FAB vs. XTR ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Global X S&P 500 Tail Risk ETF (XTR)

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

$88.95

Average Daily Volume

2,527

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

XTR

Global X S&P 500 Tail Risk ETF

XTR Description

Global X Funds - Global X S&P 500 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Tail Risk Index, by using full replication technique. Global X Funds - Global X S&P 500 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.45

Average Daily Volume

377

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	FAB	XTR
30 Days	6.40%	2.80%
60 Days	5.80%	4.04%
90 Days	6.32%	5.53%
12 Months	27.56%	29.73%

200 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in XTR	Overlap
ACN	C	0.09%	0.46%	0.09%
ADM	D	0.38%	0.05%	0.05%
AEE	A	0.36%	0.05%	0.05%
AEP	D	0.23%	0.09%	0.09%
AFL	B	0.25%	0.11%	0.11%
AIG	B	0.45%	0.1%	0.1%
AIZ	A	0.09%	0.03%	0.03%
AKAM	D	0.22%	0.03%	0.03%
APA	D	0.2%	0.01%	0.01%
APD	A	0.09%	0.14%	0.09%
APTV	D	0.33%	0.03%	0.03%
ARE	D	0.16%	0.03%	0.03%
ATO	A	0.36%	0.04%	0.04%
AWK	D	0.08%	0.05%	0.05%
BAC	A	0.3%	0.61%	0.3%
BBY	D	0.23%	0.03%	0.03%
BEN	C	0.18%	0.01%	0.01%
BG	F	0.4%	0.02%	0.02%
BIIB	F	0.22%	0.05%	0.05%
BKR	B	0.3%	0.09%	0.09%
BLDR	D	0.24%	0.04%	0.04%
BWA	D	0.2%	0.02%	0.02%
C	A	0.38%	0.26%	0.26%
CAG	D	0.07%	0.02%	0.02%
CARR	D	0.16%	0.12%	0.12%
CB	C	0.35%	0.23%	0.23%
CE	F	0.24%	0.01%	0.01%
CF	B	0.35%	0.04%	0.04%
CFG	B	0.4%	0.04%	0.04%
CHTR	C	0.31%	0.07%	0.07%
CI	F	0.08%	0.18%	0.08%
CINF	A	0.48%	0.05%	0.05%
CLX	B	0.09%	0.04%	0.04%
CMCSA	B	0.45%	0.33%	0.33%
CMI	A	0.1%	0.11%	0.1%
CMS	C	0.17%	0.04%	0.04%
CNC	D	0.27%	0.06%	0.06%
CNP	B	0.36%	0.04%	0.04%
COF	B	0.43%	0.13%	0.13%
COP	C	0.47%	0.26%	0.26%
CPB	D	0.08%	0.02%	0.02%
CRL	C	0.09%	0.01%	0.01%
CSCO	B	0.19%	0.46%	0.19%
CSX	B	0.18%	0.14%	0.14%
CTRA	B	0.46%	0.04%	0.04%
CTSH	B	0.37%	0.08%	0.08%
CTVA	C	0.08%	0.08%	0.08%
CVS	D	0.38%	0.14%	0.14%
CVX	A	0.48%	0.55%	0.48%
CZR	F	0.04%	0.02%	0.02%
D	C	0.25%	0.09%	0.09%
DAL	C	0.56%	0.09%	0.09%
DD	D	0.08%	0.07%	0.07%
DE	A	0.24%	0.21%	0.21%
DG	F	0.32%	0.03%	0.03%
DGX	A	0.26%	0.03%	0.03%
DHI	D	0.3%	0.1%	0.1%
DIS	B	0.2%	0.39%	0.2%
DOC	D	0.16%	0.03%	0.03%
DOW	F	0.21%	0.06%	0.06%
DRI	B	0.18%	0.04%	0.04%
DTE	C	0.24%	0.05%	0.05%
DUK	C	0.24%	0.17%	0.17%
DVN	F	0.44%	0.05%	0.05%
EBAY	D	0.24%	0.06%	0.06%
ED	D	0.32%	0.07%	0.07%
EG	C	0.41%	0.04%	0.04%
EIX	B	0.16%	0.06%	0.06%
ELV	F	0.14%	0.18%	0.14%
EMN	D	0.12%	0.02%	0.02%
EOG	A	0.48%	0.15%	0.15%
EPAM	C	0.05%	0.04%	0.04%
EQR	B	0.25%	0.05%	0.05%
EQT	B	0.41%	0.05%	0.05%
ETR	B	0.39%	0.07%	0.07%
EVRG	A	0.17%	0.02%	0.02%
EXC	C	0.33%	0.08%	0.08%
EXPD	D	0.08%	0.04%	0.04%
F	C	0.46%	0.09%	0.09%
FANG	D	0.37%	0.07%	0.07%
FDX	B	0.37%	0.12%	0.12%
FE	C	0.16%	0.05%	0.05%
FITB	A	0.28%	0.06%	0.06%
FMC	D	0.18%	0.02%	0.02%
FOXA	B	0.49%	0.03%	0.03%
FTV	C	0.08%	0.05%	0.05%
GD	F	0.08%	0.15%	0.08%
GIS	D	0.15%	0.07%	0.07%
GL	B	0.13%	0.01%	0.01%
GM	B	0.56%	0.13%	0.13%
GPC	D	0.15%	0.03%	0.03%
HAL	C	0.45%	0.05%	0.05%
HBAN	A	0.42%	0.05%	0.05%
HD	A	0.09%	0.81%	0.09%
HIG	B	0.35%	0.07%	0.07%
HII	D	0.1%	0.02%	0.02%
HOLX	D	0.08%	0.03%	0.03%
HPE	B	0.46%	0.05%	0.05%
HPQ	B	0.18%	0.06%	0.06%
HRL	D	0.24%	0.02%	0.02%
HSIC	B	0.04%	0.01%	0.01%
HST	C	0.17%	0.02%	0.02%
HSY	F	0.16%	0.05%	0.05%
HUM	C	0.16%	0.06%	0.06%
IEX	B	0.09%	0.03%	0.03%
INTC	D	0.37%	0.21%	0.21%
IP	B	0.3%	0.04%	0.04%
IPG	D	0.08%	0.02%	0.02%
IVZ	B	0.04%	0.02%	0.02%
J	F	0.09%	0.03%	0.03%
JBHT	C	0.19%	0.03%	0.03%
JBL	B	0.14%	0.03%	0.03%
JNJ	D	0.16%	0.73%	0.16%
KDP	D	0.16%	0.08%	0.08%
KEY	B	0.2%	0.04%	0.04%
KEYS	A	0.08%	0.05%	0.05%
KHC	F	0.23%	0.05%	0.05%
KIM	A	0.19%	0.03%	0.03%
KMI	A	0.42%	0.1%	0.1%
KR	B	0.36%	0.08%	0.08%
L	A	0.37%	0.03%	0.03%
LEN	D	0.4%	0.08%	0.08%
LH	C	0.09%	0.03%	0.03%
LHX	C	0.09%	0.09%	0.09%
LKQ	D	0.13%	0.02%	0.02%
LMT	D	0.08%	0.22%	0.08%
LNT	A	0.25%	0.03%	0.03%
LOW	D	0.08%	0.31%	0.08%
LUV	C	0.28%	0.04%	0.04%
LYB	F	0.38%	0.04%	0.04%
MAA	B	0.08%	0.04%	0.04%
MAS	D	0.08%	0.04%	0.04%
MDLZ	F	0.08%	0.17%	0.08%
MDT	D	0.08%	0.22%	0.08%
MGM	D	0.04%	0.02%	0.02%
MOH	F	0.16%	0.03%	0.03%
MOS	F	0.17%	0.02%	0.02%
MPC	D	0.42%	0.11%	0.11%
MS	A	0.32%	0.32%	0.32%
MTB	A	0.31%	0.07%	0.07%
NDSN	B	0.08%	0.03%	0.03%
NI	A	0.27%	0.03%	0.03%
NKE	D	0.07%	0.18%	0.07%
NUE	C	0.43%	0.07%	0.07%
NWSA	B	0.19%	0.02%	0.02%
ODFL	B	0.1%	0.09%	0.09%
OKE	A	0.21%	0.13%	0.13%
OMC	C	0.09%	0.04%	0.04%
ON	D	0.32%	0.06%	0.06%
OXY	D	0.43%	0.07%	0.07%
PCAR	B	0.51%	0.11%	0.11%
PEP	F	0.08%	0.45%	0.08%
PFG	D	0.09%	0.04%	0.04%
PHM	D	0.39%	0.05%	0.05%
PKG	A	0.19%	0.04%	0.04%
PNC	B	0.2%	0.16%	0.16%
PNW	B	0.18%	0.02%	0.02%
PPG	F	0.16%	0.05%	0.05%
PPL	B	0.26%	0.05%	0.05%
PRU	A	0.18%	0.09%	0.09%
PSX	C	0.43%	0.11%	0.11%
PYPL	B	0.09%	0.18%	0.09%
RF	A	0.29%	0.05%	0.05%
RJF	A	0.23%	0.05%	0.05%
SBUX	A	0.09%	0.22%	0.09%
SJM	D	0.12%	0.02%	0.02%
SLB	C	0.36%	0.13%	0.13%
SNA	A	0.32%	0.04%	0.04%
SOLV	C	0.17%	0.02%	0.02%
SRE	A	0.38%	0.11%	0.11%
STLD	B	0.48%	0.04%	0.04%
STT	A	0.27%	0.06%	0.06%
STX	D	0.23%	0.04%	0.04%
SWKS	F	0.3%	0.03%	0.03%
SYF	B	0.57%	0.05%	0.05%
SYY	B	0.24%	0.07%	0.07%
T	A	0.44%	0.32%	0.32%
TAP	C	0.23%	0.03%	0.03%
TDY	B	0.28%	0.04%	0.04%
TGT	F	0.25%	0.14%	0.14%
TPR	B	0.05%	0.02%	0.02%
TROW	B	0.48%	0.05%	0.05%
TRV	B	0.28%	0.11%	0.11%
TSN	B	0.19%	0.04%	0.04%
TXT	D	0.25%	0.04%	0.04%
UAL	A	0.7%	0.05%	0.05%
UHS	D	0.15%	0.03%	0.03%
ULTA	F	0.25%	0.04%	0.04%
UPS	C	0.08%	0.19%	0.08%
USB	A	0.28%	0.16%	0.16%
VLO	C	0.45%	0.09%	0.09%
VTRS	A	0.38%	0.03%	0.03%
VZ	C	0.32%	0.34%	0.32%
WEC	A	0.17%	0.06%	0.06%
WFC	A	0.45%	0.49%	0.45%
WRB	A	0.09%	0.03%	0.03%
WY	D	0.08%	0.05%	0.05%
XEL	A	0.37%	0.07%	0.07%
XOM	B	0.45%	1.06%	0.45%
ZBH	C	0.35%	0.05%	0.05%

FAB Overweight 465 Positions Relative to XTR

Symbol	Grade	Weight
RS	B	0.47%
TOL	B	0.43%
LNG	B	0.41%
OC	A	0.39%
CRBG	B	0.37%
ALLY	C	0.36%
MTDR	B	0.26%
AGO	B	0.25%
NOG	A	0.25%
OVV	B	0.25%
CNX	A	0.25%
JXN	C	0.24%
SM	B	0.24%
OSK	B	0.24%
HP	B	0.24%
AMG	B	0.23%
ATKR	C	0.23%
PTEN	C	0.23%
CMC	B	0.23%
AL	B	0.23%
AMR	C	0.22%
TMHC	B	0.22%
CHRD	D	0.22%
PBF	D	0.22%
NFE	D	0.22%
URBN	C	0.22%
NOV	C	0.22%
CIVI	D	0.22%
PVH	C	0.22%
HCC	B	0.22%
DINO	D	0.21%
CADE	B	0.21%
ZM	B	0.21%
MTG	C	0.21%
UNM	A	0.21%
CXW	B	0.21%
MUR	D	0.21%
RDN	C	0.21%
TEX	D	0.21%
LBRT	D	0.2%
R	B	0.2%
G	B	0.2%
RIOT	C	0.2%
MATX	C	0.2%
RUSHA	C	0.2%
LBRDK	C	0.2%
UGI	A	0.2%
TPH	D	0.2%
LAD	A	0.2%
RNR	C	0.2%
ESNT	D	0.19%
RRC	B	0.19%
LEA	D	0.19%
MTH	D	0.19%
DAR	C	0.19%
LNC	B	0.19%
OZK	B	0.19%
CNO	A	0.19%
MGY	A	0.19%
JAZZ	B	0.19%
DDS	B	0.19%
MHO	D	0.19%
KRC	C	0.18%
OTTR	C	0.18%
GBDC	C	0.18%
HRI	B	0.18%
BKH	A	0.18%
ADTN	A	0.18%
DXC	B	0.18%
COOP	B	0.18%
ASO	F	0.18%
AAP	C	0.18%
HOG	D	0.18%
RGA	A	0.18%
GPI	A	0.18%
POR	C	0.17%
WBS	A	0.17%
NVR	D	0.17%
CNXC	F	0.17%
FHN	A	0.17%
AVT	C	0.17%
SR	A	0.17%
BBWI	D	0.17%
M	D	0.17%
BCC	B	0.17%
FNF	B	0.17%
NFG	A	0.17%
SSNC	B	0.17%
MDU	D	0.16%
KBH	D	0.16%
WCC	B	0.16%
BMBL	C	0.16%
SUM	B	0.16%
GBX	A	0.16%
ZION	B	0.16%
SIG	B	0.16%
BYD	C	0.15%
AMKR	D	0.15%
SANM	B	0.15%
CTOS	C	0.15%
ECVT	C	0.15%
WLK	D	0.15%
CUBI	C	0.15%
BFH	B	0.15%
JBT	B	0.15%
ARW	D	0.15%
OMF	A	0.15%
FNB	A	0.15%
ALK	C	0.15%
COLB	A	0.15%
CLF	F	0.15%
HTZ	C	0.15%
RIG	D	0.14%
BERY	B	0.14%
KMT	B	0.14%
EIG	B	0.14%
WHR	B	0.14%
AXS	A	0.14%
TALO	C	0.14%
DNOW	B	0.14%
INGR	B	0.14%
ULH	B	0.14%
PINC	B	0.14%
ABG	B	0.14%
GMS	B	0.14%
TGNA	B	0.14%
VTLE	C	0.14%
VLY	B	0.14%
CABO	C	0.14%
REZI	A	0.13%
GIII	D	0.13%
VAC	B	0.13%
WS	B	0.13%
BTU	B	0.13%
KOS	F	0.13%
CRGY	B	0.13%
SPNT	A	0.13%
IART	C	0.13%
THO	B	0.13%
OGS	A	0.13%
PAG	B	0.13%
PK	B	0.13%
NXST	C	0.13%
APLE	B	0.13%
RLJ	C	0.13%
TDS	B	0.13%
GT	C	0.13%
GPOR	B	0.13%
OGE	B	0.13%
HELE	C	0.13%
SWX	B	0.13%
GEF	A	0.13%
RES	D	0.12%
ASH	D	0.12%
BY	B	0.12%
ZD	C	0.12%
PEBO	A	0.12%
PRDO	B	0.12%
SON	D	0.12%
AVA	A	0.12%
TRMK	B	0.12%
EPC	D	0.12%
VC	D	0.12%
POST	C	0.12%
AN	C	0.12%
INDB	B	0.12%
IMKTA	C	0.12%
SHO	C	0.12%
ENS	D	0.12%
PARR	D	0.12%
PLAB	C	0.12%
INVA	D	0.12%
SNX	C	0.12%
BC	C	0.12%
UVV	B	0.12%
AEO	F	0.11%
VSH	D	0.11%
MRC	B	0.11%
CCS	D	0.11%
WMK	C	0.11%
SEB	F	0.11%
KSS	F	0.11%
SAH	A	0.11%
DBRG	F	0.11%
WKC	D	0.11%
USM	B	0.11%
PHIN	A	0.11%
EBC	B	0.11%
OLN	D	0.11%
GHC	C	0.11%
FOR	F	0.11%
CAL	D	0.11%
WU	D	0.11%
FFBC	A	0.11%
NWE	B	0.1%
CRC	B	0.1%
ABCB	B	0.1%
ABR	C	0.1%
OEC	C	0.1%
MLKN	D	0.1%
NAVI	C	0.1%
IDA	A	0.1%
PRG	C	0.1%
PB	A	0.1%
UBSI	B	0.1%
EQC	B	0.1%
NWN	A	0.1%
VNT	B	0.1%
LZB	B	0.1%
BV	B	0.1%
CENTA	C	0.1%
HWC	B	0.1%
LADR	B	0.1%
BECN	B	0.1%
CMA	A	0.1%
SBH	C	0.1%
GEO	B	0.1%
CVI	F	0.1%
SEIC	B	0.1%
HGV	B	0.1%
SCSC	B	0.1%
VSCO	B	0.1%
HOV	D	0.1%
DRH	B	0.1%
CMCO	B	0.1%
OGN	D	0.1%
WTFC	A	0.1%
PII	D	0.1%
AMWD	C	0.1%
GES	F	0.1%
MLI	C	0.1%
FRME	B	0.09%
WTRG	B	0.09%
TNET	D	0.09%
MSM	C	0.09%
FIVE	F	0.09%
PFBC	B	0.09%
UFPI	B	0.09%
ALKS	B	0.09%
KFY	B	0.09%
COLM	B	0.09%
WSBC	A	0.09%
CATY	B	0.09%
CRK	B	0.09%
JWN	C	0.09%
SLGN	A	0.09%
SASR	B	0.09%
CASH	A	0.09%
BNL	D	0.09%
PDCO	D	0.09%
KNX	B	0.09%
PLYA	B	0.09%
ADNT	F	0.09%
CUZ	B	0.09%
LPX	B	0.09%
PNM	F	0.09%
BANR	B	0.09%
SLM	A	0.09%
ORI	A	0.09%
AR	B	0.09%
CVBF	A	0.09%
ANDE	D	0.09%
ACA	A	0.09%
VSTS	C	0.09%
BOKF	B	0.09%
HIW	D	0.09%
BUSE	B	0.08%
ARCB	C	0.08%
WPC	D	0.08%
MODG	F	0.08%
WERN	C	0.08%
WGO	C	0.08%
TKR	D	0.08%
REYN	D	0.08%
MCRI	A	0.08%
PTVE	B	0.08%
SNDR	B	0.08%
ALG	B	0.08%
DAN	D	0.08%
HOPE	B	0.08%
SKX	D	0.08%
FIBK	A	0.08%
FCF	A	0.08%
SRCE	B	0.08%
HUBG	A	0.08%
NX	C	0.08%
XRX	F	0.08%
LAUR	A	0.08%
BKE	B	0.08%
AGCO	D	0.08%
BKU	A	0.08%
TCBK	B	0.08%
VBTX	B	0.08%
KALU	C	0.08%
WSFS	A	0.08%
HY	D	0.08%
RNST	B	0.08%
SFNC	B	0.08%
MIDD	C	0.08%
EFSC	B	0.08%
VRTS	B	0.08%
FULT	A	0.08%
ASGN	F	0.08%
TTMI	B	0.07%
LC	A	0.07%
LILAK	D	0.07%
SJW	D	0.07%
PEB	D	0.07%
MRTN	C	0.07%
SPB	C	0.07%
UNF	B	0.07%
KLG	C	0.07%
IPGP	D	0.07%
DIOD	D	0.07%
XHR	B	0.07%
UHAL	D	0.07%
MMS	F	0.07%
SBCF	A	0.06%
GOGO	C	0.06%
FBNC	A	0.06%
CSGS	B	0.06%
AMN	F	0.06%
FHI	A	0.06%
PBH	A	0.06%
OMI	F	0.06%
KAR	B	0.06%
DFH	D	0.06%
NIC	B	0.06%
SNEX	B	0.06%
HMN	B	0.06%
FHB	A	0.06%
CRI	D	0.06%
CAR	C	0.06%
GRBK	D	0.06%
ASB	B	0.06%
SCVL	F	0.06%
VSAT	F	0.06%
SSTK	F	0.06%
LGIH	D	0.06%
AFG	A	0.05%
BJ	A	0.05%
WAL	B	0.05%
ROG	D	0.05%
PATK	D	0.05%
FLR	B	0.05%
ALIT	C	0.05%
DFIN	D	0.05%
SEM	B	0.05%
DEA	D	0.05%
DNB	B	0.05%
MUSA	A	0.05%
SHEN	F	0.05%
THRM	D	0.05%
YETI	C	0.05%
LCII	C	0.05%
PFGC	B	0.05%
SSB	B	0.05%
PSMT	C	0.05%
UCB	A	0.05%
RHI	B	0.05%
SYNA	C	0.05%
AUB	B	0.05%
OFG	B	0.05%
SCL	C	0.05%
CXT	B	0.05%
ARI	C	0.05%
ALEX	C	0.05%
GXO	B	0.05%
LNN	B	0.05%
KWR	C	0.05%
HTH	B	0.05%
STBA	B	0.05%
UMBF	B	0.05%
DK	C	0.05%
ROCK	C	0.05%
GO	C	0.05%
JEF	A	0.05%
ABM	B	0.05%
ENOV	C	0.05%
MTX	B	0.05%
WAFD	B	0.05%
TOWN	B	0.05%
HLF	C	0.05%
IOSP	B	0.05%
BHE	B	0.05%
PNFP	B	0.05%
NWBI	B	0.05%
UPWK	B	0.04%
MYRG	B	0.04%
FBIN	D	0.04%
NSP	D	0.04%
IAC	D	0.04%
FOXF	F	0.04%
AVNS	F	0.04%
RYN	D	0.04%
LFUS	F	0.04%
TTC	D	0.04%
WD	D	0.04%
FUL	F	0.04%
BPOP	B	0.04%
STWD	C	0.04%
SEE	C	0.04%
FAF	A	0.04%
ODP	F	0.04%
LSTR	D	0.04%
MAT	D	0.04%
NJR	A	0.04%
AVNT	B	0.04%
FELE	B	0.04%
SKY	A	0.04%
WTS	B	0.04%
PRGO	B	0.04%
VOYA	B	0.04%
AIR	B	0.03%
HAYW	B	0.03%
SAFT	C	0.03%
MTRN	C	0.03%
XPEL	C	0.03%
DEI	B	0.03%
HLIO	B	0.03%
GNW	A	0.03%
IVT	B	0.03%
CVCO	A	0.03%
PPBI	B	0.03%
ROIC	A	0.03%
SAM	C	0.03%
NBTB	B	0.03%
FDP	B	0.03%
BHF	B	0.03%
BHLB	B	0.03%
PFS	B	0.03%
CBU	B	0.03%
FBK	B	0.03%
MCW	B	0.03%
MGPI	F	0.03%
TCBI	B	0.03%
OPCH	D	0.03%
OLPX	D	0.02%
BLMN	F	0.02%
PLUS	F	0.02%
GIC	D	0.02%
GPRE	F	0.02%
JBGS	D	0.02%
OXM	D	0.02%
CWEN	C	0.02%
SHOO	D	0.02%
AIN	C	0.02%
MSGE	F	0.02%
LXP	D	0.02%
RC	D	0.02%
CMTG	F	0.02%
SHLS	F	0.02%
CNXN	C	0.02%
CC	C	0.02%
NVEE	F	0.02%
KFRC	D	0.02%
NNI	D	0.02%
STC	B	0.02%
NMRK	B	0.02%
CNMD	C	0.02%
OI	C	0.02%
MSEX	B	0.02%
UPBD	B	0.02%
EVTC	B	0.02%
PGRE	F	0.02%

FAB Underweight 298 Positions Relative to XTR

Symbol	Grade	Weight
NVDA	C	-7.17%
AAPL	C	-6.89%
MSFT	F	-6.31%
AMZN	C	-3.93%
META	D	-2.51%
GOOGL	C	-2.04%
TSLA	B	-1.72%
BRK.A	B	-1.7%
GOOG	C	-1.69%
AVGO	D	-1.57%
JPM	A	-1.37%
LLY	F	-1.24%
UNH	C	-1.09%
V	A	-1.02%
MA	C	-0.86%
COST	B	-0.8%
PG	A	-0.78%
WMT	A	-0.73%
NFLX	A	-0.72%
CRM	B	-0.63%
ORCL	B	-0.6%
ABBV	D	-0.59%
MRK	F	-0.49%
ADBE	C	-0.48%
KO	D	-0.48%
AMD	F	-0.45%
MCD	D	-0.44%
LIN	D	-0.44%
NOW	A	-0.43%
TMO	F	-0.4%
ABT	B	-0.4%
IBM	C	-0.39%
INTU	C	-0.39%
PM	B	-0.39%
GS	A	-0.38%
CAT	B	-0.38%
TXN	C	-0.38%
GE	D	-0.38%
ISRG	A	-0.38%
BKNG	A	-0.37%
QCOM	F	-0.36%
AXP	A	-0.34%
SPGI	C	-0.33%
RTX	C	-0.32%
DHR	F	-0.31%
PGR	A	-0.31%
NEE	D	-0.31%
AMGN	D	-0.31%
AMAT	F	-0.31%
PFE	D	-0.3%
ETN	A	-0.29%
UNP	C	-0.29%
HON	B	-0.29%
UBER	D	-0.29%
SYK	C	-0.27%
TJX	A	-0.27%
BLK	C	-0.27%
BX	A	-0.26%
BSX	B	-0.26%
ADP	B	-0.25%
PANW	C	-0.25%
VRTX	F	-0.25%
PLTR	B	-0.24%
FI	A	-0.24%
SCHW	B	-0.24%
BMY	B	-0.24%
GILD	C	-0.23%
TMUS	B	-0.23%
PLD	D	-0.22%
MMC	B	-0.22%
MU	D	-0.22%
BA	F	-0.21%
ADI	D	-0.21%
LRCX	F	-0.2%
KKR	A	-0.2%
ANET	C	-0.19%
SO	D	-0.19%
REGN	F	-0.18%
ICE	C	-0.18%
AMT	D	-0.18%
PH	A	-0.18%
TT	A	-0.18%
MO	A	-0.18%
MSI	B	-0.17%
CME	A	-0.17%
EQIX	A	-0.17%
KLAC	D	-0.17%
AON	A	-0.17%
GEV	B	-0.17%
APH	A	-0.17%
SHW	A	-0.17%
CRWD	B	-0.16%
ZTS	D	-0.16%
WM	A	-0.16%
CDNS	B	-0.16%
CMG	B	-0.16%
MCK	B	-0.16%
MCO	B	-0.16%
SNPS	B	-0.16%
EMR	A	-0.15%
CTAS	B	-0.15%
CL	D	-0.15%
WELL	A	-0.15%
BDX	F	-0.14%
MAR	B	-0.14%
ORLY	B	-0.14%
ITW	B	-0.14%
TDG	D	-0.14%
CEG	D	-0.14%
MMM	D	-0.14%
ADSK	A	-0.13%
FCX	D	-0.13%
TFC	A	-0.13%
ROP	B	-0.13%
URI	B	-0.13%
HCA	F	-0.13%
ECL	D	-0.13%
HLT	A	-0.13%
NOC	D	-0.13%
AJG	B	-0.13%
WMB	A	-0.13%
ABNB	C	-0.12%
BK	A	-0.12%
FTNT	C	-0.12%
AZO	C	-0.12%
JCI	C	-0.12%
AMP	A	-0.11%
SPG	B	-0.11%
NXPI	D	-0.11%
NSC	B	-0.11%
RCL	A	-0.11%
ALL	A	-0.1%
FAST	B	-0.1%
MET	A	-0.1%
NEM	D	-0.1%
FIS	C	-0.1%
O	D	-0.1%
PAYX	C	-0.1%
VST	B	-0.1%
CPRT	A	-0.1%
PSA	D	-0.1%
DLR	B	-0.1%
PWR	A	-0.09%
VRSK	A	-0.09%
TRGP	B	-0.09%
RSG	A	-0.09%
PCG	A	-0.09%
FICO	B	-0.09%
AME	A	-0.09%
PEG	A	-0.09%
GWW	B	-0.09%
ROST	C	-0.09%
MSCI	C	-0.09%
DFS	B	-0.09%
CCI	D	-0.09%
HWM	A	-0.09%
ACGL	D	-0.08%
DELL	C	-0.08%
IQV	D	-0.08%
YUM	B	-0.08%
IR	B	-0.08%
MNST	C	-0.08%
A	D	-0.08%
CBRE	B	-0.08%
EW	C	-0.08%
EA	A	-0.08%
IT	C	-0.08%
HES	B	-0.08%
STZ	D	-0.08%
COR	B	-0.08%
OTIS	C	-0.08%
KVUE	A	-0.08%
KMB	D	-0.08%
GEHC	F	-0.07%
MLM	B	-0.07%
WAB	B	-0.07%
EXR	D	-0.07%
AXON	A	-0.07%
EFX	F	-0.07%
RMD	C	-0.07%
MCHP	D	-0.07%
GLW	B	-0.07%
VMC	B	-0.07%
LULU	C	-0.07%
NDAQ	A	-0.06%
DXCM	D	-0.06%
CHD	B	-0.06%
WTW	B	-0.06%
CSGP	D	-0.06%
CAH	B	-0.06%
AVB	B	-0.06%
GPN	B	-0.06%
TTWO	A	-0.06%
VICI	C	-0.06%
GRMN	B	-0.06%
IDXX	F	-0.06%
IRM	D	-0.06%
MPWR	F	-0.06%
ESS	B	-0.05%
TYL	B	-0.05%
MTD	D	-0.05%
CDW	F	-0.05%
VTR	C	-0.05%
GDDY	A	-0.05%
SBAC	D	-0.05%
HUBB	B	-0.05%
XYL	D	-0.05%
PTC	A	-0.05%
VLTO	D	-0.05%
WST	C	-0.05%
ANSS	B	-0.05%
CCL	B	-0.05%
TSCO	D	-0.05%
SW	A	-0.05%
DOV	A	-0.05%
BRO	B	-0.05%
ROK	B	-0.05%
NTRS	A	-0.04%
FFIV	B	-0.04%
FDS	B	-0.04%
INVH	D	-0.04%
NRG	B	-0.04%
WDC	D	-0.04%
PODD	C	-0.04%
BALL	D	-0.04%
DECK	A	-0.04%
POOL	C	-0.04%
IFF	D	-0.04%
EXPE	B	-0.04%
STE	F	-0.04%
CPAY	A	-0.04%
WAT	B	-0.04%
K	A	-0.04%
BR	A	-0.04%
ES	D	-0.04%
FSLR	F	-0.04%
WBD	C	-0.04%
LDOS	C	-0.04%
NTAP	C	-0.04%
ZBRA	B	-0.04%
RVTY	F	-0.03%
UDR	B	-0.03%
EL	F	-0.03%
MRNA	F	-0.03%
DLTR	F	-0.03%
CBOE	B	-0.03%
MKTX	D	-0.03%
AVY	D	-0.03%
AMCR	D	-0.03%
MRO	B	-0.03%
PNR	A	-0.03%
TRMB	B	-0.03%
TER	D	-0.03%
JKHY	D	-0.03%
GEN	B	-0.03%
DPZ	C	-0.03%
LVS	C	-0.03%
MKC	D	-0.03%
LYV	A	-0.03%
BAX	D	-0.03%
ERIE	D	-0.02%
AES	F	-0.02%
MTCH	D	-0.02%
PAYC	B	-0.02%
NCLH	B	-0.02%
CPT	B	-0.02%
ENPH	F	-0.02%
ALB	C	-0.02%
SMCI	F	-0.02%
VRSN	F	-0.02%
BXP	D	-0.02%
CHRW	C	-0.02%
GNRC	B	-0.02%
MHK	D	-0.02%
LW	C	-0.02%
FRT	B	-0.02%
TECH	D	-0.02%
REG	B	-0.02%
CTLT	B	-0.02%
SWK	D	-0.02%
ROL	B	-0.02%
DAY	B	-0.02%
INCY	C	-0.02%
KMX	B	-0.02%
RL	B	-0.02%
JNPR	F	-0.02%
ALGN	D	-0.02%
FOX	A	-0.01%
ALLE	D	-0.01%
PARA	C	-0.01%
DVA	B	-0.01%
HAS	D	-0.01%
QRVO	F	-0.01%
WBA	F	-0.01%
AOS	F	-0.01%
WYNN	D	-0.01%
TFX	F	-0.01%
NWS	B	-0.0%