IUSV vs. FNDX ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$94.98

Average Daily Volume

464,992

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

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

$71.29

Average Daily Volume

407,821

Number of Holdings ^*

716

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	FNDX
30 Days	0.67%	1.07%
60 Days	5.74%	6.60%
90 Days	8.83%	6.62%
12 Months	32.59%	31.99%

548 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in FNDX	Overlap
A	B	0.19%	0.06%	0.06%
AA	B	0.05%	0.05%	0.05%
AAL	D	0.03%	0.0%	0.0%
ABBV	A	0.97%	0.6%	0.6%
ABT	B	0.87%	0.34%	0.34%
ACM	A	0.03%	0.04%	0.03%
ACN	B	0.45%	0.34%	0.34%
ADI	C	0.21%	0.13%	0.13%
ADM	D	0.13%	0.22%	0.13%
ADP	A	0.3%	0.14%	0.14%
ADSK	B	0.13%	0.03%	0.03%
AEE	A	0.1%	0.07%	0.07%
AEP	C	0.24%	0.19%	0.19%
AES	B	0.06%	0.07%	0.06%
AFG	C	0.04%	0.05%	0.04%
AFL	A	0.25%	0.23%	0.23%
AGCO	D	0.03%	0.03%	0.03%
AIG	F	0.21%	0.28%	0.21%
AIZ	A	0.05%	0.03%	0.03%
AJG	D	0.13%	0.05%	0.05%
AKAM	D	0.04%	0.03%	0.03%
ALB	D	0.05%	0.02%	0.02%
ALGN	D	0.04%	0.02%	0.02%
ALL	B	0.22%	0.29%	0.22%
ALLE	A	0.03%	0.02%	0.02%
ALLY	F	0.04%	0.1%	0.04%
ALV	F	0.01%	0.02%	0.01%
AMCR	B	0.07%	0.02%	0.02%
AME	D	0.09%	0.05%	0.05%
AMG	B	0.02%	0.04%	0.02%
AMGN	D	0.77%	0.48%	0.48%
AMP	A	0.1%	0.12%	0.1%
AMT	C	0.28%	0.14%	0.14%
AN	C	0.02%	0.05%	0.02%
ANSS	D	0.05%	0.02%	0.02%
AON	A	0.16%	0.12%	0.12%
AOS	B	0.02%	0.03%	0.02%
APD	C	0.3%	0.12%	0.12%
APH	D	0.15%	0.09%	0.09%
APTV	D	0.09%	0.04%	0.04%
AR	B	0.04%	0.02%	0.02%
ARE	D	0.08%	0.03%	0.03%
ARMK	A	0.05%	0.03%	0.03%
ARW	C	0.03%	0.08%	0.03%
ASGN	D	0.02%	0.02%	0.02%
ATO	A	0.09%	0.04%	0.04%
ATR	A	0.02%	0.02%	0.02%
AVB	C	0.14%	0.06%	0.06%
AVT	C	0.02%	0.07%	0.02%
AVTR	C	0.05%	0.03%	0.03%
AVY	C	0.08%	0.04%	0.04%
AWK	B	0.13%	0.05%	0.05%
AXP	A	0.2%	0.37%	0.2%
AYI	A	0.02%	0.04%	0.02%
AZO	D	0.08%	0.06%	0.06%
BA	F	0.23%	0.13%	0.13%
BAC	D	1.19%	1.22%	1.19%
BALL	C	0.09%	0.06%	0.06%
BAX	D	0.09%	0.09%	0.09%
BBWI	F	0.03%	0.02%	0.02%
BBY	B	0.09%	0.19%	0.09%
BC	D	0.01%	0.03%	0.01%
BDX	B	0.31%	0.11%	0.11%
BEN	F	0.03%	0.04%	0.03%
BERY	C	0.04%	0.04%	0.04%
BG	F	0.06%	0.11%	0.06%
BIIB	F	0.13%	0.1%	0.1%
BJ	D	0.05%	0.02%	0.02%
BK	C	0.24%	0.26%	0.24%
BKR	B	0.16%	0.14%	0.14%
BLK	A	0.59%	0.25%	0.25%
BMY	B	0.46%	0.36%	0.36%
BR	B	0.05%	0.03%	0.03%
BRK.A	C	3.73%	2.26%	2.26%
BRO	A	0.02%	0.03%	0.02%
BRX	C	0.02%	0.02%	0.02%
BSX	A	0.25%	0.09%	0.09%
BURL	D	0.03%	0.03%	0.03%
BWA	B	0.04%	0.05%	0.04%
BX	C	0.14%	0.12%	0.12%
BXP	C	0.05%	0.05%	0.05%
C	B	0.53%	1.05%	0.53%
CACI	A	0.03%	0.03%	0.03%
CAG	D	0.07%	0.07%	0.07%
CAH	B	0.12%	0.07%	0.07%
CARR	A	0.16%	0.13%	0.13%
CAT	A	0.35%	0.39%	0.35%
CB	A	0.48%	0.29%	0.29%
CBOE	A	0.03%	0.02%	0.02%
CBRE	A	0.17%	0.13%	0.13%
CC	D	0.01%	0.02%	0.01%
CCI	C	0.23%	0.11%	0.11%
CCK	C	0.03%	0.04%	0.03%
CCL	C	0.02%	0.05%	0.02%
CDW	D	0.08%	0.06%	0.06%
CEG	B	0.2%	0.1%	0.1%
CF	A	0.03%	0.06%	0.03%
CFG	D	0.08%	0.1%	0.08%
CG	C	0.02%	0.03%	0.02%
CHD	C	0.06%	0.04%	0.04%
CHE	C	0.02%	0.01%	0.01%
CHK	C	0.04%	0.02%	0.02%
CHRW	A	0.06%	0.07%	0.06%
CHTR	D	0.08%	0.32%	0.08%
CI	D	0.43%	0.55%	0.43%
CIEN	A	0.02%	0.03%	0.02%
CINF	A	0.1%	0.07%	0.07%
CL	D	0.23%	0.16%	0.16%
CLF	D	0.03%	0.03%	0.03%
CLX	B	0.09%	0.04%	0.04%
CMC	D	0.03%	0.03%	0.03%
CMCSA	B	0.72%	0.74%	0.72%
CME	A	0.22%	0.08%	0.08%
CMI	B	0.2%	0.17%	0.17%
CMS	A	0.09%	0.06%	0.06%
CNC	F	0.17%	0.25%	0.17%
CNH	B	0.04%	0.03%	0.03%
CNO	C	0.02%	0.04%	0.02%
CNP	B	0.09%	0.06%	0.06%
CNXC	F	0.01%	0.01%	0.01%
COF	C	0.25%	0.39%	0.25%
COHR	B	0.06%	0.01%	0.01%
COP	D	0.17%	0.42%	0.17%
COST	C	1.01%	0.72%	0.72%
CPB	D	0.04%	0.04%	0.04%
CPRI	B	0.01%	0.02%	0.01%
CPT	C	0.06%	0.02%	0.02%
CRI	D	0.01%	0.02%	0.01%
CRL	F	0.05%	0.01%	0.01%
CSCO	A	0.95%	0.74%	0.74%
CSX	D	0.15%	0.21%	0.15%
CTAS	B	0.14%	0.09%	0.09%
CTLT	A	0.05%	0.02%	0.02%
CTRA	D	0.03%	0.01%	0.01%
CTSH	B	0.17%	0.18%	0.17%
CTVA	A	0.18%	0.09%	0.09%
CVS	D	0.34%	0.68%	0.34%
CVX	B	1.1%	1.07%	1.07%
CW	A	0.02%	0.03%	0.02%
CZR	B	0.02%	0.02%	0.02%
D	A	0.21%	0.19%	0.19%
DAL	C	0.07%	0.02%	0.02%
DAR	F	0.03%	0.02%	0.02%
DCI	B	0.02%	0.02%	0.02%
DD	B	0.17%	0.18%	0.17%
DE	A	0.21%	0.22%	0.21%
DELL	C	0.07%	0.01%	0.01%
DFS	C	0.07%	0.21%	0.07%
DG	F	0.09%	0.08%	0.08%
DGX	B	0.08%	0.07%	0.07%
DHR	C	0.79%	0.17%	0.17%
DINO	F	0.03%	0.05%	0.03%
DIS	D	0.78%	0.38%	0.38%
DKS	D	0.03%	0.05%	0.03%
DLR	C	0.13%	0.08%	0.08%
DLTR	F	0.07%	0.05%	0.05%
DOC	C	0.07%	0.04%	0.04%
DOV	C	0.12%	0.06%	0.06%
DOW	B	0.17%	0.19%	0.17%
DPZ	D	0.04%	0.04%	0.04%
DRI	C	0.04%	0.05%	0.04%
DTE	A	0.12%	0.08%	0.08%
DUK	A	0.4%	0.34%	0.34%
DVA	C	0.02%	0.07%	0.02%
DVN	F	0.11%	0.08%	0.08%
EA	D	0.09%	0.08%	0.08%
EBAY	A	0.14%	0.2%	0.14%
ECL	B	0.14%	0.09%	0.09%
ED	A	0.16%	0.13%	0.13%
EFX	C	0.1%	0.04%	0.04%
EG	B	0.08%	0.03%	0.03%
EHC	B	0.02%	0.02%	0.02%
EIX	A	0.15%	0.11%	0.11%
EL	D	0.1%	0.04%	0.04%
ELV	F	0.54%	0.5%	0.5%
EMN	C	0.06%	0.08%	0.06%
EMR	B	0.28%	0.15%	0.15%
EOG	B	0.11%	0.2%	0.11%
EPAM	F	0.03%	0.02%	0.02%
EQH	C	0.01%	0.05%	0.01%
EQIX	B	0.2%	0.08%	0.08%
EQR	C	0.11%	0.06%	0.06%
EQT	B	0.1%	0.03%	0.03%
ES	C	0.11%	0.09%	0.09%
ESS	C	0.08%	0.04%	0.04%
ETN	C	0.22%	0.21%	0.21%
ETR	A	0.12%	0.11%	0.11%
EVR	C	0.01%	0.04%	0.01%
EVRG	C	0.06%	0.07%	0.06%
EW	F	0.11%	0.04%	0.04%
EWBC	D	0.02%	0.03%	0.02%
EXC	A	0.18%	0.18%	0.18%
EXPD	C	0.05%	0.02%	0.02%
EXR	C	0.17%	0.04%	0.04%
F	D	0.19%	0.31%	0.19%
FAF	B	0.03%	0.04%	0.03%
FAST	B	0.09%	0.07%	0.07%
FCX	B	0.16%	0.14%	0.14%
FDX	D	0.27%	0.33%	0.27%
FE	B	0.1%	0.1%	0.1%
FFIV	B	0.06%	0.03%	0.03%
FHN	D	0.04%	0.03%	0.03%
FIS	C	0.2%	0.13%	0.13%
FITB	C	0.13%	0.13%	0.13%
FLO	D	0.02%	0.02%	0.02%
FLR	D	0.04%	0.03%	0.03%
FMC	B	0.04%	0.03%	0.03%
FNF	A	0.06%	0.07%	0.06%
FOXA	A	0.04%	0.09%	0.04%
FSLR	C	0.12%	0.02%	0.02%
FYBR	C	0.04%	0.04%	0.04%
G	A	0.03%	0.02%	0.02%
GAP	F	0.02%	0.04%	0.02%
GD	A	0.34%	0.23%	0.23%
GE	C	0.51%	0.18%	0.18%
GEHC	C	0.19%	0.07%	0.07%
GEV	B	0.17%	0.05%	0.05%
GILD	A	0.46%	0.35%	0.35%
GIS	C	0.18%	0.13%	0.13%
GL	C	0.04%	0.03%	0.03%
GLPI	A	0.04%	0.02%	0.02%
GLW	B	0.15%	0.14%	0.14%
GM	D	0.23%	0.69%	0.23%
GNRC	B	0.02%	0.02%	0.02%
GNTX	D	0.01%	0.03%	0.01%
GPC	D	0.09%	0.05%	0.05%
GPK	C	0.04%	0.03%	0.03%
GPN	F	0.11%	0.08%	0.08%
GRMN	D	0.06%	0.04%	0.04%
GS	C	0.7%	0.57%	0.57%
GT	F	0.01%	0.03%	0.01%
GWW	A	0.05%	0.07%	0.05%
GXO	D	0.01%	0.02%	0.01%
HAL	F	0.11%	0.06%	0.06%
HAS	A	0.04%	0.04%	0.04%
HBAN	D	0.1%	0.07%	0.07%
HCA	B	0.17%	0.26%	0.17%
HD	A	1.11%	0.79%	0.79%
HIG	A	0.15%	0.15%	0.15%
HII	F	0.05%	0.04%	0.04%
HOG	D	0.02%	0.03%	0.02%
HOLX	D	0.08%	0.04%	0.04%
HON	C	0.6%	0.34%	0.34%
HPE	B	0.12%	0.18%	0.12%
HPQ	C	0.15%	0.2%	0.15%
HRL	F	0.04%	0.03%	0.03%
HSIC	D	0.04%	0.04%	0.04%
HST	D	0.02%	0.04%	0.02%
HSY	D	0.08%	0.04%	0.04%
HUBB	A	0.06%	0.03%	0.03%
HUM	F	0.17%	0.2%	0.17%
HWM	A	0.08%	0.06%	0.06%
IBM	B	0.91%	0.62%	0.62%
ICE	A	0.41%	0.13%	0.13%
IDXX	D	0.08%	0.03%	0.03%
IEX	D	0.07%	0.02%	0.02%
IFF	C	0.12%	0.06%	0.06%
ILMN	B	0.09%	0.03%	0.03%
INGR	A	0.03%	0.05%	0.03%
INTC	D	0.45%	0.64%	0.45%
INVH	D	0.09%	0.03%	0.03%
IP	C	0.08%	0.16%	0.08%
IPG	C	0.05%	0.04%	0.04%
IQV	F	0.11%	0.08%	0.08%
IR	A	0.04%	0.03%	0.03%
IRM	A	0.08%	0.08%	0.08%
ISRG	A	0.26%	0.09%	0.09%
ITW	A	0.17%	0.15%	0.15%
IVZ	A	0.04%	0.04%	0.04%
J	D	0.09%	0.06%	0.06%
JAZZ	F	0.02%	0.01%	0.01%
JBHT	D	0.06%	0.04%	0.04%
JBL	D	0.03%	0.05%	0.03%
JCI	B	0.23%	0.15%	0.15%
JEF	A	0.04%	0.05%	0.04%
JHG	C	0.02%	0.03%	0.02%
JKHY	A	0.06%	0.02%	0.02%
JLL	B	0.06%	0.09%	0.06%
JNJ	D	1.73%	1.0%	1.0%
JNPR	B	0.06%	0.05%	0.05%
JPM	D	2.67%	1.93%	1.93%
JWN	D	0.01%	0.02%	0.01%
K	B	0.1%	0.07%	0.07%
KBH	C	0.01%	0.03%	0.01%
KBR	D	0.02%	0.02%	0.02%
KD	F	0.02%	0.05%	0.02%
KDP	C	0.18%	0.08%	0.08%
KEY	C	0.07%	0.09%	0.07%
KEYS	B	0.12%	0.03%	0.03%
KHC	D	0.14%	0.11%	0.11%
KIM	C	0.07%	0.03%	0.03%
KMB	B	0.21%	0.11%	0.11%
KMI	A	0.19%	0.19%	0.19%
KMX	F	0.05%	0.07%	0.05%
KNX	D	0.04%	0.04%	0.04%
KO	C	0.76%	0.43%	0.43%
KR	C	0.17%	0.3%	0.17%
KVUE	C	0.2%	0.03%	0.03%
L	D	0.06%	0.05%	0.05%
LAD	C	0.04%	0.05%	0.04%
LAMR	C	0.02%	0.03%	0.02%
LDOS	A	0.1%	0.08%	0.08%
LEA	F	0.03%	0.05%	0.03%
LEN	B	0.09%	0.19%	0.09%
LHX	A	0.2%	0.16%	0.16%
LIN	B	0.49%	0.35%	0.35%
LKQ	F	0.05%	0.05%	0.05%
LMT	A	0.55%	0.4%	0.4%
LNT	A	0.07%	0.04%	0.04%
LOW	A	0.68%	0.42%	0.42%
LPX	A	0.01%	0.04%	0.01%
LSTR	D	0.01%	0.02%	0.01%
LUV	B	0.08%	0.02%	0.02%
LVS	B	0.03%	0.03%	0.03%
LW	D	0.01%	0.01%	0.01%
LYB	D	0.11%	0.15%	0.11%
M	F	0.02%	0.05%	0.02%
MA	A	0.51%	0.28%	0.28%
MAA	C	0.08%	0.04%	0.04%
MAN	D	0.02%	0.05%	0.02%
MAS	A	0.04%	0.06%	0.04%
MCD	A	0.54%	0.34%	0.34%
MCHP	F	0.08%	0.05%	0.05%
MCK	F	0.28%	0.1%	0.1%
MCO	D	0.18%	0.08%	0.08%
MDLZ	C	0.26%	0.23%	0.23%
MDT	B	0.51%	0.27%	0.27%
MDU	C	0.02%	0.02%	0.02%
MET	A	0.22%	0.26%	0.22%
MGM	D	0.01%	0.05%	0.01%
MHK	B	0.04%	0.08%	0.04%
MIDD	D	0.02%	0.02%	0.02%
MKC	C	0.09%	0.04%	0.04%
MKSI	F	0.02%	0.02%	0.02%
MLM	D	0.05%	0.04%	0.04%
MMC	D	0.24%	0.15%	0.15%
MMM	C	0.34%	0.4%	0.34%
MMS	B	0.01%	0.01%	0.01%
MNST	D	0.07%	0.04%	0.04%
MO	D	0.39%	0.37%	0.37%
MOH	D	0.04%	0.05%	0.04%
MOS	D	0.04%	0.05%	0.04%
MPC	F	0.11%	0.41%	0.11%
MRK	F	0.77%	0.51%	0.51%
MRNA	F	0.1%	0.04%	0.04%
MRO	D	0.03%	0.08%	0.03%
MS	B	0.58%	0.36%	0.36%
MSCI	B	0.09%	0.03%	0.03%
MSI	A	0.14%	0.06%	0.06%
MSM	D	0.01%	0.01%	0.01%
MTB	C	0.13%	0.1%	0.1%
MTD	B	0.09%	0.04%	0.04%
MTG	B	0.02%	0.03%	0.02%
MTN	D	0.01%	0.01%	0.01%
MTZ	B	0.03%	0.03%	0.03%
MU	D	0.53%	0.35%	0.35%
MUR	F	0.01%	0.02%	0.01%
NDAQ	C	0.13%	0.03%	0.03%
NDSN	B	0.06%	0.02%	0.02%
NEE	A	0.77%	0.29%	0.29%
NEM	C	0.28%	0.19%	0.19%
NFG	A	0.02%	0.02%	0.02%
NI	A	0.07%	0.05%	0.05%
NKE	D	0.27%	0.18%	0.18%
NOC	B	0.32%	0.21%	0.21%
NOV	F	0.03%	0.02%	0.02%
NRG	A	0.08%	0.11%	0.08%
NSC	C	0.25%	0.2%	0.2%
NTAP	D	0.07%	0.08%	0.07%
NTRS	C	0.08%	0.07%	0.07%
NUE	D	0.06%	0.18%	0.06%
NWSA	D	0.04%	0.04%	0.04%
NXPI	F	0.07%	0.08%	0.07%
NXST	D	0.02%	0.03%	0.02%
O	A	0.24%	0.04%	0.04%
OGE	A	0.04%	0.03%	0.03%
OKE	B	0.09%	0.13%	0.09%
OLN	D	0.02%	0.03%	0.02%
OMC	C	0.09%	0.08%	0.08%
ON	F	0.08%	0.04%	0.04%
ORI	B	0.04%	0.05%	0.04%
ORLY	A	0.08%	0.1%	0.08%
OSK	F	0.03%	0.03%	0.03%
OTIS	A	0.11%	0.05%	0.05%
OXY	F	0.15%	0.11%	0.11%
PAG	D	0.01%	0.02%	0.01%
PARA	F	0.03%	0.09%	0.03%
PAYX	A	0.11%	0.06%	0.06%
PBF	F	0.01%	0.03%	0.01%
PCAR	D	0.06%	0.13%	0.06%
PCG	B	0.19%	0.03%	0.03%
PEG	A	0.2%	0.11%	0.11%
PEP	D	0.67%	0.45%	0.45%
PFE	D	0.73%	0.76%	0.73%
PFG	C	0.08%	0.08%	0.08%
PFGC	A	0.05%	0.05%	0.05%
PG	C	1.11%	0.85%	0.85%
PGR	C	0.33%	0.26%	0.26%
PH	A	0.08%	0.12%	0.08%
PII	D	0.02%	0.02%	0.02%
PKG	C	0.09%	0.07%	0.07%
PLD	D	0.52%	0.08%	0.08%
PM	C	0.53%	0.51%	0.51%
PNC	C	0.32%	0.29%	0.29%
PNR	C	0.02%	0.04%	0.02%
PNW	A	0.04%	0.05%	0.04%
POOL	B	0.03%	0.02%	0.02%
POR	C	0.02%	0.02%	0.02%
POST	C	0.02%	0.02%	0.02%
PPG	D	0.14%	0.08%	0.08%
PPL	A	0.11%	0.11%	0.11%
PRGO	F	0.02%	0.02%	0.02%
PRU	C	0.19%	0.23%	0.19%
PSA	C	0.15%	0.06%	0.06%
PSX	D	0.24%	0.36%	0.24%
PVH	F	0.03%	0.04%	0.03%
PWR	B	0.06%	0.06%	0.06%
PYPL	C	0.35%	0.19%	0.19%
QCOM	D	0.41%	0.46%	0.41%
QRVO	F	0.04%	0.05%	0.04%
R	C	0.03%	0.06%	0.03%
REG	C	0.05%	0.03%	0.03%
REGN	D	0.2%	0.16%	0.16%
RF	C	0.09%	0.08%	0.08%
RGA	C	0.06%	0.04%	0.04%
RJF	B	0.1%	0.04%	0.04%
RL	B	0.02%	0.03%	0.02%
RMD	C	0.16%	0.04%	0.04%
ROK	D	0.07%	0.05%	0.05%
ROP	C	0.15%	0.05%	0.05%
RPM	A	0.03%	0.04%	0.03%
RRX	C	0.05%	0.03%	0.03%
RSG	D	0.08%	0.07%	0.07%
RTX	A	0.71%	0.36%	0.36%
SAIC	A	0.02%	0.03%	0.02%
SBAC	B	0.07%	0.02%	0.02%
SBUX	B	0.2%	0.26%	0.2%
SCHW	D	0.43%	0.1%	0.1%
SCI	C	0.03%	0.03%	0.03%
SEIC	B	0.02%	0.02%	0.02%
SFM	A	0.03%	0.05%	0.03%
SHW	B	0.2%	0.09%	0.09%
SJM	C	0.06%	0.06%	0.06%
SLB	D	0.27%	0.11%	0.11%
SLM	C	0.01%	0.04%	0.01%
SNA	A	0.04%	0.04%	0.04%
SNV	D	0.03%	0.02%	0.02%
SNX	C	0.04%	0.03%	0.03%
SO	A	0.44%	0.29%	0.29%
SOLV	C	0.04%	0.04%	0.04%
SON	D	0.02%	0.03%	0.02%
SPG	A	0.14%	0.11%	0.11%
SPGI	C	0.41%	0.15%	0.15%
SRE	A	0.23%	0.12%	0.12%
ST	F	0.02%	0.02%	0.02%
STE	D	0.05%	0.03%	0.03%
STLD	B	0.03%	0.09%	0.03%
STT	C	0.12%	0.1%	0.1%
STWD	C	0.03%	0.02%	0.02%
STX	B	0.06%	0.1%	0.06%
STZ	B	0.18%	0.07%	0.07%
SW	C	0.11%	0.11%	0.11%
SWK	A	0.08%	0.08%	0.08%
SWKS	F	0.07%	0.05%	0.05%
SYF	B	0.09%	0.27%	0.09%
SYK	C	0.2%	0.13%	0.13%
SYY	B	0.17%	0.1%	0.1%
T	A	0.7%	1.39%	0.7%
TAP	D	0.04%	0.05%	0.04%
TDY	A	0.09%	0.02%	0.02%
TEL	D	0.12%	0.11%	0.11%
TER	C	0.1%	0.05%	0.05%
TFC	D	0.25%	0.22%	0.22%
TFX	C	0.05%	0.02%	0.02%
TGT	C	0.32%	0.38%	0.32%
THC	C	0.07%	0.08%	0.07%
THG	C	0.02%	0.02%	0.02%
THO	B	0.03%	0.04%	0.03%
TJX	C	0.21%	0.24%	0.21%
TKR	D	0.01%	0.02%	0.01%
TMHC	C	0.03%	0.04%	0.03%
TMO	C	0.65%	0.29%	0.29%
TMUS	A	0.45%	0.24%	0.24%
TNL	B	0.0%	0.01%	0.0%
TPR	B	0.05%	0.04%	0.04%
TRMB	B	0.07%	0.03%	0.03%
TROW	D	0.11%	0.11%	0.11%
TRV	C	0.24%	0.31%	0.24%
TSCO	A	0.08%	0.06%	0.06%
TSN	D	0.08%	0.2%	0.08%
TT	A	0.12%	0.09%	0.09%
TTC	D	0.02%	0.02%	0.02%
TTWO	F	0.06%	0.02%	0.02%
TXN	C	0.54%	0.34%	0.34%
TXT	F	0.07%	0.06%	0.06%
UDR	C	0.06%	0.03%	0.03%
UGI	C	0.02%	0.05%	0.02%
UHS	D	0.06%	0.1%	0.06%
ULTA	D	0.03%	0.03%	0.03%
UNH	B	1.48%	1.23%	1.23%
UNM	A	0.04%	0.05%	0.04%
UNP	D	0.36%	0.4%	0.36%
UPS	D	0.44%	0.25%	0.25%
USB	C	0.32%	0.3%	0.3%
USFD	C	0.07%	0.07%	0.07%
V	C	0.7%	0.35%	0.35%
VAC	D	0.01%	0.01%	0.01%
VICI	C	0.15%	0.02%	0.02%
VLO	F	0.19%	0.37%	0.19%
VMC	D	0.05%	0.04%	0.04%
VNO	A	0.03%	0.05%	0.03%
VOYA	A	0.02%	0.03%	0.02%
VRSK	D	0.08%	0.04%	0.04%
VRSN	B	0.04%	0.01%	0.01%
VRTX	D	0.19%	0.08%	0.08%
VSH	F	0.01%	0.01%	0.01%
VTR	C	0.12%	0.09%	0.09%
VTRS	D	0.06%	0.09%	0.06%
VZ	A	0.84%	1.33%	0.84%
WAB	A	0.14%	0.06%	0.06%
WAT	B	0.06%	0.04%	0.04%
WBA	F	0.03%	0.14%	0.03%
WBD	D	0.08%	0.06%	0.06%
WCC	C	0.03%	0.03%	0.03%
WDC	C	0.1%	0.13%	0.1%
WEC	A	0.13%	0.08%	0.08%
WELL	C	0.33%	0.11%	0.11%
WFC	D	0.85%	1.09%	0.85%
WHR	B	0.03%	0.07%	0.03%
WM	B	0.18%	0.15%	0.15%
WMB	A	0.15%	0.15%	0.15%
WMT	A	1.54%	1.5%	1.5%
WPC	C	0.06%	0.02%	0.02%
WRB	B	0.08%	0.04%	0.04%
WTRG	D	0.02%	0.01%	0.01%
WTW	B	0.13%	0.07%	0.07%
WU	D	0.01%	0.04%	0.01%
WY	B	0.11%	0.09%	0.09%
X	F	0.04%	0.08%	0.04%
XEL	A	0.16%	0.12%	0.12%
XOM	A	2.29%	1.91%	1.91%
XRAY	D	0.02%	0.02%	0.02%
XYL	C	0.15%	0.04%	0.04%
YUM	A	0.09%	0.08%	0.08%
ZBH	F	0.1%	0.05%	0.05%
ZBRA	A	0.08%	0.04%	0.04%
ZION	D	0.03%	0.05%	0.03%
ZTS	C	0.18%	0.08%	0.08%

IUSV Overweight 179 Positions Relative to FNDX

Symbol	Grade	Weight
FI	A	0.22%
COR	F	0.17%
ABNB	D	0.13%
VLTO	A	0.12%
CSGP	F	0.08%
LH	D	0.08%
UAL	B	0.08%
GEN	A	0.07%
RVTY	B	0.07%
TECH	C	0.06%
COO	C	0.06%
PODD	C	0.05%
NLY	C	0.05%
DXCM	F	0.05%
INCY	B	0.05%
WBS	D	0.04%
ROL	B	0.04%
GMED	D	0.04%
FRT	D	0.04%
GME	F	0.04%
UTHR	C	0.04%
PTC	D	0.04%
FDS	C	0.04%
SF	A	0.04%
MKTX	C	0.04%
MTCH	B	0.04%
ENPH	D	0.04%
SRCL	B	0.03%
NNN	A	0.03%
ERIE	A	0.03%
KRG	C	0.03%
BMRN	F	0.03%
VMI	B	0.03%
ONB	D	0.03%
IBKR	A	0.03%
OHI	C	0.03%
RNR	A	0.03%
BIO	B	0.03%
HR	D	0.03%
FBIN	C	0.03%
REXR	D	0.03%
XPO	F	0.03%
PB	D	0.03%
ESNT	C	0.03%
WTFC	D	0.03%
SSB	C	0.03%
ADC	B	0.03%
GBCI	C	0.02%
CUBE	C	0.02%
COLB	C	0.02%
TPL	B	0.02%
NVST	D	0.02%
IDA	C	0.02%
NYCB	D	0.02%
NWE	B	0.02%
AMKR	F	0.02%
EGP	D	0.02%
STAG	D	0.02%
FLS	A	0.02%
ALE	A	0.02%
MAT	D	0.02%
BRBR	C	0.02%
KMPR	D	0.02%
CNM	F	0.02%
FR	C	0.02%
CGNX	F	0.02%
VLY	C	0.02%
PNM	B	0.02%
SR	C	0.02%
OGS	C	0.02%
ORA	C	0.02%
CFR	D	0.02%
KRC	C	0.02%
SLGN	C	0.02%
CBSH	D	0.02%
DAY	B	0.02%
ASH	F	0.02%
SBRA	C	0.02%
KEX	C	0.02%
LITE	A	0.02%
BKH	C	0.02%
PNFP	D	0.02%
CUZ	C	0.02%
RGLD	C	0.02%
SWX	C	0.02%
AVNT	B	0.02%
IRT	C	0.02%
UMBF	C	0.02%
WAL	C	0.02%
PAYC	D	0.02%
ELS	D	0.02%
TKO	A	0.02%
NJR	C	0.02%
UBSI	D	0.02%
BDC	B	0.02%
AMH	D	0.02%
HOMB	D	0.02%
FNB	D	0.02%
FOX	A	0.02%
ALTM	D	0.01%
IPGP	D	0.01%
YETI	B	0.01%
BLKB	C	0.01%
WEN	D	0.01%
PSN	A	0.01%
EPR	C	0.01%
SAM	D	0.01%
KNF	C	0.01%
VC	F	0.01%
COLM	B	0.01%
NSP	F	0.01%
TEX	F	0.01%
CADE	D	0.01%
GEF	D	0.01%
HAE	D	0.01%
NSA	C	0.01%
VNOM	B	0.01%
CHH	B	0.01%
UAA	B	0.01%
PPC	B	0.01%
LIVN	B	0.01%
POWI	F	0.01%
SYNA	D	0.01%
AMED	D	0.01%
IBOC	D	0.01%
LANC	F	0.01%
IRDM	B	0.01%
ROIV	D	0.01%
DLB	D	0.01%
CHX	D	0.01%
EEFT	F	0.01%
LFUS	C	0.01%
CBT	B	0.01%
HWC	D	0.01%
CDP	A	0.01%
ZI	F	0.01%
AM	A	0.01%
SMG	A	0.01%
RCM	B	0.01%
MASI	B	0.01%
RLI	A	0.01%
OZK	F	0.01%
WH	C	0.01%
SRPT	F	0.01%
ENS	D	0.01%
ENOV	F	0.01%
MTSI	B	0.01%
ALGM	F	0.01%
OPCH	F	0.01%
SIGI	D	0.01%
NOVT	C	0.01%
HXL	F	0.01%
DOCS	A	0.01%
BHF	F	0.01%
RYN	C	0.01%
EXLS	A	0.01%
GHC	B	0.01%
CVLT	C	0.01%
EXPO	A	0.01%
DTM	A	0.01%
CRUS	D	0.01%
FFIN	D	0.01%
CXT	F	0.01%
RH	C	0.01%
FHI	C	0.01%
AZPN	C	0.01%
GATX	F	0.01%
BRKR	D	0.01%
NWS	D	0.01%
ASB	F	0.01%
NEOG	D	0.01%
PCH	C	0.01%
CYTK	F	0.01%
TCBI	C	0.01%
HQY	C	0.01%
AZTA	F	0.0%
WMG	D	0.0%
HGV	F	0.0%
UA	B	0.0%

IUSV Underweight 168 Positions Relative to FNDX

Symbol	Grade	Weight
AAPL	C	-4.32%
MSFT	D	-2.53%
META	A	-1.85%
AMZN	C	-1.38%
GOOGL	B	-1.23%
GOOG	B	-1.07%
AVGO	C	-0.67%
LUMN	C	-0.58%
ORCL	B	-0.49%
NVDA	C	-0.37%
LLY	D	-0.26%
AMAT	B	-0.25%
DHI	C	-0.2%
BKNG	C	-0.2%
ADBE	F	-0.19%
TSLA	C	-0.18%
LRCX	D	-0.16%
NFLX	A	-0.15%
URI	C	-0.13%
PHM	A	-0.13%
KKR	A	-0.12%
CRM	B	-0.12%
VST	A	-0.12%
KLAC	B	-0.1%
INTU	F	-0.1%
AMD	D	-0.09%
TDG	A	-0.08%
RS	D	-0.08%
MAR	B	-0.08%
ROST	C	-0.08%
NVR	A	-0.08%
KSS	D	-0.07%
OGN	F	-0.07%
WSM	B	-0.06%
EME	C	-0.06%
CE	D	-0.06%
OC	C	-0.06%
HLT	A	-0.06%
TOL	A	-0.06%
CMA	C	-0.06%
TRGP	B	-0.06%
VFC	B	-0.06%
MKL	C	-0.05%
TDS	B	-0.05%
FANG	D	-0.05%
ODFL	D	-0.05%
ACGL	A	-0.05%
MUSA	D	-0.05%
GPI	C	-0.05%
CSL	A	-0.05%
CPAY	A	-0.05%
DXC	D	-0.05%
LNG	A	-0.05%
OMF	F	-0.05%
FLEX	C	-0.05%
CASY	D	-0.05%
LNC	D	-0.05%
FL	F	-0.04%
ANET	A	-0.04%
MRVL	C	-0.04%
BAP	A	-0.04%
MTH	C	-0.04%
BAH	A	-0.04%
CMG	C	-0.04%
UBER	C	-0.04%
SSNC	C	-0.04%
JXN	A	-0.04%
DOX	B	-0.04%
BLDR	B	-0.04%
ZIM	B	-0.04%
ALSN	A	-0.04%
HES	D	-0.04%
OVV	F	-0.04%
SKX	B	-0.03%
ITT	B	-0.03%
AAP	F	-0.03%
LPLA	D	-0.03%
SUI	D	-0.03%
FTNT	A	-0.03%
AER	D	-0.03%
SWN	C	-0.03%
BPOP	D	-0.03%
CRBG	C	-0.03%
EXPE	B	-0.03%
NWL	D	-0.03%
TRU	A	-0.03%
CHKP	C	-0.03%
SNPS	F	-0.03%
MLI	C	-0.03%
CDNS	D	-0.03%
SLG	C	-0.03%
APA	F	-0.03%
GNW	C	-0.03%
TPH	C	-0.03%
LII	C	-0.03%
APO	A	-0.03%
PANW	D	-0.03%
RHI	D	-0.03%
DECK	B	-0.03%
FTV	B	-0.03%
SANM	D	-0.03%
CCEP	C	-0.03%
IT	C	-0.03%
WSO	C	-0.03%
HBI	B	-0.03%
HUN	B	-0.03%
UFPI	C	-0.03%
BCC	C	-0.03%
BLD	C	-0.02%
DAN	D	-0.02%
LEG	D	-0.02%
WST	D	-0.02%
UNFI	B	-0.02%
OI	D	-0.02%
WLK	C	-0.02%
ICLR	F	-0.02%
CNX	A	-0.02%
FTI	B	-0.02%
BECN	F	-0.02%
SM	F	-0.02%
LECO	D	-0.02%
WERN	D	-0.02%
LULU	D	-0.02%
SQ	D	-0.02%
REZI	D	-0.02%
CAR	D	-0.02%
CYH	C	-0.02%
HUBG	D	-0.02%
ACI	F	-0.02%
TGNA	B	-0.02%
PENN	D	-0.02%
AL	D	-0.02%
FCNCA	D	-0.02%
GGG	B	-0.02%
TPX	B	-0.02%
UHAL	A	-0.02%
RUSHA	D	-0.02%
NVT	D	-0.02%
ASO	D	-0.02%
NAVI	D	-0.02%
XRX	D	-0.02%
HRB	C	-0.02%
BTU	B	-0.02%
QRTEA	F	-0.02%
AXTA	C	-0.02%
ABG	D	-0.02%
CPRT	B	-0.02%
PK	D	-0.02%
PRI	A	-0.02%
ABM	D	-0.02%
MPW	C	-0.02%
EXP	C	-0.02%
SEE	C	-0.02%
NSIT	B	-0.02%
GDDY	D	-0.02%
ALK	B	-0.01%
HTZ	F	-0.01%
MATX	C	-0.01%
ANDE	D	-0.01%
DBX	B	-0.01%
ARCH	D	-0.01%
DK	F	-0.01%
AEO	B	-0.01%
ADNT	D	-0.01%
NOW	C	-0.01%
LILAK	D	-0.01%
SPTN	B	-0.01%
ODP	F	-0.01%