STRV vs. FNDX ETF Comparison

Comparison of Strive 500 ETF (STRV) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

STRV

Strive 500 ETF

STRV Description

Under normal circumstances, substantially all of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The Sub-Adviser expects that, over time, the correlation between the fund"s performance and that of the index, before fees and expenses, will be 95% or higher.

Grade (RS Rating)

Last Trade

$38.28

Average Daily Volume

69,833

Number of Holdings ^*

490

* 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

$24.64

Average Daily Volume

1,178,356

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

Performance

Period	STRV	FNDX
30 Days	2.08%	2.37%
60 Days	4.84%	4.07%
90 Days	6.33%	5.72%
12 Months	32.65%	28.68%

426 Overlapping Holdings

	Symbol	Grade	Weight in STRV	Weight in FNDX	Overlap
	A	D	0.08%	0.05%	0.05%
	AAPL	C	6.56%	4.35%	4.35%
	ABBV	F	0.6%	0.49%	0.49%
	ABT	B	0.39%	0.34%	0.34%
	ACGL	C	0.07%	0.03%	0.03%
	ACN	B	0.45%	0.36%	0.36%
	ADBE	C	0.47%	0.2%	0.2%
	ADI	D	0.21%	0.13%	0.13%
	ADM	D	0.05%	0.21%	0.05%
	ADP	A	0.25%	0.15%	0.15%
	ADSK	A	0.14%	0.03%	0.03%
	AEE	A	0.04%	0.07%	0.04%
	AEP	C	0.11%	0.16%	0.11%
	AES	F	0.02%	0.05%	0.02%
	AFL	B	0.12%	0.21%	0.12%
	AIG	B	0.1%	0.28%	0.1%
	AJG	A	0.12%	0.05%	0.05%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.02%	0.02%	0.02%
	ALL	A	0.1%	0.27%	0.1%
	AMAT	F	0.29%	0.24%	0.24%
	AMCR	C	0.03%	0.03%	0.03%
	AMD	F	0.44%	0.09%	0.09%
	AME	A	0.1%	0.05%	0.05%
	AMGN	F	0.32%	0.39%	0.32%
	AMP	A	0.12%	0.15%	0.12%
	AMT	C	0.19%	0.11%	0.11%
	AMZN	C	3.91%	1.56%	1.56%
	ANET	C	0.19%	0.04%	0.04%
	ANSS	B	0.06%	0.02%	0.02%
	AON	A	0.17%	0.13%	0.13%
	APD	A	0.13%	0.13%	0.13%
	APH	A	0.17%	0.09%	0.09%
	APO	B	0.14%	0.03%	0.03%
	APTV	F	0.03%	0.02%	0.02%
	ARE	F	0.03%	0.03%	0.03%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.05%	0.05%
	AVGO	D	1.56%	0.61%	0.61%
	AVTR	F	0.03%	0.02%	0.02%
	AWK	C	0.05%	0.04%	0.04%
	AXP	A	0.29%	0.36%	0.29%
	AZO	C	0.11%	0.06%	0.06%
	BA	F	0.17%	0.11%	0.11%
	BAC	A	0.62%	1.3%	0.62%
	BAH	F	0.05%	0.03%	0.03%
	BALL	F	0.04%	0.06%	0.04%
	BAX	F	0.03%	0.07%	0.03%
	BBY	D	0.03%	0.16%	0.03%
	BDX	F	0.13%	0.11%	0.11%
	BIIB	F	0.05%	0.09%	0.05%
	BK	A	0.11%	0.26%	0.11%
	BKNG	A	0.32%	0.24%	0.24%
	BKR	A	0.08%	0.16%	0.08%
	BLDR	D	0.05%	0.06%	0.05%
	BLK	B	0.28%	0.28%	0.28%
	BMY	B	0.23%	0.45%	0.23%
	BR	A	0.06%	0.03%	0.03%
	BRK.A	B	1.19%	2.17%	1.19%
	BRO	B	0.05%	0.02%	0.02%
	BSX	A	0.25%	0.09%	0.09%
	BX	A	0.25%	0.13%	0.13%
	C	A	0.25%	1.1%	0.25%
	CAG	F	0.02%	0.06%	0.02%
	CAH	B	0.05%	0.07%	0.05%
	CARR	C	0.12%	0.12%	0.12%
	CAT	B	0.37%	0.41%	0.37%
	CB	C	0.22%	0.26%	0.22%
	CBOE	C	0.04%	0.01%	0.01%
	CBRE	B	0.08%	0.13%	0.08%
	CCI	C	0.09%	0.09%	0.09%
	CCL	A	0.05%	0.06%	0.05%
	CDNS	B	0.16%	0.03%	0.03%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.02%	0.03%	0.02%
	CEG	C	0.14%	0.1%	0.1%
	CF	A	0.03%	0.07%	0.03%
	CFG	B	0.04%	0.1%	0.04%
	CHD	A	0.05%	0.04%	0.04%
	CHTR	C	0.07%	0.35%	0.07%
	CI	D	0.19%	0.48%	0.19%
	CINF	A	0.04%	0.07%	0.04%
	CL	D	0.15%	0.13%	0.13%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	B	0.34%	0.83%	0.34%
	CME	B	0.15%	0.08%	0.08%
	CMG	B	0.16%	0.04%	0.04%
	CMI	A	0.1%	0.19%	0.1%
	CMS	C	0.04%	0.06%	0.04%
	CNC	D	0.06%	0.19%	0.06%
	CNP	A	0.04%	0.06%	0.04%
	COF	C	0.13%	0.48%	0.13%
	COP	C	0.25%	0.48%	0.25%
	COR	B	0.08%	0.02%	0.02%
	COST	A	0.82%	0.66%	0.66%
	CPAY	A	0.05%	0.06%	0.05%
	CPB	D	0.02%	0.03%	0.02%
	CPRT	B	0.1%	0.03%	0.03%
	CRBG	B	0.01%	0.04%	0.01%
	CRM	B	0.63%	0.15%	0.15%
	CSCO	B	0.43%	0.82%	0.43%
	CSX	C	0.14%	0.22%	0.14%
	CTAS	B	0.15%	0.08%	0.08%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.19%	0.08%
	CTVA	C	0.08%	0.09%	0.08%
	CVS	D	0.13%	0.68%	0.13%
	CVX	A	0.54%	1.25%	0.54%
	D	C	0.09%	0.17%	0.09%
	DAL	B	0.02%	0.03%	0.02%
	DD	C	0.06%	0.17%	0.06%
	DE	B	0.19%	0.23%	0.19%
	DECK	A	0.06%	0.03%	0.03%
	DELL	B	0.08%	0.03%	0.03%
	DFS	B	0.08%	0.26%	0.08%
	DG	F	0.03%	0.08%	0.03%
	DGX	A	0.03%	0.07%	0.03%
	DHI	F	0.09%	0.16%	0.09%
	DHR	F	0.32%	0.15%	0.15%
	DIS	B	0.36%	0.45%	0.36%
	DLR	B	0.12%	0.08%	0.08%
	DLTR	F	0.02%	0.05%	0.02%
	DOV	A	0.06%	0.06%	0.06%
	DOW	F	0.06%	0.18%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.05%	0.05%	0.05%
	DTE	C	0.04%	0.07%	0.04%
	DUK	C	0.16%	0.3%	0.16%
	DVN	F	0.05%	0.09%	0.05%
	EA	A	0.09%	0.09%	0.09%
	EBAY	D	0.06%	0.17%	0.06%
	ECL	D	0.12%	0.08%	0.08%
	ED	C	0.06%	0.12%	0.06%
	EFX	F	0.06%	0.03%	0.03%
	EIX	B	0.06%	0.1%	0.06%
	EL	F	0.02%	0.03%	0.02%
	ELV	F	0.18%	0.36%	0.18%
	EMR	B	0.14%	0.17%	0.14%
	EOG	A	0.15%	0.23%	0.15%
	EPAM	B	0.02%	0.02%	0.02%
	EQIX	A	0.16%	0.08%	0.08%
	EQR	C	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.04%	0.04%
	ES	C	0.04%	0.08%	0.04%
	ESS	B	0.04%	0.03%	0.03%
	ETN	A	0.29%	0.23%	0.23%
	ETR	B	0.06%	0.12%	0.06%
	EVRG	A	0.03%	0.07%	0.03%
	EW	C	0.08%	0.04%	0.04%
	EXC	C	0.07%	0.17%	0.07%
	EXPD	C	0.03%	0.04%	0.03%
	EXPE	B	0.05%	0.04%	0.04%
	EXR	C	0.06%	0.03%	0.03%
	F	C	0.09%	0.33%	0.09%
	FANG	C	0.06%	0.05%	0.05%
	FAST	B	0.09%	0.07%	0.07%
	FCNCA	A	0.05%	0.02%	0.02%
	FCX	F	0.12%	0.14%	0.12%
	FDX	B	0.12%	0.32%	0.12%
	FE	C	0.04%	0.09%	0.04%
	FI	A	0.24%	0.13%	0.13%
	FIS	C	0.1%	0.12%	0.1%
	FITB	B	0.06%	0.13%	0.06%
	FOXA	A	0.02%	0.1%	0.02%
	FSLR	F	0.04%	0.01%	0.01%
	FTNT	C	0.12%	0.03%	0.03%
	FTV	C	0.05%	0.03%	0.03%
	GD	D	0.15%	0.21%	0.15%
	GDDY	A	0.05%	0.03%	0.03%
	GE	D	0.39%	0.15%	0.15%
	GEHC	D	0.08%	0.09%	0.08%
	GEV	B	0.18%	0.04%	0.04%
	GILD	C	0.22%	0.37%	0.22%
	GIS	D	0.07%	0.11%	0.07%
	GLW	B	0.07%	0.14%	0.07%
	GM	C	0.13%	0.79%	0.13%
	GOOG	C	1.71%	1.14%	1.14%
	GOOGL	C	2.05%	1.33%	1.33%
	GPC	D	0.03%	0.05%	0.03%
	GPN	B	0.05%	0.09%	0.05%
	GRMN	B	0.06%	0.03%	0.03%
	GS	A	0.38%	0.62%	0.38%
	GWW	B	0.09%	0.08%	0.08%
	HAL	C	0.05%	0.06%	0.05%
	HBAN	A	0.05%	0.08%	0.05%
	HCA	F	0.13%	0.2%	0.13%
	HD	B	0.8%	0.8%	0.8%
	HES	B	0.08%	0.06%	0.06%
	HIG	B	0.07%	0.14%	0.07%
	HLT	A	0.13%	0.06%	0.06%
	HOLX	D	0.03%	0.04%	0.03%
	HON	C	0.29%	0.37%	0.29%
	HPE	B	0.05%	0.21%	0.05%
	HPQ	B	0.07%	0.21%	0.07%
	HRL	D	0.02%	0.03%	0.02%
	HSY	F	0.05%	0.04%	0.04%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	C	0.08%	0.19%	0.08%
	HWM	A	0.09%	0.07%	0.07%
	IBM	C	0.39%	0.54%	0.39%
	ICE	C	0.17%	0.11%	0.11%
	ICLR	D	0.03%	0.01%	0.01%
	IDXX	F	0.07%	0.02%	0.02%
	IEX	C	0.03%	0.03%	0.03%
	IFF	D	0.04%	0.05%	0.04%
	ILMN	C	0.04%	0.03%	0.03%
	INTC	C	0.21%	0.89%	0.21%
	INTU	B	0.38%	0.11%	0.11%
	INVH	D	0.04%	0.03%	0.03%
	IQV	F	0.07%	0.07%	0.07%
	IR	B	0.08%	0.03%	0.03%
	IRM	C	0.06%	0.06%	0.06%
	ISRG	A	0.36%	0.09%	0.09%
	IT	C	0.08%	0.03%	0.03%
	ITW	B	0.15%	0.15%	0.15%
	J	D	0.03%	0.05%	0.03%
	JBHT	C	0.02%	0.05%	0.02%
	JCI	B	0.11%	0.16%	0.11%
	JNJ	C	0.73%	0.89%	0.73%
	JPM	A	1.35%	2.03%	1.35%
	K	A	0.04%	0.07%	0.04%
	KDP	F	0.07%	0.07%	0.07%
	KEYS	A	0.05%	0.04%	0.04%
	KHC	F	0.05%	0.09%	0.05%
	KKR	A	0.2%	0.12%	0.12%
	KLAC	F	0.17%	0.08%	0.08%
	KMB	C	0.08%	0.1%	0.08%
	KMI	A	0.1%	0.23%	0.1%
	KO	D	0.48%	0.35%	0.35%
	KR	B	0.08%	0.3%	0.08%
	KVUE	A	0.08%	0.05%	0.05%
	L	A	0.03%	0.05%	0.03%
	LDOS	C	0.05%	0.07%	0.05%
	LEN	D	0.0%	0.16%	0.0%
	LEN	D	0.08%	0.16%	0.08%
	LH	B	0.05%	0.09%	0.05%
	LHX	C	0.09%	0.16%	0.09%
	LII	A	0.04%	0.03%	0.03%
	LIN	C	0.43%	0.33%	0.33%
	LLY	F	1.36%	0.2%	0.2%
	LMT	D	0.26%	0.37%	0.26%
	LNG	A	0.09%	0.06%	0.06%
	LNT	A	0.03%	0.04%	0.03%
	LOW	C	0.3%	0.43%	0.3%
	LPLA	A	0.04%	0.04%	0.04%
	LRCX	F	0.19%	0.15%	0.15%
	LULU	C	0.08%	0.01%	0.01%
	LUV	C	0.01%	0.02%	0.01%
	LVS	B	0.03%	0.04%	0.03%
	LYB	F	0.04%	0.14%	0.04%
	MA	B	0.84%	0.29%	0.29%
	MAA	B	0.05%	0.03%	0.03%
	MAR	A	0.13%	0.09%	0.09%
	MAS	D	0.03%	0.05%	0.03%
	MCD	D	0.42%	0.34%	0.34%
	MCHP	F	0.07%	0.05%	0.05%
	MCK	A	0.15%	0.11%	0.11%
	MCO	B	0.14%	0.07%	0.07%
	MDLZ	F	0.17%	0.2%	0.17%
	MDT	D	0.23%	0.16%	0.16%
	MET	A	0.1%	0.26%	0.1%
	META	D	2.5%	1.79%	1.79%
	MGM	D	0.02%	0.06%	0.02%
	MKC	C	0.03%	0.03%	0.03%
	MKL	A	0.05%	0.05%	0.05%
	MLM	C	0.07%	0.04%	0.04%
	MMC	B	0.22%	0.14%	0.14%
	MMM	D	0.14%	0.35%	0.14%
	MNST	C	0.08%	0.05%	0.05%
	MO	A	0.19%	0.37%	0.19%
	MOH	F	0.03%	0.05%	0.03%
	MPC	D	0.11%	0.4%	0.11%
	MRK	D	0.49%	0.42%	0.42%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.03%	0.09%	0.03%
	MRVL	B	0.15%	0.04%	0.04%
	MS	A	0.32%	0.46%	0.32%
	MSCI	C	0.09%	0.03%	0.03%
	MSFT	D	6.23%	2.43%	2.43%
	MSI	B	0.17%	0.07%	0.07%
	MTB	A	0.07%	0.11%	0.07%
	MTD	F	0.05%	0.03%	0.03%
	MU	D	0.21%	0.38%	0.21%
	NDAQ	A	0.07%	0.03%	0.03%
	NEE	C	0.31%	0.24%	0.24%
	NEM	D	0.09%	0.13%	0.09%
	NFLX	A	0.7%	0.17%	0.17%
	NKE	F	0.18%	0.19%	0.18%
	NOC	D	0.14%	0.2%	0.14%
	NOW	A	0.42%	0.01%	0.01%
	NSC	B	0.12%	0.21%	0.12%
	NTAP	C	0.04%	0.07%	0.04%
	NTRS	A	0.04%	0.08%	0.04%
	NUE	C	0.08%	0.19%	0.08%
	NVDA	B	6.82%	0.4%	0.4%
	NVR	D	0.06%	0.08%	0.06%
	NXPI	D	0.12%	0.05%	0.05%
	O	C	0.1%	0.04%	0.04%
	ODFL	C	0.1%	0.06%	0.06%
	OKE	A	0.12%	0.14%	0.12%
	OMC	C	0.04%	0.08%	0.04%
	ON	D	0.06%	0.04%	0.04%
	ORCL	A	0.59%	0.5%	0.5%
	ORLY	B	0.15%	0.11%	0.11%
	OTIS	C	0.08%	0.05%	0.05%
	OXY	D	0.06%	0.11%	0.06%
	PANW	B	0.26%	0.03%	0.03%
	PAYX	B	0.09%	0.06%	0.06%
	PCAR	B	0.11%	0.15%	0.11%
	PCG	A	0.09%	0.03%	0.03%
	PEG	A	0.08%	0.11%	0.08%
	PEP	F	0.44%	0.41%	0.41%
	PFE	F	0.3%	0.68%	0.3%
	PFG	D	0.04%	0.09%	0.04%
	PG	C	0.77%	0.77%	0.77%
	PGR	A	0.3%	0.23%	0.23%
	PH	A	0.19%	0.13%	0.13%
	PHM	D	0.05%	0.11%	0.05%
	PLD	F	0.21%	0.07%	0.07%
	PM	B	0.39%	0.48%	0.39%
	PNC	B	0.17%	0.3%	0.17%
	PPG	F	0.05%	0.08%	0.05%
	PPL	A	0.05%	0.11%	0.05%
	PRU	A	0.08%	0.22%	0.08%
	PSA	C	0.1%	0.05%	0.05%
	PSX	C	0.11%	0.36%	0.11%
	PWR	A	0.09%	0.07%	0.07%
	PYPL	B	0.18%	0.22%	0.18%
	QCOM	F	0.35%	0.43%	0.35%
	REGN	F	0.17%	0.1%	0.1%
	RF	A	0.05%	0.09%	0.05%
	RJF	A	0.06%	0.05%	0.05%
	RMD	C	0.07%	0.03%	0.03%
	ROK	C	0.07%	0.06%	0.06%
	ROP	B	0.12%	0.05%	0.05%
	ROST	D	0.09%	0.07%	0.07%
	RSG	A	0.09%	0.06%	0.06%
	RTX	D	0.32%	0.34%	0.32%
	RVTY	F	0.04%	0.03%	0.03%
	SBAC	D	0.05%	0.02%	0.02%
	SBUX	A	0.22%	0.28%	0.22%
	SCHW	B	0.22%	0.13%	0.13%
	SHW	B	0.18%	0.08%	0.08%
	SJM	D	0.02%	0.05%	0.02%
	SLB	C	0.12%	0.12%	0.12%
	SNPS	B	0.16%	0.03%	0.03%
	SO	C	0.19%	0.26%	0.19%
	SPG	A	0.11%	0.1%	0.1%
	SPGI	C	0.32%	0.15%	0.15%
	SQ	A	0.09%	0.03%	0.03%
	SRE	A	0.11%	0.13%	0.11%
	SSNC	B	0.03%	0.04%	0.03%
	STE	D	0.04%	0.03%	0.03%
	STLD	B	0.04%	0.11%	0.04%
	STT	B	0.05%	0.1%	0.05%
	STX	C	0.04%	0.09%	0.04%
	STZ	D	0.07%	0.07%	0.07%
	SUI	C	0.02%	0.02%	0.02%
	SW	A	0.05%	0.09%	0.05%
	SWK	D	0.03%	0.07%	0.03%
	SWKS	F	0.03%	0.04%	0.03%
	SYF	B	0.05%	0.34%	0.05%
	SYK	B	0.26%	0.13%	0.13%
	SYY	D	0.07%	0.1%	0.07%
	T	A	0.31%	1.27%	0.31%
	TDG	D	0.14%	0.06%	0.06%
	TDY	B	0.05%	0.03%	0.03%
	TER	F	0.03%	0.04%	0.03%
	TFC	A	0.12%	0.23%	0.12%
	TGT	F	0.14%	0.38%	0.14%
	TJX	A	0.27%	0.22%	0.22%
	TMO	F	0.41%	0.25%	0.25%
	TMUS	B	0.23%	0.25%	0.23%
	TRGP	A	0.09%	0.07%	0.07%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.13%	0.05%
	TRU	D	0.04%	0.03%	0.03%
	TRV	B	0.12%	0.31%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.82%	0.28%	0.28%
	TSN	B	0.03%	0.2%	0.03%
	TT	A	0.18%	0.06%	0.06%
	TTWO	A	0.06%	0.03%	0.03%
	TXN	C	0.37%	0.34%	0.34%
	UBER	F	0.29%	0.04%	0.04%
	UDR	B	0.03%	0.02%	0.02%
	ULTA	F	0.04%	0.03%	0.03%
	UNH	B	1.1%	1.22%	1.1%
	UNP	C	0.28%	0.35%	0.28%
	UPS	C	0.19%	0.28%	0.19%
	URI	C	0.12%	0.13%	0.12%
	USB	A	0.15%	0.32%	0.15%
	V	A	1.01%	0.36%	0.36%
	VICI	C	0.06%	0.02%	0.02%
	VLO	C	0.09%	0.39%	0.09%
	VMC	B	0.08%	0.05%	0.05%
	VRSK	A	0.08%	0.04%	0.04%
	VRSN	C	0.03%	0.01%	0.01%
	VRTX	D	0.24%	0.07%	0.07%
	VST	A	0.1%	0.16%	0.1%
	VTR	B	0.05%	0.08%	0.05%
	VZ	C	0.31%	1.13%	0.31%
	WAB	B	0.07%	0.06%	0.06%
	WAT	C	0.04%	0.04%	0.04%
	WBD	B	0.04%	0.08%	0.04%
	WDC	D	0.04%	0.12%	0.04%
	WEC	A	0.06%	0.08%	0.06%
	WELL	A	0.16%	0.1%	0.1%
	WFC	A	0.5%	1.35%	0.5%
	WLK	D	0.01%	0.02%	0.01%
	WM	B	0.18%	0.15%	0.15%
	WMB	A	0.13%	0.17%	0.13%
	WMT	A	0.74%	1.47%	0.74%
	WPC	C	0.02%	0.02%	0.02%
	WRB	A	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.03%	0.03%
	WST	C	0.05%	0.02%	0.02%
	WTW	B	0.06%	0.07%	0.06%
	WY	F	0.04%	0.09%	0.04%
	XEL	A	0.07%	0.12%	0.07%
	XOM	B	1.07%	1.99%	1.07%
	XYL	D	0.07%	0.03%	0.03%
	YUM	D	0.07%	0.08%	0.07%
	ZBH	C	0.04%	0.05%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.15%	0.07%	0.07%

STRV Overweight 64 Positions Relative to FNDX

	Symbol	Grade	Weight
	PLTR	B	0.24%
	CRWD	B	0.15%
	WDAY	B	0.12%
	DASH	B	0.12%
	APP	B	0.11%
	TTD	B	0.11%
	SPOT	B	0.11%
	RCL	A	0.11%
	COIN	C	0.1%
	MSTR	B	0.1%
	FICO	B	0.1%
	AXON	A	0.09%
	ABNB	C	0.09%
	VRT	B	0.08%
	DXCM	C	0.07%
	HUBS	A	0.07%
	DDOG	A	0.07%
	SNOW	B	0.07%
	ALNY	D	0.07%
	TEAM	A	0.07%
	TYL	B	0.06%
	MPWR	F	0.06%
	CSGP	D	0.06%
	MDB	B	0.05%
	RBLX	C	0.05%
	NET	B	0.05%
	PTC	B	0.05%
	CVNA	B	0.05%
	STLA	F	0.05%
	ARES	A	0.05%
	ZM	C	0.04%
	LYV	A	0.04%
	TW	A	0.04%
	FDS	B	0.04%
	HEI	A	0.04%
	VLTO	C	0.04%
	GRAB	A	0.03%
	INCY	C	0.03%
	IBKR	A	0.03%
	ROL	B	0.03%
	PODD	C	0.03%
	ZS	B	0.03%
	ENTG	D	0.03%
	PINS	F	0.03%
	DKNG	B	0.03%
	ERIE	D	0.02%
	ENPH	F	0.02%
	HEI	A	0.02%
	RIVN	F	0.02%
	RPRX	D	0.02%
	BSY	F	0.02%
	OWL	A	0.02%
	IOT	A	0.02%
	SNAP	D	0.02%
	SMCI	F	0.02%
	BMRN	F	0.02%
	OKTA	C	0.02%
	GFS	C	0.01%
	WMG	D	0.01%
	FOX	A	0.01%
	UAL	A	0.01%
	SIRI	C	0.01%
	RKT	F	0.0%
	AGR	A	0.0%

STRV Underweight 296 Positions Relative to FNDX

	Symbol	Grade	Weight
	LUMN	C	-0.65%
	IP	A	-0.17%
	WBA	F	-0.17%
	PARA	C	-0.11%
	ALLY	C	-0.1%
	VTRS	A	-0.1%
	KEY	B	-0.1%
	BG	D	-0.1%
	NRG	B	-0.1%
	RS	B	-0.09%
	ARW	D	-0.08%
	EMN	C	-0.08%
	USFD	A	-0.08%
	CHRW	B	-0.08%
	WHR	B	-0.08%
	UHS	D	-0.08%
	WKC	C	-0.08%
	JLL	D	-0.08%
	OC	A	-0.07%
	VFC	C	-0.07%
	CMA	B	-0.07%
	THC	D	-0.07%
	R	B	-0.07%
	X	B	-0.07%
	LAD	A	-0.07%
	PKG	A	-0.07%
	AVT	C	-0.07%
	SNA	A	-0.06%
	OVV	B	-0.06%
	TOL	B	-0.06%
	M	F	-0.06%
	DVA	C	-0.06%
	JEF	A	-0.06%
	TXT	D	-0.06%
	UNM	A	-0.06%
	AA	A	-0.06%
	ZION	B	-0.06%
	OMF	A	-0.06%
	MHK	D	-0.06%
	FLEX	B	-0.06%
	JBL	C	-0.06%
	PFGC	B	-0.06%
	EME	A	-0.06%
	FNF	B	-0.06%
	KSS	F	-0.06%
	MOS	F	-0.06%
	KMX	B	-0.06%
	ACM	B	-0.05%
	VNO	C	-0.05%
	NI	A	-0.05%
	AFG	A	-0.05%
	INGR	C	-0.05%
	ORI	A	-0.05%
	CSL	C	-0.05%
	IVZ	B	-0.05%
	JNPR	D	-0.05%
	AN	C	-0.05%
	BXP	C	-0.05%
	KD	B	-0.05%
	DXC	B	-0.05%
	ALSN	B	-0.05%
	LEA	F	-0.05%
	EQH	C	-0.05%
	TDS	B	-0.05%
	GPI	B	-0.05%
	CASY	A	-0.05%
	DINO	D	-0.05%
	BWA	D	-0.05%
	TPR	B	-0.05%
	SFM	A	-0.05%
	LKQ	F	-0.05%
	BFH	C	-0.05%
	LNC	C	-0.05%
	TAP	C	-0.05%
	FBIN	D	-0.04%
	LPX	B	-0.04%
	BCC	B	-0.04%
	GAP	C	-0.04%
	OSK	C	-0.04%
	AVY	F	-0.04%
	AMG	B	-0.04%
	IPG	D	-0.04%
	ZIM	C	-0.04%
	UFPI	C	-0.04%
	PNR	A	-0.04%
	FYBR	C	-0.04%
	RPM	A	-0.04%
	CNO	B	-0.04%
	HST	C	-0.04%
	DOX	D	-0.04%
	SLM	A	-0.04%
	TMHC	C	-0.04%
	CCK	D	-0.04%
	DKS	D	-0.04%
	GT	C	-0.04%
	RGA	A	-0.04%
	RHI	C	-0.04%
	HSIC	C	-0.04%
	GEN	B	-0.04%
	FAF	A	-0.04%
	MUSA	B	-0.04%
	BERY	C	-0.04%
	PVH	C	-0.04%
	NWSA	A	-0.04%
	PNW	A	-0.04%
	BEN	C	-0.04%
	AYI	B	-0.04%
	WCC	B	-0.04%
	THO	B	-0.04%
	KNX	C	-0.04%
	WSM	C	-0.04%
	EVR	B	-0.04%
	OGN	F	-0.04%
	JXN	C	-0.04%
	MAN	F	-0.04%
	UGI	C	-0.04%
	EXP	B	-0.03%
	SEE	C	-0.03%
	THG	A	-0.03%
	LSTR	D	-0.03%
	PRI	B	-0.03%
	AR	B	-0.03%
	FMC	D	-0.03%
	SCI	B	-0.03%
	ACI	C	-0.03%
	GNTX	C	-0.03%
	AAP	D	-0.03%
	BTU	B	-0.03%
	ITT	A	-0.03%
	BBWI	C	-0.03%
	KBH	D	-0.03%
	BURL	B	-0.03%
	CW	C	-0.03%
	TPH	D	-0.03%
	G	B	-0.03%
	FLR	B	-0.03%
	SNX	D	-0.03%
	BC	C	-0.03%
	ABG	C	-0.03%
	SNV	C	-0.03%
	ALB	B	-0.03%
	SEIC	B	-0.03%
	KIM	A	-0.03%
	VOYA	B	-0.03%
	QRVO	F	-0.03%
	ARMK	B	-0.03%
	AIZ	A	-0.03%
	CAR	C	-0.03%
	OGE	A	-0.03%
	GPK	C	-0.03%
	HAS	D	-0.03%
	FL	F	-0.03%
	RRX	B	-0.03%
	RL	C	-0.03%
	AGCO	D	-0.03%
	CACI	D	-0.03%
	APA	D	-0.03%
	MTH	D	-0.03%
	JHG	B	-0.03%
	CLF	F	-0.03%
	HII	F	-0.03%
	EWBC	A	-0.03%
	WU	F	-0.03%
	CIEN	C	-0.03%
	GNW	A	-0.03%
	NXST	C	-0.03%
	FFIV	B	-0.03%
	CG	B	-0.03%
	HUN	F	-0.03%
	FHN	A	-0.03%
	CMC	B	-0.03%
	DOC	C	-0.03%
	OLN	F	-0.03%
	PBF	D	-0.03%
	MTZ	B	-0.03%
	SANM	B	-0.03%
	NWL	C	-0.03%
	HBI	B	-0.03%
	GL	C	-0.03%
	MLI	B	-0.03%
	MDU	D	-0.02%
	MTN	C	-0.02%
	ODP	F	-0.02%
	EG	C	-0.02%
	COHR	B	-0.02%
	ALV	C	-0.02%
	ALK	B	-0.02%
	ADNT	F	-0.02%
	FLO	D	-0.02%
	MPW	F	-0.02%
	MATX	C	-0.02%
	LEG	F	-0.02%
	BPOP	C	-0.02%
	CHKP	C	-0.02%
	TFX	F	-0.02%
	ARCH	B	-0.02%
	TKR	D	-0.02%
	MIDD	C	-0.02%
	AER	A	-0.02%
	NSIT	F	-0.02%
	KBR	F	-0.02%
	POR	C	-0.02%
	MKSI	C	-0.02%
	VAC	C	-0.02%
	TTC	C	-0.02%
	UHAL	D	-0.02%
	XRX	F	-0.02%
	ASO	F	-0.02%
	GLPI	C	-0.02%
	WERN	C	-0.02%
	LW	C	-0.02%
	OI	C	-0.02%
	POST	C	-0.02%
	NFG	A	-0.02%
	ASGN	F	-0.02%
	NAVI	F	-0.02%
	SM	B	-0.02%
	NDSN	B	-0.02%
	CZR	F	-0.02%
	CCEP	C	-0.02%
	LECO	C	-0.02%
	ST	F	-0.02%
	AL	B	-0.02%
	MUR	D	-0.02%
	TPX	B	-0.02%
	PII	F	-0.02%
	STWD	C	-0.02%
	PAG	B	-0.02%
	HUBG	A	-0.02%
	SLG	B	-0.02%
	GGG	B	-0.02%
	GXO	B	-0.02%
	CTLT	C	-0.02%
	PENN	C	-0.02%
	JKHY	D	-0.02%
	CPT	B	-0.02%
	HOG	D	-0.02%
	POOL	C	-0.02%
	NOV	C	-0.02%
	DCI	B	-0.02%
	NVT	B	-0.02%
	AOS	F	-0.02%
	BECN	B	-0.02%
	SKX	D	-0.02%
	CC	C	-0.02%
	CNH	C	-0.02%
	LAMR	C	-0.02%
	REG	A	-0.02%
	PK	C	-0.02%
	BRX	A	-0.02%
	MTG	C	-0.02%
	ABM	B	-0.02%
	DAR	C	-0.02%
	ATR	B	-0.02%
	BJ	A	-0.02%
	EHC	B	-0.02%
	RUSHA	C	-0.02%
	SAIC	F	-0.02%
	REZI	A	-0.02%
	GNRC	C	-0.02%
	TGNA	B	-0.02%
	BAP	A	-0.02%
	SON	F	-0.02%
	AXTA	B	-0.02%
	SOLV	D	-0.02%
	VSH	F	-0.01%
	ANDE	D	-0.01%
	LILAK	D	-0.01%
	CNXC	F	-0.01%
	CRL	D	-0.01%
	DBX	B	-0.01%
	WTRG	B	-0.01%
	MSM	C	-0.01%
	SPTN	D	-0.01%
	CHE	D	-0.01%
	MMS	F	-0.01%
	AEO	F	-0.01%
	CYH	F	-0.01%
	JAZZ	B	-0.01%
	BLD	D	-0.01%
	TNL	A	-0.01%
	PRGO	C	-0.01%
	QRTEA	F	-0.01%
	AAL	B	-0.01%
	ALLE	C	-0.01%
	FTI	A	-0.01%
	JWN	D	-0.01%
	HRB	D	-0.01%
	XRAY	F	-0.01%
	DK	C	-0.01%
	HTZ	C	-0.01%
	DAN	D	-0.01%
	UNFI	A	-0.01%
	CRI	F	-0.01%
	CNX	A	-0.01%
	CPRI	F	-0.01%

STRV: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Dow Jones Component Insurance Electricity Electronics Medicine Semiconductor Aerospace Bank Telecommunications Banking Mobile Devices Chemical Cloud Computing IBD 50 Insurance Products Integrated Circuits

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Business Services Oil & Gas E&P Specialty Retail Banks - Regional - US Software - Application Information Technology Services Semiconductors Diagnostics & Research Specialty Chemicals Credit Services Packaged Foods Packaging & Containers Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

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