FNDA vs. VB ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Vanguard Small-Cap ETF (VB)

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

$59.04

Average Daily Volume

254,347

Number of Holdings ^*

995

* may have additional holdings in another (foreign) market

VB

Vanguard Small-Cap ETF

VB Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$235.45

Average Daily Volume

638,086

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	VB
30 Days	0.36%	0.89%
60 Days	4.81%	6.53%
90 Days	8.07%	8.23%
12 Months	24.86%	27.75%

212 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in VB	Overlap
AAL	D	0.04%	0.12%	0.04%
AAON	B	0.07%	0.11%	0.07%
ACA	C	0.18%	0.07%	0.07%
ACHC	F	0.16%	0.12%	0.12%
ACIW	A	0.17%	0.09%	0.09%
ADC	B	0.07%	0.12%	0.07%
AGNC	C	0.22%	0.12%	0.12%
AIT	A	0.24%	0.13%	0.13%
ALK	B	0.04%	0.08%	0.04%
ALKS	C	0.02%	0.08%	0.02%
AM	A	0.1%	0.08%	0.08%
AMH	D	0.19%	0.21%	0.19%
ANF	D	0.36%	0.13%	0.13%
APG	F	0.13%	0.15%	0.13%
APP	B	0.14%	0.3%	0.14%
ATI	B	0.09%	0.13%	0.09%
AVNT	B	0.23%	0.08%	0.08%
AWI	A	0.2%	0.09%	0.09%
AXS	A	0.11%	0.1%	0.1%
AZEK	B	0.09%	0.1%	0.09%
BCO	A	0.18%	0.08%	0.08%
BCPC	C	0.1%	0.1%	0.1%
BFAM	C	0.15%	0.14%	0.14%
BIO	B	0.18%	0.11%	0.11%
BLD	C	0.13%	0.21%	0.13%
BMI	A	0.07%	0.1%	0.07%
BRBR	B	0.04%	0.12%	0.04%
BRKR	D	0.13%	0.12%	0.12%
BWXT	A	0.23%	0.16%	0.16%
CADE	D	0.19%	0.1%	0.1%
CBSH	D	0.18%	0.12%	0.12%
CBT	B	0.23%	0.1%	0.1%
CFR	D	0.19%	0.11%	0.11%
CGNX	F	0.15%	0.12%	0.12%
CHDN	D	0.15%	0.15%	0.15%
CHE	B	0.12%	0.15%	0.12%
CHRD	F	0.12%	0.15%	0.12%
CHX	F	0.12%	0.1%	0.1%
CIVI	F	0.11%	0.1%	0.1%
CLH	C	0.26%	0.2%	0.2%
CNM	F	0.13%	0.15%	0.13%
COKE	B	0.15%	0.11%	0.11%
COLB	C	0.17%	0.09%	0.09%
COLD	D	0.21%	0.14%	0.14%
COOP	C	0.21%	0.1%	0.1%
CR	C	0.21%	0.13%	0.13%
CRL	F	0.12%	0.17%	0.12%
CROX	C	0.21%	0.14%	0.14%
CRS	B	0.24%	0.11%	0.11%
CRUS	D	0.26%	0.13%	0.13%
CSWI	B	0.07%	0.09%	0.07%
CUBE	C	0.2%	0.2%	0.2%
CVLT	C	0.13%	0.11%	0.11%
CWST	D	0.05%	0.1%	0.05%
DAY	C	0.01%	0.14%	0.01%
DBX	C	0.13%	0.1%	0.1%
DT	C	0.03%	0.24%	0.03%
DTM	A	0.19%	0.13%	0.13%
DY	C	0.26%	0.08%	0.08%
EEFT	F	0.18%	0.08%	0.08%
EGP	D	0.09%	0.15%	0.09%
ELAN	D	0.22%	0.13%	0.13%
ELS	D	0.21%	0.2%	0.2%
ENSG	D	0.14%	0.14%	0.14%
ENTG	D	0.19%	0.29%	0.19%
EPRT	C	0.05%	0.09%	0.05%
ERIE	A	0.09%	0.22%	0.09%
ESAB	C	0.15%	0.1%	0.1%
ESI	B	0.21%	0.1%	0.1%
ESNT	C	0.18%	0.11%	0.11%
ETSY	F	0.13%	0.11%	0.11%
EXAS	C	0.05%	0.19%	0.05%
EXEL	C	0.15%	0.12%	0.12%
EXLS	B	0.12%	0.09%	0.09%
EXPO	B	0.08%	0.09%	0.08%
FCN	B	0.22%	0.14%	0.14%
FFIN	D	0.08%	0.07%	0.07%
FIX	B	0.23%	0.21%	0.21%
FLS	B	0.27%	0.11%	0.11%
FN	C	0.11%	0.15%	0.11%
FNB	D	0.2%	0.09%	0.09%
FND	B	0.16%	0.19%	0.16%
FR	C	0.12%	0.13%	0.12%
FRT	B	0.23%	0.16%	0.16%
FSS	B	0.12%	0.1%	0.1%
FTI	B	0.12%	0.18%	0.12%
FUL	F	0.19%	0.08%	0.08%
GATX	D	0.2%	0.08%	0.08%
GBCI	D	0.14%	0.09%	0.09%
GME	D	0.27%	0.12%	0.12%
GMED	D	0.13%	0.14%	0.13%
GTLS	F	0.04%	0.09%	0.04%
GWRE	A	0.06%	0.21%	0.06%
H	C	0.14%	0.11%	0.11%
HALO	D	0.07%	0.14%	0.07%
HLI	B	0.17%	0.14%	0.14%
HLNE	A	0.01%	0.1%	0.01%
HOMB	D	0.09%	0.08%	0.08%
HQY	B	0.06%	0.12%	0.06%
HRB	C	0.14%	0.15%	0.14%
HWC	D	0.18%	0.08%	0.08%
HXL	F	0.18%	0.09%	0.09%
IBP	C	0.12%	0.09%	0.09%
IDA	B	0.2%	0.09%	0.09%
IRT	C	0.07%	0.08%	0.07%
ITRI	C	0.13%	0.08%	0.08%
JAZZ	F	0.13%	0.12%	0.12%
KEX	C	0.2%	0.12%	0.12%
KNF	C	0.19%	0.07%	0.07%
KNSL	D	0.03%	0.18%	0.03%
KRG	C	0.1%	0.1%	0.1%
LBRDK	C	0.08%	0.12%	0.08%
LFUS	C	0.19%	0.11%	0.11%
LNW	F	0.17%	0.17%	0.17%
LSCC	D	0.05%	0.11%	0.05%
MANH	C	0.12%	0.27%	0.12%
MASI	C	0.14%	0.1%	0.1%
MAT	C	0.2%	0.11%	0.11%
MATX	B	0.04%	0.08%	0.04%
MC	C	0.19%	0.08%	0.08%
MEDP	F	0.06%	0.15%	0.06%
MGY	C	0.08%	0.07%	0.07%
MKTX	C	0.14%	0.15%	0.14%
MMS	A	0.13%	0.09%	0.09%
MMSI	C	0.09%	0.09%	0.09%
MOD	C	0.17%	0.1%	0.1%
MOG.A	B	0.21%	0.1%	0.1%
MORN	C	0.1%	0.15%	0.1%
MSA	D	0.1%	0.11%	0.1%
MTCH	C	0.19%	0.17%	0.17%
MTDR	F	0.15%	0.11%	0.11%
NBIX	F	0.06%	0.21%	0.06%
NJR	C	0.18%	0.08%	0.08%
NNN	A	0.18%	0.14%	0.14%
NOVT	D	0.05%	0.11%	0.05%
NYT	B	0.19%	0.14%	0.14%
OHI	C	0.27%	0.16%	0.16%
OLED	C	0.09%	0.15%	0.09%
OLLI	C	0.17%	0.09%	0.09%
ONB	D	0.15%	0.11%	0.11%
ONTO	C	0.09%	0.18%	0.09%
OPCH	D	0.12%	0.09%	0.09%
OZK	F	0.18%	0.08%	0.08%
PAYC	D	0.08%	0.13%	0.08%
PB	D	0.2%	0.11%	0.11%
PECO	C	0.11%	0.08%	0.08%
PEN	D	0.03%	0.12%	0.03%
PIPR	C	0.15%	0.08%	0.08%
PLNT	C	0.11%	0.12%	0.11%
PNFP	D	0.19%	0.12%	0.12%
PODD	C	0.05%	0.12%	0.05%
PR	F	0.06%	0.14%	0.06%
PSN	A	0.11%	0.08%	0.08%
PSTG	F	0.05%	0.27%	0.05%
PTC	D	0.12%	0.34%	0.12%
QLYS	F	0.06%	0.07%	0.06%
RBC	B	0.09%	0.15%	0.09%
RDN	D	0.25%	0.09%	0.09%
REXR	D	0.09%	0.17%	0.09%
RGEN	F	0.04%	0.13%	0.04%
RGLD	C	0.14%	0.15%	0.14%
RHP	C	0.09%	0.1%	0.09%
RLI	A	0.12%	0.11%	0.11%
RMBS	F	0.02%	0.08%	0.02%
RNR	A	0.14%	0.23%	0.14%
ROKU	D	0.1%	0.14%	0.1%
RRC	D	0.13%	0.12%	0.12%
RYN	C	0.15%	0.08%	0.08%
SAIA	D	0.2%	0.17%	0.17%
SF	A	0.26%	0.14%	0.14%
SIGI	D	0.15%	0.09%	0.09%
SITE	D	0.17%	0.11%	0.11%
SKY	A	0.16%	0.08%	0.08%
SLG	C	0.15%	0.07%	0.07%
SPSC	D	0.04%	0.12%	0.04%
SRCL	B	0.19%	0.09%	0.09%
SSB	C	0.1%	0.12%	0.1%
SSD	C	0.18%	0.13%	0.13%
STAG	D	0.12%	0.12%	0.12%
SUM	D	0.14%	0.08%	0.08%
SWX	C	0.26%	0.08%	0.08%
TECH	B	0.12%	0.2%	0.12%
TKO	C	0.03%	0.14%	0.03%
TOST	B	0.04%	0.17%	0.04%
TPL	B	0.12%	0.13%	0.12%
TREX	D	0.12%	0.12%	0.12%
TRNO	D	0.05%	0.11%	0.05%
TTEK	B	0.23%	0.21%	0.21%
TWLO	C	0.13%	0.16%	0.13%
TXRH	B	0.26%	0.19%	0.19%
UBSI	D	0.17%	0.09%	0.09%
UTHR	B	0.31%	0.27%	0.27%
VMI	B	0.22%	0.1%	0.1%
VNT	F	0.15%	0.09%	0.09%
VVV	D	0.17%	0.09%	0.09%
WAL	C	0.27%	0.14%	0.14%
WBS	D	0.21%	0.14%	0.14%
WEX	C	0.15%	0.13%	0.13%
WFRD	F	0.04%	0.13%	0.04%
WH	C	0.2%	0.11%	0.11%
WING	B	0.05%	0.19%	0.05%
WMS	D	0.16%	0.2%	0.16%
WSC	D	0.11%	0.12%	0.11%
WTFC	C	0.19%	0.12%	0.12%
WTM	D	0.15%	0.08%	0.08%
WTRG	D	0.12%	0.16%	0.12%
WTS	B	0.14%	0.09%	0.09%
WWD	B	0.25%	0.17%	0.17%
WYNN	B	0.19%	0.12%	0.12%
XPO	F	0.23%	0.21%	0.21%
Z	C	0.23%	0.11%	0.11%
ZWS	A	0.07%	0.08%	0.07%

FNDA Overweight 783 Positions Relative to VB

Symbol	Grade	Weight
SATS	C	0.5%
RCL	C	0.35%
FICO	C	0.31%
MHO	A	0.29%
MAC	B	0.27%
HCC	D	0.27%
UAL	B	0.27%
SLVM	C	0.26%
PRG	C	0.26%
BKU	D	0.26%
SIG	C	0.25%
KMPR	D	0.25%
VLTO	C	0.25%
SPB	B	0.24%
HEI	C	0.24%
BKH	B	0.24%
COIN	F	0.24%
SCCO	B	0.24%
UNIT	C	0.23%
CCS	C	0.23%
SMG	B	0.23%
UAA	B	0.23%
DEI	A	0.22%
SEM	D	0.22%
RXO	D	0.22%
CWK	C	0.22%
HIW	C	0.22%
PLXS	B	0.22%
KRC	C	0.22%
ENS	C	0.21%
BHE	C	0.21%
GEO	F	0.21%
AMKR	F	0.21%
KFY	C	0.21%
GHC	B	0.21%
HRI	B	0.21%
GVA	B	0.21%
DBRG	D	0.21%
VSCO	C	0.21%
SR	A	0.2%
STC	C	0.2%
INCY	B	0.2%
SBH	B	0.2%
BYD	C	0.2%
FDS	C	0.2%
OGS	A	0.2%
PATK	B	0.2%
GMS	D	0.2%
SHOO	A	0.2%
VIRT	C	0.2%
ASH	F	0.2%
VRT	B	0.2%
TPC	B	0.2%
LCII	B	0.2%
LOPE	D	0.2%
FDP	B	0.2%
RPRX	B	0.2%
URBN	F	0.19%
PINC	F	0.19%
SN	B	0.19%
PCH	C	0.19%
JELD	D	0.19%
TEX	F	0.19%
VSTS	D	0.19%
ARCB	D	0.19%
SKYW	B	0.19%
TRN	C	0.19%
CUZ	C	0.19%
OMI	F	0.19%
SBRA	C	0.19%
ADTN	C	0.19%
NVST	D	0.19%
PFSI	C	0.19%
PNM	B	0.19%
LITE	C	0.19%
IMKTA	F	0.19%
SPR	D	0.19%
ZM	B	0.19%
LGIH	C	0.18%
ASB	F	0.18%
CSGP	F	0.18%
TTMI	D	0.18%
NWE	A	0.18%
PSMT	B	0.18%
VLY	C	0.18%
NOMD	D	0.18%
PDCO	F	0.18%
MPWR	C	0.18%
COLM	B	0.18%
GIII	C	0.18%
TROX	D	0.17%
BDC	B	0.17%
WD	C	0.17%
APLE	D	0.17%
AVA	B	0.17%
WMK	D	0.17%
SVC	F	0.17%
THS	C	0.17%
RH	C	0.17%
CRC	B	0.17%
WGO	D	0.17%
FHB	D	0.17%
ALE	A	0.17%
ATGE	C	0.17%
CXW	F	0.17%
UNF	B	0.17%
CALM	A	0.17%
JBLU	B	0.17%
KMT	C	0.17%
HNI	B	0.17%
SPOT	B	0.17%
HP	F	0.17%
BXMT	C	0.16%
FSLR	C	0.16%
LZB	C	0.16%
LAUR	C	0.16%
SCS	D	0.16%
PHIN	D	0.16%
UVV	C	0.16%
DASH	B	0.16%
GBX	C	0.16%
DHC	B	0.16%
SMCI	F	0.16%
ENVA	C	0.16%
SLAB	D	0.16%
OUT	C	0.16%
MTX	D	0.15%
SFNC	C	0.15%
TDC	D	0.15%
MLKN	F	0.15%
IGT	F	0.15%
AGO	D	0.15%
CNX	A	0.15%
NOW	C	0.15%
UMBF	C	0.15%
PTEN	F	0.15%
CACC	F	0.15%
EPR	C	0.15%
NEU	F	0.15%
HE	F	0.15%
VEEV	C	0.15%
FWRD	D	0.15%
WAFD	D	0.15%
SXT	C	0.15%
AGR	C	0.15%
GEF	C	0.15%
ROL	B	0.15%
TYL	C	0.14%
SAH	D	0.14%
PLUS	C	0.14%
LBRT	F	0.14%
SLGN	A	0.14%
DLB	D	0.14%
CVCO	A	0.14%
IAC	C	0.14%
YELP	F	0.14%
APAM	C	0.14%
AMR	F	0.14%
ZD	D	0.14%
ICUI	B	0.14%
JBGS	C	0.14%
COMM	C	0.14%
NMRK	B	0.14%
GTES	C	0.14%
CATY	D	0.14%
KTB	B	0.14%
B	D	0.14%
CBRL	D	0.14%
ARES	B	0.14%
VSTO	D	0.13%
CNK	C	0.13%
FELE	B	0.13%
VRSN	C	0.13%
EAT	A	0.13%
MSM	D	0.13%
APO	A	0.13%
AROC	C	0.13%
PPC	A	0.13%
TPG	C	0.13%
LILAK	D	0.13%
ANDE	D	0.13%
EBS	D	0.13%
SMTC	C	0.13%
DIOD	F	0.13%
SNDR	C	0.13%
CEIX	B	0.13%
AMN	F	0.13%
AMED	D	0.13%
WEN	C	0.13%
SCL	D	0.13%
AMWD	C	0.13%
DNOW	F	0.13%
HPP	F	0.13%
TNL	B	0.13%
WDAY	D	0.12%
BOH	F	0.12%
BGC	B	0.12%
TNET	F	0.12%
CABO	F	0.12%
ECPG	F	0.12%
ITGR	C	0.12%
DRH	D	0.12%
APOG	B	0.12%
DNB	D	0.12%
ABCB	C	0.12%
TCBI	C	0.12%
KAR	D	0.12%
IOSP	F	0.12%
FULT	D	0.12%
HELE	D	0.12%
AIR	D	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%
VGR	C	0.11%
NGVT	D	0.11%
DDS	D	0.11%
FIBK	D	0.11%
IDCC	A	0.11%
LRN	C	0.11%
FIVE	D	0.11%
HGV	F	0.11%
SHO	D	0.11%
CPNG	C	0.11%
HOPE	D	0.11%
DORM	C	0.11%
MWA	B	0.11%
RYI	F	0.11%
HLF	F	0.11%
XHR	C	0.11%
HTH	D	0.11%
EPC	F	0.11%
COMP	C	0.11%
VSH	F	0.11%
ESRT	C	0.1%
NHI	C	0.1%
CBU	D	0.1%
IBOC	D	0.1%
NHC	D	0.1%
HL	C	0.1%
NTCT	C	0.1%
HEES	D	0.1%
ICFI	C	0.1%
KALU	D	0.1%
AIN	D	0.1%
PBH	D	0.1%
PINS	D	0.1%
VIAV	C	0.1%
PLTR	C	0.1%
FFBC	D	0.1%
PPBI	D	0.1%
LANC	F	0.1%
VC	F	0.1%
CWEN	A	0.1%
BANR	C	0.1%
WWW	B	0.1%
JBT	B	0.1%
BOKF	D	0.1%
FHI	C	0.1%
ABR	B	0.1%
AZZ	C	0.1%
AEIS	D	0.1%
SKT	A	0.1%
ENOV	F	0.1%
WOR	F	0.09%
DXCM	F	0.09%
RRR	D	0.09%
EIG	B	0.09%
CDE	C	0.09%
WSFS	D	0.09%
AX	D	0.09%
HTLF	C	0.09%
GNL	D	0.09%
STRL	C	0.09%
POWI	F	0.09%
PRIM	C	0.09%
SYNA	F	0.09%
ALEX	D	0.09%
BLMN	F	0.09%
MGEE	A	0.09%
STRA	F	0.09%
SASR	C	0.09%
WSBC	D	0.09%
DOLE	C	0.09%
TW	A	0.09%
UCTT	D	0.09%
ROCK	D	0.09%
HAE	D	0.09%
BMRN	F	0.09%
GFF	B	0.09%
SCSC	D	0.09%
OSIS	B	0.09%
PFS	D	0.09%
CENTA	F	0.09%
PMT	B	0.09%
UCBI	C	0.09%
KELYA	D	0.09%
HI	F	0.09%
NPO	C	0.09%
CVBF	D	0.09%
IBKR	A	0.09%
LXP	D	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	B	0.09%
ENR	B	0.09%
ORA	B	0.09%
SAM	D	0.09%
BKE	C	0.09%
TALO	F	0.08%
NSA	C	0.08%
KN	D	0.08%
HWKN	A	0.08%
NWBI	D	0.08%
ROG	D	0.08%
NMIH	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	C	0.08%
FTDR	C	0.08%
FRME	D	0.08%
WNC	F	0.08%
ALIT	D	0.08%
TOWN	D	0.08%
AMRK	B	0.08%
CCOI	B	0.08%
CHH	C	0.08%
KOS	F	0.08%
RAMP	F	0.08%
MYRG	F	0.08%
BKD	D	0.08%
AKR	B	0.08%
ESE	B	0.08%
THRM	F	0.08%
SCHL	D	0.08%
PEB	D	0.08%
YETI	D	0.08%
CWT	D	0.08%
CORT	B	0.08%
IBTX	D	0.08%
GO	F	0.08%
KFRC	F	0.08%
KLG	D	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	B	0.08%
NNI	C	0.07%
CWH	C	0.07%
HHH	B	0.07%
FOXF	F	0.07%
AAT	C	0.07%
LGF.A	F	0.07%
CAL	F	0.07%
CARG	C	0.07%
BNL	B	0.07%
NBTB	D	0.07%
NX	F	0.07%
CPK	B	0.07%
SNBR	C	0.07%
GCI	C	0.07%
KOP	F	0.07%
MRCY	C	0.07%
CNA	D	0.07%
TNC	F	0.07%
SABR	C	0.07%
PTVE	D	0.07%
ENPH	D	0.07%
DFIN	D	0.07%
OXM	F	0.07%
REYN	C	0.07%
GPRE	F	0.07%
BRC	C	0.07%
GES	F	0.07%
TTD	C	0.07%
EXPI	C	0.07%
SEB	D	0.07%
EYE	F	0.07%
ROIC	B	0.07%
ALG	D	0.07%
MRTN	D	0.07%
COTY	F	0.07%
REVG	D	0.07%
OMCL	C	0.07%
HLX	D	0.07%
CVI	F	0.07%
FORM	F	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%
KAI	C	0.07%
JJSF	A	0.07%
GOLF	F	0.07%
BDN	A	0.07%
MTRN	F	0.07%
DEA	D	0.06%
GRBK	B	0.06%
PLAY	D	0.06%
SONO	D	0.06%
HURN	C	0.06%
ESGR	D	0.06%
VBTX	C	0.06%
ALGT	D	0.06%
PJT	C	0.06%
KTOS	A	0.06%
CUBI	F	0.06%
EMBC	D	0.06%
WDFC	C	0.06%
FBP	D	0.06%
TDOC	D	0.06%
ADUS	C	0.06%
PRGS	B	0.06%
AXL	F	0.06%
MMI	C	0.06%
ENV	C	0.06%
CSTM	D	0.06%
CRK	C	0.06%
CASH	D	0.06%
GFS	F	0.06%
CNMD	D	0.06%
VRRM	D	0.06%
BUSE	D	0.06%
BSIG	C	0.06%
ROAD	C	0.06%
CNXC	F	0.06%
MD	B	0.06%
MELI	C	0.06%
BLKB	C	0.06%
EBC	D	0.06%
TRS	D	0.06%
AUB	D	0.06%
FCF	D	0.06%
CAKE	B	0.06%
AWR	B	0.06%
PGRE	D	0.06%
TRIP	F	0.06%
STBA	D	0.06%
KWR	D	0.06%
HMN	C	0.06%
OEC	F	0.06%
DLX	F	0.06%
W	D	0.06%
SXI	B	0.06%
BSY	D	0.06%
FBNC	D	0.05%
CNDT	B	0.05%
ATSG	C	0.05%
INSW	C	0.05%
MYGN	D	0.05%
MRC	D	0.05%
COHU	F	0.05%
SUPN	D	0.05%
MATV	D	0.05%
CODI	D	0.05%
ACLS	F	0.05%
NTB	D	0.05%
HAYW	B	0.05%
KLIC	D	0.05%
LIVN	D	0.05%
AMCX	F	0.05%
HTLD	F	0.05%
FCPT	C	0.05%
AY	B	0.05%
PTON	D	0.05%
NTGR	C	0.05%
PRFT	A	0.05%
TSE	C	0.05%
NEOG	D	0.05%
SJW	D	0.05%
EPAC	C	0.05%
ICHR	F	0.05%
CMCO	D	0.05%
CCO	D	0.05%
JBSS	F	0.05%
NVRI	D	0.05%
CTS	D	0.05%
ECVT	F	0.05%
SGH	F	0.05%
HZO	C	0.05%
LYFT	D	0.05%
AZTA	F	0.05%
SMPL	D	0.05%
BGS	D	0.05%
CHEF	B	0.05%
EFSC	D	0.05%
WHD	B	0.05%
HCSG	D	0.05%
HAIN	C	0.05%
BV	B	0.05%
IART	F	0.05%
TILE	B	0.05%
SSTK	F	0.04%
ASTH	B	0.04%
CRGY	D	0.04%
VAL	F	0.04%
SXC	F	0.04%
CMTG	F	0.04%
OFG	D	0.04%
IPAR	D	0.04%
NBR	F	0.04%
PUMP	F	0.04%
VCTR	C	0.04%
ASIX	B	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%
NVEE	F	0.04%
AAN	D	0.04%
ILPT	D	0.04%
AGX	B	0.04%
SCVL	C	0.04%
HLIO	C	0.04%
INVA	B	0.04%
RNST	D	0.04%
DHT	B	0.04%
PRAA	F	0.04%
VRTS	F	0.04%
ZI	D	0.04%
STNG	D	0.04%
GLNG	A	0.04%
CMPR	F	0.04%
SFL	D	0.04%
LEVI	B	0.04%
LNN	B	0.04%
SNAP	D	0.04%
LTC	C	0.04%
AGRO	B	0.04%
RES	D	0.04%
PARR	F	0.04%
RDUS	D	0.04%
ACCO	C	0.04%
RKT	B	0.04%
SGRY	C	0.04%
CHCO	D	0.04%
BZH	B	0.04%
GTN	D	0.04%
LPG	F	0.04%
SBCF	D	0.03%
MTUS	F	0.03%
AGM	F	0.03%
PRVA	F	0.03%
WTTR	D	0.03%
USNA	F	0.03%
CNNE	F	0.03%
WRLD	D	0.03%
TBI	F	0.03%
HVT	F	0.03%
DAC	B	0.03%
AHCO	B	0.03%
GLDD	B	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	C	0.03%
ETD	B	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%
ASTE	F	0.03%
SNOW	F	0.03%
MXL	F	0.03%
RWT	C	0.03%
MP	C	0.03%
CTRE	B	0.03%
AMC	F	0.03%
RUN	D	0.03%
PAGS	F	0.03%
USM	C	0.03%
ZIMV	F	0.03%
DXPE	B	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%
SFBS	D	0.03%
MNRO	C	0.03%
VRNT	F	0.03%
THRY	F	0.03%
EAF	D	0.03%
SENEA	C	0.03%
CPS	F	0.03%
ALRM	F	0.03%
UIS	D	0.03%
RC	F	0.03%
GCO	F	0.03%
NUS	F	0.03%
SBLK	B	0.03%
RGP	F	0.02%
CLDT	D	0.02%
NPK	F	0.02%
CLOV	C	0.02%
IRBT	F	0.02%
AMBC	F	0.02%
GTY	B	0.02%
RYAM	B	0.02%
BRSP	D	0.02%
FIZZ	C	0.02%
PLOW	C	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	D	0.02%
HFWA	D	0.02%
WOLF	F	0.02%
WASH	D	0.02%
CSV	C	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	C	0.02%
MTW	F	0.02%
CSR	D	0.02%
TCBK	D	0.02%
SHYF	D	0.02%
BJRI	D	0.02%
ALTO	D	0.02%
HASI	C	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	C	0.02%
MATW	F	0.02%
OCFC	C	0.02%
HSII	B	0.02%
BBSI	A	0.02%
DCO	B	0.02%
ZEUS	F	0.02%
UTL	C	0.02%
SBSI	D	0.02%
KREF	C	0.02%
MERC	D	0.02%
SHEN	F	0.02%
EVRI	B	0.02%
TEN	D	0.02%
OKTA	F	0.02%
EBF	B	0.02%
CRAI	B	0.02%
PEGA	C	0.02%
VIR	F	0.02%
AVNS	C	0.02%
DBI	F	0.02%
VSEC	D	0.02%
TNK	D	0.02%
VTOL	D	0.01%
LGND	D	0.01%
HOV	C	0.01%
IIPR	C	0.01%
MBUU	D	0.01%
AMRC	B	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	D	0.01%
PETS	D	0.01%
CMTL	D	0.01%
PKST	D	0.01%
MODV	F	0.01%
BMBL	F	0.01%
NU	D	0.01%
PRM	B	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	F	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%
ATNI	C	0.01%
KRNY	D	0.01%
FLWS	F	0.01%
CHGG	F	0.0%
PCRX	F	0.0%
SEG	D	0.0%
WTI	D	0.0%
ALGM	F	0.0%
AMPH	C	0.0%
GIC	D	0.0%
CRNC	F	0.0%
TWI	D	0.0%
HY	F	0.0%
GSM	D	0.0%
MSBI	D	0.0%
TTEC	D	0.0%
DNUT	D	0.0%
PEBO	D	0.0%
INMD	F	0.0%
HAYN	B	0.0%
MGPI	D	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	D	0.0%
FBK	D	0.0%
REX	D	0.0%
CRVL	C	0.0%
TBBK	C	0.0%
NR	F	0.0%
NBHC	D	0.0%
SNEX	C	0.0%
IIIN	F	0.0%
BHLB	D	0.0%

FNDA Underweight 274 Positions Relative to VB

Symbol	Grade	Weight
TRGP	C	-0.55%
AXON	A	-0.44%
DECK	C	-0.41%
SW	B	-0.41%
FCNCA	D	-0.37%
BLDR	B	-0.36%
CSL	A	-0.34%
BAH	A	-0.34%
ATO	A	-0.33%
LII	C	-0.32%
EME	C	-0.31%
NRG	A	-0.3%
WSM	C	-0.29%
RS	D	-0.28%
WSO	B	-0.28%
RBA	D	-0.27%
CVNA	A	-0.27%
THC	C	-0.27%
NTNX	D	-0.26%
IEX	D	-0.26%
KIM	C	-0.26%
OC	B	-0.25%
PNR	A	-0.25%
RPM	C	-0.25%
TOL	A	-0.25%
DKNG	D	-0.25%
GGG	B	-0.24%
BG	D	-0.24%
RGA	C	-0.24%
USFD	C	-0.24%
UHS	D	-0.23%
ACM	B	-0.23%
NTRA	B	-0.23%
EQH	C	-0.23%
HOOD	C	-0.22%
DKS	D	-0.22%
NDSN	B	-0.22%
KMX	D	-0.22%
CPT	C	-0.22%
CASY	D	-0.22%
GLPI	B	-0.22%
REG	B	-0.22%
IPG	C	-0.21%
INSM	D	-0.21%
JBL	D	-0.21%
JKHY	A	-0.21%
JNPR	C	-0.21%
EWBC	D	-0.2%
ALLY	F	-0.2%
COHR	B	-0.2%
FFIV	C	-0.2%
BRO	A	-0.2%
EMN	B	-0.2%
CW	A	-0.2%
ALLE	A	-0.2%
JLL	B	-0.2%
DOCU	B	-0.2%
SRPT	F	-0.2%
QRVO	F	-0.19%
HII	D	-0.19%
RIVN	F	-0.19%
RRX	C	-0.19%
NVT	D	-0.19%
OVV	F	-0.19%
ITT	B	-0.19%
CHRW	A	-0.19%
TFX	B	-0.19%
PFGC	B	-0.19%
MSTR	C	-0.18%
SFM	A	-0.18%
CTLT	B	-0.18%
APA	F	-0.18%
BJ	D	-0.18%
BXP	C	-0.18%
LDOS	A	-0.18%
HUBB	A	-0.18%
SCI	C	-0.18%
CACI	A	-0.18%
CCK	A	-0.18%
LECO	F	-0.18%
LAMR	C	-0.18%
AFRM	C	-0.17%
PNW	A	-0.17%
EQT	C	-0.17%
AOS	B	-0.17%
ATR	A	-0.17%
AIZ	A	-0.17%
CHK	C	-0.16%
KBR	D	-0.16%
EHC	B	-0.16%
CG	C	-0.16%
TPR	B	-0.16%
GNRC	B	-0.16%
AFG	B	-0.16%
TAP	D	-0.16%
ARMK	B	-0.16%
TTC	D	-0.16%
MUSA	D	-0.16%
GL	C	-0.16%
EXP	C	-0.15%
DCI	B	-0.15%
ORI	A	-0.15%
INGR	A	-0.15%
OWL	B	-0.15%
SOLV	D	-0.15%
JEF	B	-0.15%
STLD	C	-0.15%
UNM	A	-0.15%
HAS	A	-0.15%
HSIC	C	-0.15%
PRI	A	-0.15%
SKX	C	-0.15%
FHN	D	-0.15%
MOS	F	-0.15%
GPK	B	-0.15%
FMC	B	-0.14%
ALSN	A	-0.14%
BRX	B	-0.14%
LAD	B	-0.14%
CIEN	B	-0.14%
WCC	C	-0.14%
MHK	B	-0.14%
EVR	C	-0.14%
FLR	D	-0.14%
TPX	B	-0.14%
DUOL	B	-0.13%
BERY	C	-0.13%
MIDD	D	-0.13%
CMA	C	-0.13%
SOFI	C	-0.13%
X	F	-0.13%
NCLH	C	-0.13%
CZR	C	-0.13%
BWA	C	-0.13%
DOC	B	-0.13%
AYI	A	-0.13%
MLI	B	-0.13%
PCVX	B	-0.13%
OGE	A	-0.13%
ELF	F	-0.13%
AR	C	-0.13%
SNX	C	-0.13%
SEIC	B	-0.13%
MKSI	F	-0.13%
IOT	C	-0.13%
DINO	F	-0.13%
KNX	C	-0.13%
AXTA	C	-0.13%
BBWI	F	-0.12%
MTN	D	-0.12%
NOV	F	-0.12%
SWN	C	-0.12%
G	A	-0.12%
OSK	F	-0.12%
NSIT	C	-0.12%
VOYA	A	-0.12%
UFPI	B	-0.12%
FYBR	C	-0.12%
ARW	C	-0.12%
MTZ	C	-0.12%
GNTX	F	-0.12%
DVA	B	-0.12%
IVZ	C	-0.12%
ZION	D	-0.12%
UDR	C	-0.12%
ITCI	D	-0.12%
LNTH	C	-0.12%
NI	A	-0.12%
BPOP	D	-0.12%
FAF	B	-0.11%
MTSI	C	-0.11%
RVMD	B	-0.11%
VFC	B	-0.11%
SMAR	A	-0.11%
POOL	B	-0.11%
GKOS	C	-0.11%
S	D	-0.11%
SNV	D	-0.11%
EVRG	B	-0.11%
ESTC	F	-0.11%
LSTR	D	-0.11%
CYTK	F	-0.11%
FRPT	C	-0.11%
LEA	F	-0.11%
UHAL	A	-0.11%
DAR	F	-0.11%
SAIC	B	-0.11%
VKTX	D	-0.11%
TMHC	B	-0.11%
MTG	B	-0.11%
ACI	F	-0.11%
PCTY	C	-0.11%
MTH	B	-0.11%
JXN	B	-0.11%
AN	B	-0.1%
AVAV	B	-0.1%
OGN	D	-0.1%
BECN	F	-0.1%
AA	C	-0.1%
AGCO	D	-0.1%
SJM	B	-0.1%
ST	F	-0.1%
VNO	B	-0.1%
OMF	D	-0.1%
GXO	D	-0.1%
BPMC	F	-0.1%
VRNS	C	-0.1%
R	C	-0.1%
PCOR	D	-0.1%
AES	B	-0.1%
RYAN	A	-0.1%
CMC	C	-0.1%
CELH	F	-0.1%
CLF	D	-0.1%
HST	D	-0.1%
RHI	D	-0.1%
STWD	C	-0.1%
LPX	A	-0.1%
RL	B	-0.1%
IONS	F	-0.1%
SEE	B	-0.09%
ALTR	C	-0.09%
FOUR	B	-0.09%
OLN	D	-0.09%
MDU	C	-0.09%
SM	F	-0.09%
XRAY	D	-0.09%
GTLB	D	-0.09%
PATH	D	-0.09%
LUMN	C	-0.09%
NXST	D	-0.09%
BC	C	-0.09%
INSP	C	-0.09%
UGI	C	-0.09%
BCC	B	-0.09%
TKR	B	-0.09%
MUR	F	-0.09%
KBH	C	-0.09%
THO	C	-0.09%
GAP	F	-0.09%
LNC	D	-0.09%
KD	F	-0.09%
WHR	C	-0.09%
NFG	A	-0.09%
BILL	D	-0.09%
EPAM	F	-0.09%
AMG	C	-0.09%
LKQ	F	-0.09%
SON	D	-0.09%
PARA	F	-0.09%
PVH	F	-0.09%
POST	B	-0.09%
MDGL	F	-0.08%
U	D	-0.08%
BOX	C	-0.08%
HOG	C	-0.08%
PII	D	-0.08%
CRDO	C	-0.08%
APPF	C	-0.08%
THG	A	-0.08%
JHG	C	-0.08%
GPI	C	-0.08%
SLM	C	-0.08%
RARE	C	-0.08%
AL	D	-0.08%
TENB	F	-0.08%
HCP	B	-0.08%
ABG	D	-0.08%
POR	B	-0.08%
AVT	B	-0.08%
KRYS	D	-0.08%
CFLT	F	-0.07%
FLO	C	-0.07%
LW	D	-0.07%