FNDX vs. JCTR ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to JPMorgan Carbon Transition U.S. Equity ETF (JCTR)

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

$68.41

Average Daily Volume

449,199

Number of Holdings ^*

717

* may have additional holdings in another (foreign) market

JCTR

JPMorgan Carbon Transition U.S. Equity ETF

JCTR Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. The fund will invest at least 80% of its assets in securities included in index. The index is designed to capture the performance of companies which have been identified through its rules-based process as better positioned to benefit from a transition to a lower carbon economy while also providing broader U.S. market exposure.

Grade (RS Rating)

Last Trade

$72.85

Average Daily Volume

584

Number of Holdings ^*

405

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	JCTR
30 Days	3.86%	4.49%
60 Days	1.51%	-2.66%
90 Days	3.23%	1.39%
12 Months	20.88%	21.37%

294 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in JCTR	Overlap
	A	B	0.06%	0.16%	0.06%
	AAPL	C	4.54%	6.75%	4.54%
	ABBV	B	0.6%	0.46%	0.46%
	ABT	A	0.33%	0.17%	0.17%
	ACGL	B	0.05%	0.16%	0.05%
	ACM	B	0.04%	0.05%	0.04%
	ACN	A	0.33%	0.78%	0.33%
	ADBE	B	0.21%	0.83%	0.21%
	ADI	C	0.14%	0.03%	0.03%
	ADP	B	0.14%	0.45%	0.14%
	ADSK	B	0.03%	0.22%	0.03%
	AFL	B	0.22%	0.25%	0.22%
	AIG	D	0.29%	0.2%	0.2%
	AJG	A	0.05%	0.25%	0.05%
	AL	D	0.02%	0.02%	0.02%
	ALB	F	0.02%	0.03%	0.02%
	ALLE	B	0.02%	0.05%	0.02%
	ALLY	C	0.13%	0.04%	0.04%
	AMAT	F	0.26%	0.53%	0.26%
	AMD	F	0.09%	0.69%	0.09%
	AME	D	0.05%	0.15%	0.05%
	AMG	C	0.04%	0.02%	0.02%
	AMGN	C	0.48%	0.68%	0.48%
	AMZN	D	1.28%	3.06%	1.28%
	ANET	D	0.03%	0.33%	0.03%
	ANSS	D	0.02%	0.11%	0.02%
	AON	A	0.12%	0.27%	0.12%
	APO	D	0.03%	0.23%	0.03%
	AR	F	0.02%	0.03%	0.02%
	AVB	B	0.05%	0.13%	0.05%
	AVGO	D	0.65%	1.62%	0.65%
	AVY	B	0.04%	0.07%	0.04%
	AWK	A	0.05%	0.11%	0.05%
	AXP	B	0.37%	0.57%	0.37%
	AYI	C	0.04%	0.02%	0.02%
	AZO	B	0.06%	0.11%	0.06%
	BAC	D	1.25%	0.35%	0.35%
	BAH	B	0.04%	0.08%	0.04%
	BBWI	F	0.03%	0.02%	0.02%
	BKNG	C	0.2%	0.55%	0.2%
	BLK	B	0.25%	0.22%	0.22%
	BRK.A	B	2.33%	1.0%	1.0%
	BRX	A	0.02%	0.03%	0.02%
	BSX	A	0.09%	0.47%	0.09%
	BX	B	0.11%	0.39%	0.11%
	BXP	A	0.05%	0.05%	0.05%
	C	D	1.11%	0.47%	0.47%
	CARR	B	0.12%	0.23%	0.12%
	CAT	C	0.4%	0.65%	0.4%
	CB	A	0.28%	0.46%	0.28%
	CBOE	A	0.02%	0.09%	0.02%
	CBRE	B	0.12%	0.14%	0.12%
	CCI	A	0.1%	0.2%	0.1%
	CDNS	D	0.03%	0.28%	0.03%
	CDW	D	0.06%	0.12%	0.06%
	CE	F	0.06%	0.05%	0.05%
	CHD	A	0.04%	0.1%	0.04%
	CHRW	B	0.08%	0.05%	0.05%
	CI	B	0.54%	0.4%	0.4%
	CIEN	B	0.03%	0.03%	0.03%
	CL	A	0.16%	0.35%	0.16%
	CLX	A	0.04%	0.08%	0.04%
	CMCSA	C	0.76%	0.36%	0.36%
	CME	A	0.08%	0.3%	0.08%
	CMG	D	0.04%	0.29%	0.04%
	CNH	C	0.03%	0.04%	0.03%
	CNP	D	0.06%	0.07%	0.06%
	COF	C	0.4%	0.22%	0.22%
	COP	D	0.45%	0.51%	0.45%
	COST	B	0.71%	0.57%	0.57%
	CPRI	C	0.02%	0.02%	0.02%
	CPRT	D	0.02%	0.18%	0.02%
	CRM	D	0.12%	0.25%	0.12%
	CSCO	B	0.73%	0.73%	0.73%
	CSL	C	0.05%	0.07%	0.05%
	CTAS	B	0.09%	0.27%	0.09%
	CVS	F	0.67%	0.29%	0.29%
	CVX	F	1.11%	0.27%	0.27%
	DE	B	0.21%	0.39%	0.21%
	DECK	C	0.03%	0.1%	0.03%
	DFS	C	0.22%	0.14%	0.14%
	DHI	B	0.19%	0.22%	0.19%
	DHR	B	0.16%	0.24%	0.16%
	DIS	F	0.37%	0.15%	0.15%
	DOV	C	0.06%	0.1%	0.06%
	EA	C	0.08%	0.15%	0.08%
	EBAY	A	0.18%	0.12%	0.12%
	ECL	B	0.09%	0.24%	0.09%
	ED	A	0.13%	0.14%	0.13%
	EFX	B	0.04%	0.15%	0.04%
	EG	B	0.03%	0.06%	0.03%
	EIX	A	0.11%	0.13%	0.11%
	EL	F	0.04%	0.08%	0.04%
	ELV	B	0.51%	0.51%	0.51%
	EMR	D	0.15%	0.23%	0.15%
	EOG	D	0.22%	0.13%	0.13%
	EPAM	C	0.02%	0.04%	0.02%
	ES	A	0.09%	0.09%	0.09%
	ESS	B	0.03%	0.08%	0.03%
	EW	F	0.04%	0.16%	0.04%
	EXC	A	0.17%	0.15%	0.15%
	EXPD	D	0.02%	0.07%	0.02%
	EXPE	C	0.03%	0.07%	0.03%
	EXR	B	0.04%	0.15%	0.04%
	FANG	D	0.05%	0.13%	0.05%
	FE	A	0.1%	0.03%	0.03%
	FIS	A	0.13%	0.19%	0.13%
	FMC	C	0.03%	0.02%	0.02%
	FOXA	B	0.09%	0.06%	0.06%
	FSLR	C	0.02%	0.09%	0.02%
	FTNT	B	0.03%	0.19%	0.03%
	G	B	0.02%	0.03%	0.02%
	GGG	D	0.02%	0.05%	0.02%
	GILD	A	0.33%	0.4%	0.33%
	GIS	A	0.13%	0.16%	0.13%
	GNRC	C	0.02%	0.03%	0.02%
	GNTX	D	0.03%	0.03%	0.03%
	GOOGL	D	1.27%	3.12%	1.27%
	GPC	D	0.06%	0.05%	0.05%
	GPN	C	0.08%	0.11%	0.08%
	GS	C	0.59%	0.61%	0.59%
	GWW	C	0.07%	0.17%	0.07%
	HAL	F	0.06%	0.11%	0.06%
	HAS	B	0.04%	0.04%	0.04%
	HD	B	0.77%	1.03%	0.77%
	HES	F	0.05%	0.14%	0.05%
	HOLX	A	0.04%	0.08%	0.04%
	HSY	A	0.04%	0.12%	0.04%
	HUBB	C	0.03%	0.08%	0.03%
	HUN	D	0.03%	0.01%	0.01%
	IBM	A	0.57%	0.13%	0.13%
	ICE	A	0.13%	0.36%	0.13%
	IDXX	D	0.02%	0.15%	0.02%
	IEX	D	0.02%	0.06%	0.02%
	IFF	A	0.06%	0.11%	0.06%
	INTC	F	0.6%	0.04%	0.04%
	INTU	D	0.1%	0.65%	0.1%
	IPG	B	0.04%	0.05%	0.04%
	IQV	B	0.09%	0.18%	0.09%
	IR	D	0.03%	0.14%	0.03%
	ISRG	B	0.08%	0.68%	0.08%
	IT	B	0.03%	0.15%	0.03%
	ITW	C	0.14%	0.3%	0.14%
	JEF	B	0.05%	0.03%	0.03%
	JKHY	B	0.02%	0.05%	0.02%
	JLL	B	0.09%	0.04%	0.04%
	JNJ	B	0.99%	0.57%	0.57%
	KDP	A	0.08%	0.16%	0.08%
	KEYS	C	0.03%	0.1%	0.03%
	KHC	A	0.11%	0.06%	0.06%
	KIM	A	0.03%	0.06%	0.03%
	KKR	B	0.11%	0.32%	0.11%
	KLAC	D	0.1%	0.4%	0.1%
	KMX	C	0.07%	0.05%	0.05%
	LAD	C	0.06%	0.03%	0.03%
	LEN	B	0.19%	0.18%	0.18%
	LII	C	0.03%	0.07%	0.03%
	LIN	B	0.35%	0.75%	0.35%
	LLY	B	0.27%	1.94%	0.27%
	LOW	B	0.41%	0.07%	0.07%
	LPLA	D	0.03%	0.07%	0.03%
	LRCX	F	0.17%	0.05%	0.05%
	LSTR	D	0.02%	0.03%	0.02%
	LSXMK	C	0.05%	0.03%	0.03%
	LULU	F	0.02%	0.12%	0.02%
	MA	B	0.27%	1.11%	0.27%
	MAN	D	0.05%	0.01%	0.01%
	MAS	B	0.06%	0.07%	0.06%
	MCD	A	0.33%	0.74%	0.33%
	MCK	D	0.1%	0.3%	0.1%
	MCO	B	0.08%	0.3%	0.08%
	MDLZ	A	0.22%	0.38%	0.22%
	MDT	A	0.27%	0.01%	0.01%
	MET	B	0.26%	0.18%	0.18%
	META	C	1.8%	1.98%	1.8%
	MIDD	D	0.02%	0.03%	0.02%
	MKC	A	0.04%	0.08%	0.04%
	MKSI	F	0.02%	0.03%	0.02%
	MMC	A	0.15%	0.0%	0.0%
	MNST	D	0.04%	0.14%	0.04%
	MPW	C	0.02%	0.0%	0.0%
	MRK	D	0.51%	0.41%	0.41%
	MRNA	F	0.04%	0.09%	0.04%
	MRVL	D	0.03%	0.24%	0.03%
	MS	C	0.37%	0.46%	0.37%
	MSCI	B	0.03%	0.17%	0.03%
	MSFT	D	2.42%	5.85%	2.42%
	MSI	B	0.06%	0.29%	0.06%
	MTD	C	0.04%	0.13%	0.04%
	MTZ	C	0.03%	0.02%	0.02%
	MU	F	0.38%	0.07%	0.07%
	NDAQ	A	0.03%	0.1%	0.03%
	NDSN	C	0.02%	0.06%	0.02%
	NEE	A	0.27%	0.65%	0.27%
	NEM	B	0.19%	0.24%	0.19%
	NFG	B	0.02%	0.02%	0.02%
	NFLX	B	0.15%	0.87%	0.15%
	NI	A	0.04%	0.06%	0.04%
	NKE	C	0.19%	0.39%	0.19%
	NOW	B	0.01%	0.67%	0.01%
	NVDA	D	0.4%	5.36%	0.4%
	NVT	F	0.02%	0.04%	0.02%
	O	A	0.04%	0.21%	0.04%
	OKE	A	0.12%	0.21%	0.12%
	OMC	B	0.08%	0.08%	0.08%
	ORCL	A	0.4%	0.24%	0.24%
	OTIS	D	0.05%	0.15%	0.05%
	PAG	C	0.02%	0.01%	0.01%
	PANW	B	0.03%	0.43%	0.03%
	PAYX	B	0.06%	0.17%	0.06%
	PCAR	D	0.13%	0.2%	0.13%
	PCG	A	0.03%	0.17%	0.03%
	PEG	B	0.11%	0.16%	0.11%
	PEP	A	0.44%	0.8%	0.44%
	PFE	D	0.73%	0.11%	0.11%
	PG	A	0.81%	1.13%	0.81%
	PGR	A	0.25%	0.59%	0.25%
	PH	B	0.12%	0.29%	0.12%
	PHM	B	0.12%	0.11%	0.11%
	PLD	B	0.08%	0.47%	0.08%
	POOL	C	0.02%	0.05%	0.02%
	PRI	B	0.02%	0.04%	0.02%
	PRU	C	0.23%	0.17%	0.17%
	PSA	A	0.06%	0.21%	0.06%
	PYPL	B	0.19%	0.3%	0.19%
	QCOM	F	0.48%	0.22%	0.22%
	REG	A	0.02%	0.05%	0.02%
	REGN	B	0.16%	0.48%	0.16%
	RGA	B	0.04%	0.06%	0.04%
	RHI	D	0.03%	0.02%	0.02%
	RL	A	0.03%	0.03%	0.03%
	RMD	A	0.04%	0.14%	0.04%
	ROK	D	0.05%	0.12%	0.05%
	ROP	C	0.05%	0.24%	0.05%
	ROST	B	0.08%	0.07%	0.07%
	RSG	B	0.07%	0.17%	0.07%
	SBAC	A	0.02%	0.1%	0.02%
	SCHW	D	0.1%	0.38%	0.1%
	SHW	B	0.09%	0.12%	0.09%
	SKX	B	0.03%	0.04%	0.03%
	SLB	F	0.12%	0.24%	0.12%
	SLM	D	0.04%	0.02%	0.02%
	SNA	D	0.04%	0.06%	0.04%
	SNPS	D	0.03%	0.29%	0.03%
	SPG	B	0.11%	0.21%	0.11%
	SPGI	A	0.15%	0.63%	0.15%
	SQ	D	0.02%	0.14%	0.02%
	SRE	B	0.12%	0.21%	0.12%
	STWD	C	0.02%	0.02%	0.02%
	STZ	B	0.07%	0.15%	0.07%
	SYF	C	0.29%	0.08%	0.08%
	SYK	A	0.12%	0.52%	0.12%
	T	A	1.25%	0.06%	0.06%
	TDY	B	0.02%	0.08%	0.02%
	TJX	B	0.24%	0.06%	0.06%
	TMO	A	0.29%	0.25%	0.25%
	TPR	B	0.04%	0.04%	0.04%
	TRGP	A	0.06%	0.13%	0.06%
	TRMB	D	0.03%	0.05%	0.03%
	TRU	B	0.03%	0.07%	0.03%
	TRV	A	0.28%	0.21%	0.21%
	TSCO	B	0.06%	0.12%	0.06%
	TSLA	D	0.16%	1.49%	0.16%
	TT	B	0.09%	0.31%	0.09%
	TTWO	B	0.03%	0.1%	0.03%
	TXN	C	0.36%	0.16%	0.16%
	UBER	B	0.04%	0.57%	0.04%
	UDR	B	0.02%	0.06%	0.02%
	UGI	C	0.05%	0.02%	0.02%
	ULTA	D	0.03%	0.07%	0.03%
	UNH	A	1.24%	1.38%	1.24%
	UNP	B	0.4%	0.08%	0.08%
	URI	C	0.12%	0.19%	0.12%
	V	A	0.32%	1.18%	0.32%
	VFC	B	0.06%	0.03%	0.03%
	VRSK	C	0.04%	0.16%	0.04%
	VRTX	D	0.08%	0.49%	0.08%
	VZ	B	1.23%	0.14%	0.14%
	WAB	B	0.06%	0.11%	0.06%
	WAT	B	0.04%	0.08%	0.04%
	WCC	D	0.03%	0.03%	0.03%
	WFC	D	1.17%	0.21%	0.21%
	WM	D	0.15%	0.33%	0.15%
	WMB	B	0.15%	0.22%	0.15%
	WMT	A	1.43%	0.44%	0.44%
	WPC	A	0.02%	0.05%	0.02%
	WRB	B	0.04%	0.07%	0.04%
	WSM	D	0.05%	0.07%	0.05%
	WTRG	D	0.01%	0.04%	0.01%
	WU	C	0.04%	0.02%	0.02%
	XOM	C	1.99%	1.35%	1.35%
	XYL	D	0.04%	0.13%	0.04%
	YUM	B	0.08%	0.15%	0.08%
	ZBRA	C	0.04%	0.07%	0.04%

FNDX Overweight 423 Positions Relative to JCTR

	Symbol	Grade	Weight
	JPM	B	2.06%
	GOOG	D	1.11%
	GM	B	0.73%
	PM	A	0.5%
	LUMN	B	0.5%
	KO	B	0.43%
	MPC	D	0.43%
	MMM	B	0.4%
	VLO	D	0.4%
	MO	A	0.39%
	TGT	B	0.39%
	LMT	A	0.39%
	PSX	D	0.38%
	RTX	B	0.37%
	BMY	B	0.35%
	HON	D	0.34%
	DUK	A	0.33%
	FDX	D	0.33%
	CHTR	C	0.33%
	F	D	0.32%
	USB	B	0.31%
	ALL	B	0.29%
	PNC	B	0.29%
	KR	C	0.28%
	SO	A	0.27%
	CNC	D	0.26%
	SBUX	B	0.26%
	UPS	F	0.25%
	HCA	B	0.25%
	BK	B	0.25%
	GD	B	0.23%
	ADM	D	0.23%
	TMUS	B	0.23%
	TFC	B	0.23%
	HUM	D	0.22%
	HPQ	D	0.21%
	DOW	D	0.21%
	NOC	B	0.21%
	CSX	D	0.21%
	TSN	A	0.21%
	HPE	D	0.2%
	NSC	B	0.2%
	ETN	D	0.2%
	KMI	B	0.19%
	AEP	A	0.18%
	GE	C	0.18%
	DD	C	0.18%
	CTSH	B	0.18%
	NUE	F	0.18%
	D	A	0.18%
	BBY	A	0.17%
	CMI	B	0.17%
	LHX	C	0.16%
	LYB	D	0.16%
	BA	F	0.15%
	JCI	C	0.15%
	HIG	B	0.15%
	IP	B	0.15%
	GLW	C	0.14%
	AMT	A	0.14%
	FCX	D	0.14%
	WBA	F	0.14%
	BKR	D	0.14%
	FITB	B	0.13%
	WDC	D	0.13%
	VST	C	0.12%
	TROW	D	0.12%
	DG	F	0.12%
	OXY	F	0.12%
	AMP	B	0.12%
	NRG	C	0.11%
	UHS	B	0.11%
	BIIB	D	0.11%
	CFG	B	0.11%
	XEL	A	0.11%
	BG	D	0.11%
	TEL	C	0.11%
	PPL	A	0.11%
	BDX	D	0.11%
	APD	B	0.11%
	SW	D	0.11%
	KMB	A	0.11%
	STT	B	0.1%
	VTRS	C	0.1%
	MTB	B	0.1%
	STX	D	0.1%
	PARA	F	0.1%
	KEY	B	0.1%
	CEG	D	0.1%
	ETR	A	0.1%
	SYY	A	0.1%
	WELL	A	0.1%
	ORLY	B	0.1%
	CTVA	B	0.09%
	WY	C	0.09%
	ARW	B	0.09%
	APH	D	0.09%
	DVN	F	0.09%
	NTAP	D	0.09%
	STLD	D	0.09%
	TDG	B	0.08%
	MAR	D	0.08%
	LDOS	B	0.08%
	EQIX	B	0.08%
	ZTS	A	0.08%
	RS	D	0.08%
	X	F	0.08%
	NVR	B	0.08%
	RF	B	0.08%
	AVT	C	0.08%
	EMN	C	0.08%
	BAX	A	0.08%
	PFG	D	0.08%
	WEC	A	0.08%
	THC	B	0.08%
	SWK	B	0.08%
	NXPI	D	0.08%
	DTE	B	0.08%
	PPG	D	0.08%
	VTR	A	0.08%
	MRO	C	0.08%
	HWM	B	0.07%
	R	C	0.07%
	CAG	A	0.07%
	FNF	B	0.07%
	AEE	A	0.07%
	HBAN	B	0.07%
	GEHC	B	0.07%
	WTW	A	0.07%
	PKG	B	0.07%
	NTRS	B	0.07%
	KSS	F	0.07%
	WHR	D	0.07%
	EVRG	A	0.07%
	K	A	0.07%
	CINF	B	0.07%
	USFD	B	0.07%
	CAH	A	0.07%
	IRM	B	0.07%
	OGN	C	0.07%
	DGX	B	0.07%
	DLR	D	0.07%
	MHK	B	0.07%
	MCHP	D	0.06%
	TOL	B	0.06%
	OMF	D	0.06%
	EQR	B	0.06%
	SJM	A	0.06%
	J	C	0.06%
	FLEX	C	0.06%
	OC	D	0.06%
	LNC	C	0.06%
	HLT	C	0.06%
	CMA	B	0.06%
	LEA	F	0.06%
	AES	D	0.06%
	WBD	D	0.06%
	MOS	F	0.06%
	DLTR	F	0.06%
	CF	B	0.06%
	BALL	A	0.06%
	CMS	A	0.06%
	FAST	D	0.06%
	TXT	D	0.06%
	DVA	B	0.06%
	PWR	C	0.06%
	INGR	A	0.05%
	DRI	A	0.05%
	MUSA	B	0.05%
	MKL	C	0.05%
	TDS	B	0.05%
	IVZ	C	0.05%
	TAP	C	0.05%
	AA	F	0.05%
	SFM	B	0.05%
	HII	B	0.05%
	CCL	D	0.05%
	ODFL	D	0.05%
	TER	D	0.05%
	ORI	B	0.05%
	EQH	C	0.05%
	ZBH	D	0.05%
	KD	D	0.05%
	GPI	B	0.05%
	DXC	A	0.05%
	UNM	B	0.05%
	BWA	D	0.05%
	CPAY	B	0.05%
	OVV	F	0.05%
	JBL	F	0.05%
	MOH	C	0.05%
	DINO	F	0.05%
	QRVO	D	0.05%
	DKS	C	0.05%
	CASY	C	0.05%
	L	B	0.05%
	SWKS	D	0.05%
	PFGC	B	0.05%
	LNG	B	0.05%
	LKQ	D	0.05%
	MGM	F	0.05%
	ZION	C	0.05%
	AN	C	0.05%
	EME	C	0.05%
	M	F	0.05%
	JNPR	A	0.05%
	CPB	A	0.04%
	BR	C	0.04%
	BCC	C	0.04%
	AKAM	D	0.04%
	MAA	B	0.04%
	BAP	B	0.04%
	MTH	B	0.04%
	APA	F	0.04%
	DPZ	D	0.04%
	OSK	D	0.04%
	BLDR	C	0.04%
	ATO	A	0.04%
	TMHC	B	0.04%
	SSNC	B	0.04%
	CCK	A	0.04%
	HST	D	0.04%
	DOX	C	0.04%
	CNO	B	0.04%
	BEN	F	0.04%
	DOC	B	0.04%
	KNX	D	0.04%
	FL	D	0.04%
	GEV	A	0.04%
	JXN	C	0.04%
	ON	D	0.04%
	RJF	D	0.04%
	PVH	F	0.04%
	MLM	D	0.04%
	VMC	D	0.04%
	EVR	B	0.04%
	THO	C	0.04%
	FAF	A	0.04%
	LNT	A	0.04%
	HSIC	C	0.04%
	BERY	B	0.04%
	JBHT	C	0.04%
	NWSA	C	0.04%
	VNO	B	0.04%
	PNW	A	0.04%
	GRMN	B	0.04%
	ZIM	D	0.04%
	APTV	D	0.04%
	AFG	A	0.04%
	ALSN	B	0.04%
	VOYA	B	0.03%
	SAIC	B	0.03%
	SEE	D	0.03%
	ABG	D	0.03%
	NSIT	C	0.03%
	BRO	A	0.03%
	AOS	D	0.03%
	ABM	C	0.03%
	SCI	B	0.03%
	AVTR	B	0.03%
	ITT	C	0.03%
	SNV	C	0.03%
	ALV	D	0.03%
	MTG	B	0.03%
	CG	D	0.03%
	KVUE	A	0.03%
	HOG	B	0.03%
	SON	A	0.03%
	CW	B	0.03%
	NWL	A	0.03%
	ILMN	B	0.03%
	BC	D	0.03%
	SNX	D	0.03%
	SWN	F	0.03%
	GDDY	C	0.03%
	JHG	B	0.03%
	EWBC	C	0.03%
	AER	C	0.03%
	AGCO	F	0.03%
	AIZ	B	0.03%
	FLR	C	0.03%
	BPOP	B	0.03%
	PBF	F	0.03%
	INVH	B	0.03%
	CHKP	B	0.03%
	FHN	C	0.03%
	ARMK	A	0.03%
	SLG	B	0.03%
	CMC	D	0.03%
	FFIV	B	0.03%
	OLN	F	0.03%
	LVS	D	0.03%
	AAP	F	0.03%
	RRX	D	0.03%
	MLI	B	0.03%
	OGE	B	0.03%
	CRBG	C	0.03%
	STE	A	0.03%
	FYBR	A	0.03%
	TPH	B	0.03%
	CLF	F	0.03%
	ARE	D	0.03%
	GL	B	0.03%
	GNW	B	0.03%
	KBH	B	0.03%
	HBI	B	0.03%
	BURL	B	0.03%
	GT	F	0.03%
	CCEP	A	0.03%
	FTV	D	0.03%
	NXST	D	0.03%
	WSO	D	0.03%
	SANM	D	0.03%
	CACI	B	0.03%
	GPK	B	0.03%
	RPM	A	0.03%
	PNR	B	0.03%
	HRL	A	0.03%
	EQT	D	0.03%
	UFPI	D	0.03%
	SOLV	B	0.03%
	LPX	B	0.03%
	AEO	D	0.02%
	CTRA	F	0.02%
	ADNT	F	0.02%
	ODP	F	0.02%
	UNFI	A	0.02%
	LEG	D	0.02%
	WST	D	0.02%
	CNX	B	0.02%
	CZR	D	0.02%
	GXO	D	0.02%
	OI	C	0.02%
	WLK	D	0.02%
	AMCR	B	0.02%
	XRAY	D	0.02%
	DAN	F	0.02%
	CYH	A	0.02%
	FLO	A	0.02%
	WERN	D	0.02%
	CHK	F	0.02%
	PENN	F	0.02%
	ICLR	D	0.02%
	FTI	D	0.02%
	CRI	C	0.02%
	TGNA	D	0.02%
	BECN	D	0.02%
	LECO	F	0.02%
	JWN	A	0.02%
	HUBG	B	0.02%
	POR	B	0.02%
	PRGO	C	0.02%
	TKR	D	0.02%
	CAR	F	0.02%
	ASO	C	0.02%
	CC	F	0.02%
	DAL	D	0.02%
	UHAL	B	0.02%
	REZI	D	0.02%
	TPX	D	0.02%
	SM	D	0.02%
	ACI	D	0.02%
	ASGN	D	0.02%
	TTC	D	0.02%
	FCNCA	C	0.02%
	KBR	C	0.02%
	GLPI	A	0.02%
	RUSHA	C	0.02%
	ALGN	F	0.02%
	HRB	B	0.02%
	MUR	F	0.02%
	DAR	D	0.02%
	DCI	C	0.02%
	NAVI	C	0.02%
	XRX	D	0.02%
	TFX	A	0.02%
	ATR	A	0.02%
	EXP	B	0.02%
	LUV	A	0.02%
	MDU	D	0.02%
	POST	B	0.02%
	BTU	D	0.02%
	AXTA	C	0.02%
	BJ	D	0.02%
	CTLT	A	0.02%
	LAMR	B	0.02%
	ST	D	0.02%
	SEIC	D	0.02%
	VICI	A	0.02%
	THG	A	0.02%
	CPT	B	0.02%
	EHC	B	0.02%
	QRTEA	F	0.02%
	NOV	F	0.02%
	SUI	A	0.02%
	PII	D	0.02%
	PK	D	0.02%
	ALK	D	0.01%
	HTZ	F	0.01%
	CNXC	C	0.01%
	COHR	C	0.01%
	MATX	C	0.01%
	DELL	F	0.01%
	DBX	D	0.01%
	ANDE	D	0.01%
	VSH	F	0.01%
	CRL	F	0.01%
	VRSN	C	0.01%
	MSM	D	0.01%
	ARCH	F	0.01%
	DK	F	0.01%
	LW	D	0.01%
	JAZZ	D	0.01%
	CHE	C	0.01%
	VAC	F	0.01%
	TNL	D	0.01%
	MMS	C	0.01%
	MTN	C	0.01%
	LILAK	D	0.01%
	SPTN	A	0.01%
	BLD	D	0.01%
	BIG	F	0.0%
	AAL	C	0.0%

FNDX Underweight 111 Positions Relative to JCTR

	Symbol	Grade	Weight
	PLTR	B	-0.24%
	ABNB	F	-0.2%
	NU	B	-0.19%
	SPOT	C	-0.19%
	ALNY	C	-0.13%
	VEEV	A	-0.13%
	DDOG	D	-0.13%
	CSGP	C	-0.12%
	VLTO	B	-0.11%
	DXCM	F	-0.11%
	HUBS	F	-0.1%
	ARES	C	-0.1%
	TEAM	F	-0.1%
	SMCI	F	-0.09%
	NET	F	-0.09%
	TYL	A	-0.09%
	MDB	C	-0.08%
	PTC	D	-0.08%
	ENPH	D	-0.07%
	PINS	F	-0.07%
	CLH	C	-0.06%
	PSTG	F	-0.06%
	PODD	A	-0.06%
	LYV	D	-0.06%
	RBA	B	-0.06%
	OHI	A	-0.05%
	OKTA	F	-0.05%
	GWRE	A	-0.05%
	INCY	C	-0.05%
	TTEK	B	-0.05%
	AMH	A	-0.05%
	RNR	A	-0.05%
	HOOD	D	-0.05%
	NTRA	B	-0.05%
	IBKR	B	-0.05%
	TW	B	-0.05%
	FCN	C	-0.04%
	RGLD	C	-0.04%
	ONTO	D	-0.04%
	AFRM	B	-0.04%
	ELS	A	-0.04%
	MKTX	A	-0.04%
	MORN	C	-0.04%
	REXR	B	-0.04%
	DAY	C	-0.04%
	Z	B	-0.04%
	TOST	D	-0.04%
	CUBE	A	-0.04%
	FND	C	-0.04%
	VVV	D	-0.03%
	SCCO	D	-0.03%
	CGNX	D	-0.03%
	VNT	F	-0.03%
	BSY	D	-0.03%
	PLNT	A	-0.03%
	IONS	D	-0.03%
	AGNC	A	-0.03%
	SSD	D	-0.03%
	STAG	B	-0.03%
	PCTY	C	-0.03%
	ELF	F	-0.03%
	MTCH	B	-0.03%
	FRT	A	-0.03%
	ETSY	F	-0.03%
	GLOB	C	-0.03%
	XP	C	-0.03%
	FRPT	B	-0.03%
	CROX	C	-0.03%
	OLED	D	-0.03%
	TWLO	D	-0.03%
	WFRD	F	-0.03%
	CWEN	B	-0.02%
	DLB	F	-0.02%
	TPG	B	-0.02%
	AXS	B	-0.02%
	LYFT	F	-0.02%
	BHF	D	-0.02%
	MSA	D	-0.02%
	ASH	D	-0.02%
	PATH	D	-0.02%
	LSCC	F	-0.02%
	CHH	C	-0.02%
	COTY	F	-0.02%
	U	D	-0.02%
	HXL	F	-0.02%
	RGEN	C	-0.02%
	ESI	D	-0.02%
	WEX	C	-0.02%
	ZS	F	-0.02%
	SRCL	A	-0.02%
	GME	C	-0.02%
	FLS	C	-0.02%
	NFE	F	-0.01%
	AGR	B	-0.01%
	DNB	B	-0.01%
	COLM	B	-0.01%
	CERT	F	-0.01%
	ZI	F	-0.01%
	IRDM	D	-0.01%
	W	F	-0.01%
	HAYW	B	-0.01%
	YETI	D	-0.01%
	WEN	C	-0.01%
	ENOV	D	-0.01%
	SIRI	F	-0.01%
	DV	F	-0.01%
	RYN	B	-0.01%
	CFLT	F	-0.01%
	PINC	A	-0.0%
	PEGA	B	-0.0%
	SMG	C	-0.0%

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

JCTR: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Capital Markets Software - Infrastructure Specialty Retail Credit Services Diagnostics & Research Semiconductors Asset Management Biotechnology Information Technology Services Drug Manufacturers - Major Household & Personal Products Utilities - Regulated Electric Medical Devices Oil & Gas E&P REIT - Industrial REIT - Residential REIT - Retail

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Dow Jones Component Electronics Real Estate Investment Trust Telecommunications Chemical IBD 50 Mobile Devices Electricity Mining Cloud Computing Medicine Semiconductor Clothing Insurance Products Integrated Circuits