FNDA vs. IYG ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to iShares U.S. Financial Services ETF (IYG)

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

$59.10

Average Daily Volume

244,114

Number of Holdings ^*

995

* may have additional holdings in another (foreign) market

IYG

iShares U.S. Financial Services ETF

IYG Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financial Services Index (the "underlying index"), which measures the performance of the financial services sector of the U.S. equity market. It is a subset of the Dow Jones U.S. Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.49

Average Daily Volume

37,505

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	IYG
30 Days	3.66%	1.10%
60 Days	8.37%	11.73%
90 Days	9.25%	8.97%
12 Months	27.41%	43.05%

34 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in IYG	Overlap
APO	A	0.13%	1.03%	0.13%
ARES	A	0.14%	0.53%	0.14%
BOKF	B	0.1%	0.04%	0.04%
CACC	F	0.15%	0.05%	0.05%
CBSH	D	0.18%	0.13%	0.13%
CFR	B	0.19%	0.13%	0.13%
COIN	F	0.24%	0.71%	0.24%
ESNT	A	0.18%	0.12%	0.12%
FDS	C	0.2%	0.32%	0.2%
FFIN	D	0.08%	0.08%	0.08%
FNB	D	0.2%	0.1%	0.1%
GBCI	B	0.14%	0.09%	0.09%
HLI	A	0.17%	0.15%	0.15%
HLNE	A	0.01%	0.12%	0.01%
HOMB	D	0.09%	0.09%	0.09%
IBKR	A	0.09%	0.28%	0.09%
MKTX	B	0.14%	0.17%	0.14%
MORN	B	0.1%	0.16%	0.1%
OZK	D	0.18%	0.08%	0.08%
PB	D	0.2%	0.12%	0.12%
PNFP	B	0.19%	0.14%	0.14%
RDN	D	0.25%	0.1%	0.1%
RKT	D	0.04%	0.05%	0.04%
SF	A	0.26%	0.18%	0.18%
SSB	C	0.1%	0.13%	0.1%
TPG	A	0.13%	0.09%	0.09%
TW	A	0.09%	0.26%	0.09%
UBSI	D	0.17%	0.09%	0.09%
UMBF	C	0.15%	0.09%	0.09%
VIRT	B	0.2%	0.05%	0.05%
VLY	C	0.18%	0.07%	0.07%
WAL	C	0.27%	0.17%	0.17%
WBS	D	0.21%	0.15%	0.15%
WTFC	B	0.19%	0.13%	0.13%

FNDA Overweight 961 Positions Relative to IYG

Symbol	Grade	Weight
SATS	C	0.5%
ANF	D	0.36%
RCL	B	0.35%
UTHR	C	0.31%
FICO	C	0.31%
MHO	C	0.29%
FLS	A	0.27%
GME	D	0.27%
MAC	B	0.27%
OHI	C	0.27%
HCC	C	0.27%
UAL	A	0.27%
SLVM	C	0.26%
CRUS	D	0.26%
CLH	B	0.26%
TXRH	A	0.26%
PRG	C	0.26%
SWX	C	0.26%
DY	C	0.26%
BKU	D	0.26%
SIG	C	0.25%
KMPR	D	0.25%
WWD	C	0.25%
VLTO	A	0.25%
SPB	C	0.24%
CRS	B	0.24%
HEI	C	0.24%
AIT	B	0.24%
BKH	C	0.24%
SCCO	B	0.24%
FIX	A	0.23%
AVNT	C	0.23%
UNIT	B	0.23%
Z	C	0.23%
BWXT	A	0.23%
CCS	C	0.23%
CBT	B	0.23%
TTEK	A	0.23%
SMG	C	0.23%
UAA	B	0.23%
XPO	F	0.23%
FRT	D	0.23%
DEI	A	0.22%
SEM	D	0.22%
RXO	D	0.22%
CWK	D	0.22%
ELAN	D	0.22%
HIW	C	0.22%
AGNC	B	0.22%
PLXS	A	0.22%
VMI	B	0.22%
KRC	C	0.22%
FCN	C	0.22%
ENS	B	0.21%
CR	A	0.21%
BHE	C	0.21%
ELS	D	0.21%
GEO	D	0.21%
AMKR	F	0.21%
KFY	C	0.21%
GHC	A	0.21%
HRI	B	0.21%
COLD	D	0.21%
ESI	C	0.21%
GVA	A	0.21%
MOG.A	C	0.21%
DBRG	D	0.21%
CROX	C	0.21%
COOP	B	0.21%
VSCO	C	0.21%
IDA	D	0.2%
KEX	C	0.2%
SR	D	0.2%
STC	D	0.2%
INCY	B	0.2%
SBH	B	0.2%
BYD	B	0.2%
OGS	C	0.2%
PATK	A	0.2%
GMS	B	0.2%
SHOO	A	0.2%
ASH	F	0.2%
SAIA	D	0.2%
MAT	B	0.2%
WH	C	0.2%
VRT	B	0.2%
TPC	A	0.2%
AWI	A	0.2%
LCII	C	0.2%
LOPE	D	0.2%
CUBE	C	0.2%
GATX	F	0.2%
FDP	C	0.2%
RPRX	D	0.2%
FUL	F	0.19%
NYT	C	0.19%
URBN	F	0.19%
PINC	F	0.19%
AMH	D	0.19%
SN	A	0.19%
PCH	C	0.19%
JELD	D	0.19%
MC	B	0.19%
TEX	F	0.19%
VSTS	D	0.19%
ARCB	F	0.19%
DTM	A	0.19%
KNF	B	0.19%
SKYW	B	0.19%
TRN	C	0.19%
SRCL	B	0.19%
CUZ	C	0.19%
OMI	F	0.19%
WYNN	B	0.19%
LFUS	C	0.19%
SBRA	C	0.19%
ADTN	C	0.19%
CADE	B	0.19%
MTCH	B	0.19%
ENTG	D	0.19%
NVST	D	0.19%
PFSI	C	0.19%
PNM	B	0.19%
LITE	A	0.19%
IMKTA	F	0.19%
SPR	D	0.19%
ZM	B	0.19%
EEFT	F	0.18%
LGIH	C	0.18%
NJR	C	0.18%
HXL	F	0.18%
ASB	D	0.18%
CSGP	F	0.18%
TTMI	D	0.18%
NWE	C	0.18%
PSMT	A	0.18%
BCO	C	0.18%
NOMD	D	0.18%
PDCO	F	0.18%
MPWR	B	0.18%
SSD	B	0.18%
HWC	D	0.18%
ACA	C	0.18%
NNN	C	0.18%
COLM	B	0.18%
BIO	B	0.18%
GIII	C	0.18%
TROX	D	0.17%
BDC	A	0.17%
WD	C	0.17%
LNW	F	0.17%
COLB	C	0.17%
APLE	B	0.17%
AVA	D	0.17%
WMK	D	0.17%
SVC	D	0.17%
THS	D	0.17%
RH	C	0.17%
CRC	B	0.17%
SITE	D	0.17%
WGO	D	0.17%
VVV	D	0.17%
FHB	D	0.17%
ALE	A	0.17%
MOD	B	0.17%
ACIW	A	0.17%
ATGE	D	0.17%
CXW	F	0.17%
UNF	A	0.17%
CALM	A	0.17%
JBLU	B	0.17%
OLLI	C	0.17%
KMT	C	0.17%
HNI	B	0.17%
SPOT	C	0.17%
HP	D	0.17%
BXMT	C	0.16%
FSLR	C	0.16%
LZB	D	0.16%
SKY	C	0.16%
LAUR	C	0.16%
SCS	D	0.16%
FND	C	0.16%
PHIN	D	0.16%
WMS	D	0.16%
UVV	D	0.16%
DASH	A	0.16%
GBX	C	0.16%
DHC	C	0.16%
SMCI	F	0.16%
ENVA	B	0.16%
SLAB	D	0.16%
OUT	C	0.16%
ACHC	F	0.16%
SLG	C	0.15%
MTX	C	0.15%
CHDN	C	0.15%
SFNC	B	0.15%
TDC	D	0.15%
MLKN	F	0.15%
IGT	F	0.15%
AGO	B	0.15%
COKE	C	0.15%
MTDR	D	0.15%
ONB	D	0.15%
CNX	A	0.15%
NOW	B	0.15%
PTEN	F	0.15%
EPR	C	0.15%
CGNX	F	0.15%
VNT	F	0.15%
ESAB	C	0.15%
SIGI	D	0.15%
NEU	F	0.15%
WEX	C	0.15%
BFAM	C	0.15%
HE	F	0.15%
EXEL	B	0.15%
VEEV	C	0.15%
RYN	C	0.15%
FWRD	D	0.15%
WAFD	D	0.15%
SXT	C	0.15%
AGR	C	0.15%
PIPR	A	0.15%
WTM	C	0.15%
GEF	B	0.15%
ROL	C	0.15%
RGLD	C	0.14%
TYL	D	0.14%
SAH	D	0.14%
RNR	A	0.14%
PLUS	B	0.14%
APP	A	0.14%
LBRT	D	0.14%
SLGN	B	0.14%
DLB	D	0.14%
CVCO	C	0.14%
ENSG	D	0.14%
SUM	F	0.14%
MASI	B	0.14%
WTS	C	0.14%
IAC	C	0.14%
YELP	D	0.14%
APAM	B	0.14%
AMR	F	0.14%
ZD	D	0.14%
ICUI	B	0.14%
JBGS	C	0.14%
HRB	C	0.14%
COMM	C	0.14%
NMRK	C	0.14%
GTES	C	0.14%
CATY	B	0.14%
KTB	C	0.14%
B	A	0.14%
CBRL	D	0.14%
H	B	0.14%
VSTO	B	0.13%
CNK	D	0.13%
BRKR	D	0.13%
FELE	C	0.13%
DBX	C	0.13%
VRSN	C	0.13%
JAZZ	F	0.13%
EAT	A	0.13%
ITRI	C	0.13%
MSM	D	0.13%
RRC	D	0.13%
TWLO	B	0.13%
AROC	B	0.13%
PPC	C	0.13%
LILAK	D	0.13%
CVLT	B	0.13%
ANDE	D	0.13%
EBS	D	0.13%
SMTC	C	0.13%
CNM	F	0.13%
DIOD	F	0.13%
SNDR	D	0.13%
CEIX	B	0.13%
AMN	F	0.13%
BLD	D	0.13%
AMED	D	0.13%
WEN	B	0.13%
APG	F	0.13%
SCL	D	0.13%
AMWD	C	0.13%
DNOW	F	0.13%
MMS	C	0.13%
HPP	F	0.13%
TNL	B	0.13%
ETSY	F	0.13%
GMED	B	0.13%
WDAY	D	0.12%
BOH	D	0.12%
IBP	C	0.12%
BGC	B	0.12%
CRL	F	0.12%
MANH	A	0.12%
FR	D	0.12%
EXLS	B	0.12%
PTC	B	0.12%
CHX	C	0.12%
TNET	D	0.12%
RLI	A	0.12%
CABO	F	0.12%
ECPG	F	0.12%
ITGR	B	0.12%
TECH	D	0.12%
DRH	B	0.12%
FSS	D	0.12%
APOG	B	0.12%
DNB	D	0.12%
STAG	D	0.12%
CHRD	F	0.12%
ABCB	C	0.12%
WTRG	D	0.12%
TPL	A	0.12%
TCBI	B	0.12%
TREX	D	0.12%
KAR	F	0.12%
IOSP	F	0.12%
FULT	D	0.12%
HELE	D	0.12%
OPCH	F	0.12%
AIR	C	0.12%
FTI	B	0.12%
JWN	D	0.12%
ABNB	D	0.12%
RLJ	D	0.12%
RIG	F	0.12%
AEO	C	0.12%
BOOT	B	0.12%
IPGP	D	0.12%
ATKR	F	0.12%
MCY	B	0.12%
CHE	D	0.12%
VGR	B	0.11%
FN	B	0.11%
NGVT	D	0.11%
DDS	D	0.11%
FIBK	C	0.11%
IDCC	A	0.11%
LRN	D	0.11%
FIVE	D	0.11%
HGV	F	0.11%
SHO	B	0.11%
CPNG	C	0.11%
HOPE	B	0.11%
DORM	C	0.11%
PECO	C	0.11%
MWA	A	0.11%
CIVI	F	0.11%
RYI	D	0.11%
HLF	F	0.11%
WSC	D	0.11%
XHR	A	0.11%
HTH	F	0.11%
PLNT	B	0.11%
PSN	A	0.11%
AXS	A	0.11%
EPC	F	0.11%
COMP	C	0.11%
VSH	F	0.11%
ESRT	C	0.1%
BCPC	C	0.1%
ROKU	C	0.1%
NHI	C	0.1%
CBU	D	0.1%
IBOC	D	0.1%
NHC	D	0.1%
AM	A	0.1%
HL	C	0.1%
NTCT	C	0.1%
HEES	D	0.1%
ICFI	C	0.1%
MSA	F	0.1%
KALU	D	0.1%
AIN	F	0.1%
PBH	D	0.1%
PINS	D	0.1%
VIAV	C	0.1%
PLTR	A	0.1%
FFBC	D	0.1%
PPBI	D	0.1%
LANC	F	0.1%
VC	F	0.1%
CWEN	C	0.1%
BANR	B	0.1%
WWW	B	0.1%
JBT	B	0.1%
FHI	A	0.1%
ABR	C	0.1%
AZZ	B	0.1%
AEIS	B	0.1%
KRG	C	0.1%
SKT	A	0.1%
ENOV	F	0.1%
WOR	F	0.09%
DXCM	F	0.09%
RRR	D	0.09%
EIG	A	0.09%
CDE	C	0.09%
WSFS	D	0.09%
AX	D	0.09%
HTLF	B	0.09%
ERIE	A	0.09%
AZEK	D	0.09%
GNL	D	0.09%
STRL	B	0.09%
OLED	B	0.09%
POWI	F	0.09%
PRIM	A	0.09%
RBC	C	0.09%
SYNA	F	0.09%
REXR	D	0.09%
ALEX	D	0.09%
BLMN	F	0.09%
MGEE	C	0.09%
STRA	F	0.09%
SASR	B	0.09%
ONTO	B	0.09%
WSBC	D	0.09%
DOLE	C	0.09%
UCTT	D	0.09%
MMSI	C	0.09%
ROCK	D	0.09%
HAE	F	0.09%
EGP	D	0.09%
BMRN	F	0.09%
GFF	C	0.09%
SCSC	D	0.09%
OSIS	C	0.09%
PFS	D	0.09%
CENTA	F	0.09%
PMT	B	0.09%
UCBI	B	0.09%
KELYA	D	0.09%
HI	F	0.09%
NPO	C	0.09%
CVBF	B	0.09%
LXP	D	0.09%
RHP	B	0.09%
TRMK	D	0.09%
PBI	C	0.09%
PDM	C	0.09%
BXC	D	0.09%
OTTR	F	0.09%
JACK	F	0.09%
CNXN	C	0.09%
UE	C	0.09%
ENR	B	0.09%
ORA	C	0.09%
SAM	D	0.09%
BKE	B	0.09%
ATI	C	0.09%
TALO	D	0.08%
NSA	D	0.08%
KN	B	0.08%
HWKN	B	0.08%
NWBI	D	0.08%
ROG	D	0.08%
NMIH	B	0.08%
LBRDK	C	0.08%
CXT	F	0.08%
LADR	D	0.08%
INDB	D	0.08%
SAFT	D	0.08%
RNG	F	0.08%
PRDO	D	0.08%
VSAT	F	0.08%
CSGS	B	0.08%
FTDR	B	0.08%
EXPO	A	0.08%
PAYC	D	0.08%
FRME	D	0.08%
WNC	F	0.08%
ALIT	D	0.08%
TOWN	C	0.08%
AMRK	C	0.08%
CCOI	B	0.08%
CHH	A	0.08%
KOS	F	0.08%
RAMP	F	0.08%
MYRG	D	0.08%
BKD	F	0.08%
AKR	B	0.08%
ESE	C	0.08%
THRM	F	0.08%
SCHL	F	0.08%
PEB	D	0.08%
YETI	C	0.08%
CWT	D	0.08%
CORT	B	0.08%
IBTX	B	0.08%
GO	F	0.08%
KFRC	F	0.08%
MGY	B	0.08%
KLG	F	0.08%
ARI	F	0.08%
KW	C	0.08%
MGRC	D	0.08%
OPEN	F	0.08%
IRDM	C	0.08%
NSP	F	0.08%
NWN	D	0.08%
NNI	B	0.07%
CWH	C	0.07%
HHH	C	0.07%
FOXF	F	0.07%
AAT	C	0.07%
LGF.A	F	0.07%
CAL	F	0.07%
CARG	C	0.07%
BNL	C	0.07%
NBTB	D	0.07%
NX	F	0.07%
CPK	C	0.07%
ZWS	A	0.07%
SNBR	C	0.07%
GCI	B	0.07%
KOP	F	0.07%
MRCY	B	0.07%
BMI	A	0.07%
CNA	D	0.07%
TNC	F	0.07%
HALO	D	0.07%
SABR	C	0.07%
PTVE	D	0.07%
ENPH	F	0.07%
DFIN	B	0.07%
OXM	F	0.07%
REYN	D	0.07%
IRT	D	0.07%
GPRE	F	0.07%
BRC	C	0.07%
GES	F	0.07%
TTD	A	0.07%
EXPI	C	0.07%
SEB	F	0.07%
EYE	F	0.07%
ROIC	C	0.07%
ALG	F	0.07%
MRTN	F	0.07%
COTY	F	0.07%
REVG	D	0.07%
OMCL	C	0.07%
HLX	C	0.07%
ADC	C	0.07%
CVI	D	0.07%
AAON	A	0.07%
FORM	D	0.07%
MODG	F	0.07%
CNS	C	0.07%
CBZ	F	0.07%
PRK	D	0.07%
OII	D	0.07%
PLAB	D	0.07%
CSWI	A	0.07%
KAI	C	0.07%
JJSF	C	0.07%
GOLF	F	0.07%
BDN	B	0.07%
MTRN	F	0.07%
DEA	D	0.06%
GRBK	C	0.06%
PLAY	D	0.06%
SONO	F	0.06%
HURN	D	0.06%
ESGR	C	0.06%
VBTX	C	0.06%
ALGT	D	0.06%
PJT	A	0.06%
KTOS	B	0.06%
CUBI	F	0.06%
EMBC	F	0.06%
WDFC	B	0.06%
FBP	B	0.06%
TDOC	D	0.06%
ADUS	D	0.06%
PRGS	A	0.06%
AXL	F	0.06%
MMI	D	0.06%
ENV	C	0.06%
CSTM	F	0.06%
CRK	B	0.06%
HQY	B	0.06%
CASH	C	0.06%
GFS	F	0.06%
CNMD	F	0.06%
VRRM	D	0.06%
BUSE	D	0.06%
BSIG	D	0.06%
ROAD	C	0.06%
CNXC	F	0.06%
QLYS	F	0.06%
MD	B	0.06%
MELI	D	0.06%
BLKB	C	0.06%
EBC	B	0.06%
TRS	D	0.06%
MEDP	F	0.06%
AUB	D	0.06%
FCF	D	0.06%
CAKE	A	0.06%
NBIX	F	0.06%
AWR	B	0.06%
PGRE	D	0.06%
TRIP	D	0.06%
STBA	D	0.06%
KWR	F	0.06%
HMN	B	0.06%
GWRE	A	0.06%
OEC	F	0.06%
DLX	F	0.06%
W	C	0.06%
SXI	B	0.06%
BSY	D	0.06%
PR	D	0.06%
FBNC	B	0.05%
CNDT	B	0.05%
PODD	C	0.05%
ATSG	D	0.05%
INSW	B	0.05%
MYGN	D	0.05%
MRC	D	0.05%
LSCC	D	0.05%
COHU	F	0.05%
SUPN	D	0.05%
MATV	F	0.05%
CODI	D	0.05%
ACLS	F	0.05%
NTB	D	0.05%
HAYW	C	0.05%
KLIC	D	0.05%
LIVN	C	0.05%
AMCX	F	0.05%
HTLD	F	0.05%
FCPT	C	0.05%
AY	C	0.05%
PTON	C	0.05%
NTGR	C	0.05%
PRFT	A	0.05%
TSE	C	0.05%
NEOG	F	0.05%
SJW	D	0.05%
EPAC	A	0.05%
ICHR	D	0.05%
CMCO	D	0.05%
CCO	C	0.05%
JBSS	F	0.05%
NVRI	D	0.05%
CTS	B	0.05%
NOVT	C	0.05%
ECVT	F	0.05%
SGH	D	0.05%
EXAS	C	0.05%
HZO	C	0.05%
LYFT	D	0.05%
WING	C	0.05%
AZTA	F	0.05%
CWST	D	0.05%
SMPL	D	0.05%
BGS	D	0.05%
PSTG	F	0.05%
TRNO	D	0.05%
CHEF	C	0.05%
EFSC	D	0.05%
WHD	A	0.05%
EPRT	C	0.05%
HCSG	F	0.05%
HAIN	C	0.05%
BV	A	0.05%
IART	F	0.05%
TILE	C	0.05%
SSTK	F	0.04%
ASTH	B	0.04%
CRGY	B	0.04%
VAL	F	0.04%
SXC	F	0.04%
CMTG	F	0.04%
OFG	D	0.04%
IPAR	D	0.04%
SPSC	D	0.04%
NBR	D	0.04%
PUMP	D	0.04%
VCTR	A	0.04%
ASIX	A	0.04%
HMST	B	0.04%
NOG	D	0.04%
IVT	B	0.04%
ZUMZ	D	0.04%
PZZA	D	0.04%
SWBI	F	0.04%
CNSL	A	0.04%
LKFN	D	0.04%
MATX	C	0.04%
NVEE	F	0.04%
AAN	B	0.04%
AAL	D	0.04%
WFRD	F	0.04%
ILPT	D	0.04%
AGX	A	0.04%
SCVL	D	0.04%
HLIO	B	0.04%
INVA	B	0.04%
RNST	D	0.04%
DHT	B	0.04%
PRAA	F	0.04%
VRTS	D	0.04%
ZI	F	0.04%
STNG	B	0.04%
GLNG	A	0.04%
RGEN	F	0.04%
TOST	B	0.04%
CMPR	F	0.04%
SFL	D	0.04%
LEVI	C	0.04%
LNN	C	0.04%
SNAP	D	0.04%
LTC	D	0.04%
AGRO	C	0.04%
RES	C	0.04%
ALK	C	0.04%
PARR	F	0.04%
RDUS	D	0.04%
ACCO	C	0.04%
BRBR	A	0.04%
SGRY	C	0.04%
CHCO	D	0.04%
BZH	C	0.04%
GTN	D	0.04%
LPG	F	0.04%
GTLS	D	0.04%
SBCF	D	0.03%
MTUS	F	0.03%
AGM	D	0.03%
PRVA	F	0.03%
WTTR	B	0.03%
USNA	F	0.03%
KNSL	B	0.03%
CNNE	F	0.03%
WRLD	F	0.03%
TBI	F	0.03%
HVT	F	0.03%
DAC	B	0.03%
AHCO	D	0.03%
GLDD	A	0.03%
CLVT	D	0.03%
EGBN	C	0.03%
CPF	C	0.03%
GDOT	C	0.03%
GDEN	D	0.03%
CFFN	D	0.03%
STNE	F	0.03%
EVTC	D	0.03%
CLW	F	0.03%
CMRE	C	0.03%
AGL	F	0.03%
WOOF	B	0.03%
ETD	C	0.03%
IHRT	C	0.03%
UVE	C	0.03%
XPRO	F	0.03%
CALX	C	0.03%
CVGW	B	0.03%
XP	F	0.03%
LYV	A	0.03%
STEP	A	0.03%
CBL	D	0.03%
DT	B	0.03%
ASTE	F	0.03%
TKO	A	0.03%
SNOW	F	0.03%
MXL	D	0.03%
RWT	C	0.03%
MP	C	0.03%
CTRE	C	0.03%
AMC	F	0.03%
RUN	D	0.03%
PAGS	F	0.03%
USM	B	0.03%
ZIMV	F	0.03%
DXPE	C	0.03%
RGR	F	0.03%
RDNT	C	0.03%
TRTX	D	0.03%
PRA	C	0.03%
SMP	D	0.03%
CARS	F	0.03%
GLOB	D	0.03%
PEN	D	0.03%
SFBS	B	0.03%
MNRO	B	0.03%
VRNT	F	0.03%
THRY	F	0.03%
EAF	C	0.03%
SENEA	C	0.03%
CPS	F	0.03%
ALRM	F	0.03%
UIS	C	0.03%
RC	F	0.03%
GCO	D	0.03%
NUS	F	0.03%
SBLK	C	0.03%
RGP	F	0.02%
CLDT	D	0.02%
NPK	F	0.02%
CLOV	B	0.02%
IRBT	D	0.02%
AMBC	F	0.02%
GTY	C	0.02%
RYAM	A	0.02%
BRSP	D	0.02%
FIZZ	F	0.02%
PLOW	D	0.02%
ARKO	C	0.02%
DHIL	C	0.02%
HAFC	D	0.02%
CCSI	C	0.02%
IRWD	F	0.02%
CTRN	D	0.02%
TMP	C	0.02%
HFWA	D	0.02%
WOLF	F	0.02%
WASH	C	0.02%
CSV	D	0.02%
ARCO	D	0.02%
MEI	D	0.02%
CMP	D	0.02%
SFIX	F	0.02%
WABC	F	0.02%
BRKL	D	0.02%
BANF	D	0.02%
OPK	D	0.02%
BRY	F	0.02%
PLCE	D	0.02%
SRCE	D	0.02%
UFCS	D	0.02%
PFC	D	0.02%
CLB	D	0.02%
OPI	F	0.02%
CNOB	B	0.02%
MTW	F	0.02%
CSR	D	0.02%
TCBK	D	0.02%
SHYF	D	0.02%
BJRI	B	0.02%
ALTO	D	0.02%
HASI	B	0.02%
ALKS	B	0.02%
WOW	D	0.02%
TPIC	C	0.02%
AVO	C	0.02%
EDR	A	0.02%
PRLB	F	0.02%
WMG	D	0.02%
GNK	D	0.02%
MATW	F	0.02%
OCFC	C	0.02%
HSII	D	0.02%
BBSI	B	0.02%
DCO	B	0.02%
ZEUS	F	0.02%
UTL	D	0.02%
SBSI	D	0.02%
KREF	C	0.02%
MERC	D	0.02%
SHEN	F	0.02%
EVRI	A	0.02%
RMBS	F	0.02%
TEN	C	0.02%
OKTA	F	0.02%
EBF	B	0.02%
CRAI	B	0.02%
PEGA	B	0.02%
VIR	F	0.02%
AVNS	D	0.02%
DBI	F	0.02%
VSEC	D	0.02%
TNK	C	0.02%
VTOL	D	0.01%
LGND	C	0.01%
HOV	D	0.01%
IIPR	C	0.01%
MBUU	D	0.01%
AMRC	C	0.01%
AOSL	D	0.01%
KE	F	0.01%
LESL	F	0.01%
RILY	F	0.01%
TK	B	0.01%
AVD	F	0.01%
AMSF	B	0.01%
GPRO	F	0.01%
PETS	D	0.01%
CMTL	C	0.01%
PKST	D	0.01%
MODV	F	0.01%
BMBL	F	0.01%
NU	D	0.01%
PRM	C	0.01%
GSL	C	0.01%
SEDG	F	0.01%
CENT	F	0.01%
CRMT	F	0.01%
JRVR	F	0.01%
SSP	F	0.01%
MED	F	0.01%
GPMT	D	0.01%
SSYS	D	0.01%
MOV	F	0.01%
DIN	D	0.01%
VREX	F	0.01%
OIS	D	0.01%
DENN	D	0.01%
FLGT	F	0.01%
CCRN	F	0.01%
SRI	F	0.01%
USPH	F	0.01%
TITN	F	0.01%
MYE	F	0.01%
DAY	C	0.01%
ATNI	C	0.01%
KRNY	C	0.01%
FLWS	F	0.01%
CHGG	F	0.0%
PCRX	D	0.0%
SEG	F	0.0%
WTI	C	0.0%
ALGM	F	0.0%
AMPH	C	0.0%
GIC	D	0.0%
CRNC	F	0.0%
TWI	F	0.0%
HY	D	0.0%
GSM	D	0.0%
MSBI	F	0.0%
TTEC	F	0.0%
DNUT	F	0.0%
PEBO	F	0.0%
INMD	F	0.0%
HAYN	B	0.0%
MGPI	F	0.0%
EVH	D	0.0%
THR	F	0.0%
ONEW	F	0.0%
NIC	D	0.0%
SPWH	D	0.0%
PFBC	D	0.0%
LXU	C	0.0%
FBK	B	0.0%
REX	D	0.0%
CRVL	C	0.0%
TBBK	A	0.0%
NR	F	0.0%
NBHC	D	0.0%
SNEX	B	0.0%
IIIN	F	0.0%
BHLB	D	0.0%

FNDA Underweight 68 Positions Relative to IYG

Symbol	Grade	Weight
BRK.A	B	-15.28%
JPM	C	-10.92%
V	B	-8.38%
MA	A	-7.43%
BAC	B	-4.85%
WFC	B	-3.47%
SPGI	C	-2.99%
GS	B	-2.87%
AXP	A	-2.78%
BLK	A	-2.4%
MS	A	-2.36%
C	B	-2.15%
BX	C	-2.03%
SCHW	D	-1.75%
ICE	A	-1.66%
KKR	A	-1.62%
CME	A	-1.44%
MCO	D	-1.35%
PNC	C	-1.33%
USB	C	-1.3%
COF	A	-1.04%
TFC	D	-1.04%
BK	A	-0.96%
AMP	A	-0.84%
MSCI	B	-0.83%
DFS	A	-0.64%
NDAQ	C	-0.55%
FITB	C	-0.53%
MTB	A	-0.53%
STT	A	-0.48%
TROW	D	-0.44%
FCNCA	D	-0.41%
RJF	B	-0.41%
RF	B	-0.39%
CBOE	B	-0.39%
HBAN	B	-0.39%
SYF	A	-0.36%
CFG	C	-0.34%
NTRS	B	-0.33%
LPLA	D	-0.32%
HOOD	B	-0.31%
KEY	B	-0.28%
EQH	B	-0.24%
EWBC	B	-0.21%
JEF	A	-0.19%
ALLY	F	-0.18%
OWL	A	-0.18%
EVR	C	-0.17%
CG	B	-0.17%
IVZ	A	-0.15%
SOFI	C	-0.15%
FHN	D	-0.15%
VOYA	A	-0.14%
CMA	C	-0.14%
ZION	D	-0.13%
BPOP	D	-0.13%
SNV	D	-0.12%
BEN	F	-0.12%
MTG	A	-0.12%
SEIC	B	-0.12%
OMF	D	-0.11%
LAZ	C	-0.11%
AMG	B	-0.1%
JHG	A	-0.09%
SLM	B	-0.09%
FCFS	F	-0.08%
UWMC	D	-0.02%
TFSL	D	-0.01%