FNDA vs. FDIS ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Fidelity MSCI Consumer Discretionary Index ETF (FDIS)

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

$31.86

Average Daily Volume

497,487

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

FDIS

Fidelity MSCI Consumer Discretionary Index ETF

FDIS Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Discretionary Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Consumer Discretionary Index, which represents the performance of the consumer discretionary sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Discretionary Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.67

Average Daily Volume

73,132

Number of Holdings ^*

263

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	FDIS
30 Days	8.26%	12.12%
60 Days	7.50%	8.73%
90 Days	8.41%	14.49%
12 Months	30.58%	31.52%

124 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in FDIS	Overlap
ABNB	C	0.13%	0.97%	0.13%
ADTN	A	0.19%	0.06%	0.06%
AEO	F	0.1%	0.08%	0.08%
AMRK	F	0.05%	0.0%	0.0%
ANF	C	0.34%	0.15%	0.15%
ARKO	C	0.02%	0.03%	0.02%
ATGE	B	0.19%	0.09%	0.09%
AXL	C	0.06%	0.04%	0.04%
BFAM	D	0.11%	0.12%	0.11%
BJRI	B	0.02%	0.04%	0.02%
BKE	B	0.1%	0.06%	0.06%
BLD	D	0.11%	0.21%	0.11%
BLMN	F	0.07%	0.03%	0.03%
BOOT	D	0.1%	0.1%	0.1%
BYD	C	0.21%	0.12%	0.12%
BZH	B	0.04%	0.05%	0.04%
CAKE	C	0.07%	0.07%	0.07%
CAL	D	0.06%	0.04%	0.04%
CBRL	C	0.15%	0.04%	0.04%
CCS	D	0.19%	0.07%	0.07%
CHDN	B	0.15%	0.18%	0.15%
CHH	A	0.09%	0.11%	0.09%
COLM	B	0.18%	0.08%	0.08%
CRMT	C	0.01%	0.02%	0.01%
CROX	D	0.14%	0.12%	0.12%
CVCO	A	0.14%	0.09%	0.09%
CWH	B	0.06%	0.07%	0.06%
DASH	A	0.19%	0.83%	0.19%
DBI	F	0.02%	0.01%	0.01%
DDS	B	0.11%	0.05%	0.05%
DENN	D	0.01%	0.02%	0.01%
DIN	C	0.01%	0.03%	0.01%
DNUT	D	0.0%	0.04%	0.0%
DORM	B	0.13%	0.1%	0.1%
EAT	A	0.19%	0.14%	0.14%
ETD	C	0.02%	0.04%	0.02%
ETSY	D	0.12%	0.12%	0.12%
EVRI	A	0.02%	0.06%	0.02%
EYE	C	0.07%	0.03%	0.03%
FIVE	F	0.1%	0.1%	0.1%
FLWS	F	0.01%	0.01%	0.01%
FND	C	0.13%	0.19%	0.13%
FOXF	F	0.05%	0.04%	0.04%
FTDR	A	0.09%	0.11%	0.09%
GDEN	B	0.03%	0.04%	0.03%
GES	F	0.06%	0.03%	0.03%
GHC	C	0.23%	0.09%	0.09%
GIII	D	0.18%	0.05%	0.05%
GME	C	0.31%	0.16%	0.16%
GOLF	B	0.08%	0.07%	0.07%
GRBK	D	0.04%	0.07%	0.04%
H	B	0.14%	0.14%	0.14%
HELE	C	0.13%	0.04%	0.04%
HGV	B	0.12%	0.08%	0.08%
HOV	D	0.0%	0.04%	0.0%
HRB	D	0.13%	0.16%	0.13%
HVT	D	0.02%	0.02%	0.02%
HZO	D	0.04%	0.04%	0.04%
IBP	D	0.09%	0.11%	0.09%
JACK	D	0.09%	0.04%	0.04%
JWN	C	0.12%	0.07%	0.07%
KTB	B	0.15%	0.11%	0.11%
LAUR	A	0.17%	0.07%	0.07%
LCII	C	0.19%	0.08%	0.08%
LESL	C	0.01%	0.02%	0.01%
LEVI	F	0.03%	0.05%	0.03%
LGIH	D	0.15%	0.07%	0.07%
LNW	D	0.16%	0.16%	0.16%
LOPE	B	0.23%	0.11%	0.11%
LRN	A	0.12%	0.11%	0.11%
LZB	B	0.15%	0.06%	0.06%
MAT	D	0.19%	0.14%	0.14%
MBUU	C	0.01%	0.05%	0.01%
MELI	D	0.05%	1.39%	0.05%
MHO	D	0.25%	0.1%	0.1%
MNRO	D	0.03%	0.05%	0.03%
MOD	A	0.15%	0.13%	0.13%
MODG	F	0.05%	0.04%	0.04%
MOV	C	0.01%	0.02%	0.01%
OLLI	D	0.16%	0.13%	0.13%
OXM	D	0.06%	0.04%	0.04%
PATK	D	0.18%	0.08%	0.08%
PHIN	A	0.17%	0.07%	0.07%
PLAY	D	0.06%	0.04%	0.04%
PLNT	A	0.13%	0.18%	0.13%
PRDO	B	0.09%	0.04%	0.04%
PTON	B	0.08%	0.11%	0.08%
PZZA	D	0.03%	0.05%	0.03%
RCL	A	0.45%	0.95%	0.45%
RGR	F	0.03%	0.04%	0.03%
RH	B	0.16%	0.11%	0.11%
RRR	D	0.08%	0.07%	0.07%
SABR	C	0.07%	0.06%	0.06%
SAH	A	0.14%	0.05%	0.05%
SBH	C	0.2%	0.06%	0.06%
SCVL	F	0.03%	0.04%	0.03%
SHOO	D	0.17%	0.08%	0.08%
SIG	B	0.23%	0.1%	0.1%
SKY	A	0.16%	0.12%	0.12%
SMP	B	0.03%	0.04%	0.03%
SONO	C	0.06%	0.05%	0.05%
SRI	F	0.01%	0.01%	0.01%
STRA	C	0.09%	0.06%	0.06%
SWBI	C	0.04%	0.03%	0.03%
THRM	D	0.07%	0.05%	0.05%
TNL	A	0.15%	0.1%	0.1%
TXRH	C	0.28%	0.25%	0.25%
UAA	C	0.25%	0.07%	0.07%
UPBD	B	0.13%	0.05%	0.05%
URBN	C	0.18%	0.06%	0.06%
VC	D	0.09%	0.06%	0.06%
VSCO	B	0.29%	0.09%	0.09%
VSTO	A	0.14%	0.08%	0.08%
VVV	F	0.17%	0.11%	0.11%
W	F	0.04%	0.07%	0.04%
WEN	D	0.13%	0.08%	0.08%
WGO	C	0.17%	0.06%	0.06%
WH	B	0.23%	0.16%	0.16%
WING	D	0.04%	0.18%	0.04%
WOOF	D	0.02%	0.02%	0.02%
WOR	F	0.08%	0.04%	0.04%
WWW	B	0.12%	0.08%	0.08%
WYNN	D	0.18%	0.18%	0.18%
YETI	C	0.08%	0.08%	0.08%

FNDA Overweight 872 Positions Relative to FDIS

Symbol	Grade	Weight
GEO	B	0.42%
UAL	A	0.42%
SATS	D	0.38%
FICO	B	0.36%
COIN	C	0.34%
UTHR	C	0.32%
SF	B	0.31%
APP	B	0.3%
XPO	B	0.3%
BKU	A	0.29%
FLS	B	0.29%
AIT	A	0.28%
MAC	B	0.28%
HRI	B	0.28%
WAL	B	0.28%
KMPR	B	0.28%
CXW	B	0.28%
HCC	B	0.27%
WBS	A	0.26%
OHI	C	0.26%
SWX	B	0.26%
CLH	B	0.26%
BWXT	B	0.26%
WWD	B	0.25%
SLVM	B	0.25%
FIX	A	0.25%
CRS	A	0.25%
LITE	B	0.25%
PRG	C	0.25%
Z	A	0.25%
GVA	A	0.25%
VMI	B	0.25%
PNFP	B	0.24%
VRT	B	0.24%
SKYW	B	0.24%
DY	D	0.24%
PLXS	B	0.24%
SAIA	B	0.24%
HEI	B	0.24%
RDN	C	0.24%
FRT	B	0.23%
INCY	C	0.23%
CFR	B	0.23%
FDP	B	0.23%
VLTO	D	0.23%
WTFC	A	0.23%
SPB	C	0.23%
AWI	A	0.23%
PB	A	0.23%
FNB	A	0.23%
DTM	B	0.23%
BKH	A	0.23%
ESI	A	0.22%
KRC	C	0.22%
SPOT	B	0.22%
CBT	C	0.22%
CWK	B	0.22%
CR	A	0.22%
DEI	B	0.22%
VIRT	B	0.22%
COOP	B	0.22%
AVNT	B	0.22%
MOG.A	B	0.22%
ZM	B	0.22%
GATX	A	0.22%
CADE	B	0.22%
TTMI	B	0.22%
SEM	B	0.22%
HIW	D	0.21%
CRUS	D	0.21%
FDS	B	0.21%
PINC	B	0.21%
HWC	B	0.21%
ELAN	D	0.21%
TPC	C	0.21%
RXO	C	0.21%
CBSH	A	0.21%
KFY	B	0.21%
GMS	B	0.21%
IDA	A	0.21%
BHE	B	0.21%
ASB	B	0.21%
PNM	F	0.2%
TTEK	F	0.2%
KEX	C	0.2%
FHB	A	0.2%
EXEL	B	0.2%
TRN	C	0.2%
SCCO	F	0.2%
OZK	B	0.2%
VLY	B	0.2%
MC	C	0.2%
CALM	A	0.2%
ELS	C	0.2%
GBX	A	0.2%
UNIT	B	0.2%
ARCB	C	0.19%
CRC	B	0.19%
JBLU	F	0.19%
STC	B	0.19%
TWLO	A	0.19%
SR	A	0.19%
BIO	D	0.19%
FCN	D	0.19%
NVST	B	0.19%
ENS	D	0.19%
ENVA	B	0.19%
HP	B	0.19%
CUZ	B	0.19%
AGNC	D	0.19%
OGS	A	0.19%
ACA	A	0.19%
UBSI	B	0.19%
SMG	D	0.19%
COLB	A	0.19%
KNF	A	0.19%
HLI	B	0.19%
WMK	C	0.18%
NYT	C	0.18%
CUBE	D	0.18%
AMH	D	0.18%
HNI	B	0.18%
RPRX	D	0.18%
DBRG	F	0.18%
TPL	A	0.18%
TEX	D	0.18%
SBRA	C	0.18%
ACIW	B	0.18%
KMT	B	0.18%
IMKTA	C	0.18%
BDC	B	0.17%
VNT	B	0.17%
HXL	D	0.17%
SSD	D	0.17%
APLE	B	0.17%
ALE	A	0.17%
NWE	B	0.17%
NOW	A	0.17%
PCH	D	0.17%
SUM	B	0.17%
ONB	B	0.17%
PSMT	C	0.17%
UMBF	B	0.17%
CATY	B	0.17%
WTM	A	0.17%
MTDR	B	0.17%
AMKR	D	0.17%
VSTS	C	0.17%
FUL	F	0.17%
NJR	A	0.17%
GBCI	B	0.17%
UNF	B	0.17%
SPR	D	0.17%
ESAB	B	0.17%
CSGP	D	0.17%
ASH	D	0.17%
SN	D	0.17%
EEFT	B	0.17%
LFUS	F	0.17%
PIPR	B	0.17%
CNX	A	0.17%
PTEN	C	0.16%
EBS	C	0.16%
PLTR	B	0.16%
COLD	D	0.16%
SIGI	C	0.16%
AVA	A	0.16%
WAFD	B	0.16%
VEEV	C	0.16%
APO	B	0.16%
GEF	A	0.16%
ZD	C	0.16%
OUT	A	0.16%
GTES	A	0.16%
MASI	A	0.16%
VYX	B	0.16%
SFNC	B	0.16%
AGO	B	0.16%
ENTG	D	0.16%
B	B	0.16%
PFSI	D	0.16%
DNOW	B	0.15%
AGR	B	0.15%
TCBI	B	0.15%
GMED	A	0.15%
FWRD	D	0.15%
ROL	B	0.15%
ARES	A	0.15%
NOMD	D	0.15%
CEIX	A	0.15%
APAM	B	0.15%
MTX	B	0.15%
SCS	C	0.15%
SLG	B	0.15%
UVV	B	0.15%
MTCH	D	0.15%
WD	D	0.15%
PDCO	D	0.15%
NNN	D	0.15%
ESNT	D	0.15%
SITE	D	0.15%
RYN	D	0.14%
RRC	B	0.14%
ICUI	D	0.14%
EXLS	B	0.14%
ENSG	D	0.14%
NMRK	B	0.14%
AMWD	C	0.14%
SNDR	B	0.14%
APOG	B	0.14%
JAZZ	B	0.14%
BOH	B	0.14%
CDP	C	0.14%
TDC	D	0.14%
WTS	B	0.14%
KAR	B	0.14%
FULT	A	0.14%
OMI	F	0.14%
APG	B	0.14%
TYL	B	0.14%
MKTX	D	0.14%
MLKN	D	0.14%
SLGN	A	0.14%
MCY	A	0.14%
BXMT	C	0.14%
CNK	B	0.14%
CVLT	B	0.14%
SLAB	D	0.14%
AROC	B	0.14%
TPG	A	0.14%
CACC	D	0.14%
PPC	C	0.14%
YELP	C	0.14%
NEU	C	0.14%
BCO	D	0.14%
SXT	B	0.14%
HE	C	0.14%
CGNX	C	0.14%
WMS	D	0.13%
DNB	B	0.13%
SCL	C	0.13%
IOSP	B	0.13%
RNR	C	0.13%
WEX	D	0.13%
ATKR	C	0.13%
RGLD	C	0.13%
SMTC	B	0.13%
THS	D	0.13%
IGT	F	0.13%
DLB	B	0.13%
RLI	B	0.13%
EPR	D	0.13%
IDCC	A	0.13%
CABO	C	0.13%
FTI	A	0.13%
COKE	C	0.13%
ABCB	B	0.13%
RYI	C	0.13%
DBX	B	0.13%
AMR	C	0.13%
ITRI	B	0.13%
PRIM	A	0.12%
HOPE	B	0.12%
FSLR	F	0.12%
CNM	D	0.12%
DRH	B	0.12%
CHX	C	0.12%
COMP	B	0.12%
IAC	D	0.12%
CHRD	D	0.12%
ANDE	D	0.12%
AXS	A	0.12%
WTRG	B	0.12%
ECPG	B	0.12%
HEES	B	0.12%
PTC	A	0.12%
VRSN	F	0.12%
JELD	F	0.12%
JBT	B	0.12%
IPGP	D	0.12%
AMED	F	0.12%
TROX	D	0.12%
MSM	C	0.12%
JBGS	D	0.12%
LBRT	D	0.12%
RLJ	C	0.12%
TREX	C	0.12%
ITGR	B	0.12%
AIR	B	0.12%
RIG	D	0.12%
BANR	B	0.12%
MWA	B	0.12%
FELE	B	0.12%
WDAY	B	0.12%
BGC	C	0.12%
FR	C	0.11%
SASR	B	0.11%
EPC	D	0.11%
TECH	D	0.11%
ENOV	C	0.11%
PSN	D	0.11%
WSBC	A	0.11%
STAG	F	0.11%
CPNG	D	0.11%
STRL	B	0.11%
AX	A	0.11%
FN	D	0.11%
HI	C	0.11%
KALU	C	0.11%
XHR	B	0.11%
VIAV	B	0.11%
PPBI	B	0.11%
PLUS	F	0.11%
MPWR	F	0.11%
AEIS	B	0.11%
CIVI	D	0.11%
TRMK	B	0.11%
SKT	B	0.11%
MORN	B	0.11%
HPP	F	0.11%
BOKF	B	0.11%
DIOD	D	0.11%
PECO	A	0.11%
CRL	C	0.11%
HTH	B	0.11%
MANH	D	0.11%
CBU	B	0.11%
FSS	B	0.11%
HLF	C	0.11%
PBH	A	0.11%
FIBK	A	0.11%
MMS	F	0.11%
CHE	D	0.11%
CVBF	A	0.11%
FHI	A	0.11%
TNET	D	0.11%
FFBC	A	0.11%
IBOC	A	0.11%
MYRG	B	0.11%
IBKR	A	0.11%
NGVT	B	0.11%
AM	A	0.1%
WSFS	A	0.1%
ABR	C	0.1%
SIRI	C	0.1%
NHC	C	0.1%
GFF	A	0.1%
WSC	D	0.1%
HTLF	B	0.1%
ENR	B	0.1%
ACHC	F	0.1%
MGEE	C	0.1%
CORT	B	0.1%
HAE	C	0.1%
UE	C	0.1%
UCB	A	0.1%
SHO	C	0.1%
COMM	D	0.1%
NTCT	C	0.1%
LANC	C	0.1%
DHC	F	0.1%
HOMB	A	0.1%
PFS	B	0.1%
PAYC	B	0.1%
AZZ	B	0.1%
KRG	B	0.1%
SAM	C	0.1%
SSB	B	0.1%
BXC	B	0.1%
LBRDK	C	0.09%
ALEX	C	0.09%
CNXN	C	0.09%
CSGS	B	0.09%
PDM	D	0.09%
ESE	B	0.09%
AAON	B	0.09%
CENTA	C	0.09%
PINS	D	0.09%
NHI	D	0.09%
RNG	B	0.09%
CWEN	C	0.09%
RAMP	C	0.09%
ESRT	C	0.09%
RBC	A	0.09%
AIN	C	0.09%
ROCK	C	0.09%
ICFI	F	0.09%
NPO	A	0.09%
IBTX	B	0.09%
FFIN	B	0.09%
MMSI	B	0.09%
MGRC	B	0.09%
PBI	B	0.09%
MGY	A	0.09%
DXCM	D	0.09%
SCSC	B	0.09%
FRME	B	0.09%
RHP	B	0.09%
OSIS	B	0.09%
EIG	B	0.09%
TW	A	0.09%
OTTR	C	0.09%
INDB	B	0.09%
VSH	D	0.09%
BCPC	B	0.09%
SVC	F	0.09%
ROKU	D	0.09%
ORA	B	0.09%
BRKR	D	0.09%
MSA	D	0.09%
CNS	B	0.08%
OMCL	C	0.08%
ROIC	A	0.08%
DLX	B	0.08%
UCTT	D	0.08%
REVG	B	0.08%
DOLE	D	0.08%
CARG	C	0.08%
MD	B	0.08%
KFRC	D	0.08%
ATI	D	0.08%
ARI	C	0.08%
IRDM	D	0.08%
SAFT	C	0.08%
CSWI	A	0.08%
HL	D	0.08%
WNC	C	0.08%
OII	B	0.08%
TTD	B	0.08%
KW	B	0.08%
KLG	C	0.08%
ALGT	B	0.08%
CCOI	B	0.08%
EGP	F	0.08%
PMT	D	0.08%
KOS	F	0.08%
BMRN	D	0.08%
SYNA	C	0.08%
LXP	D	0.08%
GO	C	0.08%
NWBI	B	0.08%
NWN	A	0.08%
LILAK	D	0.08%
AKR	B	0.08%
TALO	C	0.08%
CBZ	B	0.08%
PRK	B	0.08%
POWI	D	0.08%
TOWN	B	0.08%
OPCH	D	0.08%
KAI	A	0.08%
AZEK	A	0.08%
ALIT	C	0.08%
PJT	A	0.07%
CPK	A	0.07%
CNA	B	0.07%
KOP	C	0.07%
HHH	B	0.07%
BMI	B	0.07%
CUBI	C	0.07%
QLYS	C	0.07%
SMCI	F	0.07%
ONTO	D	0.07%
HLX	B	0.07%
EXPO	D	0.07%
BSIG	A	0.07%
NMIH	D	0.07%
FCF	A	0.07%
MRTN	C	0.07%
BRC	D	0.07%
EBC	B	0.07%
HQY	B	0.07%
GWRE	A	0.07%
AUB	B	0.07%
OLED	D	0.07%
CRK	B	0.07%
ROG	D	0.07%
IART	C	0.07%
IRT	A	0.07%
OPEN	D	0.07%
SXI	B	0.07%
PR	B	0.07%
PTVE	B	0.07%
ADC	B	0.07%
REXR	F	0.07%
NX	C	0.07%
JJSF	B	0.07%
LYFT	C	0.07%
CASH	A	0.07%
ZWS	B	0.07%
NSP	D	0.07%
BDN	C	0.07%
PLAB	C	0.07%
MRCY	B	0.07%
HMN	B	0.07%
PEB	D	0.07%
GNL	F	0.07%
AMN	F	0.07%
CDE	D	0.07%
HWKN	B	0.07%
TILE	B	0.07%
NBTB	B	0.07%
ALG	B	0.07%
CXT	B	0.07%
KN	B	0.07%
LADR	B	0.07%
CWT	D	0.07%
ROAD	A	0.07%
MTRN	C	0.07%
COTY	F	0.06%
CTS	C	0.06%
SMPL	B	0.06%
FBP	B	0.06%
EPAC	B	0.06%
GPRE	F	0.06%
AGX	B	0.06%
CVI	F	0.06%
ENV	B	0.06%
CWST	A	0.06%
PRGS	A	0.06%
HCSG	C	0.06%
BNL	D	0.06%
GTLS	B	0.06%
TOST	B	0.06%
NTGR	B	0.06%
ECVT	C	0.06%
WHD	B	0.06%
MMI	B	0.06%
EMBC	C	0.06%
TDOC	C	0.06%
BLKB	B	0.06%
SEB	F	0.06%
GCI	D	0.06%
KTOS	B	0.06%
TNC	D	0.06%
GFS	C	0.06%
TRS	B	0.06%
REYN	D	0.06%
MEDP	D	0.06%
BSY	D	0.06%
BUSE	B	0.06%
WDFC	B	0.06%
FORM	D	0.06%
OEC	C	0.06%
EFSC	B	0.06%
TRIP	F	0.06%
HURN	B	0.06%
KWR	C	0.06%
AWR	B	0.06%
NNI	D	0.06%
DFIN	D	0.06%
PGRE	F	0.06%
ATSG	B	0.06%
VBTX	B	0.06%
ELME	D	0.06%
LGF.A	C	0.06%
SCHL	D	0.06%
KELYA	F	0.06%
HALO	F	0.06%
BKD	D	0.06%
STBA	B	0.06%
ERIE	D	0.06%
EAF	C	0.06%
NBIX	C	0.06%
NSA	D	0.06%
EXPI	C	0.06%
AAT	B	0.06%
SJW	D	0.05%
UIS	B	0.05%
LIVN	F	0.05%
ACCO	C	0.05%
VRTS	B	0.05%
CNDT	C	0.05%
AAL	B	0.05%
TRNO	F	0.05%
AY	B	0.05%
NTB	B	0.05%
HAYW	B	0.05%
CODI	B	0.05%
CHCO	B	0.05%
HTLD	B	0.05%
KLIC	B	0.05%
VRRM	D	0.05%
NOVT	D	0.05%
VSAT	F	0.05%
MRC	B	0.05%
VRE	B	0.05%
ICHR	C	0.05%
ALK	C	0.05%
EPRT	B	0.05%
DEA	D	0.05%
SXC	A	0.05%
PODD	C	0.05%
SNBR	F	0.05%
FBNC	A	0.05%
BRBR	A	0.05%
CCO	C	0.05%
CHEF	A	0.05%
CMCO	B	0.05%
PSTG	D	0.05%
ADUS	D	0.05%
SUPN	C	0.05%
BV	B	0.05%
ESGR	B	0.05%
CNMD	C	0.05%
AMCX	C	0.05%
SENEA	B	0.04%
ASIX	A	0.04%
OFG	B	0.04%
ALRM	C	0.04%
IPAR	B	0.04%
CARS	B	0.04%
NVEE	F	0.04%
PRA	C	0.04%
CNSL	C	0.04%
INSW	F	0.04%
ENPH	F	0.04%
FBRT	C	0.04%
PUMP	B	0.04%
RDNT	B	0.04%
IHRT	C	0.04%
CPS	C	0.04%
GLOB	B	0.04%
WFRD	D	0.04%
SFL	D	0.04%
GLNG	C	0.04%
RDUS	C	0.04%
ZUMZ	C	0.04%
GCO	B	0.04%
CSTM	F	0.04%
DHT	F	0.04%
INVA	D	0.04%
GTN	F	0.04%
RES	D	0.04%
EXAS	D	0.04%
SFBS	B	0.04%
RGEN	D	0.04%
AGRO	D	0.04%
IVT	B	0.04%
PEN	B	0.04%
CMPR	D	0.04%
VTLE	C	0.04%
DXPE	B	0.04%
PARR	D	0.04%
ZI	D	0.04%
SNAP	C	0.04%
PRAA	C	0.04%
HLIO	B	0.04%
LNN	B	0.04%
VCTR	B	0.04%
HAIN	C	0.04%
NBR	C	0.04%
NOG	A	0.04%
LSCC	D	0.04%
JBSS	D	0.04%
MATX	C	0.04%
NEOG	F	0.04%
LKFN	B	0.04%
CRGY	B	0.04%
LTC	B	0.04%
AZTA	D	0.04%
RNST	B	0.04%
CNXC	F	0.04%
FCPT	C	0.04%
COHU	C	0.04%
CMRE	C	0.03%
ASTH	D	0.03%
KNSL	B	0.03%
DAC	B	0.03%
USNA	C	0.03%
XP	F	0.03%
BBSI	B	0.03%
WRLD	C	0.03%
CRAI	B	0.03%
MYGN	F	0.03%
RWT	D	0.03%
PAGS	F	0.03%
CNNE	B	0.03%
ZIMV	D	0.03%
THRY	F	0.03%
VIR	D	0.03%
EVTC	B	0.03%
CVGW	D	0.03%
HMST	D	0.03%
HSII	B	0.03%
SBCF	A	0.03%
TKO	B	0.03%
AGM	C	0.03%
PRLB	A	0.03%
ILPT	D	0.03%
UVE	B	0.03%
PEGA	A	0.03%
CPF	A	0.03%
SBLK	F	0.03%
MXL	C	0.03%
RMBS	C	0.03%
DT	C	0.03%
PRVA	B	0.03%
MP	B	0.03%
CTRE	D	0.03%
GLDD	B	0.03%
SSTK	F	0.03%
RKT	F	0.03%
RC	D	0.03%
STNG	F	0.03%
AMC	C	0.03%
CFFN	B	0.03%
CBL	A	0.03%
VAL	D	0.03%
WTTR	B	0.03%
VRNT	C	0.03%
MATV	D	0.03%
CMTG	F	0.03%
TSE	F	0.03%
SGRY	F	0.03%
USM	B	0.03%
NUS	D	0.03%
SPSC	C	0.03%
STEP	B	0.03%
TRTX	B	0.03%
ACLS	F	0.03%
SNOW	C	0.03%
LYV	A	0.03%
NVRI	F	0.03%
EGBN	B	0.03%
ASTE	B	0.03%
VSEC	C	0.03%
BGS	F	0.03%
LPG	F	0.03%
PLCE	C	0.02%
GTY	B	0.02%
CTRN	D	0.02%
CLDT	B	0.02%
NPK	B	0.02%
HASI	D	0.02%
BRY	F	0.02%
FIZZ	C	0.02%
CLOV	D	0.02%
AMBC	C	0.02%
CLVT	F	0.02%
ALTO	F	0.02%
IRWD	F	0.02%
BRSP	B	0.02%
RYAM	C	0.02%
KRNY	B	0.02%
CMP	C	0.02%
CCSI	C	0.02%
DAY	B	0.02%
ARCO	F	0.02%
DHIL	A	0.02%
RUN	F	0.02%
TEN	F	0.02%
AVNS	F	0.02%
OPK	C	0.02%
CSR	B	0.02%
GNK	D	0.02%
SHEN	F	0.02%
CSV	B	0.02%
WOW	B	0.02%
KREF	D	0.02%
SRCE	B	0.02%
EDR	A	0.02%
ALKS	B	0.02%
CLB	B	0.02%
WABC	B	0.02%
AVO	C	0.02%
HFWA	B	0.02%
MTW	C	0.02%
EBF	F	0.02%
MERC	F	0.02%
XPRO	F	0.02%
CNOB	B	0.02%
WASH	C	0.02%
CALX	D	0.02%
ZEUS	C	0.02%
BANF	B	0.02%
TMP	B	0.02%
SHYF	C	0.02%
TCBK	B	0.02%
UFCS	B	0.02%
UTL	B	0.02%
HAFC	A	0.02%
MATW	C	0.02%
STNE	F	0.02%
WMG	C	0.02%
PFC	A	0.02%
DCO	C	0.02%
AHCO	F	0.02%
TBI	F	0.02%
BRKL	B	0.02%
CLW	F	0.02%
MTUS	C	0.02%
GDOT	D	0.02%
OKTA	C	0.02%
SBSI	B	0.02%
OCFC	B	0.02%
SFIX	B	0.02%
VTOL	B	0.01%
IIIN	C	0.01%
RILY	F	0.01%
NBHC	B	0.01%
SNEX	B	0.01%
FBK	B	0.01%
LGND	B	0.01%
GPRO	F	0.01%
BHLB	B	0.01%
PKST	D	0.01%
KE	C	0.01%
HLNE	B	0.01%
AVD	D	0.01%
JRVR	F	0.01%
PRM	C	0.01%
GSL	F	0.01%
AMSF	B	0.01%
SSP	F	0.01%
MODV	C	0.01%
ATNI	F	0.01%
NU	C	0.01%
BMBL	C	0.01%
PETS	C	0.01%
CENT	C	0.01%
MED	F	0.01%
CCRN	F	0.01%
FLGT	F	0.01%
GPMT	C	0.01%
TPIC	F	0.01%
OPI	F	0.01%
IRBT	F	0.01%
MYE	F	0.01%
SSYS	C	0.01%
AGL	F	0.01%
VREX	C	0.01%
WOLF	F	0.01%
TITN	C	0.01%
RGP	F	0.01%
USPH	B	0.01%
OIS	C	0.01%
PLOW	D	0.01%
MEI	D	0.01%
CHGG	D	0.0%
EVH	F	0.0%
PCRX	C	0.0%
MGPI	F	0.0%
ALGM	D	0.0%
GIC	D	0.0%
TWI	F	0.0%
SEG	B	0.0%
HY	D	0.0%
WTI	F	0.0%
GSM	D	0.0%
CRNC	C	0.0%
AMPH	D	0.0%
SPWH	F	0.0%
HAYN	C	0.0%
ONEW	D	0.0%
THR	B	0.0%
INMD	C	0.0%
TTEC	F	0.0%
MSBI	B	0.0%
AMRC	F	0.0%
CMTL	F	0.0%
IIPR	D	0.0%
REX	D	0.0%
SEDG	F	0.0%
PEBO	A	0.0%
LXU	B	0.0%
TBBK	B	0.0%
AOSL	C	0.0%
NR	B	0.0%
CRVL	A	0.0%
NIC	B	0.0%
PFBC	B	0.0%

FNDA Underweight 139 Positions Relative to FDIS

Symbol	Grade	Weight
AMZN	C	-23.16%
TSLA	B	-14.23%
HD	A	-6.43%
MCD	D	-3.46%
BKNG	A	-2.73%
LOW	D	-2.49%
TJX	A	-2.19%
SBUX	A	-1.83%
NKE	D	-1.49%
CMG	B	-1.35%
ORLY	B	-1.19%
MAR	B	-1.14%
GM	B	-1.09%
HLT	A	-1.04%
AZO	C	-0.89%
DHI	D	-0.81%
ROST	C	-0.79%
F	C	-0.72%
LEN	D	-0.69%
YUM	B	-0.64%
LULU	C	-0.63%
GRMN	B	-0.55%
EBAY	D	-0.54%
NVR	D	-0.5%
TSCO	D	-0.5%
DECK	A	-0.47%
PHM	D	-0.47%
CVNA	B	-0.46%
CCL	B	-0.43%
EXPE	B	-0.42%
DRI	B	-0.35%
LVS	C	-0.32%
BBY	D	-0.32%
ULTA	F	-0.32%
DKNG	B	-0.31%
BURL	A	-0.31%
GPC	D	-0.3%
TOL	B	-0.29%
WSM	B	-0.29%
DPZ	C	-0.27%
APTV	D	-0.26%
POOL	C	-0.25%
TPR	B	-0.25%
NCLH	B	-0.23%
KMX	B	-0.23%
SCI	B	-0.23%
DKS	C	-0.22%
DUOL	A	-0.21%
MUSA	A	-0.2%
LAD	A	-0.2%
ARMK	B	-0.19%
LKQ	D	-0.19%
MGM	D	-0.18%
TPX	B	-0.18%
RL	B	-0.17%
SKX	D	-0.16%
HAS	D	-0.16%
CZR	F	-0.16%
BROS	B	-0.15%
RIVN	F	-0.15%
TMHC	B	-0.15%
BWA	D	-0.15%
VFC	C	-0.15%
MHK	D	-0.15%
WHR	B	-0.14%
GNTX	C	-0.14%
ALV	C	-0.14%
CHWY	B	-0.13%
KBH	D	-0.13%
GPI	A	-0.13%
MTN	C	-0.13%
MTH	D	-0.13%
BC	C	-0.12%
THO	B	-0.12%
PVH	C	-0.12%
BBWI	D	-0.12%
ABG	B	-0.11%
GAP	C	-0.11%
LEA	D	-0.11%
SHAK	C	-0.11%
TPH	D	-0.1%
AN	C	-0.1%
HBI	B	-0.09%
M	D	-0.09%
NWL	B	-0.09%
HOG	D	-0.09%
SGBX	F	-0.09%
VAC	B	-0.08%
PII	D	-0.08%
PAG	B	-0.08%
PENN	C	-0.08%
ASO	F	-0.08%
RVLV	B	-0.07%
LCID	F	-0.07%
AAP	C	-0.06%
UA	C	-0.06%
FL	F	-0.06%
OSW	A	-0.06%
LTH	C	-0.06%
GT	C	-0.06%
WRBY	B	-0.06%
PLYA	B	-0.05%
FLUT	A	-0.05%
WINA	B	-0.05%
ADNT	F	-0.05%
QS	F	-0.05%
UTI	A	-0.05%
KSS	F	-0.05%
CRI	D	-0.05%
XPEL	C	-0.05%
LEG	F	-0.05%
MCRI	A	-0.05%
CPRI	F	-0.05%
FIGS	F	-0.04%
ACEL	C	-0.04%
FWRG	C	-0.04%
COUR	F	-0.04%
PTLO	F	-0.04%
DFH	D	-0.04%
VZIO	A	-0.04%
MCW	B	-0.04%
RICK	C	-0.03%
BALY	C	-0.03%
LIND	C	-0.03%
ODP	F	-0.03%
KRUS	B	-0.03%
DAN	D	-0.03%
UDMY	F	-0.03%
GTX	D	-0.03%
LAZR	F	-0.02%
LEGH	D	-0.02%
BOWL	C	-0.02%
TH	C	-0.02%
XPOF	C	-0.02%
ARHS	F	-0.02%
EWCZ	F	-0.01%
GRPN	F	-0.01%
CRCT	F	-0.01%
RSI	B	-0.0%