FNDB vs. VFVA ETF Comparison

Comparison of Schwab Fundamental U.S. Broad Market Index ETF (FNDB) to Vanguard Wellington Fund ETF (VFVA)

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

$69.63

Average Daily Volume

31,568

Number of Holdings ^*

1673

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$119.03

Average Daily Volume

26,591

Number of Holdings ^*

556

* may have additional holdings in another (foreign) market

Performance

Period	FNDB	VFVA
30 Days	0.51%	0.55%
60 Days	6.02%	-2.30%
90 Days	6.18%	7.60%
12 Months	30.73%	26.08%

495 Overlapping Holdings

Symbol	Grade	Weight in FNDB	Weight in VFVA	Overlap
AAL	D	0.01%	0.08%	0.01%
AAP	F	0.02%	0.14%	0.02%
ABCB	C	0.01%	0.15%	0.01%
ABG	F	0.02%	0.16%	0.02%
ACCO	C	0.0%	0.07%	0.0%
ACGL	B	0.03%	0.2%	0.03%
ADM	F	0.22%	0.44%	0.22%
ADNT	D	0.02%	0.16%	0.02%
AFL	A	0.2%	0.1%	0.1%
AGCO	D	0.03%	0.15%	0.03%
AHCO	D	0.0%	0.17%	0.0%
AIG	F	0.26%	0.58%	0.26%
AL	D	0.02%	0.53%	0.02%
ALGT	D	0.0%	0.26%	0.0%
ALIT	D	0.01%	0.06%	0.01%
ALK	C	0.02%	0.21%	0.02%
ALL	C	0.25%	0.19%	0.19%
ALLY	F	0.09%	0.32%	0.09%
ALSN	A	0.04%	0.14%	0.04%
AMCX	F	0.0%	0.11%	0.0%
AMG	B	0.03%	0.2%	0.03%
AMKR	F	0.01%	0.13%	0.01%
AMR	F	0.01%	0.05%	0.01%
AMWD	C	0.01%	0.05%	0.01%
ANDE	D	0.02%	0.11%	0.02%
APA	F	0.04%	0.05%	0.04%
AR	B	0.02%	0.05%	0.02%
ARCB	F	0.01%	0.04%	0.01%
ARCH	C	0.01%	0.13%	0.01%
ARW	C	0.08%	0.18%	0.08%
ASB	F	0.01%	0.14%	0.01%
ASGN	D	0.02%	0.06%	0.02%
ASIX	A	0.0%	0.1%	0.0%
ASO	D	0.02%	0.15%	0.02%
ATGE	D	0.01%	0.14%	0.01%
ATKR	F	0.01%	0.04%	0.01%
ATSG	D	0.0%	0.16%	0.0%
AUB	D	0.0%	0.12%	0.0%
AVT	C	0.07%	0.19%	0.07%
AX	D	0.01%	0.09%	0.01%
AXL	F	0.0%	0.13%	0.0%
AXS	A	0.01%	0.26%	0.01%
AZO	D	0.06%	0.28%	0.06%
BAC	D	1.06%	0.88%	0.88%
BANR	C	0.01%	0.08%	0.01%
BBWI	F	0.03%	0.2%	0.03%
BC	D	0.03%	0.07%	0.03%
BCC	C	0.03%	0.02%	0.02%
BDX	C	0.11%	0.15%	0.11%
BEN	F	0.04%	0.06%	0.04%
BERY	C	0.04%	0.37%	0.04%
BG	F	0.11%	0.26%	0.11%
BGS	D	0.0%	0.17%	0.0%
BK	C	0.23%	0.47%	0.23%
BKU	D	0.02%	0.16%	0.02%
BLDR	B	0.06%	0.06%	0.06%
BMBL	F	0.0%	0.1%	0.0%
BMY	B	0.39%	0.76%	0.39%
BOKF	D	0.01%	0.08%	0.01%
BPOP	D	0.02%	0.07%	0.02%
BRKL	D	0.0%	0.06%	0.0%
BRY	F	0.0%	0.15%	0.0%
BTU	B	0.03%	0.14%	0.03%
BUSE	D	0.0%	0.13%	0.0%
BV	C	0.0%	0.09%	0.0%
BWA	C	0.05%	0.19%	0.05%
BXC	D	0.01%	0.15%	0.01%
BYD	C	0.01%	0.18%	0.01%
BZH	C	0.0%	0.15%	0.0%
C	C	0.95%	0.84%	0.84%
CABO	F	0.01%	0.13%	0.01%
CADE	D	0.01%	0.16%	0.01%
CAG	D	0.06%	0.28%	0.06%
CAH	B	0.06%	0.34%	0.06%
CAL	F	0.0%	0.07%	0.0%
CATY	D	0.01%	0.09%	0.01%
CB	B	0.25%	0.49%	0.25%
CC	D	0.02%	0.03%	0.02%
CCRN	F	0.0%	0.06%	0.0%
CCS	C	0.02%	0.2%	0.02%
CCSI	D	0.0%	0.18%	0.0%
CE	C	0.06%	0.33%	0.06%
CEIX	B	0.01%	0.11%	0.01%
CF	A	0.07%	0.11%	0.07%
CFFN	F	0.0%	0.05%	0.0%
CFG	D	0.09%	0.18%	0.09%
CFR	D	0.01%	0.03%	0.01%
CG	B	0.03%	0.04%	0.03%
CHRD	F	0.01%	0.26%	0.01%
CI	D	0.49%	0.67%	0.49%
CIVI	F	0.01%	0.18%	0.01%
CLF	F	0.03%	0.2%	0.03%
CLW	F	0.0%	0.2%	0.0%
CMA	C	0.05%	0.14%	0.05%
CMC	D	0.03%	0.15%	0.03%
CMCSA	C	0.76%	0.98%	0.76%
CMRE	B	0.0%	0.1%	0.0%
CNA	D	0.0%	0.09%	0.0%
CNC	F	0.23%	0.17%	0.17%
CNDT	B	0.0%	0.05%	0.0%
CNO	C	0.03%	0.04%	0.03%
CNOB	C	0.0%	0.06%	0.0%
CNXC	F	0.01%	0.27%	0.01%
COF	C	0.37%	0.69%	0.37%
COHR	A	0.01%	0.11%	0.01%
COLB	C	0.01%	0.29%	0.01%
COMM	C	0.01%	0.12%	0.01%
COOP	B	0.02%	0.13%	0.02%
COP	D	0.45%	0.54%	0.45%
CRBG	B	0.03%	0.02%	0.02%
CRC	B	0.01%	0.17%	0.01%
CRGY	B	0.0%	0.12%	0.0%
CROX	C	0.01%	0.07%	0.01%
CSCO	A	0.72%	0.14%	0.14%
CTRA	D	0.03%	0.24%	0.03%
CUBI	F	0.0%	0.15%	0.0%
CVS	C	0.72%	1.02%	0.72%
CVX	B	1.11%	0.77%	0.77%
CWK	C	0.01%	0.07%	0.01%
CXW	F	0.01%	0.08%	0.01%
DAL	C	0.02%	0.21%	0.02%
DAN	D	0.02%	0.16%	0.02%
DAR	F	0.02%	0.19%	0.02%
DBX	B	0.02%	0.09%	0.02%
DE	B	0.23%	0.08%	0.08%
DENN	D	0.0%	0.03%	0.0%
DGX	C	0.07%	0.04%	0.04%
DHI	C	0.18%	0.26%	0.18%
DHT	A	0.0%	0.14%	0.0%
DIN	D	0.0%	0.21%	0.0%
DINO	D	0.05%	0.21%	0.05%
DK	F	0.01%	0.05%	0.01%
DLX	F	0.0%	0.15%	0.0%
DNB	D	0.01%	0.05%	0.01%
DOLE	D	0.01%	0.1%	0.01%
DOW	B	0.21%	0.2%	0.2%
DTM	A	0.01%	0.17%	0.01%
DVN	F	0.08%	0.02%	0.02%
DXC	B	0.04%	0.23%	0.04%
DXPE	C	0.0%	0.07%	0.0%
EAT	A	0.01%	0.18%	0.01%
EBAY	A	0.17%	0.04%	0.04%
EBC	D	0.0%	0.12%	0.0%
EFSC	D	0.0%	0.2%	0.0%
EG	B	0.02%	0.12%	0.02%
EGBN	B	0.0%	0.13%	0.0%
EIG	C	0.01%	0.02%	0.01%
ELAN	C	0.02%	0.15%	0.02%
ELV	F	0.43%	0.08%	0.08%
EMBC	F	0.0%	0.07%	0.0%
EMN	C	0.08%	0.09%	0.08%
ENS	D	0.01%	0.03%	0.01%
ENVA	C	0.01%	0.04%	0.01%
EOG	B	0.21%	0.65%	0.21%
EPC	F	0.01%	0.03%	0.01%
EQH	C	0.04%	0.08%	0.04%
EQT	B	0.04%	0.11%	0.04%
ESGR	D	0.0%	0.24%	0.0%
ESI	C	0.01%	0.03%	0.01%
ESNT	C	0.01%	0.44%	0.01%
EVRI	A	0.0%	0.11%	0.0%
EWBC	D	0.02%	0.08%	0.02%
F	D	0.31%	0.99%	0.31%
FAF	C	0.04%	0.07%	0.04%
FANG	C	0.05%	0.39%	0.05%
FBNC	D	0.0%	0.04%	0.0%
FCF	D	0.0%	0.11%	0.0%
FCNCA	D	0.02%	0.13%	0.02%
FCX	B	0.15%	0.44%	0.15%
FDP	C	0.01%	0.09%	0.01%
FDX	F	0.28%	1.09%	0.28%
FFBC	D	0.01%	0.2%	0.01%
FHN	D	0.02%	0.18%	0.02%
FIBK	D	0.01%	0.07%	0.01%
FIS	B	0.1%	0.25%	0.1%
FNB	D	0.01%	0.21%	0.01%
FNF	B	0.06%	0.13%	0.06%
FOXF	F	0.0%	0.04%	0.0%
FRME	D	0.01%	0.08%	0.01%
FULT	D	0.01%	0.15%	0.01%
FWRD	C	0.01%	0.09%	0.01%
GATX	F	0.01%	0.05%	0.01%
GBX	C	0.01%	0.02%	0.01%
GCO	F	0.0%	0.05%	0.0%
GD	C	0.21%	0.28%	0.21%
GDOT	D	0.0%	0.1%	0.0%
GEF	D	0.01%	0.05%	0.01%
GHC	C	0.02%	0.05%	0.02%
GIII	D	0.01%	0.15%	0.01%
GILD	A	0.33%	0.58%	0.33%
GIS	C	0.13%	0.19%	0.13%
GL	C	0.03%	0.07%	0.03%
GLNG	A	0.0%	0.17%	0.0%
GM	D	0.59%	1.11%	0.59%
GNK	D	0.0%	0.19%	0.0%
GNW	C	0.03%	0.12%	0.03%
GOOG	B	1.04%	0.07%	0.07%
GPI	C	0.05%	0.17%	0.05%
GPK	D	0.03%	0.06%	0.03%
GPN	F	0.07%	0.02%	0.02%
GRBK	C	0.0%	0.1%	0.0%
GS	D	0.49%	0.46%	0.46%
GT	F	0.04%	0.2%	0.04%
GTES	C	0.01%	0.3%	0.01%
GTN	D	0.0%	0.17%	0.0%
HAFC	D	0.0%	0.07%	0.0%
HAIN	B	0.0%	0.15%	0.0%
HBAN	D	0.06%	0.07%	0.06%
HBI	C	0.03%	0.1%	0.03%
HCA	C	0.23%	0.69%	0.23%
HCC	C	0.02%	0.08%	0.02%
HFWA	D	0.0%	0.08%	0.0%
HGV	F	0.01%	0.04%	0.01%
HIG	B	0.14%	0.07%	0.07%
HII	F	0.04%	0.11%	0.04%
HLF	F	0.01%	0.14%	0.01%
HLX	B	0.01%	0.14%	0.01%
HOG	D	0.02%	0.17%	0.02%
HOMB	D	0.01%	0.02%	0.01%
HOPE	D	0.01%	0.17%	0.01%
HOV	D	0.0%	0.1%	0.0%
HPE	B	0.19%	0.27%	0.19%
HPQ	B	0.19%	0.5%	0.19%
HRB	C	0.02%	0.17%	0.02%
HRI	C	0.01%	0.11%	0.01%
HUBG	D	0.02%	0.04%	0.02%
HUM	F	0.18%	0.27%	0.18%
HVT	F	0.0%	0.05%	0.0%
HWC	D	0.01%	0.2%	0.01%
IART	F	0.0%	0.04%	0.0%
IBM	A	0.54%	0.16%	0.16%
IMKTA	F	0.01%	0.15%	0.01%
INDB	D	0.01%	0.06%	0.01%
INGR	B	0.04%	0.16%	0.04%
INSW	B	0.0%	0.31%	0.0%
INTC	D	0.77%	0.25%	0.25%
IP	C	0.14%	0.02%	0.02%
IRWD	F	0.0%	0.14%	0.0%
IVZ	B	0.04%	0.18%	0.04%
JACK	F	0.01%	0.18%	0.01%
JAZZ	F	0.02%	0.16%	0.02%
JEF	A	0.05%	0.23%	0.05%
JELD	C	0.01%	0.08%	0.01%
JHG	B	0.03%	0.07%	0.03%
JLL	C	0.08%	0.14%	0.08%
JNJ	D	0.91%	0.19%	0.19%
JPM	D	1.66%	0.64%	0.64%
JRVR	F	0.0%	0.13%	0.0%
JXN	A	0.04%	0.09%	0.04%
KBH	C	0.03%	0.23%	0.03%
KELYA	D	0.01%	0.05%	0.01%
KEY	C	0.08%	0.18%	0.08%
KFY	C	0.01%	0.07%	0.01%
KHC	F	0.1%	0.21%	0.1%
KMI	A	0.18%	0.11%	0.11%
KNX	D	0.04%	0.2%	0.04%
KOP	F	0.0%	0.13%	0.0%
KOS	F	0.01%	0.06%	0.01%
KR	C	0.28%	0.22%	0.22%
LBRT	D	0.01%	0.06%	0.01%
LEA	F	0.05%	0.16%	0.05%
LEG	D	0.02%	0.21%	0.02%
LEN	B	0.17%	0.21%	0.17%
LEN	B	0.17%	0.26%	0.17%
LILAK	D	0.02%	0.22%	0.02%
LKQ	F	0.05%	0.08%	0.05%
LNC	D	0.05%	0.35%	0.05%
LPG	F	0.0%	0.07%	0.0%
LYB	F	0.15%	0.33%	0.15%
LZB	D	0.01%	0.16%	0.01%
M	F	0.05%	0.19%	0.05%
MAN	D	0.05%	0.13%	0.05%
MATV	F	0.0%	0.08%	0.0%
MATW	F	0.0%	0.05%	0.0%
MATX	C	0.02%	0.33%	0.02%
MCK	F	0.08%	0.48%	0.08%
MD	B	0.0%	0.15%	0.0%
MDT	C	0.16%	0.41%	0.16%
MDU	C	0.02%	0.18%	0.02%
MED	F	0.0%	0.02%	0.0%
MET	B	0.24%	0.49%	0.24%
MHK	B	0.07%	0.4%	0.07%
MHO	C	0.02%	0.15%	0.02%
MKL	C	0.04%	0.04%	0.04%
MLI	C	0.03%	0.19%	0.03%
MLKN	F	0.01%	0.09%	0.01%
MMM	C	0.35%	0.06%	0.06%
MO	D	0.33%	1.17%	0.33%
MOS	F	0.06%	0.19%	0.06%
MOV	F	0.0%	0.05%	0.0%
MPC	C	0.4%	0.7%	0.4%
MS	B	0.35%	0.34%	0.34%
MTB	C	0.08%	0.18%	0.08%
MTDR	F	0.01%	0.17%	0.01%
MTG	B	0.02%	0.3%	0.02%
MTH	C	0.03%	0.21%	0.03%
MTUS	F	0.0%	0.09%	0.0%
MTW	F	0.0%	0.08%	0.0%
MUR	F	0.02%	0.21%	0.02%
NAVI	F	0.02%	0.14%	0.02%
NBTB	D	0.01%	0.08%	0.01%
NIC	D	0.0%	0.07%	0.0%
NMIH	C	0.01%	0.07%	0.01%
NMRK	B	0.01%	0.14%	0.01%
NNI	C	0.0%	0.09%	0.0%
NOG	C	0.0%	0.08%	0.0%
NTB	D	0.0%	0.1%	0.0%
NTCT	C	0.01%	0.07%	0.01%
NUE	C	0.19%	0.63%	0.19%
NUS	F	0.0%	0.14%	0.0%
NVST	D	0.01%	0.16%	0.01%
NWBI	D	0.01%	0.08%	0.01%
NWL	F	0.03%	0.21%	0.03%
NWSA	D	0.04%	0.18%	0.04%
NX	F	0.0%	0.1%	0.0%
NXST	F	0.03%	0.06%	0.03%
OC	C	0.06%	0.08%	0.06%
OCFC	C	0.0%	0.2%	0.0%
ODP	F	0.02%	0.1%	0.02%
OFG	D	0.0%	0.06%	0.0%
OGN	F	0.05%	0.23%	0.05%
OI	D	0.02%	0.23%	0.02%
OIS	D	0.0%	0.06%	0.0%
OLN	C	0.04%	0.15%	0.04%
OMCL	C	0.0%	0.07%	0.0%
OMF	F	0.05%	0.14%	0.05%
OMI	F	0.01%	0.11%	0.01%
ONB	D	0.01%	0.27%	0.01%
ORI	B	0.04%	0.13%	0.04%
OVV	D	0.05%	0.2%	0.05%
OXM	F	0.0%	0.02%	0.0%
OXY	D	0.11%	0.54%	0.11%
OZK	D	0.01%	0.13%	0.01%
PAGS	F	0.0%	0.11%	0.0%
PARR	F	0.0%	0.15%	0.0%
PATK	B	0.01%	0.12%	0.01%
PB	D	0.01%	0.17%	0.01%
PBF	F	0.03%	0.36%	0.03%
PCAR	C	0.12%	0.08%	0.08%
PCRX	D	0.0%	0.06%	0.0%
PENN	D	0.02%	0.07%	0.02%
PFC	D	0.0%	0.07%	0.0%
PFE	D	0.72%	0.65%	0.65%
PFG	C	0.08%	0.06%	0.06%
PFS	D	0.01%	0.15%	0.01%
PFSI	C	0.01%	0.05%	0.01%
PHIN	D	0.01%	0.1%	0.01%
PHM	A	0.12%	0.33%	0.12%
PINC	F	0.01%	0.15%	0.01%
PLAB	C	0.01%	0.05%	0.01%
PM	D	0.43%	0.13%	0.13%
PNC	C	0.25%	0.31%	0.25%
PNFP	D	0.01%	0.1%	0.01%
PPBI	D	0.01%	0.11%	0.01%
PPC	D	0.01%	0.05%	0.01%
PR	D	0.0%	0.14%	0.0%
PRDO	D	0.01%	0.34%	0.01%
PRGO	F	0.01%	0.2%	0.01%
PRU	C	0.2%	0.45%	0.2%
PSX	D	0.35%	0.86%	0.35%
PTEN	F	0.01%	0.17%	0.01%
PUMP	D	0.0%	0.14%	0.0%
PVH	F	0.04%	0.17%	0.04%
PYPL	C	0.19%	0.2%	0.19%
QCOM	C	0.42%	0.07%	0.07%
QRVO	F	0.04%	0.15%	0.04%
R	C	0.06%	0.41%	0.06%
RDN	D	0.02%	0.28%	0.02%
RDUS	D	0.0%	0.04%	0.0%
REVG	D	0.01%	0.09%	0.01%
REX	D	0.0%	0.05%	0.0%
REZI	D	0.02%	0.16%	0.02%
RF	C	0.07%	0.11%	0.07%
RGA	C	0.04%	0.05%	0.04%
RGP	F	0.0%	0.07%	0.0%
RJF	B	0.04%	0.09%	0.04%
RNG	D	0.01%	0.15%	0.01%
RNR	A	0.01%	0.14%	0.01%
RNST	D	0.0%	0.15%	0.0%
RPRX	D	0.01%	0.19%	0.01%
RRC	B	0.01%	0.06%	0.01%
RRX	C	0.03%	0.11%	0.03%
RS	D	0.08%	0.02%	0.02%
RTX	A	0.34%	0.13%	0.13%
RUSHA	D	0.02%	0.06%	0.02%
RYAM	B	0.0%	0.02%	0.0%
RYI	F	0.01%	0.1%	0.01%
SAIC	A	0.03%	0.1%	0.03%
SANM	D	0.03%	0.08%	0.03%
SASR	C	0.01%	0.09%	0.01%
SBH	C	0.01%	0.14%	0.01%
SCHL	F	0.01%	0.09%	0.01%
SCHW	D	0.1%	0.12%	0.1%
SCSC	D	0.01%	0.09%	0.01%
SCVL	D	0.0%	0.03%	0.0%
SEB	F	0.0%	0.17%	0.0%
SF	A	0.02%	0.14%	0.02%
SFL	C	0.0%	0.1%	0.0%
SFNC	C	0.01%	0.04%	0.01%
SIG	C	0.02%	0.18%	0.02%
SKYW	C	0.01%	0.18%	0.01%
SLB	D	0.11%	0.28%	0.11%
SLM	C	0.03%	0.04%	0.03%
SLVM	C	0.02%	0.17%	0.02%
SM	C	0.02%	0.27%	0.02%
SMP	D	0.0%	0.06%	0.0%
SNDR	C	0.01%	0.16%	0.01%
SNEX	C	0.0%	0.07%	0.0%
SNV	D	0.02%	0.24%	0.02%
SNX	D	0.03%	0.19%	0.03%
SON	D	0.03%	0.15%	0.03%
SPTN	C	0.01%	0.12%	0.01%
SRCE	D	0.0%	0.08%	0.0%
SSB	C	0.01%	0.1%	0.01%
SSNC	C	0.03%	0.07%	0.03%
SSP	D	0.0%	0.07%	0.0%
ST	F	0.02%	0.18%	0.02%
STBA	D	0.0%	0.23%	0.0%
STC	C	0.01%	0.12%	0.01%
STLD	B	0.1%	0.16%	0.1%
STNE	F	0.0%	0.03%	0.0%
STNG	C	0.0%	0.25%	0.0%
STT	C	0.09%	0.02%	0.02%
SXC	F	0.0%	0.1%	0.0%
SYF	B	0.24%	0.4%	0.24%
T	A	1.2%	1.09%	1.09%
TALO	F	0.01%	0.05%	0.01%
TAP	D	0.05%	0.3%	0.05%
TCBK	D	0.0%	0.09%	0.0%
TDS	B	0.04%	0.18%	0.04%
TEX	F	0.01%	0.13%	0.01%
TFC	D	0.2%	0.83%	0.2%
TGNA	C	0.02%	0.2%	0.02%
TGT	D	0.36%	0.12%	0.12%
THG	C	0.02%	0.04%	0.02%
TITN	F	0.0%	0.06%	0.0%
TK	B	0.0%	0.05%	0.0%
TKR	D	0.02%	0.1%	0.02%
TMHC	C	0.04%	0.3%	0.04%
TMUS	A	0.21%	0.29%	0.21%
TNK	B	0.0%	0.26%	0.0%
TNL	C	0.02%	0.23%	0.02%
TOL	A	0.05%	0.16%	0.05%
TOWN	D	0.01%	0.13%	0.01%
TPC	A	0.01%	0.13%	0.01%
TPH	C	0.03%	0.23%	0.03%
TPR	C	0.04%	0.04%	0.04%
TRMK	D	0.01%	0.13%	0.01%
TROX	D	0.01%	0.24%	0.01%
TRV	C	0.27%	0.47%	0.27%
TTEC	D	0.0%	0.05%	0.0%
TTMI	D	0.01%	0.31%	0.01%
TWI	F	0.0%	0.12%	0.0%
TXT	F	0.06%	0.1%	0.06%
UAL	B	0.02%	0.29%	0.02%
UBSI	D	0.01%	0.08%	0.01%
UFPI	C	0.04%	0.11%	0.04%
UHAL	B	0.02%	0.21%	0.02%
UHS	D	0.08%	0.18%	0.08%
UIS	C	0.0%	0.03%	0.0%
UNFI	B	0.01%	0.16%	0.01%
UNM	A	0.05%	0.39%	0.05%
USB	D	0.27%	0.69%	0.27%
UTHR	C	0.02%	0.23%	0.02%
UVE	C	0.0%	0.09%	0.0%
UVV	D	0.01%	0.04%	0.01%
VAC	D	0.01%	0.1%	0.01%
VBTX	C	0.0%	0.13%	0.0%
VGR	B	0.01%	0.12%	0.01%
VLO	D	0.36%	0.86%	0.36%
VLY	C	0.01%	0.19%	0.01%
VREX	F	0.0%	0.02%	0.0%
VRNT	F	0.0%	0.05%	0.0%
VSH	F	0.01%	0.09%	0.01%
VTRS	D	0.09%	0.23%	0.09%
VZ	B	1.19%	0.99%	0.99%
WAFD	D	0.01%	0.19%	0.01%
WAL	C	0.02%	0.15%	0.02%
WBS	D	0.01%	0.25%	0.01%
WCC	D	0.03%	0.15%	0.03%
WERN	D	0.02%	0.04%	0.02%
WFC	F	0.98%	0.74%	0.74%
WMB	A	0.13%	0.36%	0.13%
WMK	D	0.01%	0.03%	0.01%
WNC	F	0.01%	0.08%	0.01%
WSBC	D	0.01%	0.16%	0.01%
WTTR	B	0.0%	0.03%	0.0%
WWW	A	0.01%	0.22%	0.01%
XOM	A	1.9%	0.68%	0.68%
XRAY	D	0.02%	0.06%	0.02%
XRX	D	0.02%	0.13%	0.02%
ZD	D	0.01%	0.15%	0.01%
ZEUS	F	0.0%	0.04%	0.0%
ZIMV	F	0.0%	0.02%	0.0%
ZION	D	0.04%	0.16%	0.04%

FNDB Overweight 1179 Positions Relative to VFVA

Symbol	Grade	Weight
AAPL	C	4.12%
MSFT	D	2.29%
BRK.A	C	2.03%
META	A	1.71%
WMT	A	1.35%
AMZN	C	1.31%
GOOGL	B	1.21%
UNH	B	1.14%
HD	A	0.77%
PG	D	0.76%
COST	C	0.6%
AVGO	C	0.58%
ABBV	B	0.55%
LUMN	C	0.48%
MRK	F	0.47%
ORCL	C	0.43%
LOW	A	0.42%
PEP	F	0.41%
CAT	A	0.4%
AMGN	D	0.4%
KO	C	0.39%
LMT	A	0.39%
DIS	D	0.37%
MU	D	0.36%
UNP	D	0.35%
LIN	B	0.33%
MCD	A	0.33%
ACN	B	0.33%
HON	C	0.32%
TXN	C	0.32%
ABT	C	0.32%
AXP	B	0.32%
NVDA	B	0.31%
V	C	0.31%
DUK	B	0.3%
CHTR	D	0.28%
SBUX	C	0.27%
TMO	D	0.27%
UPS	D	0.27%
SO	A	0.26%
MA	A	0.26%
NEE	A	0.26%
BLK	A	0.24%
AMAT	B	0.24%
PGR	C	0.22%
TSLA	C	0.22%
TJX	D	0.21%
MDLZ	D	0.21%
NKE	D	0.21%
LLY	D	0.21%
ETN	C	0.2%
CSX	D	0.2%
NOC	B	0.2%
DFS	C	0.19%
BKNG	C	0.19%
DD	C	0.18%
ADBE	F	0.18%
TSN	D	0.18%
NSC	D	0.18%
CTSH	B	0.17%
EXC	A	0.17%
BBY	C	0.17%
D	A	0.17%
WBA	F	0.16%
DHR	D	0.16%
AEP	C	0.16%
CMI	A	0.16%
NEM	C	0.16%
LHX	A	0.15%
GE	C	0.15%
LRCX	D	0.15%
WM	B	0.14%
NFLX	B	0.14%
EMR	B	0.14%
ITW	B	0.14%
SPGI	B	0.14%
JCI	C	0.14%
GLW	C	0.13%
REGN	D	0.13%
AMT	C	0.13%
ADI	C	0.13%
BKR	B	0.13%
VST	B	0.13%
ADP	A	0.13%
MMC	D	0.13%
CL	D	0.13%
SRE	B	0.12%
CEG	A	0.12%
CBRE	B	0.12%
BA	F	0.12%
AMP	A	0.12%
URI	C	0.12%
CRM	B	0.12%
WDC	C	0.12%
CARR	B	0.12%
ED	A	0.12%
FITB	C	0.11%
PEG	A	0.11%
TROW	D	0.11%
FI	A	0.11%
ICE	A	0.11%
PH	B	0.11%
APD	C	0.11%
XEL	B	0.11%
OKE	A	0.11%
SYK	C	0.11%
AON	B	0.11%
SPG	A	0.1%
PARA	F	0.1%
ORLY	A	0.1%
BIIB	F	0.1%
EIX	B	0.1%
GEHC	C	0.1%
KKR	C	0.1%
KMB	D	0.1%
NRG	A	0.1%
CCI	C	0.1%
ETR	A	0.1%
AMD	B	0.1%
BX	C	0.1%
PPL	B	0.1%
CTVA	A	0.09%
WKC	B	0.09%
KLAC	B	0.09%
FE	C	0.09%
INTU	F	0.09%
STX	B	0.09%
WELL	C	0.09%
SYY	D	0.09%
WY	C	0.09%
APH	D	0.08%
MAR	B	0.08%
DTE	A	0.08%
YUM	B	0.08%
KDP	C	0.08%
ZTS	C	0.08%
CME	A	0.08%
NVR	B	0.08%
EQIX	C	0.08%
MRO	C	0.08%
WEC	A	0.08%
SHW	C	0.08%
SW	C	0.08%
SWK	C	0.08%
ECL	B	0.08%
BSX	A	0.08%
ES	D	0.08%
PPG	D	0.08%
FOXA	A	0.08%
DG	F	0.08%
MCO	D	0.07%
X	F	0.07%
WBD	D	0.07%
THC	D	0.07%
EVRG	C	0.07%
AES	C	0.07%
USFD	C	0.07%
KSS	D	0.07%
GWW	B	0.07%
NTAP	D	0.07%
TDG	B	0.07%
VRTX	D	0.07%
WHR	C	0.07%
LDOS	A	0.07%
DLR	C	0.07%
IQV	F	0.07%
ROST	D	0.07%
BAX	D	0.07%
STZ	D	0.07%
CHRW	C	0.07%
OMC	C	0.07%
EA	D	0.07%
PLD	D	0.07%
ISRG	C	0.07%
CTAS	C	0.07%
VTR	C	0.07%
MGM	C	0.06%
WAB	B	0.06%
PSA	C	0.06%
SJM	D	0.06%
HWM	A	0.06%
TT	A	0.06%
DOV	B	0.06%
DVA	C	0.06%
TSCO	B	0.06%
MSI	A	0.06%
RSG	C	0.06%
LAD	C	0.06%
PAYX	A	0.06%
A	B	0.06%
CMS	A	0.06%
CNP	B	0.06%
BALL	C	0.06%
HAL	D	0.06%
NTRS	C	0.06%
KMX	F	0.06%
FAST	C	0.06%
VFC	B	0.06%
IRM	A	0.06%
K	A	0.06%
PWR	B	0.06%
CINF	B	0.06%
WTW	C	0.06%
PKG	B	0.06%
AEE	A	0.06%
CHK	D	0.06%
UGI	C	0.05%
CSL	A	0.05%
AJG	D	0.05%
DRI	C	0.05%
CPAY	A	0.05%
AVB	C	0.05%
CASY	D	0.05%
ODFL	F	0.05%
BXP	C	0.05%
JNPR	B	0.05%
NXPI	F	0.05%
J	F	0.05%
EL	D	0.05%
WSM	B	0.05%
MOH	D	0.05%
ROP	C	0.05%
DLTR	F	0.05%
EQR	C	0.05%
OTIS	A	0.05%
LNG	A	0.05%
KVUE	C	0.05%
AN	D	0.05%
HES	C	0.05%
FLEX	C	0.05%
EME	C	0.05%
ROK	C	0.05%
CDW	D	0.05%
TRGP	A	0.05%
AA	B	0.05%
GPC	D	0.05%
MAS	A	0.05%
IFF	C	0.05%
MCHP	F	0.05%
PFGC	A	0.05%
JBL	C	0.05%
HLT	B	0.05%
EVR	C	0.04%
WAT	B	0.04%
UBER	C	0.04%
KEYS	C	0.04%
GEN	B	0.04%
ATO	A	0.04%
FYBR	C	0.04%
CLX	C	0.04%
MKC	C	0.04%
HST	D	0.04%
DOX	B	0.04%
AYI	A	0.04%
IPG	D	0.04%
CHD	D	0.04%
KD	D	0.04%
MUSA	D	0.04%
EW	F	0.04%
O	A	0.04%
LVS	B	0.04%
MLM	F	0.04%
HSY	F	0.04%
AVY	D	0.04%
ON	F	0.04%
VRSK	C	0.04%
EXPD	D	0.04%
VMC	D	0.04%
HUN	C	0.04%
DKS	D	0.04%
CCK	C	0.04%
SFM	A	0.04%
HOLX	D	0.04%
LNT	A	0.04%
FBIN	B	0.04%
MRNA	F	0.04%
MNST	D	0.04%
PNW	B	0.04%
VNO	A	0.04%
JBHT	D	0.04%
ACM	A	0.04%
THO	C	0.04%
SNA	A	0.04%
BFH	D	0.04%
HSIC	D	0.04%
TER	C	0.04%
NI	A	0.04%
AFG	B	0.04%
AWK	C	0.04%
CCL	C	0.04%
SWKS	F	0.04%
AME	D	0.04%
ZBH	F	0.04%
L	D	0.04%
GNTX	D	0.03%
BURL	D	0.03%
INVH	F	0.03%
AVTR	D	0.03%
ALB	D	0.03%
ITT	C	0.03%
LII	C	0.03%
PCG	C	0.03%
AOS	B	0.03%
GRMN	D	0.03%
MSCI	B	0.03%
AIZ	B	0.03%
TRU	A	0.03%
TRMB	B	0.03%
KIM	C	0.03%
FTNT	B	0.03%
PANW	D	0.03%
RL	B	0.03%
VOYA	A	0.03%
CIEN	A	0.03%
APTV	D	0.03%
RVTY	C	0.03%
EXPE	B	0.03%
ARMK	B	0.03%
SNPS	F	0.03%
DECK	B	0.03%
CDNS	D	0.03%
ADSK	C	0.03%
OGE	A	0.03%
FFIV	B	0.03%
SLG	C	0.03%
MTZ	A	0.03%
STE	D	0.03%
LPLA	C	0.03%
NDAQ	B	0.03%
ESS	D	0.03%
CPRI	B	0.03%
IT	B	0.03%
FMC	C	0.03%
ARE	D	0.03%
IR	B	0.03%
ULTA	D	0.03%
CACI	A	0.03%
OSK	F	0.03%
SATS	C	0.03%
APO	B	0.03%
WSO	C	0.03%
FL	F	0.03%
CPB	D	0.03%
WRB	C	0.03%
RPM	B	0.03%
AMCR	C	0.03%
MAA	D	0.03%
HRL	F	0.03%
DPZ	D	0.03%
BR	B	0.03%
EFX	C	0.03%
EXR	C	0.03%
HUBB	B	0.03%
PNR	B	0.03%
FTV	C	0.03%
MRVL	B	0.03%
GAP	F	0.03%
LPX	C	0.03%
ANET	A	0.03%
RMD	C	0.03%
GEV	A	0.03%
AKAM	D	0.03%
DOC	C	0.03%
BAH	A	0.03%
HAS	B	0.03%
WU	D	0.03%
XYL	C	0.03%
ZIM	C	0.03%
CMG	C	0.03%
MTD	B	0.03%
ZBRA	C	0.03%
RHI	D	0.03%
RXO	D	0.02%
SEM	D	0.02%
COIN	F	0.02%
QRTEA	F	0.02%
UNIT	B	0.02%
AGNC	C	0.02%
KRC	C	0.02%
VMI	B	0.02%
GEO	C	0.02%
MOG.A	C	0.02%
VRSN	B	0.02%
XPO	F	0.02%
AVNT	C	0.02%
HIW	C	0.02%
PLXS	B	0.02%
WTRG	D	0.02%
MSM	D	0.02%
FIX	B	0.02%
Z	C	0.02%
EPAM	F	0.02%
UAA	B	0.02%
CBT	C	0.02%
BWXT	A	0.02%
MKSI	F	0.02%
FCN	C	0.02%
SPB	C	0.02%
SMG	B	0.02%
FLO	D	0.02%
AER	D	0.02%
BKH	C	0.02%
TTEK	A	0.02%
ANSS	D	0.02%
WST	D	0.02%
HEI	C	0.02%
AIT	B	0.02%
MIDD	D	0.02%
CHE	C	0.02%
FRT	D	0.02%
WLK	C	0.02%
CRS	C	0.02%
SCCO	B	0.02%
CRI	D	0.02%
CRUS	D	0.02%
GXO	D	0.02%
KMPR	D	0.02%
VLTO	A	0.02%
BECN	D	0.02%
POR	D	0.02%
LECO	F	0.02%
CHKP	C	0.02%
PRG	C	0.02%
SWX	C	0.02%
AEO	C	0.02%
MMS	C	0.02%
BLD	D	0.02%
WWD	C	0.02%
GME	D	0.02%
KBR	B	0.02%
DY	C	0.02%
FLS	B	0.02%
CLH	C	0.02%
TXRH	C	0.02%
TTC	D	0.02%
NFG	A	0.02%
NOW	C	0.02%
NDSN	C	0.02%
MAC	C	0.02%
CCEP	D	0.02%
TPX	C	0.02%
GLPI	A	0.02%
OHI	C	0.02%
GGG	C	0.02%
GNRC	B	0.02%
JWN	D	0.02%
NVT	D	0.02%
DCI	C	0.02%
POST	D	0.02%
CZR	B	0.02%
DELL	C	0.02%
PAG	D	0.02%
WPC	C	0.02%
STWD	C	0.02%
NOV	F	0.02%
SQ	D	0.02%
ABM	D	0.02%
FTI	B	0.02%
AXTA	C	0.02%
JKHY	A	0.02%
SBAC	C	0.02%
CTLT	A	0.02%
TFX	C	0.02%
CPT	C	0.02%
PK	D	0.02%
ATR	A	0.02%
MPW	C	0.02%
BRX	C	0.02%
FICO	A	0.02%
COR	F	0.02%
GDDY	D	0.02%
POOL	B	0.02%
REG	C	0.02%
LAMR	C	0.02%
PRI	A	0.02%
LUV	B	0.02%
FSLR	C	0.02%
EXP	B	0.02%
BJ	C	0.02%
CNH	D	0.02%
BRO	A	0.02%
EHC	B	0.02%
ALGN	D	0.02%
UDR	C	0.02%
CNX	A	0.02%
G	A	0.02%
SKX	D	0.02%
BAP	B	0.02%
VICI	C	0.02%
TTWO	F	0.02%
CAR	F	0.02%
IEX	D	0.02%
SCI	D	0.02%
NSIT	B	0.02%
ILMN	B	0.02%
SOLV	C	0.02%
SEIC	B	0.02%
SUI	D	0.02%
ANF	F	0.02%
CPRT	C	0.02%
TDY	A	0.02%
CW	A	0.02%
IDXX	D	0.02%
LSTR	F	0.02%
PII	D	0.02%
RCL	C	0.02%
SEE	D	0.02%
ACI	F	0.02%
FLR	C	0.02%
FORM	F	0.01%
TTD	A	0.01%
CPK	C	0.01%
HALO	C	0.01%
KAI	C	0.01%
CNS	C	0.01%
MODG	F	0.01%
REYN	D	0.01%
GOLF	F	0.01%
PEB	D	0.01%
CSWI	C	0.01%
CVI	D	0.01%
BDN	A	0.01%
CCOI	B	0.01%
HWKN	C	0.01%
CBZ	F	0.01%
COTY	F	0.01%
OII	C	0.01%
MTRN	F	0.01%
THRM	F	0.01%
KN	D	0.01%
CSGS	C	0.01%
LADR	D	0.01%
ADC	B	0.01%
FTDR	C	0.01%
ESE	C	0.01%
FFIN	D	0.01%
VSAT	F	0.01%
NSA	C	0.01%
ROG	F	0.01%
JJSF	C	0.01%
OPEN	F	0.01%
LBRDK	B	0.01%
MGRC	D	0.01%
UCTT	D	0.01%
YETI	C	0.01%
RAMP	F	0.01%
PAYC	D	0.01%
CXT	F	0.01%
AAON	B	0.01%
NSP	F	0.01%
GO	F	0.01%
AMRK	B	0.01%
KW	C	0.01%
MYRG	F	0.01%
CDE	C	0.01%
AKR	C	0.01%
SAFT	D	0.01%
BKD	F	0.01%
IBTX	D	0.01%
RRR	D	0.01%
KLG	D	0.01%
EXPO	A	0.01%
ONTO	C	0.01%
ARI	F	0.01%
KFRC	F	0.01%
DXCM	F	0.01%
WOR	F	0.01%
NWN	D	0.01%
MGEE	B	0.01%
GNL	D	0.01%
PRIM	C	0.01%
IRDM	B	0.01%
HTLF	C	0.01%
RHP	C	0.01%
ERIE	B	0.01%
CWT	D	0.01%
IBKR	A	0.01%
AZEK	C	0.01%
HAE	D	0.01%
ROCK	D	0.01%
PBI	C	0.01%
BLMN	F	0.01%
WSFS	D	0.01%
POWI	F	0.01%
BMRN	F	0.01%
LXP	D	0.01%
ORA	C	0.01%
REXR	D	0.01%
CVBF	B	0.01%
STRA	F	0.01%
SYNA	F	0.01%
CENTA	F	0.01%
RBC	C	0.01%
MGY	B	0.01%
OLED	C	0.01%
BCPC	D	0.01%
UCB	D	0.01%
CNXN	C	0.01%
STRL	C	0.01%
HI	F	0.01%
ALEX	D	0.01%
GFF	C	0.01%
CORT	B	0.01%
TW	A	0.01%
MMSI	C	0.01%
EGP	D	0.01%
ATI	C	0.01%
PMT	C	0.01%
BKE	D	0.01%
ENR	B	0.01%
PDM	C	0.01%
NPO	C	0.01%
CBU	D	0.01%
ESRT	C	0.01%
OSIS	C	0.01%
NHI	C	0.01%
VIAV	B	0.01%
FN	B	0.01%
ABR	C	0.01%
ICFI	C	0.01%
IBOC	D	0.01%
MSA	F	0.01%
OTTR	F	0.01%
NHC	D	0.01%
ENOV	F	0.01%
KALU	D	0.01%
SAM	C	0.01%
ROKU	B	0.01%
AM	A	0.01%
VC	F	0.01%
AIN	F	0.01%
AEIS	D	0.01%
NGVT	D	0.01%
FHI	C	0.01%
HL	C	0.01%
PBH	D	0.01%
UE	C	0.01%
SHO	D	0.01%
HEES	C	0.01%
LRN	C	0.01%
AZZ	C	0.01%
DDS	D	0.01%
PINS	C	0.01%
CWEN	C	0.01%
SKT	A	0.01%
FIVE	D	0.01%
LANC	F	0.01%
PLTR	A	0.01%
CPNG	C	0.01%
KRG	C	0.01%
IDCC	A	0.01%
WSC	D	0.01%
MORN	C	0.01%
DORM	D	0.01%
HTH	F	0.01%
JBT	B	0.01%
PSN	A	0.01%
MANH	C	0.01%
RLI	A	0.01%
PECO	C	0.01%
PTC	D	0.01%
XHR	C	0.01%
COMP	C	0.01%
PLNT	B	0.01%
BOH	D	0.01%
WDAY	D	0.01%
ECPG	F	0.01%
SMTC	C	0.01%
RLJ	D	0.01%
BRKR	D	0.01%
CHX	C	0.01%
TNET	F	0.01%
IOSP	F	0.01%
IBP	C	0.01%
VSTO	B	0.01%
TECH	D	0.01%
MWA	A	0.01%
FR	D	0.01%
OPCH	F	0.01%
FSS	D	0.01%
IPGP	D	0.01%
ABNB	D	0.01%
STAG	D	0.01%
APOG	C	0.01%
APG	F	0.01%
HELE	D	0.01%
EXLS	A	0.01%
DRH	D	0.01%
CNM	F	0.01%
TREX	D	0.01%
ETSY	F	0.01%
DIOD	F	0.01%
UPBD	F	0.01%
ITRI	C	0.01%
CVLT	C	0.01%
TCBI	C	0.01%
BGC	B	0.01%
MCY	B	0.01%
CNK	D	0.01%
RIG	F	0.01%
ITGR	C	0.01%
KAR	F	0.01%
AIR	D	0.01%
TWLO	B	0.01%
AMN	F	0.01%
WEN	D	0.01%
FELE	C	0.01%
TPG	B	0.01%
HPP	F	0.01%
TPL	A	0.01%
IAC	D	0.01%
AROC	B	0.01%
AMED	D	0.01%
SAH	D	0.01%
BOOT	C	0.01%
MKTX	B	0.01%
SCL	D	0.01%
DNOW	F	0.01%
GMED	D	0.01%
APP	A	0.01%
GBCI	C	0.01%
MASI	B	0.01%
CDP	A	0.01%
TYL	B	0.01%
UMBF	C	0.01%
SUM	F	0.01%
WTS	C	0.01%
B	B	0.01%
ICLR	D	0.01%
ENSG	D	0.01%
PLUS	C	0.01%
SLGN	C	0.01%
CVCO	C	0.01%
ARES	A	0.01%
RGLD	C	0.01%
H	C	0.01%
YELP	F	0.01%
IGT	F	0.01%
DLB	C	0.01%
JBGS	C	0.01%
HE	F	0.01%
APAM	C	0.01%
TDC	D	0.01%
KTB	C	0.01%
ICUI	C	0.01%
MTX	D	0.01%
COKE	C	0.01%
CBRL	D	0.01%
AGO	B	0.01%
CBOE	B	0.01%
VNT	F	0.01%
BXMT	C	0.01%
CHDN	D	0.01%
HTZ	F	0.01%
NEU	F	0.01%
CGNX	F	0.01%
RYN	C	0.01%
BFAM	B	0.01%
VEEV	C	0.01%
AGR	B	0.01%
OUT	C	0.01%
CACC	F	0.01%
SIGI	D	0.01%
PIPR	B	0.01%
ESAB	C	0.01%
EBS	D	0.01%
WEX	C	0.01%
SXT	C	0.01%
EPR	C	0.01%
EXEL	B	0.01%
ROL	C	0.01%
LAUR	C	0.01%
LULU	D	0.01%
VYX	B	0.01%
SCS	F	0.01%
SLAB	D	0.01%
WMS	D	0.01%
FND	C	0.01%
DASH	B	0.01%
ACHC	F	0.01%
SKY	B	0.01%
SVC	F	0.01%
LNW	F	0.01%
RH	C	0.01%
WTM	C	0.01%
APLE	D	0.01%
MOD	B	0.01%
CYH	C	0.01%
VVV	F	0.01%
THS	D	0.01%
SITE	D	0.01%
WGO	D	0.01%
ALLE	A	0.01%
NJR	C	0.01%
AVA	D	0.01%
OLLI	C	0.01%
ALE	A	0.01%
KMT	D	0.01%
FHB	D	0.01%
BDC	B	0.01%
UNF	A	0.01%
MPWR	B	0.01%
WD	C	0.01%
ACIW	B	0.01%
PDCO	F	0.01%
EEFT	F	0.01%
NOMD	D	0.01%
HXL	F	0.01%
CBSH	D	0.01%
ACA	C	0.01%
LGIH	C	0.01%
HLI	B	0.01%
CSGP	F	0.01%
SSD	B	0.01%
CALM	A	0.01%
URBN	F	0.01%
JBLU	B	0.01%
PSMT	C	0.01%
PCH	C	0.01%
NWE	B	0.01%
ENTG	D	0.01%
BCO	C	0.01%
FUL	F	0.01%
DHC	C	0.01%
SPOT	C	0.01%
MC	C	0.01%
VSTS	D	0.01%
HNI	C	0.01%
WTFC	C	0.01%
LITE	A	0.01%
AMH	D	0.01%
TRN	C	0.01%
ADTN	C	0.01%
COLM	D	0.01%
NNN	A	0.01%
WH	C	0.01%
BIO	B	0.01%
KNF	C	0.01%
HP	D	0.01%
LFUS	D	0.01%
CUZ	C	0.01%
PNM	B	0.01%
NYT	C	0.01%
SRCL	A	0.01%
SN	A	0.01%
SBRA	C	0.01%
KEX	C	0.01%
MTCH	B	0.01%
WYNN	B	0.01%
ZM	C	0.01%
ASH	F	0.01%
SR	D	0.01%
SPR	F	0.01%
GMS	C	0.01%
FDS	C	0.01%
VRT	B	0.01%
IDA	D	0.01%
VIRT	B	0.01%
OGS	C	0.01%
MTN	D	0.01%
COLD	D	0.01%
DBRG	D	0.01%
CR	C	0.01%
SAIA	D	0.01%
MAT	D	0.01%
CRL	F	0.01%
ELS	D	0.01%
CUBE	C	0.01%
LCII	C	0.01%
INCY	B	0.01%
LOPE	D	0.01%
BHE	C	0.01%
ALV	F	0.01%
SHOO	C	0.01%
VSCO	C	0.01%
DEI	A	0.01%
AWI	A	0.01%
LW	D	0.01%
GVA	B	0.01%
MGPI	F	0.0%
TBBK	B	0.0%
SEG	D	0.0%
AOSL	D	0.0%
GIC	D	0.0%
PKST	D	0.0%
AMRC	C	0.0%
ALGM	F	0.0%
CRNC	F	0.0%
LESL	F	0.0%
KE	F	0.0%
GPRO	F	0.0%
THR	F	0.0%
AMPH	C	0.0%
PETS	D	0.0%
GSM	F	0.0%
ONEW	F	0.0%
SPWH	D	0.0%
MODV	F	0.0%
GPMT	D	0.0%
CENT	F	0.0%
RILY	F	0.0%
PRM	C	0.0%
AVD	F	0.0%
CRMT	F	0.0%
BRSP	D	0.0%
HLNE	A	0.0%
AMSF	B	0.0%
SEDG	F	0.0%
NPK	F	0.0%
CMTL	C	0.0%
USPH	F	0.0%
SRI	F	0.0%
KRNY	C	0.0%
MYE	F	0.0%
SSYS	D	0.0%
FLGT	F	0.0%
DHIL	C	0.0%
FIZZ	F	0.0%
IRBT	D	0.0%
ATNI	B	0.0%
FLWS	F	0.0%
AMBC	F	0.0%
GTY	C	0.0%
CLOV	A	0.0%
CSR	D	0.0%
CSV	D	0.0%
DAY	B	0.0%
ARKO	C	0.0%
CTRN	D	0.0%
TMP	C	0.0%
PLOW	D	0.0%
PLCE	C	0.0%
WOLF	F	0.0%
CLDT	D	0.0%
MEI	F	0.0%
CMP	D	0.0%
UFCS	D	0.0%
BJRI	C	0.0%
OPK	D	0.0%
WASH	D	0.0%
OPI	F	0.0%
VSEC	D	0.0%
AGM	F	0.0%
WABC	F	0.0%
SHYF	F	0.0%
TPIC	C	0.0%
WOW	D	0.0%
ARCO	D	0.0%
EDR	A	0.0%
CRAI	B	0.0%
BANF	D	0.0%
SFIX	F	0.0%
ALKS	B	0.0%
AVO	C	0.0%
GDEN	D	0.0%
DCO	C	0.0%
ALTO	D	0.0%
WMG	C	0.0%
TEN	B	0.0%
HASI	B	0.0%
RMBS	F	0.0%
KREF	C	0.0%
CNNE	F	0.0%
OKTA	F	0.0%
SHEN	F	0.0%
CLVT	D	0.0%
CLB	C	0.0%
WRLD	D	0.0%
PEGA	C	0.0%
TBI	F	0.0%
MERC	D	0.0%
VIR	F	0.0%
DAC	B	0.0%
BBSI	C	0.0%
PRLB	F	0.0%
SBSI	D	0.0%
AVNS	D	0.0%
UTL	D	0.0%
SSTK	F	0.0%
KNSL	C	0.0%
PRVA	F	0.0%
MXL	D	0.0%
SBCF	D	0.0%
DBI	F	0.0%
HSII	D	0.0%
AGL	F	0.0%
EVTC	C	0.0%
WOOF	A	0.0%
USNA	F	0.0%
MP	B	0.0%
CALX	D	0.0%
EBF	C	0.0%
IHRT	B	0.0%
XPRO	F	0.0%
CBL	D	0.0%
TKO	A	0.0%
CPF	C	0.0%
LYV	B	0.0%
CVGW	C	0.0%
ASTE	F	0.0%
DT	B	0.0%
USM	C	0.0%
VCTR	A	0.0%
RUN	D	0.0%
SNOW	F	0.0%
XP	F	0.0%
ETD	C	0.0%
IVT	B	0.0%
THRY	F	0.0%
STEP	A	0.0%
SBLK	C	0.0%
CTRE	B	0.0%
RGR	F	0.0%
CARS	F	0.0%
AMC	F	0.0%
SFBS	D	0.0%
GLDD	B	0.0%
CPS	F	0.0%
RC	F	0.0%
RWT	C	0.0%
SPSC	F	0.0%
VAL	F	0.0%
PEN	D	0.0%
RDNT	C	0.0%
TRTX	D	0.0%
PRA	B	0.0%
CMTG	F	0.0%
ZUMZ	D	0.0%
ALRM	F	0.0%
MNRO	C	0.0%
GLOB	C	0.0%
SENEA	B	0.0%
ASTH	A	0.0%
LKFN	F	0.0%
PZZA	D	0.0%
VTLE	F	0.0%
SGRY	C	0.0%
IPAR	F	0.0%
WFRD	F	0.0%
RGEN	F	0.0%
FBRT	C	0.0%
SWBI	F	0.0%
AGX	A	0.0%
HMST	B	0.0%
CNSL	A	0.0%
ILPT	D	0.0%
HLIO	B	0.0%
VRTS	F	0.0%
ZI	D	0.0%
SNAP	D	0.0%
PRAA	F	0.0%
CHCO	D	0.0%
LEVI	C	0.0%
GTLS	F	0.0%
NBR	D	0.0%
TOST	B	0.0%
EAF	C	0.0%
AAN	B	0.0%
BRBR	A	0.0%
NVEE	F	0.0%
ACLS	F	0.0%
INVA	B	0.0%
CMPR	F	0.0%
RKT	D	0.0%
RES	B	0.0%
MYGN	D	0.0%
AGRO	C	0.0%
PTON	C	0.0%
LTC	D	0.0%
LNN	C	0.0%
LIVN	B	0.0%
LSCC	D	0.0%
COHU	F	0.0%
CMCO	C	0.0%
HAYW	C	0.0%
ICHR	D	0.0%
EPAC	C	0.0%
SUPN	D	0.0%
AZTA	F	0.0%
VRE	C	0.0%
NEOG	F	0.0%
CCO	D	0.0%
NTGR	C	0.0%
CTS	D	0.0%
KLIC	C	0.0%
FCPT	C	0.0%
AY	B	0.0%
HZO	D	0.0%
JBSS	F	0.0%
CODI	D	0.0%
ECVT	F	0.0%
MRC	D	0.0%
EPRT	C	0.0%
NVRI	D	0.0%
PODD	C	0.0%
HCSG	F	0.0%
SJW	F	0.0%
NOVT	D	0.0%
SGH	D	0.0%
TSE	B	0.0%
WHD	B	0.0%
PLAY	D	0.0%
LYFT	D	0.0%
PRFT	A	0.0%
EXAS	C	0.0%
GFS	F	0.0%
CNMD	D	0.0%
WDFC	D	0.0%
HTLD	F	0.0%
HQY	C	0.0%
PSTG	F	0.0%
DEA	D	0.0%
SONO	D	0.0%
ADUS	D	0.0%
CSTM	F	0.0%
TRNO	D	0.0%
CHEF	D	0.0%
CWST	D	0.0%
TILE	D	0.0%
FBP	D	0.0%
KTOS	A	0.0%
PJT	C	0.0%
PRGS	B	0.0%
BSIG	D	0.0%
VRRM	D	0.0%
TDOC	D	0.0%
WING	C	0.0%
SMPL	D	0.0%
AWR	B	0.0%
MELI	D	0.0%
HURN	D	0.0%
TRIP	F	0.0%
QLYS	F	0.0%
CRK	B	0.0%
MMI	D	0.0%
BLKB	C	0.0%
NBIX	F	0.0%
AAT	C	0.0%
TRS	D	0.0%
HMN	C	0.0%
OEC	F	0.0%
TNC	F	0.0%
CWH	C	0.0%
MEDP	F	0.0%
ENV	B	0.0%
ELME	C	0.0%
CAKE	B	0.0%
BSY	D	0.0%
CARG	C	0.0%
LGF.A	F	0.0%
SABR	C	0.0%
CASH	D	0.0%
PGRE	D	0.0%
ROAD	C	0.0%
HHH	C	0.0%
W	D	0.0%
KWR	F	0.0%
GCI	C	0.0%
ZWS	A	0.0%
SNBR	C	0.0%
DFIN	D	0.0%
BNL	C	0.0%
ENPH	F	0.0%
PTVE	D	0.0%
ALG	F	0.0%
SXI	C	0.0%
GPRE	F	0.0%
PRK	D	0.0%
CHH	C	0.0%
MRCY	B	0.0%
MRTN	F	0.0%
GWRE	A	0.0%
ROIC	C	0.0%
BMI	A	0.0%
EYE	F	0.0%
GES	F	0.0%
EXPI	C	0.0%
BRC	C	0.0%
IRT	D	0.0%

FNDB Underweight 61 Positions Relative to VFVA

Symbol	Grade	Weight
FOX	A	-0.39%
BHF	F	-0.24%
MBUU	C	-0.22%
GPOR	B	-0.22%
ASC	C	-0.2%
CHGG	F	-0.19%
SNCY	D	-0.18%
XPOF	F	-0.15%
PLTK	C	-0.15%
PEBO	F	-0.14%
BELFB	A	-0.14%
MCB	B	-0.14%
DCOM	C	-0.12%
BANC	D	-0.12%
UA	B	-0.11%
SB	B	-0.11%
NAT	B	-0.11%
APPS	F	-0.11%
VTOL	D	-0.1%
TRST	D	-0.1%
GOGL	B	-0.09%
RPAY	F	-0.08%
FFWM	D	-0.08%
SD	D	-0.08%
RMAX	C	-0.08%
INMD	F	-0.07%
BOOM	D	-0.07%
BHLB	D	-0.07%
LILA	D	-0.06%
EGY	C	-0.06%
ETWO	F	-0.05%
LXU	B	-0.05%
MCFT	F	-0.05%
IIIN	F	-0.05%
FBMS	D	-0.05%
KODK	D	-0.04%
LC	C	-0.04%
BBW	B	-0.04%
BY	D	-0.04%
OBK	F	-0.04%
HBNC	D	-0.04%
REPX	B	-0.04%
BW	C	-0.04%
IMMR	D	-0.03%
PFBC	D	-0.03%
KRO	C	-0.03%
OLPX	C	-0.03%
NBHC	D	-0.03%
QCRH	D	-0.03%
SWI	C	-0.03%
TBRG	D	-0.03%
AMRX	B	-0.03%
BALY	B	-0.03%
NFBK	D	-0.03%
AMAL	D	-0.03%
DRVN	C	-0.03%
UCBI	B	-0.02%
ACT	C	-0.02%
HRTG	D	-0.01%
AMPY	C	-0.01%
FF	B	-0.01%