FNDA vs. VYM ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Vanguard High Dividend Yield ETF - DNQ (VYM)

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

$60.01

Average Daily Volume

273,646

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. 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

$128.07

Average Daily Volume

782,810

Number of Holdings ^*

538

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	VYM
30 Days	5.10%	3.36%
60 Days	3.47%	4.61%
90 Days	10.23%	7.73%
12 Months	23.40%	23.37%

221 Overlapping Holdings

	Symbol	Grade	Weight in FNDA	Weight in VYM	Overlap
	ADTN	D	0.17%	0.01%	0.01%
	AGO	C	0.22%	0.02%	0.02%
	AGR	B	0.16%	0.01%	0.01%
	ALE	B	0.18%	0.02%	0.02%
	ALGT	F	0.02%	0.0%	0.0%
	AM	C	0.1%	0.03%	0.03%
	APAM	C	0.13%	0.01%	0.01%
	APO	C	0.06%	0.34%	0.06%
	APOG	B	0.12%	0.01%	0.01%
	ARES	B	0.14%	0.15%	0.14%
	AROC	D	0.13%	0.02%	0.02%
	ASB	D	0.18%	0.02%	0.02%
	AUB	D	0.05%	0.02%	0.02%
	AVA	C	0.17%	0.02%	0.02%
	AVNT	B	0.22%	0.03%	0.03%
	AWR	B	0.06%	0.02%	0.02%
	AXS	B	0.17%	0.04%	0.04%
	AY	C	0.08%	0.01%	0.01%
	B	D	0.13%	0.01%	0.01%
	BANF	B	0.03%	0.01%	0.01%
	BANR	B	0.11%	0.01%	0.01%
	BCPC	C	0.1%	0.03%	0.03%
	BHE	D	0.22%	0.01%	0.01%
	BHLB	B	0.01%	0.01%	0.01%
	BKE	B	0.09%	0.01%	0.01%
	BKH	B	0.24%	0.02%	0.02%
	BKU	C	0.28%	0.02%	0.02%
	BLMN	F	0.07%	0.01%	0.01%
	BOH	D	0.13%	0.01%	0.01%
	BOKF	B	0.11%	0.01%	0.01%
	BRKL	C	0.03%	0.01%	0.01%
	CABO	F	0.1%	0.01%	0.01%
	CACC	F	0.08%	0.02%	0.02%
	CACC	F	0.15%	0.02%	0.02%
	CADE	C	0.19%	0.03%	0.03%
	CAKE	C	0.06%	0.01%	0.01%
	CALM	A	0.16%	0.02%	0.02%
	CATY	C	0.15%	0.02%	0.02%
	CBRL	D	0.09%	0.0%	0.0%
	CBSH	C	0.2%	0.04%	0.04%
	CBT	B	0.23%	0.03%	0.03%
	CBU	C	0.1%	0.02%	0.02%
	CCOI	C	0.08%	0.02%	0.02%
	CFFN	D	0.04%	0.0%	0.0%
	CFR	C	0.18%	0.04%	0.04%
	CHCO	B	0.05%	0.01%	0.01%
	CHRD	F	0.1%	0.05%	0.05%
	CIVI	F	0.09%	0.03%	0.03%
	CNA	C	0.08%	0.01%	0.01%
	CNS	B	0.08%	0.01%	0.01%
	COLB	B	0.18%	0.03%	0.03%
	CPK	B	0.07%	0.01%	0.01%
	CRC	C	0.16%	0.02%	0.02%
	CRS	B	0.25%	0.04%	0.04%
	CSGS	C	0.07%	0.01%	0.01%
	CVBF	D	0.09%	0.01%	0.01%
	CVI	F	0.06%	0.0%	0.0%
	CWEN	C	0.09%	0.01%	0.01%
	CWEN	C	0.09%	0.01%	0.01%
	CWT	C	0.08%	0.02%	0.02%
	DDS	F	0.1%	0.01%	0.01%
	DLX	D	0.1%	0.01%	0.01%
	DNB	C	0.12%	0.02%	0.02%
	DTM	B	0.2%	0.04%	0.04%
	EBC	B	0.06%	0.02%	0.02%
	EIG	C	0.09%	0.01%	0.01%
	EMBC	C	0.1%	0.01%	0.01%
	ENR	D	0.09%	0.01%	0.01%
	ESNT	B	0.19%	0.04%	0.04%
	FBP	C	0.09%	0.02%	0.02%
	FCF	C	0.07%	0.01%	0.01%
	FDP	C	0.2%	0.01%	0.01%
	FFBC	D	0.11%	0.01%	0.01%
	FFIN	B	0.08%	0.03%	0.03%
	FHB	D	0.19%	0.02%	0.02%
	FIBK	B	0.1%	0.01%	0.01%
	FLS	D	0.25%	0.04%	0.04%
	FNB	C	0.21%	0.03%	0.03%
	FRME	D	0.08%	0.01%	0.01%
	FULT	D	0.13%	0.02%	0.02%
	GATX	D	0.22%	0.03%	0.03%
	GBCI	B	0.14%	0.03%	0.03%
	GBX	C	0.16%	0.01%	0.01%
	GEF	D	0.13%	0.01%	0.01%
	GES	F	0.07%	0.0%	0.0%
	GLNG	C	0.06%	0.02%	0.02%
	GTN	D	0.06%	0.0%	0.0%
	HEES	D	0.09%	0.01%	0.01%
	HI	F	0.08%	0.01%	0.01%
	HLI	B	0.18%	0.05%	0.05%
	HMN	D	0.06%	0.01%	0.01%
	HNI	C	0.19%	0.01%	0.01%
	HOMB	B	0.07%	0.03%	0.03%
	HOPE	B	0.11%	0.01%	0.01%
	HP	F	0.19%	0.02%	0.02%
	HRB	C	0.08%	0.05%	0.05%
	HTH	C	0.11%	0.01%	0.01%
	HTLF	B	0.1%	0.01%	0.01%
	HWC	D	0.19%	0.03%	0.03%
	IBOC	D	0.1%	0.02%	0.02%
	IBTX	B	0.09%	0.01%	0.01%
	IDA	C	0.2%	0.03%	0.03%
	IGT	D	0.13%	0.01%	0.01%
	INDB	C	0.08%	0.02%	0.02%
	IRDM	D	0.07%	0.02%	0.02%
	JACK	F	0.09%	0.01%	0.01%
	JJSF	C	0.08%	0.01%	0.01%
	JWN	C	0.07%	0.01%	0.01%
	KALU	F	0.1%	0.01%	0.01%
	KFY	B	0.21%	0.02%	0.02%
	KLG	C	0.08%	0.01%	0.01%
	KMPR	D	0.28%	0.02%	0.02%
	KMT	B	0.16%	0.01%	0.01%
	KTB	B	0.14%	0.02%	0.02%
	KW	C	0.08%	0.01%	0.01%
	LANC	D	0.1%	0.02%	0.02%
	LCII	C	0.18%	0.02%	0.02%
	LZB	C	0.16%	0.01%	0.01%
	MATV	C	0.08%	0.01%	0.01%
	MATW	F	0.04%	0.0%	0.0%
	MC	B	0.18%	0.03%	0.03%
	MCY	D	0.14%	0.01%	0.01%
	MEI	D	0.02%	0.0%	0.0%
	MGEE	B	0.09%	0.02%	0.02%
	MGRC	F	0.08%	0.02%	0.02%
	MGY	C	0.08%	0.03%	0.03%
	MLKN	D	0.17%	0.01%	0.01%
	MNRO	D	0.05%	0.0%	0.0%
	MSM	D	0.06%	0.02%	0.02%
	NBTB	D	0.07%	0.01%	0.01%
	NJR	B	0.18%	0.03%	0.03%
	NMRK	A	0.15%	0.01%	0.01%
	NOG	D	0.03%	0.02%	0.02%
	NOMD	B	0.18%	0.01%	0.01%
	NSP	F	0.08%	0.02%	0.02%
	NTB	C	0.07%	0.01%	0.01%
	NUS	F	0.06%	0.0%	0.0%
	NWBI	C	0.08%	0.01%	0.01%
	NWE	B	0.18%	0.02%	0.02%
	NWN	C	0.08%	0.01%	0.01%
	OGS	B	0.19%	0.02%	0.02%
	ONB	C	0.15%	0.04%	0.04%
	OTTR	F	0.09%	0.02%	0.02%
	OXM	F	0.06%	0.01%	0.01%
	OZK	D	0.17%	0.03%	0.03%
	PB	B	0.22%	0.04%	0.04%
	PDCO	F	0.16%	0.01%	0.01%
	PFS	B	0.1%	0.01%	0.01%
	PHIN	B	0.16%	0.01%	0.01%
	PINC	C	0.18%	0.01%	0.01%
	PIPR	B	0.16%	0.03%	0.03%
	PNM	B	0.18%	0.02%	0.02%
	PPBI	D	0.1%	0.01%	0.01%
	PR	F	0.06%	0.05%	0.05%
	PRK	C	0.08%	0.01%	0.01%
	PTEN	F	0.15%	0.02%	0.02%
	PZZA	D	0.03%	0.01%	0.01%
	RDN	C	0.27%	0.03%	0.03%
	REYN	C	0.07%	0.01%	0.01%
	RGR	D	0.05%	0.0%	0.0%
	RLI	B	0.11%	0.04%	0.04%
	RNST	D	0.02%	0.01%	0.01%
	RPRX	C	0.2%	0.06%	0.06%
	RRC	D	0.11%	0.04%	0.04%
	RRR	D	0.09%	0.02%	0.02%
	SAFT	D	0.08%	0.01%	0.01%
	SASR	B	0.1%	0.01%	0.01%
	SBCF	C	0.02%	0.01%	0.01%
	SBLK	D	0.05%	0.01%	0.01%
	SCCO	D	0.21%	0.05%	0.05%
	SCHL	D	0.07%	0.0%	0.0%
	SCS	D	0.17%	0.01%	0.01%
	SEM	D	0.23%	0.02%	0.02%
	SF	A	0.24%	0.05%	0.05%
	SFBS	B	0.02%	0.02%	0.02%
	SFL	F	0.06%	0.01%	0.01%
	SFNC	B	0.14%	0.01%	0.01%
	SHOO	B	0.19%	0.02%	0.02%
	SJW	C	0.05%	0.01%	0.01%
	SLVM	B	0.27%	0.02%	0.02%
	SMG	C	0.2%	0.02%	0.02%
	SPB	C	0.24%	0.02%	0.02%
	SR	B	0.2%	0.02%	0.02%
	SRCE	C	0.03%	0.01%	0.01%
	SSB	B	0.05%	0.04%	0.04%
	SSTK	F	0.03%	0.0%	0.0%
	STBA	B	0.07%	0.01%	0.01%
	STNG	D	0.06%	0.02%	0.02%
	STRA	F	0.09%	0.01%	0.01%
	SWX	C	0.26%	0.03%	0.03%
	SXT	C	0.15%	0.02%	0.02%
	TNC	F	0.07%	0.01%	0.01%
	TNL	D	0.06%	0.02%	0.02%
	TOWN	B	0.09%	0.01%	0.01%
	TPG	B	0.14%	0.02%	0.02%
	TRMK	C	0.11%	0.01%	0.01%
	TRN	D	0.19%	0.02%	0.02%
	TROX	F	0.13%	0.01%	0.01%
	TTEC	F	0.01%	0.0%	0.0%
	UBSI	B	0.18%	0.03%	0.03%
	UCBI	B	0.09%	0.02%	0.02%
	UMBF	B	0.16%	0.03%	0.03%
	UVV	D	0.16%	0.01%	0.01%
	VGR	B	0.11%	0.01%	0.01%
	VIRT	C	0.22%	0.01%	0.01%
	VLY	C	0.16%	0.02%	0.02%
	VRTS	F	0.02%	0.01%	0.01%
	VSH	F	0.05%	0.01%	0.01%
	WABC	D	0.03%	0.01%	0.01%
	WAFD	C	0.17%	0.01%	0.01%
	WAL	B	0.27%	0.05%	0.05%
	WBS	D	0.19%	0.05%	0.05%
	WD	A	0.16%	0.02%	0.02%
	WEN	C	0.12%	0.02%	0.02%
	WGO	D	0.15%	0.01%	0.01%
	WH	B	0.19%	0.04%	0.04%
	WMK	C	0.17%	0.01%	0.01%
	WOR	D	0.09%	0.01%	0.01%
	WSBC	D	0.1%	0.01%	0.01%
	WTRG	D	0.07%	0.06%	0.06%
	XP	D	0.05%	0.04%	0.04%

FNDA Overweight 776 Positions Relative to VYM

	Symbol	Grade	Weight
	SATS	C	0.54%
	ANF	D	0.43%
	RCL	B	0.41%
	FICO	B	0.35%
	UTHR	C	0.33%
	CRUS	D	0.33%
	DY	B	0.3%
	OHI	B	0.29%
	MHO	B	0.28%
	CLH	A	0.28%
	COIN	F	0.28%
	TPC	C	0.28%
	GME	F	0.27%
	PRG	B	0.27%
	VLTO	C	0.27%
	WWD	D	0.26%
	FRT	C	0.26%
	TXRH	C	0.26%
	MAC	B	0.26%
	HCC	F	0.25%
	SPOT	B	0.25%
	TTEK	C	0.25%
	HEI	B	0.25%
	AGNC	B	0.24%
	XPO	D	0.24%
	HIW	B	0.24%
	SPR	D	0.24%
	LNW	B	0.23%
	DHC	B	0.23%
	FCN	D	0.23%
	RXO	D	0.23%
	GEO	F	0.23%
	ELS	C	0.23%
	UAL	C	0.23%
	CCS	B	0.22%
	VMI	D	0.22%
	COOP	C	0.22%
	COLD	D	0.22%
	FIX	B	0.22%
	ELAN	D	0.22%
	PLXS	A	0.22%
	AIT	A	0.22%
	BWXT	D	0.22%
	MOG.A	B	0.22%
	GVA	B	0.22%
	STC	B	0.21%
	RNR	C	0.21%
	DBRG	D	0.21%
	CWK	B	0.21%
	SRCL	A	0.21%
	EBS	F	0.21%
	DEI	B	0.21%
	SN	B	0.21%
	UNIT	C	0.21%
	AWI	B	0.21%
	ESI	D	0.21%
	CUBE	B	0.21%
	LOPE	D	0.21%
	NNN	C	0.2%
	ACHC	C	0.2%
	Z	B	0.2%
	KEX	C	0.2%
	GIII	C	0.2%
	CUZ	B	0.2%
	AMKR	F	0.2%
	SMCI	F	0.2%
	CR	C	0.2%
	ENS	D	0.2%
	CROX	D	0.2%
	GHC	B	0.2%
	KRC	B	0.2%
	AMH	C	0.2%
	SBRA	C	0.2%
	OLLI	C	0.19%
	MAT	C	0.19%
	ENTG	F	0.19%
	ATGE	C	0.19%
	MPWR	C	0.19%
	SIG	C	0.19%
	VRT	C	0.19%
	CXW	F	0.19%
	SAIA	D	0.19%
	FUL	C	0.19%
	GMS	D	0.19%
	TTMI	D	0.19%
	FDS	C	0.19%
	PATK	B	0.19%
	NYT	C	0.19%
	COMM	C	0.19%
	PNFP	B	0.19%
	PFSI	C	0.19%
	WTFC	B	0.19%
	ASH	D	0.19%
	VSCO	C	0.18%
	URBN	F	0.18%
	UAA	C	0.18%
	HE	F	0.18%
	ZM	C	0.18%
	HXL	F	0.18%
	BCO	B	0.18%
	IMKTA	D	0.18%
	KNF	B	0.18%
	TEX	F	0.18%
	CSGP	D	0.18%
	COLM	C	0.18%
	INCY	C	0.18%
	SBH	B	0.18%
	ACIW	B	0.18%
	OMI	D	0.17%
	ARCB	D	0.17%
	EXEL	C	0.17%
	ACA	B	0.17%
	BFAM	C	0.17%
	WTM	D	0.17%
	VVV	D	0.17%
	THS	C	0.17%
	BYD	C	0.17%
	SSD	D	0.17%
	UNF	C	0.17%
	PCH	C	0.17%
	MTCH	C	0.17%
	EEFT	D	0.17%
	HRI	D	0.17%
	PSMT	B	0.17%
	MOD	A	0.17%
	LFUS	C	0.17%
	BIO	C	0.17%
	COKE	C	0.16%
	CNK	C	0.16%
	APLE	D	0.16%
	LITE	B	0.16%
	GMED	D	0.16%
	VEEV	C	0.16%
	CHDN	C	0.16%
	JELD	D	0.16%
	OUT	C	0.16%
	ENVA	C	0.16%
	SVC	D	0.15%
	SKY	B	0.15%
	H	C	0.15%
	RYN	C	0.15%
	JBGS	C	0.15%
	BDC	B	0.15%
	DASH	C	0.15%
	VSTS	D	0.15%
	LGIH	C	0.15%
	TYL	C	0.15%
	ICUI	B	0.15%
	NVST	D	0.15%
	NEU	D	0.15%
	EPR	B	0.15%
	CVLT	B	0.15%
	ROL	C	0.15%
	FN	D	0.15%
	WYNN	D	0.15%
	ENSG	B	0.15%
	PBI	D	0.14%
	SNDR	B	0.14%
	AMED	C	0.14%
	RGLD	C	0.14%
	MTDR	F	0.14%
	SAH	D	0.14%
	APG	D	0.14%
	MKTX	C	0.14%
	SITE	C	0.14%
	SIGI	D	0.14%
	VSTO	C	0.14%
	SKYW	C	0.14%
	CGNX	F	0.14%
	EAT	A	0.14%
	LAUR	C	0.14%
	PDM	B	0.14%
	ESAB	C	0.14%
	SLAB	D	0.14%
	SUM	D	0.14%
	VNT	F	0.14%
	KELYA	D	0.14%
	MTX	D	0.14%
	PPC	D	0.14%
	BXMT	C	0.14%
	CEIX	D	0.13%
	AMWD	D	0.13%
	AMRK	C	0.13%
	APP	C	0.13%
	KAR	D	0.13%
	CNXC	F	0.13%
	BGC	B	0.13%
	ITGR	A	0.13%
	WTS	C	0.13%
	WMS	D	0.13%
	ITRI	C	0.13%
	GTES	C	0.13%
	YELP	F	0.13%
	DNOW	D	0.13%
	HPP	D	0.13%
	PLUS	A	0.13%
	DOLE	A	0.13%
	LBRT	D	0.13%
	CVCO	A	0.13%
	SMTC	C	0.13%
	SCSC	D	0.13%
	WEX	C	0.13%
	FND	C	0.13%
	IDCC	B	0.12%
	BRKR	D	0.12%
	EPC	F	0.12%
	OPCH	C	0.12%
	TPL	B	0.12%
	EXLS	B	0.12%
	DRH	C	0.12%
	JBLU	D	0.12%
	ECPG	D	0.12%
	DORM	B	0.12%
	SCL	D	0.12%
	RH	B	0.12%
	RLJ	D	0.12%
	MASI	F	0.12%
	AMN	F	0.12%
	FELE	C	0.12%
	FR	B	0.12%
	FSS	D	0.12%
	DIOD	F	0.12%
	TDC	F	0.12%
	MANH	B	0.12%
	ZD	D	0.12%
	TCBI	B	0.12%
	FWRD	C	0.12%
	DLB	D	0.12%
	PLNT	B	0.12%
	BOOT	A	0.12%
	WWW	B	0.12%
	AIR	C	0.12%
	STAG	C	0.12%
	ABCB	B	0.12%
	IAC	C	0.12%
	PLTR	B	0.11%
	HLF	F	0.11%
	TREX	D	0.11%
	SKT	B	0.11%
	PBH	B	0.11%
	SHO	C	0.11%
	MORN	C	0.11%
	KRG	B	0.11%
	BMRN	F	0.11%
	PTC	D	0.11%
	NHC	D	0.11%
	TECH	C	0.11%
	NHI	C	0.11%
	TWLO	D	0.11%
	AZZ	D	0.11%
	TNET	F	0.11%
	ETSY	F	0.11%
	PSN	B	0.11%
	BDN	B	0.11%
	LRN	B	0.11%
	WDAY	D	0.11%
	MWA	B	0.11%
	PECO	B	0.11%
	IOSP	D	0.11%
	GNL	C	0.1%
	AEIS	D	0.1%
	MELI	B	0.1%
	IPGP	F	0.1%
	LXP	B	0.1%
	VSAT	F	0.1%
	AX	D	0.1%
	ENOV	D	0.1%
	AIN	D	0.1%
	ESRT	B	0.1%
	SLGN	B	0.1%
	ALEX	B	0.1%
	ATKR	F	0.1%
	PGRE	C	0.1%
	MSA	D	0.1%
	IBP	D	0.1%
	WSC	D	0.1%
	AMR	F	0.1%
	RIG	F	0.1%
	CHX	F	0.1%
	ICFI	B	0.1%
	UE	B	0.1%
	XHR	B	0.1%
	CENTA	F	0.09%
	REVG	D	0.09%
	FTDR	B	0.09%
	PINS	F	0.09%
	VIAV	D	0.09%
	CDE	C	0.09%
	TILE	B	0.09%
	IBKR	B	0.09%
	RBC	C	0.09%
	ONTO	D	0.09%
	OLED	C	0.09%
	BSIG	B	0.09%
	SNBR	C	0.09%
	JBT	D	0.09%
	ABR	B	0.09%
	AKR	B	0.09%
	HELE	D	0.09%
	NTCT	C	0.09%
	ESGR	D	0.09%
	WSFS	D	0.09%
	RHP	C	0.09%
	VC	F	0.09%
	NPO	D	0.09%
	CSTM	F	0.09%
	MD	C	0.09%
	EGP	B	0.09%
	TW	B	0.09%
	BKD	D	0.09%
	ATI	C	0.09%
	HL	C	0.09%
	ABNB	D	0.09%
	OSIS	D	0.09%
	HGV	F	0.09%
	ARI	F	0.09%
	CNXN	B	0.09%
	CNM	F	0.09%
	PMT	C	0.09%
	GFF	D	0.09%
	MMSI	B	0.09%
	ORA	C	0.09%
	CBZ	F	0.08%
	ADC	C	0.08%
	BGS	D	0.08%
	AMCX	F	0.08%
	HALO	C	0.08%
	TALO	D	0.08%
	AZEK	C	0.08%
	CAL	F	0.08%
	WNC	F	0.08%
	NVRI	D	0.08%
	PEB	D	0.08%
	EXPO	A	0.08%
	NSA	B	0.08%
	GOLF	D	0.08%
	UCTT	F	0.08%
	SYNA	F	0.08%
	CCO	C	0.08%
	NMIH	B	0.08%
	STRL	B	0.08%
	ESE	B	0.08%
	THRM	D	0.08%
	HAIN	D	0.08%
	HWKN	C	0.08%
	CPNG	B	0.08%
	SLG	B	0.08%
	GCI	C	0.08%
	AXL	F	0.08%
	NOW	B	0.08%
	HAE	F	0.08%
	FSLR	C	0.08%
	NGVT	D	0.08%
	BV	C	0.08%
	LADR	B	0.08%
	ROCK	D	0.08%
	HCSG	C	0.08%
	ROKU	C	0.08%
	PRDO	D	0.08%
	REXR	C	0.08%
	SAM	F	0.08%
	KFRC	D	0.08%
	ACCO	C	0.07%
	VRSN	D	0.07%
	MRTN	D	0.07%
	HLX	F	0.07%
	NBIX	F	0.07%
	MRCY	D	0.07%
	ALG	D	0.07%
	MYRG	F	0.07%
	OPEN	D	0.07%
	MMS	C	0.07%
	BMI	A	0.07%
	AAON	B	0.07%
	AGRO	C	0.07%
	LILAK	D	0.07%
	PLAB	F	0.07%
	DXCM	F	0.07%
	ATSG	D	0.07%
	PTVE	D	0.07%
	KLIC	F	0.07%
	TTD	B	0.07%
	COTY	F	0.07%
	MRC	D	0.07%
	MTRN	F	0.07%
	MEDP	F	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%
	DFIN	B	0.07%
	CNX	B	0.07%
	RAMP	F	0.07%
	KAI	C	0.07%
	CORT	C	0.07%
	PAYC	D	0.07%
	RYI	D	0.07%
	IRT	B	0.07%
	POWI	F	0.07%
	OMCL	C	0.07%
	FORM	F	0.07%
	COMP	C	0.07%
	RNG	F	0.07%
	YETI	D	0.07%
	OII	D	0.07%
	ROIC	B	0.07%
	LGF.A	F	0.07%
	KN	D	0.07%
	PUMP	D	0.06%
	VBTX	B	0.06%
	MATX	B	0.06%
	AGX	B	0.06%
	EFSC	B	0.06%
	PJT	B	0.06%
	BXC	D	0.06%
	OEC	F	0.06%
	OFG	C	0.06%
	CRL	F	0.06%
	KWR	D	0.06%
	DEA	B	0.06%
	TRNO	C	0.06%
	TRIP	F	0.06%
	HMST	C	0.06%
	WING	B	0.06%
	SCVL	B	0.06%
	MMI	C	0.06%
	SWBI	F	0.06%
	ZWS	A	0.06%
	AAL	D	0.06%
	PRAA	D	0.06%
	ANDE	D	0.06%
	CWST	D	0.06%
	WDFC	C	0.06%
	TRS	D	0.06%
	VRRM	D	0.06%
	ROAD	B	0.06%
	BLKB	C	0.06%
	BLD	D	0.06%
	FTI	D	0.06%
	ENPH	D	0.06%
	CNSL	B	0.06%
	ALK	C	0.06%
	ADUS	B	0.06%
	NX	F	0.06%
	SABR	D	0.06%
	SXI	C	0.06%
	NBR	F	0.06%
	BSY	D	0.06%
	CARG	B	0.06%
	DHT	D	0.06%
	AAN	C	0.06%
	BNL	B	0.06%
	NTGR	C	0.06%
	CHE	C	0.06%
	CASH	B	0.06%
	DBX	D	0.06%
	ILPT	C	0.06%
	BZH	B	0.06%
	BUSE	C	0.06%
	CUBI	F	0.06%
	KOP	F	0.06%
	INVA	B	0.06%
	ZUMZ	D	0.06%
	ENV	C	0.06%
	HHH	C	0.06%
	JAZZ	D	0.06%
	ROG	F	0.06%
	CMPR	D	0.06%
	FOXF	D	0.05%
	STNE	F	0.05%
	PRA	C	0.05%
	LPG	F	0.05%
	EXAS	C	0.05%
	CVGW	C	0.05%
	ASTE	D	0.05%
	ERIE	B	0.05%
	DXPE	C	0.05%
	RWT	B	0.05%
	SONO	D	0.05%
	LTC	C	0.05%
	RDNT	B	0.05%
	FBNC	B	0.05%
	HTLD	D	0.05%
	SMPL	D	0.05%
	SGH	F	0.05%
	IHRT	D	0.05%
	SUPN	C	0.05%
	NEOG	D	0.05%
	WFRD	F	0.05%
	CBL	D	0.05%
	W	D	0.05%
	CRK	D	0.05%
	UIS	C	0.05%
	CTS	D	0.05%
	TSE	C	0.05%
	GCO	D	0.05%
	PLAY	F	0.05%
	SMP	C	0.05%
	AZTA	F	0.05%
	NOVT	D	0.05%
	GPRE	F	0.05%
	MYGN	C	0.05%
	PRGS	C	0.05%
	FHI	A	0.05%
	CPS	F	0.05%
	SXC	F	0.05%
	PAGS	F	0.05%
	JBSS	D	0.05%
	PRFT	B	0.05%
	ZIMV	F	0.05%
	LBRDK	F	0.05%
	GFS	F	0.05%
	ALIT	D	0.05%
	FCPT	C	0.05%
	EPRT	B	0.05%
	SENEA	C	0.05%
	CWH	C	0.05%
	RDUS	D	0.05%
	PSTG	F	0.05%
	CHEF	D	0.05%
	WHD	C	0.05%
	AEO	F	0.05%
	EPAC	B	0.05%
	QLYS	F	0.05%
	EXPI	C	0.05%
	EYE	F	0.05%
	ASIX	C	0.05%
	CNMD	D	0.05%
	LYFT	D	0.05%
	GLOB	D	0.05%
	MODG	F	0.05%
	HURN	C	0.05%
	TRTX	C	0.05%
	HQY	C	0.05%
	THRY	D	0.05%
	KTOS	C	0.05%
	DCO	A	0.04%
	PEGA	C	0.04%
	PRLB	F	0.04%
	VRNT	F	0.04%
	CRAI	D	0.04%
	PARR	F	0.04%
	NVEE	F	0.04%
	KREF	B	0.04%
	SBSI	B	0.04%
	SHEN	F	0.04%
	TEN	D	0.04%
	UTL	C	0.04%
	RES	D	0.04%
	SPSC	D	0.04%
	TNK	F	0.04%
	SEB	D	0.04%
	GRBK	B	0.04%
	BBSI	B	0.04%
	EVRI	C	0.04%
	EBF	B	0.04%
	PTON	C	0.04%
	ECVT	F	0.04%
	COHU	F	0.04%
	CMRE	D	0.04%
	SFIX	D	0.04%
	GLDD	B	0.04%
	DAC	D	0.04%
	EAF	D	0.04%
	AVNS	B	0.04%
	INSW	D	0.04%
	BRC	C	0.04%
	RGEN	F	0.04%
	WOOF	C	0.04%
	MTUS	F	0.04%
	LNN	D	0.04%
	HVT	D	0.04%
	WTTR	D	0.04%
	WRLD	D	0.04%
	CLVT	D	0.04%
	USNA	F	0.04%
	LKFN	C	0.04%
	CNNE	D	0.04%
	EGBN	C	0.04%
	CPF	B	0.04%
	GDOT	C	0.04%
	ETH	D	0.04%
	ACLS	F	0.04%
	TBI	F	0.04%
	CMCO	F	0.04%
	LIVN	D	0.04%
	EVTC	D	0.04%
	UVE	C	0.04%
	AHCO	C	0.04%
	PRIM	B	0.04%
	CLW	F	0.04%
	TUP	F	0.04%
	STEP	B	0.04%
	ICHR	F	0.04%
	PODD	B	0.04%
	BRBR	C	0.04%
	IART	F	0.04%
	BRSP	D	0.03%
	PLOW	C	0.03%
	RUN	C	0.03%
	DHIL	C	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	A	0.03%
	ALTO	D	0.03%
	HFWA	C	0.03%
	CLB	D	0.03%
	CSV	C	0.03%
	UFCS	D	0.03%
	BJRI	D	0.03%
	IVT	B	0.03%
	DBI	F	0.03%
	SGRY	C	0.03%
	ZI	D	0.03%
	MTW	F	0.03%
	AMC	F	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%
	ALKS	C	0.03%
	TCBK	D	0.03%
	HASI	C	0.03%
	CSR	B	0.03%
	TDOC	D	0.03%
	IPAR	F	0.03%
	CARS	D	0.03%
	VAL	F	0.03%
	OCFC	B	0.03%
	AVO	B	0.03%
	ALRM	F	0.03%
	MERC	F	0.03%
	RKT	C	0.03%
	HSII	C	0.03%
	ZEUS	F	0.03%
	MED	F	0.02%
	MXL	F	0.02%
	PLCE	C	0.02%
	VIR	F	0.02%
	MOV	F	0.02%
	AGL	F	0.02%
	OKTA	F	0.02%
	DIN	F	0.02%
	USM	C	0.02%
	GDEN	D	0.02%
	LEVI	C	0.02%
	GTLS	F	0.02%
	VREX	F	0.02%
	DENN	D	0.02%
	AGM	D	0.02%
	PRVA	F	0.02%
	LYV	B	0.02%
	KNSL	C	0.02%
	VSEC	C	0.02%
	OIS	D	0.02%
	ATNI	C	0.02%
	IRBT	F	0.02%
	TITN	F	0.02%
	CMP	D	0.02%
	CALX	D	0.02%
	DT	C	0.02%
	XPRO	F	0.02%
	USPH	F	0.02%
	FLGT	D	0.02%
	CCRN	F	0.02%
	MYE	D	0.02%
	FLWS	F	0.02%
	DAY	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%
	CTRE	C	0.02%
	HLIO	D	0.02%
	CLOV	C	0.02%
	ASTH	B	0.02%
	VCTR	B	0.02%
	AMBC	D	0.02%
	CMTG	D	0.02%
	MODV	F	0.02%
	FIZZ	D	0.02%
	CCSI	C	0.02%
	RC	F	0.02%
	NPK	D	0.02%
	TOST	C	0.02%
	RGP	F	0.02%
	GTY	B	0.02%
	INMD	D	0.01%
	DNUT	D	0.01%
	THR	D	0.01%
	HAYN	D	0.01%
	MGPI	D	0.01%
	ONEW	F	0.01%
	EVH	C	0.01%
	PEBO	C	0.01%
	SPWH	D	0.01%
	LXU	D	0.01%
	TBBK	B	0.01%
	NIC	C	0.01%
	PFBC	D	0.01%
	REX	D	0.01%
	CRVL	B	0.01%
	SNEX	B	0.01%
	NBHC	D	0.01%
	FBK	B	0.01%
	NR	D	0.01%
	VTOL	D	0.01%
	HLNE	B	0.01%
	AMRC	C	0.01%
	IIPR	B	0.01%
	HOV	C	0.01%
	CMTL	D	0.01%
	IIIN	D	0.01%
	LGND	C	0.01%
	MBUU	D	0.01%
	TK	C	0.01%
	AOSL	D	0.01%
	IRWD	F	0.01%
	KE	F	0.01%
	LESL	F	0.01%
	AMSF	C	0.01%
	PETS	D	0.01%
	GPRO	D	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%
	SEDG	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	F	0.0%
	GSM	F	0.0%
	AMPH	C	0.0%
	CENT	F	0.0%
	MSBI	D	0.0%

FNDA Underweight 318 Positions Relative to VYM

	Symbol	Grade	Weight
	AVGO	C	-4.22%
	JPM	D	-3.67%
	XOM	C	-3.02%
	PG	C	-2.31%
	JNJ	C	-2.28%
	HD	B	-2.08%
	ABBV	C	-1.98%
	WMT	C	-1.91%
	MRK	D	-1.71%
	KO	C	-1.6%
	BAC	D	-1.58%
	CVX	D	-1.41%
	PEP	C	-1.35%
	MCD	B	-1.19%
	WFC	D	-1.17%
	CSCO	C	-1.17%
	QCOM	D	-1.12%
	ABT	C	-1.12%
	TXN	C	-1.11%
	PM	C	-1.09%
	AMGN	B	-1.02%
	VZ	B	-1.0%
	CAT	B	-0.99%
	IBM	B	-0.97%
	PFE	C	-0.94%
	NEE	C	-0.94%
	RTX	C	-0.93%
	GS	C	-0.92%
	UNP	C	-0.89%
	CMCSA	D	-0.88%
	PGR	B	-0.84%
	LOW	B	-0.81%
	T	C	-0.81%
	HON	D	-0.77%
	BLK	B	-0.76%
	COP	D	-0.76%
	ETN	C	-0.7%
	MS	D	-0.69%
	LMT	C	-0.69%
	C	C	-0.68%
	MDT	C	-0.67%
	CB	B	-0.66%
	ADI	C	-0.66%
	ADP	B	-0.65%
	SBUX	C	-0.61%
	BMY	C	-0.58%
	BX	B	-0.58%
	CI	C	-0.57%
	GILD	B	-0.56%
	MDLZ	B	-0.55%
	INTC	F	-0.54%
	SO	B	-0.54%
	MO	C	-0.53%
	UPS	D	-0.53%
	DUK	C	-0.5%
	CL	D	-0.49%
	WM	D	-0.48%
	GD	B	-0.47%
	ITW	C	-0.43%
	PNC	B	-0.42%
	EOG	D	-0.42%
	MMM	B	-0.42%
	CVS	D	-0.41%
	TGT	C	-0.4%
	FDX	C	-0.39%
	USB	B	-0.37%
	NXPI	F	-0.37%
	MPC	F	-0.36%
	SLB	F	-0.36%
	AFL	C	-0.36%
	NEM	B	-0.35%
	APD	B	-0.35%
	TFC	C	-0.34%
	PSX	F	-0.34%
	EMR	D	-0.34%
	NSC	C	-0.33%
	WMB	B	-0.32%
	OKE	B	-0.31%
	AIG	D	-0.3%
	SRE	C	-0.3%
	TRV	C	-0.3%
	AEP	C	-0.3%
	BK	B	-0.29%
	KMB	D	-0.28%
	PCAR	D	-0.28%
	ALL	B	-0.28%
	JCI	B	-0.28%
	D	C	-0.27%
	VLO	F	-0.27%
	AMP	A	-0.26%
	MET	B	-0.26%
	FIS	B	-0.26%
	PRU	C	-0.25%
	MCHP	F	-0.25%
	F	F	-0.25%
	LHX	C	-0.25%
	KMI	B	-0.24%
	PAYX	C	-0.24%
	CMI	C	-0.24%
	PEG	B	-0.23%
	GIS	B	-0.23%
	YUM	D	-0.22%
	EXC	C	-0.22%
	KDP	B	-0.22%
	SYY	D	-0.22%
	FAST	C	-0.22%
	DOW	D	-0.21%
	HIG	B	-0.2%
	DFS	B	-0.2%
	FANG	D	-0.2%
	BKR	C	-0.2%
	ED	C	-0.2%
	DD	B	-0.2%
	KR	C	-0.2%
	HPQ	D	-0.2%
	EIX	C	-0.19%
	XEL	B	-0.19%
	ROK	D	-0.18%
	KHC	C	-0.18%
	GLW	C	-0.18%
	TRGP	B	-0.18%
	FITB	B	-0.17%
	VST	C	-0.17%
	WEC	C	-0.17%
	EBAY	B	-0.17%
	ADM	D	-0.17%
	PPG	D	-0.17%
	HAL	F	-0.16%
	CAH	C	-0.16%
	AWK	B	-0.16%
	DVN	F	-0.16%
	GRMN	D	-0.16%
	HSY	C	-0.16%
	MTB	B	-0.16%
	LYB	D	-0.15%
	ETR	B	-0.15%
	DTE	C	-0.15%
	STT	A	-0.15%
	IFF	B	-0.15%
	ES	C	-0.14%
	NTAP	D	-0.14%
	HPE	D	-0.14%
	FE	C	-0.14%
	TROW	D	-0.13%
	PPL	C	-0.13%
	CINF	B	-0.12%
	EL	F	-0.12%
	K	B	-0.12%
	HUBB	B	-0.12%
	RF	B	-0.12%
	HBAN	B	-0.12%
	BBY	C	-0.12%
	AEE	C	-0.12%
	NTRS	A	-0.11%
	PKG	B	-0.11%
	WRB	C	-0.11%
	DRI	B	-0.11%
	PFG	B	-0.11%
	STX	C	-0.11%
	BAX	C	-0.11%
	OMC	B	-0.11%
	CFG	C	-0.11%
	ATO	B	-0.11%
	EQT	D	-0.11%
	GPC	D	-0.11%
	SYF	C	-0.11%
	CMS	C	-0.11%
	MKC	C	-0.11%
	IP	B	-0.1%
	EG	C	-0.1%
	WSM	D	-0.1%
	LUV	C	-0.1%
	CNP	C	-0.1%
	DGX	B	-0.1%
	SWKS	D	-0.1%
	CTRA	D	-0.1%
	TSN	C	-0.1%
	NRG	C	-0.1%
	LNT	B	-0.09%
	FNF	B	-0.09%
	CF	C	-0.09%
	CLX	C	-0.09%
	SWK	B	-0.09%
	KEY	B	-0.09%
	MRO	C	-0.09%
	RS	D	-0.09%
	WSO	C	-0.09%
	CCEP	B	-0.09%
	DKS	D	-0.08%
	EQH	C	-0.08%
	BG	D	-0.08%
	VTRS	D	-0.08%
	RGA	C	-0.08%
	SNA	C	-0.08%
	RPM	B	-0.08%
	CAG	C	-0.08%
	NI	B	-0.08%
	OVV	F	-0.07%
	EWBC	D	-0.07%
	CE	F	-0.07%
	SJM	C	-0.07%
	ALLY	F	-0.07%
	CHRW	B	-0.07%
	EMN	B	-0.07%
	BAP	B	-0.07%
	AES	C	-0.07%
	IPG	C	-0.07%
	JNPR	B	-0.07%
	EVRG	B	-0.07%
	CHK	D	-0.06%
	FOXA	B	-0.06%
	DOX	C	-0.06%
	PNW	C	-0.06%
	AIZ	B	-0.06%
	APA	F	-0.06%
	UNM	B	-0.06%
	JEF	B	-0.06%
	LKQ	F	-0.06%
	HII	D	-0.06%
	NVT	D	-0.06%
	DINO	F	-0.05%
	BERY	B	-0.05%
	FMC	C	-0.05%
	ACI	F	-0.05%
	CG	D	-0.05%
	EVR	A	-0.05%
	INGR	B	-0.05%
	CNH	D	-0.05%
	ORI	B	-0.05%
	FHN	D	-0.05%
	MOS	F	-0.05%
	TPR	C	-0.05%
	TAP	D	-0.05%
	HRL	C	-0.05%
	HAS	B	-0.05%
	AFG	B	-0.05%
	CPB	C	-0.05%
	IVZ	B	-0.04%
	R	A	-0.04%
	VFC	C	-0.04%
	FAF	B	-0.04%
	RHI	D	-0.04%
	LEA	F	-0.04%
	RL	C	-0.04%
	WBA	F	-0.04%
	SNV	C	-0.04%
	MTG	B	-0.04%
	JXN	A	-0.04%
	BBWI	F	-0.04%
	MTN	D	-0.04%
	OSK	F	-0.04%
	ZION	D	-0.04%
	VOYA	B	-0.04%
	BPOP	C	-0.04%
	ALV	F	-0.04%
	CMA	B	-0.04%
	CRBG	D	-0.04%
	OGE	C	-0.04%
	PII	D	-0.03%
	GAP	F	-0.03%
	HOG	C	-0.03%
	PARA	F	-0.03%
	SLM	D	-0.03%
	POR	C	-0.03%
	AL	D	-0.03%
	JHG	B	-0.03%
	AVT	C	-0.03%
	SEE	D	-0.03%
	FOX	B	-0.03%
	THG	B	-0.03%
	UGI	C	-0.03%
	MDU	C	-0.03%
	WHR	D	-0.03%
	BC	C	-0.03%
	NXST	D	-0.03%
	MUR	F	-0.03%
	NFG	B	-0.03%
	LNC	D	-0.03%
	SON	C	-0.03%
	OMF	D	-0.03%
	AGCO	D	-0.03%
	BEN	F	-0.03%
	OGN	D	-0.03%
	YOU	C	-0.02%
	AAP	F	-0.02%
	CC	F	-0.02%
	NWL	C	-0.02%
	BTU	D	-0.02%
	PAG	D	-0.02%
	MAN	C	-0.02%
	PBF	F	-0.02%
	ABM	D	-0.02%
	HUN	D	-0.02%
	CNO	B	-0.02%
	PRGO	D	-0.02%
	WU	F	-0.02%
	M	F	-0.02%
	FLO	C	-0.02%
	FG	D	-0.01%
	DK	F	-0.01%
	XRX	D	-0.01%
	NAVI	C	-0.01%
	DAN	F	-0.01%
	SYBT	A	-0.01%
	LEG	D	-0.01%
	WLY	C	-0.01%
	KSS	F	-0.01%
	TDS	C	-0.01%
	ARCH	F	-0.01%
	CRI	D	-0.01%
	TGNA	D	-0.01%
	VAC	F	-0.01%
	LSXMK	D	-0.0%
	RBCAA	B	-0.0%
	SIRI	C	-0.0%
	TFSL	C	-0.0%
	UI	B	-0.0%
	NFE	F	-0.0%

FNDA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Software - Application Diversified Industrials REIT - Diversified Business Services Specialty Chemicals Asset Management Packaged Foods Biotechnology Oil & Gas E&P Oil & Gas Equipment & Services Specialty Retail Engineering & Construction Insurance - Property & Casualty REIT - Retail Semiconductors Building Materials Capital Markets Restaurants Shipping & Ports

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Computing Chemical Construction Insurance Mining Real Estate Loans Commercial Banking Natural Gas Electronics Aerospace Telecommunications Medicine S&P 500 Semiconductor Transport Clothing

VYM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Asset Management Oil & Gas E&P Packaged Foods Insurance - Property & Casualty Utilities - Diversified Utilities - Regulated Gas Diversified Industrials Restaurants Semiconductors Specialty Chemicals Insurance - Life Capital Markets Chemicals Credit Services Drug Manufacturers - Major Household & Personal Products Insurance - Diversified Oil & Gas Refining & Marketing

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Nasdaq 100 Real Estate Loans Investment Bank Investment Management Mining Commercial Bank Insurance Products Chemical Life Insurance Trust Services Cash Management Aerospace