FNDA vs. FNX ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to First Trust Mid Cap Core AlphaDEX (FNX)

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

$30.88

Average Daily Volume

481,574

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

FNX

First Trust Mid Cap Core AlphaDEX

FNX 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 Mid Cap Core 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 MidCap 400(R) 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

$121.05

Average Daily Volume

19,359

Number of Holdings ^*

437

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	FNX
30 Days	2.08%	1.65%
60 Days	4.33%	4.07%
90 Days	7.46%	7.14%
12 Months	26.03%	31.19%

229 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in FNX	Overlap
AAON	B	0.09%	0.36%	0.09%
ABCB	B	0.13%	0.23%	0.13%
ACA	A	0.19%	0.16%	0.16%
ACIW	B	0.18%	0.4%	0.18%
ADC	A	0.07%	0.21%	0.07%
ADTN	A	0.19%	0.38%	0.19%
AEO	F	0.1%	0.23%	0.1%
AGNC	C	0.19%	0.06%	0.06%
AGO	A	0.16%	0.39%	0.16%
AIT	B	0.28%	0.25%	0.25%
ALIT	C	0.08%	0.07%	0.07%
ALK	A	0.05%	0.24%	0.05%
ALKS	C	0.02%	0.22%	0.02%
AMKR	F	0.17%	0.25%	0.17%
AMR	C	0.13%	0.35%	0.13%
ANF	C	0.34%	0.22%	0.22%
ASH	F	0.17%	0.26%	0.17%
ATI	C	0.08%	0.31%	0.08%
ATKR	D	0.13%	0.39%	0.13%
AUB	B	0.07%	0.16%	0.07%
AVNT	B	0.22%	0.14%	0.14%
AWI	B	0.23%	0.25%	0.23%
AX	B	0.11%	0.45%	0.11%
AXS	A	0.12%	0.22%	0.12%
AZEK	B	0.08%	0.14%	0.08%
BCO	F	0.14%	0.3%	0.14%
BCPC	B	0.09%	0.07%	0.07%
BDC	B	0.17%	0.23%	0.17%
BFAM	F	0.11%	0.29%	0.11%
BKH	A	0.23%	0.28%	0.23%
BLKB	B	0.06%	0.14%	0.06%
BMI	C	0.07%	0.29%	0.07%
BOKF	B	0.11%	0.15%	0.11%
BOOT	D	0.1%	0.28%	0.1%
BRBR	A	0.05%	0.16%	0.05%
BWXT	A	0.26%	0.24%	0.24%
BYD	B	0.21%	0.32%	0.21%
CADE	B	0.22%	0.33%	0.22%
CBSH	A	0.21%	0.08%	0.08%
CBT	C	0.22%	0.29%	0.22%
CFR	B	0.23%	0.17%	0.17%
CHDN	C	0.15%	0.08%	0.08%
CHRD	F	0.12%	0.36%	0.12%
CIVI	D	0.11%	0.37%	0.11%
CLH	C	0.26%	0.23%	0.23%
CNS	B	0.08%	0.15%	0.08%
CNX	A	0.17%	0.41%	0.17%
CNXC	F	0.04%	0.28%	0.04%
COKE	C	0.13%	0.33%	0.13%
COLB	B	0.19%	0.25%	0.19%
COLM	B	0.18%	0.21%	0.18%
COOP	B	0.22%	0.38%	0.22%
CORT	C	0.1%	0.45%	0.1%
COTY	F	0.06%	0.05%	0.05%
CRC	A	0.19%	0.23%	0.19%
CRL	D	0.11%	0.15%	0.11%
CROX	F	0.14%	0.1%	0.1%
CRS	A	0.25%	0.39%	0.25%
CRUS	F	0.21%	0.12%	0.12%
CRVL	A	0.0%	0.31%	0.0%
CSWI	A	0.08%	0.4%	0.08%
CTRE	C	0.03%	0.07%	0.03%
CUBE	C	0.18%	0.13%	0.13%
CUZ	B	0.19%	0.23%	0.19%
CVLT	B	0.14%	0.39%	0.14%
CWST	A	0.06%	0.08%	0.06%
DAY	B	0.02%	0.09%	0.02%
DBX	C	0.13%	0.07%	0.07%
DDS	B	0.11%	0.37%	0.11%
DIOD	F	0.11%	0.21%	0.11%
DNB	B	0.13%	0.15%	0.13%
DT	C	0.03%	0.14%	0.03%
DTM	A	0.23%	0.17%	0.17%
DY	C	0.24%	0.34%	0.24%
EEFT	C	0.17%	0.07%	0.07%
EGP	D	0.08%	0.07%	0.07%
ELAN	D	0.21%	0.07%	0.07%
ENS	D	0.19%	0.27%	0.19%
ENSG	D	0.14%	0.36%	0.14%
EPRT	A	0.05%	0.27%	0.05%
ESAB	C	0.17%	0.09%	0.09%
ESI	B	0.22%	0.07%	0.07%
ESNT	D	0.15%	0.3%	0.15%
EXEL	B	0.2%	0.29%	0.2%
EXLS	B	0.14%	0.34%	0.14%
EXPO	D	0.07%	0.13%	0.07%
FCN	F	0.19%	0.06%	0.06%
FELE	B	0.12%	0.14%	0.12%
FFIN	B	0.09%	0.23%	0.09%
FIVE	F	0.1%	0.21%	0.1%
FIX	A	0.25%	0.41%	0.25%
FLS	A	0.29%	0.24%	0.24%
FNB	B	0.23%	0.24%	0.23%
FND	F	0.13%	0.06%	0.06%
FR	C	0.11%	0.07%	0.07%
FSS	B	0.11%	0.2%	0.11%
FUL	F	0.17%	0.14%	0.14%
GATX	B	0.22%	0.08%	0.08%
GME	C	0.31%	0.08%	0.08%
GMED	A	0.15%	0.32%	0.15%
GMS	B	0.21%	0.31%	0.21%
GOLF	B	0.08%	0.08%	0.08%
GWRE	A	0.07%	0.3%	0.07%
H	B	0.14%	0.07%	0.07%
HALO	F	0.06%	0.22%	0.06%
HASI	F	0.02%	0.23%	0.02%
HCC	B	0.27%	0.41%	0.27%
HGV	C	0.12%	0.16%	0.12%
HLI	B	0.19%	0.25%	0.19%
HLNE	A	0.01%	0.4%	0.01%
HOMB	A	0.1%	0.15%	0.1%
HP	C	0.19%	0.42%	0.19%
HRB	D	0.13%	0.2%	0.13%
HRI	C	0.28%	0.31%	0.28%
HWC	B	0.21%	0.24%	0.21%
IAC	D	0.12%	0.07%	0.07%
IBKR	A	0.11%	0.34%	0.11%
IBOC	B	0.11%	0.17%	0.11%
IBP	F	0.09%	0.18%	0.09%
IDA	A	0.21%	0.23%	0.21%
IRT	A	0.07%	0.07%	0.07%
ITGR	B	0.12%	0.29%	0.12%
ITRI	B	0.13%	0.32%	0.13%
JAZZ	C	0.14%	0.31%	0.14%
JWN	C	0.12%	0.21%	0.12%
KAI	B	0.08%	0.17%	0.08%
KEX	B	0.2%	0.22%	0.2%
KFY	B	0.21%	0.15%	0.15%
KNF	B	0.19%	0.4%	0.19%
KNSL	B	0.03%	0.07%	0.03%
KRC	C	0.22%	0.3%	0.22%
KRG	A	0.1%	0.07%	0.07%
KTB	A	0.15%	0.39%	0.15%
LBRDK	C	0.09%	0.35%	0.09%
LBRT	F	0.12%	0.32%	0.12%
LFUS	D	0.17%	0.07%	0.07%
LOPE	B	0.23%	0.09%	0.09%
LYFT	C	0.07%	0.1%	0.07%
MAT	D	0.19%	0.14%	0.14%
MATX	B	0.04%	0.41%	0.04%
MGY	A	0.09%	0.39%	0.09%
MHO	D	0.25%	0.34%	0.25%
MKTX	D	0.14%	0.15%	0.14%
MMS	D	0.11%	0.21%	0.11%
MMSI	A	0.09%	0.22%	0.09%
MOD	A	0.15%	0.34%	0.15%
MOG.A	B	0.22%	0.39%	0.22%
MORN	B	0.11%	0.08%	0.08%
MSM	D	0.12%	0.22%	0.12%
MTCH	F	0.15%	0.11%	0.11%
MTDR	C	0.17%	0.4%	0.17%
NJR	A	0.17%	0.14%	0.14%
NNN	C	0.15%	0.06%	0.06%
NOG	B	0.04%	0.41%	0.04%
NSP	F	0.07%	0.06%	0.06%
NYT	D	0.18%	0.14%	0.14%
OGS	A	0.19%	0.28%	0.19%
OHI	B	0.26%	0.14%	0.14%
OLLI	D	0.16%	0.14%	0.14%
ONB	B	0.17%	0.16%	0.16%
OPCH	F	0.08%	0.05%	0.05%
ORA	B	0.09%	0.08%	0.08%
OTTR	C	0.09%	0.35%	0.09%
OZK	B	0.2%	0.3%	0.2%
PB	A	0.23%	0.16%	0.16%
PEGA	B	0.03%	0.33%	0.03%
PFSI	C	0.16%	0.06%	0.06%
PIPR	B	0.17%	0.33%	0.17%
PLNT	A	0.13%	0.25%	0.13%
PNFP	B	0.24%	0.17%	0.17%
PNM	B	0.2%	0.21%	0.2%
PODD	B	0.05%	0.32%	0.05%
PSN	C	0.11%	0.38%	0.11%
PTEN	C	0.16%	0.38%	0.16%
RBC	A	0.09%	0.07%	0.07%
RDN	D	0.24%	0.34%	0.24%
RDNT	B	0.04%	0.29%	0.04%
REYN	D	0.06%	0.19%	0.06%
RGLD	C	0.13%	0.07%	0.07%
RHP	B	0.09%	0.07%	0.07%
RIG	D	0.12%	0.22%	0.12%
RLI	A	0.13%	0.08%	0.08%
RNR	C	0.13%	0.34%	0.13%
RRC	B	0.14%	0.3%	0.14%
RUN	F	0.02%	0.16%	0.02%
RYN	D	0.14%	0.13%	0.13%
SBRA	B	0.18%	0.22%	0.18%
SEM	B	0.22%	0.16%	0.16%
SF	B	0.31%	0.09%	0.09%
SFBS	B	0.04%	0.42%	0.04%
SIG	C	0.23%	0.33%	0.23%
SIGI	B	0.16%	0.08%	0.08%
SKY	A	0.16%	0.07%	0.07%
SLG	B	0.15%	0.24%	0.15%
SLGN	A	0.14%	0.14%	0.14%
SMG	C	0.19%	0.23%	0.19%
SR	A	0.19%	0.27%	0.19%
SSB	B	0.1%	0.16%	0.1%
SSD	D	0.17%	0.07%	0.07%
SUM	B	0.17%	0.27%	0.17%
SWX	A	0.26%	0.21%	0.21%
TECH	F	0.11%	0.07%	0.07%
TEX	D	0.18%	0.37%	0.18%
TKO	A	0.03%	0.27%	0.03%
TNET	F	0.11%	0.07%	0.07%
TOST	A	0.06%	0.37%	0.06%
TPG	A	0.14%	0.24%	0.14%
TTEK	F	0.2%	0.35%	0.2%
TW	A	0.09%	0.22%	0.09%
TXRH	B	0.28%	0.24%	0.24%
UBSI	B	0.19%	0.16%	0.16%
UCB	A	0.1%	0.15%	0.1%
UMBF	B	0.17%	0.16%	0.16%
URBN	C	0.18%	0.35%	0.18%
VLY	B	0.2%	0.23%	0.2%
VMI	B	0.25%	0.08%	0.08%
VNT	C	0.17%	0.25%	0.17%
VRRM	F	0.05%	0.06%	0.05%
WAL	B	0.28%	0.15%	0.15%
WBS	A	0.26%	0.26%	0.26%
WD	D	0.15%	0.14%	0.14%
WHD	B	0.06%	0.24%	0.06%
WING	D	0.04%	0.11%	0.04%
WTFC	B	0.23%	0.25%	0.23%
WTM	A	0.17%	0.08%	0.08%
WTRG	B	0.12%	0.22%	0.12%
WTS	B	0.14%	0.14%	0.14%
WWD	B	0.25%	0.15%	0.15%
WYNN	D	0.18%	0.12%	0.12%

FNDA Overweight 767 Positions Relative to FNX

Symbol	Grade	Weight
RCL	A	0.45%
GEO	A	0.42%
UAL	A	0.42%
SATS	C	0.38%
FICO	B	0.36%
COIN	A	0.34%
UTHR	C	0.32%
APP	A	0.3%
XPO	B	0.3%
VSCO	A	0.29%
BKU	A	0.29%
MAC	A	0.28%
KMPR	A	0.28%
CXW	B	0.28%
UAA	C	0.25%
SLVM	C	0.25%
LITE	B	0.25%
PRG	C	0.25%
Z	A	0.25%
GVA	A	0.25%
VRT	A	0.24%
SKYW	B	0.24%
PLXS	B	0.24%
SAIA	C	0.24%
HEI	A	0.24%
FRT	B	0.23%
INCY	C	0.23%
FDP	B	0.23%
VLTO	C	0.23%
SPB	C	0.23%
WH	B	0.23%
GHC	B	0.23%
SPOT	B	0.22%
CWK	C	0.22%
CR	A	0.22%
DEI	B	0.22%
VIRT	A	0.22%
ZM	B	0.22%
TTMI	B	0.22%
HIW	D	0.21%
FDS	B	0.21%
PINC	B	0.21%
TPC	C	0.21%
RXO	C	0.21%
BHE	B	0.21%
ASB	B	0.21%
SBH	B	0.2%
FHB	B	0.2%
TRN	A	0.2%
SCCO	F	0.2%
MC	B	0.2%
CALM	A	0.2%
ELS	B	0.2%
GBX	B	0.2%
UNIT	B	0.2%
ARCB	C	0.19%
JBLU	F	0.19%
STC	B	0.19%
TWLO	A	0.19%
LCII	D	0.19%
BIO	C	0.19%
ATGE	B	0.19%
EAT	A	0.19%
DASH	A	0.19%
CCS	F	0.19%
NVST	C	0.19%
ENVA	B	0.19%
WMK	B	0.18%
AMH	C	0.18%
HNI	B	0.18%
PATK	D	0.18%
RPRX	F	0.18%
DBRG	F	0.18%
TPL	A	0.18%
GIII	D	0.18%
KMT	C	0.18%
IMKTA	C	0.18%
HXL	F	0.17%
APLE	B	0.17%
ALE	A	0.17%
NWE	C	0.17%
LAUR	A	0.17%
VVV	D	0.17%
NOW	B	0.17%
PCH	D	0.17%
PSMT	D	0.17%
CATY	B	0.17%
VSTS	F	0.17%
PHIN	B	0.17%
WGO	D	0.17%
GBCI	B	0.17%
UNF	B	0.17%
SPR	D	0.17%
CSGP	F	0.17%
SN	D	0.17%
SHOO	D	0.17%
RH	D	0.16%
EBS	C	0.16%
PLTR	A	0.16%
COLD	F	0.16%
AVA	C	0.16%
WAFD	B	0.16%
VEEV	C	0.16%
APO	A	0.16%
GEF	B	0.16%
ZD	B	0.16%
OUT	A	0.16%
GTES	A	0.16%
MASI	B	0.16%
VYX	C	0.16%
LNW	F	0.16%
SFNC	B	0.16%
ENTG	F	0.16%
B	A	0.16%
CBRL	C	0.15%
DNOW	B	0.15%
AGR	A	0.15%
TCBI	B	0.15%
FWRD	D	0.15%
ROL	B	0.15%
TNL	B	0.15%
ARES	A	0.15%
NOMD	D	0.15%
CEIX	A	0.15%
APAM	B	0.15%
MTX	C	0.15%
LGIH	F	0.15%
SCS	B	0.15%
LZB	B	0.15%
UVV	B	0.15%
PDCO	F	0.15%
SITE	D	0.15%
ICUI	D	0.14%
NMRK	B	0.14%
AMWD	C	0.14%
SNDR	B	0.14%
APOG	B	0.14%
VSTO	A	0.14%
BOH	B	0.14%
CDP	C	0.14%
TDC	D	0.14%
KAR	A	0.14%
FULT	B	0.14%
OMI	F	0.14%
APG	C	0.14%
TYL	B	0.14%
MLKN	F	0.14%
MCY	B	0.14%
BXMT	C	0.14%
CNK	A	0.14%
SLAB	F	0.14%
AROC	A	0.14%
CACC	F	0.14%
PPC	B	0.14%
YELP	C	0.14%
NEU	D	0.14%
CVCO	A	0.14%
SXT	C	0.14%
HE	C	0.14%
SAH	B	0.14%
CGNX	D	0.14%
ABNB	D	0.13%
WMS	F	0.13%
SCL	D	0.13%
IOSP	C	0.13%
WEX	F	0.13%
HELE	C	0.13%
DORM	B	0.13%
SMTC	C	0.13%
THS	F	0.13%
IGT	F	0.13%
DLB	F	0.13%
UPBD	C	0.13%
EPR	D	0.13%
IDCC	B	0.13%
CABO	C	0.13%
FTI	A	0.13%
RYI	C	0.13%
WEN	C	0.13%
PRIM	A	0.12%
HOPE	B	0.12%
FSLR	F	0.12%
CNM	C	0.12%
ETSY	D	0.12%
DRH	B	0.12%
CHX	C	0.12%
COMP	B	0.12%
ANDE	F	0.12%
ECPG	C	0.12%
HEES	C	0.12%
PTC	B	0.12%
VRSN	F	0.12%
JELD	F	0.12%
JBT	A	0.12%
IPGP	D	0.12%
AMED	F	0.12%
TROX	D	0.12%
JBGS	F	0.12%
RLJ	C	0.12%
TREX	D	0.12%
LRN	A	0.12%
AIR	B	0.12%
BANR	B	0.12%
MWA	B	0.12%
WWW	A	0.12%
WDAY	C	0.12%
BGC	C	0.12%
SASR	B	0.11%
EPC	F	0.11%
ENOV	C	0.11%
WSBC	B	0.11%
STAG	D	0.11%
CPNG	D	0.11%
STRL	A	0.11%
FN	B	0.11%
HI	C	0.11%
KALU	C	0.11%
XHR	B	0.11%
VIAV	C	0.11%
PPBI	B	0.11%
PLUS	F	0.11%
MPWR	F	0.11%
AEIS	B	0.11%
TRMK	B	0.11%
SKT	A	0.11%
HPP	F	0.11%
PECO	A	0.11%
HTH	B	0.11%
MANH	D	0.11%
CBU	B	0.11%
HLF	C	0.11%
PBH	A	0.11%
FIBK	B	0.11%
BLD	F	0.11%
CHE	F	0.11%
CVBF	B	0.11%
FHI	B	0.11%
FFBC	B	0.11%
MYRG	C	0.11%
NGVT	C	0.11%
AM	A	0.1%
WSFS	B	0.1%
ABR	B	0.1%
SIRI	D	0.1%
NHC	B	0.1%
GFF	B	0.1%
WSC	F	0.1%
HTLF	B	0.1%
ENR	B	0.1%
ACHC	F	0.1%
MGEE	A	0.1%
HAE	C	0.1%
UE	A	0.1%
SHO	D	0.1%
COMM	D	0.1%
NTCT	C	0.1%
LANC	D	0.1%
DHC	F	0.1%
BKE	B	0.1%
PFS	B	0.1%
PAYC	B	0.1%
AZZ	A	0.1%
SAM	C	0.1%
BXC	B	0.1%
CHH	A	0.09%
ALEX	B	0.09%
CNXN	D	0.09%
CSGS	B	0.09%
PDM	D	0.09%
ESE	B	0.09%
FTDR	B	0.09%
CENTA	C	0.09%
PINS	F	0.09%
NHI	D	0.09%
RNG	C	0.09%
CWEN	C	0.09%
RAMP	C	0.09%
ESRT	C	0.09%
AIN	C	0.09%
STRA	C	0.09%
ROCK	D	0.09%
ICFI	F	0.09%
PRDO	B	0.09%
NPO	A	0.09%
IBTX	B	0.09%
MGRC	B	0.09%
PBI	B	0.09%
DXCM	C	0.09%
SCSC	B	0.09%
FRME	B	0.09%
OSIS	A	0.09%
EIG	B	0.09%
INDB	B	0.09%
JACK	D	0.09%
VSH	F	0.09%
VC	F	0.09%
SVC	F	0.09%
ROKU	D	0.09%
BRKR	F	0.09%
MSA	D	0.09%
OMCL	C	0.08%
ROIC	A	0.08%
YETI	D	0.08%
RRR	F	0.08%
DLX	B	0.08%
UCTT	F	0.08%
REVG	B	0.08%
DOLE	D	0.08%
CARG	B	0.08%
MD	C	0.08%
KFRC	D	0.08%
ARI	C	0.08%
IRDM	F	0.08%
SAFT	B	0.08%
HL	C	0.08%
WNC	D	0.08%
OII	B	0.08%
TTD	B	0.08%
KW	B	0.08%
KLG	D	0.08%
ALGT	C	0.08%
CCOI	B	0.08%
PTON	C	0.08%
PMT	D	0.08%
KOS	D	0.08%
BMRN	F	0.08%
WOR	F	0.08%
SYNA	D	0.08%
LXP	D	0.08%
GO	C	0.08%
NWBI	B	0.08%
NWN	A	0.08%
LILAK	F	0.08%
AKR	A	0.08%
TALO	C	0.08%
CBZ	B	0.08%
PRK	B	0.08%
POWI	D	0.08%
TOWN	B	0.08%
PJT	B	0.07%
CPK	A	0.07%
CNA	C	0.07%
KOP	C	0.07%
HHH	B	0.07%
CUBI	C	0.07%
QLYS	C	0.07%
SMCI	F	0.07%
SABR	B	0.07%
ONTO	F	0.07%
HLX	C	0.07%
BSIG	A	0.07%
NMIH	D	0.07%
FCF	B	0.07%
MRTN	C	0.07%
BRC	C	0.07%
EBC	B	0.07%
HQY	A	0.07%
EYE	C	0.07%
OLED	F	0.07%
BLMN	F	0.07%
CRK	A	0.07%
ROG	D	0.07%
IART	C	0.07%
OPEN	F	0.07%
SXI	B	0.07%
PR	B	0.07%
PTVE	B	0.07%
REXR	F	0.07%
NX	C	0.07%
JJSF	C	0.07%
CASH	B	0.07%
ZWS	B	0.07%
BDN	C	0.07%
PLAB	D	0.07%
MRCY	C	0.07%
THRM	F	0.07%
HMN	B	0.07%
PEB	F	0.07%
GNL	D	0.07%
AMN	F	0.07%
CDE	C	0.07%
CAKE	B	0.07%
HWKN	B	0.07%
TILE	B	0.07%
NBTB	B	0.07%
ALG	C	0.07%
CXT	C	0.07%
KN	B	0.07%
LADR	B	0.07%
CWT	C	0.07%
ROAD	A	0.07%
MTRN	C	0.07%
AXL	C	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	D	0.06%
ENV	B	0.06%
PRGS	B	0.06%
HCSG	C	0.06%
BNL	D	0.06%
GTLS	A	0.06%
GES	F	0.06%
CAL	F	0.06%
NTGR	A	0.06%
ECVT	C	0.06%
MMI	B	0.06%
EMBC	D	0.06%
TDOC	D	0.06%
SEB	F	0.06%
GCI	D	0.06%
KTOS	C	0.06%
OXM	F	0.06%
TNC	F	0.06%
GFS	C	0.06%
TRS	B	0.06%
MEDP	D	0.06%
BSY	D	0.06%
BUSE	B	0.06%
WDFC	B	0.06%
FORM	F	0.06%
OEC	C	0.06%
EFSC	B	0.06%
TRIP	F	0.06%
HURN	B	0.06%
KWR	D	0.06%
AWR	A	0.06%
SONO	C	0.06%
NNI	D	0.06%
DFIN	D	0.06%
PGRE	D	0.06%
ATSG	A	0.06%
VBTX	B	0.06%
ELME	D	0.06%
LGF.A	F	0.06%
CWH	C	0.06%
PLAY	D	0.06%
SCHL	F	0.06%
KELYA	F	0.06%
BKD	F	0.06%
STBA	B	0.06%
ERIE	F	0.06%
EAF	B	0.06%
NBIX	C	0.06%
NSA	C	0.06%
EXPI	C	0.06%
AAT	A	0.06%
SJW	F	0.05%
UIS	C	0.05%
LIVN	D	0.05%
ACCO	B	0.05%
VRTS	B	0.05%
CNDT	D	0.05%
AAL	B	0.05%
TRNO	D	0.05%
AY	A	0.05%
NTB	B	0.05%
HAYW	B	0.05%
CODI	B	0.05%
CHCO	B	0.05%
HTLD	B	0.05%
KLIC	C	0.05%
NOVT	D	0.05%
VSAT	F	0.05%
MRC	B	0.05%
VRE	A	0.05%
ICHR	C	0.05%
FOXF	F	0.05%
DEA	D	0.05%
SXC	A	0.05%
SNBR	F	0.05%
FBNC	B	0.05%
CCO	D	0.05%
AMRK	F	0.05%
CHEF	B	0.05%
CMCO	C	0.05%
PSTG	F	0.05%
ADUS	D	0.05%
SUPN	B	0.05%
MELI	D	0.05%
BV	C	0.05%
ESGR	B	0.05%
MODG	F	0.05%
CNMD	C	0.05%
AMCX	C	0.05%
SENEA	A	0.04%
ASIX	C	0.04%
OFG	B	0.04%
ALRM	C	0.04%
IPAR	C	0.04%
CARS	C	0.04%
NVEE	F	0.04%
PRA	B	0.04%
CNSL	B	0.04%
SWBI	C	0.04%
INSW	F	0.04%
ENPH	F	0.04%
FBRT	C	0.04%
PUMP	D	0.04%
IHRT	B	0.04%
CPS	C	0.04%
GLOB	C	0.04%
WFRD	F	0.04%
SFL	D	0.04%
GLNG	D	0.04%
RDUS	C	0.04%
ZUMZ	C	0.04%
GCO	C	0.04%
CSTM	F	0.04%
DHT	D	0.04%
INVA	C	0.04%
GTN	F	0.04%
RES	F	0.04%
EXAS	D	0.04%
RGEN	F	0.04%
AGRO	C	0.04%
IVT	A	0.04%
PEN	B	0.04%
CMPR	F	0.04%
VTLE	C	0.04%
DXPE	B	0.04%
PARR	F	0.04%
ZI	D	0.04%
SNAP	D	0.04%
PRAA	C	0.04%
HLIO	C	0.04%
LNN	B	0.04%
VCTR	B	0.04%
HAIN	D	0.04%
NBR	D	0.04%
LSCC	D	0.04%
W	D	0.04%
HZO	F	0.04%
JBSS	F	0.04%
BZH	C	0.04%
NEOG	D	0.04%
LKFN	B	0.04%
CRGY	A	0.04%
LTC	B	0.04%
AZTA	F	0.04%
RNST	B	0.04%
GRBK	D	0.04%
FCPT	C	0.04%
COHU	D	0.04%
CMRE	B	0.03%
ASTH	F	0.03%
DAC	B	0.03%
USNA	C	0.03%
XP	F	0.03%
BBSI	B	0.03%
WRLD	D	0.03%
CRAI	B	0.03%
MYGN	F	0.03%
RWT	D	0.03%
PAGS	F	0.03%
CNNE	B	0.03%
ZIMV	F	0.03%
THRY	F	0.03%
GDEN	B	0.03%
VIR	F	0.03%
EVTC	B	0.03%
CVGW	D	0.03%
HMST	D	0.03%
HSII	B	0.03%
SBCF	B	0.03%
AGM	B	0.03%
PRLB	C	0.03%
RGR	F	0.03%
ILPT	D	0.03%
UVE	A	0.03%
CPF	B	0.03%
SBLK	F	0.03%
MXL	C	0.03%
RMBS	C	0.03%
PRVA	C	0.03%
MP	C	0.03%
GLDD	B	0.03%
SSTK	F	0.03%
RKT	F	0.03%
RC	D	0.03%
STNG	D	0.03%
AMC	D	0.03%
CFFN	B	0.03%
CBL	A	0.03%
VAL	F	0.03%
WTTR	A	0.03%
LEVI	F	0.03%
VRNT	D	0.03%
MATV	F	0.03%
CMTG	D	0.03%
TSE	F	0.03%
SCVL	F	0.03%
SMP	C	0.03%
SGRY	F	0.03%
USM	B	0.03%
NUS	C	0.03%
SPSC	F	0.03%
STEP	B	0.03%
MNRO	C	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	C	0.03%
VSEC	B	0.03%
PZZA	F	0.03%
BGS	F	0.03%
LPG	F	0.03%
PLCE	C	0.02%
GTY	A	0.02%
ARKO	D	0.02%
CTRN	F	0.02%
CLDT	C	0.02%
NPK	C	0.02%
BRY	F	0.02%
FIZZ	C	0.02%
CLOV	D	0.02%
AMBC	C	0.02%
CLVT	D	0.02%
ALTO	F	0.02%
IRWD	F	0.02%
BRSP	C	0.02%
RYAM	C	0.02%
KRNY	B	0.02%
CMP	C	0.02%
CCSI	C	0.02%
ARCO	F	0.02%
DHIL	A	0.02%
DBI	F	0.02%
TEN	F	0.02%
AVNS	F	0.02%
OPK	B	0.02%
CSR	A	0.02%
GNK	D	0.02%
SHEN	F	0.02%
CSV	B	0.02%
WOW	C	0.02%
KREF	D	0.02%
SRCE	B	0.02%
EDR	A	0.02%
CLB	C	0.02%
WABC	B	0.02%
HVT	D	0.02%
AVO	B	0.02%
HFWA	B	0.02%
MTW	C	0.02%
EBF	D	0.02%
MERC	F	0.02%
XPRO	F	0.02%
CNOB	B	0.02%
WASH	B	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	A	0.02%
UTL	C	0.02%
HAFC	B	0.02%
MATW	C	0.02%
BJRI	C	0.02%
STNE	F	0.02%
WMG	C	0.02%
PFC	B	0.02%
EVRI	A	0.02%
DCO	B	0.02%
AHCO	D	0.02%
TBI	F	0.02%
BRKL	B	0.02%
CLW	F	0.02%
WOOF	D	0.02%
MTUS	D	0.02%
GDOT	D	0.02%
OKTA	D	0.02%
SBSI	B	0.02%
OCFC	B	0.02%
SFIX	B	0.02%
ETD	D	0.02%
VTOL	B	0.01%
IIIN	D	0.01%
RILY	F	0.01%
NBHC	B	0.01%
SNEX	B	0.01%
LESL	C	0.01%
FBK	B	0.01%
LGND	C	0.01%
GPRO	F	0.01%
MBUU	C	0.01%
BHLB	B	0.01%
PKST	F	0.01%
KE	C	0.01%
AVD	C	0.01%
JRVR	F	0.01%
PRM	B	0.01%
GSL	F	0.01%
AMSF	B	0.01%
SSP	F	0.01%
SRI	F	0.01%
MODV	D	0.01%
ATNI	F	0.01%
NU	C	0.01%
CRMT	F	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%
MOV	D	0.01%
GPMT	B	0.01%
TPIC	F	0.01%
OPI	F	0.01%
IRBT	F	0.01%
MYE	F	0.01%
DENN	D	0.01%
SSYS	C	0.01%
AGL	F	0.01%
DIN	C	0.01%
VREX	C	0.01%
WOLF	F	0.01%
TITN	D	0.01%
RGP	F	0.01%
USPH	C	0.01%
OIS	C	0.01%
FLWS	F	0.01%
PLOW	D	0.01%
MEI	F	0.01%
CHGG	F	0.0%
EVH	F	0.0%
PCRX	C	0.0%
MGPI	F	0.0%
ALGM	F	0.0%
GIC	F	0.0%
TWI	F	0.0%
SEG	B	0.0%
HY	D	0.0%
WTI	F	0.0%
GSM	C	0.0%
CRNC	F	0.0%
AMPH	F	0.0%
SPWH	F	0.0%
DNUT	F	0.0%
HAYN	A	0.0%
ONEW	F	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	F	0.0%
HOV	D	0.0%
REX	D	0.0%
SEDG	F	0.0%
PEBO	B	0.0%
LXU	C	0.0%
TBBK	B	0.0%
AOSL	C	0.0%
NR	C	0.0%
NIC	B	0.0%
PFBC	B	0.0%

FNDA Underweight 208 Positions Relative to FNX

Symbol	Grade	Weight
SFM	A	-0.46%
QTWO	B	-0.45%
ZETA	D	-0.42%
DUOL	A	-0.41%
LAD	B	-0.41%
CMC	B	-0.4%
FOUR	A	-0.4%
AFRM	A	-0.4%
OSK	C	-0.39%
CACI	C	-0.39%
OVV	C	-0.39%
SM	C	-0.38%
IOT	A	-0.38%
TMHC	B	-0.37%
GPI	B	-0.37%
NTRA	A	-0.37%
HIMS	C	-0.36%
MLI	B	-0.36%
NOV	D	-0.36%
LTH	C	-0.36%
PVH	C	-0.36%
TAP	B	-0.36%
AL	B	-0.36%
AMG	C	-0.36%
EWBC	A	-0.35%
COHR	B	-0.35%
ALSN	B	-0.35%
SOFI	A	-0.35%
MUR	F	-0.35%
PBF	D	-0.35%
BCC	C	-0.35%
KBH	D	-0.34%
WCC	B	-0.34%
MDU	D	-0.34%
MTH	D	-0.33%
UNM	A	-0.33%
BWA	D	-0.33%
G	B	-0.33%
DINO	D	-0.33%
CW	B	-0.33%
TPH	D	-0.33%
JXN	C	-0.33%
UGI	C	-0.33%
RUSHA	B	-0.33%
MTG	D	-0.33%
FMC	D	-0.32%
AVAV	C	-0.32%
DVA	C	-0.32%
FRPT	A	-0.32%
ABG	B	-0.31%
DAR	B	-0.31%
ASO	F	-0.31%
INGR	B	-0.31%
LEA	F	-0.31%
CNO	B	-0.31%
LNC	B	-0.31%
APA	F	-0.31%
R	B	-0.31%
EHC	B	-0.3%
HOG	F	-0.3%
EXP	B	-0.3%
GBDC	B	-0.29%
HST	D	-0.29%
UFPI	C	-0.29%
WHR	B	-0.29%
MOS	D	-0.29%
PNW	B	-0.29%
SOLV	F	-0.29%
AVT	C	-0.29%
DXC	D	-0.29%
BEN	C	-0.29%
SNX	D	-0.29%
POR	C	-0.28%
NFE	F	-0.28%
LNTH	F	-0.28%
M	D	-0.28%
NCLH	B	-0.28%
NXST	C	-0.28%
CLF	F	-0.28%
EVRG	A	-0.28%
FHN	A	-0.27%
LKQ	F	-0.27%
AAP	D	-0.27%
NFG	A	-0.27%
SANM	B	-0.26%
AN	D	-0.26%
ZION	B	-0.26%
SON	F	-0.26%
PI	D	-0.26%
OMF	A	-0.25%
BECN	B	-0.25%
ARW	F	-0.25%
UHS	D	-0.25%
EMN	D	-0.25%
JBL	C	-0.24%
RL	C	-0.24%
SEIC	B	-0.24%
RYAN	B	-0.23%
KNX	B	-0.23%
ITT	A	-0.22%
BOX	B	-0.22%
GL	C	-0.22%
LPX	B	-0.22%
CRDO	B	-0.22%
ORI	A	-0.22%
OGE	A	-0.22%
ASGN	F	-0.22%
PAG	B	-0.21%
BERY	D	-0.21%
THO	C	-0.21%
BC	D	-0.21%
INSM	C	-0.21%
MIDD	D	-0.21%
SLM	B	-0.21%
HII	F	-0.21%
SKX	F	-0.2%
AGCO	F	-0.2%
BBWI	C	-0.2%
IPG	F	-0.2%
AUR	C	-0.2%
SJM	D	-0.2%
POST	C	-0.2%
WU	F	-0.19%
WPC	C	-0.19%
TKR	F	-0.19%
OLN	F	-0.19%
VRNS	D	-0.19%
DOCU	B	-0.18%
AYI	B	-0.17%
PII	F	-0.17%
ITCI	B	-0.17%
TPR	B	-0.16%
PRI	A	-0.16%
RHI	C	-0.16%
GXO	B	-0.16%
S	B	-0.16%
CMA	B	-0.16%
JEF	A	-0.16%
EPAM	C	-0.16%
AIZ	A	-0.15%
GKOS	A	-0.15%
MSGS	B	-0.15%
TMDX	F	-0.15%
FFIV	B	-0.15%
PFGC	B	-0.15%
ATR	B	-0.15%
SCI	A	-0.15%
AXTA	B	-0.15%
DKS	D	-0.14%
FAF	C	-0.14%
TTC	F	-0.14%
ALLE	D	-0.14%
GPK	D	-0.14%
AXSM	B	-0.14%
PRGO	C	-0.14%
RNA	C	-0.14%
AR	B	-0.14%
VOYA	B	-0.14%
REG	A	-0.14%
AFG	A	-0.14%
BRX	A	-0.14%
RARE	F	-0.13%
INSP	F	-0.13%
HSIC	C	-0.13%
UHAL	D	-0.13%
MGM	D	-0.13%
BPOP	C	-0.13%
LAMR	D	-0.13%
OGN	F	-0.12%
AES	F	-0.1%
CLSK	C	-0.1%
SNV	B	-0.09%
PCTY	B	-0.09%
RVMD	B	-0.09%
THG	A	-0.08%
USFD	A	-0.08%
BPMC	C	-0.08%
SAIC	F	-0.08%
BJ	B	-0.08%
VNO	C	-0.08%
OWL	A	-0.08%
NTNX	B	-0.08%
MARA	C	-0.08%
KD	A	-0.08%
FLO	D	-0.07%
STWD	C	-0.07%
CCK	D	-0.07%
SEE	D	-0.07%
KMX	C	-0.07%
CZR	F	-0.07%
UDR	C	-0.07%
GAP	D	-0.07%
CPT	C	-0.07%
JLL	D	-0.07%
ARMK	C	-0.07%
LSTR	D	-0.07%
ROIV	D	-0.07%
MAIN	A	-0.07%
MUSA	B	-0.07%
DCI	B	-0.07%
RRX	B	-0.07%
FLR	B	-0.07%
AOS	F	-0.06%
HUN	F	-0.06%
FBIN	F	-0.06%
U	F	-0.06%
TFX	F	-0.06%
NSIT	F	-0.06%