FNDA vs. SPSM ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to SPDR Portfolio Small Cap ETF (SPSM)

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

$56.28

Average Daily Volume

295,345

Number of Holdings ^*

1003

* may have additional holdings in another (foreign) market

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.29

Average Daily Volume

1,478,562

Number of Holdings ^*

578

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	SPSM
30 Days	6.40%	8.16%
60 Days	3.85%	5.26%
90 Days	5.89%	7.63%
12 Months	11.92%	12.38%

446 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in SPSM	Overlap
AAT	B	0.06%	0.1%	0.06%
ABCB	C	0.12%	0.3%	0.12%
ABR	D	0.08%	0.2%	0.08%
ACA	B	0.17%	0.34%	0.17%
ACIW	B	0.16%	0.34%	0.16%
ACLS	F	0.05%	0.29%	0.05%
ADUS	A	0.05%	0.16%	0.05%
AEIS	C	0.1%	0.31%	0.1%
AEO	D	0.06%	0.31%	0.06%
AGO	C	0.23%	0.32%	0.23%
AHCO	C	0.04%	0.07%	0.04%
AIN	C	0.1%	0.22%	0.1%
AIR	F	0.12%	0.16%	0.12%
AKR	B	0.07%	0.17%	0.07%
ALEX	A	0.09%	0.11%	0.09%
ALG	C	0.07%	0.15%	0.07%
ALGT	D	0.02%	0.06%	0.02%
ALK	F	0.06%	0.37%	0.06%
ALKS	B	0.03%	0.36%	0.03%
ALRM	C	0.04%	0.27%	0.04%
AMBC	F	0.03%	0.05%	0.03%
AMCX	F	0.09%	0.03%	0.03%
AMN	B	0.17%	0.2%	0.17%
AMPH	C	0.0%	0.13%	0.0%
AMR	F	0.15%	0.25%	0.15%
AMSF	C	0.01%	0.07%	0.01%
AMWD	B	0.14%	0.12%	0.12%
ANDE	C	0.07%	0.13%	0.07%
AOSL	C	0.01%	0.07%	0.01%
APAM	C	0.14%	0.23%	0.14%
APLE	C	0.16%	0.26%	0.16%
APOG	B	0.12%	0.11%	0.11%
ARCB	B	0.2%	0.22%	0.2%
ARI	C	0.09%	0.11%	0.09%
AROC	C	0.14%	0.24%	0.14%
ASIX	C	0.05%	0.06%	0.05%
ASTE	D	0.05%	0.06%	0.05%
ASTH	B	0.02%	0.17%	0.02%
ATGE	B	0.19%	0.23%	0.19%
ATI	B	0.09%	0.62%	0.09%
AUB	C	0.05%	0.29%	0.05%
AVA	A	0.17%	0.24%	0.17%
AVNS	B	0.04%	0.08%	0.04%
AWI	B	0.21%	0.44%	0.21%
AWR	B	0.06%	0.24%	0.06%
AX	C	0.11%	0.3%	0.11%
AXL	F	0.1%	0.06%	0.06%
AZZ	C	0.11%	0.18%	0.11%
B	C	0.16%	0.15%	0.15%
BANF	B	0.03%	0.12%	0.03%
BANR	C	0.11%	0.16%	0.11%
BCPC	B	0.1%	0.44%	0.1%
BDN	B	0.1%	0.07%	0.07%
BGC	C	0.12%	0.26%	0.12%
BGS	D	0.07%	0.05%	0.05%
BHE	B	0.22%	0.11%	0.11%
BHLB	B	0.01%	0.09%	0.01%
BJRI	F	0.04%	0.06%	0.04%
BKE	B	0.09%	0.1%	0.09%
BKU	B	0.29%	0.22%	0.22%
BLMN	C	0.09%	0.14%	0.09%
BMI	B	0.06%	0.45%	0.06%
BOH	C	0.13%	0.21%	0.13%
BOOT	B	0.1%	0.3%	0.1%
BRC	A	0.04%	0.25%	0.04%
BRKL	C	0.03%	0.07%	0.03%
BSIG	C	0.09%	0.06%	0.06%
BXMT	C	0.13%	0.24%	0.13%
CABO	C	0.11%	0.14%	0.11%
CAKE	D	0.06%	0.14%	0.06%
CAL	B	0.07%	0.09%	0.07%
CALM	A	0.16%	0.22%	0.16%
CALX	B	0.02%	0.18%	0.02%
CARG	C	0.05%	0.15%	0.05%
CARS	B	0.04%	0.09%	0.04%
CASH	B	0.06%	0.13%	0.06%
CATY	C	0.15%	0.25%	0.15%
CBRL	D	0.1%	0.08%	0.08%
CBU	B	0.11%	0.25%	0.11%
CCOI	B	0.07%	0.22%	0.07%
CCRN	C	0.02%	0.04%	0.02%
CCS	B	0.21%	0.23%	0.21%
CEIX	D	0.13%	0.2%	0.13%
CENT	D	0.0%	0.03%	0.0%
CENTA	D	0.09%	0.14%	0.09%
CFFN	C	0.04%	0.06%	0.04%
CHCO	B	0.05%	0.14%	0.05%
CHEF	C	0.05%	0.11%	0.05%
CLB	C	0.04%	0.09%	0.04%
CLW	B	0.08%	0.07%	0.07%
CMP	D	0.03%	0.03%	0.03%
CNK	B	0.11%	0.19%	0.11%
CNMD	F	0.05%	0.16%	0.05%
CNS	B	0.07%	0.17%	0.07%
CNSL	A	0.06%	0.03%	0.03%
CNXN	A	0.08%	0.06%	0.06%
COHU	F	0.05%	0.11%	0.05%
COOP	C	0.22%	0.45%	0.22%
CORT	B	0.07%	0.25%	0.07%
CPF	B	0.04%	0.05%	0.04%
CPK	A	0.06%	0.2%	0.06%
CRC	D	0.15%	0.25%	0.15%
CRK	F	0.05%	0.08%	0.05%
CRS	B	0.24%	0.54%	0.24%
CRVL	B	0.01%	0.22%	0.01%
CSGS	C	0.07%	0.1%	0.07%
CSR	A	0.03%	0.08%	0.03%
CTRE	A	0.02%	0.29%	0.02%
CTS	D	0.05%	0.11%	0.05%
CUBI	C	0.08%	0.14%	0.08%
CVBF	C	0.1%	0.19%	0.1%
CVCO	B	0.13%	0.25%	0.13%
CVGW	F	0.04%	0.03%	0.03%
CVI	D	0.07%	0.06%	0.06%
CWEN	A	0.08%	0.17%	0.08%
CWEN	A	0.08%	0.06%	0.06%
CWK	C	0.21%	0.19%	0.19%
CWT	A	0.08%	0.24%	0.08%
CXW	D	0.2%	0.12%	0.12%
DBI	D	0.04%	0.03%	0.03%
DEA	B	0.06%	0.11%	0.06%
DEI	B	0.19%	0.2%	0.19%
DFIN	C	0.07%	0.13%	0.07%
DIN	F	0.02%	0.04%	0.02%
DIOD	C	0.15%	0.27%	0.15%
DLX	C	0.12%	0.08%	0.08%
DNOW	B	0.16%	0.12%	0.12%
DORM	B	0.1%	0.21%	0.1%
DRH	F	0.11%	0.13%	0.11%
DRQ	F	0.02%	0.04%	0.02%
DXPE	C	0.05%	0.05%	0.05%
DY	B	0.27%	0.4%	0.27%
EAT	D	0.12%	0.23%	0.12%
ECPG	C	0.12%	0.09%	0.09%
EGBN	D	0.04%	0.05%	0.04%
EIG	B	0.09%	0.09%	0.09%
EMBC	C	0.1%	0.07%	0.07%
ENR	C	0.09%	0.16%	0.09%
ENSG	B	0.13%	0.63%	0.13%
ENV	D	0.06%	0.24%	0.06%
ENVA	B	0.17%	0.18%	0.17%
EPAC	B	0.05%	0.16%	0.05%
EPC	C	0.12%	0.15%	0.12%
EPRT	B	0.05%	0.41%	0.05%
ESE	B	0.08%	0.24%	0.08%
ETH	D	0.04%	0.05%	0.04%
EVTC	C	0.04%	0.17%	0.04%
EXPI	C	0.06%	0.08%	0.06%
EYE	D	0.07%	0.08%	0.07%
FBK	B	0.01%	0.13%	0.01%
FBNC	C	0.05%	0.13%	0.05%
FBP	B	0.09%	0.27%	0.09%
FCF	C	0.07%	0.14%	0.07%
FCPT	A	0.05%	0.19%	0.05%
FDP	B	0.16%	0.06%	0.06%
FELE	B	0.12%	0.32%	0.12%
FFBC	C	0.11%	0.2%	0.11%
FHB	C	0.2%	0.25%	0.2%
FIZZ	C	0.03%	0.09%	0.03%
FLGT	C	0.02%	0.04%	0.02%
FN	D	0.15%	0.59%	0.15%
FORM	D	0.08%	0.3%	0.08%
FOXF	D	0.06%	0.17%	0.06%
FSS	B	0.13%	0.46%	0.13%
FTDR	B	0.06%	0.24%	0.06%
FUL	B	0.19%	0.36%	0.19%
FULT	C	0.14%	0.27%	0.14%
FWRD	D	0.1%	0.06%	0.06%
GBX	C	0.16%	0.12%	0.12%
GDEN	C	0.02%	0.06%	0.02%
GDOT	D	0.03%	0.03%	0.03%
GEO	C	0.27%	0.15%	0.15%
GES	C	0.08%	0.05%	0.05%
GFF	C	0.1%	0.21%	0.1%
GIII	D	0.16%	0.08%	0.08%
GMS	C	0.2%	0.29%	0.2%
GNL	C	0.09%	0.13%	0.09%
GO	F	0.08%	0.16%	0.08%
GPRE	C	0.07%	0.09%	0.07%
GRBK	B	0.03%	0.14%	0.03%
GTES	B	0.13%	0.25%	0.13%
GTY	B	0.02%	0.11%	0.02%
GVA	B	0.19%	0.23%	0.19%
HAFC	C	0.03%	0.05%	0.03%
HAIN	C	0.07%	0.05%	0.05%
HASI	B	0.03%	0.29%	0.03%
HAYN	A	0.01%	0.06%	0.01%
HAYW	B	0.03%	0.14%	0.03%
HCC	C	0.31%	0.27%	0.27%
HCSG	C	0.08%	0.06%	0.06%
HFWA	B	0.03%	0.06%	0.03%
HI	D	0.13%	0.23%	0.13%
HIW	A	0.21%	0.25%	0.21%
HLX	C	0.09%	0.12%	0.09%
HMN	C	0.06%	0.11%	0.06%
HNI	B	0.19%	0.2%	0.19%
HOPE	B	0.12%	0.12%	0.12%
HP	C	0.24%	0.3%	0.24%
HPP	C	0.14%	0.06%	0.06%
HSII	B	0.03%	0.06%	0.03%
HTH	C	0.12%	0.12%	0.12%
HTLD	C	0.05%	0.05%	0.05%
HVT	C	0.04%	0.03%	0.03%
HWKN	A	0.07%	0.15%	0.07%
HZO	C	0.08%	0.06%	0.06%
IAC	C	0.12%	0.28%	0.12%
IART	F	0.08%	0.13%	0.08%
IBP	C	0.11%	0.48%	0.11%
IBTX	C	0.09%	0.16%	0.09%
ICHR	F	0.05%	0.08%	0.05%
ICUI	B	0.1%	0.2%	0.1%
IDCC	A	0.1%	0.24%	0.1%
IIIN	C	0.01%	0.05%	0.01%
IIPR	B	0.01%	0.27%	0.01%
INDB	C	0.08%	0.21%	0.08%
INVA	A	0.06%	0.08%	0.06%
IOSP	C	0.13%	0.25%	0.13%
IPAR	B	0.04%	0.19%	0.04%
IRWD	D	0.01%	0.08%	0.01%
ITGR	C	0.11%	0.31%	0.11%
ITRI	C	0.13%	0.35%	0.13%
JACK	C	0.11%	0.09%	0.09%
JBGS	C	0.13%	0.11%	0.11%
JBLU	C	0.12%	0.17%	0.12%
JBSS	B	0.06%	0.07%	0.06%
JBT	D	0.1%	0.24%	0.1%
JJSF	B	0.08%	0.2%	0.08%
KALU	F	0.11%	0.09%	0.09%
KAR	B	0.13%	0.15%	0.13%
KELYA	C	0.15%	0.06%	0.06%
KFY	B	0.21%	0.29%	0.21%
KLG	D	0.07%	0.09%	0.07%
KLIC	F	0.07%	0.19%	0.07%
KMT	C	0.16%	0.16%	0.16%
KN	C	0.08%	0.12%	0.08%
KOP	F	0.07%	0.07%	0.07%
KREF	B	0.03%	0.05%	0.03%
KTB	A	0.12%	0.26%	0.12%
KW	C	0.08%	0.09%	0.08%
KWR	C	0.06%	0.19%	0.06%
LBRT	B	0.15%	0.27%	0.15%
LCII	C	0.18%	0.23%	0.18%
LESL	F	0.01%	0.04%	0.01%
LGIH	B	0.14%	0.19%	0.14%
LGND	B	0.01%	0.14%	0.01%
LKFN	C	0.04%	0.13%	0.04%
LNN	B	0.04%	0.1%	0.04%
LPG	D	0.05%	0.1%	0.05%
LRN	A	0.1%	0.23%	0.1%
LTC	B	0.05%	0.12%	0.05%
LXP	B	0.09%	0.24%	0.09%
LZB	B	0.16%	0.14%	0.14%
MAC	C	0.25%	0.28%	0.25%
MATV	B	0.07%	0.08%	0.07%
MATW	C	0.04%	0.07%	0.04%
MATX	B	0.05%	0.34%	0.05%
MC	C	0.19%	0.37%	0.19%
MCY	A	0.13%	0.12%	0.12%
MD	C	0.07%	0.05%	0.05%
MERC	F	0.04%	0.03%	0.03%
MGEE	A	0.08%	0.24%	0.08%
MGPI	B	0.01%	0.1%	0.01%
MGY	C	0.08%	0.37%	0.08%
MHO	B	0.27%	0.36%	0.27%
MLKN	B	0.19%	0.16%	0.16%
MMI	B	0.06%	0.07%	0.06%
MMSI	B	0.08%	0.38%	0.08%
MNRO	B	0.05%	0.06%	0.05%
MODG	C	0.09%	0.18%	0.09%
MOG.A	B	0.22%	0.43%	0.22%
MOV	D	0.02%	0.03%	0.02%
MRCY	C	0.06%	0.14%	0.06%
MRTN	C	0.07%	0.08%	0.07%
MTRN	C	0.08%	0.19%	0.08%
MTUS	D	0.06%	0.06%	0.06%
MTX	D	0.17%	0.19%	0.17%
MXL	F	0.02%	0.07%	0.02%
MYE	C	0.02%	0.04%	0.02%
MYGN	B	0.05%	0.19%	0.05%
MYRG	F	0.1%	0.18%	0.1%
NBHC	C	0.01%	0.12%	0.01%
NBR	B	0.09%	0.07%	0.07%
NBTB	C	0.08%	0.18%	0.08%
NGVT	F	0.11%	0.12%	0.11%
NHC	B	0.11%	0.14%	0.11%
NMIH	C	0.07%	0.24%	0.07%
NOG	B	0.03%	0.28%	0.03%
NPK	C	0.02%	0.03%	0.02%
NPO	C	0.1%	0.27%	0.1%
NTCT	C	0.09%	0.11%	0.09%
NUS	F	0.07%	0.04%	0.04%
NVEE	C	0.04%	0.1%	0.04%
NVRI	A	0.08%	0.07%	0.07%
NWBI	B	0.08%	0.14%	0.08%
NWN	A	0.08%	0.12%	0.08%
NX	C	0.07%	0.08%	0.07%
OFG	C	0.06%	0.16%	0.06%
OII	B	0.09%	0.23%	0.09%
OMCL	C	0.05%	0.1%	0.05%
OMI	C	0.17%	0.09%	0.09%
OSIS	B	0.09%	0.18%	0.09%
OTTR	B	0.11%	0.31%	0.11%
OUT	B	0.14%	0.18%	0.14%
OXM	D	0.07%	0.12%	0.07%
PARR	D	0.05%	0.11%	0.05%
PATK	B	0.17%	0.2%	0.17%
PBH	B	0.1%	0.27%	0.1%
PBI	C	0.13%	0.08%	0.08%
PCRX	F	0.0%	0.07%	0.0%
PDCO	C	0.19%	0.16%	0.16%
PEB	F	0.08%	0.13%	0.08%
PECO	B	0.1%	0.33%	0.1%
PFBC	C	0.01%	0.08%	0.01%
PFS	C	0.1%	0.19%	0.1%
PHIN	B	0.15%	0.15%	0.15%
PINC	B	0.18%	0.17%	0.17%
PIPR	B	0.16%	0.33%	0.16%
PJT	B	0.06%	0.22%	0.06%
PLAB	F	0.07%	0.12%	0.07%
PLAY	F	0.05%	0.09%	0.05%
PLUS	B	0.13%	0.19%	0.13%
PLXS	B	0.22%	0.26%	0.22%
PMT	C	0.09%	0.09%	0.09%
PPBI	C	0.1%	0.2%	0.1%
PRA	D	0.04%	0.05%	0.04%
PRAA	C	0.07%	0.08%	0.07%
PRDO	B	0.09%	0.13%	0.09%
PRFT	A	0.05%	0.2%	0.05%
PRG	B	0.24%	0.15%	0.15%
PRGS	B	0.05%	0.2%	0.05%
PRK	C	0.09%	0.2%	0.09%
PRLB	C	0.04%	0.07%	0.04%
PRVA	B	0.02%	0.17%	0.02%
PSMT	B	0.17%	0.17%	0.17%
PTEN	D	0.19%	0.25%	0.19%
PUMP	C	0.07%	0.06%	0.06%
PZZA	F	0.03%	0.11%	0.03%
RAMP	F	0.08%	0.15%	0.08%
RC	C	0.03%	0.11%	0.03%
RDN	B	0.28%	0.43%	0.28%
RDNT	C	0.04%	0.3%	0.04%
RES	C	0.04%	0.05%	0.04%
REX	B	0.01%	0.06%	0.01%
RGR	C	0.05%	0.06%	0.05%
RILY	F	0.03%	0.02%	0.02%
RNST	C	0.02%	0.15%	0.02%
ROCK	D	0.09%	0.19%	0.09%
ROG	D	0.08%	0.16%	0.08%
ROIC	B	0.06%	0.15%	0.06%
RUN	B	0.02%	0.28%	0.02%
RWT	C	0.04%	0.07%	0.04%
RXO	B	0.26%	0.29%	0.26%
SABR	D	0.07%	0.1%	0.07%
SAFT	B	0.08%	0.1%	0.08%
SAH	B	0.14%	0.06%	0.06%
SATS	B	0.47%	0.18%	0.18%
SBCF	C	0.02%	0.18%	0.02%
SBH	D	0.16%	0.09%	0.09%
SBSI	B	0.04%	0.08%	0.04%
SCHL	F	0.07%	0.06%	0.06%
SCL	D	0.14%	0.15%	0.14%
SCSC	C	0.14%	0.1%	0.1%
SCVL	C	0.06%	0.06%	0.06%
SEDG	F	0.01%	0.12%	0.01%
SEM	B	0.24%	0.32%	0.24%
SFBS	B	0.02%	0.3%	0.02%
SFNC	C	0.15%	0.21%	0.15%
SGH	C	0.05%	0.09%	0.05%
SHEN	B	0.05%	0.08%	0.05%
SHO	D	0.11%	0.16%	0.11%
SHOO	C	0.18%	0.23%	0.18%
SIG	F	0.19%	0.29%	0.19%
SITC	B	0.12%	0.22%	0.12%
SJW	B	0.05%	0.14%	0.05%
SKT	A	0.09%	0.24%	0.09%
SKYW	C	0.15%	0.24%	0.15%
SLCA	B	0.01%	0.09%	0.01%
SLG	B	0.07%	0.33%	0.07%
SLVM	B	0.26%	0.2%	0.2%
SMP	C	0.05%	0.05%	0.05%
SMPL	F	0.05%	0.24%	0.05%
SMTC	D	0.09%	0.15%	0.09%
SNEX	B	0.01%	0.17%	0.01%
SONO	F	0.05%	0.13%	0.05%
SPSC	B	0.04%	0.59%	0.04%
SSTK	C	0.04%	0.08%	0.04%
STBA	B	0.07%	0.13%	0.07%
STC	C	0.2%	0.15%	0.15%
STEP	B	0.04%	0.2%	0.04%
STRA	D	0.11%	0.2%	0.11%
SUPN	C	0.05%	0.13%	0.05%
SVC	D	0.18%	0.07%	0.07%
SXC	C	0.07%	0.07%	0.07%
SXI	B	0.07%	0.17%	0.07%
SXT	C	0.16%	0.25%	0.16%
TALO	D	0.08%	0.14%	0.08%
TBBK	C	0.01%	0.2%	0.01%
THRM	B	0.08%	0.12%	0.08%
THRY	F	0.06%	0.05%	0.05%
THS	B	0.15%	0.14%	0.14%
TILE	C	0.08%	0.08%	0.08%
TMP	C	0.03%	0.06%	0.03%
TNC	C	0.08%	0.16%	0.08%
TRIP	F	0.07%	0.15%	0.07%
TRMK	C	0.11%	0.16%	0.11%
TRN	A	0.19%	0.2%	0.19%
TTMI	C	0.21%	0.16%	0.16%
TWI	C	0.0%	0.03%	0.0%
UCBI	B	0.1%	0.28%	0.1%
UCTT	D	0.1%	0.15%	0.1%
UE	B	0.09%	0.19%	0.09%
UFCS	C	0.03%	0.04%	0.03%
UNF	A	0.17%	0.22%	0.17%
UNIT	C	0.14%	0.07%	0.07%
URBN	C	0.22%	0.2%	0.2%
USNA	F	0.04%	0.04%	0.04%
USPH	C	0.02%	0.11%	0.02%
UTL	A	0.04%	0.08%	0.04%
UVV	C	0.16%	0.1%	0.1%
VBTX	C	0.05%	0.1%	0.05%
VGR	A	0.09%	0.13%	0.09%
VIAV	D	0.07%	0.13%	0.07%
VIR	D	0.02%	0.07%	0.02%
VIRT	C	0.19%	0.19%	0.19%
VREX	F	0.02%	0.05%	0.02%
VRRM	B	0.06%	0.38%	0.06%
VRTS	D	0.02%	0.12%	0.02%
VSAT	C	0.12%	0.11%	0.11%
VSCO	F	0.14%	0.1%	0.1%
VSTO	A	0.13%	0.18%	0.13%
VSTS	C	0.12%	0.13%	0.12%
VTOL	B	0.01%	0.07%	0.01%
WABC	C	0.03%	0.11%	0.03%
WAFD	B	0.16%	0.18%	0.16%
WD	C	0.16%	0.27%	0.16%
WDFC	B	0.06%	0.28%	0.06%
WGO	C	0.15%	0.14%	0.14%
WHD	B	0.06%	0.31%	0.06%
WNC	F	0.08%	0.07%	0.07%
WOR	F	0.1%	0.12%	0.1%
WRLD	D	0.05%	0.03%	0.03%
WSFS	C	0.1%	0.26%	0.1%
WWW	B	0.13%	0.09%	0.09%
XHR	D	0.1%	0.11%	0.1%
YELP	F	0.14%	0.19%	0.14%
ZEUS	D	0.04%	0.04%	0.04%

FNDA Overweight 558 Positions Relative to SPSM

Symbol	Grade	Weight
ANF	D	0.47%
COIN	C	0.4%
RCL	C	0.37%
EBS	C	0.36%
TPC	C	0.3%
SMCI	D	0.3%
UTHR	B	0.3%
CRUS	C	0.29%
GME	D	0.29%
KMPR	B	0.28%
FICO	B	0.28%
WWD	D	0.27%
SWX	B	0.27%
XPO	B	0.26%
WAL	C	0.26%
FLS	B	0.26%
CLH	A	0.25%
OHI	A	0.25%
TXRH	A	0.25%
SPOT	B	0.24%
VLTO	A	0.24%
HE	C	0.24%
AMKR	F	0.24%
SPR	B	0.24%
SF	B	0.24%
TEX	C	0.23%
FRT	A	0.23%
VMI	B	0.23%
TTEK	A	0.22%
UAL	F	0.22%
BWXT	C	0.22%
ENS	B	0.22%
DHC	C	0.22%
SCCO	D	0.22%
HEI	A	0.22%
FNB	B	0.22%
AGNC	B	0.22%
BKH	A	0.22%
FCN	C	0.22%
LOPE	A	0.22%
AIT	C	0.22%
COLD	B	0.21%
AVNT	B	0.21%
HWC	C	0.21%
SAIA	F	0.21%
CBT	C	0.21%
ASH	D	0.21%
PB	B	0.21%
DBRG	D	0.21%
ESI	C	0.21%
SPB	D	0.21%
GATX	C	0.21%
GHC	C	0.21%
KEX	C	0.2%
ELS	A	0.2%
KRC	C	0.2%
PNFP	B	0.2%
WTFC	C	0.2%
ENTG	F	0.2%
SMG	B	0.2%
CBSH	B	0.2%
LNW	A	0.2%
WBS	C	0.2%
CR	B	0.2%
ASB	C	0.2%
CADE	C	0.2%
ADTN	B	0.19%
NYT	B	0.19%
DTM	A	0.19%
ELAN	D	0.19%
JELD	C	0.19%
SRCL	A	0.19%
CROX	D	0.19%
IMKTA	B	0.19%
INCY	C	0.19%
OZK	C	0.19%
HRI	C	0.19%
RPRX	C	0.19%
CFR	C	0.19%
SR	B	0.19%
CACC	D	0.19%
OLLI	B	0.18%
SBRA	B	0.18%
WMK	A	0.18%
WH	C	0.18%
CUBE	B	0.18%
ESNT	B	0.18%
OGS	B	0.18%
UBSI	B	0.18%
VVV	B	0.18%
COLB	C	0.18%
IDA	A	0.18%
FIX	C	0.18%
MAT	B	0.18%
VRT	D	0.17%
HLF	D	0.17%
COLM	D	0.17%
EEFT	F	0.17%
CUZ	A	0.17%
KNF	C	0.17%
UAA	D	0.17%
AMH	C	0.17%
NJR	A	0.17%
RNR	A	0.17%
CSGP	C	0.17%
TROX	D	0.17%
FDS	F	0.17%
PFSI	C	0.17%
CGNX	D	0.17%
BCO	B	0.17%
HXL	D	0.17%
SCS	B	0.17%
LFUS	B	0.17%
ALE	A	0.17%
SSD	C	0.17%
PNM	A	0.17%
NNN	A	0.17%
WYNN	F	0.16%
MPWR	C	0.16%
ONB	B	0.16%
GMED	B	0.16%
ACHC	D	0.16%
WTM	C	0.16%
BYD	C	0.16%
NOMD	B	0.16%
PCH	C	0.16%
MTDR	D	0.16%
Z	D	0.16%
NWE	B	0.16%
BIO	B	0.16%
HLI	B	0.16%
VNT	F	0.16%
WMS	C	0.15%
SUM	B	0.15%
GBCI	C	0.15%
SLAB	F	0.15%
UMBF	B	0.15%
ZM	F	0.15%
AGR	B	0.15%
CHDN	B	0.15%
MOD	B	0.15%
MTCH	B	0.15%
ATKR	F	0.15%
AXS	B	0.15%
VLY	C	0.15%
EPR	B	0.14%
SIGI	D	0.14%
ROL	C	0.14%
BFAM	B	0.14%
EXEL	A	0.14%
TYL	B	0.14%
ESAB	C	0.14%
GEF	B	0.14%
RIG	D	0.14%
LAUR	B	0.14%
LITE	C	0.14%
APG	D	0.14%
NEU	B	0.14%
SITE	C	0.14%
SN	C	0.14%
H	C	0.14%
SNDR	B	0.13%
TREX	D	0.13%
TPG	B	0.13%
VEEV	C	0.13%
COKE	A	0.13%
RGLD	A	0.13%
WTS	B	0.13%
SIRI	D	0.13%
DLB	F	0.13%
NVST	F	0.13%
TDC	F	0.13%
BDC	A	0.13%
AMED	A	0.13%
RYN	B	0.13%
ARES	B	0.13%
PPC	B	0.13%
CNM	C	0.12%
WEX	D	0.12%
HIBB	A	0.12%
CNXC	C	0.12%
DOLE	A	0.12%
RLJ	F	0.12%
IGT	C	0.12%
PDM	A	0.12%
ZD	F	0.12%
CHX	C	0.12%
STAG	A	0.12%
WEN	C	0.12%
NMRK	B	0.12%
RH	B	0.12%
TNET	D	0.12%
CVLT	B	0.12%
CHRD	D	0.12%
SKY	C	0.12%
ETSY	D	0.12%
IPGP	F	0.12%
OPCH	C	0.11%
MANH	B	0.11%
MSA	C	0.11%
EXLS	C	0.11%
PINS	F	0.11%
ABNB	F	0.11%
DNB	C	0.11%
WSBC	C	0.11%
PLNT	C	0.11%
PTC	D	0.11%
VC	C	0.11%
MORN	B	0.11%
WSC	C	0.11%
FIBK	C	0.11%
FR	A	0.11%
MASI	F	0.11%
CIVI	D	0.11%
DASH	D	0.11%
BRKR	D	0.11%
TECH	B	0.11%
BOKF	C	0.11%
TCBI	C	0.11%
MWA	B	0.11%
FND	F	0.11%
RRC	F	0.11%
TPL	B	0.11%
DDS	F	0.11%
IBOC	C	0.11%
MKTX	C	0.11%
RYI	D	0.1%
WDAY	D	0.1%
ESRT	B	0.1%
HAE	C	0.1%
PGRE	C	0.1%
RLI	A	0.1%
AMRK	C	0.1%
ENOV	C	0.1%
DXCM	F	0.1%
TWLO	D	0.1%
LANC	B	0.1%
HEES	C	0.1%
HGV	D	0.1%
BMRN	C	0.1%
BKD	B	0.1%
ICFI	B	0.09%
RHP	C	0.09%
MGRC	D	0.09%
RNG	C	0.09%
KFRC	C	0.09%
GCI	C	0.09%
FFIN	C	0.09%
EGP	A	0.09%
PSN	B	0.09%
SLGN	A	0.09%
ESGR	B	0.09%
FRME	C	0.09%
SASR	C	0.09%
CDE	C	0.09%
RRR	C	0.09%
CSTM	F	0.09%
SYNA	F	0.09%
OLED	C	0.09%
CBZ	C	0.09%
NSP	C	0.09%
HTLF	C	0.09%
AM	C	0.09%
ORA	A	0.09%
KRG	A	0.09%
NHI	A	0.09%
APP	D	0.09%
KOS	F	0.09%
CNA	B	0.08%
PTVE	D	0.08%
NBIX	A	0.08%
OPEN	D	0.08%
PLTR	C	0.08%
KAI	C	0.08%
LGF.A	D	0.08%
REXR	B	0.08%
CODI	C	0.08%
IBKR	D	0.08%
GTN	D	0.08%
TW	A	0.08%
CCO	C	0.08%
OEC	D	0.08%
ONTO	F	0.08%
LADR	B	0.08%
SAM	F	0.08%
GOLF	B	0.08%
MRC	B	0.08%
RBC	B	0.08%
TOWN	B	0.08%
POWI	F	0.08%
CACC	D	0.08%
HL	C	0.08%
HELE	F	0.08%
REVG	B	0.08%
ROKU	D	0.07%
IRDM	C	0.07%
CPNG	D	0.07%
HRB	A	0.07%
WTRG	A	0.07%
ZIMV	C	0.07%
SFL	F	0.07%
PAYC	C	0.07%
BXC	C	0.07%
BUSE	C	0.07%
VSH	C	0.07%
NNI	B	0.07%
HALO	B	0.07%
NSA	C	0.07%
MMS	B	0.07%
FTI	B	0.07%
CMPR	B	0.07%
BLD	C	0.07%
HOMB	B	0.07%
SWBI	B	0.07%
FSLR	D	0.07%
LILAK	B	0.07%
STRL	D	0.07%
ATSG	C	0.07%
CHH	B	0.07%
BV	A	0.07%
PAGS	C	0.07%
COTY	F	0.07%
YETI	D	0.07%
MELI	D	0.07%
CNDT	B	0.07%
AY	B	0.07%
NOW	B	0.07%
MEDP	D	0.07%
NTB	C	0.07%
EXPO	B	0.07%
AZEK	D	0.07%
ROAD	C	0.06%
HQY	D	0.06%
BLKB	C	0.06%
EFSC	B	0.06%
GCO	B	0.06%
GWRE	B	0.06%
BNL	B	0.06%
CHE	B	0.06%
BSY	F	0.06%
TTD	D	0.06%
QLYS	D	0.06%
AAN	B	0.06%
NTGR	B	0.06%
MSM	C	0.06%
HHH	C	0.06%
AAON	C	0.06%
SNBR	C	0.06%
GLNG	B	0.06%
DBX	D	0.06%
REYN	C	0.06%
APO	C	0.06%
WFRD	C	0.06%
RDUS	D	0.06%
PSTG	D	0.06%
VRSN	C	0.06%
EBC	C	0.06%
ENPH	F	0.06%
ACCO	C	0.06%
GFS	D	0.06%
TBI	C	0.06%
JWN	B	0.06%
CSWI	B	0.06%
AZTA	B	0.06%
CRL	B	0.06%
PR	F	0.06%
TRS	D	0.06%
CNX	B	0.06%
ZUMZ	B	0.06%
IRT	A	0.06%
ILPT	C	0.06%
TNL	C	0.06%
DHT	C	0.06%
BZH	B	0.06%
COMM	B	0.06%
JAZZ	C	0.06%
STNG	D	0.06%
ADC	A	0.06%
AGX	C	0.05%
LIVN	F	0.05%
TUP	F	0.05%
LBRDK	B	0.05%
CBL	B	0.05%
VRNT	C	0.05%
VAL	C	0.05%
SFIX	C	0.05%
STNE	D	0.05%
HMST	B	0.05%
CWH	C	0.05%
SENEA	B	0.05%
GLOB	C	0.05%
FHI	C	0.05%
CMCO	D	0.05%
WING	D	0.05%
COMP	C	0.05%
W	F	0.05%
CPS	D	0.05%
NEOG	B	0.05%
SBLK	F	0.05%
LYFT	F	0.05%
ALIT	D	0.05%
SSB	B	0.05%
NOVT	C	0.05%
TRTX	C	0.05%
TRNO	A	0.05%
AGRO	F	0.05%
KTOS	B	0.05%
FIVE	F	0.05%
HURN	A	0.05%
CWST	B	0.05%
ZWS	C	0.05%
ECVT	F	0.05%
AAL	F	0.05%
TCBK	C	0.04%
BRBR	D	0.04%
IRBT	D	0.04%
SEB	D	0.04%
OPI	D	0.04%
TEN	D	0.04%
LSCC	F	0.04%
GLDD	C	0.04%
EBF	B	0.04%
TSE	F	0.04%
CRAI	C	0.04%
CMRE	D	0.04%
BRY	D	0.04%
DAC	D	0.04%
EAF	F	0.04%
UVE	C	0.04%
CLVT	D	0.04%
IHRT	C	0.04%
TDOC	F	0.04%
MTW	D	0.04%
TNK	D	0.04%
CNNE	C	0.04%
WTTR	A	0.04%
XP	F	0.04%
PRIM	B	0.04%
INSW	D	0.04%
UIS	C	0.04%
IVT	A	0.03%
DHIL	B	0.03%
TITN	D	0.03%
FLWS	B	0.03%
CSV	B	0.03%
CTRN	F	0.03%
OPK	C	0.03%
BRSP	D	0.03%
XPRO	C	0.03%
RKT	C	0.03%
PEN	F	0.03%
AVO	C	0.03%
CMTG	D	0.03%
WASH	C	0.03%
PTON	F	0.03%
SGRY	B	0.03%
RGP	C	0.03%
SRI	B	0.03%
SNOW	F	0.03%
ALTO	D	0.03%
AMC	D	0.03%
CNOB	C	0.03%
ARCO	C	0.03%
WOW	B	0.03%
MEI	D	0.03%
DO	C	0.03%
SRCE	B	0.03%
WOOF	D	0.03%
TPIC	D	0.03%
PFC	C	0.03%
AGL	D	0.03%
EXAS	C	0.03%
ZI	F	0.03%
DCO	B	0.03%
SHYF	B	0.03%
ERIE	A	0.03%
RGEN	B	0.03%
OCFC	C	0.03%
BBSI	A	0.03%
GNK	D	0.03%
PODD	B	0.03%
PEGA	B	0.03%
GPMT	D	0.02%
USM	B	0.02%
MED	D	0.02%
DT	F	0.02%
LYV	C	0.02%
AVD	D	0.02%
MODV	F	0.02%
ATNI	C	0.02%
SSYS	F	0.02%
RYAM	B	0.02%
DAY	C	0.02%
JRVR	D	0.02%
OIS	C	0.02%
VSEC	C	0.02%
SNAP	F	0.02%
TKO	C	0.02%
AGM	C	0.02%
RMBS	F	0.02%
OKTA	C	0.02%
CRGY	D	0.02%
CRMT	C	0.02%
DENN	D	0.02%
PLOW	B	0.02%
KRNY	C	0.02%
WOLF	F	0.02%
ARKO	C	0.02%
VCTR	C	0.02%
CLDT	C	0.02%
SSP	D	0.02%
TOST	C	0.02%
GTLS	C	0.02%
CCSI	C	0.02%
HLIO	F	0.02%
EVRI	B	0.02%
INMD	F	0.01%
GSM	F	0.01%
MSBI	D	0.01%
HY	B	0.01%
SPWH	F	0.01%
THR	C	0.01%
PEBO	C	0.01%
NIC	C	0.01%
LXU	B	0.01%
HLNE	B	0.01%
CMTL	D	0.01%
ONEW	D	0.01%
AMRC	D	0.01%
PRM	B	0.01%
HOV	C	0.01%
MBUU	D	0.01%
TK	D	0.01%
NR	C	0.01%
MP	F	0.01%
SBOW	D	0.01%
TTEC	D	0.01%
WMG	F	0.01%
NU	C	0.01%
EDR	A	0.01%
PKST	D	0.01%
PETS	F	0.01%
GSL	D	0.01%
GPRO	D	0.01%
KE	C	0.01%
PLCE	F	0.01%
CLOV	B	0.01%
KNSL	B	0.01%
BMBL	F	0.01%
LEVI	F	0.01%
EQT	F	0.0%
CHGG	F	0.0%
ALGM	F	0.0%
EVH	C	0.0%
GIC	C	0.0%
WTI	D	0.0%
CRNC	F	0.0%
DNUT	F	0.0%

FNDA Underweight 132 Positions Relative to SPSM

Symbol	Grade	Weight
MLI	B	-0.61%
MTH	B	-0.56%
CMA	B	-0.54%
RHI	F	-0.51%
NSIT	C	-0.47%
JXN	B	-0.45%
GKOS	C	-0.45%
LNC	B	-0.44%
OGN	B	-0.44%
VFC	B	-0.42%
SEE	B	-0.42%
BCC	C	-0.42%
MARA	D	-0.41%
ABG	B	-0.4%
SM	D	-0.4%
AL	C	-0.39%
KRYS	C	-0.39%
AVAV	D	-0.37%
GPI	B	-0.35%
TDW	C	-0.35%
TPH	C	-0.33%
BOX	B	-0.31%
SANM	B	-0.31%
ASO	F	-0.3%
AAP	D	-0.29%
DXC	C	-0.28%
ABM	A	-0.27%
NWL	B	-0.26%
MSGS	B	-0.26%
REZI	C	-0.25%
SHAK	C	-0.25%
RUSHA	A	-0.24%
MPW	D	-0.23%
GNW	B	-0.23%
DV	C	-0.23%
HUBG	B	-0.22%
PENN	D	-0.22%
LUMN	B	-0.21%
NARI	D	-0.21%
ARCH	F	-0.2%
WERN	B	-0.2%
BL	F	-0.19%
FTRE	C	-0.19%
VCEL	C	-0.19%
BTU	D	-0.18%
SITM	C	-0.18%
TNDM	D	-0.18%
KSS	D	-0.18%
FL	B	-0.18%
NATL	C	-0.17%
VECO	D	-0.17%
NEO	B	-0.17%
PTGX	C	-0.17%
JOE	B	-0.17%
UFPT	A	-0.17%
AGYS	B	-0.17%
PLMR	B	-0.17%
GSHD	B	-0.17%
TDS	B	-0.16%
HBI	B	-0.16%
CPRX	B	-0.15%
BANC	D	-0.15%
STAA	D	-0.15%
LEG	D	-0.14%
OI	C	-0.14%
EXTR	D	-0.14%
HLIT	B	-0.13%
CERT	C	-0.13%
DOCN	F	-0.13%
LMAT	B	-0.13%
DAN	D	-0.12%
ARLO	C	-0.11%
DVAX	F	-0.11%
TGI	C	-0.1%
COLL	B	-0.1%
XRX	F	-0.1%
XNCR	F	-0.1%
NAVI	C	-0.1%
ODP	D	-0.1%
TRUP	B	-0.1%
SPNT	A	-0.1%
CXM	F	-0.09%
MSEX	B	-0.09%
WS	C	-0.09%
POWL	C	-0.09%
SDGR	C	-0.09%
ANIP	B	-0.08%
ATEN	F	-0.08%
NXRT	A	-0.08%
MCRI	B	-0.08%
PDFS	D	-0.08%
HRMY	C	-0.08%
EFC	B	-0.08%
XPEL	C	-0.07%
RCUS	D	-0.07%
BLFS	B	-0.07%
DCOM	C	-0.07%
VICR	C	-0.07%
UNFI	C	-0.07%
DGII	C	-0.07%
NABL	D	-0.07%
QNST	B	-0.07%
SPTN	B	-0.06%
CENX	D	-0.06%
AHH	B	-0.06%
TTGT	C	-0.06%
CTKB	D	-0.05%
CHUY	C	-0.05%
SLP	D	-0.05%
RGNX	D	-0.05%
WSR	B	-0.05%
CHCT	F	-0.05%
TRST	B	-0.05%
VVI	D	-0.05%
INN	B	-0.05%
MCW	C	-0.05%
HSTM	B	-0.05%
HCI	D	-0.05%
CEVA	D	-0.04%
DDD	D	-0.04%
SNCY	D	-0.04%
LQDT	B	-0.04%
HTZ	F	-0.04%
BFS	A	-0.04%
GOGO	F	-0.04%
TR	C	-0.04%
UHT	B	-0.04%
EZPW	B	-0.04%
MLAB	B	-0.04%
CRSR	F	-0.03%
PAHC	B	-0.03%
SPWR	F	-0.01%