FAB vs. STXV ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Strive 1000 Value ETF (STXV)

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

$89.39

Average Daily Volume

3,117

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

STXV

Strive 1000 Value ETF

STXV Description

The investment seeks to track the total return performance, before fees and expenses, of the Bloomberg US 1000 Value composed of large- and mid-capitalization U.S. equity securities that exhibit value characteristics. Under normal circumstances, substantially all of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index. The fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$31.84

Average Daily Volume

9,656

Number of Holdings ^*

675

* may have additional holdings in another (foreign) market

Performance

Period	FAB	STXV
30 Days	7.38%	5.01%
60 Days	6.08%	5.13%
90 Days	7.37%	7.03%
12 Months	28.27%	29.43%

343 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in STXV	Overlap
AAP	C	0.17%	0.01%	0.01%
ACN	B	0.09%	0.21%	0.09%
ADM	D	0.39%	0.16%	0.16%
ADTN	B	0.18%	0.02%	0.02%
AEE	A	0.37%	0.17%	0.17%
AEP	C	0.24%	0.34%	0.24%
AFG	A	0.05%	0.08%	0.05%
AFL	A	0.25%	0.42%	0.25%
AGCO	D	0.08%	0.03%	0.03%
AIG	B	0.45%	0.32%	0.32%
AIZ	A	0.1%	0.07%	0.07%
AKAM	D	0.22%	0.04%	0.04%
AL	B	0.23%	0.03%	0.03%
ALK	B	0.15%	0.01%	0.01%
ALLY	B	0.35%	0.06%	0.06%
AMG	B	0.23%	0.04%	0.04%
AMKR	F	0.14%	0.01%	0.01%
AN	B	0.12%	0.03%	0.03%
APA	F	0.2%	0.05%	0.05%
APD	A	0.09%	0.19%	0.09%
APTV	F	0.32%	0.07%	0.07%
AR	B	0.1%	0.05%	0.05%
ARE	D	0.15%	0.12%	0.12%
ARW	D	0.15%	0.04%	0.04%
ASH	F	0.11%	0.02%	0.02%
ATO	A	0.37%	0.15%	0.15%
AWK	D	0.08%	0.11%	0.08%
AXS	A	0.14%	0.03%	0.03%
BAC	A	0.3%	2.05%	0.3%
BBWI	C	0.17%	0.04%	0.04%
BBY	D	0.22%	0.12%	0.12%
BC	D	0.12%	0.03%	0.03%
BEN	C	0.19%	0.04%	0.04%
BERY	B	0.14%	0.05%	0.05%
BG	D	0.4%	0.07%	0.07%
BIIB	F	0.21%	0.14%	0.14%
BJ	B	0.04%	0.04%	0.04%
BKH	B	0.18%	0.02%	0.02%
BKR	C	0.31%	0.3%	0.3%
BLDR	D	0.23%	0.06%	0.06%
BOKF	B	0.09%	0.01%	0.01%
BPOP	B	0.04%	0.05%	0.04%
BWA	D	0.2%	0.05%	0.05%
BYD	B	0.14%	0.03%	0.03%
C	B	0.38%	0.82%	0.38%
CAG	D	0.07%	0.08%	0.07%
CAR	C	0.06%	0.0%	0.0%
CARR	D	0.16%	0.12%	0.12%
CB	C	0.34%	0.74%	0.34%
CE	F	0.24%	0.05%	0.05%
CF	B	0.37%	0.1%	0.1%
CFG	B	0.39%	0.12%	0.12%
CHRD	F	0.22%	0.05%	0.05%
CHTR	B	0.31%	0.22%	0.22%
CI	D	0.08%	0.59%	0.08%
CINF	A	0.49%	0.15%	0.15%
CLF	F	0.16%	0.03%	0.03%
CLX	C	0.09%	0.09%	0.09%
CMA	A	0.1%	0.06%	0.06%
CMC	B	0.24%	0.04%	0.04%
CMCSA	C	0.45%	1.08%	0.45%
CMI	A	0.1%	0.22%	0.1%
CMS	B	0.17%	0.13%	0.13%
CNC	F	0.28%	0.2%	0.2%
CNP	A	0.38%	0.12%	0.12%
CNXC	F	0.17%	0.01%	0.01%
COF	B	0.42%	0.43%	0.42%
COLM	B	0.08%	0.01%	0.01%
COP	D	0.47%	0.49%	0.47%
CPB	D	0.08%	0.05%	0.05%
CRBG	B	0.37%	0.04%	0.04%
CRL	D	0.08%	0.01%	0.01%
CSCO	A	0.19%	1.11%	0.19%
CSX	B	0.18%	0.13%	0.13%
CTRA	B	0.49%	0.11%	0.11%
CTSH	A	0.35%	0.2%	0.2%
CTVA	A	0.09%	0.13%	0.09%
CUZ	B	0.09%	0.02%	0.02%
CVS	D	0.4%	0.47%	0.4%
CVX	A	0.48%	1.82%	0.48%
CWEN	C	0.02%	0.0%	0.0%
CWEN	C	0.02%	0.01%	0.01%
CXT	B	0.05%	0.01%	0.01%
CZR	D	0.04%	0.05%	0.04%
D	C	0.26%	0.32%	0.26%
DAL	B	0.55%	0.06%	0.06%
DAR	C	0.19%	0.04%	0.04%
DD	D	0.08%	0.15%	0.08%
DDS	B	0.19%	0.01%	0.01%
DE	B	0.25%	0.43%	0.25%
DG	F	0.3%	0.1%	0.1%
DGX	B	0.27%	0.12%	0.12%
DHI	D	0.3%	0.25%	0.25%
DINO	F	0.21%	0.04%	0.04%
DIS	B	0.21%	0.34%	0.21%
DOC	C	0.16%	0.09%	0.09%
DOW	F	0.21%	0.2%	0.2%
DRI	B	0.17%	0.07%	0.07%
DTE	C	0.24%	0.15%	0.15%
DUK	C	0.25%	0.57%	0.25%
DVN	F	0.43%	0.15%	0.15%
DXC	B	0.18%	0.02%	0.02%
EBAY	C	0.24%	0.09%	0.09%
ED	C	0.33%	0.21%	0.21%
EG	C	0.42%	0.12%	0.12%
EIX	A	0.17%	0.21%	0.17%
ELV	F	0.13%	0.29%	0.13%
EMN	D	0.12%	0.08%	0.08%
EOG	C	0.49%	0.51%	0.49%
EPAM	C	0.05%	0.0%	0.0%
EQR	A	0.25%	0.11%	0.11%
EQT	B	0.45%	0.09%	0.09%
ESNT	D	0.19%	0.04%	0.04%
ETR	A	0.4%	0.22%	0.22%
EVRG	A	0.18%	0.09%	0.09%
EXC	C	0.33%	0.26%	0.26%
EXPD	D	0.08%	0.04%	0.04%
F	C	0.45%	0.27%	0.27%
FAF	B	0.04%	0.04%	0.04%
FANG	F	0.37%	0.2%	0.2%
FBIN	D	0.04%	0.05%	0.04%
FDX	B	0.37%	0.41%	0.37%
FE	D	0.16%	0.15%	0.15%
FHN	B	0.17%	0.07%	0.07%
FITB	B	0.28%	0.2%	0.2%
FIVE	F	0.08%	0.0%	0.0%
FLR	B	0.05%	0.02%	0.02%
FMC	D	0.19%	0.04%	0.04%
FNF	B	0.17%	0.1%	0.1%
FOXA	C	0.47%	0.08%	0.08%
FTV	B	0.08%	0.05%	0.05%
G	B	0.2%	0.05%	0.05%
GD	F	0.08%	0.21%	0.08%
GIS	D	0.15%	0.23%	0.15%
GL	C	0.13%	0.06%	0.06%
GM	C	0.54%	0.41%	0.41%
GPC	D	0.15%	0.09%	0.09%
GXO	B	0.05%	0.03%	0.03%
HAL	C	0.47%	0.16%	0.16%
HBAN	B	0.42%	0.18%	0.18%
HD	B	0.08%	0.96%	0.08%
HIG	A	0.35%	0.23%	0.23%
HII	D	0.09%	0.04%	0.04%
HOG	D	0.18%	0.02%	0.02%
HOLX	D	0.08%	0.05%	0.05%
HPE	B	0.45%	0.17%	0.17%
HPQ	B	0.18%	0.23%	0.18%
HRL	D	0.24%	0.05%	0.05%
HSIC	B	0.04%	0.05%	0.04%
HST	C	0.17%	0.07%	0.07%
HSY	F	0.16%	0.07%	0.07%
HUM	C	0.16%	0.23%	0.16%
IAC	D	0.04%	0.03%	0.03%
IDA	C	0.1%	0.04%	0.04%
IEX	B	0.09%	0.02%	0.02%
INGR	B	0.13%	0.07%	0.07%
INTC	D	0.36%	0.67%	0.36%
IP	B	0.31%	0.14%	0.14%
IPG	C	0.08%	0.07%	0.07%
IPGP	D	0.07%	0.0%	0.0%
IVZ	B	0.04%	0.05%	0.04%
J	D	0.09%	0.07%	0.07%
JAZZ	B	0.19%	0.04%	0.04%
JBHT	B	0.18%	0.03%	0.03%
JBL	C	0.14%	0.08%	0.08%
JEF	A	0.05%	0.07%	0.05%
JNJ	D	0.17%	2.09%	0.17%
KDP	D	0.15%	0.14%	0.14%
KEY	B	0.2%	0.11%	0.11%
KEYS	B	0.09%	0.02%	0.02%
KHC	D	0.23%	0.15%	0.15%
KIM	A	0.19%	0.1%	0.1%
KMI	B	0.44%	0.36%	0.36%
KNX	B	0.09%	0.02%	0.02%
KR	A	0.35%	0.25%	0.25%
KRC	C	0.17%	0.03%	0.03%
L	A	0.37%	0.09%	0.09%
LAD	B	0.2%	0.06%	0.06%
LBRDK	C	0.2%	0.03%	0.03%
LEA	D	0.19%	0.03%	0.03%
LEN	D	0.39%	0.26%	0.26%
LEN	D	0.39%	0.0%	0.0%
LFUS	D	0.04%	0.0%	0.0%
LH	B	0.09%	0.14%	0.09%
LHX	C	0.09%	0.18%	0.09%
LKQ	D	0.12%	0.06%	0.06%
LMT	D	0.08%	0.67%	0.08%
LNC	B	0.19%	0.03%	0.03%
LNG	A	0.43%	0.1%	0.1%
LNT	A	0.26%	0.11%	0.11%
LOW	C	0.08%	0.67%	0.08%
LSTR	C	0.04%	0.0%	0.0%
LUV	C	0.27%	0.02%	0.02%
LYB	F	0.38%	0.13%	0.13%
M	D	0.16%	0.02%	0.02%
MAA	B	0.08%	0.06%	0.06%
MAS	D	0.08%	0.07%	0.07%
MAT	D	0.04%	0.03%	0.03%
MDLZ	F	0.07%	0.29%	0.07%
MDT	D	0.08%	0.71%	0.08%
MDU	D	0.17%	0.02%	0.02%
MGM	F	0.04%	0.0%	0.0%
MIDD	B	0.08%	0.03%	0.03%
MLI	C	0.11%	0.03%	0.03%
MMS	F	0.07%	0.02%	0.02%
MOH	D	0.15%	0.05%	0.05%
MOS	F	0.16%	0.05%	0.05%
MPC	D	0.43%	0.36%	0.36%
MS	C	0.32%	0.99%	0.32%
MSM	C	0.08%	0.02%	0.02%
MTB	B	0.31%	0.23%	0.23%
MTDR	C	0.26%	0.04%	0.04%
MTG	B	0.21%	0.04%	0.04%
MUR	F	0.21%	0.03%	0.03%
NDSN	B	0.08%	0.01%	0.01%
NFE	D	0.22%	0.0%	0.0%
NFG	B	0.18%	0.03%	0.03%
NI	A	0.28%	0.1%	0.1%
NKE	F	0.07%	0.23%	0.07%
NOV	D	0.22%	0.03%	0.03%
NUE	D	0.43%	0.22%	0.22%
NVR	D	0.16%	0.04%	0.04%
NWSA	B	0.19%	0.04%	0.04%
NXST	C	0.13%	0.03%	0.03%
OC	B	0.39%	0.08%	0.08%
OGE	A	0.14%	0.05%	0.05%
OGN	D	0.1%	0.03%	0.03%
OKE	B	0.22%	0.38%	0.22%
OLN	D	0.11%	0.03%	0.03%
OMC	C	0.08%	0.12%	0.08%
OMF	A	0.15%	0.04%	0.04%
ON	D	0.33%	0.02%	0.02%
ORI	A	0.09%	0.06%	0.06%
OSK	B	0.23%	0.04%	0.04%
OVV	C	0.26%	0.08%	0.08%
OXY	F	0.43%	0.1%	0.1%
OZK	B	0.19%	0.03%	0.03%
PAG	B	0.13%	0.02%	0.02%
PB	B	0.1%	0.05%	0.05%
PBF	C	0.22%	0.02%	0.02%
PCAR	B	0.49%	0.37%	0.37%
PEP	F	0.08%	0.64%	0.08%
PFG	C	0.08%	0.12%	0.08%
PFGC	B	0.05%	0.08%	0.05%
PHM	D	0.39%	0.15%	0.15%
PII	F	0.1%	0.02%	0.02%
PKG	A	0.2%	0.11%	0.11%
PNC	A	0.19%	0.53%	0.19%
PNFP	B	0.05%	0.05%	0.05%
PNM	F	0.09%	0.02%	0.02%
PNW	A	0.18%	0.06%	0.06%
POR	C	0.17%	0.04%	0.04%
POST	B	0.12%	0.03%	0.03%
PPG	D	0.16%	0.14%	0.14%
PPL	A	0.27%	0.16%	0.16%
PRGO	C	0.04%	0.02%	0.02%
PRU	A	0.18%	0.29%	0.18%
PSX	C	0.44%	0.37%	0.37%
PVH	C	0.21%	0.03%	0.03%
PYPL	B	0.09%	0.24%	0.09%
RDN	B	0.21%	0.03%	0.03%
REYN	D	0.08%	0.01%	0.01%
RF	B	0.29%	0.15%	0.15%
RGA	A	0.18%	0.09%	0.09%
RHI	C	0.05%	0.04%	0.04%
RIG	F	0.13%	0.02%	0.02%
RJF	A	0.23%	0.07%	0.07%
RNR	C	0.21%	0.09%	0.09%
RRC	B	0.2%	0.05%	0.05%
RS	B	0.48%	0.08%	0.08%
RYN	C	0.04%	0.01%	0.01%
SAM	C	0.03%	0.0%	0.0%
SBUX	B	0.09%	0.32%	0.09%
SEE	C	0.04%	0.03%	0.03%
SEIC	A	0.1%	0.03%	0.03%
SJM	C	0.12%	0.07%	0.07%
SKX	D	0.08%	0.02%	0.02%
SLB	C	0.36%	0.29%	0.29%
SLM	B	0.09%	0.03%	0.03%
SNA	A	0.32%	0.11%	0.11%
SNX	C	0.13%	0.05%	0.05%
SOLV	C	0.17%	0.03%	0.03%
SON	D	0.12%	0.04%	0.04%
SRE	B	0.39%	0.38%	0.38%
SSB	B	0.05%	0.06%	0.05%
SSNC	A	0.17%	0.06%	0.06%
STLD	B	0.5%	0.12%	0.12%
STT	A	0.28%	0.18%	0.18%
STWD	C	0.04%	0.03%	0.03%
STX	D	0.23%	0.13%	0.13%
SWKS	D	0.3%	0.07%	0.07%
SYF	A	0.57%	0.17%	0.17%
SYNA	C	0.05%	0.0%	0.0%
SYY	C	0.24%	0.18%	0.18%
T	A	0.45%	1.07%	0.45%
TAP	C	0.23%	0.06%	0.06%
TDY	B	0.28%	0.03%	0.03%
TGT	F	0.2%	0.37%	0.2%
THO	B	0.13%	0.03%	0.03%
TKR	D	0.08%	0.03%	0.03%
TNET	D	0.08%	0.0%	0.0%
TOL	B	0.43%	0.1%	0.1%
TPR	A	0.05%	0.08%	0.05%
TROW	A	0.47%	0.16%	0.16%
TRV	B	0.28%	0.38%	0.28%
TSN	B	0.19%	0.12%	0.12%
TTC	D	0.04%	0.0%	0.0%
TXT	D	0.24%	0.06%	0.06%
UAL	B	0.73%	0.06%	0.06%
UBSI	B	0.1%	0.03%	0.03%
UFPI	B	0.08%	0.03%	0.03%
UGI	A	0.21%	0.03%	0.03%
UHAL	D	0.07%	0.0%	0.0%
UHAL	D	0.07%	0.03%	0.03%
UHS	D	0.15%	0.07%	0.07%
ULTA	F	0.23%	0.0%	0.0%
UNM	A	0.21%	0.07%	0.07%
UPS	C	0.08%	0.63%	0.08%
USB	A	0.28%	0.5%	0.28%
VLO	C	0.46%	0.29%	0.29%
VNT	C	0.1%	0.02%	0.02%
VOYA	B	0.04%	0.05%	0.04%
VTRS	B	0.4%	0.1%	0.1%
VZ	B	0.33%	1.07%	0.33%
WAL	B	0.04%	0.06%	0.04%
WBS	B	0.17%	0.06%	0.06%
WCC	B	0.16%	0.07%	0.07%
WEC	A	0.18%	0.2%	0.18%
WFC	A	0.46%	1.68%	0.46%
WHR	B	0.13%	0.04%	0.04%
WLK	F	0.15%	0.02%	0.02%
WPC	D	0.08%	0.07%	0.07%
WRB	A	0.09%	0.08%	0.08%
WTFC	B	0.1%	0.05%	0.05%
WTRG	B	0.09%	0.05%	0.05%
WTS	B	0.04%	0.0%	0.0%
WU	D	0.12%	0.02%	0.02%
WY	D	0.08%	0.12%	0.08%
XEL	A	0.38%	0.25%	0.25%
XOM	C	0.45%	2.77%	0.45%
YETI	C	0.05%	0.0%	0.0%
ZBH	C	0.35%	0.13%	0.13%
ZION	B	0.16%	0.05%	0.05%

FAB Overweight 325 Positions Relative to STXV

Symbol	Grade	Weight
CNX	B	0.27%
AGO	B	0.25%
NOG	A	0.25%
HCC	B	0.24%
HP	C	0.24%
SM	C	0.24%
PTEN	C	0.23%
JXN	B	0.23%
CIVI	F	0.22%
AMR	C	0.22%
URBN	C	0.21%
CXW	B	0.21%
TEX	D	0.21%
TMHC	B	0.21%
ATKR	C	0.21%
MHO	C	0.2%
MGY	B	0.2%
ZM	B	0.2%
LBRT	D	0.2%
TPH	C	0.2%
CADE	B	0.2%
RIOT	C	0.2%
MTH	D	0.19%
R	A	0.19%
RUSHA	B	0.19%
CNO	A	0.19%
SR	A	0.18%
OTTR	C	0.18%
GPI	B	0.18%
COOP	B	0.18%
MATX	C	0.18%
ASO	F	0.17%
AVT	C	0.17%
BCC	B	0.17%
HRI	B	0.17%
GBDC	B	0.17%
KBH	C	0.16%
GBX	A	0.16%
SUM	B	0.16%
SIG	B	0.16%
VLY	B	0.15%
ECVT	C	0.15%
SANM	B	0.15%
COLB	B	0.15%
CTOS	C	0.15%
BFH	B	0.15%
JBT	A	0.15%
VTLE	D	0.15%
FNB	B	0.15%
BMBL	C	0.15%
KMT	C	0.14%
TDS	A	0.14%
ABG	B	0.14%
EIG	B	0.14%
TALO	C	0.14%
ULH	B	0.14%
HTZ	C	0.14%
PINC	B	0.14%
GEF	B	0.14%
GMS	B	0.14%
DNOW	B	0.14%
TGNA	B	0.14%
CABO	C	0.14%
GPOR	B	0.14%
CUBI	C	0.14%
BTU	C	0.13%
PK	B	0.13%
IART	C	0.13%
GT	C	0.13%
UVV	B	0.13%
WS	B	0.13%
APLE	B	0.13%
REZI	B	0.13%
RLJ	C	0.13%
OGS	B	0.13%
CRGY	B	0.13%
SPNT	B	0.13%
SWX	B	0.13%
HELE	C	0.13%
BY	B	0.12%
PEBO	B	0.12%
USM	B	0.12%
IMKTA	C	0.12%
GIII	D	0.12%
RES	D	0.12%
TRMK	B	0.12%
PRDO	B	0.12%
EPC	D	0.12%
INDB	B	0.12%
ENS	D	0.12%
KOS	F	0.12%
SHO	C	0.12%
PLAB	C	0.12%
PARR	D	0.12%
VAC	B	0.12%
INVA	D	0.12%
AVA	B	0.12%
HOV	C	0.11%
SAH	B	0.11%
SEB	F	0.11%
MRC	B	0.11%
GEO	B	0.11%
BECN	B	0.11%
GHC	A	0.11%
FOR	D	0.11%
EBC	B	0.11%
CAL	D	0.11%
WKC	D	0.11%
FFBC	B	0.11%
PHIN	B	0.11%
VC	D	0.11%
ZD	C	0.11%
CRC	B	0.1%
KSS	F	0.1%
SBH	B	0.1%
ACA	B	0.1%
PRG	B	0.1%
HWC	B	0.1%
NWE	C	0.1%
HGV	C	0.1%
OEC	C	0.1%
CRK	B	0.1%
LZB	B	0.1%
BV	B	0.1%
CMCO	C	0.1%
LADR	B	0.1%
VSH	D	0.1%
AEO	F	0.1%
GES	F	0.1%
EQC	B	0.1%
CVI	F	0.1%
AMWD	D	0.1%
WMK	B	0.1%
CENTA	C	0.1%
SCSC	B	0.1%
DRH	B	0.1%
NWN	B	0.1%
VSCO	B	0.1%
DBRG	F	0.1%
CCS	D	0.1%
PFBC	B	0.09%
JWN	A	0.09%
SASR	B	0.09%
ALKS	B	0.09%
WSBC	C	0.09%
CATY	B	0.09%
KFY	B	0.09%
CASH	B	0.09%
BANR	B	0.09%
VSTS	C	0.09%
LPX	B	0.09%
BNL	D	0.09%
PLYA	B	0.09%
SLGN	A	0.09%
PDCO	D	0.09%
ODFL	B	0.09%
CVBF	B	0.09%
ABR	C	0.09%
HIW	D	0.09%
ABCB	B	0.09%
MLKN	D	0.09%
NAVI	D	0.09%
ANDE	F	0.09%
DIOD	D	0.08%
DAN	D	0.08%
MCRI	A	0.08%
HOPE	B	0.08%
ALG	C	0.08%
NX	C	0.08%
SRCE	B	0.08%
BKE	A	0.08%
ASGN	D	0.08%
FCF	B	0.08%
FIBK	B	0.08%
TCBK	B	0.08%
SNDR	A	0.08%
XRX	F	0.08%
VBTX	B	0.08%
HUBG	A	0.08%
KALU	C	0.08%
RNST	B	0.08%
VRTS	B	0.08%
SFNC	B	0.08%
BKU	B	0.08%
WSFS	B	0.08%
PTVE	B	0.08%
LAUR	B	0.08%
EFSC	B	0.08%
ADNT	F	0.08%
FRME	B	0.08%
FULT	B	0.08%
HY	D	0.08%
LC	B	0.07%
SPB	C	0.07%
PEB	D	0.07%
MRTN	C	0.07%
SJW	D	0.07%
UNF	A	0.07%
ARCB	C	0.07%
WGO	C	0.07%
KLG	C	0.07%
XHR	A	0.07%
LILAK	F	0.07%
MODG	F	0.07%
WERN	B	0.07%
BUSE	B	0.07%
OMI	F	0.06%
CSGS	B	0.06%
SCVL	F	0.06%
FHI	A	0.06%
DFH	C	0.06%
NIC	B	0.06%
PBH	B	0.06%
CRI	F	0.06%
HMN	B	0.06%
VSAT	F	0.06%
KAR	B	0.06%
FHB	B	0.06%
HLF	D	0.06%
AMN	F	0.06%
GRBK	D	0.06%
ASB	B	0.06%
SNEX	B	0.06%
LGIH	D	0.06%
SSTK	F	0.06%
TTMI	B	0.06%
ALIT	C	0.05%
ROG	F	0.05%
DFIN	F	0.05%
PATK	C	0.05%
MUSA	A	0.05%
DNB	B	0.05%
SEM	D	0.05%
AUB	B	0.05%
PSMT	C	0.05%
LCII	B	0.05%
DK	C	0.05%
OFG	B	0.05%
UCB	B	0.05%
HTH	B	0.05%
SCL	C	0.05%
KWR	F	0.05%
ROCK	C	0.05%
UMBF	B	0.05%
ARI	C	0.05%
STBA	B	0.05%
ALEX	B	0.05%
LNN	B	0.05%
WAFD	B	0.05%
MTX	B	0.05%
ENOV	C	0.05%
IOSP	C	0.05%
GO	C	0.05%
ABM	B	0.05%
TOWN	B	0.05%
BHE	B	0.05%
GOGO	C	0.05%
NWBI	B	0.05%
FBNC	B	0.05%
SBCF	B	0.05%
UPWK	B	0.04%
NSP	D	0.04%
AVNS	D	0.04%
FOXF	F	0.04%
WD	C	0.04%
FUL	D	0.04%
AVNT	B	0.04%
FELE	B	0.04%
ODP	F	0.04%
SHEN	F	0.04%
THRM	F	0.04%
NJR	B	0.04%
SKY	B	0.04%
DEA	D	0.04%
SAFT	B	0.03%
HAYW	B	0.03%
EVTC	C	0.03%
AIR	B	0.03%
HLIO	B	0.03%
DEI	A	0.03%
IVT	B	0.03%
GNW	A	0.03%
PPBI	B	0.03%
NBTB	B	0.03%
CVCO	B	0.03%
ROIC	A	0.03%
BHF	B	0.03%
BHLB	B	0.03%
PFS	B	0.03%
MGPI	F	0.03%
FDP	B	0.03%
FBK	B	0.03%
CBU	B	0.03%
TCBI	B	0.03%
MCW	C	0.03%
OPCH	D	0.03%
MYRG	B	0.03%
BLMN	F	0.02%
OLPX	D	0.02%
SHLS	F	0.02%
GPRE	F	0.02%
GIC	F	0.02%
PLUS	D	0.02%
SHOO	D	0.02%
OXM	D	0.02%
CMTG	F	0.02%
JBGS	D	0.02%
LXP	D	0.02%
NNI	D	0.02%
NVEE	F	0.02%
CNXN	C	0.02%
AIN	C	0.02%
KFRC	C	0.02%
RC	D	0.02%
CC	C	0.02%
NMRK	B	0.02%
MSGE	D	0.02%
OI	D	0.02%
PGRE	D	0.02%
STC	B	0.02%
CNMD	C	0.02%
XPEL	C	0.02%
UPBD	B	0.02%
MTRN	C	0.02%
MSEX	B	0.02%

FAB Underweight 332 Positions Relative to STXV

Symbol	Grade	Weight
JPM	B	-3.52%
PM	A	-1.32%
IBM	C	-1.29%
BRK.A	B	-1.17%
WMT	A	-1.03%
GS	A	-1.02%
ABBV	D	-0.91%
PFE	D	-0.9%
PG	A	-0.85%
UNH	B	-0.84%
RTX	D	-0.82%
BMY	B	-0.77%
GILD	B	-0.72%
MO	A	-0.62%
KO	D	-0.6%
MRK	D	-0.6%
MCD	D	-0.59%
SO	C	-0.58%
NEE	D	-0.55%
MCK	B	-0.48%
CME	A	-0.47%
TMUS	A	-0.46%
MMM	C	-0.46%
BLK	C	-0.44%
HON	B	-0.39%
TFC	B	-0.39%
AMGN	F	-0.38%
BK	A	-0.38%
CAT	B	-0.37%
SPG	A	-0.35%
MU	D	-0.35%
WMB	B	-0.35%
TXN	D	-0.34%
MET	A	-0.33%
ALL	A	-0.33%
ABT	B	-0.32%
O	D	-0.32%
BDX	F	-0.27%
UNP	C	-0.27%
COR	A	-0.27%
PCG	A	-0.27%
NOC	D	-0.26%
PEG	A	-0.26%
KMB	C	-0.24%
CCI	D	-0.24%
KVUE	A	-0.23%
EMR	A	-0.22%
HCA	F	-0.22%
VICI	C	-0.21%
NEM	F	-0.21%
AXP	A	-0.21%
JCI	C	-0.2%
CAH	B	-0.19%
WELL	A	-0.19%
NSC	A	-0.19%
VTR	C	-0.18%
GLW	B	-0.18%
STLA	F	-0.17%
AMP	A	-0.17%
CCL	B	-0.16%
GPN	C	-0.16%
FIS	D	-0.16%
ACGL	D	-0.16%
ES	D	-0.14%
K	A	-0.14%
PLD	D	-0.14%
WBD	C	-0.14%
NTRS	A	-0.14%
IFF	D	-0.14%
NRG	B	-0.13%
DFS	B	-0.13%
ICE	D	-0.13%
WDC	C	-0.13%
PSA	C	-0.12%
AMT	D	-0.12%
ITW	A	-0.12%
AER	A	-0.12%
STZ	F	-0.11%
MKL	A	-0.11%
IBKR	A	-0.11%
THC	D	-0.11%
DELL	C	-0.11%
AON	A	-0.1%
EQH	B	-0.1%
AVB	A	-0.1%
BAX	F	-0.1%
GLPI	B	-0.1%
MRO	B	-0.1%
FLEX	B	-0.1%
AMCR	D	-0.09%
EWBC	B	-0.09%
EXR	C	-0.09%
CG	B	-0.09%
SWK	D	-0.09%
CL	D	-0.09%
MKC	D	-0.08%
PAYX	B	-0.08%
SF	B	-0.08%
ADI	D	-0.08%
BXP	C	-0.08%
URI	B	-0.08%
GE	C	-0.08%
OTIS	C	-0.08%
DLR	A	-0.08%
SW	B	-0.08%
ESS	B	-0.07%
DTM	B	-0.07%
LDOS	D	-0.07%
BX	B	-0.07%
COHR	C	-0.07%
OHI	C	-0.07%
SCHW	A	-0.07%
KKR	A	-0.07%
LVS	C	-0.07%
REG	A	-0.07%
CCK	D	-0.07%
CBRE	A	-0.07%
WTW	A	-0.07%
JLL	B	-0.07%
NDAQ	A	-0.07%
QCOM	F	-0.07%
USFD	A	-0.06%
ADC	A	-0.06%
SNV	B	-0.06%
AES	F	-0.06%
ALSN	B	-0.06%
HRB	D	-0.06%
JNPR	F	-0.06%
BALL	D	-0.06%
RRX	C	-0.06%
RPRX	D	-0.06%
DLTR	D	-0.06%
PR	B	-0.06%
KMX	B	-0.06%
CNH	B	-0.06%
ARMK	A	-0.06%
YUM	B	-0.06%
DOV	A	-0.05%
WYNN	D	-0.05%
CHRW	C	-0.05%
GEHC	F	-0.05%
CFR	B	-0.05%
UDR	B	-0.05%
FYBR	D	-0.05%
GPK	C	-0.05%
GRMN	B	-0.05%
EL	F	-0.05%
HAS	D	-0.05%
FAST	A	-0.05%
BRX	A	-0.05%
MTZ	A	-0.05%
RPM	B	-0.05%
FCNCA	B	-0.05%
DOX	D	-0.05%
ALB	C	-0.05%
ADP	A	-0.05%
MTCH	D	-0.05%
EA	B	-0.05%
RVTY	D	-0.05%
GEN	A	-0.05%
WBA	F	-0.04%
STAG	D	-0.04%
SIRI	C	-0.04%
ACI	C	-0.04%
DVA	A	-0.04%
MMC	A	-0.04%
GEV	B	-0.04%
VFC	B	-0.04%
PRI	A	-0.04%
COLD	D	-0.04%
MSTR	C	-0.04%
ROK	B	-0.04%
NCLH	B	-0.04%
XPO	B	-0.04%
FRT	A	-0.04%
X	C	-0.04%
EHC	A	-0.04%
LAMR	C	-0.04%
AGNC	D	-0.04%
MHK	D	-0.04%
NNN	D	-0.04%
WSM	B	-0.03%
ALLE	D	-0.03%
CACI	D	-0.03%
NTAP	B	-0.03%
VST	B	-0.03%
WAB	A	-0.03%
DCI	A	-0.03%
THG	A	-0.03%
SAIC	F	-0.03%
APG	B	-0.03%
RH	B	-0.03%
ATR	B	-0.03%
ST	D	-0.03%
GAP	C	-0.03%
CBSH	B	-0.03%
TPG	B	-0.03%
FFIV	A	-0.03%
AYI	C	-0.03%
ACM	A	-0.03%
WH	A	-0.03%
CUBE	D	-0.03%
FOX	B	-0.03%
AA	A	-0.03%
PARA	D	-0.03%
TRMB	B	-0.03%
BIO	D	-0.03%
TFX	F	-0.03%
DKS	C	-0.03%
CDW	F	-0.03%
ELAN	F	-0.03%
MCHP	D	-0.03%
SIGI	B	-0.03%
FFIN	B	-0.02%
NWS	B	-0.02%
DHR	D	-0.02%
HUN	F	-0.02%
AXTA	B	-0.02%
SCI	A	-0.02%
CTLT	B	-0.02%
PNR	A	-0.02%
TKO	A	-0.02%
ROIV	B	-0.02%
MKTX	D	-0.02%
HESM	A	-0.02%
PH	A	-0.02%
BXMT	C	-0.02%
XYL	D	-0.02%
REXR	F	-0.02%
LW	C	-0.02%
MTN	C	-0.02%
RL	B	-0.02%
GNTX	C	-0.02%
EVR	B	-0.02%
TNL	B	-0.02%
Z	B	-0.02%
NWL	B	-0.02%
GTES	A	-0.02%
AVY	D	-0.02%
FLS	A	-0.02%
CHD	B	-0.02%
ILMN	C	-0.02%
INVH	D	-0.02%
EEFT	B	-0.02%
FLO	C	-0.02%
CIEN	B	-0.02%
W	F	-0.02%
XRAY	F	-0.02%
WWD	B	-0.02%
CPT	A	-0.02%
SMG	D	-0.02%
ACHC	F	-0.01%
TPX	B	-0.01%
NSA	C	-0.01%
RLI	A	-0.01%
SFM	A	-0.01%
ROP	B	-0.01%
CHE	D	-0.01%
CPAY	A	-0.01%
AMH	C	-0.01%
DLB	B	-0.01%
AME	A	-0.01%
EXP	B	-0.01%
HLI	A	-0.01%
PPC	C	-0.01%
RKT	D	-0.01%
POOL	C	-0.01%
LEVI	D	-0.01%
HUBB	B	-0.01%
LECO	C	-0.01%
BR	A	-0.01%
KBR	D	-0.01%
A	D	-0.01%
GGG	B	-0.01%
LITE	B	-0.01%
IRM	C	-0.01%
AWI	A	-0.01%
BWXT	B	-0.01%
AIT	A	-0.01%
CNM	C	-0.01%
CACC	C	-0.01%
RHP	B	-0.01%
VRSN	C	-0.01%
CSL	B	-0.01%
VMI	A	-0.01%
CLVT	F	-0.01%
CW	B	-0.01%
MAN	D	-0.01%
ZI	D	-0.01%
RUN	F	-0.01%
ELS	B	-0.01%
CHX	C	-0.01%
HXL	D	-0.01%
GME	C	-0.01%
IGT	F	-0.01%
WEN	D	-0.01%
ITT	B	-0.01%
AGR	B	-0.01%
CPRI	F	-0.01%
AAL	B	-0.01%
AVTR	D	-0.01%
GNRC	B	-0.01%
SUI	D	-0.01%
VNO	B	-0.01%
DOCS	C	-0.0%
SEG	B	-0.0%
WMG	C	-0.0%
ZBRA	A	-0.0%
UWMC	D	-0.0%
PCOR	B	-0.0%
SITE	C	-0.0%
EGP	F	-0.0%
CRUS	D	-0.0%
ETSY	C	-0.0%
COKE	C	-0.0%
FR	D	-0.0%
DV	C	-0.0%
IONS	D	-0.0%
QRVO	F	-0.0%
HHH	A	-0.0%
CEG	C	-0.0%
JKHY	D	-0.0%
LBRDA	C	-0.0%
ALTR	B	-0.0%
LANC	C	-0.0%
TSCO	D	-0.0%
AOS	F	-0.0%
TFSL	B	-0.0%
MKSI	C	-0.0%
ARWR	D	-0.0%
CRSP	D	-0.0%
ZG	B	-0.0%