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

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* 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

$81.11

Average Daily Volume

149

Number of Holdings ^*

428

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	JCTR
30 Days	3.67%	4.02%
60 Days	4.58%	5.04%
90 Days	6.53%	6.88%
12 Months	29.67%	32.99%

319 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in JCTR	Overlap
	A	D	0.05%	0.14%	0.05%
	AAPL	C	4.35%	6.45%	4.35%
	ABBV	D	0.49%	0.4%	0.4%
	ABT	B	0.34%	0.19%	0.19%
	ACGL	D	0.03%	0.12%	0.03%
	ACI	C	0.03%	0.03%	0.03%
	ACM	A	0.05%	0.05%	0.05%
	ACN	C	0.36%	0.71%	0.36%
	ADBE	C	0.2%	0.69%	0.2%
	ADI	D	0.13%	0.03%	0.03%
	ADM	D	0.21%	0.08%	0.08%
	ADP	B	0.15%	0.47%	0.15%
	ADSK	A	0.03%	0.25%	0.03%
	AFL	B	0.21%	0.23%	0.21%
	AIG	B	0.28%	0.17%	0.17%
	AJG	B	0.05%	0.24%	0.05%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.03%	0.05%	0.03%
	ALLE	D	0.01%	0.04%	0.01%
	ALLY	C	0.1%	0.04%	0.04%
	AMAT	F	0.24%	0.5%	0.24%
	AMD	F	0.09%	0.66%	0.09%
	AME	A	0.05%	0.17%	0.05%
	AMG	B	0.04%	0.02%	0.02%
	AMGN	D	0.39%	0.55%	0.39%
	AMT	D	0.11%	0.02%	0.02%
	AMZN	C	1.56%	3.43%	1.56%
	ANET	C	0.04%	0.37%	0.04%
	ANSS	B	0.02%	0.11%	0.02%
	AON	A	0.13%	0.28%	0.13%
	APO	B	0.03%	0.29%	0.03%
	AR	B	0.03%	0.07%	0.03%
	AVB	B	0.05%	0.12%	0.05%
	AVGO	D	0.61%	1.69%	0.61%
	AVY	D	0.04%	0.06%	0.04%
	AWK	D	0.04%	0.19%	0.04%
	AXP	A	0.36%	0.6%	0.36%
	AYI	B	0.04%	0.04%	0.04%
	AZO	C	0.06%	0.12%	0.06%
	BAC	A	1.3%	0.41%	0.41%
	BAH	F	0.03%	0.07%	0.03%
	BBWI	D	0.03%	0.03%	0.03%
	BG	F	0.1%	0.04%	0.04%
	BKNG	A	0.24%	0.68%	0.24%
	BLK	C	0.28%	0.22%	0.22%
	BRK.A	B	2.17%	0.95%	0.95%
	BRX	A	0.02%	0.02%	0.02%
	BSX	B	0.09%	0.48%	0.09%
	BX	A	0.13%	0.43%	0.13%
	BXP	D	0.05%	0.04%	0.04%
	C	A	1.1%	0.49%	0.49%
	CAG	D	0.06%	0.04%	0.04%
	CARR	D	0.12%	0.21%	0.12%
	CASY	A	0.05%	0.05%	0.05%
	CAT	B	0.41%	0.68%	0.41%
	CB	C	0.26%	0.43%	0.26%
	CBOE	B	0.01%	0.08%	0.01%
	CBRE	B	0.13%	0.15%	0.13%
	CCI	D	0.09%	0.15%	0.09%
	CDNS	B	0.03%	0.3%	0.03%
	CDW	F	0.04%	0.09%	0.04%
	CE	F	0.03%	0.03%	0.03%
	CHD	B	0.04%	0.1%	0.04%
	CHRW	C	0.08%	0.04%	0.04%
	CI	F	0.48%	0.31%	0.31%
	CIEN	B	0.03%	0.03%	0.03%
	CLX	B	0.04%	0.08%	0.04%
	CMCSA	B	0.83%	0.34%	0.34%
	CME	A	0.08%	0.3%	0.08%
	CMG	B	0.04%	0.31%	0.04%
	CMI	A	0.19%	0.11%	0.11%
	CNH	C	0.02%	0.03%	0.02%
	CNP	B	0.06%	0.06%	0.06%
	COF	B	0.48%	0.26%	0.26%
	COP	C	0.48%	0.74%	0.48%
	COR	B	0.02%	0.15%	0.02%
	COST	B	0.66%	0.56%	0.56%
	CPB	D	0.03%	0.03%	0.03%
	CPRI	F	0.01%	0.01%	0.01%
	CPRT	A	0.03%	0.17%	0.03%
	CRM	B	0.15%	0.33%	0.15%
	CSCO	B	0.82%	0.77%	0.77%
	CSL	C	0.05%	0.07%	0.05%
	CTAS	B	0.08%	0.28%	0.08%
	CVS	D	0.68%	0.26%	0.26%
	CVX	A	1.25%	0.27%	0.27%
	DE	A	0.23%	0.34%	0.23%
	DECK	A	0.03%	0.1%	0.03%
	DFS	B	0.26%	0.16%	0.16%
	DHI	D	0.16%	0.18%	0.16%
	DHR	F	0.15%	0.2%	0.15%
	DIS	B	0.45%	0.17%	0.17%
	DLR	B	0.08%	0.02%	0.02%
	DOV	A	0.06%	0.1%	0.06%
	DUK	C	0.3%	0.02%	0.02%
	EA	A	0.09%	0.16%	0.09%
	EBAY	D	0.17%	0.11%	0.11%
	ECL	D	0.08%	0.23%	0.08%
	ED	D	0.12%	0.12%	0.12%
	EFX	F	0.03%	0.12%	0.03%
	EG	C	0.02%	0.05%	0.02%
	EIX	B	0.1%	0.13%	0.1%
	EL	F	0.03%	0.05%	0.03%
	ELV	F	0.36%	0.32%	0.32%
	EMR	A	0.17%	0.28%	0.17%
	EOG	A	0.23%	0.13%	0.13%
	EPAM	C	0.02%	0.06%	0.02%
	ES	D	0.08%	0.16%	0.08%
	ESS	B	0.03%	0.07%	0.03%
	EW	C	0.04%	0.15%	0.04%
	EXC	C	0.17%	0.14%	0.14%
	EXPD	D	0.04%	0.06%	0.04%
	EXPE	B	0.04%	0.08%	0.04%
	EXR	D	0.03%	0.13%	0.03%
	FANG	D	0.05%	0.24%	0.05%
	FE	C	0.09%	0.03%	0.03%
	FI	A	0.13%	0.45%	0.13%
	FIS	C	0.12%	0.19%	0.12%
	FLO	D	0.02%	0.02%	0.02%
	FMC	D	0.03%	0.03%	0.03%
	FOXA	B	0.1%	0.06%	0.06%
	FSLR	F	0.01%	0.15%	0.01%
	FTNT	C	0.03%	0.22%	0.03%
	G	B	0.03%	0.03%	0.03%
	GEN	B	0.04%	0.06%	0.04%
	GGG	B	0.02%	0.05%	0.02%
	GILD	C	0.37%	0.43%	0.37%
	GIS	D	0.11%	0.13%	0.11%
	GNRC	B	0.02%	0.05%	0.02%
	GNTX	C	0.03%	0.01%	0.01%
	GOOGL	C	1.33%	3.03%	1.33%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.09%	0.11%	0.09%
	GS	A	0.62%	0.68%	0.62%
	GWW	B	0.08%	0.19%	0.08%
	HAL	C	0.06%	0.19%	0.06%
	HAS	D	0.03%	0.04%	0.03%
	HD	A	0.8%	1.05%	0.8%
	HES	B	0.06%	0.03%	0.03%
	HIG	B	0.14%	0.1%	0.1%
	HLT	A	0.06%	0.15%	0.06%
	HOLX	D	0.04%	0.07%	0.04%
	HSY	F	0.04%	0.1%	0.04%
	HUBB	B	0.03%	0.09%	0.03%
	HUN	F	0.03%	0.02%	0.02%
	IBM	C	0.54%	0.54%	0.54%
	ICE	C	0.11%	0.33%	0.11%
	IDXX	F	0.02%	0.13%	0.02%
	IEX	B	0.03%	0.07%	0.03%
	IFF	D	0.05%	0.09%	0.05%
	INGR	B	0.05%	0.03%	0.03%
	INTC	D	0.89%	0.04%	0.04%
	INTU	C	0.11%	0.66%	0.11%
	IPG	D	0.04%	0.04%	0.04%
	IQV	D	0.07%	0.14%	0.07%
	IR	B	0.03%	0.15%	0.03%
	ISRG	A	0.09%	0.67%	0.09%
	IT	C	0.03%	0.15%	0.03%
	ITW	B	0.15%	0.3%	0.15%
	JEF	A	0.06%	0.05%	0.05%
	JKHY	D	0.02%	0.04%	0.02%
	JLL	D	0.08%	0.04%	0.04%
	JNJ	D	0.89%	0.68%	0.68%
	K	A	0.07%	0.07%	0.07%
	KDP	D	0.07%	0.13%	0.07%
	KEYS	A	0.04%	0.1%	0.04%
	KHC	F	0.09%	0.09%	0.09%
	KIM	A	0.03%	0.06%	0.03%
	KKR	A	0.12%	0.34%	0.12%
	KLAC	D	0.08%	0.32%	0.08%
	KMB	D	0.1%	0.14%	0.1%
	KMX	B	0.06%	0.04%	0.04%
	KR	B	0.3%	0.13%	0.13%
	LAD	A	0.07%	0.04%	0.04%
	LEN	D	0.16%	0.16%	0.16%
	LII	A	0.03%	0.07%	0.03%
	LIN	D	0.33%	0.67%	0.33%
	LLY	F	0.2%	1.42%	0.2%
	LOW	D	0.43%	0.09%	0.09%
	LPLA	A	0.04%	0.08%	0.04%
	LRCX	F	0.15%	0.06%	0.06%
	LSTR	D	0.03%	0.02%	0.02%
	LULU	C	0.01%	0.15%	0.01%
	LW	C	0.02%	0.04%	0.02%
	MA	C	0.29%	1.14%	0.29%
	MAN	D	0.04%	0.01%	0.01%
	MAR	B	0.09%	0.19%	0.09%
	MAS	D	0.05%	0.07%	0.05%
	MCD	D	0.34%	0.69%	0.34%
	MCK	B	0.11%	0.3%	0.11%
	MCO	B	0.07%	0.29%	0.07%
	MDT	D	0.16%	0.03%	0.03%
	MET	A	0.26%	0.18%	0.18%
	META	D	1.79%	1.96%	1.79%
	MIDD	C	0.02%	0.02%	0.02%
	MKC	D	0.03%	0.07%	0.03%
	MKSI	C	0.02%	0.02%	0.02%
	MMC	B	0.14%	0.02%	0.02%
	MNST	C	0.05%	0.15%	0.05%
	MPW	F	0.02%	0.0%	0.0%
	MRK	F	0.42%	0.32%	0.32%
	MRNA	F	0.03%	0.05%	0.03%
	MRVL	B	0.04%	0.29%	0.04%
	MS	A	0.46%	0.57%	0.46%
	MSCI	C	0.03%	0.17%	0.03%
	MSFT	F	2.43%	5.71%	2.43%
	MSI	B	0.07%	0.3%	0.07%
	MTD	D	0.03%	0.11%	0.03%
	MTZ	B	0.03%	0.04%	0.03%
	MU	D	0.38%	0.08%	0.08%
	NDAQ	A	0.03%	0.11%	0.03%
	NDSN	B	0.02%	0.05%	0.02%
	NEE	D	0.24%	0.55%	0.24%
	NEM	D	0.13%	0.16%	0.13%
	NFG	A	0.02%	0.02%	0.02%
	NFLX	A	0.17%	1.01%	0.17%
	NI	A	0.05%	0.06%	0.05%
	NKE	D	0.19%	0.34%	0.19%
	NOW	A	0.01%	0.74%	0.01%
	NVDA	C	0.4%	6.75%	0.4%
	NVT	B	0.02%	0.04%	0.02%
	O	D	0.04%	0.18%	0.04%
	OKE	A	0.14%	0.46%	0.14%
	OMC	C	0.08%	0.08%	0.08%
	ORCL	B	0.5%	0.33%	0.33%
	OTIS	C	0.05%	0.15%	0.05%
	PAG	B	0.02%	0.02%	0.02%
	PANW	C	0.03%	0.45%	0.03%
	PAYX	C	0.06%	0.17%	0.06%
	PCAR	B	0.15%	0.22%	0.15%
	PEG	A	0.11%	0.16%	0.11%
	PFE	D	0.68%	0.11%	0.11%
	PFGC	B	0.06%	0.04%	0.04%
	PGR	A	0.23%	0.56%	0.23%
	PH	A	0.13%	0.34%	0.13%
	PHM	D	0.11%	0.1%	0.1%
	PLD	D	0.07%	0.39%	0.07%
	POOL	C	0.02%	0.05%	0.02%
	POST	C	0.02%	0.02%	0.02%
	PRI	A	0.03%	0.04%	0.03%
	PRU	A	0.22%	0.17%	0.17%
	PSA	D	0.05%	0.2%	0.05%
	PYPL	B	0.22%	0.33%	0.22%
	QCOM	F	0.43%	0.2%	0.2%
	REG	B	0.02%	0.05%	0.02%
	REGN	F	0.1%	0.3%	0.1%
	RGA	A	0.04%	0.06%	0.04%
	RHI	B	0.04%	0.03%	0.03%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.03%	0.13%	0.03%
	ROK	B	0.06%	0.13%	0.06%
	ROP	B	0.05%	0.22%	0.05%
	ROST	C	0.07%	0.06%	0.06%
	RSG	A	0.06%	0.16%	0.06%
	SBAC	D	0.02%	0.09%	0.02%
	SBUX	A	0.28%	0.02%	0.02%
	SCHW	B	0.13%	0.44%	0.13%
	SHW	A	0.08%	0.12%	0.08%
	SJM	D	0.05%	0.04%	0.04%
	SKX	D	0.02%	0.02%	0.02%
	SLB	C	0.12%	0.45%	0.12%
	SLM	A	0.04%	0.02%	0.02%
	SNA	A	0.06%	0.07%	0.06%
	SNPS	B	0.03%	0.31%	0.03%
	SPG	B	0.1%	0.21%	0.1%
	SPGI	C	0.15%	0.56%	0.15%
	SQ	B	0.03%	0.17%	0.03%
	SRE	A	0.13%	0.19%	0.13%
	STWD	C	0.02%	0.02%	0.02%
	STZ	D	0.07%	0.13%	0.07%
	SYF	B	0.34%	0.1%	0.1%
	SYK	C	0.13%	0.51%	0.13%
	SYY	B	0.1%	0.12%	0.1%
	T	A	1.27%	0.16%	0.16%
	TAP	C	0.05%	0.03%	0.03%
	TDY	B	0.03%	0.08%	0.03%
	TJX	A	0.22%	0.05%	0.05%
	TMO	F	0.25%	0.22%	0.22%
	TPR	B	0.05%	0.04%	0.04%
	TRGP	B	0.07%	0.31%	0.07%
	TRMB	B	0.03%	0.06%	0.03%
	TRU	D	0.03%	0.07%	0.03%
	TRV	B	0.31%	0.22%	0.22%
	TSCO	D	0.06%	0.11%	0.06%
	TSLA	B	0.28%	1.98%	0.28%
	TSN	B	0.2%	0.06%	0.06%
	TT	A	0.06%	0.31%	0.06%
	TTWO	A	0.03%	0.11%	0.03%
	TXN	C	0.34%	0.16%	0.16%
	UBER	D	0.04%	0.49%	0.04%
	UDR	B	0.02%	0.05%	0.02%
	UGI	A	0.04%	0.02%	0.02%
	ULTA	F	0.03%	0.07%	0.03%
	UNH	C	1.22%	1.16%	1.16%
	UNP	C	0.35%	0.09%	0.09%
	URI	B	0.13%	0.21%	0.13%
	USFD	A	0.08%	0.05%	0.05%
	V	A	0.36%	1.21%	0.36%
	VFC	C	0.07%	0.03%	0.03%
	VRSK	A	0.04%	0.3%	0.04%
	VRTX	F	0.07%	0.46%	0.07%
	VZ	C	1.13%	0.15%	0.15%
	WAB	B	0.06%	0.13%	0.06%
	WAT	B	0.04%	0.08%	0.04%
	WBA	F	0.17%	0.02%	0.02%
	WCC	B	0.04%	0.03%	0.03%
	WFC	A	1.35%	0.25%	0.25%
	WHR	B	0.08%	0.02%	0.02%
	WM	A	0.15%	0.33%	0.15%
	WMB	A	0.17%	0.49%	0.17%
	WMT	A	1.47%	0.48%	0.48%
	WPC	D	0.02%	0.04%	0.02%
	WRB	A	0.03%	0.07%	0.03%
	WSM	B	0.04%	0.06%	0.04%
	WTRG	B	0.01%	0.04%	0.01%
	WU	D	0.03%	0.02%	0.02%
	XYL	D	0.03%	0.11%	0.03%
	YUM	B	0.08%	0.14%	0.08%
	ZBRA	B	0.04%	0.07%	0.04%

FNDX Overweight 402 Positions Relative to JCTR

	Symbol	Grade	Weight
	JPM	A	2.03%
	XOM	B	1.99%
	GOOG	C	1.14%
	GM	B	0.79%
	PG	A	0.77%
	LUMN	C	0.65%
	PM	B	0.48%
	BMY	B	0.45%
	PEP	F	0.41%
	MPC	D	0.4%
	VLO	C	0.39%
	TGT	F	0.38%
	LMT	D	0.37%
	HON	B	0.37%
	MO	A	0.37%
	PSX	C	0.36%
	CHTR	C	0.35%
	KO	D	0.35%
	MMM	D	0.35%
	RTX	C	0.34%
	F	C	0.33%
	FDX	B	0.32%
	USB	A	0.32%
	PNC	B	0.3%
	UPS	C	0.28%
	ALL	A	0.27%
	SO	D	0.26%
	BK	A	0.26%
	TMUS	B	0.25%
	KMI	A	0.23%
	TFC	A	0.23%
	ETN	A	0.23%
	CSX	B	0.22%
	NSC	B	0.21%
	HPQ	B	0.21%
	GD	F	0.21%
	HPE	B	0.21%
	MDLZ	F	0.2%
	NOC	D	0.2%
	HCA	F	0.2%
	CTSH	B	0.19%
	HUM	C	0.19%
	CNC	D	0.19%
	NUE	C	0.19%
	DOW	F	0.18%
	IP	B	0.17%
	D	C	0.17%
	DD	D	0.17%
	AEP	D	0.16%
	VST	B	0.16%
	BKR	B	0.16%
	BBY	D	0.16%
	LHX	C	0.16%
	JCI	C	0.16%
	AMP	A	0.15%
	GE	D	0.15%
	LYB	F	0.14%
	FCX	D	0.14%
	GLW	B	0.14%
	CL	D	0.13%
	APD	A	0.13%
	FITB	A	0.13%
	TROW	B	0.13%
	ETR	B	0.12%
	WDC	D	0.12%
	XEL	A	0.12%
	ORLY	B	0.11%
	MTB	A	0.11%
	PARA	C	0.11%
	BDX	F	0.11%
	OXY	D	0.11%
	PPL	B	0.11%
	BA	F	0.11%
	STLD	B	0.11%
	VTRS	A	0.1%
	STT	A	0.1%
	CEG	D	0.1%
	KEY	B	0.1%
	WELL	A	0.1%
	NRG	B	0.1%
	CFG	B	0.1%
	RF	A	0.09%
	MRO	B	0.09%
	SW	A	0.09%
	STX	D	0.09%
	DVN	F	0.09%
	RS	B	0.09%
	BIIB	F	0.09%
	CTVA	C	0.09%
	PFG	D	0.09%
	APH	A	0.09%
	WY	D	0.09%
	LH	C	0.09%
	GEHC	F	0.09%
	ARW	D	0.08%
	EMN	D	0.08%
	HBAN	A	0.08%
	NTRS	A	0.08%
	NVR	D	0.08%
	VTR	C	0.08%
	UHS	D	0.08%
	DG	F	0.08%
	PPG	F	0.08%
	WEC	A	0.08%
	WKC	D	0.08%
	EQIX	A	0.08%
	WBD	C	0.08%
	BAX	D	0.07%
	OC	A	0.07%
	HWM	A	0.07%
	SWK	D	0.07%
	CMA	A	0.07%
	CF	B	0.07%
	WTW	B	0.07%
	AEE	A	0.07%
	DGX	A	0.07%
	THC	D	0.07%
	NTAP	C	0.07%
	EVRG	A	0.07%
	CAH	B	0.07%
	PWR	A	0.07%
	R	B	0.07%
	CINF	A	0.07%
	X	C	0.07%
	ZTS	D	0.07%
	PKG	A	0.07%
	AVT	C	0.07%
	DTE	C	0.07%
	LDOS	C	0.07%
	FAST	B	0.07%
	OVV	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%
	TXT	D	0.06%
	BLDR	D	0.06%
	BALL	D	0.06%
	UNM	A	0.06%
	CMS	C	0.06%
	AA	B	0.06%
	ZION	B	0.06%
	OMF	A	0.06%
	MHK	D	0.06%
	LNG	B	0.06%
	CCL	B	0.06%
	FLEX	A	0.06%
	JBL	B	0.06%
	IRM	D	0.06%
	EME	C	0.06%
	FNF	B	0.06%
	TDG	D	0.06%
	KSS	F	0.06%
	MOS	F	0.06%
	MOH	F	0.05%
	VNO	B	0.05%
	VMC	B	0.05%
	AFG	A	0.05%
	ZBH	C	0.05%
	ORI	A	0.05%
	JBHT	C	0.05%
	MKL	A	0.05%
	NXPI	D	0.05%
	DLTR	F	0.05%
	MCHP	D	0.05%
	IVZ	B	0.05%
	L	A	0.05%
	JNPR	F	0.05%
	AES	F	0.05%
	DRI	B	0.05%
	AN	C	0.05%
	KD	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%
	DINO	D	0.05%
	BWA	D	0.05%
	J	F	0.05%
	SFM	A	0.05%
	RJF	A	0.05%
	LKQ	D	0.05%
	BFH	B	0.05%
	LNC	B	0.05%
	KVUE	A	0.05%
	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%
	ZIM	C	0.04%
	UFPI	B	0.04%
	LVS	C	0.04%
	PNR	A	0.04%
	FYBR	D	0.04%
	RPM	A	0.04%
	CNO	A	0.04%
	ON	D	0.04%
	HST	C	0.04%
	DOX	D	0.04%
	CRBG	B	0.04%
	TMHC	B	0.04%
	CCK	C	0.04%
	DKS	C	0.04%
	GT	C	0.04%
	ATO	A	0.04%
	SWKS	F	0.04%
	HSIC	B	0.04%
	LNT	A	0.04%
	FAF	A	0.04%
	MUSA	A	0.04%
	BERY	B	0.04%
	PVH	C	0.04%
	NWSA	B	0.04%
	PNW	B	0.04%
	BEN	C	0.04%
	THO	B	0.04%
	KNX	B	0.04%
	EVR	B	0.04%
	OGN	D	0.04%
	JXN	C	0.04%
	EQT	B	0.04%
	MLM	B	0.04%
	GEV	B	0.04%
	DELL	C	0.03%
	EXP	A	0.03%
	SEE	C	0.03%
	THG	A	0.03%
	INVH	D	0.03%
	SCI	B	0.03%
	AAP	C	0.03%
	BTU	B	0.03%
	ITT	A	0.03%
	RVTY	F	0.03%
	KBH	D	0.03%
	BURL	A	0.03%
	ILMN	D	0.03%
	CW	B	0.03%
	TPH	D	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%
	ARE	D	0.03%
	SEIC	B	0.03%
	VOYA	B	0.03%
	QRVO	F	0.03%
	AMCR	D	0.03%
	ARMK	B	0.03%
	AIZ	A	0.03%
	DAL	C	0.03%
	CAR	C	0.03%
	OGE	B	0.03%
	GPK	C	0.03%
	AKAM	D	0.03%
	FL	F	0.03%
	RRX	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%
	GNW	A	0.03%
	NXST	C	0.03%
	GRMN	B	0.03%
	MAA	B	0.03%
	FFIV	B	0.03%
	CG	A	0.03%
	FHN	A	0.03%
	CTRA	B	0.03%
	CMC	B	0.03%
	DOC	D	0.03%
	OLN	D	0.03%
	DPZ	C	0.03%
	FTV	C	0.03%
	WSO	A	0.03%
	PBF	D	0.03%
	SANM	B	0.03%
	NWL	B	0.03%
	HBI	B	0.03%
	GL	B	0.03%
	MLI	C	0.03%
	BR	A	0.03%
	WLK	D	0.02%
	MDU	D	0.02%
	MTN	C	0.02%
	ODP	F	0.02%
	COHR	B	0.02%
	ALV	C	0.02%
	ALK	C	0.02%
	ADNT	F	0.02%
	MATX	C	0.02%
	LEG	F	0.02%
	BPOP	B	0.02%
	CHKP	D	0.02%
	TFX	F	0.02%
	ARCH	B	0.02%
	TKR	D	0.02%
	AER	B	0.02%
	NSIT	F	0.02%
	KBR	F	0.02%
	POR	C	0.02%
	VAC	B	0.02%
	TTC	D	0.02%
	UHAL	D	0.02%
	XRX	F	0.02%
	ASO	F	0.02%
	GLPI	C	0.02%
	WERN	C	0.02%
	OI	C	0.02%
	ASGN	F	0.02%
	NAVI	C	0.02%
	SM	B	0.02%
	WST	C	0.02%
	CZR	F	0.02%
	CCEP	C	0.02%
	LECO	B	0.02%
	ST	F	0.02%
	MUR	D	0.02%
	TPX	B	0.02%
	PII	D	0.02%
	HUBG	A	0.02%
	SLG	B	0.02%
	GXO	B	0.02%
	CTLT	B	0.02%
	PENN	C	0.02%
	CPT	B	0.02%
	HOG	D	0.02%
	APTV	D	0.02%
	ALGN	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	FCNCA	A	0.02%
	AVTR	F	0.02%
	AOS	F	0.02%
	BECN	B	0.02%
	CC	C	0.02%
	SUI	D	0.02%
	LAMR	D	0.02%
	PK	B	0.02%
	VICI	C	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%
	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%
	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%
	TNL	A	0.01%
	PRGO	B	0.01%
	QRTEA	F	0.01%
	AAL	B	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%

FNDX Underweight 109 Positions Relative to JCTR

	Symbol	Grade	Weight
	PLTR	B	-0.44%
	SPOT	B	-0.24%
	ABNB	C	-0.22%
	NU	C	-0.18%
	TEAM	A	-0.15%
	DDOG	A	-0.14%
	VEEV	C	-0.13%
	HUBS	A	-0.13%
	ALNY	D	-0.12%
	DXCM	D	-0.11%
	CSGP	D	-0.11%
	TYL	B	-0.1%
	ARES	A	-0.1%
	NET	B	-0.1%
	PTC	A	-0.09%
	VLTO	D	-0.09%
	HOOD	B	-0.08%
	TWLO	A	-0.07%
	IBKR	A	-0.07%
	LYV	A	-0.07%
	MDB	C	-0.07%
	GWRE	A	-0.06%
	PINS	D	-0.06%
	RBA	A	-0.06%
	ENPH	F	-0.06%
	NTRA	B	-0.06%
	TOST	B	-0.06%
	PODD	C	-0.06%
	GLOB	B	-0.05%
	INCY	C	-0.05%
	CLH	B	-0.05%
	RNR	C	-0.05%
	TW	A	-0.05%
	PSTG	D	-0.05%
	Z	A	-0.05%
	CUBE	D	-0.04%
	OKTA	C	-0.04%
	GME	C	-0.04%
	MKTX	D	-0.04%
	SSD	D	-0.04%
	FND	C	-0.04%
	OHI	C	-0.04%
	WFRD	D	-0.04%
	FRT	B	-0.04%
	FLS	B	-0.04%
	PCTY	B	-0.04%
	AFRM	B	-0.04%
	TTEK	F	-0.04%
	DAY	B	-0.04%
	AMH	D	-0.04%
	LYFT	C	-0.03%
	CFLT	B	-0.03%
	WEX	D	-0.03%
	LSCC	D	-0.03%
	ESI	A	-0.03%
	RGEN	D	-0.03%
	ELS	C	-0.03%
	REXR	F	-0.03%
	MORN	B	-0.03%
	ONTO	D	-0.03%
	ZS	C	-0.03%
	SMCI	F	-0.03%
	SCCO	F	-0.03%
	VNT	B	-0.02%
	CWEN	C	-0.02%
	U	C	-0.02%
	YETI	C	-0.02%
	STAG	F	-0.02%
	WEN	D	-0.02%
	CGNX	C	-0.02%
	COTY	F	-0.02%
	BSY	D	-0.02%
	HAYW	B	-0.02%
	AGNC	D	-0.02%
	RYN	D	-0.02%
	DV	C	-0.02%
	MTCH	D	-0.02%
	ETSY	D	-0.02%
	PLNT	A	-0.02%
	ASH	D	-0.02%
	XP	F	-0.02%
	DLB	B	-0.02%
	FCN	D	-0.02%
	AXS	A	-0.02%
	FRPT	B	-0.02%
	OLED	D	-0.02%
	VVV	F	-0.02%
	MSA	D	-0.02%
	PATH	C	-0.02%
	CROX	D	-0.02%
	NFE	D	-0.01%
	SIRI	C	-0.01%
	CHH	A	-0.01%
	PEGA	A	-0.01%
	AGR	B	-0.01%
	TPG	A	-0.01%
	DNB	B	-0.01%
	CERT	F	-0.01%
	HXL	D	-0.01%
	COLM	B	-0.01%
	IONS	F	-0.01%
	ENOV	C	-0.01%
	ELF	C	-0.01%
	ZI	D	-0.01%
	IRDM	D	-0.01%
	W	F	-0.01%
	BHF	B	-0.0%
	PINC	B	-0.0%
	SMG	D	-0.0%

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

JCTR: Top Represented Industries & Keywords

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

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