SCHX vs. NZAC ETF Comparison

Comparison of Schwab U.S. Large-Cap ETF (SCHX) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

SCHX

Schwab U.S. Large-Cap ETF

SCHX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$23.65

Average Daily Volume

7,588,151

Number of Holdings ^*

734

* may have additional holdings in another (foreign) market

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$37.35

Average Daily Volume

11,089

Number of Holdings ^*

369

* may have additional holdings in another (foreign) market

Performance

Period	SCHX	NZAC
30 Days	3.37%	0.00%
60 Days	7.15%	2.50%
90 Days	10.75%	6.90%
12 Months	38.36%	31.29%

335 Overlapping Holdings

	Symbol	Grade	Weight in SCHX	Weight in NZAC	Overlap
	A	F	0.07%	0.06%	0.06%
	AAPL	D	6.3%	4.41%	4.41%
	ABBV	D	0.66%	0.4%	0.4%
	ABBV	D	0.66%	0.6%	0.6%
	ABNB	C	0.12%	0.05%	0.05%
	ABT	B	0.38%	0.19%	0.19%
	ACGL	D	0.07%	0.12%	0.07%
	ACM	B	0.03%	0.36%	0.03%
	ACN	C	0.41%	0.38%	0.38%
	ADBE	C	0.42%	0.34%	0.34%
	ADI	D	0.21%	0.5%	0.21%
	ADP	A	0.23%	0.2%	0.2%
	ADSK	B	0.12%	0.09%	0.09%
	AFG	B	0.02%	0.07%	0.02%
	AFL	C	0.1%	0.26%	0.1%
	AIG	C	0.09%	0.14%	0.09%
	AIZ	A	0.02%	0.08%	0.02%
	AJG	B	0.12%	0.07%	0.07%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	A	0.09%	0.13%	0.09%
	ALLE	D	0.02%	0.09%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	ALNY	D	0.07%	0.04%	0.04%
	AMAT	F	0.29%	0.13%	0.13%
	AMD	F	0.44%	0.29%	0.29%
	AME	A	0.08%	0.16%	0.08%
	AMGN	F	0.32%	0.23%	0.23%
	AMP	A	0.1%	0.15%	0.1%
	AMT	F	0.17%	0.1%	0.1%
	AMZN	B	3.6%	2.4%	2.4%
	ANET	C	0.2%	0.07%	0.07%
	ANSS	B	0.05%	0.02%	0.02%
	AON	A	0.15%	0.11%	0.11%
	APH	B	0.16%	0.12%	0.12%
	APO	B	0.14%	0.17%	0.14%
	AVB	B	0.06%	0.12%	0.06%
	AVGO	B	1.55%	1.2%	1.2%
	AVTR	F	0.03%	0.03%	0.03%
	AXON	B	0.06%	0.05%	0.05%
	AXP	B	0.31%	0.35%	0.31%
	AZO	C	0.1%	0.09%	0.09%
	BAC	A	0.57%	0.41%	0.41%
	BAH	C	0.04%	0.03%	0.03%
	BAX	F	0.03%	0.02%	0.02%
	BBWI	C	0.01%	0.01%	0.01%
	BDX	D	0.13%	0.11%	0.11%
	BIIB	F	0.05%	0.03%	0.03%
	BIO	C	0.01%	0.01%	0.01%
	BK	B	0.11%	0.12%	0.11%
	BKNG	A	0.31%	0.23%	0.23%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	B	0.21%	0.23%	0.21%
	BR	A	0.05%	0.08%	0.05%
	BRK.A	C	1.6%	0.37%	0.37%
	BRO	A	0.05%	0.05%	0.05%
	BSX	A	0.24%	0.3%	0.24%
	BURL	C	0.03%	0.03%	0.03%
	BX	B	0.24%	0.18%	0.18%
	BXP	D	0.02%	0.07%	0.02%
	C	B	0.25%	0.01%	0.01%
	CARR	D	0.12%	0.03%	0.03%
	CB	D	0.2%	0.22%	0.2%
	CBOE	D	0.04%	0.03%	0.03%
	CBRE	B	0.07%	0.18%	0.07%
	CCI	F	0.08%	0.07%	0.07%
	CDW	F	0.05%	0.15%	0.05%
	CEG	D	0.14%	0.04%	0.04%
	CG	B	0.02%	0.02%	0.02%
	CHD	B	0.05%	0.09%	0.05%
	CHTR	B	0.07%	0.07%	0.07%
	CINF	A	0.04%	0.06%	0.04%
	CLX	B	0.04%	0.01%	0.01%
	CMCSA	B	0.32%	0.25%	0.25%
	CME	B	0.15%	0.12%	0.12%
	CMG	B	0.15%	0.07%	0.07%
	COF	B	0.14%	0.13%	0.13%
	COIN	B	0.1%	0.03%	0.03%
	CPAY	A	0.04%	0.04%	0.04%
	CPRT	B	0.09%	0.04%	0.04%
	CRM	B	0.55%	0.39%	0.39%
	CRWD	B	0.14%	0.02%	0.02%
	CSCO	A	0.43%	0.4%	0.4%
	CSGP	D	0.06%	0.03%	0.03%
	CSX	B	0.13%	0.09%	0.09%
	CTAS	A	0.14%	0.04%	0.04%
	CTLT	C	0.02%	0.02%	0.02%
	CTSH	A	0.07%	0.08%	0.07%
	DASH	A	0.1%	0.02%	0.02%
	DE	D	0.19%	0.14%	0.14%
	DFS	B	0.09%	0.09%	0.09%
	DGX	A	0.03%	0.02%	0.02%
	DHI	D	0.09%	0.06%	0.06%
	DHR	F	0.3%	0.2%	0.2%
	DIS	C	0.33%	0.24%	0.24%
	DLR	B	0.1%	0.38%	0.1%
	DLTR	F	0.02%	0.02%	0.02%
	DOC	C	0.03%	0.01%	0.01%
	DOCU	A	0.03%	0.01%	0.01%
	DXCM	C	0.05%	0.03%	0.03%
	EA	A	0.07%	0.01%	0.01%
	EBAY	D	0.06%	0.13%	0.06%
	ECL	D	0.12%	0.06%	0.06%
	EFX	D	0.06%	0.03%	0.03%
	EG	D	0.03%	0.03%	0.03%
	EIX	D	0.06%	0.77%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.19%	0.18%	0.18%
	ENPH	F	0.02%	0.06%	0.02%
	EPAM	C	0.02%	0.01%	0.01%
	EQH	B	0.03%	0.1%	0.03%
	EQIX	C	0.16%	0.32%	0.16%
	EQR	D	0.05%	0.07%	0.05%
	ERIE	F	0.02%	0.03%	0.02%
	ESS	C	0.03%	0.09%	0.03%
	ETN	A	0.27%	0.28%	0.27%
	EW	F	0.07%	0.1%	0.07%
	EXAS	F	0.02%	0.01%	0.01%
	EXR	D	0.06%	0.04%	0.04%
	FAST	B	0.09%	0.17%	0.09%
	FDS	A	0.03%	0.01%	0.01%
	FFIV	B	0.03%	0.18%	0.03%
	FI	A	0.23%	0.17%	0.17%
	FIS	C	0.09%	0.06%	0.06%
	FOXA	A	0.03%	0.04%	0.03%
	FSLR	F	0.04%	0.16%	0.04%
	FTNT	A	0.1%	0.07%	0.07%
	FTV	D	0.05%	0.09%	0.05%
	GDDY	A	0.05%	0.03%	0.03%
	GILD	B	0.21%	0.07%	0.07%
	GIS	F	0.07%	0.08%	0.07%
	GLW	B	0.07%	0.2%	0.07%
	GOOG	B	1.59%	1.48%	1.48%
	GOOGL	B	1.92%	1.06%	1.06%
	GPN	B	0.05%	0.04%	0.04%
	GRMN	A	0.06%	0.08%	0.06%
	GS	B	0.35%	0.06%	0.06%
	GWW	B	0.1%	0.21%	0.1%
	HBAN	A	0.05%	0.02%	0.02%
	HD	B	0.72%	0.56%	0.56%
	HEI	C	0.05%	0.02%	0.02%
	HIG	C	0.06%	0.12%	0.06%
	HLT	A	0.11%	0.02%	0.02%
	HOLX	D	0.03%	0.05%	0.03%
	HPE	B	0.05%	0.15%	0.05%
	HSIC	F	0.02%	0.05%	0.02%
	HSY	D	0.05%	0.05%	0.05%
	HUM	F	0.06%	0.07%	0.06%
	IBM	D	0.37%	0.61%	0.37%
	ICE	D	0.17%	0.12%	0.12%
	IDXX	D	0.06%	0.06%	0.06%
	IEX	B	0.03%	0.04%	0.03%
	ILMN	C	0.04%	0.04%	0.04%
	INCY	B	0.02%	0.01%	0.01%
	INTC	C	0.2%	0.19%	0.19%
	INTU	A	0.34%	0.3%	0.3%
	IPG	F	0.02%	0.01%	0.01%
	IQV	F	0.07%	0.11%	0.07%
	IRM	C	0.06%	0.06%	0.06%
	ISRG	A	0.34%	0.3%	0.3%
	IT	A	0.08%	0.03%	0.03%
	ITW	B	0.14%	0.32%	0.14%
	JKHY	C	0.02%	0.01%	0.01%
	JNJ	F	0.71%	0.61%	0.61%
	JNPR	C	0.02%	0.14%	0.02%
	JPM	B	1.31%	1.03%	1.03%
	KDP	D	0.07%	0.08%	0.07%
	KEYS	B	0.05%	0.07%	0.05%
	KKR	B	0.19%	0.13%	0.13%
	KLAC	F	0.17%	0.16%	0.16%
	KVUE	A	0.08%	0.01%	0.01%
	LEN	D	0.08%	0.06%	0.06%
	LH	B	0.04%	0.02%	0.02%
	LIN	D	0.41%	0.08%	0.08%
	LKQ	D	0.02%	0.03%	0.02%
	LLY	D	1.14%	0.98%	0.98%
	LOW	B	0.28%	0.24%	0.24%
	LRCX	F	0.19%	0.11%	0.11%
	LULU	C	0.07%	0.08%	0.07%
	LYV	A	0.04%	0.04%	0.04%
	MA	A	0.8%	0.63%	0.63%
	MAR	A	0.12%	0.02%	0.02%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.39%	0.35%	0.35%
	MCO	C	0.13%	0.21%	0.13%
	MDT	D	0.21%	0.22%	0.21%
	MET	C	0.09%	0.2%	0.09%
	META	B	2.32%	1.69%	1.69%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.07%	0.04%
	MKTX	C	0.02%	0.01%	0.01%
	MMC	C	0.2%	0.19%	0.19%
	MMM	D	0.14%	0.02%	0.02%
	MNST	B	0.07%	0.03%	0.03%
	MOH	F	0.04%	0.02%	0.02%
	MRK	F	0.47%	0.48%	0.47%
	MRNA	F	0.03%	0.02%	0.02%
	MRVL	B	0.15%	0.13%	0.13%
	MS	A	0.3%	0.25%	0.25%
	MSFT	C	5.81%	4.04%	4.04%
	MSI	B	0.15%	0.25%	0.15%
	MSTR	A	0.08%	0.02%	0.02%
	MTB	B	0.07%	0.09%	0.07%
	MTCH	F	0.02%	0.01%	0.01%
	MTD	F	0.06%	0.07%	0.06%
	MU	C	0.23%	0.1%	0.1%
	NBIX	C	0.02%	0.01%	0.01%
	NDAQ	B	0.06%	0.04%	0.04%
	NEM	F	0.1%	0.09%	0.09%
	NFLX	A	0.62%	0.46%	0.46%
	NKE	F	0.17%	0.11%	0.11%
	NOW	A	0.38%	0.38%	0.38%
	NSC	B	0.12%	0.04%	0.04%
	NTAP	C	0.05%	0.06%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NVDA	A	6.66%	4.78%	4.78%
	NVR	D	0.05%	0.03%	0.03%
	NXPI	F	0.11%	0.01%	0.01%
	O	D	0.09%	0.06%	0.06%
	ODFL	B	0.08%	0.02%	0.02%
	OMC	B	0.04%	0.03%	0.03%
	ORCL	A	0.54%	0.59%	0.54%
	ORLY	A	0.13%	0.18%	0.13%
	PANW	A	0.23%	0.14%	0.14%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.08%	0.08%
	PCAR	B	0.11%	0.06%	0.06%
	PFE	F	0.29%	0.2%	0.2%
	PGR	B	0.28%	0.21%	0.21%
	PH	B	0.17%	0.25%	0.17%
	PHM	D	0.05%	0.04%	0.04%
	PINS	D	0.04%	0.02%	0.02%
	PLD	F	0.2%	0.21%	0.2%
	PLTR	B	0.21%	0.06%	0.06%
	PNC	A	0.15%	0.18%	0.15%
	PNR	B	0.03%	0.22%	0.03%
	PODD	B	0.03%	0.02%	0.02%
	POOL	D	0.03%	0.02%	0.02%
	PPG	F	0.05%	0.11%	0.05%
	PRU	B	0.08%	0.14%	0.08%
	PSA	D	0.1%	0.11%	0.1%
	PWR	B	0.09%	0.23%	0.09%
	PYPL	B	0.15%	0.12%	0.12%
	QCOM	F	0.36%	0.28%	0.28%
	REG	B	0.02%	0.08%	0.02%
	REGN	F	0.16%	0.11%	0.11%
	RF	A	0.04%	0.07%	0.04%
	RIVN	F	0.01%	0.01%	0.01%
	RJF	A	0.06%	0.03%	0.03%
	RMD	B	0.07%	0.08%	0.07%
	ROK	B	0.06%	0.08%	0.06%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.11%	0.02%	0.02%
	ROST	F	0.09%	0.09%	0.09%
	RPRX	F	0.02%	0.02%	0.02%
	RS	B	0.03%	0.08%	0.03%
	RVTY	C	0.03%	0.08%	0.03%
	SBAC	D	0.04%	0.03%	0.03%
	SBUX	B	0.2%	0.14%	0.14%
	SCHW	A	0.21%	0.17%	0.17%
	SEIC	A	0.01%	0.02%	0.01%
	SHW	B	0.16%	0.56%	0.16%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.03%	0.02%	0.02%
	SNAP	C	0.02%	0.01%	0.01%
	SNOW	C	0.08%	0.02%	0.02%
	SPG	B	0.1%	0.15%	0.1%
	SPGI	D	0.29%	0.37%	0.29%
	SQ	A	0.08%	0.02%	0.02%
	SQ	A	0.08%	0.01%	0.01%
	STE	F	0.04%	0.02%	0.02%
	STLD	B	0.04%	0.01%	0.01%
	STT	B	0.05%	0.02%	0.02%
	STZ	D	0.07%	0.03%	0.03%
	SUI	F	0.03%	0.01%	0.01%
	SWKS	F	0.03%	0.01%	0.01%
	SYF	B	0.05%	0.09%	0.05%
	SYK	A	0.24%	0.23%	0.23%
	T	C	0.3%	0.17%	0.17%
	TDG	B	0.14%	0.13%	0.13%
	TDY	A	0.04%	0.1%	0.04%
	TECH	C	0.02%	0.01%	0.01%
	TER	D	0.03%	0.04%	0.03%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.02%	0.02%
	TJX	B	0.24%	0.35%	0.24%
	TMO	F	0.4%	0.34%	0.34%
	TMUS	A	0.21%	0.13%	0.13%
	TRMB	B	0.03%	0.07%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.01%	0.01%
	TRV	B	0.11%	0.15%	0.11%
	TSLA	B	1.49%	1.19%	1.19%
	TT	A	0.16%	0.02%	0.02%
	TTD	A	0.1%	0.06%	0.06%
	TW	B	0.03%	0.02%	0.02%
	TXN	B	0.36%	0.28%	0.28%
	UBER	F	0.29%	0.16%	0.16%
	UHAL	C	0.01%	0.04%	0.01%
	ULTA	C	0.03%	0.05%	0.03%
	UNH	B	1.02%	0.77%	0.77%
	UNP	D	0.28%	0.21%	0.21%
	UPS	D	0.18%	0.07%	0.07%
	URI	B	0.11%	0.05%	0.05%
	USB	B	0.15%	0.12%	0.12%
	V	A	0.96%	0.72%	0.72%
	VEEV	B	0.06%	0.03%	0.03%
	VICI	D	0.06%	0.03%	0.03%
	VLTO	D	0.05%	0.03%	0.03%
	VMC	B	0.07%	0.02%	0.02%
	VRSK	A	0.07%	0.04%	0.04%
	VRSN	C	0.03%	0.01%	0.01%
	VRT	B	0.08%	0.02%	0.02%
	VRTX	B	0.24%	0.15%	0.15%
	VTR	C	0.05%	0.06%	0.05%
	VZ	D	0.32%	0.2%	0.2%
	WAB	B	0.07%	0.08%	0.07%
	WAT	B	0.04%	0.02%	0.02%
	WDAY	B	0.1%	0.02%	0.02%
	WELL	B	0.14%	0.15%	0.14%
	WFC	B	0.46%	0.23%	0.23%
	WM	A	0.15%	0.1%	0.1%
	WMT	A	0.67%	0.34%	0.34%
	WPC	F	0.02%	0.01%	0.01%
	WRB	B	0.03%	0.07%	0.03%
	WST	C	0.04%	0.02%	0.02%
	WTW	A	0.06%	0.07%	0.06%
	WYNN	F	0.02%	0.01%	0.01%
	XYL	D	0.06%	0.36%	0.06%
	YUM	B	0.07%	0.08%	0.07%
	Z	B	0.02%	0.01%	0.01%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	A	0.04%	0.02%	0.02%
	ZM	A	0.04%	0.02%	0.02%
	ZTS	F	0.14%	0.16%	0.14%

SCHX Overweight 401 Positions Relative to NZAC

	Symbol	Grade	Weight
	XOM	B	1.0%
	COST	B	0.74%
	PG	D	0.71%
	CVX	B	0.5%
	KO	F	0.46%
	PEP	F	0.42%
	CAT	B	0.38%
	PM	C	0.36%
	GE	C	0.36%
	RTX	C	0.3%
	NEE	D	0.28%
	HON	B	0.26%
	COP	C	0.25%
	LMT	D	0.22%
	BA	F	0.2%
	SO	D	0.18%
	GEV	B	0.17%
	MO	A	0.17%
	SNPS	B	0.16%
	DUK	D	0.16%
	CI	D	0.16%
	MDLZ	F	0.16%
	GD	A	0.15%
	CDNS	B	0.15%
	EMR	A	0.14%
	CL	F	0.14%
	CVS	F	0.14%
	FCX	F	0.13%
	WMB	A	0.13%
	APD	B	0.13%
	MCK	B	0.13%
	NOC	C	0.13%
	EOG	B	0.13%
	GM	B	0.12%
	SLB	D	0.12%
	TFC	A	0.12%
	FDX	B	0.12%
	HCA	D	0.12%
	OKE	A	0.11%
	AEP	D	0.1%
	FICO	A	0.1%
	MPC	D	0.1%
	PSX	D	0.1%
	RCL	A	0.1%
	JCI	B	0.1%
	SRE	A	0.1%
	HWM	B	0.09%
	D	D	0.09%
	CMI	B	0.09%
	LHX	B	0.09%
	KMI	A	0.09%
	TRGP	A	0.08%
	IR	A	0.08%
	PEG	D	0.08%
	FLUT	B	0.08%
	RSG	A	0.08%
	BKR	B	0.08%
	CTVA	C	0.08%
	COR	A	0.08%
	VST	B	0.08%
	PCG	A	0.08%
	F	C	0.08%
	KMB	F	0.08%
	VLO	D	0.08%
	LNG	B	0.08%
	MSCI	B	0.08%
	DD	D	0.07%
	TEAM	B	0.07%
	APP	A	0.07%
	HPQ	B	0.07%
	XEL	A	0.07%
	MLM	B	0.07%
	SYY	B	0.07%
	MPWR	F	0.07%
	EXC	D	0.07%
	HES	C	0.07%
	MCHP	F	0.07%
	KR	A	0.07%
	DELL	C	0.07%
	GEHC	D	0.07%
	NUE	C	0.07%
	DAL	A	0.07%
	DDOG	C	0.07%
	OTIS	D	0.07%
	WEC	B	0.06%
	HUBS	A	0.06%
	ON	D	0.06%
	ETR	B	0.06%
	TSCO	D	0.06%
	FITB	A	0.06%
	ARES	B	0.06%
	CNC	F	0.06%
	DOW	F	0.06%
	ED	D	0.06%
	FANG	D	0.06%
	OXY	F	0.06%
	CCL	A	0.05%
	TPL	A	0.05%
	DECK	B	0.05%
	DVN	F	0.05%
	DTE	D	0.05%
	HUBB	B	0.05%
	ADM	F	0.05%
	TYL	B	0.05%
	AWK	D	0.05%
	LDOS	A	0.05%
	SW	C	0.05%
	HAL	D	0.05%
	FCNCA	B	0.05%
	TTWO	A	0.05%
	CVNA	B	0.05%
	RBLX	A	0.05%
	DOV	A	0.05%
	NET	C	0.05%
	CAH	B	0.05%
	UAL	A	0.05%
	KHC	F	0.05%
	CNP	B	0.04%
	NRG	B	0.04%
	INVH	D	0.04%
	LII	B	0.04%
	DRI	B	0.04%
	CMS	D	0.04%
	IP	B	0.04%
	MDB	C	0.04%
	BLDR	D	0.04%
	CSL	C	0.04%
	HOOD	B	0.04%
	EXPE	B	0.04%
	FE	D	0.04%
	PKG	B	0.04%
	ATO	A	0.04%
	K	A	0.04%
	STX	D	0.04%
	ES	F	0.04%
	CFG	B	0.04%
	IFF	F	0.04%
	LYB	F	0.04%
	WDC	D	0.04%
	WY	F	0.04%
	LPLA	A	0.04%
	AEE	A	0.04%
	EME	B	0.04%
	PTC	B	0.04%
	EQT	A	0.04%
	PPL	A	0.04%
	PFGC	B	0.03%
	CAG	F	0.03%
	VTRS	B	0.03%
	EVRG	A	0.03%
	SWK	F	0.03%
	SFM	B	0.03%
	APTV	F	0.03%
	NWSA	B	0.03%
	TWLO	B	0.03%
	NDSN	B	0.03%
	CW	B	0.03%
	RNR	D	0.03%
	LNT	C	0.03%
	AMCR	D	0.03%
	CF	B	0.03%
	SAIA	B	0.03%
	EWBC	A	0.03%
	GGG	B	0.03%
	RGA	A	0.03%
	L	B	0.03%
	CASY	A	0.03%
	THC	B	0.03%
	COHR	B	0.03%
	FIX	B	0.03%
	FLEX	B	0.03%
	DPZ	C	0.03%
	JBHT	B	0.03%
	TOL	B	0.03%
	JBL	B	0.03%
	GEN	A	0.03%
	FNF	C	0.03%
	SSNC	C	0.03%
	NI	A	0.03%
	GWRE	A	0.03%
	ENTG	D	0.03%
	NTRA	B	0.03%
	AKAM	F	0.03%
	USFD	A	0.03%
	MRO	B	0.03%
	OC	B	0.03%
	AVY	F	0.03%
	KIM	B	0.03%
	TXT	D	0.03%
	NTNX	B	0.03%
	RBA	B	0.03%
	WSM	F	0.03%
	PSTG	D	0.03%
	DT	C	0.03%
	EXPD	F	0.03%
	TSN	C	0.03%
	DG	F	0.03%
	GPC	D	0.03%
	MANH	C	0.03%
	RPM	B	0.03%
	BBY	D	0.03%
	ARE	F	0.03%
	UTHR	B	0.03%
	XPO	B	0.03%
	LVS	C	0.03%
	WSO	A	0.03%
	ZS	B	0.03%
	MAA	C	0.03%
	CTRA	C	0.03%
	BALL	D	0.03%
	PFG	C	0.03%
	J	B	0.03%
	DKNG	B	0.03%
	KEY	B	0.03%
	WBD	C	0.03%
	IBKR	A	0.03%
	LUV	B	0.03%
	CHRD	F	0.02%
	VOYA	A	0.02%
	OLED	F	0.02%
	CBSH	A	0.02%
	IVZ	C	0.02%
	CHE	D	0.02%
	FRT	C	0.02%
	HAS	D	0.02%
	AR	B	0.02%
	EGP	D	0.02%
	OGE	B	0.02%
	TPX	C	0.02%
	MGM	F	0.02%
	MOS	D	0.02%
	TTC	D	0.02%
	ORI	A	0.02%
	CZR	D	0.02%
	AXTA	B	0.02%
	ONTO	F	0.02%
	HRL	F	0.02%
	APG	B	0.02%
	LNW	C	0.02%
	ZION	B	0.02%
	GME	C	0.02%
	MEDP	D	0.02%
	PEN	B	0.02%
	CPB	F	0.02%
	CNM	D	0.02%
	AOS	F	0.02%
	ROKU	C	0.02%
	PR	B	0.02%
	CFR	B	0.02%
	AAL	B	0.02%
	PCTY	A	0.02%
	APA	F	0.02%
	DCI	A	0.02%
	REXR	F	0.02%
	KNX	B	0.02%
	WING	D	0.02%
	KBR	B	0.02%
	MORN	A	0.02%
	WCC	B	0.02%
	RGLD	C	0.02%
	MUSA	B	0.02%
	CMA	B	0.02%
	SNX	C	0.02%
	CIEN	B	0.02%
	TAP	B	0.02%
	AYI	A	0.02%
	LAD	B	0.02%
	GL	B	0.02%
	KNSL	C	0.02%
	CE	F	0.02%
	AES	F	0.02%
	WTRG	B	0.02%
	OHI	B	0.02%
	PNW	B	0.02%
	CNH	D	0.02%
	EHC	B	0.02%
	WBS	B	0.02%
	SOLV	C	0.02%
	ARMK	C	0.02%
	FBIN	F	0.02%
	WWD	B	0.02%
	CUBE	D	0.02%
	WAL	B	0.02%
	FHN	B	0.02%
	CHDN	C	0.02%
	FND	F	0.02%
	OVV	C	0.02%
	CCK	B	0.02%
	GNRC	B	0.02%
	BLD	F	0.02%
	CRL	C	0.02%
	DKS	D	0.02%
	AMH	D	0.02%
	TPR	B	0.02%
	ATR	A	0.02%
	LW	C	0.02%
	AA	C	0.02%
	LAMR	D	0.02%
	JEF	B	0.02%
	WMS	F	0.02%
	BJ	B	0.02%
	RRX	C	0.02%
	KMX	C	0.02%
	UNM	A	0.02%
	EMN	D	0.02%
	OWL	B	0.02%
	UHS	D	0.02%
	BG	D	0.02%
	FTI	B	0.02%
	SRPT	F	0.02%
	NCLH	A	0.02%
	OKTA	C	0.02%
	ITT	A	0.02%
	LECO	B	0.02%
	SJM	F	0.02%
	INSM	D	0.02%
	CHRW	B	0.02%
	JLL	C	0.02%
	CPT	D	0.02%
	TTEK	C	0.02%
	HST	C	0.02%
	CACI	B	0.02%
	SOFI	B	0.02%
	NVT	B	0.02%
	SCI	B	0.02%
	ELS	C	0.02%
	DAY	B	0.02%
	UDR	D	0.02%
	TOST	A	0.02%
	LBRDK	B	0.02%
	TXRH	B	0.02%
	CLH	B	0.02%
	GLPI	D	0.02%
	COTY	F	0.01%
	ADTN	B	0.01%
	PAG	C	0.01%
	WLK	F	0.01%
	CELH	F	0.01%
	POST	D	0.01%
	ROIV	D	0.01%
	PSN	A	0.01%
	ST	F	0.01%
	LEA	F	0.01%
	SIRI	C	0.01%
	AGCO	F	0.01%
	PATH	C	0.01%
	STWD	D	0.01%
	ETSY	C	0.01%
	U	D	0.01%
	ELAN	D	0.01%
	DAR	B	0.01%
	BRKR	F	0.01%
	ARW	F	0.01%
	G	B	0.01%
	NOV	D	0.01%
	COLD	F	0.01%
	WBA	D	0.01%
	MTN	D	0.01%
	CLF	D	0.01%
	BEN	C	0.01%
	DINO	D	0.01%
	ALV	C	0.01%
	DVA	C	0.01%
	QRVO	F	0.01%
	JAZZ	B	0.01%
	VFC	C	0.01%
	PARA	C	0.01%
	COKE	D	0.01%
	GNTX	C	0.01%
	AGNC	D	0.01%
	ESTC	C	0.01%
	CGNX	B	0.01%
	WSC	F	0.01%
	MASI	B	0.01%
	LSCC	C	0.01%
	RGEN	D	0.01%
	FMC	F	0.01%
	MIDD	C	0.01%
	WH	A	0.01%
	NNN	F	0.01%
	PCOR	B	0.01%
	ACI	C	0.01%
	BSY	D	0.01%
	BERY	C	0.01%
	MHK	D	0.01%
	WEX	D	0.01%
	HII	D	0.01%
	RHI	B	0.01%
	TREX	C	0.01%
	BWA	B	0.01%
	RRC	B	0.01%
	TKO	D	0.01%
	CRBG	C	0.01%
	UI	A	0.0%
	CNA	D	0.0%
	REYN	D	0.0%
	PPC	B	0.0%
	RCM	B	0.0%
	LCID	F	0.0%
	AGR	C	0.0%
	BOKF	B	0.0%

SCHX Underweight 34 Positions Relative to NZAC

	Symbol	Grade	Weight
	NVS	F	-0.41%
	BABA	D	-0.26%
	TD	D	-0.19%
	SONY	C	-0.16%
	HDB	C	-0.14%
	MELI	D	-0.13%
	LI	D	-0.12%
	INFY	D	-0.11%
	DEO	F	-0.1%
	SHOP	B	-0.09%
	MUFG	A	-0.08%
	PDD	F	-0.08%
	SCCO	D	-0.08%
	TCOM	C	-0.07%
	WIT	B	-0.07%
	HSBH	D	-0.07%
	BIDU	F	-0.04%
	BCS	B	-0.04%
	XPEV	C	-0.04%
	XRX	F	-0.03%
	AZN	F	-0.03%
	CCEP	D	-0.03%
	FOX	A	-0.03%
	TEVA	C	-0.02%
	NIO	F	-0.02%
	ASAI	F	-0.02%
	BCH	F	-0.02%
	MBAVU	C	-0.01%
	QGEN	F	-0.01%
	KB	C	-0.01%
	LYG	D	-0.01%
	QFIN	C	-0.01%
	WIT	B	-0.0%
	NIO	F	-0.0%

SCHX: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Utilities - Regulated Electric Banks - Regional - US Diagnostics & Research Asset Management Biotechnology Oil & Gas E&P Semiconductors Specialty Retail Software - Infrastructure Capital Markets Aerospace & Defense Insurance - Property & Casualty Packaged Foods REIT - Residential Specialty Chemicals Drug Manufacturers - Major Engineering & Construction

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

NZAC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diagnostics & Research Drug Manufacturers - Major Asset Management Diversified Industrials Semiconductors Biotechnology Capital Markets Information Technology Services Internet Content & Information Credit Services Insurance - Property & Casualty Medical Devices Medical Instruments & Supplies Specialty Retail Banks - Global Insurance - Diversified Insurance Brokers Specialty Chemicals

Keywords: S&P 500 Nasdaq 100 Computing Insurance Bank Dow Jones Component Medicine Banking Telecommunications Insurance Products Mobile Devices Investment Bank Electronics Financial Products Real Estate Investment Trust Work From Home Biotechnology Cloud Computing Chemical Semiconductor