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

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* 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

$24.42

Average Daily Volume

88,949

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	SCHJ
30 Days	3.67%	-0.36%
60 Days	4.58%	-0.92%
90 Days	6.53%	0.10%
12 Months	29.67%	6.61%

368 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in SCHJ	Overlap
	A	D	0.05%	0.02%	0.02%
	AAPL	C	4.35%	0.04%	0.04%
	ABBV	D	0.49%	0.03%	0.03%
	ABT	B	0.34%	0.02%	0.02%
	ADBE	C	0.2%	0.01%	0.01%
	ADI	D	0.13%	0.02%	0.02%
	ADM	D	0.21%	0.02%	0.02%
	ADP	B	0.15%	0.05%	0.05%
	ADSK	A	0.03%	0.02%	0.02%
	AEE	A	0.07%	0.0%	0.0%
	AEP	D	0.16%	0.01%	0.01%
	AER	B	0.02%	0.02%	0.02%
	AES	F	0.05%	0.0%	0.0%
	AFL	B	0.21%	0.01%	0.01%
	AIG	B	0.28%	0.04%	0.04%
	AIZ	A	0.03%	0.02%	0.02%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.03%	0.01%	0.01%
	ALL	A	0.27%	0.03%	0.03%
	ALLE	D	0.01%	0.02%	0.01%
	ALLY	C	0.1%	0.03%	0.03%
	AMAT	F	0.24%	0.04%	0.04%
	AMCR	D	0.03%	0.03%	0.03%
	AMG	B	0.04%	0.01%	0.01%
	AMGN	D	0.39%	0.01%	0.01%
	AMP	A	0.15%	0.02%	0.02%
	AMT	D	0.11%	0.01%	0.01%
	AMZN	C	1.56%	0.04%	0.04%
	AN	C	0.05%	0.03%	0.03%
	AON	A	0.13%	0.02%	0.02%
	APD	A	0.13%	0.02%	0.02%
	APH	A	0.09%	0.0%	0.0%
	APTV	D	0.02%	0.01%	0.01%
	ARE	D	0.03%	0.02%	0.02%
	ARW	D	0.08%	0.01%	0.01%
	ATO	A	0.04%	0.05%	0.04%
	AVB	B	0.05%	0.01%	0.01%
	AVGO	D	0.61%	0.02%	0.02%
	AVT	C	0.07%	0.03%	0.03%
	AWK	D	0.04%	0.02%	0.02%
	AXP	A	0.36%	0.04%	0.04%
	AZO	C	0.06%	0.0%	0.0%
	BA	F	0.11%	0.01%	0.01%
	BAC	A	1.3%	0.03%	0.03%
	BAX	D	0.07%	0.03%	0.03%
	BC	C	0.03%	0.03%	0.03%
	BDX	F	0.11%	0.05%	0.05%
	BEN	C	0.04%	0.01%	0.01%
	BERY	B	0.04%	0.05%	0.04%
	BG	F	0.1%	0.02%	0.02%
	BIIB	F	0.09%	0.1%	0.09%
	BK	A	0.26%	0.01%	0.01%
	BKNG	A	0.24%	0.02%	0.02%
	BLK	C	0.28%	0.07%	0.07%
	BMY	B	0.45%	0.02%	0.02%
	BR	A	0.03%	0.02%	0.02%
	BRO	B	0.02%	0.01%	0.01%
	BRX	A	0.02%	0.0%	0.0%
	BSX	B	0.09%	0.0%	0.0%
	BWA	D	0.05%	0.03%	0.03%
	BXP	D	0.05%	0.02%	0.02%
	C	A	1.1%	0.03%	0.03%
	CAG	D	0.06%	0.01%	0.01%
	CAH	B	0.07%	0.02%	0.02%
	CARR	D	0.12%	0.1%	0.1%
	CAT	B	0.41%	0.02%	0.02%
	CB	C	0.26%	0.02%	0.02%
	CCI	D	0.09%	0.01%	0.01%
	CE	F	0.03%	0.03%	0.03%
	CF	B	0.07%	0.02%	0.02%
	CFG	B	0.1%	0.02%	0.02%
	CHD	B	0.04%	0.01%	0.01%
	CHTR	C	0.35%	0.06%	0.06%
	CI	F	0.48%	0.02%	0.02%
	CL	D	0.13%	0.0%	0.0%
	CLX	B	0.04%	0.03%	0.03%
	CMA	A	0.07%	0.04%	0.04%
	CMCSA	B	0.83%	0.01%	0.01%
	CME	A	0.08%	0.07%	0.07%
	CMI	A	0.19%	0.0%	0.0%
	CMS	C	0.06%	0.0%	0.0%
	CNH	C	0.02%	0.02%	0.02%
	CNO	A	0.04%	0.03%	0.03%
	CNP	B	0.06%	0.02%	0.02%
	COF	B	0.48%	0.01%	0.01%
	COP	C	0.48%	0.09%	0.09%
	COST	B	0.66%	0.0%	0.0%
	CPB	D	0.03%	0.01%	0.01%
	CRM	B	0.15%	0.02%	0.02%
	CSCO	B	0.82%	0.03%	0.03%
	CSL	C	0.05%	0.01%	0.01%
	CSX	B	0.22%	0.01%	0.01%
	CTRA	B	0.03%	0.0%	0.0%
	CTVA	C	0.09%	0.02%	0.02%
	CVS	D	0.68%	0.01%	0.01%
	CVX	A	1.25%	0.02%	0.02%
	D	C	0.17%	0.02%	0.02%
	DAL	C	0.03%	0.02%	0.02%
	DD	D	0.17%	0.09%	0.09%
	DE	A	0.23%	0.0%	0.0%
	DELL	C	0.03%	0.04%	0.03%
	DFS	B	0.26%	0.02%	0.02%
	DG	F	0.08%	0.03%	0.03%
	DGX	A	0.07%	0.03%	0.03%
	DHI	D	0.16%	0.02%	0.02%
	DHR	F	0.15%	0.01%	0.01%
	DIS	B	0.45%	0.04%	0.04%
	DLR	B	0.08%	0.03%	0.03%
	DLTR	F	0.05%	0.05%	0.05%
	DOC	D	0.03%	0.0%	0.0%
	DOV	A	0.06%	0.02%	0.02%
	DOW	F	0.18%	0.04%	0.04%
	DTE	C	0.07%	0.01%	0.01%
	DUK	C	0.3%	0.02%	0.02%
	DVN	F	0.09%	0.02%	0.02%
	DXC	B	0.05%	0.04%	0.04%
	EA	A	0.09%	0.03%	0.03%
	EBAY	D	0.17%	0.03%	0.03%
	ED	D	0.12%	0.03%	0.03%
	EFX	F	0.03%	0.01%	0.01%
	EIX	B	0.1%	0.0%	0.0%
	EL	F	0.03%	0.02%	0.02%
	EMN	D	0.08%	0.05%	0.05%
	EMR	A	0.17%	0.03%	0.03%
	EOG	A	0.23%	0.02%	0.02%
	EQH	B	0.05%	0.02%	0.02%
	EQIX	A	0.08%	0.02%	0.02%
	EQR	B	0.05%	0.03%	0.03%
	ES	D	0.08%	0.01%	0.01%
	ESS	B	0.03%	0.0%	0.0%
	ETN	A	0.23%	0.05%	0.05%
	ETR	B	0.12%	0.02%	0.02%
	EVRG	A	0.07%	0.03%	0.03%
	EXC	C	0.17%	0.03%	0.03%
	EXPE	B	0.04%	0.02%	0.02%
	FAF	A	0.04%	0.03%	0.03%
	FANG	D	0.05%	0.03%	0.03%
	FCNCA	A	0.02%	0.0%	0.0%
	FDX	B	0.32%	0.04%	0.04%
	FE	C	0.09%	0.01%	0.01%
	FHN	A	0.03%	0.02%	0.02%
	FIS	C	0.12%	0.03%	0.03%
	FITB	A	0.13%	0.01%	0.01%
	FLEX	A	0.06%	0.0%	0.0%
	FOXA	B	0.1%	0.04%	0.04%
	FTNT	C	0.03%	0.03%	0.03%
	FTV	C	0.03%	0.03%	0.03%
	G	B	0.03%	0.02%	0.02%
	GD	F	0.21%	0.02%	0.02%
	GE	D	0.15%	0.03%	0.03%
	GILD	C	0.37%	0.07%	0.07%
	GIS	D	0.11%	0.01%	0.01%
	GLPI	C	0.02%	0.02%	0.02%
	GM	B	0.79%	0.01%	0.01%
	GOOGL	C	1.33%	0.03%	0.03%
	GPN	B	0.09%	0.02%	0.02%
	GS	A	0.62%	0.05%	0.05%
	GWW	B	0.08%	0.03%	0.03%
	GXO	B	0.02%	0.02%	0.02%
	HAL	C	0.06%	0.03%	0.03%
	HAS	D	0.03%	0.03%	0.03%
	HBAN	A	0.08%	0.02%	0.02%
	HCA	F	0.2%	0.04%	0.04%
	HD	A	0.8%	0.01%	0.01%
	HES	B	0.06%	0.02%	0.02%
	HII	D	0.03%	0.02%	0.02%
	HOG	D	0.02%	0.02%	0.02%
	HON	B	0.37%	0.04%	0.04%
	HPE	B	0.21%	0.03%	0.03%
	HPQ	B	0.21%	0.1%	0.1%
	HRB	D	0.01%	0.02%	0.01%
	HRL	D	0.03%	0.05%	0.03%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.04%	0.01%	0.01%
	HUBB	B	0.03%	0.02%	0.02%
	HUM	C	0.19%	0.01%	0.01%
	IBM	C	0.54%	0.03%	0.03%
	ICE	C	0.11%	0.02%	0.02%
	IFF	D	0.05%	0.03%	0.03%
	ILMN	D	0.03%	0.02%	0.02%
	INTC	D	0.89%	0.02%	0.02%
	INTU	C	0.11%	0.02%	0.02%
	IP	B	0.17%	0.03%	0.03%
	ITW	B	0.15%	0.04%	0.04%
	IVZ	B	0.05%	0.0%	0.0%
	JBHT	C	0.05%	0.04%	0.04%
	JBL	B	0.06%	0.03%	0.03%
	JCI	C	0.16%	0.03%	0.03%
	JEF	A	0.06%	0.04%	0.04%
	JHG	A	0.03%	0.03%	0.03%
	JNJ	D	0.89%	0.02%	0.02%
	JNPR	F	0.05%	0.02%	0.02%
	JPM	A	2.03%	0.02%	0.02%
	K	A	0.07%	0.02%	0.02%
	KDP	D	0.07%	0.02%	0.02%
	KEY	B	0.1%	0.03%	0.03%
	KEYS	A	0.04%	0.03%	0.03%
	KIM	A	0.03%	0.0%	0.0%
	KLAC	D	0.08%	0.07%	0.07%
	KMB	D	0.1%	0.02%	0.02%
	KMI	A	0.23%	0.01%	0.01%
	KO	D	0.35%	0.05%	0.05%
	KR	B	0.3%	0.02%	0.02%
	KSS	F	0.06%	0.02%	0.02%
	L	A	0.05%	0.02%	0.02%
	LDOS	C	0.07%	0.03%	0.03%
	LEG	F	0.02%	0.02%	0.02%
	LEN	D	0.16%	0.02%	0.02%
	LH	C	0.09%	0.02%	0.02%
	LHX	C	0.16%	0.03%	0.03%
	LII	A	0.03%	0.03%	0.03%
	LIN	D	0.33%	0.0%	0.0%
	LLY	F	0.2%	0.02%	0.02%
	LMT	D	0.37%	0.02%	0.02%
	LNC	B	0.05%	0.02%	0.02%
	LNT	A	0.04%	0.02%	0.02%
	LOW	D	0.43%	0.01%	0.01%
	LRCX	F	0.15%	0.01%	0.01%
	LUV	C	0.02%	0.04%	0.02%
	LVS	C	0.04%	0.03%	0.03%
	LYB	F	0.14%	0.02%	0.02%
	MA	C	0.29%	0.04%	0.04%
	MAA	B	0.03%	0.01%	0.01%
	MAR	B	0.09%	0.02%	0.02%
	MCD	D	0.34%	0.01%	0.01%
	MCHP	D	0.05%	0.05%	0.05%
	MCK	B	0.11%	0.01%	0.01%
	MCO	B	0.07%	0.02%	0.02%
	MDLZ	F	0.2%	0.03%	0.03%
	MDT	D	0.16%	0.1%	0.1%
	MET	A	0.26%	0.02%	0.02%
	MHK	D	0.06%	0.03%	0.03%
	MKC	D	0.03%	0.03%	0.03%
	MLM	B	0.04%	0.04%	0.04%
	MMC	B	0.14%	0.02%	0.02%
	MMM	D	0.35%	0.02%	0.02%
	MO	A	0.37%	0.02%	0.02%
	MOS	F	0.06%	0.04%	0.04%
	MPC	D	0.4%	0.03%	0.03%
	MRK	F	0.42%	0.05%	0.05%
	MRVL	B	0.04%	0.02%	0.02%
	MS	A	0.46%	0.03%	0.03%
	MSFT	F	2.43%	0.05%	0.05%
	MSI	B	0.07%	0.03%	0.03%
	MTB	A	0.11%	0.01%	0.01%
	MU	D	0.38%	0.03%	0.03%
	NDAQ	A	0.03%	0.02%	0.02%
	NEE	D	0.24%	0.0%	0.0%
	NEM	D	0.13%	0.01%	0.01%
	NFG	A	0.02%	0.01%	0.01%
	NI	A	0.05%	0.06%	0.05%
	NKE	D	0.19%	0.01%	0.01%
	NOC	D	0.2%	0.04%	0.04%
	NSC	B	0.21%	0.0%	0.0%
	NTAP	C	0.07%	0.02%	0.02%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.19%	0.02%	0.02%
	NVDA	C	0.4%	0.03%	0.03%
	NXPI	D	0.05%	0.02%	0.02%
	O	D	0.04%	0.01%	0.01%
	OC	A	0.07%	0.02%	0.02%
	OGE	B	0.03%	0.01%	0.01%
	OKE	A	0.14%	0.0%	0.0%
	OMC	C	0.08%	0.02%	0.02%
	ORCL	B	0.5%	0.06%	0.06%
	ORI	A	0.05%	0.03%	0.03%
	ORLY	B	0.11%	0.02%	0.02%
	OTIS	C	0.05%	0.07%	0.05%
	PCAR	B	0.15%	0.0%	0.0%
	PCG	A	0.03%	0.02%	0.02%
	PEG	A	0.11%	0.02%	0.02%
	PEP	F	0.41%	0.02%	0.02%
	PFE	D	0.68%	0.03%	0.03%
	PFG	D	0.09%	0.02%	0.02%
	PG	A	0.77%	0.02%	0.02%
	PH	A	0.13%	0.04%	0.04%
	PHM	D	0.11%	0.03%	0.03%
	PKG	A	0.07%	0.02%	0.02%
	PM	B	0.48%	0.02%	0.02%
	PNC	B	0.3%	0.02%	0.02%
	PNW	B	0.04%	0.02%	0.02%
	PPG	F	0.08%	0.01%	0.01%
	PPL	B	0.11%	0.04%	0.04%
	PRU	A	0.22%	0.01%	0.01%
	PSA	D	0.05%	0.01%	0.01%
	PSX	C	0.36%	0.01%	0.01%
	PVH	C	0.04%	0.03%	0.03%
	PYPL	B	0.22%	0.03%	0.03%
	QCOM	F	0.43%	0.02%	0.02%
	R	B	0.07%	0.02%	0.02%
	RF	A	0.09%	0.05%	0.05%
	RGA	A	0.04%	0.02%	0.02%
	RL	B	0.03%	0.03%	0.03%
	ROK	B	0.06%	0.02%	0.02%
	ROP	B	0.05%	0.01%	0.01%
	ROST	C	0.07%	0.02%	0.02%
	RPM	A	0.04%	0.02%	0.02%
	RS	B	0.09%	0.02%	0.02%
	RSG	A	0.06%	0.01%	0.01%
	RTX	C	0.34%	0.02%	0.02%
	SBUX	A	0.28%	0.04%	0.04%
	SCHW	B	0.13%	0.01%	0.01%
	SHW	A	0.08%	0.02%	0.02%
	SJM	D	0.05%	0.05%	0.05%
	SLB	C	0.12%	0.02%	0.02%
	SLG	B	0.02%	0.02%	0.02%
	SNV	B	0.03%	0.02%	0.02%
	SNX	C	0.03%	0.03%	0.03%
	SO	D	0.26%	0.0%	0.0%
	SPG	B	0.1%	0.02%	0.02%
	SPGI	C	0.15%	0.04%	0.04%
	SRE	A	0.13%	0.02%	0.02%
	STLD	B	0.11%	0.02%	0.02%
	STT	A	0.1%	0.01%	0.01%
	STZ	D	0.07%	0.02%	0.02%
	SWK	D	0.07%	0.03%	0.03%
	SWKS	F	0.04%	0.03%	0.03%
	SYF	B	0.34%	0.05%	0.05%
	SYK	C	0.13%	0.02%	0.02%
	SYY	B	0.1%	0.02%	0.02%
	T	A	1.27%	0.01%	0.01%
	TAP	C	0.05%	0.08%	0.05%
	TDY	B	0.03%	0.02%	0.02%
	TFC	A	0.23%	0.02%	0.02%
	TGT	F	0.38%	0.05%	0.05%
	THG	A	0.03%	0.03%	0.03%
	TJX	A	0.22%	0.02%	0.02%
	TKR	D	0.02%	0.02%	0.02%
	TMO	F	0.25%	0.03%	0.03%
	TMUS	B	0.25%	0.06%	0.06%
	TPR	B	0.05%	0.03%	0.03%
	TRMB	B	0.03%	0.02%	0.02%
	TSN	B	0.2%	0.02%	0.02%
	TT	A	0.06%	0.03%	0.03%
	TXN	C	0.34%	0.0%	0.0%
	TXT	D	0.06%	0.0%	0.0%
	UHS	D	0.08%	0.04%	0.04%
	UNH	C	1.22%	0.01%	0.01%
	UNM	A	0.06%	0.02%	0.02%
	UNP	C	0.35%	0.0%	0.0%
	UPS	C	0.28%	0.02%	0.02%
	USB	A	0.32%	0.03%	0.03%
	V	A	0.36%	0.09%	0.09%
	VFC	C	0.07%	0.04%	0.04%
	VLO	C	0.39%	0.03%	0.03%
	VMC	B	0.05%	0.03%	0.03%
	VNO	B	0.05%	0.01%	0.01%
	VOYA	B	0.03%	0.02%	0.02%
	VRSK	A	0.04%	0.05%	0.04%
	VRSN	F	0.01%	0.03%	0.01%
	VTR	C	0.08%	0.01%	0.01%
	VZ	C	1.13%	0.02%	0.02%
	WAB	B	0.06%	0.02%	0.02%
	WBA	F	0.17%	0.06%	0.06%
	WEC	A	0.08%	0.02%	0.02%
	WELL	A	0.1%	0.0%	0.0%
	WFC	A	1.35%	0.02%	0.02%
	WHR	B	0.08%	0.0%	0.0%
	WLK	D	0.02%	0.04%	0.02%
	WM	A	0.15%	0.02%	0.02%
	WMB	A	0.17%	0.03%	0.03%
	WMT	A	1.47%	0.03%	0.03%
	WPC	D	0.02%	0.02%	0.02%
	WU	D	0.03%	0.0%	0.0%
	XEL	A	0.12%	0.02%	0.02%
	XOM	B	1.99%	0.03%	0.03%
	ZBH	C	0.05%	0.01%	0.01%
	ZTS	D	0.07%	0.02%	0.02%

FNDX Overweight 353 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BRK.A	B	2.17%
	META	D	1.79%
	GOOG	C	1.14%
	LUMN	C	0.65%
	ACN	C	0.36%
	ELV	F	0.36%
	F	C	0.33%
	TRV	B	0.31%
	TSLA	B	0.28%
	PGR	A	0.23%
	CTSH	B	0.19%
	CNC	D	0.19%
	NFLX	A	0.17%
	VST	B	0.16%
	BKR	B	0.16%
	BBY	D	0.16%
	FCX	D	0.14%
	GLW	B	0.14%
	HIG	B	0.14%
	TROW	B	0.13%
	BX	A	0.13%
	CBRE	B	0.13%
	FI	A	0.13%
	URI	B	0.13%
	WDC	D	0.12%
	KKR	A	0.12%
	PARA	C	0.11%
	OXY	D	0.11%
	VTRS	A	0.1%
	REGN	F	0.1%
	CEG	D	0.1%
	NRG	B	0.1%
	MRO	B	0.09%
	SW	A	0.09%
	ISRG	A	0.09%
	STX	D	0.09%
	WY	D	0.09%
	AMD	F	0.09%
	GEHC	F	0.09%
	KHC	F	0.09%
	NVR	D	0.08%
	USFD	A	0.08%
	CHRW	C	0.08%
	YUM	B	0.08%
	WKC	D	0.08%
	CTAS	B	0.08%
	ECL	D	0.08%
	JLL	D	0.08%
	WBD	C	0.08%
	IQV	D	0.07%
	HWM	A	0.07%
	WTW	B	0.07%
	TRGP	B	0.07%
	THC	D	0.07%
	PWR	A	0.07%
	PLD	D	0.07%
	CINF	A	0.07%
	X	C	0.07%
	LAD	A	0.07%
	VRTX	F	0.07%
	FAST	B	0.07%
	SNA	A	0.06%
	OVV	B	0.06%
	TOL	B	0.06%
	M	D	0.06%
	ODFL	B	0.06%
	MGM	D	0.06%
	DVA	B	0.06%
	TSCO	D	0.06%
	CPAY	A	0.06%
	BLDR	D	0.06%
	BALL	D	0.06%
	AA	B	0.06%
	ZION	B	0.06%
	OMF	A	0.06%
	LNG	B	0.06%
	CCL	B	0.06%
	IRM	D	0.06%
	PFGC	B	0.06%
	HLT	A	0.06%
	EME	C	0.06%
	FNF	B	0.06%
	PAYX	C	0.06%
	TDG	D	0.06%
	KMX	B	0.06%
	MOH	F	0.05%
	ACM	A	0.05%
	MNST	C	0.05%
	AFG	A	0.05%
	INGR	B	0.05%
	MKL	A	0.05%
	DRI	B	0.05%
	AJG	B	0.05%
	GPC	D	0.05%
	KD	B	0.05%
	ALSN	B	0.05%
	LEA	D	0.05%
	TDS	B	0.05%
	GPI	A	0.05%
	CASY	A	0.05%
	DINO	D	0.05%
	MAS	D	0.05%
	J	F	0.05%
	AME	A	0.05%
	SFM	A	0.05%
	RJF	A	0.05%
	LKQ	D	0.05%
	BFH	B	0.05%
	KVUE	A	0.05%
	ANET	C	0.04%
	FBIN	D	0.04%
	UBER	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%
	AVY	D	0.04%
	IPG	D	0.04%
	ZIM	C	0.04%
	UFPI	B	0.04%
	PNR	A	0.04%
	FYBR	D	0.04%
	CMG	B	0.04%
	ON	D	0.04%
	DOX	D	0.04%
	CRBG	B	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%
	DKS	C	0.04%
	GT	C	0.04%
	HOLX	D	0.04%
	RHI	B	0.04%
	HSIC	B	0.04%
	EW	C	0.04%
	GEN	B	0.04%
	MUSA	A	0.04%
	LPLA	A	0.04%
	NWSA	B	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%
	EQT	B	0.04%
	GEV	B	0.04%
	UGI	A	0.04%
	CDW	F	0.04%
	EXP	A	0.03%
	SEE	C	0.03%
	LSTR	D	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%
	ACI	C	0.03%
	MRNA	F	0.03%
	ACGL	D	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%
	CW	B	0.03%
	TPH	D	0.03%
	GDDY	A	0.03%
	FLR	B	0.03%
	STE	F	0.03%
	APO	B	0.03%
	ABG	B	0.03%
	SEIC	B	0.03%
	MSCI	C	0.03%
	TTWO	A	0.03%
	QRVO	F	0.03%
	MTD	D	0.03%
	ARMK	B	0.03%
	CAR	C	0.03%
	GPK	C	0.03%
	EXR	D	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%
	CLF	F	0.03%
	XYL	D	0.03%
	SNPS	B	0.03%
	EWBC	A	0.03%
	CIEN	B	0.03%
	ULTA	F	0.03%
	GNW	A	0.03%
	NXST	C	0.03%
	GRMN	B	0.03%
	FFIV	B	0.03%
	CG	A	0.03%
	HUN	F	0.03%
	CMC	B	0.03%
	OLN	D	0.03%
	IT	C	0.03%
	DECK	A	0.03%
	PANW	C	0.03%
	DPZ	C	0.03%
	BAH	F	0.03%
	WSO	A	0.03%
	RMD	C	0.03%
	IR	B	0.03%
	CDNS	B	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	WRB	A	0.03%
	SANM	B	0.03%
	NWL	B	0.03%
	HBI	B	0.03%
	GL	B	0.03%
	MLI	C	0.03%
	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%
	BPOP	B	0.02%
	CHKP	D	0.02%
	TFX	F	0.02%
	ARCH	B	0.02%
	MIDD	C	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%
	WERN	C	0.02%
	LW	C	0.02%
	OI	C	0.02%
	POST	C	0.02%
	ANSS	B	0.02%
	ASGN	F	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%
	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%
	GGG	B	0.02%
	CTLT	B	0.02%
	PENN	C	0.02%
	IDXX	F	0.02%
	JKHY	D	0.02%
	CPT	B	0.02%
	POOL	C	0.02%
	ALGN	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	NVT	B	0.02%
	AVTR	F	0.02%
	AOS	F	0.02%
	BECN	B	0.02%
	SKX	D	0.02%
	CC	C	0.02%
	SUI	D	0.02%
	LAMR	D	0.02%
	REG	B	0.02%
	PK	B	0.02%
	UDR	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%
	GNRC	B	0.02%
	COR	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%
	CBOE	B	0.01%
	FSLR	F	0.01%
	NOW	A	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%
	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 68 Positions Relative to SCHJ

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

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Computing Electronics Financial Products Insurance Products Cash Management Aerospace Chemical Commercial Banking Semiconductor Disability