IWD vs. FNDX ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

IWD

iShares Russell 1000 Value ETF

IWD Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization 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 1000 Value Index (the "underlying index"), which measures the performance of large- and mid-capitalization value sectors of the U.S. equity market. It is a subset of the Russell 1000Â® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$177.54

Average Daily Volume

1,290,846

Number of Holdings ^*

868

* 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

$68.22

Average Daily Volume

395,964

Number of Holdings ^*

720

* may have additional holdings in another (foreign) market

Performance

Period	IWD	FNDX
30 Days	2.00%	2.96%
60 Days	0.77%	2.99%
90 Days	3.73%	5.55%
12 Months	13.60%	19.63%

594 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in FNDX	Overlap
A	D	0.16%	0.06%	0.06%
AA	D	0.03%	0.06%	0.03%
AAL	F	0.03%	0.0%	0.0%
AAP	F	0.02%	0.04%	0.02%
ABBV	B	0.71%	0.52%	0.52%
ABT	D	0.76%	0.31%	0.31%
ACGL	D	0.15%	0.04%	0.04%
ACI	F	0.04%	0.02%	0.02%
ACM	D	0.05%	0.04%	0.04%
ACN	D	0.83%	0.31%	0.31%
ADI	B	0.49%	0.14%	0.14%
ADM	C	0.13%	0.24%	0.13%
ADP	F	0.03%	0.13%	0.03%
AEE	C	0.08%	0.06%	0.06%
AEP	C	0.2%	0.16%	0.16%
AES	D	0.05%	0.07%	0.05%
AFG	D	0.04%	0.04%	0.04%
AFL	A	0.22%	0.19%	0.19%
AGCO	F	0.03%	0.03%	0.03%
AIG	C	0.22%	0.3%	0.22%
AIZ	D	0.04%	0.02%	0.02%
AJG	A	0.23%	0.05%	0.05%
AKAM	D	0.06%	0.03%	0.03%
AL	C	0.02%	0.02%	0.02%
ALB	F	0.05%	0.02%	0.02%
ALGN	F	0.03%	0.02%	0.02%
ALK	F	0.02%	0.01%	0.01%
ALL	D	0.15%	0.26%	0.15%
ALLE	C	0.04%	0.02%	0.02%
ALLY	A	0.04%	0.13%	0.04%
ALSN	B	0.03%	0.04%	0.03%
AMAT	C	0.07%	0.34%	0.07%
AMCR	D	0.06%	0.02%	0.02%
AMD	C	0.39%	0.11%	0.11%
AME	C	0.17%	0.05%	0.05%
AMG	C	0.02%	0.03%	0.02%
AMGN	B	0.16%	0.47%	0.16%
AMP	B	0.02%	0.13%	0.02%
AN	C	0.02%	0.05%	0.02%
ANSS	C	0.12%	0.02%	0.02%
AON	C	0.25%	0.11%	0.11%
AOS	C	0.04%	0.03%	0.03%
APA	D	0.05%	0.04%	0.04%
APD	D	0.24%	0.11%	0.11%
APH	B	0.14%	0.1%	0.1%
APO	A	0.07%	0.03%	0.03%
APTV	F	0.08%	0.05%	0.05%
AR	D	0.04%	0.03%	0.03%
ARE	B	0.09%	0.03%	0.03%
ARMK	C	0.04%	0.03%	0.03%
ARW	D	0.03%	0.08%	0.03%
ATO	B	0.07%	0.03%	0.03%
ATR	D	0.04%	0.02%	0.02%
AVB	C	0.12%	0.05%	0.05%
AVT	C	0.02%	0.08%	0.02%
AVTR	D	0.06%	0.02%	0.02%
AVY	D	0.05%	0.04%	0.04%
AWK	C	0.11%	0.04%	0.04%
AXP	B	0.36%	0.35%	0.35%
AXTA	C	0.03%	0.02%	0.02%
AYI	D	0.03%	0.04%	0.03%
AZO	C	0.02%	0.06%	0.02%
BA	D	0.39%	0.16%	0.16%
BAC	A	1.2%	1.33%	1.2%
BALL	D	0.08%	0.06%	0.06%
BAX	D	0.07%	0.07%	0.07%
BBWI	F	0.04%	0.03%	0.03%
BBY	B	0.08%	0.16%	0.08%
BC	D	0.02%	0.02%	0.02%
BDX	F	0.29%	0.11%	0.11%
BEN	D	0.03%	0.05%	0.03%
BERY	C	0.03%	0.04%	0.03%
BG	B	0.07%	0.12%	0.07%
BIIB	C	0.14%	0.12%	0.12%
BJ	B	0.05%	0.02%	0.02%
BK	A	0.2%	0.24%	0.2%
BKNG	C	0.04%	0.21%	0.04%
BKR	B	0.15%	0.15%	0.15%
BLD	C	0.05%	0.01%	0.01%
BLDR	F	0.06%	0.03%	0.03%
BLK	B	0.5%	0.23%	0.23%
BMY	F	0.35%	0.3%	0.3%
BPOP	A	0.02%	0.03%	0.02%
BR	B	0.01%	0.03%	0.01%
BRK.A	C	3.21%	2.12%	2.12%
BRO	B	0.05%	0.02%	0.02%
BRX	B	0.03%	0.02%	0.02%
BSX	B	0.48%	0.09%	0.09%
BWA	F	0.03%	0.05%	0.03%
BXP	B	0.04%	0.04%	0.04%
C	B	0.53%	1.21%	0.53%
CACI	B	0.04%	0.03%	0.03%
CAG	F	0.06%	0.06%	0.06%
CAH	F	0.04%	0.06%	0.04%
CAR	F	0.0%	0.03%	0.0%
CARR	B	0.23%	0.11%	0.11%
CASY	B	0.05%	0.05%	0.05%
CAT	D	0.6%	0.39%	0.39%
CB	D	0.44%	0.26%	0.26%
CBRE	B	0.12%	0.1%	0.1%
CC	F	0.01%	0.02%	0.01%
CCI	C	0.18%	0.09%	0.09%
CCK	D	0.04%	0.03%	0.03%
CCL	C	0.08%	0.05%	0.05%
CDW	D	0.06%	0.06%	0.06%
CE	D	0.05%	0.07%	0.05%
CEG	C	0.24%	0.11%	0.11%
CF	F	0.06%	0.05%	0.05%
CFG	A	0.07%	0.09%	0.07%
CG	C	0.04%	0.03%	0.03%
CHD	D	0.11%	0.04%	0.04%
CHE	F	0.03%	0.01%	0.01%
CHK	D	0.05%	0.02%	0.02%
CHRW	C	0.04%	0.07%	0.04%
CHTR	D	0.12%	0.29%	0.12%
CI	D	0.36%	0.51%	0.36%
CIEN	F	0.03%	0.02%	0.02%
CINF	B	0.08%	0.06%	0.06%
CL	B	0.15%	0.15%	0.15%
CLF	F	0.02%	0.04%	0.02%
CMA	A	0.03%	0.05%	0.03%
CMCSA	F	0.64%	0.75%	0.64%
CME	D	0.3%	0.07%	0.07%
CMI	C	0.16%	0.16%	0.16%
CMS	D	0.08%	0.06%	0.06%
CNC	D	0.15%	0.23%	0.15%
CNH	F	0.04%	0.03%	0.03%
CNP	D	0.08%	0.07%	0.07%
CNXC	D	0.01%	0.01%	0.01%
COF	C	0.23%	0.4%	0.23%
COHR	B	0.04%	0.01%	0.01%
COP	D	0.58%	0.48%	0.48%
CPB	B	0.04%	0.03%	0.03%
CPRI	D	0.02%	0.02%	0.02%
CPRT	B	0.01%	0.03%	0.01%
CPT	B	0.05%	0.02%	0.02%
CRI	F	0.01%	0.02%	0.01%
CRL	D	0.04%	0.01%	0.01%
CRM	F	0.16%	0.12%	0.12%
CSCO	D	0.82%	0.72%	0.72%
CSL	B	0.07%	0.05%	0.05%
CSX	C	0.28%	0.22%	0.22%
CTAS	B	0.01%	0.08%	0.01%
CTLT	B	0.04%	0.02%	0.02%
CTRA	D	0.09%	0.02%	0.02%
CTSH	C	0.15%	0.17%	0.15%
CTVA	D	0.16%	0.08%	0.08%
CVS	F	0.31%	0.69%	0.31%
CVX	D	1.17%	1.24%	1.17%
CW	B	0.04%	0.02%	0.02%
CZR	D	0.04%	0.02%	0.02%
D	C	0.18%	0.17%	0.17%
DAL	D	0.13%	0.02%	0.02%
DAR	F	0.03%	0.02%	0.02%
DBX	F	0.02%	0.01%	0.01%
DCI	D	0.04%	0.02%	0.02%
DD	B	0.14%	0.18%	0.14%
DE	F	0.4%	0.21%	0.21%
DELL	C	0.13%	0.01%	0.01%
DFS	B	0.14%	0.22%	0.14%
DG	D	0.12%	0.13%	0.12%
DGX	B	0.07%	0.07%	0.07%
DHI	C	0.17%	0.15%	0.15%
DHR	D	0.69%	0.15%	0.15%
DINO	F	0.04%	0.06%	0.04%
DIS	F	0.78%	0.42%	0.42%
DKS	C	0.04%	0.05%	0.04%
DLR	B	0.21%	0.08%	0.08%
DLTR	F	0.09%	0.07%	0.07%
DOC	B	0.06%	0.04%	0.04%
DOV	C	0.1%	0.06%	0.06%
DOW	F	0.16%	0.21%	0.16%
DOX	D	0.04%	0.04%	0.04%
DPZ	D	0.05%	0.04%	0.04%
DRI	F	0.04%	0.04%	0.04%
DTE	C	0.1%	0.08%	0.08%
DUK	B	0.33%	0.3%	0.3%
DVN	D	0.13%	0.1%	0.1%
DXC	D	0.01%	0.04%	0.01%
EA	B	0.16%	0.08%	0.08%
EBAY	B	0.11%	0.17%	0.11%
ECL	A	0.03%	0.09%	0.03%
ED	D	0.13%	0.12%	0.12%
EFX	C	0.1%	0.03%	0.03%
EG	C	0.06%	0.03%	0.03%
EHC	B	0.04%	0.02%	0.02%
EIX	C	0.12%	0.09%	0.09%
EL	F	0.07%	0.05%	0.05%
ELV	C	0.45%	0.51%	0.45%
EME	D	0.05%	0.06%	0.05%
EMN	D	0.05%	0.08%	0.05%
EMR	B	0.27%	0.16%	0.16%
EOG	B	0.31%	0.22%	0.22%
EPAM	F	0.04%	0.01%	0.01%
EQIX	C	0.29%	0.07%	0.07%
EQR	C	0.11%	0.05%	0.05%
EQT	D	0.07%	0.02%	0.02%
ES	C	0.09%	0.08%	0.08%
ESS	B	0.07%	0.03%	0.03%
ETN	C	0.55%	0.23%	0.23%
ETR	D	0.1%	0.09%	0.09%
EVR	A	0.03%	0.04%	0.03%
EVRG	C	0.05%	0.06%	0.05%
EW	B	0.19%	0.05%	0.05%
EWBC	C	0.04%	0.03%	0.03%
EXC	D	0.15%	0.16%	0.15%
EXP	D	0.01%	0.02%	0.01%
EXPD	B	0.06%	0.02%	0.02%
EXR	B	0.14%	0.03%	0.03%
F	B	0.22%	0.39%	0.22%
FAF	D	0.02%	0.04%	0.02%
FANG	B	0.16%	0.06%	0.06%
FAST	D	0.02%	0.06%	0.02%
FCNCA	B	0.09%	0.02%	0.02%
FCX	C	0.31%	0.17%	0.17%
FDX	B	0.29%	0.34%	0.29%
FE	C	0.1%	0.09%	0.09%
FFIV	C	0.04%	0.03%	0.03%
FHN	A	0.04%	0.03%	0.03%
FIS	C	0.18%	0.12%	0.12%
FITB	B	0.11%	0.12%	0.11%
FLO	F	0.02%	0.02%	0.02%
FMC	F	0.03%	0.03%	0.03%
FNF	C	0.05%	0.06%	0.05%
FOXA	A	0.04%	0.08%	0.04%
FSLR	D	0.11%	0.02%	0.02%
FTI	B	0.05%	0.02%	0.02%
FTNT	D	0.03%	0.02%	0.02%
FTV	D	0.11%	0.03%	0.03%
FYBR	B	0.03%	0.03%	0.03%
G	D	0.02%	0.02%	0.02%
GD	D	0.34%	0.22%	0.22%
GE	D	0.6%	0.17%	0.17%
GEHC	C	0.13%	0.06%	0.06%
GEV	B	0.2%	0.04%	0.04%
GGG	D	0.06%	0.02%	0.02%
GILD	C	0.36%	0.29%	0.29%
GIS	D	0.15%	0.12%	0.12%
GL	D	0.03%	0.03%	0.03%
GLPI	B	0.05%	0.02%	0.02%
GLW	B	0.13%	0.13%	0.13%
GM	B	0.23%	0.72%	0.23%
GNRC	C	0.02%	0.02%	0.02%
GNTX	C	0.03%	0.03%	0.03%
GPC	D	0.08%	0.05%	0.05%
GPK	D	0.03%	0.03%	0.03%
GPN	F	0.11%	0.07%	0.07%
GPS	C	0.02%	0.05%	0.02%
GRMN	C	0.11%	0.04%	0.04%
GS	A	0.47%	0.57%	0.47%
GWW	D	0.02%	0.07%	0.02%
GXO	D	0.03%	0.02%	0.02%
HAL	F	0.13%	0.07%	0.07%
HAS	D	0.0%	0.03%	0.0%
HBAN	C	0.08%	0.06%	0.06%
HCA	D	0.21%	0.22%	0.21%
HD	C	0.29%	0.72%	0.29%
HES	D	0.06%	0.05%	0.05%
HIG	C	0.13%	0.14%	0.13%
HII	D	0.04%	0.04%	0.04%
HLT	B	0.11%	0.06%	0.06%
HOG	D	0.02%	0.02%	0.02%
HOLX	B	0.07%	0.04%	0.04%
HON	B	0.5%	0.37%	0.37%
HPE	B	0.12%	0.23%	0.12%
HPQ	C	0.11%	0.22%	0.11%
HRB	C	0.03%	0.02%	0.02%
HRL	F	0.04%	0.03%	0.03%
HSIC	D	0.04%	0.04%	0.04%
HST	D	0.05%	0.04%	0.04%
HSY	D	0.1%	0.04%	0.04%
HUBB	D	0.09%	0.03%	0.03%
HUM	D	0.19%	0.24%	0.19%
HUN	D	0.02%	0.04%	0.02%
HWM	D	0.13%	0.06%	0.06%
IBM	C	0.7%	0.52%	0.52%
ICE	A	0.35%	0.11%	0.11%
IEX	D	0.06%	0.02%	0.02%
IFF	B	0.1%	0.06%	0.06%
ILMN	D	0.07%	0.02%	0.02%
INGR	D	0.03%	0.04%	0.03%
INTC	D	0.57%	0.99%	0.57%
INVH	C	0.1%	0.03%	0.03%
IP	C	0.07%	0.14%	0.07%
IPG	F	0.05%	0.04%	0.04%
IQV	D	0.14%	0.07%	0.07%
IR	B	0.16%	0.03%	0.03%
IRM	B	0.05%	0.06%	0.05%
ITT	C	0.05%	0.03%	0.03%
ITW	D	0.19%	0.14%	0.14%
IVZ	C	0.02%	0.04%	0.02%
J	C	0.07%	0.06%	0.06%
JAZZ	F	0.03%	0.01%	0.01%
JBHT	D	0.06%	0.04%	0.04%
JBL	F	0.05%	0.05%	0.05%
JCI	C	0.2%	0.14%	0.14%
JEF	A	0.03%	0.05%	0.03%
JHG	B	0.02%	0.03%	0.02%
JKHY	D	0.05%	0.02%	0.02%
JLL	A	0.03%	0.08%	0.03%
JNJ	D	1.52%	0.91%	0.91%
JNPR	B	0.05%	0.05%	0.05%
JPM	B	2.58%	2.02%	2.02%
JWN	A	0.01%	0.02%	0.01%
K	D	0.06%	0.05%	0.05%
KBR	D	0.03%	0.02%	0.02%
KD	C	0.03%	0.06%	0.03%
KDP	D	0.15%	0.07%	0.07%
KEY	B	0.06%	0.09%	0.06%
KEYS	D	0.1%	0.03%	0.03%
KHC	D	0.12%	0.1%	0.1%
KIM	C	0.05%	0.03%	0.03%
KKR	B	0.22%	0.1%	0.1%
KMB	A	0.12%	0.11%	0.11%
KMI	A	0.17%	0.19%	0.17%
KMX	C	0.05%	0.06%	0.05%
KNX	C	0.03%	0.04%	0.03%
KO	B	0.45%	0.39%	0.39%
KR	C	0.15%	0.28%	0.15%
KSS	D	0.01%	0.08%	0.01%
KVUE	F	0.15%	0.02%	0.02%
L	C	0.06%	0.05%	0.05%
LAD	D	0.03%	0.05%	0.03%
LAMR	C	0.03%	0.02%	0.02%
LDOS	B	0.09%	0.07%	0.07%
LEA	F	0.03%	0.06%	0.03%
LECO	F	0.03%	0.02%	0.02%
LEG	D	0.01%	0.01%	0.01%
LEN	C	0.01%	0.15%	0.01%
LEN	C	0.15%	0.15%	0.15%
LHX	A	0.18%	0.16%	0.16%
LIN	C	0.9%	0.34%	0.34%
LKQ	D	0.05%	0.06%	0.05%
LMT	D	0.29%	0.34%	0.29%
LNC	B	0.02%	0.06%	0.02%
LNG	B	0.08%	0.05%	0.05%
LNT	B	0.06%	0.04%	0.04%
LOW	C	0.53%	0.36%	0.36%
LPX	D	0.01%	0.03%	0.01%
LSTR	F	0.03%	0.03%	0.03%
LUV	D	0.07%	0.02%	0.02%
LW	F	0.03%	0.02%	0.02%
LYB	F	0.11%	0.16%	0.11%
M	C	0.02%	0.07%	0.02%
MAA	B	0.07%	0.03%	0.03%
MAN	F	0.01%	0.05%	0.01%
MAR	C	0.24%	0.08%	0.08%
MAS	C	0.06%	0.05%	0.05%
MCD	D	0.73%	0.3%	0.3%
MCHP	D	0.21%	0.07%	0.07%
MCK	C	0.19%	0.11%	0.11%
MDLZ	F	0.38%	0.21%	0.21%
MDT	D	0.44%	0.24%	0.24%
MDU	C	0.02%	0.02%	0.02%
MET	C	0.18%	0.25%	0.18%
MGM	C	0.05%	0.07%	0.05%
MHK	C	0.03%	0.05%	0.03%
MIDD	D	0.03%	0.02%	0.02%
MKC	C	0.08%	0.03%	0.03%
MKL	D	0.07%	0.05%	0.05%
MKSI	B	0.04%	0.02%	0.02%
MLM	D	0.13%	0.04%	0.04%
MMC	A	0.39%	0.14%	0.14%
MMM	B	0.2%	0.32%	0.2%
MNST	D	0.03%	0.04%	0.03%
MO	A	0.34%	0.35%	0.34%
MOH	F	0.03%	0.04%	0.03%
MOS	F	0.04%	0.06%	0.04%
MPC	F	0.27%	0.46%	0.27%
MPW	D	0.01%	0.02%	0.01%
MRNA	D	0.16%	0.07%	0.07%
MRO	B	0.07%	0.09%	0.07%
MRVL	C	0.25%	0.04%	0.04%
MS	A	0.47%	0.37%	0.37%
MSCI	C	0.07%	0.03%	0.03%
MSI	B	0.14%	0.06%	0.06%
MSM	F	0.02%	0.01%	0.01%
MTB	A	0.11%	0.09%	0.09%
MTD	D	0.12%	0.04%	0.04%
MTG	A	0.02%	0.02%	0.02%
MTN	F	0.0%	0.01%	0.0%
MTZ	D	0.03%	0.03%	0.03%
MU	C	0.65%	0.57%	0.57%
NDAQ	B	0.1%	0.03%	0.03%
NDSN	D	0.06%	0.02%	0.02%
NEE	C	0.64%	0.26%	0.26%
NEM	A	0.22%	0.16%	0.16%
NFG	C	0.02%	0.02%	0.02%
NI	A	0.06%	0.04%	0.04%
NKE	F	0.15%	0.18%	0.15%
NOC	F	0.26%	0.19%	0.19%
NOV	C	0.03%	0.03%	0.03%
NRG	D	0.04%	0.11%	0.04%
NSC	D	0.21%	0.18%	0.18%
NTAP	B	0.06%	0.09%	0.06%
NTRS	B	0.07%	0.07%	0.07%
NUE	D	0.16%	0.2%	0.16%
NVR	B	0.1%	0.07%	0.07%
NVT	D	0.06%	0.03%	0.03%
NWL	F	0.01%	0.02%	0.01%
NWSA	A	0.05%	0.04%	0.04%
NXST	B	0.01%	0.03%	0.01%
O	C	0.2%	0.04%	0.04%
OC	C	0.06%	0.06%	0.06%
OGE	B	0.03%	0.03%	0.03%
OGN	C	0.02%	0.07%	0.02%
OKE	A	0.21%	0.12%	0.12%
OLN	D	0.02%	0.03%	0.02%
OMC	C	0.07%	0.07%	0.07%
OMF	C	0.02%	0.06%	0.02%
ON	D	0.13%	0.04%	0.04%
ORI	C	0.03%	0.04%	0.03%
ORLY	C	0.02%	0.1%	0.02%
OSK	D	0.03%	0.04%	0.03%
OTIS	B	0.17%	0.05%	0.05%
OVV	D	0.06%	0.06%	0.06%
OXY	D	0.17%	0.14%	0.14%
PAG	C	0.01%	0.02%	0.01%
PARA	D	0.03%	0.11%	0.03%
PAYX	F	0.1%	0.05%	0.05%
PCAR	D	0.23%	0.14%	0.14%
PCG	C	0.16%	0.02%	0.02%
PEG	B	0.16%	0.1%	0.1%
PENN	C	0.01%	0.02%	0.01%
PEP	D	0.2%	0.43%	0.2%
PFE	C	0.68%	0.73%	0.68%
PFG	C	0.08%	0.08%	0.08%
PFGC	F	0.04%	0.05%	0.04%
PG	D	1.3%	0.82%	0.82%
PGR	B	0.08%	0.22%	0.08%
PH	C	0.28%	0.1%	0.1%
PHM	C	0.09%	0.1%	0.09%
PII	F	0.02%	0.02%	0.02%
PK	F	0.01%	0.03%	0.01%
PKG	C	0.07%	0.06%	0.06%
PLD	C	0.45%	0.07%	0.07%
PM	A	0.68%	0.43%	0.43%
PNC	A	0.27%	0.26%	0.26%
PNR	D	0.05%	0.03%	0.03%
PNW	B	0.04%	0.04%	0.04%
POST	B	0.02%	0.02%	0.02%
PPG	D	0.13%	0.08%	0.08%
PPL	D	0.09%	0.1%	0.09%
PRGO	F	0.02%	0.02%	0.02%
PRI	B	0.04%	0.02%	0.02%
PRU	A	0.18%	0.24%	0.18%
PSA	B	0.17%	0.05%	0.05%
PSX	D	0.26%	0.41%	0.26%
PVH	D	0.03%	0.05%	0.03%
PWR	D	0.11%	0.06%	0.06%
PYPL	D	0.27%	0.16%	0.16%
QCOM	C	0.06%	0.59%	0.06%
QRVO	B	0.05%	0.06%	0.05%
R	C	0.02%	0.06%	0.02%
REG	B	0.05%	0.02%	0.02%
REGN	B	0.42%	0.14%	0.14%
RF	A	0.08%	0.07%	0.07%
RGA	A	0.06%	0.04%	0.04%
RHI	F	0.03%	0.03%	0.03%
RJF	D	0.1%	0.04%	0.04%
RL	C	0.03%	0.03%	0.03%
RMD	D	0.09%	0.03%	0.03%
ROK	C	0.12%	0.06%	0.06%
ROP	C	0.26%	0.06%	0.06%
ROST	A	0.16%	0.08%	0.08%
RPM	D	0.05%	0.03%	0.03%
RRX	D	0.04%	0.03%	0.03%
RS	C	0.07%	0.08%	0.07%
RSG	A	0.17%	0.07%	0.07%
RTX	D	0.58%	0.32%	0.32%
SAIC	D	0.03%	0.02%	0.02%
SBAC	C	0.09%	0.02%	0.02%
SBUX	F	0.08%	0.22%	0.08%
SCHW	C	0.43%	0.12%	0.12%
SCI	C	0.04%	0.02%	0.02%
SEE	D	0.01%	0.03%	0.01%
SEIC	C	0.03%	0.02%	0.02%
SHW	C	0.03%	0.07%	0.03%
SJM	F	0.05%	0.06%	0.05%
SKX	D	0.04%	0.03%	0.03%
SLB	D	0.29%	0.14%	0.14%
SLM	C	0.02%	0.04%	0.02%
SNA	D	0.06%	0.04%	0.04%
SNV	A	0.03%	0.02%	0.02%
SNX	D	0.04%	0.03%	0.03%
SO	B	0.37%	0.26%	0.26%
SOLV	F	0.03%	0.03%	0.03%
SON	F	0.02%	0.03%	0.02%
SPG	B	0.15%	0.1%	0.1%
SPGI	A	0.61%	0.13%	0.13%
SQ	D	0.09%	0.02%	0.02%
SRE	B	0.21%	0.12%	0.12%
SSNC	B	0.06%	0.03%	0.03%
ST	C	0.02%	0.02%	0.02%
STE	D	0.09%	0.03%	0.03%
STLD	C	0.08%	0.11%	0.08%
STT	B	0.1%	0.09%	0.09%
STWD	C	0.02%	0.02%	0.02%
STZ	B	0.17%	0.08%	0.08%
SUI	C	0.06%	0.02%	0.02%
SWK	D	0.05%	0.07%	0.05%
SWKS	B	0.07%	0.05%	0.05%
SWN	D	0.03%	0.03%	0.03%
SYF	A	0.08%	0.29%	0.08%
SYK	C	0.36%	0.12%	0.12%
SYY	D	0.06%	0.1%	0.06%
T	B	0.58%	1.22%	0.58%
TAP	F	0.04%	0.05%	0.04%
TDG	D	0.24%	0.08%	0.08%
TDY	D	0.08%	0.02%	0.02%
TER	B	0.01%	0.06%	0.01%
TFC	A	0.22%	0.22%	0.22%
TFX	C	0.04%	0.02%	0.02%
TGT	C	0.29%	0.38%	0.29%
THC	B	0.06%	0.07%	0.06%
THG	D	0.02%	0.02%	0.02%
THO	D	0.02%	0.04%	0.02%
TJX	A	0.22%	0.23%	0.22%
TKR	D	0.02%	0.02%	0.02%
TMO	D	0.88%	0.26%	0.26%
TMUS	B	0.37%	0.21%	0.21%
TNL	C	0.01%	0.01%	0.01%
TOL	C	0.05%	0.05%	0.05%
TPR	C	0.04%	0.04%	0.04%
TRMB	C	0.06%	0.03%	0.03%
TROW	B	0.11%	0.13%	0.11%
TRU	B	0.06%	0.02%	0.02%
TRV	D	0.2%	0.27%	0.2%
TSN	D	0.07%	0.19%	0.07%
TT	A	0.21%	0.08%	0.08%
TTC	C	0.04%	0.02%	0.02%
TTWO	F	0.11%	0.03%	0.03%
TXN	B	0.69%	0.36%	0.36%
TXT	C	0.07%	0.06%	0.06%
UDR	B	0.06%	0.02%	0.02%
UGI	D	0.02%	0.04%	0.02%
UHAL	D	0.01%	0.0%	0.0%
UHAL	D	0.0%	0.0%	0.0%
UHAL	D	0.0%	0.02%	0.0%
UHAL	D	0.01%	0.02%	0.01%
UHS	B	0.05%	0.09%	0.05%
ULTA	D	0.01%	0.03%	0.01%
UNH	D	1.81%	1.07%	1.07%
UNM	D	0.04%	0.05%	0.04%
UNP	D	0.31%	0.37%	0.31%
UPS	F	0.43%	0.27%	0.27%
URI	C	0.14%	0.12%	0.12%
USB	B	0.27%	0.28%	0.27%
USFD	D	0.05%	0.07%	0.05%
VAC	F	0.01%	0.02%	0.01%
VFC	D	0.02%	0.05%	0.02%
VICI	C	0.12%	0.02%	0.02%
VLO	D	0.22%	0.46%	0.22%
VMC	C	0.1%	0.04%	0.04%
VNO	C	0.02%	0.03%	0.02%
VOYA	D	0.03%	0.03%	0.03%
VRSN	D	0.06%	0.01%	0.01%
VRTX	A	0.26%	0.08%	0.08%
VTR	A	0.09%	0.07%	0.07%
VTRS	C	0.05%	0.09%	0.05%
VZ	B	0.75%	1.27%	0.75%
WAB	D	0.12%	0.06%	0.06%
WAT	D	0.03%	0.03%	0.03%
WBA	F	0.03%	0.18%	0.03%
WBD	F	0.08%	0.06%	0.06%
WCC	D	0.03%	0.03%	0.03%
WDC	B	0.11%	0.17%	0.11%
WEC	D	0.11%	0.07%	0.07%
WELL	B	0.27%	0.09%	0.09%
WFC	B	0.92%	1.29%	0.92%
WHR	C	0.02%	0.07%	0.02%
WLK	D	0.02%	0.02%	0.02%
WMB	B	0.22%	0.14%	0.14%
WMT	B	1.28%	1.33%	1.28%
WPC	C	0.05%	0.02%	0.02%
WRB	D	0.07%	0.03%	0.03%
WRK	C	0.05%	0.12%	0.05%
WSM	C	0.03%	0.06%	0.03%
WSO	B	0.07%	0.03%	0.03%
WST	D	0.04%	0.02%	0.02%
WTRG	C	0.04%	0.01%	0.01%
WTW	B	0.11%	0.06%	0.06%
WU	D	0.01%	0.04%	0.01%
WY	D	0.09%	0.08%	0.08%
X	C	0.04%	0.09%	0.04%
XEL	D	0.13%	0.1%	0.1%
XOM	D	2.22%	2.04%	2.04%
XRAY	F	0.02%	0.02%	0.02%
XYL	D	0.14%	0.04%	0.04%
YUM	F	0.1%	0.08%	0.08%
ZBH	F	0.09%	0.05%	0.05%
ZBRA	B	0.05%	0.03%	0.03%
ZION	A	0.03%	0.05%	0.03%
ZTS	C	0.06%	0.08%	0.06%

IWD Overweight 276 Positions Relative to FNDX

Symbol	Grade	Weight
FI	C	0.26%
CRH	C	0.22%
FERG	D	0.15%
CSGP	F	0.13%
RCL	B	0.1%
MSTR	D	0.08%
HOOD	C	0.07%
BMRN	C	0.07%
UAL	D	0.07%
COO	D	0.07%
LH	C	0.07%
VLTO	D	0.06%
IBKR	D	0.06%
UTHR	B	0.06%
GEN	B	0.06%
RBA	B	0.06%
ZM	F	0.06%
CHRD	D	0.05%
RNR	D	0.05%
TECH	D	0.05%
CLH	B	0.05%
ELS	C	0.05%
RIVN	C	0.05%
AMH	C	0.05%
RVTY	C	0.05%
RRC	D	0.04%
EGP	B	0.04%
WYNN	F	0.04%
SF	B	0.04%
ONTO	C	0.04%
FRT	A	0.04%
PR	C	0.04%
OHI	A	0.04%
APG	C	0.04%
NYT	B	0.04%
RGLD	A	0.04%
TTEK	D	0.04%
PTC	C	0.04%
CVNA	B	0.04%
QGEN	D	0.04%
FWONK	B	0.04%
NLY	B	0.04%
REXR	C	0.04%
CUBE	B	0.04%
INCY	B	0.04%
RPRX	D	0.04%
NTNX	D	0.04%
FDS	D	0.04%
WWD	D	0.04%
CART	C	0.03%
OLLI	A	0.03%
VNT	C	0.03%
PNFP	C	0.03%
WTFC	B	0.03%
ESI	B	0.03%
ACHC	D	0.03%
ADC	B	0.03%
LFUS	C	0.03%
XP	F	0.03%
GWRE	C	0.03%
FLS	C	0.03%
MTSI	B	0.03%
HLI	A	0.03%
FR	B	0.03%
SSD	C	0.03%
HR	B	0.03%
WMS	D	0.03%
COKE	C	0.03%
FND	F	0.03%
STAG	B	0.03%
GME	C	0.03%
MTDR	C	0.03%
AFRM	F	0.03%
CBSH	B	0.03%
WEX	F	0.03%
ROKU	D	0.03%
AGNC	A	0.03%
DAY	F	0.03%
DTM	B	0.03%
MSA	B	0.03%
WAL	B	0.03%
CRUS	B	0.03%
BWXT	C	0.03%
ELAN	F	0.03%
KEX	B	0.03%
CR	C	0.03%
ATI	D	0.03%
COIN	D	0.03%
CROX	D	0.03%
Z	C	0.03%
WBS	C	0.03%
MKTX	D	0.03%
COLD	C	0.03%
TW	D	0.03%
NNN	A	0.03%
FCN	C	0.03%
TKO	C	0.03%
CGNX	C	0.03%
GMED	A	0.03%
BRBR	D	0.03%
RBC	C	0.03%
MTCH	D	0.03%
TWLO	F	0.03%
FBIN	D	0.03%
OKTA	D	0.03%
ALNY	A	0.02%
NEU	D	0.02%
KMPR	B	0.02%
LITE	B	0.02%
ROIV	C	0.02%
SLGN	D	0.02%
PSN	C	0.02%
BYD	C	0.02%
KRC	C	0.02%
ZI	F	0.02%
S	D	0.02%
BEPC	C	0.02%
COTY	F	0.02%
SN	D	0.02%
COLB	C	0.02%
BILL	F	0.02%
AGO	C	0.02%
RYN	F	0.02%
FRPT	C	0.02%
FOX	A	0.02%
WTM	D	0.02%
OZK	C	0.02%
EEFT	D	0.02%
LBRDK	D	0.02%
AMKR	B	0.02%
ASH	D	0.02%
IDA	C	0.02%
DLB	D	0.02%
CCCS	D	0.02%
DASH	F	0.02%
W	F	0.02%
EXAS	F	0.02%
FNB	A	0.02%
WSC	F	0.02%
OLED	B	0.02%
CIVI	D	0.02%
GFS	C	0.02%
RITM	C	0.02%
SAIA	D	0.02%
WH	C	0.02%
BIO	D	0.02%
ESAB	D	0.02%
VMI	B	0.02%
HXL	D	0.02%
RLI	D	0.02%
AZPN	F	0.02%
SRCL	B	0.02%
AXS	B	0.02%
BFAM	B	0.02%
PB	C	0.02%
H	B	0.02%
MAT	F	0.02%
SOFI	F	0.02%
FICO	A	0.02%
RGEN	F	0.02%
CFR	C	0.02%
FIVE	F	0.01%
ALAB	F	0.01%
DV	F	0.01%
UAA	D	0.01%
DDS	B	0.01%
UA	D	0.01%
WEN	D	0.01%
PPC	C	0.01%
SHC	D	0.01%
LYFT	F	0.01%
AS	F	0.01%
VSTS	D	0.01%
CERT	F	0.01%
REYN	F	0.01%
AZEK	D	0.01%
HAYW	D	0.01%
TRIP	F	0.01%
LSXMA	D	0.01%
QDEL	F	0.01%
GLOB	D	0.01%
MP	F	0.01%
QS	D	0.01%
FTRE	F	0.01%
RCM	D	0.01%
LLYVK	C	0.01%
RKT	C	0.01%
INFA	D	0.01%
CWEN	D	0.01%
HHH	D	0.01%
VIRT	D	0.01%
BOKF	B	0.01%
ZG	C	0.01%
ADT	C	0.01%
SAM	D	0.01%
SIRI	D	0.01%
BIRK	C	0.01%
YETI	D	0.01%
GO	F	0.01%
BROS	C	0.01%
CLVT	F	0.01%
ALGM	C	0.01%
MASI	F	0.01%
ETSY	F	0.01%
PSTG	B	0.01%
BRKR	F	0.01%
IPGP	D	0.01%
PINC	F	0.01%
SPB	D	0.01%
AGR	D	0.01%
COLM	D	0.01%
VNOM	B	0.01%
ENOV	F	0.01%
TPG	C	0.01%
U	F	0.01%
FHB	B	0.01%
LCID	D	0.01%
SMG	D	0.01%
PAYC	F	0.01%
BHF	D	0.01%
HIW	B	0.01%
CNM	D	0.01%
DNB	D	0.01%
LOPE	C	0.01%
AZTA	D	0.01%
RH	D	0.01%
CXT	F	0.01%
NVST	F	0.01%
NSA	B	0.01%
IRDM	F	0.01%
DOCS	C	0.01%
PLNT	B	0.01%
LBTYA	C	0.01%
WOLF	F	0.01%
AM	B	0.01%
EPR	C	0.01%
LBTYK	C	0.01%
AMED	A	0.01%
GTES	D	0.01%
TYL	B	0.01%
NWS	A	0.01%
AWI	C	0.01%
MSGS	C	0.01%
SITE	F	0.01%
LSXMK	D	0.01%
SPR	B	0.01%
CUZ	B	0.01%
IAC	F	0.01%
RNAC	F	0.0%
LOAR	C	0.0%
UWMC	C	0.0%
PARAA	C	0.0%
LAZ	B	0.0%
UI	C	0.0%
GRAL	D	0.0%
IONS	C	0.0%
CHH	C	0.0%
PLTK	F	0.0%
NFE	F	0.0%
TXG	F	0.0%
DJT	F	0.0%
TFSL	C	0.0%
CACC	C	0.0%
HCP	B	0.0%
PATH	F	0.0%
LBRDA	D	0.0%
LLYVA	C	0.0%
SEB	F	0.0%
PYCR	F	0.0%
CWEN	D	0.0%
FWONA	C	0.0%
NCNO	C	0.0%
CNA	A	0.0%
EXEL	B	0.0%
SNDR	C	0.0%
LSCC	F	0.0%

IWD Underweight 129 Positions Relative to FNDX

Symbol	Grade	Weight
AAPL	B	-4.62%
MSFT	C	-2.82%
META	C	-1.84%
AMZN	C	-1.54%
GOOGL	C	-1.51%
GOOG	C	-1.32%
AVGO	B	-0.74%
COST	C	-0.71%
MRK	C	-0.57%
NVDA	C	-0.43%
ORCL	B	-0.43%
V	F	-0.34%
MA	D	-0.27%
LLY	B	-0.26%
LRCX	C	-0.23%
ADBE	C	-0.22%
TSLA	C	-0.21%
WM	B	-0.16%
NFLX	C	-0.15%
VST	C	-0.13%
KLAC	B	-0.12%
AMT	B	-0.12%
INTU	C	-0.11%
TEL	A	-0.11%
BX	B	-0.1%
LUMN	F	-0.1%
STX	B	-0.1%
NXPI	B	-0.09%
ISRG	B	-0.08%
MCO	A	-0.07%
FLEX	D	-0.06%
TRGP	A	-0.06%
TSCO	D	-0.06%
DVA	C	-0.06%
CPAY	C	-0.05%
ODFL	C	-0.05%
EQH	A	-0.05%
ZIM	D	-0.05%
JXN	B	-0.04%
CDNS	C	-0.04%
LPLA	D	-0.04%
SNPS	B	-0.04%
BAH	B	-0.04%
ANET	C	-0.04%
UBER	C	-0.04%
SFM	B	-0.04%
GPI	D	-0.04%
TDS	C	-0.04%
MUSA	B	-0.04%
PBF	F	-0.04%
CMG	D	-0.04%
GT	F	-0.04%
VRSK	B	-0.04%
HBI	C	-0.03%
GDDY	C	-0.03%
MLI	B	-0.03%
IDXX	D	-0.03%
SLG	B	-0.03%
FLR	A	-0.03%
KBH	B	-0.03%
CHKP	B	-0.03%
TPH	B	-0.03%
EXPE	C	-0.03%
QRTEA	D	-0.03%
BURL	A	-0.03%
AER	B	-0.03%
GNW	D	-0.03%
MTH	C	-0.03%
ALV	D	-0.03%
LII	B	-0.03%
ADSK	C	-0.03%
CMC	C	-0.03%
IT	C	-0.03%
CCEP	C	-0.03%
CRBG	C	-0.03%
BCC	D	-0.03%
FL	D	-0.03%
TMHC	C	-0.03%
UFPI	C	-0.03%
CNO	A	-0.03%
CLX	D	-0.03%
PANW	C	-0.03%
SANM	A	-0.03%
LVS	F	-0.03%
DECK	D	-0.03%
BAP	C	-0.03%
CNX	B	-0.02%
DK	F	-0.02%
ARCH	F	-0.02%
ADNT	F	-0.02%
RUSHA	C	-0.02%
POR	C	-0.02%
WERN	D	-0.02%
POOL	F	-0.02%
ASO	F	-0.02%
ICLR	B	-0.02%
HUBG	C	-0.02%
TPX	D	-0.02%
TGNA	C	-0.02%
BECN	C	-0.02%
ETRN	D	-0.02%
DAN	F	-0.02%
ASGN	D	-0.02%
REZI	D	-0.02%
NAVI	D	-0.02%
SM	D	-0.02%
ODP	F	-0.02%
LULU	F	-0.02%
BTU	D	-0.02%
ABM	B	-0.02%
XRX	F	-0.02%
NSIT	C	-0.02%
ABG	C	-0.02%
MUR	D	-0.02%
BIG	F	-0.01%
HTZ	F	-0.01%
MATX	C	-0.01%
ANDE	F	-0.01%
NYCB	D	-0.01%
CYH	D	-0.01%
VSH	C	-0.01%
SPTN	D	-0.01%
NOW	C	-0.01%
UNFI	D	-0.01%
MMS	B	-0.01%
CBOE	F	-0.01%
AEO	D	-0.01%
OI	F	-0.01%
LILAK	A	-0.01%