FNDA vs. SLYG ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index) (SLYG)

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

$58.97

Average Daily Volume

274,687

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

SLYG

SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 Growth Index)

SLYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of small capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. In seeking to track the performance of the S&P SmallCap 600 Growth Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.72

Average Daily Volume

143,405

Number of Holdings ^*

334

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	SLYG
30 Days	2.18%	1.25%
60 Days	1.67%	0.82%
90 Days	8.44%	8.29%
12 Months	20.65%	23.70%

250 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in SLYG	Overlap
ACA	C	0.17%	0.39%	0.17%
ACIW	B	0.18%	0.53%	0.18%
ACLS	F	0.04%	0.52%	0.04%
ADUS	B	0.06%	0.15%	0.06%
AEIS	D	0.1%	0.36%	0.1%
AEO	D	0.05%	0.58%	0.05%
AGO	C	0.22%	0.4%	0.22%
AIN	D	0.1%	0.21%	0.1%
AIR	C	0.12%	0.25%	0.12%
ALG	D	0.07%	0.29%	0.07%
ALKS	C	0.03%	0.48%	0.03%
ALRM	F	0.03%	0.46%	0.03%
AMBC	F	0.02%	0.08%	0.02%
AMN	F	0.12%	0.15%	0.12%
AMPH	C	0.0%	0.28%	0.0%
AMR	F	0.1%	0.38%	0.1%
AMSF	C	0.01%	0.06%	0.01%
AMWD	C	0.13%	0.12%	0.12%
ANDE	D	0.06%	0.13%	0.06%
APAM	C	0.13%	0.25%	0.13%
APLE	D	0.16%	0.52%	0.16%
APOG	B	0.12%	0.1%	0.1%
ARCB	D	0.17%	0.38%	0.17%
ARI	F	0.09%	0.14%	0.09%
AROC	C	0.13%	0.47%	0.13%
ASTH	B	0.02%	0.33%	0.02%
ATGE	D	0.19%	0.43%	0.19%
ATI	C	0.09%	1.2%	0.09%
AWI	B	0.21%	0.88%	0.21%
AWR	B	0.06%	0.27%	0.06%
AX	D	0.1%	0.34%	0.1%
AZZ	C	0.11%	0.36%	0.11%
BANF	B	0.03%	0.15%	0.03%
BCPC	C	0.1%	0.51%	0.1%
BGC	B	0.13%	0.35%	0.13%
BHLB	C	0.01%	0.09%	0.01%
BKE	B	0.09%	0.12%	0.09%
BLMN	F	0.07%	0.12%	0.07%
BMI	B	0.07%	0.93%	0.07%
BOH	C	0.13%	0.17%	0.13%
BOOT	B	0.12%	0.68%	0.12%
BRC	B	0.04%	0.35%	0.04%
BSIG	B	0.09%	0.07%	0.07%
CAKE	C	0.06%	0.13%	0.06%
CALM	B	0.16%	0.47%	0.16%
CALX	D	0.02%	0.16%	0.02%
CARG	B	0.06%	0.35%	0.06%
CARS	D	0.03%	0.17%	0.03%
CASH	B	0.06%	0.28%	0.06%
CATY	B	0.15%	0.24%	0.15%
CCOI	C	0.08%	0.51%	0.08%
CCS	B	0.22%	0.23%	0.22%
CEIX	D	0.13%	0.4%	0.13%
CHCO	B	0.05%	0.17%	0.05%
CLB	D	0.03%	0.06%	0.03%
CNK	B	0.16%	0.49%	0.16%
CNMD	D	0.05%	0.38%	0.05%
CNS	B	0.08%	0.18%	0.08%
COHU	F	0.04%	0.08%	0.04%
CORT	B	0.07%	0.34%	0.07%
CPK	B	0.07%	0.2%	0.07%
CRC	C	0.16%	0.51%	0.16%
CRK	D	0.05%	0.08%	0.05%
CRS	B	0.25%	1.08%	0.25%
CRVL	B	0.01%	0.46%	0.01%
CSGS	C	0.07%	0.11%	0.07%
CTRE	B	0.02%	0.44%	0.02%
CTS	D	0.05%	0.13%	0.05%
CUBI	F	0.06%	0.23%	0.06%
CVCO	B	0.13%	0.52%	0.13%
CVI	F	0.06%	0.06%	0.06%
CWT	C	0.08%	0.2%	0.08%
DFIN	B	0.07%	0.27%	0.07%
DIN	F	0.02%	0.04%	0.02%
DIOD	F	0.12%	0.29%	0.12%
DORM	B	0.12%	0.35%	0.12%
DRH	C	0.12%	0.29%	0.12%
EAT	B	0.14%	0.21%	0.14%
ENR	F	0.09%	0.16%	0.09%
ENSG	C	0.15%	1.39%	0.15%
ENV	C	0.06%	0.22%	0.06%
EPAC	B	0.05%	0.23%	0.05%
EPRT	A	0.05%	0.48%	0.05%
ESE	B	0.08%	0.49%	0.08%
ETH	D	0.04%	0.05%	0.04%
EVTC	D	0.04%	0.34%	0.04%
EXPI	C	0.05%	0.15%	0.05%
FBP	C	0.09%	0.56%	0.09%
FCF	C	0.07%	0.13%	0.07%
FCPT	A	0.05%	0.19%	0.05%
FELE	C	0.12%	0.63%	0.12%
FIZZ	D	0.02%	0.09%	0.02%
FN	D	0.15%	1.26%	0.15%
FORM	F	0.07%	0.53%	0.07%
FOXF	F	0.05%	0.1%	0.05%
FSS	D	0.12%	0.84%	0.12%
FTDR	B	0.09%	0.61%	0.09%
FUL	D	0.19%	0.35%	0.19%
GDEN	D	0.02%	0.07%	0.02%
GES	F	0.07%	0.08%	0.07%
GFF	C	0.09%	0.26%	0.09%
GMS	C	0.19%	0.55%	0.19%
GRBK	B	0.04%	0.31%	0.04%
GTES	C	0.13%	0.19%	0.13%
GTY	B	0.02%	0.11%	0.02%
GVA	B	0.22%	0.27%	0.22%
HAYN	D	0.01%	0.07%	0.01%
HCC	F	0.25%	0.46%	0.25%
HLX	D	0.07%	0.23%	0.07%
HNI	B	0.19%	0.24%	0.19%
HP	D	0.19%	0.27%	0.19%
HTLD	D	0.05%	0.05%	0.05%
HWKN	B	0.08%	0.36%	0.08%
IAC	C	0.12%	0.23%	0.12%
IBP	C	0.1%	0.79%	0.1%
IDCC	B	0.12%	0.55%	0.12%
IIIN	D	0.01%	0.06%	0.01%
IIPR	B	0.01%	0.31%	0.01%
INVA	B	0.06%	0.09%	0.06%
IOSP	D	0.11%	0.27%	0.11%
IPAR	D	0.03%	0.35%	0.03%
IRWD	F	0.01%	0.06%	0.01%
ITGR	B	0.13%	0.72%	0.13%
ITRI	C	0.13%	0.36%	0.13%
JACK	F	0.09%	0.15%	0.09%
JBSS	D	0.05%	0.07%	0.05%
JBT	D	0.09%	0.28%	0.09%
JJSF	C	0.08%	0.42%	0.08%
KFY	B	0.21%	0.33%	0.21%
KLIC	D	0.07%	0.22%	0.07%
KN	D	0.07%	0.1%	0.07%
KOP	F	0.06%	0.07%	0.06%
KTB	B	0.14%	0.6%	0.14%
KWR	D	0.06%	0.19%	0.06%
LBRT	D	0.13%	0.48%	0.13%
LCII	C	0.18%	0.3%	0.18%
LGIH	C	0.15%	0.21%	0.15%
LKFN	C	0.04%	0.13%	0.04%
LNN	C	0.04%	0.1%	0.04%
LPG	F	0.05%	0.2%	0.05%
LRN	B	0.11%	0.53%	0.11%
LTC	B	0.05%	0.11%	0.05%
LZB	C	0.16%	0.15%	0.15%
MATW	F	0.04%	0.07%	0.04%
MATX	C	0.06%	0.71%	0.06%
MC	B	0.18%	0.4%	0.18%
MGEE	B	0.09%	0.28%	0.09%
MGPI	C	0.01%	0.13%	0.01%
MGY	C	0.08%	0.71%	0.08%
MHO	B	0.28%	0.72%	0.28%
MMI	C	0.06%	0.06%	0.06%
MMSI	B	0.09%	0.55%	0.09%
MOG.A	B	0.22%	0.87%	0.22%
MRTN	D	0.07%	0.08%	0.07%
MTRN	D	0.07%	0.36%	0.07%
MTUS	F	0.04%	0.06%	0.04%
MTX	D	0.14%	0.19%	0.14%
MXL	F	0.02%	0.1%	0.02%
MYE	D	0.02%	0.04%	0.02%
MYGN	B	0.05%	0.2%	0.05%
MYRG	F	0.07%	0.25%	0.07%
NHC	D	0.11%	0.13%	0.11%
NMIH	B	0.08%	0.35%	0.08%
NOG	D	0.03%	0.53%	0.03%
NPK	C	0.02%	0.03%	0.02%
NPO	C	0.09%	0.22%	0.09%
NX	D	0.06%	0.15%	0.06%
OFG	C	0.06%	0.34%	0.06%
OII	D	0.07%	0.4%	0.07%
OSIS	C	0.09%	0.36%	0.09%
OTTR	D	0.09%	0.54%	0.09%
OUT	B	0.16%	0.16%	0.16%
OXM	D	0.06%	0.2%	0.06%
PARR	F	0.04%	0.17%	0.04%
PATK	B	0.19%	0.44%	0.19%
PBH	B	0.11%	0.3%	0.11%
PECO	B	0.11%	0.38%	0.11%
PFBC	C	0.01%	0.16%	0.01%
PIPR	B	0.16%	0.32%	0.16%
PJT	B	0.06%	0.24%	0.06%
PLAB	F	0.07%	0.16%	0.07%
PLAY	F	0.05%	0.16%	0.05%
PLUS	B	0.13%	0.23%	0.13%
PLXS	B	0.22%	0.24%	0.22%
PRDO	D	0.08%	0.13%	0.08%
PRFT	A	0.05%	0.27%	0.05%
PRG	B	0.27%	0.32%	0.27%
PRGS	C	0.05%	0.41%	0.05%
PRK	C	0.08%	0.16%	0.08%
PRLB	D	0.04%	0.08%	0.04%
PRVA	D	0.02%	0.32%	0.02%
PTEN	F	0.15%	0.23%	0.15%
PZZA	D	0.03%	0.12%	0.03%
RAMP	F	0.07%	0.27%	0.07%
RDN	B	0.27%	0.48%	0.27%
RDNT	B	0.05%	0.69%	0.05%
RES	D	0.04%	0.08%	0.04%
REX	D	0.01%	0.11%	0.01%
ROCK	D	0.08%	0.33%	0.08%
ROG	D	0.06%	0.18%	0.06%
RWT	B	0.05%	0.16%	0.05%
RXO	D	0.23%	0.24%	0.23%
SABR	D	0.06%	0.09%	0.06%
SBSI	B	0.04%	0.06%	0.04%
SEDG	F	0.01%	0.07%	0.01%
SFBS	B	0.02%	0.29%	0.02%
SGH	F	0.05%	0.06%	0.05%
SHEN	F	0.04%	0.12%	0.04%
SHO	D	0.11%	0.33%	0.11%
SHOO	B	0.19%	0.49%	0.19%
SIG	C	0.19%	0.57%	0.19%
SJW	C	0.05%	0.12%	0.05%
SKT	B	0.11%	0.57%	0.11%
SKYW	C	0.14%	0.27%	0.14%
SMPL	D	0.05%	0.31%	0.05%
SMTC	C	0.13%	0.19%	0.13%
SPSC	D	0.04%	1.14%	0.04%
SSTK	F	0.03%	0.07%	0.03%
STBA	B	0.07%	0.14%	0.07%
STEP	B	0.04%	0.13%	0.04%
STRA	D	0.09%	0.14%	0.09%
SUPN	C	0.05%	0.12%	0.05%
SXI	C	0.06%	0.33%	0.06%
SXT	C	0.15%	0.22%	0.15%
TBBK	B	0.01%	0.42%	0.01%
THRM	D	0.08%	0.11%	0.08%
TNC	D	0.07%	0.29%	0.07%
TRIP	F	0.06%	0.25%	0.06%
TRN	C	0.19%	0.21%	0.19%
UE	B	0.1%	0.24%	0.1%
UNF	B	0.17%	0.18%	0.17%
UNIT	C	0.21%	0.11%	0.11%
URBN	D	0.18%	0.33%	0.18%
USPH	D	0.02%	0.11%	0.02%
UTL	B	0.04%	0.07%	0.04%
VGR	C	0.11%	0.15%	0.11%
VRRM	D	0.06%	0.72%	0.06%
VRTS	D	0.02%	0.14%	0.02%
VSTS	D	0.15%	0.16%	0.15%
WABC	D	0.03%	0.13%	0.03%
WD	B	0.16%	0.25%	0.16%
WDFC	B	0.06%	0.59%	0.06%
WGO	D	0.15%	0.15%	0.15%
WHD	C	0.05%	0.37%	0.05%
WOR	F	0.09%	0.15%	0.09%
WRLD	D	0.04%	0.06%	0.04%
WSFS	C	0.09%	0.23%	0.09%
XHR	C	0.1%	0.13%	0.1%
YELP	F	0.13%	0.38%	0.13%
ZEUS	F	0.03%	0.03%	0.03%

FNDA Overweight 746 Positions Relative to SLYG

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%
CLH	B	0.28%
COIN	F	0.28%
TPC	C	0.28%
BKU	C	0.28%
GME	F	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%
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%
GEO	F	0.23%
ELS	C	0.23%
UAL	B	0.23%
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%
VIRT	B	0.22%
AIT	C	0.22%
BWXT	D	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%
SCCO	D	0.21%
ESI	D	0.21%
CUBE	B	0.21%
LOPE	D	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%
MPWR	C	0.19%
VRT	C	0.19%
CXW	F	0.19%
SAIA	D	0.19%
ESNT	B	0.19%
HWC	D	0.19%
TTMI	D	0.19%
FDS	C	0.19%
WH	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%
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%
COLM	B	0.18%
INCY	C	0.18%
COLB	B	0.18%
SBH	B	0.18%
OMI	D	0.17%
WMK	C	0.17%
EXEL	B	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%
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%
COKE	C	0.16%
UVV	D	0.16%
AGR	B	0.16%
GBX	C	0.16%
LITE	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%
ENVA	C	0.16%
SVC	F	0.15%
SKY	B	0.15%
H	C	0.15%
RYN	C	0.15%
JBGS	B	0.15%
NMRK	B	0.15%
BDC	B	0.15%
DASH	C	0.15%
CACC	D	0.15%
TYL	C	0.15%
ICUI	B	0.15%
NVST	D	0.15%
NEU	D	0.15%
ONB	C	0.15%
EPR	B	0.15%
CVLT	B	0.15%
ROL	C	0.15%
WYNN	D	0.15%
PBI	C	0.14%
SNDR	B	0.14%
ARES	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%
MKTX	C	0.14%
MCY	C	0.14%
SITE	D	0.14%
SIGI	C	0.14%
VSTO	B	0.14%
CGNX	D	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%
GBCI	B	0.14%
PPC	D	0.14%
SFNC	B	0.14%
BXMT	C	0.14%
AMRK	C	0.13%
APP	B	0.13%
KAR	D	0.13%
CNXC	D	0.13%
WTS	C	0.13%
FULT	C	0.13%
WMS	D	0.13%
DNOW	D	0.13%
IGT	D	0.13%
HPP	D	0.13%
TROX	F	0.13%
DOLE	A	0.13%
B	D	0.13%
SCSC	D	0.13%
GEF	D	0.13%
WEX	C	0.13%
FND	C	0.13%
BRKR	D	0.12%
EPC	F	0.12%
OPCH	C	0.12%
TPL	C	0.12%
EXLS	C	0.12%
JBLU	D	0.12%
ECPG	C	0.12%
SCL	D	0.12%
RH	B	0.12%
RLJ	D	0.12%
MASI	D	0.12%
FR	C	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%
WEN	C	0.12%
WWW	B	0.12%
STAG	C	0.12%
ABCB	B	0.12%
BANR	B	0.11%
TRMK	C	0.11%
PLTR	B	0.11%
HLF	F	0.11%
TREX	F	0.11%
FFBC	C	0.11%
MORN	C	0.11%
KRG	B	0.11%
BMRN	F	0.11%
PTC	D	0.11%
RLI	B	0.11%
RRC	D	0.11%
TECH	C	0.11%
NHI	A	0.11%
TWLO	D	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%
HTH	C	0.11%
WDAY	D	0.11%
MWA	C	0.11%
SASR	B	0.1%
GNL	B	0.1%
AM	B	0.1%
PPBI	D	0.1%
MELI	B	0.1%
IPGP	F	0.1%
LXP	B	0.1%
VSAT	F	0.1%
ENOV	F	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%
WSC	D	0.1%
CABO	F	0.1%
DLX	D	0.1%
LANC	D	0.1%
RIG	F	0.1%
FIBK	B	0.1%
CBU	C	0.1%
CHX	D	0.1%
ICFI	C	0.1%
IBOC	C	0.1%
CENTA	D	0.09%
REVG	C	0.09%
PINS	F	0.09%
VIAV	D	0.09%
CDE	C	0.09%
TILE	B	0.09%
IBTX	B	0.09%
IBKR	B	0.09%
RBC	C	0.09%
ONTO	F	0.09%
OLED	C	0.09%
TOWN	B	0.09%
SNBR	C	0.09%
HEES	D	0.09%
CIVI	F	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%
RHP	D	0.09%
VC	F	0.09%
EIG	B	0.09%
CSTM	D	0.09%
CVBF	C	0.09%
MD	C	0.09%
EGP	B	0.09%
TW	A	0.09%
BKD	D	0.09%
HL	C	0.09%
ABNB	D	0.09%
HGV	D	0.09%
CBRL	D	0.09%
CNXN	B	0.09%
CWEN	B	0.09%
UCBI	B	0.09%
CNM	F	0.09%
PMT	B	0.09%
ORA	C	0.09%
CBZ	F	0.08%
ADC	C	0.08%
BGS	D	0.08%
AMCX	F	0.08%
HALO	B	0.08%
TALO	F	0.08%
MATV	B	0.08%
AZEK	C	0.08%
CAL	F	0.08%
WNC	F	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%
CCO	C	0.08%
STRL	B	0.08%
HAIN	D	0.08%
NWBI	C	0.08%
INDB	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%
HCSG	C	0.08%
HI	F	0.08%
ROKU	C	0.08%
REXR	C	0.08%
SAM	F	0.08%
KFRC	D	0.08%
FFIN	B	0.08%
KW	C	0.08%
ACCO	C	0.07%
VRSN	D	0.07%
NBIX	F	0.07%
MRCY	C	0.07%
WTRG	D	0.07%
IRDM	D	0.07%
OPEN	D	0.07%
MMS	D	0.07%
JWN	B	0.07%
AAON	B	0.07%
AGRO	C	0.07%
LILAK	D	0.07%
DXCM	F	0.07%
ATSG	D	0.07%
HOMB	B	0.07%
PTVE	D	0.07%
TTD	B	0.07%
COTY	F	0.07%
MRC	D	0.07%
MEDP	D	0.07%
NNI	B	0.07%
CODI	D	0.07%
GWRE	A	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%
CNX	A	0.07%
KAI	C	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%
COMP	B	0.07%
RNG	D	0.07%
YETI	D	0.07%
SCHL	D	0.07%
ROIC	B	0.07%
LGF.A	F	0.07%
NTB	C	0.07%
PUMP	F	0.06%
VBTX	B	0.06%
PR	D	0.06%
AGX	C	0.06%
GLNG	D	0.06%
EFSC	B	0.06%
BXC	D	0.06%
OEC	F	0.06%
MSM	D	0.06%
CRL	D	0.06%
APO	C	0.06%
DEA	B	0.06%
TRNO	C	0.06%
NUS	F	0.06%
HMST	C	0.06%
WING	B	0.06%
SCVL	B	0.06%
SWBI	D	0.06%
ZWS	B	0.06%
AAL	D	0.06%
PRAA	D	0.06%
CWST	D	0.06%
GTN	D	0.06%
TRS	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%
TNL	D	0.06%
STNG	D	0.06%
NBR	F	0.06%
BSY	D	0.06%
EBC	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%
DBX	D	0.06%
ILPT	C	0.06%
BZH	B	0.06%
HMN	C	0.06%
BUSE	C	0.06%
ZUMZ	D	0.06%
HHH	C	0.06%
JAZZ	D	0.06%
CMPR	F	0.06%
STNE	F	0.05%
PRA	C	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%
SONO	F	0.05%
XP	D	0.05%
FBNC	B	0.05%
IHRT	D	0.05%
NEOG	C	0.05%
SBLK	D	0.05%
WFRD	F	0.05%
CBL	D	0.05%
W	D	0.05%
UIS	C	0.05%
RGR	F	0.05%
TSE	D	0.05%
GCO	D	0.05%
SMP	C	0.05%
AZTA	D	0.05%
NOVT	D	0.05%
GPRE	F	0.05%
FHI	A	0.05%
CPS	F	0.05%
SXC	F	0.05%
PAGS	F	0.05%
ZIMV	F	0.05%
LBRDK	D	0.05%
GFS	F	0.05%
SSB	B	0.05%
ALIT	D	0.05%
SENEA	B	0.05%
CWH	C	0.05%
RDUS	D	0.05%
PSTG	F	0.05%
CHEF	C	0.05%
QLYS	F	0.05%
EYE	F	0.05%
ASIX	C	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%
VRNT	F	0.04%
CRAI	C	0.04%
NVEE	F	0.04%
KREF	B	0.04%
TEN	C	0.04%
TNK	D	0.04%
SEB	C	0.04%
BBSI	B	0.04%
EVRI	C	0.04%
EBF	B	0.04%
PTON	C	0.04%
ECVT	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%
RGEN	F	0.04%
WOOF	C	0.04%
HVT	D	0.04%
WTTR	C	0.04%
CLVT	D	0.04%
USNA	F	0.04%
CNNE	D	0.04%
EGBN	C	0.04%
CPF	B	0.04%
GDOT	C	0.04%
TBI	F	0.04%
CMCO	F	0.04%
LIVN	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%
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%
TMP	C	0.03%
ARCO	F	0.03%
TPIC	D	0.03%
WASH	B	0.03%
ALTO	D	0.03%
HFWA	C	0.03%
CSV	B	0.03%
UFCS	D	0.03%
BJRI	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%
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%
TCBK	C	0.03%
HASI	B	0.03%
CSR	B	0.03%
TDOC	D	0.03%
VAL	F	0.03%
OCFC	B	0.03%
AVO	A	0.03%
MERC	F	0.03%
RKT	B	0.03%
HSII	C	0.03%
MED	F	0.02%
PLCE	C	0.02%
VIR	F	0.02%
MOV	F	0.02%
AGL	F	0.02%
OKTA	F	0.02%
USM	C	0.02%
LEVI	C	0.02%
GTLS	F	0.02%
VREX	F	0.02%
DENN	D	0.02%
AGM	D	0.02%
SBCF	C	0.02%
LYV	B	0.02%
KNSL	C	0.02%
VSEC	C	0.02%
OIS	F	0.02%
ATNI	C	0.02%
IRBT	F	0.02%
TITN	F	0.02%
CMP	D	0.02%
ALGT	F	0.02%
DT	C	0.02%
XPRO	F	0.02%
FLGT	D	0.02%
CCRN	F	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%
HLIO	D	0.02%
CLOV	C	0.02%
VCTR	B	0.02%
CMTG	F	0.02%
MEI	F	0.02%
MODV	F	0.02%
CCSI	C	0.02%
RC	D	0.02%
TOST	B	0.02%
RGP	F	0.02%
INMD	D	0.01%
TTEC	F	0.01%
DNUT	D	0.01%
THR	D	0.01%
ONEW	F	0.01%
EVH	C	0.01%
PEBO	C	0.01%
SPWH	D	0.01%
LXU	D	0.01%
NIC	C	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%
HOV	C	0.01%
CMTL	D	0.01%
LGND	C	0.01%
MBUU	D	0.01%
TK	C	0.01%
AOSL	D	0.01%
KE	F	0.01%
LESL	F	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%
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%
CENT	D	0.0%
MSBI	D	0.0%

FNDA Underweight 84 Positions Relative to SLYG

Symbol	Grade	Weight
MLI	B	-1.24%
MTH	B	-1.14%
GKOS	D	-1.08%
AVAV	D	-0.83%
BCC	C	-0.81%
GPI	B	-0.78%
SM	D	-0.76%
TDW	F	-0.6%
MARA	F	-0.6%
NSIT	C	-0.59%
SHAK	C	-0.58%
MSGS	B	-0.56%
KRYS	D	-0.5%
BOX	B	-0.47%
DV	F	-0.42%
TPH	C	-0.4%
PLMR	B	-0.39%
UFPT	C	-0.38%
CPRX	B	-0.37%
ABG	F	-0.36%
VCEL	D	-0.36%
AGYS	D	-0.35%
GSHD	B	-0.35%
NEO	C	-0.34%
SEE	D	-0.33%
JOE	C	-0.33%
LMAT	B	-0.29%
VECO	F	-0.28%
PTGX	C	-0.28%
BL	D	-0.27%
ARCH	F	-0.25%
DVAX	D	-0.24%
POWL	C	-0.23%
SPNT	C	-0.22%
SITM	B	-0.22%
NARI	F	-0.22%
RUSHA	C	-0.22%
TNDM	C	-0.21%
COLL	B	-0.2%
TDS	C	-0.19%
DOCN	B	-0.18%
ARLO	F	-0.18%
EFC	B	-0.18%
EXTR	C	-0.17%
MCRI	B	-0.16%
BTU	D	-0.16%
XPEL	D	-0.15%
ANIP	D	-0.15%
AL	D	-0.15%
STAA	F	-0.15%
HLIT	C	-0.14%
PDFS	D	-0.14%
TRUP	C	-0.13%
CERT	F	-0.12%
HCI	C	-0.12%
WS	C	-0.11%
VVI	C	-0.11%
SDGR	F	-0.1%
BLFS	D	-0.09%
NABL	D	-0.09%
LQDT	B	-0.08%
HRMY	B	-0.08%
MSEX	C	-0.08%
XNCR	C	-0.08%
VICR	F	-0.07%
ATEN	C	-0.07%
TR	C	-0.06%
AHH	B	-0.06%
HSTM	C	-0.06%
CHUY	B	-0.06%
RCUS	D	-0.06%
INN	C	-0.06%
TTGT	F	-0.06%
UHT	B	-0.05%
SWI	B	-0.05%
WSR	D	-0.05%
SLP	F	-0.05%
RGNX	D	-0.04%
GOGO	F	-0.04%
CEVA	C	-0.04%
MCW	F	-0.04%
BFS	C	-0.04%
CHCT	F	-0.03%
SNCY	D	-0.03%