FNDB vs. PBP ETF Comparison

Comparison of Schwab Fundamental U.S. Broad Market Index ETF (FNDB) to PowerShares S&P 500 BuyWrite Portfolio (PBP)

FNDB

Schwab Fundamental U.S. Broad Market Index ETF

FNDB Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Index. To pursue its goal, the fund generally invests in stocks that are included in the Russell Fundamental U.S. 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

$70.06

Average Daily Volume

30,159

Number of Holdings ^*

1665

* may have additional holdings in another (foreign) market

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500Â® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$22.93

Average Daily Volume

12,692

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	FNDB	PBP
30 Days	3.03%	1.54%
60 Days	4.02%	4.38%
90 Days	6.92%	5.16%
12 Months	25.95%	15.04%

491 Overlapping Holdings

Symbol	Grade	Weight in FNDB	Weight in PBP	Overlap
A	C	0.06%	0.09%	0.06%
AAL	D	0.01%	0.02%	0.01%
AAPL	C	4.19%	6.94%	4.19%
ABBV	C	0.56%	0.74%	0.56%
ABNB	D	0.01%	0.11%	0.01%
ABT	C	0.32%	0.44%	0.32%
ACGL	C	0.04%	0.09%	0.04%
ACN	C	0.32%	0.48%	0.32%
ADBE	F	0.2%	0.57%	0.2%
ADI	C	0.12%	0.24%	0.12%
ADM	D	0.21%	0.06%	0.06%
ADP	B	0.14%	0.25%	0.14%
ADSK	C	0.03%	0.12%	0.03%
AEE	C	0.06%	0.05%	0.05%
AEP	C	0.17%	0.12%	0.12%
AES	C	0.06%	0.03%	0.03%
AFL	C	0.21%	0.12%	0.12%
AIG	D	0.26%	0.1%	0.1%
AIZ	B	0.03%	0.02%	0.02%
AJG	D	0.05%	0.14%	0.05%
AKAM	D	0.03%	0.03%	0.03%
ALB	D	0.02%	0.02%	0.02%
ALGN	D	0.02%	0.03%	0.02%
ALL	B	0.27%	0.11%	0.11%
ALLE	B	0.02%	0.03%	0.02%
AMAT	D	0.23%	0.33%	0.23%
AMCR	B	0.02%	0.03%	0.02%
AMD	D	0.09%	0.53%	0.09%
AME	C	0.04%	0.08%	0.04%
AMGN	B	0.45%	0.38%	0.38%
AMP	A	0.11%	0.09%	0.09%
AMT	C	0.13%	0.24%	0.13%
AMZN	C	1.32%	3.7%	1.32%
ANET	B	0.03%	0.2%	0.03%
ANSS	D	0.02%	0.06%	0.02%
AON	B	0.12%	0.16%	0.12%
AOS	D	0.02%	0.02%	0.02%
APA	F	0.03%	0.02%	0.02%
APD	B	0.11%	0.13%	0.11%
APH	D	0.08%	0.16%	0.08%
APTV	D	0.04%	0.04%	0.04%
ARE	C	0.03%	0.04%	0.03%
ATO	B	0.04%	0.04%	0.04%
AVB	B	0.05%	0.07%	0.05%
AVGO	C	0.64%	1.55%	0.64%
AVY	C	0.04%	0.04%	0.04%
AWK	B	0.04%	0.06%	0.04%
AXP	B	0.34%	0.31%	0.31%
AZO	D	0.06%	0.12%	0.06%
BA	F	0.13%	0.2%	0.13%
BAC	D	1.14%	0.57%	0.57%
BALL	C	0.06%	0.04%	0.04%
BAX	C	0.08%	0.04%	0.04%
BBWI	F	0.02%	0.01%	0.01%
BBY	C	0.17%	0.04%	0.04%
BDX	D	0.1%	0.15%	0.1%
BEN	F	0.04%	0.01%	0.01%
BG	D	0.1%	0.03%	0.03%
BIIB	F	0.1%	0.06%	0.06%
BIO	C	0.01%	0.01%	0.01%
BK	B	0.24%	0.11%	0.11%
BKNG	C	0.19%	0.28%	0.19%
BKR	C	0.13%	0.07%	0.07%
BLDR	C	0.04%	0.05%	0.04%
BLK	B	0.24%	0.27%	0.24%
BMY	C	0.33%	0.21%	0.21%
BR	D	0.03%	0.05%	0.03%
BRK.A	C	2.13%	1.76%	1.76%
BRO	C	0.02%	0.05%	0.02%
BSX	B	0.09%	0.27%	0.09%
BWA	D	0.04%	0.02%	0.02%
BX	B	0.1%	0.23%	0.1%
BXP	B	0.05%	0.02%	0.02%
C	D	0.97%	0.24%	0.24%
CAG	C	0.06%	0.03%	0.03%
CAH	C	0.07%	0.06%	0.06%
CARR	B	0.12%	0.14%	0.12%
CAT	B	0.36%	0.36%	0.36%
CB	B	0.27%	0.25%	0.25%
CBOE	C	0.02%	0.05%	0.02%
CBRE	A	0.12%	0.08%	0.08%
CCI	C	0.1%	0.11%	0.1%
CCL	C	0.05%	0.04%	0.04%
CDNS	D	0.03%	0.16%	0.03%
CDW	D	0.05%	0.06%	0.05%
CE	F	0.05%	0.03%	0.03%
CEG	C	0.09%	0.13%	0.09%
CF	C	0.06%	0.03%	0.03%
CFG	C	0.09%	0.04%	0.04%
CHD	D	0.04%	0.05%	0.04%
CHRW	B	0.07%	0.03%	0.03%
CHTR	D	0.3%	0.07%	0.07%
CI	C	0.51%	0.22%	0.22%
CINF	C	0.07%	0.05%	0.05%
CL	D	0.15%	0.19%	0.15%
CLX	C	0.04%	0.04%	0.04%
CMCSA	D	0.7%	0.33%	0.33%
CME	C	0.07%	0.17%	0.07%
CMG	C	0.03%	0.17%	0.03%
CMI	C	0.16%	0.09%	0.09%
CMS	C	0.06%	0.04%	0.04%
CNC	D	0.23%	0.09%	0.09%
CNP	C	0.05%	0.04%	0.04%
COF	B	0.36%	0.11%	0.11%
COP	D	0.39%	0.26%	0.26%
COST	B	0.68%	0.88%	0.68%
CPAY	B	0.05%	0.05%	0.05%
CPB	C	0.03%	0.02%	0.02%
CPRT	D	0.02%	0.09%	0.02%
CPT	B	0.02%	0.03%	0.02%
CRL	F	0.01%	0.02%	0.01%
CRM	D	0.11%	0.53%	0.11%
CSCO	C	0.68%	0.43%	0.43%
CSGP	D	0.01%	0.07%	0.01%
CSX	D	0.2%	0.14%	0.14%
CTAS	B	0.08%	0.15%	0.08%
CTLT	B	0.02%	0.02%	0.02%
CTRA	F	0.01%	0.04%	0.01%
CTSH	C	0.17%	0.08%	0.08%
CTVA	B	0.08%	0.08%	0.08%
CVS	D	0.63%	0.16%	0.16%
CVX	D	0.99%	0.52%	0.52%
CZR	C	0.02%	0.02%	0.02%
D	C	0.18%	0.1%	0.1%
DAL	C	0.02%	0.06%	0.02%
DAY	D	0.0%	0.02%	0.0%
DD	B	0.17%	0.07%	0.07%
DE	B	0.2%	0.22%	0.2%
DECK	C	0.03%	0.05%	0.03%
DFS	C	0.2%	0.07%	0.07%
DG	F	0.08%	0.04%	0.04%
DGX	B	0.07%	0.04%	0.04%
DHI	B	0.18%	0.12%	0.12%
DHR	B	0.16%	0.39%	0.16%
DIS	D	0.35%	0.35%	0.35%
DLR	B	0.07%	0.11%	0.07%
DLTR	F	0.04%	0.03%	0.03%
DOC	C	0.04%	0.03%	0.03%
DOV	B	0.06%	0.06%	0.06%
DOW	D	0.18%	0.08%	0.08%
DPZ	F	0.03%	0.03%	0.03%
DRI	B	0.04%	0.04%	0.04%
DTE	C	0.08%	0.06%	0.06%
DUK	C	0.31%	0.19%	0.19%
DVA	B	0.06%	0.02%	0.02%
DVN	F	0.08%	0.05%	0.05%
DXCM	F	0.0%	0.06%	0.0%
EA	D	0.08%	0.08%	0.08%
EBAY	B	0.18%	0.07%	0.07%
ECL	B	0.09%	0.14%	0.09%
ED	C	0.12%	0.08%	0.08%
EFX	B	0.03%	0.08%	0.03%
EG	C	0.02%	0.04%	0.02%
EIX	C	0.1%	0.07%	0.07%
EL	F	0.03%	0.04%	0.03%
ELV	C	0.47%	0.27%	0.27%
EMN	B	0.07%	0.03%	0.03%
EMR	D	0.14%	0.13%	0.13%
ENPH	D	0.0%	0.03%	0.0%
EOG	D	0.19%	0.15%	0.15%
EPAM	F	0.01%	0.03%	0.01%
EQIX	C	0.08%	0.18%	0.08%
EQR	B	0.05%	0.06%	0.05%
EQT	D	0.04%	0.04%	0.04%
ES	C	0.08%	0.05%	0.05%
ESS	B	0.03%	0.04%	0.03%
ETN	C	0.2%	0.26%	0.2%
ETR	B	0.1%	0.06%	0.06%
ETSY	F	0.01%	0.01%	0.01%
EVRG	B	0.07%	0.03%	0.03%
EW	F	0.03%	0.09%	0.03%
EXC	C	0.17%	0.09%	0.09%
EXPD	C	0.02%	0.04%	0.02%
EXPE	C	0.03%	0.04%	0.03%
EXR	B	0.04%	0.08%	0.04%
F	F	0.29%	0.09%	0.09%
FANG	D	0.04%	0.07%	0.04%
FAST	C	0.06%	0.09%	0.06%
FCX	D	0.13%	0.13%	0.13%
FDS	C	0.01%	0.04%	0.01%
FDX	C	0.3%	0.14%	0.14%
FE	C	0.09%	0.05%	0.05%
FFIV	B	0.03%	0.03%	0.03%
FICO	B	0.02%	0.1%	0.02%
FIS	B	0.12%	0.1%	0.1%
FITB	B	0.12%	0.06%	0.06%
FMC	C	0.03%	0.02%	0.02%
FOXA	B	0.08%	0.02%	0.02%
FRT	C	0.02%	0.02%	0.02%
FSLR	C	0.02%	0.05%	0.02%
FTNT	C	0.03%	0.1%	0.03%
FTV	C	0.03%	0.06%	0.03%
GD	B	0.21%	0.15%	0.15%
GDDY	C	0.02%	0.05%	0.02%
GE	B	0.16%	0.4%	0.16%
GEHC	C	0.07%	0.08%	0.07%
GEV	B	0.04%	0.13%	0.04%
GILD	B	0.33%	0.22%	0.22%
GIS	B	0.12%	0.09%	0.09%
GL	C	0.03%	0.02%	0.02%
GLW	C	0.13%	0.07%	0.07%
GM	C	0.64%	0.11%	0.11%
GNRC	D	0.02%	0.02%	0.02%
GOOG	D	0.99%	1.64%	0.99%
GOOGL	D	1.13%	1.96%	1.13%
GPC	D	0.05%	0.04%	0.04%
GPN	D	0.07%	0.06%	0.06%
GRMN	D	0.04%	0.06%	0.04%
GS	C	0.52%	0.33%	0.33%
GWW	B	0.07%	0.1%	0.07%
HAL	F	0.05%	0.05%	0.05%
HAS	B	0.03%	0.02%	0.02%
HBAN	B	0.06%	0.04%	0.04%
HCA	B	0.23%	0.16%	0.16%
HD	B	0.73%	0.8%	0.73%
HES	F	0.04%	0.08%	0.04%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.04%	0.02%	0.02%
HLT	B	0.05%	0.12%	0.05%
HOLX	C	0.04%	0.04%	0.04%
HON	D	0.32%	0.29%	0.29%
HPE	D	0.17%	0.05%	0.05%
HPQ	D	0.19%	0.06%	0.06%
HRL	C	0.03%	0.02%	0.02%
HSIC	C	0.04%	0.02%	0.02%
HST	C	0.04%	0.03%	0.03%
HSY	C	0.04%	0.06%	0.04%
HUBB	B	0.03%	0.05%	0.03%
HUM	F	0.19%	0.08%	0.08%
HWM	B	0.06%	0.08%	0.06%
IBM	B	0.57%	0.42%	0.42%
ICE	C	0.12%	0.2%	0.12%
IDXX	C	0.02%	0.09%	0.02%
IEX	D	0.02%	0.03%	0.02%
IFF	B	0.06%	0.06%	0.06%
INCY	C	0.01%	0.02%	0.01%
INTC	F	0.55%	0.18%	0.18%
INTU	C	0.1%	0.39%	0.1%
INVH	C	0.03%	0.05%	0.03%
IP	B	0.14%	0.04%	0.04%
IPG	C	0.04%	0.02%	0.02%
IQV	C	0.08%	0.09%	0.08%
IR	C	0.03%	0.08%	0.03%
IRM	C	0.07%	0.07%	0.07%
ISRG	B	0.08%	0.38%	0.08%
IT	B	0.03%	0.09%	0.03%
ITW	C	0.13%	0.15%	0.13%
IVZ	B	0.04%	0.02%	0.02%
J	C	0.05%	0.04%	0.04%
JBHT	D	0.04%	0.03%	0.03%
JBL	D	0.05%	0.03%	0.03%
JCI	B	0.14%	0.1%	0.1%
JKHY	B	0.02%	0.03%	0.02%
JNJ	C	0.93%	0.86%	0.86%
JNPR	B	0.05%	0.03%	0.03%
JPM	D	1.81%	1.28%	1.28%
K	B	0.07%	0.05%	0.05%
KDP	B	0.08%	0.08%	0.08%
KEY	B	0.09%	0.03%	0.03%
KEYS	C	0.03%	0.06%	0.03%
KHC	C	0.1%	0.06%	0.06%
KIM	C	0.03%	0.03%	0.03%
KKR	B	0.11%	0.17%	0.11%
KLAC	D	0.09%	0.21%	0.09%
KMB	D	0.11%	0.1%	0.1%
KMI	B	0.18%	0.09%	0.09%
KMX	D	0.06%	0.03%	0.03%
KO	C	0.4%	0.6%	0.4%
KR	C	0.28%	0.08%	0.08%
KVUE	C	0.03%	0.1%	0.03%
L	C	0.05%	0.03%	0.03%
LDOS	B	0.07%	0.05%	0.05%
LEN	B	0.18%	0.1%	0.1%
LHX	C	0.15%	0.09%	0.09%
LIN	B	0.33%	0.49%	0.33%
LKQ	F	0.05%	0.02%	0.02%
LLY	C	0.25%	1.61%	0.25%
LMT	C	0.37%	0.26%	0.26%
LNT	B	0.04%	0.03%	0.03%
LOW	B	0.39%	0.31%	0.31%
LRCX	F	0.15%	0.21%	0.15%
LULU	D	0.02%	0.06%	0.02%
LUV	C	0.02%	0.04%	0.02%
LVS	D	0.03%	0.03%	0.03%
LW	D	0.01%	0.02%	0.01%
LYB	D	0.14%	0.05%	0.05%
LYV	B	0.0%	0.03%	0.0%
MA	B	0.26%	0.87%	0.26%
MAA	B	0.03%	0.04%	0.03%
MAR	C	0.07%	0.12%	0.07%
MAS	B	0.05%	0.04%	0.04%
MCD	B	0.32%	0.46%	0.32%
MCHP	F	0.05%	0.09%	0.05%
MCK	F	0.09%	0.14%	0.09%
MCO	B	0.07%	0.16%	0.07%
MDLZ	B	0.21%	0.22%	0.21%
MDT	C	0.25%	0.26%	0.25%
MET	B	0.24%	0.1%	0.1%
META	B	1.72%	2.49%	1.72%
MGM	F	0.05%	0.02%	0.02%
MHK	C	0.07%	0.02%	0.02%
MKC	C	0.04%	0.05%	0.04%
MKTX	C	0.01%	0.02%	0.01%
MLM	D	0.04%	0.07%	0.04%
MMC	C	0.14%	0.24%	0.14%
MMM	B	0.37%	0.16%	0.16%
MNST	D	0.04%	0.08%	0.04%
MO	C	0.36%	0.2%	0.2%
MOH	D	0.05%	0.04%	0.04%
MOS	F	0.05%	0.02%	0.02%
MPC	F	0.39%	0.12%	0.12%
MPWR	C	0.01%	0.09%	0.01%
MRK	D	0.47%	0.63%	0.47%
MRNA	F	0.04%	0.05%	0.04%
MRO	D	0.07%	0.03%	0.03%
MS	D	0.32%	0.26%	0.26%
MSCI	C	0.03%	0.1%	0.03%
MSFT	C	2.36%	6.86%	2.36%
MSI	B	0.06%	0.16%	0.06%
MTB	B	0.09%	0.06%	0.06%
MTCH	C	0.01%	0.02%	0.01%
MTD	D	0.03%	0.06%	0.03%
MU	F	0.33%	0.21%	0.21%
NDAQ	A	0.03%	0.07%	0.03%
NDSN	C	0.02%	0.03%	0.02%
NEE	C	0.27%	0.37%	0.27%
NEM	B	0.18%	0.13%	0.13%
NFLX	B	0.14%	0.64%	0.14%
NI	B	0.04%	0.03%	0.03%
NKE	D	0.17%	0.21%	0.17%
NOC	B	0.2%	0.16%	0.16%
NOW	B	0.02%	0.39%	0.02%
NRG	C	0.1%	0.04%	0.04%
NSC	C	0.19%	0.12%	0.12%
NTAP	D	0.07%	0.05%	0.05%
NTRS	A	0.06%	0.04%	0.04%
NUE	F	0.16%	0.07%	0.07%
NVDA	D	0.36%	6.34%	0.36%
NVR	B	0.07%	0.07%	0.07%
NWSA	D	0.04%	0.02%	0.02%
NXPI	F	0.07%	0.12%	0.07%
O	C	0.04%	0.12%	0.04%
ODFL	D	0.04%	0.07%	0.04%
OKE	B	0.12%	0.11%	0.11%
OMC	B	0.07%	0.04%	0.04%
ON	D	0.03%	0.06%	0.03%
ORCL	C	0.43%	0.56%	0.43%
ORLY	C	0.1%	0.14%	0.1%
OTIS	C	0.04%	0.08%	0.04%
OXY	F	0.1%	0.07%	0.07%
PANW	D	0.03%	0.24%	0.03%
PARA	F	0.09%	0.01%	0.01%
PAYC	D	0.01%	0.02%	0.01%
PAYX	C	0.06%	0.09%	0.06%
PCAR	D	0.12%	0.11%	0.11%
PCG	C	0.03%	0.09%	0.03%
PEG	C	0.11%	0.09%	0.09%
PEP	C	0.42%	0.53%	0.42%
PFE	C	0.69%	0.36%	0.36%
PFG	B	0.08%	0.04%	0.04%
PG	C	0.78%	0.89%	0.78%
PGR	B	0.24%	0.32%	0.24%
PH	B	0.11%	0.16%	0.11%
PHM	B	0.12%	0.06%	0.06%
PKG	B	0.06%	0.04%	0.04%
PLD	C	0.08%	0.26%	0.08%
PM	C	0.47%	0.42%	0.42%
PNC	B	0.27%	0.15%	0.15%
PNR	B	0.03%	0.03%	0.03%
PNW	C	0.04%	0.02%	0.02%
PODD	B	0.0%	0.04%	0.0%
POOL	C	0.02%	0.03%	0.02%
PPG	D	0.08%	0.06%	0.06%
PPL	C	0.11%	0.05%	0.05%
PRU	C	0.21%	0.09%	0.09%
PSA	B	0.06%	0.12%	0.06%
PSX	F	0.33%	0.12%	0.12%
PTC	D	0.01%	0.04%	0.01%
PWR	B	0.06%	0.09%	0.06%
PYPL	B	0.17%	0.16%	0.16%
QCOM	D	0.43%	0.4%	0.4%
QRVO	F	0.05%	0.02%	0.02%
RCL	B	0.03%	0.08%	0.03%
REG	C	0.02%	0.03%	0.02%
REGN	C	0.15%	0.27%	0.15%
RF	B	0.07%	0.04%	0.04%
RJF	C	0.04%	0.05%	0.04%
RL	C	0.03%	0.02%	0.02%
RMD	C	0.04%	0.08%	0.04%
ROK	D	0.05%	0.06%	0.05%
ROL	C	0.01%	0.03%	0.01%
ROP	C	0.05%	0.13%	0.05%
ROST	C	0.08%	0.11%	0.08%
RSG	D	0.06%	0.09%	0.06%
RTX	C	0.34%	0.35%	0.34%
SBAC	C	0.02%	0.06%	0.02%
SBUX	C	0.26%	0.24%	0.24%
SCHW	D	0.09%	0.2%	0.09%
SHW	B	0.08%	0.19%	0.08%
SJM	C	0.05%	0.03%	0.03%
SLB	F	0.1%	0.12%	0.1%
SMCI	F	0.01%	0.05%	0.01%
SNA	C	0.04%	0.03%	0.03%
SNPS	F	0.03%	0.16%	0.03%
SO	B	0.27%	0.21%	0.21%
SOLV	C	0.04%	0.02%	0.02%
SPG	B	0.1%	0.12%	0.1%
SPGI	B	0.14%	0.36%	0.14%
SRE	C	0.11%	0.11%	0.11%
STE	C	0.03%	0.05%	0.03%
STLD	F	0.08%	0.04%	0.04%
STT	B	0.09%	0.05%	0.05%
STX	C	0.09%	0.04%	0.04%
STZ	D	0.07%	0.09%	0.07%
SW	B	0.1%	0.05%	0.05%
SWK	B	0.08%	0.03%	0.03%
SWKS	D	0.05%	0.03%	0.03%
SYF	C	0.25%	0.04%	0.04%
SYK	C	0.12%	0.27%	0.12%
SYY	D	0.1%	0.08%	0.08%
T	C	1.27%	0.33%	0.33%
TAP	D	0.04%	0.02%	0.02%
TDG	B	0.07%	0.16%	0.07%
TDY	B	0.02%	0.04%	0.02%
TECH	C	0.01%	0.02%	0.01%
TEL	D	0.1%	0.1%	0.1%
TER	D	0.04%	0.04%	0.04%
TFC	C	0.21%	0.12%	0.12%
TFX	C	0.02%	0.02%	0.02%
TGT	C	0.35%	0.15%	0.15%
TJX	B	0.22%	0.29%	0.22%
TMO	B	0.27%	0.51%	0.27%
TMUS	C	0.22%	0.23%	0.22%
TPR	C	0.04%	0.02%	0.02%
TRGP	B	0.06%	0.07%	0.06%
TRMB	C	0.02%	0.03%	0.02%
TROW	D	0.11%	0.05%	0.05%
TRV	C	0.28%	0.12%	0.12%
TSCO	C	0.06%	0.07%	0.06%
TSLA	C	0.17%	1.38%	0.17%
TSN	C	0.19%	0.04%	0.04%
TT	B	0.08%	0.18%	0.08%
TTWO	C	0.02%	0.05%	0.02%
TXN	C	0.32%	0.39%	0.32%
TXT	D	0.06%	0.04%	0.04%
TYL	C	0.01%	0.05%	0.01%
UAL	C	0.02%	0.04%	0.02%
UBER	C	0.03%	0.31%	0.03%
UDR	C	0.02%	0.03%	0.02%
UHS	B	0.1%	0.03%	0.03%
ULTA	D	0.03%	0.04%	0.03%
UNH	C	1.16%	1.17%	1.16%
UNP	C	0.37%	0.33%	0.33%
UPS	D	0.23%	0.2%	0.2%
URI	B	0.11%	0.1%	0.1%
USB	B	0.28%	0.15%	0.15%
V	C	0.32%	0.97%	0.32%
VICI	C	0.02%	0.08%	0.02%
VLO	F	0.35%	0.09%	0.09%
VLTO	C	0.02%	0.05%	0.02%
VMC	D	0.04%	0.07%	0.04%
VRSK	D	0.04%	0.08%	0.04%
VRSN	D	0.01%	0.03%	0.01%
VRTX	D	0.07%	0.27%	0.07%
VST	C	0.11%	0.06%	0.06%
VTR	C	0.08%	0.06%	0.06%
VTRS	D	0.09%	0.03%	0.03%
VZ	B	1.22%	0.4%	0.4%
WAB	A	0.05%	0.06%	0.05%
WAT	C	0.03%	0.04%	0.03%
WBA	F	0.13%	0.01%	0.01%
WBD	D	0.05%	0.04%	0.04%
WDC	D	0.13%	0.04%	0.04%
WEC	C	0.08%	0.06%	0.06%
WELL	C	0.1%	0.17%	0.1%
WFC	D	0.99%	0.39%	0.39%
WM	D	0.14%	0.16%	0.14%
WMB	B	0.14%	0.12%	0.12%
WMT	C	1.4%	0.74%	0.74%
WRB	C	0.03%	0.04%	0.03%
WST	D	0.01%	0.05%	0.01%
WTW	C	0.06%	0.06%	0.06%
WY	C	0.09%	0.05%	0.05%
WYNN	D	0.01%	0.02%	0.01%
XEL	B	0.11%	0.08%	0.08%
XOM	C	1.78%	1.08%	1.08%
XYL	D	0.04%	0.07%	0.04%
YUM	D	0.08%	0.08%	0.08%
ZBH	F	0.04%	0.05%	0.04%
ZBRA	B	0.03%	0.04%	0.03%
ZTS	C	0.08%	0.19%	0.08%

FNDB Overweight 1174 Positions Relative to PBP

Symbol	Grade	Weight
LUMN	C	0.53%
ALLY	F	0.09%
ARW	C	0.08%
JLL	B	0.08%
USFD	B	0.07%
AVT	C	0.07%
X	F	0.07%
RS	D	0.07%
THC	A	0.07%
CMA	B	0.06%
VFC	C	0.06%
WHR	D	0.06%
R	A	0.06%
OGN	D	0.06%
FNF	B	0.06%
KSS	F	0.06%
ORI	B	0.05%
DINO	F	0.05%
UNM	B	0.05%
DXC	C	0.05%
MAN	C	0.05%
ZION	D	0.05%
AN	D	0.05%
OMF	D	0.05%
LNG	C	0.05%
PFGC	B	0.05%
LAD	D	0.05%
WSM	D	0.05%
M	F	0.05%
JEF	B	0.05%
SIRI	C	0.05%
LEA	F	0.05%
FLEX	C	0.05%
LNC	D	0.05%
CASY	D	0.05%
EME	B	0.05%
OC	D	0.05%
TOL	B	0.05%
THO	D	0.04%
JXN	A	0.04%
SSNC	B	0.04%
DOX	C	0.04%
CCK	A	0.04%
FYBR	C	0.04%
KNX	C	0.04%
PVH	F	0.04%
EVR	A	0.04%
GAP	F	0.04%
SATS	C	0.04%
BERY	B	0.04%
RGA	C	0.04%
ACM	B	0.04%
FAF	B	0.04%
ZIM	C	0.04%
ALSN	B	0.04%
MKL	C	0.04%
OVV	F	0.04%
UGI	C	0.04%
AFG	B	0.04%
TDS	C	0.04%
AA	D	0.04%
EQH	C	0.04%
GPI	B	0.04%
INGR	B	0.04%
VNO	C	0.04%
SFM	B	0.04%
DKS	D	0.04%
CSL	B	0.04%
KD	D	0.04%
MUSA	D	0.04%
AVTR	B	0.03%
RRX	C	0.03%
SUI	B	0.03%
CMC	D	0.03%
SAIC	C	0.03%
AER	B	0.03%
FHN	D	0.03%
BPOP	C	0.03%
SWN	D	0.03%
AGCO	D	0.03%
PBF	F	0.03%
JHG	B	0.03%
VOYA	B	0.03%
NWL	C	0.03%
TRU	B	0.03%
GT	F	0.03%
OLN	D	0.03%
CRBG	D	0.03%
CHKP	B	0.03%
MLI	B	0.03%
LII	B	0.03%
TPH	C	0.03%
MTZ	B	0.03%
GNW	B	0.03%
WCC	D	0.03%
OGE	C	0.03%
NXST	D	0.03%
ARMK	B	0.03%
SANM	D	0.03%
RHI	D	0.03%
BURL	B	0.03%
CCEP	B	0.03%
HBI	B	0.03%
KBH	A	0.03%
GPK	B	0.03%
CACI	B	0.03%
BCC	C	0.03%
ANF	D	0.03%
WSO	C	0.03%
OSK	F	0.03%
UFPI	C	0.03%
CNH	D	0.03%
FL	D	0.03%
HUN	D	0.03%
LPX	B	0.03%
APO	C	0.03%
RPM	B	0.03%
AMG	C	0.03%
SLG	C	0.03%
AYI	B	0.03%
SLM	D	0.03%
MTH	A	0.03%
WU	F	0.03%
BAH	C	0.03%
BAP	B	0.03%
CNO	B	0.03%
MRVL	C	0.03%
TMHC	A	0.03%
AWI	B	0.02%
FIX	B	0.02%
ELAN	D	0.02%
CUBE	C	0.02%
MIDD	D	0.02%
DBRG	D	0.02%
UNFI	C	0.02%
PB	B	0.02%
LOPE	D	0.02%
BWXT	D	0.02%
GATX	D	0.02%
GVA	B	0.02%
VMI	D	0.02%
WLK	D	0.02%
AVNT	B	0.02%
AGO	C	0.02%
WERN	D	0.02%
CAR	F	0.02%
SM	F	0.02%
AIT	A	0.02%
SCCO	D	0.02%
VIRT	C	0.02%
BECN	D	0.02%
WTRG	D	0.02%
PLXS	A	0.02%
RXO	D	0.02%
JAZZ	D	0.02%
ICLR	D	0.02%
CBT	B	0.02%
BHE	D	0.02%
GXO	D	0.02%
LECO	F	0.02%
SEM	D	0.02%
FCN	D	0.02%
LNW	B	0.02%
DHC	B	0.02%
MOG.A	B	0.02%
CC	F	0.02%
REZI	D	0.02%
ELS	C	0.02%
PRGO	D	0.02%
PENN	D	0.02%
TNL	D	0.02%
GEO	F	0.02%
BKH	B	0.02%
AGNC	B	0.02%
SQ	D	0.02%
DAR	F	0.02%
CHE	C	0.02%
XRAY	D	0.02%
SPR	D	0.02%
SPB	C	0.02%
CHK	D	0.02%
AEO	F	0.02%
HIW	B	0.02%
FLO	C	0.02%
CYH	B	0.02%
AL	D	0.02%
TGNA	D	0.02%
MKSI	F	0.02%
XPO	D	0.02%
MMS	C	0.02%
TKR	D	0.02%
SF	A	0.02%
FLS	D	0.02%
TTC	D	0.02%
HUBG	C	0.02%
BLD	D	0.02%
HEI	B	0.02%
FCNCA	D	0.02%
CRI	D	0.02%
HCC	F	0.02%
TTEK	C	0.02%
KBR	D	0.02%
ACI	F	0.02%
TXRH	C	0.02%
SWX	C	0.02%
POR	C	0.02%
ASGN	D	0.02%
SPOT	B	0.02%
GME	F	0.02%
TPX	C	0.02%
GGG	C	0.02%
LILAK	D	0.02%
UHAL	A	0.02%
MUR	F	0.02%
MAC	B	0.02%
ASO	C	0.02%
WWD	D	0.02%
RUSHA	C	0.02%
CRS	B	0.02%
WAL	B	0.02%
PRG	A	0.02%
NFG	B	0.02%
KMPR	D	0.02%
SLVM	B	0.02%
RDN	C	0.02%
XRX	D	0.02%
PAG	D	0.02%
BTU	D	0.02%
NAVI	C	0.02%
FTI	D	0.02%
NVT	D	0.02%
BKU	C	0.02%
ST	D	0.02%
QRTEA	F	0.02%
NOV	F	0.02%
MHO	B	0.02%
CLH	A	0.02%
DCI	C	0.02%
WPC	C	0.02%
MPW	C	0.02%
STWD	A	0.02%
TPC	C	0.02%
ABM	D	0.02%
GLPI	C	0.02%
DY	B	0.02%
AXTA	B	0.02%
CNX	B	0.02%
AR	F	0.02%
COIN	F	0.02%
ABG	D	0.02%
ATR	B	0.02%
POST	C	0.02%
PII	D	0.02%
OHI	B	0.02%
BJ	D	0.02%
MDU	C	0.02%
PRI	B	0.02%
PK	D	0.02%
CRUS	D	0.02%
EXP	B	0.02%
NSIT	D	0.02%
LAMR	B	0.02%
SEIC	C	0.02%
UTHR	C	0.02%
G	C	0.02%
BRX	B	0.02%
THG	B	0.02%
ALV	F	0.02%
SEE	D	0.02%
JWN	C	0.02%
SNV	C	0.02%
LSTR	D	0.02%
HOG	C	0.02%
SKX	D	0.02%
EHC	C	0.02%
SNX	D	0.02%
AAP	F	0.02%
CPRI	D	0.02%
CW	B	0.02%
CG	D	0.02%
BC	C	0.02%
LPLA	D	0.02%
MTG	B	0.02%
GNTX	F	0.02%
SON	C	0.02%
CIEN	C	0.02%
ILMN	C	0.02%
CLF	F	0.02%
ITT	B	0.02%
FLR	D	0.02%
HRB	C	0.02%
EWBC	D	0.02%
SCI	B	0.02%
RAMP	F	0.01%
HHH	C	0.01%
COMP	C	0.01%
INDB	C	0.01%
ROAD	B	0.01%
CNDT	C	0.01%
OPEN	D	0.01%
CORT	C	0.01%
HLX	F	0.01%
POWI	F	0.01%
UCTT	F	0.01%
HZO	C	0.01%
OMCL	C	0.01%
BLMN	F	0.01%
SCHL	D	0.01%
MRC	D	0.01%
NSP	F	0.01%
CODI	D	0.01%
LGF.A	F	0.01%
PEB	D	0.01%
CCOI	C	0.01%
WNC	F	0.01%
IRT	B	0.01%
MTRN	F	0.01%
NVRI	D	0.01%
RNG	F	0.01%
OII	D	0.01%
YETI	D	0.01%
NBTB	D	0.01%
BGS	D	0.01%
GWRE	A	0.01%
MATV	C	0.01%
KLG	C	0.01%
KN	D	0.01%
LADR	C	0.01%
NMIH	B	0.01%
CBZ	F	0.01%
CSWI	B	0.01%
AMCX	F	0.01%
AY	C	0.01%
AXL	F	0.01%
CNS	B	0.01%
MGY	C	0.01%
ROIC	C	0.01%
HALO	C	0.01%
HWKN	C	0.01%
PRK	C	0.01%
NWBI	C	0.01%
CACC	F	0.01%
SYNA	F	0.01%
PRDO	D	0.01%
EXPO	B	0.01%
IBKR	B	0.01%
CCO	C	0.01%
CPNG	B	0.01%
ADC	C	0.01%
STRL	B	0.01%
MGRC	F	0.01%
CWT	C	0.01%
ESE	B	0.01%
AZEK	C	0.01%
THRM	D	0.01%
NSA	B	0.01%
VIAV	D	0.01%
MD	C	0.01%
NTGR	C	0.01%
HCSG	C	0.01%
ONTO	D	0.01%
HAIN	D	0.01%
IBTX	B	0.01%
HAE	F	0.01%
MGEE	B	0.01%
GCI	C	0.01%
SAM	F	0.01%
KW	C	0.01%
CIVI	F	0.01%
JACK	F	0.01%
REXR	C	0.01%
GOLF	D	0.01%
SAFT	D	0.01%
TILE	B	0.01%
RRR	D	0.01%
JJSF	C	0.01%
FRME	D	0.01%
NWN	C	0.01%
HEES	D	0.01%
CNA	C	0.01%
ROCK	D	0.01%
HI	F	0.01%
ARI	F	0.01%
CENTA	F	0.01%
NGVT	D	0.01%
FFIN	B	0.01%
UCBI	B	0.01%
HELE	D	0.01%
FBP	C	0.01%
TOWN	B	0.01%
BSIG	B	0.01%
ORA	C	0.01%
FTDR	B	0.01%
ENR	D	0.01%
ROKU	C	0.01%
PINS	F	0.01%
RBC	C	0.01%
KFRC	D	0.01%
NTCT	C	0.01%
VC	F	0.01%
TW	B	0.01%
CVBF	D	0.01%
BKD	D	0.01%
CNXN	B	0.01%
ABR	B	0.01%
AKR	B	0.01%
SNBR	C	0.01%
RHP	C	0.01%
LXP	B	0.01%
CBRL	D	0.01%
HGV	F	0.01%
CNM	F	0.01%
COHR	C	0.01%
OLED	C	0.01%
CWEN	C	0.01%
EIG	C	0.01%
WSFS	D	0.01%
JBT	D	0.01%
CSTM	F	0.01%
ESGR	D	0.01%
OTTR	F	0.01%
WOR	D	0.01%
WSBC	D	0.01%
CHX	F	0.01%
MELI	B	0.01%
STRA	F	0.01%
MMSI	B	0.01%
AX	D	0.01%
PMT	C	0.01%
ENOV	D	0.01%
BKE	B	0.01%
DDS	F	0.01%
PPBI	D	0.01%
GFF	D	0.01%
OSIS	D	0.01%
CHRD	F	0.01%
KALU	F	0.01%
VSAT	F	0.01%
CDE	C	0.01%
SLGN	B	0.01%
AEIS	D	0.01%
EGP	B	0.01%
BCPC	C	0.01%
GNL	C	0.01%
IPGP	F	0.01%
AM	C	0.01%
SASR	B	0.01%
ATI	D	0.01%
CBU	C	0.01%
BV	C	0.01%
REVG	D	0.01%
ATKR	F	0.01%
ICFI	B	0.01%
NPO	D	0.01%
AIN	D	0.01%
ESRT	B	0.01%
DLX	F	0.01%
BMRN	F	0.01%
PGRE	C	0.01%
PFS	B	0.01%
WSC	D	0.01%
MSA	D	0.01%
HL	C	0.01%
RIG	F	0.01%
RLI	B	0.01%
DIOD	F	0.01%
EMBC	C	0.01%
FIBK	B	0.01%
PLTR	B	0.01%
ALEX	B	0.01%
AMR	F	0.01%
TREX	D	0.01%
UE	B	0.01%
HTLF	B	0.01%
XHR	B	0.01%
BDN	B	0.01%
IOSP	D	0.01%
CABO	F	0.01%
RRC	D	0.01%
PBH	B	0.01%
TNET	F	0.01%
BANR	B	0.01%
FFBC	D	0.01%
NHC	D	0.01%
TRMK	C	0.01%
TWLO	D	0.01%
LANC	D	0.01%
LRN	B	0.01%
SHO	C	0.01%
MORN	C	0.01%
WDAY	D	0.01%
HLF	F	0.01%
IBP	D	0.01%
SKT	B	0.01%
IBOC	D	0.01%
PSN	B	0.01%
NHI	C	0.01%
KRG	B	0.01%
MASI	F	0.01%
HTH	C	0.01%
AZZ	D	0.01%
EPC	F	0.01%
VGR	B	0.01%
APOG	B	0.01%
OPCH	C	0.01%
HOPE	B	0.01%
RH	B	0.01%
BRKR	D	0.01%
RLJ	D	0.01%
IDCC	C	0.01%
BOKF	B	0.01%
TCBI	B	0.01%
MANH	B	0.01%
JBLU	D	0.01%
SCL	F	0.01%
ECPG	D	0.01%
WEN	C	0.01%
PLNT	B	0.01%
PECO	B	0.01%
DNB	C	0.01%
DORM	B	0.01%
EXLS	B	0.01%
AMN	F	0.01%
DELL	D	0.01%
TDC	F	0.01%
ZD	D	0.01%
ABCB	B	0.01%
MWA	B	0.01%
HPP	D	0.01%
DRH	C	0.01%
FELE	C	0.01%
FWRD	C	0.01%
FR	B	0.01%
FSS	D	0.01%
AIR	C	0.01%
IAC	C	0.01%
DLB	F	0.01%
TPL	B	0.01%
SMTC	C	0.01%
LBRT	D	0.01%
GEF	D	0.01%
KAR	D	0.01%
STAG	C	0.01%
WWW	B	0.01%
WTS	C	0.01%
APP	C	0.01%
ITRI	C	0.01%
BOH	D	0.01%
TROX	F	0.01%
AMRK	C	0.01%
CEIX	D	0.01%
DOLE	A	0.01%
FULT	D	0.01%
IGT	D	0.01%
PBI	D	0.01%
DNOW	D	0.01%
BGC	B	0.01%
YELP	F	0.01%
WMS	D	0.01%
AROC	D	0.01%
GTES	C	0.01%
APG	D	0.01%
APAM	C	0.01%
VSTO	C	0.01%
KTB	B	0.01%
ARES	B	0.01%
BOOT	A	0.01%
SAH	D	0.01%
SNDR	B	0.01%
CGNX	F	0.01%
MTDR	F	0.01%
RGLD	C	0.01%
MCY	D	0.01%
AMED	C	0.01%
WEX	C	0.01%
CVCO	A	0.01%
PPC	D	0.01%
SIGI	D	0.01%
AMWD	D	0.01%
KELYA	D	0.01%
SKYW	C	0.01%
SLAB	D	0.01%
FND	C	0.01%
SITE	C	0.01%
WGO	D	0.01%
ITGR	A	0.01%
NMRK	A	0.01%
CVLT	B	0.01%
ALK	C	0.01%
B	D	0.01%
PDM	B	0.01%
PLUS	A	0.01%
CATY	C	0.01%
GBCI	B	0.01%
LAUR	C	0.01%
TPG	B	0.01%
NEU	D	0.01%
SFNC	B	0.01%
SCSC	D	0.01%
RYN	C	0.01%
DASH	C	0.01%
BXMT	C	0.01%
ESAB	C	0.01%
VNT	F	0.01%
COKE	C	0.01%
MTX	F	0.01%
JBGS	C	0.01%
PTEN	F	0.01%
SKY	B	0.01%
VSTS	D	0.01%
EAT	A	0.01%
FN	D	0.01%
SUM	D	0.01%
ENSG	B	0.01%
SVC	D	0.01%
PIPR	B	0.01%
UMBF	B	0.01%
CACC	F	0.01%
ICUI	B	0.01%
LGIH	C	0.01%
OUT	C	0.01%
MATX	B	0.01%
LZB	C	0.01%
H	C	0.01%
BDC	B	0.01%
ARCH	F	0.01%
VEEV	C	0.01%
AGR	B	0.01%
ONB	C	0.01%
UVV	D	0.01%
LITE	B	0.01%
CRC	C	0.01%
CHDN	C	0.01%
EPR	B	0.01%
CNK	C	0.01%
SXT	C	0.01%
WMK	C	0.01%
PHIN	B	0.01%
NVST	D	0.01%
CALM	A	0.01%
GBX	C	0.01%
GMED	D	0.01%
APLE	D	0.01%
VLY	C	0.01%
KMT	B	0.01%
DK	F	0.01%
AVA	C	0.01%
PDCO	F	0.01%
WAFD	C	0.01%
ARCB	D	0.01%
JELD	D	0.01%
WTM	D	0.01%
OMI	D	0.01%
MLKN	D	0.01%
EXEL	C	0.01%
WD	B	0.01%
AXS	B	0.01%
SSD	D	0.01%
BFAM	C	0.01%
ENVA	C	0.01%
LFUS	C	0.01%
OZK	D	0.01%
PCH	C	0.01%
VAC	F	0.01%
UNF	C	0.01%
MOD	A	0.01%
PSMT	B	0.01%
HRI	D	0.01%
THS	C	0.01%
HXL	F	0.01%
HE	F	0.01%
UBSI	B	0.01%
PNM	B	0.01%
BYD	C	0.01%
VVV	D	0.01%
ACA	B	0.01%
SCS	D	0.01%
VSH	F	0.01%
NJR	B	0.01%
ZM	C	0.01%
ADTN	D	0.01%
ALE	B	0.01%
HLI	B	0.01%
EEFT	D	0.01%
BCO	B	0.01%
CFR	C	0.01%
COLM	C	0.01%
HWC	D	0.01%
IMKTA	D	0.01%
WH	B	0.01%
PINC	C	0.01%
URBN	F	0.01%
NWE	B	0.01%
ASB	D	0.01%
VSCO	C	0.01%
TEX	F	0.01%
ADNT	F	0.01%
TRN	D	0.01%
RPRX	C	0.01%
LCII	C	0.01%
COLB	B	0.01%
ANDE	D	0.01%
NOMD	B	0.01%
CXW	F	0.01%
ENTG	F	0.01%
MC	B	0.01%
MAT	C	0.01%
SBH	B	0.01%
ACIW	C	0.01%
ASH	D	0.01%
SAIA	D	0.01%
OLLI	C	0.01%
FHB	D	0.01%
WBS	D	0.01%
FDP	C	0.01%
HP	F	0.01%
KNF	B	0.01%
UAA	C	0.01%
ACHC	C	0.01%
PATK	B	0.01%
SHOO	B	0.01%
MTN	D	0.01%
FUL	C	0.01%
ATGE	D	0.01%
ESNT	B	0.01%
GMS	D	0.01%
OGS	B	0.01%
DTM	B	0.01%
TTMI	D	0.01%
VRT	C	0.01%
NNN	C	0.01%
WTFC	C	0.01%
CADE	C	0.01%
COMM	B	0.01%
GIII	C	0.01%
ODP	F	0.01%
NYT	C	0.01%
PFSI	C	0.01%
SR	B	0.01%
DAN	F	0.01%
CWK	B	0.01%
LEG	D	0.01%
SPTN	C	0.01%
HNI	C	0.01%
AMKR	F	0.01%
DBX	D	0.01%
CROX	D	0.01%
Z	B	0.01%
PNFP	B	0.01%
KEX	C	0.01%
SMG	C	0.01%
CBSH	C	0.01%
CUZ	B	0.01%
CR	C	0.01%
RNR	C	0.01%
MSM	D	0.01%
COLD	D	0.01%
SBRA	C	0.01%
AMH	C	0.01%
KFY	B	0.01%
UNIT	C	0.01%
KRC	C	0.01%
SIG	C	0.01%
IDA	C	0.01%
CNXC	F	0.01%
FNB	C	0.01%
STC	B	0.01%
DEI	B	0.01%
SRCL	A	0.01%
OI	D	0.01%
GHC	B	0.01%
ESI	D	0.01%
ENS	D	0.01%
EBS	F	0.01%
SN	B	0.01%
CCS	B	0.01%
COOP	C	0.01%
BIG	F	0.0%
SEG	C	0.0%
PCRX	F	0.0%
GIC	D	0.0%
ALGM	F	0.0%
CRNC	F	0.0%
TTEC	F	0.0%
TWI	D	0.0%
GSM	F	0.0%
LESL	F	0.0%
KE	F	0.0%
THR	D	0.0%
AMPH	C	0.0%
ONEW	F	0.0%
REX	D	0.0%
MGPI	D	0.0%
NIC	C	0.0%
TBBK	B	0.0%
SPWH	D	0.0%
BMBL	F	0.0%
CENT	F	0.0%
SNEX	B	0.0%
MP	D	0.0%
WMG	D	0.0%
IRWD	F	0.0%
CMTL	D	0.0%
HLNE	B	0.0%
SSP	F	0.0%
SEDG	F	0.0%
MODV	F	0.0%
HOV	C	0.0%
EDR	A	0.0%
AVD	F	0.0%
RILY	F	0.0%
AOSL	D	0.0%
WOLF	F	0.0%
AMRC	C	0.0%
CRMT	F	0.0%
AMSF	C	0.0%
PKST	C	0.0%
TK	C	0.0%
SSYS	F	0.0%
AGM	D	0.0%
RMBS	F	0.0%
SNAP	F	0.0%
GPRO	D	0.0%
MOV	F	0.0%
VSEC	C	0.0%
OIS	D	0.0%
GDEN	D	0.0%
PRM	B	0.0%
MED	F	0.0%
VCTR	B	0.0%
IVT	B	0.0%
OKTA	F	0.0%
MXL	F	0.0%
PETS	D	0.0%
USM	C	0.0%
LEVI	C	0.0%
VIR	F	0.0%
AGL	F	0.0%
GTLS	F	0.0%
KNSL	C	0.0%
SFBS	B	0.0%
GPMT	D	0.0%
DIN	F	0.0%
VRTS	F	0.0%
BRSP	D	0.0%
VREX	F	0.0%
SBCF	C	0.0%
SGRY	C	0.0%
DENN	D	0.0%
JRVR	F	0.0%
DT	C	0.0%
CALX	D	0.0%
ALGT	F	0.0%
CMP	D	0.0%
PRVA	F	0.0%
KRNY	C	0.0%
TITN	F	0.0%
PLCE	C	0.0%
XPRO	F	0.0%
RNST	D	0.0%
DHIL	C	0.0%
IRBT	F	0.0%
USPH	F	0.0%
FIZZ	D	0.0%
RYAM	B	0.0%
TKO	B	0.0%
MYE	D	0.0%
NPK	D	0.0%
CCRN	F	0.0%
FLGT	D	0.0%
CTRE	C	0.0%
AMBC	D	0.0%
HLIO	D	0.0%
ARKO	C	0.0%
SRI	F	0.0%
CTRN	D	0.0%
CMTG	D	0.0%
ASTH	B	0.0%
RC	F	0.0%
MEI	D	0.0%
ATNI	C	0.0%
CSV	C	0.0%
SNOW	F	0.0%
TOST	C	0.0%
HAFC	C	0.0%
GNK	D	0.0%
FLWS	F	0.0%
CSR	B	0.0%
SSTK	F	0.0%
RUN	C	0.0%
PLOW	C	0.0%
BJRI	D	0.0%
NOG	D	0.0%
CLDT	D	0.0%
ARCO	F	0.0%
CRGY	D	0.0%
UFCS	D	0.0%
CNOB	B	0.0%
TPIC	D	0.0%
ALTO	D	0.0%
CCSI	C	0.0%
WASH	B	0.0%
CLOV	C	0.0%
PEN	D	0.0%
ALRM	F	0.0%
CRAI	D	0.0%
HAYW	C	0.0%
AMC	F	0.0%
RGP	F	0.0%
GTY	B	0.0%
SRCE	D	0.0%
TDOC	D	0.0%
CLB	D	0.0%
DBI	F	0.0%
VRNT	F	0.0%
OPK	C	0.0%
OPI	F	0.0%
ZI	D	0.0%
EVRI	C	0.0%
LSCC	D	0.0%
WABC	D	0.0%
DCO	A	0.0%
BRY	F	0.0%
BANF	B	0.0%
SHYF	D	0.0%
ALKS	C	0.0%
SEB	D	0.0%
HFWA	C	0.0%
WOW	D	0.0%
CARS	D	0.0%
RKT	C	0.0%
MTW	F	0.0%
VAL	F	0.0%
ZEUS	F	0.0%
SPSC	D	0.0%
TMP	C	0.0%
PFC	C	0.0%
OCFC	B	0.0%
AVO	B	0.0%
IPAR	F	0.0%
TEN	D	0.0%
EGBN	C	0.0%
PEGA	C	0.0%
MERC	F	0.0%
MATW	F	0.0%
PARR	F	0.0%
PZZA	D	0.0%
WRLD	D	0.0%
WTTR	D	0.0%
CLVT	D	0.0%
GRBK	B	0.0%
MTUS	F	0.0%
KREF	B	0.0%
TNK	F	0.0%
NVEE	F	0.0%
HSII	C	0.0%
DAC	D	0.0%
HASI	C	0.0%
BRC	C	0.0%
BBSI	B	0.0%
TBI	F	0.0%
BRKL	C	0.0%
EAF	D	0.0%
LKFN	C	0.0%
UTL	C	0.0%
HVT	D	0.0%
TCBK	D	0.0%
ICHR	F	0.0%
PTON	C	0.0%
EBF	B	0.0%
COHU	F	0.0%
EVTC	D	0.0%
ECVT	F	0.0%
RGEN	D	0.0%
RES	D	0.0%
AVNS	B	0.0%
SHEN	F	0.0%
INSW	D	0.0%
PRLB	F	0.0%
AHCO	C	0.0%
ETH	D	0.0%
CMCO	F	0.0%
GDOT	C	0.0%
CMRE	D	0.0%
BRBR	C	0.0%
PRIM	B	0.0%
IHRT	D	0.0%
SBSI	B	0.0%
USNA	F	0.0%
CFFN	D	0.0%
ERIE	B	0.0%
CPF	B	0.0%
DXPE	D	0.0%
ACLS	F	0.0%
LIVN	D	0.0%
WOOF	C	0.0%
CNNE	D	0.0%
SGH	F	0.0%
TUP	F	0.0%
STNE	F	0.0%
IART	F	0.0%
STEP	B	0.0%
SFIX	D	0.0%
SBLK	D	0.0%
AUB	D	0.0%
FOXF	D	0.0%
SONO	D	0.0%
LNN	D	0.0%
PRA	C	0.0%
ASTE	D	0.0%
GLDD	B	0.0%
CLW	F	0.0%
RGR	D	0.0%
MNRO	D	0.0%
CBL	D	0.0%
EXAS	C	0.0%
SMP	C	0.0%
EPAC	B	0.0%
CRK	D	0.0%
CVGW	C	0.0%
WFRD	F	0.0%
SUPN	C	0.0%
PRFT	B	0.0%
LTC	C	0.0%
FBNC	B	0.0%
UVE	C	0.0%
GFS	F	0.0%
GCO	D	0.0%
AZTA	F	0.0%
HTLD	D	0.0%
UIS	C	0.0%
NEOG	D	0.0%
W	D	0.0%
WHD	C	0.0%
CWH	C	0.0%
OFG	C	0.0%
CTS	D	0.0%
CHCO	B	0.0%
XP	D	0.0%
FHI	A	0.0%
GPRE	F	0.0%
SSB	B	0.0%
SXC	F	0.0%
CPS	F	0.0%
SMPL	D	0.0%
SCVL	B	0.0%
ALIT	D	0.0%
THRY	D	0.0%
LYFT	D	0.0%
TSE	C	0.0%
ZIMV	F	0.0%
JBSS	D	0.0%
EPRT	B	0.0%
MYGN	C	0.0%
VRRM	D	0.0%
PAGS	F	0.0%
PRGS	C	0.0%
RDNT	B	0.0%
PLAY	F	0.0%
AGX	B	0.0%
ASIX	C	0.0%
KTOS	C	0.0%
LBRDK	F	0.0%
NOVT	D	0.0%
EYE	F	0.0%
FCPT	C	0.0%
CNMD	D	0.0%
LPG	F	0.0%
PJT	B	0.0%
PUMP	D	0.0%
QLYS	F	0.0%
GLOB	D	0.0%
RWT	B	0.0%
SJW	C	0.0%
OEC	F	0.0%
SENEA	C	0.0%
HQY	C	0.0%
STNG	D	0.0%
RDUS	D	0.0%
MODG	F	0.0%
BXC	D	0.0%
EXPI	C	0.0%
CHEF	D	0.0%
SABR	D	0.0%
PR	F	0.0%
PSTG	F	0.0%
NUS	F	0.0%
HMST	C	0.0%
TRTX	C	0.0%
DEA	B	0.0%
GLNG	C	0.0%
TRIP	F	0.0%
PRAA	D	0.0%
DHT	D	0.0%
SWBI	F	0.0%
AWR	B	0.0%
FCF	C	0.0%
HURN	C	0.0%
KWR	D	0.0%
EFSC	C	0.0%
ZUMZ	D	0.0%
TRNO	C	0.0%
GES	F	0.0%
CVI	F	0.0%
CAL	F	0.0%
CNSL	B	0.0%
GTN	D	0.0%
VBTX	B	0.0%
NX	F	0.0%
ALG	D	0.0%
HMN	D	0.0%
NBR	F	0.0%
BLKB	C	0.0%
MYRG	F	0.0%
CUBI	F	0.0%
ZWS	A	0.0%
MMI	C	0.0%
OXM	F	0.0%
TNC	F	0.0%
CWST	D	0.0%
TRS	D	0.0%
ACCO	C	0.0%
ILPT	C	0.0%
WDFC	C	0.0%
AAT	B	0.0%
KOP	F	0.0%
IRDM	D	0.0%
EBC	B	0.0%
BSY	D	0.0%
CMPR	F	0.0%
ADUS	B	0.0%
ENV	C	0.0%
GO	F	0.0%
CPK	B	0.0%
PTVE	D	0.0%
CAKE	D	0.0%
STBA	B	0.0%
SXI	C	0.0%
PLAB	F	0.0%
WING	B	0.0%
CHH	C	0.0%
AAN	C	0.0%
SFL	F	0.0%
CSGS	C	0.0%
BNL	B	0.0%
CASH	B	0.0%
BMI	A	0.0%
NNI	B	0.0%
NBIX	F	0.0%
INVA	B	0.0%
HOMB	B	0.0%
MEDP	F	0.0%
HTZ	F	0.0%
COTY	F	0.0%
KLIC	F	0.0%
BZH	B	0.0%
MRCY	D	0.0%
TALO	D	0.0%
AGRO	C	0.0%
ROG	F	0.0%
AAON	B	0.0%
BUSE	C	0.0%
MRTN	D	0.0%
ATSG	D	0.0%
REYN	C	0.0%
RYI	D	0.0%
KAI	C	0.0%
DFIN	B	0.0%
CARG	B	0.0%
FIVE	D	0.0%
FORM	F	0.0%
NTB	C	0.0%
TTD	B	0.0%
KOS	F	0.0%

FNDB Underweight 5 Positions Relative to PBP

Symbol	Grade	Weight
CRWD	D	-0.13%
AXON	B	-0.06%
NCLH	C	-0.02%
NWS	D	-0.01%
FOX	B	-0.01%