FNDX vs. SCHJ ETF Comparison

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

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

$71.33

Average Daily Volume

427,734

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$49.66

Average Daily Volume

51,213

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	SCHJ
30 Days	2.43%	1.23%
60 Days	3.56%	2.92%
90 Days	6.76%	3.48%
12 Months	27.86%	9.47%

368 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in SCHJ	Overlap
A	C	0.06%	0.02%	0.02%
AAPL	C	4.51%	0.04%	0.04%
ABBV	C	0.6%	0.03%	0.03%
ABT	C	0.34%	0.02%	0.02%
ADBE	F	0.22%	0.01%	0.01%
ADI	C	0.13%	0.02%	0.02%
ADM	D	0.22%	0.02%	0.02%
ADP	B	0.15%	0.05%	0.05%
ADSK	C	0.03%	0.02%	0.02%
AEE	A	0.07%	0.0%	0.0%
AEP	C	0.18%	0.01%	0.01%
AER	B	0.03%	0.02%	0.02%
AES	C	0.06%	0.0%	0.0%
AFL	C	0.23%	0.01%	0.01%
AIG	D	0.28%	0.04%	0.04%
AIZ	B	0.03%	0.02%	0.02%
AL	D	0.02%	0.02%	0.02%
ALB	F	0.02%	0.01%	0.01%
ALL	B	0.29%	0.03%	0.03%
ALLE	C	0.02%	0.02%	0.02%
ALLY	D	0.1%	0.03%	0.03%
AMAT	D	0.25%	0.04%	0.04%
AMCR	C	0.02%	0.03%	0.02%
AMG	C	0.03%	0.01%	0.01%
AMGN	B	0.48%	0.01%	0.01%
AMP	B	0.12%	0.02%	0.02%
AMT	C	0.14%	0.01%	0.01%
AMZN	C	1.42%	0.04%	0.04%
AN	D	0.05%	0.03%	0.03%
AON	B	0.13%	0.02%	0.02%
APD	B	0.11%	0.02%	0.02%
APH	C	0.09%	0.0%	0.0%
APTV	D	0.04%	0.01%	0.01%
ARE	C	0.03%	0.02%	0.02%
ARW	C	0.08%	0.01%	0.01%
ATO	B	0.04%	0.05%	0.04%
AVB	C	0.06%	0.01%	0.01%
AVGO	C	0.68%	0.02%	0.02%
AVT	C	0.07%	0.03%	0.03%
AWK	C	0.05%	0.02%	0.02%
AXP	B	0.37%	0.04%	0.04%
AZO	D	0.06%	0.0%	0.0%
BA	F	0.14%	0.01%	0.01%
BAC	D	1.22%	0.03%	0.03%
BAX	C	0.09%	0.03%	0.03%
BC	C	0.03%	0.03%	0.03%
BDX	F	0.11%	0.05%	0.05%
BEN	F	0.04%	0.01%	0.01%
BERY	C	0.04%	0.05%	0.04%
BG	D	0.11%	0.02%	0.02%
BIIB	F	0.1%	0.1%	0.1%
BK	A	0.26%	0.01%	0.01%
BKNG	B	0.2%	0.02%	0.02%
BLK	B	0.26%	0.07%	0.07%
BMY	C	0.35%	0.02%	0.02%
BR	D	0.04%	0.02%	0.02%
BRO	C	0.03%	0.01%	0.01%
BRX	B	0.02%	0.0%	0.0%
BSX	B	0.09%	0.0%	0.0%
BWA	D	0.05%	0.03%	0.03%
BXP	B	0.05%	0.02%	0.02%
C	D	1.04%	0.03%	0.03%
CAG	C	0.07%	0.01%	0.01%
CAH	C	0.07%	0.02%	0.02%
CARR	B	0.13%	0.1%	0.1%
CAT	B	0.39%	0.02%	0.02%
CB	B	0.29%	0.02%	0.02%
CCI	C	0.11%	0.01%	0.01%
CE	F	0.06%	0.03%	0.03%
CF	C	0.06%	0.02%	0.02%
CFG	C	0.1%	0.02%	0.02%
CHD	C	0.04%	0.01%	0.01%
CHTR	D	0.32%	0.06%	0.06%
CI	C	0.55%	0.02%	0.02%
CL	C	0.16%	0.0%	0.0%
CLX	C	0.04%	0.03%	0.03%
CMA	A	0.06%	0.04%	0.04%
CMCSA	D	0.75%	0.01%	0.01%
CME	C	0.08%	0.07%	0.07%
CMI	C	0.17%	0.0%	0.0%
CMS	B	0.06%	0.0%	0.0%
CNH	D	0.03%	0.02%	0.02%
CNO	A	0.04%	0.03%	0.03%
CNP	D	0.06%	0.02%	0.02%
COF	A	0.39%	0.01%	0.01%
COP	D	0.42%	0.09%	0.09%
COST	B	0.73%	0.0%	0.0%
CPB	B	0.04%	0.01%	0.01%
CRM	D	0.12%	0.02%	0.02%
CSCO	B	0.73%	0.03%	0.03%
CSL	B	0.05%	0.01%	0.01%
CSX	D	0.21%	0.01%	0.01%
CTRA	D	0.01%	0.0%	0.0%
CTVA	B	0.09%	0.02%	0.02%
CVS	F	0.68%	0.01%	0.01%
CVX	D	1.07%	0.02%	0.02%
D	B	0.19%	0.02%	0.02%
DAL	C	0.02%	0.02%	0.02%
DD	B	0.18%	0.09%	0.09%
DE	B	0.22%	0.0%	0.0%
DELL	C	0.01%	0.04%	0.01%
DFS	B	0.21%	0.02%	0.02%
DG	F	0.08%	0.03%	0.03%
DGX	C	0.07%	0.03%	0.03%
DHI	C	0.2%	0.02%	0.02%
DHR	C	0.17%	0.01%	0.01%
DIS	D	0.37%	0.04%	0.04%
DLR	B	0.08%	0.03%	0.03%
DLTR	F	0.04%	0.05%	0.04%
DOC	C	0.04%	0.0%	0.0%
DOV	B	0.06%	0.02%	0.02%
DOW	D	0.2%	0.04%	0.04%
DTE	B	0.08%	0.01%	0.01%
DUK	B	0.34%	0.02%	0.02%
DVN	D	0.08%	0.02%	0.02%
DXC	C	0.05%	0.04%	0.04%
EA	D	0.08%	0.03%	0.03%
EBAY	B	0.19%	0.03%	0.03%
ED	C	0.13%	0.03%	0.03%
EFX	C	0.04%	0.01%	0.01%
EIX	C	0.11%	0.0%	0.0%
EL	F	0.04%	0.02%	0.02%
EMN	B	0.08%	0.05%	0.05%
EMR	D	0.15%	0.03%	0.03%
EOG	D	0.2%	0.02%	0.02%
EQH	C	0.05%	0.02%	0.02%
EQIX	B	0.08%	0.02%	0.02%
EQR	C	0.06%	0.03%	0.03%
ES	C	0.09%	0.01%	0.01%
ESS	C	0.04%	0.0%	0.0%
ETN	C	0.21%	0.05%	0.05%
ETR	A	0.11%	0.02%	0.02%
EVRG	B	0.07%	0.03%	0.03%
EXC	B	0.18%	0.03%	0.03%
EXPE	C	0.03%	0.02%	0.02%
FAF	C	0.04%	0.03%	0.03%
FANG	D	0.05%	0.03%	0.03%
FCNCA	D	0.02%	0.0%	0.0%
FDX	F	0.32%	0.04%	0.04%
FE	C	0.1%	0.01%	0.01%
FHN	D	0.03%	0.02%	0.02%
FIS	B	0.13%	0.03%	0.03%
FITB	B	0.13%	0.01%	0.01%
FLEX	C	0.05%	0.0%	0.0%
FOXA	B	0.09%	0.04%	0.04%
FTNT	B	0.03%	0.03%	0.03%
FTV	C	0.03%	0.03%	0.03%
G	C	0.02%	0.02%	0.02%
GD	B	0.23%	0.02%	0.02%
GE	A	0.18%	0.03%	0.03%
GILD	B	0.35%	0.07%	0.07%
GIS	B	0.13%	0.01%	0.01%
GLPI	C	0.02%	0.02%	0.02%
GM	B	0.69%	0.01%	0.01%
GOOGL	D	1.22%	0.03%	0.03%
GPN	D	0.08%	0.02%	0.02%
GS	C	0.56%	0.05%	0.05%
GWW	A	0.07%	0.03%	0.03%
GXO	D	0.02%	0.02%	0.02%
HAL	F	0.06%	0.03%	0.03%
HAS	B	0.04%	0.03%	0.03%
HBAN	B	0.07%	0.02%	0.02%
HCA	A	0.25%	0.04%	0.04%
HD	A	0.78%	0.01%	0.01%
HES	D	0.04%	0.02%	0.02%
HII	D	0.04%	0.02%	0.02%
HOG	C	0.02%	0.02%	0.02%
HON	D	0.34%	0.04%	0.04%
HPE	D	0.18%	0.03%	0.03%
HPQ	D	0.2%	0.1%	0.1%
HRB	C	0.02%	0.02%	0.02%
HRL	D	0.03%	0.05%	0.03%
HST	C	0.04%	0.02%	0.02%
HSY	D	0.04%	0.01%	0.01%
HUBB	A	0.03%	0.02%	0.02%
HUM	F	0.21%	0.01%	0.01%
IBM	A	0.61%	0.03%	0.03%
ICE	C	0.13%	0.02%	0.02%
IFF	C	0.06%	0.03%	0.03%
ILMN	C	0.03%	0.02%	0.02%
INTC	F	0.6%	0.02%	0.02%
INTU	C	0.11%	0.02%	0.02%
IP	C	0.15%	0.03%	0.03%
ITW	C	0.15%	0.04%	0.04%
IVZ	B	0.04%	0.0%	0.0%
JBHT	D	0.04%	0.04%	0.04%
JBL	D	0.05%	0.03%	0.03%
JCI	B	0.15%	0.03%	0.03%
JEF	B	0.05%	0.04%	0.04%
JHG	B	0.03%	0.03%	0.03%
JNJ	C	1.0%	0.02%	0.02%
JNPR	A	0.05%	0.02%	0.02%
JPM	D	1.94%	0.02%	0.02%
K	A	0.07%	0.02%	0.02%
KDP	B	0.08%	0.02%	0.02%
KEY	B	0.1%	0.03%	0.03%
KEYS	C	0.03%	0.03%	0.03%
KIM	C	0.03%	0.0%	0.0%
KLAC	D	0.1%	0.07%	0.07%
KMB	D	0.11%	0.02%	0.02%
KMI	A	0.19%	0.01%	0.01%
KO	B	0.43%	0.05%	0.05%
KR	C	0.3%	0.02%	0.02%
KSS	F	0.07%	0.02%	0.02%
L	D	0.05%	0.02%	0.02%
LDOS	B	0.08%	0.03%	0.03%
LEG	D	0.01%	0.02%	0.01%
LEN	C	0.19%	0.02%	0.02%
LHX	C	0.16%	0.03%	0.03%
LII	B	0.03%	0.03%	0.03%
LIN	B	0.35%	0.0%	0.0%
LLY	C	0.27%	0.02%	0.02%
LMT	B	0.4%	0.02%	0.02%
LNC	D	0.05%	0.02%	0.02%
LNT	B	0.04%	0.02%	0.02%
LOW	A	0.42%	0.01%	0.01%
LRCX	F	0.16%	0.01%	0.01%
LUV	C	0.02%	0.04%	0.02%
LVS	D	0.03%	0.03%	0.03%
LYB	F	0.16%	0.02%	0.02%
MA	B	0.28%	0.04%	0.04%
MAA	C	0.04%	0.01%	0.01%
MAR	C	0.08%	0.02%	0.02%
MCD	B	0.34%	0.01%	0.01%
MCHP	D	0.05%	0.05%	0.05%
MCK	F	0.1%	0.01%	0.01%
MCO	A	0.08%	0.02%	0.02%
MDLZ	C	0.23%	0.03%	0.03%
MDT	C	0.27%	0.1%	0.1%
MET	A	0.26%	0.02%	0.02%
MHK	C	0.07%	0.03%	0.03%
MKC	C	0.04%	0.03%	0.03%
MLM	D	0.04%	0.04%	0.04%
MMC	C	0.15%	0.02%	0.02%
MMM	A	0.4%	0.02%	0.02%
MO	C	0.39%	0.02%	0.02%
MOS	F	0.05%	0.04%	0.04%
MPC	D	0.41%	0.03%	0.03%
MRK	D	0.51%	0.05%	0.05%
MRVL	C	0.04%	0.02%	0.02%
MS	C	0.35%	0.03%	0.03%
MSFT	C	2.54%	0.05%	0.05%
MSI	B	0.06%	0.03%	0.03%
MTB	A	0.09%	0.01%	0.01%
MU	F	0.35%	0.03%	0.03%
NDAQ	A	0.03%	0.02%	0.02%
NEE	C	0.29%	0.0%	0.0%
NEM	B	0.19%	0.01%	0.01%
NFG	B	0.02%	0.01%	0.01%
NI	B	0.05%	0.06%	0.05%
NKE	D	0.18%	0.01%	0.01%
NOC	A	0.21%	0.04%	0.04%
NSC	C	0.21%	0.0%	0.0%
NTAP	D	0.08%	0.02%	0.02%
NTRS	B	0.07%	0.04%	0.04%
NUE	F	0.18%	0.02%	0.02%
NVDA	D	0.38%	0.03%	0.03%
NXPI	D	0.08%	0.02%	0.02%
O	C	0.04%	0.01%	0.01%
OC	D	0.06%	0.02%	0.02%
OGE	B	0.03%	0.01%	0.01%
OKE	B	0.13%	0.0%	0.0%
OMC	B	0.08%	0.02%	0.02%
ORCL	B	0.47%	0.06%	0.06%
ORI	B	0.05%	0.03%	0.03%
ORLY	D	0.1%	0.02%	0.02%
OTIS	C	0.05%	0.07%	0.05%
PCAR	D	0.13%	0.0%	0.0%
PCG	B	0.03%	0.02%	0.02%
PEG	A	0.11%	0.02%	0.02%
PEP	D	0.45%	0.02%	0.02%
PFE	C	0.75%	0.03%	0.03%
PFG	B	0.08%	0.02%	0.02%
PG	C	0.84%	0.02%	0.02%
PH	A	0.12%	0.04%	0.04%
PHM	B	0.13%	0.03%	0.03%
PKG	B	0.07%	0.02%	0.02%
PM	C	0.51%	0.02%	0.02%
PNC	A	0.29%	0.02%	0.02%
PNW	B	0.04%	0.02%	0.02%
PPG	D	0.08%	0.01%	0.01%
PPL	B	0.11%	0.04%	0.04%
PRU	C	0.23%	0.01%	0.01%
PSA	B	0.06%	0.01%	0.01%
PSX	D	0.36%	0.01%	0.01%
PVH	F	0.04%	0.03%	0.03%
PYPL	B	0.19%	0.03%	0.03%
QCOM	F	0.47%	0.02%	0.02%
R	B	0.06%	0.02%	0.02%
RF	B	0.08%	0.05%	0.05%
RGA	B	0.04%	0.02%	0.02%
RL	B	0.03%	0.03%	0.03%
ROK	F	0.05%	0.02%	0.02%
ROP	C	0.05%	0.01%	0.01%
ROST	C	0.08%	0.02%	0.02%
RPM	B	0.04%	0.02%	0.02%
RS	D	0.08%	0.02%	0.02%
RSG	D	0.07%	0.01%	0.01%
RTX	C	0.37%	0.02%	0.02%
SBUX	C	0.27%	0.04%	0.04%
SCHW	D	0.1%	0.01%	0.01%
SHW	B	0.09%	0.02%	0.02%
SJM	C	0.06%	0.05%	0.05%
SLB	F	0.11%	0.02%	0.02%
SLG	B	0.03%	0.02%	0.02%
SNV	C	0.02%	0.02%	0.02%
SNX	D	0.02%	0.03%	0.02%
SO	A	0.29%	0.0%	0.0%
SPG	A	0.11%	0.02%	0.02%
SPGI	A	0.15%	0.04%	0.04%
SRE	B	0.12%	0.02%	0.02%
STLD	D	0.09%	0.02%	0.02%
STT	B	0.09%	0.01%	0.01%
STZ	D	0.08%	0.02%	0.02%
SWK	B	0.08%	0.03%	0.03%
SWKS	F	0.05%	0.03%	0.03%
SYF	C	0.27%	0.05%	0.05%
SYK	C	0.13%	0.02%	0.02%
SYY	D	0.1%	0.02%	0.02%
T	C	1.37%	0.01%	0.01%
TAP	D	0.05%	0.08%	0.05%
TDY	C	0.02%	0.02%	0.02%
TEL	D	0.11%	0.03%	0.03%
TFC	D	0.22%	0.02%	0.02%
TGT	C	0.37%	0.05%	0.05%
THG	C	0.02%	0.03%	0.02%
TJX	C	0.24%	0.02%	0.02%
TKR	D	0.02%	0.02%	0.02%
TMO	C	0.29%	0.03%	0.03%
TMUS	C	0.24%	0.06%	0.06%
TPR	C	0.04%	0.03%	0.03%
TRMB	C	0.03%	0.02%	0.02%
TSN	D	0.2%	0.02%	0.02%
TT	A	0.09%	0.03%	0.03%
TXN	C	0.34%	0.0%	0.0%
TXT	D	0.06%	0.0%	0.0%
UHS	B	0.1%	0.04%	0.04%
UNH	C	1.25%	0.01%	0.01%
UNM	B	0.05%	0.02%	0.02%
UNP	C	0.4%	0.0%	0.0%
UPS	F	0.25%	0.02%	0.02%
USB	B	0.3%	0.03%	0.03%
V	C	0.35%	0.09%	0.09%
VFC	C	0.06%	0.04%	0.04%
VLO	F	0.38%	0.03%	0.03%
VMC	D	0.04%	0.03%	0.03%
VNO	B	0.05%	0.01%	0.01%
VOYA	B	0.03%	0.02%	0.02%
VRSK	D	0.04%	0.05%	0.04%
VRSN	D	0.01%	0.03%	0.01%
VTR	C	0.09%	0.01%	0.01%
VZ	B	1.32%	0.02%	0.02%
WAB	A	0.06%	0.02%	0.02%
WBA	F	0.14%	0.06%	0.06%
WEC	B	0.08%	0.02%	0.02%
WELL	C	0.11%	0.0%	0.0%
WFC	D	1.06%	0.02%	0.02%
WHR	C	0.06%	0.0%	0.0%
WLK	D	0.02%	0.04%	0.02%
WM	D	0.15%	0.02%	0.02%
WMB	B	0.15%	0.03%	0.03%
WMT	B	1.51%	0.03%	0.03%
WPC	C	0.02%	0.02%	0.02%
WU	D	0.04%	0.0%	0.0%
XEL	B	0.12%	0.02%	0.02%
XOM	D	1.92%	0.03%	0.03%
ZBH	F	0.05%	0.01%	0.01%
ZTS	C	0.08%	0.02%	0.02%

FNDX Overweight 350 Positions Relative to SCHJ

Symbol	Grade	Weight
BRK.A	C	2.29%
META	A	1.85%
GOOG	D	1.06%
LUMN	C	0.57%
ELV	C	0.5%
ACN	C	0.34%
F	F	0.31%
TRV	B	0.3%
PGR	A	0.26%
CNC	C	0.25%
TSLA	C	0.19%
BBY	C	0.19%
CTSH	C	0.18%
REGN	C	0.16%
NFLX	B	0.15%
HIG	B	0.15%
GLW	B	0.14%
BKR	C	0.14%
WDC	D	0.13%
FCX	D	0.13%
URI	B	0.12%
CBRE	A	0.12%
NRG	A	0.11%
KHC	C	0.11%
SW	C	0.11%
OXY	F	0.11%
BX	B	0.11%
KKR	A	0.11%
VST	A	0.11%
TROW	D	0.11%
VTRS	D	0.1%
CEG	A	0.1%
STX	C	0.1%
ISRG	C	0.09%
CTAS	C	0.09%
JLL	B	0.09%
WY	C	0.09%
ECL	A	0.09%
PARA	F	0.09%
AMD	D	0.09%
IRM	B	0.08%
VRTX	D	0.08%
TDG	B	0.08%
MRO	C	0.08%
THC	B	0.08%
YUM	F	0.08%
NVR	B	0.08%
PLD	C	0.08%
IQV	D	0.08%
OGN	D	0.07%
KMX	D	0.07%
FAST	C	0.07%
DVA	B	0.07%
FNF	B	0.07%
WTW	C	0.07%
GEHC	C	0.07%
CINF	C	0.07%
USFD	B	0.07%
CHRW	A	0.07%
X	D	0.07%
EME	A	0.06%
CDW	D	0.06%
MAS	B	0.06%
TOL	B	0.06%
HLT	B	0.06%
WBD	D	0.06%
TSCO	C	0.06%
TRGP	B	0.06%
PAYX	C	0.06%
HWM	B	0.06%
BALL	C	0.06%
PWR	B	0.06%
AFG	B	0.05%
GRMN	D	0.05%
AA	D	0.05%
GPI	B	0.05%
INGR	B	0.05%
DRI	B	0.05%
AME	C	0.05%
ACGL	B	0.05%
SIRI	C	0.05%
GEV	B	0.05%
DKS	D	0.05%
TER	D	0.05%
SFM	B	0.05%
ODFL	D	0.05%
MUSA	D	0.05%
KD	D	0.05%
DINO	F	0.05%
CCL	C	0.05%
QRVO	F	0.05%
MAN	C	0.05%
ZION	D	0.05%
CPAY	C	0.05%
OMF	D	0.05%
LKQ	F	0.05%
MOH	D	0.05%
LNG	C	0.05%
PFGC	B	0.05%
LAD	C	0.05%
WSM	D	0.05%
MGM	D	0.05%
M	F	0.05%
AJG	D	0.05%
LEA	F	0.05%
GPC	D	0.05%
CASY	D	0.05%
J	C	0.05%
ZBRA	B	0.04%
MTD	D	0.04%
DPZ	D	0.04%
PNR	B	0.04%
MTH	C	0.04%
ANET	A	0.04%
WRB	C	0.04%
SLM	D	0.04%
AYI	A	0.04%
UBER	C	0.04%
WAT	C	0.04%
BAH	B	0.04%
CMG	C	0.04%
BAP	B	0.04%
EW	F	0.04%
TMHC	B	0.04%
ON	F	0.04%
XYL	D	0.04%
THO	D	0.04%
BLDR	C	0.04%
SSNC	B	0.04%
JXN	B	0.04%
EXR	B	0.04%
IPG	C	0.04%
RMD	C	0.04%
CCK	A	0.04%
MRNA	F	0.04%
FYBR	C	0.04%
DOX	C	0.04%
KNX	D	0.04%
MNST	D	0.04%
EVR	A	0.04%
GAP	F	0.04%
RJF	C	0.04%
SOLV	C	0.04%
NWSA	D	0.04%
HSIC	D	0.04%
AVY	D	0.04%
ACM	B	0.04%
ALSN	B	0.04%
ZIM	C	0.04%
HOLX	C	0.04%
SNA	C	0.04%
TDS	C	0.04%
MKL	C	0.04%
OVV	F	0.04%
UGI	C	0.04%
AOS	D	0.03%
SKX	D	0.03%
AAP	F	0.03%
REG	C	0.03%
CG	D	0.03%
ITT	B	0.03%
CPRI	D	0.03%
MTG	B	0.03%
IDXX	D	0.03%
GDDY	C	0.03%
CW	A	0.03%
CIEN	C	0.03%
FLR	D	0.03%
UDR	C	0.03%
GNTX	D	0.03%
EWBC	D	0.03%
CLF	F	0.03%
SCI	C	0.03%
SON	D	0.03%
EG	C	0.03%
SAIC	C	0.03%
LPLA	F	0.03%
AVTR	C	0.03%
SUI	C	0.03%
CMC	D	0.03%
SWN	D	0.03%
BPOP	C	0.03%
RRX	C	0.03%
PBF	F	0.03%
AGCO	D	0.03%
MSCI	C	0.03%
NWL	D	0.03%
TRU	B	0.03%
GT	F	0.03%
FMC	C	0.03%
ULTA	D	0.03%
KVUE	C	0.03%
INVH	C	0.03%
CRBG	D	0.03%
OLN	D	0.03%
SNPS	D	0.03%
CHKP	A	0.03%
MLI	B	0.03%
IR	C	0.03%
APA	F	0.03%
CDNS	D	0.03%
FFIV	B	0.03%
GNW	B	0.03%
TPH	C	0.03%
APO	B	0.03%
MTZ	B	0.03%
WCC	D	0.03%
ARMK	C	0.03%
GL	C	0.03%
NXST	D	0.03%
KBH	B	0.03%
SANM	D	0.03%
RHI	D	0.03%
DECK	D	0.03%
PANW	C	0.03%
STE	C	0.03%
CCEP	B	0.03%
BURL	C	0.03%
HBI	B	0.03%
CACI	B	0.03%
WSO	C	0.03%
IT	A	0.03%
BCC	C	0.03%
UFPI	C	0.03%
GPK	B	0.03%
OSK	D	0.03%
FL	D	0.03%
EQT	D	0.03%
HUN	D	0.03%
LPX	B	0.03%
AKAM	D	0.03%
EPAM	F	0.02%
OI	D	0.02%
WST	D	0.02%
UNFI	C	0.02%
CBOE	C	0.02%
CZR	C	0.02%
MIDD	D	0.02%
CNX	A	0.02%
FTI	D	0.02%
CAR	F	0.02%
BECN	D	0.02%
LECO	F	0.02%
SM	D	0.02%
ICLR	D	0.02%
WERN	D	0.02%
CC	F	0.02%
LULU	D	0.02%
XRAY	D	0.02%
PENN	C	0.02%
FLO	C	0.02%
PRGO	F	0.02%
REZI	D	0.02%
MKSI	F	0.02%
SQ	D	0.02%
DAR	F	0.02%
CHK	D	0.02%
TGNA	C	0.02%
CYH	B	0.02%
ANSS	D	0.02%
TTC	D	0.02%
HUBG	C	0.02%
KBR	D	0.02%
FSLR	C	0.02%
ACI	F	0.02%
CRI	D	0.02%
GNRC	D	0.02%
TPX	C	0.02%
POR	C	0.02%
ASGN	D	0.02%
JWN	B	0.02%
GGG	C	0.02%
NDSN	C	0.02%
MUR	F	0.02%
UHAL	B	0.02%
RUSHA	C	0.02%
ASO	C	0.02%
PAG	D	0.02%
XRX	F	0.02%
EXPD	C	0.02%
BTU	D	0.02%
NVT	D	0.02%
POOL	D	0.02%
NAVI	C	0.02%
ALGN	D	0.02%
QRTEA	F	0.02%
ST	D	0.02%
DCI	D	0.02%
MPW	C	0.02%
SBAC	C	0.02%
STWD	B	0.02%
AR	D	0.02%
NOV	D	0.02%
POST	C	0.02%
AXTA	C	0.02%
TFX	C	0.02%
ABG	D	0.02%
ATR	B	0.02%
IEX	D	0.02%
BJ	D	0.02%
JKHY	C	0.02%
ABM	D	0.02%
PII	D	0.02%
MDU	B	0.02%
CTLT	B	0.02%
CPRT	D	0.02%
PK	D	0.02%
BBWI	F	0.02%
PRI	B	0.02%
SEIC	C	0.02%
EXP	B	0.02%
CPT	B	0.02%
NSIT	C	0.02%
VICI	C	0.02%
EHC	B	0.02%
SEE	D	0.02%
ALV	F	0.02%
LSTR	F	0.02%
TTWO	D	0.02%
LAMR	A	0.02%
HTZ	F	0.01%
ALK	C	0.01%
CNXC	F	0.01%
COHR	B	0.01%
MATX	C	0.01%
VSH	F	0.01%
ANDE	D	0.01%
DBX	D	0.01%
CRL	F	0.01%
MSM	D	0.01%
ARCH	F	0.01%
DK	F	0.01%
JAZZ	D	0.01%
WTRG	D	0.01%
VAC	F	0.01%
CHE	C	0.01%
LW	D	0.01%
MMS	C	0.01%
AEO	D	0.01%
ADNT	F	0.01%
TNL	D	0.01%
MTN	D	0.01%
LILAK	D	0.01%
BLD	D	0.01%
DAN	F	0.01%
ODP	F	0.01%
SPTN	C	0.01%
NOW	A	0.01%
BIG	F	0.0%
AAL	D	0.0%

FNDX Underweight 68 Positions Relative to SCHJ

Symbol	Grade	Weight
BABA	B	-0.09%
STLA	F	-0.07%
SF	A	-0.05%
BHP	D	-0.04%
RPRX	D	-0.04%
GSK	D	-0.04%
HP	D	-0.03%
KMPR	D	-0.03%
MAIN	B	-0.03%
GP	D	-0.03%
TME	F	-0.03%
WB	F	-0.03%
FRT	C	-0.03%
OPI	F	-0.03%
JD	C	-0.03%
AWH	F	-0.03%
VNT	F	-0.03%
BKU	D	-0.03%
EPD	B	-0.03%
ARCC	B	-0.03%
BIDU	F	-0.03%
HSBC	B	-0.03%
TSLX	D	-0.02%
TCPC	F	-0.02%
FNB	D	-0.02%
VLY	C	-0.02%
WAL	B	-0.02%
SBRA	C	-0.02%
OCSL	F	-0.02%
HTGC	D	-0.02%
NEU	D	-0.02%
BCSF	B	-0.02%
PSEC	C	-0.02%
AGO	C	-0.02%
RNR	B	-0.02%
KRC	B	-0.02%
GBDC	C	-0.02%
LAZ	A	-0.02%
GSBD	D	-0.02%
BKH	B	-0.02%
H	C	-0.02%
CNA	D	-0.02%
NNN	C	-0.02%
UAL	C	-0.02%
SITC	D	-0.02%
LH	C	-0.02%
AGR	B	-0.02%
CM	A	-0.02%
VOD	C	-0.02%
BNS	A	-0.02%
DB	B	-0.02%
RY	C	-0.02%
MUFG	D	-0.02%
NWG	C	-0.02%
PDM	C	-0.01%
OHI	C	-0.01%
CP	C	-0.01%
WRK	C	-0.01%
OGS	B	-0.01%
PAA	C	-0.01%
BMO	C	-0.01%
TD	A	-0.01%
AZN	D	-0.01%
SCCO	D	-0.0%
CUBE	B	-0.0%
BDN	C	-0.0%
FSK	A	-0.0%
MPLX	B	-0.0%