FNDA vs. FAB ETF Comparison

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

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

$31.05

Average Daily Volume

468,164

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

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

$86.82

Average Daily Volume

2,771

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	FAB
30 Days	3.64%	2.81%
60 Days	7.16%	5.55%
90 Days	8.96%	6.57%
12 Months	26.77%	24.30%

310 Overlapping Holdings

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

FNDA Overweight 686 Positions Relative to FAB

Symbol	Grade	Weight
SATS	D	0.46%
RCL	A	0.43%
ANF	C	0.32%
FICO	B	0.32%
UTHR	B	0.32%
SF	A	0.31%
XPO	B	0.3%
COIN	B	0.3%
FLS	B	0.29%
TXRH	A	0.28%
AIT	A	0.27%
SLVM	C	0.27%
VMI	B	0.26%
PLXS	C	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	C	0.25%
BWXT	B	0.24%
SKYW	B	0.24%
RXO	C	0.24%
FIX	B	0.24%
WWD	B	0.24%
GVA	B	0.24%
HEI	A	0.23%
WH	A	0.23%
MOG.A	B	0.23%
CFR	B	0.23%
CBT	C	0.23%
DY	C	0.23%
INCY	B	0.23%
VRT	B	0.23%
CR	B	0.22%
UNIT	C	0.22%
ESI	B	0.22%
LOPE	B	0.22%
TTEK	F	0.22%
DTM	A	0.22%
FRT	B	0.22%
GATX	B	0.22%
VLTO	D	0.22%
CWK	C	0.22%
AWI	B	0.22%
TPC	C	0.22%
VIRT	B	0.21%
CRUS	F	0.21%
MC	B	0.21%
SCCO	F	0.21%
UAA	B	0.21%
FDS	A	0.2%
BIO	C	0.2%
EXEL	B	0.2%
CALM	B	0.2%
CBSH	A	0.2%
NVST	C	0.2%
KNF	C	0.2%
LITE	B	0.2%
AGNC	C	0.19%
ELAN	C	0.19%
KEX	A	0.19%
ENVA	B	0.19%
FCN	F	0.19%
SMG	D	0.19%
ELS	B	0.19%
Z	B	0.19%
TRN	B	0.19%
ATGE	C	0.19%
HLI	B	0.19%
ACIW	B	0.18%
COLD	F	0.18%
ESAB	B	0.18%
BDC	C	0.18%
NYT	C	0.18%
PIPR	B	0.18%
DASH	A	0.18%
SBRA	C	0.18%
MTCH	F	0.18%
RPRX	F	0.18%
EAT	B	0.18%
SSD	F	0.17%
PCH	F	0.17%
ENTG	F	0.17%
MASI	B	0.17%
CSGP	F	0.17%
ONB	B	0.17%
AMH	C	0.17%
CUBE	D	0.17%
TWLO	B	0.17%
HXL	F	0.17%
EEFT	C	0.17%
LNW	F	0.17%
HNI	B	0.17%
APP	B	0.17%
GBCI	B	0.17%
TPL	B	0.17%
SPR	F	0.17%
SPOT	A	0.17%
VYX	B	0.16%
APO	B	0.16%
WYNN	C	0.16%
JBLU	C	0.16%
NOW	A	0.16%
SLG	C	0.16%
SITE	D	0.16%
B	A	0.16%
OLLI	C	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	C	0.15%
SCS	B	0.15%
VEEV	B	0.15%
SXT	B	0.15%
CGNX	C	0.15%
GMED	B	0.15%
NNN	F	0.15%
ARES	B	0.15%
CBRL	C	0.15%
EBS	C	0.15%
CHDN	B	0.15%
OUT	B	0.15%
SLAB	F	0.15%
CEIX	B	0.15%
APAM	B	0.15%
RH	C	0.15%
NOMD	F	0.15%
HE	F	0.15%
SIGI	B	0.15%
COMM	D	0.15%
WMS	F	0.15%
SN	C	0.15%
BCO	F	0.15%
FWRD	C	0.15%
MOD	D	0.15%
IGT	F	0.14%
AROC	B	0.14%
MCY	B	0.14%
APOG	B	0.14%
TROX	F	0.14%
ITRI	B	0.14%
ICUI	D	0.14%
CVLT	B	0.14%
RYI	B	0.14%
APG	C	0.14%
BOH	B	0.14%
BXMT	D	0.14%
YELP	C	0.14%
MKTX	C	0.14%
ROL	C	0.14%
TPG	B	0.14%
PLTR	B	0.14%
TNL	A	0.14%
CROX	F	0.14%
CACC	D	0.14%
KTB	A	0.14%
NEU	C	0.14%
WEN	C	0.14%
DORM	B	0.13%
IDCC	B	0.13%
CNM	D	0.13%
AMED	F	0.13%
SMTC	C	0.13%
COKE	C	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	D	0.13%
EXLS	B	0.13%
CNK	B	0.13%
DBX	B	0.13%
BGC	C	0.13%
H	B	0.13%
HRB	D	0.13%
TYL	B	0.13%
TDC	F	0.13%
VSTO	A	0.13%
PSN	C	0.12%
DHC	F	0.12%
CHX	C	0.12%
NGVT	B	0.12%
ETSY	D	0.12%
VRSN	C	0.12%
ECPG	C	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	C	0.11%
LANC	C	0.11%
MORN	B	0.11%
IBKR	A	0.11%
TECH	D	0.11%
CHE	D	0.11%
SVC	F	0.11%
WSC	F	0.11%
STAG	D	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	A	0.11%
WDAY	B	0.11%
IBOC	B	0.11%
BLD	F	0.11%
HEES	B	0.11%
ORA	B	0.1%
BCPC	B	0.1%
CORT	B	0.1%
ICFI	C	0.1%
PBI	C	0.1%
NHC	B	0.1%
UE	B	0.1%
JACK	C	0.1%
PINS	F	0.1%
IBP	F	0.1%
CPNG	B	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	C	0.1%
PAYC	B	0.1%
BXC	B	0.1%
FR	D	0.1%
ACHC	F	0.1%
HL	D	0.09%
WOR	F	0.09%
DOLE	C	0.09%
NHI	D	0.09%
PRK	B	0.09%
ESE	B	0.09%
STRA	C	0.09%
POWI	D	0.09%
OSIS	B	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	B	0.09%
MGEE	B	0.09%
FFIN	B	0.09%
BOOT	C	0.09%
MGRC	B	0.09%
TW	B	0.09%
KELYA	F	0.09%
ESRT	D	0.09%
PDM	D	0.09%
RHP	B	0.09%
IBTX	B	0.09%
SIRI	C	0.09%
MSA	D	0.09%
AM	B	0.09%
ENR	A	0.09%
OLED	F	0.08%
BKD	F	0.08%
ALGT	B	0.08%
CWT	D	0.08%
TTD	B	0.08%
CSWI	B	0.08%
KN	B	0.08%
WNC	C	0.08%
GNL	F	0.08%
AAON	B	0.08%
PTON	C	0.08%
ATI	F	0.08%
IRDM	B	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	D	0.08%
MD	C	0.08%
SMCI	F	0.08%
DXCM	C	0.08%
KW	C	0.08%
AKR	B	0.08%
CHH	B	0.08%
GFF	B	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	B	0.07%
CNA	C	0.07%
PJT	B	0.07%
IRT	A	0.07%
DLX	B	0.07%
PR	C	0.07%
ERIE	F	0.07%
BMI	B	0.07%
BSIG	B	0.07%
HHH	B	0.07%
ADC	A	0.07%
KOP	C	0.07%
BRC	B	0.07%
EXPI	C	0.07%
CDE	D	0.07%
HQY	B	0.07%
OPEN	F	0.07%
HWKN	C	0.07%
CARG	B	0.07%
SXI	B	0.07%
NMIH	D	0.07%
HALO	C	0.07%
QLYS	B	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	C	0.07%
CAKE	B	0.07%
JJSF	C	0.07%
REVG	B	0.07%
ROAD	B	0.07%
CNS	C	0.07%
CWST	B	0.06%
PSTG	D	0.06%
GTLS	B	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	B	0.06%
AGX	C	0.06%
CTS	C	0.06%
EAF	B	0.06%
MELI	D	0.06%
CWH	C	0.06%
SONO	C	0.06%
GCI	C	0.06%
SABR	B	0.06%
WHD	B	0.06%
TDOC	C	0.06%
ATSG	A	0.06%
BSY	F	0.06%
AWR	C	0.06%
LGF.A	D	0.06%
FORM	F	0.06%
EMBC	C	0.06%
TNC	F	0.06%
TRS	D	0.06%
SCHL	F	0.06%
HURN	B	0.06%
MEDP	D	0.06%
NSA	D	0.06%
CPK	A	0.06%
ELME	D	0.06%
AMRK	F	0.06%
GFS	C	0.06%
HLX	C	0.06%
NBIX	C	0.06%
UIS	B	0.05%
LIVN	C	0.05%
MATV	F	0.05%
AAL	B	0.05%
NEOG	D	0.05%
TRNO	F	0.05%
TOST	A	0.05%
HZO	F	0.05%
VRE	B	0.05%
ACCO	B	0.05%
AY	A	0.05%
BRBR	A	0.05%
CODI	B	0.05%
CNDT	B	0.05%
GTN	F	0.05%
AZTA	F	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	D	0.05%
ICHR	C	0.05%
COHU	C	0.05%
CCO	C	0.05%
KLIC	C	0.05%
NOVT	C	0.05%
CHEF	B	0.05%
SMPL	B	0.05%
COTY	D	0.05%
AXL	C	0.05%
HAIN	F	0.05%
SNBR	F	0.05%
ESGR	B	0.05%
SUPN	C	0.05%
SENEA	B	0.04%
PRA	B	0.04%
ASTH	F	0.04%
NVRI	F	0.04%
GCO	B	0.04%
SFL	D	0.04%
DHT	D	0.04%
CNSL	C	0.04%
ACLS	F	0.04%
ASIX	B	0.04%
ZUMZ	C	0.04%
SWBI	D	0.04%
CPS	C	0.04%
FBRT	C	0.04%
DXPE	B	0.04%
SGRY	F	0.04%
BGS	F	0.04%
INSW	F	0.04%
WING	D	0.04%
PEN	C	0.04%
SFBS	B	0.04%
CMPR	C	0.04%
RGEN	C	0.04%
PUMP	C	0.04%
CSTM	F	0.04%
WFRD	F	0.04%
BZH	B	0.04%
PZZA	D	0.04%
TSE	F	0.04%
GLNG	C	0.04%
EXAS	F	0.04%
AGRO	C	0.04%
VCTR	C	0.04%
LTC	B	0.04%
LKFN	B	0.04%
ENPH	F	0.04%
PRAA	C	0.04%
FCPT	C	0.04%
W	F	0.04%
SNAP	C	0.04%
RDUS	D	0.04%
JBSS	F	0.04%
ZI	C	0.04%
LSCC	D	0.04%
PODD	B	0.04%
HTLD	B	0.04%
HMST	D	0.03%
WOOF	D	0.03%
USNA	C	0.03%
STNE	F	0.03%
MTUS	D	0.03%
RWT	D	0.03%
TBI	F	0.03%
UVE	B	0.03%
CLW	F	0.03%
CNNE	C	0.03%
HSII	B	0.03%
XP	F	0.03%
PEGA	B	0.03%
IHRT	B	0.03%
WRLD	C	0.03%
CRAI	C	0.03%
TKO	D	0.03%
SBLK	D	0.03%
PAGS	F	0.03%
AGM	B	0.03%
ZIMV	F	0.03%
CVGW	C	0.03%
PRVA	B	0.03%
MXL	C	0.03%
PRLB	C	0.03%
CPF	B	0.03%
CTRE	C	0.03%
GDOT	C	0.03%
NUS	C	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	C	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	D	0.03%
WTTR	B	0.03%
CFFN	B	0.03%
LYV	A	0.03%
CARS	B	0.03%
MNRO	B	0.03%
TRTX	B	0.03%
STEP	B	0.03%
SPSC	F	0.03%
VSEC	B	0.03%
SMP	B	0.03%
RKT	F	0.03%
ASTE	B	0.03%
ALRM	C	0.03%
EGBN	B	0.03%
LPG	D	0.03%
IPAR	B	0.03%
GLOB	B	0.03%
AMBC	C	0.02%
FLWS	D	0.02%
NPK	B	0.02%
FIZZ	C	0.02%
ARKO	D	0.02%
BRSP	B	0.02%
KRNY	B	0.02%
DHIL	A	0.02%
ARCO	D	0.02%
DBI	F	0.02%
OPK	B	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	C	0.02%
CMP	C	0.02%
CSR	B	0.02%
TEN	F	0.02%
RUN	F	0.02%
BRY	F	0.02%
IRWD	D	0.02%
AGL	F	0.02%
EDR	B	0.02%
CSV	B	0.02%
WABC	B	0.02%
EBF	C	0.02%
WOW	B	0.02%
KREF	D	0.02%
HVT	F	0.02%
MTW	C	0.02%
UFCS	B	0.02%
WMG	B	0.02%
WASH	B	0.02%
AVO	B	0.02%
HFWA	B	0.02%
DCO	B	0.02%
CNOB	B	0.02%
CLB	C	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	C	0.02%
PFC	B	0.02%
XPRO	F	0.02%
BRKL	B	0.02%
WOLF	F	0.02%
ZEUS	C	0.02%
ALTO	F	0.02%
AHCO	F	0.02%
MATW	C	0.02%
OKTA	C	0.02%
KNSL	C	0.02%
DAC	C	0.02%
ETD	D	0.02%
CMRE	B	0.02%
GDEN	B	0.02%
CALX	F	0.02%
BBSI	B	0.02%
OCFC	B	0.02%
SFIX	B	0.02%
SBSI	B	0.02%
IIIN	C	0.01%
VTOL	B	0.01%
NBHC	B	0.01%
LGND	C	0.01%
LESL	D	0.01%
RILY	F	0.01%
HLNE	B	0.01%
AVD	C	0.01%
MBUU	C	0.01%
PKST	F	0.01%
GPRO	D	0.01%
KE	C	0.01%
GSL	F	0.01%
PETS	B	0.01%
AMSF	B	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	B	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	C	0.01%
OIS	B	0.01%
RGP	D	0.01%
TITN	C	0.01%
CLDT	B	0.01%
PLCE	C	0.01%
PLOW	C	0.01%
USPH	C	0.01%
MEI	F	0.01%
GTY	C	0.01%
CHGG	D	0.0%
PCRX	C	0.0%
SEG	F	0.0%
ALGM	F	0.0%
TWI	F	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	C	0.0%
DNUT	D	0.0%
INMD	B	0.0%
SPWH	F	0.0%
MSBI	B	0.0%
CMTL	F	0.0%
ONEW	D	0.0%
TTEC	F	0.0%
AOSL	D	0.0%
REX	C	0.0%
LXU	C	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%

FNDA Underweight 355 Positions Relative to FAB

Symbol	Grade	Weight
SYF	B	-0.56%
GM	B	-0.54%
DAL	A	-0.52%
STLD	C	-0.51%
PCAR	B	-0.5%
TROW	A	-0.48%
RS	C	-0.48%
NUE	D	-0.47%
CINF	A	-0.47%
HPE	B	-0.46%
FOXA	A	-0.46%
CMCSA	B	-0.46%
CVX	A	-0.46%
COP	C	-0.46%
EOG	A	-0.45%
XOM	B	-0.45%
F	C	-0.45%
AIG	B	-0.45%
T	A	-0.44%
VLO	C	-0.44%
HAL	C	-0.44%
CTRA	B	-0.44%
COF	B	-0.43%
WFC	A	-0.43%
OXY	F	-0.43%
DVN	F	-0.43%
TOL	B	-0.43%
KMI	B	-0.42%
PSX	C	-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	B	-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	C	-0.37%
CTSH	A	-0.37%
OC	A	-0.37%
ALLY	C	-0.37%
SRE	B	-0.37%
SLB	C	-0.36%
FDX	B	-0.36%
KR	A	-0.36%
L	A	-0.36%
ON	F	-0.35%
CNP	B	-0.35%
ZBH	C	-0.35%
XEL	A	-0.35%
ATO	B	-0.35%
CB	C	-0.34%
APTV	F	-0.34%
HIG	C	-0.34%
CF	B	-0.34%
AEE	B	-0.34%
ED	D	-0.33%
EXC	C	-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	A	-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	B	-0.28%
LUV	B	-0.27%
FITB	A	-0.27%
STT	B	-0.27%
TRV	B	-0.27%
DGX	B	-0.26%
NI	A	-0.26%
ULTA	C	-0.26%
JXN	C	-0.26%
AKAM	F	-0.26%
TGT	C	-0.25%
PPL	A	-0.25%
D	D	-0.25%
SYY	D	-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	C	-0.24%
HRL	F	-0.24%
STX	D	-0.24%
AFL	C	-0.24%
DUK	D	-0.24%
EQR	C	-0.24%
DOW	F	-0.23%
BIIB	F	-0.23%
DTE	D	-0.23%
SM	C	-0.23%
OVV	C	-0.23%
BLDR	C	-0.23%
TMHC	B	-0.22%
AMG	B	-0.22%
BBY	C	-0.22%
NOV	C	-0.22%
RJF	A	-0.22%
NFE	F	-0.22%
AL	B	-0.22%
PVH	C	-0.22%
MTG	C	-0.21%
RIOT	C	-0.21%
BWA	B	-0.21%
MUR	D	-0.21%
TAP	B	-0.21%
PBF	F	-0.21%
MTH	D	-0.2%
FMC	F	-0.2%
TPH	C	-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	C	-0.19%
NWSA	B	-0.19%
LEA	F	-0.19%
ASO	F	-0.19%
PNC	B	-0.19%
LNC	B	-0.19%
APA	F	-0.19%
PKG	B	-0.19%
HST	D	-0.18%
RGA	A	-0.18%
PRU	B	-0.18%
DRI	B	-0.18%
DIS	B	-0.18%
CSX	B	-0.18%
CLF	F	-0.18%
M	C	-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	A	-0.18%
SOLV	C	-0.18%
HOG	D	-0.18%
PPG	F	-0.17%
FNF	C	-0.17%
POR	D	-0.17%
ARE	F	-0.17%
NFG	D	-0.17%
NVR	D	-0.17%
JNJ	D	-0.17%
EVRG	A	-0.17%
MOH	F	-0.17%
BBWI	C	-0.17%
BCC	B	-0.17%
TSN	B	-0.17%
AAP	C	-0.17%
DOC	C	-0.17%
WEC	B	-0.17%
PNW	A	-0.17%
GBDC	B	-0.17%
SSNC	C	-0.17%
UHS	D	-0.16%
BFH	B	-0.16%
HSY	F	-0.16%
SANM	C	-0.16%
ZION	B	-0.16%
ARW	F	-0.16%
WLK	F	-0.16%
HUM	D	-0.16%
WCC	B	-0.16%
KBH	D	-0.16%
FE	D	-0.16%
CARR	C	-0.16%
FHN	A	-0.16%
EIX	C	-0.16%
CMS	D	-0.16%
ULH	B	-0.15%
NXST	C	-0.15%
JBL	C	-0.15%
OMF	A	-0.15%
TGNA	B	-0.15%
KDP	C	-0.15%
GIS	F	-0.15%
GPC	D	-0.15%
MDU	D	-0.15%
BTU	C	-0.14%
GT	C	-0.14%
TDS	C	-0.14%
ABG	B	-0.14%
INGR	B	-0.14%
ELV	F	-0.14%
CTOS	B	-0.14%
PAG	B	-0.13%
BERY	D	-0.13%
BC	D	-0.13%
THO	B	-0.13%
PK	C	-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	F	-0.12%
HTZ	C	-0.12%
EMN	D	-0.12%
SPNT	B	-0.12%
AN	C	-0.12%
SON	F	-0.12%
POST	D	-0.12%
SJM	F	-0.12%
LKQ	C	-0.12%
FOR	F	-0.12%
GPOR	B	-0.12%
REZI	A	-0.11%
KSS	D	-0.11%
PII	F	-0.11%
MLI	B	-0.11%
OGN	F	-0.11%
BY	B	-0.11%
WKC	C	-0.11%
ODFL	B	-0.1%
HII	F	-0.1%
NAVI	D	-0.1%
CMA	A	-0.1%
SEIC	A	-0.1%
EQC	C	-0.1%
BECN	B	-0.1%
OMC	A	-0.09%
GD	C	-0.09%
AR	B	-0.09%
ACN	B	-0.09%
LPX	A	-0.09%
UFPI	B	-0.09%
MIDD	D	-0.09%
ADNT	D	-0.09%
KEYS	C	-0.09%
ORI	A	-0.09%
PYPL	A	-0.09%
AIZ	A	-0.09%
SLM	A	-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	D	-0.09%
KNX	C	-0.09%
CMI	A	-0.09%
J	D	-0.09%
MDLZ	F	-0.08%
MCRI	A	-0.08%
WERN	B	-0.08%
HUBG	A	-0.08%
WPC	F	-0.08%
AWK	D	-0.08%
EXPD	C	-0.08%
CI	D	-0.08%
CPB	F	-0.08%
TKR	F	-0.08%
WY	F	-0.08%
FTV	C	-0.08%
UHAL	D	-0.08%
LMT	D	-0.08%
MAS	D	-0.08%
IPG	F	-0.08%
SKX	F	-0.08%
PEP	D	-0.08%
DD	D	-0.08%
HOLX	D	-0.08%
MAA	C	-0.08%
AGCO	F	-0.08%
DAN	D	-0.08%
MDT	D	-0.08%
UPS	C	-0.08%
HD	B	-0.08%
LOW	B	-0.08%
SBUX	B	-0.08%
NDSN	B	-0.08%
CTVA	C	-0.08%
CLX	A	-0.08%
PFG	C	-0.08%
XRX	F	-0.08%
DFH	F	-0.07%
NKE	F	-0.07%
CAG	F	-0.07%
CRI	D	-0.06%
LC	B	-0.06%
ODP	F	-0.05%
BJ	B	-0.05%
DK	D	-0.05%
PFGC	B	-0.05%
TPR	A	-0.05%
RHI	B	-0.05%
JEF	B	-0.05%
GXO	B	-0.05%
EPAM	B	-0.05%
FLR	C	-0.05%
ABM	B	-0.05%
CAR	C	-0.05%
GOGO	C	-0.05%
UPWK	C	-0.04%
FBIN	F	-0.04%
FAF	C	-0.04%
HSIC	F	-0.04%
STWD	C	-0.04%
BPOP	C	-0.04%
MGM	D	-0.04%
SEE	C	-0.04%
CZR	F	-0.04%
TTC	F	-0.04%
AFG	A	-0.04%
LSTR	B	-0.04%
VOYA	B	-0.04%
PRGO	C	-0.04%
MUSA	B	-0.04%
IVZ	B	-0.04%
SHLS	F	-0.03%
MSEX	C	-0.03%
BHF	B	-0.03%
MCW	C	-0.03%
OLPX	D	-0.02%
OI	C	-0.02%
XPEL	B	-0.02%
MSGE	F	-0.02%
CC	C	-0.02%
GNW	B	-0.02%