FNDX vs. ROUS ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Lattice U.S. Equity Strategy ETF (ROUS)

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

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.83

Average Daily Volume

59,393

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	ROUS
30 Days	3.67%	4.24%
60 Days	4.58%	4.66%
90 Days	6.53%	6.25%
12 Months	29.67%	30.06%

293 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in ROUS	Overlap
AAPL	C	4.35%	1.22%	1.22%
ABBV	D	0.49%	0.85%	0.49%
ABT	B	0.34%	0.14%	0.14%
ACGL	D	0.03%	0.24%	0.03%
ACI	C	0.03%	0.41%	0.03%
ACN	C	0.36%	0.44%	0.36%
ADBE	C	0.2%	0.16%	0.16%
ADI	D	0.13%	0.09%	0.09%
ADM	D	0.21%	0.03%	0.03%
ADSK	A	0.03%	0.05%	0.03%
AEE	A	0.07%	0.13%	0.07%
AEP	D	0.16%	0.22%	0.16%
AFL	B	0.21%	0.32%	0.21%
AIG	B	0.28%	0.02%	0.02%
AIZ	A	0.03%	0.09%	0.03%
AKAM	D	0.03%	0.04%	0.03%
ALL	A	0.27%	0.14%	0.14%
ALSN	B	0.05%	0.49%	0.05%
AMAT	F	0.24%	0.29%	0.24%
AMCR	D	0.03%	0.1%	0.03%
AMGN	D	0.39%	0.36%	0.36%
AMZN	C	1.56%	0.52%	0.52%
AN	C	0.05%	0.22%	0.05%
ANET	C	0.04%	0.31%	0.04%
AOS	F	0.02%	0.01%	0.01%
APH	A	0.09%	0.58%	0.09%
ARW	D	0.08%	0.19%	0.08%
ASGN	F	0.02%	0.17%	0.02%
ATR	B	0.02%	0.08%	0.02%
AVB	B	0.05%	0.12%	0.05%
AVGO	D	0.61%	0.63%	0.61%
AVT	C	0.07%	0.69%	0.07%
AVY	D	0.04%	0.01%	0.01%
AYI	B	0.04%	0.22%	0.04%
AZO	C	0.06%	0.32%	0.06%
BAC	A	1.3%	0.11%	0.11%
BAH	F	0.03%	0.17%	0.03%
BBY	D	0.16%	0.35%	0.16%
BJ	A	0.02%	0.09%	0.02%
BK	A	0.26%	0.48%	0.26%
BKNG	A	0.24%	0.23%	0.23%
BLDR	D	0.06%	0.12%	0.06%
BMY	B	0.45%	0.32%	0.32%
BPOP	B	0.02%	0.14%	0.02%
BR	A	0.03%	0.05%	0.03%
BRK.A	B	2.17%	0.72%	0.72%
BSX	B	0.09%	0.14%	0.09%
C	A	1.1%	0.34%	0.34%
CACI	D	0.03%	0.24%	0.03%
CAH	B	0.07%	0.17%	0.07%
CASY	A	0.05%	0.26%	0.05%
CAT	B	0.41%	0.19%	0.19%
CB	C	0.26%	0.33%	0.26%
CBOE	B	0.01%	0.09%	0.01%
CCI	D	0.09%	0.04%	0.04%
CDNS	B	0.03%	0.29%	0.03%
CDW	F	0.04%	0.33%	0.04%
CF	B	0.07%	0.03%	0.03%
CHE	D	0.01%	0.13%	0.01%
CHRW	C	0.08%	0.38%	0.08%
CHTR	C	0.35%	0.02%	0.02%
CI	F	0.48%	0.24%	0.24%
CIEN	B	0.03%	0.02%	0.02%
CINF	A	0.07%	0.5%	0.07%
CL	D	0.13%	0.43%	0.13%
CMC	B	0.03%	0.14%	0.03%
CMCSA	B	0.83%	0.37%	0.37%
CMI	A	0.19%	0.48%	0.19%
CNC	D	0.19%	0.1%	0.1%
COF	B	0.48%	0.04%	0.04%
COP	C	0.48%	0.08%	0.08%
COR	B	0.02%	0.27%	0.02%
COST	B	0.66%	0.56%	0.56%
CRBG	B	0.04%	0.23%	0.04%
CSCO	B	0.82%	0.83%	0.82%
CTAS	B	0.08%	0.43%	0.08%
CTSH	B	0.19%	0.75%	0.19%
CVS	D	0.68%	0.44%	0.44%
CVX	A	1.25%	0.21%	0.21%
D	C	0.17%	0.04%	0.04%
DBX	B	0.01%	0.43%	0.01%
DCI	B	0.02%	0.24%	0.02%
DELL	C	0.03%	0.88%	0.03%
DGX	A	0.07%	0.27%	0.07%
DHI	D	0.16%	0.19%	0.16%
DKS	C	0.04%	0.21%	0.04%
DOV	A	0.06%	0.13%	0.06%
DTE	C	0.07%	0.23%	0.07%
DUK	C	0.3%	0.29%	0.29%
DVN	F	0.09%	0.1%	0.09%
EA	A	0.09%	0.77%	0.09%
EBAY	D	0.17%	0.33%	0.17%
ECL	D	0.08%	0.18%	0.08%
ED	D	0.12%	0.23%	0.12%
EG	C	0.02%	0.26%	0.02%
EHC	B	0.02%	0.02%	0.02%
EIX	B	0.1%	0.12%	0.1%
ELV	F	0.36%	0.42%	0.36%
EME	C	0.06%	0.39%	0.06%
EOG	A	0.23%	0.63%	0.23%
EQR	B	0.05%	0.12%	0.05%
ETR	B	0.12%	0.37%	0.12%
EXC	C	0.17%	0.08%	0.08%
FANG	D	0.05%	0.12%	0.05%
FAST	B	0.07%	0.49%	0.07%
FDX	B	0.32%	0.36%	0.32%
FE	C	0.09%	0.17%	0.09%
FFIV	B	0.03%	0.42%	0.03%
FHN	A	0.03%	0.02%	0.02%
FITB	A	0.13%	0.17%	0.13%
FLEX	A	0.06%	0.14%	0.06%
FLO	D	0.02%	0.19%	0.02%
FOXA	B	0.1%	0.58%	0.1%
FTNT	C	0.03%	0.07%	0.03%
GD	F	0.21%	0.07%	0.07%
GDDY	A	0.03%	0.52%	0.03%
GEN	B	0.04%	0.21%	0.04%
GILD	C	0.37%	0.7%	0.37%
GIS	D	0.11%	0.14%	0.11%
GLPI	C	0.02%	0.08%	0.02%
GLW	B	0.14%	0.54%	0.14%
GOOGL	C	1.33%	1.26%	1.26%
GPC	D	0.05%	0.33%	0.05%
GPI	A	0.05%	0.29%	0.05%
GPK	C	0.03%	0.23%	0.03%
GRMN	B	0.03%	0.3%	0.03%
GWW	B	0.08%	0.58%	0.08%
HBAN	A	0.08%	0.23%	0.08%
HCA	F	0.2%	0.2%	0.2%
HD	A	0.8%	0.81%	0.8%
HON	B	0.37%	0.05%	0.05%
HPE	B	0.21%	0.86%	0.21%
HPQ	B	0.21%	1.07%	0.21%
HRB	D	0.01%	0.49%	0.01%
HSY	F	0.04%	0.27%	0.04%
HUBB	B	0.03%	0.09%	0.03%
HUM	C	0.19%	0.53%	0.19%
IBM	C	0.54%	0.83%	0.54%
INGR	B	0.05%	0.08%	0.05%
INTU	C	0.11%	0.11%	0.11%
IP	B	0.17%	0.04%	0.04%
IRM	D	0.06%	0.18%	0.06%
IT	C	0.03%	0.56%	0.03%
ITW	B	0.15%	0.26%	0.15%
JBL	B	0.06%	0.16%	0.06%
JCI	C	0.16%	0.03%	0.03%
JHG	A	0.03%	0.08%	0.03%
JNJ	D	0.89%	1.08%	0.89%
JNPR	F	0.05%	0.4%	0.05%
JPM	A	2.03%	0.81%	0.81%
KD	B	0.05%	0.22%	0.05%
KEYS	A	0.04%	0.25%	0.04%
KLAC	D	0.08%	0.28%	0.08%
KMB	D	0.1%	0.38%	0.1%
KO	D	0.35%	0.09%	0.09%
KR	B	0.3%	0.84%	0.3%
L	A	0.05%	0.1%	0.05%
LAMR	D	0.02%	0.13%	0.02%
LDOS	C	0.07%	0.11%	0.07%
LII	A	0.03%	0.12%	0.03%
LIN	D	0.33%	0.02%	0.02%
LLY	F	0.2%	0.75%	0.2%
LMT	D	0.37%	0.38%	0.37%
LNC	B	0.05%	0.06%	0.05%
LNG	B	0.06%	0.33%	0.06%
LOW	D	0.43%	0.31%	0.31%
LRCX	F	0.15%	0.17%	0.15%
LSTR	D	0.03%	0.23%	0.03%
LYB	F	0.14%	0.17%	0.14%
MA	C	0.29%	0.39%	0.29%
MAS	D	0.05%	0.26%	0.05%
MCD	D	0.34%	0.14%	0.14%
MCHP	D	0.05%	0.21%	0.05%
MCK	B	0.11%	0.54%	0.11%
MDT	D	0.16%	0.17%	0.16%
META	D	1.79%	0.78%	0.78%
MKL	A	0.05%	0.33%	0.05%
MLI	C	0.03%	0.4%	0.03%
MMM	D	0.35%	0.15%	0.15%
MMS	F	0.01%	0.08%	0.01%
MO	A	0.37%	0.6%	0.37%
MPC	D	0.4%	0.26%	0.26%
MRK	F	0.42%	0.84%	0.42%
MSFT	F	2.43%	1.14%	1.14%
MSI	B	0.07%	0.82%	0.07%
MTB	A	0.11%	0.62%	0.11%
MTD	D	0.03%	0.11%	0.03%
MTG	C	0.02%	0.14%	0.02%
MTH	D	0.03%	0.01%	0.01%
MUSA	A	0.04%	0.64%	0.04%
NEE	D	0.24%	0.09%	0.09%
NFG	A	0.02%	0.24%	0.02%
NOC	D	0.2%	0.08%	0.08%
NOW	A	0.01%	0.05%	0.01%
NRG	B	0.1%	0.51%	0.1%
NSIT	F	0.02%	0.32%	0.02%
NTAP	C	0.07%	1.0%	0.07%
NVDA	C	0.4%	0.99%	0.4%
NVR	D	0.08%	0.24%	0.08%
NWSA	B	0.04%	0.03%	0.03%
NXPI	D	0.05%	0.38%	0.05%
NXST	C	0.03%	0.04%	0.03%
O	D	0.04%	0.14%	0.04%
OC	A	0.07%	0.2%	0.07%
OGE	B	0.03%	0.08%	0.03%
OGN	D	0.04%	0.2%	0.04%
OMC	C	0.08%	0.15%	0.08%
ORCL	B	0.5%	0.64%	0.5%
ORI	A	0.05%	0.31%	0.05%
ORLY	B	0.11%	0.37%	0.11%
OTIS	C	0.05%	0.28%	0.05%
PANW	C	0.03%	0.13%	0.03%
PAYX	C	0.06%	0.02%	0.02%
PCAR	B	0.15%	0.31%	0.15%
PEG	A	0.11%	0.24%	0.11%
PEP	F	0.41%	0.28%	0.28%
PG	A	0.77%	0.64%	0.64%
PGR	A	0.23%	0.23%	0.23%
PHM	D	0.11%	0.29%	0.11%
PKG	A	0.07%	0.23%	0.07%
PM	B	0.48%	0.34%	0.34%
PNC	B	0.3%	0.21%	0.21%
POR	C	0.02%	0.12%	0.02%
PPG	F	0.08%	0.16%	0.08%
PPL	B	0.11%	0.19%	0.11%
PRU	A	0.22%	0.25%	0.22%
PSA	D	0.05%	0.07%	0.05%
PSX	C	0.36%	0.02%	0.02%
QCOM	F	0.43%	0.52%	0.43%
R	B	0.07%	0.23%	0.07%
REGN	F	0.1%	0.17%	0.1%
RF	A	0.09%	0.27%	0.09%
RGA	A	0.04%	0.14%	0.04%
RHI	B	0.04%	0.29%	0.04%
RL	B	0.03%	0.14%	0.03%
RMD	C	0.03%	0.3%	0.03%
ROP	B	0.05%	0.2%	0.05%
RPM	A	0.04%	0.44%	0.04%
RS	B	0.09%	0.39%	0.09%
RSG	A	0.06%	0.2%	0.06%
SANM	B	0.03%	0.37%	0.03%
SEE	C	0.03%	0.02%	0.02%
SFM	A	0.05%	0.14%	0.05%
SHW	A	0.08%	0.51%	0.08%
SKX	D	0.02%	0.16%	0.02%
SNA	A	0.06%	0.25%	0.06%
SNPS	B	0.03%	0.19%	0.03%
SNX	C	0.03%	0.25%	0.03%
SO	D	0.26%	0.26%	0.26%
SON	D	0.02%	0.2%	0.02%
SPG	B	0.1%	0.07%	0.07%
SRE	A	0.13%	0.07%	0.07%
STLD	B	0.11%	0.3%	0.11%
STT	A	0.1%	0.25%	0.1%
STX	D	0.09%	0.16%	0.09%
SW	A	0.09%	0.38%	0.09%
SWKS	F	0.04%	0.15%	0.04%
SYF	B	0.34%	0.31%	0.31%
SYK	C	0.13%	0.02%	0.02%
SYY	B	0.1%	0.26%	0.1%
T	A	1.27%	0.89%	0.89%
TER	D	0.04%	0.33%	0.04%
TGT	F	0.38%	0.11%	0.11%
TJX	A	0.22%	0.28%	0.22%
TMUS	B	0.25%	0.76%	0.25%
TRV	B	0.31%	0.39%	0.31%
TSCO	D	0.06%	0.32%	0.06%
TT	A	0.06%	0.23%	0.06%
TXN	C	0.34%	0.65%	0.34%
UFPI	B	0.04%	0.17%	0.04%
UNH	C	1.22%	1.02%	1.02%
UNM	A	0.06%	0.41%	0.06%
USB	A	0.32%	0.13%	0.13%
V	A	0.36%	0.4%	0.36%
VICI	C	0.02%	0.31%	0.02%
VLO	C	0.39%	0.47%	0.39%
VRSK	A	0.04%	0.19%	0.04%
VRSN	F	0.01%	0.36%	0.01%
VRTX	F	0.07%	0.36%	0.07%
VST	B	0.16%	0.16%	0.16%
VTR	C	0.08%	0.02%	0.02%
VZ	C	1.13%	0.84%	0.84%
WEC	A	0.08%	0.13%	0.08%
WELL	A	0.1%	0.09%	0.09%
WFC	A	1.35%	0.22%	0.22%
WM	A	0.15%	0.31%	0.15%
WMT	A	1.47%	1.09%	1.09%
WPC	D	0.02%	0.01%	0.01%
WSM	B	0.04%	0.22%	0.04%
WSO	A	0.03%	0.19%	0.03%
XEL	A	0.12%	0.27%	0.12%
XOM	B	1.99%	0.82%	0.82%
YUM	B	0.08%	0.3%	0.08%

FNDX Overweight 428 Positions Relative to ROUS

Symbol	Grade	Weight
GOOG	C	1.14%
INTC	D	0.89%
GM	B	0.79%
PFE	D	0.68%
LUMN	C	0.65%
GS	A	0.62%
MS	A	0.46%
DIS	B	0.45%
MU	D	0.38%
AXP	A	0.36%
UNP	C	0.35%
RTX	C	0.34%
F	C	0.33%
TSLA	B	0.28%
BLK	C	0.28%
SBUX	A	0.28%
UPS	C	0.28%
DFS	B	0.26%
MET	A	0.26%
TMO	F	0.25%
KMI	A	0.23%
TFC	A	0.23%
ETN	A	0.23%
DE	A	0.23%
CSX	B	0.22%
PYPL	B	0.22%
NSC	B	0.21%
MDLZ	F	0.2%
TSN	B	0.2%
NKE	D	0.19%
NUE	C	0.19%
DOW	F	0.18%
WMB	A	0.17%
WBA	F	0.17%
NFLX	A	0.17%
EMR	A	0.17%
DD	D	0.17%
BKR	B	0.16%
LHX	C	0.16%
LEN	D	0.16%
DHR	F	0.15%
AMP	A	0.15%
SPGI	C	0.15%
ADP	B	0.15%
CRM	B	0.15%
GE	D	0.15%
FCX	D	0.14%
MMC	B	0.14%
OKE	A	0.14%
HIG	B	0.14%
APD	A	0.13%
PH	A	0.13%
SCHW	B	0.13%
TROW	B	0.13%
BX	A	0.13%
AON	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	D	0.12%
CARR	D	0.12%
KKR	A	0.12%
PARA	C	0.11%
BDX	F	0.11%
OXY	D	0.11%
BA	F	0.11%
ICE	C	0.11%
AMT	D	0.11%
ALLY	C	0.1%
VTRS	A	0.1%
CEG	D	0.1%
KEY	B	0.1%
BG	F	0.1%
CFG	B	0.1%
MRO	B	0.09%
GPN	B	0.09%
ISRG	A	0.09%
BIIB	F	0.09%
CTVA	C	0.09%
PFG	D	0.09%
MAR	B	0.09%
WY	D	0.09%
LH	C	0.09%
AMD	F	0.09%
GEHC	F	0.09%
KHC	F	0.09%
EMN	D	0.08%
NTRS	A	0.08%
USFD	A	0.08%
WHR	B	0.08%
ES	D	0.08%
CME	A	0.08%
UHS	D	0.08%
DG	F	0.08%
WKC	D	0.08%
DLR	B	0.08%
EQIX	A	0.08%
JLL	D	0.08%
WBD	C	0.08%
K	A	0.07%
BAX	D	0.07%
IQV	D	0.07%
VFC	C	0.07%
HWM	A	0.07%
SWK	D	0.07%
CMA	A	0.07%
WTW	B	0.07%
TRGP	B	0.07%
THC	D	0.07%
MCO	B	0.07%
EVRG	A	0.07%
STZ	D	0.07%
PWR	A	0.07%
PLD	D	0.07%
KDP	D	0.07%
X	C	0.07%
LAD	A	0.07%
ZTS	D	0.07%
ROST	C	0.07%
OVV	B	0.06%
HES	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%
CAG	D	0.06%
JEF	A	0.06%
TXT	D	0.06%
ROK	B	0.06%
BALL	D	0.06%
CMS	C	0.06%
AA	B	0.06%
ZION	B	0.06%
OMF	A	0.06%
MHK	D	0.06%
CCL	B	0.06%
PFGC	B	0.06%
HLT	A	0.06%
CNP	B	0.06%
HAL	C	0.06%
FNF	B	0.06%
WAB	B	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
KMX	B	0.06%
MOH	F	0.05%
ACM	A	0.05%
VNO	B	0.05%
NI	A	0.05%
MNST	C	0.05%
VMC	B	0.05%
AFG	A	0.05%
ZBH	C	0.05%
JBHT	C	0.05%
CSL	C	0.05%
DLTR	F	0.05%
IVZ	B	0.05%
IFF	D	0.05%
AES	F	0.05%
DRI	B	0.05%
AJG	B	0.05%
BXP	D	0.05%
DXC	B	0.05%
LEA	D	0.05%
EQH	B	0.05%
TDS	B	0.05%
DINO	D	0.05%
BWA	D	0.05%
J	F	0.05%
TPR	B	0.05%
AME	A	0.05%
RJF	A	0.05%
LKQ	D	0.05%
SJM	D	0.05%
BFH	B	0.05%
KVUE	A	0.05%
A	D	0.05%
TAP	C	0.05%
FBIN	D	0.04%
UBER	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
EXPE	B	0.04%
SSNC	B	0.04%
OSK	B	0.04%
AMG	B	0.04%
IPG	D	0.04%
ZIM	C	0.04%
LVS	C	0.04%
PNR	A	0.04%
FYBR	D	0.04%
CMG	B	0.04%
CNO	A	0.04%
ON	D	0.04%
HST	C	0.04%
CLX	B	0.04%
DOX	D	0.04%
EXPD	D	0.04%
SLM	A	0.04%
TMHC	B	0.04%
CCK	C	0.04%
WAT	B	0.04%
ZBRA	B	0.04%
GT	C	0.04%
ATO	A	0.04%
HOLX	D	0.04%
HSIC	B	0.04%
CHD	B	0.04%
AWK	D	0.04%
EW	C	0.04%
LNT	A	0.04%
FAF	A	0.04%
BERY	B	0.04%
LPLA	A	0.04%
PVH	C	0.04%
PNW	B	0.04%
BEN	C	0.04%
WCC	B	0.04%
THO	B	0.04%
KNX	B	0.04%
EVR	B	0.04%
JXN	C	0.04%
MAN	D	0.04%
EQT	B	0.04%
MLM	B	0.04%
GEV	B	0.04%
MRVL	B	0.04%
UGI	A	0.04%
EXP	A	0.03%
THG	A	0.03%
PRI	A	0.03%
INVH	D	0.03%
AR	B	0.03%
FMC	D	0.03%
SCI	B	0.03%
IEX	B	0.03%
MRNA	F	0.03%
TDY	B	0.03%
CPRT	A	0.03%
GNTX	C	0.03%
AAP	C	0.03%
TRU	D	0.03%
BTU	B	0.03%
SQ	B	0.03%
ITT	A	0.03%
RVTY	F	0.03%
BBWI	D	0.03%
KBH	D	0.03%
BURL	A	0.03%
ILMN	D	0.03%
CW	B	0.03%
TPH	D	0.03%
G	B	0.03%
FLR	B	0.03%
BC	C	0.03%
STE	F	0.03%
APO	B	0.03%
PCG	A	0.03%
ABG	B	0.03%
SNV	B	0.03%
ARE	D	0.03%
ALB	C	0.03%
SEIC	B	0.03%
MSCI	C	0.03%
KIM	A	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
ARMK	B	0.03%
CPB	D	0.03%
EFX	F	0.03%
DAL	C	0.03%
CAR	C	0.03%
HAS	D	0.03%
EXR	D	0.03%
FL	F	0.03%
RRX	B	0.03%
AGCO	D	0.03%
APA	D	0.03%
ESS	B	0.03%
CLF	F	0.03%
HII	D	0.03%
HRL	D	0.03%
XYL	D	0.03%
EWBC	A	0.03%
NDAQ	A	0.03%
WU	D	0.03%
TRMB	B	0.03%
ULTA	F	0.03%
GNW	A	0.03%
MAA	B	0.03%
CG	A	0.03%
HUN	F	0.03%
CTRA	B	0.03%
EL	F	0.03%
DOC	D	0.03%
OLN	D	0.03%
DECK	A	0.03%
DPZ	C	0.03%
FTV	C	0.03%
CE	F	0.03%
IR	B	0.03%
PBF	D	0.03%
MTZ	B	0.03%
WRB	A	0.03%
MKC	D	0.03%
NWL	B	0.03%
HBI	B	0.03%
GL	B	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%
MPW	F	0.02%
MATX	C	0.02%
LEG	F	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%
KBR	F	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%
WERN	C	0.02%
LW	C	0.02%
OI	C	0.02%
POST	C	0.02%
ANSS	B	0.02%
SBAC	D	0.02%
NAVI	C	0.02%
SM	B	0.02%
NDSN	B	0.02%
WST	C	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%
IDXX	F	0.02%
JKHY	D	0.02%
CPT	B	0.02%
HOG	D	0.02%
APTV	D	0.02%
POOL	C	0.02%
ALGN	D	0.02%
NOV	C	0.02%
FCNCA	A	0.02%
NVT	B	0.02%
AVTR	F	0.02%
BECN	B	0.02%
CC	C	0.02%
CNH	C	0.02%
SUI	D	0.02%
REG	B	0.02%
PK	B	0.02%
BRX	A	0.02%
UDR	B	0.02%
ABM	B	0.02%
DAR	C	0.02%
RUSHA	C	0.02%
SAIC	F	0.02%
REZI	A	0.02%
BRO	B	0.02%
GNRC	B	0.02%
TGNA	B	0.02%
BAP	B	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%
ICLR	D	0.01%
WTRG	B	0.01%
MSM	C	0.01%
SPTN	D	0.01%
AEO	F	0.01%
CYH	F	0.01%
JAZZ	B	0.01%
BLD	D	0.01%
FSLR	F	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%
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 52 Positions Relative to ROUS

Symbol	Grade	Weight
CVLT	B	-0.78%
FICO	B	-0.67%
INCY	C	-0.44%
UTHR	C	-0.42%
AXS	A	-0.37%
VNT	B	-0.36%
NYT	C	-0.35%
BMI	B	-0.32%
CRUS	D	-0.32%
WTM	A	-0.29%
EXEL	B	-0.29%
ALKS	B	-0.27%
DLB	B	-0.25%
LOPE	B	-0.25%
MANH	D	-0.24%
AIT	A	-0.23%
RDN	C	-0.19%
DY	D	-0.18%
ADC	B	-0.17%
RNR	C	-0.16%
CBT	C	-0.16%
FCN	D	-0.14%
ROL	B	-0.14%
COKE	C	-0.13%
PSTG	D	-0.12%
UMBF	B	-0.1%
VMI	B	-0.1%
FSS	B	-0.1%
CHRD	D	-0.09%
ACIW	B	-0.08%
GWRE	A	-0.07%
APPF	B	-0.07%
NNN	D	-0.07%
KNF	A	-0.07%
PTC	A	-0.06%
CSWI	A	-0.06%
SPSC	C	-0.06%
AWI	A	-0.05%
ANF	C	-0.05%
MOG.A	B	-0.05%
FELE	B	-0.04%
LFUS	F	-0.04%
EPRT	B	-0.04%
BCO	D	-0.04%
ITCI	C	-0.04%
MSA	D	-0.02%
ITRI	B	-0.02%
OHI	C	-0.02%
AAON	B	-0.02%
SLGN	A	-0.02%
MPWR	F	-0.01%
ONB	B	-0.01%