FNDX vs. ESG ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to FlexShares STOXX US ESG Impact Index Fund (ESG)

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

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$140.22

Average Daily Volume

4,414

Number of Holdings ^*

259

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	ESG
30 Days	3.67%	3.59%
60 Days	4.58%	3.59%
90 Days	6.53%	6.22%
12 Months	29.67%	27.36%

247 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in ESG	Overlap
	A	D	0.05%	0.06%	0.05%
	AAPL	C	4.35%	4.84%	4.35%
	ABT	B	0.34%	0.66%	0.34%
	ACM	A	0.05%	0.06%	0.05%
	ACN	C	0.36%	1.12%	0.36%
	ADBE	C	0.2%	0.76%	0.2%
	ADM	D	0.21%	0.08%	0.08%
	ADP	B	0.15%	0.5%	0.15%
	ADSK	A	0.03%	0.33%	0.03%
	AEP	D	0.16%	0.2%	0.16%
	AES	F	0.05%	0.04%	0.04%
	AFL	B	0.21%	0.23%	0.21%
	AIG	B	0.28%	0.08%	0.08%
	AJG	B	0.05%	0.16%	0.05%
	AKAM	D	0.03%	0.03%	0.03%
	ALL	A	0.27%	0.08%	0.08%
	AMAT	F	0.24%	0.5%	0.24%
	AMD	F	0.09%	0.74%	0.09%
	AMT	D	0.11%	0.37%	0.11%
	AMZN	C	1.56%	5.34%	1.56%
	AON	A	0.13%	0.27%	0.13%
	APO	B	0.03%	0.35%	0.03%
	APTV	D	0.02%	0.04%	0.02%
	ARE	D	0.03%	0.05%	0.03%
	AVGO	D	0.61%	1.95%	0.61%
	AVTR	F	0.02%	0.02%	0.02%
	AWK	D	0.04%	0.13%	0.04%
	AZO	C	0.06%	0.09%	0.06%
	BAC	A	1.3%	1.03%	1.03%
	BALL	D	0.06%	0.07%	0.06%
	BAX	D	0.07%	0.04%	0.04%
	BBY	D	0.16%	0.09%	0.09%
	BDX	F	0.11%	0.11%	0.11%
	BG	F	0.1%	0.03%	0.03%
	BK	A	0.26%	0.23%	0.23%
	BKNG	A	0.24%	0.55%	0.24%
	BKR	B	0.16%	0.1%	0.1%
	BLK	C	0.28%	0.72%	0.28%
	BMY	B	0.45%	0.39%	0.39%
	BR	A	0.03%	0.09%	0.03%
	BRK.A	B	2.17%	3.02%	2.17%
	BSX	B	0.09%	0.21%	0.09%
	BURL	A	0.03%	0.05%	0.03%
	C	A	1.1%	0.64%	0.64%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	0.07%	0.09%	0.07%
	CAT	B	0.41%	0.31%	0.31%
	CB	C	0.26%	0.26%	0.26%
	CBRE	B	0.13%	0.2%	0.13%
	CCEP	C	0.02%	0.08%	0.02%
	CCL	B	0.06%	0.08%	0.06%
	CDNS	B	0.03%	0.13%	0.03%
	CEG	D	0.1%	0.18%	0.1%
	CI	F	0.48%	0.3%	0.3%
	CL	D	0.13%	0.31%	0.13%
	CLX	B	0.04%	0.1%	0.04%
	CMG	B	0.04%	0.27%	0.04%
	CMI	A	0.19%	0.17%	0.17%
	CMS	C	0.06%	0.05%	0.05%
	COST	B	0.66%	1.01%	0.66%
	CRM	B	0.15%	0.53%	0.15%
	CSCO	B	0.82%	0.96%	0.82%
	CTAS	B	0.08%	0.37%	0.08%
	CTSH	B	0.19%	0.1%	0.1%
	CTVA	C	0.09%	0.06%	0.06%
	CVS	D	0.68%	0.28%	0.28%
	CVX	A	1.25%	1.36%	1.25%
	D	C	0.17%	0.08%	0.08%
	DD	D	0.17%	0.12%	0.12%
	DE	A	0.23%	0.44%	0.23%
	DECK	A	0.03%	0.11%	0.03%
	DFS	B	0.26%	0.18%	0.18%
	DG	F	0.08%	0.02%	0.02%
	DIS	B	0.45%	0.81%	0.45%
	DKS	C	0.04%	0.02%	0.02%
	DLTR	F	0.05%	0.04%	0.04%
	DOC	D	0.03%	0.08%	0.03%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.18%	0.1%	0.1%
	DOX	D	0.04%	0.05%	0.04%
	DPZ	C	0.03%	0.04%	0.03%
	DUK	C	0.3%	0.21%	0.21%
	EA	A	0.09%	0.13%	0.09%
	EBAY	D	0.17%	0.1%	0.1%
	ECL	D	0.08%	0.17%	0.08%
	ED	D	0.12%	0.05%	0.05%
	EIX	B	0.1%	0.13%	0.1%
	EL	F	0.03%	0.06%	0.03%
	ELV	F	0.36%	0.39%	0.36%
	EMR	A	0.17%	0.12%	0.12%
	ESS	B	0.03%	0.06%	0.03%
	ETR	B	0.12%	0.08%	0.08%
	EW	C	0.04%	0.13%	0.04%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	B	0.04%	0.07%	0.04%
	FANG	D	0.05%	0.05%	0.05%
	FCX	D	0.14%	0.15%	0.14%
	FDX	B	0.32%	0.22%	0.22%
	FFIV	B	0.03%	0.02%	0.02%
	FITB	A	0.13%	0.08%	0.08%
	FTV	C	0.03%	0.1%	0.03%
	GEHC	F	0.09%	0.17%	0.09%
	GEN	B	0.04%	0.07%	0.04%
	GILD	C	0.37%	0.28%	0.28%
	GIS	D	0.11%	0.18%	0.11%
	GLW	B	0.14%	0.06%	0.06%
	GM	B	0.79%	0.32%	0.32%
	GS	A	0.62%	0.92%	0.62%
	GWW	B	0.08%	0.17%	0.08%
	HBAN	A	0.08%	0.06%	0.06%
	HD	A	0.8%	0.99%	0.8%
	HIG	B	0.14%	0.14%	0.14%
	HLT	A	0.06%	0.25%	0.06%
	HOLX	D	0.04%	0.06%	0.04%
	HPE	B	0.21%	0.12%	0.12%
	HPQ	B	0.21%	0.17%	0.17%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.04%	0.1%	0.04%
	IBM	C	0.54%	0.95%	0.54%
	ICE	C	0.11%	0.44%	0.11%
	IDXX	F	0.02%	0.06%	0.02%
	IEX	B	0.03%	0.04%	0.03%
	INTC	D	0.89%	0.53%	0.53%
	INTU	C	0.11%	0.48%	0.11%
	IPG	D	0.04%	0.06%	0.04%
	IQV	D	0.07%	0.12%	0.07%
	IRM	D	0.06%	0.13%	0.06%
	IT	C	0.03%	0.17%	0.03%
	ITW	B	0.15%	0.13%	0.13%
	JBL	B	0.06%	0.03%	0.03%
	JNJ	D	0.89%	1.79%	0.89%
	JPM	A	2.03%	3.38%	2.03%
	K	A	0.07%	0.09%	0.07%
	KDP	D	0.07%	0.06%	0.06%
	KEY	B	0.1%	0.05%	0.05%
	KHC	F	0.09%	0.09%	0.09%
	KLAC	D	0.08%	0.15%	0.08%
	KMB	D	0.1%	0.22%	0.1%
	KO	D	0.35%	1.2%	0.35%
	KR	B	0.3%	0.2%	0.2%
	LECO	B	0.02%	0.03%	0.02%
	LII	A	0.03%	0.09%	0.03%
	LKQ	D	0.05%	0.02%	0.02%
	LLY	F	0.2%	2.2%	0.2%
	LNG	B	0.06%	0.08%	0.06%
	LNT	A	0.04%	0.05%	0.04%
	LOW	D	0.43%	0.51%	0.43%
	LRCX	F	0.15%	0.24%	0.15%
	LULU	C	0.01%	0.19%	0.01%
	LVS	C	0.04%	0.04%	0.04%
	MA	C	0.29%	1.06%	0.29%
	MAR	B	0.09%	0.28%	0.09%
	MAS	D	0.05%	0.03%	0.03%
	MCD	D	0.34%	0.35%	0.34%
	MCK	B	0.11%	0.26%	0.11%
	MCO	B	0.07%	0.13%	0.07%
	MDLZ	F	0.2%	0.36%	0.2%
	MDT	D	0.16%	0.36%	0.16%
	MET	A	0.26%	0.2%	0.2%
	META	D	1.79%	5.19%	1.79%
	MKC	D	0.03%	0.06%	0.03%
	MMC	B	0.14%	0.27%	0.14%
	MRK	F	0.42%	1.02%	0.42%
	MRNA	F	0.03%	0.04%	0.03%
	MRO	B	0.09%	0.05%	0.05%
	MS	A	0.46%	0.26%	0.26%
	MSCI	C	0.03%	0.12%	0.03%
	MSFT	F	2.43%	4.72%	2.43%
	MU	D	0.38%	0.54%	0.38%
	NDAQ	A	0.03%	0.13%	0.03%
	NDSN	B	0.02%	0.04%	0.02%
	NEM	D	0.13%	0.19%	0.13%
	NI	A	0.05%	0.04%	0.04%
	NKE	D	0.19%	0.22%	0.19%
	NOW	A	0.01%	0.36%	0.01%
	NRG	B	0.1%	0.04%	0.04%
	NTAP	C	0.07%	0.08%	0.07%
	NVT	B	0.02%	0.06%	0.02%
	NXPI	D	0.05%	0.23%	0.05%
	OC	A	0.07%	0.03%	0.03%
	OMC	C	0.08%	0.1%	0.08%
	ORCL	B	0.5%	0.74%	0.5%
	OTIS	C	0.05%	0.16%	0.05%
	PANW	C	0.03%	0.32%	0.03%
	PEG	A	0.11%	0.14%	0.11%
	PFE	D	0.68%	0.36%	0.36%
	PFG	D	0.09%	0.08%	0.08%
	PG	A	0.77%	1.94%	0.77%
	PNR	A	0.04%	0.07%	0.04%
	PPL	B	0.11%	0.04%	0.04%
	PSA	D	0.05%	0.09%	0.05%
	PYPL	B	0.22%	0.29%	0.22%
	QCOM	F	0.43%	0.6%	0.43%
	RF	A	0.09%	0.06%	0.06%
	ROK	B	0.06%	0.13%	0.06%
	ROST	C	0.07%	0.2%	0.07%
	RSG	A	0.06%	0.07%	0.06%
	SBUX	A	0.28%	0.19%	0.19%
	SHW	A	0.08%	0.15%	0.08%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.12%	0.31%	0.12%
	SNPS	B	0.03%	0.21%	0.03%
	SPGI	C	0.15%	0.65%	0.15%
	SRE	A	0.13%	0.14%	0.13%
	STT	A	0.1%	0.07%	0.07%
	STX	D	0.09%	0.03%	0.03%
	STZ	D	0.07%	0.07%	0.07%
	SUI	D	0.02%	0.05%	0.02%
	SWK	D	0.07%	0.04%	0.04%
	SYK	C	0.13%	0.56%	0.13%
	TFC	A	0.23%	0.21%	0.21%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.38%	0.29%	0.29%
	TJX	A	0.22%	0.67%	0.22%
	TRV	B	0.31%	0.24%	0.24%
	TSCO	D	0.06%	0.12%	0.06%
	TSLA	B	0.28%	2.83%	0.28%
	TSN	B	0.2%	0.03%	0.03%
	TT	A	0.06%	0.38%	0.06%
	TXN	C	0.34%	0.62%	0.34%
	UBER	D	0.04%	0.49%	0.04%
	UNH	C	1.22%	0.91%	0.91%
	UNP	C	0.35%	0.58%	0.35%
	USB	A	0.32%	0.39%	0.32%
	V	A	0.36%	2.11%	0.36%
	VICI	C	0.02%	0.17%	0.02%
	VLO	C	0.39%	0.11%	0.11%
	VRSK	A	0.04%	0.13%	0.04%
	VRTX	F	0.07%	0.4%	0.07%
	VTR	C	0.08%	0.07%	0.07%
	VZ	C	1.13%	0.28%	0.28%
	WAB	B	0.06%	0.09%	0.06%
	WDC	D	0.12%	0.11%	0.11%
	WELL	A	0.1%	0.32%	0.1%
	WM	A	0.15%	0.13%	0.13%
	WMT	A	1.47%	1.82%	1.47%
	WSM	B	0.04%	0.08%	0.04%
	WST	C	0.02%	0.04%	0.02%
	WTW	B	0.07%	0.15%	0.07%
	WY	D	0.09%	0.11%	0.09%
	XEL	A	0.12%	0.06%	0.06%
	XOM	B	1.99%	2.63%	1.99%
	XYL	D	0.03%	0.1%	0.03%
	YUM	B	0.08%	0.12%	0.08%
	ZBH	C	0.05%	0.04%	0.04%
	ZBRA	B	0.04%	0.07%	0.04%
	ZTS	D	0.07%	0.32%	0.07%

FNDX Overweight 474 Positions Relative to ESG

	Symbol	Grade	Weight
	WFC	A	1.35%
	GOOGL	C	1.33%
	T	A	1.27%
	GOOG	C	1.14%
	CMCSA	B	0.83%
	LUMN	C	0.65%
	ABBV	D	0.49%
	PM	B	0.48%
	COF	B	0.48%
	COP	C	0.48%
	PEP	F	0.41%
	MPC	D	0.4%
	NVDA	C	0.4%
	AMGN	D	0.39%
	LMT	D	0.37%
	HON	B	0.37%
	MO	A	0.37%
	PSX	C	0.36%
	AXP	A	0.36%
	CHTR	C	0.35%
	MMM	D	0.35%
	RTX	C	0.34%
	SYF	B	0.34%
	F	C	0.33%
	LIN	D	0.33%
	PNC	B	0.3%
	UPS	C	0.28%
	SO	D	0.26%
	TMO	F	0.25%
	TMUS	B	0.25%
	NEE	D	0.24%
	KMI	A	0.23%
	ETN	A	0.23%
	PGR	A	0.23%
	EOG	A	0.23%
	CSX	B	0.22%
	PRU	A	0.22%
	NSC	B	0.21%
	GD	F	0.21%
	NOC	D	0.2%
	HCA	F	0.2%
	HUM	C	0.19%
	CNC	D	0.19%
	NUE	C	0.19%
	EXC	C	0.17%
	WMB	A	0.17%
	IP	B	0.17%
	WBA	F	0.17%
	NFLX	A	0.17%
	VST	B	0.16%
	DHI	D	0.16%
	LHX	C	0.16%
	LEN	D	0.16%
	JCI	C	0.16%
	DHR	F	0.15%
	AMP	A	0.15%
	PCAR	B	0.15%
	GE	D	0.15%
	LYB	F	0.14%
	OKE	A	0.14%
	APD	A	0.13%
	PH	A	0.13%
	SCHW	B	0.13%
	TROW	B	0.13%
	BX	A	0.13%
	ADI	D	0.13%
	FI	A	0.13%
	URI	B	0.13%
	FIS	C	0.12%
	CARR	D	0.12%
	KKR	A	0.12%
	ORLY	B	0.11%
	MTB	A	0.11%
	PARA	C	0.11%
	OXY	D	0.11%
	BA	F	0.11%
	PHM	D	0.11%
	STLD	B	0.11%
	SYY	B	0.1%
	ALLY	C	0.1%
	FOXA	B	0.1%
	VTRS	A	0.1%
	REGN	F	0.1%
	SPG	B	0.1%
	CFG	B	0.1%
	GPN	B	0.09%
	SW	A	0.09%
	ISRG	A	0.09%
	FE	C	0.09%
	DVN	F	0.09%
	RS	B	0.09%
	BIIB	F	0.09%
	APH	A	0.09%
	CCI	D	0.09%
	LH	C	0.09%
	ARW	D	0.08%
	EMN	D	0.08%
	NTRS	A	0.08%
	NVR	D	0.08%
	USFD	A	0.08%
	CHRW	C	0.08%
	WHR	B	0.08%
	ES	D	0.08%
	CME	A	0.08%
	UHS	D	0.08%
	PPG	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%
	VFC	C	0.07%
	MSI	B	0.07%
	HWM	A	0.07%
	CMA	A	0.07%
	CF	B	0.07%
	AEE	A	0.07%
	DGX	A	0.07%
	TRGP	B	0.07%
	THC	D	0.07%
	EVRG	A	0.07%
	PWR	A	0.07%
	R	B	0.07%
	PLD	D	0.07%
	CINF	A	0.07%
	X	C	0.07%
	LAD	A	0.07%
	PKG	A	0.07%
	AVT	C	0.07%
	DTE	C	0.07%
	LDOS	C	0.07%
	FAST	B	0.07%
	SNA	A	0.06%
	OVV	B	0.06%
	HES	B	0.06%
	TOL	B	0.06%
	M	D	0.06%
	ODFL	B	0.06%
	MGM	D	0.06%
	DVA	B	0.06%
	CPAY	A	0.06%
	JEF	A	0.06%
	TXT	D	0.06%
	BLDR	D	0.06%
	UNM	A	0.06%
	AA	B	0.06%
	ZION	B	0.06%
	OMF	A	0.06%
	MHK	D	0.06%
	FLEX	A	0.06%
	PFGC	B	0.06%
	EME	C	0.06%
	CNP	B	0.06%
	HAL	C	0.06%
	FNF	B	0.06%
	PAYX	C	0.06%
	TDG	D	0.06%
	KSS	F	0.06%
	MOS	F	0.06%
	KMX	B	0.06%
	MOH	F	0.05%
	VNO	B	0.05%
	MNST	C	0.05%
	VMC	B	0.05%
	AFG	A	0.05%
	INGR	B	0.05%
	ORI	A	0.05%
	JBHT	C	0.05%
	MKL	A	0.05%
	CSL	C	0.05%
	MCHP	D	0.05%
	IVZ	B	0.05%
	IFF	D	0.05%
	L	A	0.05%
	JNPR	F	0.05%
	DRI	B	0.05%
	AN	C	0.05%
	BXP	D	0.05%
	GPC	D	0.05%
	KD	B	0.05%
	AVB	B	0.05%
	DXC	B	0.05%
	ALSN	B	0.05%
	LEA	D	0.05%
	EQH	B	0.05%
	TDS	B	0.05%
	EQR	B	0.05%
	GPI	A	0.05%
	CASY	A	0.05%
	DINO	D	0.05%
	BWA	D	0.05%
	ROP	B	0.05%
	J	F	0.05%
	TPR	B	0.05%
	AME	A	0.05%
	SFM	A	0.05%
	RJF	A	0.05%
	BFH	B	0.05%
	LNC	B	0.05%
	KVUE	A	0.05%
	TAP	C	0.05%
	ANET	C	0.04%
	O	D	0.04%
	FBIN	D	0.04%
	LPX	B	0.04%
	BCC	B	0.04%
	GAP	C	0.04%
	SSNC	B	0.04%
	TER	D	0.04%
	OSK	B	0.04%
	AVY	D	0.04%
	AMG	B	0.04%
	KEYS	A	0.04%
	ZIM	C	0.04%
	UFPI	B	0.04%
	FYBR	D	0.04%
	RPM	A	0.04%
	CNO	A	0.04%
	ON	D	0.04%
	CRBG	B	0.04%
	SLM	A	0.04%
	TMHC	B	0.04%
	CCK	C	0.04%
	WAT	B	0.04%
	GT	C	0.04%
	RGA	A	0.04%
	ATO	A	0.04%
	SWKS	F	0.04%
	RHI	B	0.04%
	HSIC	B	0.04%
	CHD	B	0.04%
	FAF	A	0.04%
	MUSA	A	0.04%
	BERY	B	0.04%
	LPLA	A	0.04%
	PVH	C	0.04%
	NWSA	B	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%
	EQT	B	0.04%
	MLM	B	0.04%
	GEV	B	0.04%
	MRVL	B	0.04%
	UGI	A	0.04%
	CDW	F	0.04%
	DELL	C	0.03%
	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%
	SCI	B	0.03%
	ACI	C	0.03%
	ACGL	D	0.03%
	TDY	B	0.03%
	CPRT	A	0.03%
	GNTX	C	0.03%
	AAP	C	0.03%
	TRU	D	0.03%
	BTU	B	0.03%
	SQ	B	0.03%
	ITT	A	0.03%
	RVTY	F	0.03%
	BBWI	D	0.03%
	KBH	D	0.03%
	ILMN	D	0.03%
	CW	B	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%
	PCG	A	0.03%
	ABG	B	0.03%
	SNV	B	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%
	MTD	D	0.03%
	AMCR	D	0.03%
	ARMK	B	0.03%
	CPB	D	0.03%
	AIZ	A	0.03%
	EFX	F	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%
	FL	F	0.03%
	RRX	B	0.03%
	RL	B	0.03%
	AGCO	D	0.03%
	CACI	D	0.03%
	APA	D	0.03%
	MTH	D	0.03%
	JHG	A	0.03%
	CLF	F	0.03%
	HII	D	0.03%
	HRL	D	0.03%
	EWBC	A	0.03%
	WU	D	0.03%
	TRMB	B	0.03%
	CIEN	B	0.03%
	ULTA	F	0.03%
	GNW	A	0.03%
	NXST	C	0.03%
	GRMN	B	0.03%
	MAA	B	0.03%
	CG	A	0.03%
	HUN	F	0.03%
	FHN	A	0.03%
	CTRA	B	0.03%
	CMC	B	0.03%
	OLN	D	0.03%
	BAH	F	0.03%
	CE	F	0.03%
	WSO	A	0.03%
	RMD	C	0.03%
	IR	B	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	WRB	A	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%
	HUBB	B	0.03%
	WLK	D	0.02%
	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%
	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%
	UHAL	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%
	ST	F	0.02%
	AL	B	0.02%
	MUR	D	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%
	GGG	B	0.02%
	GXO	B	0.02%
	CTLT	B	0.02%
	PENN	C	0.02%
	JKHY	D	0.02%
	CPT	B	0.02%
	HOG	D	0.02%
	POOL	C	0.02%
	ALGN	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	FCNCA	A	0.02%
	AOS	F	0.02%
	BECN	B	0.02%
	SKX	D	0.02%
	CC	C	0.02%
	CNH	C	0.02%
	LAMR	D	0.02%
	REG	B	0.02%
	PK	B	0.02%
	BRX	A	0.02%
	UDR	B	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%
	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%
	CNXC	F	0.01%
	CRL	C	0.01%
	VRSN	F	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%
	BLD	D	0.01%
	CBOE	B	0.01%
	FSLR	F	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%
	UNFI	A	0.01%
	CRI	D	0.01%
	CNX	A	0.01%
	CPRI	F	0.01%

FNDX Underweight 12 Positions Relative to ESG

	Symbol	Grade	Weight
	CRWD	B	-0.26%
	FLUT	A	-0.23%
	HUBS	A	-0.14%
	FDS	B	-0.1%
	NU	C	-0.08%
	XPO	B	-0.07%
	SMCI	F	-0.05%
	RPRX	D	-0.05%
	SNAP	C	-0.04%
	OKTA	C	-0.02%
	RNR	C	-0.02%
	PSTG	D	-0.02%

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

ESG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Specialty Retail Banks - Regional - US Capital Markets Discount Stores Drug Manufacturers - Major Medical Devices Packaged Foods Semiconductors Software - Infrastructure Business Services Household & Personal Products Medical Instruments & Supplies Restaurants Utilities - Diversified Asset Management Credit Services Data Storage

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Insurance Natural Gas Electricity Electronics Bank Banking Medicine Semiconductor Work From Home Integrated Circuits Investment Bank Mining Pharmaceutical Products Retailing Insurance Products Plastic