FNDX vs. EVUS ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to iShares ESG Aware MSCI USA Value ETF (EVUS)

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

$71.47

Average Daily Volume

429,832

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$29.79

Average Daily Volume

2,107

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	EVUS
30 Days	3.09%	3.88%
60 Days	4.23%	6.21%
90 Days	6.97%	8.96%
12 Months	26.34%	24.19%

220 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in EVUS	Overlap
	A	C	0.06%	0.21%	0.06%
	ABBV	C	0.6%	1.1%	0.6%
	ABT	C	0.34%	0.25%	0.25%
	ACGL	C	0.05%	0.19%	0.05%
	ACN	C	0.34%	0.57%	0.34%
	ADI	C	0.13%	0.29%	0.13%
	ADM	D	0.22%	0.12%	0.12%
	ADP	B	0.15%	1.18%	0.15%
	AFL	C	0.23%	0.23%	0.23%
	AIZ	B	0.03%	0.18%	0.03%
	AKAM	D	0.03%	0.14%	0.03%
	ALLE	B	0.02%	0.16%	0.02%
	AMGN	B	0.48%	0.9%	0.48%
	AMT	C	0.14%	0.72%	0.14%
	ANSS	D	0.02%	0.34%	0.02%
	APD	B	0.11%	0.1%	0.1%
	AVGO	C	0.68%	3.03%	0.68%
	AVTR	B	0.03%	0.12%	0.03%
	AVY	C	0.04%	0.11%	0.04%
	AXP	B	0.37%	0.84%	0.37%
	BAC	D	1.22%	1.14%	1.14%
	BALL	C	0.06%	0.12%	0.06%
	BBY	C	0.19%	0.32%	0.19%
	BG	D	0.11%	0.35%	0.11%
	BIIB	F	0.1%	0.13%	0.1%
	BK	B	0.26%	0.67%	0.26%
	BKR	C	0.14%	0.25%	0.14%
	BLK	B	0.26%	0.28%	0.26%
	BMY	C	0.35%	0.36%	0.35%
	BR	D	0.04%	0.71%	0.04%
	BRK.A	C	2.29%	1.17%	1.17%
	BXP	B	0.05%	0.12%	0.05%
	C	C	1.04%	0.59%	0.59%
	CAG	C	0.07%	0.11%	0.07%
	CAH	C	0.07%	0.31%	0.07%
	CARR	B	0.13%	0.42%	0.13%
	CAT	B	0.39%	0.7%	0.39%
	CB	B	0.29%	0.13%	0.13%
	CBOE	C	0.02%	0.11%	0.02%
	CBRE	A	0.12%	0.32%	0.12%
	CCI	C	0.11%	0.7%	0.11%
	CCK	A	0.04%	0.1%	0.04%
	CHD	D	0.04%	0.27%	0.04%
	CHRW	B	0.07%	0.38%	0.07%
	CI	C	0.55%	0.67%	0.55%
	CLX	C	0.04%	0.44%	0.04%
	CMCSA	D	0.75%	0.38%	0.38%
	CMI	C	0.17%	0.67%	0.17%
	CMS	C	0.06%	0.41%	0.06%
	CNC	D	0.25%	0.24%	0.24%
	CNH	D	0.03%	0.23%	0.03%
	COF	B	0.39%	0.14%	0.14%
	COP	D	0.42%	0.77%	0.42%
	CPB	C	0.04%	0.15%	0.04%
	CSCO	C	0.73%	0.9%	0.73%
	CVS	D	0.68%	0.1%	0.1%
	CVX	D	1.07%	1.14%	1.07%
	D	C	0.19%	0.29%	0.19%
	DAL	C	0.02%	0.22%	0.02%
	DD	B	0.18%	0.09%	0.09%
	DE	B	0.22%	0.44%	0.22%
	DFS	B	0.21%	0.35%	0.21%
	DG	F	0.08%	0.07%	0.07%
	DGX	B	0.07%	0.29%	0.07%
	DHI	B	0.2%	0.2%	0.2%
	DHR	B	0.17%	0.86%	0.17%
	DIS	D	0.37%	0.73%	0.37%
	DLR	B	0.08%	0.41%	0.08%
	DLTR	F	0.04%	0.07%	0.04%
	DOV	B	0.06%	0.1%	0.06%
	DOW	D	0.2%	0.12%	0.12%
	EA	D	0.08%	0.37%	0.08%
	ECL	B	0.09%	0.68%	0.09%
	ED	C	0.13%	0.27%	0.13%
	EIX	C	0.11%	0.29%	0.11%
	ELV	C	0.5%	0.94%	0.5%
	EQIX	C	0.08%	0.59%	0.08%
	EQT	D	0.03%	0.12%	0.03%
	ES	C	0.09%	0.26%	0.09%
	ETN	C	0.21%	0.25%	0.21%
	EXC	C	0.18%	0.37%	0.18%
	EXPD	C	0.02%	0.54%	0.02%
	FANG	D	0.05%	0.11%	0.05%
	FDX	C	0.32%	0.24%	0.24%
	FIS	B	0.13%	0.25%	0.13%
	FSLR	C	0.02%	0.13%	0.02%
	FTV	C	0.03%	0.27%	0.03%
	GEHC	C	0.07%	0.1%	0.07%
	GEV	B	0.05%	0.16%	0.05%
	GILD	B	0.35%	0.93%	0.35%
	GIS	B	0.13%	0.72%	0.13%
	GS	C	0.56%	0.71%	0.56%
	HBAN	B	0.07%	0.24%	0.07%
	HCA	B	0.25%	0.36%	0.25%
	HD	B	0.78%	1.99%	0.78%
	HIG	B	0.15%	0.48%	0.15%
	HII	D	0.04%	0.17%	0.04%
	HOLX	B	0.04%	0.15%	0.04%
	HON	D	0.34%	0.79%	0.34%
	HPE	D	0.18%	0.29%	0.18%
	HPQ	D	0.2%	0.15%	0.15%
	HRL	C	0.03%	0.13%	0.03%
	HUBB	B	0.03%	0.13%	0.03%
	HUM	F	0.21%	0.12%	0.12%
	IBM	B	0.61%	1.23%	0.61%
	ICE	C	0.13%	0.11%	0.11%
	IEX	D	0.02%	0.16%	0.02%
	IFF	B	0.06%	0.14%	0.06%
	INTC	F	0.6%	0.48%	0.48%
	IP	B	0.15%	0.14%	0.14%
	IPG	C	0.04%	0.1%	0.04%
	IR	C	0.03%	0.12%	0.03%
	IRM	C	0.08%	0.36%	0.08%
	ITW	C	0.15%	0.11%	0.11%
	J	C	0.05%	0.23%	0.05%
	JBHT	D	0.04%	0.16%	0.04%
	JCI	B	0.15%	0.34%	0.15%
	JNJ	C	1.0%	1.58%	1.0%
	JNPR	B	0.05%	0.13%	0.05%
	JPM	D	1.94%	2.43%	1.94%
	K	B	0.07%	0.92%	0.07%
	KDP	B	0.08%	0.26%	0.08%
	KEYS	C	0.03%	0.35%	0.03%
	KHC	C	0.11%	0.31%	0.11%
	KMB	D	0.11%	0.39%	0.11%
	KMI	B	0.19%	0.63%	0.19%
	KMX	D	0.07%	0.09%	0.07%
	KO	C	0.43%	1.96%	0.43%
	KR	C	0.3%	0.41%	0.3%
	LDOS	B	0.08%	0.11%	0.08%
	LIN	B	0.35%	0.53%	0.35%
	LKQ	F	0.05%	0.43%	0.05%
	LOW	B	0.42%	0.75%	0.42%
	LYB	D	0.16%	0.09%	0.09%
	MCD	B	0.34%	0.66%	0.34%
	MDLZ	B	0.23%	0.1%	0.1%
	MET	B	0.26%	0.5%	0.26%
	MKC	C	0.04%	0.16%	0.04%
	MMC	C	0.15%	0.26%	0.15%
	MMM	B	0.4%	0.64%	0.4%
	MRK	D	0.51%	0.64%	0.51%
	MRO	C	0.08%	0.17%	0.08%
	MS	D	0.35%	0.82%	0.35%
	MU	F	0.35%	0.4%	0.35%
	NDAQ	A	0.03%	0.35%	0.03%
	NEE	C	0.29%	0.92%	0.29%
	NEM	B	0.19%	0.36%	0.19%
	NI	B	0.05%	0.63%	0.05%
	NKE	D	0.18%	0.1%	0.1%
	NOC	B	0.21%	0.44%	0.21%
	NTAP	D	0.08%	0.09%	0.08%
	NTRS	A	0.07%	0.14%	0.07%
	NUE	F	0.18%	0.25%	0.18%
	NXPI	F	0.08%	0.56%	0.08%
	OC	D	0.06%	0.18%	0.06%
	OKE	B	0.13%	0.64%	0.13%
	ORCL	C	0.47%	1.16%	0.47%
	OVV	F	0.04%	0.35%	0.04%
	PAYX	C	0.06%	0.12%	0.06%
	PEG	B	0.11%	0.92%	0.11%
	PEP	C	0.45%	0.98%	0.45%
	PFE	C	0.75%	0.66%	0.66%
	PFG	B	0.08%	0.12%	0.08%
	PG	C	0.84%	1.58%	0.84%
	PGR	B	0.26%	0.4%	0.26%
	PHM	B	0.13%	0.14%	0.13%
	PLD	C	0.08%	0.35%	0.08%
	PNC	B	0.29%	0.55%	0.29%
	PNR	B	0.04%	0.57%	0.04%
	PPG	D	0.08%	0.36%	0.08%
	PRU	C	0.23%	0.98%	0.23%
	PSA	B	0.06%	0.11%	0.06%
	PSX	F	0.36%	0.33%	0.33%
	PYPL	B	0.19%	0.2%	0.19%
	QCOM	D	0.47%	0.66%	0.47%
	REGN	C	0.16%	0.33%	0.16%
	RMD	C	0.04%	0.1%	0.04%
	ROK	D	0.05%	0.13%	0.05%
	RTX	C	0.37%	0.81%	0.37%
	SBUX	C	0.27%	0.38%	0.27%
	SCHW	D	0.1%	0.31%	0.1%
	SLB	F	0.11%	0.27%	0.11%
	SOLV	C	0.04%	0.12%	0.04%
	SPGI	B	0.15%	0.7%	0.15%
	STE	C	0.03%	0.35%	0.03%
	STLD	F	0.09%	0.09%	0.09%
	STT	A	0.09%	0.16%	0.09%
	STZ	D	0.08%	0.11%	0.08%
	SYF	C	0.27%	0.36%	0.27%
	SYY	D	0.1%	0.1%	0.1%
	T	C	1.37%	0.37%	0.37%
	TAP	D	0.05%	0.31%	0.05%
	TFC	C	0.22%	0.22%	0.22%
	TFX	C	0.02%	0.2%	0.02%
	TGT	C	0.37%	0.43%	0.37%
	TJX	B	0.24%	0.18%	0.18%
	TMO	B	0.29%	0.14%	0.14%
	TRMB	C	0.03%	0.16%	0.03%
	TRV	C	0.3%	0.44%	0.3%
	TSCO	C	0.06%	0.25%	0.06%
	TTC	D	0.02%	0.09%	0.02%
	TXN	C	0.34%	1.5%	0.34%
	ULTA	D	0.03%	0.11%	0.03%
	UNH	C	1.25%	2.16%	1.25%
	UPS	D	0.25%	0.32%	0.25%
	URI	B	0.12%	0.25%	0.12%
	USB	B	0.3%	0.26%	0.26%
	VLO	F	0.38%	0.23%	0.23%
	VZ	B	1.32%	0.87%	0.87%
	WDC	D	0.13%	0.12%	0.12%
	WELL	C	0.11%	0.45%	0.11%
	WFC	D	1.06%	0.21%	0.21%
	WMB	B	0.15%	0.13%	0.13%
	WTRG	D	0.01%	0.21%	0.01%
	WTW	C	0.07%	0.13%	0.07%
	WY	C	0.09%	0.28%	0.09%
	XOM	C	1.92%	1.48%	1.48%
	XYL	C	0.04%	0.45%	0.04%
	ZBH	F	0.05%	0.22%	0.05%
	ZTS	C	0.08%	0.48%	0.08%

FNDX Overweight 498 Positions Relative to EVUS

	Symbol	Grade	Weight
	AAPL	C	4.51%
	MSFT	C	2.54%
	META	B	1.85%
	WMT	C	1.51%
	AMZN	C	1.42%
	GOOGL	D	1.22%
	GOOG	D	1.06%
	COST	B	0.73%
	GM	C	0.69%
	LUMN	C	0.57%
	PM	C	0.51%
	MPC	F	0.41%
	UNP	C	0.4%
	LMT	C	0.4%
	MO	C	0.39%
	NVDA	D	0.38%
	V	C	0.35%
	DUK	C	0.34%
	CHTR	D	0.32%
	F	F	0.31%
	SO	B	0.29%
	ALL	B	0.29%
	AIG	D	0.28%
	MA	B	0.28%
	LLY	C	0.27%
	MDT	C	0.27%
	AMAT	D	0.25%
	TMUS	C	0.24%
	GD	B	0.23%
	ADBE	F	0.22%
	NSC	C	0.21%
	CSX	D	0.21%
	EOG	D	0.2%
	BKNG	C	0.2%
	TSN	C	0.2%
	TSLA	C	0.19%
	LEN	B	0.19%
	EBAY	B	0.19%
	GE	B	0.18%
	CTSH	C	0.18%
	AEP	C	0.18%
	LRCX	F	0.16%
	LHX	C	0.16%
	CL	D	0.16%
	EMR	D	0.15%
	NFLX	B	0.15%
	WM	D	0.15%
	WBA	F	0.14%
	GLW	C	0.14%
	BA	F	0.14%
	AON	B	0.13%
	FITB	B	0.13%
	PCAR	D	0.13%
	SYK	C	0.13%
	FCX	D	0.13%
	XEL	B	0.12%
	PH	B	0.12%
	CRM	D	0.12%
	SRE	C	0.12%
	AMP	A	0.12%
	NRG	C	0.11%
	INTU	C	0.11%
	ETR	B	0.11%
	TEL	D	0.11%
	SW	B	0.11%
	SPG	B	0.11%
	OXY	F	0.11%
	BDX	D	0.11%
	BX	B	0.11%
	KKR	B	0.11%
	VST	C	0.11%
	PPL	C	0.11%
	TROW	D	0.11%
	KEY	B	0.1%
	VTRS	D	0.1%
	MCK	F	0.1%
	KLAC	D	0.1%
	CEG	C	0.1%
	ALLY	F	0.1%
	STX	C	0.1%
	CFG	C	0.1%
	FE	C	0.1%
	ORLY	C	0.1%
	UHS	B	0.1%
	BAX	C	0.09%
	CTVA	B	0.09%
	FOXA	B	0.09%
	APH	D	0.09%
	TT	B	0.09%
	ISRG	B	0.09%
	SHW	B	0.09%
	CTAS	B	0.09%
	VTR	C	0.09%
	JLL	B	0.09%
	BSX	B	0.09%
	PARA	F	0.09%
	AMD	D	0.09%
	MTB	B	0.09%
	RF	B	0.08%
	VRTX	D	0.08%
	GPN	D	0.08%
	TDG	B	0.08%
	RS	D	0.08%
	MCO	B	0.08%
	MAR	C	0.08%
	OMC	B	0.08%
	EMN	B	0.08%
	CME	C	0.08%
	THC	A	0.08%
	YUM	D	0.08%
	NVR	B	0.08%
	SWK	B	0.08%
	DVN	F	0.08%
	ROST	C	0.08%
	ARW	C	0.08%
	IQV	C	0.08%
	DTE	C	0.08%
	WEC	C	0.08%
	OGN	D	0.07%
	FAST	C	0.07%
	DVA	B	0.07%
	FNF	B	0.07%
	AEE	C	0.07%
	KSS	F	0.07%
	RSG	D	0.07%
	PKG	B	0.07%
	CINF	B	0.07%
	USFD	B	0.07%
	EVRG	B	0.07%
	AVT	C	0.07%
	MHK	C	0.07%
	X	F	0.07%
	GWW	B	0.07%
	AVB	B	0.06%
	EME	B	0.06%
	CDW	D	0.06%
	MAS	B	0.06%
	CE	F	0.06%
	CNP	C	0.06%
	TOL	B	0.06%
	HLT	B	0.06%
	HAL	F	0.06%
	WAB	B	0.06%
	SJM	C	0.06%
	WBD	D	0.06%
	EQR	B	0.06%
	CF	C	0.06%
	CMA	B	0.06%
	VFC	C	0.06%
	TRGP	B	0.06%
	AZO	D	0.06%
	TXT	D	0.06%
	WHR	D	0.06%
	R	A	0.06%
	HWM	B	0.06%
	AES	C	0.06%
	PWR	B	0.06%
	MSI	B	0.06%
	AFG	B	0.05%
	GRMN	D	0.05%
	AA	D	0.05%
	EQH	C	0.05%
	GPI	B	0.05%
	INGR	B	0.05%
	DRI	B	0.05%
	VNO	B	0.05%
	AME	C	0.05%
	SIRI	C	0.05%
	DKS	D	0.05%
	TER	D	0.05%
	SFM	B	0.05%
	BWA	D	0.05%
	CSL	B	0.05%
	ORI	B	0.05%
	AWK	B	0.05%
	ODFL	D	0.05%
	MUSA	D	0.05%
	KD	D	0.05%
	OTIS	C	0.05%
	DINO	F	0.05%
	UNM	B	0.05%
	DXC	C	0.05%
	CCL	C	0.05%
	QRVO	F	0.05%
	JBL	D	0.05%
	SWKS	D	0.05%
	AN	D	0.05%
	MAN	C	0.05%
	ZION	D	0.05%
	CPAY	B	0.05%
	L	C	0.05%
	OMF	D	0.05%
	MOH	D	0.05%
	LNG	C	0.05%
	PFGC	B	0.05%
	LAD	D	0.05%
	WSM	D	0.05%
	MGM	F	0.05%
	ROP	C	0.05%
	M	F	0.05%
	AJG	D	0.05%
	MCHP	F	0.05%
	LEA	F	0.05%
	FLEX	C	0.05%
	JEF	B	0.05%
	LNC	D	0.05%
	GPC	D	0.05%
	CASY	D	0.05%
	MOS	F	0.05%
	ZBRA	B	0.04%
	ESS	B	0.04%
	HAS	B	0.04%
	RPM	B	0.04%
	MTD	D	0.04%
	DPZ	F	0.04%
	MTH	A	0.04%
	ANET	B	0.04%
	WRB	C	0.04%
	SLM	D	0.04%
	AYI	B	0.04%
	UBER	C	0.04%
	MAA	B	0.04%
	CNO	B	0.04%
	WAT	C	0.04%
	BAH	C	0.04%
	CMG	C	0.04%
	BAP	B	0.04%
	MRVL	C	0.04%
	EL	F	0.04%
	EW	F	0.04%
	EFX	B	0.04%
	TMHC	A	0.04%
	ON	D	0.04%
	WU	F	0.04%
	THO	D	0.04%
	BLDR	C	0.04%
	SSNC	B	0.04%
	JXN	A	0.04%
	EXR	B	0.04%
	TPR	C	0.04%
	MRNA	F	0.04%
	FYBR	C	0.04%
	HST	C	0.04%
	DOX	C	0.04%
	BEN	F	0.04%
	ATO	B	0.04%
	PVH	F	0.04%
	KNX	C	0.04%
	MNST	D	0.04%
	EVR	A	0.04%
	DOC	C	0.04%
	GAP	F	0.04%
	RJF	C	0.04%
	NWSA	D	0.04%
	VMC	D	0.04%
	HSIC	C	0.04%
	MLM	D	0.04%
	BERY	B	0.04%
	HSY	C	0.04%
	VRSK	D	0.04%
	RGA	C	0.04%
	O	C	0.04%
	APTV	D	0.04%
	ACM	B	0.04%
	LNT	B	0.04%
	ALSN	B	0.04%
	FAF	B	0.04%
	IVZ	B	0.04%
	ZIM	C	0.04%
	SNA	C	0.04%
	HES	F	0.04%
	TDS	C	0.04%
	PNW	C	0.04%
	MKL	C	0.04%
	UGI	C	0.04%
	AOS	D	0.03%
	SKX	D	0.03%
	AAP	F	0.03%
	BRO	C	0.03%
	REG	C	0.03%
	CG	D	0.03%
	ITT	B	0.03%
	CPRI	D	0.03%
	MTG	B	0.03%
	IDXX	C	0.03%
	GDDY	C	0.03%
	CW	B	0.03%
	CIEN	C	0.03%
	BC	C	0.03%
	FLR	D	0.03%
	ILMN	C	0.03%
	UDR	C	0.03%
	GNTX	F	0.03%
	EWBC	D	0.03%
	CLF	F	0.03%
	SCI	B	0.03%
	SON	C	0.03%
	EG	C	0.03%
	SAIC	C	0.03%
	LPLA	D	0.03%
	FTNT	C	0.03%
	SUI	B	0.03%
	JHG	B	0.03%
	CMC	D	0.03%
	FHN	D	0.03%
	AER	B	0.03%
	SWN	D	0.03%
	BPOP	C	0.03%
	RRX	C	0.03%
	PBF	F	0.03%
	AGCO	D	0.03%
	EXPE	C	0.03%
	PCG	C	0.03%
	MSCI	C	0.03%
	NWL	C	0.03%
	VOYA	B	0.03%
	TRU	B	0.03%
	GT	F	0.03%
	FMC	C	0.03%
	KVUE	C	0.03%
	RL	C	0.03%
	INVH	C	0.03%
	CRBG	D	0.03%
	OLN	D	0.03%
	SNPS	D	0.03%
	CHKP	B	0.03%
	MLI	A	0.03%
	SLG	B	0.03%
	APA	F	0.03%
	LVS	D	0.03%
	LII	B	0.03%
	ADSK	C	0.03%
	CDNS	D	0.03%
	FFIV	B	0.03%
	GNW	B	0.03%
	TPH	C	0.03%
	APO	C	0.03%
	MTZ	B	0.03%
	KIM	C	0.03%
	OGE	C	0.03%
	WCC	D	0.03%
	ARMK	B	0.03%
	GL	C	0.03%
	NXST	D	0.03%
	KBH	A	0.03%
	SANM	D	0.03%
	RHI	D	0.03%
	DECK	C	0.03%
	PANW	D	0.03%
	CCEP	B	0.03%
	ARE	C	0.03%
	BURL	B	0.03%
	HBI	B	0.03%
	CACI	B	0.03%
	WSO	C	0.03%
	IT	B	0.03%
	BCC	B	0.03%
	UFPI	C	0.03%
	GPK	B	0.03%
	OSK	F	0.03%
	FL	D	0.03%
	HUN	D	0.03%
	LPX	B	0.03%
	AMG	C	0.03%
	EPAM	F	0.02%
	OI	D	0.02%
	WST	D	0.02%
	UNFI	C	0.02%
	CZR	C	0.02%
	MIDD	D	0.02%
	WLK	D	0.02%
	CNX	B	0.02%
	FTI	D	0.02%
	CAR	F	0.02%
	GXO	D	0.02%
	AMCR	B	0.02%
	BECN	D	0.02%
	LECO	F	0.02%
	SM	F	0.02%
	ICLR	D	0.02%
	WERN	D	0.02%
	CC	F	0.02%
	LULU	D	0.02%
	XRAY	D	0.02%
	PENN	D	0.02%
	FLO	C	0.02%
	PRGO	D	0.02%
	REZI	D	0.02%
	MKSI	F	0.02%
	SQ	D	0.02%
	DAR	F	0.02%
	CHK	D	0.02%
	TGNA	D	0.02%
	TKR	D	0.02%
	CYH	B	0.02%
	HUBG	C	0.02%
	AL	D	0.02%
	KBR	D	0.02%
	FCNCA	D	0.02%
	ACI	F	0.02%
	CRI	D	0.02%
	GNRC	D	0.02%
	TPX	C	0.02%
	POR	C	0.02%
	ASGN	D	0.02%
	JWN	C	0.02%
	GGG	C	0.02%
	ALB	D	0.02%
	NDSN	C	0.02%
	MUR	F	0.02%
	UHAL	A	0.02%
	RUSHA	C	0.02%
	ASO	C	0.02%
	NFG	B	0.02%
	PAG	D	0.02%
	XRX	D	0.02%
	BTU	D	0.02%
	NVT	D	0.02%
	POOL	C	0.02%
	NAVI	C	0.02%
	HRB	C	0.02%
	ALGN	D	0.02%
	QRTEA	F	0.02%
	WPC	C	0.02%
	ST	D	0.02%
	DCI	C	0.02%
	GLPI	C	0.02%
	MPW	C	0.02%
	SBAC	C	0.02%
	STWD	B	0.02%
	AR	F	0.02%
	NOV	F	0.02%
	POST	C	0.02%
	AXTA	B	0.02%
	ABG	D	0.02%
	ATR	B	0.02%
	LUV	C	0.02%
	BJ	D	0.02%
	JKHY	B	0.02%
	ABM	D	0.02%
	PII	D	0.02%
	MDU	C	0.02%
	CTLT	B	0.02%
	CPRT	D	0.02%
	PK	D	0.02%
	BBWI	F	0.02%
	PRI	B	0.02%
	SEIC	C	0.02%
	EXP	B	0.02%
	CPT	B	0.02%
	TDY	B	0.02%
	G	C	0.02%
	NSIT	D	0.02%
	VICI	C	0.02%
	BRX	B	0.02%
	EHC	C	0.02%
	SEE	D	0.02%
	ALV	F	0.02%
	SNV	C	0.02%
	LSTR	D	0.02%
	THG	B	0.02%
	TTWO	C	0.02%
	LAMR	B	0.02%
	HOG	C	0.02%
	SNX	D	0.02%
	HTZ	F	0.01%
	ALK	C	0.01%
	CNXC	F	0.01%
	COHR	C	0.01%
	MATX	B	0.01%
	DELL	D	0.01%
	VSH	F	0.01%
	ANDE	D	0.01%
	DBX	D	0.01%
	CRL	F	0.01%
	VRSN	D	0.01%
	MSM	D	0.01%
	ARCH	F	0.01%
	DK	F	0.01%
	JAZZ	D	0.01%
	VAC	F	0.01%
	CHE	C	0.01%
	LW	D	0.01%
	MMS	C	0.01%
	AEO	F	0.01%
	ADNT	F	0.01%
	TNL	D	0.01%
	MTN	D	0.01%
	LILAK	D	0.01%
	CTRA	D	0.01%
	BLD	D	0.01%
	LEG	D	0.01%
	DAN	F	0.01%
	ODP	F	0.01%
	SPTN	C	0.01%
	NOW	B	0.01%
	BIG	F	0.0%
	AAL	D	0.0%

FNDX Underweight 14 Positions Relative to EVUS

	Symbol	Grade	Weight
	CRH	B	-0.68%
	COR	D	-0.5%
	FERG	D	-0.42%
	COO	B	-0.35%
	FI	A	-0.32%
	FLUT	B	-0.31%
	FBIN	B	-0.27%
	LH	C	-0.21%
	FDS	C	-0.18%
	FOX	B	-0.11%
	MKTX	C	-0.11%
	AZPN	B	-0.1%
	GEN	B	-0.1%
	TWLO	D	-0.1%

FNDX: Top Represented Industries & Keywords

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

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

EVUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Drug Manufacturers - Major Packaged Foods Business Services Capital Markets Health Care Plans Semiconductors Specialty Chemicals Credit Services Diagnostics & Research Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P Software - Application Utilities - Regulated Electric Asset Management Banks - Global Banks - Regional - US Household & Personal Products Insurance - Diversified

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Insurance Computing Bank Banking Chemical Electronics Mining Beverage Electricity Medicine Telecommunications Aerospace Disability Investment Bank Building Materials Financial Products