FAB vs. FNDA ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Schwab Fundamental U.S. Small Company Index ETF (FNDA)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.39

Average Daily Volume

2,766

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$31.53

Average Daily Volume

459,924

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

Performance

Period	FAB	FNDA
30 Days	3.51%	6.02%
60 Days	6.25%	8.82%
90 Days	9.38%	13.46%
12 Months	31.21%	35.86%

310 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in FNDA	Overlap
ABCB	B	0.1%	0.13%	0.1%
ABR	B	0.1%	0.09%	0.09%
ACA	B	0.09%	0.19%	0.09%
ADTN	B	0.18%	0.19%	0.18%
AEO	F	0.11%	0.1%	0.1%
AGO	B	0.23%	0.15%	0.15%
AIN	D	0.02%	0.09%	0.02%
AIR	C	0.02%	0.12%	0.02%
ALEX	B	0.05%	0.09%	0.05%
ALG	B	0.08%	0.07%	0.07%
ALIT	B	0.04%	0.08%	0.04%
ALK	A	0.15%	0.05%	0.05%
ALKS	B	0.09%	0.02%	0.02%
AMKR	F	0.16%	0.18%	0.16%
AMN	F	0.1%	0.12%	0.1%
AMR	C	0.22%	0.13%	0.13%
AMWD	B	0.11%	0.14%	0.11%
ANDE	D	0.1%	0.12%	0.1%
APLE	B	0.13%	0.17%	0.13%
ARCB	C	0.08%	0.2%	0.08%
ARI	D	0.05%	0.08%	0.05%
ASB	B	0.06%	0.22%	0.06%
ASH	F	0.12%	0.19%	0.12%
ATKR	C	0.26%	0.14%	0.14%
AUB	B	0.05%	0.07%	0.05%
AVA	C	0.12%	0.15%	0.12%
AVNS	D	0.04%	0.02%	0.02%
AVNT	B	0.04%	0.22%	0.04%
AXS	B	0.13%	0.11%	0.11%
BANR	B	0.09%	0.12%	0.09%
BHE	B	0.06%	0.22%	0.06%
BHLB	B	0.03%	0.01%	0.01%
BKE	A	0.08%	0.09%	0.08%
BKH	B	0.17%	0.22%	0.17%
BKU	B	0.08%	0.28%	0.08%
BLMN	F	0.02%	0.08%	0.02%
BMBL	C	0.15%	0.01%	0.01%
BNL	D	0.09%	0.06%	0.06%
BOKF	B	0.09%	0.11%	0.09%
BUSE	B	0.07%	0.06%	0.06%
BV	B	0.11%	0.06%	0.06%
BYD	A	0.14%	0.21%	0.14%
CABO	C	0.14%	0.13%	0.13%
CADE	B	0.2%	0.22%	0.2%
CAL	D	0.11%	0.06%	0.06%
CASH	A	0.09%	0.07%	0.07%
CATY	B	0.09%	0.17%	0.09%
CBU	B	0.03%	0.11%	0.03%
CCS	F	0.11%	0.19%	0.11%
CENTA	C	0.1%	0.09%	0.09%
CHRD	F	0.22%	0.12%	0.12%
CIVI	F	0.23%	0.11%	0.11%
CMCO	C	0.1%	0.05%	0.05%
CMTG	D	0.02%	0.03%	0.02%
CNMD	C	0.03%	0.06%	0.03%
CNX	B	0.25%	0.17%	0.17%
CNXC	F	0.18%	0.05%	0.05%
CNXN	C	0.02%	0.09%	0.02%
COLB	B	0.15%	0.19%	0.15%
COLM	B	0.09%	0.18%	0.09%
COOP	B	0.18%	0.22%	0.18%
CRC	B	0.09%	0.18%	0.09%
CRGY	B	0.12%	0.04%	0.04%
CRK	B	0.09%	0.07%	0.07%
CRL	C	0.09%	0.12%	0.09%
CSGS	B	0.06%	0.08%	0.06%
CUBI	B	0.14%	0.07%	0.07%
CUZ	C	0.09%	0.19%	0.09%
CVBF	B	0.09%	0.11%	0.09%
CVCO	B	0.03%	0.14%	0.03%
CVI	F	0.09%	0.05%	0.05%
CWEN	D	0.02%	0.09%	0.02%
CXT	D	0.05%	0.07%	0.05%
CXW	B	0.22%	0.23%	0.22%
DBRG	F	0.11%	0.18%	0.11%
DDS	C	0.18%	0.1%	0.1%
DEA	D	0.05%	0.05%	0.05%
DEI	C	0.03%	0.22%	0.03%
DFIN	D	0.05%	0.06%	0.05%
DIOD	F	0.08%	0.13%	0.08%
DNB	B	0.05%	0.12%	0.05%
DNOW	B	0.13%	0.14%	0.13%
DRH	B	0.1%	0.12%	0.1%
EBC	B	0.11%	0.07%	0.07%
ECVT	C	0.15%	0.06%	0.06%
EFSC	B	0.08%	0.06%	0.06%
EIG	B	0.14%	0.09%	0.09%
ENOV	C	0.06%	0.11%	0.06%
ENS	D	0.12%	0.2%	0.12%
EPC	F	0.12%	0.11%	0.11%
ESNT	D	0.18%	0.15%	0.15%
EVTC	B	0.03%	0.03%	0.03%
FBK	B	0.03%	0.01%	0.01%
FBNC	B	0.05%	0.05%	0.05%
FCF	B	0.08%	0.07%	0.07%
FDP	B	0.03%	0.23%	0.03%
FELE	B	0.04%	0.13%	0.04%
FFBC	B	0.11%	0.11%	0.11%
FHB	B	0.06%	0.2%	0.06%
FHI	A	0.06%	0.11%	0.06%
FIBK	B	0.08%	0.11%	0.08%
FIVE	F	0.09%	0.09%	0.09%
FNB	A	0.15%	0.23%	0.15%
FOXF	F	0.04%	0.05%	0.04%
FRME	A	0.08%	0.09%	0.08%
FUL	F	0.04%	0.18%	0.04%
FULT	B	0.08%	0.14%	0.08%
GBX	A	0.16%	0.2%	0.16%
GEF	A	0.13%	0.16%	0.13%
GEO	B	0.09%	0.34%	0.09%
GES	F	0.11%	0.06%	0.06%
GHC	B	0.11%	0.24%	0.11%
GIC	D	0.02%	0.0%	0.0%
GIII	C	0.13%	0.18%	0.13%
GMS	B	0.14%	0.21%	0.14%
GO	D	0.05%	0.07%	0.05%
GPRE	F	0.02%	0.06%	0.02%
GRBK	D	0.06%	0.05%	0.05%
HAYW	C	0.03%	0.05%	0.03%
HCC	C	0.25%	0.3%	0.25%
HELE	C	0.13%	0.12%	0.12%
HGV	B	0.1%	0.11%	0.1%
HIW	D	0.1%	0.21%	0.1%
HLF	C	0.06%	0.12%	0.06%
HLIO	B	0.03%	0.04%	0.03%
HMN	B	0.06%	0.07%	0.06%
HOPE	B	0.08%	0.12%	0.08%
HOV	D	0.11%	0.0%	0.0%
HP	C	0.25%	0.2%	0.2%
HRI	B	0.19%	0.3%	0.19%
HTH	B	0.05%	0.12%	0.05%
HWC	B	0.1%	0.21%	0.1%
HY	F	0.09%	0.0%	0.0%
IAC	F	0.04%	0.13%	0.04%
IART	C	0.14%	0.08%	0.08%
IDA	A	0.09%	0.2%	0.09%
IMKTA	C	0.12%	0.18%	0.12%
INDB	B	0.12%	0.09%	0.09%
INVA	B	0.13%	0.04%	0.04%
IOSP	B	0.05%	0.13%	0.05%
IPGP	C	0.08%	0.13%	0.08%
IVT	B	0.03%	0.04%	0.03%
JAZZ	B	0.18%	0.12%	0.12%
JBGS	F	0.02%	0.13%	0.02%
JBT	C	0.15%	0.12%	0.12%
JWN	B	0.09%	0.12%	0.09%
KALU	B	0.08%	0.11%	0.08%
KAR	A	0.06%	0.12%	0.06%
KFRC	C	0.02%	0.08%	0.02%
KFY	B	0.09%	0.22%	0.09%
KLG	D	0.08%	0.08%	0.08%
KMT	B	0.14%	0.2%	0.14%
KOS	F	0.11%	0.07%	0.07%
KRC	C	0.18%	0.22%	0.18%
KWR	C	0.05%	0.06%	0.05%
LADR	B	0.1%	0.07%	0.07%
LAUR	B	0.08%	0.16%	0.08%
LBRDK	B	0.22%	0.1%	0.1%
LBRT	D	0.2%	0.13%	0.13%
LCII	D	0.05%	0.19%	0.05%
LFUS	D	0.04%	0.18%	0.04%
LGIH	F	0.07%	0.16%	0.07%
LILAK	F	0.08%	0.13%	0.08%
LNN	B	0.05%	0.04%	0.04%
LXP	D	0.02%	0.08%	0.02%
LZB	C	0.09%	0.14%	0.09%
MAT	C	0.04%	0.19%	0.04%
MATX	B	0.19%	0.04%	0.04%
MGPI	F	0.03%	0.0%	0.0%
MGY	B	0.19%	0.09%	0.09%
MHO	D	0.21%	0.26%	0.21%
MLKN	D	0.1%	0.14%	0.1%
MMS	C	0.08%	0.12%	0.08%
MODG	F	0.09%	0.06%	0.06%
MRC	B	0.11%	0.05%	0.05%
MRTN	B	0.07%	0.07%	0.07%
MSM	B	0.09%	0.12%	0.09%
MTDR	C	0.25%	0.16%	0.16%
MTRN	B	0.03%	0.07%	0.03%
MTX	B	0.05%	0.15%	0.05%
MYRG	B	0.03%	0.11%	0.03%
NBTB	B	0.03%	0.07%	0.03%
NIC	A	0.06%	0.0%	0.0%
NJR	B	0.04%	0.17%	0.04%
NMRK	B	0.02%	0.13%	0.02%
NNI	C	0.03%	0.07%	0.03%
NOG	B	0.25%	0.04%	0.04%
NSP	F	0.04%	0.08%	0.04%
NVEE	C	0.03%	0.04%	0.03%
NWBI	B	0.05%	0.08%	0.05%
NWE	C	0.09%	0.16%	0.09%
NWN	B	0.1%	0.08%	0.08%
NX	C	0.08%	0.07%	0.07%
OEC	D	0.09%	0.06%	0.06%
OFG	C	0.05%	0.04%	0.04%
OGS	B	0.13%	0.19%	0.13%
OMI	F	0.06%	0.15%	0.06%
OPCH	F	0.03%	0.09%	0.03%
OTTR	C	0.18%	0.1%	0.1%
OXM	D	0.02%	0.06%	0.02%
OZK	B	0.19%	0.2%	0.19%
PARR	F	0.11%	0.04%	0.04%
PATK	D	0.04%	0.17%	0.04%
PB	A	0.09%	0.22%	0.09%
PBH	A	0.06%	0.1%	0.06%
PDCO	D	0.1%	0.17%	0.1%
PEB	D	0.07%	0.08%	0.07%
PEBO	B	0.11%	0.0%	0.0%
PFBC	B	0.08%	0.0%	0.0%
PFS	B	0.03%	0.1%	0.03%
PGRE	B	0.03%	0.06%	0.03%
PHIN	B	0.11%	0.16%	0.11%
PINC	B	0.14%	0.21%	0.14%
PLAB	C	0.13%	0.07%	0.07%
PLUS	D	0.02%	0.13%	0.02%
PNFP	B	0.05%	0.23%	0.05%
PNM	B	0.09%	0.19%	0.09%
PPBI	B	0.03%	0.11%	0.03%
PRDO	B	0.11%	0.08%	0.08%
PRG	C	0.1%	0.25%	0.1%
PSMT	D	0.05%	0.17%	0.05%
PTEN	D	0.24%	0.16%	0.16%
PTVE	D	0.07%	0.07%	0.07%
RC	D	0.02%	0.03%	0.02%
RDN	C	0.21%	0.24%	0.21%
RES	D	0.12%	0.04%	0.04%
REYN	D	0.08%	0.06%	0.06%
RIG	D	0.14%	0.13%	0.13%
RLJ	C	0.13%	0.12%	0.12%
RNR	D	0.21%	0.13%	0.13%
RNST	B	0.08%	0.05%	0.05%
ROCK	B	0.05%	0.09%	0.05%
ROG	D	0.05%	0.07%	0.05%
ROIC	A	0.03%	0.07%	0.03%
RRC	B	0.18%	0.13%	0.13%
RYN	F	0.04%	0.14%	0.04%
SAFT	B	0.03%	0.08%	0.03%
SAH	B	0.11%	0.14%	0.11%
SAM	B	0.03%	0.1%	0.03%
SASR	B	0.09%	0.1%	0.09%
SBCF	B	0.05%	0.03%	0.03%
SBH	C	0.1%	0.18%	0.1%
SCL	C	0.05%	0.13%	0.05%
SCSC	B	0.1%	0.09%	0.09%
SCVL	D	0.06%	0.03%	0.03%
SEB	F	0.11%	0.06%	0.06%
SEM	B	0.05%	0.23%	0.05%
SFNC	B	0.08%	0.17%	0.08%
SHEN	F	0.05%	0.02%	0.02%
SHO	B	0.13%	0.1%	0.1%
SHOO	D	0.02%	0.17%	0.02%
SIG	B	0.16%	0.22%	0.16%
SJW	D	0.07%	0.05%	0.05%
SKY	C	0.04%	0.15%	0.04%
SLGN	A	0.09%	0.14%	0.09%
SNDR	A	0.08%	0.13%	0.08%
SNEX	B	0.06%	0.01%	0.01%
SPB	A	0.07%	0.21%	0.07%
SR	C	0.16%	0.18%	0.16%
SRCE	A	0.08%	0.02%	0.02%
SSB	B	0.05%	0.11%	0.05%
SSTK	D	0.07%	0.03%	0.03%
STBA	C	0.05%	0.06%	0.05%
STC	C	0.02%	0.18%	0.02%
SUM	B	0.16%	0.17%	0.16%
SWX	B	0.13%	0.24%	0.13%
SYNA	D	0.05%	0.08%	0.05%
TALO	B	0.14%	0.08%	0.08%
TCBI	A	0.03%	0.14%	0.03%
TCBK	B	0.08%	0.02%	0.02%
TEX	C	0.23%	0.2%	0.2%
THRM	D	0.05%	0.07%	0.05%
TNET	D	0.08%	0.11%	0.08%
TOWN	B	0.05%	0.08%	0.05%
TRMK	B	0.12%	0.11%	0.11%
TTMI	A	0.07%	0.23%	0.07%
UAL	A	0.65%	0.39%	0.39%
UBSI	B	0.1%	0.19%	0.1%
UCB	B	0.05%	0.1%	0.05%
UMBF	B	0.05%	0.17%	0.05%
UNF	B	0.07%	0.17%	0.07%
UPBD	B	0.02%	0.13%	0.02%
URBN	C	0.21%	0.17%	0.17%
USM	B	0.12%	0.03%	0.03%
UVV	B	0.12%	0.15%	0.12%
VBTX	B	0.08%	0.06%	0.06%
VC	D	0.12%	0.09%	0.09%
VLY	B	0.14%	0.2%	0.14%
VNT	B	0.1%	0.17%	0.1%
VRTS	B	0.08%	0.05%	0.05%
VSAT	F	0.08%	0.06%	0.06%
VSCO	B	0.1%	0.26%	0.1%
VSH	F	0.12%	0.1%	0.1%
VSTS	D	0.09%	0.17%	0.09%
VTLE	C	0.14%	0.04%	0.04%
WAFD	B	0.05%	0.16%	0.05%
WAL	B	0.04%	0.29%	0.04%
WBS	B	0.16%	0.25%	0.16%
WD	C	0.04%	0.16%	0.04%
WGO	B	0.08%	0.17%	0.08%
WMK	B	0.11%	0.17%	0.11%
WSBC	B	0.09%	0.1%	0.09%
WSFS	A	0.08%	0.1%	0.08%
WTFC	A	0.1%	0.22%	0.1%
WTRG	B	0.09%	0.12%	0.09%
WTS	B	0.04%	0.14%	0.04%
XHR	B	0.07%	0.11%	0.07%
YETI	C	0.05%	0.07%	0.05%
ZD	B	0.1%	0.14%	0.1%
ZM	A	0.2%	0.21%	0.2%

FAB Overweight 355 Positions Relative to FNDA

Symbol	Grade	Weight
SYF	B	0.56%
GM	B	0.54%
DAL	A	0.52%
STLD	B	0.51%
PCAR	B	0.5%
TROW	B	0.48%
RS	B	0.48%
NUE	C	0.47%
CINF	A	0.47%
HPE	B	0.46%
FOXA	A	0.46%
CMCSA	B	0.46%
CVX	B	0.46%
COP	C	0.46%
EOG	B	0.45%
XOM	B	0.45%
F	C	0.45%
AIG	C	0.45%
T	C	0.44%
VLO	D	0.44%
HAL	D	0.44%
CTRA	C	0.44%
COF	B	0.43%
WFC	B	0.43%
OXY	F	0.43%
DVN	F	0.43%
TOL	B	0.43%
KMI	A	0.42%
PSX	D	0.42%
MPC	D	0.41%
HBAN	A	0.41%
VTRS	B	0.4%
LYB	F	0.4%
PHM	D	0.4%
LEN	D	0.4%
EG	D	0.4%
ETR	B	0.39%
EQT	A	0.39%
INTC	C	0.39%
CFG	B	0.39%
BG	D	0.39%
LNG	B	0.39%
CVS	F	0.39%
C	B	0.38%
CRBG	C	0.38%
ADM	F	0.38%
FANG	D	0.37%
CTSH	A	0.37%
OC	B	0.37%
ALLY	C	0.37%
SRE	A	0.37%
SLB	D	0.36%
FDX	B	0.36%
KR	A	0.36%
L	B	0.36%
ON	D	0.35%
CNP	B	0.35%
ZBH	C	0.35%
XEL	A	0.35%
ATO	A	0.35%
CB	D	0.34%
APTV	F	0.34%
HIG	C	0.34%
CF	B	0.34%
AEE	A	0.34%
ED	D	0.33%
EXC	D	0.33%
SWKS	F	0.32%
DG	F	0.32%
DHI	D	0.31%
CHTR	B	0.31%
SNA	A	0.31%
MS	A	0.31%
VZ	D	0.31%
MTB	B	0.3%
BKR	B	0.3%
IP	B	0.3%
BAC	A	0.29%
CE	F	0.29%
CNC	F	0.29%
USB	B	0.28%
RF	A	0.28%
TDY	A	0.28%
LUV	B	0.27%
FITB	A	0.27%
STT	B	0.27%
TRV	B	0.27%
DGX	A	0.26%
NI	A	0.26%
ULTA	C	0.26%
JXN	B	0.26%
AKAM	F	0.26%
TGT	C	0.25%
PPL	A	0.25%
D	D	0.25%
SYY	B	0.25%
DE	D	0.25%
TXT	D	0.25%
LNT	C	0.24%
KHC	F	0.24%
CMC	B	0.24%
AEP	D	0.24%
OSK	B	0.24%
EBAY	D	0.24%
HRL	F	0.24%
STX	D	0.24%
AFL	C	0.24%
DUK	D	0.24%
EQR	D	0.24%
DOW	F	0.23%
BIIB	F	0.23%
DTE	D	0.23%
SM	C	0.23%
OVV	C	0.23%
BLDR	D	0.23%
TMHC	C	0.22%
AMG	C	0.22%
BBY	D	0.22%
NOV	D	0.22%
RJF	A	0.22%
NFE	F	0.22%
AL	B	0.22%
PVH	C	0.22%
MTG	D	0.21%
RIOT	C	0.21%
BWA	B	0.21%
MUR	F	0.21%
TAP	B	0.21%
PBF	F	0.21%
MTH	D	0.2%
FMC	F	0.2%
TPH	D	0.2%
OKE	A	0.2%
KEY	B	0.2%
LAD	B	0.2%
DINO	D	0.2%
UNM	A	0.2%
RUSHA	B	0.2%
UGI	D	0.2%
DAR	B	0.19%
DXC	B	0.19%
R	B	0.19%
CNO	B	0.19%
CSCO	A	0.19%
JBHT	B	0.19%
NWSA	B	0.19%
LEA	F	0.19%
ASO	F	0.19%
PNC	A	0.19%
LNC	B	0.19%
APA	F	0.19%
PKG	B	0.19%
HST	C	0.18%
RGA	A	0.18%
PRU	B	0.18%
DRI	B	0.18%
DIS	C	0.18%
CSX	B	0.18%
CLF	D	0.18%
M	D	0.18%
GPI	B	0.18%
AVT	C	0.18%
HPQ	B	0.18%
BEN	C	0.18%
MOS	D	0.18%
G	B	0.18%
KIM	B	0.18%
SOLV	C	0.18%
HOG	F	0.18%
PPG	F	0.17%
FNF	C	0.17%
POR	D	0.17%
ARE	F	0.17%
NFG	C	0.17%
NVR	D	0.17%
JNJ	F	0.17%
EVRG	A	0.17%
MOH	F	0.17%
BBWI	C	0.17%
BCC	B	0.17%
TSN	C	0.17%
AAP	D	0.17%
DOC	C	0.17%
WEC	B	0.17%
PNW	B	0.17%
GBDC	B	0.17%
SSNC	C	0.17%
UHS	D	0.16%
BFH	B	0.16%
HSY	D	0.16%
SANM	B	0.16%
ZION	B	0.16%
ARW	F	0.16%
WLK	F	0.16%
HUM	F	0.16%
WCC	B	0.16%
KBH	D	0.16%
FE	D	0.16%
CARR	D	0.16%
FHN	B	0.16%
EIX	D	0.16%
CMS	D	0.16%
ULH	B	0.15%
NXST	C	0.15%
JBL	B	0.15%
OMF	B	0.15%
TGNA	B	0.15%
KDP	D	0.15%
GIS	F	0.15%
GPC	D	0.15%
MDU	F	0.15%
BTU	C	0.14%
GT	C	0.14%
TDS	B	0.14%
ABG	B	0.14%
INGR	B	0.14%
ELV	F	0.14%
CTOS	C	0.14%
PAG	C	0.13%
BERY	C	0.13%
BC	D	0.13%
THO	B	0.13%
PK	B	0.13%
VAC	B	0.13%
WHR	B	0.13%
WS	B	0.13%
GL	B	0.13%
OGE	B	0.13%
SNX	C	0.13%
WU	F	0.12%
OLN	D	0.12%
HTZ	D	0.12%
EMN	D	0.12%
SPNT	C	0.12%
AN	D	0.12%
SON	F	0.12%
POST	D	0.12%
SJM	F	0.12%
LKQ	D	0.12%
FOR	F	0.12%
GPOR	B	0.12%
REZI	A	0.11%
KSS	F	0.11%
PII	F	0.11%
MLI	B	0.11%
OGN	F	0.11%
BY	B	0.11%
WKC	D	0.11%
ODFL	B	0.1%
HII	D	0.1%
NAVI	C	0.1%
CMA	B	0.1%
SEIC	A	0.1%
EQC	B	0.1%
BECN	B	0.1%
OMC	B	0.09%
GD	A	0.09%
AR	B	0.09%
ACN	C	0.09%
LPX	A	0.09%
UFPI	B	0.09%
MIDD	C	0.09%
ADNT	F	0.09%
KEYS	B	0.09%
ORI	A	0.09%
PYPL	B	0.09%
AIZ	A	0.09%
SLM	B	0.09%
APD	B	0.09%
WRB	B	0.09%
IEX	B	0.09%
LH	B	0.09%
LHX	B	0.09%
PLYA	B	0.09%
ASGN	B	0.09%
KNX	B	0.09%
CMI	B	0.09%
J	B	0.09%
MDLZ	F	0.08%
MCRI	A	0.08%
WERN	B	0.08%
HUBG	B	0.08%
WPC	F	0.08%
AWK	D	0.08%
EXPD	F	0.08%
CI	D	0.08%
CPB	F	0.08%
TKR	F	0.08%
WY	F	0.08%
FTV	D	0.08%
UHAL	C	0.08%
LMT	D	0.08%
MAS	D	0.08%
IPG	F	0.08%
SKX	F	0.08%
PEP	F	0.08%
DD	D	0.08%
HOLX	D	0.08%
MAA	C	0.08%
AGCO	F	0.08%
DAN	F	0.08%
MDT	D	0.08%
UPS	D	0.08%
HD	B	0.08%
LOW	B	0.08%
SBUX	B	0.08%
NDSN	B	0.08%
CTVA	C	0.08%
CLX	B	0.08%
PFG	C	0.08%
XRX	F	0.08%
DFH	F	0.07%
NKE	F	0.07%
CAG	F	0.07%
CRI	F	0.06%
LC	A	0.06%
ODP	F	0.05%
BJ	B	0.05%
DK	D	0.05%
PFGC	B	0.05%
TPR	B	0.05%
RHI	B	0.05%
JEF	B	0.05%
GXO	B	0.05%
EPAM	C	0.05%
FLR	C	0.05%
ABM	B	0.05%
CAR	C	0.05%
GOGO	C	0.05%
UPWK	B	0.04%
FBIN	F	0.04%
FAF	D	0.04%
HSIC	F	0.04%
STWD	D	0.04%
BPOP	C	0.04%
MGM	F	0.04%
SEE	C	0.04%
CZR	D	0.04%
TTC	D	0.04%
AFG	B	0.04%
LSTR	B	0.04%
VOYA	A	0.04%
PRGO	C	0.04%
MUSA	B	0.04%
IVZ	C	0.04%
SHLS	F	0.03%
MSEX	B	0.03%
BHF	B	0.03%
MCW	B	0.03%
OLPX	F	0.02%
OI	D	0.02%
XPEL	C	0.02%
MSGE	F	0.02%
CC	D	0.02%
GNW	A	0.02%

FAB Underweight 686 Positions Relative to FNDA

Symbol	Grade	Weight
SATS	C	-0.46%
RCL	A	-0.43%
ANF	D	-0.32%
FICO	A	-0.32%
UTHR	B	-0.32%
SF	A	-0.31%
XPO	B	-0.3%
COIN	B	-0.3%
FLS	B	-0.29%
TXRH	B	-0.28%
AIT	A	-0.27%
SLVM	C	-0.27%
VMI	B	-0.26%
PLXS	B	-0.26%
KMPR	A	-0.26%
GME	C	-0.26%
CLH	B	-0.26%
MAC	B	-0.26%
SAIA	B	-0.25%
CRS	B	-0.25%
OHI	B	-0.25%
BWXT	A	-0.24%
SKYW	B	-0.24%
RXO	C	-0.24%
FIX	B	-0.24%
WWD	B	-0.24%
GVA	B	-0.24%
HEI	C	-0.23%
WH	A	-0.23%
MOG.A	B	-0.23%
CFR	B	-0.23%
CBT	B	-0.23%
DY	C	-0.23%
INCY	B	-0.23%
VRT	B	-0.23%
CR	B	-0.22%
UNIT	B	-0.22%
ESI	B	-0.22%
LOPE	B	-0.22%
TTEK	C	-0.22%
DTM	A	-0.22%
FRT	C	-0.22%
GATX	B	-0.22%
VLTO	D	-0.22%
CWK	B	-0.22%
AWI	A	-0.22%
TPC	B	-0.22%
VIRT	B	-0.21%
CRUS	F	-0.21%
MC	B	-0.21%
SCCO	D	-0.21%
UAA	B	-0.21%
FDS	A	-0.2%
BIO	C	-0.2%
EXEL	B	-0.2%
CALM	A	-0.2%
CBSH	A	-0.2%
NVST	C	-0.2%
KNF	C	-0.2%
LITE	B	-0.2%
AGNC	D	-0.19%
ELAN	D	-0.19%
KEX	A	-0.19%
ENVA	A	-0.19%
FCN	D	-0.19%
SMG	C	-0.19%
ELS	C	-0.19%
Z	B	-0.19%
TRN	A	-0.19%
ATGE	B	-0.19%
HLI	B	-0.19%
ACIW	B	-0.18%
COLD	F	-0.18%
ESAB	B	-0.18%
BDC	B	-0.18%
NYT	C	-0.18%
PIPR	B	-0.18%
DASH	A	-0.18%
SBRA	B	-0.18%
MTCH	F	-0.18%
RPRX	F	-0.18%
EAT	A	-0.18%
SSD	D	-0.17%
PCH	F	-0.17%
ENTG	D	-0.17%
MASI	B	-0.17%
CSGP	D	-0.17%
ONB	A	-0.17%
AMH	D	-0.17%
CUBE	D	-0.17%
TWLO	B	-0.17%
HXL	D	-0.17%
EEFT	C	-0.17%
LNW	C	-0.17%
HNI	B	-0.17%
APP	A	-0.17%
GBCI	B	-0.17%
TPL	A	-0.17%
SPR	F	-0.17%
SPOT	A	-0.17%
VYX	B	-0.16%
APO	B	-0.16%
WYNN	F	-0.16%
JBLU	D	-0.16%
NOW	A	-0.16%
SLG	C	-0.16%
SITE	C	-0.16%
B	B	-0.16%
OLLI	D	-0.16%
PFSI	D	-0.16%
WTM	A	-0.16%
GTES	B	-0.16%
ALE	A	-0.16%
VVV	B	-0.16%
AGR	C	-0.15%
MPWR	F	-0.15%
THS	F	-0.15%
CDP	C	-0.15%
PPC	B	-0.15%
SCS	C	-0.15%
VEEV	B	-0.15%
SXT	B	-0.15%
CGNX	B	-0.15%
GMED	B	-0.15%
NNN	F	-0.15%
ARES	B	-0.15%
CBRL	D	-0.15%
EBS	C	-0.15%
CHDN	C	-0.15%
OUT	C	-0.15%
SLAB	F	-0.15%
CEIX	B	-0.15%
APAM	B	-0.15%
RH	B	-0.15%
NOMD	F	-0.15%
HE	F	-0.15%
SIGI	B	-0.15%
COMM	C	-0.15%
WMS	F	-0.15%
SN	D	-0.15%
BCO	F	-0.15%
FWRD	D	-0.15%
MOD	C	-0.15%
IGT	D	-0.14%
AROC	B	-0.14%
MCY	B	-0.14%
APOG	B	-0.14%
TROX	F	-0.14%
ITRI	B	-0.14%
ICUI	C	-0.14%
CVLT	B	-0.14%
RYI	C	-0.14%
APG	B	-0.14%
BOH	B	-0.14%
BXMT	C	-0.14%
YELP	C	-0.14%
MKTX	C	-0.14%
ROL	B	-0.14%
TPG	B	-0.14%
PLTR	B	-0.14%
TNL	A	-0.14%
CROX	F	-0.14%
CACC	F	-0.14%
KTB	B	-0.14%
NEU	C	-0.14%
WEN	C	-0.14%
DORM	B	-0.13%
IDCC	A	-0.13%
CNM	D	-0.13%
AMED	F	-0.13%
SMTC	B	-0.13%
COKE	D	-0.13%
WEX	D	-0.13%
ABNB	C	-0.13%
FTI	B	-0.13%
EPR	D	-0.13%
RGLD	C	-0.13%
ENSG	C	-0.13%
DLB	C	-0.13%
EXLS	A	-0.13%
CNK	A	-0.13%
DBX	B	-0.13%
BGC	B	-0.13%
H	C	-0.13%
HRB	D	-0.13%
TYL	B	-0.13%
TDC	D	-0.13%
VSTO	A	-0.13%
PSN	A	-0.12%
DHC	F	-0.12%
CHX	D	-0.12%
NGVT	B	-0.12%
ETSY	C	-0.12%
VRSN	C	-0.12%
ECPG	B	-0.12%
MWA	B	-0.12%
LRN	B	-0.12%
BFAM	F	-0.12%
PTC	B	-0.12%
RLI	A	-0.12%
ITGR	B	-0.12%
HPP	F	-0.12%
JELD	F	-0.12%
TREX	C	-0.12%
FND	F	-0.12%
AX	B	-0.11%
VIAV	B	-0.11%
LANC	B	-0.11%
MORN	A	-0.11%
IBKR	A	-0.11%
TECH	C	-0.11%
CHE	D	-0.11%
SVC	F	-0.11%
WSC	F	-0.11%
STAG	F	-0.11%
PRIM	B	-0.11%
FSS	C	-0.11%
PECO	B	-0.11%
MANH	C	-0.11%
COMP	B	-0.11%
AEIS	B	-0.11%
FSLR	F	-0.11%
PLNT	B	-0.11%
WDAY	B	-0.11%
IBOC	B	-0.11%
BLD	F	-0.11%
HEES	B	-0.11%
ORA	C	-0.1%
BCPC	B	-0.1%
CORT	B	-0.1%
ICFI	C	-0.1%
PBI	B	-0.1%
NHC	B	-0.1%
UE	B	-0.1%
JACK	D	-0.1%
PINS	D	-0.1%
IBP	F	-0.1%
CPNG	C	-0.1%
NTCT	B	-0.1%
HI	C	-0.1%
BRKR	F	-0.1%
HTLF	B	-0.1%
STRL	B	-0.1%
HOMB	A	-0.1%
SKT	A	-0.1%
AZZ	B	-0.1%
KRG	B	-0.1%
FN	B	-0.1%
PAYC	B	-0.1%
BXC	B	-0.1%
FR	D	-0.1%
ACHC	F	-0.1%
HL	D	-0.09%
WOR	D	-0.09%
DOLE	B	-0.09%
NHI	C	-0.09%
PRK	B	-0.09%
ESE	B	-0.09%
STRA	C	-0.09%
POWI	C	-0.09%
OSIS	C	-0.09%
FTDR	B	-0.09%
RBC	B	-0.09%
RNG	C	-0.09%
WWW	B	-0.09%
NPO	B	-0.09%
ROKU	C	-0.09%
MMSI	A	-0.09%
MGEE	A	-0.09%
FFIN	B	-0.09%
BOOT	D	-0.09%
MGRC	B	-0.09%
TW	B	-0.09%
KELYA	F	-0.09%
ESRT	D	-0.09%
PDM	C	-0.09%
RHP	B	-0.09%
IBTX	B	-0.09%
SIRI	C	-0.09%
MSA	D	-0.09%
AM	B	-0.09%
ENR	B	-0.09%
OLED	F	-0.08%
BKD	F	-0.08%
ALGT	B	-0.08%
CWT	D	-0.08%
TTD	A	-0.08%
CSWI	B	-0.08%
KN	B	-0.08%
WNC	C	-0.08%
GNL	D	-0.08%
AAON	B	-0.08%
PTON	B	-0.08%
ATI	D	-0.08%
IRDM	C	-0.08%
UCTT	F	-0.08%
AZEK	B	-0.08%
RAMP	C	-0.08%
BMRN	F	-0.08%
EGP	D	-0.08%
KAI	B	-0.08%
CBZ	B	-0.08%
OII	B	-0.08%
PMT	F	-0.08%
MD	B	-0.08%
SMCI	F	-0.08%
DXCM	C	-0.08%
KW	C	-0.08%
AKR	C	-0.08%
CHH	B	-0.08%
GFF	C	-0.08%
OMCL	C	-0.08%
HAE	B	-0.08%
RRR	F	-0.08%
CCOI	C	-0.08%
GWRE	A	-0.07%
PLAY	C	-0.07%
AAT	C	-0.07%
CNA	D	-0.07%
PJT	B	-0.07%
IRT	B	-0.07%
DLX	B	-0.07%
PR	B	-0.07%
ERIE	F	-0.07%
BMI	B	-0.07%
BSIG	A	-0.07%
HHH	B	-0.07%
ADC	B	-0.07%
KOP	D	-0.07%
BRC	B	-0.07%
EXPI	B	-0.07%
CDE	D	-0.07%
HQY	A	-0.07%
OPEN	F	-0.07%
HWKN	C	-0.07%
CARG	A	-0.07%
SXI	B	-0.07%
NMIH	D	-0.07%
HALO	B	-0.07%
QLYS	C	-0.07%
EXPO	D	-0.07%
TILE	B	-0.07%
GOLF	B	-0.07%
REXR	F	-0.07%
ONTO	F	-0.07%
ZWS	B	-0.07%
TRIP	D	-0.07%
MRCY	B	-0.07%
BDN	D	-0.07%
EYE	D	-0.07%
CAKE	B	-0.07%
JJSF	B	-0.07%
REVG	B	-0.07%
ROAD	B	-0.07%
CNS	B	-0.07%
CWST	B	-0.06%
PSTG	D	-0.06%
GTLS	A	-0.06%
ADUS	D	-0.06%
NTGR	B	-0.06%
ENV	B	-0.06%
LYFT	B	-0.06%
HCSG	B	-0.06%
MMI	B	-0.06%
PRGS	A	-0.06%
KTOS	B	-0.06%
BLKB	C	-0.06%
FBP	B	-0.06%
EPAC	B	-0.06%
WDFC	A	-0.06%
AGX	B	-0.06%
CTS	B	-0.06%
EAF	B	-0.06%
MELI	D	-0.06%
CWH	C	-0.06%
SONO	C	-0.06%
GCI	C	-0.06%
SABR	C	-0.06%
WHD	B	-0.06%
TDOC	C	-0.06%
ATSG	A	-0.06%
BSY	D	-0.06%
AWR	B	-0.06%
LGF.A	C	-0.06%
FORM	D	-0.06%
EMBC	B	-0.06%
TNC	F	-0.06%
TRS	B	-0.06%
SCHL	D	-0.06%
HURN	B	-0.06%
MEDP	D	-0.06%
NSA	D	-0.06%
CPK	B	-0.06%
ELME	D	-0.06%
AMRK	F	-0.06%
GFS	C	-0.06%
HLX	D	-0.06%
NBIX	C	-0.06%
UIS	B	-0.05%
LIVN	D	-0.05%
MATV	F	-0.05%
AAL	B	-0.05%
NEOG	D	-0.05%
TRNO	D	-0.05%
TOST	A	-0.05%
HZO	D	-0.05%
VRE	C	-0.05%
ACCO	B	-0.05%
AY	B	-0.05%
BRBR	A	-0.05%
CODI	B	-0.05%
CNDT	B	-0.05%
GTN	D	-0.05%
AZTA	D	-0.05%
EPRT	C	-0.05%
AMCX	C	-0.05%
NBR	C	-0.05%
CHCO	B	-0.05%
NTB	B	-0.05%
SXC	B	-0.05%
VRRM	F	-0.05%
ICHR	C	-0.05%
COHU	C	-0.05%
CCO	C	-0.05%
KLIC	B	-0.05%
NOVT	C	-0.05%
CHEF	B	-0.05%
SMPL	B	-0.05%
COTY	F	-0.05%
AXL	C	-0.05%
HAIN	F	-0.05%
SNBR	D	-0.05%
ESGR	C	-0.05%
SUPN	B	-0.05%
SENEA	B	-0.04%
PRA	B	-0.04%
ASTH	F	-0.04%
NVRI	F	-0.04%
GCO	B	-0.04%
SFL	F	-0.04%
DHT	F	-0.04%
CNSL	B	-0.04%
ACLS	F	-0.04%
ASIX	B	-0.04%
ZUMZ	C	-0.04%
SWBI	C	-0.04%
CPS	B	-0.04%
FBRT	C	-0.04%
DXPE	B	-0.04%
SGRY	D	-0.04%
BGS	F	-0.04%
INSW	F	-0.04%
WING	D	-0.04%
PEN	B	-0.04%
SFBS	B	-0.04%
CMPR	D	-0.04%
RGEN	D	-0.04%
PUMP	D	-0.04%
CSTM	F	-0.04%
WFRD	D	-0.04%
BZH	D	-0.04%
PZZA	D	-0.04%
TSE	F	-0.04%
GLNG	C	-0.04%
EXAS	F	-0.04%
AGRO	B	-0.04%
VCTR	B	-0.04%
LTC	A	-0.04%
LKFN	B	-0.04%
ENPH	F	-0.04%
PRAA	C	-0.04%
FCPT	D	-0.04%
W	F	-0.04%
SNAP	C	-0.04%
RDUS	C	-0.04%
JBSS	F	-0.04%
ZI	C	-0.04%
LSCC	C	-0.04%
PODD	B	-0.04%
HTLD	C	-0.04%
HMST	D	-0.03%
WOOF	D	-0.03%
USNA	C	-0.03%
STNE	D	-0.03%
MTUS	C	-0.03%
RWT	D	-0.03%
TBI	D	-0.03%
UVE	B	-0.03%
CLW	F	-0.03%
CNNE	B	-0.03%
HSII	B	-0.03%
XP	F	-0.03%
PEGA	A	-0.03%
IHRT	C	-0.03%
WRLD	C	-0.03%
CRAI	B	-0.03%
TKO	D	-0.03%
SBLK	D	-0.03%
PAGS	F	-0.03%
AGM	B	-0.03%
ZIMV	F	-0.03%
CVGW	B	-0.03%
PRVA	B	-0.03%
MXL	C	-0.03%
PRLB	B	-0.03%
CPF	B	-0.03%
CTRE	C	-0.03%
GDOT	C	-0.03%
NUS	D	-0.03%
ILPT	F	-0.03%
MYGN	F	-0.03%
THRY	F	-0.03%
RGR	F	-0.03%
VRNT	D	-0.03%
GLDD	B	-0.03%
DT	C	-0.03%
AMC	C	-0.03%
MP	B	-0.03%
STNG	F	-0.03%
SNOW	C	-0.03%
VIR	C	-0.03%
RMBS	C	-0.03%
CBL	B	-0.03%
RDNT	B	-0.03%
LEVI	F	-0.03%
VAL	F	-0.03%
WTTR	B	-0.03%
CFFN	B	-0.03%
LYV	A	-0.03%
CARS	B	-0.03%
MNRO	B	-0.03%
TRTX	C	-0.03%
STEP	B	-0.03%
SPSC	D	-0.03%
VSEC	A	-0.03%
SMP	B	-0.03%
RKT	D	-0.03%
ASTE	B	-0.03%
ALRM	C	-0.03%
EGBN	B	-0.03%
LPG	F	-0.03%
IPAR	C	-0.03%
GLOB	B	-0.03%
AMBC	C	-0.02%
FLWS	C	-0.02%
NPK	C	-0.02%
FIZZ	B	-0.02%
ARKO	B	-0.02%
BRSP	B	-0.02%
KRNY	B	-0.02%
DHIL	B	-0.02%
ARCO	F	-0.02%
DBI	F	-0.02%
OPK	C	-0.02%
CLVT	F	-0.02%
CTRN	D	-0.02%
RYAM	B	-0.02%
DAY	B	-0.02%
CCSI	B	-0.02%
HASI	F	-0.02%
GNK	D	-0.02%
CMP	D	-0.02%
CSR	C	-0.02%
TEN	F	-0.02%
RUN	F	-0.02%
BRY	F	-0.02%
IRWD	D	-0.02%
AGL	F	-0.02%
EDR	C	-0.02%
CSV	B	-0.02%
WABC	B	-0.02%
EBF	D	-0.02%
WOW	B	-0.02%
KREF	D	-0.02%
HVT	F	-0.02%
MTW	C	-0.02%
UFCS	A	-0.02%
WMG	B	-0.02%
WASH	A	-0.02%
AVO	B	-0.02%
HFWA	B	-0.02%
DCO	C	-0.02%
CNOB	B	-0.02%
CLB	B	-0.02%
BANF	B	-0.02%
BJRI	B	-0.02%
HAFC	B	-0.02%
EVRI	A	-0.02%
UTL	C	-0.02%
MERC	F	-0.02%
TMP	B	-0.02%
CLOV	C	-0.02%
SHYF	B	-0.02%
PFC	B	-0.02%
XPRO	F	-0.02%
BRKL	A	-0.02%
WOLF	F	-0.02%
ZEUS	C	-0.02%
ALTO	D	-0.02%
AHCO	C	-0.02%
MATW	C	-0.02%
OKTA	C	-0.02%
KNSL	C	-0.02%
DAC	D	-0.02%
ETD	D	-0.02%
CMRE	D	-0.02%
GDEN	C	-0.02%
CALX	F	-0.02%
BBSI	A	-0.02%
OCFC	B	-0.02%
SFIX	C	-0.02%
SBSI	B	-0.02%
IIIN	D	-0.01%
VTOL	B	-0.01%
NBHC	B	-0.01%
LGND	B	-0.01%
LESL	D	-0.01%
RILY	F	-0.01%
HLNE	B	-0.01%
AVD	D	-0.01%
MBUU	C	-0.01%
PKST	D	-0.01%
GPRO	C	-0.01%
KE	C	-0.01%
GSL	F	-0.01%
PETS	C	-0.01%
AMSF	A	-0.01%
MODV	D	-0.01%
NU	B	-0.01%
PRM	C	-0.01%
CRMT	F	-0.01%
SRI	F	-0.01%
CENT	C	-0.01%
ATNI	F	-0.01%
SSP	F	-0.01%
GPMT	C	-0.01%
JRVR	F	-0.01%
SSYS	C	-0.01%
MED	D	-0.01%
MOV	C	-0.01%
CCRN	F	-0.01%
IRBT	F	-0.01%
MYE	F	-0.01%
OPI	F	-0.01%
DIN	C	-0.01%
FLGT	F	-0.01%
TPIC	F	-0.01%
VREX	C	-0.01%
DENN	D	-0.01%
OIS	C	-0.01%
RGP	D	-0.01%
TITN	D	-0.01%
CLDT	B	-0.01%
PLCE	C	-0.01%
PLOW	D	-0.01%
USPH	C	-0.01%
MEI	F	-0.01%
GTY	B	-0.01%
CHGG	D	-0.0%
PCRX	D	-0.0%
SEG	C	-0.0%
ALGM	F	-0.0%
TWI	D	-0.0%
EVH	F	-0.0%
CRNC	D	-0.0%
WTI	D	-0.0%
GSM	F	-0.0%
HAYN	A	-0.0%
AMPH	C	-0.0%
THR	D	-0.0%
DNUT	D	-0.0%
INMD	C	-0.0%
SPWH	F	-0.0%
MSBI	B	-0.0%
CMTL	F	-0.0%
ONEW	C	-0.0%
TTEC	F	-0.0%
AOSL	F	-0.0%
REX	C	-0.0%
LXU	B	-0.0%
TBBK	B	-0.0%
CRVL	B	-0.0%
AMRC	F	-0.0%
IIPR	F	-0.0%
NR	C	-0.0%
SEDG	F	-0.0%