FNDX vs. VOOV ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Vanguard S&P 500 Value ETF (VOOV)

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

VOOV

Vanguard S&P 500 Value ETF

VOOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P 500® Value Index, which represents the value companies of the S&P 500 Index. The index measures the performance of large-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$197.06

Average Daily Volume

85,431

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	VOOV
30 Days	3.67%	2.85%
60 Days	4.58%	4.00%
90 Days	6.53%	6.10%
12 Months	29.67%	26.15%

413 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in VOOV	Overlap
	A	D	0.05%	0.18%	0.05%
	ABBV	D	0.49%	1.09%	0.49%
	ABT	B	0.34%	0.95%	0.34%
	ACN	C	0.36%	0.48%	0.36%
	ADI	D	0.13%	0.22%	0.13%
	ADM	D	0.21%	0.13%	0.13%
	ADP	B	0.15%	0.35%	0.15%
	ADSK	A	0.03%	0.14%	0.03%
	AEE	A	0.07%	0.11%	0.07%
	AEP	D	0.16%	0.25%	0.16%
	AES	F	0.05%	0.06%	0.05%
	AFL	B	0.21%	0.25%	0.21%
	AIG	B	0.28%	0.24%	0.24%
	AIZ	A	0.03%	0.05%	0.03%
	AJG	B	0.05%	0.15%	0.05%
	AKAM	D	0.03%	0.04%	0.03%
	ALB	C	0.03%	0.05%	0.03%
	ALGN	D	0.02%	0.03%	0.02%
	ALL	A	0.27%	0.24%	0.24%
	ALLE	D	0.01%	0.04%	0.01%
	AMCR	D	0.03%	0.08%	0.03%
	AME	A	0.05%	0.11%	0.05%
	AMGN	D	0.39%	0.83%	0.39%
	AMP	A	0.15%	0.11%	0.11%
	AMT	D	0.11%	0.28%	0.11%
	ANSS	B	0.02%	0.06%	0.02%
	AON	A	0.13%	0.19%	0.13%
	AOS	F	0.02%	0.02%	0.02%
	APD	A	0.13%	0.33%	0.13%
	APH	A	0.09%	0.17%	0.09%
	APTV	D	0.02%	0.07%	0.02%
	ARE	D	0.03%	0.08%	0.03%
	ATO	A	0.04%	0.1%	0.04%
	AVB	B	0.05%	0.15%	0.05%
	AVY	D	0.04%	0.08%	0.04%
	AWK	D	0.04%	0.13%	0.04%
	AXP	A	0.36%	0.22%	0.22%
	AZO	C	0.06%	0.08%	0.06%
	BA	F	0.11%	0.29%	0.11%
	BAC	A	1.3%	1.36%	1.3%
	BALL	D	0.06%	0.09%	0.06%
	BAX	D	0.07%	0.09%	0.07%
	BBY	D	0.16%	0.09%	0.09%
	BDX	F	0.11%	0.32%	0.11%
	BEN	C	0.04%	0.03%	0.03%
	BG	F	0.1%	0.06%	0.06%
	BIIB	F	0.09%	0.12%	0.09%
	BK	A	0.26%	0.27%	0.26%
	BKR	B	0.16%	0.18%	0.16%
	BLK	C	0.28%	0.66%	0.28%
	BMY	B	0.45%	0.54%	0.45%
	BR	A	0.03%	0.05%	0.03%
	BRK.A	B	2.17%	3.97%	2.17%
	BRO	B	0.02%	0.03%	0.02%
	BSX	B	0.09%	0.27%	0.09%
	BWA	D	0.05%	0.04%	0.04%
	BX	A	0.13%	0.16%	0.13%
	BXP	D	0.05%	0.06%	0.05%
	C	A	1.1%	0.59%	0.59%
	CAG	D	0.06%	0.07%	0.06%
	CAH	B	0.07%	0.13%	0.07%
	CARR	D	0.12%	0.15%	0.12%
	CAT	B	0.41%	0.37%	0.37%
	CB	C	0.26%	0.51%	0.26%
	CBOE	B	0.01%	0.04%	0.01%
	CBRE	B	0.13%	0.19%	0.13%
	CCI	D	0.09%	0.22%	0.09%
	CCL	B	0.06%	0.03%	0.03%
	CDW	F	0.04%	0.07%	0.04%
	CEG	D	0.1%	0.22%	0.1%
	CF	B	0.07%	0.03%	0.03%
	CFG	B	0.1%	0.09%	0.09%
	CHD	B	0.04%	0.06%	0.04%
	CHRW	C	0.08%	0.06%	0.06%
	CHTR	C	0.35%	0.08%	0.08%
	CI	F	0.48%	0.42%	0.42%
	CINF	A	0.07%	0.11%	0.07%
	CL	D	0.13%	0.22%	0.13%
	CLX	B	0.04%	0.09%	0.04%
	CMCSA	B	0.83%	0.81%	0.81%
	CME	A	0.08%	0.25%	0.08%
	CMI	A	0.19%	0.22%	0.19%
	CMS	C	0.06%	0.1%	0.06%
	CNC	D	0.19%	0.16%	0.16%
	CNP	B	0.06%	0.09%	0.06%
	COF	B	0.48%	0.3%	0.3%
	COP	C	0.48%	0.19%	0.19%
	COR	B	0.02%	0.19%	0.02%
	COST	B	0.66%	1.08%	0.66%
	CPB	D	0.03%	0.04%	0.03%
	CPT	B	0.02%	0.06%	0.02%
	CRL	C	0.01%	0.04%	0.01%
	CSCO	B	0.82%	1.06%	0.82%
	CSX	B	0.22%	0.16%	0.16%
	CTAS	B	0.08%	0.15%	0.08%
	CTLT	B	0.02%	0.05%	0.02%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	B	0.19%	0.18%	0.18%
	CTVA	C	0.09%	0.2%	0.09%
	CVS	D	0.68%	0.34%	0.34%
	CVX	A	1.25%	1.22%	1.22%
	CZR	F	0.02%	0.02%	0.02%
	D	C	0.17%	0.24%	0.17%
	DAL	C	0.03%	0.08%	0.03%
	DD	D	0.17%	0.17%	0.17%
	DE	A	0.23%	0.21%	0.21%
	DELL	C	0.03%	0.08%	0.03%
	DFS	B	0.26%	0.08%	0.08%
	DG	F	0.08%	0.08%	0.08%
	DGX	A	0.07%	0.08%	0.07%
	DHR	F	0.15%	0.76%	0.15%
	DIS	B	0.45%	0.84%	0.45%
	DLR	B	0.08%	0.16%	0.08%
	DLTR	F	0.05%	0.06%	0.05%
	DOC	D	0.03%	0.08%	0.03%
	DOV	A	0.06%	0.13%	0.06%
	DOW	F	0.18%	0.17%	0.17%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.05%	0.04%	0.04%
	DTE	C	0.07%	0.12%	0.07%
	DUK	C	0.3%	0.43%	0.3%
	DVA	B	0.06%	0.01%	0.01%
	DVN	F	0.09%	0.12%	0.09%
	EA	A	0.09%	0.1%	0.09%
	EBAY	D	0.17%	0.14%	0.14%
	ECL	D	0.08%	0.15%	0.08%
	ED	D	0.12%	0.17%	0.12%
	EFX	F	0.03%	0.1%	0.03%
	EG	C	0.02%	0.07%	0.02%
	EIX	B	0.1%	0.15%	0.1%
	EL	F	0.03%	0.08%	0.03%
	ELV	F	0.36%	0.45%	0.36%
	EMN	D	0.08%	0.06%	0.06%
	EMR	A	0.17%	0.23%	0.17%
	EOG	A	0.23%	0.11%	0.11%
	EPAM	C	0.02%	0.03%	0.02%
	EQIX	A	0.08%	0.22%	0.08%
	EQR	B	0.05%	0.12%	0.05%
	EQT	B	0.04%	0.1%	0.04%
	ES	D	0.08%	0.11%	0.08%
	ESS	B	0.03%	0.09%	0.03%
	ETN	A	0.23%	0.24%	0.23%
	ETR	B	0.12%	0.16%	0.12%
	EVRG	A	0.07%	0.07%	0.07%
	EW	C	0.04%	0.12%	0.04%
	EXC	C	0.17%	0.19%	0.17%
	EXPD	D	0.04%	0.05%	0.04%
	EXR	D	0.03%	0.17%	0.03%
	F	C	0.33%	0.19%	0.19%
	FAST	B	0.07%	0.11%	0.07%
	FCX	D	0.14%	0.16%	0.14%
	FDX	B	0.32%	0.3%	0.3%
	FE	C	0.09%	0.1%	0.09%
	FFIV	B	0.03%	0.07%	0.03%
	FI	A	0.13%	0.26%	0.13%
	FIS	C	0.12%	0.24%	0.12%
	FITB	A	0.13%	0.14%	0.13%
	FMC	D	0.03%	0.04%	0.03%
	FOXA	B	0.1%	0.05%	0.05%
	FSLR	F	0.01%	0.1%	0.01%
	GD	F	0.21%	0.36%	0.21%
	GE	D	0.15%	0.51%	0.15%
	GEHC	F	0.09%	0.19%	0.09%
	GEN	B	0.04%	0.08%	0.04%
	GEV	B	0.04%	0.23%	0.04%
	GILD	C	0.37%	0.53%	0.37%
	GIS	D	0.11%	0.18%	0.11%
	GL	B	0.03%	0.05%	0.03%
	GLW	B	0.14%	0.18%	0.14%
	GM	B	0.79%	0.27%	0.27%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.05%	0.08%	0.05%
	GPN	B	0.09%	0.13%	0.09%
	GRMN	B	0.03%	0.07%	0.03%
	GS	A	0.62%	0.79%	0.62%
	GWW	B	0.08%	0.06%	0.06%
	HAL	C	0.06%	0.12%	0.06%
	HAS	D	0.03%	0.04%	0.03%
	HBAN	A	0.08%	0.11%	0.08%
	HCA	F	0.2%	0.17%	0.17%
	HD	A	0.8%	1.18%	0.8%
	HIG	B	0.14%	0.16%	0.14%
	HII	D	0.03%	0.04%	0.03%
	HOLX	D	0.04%	0.09%	0.04%
	HON	B	0.37%	0.64%	0.37%
	HPE	B	0.21%	0.12%	0.12%
	HPQ	B	0.21%	0.17%	0.17%
	HRL	D	0.03%	0.04%	0.03%
	HSIC	B	0.04%	0.04%	0.04%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.04%	0.08%	0.04%
	HUBB	B	0.03%	0.06%	0.03%
	HUM	C	0.19%	0.15%	0.15%
	HWM	A	0.07%	0.08%	0.07%
	IBM	C	0.54%	0.92%	0.54%
	ICE	C	0.11%	0.43%	0.11%
	IDXX	F	0.02%	0.07%	0.02%
	IEX	B	0.03%	0.08%	0.03%
	IFF	D	0.05%	0.12%	0.05%
	INTC	D	0.89%	0.44%	0.44%
	INVH	D	0.03%	0.09%	0.03%
	IP	B	0.17%	0.09%	0.09%
	IPG	D	0.04%	0.05%	0.04%
	IQV	D	0.07%	0.11%	0.07%
	IR	B	0.03%	0.04%	0.03%
	IRM	D	0.06%	0.09%	0.06%
	ISRG	A	0.09%	0.29%	0.09%
	ITW	B	0.15%	0.18%	0.15%
	IVZ	B	0.05%	0.04%	0.04%
	J	F	0.05%	0.08%	0.05%
	JBHT	C	0.05%	0.07%	0.05%
	JBL	B	0.06%	0.03%	0.03%
	JCI	C	0.16%	0.18%	0.16%
	JKHY	D	0.02%	0.06%	0.02%
	JNJ	D	0.89%	1.85%	0.89%
	JNPR	F	0.05%	0.06%	0.05%
	JPM	A	2.03%	3.04%	2.03%
	K	A	0.07%	0.1%	0.07%
	KDP	D	0.07%	0.18%	0.07%
	KEY	B	0.1%	0.08%	0.08%
	KEYS	A	0.04%	0.13%	0.04%
	KHC	F	0.09%	0.14%	0.09%
	KIM	A	0.03%	0.08%	0.03%
	KMB	D	0.1%	0.22%	0.1%
	KMI	A	0.23%	0.23%	0.23%
	KMX	B	0.06%	0.05%	0.05%
	KO	D	0.35%	0.74%	0.35%
	KR	B	0.3%	0.18%	0.18%
	KVUE	A	0.05%	0.21%	0.05%
	L	A	0.05%	0.07%	0.05%
	LDOS	C	0.07%	0.12%	0.07%
	LEN	D	0.16%	0.09%	0.09%
	LH	C	0.09%	0.09%	0.09%
	LHX	C	0.16%	0.23%	0.16%
	LIN	D	0.33%	0.51%	0.33%
	LKQ	D	0.05%	0.05%	0.05%
	LMT	D	0.37%	0.56%	0.37%
	LNT	A	0.04%	0.07%	0.04%
	LOW	D	0.43%	0.72%	0.43%
	LUV	C	0.02%	0.09%	0.02%
	LVS	C	0.04%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.14%	0.11%	0.11%
	MA	C	0.29%	0.56%	0.29%
	MAA	B	0.03%	0.08%	0.03%
	MAS	D	0.05%	0.04%	0.04%
	MCD	D	0.34%	0.56%	0.34%
	MCHP	D	0.05%	0.08%	0.05%
	MCK	B	0.11%	0.31%	0.11%
	MCO	B	0.07%	0.18%	0.07%
	MDLZ	F	0.2%	0.26%	0.2%
	MDT	D	0.16%	0.55%	0.16%
	MET	A	0.26%	0.22%	0.22%
	MGM	D	0.06%	0.01%	0.01%
	MHK	D	0.06%	0.03%	0.03%
	MKC	D	0.03%	0.09%	0.03%
	MLM	B	0.04%	0.06%	0.04%
	MMC	B	0.14%	0.25%	0.14%
	MMM	D	0.35%	0.34%	0.34%
	MNST	C	0.05%	0.07%	0.05%
	MO	A	0.37%	0.45%	0.37%
	MOH	F	0.05%	0.04%	0.04%
	MOS	F	0.06%	0.04%	0.04%
	MPC	D	0.4%	0.11%	0.11%
	MRK	F	0.42%	0.75%	0.42%
	MRNA	F	0.03%	0.09%	0.03%
	MRO	B	0.09%	0.04%	0.04%
	MS	A	0.46%	0.7%	0.46%
	MSCI	C	0.03%	0.09%	0.03%
	MSI	B	0.07%	0.15%	0.07%
	MTB	A	0.11%	0.16%	0.11%
	MTD	D	0.03%	0.08%	0.03%
	MU	D	0.38%	0.53%	0.38%
	NDAQ	A	0.03%	0.15%	0.03%
	NDSN	B	0.02%	0.06%	0.02%
	NEE	D	0.24%	0.78%	0.24%
	NEM	D	0.13%	0.25%	0.13%
	NI	A	0.05%	0.08%	0.05%
	NKE	D	0.19%	0.25%	0.19%
	NOC	D	0.2%	0.34%	0.2%
	NRG	B	0.1%	0.09%	0.09%
	NSC	B	0.21%	0.27%	0.21%
	NTAP	C	0.07%	0.07%	0.07%
	NTRS	A	0.08%	0.1%	0.08%
	NUE	C	0.19%	0.06%	0.06%
	NWSA	B	0.04%	0.05%	0.04%
	NXPI	D	0.05%	0.07%	0.05%
	O	D	0.04%	0.25%	0.04%
	OKE	A	0.14%	0.1%	0.1%
	OMC	C	0.08%	0.1%	0.08%
	ON	D	0.04%	0.08%	0.04%
	ORLY	B	0.11%	0.09%	0.09%
	OTIS	C	0.05%	0.12%	0.05%
	OXY	D	0.11%	0.16%	0.11%
	PARA	C	0.11%	0.03%	0.03%
	PAYX	C	0.06%	0.13%	0.06%
	PCAR	B	0.15%	0.07%	0.07%
	PCG	A	0.03%	0.21%	0.03%
	PEG	A	0.11%	0.21%	0.11%
	PEP	F	0.41%	0.7%	0.41%
	PFE	D	0.68%	0.77%	0.68%
	PFG	D	0.09%	0.08%	0.08%
	PG	A	0.77%	1.14%	0.77%
	PGR	A	0.23%	0.34%	0.23%
	PH	A	0.13%	0.09%	0.09%
	PKG	A	0.07%	0.1%	0.07%
	PLD	D	0.07%	0.5%	0.07%
	PM	B	0.48%	0.63%	0.48%
	PNC	B	0.3%	0.36%	0.3%
	PNR	A	0.04%	0.02%	0.02%
	PNW	B	0.04%	0.05%	0.04%
	POOL	C	0.02%	0.03%	0.02%
	PPG	F	0.08%	0.14%	0.08%
	PPL	B	0.11%	0.12%	0.11%
	PRU	A	0.22%	0.21%	0.21%
	PSA	D	0.05%	0.14%	0.05%
	PSX	C	0.36%	0.25%	0.25%
	PWR	A	0.07%	0.07%	0.07%
	PYPL	B	0.22%	0.39%	0.22%
	QCOM	F	0.43%	0.42%	0.42%
	QRVO	F	0.03%	0.03%	0.03%
	REG	B	0.02%	0.06%	0.02%
	REGN	F	0.1%	0.17%	0.1%
	RF	A	0.09%	0.11%	0.09%
	RJF	A	0.05%	0.13%	0.05%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.03%	0.17%	0.03%
	ROK	B	0.06%	0.08%	0.06%
	ROP	B	0.05%	0.16%	0.05%
	RSG	A	0.06%	0.08%	0.06%
	RTX	C	0.34%	0.77%	0.34%
	RVTY	F	0.03%	0.07%	0.03%
	SBAC	D	0.02%	0.07%	0.02%
	SBUX	A	0.28%	0.22%	0.22%
	SCHW	B	0.13%	0.51%	0.13%
	SHW	A	0.08%	0.2%	0.08%
	SJM	D	0.05%	0.06%	0.05%
	SLB	C	0.12%	0.27%	0.12%
	SNA	A	0.06%	0.05%	0.05%
	SO	D	0.26%	0.48%	0.26%
	SOLV	C	0.02%	0.05%	0.02%
	SPG	B	0.1%	0.16%	0.1%
	SPGI	C	0.15%	0.41%	0.15%
	SRE	A	0.13%	0.25%	0.13%
	STE	F	0.03%	0.05%	0.03%
	STLD	B	0.11%	0.03%	0.03%
	STT	A	0.1%	0.13%	0.1%
	STX	D	0.09%	0.06%	0.06%
	STZ	D	0.07%	0.18%	0.07%
	SW	A	0.09%	0.12%	0.09%
	SWK	D	0.07%	0.07%	0.07%
	SWKS	F	0.04%	0.07%	0.04%
	SYF	B	0.34%	0.1%	0.1%
	SYK	C	0.13%	0.21%	0.13%
	SYY	B	0.1%	0.18%	0.1%
	T	A	1.27%	0.78%	0.78%
	TAP	C	0.05%	0.05%	0.05%
	TDY	B	0.03%	0.1%	0.03%
	TER	D	0.04%	0.08%	0.04%
	TFC	A	0.23%	0.28%	0.23%
	TFX	F	0.02%	0.05%	0.02%
	TGT	F	0.38%	0.33%	0.33%
	TJX	A	0.22%	0.22%	0.22%
	TMO	F	0.25%	0.62%	0.25%
	TMUS	B	0.25%	0.53%	0.25%
	TPR	B	0.05%	0.05%	0.05%
	TRMB	B	0.03%	0.07%	0.03%
	TROW	B	0.13%	0.12%	0.12%
	TRV	B	0.31%	0.27%	0.27%
	TSCO	D	0.06%	0.08%	0.06%
	TSN	B	0.2%	0.08%	0.08%
	TT	A	0.06%	0.12%	0.06%
	TTWO	A	0.03%	0.06%	0.03%
	TXN	C	0.34%	0.56%	0.34%
	TXT	D	0.06%	0.07%	0.06%
	UDR	B	0.02%	0.06%	0.02%
	UHS	D	0.08%	0.06%	0.06%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.22%	1.55%	1.22%
	UNP	C	0.35%	0.37%	0.35%
	UPS	C	0.28%	0.47%	0.28%
	USB	A	0.32%	0.36%	0.32%
	V	A	0.36%	0.79%	0.36%
	VICI	C	0.02%	0.16%	0.02%
	VLO	C	0.39%	0.2%	0.2%
	VMC	B	0.05%	0.06%	0.05%
	VRSK	A	0.04%	0.08%	0.04%
	VRSN	F	0.01%	0.04%	0.01%
	VRTX	F	0.07%	0.21%	0.07%
	VTR	C	0.08%	0.13%	0.08%
	VTRS	A	0.1%	0.07%	0.07%
	VZ	C	1.13%	0.85%	0.85%
	WAB	B	0.06%	0.16%	0.06%
	WAT	B	0.04%	0.06%	0.04%
	WBA	F	0.17%	0.03%	0.03%
	WBD	C	0.08%	0.09%	0.08%
	WDC	D	0.12%	0.1%	0.1%
	WEC	A	0.08%	0.15%	0.08%
	WELL	A	0.1%	0.38%	0.1%
	WFC	A	1.35%	1.06%	1.06%
	WM	A	0.15%	0.2%	0.15%
	WMB	A	0.17%	0.19%	0.17%
	WMT	A	1.47%	1.71%	1.47%
	WRB	A	0.03%	0.08%	0.03%
	WTW	B	0.07%	0.15%	0.07%
	WY	D	0.09%	0.11%	0.09%
	XEL	A	0.12%	0.18%	0.12%
	XOM	B	1.99%	2.5%	1.99%
	XYL	D	0.03%	0.14%	0.03%
	YUM	B	0.08%	0.1%	0.08%
	ZBH	C	0.05%	0.1%	0.05%
	ZBRA	B	0.04%	0.09%	0.04%
	ZTS	D	0.07%	0.18%	0.07%

FNDX Overweight 308 Positions Relative to VOOV

	Symbol	Grade	Weight
	AAPL	C	4.35%
	MSFT	F	2.43%
	META	D	1.79%
	AMZN	C	1.56%
	GOOGL	C	1.33%
	GOOG	C	1.14%
	LUMN	C	0.65%
	AVGO	D	0.61%
	ORCL	B	0.5%
	NVDA	C	0.4%
	TSLA	B	0.28%
	AMAT	F	0.24%
	BKNG	A	0.24%
	ADBE	C	0.2%
	LLY	F	0.2%
	NFLX	A	0.17%
	VST	B	0.16%
	DHI	D	0.16%
	LRCX	F	0.15%
	CRM	B	0.15%
	URI	B	0.13%
	KKR	A	0.12%
	INTU	C	0.11%
	PHM	D	0.11%
	ALLY	C	0.1%
	RS	B	0.09%
	MAR	B	0.09%
	AMD	F	0.09%
	ARW	D	0.08%
	NVR	D	0.08%
	USFD	A	0.08%
	WHR	B	0.08%
	KLAC	D	0.08%
	WKC	D	0.08%
	JLL	D	0.08%
	OC	A	0.07%
	VFC	C	0.07%
	CMA	A	0.07%
	TRGP	B	0.07%
	THC	D	0.07%
	R	B	0.07%
	X	C	0.07%
	LAD	A	0.07%
	AVT	C	0.07%
	ROST	C	0.07%
	OVV	B	0.06%
	HES	B	0.06%
	TOL	B	0.06%
	M	D	0.06%
	ODFL	B	0.06%
	CPAY	A	0.06%
	JEF	A	0.06%
	BLDR	D	0.06%
	UNM	A	0.06%
	AA	B	0.06%
	ZION	B	0.06%
	OMF	A	0.06%
	LNG	B	0.06%
	FLEX	A	0.06%
	PFGC	B	0.06%
	HLT	A	0.06%
	EME	C	0.06%
	FNF	B	0.06%
	TDG	D	0.06%
	KSS	F	0.06%
	ACM	A	0.05%
	VNO	B	0.05%
	AFG	A	0.05%
	INGR	B	0.05%
	ORI	A	0.05%
	MKL	A	0.05%
	CSL	C	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%
	SFM	A	0.05%
	BFH	B	0.05%
	LNC	B	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%
	EXPE	B	0.04%
	SSNC	B	0.04%
	OSK	B	0.04%
	AMG	B	0.04%
	ZIM	C	0.04%
	UFPI	B	0.04%
	FYBR	D	0.04%
	RPM	A	0.04%
	CMG	B	0.04%
	CNO	A	0.04%
	DOX	D	0.04%
	CRBG	B	0.04%
	SLM	A	0.04%
	TMHC	B	0.04%
	CCK	C	0.04%
	DKS	C	0.04%
	GT	C	0.04%
	RGA	A	0.04%
	RHI	B	0.04%
	FAF	A	0.04%
	MUSA	A	0.04%
	BERY	B	0.04%
	LPLA	A	0.04%
	PVH	C	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%
	MRVL	B	0.04%
	UGI	A	0.04%
	EXP	A	0.03%
	SEE	C	0.03%
	THG	A	0.03%
	LSTR	D	0.03%
	PRI	A	0.03%
	AR	B	0.03%
	SCI	B	0.03%
	ACI	C	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%
	BBWI	D	0.03%
	KBH	D	0.03%
	BURL	A	0.03%
	ILMN	D	0.03%
	CW	B	0.03%
	TPH	D	0.03%
	LII	A	0.03%
	G	B	0.03%
	GDDY	A	0.03%
	FLR	B	0.03%
	SNX	C	0.03%
	BC	C	0.03%
	APO	B	0.03%
	ABG	B	0.03%
	SNV	B	0.03%
	SEIC	B	0.03%
	VOYA	B	0.03%
	ARMK	B	0.03%
	CAR	C	0.03%
	OGE	B	0.03%
	GPK	C	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%
	JHG	A	0.03%
	CLF	F	0.03%
	SNPS	B	0.03%
	EWBC	A	0.03%
	WU	D	0.03%
	CIEN	B	0.03%
	GNW	A	0.03%
	NXST	C	0.03%
	CG	A	0.03%
	HUN	F	0.03%
	FHN	A	0.03%
	CMC	B	0.03%
	OLN	D	0.03%
	IT	C	0.03%
	DECK	A	0.03%
	PANW	C	0.03%
	BAH	F	0.03%
	FTV	C	0.03%
	CE	F	0.03%
	WSO	A	0.03%
	CDNS	B	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	SANM	B	0.03%
	FTNT	C	0.03%
	NWL	B	0.03%
	HBI	B	0.03%
	MLI	C	0.03%
	WLK	D	0.02%
	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%
	TTC	D	0.02%
	UHAL	D	0.02%
	XRX	F	0.02%
	WPC	D	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%
	WST	C	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%
	HOG	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	FCNCA	A	0.02%
	NVT	B	0.02%
	AVTR	F	0.02%
	BECN	B	0.02%
	SKX	D	0.02%
	CC	C	0.02%
	CNH	C	0.02%
	SUI	D	0.02%
	LAMR	D	0.02%
	PK	B	0.02%
	BRX	A	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%
	TGNA	B	0.02%
	BAP	B	0.02%
	SON	D	0.02%
	AXTA	A	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%
	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%
	HRB	D	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 20 Positions Relative to VOOV

	Symbol	Grade	Weight
	ABNB	C	-0.14%
	VLTO	D	-0.12%
	UAL	A	-0.12%
	CSGP	D	-0.08%
	TECH	D	-0.06%
	INCY	C	-0.06%
	PODD	C	-0.05%
	MKTX	D	-0.05%
	DXCM	D	-0.05%
	ROL	B	-0.04%
	FRT	B	-0.04%
	PTC	A	-0.04%
	FDS	B	-0.04%
	MTCH	D	-0.04%
	PAYC	B	-0.03%
	ENPH	F	-0.03%
	ERIE	D	-0.02%
	DAY	B	-0.02%
	FOX	A	-0.02%
	NWS	B	-0.01%

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

VOOV: Top Represented Industries & Keywords

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

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