DFUV vs. FNCL ETF Comparison

Comparison of Dimensional US Marketwide Value ETF (DFUV) to Fidelity MSCI Financials Index ETF (FNCL)

DFUV

Dimensional US Marketwide Value ETF

DFUV Description

The investment seeks to achieve long-term capital appreciation. The US Marketwide Value ETF is designed to purchase a broad and diverse group of securities of U.S. companies that the Advisor determines to be value stocks. The Advisor considers companies of all market capitalizations for purchase by the Portfolio. The Portfolio may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

Grade (RS Rating)

Last Trade

$41.50

Average Daily Volume

343,161

Number of Holdings ^*

1291

* 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

$63.38

Average Daily Volume

86,685

Number of Holdings ^*

374

* may have additional holdings in another (foreign) market

Performance

Period	DFUV	FNCL
30 Days	0.07%	-0.92%
60 Days	5.62%	7.09%
90 Days	6.35%	8.75%
12 Months	25.34%	39.93%

235 Overlapping Holdings

Symbol	Grade	Weight in DFUV	Weight in FNCL	Overlap
ABCB	C	0.04%	0.05%	0.04%
ACGL	A	0.24%	0.58%	0.24%
ACT	C	0.01%	0.02%	0.01%
AFG	B	0.06%	0.14%	0.06%
AFL	A	0.39%	0.83%	0.39%
AGM	F	0.01%	0.02%	0.01%
AGM	F	0.0%	0.02%	0.0%
AGO	D	0.04%	0.06%	0.04%
AIG	F	0.36%	0.67%	0.36%
AIZ	A	0.08%	0.15%	0.08%
ALL	C	0.12%	0.68%	0.12%
ALLY	F	0.08%	0.13%	0.08%
AMAL	D	0.0%	0.01%	0.0%
AMBC	F	0.0%	0.01%	0.0%
AMG	C	0.04%	0.08%	0.04%
AMSF	B	0.0%	0.01%	0.0%
ASB	F	0.02%	0.05%	0.02%
AUB	D	0.02%	0.04%	0.02%
AX	D	0.03%	0.05%	0.03%
AXS	A	0.05%	0.09%	0.05%
BAC	D	1.37%	3.8%	1.37%
BANC	C	0.0%	0.03%	0.0%
BANF	D	0.02%	0.03%	0.02%
BANR	C	0.02%	0.03%	0.02%
BEN	F	0.02%	0.08%	0.02%
BHB	D	0.0%	0.01%	0.0%
BHF	F	0.01%	0.04%	0.01%
BHLB	D	0.01%	0.02%	0.01%
BK	C	0.37%	0.73%	0.37%
BKU	D	0.02%	0.04%	0.02%
BOH	F	0.01%	0.03%	0.01%
BOKF	D	0.05%	0.04%	0.04%
BPOP	D	0.06%	0.1%	0.06%
BRK.A	C	3.21%	8.31%	3.21%
BRKL	D	0.0%	0.01%	0.0%
BUSE	D	0.01%	0.02%	0.01%
BY	D	0.0%	0.01%	0.0%
C	B	0.6%	1.62%	0.6%
CACC	F	0.02%	0.04%	0.02%
CADE	D	0.04%	0.08%	0.04%
CASH	D	0.01%	0.02%	0.01%
CATY	D	0.02%	0.04%	0.02%
CB	A	0.55%	1.53%	0.55%
CBSH	D	0.01%	0.1%	0.01%
CBU	D	0.02%	0.04%	0.02%
CCBG	C	0.0%	0.01%	0.0%
CFFN	D	0.0%	0.01%	0.0%
CFG	D	0.09%	0.26%	0.09%
CFR	D	0.05%	0.09%	0.05%
CG	C	0.07%	0.14%	0.07%
CHCO	D	0.01%	0.02%	0.01%
CINF	A	0.12%	0.29%	0.12%
CLBK	F	0.0%	0.01%	0.0%
CMA	C	0.06%	0.11%	0.06%
CME	A	0.13%	1.08%	0.13%
CNO	C	0.04%	0.06%	0.04%
CNOB	C	0.01%	0.01%	0.01%
COF	C	0.35%	0.78%	0.35%
COLB	C	0.01%	0.08%	0.01%
CTBI	D	0.01%	0.01%	0.01%
CUBI	F	0.01%	0.02%	0.01%
CVBF	D	0.02%	0.03%	0.02%
DCOM	C	0.0%	0.01%	0.0%
DFS	C	0.26%	0.48%	0.26%
DGICA	B	0.0%	0.0%	0.0%
EBC	D	0.0%	0.04%	0.0%
ECPG	F	0.01%	0.01%	0.01%
EFSC	D	0.01%	0.03%	0.01%
EG	B	0.12%	0.24%	0.12%
EGBN	C	0.0%	0.01%	0.0%
EIG	B	0.01%	0.02%	0.01%
ENVA	C	0.02%	0.03%	0.02%
EQBK	C	0.0%	0.01%	0.0%
ESGR	D	0.03%	0.06%	0.03%
ESNT	C	0.05%	0.09%	0.05%
EWBC	D	0.09%	0.16%	0.09%
EZPW	D	0.01%	0.01%	0.01%
FAF	B	0.05%	0.09%	0.05%
FBK	D	0.02%	0.02%	0.02%
FBMS	C	0.0%	0.01%	0.0%
FBNC	D	0.01%	0.02%	0.01%
FBP	D	0.03%	0.05%	0.03%
FCF	D	0.01%	0.02%	0.01%
FCNCA	D	0.21%	0.26%	0.21%
FFBC	D	0.02%	0.03%	0.02%
FG	C	0.0%	0.01%	0.0%
FHB	D	0.02%	0.04%	0.02%
FHI	C	0.01%	0.04%	0.01%
FHN	D	0.05%	0.12%	0.05%
FIBK	D	0.02%	0.04%	0.02%
FIS	C	0.31%	0.64%	0.31%
FITB	C	0.19%	0.41%	0.19%
FMBH	D	0.0%	0.01%	0.0%
FNB	D	0.04%	0.07%	0.04%
FNF	A	0.11%	0.21%	0.11%
FRME	D	0.02%	0.03%	0.02%
FULT	D	0.02%	0.04%	0.02%
GABC	D	0.0%	0.02%	0.0%
GBCI	D	0.04%	0.07%	0.04%
GL	C	0.03%	0.14%	0.03%
GNW	C	0.02%	0.04%	0.02%
GPN	F	0.09%	0.36%	0.09%
GS	D	0.94%	2.21%	0.94%
GSBC	D	0.0%	0.01%	0.0%
HBAN	C	0.13%	0.29%	0.13%
HIG	A	0.3%	0.48%	0.3%
HMN	C	0.01%	0.02%	0.01%
HOMB	D	0.04%	0.07%	0.04%
HOOD	C	0.04%	0.17%	0.04%
HOPE	D	0.01%	0.02%	0.01%
HTH	D	0.01%	0.02%	0.01%
HTLF	C	0.02%	0.03%	0.02%
HWC	D	0.03%	0.06%	0.03%
IBOC	D	0.03%	0.05%	0.03%
IBTX	D	0.01%	0.03%	0.01%
ICE	A	0.11%	1.25%	0.11%
INDB	D	0.01%	0.03%	0.01%
IVZ	C	0.02%	0.08%	0.02%
JEF	B	0.07%	0.14%	0.07%
JHG	C	0.05%	0.07%	0.05%
JPM	D	4.44%	8.29%	4.44%
JXN	B	0.06%	0.09%	0.06%
KEY	C	0.1%	0.22%	0.1%
KMPR	D	0.02%	0.05%	0.02%
L	D	0.12%	0.21%	0.12%
LC	D	0.0%	0.02%	0.0%
LOB	C	0.01%	0.02%	0.01%
MBIN	D	0.01%	0.01%	0.01%
MBWM	D	0.0%	0.01%	0.0%
MCY	B	0.01%	0.02%	0.01%
MET	A	0.37%	0.69%	0.37%
MKL	B	0.13%	0.28%	0.13%
MS	B	0.77%	1.74%	0.77%
MTB	C	0.17%	0.4%	0.17%
MTG	B	0.06%	0.09%	0.06%
NATL	D	0.01%	0.03%	0.01%
NAVI	D	0.01%	0.02%	0.01%
NBHC	D	0.01%	0.02%	0.01%
NBTB	D	0.01%	0.03%	0.01%
NFBK	D	0.0%	0.01%	0.0%
NIC	D	0.01%	0.02%	0.01%
NMIH	C	0.02%	0.05%	0.02%
NNI	C	0.02%	0.02%	0.02%
NTRS	C	0.11%	0.25%	0.11%
NWBI	D	0.01%	0.02%	0.01%
OBK	F	0.0%	0.01%	0.0%
OCFC	C	0.0%	0.02%	0.0%
OFG	D	0.02%	0.03%	0.02%
OMF	D	0.04%	0.08%	0.04%
ONB	D	0.04%	0.08%	0.04%
ORI	A	0.07%	0.13%	0.07%
OZK	F	0.04%	0.06%	0.04%
PB	D	0.04%	0.09%	0.04%
PEBO	D	0.01%	0.01%	0.01%
PFBC	D	0.01%	0.01%	0.01%
PFC	D	0.0%	0.01%	0.0%
PFG	C	0.14%	0.27%	0.14%
PFS	D	0.01%	0.03%	0.01%
PFSI	C	0.04%	0.07%	0.04%
PNC	C	0.35%	1.0%	0.35%
PNFP	D	0.05%	0.1%	0.05%
PPBI	D	0.01%	0.03%	0.01%
PRA	C	0.0%	0.01%	0.0%
PRG	C	0.02%	0.03%	0.02%
PRK	D	0.01%	0.04%	0.01%
PRU	C	0.24%	0.6%	0.24%
QCRH	D	0.0%	0.02%	0.0%
RDN	D	0.05%	0.07%	0.05%
RF	C	0.18%	0.29%	0.18%
RGA	C	0.09%	0.2%	0.09%
RJF	B	0.13%	0.33%	0.13%
RNR	A	0.06%	0.2%	0.06%
RNST	D	0.01%	0.03%	0.01%
RPAY	F	0.0%	0.01%	0.0%
SAFT	D	0.01%	0.02%	0.01%
SASR	C	0.01%	0.02%	0.01%
SBCF	D	0.01%	0.03%	0.01%
SBSI	D	0.0%	0.01%	0.0%
SF	A	0.07%	0.13%	0.07%
SFBS	D	0.0%	0.06%	0.0%
SFNC	C	0.02%	0.04%	0.02%
SIGI	D	0.03%	0.08%	0.03%
SKWD	B	0.0%	0.02%	0.0%
SLM	C	0.02%	0.06%	0.02%
SNEX	C	0.01%	0.03%	0.01%
SNV	D	0.05%	0.09%	0.05%
SOFI	C	0.02%	0.11%	0.02%
SPNT	D	0.0%	0.02%	0.0%
SQ	D	0.12%	0.51%	0.12%
SRCE	D	0.02%	0.01%	0.01%
SSB	C	0.05%	0.1%	0.05%
STBA	D	0.01%	0.02%	0.01%
STC	C	0.02%	0.03%	0.02%
STT	C	0.15%	0.36%	0.15%
SYBT	C	0.01%	0.02%	0.01%
SYF	C	0.18%	0.27%	0.18%
TBBK	C	0.01%	0.03%	0.01%
TCBI	C	0.03%	0.04%	0.03%
TCBK	D	0.01%	0.02%	0.01%
TFC	D	0.26%	0.78%	0.26%
TFSL	D	0.01%	0.01%	0.01%
THFF	D	0.0%	0.01%	0.0%
THG	A	0.02%	0.07%	0.02%
TIPT	C	0.01%	0.01%	0.01%
TMP	D	0.0%	0.01%	0.0%
TOWN	D	0.02%	0.03%	0.02%
TRMK	D	0.01%	0.02%	0.01%
TROW	D	0.05%	0.34%	0.05%
TRV	C	0.33%	0.74%	0.33%
UBSI	D	0.04%	0.07%	0.04%
UCBI	C	0.03%	0.04%	0.03%
UMBF	C	0.03%	0.07%	0.03%
UNM	A	0.09%	0.13%	0.09%
USB	C	0.34%	0.97%	0.34%
UVSP	D	0.01%	0.01%	0.01%
VBTX	C	0.01%	0.02%	0.01%
VCTR	C	0.02%	0.03%	0.02%
VIRT	C	0.02%	0.04%	0.02%
VLY	C	0.01%	0.05%	0.01%
VOYA	A	0.05%	0.11%	0.05%
VRTS	F	0.01%	0.02%	0.01%
WABC	F	0.01%	0.02%	0.01%
WAFD	D	0.02%	0.04%	0.02%
WAL	C	0.07%	0.12%	0.07%
WBS	D	0.04%	0.11%	0.04%
WD	C	0.03%	0.05%	0.03%
WFC	D	0.94%	2.67%	0.94%
WRB	B	0.06%	0.24%	0.06%
WRLD	D	0.0%	0.01%	0.0%
WSBC	D	0.01%	0.02%	0.01%
WSFS	D	0.02%	0.04%	0.02%
WTFC	C	0.05%	0.1%	0.05%
WTM	D	0.02%	0.06%	0.02%
WTW	A	0.07%	0.41%	0.07%
ZION	D	0.05%	0.1%	0.05%

DFUV Overweight 1056 Positions Relative to FNCL

Symbol	Grade	Weight
XOM	B	3.9%
CVX	D	1.91%
CMCSA	B	1.42%
CSCO	A	1.35%
VZ	A	1.31%
TMO	C	1.2%
T	A	1.18%
ABT	C	1.11%
COP	D	1.09%
CRM	C	1.05%
ELV	F	1.02%
DHR	B	0.96%
AMD	D	0.84%
TMUS	A	0.83%
CI	C	0.83%
PFE	D	0.81%
MDLZ	C	0.78%
LIN	B	0.7%
GILD	A	0.7%
MDT	A	0.69%
CVS	D	0.69%
RTX	A	0.68%
DIS	D	0.63%
ADI	C	0.6%
DE	A	0.58%
MPC	F	0.55%
REGN	D	0.51%
FDX	D	0.51%
DHI	B	0.51%
MU	D	0.51%
GM	D	0.49%
EOG	D	0.48%
NSC	B	0.46%
PSX	F	0.46%
FCX	B	0.45%
GD	A	0.42%
ETN	C	0.42%
VLO	F	0.42%
BDX	B	0.42%
NOC	B	0.36%
GLW	C	0.34%
PCAR	D	0.34%
WMB	A	0.33%
APD	C	0.33%
NUE	D	0.32%
TEL	D	0.32%
TGT	C	0.3%
CMI	B	0.3%
LEN	B	0.3%
CTSH	C	0.3%
KR	B	0.3%
SLB	F	0.29%
DOW	B	0.28%
PHM	A	0.28%
JCI	B	0.28%
CSX	D	0.28%
INTC	D	0.28%
KMI	A	0.27%
LHX	A	0.26%
JNJ	C	0.26%
MLM	D	0.26%
BSX	A	0.26%
FANG	F	0.26%
ROP	C	0.26%
LYB	D	0.25%
MRVL	C	0.24%
HUM	F	0.24%
STZ	B	0.24%
DAL	B	0.24%
BMY	B	0.24%
F	D	0.24%
EBAY	A	0.24%
VMC	D	0.23%
BKR	B	0.23%
IR	B	0.23%
OXY	F	0.23%
NEM	C	0.22%
CBRE	A	0.22%
CNC	F	0.21%
WAB	A	0.2%
GIS	B	0.2%
URI	B	0.2%
GEHC	B	0.2%
CARR	C	0.2%
EMR	B	0.2%
PH	B	0.19%
ADM	D	0.19%
KDP	C	0.19%
STLD	C	0.19%
AME	D	0.18%
GRMN	D	0.18%
DVN	F	0.18%
HPE	C	0.18%
CTVA	B	0.17%
FTV	B	0.17%
RSG	D	0.16%
PWR	B	0.16%
DOV	C	0.16%
DD	B	0.16%
MMM	B	0.16%
HAL	F	0.15%
RS	D	0.15%
BLDR	B	0.15%
EA	D	0.15%
GEV	A	0.15%
TTWO	F	0.15%
KHC	B	0.15%
UAL	B	0.14%
MNST	D	0.14%
CTRA	D	0.14%
PKG	A	0.14%
OC	B	0.14%
TOL	A	0.14%
PPG	D	0.14%
TRU	C	0.14%
SSNC	C	0.14%
LDOS	A	0.14%
XYL	B	0.14%
WDC	C	0.13%
MRO	D	0.13%
FSLR	C	0.13%
USFD	C	0.13%
KVUE	C	0.13%
UHAL	A	0.13%
ON	F	0.13%
DGX	C	0.13%
CF	A	0.13%
SNA	B	0.12%
SWKS	F	0.12%
EQT	C	0.12%
FLEX	B	0.12%
TDY	B	0.12%
J	D	0.12%
UHS	D	0.12%
STE	D	0.12%
ZBH	F	0.12%
PNR	A	0.12%
TXT	D	0.11%
ITT	B	0.11%
CW	A	0.11%
BIIB	F	0.11%
AVTR	D	0.11%
CE	D	0.11%
BG	D	0.11%
AKAM	D	0.11%
AMCR	A	0.11%
IP	B	0.11%
UTHR	B	0.11%
IFF	C	0.11%
CSGP	F	0.11%
SWK	A	0.1%
LUV	C	0.1%
CACI	A	0.1%
HOLX	D	0.1%
FFIV	C	0.1%
EMN	B	0.1%
MKC	B	0.1%
BALL	B	0.1%
CPB	D	0.1%
CASY	D	0.1%
SJM	B	0.09%
EME	C	0.09%
NWSA	D	0.09%
FTI	B	0.09%
CCK	A	0.09%
DOX	B	0.09%
NRG	A	0.09%
NVT	D	0.09%
OKE	C	0.09%
CAG	B	0.09%
PFGC	B	0.09%
TSN	D	0.09%
DLTR	F	0.08%
SW	B	0.08%
LAD	B	0.08%
LKQ	F	0.08%
JNPR	C	0.08%
WCC	C	0.08%
KMX	D	0.08%
CSL	A	0.08%
INGR	A	0.08%
ARMK	B	0.08%
ATR	A	0.08%
HII	D	0.08%
SKX	C	0.08%
VTRS	D	0.08%
COHR	B	0.08%
CCL	C	0.08%
DDS	D	0.08%
ZBRA	C	0.08%
POST	B	0.07%
PAG	D	0.07%
HAS	A	0.07%
CRS	B	0.07%
TAP	D	0.07%
RRX	C	0.07%
ARW	C	0.07%
AN	B	0.07%
MLI	B	0.07%
TFX	B	0.07%
X	F	0.07%
CRBG	C	0.07%
FYBR	C	0.07%
MGM	D	0.07%
BERY	C	0.07%
LPX	A	0.07%
MRNA	F	0.07%
MTZ	C	0.07%
GPK	B	0.07%
UFPI	B	0.07%
CRL	F	0.07%
TPR	B	0.07%
ZM	B	0.07%
SNX	C	0.07%
CHTR	D	0.07%
JLL	B	0.07%
EHC	B	0.07%
CHK	C	0.07%
TRMB	B	0.07%
IPG	C	0.07%
AYI	A	0.07%
ESI	B	0.06%
OSK	F	0.06%
TWLO	C	0.06%
BMRN	F	0.06%
G	A	0.06%
SAIC	B	0.06%
AM	A	0.06%
APTV	D	0.06%
RRC	D	0.06%
RL	B	0.06%
GNTX	F	0.06%
APG	F	0.06%
GPC	D	0.06%
AXTA	C	0.06%
CIEN	B	0.06%
CLH	C	0.06%
TMHC	B	0.06%
FLS	B	0.06%
AMKR	F	0.06%
RGLD	C	0.06%
MIDD	D	0.06%
GNRC	B	0.06%
GAP	F	0.06%
PSN	A	0.06%
SMCI	F	0.06%
FOXA	A	0.06%
BWA	C	0.06%
AGCO	D	0.06%
DTM	A	0.06%
QRVO	F	0.06%
R	C	0.06%
WWD	B	0.06%
CRUS	D	0.06%
MHK	B	0.06%
OKTA	F	0.06%
BAX	D	0.06%
KEX	C	0.06%
AIT	A	0.06%
HRL	F	0.06%
BLD	C	0.06%
ALV	F	0.06%
NSIT	C	0.06%
WLK	B	0.06%
MOH	D	0.06%
Z	C	0.06%
ALB	D	0.06%
ENSG	D	0.06%
SRCL	B	0.05%
OVV	F	0.05%
GATX	D	0.05%
EXEL	C	0.05%
TKR	B	0.05%
KEYS	C	0.05%
MATX	B	0.05%
AR	C	0.05%
SSD	C	0.05%
WBD	D	0.05%
CZR	C	0.05%
LFUS	C	0.05%
ENTG	D	0.05%
WMT	A	0.05%
MMS	A	0.05%
BC	C	0.05%
CBT	B	0.05%
LBRDK	C	0.05%
RBC	B	0.05%
BOOT	B	0.05%
GXO	D	0.05%
TKO	C	0.05%
HES	D	0.05%
GPI	C	0.05%
ESAB	C	0.05%
MTDR	F	0.05%
ZWS	A	0.05%
COTY	F	0.05%
MAT	C	0.05%
MTH	B	0.05%
LEA	F	0.05%
ACHC	F	0.05%
CMC	C	0.05%
DAR	F	0.05%
CTLT	B	0.05%
NXST	D	0.05%
ACI	F	0.05%
KNX	C	0.05%
FCN	B	0.05%
SWN	C	0.05%
BCC	B	0.05%
DINO	F	0.05%
MOG.A	B	0.05%
KFY	C	0.04%
MGY	C	0.04%
HRI	B	0.04%
AVNT	B	0.04%
FLO	C	0.04%
MSM	D	0.04%
H	C	0.04%
ITRI	C	0.04%
AVT	B	0.04%
BDC	B	0.04%
SITE	D	0.04%
CHRD	F	0.04%
ABG	D	0.04%
ICLR	F	0.04%
CPRI	C	0.04%
ENS	C	0.04%
SIG	C	0.04%
ANF	D	0.04%
SM	F	0.04%
FELE	B	0.04%
HUN	B	0.04%
HQY	B	0.04%
NYT	B	0.04%
ALSN	A	0.04%
COLM	B	0.04%
SEM	D	0.04%
PVH	F	0.04%
REYN	C	0.04%
SN	B	0.04%
SUM	D	0.04%
ITGR	C	0.04%
IEX	D	0.04%
ASGN	D	0.04%
SKY	A	0.04%
SOLV	D	0.04%
AL	D	0.04%
ASH	F	0.04%
CNX	A	0.04%
FUL	F	0.04%
OPCH	D	0.04%
SLGN	A	0.04%
KNF	C	0.04%
MUR	F	0.04%
BECN	F	0.04%
ACIW	A	0.04%
MHO	A	0.04%
ALK	B	0.04%
ACA	C	0.04%
SON	D	0.04%
ATI	B	0.04%
INCY	B	0.04%
JAZZ	F	0.04%
THO	C	0.04%
HSIC	C	0.04%
OLN	D	0.04%
MDU	C	0.04%
FLR	D	0.04%
DY	C	0.04%
GLOB	D	0.04%
SEB	D	0.03%
BTU	B	0.03%
ATGE	C	0.03%
LBRT	F	0.03%
PRIM	C	0.03%
CALM	A	0.03%
TRN	C	0.03%
NVST	D	0.03%
JBHT	D	0.03%
FOX	A	0.03%
ONTO	C	0.03%
HAE	D	0.03%
MWA	B	0.03%
KTOS	A	0.03%
KD	F	0.03%
UNF	B	0.03%
MKSI	F	0.03%
AROC	C	0.03%
DXC	D	0.03%
DORM	C	0.03%
SXT	C	0.03%
MAN	D	0.03%
AEIS	D	0.03%
PPC	A	0.03%
URBN	F	0.03%
SMPL	D	0.03%
NWS	D	0.03%
CRC	B	0.03%
CBZ	F	0.03%
FN	C	0.03%
CVCO	A	0.03%
JWN	D	0.03%
SHOO	A	0.03%
CHX	F	0.03%
GVA	B	0.03%
TEX	F	0.03%
PBF	F	0.03%
SLVM	C	0.03%
GHC	B	0.03%
ICFI	C	0.03%
STNG	D	0.03%
HGV	F	0.03%
SANM	D	0.03%
ESE	B	0.03%
GMS	D	0.03%
THC	C	0.03%
KAI	C	0.03%
ABM	D	0.03%
SKYW	B	0.03%
LRN	C	0.03%
CNXC	F	0.03%
GOLF	F	0.03%
NOV	F	0.03%
BRC	C	0.03%
OLLI	C	0.03%
CLF	D	0.03%
M	F	0.03%
WTS	B	0.03%
AEO	C	0.03%
ELAN	D	0.03%
ORA	B	0.03%
GTES	C	0.03%
NOG	D	0.03%
HXL	F	0.03%
CR	C	0.03%
OMC	A	0.03%
ASO	D	0.03%
KBR	D	0.03%
PLXS	B	0.03%
CORT	B	0.03%
COKE	B	0.03%
VMI	B	0.03%
TPH	B	0.03%
NJR	C	0.03%
RCM	B	0.02%
TTMI	D	0.02%
ADUS	C	0.02%
CALX	C	0.02%
MYRG	F	0.02%
B	D	0.02%
OII	D	0.02%
THS	C	0.02%
ROAD	C	0.02%
NTB	D	0.02%
S	D	0.02%
BHE	C	0.02%
LEN	B	0.02%
TROX	D	0.02%
RUSHB	C	0.02%
CRI	D	0.02%
AZZ	C	0.02%
LZB	C	0.02%
HRMY	B	0.02%
ST	F	0.02%
BKE	C	0.02%
MMSI	C	0.02%
FL	F	0.02%
STRA	F	0.02%
PHIN	D	0.02%
CNMD	D	0.02%
ADTN	C	0.02%
ZI	D	0.02%
KMT	C	0.02%
LBRDA	C	0.02%
ZG	C	0.02%
JBT	B	0.02%
WHD	B	0.02%
CNXN	C	0.02%
YELP	F	0.02%
ROKU	D	0.02%
PBH	D	0.02%
EXAS	C	0.02%
BRBR	B	0.02%
WOR	F	0.02%
HNI	B	0.02%
ALIT	D	0.02%
MTRN	F	0.02%
ARCH	D	0.02%
LIVN	D	0.02%
LAUR	C	0.02%
CIVI	F	0.02%
INSW	C	0.02%
LGIH	C	0.02%
TDS	B	0.02%
WERN	D	0.02%
SNDR	C	0.02%
WHR	C	0.02%
UNH	B	0.02%
ROCK	D	0.02%
JJSF	A	0.02%
AIR	D	0.02%
SXI	B	0.02%
SAIA	D	0.02%
BIO	B	0.02%
ALG	D	0.02%
ARCB	D	0.02%
PR	F	0.02%
RHI	D	0.02%
ACM	B	0.02%
HURN	C	0.02%
PSMT	B	0.02%
VSH	F	0.02%
CPA	D	0.02%
TDW	F	0.02%
DG	F	0.02%
NPO	C	0.02%
STRL	C	0.02%
OSIS	B	0.02%
RUSHA	C	0.02%
FA	A	0.02%
AIN	D	0.02%
CWK	C	0.02%
CDE	C	0.02%
MGRC	D	0.02%
RGEN	F	0.02%
MTX	D	0.02%
AZEK	B	0.02%
REZI	F	0.02%
IDCC	A	0.02%
HHH	B	0.02%
LCII	B	0.02%
KWR	D	0.02%
ILMN	C	0.02%
EPAM	F	0.02%
CEIX	B	0.02%
TGNA	B	0.02%
HOG	C	0.02%
GFS	F	0.02%
HAYW	B	0.02%
IOSP	F	0.02%
PATK	B	0.02%
DNB	D	0.02%
HUBG	D	0.02%
TGLS	A	0.02%
DLB	D	0.02%
FSS	B	0.02%
LITE	C	0.02%
PLUS	C	0.02%
AMR	F	0.02%
KBH	C	0.02%
HP	F	0.02%
DIOD	F	0.02%
CCS	C	0.02%
SXC	F	0.01%
TK	B	0.01%
AXL	F	0.01%
OMI	F	0.01%
UTI	D	0.01%
TALO	F	0.01%
BELFB	B	0.01%
HAYN	B	0.01%
HY	F	0.01%
MOS	F	0.01%
NAT	D	0.01%
NEU	F	0.01%
ATEN	C	0.01%
SLAB	D	0.01%
BV	B	0.01%
DSGR	B	0.01%
VVV	D	0.01%
SWBI	F	0.01%
NTCT	C	0.01%
GT	F	0.01%
WNC	F	0.01%
DFH	C	0.01%
KAR	D	0.01%
BJRI	D	0.01%
EBF	B	0.01%
REX	D	0.01%
CENT	F	0.01%
CRAI	B	0.01%
USPH	F	0.01%
PII	D	0.01%
JBSS	F	0.01%
BKD	D	0.01%
IAS	F	0.01%
ASTE	F	0.01%
CROX	C	0.01%
SCHL	D	0.01%
NABL	F	0.01%
HSII	B	0.01%
PETQ	A	0.01%
TRS	D	0.01%
SAM	D	0.01%
GRC	B	0.01%
JBLU	B	0.01%
AVNS	C	0.01%
RVLV	C	0.01%
ETH	D	0.01%
INFA	D	0.01%
MLR	D	0.01%
AMRK	B	0.01%
CABO	F	0.01%
BXC	D	0.01%
AOSL	D	0.01%
DXPE	B	0.01%
SPTN	B	0.01%
YETI	D	0.01%
THR	F	0.01%
PUMP	F	0.01%
CMCO	D	0.01%
SSTK	F	0.01%
COHU	F	0.01%
CRGY	D	0.01%
SPNS	C	0.01%
SMP	D	0.01%
MMI	C	0.01%
DCO	B	0.01%
MRC	D	0.01%
NX	F	0.01%
VAL	F	0.01%
UHAL	A	0.01%
CENX	C	0.01%
PLYA	D	0.01%
ADNT	D	0.01%
PRGO	F	0.01%
VAC	D	0.01%
SUPN	D	0.01%
IMKTA	F	0.01%
JBI	F	0.01%
ALKS	C	0.01%
DV	F	0.01%
DGII	D	0.01%
WLFC	B	0.01%
ANIP	D	0.01%
WTTR	D	0.01%
CAL	F	0.01%
RES	D	0.01%
CARS	F	0.01%
SCSC	D	0.01%
GIII	C	0.01%
INVA	B	0.01%
SWI	C	0.01%
SCS	D	0.01%
OI	D	0.01%
KN	D	0.01%
PDCO	F	0.01%
KSS	D	0.01%
ATKR	F	0.01%
FTRE	F	0.01%
GES	F	0.01%
CPRX	C	0.01%
DNUT	D	0.01%
DK	F	0.01%
XPRO	F	0.01%
NVEE	F	0.01%
LNN	B	0.01%
LTH	C	0.01%
APA	F	0.01%
VSEC	D	0.01%
NDSN	B	0.01%
DVAX	D	0.01%
AZTA	F	0.01%
ODP	F	0.01%
UVV	C	0.01%
MGNI	D	0.01%
PINC	F	0.01%
VSTO	D	0.01%
OXM	F	0.01%
DAN	F	0.01%
SGRY	C	0.01%
UA	B	0.01%
CARG	C	0.01%
DNOW	F	0.01%
LPG	F	0.01%
KLIC	D	0.01%
WMK	D	0.01%
GMED	D	0.01%
AMWD	C	0.01%
FDP	B	0.01%
UAA	B	0.01%
VIAV	C	0.01%
SCVL	C	0.01%
NMRK	B	0.01%
THRM	F	0.01%
SAH	D	0.01%
WS	D	0.01%
SFL	D	0.01%
HLX	D	0.01%
AGX	B	0.01%
FOR	D	0.01%
SYNA	F	0.01%
PRFT	A	0.01%
VRNT	F	0.01%
CRK	C	0.01%
AA	C	0.01%
JBL	D	0.01%
GBX	C	0.01%
EW	F	0.01%
HWKN	A	0.01%
GEF	C	0.01%
HELE	D	0.01%
ENOV	F	0.01%
USLM	C	0.01%
TNC	F	0.01%
OSW	C	0.01%
DAY	C	0.01%
MRTN	D	0.01%
TNK	D	0.01%
MTCH	C	0.01%
CHEF	B	0.01%
HI	F	0.01%
PRDO	D	0.01%
LGND	D	0.01%
SCL	D	0.01%
IESC	B	0.01%
CTS	D	0.01%
HEES	D	0.01%
UCTT	D	0.01%
VECO	F	0.01%
SPB	B	0.01%
WGO	D	0.01%
CMRE	C	0.01%
MLKN	F	0.01%
MIR	B	0.01%
ANDE	D	0.01%
AAP	F	0.01%
APOG	B	0.01%
PLAB	D	0.01%
DHT	B	0.01%
CENTA	F	0.01%
NHC	D	0.01%
GPOR	B	0.01%
HL	C	0.01%
LILAK	D	0.01%
KALU	D	0.01%
LEVI	B	0.01%
EPC	F	0.01%
CXM	F	0.0%
BH	F	0.0%
CLB	D	0.0%
SATS	C	0.0%
FRST	D	0.0%
CNM	F	0.0%
ESCA	D	0.0%
TR	D	0.0%
TWKS	C	0.0%
STAA	D	0.0%
ORRF	C	0.0%
NVRI	D	0.0%
IDT	C	0.0%
GIC	D	0.0%
EDR	A	0.0%
AESI	C	0.0%
GSIT	C	0.0%
PEBK	F	0.0%
RVSB	C	0.0%
RMBS	F	0.0%
EGY	D	0.0%
ENV	C	0.0%
RDI	D	0.0%
TECH	B	0.0%
MRBK	B	0.0%
CVR	C	0.0%
MBCN	C	0.0%
MVBF	F	0.0%
NATR	F	0.0%
ENLC	A	0.0%
CHMG	C	0.0%
CIX	C	0.0%
THRY	F	0.0%
SSYS	D	0.0%
METC	D	0.0%
SONO	D	0.0%
WSC	D	0.0%
MASI	C	0.0%
SENEB	C	0.0%
DRVN	C	0.0%
ICUI	B	0.0%
IPAR	D	0.0%
BYD	C	0.0%
LANC	F	0.0%
WFRD	F	0.0%
SIF	C	0.0%
BDL	D	0.0%
RXO	D	0.0%
SBFG	B	0.0%
LOPE	D	0.0%
CLW	F	0.0%
AWRE	F	0.0%
ALCO	D	0.0%
OCC	F	0.0%
GRNT	F	0.0%
GEF	C	0.0%
NGVC	B	0.0%
CAKE	B	0.0%
CPIX	F	0.0%
INST	C	0.0%
ULBI	F	0.0%
HBCP	D	0.0%
BLMN	F	0.0%
ADV	F	0.0%
BRKR	D	0.0%
ECVT	F	0.0%
SPWH	D	0.0%
VNT	F	0.0%
FUNC	C	0.0%
ESP	B	0.0%
FBIZ	C	0.0%
BSET	C	0.0%
ACU	F	0.0%
TASK	F	0.0%
FRD	D	0.0%
VC	F	0.0%
NVR	A	0.0%
TTC	D	0.0%
MEG	F	0.0%
XRAY	D	0.0%
PLPC	D	0.0%
BBY	B	0.0%
CPHC	F	0.0%
AMRX	A	0.0%
KEQU	F	0.0%
SSP	F	0.0%
CULP	B	0.0%
CSPI	F	0.0%
ATLC	C	0.0%
KOP	F	0.0%
PROV	C	0.0%
CDRE	B	0.0%
VLGEA	C	0.0%
HTLD	F	0.0%
BGS	D	0.0%
VICR	C	0.0%
CHUY	B	0.0%
EVBN	C	0.0%
VSTS	D	0.0%
LARK	C	0.0%
CERT	F	0.0%
STRS	D	0.0%
RCUS	F	0.0%
NTIC	F	0.0%
UBFO	B	0.0%
ALOT	F	0.0%
RCMT	D	0.0%
ASRV	C	0.0%
TWIN	F	0.0%
USNA	F	0.0%
FEIM	D	0.0%
FLXS	C	0.0%
HMNF	B	0.0%
NC	F	0.0%
NPK	F	0.0%
KTCC	C	0.0%
CTRN	D	0.0%
EPM	C	0.0%
GSM	D	0.0%
PUBM	F	0.0%
SEG	D	0.0%
RELL	C	0.0%
ETWO	D	0.0%
MPAA	C	0.0%
CIFR	F	0.0%
ASTH	B	0.0%
SGH	F	0.0%
PPIH	B	0.0%
LCUT	F	0.0%
NAPA	F	0.0%
ATNI	C	0.0%
GTLS	F	0.0%
KOS	F	0.0%
WNEB	C	0.0%
SGA	F	0.0%
TSBK	D	0.0%
SMHI	F	0.0%
PRLB	F	0.0%
UNTY	C	0.0%
AHCO	B	0.0%
PKE	F	0.0%
MXL	F	0.0%
AVNW	F	0.0%
ULH	C	0.0%
HURC	C	0.0%
USM	C	0.0%
MERC	D	0.0%
LMNR	C	0.0%
TWI	D	0.0%
SPOK	D	0.0%
HCSG	D	0.0%
AE	C	0.0%
FMC	B	0.0%
CZWI	A	0.0%
TCMD	C	0.0%
IGT	F	0.0%
LOVE	B	0.0%
EPAC	C	0.0%
PARA	F	0.0%
OPY	D	0.0%
ESSA	C	0.0%
ANIK	F	0.0%
TTEC	D	0.0%
FLWS	F	0.0%
ARKO	C	0.0%
CMT	F	0.0%
VIRC	D	0.0%
GDEN	D	0.0%
GCO	F	0.0%
RDUS	D	0.0%
MRCY	C	0.0%
MNRO	C	0.0%
UTZ	B	0.0%
LAKE	D	0.0%
LXU	D	0.0%
ATSG	C	0.0%
INBK	D	0.0%
FND	B	0.0%
RAMP	F	0.0%
GTN	D	0.0%
RGP	F	0.0%
TRIP	F	0.0%
BBSI	A	0.0%
NGS	D	0.0%
BFIN	C	0.0%
HOFT	D	0.0%
STRT	B	0.0%
CGNX	F	0.0%
PRM	B	0.0%
CLVT	D	0.0%
MODG	F	0.0%
CVGW	B	0.0%
BZH	B	0.0%
HSTM	B	0.0%
TILE	B	0.0%
SRI	F	0.0%
CTOS	F	0.0%
AMN	F	0.0%
TTI	D	0.0%
SHEN	F	0.0%
CECO	D	0.0%
NWPX	B	0.0%
MCRI	B	0.0%
ALGN	D	0.0%
DBRG	D	0.0%
CPSS	C	0.0%
PLAY	D	0.0%
ZUMZ	D	0.0%
HAIN	C	0.0%
SGC	F	0.0%
RCKY	C	0.0%
UFI	C	0.0%
DOLE	C	0.0%
ITIC	C	0.0%
LYTS	B	0.0%
NEOG	D	0.0%
JOUT	F	0.0%
PWSC	C	0.0%
USAP	B	0.0%
GPRE	F	0.0%
MEI	D	0.0%
GENC	D	0.0%
RLGT	C	0.0%
NBR	F	0.0%
DAKT	D	0.0%
OEC	F	0.0%
MCW	F	0.0%
CVI	F	0.0%
PCVX	B	0.0%
REVG	D	0.0%
MITK	F	0.0%
IPGP	D	0.0%
GRBK	B	0.0%
RYAM	B	0.0%
EML	B	0.0%
ASC	D	0.0%
HBB	B	0.0%
BRY	F	0.0%
TITN	F	0.0%
CSGS	C	0.0%
MYE	F	0.0%
MOV	F	0.0%
VREX	F	0.0%
VPG	F	0.0%
MCS	B	0.0%
ALGT	D	0.0%
HCC	D	0.0%
ARCT	D	0.0%
MOFG	D	0.0%
ODC	C	0.0%
AMED	D	0.0%
VSCO	C	0.0%
FIGS	C	0.0%
SHBI	D	0.0%
HLIO	C	0.0%
PRGS	B	0.0%
NGVT	D	0.0%
BELFA	A	0.0%
ZIMV	F	0.0%
VTOL	D	0.0%
MLNK	F	0.0%
MATW	F	0.0%
ZD	D	0.0%
ZEUS	F	0.0%
GDRX	F	0.0%
PTVE	D	0.0%
PTSI	F	0.0%
FISI	C	0.0%
SENEA	C	0.0%
XRX	F	0.0%
GNK	C	0.0%
NRIM	C	0.0%
COLL	B	0.0%
SHYF	D	0.0%
VFC	B	0.0%
KE	F	0.0%
PLOW	C	0.0%
HBI	B	0.0%
DLX	F	0.0%
SBH	B	0.0%
AMPH	C	0.0%
RIVN	F	0.0%
WSBF	D	0.0%
RICK	F	0.0%
FWRG	F	0.0%
RYI	F	0.0%
ICHR	F	0.0%
LMB	C	0.0%
FORM	F	0.0%
SRCL	B	0.0%
BBW	B	0.0%
ASIX	B	0.0%
MGPI	D	0.0%
NBIX	F	0.0%
CCRN	F	0.0%
ACLS	F	0.0%
LW	D	0.0%
VLTO	C	0.0%
GLDD	B	0.0%
HZO	C	0.0%
NR	F	0.0%
NFE	F	0.0%
PARR	F	0.0%
MTUS	F	0.0%
UNFI	B	0.0%
HVT	F	0.0%
FFNW	C	0.0%
IMAX	D	0.0%
CSV	C	0.0%
HOV	C	0.0%
GO	F	0.0%
ROG	D	0.0%
IIIN	F	0.0%
MSGE	B	0.0%
HLIT	C	0.0%
MATV	D	0.0%
POWL	A	0.0%
JELD	D	0.0%

DFUV Underweight 140 Positions Relative to FNCL

Symbol	Grade	Weight
V	C	-5.94%
MA	A	-5.62%
SPGI	C	-2.25%
AXP	A	-2.14%
PGR	C	-2.02%
BLK	B	-1.92%
BX	C	-1.52%
MMC	D	-1.51%
FI	A	-1.44%
SCHW	D	-1.34%
KKR	C	-1.13%
PYPL	B	-1.06%
MCO	C	-1.06%
AON	A	-0.93%
AJG	D	-0.84%
APO	A	-0.69%
AMP	A	-0.64%
MSCI	B	-0.62%
COIN	F	-0.5%
NDAQ	C	-0.43%
ARES	B	-0.4%
BRO	A	-0.34%
CPAY	A	-0.29%
CBOE	B	-0.29%
LPLA	D	-0.24%
FDS	C	-0.24%
ERIE	A	-0.19%
EQH	C	-0.19%
IBKR	A	-0.19%
TW	A	-0.19%
JKHY	A	-0.18%
AFRM	C	-0.14%
KNSL	D	-0.14%
TOST	B	-0.14%
EVR	C	-0.13%
MKTX	C	-0.13%
PRI	A	-0.13%
WEX	C	-0.12%
MORN	C	-0.12%
OWL	B	-0.12%
HLI	B	-0.11%
SEIC	B	-0.1%
AGNC	C	-0.1%
RLI	A	-0.09%
HLNE	A	-0.09%
RYAN	A	-0.09%
COOP	C	-0.08%
STWD	C	-0.08%
FOUR	B	-0.07%
PIPR	C	-0.07%
LNC	D	-0.07%
TPG	C	-0.06%
FFIN	D	-0.06%
MC	C	-0.06%
EEFT	F	-0.06%
BGC	B	-0.05%
STEP	A	-0.05%
OSCR	C	-0.05%
HASI	C	-0.05%
CNS	C	-0.04%
ABR	B	-0.04%
APAM	C	-0.04%
WU	D	-0.04%
UPST	C	-0.04%
BXMT	C	-0.04%
PJT	C	-0.04%
FLYW	F	-0.03%
DFIN	D	-0.03%
MQ	F	-0.03%
EVTC	D	-0.03%
GSHD	B	-0.03%
PLMR	D	-0.03%
RKT	B	-0.03%
PMT	B	-0.02%
ARI	F	-0.02%
RC	F	-0.02%
CODI	D	-0.02%
TRUP	D	-0.02%
LKFN	D	-0.02%
LADR	D	-0.02%
FRHC	A	-0.02%
PGC	D	-0.01%
HAFC	D	-0.01%
PAY	D	-0.01%
HONE	D	-0.01%
SPFI	D	-0.01%
UFCS	D	-0.01%
PX	B	-0.01%
SMBC	D	-0.01%
MCB	C	-0.01%
NRDS	D	-0.01%
TRTX	D	-0.01%
CTLP	B	-0.01%
MSBI	D	-0.01%
TRST	D	-0.01%
GDOT	C	-0.01%
FSBC	C	-0.01%
WASH	D	-0.01%
IIIV	F	-0.01%
CAC	C	-0.01%
AMTB	F	-0.01%
FMNB	D	-0.01%
RBCAA	C	-0.01%
BFST	C	-0.01%
CCB	C	-0.01%
TREE	C	-0.01%
IMXI	D	-0.01%
LPRO	D	-0.01%
MCBS	C	-0.01%
UVE	C	-0.01%
KREF	C	-0.01%
OSBC	D	-0.01%
CPF	C	-0.01%
CASS	D	-0.01%
HTBK	D	-0.01%
FCBC	D	-0.01%
HFWA	D	-0.01%
HBNC	D	-0.01%
BFC	D	-0.01%
BHRB	D	-0.01%
CFB	D	-0.01%
BSIG	C	-0.01%
UWMC	D	-0.01%
BRSP	D	-0.01%
PRAA	F	-0.01%
CMTG	F	-0.01%
DX	C	-0.01%
LMND	F	-0.01%
IBCP	D	-0.01%
CNNE	F	-0.01%
HCI	C	-0.01%
RWT	C	-0.01%
EFC	D	-0.01%
AROW	D	-0.0%
RILY	F	-0.0%
GCBC	D	-0.0%
DHIL	C	-0.0%
HGTY	D	-0.0%
KRNY	D	-0.0%
HBT	D	-0.0%