FNDX vs. SPXL ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Direxion Daily S&P 500 Bull 3X Shares (SPXL)

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

SPXL

Direxion Daily S&P 500 Bull 3X Shares

SPXL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$159.55

Average Daily Volume

4,377,039

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	SPXL
30 Days	2.43%	3.26%
60 Days	3.56%	4.27%
90 Days	6.76%	8.98%
12 Months	27.86%	99.29%

465 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in SPXL	Overlap
	A	C	0.06%	0.06%	0.06%
	AAL	D	0.0%	0.01%	0.0%
	AAPL	C	4.51%	4.86%	4.51%
	ABBV	C	0.6%	0.52%	0.52%
	ABT	C	0.34%	0.31%	0.31%
	ACGL	B	0.05%	0.06%	0.05%
	ACN	C	0.34%	0.33%	0.33%
	ADBE	F	0.22%	0.4%	0.22%
	ADI	C	0.13%	0.17%	0.13%
	ADM	D	0.22%	0.04%	0.04%
	ADP	B	0.15%	0.17%	0.15%
	ADSK	C	0.03%	0.08%	0.03%
	AEE	A	0.07%	0.03%	0.03%
	AEP	C	0.18%	0.08%	0.08%
	AES	C	0.06%	0.02%	0.02%
	AFL	C	0.23%	0.08%	0.08%
	AIG	D	0.28%	0.07%	0.07%
	AIZ	B	0.03%	0.01%	0.01%
	AJG	D	0.05%	0.1%	0.05%
	AKAM	D	0.03%	0.02%	0.02%
	ALB	F	0.02%	0.02%	0.02%
	ALGN	D	0.02%	0.02%	0.02%
	ALL	B	0.29%	0.07%	0.07%
	ALLE	C	0.02%	0.02%	0.02%
	AMAT	D	0.25%	0.23%	0.23%
	AMCR	C	0.02%	0.02%	0.02%
	AMD	D	0.09%	0.37%	0.09%
	AME	C	0.05%	0.06%	0.05%
	AMGN	B	0.48%	0.27%	0.27%
	AMP	B	0.12%	0.06%	0.06%
	AMT	C	0.14%	0.17%	0.14%
	AMZN	C	1.42%	2.59%	1.42%
	ANET	A	0.04%	0.14%	0.04%
	ANSS	D	0.02%	0.04%	0.02%
	AON	B	0.13%	0.11%	0.11%
	AOS	D	0.03%	0.01%	0.01%
	APA	F	0.03%	0.01%	0.01%
	APD	B	0.11%	0.09%	0.09%
	APH	C	0.09%	0.12%	0.09%
	APTV	D	0.04%	0.03%	0.03%
	ARE	C	0.03%	0.03%	0.03%
	ATO	B	0.04%	0.03%	0.03%
	AVB	C	0.06%	0.05%	0.05%
	AVGO	C	0.68%	1.08%	0.68%
	AVY	D	0.04%	0.03%	0.03%
	AWK	C	0.05%	0.04%	0.04%
	AXP	B	0.37%	0.22%	0.22%
	AZO	D	0.06%	0.08%	0.06%
	BA	F	0.14%	0.14%	0.14%
	BAC	D	1.22%	0.4%	0.4%
	BALL	C	0.06%	0.03%	0.03%
	BAX	C	0.09%	0.03%	0.03%
	BBWI	F	0.02%	0.01%	0.01%
	BBY	C	0.19%	0.03%	0.03%
	BDX	F	0.11%	0.1%	0.1%
	BEN	F	0.04%	0.01%	0.01%
	BG	D	0.11%	0.02%	0.02%
	BIIB	F	0.1%	0.04%	0.04%
	BK	A	0.26%	0.08%	0.08%
	BKNG	B	0.2%	0.2%	0.2%
	BKR	C	0.14%	0.05%	0.05%
	BLDR	C	0.04%	0.03%	0.03%
	BLK	B	0.26%	0.19%	0.19%
	BMY	C	0.35%	0.15%	0.15%
	BR	D	0.04%	0.04%	0.04%
	BRK.A	C	2.29%	1.23%	1.23%
	BRO	C	0.03%	0.04%	0.03%
	BSX	B	0.09%	0.19%	0.09%
	BWA	D	0.05%	0.01%	0.01%
	BX	B	0.11%	0.16%	0.11%
	BXP	B	0.05%	0.02%	0.02%
	C	D	1.04%	0.17%	0.17%
	CAG	C	0.07%	0.02%	0.02%
	CAH	C	0.07%	0.04%	0.04%
	CARR	B	0.13%	0.1%	0.1%
	CAT	B	0.39%	0.25%	0.25%
	CB	B	0.29%	0.18%	0.18%
	CBOE	C	0.02%	0.03%	0.02%
	CBRE	A	0.12%	0.05%	0.05%
	CCI	C	0.11%	0.08%	0.08%
	CCL	C	0.05%	0.03%	0.03%
	CDNS	D	0.03%	0.11%	0.03%
	CDW	D	0.06%	0.04%	0.04%
	CE	F	0.06%	0.02%	0.02%
	CEG	A	0.1%	0.09%	0.09%
	CF	C	0.06%	0.02%	0.02%
	CFG	C	0.1%	0.03%	0.03%
	CHD	C	0.04%	0.04%	0.04%
	CHRW	A	0.07%	0.02%	0.02%
	CHTR	D	0.32%	0.05%	0.05%
	CI	C	0.55%	0.16%	0.16%
	CINF	C	0.07%	0.03%	0.03%
	CL	C	0.16%	0.13%	0.13%
	CLX	C	0.04%	0.03%	0.03%
	CMCSA	D	0.75%	0.23%	0.23%
	CME	C	0.08%	0.12%	0.08%
	CMG	C	0.04%	0.12%	0.04%
	CMI	C	0.17%	0.06%	0.06%
	CMS	B	0.06%	0.03%	0.03%
	CNC	C	0.25%	0.06%	0.06%
	CNP	D	0.06%	0.03%	0.03%
	COF	A	0.39%	0.08%	0.08%
	COP	D	0.42%	0.18%	0.18%
	COST	B	0.73%	0.61%	0.61%
	CPAY	C	0.05%	0.03%	0.03%
	CPB	B	0.04%	0.01%	0.01%
	CPRT	D	0.02%	0.07%	0.02%
	CPT	B	0.02%	0.02%	0.02%
	CRL	F	0.01%	0.02%	0.01%
	CRM	D	0.12%	0.37%	0.12%
	CSCO	B	0.73%	0.3%	0.3%
	CSX	D	0.21%	0.1%	0.1%
	CTAS	C	0.09%	0.11%	0.09%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	D	0.01%	0.03%	0.01%
	CTSH	C	0.18%	0.06%	0.06%
	CTVA	B	0.09%	0.06%	0.06%
	CVS	F	0.68%	0.11%	0.11%
	CVX	D	1.07%	0.36%	0.36%
	CZR	C	0.02%	0.01%	0.01%
	D	B	0.19%	0.07%	0.07%
	DAL	C	0.02%	0.04%	0.02%
	DD	B	0.18%	0.05%	0.05%
	DE	B	0.22%	0.15%	0.15%
	DECK	D	0.03%	0.04%	0.03%
	DFS	B	0.21%	0.05%	0.05%
	DG	F	0.08%	0.03%	0.03%
	DGX	C	0.07%	0.03%	0.03%
	DHI	C	0.2%	0.08%	0.08%
	DHR	C	0.17%	0.27%	0.17%
	DIS	D	0.37%	0.25%	0.25%
	DLR	B	0.08%	0.08%	0.08%
	DLTR	F	0.04%	0.02%	0.02%
	DOC	C	0.04%	0.02%	0.02%
	DOV	B	0.06%	0.04%	0.04%
	DOW	D	0.2%	0.05%	0.05%
	DPZ	D	0.04%	0.02%	0.02%
	DRI	B	0.05%	0.03%	0.03%
	DTE	B	0.08%	0.04%	0.04%
	DUK	B	0.34%	0.14%	0.14%
	DVA	B	0.07%	0.01%	0.01%
	DVN	D	0.08%	0.04%	0.04%
	EA	D	0.08%	0.05%	0.05%
	EBAY	B	0.19%	0.05%	0.05%
	ECL	A	0.09%	0.1%	0.09%
	ED	C	0.13%	0.05%	0.05%
	EFX	C	0.04%	0.06%	0.04%
	EG	C	0.03%	0.03%	0.03%
	EIX	C	0.11%	0.05%	0.05%
	EL	F	0.04%	0.03%	0.03%
	ELV	C	0.5%	0.19%	0.19%
	EMN	B	0.08%	0.02%	0.02%
	EMR	D	0.15%	0.09%	0.09%
	EOG	D	0.2%	0.1%	0.1%
	EPAM	F	0.02%	0.02%	0.02%
	EQIX	B	0.08%	0.13%	0.08%
	EQR	C	0.06%	0.04%	0.04%
	EQT	D	0.03%	0.03%	0.03%
	ES	C	0.09%	0.04%	0.04%
	ESS	C	0.04%	0.03%	0.03%
	ETN	C	0.21%	0.18%	0.18%
	ETR	A	0.11%	0.04%	0.04%
	EVRG	B	0.07%	0.02%	0.02%
	EW	F	0.04%	0.06%	0.04%
	EXC	B	0.18%	0.06%	0.06%
	EXPD	C	0.02%	0.03%	0.02%
	EXPE	C	0.03%	0.03%	0.03%
	EXR	B	0.04%	0.06%	0.04%
	F	F	0.31%	0.06%	0.06%
	FANG	D	0.05%	0.05%	0.05%
	FAST	C	0.07%	0.06%	0.06%
	FCX	D	0.13%	0.09%	0.09%
	FDX	F	0.32%	0.1%	0.1%
	FE	C	0.1%	0.03%	0.03%
	FFIV	B	0.03%	0.02%	0.02%
	FIS	B	0.13%	0.07%	0.07%
	FITB	B	0.13%	0.04%	0.04%
	FMC	C	0.03%	0.01%	0.01%
	FOXA	B	0.09%	0.01%	0.01%
	FSLR	C	0.02%	0.04%	0.02%
	FTNT	B	0.03%	0.07%	0.03%
	FTV	C	0.03%	0.04%	0.03%
	GD	B	0.23%	0.1%	0.1%
	GDDY	C	0.03%	0.03%	0.03%
	GE	A	0.18%	0.28%	0.18%
	GEHC	C	0.07%	0.06%	0.06%
	GEV	B	0.05%	0.09%	0.05%
	GILD	B	0.35%	0.16%	0.16%
	GIS	B	0.13%	0.06%	0.06%
	GL	C	0.03%	0.01%	0.01%
	GLW	B	0.14%	0.05%	0.05%
	GM	B	0.69%	0.08%	0.08%
	GNRC	D	0.02%	0.01%	0.01%
	GOOG	D	1.06%	1.15%	1.06%
	GOOGL	D	1.22%	1.37%	1.22%
	GPC	D	0.05%	0.03%	0.03%
	GPN	D	0.08%	0.04%	0.04%
	GRMN	D	0.05%	0.04%	0.04%
	GS	C	0.56%	0.23%	0.23%
	GWW	A	0.07%	0.07%	0.07%
	HAL	F	0.06%	0.04%	0.04%
	HAS	B	0.04%	0.01%	0.01%
	HBAN	B	0.07%	0.03%	0.03%
	HCA	A	0.25%	0.11%	0.11%
	HD	A	0.78%	0.56%	0.56%
	HES	D	0.04%	0.05%	0.04%
	HIG	B	0.15%	0.05%	0.05%
	HII	D	0.04%	0.02%	0.02%
	HLT	B	0.06%	0.08%	0.06%
	HOLX	C	0.04%	0.03%	0.03%
	HON	D	0.34%	0.2%	0.2%
	HPE	D	0.18%	0.03%	0.03%
	HPQ	D	0.2%	0.04%	0.04%
	HRL	D	0.03%	0.01%	0.01%
	HSIC	D	0.04%	0.01%	0.01%
	HST	C	0.04%	0.02%	0.02%
	HSY	D	0.04%	0.04%	0.04%
	HUBB	A	0.03%	0.03%	0.03%
	HUM	F	0.21%	0.06%	0.06%
	HWM	B	0.06%	0.06%	0.06%
	IBM	A	0.61%	0.29%	0.29%
	ICE	C	0.13%	0.14%	0.13%
	IDXX	D	0.03%	0.06%	0.03%
	IEX	D	0.02%	0.02%	0.02%
	IFF	C	0.06%	0.04%	0.04%
	INTC	F	0.6%	0.12%	0.12%
	INTU	C	0.11%	0.27%	0.11%
	INVH	C	0.03%	0.03%	0.03%
	IP	C	0.15%	0.03%	0.03%
	IPG	C	0.04%	0.02%	0.02%
	IQV	D	0.08%	0.07%	0.07%
	IR	C	0.03%	0.05%	0.03%
	IRM	B	0.08%	0.05%	0.05%
	ISRG	C	0.09%	0.27%	0.09%
	IT	A	0.03%	0.06%	0.03%
	ITW	C	0.15%	0.1%	0.1%
	IVZ	B	0.04%	0.01%	0.01%
	J	C	0.05%	0.03%	0.03%
	JBHT	D	0.04%	0.02%	0.02%
	JBL	D	0.05%	0.02%	0.02%
	JCI	B	0.15%	0.07%	0.07%
	JKHY	C	0.02%	0.02%	0.02%
	JNJ	C	1.0%	0.6%	0.6%
	JNPR	A	0.05%	0.02%	0.02%
	JPM	D	1.94%	0.9%	0.9%
	K	A	0.07%	0.03%	0.03%
	KDP	B	0.08%	0.06%	0.06%
	KEY	B	0.1%	0.02%	0.02%
	KEYS	C	0.03%	0.04%	0.03%
	KHC	C	0.11%	0.04%	0.04%
	KIM	C	0.03%	0.02%	0.02%
	KKR	A	0.11%	0.12%	0.11%
	KLAC	D	0.1%	0.15%	0.1%
	KMB	D	0.11%	0.07%	0.07%
	KMI	A	0.19%	0.06%	0.06%
	KMX	D	0.07%	0.02%	0.02%
	KO	B	0.43%	0.42%	0.42%
	KR	C	0.3%	0.06%	0.06%
	KVUE	C	0.03%	0.07%	0.03%
	L	D	0.05%	0.02%	0.02%
	LDOS	B	0.08%	0.03%	0.03%
	LEN	C	0.19%	0.07%	0.07%
	LHX	C	0.16%	0.07%	0.07%
	LIN	B	0.35%	0.34%	0.34%
	LKQ	F	0.05%	0.02%	0.02%
	LLY	C	0.27%	1.13%	0.27%
	LMT	B	0.4%	0.18%	0.18%
	LNT	B	0.04%	0.02%	0.02%
	LOW	A	0.42%	0.22%	0.22%
	LRCX	F	0.16%	0.15%	0.15%
	LULU	D	0.02%	0.05%	0.02%
	LUV	C	0.02%	0.03%	0.02%
	LVS	D	0.03%	0.02%	0.02%
	LW	D	0.01%	0.01%	0.01%
	LYB	F	0.16%	0.04%	0.04%
	MA	B	0.28%	0.61%	0.28%
	MAA	C	0.04%	0.03%	0.03%
	MAR	C	0.08%	0.08%	0.08%
	MAS	B	0.06%	0.03%	0.03%
	MCD	B	0.34%	0.32%	0.32%
	MCHP	D	0.05%	0.06%	0.05%
	MCK	F	0.1%	0.1%	0.1%
	MCO	A	0.08%	0.11%	0.08%
	MDLZ	C	0.23%	0.15%	0.15%
	MDT	C	0.27%	0.18%	0.18%
	MET	A	0.26%	0.07%	0.07%
	META	A	1.85%	1.74%	1.74%
	MGM	D	0.05%	0.01%	0.01%
	MHK	C	0.07%	0.01%	0.01%
	MKC	C	0.04%	0.03%	0.03%
	MLM	D	0.04%	0.05%	0.04%
	MMC	C	0.15%	0.17%	0.15%
	MMM	A	0.4%	0.11%	0.11%
	MNST	D	0.04%	0.05%	0.04%
	MO	C	0.39%	0.14%	0.14%
	MOH	D	0.05%	0.03%	0.03%
	MOS	F	0.05%	0.01%	0.01%
	MPC	D	0.41%	0.09%	0.09%
	MRK	D	0.51%	0.44%	0.44%
	MRNA	F	0.04%	0.04%	0.04%
	MRO	C	0.08%	0.02%	0.02%
	MS	C	0.35%	0.18%	0.18%
	MSCI	C	0.03%	0.07%	0.03%
	MSFT	C	2.54%	4.8%	2.54%
	MSI	B	0.06%	0.11%	0.06%
	MTB	A	0.09%	0.04%	0.04%
	MTD	D	0.04%	0.05%	0.04%
	MU	F	0.35%	0.15%	0.15%
	NDAQ	A	0.03%	0.05%	0.03%
	NDSN	C	0.02%	0.02%	0.02%
	NEE	C	0.29%	0.26%	0.26%
	NEM	B	0.19%	0.09%	0.09%
	NFLX	B	0.15%	0.45%	0.15%
	NI	B	0.05%	0.02%	0.02%
	NKE	D	0.18%	0.14%	0.14%
	NOC	A	0.21%	0.11%	0.11%
	NOW	A	0.01%	0.28%	0.01%
	NRG	A	0.11%	0.03%	0.03%
	NSC	C	0.21%	0.09%	0.09%
	NTAP	D	0.08%	0.04%	0.04%
	NTRS	B	0.07%	0.03%	0.03%
	NUE	F	0.18%	0.05%	0.05%
	NVDA	D	0.38%	4.43%	0.38%
	NVR	B	0.08%	0.05%	0.05%
	NWSA	D	0.04%	0.01%	0.01%
	NXPI	D	0.08%	0.09%	0.08%
	O	C	0.04%	0.08%	0.04%
	ODFL	D	0.05%	0.05%	0.05%
	OKE	B	0.13%	0.08%	0.08%
	OMC	B	0.08%	0.03%	0.03%
	ON	F	0.04%	0.05%	0.04%
	ORCL	B	0.47%	0.39%	0.39%
	ORLY	D	0.1%	0.1%	0.1%
	OTIS	C	0.05%	0.06%	0.05%
	OXY	F	0.11%	0.05%	0.05%
	PANW	C	0.03%	0.17%	0.03%
	PARA	F	0.09%	0.01%	0.01%
	PAYX	C	0.06%	0.07%	0.06%
	PCAR	D	0.13%	0.08%	0.08%
	PCG	B	0.03%	0.06%	0.03%
	PEG	A	0.11%	0.06%	0.06%
	PEP	D	0.45%	0.37%	0.37%
	PFE	C	0.75%	0.25%	0.25%
	PFG	B	0.08%	0.03%	0.03%
	PG	C	0.84%	0.62%	0.62%
	PGR	A	0.26%	0.22%	0.22%
	PH	A	0.12%	0.11%	0.11%
	PHM	B	0.13%	0.04%	0.04%
	PKG	B	0.07%	0.03%	0.03%
	PLD	C	0.08%	0.18%	0.08%
	PM	C	0.51%	0.29%	0.29%
	PNC	A	0.29%	0.11%	0.11%
	PNR	B	0.04%	0.02%	0.02%
	PNW	B	0.04%	0.02%	0.02%
	POOL	D	0.02%	0.02%	0.02%
	PPG	D	0.08%	0.04%	0.04%
	PPL	B	0.11%	0.04%	0.04%
	PRU	C	0.23%	0.06%	0.06%
	PSA	B	0.06%	0.09%	0.06%
	PSX	D	0.36%	0.08%	0.08%
	PWR	B	0.06%	0.06%	0.06%
	PYPL	B	0.19%	0.11%	0.11%
	QCOM	F	0.47%	0.28%	0.28%
	QRVO	F	0.05%	0.02%	0.02%
	REG	C	0.03%	0.02%	0.02%
	REGN	C	0.16%	0.19%	0.16%
	RF	B	0.08%	0.03%	0.03%
	RJF	C	0.04%	0.03%	0.03%
	RL	B	0.03%	0.01%	0.01%
	RMD	C	0.04%	0.06%	0.04%
	ROK	F	0.05%	0.04%	0.04%
	ROP	C	0.05%	0.09%	0.05%
	ROST	C	0.08%	0.08%	0.08%
	RSG	D	0.07%	0.06%	0.06%
	RTX	C	0.37%	0.24%	0.24%
	SBAC	C	0.02%	0.04%	0.02%
	SBUX	C	0.27%	0.17%	0.17%
	SCHW	D	0.1%	0.14%	0.1%
	SHW	B	0.09%	0.13%	0.09%
	SJM	C	0.06%	0.02%	0.02%
	SLB	F	0.11%	0.09%	0.09%
	SNA	C	0.04%	0.02%	0.02%
	SNPS	D	0.03%	0.11%	0.03%
	SO	A	0.29%	0.15%	0.15%
	SOLV	C	0.04%	0.01%	0.01%
	SPG	A	0.11%	0.08%	0.08%
	SPGI	A	0.15%	0.25%	0.15%
	SRE	B	0.12%	0.08%	0.08%
	STE	C	0.03%	0.04%	0.03%
	STLD	D	0.09%	0.02%	0.02%
	STT	B	0.09%	0.04%	0.04%
	STX	C	0.1%	0.03%	0.03%
	STZ	D	0.08%	0.06%	0.06%
	SW	C	0.11%	0.04%	0.04%
	SWK	B	0.08%	0.02%	0.02%
	SWKS	F	0.05%	0.02%	0.02%
	SYF	C	0.27%	0.03%	0.03%
	SYK	C	0.13%	0.19%	0.13%
	SYY	D	0.1%	0.06%	0.06%
	T	C	1.37%	0.23%	0.23%
	TAP	D	0.05%	0.01%	0.01%
	TDG	B	0.08%	0.11%	0.08%
	TDY	C	0.02%	0.03%	0.02%
	TEL	D	0.11%	0.07%	0.07%
	TER	D	0.05%	0.03%	0.03%
	TFC	D	0.22%	0.08%	0.08%
	TFX	C	0.02%	0.02%	0.02%
	TGT	C	0.37%	0.1%	0.1%
	TJX	C	0.24%	0.2%	0.2%
	TMO	C	0.29%	0.35%	0.29%
	TMUS	C	0.24%	0.16%	0.16%
	TPR	C	0.04%	0.01%	0.01%
	TRGP	B	0.06%	0.05%	0.05%
	TRMB	C	0.03%	0.02%	0.02%
	TROW	D	0.11%	0.04%	0.04%
	TRV	B	0.3%	0.08%	0.08%
	TSCO	C	0.06%	0.05%	0.05%
	TSLA	C	0.19%	0.96%	0.19%
	TSN	D	0.2%	0.03%	0.03%
	TT	A	0.09%	0.12%	0.09%
	TTWO	D	0.02%	0.04%	0.02%
	TXN	C	0.34%	0.27%	0.27%
	TXT	D	0.06%	0.03%	0.03%
	UBER	C	0.04%	0.22%	0.04%
	UDR	C	0.03%	0.02%	0.02%
	UHS	B	0.1%	0.02%	0.02%
	ULTA	D	0.03%	0.03%	0.03%
	UNH	C	1.25%	0.82%	0.82%
	UNP	C	0.4%	0.23%	0.23%
	UPS	F	0.25%	0.14%	0.14%
	URI	B	0.12%	0.07%	0.07%
	USB	B	0.3%	0.1%	0.1%
	V	C	0.35%	0.68%	0.35%
	VICI	C	0.02%	0.05%	0.02%
	VLO	F	0.38%	0.07%	0.07%
	VMC	D	0.04%	0.05%	0.04%
	VRSK	D	0.04%	0.06%	0.04%
	VRSN	D	0.01%	0.02%	0.01%
	VRTX	D	0.08%	0.19%	0.08%
	VST	A	0.11%	0.04%	0.04%
	VTR	C	0.09%	0.04%	0.04%
	VTRS	D	0.1%	0.02%	0.02%
	VZ	B	1.32%	0.28%	0.28%
	WAB	A	0.06%	0.04%	0.04%
	WAT	C	0.04%	0.03%	0.03%
	WBA	F	0.14%	0.01%	0.01%
	WBD	D	0.06%	0.03%	0.03%
	WDC	D	0.13%	0.03%	0.03%
	WEC	B	0.08%	0.05%	0.05%
	WELL	C	0.11%	0.12%	0.11%
	WFC	D	1.06%	0.27%	0.27%
	WM	D	0.15%	0.11%	0.11%
	WMB	B	0.15%	0.08%	0.08%
	WMT	B	1.51%	0.51%	0.51%
	WRB	C	0.04%	0.03%	0.03%
	WST	D	0.02%	0.03%	0.02%
	WTW	C	0.07%	0.04%	0.04%
	WY	C	0.09%	0.03%	0.03%
	XEL	B	0.12%	0.05%	0.05%
	XOM	D	1.92%	0.75%	0.75%
	XYL	D	0.04%	0.05%	0.04%
	YUM	F	0.08%	0.06%	0.06%
	ZBH	F	0.05%	0.03%	0.03%
	ZBRA	B	0.04%	0.03%	0.03%
	ZTS	C	0.08%	0.13%	0.08%

FNDX Overweight 253 Positions Relative to SPXL

	Symbol	Grade	Weight
	LUMN	C	0.57%
	ALLY	D	0.1%
	JLL	B	0.09%
	RS	D	0.08%
	THC	B	0.08%
	ARW	C	0.08%
	OGN	D	0.07%
	FNF	B	0.07%
	KSS	F	0.07%
	USFD	B	0.07%
	AVT	C	0.07%
	X	D	0.07%
	EME	A	0.06%
	OC	D	0.06%
	TOL	B	0.06%
	CMA	A	0.06%
	VFC	C	0.06%
	WHR	C	0.06%
	R	B	0.06%
	AFG	B	0.05%
	AA	D	0.05%
	EQH	C	0.05%
	GPI	B	0.05%
	INGR	B	0.05%
	VNO	B	0.05%
	SIRI	C	0.05%
	DKS	D	0.05%
	SFM	B	0.05%
	CSL	B	0.05%
	ORI	B	0.05%
	MUSA	D	0.05%
	KD	D	0.05%
	DINO	F	0.05%
	UNM	B	0.05%
	DXC	C	0.05%
	AN	D	0.05%
	MAN	C	0.05%
	ZION	D	0.05%
	OMF	D	0.05%
	LNG	C	0.05%
	PFGC	B	0.05%
	LAD	C	0.05%
	WSM	D	0.05%
	M	F	0.05%
	LEA	F	0.05%
	FLEX	C	0.05%
	JEF	B	0.05%
	LNC	D	0.05%
	CASY	D	0.05%
	RPM	B	0.04%
	MTH	C	0.04%
	SLM	D	0.04%
	AYI	A	0.04%
	CNO	A	0.04%
	BAH	B	0.04%
	BAP	B	0.04%
	MRVL	C	0.04%
	TMHC	B	0.04%
	WU	D	0.04%
	THO	D	0.04%
	SSNC	B	0.04%
	JXN	B	0.04%
	CCK	A	0.04%
	FYBR	C	0.04%
	DOX	C	0.04%
	PVH	F	0.04%
	KNX	D	0.04%
	EVR	A	0.04%
	GAP	F	0.04%
	BERY	C	0.04%
	RGA	B	0.04%
	ACM	B	0.04%
	ALSN	B	0.04%
	FAF	C	0.04%
	ZIM	C	0.04%
	TDS	C	0.04%
	MKL	C	0.04%
	OVV	F	0.04%
	UGI	C	0.04%
	SKX	D	0.03%
	AAP	F	0.03%
	CG	D	0.03%
	ITT	B	0.03%
	CPRI	D	0.03%
	MTG	B	0.03%
	CW	A	0.03%
	CIEN	C	0.03%
	BC	C	0.03%
	FLR	D	0.03%
	ILMN	C	0.03%
	GNTX	D	0.03%
	EWBC	D	0.03%
	CLF	F	0.03%
	SCI	C	0.03%
	SON	D	0.03%
	SAIC	C	0.03%
	LPLA	F	0.03%
	AVTR	C	0.03%
	SUI	C	0.03%
	JHG	B	0.03%
	CMC	D	0.03%
	FHN	D	0.03%
	AER	B	0.03%
	SWN	D	0.03%
	BPOP	C	0.03%
	RRX	C	0.03%
	PBF	F	0.03%
	AGCO	D	0.03%
	NWL	D	0.03%
	VOYA	B	0.03%
	TRU	B	0.03%
	GT	F	0.03%
	CRBG	D	0.03%
	OLN	D	0.03%
	CHKP	A	0.03%
	MLI	B	0.03%
	SLG	B	0.03%
	LII	B	0.03%
	GNW	B	0.03%
	TPH	C	0.03%
	APO	B	0.03%
	MTZ	B	0.03%
	OGE	B	0.03%
	WCC	D	0.03%
	ARMK	C	0.03%
	NXST	D	0.03%
	KBH	B	0.03%
	SANM	D	0.03%
	RHI	D	0.03%
	CCEP	B	0.03%
	BURL	C	0.03%
	HBI	B	0.03%
	CACI	B	0.03%
	WSO	C	0.03%
	BCC	C	0.03%
	UFPI	C	0.03%
	GPK	B	0.03%
	OSK	D	0.03%
	FL	D	0.03%
	CNH	D	0.03%
	HUN	D	0.03%
	LPX	B	0.03%
	AMG	C	0.03%
	OI	D	0.02%
	UNFI	C	0.02%
	MIDD	D	0.02%
	WLK	D	0.02%
	CNX	A	0.02%
	FTI	D	0.02%
	CAR	F	0.02%
	GXO	D	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%
	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%
	TKR	D	0.02%
	CYH	B	0.02%
	TTC	D	0.02%
	HUBG	C	0.02%
	AL	D	0.02%
	KBR	D	0.02%
	FCNCA	D	0.02%
	ACI	F	0.02%
	CRI	D	0.02%
	TPX	C	0.02%
	POR	C	0.02%
	ASGN	D	0.02%
	JWN	B	0.02%
	GGG	C	0.02%
	MUR	F	0.02%
	UHAL	B	0.02%
	RUSHA	C	0.02%
	ASO	C	0.02%
	NFG	B	0.02%
	PAG	D	0.02%
	XRX	F	0.02%
	BTU	D	0.02%
	NVT	D	0.02%
	NAVI	C	0.02%
	HRB	C	0.02%
	QRTEA	F	0.02%
	WPC	C	0.02%
	ST	D	0.02%
	DCI	D	0.02%
	GLPI	C	0.02%
	MPW	C	0.02%
	STWD	B	0.02%
	AR	D	0.02%
	NOV	D	0.02%
	POST	C	0.02%
	AXTA	C	0.02%
	ABG	D	0.02%
	ATR	B	0.02%
	BJ	D	0.02%
	ABM	D	0.02%
	PII	D	0.02%
	MDU	B	0.02%
	PK	D	0.02%
	PRI	B	0.02%
	SEIC	C	0.02%
	EXP	B	0.02%
	G	C	0.02%
	NSIT	C	0.02%
	BRX	B	0.02%
	EHC	B	0.02%
	SEE	D	0.02%
	ALV	F	0.02%
	SNV	C	0.02%
	LSTR	F	0.02%
	THG	C	0.02%
	LAMR	A	0.02%
	HOG	C	0.02%
	SNX	D	0.02%
	HTZ	F	0.01%
	ALK	C	0.01%
	CNXC	F	0.01%
	COHR	B	0.01%
	MATX	C	0.01%
	DELL	C	0.01%
	VSH	F	0.01%
	ANDE	D	0.01%
	DBX	D	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%
	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%
	LEG	D	0.01%
	DAN	F	0.01%
	ODP	F	0.01%
	SPTN	C	0.01%
	BIG	F	0.0%

FNDX Underweight 31 Positions Relative to SPXL

	Symbol	Grade	Weight
	CRWD	D	-0.09%
	ABNB	D	-0.08%
	MPWR	C	-0.07%
	FICO	B	-0.07%
	RCL	A	-0.06%
	CSGP	D	-0.05%
	VLTO	B	-0.04%
	TYL	C	-0.04%
	DXCM	F	-0.04%
	AXON	A	-0.04%
	FDS	C	-0.03%
	PTC	D	-0.03%
	SMCI	F	-0.03%
	TECH	D	-0.02%
	INCY	C	-0.02%
	LYV	B	-0.02%
	ROL	C	-0.02%
	ENPH	D	-0.02%
	PODD	B	-0.02%
	UAL	C	-0.02%
	FOX	B	-0.01%
	ETSY	F	-0.01%
	BIO	C	-0.01%
	WYNN	D	-0.01%
	PAYC	D	-0.01%
	NCLH	C	-0.01%
	FRT	C	-0.01%
	MTCH	C	-0.01%
	DAY	D	-0.01%
	MKTX	C	-0.01%
	NWS	D	-0.0%

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Oil & Gas E&P Business Services Specialty Retail Banks - Regional - US Information Technology Services Semiconductors Software - Application Specialty Chemicals Packaged Foods Packaging & Containers Credit Services Diagnostics & Research Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Electricity Chemical Electronics Mining Aerospace Bank Dow Jones Component Banking Telecommunications Real Estate Investment Trust Semiconductor Transport Insurance Products Medicine Retailing

SPXL: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank