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      <invstOrSec>
        <name>Eagle Bancorp Inc</name>
        <lei>549300B47NZODRMG3D47</lei>
        <title>EAGLE BANCORP INC</title>
        <cusip>268948106</cusip>
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          <isin value="US2689481065"/>
          <ticker value="EGBN"/>
          <other otherDesc="SEDOL" value="2648055"/>
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        <balance>153788.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8767453.88</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>East West Bancorp Inc</name>
        <lei>N/A</lei>
        <title>EAST WEST BANCORP INC</title>
        <cusip>27579R104</cusip>
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          <isin value="US27579R1041"/>
          <ticker value="EWBC"/>
          <other otherDesc="SEDOL" value="2487407"/>
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        <balance>111971.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8847948.42</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Emcor Group Inc</name>
        <lei>529900X0SQJB2J7YDU43</lei>
        <title>EMCOR GROUP INC</title>
        <cusip>29084Q100</cusip>
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          <isin value="US29084Q1004"/>
          <ticker value="EME"/>
          <other otherDesc="SEDOL" value="2474164"/>
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        <balance>76425.0000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Entegris Inc</name>
        <lei>IYX6OWO7BT5DKO3BYG52</lei>
        <title>ENTEGRIS INC</title>
        <cusip>29362U104</cusip>
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          <isin value="US29362U1043"/>
          <ticker value="ENTG"/>
          <other otherDesc="SEDOL" value="2599700"/>
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        <balance>67789.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ethan Allen Interiors Inc.</name>
        <lei>N/A</lei>
        <title>ETHAN ALLEN INTERIORS INC</title>
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          <isin value="US2976021046"/>
          <ticker value="ETD"/>
          <other otherDesc="SEDOL" value="2320825"/>
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        <balance>341726.0000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evercore Inc</name>
        <lei>529900P6KLPT95DW3W58</lei>
        <title>EVERCORE INC - A</title>
        <cusip>29977A105</cusip>
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          <isin value="US29977A1051"/>
          <ticker value="EVR"/>
          <other otherDesc="SEDOL" value="B1BHXZ2"/>
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        <balance>77660.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fidelity National Financial, Inc.</name>
        <lei>549300CAZYIH39SYQ287</lei>
        <title>FIDELITY NATIONAL FINANCIAL</title>
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          <isin value="US31620R3030"/>
          <ticker value="FNF"/>
          <other otherDesc="SEDOL" value="BNBRDD4"/>
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        <balance>183076.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First American Financial Corporation</name>
        <lei>549300B6VEZK3N0A1P55</lei>
        <title>FIRST AMERICAN FINANCIAL</title>
        <cusip>31847R102</cusip>
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          <isin value="US31847R1023"/>
          <ticker value="FAF"/>
          <other otherDesc="SEDOL" value="B4NFPK4"/>
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        <balance>133358.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8644265.56</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Bancorp Puerto Rico</name>
        <lei>N/A</lei>
        <title>FIRST BANCORP PUERTO RICO</title>
        <cusip>318672706</cusip>
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          <isin value="PR3186727065"/>
          <ticker value="FBP"/>
          <other otherDesc="SEDOL" value="2296926"/>
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        <balance>680641.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Horizon Corporation</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>FIRST HORIZON CORPORATION</title>
        <cusip>320517105</cusip>
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          <isin value="US3205171057"/>
          <ticker value="FHN"/>
          <other otherDesc="SEDOL" value="2341484"/>
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        <balance>397276.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin Resources</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
        <title>FRANKLIN RESOURCES INC</title>
        <cusip>354613101</cusip>
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          <isin value="US3546131018"/>
          <ticker value="BEN"/>
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        <balance>327400.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Graco Inc</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
        <title>GRACO INC</title>
        <cusip>384109104</cusip>
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          <isin value="US3841091040"/>
          <ticker value="GGG"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Graham Holdings Co</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>GRAHAM HOLDINGS CO-CLASS B</title>
        <cusip>384637104</cusip>
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          <isin value="US3846371041"/>
          <ticker value="GHC"/>
          <other otherDesc="SEDOL" value="BGM1B98"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Haverty Furniture Cos Inc</name>
        <lei>529900CVFMMIRXZVPD70</lei>
        <title>HAVERTY FURNITURE</title>
        <cusip>419596101</cusip>
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          <ticker value="HVT"/>
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        <balance>310287.0000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hilltop Holdings Inc</name>
        <lei>54930010TA543US0PM65</lei>
        <title>HILLTOP HOLDINGS INC</title>
        <cusip>432748101</cusip>
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          <ticker value="HTH"/>
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        <balance>300503.0000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Huntsman Corporation</name>
        <lei>5299000V56320A7RIQ67</lei>
        <title>HUNTSMAN CORP</title>
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          <other otherDesc="SEDOL" value="B0650B9"/>
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        <invCountry>US</invCountry>
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        <name>Idex Corporation</name>
        <lei>549300U5Y5EL6PHYLF13</lei>
        <title>IDEX CORP</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>The Interpublic Group of Companies, Inc.</name>
        <lei>5493008IUOJ5VWTRC333</lei>
        <title>INTERPUBLIC GROUP OF COS INC</title>
        <cusip>460690100</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Jefferies Financial Group Inc</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEFFERIES FINANCIAL GROUP IN</title>
        <cusip>47233W109</cusip>
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          <ticker value="JEF"/>
          <other otherDesc="SEDOL" value="BG0Q4Z2"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Johnson Outdoors Inc.</name>
        <lei>N/A</lei>
        <title>JOHNSON OUTDOORS INC-A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>La-Z-Boy Inc</name>
        <lei>549300WNO1WMN9ZG2519</lei>
        <title>LA-Z-BOY INC</title>
        <cusip>505336107</cusip>
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          <ticker value="LZB"/>
          <other otherDesc="SEDOL" value="2508405"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Landstar System Inc.</name>
        <lei>254900CUQXQRL09MEI52</lei>
        <title>LANDSTAR SYSTEM INC</title>
        <cusip>515098101</cusip>
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          <isin value="US5150981018"/>
          <ticker value="LSTR"/>
          <other otherDesc="SEDOL" value="2503994"/>
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        <balance>56456.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8515258.48</valUSD>
        <pctVal>0.9672031021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>LEVI STRAUSS &amp; CO- CLASS A</title>
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        <name>Littelfuse Inc.</name>
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      <invstOrSec>
        <name>Louisiana Pacific Corporation</name>
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      <invstOrSec>
        <name>M&amp;T Bank Corporation</name>
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      <invstOrSec>
        <name>M.D.C. Holdings Inc.</name>
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      <invstOrSec>
        <name>MGIC Investment Corp.</name>
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      <invstOrSec>
        <name>Madden(Steven)Ltd.</name>
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        <title>STEVEN MADDEN LTD</title>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Corporation</name>
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        <name>Marcus &amp; Millichap Inc</name>
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        <name>Matson Inc</name>
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        <name>Medifast Inc</name>
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        <title>MEDIFAST INC</title>
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        <name>Mueller Industries Inc.</name>
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        <name>NetApp Inc.</name>
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        <name>Nordson Corp</name>
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        <name>NortonLifeLock Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
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        <name>Oasis Petroleum Inc.</name>
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        <name>Old Republic International Corporation</name>
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        <title>OLD REPUBLIC INTL CORP</title>
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        <name>Omnicom Group Inc</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP</title>
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        <name>Owens Corning</name>
        <lei>JO5M6676RDJIZ2U8X907</lei>
        <title>OWENS CORNING</title>
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        <name>Pacific Premier Bancorp Inc</name>
        <lei>549300Q1KIC3KLI0XG98</lei>
        <title>PACIFIC PREMIER BANCORP INC</title>
        <cusip>69478X105</cusip>
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        <invCountry>US</invCountry>
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        <name>Packaging Corporation of America</name>
        <lei>549300XZP8MFZFY8TJ84</lei>
        <title>PACKAGING CORP OF AMERICA</title>
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        <invCountry>US</invCountry>
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        <name>Polaris Incorporation</name>
        <lei>549300QJSN8UVWN1EI78</lei>
        <title>POLARIS INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Popular, Inc.</name>
        <lei>5493008CARDZMVQ3LO89</lei>
        <title>POPULAR INC</title>
        <cusip>733174700</cusip>
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        <balance>108169.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8841734.06</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Principal Financial Group</name>
        <lei>CUMYEZJOAF02RYZ1JJ85</lei>
        <title>PRINCIPAL FINANCIAL GROUP</title>
        <cusip>74251V102</cusip>
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          <isin value="US74251V1026"/>
          <ticker value="PFG"/>
          <other otherDesc="SEDOL" value="2803014"/>
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        <balance>130525.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pulte Group Inc</name>
        <lei>N/A</lei>
        <title>PULTE GROUP INC</title>
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          <isin value="US7458671010"/>
          <ticker value="PHM"/>
          <other otherDesc="SEDOL" value="2708841"/>
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        <balance>188748.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Radian Group Inc.</name>
        <lei>54930005OUP720S5U385</lei>
        <title>RADIAN GROUP INC</title>
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          <isin value="US7502361014"/>
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        <balance>404842.0000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Raymond James Financial Inc.</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Robert Half International Inc.</name>
        <lei>529900VPCUY9H3HLIC08</lei>
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          <isin value="US7703231032"/>
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        <balance>75954.0000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SLM Corporation</name>
        <lei>4K8SLPBF5DXXGPW03H93</lei>
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          <isin value="US78442P1066"/>
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        <balance>490664.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Schneider National Inc</name>
        <lei>529900V6GZ6G6E3BLV72</lei>
        <title>SCHNEIDER NATIONAL INC-CL B</title>
        <cusip>80689H102</cusip>
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          <isin value="US80689H1023"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Seaboard Corp Del</name>
        <lei>87Q3KOXT29OW9W9YPT70</lei>
        <title>SEABOARD CORP</title>
        <cusip>811543107</cusip>
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          <isin value="US8115431079"/>
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        <balance>2311.0000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smith &amp; Wesson Brands Inc</name>
        <lei>5493004PFHUPOR1PWN79</lei>
        <title>SMITH &amp; WESSON BRANDS INC</title>
        <cusip>831754106</cusip>
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          <isin value="US8317541063"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Smith(Ao)Corp</name>
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        <title>SMITH (A.O.) CORP</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Snap-On Incorporated</name>
        <lei>HHWAT5TDOYZMM26KKQ73</lei>
        <title>SNAP-ON INC</title>
        <cusip>833034101</cusip>
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          <isin value="US8330341012"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Standard Motor Products, Inc.</name>
        <lei>THGK1EO5B5HK0JHQVZ90</lei>
        <title>STANDARD MOTOR PRODS</title>
        <cusip>853666105</cusip>
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          <isin value="US8536661056"/>
          <ticker value="SMP"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Steel Dynamics, Inc.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STEEL DYNAMICS INC</title>
        <cusip>858119100</cusip>
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          <isin value="US8581191009"/>
          <ticker value="STLD"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Sturm Ruger &amp; Co</name>
        <lei>529900DV1BWFJSHFO847</lei>
        <title>STURM RUGER &amp; CO INC</title>
        <cusip>864159108</cusip>
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          <isin value="US8641591081"/>
          <ticker value="RGR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Genpact Limited</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
        <title>GENPACT LTD</title>
        <cusip>G3922B107</cusip>
        <identifiers>
          <isin value="BMG3922B1072"/>
          <ticker value="G"/>
          <other otherDesc="SEDOL" value="B23DBK6"/>
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        <balance>205363.0000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Genco Shipping &amp; Trading Limited</name>
        <lei>5493003MBZ5GU8QHXZ58</lei>
        <title>GENCO SHIPPING &amp; TRADING LTD</title>
        <cusip>Y2685T131</cusip>
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          <isin value="MHY2685T1313"/>
          <ticker value="GNK"/>
          <other otherDesc="SEDOL" value="BD08758"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Allegion PLC</name>
        <lei>984500560CAC2E6FB757</lei>
        <title>ALLEGION PLC</title>
        <cusip>G0176J109</cusip>
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          <isin value="IE00BFRT3W74"/>
          <ticker value="ALLE"/>
          <other otherDesc="SEDOL" value="BFRT3W7"/>
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        <balance>77368.0000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Essent Group Limited</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>ESSENT GROUP LTD</title>
        <cusip>G3198U102</cusip>
        <identifiers>
          <isin value="BMG3198U1027"/>
          <ticker value="ESNT"/>
          <other otherDesc="SEDOL" value="BFWGXR8"/>
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        <balance>219481.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>9044812.01</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Everest Re Group Ltd.</name>
        <lei>549300N24XF2VV0B3570</lei>
        <title>EVEREST RE GROUP LTD</title>
        <cusip>G3223R108</cusip>
        <identifiers>
          <isin value="BMG3223R1088"/>
          <ticker value="RE"/>
          <other otherDesc="SEDOL" value="2556868"/>
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        <balance>31878.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>9607391.64</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Synovus Financial Corp.</name>
        <lei>549300EIUS8UN5JTLE54</lei>
        <title>SYNOVUS FINANCIAL CORP</title>
        <cusip>87161C501</cusip>
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          <ticker value="SNV"/>
          <other otherDesc="SEDOL" value="BMH4NJ8"/>
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        <balance>182651.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8949899.00</valUSD>
        <pctVal>1.0165716163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terex Corporation</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>TEREX CORP</title>
        <cusip>880779103</cusip>
        <identifiers>
          <isin value="US8807791038"/>
          <ticker value="TEX"/>
          <other otherDesc="SEDOL" value="2884224"/>
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        <balance>232301.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8283853.66</valUSD>
        <pctVal>0.9409190545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tetra Tech Inc</name>
        <lei>549300UJ1LP7JGJC5P32</lei>
        <title>TETRA TECH INC</title>
        <cusip>88162G103</cusip>
        <identifiers>
          <isin value="US88162G1031"/>
          <ticker value="TTEK"/>
          <other otherDesc="SEDOL" value="2883890"/>
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        <balance>54487.0000</balance>
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        <curCd>USD</curCd>
        <valUSD>8987085.78</valUSD>
        <pctVal>1.0207954657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Pacific Land Corporation</name>
        <lei>529900WTH0D1S7BB4S10</lei>
        <title>TEXAS PACIFIC LAND CORP</title>
        <cusip>88262P102</cusip>
        <identifiers>
          <isin value="US88262P1021"/>
          <ticker value="TPL"/>
          <other otherDesc="SEDOL" value="BM99VY2"/>
        </identifiers>
        <balance>6787.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9176770.57</valUSD>
        <pctVal>1.0423407562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Roadhouse Inc</name>
        <lei>5299002Y1CNRPDGXTQ75</lei>
        <title>TEXAS ROADHOUSE INC</title>
        <cusip>882681109</cusip>
        <identifiers>
          <isin value="US8826811098"/>
          <ticker value="TXRH"/>
          <other otherDesc="SEDOL" value="B033TJ7"/>
        </identifiers>
        <balance>109288.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9150684.24</valUSD>
        <pctVal>1.0393777481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toll Brothers, Inc.</name>
        <lei>529900JB6IS9MSZGVR44</lei>
        <title>TOLL BROTHERS INC</title>
        <cusip>889478103</cusip>
        <identifiers>
          <isin value="US8894781033"/>
          <ticker value="TOL"/>
          <other otherDesc="SEDOL" value="2896092"/>
        </identifiers>
        <balance>171112.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8045686.24</valUSD>
        <pctVal>0.9138668789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Toro Company</name>
        <lei>YJKE4YIT6BWQHVEW0D14</lei>
        <title>TORO CO</title>
        <cusip>891092108</cusip>
        <identifiers>
          <isin value="US8910921084"/>
          <ticker value="TTC"/>
          <other otherDesc="SEDOL" value="2897040"/>
        </identifiers>
        <balance>104514.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8934901.86</valUSD>
        <pctVal>1.0148681707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UFP Industries Inc</name>
        <lei>5493007KB485C9OV5572</lei>
        <title>UFP INDUSTRIES INC</title>
        <cusip>90278Q108</cusip>
        <identifiers>
          <isin value="US90278Q1085"/>
          <ticker value="UFPI"/>
          <other otherDesc="SEDOL" value="BMQ60Q1"/>
        </identifiers>
        <balance>103468.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7983590.88</valUSD>
        <pctVal>0.9068137959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Display Corp.</name>
        <lei>N/A</lei>
        <title>UNIVERSAL DISPLAY CORP</title>
        <cusip>91347P105</cusip>
        <identifiers>
          <isin value="US91347P1057"/>
          <ticker value="OLED"/>
          <other otherDesc="SEDOL" value="2277880"/>
        </identifiers>
        <balance>55045.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9189762.75</valUSD>
        <pctVal>1.0438164691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unum Group</name>
        <lei>549300E32YFDO6TZ8R31</lei>
        <title>UNUM GROUP</title>
        <cusip>91529Y106</cusip>
        <identifiers>
          <isin value="US91529Y1064"/>
          <ticker value="UNM"/>
          <other otherDesc="SEDOL" value="2433842"/>
        </identifiers>
        <balance>310186.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9773960.86</valUSD>
        <pctVal>1.1101724377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Voya Financial Inc</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>VOYA FINANCIAL INC</title>
        <cusip>929089100</cusip>
        <identifiers>
          <isin value="US9290891004"/>
          <ticker value="VOYA"/>
          <other otherDesc="SEDOL" value="BKWQ2N2"/>
        </identifiers>
        <balance>137356.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9113570.60</valUSD>
        <pctVal>1.0351622064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Western Union Company</name>
        <lei>28ID94QU1140NC23S047</lei>
        <title>WESTERN UNION CO</title>
        <cusip>959802109</cusip>
        <identifiers>
          <isin value="US9598021098"/>
          <ticker value="WU"/>
          <other otherDesc="SEDOL" value="B1F76F9"/>
        </identifiers>
        <balance>507833.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9516790.42</valUSD>
        <pctVal>1.0809618097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westlake Corporation</name>
        <lei>GOXNEVUM0LL78B1OS344</lei>
        <title>WESTLAKE CORP</title>
        <cusip>960413102</cusip>
        <identifiers>
          <isin value="US9604131022"/>
          <ticker value="WLK"/>
          <other otherDesc="SEDOL" value="B01ZP20"/>
        </identifiers>
        <balance>73773.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9103588.20</valUSD>
        <pctVal>1.0340283584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Whirlpool Corporation</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>WHIRLPOOL CORP</title>
        <cusip>963320106</cusip>
        <identifiers>
          <isin value="US9633201069"/>
          <ticker value="WHR"/>
          <other otherDesc="SEDOL" value="2960384"/>
        </identifiers>
        <balance>46940.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8110293.20</valUSD>
        <pctVal>0.9212052412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Williams-Sonoma Incorporation</name>
        <lei>549300IARG6YWVTZ1I92</lei>
        <title>WILLIAMS-SONOMA INC</title>
        <cusip>969904101</cusip>
        <identifiers>
          <isin value="US9699041011"/>
          <ticker value="WSM"/>
          <other otherDesc="SEDOL" value="2967589"/>
        </identifiers>
        <balance>55678.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8073310.00</valUSD>
        <pctVal>0.9170045155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Worthington Industries, Inc.</name>
        <lei>1WRCIANKYOIK6KYE5E82</lei>
        <title>WORTHINGTON INDUSTRIES</title>
        <cusip>981811102</cusip>
        <identifiers>
          <isin value="US9818111026"/>
          <ticker value="WOR"/>
          <other otherDesc="SEDOL" value="2981932"/>
        </identifiers>
        <balance>150620.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7743374.20</valUSD>
        <pctVal>0.8795288557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zions Bancorporation Natl Assn Global Bank</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>ZIONS BANCORP NA</title>
        <cusip>989701107</cusip>
        <identifiers>
          <isin value="US9897011071"/>
          <ticker value="ZION"/>
          <other otherDesc="SEDOL" value="2989828"/>
        </identifiers>
        <balance>134729.0000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8832833.24</valUSD>
        <pctVal>1.0032747368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-04-29</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded Fund VI</ncom:nameOfApplicant>
      <ncom:signature>Donald P. Swade</ncom:signature>
      <ncom:signerName>First Trust Exchange-Traded Fund VI </ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
