DEUS vs. FNCL ETF Comparison

Comparison of Deutsche X-trackers Russell 1000 Enhanced Beta ETF (DEUS) to Fidelity MSCI Financials Index ETF (FNCL)

DEUS

Deutsche X-trackers Russell 1000 Enhanced Beta ETF

DEUS Description

The investment seeks investment results that correspond generally to the performance of the Russell 1000 Comprehensive Factor Index. The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance of the underlying index, which is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of value, momentum, quality, low volatility and size. It will normally invest at least 80% of its net assets in equity securities of issuers from the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.46

Average Daily Volume

6,372

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.47

Average Daily Volume

114,581

Number of Holdings ^*

380

* may have additional holdings in another (foreign) market

Performance

Period	DEUS	FNCL
30 Days	5.28%	9.11%
60 Days	5.59%	13.04%
90 Days	7.47%	16.04%
12 Months	30.24%	49.10%

133 Overlapping Holdings

Symbol	Grade	Weight in DEUS	Weight in FNCL	Overlap
ACGL	D	0.94%	0.46%	0.46%
AFG	A	0.1%	0.13%	0.1%
AFL	B	0.26%	0.74%	0.26%
AGO	B	0.14%	0.06%	0.06%
AIG	B	0.06%	0.63%	0.06%
AIZ	A	0.14%	0.15%	0.14%
AJG	B	0.06%	0.8%	0.06%
ALL	A	0.07%	0.64%	0.07%
ALLY	C	0.02%	0.12%	0.02%
AMG	B	0.21%	0.07%	0.07%
AMP	A	0.13%	0.69%	0.13%
AON	A	0.11%	0.91%	0.11%
APO	B	0.14%	0.81%	0.14%
ARES	A	0.05%	0.39%	0.05%
AXP	A	0.09%	2.05%	0.09%
AXS	A	0.09%	0.09%	0.09%
BAC	A	0.02%	4.0%	0.02%
BEN	C	0.02%	0.08%	0.02%
BK	A	0.15%	0.71%	0.15%
BLK	C	0.11%	1.93%	0.11%
BOKF	B	0.01%	0.04%	0.01%
BPOP	B	0.04%	0.09%	0.04%
BRK.A	B	0.11%	7.67%	0.11%
BRO	B	0.25%	0.33%	0.25%
BX	A	0.09%	1.6%	0.09%
C	A	0.02%	1.61%	0.02%
CACC	D	0.02%	0.04%	0.02%
CB	C	0.31%	1.37%	0.31%
CBOE	B	0.52%	0.26%	0.26%
CBSH	A	0.05%	0.11%	0.05%
CFG	B	0.07%	0.27%	0.07%
CFR	B	0.02%	0.1%	0.02%
CINF	A	0.52%	0.29%	0.29%
CMA	A	0.04%	0.11%	0.04%
CME	A	0.06%	0.99%	0.06%
COF	B	0.18%	0.87%	0.18%
COLB	A	0.03%	0.08%	0.03%
CPAY	A	0.22%	0.31%	0.22%
DFS	B	0.09%	0.54%	0.09%
EEFT	B	0.05%	0.06%	0.05%
EG	C	0.47%	0.2%	0.2%
EQH	B	0.05%	0.19%	0.05%
EVR	B	0.25%	0.14%	0.14%
EWBC	A	0.11%	0.18%	0.11%
FAF	A	0.02%	0.08%	0.02%
FCNCA	A	0.28%	0.27%	0.27%
FDS	B	0.23%	0.23%	0.23%
FHB	A	0.02%	0.05%	0.02%
FHN	A	0.05%	0.14%	0.05%
FI	A	0.15%	1.53%	0.15%
FIS	C	0.03%	0.61%	0.03%
FITB	A	0.1%	0.4%	0.1%
FNB	A	0.03%	0.08%	0.03%
FNF	B	0.11%	0.19%	0.11%
GL	B	0.22%	0.13%	0.13%
GPN	B	0.05%	0.37%	0.05%
GS	A	0.02%	2.35%	0.02%
HBAN	A	0.1%	0.32%	0.1%
HIG	B	0.37%	0.43%	0.37%
HLI	B	0.3%	0.12%	0.12%
IBKR	A	0.14%	0.22%	0.14%
ICE	C	0.05%	1.11%	0.05%
IVZ	B	0.01%	0.07%	0.01%
JEF	A	0.01%	0.15%	0.01%
JHG	A	0.17%	0.08%	0.08%
JKHY	D	0.08%	0.16%	0.08%
JPM	A	0.02%	8.6%	0.02%
KEY	B	0.06%	0.23%	0.06%
KKR	A	0.03%	1.16%	0.03%
KNSL	B	0.3%	0.13%	0.13%
L	A	0.18%	0.2%	0.18%
LPLA	A	0.28%	0.29%	0.28%
MA	C	0.02%	5.35%	0.02%
MCO	B	0.18%	0.98%	0.18%
MET	A	0.09%	0.63%	0.09%
MKL	A	0.43%	0.28%	0.28%
MKTX	D	0.03%	0.12%	0.03%
MMC	B	0.23%	1.35%	0.23%
MORN	B	0.04%	0.12%	0.04%
MSCI	C	0.14%	0.59%	0.14%
MTB	A	0.15%	0.44%	0.15%
MTG	C	0.24%	0.08%	0.08%
NDAQ	A	0.11%	0.42%	0.11%
NTRS	A	0.07%	0.27%	0.07%
OMF	A	0.02%	0.09%	0.02%
ORI	A	0.17%	0.12%	0.12%
OWL	A	0.02%	0.13%	0.02%
OZK	B	0.07%	0.06%	0.06%
PB	A	0.02%	0.1%	0.02%
PFG	D	0.04%	0.25%	0.04%
PGR	A	0.34%	1.87%	0.34%
PNC	B	0.12%	1.03%	0.12%
PNFP	B	0.06%	0.12%	0.06%
PRI	A	0.17%	0.13%	0.13%
PRU	A	0.09%	0.56%	0.09%
PYPL	B	0.15%	1.05%	0.15%
RF	A	0.09%	0.3%	0.09%
RGA	A	0.12%	0.19%	0.12%
RJF	A	0.03%	0.39%	0.03%
RLI	B	0.14%	0.09%	0.09%
RNR	C	0.49%	0.17%	0.17%
RYAN	B	0.02%	0.09%	0.02%
SCHW	B	0.04%	1.5%	0.04%
SEIC	B	0.19%	0.11%	0.11%
SF	B	0.07%	0.15%	0.07%
SLM	A	0.03%	0.06%	0.03%
SNV	B	0.04%	0.11%	0.04%
SPGI	C	0.05%	2.02%	0.05%
STT	A	0.05%	0.35%	0.05%
STWD	C	0.02%	0.07%	0.02%
SYF	B	0.3%	0.32%	0.3%
TFC	A	0.03%	0.77%	0.03%
THG	A	0.02%	0.07%	0.02%
TOST	B	0.01%	0.18%	0.01%
TPG	A	0.04%	0.06%	0.04%
TROW	B	0.18%	0.33%	0.18%
TRV	B	0.27%	0.73%	0.27%
TW	A	0.17%	0.18%	0.17%
UNM	A	0.12%	0.16%	0.12%
USB	A	0.09%	0.98%	0.09%
V	A	0.03%	6.01%	0.03%
VIRT	B	0.04%	0.04%	0.04%
VOYA	B	0.03%	0.1%	0.03%
WAL	B	0.01%	0.12%	0.01%
WBS	A	0.05%	0.13%	0.05%
WEX	D	0.04%	0.09%	0.04%
WFC	A	0.06%	3.14%	0.06%
WRB	A	0.31%	0.23%	0.23%
WTFC	A	0.04%	0.11%	0.04%
WTM	A	0.01%	0.06%	0.01%
WTW	B	0.09%	0.4%	0.09%
WU	D	0.13%	0.03%	0.03%
ZION	B	0.05%	0.11%	0.05%

DEUS Overweight 703 Positions Relative to FNCL

Symbol	Grade	Weight
MCK	B	1.17%
CAH	B	0.93%
VST	B	0.8%
COR	B	0.64%
GDDY	A	0.64%
LDOS	C	0.64%
PHM	D	0.61%
KR	B	0.55%
CTSH	B	0.55%
CASY	A	0.54%
MO	A	0.54%
JBL	B	0.54%
CMI	A	0.53%
DHI	D	0.5%
CNC	D	0.49%
NTAP	C	0.49%
LEN	D	0.48%
FFIV	B	0.47%
ADM	D	0.46%
EME	C	0.46%
ETR	B	0.45%
NVR	D	0.45%
PCAR	B	0.45%
FTNT	C	0.44%
GRMN	B	0.43%
HUM	C	0.42%
BJ	A	0.41%
UTHR	C	0.4%
PEG	A	0.4%
TSCO	D	0.39%
EBAY	D	0.38%
OC	A	0.37%
ALSN	B	0.37%
NUE	C	0.35%
SNA	A	0.35%
RS	B	0.35%
CI	F	0.34%
SOLV	C	0.34%
IP	B	0.33%
STLD	B	0.33%
APH	A	0.33%
IT	C	0.33%
INGR	B	0.33%
GWW	B	0.33%
MSI	B	0.33%
AZO	C	0.32%
NRG	B	0.32%
IBM	C	0.31%
SWKS	F	0.31%
MOH	F	0.31%
FAST	B	0.31%
BR	A	0.3%
TJX	A	0.3%
ATO	A	0.3%
TSN	B	0.3%
HRB	D	0.3%
BKNG	A	0.3%
ORLY	B	0.29%
PKG	A	0.28%
EXPE	B	0.28%
MUSA	A	0.28%
RL	B	0.28%
CACI	D	0.28%
DAL	C	0.28%
CL	D	0.28%
T	A	0.27%
DVA	B	0.27%
GM	B	0.27%
KLAC	D	0.27%
HPE	B	0.26%
MAS	D	0.26%
GEN	B	0.26%
INTU	C	0.25%
EXP	A	0.25%
ITT	A	0.25%
GNTX	C	0.25%
CNM	D	0.25%
CVS	D	0.24%
BBY	D	0.24%
OMC	C	0.24%
FIX	A	0.24%
AYI	B	0.24%
TOL	B	0.24%
SKX	D	0.24%
SNPS	B	0.24%
SRE	A	0.24%
DBX	B	0.24%
WMB	A	0.24%
A	D	0.24%
GEHC	F	0.24%
COKE	C	0.23%
TXRH	C	0.23%
J	F	0.23%
VZ	C	0.23%
CSL	C	0.23%
CBRE	B	0.23%
TT	A	0.23%
ELV	F	0.23%
LRCX	F	0.22%
ROST	C	0.22%
WM	A	0.22%
SAIC	F	0.22%
CDNS	B	0.21%
WSM	B	0.21%
VTRS	A	0.21%
GD	F	0.21%
HLT	A	0.21%
SYY	B	0.21%
AEP	D	0.21%
BRBR	A	0.21%
RSG	A	0.21%
CHTR	C	0.21%
FDX	B	0.21%
CAT	B	0.2%
NOW	A	0.2%
NI	A	0.2%
KMB	D	0.2%
CTRA	B	0.2%
PAYX	C	0.2%
PAYC	B	0.2%
EIX	B	0.2%
DUK	C	0.2%
EA	A	0.2%
CHD	B	0.2%
UHS	D	0.2%
URI	B	0.2%
LII	A	0.2%
LH	C	0.2%
MSFT	F	0.19%
PPL	B	0.19%
WSO	A	0.19%
EOG	A	0.19%
OSK	B	0.19%
CW	B	0.19%
EXEL	B	0.19%
AMAT	F	0.19%
PSA	D	0.19%
AKAM	D	0.19%
DTM	B	0.19%
EHC	B	0.19%
XEL	A	0.18%
SNX	C	0.18%
K	A	0.18%
PWR	A	0.18%
ADSK	A	0.18%
EMN	D	0.18%
LUV	C	0.18%
CE	F	0.18%
GPC	D	0.18%
SSD	D	0.18%
VLO	C	0.18%
MANH	D	0.18%
ODFL	B	0.18%
AOS	F	0.18%
BG	F	0.18%
NFG	A	0.18%
IWB	A	0.18%
KEYS	A	0.18%
ED	D	0.18%
MPC	D	0.17%
SHW	A	0.17%
DPZ	C	0.17%
CMS	C	0.17%
HII	D	0.17%
DOX	D	0.17%
D	C	0.17%
CRUS	D	0.17%
DELL	C	0.17%
FYBR	D	0.17%
LOPE	B	0.17%
BKR	B	0.17%
TXT	D	0.17%
RPM	A	0.17%
CNP	B	0.17%
HPQ	B	0.17%
WAB	B	0.17%
CRM	B	0.17%
NYT	C	0.16%
ANET	C	0.16%
LECO	B	0.16%
DGX	A	0.16%
CARR	D	0.16%
CF	B	0.16%
PSN	D	0.16%
GILD	C	0.16%
IR	B	0.16%
TGT	F	0.16%
PNR	A	0.16%
LAMR	D	0.16%
MAR	B	0.15%
PM	B	0.15%
MLM	B	0.15%
CMG	B	0.15%
AAON	B	0.15%
R	B	0.15%
CMCSA	B	0.15%
DKS	C	0.15%
CDW	F	0.15%
ATR	B	0.15%
ADI	D	0.15%
CR	A	0.15%
HST	C	0.15%
QCOM	F	0.15%
DCI	B	0.15%
ROL	B	0.15%
BAH	F	0.15%
SO	D	0.15%
ADBE	C	0.15%
REGN	F	0.15%
FICO	B	0.15%
GEV	B	0.15%
JCI	C	0.14%
ROK	B	0.14%
TPR	B	0.14%
EXC	C	0.14%
AVY	D	0.14%
DOV	A	0.14%
CSCO	B	0.14%
VVV	F	0.14%
AWI	A	0.14%
CPRT	A	0.14%
VRTX	F	0.14%
CTAS	B	0.14%
OGE	B	0.14%
COST	B	0.14%
OTIS	C	0.13%
BWA	D	0.13%
FOXA	B	0.13%
WST	C	0.13%
WEC	A	0.13%
WDAY	B	0.13%
DLTR	F	0.13%
KMI	A	0.13%
POOL	C	0.13%
LOW	D	0.13%
NEU	C	0.13%
NBIX	C	0.12%
ROP	B	0.12%
POST	C	0.12%
APD	A	0.12%
TYL	B	0.12%
FE	C	0.12%
PANW	C	0.12%
EPAM	C	0.12%
EVRG	A	0.12%
ECL	D	0.12%
PSX	C	0.12%
BWXT	B	0.12%
VMC	B	0.12%
DECK	A	0.12%
SPG	B	0.12%
NWSA	B	0.12%
ADP	B	0.11%
HUBB	B	0.11%
DTE	C	0.11%
DD	D	0.11%
HWM	A	0.11%
LMT	D	0.11%
ITW	B	0.11%
CLH	B	0.11%
VRSK	A	0.11%
KEX	C	0.11%
TER	D	0.11%
MPWR	F	0.11%
EXPD	D	0.11%
HD	A	0.1%
GE	D	0.1%
NXST	C	0.1%
DLB	B	0.1%
VICI	C	0.1%
GOOGL	C	0.1%
YUM	B	0.1%
CIEN	B	0.1%
AVB	B	0.1%
RGLD	C	0.1%
PNW	B	0.1%
SSNC	B	0.1%
LYB	F	0.1%
DE	A	0.1%
ULTA	F	0.1%
SAIA	B	0.1%
FLS	B	0.1%
ACI	C	0.1%
ALLE	D	0.1%
KHC	F	0.1%
COLM	B	0.1%
GIS	D	0.1%
ETN	A	0.1%
COP	C	0.1%
TAP	C	0.1%
CUBE	D	0.1%
TPL	A	0.1%
AAPL	C	0.1%
CSX	B	0.09%
AMCR	D	0.09%
BLD	D	0.09%
LNT	A	0.09%
ACM	A	0.09%
MAT	D	0.09%
AME	A	0.09%
CHE	D	0.09%
CPB	D	0.09%
MCHP	D	0.09%
DINO	D	0.09%
AEE	A	0.09%
HCA	F	0.09%
TXN	C	0.09%
BLDR	D	0.09%
GOOG	C	0.09%
SCI	B	0.09%
ARMK	B	0.09%
RHI	B	0.09%
MDLZ	F	0.09%
VEEV	C	0.08%
GPK	C	0.08%
JBHT	C	0.08%
NVDA	C	0.08%
LIN	D	0.08%
TMUS	B	0.08%
ABBV	D	0.08%
EQR	B	0.08%
GGG	B	0.08%
BSX	B	0.08%
QRVO	F	0.08%
META	D	0.08%
AMGN	D	0.08%
DLR	B	0.08%
UHAL	D	0.08%
MEDP	D	0.08%
FND	C	0.08%
FLO	D	0.08%
SBUX	A	0.08%
JLL	D	0.08%
FTV	C	0.08%
IEX	B	0.08%
ESAB	B	0.08%
DOW	F	0.07%
RTX	C	0.07%
FOX	A	0.07%
WY	D	0.07%
VNT	B	0.07%
NEE	D	0.07%
EXR	D	0.07%
STZ	D	0.07%
ISRG	A	0.07%
JNPR	F	0.07%
VLTO	D	0.07%
NVT	B	0.07%
WWD	B	0.07%
MMM	D	0.07%
BURL	A	0.07%
GLW	B	0.07%
CCK	C	0.07%
GWRE	A	0.07%
USFD	A	0.07%
JAZZ	B	0.07%
SYK	C	0.07%
OLLI	D	0.07%
RMD	C	0.07%
DG	F	0.07%
NOC	D	0.07%
F	C	0.07%
TTEK	F	0.07%
CPNG	D	0.07%
ACN	C	0.07%
MRO	B	0.07%
PVH	C	0.07%
BALL	D	0.07%
STE	F	0.07%
ESS	B	0.07%
CTVA	C	0.06%
PTC	A	0.06%
BMY	B	0.06%
SN	D	0.06%
IRM	D	0.06%
LSCC	D	0.06%
MTD	D	0.06%
WMT	A	0.06%
LEA	D	0.06%
NSC	B	0.06%
UPS	C	0.06%
AMZN	C	0.06%
LNG	B	0.06%
KDP	D	0.06%
MSM	C	0.06%
GO	C	0.06%
ALK	C	0.06%
HOG	D	0.06%
UNH	C	0.06%
CLX	B	0.06%
MDU	D	0.06%
SPOT	B	0.06%
LULU	C	0.06%
TDY	B	0.06%
VSTS	C	0.06%
ONTO	D	0.06%
OLED	D	0.06%
LSTR	D	0.06%
GTES	A	0.06%
LHX	C	0.06%
MDT	D	0.06%
LYV	A	0.06%
IDXX	F	0.06%
KVUE	A	0.06%
IPG	D	0.06%
SON	D	0.05%
WBD	C	0.05%
WMS	D	0.05%
NKE	D	0.05%
NWS	B	0.05%
PEP	F	0.05%
UNP	C	0.05%
VRT	B	0.05%
CRBG	B	0.05%
MAA	B	0.05%
ANSS	B	0.05%
CPT	B	0.05%
SITE	D	0.05%
MTSI	B	0.05%
SBAC	D	0.05%
THO	B	0.05%
IQV	D	0.05%
PCG	A	0.05%
AAP	C	0.05%
PSTG	D	0.05%
HON	B	0.05%
NNN	D	0.05%
JNJ	D	0.05%
LKQ	D	0.05%
PPG	F	0.05%
TREX	C	0.05%
DASH	A	0.05%
WPC	D	0.05%
WTRG	B	0.05%
AMKR	D	0.05%
ZTS	D	0.05%
ABNB	C	0.05%
FBIN	D	0.05%
PPC	C	0.05%
ESI	A	0.05%
CVX	A	0.05%
CRI	D	0.05%
MTZ	B	0.05%
AES	F	0.05%
AVTR	F	0.05%
CHH	A	0.04%
ES	D	0.04%
ENTG	D	0.04%
INVH	D	0.04%
MAN	D	0.04%
BDX	F	0.04%
FCX	D	0.04%
WFRD	D	0.04%
G	B	0.04%
PRGO	B	0.04%
UDR	B	0.04%
PG	A	0.04%
CCI	D	0.04%
AVGO	D	0.04%
AMH	D	0.04%
AXTA	A	0.04%
NWL	B	0.04%
TKR	D	0.04%
EW	C	0.04%
FCN	D	0.04%
XOM	B	0.04%
MNST	C	0.04%
TEAM	A	0.04%
BERY	B	0.04%
TDC	D	0.04%
RBC	A	0.04%
ABT	B	0.04%
SLGN	A	0.04%
SLB	C	0.04%
EFX	F	0.04%
MHK	D	0.04%
RPRX	D	0.04%
IFF	D	0.04%
WLK	D	0.04%
MCD	D	0.04%
AZEK	A	0.04%
IDA	A	0.04%
VRSN	F	0.04%
FANG	D	0.04%
AWK	D	0.04%
ELS	C	0.04%
NDSN	B	0.04%
DRI	B	0.04%
CAG	D	0.04%
SMG	D	0.03%
BFAM	D	0.03%
GLPI	C	0.03%
ALGN	D	0.03%
LEN	D	0.03%
KBR	F	0.03%
VMI	B	0.03%
BXP	D	0.03%
SJM	D	0.03%
MRK	F	0.03%
SPB	C	0.03%
GAP	C	0.03%
AGCO	D	0.03%
HXL	D	0.03%
DT	C	0.03%
HRL	D	0.03%
CXT	B	0.03%
PH	A	0.03%
TECH	D	0.03%
WCC	B	0.03%
ZBH	C	0.03%
QGEN	D	0.03%
TMO	F	0.03%
TNL	A	0.03%
MRVL	B	0.03%
HES	B	0.03%
KRC	C	0.03%
FRT	B	0.03%
MTN	C	0.03%
GNRC	B	0.03%
EGP	F	0.03%
BRKR	D	0.03%
FR	C	0.03%
APG	B	0.03%
MSGS	A	0.03%
AXON	A	0.03%
DHR	F	0.03%
REG	B	0.03%
BC	C	0.03%
REYN	D	0.03%
TRU	D	0.03%
TTC	D	0.03%
DVN	F	0.03%
CRL	C	0.03%
KIM	A	0.03%
HIW	D	0.03%
APP	B	0.03%
ARW	D	0.03%
H	B	0.03%
FTI	A	0.03%
KO	D	0.03%
NFLX	A	0.03%
PCOR	B	0.03%
HOLX	D	0.03%
BAX	D	0.03%
DIS	B	0.03%
OLN	D	0.03%
CRWD	B	0.03%
GLOB	B	0.03%
FTRE	D	0.03%
BRX	A	0.03%
OGN	D	0.03%
NSA	D	0.03%
HSY	F	0.03%
WING	D	0.03%
INCY	C	0.03%
RVTY	F	0.02%
KNX	B	0.02%
VNO	B	0.02%
FSLR	F	0.02%
INTC	D	0.02%
HAL	C	0.02%
XPO	B	0.02%
SCCO	F	0.02%
RYN	D	0.02%
LVS	C	0.02%
IPGP	D	0.02%
CHDN	B	0.02%
CNH	C	0.02%
KD	B	0.02%
WHR	B	0.02%
THC	D	0.02%
TDG	D	0.02%
AN	C	0.02%
CSGP	D	0.02%
WAT	B	0.02%
PINC	B	0.02%
DOC	D	0.02%
PLD	D	0.02%
YETI	C	0.02%
TFX	F	0.02%
AM	A	0.02%
MKC	D	0.02%
LBRDK	C	0.02%
RRX	B	0.02%
DXC	B	0.02%
ASH	D	0.02%
MASI	A	0.02%
PCTY	B	0.02%
SAM	C	0.02%
MSA	D	0.02%
SWK	D	0.02%
DOCU	A	0.02%
EQIX	A	0.02%
TRMB	B	0.02%
AMED	F	0.02%
MTCH	D	0.02%
KMX	B	0.02%
STAG	F	0.02%
HUBS	A	0.02%
CHRW	C	0.02%
LFUS	F	0.02%
WH	B	0.02%
CTLT	B	0.01%
FMC	D	0.01%
CGNX	C	0.01%
ELF	C	0.01%
AAL	B	0.01%
SNOW	C	0.01%
PII	D	0.01%
CROX	D	0.01%
BMRN	D	0.01%
SEB	F	0.01%
HEI	B	0.01%
XRAY	F	0.01%
ACHC	F	0.01%
TRIP	F	0.01%
ORCL	B	0.01%
M	D	0.01%
ZI	D	0.01%
CIVI	D	0.01%
INFA	D	0.01%
ON	D	0.01%
OKTA	C	0.01%
BBWI	D	0.01%
CC	C	0.01%
EL	F	0.01%
REXR	F	0.01%
TPX	B	0.01%
HAS	D	0.01%
CNA	B	0.01%
UAL	A	0.01%
CLF	F	0.01%
APPF	B	0.01%
AGR	B	0.01%
CEG	D	0.01%
LLY	F	0.01%
DDS	B	0.01%
RGEN	D	0.01%
IAC	D	0.01%
WYNN	D	0.01%
UBER	D	0.01%
CWEN	C	0.01%
AMD	F	0.01%
OHI	C	0.01%
DNB	B	0.01%
NU	C	0.01%
SNDR	B	0.01%
MOS	F	0.01%
TTWO	A	0.01%
ST	F	0.01%
UHAL	D	0.01%
WELL	A	0.01%
DDOG	A	0.01%
HEI	B	0.01%
ALB	C	0.01%
BSY	D	0.01%
NTNX	A	0.01%
ADC	B	0.01%
SEE	C	0.01%
APTV	D	0.01%
SMAR	A	0.01%
ZS	C	0.01%
HSIC	B	0.01%
ZBRA	B	0.01%
MIDD	C	0.01%
PINS	D	0.01%
DAY	B	0.01%
O	D	0.01%
LPX	B	0.01%
UGI	A	0.01%
CUZ	B	0.01%
UAA	C	0.01%
FIVE	F	0.01%
OXY	D	0.01%
DV	C	0.01%
X	C	0.01%
FRPT	B	0.01%
DXCM	D	0.01%
ATI	D	0.01%
AMT	D	0.01%
ZM	B	0.01%
ARE	D	0.01%
PAG	B	0.01%
HUN	F	0.01%
LW	C	0.01%
VFC	C	0.01%
WSC	D	0.01%
EMR	A	0.01%
GXO	B	0.01%
NOV	C	0.01%
UA	C	0.01%
LITE	B	0.01%
AVT	C	0.0%
GFS	C	0.0%
SMCI	F	0.0%
AZTA	D	0.0%
XYL	D	0.0%
MKSI	C	0.0%
RH	B	0.0%
HAYW	B	0.0%
TTD	B	0.0%
MGM	D	0.0%
CLVT	F	0.0%

DEUS Underweight 247 Positions Relative to FNCL

Symbol	Grade	Weight
MS	A	-2.0%
COIN	C	-0.66%
SQ	B	-0.58%
HOOD	B	-0.21%
SOFI	A	-0.17%
AFRM	B	-0.16%
CG	A	-0.15%
ERIE	D	-0.13%
SSB	B	-0.1%
JXN	C	-0.09%
ONB	B	-0.09%
HLNE	B	-0.09%
GBCI	B	-0.08%
COOP	B	-0.08%
CADE	B	-0.08%
AGNC	D	-0.08%
RDN	C	-0.07%
FOUR	B	-0.07%
UBSI	B	-0.07%
UMBF	B	-0.07%
HOMB	A	-0.07%
LNC	B	-0.07%
SIGI	C	-0.07%
ESNT	D	-0.07%
PIPR	B	-0.07%
VLY	B	-0.06%
ABCB	B	-0.06%
KMPR	B	-0.06%
CNO	A	-0.06%
MC	C	-0.06%
SFBS	B	-0.06%
FFIN	B	-0.06%
UPST	B	-0.06%
HWC	B	-0.06%
WD	D	-0.05%
BGC	C	-0.05%
PJT	A	-0.05%
STEP	B	-0.05%
TCBI	B	-0.05%
ESGR	B	-0.05%
IBOC	A	-0.05%
ASB	B	-0.05%
AX	A	-0.05%
PFSI	D	-0.05%
VCTR	B	-0.04%
HTLF	B	-0.04%
INDB	B	-0.04%
GSHD	A	-0.04%
SFNC	B	-0.04%
BKU	A	-0.04%
BXMT	C	-0.04%
BOH	B	-0.04%
NMIH	D	-0.04%
WAFD	B	-0.04%
CVBF	A	-0.04%
HASI	D	-0.04%
PRK	B	-0.04%
GNW	A	-0.04%
APAM	B	-0.04%
FIBK	A	-0.04%
FHI	A	-0.04%
CBU	B	-0.04%
FBP	B	-0.04%
WSFS	A	-0.04%
AUB	B	-0.04%
EBC	B	-0.04%
CATY	B	-0.04%
FULT	A	-0.04%
UCB	A	-0.04%
BHF	B	-0.04%
SYBT	B	-0.03%
NATL	B	-0.03%
AGM	C	-0.03%
FBK	B	-0.03%
PRG	C	-0.03%
FRHC	B	-0.03%
TRMK	B	-0.03%
BANC	A	-0.03%
EVTC	B	-0.03%
DBRG	F	-0.03%
MCY	A	-0.03%
TFIN	A	-0.03%
RNST	B	-0.03%
NBTB	B	-0.03%
EFSC	B	-0.03%
WSBC	A	-0.03%
SBCF	A	-0.03%
IBTX	B	-0.03%
TBBK	B	-0.03%
FLYW	C	-0.03%
BANR	B	-0.03%
BANF	B	-0.03%
PPBI	B	-0.03%
OSCR	D	-0.03%
PFS	B	-0.03%
ABR	C	-0.03%
PLMR	B	-0.03%
TOWN	B	-0.03%
CNS	B	-0.03%
FRME	B	-0.03%
FFBC	A	-0.03%
PAYO	A	-0.03%
ENVA	B	-0.03%
SNEX	B	-0.03%
PMT	D	-0.02%
OCFC	B	-0.02%
SRCE	B	-0.02%
EIG	B	-0.02%
PEBO	A	-0.02%
ARI	C	-0.02%
BHLB	B	-0.02%
RC	D	-0.02%
ACT	D	-0.02%
GABC	B	-0.02%
WT	B	-0.02%
NAVI	C	-0.02%
WABC	B	-0.02%
NBHC	B	-0.02%
NNI	D	-0.02%
NIC	B	-0.02%
HTH	B	-0.02%
VBTX	B	-0.02%
CODI	B	-0.02%
TCBK	B	-0.02%
LOB	B	-0.02%
LADR	B	-0.02%
STBA	B	-0.02%
SPNT	A	-0.02%
MQ	F	-0.02%
QCRH	A	-0.02%
HOPE	B	-0.02%
CUBI	C	-0.02%
HMN	B	-0.02%
BUSE	B	-0.02%
CHCO	B	-0.02%
LMND	B	-0.02%
RKT	F	-0.02%
LC	A	-0.02%
SKWD	A	-0.02%
DFIN	D	-0.02%
LKFN	B	-0.02%
NWBI	B	-0.02%
SASR	B	-0.02%
TRUP	B	-0.02%
VRTS	B	-0.02%
FCF	A	-0.02%
FBNC	A	-0.02%
STC	B	-0.02%
CASH	A	-0.02%
OFG	B	-0.02%
CLBK	B	-0.01%
HONE	B	-0.01%
KRNY	B	-0.01%
CCBG	B	-0.01%
GDOT	D	-0.01%
PX	A	-0.01%
TRTX	B	-0.01%
GSBC	B	-0.01%
UFCS	B	-0.01%
HAFC	A	-0.01%
TREE	F	-0.01%
UWMC	D	-0.01%
NFBK	B	-0.01%
NRDS	C	-0.01%
BHB	B	-0.01%
SPFI	B	-0.01%
AMBC	C	-0.01%
TIPT	B	-0.01%
PGC	C	-0.01%
KREF	D	-0.01%
FMNB	B	-0.01%
TRST	A	-0.01%
MCB	B	-0.01%
EZPW	A	-0.01%
LPRO	C	-0.01%
FSBC	B	-0.01%
THFF	B	-0.01%
CTLP	B	-0.01%
MSBI	B	-0.01%
PAY	B	-0.01%
SMBC	B	-0.01%
UVE	B	-0.01%
IIIV	C	-0.01%
CAC	B	-0.01%
RBCAA	B	-0.01%
EQBK	A	-0.01%
BFH	B	-0.01%
RPAY	D	-0.01%
TFSL	A	-0.01%
IMXI	B	-0.01%
CPF	A	-0.01%
BFST	C	-0.01%
CASS	B	-0.01%
MCBS	B	-0.01%
AMTB	B	-0.01%
FG	B	-0.01%
CFFN	B	-0.01%
FCBC	B	-0.01%
HTBK	A	-0.01%
CMTG	F	-0.01%
PRA	C	-0.01%
PFBC	B	-0.01%
AMAL	B	-0.01%
OSBC	A	-0.01%
EGBN	B	-0.01%
FMBH	B	-0.01%
CCB	A	-0.01%
CFB	B	-0.01%
WASH	C	-0.01%
HFWA	B	-0.01%
TMP	B	-0.01%
PRAA	C	-0.01%
BFC	B	-0.01%
BHRB	B	-0.01%
HBNC	B	-0.01%
BRSP	B	-0.01%
MBIN	D	-0.01%
BSIG	A	-0.01%
DX	B	-0.01%
MBWM	B	-0.01%
RWT	D	-0.01%
BY	B	-0.01%
SBSI	B	-0.01%
OBK	B	-0.01%
ECPG	B	-0.01%
CNOB	B	-0.01%
EFC	C	-0.01%
CTBI	B	-0.01%
CNNE	B	-0.01%
HCI	C	-0.01%
IBCP	B	-0.01%
BRKL	B	-0.01%
FBMS	B	-0.01%
UVSP	B	-0.01%
FBRT	C	-0.01%
AMSF	B	-0.01%
PFC	A	-0.01%
DCOM	A	-0.01%
SAFT	C	-0.01%
AROW	B	-0.0%
RILY	F	-0.0%
GCBC	C	-0.0%
DGICA	A	-0.0%
DHIL	A	-0.0%
HGTY	B	-0.0%
HBT	B	-0.0%
WRLD	C	-0.0%