FNDX vs. SPYG ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index) (SPYG)

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

$71.47

Average Daily Volume

429,832

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

SPYG

SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index)

SPYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization growth sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.35

Average Daily Volume

2,527,755

Number of Holdings ^*

229

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	SPYG
30 Days	3.09%	1.45%
60 Days	4.23%	3.29%
90 Days	6.97%	2.99%
12 Months	26.34%	36.81%

208 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in SPYG	Overlap
	AAPL	C	4.51%	12.11%	4.51%
	ABBV	C	0.6%	0.5%	0.5%
	ACGL	C	0.05%	0.16%	0.05%
	ACN	C	0.34%	0.47%	0.34%
	ADBE	F	0.22%	1.03%	0.22%
	ADI	C	0.13%	0.26%	0.13%
	ADP	B	0.15%	0.17%	0.15%
	ADSK	C	0.03%	0.11%	0.03%
	AJG	D	0.05%	0.13%	0.05%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.02%	0.03%	0.02%
	ALLE	B	0.02%	0.02%	0.02%
	AMAT	D	0.25%	0.6%	0.25%
	AMD	D	0.09%	0.96%	0.09%
	AME	C	0.05%	0.07%	0.05%
	AMP	A	0.12%	0.09%	0.09%
	AMT	C	0.14%	0.18%	0.14%
	AMZN	C	1.42%	4.35%	1.42%
	ANET	B	0.04%	0.35%	0.04%
	ANSS	D	0.02%	0.06%	0.02%
	AON	B	0.13%	0.15%	0.13%
	AOS	D	0.03%	0.02%	0.02%
	APA	F	0.03%	0.03%	0.03%
	APH	D	0.09%	0.17%	0.09%
	AVGO	C	0.68%	2.82%	0.68%
	AXP	B	0.37%	0.4%	0.37%
	AZO	D	0.06%	0.15%	0.06%
	BA	F	0.14%	0.16%	0.14%
	BKNG	C	0.2%	0.52%	0.2%
	BLDR	C	0.04%	0.08%	0.04%
	BR	D	0.04%	0.06%	0.04%
	BRO	C	0.03%	0.07%	0.03%
	BSX	B	0.09%	0.27%	0.09%
	BX	B	0.11%	0.3%	0.11%
	CARR	B	0.13%	0.12%	0.12%
	CAT	B	0.39%	0.38%	0.38%
	CBOE	C	0.02%	0.06%	0.02%
	CCL	C	0.05%	0.05%	0.05%
	CDNS	D	0.03%	0.29%	0.03%
	CDW	D	0.06%	0.05%	0.05%
	CE	F	0.06%	0.05%	0.05%
	CEG	C	0.1%	0.11%	0.1%
	CF	C	0.06%	0.03%	0.03%
	CHD	D	0.04%	0.05%	0.04%
	CHTR	D	0.32%	0.06%	0.06%
	CL	D	0.16%	0.13%	0.13%
	CME	C	0.08%	0.11%	0.08%
	CMG	C	0.04%	0.3%	0.04%
	COP	D	0.42%	0.33%	0.33%
	COST	B	0.73%	0.67%	0.67%
	CPAY	B	0.05%	0.08%	0.05%
	CPRT	D	0.02%	0.17%	0.02%
	CRM	D	0.12%	0.97%	0.12%
	CSX	D	0.21%	0.13%	0.13%
	CTAS	B	0.09%	0.15%	0.09%
	CTRA	D	0.01%	0.04%	0.01%
	CZR	C	0.02%	0.02%	0.02%
	DAL	C	0.02%	0.06%	0.02%
	DE	B	0.22%	0.22%	0.22%
	DECK	C	0.03%	0.09%	0.03%
	DFS	B	0.21%	0.07%	0.07%
	DHI	B	0.2%	0.22%	0.2%
	DLR	B	0.08%	0.08%	0.08%
	DPZ	F	0.04%	0.02%	0.02%
	DRI	B	0.05%	0.04%	0.04%
	DVA	B	0.07%	0.02%	0.02%
	EA	D	0.08%	0.06%	0.06%
	ECL	B	0.09%	0.13%	0.09%
	EFX	B	0.04%	0.06%	0.04%
	EOG	D	0.2%	0.18%	0.18%
	EPAM	F	0.02%	0.02%	0.02%
	EQIX	C	0.08%	0.15%	0.08%
	ETN	C	0.21%	0.3%	0.21%
	EW	F	0.04%	0.06%	0.04%
	EXPD	C	0.02%	0.02%	0.02%
	EXPE	C	0.03%	0.07%	0.03%
	FANG	D	0.05%	0.12%	0.05%
	FAST	C	0.07%	0.08%	0.07%
	FCX	D	0.13%	0.12%	0.12%
	FTNT	C	0.03%	0.19%	0.03%
	FTV	C	0.03%	0.1%	0.03%
	GDDY	C	0.03%	0.08%	0.03%
	GE	B	0.18%	0.31%	0.18%
	GEV	B	0.05%	0.1%	0.05%
	GNRC	D	0.02%	0.02%	0.02%
	GOOG	D	1.06%	2.87%	1.06%
	GOOGL	D	1.22%	3.43%	1.22%
	GRMN	D	0.05%	0.06%	0.05%
	GWW	B	0.07%	0.13%	0.07%
	HCA	B	0.25%	0.14%	0.14%
	HD	B	0.78%	0.54%	0.54%
	HES	F	0.04%	0.14%	0.04%
	HLT	B	0.06%	0.21%	0.06%
	HST	C	0.04%	0.03%	0.03%
	HSY	C	0.04%	0.04%	0.04%
	HUBB	B	0.03%	0.04%	0.03%
	HWM	B	0.06%	0.08%	0.06%
	IDXX	C	0.03%	0.09%	0.03%
	INTU	C	0.11%	0.71%	0.11%
	IQV	C	0.08%	0.06%	0.06%
	IR	C	0.03%	0.11%	0.03%
	IRM	C	0.08%	0.07%	0.07%
	ISRG	B	0.09%	0.46%	0.09%
	IT	B	0.03%	0.15%	0.03%
	ITW	C	0.15%	0.12%	0.12%
	JBL	D	0.05%	0.03%	0.03%
	KKR	B	0.11%	0.32%	0.11%
	KLAC	D	0.1%	0.39%	0.1%
	KO	C	0.43%	0.42%	0.42%
	LEN	B	0.19%	0.1%	0.1%
	LIN	B	0.35%	0.46%	0.35%
	LLY	C	0.27%	2.94%	0.27%
	LRCX	F	0.16%	0.38%	0.16%
	LULU	D	0.02%	0.12%	0.02%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.01%	0.02%	0.01%
	MA	B	0.28%	1.15%	0.28%
	MAR	C	0.08%	0.22%	0.08%
	MAS	B	0.06%	0.04%	0.04%
	MCD	B	0.34%	0.36%	0.34%
	MCHP	F	0.05%	0.1%	0.05%
	MCO	B	0.08%	0.14%	0.08%
	MDLZ	B	0.23%	0.16%	0.16%
	META	B	1.85%	4.53%	1.85%
	MGM	F	0.05%	0.02%	0.02%
	MLM	D	0.04%	0.08%	0.04%
	MMC	C	0.15%	0.23%	0.15%
	MNST	D	0.04%	0.08%	0.04%
	MOH	D	0.05%	0.05%	0.05%
	MPC	F	0.41%	0.12%	0.12%
	MRK	D	0.51%	0.46%	0.46%
	MRO	C	0.08%	0.03%	0.03%
	MSCI	C	0.03%	0.1%	0.03%
	MSFT	C	2.54%	11.97%	2.54%
	MSI	B	0.06%	0.17%	0.06%
	MTD	D	0.04%	0.04%	0.04%
	NFLX	B	0.15%	1.16%	0.15%
	NKE	D	0.18%	0.16%	0.16%
	NOW	B	0.01%	0.71%	0.01%
	NTAP	D	0.08%	0.04%	0.04%
	NUE	F	0.18%	0.08%	0.08%
	NVDA	D	0.38%	11.05%	0.38%
	NVR	B	0.08%	0.11%	0.08%
	NXPI	F	0.08%	0.17%	0.08%
	ODFL	D	0.05%	0.13%	0.05%
	OKE	B	0.13%	0.13%	0.13%
	ON	D	0.04%	0.05%	0.04%
	ORCL	C	0.47%	1.01%	0.47%
	ORLY	C	0.1%	0.19%	0.1%
	OTIS	C	0.05%	0.06%	0.05%
	PANW	D	0.03%	0.44%	0.03%
	PAYX	C	0.06%	0.07%	0.06%
	PCAR	D	0.13%	0.14%	0.13%
	PEP	C	0.45%	0.35%	0.35%
	PG	C	0.84%	0.63%	0.63%
	PGR	B	0.26%	0.29%	0.26%
	PH	B	0.12%	0.23%	0.12%
	PHM	B	0.13%	0.11%	0.11%
	PM	C	0.51%	0.28%	0.28%
	PNR	B	0.04%	0.04%	0.04%
	POOL	C	0.02%	0.03%	0.02%
	PSA	B	0.06%	0.09%	0.06%
	PWR	B	0.06%	0.11%	0.06%
	QCOM	D	0.47%	0.38%	0.38%
	REGN	C	0.16%	0.29%	0.16%
	RL	C	0.03%	0.01%	0.01%
	ROK	D	0.05%	0.06%	0.05%
	ROP	C	0.05%	0.1%	0.05%
	ROST	C	0.08%	0.2%	0.08%
	RSG	D	0.07%	0.09%	0.07%
	SBAC	C	0.02%	0.04%	0.02%
	SBUX	C	0.27%	0.26%	0.26%
	SHW	B	0.09%	0.17%	0.09%
	SNA	C	0.04%	0.03%	0.03%
	SNPS	D	0.03%	0.29%	0.03%
	SPG	B	0.11%	0.08%	0.08%
	SPGI	B	0.15%	0.29%	0.15%
	STE	C	0.03%	0.05%	0.03%
	STLD	F	0.09%	0.04%	0.04%
	STX	C	0.1%	0.03%	0.03%
	SYK	C	0.13%	0.31%	0.13%
	TDG	B	0.08%	0.3%	0.08%
	TEL	D	0.11%	0.07%	0.07%
	TJX	B	0.24%	0.34%	0.24%
	TMO	B	0.29%	0.35%	0.29%
	TRGP	B	0.06%	0.13%	0.06%
	TSCO	C	0.06%	0.05%	0.05%
	TSLA	C	0.19%	2.51%	0.19%
	TT	B	0.09%	0.22%	0.09%
	TTWO	C	0.02%	0.05%	0.02%
	TXN	C	0.34%	0.26%	0.26%
	UBER	C	0.04%	0.56%	0.04%
	ULTA	D	0.03%	0.05%	0.03%
	UNH	C	1.25%	0.81%	0.81%
	UNP	C	0.4%	0.27%	0.27%
	URI	B	0.12%	0.19%	0.12%
	V	C	0.35%	1.17%	0.35%
	VMC	D	0.04%	0.08%	0.04%
	VRSK	D	0.04%	0.08%	0.04%
	VRSN	D	0.01%	0.03%	0.01%
	VRTX	D	0.08%	0.31%	0.08%
	VST	C	0.11%	0.1%	0.1%
	WAT	C	0.04%	0.03%	0.03%
	WM	D	0.15%	0.14%	0.14%
	WMB	B	0.15%	0.08%	0.08%
	WST	D	0.02%	0.09%	0.02%
	YUM	D	0.08%	0.07%	0.07%
	ZTS	C	0.08%	0.19%	0.08%

FNDX Overweight 510 Positions Relative to SPYG

	Symbol	Grade	Weight
	BRK.A	C	2.29%
	JPM	D	1.94%
	XOM	C	1.92%
	WMT	C	1.51%
	T	C	1.37%
	VZ	B	1.32%
	BAC	D	1.22%
	CVX	D	1.07%
	WFC	D	1.06%
	C	C	1.04%
	JNJ	C	1.0%
	PFE	C	0.75%
	CMCSA	D	0.75%
	CSCO	C	0.73%
	GM	C	0.69%
	CVS	D	0.68%
	IBM	B	0.61%
	INTC	F	0.6%
	LUMN	C	0.57%
	GS	C	0.56%
	CI	C	0.55%
	ELV	C	0.5%
	AMGN	B	0.48%
	LOW	B	0.42%
	MMM	B	0.4%
	LMT	C	0.4%
	MO	C	0.39%
	COF	B	0.39%
	VLO	F	0.38%
	RTX	C	0.37%
	DIS	D	0.37%
	TGT	C	0.37%
	PSX	F	0.36%
	MS	D	0.35%
	GILD	B	0.35%
	BMY	C	0.35%
	MU	F	0.35%
	DUK	C	0.34%
	ABT	C	0.34%
	HON	D	0.34%
	FDX	C	0.32%
	F	F	0.31%
	KR	C	0.3%
	TRV	C	0.3%
	USB	B	0.3%
	SO	B	0.29%
	PNC	B	0.29%
	NEE	C	0.29%
	CB	B	0.29%
	ALL	B	0.29%
	AIG	D	0.28%
	SYF	C	0.27%
	MDT	C	0.27%
	BLK	B	0.26%
	MET	B	0.26%
	BK	B	0.26%
	CNC	D	0.25%
	UPS	D	0.25%
	TMUS	C	0.24%
	AFL	C	0.23%
	GD	B	0.23%
	PRU	C	0.23%
	ADM	D	0.22%
	TFC	C	0.22%
	HUM	F	0.21%
	NSC	C	0.21%
	NOC	B	0.21%
	DOW	D	0.2%
	HPQ	D	0.2%
	TSN	C	0.2%
	BBY	C	0.19%
	PYPL	B	0.19%
	D	C	0.19%
	KMI	B	0.19%
	NEM	B	0.19%
	EBAY	B	0.19%
	EXC	C	0.18%
	DD	B	0.18%
	HPE	D	0.18%
	CTSH	C	0.18%
	AEP	C	0.18%
	DHR	B	0.17%
	CMI	C	0.17%
	LYB	D	0.16%
	LHX	C	0.16%
	EMR	D	0.15%
	JCI	B	0.15%
	IP	B	0.15%
	HIG	B	0.15%
	WBA	F	0.14%
	GLW	C	0.14%
	BKR	C	0.14%
	FITB	B	0.13%
	ICE	C	0.13%
	GIS	B	0.13%
	FIS	B	0.13%
	ED	C	0.13%
	WDC	D	0.13%
	XEL	B	0.12%
	SRE	C	0.12%
	CBRE	A	0.12%
	NRG	C	0.11%
	BG	D	0.11%
	ETR	B	0.11%
	EIX	C	0.11%
	KHC	C	0.11%
	SW	B	0.11%
	CCI	C	0.11%
	OXY	F	0.11%
	SLB	F	0.11%
	WELL	C	0.11%
	BDX	D	0.11%
	KMB	D	0.11%
	PPL	C	0.11%
	TROW	D	0.11%
	PEG	B	0.11%
	APD	B	0.11%
	KEY	B	0.1%
	VTRS	D	0.1%
	MCK	F	0.1%
	ALLY	F	0.1%
	SCHW	D	0.1%
	CFG	C	0.1%
	FE	C	0.1%
	SYY	D	0.1%
	BIIB	F	0.1%
	UHS	B	0.1%
	BAX	C	0.09%
	CTVA	B	0.09%
	FOXA	B	0.09%
	ES	C	0.09%
	VTR	C	0.09%
	JLL	B	0.09%
	WY	C	0.09%
	STT	A	0.09%
	PARA	F	0.09%
	MTB	B	0.09%
	STZ	D	0.08%
	RF	B	0.08%
	LDOS	B	0.08%
	GPN	D	0.08%
	RS	D	0.08%
	OMC	B	0.08%
	EMN	B	0.08%
	THC	A	0.08%
	SWK	B	0.08%
	DVN	F	0.08%
	PLD	C	0.08%
	KDP	B	0.08%
	PFG	B	0.08%
	ARW	C	0.08%
	PPG	D	0.08%
	DG	F	0.08%
	DTE	C	0.08%
	WEC	C	0.08%
	HBAN	B	0.07%
	OGN	D	0.07%
	KMX	D	0.07%
	CAG	C	0.07%
	FNF	B	0.07%
	NTRS	A	0.07%
	AEE	C	0.07%
	WTW	C	0.07%
	KSS	F	0.07%
	PKG	B	0.07%
	GEHC	C	0.07%
	K	B	0.07%
	CINF	B	0.07%
	USFD	B	0.07%
	EVRG	B	0.07%
	AVT	C	0.07%
	CAH	C	0.07%
	DGX	B	0.07%
	CHRW	B	0.07%
	MHK	C	0.07%
	X	F	0.07%
	AVB	B	0.06%
	EME	B	0.06%
	OC	D	0.06%
	CNP	C	0.06%
	TOL	B	0.06%
	HAL	F	0.06%
	WAB	B	0.06%
	SJM	C	0.06%
	WBD	D	0.06%
	EQR	B	0.06%
	CMA	B	0.06%
	VFC	C	0.06%
	A	C	0.06%
	IFF	B	0.06%
	TXT	D	0.06%
	DOV	B	0.06%
	WHR	D	0.06%
	R	A	0.06%
	CMS	C	0.06%
	AES	C	0.06%
	BALL	C	0.06%
	AFG	B	0.05%
	ZBH	F	0.05%
	AA	D	0.05%
	EQH	C	0.05%
	GPI	B	0.05%
	INGR	B	0.05%
	VNO	B	0.05%
	NI	B	0.05%
	SIRI	C	0.05%
	DKS	D	0.05%
	TER	D	0.05%
	SFM	B	0.05%
	TAP	D	0.05%
	BWA	D	0.05%
	CSL	B	0.05%
	ORI	B	0.05%
	AWK	B	0.05%
	MUSA	D	0.05%
	KD	D	0.05%
	DINO	F	0.05%
	UNM	B	0.05%
	DXC	C	0.05%
	QRVO	F	0.05%
	SWKS	D	0.05%
	AN	D	0.05%
	MAN	C	0.05%
	ZION	D	0.05%
	L	C	0.05%
	OMF	D	0.05%
	LKQ	F	0.05%
	LNG	C	0.05%
	PFGC	B	0.05%
	LAD	D	0.05%
	WSM	D	0.05%
	M	F	0.05%
	LEA	F	0.05%
	FLEX	C	0.05%
	JEF	B	0.05%
	BXP	B	0.05%
	LNC	D	0.05%
	GPC	D	0.05%
	CASY	D	0.05%
	MOS	F	0.05%
	JNPR	B	0.05%
	J	C	0.05%
	ZBRA	B	0.04%
	ESS	B	0.04%
	HAS	B	0.04%
	RPM	B	0.04%
	CPB	C	0.04%
	MTH	A	0.04%
	WRB	C	0.04%
	SLM	D	0.04%
	AYI	B	0.04%
	MAA	B	0.04%
	CNO	B	0.04%
	BAH	C	0.04%
	BAP	B	0.04%
	MRVL	C	0.04%
	EL	F	0.04%
	TMHC	A	0.04%
	XYL	C	0.04%
	WU	F	0.04%
	THO	D	0.04%
	SSNC	B	0.04%
	JXN	A	0.04%
	EXR	B	0.04%
	TPR	C	0.04%
	IPG	C	0.04%
	RMD	C	0.04%
	MKC	C	0.04%
	CCK	A	0.04%
	MRNA	F	0.04%
	FYBR	C	0.04%
	DOX	C	0.04%
	BEN	F	0.04%
	ATO	B	0.04%
	CLX	C	0.04%
	PVH	F	0.04%
	KNX	C	0.04%
	EVR	A	0.04%
	DOC	C	0.04%
	GAP	F	0.04%
	RJF	C	0.04%
	SOLV	C	0.04%
	NWSA	D	0.04%
	HSIC	C	0.04%
	AVY	C	0.04%
	JBHT	D	0.04%
	BERY	B	0.04%
	RGA	C	0.04%
	O	C	0.04%
	APTV	D	0.04%
	ACM	B	0.04%
	LNT	B	0.04%
	ALSN	B	0.04%
	FAF	B	0.04%
	IVZ	B	0.04%
	ZIM	C	0.04%
	HOLX	B	0.04%
	HII	D	0.04%
	DLTR	F	0.04%
	TDS	C	0.04%
	PNW	C	0.04%
	MKL	C	0.04%
	OVV	F	0.04%
	UGI	C	0.04%
	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%
	CW	B	0.03%
	CIEN	C	0.03%
	BC	C	0.03%
	TRMB	C	0.03%
	FLR	D	0.03%
	ILMN	C	0.03%
	UDR	C	0.03%
	GNTX	F	0.03%
	EWBC	D	0.03%
	CLF	F	0.03%
	SCI	B	0.03%
	SON	C	0.03%
	EG	C	0.03%
	SAIC	C	0.03%
	LPLA	D	0.03%
	AVTR	B	0.03%
	SUI	B	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%
	PCG	C	0.03%
	NWL	C	0.03%
	AIZ	B	0.03%
	VOYA	B	0.03%
	TRU	B	0.03%
	GT	F	0.03%
	FMC	C	0.03%
	KVUE	C	0.03%
	INVH	C	0.03%
	CRBG	D	0.03%
	OLN	D	0.03%
	CHKP	B	0.03%
	MLI	A	0.03%
	SLG	B	0.03%
	LII	B	0.03%
	FFIV	B	0.03%
	GNW	B	0.03%
	TPH	C	0.03%
	APO	C	0.03%
	MTZ	B	0.03%
	KIM	C	0.03%
	OGE	C	0.03%
	WCC	D	0.03%
	ARMK	B	0.03%
	GL	C	0.03%
	NXST	D	0.03%
	KBH	A	0.03%
	SANM	D	0.03%
	RHI	D	0.03%
	NDAQ	A	0.03%
	CCEP	B	0.03%
	ARE	C	0.03%
	BURL	B	0.03%
	HBI	B	0.03%
	CACI	B	0.03%
	KEYS	C	0.03%
	WSO	C	0.03%
	BCC	B	0.03%
	UFPI	C	0.03%
	HRL	C	0.03%
	GPK	B	0.03%
	OSK	F	0.03%
	FL	D	0.03%
	CNH	D	0.03%
	EQT	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	B	0.02%
	FTI	D	0.02%
	CAR	F	0.02%
	GXO	D	0.02%
	AMCR	B	0.02%
	BECN	D	0.02%
	LECO	F	0.02%
	SM	F	0.02%
	ICLR	D	0.02%
	WERN	D	0.02%
	CC	F	0.02%
	XRAY	D	0.02%
	PENN	D	0.02%
	FLO	C	0.02%
	PRGO	D	0.02%
	REZI	D	0.02%
	MKSI	F	0.02%
	SQ	D	0.02%
	DAR	F	0.02%
	CHK	D	0.02%
	TGNA	D	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%
	FSLR	C	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	C	0.02%
	GGG	C	0.02%
	ALB	D	0.02%
	NDSN	C	0.02%
	MUR	F	0.02%
	UHAL	A	0.02%
	RUSHA	C	0.02%
	ASO	C	0.02%
	NFG	B	0.02%
	PAG	D	0.02%
	XRX	D	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	C	0.02%
	GLPI	C	0.02%
	MPW	C	0.02%
	STWD	B	0.02%
	AR	F	0.02%
	NOV	F	0.02%
	POST	C	0.02%
	AXTA	B	0.02%
	TFX	C	0.02%
	ABG	D	0.02%
	ATR	B	0.02%
	IEX	D	0.02%
	LUV	C	0.02%
	BJ	D	0.02%
	JKHY	B	0.02%
	ABM	D	0.02%
	PII	D	0.02%
	MDU	C	0.02%
	CTLT	B	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%
	TDY	B	0.02%
	G	C	0.02%
	NSIT	D	0.02%
	VICI	C	0.02%
	BRX	B	0.02%
	EHC	C	0.02%
	SEE	D	0.02%
	ALV	F	0.02%
	SNV	C	0.02%
	LSTR	D	0.02%
	THG	B	0.02%
	LAMR	B	0.02%
	HOG	C	0.02%
	SNX	D	0.02%
	HTZ	F	0.01%
	ALK	C	0.01%
	CNXC	F	0.01%
	COHR	C	0.01%
	MATX	B	0.01%
	DELL	D	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%
	MMS	C	0.01%
	AEO	F	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%
	AAL	D	0.0%

FNDX Underweight 21 Positions Relative to SPYG

	Symbol	Grade	Weight
	CRWD	D	-0.23%
	FICO	B	-0.18%
	MPWR	C	-0.17%
	RCL	B	-0.15%
	AXON	B	-0.11%
	TYL	C	-0.1%
	ABNB	D	-0.1%
	SMCI	F	-0.09%
	DXCM	F	-0.07%
	PTC	D	-0.05%
	CSGP	D	-0.05%
	LYV	B	-0.05%
	WYNN	D	-0.03%
	FDS	C	-0.03%
	NCLH	C	-0.03%
	DAY	D	-0.02%
	ENPH	D	-0.02%
	ROL	C	-0.02%
	PODD	B	-0.02%
	ETSY	F	-0.01%
	PAYC	D	-0.01%

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

SPYG: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Business Services Diversified Industrials Oil & Gas E&P Diagnostics & Research Restaurants Specialty Retail Internet Content & Information Leisure Medical Devices Specialty Industrial Machinery Building Materials Capital Markets Credit Services Information Technology Services Insurance Brokers Residential Construction Resorts & Casinos Semiconductor Equipment & Materials

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Electronics Natural Gas IBD 50 Integrated Circuits Mobile Devices Semiconductor Chemical Cloud Computing Software Work From Home Insurance Medicine Smartphones Telecommunications Transport Aerospace