FNDA vs. SVAL ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to iShares US Small Cap Value Factor ETF (SVAL)

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

$30.73

Average Daily Volume

481,574

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

SVAL

iShares US Small Cap Value Factor ETF

SVAL Description

The investment seeks to track the investment results of the Russell 2000 Focused Value Select Index composed of U.S. small-capitalization stocks with prominent value characteristics. The index measures the performance of small-capitalization U.S. companies with prominent value factor characteristics, as determined by the index provider. The fund generally will invest at least 80% of its assets in the component securities and other instruments of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Grade (RS Rating)

Last Trade

$34.51

Average Daily Volume

30,779

Number of Holdings ^*

228

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	SVAL
30 Days	2.08%	4.77%
60 Days	4.33%	6.05%
90 Days	7.46%	9.66%
12 Months	26.03%	25.45%

161 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in SVAL	Overlap
ABCB	B	0.13%	0.0%	0.0%
AEO	F	0.1%	0.36%	0.1%
AKR	A	0.08%	0.55%	0.08%
ALE	A	0.17%	0.39%	0.17%
AMR	C	0.13%	0.3%	0.13%
AMWD	C	0.14%	0.42%	0.14%
ANDE	F	0.12%	0.3%	0.12%
AOSL	C	0.0%	0.33%	0.0%
APLE	B	0.17%	0.33%	0.17%
ARCB	C	0.19%	0.36%	0.19%
ARKO	D	0.02%	0.3%	0.02%
ASB	B	0.21%	0.51%	0.21%
ASIX	C	0.04%	0.31%	0.04%
ATKR	D	0.13%	0.2%	0.13%
ATSG	A	0.06%	0.34%	0.06%
AUB	B	0.07%	0.0%	0.0%
AVNT	B	0.22%	0.47%	0.22%
AX	B	0.11%	0.0%	0.0%
BANR	B	0.12%	0.0%	0.0%
BHLB	B	0.01%	0.0%	0.0%
BNL	D	0.06%	0.38%	0.06%
BRKL	B	0.02%	0.0%	0.0%
BRY	F	0.02%	0.18%	0.02%
BUSE	B	0.06%	0.45%	0.06%
BXC	B	0.1%	0.48%	0.1%
BZH	C	0.04%	0.45%	0.04%
CADE	B	0.22%	0.0%	0.0%
CAL	F	0.06%	0.34%	0.06%
CALM	A	0.2%	0.61%	0.2%
CASH	B	0.07%	0.0%	0.0%
CATY	B	0.17%	0.0%	0.0%
CCS	F	0.19%	0.43%	0.19%
CEIX	A	0.15%	0.38%	0.15%
CFFN	B	0.03%	0.46%	0.03%
CLW	F	0.02%	0.23%	0.02%
CNOB	B	0.02%	0.5%	0.02%
CNX	A	0.17%	0.55%	0.17%
CPF	B	0.03%	0.0%	0.0%
CRC	A	0.19%	0.34%	0.19%
CVBF	B	0.11%	0.43%	0.11%
CVI	D	0.06%	0.18%	0.06%
CXW	B	0.28%	0.62%	0.28%
DEA	D	0.05%	0.35%	0.05%
EBC	B	0.07%	0.96%	0.07%
EFSC	B	0.06%	0.51%	0.06%
EGBN	B	0.03%	0.0%	0.0%
EIG	B	0.09%	0.0%	0.0%
ESGR	B	0.05%	0.43%	0.05%
ESNT	D	0.15%	0.38%	0.15%
ETD	D	0.02%	0.32%	0.02%
FBK	B	0.01%	0.64%	0.01%
FBNC	B	0.05%	0.0%	0.0%
FBP	B	0.06%	0.0%	0.0%
FCF	B	0.07%	0.0%	0.0%
FDP	B	0.23%	0.42%	0.23%
FFBC	B	0.11%	0.0%	0.0%
FIBK	B	0.11%	0.43%	0.11%
FLGT	F	0.01%	0.22%	0.01%
FRME	B	0.09%	0.51%	0.09%
FULT	B	0.14%	0.0%	0.0%
GBCI	B	0.17%	0.64%	0.17%
GDOT	D	0.02%	0.0%	0.0%
GEF	B	0.16%	0.33%	0.16%
GHC	B	0.23%	0.52%	0.23%
GMS	B	0.21%	0.51%	0.21%
HAFC	B	0.02%	0.0%	0.0%
HCC	B	0.27%	0.42%	0.27%
HFWA	B	0.02%	0.0%	0.0%
HMN	B	0.07%	0.0%	0.0%
HOMB	A	0.1%	0.48%	0.1%
HOPE	B	0.12%	0.49%	0.12%
HP	C	0.19%	0.26%	0.19%
HSII	B	0.03%	0.6%	0.03%
HTH	B	0.11%	0.37%	0.11%
HTLD	B	0.05%	0.28%	0.05%
HTLF	B	0.1%	0.73%	0.1%
HWC	B	0.21%	0.52%	0.21%
IIIN	D	0.01%	0.3%	0.01%
INDB	B	0.09%	0.0%	0.0%
INSW	F	0.04%	0.31%	0.04%
INVA	C	0.04%	0.48%	0.04%
JBGS	F	0.12%	0.35%	0.12%
JRVR	F	0.01%	0.1%	0.01%
KELYA	F	0.06%	0.27%	0.06%
KFY	B	0.21%	0.52%	0.21%
LCII	D	0.19%	0.32%	0.19%
LPG	F	0.03%	0.31%	0.03%
LXU	C	0.0%	0.27%	0.0%
LZB	B	0.15%	0.45%	0.15%
MATX	B	0.04%	0.6%	0.04%
MD	C	0.08%	0.38%	0.08%
MED	F	0.01%	0.08%	0.01%
MGY	A	0.09%	0.39%	0.09%
MHO	D	0.25%	0.6%	0.25%
MLKN	F	0.14%	0.32%	0.14%
MNRO	C	0.03%	0.35%	0.03%
MTUS	D	0.02%	0.22%	0.02%
NBHC	B	0.01%	0.0%	0.0%
NBTB	B	0.07%	0.0%	0.0%
NIC	B	0.0%	0.52%	0.0%
NMIH	D	0.07%	0.45%	0.07%
NOG	B	0.04%	0.33%	0.04%
NTB	B	0.05%	0.45%	0.05%
NWBI	B	0.08%	0.0%	0.0%
NWE	C	0.17%	0.37%	0.17%
NX	C	0.07%	0.35%	0.07%
OFG	B	0.04%	0.0%	0.0%
OIS	C	0.01%	0.21%	0.01%
ONB	B	0.17%	0.49%	0.17%
PARR	F	0.04%	0.16%	0.04%
PATK	D	0.18%	0.57%	0.18%
PEBO	B	0.0%	0.45%	0.0%
PFBC	B	0.0%	0.0%	0.0%
PFC	B	0.02%	0.54%	0.02%
PFS	B	0.1%	0.0%	0.0%
PPBI	B	0.11%	0.0%	0.0%
PRDO	B	0.09%	0.0%	0.0%
PRG	C	0.25%	0.47%	0.25%
PTEN	C	0.16%	0.19%	0.16%
RDN	D	0.24%	0.45%	0.24%
RGP	F	0.01%	0.18%	0.01%
RLJ	C	0.12%	0.32%	0.12%
RNST	B	0.04%	0.0%	0.0%
RYI	C	0.13%	0.27%	0.13%
SASR	B	0.11%	0.58%	0.11%
SBCF	B	0.03%	0.0%	0.0%
SBSI	B	0.02%	0.4%	0.02%
SCS	B	0.15%	0.39%	0.15%
SFNC	B	0.16%	0.0%	0.0%
SIG	C	0.23%	0.44%	0.23%
SKYW	B	0.24%	0.86%	0.24%
SRCE	B	0.02%	0.51%	0.02%
STBA	B	0.06%	0.0%	0.0%
STC	B	0.19%	0.0%	0.0%
STNG	D	0.03%	0.33%	0.03%
SXC	A	0.05%	0.39%	0.05%
TALO	C	0.08%	0.23%	0.08%
TBI	F	0.02%	0.16%	0.02%
TCBI	B	0.15%	0.49%	0.15%
TCBK	B	0.02%	0.48%	0.02%
THRY	F	0.03%	0.24%	0.03%
TILE	B	0.07%	0.84%	0.07%
TMP	B	0.02%	0.49%	0.02%
TOWN	B	0.08%	0.5%	0.08%
TRMK	B	0.11%	0.0%	0.0%
TTMI	B	0.22%	0.6%	0.22%
TWI	F	0.0%	0.17%	0.0%
UBSI	B	0.19%	0.49%	0.19%
UMBF	B	0.17%	0.64%	0.17%
UVE	A	0.03%	0.52%	0.03%
VBTX	B	0.06%	0.0%	0.0%
VLY	B	0.2%	0.38%	0.2%
VSH	F	0.09%	0.21%	0.09%
VSTO	A	0.14%	0.43%	0.14%
WABC	B	0.02%	0.0%	0.0%
WAFD	B	0.16%	0.46%	0.16%
WASH	B	0.02%	0.48%	0.02%
WGO	D	0.17%	0.33%	0.17%
WNC	D	0.08%	0.3%	0.08%
WOR	F	0.08%	0.21%	0.08%
WSFS	B	0.1%	0.0%	0.0%

FNDA Overweight 835 Positions Relative to SVAL

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%
ANF	C	0.34%
UTHR	C	0.32%
SF	B	0.31%
GME	C	0.31%
APP	A	0.3%
XPO	B	0.3%
VSCO	A	0.29%
BKU	A	0.29%
FLS	A	0.29%
AIT	B	0.28%
MAC	A	0.28%
HRI	C	0.28%
WAL	B	0.28%
KMPR	A	0.28%
TXRH	B	0.28%
WBS	A	0.26%
OHI	B	0.26%
SWX	A	0.26%
CLH	C	0.26%
BWXT	A	0.26%
UAA	C	0.25%
WWD	B	0.25%
SLVM	C	0.25%
FIX	A	0.25%
CRS	A	0.25%
LITE	B	0.25%
Z	A	0.25%
GVA	A	0.25%
VMI	B	0.25%
PNFP	B	0.24%
VRT	A	0.24%
DY	C	0.24%
PLXS	B	0.24%
SAIA	C	0.24%
HEI	A	0.24%
FRT	B	0.23%
INCY	C	0.23%
CFR	B	0.23%
VLTO	C	0.23%
WTFC	B	0.23%
SPB	C	0.23%
AWI	B	0.23%
PB	A	0.23%
LOPE	B	0.23%
FNB	B	0.23%
DTM	A	0.23%
WH	B	0.23%
BKH	A	0.23%
ESI	B	0.22%
KRC	C	0.22%
SPOT	B	0.22%
CBT	C	0.22%
CWK	C	0.22%
CR	A	0.22%
DEI	B	0.22%
VIRT	A	0.22%
COOP	B	0.22%
MOG.A	B	0.22%
ZM	B	0.22%
GATX	B	0.22%
SEM	B	0.22%
HIW	D	0.21%
CRUS	F	0.21%
FDS	B	0.21%
PINC	B	0.21%
ELAN	D	0.21%
TPC	C	0.21%
RXO	C	0.21%
CBSH	A	0.21%
IDA	A	0.21%
BHE	B	0.21%
BYD	B	0.21%
PNM	B	0.2%
TTEK	F	0.2%
KEX	B	0.2%
SBH	B	0.2%
FHB	B	0.2%
EXEL	B	0.2%
TRN	A	0.2%
SCCO	F	0.2%
OZK	B	0.2%
MC	B	0.2%
ELS	B	0.2%
GBX	B	0.2%
UNIT	B	0.2%
JBLU	F	0.19%
TWLO	A	0.19%
SR	A	0.19%
BIO	C	0.19%
ATGE	B	0.19%
FCN	F	0.19%
EAT	A	0.19%
DASH	A	0.19%
NVST	C	0.19%
ADTN	A	0.19%
ENS	D	0.19%
ENVA	B	0.19%
CUZ	B	0.19%
AGNC	C	0.19%
OGS	A	0.19%
ACA	A	0.19%
SMG	C	0.19%
COLB	B	0.19%
MAT	D	0.19%
KNF	B	0.19%
HLI	B	0.19%
WMK	B	0.18%
WYNN	D	0.18%
NYT	D	0.18%
CUBE	C	0.18%
AMH	C	0.18%
HNI	B	0.18%
RPRX	F	0.18%
DBRG	F	0.18%
TPL	A	0.18%
TEX	D	0.18%
COLM	B	0.18%
SBRA	B	0.18%
GIII	D	0.18%
ACIW	B	0.18%
KMT	C	0.18%
URBN	C	0.18%
IMKTA	C	0.18%
BDC	B	0.17%
VNT	C	0.17%
HXL	F	0.17%
SSD	D	0.17%
LAUR	A	0.17%
VVV	D	0.17%
NOW	B	0.17%
PCH	D	0.17%
SUM	B	0.17%
PSMT	D	0.17%
WTM	A	0.17%
MTDR	C	0.17%
AMKR	F	0.17%
VSTS	F	0.17%
FUL	F	0.17%
PHIN	B	0.17%
NJR	A	0.17%
UNF	B	0.17%
SPR	D	0.17%
ESAB	C	0.17%
CSGP	F	0.17%
ASH	F	0.17%
SN	D	0.17%
EEFT	C	0.17%
LFUS	D	0.17%
SHOO	D	0.17%
PIPR	B	0.17%
RH	D	0.16%
EBS	C	0.16%
PLTR	A	0.16%
SKY	A	0.16%
COLD	F	0.16%
SIGI	B	0.16%
AVA	C	0.16%
VEEV	C	0.16%
OLLI	D	0.16%
APO	A	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%
AGO	A	0.16%
ENTG	F	0.16%
B	A	0.16%
PFSI	C	0.16%
CBRL	C	0.15%
DNOW	B	0.15%
CHDN	C	0.15%
AGR	A	0.15%
GMED	A	0.15%
FWRD	D	0.15%
ROL	B	0.15%
TNL	B	0.15%
ARES	A	0.15%
NOMD	D	0.15%
MOD	A	0.15%
APAM	B	0.15%
MTX	C	0.15%
LGIH	F	0.15%
SLG	B	0.15%
UVV	B	0.15%
MTCH	F	0.15%
WD	D	0.15%
PDCO	F	0.15%
KTB	A	0.15%
NNN	C	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%
SNDR	B	0.14%
APOG	B	0.14%
JAZZ	C	0.14%
BOH	B	0.14%
CDP	C	0.14%
TDC	D	0.14%
WTS	B	0.14%
KAR	A	0.14%
OMI	F	0.14%
APG	C	0.14%
TYL	B	0.14%
H	B	0.14%
MKTX	D	0.14%
SLGN	A	0.14%
MCY	B	0.14%
BXMT	C	0.14%
CNK	A	0.14%
CVLT	B	0.14%
SLAB	F	0.14%
AROC	A	0.14%
TPG	A	0.14%
CACC	F	0.14%
PPC	B	0.14%
YELP	C	0.14%
NEU	D	0.14%
CROX	F	0.14%
BCO	F	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%
DNB	B	0.13%
SCL	D	0.13%
IOSP	C	0.13%
RNR	C	0.13%
WEX	F	0.13%
HELE	C	0.13%
DORM	B	0.13%
FND	F	0.13%
HRB	D	0.13%
RGLD	C	0.13%
SMTC	C	0.13%
THS	F	0.13%
IGT	F	0.13%
DLB	F	0.13%
RLI	A	0.13%
UPBD	C	0.13%
EPR	D	0.13%
PLNT	A	0.13%
IDCC	B	0.13%
CABO	C	0.13%
FTI	A	0.13%
COKE	C	0.13%
DBX	C	0.13%
WEN	C	0.13%
ITRI	B	0.13%
PRIM	A	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%
IAC	D	0.12%
CHRD	F	0.12%
AXS	A	0.12%
HGV	C	0.12%
WTRG	B	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%
MSM	D	0.12%
LBRT	F	0.12%
TREX	D	0.12%
JWN	C	0.12%
LRN	A	0.12%
ITGR	B	0.12%
AIR	B	0.12%
RIG	D	0.12%
MWA	B	0.12%
FELE	B	0.12%
WWW	A	0.12%
WDAY	C	0.12%
BGC	C	0.12%
FR	C	0.11%
EPC	F	0.11%
TECH	F	0.11%
ENOV	C	0.11%
PSN	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%
PLUS	F	0.11%
MPWR	F	0.11%
AEIS	B	0.11%
CIVI	D	0.11%
SKT	A	0.11%
MORN	B	0.11%
HPP	F	0.11%
BOKF	B	0.11%
DIOD	F	0.11%
PECO	A	0.11%
CRL	D	0.11%
DDS	B	0.11%
MANH	D	0.11%
CBU	B	0.11%
FSS	B	0.11%
HLF	C	0.11%
BFAM	F	0.11%
PBH	A	0.11%
MMS	D	0.11%
BLD	F	0.11%
CHE	F	0.11%
FHI	B	0.11%
TNET	F	0.11%
IBOC	B	0.11%
MYRG	C	0.11%
IBKR	A	0.11%
NGVT	C	0.11%
AM	A	0.1%
BOOT	D	0.1%
ABR	B	0.1%
SIRI	D	0.1%
NHC	B	0.1%
GFF	B	0.1%
WSC	F	0.1%
ENR	B	0.1%
ACHC	F	0.1%
MGEE	A	0.1%
FIVE	F	0.1%
CORT	C	0.1%
HAE	C	0.1%
UE	A	0.1%
UCB	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%
PAYC	B	0.1%
AZZ	A	0.1%
KRG	A	0.1%
SAM	C	0.1%
SSB	B	0.1%
CHH	A	0.09%
LBRDK	C	0.09%
ALEX	B	0.09%
CNXN	D	0.09%
CSGS	B	0.09%
PDM	D	0.09%
ESE	B	0.09%
AAON	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%
RBC	A	0.09%
AIN	C	0.09%
STRA	C	0.09%
ROCK	D	0.09%
ICFI	F	0.09%
NPO	A	0.09%
IBTX	B	0.09%
FFIN	B	0.09%
MMSI	A	0.09%
MGRC	B	0.09%
PBI	B	0.09%
DXCM	C	0.09%
SCSC	B	0.09%
RHP	B	0.09%
OSIS	A	0.09%
TW	A	0.09%
OTTR	C	0.09%
IBP	F	0.09%
JACK	D	0.09%
VC	F	0.09%
BCPC	B	0.09%
SVC	F	0.09%
ROKU	D	0.09%
ORA	B	0.09%
BRKR	F	0.09%
MSA	D	0.09%
CNS	B	0.08%
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%
GOLF	B	0.08%
KFRC	D	0.08%
ATI	C	0.08%
ARI	C	0.08%
IRDM	F	0.08%
SAFT	B	0.08%
CSWI	A	0.08%
HL	C	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%
EGP	D	0.08%
PMT	D	0.08%
KOS	D	0.08%
BMRN	F	0.08%
SYNA	D	0.08%
LXP	D	0.08%
GO	C	0.08%
NWN	A	0.08%
LILAK	F	0.08%
CBZ	B	0.08%
PRK	B	0.08%
POWI	D	0.08%
OPCH	F	0.08%
KAI	B	0.08%
AZEK	B	0.08%
ALIT	C	0.08%
PJT	B	0.07%
CPK	A	0.07%
CNA	C	0.07%
KOP	C	0.07%
HHH	B	0.07%
BMI	C	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%
EXPO	D	0.07%
BSIG	A	0.07%
MRTN	C	0.07%
BRC	C	0.07%
HQY	A	0.07%
EYE	C	0.07%
GWRE	A	0.07%
OLED	F	0.07%
BLMN	F	0.07%
CRK	A	0.07%
ROG	D	0.07%
IART	C	0.07%
IRT	A	0.07%
OPEN	F	0.07%
SXI	B	0.07%
PR	B	0.07%
PTVE	B	0.07%
ADC	A	0.07%
REXR	F	0.07%
JJSF	C	0.07%
LYFT	C	0.07%
ZWS	B	0.07%
NSP	F	0.07%
BDN	C	0.07%
PLAB	D	0.07%
MRCY	C	0.07%
THRM	F	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%
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%
COTY	F	0.06%
AXL	C	0.06%
CTS	C	0.06%
SMPL	B	0.06%
EPAC	B	0.06%
GPRE	F	0.06%
AGX	B	0.06%
ENV	B	0.06%
CWST	A	0.06%
PRGS	B	0.06%
HCSG	C	0.06%
GTLS	A	0.06%
GES	F	0.06%
TOST	A	0.06%
NTGR	A	0.06%
ECVT	C	0.06%
WHD	B	0.06%
MMI	B	0.06%
EMBC	D	0.06%
TDOC	D	0.06%
BLKB	B	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%
REYN	D	0.06%
MEDP	D	0.06%
BSY	D	0.06%
WDFC	B	0.06%
FORM	F	0.06%
OEC	C	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%
ELME	D	0.06%
LGF.A	F	0.06%
CWH	C	0.06%
PLAY	D	0.06%
SCHL	F	0.06%
HALO	F	0.06%
BKD	F	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%
HAYW	B	0.05%
CODI	B	0.05%
CHCO	B	0.05%
KLIC	C	0.05%
VRRM	F	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%
ALK	A	0.05%
EPRT	A	0.05%
PODD	B	0.05%
SNBR	F	0.05%
BRBR	A	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%
MODG	F	0.05%
CNMD	C	0.05%
AMCX	C	0.05%
SENEA	A	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%
ENPH	F	0.04%
FBRT	C	0.04%
PUMP	D	0.04%
RDNT	B	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%
GTN	F	0.04%
RES	F	0.04%
EXAS	D	0.04%
SFBS	B	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%
ZI	D	0.04%
SNAP	D	0.04%
PRAA	C	0.04%
HLIO	C	0.04%
WING	D	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%
NEOG	D	0.04%
LKFN	B	0.04%
CRGY	A	0.04%
LTC	B	0.04%
AZTA	F	0.04%
CNXC	F	0.04%
GRBK	D	0.04%
FCPT	C	0.04%
COHU	D	0.04%
CMRE	B	0.03%
ASTH	F	0.03%
KNSL	B	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%
GDEN	B	0.03%
VIR	F	0.03%
EVTC	B	0.03%
CVGW	D	0.03%
HMST	D	0.03%
TKO	A	0.03%
AGM	B	0.03%
PRLB	C	0.03%
RGR	F	0.03%
ILPT	D	0.03%
PEGA	B	0.03%
SBLK	F	0.03%
MXL	C	0.03%
RMBS	C	0.03%
DT	C	0.03%
PRVA	C	0.03%
MP	C	0.03%
CTRE	C	0.03%
GLDD	B	0.03%
SSTK	F	0.03%
RKT	F	0.03%
RC	D	0.03%
AMC	D	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%
TRTX	B	0.03%
ACLS	F	0.03%
SNOW	C	0.03%
LYV	A	0.03%
NVRI	F	0.03%
ASTE	C	0.03%
VSEC	B	0.03%
PZZA	F	0.03%
BGS	F	0.03%
PLCE	C	0.02%
GTY	A	0.02%
CTRN	F	0.02%
CLDT	C	0.02%
NPK	C	0.02%
HASI	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%
DAY	B	0.02%
ARCO	F	0.02%
DHIL	A	0.02%
RUN	F	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%
EDR	A	0.02%
ALKS	C	0.02%
CLB	C	0.02%
HVT	D	0.02%
AVO	B	0.02%
MTW	C	0.02%
EBF	D	0.02%
MERC	F	0.02%
XPRO	F	0.02%
CALX	D	0.02%
ZEUS	C	0.02%
BANF	B	0.02%
SHYF	C	0.02%
UFCS	A	0.02%
UTL	C	0.02%
MATW	C	0.02%
BJRI	C	0.02%
STNE	F	0.02%
WMG	C	0.02%
EVRI	A	0.02%
DCO	B	0.02%
AHCO	D	0.02%
WOOF	D	0.02%
OKTA	D	0.02%
OCFC	B	0.02%
SFIX	B	0.02%
VTOL	B	0.01%
RILY	F	0.01%
SNEX	B	0.01%
LESL	C	0.01%
LGND	C	0.01%
GPRO	F	0.01%
MBUU	C	0.01%
PKST	F	0.01%
KE	C	0.01%
HLNE	A	0.01%
AVD	C	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%
CCRN	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%
USPH	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%
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%
TBBK	B	0.0%
NR	C	0.0%
CRVL	A	0.0%

FNDA Underweight 67 Positions Relative to SVAL

Symbol	Grade	Weight
LC	B	-0.81%
ARIS	B	-0.8%
MLI	B	-0.78%
QCRH	B	-0.61%
UVSP	B	-0.58%
CCB	A	-0.56%
SEI	A	-0.56%
HBNC	B	-0.56%
CTBI	B	-0.56%
LOB	C	-0.55%
GABC	B	-0.55%
KBH	D	-0.55%
TMHC	B	-0.54%
DCOM	A	-0.54%
STGW	B	-0.52%
BY	B	-0.52%
REZI	A	-0.52%
CNO	B	-0.52%
FMBH	B	-0.51%
JAKK	C	-0.5%
TPH	D	-0.5%
UNFI	B	-0.49%
THFF	B	-0.48%
MTH	D	-0.48%
SPNT	A	-0.47%
MCS	B	-0.47%
MBIN	F	-0.47%
STEL	B	-0.46%
PGC	A	-0.46%
NFBK	B	-0.46%
FFIC	B	-0.44%
CVLG	B	-0.44%
BCC	C	-0.44%
OSBC	B	-0.44%
BANC	B	-0.43%
UFPI	C	-0.42%
ACT	D	-0.41%
HTBK	B	-0.41%
HUBG	A	-0.41%
WKC	D	-0.4%
OBK	B	-0.39%
EGY	F	-0.39%
METC	C	-0.37%
ABG	B	-0.37%
FOR	F	-0.36%
SM	C	-0.36%
REPX	A	-0.35%
WERN	B	-0.34%
ARCH	B	-0.31%
RMR	F	-0.3%
HNRG	B	-0.3%
SPTN	F	-0.27%
HPK	C	-0.27%
REI	F	-0.26%
MUR	F	-0.24%
WS	B	-0.23%
DK	D	-0.22%
TH	C	-0.19%
CMT	F	-0.19%
ODP	F	-0.18%
DAN	F	-0.18%
XRX	F	-0.17%
HDSN	F	-0.15%
CVGI	F	-0.11%
BOOM	F	-0.11%
DTC	F	-0.07%
TRST	B	-0.0%