FNDX vs. CFO ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO)

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large 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

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

CFO

Compass EMP US 500 Enhanced Volatility Weighted Index ETF

CFO Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index is an unmanaged index that consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges with consistent positive earnings and weighted based on the volatility of each stock. Under normal market conditions, the fund invests at least 80% of its assets in the securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$73.21

Average Daily Volume

10,127

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	CFO
30 Days	3.67%	4.74%
60 Days	4.58%	5.72%
90 Days	6.53%	8.14%
12 Months	29.67%	27.88%

427 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in CFO	Overlap
A	D	0.05%	0.16%	0.05%
AAPL	C	4.35%	0.2%	0.2%
ABBV	D	0.49%	0.21%	0.21%
ABT	B	0.34%	0.26%	0.26%
ACGL	D	0.03%	0.2%	0.03%
ACM	A	0.05%	0.23%	0.05%
ACN	C	0.36%	0.21%	0.21%
ADBE	C	0.2%	0.12%	0.12%
ADI	D	0.13%	0.13%	0.13%
ADM	D	0.21%	0.11%	0.11%
ADP	B	0.15%	0.35%	0.15%
ADSK	A	0.03%	0.2%	0.03%
AEE	A	0.07%	0.25%	0.07%
AEP	D	0.16%	0.23%	0.16%
AES	F	0.05%	0.11%	0.05%
AFG	A	0.05%	0.27%	0.05%
AFL	B	0.21%	0.22%	0.21%
AIG	B	0.28%	0.23%	0.23%
AJG	B	0.05%	0.25%	0.05%
AKAM	D	0.03%	0.15%	0.03%
ALGN	D	0.02%	0.11%	0.02%
ALL	A	0.27%	0.23%	0.23%
ALLE	D	0.01%	0.21%	0.01%
ALLY	C	0.1%	0.12%	0.1%
AMAT	F	0.24%	0.11%	0.11%
AMD	F	0.09%	0.09%	0.09%
AME	A	0.05%	0.25%	0.05%
AMGN	D	0.39%	0.16%	0.16%
AMP	A	0.15%	0.32%	0.15%
AMZN	C	1.56%	0.2%	0.2%
ANET	C	0.04%	0.13%	0.04%
AON	A	0.13%	0.23%	0.13%
AOS	F	0.02%	0.17%	0.02%
APD	A	0.13%	0.18%	0.13%
APH	A	0.09%	0.2%	0.09%
APO	B	0.03%	0.22%	0.03%
APTV	D	0.02%	0.09%	0.02%
ATO	A	0.04%	0.34%	0.04%
AVGO	D	0.61%	0.11%	0.11%
AVTR	F	0.02%	0.12%	0.02%
AVY	D	0.04%	0.25%	0.04%
AWK	D	0.04%	0.21%	0.04%
AXP	A	0.36%	0.23%	0.23%
AZO	C	0.06%	0.22%	0.06%
BAC	A	1.3%	0.23%	0.23%
BAH	F	0.03%	0.17%	0.03%
BBY	D	0.16%	0.12%	0.12%
BDX	F	0.11%	0.24%	0.11%
BG	F	0.1%	0.17%	0.1%
BIIB	F	0.09%	0.14%	0.09%
BK	A	0.26%	0.3%	0.26%
BKNG	A	0.24%	0.22%	0.22%
BKR	B	0.16%	0.23%	0.16%
BLD	D	0.01%	0.1%	0.01%
BLDR	D	0.06%	0.1%	0.06%
BLK	C	0.28%	0.29%	0.28%
BR	A	0.03%	0.26%	0.03%
BRK.A	B	2.17%	0.34%	0.34%
BRO	B	0.02%	0.26%	0.02%
BSX	B	0.09%	0.29%	0.09%
BURL	A	0.03%	0.13%	0.03%
BX	A	0.13%	0.2%	0.13%
C	A	1.1%	0.21%	0.21%
CAG	D	0.06%	0.19%	0.06%
CAH	B	0.07%	0.23%	0.07%
CARR	D	0.12%	0.16%	0.12%
CASY	A	0.05%	0.18%	0.05%
CAT	B	0.41%	0.2%	0.2%
CB	C	0.26%	0.28%	0.26%
CBOE	B	0.01%	0.22%	0.01%
CBRE	B	0.13%	0.19%	0.13%
CDNS	B	0.03%	0.17%	0.03%
CDW	F	0.04%	0.15%	0.04%
CE	F	0.03%	0.1%	0.03%
CEG	D	0.1%	0.11%	0.1%
CF	B	0.07%	0.18%	0.07%
CFG	B	0.1%	0.17%	0.1%
CHD	B	0.04%	0.31%	0.04%
CHRW	C	0.08%	0.15%	0.08%
CHTR	C	0.35%	0.13%	0.13%
CI	F	0.48%	0.22%	0.22%
CINF	A	0.07%	0.25%	0.07%
CL	D	0.13%	0.28%	0.13%
CLX	B	0.04%	0.22%	0.04%
CMCSA	B	0.83%	0.24%	0.24%
CME	A	0.08%	0.28%	0.08%
CMG	B	0.04%	0.17%	0.04%
CMI	A	0.19%	0.22%	0.19%
CMS	C	0.06%	0.27%	0.06%
CNC	D	0.19%	0.13%	0.13%
CNP	B	0.06%	0.24%	0.06%
COF	B	0.48%	0.23%	0.23%
COP	C	0.48%	0.24%	0.24%
COR	B	0.02%	0.28%	0.02%
COST	B	0.66%	0.24%	0.24%
CPAY	A	0.06%	0.21%	0.06%
CPB	D	0.03%	0.2%	0.03%
CPRT	A	0.03%	0.27%	0.03%
CRBG	B	0.04%	0.17%	0.04%
CRM	B	0.15%	0.17%	0.15%
CSCO	B	0.82%	0.29%	0.29%
CSL	C	0.05%	0.19%	0.05%
CSX	B	0.22%	0.29%	0.22%
CTAS	B	0.08%	0.26%	0.08%
CTRA	B	0.03%	0.22%	0.03%
CTSH	B	0.19%	0.24%	0.19%
CTVA	C	0.09%	0.15%	0.09%
CVS	D	0.68%	0.14%	0.14%
CVX	A	1.25%	0.27%	0.27%
CW	B	0.03%	0.27%	0.03%
D	C	0.17%	0.2%	0.17%
DAL	C	0.03%	0.23%	0.03%
DD	D	0.17%	0.17%	0.17%
DE	A	0.23%	0.2%	0.2%
DECK	A	0.03%	0.13%	0.03%
DELL	C	0.03%	0.08%	0.03%
DG	F	0.08%	0.09%	0.08%
DGX	A	0.07%	0.23%	0.07%
DHI	D	0.16%	0.12%	0.12%
DHR	F	0.15%	0.18%	0.15%
DIS	B	0.45%	0.21%	0.21%
DKS	C	0.04%	0.1%	0.04%
DOV	A	0.06%	0.25%	0.06%
DOW	F	0.18%	0.2%	0.18%
DPZ	C	0.03%	0.17%	0.03%
DRI	B	0.05%	0.24%	0.05%
DTE	C	0.07%	0.23%	0.07%
DUK	C	0.3%	0.29%	0.29%
DVA	B	0.06%	0.17%	0.06%
DVN	F	0.09%	0.18%	0.09%
EA	A	0.09%	0.29%	0.09%
EBAY	D	0.17%	0.2%	0.17%
ECL	D	0.08%	0.23%	0.08%
ED	D	0.12%	0.26%	0.12%
EFX	F	0.03%	0.14%	0.03%
EG	C	0.02%	0.18%	0.02%
EIX	B	0.1%	0.23%	0.1%
EL	F	0.03%	0.09%	0.03%
ELV	F	0.36%	0.18%	0.18%
EME	C	0.06%	0.2%	0.06%
EMN	D	0.08%	0.21%	0.08%
EMR	A	0.17%	0.22%	0.17%
EOG	A	0.23%	0.23%	0.23%
EPAM	C	0.02%	0.13%	0.02%
EQH	B	0.05%	0.23%	0.05%
EQT	B	0.04%	0.19%	0.04%
ETN	A	0.23%	0.2%	0.2%
ETR	B	0.12%	0.31%	0.12%
EVRG	A	0.07%	0.28%	0.07%
EW	C	0.04%	0.1%	0.04%
EWBC	A	0.03%	0.21%	0.03%
EXC	C	0.17%	0.21%	0.17%
EXPD	D	0.04%	0.22%	0.04%
EXPE	B	0.04%	0.15%	0.04%
F	C	0.33%	0.12%	0.12%
FANG	D	0.05%	0.17%	0.05%
FAST	B	0.07%	0.26%	0.07%
FCNCA	A	0.02%	0.17%	0.02%
FCX	D	0.14%	0.13%	0.13%
FDX	B	0.32%	0.15%	0.15%
FE	C	0.09%	0.26%	0.09%
FFIV	B	0.03%	0.22%	0.03%
FI	A	0.13%	0.34%	0.13%
FIS	C	0.12%	0.22%	0.12%
FITB	A	0.13%	0.19%	0.13%
FNF	B	0.06%	0.2%	0.06%
FOXA	B	0.1%	0.26%	0.1%
FSLR	F	0.01%	0.08%	0.01%
FTNT	C	0.03%	0.14%	0.03%
FTV	C	0.03%	0.22%	0.03%
GD	F	0.21%	0.29%	0.21%
GDDY	A	0.03%	0.24%	0.03%
GE	D	0.15%	0.17%	0.15%
GEHC	F	0.09%	0.15%	0.09%
GEN	B	0.04%	0.17%	0.04%
GEV	B	0.04%	0.15%	0.04%
GGG	B	0.02%	0.27%	0.02%
GILD	C	0.37%	0.21%	0.21%
GIS	D	0.11%	0.21%	0.11%
GLW	B	0.14%	0.19%	0.14%
GM	B	0.79%	0.19%	0.19%
GOOGL	C	1.33%	0.18%	0.18%
GPC	D	0.05%	0.17%	0.05%
GPN	B	0.09%	0.17%	0.09%
GRMN	B	0.03%	0.21%	0.03%
GS	A	0.62%	0.24%	0.24%
GWW	B	0.08%	0.27%	0.08%
HAL	C	0.06%	0.18%	0.06%
HBAN	A	0.08%	0.21%	0.08%
HCA	F	0.2%	0.17%	0.17%
HD	A	0.8%	0.25%	0.25%
HIG	B	0.14%	0.25%	0.14%
HII	D	0.03%	0.14%	0.03%
HLT	A	0.06%	0.29%	0.06%
HOLX	D	0.04%	0.28%	0.04%
HON	B	0.37%	0.33%	0.33%
HPE	B	0.21%	0.15%	0.15%
HPQ	B	0.21%	0.15%	0.15%
HRL	D	0.03%	0.16%	0.03%
HSY	F	0.04%	0.2%	0.04%
HUBB	B	0.03%	0.17%	0.03%
HUM	C	0.19%	0.11%	0.11%
HWM	A	0.07%	0.16%	0.07%
IBM	C	0.54%	0.21%	0.21%
ICE	C	0.11%	0.3%	0.11%
IDXX	F	0.02%	0.16%	0.02%
IEX	B	0.03%	0.27%	0.03%
INTC	D	0.89%	0.1%	0.1%
INTU	C	0.11%	0.19%	0.11%
IP	B	0.17%	0.18%	0.17%
IPG	D	0.04%	0.2%	0.04%
IQV	D	0.07%	0.12%	0.07%
IR	B	0.03%	0.2%	0.03%
ISRG	A	0.09%	0.19%	0.09%
IT	C	0.03%	0.21%	0.03%
ITT	A	0.03%	0.2%	0.03%
ITW	B	0.15%	0.33%	0.15%
J	F	0.05%	0.23%	0.05%
JBHT	C	0.05%	0.18%	0.05%
JBL	B	0.06%	0.14%	0.06%
JCI	C	0.16%	0.21%	0.16%
JEF	A	0.06%	0.24%	0.06%
JKHY	D	0.02%	0.25%	0.02%
JLL	D	0.08%	0.15%	0.08%
JNJ	D	0.89%	0.27%	0.27%
JPM	A	2.03%	0.26%	0.26%
KDP	D	0.07%	0.25%	0.07%
KEY	B	0.1%	0.16%	0.1%
KEYS	A	0.04%	0.15%	0.04%
KHC	F	0.09%	0.21%	0.09%
KKR	A	0.12%	0.18%	0.12%
KLAC	D	0.08%	0.09%	0.08%
KMB	D	0.1%	0.22%	0.1%
KMI	A	0.23%	0.35%	0.23%
KMX	B	0.06%	0.12%	0.06%
KO	D	0.35%	0.33%	0.33%
KR	B	0.3%	0.25%	0.25%
KVUE	A	0.05%	0.18%	0.05%
L	A	0.05%	0.32%	0.05%
LDOS	C	0.07%	0.28%	0.07%
LEN	D	0.16%	0.14%	0.14%
LH	C	0.09%	0.21%	0.09%
LHX	C	0.16%	0.28%	0.16%
LII	A	0.03%	0.17%	0.03%
LIN	D	0.33%	0.3%	0.3%
LLY	F	0.2%	0.13%	0.13%
LMT	D	0.37%	0.3%	0.3%
LNG	B	0.06%	0.3%	0.06%
LNT	A	0.04%	0.26%	0.04%
LOW	D	0.43%	0.22%	0.22%
LPLA	A	0.04%	0.21%	0.04%
LRCX	F	0.15%	0.1%	0.1%
LUV	C	0.02%	0.13%	0.02%
LVS	C	0.04%	0.21%	0.04%
LYB	F	0.14%	0.21%	0.14%
MA	C	0.29%	0.31%	0.29%
MAR	B	0.09%	0.27%	0.09%
MAS	D	0.05%	0.18%	0.05%
MCD	D	0.34%	0.27%	0.27%
MCHP	D	0.05%	0.1%	0.05%
MCK	B	0.11%	0.24%	0.11%
MCO	B	0.07%	0.23%	0.07%
MDLZ	F	0.2%	0.25%	0.2%
MDT	D	0.16%	0.25%	0.16%
MET	A	0.26%	0.26%	0.26%
META	D	1.79%	0.13%	0.13%
MGM	D	0.06%	0.14%	0.06%
MKC	D	0.03%	0.18%	0.03%
MKL	A	0.05%	0.25%	0.05%
MLM	B	0.04%	0.22%	0.04%
MMC	B	0.14%	0.3%	0.14%
MMM	D	0.35%	0.12%	0.12%
MNST	C	0.05%	0.25%	0.05%
MO	A	0.37%	0.26%	0.26%
MOH	F	0.05%	0.13%	0.05%
MPC	D	0.4%	0.14%	0.14%
MRK	F	0.42%	0.18%	0.18%
MS	A	0.46%	0.26%	0.26%
MSCI	C	0.03%	0.16%	0.03%
MSFT	F	2.43%	0.25%	0.25%
MSI	B	0.07%	0.31%	0.07%
MTB	A	0.11%	0.22%	0.11%
MTD	D	0.03%	0.12%	0.03%
NDAQ	A	0.03%	0.25%	0.03%
NDSN	B	0.02%	0.21%	0.02%
NEE	D	0.24%	0.16%	0.16%
NFLX	A	0.17%	0.19%	0.17%
NI	A	0.05%	0.31%	0.05%
NKE	D	0.19%	0.12%	0.12%
NOC	D	0.2%	0.24%	0.2%
NOW	A	0.01%	0.16%	0.01%
NRG	B	0.1%	0.15%	0.1%
NSC	B	0.21%	0.18%	0.18%
NTAP	C	0.07%	0.14%	0.07%
NTRS	A	0.08%	0.23%	0.08%
NUE	C	0.19%	0.17%	0.17%
NVDA	C	0.4%	0.1%	0.1%
NVR	D	0.08%	0.19%	0.08%
NWSA	B	0.04%	0.22%	0.04%
NXPI	D	0.05%	0.12%	0.05%
OC	A	0.07%	0.18%	0.07%
ODFL	B	0.06%	0.17%	0.06%
OKE	A	0.14%	0.3%	0.14%
OMC	C	0.08%	0.24%	0.08%
ON	D	0.04%	0.08%	0.04%
ORCL	B	0.5%	0.2%	0.2%
ORLY	B	0.11%	0.26%	0.11%
OTIS	C	0.05%	0.28%	0.05%
OVV	B	0.06%	0.18%	0.06%
OXY	D	0.11%	0.2%	0.11%
PAG	B	0.02%	0.18%	0.02%
PANW	C	0.03%	0.11%	0.03%
PAYX	C	0.06%	0.27%	0.06%
PCAR	B	0.15%	0.23%	0.15%
PCG	A	0.03%	0.27%	0.03%
PEG	A	0.11%	0.29%	0.11%
PEP	F	0.41%	0.26%	0.26%
PFG	D	0.09%	0.26%	0.09%
PFGC	B	0.06%	0.22%	0.06%
PG	A	0.77%	0.3%	0.3%
PGR	A	0.23%	0.23%	0.23%
PH	A	0.13%	0.2%	0.13%
PHM	D	0.11%	0.15%	0.11%
PKG	A	0.07%	0.28%	0.07%
PM	B	0.48%	0.3%	0.3%
PNC	B	0.3%	0.21%	0.21%
POOL	C	0.02%	0.15%	0.02%
PPG	F	0.08%	0.25%	0.08%
PPL	B	0.11%	0.3%	0.11%
PRU	A	0.22%	0.22%	0.22%
PSX	C	0.36%	0.17%	0.17%
PWR	A	0.07%	0.17%	0.07%
PYPL	B	0.22%	0.16%	0.16%
QCOM	F	0.43%	0.11%	0.11%
REGN	F	0.1%	0.18%	0.1%
RF	A	0.09%	0.19%	0.09%
RGA	A	0.04%	0.22%	0.04%
RJF	A	0.05%	0.29%	0.05%
RMD	C	0.03%	0.11%	0.03%
ROK	B	0.06%	0.14%	0.06%
ROP	B	0.05%	0.26%	0.05%
ROST	C	0.07%	0.22%	0.07%
RPM	A	0.04%	0.25%	0.04%
RS	B	0.09%	0.19%	0.09%
RSG	A	0.06%	0.33%	0.06%
RTX	C	0.34%	0.26%	0.26%
RVTY	F	0.03%	0.15%	0.03%
SBUX	A	0.28%	0.12%	0.12%
SCHW	B	0.13%	0.21%	0.13%
SCI	B	0.03%	0.24%	0.03%
SHW	A	0.08%	0.23%	0.08%
SJM	D	0.05%	0.2%	0.05%
SLB	C	0.12%	0.18%	0.12%
SNA	A	0.06%	0.26%	0.06%
SNPS	B	0.03%	0.14%	0.03%
SO	D	0.26%	0.27%	0.26%
SOLV	C	0.02%	0.13%	0.02%
SPGI	C	0.15%	0.29%	0.15%
SQ	B	0.03%	0.12%	0.03%
SRE	A	0.13%	0.29%	0.13%
SSNC	B	0.04%	0.25%	0.04%
STE	F	0.03%	0.2%	0.03%
STLD	B	0.11%	0.19%	0.11%
STT	A	0.1%	0.24%	0.1%
STX	D	0.09%	0.15%	0.09%
STZ	D	0.07%	0.24%	0.07%
SWKS	F	0.04%	0.1%	0.04%
SYF	B	0.34%	0.21%	0.21%
SYK	C	0.13%	0.26%	0.13%
SYY	B	0.1%	0.23%	0.1%
T	A	1.27%	0.27%	0.27%
TAP	C	0.05%	0.24%	0.05%
TDG	D	0.06%	0.2%	0.06%
TDY	B	0.03%	0.23%	0.03%
TER	D	0.04%	0.08%	0.04%
TFX	F	0.02%	0.13%	0.02%
TGT	F	0.38%	0.15%	0.15%
THC	D	0.07%	0.14%	0.07%
TJX	A	0.22%	0.27%	0.22%
TMO	F	0.25%	0.2%	0.2%
TMUS	B	0.25%	0.42%	0.25%
TOL	B	0.06%	0.13%	0.06%
TRGP	B	0.07%	0.3%	0.07%
TRMB	B	0.03%	0.24%	0.03%
TROW	B	0.13%	0.22%	0.13%
TRV	B	0.31%	0.24%	0.24%
TSCO	D	0.06%	0.2%	0.06%
TSLA	B	0.28%	0.12%	0.12%
TT	A	0.06%	0.23%	0.06%
TXN	C	0.34%	0.17%	0.17%
TXT	D	0.06%	0.19%	0.06%
UBER	D	0.04%	0.12%	0.04%
UHAL	D	0.02%	0.15%	0.02%
UHS	D	0.08%	0.15%	0.08%
ULTA	F	0.03%	0.15%	0.03%
UNH	C	1.22%	0.19%	0.19%
UNP	C	0.35%	0.25%	0.25%
UPS	C	0.28%	0.17%	0.17%
URI	B	0.13%	0.14%	0.13%
USB	A	0.32%	0.19%	0.19%
USFD	A	0.08%	0.22%	0.08%
V	A	0.36%	0.34%	0.34%
VLO	C	0.39%	0.15%	0.15%
VMC	B	0.05%	0.24%	0.05%
VRSK	A	0.04%	0.24%	0.04%
VRSN	F	0.01%	0.26%	0.01%
VST	B	0.16%	0.15%	0.15%
VZ	C	1.13%	0.22%	0.22%
WAB	B	0.06%	0.26%	0.06%
WAT	B	0.04%	0.17%	0.04%
WEC	A	0.08%	0.25%	0.08%
WFC	A	1.35%	0.23%	0.23%
WLK	D	0.02%	0.15%	0.02%
WM	A	0.15%	0.27%	0.15%
WMB	A	0.17%	0.32%	0.17%
WMT	A	1.47%	0.29%	0.29%
WRB	A	0.03%	0.21%	0.03%
WSM	B	0.04%	0.1%	0.04%
WSO	A	0.03%	0.19%	0.03%
WST	C	0.02%	0.14%	0.02%
XEL	A	0.12%	0.22%	0.12%
XOM	B	1.99%	0.26%	0.26%
XYL	D	0.03%	0.2%	0.03%
YUM	B	0.08%	0.3%	0.08%
ZBH	C	0.05%	0.23%	0.05%
ZBRA	B	0.04%	0.15%	0.04%
ZTS	D	0.07%	0.17%	0.07%

FNDX Overweight 294 Positions Relative to CFO

Symbol	Grade	Weight
GOOG	C	1.14%
PFE	D	0.68%
LUMN	C	0.65%
BMY	B	0.45%
MU	D	0.38%
DFS	B	0.26%
TFC	A	0.23%
TSN	B	0.2%
WBA	F	0.17%
NEM	D	0.13%
WDC	D	0.12%
PARA	C	0.11%
BA	F	0.11%
AMT	D	0.11%
VTRS	A	0.1%
WELL	A	0.1%
SPG	B	0.1%
MRO	B	0.09%
SW	A	0.09%
WY	D	0.09%
CCI	D	0.09%
ARW	D	0.08%
VTR	C	0.08%
WHR	B	0.08%
ES	D	0.08%
WKC	D	0.08%
DLR	B	0.08%
EQIX	A	0.08%
WBD	C	0.08%
K	A	0.07%
BAX	D	0.07%
VFC	C	0.07%
SWK	D	0.07%
CMA	A	0.07%
WTW	B	0.07%
R	B	0.07%
PLD	D	0.07%
X	C	0.07%
LAD	A	0.07%
AVT	C	0.07%
VRTX	F	0.07%
HES	B	0.06%
M	D	0.06%
BALL	D	0.06%
UNM	A	0.06%
AA	B	0.06%
ZION	B	0.06%
OMF	A	0.06%
MHK	D	0.06%
CCL	B	0.06%
FLEX	A	0.06%
IRM	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
VNO	B	0.05%
INGR	B	0.05%
ORI	A	0.05%
DLTR	F	0.05%
IVZ	B	0.05%
IFF	D	0.05%
JNPR	F	0.05%
AN	C	0.05%
BXP	D	0.05%
KD	B	0.05%
AVB	B	0.05%
DXC	B	0.05%
ALSN	B	0.05%
LEA	D	0.05%
TDS	B	0.05%
EQR	B	0.05%
GPI	A	0.05%
DINO	D	0.05%
BWA	D	0.05%
TPR	B	0.05%
SFM	A	0.05%
LKQ	D	0.05%
BFH	B	0.05%
PSA	D	0.05%
LNC	B	0.05%
O	D	0.04%
FBIN	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
OSK	B	0.04%
AMG	B	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
PNR	A	0.04%
FYBR	D	0.04%
CNO	A	0.04%
HST	C	0.04%
DOX	D	0.04%
SLM	A	0.04%
TMHC	B	0.04%
CCK	C	0.04%
GT	C	0.04%
RHI	B	0.04%
HSIC	B	0.04%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	0.04%
PVH	C	0.04%
PNW	B	0.04%
BEN	C	0.04%
AYI	B	0.04%
WCC	B	0.04%
THO	B	0.04%
KNX	B	0.04%
EVR	B	0.04%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
MRVL	B	0.04%
UGI	A	0.04%
EXP	A	0.03%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
PRI	A	0.03%
INVH	D	0.03%
AR	B	0.03%
FMC	D	0.03%
ACI	C	0.03%
MRNA	F	0.03%
GNTX	C	0.03%
AAP	C	0.03%
TRU	D	0.03%
BTU	B	0.03%
BBWI	D	0.03%
KBH	D	0.03%
ILMN	D	0.03%
TPH	D	0.03%
G	B	0.03%
FLR	B	0.03%
SNX	C	0.03%
BC	C	0.03%
ABG	B	0.03%
SNV	B	0.03%
ARE	D	0.03%
ALB	C	0.03%
SEIC	B	0.03%
KIM	A	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
AIZ	A	0.03%
CAR	C	0.03%
OGE	B	0.03%
GPK	C	0.03%
HAS	D	0.03%
EXR	D	0.03%
FL	F	0.03%
RRX	B	0.03%
RL	B	0.03%
AGCO	D	0.03%
CACI	D	0.03%
APA	D	0.03%
ESS	B	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
WU	D	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
MAA	B	0.03%
CG	A	0.03%
HUN	F	0.03%
FHN	A	0.03%
CMC	B	0.03%
DOC	D	0.03%
OLN	D	0.03%
PBF	D	0.03%
MTZ	B	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
GL	B	0.03%
MLI	C	0.03%
MDU	D	0.02%
MTN	C	0.02%
ODP	F	0.02%
COHR	B	0.02%
ALV	C	0.02%
ALK	C	0.02%
ADNT	F	0.02%
FLO	D	0.02%
MPW	F	0.02%
MATX	C	0.02%
LEG	F	0.02%
BPOP	B	0.02%
CHKP	D	0.02%
ARCH	B	0.02%
TKR	D	0.02%
MIDD	C	0.02%
AER	B	0.02%
NSIT	F	0.02%
KBR	F	0.02%
POR	C	0.02%
MKSI	C	0.02%
VAC	B	0.02%
TTC	D	0.02%
XRX	F	0.02%
WPC	D	0.02%
ASO	F	0.02%
GLPI	C	0.02%
WERN	C	0.02%
LW	C	0.02%
OI	C	0.02%
POST	C	0.02%
NFG	A	0.02%
ANSS	B	0.02%
ASGN	F	0.02%
SBAC	D	0.02%
NAVI	C	0.02%
SM	B	0.02%
CZR	F	0.02%
CCEP	C	0.02%
LECO	B	0.02%
ST	F	0.02%
AL	B	0.02%
MUR	D	0.02%
TPX	B	0.02%
PII	D	0.02%
STWD	C	0.02%
HUBG	A	0.02%
SLG	B	0.02%
GXO	B	0.02%
CTLT	B	0.02%
PENN	C	0.02%
CPT	B	0.02%
HOG	D	0.02%
NOV	C	0.02%
DCI	B	0.02%
NVT	B	0.02%
BECN	B	0.02%
SKX	D	0.02%
CC	C	0.02%
CNH	C	0.02%
SUI	D	0.02%
LAMR	D	0.02%
REG	B	0.02%
PK	B	0.02%
BRX	A	0.02%
UDR	B	0.02%
VICI	C	0.02%
MTG	C	0.02%
ABM	B	0.02%
DAR	C	0.02%
ATR	B	0.02%
BJ	A	0.02%
EHC	B	0.02%
RUSHA	C	0.02%
SAIC	F	0.02%
REZI	A	0.02%
GNRC	B	0.02%
TGNA	B	0.02%
BAP	B	0.02%
SON	D	0.02%
AXTA	A	0.02%
VSH	D	0.01%
ANDE	D	0.01%
LILAK	D	0.01%
CNXC	F	0.01%
CRL	C	0.01%
DBX	B	0.01%
ICLR	D	0.01%
WTRG	B	0.01%
MSM	C	0.01%
SPTN	D	0.01%
CHE	D	0.01%
MMS	F	0.01%
AEO	F	0.01%
CYH	F	0.01%
JAZZ	B	0.01%
TNL	A	0.01%
PRGO	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
FTI	A	0.01%
JWN	C	0.01%
HRB	D	0.01%
XRAY	F	0.01%
DK	C	0.01%
HTZ	C	0.01%
DAN	D	0.01%
LULU	C	0.01%
UNFI	A	0.01%
CRI	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 68 Positions Relative to CFO

Symbol	Grade	Weight
IBKR	A	-0.28%
FDS	B	-0.25%
APP	B	-0.24%
TW	A	-0.24%
MORN	B	-0.24%
HEI	B	-0.24%
PTC	A	-0.24%
TXRH	C	-0.23%
AXON	A	-0.22%
INCY	C	-0.22%
LYV	A	-0.22%
UAL	A	-0.22%
ROL	B	-0.22%
RNR	C	-0.21%
CLH	B	-0.2%
OWL	A	-0.2%
FICO	B	-0.2%
VLTO	D	-0.2%
TYL	B	-0.2%
ARES	A	-0.2%
H	B	-0.19%
WMG	C	-0.19%
RCL	A	-0.19%
ZM	B	-0.18%
TPL	A	-0.18%
RYAN	B	-0.18%
UTHR	C	-0.17%
VEEV	C	-0.17%
DOCU	A	-0.17%
PR	B	-0.17%
MANH	D	-0.16%
DT	C	-0.16%
ABNB	C	-0.16%
CSGP	D	-0.16%
TTEK	F	-0.16%
PODD	C	-0.15%
WDAY	B	-0.15%
ERIE	D	-0.15%
BSY	D	-0.14%
CPNG	D	-0.14%
DDOG	A	-0.14%
PLTR	B	-0.14%
XPO	B	-0.14%
BMRN	D	-0.13%
NBIX	C	-0.13%
HOOD	B	-0.13%
FIX	A	-0.13%
CRWD	B	-0.12%
COKE	C	-0.12%
TECH	D	-0.12%
VRT	B	-0.12%
TTD	B	-0.12%
WMS	D	-0.11%
FND	C	-0.11%
WING	D	-0.11%
ENTG	D	-0.1%
PINS	D	-0.1%
KNSL	B	-0.1%
PSTG	D	-0.09%
COIN	C	-0.09%
CHWY	B	-0.08%
DXCM	D	-0.08%
CVNA	B	-0.08%
SRPT	D	-0.07%
MPWR	F	-0.06%
RKT	F	-0.06%
ENPH	F	-0.04%
SMCI	F	-0.02%