FAB vs. SCHI ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Schwab 5-10 Year Corporate Bond ETF (SCHI)

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

$85.02

Average Daily Volume

4,786

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$46.22

Average Daily Volume

539,316

Number of Holdings ^*

471

* may have additional holdings in another (foreign) market

Performance

Period	FAB	SCHI
30 Days	4.01%	1.70%
60 Days	2.84%	4.65%
90 Days	8.64%	5.17%
12 Months	21.57%	13.31%

212 Overlapping Holdings

	Symbol	Grade	Weight in FAB	Weight in SCHI	Overlap
	AAP	F	0.03%	0.01%	0.01%
	AAT	B	0.12%	0.03%	0.03%
	ABT	C	0.1%	0.03%	0.03%
	ACGL	C	0.48%	0.02%	0.02%
	ADM	D	0.43%	0.05%	0.05%
	AEE	C	0.41%	0.01%	0.01%
	AEP	C	0.41%	0.01%	0.01%
	AFG	B	0.05%	0.02%	0.02%
	AFL	C	0.31%	0.02%	0.02%
	AGO	C	0.22%	0.02%	0.02%
	AIG	D	0.35%	0.02%	0.02%
	AIZ	B	0.1%	0.02%	0.02%
	AL	D	0.19%	0.01%	0.01%
	AMG	C	0.23%	0.02%	0.02%
	AN	D	0.17%	0.02%	0.02%
	APD	B	0.19%	0.02%	0.02%
	APTV	D	0.42%	0.02%	0.02%
	ARE	C	0.18%	0.02%	0.02%
	ARW	C	0.18%	0.02%	0.02%
	ATO	B	0.41%	0.02%	0.02%
	AVT	C	0.17%	0.03%	0.03%
	AWK	B	0.1%	0.01%	0.01%
	AXS	B	0.14%	0.02%	0.02%
	AYI	B	0.09%	0.02%	0.02%
	BAC	D	0.25%	0.03%	0.03%
	BBY	C	0.3%	0.02%	0.02%
	BC	C	0.14%	0.04%	0.04%
	BEN	F	0.31%	0.03%	0.03%
	BG	D	0.4%	0.03%	0.03%
	BHF	F	0.04%	0.04%	0.04%
	BIIB	F	0.07%	0.07%	0.07%
	BKH	B	0.19%	0.01%	0.01%
	BKU	C	0.12%	0.03%	0.03%
	BLK	B	0.1%	0.03%	0.03%
	BNL	B	0.14%	0.03%	0.03%
	BWA	D	0.17%	0.07%	0.07%
	C	C	0.23%	0.03%	0.03%
	CAG	C	0.39%	0.04%	0.04%
	CB	B	0.4%	0.06%	0.06%
	CFG	C	0.39%	0.02%	0.02%
	CHTR	D	0.29%	0.06%	0.06%
	CI	C	0.09%	0.03%	0.03%
	CMA	B	0.1%	0.03%	0.03%
	CMCSA	D	0.44%	0.04%	0.04%
	CMI	C	0.09%	0.05%	0.05%
	CMS	C	0.3%	0.01%	0.01%
	CNO	B	0.12%	0.06%	0.06%
	CNP	C	0.23%	0.02%	0.02%
	COF	B	0.35%	0.05%	0.05%
	COP	D	0.39%	0.02%	0.02%
	CPB	C	0.19%	0.02%	0.02%
	CTRA	D	0.37%	0.03%	0.03%
	CTVA	B	0.09%	0.03%	0.03%
	CVS	D	0.43%	0.03%	0.03%
	CVX	D	0.39%	0.03%	0.03%
	D	C	0.3%	0.01%	0.01%
	DD	B	0.09%	0.13%	0.09%
	DE	B	0.27%	0.01%	0.01%
	DG	F	0.05%	0.02%	0.02%
	DGX	B	0.29%	0.05%	0.05%
	DHI	B	0.59%	0.03%	0.03%
	DOV	B	0.18%	0.02%	0.02%
	DOW	D	0.17%	0.02%	0.02%
	DTE	C	0.29%	0.02%	0.02%
	DUK	C	0.3%	0.01%	0.01%
	DVN	F	0.37%	0.02%	0.02%
	EBAY	B	0.41%	0.03%	0.03%
	ED	C	0.41%	0.01%	0.01%
	EIX	C	0.3%	0.02%	0.02%
	EMN	B	0.13%	0.05%	0.05%
	EOG	D	0.41%	0.04%	0.04%
	EQR	B	0.29%	0.02%	0.02%
	ESGR	D	0.23%	0.03%	0.03%
	ETR	B	0.51%	0.01%	0.01%
	EVRG	B	0.2%	0.02%	0.02%
	EXC	C	0.51%	0.01%	0.01%
	FAF	B	0.1%	0.02%	0.02%
	FANG	D	0.37%	0.03%	0.03%
	FDX	C	0.24%	0.02%	0.02%
	FHN	D	0.13%	0.04%	0.04%
	FITB	B	0.29%	0.05%	0.05%
	FMC	C	0.23%	0.03%	0.03%
	FNF	B	0.21%	0.03%	0.03%
	FOXA	B	0.5%	0.03%	0.03%
	GD	B	0.09%	0.03%	0.03%
	GIS	B	0.3%	0.03%	0.03%
	GL	C	0.16%	0.02%	0.02%
	GM	C	0.44%	0.01%	0.01%
	GPC	D	0.17%	0.02%	0.02%
	GPN	D	0.5%	0.05%	0.05%
	GS	C	0.18%	0.05%	0.05%
	GXO	D	0.04%	0.04%	0.04%
	HAL	F	0.29%	0.06%	0.06%
	HBAN	B	0.38%	0.03%	0.03%
	HCA	B	0.21%	0.06%	0.06%
	HIG	B	0.4%	0.03%	0.03%
	HII	D	0.14%	0.02%	0.02%
	HIW	B	0.12%	0.03%	0.03%
	HP	F	0.18%	0.03%	0.03%
	HPP	D	0.13%	0.01%	0.01%
	HPQ	D	0.17%	0.02%	0.02%
	HRL	C	0.18%	0.03%	0.03%
	HSY	C	0.19%	0.02%	0.02%
	HUM	F	0.07%	0.02%	0.02%
	INTC	F	0.16%	0.06%	0.06%
	IPG	C	0.37%	0.03%	0.03%
	JBL	D	0.24%	0.02%	0.02%
	JCI	B	0.09%	0.04%	0.04%
	JEF	B	0.05%	0.02%	0.02%
	JNJ	C	0.2%	0.04%	0.04%
	K	B	0.12%	0.03%	0.03%
	KDP	B	0.19%	0.02%	0.02%
	KEX	C	0.04%	0.03%	0.03%
	KEY	B	0.2%	0.08%	0.08%
	KIM	C	0.21%	0.01%	0.01%
	KMB	D	0.09%	0.01%	0.01%
	KMI	B	0.37%	0.02%	0.02%
	KMT	B	0.08%	0.02%	0.02%
	KR	C	0.28%	0.03%	0.03%
	KRC	B	0.2%	0.02%	0.02%
	KSS	F	0.11%	0.03%	0.03%
	L	C	0.37%	0.02%	0.02%
	LEA	F	0.16%	0.01%	0.01%
	LEN	B	0.53%	0.05%	0.05%
	LHX	C	0.09%	0.03%	0.03%
	LMT	C	0.21%	0.01%	0.01%
	LNC	D	0.16%	0.03%	0.03%
	LNT	B	0.1%	0.02%	0.02%
	LOW	B	0.2%	0.04%	0.04%
	LUV	C	0.26%	0.01%	0.01%
	LXP	B	0.03%	0.02%	0.02%
	LYB	D	0.34%	0.02%	0.02%
	MAA	B	0.1%	0.03%	0.03%
	MCY	D	0.05%	0.03%	0.03%
	MDLZ	B	0.1%	0.03%	0.03%
	MDT	C	0.2%	0.03%	0.03%
	MKC	C	0.1%	0.02%	0.02%
	MKL	C	0.43%	0.01%	0.01%
	MOS	F	0.19%	0.05%	0.05%
	MPC	F	0.41%	0.02%	0.02%
	MS	D	0.17%	0.11%	0.11%
	NEE	C	0.21%	0.02%	0.02%
	NFG	B	0.19%	0.01%	0.01%
	NI	B	0.15%	0.04%	0.04%
	NKE	D	0.09%	0.03%	0.03%
	NOV	F	0.18%	0.03%	0.03%
	NUE	F	0.39%	0.03%	0.03%
	OC	D	0.33%	0.05%	0.05%
	OGE	C	0.15%	0.01%	0.01%
	OGS	B	0.19%	0.01%	0.01%
	OKE	B	0.19%	0.02%	0.02%
	OMC	B	0.19%	0.03%	0.03%
	OSK	F	0.16%	0.02%	0.02%
	PCG	C	0.4%	0.01%	0.01%
	PEG	B	0.2%	0.02%	0.02%
	PFG	B	0.09%	0.01%	0.01%
	PKG	B	0.2%	0.06%	0.06%
	PNC	B	0.2%	0.03%	0.03%
	PNW	C	0.2%	0.02%	0.02%
	PPG	D	0.17%	0.02%	0.02%
	PRU	C	0.08%	0.02%	0.02%
	PSX	F	0.39%	0.04%	0.04%
	PYPL	B	0.21%	0.03%	0.03%
	QCOM	D	0.07%	0.04%	0.04%
	R	A	0.19%	0.02%	0.02%
	REGN	C	0.09%	0.06%	0.06%
	RGA	C	0.04%	0.02%	0.02%
	RJF	C	0.08%	0.04%	0.04%
	RNR	C	0.25%	0.02%	0.02%
	RS	D	0.34%	0.03%	0.03%
	RYN	C	0.09%	0.04%	0.04%
	SJM	C	0.38%	0.02%	0.02%
	SNA	C	0.37%	0.02%	0.02%
	SNX	D	0.08%	0.03%	0.03%
	SON	C	0.14%	0.02%	0.02%
	SRE	C	0.28%	0.02%	0.02%
	STLD	F	0.37%	0.01%	0.01%
	STT	A	0.29%	0.03%	0.03%
	SWKS	D	0.24%	0.03%	0.03%
	SWX	C	0.09%	0.04%	0.04%
	SYF	C	0.43%	0.04%	0.04%
	SYY	D	0.09%	0.03%	0.03%
	T	C	0.5%	0.07%	0.07%
	TDY	B	0.28%	0.03%	0.03%
	TEL	D	0.25%	0.02%	0.02%
	TGT	C	0.18%	0.05%	0.05%
	TKR	D	0.13%	0.02%	0.02%
	TSCO	C	0.09%	0.04%	0.04%
	TSN	C	0.09%	0.13%	0.09%
	TXT	D	0.26%	0.02%	0.02%
	UAL	C	0.45%	0.02%	0.02%
	UHS	B	0.22%	0.04%	0.04%
	UNM	B	0.18%	0.02%	0.02%
	UPS	D	0.16%	0.02%	0.02%
	USB	B	0.28%	0.04%	0.04%
	VLO	F	0.38%	0.04%	0.04%
	VNO	B	0.06%	0.02%	0.02%
	VOYA	B	0.05%	0.01%	0.01%
	VTR	C	0.11%	0.01%	0.01%
	VZ	B	0.37%	0.01%	0.01%
	WBS	D	0.17%	0.02%	0.02%
	WEC	C	0.31%	0.01%	0.01%
	WFC	D	0.3%	0.01%	0.01%
	WHR	D	0.08%	0.02%	0.02%
	WMT	C	0.1%	0.03%	0.03%
	WPC	C	0.29%	0.03%	0.03%
	WTRG	D	0.09%	0.02%	0.02%
	WU	F	0.13%	0.01%	0.01%
	WY	C	0.19%	0.03%	0.03%
	XEL	B	0.42%	0.01%	0.01%
	XOM	C	0.34%	0.05%	0.05%
	ZBH	F	0.25%	0.05%	0.05%

FAB Overweight 448 Positions Relative to SCHI

	Symbol	Grade	Weight
	CINF	B	0.5%
	BRK.A	C	0.49%
	CF	C	0.46%
	EG	C	0.44%
	CNC	D	0.4%
	VTRS	D	0.39%
	EQT	D	0.39%
	CE	F	0.39%
	UHAL	A	0.39%
	CTSH	C	0.39%
	KHC	C	0.38%
	MTB	B	0.38%
	F	F	0.37%
	LNG	C	0.36%
	WBD	D	0.36%
	HPE	D	0.35%
	OXY	F	0.35%
	LKQ	F	0.33%
	TROW	D	0.32%
	ZM	C	0.29%
	FE	C	0.29%
	RF	B	0.28%
	MHO	B	0.28%
	INCY	C	0.27%
	JBHT	D	0.27%
	MTH	A	0.26%
	MTG	B	0.25%
	GPI	B	0.25%
	RUSHA	C	0.25%
	KBH	A	0.25%
	TMHC	A	0.25%
	FYBR	C	0.24%
	RDN	C	0.24%
	ESNT	B	0.24%
	JXN	A	0.24%
	LBRDK	F	0.24%
	CRBG	D	0.24%
	BKR	C	0.24%
	CNXC	F	0.23%
	ASO	C	0.23%
	HOG	C	0.23%
	TAP	D	0.23%
	LAD	D	0.23%
	THC	A	0.21%
	SSNC	B	0.21%
	G	C	0.21%
	MOH	D	0.21%
	BTU	D	0.21%
	SIG	C	0.21%
	SEB	D	0.21%
	AGCO	D	0.2%
	LBRT	D	0.2%
	NOG	D	0.2%
	TPH	C	0.2%
	TEX	F	0.2%
	DAR	F	0.2%
	TRV	C	0.2%
	VLY	C	0.2%
	WTM	D	0.2%
	COLB	B	0.2%
	CADE	C	0.19%
	DXC	C	0.19%
	BYD	C	0.19%
	EPAM	F	0.19%
	POR	C	0.19%
	CHK	D	0.19%
	PVH	F	0.19%
	COOP	C	0.19%
	BCC	B	0.19%
	WRB	C	0.19%
	SM	F	0.19%
	MDU	C	0.18%
	MUR	F	0.18%
	OVV	F	0.18%
	DINO	F	0.18%
	MTDR	F	0.18%
	GMS	D	0.18%
	CSCO	C	0.18%
	PTEN	F	0.17%
	OZK	D	0.17%
	OGN	D	0.17%
	MATX	B	0.17%
	CVI	F	0.17%
	MLI	A	0.16%
	CMC	D	0.16%
	ADTN	D	0.16%
	CLF	F	0.16%
	MGY	C	0.16%
	ABG	D	0.16%
	PRG	B	0.16%
	WAL	B	0.16%
	CUZ	B	0.16%
	NMIH	B	0.15%
	PBF	F	0.15%
	URBN	F	0.15%
	INVA	B	0.15%
	PNFP	B	0.15%
	CCS	B	0.15%
	HE	F	0.15%
	KNX	C	0.14%
	WTFC	B	0.14%
	AVA	C	0.14%
	NWN	C	0.14%
	UFPI	C	0.14%
	THO	D	0.14%
	UAA	C	0.14%
	CHRD	F	0.14%
	ONB	C	0.14%
	NWE	B	0.14%
	EIG	C	0.14%
	EWBC	D	0.14%
	CNX	B	0.14%
	UTHR	C	0.14%
	AGNC	B	0.14%
	APA	F	0.14%
	EBC	B	0.14%
	ALLY	F	0.14%
	PHIN	B	0.14%
	BZH	B	0.14%
	BERY	B	0.14%
	NXST	D	0.13%
	AEO	F	0.13%
	VAL	F	0.13%
	WCC	D	0.13%
	GDEN	D	0.13%
	ALK	C	0.13%
	SANM	D	0.13%
	PII	D	0.13%
	JAZZ	D	0.13%
	FNB	C	0.13%
	PAG	D	0.13%
	GEF	D	0.13%
	IMKTA	D	0.13%
	SPB	C	0.13%
	UVV	D	0.13%
	NRG	C	0.13%
	GHC	B	0.13%
	SR	B	0.13%
	ATSG	D	0.13%
	WMK	C	0.13%
	LZB	C	0.13%
	OLN	D	0.12%
	RYI	D	0.12%
	SBH	B	0.12%
	INDB	C	0.12%
	RC	F	0.12%
	RLJ	D	0.12%
	ASH	D	0.12%
	FCF	C	0.12%
	OMF	D	0.12%
	CZR	C	0.12%
	LGIH	C	0.12%
	NX	F	0.12%
	EFSC	B	0.12%
	STBA	B	0.12%
	CXW	F	0.12%
	KOP	F	0.12%
	ENVA	C	0.12%
	CUBI	F	0.12%
	TGNA	D	0.12%
	DNB	C	0.11%
	OLPX	C	0.11%
	UMBF	B	0.11%
	NAVI	C	0.11%
	FRME	D	0.11%
	DNOW	D	0.11%
	REVG	D	0.11%
	OCFC	B	0.11%
	KVUE	C	0.11%
	CATY	C	0.11%
	ATKR	F	0.11%
	SCHL	D	0.11%
	FFBC	D	0.11%
	GAP	F	0.11%
	RRC	D	0.11%
	SNDR	B	0.11%
	CBRE	A	0.11%
	CRI	D	0.11%
	CALM	A	0.11%
	GES	F	0.11%
	CABO	F	0.11%
	JBT	D	0.11%
	BOKF	B	0.1%
	HOMB	B	0.1%
	IDA	C	0.1%
	POOL	C	0.1%
	HTZ	F	0.1%
	ORI	B	0.1%
	UBSI	B	0.1%
	TRGP	B	0.1%
	LILAK	D	0.1%
	ABR	B	0.1%
	ABM	D	0.1%
	CENTA	F	0.1%
	DDS	F	0.1%
	REYN	C	0.1%
	PEBO	C	0.1%
	M	F	0.1%
	SAIC	C	0.1%
	LPX	B	0.1%
	SAH	D	0.1%
	IPGP	F	0.1%
	ADNT	F	0.1%
	USM	C	0.1%
	VSH	F	0.1%
	WGO	D	0.1%
	PB	B	0.1%
	PRDO	D	0.1%
	WERN	D	0.1%
	ABCB	B	0.1%
	ARCH	F	0.1%
	SLGN	B	0.1%
	HUBG	C	0.1%
	PFBC	D	0.1%
	ALGT	F	0.1%
	IBOC	D	0.1%
	SSB	B	0.1%
	AMN	F	0.09%
	SFNC	B	0.09%
	ELV	C	0.09%
	MSGE	B	0.09%
	SLM	D	0.09%
	J	C	0.09%
	PDCO	F	0.09%
	HWC	D	0.09%
	ASGN	D	0.09%
	GT	F	0.09%
	UGI	C	0.09%
	TOWN	B	0.09%
	PATK	B	0.09%
	LGND	C	0.09%
	SEIC	C	0.09%
	COLM	C	0.09%
	ZION	D	0.09%
	TALO	D	0.09%
	EPC	F	0.09%
	MIDD	D	0.09%
	BBWI	F	0.09%
	PARR	F	0.09%
	PRGO	D	0.09%
	CRC	C	0.09%
	DTM	B	0.09%
	VSCO	C	0.09%
	MATW	F	0.09%
	ANDE	D	0.09%
	CRK	D	0.09%
	REZI	D	0.09%
	NJR	B	0.09%
	SASR	B	0.09%
	IAC	C	0.09%
	FBNC	B	0.09%
	CROX	D	0.08%
	JELD	D	0.08%
	NBHC	D	0.08%
	FHI	A	0.08%
	RNST	D	0.08%
	EQC	C	0.08%
	HGV	F	0.08%
	DAN	F	0.08%
	BXC	D	0.08%
	FIBK	B	0.08%
	BECN	D	0.08%
	CENX	D	0.08%
	OMI	D	0.08%
	OI	D	0.08%
	SJW	C	0.08%
	OMCL	C	0.08%
	WSBC	D	0.08%
	AX	D	0.08%
	WSFS	D	0.08%
	UNF	C	0.08%
	SLVM	B	0.08%
	FHB	D	0.08%
	MCRI	C	0.08%
	WLK	D	0.08%
	CTOS	F	0.08%
	ENS	D	0.08%
	HOPE	B	0.08%
	PNM	B	0.08%
	EXPD	C	0.08%
	BANR	B	0.08%
	NWBI	C	0.08%
	SKX	D	0.08%
	BKE	B	0.08%
	ADV	C	0.08%
	SSTK	F	0.08%
	VBTX	B	0.08%
	OFG	C	0.08%
	CASH	B	0.08%
	DKS	D	0.08%
	RIG	F	0.07%
	MRTN	D	0.07%
	ARCB	D	0.07%
	KOS	F	0.07%
	HTLD	D	0.07%
	ECVT	F	0.07%
	KN	D	0.07%
	NMRK	A	0.07%
	MLKN	D	0.07%
	ODP	F	0.07%
	CHGG	F	0.07%
	ICUI	B	0.07%
	APOG	B	0.07%
	CNXN	B	0.06%
	SBCF	C	0.06%
	TCBI	B	0.06%
	UCBI	B	0.06%
	CSGS	C	0.06%
	DFIN	B	0.06%
	AUB	D	0.06%
	KLG	C	0.06%
	NIC	C	0.06%
	CPK	B	0.06%
	NHC	D	0.06%
	GOGO	F	0.06%
	ALEX	B	0.06%
	CAR	F	0.06%
	SKY	B	0.06%
	GTY	B	0.06%
	PLUS	A	0.06%
	HELE	D	0.06%
	VAC	F	0.06%
	WAFD	C	0.06%
	DORM	B	0.06%
	DEI	B	0.06%
	DIOD	F	0.06%
	MODG	F	0.06%
	ROIC	B	0.06%
	ZD	D	0.06%
	CBRL	D	0.06%
	CMCO	F	0.06%
	VRTS	F	0.06%
	AMKR	F	0.06%
	GEO	F	0.06%
	SHEN	F	0.05%
	CRUS	D	0.05%
	AVNT	B	0.05%
	IVZ	B	0.05%
	HSIC	C	0.05%
	EHC	C	0.05%
	XHR	B	0.05%
	BXMT	C	0.05%
	SNV	C	0.05%
	BPOP	C	0.05%
	LNN	D	0.05%
	CACI	B	0.05%
	EAT	A	0.05%
	IP	B	0.05%
	PTVE	D	0.05%
	USFD	B	0.05%
	NVST	D	0.05%
	HLI	B	0.05%
	TRS	D	0.05%
	PCH	C	0.05%
	MAT	C	0.05%
	CVBF	D	0.05%
	TFX	C	0.05%
	HTH	C	0.05%
	FULT	D	0.05%
	HLF	F	0.05%
	SNEX	B	0.05%
	TRMK	C	0.05%
	CCK	A	0.05%
	TCBK	D	0.05%
	PBH	B	0.05%
	JLL	B	0.05%
	BUSE	C	0.05%
	PSMT	B	0.05%
	BDC	B	0.05%
	VCTR	B	0.05%
	SRCE	C	0.05%
	PRIM	B	0.05%
	SAFT	D	0.05%
	LCII	C	0.05%
	OEC	F	0.05%
	DEA	B	0.05%
	CWT	C	0.05%
	AR	F	0.04%
	FOXF	D	0.04%
	KALU	F	0.04%
	BJ	D	0.04%
	LANC	D	0.04%
	CACC	F	0.04%
	KWR	D	0.04%
	SEE	D	0.04%
	LFUS	C	0.04%
	BLMN	F	0.04%
	SIGI	D	0.04%
	RHI	D	0.04%
	STRA	F	0.04%
	LSTR	D	0.04%
	PARA	F	0.04%
	SEM	D	0.04%
	NEOG	D	0.04%
	MTX	D	0.04%
	MMS	C	0.04%
	SUM	D	0.04%
	PCRX	F	0.04%
	FUL	C	0.04%
	KFY	B	0.03%
	HMN	D	0.03%
	SHOO	B	0.03%
	WD	A	0.03%
	PGRE	C	0.03%
	GNW	B	0.03%
	FBP	C	0.03%
	NNI	B	0.03%
	MWA	B	0.03%
	ADUS	B	0.03%
	HNI	C	0.03%
	BHLB	B	0.03%
	THS	C	0.03%
	NBTB	D	0.03%
	CWEN	C	0.03%
	STC	B	0.03%
	FBK	B	0.03%
	JBGS	C	0.03%
	BOOT	A	0.03%
	VSAT	F	0.03%
	BMBL	F	0.03%
	CBU	C	0.03%
	PLXS	A	0.03%
	CVCO	A	0.03%
	PFS	B	0.03%
	FDP	C	0.03%
	LTH	B	0.03%
	HI	F	0.02%
	GO	F	0.02%
	DK	F	0.02%
	ROG	F	0.02%
	OXM	F	0.02%
	SCL	D	0.02%
	XRX	D	0.02%
	CTS	D	0.02%
	CAKE	C	0.02%
	THRM	D	0.02%
	WOR	D	0.02%
	ENOV	D	0.02%
	OII	D	0.02%
	ASB	D	0.02%
	NVEE	F	0.02%
	CMTG	D	0.02%
	APAM	C	0.02%
	KFRC	D	0.02%
	AIN	D	0.02%
	ATUS	C	0.02%
	PPBI	D	0.02%
	IART	F	0.01%

FAB Underweight 259 Positions Relative to SCHI

	Symbol	Grade	Weight
	DT	C	-0.26%
	MSFT	C	-0.23%
	AMAT	D	-0.11%
	AXP	B	-0.11%
	EQH	C	-0.1%
	TMUS	C	-0.1%
	TD	B	-0.09%
	LDOS	B	-0.09%
	ABBV	C	-0.09%
	NOW	B	-0.08%
	CAH	C	-0.08%
	MRO	C	-0.07%
	DLTR	F	-0.07%
	ARCC	B	-0.07%
	KOF	D	-0.07%
	TT	B	-0.07%
	QRVO	F	-0.07%
	BMO	C	-0.07%
	CRM	D	-0.07%
	NXPI	F	-0.07%
	NVDA	D	-0.07%
	BABA	B	-0.07%
	XRAY	D	-0.06%
	INTU	C	-0.06%
	KLAC	D	-0.06%
	SLB	F	-0.06%
	JD	C	-0.06%
	BIDU	D	-0.06%
	LH	C	-0.06%
	NOC	B	-0.06%
	AMGN	B	-0.06%
	DB	B	-0.06%
	GOOGL	D	-0.06%
	NWG	C	-0.06%
	AAPL	C	-0.06%
	GE	B	-0.06%
	AMZN	C	-0.06%
	HSBC	B	-0.06%
	VRSN	D	-0.05%
	STE	C	-0.05%
	GP	D	-0.05%
	DHR	B	-0.05%
	NVR	B	-0.05%
	URI	B	-0.05%
	BDN	B	-0.05%
	CTAS	B	-0.05%
	VRSK	D	-0.05%
	TRMB	C	-0.05%
	LRCX	F	-0.05%
	CHRW	B	-0.05%
	HES	F	-0.05%
	MET	B	-0.05%
	PWR	B	-0.05%
	EFX	B	-0.05%
	ADP	B	-0.05%
	MAS	B	-0.05%
	EPR	B	-0.05%
	TXN	C	-0.05%
	O	C	-0.05%
	ADBE	F	-0.05%
	MMC	C	-0.05%
	AMCR	B	-0.05%
	GSK	C	-0.05%
	AER	B	-0.05%
	VOD	C	-0.05%
	BNS	B	-0.04%
	FLO	C	-0.04%
	DOX	C	-0.04%
	LVS	D	-0.04%
	INGR	B	-0.04%
	IEX	D	-0.04%
	RL	C	-0.04%
	TPR	C	-0.04%
	ITW	C	-0.04%
	ETN	C	-0.04%
	DAL	C	-0.04%
	PNR	B	-0.04%
	CUBE	B	-0.04%
	NEM	B	-0.04%
	EXP	B	-0.04%
	RPRX	C	-0.04%
	FLEX	C	-0.04%
	PAA	C	-0.04%
	CPT	B	-0.04%
	EMR	D	-0.04%
	MU	F	-0.04%
	WAB	B	-0.04%
	GILD	B	-0.04%
	MPLX	B	-0.04%
	OTIS	C	-0.04%
	MO	C	-0.04%
	PFE	C	-0.04%
	JPM	D	-0.04%
	BMY	C	-0.04%
	SITC	D	-0.03%
	PPL	C	-0.03%
	SCS	D	-0.03%
	IFF	B	-0.03%
	PHM	B	-0.03%
	INVH	C	-0.03%
	NHI	C	-0.03%
	EA	D	-0.03%
	BRO	C	-0.03%
	ADC	C	-0.03%
	SKT	B	-0.03%
	JNPR	B	-0.03%
	CBOE	C	-0.03%
	ADI	C	-0.03%
	DRI	B	-0.03%
	CME	C	-0.03%
	EW	F	-0.03%
	LIN	B	-0.03%
	NDAQ	A	-0.03%
	ZTS	C	-0.03%
	PGR	B	-0.03%
	NSC	C	-0.03%
	TJX	B	-0.03%
	BRX	B	-0.03%
	AES	C	-0.03%
	HST	C	-0.03%
	APH	D	-0.03%
	CAT	B	-0.03%
	WELL	C	-0.03%
	HAS	B	-0.03%
	CSX	D	-0.03%
	VNT	F	-0.03%
	NTRS	A	-0.03%
	BSX	B	-0.03%
	AON	B	-0.03%
	WM	D	-0.03%
	BAX	C	-0.03%
	PSA	B	-0.03%
	BR	D	-0.03%
	EL	F	-0.03%
	ICE	C	-0.03%
	SPG	B	-0.03%
	OHI	B	-0.03%
	EXPE	C	-0.03%
	DLR	B	-0.03%
	SHW	B	-0.03%
	FIS	B	-0.03%
	MCD	B	-0.03%
	PEP	C	-0.03%
	PG	C	-0.03%
	HD	B	-0.03%
	UNH	C	-0.03%
	BXP	B	-0.03%
	BDX	D	-0.03%
	AZN	D	-0.03%
	MRK	D	-0.03%
	MUFG	D	-0.03%
	ORCL	C	-0.03%
	AVGO	C	-0.03%
	PDM	B	-0.02%
	SAVE	F	-0.02%
	ALLE	B	-0.02%
	CBT	B	-0.02%
	AGR	B	-0.02%
	LEG	D	-0.02%
	SBRA	C	-0.02%
	NVT	D	-0.02%
	ROST	C	-0.02%
	HUBB	B	-0.02%
	NEU	D	-0.02%
	EXR	B	-0.02%
	SAFE	C	-0.02%
	EPRT	B	-0.02%
	OCSL	F	-0.02%
	ILMN	C	-0.02%
	FLS	D	-0.02%
	WBA	F	-0.02%
	SF	A	-0.02%
	DOC	C	-0.02%
	REXR	C	-0.02%
	ROK	D	-0.02%
	CNA	C	-0.02%
	XYL	C	-0.02%
	SUI	B	-0.02%
	FRT	C	-0.02%
	CLX	C	-0.02%
	NNN	C	-0.02%
	ADSK	C	-0.02%
	RPM	B	-0.02%
	REG	C	-0.02%
	AVY	C	-0.02%
	H	C	-0.02%
	CP	C	-0.02%
	UDR	C	-0.02%
	ALL	B	-0.02%
	ESS	B	-0.02%
	HUN	D	-0.02%
	NTAP	D	-0.02%
	VFC	C	-0.02%
	VMC	D	-0.02%
	PM	C	-0.02%
	MLM	D	-0.02%
	GLPI	C	-0.02%
	WRK	C	-0.02%
	MCO	B	-0.02%
	STZ	D	-0.02%
	KEYS	C	-0.02%
	SWK	B	-0.02%
	MMM	B	-0.02%
	SPGI	B	-0.02%
	TMO	B	-0.02%
	CSL	B	-0.02%
	PH	B	-0.02%
	ORLY	C	-0.02%
	EPD	B	-0.02%
	PLD	C	-0.02%
	MRVL	C	-0.02%
	DFS	B	-0.02%
	BK	B	-0.02%
	UNP	C	-0.02%
	WMB	B	-0.02%
	HON	D	-0.02%
	AMT	C	-0.02%
	BKNG	C	-0.02%
	CCI	C	-0.02%
	MA	B	-0.02%
	CARR	B	-0.02%
	DELL	D	-0.02%
	COST	B	-0.02%
	DIS	D	-0.02%
	IBM	B	-0.02%
	BA	F	-0.02%
	CHD	D	-0.01%
	MCK	F	-0.01%
	MHK	C	-0.01%
	KMPR	D	-0.01%
	LII	B	-0.01%
	THG	B	-0.01%
	PSEC	C	-0.01%
	HR	C	-0.01%
	PRE	F	-0.01%
	HRB	C	-0.01%
	CHH	C	-0.01%
	AAL	D	-0.01%
	AMH	C	-0.01%
	A	C	-0.01%
	AVB	B	-0.01%
	ROP	C	-0.01%
	AZO	D	-0.01%
	SCHW	D	-0.01%
	SO	B	-0.01%
	LLY	C	-0.01%
	LAZ	B	-0.01%
	EQIX	C	-0.01%
	MAR	C	-0.01%
	V	C	-0.01%
	ECL	B	-0.01%
	SYK	C	-0.01%
	SBUX	C	-0.01%
	KO	C	-0.01%
	ES	C	-0.01%
	MSI	B	-0.01%
	TFC	C	-0.01%
	RTX	C	-0.01%
	RSG	D	-0.0%

FAB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Utilities - Regulated Electric Asset Management Insurance - Property & Casualty Packaged Foods Residential Construction Packaging & Containers REIT - Diversified Specialty Chemicals Specialty Retail Building Materials Credit Services Utilities - Regulated Gas Auto Parts Diversified Industrials Insurance - Diversified REIT - Office Telecom Services Utilities - Diversified

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Insurance Products Chemical Real Estate Investment Trust Real Estate Loans Transport Commercial Bank Electronics Trust Services Investment Management Clothing Life Insurance Mining

SCHI: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials REIT - Retail Banks - Regional - US Drug Manufacturers - Major Banks - Global Insurance - Property & Casualty Semiconductors Specialty Retail Asset Management Credit Services Insurance - Life Packaged Foods REIT - Office REIT - Residential Specialty Chemicals Business Services Capital Markets Oil & Gas E&P Aerospace & Defense

Keywords: S&P 500 Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Bank Electricity Dow Jones Component Electronics Insurance Products Banking Aerospace Chemical Computing Investment Bank Mining Financial Products Medicine Plastic Cash Management