FNDA vs. VIOV ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Vanguard S&P Small-Cap 600 Value ETF (VIOV)

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

VIOV

Vanguard S&P Small-Cap 600 Value ETF

VIOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600Â® Value Index, which represents the value companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization value stocks. 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

$91.17

Average Daily Volume

57,352

Number of Holdings ^*

454

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	VIOV
30 Days	3.66%	1.90%
60 Days	8.37%	7.70%
90 Days	9.25%	11.28%
12 Months	27.41%	24.61%

345 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in VIOV	Overlap
AAT	C	0.07%	0.2%	0.07%
ABCB	C	0.12%	0.61%	0.12%
ABR	C	0.1%	0.39%	0.1%
ACA	C	0.18%	0.28%	0.18%
ACIW	A	0.17%	0.3%	0.17%
ADUS	D	0.06%	0.21%	0.06%
AEIS	B	0.1%	0.23%	0.1%
AGO	B	0.15%	0.25%	0.15%
AHCO	D	0.03%	0.13%	0.03%
AIN	F	0.1%	0.23%	0.1%
AIR	C	0.12%	0.09%	0.09%
AKR	B	0.08%	0.35%	0.08%
ALEX	D	0.09%	0.22%	0.09%
ALGT	D	0.06%	0.09%	0.06%
ALK	C	0.04%	0.7%	0.04%
ALKS	B	0.02%	0.26%	0.02%
AMCX	F	0.05%	0.05%	0.05%
AMN	F	0.13%	0.14%	0.13%
AMSF	B	0.01%	0.08%	0.01%
AMWD	C	0.13%	0.09%	0.09%
ANDE	D	0.13%	0.12%	0.12%
AOSL	D	0.01%	0.15%	0.01%
APAM	B	0.14%	0.19%	0.14%
APOG	B	0.12%	0.12%	0.12%
ARI	F	0.08%	0.08%	0.08%
ASIX	A	0.04%	0.12%	0.04%
ASTE	F	0.03%	0.12%	0.03%
AUB	D	0.06%	0.54%	0.06%
AVA	D	0.17%	0.46%	0.17%
AVNS	D	0.02%	0.17%	0.02%
AWR	B	0.06%	0.22%	0.06%
AX	D	0.09%	0.2%	0.09%
AXL	F	0.06%	0.11%	0.06%
B	A	0.14%	0.31%	0.14%
BANF	D	0.02%	0.09%	0.02%
BANR	B	0.1%	0.31%	0.1%
BCPC	C	0.1%	0.38%	0.1%
BDN	B	0.07%	0.14%	0.07%
BGC	B	0.12%	0.24%	0.12%
BGS	D	0.05%	0.1%	0.05%
BHE	C	0.21%	0.23%	0.21%
BHLB	D	0.0%	0.09%	0.0%
BJRI	B	0.02%	0.11%	0.02%
BKE	B	0.09%	0.07%	0.07%
BKU	D	0.26%	0.44%	0.26%
BLMN	F	0.09%	0.12%	0.09%
BOH	D	0.12%	0.24%	0.12%
BRC	C	0.07%	0.18%	0.07%
BRKL	D	0.02%	0.14%	0.02%
BSIG	D	0.06%	0.04%	0.04%
BXMT	C	0.16%	0.49%	0.16%
CABO	F	0.12%	0.24%	0.12%
CAKE	A	0.06%	0.15%	0.06%
CAL	F	0.07%	0.21%	0.07%
CALX	C	0.03%	0.17%	0.03%
CATY	B	0.14%	0.26%	0.14%
CBRL	D	0.14%	0.13%	0.13%
CBU	D	0.1%	0.49%	0.1%
CCRN	F	0.01%	0.07%	0.01%
CCS	C	0.23%	0.21%	0.21%
CENT	F	0.01%	0.06%	0.01%
CENTA	F	0.09%	0.28%	0.09%
CFFN	D	0.03%	0.11%	0.03%
CHCO	D	0.04%	0.11%	0.04%
CHEF	C	0.05%	0.23%	0.05%
CLB	D	0.02%	0.08%	0.02%
CLW	F	0.03%	0.08%	0.03%
CMP	D	0.02%	0.05%	0.02%
CNS	C	0.07%	0.18%	0.07%
CNSL	A	0.04%	0.05%	0.04%
CNXN	C	0.09%	0.13%	0.09%
COHU	F	0.05%	0.11%	0.05%
COOP	B	0.21%	0.92%	0.21%
CORT	B	0.08%	0.17%	0.08%
CPF	C	0.03%	0.11%	0.03%
CPK	C	0.07%	0.22%	0.07%
CRK	B	0.06%	0.08%	0.06%
CSGS	B	0.08%	0.11%	0.08%
CSR	D	0.02%	0.17%	0.02%
CTRE	C	0.03%	0.24%	0.03%
CTS	B	0.05%	0.1%	0.05%
CVBF	B	0.09%	0.37%	0.09%
CVGW	B	0.03%	0.06%	0.03%
CVI	D	0.07%	0.05%	0.05%
CWEN	C	0.1%	0.42%	0.1%
CWEN	C	0.1%	0.08%	0.08%
CWK	D	0.22%	0.39%	0.22%
CWT	D	0.08%	0.29%	0.08%
CXW	F	0.17%	0.23%	0.17%
DBI	F	0.02%	0.04%	0.02%
DEA	D	0.06%	0.21%	0.06%
DEI	A	0.22%	0.41%	0.22%
DIN	D	0.01%	0.04%	0.01%
DIOD	F	0.13%	0.19%	0.13%
DLX	F	0.06%	0.14%	0.06%
DNOW	F	0.13%	0.21%	0.13%
DORM	C	0.11%	0.15%	0.11%
DXPE	C	0.03%	0.11%	0.03%
DY	C	0.26%	0.78%	0.26%
EAT	A	0.13%	0.28%	0.13%
ECPG	F	0.12%	0.18%	0.12%
EGBN	C	0.03%	0.1%	0.03%
EIG	A	0.09%	0.18%	0.09%
EMBC	F	0.06%	0.14%	0.06%
ENR	B	0.09%	0.18%	0.09%
ENV	C	0.06%	0.28%	0.06%
ENVA	B	0.16%	0.35%	0.16%
EPAC	A	0.05%	0.11%	0.05%
EPC	F	0.11%	0.3%	0.11%
EPRT	C	0.05%	0.41%	0.05%
ETD	C	0.03%	0.06%	0.03%
EYE	F	0.07%	0.13%	0.07%
FBK	B	0.0%	0.26%	0.0%
FBNC	B	0.05%	0.27%	0.05%
FCF	D	0.06%	0.14%	0.06%
FCPT	C	0.05%	0.22%	0.05%
FDP	C	0.2%	0.15%	0.15%
FFBC	D	0.1%	0.38%	0.1%
FHB	D	0.17%	0.47%	0.17%
FIZZ	F	0.02%	0.07%	0.02%
FLGT	F	0.01%	0.07%	0.01%
FOXF	F	0.07%	0.16%	0.07%
FUL	F	0.19%	0.36%	0.19%
FULT	D	0.12%	0.53%	0.12%
FWRD	D	0.15%	0.15%	0.15%
GBX	C	0.16%	0.23%	0.16%
GDEN	D	0.03%	0.04%	0.03%
GDOT	C	0.03%	0.08%	0.03%
GEO	D	0.21%	0.28%	0.21%
GFF	C	0.09%	0.12%	0.09%
GIII	C	0.18%	0.16%	0.16%
GNL	D	0.09%	0.26%	0.09%
GO	F	0.08%	0.29%	0.08%
GPRE	F	0.07%	0.14%	0.07%
GTES	C	0.14%	0.37%	0.14%
GTY	C	0.02%	0.13%	0.02%
GVA	A	0.21%	0.25%	0.21%
HAFC	D	0.02%	0.09%	0.02%
HAIN	C	0.05%	0.11%	0.05%
HASI	B	0.02%	0.56%	0.02%
HAYN	B	0.0%	0.05%	0.0%
HAYW	C	0.05%	0.29%	0.05%
HCSG	F	0.05%	0.12%	0.05%
HFWA	D	0.02%	0.12%	0.02%
HI	F	0.09%	0.35%	0.09%
HIW	C	0.22%	0.52%	0.22%
HMN	B	0.06%	0.22%	0.06%
HNI	B	0.17%	0.15%	0.15%
HOPE	B	0.11%	0.23%	0.11%
HP	D	0.17%	0.22%	0.17%
HPP	F	0.13%	0.1%	0.1%
HSII	D	0.02%	0.12%	0.02%
HTH	F	0.11%	0.23%	0.11%
HTLD	F	0.05%	0.04%	0.04%
HVT	F	0.03%	0.06%	0.03%
HZO	C	0.05%	0.1%	0.05%
IAC	C	0.14%	0.34%	0.14%
IART	F	0.05%	0.21%	0.05%
IBTX	B	0.08%	0.32%	0.08%
ICHR	D	0.05%	0.16%	0.05%
ICUI	B	0.14%	0.51%	0.14%
IIIN	F	0.0%	0.04%	0.0%
IIPR	C	0.01%	0.24%	0.01%
INDB	D	0.08%	0.41%	0.08%
INVA	B	0.04%	0.08%	0.04%
IOSP	F	0.12%	0.16%	0.12%
IRWD	F	0.02%	0.05%	0.02%
ITRI	C	0.13%	0.36%	0.13%
JBGS	C	0.14%	0.22%	0.14%
JBLU	B	0.17%	0.26%	0.17%
JBSS	F	0.05%	0.06%	0.05%
JBT	B	0.1%	0.17%	0.1%
KALU	D	0.1%	0.18%	0.1%
KAR	F	0.12%	0.28%	0.12%
KELYA	D	0.09%	0.1%	0.09%
KFY	C	0.21%	0.24%	0.21%
KLG	F	0.08%	0.17%	0.08%
KLIC	D	0.05%	0.14%	0.05%
KMT	C	0.17%	0.31%	0.17%
KN	B	0.08%	0.15%	0.08%
KOP	F	0.07%	0.06%	0.06%
KREF	C	0.02%	0.11%	0.02%
KW	C	0.08%	0.2%	0.08%
KWR	F	0.06%	0.17%	0.06%
LCII	C	0.2%	0.17%	0.17%
LESL	F	0.01%	0.08%	0.01%
LGIH	C	0.18%	0.13%	0.13%
LGND	C	0.01%	0.27%	0.01%
LKFN	D	0.04%	0.14%	0.04%
LNN	C	0.04%	0.11%	0.04%
LTC	D	0.04%	0.14%	0.04%
LXP	D	0.09%	0.46%	0.09%
LZB	D	0.16%	0.12%	0.12%
MAC	B	0.27%	0.52%	0.27%
MATV	F	0.05%	0.16%	0.05%
MATW	F	0.02%	0.04%	0.02%
MC	B	0.19%	0.33%	0.19%
MCY	B	0.12%	0.27%	0.12%
MD	B	0.06%	0.14%	0.06%
MERC	D	0.02%	0.04%	0.02%
MGEE	C	0.09%	0.21%	0.09%
MGPI	F	0.0%	0.09%	0.0%
MLKN	F	0.15%	0.32%	0.15%
MMI	D	0.06%	0.09%	0.06%
MMSI	C	0.09%	0.35%	0.09%
MNRO	B	0.03%	0.12%	0.03%
MODG	F	0.07%	0.22%	0.07%
MOV	F	0.01%	0.06%	0.01%
MRCY	B	0.07%	0.3%	0.07%
MRTN	F	0.07%	0.08%	0.07%
MTUS	F	0.03%	0.04%	0.03%
MTX	C	0.15%	0.19%	0.15%
MXL	D	0.03%	0.07%	0.03%
MYE	F	0.01%	0.04%	0.01%
MYGN	D	0.05%	0.2%	0.05%
NBHC	D	0.0%	0.25%	0.0%
NBR	D	0.04%	0.1%	0.04%
NBTB	D	0.07%	0.35%	0.07%
NGVT	D	0.11%	0.2%	0.11%
NHC	D	0.1%	0.15%	0.1%
NMIH	B	0.08%	0.18%	0.08%
NPK	F	0.02%	0.03%	0.02%
NPO	C	0.09%	0.28%	0.09%
NTCT	C	0.1%	0.23%	0.1%
NUS	F	0.03%	0.07%	0.03%
NVEE	F	0.04%	0.19%	0.04%
NVRI	D	0.05%	0.15%	0.05%
NWBI	D	0.08%	0.27%	0.08%
NWN	D	0.08%	0.23%	0.08%
NX	F	0.07%	0.06%	0.06%
OMCL	C	0.07%	0.31%	0.07%
OMI	F	0.19%	0.17%	0.17%
OUT	C	0.16%	0.22%	0.16%
PBH	D	0.1%	0.29%	0.1%
PBI	C	0.09%	0.17%	0.09%
PCRX	D	0.0%	0.11%	0.0%
PDCO	F	0.18%	0.27%	0.18%
PEB	D	0.08%	0.24%	0.08%
PECO	C	0.11%	0.34%	0.11%
PFS	D	0.09%	0.38%	0.09%
PHIN	D	0.16%	0.33%	0.16%
PINC	F	0.19%	0.32%	0.19%
PIPR	A	0.15%	0.33%	0.15%
PJT	A	0.06%	0.18%	0.06%
PLAB	D	0.07%	0.07%	0.07%
PLUS	B	0.14%	0.15%	0.14%
PLXS	A	0.22%	0.3%	0.22%
PMT	B	0.09%	0.19%	0.09%
PPBI	D	0.1%	0.38%	0.1%
PRA	C	0.03%	0.1%	0.03%
PRAA	F	0.04%	0.14%	0.04%
PRDO	D	0.08%	0.1%	0.08%
PRFT	A	0.05%	0.16%	0.05%
PRK	D	0.07%	0.23%	0.07%
PRLB	F	0.02%	0.04%	0.02%
PSMT	A	0.18%	0.34%	0.18%
PTEN	F	0.15%	0.19%	0.15%
PUMP	D	0.04%	0.1%	0.04%
PZZA	D	0.04%	0.13%	0.04%
RC	F	0.03%	0.2%	0.03%
RDN	D	0.25%	0.37%	0.25%
RGR	F	0.03%	0.11%	0.03%
RILY	F	0.01%	0.01%	0.01%
RNST	D	0.04%	0.33%	0.04%
ROG	D	0.08%	0.09%	0.08%
ROIC	C	0.07%	0.3%	0.07%
RUN	D	0.03%	0.69%	0.03%
RXO	D	0.22%	0.27%	0.22%
SABR	C	0.07%	0.08%	0.07%
SAFT	D	0.08%	0.2%	0.08%
SAH	D	0.14%	0.14%	0.14%
SATS	C	0.5%	0.34%	0.34%
SBCF	D	0.03%	0.35%	0.03%
SBH	B	0.2%	0.2%	0.2%
SBSI	D	0.02%	0.09%	0.02%
SCHL	F	0.08%	0.12%	0.08%
SCL	D	0.13%	0.25%	0.13%
SCSC	D	0.09%	0.19%	0.09%
SCVL	D	0.04%	0.11%	0.04%
SEDG	F	0.01%	0.13%	0.01%
SEM	D	0.22%	0.58%	0.22%
SFBS	B	0.03%	0.33%	0.03%
SFNC	B	0.15%	0.41%	0.15%
SGH	D	0.05%	0.1%	0.05%
SJW	D	0.05%	0.15%	0.05%
SKYW	B	0.19%	0.22%	0.19%
SLG	C	0.15%	0.66%	0.15%
SLVM	C	0.26%	0.42%	0.26%
SMP	D	0.03%	0.09%	0.03%
SMPL	D	0.05%	0.16%	0.05%
SMTC	C	0.13%	0.24%	0.13%
SNDR	D	0.13%	0.15%	0.13%
SNEX	B	0.0%	0.34%	0.0%
SONO	F	0.06%	0.23%	0.06%
SSTK	F	0.04%	0.06%	0.04%
STBA	D	0.06%	0.12%	0.06%
STC	D	0.2%	0.31%	0.2%
STEP	A	0.03%	0.3%	0.03%
STRA	F	0.09%	0.19%	0.09%
SUPN	D	0.05%	0.18%	0.05%
SVC	D	0.17%	0.12%	0.12%
SXC	F	0.04%	0.11%	0.04%
SXT	C	0.15%	0.29%	0.15%
TALO	D	0.08%	0.27%	0.08%
THRM	F	0.08%	0.13%	0.08%
THRY	F	0.03%	0.09%	0.03%
THS	D	0.17%	0.3%	0.17%
TILE	C	0.05%	0.17%	0.05%
TMP	C	0.02%	0.12%	0.02%
TRMK	D	0.09%	0.31%	0.09%
TRN	C	0.19%	0.2%	0.19%
TTMI	D	0.18%	0.3%	0.18%
TWI	F	0.0%	0.06%	0.0%
UCTT	D	0.09%	0.26%	0.09%
UE	C	0.09%	0.16%	0.09%
UFCS	D	0.02%	0.07%	0.02%
UNF	A	0.17%	0.26%	0.17%
UNIT	B	0.23%	0.08%	0.08%
USNA	F	0.03%	0.07%	0.03%
USPH	F	0.01%	0.09%	0.01%
UTL	D	0.02%	0.08%	0.02%
UVV	D	0.16%	0.2%	0.16%
VBTX	C	0.06%	0.21%	0.06%
VGR	B	0.11%	0.17%	0.11%
VIAV	C	0.1%	0.29%	0.1%
VIR	F	0.02%	0.11%	0.02%
VIRT	B	0.2%	0.41%	0.2%
VREX	F	0.01%	0.08%	0.01%
VRTS	D	0.04%	0.08%	0.04%
VSAT	F	0.08%	0.18%	0.08%
VSCO	C	0.21%	0.28%	0.21%
VSTO	B	0.13%	0.35%	0.13%
VSTS	D	0.19%	0.13%	0.13%
VTOL	D	0.01%	0.15%	0.01%
WABC	F	0.02%	0.08%	0.02%
WAFD	D	0.15%	0.38%	0.15%
WD	C	0.17%	0.31%	0.17%
WGO	D	0.17%	0.12%	0.12%
WHD	A	0.05%	0.23%	0.05%
WNC	F	0.08%	0.13%	0.08%
WOR	F	0.09%	0.07%	0.07%
WSFS	D	0.09%	0.27%	0.09%
WWW	B	0.1%	0.17%	0.1%
XHR	A	0.11%	0.09%	0.09%
ZEUS	F	0.02%	0.03%	0.02%

FNDA Overweight 651 Positions Relative to VIOV

Symbol	Grade	Weight
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%
OHI	C	0.27%
WAL	C	0.27%
HCC	C	0.27%
UAL	A	0.27%
CRUS	D	0.26%
CLH	B	0.26%
TXRH	A	0.26%
PRG	C	0.26%
SF	A	0.26%
SWX	C	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%
COIN	F	0.24%
SCCO	B	0.24%
FIX	A	0.23%
AVNT	C	0.23%
Z	C	0.23%
BWXT	A	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%
ELAN	D	0.22%
AGNC	B	0.22%
VMI	B	0.22%
KRC	C	0.22%
FCN	C	0.22%
ENS	B	0.21%
WBS	D	0.21%
CR	A	0.21%
ELS	D	0.21%
AMKR	F	0.21%
GHC	A	0.21%
HRI	B	0.21%
COLD	D	0.21%
ESI	C	0.21%
MOG.A	C	0.21%
DBRG	D	0.21%
CROX	C	0.21%
IDA	D	0.2%
KEX	C	0.2%
SR	D	0.2%
INCY	B	0.2%
BYD	B	0.2%
FDS	C	0.2%
OGS	C	0.2%
PATK	A	0.2%
GMS	B	0.2%
SHOO	A	0.2%
FNB	D	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%
PB	D	0.2%
LOPE	D	0.2%
CUBE	C	0.2%
GATX	F	0.2%
RPRX	D	0.2%
CFR	B	0.19%
NYT	C	0.19%
URBN	F	0.19%
AMH	D	0.19%
SN	A	0.19%
PCH	C	0.19%
JELD	D	0.19%
TEX	F	0.19%
ARCB	F	0.19%
DTM	A	0.19%
KNF	B	0.19%
SRCL	B	0.19%
CUZ	C	0.19%
WYNN	B	0.19%
LFUS	C	0.19%
SBRA	C	0.19%
ADTN	C	0.19%
CADE	B	0.19%
WTFC	B	0.19%
MTCH	B	0.19%
ENTG	D	0.19%
NVST	D	0.19%
PFSI	C	0.19%
PNM	B	0.19%
PNFP	B	0.19%
LITE	A	0.19%
IMKTA	F	0.19%
SPR	D	0.19%
ZM	B	0.19%
EEFT	F	0.18%
NJR	C	0.18%
HXL	F	0.18%
ASB	D	0.18%
CSGP	F	0.18%
NWE	C	0.18%
VLY	C	0.18%
BCO	C	0.18%
NOMD	D	0.18%
MPWR	B	0.18%
SSD	B	0.18%
HWC	D	0.18%
CBSH	D	0.18%
NNN	C	0.18%
OZK	D	0.18%
COLM	B	0.18%
BIO	B	0.18%
ESNT	A	0.18%
TROX	D	0.17%
BDC	A	0.17%
LNW	F	0.17%
COLB	C	0.17%
APLE	B	0.17%
WMK	D	0.17%
RH	C	0.17%
CRC	B	0.17%
SITE	D	0.17%
VVV	D	0.17%
ALE	A	0.17%
HLI	A	0.17%
MOD	B	0.17%
ATGE	D	0.17%
CALM	A	0.17%
OLLI	C	0.17%
UBSI	D	0.17%
SPOT	C	0.17%
FSLR	C	0.16%
SKY	C	0.16%
LAUR	C	0.16%
SCS	D	0.16%
FND	C	0.16%
WMS	D	0.16%
DASH	A	0.16%
DHC	C	0.16%
SMCI	F	0.16%
SLAB	D	0.16%
ACHC	F	0.16%
CHDN	C	0.15%
TDC	D	0.15%
IGT	F	0.15%
COKE	C	0.15%
MTDR	D	0.15%
ONB	D	0.15%
CNX	A	0.15%
NOW	B	0.15%
UMBF	C	0.15%
CACC	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%
AGR	C	0.15%
WTM	C	0.15%
GEF	B	0.15%
ROL	C	0.15%
RGLD	C	0.14%
TYL	D	0.14%
RNR	A	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%
MKTX	B	0.14%
SUM	F	0.14%
MASI	B	0.14%
WTS	C	0.14%
YELP	D	0.14%
AMR	F	0.14%
ZD	D	0.14%
GBCI	B	0.14%
HRB	C	0.14%
COMM	C	0.14%
NMRK	C	0.14%
KTB	C	0.14%
H	B	0.14%
ARES	A	0.14%
CNK	D	0.13%
BRKR	D	0.13%
FELE	C	0.13%
DBX	C	0.13%
VRSN	C	0.13%
JAZZ	F	0.13%
MSM	D	0.13%
APO	A	0.13%
RRC	D	0.13%
TWLO	B	0.13%
AROC	B	0.13%
PPC	C	0.13%
TPG	A	0.13%
LILAK	D	0.13%
CVLT	B	0.13%
EBS	D	0.13%
CNM	F	0.13%
CEIX	B	0.13%
BLD	D	0.13%
AMED	D	0.13%
WEN	B	0.13%
APG	F	0.13%
MMS	C	0.13%
TNL	B	0.13%
ETSY	F	0.13%
GMED	B	0.13%
WDAY	D	0.12%
IBP	C	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%
ITGR	B	0.12%
TECH	D	0.12%
DRH	B	0.12%
FSS	D	0.12%
DNB	D	0.12%
STAG	D	0.12%
CHRD	F	0.12%
WTRG	D	0.12%
TPL	A	0.12%
TCBI	B	0.12%
TREX	D	0.12%
HELE	D	0.12%
OPCH	F	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%
CHE	D	0.12%
FN	B	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%
MWA	A	0.11%
CIVI	F	0.11%
RYI	D	0.11%
HLF	F	0.11%
WSC	D	0.11%
PLNT	B	0.11%
PSN	A	0.11%
AXS	A	0.11%
COMP	C	0.11%
VSH	F	0.11%
ESRT	C	0.1%
ROKU	C	0.1%
NHI	C	0.1%
SSB	C	0.1%
IBOC	D	0.1%
AM	A	0.1%
HL	C	0.1%
HEES	D	0.1%
ICFI	C	0.1%
MSA	F	0.1%
PINS	D	0.1%
PLTR	A	0.1%
LANC	F	0.1%
VC	F	0.1%
BOKF	B	0.1%
FHI	A	0.1%
AZZ	B	0.1%
MORN	B	0.1%
KRG	C	0.1%
SKT	A	0.1%
ENOV	F	0.1%
DXCM	F	0.09%
RRR	D	0.09%
CDE	C	0.09%
HTLF	B	0.09%
ERIE	A	0.09%
AZEK	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%
SASR	B	0.09%
ONTO	B	0.09%
WSBC	D	0.09%
DOLE	C	0.09%
TW	A	0.09%
ROCK	D	0.09%
HAE	F	0.09%
EGP	D	0.09%
BMRN	F	0.09%
OSIS	C	0.09%
UCBI	B	0.09%
IBKR	A	0.09%
HOMB	D	0.09%
RHP	B	0.09%
PDM	C	0.09%
BXC	D	0.09%
OTTR	F	0.09%
JACK	F	0.09%
ORA	C	0.09%
SAM	D	0.09%
ATI	C	0.09%
NSA	D	0.08%
HWKN	B	0.08%
LBRDK	C	0.08%
CXT	F	0.08%
LADR	D	0.08%
RNG	F	0.08%
FTDR	B	0.08%
EXPO	A	0.08%
PAYC	D	0.08%
FRME	D	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%
ESE	C	0.08%
YETI	C	0.08%
FFIN	D	0.08%
KFRC	F	0.08%
MGY	B	0.08%
MGRC	D	0.08%
OPEN	F	0.08%
IRDM	C	0.08%
NSP	F	0.08%
NNI	B	0.07%
CWH	C	0.07%
HHH	C	0.07%
LGF.A	F	0.07%
CARG	C	0.07%
BNL	C	0.07%
ZWS	A	0.07%
SNBR	C	0.07%
GCI	B	0.07%
BMI	A	0.07%
CNA	D	0.07%
TNC	F	0.07%
HALO	D	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%
GES	F	0.07%
TTD	A	0.07%
EXPI	C	0.07%
SEB	F	0.07%
ALG	F	0.07%
COTY	F	0.07%
REVG	D	0.07%
HLX	C	0.07%
ADC	C	0.07%
AAON	A	0.07%
FORM	D	0.07%
CBZ	F	0.07%
OII	D	0.07%
CSWI	A	0.07%
KAI	C	0.07%
JJSF	C	0.07%
GOLF	F	0.07%
MTRN	F	0.07%
GRBK	C	0.06%
PLAY	D	0.06%
HURN	D	0.06%
ESGR	C	0.06%
KTOS	B	0.06%
CUBI	F	0.06%
WDFC	B	0.06%
FBP	B	0.06%
TDOC	D	0.06%
PRGS	A	0.06%
CSTM	F	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%
ROAD	C	0.06%
CNXC	F	0.06%
QLYS	F	0.06%
MELI	D	0.06%
BLKB	C	0.06%
EBC	B	0.06%
TRS	D	0.06%
MEDP	F	0.06%
NBIX	F	0.06%
PGRE	D	0.06%
TRIP	D	0.06%
GWRE	A	0.06%
OEC	F	0.06%
W	C	0.06%
SXI	B	0.06%
BSY	D	0.06%
PR	D	0.06%
CNDT	B	0.05%
PODD	C	0.05%
ATSG	D	0.05%
INSW	B	0.05%
MRC	D	0.05%
LSCC	D	0.05%
CODI	D	0.05%
ACLS	F	0.05%
NTB	D	0.05%
LIVN	C	0.05%
AY	C	0.05%
PTON	C	0.05%
NTGR	C	0.05%
TSE	C	0.05%
NEOG	F	0.05%
CMCO	D	0.05%
CCO	C	0.05%
NOVT	C	0.05%
ECVT	F	0.05%
EXAS	C	0.05%
LYFT	D	0.05%
WING	C	0.05%
AZTA	F	0.05%
CWST	D	0.05%
PSTG	F	0.05%
TRNO	D	0.05%
EFSC	D	0.05%
BV	A	0.05%
ASTH	B	0.04%
CRGY	B	0.04%
VAL	F	0.04%
CMTG	F	0.04%
OFG	D	0.04%
IPAR	D	0.04%
SPSC	D	0.04%
VCTR	A	0.04%
HMST	B	0.04%
NOG	D	0.04%
IVT	B	0.04%
ZUMZ	D	0.04%
SWBI	F	0.04%
MATX	C	0.04%
AAN	B	0.04%
AAL	D	0.04%
WFRD	F	0.04%
ILPT	D	0.04%
AGX	A	0.04%
HLIO	B	0.04%
DHT	B	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%
SNAP	D	0.04%
AGRO	C	0.04%
RES	C	0.04%
PARR	F	0.04%
RDUS	D	0.04%
ACCO	C	0.04%
RKT	D	0.04%
BRBR	A	0.04%
SGRY	C	0.04%
BZH	C	0.04%
GTN	D	0.04%
LPG	F	0.04%
GTLS	D	0.04%
AGM	D	0.03%
PRVA	F	0.03%
WTTR	B	0.03%
KNSL	B	0.03%
CNNE	F	0.03%
WRLD	F	0.03%
TBI	F	0.03%
DAC	B	0.03%
GLDD	A	0.03%
CLVT	D	0.03%
STNE	F	0.03%
EVTC	D	0.03%
CMRE	C	0.03%
AGL	F	0.03%
WOOF	B	0.03%
IHRT	C	0.03%
UVE	C	0.03%
XPRO	F	0.03%
XP	F	0.03%
LYV	A	0.03%
CBL	D	0.03%
DT	B	0.03%
TKO	A	0.03%
SNOW	F	0.03%
RWT	C	0.03%
MP	C	0.03%
AMC	F	0.03%
PAGS	F	0.03%
USM	B	0.03%
ZIMV	F	0.03%
RDNT	C	0.03%
TRTX	D	0.03%
CARS	F	0.03%
GLOB	D	0.03%
PEN	D	0.03%
VRNT	F	0.03%
EAF	C	0.03%
SENEA	C	0.03%
CPS	F	0.03%
ALRM	F	0.03%
UIS	C	0.03%
GCO	D	0.03%
SBLK	C	0.03%
RGP	F	0.02%
CLDT	D	0.02%
CLOV	B	0.02%
IRBT	D	0.02%
AMBC	F	0.02%
RYAM	A	0.02%
BRSP	D	0.02%
PLOW	D	0.02%
ARKO	C	0.02%
DHIL	C	0.02%
CCSI	C	0.02%
CTRN	D	0.02%
WOLF	F	0.02%
WASH	C	0.02%
CSV	D	0.02%
ARCO	D	0.02%
MEI	D	0.02%
SFIX	F	0.02%
OPK	D	0.02%
BRY	F	0.02%
PLCE	D	0.02%
SRCE	D	0.02%
PFC	D	0.02%
OPI	F	0.02%
CNOB	B	0.02%
MTW	F	0.02%
TCBK	D	0.02%
SHYF	D	0.02%
ALTO	D	0.02%
WOW	D	0.02%
TPIC	C	0.02%
AVO	C	0.02%
EDR	A	0.02%
WMG	D	0.02%
GNK	D	0.02%
OCFC	C	0.02%
BBSI	B	0.02%
DCO	B	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%
VSEC	D	0.02%
TNK	C	0.02%
HLNE	A	0.01%
HOV	D	0.01%
MBUU	D	0.01%
AMRC	C	0.01%
KE	F	0.01%
TK	B	0.01%
AVD	F	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%
CRMT	F	0.01%
JRVR	F	0.01%
SSP	F	0.01%
MED	F	0.01%
GPMT	D	0.01%
SSYS	D	0.01%
OIS	D	0.01%
DENN	D	0.01%
SRI	F	0.01%
TITN	F	0.01%
DAY	C	0.01%
ATNI	C	0.01%
KRNY	C	0.01%
FLWS	F	0.01%
CHGG	F	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%
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%
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%
REX	D	0.0%
CRVL	C	0.0%
TBBK	A	0.0%
NR	F	0.0%

FNDA Underweight 109 Positions Relative to VIOV

Symbol	Grade	Weight
CMA	C	-1.15%
RHI	D	-0.99%
JXN	A	-0.93%
VFC	A	-0.91%
OGN	F	-0.87%
LNC	B	-0.83%
LUMN	C	-0.81%
ASO	D	-0.62%
SANM	D	-0.58%
AL	D	-0.57%
DXC	C	-0.56%
ABM	D	-0.55%
UCB	D	-0.55%
SEE	C	-0.46%
GNW	A	-0.46%
REZI	D	-0.45%
BFH	D	-0.44%
HUBG	D	-0.44%
PENN	D	-0.42%
AAP	F	-0.41%
MPW	C	-0.41%
NWL	D	-0.41%
FL	F	-0.39%
ABG	D	-0.38%
WERN	D	-0.36%
HBI	B	-0.34%
KSS	D	-0.33%
NSIT	B	-0.32%
WLY	A	-0.31%
FTRE	F	-0.31%
NATL	D	-0.3%
BANC	D	-0.3%
OI	D	-0.3%
BOX	C	-0.28%
VYX	C	-0.28%
RUSHA	D	-0.27%
LEG	D	-0.26%
WKC	A	-0.26%
TPH	C	-0.25%
KRYS	D	-0.25%
ELME	D	-0.24%
TNDM	D	-0.23%
DAN	D	-0.22%
BTU	B	-0.21%
NAVI	D	-0.21%
XRX	D	-0.2%
TDS	C	-0.18%
FBRT	C	-0.17%
PAYO	A	-0.17%
SITM	A	-0.16%
TGI	F	-0.16%
DGII	B	-0.16%
CXM	F	-0.16%
NXRT	D	-0.16%
NARI	F	-0.15%
ODP	F	-0.15%
QNST	C	-0.15%
UNFI	C	-0.14%
DOCN	B	-0.14%
DCOM	B	-0.14%
BL	D	-0.13%
VRE	C	-0.13%
TRUP	B	-0.13%
SPTN	C	-0.12%
ARCH	D	-0.12%
HLIT	D	-0.12%
EXTR	D	-0.12%
PTGX	C	-0.11%
CENX	C	-0.11%
STAA	D	-0.1%
EZPW	C	-0.1%
HRMY	D	-0.1%
UPBD	F	-0.1%
TRST	D	-0.1%
MLAB	B	-0.1%
MSEX	C	-0.09%
AORT	B	-0.08%
ATEN	B	-0.08%
SDGR	F	-0.08%
XNCR	D	-0.08%
CTKB	F	-0.08%
RCUS	D	-0.08%
CERT	F	-0.08%
AHH	F	-0.07%
VTLE	F	-0.07%
SWI	B	-0.06%
BLFS	D	-0.06%
HTZ	F	-0.06%
VICR	C	-0.06%
PAHC	C	-0.06%
UHT	D	-0.05%
CRSR	D	-0.05%
RGNX	F	-0.05%
CEVA	B	-0.05%
WSR	C	-0.05%
NABL	F	-0.05%
MCW	F	-0.05%
HSTM	B	-0.05%
WS	D	-0.05%
INN	A	-0.05%
SLP	F	-0.04%
GOGO	F	-0.04%
BFS	C	-0.04%
CHCT	F	-0.04%
CHUY	B	-0.04%
DDD	D	-0.04%
TTGT	F	-0.04%
TR	D	-0.03%
SNCY	F	-0.03%