FNDX vs. FLDZ ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to RiverNorth Volition America Patriot ETF (FLDZ)

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

$24.34

Average Daily Volume

1,155,219

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

FLDZ

RiverNorth Volition America Patriot ETF

FLDZ Description

RiverNorth Volition America Patriot ETF is an exchange traded fund launched by Listed Funds Trust. The fund is co-managed by RiverNorth Capital Management, LLC, TrueMark Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. RiverNorth Volition America Patriot ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

34

Number of Holdings ^*

301

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	FLDZ
30 Days	0.41%	3.15%
60 Days	3.02%	5.36%
90 Days	5.52%	8.26%
12 Months	27.57%	29.18%

185 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in FLDZ	Overlap
	ACI	C	0.03%	0.33%	0.03%
	AEE	A	0.07%	0.34%	0.07%
	AEP	C	0.16%	0.29%	0.16%
	AFG	A	0.05%	0.2%	0.05%
	ALL	A	0.27%	0.2%	0.2%
	ALLY	C	0.1%	0.2%	0.1%
	AMP	A	0.15%	0.19%	0.15%
	AN	D	0.05%	0.35%	0.05%
	APO	A	0.03%	0.34%	0.03%
	AR	B	0.03%	0.41%	0.03%
	ARE	F	0.03%	0.19%	0.03%
	ATO	A	0.04%	0.39%	0.04%
	AVB	B	0.05%	0.24%	0.05%
	AWK	C	0.04%	0.32%	0.04%
	BAH	D	0.03%	0.37%	0.03%
	BJ	B	0.02%	0.38%	0.02%
	BLDR	D	0.06%	0.34%	0.06%
	BRX	A	0.02%	0.23%	0.02%
	BURL	A	0.03%	0.37%	0.03%
	BXP	D	0.05%	0.22%	0.05%
	CACI	C	0.03%	0.34%	0.03%
	CAH	B	0.07%	0.38%	0.07%
	CASY	A	0.05%	0.42%	0.05%
	CBOE	C	0.01%	0.2%	0.01%
	CCI	C	0.09%	0.21%	0.09%
	CEG	C	0.1%	0.43%	0.1%
	CFG	B	0.1%	0.26%	0.1%
	CHE	F	0.01%	0.39%	0.01%
	CHTR	B	0.35%	0.4%	0.35%
	CI	D	0.48%	0.33%	0.33%
	CINF	A	0.07%	0.26%	0.07%
	CMA	B	0.07%	0.24%	0.07%
	CMG	C	0.04%	0.42%	0.04%
	CMS	C	0.06%	0.33%	0.06%
	CNC	F	0.19%	0.28%	0.19%
	CNP	A	0.06%	0.32%	0.06%
	COF	B	0.48%	0.25%	0.25%
	CPB	D	0.03%	0.31%	0.03%
	CPT	C	0.02%	0.24%	0.02%
	CSX	C	0.22%	0.42%	0.22%
	CTRA	B	0.03%	0.4%	0.03%
	CVS	F	0.68%	0.38%	0.38%
	CZR	F	0.02%	0.32%	0.02%
	D	C	0.17%	0.37%	0.17%
	DFS	B	0.26%	0.24%	0.24%
	DG	F	0.08%	0.33%	0.08%
	DGX	A	0.07%	0.38%	0.07%
	DHI	D	0.16%	0.33%	0.16%
	DKS	D	0.04%	0.34%	0.04%
	DOC	D	0.03%	0.19%	0.03%
	DRI	C	0.05%	0.4%	0.05%
	DTE	C	0.07%	0.33%	0.07%
	DUK	C	0.3%	0.35%	0.3%
	DVN	F	0.09%	0.35%	0.09%
	ED	C	0.12%	0.3%	0.12%
	EIX	C	0.1%	0.31%	0.1%
	ELV	F	0.36%	0.28%	0.28%
	EME	A	0.06%	0.52%	0.06%
	EOG	A	0.23%	0.47%	0.23%
	EQH	B	0.05%	0.26%	0.05%
	EQR	C	0.05%	0.22%	0.05%
	EQT	A	0.04%	0.46%	0.04%
	ES	C	0.08%	0.31%	0.08%
	ESS	A	0.03%	0.21%	0.03%
	ETR	A	0.12%	0.39%	0.12%
	EVRG	A	0.07%	0.38%	0.07%
	EWBC	A	0.03%	0.29%	0.03%
	EXC	C	0.17%	0.34%	0.17%
	EXP	B	0.03%	0.39%	0.03%
	EXR	C	0.03%	0.21%	0.03%
	FANG	D	0.05%	0.38%	0.05%
	FCNCA	A	0.02%	0.21%	0.02%
	FE	C	0.09%	0.32%	0.09%
	FHN	A	0.03%	0.26%	0.03%
	FITB	B	0.13%	0.26%	0.13%
	FNF	A	0.06%	0.23%	0.06%
	FOXA	B	0.1%	0.46%	0.1%
	FSLR	F	0.01%	0.31%	0.01%
	FYBR	C	0.04%	0.35%	0.04%
	GL	C	0.03%	0.26%	0.03%
	GLPI	C	0.02%	0.22%	0.02%
	HBAN	B	0.08%	0.25%	0.08%
	HIG	B	0.14%	0.24%	0.14%
	HII	F	0.03%	0.27%	0.03%
	HRL	D	0.03%	0.32%	0.03%
	HST	D	0.04%	0.17%	0.04%
	HUM	D	0.19%	0.29%	0.19%
	INTU	B	0.11%	0.48%	0.11%
	INVH	D	0.03%	0.19%	0.03%
	JBHT	C	0.05%	0.38%	0.05%
	JKHY	D	0.02%	0.18%	0.02%
	JXN	C	0.04%	0.24%	0.04%
	KBH	D	0.03%	0.32%	0.03%
	KEY	B	0.1%	0.24%	0.1%
	KIM	A	0.03%	0.21%	0.03%
	KMI	A	0.23%	0.45%	0.23%
	KMX	C	0.06%	0.38%	0.06%
	KNX	B	0.04%	0.39%	0.04%
	KR	B	0.3%	0.39%	0.3%
	L	A	0.05%	0.22%	0.05%
	LAMR	D	0.02%	0.22%	0.02%
	LEN	D	0.16%	0.35%	0.16%
	LNT	A	0.04%	0.37%	0.04%
	LOW	C	0.43%	0.49%	0.43%
	LPLA	A	0.04%	0.33%	0.04%
	LSTR	D	0.03%	0.39%	0.03%
	LUV	B	0.02%	0.38%	0.02%
	MAA	A	0.03%	0.22%	0.03%
	MCK	A	0.11%	0.42%	0.11%
	MDU	D	0.02%	0.21%	0.02%
	MKL	A	0.05%	0.21%	0.05%
	MLM	B	0.04%	0.41%	0.04%
	MO	A	0.37%	0.45%	0.37%
	MOH	F	0.05%	0.32%	0.05%
	MPC	D	0.4%	0.32%	0.32%
	MRO	A	0.09%	0.35%	0.09%
	MTB	A	0.11%	0.22%	0.11%
	MTH	D	0.03%	0.3%	0.03%
	MTZ	A	0.03%	0.44%	0.03%
	MUSA	B	0.04%	0.35%	0.04%
	NEE	C	0.24%	0.33%	0.24%
	NFG	A	0.02%	0.33%	0.02%
	NI	A	0.05%	0.36%	0.05%
	NRG	B	0.1%	0.37%	0.1%
	NSC	B	0.21%	0.38%	0.21%
	NVR	D	0.08%	0.45%	0.08%
	NXST	C	0.03%	0.29%	0.03%
	ODFL	B	0.06%	0.4%	0.06%
	OGE	A	0.03%	0.37%	0.03%
	OKE	A	0.14%	0.44%	0.14%
	OMF	A	0.06%	0.2%	0.06%
	ORI	A	0.05%	0.24%	0.05%
	ORLY	B	0.11%	0.42%	0.11%
	PAYX	B	0.06%	0.43%	0.06%
	PCG	A	0.03%	0.38%	0.03%
	PEG	C	0.11%	0.39%	0.11%
	PFGC	B	0.06%	0.41%	0.06%
	PGR	B	0.23%	0.27%	0.23%
	PHM	D	0.11%	0.35%	0.11%
	PNC	B	0.3%	0.29%	0.29%
	PNW	B	0.04%	0.34%	0.04%
	PPL	A	0.11%	0.35%	0.11%
	PSA	C	0.05%	0.22%	0.05%
	REG	A	0.02%	0.21%	0.02%
	RF	A	0.09%	0.25%	0.09%
	ROST	D	0.07%	0.34%	0.07%
	RSG	A	0.06%	0.43%	0.06%
	SAIC	F	0.02%	0.34%	0.02%
	SCHW	A	0.13%	0.27%	0.13%
	SFM	A	0.05%	0.47%	0.05%
	SNV	B	0.03%	0.21%	0.03%
	SO	C	0.26%	0.37%	0.26%
	SPG	A	0.1%	0.25%	0.1%
	STZ	D	0.07%	0.33%	0.07%
	SYF	B	0.34%	0.31%	0.31%
	T	A	1.27%	0.46%	0.46%
	TFC	A	0.23%	0.28%	0.23%
	TGT	B	0.38%	0.42%	0.38%
	THC	C	0.07%	0.39%	0.07%
	THG	A	0.03%	0.16%	0.03%
	TMHC	B	0.04%	0.37%	0.04%
	TOL	B	0.06%	0.36%	0.06%
	TRGP	A	0.07%	0.51%	0.07%
	TROW	B	0.13%	0.2%	0.13%
	TSCO	D	0.06%	0.38%	0.06%
	UDR	C	0.02%	0.22%	0.02%
	UFPI	C	0.04%	0.36%	0.04%
	ULTA	F	0.03%	0.4%	0.03%
	UNH	C	1.22%	0.41%	0.41%
	USB	B	0.32%	0.3%	0.3%
	USFD	A	0.08%	0.41%	0.08%
	VICI	C	0.02%	0.23%	0.02%
	VMC	B	0.05%	0.39%	0.05%
	VNO	C	0.05%	0.22%	0.05%
	VOYA	B	0.03%	0.2%	0.03%
	VST	A	0.16%	0.51%	0.16%
	VZ	C	1.13%	0.38%	0.38%
	WEC	A	0.08%	0.36%	0.08%
	WFC	A	1.35%	0.33%	0.33%
	WM	B	0.15%	0.46%	0.15%
	WMB	A	0.17%	0.43%	0.17%
	WSM	D	0.04%	0.33%	0.04%
	WTRG	B	0.01%	0.32%	0.01%
	XEL	A	0.12%	0.36%	0.12%
	ZION	B	0.06%	0.31%	0.06%

FNDX Overweight 536 Positions Relative to FLDZ

	Symbol	Grade	Weight
	AAPL	C	4.35%
	MSFT	D	2.43%
	BRK.A	B	2.17%
	JPM	A	2.03%
	XOM	B	1.99%
	META	C	1.79%
	AMZN	B	1.56%
	WMT	A	1.47%
	GOOGL	B	1.33%
	BAC	A	1.3%
	CVX	A	1.25%
	GOOG	B	1.14%
	C	B	1.1%
	INTC	C	0.89%
	JNJ	D	0.89%
	CMCSA	B	0.83%
	CSCO	B	0.82%
	HD	A	0.8%
	GM	B	0.79%
	PG	C	0.77%
	PFE	F	0.68%
	COST	A	0.66%
	LUMN	C	0.65%
	GS	B	0.62%
	AVGO	C	0.61%
	IBM	C	0.54%
	ORCL	A	0.5%
	ABBV	F	0.49%
	PM	A	0.48%
	COP	B	0.48%
	MS	A	0.46%
	BMY	A	0.45%
	DIS	B	0.45%
	QCOM	F	0.43%
	MRK	F	0.42%
	CAT	C	0.41%
	PEP	F	0.41%
	NVDA	A	0.4%
	VLO	C	0.39%
	AMGN	D	0.39%
	MU	D	0.38%
	LMT	D	0.37%
	HON	B	0.37%
	GILD	C	0.37%
	PSX	C	0.36%
	ACN	C	0.36%
	AXP	B	0.36%
	V	A	0.36%
	KO	D	0.35%
	MMM	D	0.35%
	UNP	D	0.35%
	RTX	D	0.34%
	ABT	A	0.34%
	TXN	C	0.34%
	MCD	D	0.34%
	F	C	0.33%
	LIN	D	0.33%
	FDX	B	0.32%
	TRV	A	0.31%
	MA	B	0.29%
	TSLA	A	0.28%
	BLK	B	0.28%
	AIG	C	0.28%
	SBUX	A	0.28%
	UPS	C	0.28%
	MET	A	0.26%
	CB	C	0.26%
	BK	B	0.26%
	TMO	F	0.25%
	TMUS	B	0.25%
	AMAT	F	0.24%
	BKNG	A	0.24%
	ETN	B	0.23%
	DE	C	0.23%
	PYPL	B	0.22%
	TJX	A	0.22%
	PRU	B	0.22%
	ADM	D	0.21%
	AFL	C	0.21%
	HPQ	B	0.21%
	GD	D	0.21%
	HPE	B	0.21%
	ADBE	D	0.2%
	MDLZ	F	0.2%
	NOC	D	0.2%
	TSN	B	0.2%
	LLY	F	0.2%
	HCA	F	0.2%
	CTSH	C	0.19%
	NKE	F	0.19%
	CMI	A	0.19%
	NUE	D	0.19%
	DOW	F	0.18%
	IP	A	0.17%
	WBA	F	0.17%
	NFLX	A	0.17%
	EBAY	D	0.17%
	EMR	A	0.17%
	DD	D	0.17%
	BKR	B	0.16%
	BBY	D	0.16%
	LHX	B	0.16%
	JCI	B	0.16%
	MDT	D	0.16%
	DHR	D	0.15%
	SPGI	D	0.15%
	ADP	B	0.15%
	LRCX	F	0.15%
	ITW	B	0.15%
	PCAR	C	0.15%
	CRM	B	0.15%
	GE	D	0.15%
	LYB	F	0.14%
	FCX	F	0.14%
	MMC	D	0.14%
	GLW	B	0.14%
	CL	D	0.13%
	APD	A	0.13%
	PH	B	0.13%
	SYK	A	0.13%
	BX	A	0.13%
	ADI	D	0.13%
	AON	B	0.13%
	SRE	A	0.13%
	NEM	D	0.13%
	CBRE	B	0.13%
	FI	A	0.13%
	URI	B	0.13%
	FIS	C	0.12%
	SLB	C	0.12%
	WDC	F	0.12%
	CARR	D	0.12%
	KKR	A	0.12%
	PARA	D	0.11%
	BDX	F	0.11%
	OXY	F	0.11%
	BA	D	0.11%
	ICE	C	0.11%
	AMT	D	0.11%
	STLD	B	0.11%
	GIS	F	0.11%
	SYY	D	0.1%
	KMB	C	0.1%
	VTRS	A	0.1%
	REGN	F	0.1%
	STT	B	0.1%
	WELL	A	0.1%
	BG	D	0.1%
	GPN	C	0.09%
	SW	A	0.09%
	ISRG	A	0.09%
	STX	D	0.09%
	RS	B	0.09%
	BIIB	F	0.09%
	EA	A	0.09%
	CTVA	C	0.09%
	PFG	C	0.09%
	BSX	A	0.09%
	MAR	B	0.09%
	APH	B	0.09%
	WY	D	0.09%
	LH	B	0.09%
	AMD	F	0.09%
	GEHC	D	0.09%
	KHC	F	0.09%
	ARW	F	0.08%
	EMN	D	0.08%
	NTRS	A	0.08%
	CHRW	B	0.08%
	VTR	B	0.08%
	YUM	D	0.08%
	WHR	B	0.08%
	OMC	C	0.08%
	KLAC	F	0.08%
	CME	A	0.08%
	UHS	D	0.08%
	GWW	B	0.08%
	PPG	F	0.08%
	WKC	D	0.08%
	DLR	A	0.08%
	EQIX	A	0.08%
	CTAS	B	0.08%
	ECL	D	0.08%
	JLL	D	0.08%
	WBD	B	0.08%
	SHW	C	0.08%
	K	B	0.07%
	BAX	F	0.07%
	IQV	F	0.07%
	OC	A	0.07%
	VFC	C	0.07%
	MSI	B	0.07%
	HWM	A	0.07%
	SWK	F	0.07%
	CF	A	0.07%
	WTW	B	0.07%
	MCO	D	0.07%
	NTAP	C	0.07%
	PWR	A	0.07%
	R	B	0.07%
	PLD	D	0.07%
	KDP	D	0.07%
	X	C	0.07%
	LAD	B	0.07%
	ZTS	D	0.07%
	PKG	B	0.07%
	AVT	C	0.07%
	LDOS	C	0.07%
	VRTX	D	0.07%
	FAST	B	0.07%
	SNA	B	0.06%
	OVV	C	0.06%
	HES	B	0.06%
	M	D	0.06%
	MGM	D	0.06%
	DVA	C	0.06%
	CPAY	A	0.06%
	CAG	F	0.06%
	JEF	A	0.06%
	TXT	D	0.06%
	ROK	B	0.06%
	BALL	D	0.06%
	UNM	A	0.06%
	AZO	C	0.06%
	AA	A	0.06%
	MHK	D	0.06%
	LNG	A	0.06%
	CCL	A	0.06%
	FLEX	B	0.06%
	JBL	C	0.06%
	IRM	C	0.06%
	HLT	A	0.06%
	TT	A	0.06%
	HAL	C	0.06%
	WAB	B	0.06%
	DOV	B	0.06%
	TDG	D	0.06%
	KSS	F	0.06%
	MOS	D	0.06%
	ACM	B	0.05%
	MNST	C	0.05%
	INGR	B	0.05%
	ZBH	C	0.05%
	CSL	C	0.05%
	NXPI	F	0.05%
	DLTR	F	0.05%
	MCHP	F	0.05%
	IVZ	C	0.05%
	IFF	D	0.05%
	JNPR	D	0.05%
	AES	F	0.05%
	AJG	B	0.05%
	GPC	F	0.05%
	OTIS	C	0.05%
	KD	A	0.05%
	DXC	D	0.05%
	ALSN	B	0.05%
	LEA	F	0.05%
	TDS	B	0.05%
	GPI	B	0.05%
	DINO	D	0.05%
	BWA	D	0.05%
	ROP	C	0.05%
	MAS	D	0.05%
	J	D	0.05%
	TPR	B	0.05%
	AME	A	0.05%
	RJF	A	0.05%
	LKQ	F	0.05%
	SJM	D	0.05%
	BFH	B	0.05%
	LNC	B	0.05%
	KVUE	A	0.05%
	A	F	0.05%
	TAP	B	0.05%
	ANET	C	0.04%
	O	C	0.04%
	FBIN	F	0.04%
	UBER	F	0.04%
	LPX	B	0.04%
	BCC	C	0.04%
	GAP	D	0.04%
	EXPE	B	0.04%
	SSNC	C	0.04%
	TER	F	0.04%
	OSK	C	0.04%
	AVY	D	0.04%
	AMG	C	0.04%
	IPG	F	0.04%
	KEYS	C	0.04%
	ZIM	A	0.04%
	LVS	B	0.04%
	PNR	B	0.04%
	RPM	B	0.04%
	HSY	F	0.04%
	CNO	B	0.04%
	ON	F	0.04%
	CLX	A	0.04%
	DOX	D	0.04%
	CRBG	B	0.04%
	EXPD	D	0.04%
	SLM	B	0.04%
	CCK	D	0.04%
	WAT	C	0.04%
	ZBRA	B	0.04%
	GT	C	0.04%
	RGA	B	0.04%
	SWKS	F	0.04%
	HOLX	D	0.04%
	RHI	C	0.04%
	HSIC	C	0.04%
	CHD	A	0.04%
	EW	C	0.04%
	GEN	B	0.04%
	FAF	C	0.04%
	BERY	D	0.04%
	PVH	C	0.04%
	NWSA	B	0.04%
	BEN	C	0.04%
	AYI	B	0.04%
	WCC	B	0.04%
	THO	C	0.04%
	VRSK	B	0.04%
	EVR	B	0.04%
	OGN	F	0.04%
	MAN	F	0.04%
	GEV	A	0.04%
	MRVL	B	0.04%
	UGI	C	0.04%
	CDW	F	0.04%
	DELL	B	0.03%
	SEE	D	0.03%
	PRI	A	0.03%
	FMC	D	0.03%
	SCI	A	0.03%
	IEX	B	0.03%
	MRNA	F	0.03%
	ACGL	D	0.03%
	TDY	B	0.03%
	CPRT	B	0.03%
	GNTX	F	0.03%
	AAP	D	0.03%
	TRU	D	0.03%
	BTU	C	0.03%
	SQ	A	0.03%
	ITT	A	0.03%
	RVTY	D	0.03%
	BBWI	C	0.03%
	ILMN	C	0.03%
	CW	B	0.03%
	TPH	D	0.03%
	LII	A	0.03%
	G	B	0.03%
	GDDY	A	0.03%
	FLR	B	0.03%
	SNX	D	0.03%
	BC	D	0.03%
	STE	D	0.03%
	ABG	B	0.03%
	ALB	B	0.03%
	SEIC	B	0.03%
	MSCI	B	0.03%
	TTWO	A	0.03%
	QRVO	F	0.03%
	MTD	F	0.03%
	AMCR	D	0.03%
	ARMK	C	0.03%
	AIZ	A	0.03%
	EFX	F	0.03%
	DAL	A	0.03%
	CAR	C	0.03%
	GPK	D	0.03%
	HAS	D	0.03%
	AKAM	F	0.03%
	FL	F	0.03%
	RRX	B	0.03%
	RL	C	0.03%
	AGCO	F	0.03%
	APA	F	0.03%
	JHG	B	0.03%
	CLF	F	0.03%
	XYL	D	0.03%
	SNPS	C	0.03%
	NDAQ	A	0.03%
	WU	F	0.03%
	TRMB	B	0.03%
	CIEN	B	0.03%
	GNW	A	0.03%
	GRMN	B	0.03%
	FFIV	B	0.03%
	CG	B	0.03%
	HUN	F	0.03%
	EL	F	0.03%
	CMC	B	0.03%
	OLN	F	0.03%
	IT	C	0.03%
	DECK	A	0.03%
	PANW	B	0.03%
	DPZ	C	0.03%
	FTV	D	0.03%
	CE	F	0.03%
	WSO	A	0.03%
	RMD	C	0.03%
	IR	B	0.03%
	CDNS	B	0.03%
	PBF	D	0.03%
	WRB	B	0.03%
	ADSK	B	0.03%
	MKC	D	0.03%
	SANM	B	0.03%
	FTNT	B	0.03%
	NWL	B	0.03%
	HBI	B	0.03%
	MLI	B	0.03%
	HUBB	B	0.03%
	BR	B	0.03%
	WLK	F	0.02%
	MTN	C	0.02%
	ODP	F	0.02%
	EG	D	0.02%
	COHR	B	0.02%
	ALV	C	0.02%
	ALK	A	0.02%
	ADNT	F	0.02%
	FLO	D	0.02%
	MPW	F	0.02%
	MATX	B	0.02%
	LEG	F	0.02%
	BPOP	C	0.02%
	CHKP	D	0.02%
	TFX	F	0.02%
	ARCH	B	0.02%
	TKR	F	0.02%
	MIDD	D	0.02%
	AER	B	0.02%
	NSIT	F	0.02%
	KBR	F	0.02%
	POR	C	0.02%
	MKSI	C	0.02%
	VAC	C	0.02%
	TTC	F	0.02%
	UHAL	D	0.02%
	XRX	F	0.02%
	WPC	C	0.02%
	ASO	F	0.02%
	WERN	B	0.02%
	LW	C	0.02%
	OI	D	0.02%
	POST	C	0.02%
	ANSS	B	0.02%
	ASGN	F	0.02%
	SBAC	D	0.02%
	NAVI	F	0.02%
	SM	C	0.02%
	NDSN	D	0.02%
	WST	D	0.02%
	CCEP	D	0.02%
	LECO	C	0.02%
	ST	F	0.02%
	AL	B	0.02%
	MUR	F	0.02%
	TPX	B	0.02%
	PII	F	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	D	0.02%
	PENN	C	0.02%
	IDXX	F	0.02%
	HOG	F	0.02%
	APTV	F	0.02%
	POOL	D	0.02%
	ALGN	D	0.02%
	NOV	D	0.02%
	DCI	B	0.02%
	NVT	C	0.02%
	AVTR	F	0.02%
	AOS	F	0.02%
	BECN	B	0.02%
	SKX	F	0.02%
	CC	D	0.02%
	CNH	C	0.02%
	SUI	C	0.02%
	PK	D	0.02%
	MTG	D	0.02%
	ABM	B	0.02%
	DAR	B	0.02%
	ATR	B	0.02%
	EHC	B	0.02%
	RUSHA	B	0.02%
	REZI	A	0.02%
	BRO	B	0.02%
	GNRC	B	0.02%
	COR	B	0.02%
	TGNA	B	0.02%
	BAP	A	0.02%
	SON	F	0.02%
	AXTA	B	0.02%
	SOLV	F	0.02%
	VSH	F	0.01%
	ANDE	F	0.01%
	LILAK	F	0.01%
	CNXC	F	0.01%
	CRL	D	0.01%
	VRSN	F	0.01%
	DBX	C	0.01%
	ICLR	F	0.01%
	MSM	D	0.01%
	SPTN	F	0.01%
	MMS	D	0.01%
	AEO	F	0.01%
	CYH	F	0.01%
	JAZZ	C	0.01%
	BLD	F	0.01%
	NOW	B	0.01%
	TNL	B	0.01%
	PRGO	C	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	D	0.01%
	DK	D	0.01%
	HTZ	C	0.01%
	DAN	F	0.01%
	LULU	C	0.01%
	UNFI	B	0.01%
	CRI	F	0.01%
	CNX	A	0.01%
	CPRI	F	0.01%

FNDX Underweight 116 Positions Relative to FLDZ

	Symbol	Grade	Weight
	CVNA	A	-0.67%
	TOST	A	-0.56%
	BILL	B	-0.54%
	AAON	B	-0.52%
	LBRDK	C	-0.52%
	DTM	A	-0.48%
	SUM	B	-0.46%
	PAYC	B	-0.46%
	NTRA	A	-0.45%
	FIX	A	-0.45%
	TTD	B	-0.44%
	PLNT	A	-0.43%
	HQY	A	-0.43%
	MTDR	C	-0.43%
	Z	A	-0.43%
	PCTY	B	-0.43%
	ET	A	-0.42%
	SIRI	D	-0.42%
	INCY	C	-0.42%
	RRC	B	-0.41%
	EPD	A	-0.41%
	TXRH	B	-0.41%
	ITCI	B	-0.41%
	BYD	B	-0.4%
	CQP	B	-0.4%
	ENSG	D	-0.4%
	PR	B	-0.4%
	COKE	C	-0.39%
	SOFI	A	-0.38%
	NBIX	C	-0.38%
	AZEK	B	-0.38%
	MPLX	A	-0.38%
	TREX	D	-0.38%
	ADTN	A	-0.38%
	RCM	A	-0.37%
	CNM	C	-0.37%
	ROKU	D	-0.37%
	ENLC	A	-0.37%
	NYT	D	-0.37%
	SAIA	C	-0.37%
	KEX	B	-0.36%
	DKNG	B	-0.36%
	SITE	D	-0.36%
	CHRD	F	-0.36%
	AM	A	-0.36%
	AGR	A	-0.35%
	CWST	A	-0.34%
	IBP	F	-0.34%
	FND	F	-0.34%
	CHDN	C	-0.34%
	WING	D	-0.33%
	CRVL	A	-0.33%
	IDA	A	-0.32%
	WES	C	-0.32%
	OLLI	D	-0.32%
	CIVI	D	-0.31%
	SRPT	F	-0.31%
	SWX	A	-0.31%
	DY	C	-0.31%
	AFRM	A	-0.3%
	PNFP	B	-0.3%
	INSP	F	-0.3%
	CBSH	A	-0.3%
	LNTH	F	-0.3%
	SUN	B	-0.3%
	REYN	D	-0.3%
	CELH	F	-0.29%
	IONS	F	-0.29%
	HOOD	A	-0.29%
	CFR	B	-0.29%
	OWL	A	-0.28%
	WBS	A	-0.28%
	VVV	D	-0.28%
	WTFC	B	-0.27%
	RIVN	F	-0.27%
	BOKF	B	-0.24%
	ARES	A	-0.24%
	RHP	B	-0.24%
	FRT	B	-0.24%
	RLI	A	-0.24%
	PB	A	-0.23%
	CADE	B	-0.23%
	ADC	A	-0.23%
	TPL	A	-0.23%
	WAL	B	-0.22%
	SSB	B	-0.22%
	FR	C	-0.22%
	OPCH	F	-0.21%
	COLB	B	-0.2%
	ELS	B	-0.2%
	STAG	D	-0.2%
	ONB	B	-0.2%
	NNN	C	-0.19%
	TRNO	D	-0.19%
	AMH	C	-0.19%
	LCID	F	-0.19%
	ZETA	D	-0.19%
	AGNC	C	-0.18%
	EGP	D	-0.18%
	FFIN	B	-0.18%
	FNB	B	-0.18%
	CUBE	C	-0.18%
	COOP	B	-0.17%
	SIGI	B	-0.17%
	REXR	F	-0.17%
	HOMB	A	-0.17%
	APPF	C	-0.16%
	KNSL	B	-0.16%
	FG	B	-0.16%
	ACT	D	-0.15%
	RDN	D	-0.15%
	KRG	A	-0.15%
	EPRT	A	-0.15%
	ERIE	F	-0.14%
	CACC	F	-0.14%
	PFSI	C	-0.13%

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

FLDZ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Oil & Gas E&P Insurance - Property & Casualty Oil & Gas Midstream REIT - Residential Building Materials REIT - Industrial REIT - Retail Residential Construction Specialty Retail Asset Management Health Care Plans Software - Application Credit Services Biotechnology REIT - Diversified Utilities - Diversified Discount Stores Engineering & Construction

Keywords: S&P 500 Natural Gas Bank Electricity Real Estate Investment Trust Banking Insurance Commercial Banking Nasdaq 100 Deposit Products Financial Products Natural Gas Liquids Natural Gas Storage Petroleum Industry Retailing Building Materials Cash Management Cash Management Services Crude Oil Gas Transmission