MMTM vs. FNCL ETF Comparison

Comparison of SPDR S&P 1500 Momentum Tilt ETF (MMTM) to Fidelity MSCI Financials Index ETF (FNCL)
MMTM

SPDR S&P 1500 Momentum Tilt ETF

MMTM Description

The investment seeks investment results that, before fees and expenses, correspond to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P 1500 Positive Momentum Tilt Index. It invests substantially all, but at least 80%, of total assets in the securities, including business development companies, comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P Composite 1500 Index and stocks with relatively low momentum are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$264.25

Average Daily Volume

2,367

Number of Holdings *

1439

* may have additional holdings in another (foreign) market
FNCL

Fidelity MSCI Financials Index ETF

FNCL Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.68

Average Daily Volume

112,716

Number of Holdings *

380

* may have additional holdings in another (foreign) market
Performance
Period MMTM FNCL
30 Days 2.07% 7.55%
60 Days 5.82% 11.91%
90 Days 6.69% 14.78%
12 Months 37.33% 47.47%
248 Overlapping Holdings
Symbol Grade Weight in MMTM Weight in FNCL Overlap
ABCB B 0.01% 0.06% 0.01%
ABR C 0.0% 0.03% 0.0%
ACGL C 0.04% 0.46% 0.04%
AFG A 0.01% 0.13% 0.01%
AFL B 0.12% 0.74% 0.12%
AGO B 0.01% 0.06% 0.01%
AIG B 0.04% 0.63% 0.04%
AIZ A 0.02% 0.15% 0.02%
AJG A 0.05% 0.8% 0.05%
ALL A 0.13% 0.64% 0.13%
ALLY C 0.03% 0.12% 0.03%
AMG B 0.01% 0.07% 0.01%
AMP A 0.13% 0.69% 0.13%
AMSF B 0.0% 0.01% 0.0%
AON A 0.04% 0.91% 0.04%
APAM B 0.0% 0.04% 0.0%
ARI C 0.0% 0.02% 0.0%
ASB B 0.01% 0.05% 0.01%
AUB B 0.0% 0.04% 0.0%
AX B 0.01% 0.05% 0.01%
AXP A 0.51% 2.05% 0.51%
BAC A 0.81% 4.0% 0.81%
BANC B 0.0% 0.03% 0.0%
BANF B 0.0% 0.03% 0.0%
BANR B 0.01% 0.03% 0.01%
BEN C 0.0% 0.08% 0.0%
BFH C 0.0% 0.01% 0.0%
BGC C 0.01% 0.05% 0.01%
BHF C 0.0% 0.04% 0.0%
BHLB B 0.0% 0.02% 0.0%
BK A 0.17% 0.71% 0.17%
BKU A 0.01% 0.04% 0.01%
BLK B 0.38% 1.93% 0.38%
BOH B 0.0% 0.04% 0.0%
BRK.A B 1.32% 7.67% 1.32%
BRKL B 0.0% 0.01% 0.0%
BRO B 0.06% 0.33% 0.06%
BSIG A 0.0% 0.01% 0.0%
BX A 0.39% 1.6% 0.39%
BXMT C 0.0% 0.04% 0.0%
C A 0.36% 1.61% 0.36%
CADE B 0.01% 0.08% 0.01%
CASH B 0.0% 0.02% 0.0%
CATY B 0.0% 0.04% 0.0%
CB C 0.19% 1.37% 0.19%
CBOE C 0.02% 0.26% 0.02%
CBSH B 0.02% 0.11% 0.02%
CBU B 0.01% 0.04% 0.01%
CFFN C 0.0% 0.01% 0.0%
CFG B 0.07% 0.27% 0.07%
CFR B 0.01% 0.1% 0.01%
CG B 0.03% 0.15% 0.03%
CHCO B 0.0% 0.02% 0.0%
CINF A 0.05% 0.29% 0.05%
CMA B 0.03% 0.11% 0.03%
CME B 0.02% 0.99% 0.02%
CNO B 0.01% 0.06% 0.01%
CNS B 0.0% 0.03% 0.0%
COF C 0.17% 0.87% 0.17%
COLB B 0.01% 0.08% 0.01%
COOP B 0.02% 0.08% 0.02%
CPAY A 0.05% 0.31% 0.05%
CPF B 0.0% 0.01% 0.0%
CUBI B 0.0% 0.02% 0.0%
CVBF A 0.0% 0.04% 0.0%
DCOM B 0.0% 0.01% 0.0%
DFIN D 0.0% 0.02% 0.0%
DFS B 0.13% 0.54% 0.13%
ECPG C 0.0% 0.01% 0.0%
EEFT B 0.0% 0.06% 0.0%
EFC C 0.0% 0.01% 0.0%
EG C 0.0% 0.2% 0.0%
EGBN B 0.0% 0.01% 0.0%
EIG B 0.0% 0.02% 0.0%
ENVA B 0.0% 0.03% 0.0%
EQH C 0.04% 0.19% 0.04%
ERIE D 0.04% 0.13% 0.04%
ESNT F 0.01% 0.07% 0.01%
EVR B 0.04% 0.14% 0.04%
EVTC B 0.0% 0.03% 0.0%
EWBC A 0.04% 0.18% 0.04%
FAF A 0.01% 0.08% 0.01%
FBK C 0.0% 0.03% 0.0%
FBNC B 0.0% 0.02% 0.0%
FBP C 0.01% 0.04% 0.01%
FCF B 0.0% 0.02% 0.0%
FDS B 0.01% 0.23% 0.01%
FFBC B 0.0% 0.03% 0.0%
FFIN B 0.01% 0.06% 0.01%
FHB B 0.0% 0.05% 0.0%
FHI B 0.0% 0.04% 0.0%
FHN A 0.02% 0.14% 0.02%
FI A 0.32% 1.53% 0.32%
FIS C 0.14% 0.61% 0.14%
FITB B 0.1% 0.4% 0.1%
FNB A 0.01% 0.08% 0.01%
FNF B 0.04% 0.19% 0.04%
FULT A 0.01% 0.04% 0.01%
GBCI B 0.01% 0.08% 0.01%
GDOT D 0.0% 0.01% 0.0%
GL C 0.0% 0.13% 0.0%
GNW A 0.0% 0.04% 0.0%
GPN B 0.0% 0.37% 0.0%
GS A 0.56% 2.35% 0.56%
GSHD A 0.0% 0.04% 0.0%
HAFC B 0.0% 0.01% 0.0%
HASI D 0.01% 0.04% 0.01%
HBAN A 0.07% 0.32% 0.07%
HCI C 0.0% 0.01% 0.0%
HFWA C 0.0% 0.01% 0.0%
HIG B 0.1% 0.43% 0.1%
HLI A 0.03% 0.12% 0.03%
HLNE B 0.03% 0.09% 0.03%
HMN B 0.0% 0.02% 0.0%
HOMB A 0.01% 0.07% 0.01%
HOPE C 0.0% 0.02% 0.0%
HTH C 0.0% 0.02% 0.0%
HWC B 0.01% 0.06% 0.01%
IBKR A 0.06% 0.22% 0.06%
IBOC B 0.01% 0.05% 0.01%
IBTX B 0.0% 0.03% 0.0%
ICE C 0.22% 1.11% 0.22%
INDB B 0.0% 0.04% 0.0%
IVZ B 0.02% 0.07% 0.02%
JEF A 0.04% 0.15% 0.04%
JHG B 0.01% 0.08% 0.01%
JKHY D 0.01% 0.16% 0.01%
JPM A 1.81% 8.6% 1.81%
JXN C 0.03% 0.09% 0.03%
KEY B 0.05% 0.23% 0.05%
KKR A 0.34% 1.16% 0.34%
KMPR A 0.01% 0.06% 0.01%
KNSL B 0.02% 0.13% 0.02%
L A 0.02% 0.2% 0.02%
LKFN C 0.0% 0.02% 0.0%
LNC C 0.01% 0.07% 0.01%
MA B 0.58% 5.35% 0.58%
MC C 0.01% 0.06% 0.01%
MCO B 0.2% 0.98% 0.2%
MCY A 0.01% 0.03% 0.01%
MET A 0.1% 0.63% 0.1%
MKTX D 0.01% 0.12% 0.01%
MMC B 0.07% 1.35% 0.07%
MORN B 0.01% 0.12% 0.01%
MS A 0.4% 2.0% 0.4%
MSCI C 0.04% 0.59% 0.04%
MTB A 0.1% 0.44% 0.1%
MTG C 0.02% 0.08% 0.02%
NATL B 0.0% 0.03% 0.0%
NAVI F 0.0% 0.02% 0.0%
NBHC C 0.0% 0.02% 0.0%
NBTB B 0.0% 0.03% 0.0%
NDAQ A 0.08% 0.42% 0.08%
NMIH C 0.01% 0.04% 0.01%
NTRS A 0.04% 0.27% 0.04%
NWBI B 0.0% 0.02% 0.0%
OFG B 0.0% 0.02% 0.0%
ONB C 0.01% 0.09% 0.01%
ORI A 0.01% 0.12% 0.01%
OZK B 0.0% 0.06% 0.0%
PAYO A 0.0% 0.03% 0.0%
PB B 0.01% 0.1% 0.01%
PFBC B 0.0% 0.01% 0.0%
PFG D 0.03% 0.25% 0.03%
PFS B 0.01% 0.03% 0.01%
PGR A 0.42% 1.87% 0.42%
PIPR A 0.02% 0.07% 0.02%
PJT A 0.01% 0.05% 0.01%
PLMR A 0.01% 0.03% 0.01%
PMT C 0.0% 0.02% 0.0%
PNC B 0.25% 1.03% 0.25%
PNFP B 0.02% 0.12% 0.02%
PPBI C 0.01% 0.03% 0.01%
PRA C 0.0% 0.01% 0.0%
PRAA D 0.0% 0.01% 0.0%
PRG C 0.01% 0.03% 0.01%
PRI B 0.02% 0.13% 0.02%
PRK B 0.01% 0.04% 0.01%
PRU A 0.09% 0.56% 0.09%
PYPL B 0.21% 1.05% 0.21%
RC D 0.0% 0.02% 0.0%
RDN D 0.01% 0.07% 0.01%
RF A 0.07% 0.3% 0.07%
RGA A 0.03% 0.19% 0.03%
RJF A 0.03% 0.39% 0.03%
RLI A 0.01% 0.09% 0.01%
RNR C 0.01% 0.17% 0.01%
RNST B 0.0% 0.03% 0.0%
RWT D 0.0% 0.01% 0.0%
RYAN A 0.02% 0.09% 0.02%
SAFT B 0.0% 0.01% 0.0%
SBCF B 0.0% 0.03% 0.0%
SBSI C 0.0% 0.01% 0.0%
SCHW B 0.12% 1.5% 0.12%
SEIC B 0.01% 0.11% 0.01%
SF B 0.04% 0.15% 0.04%
SFBS C 0.01% 0.06% 0.01%
SFNC C 0.01% 0.04% 0.01%
SIGI C 0.0% 0.07% 0.0%
SLM A 0.01% 0.06% 0.01%
SNEX B 0.0% 0.03% 0.0%
SNV C 0.03% 0.11% 0.03%
SPGI C 0.4% 2.02% 0.4%
SPNT B 0.0% 0.02% 0.0%
SSB B 0.02% 0.1% 0.02%
STBA B 0.0% 0.02% 0.0%
STC B 0.01% 0.02% 0.01%
STEP C 0.01% 0.05% 0.01%
STT B 0.06% 0.35% 0.06%
STWD C 0.0% 0.07% 0.0%
SYF B 0.09% 0.32% 0.09%
TBBK B 0.01% 0.03% 0.01%
TCBI C 0.0% 0.05% 0.0%
TFC A 0.17% 0.77% 0.17%
TFIN B 0.0% 0.03% 0.0%
THG A 0.01% 0.07% 0.01%
TMP B 0.0% 0.01% 0.0%
TRMK C 0.0% 0.03% 0.0%
TROW B 0.02% 0.33% 0.02%
TRST B 0.0% 0.01% 0.0%
TRUP B 0.0% 0.02% 0.0%
TRV B 0.12% 0.73% 0.12%
UBSI B 0.01% 0.07% 0.01%
UCB A 0.01% 0.04% 0.01%
UFCS A 0.0% 0.01% 0.0%
UMBF B 0.02% 0.07% 0.02%
UNM A 0.01% 0.16% 0.01%
USB A 0.19% 0.98% 0.19%
V A 0.33% 6.01% 0.33%
VBTX B 0.0% 0.02% 0.0%
VIRT A 0.01% 0.04% 0.01%
VLY B 0.0% 0.06% 0.0%
VOYA B 0.01% 0.1% 0.01%
VRTS B 0.0% 0.02% 0.0%
WABC B 0.0% 0.02% 0.0%
WAFD B 0.01% 0.04% 0.01%
WAL B 0.03% 0.12% 0.03%
WBS A 0.01% 0.13% 0.01%
WD D 0.01% 0.05% 0.01%
WEX D 0.0% 0.09% 0.0%
WFC A 0.56% 3.14% 0.56%
WRB A 0.02% 0.23% 0.02%
WSFS B 0.0% 0.04% 0.0%
WT A 0.0% 0.02% 0.0%
WTFC A 0.02% 0.11% 0.02%
WTW B 0.03% 0.4% 0.03%
WU F 0.0% 0.03% 0.0%
ZION B 0.02% 0.11% 0.02%
MMTM Overweight 1191 Positions Relative to FNCL
Symbol Grade Weight
NVDA B 12.73%
AAPL C 5.96%
AMZN C 4.11%
META D 3.99%
MSFT D 3.16%
AVGO D 2.66%
LLY F 1.74%
GOOGL C 1.58%
GOOG C 1.16%
COST A 1.15%
NFLX A 1.07%
TSLA B 1.02%
HD B 0.91%
ORCL A 0.89%
WMT A 0.89%
ABBV F 0.68%
AMD F 0.67%
GE D 0.65%
ISRG A 0.6%
CAT B 0.56%
NOW A 0.56%
CRM B 0.55%
IBM C 0.51%
QCOM F 0.48%
UBER F 0.45%
PM B 0.45%
TXN C 0.43%
PLTR B 0.4%
ETN A 0.4%
AMAT F 0.4%
BKNG A 0.4%
RTX D 0.39%
TMO F 0.39%
T A 0.39%
NEE C 0.38%
BSX A 0.36%
DHR F 0.35%
LOW C 0.35%
KO D 0.33%
ANET C 0.32%
TT A 0.31%
GEV B 0.3%
MU D 0.29%
PANW B 0.27%
PH A 0.27%
ADI D 0.26%
KLAC F 0.26%
TMUS B 0.26%
VZ C 0.26%
APH A 0.25%
PG C 0.25%
SHW B 0.25%
CEG C 0.24%
XOM B 0.24%
TDG D 0.23%
MMM D 0.23%
MSI B 0.23%
CTAS B 0.21%
TJX A 0.21%
CRWD B 0.21%
SYK B 0.2%
LRCX F 0.2%
HCA F 0.2%
WELL A 0.2%
CMG B 0.19%
URI C 0.19%
AMGN F 0.19%
CARR C 0.19%
FICO B 0.19%
LIN C 0.18%
MO A 0.18%
SO C 0.18%
GM C 0.18%
RCL A 0.18%
JNJ C 0.17%
ECL D 0.17%
VST A 0.17%
CL D 0.16%
LMT D 0.16%
HWM A 0.16%
JCI B 0.16%
INTU B 0.16%
TGT F 0.16%
ABT B 0.16%
ADP A 0.15%
VRTX D 0.15%
UNH B 0.15%
MDT D 0.15%
HLT A 0.15%
PWR A 0.15%
FCX F 0.15%
DHI F 0.15%
SPG A 0.15%
MCD D 0.14%
PSA C 0.14%
OKE A 0.14%
ACN B 0.14%
AXON A 0.14%
PLD F 0.13%
DIS B 0.13%
ADSK A 0.13%
CBRE B 0.13%
REGN F 0.13%
WMB A 0.13%
LEN D 0.13%
DUK C 0.13%
TRGP A 0.13%
D C 0.12%
DAL B 0.12%
IR B 0.12%
UNP C 0.12%
NXPI D 0.12%
GWW B 0.12%
CMI A 0.12%
DELL B 0.12%
AMT C 0.12%
NEM D 0.11%
PEG A 0.11%
GLW B 0.11%
EXR C 0.11%
IRM C 0.11%
MRK D 0.11%
WM B 0.1%
GRMN B 0.1%
EFX F 0.1%
WAB B 0.1%
IT C 0.1%
O C 0.1%
RMD C 0.1%
FTNT C 0.1%
AEP C 0.1%
KMI A 0.1%
NVR D 0.09%
A D 0.09%
MAR A 0.09%
PHM D 0.09%
EBAY D 0.09%
GDDY A 0.09%
MPWR F 0.09%
GD D 0.08%
DECK A 0.08%
EME A 0.08%
TSCO D 0.08%
GEHC D 0.08%
NSC B 0.08%
UAL A 0.08%
DLR B 0.08%
SW A 0.07%
XYL D 0.07%
CSL C 0.07%
HUBB B 0.07%
BLDR D 0.07%
AVB B 0.07%
LDOS C 0.07%
DOV A 0.07%
HON C 0.07%
OTIS C 0.07%
CCI C 0.07%
CCL A 0.07%
VTR B 0.07%
TYL B 0.07%
EQIX A 0.07%
ETR B 0.07%
VLTO C 0.07%
EIX B 0.07%
NTAP C 0.07%
LHX C 0.07%
RSG A 0.07%
HPQ B 0.07%
CVX A 0.07%
LII A 0.06%
WSM C 0.06%
ORLY B 0.06%
BURL B 0.06%
TPL A 0.06%
PODD C 0.06%
THC D 0.06%
EXPE B 0.06%
ELV F 0.06%
IFF D 0.06%
EMR B 0.06%
STX C 0.06%
PEP F 0.06%
WDC D 0.06%
FSLR F 0.06%
NRG B 0.06%
MTD F 0.06%
CSCO B 0.06%
ZBRA B 0.06%
ROST D 0.06%
ZTS D 0.06%
K A 0.06%
CW C 0.05%
CMCSA B 0.05%
DE B 0.05%
KR B 0.05%
UTHR C 0.05%
ITW B 0.05%
PPL A 0.05%
SRE A 0.05%
DTE C 0.05%
PKG A 0.05%
SFM A 0.05%
IQV F 0.05%
HPE B 0.05%
IP A 0.05%
MAS D 0.05%
GEN B 0.05%
MLM C 0.05%
TER F 0.05%
PCAR B 0.05%
BBY D 0.05%
AZO C 0.05%
GILD C 0.05%
EQR C 0.05%
FIX A 0.05%
PNR A 0.05%
TOL B 0.05%
KVUE A 0.05%
COHR B 0.05%
WAT C 0.05%
BLD D 0.04%
GNRC C 0.04%
XPO B 0.04%
KMB C 0.04%
SRPT F 0.04%
AME A 0.04%
CDNS B 0.04%
KDP F 0.04%
RVTY F 0.04%
UHS D 0.04%
FAST B 0.04%
ESS B 0.04%
DOC C 0.04%
MDLZ F 0.04%
DUOL A 0.04%
CI D 0.04%
DKS D 0.04%
MANH D 0.04%
WSO A 0.04%
JLL D 0.04%
FDX B 0.04%
TPR B 0.04%
TXRH B 0.04%
USFD A 0.04%
BALL F 0.04%
CLX A 0.04%
OMC C 0.04%
CSX C 0.04%
VMC B 0.04%
OC A 0.04%
EA A 0.03%
CVLT B 0.03%
VRSK A 0.03%
AWK C 0.03%
FYBR C 0.03%
MKC C 0.03%
ONTO F 0.03%
TECH F 0.03%
VTRS A 0.03%
AA A 0.03%
GKOS B 0.03%
FBIN D 0.03%
RL C 0.03%
BWXT B 0.03%
BR A 0.03%
VICI C 0.03%
FN C 0.03%
FND D 0.03%
RPM A 0.03%
PTC B 0.03%
SMCI F 0.03%
ROP B 0.03%
SCI B 0.03%
NVT B 0.03%
MTZ B 0.03%
IDXX F 0.03%
CASY A 0.03%
JNPR D 0.03%
DD C 0.03%
NCLH B 0.03%
KIM A 0.03%
TTEK F 0.03%
YUM D 0.03%
CACI D 0.03%
ES C 0.03%
ALGN D 0.03%
AYI B 0.03%
AAON B 0.03%
ALLE C 0.03%
UDR B 0.03%
BXP C 0.03%
CUBE C 0.03%
SBUX A 0.03%
ATO A 0.03%
EMN C 0.03%
CMS C 0.03%
LUMN C 0.03%
NOC D 0.03%
CPT B 0.03%
KEYS A 0.03%
FFIV B 0.03%
GME C 0.03%
CPRT B 0.03%
BMY B 0.03%
CTVA C 0.03%
AVTR F 0.03%
MLI B 0.03%
CTSH B 0.03%
EXP B 0.03%
WING D 0.03%
CRS B 0.03%
ITT A 0.03%
PCG A 0.03%
LUV C 0.03%
LAMR C 0.03%
NI A 0.03%
CTLT C 0.03%
PAYX B 0.03%
PSX C 0.03%
COR B 0.03%
LYV A 0.03%
PSTG D 0.03%
CLH C 0.03%
MAA B 0.03%
AEE A 0.02%
KBH D 0.02%
ALK B 0.02%
KHC F 0.02%
LNT A 0.02%
J D 0.02%
FANG C 0.02%
ATR B 0.02%
ANSS B 0.02%
SHAK C 0.02%
PFE F 0.02%
CYTK F 0.02%
RGLD C 0.02%
MCHP F 0.02%
ADC A 0.02%
H B 0.02%
ABNB C 0.02%
EPRT B 0.02%
LITE B 0.02%
IBP D 0.02%
DGX A 0.02%
BRX A 0.02%
VMI B 0.02%
ADMA B 0.02%
LNTH D 0.02%
CHD A 0.02%
STE D 0.02%
AXTA B 0.02%
BMI B 0.02%
XEL A 0.02%
KD B 0.02%
MUSA B 0.02%
CROX D 0.02%
SSD F 0.02%
TDY B 0.02%
SKYW C 0.02%
NWSA A 0.02%
ENPH F 0.02%
DPZ C 0.02%
AVAV C 0.02%
OLED F 0.02%
INVH D 0.02%
TPX B 0.02%
ON D 0.02%
ILMN C 0.02%
WY F 0.02%
CNM D 0.02%
SKX D 0.02%
PLNT A 0.02%
RBC A 0.02%
SLG B 0.02%
DY D 0.02%
R B 0.02%
MATX C 0.02%
AES F 0.02%
TKO A 0.02%
ENSG C 0.02%
FSS B 0.02%
AVY F 0.02%
GAP C 0.02%
MARA B 0.02%
WWD C 0.02%
EVRG A 0.02%
F C 0.02%
FLR B 0.02%
MASI B 0.02%
NYT D 0.02%
SYY D 0.02%
KNF B 0.02%
DVA C 0.02%
SWK D 0.02%
HALO F 0.02%
EAT A 0.02%
MEDP D 0.02%
ARMK B 0.02%
CRUS D 0.02%
STZ D 0.02%
COKE C 0.02%
FLS B 0.02%
MTH D 0.02%
KEX B 0.02%
MOG.A B 0.02%
ADBE C 0.02%
ACIW B 0.02%
PFGC B 0.02%
TSN B 0.02%
FTV C 0.02%
HRB D 0.02%
MCK A 0.02%
RDNT B 0.02%
DOCS C 0.02%
CSWI B 0.02%
ATI C 0.02%
FOXA A 0.02%
ESAB C 0.02%
BRBR A 0.02%
SNPS B 0.02%
MKSI C 0.02%
AMCR C 0.02%
CIEN C 0.02%
GIS D 0.02%
ARE F 0.02%
VNO C 0.02%
TMHC C 0.02%
APD A 0.02%
AIT B 0.02%
DOW F 0.02%
TRMB B 0.02%
WMS F 0.02%
DTM A 0.02%
LPX B 0.02%
INGR C 0.02%
CR A 0.02%
MTSI B 0.02%
RRX B 0.02%
CAH B 0.02%
GMED A 0.02%
AWI A 0.02%
ROL B 0.02%
FE C 0.02%
EHC B 0.02%
HAS D 0.02%
ED C 0.02%
ACM B 0.02%
MHK D 0.02%
WEC A 0.02%
ANF F 0.02%
CHRW B 0.02%
ELS C 0.01%
ALE A 0.01%
PBH A 0.01%
PLUS F 0.01%
AM A 0.01%
LSTR D 0.01%
GHC B 0.01%
VSTO A 0.01%
CMC B 0.01%
FORM D 0.01%
VNT C 0.01%
ALRM C 0.01%
FUL F 0.01%
AIR B 0.01%
ASTH F 0.01%
CWEN C 0.01%
URBN C 0.01%
UCTT D 0.01%
SLB C 0.01%
QLYS B 0.01%
OTTR C 0.01%
CRVL B 0.01%
GPC D 0.01%
THO B 0.01%
WLK D 0.01%
KRG B 0.01%
MTX B 0.01%
CARG B 0.01%
WS C 0.01%
MIDD C 0.01%
NEU D 0.01%
WTS B 0.01%
VCEL B 0.01%
X B 0.01%
QRVO F 0.01%
WTRG B 0.01%
ADUS D 0.01%
BDX F 0.01%
FRT B 0.01%
LGND C 0.01%
NHC C 0.01%
JBLU F 0.01%
STAG D 0.01%
GATX A 0.01%
PNW A 0.01%
CPK A 0.01%
HII F 0.01%
EGP D 0.01%
IEX C 0.01%
CDP C 0.01%
PATK C 0.01%
CE F 0.01%
BRC D 0.01%
PPC C 0.01%
JWN D 0.01%
AVT C 0.01%
SPSC D 0.01%
BOX B 0.01%
LECO C 0.01%
CPRX C 0.01%
B A 0.01%
EOG A 0.01%
RXO D 0.01%
CVCO A 0.01%
OGE A 0.01%
ROIV C 0.01%
PK C 0.01%
APOG C 0.01%
SWKS F 0.01%
CNK C 0.01%
ATGE B 0.01%
HSY F 0.01%
SANM B 0.01%
APPF B 0.01%
GRBK D 0.01%
NSA C 0.01%
SWX B 0.01%
CVS D 0.01%
ACA A 0.01%
OGN F 0.01%
KFY B 0.01%
OLLI D 0.01%
PHIN A 0.01%
NPO A 0.01%
RUN F 0.01%
CRL D 0.01%
LMAT A 0.01%
SKT A 0.01%
MDU D 0.01%
RS B 0.01%
ELF C 0.01%
SEM B 0.01%
EXEL B 0.01%
NDSN B 0.01%
FMC D 0.01%
DOCN C 0.01%
YOU D 0.01%
CPB D 0.01%
CF A 0.01%
SATS D 0.01%
CNC D 0.01%
PTGX D 0.01%
CHDN B 0.01%
OUT A 0.01%
AZZ A 0.01%
DEI B 0.01%
HOG D 0.01%
HBI B 0.01%
SLVM B 0.01%
CNP A 0.01%
SIG B 0.01%
CCK D 0.01%
SNA A 0.01%
HNI B 0.01%
TREX C 0.01%
AL B 0.01%
AMKR D 0.01%
TRN B 0.01%
NOVT D 0.01%
BA F 0.01%
RUSHA C 0.01%
POST C 0.01%
CTRE C 0.01%
M F 0.01%
TNL A 0.01%
KRC B 0.01%
BJ A 0.01%
ENV B 0.01%
PPG F 0.01%
INTC C 0.01%
LYB F 0.01%
WPC C 0.01%
GVA A 0.01%
INCY C 0.01%
DT D 0.01%
TXT D 0.01%
CWK C 0.01%
BCPC B 0.01%
BOOT C 0.01%
DRI B 0.01%
AOS F 0.01%
REG A 0.01%
TMDX F 0.01%
GMS B 0.01%
SBRA C 0.01%
LH B 0.01%
LNW F 0.01%
NKE F 0.01%
HWKN B 0.01%
VRRM F 0.01%
ZWS B 0.01%
SMG C 0.01%
MAC B 0.01%
CAG F 0.01%
EW C 0.01%
ROK C 0.01%
IIPR D 0.01%
CDW F 0.01%
SITM B 0.01%
UPS C 0.01%
IDCC B 0.01%
GGG B 0.01%
HIW C 0.01%
CALM A 0.01%
POOL C 0.01%
POWL C 0.01%
GFF A 0.01%
AMH C 0.01%
DORM B 0.01%
ITGR B 0.01%
BKR A 0.01%
HST C 0.01%
RH C 0.01%
INSP D 0.01%
EXLS B 0.01%
SBAC D 0.01%
VVV D 0.01%
COP C 0.01%
ODFL C 0.01%
FR D 0.01%
CNX A 0.01%
SNX D 0.01%
VLO C 0.01%
BCC B 0.01%
GPI B 0.01%
KMX B 0.01%
FOX A 0.01%
SAIA B 0.01%
NSIT F 0.01%
STLD B 0.01%
EXPD C 0.01%
TPH D 0.01%
SMTC B 0.01%
FTDR B 0.01%
GEO B 0.01%
GLPI C 0.01%
BCO F 0.01%
EXC C 0.01%
VFC C 0.01%
WCC B 0.01%
UFPI C 0.01%
AVNT B 0.01%
GTES A 0.01%
BAX F 0.01%
EXPO D 0.01%
MMSI A 0.01%
KTB B 0.01%
ICUI D 0.01%
TTWO A 0.01%
AROC A 0.01%
PVH C 0.01%
LAD A 0.01%
RBA A 0.01%
TFX F 0.01%
CUZ B 0.01%
IRT A 0.01%
MHO D 0.01%
ITRI C 0.01%
MPC D 0.01%
OHI C 0.01%
CORT B 0.01%
DCI B 0.01%
ALTR B 0.01%
TGTX B 0.01%
KRYS C 0.01%
BDC C 0.01%
PI D 0.01%
NNN C 0.01%
LRN A 0.01%
HOLX D 0.01%
CBT D 0.01%
PSN D 0.01%
GPK C 0.01%
FLGT F 0.0%
BFS C 0.0%
RGNX D 0.0%
RES D 0.0%
PAHC C 0.0%
SLP D 0.0%
HZO F 0.0%
AOSL C 0.0%
VSAT F 0.0%
VTLE C 0.0%
TR B 0.0%
PCRX C 0.0%
SPTN D 0.0%
SEDG F 0.0%
VIR D 0.0%
PUMP C 0.0%
RCUS F 0.0%
AHCO F 0.0%
MMI C 0.0%
EYE C 0.0%
XPEL B 0.0%
WOLF F 0.0%
CBRL C 0.0%
AVNS F 0.0%
OMI F 0.0%
HRMY D 0.0%
CLB B 0.0%
PARR F 0.0%
AORT B 0.0%
BJRI C 0.0%
TWI F 0.0%
DEA D 0.0%
TALO C 0.0%
BLMN F 0.0%
PBI B 0.0%
LNN B 0.0%
TGI B 0.0%
QNST B 0.0%
DAN D 0.0%
PGNY F 0.0%
DGII C 0.0%
MYE F 0.0%
FOXF F 0.0%
HELE C 0.0%
STAA F 0.0%
AAT B 0.0%
ALGM D 0.0%
CSR B 0.0%
PEB D 0.0%
HLIT D 0.0%
GOGO C 0.0%
IART C 0.0%
LEG F 0.0%
MP C 0.0%
VSTS C 0.0%
AMPH F 0.0%
WGO C 0.0%
RCM A 0.0%
DVAX C 0.0%
FL F 0.0%
CEVA B 0.0%
BLFS C 0.0%
UAA C 0.0%
SABR C 0.0%
CNXC F 0.0%
FTRE D 0.0%
ADNT F 0.0%
UNIT B 0.0%
ROG D 0.0%
VSH F 0.0%
LGIH F 0.0%
CAR C 0.0%
CNMD C 0.0%
NEO C 0.0%
NBR C 0.0%
EXTR C 0.0%
GDEN B 0.0%
ARWR D 0.0%
YELP C 0.0%
CXW C 0.0%
VTOL B 0.0%
ASTE C 0.0%
HI C 0.0%
EMBC C 0.0%
VC F 0.0%
JACK C 0.0%
WERN C 0.0%
MNRO D 0.0%
DV C 0.0%
DLX B 0.0%
SCHL F 0.0%
NVRI D 0.0%
LBRT D 0.0%
SLAB F 0.0%
USNA C 0.0%
ARCH B 0.0%
HAIN D 0.0%
PII F 0.0%
COLM C 0.0%
LCII C 0.0%
ETD C 0.0%
PENN C 0.0%
VICR C 0.0%
VAC C 0.0%
PTEN C 0.0%
POWI F 0.0%
PCH F 0.0%
ALGT B 0.0%
GT C 0.0%
PLAY D 0.0%
UNF B 0.0%
ORA B 0.0%
CABO B 0.0%
XNCR B 0.0%
MSM C 0.0%
FLO D 0.0%
NWN A 0.0%
IRWD F 0.0%
DXC B 0.0%
CELH F 0.0%
SJW F 0.0%
ST F 0.0%
PZZA F 0.0%
LTC B 0.0%
NGVT B 0.0%
SEE C 0.0%
AMN F 0.0%
BYD B 0.0%
UA C 0.0%
NWL C 0.0%
MODG F 0.0%
SCL C 0.0%
MATV D 0.0%
JOE F 0.0%
EPC F 0.0%
HTLD C 0.0%
AXL C 0.0%
SM B 0.0%
LEA F 0.0%
SXC A 0.0%
ALG B 0.0%
FIZZ C 0.0%
CNSL C 0.0%
KOP C 0.0%
MLKN F 0.0%
XRAY F 0.0%
HPP F 0.0%
AGCO D 0.0%
WFRD D 0.0%
ENR B 0.0%
KELYA F 0.0%
MD C 0.0%
WHR B 0.0%
ENOV C 0.0%
DAR C 0.0%
USPH B 0.0%
CGNX D 0.0%
GES F 0.0%
JAZZ B 0.0%
LSCC D 0.0%
NVEE F 0.0%
DINO D 0.0%
MTDR B 0.0%
G B 0.0%
SDGR C 0.0%
GXO B 0.0%
SVC F 0.0%
AIN C 0.0%
MXL C 0.0%
KLIC B 0.0%
PCTY C 0.0%
AHH D 0.0%
JBSS F 0.0%
NSP F 0.0%
MCRI A 0.0%
NARI C 0.0%
SCSC C 0.0%
OI C 0.0%
DRH B 0.0%
JBGS F 0.0%
GTLS A 0.0%
TDW F 0.0%
CWT C 0.0%
RGEN D 0.0%
GEF A 0.0%
UTL B 0.0%
OMCL C 0.0%
KSS F 0.0%
KALU C 0.0%
HGV C 0.0%
CHRD D 0.0%
MAT D 0.0%
HSIC C 0.0%
AMR C 0.0%
ACLS F 0.0%
BL B 0.0%
WBA F 0.0%
ROIC A 0.0%
JJSF C 0.0%
SHO D 0.0%
CPRI F 0.0%
RRC B 0.0%
TRIP F 0.0%
MATW C 0.0%
LESL D 0.0%
IPAR B 0.0%
MGPI F 0.0%
AR B 0.0%
CSGS B 0.0%
XRX F 0.0%
KLG B 0.0%
PAYC B 0.0%
LQDT B 0.0%
PLAB C 0.0%
CTS C 0.0%
SOLV D 0.0%
PR B 0.0%
GO C 0.0%
UPBD B 0.0%
PEN B 0.0%
OPCH D 0.0%
JBT B 0.0%
VRE B 0.0%
TAP C 0.0%
CC C 0.0%
MPW F 0.0%
SJM D 0.0%
WNC C 0.0%
ALB B 0.0%
CERT F 0.0%
COHU C 0.0%
MTRN C 0.0%
GNL F 0.0%
DAY B 0.0%
HRL D 0.0%
ASIX B 0.0%
MSEX C 0.0%
COLL F 0.0%
VIAV C 0.0%
AAL B 0.0%
AEIS C 0.0%
NABL F 0.0%
CZR F 0.0%
PDFS C 0.0%
BMRN F 0.0%
GPRE F 0.0%
DLTR F 0.0%
IIIN C 0.0%
EXPI D 0.0%
NVST B 0.0%
BG D 0.0%
MOS F 0.0%
MTN C 0.0%
OVV B 0.0%
BGS F 0.0%
ARCB C 0.0%
EPAM B 0.0%
CALX D 0.0%
HP C 0.0%
FIVE F 0.0%
THS D 0.0%
AKAM D 0.0%
SYNA C 0.0%
KAR B 0.0%
APA D 0.0%
HCSG C 0.0%
SHC F 0.0%
JBL C 0.0%
PDCO F 0.0%
TKR D 0.0%
IPGP D 0.0%
BDN C 0.0%
AWR B 0.0%
MRNA F 0.0%
SAM C 0.0%
DG F 0.0%
VSCO C 0.0%
GTY A 0.0%
PRGO C 0.0%
ACHC F 0.0%
JBHT C 0.0%
FDP B 0.0%
PRLB B 0.0%
SHEN F 0.0%
DNOW B 0.0%
RGR F 0.0%
ODP F 0.0%
INN D 0.0%
MTCH D 0.0%
SMP C 0.0%
YETI D 0.0%
CAL F 0.0%
UHT D 0.0%
VRSN C 0.0%
MRO B 0.0%
CEIX A 0.0%
AMWD C 0.0%
ALKS C 0.0%
CHH A 0.0%
SSTK F 0.0%
RYN D 0.0%
PNM B 0.0%
TGNA B 0.0%
LXP D 0.0%
FWRD D 0.0%
ATEN A 0.0%
ARW D 0.0%
WDFC B 0.0%
TDC D 0.0%
MRTN D 0.0%
NEOG F 0.0%
LFUS D 0.0%
AVA A 0.0%
AAP D 0.0%
ANDE D 0.0%
ICHR C 0.0%
CAKE C 0.0%
OLN F 0.0%
SUPN C 0.0%
BIO C 0.0%
NX C 0.0%
VVI C 0.0%
COTY F 0.0%
DIOD D 0.0%
WEN D 0.0%
CLF F 0.0%
KN B 0.0%
CTRA B 0.0%
HUBG A 0.0%
VAL F 0.0%
TILE B 0.0%
PRGS A 0.0%
KMT B 0.0%
TTGT B 0.0%
FCN F 0.0%
MTUS C 0.0%
ASO F 0.0%
ALEX B 0.0%
WWW A 0.0%
WOR F 0.0%
CARS C 0.0%
APTV F 0.0%
PAG B 0.0%
GNTX C 0.0%
SMPL B 0.0%
BBWI C 0.0%
VYX B 0.0%
CRI F 0.0%
TEX F 0.0%
NTCT C 0.0%
ASGN F 0.0%
HAYW B 0.0%
FCPT C 0.0%
LVS B 0.0%
BIIB F 0.0%
ALV C 0.0%
KWR C 0.0%
WST C 0.0%
LIVN F 0.0%
TTMI C 0.0%
BC C 0.0%
LANC C 0.0%
THRM F 0.0%
UVV B 0.0%
EL F 0.0%
CHE D 0.0%
DBX B 0.0%
NXST C 0.0%
SAH C 0.0%
ETSY D 0.0%
EQT B 0.0%
DVN F 0.0%
REX D 0.0%
IRDM D 0.0%
MGY A 0.0%
SR A 0.0%
LKQ F 0.0%
MRCY C 0.0%
ZD B 0.0%
HAL C 0.0%
PARA C 0.0%
CCOI B 0.0%
BKE B 0.0%
SBH C 0.0%
WBD B 0.0%
PBF D 0.0%
SXI B 0.0%
AMED F 0.0%
CXT C 0.0%
HAE C 0.0%
CENTA C 0.0%
UNFI A 0.0%
REXR F 0.0%
RAMP B 0.0%
BHE C 0.0%
ENS F 0.0%
OXM F 0.0%
PRDO B 0.0%
SON F 0.0%
MSGS A 0.0%
RHI C 0.0%
NWE B 0.0%
CNXN C 0.0%
ASH F 0.0%
PECO A 0.0%
BRKR D 0.0%
DXCM C 0.0%
OII B 0.0%
HSII B 0.0%
KNX C 0.0%
BWA D 0.0%
XHR B 0.0%
DLB B 0.0%
CSGP D 0.0%
AGYS A 0.0%
LOPE C 0.0%
GBX A 0.0%
MGM D 0.0%
HUM C 0.0%
ZBH C 0.0%
ARLO C 0.0%
HXL F 0.0%
RMBS B 0.0%
MSA F 0.0%
TNDM D 0.0%
ELME D 0.0%
GIII D 0.0%
PSMT D 0.0%
ABG C 0.0%
ADM D 0.0%
CHTR C 0.0%
ROCK C 0.0%
LULU C 0.0%
CHX C 0.0%
NFG A 0.0%
SCVL F 0.0%
OXY D 0.0%
BKH A 0.0%
INVA D 0.0%
MAN F 0.0%
TTC C 0.0%
WYNN C 0.0%
NUE C 0.0%
APLE B 0.0%
EPR C 0.0%
STRA C 0.0%
LZB B 0.0%
OGS A 0.0%
NBIX C 0.0%
NOV C 0.0%
FELE B 0.0%
CRC A 0.0%
SXT C 0.0%
MUR D 0.0%
REZI A 0.0%
IPG D 0.0%
MNST C 0.0%
CCS D 0.0%
AZTA D 0.0%
NOG B 0.0%
KBR F 0.0%
HES B 0.0%
CIVI D 0.0%
BLKB B 0.0%
HQY A 0.0%
POR C 0.0%
SLGN A 0.0%
LW C 0.0%
BERY C 0.0%
AKR B 0.0%
NJR A 0.0%
MMS F 0.0%
TDS B 0.0%
LPG F 0.0%
ESE B 0.0%
WH B 0.0%
EPAC C 0.0%
ANIP F 0.0%
TNC D 0.0%
HLX B 0.0%
SHOO F 0.0%
AEO F 0.0%
CHEF A 0.0%
MOH F 0.0%
PLXS B 0.0%
MYGN F 0.0%
MYRG B 0.0%
OSK C 0.0%
UE B 0.0%
CENX B 0.0%
UGI C 0.0%
HCC B 0.0%
ULTA F 0.0%
UFPT C 0.0%
VECO F 0.0%
OSIS A 0.0%
WHD B 0.0%
MGEE B 0.0%
NWS A 0.0%
ABM B 0.0%
SAIC F 0.0%
IOSP C 0.0%
AN C 0.0%
WKC C 0.0%
IDA A 0.0%
MMTM Underweight 132 Positions Relative to FNCL
Symbol Grade Weight
APO B -0.81%
COIN C -0.66%
SQ A -0.58%
ARES A -0.39%
LPLA A -0.29%
MKL A -0.28%
FCNCA A -0.27%
HOOD B -0.21%
TOST B -0.18%
TW A -0.18%
SOFI B -0.17%
AFRM A -0.16%
OWL A -0.13%
OMF A -0.09%
BPOP C -0.09%
AXS A -0.09%
AGNC C -0.08%
FOUR A -0.07%
WTM A -0.06%
UPST B -0.06%
TPG A -0.06%
ESGR B -0.05%
PFSI C -0.05%
VCTR B -0.04%
HTLF B -0.04%
CACC D -0.04%
FIBK B -0.04%
BOKF B -0.04%
EBC B -0.04%
SYBT B -0.03%
AGM B -0.03%
FRHC B -0.03%
DBRG F -0.03%
EFSC B -0.03%
WSBC B -0.03%
FLYW B -0.03%
OSCR D -0.03%
TOWN B -0.03%
FRME B -0.03%
OCFC B -0.02%
SRCE B -0.02%
PEBO B -0.02%
ACT C -0.02%
GABC B -0.02%
NNI D -0.02%
NIC B -0.02%
CODI B -0.02%
TCBK C -0.02%
LOB C -0.02%
LADR B -0.02%
MQ D -0.02%
QCRH B -0.02%
BUSE B -0.02%
LMND B -0.02%
RKT F -0.02%
LC A -0.02%
SKWD A -0.02%
SASR B -0.02%
CLBK C -0.01%
HONE C -0.01%
KRNY C -0.01%
CCBG B -0.01%
PX A -0.01%
TRTX C -0.01%
GSBC C -0.01%
TREE F -0.01%
UWMC D -0.01%
NFBK C -0.01%
NRDS C -0.01%
BHB C -0.01%
SPFI C -0.01%
AMBC C -0.01%
TIPT C -0.01%
PGC B -0.01%
KREF C -0.01%
FMNB B -0.01%
MCB B -0.01%
EZPW B -0.01%
LPRO B -0.01%
FSBC C -0.01%
THFF B -0.01%
CTLP B -0.01%
MSBI B -0.01%
PAY A -0.01%
SMBC B -0.01%
UVE B -0.01%
IIIV C -0.01%
CAC C -0.01%
RBCAA B -0.01%
EQBK B -0.01%
RPAY D -0.01%
TFSL A -0.01%
IMXI B -0.01%
BFST C -0.01%
CASS C -0.01%
MCBS B -0.01%
AMTB B -0.01%
FG A -0.01%
FCBC C -0.01%
HTBK B -0.01%
CMTG F -0.01%
AMAL B -0.01%
OSBC A -0.01%
FMBH B -0.01%
CCB A -0.01%
CFB B -0.01%
WASH C -0.01%
BFC B -0.01%
BHRB B -0.01%
HBNC B -0.01%
BRSP C -0.01%
MBIN F -0.01%
DX B -0.01%
MBWM B -0.01%
BY B -0.01%
OBK C -0.01%
CNOB B -0.01%
CTBI B -0.01%
CNNE B -0.01%
IBCP B -0.01%
FBMS B -0.01%
UVSP B -0.01%
FBRT D -0.01%
PFC B -0.01%
AROW B -0.0%
RILY F -0.0%
GCBC C -0.0%
DGICA A -0.0%
DHIL B -0.0%
HGTY B -0.0%
HBT B -0.0%
WRLD C -0.0%
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