FNDX vs. LGH ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to HCM Defender 500 Index ETF (LGH)

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

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$53.26

Average Daily Volume

21,924

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	LGH
30 Days	3.67%	4.06%
60 Days	4.58%	5.93%
90 Days	6.53%	7.78%
12 Months	29.67%	37.26%

415 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in LGH	Overlap
A	D	0.05%	0.06%	0.05%
AAPL	C	4.35%	6.76%	4.35%
ABBV	D	0.49%	0.45%	0.45%
ABT	B	0.34%	0.3%	0.3%
ACGL	D	0.03%	0.05%	0.03%
ACN	C	0.36%	0.35%	0.35%
ADBE	C	0.2%	0.33%	0.2%
ADI	D	0.13%	0.15%	0.13%
ADM	D	0.21%	0.04%	0.04%
ADP	B	0.15%	0.18%	0.15%
ADSK	A	0.03%	0.09%	0.03%
AEE	A	0.07%	0.03%	0.03%
AEP	D	0.16%	0.07%	0.07%
AFL	B	0.21%	0.09%	0.09%
AIG	B	0.28%	0.08%	0.08%
AJG	B	0.05%	0.1%	0.05%
AKAM	D	0.03%	0.02%	0.02%
ALGN	D	0.02%	0.02%	0.02%
ALL	A	0.27%	0.08%	0.08%
AMAT	F	0.24%	0.2%	0.2%
AMD	F	0.09%	0.32%	0.09%
AME	A	0.05%	0.06%	0.05%
AMGN	D	0.39%	0.22%	0.22%
AMP	A	0.15%	0.08%	0.08%
AMT	D	0.11%	0.14%	0.11%
AMZN	C	1.56%	3.64%	1.56%
ANET	C	0.04%	0.14%	0.04%
ANSS	B	0.02%	0.04%	0.02%
AON	A	0.13%	0.11%	0.11%
APD	A	0.13%	0.09%	0.09%
APH	A	0.09%	0.12%	0.09%
APO	B	0.03%	0.1%	0.03%
ARE	D	0.03%	0.02%	0.02%
ATO	A	0.04%	0.03%	0.03%
AVB	B	0.05%	0.05%	0.05%
AVGO	D	0.61%	1.37%	0.61%
AVTR	F	0.02%	0.02%	0.02%
AVY	D	0.04%	0.02%	0.02%
AWK	D	0.04%	0.04%	0.04%
AXP	A	0.36%	0.24%	0.24%
AZO	C	0.06%	0.07%	0.06%
BA	F	0.11%	0.11%	0.11%
BAC	A	1.3%	0.48%	0.48%
BAH	F	0.03%	0.02%	0.02%
BALL	D	0.06%	0.03%	0.03%
BAX	D	0.07%	0.03%	0.03%
BBY	D	0.16%	0.03%	0.03%
BDX	F	0.11%	0.1%	0.1%
BG	F	0.1%	0.02%	0.02%
BIIB	F	0.09%	0.03%	0.03%
BK	A	0.26%	0.09%	0.09%
BKNG	A	0.24%	0.26%	0.24%
BKR	B	0.16%	0.06%	0.06%
BLK	C	0.28%	0.21%	0.21%
BMY	B	0.45%	0.18%	0.18%
BR	A	0.03%	0.04%	0.03%
BRK.A	B	2.17%	1.2%	1.2%
BRO	B	0.02%	0.03%	0.02%
BSX	B	0.09%	0.19%	0.09%
BX	A	0.13%	0.2%	0.13%
C	A	1.1%	0.19%	0.19%
CAG	D	0.06%	0.02%	0.02%
CAH	B	0.07%	0.04%	0.04%
CARR	D	0.12%	0.09%	0.09%
CAT	B	0.41%	0.28%	0.28%
CB	C	0.26%	0.17%	0.17%
CBOE	B	0.01%	0.03%	0.01%
CBRE	B	0.13%	0.06%	0.06%
CCI	D	0.09%	0.06%	0.06%
CDNS	B	0.03%	0.12%	0.03%
CDW	F	0.04%	0.04%	0.04%
CEG	D	0.1%	0.12%	0.1%
CF	B	0.07%	0.02%	0.02%
CFG	B	0.1%	0.03%	0.03%
CHD	B	0.04%	0.04%	0.04%
CHTR	C	0.35%	0.05%	0.05%
CI	F	0.48%	0.14%	0.14%
CINF	A	0.07%	0.03%	0.03%
CL	D	0.13%	0.12%	0.12%
CLX	B	0.04%	0.03%	0.03%
CMCSA	B	0.83%	0.26%	0.26%
CME	A	0.08%	0.11%	0.08%
CMG	B	0.04%	0.1%	0.04%
CMI	A	0.19%	0.07%	0.07%
CMS	C	0.06%	0.03%	0.03%
CNC	D	0.19%	0.05%	0.05%
CNP	B	0.06%	0.02%	0.02%
COF	B	0.48%	0.1%	0.1%
COP	C	0.48%	0.19%	0.19%
COR	B	0.02%	0.06%	0.02%
COST	B	0.66%	0.63%	0.63%
CPAY	A	0.06%	0.03%	0.03%
CPRT	A	0.03%	0.07%	0.03%
CRM	B	0.15%	0.45%	0.15%
CSCO	B	0.82%	0.34%	0.34%
CSL	C	0.05%	0.04%	0.04%
CSX	B	0.22%	0.1%	0.1%
CTAS	B	0.08%	0.11%	0.08%
CTRA	B	0.03%	0.03%	0.03%
CTSH	B	0.19%	0.06%	0.06%
CTVA	C	0.09%	0.07%	0.07%
CVS	D	0.68%	0.11%	0.11%
CVX	A	1.25%	0.41%	0.41%
D	C	0.17%	0.07%	0.07%
DAL	C	0.03%	0.05%	0.03%
DD	D	0.17%	0.05%	0.05%
DE	A	0.23%	0.16%	0.16%
DECK	A	0.03%	0.03%	0.03%
DELL	C	0.03%	0.05%	0.03%
DFS	B	0.26%	0.06%	0.06%
DG	F	0.08%	0.02%	0.02%
DGX	A	0.07%	0.03%	0.03%
DHI	D	0.16%	0.07%	0.07%
DHR	F	0.15%	0.23%	0.15%
DIS	B	0.45%	0.29%	0.29%
DLR	B	0.08%	0.08%	0.08%
DLTR	F	0.05%	0.02%	0.02%
DOV	A	0.06%	0.04%	0.04%
DOW	F	0.18%	0.05%	0.05%
DPZ	C	0.03%	0.02%	0.02%
DRI	B	0.05%	0.03%	0.03%
DTE	C	0.07%	0.04%	0.04%
DUK	C	0.3%	0.13%	0.13%
DVN	F	0.09%	0.04%	0.04%
EA	A	0.09%	0.06%	0.06%
EBAY	D	0.17%	0.04%	0.04%
ECL	D	0.08%	0.09%	0.08%
ED	D	0.12%	0.05%	0.05%
EFX	F	0.03%	0.05%	0.03%
EIX	B	0.1%	0.05%	0.05%
EL	F	0.03%	0.02%	0.02%
ELV	F	0.36%	0.14%	0.14%
EMR	A	0.17%	0.1%	0.1%
EOG	A	0.23%	0.11%	0.11%
EQIX	A	0.08%	0.12%	0.08%
EQR	B	0.05%	0.04%	0.04%
EQT	B	0.04%	0.03%	0.03%
ES	D	0.08%	0.03%	0.03%
ESS	B	0.03%	0.03%	0.03%
ETN	A	0.23%	0.2%	0.2%
ETR	B	0.12%	0.04%	0.04%
EVRG	A	0.07%	0.02%	0.02%
EW	C	0.04%	0.06%	0.04%
EXC	C	0.17%	0.06%	0.06%
EXPD	D	0.04%	0.02%	0.02%
EXPE	B	0.04%	0.03%	0.03%
EXR	D	0.03%	0.05%	0.03%
F	C	0.33%	0.06%	0.06%
FANG	D	0.05%	0.04%	0.04%
FAST	B	0.07%	0.07%	0.07%
FCX	D	0.14%	0.09%	0.09%
FDX	B	0.32%	0.09%	0.09%
FE	C	0.09%	0.03%	0.03%
FI	A	0.13%	0.19%	0.13%
FIS	C	0.12%	0.07%	0.07%
FITB	A	0.13%	0.05%	0.05%
FSLR	F	0.01%	0.03%	0.01%
FTNT	C	0.03%	0.09%	0.03%
FTV	C	0.03%	0.04%	0.03%
GD	F	0.21%	0.09%	0.09%
GDDY	A	0.03%	0.05%	0.03%
GE	D	0.15%	0.28%	0.15%
GEHC	F	0.09%	0.04%	0.04%
GEN	B	0.04%	0.02%	0.02%
GEV	B	0.04%	0.13%	0.04%
GILD	C	0.37%	0.17%	0.17%
GIS	D	0.11%	0.06%	0.06%
GLW	B	0.14%	0.05%	0.05%
GM	B	0.79%	0.12%	0.12%
GOOGL	C	1.33%	1.88%	1.33%
GPC	D	0.05%	0.03%	0.03%
GPN	B	0.09%	0.05%	0.05%
GRMN	B	0.03%	0.05%	0.03%
GS	A	0.62%	0.29%	0.29%
GWW	B	0.08%	0.06%	0.06%
HAL	C	0.06%	0.04%	0.04%
HBAN	A	0.08%	0.04%	0.04%
HCA	F	0.2%	0.1%	0.1%
HD	A	0.8%	0.6%	0.6%
HES	B	0.06%	0.06%	0.06%
HIG	B	0.14%	0.06%	0.06%
HLT	A	0.06%	0.09%	0.06%
HOLX	D	0.04%	0.02%	0.02%
HON	B	0.37%	0.21%	0.21%
HPE	B	0.21%	0.04%	0.04%
HPQ	B	0.21%	0.05%	0.05%
HSY	F	0.04%	0.04%	0.04%
HUBB	B	0.03%	0.03%	0.03%
HUM	C	0.19%	0.05%	0.05%
HWM	A	0.07%	0.07%	0.07%
IBM	C	0.54%	0.3%	0.3%
ICE	C	0.11%	0.12%	0.11%
IDXX	F	0.02%	0.05%	0.02%
IEX	B	0.03%	0.02%	0.02%
IFF	D	0.05%	0.04%	0.04%
ILMN	D	0.03%	0.04%	0.03%
INTC	D	0.89%	0.15%	0.15%
INTU	C	0.11%	0.25%	0.11%
INVH	D	0.03%	0.03%	0.03%
IP	B	0.17%	0.03%	0.03%
IQV	D	0.07%	0.05%	0.05%
IR	B	0.03%	0.05%	0.03%
IRM	D	0.06%	0.04%	0.04%
ISRG	A	0.09%	0.28%	0.09%
IT	C	0.03%	0.05%	0.03%
ITW	B	0.15%	0.12%	0.12%
J	F	0.05%	0.02%	0.02%
JBHT	C	0.05%	0.02%	0.02%
JBL	B	0.06%	0.02%	0.02%
JCI	C	0.16%	0.08%	0.08%
JKHY	D	0.02%	0.02%	0.02%
JNJ	D	0.89%	0.65%	0.65%
JPM	A	2.03%	1.34%	1.34%
K	A	0.07%	0.03%	0.03%
KDP	D	0.07%	0.04%	0.04%
KEY	B	0.1%	0.02%	0.02%
KEYS	A	0.04%	0.04%	0.04%
KHC	F	0.09%	0.03%	0.03%
KIM	A	0.03%	0.02%	0.02%
KKR	A	0.12%	0.14%	0.12%
KLAC	D	0.08%	0.12%	0.08%
KMB	D	0.1%	0.06%	0.06%
KMI	A	0.23%	0.09%	0.09%
KO	D	0.35%	0.36%	0.35%
KR	B	0.3%	0.07%	0.07%
KVUE	A	0.05%	0.06%	0.05%
LDOS	C	0.07%	0.03%	0.03%
LEN	D	0.16%	0.06%	0.06%
LH	C	0.09%	0.03%	0.03%
LHX	C	0.16%	0.07%	0.07%
LIN	D	0.33%	0.32%	0.32%
LLY	F	0.2%	1.21%	0.2%
LMT	D	0.37%	0.2%	0.2%
LNG	B	0.06%	0.07%	0.06%
LNT	A	0.04%	0.03%	0.03%
LOW	D	0.43%	0.23%	0.23%
LPLA	A	0.04%	0.03%	0.03%
LRCX	F	0.15%	0.13%	0.13%
LUV	C	0.02%	0.03%	0.02%
LVS	C	0.04%	0.02%	0.02%
LYB	F	0.14%	0.03%	0.03%
MA	C	0.29%	0.74%	0.29%
MAA	B	0.03%	0.03%	0.03%
MAR	B	0.09%	0.1%	0.09%
MAS	D	0.05%	0.03%	0.03%
MCD	D	0.34%	0.31%	0.31%
MCHP	D	0.05%	0.05%	0.05%
MCK	B	0.11%	0.12%	0.11%
MCO	B	0.07%	0.11%	0.07%
MDLZ	F	0.2%	0.13%	0.13%
MDT	D	0.16%	0.17%	0.16%
MET	A	0.26%	0.08%	0.08%
META	D	1.79%	2.42%	1.79%
MKC	D	0.03%	0.03%	0.03%
MKL	A	0.05%	0.03%	0.03%
MLM	B	0.04%	0.05%	0.04%
MMC	B	0.14%	0.15%	0.14%
MMM	D	0.35%	0.1%	0.1%
MNST	C	0.05%	0.04%	0.04%
MO	A	0.37%	0.15%	0.15%
MOH	F	0.05%	0.02%	0.02%
MPC	D	0.4%	0.09%	0.09%
MRK	F	0.42%	0.38%	0.38%
MRNA	F	0.03%	0.02%	0.02%
MRO	B	0.09%	0.02%	0.02%
MRVL	B	0.04%	0.11%	0.04%
MS	A	0.46%	0.26%	0.26%
MSCI	C	0.03%	0.06%	0.03%
MSFT	F	2.43%	6.15%	2.43%
MSI	B	0.07%	0.11%	0.07%
MTB	A	0.11%	0.05%	0.05%
MTD	D	0.03%	0.04%	0.03%
MU	D	0.38%	0.16%	0.16%
NDAQ	A	0.03%	0.04%	0.03%
NEE	D	0.24%	0.24%	0.24%
NEM	D	0.13%	0.05%	0.05%
NFLX	A	0.17%	0.54%	0.17%
NKE	D	0.19%	0.14%	0.14%
NOC	D	0.2%	0.11%	0.11%
NOW	A	0.01%	0.29%	0.01%
NSC	B	0.21%	0.09%	0.09%
NTAP	C	0.07%	0.04%	0.04%
NTRS	A	0.08%	0.03%	0.03%
NUE	C	0.19%	0.06%	0.06%
NVDA	C	0.4%	7.13%	0.4%
NVR	D	0.08%	0.03%	0.03%
O	D	0.04%	0.06%	0.04%
ODFL	B	0.06%	0.06%	0.06%
OKE	A	0.14%	0.1%	0.1%
OMC	C	0.08%	0.03%	0.03%
ON	D	0.04%	0.04%	0.04%
ORCL	B	0.5%	0.43%	0.43%
ORLY	B	0.11%	0.1%	0.1%
OTIS	C	0.05%	0.06%	0.05%
OXY	D	0.11%	0.05%	0.05%
PANW	C	0.03%	0.17%	0.03%
PAYX	C	0.06%	0.06%	0.06%
PCAR	B	0.15%	0.08%	0.08%
PCG	A	0.03%	0.07%	0.03%
PEG	A	0.11%	0.06%	0.06%
PEP	F	0.41%	0.32%	0.32%
PFE	D	0.68%	0.22%	0.22%
PFG	D	0.09%	0.03%	0.03%
PG	A	0.77%	0.61%	0.61%
PGR	A	0.23%	0.22%	0.22%
PH	A	0.13%	0.13%	0.13%
PHM	D	0.11%	0.04%	0.04%
PKG	A	0.07%	0.03%	0.03%
PLD	D	0.07%	0.16%	0.07%
PM	B	0.48%	0.3%	0.3%
PNC	B	0.3%	0.12%	0.12%
POOL	C	0.02%	0.02%	0.02%
PPG	F	0.08%	0.04%	0.04%
PPL	B	0.11%	0.04%	0.04%
PRU	A	0.22%	0.07%	0.07%
PSA	D	0.05%	0.08%	0.05%
PSX	C	0.36%	0.08%	0.08%
PWR	A	0.07%	0.07%	0.07%
PYPL	B	0.22%	0.13%	0.13%
QCOM	F	0.43%	0.24%	0.24%
REGN	F	0.1%	0.11%	0.1%
RF	A	0.09%	0.04%	0.04%
RJF	A	0.05%	0.05%	0.05%
RMD	C	0.03%	0.05%	0.03%
ROK	B	0.06%	0.05%	0.05%
ROP	B	0.05%	0.08%	0.05%
ROST	C	0.07%	0.07%	0.07%
RPM	A	0.04%	0.02%	0.02%
RS	B	0.09%	0.03%	0.03%
RSG	A	0.06%	0.06%	0.06%
RTX	C	0.34%	0.25%	0.25%
RVTY	F	0.03%	0.02%	0.02%
SBAC	D	0.02%	0.04%	0.02%
SBUX	A	0.28%	0.17%	0.17%
SCHW	B	0.13%	0.16%	0.13%
SHW	A	0.08%	0.13%	0.08%
SLB	C	0.12%	0.09%	0.09%
SNPS	B	0.03%	0.11%	0.03%
SO	D	0.26%	0.14%	0.14%
SPG	B	0.1%	0.09%	0.09%
SPGI	C	0.15%	0.23%	0.15%
SQ	B	0.03%	0.08%	0.03%
SRE	A	0.13%	0.09%	0.09%
SSNC	B	0.04%	0.02%	0.02%
STE	F	0.03%	0.03%	0.03%
STLD	B	0.11%	0.03%	0.03%
STT	A	0.1%	0.04%	0.04%
STX	D	0.09%	0.03%	0.03%
STZ	D	0.07%	0.06%	0.06%
SUI	D	0.02%	0.02%	0.02%
SWK	D	0.07%	0.02%	0.02%
SWKS	F	0.04%	0.02%	0.02%
SYF	B	0.34%	0.03%	0.03%
SYK	C	0.13%	0.18%	0.13%
SYY	B	0.1%	0.06%	0.06%
T	A	1.27%	0.24%	0.24%
TDG	D	0.06%	0.08%	0.06%
TDY	B	0.03%	0.03%	0.03%
TER	D	0.04%	0.03%	0.03%
TFC	A	0.23%	0.09%	0.09%
TGT	F	0.38%	0.08%	0.08%
TJX	A	0.22%	0.2%	0.2%
TMO	F	0.25%	0.3%	0.25%
TMUS	B	0.25%	0.17%	0.17%
TRGP	B	0.07%	0.07%	0.07%
TRMB	B	0.03%	0.02%	0.02%
TROW	B	0.13%	0.04%	0.04%
TRU	D	0.03%	0.03%	0.03%
TRV	B	0.31%	0.09%	0.09%
TSCO	D	0.06%	0.04%	0.04%
TSLA	B	0.28%	1.8%	0.28%
TSN	B	0.2%	0.03%	0.03%
TT	A	0.06%	0.13%	0.06%
TTWO	A	0.03%	0.04%	0.03%
TXN	C	0.34%	0.26%	0.26%
TXT	D	0.06%	0.02%	0.02%
UBER	D	0.04%	0.19%	0.04%
ULTA	F	0.03%	0.02%	0.02%
UNH	C	1.22%	1.04%	1.04%
UNP	C	0.35%	0.21%	0.21%
UPS	C	0.28%	0.14%	0.14%
URI	B	0.13%	0.08%	0.08%
USB	A	0.32%	0.11%	0.11%
V	A	0.36%	0.96%	0.36%
VICI	C	0.02%	0.05%	0.02%
VLO	C	0.39%	0.07%	0.07%
VMC	B	0.05%	0.06%	0.05%
VRSK	A	0.04%	0.06%	0.04%
VRSN	F	0.01%	0.02%	0.01%
VRTX	F	0.07%	0.17%	0.07%
VTR	C	0.08%	0.04%	0.04%
VTRS	A	0.1%	0.02%	0.02%
VZ	C	1.13%	0.26%	0.26%
WAB	B	0.06%	0.05%	0.05%
WAT	B	0.04%	0.03%	0.03%
WBD	C	0.08%	0.04%	0.04%
WDC	D	0.12%	0.03%	0.03%
WEC	A	0.08%	0.04%	0.04%
WELL	A	0.1%	0.1%	0.1%
WFC	A	1.35%	0.39%	0.39%
WM	A	0.15%	0.13%	0.13%
WMB	A	0.17%	0.11%	0.11%
WMT	A	1.47%	0.54%	0.54%
WPC	D	0.02%	0.01%	0.01%
WRB	A	0.03%	0.03%	0.03%
WST	C	0.02%	0.03%	0.02%
WTW	B	0.07%	0.05%	0.05%
WY	D	0.09%	0.04%	0.04%
XEL	A	0.12%	0.06%	0.06%
XOM	B	1.99%	1.03%	1.03%
XYL	D	0.03%	0.05%	0.03%
YUM	B	0.08%	0.05%	0.05%
ZBH	C	0.05%	0.03%	0.03%
ZBRA	B	0.04%	0.03%	0.03%
ZTS	D	0.07%	0.12%	0.07%

FNDX Overweight 306 Positions Relative to LGH

Symbol	Grade	Weight
GOOG	C	1.14%
LUMN	C	0.65%
WBA	F	0.17%
VST	B	0.16%
PARA	C	0.11%
ALLY	C	0.1%
FOXA	B	0.1%
NRG	B	0.1%
SW	A	0.09%
ARW	D	0.08%
EMN	D	0.08%
USFD	A	0.08%
CHRW	C	0.08%
WHR	B	0.08%
UHS	D	0.08%
WKC	D	0.08%
JLL	D	0.08%
OC	A	0.07%
VFC	C	0.07%
CMA	A	0.07%
THC	D	0.07%
R	B	0.07%
X	C	0.07%
LAD	A	0.07%
AVT	C	0.07%
SNA	A	0.06%
OVV	B	0.06%
TOL	B	0.06%
M	D	0.06%
MGM	D	0.06%
DVA	B	0.06%
JEF	A	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%
CCL	B	0.06%
FLEX	A	0.06%
PFGC	B	0.06%
EME	C	0.06%
FNF	B	0.06%
KSS	F	0.06%
MOS	F	0.06%
KMX	B	0.06%
ACM	A	0.05%
VNO	B	0.05%
NI	A	0.05%
AFG	A	0.05%
INGR	B	0.05%
ORI	A	0.05%
NXPI	D	0.05%
IVZ	B	0.05%
L	A	0.05%
JNPR	F	0.05%
AES	F	0.05%
AN	C	0.05%
BXP	D	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%
GPI	A	0.05%
CASY	A	0.05%
DINO	D	0.05%
BWA	D	0.05%
TPR	B	0.05%
SFM	A	0.05%
LKQ	D	0.05%
SJM	D	0.05%
BFH	B	0.05%
LNC	B	0.05%
TAP	C	0.05%
FBIN	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
OSK	B	0.04%
AMG	B	0.04%
IPG	D	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
PNR	A	0.04%
FYBR	D	0.04%
CNO	A	0.04%
HST	C	0.04%
DOX	D	0.04%
CRBG	B	0.04%
SLM	A	0.04%
TMHC	B	0.04%
CCK	C	0.04%
DKS	C	0.04%
GT	C	0.04%
RGA	A	0.04%
RHI	B	0.04%
HSIC	B	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%
AYI	B	0.04%
WCC	B	0.04%
THO	B	0.04%
KNX	B	0.04%
WSM	B	0.04%
EVR	B	0.04%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
UGI	A	0.04%
EXP	A	0.03%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
PRI	A	0.03%
AR	B	0.03%
FMC	D	0.03%
SCI	B	0.03%
ACI	C	0.03%
GNTX	C	0.03%
AAP	C	0.03%
BTU	B	0.03%
ITT	A	0.03%
BBWI	D	0.03%
KBH	D	0.03%
BURL	A	0.03%
CW	B	0.03%
TPH	D	0.03%
LII	A	0.03%
G	B	0.03%
FLR	B	0.03%
SNX	C	0.03%
BC	C	0.03%
ABG	B	0.03%
SNV	B	0.03%
ALB	C	0.03%
SEIC	B	0.03%
VOYA	B	0.03%
QRVO	F	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
CPB	D	0.03%
AIZ	A	0.03%
CAR	C	0.03%
OGE	B	0.03%
GPK	C	0.03%
HAS	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%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
FFIV	B	0.03%
CG	A	0.03%
HUN	F	0.03%
FHN	A	0.03%
CMC	B	0.03%
DOC	D	0.03%
OLN	D	0.03%
CE	F	0.03%
WSO	A	0.03%
PBF	D	0.03%
MTZ	B	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
GL	B	0.03%
MLI	C	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%
TFX	F	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%
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%
ASGN	F	0.02%
NAVI	C	0.02%
SM	B	0.02%
NDSN	B	0.02%
CZR	F	0.02%
CCEP	C	0.02%
LECO	B	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%
CPT	B	0.02%
HOG	D	0.02%
APTV	D	0.02%
NOV	C	0.02%
DCI	B	0.02%
FCNCA	A	0.02%
NVT	B	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%
GNRC	B	0.02%
TGNA	B	0.02%
BAP	B	0.02%
SON	D	0.02%
AXTA	A	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%
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%
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%
LULU	C	0.01%
UNFI	A	0.01%
CRI	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 37 Positions Relative to LGH

Symbol	Grade	Weight
SPXL	B	-18.71%
PLTR	B	-0.16%
CRWD	B	-0.12%
VRT	B	-0.1%
TTD	B	-0.1%
COIN	C	-0.09%
ABNB	C	-0.08%
SNOW	C	-0.07%
FICO	B	-0.07%
RCL	A	-0.07%
DASH	A	-0.07%
WDAY	B	-0.07%
DDOG	A	-0.06%
AXON	A	-0.06%
TEAM	A	-0.06%
NET	B	-0.05%
TPL	A	-0.05%
VEEV	C	-0.05%
UAL	A	-0.04%
PTC	A	-0.04%
MPWR	F	-0.04%
DXCM	D	-0.04%
CSGP	D	-0.04%
ALNY	D	-0.04%
HUBS	A	-0.04%
PINS	D	-0.03%
RBLX	C	-0.03%
ZM	B	-0.03%
MDB	C	-0.03%
TYL	B	-0.03%
SMCI	F	-0.03%
VLTO	D	-0.03%
ARES	A	-0.03%
BMRN	D	-0.02%
FDS	B	-0.02%
ENTG	D	-0.02%
PODD	C	-0.02%