FNDX vs. USXF ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to iShares ESG Advanced MSCI USA ETF (USXF)

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

USXF

iShares ESG Advanced MSCI USA ETF

USXF Description

The investment seeks to track the investment results of the MSCI USA Choice ESG Screened Index (the “underlying index”). The underlying index is a free float-adjusted market capitalization-weighted index designed to reflect the equity performance of large- and mid-capitalization U.S. companies with favorable environmental, social and governance (“ESG”) ratings while applying extensive screens, including removing fossil fuel exposure. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$51.89

Average Daily Volume

82,986

Number of Holdings ^*

347

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	USXF
30 Days	3.67%	3.47%
60 Days	4.58%	6.46%
90 Days	6.53%	6.86%
12 Months	29.67%	38.85%

288 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in USXF	Overlap
A	D	0.05%	0.18%	0.05%
ACGL	D	0.03%	0.17%	0.03%
ACM	A	0.05%	0.07%	0.05%
ADBE	C	0.2%	1.06%	0.2%
ADI	D	0.13%	0.5%	0.13%
ADP	B	0.15%	0.58%	0.15%
ADSK	A	0.03%	0.32%	0.03%
AFL	B	0.21%	0.29%	0.21%
AIG	B	0.28%	0.24%	0.24%
AIZ	A	0.03%	0.05%	0.03%
AJG	B	0.05%	0.31%	0.05%
AKAM	D	0.03%	0.06%	0.03%
ALGN	D	0.02%	0.08%	0.02%
ALLE	D	0.01%	0.06%	0.01%
ALLY	C	0.1%	0.05%	0.05%
AMAT	F	0.24%	0.67%	0.24%
AMD	F	0.09%	1.08%	0.09%
AME	A	0.05%	0.22%	0.05%
AMGN	D	0.39%	0.72%	0.39%
AMP	A	0.15%	0.27%	0.15%
AMT	D	0.11%	0.45%	0.11%
ANET	C	0.04%	0.48%	0.04%
ANSS	B	0.02%	0.14%	0.02%
AON	A	0.13%	0.36%	0.13%
AOS	F	0.02%	0.04%	0.02%
APD	A	0.13%	0.35%	0.13%
APH	A	0.09%	0.41%	0.09%
APO	B	0.03%	0.32%	0.03%
ARE	D	0.03%	0.08%	0.03%
AVB	B	0.05%	0.16%	0.05%
AVGO	D	0.61%	3.51%	0.61%
AVTR	F	0.02%	0.06%	0.02%
AVY	D	0.04%	0.08%	0.04%
AWK	D	0.04%	0.13%	0.04%
AXP	A	0.36%	0.79%	0.36%
AZO	C	0.06%	0.26%	0.06%
BAH	F	0.03%	0.09%	0.03%
BALL	D	0.06%	0.09%	0.06%
BBWI	D	0.03%	0.03%	0.03%
BBY	D	0.16%	0.09%	0.09%
BEN	C	0.04%	0.03%	0.03%
BIIB	F	0.09%	0.11%	0.09%
BK	A	0.26%	0.28%	0.26%
BKNG	A	0.24%	0.81%	0.24%
BLDR	D	0.06%	0.1%	0.06%
BLK	C	0.28%	0.73%	0.28%
BR	A	0.03%	0.13%	0.03%
BRO	B	0.02%	0.13%	0.02%
BXP	D	0.05%	0.06%	0.05%
CAG	D	0.06%	0.06%	0.06%
CB	C	0.26%	0.53%	0.26%
CBOE	B	0.01%	0.1%	0.01%
CBRE	B	0.13%	0.2%	0.13%
CCI	D	0.09%	0.22%	0.09%
CCK	C	0.04%	0.05%	0.04%
CDNS	B	0.03%	0.39%	0.03%
CDW	F	0.04%	0.11%	0.04%
CF	B	0.07%	0.08%	0.07%
CG	A	0.03%	0.06%	0.03%
CHD	B	0.04%	0.13%	0.04%
CHRW	C	0.08%	0.06%	0.06%
CHTR	C	0.35%	0.17%	0.17%
CLX	B	0.04%	0.1%	0.04%
CMCSA	B	0.83%	0.8%	0.8%
CME	A	0.08%	0.4%	0.08%
CMI	A	0.19%	0.24%	0.19%
CNH	C	0.02%	0.05%	0.02%
COF	B	0.48%	0.33%	0.33%
CPB	D	0.03%	0.04%	0.03%
CPRT	A	0.03%	0.23%	0.03%
CRL	C	0.01%	0.05%	0.01%
CSL	C	0.05%	0.1%	0.05%
CTAS	B	0.08%	0.38%	0.08%
CTLT	B	0.02%	0.05%	0.02%
CTSH	B	0.19%	0.18%	0.18%
DE	A	0.23%	0.5%	0.23%
DECK	A	0.03%	0.13%	0.03%
DFS	B	0.26%	0.21%	0.21%
DG	F	0.08%	0.08%	0.08%
DGX	A	0.07%	0.09%	0.07%
DHI	D	0.16%	0.23%	0.16%
DHR	F	0.15%	0.74%	0.15%
DLR	B	0.08%	0.29%	0.08%
DOC	D	0.03%	0.07%	0.03%
DOV	A	0.06%	0.13%	0.06%
DPZ	C	0.03%	0.07%	0.03%
DRI	B	0.05%	0.09%	0.05%
DVA	B	0.06%	0.04%	0.04%
EA	A	0.09%	0.2%	0.09%
EBAY	D	0.17%	0.15%	0.15%
EG	C	0.02%	0.08%	0.02%
EL	F	0.03%	0.07%	0.03%
ELV	F	0.36%	0.44%	0.36%
EME	C	0.06%	0.12%	0.06%
EPAM	C	0.02%	0.06%	0.02%
EQIX	A	0.08%	0.42%	0.08%
EQR	B	0.05%	0.12%	0.05%
ETN	A	0.23%	0.7%	0.23%
EW	C	0.04%	0.2%	0.04%
EXPD	D	0.04%	0.08%	0.04%
FAST	B	0.07%	0.22%	0.07%
FBIN	D	0.04%	0.04%	0.04%
FFIV	B	0.03%	0.07%	0.03%
FI	A	0.13%	0.6%	0.13%
FIS	C	0.12%	0.23%	0.12%
FSLR	F	0.01%	0.09%	0.01%
FTNT	C	0.03%	0.28%	0.03%
FTV	C	0.03%	0.13%	0.03%
GDDY	A	0.03%	0.13%	0.03%
GEHC	F	0.09%	0.17%	0.09%
GEN	B	0.04%	0.08%	0.04%
GEV	B	0.04%	0.45%	0.04%
GIS	D	0.11%	0.17%	0.11%
GLW	B	0.14%	0.19%	0.14%
GPC	D	0.05%	0.08%	0.05%
GPN	B	0.09%	0.14%	0.09%
GRMN	B	0.03%	0.15%	0.03%
GWW	B	0.08%	0.25%	0.08%
HBAN	A	0.08%	0.12%	0.08%
HCA	F	0.2%	0.32%	0.2%
HD	A	0.8%	1.94%	0.8%
HIG	B	0.14%	0.17%	0.14%
HLT	A	0.06%	0.3%	0.06%
HOLX	D	0.04%	0.09%	0.04%
HPE	B	0.21%	0.13%	0.13%
HRL	D	0.03%	0.04%	0.03%
HSIC	B	0.04%	0.05%	0.04%
HST	C	0.04%	0.06%	0.04%
HUBB	B	0.03%	0.12%	0.03%
HUM	C	0.19%	0.16%	0.16%
HWM	A	0.07%	0.22%	0.07%
ICE	C	0.11%	0.43%	0.11%
IDXX	F	0.02%	0.16%	0.02%
IEX	B	0.03%	0.08%	0.03%
IFF	D	0.05%	0.11%	0.05%
ILMN	D	0.03%	0.1%	0.03%
INTC	D	0.89%	0.49%	0.49%
INTU	C	0.11%	0.86%	0.11%
INVH	D	0.03%	0.1%	0.03%
IP	B	0.17%	0.09%	0.09%
IPG	D	0.04%	0.05%	0.04%
IQV	D	0.07%	0.17%	0.07%
IR	B	0.03%	0.2%	0.03%
IRM	D	0.06%	0.16%	0.06%
IT	C	0.03%	0.19%	0.03%
ITW	B	0.15%	0.38%	0.15%
JBHT	C	0.05%	0.07%	0.05%
JBL	B	0.06%	0.07%	0.06%
JKHY	D	0.02%	0.06%	0.02%
JNPR	F	0.05%	0.05%	0.05%
K	A	0.07%	0.11%	0.07%
KDP	D	0.07%	0.17%	0.07%
KEY	B	0.1%	0.09%	0.09%
KEYS	A	0.04%	0.13%	0.04%
KIM	A	0.03%	0.08%	0.03%
KLAC	D	0.08%	0.4%	0.08%
KMX	B	0.06%	0.06%	0.06%
KNX	B	0.04%	0.04%	0.04%
KVUE	A	0.05%	0.22%	0.05%
LII	A	0.03%	0.1%	0.03%
LIN	D	0.33%	1.03%	0.33%
LKQ	D	0.05%	0.05%	0.05%
LOW	D	0.43%	0.71%	0.43%
LPLA	A	0.04%	0.11%	0.04%
LRCX	F	0.15%	0.44%	0.15%
LULU	C	0.01%	0.16%	0.01%
LW	C	0.02%	0.05%	0.02%
MA	C	0.29%	2.07%	0.29%
MAS	D	0.05%	0.08%	0.05%
MCHP	D	0.05%	0.17%	0.05%
MCO	B	0.07%	0.37%	0.07%
MKC	D	0.03%	0.09%	0.03%
MLM	B	0.04%	0.17%	0.04%
MMC	B	0.14%	0.52%	0.14%
MOH	F	0.05%	0.08%	0.05%
MOS	F	0.06%	0.04%	0.04%
MRNA	F	0.03%	0.06%	0.03%
MRVL	B	0.04%	0.37%	0.04%
MS	A	0.46%	0.77%	0.46%
MTB	A	0.11%	0.17%	0.11%
MTD	D	0.03%	0.12%	0.03%
MU	D	0.38%	0.52%	0.38%
NDAQ	A	0.03%	0.17%	0.03%
NDSN	B	0.02%	0.07%	0.02%
NEM	D	0.13%	0.24%	0.13%
NOW	A	0.01%	1.01%	0.01%
NTAP	C	0.07%	0.12%	0.07%
NTRS	A	0.08%	0.11%	0.08%
NVDA	C	0.4%	17.37%	0.4%
NVR	D	0.08%	0.13%	0.08%
NXPI	D	0.05%	0.27%	0.05%
OC	A	0.07%	0.08%	0.07%
ODFL	B	0.06%	0.2%	0.06%
OMC	C	0.08%	0.09%	0.08%
ON	D	0.04%	0.14%	0.04%
ORLY	B	0.11%	0.34%	0.11%
OTIS	C	0.05%	0.2%	0.05%
PANW	C	0.03%	0.6%	0.03%
PAYX	C	0.06%	0.22%	0.06%
PCAR	B	0.15%	0.28%	0.15%
PFG	D	0.09%	0.1%	0.09%
PGR	A	0.23%	0.72%	0.23%
PH	A	0.13%	0.43%	0.13%
PHM	D	0.11%	0.13%	0.11%
PKG	A	0.07%	0.1%	0.07%
PLD	D	0.07%	0.51%	0.07%
PNC	B	0.3%	0.39%	0.3%
PNR	A	0.04%	0.08%	0.04%
POOL	C	0.02%	0.07%	0.02%
PPG	F	0.08%	0.14%	0.08%
PRU	A	0.22%	0.22%	0.22%
PSA	D	0.05%	0.25%	0.05%
PWR	A	0.07%	0.23%	0.07%
PYPL	B	0.22%	0.4%	0.22%
QCOM	F	0.43%	0.88%	0.43%
QRVO	F	0.03%	0.03%	0.03%
REG	B	0.02%	0.06%	0.02%
REGN	F	0.1%	0.39%	0.1%
RF	A	0.09%	0.12%	0.09%
RJF	A	0.05%	0.15%	0.05%
RMD	C	0.03%	0.17%	0.03%
ROK	B	0.06%	0.15%	0.06%
ROP	B	0.05%	0.28%	0.05%
ROST	C	0.07%	0.22%	0.07%
RPM	A	0.04%	0.08%	0.04%
RS	B	0.09%	0.08%	0.08%
RSG	A	0.06%	0.22%	0.06%
RVTY	F	0.03%	0.06%	0.03%
SBAC	D	0.02%	0.11%	0.02%
SCHW	B	0.13%	0.58%	0.13%
SHW	A	0.08%	0.43%	0.08%
SJM	D	0.05%	0.06%	0.05%
SNA	A	0.06%	0.09%	0.06%
SNPS	B	0.03%	0.39%	0.03%
SOLV	C	0.02%	0.05%	0.02%
SPG	B	0.1%	0.28%	0.1%
SPGI	C	0.15%	0.77%	0.15%
STE	F	0.03%	0.1%	0.03%
STLD	B	0.11%	0.1%	0.1%
STT	A	0.1%	0.14%	0.1%
STX	D	0.09%	0.09%	0.09%
SW	A	0.09%	0.13%	0.09%
SWK	D	0.07%	0.06%	0.06%
SWKS	F	0.04%	0.06%	0.04%
SYF	B	0.34%	0.12%	0.12%
SYK	C	0.13%	0.64%	0.13%
TER	D	0.04%	0.08%	0.04%
TFC	A	0.23%	0.3%	0.23%
TFX	F	0.02%	0.04%	0.02%
TGT	F	0.38%	0.35%	0.35%
TJX	A	0.22%	0.65%	0.22%
TRMB	B	0.03%	0.08%	0.03%
TROW	B	0.13%	0.13%	0.13%
TRU	D	0.03%	0.09%	0.03%
TRV	B	0.31%	0.29%	0.29%
TSCO	D	0.06%	0.14%	0.06%
TT	A	0.06%	0.45%	0.06%
TTC	D	0.02%	0.04%	0.02%
TXN	C	0.34%	0.88%	0.34%
UHAL	D	0.02%	0.03%	0.02%
ULTA	F	0.03%	0.08%	0.03%
URI	B	0.13%	0.26%	0.13%
USB	A	0.32%	0.38%	0.32%
V	A	0.36%	2.36%	0.36%
VMC	B	0.05%	0.18%	0.05%
VRSK	A	0.04%	0.19%	0.04%
VRSN	F	0.01%	0.08%	0.01%
VRTX	F	0.07%	0.56%	0.07%
VTR	C	0.08%	0.13%	0.08%
VZ	C	1.13%	0.85%	0.85%
WAB	B	0.06%	0.17%	0.06%
WAT	B	0.04%	0.1%	0.04%
WBA	F	0.17%	0.03%	0.03%
WBD	C	0.08%	0.11%	0.08%
WDC	D	0.12%	0.1%	0.1%
WELL	A	0.1%	0.4%	0.1%
WLK	D	0.02%	0.02%	0.02%
WM	A	0.15%	0.42%	0.15%
WPC	D	0.02%	0.06%	0.02%
WSM	B	0.04%	0.08%	0.04%
WSO	A	0.03%	0.09%	0.03%
WST	C	0.02%	0.11%	0.02%
WTW	B	0.07%	0.15%	0.07%
XYL	D	0.03%	0.14%	0.03%
YUM	B	0.08%	0.18%	0.08%
ZBH	C	0.05%	0.11%	0.05%
ZBRA	B	0.04%	0.09%	0.04%
ZTS	D	0.07%	0.38%	0.07%

FNDX Overweight 433 Positions Relative to USXF

Symbol	Grade	Weight
AAPL	C	4.35%
MSFT	F	2.43%
BRK.A	B	2.17%
JPM	A	2.03%
XOM	B	1.99%
META	D	1.79%
AMZN	C	1.56%
WMT	A	1.47%
WFC	A	1.35%
GOOGL	C	1.33%
BAC	A	1.3%
T	A	1.27%
CVX	A	1.25%
UNH	C	1.22%
GOOG	C	1.14%
C	A	1.1%
JNJ	D	0.89%
CSCO	B	0.82%
GM	B	0.79%
PG	A	0.77%
CVS	D	0.68%
PFE	D	0.68%
COST	B	0.66%
LUMN	C	0.65%
GS	A	0.62%
IBM	C	0.54%
ORCL	B	0.5%
ABBV	D	0.49%
PM	B	0.48%
CI	F	0.48%
COP	C	0.48%
BMY	B	0.45%
DIS	B	0.45%
MRK	F	0.42%
CAT	B	0.41%
PEP	F	0.41%
MPC	D	0.4%
VLO	C	0.39%
LMT	D	0.37%
HON	B	0.37%
MO	A	0.37%
GILD	C	0.37%
PSX	C	0.36%
ACN	C	0.36%
KO	D	0.35%
MMM	D	0.35%
UNP	C	0.35%
RTX	C	0.34%
ABT	B	0.34%
MCD	D	0.34%
F	C	0.33%
FDX	B	0.32%
DUK	C	0.3%
KR	B	0.3%
TSLA	B	0.28%
SBUX	A	0.28%
UPS	C	0.28%
ALL	A	0.27%
MET	A	0.26%
SO	D	0.26%
TMO	F	0.25%
TMUS	B	0.25%
NEE	D	0.24%
KMI	A	0.23%
EOG	A	0.23%
CSX	B	0.22%
ADM	D	0.21%
NSC	B	0.21%
HPQ	B	0.21%
GD	F	0.21%
MDLZ	F	0.2%
NOC	D	0.2%
TSN	B	0.2%
LLY	F	0.2%
NKE	D	0.19%
CNC	D	0.19%
NUE	C	0.19%
DOW	F	0.18%
EXC	C	0.17%
WMB	A	0.17%
NFLX	A	0.17%
EMR	A	0.17%
D	C	0.17%
DD	D	0.17%
AEP	D	0.16%
VST	B	0.16%
BKR	B	0.16%
LHX	C	0.16%
LEN	D	0.16%
JCI	C	0.16%
MDT	D	0.16%
CRM	B	0.15%
GE	D	0.15%
LYB	F	0.14%
FCX	D	0.14%
OKE	A	0.14%
CL	D	0.13%
FITB	A	0.13%
BX	A	0.13%
SRE	A	0.13%
ED	D	0.12%
ETR	B	0.12%
SLB	C	0.12%
CARR	D	0.12%
KKR	A	0.12%
XEL	A	0.12%
PARA	C	0.11%
MCK	B	0.11%
PEG	A	0.11%
BDX	F	0.11%
OXY	D	0.11%
PPL	B	0.11%
BA	F	0.11%
EIX	B	0.1%
SYY	B	0.1%
FOXA	B	0.1%
KMB	D	0.1%
VTRS	A	0.1%
CEG	D	0.1%
BG	F	0.1%
NRG	B	0.1%
CFG	B	0.1%
MRO	B	0.09%
ISRG	A	0.09%
FE	C	0.09%
DVN	F	0.09%
CTVA	C	0.09%
BSX	B	0.09%
MAR	B	0.09%
WY	D	0.09%
LH	C	0.09%
KHC	F	0.09%
ARW	D	0.08%
EMN	D	0.08%
USFD	A	0.08%
WHR	B	0.08%
ES	D	0.08%
UHS	D	0.08%
WEC	A	0.08%
WKC	D	0.08%
ECL	D	0.08%
JLL	D	0.08%
BAX	D	0.07%
VFC	C	0.07%
MSI	B	0.07%
CMA	A	0.07%
AEE	A	0.07%
TRGP	B	0.07%
THC	D	0.07%
EVRG	A	0.07%
STZ	D	0.07%
CAH	B	0.07%
R	B	0.07%
CINF	A	0.07%
X	C	0.07%
LAD	A	0.07%
AVT	C	0.07%
DTE	C	0.07%
LDOS	C	0.07%
OVV	B	0.06%
HES	B	0.06%
TOL	B	0.06%
M	D	0.06%
MGM	D	0.06%
CPAY	A	0.06%
JEF	A	0.06%
TXT	D	0.06%
UNM	A	0.06%
CMS	C	0.06%
AA	B	0.06%
ZION	B	0.06%
OMF	A	0.06%
MHK	D	0.06%
LNG	B	0.06%
CCL	B	0.06%
FLEX	A	0.06%
PFGC	B	0.06%
CNP	B	0.06%
HAL	C	0.06%
FNF	B	0.06%
TDG	D	0.06%
KSS	F	0.06%
VNO	B	0.05%
NI	A	0.05%
MNST	C	0.05%
AFG	A	0.05%
INGR	B	0.05%
ORI	A	0.05%
MKL	A	0.05%
DLTR	F	0.05%
IVZ	B	0.05%
L	A	0.05%
AES	F	0.05%
AN	C	0.05%
KD	B	0.05%
DXC	B	0.05%
ALSN	B	0.05%
LEA	D	0.05%
EQH	B	0.05%
TDS	B	0.05%
GPI	A	0.05%
FANG	D	0.05%
CASY	A	0.05%
DINO	D	0.05%
BWA	D	0.05%
J	F	0.05%
TPR	B	0.05%
SFM	A	0.05%
BFH	B	0.05%
LNC	B	0.05%
TAP	C	0.05%
O	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%
ZIM	C	0.04%
UFPI	B	0.04%
LVS	C	0.04%
FYBR	D	0.04%
CMG	B	0.04%
HSY	F	0.04%
CNO	A	0.04%
DOX	D	0.04%
CRBG	B	0.04%
SLM	A	0.04%
TMHC	B	0.04%
DKS	C	0.04%
GT	C	0.04%
RGA	A	0.04%
ATO	A	0.04%
RHI	B	0.04%
LNT	A	0.04%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	0.04%
PVH	C	0.04%
NWSA	B	0.04%
PNW	B	0.04%
AYI	B	0.04%
WCC	B	0.04%
THO	B	0.04%
EVR	B	0.04%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
EQT	B	0.04%
UGI	A	0.04%
DELL	C	0.03%
EXP	A	0.03%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
PRI	A	0.03%
AR	B	0.03%
FMC	D	0.03%
SCI	B	0.03%
ACI	C	0.03%
TDY	B	0.03%
GNTX	C	0.03%
AAP	C	0.03%
BTU	B	0.03%
SQ	B	0.03%
ITT	A	0.03%
KBH	D	0.03%
BURL	A	0.03%
CW	B	0.03%
TPH	D	0.03%
G	B	0.03%
FLR	B	0.03%
SNX	C	0.03%
BC	C	0.03%
PCG	A	0.03%
ABG	B	0.03%
SNV	B	0.03%
ALB	C	0.03%
SEIC	B	0.03%
MSCI	C	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
EFX	F	0.03%
DAL	C	0.03%
CAR	C	0.03%
OGE	B	0.03%
GPK	C	0.03%
HAS	D	0.03%
EXR	D	0.03%
FL	F	0.03%
RRX	B	0.03%
RL	B	0.03%
AGCO	D	0.03%
CACI	D	0.03%
APA	D	0.03%
ESS	B	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
HII	D	0.03%
EWBC	A	0.03%
WU	D	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
MAA	B	0.03%
HUN	F	0.03%
FHN	A	0.03%
CTRA	B	0.03%
CMC	B	0.03%
OLN	D	0.03%
CE	F	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%
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%
LEG	F	0.02%
BPOP	B	0.02%
CHKP	D	0.02%
ARCH	B	0.02%
TKR	D	0.02%
MIDD	C	0.02%
AER	B	0.02%
NSIT	F	0.02%
KBR	F	0.02%
POR	C	0.02%
MKSI	C	0.02%
VAC	B	0.02%
XRX	F	0.02%
ASO	F	0.02%
GLPI	C	0.02%
WERN	C	0.02%
OI	C	0.02%
POST	C	0.02%
NFG	A	0.02%
ASGN	F	0.02%
NAVI	C	0.02%
SM	B	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%
HUBG	A	0.02%
SLG	B	0.02%
GGG	B	0.02%
GXO	B	0.02%
PENN	C	0.02%
CPT	B	0.02%
HOG	D	0.02%
APTV	D	0.02%
NOV	C	0.02%
DCI	B	0.02%
FCNCA	A	0.02%
NVT	B	0.02%
BECN	B	0.02%
SKX	D	0.02%
CC	C	0.02%
SUI	D	0.02%
LAMR	D	0.02%
PK	B	0.02%
BRX	A	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%
LUV	C	0.02%
VSH	D	0.01%
ANDE	D	0.01%
LILAK	D	0.01%
CNXC	F	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%
TNL	A	0.01%
PRGO	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
FTI	A	0.01%
JWN	C	0.01%
HRB	D	0.01%
XRAY	F	0.01%
DK	C	0.01%
HTZ	C	0.01%
DAN	D	0.01%
UNFI	A	0.01%
CRI	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 59 Positions Relative to USXF

Symbol	Grade	Weight
MELI	D	-0.42%
CRWD	B	-0.39%
CRH	A	-0.33%
MSTR	C	-0.32%
RCL	A	-0.28%
FICO	B	-0.27%
DASH	A	-0.26%
WDAY	B	-0.26%
VRT	B	-0.24%
WCN	A	-0.23%
AXON	A	-0.21%
TEL	B	-0.21%
FERG	B	-0.2%
SNOW	C	-0.19%
TEAM	A	-0.19%
DDOG	A	-0.18%
VEEV	C	-0.16%
HUBS	A	-0.16%
MPWR	F	-0.14%
NET	B	-0.14%
CSGP	D	-0.14%
ALNY	D	-0.14%
DXCM	D	-0.14%
TYL	B	-0.12%
VLTO	D	-0.12%
PTC	A	-0.11%
MDB	C	-0.1%
LYV	A	-0.1%
FDS	B	-0.09%
PODD	C	-0.09%
ZS	C	-0.09%
TWLO	A	-0.08%
DOCU	A	-0.08%
MANH	D	-0.08%
FWONK	B	-0.08%
ROL	B	-0.07%
DT	C	-0.07%
ENTG	D	-0.07%
UTHR	C	-0.07%
TOST	B	-0.07%
PSTG	D	-0.07%
INCY	C	-0.06%
DAY	B	-0.06%
BMRN	D	-0.06%
NBIX	C	-0.06%
OKTA	C	-0.06%
AMH	D	-0.06%
NLY	C	-0.05%
RPRX	D	-0.05%
EXAS	D	-0.05%
MKTX	D	-0.05%
TECH	D	-0.05%
IOT	A	-0.05%
PAYC	B	-0.05%
BSY	D	-0.04%
ENPH	F	-0.04%
BIO	D	-0.03%
H	B	-0.03%
AZPN	A	-0.03%