FNDX vs. EQAL ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to PowerShares Russell 1000 Equal Weight Portfolio (EQAL)

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

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$51.47

Average Daily Volume

22,601

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	EQAL
30 Days	3.67%	5.64%
60 Days	4.58%	6.61%
90 Days	6.53%	8.92%
12 Months	29.67%	28.87%

651 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in EQAL	Overlap
A	D	0.05%	0.07%	0.05%
AA	B	0.06%	0.31%	0.06%
AAL	B	0.01%	0.07%	0.01%
AAP	C	0.03%	0.05%	0.03%
AAPL	C	4.35%	0.06%	0.06%
ABBV	D	0.49%	0.07%	0.07%
ABT	B	0.34%	0.08%	0.08%
ACGL	D	0.03%	0.06%	0.03%
ACI	C	0.03%	0.16%	0.03%
ACM	A	0.05%	0.05%	0.05%
ACN	C	0.36%	0.05%	0.05%
ADBE	C	0.2%	0.06%	0.06%
ADI	D	0.13%	0.06%	0.06%
ADM	D	0.21%	0.14%	0.14%
ADP	B	0.15%	0.05%	0.05%
ADSK	A	0.03%	0.07%	0.03%
AEE	A	0.07%	0.21%	0.07%
AEP	D	0.16%	0.18%	0.16%
AES	F	0.05%	0.15%	0.05%
AFG	A	0.05%	0.06%	0.05%
AFL	B	0.21%	0.06%	0.06%
AGCO	D	0.03%	0.05%	0.03%
AIG	B	0.28%	0.07%	0.07%
AIZ	A	0.03%	0.07%	0.03%
AJG	B	0.05%	0.07%	0.05%
AKAM	D	0.03%	0.06%	0.03%
AL	B	0.02%	0.05%	0.02%
ALB	C	0.03%	0.27%	0.03%
ALGN	D	0.02%	0.08%	0.02%
ALK	C	0.02%	0.07%	0.02%
ALL	A	0.27%	0.06%	0.06%
ALLE	D	0.01%	0.05%	0.01%
ALLY	C	0.1%	0.07%	0.07%
ALSN	B	0.05%	0.06%	0.05%
AMAT	F	0.24%	0.06%	0.06%
AMCR	D	0.03%	0.04%	0.03%
AMD	F	0.09%	0.06%	0.06%
AME	A	0.05%	0.05%	0.05%
AMG	B	0.04%	0.07%	0.04%
AMGN	D	0.39%	0.07%	0.07%
AMP	A	0.15%	0.08%	0.08%
AMT	D	0.11%	0.11%	0.11%
AMZN	C	1.56%	0.05%	0.05%
AN	C	0.05%	0.05%	0.05%
ANET	C	0.04%	0.54%	0.04%
ANSS	B	0.02%	0.07%	0.02%
AON	A	0.13%	0.07%	0.07%
AOS	F	0.02%	0.04%	0.02%
APA	D	0.03%	0.19%	0.03%
APD	A	0.13%	0.27%	0.13%
APH	A	0.09%	0.07%	0.07%
APO	B	0.03%	0.09%	0.03%
APTV	D	0.02%	0.04%	0.02%
AR	B	0.03%	0.23%	0.03%
ARE	D	0.03%	0.12%	0.03%
ARMK	B	0.03%	0.06%	0.03%
ARW	D	0.08%	0.06%	0.06%
ATO	A	0.04%	0.21%	0.04%
ATR	B	0.02%	0.05%	0.02%
AVB	B	0.05%	0.13%	0.05%
AVGO	D	0.61%	0.06%	0.06%
AVT	C	0.07%	0.06%	0.06%
AVTR	F	0.02%	0.06%	0.02%
AVY	D	0.04%	0.22%	0.04%
AWK	D	0.04%	0.18%	0.04%
AXP	A	0.36%	0.05%	0.05%
AXTA	A	0.02%	0.05%	0.02%
AYI	B	0.04%	0.06%	0.04%
AZO	C	0.06%	0.05%	0.05%
BA	F	0.11%	0.04%	0.04%
BAC	A	1.3%	0.07%	0.07%
BAH	F	0.03%	0.04%	0.03%
BALL	D	0.06%	0.04%	0.04%
BAX	D	0.07%	0.06%	0.06%
BBWI	D	0.03%	0.06%	0.03%
BBY	D	0.16%	0.05%	0.05%
BC	C	0.03%	0.05%	0.03%
BDX	F	0.11%	0.08%	0.08%
BEN	C	0.04%	0.07%	0.04%
BERY	B	0.04%	0.05%	0.04%
BG	F	0.1%	0.14%	0.1%
BIIB	F	0.09%	0.07%	0.07%
BJ	A	0.02%	0.05%	0.02%
BK	A	0.26%	0.07%	0.07%
BKNG	A	0.24%	0.07%	0.07%
BKR	B	0.16%	0.26%	0.16%
BLD	D	0.01%	0.04%	0.01%
BLDR	D	0.06%	0.05%	0.05%
BLK	C	0.28%	0.07%	0.07%
BMY	B	0.45%	0.1%	0.1%
BPOP	B	0.02%	0.06%	0.02%
BR	A	0.03%	0.07%	0.03%
BRK.A	B	2.17%	0.07%	0.07%
BRO	B	0.02%	0.07%	0.02%
BRX	A	0.02%	0.14%	0.02%
BSX	B	0.09%	0.09%	0.09%
BURL	A	0.03%	0.05%	0.03%
BWA	D	0.05%	0.05%	0.05%
BX	A	0.13%	0.08%	0.08%
BXP	D	0.05%	0.14%	0.05%
C	A	1.1%	0.07%	0.07%
CACI	D	0.03%	0.07%	0.03%
CAG	D	0.06%	0.14%	0.06%
CAH	B	0.07%	0.09%	0.07%
CAR	C	0.03%	0.08%	0.03%
CARR	D	0.12%	0.04%	0.04%
CASY	A	0.05%	0.16%	0.05%
CAT	B	0.41%	0.05%	0.05%
CB	C	0.26%	0.06%	0.06%
CBOE	B	0.01%	0.06%	0.01%
CBRE	B	0.13%	0.15%	0.13%
CC	C	0.02%	0.27%	0.02%
CCI	D	0.09%	0.12%	0.09%
CCK	C	0.04%	0.05%	0.04%
CCL	B	0.06%	0.07%	0.06%
CDNS	B	0.03%	0.07%	0.03%
CDW	F	0.04%	0.05%	0.04%
CE	F	0.03%	0.15%	0.03%
CEG	D	0.1%	0.23%	0.1%
CF	B	0.07%	0.26%	0.07%
CFG	B	0.1%	0.07%	0.07%
CG	A	0.03%	0.08%	0.03%
CHD	B	0.04%	0.16%	0.04%
CHE	D	0.01%	0.08%	0.01%
CHRW	C	0.08%	0.05%	0.05%
CHTR	C	0.35%	0.58%	0.35%
CI	F	0.48%	0.07%	0.07%
CIEN	B	0.03%	0.64%	0.03%
CINF	A	0.07%	0.07%	0.07%
CL	D	0.13%	0.14%	0.13%
CLF	F	0.03%	0.24%	0.03%
CLX	B	0.04%	0.16%	0.04%
CMA	A	0.07%	0.08%	0.07%
CMCSA	B	0.83%	0.56%	0.56%
CME	A	0.08%	0.07%	0.07%
CMG	B	0.04%	0.05%	0.04%
CMI	A	0.19%	0.06%	0.06%
CMS	C	0.06%	0.19%	0.06%
CNC	D	0.19%	0.06%	0.06%
CNH	C	0.02%	0.05%	0.02%
CNP	B	0.06%	0.21%	0.06%
CNXC	F	0.01%	0.04%	0.01%
COF	B	0.48%	0.06%	0.06%
COHR	B	0.02%	0.08%	0.02%
COP	C	0.48%	0.22%	0.22%
COR	B	0.02%	0.16%	0.02%
COST	B	0.66%	0.05%	0.05%
CPAY	A	0.06%	0.05%	0.05%
CPB	D	0.03%	0.14%	0.03%
CPRI	F	0.01%	0.03%	0.01%
CPRT	A	0.03%	0.06%	0.03%
CPT	B	0.02%	0.13%	0.02%
CRBG	B	0.04%	0.07%	0.04%
CRI	D	0.01%	0.04%	0.01%
CRL	C	0.01%	0.08%	0.01%
CRM	B	0.15%	0.08%	0.08%
CSCO	B	0.82%	0.58%	0.58%
CSL	C	0.05%	0.05%	0.05%
CSX	B	0.22%	0.05%	0.05%
CTAS	B	0.08%	0.05%	0.05%
CTLT	B	0.02%	0.08%	0.02%
CTRA	B	0.03%	0.22%	0.03%
CTSH	B	0.19%	0.07%	0.07%
CTVA	C	0.09%	0.16%	0.09%
CVS	D	0.68%	0.15%	0.15%
CVX	A	1.25%	0.23%	0.23%
CW	B	0.03%	0.06%	0.03%
CZR	F	0.02%	0.05%	0.02%
D	C	0.17%	0.19%	0.17%
DAL	C	0.03%	0.07%	0.03%
DAR	C	0.02%	0.19%	0.02%
DBX	B	0.01%	0.07%	0.01%
DCI	B	0.02%	0.05%	0.02%
DD	D	0.17%	0.04%	0.04%
DE	A	0.23%	0.04%	0.04%
DECK	A	0.03%	0.06%	0.03%
DELL	C	0.03%	0.07%	0.03%
DFS	B	0.26%	0.08%	0.08%
DG	F	0.08%	0.05%	0.05%
DGX	A	0.07%	0.08%	0.07%
DHI	D	0.16%	0.04%	0.04%
DHR	F	0.15%	0.07%	0.07%
DINO	D	0.05%	0.19%	0.05%
DIS	B	0.45%	0.06%	0.06%
DKS	C	0.04%	0.05%	0.04%
DLR	B	0.08%	0.15%	0.08%
DLTR	F	0.05%	0.05%	0.05%
DOC	D	0.03%	0.13%	0.03%
DOV	A	0.06%	0.05%	0.05%
DOW	F	0.18%	0.04%	0.04%
DOX	D	0.04%	0.06%	0.04%
DPZ	C	0.03%	0.05%	0.03%
DRI	B	0.05%	0.05%	0.05%
DTE	C	0.07%	0.19%	0.07%
DUK	C	0.3%	0.19%	0.19%
DVA	B	0.06%	0.08%	0.06%
DVN	F	0.09%	0.19%	0.09%
DXC	B	0.05%	0.06%	0.05%
EA	A	0.09%	0.06%	0.06%
EBAY	D	0.17%	0.05%	0.05%
ECL	D	0.08%	0.23%	0.08%
ED	D	0.12%	0.18%	0.12%
EFX	F	0.03%	0.04%	0.03%
EG	C	0.02%	0.06%	0.02%
EHC	B	0.02%	0.09%	0.02%
EIX	B	0.1%	0.19%	0.1%
EL	F	0.03%	0.04%	0.03%
ELV	F	0.36%	0.06%	0.06%
EME	C	0.06%	0.06%	0.06%
EMN	D	0.08%	0.24%	0.08%
EMR	A	0.17%	0.06%	0.06%
EOG	A	0.23%	0.23%	0.23%
EPAM	C	0.02%	0.08%	0.02%
EQH	B	0.05%	0.07%	0.05%
EQIX	A	0.08%	0.14%	0.08%
EQR	B	0.05%	0.13%	0.05%
EQT	B	0.04%	0.26%	0.04%
ES	D	0.08%	0.18%	0.08%
ESS	B	0.03%	0.13%	0.03%
ETN	A	0.23%	0.05%	0.05%
ETR	B	0.12%	0.23%	0.12%
EVR	B	0.04%	0.08%	0.04%
EVRG	A	0.07%	0.21%	0.07%
EW	C	0.04%	0.08%	0.04%
EWBC	A	0.03%	0.09%	0.03%
EXC	C	0.17%	0.19%	0.17%
EXP	A	0.03%	0.05%	0.03%
EXPD	D	0.04%	0.05%	0.04%
EXPE	B	0.04%	0.07%	0.04%
EXR	D	0.03%	0.13%	0.03%
F	C	0.33%	0.05%	0.05%
FAF	A	0.04%	0.06%	0.04%
FANG	D	0.05%	0.21%	0.05%
FAST	B	0.07%	0.28%	0.07%
FBIN	D	0.04%	0.04%	0.04%
FCNCA	A	0.02%	0.07%	0.02%
FCX	D	0.14%	0.24%	0.14%
FDX	B	0.32%	0.05%	0.05%
FE	C	0.09%	0.18%	0.09%
FFIV	B	0.03%	0.07%	0.03%
FHN	A	0.03%	0.08%	0.03%
FI	A	0.13%	0.05%	0.05%
FIS	C	0.12%	0.05%	0.05%
FITB	A	0.13%	0.07%	0.07%
FLO	D	0.02%	0.15%	0.02%
FMC	D	0.03%	0.21%	0.03%
FNF	B	0.06%	0.06%	0.06%
FOXA	B	0.1%	0.07%	0.07%
FSLR	F	0.01%	0.16%	0.01%
FTI	A	0.01%	0.23%	0.01%
FTNT	C	0.03%	0.08%	0.03%
FTV	C	0.03%	0.04%	0.03%
FYBR	D	0.04%	0.49%	0.04%
G	B	0.03%	0.05%	0.03%
GAP	C	0.04%	0.05%	0.04%
GD	F	0.21%	0.04%	0.04%
GDDY	A	0.03%	0.08%	0.03%
GE	D	0.15%	0.05%	0.05%
GEHC	F	0.09%	0.08%	0.08%
GEN	B	0.04%	0.07%	0.04%
GEV	B	0.04%	0.07%	0.04%
GGG	B	0.02%	0.05%	0.02%
GILD	C	0.37%	0.09%	0.09%
GIS	D	0.11%	0.14%	0.11%
GL	B	0.03%	0.07%	0.03%
GLPI	C	0.02%	0.13%	0.02%
GLW	B	0.14%	0.07%	0.07%
GM	B	0.79%	0.06%	0.06%
GNRC	B	0.02%	0.06%	0.02%
GNTX	C	0.03%	0.05%	0.03%
GOOGL	C	1.33%	0.07%	0.07%
GPC	D	0.05%	0.05%	0.05%
GPK	C	0.03%	0.04%	0.03%
GPN	B	0.09%	0.05%	0.05%
GRMN	B	0.03%	0.06%	0.03%
GS	A	0.62%	0.08%	0.08%
GWW	B	0.08%	0.05%	0.05%
GXO	B	0.02%	0.05%	0.02%
HAL	C	0.06%	0.21%	0.06%
HAS	D	0.03%	0.05%	0.03%
HBAN	A	0.08%	0.08%	0.08%
HCA	F	0.2%	0.07%	0.07%
HD	A	0.8%	0.06%	0.06%
HES	B	0.06%	0.22%	0.06%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.03%	0.03%	0.03%
HLT	A	0.06%	0.06%	0.06%
HOG	D	0.02%	0.05%	0.02%
HOLX	D	0.04%	0.08%	0.04%
HON	B	0.37%	0.05%	0.05%
HPE	B	0.21%	0.08%	0.08%
HPQ	B	0.21%	0.07%	0.07%
HRB	D	0.01%	0.05%	0.01%
HRL	D	0.03%	0.15%	0.03%
HSIC	B	0.04%	0.08%	0.04%
HST	C	0.04%	0.14%	0.04%
HSY	F	0.04%	0.14%	0.04%
HUBB	B	0.03%	0.05%	0.03%
HUM	C	0.19%	0.07%	0.07%
HUN	F	0.03%	0.21%	0.03%
HWM	A	0.07%	0.05%	0.05%
IBM	C	0.54%	0.06%	0.06%
ICE	C	0.11%	0.06%	0.06%
IDXX	F	0.02%	0.07%	0.02%
IEX	B	0.03%	0.05%	0.03%
IFF	D	0.05%	0.2%	0.05%
ILMN	D	0.03%	0.09%	0.03%
INGR	B	0.05%	0.17%	0.05%
INTC	D	0.89%	0.08%	0.08%
INTU	C	0.11%	0.07%	0.07%
INVH	D	0.03%	0.13%	0.03%
IP	B	0.17%	0.28%	0.17%
IPG	D	0.04%	0.05%	0.04%
IQV	D	0.07%	0.07%	0.07%
IR	B	0.03%	0.05%	0.03%
IRM	D	0.06%	0.13%	0.06%
ISRG	A	0.09%	0.09%	0.09%
IT	C	0.03%	0.07%	0.03%
ITT	A	0.03%	0.05%	0.03%
ITW	B	0.15%	0.05%	0.05%
IVZ	B	0.05%	0.07%	0.05%
J	F	0.05%	0.05%	0.05%
JAZZ	B	0.01%	0.09%	0.01%
JBHT	C	0.05%	0.05%	0.05%
JBL	B	0.06%	0.08%	0.06%
JCI	C	0.16%	0.05%	0.05%
JEF	A	0.06%	0.08%	0.06%
JHG	A	0.03%	0.08%	0.03%
JKHY	D	0.02%	0.04%	0.02%
JLL	D	0.08%	0.14%	0.08%
JNJ	D	0.89%	0.07%	0.07%
JNPR	F	0.05%	0.5%	0.05%
JPM	A	2.03%	0.07%	0.07%
JWN	C	0.01%	0.05%	0.01%
K	A	0.07%	0.16%	0.07%
KBR	F	0.02%	0.06%	0.02%
KD	B	0.05%	0.08%	0.05%
KDP	D	0.07%	0.14%	0.07%
KEY	B	0.1%	0.07%	0.07%
KEYS	A	0.04%	0.05%	0.04%
KHC	F	0.09%	0.15%	0.09%
KIM	A	0.03%	0.14%	0.03%
KKR	A	0.12%	0.08%	0.08%
KLAC	D	0.08%	0.05%	0.05%
KMB	D	0.1%	0.15%	0.1%
KMI	A	0.23%	0.26%	0.23%
KMX	B	0.06%	0.05%	0.05%
KNX	B	0.04%	0.05%	0.04%
KO	D	0.35%	0.14%	0.14%
KR	B	0.3%	0.17%	0.17%
KSS	F	0.06%	0.05%	0.05%
KVUE	A	0.05%	0.16%	0.05%
L	A	0.05%	0.06%	0.05%
LAD	A	0.07%	0.07%	0.07%
LAMR	D	0.02%	0.14%	0.02%
LDOS	C	0.07%	0.07%	0.07%
LEA	D	0.05%	0.05%	0.05%
LECO	B	0.02%	0.05%	0.02%
LEG	F	0.02%	0.05%	0.02%
LEN	D	0.16%	0.05%	0.05%
LH	C	0.09%	0.09%	0.09%
LHX	C	0.16%	0.05%	0.05%
LII	A	0.03%	0.05%	0.03%
LIN	D	0.33%	0.23%	0.23%
LKQ	D	0.05%	0.05%	0.05%
LLY	F	0.2%	0.07%	0.07%
LMT	D	0.37%	0.04%	0.04%
LNC	B	0.05%	0.07%	0.05%
LNG	B	0.06%	0.23%	0.06%
LNT	A	0.04%	0.2%	0.04%
LOW	D	0.43%	0.06%	0.06%
LPLA	A	0.04%	0.09%	0.04%
LPX	B	0.04%	0.06%	0.04%
LRCX	F	0.15%	0.06%	0.06%
LSTR	D	0.03%	0.04%	0.03%
LULU	C	0.01%	0.06%	0.01%
LUV	C	0.02%	0.06%	0.02%
LVS	C	0.04%	0.06%	0.04%
LW	C	0.02%	0.2%	0.02%
LYB	F	0.14%	0.21%	0.14%
M	D	0.06%	0.05%	0.05%
MA	C	0.29%	0.05%	0.05%
MAA	B	0.03%	0.13%	0.03%
MAN	D	0.04%	0.04%	0.04%
MAR	B	0.09%	0.06%	0.06%
MAS	D	0.05%	0.05%	0.05%
MCD	D	0.34%	0.05%	0.05%
MCHP	D	0.05%	0.05%	0.05%
MCK	B	0.11%	0.19%	0.11%
MCO	B	0.07%	0.06%	0.06%
MDLZ	F	0.2%	0.14%	0.14%
MDT	D	0.16%	0.08%	0.08%
MDU	D	0.02%	0.03%	0.02%
MET	A	0.26%	0.07%	0.07%
META	D	1.79%	0.07%	0.07%
MGM	D	0.06%	0.05%	0.05%
MHK	D	0.06%	0.04%	0.04%
MIDD	C	0.02%	0.05%	0.02%
MKC	D	0.03%	0.14%	0.03%
MKL	A	0.05%	0.07%	0.05%
MKSI	C	0.02%	0.05%	0.02%
MLM	B	0.04%	0.05%	0.04%
MMC	B	0.14%	0.06%	0.06%
MMM	D	0.35%	0.05%	0.05%
MNST	C	0.05%	0.18%	0.05%
MO	A	0.37%	0.17%	0.17%
MOH	F	0.05%	0.07%	0.05%
MOS	F	0.06%	0.25%	0.06%
MPC	D	0.4%	0.19%	0.19%
MPW	F	0.02%	0.1%	0.02%
MRK	F	0.42%	0.07%	0.07%
MRNA	F	0.03%	0.05%	0.03%
MRO	B	0.09%	0.22%	0.09%
MRVL	B	0.04%	0.07%	0.04%
MS	A	0.46%	0.09%	0.09%
MSCI	C	0.03%	0.07%	0.03%
MSFT	F	2.43%	0.06%	0.06%
MSI	B	0.07%	0.56%	0.07%
MSM	C	0.01%	0.05%	0.01%
MTB	A	0.11%	0.08%	0.08%
MTD	D	0.03%	0.04%	0.03%
MTG	C	0.02%	0.06%	0.02%
MTN	C	0.02%	0.05%	0.02%
MTZ	B	0.03%	0.05%	0.03%
MU	D	0.38%	0.07%	0.07%
MUSA	A	0.04%	0.05%	0.04%
NDAQ	A	0.03%	0.07%	0.03%
NDSN	B	0.02%	0.05%	0.02%
NEE	D	0.24%	0.18%	0.18%
NEM	D	0.13%	0.18%	0.13%
NFG	A	0.02%	0.2%	0.02%
NFLX	A	0.17%	0.06%	0.06%
NI	A	0.05%	0.21%	0.05%
NKE	D	0.19%	0.05%	0.05%
NOC	D	0.2%	0.04%	0.04%
NOV	C	0.02%	0.2%	0.02%
NOW	A	0.01%	0.07%	0.01%
NRG	B	0.1%	0.23%	0.1%
NSC	B	0.21%	0.05%	0.05%
NTAP	C	0.07%	0.06%	0.06%
NTRS	A	0.08%	0.08%	0.08%
NUE	C	0.19%	0.25%	0.19%
NVDA	C	0.4%	0.08%	0.08%
NVR	D	0.08%	0.05%	0.05%
NVT	B	0.02%	0.05%	0.02%
NWL	B	0.03%	0.07%	0.03%
NWSA	B	0.04%	0.06%	0.04%
NXST	C	0.03%	0.05%	0.03%
O	D	0.04%	0.12%	0.04%
OC	A	0.07%	0.05%	0.05%
ODFL	B	0.06%	0.05%	0.05%
OGE	B	0.03%	0.21%	0.03%
OGN	D	0.04%	0.06%	0.04%
OKE	A	0.14%	0.24%	0.14%
OLN	D	0.03%	0.24%	0.03%
OMC	C	0.08%	0.06%	0.06%
OMF	A	0.06%	0.08%	0.06%
ON	D	0.04%	0.06%	0.04%
ORCL	B	0.5%	0.07%	0.07%
ORI	A	0.05%	0.07%	0.05%
ORLY	B	0.11%	0.05%	0.05%
OSK	B	0.04%	0.05%	0.04%
OTIS	C	0.05%	0.05%	0.05%
OVV	B	0.06%	0.23%	0.06%
OXY	D	0.11%	0.2%	0.11%
PAG	B	0.02%	0.06%	0.02%
PANW	C	0.03%	0.07%	0.03%
PARA	C	0.11%	0.05%	0.05%
PAYX	C	0.06%	0.05%	0.05%
PCAR	B	0.15%	0.05%	0.05%
PCG	A	0.03%	0.21%	0.03%
PEG	A	0.11%	0.21%	0.11%
PENN	C	0.02%	0.06%	0.02%
PEP	F	0.41%	0.15%	0.15%
PFE	D	0.68%	0.07%	0.07%
PFG	D	0.09%	0.06%	0.06%
PFGC	B	0.06%	0.18%	0.06%
PG	A	0.77%	0.15%	0.15%
PGR	A	0.23%	0.06%	0.06%
PH	A	0.13%	0.05%	0.05%
PHM	D	0.11%	0.05%	0.05%
PII	D	0.02%	0.04%	0.02%
PK	B	0.02%	0.15%	0.02%
PKG	A	0.07%	0.05%	0.05%
PLD	D	0.07%	0.12%	0.07%
PM	B	0.48%	0.16%	0.16%
PNC	B	0.3%	0.07%	0.07%
PNR	A	0.04%	0.05%	0.04%
PNW	B	0.04%	0.2%	0.04%
POOL	C	0.02%	0.05%	0.02%
POST	C	0.02%	0.15%	0.02%
PPG	F	0.08%	0.05%	0.05%
PPL	B	0.11%	0.2%	0.11%
PRGO	B	0.01%	0.08%	0.01%
PRI	A	0.03%	0.07%	0.03%
PRU	A	0.22%	0.07%	0.07%
PSA	D	0.05%	0.13%	0.05%
PSX	C	0.36%	0.2%	0.2%
PVH	C	0.04%	0.06%	0.04%
PWR	A	0.07%	0.06%	0.06%
PYPL	B	0.22%	0.06%	0.06%
QCOM	F	0.43%	0.06%	0.06%
QRVO	F	0.03%	0.04%	0.03%
R	B	0.07%	0.06%	0.06%
REG	B	0.02%	0.14%	0.02%
REGN	F	0.1%	0.05%	0.05%
RF	A	0.09%	0.07%	0.07%
RGA	A	0.04%	0.06%	0.04%
RHI	B	0.04%	0.06%	0.04%
RJF	A	0.05%	0.08%	0.05%
RL	B	0.03%	0.06%	0.03%
RMD	C	0.03%	0.07%	0.03%
ROK	B	0.06%	0.05%	0.05%
ROP	B	0.05%	0.06%	0.05%
ROST	C	0.07%	0.05%	0.05%
RPM	A	0.04%	0.05%	0.04%
RRX	B	0.03%	0.05%	0.03%
RS	B	0.09%	0.27%	0.09%
RSG	A	0.06%	0.2%	0.06%
RTX	C	0.34%	0.05%	0.05%
RVTY	F	0.03%	0.08%	0.03%
SAIC	F	0.02%	0.06%	0.02%
SBAC	D	0.02%	0.12%	0.02%
SBUX	A	0.28%	0.05%	0.05%
SCHW	B	0.13%	0.08%	0.08%
SCI	B	0.03%	0.06%	0.03%
SEE	C	0.03%	0.05%	0.03%
SEIC	B	0.03%	0.07%	0.03%
SHW	A	0.08%	0.05%	0.05%
SJM	D	0.05%	0.15%	0.05%
SKX	D	0.02%	0.05%	0.02%
SLB	C	0.12%	0.22%	0.12%
SLM	A	0.04%	0.07%	0.04%
SNA	A	0.06%	0.06%	0.06%
SNPS	B	0.03%	0.07%	0.03%
SNV	B	0.03%	0.08%	0.03%
SNX	C	0.03%	0.06%	0.03%
SO	D	0.26%	0.19%	0.19%
SOLV	C	0.02%	0.08%	0.02%
SON	D	0.02%	0.04%	0.02%
SPG	B	0.1%	0.15%	0.1%
SPGI	C	0.15%	0.06%	0.06%
SQ	B	0.03%	0.06%	0.03%
SRE	A	0.13%	0.22%	0.13%
SSNC	B	0.04%	0.06%	0.04%
ST	F	0.02%	0.04%	0.02%
STE	F	0.03%	0.07%	0.03%
STLD	B	0.11%	0.29%	0.11%
STT	A	0.1%	0.07%	0.07%
STWD	C	0.02%	0.06%	0.02%
STZ	D	0.07%	0.15%	0.07%
SUI	D	0.02%	0.12%	0.02%
SW	A	0.09%	0.05%	0.05%
SWK	D	0.07%	0.04%	0.04%
SWKS	F	0.04%	0.05%	0.04%
SYF	B	0.34%	0.06%	0.06%
SYK	C	0.13%	0.08%	0.08%
SYY	B	0.1%	0.15%	0.1%
T	A	1.27%	0.51%	0.51%
TAP	C	0.05%	0.19%	0.05%
TDG	D	0.06%	0.04%	0.04%
TDY	B	0.03%	0.05%	0.03%
TER	D	0.04%	0.05%	0.04%
TFC	A	0.23%	0.07%	0.07%
TFX	F	0.02%	0.06%	0.02%
TGT	F	0.38%	0.05%	0.05%
THC	D	0.07%	0.08%	0.07%
THG	A	0.03%	0.07%	0.03%
THO	B	0.04%	0.06%	0.04%
TJX	A	0.22%	0.05%	0.05%
TKR	D	0.02%	0.22%	0.02%
TMO	F	0.25%	0.07%	0.07%
TMUS	B	0.25%	0.59%	0.25%
TNL	A	0.01%	0.06%	0.01%
TOL	B	0.06%	0.05%	0.05%
TPR	B	0.05%	0.07%	0.05%
TPX	B	0.02%	0.06%	0.02%
TRGP	B	0.07%	0.26%	0.07%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.13%	0.07%	0.07%
TRU	D	0.03%	0.05%	0.03%
TRV	B	0.31%	0.07%	0.07%
TSCO	D	0.06%	0.05%	0.05%
TSLA	B	0.28%	0.07%	0.07%
TSN	B	0.2%	0.16%	0.16%
TT	A	0.06%	0.05%	0.05%
TTC	D	0.02%	0.04%	0.02%
TTWO	A	0.03%	0.06%	0.03%
TXN	C	0.34%	0.06%	0.06%
TXT	D	0.06%	0.04%	0.04%
UBER	D	0.04%	0.05%	0.04%
UDR	B	0.02%	0.13%	0.02%
UGI	A	0.04%	0.19%	0.04%
UHAL	D	0.02%	0.05%	0.02%
UHS	D	0.08%	0.07%	0.07%
ULTA	F	0.03%	0.05%	0.03%
UNH	C	1.22%	0.08%	0.08%
UNM	A	0.06%	0.08%	0.06%
UNP	C	0.35%	0.04%	0.04%
UPS	C	0.28%	0.05%	0.05%
URI	B	0.13%	0.05%	0.05%
USB	A	0.32%	0.07%	0.07%
USFD	A	0.08%	0.18%	0.08%
V	A	0.36%	0.05%	0.05%
VAC	B	0.02%	0.07%	0.02%
VFC	C	0.07%	0.06%	0.06%
VICI	C	0.02%	0.13%	0.02%
VLO	C	0.39%	0.21%	0.21%
VMC	B	0.05%	0.05%	0.05%
VNO	B	0.05%	0.16%	0.05%
VOYA	B	0.03%	0.07%	0.03%
VRSK	A	0.04%	0.05%	0.04%
VRSN	F	0.01%	0.07%	0.01%
VRTX	F	0.07%	0.08%	0.07%
VST	B	0.16%	0.34%	0.16%
VTR	C	0.08%	0.13%	0.08%
VTRS	A	0.1%	0.09%	0.09%
VZ	C	1.13%	0.46%	0.46%
WAB	B	0.06%	0.05%	0.05%
WAT	B	0.04%	0.09%	0.04%
WBA	F	0.17%	0.16%	0.16%
WBD	C	0.08%	0.07%	0.07%
WCC	B	0.04%	0.06%	0.04%
WDC	D	0.12%	0.06%	0.06%
WEC	A	0.08%	0.2%	0.08%
WELL	A	0.1%	0.14%	0.1%
WFC	A	1.35%	0.09%	0.09%
WHR	B	0.08%	0.06%	0.06%
WLK	D	0.02%	0.22%	0.02%
WM	A	0.15%	0.21%	0.15%
WMB	A	0.17%	0.24%	0.17%
WMT	A	1.47%	0.05%	0.05%
WPC	D	0.02%	0.12%	0.02%
WRB	A	0.03%	0.07%	0.03%
WSM	B	0.04%	0.05%	0.04%
WSO	A	0.03%	0.05%	0.03%
WST	C	0.02%	0.09%	0.02%
WTRG	B	0.01%	0.2%	0.01%
WTW	B	0.07%	0.07%	0.07%
WU	D	0.03%	0.04%	0.03%
WY	D	0.09%	0.13%	0.09%
X	C	0.07%	0.25%	0.07%
XEL	A	0.12%	0.21%	0.12%
XOM	B	1.99%	0.21%	0.21%
XRAY	F	0.01%	0.06%	0.01%
XYL	D	0.03%	0.04%	0.03%
YUM	B	0.08%	0.05%	0.05%
ZBH	C	0.05%	0.08%	0.05%
ZBRA	B	0.04%	0.06%	0.04%
ZION	B	0.06%	0.08%	0.06%
ZTS	D	0.07%	0.07%	0.07%

FNDX Overweight 70 Positions Relative to EQAL

Symbol	Grade	Weight
GOOG	C	1.14%
LUMN	C	0.65%
STX	D	0.09%
WKC	D	0.08%
FLEX	A	0.06%
NXPI	D	0.05%
TDS	B	0.05%
GPI	A	0.05%
SFM	A	0.05%
BFH	B	0.05%
BCC	B	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
CNO	A	0.04%
TMHC	B	0.04%
GT	C	0.04%
JXN	C	0.04%
BTU	B	0.03%
KBH	D	0.03%
TPH	D	0.03%
FLR	B	0.03%
ABG	B	0.03%
FL	F	0.03%
MTH	D	0.03%
GNW	A	0.03%
CMC	B	0.03%
PBF	D	0.03%
SANM	B	0.03%
HBI	B	0.03%
MLI	C	0.03%
ODP	F	0.02%
ALV	C	0.02%
ADNT	F	0.02%
MATX	C	0.02%
CHKP	D	0.02%
ARCH	B	0.02%
AER	B	0.02%
NSIT	F	0.02%
POR	C	0.02%
XRX	F	0.02%
ASO	F	0.02%
WERN	C	0.02%
OI	C	0.02%
ASGN	F	0.02%
NAVI	C	0.02%
SM	B	0.02%
CCEP	C	0.02%
MUR	D	0.02%
HUBG	A	0.02%
SLG	B	0.02%
BECN	B	0.02%
ABM	B	0.02%
RUSHA	C	0.02%
REZI	A	0.02%
TGNA	B	0.02%
BAP	B	0.02%
VSH	D	0.01%
ANDE	D	0.01%
LILAK	D	0.01%
ICLR	D	0.01%
SPTN	D	0.01%
MMS	F	0.01%
AEO	F	0.01%
CYH	F	0.01%
QRTEA	F	0.01%
DK	C	0.01%
HTZ	C	0.01%
DAN	D	0.01%
UNFI	A	0.01%
CNX	A	0.01%

FNDX Underweight 317 Positions Relative to EQAL

Symbol	Grade	Weight
UI	A	-0.85%
LITE	B	-0.78%
LBRDK	C	-0.74%
IRDM	D	-0.57%
ROKU	D	-0.5%
TPL	A	-0.34%
MP	B	-0.32%
RBC	A	-0.26%
DTM	B	-0.26%
ESI	A	-0.26%
SMG	D	-0.26%
SCCO	F	-0.24%
PR	B	-0.23%
RRC	B	-0.23%
HXL	D	-0.23%
NEU	C	-0.23%
RGLD	C	-0.23%
MTDR	B	-0.23%
ASH	D	-0.22%
IDA	A	-0.22%
CLH	B	-0.21%
BRBR	A	-0.2%
AGR	B	-0.2%
AM	A	-0.2%
SAM	C	-0.19%
CWEN	C	-0.19%
PPC	C	-0.19%
CIVI	D	-0.19%
CHRD	D	-0.19%
Z	A	-0.18%
WFRD	D	-0.18%
NFE	D	-0.17%
FRPT	B	-0.17%
GO	C	-0.17%
SPB	C	-0.16%
APP	B	-0.16%
SEG	B	-0.15%
HHH	B	-0.15%
COKE	C	-0.15%
MSTR	C	-0.15%
KRC	C	-0.15%
ADC	B	-0.14%
SEB	F	-0.14%
REYN	D	-0.14%
CUZ	B	-0.14%
STAG	F	-0.13%
AMH	D	-0.13%
EGP	F	-0.13%
EPR	D	-0.13%
CELH	F	-0.13%
FR	C	-0.13%
RYN	D	-0.13%
ELS	C	-0.13%
CSGP	D	-0.13%
FRT	B	-0.13%
OHI	C	-0.13%
HIW	D	-0.13%
REXR	F	-0.12%
NNN	D	-0.12%
ENPH	F	-0.12%
NSA	D	-0.12%
CUBE	D	-0.12%
COIN	C	-0.11%
TWLO	A	-0.11%
EXEL	B	-0.11%
DOCS	C	-0.11%
SOFI	A	-0.11%
MASI	A	-0.11%
NTRA	B	-0.1%
INCY	C	-0.1%
DJT	C	-0.1%
COLD	D	-0.1%
PLTR	B	-0.1%
VRT	B	-0.09%
NCNO	B	-0.09%
WBS	A	-0.09%
FIVN	C	-0.09%
DXCM	D	-0.09%
BIO	D	-0.09%
HUBS	A	-0.09%
IBKR	A	-0.09%
CVNA	B	-0.09%
NVST	B	-0.09%
DOCU	A	-0.09%
CFLT	B	-0.09%
PODD	C	-0.09%
UAL	A	-0.09%
GMED	A	-0.09%
TOST	B	-0.09%
TEAM	A	-0.09%
PEN	B	-0.09%
PINC	B	-0.09%
ITCI	C	-0.09%
UTHR	C	-0.09%
HOOD	B	-0.09%
RCL	A	-0.08%
TPG	A	-0.08%
AGO	B	-0.08%
NCLH	B	-0.08%
S	B	-0.08%
ZM	B	-0.08%
QGEN	D	-0.08%
ROIV	C	-0.08%
ZS	C	-0.08%
PCOR	B	-0.08%
MTSI	B	-0.08%
BHF	B	-0.08%
MEDP	D	-0.08%
RNG	B	-0.08%
ELAN	D	-0.08%
FTRE	D	-0.08%
BILL	A	-0.08%
CERT	F	-0.08%
ALNY	D	-0.08%
LYFT	C	-0.08%
TECH	D	-0.08%
RGEN	D	-0.08%
DAY	B	-0.08%
RCM	F	-0.08%
NBIX	C	-0.08%
PEGA	A	-0.08%
COLB	A	-0.08%
OWL	A	-0.08%
DASH	A	-0.08%
CRWD	B	-0.08%
WTFC	A	-0.08%
PAYC	B	-0.08%
PNFP	B	-0.08%
VEEV	C	-0.08%
CFR	B	-0.08%
SF	B	-0.08%
ENOV	C	-0.08%
RARE	D	-0.07%
GFS	C	-0.07%
WDAY	B	-0.07%
DDS	B	-0.07%
SRPT	D	-0.07%
BRKR	D	-0.07%
DNB	B	-0.07%
INSP	D	-0.07%
SMAR	A	-0.07%
VKTX	F	-0.07%
LYV	A	-0.07%
TFSL	A	-0.07%
GME	C	-0.07%
UAA	C	-0.07%
WTM	A	-0.07%
RYAN	B	-0.07%
GTLB	B	-0.07%
VIRT	B	-0.07%
MORN	B	-0.07%
AXS	A	-0.07%
BOKF	B	-0.07%
SNOW	C	-0.07%
DV	C	-0.07%
BROS	B	-0.07%
KMPR	B	-0.07%
GWRE	A	-0.07%
PTC	A	-0.07%
PB	A	-0.07%
IPGP	D	-0.07%
GLOB	B	-0.07%
AXON	A	-0.07%
FDS	B	-0.07%
LSCC	D	-0.07%
TW	A	-0.07%
NTNX	A	-0.07%
DUOL	A	-0.07%
OZK	B	-0.07%
WAL	B	-0.07%
RLI	B	-0.07%
AZTA	D	-0.07%
SHC	F	-0.07%
CBSH	A	-0.07%
RPRX	D	-0.07%
NET	B	-0.07%
DDOG	A	-0.07%
SPOT	B	-0.07%
ARES	A	-0.07%
ESTC	C	-0.07%
FHB	A	-0.07%
FNB	A	-0.07%
IONS	F	-0.07%
AMED	F	-0.07%
PYCR	C	-0.07%
HLI	B	-0.07%
TRIP	F	-0.06%
FICO	B	-0.06%
ESAB	B	-0.06%
AGNC	D	-0.06%
RBA	A	-0.06%
ENTG	D	-0.06%
ALGM	D	-0.06%
H	B	-0.06%
AWI	A	-0.06%
MSGS	A	-0.06%
AFRM	B	-0.06%
WOLF	F	-0.06%
SAIA	B	-0.06%
FIX	A	-0.06%
ABNB	C	-0.06%
CPNG	D	-0.06%
IAC	D	-0.06%
PLTK	B	-0.06%
RBLX	C	-0.06%
HCP	B	-0.06%
BWXT	B	-0.06%
FOUR	B	-0.06%
EXAS	D	-0.06%
LOPE	B	-0.06%
BSY	D	-0.06%
RNR	C	-0.06%
FLS	B	-0.06%
INFA	D	-0.06%
MDB	C	-0.06%
APLS	D	-0.06%
XPO	B	-0.06%
U	C	-0.06%
PINS	D	-0.06%
BYD	C	-0.06%
WYNN	D	-0.06%
TXRH	C	-0.06%
TTD	B	-0.06%
CHH	A	-0.06%
PSTG	D	-0.06%
ZI	D	-0.06%
APPF	B	-0.06%
CNA	B	-0.06%
MKTX	D	-0.06%
PLNT	A	-0.06%
KNSL	B	-0.06%
RH	B	-0.06%
OKTA	C	-0.06%
WH	B	-0.06%
DLB	B	-0.06%
BMRN	D	-0.06%
PSN	D	-0.06%
TYL	B	-0.06%
AAON	B	-0.06%
NU	C	-0.06%
CACC	D	-0.06%
PATH	C	-0.06%
PCTY	B	-0.06%
MANH	D	-0.06%
TDC	D	-0.06%
DT	C	-0.06%
MSA	D	-0.05%
LNW	D	-0.05%
WEX	D	-0.05%
SSD	D	-0.05%
OLLI	D	-0.05%
LFUS	F	-0.05%
WWD	B	-0.05%
CRUS	D	-0.05%
CNM	D	-0.05%
FND	C	-0.05%
EEFT	B	-0.05%
CGNX	C	-0.05%
APG	B	-0.05%
FIVE	F	-0.05%
BIRK	D	-0.05%
ROL	B	-0.05%
CHDN	B	-0.05%
AZEK	A	-0.05%
TXG	F	-0.05%
TREX	C	-0.05%
COLM	B	-0.05%
ETSY	D	-0.05%
SN	D	-0.05%
SNDR	B	-0.05%
HAYW	B	-0.05%
ADTN	A	-0.05%
OLED	D	-0.05%
YETI	C	-0.05%
CR	A	-0.05%
SLGN	A	-0.05%
ONTO	D	-0.05%
HEI	B	-0.05%
NYT	C	-0.05%
SITE	D	-0.05%
KEX	C	-0.05%
AMKR	D	-0.05%
VMI	B	-0.05%
MAT	D	-0.05%
SIRI	C	-0.05%
TKO	B	-0.05%
DKNG	B	-0.05%
VNT	B	-0.05%
XP	F	-0.05%
VVV	F	-0.05%
WEN	D	-0.05%
MTCH	D	-0.05%
ELF	C	-0.05%
GTES	A	-0.05%
WSC	D	-0.04%
RIVN	F	-0.04%
BFAM	D	-0.04%
WING	D	-0.04%
UWMC	D	-0.04%
CROX	D	-0.04%
ACHC	F	-0.04%
FCN	D	-0.04%
MPWR	F	-0.04%
WMS	D	-0.04%
SPR	D	-0.04%
TTEK	F	-0.04%
QS	F	-0.04%
VSTS	C	-0.04%
CXT	B	-0.04%
COTY	F	-0.04%
CLVT	F	-0.04%
VLTO	D	-0.04%
W	F	-0.04%
ATI	D	-0.04%
RKT	F	-0.04%
LCID	F	-0.03%
SMCI	F	-0.02%