FNDA vs. FAS ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Direxion Financial Bull 3X Shares (FAS)
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

$60.01

Average Daily Volume

274,687

Number of Holdings *

996

* may have additional holdings in another (foreign) market
FAS

Direxion Financial Bull 3X Shares

FAS Description The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$132.18

Average Daily Volume

771,141

Number of Holdings *

70

* may have additional holdings in another (foreign) market
Performance
Period FNDA FAS
30 Days 2.18% 6.78%
60 Days 1.67% 13.05%
90 Days 8.44% 24.63%
12 Months 20.65% 91.08%
2 Overlapping Holdings
Symbol Grade Weight in FNDA Weight in FAS Overlap
FDS C 0.19% 0.18% 0.18%
MKTX C 0.14% 0.11% 0.11%
FNDA Overweight 994 Positions Relative to FAS
Symbol Grade Weight
SATS B 0.54%
ANF D 0.43%
RCL B 0.41%
FICO A 0.35%
UTHR C 0.33%
CRUS D 0.33%
DY B 0.3%
OHI A 0.29%
KMPR D 0.28%
MHO B 0.28%
CLH B 0.28%
COIN F 0.28%
TPC C 0.28%
BKU C 0.28%
GME F 0.27%
PRG B 0.27%
RDN B 0.27%
WAL B 0.27%
SLVM B 0.27%
VLTO C 0.27%
WWD D 0.26%
FRT C 0.26%
SWX C 0.26%
TXRH D 0.26%
MAC B 0.26%
HCC F 0.25%
CRS B 0.25%
FLS D 0.25%
SPOT B 0.25%
TTEK C 0.25%
HEI B 0.25%
BKH B 0.24%
AGNC A 0.24%
SPB B 0.24%
XPO D 0.24%
HIW B 0.24%
SPR D 0.24%
SF A 0.24%
SEM D 0.23%
LNW B 0.23%
DHC B 0.23%
CBT B 0.23%
FCN C 0.23%
RXO D 0.23%
GEO F 0.23%
ELS C 0.23%
UAL B 0.23%
CCS B 0.22%
VMI D 0.22%
COOP B 0.22%
BHE C 0.22%
COLD D 0.22%
PB B 0.22%
FIX B 0.22%
ELAN D 0.22%
AVNT B 0.22%
GATX D 0.22%
PLXS B 0.22%
VIRT B 0.22%
AIT C 0.22%
BWXT D 0.22%
MOG.A B 0.22%
GVA B 0.22%
AGO C 0.22%
STC B 0.21%
RNR B 0.21%
DBRG D 0.21%
CWK B 0.21%
SRCL A 0.21%
FNB D 0.21%
EBS D 0.21%
DEI B 0.21%
SN B 0.21%
UNIT C 0.21%
AWI B 0.21%
SCCO D 0.21%
ESI D 0.21%
CUBE B 0.21%
LOPE D 0.21%
KFY B 0.21%
DTM B 0.2%
RPRX C 0.2%
SR B 0.2%
FDP B 0.2%
NNN B 0.2%
ACHC C 0.2%
Z B 0.2%
KEX C 0.2%
CBSH C 0.2%
GIII C 0.2%
CUZ B 0.2%
AMKR F 0.2%
SMCI F 0.2%
CR C 0.2%
ENS C 0.2%
IDA B 0.2%
CROX C 0.2%
GHC C 0.2%
KRC B 0.2%
AMH C 0.2%
SBRA B 0.2%
SMG C 0.2%
OLLI C 0.19%
FHB C 0.19%
MAT C 0.19%
ENTG D 0.19%
TRN C 0.19%
ATGE D 0.19%
MPWR C 0.19%
SIG C 0.19%
VRT C 0.19%
CXW F 0.19%
SAIA D 0.19%
ESNT B 0.19%
HWC D 0.19%
HP D 0.19%
HNI B 0.19%
FUL D 0.19%
GMS C 0.19%
TTMI D 0.19%
PATK B 0.19%
WH B 0.19%
SHOO B 0.19%
WBS C 0.19%
NYT C 0.19%
COMM B 0.19%
PNFP B 0.19%
PFSI B 0.19%
OGS B 0.19%
CADE B 0.19%
WTFC B 0.19%
ASH D 0.19%
VSCO C 0.18%
URBN D 0.18%
NJR B 0.18%
UAA C 0.18%
HE F 0.18%
ZM C 0.18%
NWE A 0.18%
HXL F 0.18%
BCO B 0.18%
HLI B 0.18%
UBSI B 0.18%
PINC C 0.18%
IMKTA D 0.18%
KNF B 0.18%
ALE A 0.18%
TEX D 0.18%
NOMD B 0.18%
CSGP D 0.18%
CFR C 0.18%
PNM B 0.18%
ASB D 0.18%
LCII C 0.18%
COLM B 0.18%
MC B 0.18%
INCY C 0.18%
COLB B 0.18%
SBH B 0.18%
ACIW B 0.18%
OMI D 0.17%
ARCB D 0.17%
WMK C 0.17%
EXEL B 0.17%
ACA C 0.17%
BFAM C 0.17%
WAFD B 0.17%
WTM F 0.17%
VVV D 0.17%
THS C 0.17%
BYD C 0.17%
SSD C 0.17%
UNF B 0.17%
PCH C 0.17%
MTCH C 0.17%
AXS B 0.17%
AVA B 0.17%
OZK D 0.17%
EEFT D 0.17%
HRI C 0.17%
PSMT B 0.17%
MLKN D 0.17%
ADTN F 0.17%
MOD C 0.17%
LFUS D 0.17%
SCS B 0.17%
BIO C 0.17%
PIPR B 0.16%
CRC C 0.16%
COKE C 0.16%
UVV D 0.16%
CNK B 0.16%
APLE D 0.16%
AGR B 0.16%
GBX C 0.16%
LZB C 0.16%
LITE B 0.16%
WD B 0.16%
UMBF B 0.16%
GMED D 0.16%
VEEV C 0.16%
PDCO F 0.16%
PHIN B 0.16%
CHDN C 0.16%
JELD D 0.16%
VLY C 0.16%
KMT B 0.16%
OUT B 0.16%
CALM B 0.16%
ENVA C 0.16%
PTEN F 0.15%
CATY B 0.15%
SVC F 0.15%
SKY B 0.15%
H C 0.15%
WGO D 0.15%
RYN C 0.15%
JBGS B 0.15%
NMRK B 0.15%
BDC B 0.15%
DASH C 0.15%
VSTS D 0.15%
CACC D 0.15%
LGIH C 0.15%
TYL C 0.15%
ICUI B 0.15%
NVST D 0.15%
NEU D 0.15%
SXT C 0.15%
ONB C 0.15%
EPR B 0.15%
CVLT B 0.15%
ROL C 0.15%
FN D 0.15%
WYNN D 0.15%
ENSG C 0.15%
PBI C 0.14%
SNDR B 0.14%
ARES B 0.14%
KTB B 0.14%
AMED C 0.14%
RGLD B 0.14%
MTDR D 0.14%
SAH D 0.14%
APG D 0.14%
TPG B 0.14%
MCY C 0.14%
SITE D 0.14%
SIGI C 0.14%
VSTO B 0.14%
SKYW C 0.14%
CGNX D 0.14%
EAT B 0.14%
LAUR B 0.14%
PDM B 0.14%
ESAB C 0.14%
SLAB D 0.14%
SUM C 0.14%
VNT D 0.14%
KELYA D 0.14%
MTX D 0.14%
GBCI B 0.14%
PPC D 0.14%
SFNC B 0.14%
BXMT C 0.14%
CEIX D 0.13%
AMWD C 0.13%
AMRK C 0.13%
APP B 0.13%
KAR D 0.13%
BOH C 0.13%
CNXC D 0.13%
BGC B 0.13%
ITGR B 0.13%
WTS C 0.13%
FULT C 0.13%
WMS D 0.13%
AROC C 0.13%
ITRI C 0.13%
GTES C 0.13%
YELP F 0.13%
DNOW D 0.13%
IGT D 0.13%
HPP D 0.13%
TROX F 0.13%
PLUS B 0.13%
DOLE A 0.13%
APAM C 0.13%
LBRT D 0.13%
B D 0.13%
CVCO B 0.13%
SMTC C 0.13%
SCSC D 0.13%
GEF D 0.13%
WEX C 0.13%
FND C 0.13%
IDCC B 0.12%
BRKR D 0.12%
EPC F 0.12%
OPCH C 0.12%
TPL C 0.12%
EXLS C 0.12%
DRH C 0.12%
JBLU D 0.12%
ECPG C 0.12%
DORM B 0.12%
SCL D 0.12%
APOG B 0.12%
RH B 0.12%
RLJ D 0.12%
MASI D 0.12%
AMN F 0.12%
FELE C 0.12%
FR C 0.12%
FSS D 0.12%
DIOD F 0.12%
TDC F 0.12%
MANH B 0.12%
DNB C 0.12%
ZD D 0.12%
TCBI B 0.12%
FWRD C 0.12%
DLB D 0.12%
PLNT A 0.12%
BOOT B 0.12%
WEN C 0.12%
WWW B 0.12%
AIR C 0.12%
STAG C 0.12%
ABCB B 0.12%
IAC C 0.12%
BANR B 0.11%
TRMK C 0.11%
PLTR B 0.11%
HLF F 0.11%
TREX F 0.11%
SKT B 0.11%
FFBC C 0.11%
PBH B 0.11%
SHO D 0.11%
MORN C 0.11%
KRG B 0.11%
BMRN F 0.11%
PTC D 0.11%
NHC D 0.11%
RLI B 0.11%
RRC D 0.11%
TECH C 0.11%
NHI A 0.11%
TWLO D 0.11%
AZZ C 0.11%
TNET D 0.11%
ETSY F 0.11%
PSN B 0.11%
BOKF B 0.11%
BDN B 0.11%
HOPE B 0.11%
LRN B 0.11%
HTH C 0.11%
WDAY D 0.11%
VGR C 0.11%
MWA C 0.11%
PECO B 0.11%
IOSP D 0.11%
SASR B 0.1%
GNL B 0.1%
AM B 0.1%
PPBI D 0.1%
AEIS D 0.1%
MELI B 0.1%
IPGP F 0.1%
BCPC C 0.1%
LXP B 0.1%
VSAT F 0.1%
AX D 0.1%
ENOV F 0.1%
AIN D 0.1%
PFS B 0.1%
ESRT B 0.1%
HTLF B 0.1%
SLGN B 0.1%
DDS D 0.1%
KALU F 0.1%
ALEX B 0.1%
WSBC D 0.1%
ATKR F 0.1%
PGRE C 0.1%
CHRD F 0.1%
MSA C 0.1%
EMBC C 0.1%
IBP C 0.1%
WSC D 0.1%
CABO F 0.1%
DLX D 0.1%
LANC D 0.1%
AMR F 0.1%
RIG F 0.1%
FIBK B 0.1%
CBU C 0.1%
CHX D 0.1%
ICFI C 0.1%
UE B 0.1%
XHR C 0.1%
IBOC C 0.1%
CENTA D 0.09%
REVG C 0.09%
FTDR B 0.09%
PINS F 0.09%
VIAV D 0.09%
CDE C 0.09%
TILE B 0.09%
IBTX B 0.09%
FBP C 0.09%
IBKR B 0.09%
RBC C 0.09%
ONTO F 0.09%
OLED C 0.09%
TOWN B 0.09%
JACK F 0.09%
BSIG B 0.09%
SNBR C 0.09%
HEES D 0.09%
CIVI F 0.09%
JBT D 0.09%
ABR B 0.09%
AKR C 0.09%
RRR D 0.09%
HELE D 0.09%
NTCT D 0.09%
ESGR D 0.09%
WSFS C 0.09%
ENR F 0.09%
RHP D 0.09%
VC F 0.09%
EIG B 0.09%
MGEE B 0.09%
NPO C 0.09%
CSTM D 0.09%
CVBF C 0.09%
MD C 0.09%
EGP B 0.09%
STRA D 0.09%
TW A 0.09%
BKD D 0.09%
ATI C 0.09%
HL C 0.09%
ABNB D 0.09%
OSIS C 0.09%
HGV D 0.09%
CBRL D 0.09%
ARI F 0.09%
CNXN B 0.09%
CWEN B 0.09%
OTTR D 0.09%
UCBI B 0.09%
WOR F 0.09%
CNM F 0.09%
PMT B 0.09%
GFF C 0.09%
MMSI B 0.09%
ORA C 0.09%
BKE B 0.09%
MGY C 0.08%
CBZ F 0.08%
ADC C 0.08%
BGS D 0.08%
AMCX F 0.08%
HALO B 0.08%
CNS B 0.08%
TALO F 0.08%
MATV B 0.08%
AZEK C 0.08%
CAL F 0.08%
WNC F 0.08%
CCOI C 0.08%
AY B 0.08%
NVRI D 0.08%
PEB D 0.08%
EXPO B 0.08%
KLG C 0.08%
NSA B 0.08%
GOLF F 0.08%
UCTT F 0.08%
HRB C 0.08%
SYNA F 0.08%
JJSF C 0.08%
CCO C 0.08%
NMIH B 0.08%
STRL B 0.08%
ESE B 0.08%
THRM D 0.08%
HAIN D 0.08%
NWBI C 0.08%
INDB C 0.08%
HWKN B 0.08%
PRK C 0.08%
CPNG B 0.08%
SAFT C 0.08%
CACC D 0.08%
NWN B 0.08%
CNA C 0.08%
SLG B 0.08%
MGRC F 0.08%
GCI C 0.08%
NSP D 0.08%
AXL F 0.08%
NOW A 0.08%
HAE D 0.08%
FSLR C 0.08%
FRME C 0.08%
NGVT F 0.08%
BV B 0.08%
LADR B 0.08%
ROCK D 0.08%
HCSG C 0.08%
HI F 0.08%
ROKU C 0.08%
PRDO D 0.08%
REXR C 0.08%
SAM F 0.08%
KFRC D 0.08%
FFIN B 0.08%
KW C 0.08%
CWT C 0.08%
GES F 0.07%
FCF C 0.07%
ACCO C 0.07%
VRSN D 0.07%
MRTN D 0.07%
CPK B 0.07%
TNC D 0.07%
HLX D 0.07%
NBIX F 0.07%
MRCY C 0.07%
ALG D 0.07%
WTRG D 0.07%
IRDM D 0.07%
MYRG F 0.07%
OPEN D 0.07%
MMS D 0.07%
JWN B 0.07%
BMI B 0.07%
AAON B 0.07%
AGRO C 0.07%
LILAK D 0.07%
PLAB F 0.07%
DXCM F 0.07%
ATSG D 0.07%
HOMB B 0.07%
PTVE D 0.07%
KLIC D 0.07%
TTD B 0.07%
COTY F 0.07%
MRC D 0.07%
MTRN D 0.07%
MEDP D 0.07%
NNI B 0.07%
CODI D 0.07%
GWRE A 0.07%
STBA B 0.07%
GO F 0.07%
AAT B 0.07%
KOS F 0.07%
FIVE D 0.07%
CNDT C 0.07%
CSWI B 0.07%
CHH C 0.07%
HZO C 0.07%
DFIN B 0.07%
CNX A 0.07%
RAMP F 0.07%
KAI C 0.07%
CORT B 0.07%
PAYC D 0.07%
NBTB D 0.07%
RYI F 0.07%
IRT B 0.07%
POWI F 0.07%
OMCL C 0.07%
REYN C 0.07%
BLMN F 0.07%
FORM F 0.07%
COMP B 0.07%
RNG D 0.07%
YETI D 0.07%
OII D 0.07%
SCHL D 0.07%
CSGS C 0.07%
ROIC B 0.07%
LGF.A F 0.07%
NTB C 0.07%
KN D 0.07%
PUMP F 0.06%
VBTX B 0.06%
MATX C 0.06%
PR D 0.06%
AGX C 0.06%
GLNG D 0.06%
EFSC B 0.06%
PJT B 0.06%
BXC D 0.06%
OEC F 0.06%
MSM D 0.06%
OFG C 0.06%
CRL D 0.06%
APO C 0.06%
KWR D 0.06%
DEA B 0.06%
TRNO C 0.06%
NUS F 0.06%
TRIP F 0.06%
HMST C 0.06%
WING B 0.06%
SCVL B 0.06%
MMI C 0.06%
SWBI D 0.06%
ZWS B 0.06%
AAL D 0.06%
PRAA D 0.06%
ANDE D 0.06%
CWST D 0.06%
GTN D 0.06%
WDFC B 0.06%
TRS D 0.06%
VRRM D 0.06%
ROAD B 0.06%
BLKB B 0.06%
BLD D 0.06%
FTI D 0.06%
ENPH C 0.06%
CNSL A 0.06%
ALK C 0.06%
CVI F 0.06%
ADUS B 0.06%
TNL D 0.06%
NX D 0.06%
CAKE C 0.06%
SABR D 0.06%
STNG D 0.06%
SXI C 0.06%
NBR F 0.06%
BSY D 0.06%
EBC B 0.06%
CARG B 0.06%
DHT C 0.06%
AAN C 0.06%
BNL B 0.06%
SFL D 0.06%
NTGR C 0.06%
CHE C 0.06%
CASH B 0.06%
DBX D 0.06%
ILPT C 0.06%
AWR B 0.06%
BZH B 0.06%
HMN C 0.06%
BUSE C 0.06%
CUBI F 0.06%
KOP F 0.06%
INVA B 0.06%
ZUMZ D 0.06%
ENV C 0.06%
HHH C 0.06%
JAZZ D 0.06%
OXM D 0.06%
ROG D 0.06%
CMPR F 0.06%
FOXF F 0.05%
CHCO B 0.05%
STNE F 0.05%
PRA C 0.05%
LPG F 0.05%
EXAS C 0.05%
CVGW C 0.05%
AUB C 0.05%
ASTE F 0.05%
ERIE A 0.05%
DXPE C 0.05%
MNRO D 0.05%
RWT B 0.05%
SONO F 0.05%
LTC B 0.05%
RDNT B 0.05%
XP D 0.05%
FBNC B 0.05%
HTLD D 0.05%
SMPL D 0.05%
SGH F 0.05%
IHRT D 0.05%
SUPN C 0.05%
NEOG C 0.05%
SBLK D 0.05%
WFRD F 0.05%
CBL D 0.05%
W D 0.05%
CRK D 0.05%
UIS C 0.05%
RGR F 0.05%
CTS D 0.05%
TSE D 0.05%
SJW C 0.05%
GCO D 0.05%
PLAY F 0.05%
SMP C 0.05%
AZTA D 0.05%
NOVT D 0.05%
GPRE F 0.05%
MYGN B 0.05%
PRGS C 0.05%
FHI A 0.05%
CPS F 0.05%
SXC F 0.05%
PAGS F 0.05%
JBSS D 0.05%
PRFT A 0.05%
ZIMV F 0.05%
LBRDK D 0.05%
GFS F 0.05%
SSB B 0.05%
ALIT D 0.05%
FCPT A 0.05%
EPRT A 0.05%
SENEA B 0.05%
CWH C 0.05%
RDUS D 0.05%
PSTG F 0.05%
CHEF C 0.05%
WHD C 0.05%
AEO D 0.05%
EPAC B 0.05%
QLYS F 0.05%
EXPI C 0.05%
EYE F 0.05%
ASIX C 0.05%
CNMD D 0.05%
LYFT D 0.05%
GLOB D 0.05%
MODG F 0.05%
VSH D 0.05%
HURN C 0.05%
TRTX C 0.05%
HQY C 0.05%
THRY D 0.05%
KTOS B 0.05%
DCO B 0.04%
PEGA C 0.04%
PRLB D 0.04%
VRNT F 0.04%
CRAI C 0.04%
PARR F 0.04%
NVEE F 0.04%
KREF B 0.04%
MATW F 0.04%
SBSI B 0.04%
SHEN F 0.04%
TEN C 0.04%
UTL B 0.04%
RES D 0.04%
SPSC D 0.04%
TNK D 0.04%
SEB C 0.04%
GRBK B 0.04%
BBSI B 0.04%
EVRI C 0.04%
EBF B 0.04%
PTON C 0.04%
ECVT F 0.04%
COHU F 0.04%
CMRE D 0.04%
SFIX C 0.04%
GLDD C 0.04%
DAC D 0.04%
EAF D 0.04%
AVNS B 0.04%
INSW D 0.04%
BRC B 0.04%
RGEN F 0.04%
WOOF C 0.04%
MTUS F 0.04%
LNN C 0.04%
HVT D 0.04%
WTTR C 0.04%
WRLD D 0.04%
CLVT D 0.04%
USNA F 0.04%
LKFN C 0.04%
CNNE D 0.04%
EGBN C 0.04%
CPF B 0.04%
GDOT C 0.04%
ETH D 0.04%
ACLS F 0.04%
TBI F 0.04%
CMCO F 0.04%
LIVN D 0.04%
EVTC D 0.04%
UVE B 0.04%
CFFN C 0.04%
AHCO B 0.04%
PRIM C 0.04%
CLW F 0.04%
TUP F 0.04%
STEP B 0.04%
ICHR F 0.04%
PODD B 0.04%
BRBR B 0.04%
IART F 0.04%
BRSP D 0.03%
PLOW C 0.03%
RUN C 0.03%
DHIL B 0.03%
CRGY D 0.03%
SNOW F 0.03%
HAFC C 0.03%
NOG D 0.03%
TMP C 0.03%
ARCO F 0.03%
TPIC D 0.03%
WASH B 0.03%
ALTO D 0.03%
HFWA C 0.03%
CLB D 0.03%
CSV B 0.03%
UFCS D 0.03%
BJRI D 0.03%
WABC D 0.03%
IVT B 0.03%
DBI F 0.03%
SGRY C 0.03%
BRKL C 0.03%
ZI D 0.03%
MTW F 0.03%
SRCE C 0.03%
AMC D 0.03%
PEN D 0.03%
SSTK F 0.03%
BANF B 0.03%
OPK C 0.03%
OPI F 0.03%
HAYW C 0.03%
BRY F 0.03%
CNOB B 0.03%
LSCC D 0.03%
GNK D 0.03%
SHYF D 0.03%
PFC C 0.03%
WOW D 0.03%
ALKS C 0.03%
TCBK C 0.03%
HASI B 0.03%
PZZA D 0.03%
CSR B 0.03%
TDOC D 0.03%
IPAR D 0.03%
CARS D 0.03%
VAL F 0.03%
OCFC B 0.03%
AVO A 0.03%
ALRM F 0.03%
MERC F 0.03%
RKT B 0.03%
HSII C 0.03%
ZEUS F 0.03%
MED F 0.02%
MXL F 0.02%
PLCE C 0.02%
VIR F 0.02%
MOV F 0.02%
AGL F 0.02%
OKTA F 0.02%
DIN F 0.02%
USM C 0.02%
GDEN D 0.02%
LEVI C 0.02%
GTLS F 0.02%
VREX F 0.02%
DENN D 0.02%
SFBS B 0.02%
AGM D 0.02%
SBCF C 0.02%
PRVA D 0.02%
LYV B 0.02%
KNSL C 0.02%
VSEC C 0.02%
OIS F 0.02%
ATNI C 0.02%
VRTS D 0.02%
IRBT F 0.02%
TITN F 0.02%
CMP D 0.02%
ALGT F 0.02%
CALX D 0.02%
DT C 0.02%
XPRO F 0.02%
USPH D 0.02%
FLGT D 0.02%
CCRN F 0.02%
MYE D 0.02%
FLWS F 0.02%
DAY D 0.02%
RNST D 0.02%
CTRN D 0.02%
KRNY C 0.02%
TKO B 0.02%
RYAM B 0.02%
SRI F 0.02%
ARKO C 0.02%
CLDT D 0.02%
CTRE B 0.02%
HLIO D 0.02%
CLOV C 0.02%
ASTH B 0.02%
VCTR B 0.02%
AMBC F 0.02%
CMTG F 0.02%
MEI F 0.02%
MODV F 0.02%
FIZZ D 0.02%
CCSI C 0.02%
RC D 0.02%
NPK C 0.02%
TOST B 0.02%
RGP F 0.02%
GTY B 0.02%
INMD D 0.01%
TTEC F 0.01%
DNUT D 0.01%
THR D 0.01%
HAYN D 0.01%
MGPI C 0.01%
ONEW F 0.01%
EVH C 0.01%
PEBO C 0.01%
SPWH D 0.01%
LXU D 0.01%
TBBK B 0.01%
NIC C 0.01%
PFBC C 0.01%
REX D 0.01%
CRVL B 0.01%
SNEX C 0.01%
NBHC C 0.01%
FBK B 0.01%
NR F 0.01%
VTOL D 0.01%
HLNE B 0.01%
AMRC C 0.01%
IIPR B 0.01%
HOV C 0.01%
CMTL D 0.01%
BHLB C 0.01%
IIIN D 0.01%
LGND C 0.01%
MBUU D 0.01%
TK C 0.01%
AOSL D 0.01%
IRWD F 0.01%
KE F 0.01%
LESL F 0.01%
AMSF C 0.01%
PETS D 0.01%
GPRO F 0.01%
MP D 0.01%
WMG D 0.01%
PKST C 0.01%
PRM B 0.01%
BMBL F 0.01%
WOLF F 0.01%
SEDG F 0.01%
RILY F 0.01%
EDR A 0.01%
AVD F 0.01%
GSL D 0.01%
SSP F 0.01%
NU B 0.01%
GPMT D 0.01%
SNAP F 0.01%
SSYS F 0.01%
RMBS F 0.01%
CRMT F 0.01%
JRVR F 0.01%
CHGG F 0.0%
PCRX F 0.0%
SEG C 0.0%
ALGM F 0.0%
WTI F 0.0%
GIC D 0.0%
CRNC F 0.0%
TWI D 0.0%
HY D 0.0%
GSM F 0.0%
AMPH C 0.0%
CENT D 0.0%
MSBI D 0.0%
FNDA Underweight 68 Positions Relative to FAS
Symbol Grade Weight
BRK.A C -8.95%
JPM D -6.51%
V B -4.93%
MA B -4.43%
BAC D -2.89%
WFC D -1.97%
SPGI B -1.83%
GS D -1.68%
PGR A -1.6%
AXP B -1.59%
BLK A -1.36%
MS D -1.33%
CB B -1.29%
MMC C -1.24%
C D -1.2%
BX B -1.15%
SCHW D -1.01%
ICE B -1.01%
KKR B -0.88%
CME C -0.86%
AON B -0.83%
MCO A -0.82%
PYPL B -0.81%
PNC B -0.78%
USB B -0.75%
AJG C -0.71%
TFC D -0.61%
AFL B -0.61%
TRV B -0.59%
COF C -0.58%
BK A -0.57%
ALL A -0.54%
AIG D -0.53%
FIS B -0.51%
MSCI C -0.49%
MET A -0.49%
AMP B -0.47%
PRU C -0.46%
ACGL B -0.45%
HIG A -0.37%
DFS C -0.36%
NDAQ B -0.33%
WTW B -0.32%
GPN D -0.31%
FITB B -0.31%
MTB B -0.3%
BRO C -0.27%
STT A -0.27%
TROW D -0.26%
CPAY B -0.24%
RJF C -0.24%
CBOE C -0.24%
HBAN B -0.23%
CINF B -0.23%
RF B -0.22%
NTRS B -0.2%
CFG D -0.2%
SYF C -0.2%
PFG B -0.19%
WRB C -0.19%
EG B -0.18%
KEY B -0.17%
L B -0.16%
JKHY B -0.14%
AIZ B -0.11%
GL C -0.09%
IVZ C -0.08%
BEN F -0.06%
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