SPYI vs. FNDX ETF Comparison

Comparison of NEOS S&P 500 High Income ETF (SPYI) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

SPYI

NEOS S&P 500 High Income ETF

SPYI Description

SHP ETF Trust - NEOS S&P 500 High Income ETF is an exchange traded fund launched by Faith Investor Services LLC. The fund is managed by Neos Investment Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. SHP ETF Trust - NEOS S&P 500 High Income ETF was formed on August 30, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

544,440

Number of Holdings ^*

498

* 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

$24.63

Average Daily Volume

1,125,321

Number of Holdings ^*

720

* may have additional holdings in another (foreign) market

Performance

Period	SPYI	FNDX
30 Days	2.46%	2.37%
60 Days	5.16%	6.02%
90 Days	8.32%	9.26%
12 Months	23.62%	33.27%

467 Overlapping Holdings

Symbol	Grade	Weight in SPYI	Weight in FNDX	Overlap
A	F	0.09%	0.06%	0.06%
AAPL	D	6.71%	4.32%	4.32%
ABBV	D	0.74%	0.58%	0.58%
ABT	B	0.47%	0.34%	0.34%
ACGL	D	0.08%	0.03%	0.03%
ACN	C	0.49%	0.35%	0.35%
ADBE	C	0.49%	0.18%	0.18%
ADI	D	0.26%	0.14%	0.14%
ADM	F	0.06%	0.2%	0.06%
ADP	A	0.24%	0.15%	0.15%
ADSK	B	0.12%	0.03%	0.03%
AEE	A	0.04%	0.07%	0.04%
AEP	D	0.12%	0.16%	0.12%
AES	F	0.02%	0.05%	0.02%
AFL	C	0.13%	0.2%	0.13%
AIG	C	0.12%	0.28%	0.12%
AIZ	A	0.01%	0.03%	0.01%
AJG	B	0.12%	0.05%	0.05%
AKAM	F	0.02%	0.04%	0.02%
ALB	C	0.02%	0.03%	0.02%
ALGN	D	0.01%	0.02%	0.01%
ALL	A	0.08%	0.26%	0.08%
ALLE	D	0.01%	0.01%	0.01%
AMAT	F	0.37%	0.25%	0.25%
AMCR	D	0.03%	0.03%	0.03%
AMD	F	0.53%	0.1%	0.1%
AME	A	0.08%	0.05%	0.05%
AMGN	F	0.38%	0.42%	0.38%
AMP	A	0.11%	0.14%	0.11%
AMT	F	0.22%	0.11%	0.11%
AMZN	B	3.84%	1.54%	1.54%
ANET	C	0.18%	0.04%	0.04%
ANSS	B	0.06%	0.02%	0.02%
AON	A	0.15%	0.13%	0.13%
AOS	F	0.0%	0.02%	0.0%
APA	F	0.01%	0.03%	0.01%
APD	B	0.13%	0.12%	0.12%
APH	B	0.19%	0.09%	0.09%
APTV	F	0.02%	0.02%	0.02%
ARE	F	0.03%	0.03%	0.03%
ATO	A	0.03%	0.04%	0.03%
AVB	B	0.05%	0.05%	0.05%
AVGO	B	1.59%	0.66%	0.66%
AVY	F	0.01%	0.04%	0.01%
AWK	D	0.03%	0.04%	0.03%
AXP	B	0.34%	0.36%	0.34%
AZO	C	0.03%	0.06%	0.03%
BA	F	0.18%	0.12%	0.12%
BAC	A	0.59%	1.26%	0.59%
BALL	D	0.04%	0.06%	0.04%
BAX	F	0.04%	0.07%	0.04%
BBY	D	0.02%	0.16%	0.02%
BDX	D	0.15%	0.11%	0.11%
BEN	C	0.01%	0.04%	0.01%
BG	D	0.02%	0.1%	0.02%
BIIB	F	0.04%	0.09%	0.04%
BK	B	0.14%	0.26%	0.14%
BKNG	A	0.11%	0.24%	0.11%
BKR	B	0.09%	0.16%	0.09%
BLDR	D	0.04%	0.06%	0.04%
BMY	B	0.27%	0.42%	0.27%
BR	A	0.05%	0.03%	0.03%
BRK.A	C	1.71%	2.13%	1.71%
BRO	A	0.05%	0.02%	0.02%
BSX	A	0.29%	0.09%	0.09%
BWA	B	0.01%	0.05%	0.01%
BX	B	0.27%	0.12%	0.12%
BXP	D	0.02%	0.05%	0.02%
C	B	0.29%	1.1%	0.29%
CAG	F	0.03%	0.06%	0.03%
CAH	B	0.05%	0.07%	0.05%
CARR	D	0.15%	0.12%	0.12%
CAT	B	0.45%	0.43%	0.43%
CB	D	0.23%	0.25%	0.23%
CBOE	D	0.04%	0.01%	0.01%
CBRE	B	0.08%	0.13%	0.08%
CCI	F	0.11%	0.09%	0.09%
CCL	A	0.05%	0.06%	0.05%
CDNS	B	0.18%	0.03%	0.03%
CDW	F	0.04%	0.05%	0.04%
CE	F	0.0%	0.04%	0.0%
CEG	D	0.15%	0.11%	0.11%
CF	B	0.02%	0.07%	0.02%
CFG	B	0.04%	0.1%	0.04%
CHD	B	0.05%	0.04%	0.04%
CHRW	B	0.0%	0.07%	0.0%
CHTR	B	0.08%	0.35%	0.08%
CI	D	0.2%	0.47%	0.2%
CINF	A	0.03%	0.07%	0.03%
CL	F	0.17%	0.12%	0.12%
CLX	B	0.04%	0.04%	0.04%
CMCSA	B	0.4%	0.84%	0.4%
CME	B	0.18%	0.08%	0.08%
CMG	B	0.07%	0.04%	0.04%
CMI	B	0.08%	0.18%	0.08%
CMS	D	0.04%	0.06%	0.04%
CNC	F	0.08%	0.2%	0.08%
CNP	B	0.04%	0.06%	0.04%
COF	B	0.14%	0.48%	0.14%
COP	C	0.3%	0.48%	0.3%
COR	A	0.06%	0.03%	0.03%
COST	B	0.81%	0.65%	0.65%
CPAY	A	0.01%	0.05%	0.01%
CPB	F	0.01%	0.03%	0.01%
CPRT	B	0.11%	0.03%	0.03%
CPT	C	0.01%	0.02%	0.01%
CRL	C	0.01%	0.01%	0.01%
CRM	B	0.65%	0.14%	0.14%
CSCO	A	0.54%	0.82%	0.54%
CSX	B	0.16%	0.21%	0.16%
CTAS	A	0.17%	0.08%	0.08%
CTLT	C	0.01%	0.02%	0.01%
CTRA	C	0.04%	0.03%	0.03%
CTSH	A	0.09%	0.19%	0.09%
CTVA	C	0.1%	0.09%	0.09%
CVS	F	0.16%	0.7%	0.16%
CVX	B	0.55%	1.21%	0.55%
CZR	D	0.02%	0.02%	0.02%
D	D	0.12%	0.17%	0.12%
DAL	A	0.08%	0.03%	0.03%
DD	D	0.08%	0.18%	0.08%
DE	D	0.24%	0.24%	0.24%
DECK	B	0.02%	0.03%	0.02%
DELL	C	0.08%	0.03%	0.03%
DFS	B	0.09%	0.26%	0.09%
DG	F	0.03%	0.08%	0.03%
DGX	A	0.01%	0.07%	0.01%
DHI	D	0.11%	0.16%	0.11%
DHR	F	0.36%	0.15%	0.15%
DIS	C	0.42%	0.41%	0.41%
DLR	B	0.11%	0.08%	0.08%
DLTR	F	0.03%	0.05%	0.03%
DOC	C	0.03%	0.04%	0.03%
DOV	A	0.04%	0.06%	0.04%
DOW	F	0.08%	0.2%	0.08%
DPZ	C	0.01%	0.03%	0.01%
DRI	B	0.04%	0.05%	0.04%
DTE	D	0.05%	0.07%	0.05%
DUK	D	0.2%	0.3%	0.2%
DVA	C	0.0%	0.05%	0.0%
DVN	F	0.06%	0.09%	0.06%
EA	A	0.07%	0.09%	0.07%
EBAY	D	0.07%	0.17%	0.07%
ECL	D	0.11%	0.08%	0.08%
ED	D	0.08%	0.12%	0.08%
EFX	D	0.06%	0.03%	0.03%
EG	D	0.01%	0.02%	0.01%
EIX	D	0.07%	0.09%	0.07%
EL	F	0.03%	0.03%	0.03%
ELV	F	0.18%	0.38%	0.18%
EMN	D	0.0%	0.08%	0.0%
EMR	A	0.14%	0.17%	0.14%
EOG	B	0.17%	0.22%	0.17%
EPAM	C	0.01%	0.02%	0.01%
EQIX	C	0.18%	0.08%	0.08%
EQR	D	0.06%	0.05%	0.05%
EQT	A	0.03%	0.04%	0.03%
ES	F	0.05%	0.08%	0.05%
ESS	C	0.01%	0.03%	0.01%
ETN	A	0.28%	0.23%	0.23%
ETR	B	0.06%	0.12%	0.06%
EVRG	A	0.03%	0.07%	0.03%
EW	F	0.09%	0.04%	0.04%
EXC	D	0.09%	0.17%	0.09%
EXPD	F	0.03%	0.04%	0.03%
EXPE	B	0.04%	0.03%	0.03%
EXR	D	0.07%	0.03%	0.03%
F	C	0.1%	0.33%	0.1%
FANG	D	0.04%	0.05%	0.04%
FAST	B	0.1%	0.08%	0.08%
FCX	F	0.16%	0.15%	0.15%
FDX	B	0.12%	0.3%	0.12%
FE	D	0.05%	0.09%	0.05%
FFIV	B	0.01%	0.03%	0.01%
FI	A	0.28%	0.13%	0.13%
FIS	C	0.12%	0.11%	0.11%
FITB	A	0.07%	0.12%	0.07%
FMC	F	0.0%	0.03%	0.0%
FOXA	A	0.02%	0.09%	0.02%
FSLR	F	0.05%	0.01%	0.01%
FTNT	A	0.11%	0.03%	0.03%
FTV	D	0.06%	0.03%	0.03%
GD	A	0.13%	0.22%	0.13%
GDDY	A	0.05%	0.03%	0.03%
GE	C	0.45%	0.15%	0.15%
GEHC	D	0.07%	0.1%	0.07%
GEN	A	0.03%	0.04%	0.03%
GEV	B	0.19%	0.05%	0.05%
GILD	B	0.27%	0.39%	0.27%
GIS	F	0.09%	0.11%	0.09%
GL	B	0.0%	0.03%	0.0%
GLW	B	0.08%	0.14%	0.08%
GM	B	0.17%	0.76%	0.17%
GNRC	B	0.01%	0.02%	0.01%
GOOG	B	1.76%	1.17%	1.17%
GOOGL	B	2.04%	1.36%	1.36%
GPC	D	0.03%	0.05%	0.03%
GPN	B	0.06%	0.08%	0.06%
GRMN	A	0.05%	0.03%	0.03%
GS	B	0.33%	0.61%	0.33%
GWW	B	0.03%	0.08%	0.03%
HAL	D	0.06%	0.06%	0.06%
HAS	D	0.02%	0.03%	0.02%
HBAN	A	0.05%	0.07%	0.05%
HCA	D	0.15%	0.21%	0.15%
HD	B	0.83%	0.78%	0.78%
HES	C	0.08%	0.05%	0.05%
HIG	C	0.07%	0.14%	0.07%
HII	D	0.0%	0.03%	0.0%
HLT	A	0.14%	0.06%	0.06%
HOLX	D	0.03%	0.04%	0.03%
HON	B	0.3%	0.35%	0.3%
HPE	B	0.06%	0.21%	0.06%
HPQ	B	0.07%	0.21%	0.07%
HRL	F	0.02%	0.03%	0.02%
HSIC	F	0.0%	0.04%	0.0%
HST	C	0.03%	0.04%	0.03%
HSY	D	0.04%	0.04%	0.04%
HUBB	B	0.02%	0.04%	0.02%
HUM	F	0.06%	0.19%	0.06%
HWM	B	0.08%	0.07%	0.07%
IBM	D	0.45%	0.55%	0.45%
ICE	D	0.19%	0.11%	0.11%
IDXX	D	0.02%	0.02%	0.02%
IEX	B	0.01%	0.03%	0.01%
IFF	F	0.04%	0.05%	0.04%
INTC	C	0.23%	0.93%	0.23%
INTU	A	0.38%	0.11%	0.11%
INVH	D	0.04%	0.03%	0.03%
IP	B	0.05%	0.17%	0.05%
IPG	F	0.02%	0.04%	0.02%
IQV	F	0.09%	0.07%	0.07%
IR	A	0.08%	0.03%	0.03%
IRM	C	0.08%	0.06%	0.06%
ISRG	A	0.41%	0.08%	0.08%
IT	A	0.02%	0.03%	0.02%
ITW	B	0.16%	0.15%	0.15%
IVZ	C	0.02%	0.05%	0.02%
J	B	0.03%	0.05%	0.03%
JBHT	B	0.01%	0.05%	0.01%
JBL	B	0.03%	0.07%	0.03%
JCI	B	0.12%	0.16%	0.12%
JKHY	C	0.01%	0.02%	0.01%
JNJ	F	0.81%	0.92%	0.81%
JNPR	C	0.02%	0.05%	0.02%
JPM	B	1.36%	1.98%	1.36%
K	A	0.04%	0.06%	0.04%
KDP	D	0.07%	0.07%	0.07%
KEY	B	0.04%	0.1%	0.04%
KEYS	B	0.04%	0.04%	0.04%
KHC	F	0.06%	0.1%	0.06%
KIM	B	0.03%	0.03%	0.03%
KKR	B	0.18%	0.12%	0.12%
KLAC	F	0.15%	0.08%	0.08%
KMB	F	0.08%	0.1%	0.08%
KMI	A	0.11%	0.22%	0.11%
KMX	C	0.02%	0.06%	0.02%
KO	F	0.52%	0.36%	0.36%
KR	A	0.08%	0.3%	0.08%
KVUE	A	0.09%	0.05%	0.05%
L	B	0.02%	0.05%	0.02%
LDOS	A	0.04%	0.09%	0.04%
LEN	D	0.08%	0.16%	0.08%
LH	B	0.01%	0.09%	0.01%
LHX	B	0.1%	0.16%	0.1%
LIN	D	0.47%	0.34%	0.34%
LKQ	D	0.02%	0.05%	0.02%
LLY	D	1.35%	0.2%	0.2%
LMT	D	0.23%	0.37%	0.23%
LNT	C	0.03%	0.04%	0.03%
LOW	B	0.33%	0.42%	0.33%
LRCX	F	0.17%	0.16%	0.16%
LULU	C	0.07%	0.01%	0.01%
LUV	B	0.04%	0.02%	0.02%
LVS	C	0.03%	0.04%	0.03%
LW	C	0.02%	0.02%	0.02%
LYB	F	0.04%	0.14%	0.04%
MA	A	0.89%	0.28%	0.28%
MAA	C	0.03%	0.03%	0.03%
MAR	A	0.12%	0.09%	0.09%
MAS	D	0.04%	0.05%	0.04%
MCD	D	0.48%	0.33%	0.33%
MCHP	F	0.09%	0.05%	0.05%
MCK	B	0.12%	0.11%	0.11%
MCO	C	0.11%	0.07%	0.07%
MDLZ	F	0.22%	0.2%	0.2%
MDT	D	0.28%	0.17%	0.17%
MET	C	0.11%	0.25%	0.11%
META	B	2.6%	1.82%	1.82%
MGM	F	0.02%	0.06%	0.02%
MHK	D	0.0%	0.06%	0.0%
MKC	D	0.03%	0.03%	0.03%
MLM	B	0.02%	0.05%	0.02%
MMC	C	0.23%	0.14%	0.14%
MMM	D	0.15%	0.35%	0.15%
MNST	B	0.09%	0.05%	0.05%
MO	A	0.22%	0.36%	0.22%
MOH	F	0.01%	0.05%	0.01%
MOS	D	0.02%	0.07%	0.02%
MPC	D	0.12%	0.39%	0.12%
MRK	F	0.6%	0.44%	0.44%
MRNA	F	0.03%	0.03%	0.03%
MRO	B	0.04%	0.08%	0.04%
MS	A	0.35%	0.45%	0.35%
MSCI	B	0.03%	0.03%	0.03%
MSFT	C	6.28%	2.41%	2.41%
MSI	B	0.11%	0.06%	0.06%
MTB	B	0.05%	0.1%	0.05%
MTD	F	0.02%	0.03%	0.02%
MU	C	0.27%	0.43%	0.27%
NDAQ	B	0.06%	0.03%	0.03%
NDSN	B	0.01%	0.02%	0.01%
NEE	D	0.37%	0.24%	0.24%
NEM	F	0.12%	0.14%	0.12%
NFLX	A	0.66%	0.16%	0.16%
NI	A	0.03%	0.04%	0.03%
NKE	F	0.22%	0.19%	0.19%
NOC	C	0.12%	0.2%	0.12%
NOW	A	0.41%	0.01%	0.01%
NRG	B	0.04%	0.11%	0.04%
NSC	B	0.11%	0.21%	0.11%
NTAP	C	0.05%	0.07%	0.05%
NTRS	A	0.04%	0.08%	0.04%
NUE	C	0.06%	0.21%	0.06%
NVDA	A	7.09%	0.41%	0.41%
NVR	D	0.02%	0.08%	0.02%
NWSA	B	0.02%	0.04%	0.02%
NXPI	F	0.13%	0.05%	0.05%
O	D	0.08%	0.04%	0.04%
ODFL	B	0.08%	0.06%	0.06%
OKE	A	0.14%	0.13%	0.13%
OMC	B	0.02%	0.08%	0.02%
ON	D	0.07%	0.04%	0.04%
ORCL	A	0.56%	0.5%	0.5%
ORLY	A	0.04%	0.1%	0.04%
OTIS	D	0.08%	0.05%	0.05%
OXY	F	0.07%	0.11%	0.07%
PANW	A	0.23%	0.03%	0.03%
PARA	C	0.01%	0.11%	0.01%
PAYX	B	0.09%	0.06%	0.06%
PCAR	B	0.13%	0.15%	0.13%
PCG	A	0.1%	0.03%	0.03%
PEG	D	0.1%	0.1%	0.1%
PEP	F	0.53%	0.41%	0.41%
PFE	F	0.37%	0.71%	0.37%
PFG	C	0.04%	0.09%	0.04%
PG	D	0.82%	0.75%	0.75%
PGR	B	0.34%	0.23%	0.23%
PH	B	0.15%	0.12%	0.12%
PHM	D	0.06%	0.11%	0.06%
PKG	B	0.01%	0.07%	0.01%
PLD	F	0.25%	0.07%	0.07%
PM	C	0.47%	0.46%	0.46%
PNC	A	0.16%	0.3%	0.16%
PNR	B	0.02%	0.04%	0.02%
PNW	B	0.0%	0.04%	0.0%
POOL	D	0.01%	0.02%	0.01%
PPG	F	0.05%	0.08%	0.05%
PPL	A	0.05%	0.11%	0.05%
PRU	B	0.1%	0.22%	0.1%
PSA	D	0.08%	0.05%	0.05%
PSX	D	0.12%	0.35%	0.12%
PWR	B	0.07%	0.07%	0.07%
PYPL	B	0.2%	0.21%	0.2%
QCOM	F	0.43%	0.45%	0.43%
QRVO	F	0.0%	0.03%	0.0%
REG	B	0.02%	0.02%	0.02%
REGN	F	0.18%	0.1%	0.1%
RF	A	0.05%	0.08%	0.05%
RJF	A	0.06%	0.05%	0.05%
RL	B	0.0%	0.03%	0.0%
RMD	B	0.06%	0.04%	0.04%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.11%	0.05%	0.05%
ROST	F	0.09%	0.07%	0.07%
RSG	A	0.08%	0.06%	0.06%
RTX	C	0.33%	0.34%	0.33%
RVTY	C	0.01%	0.03%	0.01%
SBAC	D	0.05%	0.02%	0.02%
SBUX	B	0.25%	0.27%	0.25%
SCHW	A	0.24%	0.11%	0.11%
SHW	B	0.16%	0.08%	0.08%
SJM	F	0.01%	0.06%	0.01%
SLB	D	0.14%	0.12%	0.12%
SNA	A	0.01%	0.05%	0.01%
SNPS	B	0.13%	0.03%	0.03%
SO	D	0.23%	0.26%	0.23%
SOLV	C	0.02%	0.03%	0.02%
SPG	B	0.11%	0.1%	0.1%
SPGI	D	0.31%	0.14%	0.14%
SRE	A	0.12%	0.13%	0.12%
STE	F	0.05%	0.03%	0.03%
STLD	B	0.03%	0.12%	0.03%
STT	B	0.06%	0.1%	0.06%
STX	D	0.02%	0.09%	0.02%
STZ	D	0.06%	0.07%	0.06%
SW	C	0.02%	0.09%	0.02%
SWK	F	0.02%	0.07%	0.02%
SWKS	F	0.02%	0.04%	0.02%
SYF	B	0.06%	0.33%	0.06%
SYK	A	0.29%	0.12%	0.12%
SYY	B	0.09%	0.1%	0.09%
T	C	0.37%	1.25%	0.37%
TAP	B	0.01%	0.05%	0.01%
TDG	B	0.05%	0.07%	0.05%
TDY	A	0.01%	0.03%	0.01%
TER	D	0.03%	0.04%	0.03%
TFC	A	0.13%	0.23%	0.13%
TFX	F	0.01%	0.02%	0.01%
TGT	C	0.15%	0.37%	0.15%
TJX	B	0.3%	0.22%	0.22%
TMO	F	0.46%	0.26%	0.26%
TMUS	A	0.27%	0.25%	0.25%
TPR	B	0.02%	0.05%	0.02%
TRGP	A	0.08%	0.07%	0.07%
TRMB	B	0.04%	0.03%	0.03%
TROW	B	0.05%	0.13%	0.05%
TRV	B	0.11%	0.3%	0.11%
TSCO	D	0.06%	0.06%	0.06%
TSLA	B	1.48%	0.26%	0.26%
TSN	C	0.04%	0.18%	0.04%
TT	A	0.17%	0.06%	0.06%
TTWO	A	0.04%	0.03%	0.03%
TXN	B	0.41%	0.36%	0.36%
TXT	D	0.03%	0.06%	0.03%
UBER	F	0.35%	0.04%	0.04%
UDR	D	0.03%	0.02%	0.02%
UHS	D	0.01%	0.08%	0.01%
ULTA	C	0.01%	0.03%	0.01%
UNH	B	1.11%	1.24%	1.11%
UNP	D	0.33%	0.36%	0.33%
UPS	D	0.22%	0.29%	0.22%
URI	B	0.04%	0.13%	0.04%
USB	B	0.17%	0.31%	0.17%
V	A	0.98%	0.36%	0.36%
VICI	D	0.08%	0.02%	0.02%
VLO	D	0.1%	0.37%	0.1%
VMC	B	0.06%	0.05%	0.05%
VRSK	A	0.07%	0.04%	0.04%
VRSN	C	0.01%	0.01%	0.01%
VRTX	B	0.3%	0.08%	0.08%
VST	B	0.09%	0.15%	0.09%
VTR	C	0.05%	0.08%	0.05%
VTRS	B	0.03%	0.1%	0.03%
VZ	D	0.41%	1.12%	0.41%
WAB	B	0.05%	0.06%	0.05%
WAT	B	0.01%	0.04%	0.01%
WBA	D	0.02%	0.18%	0.02%
WBD	C	0.04%	0.08%	0.04%
WDC	D	0.04%	0.13%	0.04%
WEC	B	0.06%	0.08%	0.06%
WELL	B	0.16%	0.1%	0.1%
WFC	B	0.45%	1.29%	0.45%
WM	A	0.17%	0.15%	0.15%
WMB	A	0.15%	0.17%	0.15%
WMT	A	0.74%	1.45%	0.74%
WRB	B	0.04%	0.03%	0.03%
WST	C	0.01%	0.02%	0.01%
WTW	A	0.06%	0.07%	0.06%
WY	F	0.05%	0.09%	0.05%
XEL	A	0.08%	0.12%	0.08%
XOM	B	1.13%	1.99%	1.13%
XYL	D	0.05%	0.03%	0.03%
YUM	B	0.08%	0.08%	0.08%
ZBH	C	0.05%	0.05%	0.05%
ZBRA	A	0.01%	0.04%	0.01%
ZTS	F	0.18%	0.07%	0.07%

SPYI Overweight 31 Positions Relative to FNDX

Symbol	Grade	Weight
PLTR	B	0.22%
ABNB	C	0.14%
CRWD	B	0.14%
RCL	A	0.09%
DXCM	C	0.06%
CSGP	D	0.06%
UAL	A	0.05%
PTC	B	0.04%
VLTO	D	0.04%
NCLH	A	0.03%
LYV	A	0.03%
FICO	A	0.03%
TYL	B	0.02%
DAY	B	0.02%
INCY	B	0.02%
TECH	C	0.02%
AXON	B	0.02%
ENPH	F	0.02%
ROL	B	0.02%
ERIE	F	0.02%
MTCH	F	0.02%
MPWR	F	0.02%
FRT	C	0.01%
MKTX	C	0.01%
PAYC	B	0.01%
FOX	A	0.01%
PODD	B	0.01%
FDS	A	0.01%
SMCI	F	0.01%
NWS	B	0.0%
WYNN	F	0.0%

SPYI Underweight 253 Positions Relative to FNDX

Symbol	Grade	Weight
LUMN	B	-0.68%
ALLY	C	-0.1%
RS	B	-0.09%
USFD	A	-0.08%
AVT	C	-0.08%
ARW	F	-0.08%
WKC	D	-0.08%
X	B	-0.08%
JLL	C	-0.08%
FLEX	B	-0.07%
CMA	B	-0.07%
R	B	-0.07%
VFC	C	-0.07%
LAD	B	-0.07%
THC	B	-0.07%
WHR	B	-0.07%
TOL	B	-0.06%
UNM	A	-0.06%
ZION	B	-0.06%
BFH	B	-0.06%
LNG	B	-0.06%
M	D	-0.06%
OMF	B	-0.06%
FNF	C	-0.06%
PFGC	B	-0.06%
EME	B	-0.06%
OC	B	-0.06%
KSS	F	-0.06%
AA	C	-0.06%
MAN	F	-0.05%
MKL	A	-0.05%
UGI	D	-0.05%
MRVL	B	-0.05%
OGN	F	-0.05%
ORI	A	-0.05%
ACM	B	-0.05%
INGR	B	-0.05%
CSL	C	-0.05%
JXN	B	-0.05%
KD	B	-0.05%
VNO	C	-0.05%
AN	D	-0.05%
GPI	B	-0.05%
ALSN	B	-0.05%
DINO	D	-0.05%
LEA	F	-0.05%
OVV	C	-0.05%
EQH	B	-0.05%
DXC	B	-0.05%
SFM	B	-0.05%
CASY	A	-0.05%
TDS	B	-0.05%
LNC	B	-0.05%
JEF	B	-0.05%
CACI	B	-0.04%
GAP	C	-0.04%
MLI	B	-0.04%
AMG	C	-0.04%
HUN	F	-0.04%
BCC	B	-0.04%
SSNC	C	-0.04%
HBI	B	-0.04%
CLF	D	-0.04%
SANM	B	-0.04%
OSK	B	-0.04%
ZIM	B	-0.04%
RPM	B	-0.04%
NXST	C	-0.04%
CNO	B	-0.04%
UFPI	B	-0.04%
FBIN	F	-0.04%
FYBR	D	-0.04%
BAH	C	-0.04%
SLM	B	-0.04%
RGA	A	-0.04%
TMHC	C	-0.04%
FAF	D	-0.04%
DKS	D	-0.04%
CCK	B	-0.04%
MUSA	B	-0.04%
CRBG	C	-0.04%
RHI	B	-0.04%
LPLA	A	-0.04%
DOX	A	-0.04%
GT	C	-0.04%
AYI	A	-0.04%
BERY	C	-0.04%
PVH	C	-0.04%
WCC	B	-0.04%
THO	B	-0.04%
AFG	B	-0.04%
WSM	F	-0.04%
KNX	B	-0.04%
EVR	B	-0.04%
SEE	C	-0.03%
SON	F	-0.03%
AAP	D	-0.03%
G	B	-0.03%
LSTR	B	-0.03%
EXP	B	-0.03%
TGNA	B	-0.03%
BURL	C	-0.03%
ACI	C	-0.03%
SCI	B	-0.03%
CAR	C	-0.03%
ITT	A	-0.03%
GNTX	C	-0.03%
TPH	D	-0.03%
APO	B	-0.03%
BBWI	C	-0.03%
KBH	D	-0.03%
LII	B	-0.03%
ABG	B	-0.03%
SEIC	A	-0.03%
CW	B	-0.03%
SNV	B	-0.03%
TRU	D	-0.03%
SAIC	B	-0.03%
BC	D	-0.03%
BTU	C	-0.03%
VOYA	A	-0.03%
ILMN	C	-0.03%
ARMK	C	-0.03%
SNX	C	-0.03%
JHG	B	-0.03%
OGE	B	-0.03%
GPK	D	-0.03%
EWBC	A	-0.03%
GNW	A	-0.03%
AGCO	F	-0.03%
RRX	C	-0.03%
FHN	B	-0.03%
FL	D	-0.03%
FLR	C	-0.03%
MTH	D	-0.03%
CIEN	B	-0.03%
WU	F	-0.03%
PBF	F	-0.03%
WSO	A	-0.03%
CG	B	-0.03%
CMC	B	-0.03%
OLN	D	-0.03%
LPX	A	-0.03%
NWL	B	-0.03%
MTZ	B	-0.03%
ALK	A	-0.02%
ADNT	F	-0.02%
CPRI	F	-0.02%
WLK	F	-0.02%
ALV	C	-0.02%
MATX	B	-0.02%
FLO	F	-0.02%
ODP	F	-0.02%
BPOP	C	-0.02%
CHKP	D	-0.02%
LEG	F	-0.02%
COHR	B	-0.02%
MPW	F	-0.02%
ARCH	B	-0.02%
TKR	F	-0.02%
MIDD	C	-0.02%
AER	C	-0.02%
POR	D	-0.02%
MKSI	D	-0.02%
OI	D	-0.02%
NFG	C	-0.02%
WPC	F	-0.02%
VAC	B	-0.02%
WERN	B	-0.02%
GLPI	D	-0.02%
POST	D	-0.02%
SM	C	-0.02%
AL	B	-0.02%
TTC	D	-0.02%
CCEP	D	-0.02%
XRX	F	-0.02%
NAVI	C	-0.02%
UHAL	C	-0.02%
HUBG	B	-0.02%
TPX	C	-0.02%
ASO	F	-0.02%
NSIT	F	-0.02%
MUR	F	-0.02%
STWD	D	-0.02%
PAG	C	-0.02%
ST	F	-0.02%
PENN	B	-0.02%
GGG	B	-0.02%
REZI	A	-0.02%
LECO	B	-0.02%
KBR	B	-0.02%
ASGN	B	-0.02%
PII	F	-0.02%
GXO	B	-0.02%
DCI	A	-0.02%
HOG	F	-0.02%
NOV	D	-0.02%
FCNCA	B	-0.02%
SLG	C	-0.02%
BECN	B	-0.02%
SUI	F	-0.02%
BRX	B	-0.02%
PK	B	-0.02%
SKX	F	-0.02%
NVT	B	-0.02%
MTG	D	-0.02%
DAR	B	-0.02%
CC	D	-0.02%
BAP	B	-0.02%
AVTR	F	-0.02%
ATR	A	-0.02%
AXTA	B	-0.02%
ABM	B	-0.02%
SQ	A	-0.02%
LAMR	D	-0.02%
THG	A	-0.02%
AR	B	-0.02%
CNH	D	-0.02%
BJ	B	-0.02%
EHC	B	-0.02%
PRI	A	-0.02%
RUSHA	B	-0.02%
VSH	F	-0.01%
ANDE	D	-0.01%
DBX	B	-0.01%
CNXC	F	-0.01%
WTRG	B	-0.01%
ICLR	F	-0.01%
CHE	D	-0.01%
MSM	B	-0.01%
LILAK	F	-0.01%
JAZZ	B	-0.01%
AEO	F	-0.01%
SPTN	F	-0.01%
MMS	C	-0.01%
BLD	F	-0.01%
CYH	D	-0.01%
HTZ	D	-0.01%
TNL	A	-0.01%
PRGO	C	-0.01%
AAL	B	-0.01%
DK	D	-0.01%
FTI	B	-0.01%
JWN	B	-0.01%
QRTEA	F	-0.01%
XRAY	F	-0.01%
HRB	D	-0.01%
UNFI	B	-0.01%
CRI	F	-0.01%
CNX	B	-0.01%
DAN	F	-0.01%
MDU	F	-0.01%
MTN	D	-0.01%