FNDX vs. DGRW ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to WisdomTree U.S. Dividend Growth Fund (DGRW)

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

DGRW

WisdomTree U.S. Dividend Growth Fund

DGRW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that consists of dividend-paying U.S. common stocks with growth characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.42

Average Daily Volume

507,539

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	DGRW
30 Days	3.67%	1.33%
60 Days	4.58%	2.25%
90 Days	6.53%	3.75%
12 Months	29.67%	27.75%

226 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in DGRW	Overlap
	A	D	0.05%	0.07%	0.05%
	AAPL	C	4.35%	4.98%	4.35%
	ABBV	D	0.49%	3.12%	0.49%
	ABT	B	0.34%	1.02%	0.34%
	ADI	D	0.13%	0.53%	0.13%
	ADP	B	0.15%	0.84%	0.15%
	AEO	F	0.01%	0.02%	0.01%
	AIG	B	0.28%	0.32%	0.28%
	AJG	B	0.05%	0.15%	0.05%
	ALLY	C	0.1%	0.11%	0.1%
	ALSN	B	0.05%	0.04%	0.04%
	AMAT	F	0.24%	0.33%	0.24%
	AMG	B	0.04%	0.01%	0.01%
	AMGN	D	0.39%	1.36%	0.39%
	AMP	A	0.15%	0.23%	0.15%
	AOS	F	0.02%	0.04%	0.02%
	APD	A	0.13%	0.46%	0.13%
	APH	A	0.09%	0.22%	0.09%
	ARMK	B	0.03%	0.03%	0.03%
	ASO	F	0.02%	0.01%	0.01%
	AVGO	D	0.61%	3.92%	0.61%
	AVT	C	0.07%	0.03%	0.03%
	AVY	D	0.04%	0.07%	0.04%
	AXP	A	0.36%	0.79%	0.36%
	BAH	F	0.03%	0.09%	0.03%
	BALL	D	0.06%	0.07%	0.06%
	BBY	D	0.16%	0.21%	0.16%
	BCC	B	0.04%	0.01%	0.01%
	BEN	C	0.04%	0.11%	0.04%
	BERY	B	0.04%	0.03%	0.03%
	BKR	B	0.16%	0.28%	0.16%
	BR	A	0.03%	0.12%	0.03%
	BWA	D	0.05%	0.03%	0.03%
	CARR	D	0.12%	0.23%	0.12%
	CASY	A	0.05%	0.02%	0.02%
	CDW	F	0.04%	0.08%	0.04%
	CE	F	0.03%	0.04%	0.03%
	CHE	D	0.01%	0.01%	0.01%
	CHRW	C	0.08%	0.1%	0.08%
	CI	F	0.48%	0.51%	0.48%
	CL	D	0.13%	0.48%	0.13%
	CNXC	F	0.01%	0.01%	0.01%
	COF	B	0.48%	0.39%	0.39%
	COP	C	0.48%	0.77%	0.48%
	COST	B	0.66%	0.68%	0.66%
	CSCO	B	0.82%	2.12%	0.82%
	CSL	C	0.05%	0.07%	0.05%
	CSX	B	0.22%	0.26%	0.22%
	CTAS	B	0.08%	0.23%	0.08%
	CW	B	0.03%	0.03%	0.03%
	DCI	B	0.02%	0.03%	0.02%
	DD	D	0.17%	0.2%	0.17%
	DFS	B	0.26%	0.32%	0.26%
	DHI	D	0.16%	0.12%	0.12%
	DKS	C	0.04%	0.09%	0.04%
	DOV	A	0.06%	0.11%	0.06%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.05%	0.17%	0.05%
	EBAY	D	0.17%	0.2%	0.17%
	ECL	D	0.08%	0.21%	0.08%
	EFX	F	0.03%	0.05%	0.03%
	EHC	B	0.02%	0.02%	0.02%
	ELV	F	0.36%	0.3%	0.3%
	EMN	D	0.08%	0.12%	0.08%
	EOG	A	0.23%	0.9%	0.23%
	EQH	B	0.05%	0.12%	0.05%
	EQT	B	0.04%	0.13%	0.04%
	EVR	B	0.04%	0.06%	0.04%
	EXP	A	0.03%	0.02%	0.02%
	EXPD	D	0.04%	0.05%	0.04%
	FAF	A	0.04%	0.06%	0.04%
	FANG	D	0.05%	0.2%	0.05%
	FAST	B	0.07%	0.28%	0.07%
	FBIN	D	0.04%	0.03%	0.03%
	FDX	B	0.32%	0.37%	0.32%
	FNF	B	0.06%	0.17%	0.06%
	GD	F	0.21%	0.48%	0.21%
	GE	D	0.15%	0.24%	0.15%
	GEN	B	0.04%	0.11%	0.04%
	GGG	B	0.02%	0.04%	0.02%
	GILD	C	0.37%	1.15%	0.37%
	GNTX	C	0.03%	0.03%	0.03%
	GOOG	C	1.14%	1.34%	1.14%
	GOOGL	C	1.33%	1.4%	1.33%
	GPC	D	0.05%	0.12%	0.05%
	GS	A	0.62%	1.69%	0.62%
	GWW	B	0.08%	0.14%	0.08%
	HAL	C	0.06%	0.13%	0.06%
	HCA	F	0.2%	0.23%	0.2%
	HD	A	0.8%	2.95%	0.8%
	HES	B	0.06%	0.16%	0.06%
	HIG	B	0.14%	0.23%	0.14%
	HII	D	0.03%	0.04%	0.03%
	HLT	A	0.06%	0.09%	0.06%
	HON	B	0.37%	0.86%	0.37%
	HPQ	B	0.21%	0.35%	0.21%
	HSY	F	0.04%	0.18%	0.04%
	HUBB	B	0.03%	0.1%	0.03%
	HUM	C	0.19%	0.07%	0.07%
	HWM	A	0.07%	0.06%	0.06%
	INTU	C	0.11%	0.35%	0.11%
	ITT	A	0.03%	0.03%	0.03%
	ITW	B	0.15%	0.51%	0.15%
	JBHT	C	0.05%	0.04%	0.04%
	JBL	B	0.06%	0.02%	0.02%
	JEF	A	0.06%	0.13%	0.06%
	JKHY	D	0.02%	0.03%	0.02%
	JNJ	D	0.89%	3.03%	0.89%
	KKR	A	0.12%	0.3%	0.12%
	KLAC	D	0.08%	0.23%	0.08%
	KMB	D	0.1%	0.43%	0.1%
	KO	D	0.35%	2.3%	0.35%
	LEA	D	0.05%	0.03%	0.03%
	LECO	B	0.02%	0.04%	0.02%
	LEN	D	0.16%	0.12%	0.12%
	LEN	D	0.16%	0.01%	0.01%
	LH	C	0.09%	0.06%	0.06%
	LII	A	0.03%	0.06%	0.03%
	LKQ	D	0.05%	0.07%	0.05%
	LLY	F	0.2%	1.53%	0.2%
	LMT	D	0.37%	1.07%	0.37%
	LPLA	A	0.04%	0.03%	0.03%
	LPX	B	0.04%	0.02%	0.02%
	LRCX	F	0.15%	0.27%	0.15%
	LSTR	D	0.03%	0.03%	0.03%
	LVS	C	0.04%	0.2%	0.04%
	LW	C	0.02%	0.03%	0.02%
	MA	C	0.29%	0.74%	0.29%
	MAN	D	0.04%	0.03%	0.03%
	MAR	B	0.09%	0.23%	0.09%
	MAS	D	0.05%	0.08%	0.05%
	MCD	D	0.34%	1.36%	0.34%
	MCK	B	0.11%	0.11%	0.11%
	MCO	B	0.07%	0.18%	0.07%
	META	D	1.79%	1.39%	1.39%
	MLM	B	0.04%	0.06%	0.04%
	MMC	B	0.14%	0.42%	0.14%
	MMS	F	0.01%	0.02%	0.01%
	MRO	B	0.09%	0.08%	0.08%
	MS	A	0.46%	2.48%	0.46%
	MSCI	C	0.03%	0.14%	0.03%
	MSFT	F	2.43%	6.85%	2.43%
	MSI	B	0.07%	0.26%	0.07%
	MSM	C	0.01%	0.04%	0.01%
	MUR	D	0.02%	0.03%	0.02%
	NDSN	B	0.02%	0.04%	0.02%
	NFG	A	0.02%	0.05%	0.02%
	NKE	D	0.19%	0.35%	0.19%
	NOC	D	0.2%	0.34%	0.2%
	NRG	B	0.1%	0.16%	0.1%
	NSC	B	0.21%	0.39%	0.21%
	NTAP	C	0.07%	0.12%	0.07%
	NVDA	C	0.4%	3.61%	0.4%
	NXST	C	0.03%	0.06%	0.03%
	ODFL	B	0.06%	0.06%	0.06%
	OLN	D	0.03%	0.02%	0.02%
	OMF	A	0.06%	0.07%	0.06%
	ORCL	B	0.5%	1.82%	0.5%
	OTIS	C	0.05%	0.17%	0.05%
	OVV	B	0.06%	0.1%	0.06%
	OXY	D	0.11%	0.16%	0.11%
	PAYX	C	0.06%	0.41%	0.06%
	PEP	F	0.41%	1.86%	0.41%
	PFG	D	0.09%	0.21%	0.09%
	PG	A	0.77%	2.65%	0.77%
	PGR	A	0.23%	0.18%	0.18%
	PH	A	0.13%	0.32%	0.13%
	PHM	D	0.11%	0.06%	0.06%
	POOL	C	0.02%	0.04%	0.02%
	PPG	F	0.08%	0.14%	0.08%
	PRI	A	0.03%	0.03%	0.03%
	PVH	C	0.04%	0.0%	0.0%
	PWR	A	0.07%	0.05%	0.05%
	QCOM	F	0.43%	1.01%	0.43%
	RHI	B	0.04%	0.05%	0.04%
	RL	B	0.03%	0.05%	0.03%
	RMD	C	0.03%	0.09%	0.03%
	ROK	B	0.06%	0.15%	0.06%
	ROST	C	0.07%	0.13%	0.07%
	RPM	A	0.04%	0.08%	0.04%
	RSG	A	0.06%	0.22%	0.06%
	SBAC	D	0.02%	0.08%	0.02%
	SBUX	A	0.28%	0.77%	0.28%
	SCHW	B	0.13%	0.56%	0.13%
	SEE	C	0.03%	0.03%	0.03%
	SEIC	B	0.03%	0.03%	0.03%
	SHW	A	0.08%	0.21%	0.08%
	SM	B	0.02%	0.02%	0.02%
	SPGI	C	0.15%	0.37%	0.15%
	SSNC	B	0.04%	0.08%	0.04%
	STZ	D	0.07%	0.17%	0.07%
	SWKS	F	0.04%	0.09%	0.04%
	SYF	B	0.34%	0.21%	0.21%
	SYK	C	0.13%	0.4%	0.13%
	SYY	B	0.1%	0.29%	0.1%
	TER	D	0.04%	0.02%	0.02%
	TGT	F	0.38%	0.6%	0.38%
	THO	B	0.04%	0.03%	0.03%
	TJX	A	0.22%	0.56%	0.22%
	TMUS	B	0.25%	1.25%	0.25%
	TPR	B	0.05%	0.13%	0.05%
	TRGP	B	0.07%	0.24%	0.07%
	TRV	B	0.31%	0.35%	0.31%
	TSCO	D	0.06%	0.17%	0.06%
	TTC	D	0.02%	0.03%	0.02%
	TXN	C	0.34%	1.6%	0.34%
	UFPI	B	0.04%	0.02%	0.02%
	UHS	D	0.08%	0.02%	0.02%
	UNH	C	1.22%	2.05%	1.22%
	UNP	C	0.35%	0.91%	0.35%
	UPS	C	0.28%	1.05%	0.28%
	URI	B	0.13%	0.2%	0.13%
	V	A	0.36%	1.1%	0.36%
	VMC	B	0.05%	0.08%	0.05%
	VOYA	B	0.03%	0.05%	0.03%
	VRSK	A	0.04%	0.06%	0.04%
	WCC	B	0.04%	0.02%	0.02%
	WLK	D	0.02%	0.06%	0.02%
	WM	A	0.15%	0.4%	0.15%
	WRB	A	0.03%	0.11%	0.03%
	WSM	B	0.04%	0.07%	0.04%
	WSO	A	0.03%	0.12%	0.03%
	WST	C	0.02%	0.03%	0.02%
	WY	D	0.09%	0.15%	0.09%
	YUM	B	0.08%	0.19%	0.08%
	ZTS	D	0.07%	0.19%	0.07%

FNDX Overweight 496 Positions Relative to DGRW

	Symbol	Grade	Weight
	BRK.A	B	2.17%
	JPM	A	2.03%
	XOM	B	1.99%
	AMZN	C	1.56%
	WMT	A	1.47%
	WFC	A	1.35%
	BAC	A	1.3%
	T	A	1.27%
	CVX	A	1.25%
	VZ	C	1.13%
	C	A	1.1%
	INTC	D	0.89%
	CMCSA	B	0.83%
	GM	B	0.79%
	CVS	D	0.68%
	PFE	D	0.68%
	LUMN	C	0.65%
	IBM	C	0.54%
	PM	B	0.48%
	BMY	B	0.45%
	DIS	B	0.45%
	LOW	D	0.43%
	MRK	F	0.42%
	CAT	B	0.41%
	MPC	D	0.4%
	VLO	C	0.39%
	MU	D	0.38%
	MO	A	0.37%
	PSX	C	0.36%
	ACN	C	0.36%
	CHTR	C	0.35%
	MMM	D	0.35%
	RTX	C	0.34%
	F	C	0.33%
	LIN	D	0.33%
	USB	A	0.32%
	DUK	C	0.3%
	KR	B	0.3%
	PNC	B	0.3%
	TSLA	B	0.28%
	BLK	C	0.28%
	ALL	A	0.27%
	MET	A	0.26%
	SO	D	0.26%
	CB	C	0.26%
	BK	A	0.26%
	TMO	F	0.25%
	NEE	D	0.24%
	BKNG	A	0.24%
	KMI	A	0.23%
	TFC	A	0.23%
	ETN	A	0.23%
	DE	A	0.23%
	PYPL	B	0.22%
	PRU	A	0.22%
	ADM	D	0.21%
	AFL	B	0.21%
	HPE	B	0.21%
	ADBE	C	0.2%
	MDLZ	F	0.2%
	TSN	B	0.2%
	CTSH	B	0.19%
	CMI	A	0.19%
	CNC	D	0.19%
	NUE	C	0.19%
	DOW	F	0.18%
	EXC	C	0.17%
	WMB	A	0.17%
	IP	B	0.17%
	WBA	F	0.17%
	NFLX	A	0.17%
	EMR	A	0.17%
	D	C	0.17%
	AEP	D	0.16%
	VST	B	0.16%
	LHX	C	0.16%
	JCI	C	0.16%
	MDT	D	0.16%
	DHR	F	0.15%
	PCAR	B	0.15%
	CRM	B	0.15%
	LYB	F	0.14%
	FCX	D	0.14%
	OKE	A	0.14%
	GLW	B	0.14%
	FITB	A	0.13%
	TROW	B	0.13%
	BX	A	0.13%
	AON	A	0.13%
	SRE	A	0.13%
	NEM	D	0.13%
	CBRE	B	0.13%
	FI	A	0.13%
	FIS	C	0.12%
	ED	D	0.12%
	ETR	B	0.12%
	SLB	C	0.12%
	WDC	D	0.12%
	XEL	A	0.12%
	ORLY	B	0.11%
	MTB	A	0.11%
	PARA	C	0.11%
	PEG	A	0.11%
	BDX	F	0.11%
	PPL	B	0.11%
	BA	F	0.11%
	ICE	C	0.11%
	AMT	D	0.11%
	STLD	B	0.11%
	GIS	D	0.11%
	EIX	B	0.1%
	FOXA	B	0.1%
	VTRS	A	0.1%
	REGN	F	0.1%
	STT	A	0.1%
	CEG	D	0.1%
	KEY	B	0.1%
	WELL	A	0.1%
	BG	F	0.1%
	SPG	B	0.1%
	CFG	B	0.1%
	RF	A	0.09%
	GPN	B	0.09%
	SW	A	0.09%
	ISRG	A	0.09%
	STX	D	0.09%
	FE	C	0.09%
	DVN	F	0.09%
	RS	B	0.09%
	BIIB	F	0.09%
	EA	A	0.09%
	CTVA	C	0.09%
	BSX	B	0.09%
	CCI	D	0.09%
	AMD	F	0.09%
	GEHC	F	0.09%
	KHC	F	0.09%
	ARW	D	0.08%
	HBAN	A	0.08%
	NTRS	A	0.08%
	NVR	D	0.08%
	USFD	A	0.08%
	VTR	C	0.08%
	WHR	B	0.08%
	ES	D	0.08%
	OMC	C	0.08%
	CME	A	0.08%
	DG	F	0.08%
	WEC	A	0.08%
	WKC	D	0.08%
	DLR	B	0.08%
	EQIX	A	0.08%
	JLL	D	0.08%
	WBD	C	0.08%
	K	A	0.07%
	BAX	D	0.07%
	IQV	D	0.07%
	OC	A	0.07%
	VFC	C	0.07%
	SWK	D	0.07%
	CMA	A	0.07%
	CF	B	0.07%
	WTW	B	0.07%
	AEE	A	0.07%
	DGX	A	0.07%
	THC	D	0.07%
	EVRG	A	0.07%
	CAH	B	0.07%
	R	B	0.07%
	PLD	D	0.07%
	KDP	D	0.07%
	CINF	A	0.07%
	X	C	0.07%
	LAD	A	0.07%
	PKG	A	0.07%
	DTE	C	0.07%
	LDOS	C	0.07%
	VRTX	F	0.07%
	SNA	A	0.06%
	TOL	B	0.06%
	M	D	0.06%
	MGM	D	0.06%
	DVA	B	0.06%
	CPAY	A	0.06%
	CAG	D	0.06%
	TXT	D	0.06%
	BLDR	D	0.06%
	UNM	A	0.06%
	AZO	C	0.06%
	CMS	C	0.06%
	AA	B	0.06%
	ZION	B	0.06%
	MHK	D	0.06%
	LNG	B	0.06%
	CCL	B	0.06%
	FLEX	A	0.06%
	IRM	D	0.06%
	PFGC	B	0.06%
	EME	C	0.06%
	CNP	B	0.06%
	TT	A	0.06%
	WAB	B	0.06%
	TDG	D	0.06%
	KSS	F	0.06%
	MOS	F	0.06%
	KMX	B	0.06%
	MOH	F	0.05%
	ACM	A	0.05%
	VNO	B	0.05%
	NI	A	0.05%
	MNST	C	0.05%
	AFG	A	0.05%
	INGR	B	0.05%
	ZBH	C	0.05%
	ORI	A	0.05%
	MKL	A	0.05%
	NXPI	D	0.05%
	DLTR	F	0.05%
	MCHP	D	0.05%
	IVZ	B	0.05%
	IFF	D	0.05%
	L	A	0.05%
	JNPR	F	0.05%
	AES	F	0.05%
	AN	C	0.05%
	BXP	D	0.05%
	KD	B	0.05%
	AVB	B	0.05%
	DXC	B	0.05%
	TDS	B	0.05%
	EQR	B	0.05%
	GPI	A	0.05%
	DINO	D	0.05%
	ROP	B	0.05%
	J	F	0.05%
	AME	A	0.05%
	SFM	A	0.05%
	RJF	A	0.05%
	SJM	D	0.05%
	BFH	B	0.05%
	PSA	D	0.05%
	LNC	B	0.05%
	KVUE	A	0.05%
	TAP	C	0.05%
	ANET	C	0.04%
	O	D	0.04%
	UBER	D	0.04%
	GAP	C	0.04%
	EXPE	B	0.04%
	OSK	B	0.04%
	IPG	D	0.04%
	KEYS	A	0.04%
	ZIM	C	0.04%
	PNR	A	0.04%
	FYBR	D	0.04%
	CMG	B	0.04%
	CNO	A	0.04%
	ON	D	0.04%
	HST	C	0.04%
	CLX	B	0.04%
	DOX	D	0.04%
	CRBG	B	0.04%
	SLM	A	0.04%
	TMHC	B	0.04%
	CCK	C	0.04%
	WAT	B	0.04%
	ZBRA	B	0.04%
	GT	C	0.04%
	RGA	A	0.04%
	ATO	A	0.04%
	HOLX	D	0.04%
	HSIC	B	0.04%
	CHD	B	0.04%
	AWK	D	0.04%
	EW	C	0.04%
	LNT	A	0.04%
	MUSA	A	0.04%
	NWSA	B	0.04%
	PNW	B	0.04%
	AYI	B	0.04%
	KNX	B	0.04%
	OGN	D	0.04%
	JXN	C	0.04%
	GEV	B	0.04%
	MRVL	B	0.04%
	UGI	A	0.04%
	DELL	C	0.03%
	THG	A	0.03%
	INVH	D	0.03%
	AR	B	0.03%
	FMC	D	0.03%
	SCI	B	0.03%
	IEX	B	0.03%
	ACI	C	0.03%
	MRNA	F	0.03%
	ACGL	D	0.03%
	TDY	B	0.03%
	CPRT	A	0.03%
	AAP	C	0.03%
	TRU	D	0.03%
	BTU	B	0.03%
	SQ	B	0.03%
	RVTY	F	0.03%
	BBWI	D	0.03%
	KBH	D	0.03%
	BURL	A	0.03%
	ILMN	D	0.03%
	TPH	D	0.03%
	G	B	0.03%
	GDDY	A	0.03%
	FLR	B	0.03%
	SNX	C	0.03%
	BC	C	0.03%
	STE	F	0.03%
	APO	B	0.03%
	PCG	A	0.03%
	ABG	B	0.03%
	SNV	B	0.03%
	ARE	D	0.03%
	ALB	C	0.03%
	KIM	A	0.03%
	TTWO	A	0.03%
	QRVO	F	0.03%
	MTD	D	0.03%
	AMCR	D	0.03%
	CPB	D	0.03%
	AIZ	A	0.03%
	DAL	C	0.03%
	CAR	C	0.03%
	OGE	B	0.03%
	GPK	C	0.03%
	HAS	D	0.03%
	EXR	D	0.03%
	AKAM	D	0.03%
	FL	F	0.03%
	RRX	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%
	HRL	D	0.03%
	XYL	D	0.03%
	SNPS	B	0.03%
	EWBC	A	0.03%
	NDAQ	A	0.03%
	WU	D	0.03%
	TRMB	B	0.03%
	CIEN	B	0.03%
	ULTA	F	0.03%
	GNW	A	0.03%
	GRMN	B	0.03%
	MAA	B	0.03%
	FFIV	B	0.03%
	CG	A	0.03%
	HUN	F	0.03%
	FHN	A	0.03%
	CTRA	B	0.03%
	EL	F	0.03%
	CMC	B	0.03%
	DOC	D	0.03%
	IT	C	0.03%
	DECK	A	0.03%
	PANW	C	0.03%
	FTV	C	0.03%
	IR	B	0.03%
	CDNS	B	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	ADSK	A	0.03%
	MKC	D	0.03%
	SANM	B	0.03%
	FTNT	C	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%
	EG	C	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%
	TFX	F	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%
	UHAL	D	0.02%
	XRX	F	0.02%
	WPC	D	0.02%
	GLPI	C	0.02%
	WERN	C	0.02%
	OI	C	0.02%
	POST	C	0.02%
	ANSS	B	0.02%
	ASGN	F	0.02%
	NAVI	C	0.02%
	CZR	F	0.02%
	CCEP	C	0.02%
	ST	F	0.02%
	AL	B	0.02%
	TPX	B	0.02%
	PII	D	0.02%
	STWD	C	0.02%
	PAG	B	0.02%
	EPAM	C	0.02%
	HUBG	A	0.02%
	SLG	B	0.02%
	GXO	B	0.02%
	CTLT	B	0.02%
	PENN	C	0.02%
	IDXX	F	0.02%
	CPT	B	0.02%
	HOG	D	0.02%
	APTV	D	0.02%
	ALGN	D	0.02%
	NOV	C	0.02%
	FCNCA	A	0.02%
	NVT	B	0.02%
	AVTR	F	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%
	RUSHA	C	0.02%
	SAIC	F	0.02%
	REZI	A	0.02%
	BRO	B	0.02%
	GNRC	B	0.02%
	COR	B	0.02%
	TGNA	B	0.02%
	BAP	B	0.02%
	SON	D	0.02%
	AXTA	A	0.02%
	LUV	C	0.02%
	SOLV	C	0.02%
	VSH	D	0.01%
	ANDE	D	0.01%
	LILAK	D	0.01%
	CRL	C	0.01%
	VRSN	F	0.01%
	DBX	B	0.01%
	ICLR	D	0.01%
	WTRG	B	0.01%
	SPTN	D	0.01%
	CYH	F	0.01%
	JAZZ	B	0.01%
	BLD	D	0.01%
	CBOE	B	0.01%
	FSLR	F	0.01%
	NOW	A	0.01%
	TNL	A	0.01%
	PRGO	B	0.01%
	QRTEA	F	0.01%
	AAL	B	0.01%
	ALLE	D	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 70 Positions Relative to DGRW

	Symbol	Grade	Weight
	ROL	B	-0.09%
	ERIE	D	-0.08%
	TXRH	C	-0.07%
	TPL	A	-0.07%
	WAL	B	-0.07%
	SF	B	-0.07%
	CIVI	D	-0.06%
	VRT	B	-0.06%
	HLI	B	-0.05%
	MPWR	F	-0.05%
	REYN	D	-0.05%
	FDS	B	-0.04%
	RLI	B	-0.04%
	WH	B	-0.04%
	WEN	D	-0.04%
	FLS	B	-0.04%
	HEI	B	-0.03%
	PR	B	-0.03%
	PAYC	B	-0.03%
	MGY	A	-0.03%
	CBT	C	-0.03%
	BWXT	B	-0.03%
	MKTX	D	-0.03%
	SNDR	B	-0.02%
	TECH	D	-0.02%
	COLM	B	-0.02%
	CHDN	B	-0.02%
	WMS	D	-0.02%
	OLED	D	-0.02%
	AAON	B	-0.02%
	WWD	B	-0.02%
	IPAR	B	-0.02%
	AWI	A	-0.02%
	HEI	B	-0.02%
	TKO	B	-0.02%
	TTEK	F	-0.02%
	SIGI	C	-0.02%
	RRC	B	-0.02%
	ASH	D	-0.02%
	BSY	D	-0.02%
	AIT	A	-0.02%
	CHX	C	-0.02%
	HLNE	B	-0.02%
	BYD	C	-0.02%
	MORN	B	-0.02%
	RGLD	C	-0.02%
	FIX	A	-0.02%
	MTDR	B	-0.02%
	HXL	D	-0.01%
	VNT	B	-0.01%
	MOG.A	B	-0.01%
	FUL	F	-0.01%
	POWI	D	-0.01%
	BMI	B	-0.01%
	COKE	C	-0.01%
	LFUS	F	-0.01%
	IBP	D	-0.01%
	PFSI	D	-0.01%
	BRKR	D	-0.01%
	AMKR	D	-0.01%
	KNSL	B	-0.01%
	H	B	-0.01%
	DLB	B	-0.01%
	EXPO	D	-0.01%
	NSP	D	-0.01%
	ORA	B	-0.01%
	ZWS	B	-0.01%
	NEU	C	-0.01%
	NFE	D	-0.0%
	FSS	B	-0.0%

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Business Services Oil & Gas E&P Specialty Retail Banks - Regional - US Software - Application Information Technology Services Semiconductors Diagnostics & Research Specialty Chemicals Credit Services Packaged Foods Packaging & Containers Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Electricity Chemical Mining Aerospace Electronics Bank Dow Jones Component Banking Real Estate Investment Trust Telecommunications Semiconductor Transport Insurance Products Medicine Beverage

DGRW: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Diversified Industrials Business Services Capital Markets Aerospace & Defense Semiconductors Specialty Chemicals Asset Management Building Materials Restaurants Credit Services Specialty Retail Insurance - Property & Casualty Integrated Shipping & Logistics Auto Parts Chemicals Drug Manufacturers - Major Industrial Distribution Semiconductor Equipment & Materials Health Care Plans

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Chemical Aerospace Electronics Computing Dow Jones Component Beverage Mining Semiconductor Building Materials Oil And Gas Adhesives Plastic Clothing Freight Transport Integrated Circuits Construction