FNDX vs. XRMI ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Global X S&P 500 (XRMI)

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

XRMI

Global X S&P 500

XRMI Description

Global X Funds - Global X S&P 500 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Risk Managed Income Index, by using full replication technique. Global X Funds - Global X S&P 500 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.06

Average Daily Volume

13,895

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	XRMI
30 Days	3.67%	2.05%
60 Days	4.58%	1.93%
90 Days	6.53%	3.68%
12 Months	29.67%	11.40%

468 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in XRMI	Overlap
A	D	0.05%	0.07%	0.05%
AAPL	C	4.35%	7.02%	4.35%
ABBV	D	0.49%	0.6%	0.49%
ABT	B	0.34%	0.4%	0.34%
ACGL	D	0.03%	0.07%	0.03%
ACN	C	0.36%	0.45%	0.36%
ADBE	C	0.2%	0.47%	0.2%
ADI	D	0.13%	0.22%	0.13%
ADM	D	0.21%	0.05%	0.05%
ADP	B	0.15%	0.26%	0.15%
ADSK	A	0.03%	0.14%	0.03%
AEE	A	0.07%	0.05%	0.05%
AEP	D	0.16%	0.1%	0.1%
AES	F	0.05%	0.02%	0.02%
AFL	B	0.21%	0.11%	0.11%
AIG	B	0.28%	0.1%	0.1%
AIZ	A	0.03%	0.02%	0.02%
AJG	B	0.05%	0.13%	0.05%
AKAM	D	0.03%	0.03%	0.03%
ALB	C	0.03%	0.02%	0.02%
ALGN	D	0.02%	0.03%	0.02%
ALL	A	0.27%	0.1%	0.1%
ALLE	D	0.01%	0.02%	0.01%
AMAT	F	0.24%	0.32%	0.24%
AMCR	D	0.03%	0.03%	0.03%
AMD	F	0.09%	0.45%	0.09%
AME	A	0.05%	0.09%	0.05%
AMGN	D	0.39%	0.32%	0.32%
AMP	A	0.15%	0.11%	0.11%
AMT	D	0.11%	0.19%	0.11%
AMZN	C	1.56%	3.99%	1.56%
ANET	C	0.04%	0.2%	0.04%
ANSS	B	0.02%	0.06%	0.02%
AON	A	0.13%	0.17%	0.13%
AOS	F	0.02%	0.02%	0.02%
APA	D	0.03%	0.02%	0.02%
APD	A	0.13%	0.14%	0.13%
APH	A	0.09%	0.17%	0.09%
APTV	D	0.02%	0.03%	0.02%
ARE	D	0.03%	0.04%	0.03%
ATO	A	0.04%	0.05%	0.04%
AVB	B	0.05%	0.06%	0.05%
AVGO	D	0.61%	1.6%	0.61%
AVY	D	0.04%	0.03%	0.03%
AWK	D	0.04%	0.05%	0.04%
AXP	A	0.36%	0.33%	0.33%
AZO	C	0.06%	0.1%	0.06%
BA	F	0.11%	0.2%	0.11%
BAC	A	1.3%	0.62%	0.62%
BALL	D	0.06%	0.04%	0.04%
BAX	D	0.07%	0.03%	0.03%
BBY	D	0.16%	0.04%	0.04%
BDX	F	0.11%	0.14%	0.11%
BEN	C	0.04%	0.01%	0.01%
BG	F	0.1%	0.03%	0.03%
BIIB	F	0.09%	0.05%	0.05%
BK	A	0.26%	0.11%	0.11%
BKNG	A	0.24%	0.33%	0.24%
BKR	B	0.16%	0.09%	0.09%
BLDR	D	0.06%	0.04%	0.04%
BLK	C	0.28%	0.3%	0.28%
BMY	B	0.45%	0.24%	0.24%
BR	A	0.03%	0.05%	0.03%
BRK.A	B	2.17%	1.73%	1.73%
BRO	B	0.02%	0.05%	0.02%
BSX	B	0.09%	0.27%	0.09%
BWA	D	0.05%	0.02%	0.02%
BX	A	0.13%	0.26%	0.13%
BXP	D	0.05%	0.03%	0.03%
C	A	1.1%	0.27%	0.27%
CAG	D	0.06%	0.03%	0.03%
CAH	B	0.07%	0.06%	0.06%
CARR	D	0.12%	0.13%	0.12%
CAT	B	0.41%	0.38%	0.38%
CB	C	0.26%	0.22%	0.22%
CBOE	B	0.01%	0.04%	0.01%
CBRE	B	0.13%	0.08%	0.08%
CCI	D	0.09%	0.09%	0.09%
CCL	B	0.06%	0.05%	0.05%
CDNS	B	0.03%	0.17%	0.03%
CDW	F	0.04%	0.05%	0.04%
CE	F	0.03%	0.01%	0.01%
CEG	D	0.1%	0.14%	0.1%
CF	B	0.07%	0.03%	0.03%
CFG	B	0.1%	0.05%	0.05%
CHD	B	0.04%	0.06%	0.04%
CHRW	C	0.08%	0.02%	0.02%
CHTR	C	0.35%	0.07%	0.07%
CI	F	0.48%	0.18%	0.18%
CINF	A	0.07%	0.04%	0.04%
CL	D	0.13%	0.15%	0.13%
CLX	B	0.04%	0.04%	0.04%
CMCSA	B	0.83%	0.34%	0.34%
CME	A	0.08%	0.17%	0.08%
CMG	B	0.04%	0.16%	0.04%
CMI	A	0.19%	0.11%	0.11%
CMS	C	0.06%	0.04%	0.04%
CNC	D	0.19%	0.07%	0.07%
CNP	B	0.06%	0.04%	0.04%
COF	B	0.48%	0.14%	0.14%
COP	C	0.48%	0.27%	0.27%
COR	B	0.02%	0.09%	0.02%
COST	B	0.66%	0.83%	0.66%
CPAY	A	0.06%	0.05%	0.05%
CPB	D	0.03%	0.02%	0.02%
CPRT	A	0.03%	0.11%	0.03%
CPT	B	0.02%	0.03%	0.02%
CRL	C	0.01%	0.02%	0.01%
CRM	B	0.15%	0.65%	0.15%
CSCO	B	0.82%	0.47%	0.47%
CSX	B	0.22%	0.14%	0.14%
CTAS	B	0.08%	0.15%	0.08%
CTLT	B	0.02%	0.02%	0.02%
CTRA	B	0.03%	0.04%	0.03%
CTSH	B	0.19%	0.08%	0.08%
CTVA	C	0.09%	0.08%	0.08%
CVS	D	0.68%	0.14%	0.14%
CVX	A	1.25%	0.55%	0.55%
CZR	F	0.02%	0.02%	0.02%
D	C	0.17%	0.1%	0.1%
DAL	C	0.03%	0.08%	0.03%
DD	D	0.17%	0.07%	0.07%
DE	A	0.23%	0.21%	0.21%
DECK	A	0.03%	0.06%	0.03%
DELL	C	0.03%	0.08%	0.03%
DFS	B	0.26%	0.08%	0.08%
DG	F	0.08%	0.04%	0.04%
DGX	A	0.07%	0.03%	0.03%
DHI	D	0.16%	0.1%	0.1%
DHR	F	0.15%	0.31%	0.15%
DIS	B	0.45%	0.4%	0.4%
DLR	B	0.08%	0.11%	0.08%
DLTR	F	0.05%	0.03%	0.03%
DOC	D	0.03%	0.03%	0.03%
DOV	A	0.06%	0.06%	0.06%
DOW	F	0.18%	0.06%	0.06%
DPZ	C	0.03%	0.03%	0.03%
DRI	B	0.05%	0.04%	0.04%
DTE	C	0.07%	0.05%	0.05%
DUK	C	0.3%	0.17%	0.17%
DVA	B	0.06%	0.02%	0.02%
DVN	F	0.09%	0.05%	0.05%
EA	A	0.09%	0.08%	0.08%
EBAY	D	0.17%	0.07%	0.07%
ECL	D	0.08%	0.12%	0.08%
ED	D	0.12%	0.07%	0.07%
EFX	F	0.03%	0.06%	0.03%
EG	C	0.02%	0.03%	0.02%
EIX	B	0.1%	0.06%	0.06%
EL	F	0.03%	0.03%	0.03%
ELV	F	0.36%	0.19%	0.19%
EMN	D	0.08%	0.02%	0.02%
EMR	A	0.17%	0.15%	0.15%
EOG	A	0.23%	0.15%	0.15%
EPAM	C	0.02%	0.03%	0.02%
EQIX	A	0.08%	0.16%	0.08%
EQR	B	0.05%	0.05%	0.05%
EQT	B	0.04%	0.05%	0.04%
ES	D	0.08%	0.04%	0.04%
ESS	B	0.03%	0.04%	0.03%
ETN	A	0.23%	0.29%	0.23%
ETR	B	0.12%	0.07%	0.07%
EVRG	A	0.07%	0.03%	0.03%
EW	C	0.04%	0.08%	0.04%
EXC	C	0.17%	0.08%	0.08%
EXPD	D	0.04%	0.04%	0.04%
EXPE	B	0.04%	0.04%	0.04%
EXR	D	0.03%	0.07%	0.03%
F	C	0.33%	0.09%	0.09%
FANG	D	0.05%	0.07%	0.05%
FAST	B	0.07%	0.1%	0.07%
FCX	D	0.14%	0.12%	0.12%
FDX	B	0.32%	0.13%	0.13%
FE	C	0.09%	0.04%	0.04%
FFIV	B	0.03%	0.02%	0.02%
FI	A	0.13%	0.25%	0.13%
FIS	C	0.12%	0.1%	0.1%
FITB	A	0.13%	0.07%	0.07%
FMC	D	0.03%	0.01%	0.01%
FOXA	B	0.1%	0.02%	0.02%
FSLR	F	0.01%	0.04%	0.01%
FTNT	C	0.03%	0.12%	0.03%
FTV	C	0.03%	0.05%	0.03%
GD	F	0.21%	0.15%	0.15%
GDDY	A	0.03%	0.06%	0.03%
GE	D	0.15%	0.39%	0.15%
GEHC	F	0.09%	0.07%	0.07%
GEN	B	0.04%	0.03%	0.03%
GEV	B	0.04%	0.18%	0.04%
GILD	C	0.37%	0.23%	0.23%
GIS	D	0.11%	0.07%	0.07%
GL	B	0.03%	0.02%	0.02%
GLW	B	0.14%	0.07%	0.07%
GM	B	0.79%	0.13%	0.13%
GNRC	B	0.02%	0.02%	0.02%
GOOG	C	1.14%	1.72%	1.14%
GOOGL	C	1.33%	2.08%	1.33%
GPC	D	0.05%	0.04%	0.04%
GPN	B	0.09%	0.06%	0.06%
GRMN	B	0.03%	0.06%	0.03%
GS	A	0.62%	0.38%	0.38%
GWW	B	0.08%	0.1%	0.08%
HAL	C	0.06%	0.06%	0.06%
HAS	D	0.03%	0.02%	0.02%
HBAN	A	0.08%	0.05%	0.05%
HCA	F	0.2%	0.13%	0.13%
HD	A	0.8%	0.81%	0.8%
HES	B	0.06%	0.08%	0.06%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.03%	0.01%	0.01%
HLT	A	0.06%	0.12%	0.06%
HOLX	D	0.04%	0.04%	0.04%
HON	B	0.37%	0.3%	0.3%
HPE	B	0.21%	0.06%	0.06%
HPQ	B	0.21%	0.07%	0.07%
HRL	D	0.03%	0.02%	0.02%
HSIC	B	0.04%	0.02%	0.02%
HST	C	0.04%	0.03%	0.03%
HSY	F	0.04%	0.06%	0.04%
HUBB	B	0.03%	0.04%	0.03%
HUM	C	0.19%	0.06%	0.06%
HWM	A	0.07%	0.1%	0.07%
IBM	C	0.54%	0.39%	0.39%
ICE	C	0.11%	0.18%	0.11%
IDXX	F	0.02%	0.07%	0.02%
IEX	B	0.03%	0.03%	0.03%
IFF	D	0.05%	0.05%	0.05%
INTC	D	0.89%	0.21%	0.21%
INTU	C	0.11%	0.39%	0.11%
INVH	D	0.03%	0.04%	0.03%
IP	B	0.17%	0.04%	0.04%
IPG	D	0.04%	0.02%	0.02%
IQV	D	0.07%	0.07%	0.07%
IR	B	0.03%	0.09%	0.03%
IRM	D	0.06%	0.07%	0.06%
ISRG	A	0.09%	0.39%	0.09%
IT	C	0.03%	0.08%	0.03%
ITW	B	0.15%	0.14%	0.14%
IVZ	B	0.05%	0.02%	0.02%
J	F	0.05%	0.04%	0.04%
JBHT	C	0.05%	0.03%	0.03%
JBL	B	0.06%	0.03%	0.03%
JCI	C	0.16%	0.11%	0.11%
JKHY	D	0.02%	0.02%	0.02%
JNJ	D	0.89%	0.74%	0.74%
JNPR	F	0.05%	0.03%	0.03%
JPM	A	2.03%	1.39%	1.39%
K	A	0.07%	0.04%	0.04%
KDP	D	0.07%	0.07%	0.07%
KEY	B	0.1%	0.04%	0.04%
KEYS	A	0.04%	0.05%	0.04%
KHC	F	0.09%	0.05%	0.05%
KIM	A	0.03%	0.03%	0.03%
KKR	A	0.12%	0.2%	0.12%
KLAC	D	0.08%	0.18%	0.08%
KMB	D	0.1%	0.09%	0.09%
KMI	A	0.23%	0.11%	0.11%
KMX	B	0.06%	0.03%	0.03%
KO	D	0.35%	0.49%	0.35%
KR	B	0.3%	0.08%	0.08%
KVUE	A	0.05%	0.09%	0.05%
L	A	0.05%	0.03%	0.03%
LDOS	C	0.07%	0.05%	0.05%
LEN	D	0.16%	0.09%	0.09%
LH	C	0.09%	0.04%	0.04%
LHX	C	0.16%	0.09%	0.09%
LIN	D	0.33%	0.44%	0.33%
LKQ	D	0.05%	0.02%	0.02%
LLY	F	0.2%	1.25%	0.2%
LMT	D	0.37%	0.23%	0.23%
LNT	A	0.04%	0.03%	0.03%
LOW	D	0.43%	0.31%	0.31%
LRCX	F	0.15%	0.19%	0.15%
LULU	C	0.01%	0.07%	0.01%
LUV	C	0.02%	0.04%	0.02%
LVS	C	0.04%	0.03%	0.03%
LW	C	0.02%	0.03%	0.02%
LYB	F	0.14%	0.05%	0.05%
MA	C	0.29%	0.86%	0.29%
MAA	B	0.03%	0.04%	0.03%
MAR	B	0.09%	0.13%	0.09%
MAS	D	0.05%	0.04%	0.04%
MCD	D	0.34%	0.43%	0.34%
MCHP	D	0.05%	0.07%	0.05%
MCK	B	0.11%	0.17%	0.11%
MCO	B	0.07%	0.16%	0.07%
MDLZ	F	0.2%	0.17%	0.17%
MDT	D	0.16%	0.23%	0.16%
MET	A	0.26%	0.1%	0.1%
META	D	1.79%	2.54%	1.79%
MGM	D	0.06%	0.02%	0.02%
MHK	D	0.06%	0.01%	0.01%
MKC	D	0.03%	0.04%	0.03%
MLM	B	0.04%	0.07%	0.04%
MMC	B	0.14%	0.22%	0.14%
MMM	D	0.35%	0.14%	0.14%
MNST	C	0.05%	0.08%	0.05%
MO	A	0.37%	0.19%	0.19%
MOH	F	0.05%	0.03%	0.03%
MOS	F	0.06%	0.02%	0.02%
MPC	D	0.4%	0.11%	0.11%
MRK	F	0.42%	0.5%	0.42%
MRNA	F	0.03%	0.03%	0.03%
MRO	B	0.09%	0.03%	0.03%
MS	A	0.46%	0.33%	0.33%
MSCI	C	0.03%	0.09%	0.03%
MSFT	F	2.43%	6.42%	2.43%
MSI	B	0.07%	0.17%	0.07%
MTB	A	0.11%	0.08%	0.08%
MTD	D	0.03%	0.05%	0.03%
MU	D	0.38%	0.22%	0.22%
NDAQ	A	0.03%	0.07%	0.03%
NDSN	B	0.02%	0.02%	0.02%
NEE	D	0.24%	0.31%	0.24%
NEM	D	0.13%	0.09%	0.09%
NFLX	A	0.17%	0.73%	0.17%
NI	A	0.05%	0.03%	0.03%
NKE	D	0.19%	0.19%	0.19%
NOC	D	0.2%	0.15%	0.15%
NOW	A	0.01%	0.43%	0.01%
NRG	B	0.1%	0.04%	0.04%
NSC	B	0.21%	0.12%	0.12%
NTAP	C	0.07%	0.05%	0.05%
NTRS	A	0.08%	0.05%	0.05%
NUE	C	0.19%	0.07%	0.07%
NVDA	C	0.4%	7.3%	0.4%
NVR	D	0.08%	0.07%	0.07%
NWSA	B	0.04%	0.02%	0.02%
NXPI	D	0.05%	0.11%	0.05%
O	D	0.04%	0.1%	0.04%
ODFL	B	0.06%	0.09%	0.06%
OKE	A	0.14%	0.13%	0.13%
OMC	C	0.08%	0.05%	0.05%
ON	D	0.04%	0.06%	0.04%
ORCL	B	0.5%	0.6%	0.5%
ORLY	B	0.11%	0.14%	0.11%
OTIS	C	0.05%	0.09%	0.05%
OXY	D	0.11%	0.07%	0.07%
PANW	C	0.03%	0.25%	0.03%
PARA	C	0.11%	0.01%	0.01%
PAYX	C	0.06%	0.09%	0.06%
PCAR	B	0.15%	0.13%	0.13%
PCG	A	0.03%	0.09%	0.03%
PEG	A	0.11%	0.08%	0.08%
PEP	F	0.41%	0.45%	0.41%
PFE	D	0.68%	0.3%	0.3%
PFG	D	0.09%	0.04%	0.04%
PG	A	0.77%	0.79%	0.77%
PGR	A	0.23%	0.31%	0.23%
PH	A	0.13%	0.18%	0.13%
PHM	D	0.11%	0.05%	0.05%
PKG	A	0.07%	0.04%	0.04%
PLD	D	0.07%	0.22%	0.07%
PM	B	0.48%	0.4%	0.4%
PNC	B	0.3%	0.17%	0.17%
PNR	A	0.04%	0.04%	0.04%
PNW	B	0.04%	0.02%	0.02%
POOL	C	0.02%	0.02%	0.02%
PPG	F	0.08%	0.06%	0.06%
PPL	B	0.11%	0.05%	0.05%
PRU	A	0.22%	0.09%	0.09%
PSA	D	0.05%	0.11%	0.05%
PSX	C	0.36%	0.11%	0.11%
PWR	A	0.07%	0.1%	0.07%
PYPL	B	0.22%	0.18%	0.18%
QCOM	F	0.43%	0.36%	0.36%
QRVO	F	0.03%	0.01%	0.01%
REG	B	0.02%	0.03%	0.02%
REGN	F	0.1%	0.17%	0.1%
RF	A	0.09%	0.05%	0.05%
RJF	A	0.05%	0.06%	0.05%
RL	B	0.03%	0.02%	0.02%
RMD	C	0.03%	0.08%	0.03%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.05%	0.11%	0.05%
ROST	C	0.07%	0.09%	0.07%
RSG	A	0.06%	0.08%	0.06%
RTX	C	0.34%	0.32%	0.32%
RVTY	F	0.03%	0.03%	0.03%
SBAC	D	0.02%	0.05%	0.02%
SBUX	A	0.28%	0.23%	0.23%
SCHW	B	0.13%	0.24%	0.13%
SHW	A	0.08%	0.19%	0.08%
SJM	D	0.05%	0.02%	0.02%
SLB	C	0.12%	0.12%	0.12%
SNA	A	0.06%	0.03%	0.03%
SNPS	B	0.03%	0.18%	0.03%
SO	D	0.26%	0.19%	0.19%
SOLV	C	0.02%	0.02%	0.02%
SPG	B	0.1%	0.11%	0.1%
SPGI	C	0.15%	0.33%	0.15%
SRE	A	0.13%	0.11%	0.11%
STE	F	0.03%	0.04%	0.03%
STLD	B	0.11%	0.04%	0.04%
STT	A	0.1%	0.06%	0.06%
STX	D	0.09%	0.04%	0.04%
STZ	D	0.07%	0.08%	0.07%
SW	A	0.09%	0.05%	0.05%
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%	0.27%	0.13%
SYY	B	0.1%	0.08%	0.08%
T	A	1.27%	0.32%	0.32%
TAP	C	0.05%	0.02%	0.02%
TDG	D	0.06%	0.15%	0.06%
TDY	B	0.03%	0.04%	0.03%
TER	D	0.04%	0.04%	0.04%
TFC	A	0.23%	0.13%	0.13%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.38%	0.15%	0.15%
TJX	A	0.22%	0.27%	0.22%
TMO	F	0.25%	0.4%	0.25%
TMUS	B	0.25%	0.24%	0.24%
TPR	B	0.05%	0.03%	0.03%
TRGP	B	0.07%	0.08%	0.07%
TRMB	B	0.03%	0.04%	0.03%
TROW	B	0.13%	0.06%	0.06%
TRV	B	0.31%	0.12%	0.12%
TSCO	D	0.06%	0.06%	0.06%
TSLA	B	0.28%	1.74%	0.28%
TSN	B	0.2%	0.04%	0.04%
TT	A	0.06%	0.19%	0.06%
TTWO	A	0.03%	0.06%	0.03%
TXN	C	0.34%	0.38%	0.34%
TXT	D	0.06%	0.03%	0.03%
UBER	D	0.04%	0.3%	0.04%
UDR	B	0.02%	0.03%	0.02%
UHS	D	0.08%	0.02%	0.02%
ULTA	F	0.03%	0.03%	0.03%
UNH	C	1.22%	1.11%	1.11%
UNP	C	0.35%	0.29%	0.29%
UPS	C	0.28%	0.19%	0.19%
URI	B	0.13%	0.11%	0.11%
USB	A	0.32%	0.16%	0.16%
V	A	0.36%	1.03%	0.36%
VICI	C	0.02%	0.07%	0.02%
VLO	C	0.39%	0.09%	0.09%
VMC	B	0.05%	0.08%	0.05%
VRSK	A	0.04%	0.09%	0.04%
VRSN	F	0.01%	0.03%	0.01%
VRTX	F	0.07%	0.26%	0.07%
VST	B	0.16%	0.09%	0.09%
VTR	C	0.08%	0.06%	0.06%
VTRS	A	0.1%	0.03%	0.03%
VZ	C	1.13%	0.34%	0.34%
WAB	B	0.06%	0.07%	0.06%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.17%	0.01%	0.01%
WBD	C	0.08%	0.05%	0.05%
WDC	D	0.12%	0.04%	0.04%
WEC	A	0.08%	0.06%	0.06%
WELL	A	0.1%	0.16%	0.1%
WFC	A	1.35%	0.5%	0.5%
WM	A	0.15%	0.17%	0.15%
WMB	A	0.17%	0.13%	0.13%
WMT	A	1.47%	0.74%	0.74%
WRB	A	0.03%	0.04%	0.03%
WST	C	0.02%	0.05%	0.02%
WTW	B	0.07%	0.06%	0.06%
WY	D	0.09%	0.05%	0.05%
XEL	A	0.12%	0.08%	0.08%
XOM	B	1.99%	1.08%	1.08%
XYL	D	0.03%	0.06%	0.03%
YUM	B	0.08%	0.07%	0.07%
ZBH	C	0.05%	0.05%	0.05%
ZBRA	B	0.04%	0.04%	0.04%
ZTS	D	0.07%	0.16%	0.07%

FNDX Overweight 253 Positions Relative to XRMI

Symbol	Grade	Weight
LUMN	C	0.65%
ALLY	C	0.1%
RS	B	0.09%
ARW	D	0.08%
USFD	A	0.08%
WHR	B	0.08%
WKC	D	0.08%
JLL	D	0.08%
OC	A	0.07%
VFC	C	0.07%
CMA	A	0.07%
THC	D	0.07%
R	B	0.07%
X	C	0.07%
LAD	A	0.07%
AVT	C	0.07%
OVV	B	0.06%
TOL	B	0.06%
M	D	0.06%
JEF	A	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%
EME	C	0.06%
FNF	B	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%
CASY	A	0.05%
DINO	D	0.05%
SFM	A	0.05%
BFH	B	0.05%
LNC	B	0.05%
FBIN	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	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%
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%
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%
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%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	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%
BAH	F	0.03%
WSO	A	0.03%
PBF	D	0.03%
MTZ	B	0.03%
SANM	B	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%
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%
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 31 Positions Relative to XRMI

Symbol	Grade	Weight
PLTR	B	-0.24%
CRWD	B	-0.16%
ABNB	C	-0.12%
RCL	A	-0.11%
FICO	B	-0.11%
AXON	A	-0.08%
UAL	A	-0.06%
CSGP	D	-0.06%
DXCM	D	-0.06%
PTC	A	-0.05%
TYL	B	-0.05%
VLTO	D	-0.05%
MPWR	F	-0.05%
LYV	A	-0.04%
TECH	D	-0.03%
DAY	B	-0.03%
INCY	C	-0.03%
ROL	B	-0.03%
FDS	B	-0.03%
PODD	C	-0.03%
MTCH	D	-0.02%
WYNN	D	-0.02%
ENPH	F	-0.02%
ERIE	D	-0.02%
SMCI	F	-0.02%
MKTX	D	-0.02%
PAYC	B	-0.02%
NCLH	B	-0.02%
NWS	B	-0.01%
FOX	A	-0.01%
FRT	B	-0.01%