DFUV vs. FTEC ETF Comparison

Comparison of Dimensional US Marketwide Value ETF (DFUV) to Fidelity MSCI Information Technology Index ETF (FTEC)

DFUV

Dimensional US Marketwide Value ETF

DFUV Description

The investment seeks to achieve long-term capital appreciation. The US Marketwide Value ETF is designed to purchase a broad and diverse group of securities of U.S. companies that the Advisor determines to be value stocks. The Advisor considers companies of all market capitalizations for purchase by the Portfolio. The Portfolio may purchase or sell futures contracts and options on futures contracts for U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Portfolio.

Grade (RS Rating)

Last Trade

$38.76

Average Daily Volume

271,892

Number of Holdings ^*

1301

* may have additional holdings in another (foreign) market

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 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 Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$172.39

Average Daily Volume

204,867

Number of Holdings ^*

279

* may have additional holdings in another (foreign) market

Performance

Period	DFUV	FTEC
30 Days	-4.08%	8.13%
60 Days	-0.31%	15.07%
90 Days	-1.34%	12.75%
12 Months	14.38%	32.61%

115 Overlapping Holdings

Symbol	Grade	Weight in DFUV	Weight in FTEC	Overlap
ACIW	B	0.03%	0.06%	0.03%
ACLS	B	0.01%	0.07%	0.01%
ADI	B	0.65%	0.84%	0.65%
AEIS	B	0.03%	0.07%	0.03%
AKAM	F	0.11%	0.13%	0.11%
AMD	C	0.9%	1.79%	0.9%
AMKR	B	0.07%	0.07%	0.07%
AOSL	B	0.01%	0.02%	0.01%
ARW	B	0.07%	0.09%	0.07%
ASGN	D	0.05%	0.07%	0.05%
ATEN	D	0.01%	0.03%	0.01%
AVT	B	0.04%	0.07%	0.04%
BDC	B	0.03%	0.07%	0.03%
BELFB	B	0.0%	0.02%	0.0%
BHE	B	0.02%	0.04%	0.02%
BILL	F	0.0%	0.07%	0.0%
CACC	F	0.03%	0.06%	0.03%
CALX	C	0.02%	0.06%	0.02%
CGNX	B	0.0%	0.09%	0.0%
CIEN	F	0.05%	0.08%	0.05%
CLSK	C	0.0%	0.06%	0.0%
CNXN	C	0.02%	0.02%	0.02%
COHR	A	0.06%	0.11%	0.06%
COHU	C	0.01%	0.04%	0.01%
CRM	F	0.93%	1.66%	0.93%
CRNC	F	0.0%	0.0%	0.0%
CRSR	D	0.0%	0.01%	0.0%
CRUS	A	0.06%	0.09%	0.06%
CSCO	F	0.98%	1.3%	0.98%
CTS	B	0.02%	0.04%	0.02%
CTSH	D	0.27%	0.26%	0.26%
DGII	F	0.01%	0.02%	0.01%
DIOD	D	0.03%	0.06%	0.03%
DLB	F	0.03%	0.07%	0.03%
DV	F	0.01%	0.06%	0.01%
DXC	D	0.02%	0.07%	0.02%
ENTG	B	0.06%	0.17%	0.06%
ENV	D	0.0%	0.03%	0.0%
EPAM	F	0.02%	0.1%	0.02%
ETWO	D	0.0%	0.02%	0.0%
FFIV	D	0.08%	0.1%	0.08%
FLEX	B	0.14%	0.14%	0.14%
FN	B	0.04%	0.11%	0.04%
FORM	B	0.0%	0.07%	0.0%
FSLR	B	0.15%	0.25%	0.15%
GLW	B	0.3%	0.24%	0.24%
HLIT	C	0.0%	0.03%	0.0%
HPE	A	0.18%	0.22%	0.18%
ICHR	D	0.01%	0.03%	0.01%
IDCC	B	0.02%	0.06%	0.02%
INFA	C	0.01%	0.05%	0.01%
INTC	F	0.85%	0.91%	0.85%
IPGP	F	0.02%	0.06%	0.02%
ITRI	B	0.04%	0.08%	0.04%
JNPR	B	0.08%	0.12%	0.08%
KD	B	0.05%	0.09%	0.05%
KE	C	0.01%	0.02%	0.01%
KEYS	D	0.0%	0.19%	0.0%
KLIC	D	0.03%	0.05%	0.03%
KN	B	0.01%	0.04%	0.01%
LFUS	B	0.05%	0.08%	0.05%
LITE	B	0.02%	0.06%	0.02%
MARA	C	0.0%	0.07%	0.0%
MEI	F	0.0%	0.01%	0.0%
MIR	C	0.01%	0.05%	0.01%
MITK	F	0.0%	0.01%	0.0%
MKSI	B	0.03%	0.1%	0.03%
MLNK	B	0.0%	0.01%	0.0%
MRVL	B	0.26%	0.44%	0.26%
MU	A	0.78%	1.05%	0.78%
MXL	D	0.01%	0.04%	0.01%
NABL	B	0.0%	0.03%	0.0%
NSIT	B	0.07%	0.07%	0.07%
NTCT	F	0.01%	0.04%	0.01%
OKTA	C	0.07%	0.13%	0.07%
ON	C	0.15%	0.25%	0.15%
ONTO	B	0.03%	0.11%	0.03%
OSIS	C	0.02%	0.05%	0.02%
PLAB	F	0.02%	0.04%	0.02%
PLUS	D	0.02%	0.05%	0.02%
PLXS	C	0.03%	0.06%	0.03%
PRFT	B	0.02%	0.07%	0.02%
PRGS	F	0.0%	0.05%	0.0%
PWSC	B	0.0%	0.03%	0.0%
QRVO	C	0.06%	0.11%	0.06%
RAMP	F	0.0%	0.05%	0.0%
ROG	C	0.01%	0.05%	0.01%
ROP	B	0.27%	0.43%	0.27%
S	D	0.02%	0.06%	0.02%
SANM	B	0.03%	0.06%	0.03%
SCSC	C	0.01%	0.03%	0.01%
SGH	B	0.0%	0.03%	0.0%
SLAB	F	0.01%	0.06%	0.01%
SNX	A	0.09%	0.12%	0.09%
SWI	B	0.01%	0.02%	0.01%
SWKS	C	0.12%	0.14%	0.12%
SYNA	C	0.02%	0.06%	0.02%
TDY	D	0.11%	0.16%	0.11%
TEL	B	0.34%	0.35%	0.34%
TRMB	D	0.07%	0.13%	0.07%
TTMI	B	0.02%	0.05%	0.02%
TWKS	C	0.0%	0.01%	0.0%
TWLO	F	0.05%	0.1%	0.05%
U	F	0.01%	0.07%	0.01%
UCTT	B	0.02%	0.05%	0.02%
VECO	A	0.02%	0.06%	0.02%
VIAV	F	0.01%	0.04%	0.01%
VPG	F	0.0%	0.01%	0.0%
VRNT	B	0.02%	0.06%	0.02%
VSAT	F	0.0%	0.02%	0.0%
VSH	D	0.03%	0.06%	0.03%
WDC	B	0.15%	0.21%	0.15%
XRX	F	0.01%	0.05%	0.01%
ZBRA	D	0.08%	0.14%	0.08%
ZM	F	0.07%	0.14%	0.07%

DFUV Overweight 1186 Positions Relative to FTEC

Symbol	Grade	Weight
JPM	C	4.33%
XOM	D	4.16%
BRK.A	C	3.01%
CVX	D	2.12%
CMCSA	F	1.49%
BAC	A	1.47%
VZ	C	1.43%
COP	D	1.24%
ELV	B	1.2%
TMO	C	1.2%
WFC	D	1.07%
T	B	1.02%
DHR	B	1.0%
CI	D	0.94%
GS	B	0.93%
PFE	C	0.87%
MS	B	0.78%
CVS	F	0.77%
TMUS	B	0.77%
MDLZ	D	0.74%
DIS	D	0.71%
LIN	C	0.69%
ABT	D	0.68%
MDT	C	0.67%
C	D	0.64%
MPC	D	0.63%
RTX	B	0.63%
PSX	D	0.58%
GILD	D	0.58%
GM	B	0.52%
CB	B	0.52%
VLO	D	0.51%
REGN	A	0.51%
FDX	D	0.5%
ETN	D	0.45%
EOG	D	0.44%
NSC	D	0.44%
GD	C	0.42%
DHI	D	0.42%
FCX	D	0.41%
BDX	D	0.41%
DE	D	0.4%
PCAR	D	0.39%
F	D	0.38%
AIG	D	0.38%
BMY	F	0.37%
NUE	F	0.36%
MET	D	0.34%
COF	D	0.34%
AFL	B	0.33%
BK	B	0.32%
PNC	D	0.31%
LEN	D	0.31%
NOC	F	0.3%
APD	B	0.3%
DOW	D	0.3%
USB	D	0.3%
LHX	B	0.29%
FANG	D	0.29%
TRV	D	0.29%
FIS	B	0.29%
MLM	C	0.28%
HUM	C	0.28%
OXY	D	0.28%
KR	D	0.28%
BSX	A	0.28%
CMI	D	0.27%
HIG	B	0.27%
PHM	B	0.27%
JCI	B	0.27%
LYB	D	0.26%
DAL	C	0.26%
CSX	D	0.25%
TFC	D	0.25%
KMI	B	0.25%
DFS	D	0.25%
VMC	C	0.24%
PRU	C	0.24%
MMM	B	0.24%
IR	C	0.23%
ADM	D	0.22%
WMT	A	0.21%
STLD	D	0.21%
CNC	D	0.21%
EBAY	B	0.21%
BKR	D	0.21%
ACGL	B	0.21%
EMR	D	0.21%
DVN	D	0.21%
FCNCA	D	0.2%
WAB	C	0.19%
WMB	A	0.19%
URI	D	0.19%
SLB	F	0.18%
OC	B	0.18%
MRNA	B	0.18%
FITB	D	0.17%
TTWO	B	0.17%
PH	D	0.17%
DLTR	F	0.17%
GRMN	B	0.17%
CTRA	D	0.17%
FTV	D	0.17%
DD	B	0.16%
BIIB	C	0.16%
RSG	C	0.16%
PWR	B	0.16%
AME	D	0.16%
RS	D	0.16%
CBRE	D	0.16%
RF	C	0.16%
CTVA	D	0.16%
SYF	D	0.16%
MTB	D	0.15%
DOV	C	0.15%
HAL	F	0.15%
KDP	B	0.15%
XYL	B	0.15%
MKL	C	0.14%
ZBH	F	0.14%
MRO	C	0.14%
UAL	C	0.14%
LDOS	B	0.14%
PFG	D	0.14%
TOL	C	0.13%
CF	D	0.13%
CSGP	F	0.13%
EG	D	0.13%
PPG	D	0.13%
HBAN	D	0.13%
CE	D	0.13%
STT	D	0.13%
RJF	D	0.13%
KHC	D	0.12%
SQ	F	0.12%
PKG	B	0.12%
L	D	0.12%
STE	B	0.12%
BLDR	D	0.12%
GIS	D	0.12%
SSNC	D	0.12%
CME	D	0.12%
DDS	D	0.12%
BG	C	0.12%
DGX	B	0.12%
UHAL	D	0.12%
STZ	C	0.12%
AVTR	D	0.11%
IP	B	0.11%
CINF	D	0.11%
NVT	B	0.11%
TRU	D	0.11%
TXT	D	0.11%
J	D	0.11%
ALL	D	0.11%
PNR	D	0.11%
IFF	B	0.11%
SNA	D	0.11%
BALL	C	0.11%
USFD	C	0.11%
CAG	D	0.1%
EMN	B	0.1%
RGA	B	0.1%
CASY	B	0.1%
ICE	B	0.1%
CW	C	0.1%
TSN	D	0.1%
ALLY	C	0.1%
UHS	A	0.1%
ITT	D	0.1%
EQT	C	0.1%
AMCR	B	0.1%
GEV	B	0.1%
NTRS	D	0.1%
LUV	B	0.1%
GPN	F	0.1%
KEY	D	0.09%
CSL	B	0.09%
OVV	D	0.09%
MGM	D	0.09%
NEM	B	0.09%
MKC	F	0.09%
CRL	F	0.09%
CARR	B	0.09%
UTHR	A	0.09%
IPG	F	0.09%
PFGC	D	0.09%
UNM	D	0.09%
ALV	D	0.09%
CACI	A	0.09%
WCC	C	0.09%
WRK	C	0.09%
FNF	D	0.09%
SKX	B	0.09%
LKQ	F	0.09%
CPB	C	0.09%
NWSA	B	0.09%
HOLX	D	0.09%
CHK	D	0.09%
ALB	F	0.09%
GPK	D	0.08%
AGCO	F	0.08%
AYI	D	0.08%
HOOD	B	0.08%
ATR	B	0.08%
WLK	D	0.08%
KMX	D	0.08%
AIZ	D	0.08%
GEHC	D	0.08%
NRG	B	0.08%
CCK	D	0.08%
FTI	D	0.08%
CG	D	0.08%
CCL	C	0.08%
CFG	D	0.08%
SWK	D	0.08%
CLH	A	0.08%
VTRS	F	0.08%
APTV	F	0.08%
GPS	B	0.08%
EWBC	D	0.08%
DOX	F	0.08%
HII	D	0.08%
SJM	F	0.08%
EME	B	0.08%
PAG	D	0.07%
BWA	F	0.07%
LPX	B	0.07%
GNTX	D	0.07%
OSK	D	0.07%
TPR	B	0.07%
BLD	B	0.07%
MTZ	B	0.07%
TAP	F	0.07%
CHTR	C	0.07%
UFPI	D	0.07%
ARMK	B	0.07%
WTW	D	0.07%
APG	B	0.07%
LAD	F	0.07%
TFX	D	0.07%
DINO	D	0.07%
EHC	B	0.07%
CRBG	C	0.07%
WWD	B	0.07%
AN	B	0.07%
RRC	C	0.07%
AR	B	0.07%
INGR	D	0.07%
SN	B	0.07%
X	F	0.07%
BCC	D	0.06%
RGLD	D	0.06%
FLS	D	0.06%
FYBR	B	0.06%
DTM	B	0.06%
CLF	F	0.06%
FHN	D	0.06%
MTDR	D	0.06%
JEF	C	0.06%
SWN	D	0.06%
BAX	D	0.06%
EA	B	0.06%
AM	B	0.06%
AIT	D	0.06%
DAR	F	0.06%
MLI	D	0.06%
MTG	C	0.06%
MIDD	F	0.06%
GNRC	C	0.06%
RL	B	0.06%
HAS	C	0.06%
HSIC	D	0.06%
KEX	B	0.06%
COTY	F	0.06%
WRB	D	0.06%
RRX	F	0.06%
ORI	C	0.06%
AXTA	B	0.06%
AFG	D	0.06%
POST	D	0.06%
BMRN	C	0.06%
BERY	C	0.06%
SF	D	0.06%
LEA	F	0.06%
EXAS	F	0.05%
M	D	0.05%
BOKF	D	0.05%
CBT	C	0.05%
NOV	D	0.05%
WIRE	B	0.05%
FLR	A	0.05%
OLLI	B	0.05%
PSN	C	0.05%
PBF	F	0.05%
ZWS	D	0.05%
SM	D	0.05%
SRCL	B	0.05%
G	D	0.05%
SNV	D	0.05%
ESAB	D	0.05%
ELAN	B	0.05%
MMS	B	0.05%
MTH	C	0.05%
JXN	C	0.05%
RDN	C	0.05%
JHG	B	0.05%
RNR	C	0.05%
BC	F	0.05%
RBC	B	0.05%
WBS	F	0.05%
SAIC	D	0.05%
MHK	D	0.05%
WTFC	D	0.05%
AGO	D	0.05%
GFS	D	0.05%
HRL	F	0.05%
GXO	F	0.05%
ASH	C	0.05%
AXS	B	0.05%
OMF	D	0.05%
MAT	F	0.05%
MUR	D	0.05%
ANF	B	0.05%
CTLT	D	0.05%
ESNT	C	0.05%
CHRD	D	0.05%
BECN	C	0.05%
ACHC	F	0.05%
ZION	D	0.05%
WAL	D	0.05%
FOXA	B	0.05%
TMHC	D	0.05%
TKR	D	0.05%
ESI	B	0.05%
CMA	D	0.05%
PVH	C	0.05%
BPOP	D	0.05%
OLN	D	0.05%
SON	C	0.05%
WBD	F	0.05%
BEN	F	0.05%
GATX	C	0.05%
FCN	D	0.05%
MATX	B	0.05%
MOG.A	C	0.05%
R	D	0.05%
CMC	D	0.05%
NXST	D	0.05%
KNX	F	0.05%
JLL	B	0.05%
ENSG	B	0.05%
UBSI	D	0.04%
HGV	D	0.04%
CR	C	0.04%
CADE	D	0.04%
CPRI	F	0.04%
H	C	0.04%
ASO	F	0.04%
PFSI	B	0.04%
AEO	D	0.04%
CNX	B	0.04%
SITE	F	0.04%
STNG	C	0.04%
MGY	D	0.04%
EXEL	D	0.04%
PARA	F	0.04%
HXL	D	0.04%
OZK	F	0.04%
INCY	B	0.04%
MHO	B	0.04%
KBR	D	0.04%
LBRDK	D	0.04%
BOOT	B	0.04%
HOMB	D	0.04%
SSB	D	0.04%
FLO	D	0.04%
IVZ	D	0.04%
FELE	D	0.04%
SLGN	D	0.04%
SUM	D	0.04%
SIG	D	0.04%
FAF	D	0.04%
OPCH	D	0.04%
ITGR	C	0.04%
MSM	F	0.04%
ABG	B	0.04%
DAY	F	0.04%
ETRN	B	0.04%
ONB	D	0.04%
SEM	B	0.04%
PNFP	D	0.04%
ATKR	F	0.04%
VOYA	C	0.04%
FNB	D	0.04%
MDU	C	0.04%
FUL	D	0.04%
ACA	B	0.04%
HUN	D	0.04%
THO	F	0.04%
GPI	B	0.04%
SSD	D	0.04%
Z	B	0.04%
ATI	C	0.04%
AMG	D	0.04%
TROW	B	0.04%
CFR	D	0.04%
DY	B	0.04%
ALK	D	0.04%
HQY	B	0.04%
JAZZ	C	0.04%
COLM	C	0.04%
ENS	B	0.04%
SFM	B	0.04%
CZR	F	0.04%
AL	D	0.04%
CRS	B	0.04%
WOR	F	0.03%
FBP	D	0.03%
VCTR	C	0.03%
ARCH	D	0.03%
RGEN	F	0.03%
AAP	F	0.03%
INSW	C	0.03%
SLM	D	0.03%
CVCO	C	0.03%
IBOC	D	0.03%
MYRG	F	0.03%
TROX	B	0.03%
BTU	D	0.03%
SLVM	B	0.03%
CRC	D	0.03%
NFE	F	0.03%
KTOS	B	0.03%
FSS	C	0.03%
AROC	D	0.03%
ACI	F	0.03%
ABCB	D	0.03%
REZI	D	0.03%
LRN	B	0.03%
ICFI	D	0.03%
KWR	F	0.03%
MTX	B	0.03%
KAI	C	0.03%
SIGI	F	0.03%
ESE	D	0.03%
CIVI	D	0.03%
NVST	F	0.03%
TDW	D	0.03%
SXT	B	0.03%
SHOO	B	0.03%
ESGR	C	0.03%
COKE	B	0.03%
IOSP	C	0.03%
GHC	D	0.03%
MAN	D	0.03%
CORT	B	0.03%
HP	F	0.03%
BRC	B	0.03%
HWC	D	0.03%
JWN	B	0.03%
MOD	D	0.03%
IEX	D	0.03%
VMI	B	0.03%
LBRT	D	0.03%
NWS	B	0.03%
ABM	B	0.03%
SMPL	B	0.03%
GMS	D	0.03%
CHX	F	0.03%
WBA	F	0.03%
TPH	C	0.03%
SKY	C	0.03%
WTS	D	0.03%
URBN	B	0.03%
HRI	F	0.03%
ALSN	D	0.03%
CBZ	D	0.03%
PB	D	0.03%
CNXC	D	0.03%
CNO	C	0.03%
SKYW	B	0.03%
GTES	D	0.03%
NOG	D	0.03%
HAE	D	0.03%
KNF	C	0.03%
ALIT	F	0.03%
AMR	F	0.03%
NYT	B	0.03%
KFY	B	0.03%
GBCI	D	0.03%
REYN	C	0.03%
TEX	D	0.03%
GLOB	D	0.03%
AVNT	C	0.03%
ORA	B	0.03%
SOLV	F	0.03%
GPC	D	0.03%
SEB	F	0.03%
NJR	C	0.03%
GOLF	B	0.03%
EPC	B	0.02%
PHIN	C	0.02%
RUSHB	F	0.02%
WHD	D	0.02%
CMRE	B	0.02%
PR	D	0.02%
WGO	F	0.02%
MMSI	B	0.02%
LZB	D	0.02%
PBH	D	0.02%
GT	F	0.02%
BANF	F	0.02%
FFBC	D	0.02%
PRGO	F	0.02%
KMPR	D	0.02%
BKE	D	0.02%
TOWN	D	0.02%
JBI	D	0.02%
DHT	C	0.02%
MLKN	D	0.02%
LEN	D	0.02%
SCL	D	0.02%
SOFI	F	0.02%
GPOR	C	0.02%
JBT	C	0.02%
AZZ	C	0.02%
VAL	C	0.02%
SNDR	D	0.02%
MP	F	0.02%
KMT	D	0.02%
ENOV	F	0.02%
AZEK	C	0.02%
SFNC	D	0.02%
HNI	C	0.02%
UNH	C	0.02%
CDE	B	0.02%
CNA	C	0.02%
TNK	B	0.02%
LPG	C	0.02%
WHR	D	0.02%
HWKN	B	0.02%
JBHT	F	0.02%
DNB	F	0.02%
CWK	B	0.02%
STRL	B	0.02%
LEVI	B	0.02%
JJSF	B	0.02%
LAUR	D	0.02%
VLY	F	0.02%
CENTA	D	0.02%
NPO	D	0.02%
FL	C	0.02%
PDCO	F	0.02%
HOG	F	0.02%
TGLS	D	0.02%
WTM	C	0.02%
ACM	D	0.02%
WAFD	D	0.02%
THC	B	0.02%
FA	B	0.02%
NNI	C	0.02%
RHI	D	0.02%
AUB	D	0.02%
CNMD	D	0.02%
THG	D	0.02%
BIO	F	0.02%
HURN	C	0.02%
NMIH	C	0.02%
TDS	B	0.02%
BRBR	C	0.02%
KALU	D	0.02%
PATK	D	0.02%
LGIH	F	0.02%
MTRN	F	0.02%
HI	D	0.02%
WERN	D	0.02%
YELP	F	0.02%
FOX	B	0.02%
ARCB	F	0.02%
SXI	D	0.02%
PSMT	D	0.02%
CRI	F	0.02%
FHB	D	0.02%
WSFS	D	0.02%
CALM	C	0.02%
CATY	D	0.02%
ILMN	F	0.02%
PRIM	B	0.02%
GTLS	F	0.02%
ROCK	D	0.02%
KBH	B	0.02%
CCS	D	0.02%
KOS	F	0.02%
LCII	F	0.02%
WD	C	0.02%
FULT	D	0.02%
DORM	C	0.02%
MGRC	D	0.02%
GVA	B	0.02%
STRA	C	0.02%
TCBI	D	0.02%
AIR	D	0.02%
XRAY	F	0.02%
AIN	D	0.02%
RUSHA	D	0.02%
PPC	C	0.02%
MWA	B	0.02%
ROKU	F	0.02%
GL	D	0.02%
ASB	D	0.02%
UNF	F	0.02%
TGNA	F	0.02%
ATGE	B	0.02%
LIVN	D	0.02%
CEIX	B	0.02%
ALG	F	0.02%
UCBI	D	0.02%
HAYW	D	0.02%
GNW	D	0.02%
UMBF	D	0.02%
HELE	D	0.02%
AX	D	0.02%
CPA	D	0.02%
HUBG	B	0.02%
TRN	C	0.02%
KOP	F	0.01%
UVSP	C	0.01%
SUPN	F	0.01%
GTN	F	0.01%
SAM	C	0.01%
DG	F	0.01%
IIIN	D	0.01%
MATV	D	0.01%
UTI	D	0.01%
IAS	D	0.01%
INDB	F	0.01%
EBF	B	0.01%
MODG	D	0.01%
NR	B	0.01%
ATSG	F	0.01%
HAYN	C	0.01%
AMRK	D	0.01%
EYE	F	0.01%
IBTX	D	0.01%
FHI	D	0.01%
ALKS	C	0.01%
PEBO	D	0.01%
YETI	C	0.01%
TK	B	0.01%
SNEX	C	0.01%
WRLD	F	0.01%
EZPW	D	0.01%
PII	F	0.01%
SFBS	D	0.01%
TIPT	D	0.01%
CNOB	F	0.01%
HSII	B	0.01%
MMI	F	0.01%
TCBK	C	0.01%
SPTN	F	0.01%
BKD	D	0.01%
VBTX	D	0.01%
SYBT	B	0.01%
SPNS	B	0.01%
SXC	D	0.01%
KAR	D	0.01%
ETD	D	0.01%
GRC	B	0.01%
NAT	D	0.01%
VVV	C	0.01%
DXPE	D	0.01%
REX	D	0.01%
ASTE	F	0.01%
JBSS	D	0.01%
HY	B	0.01%
AXL	D	0.01%
JBLU	F	0.01%
BXC	F	0.01%
ARCT	C	0.01%
BJRI	B	0.01%
WNC	F	0.01%
BHLB	D	0.01%
CTBI	D	0.01%
PFS	F	0.01%
SMP	F	0.01%
PARR	F	0.01%
TRS	D	0.01%
GIII	F	0.01%
STBA	D	0.01%
CLVT	F	0.01%
DCO	B	0.01%
MLR	B	0.01%
HMN	D	0.01%
ACT	D	0.01%
GO	F	0.01%
USPH	F	0.01%
ADNT	F	0.01%
PFBC	D	0.01%
SWBI	D	0.01%
SBCF	F	0.01%
CENT	F	0.01%
HTH	D	0.01%
CPRX	C	0.01%
PUMP	F	0.01%
THR	D	0.01%
SCHL	F	0.01%
ECPG	F	0.01%
NMRK	C	0.01%
EIG	D	0.01%
SSTK	C	0.01%
MRC	C	0.01%
CRGY	B	0.01%
INVA	B	0.01%
CMCO	F	0.01%
EFSC	D	0.01%
FWRG	F	0.01%
IMKTA	F	0.01%
VSEC	B	0.01%
WTTR	B	0.01%
FDP	D	0.01%
ECVT	F	0.01%
HL	C	0.01%
BHF	F	0.01%
PCRX	D	0.01%
LOB	F	0.01%
TALO	F	0.01%
ZD	C	0.01%
CENX	D	0.01%
AGX	B	0.01%
NX	F	0.01%
PTVE	F	0.01%
MGPI	D	0.01%
PLYA	D	0.01%
OMI	F	0.01%
CBSH	D	0.01%
VSTS	F	0.01%
UHAL	D	0.01%
MGNI	B	0.01%
HOPE	D	0.01%
TGT	D	0.01%
VSTO	B	0.01%
USLM	B	0.01%
SCS	C	0.01%
CAL	C	0.01%
BUSE	D	0.01%
LNN	C	0.01%
WABC	D	0.01%
UVV	F	0.01%
UAA	D	0.01%
UA	D	0.01%
OKE	D	0.01%
SCVL	B	0.01%
WMK	D	0.01%
VAC	F	0.01%
NBHC	B	0.01%
JELD	F	0.01%
KSS	F	0.01%
AMK	C	0.01%
NVEE	F	0.01%
PRK	B	0.01%
GMED	B	0.01%
RXO	D	0.01%
ANIP	D	0.01%
DNUT	D	0.01%
FBNC	D	0.01%
CRAI	B	0.01%
IESC	D	0.01%
RES	F	0.01%
MBIN	D	0.01%
PINC	F	0.01%
NWBI	D	0.01%
WS	F	0.01%
CASH	B	0.01%
CRK	B	0.01%
CHCO	D	0.01%
OEC	D	0.01%
FCF	D	0.01%
CC	D	0.01%
CARS	B	0.01%
CABO	F	0.01%
CARG	B	0.01%
CUBI	D	0.01%
FOR	D	0.01%
HEES	F	0.01%
NBTB	D	0.01%
MTCH	C	0.01%
LGND	B	0.01%
CVI	F	0.01%
SAFT	D	0.01%
SAH	B	0.01%
XPRO	B	0.01%
DVAX	D	0.01%
TRIP	F	0.01%
LEG	F	0.01%
DAN	D	0.01%
GES	F	0.01%
ZG	B	0.01%
NAVI	F	0.01%
AMWD	F	0.01%
APA	F	0.01%
WSBC	D	0.01%
HLX	D	0.01%
DNOW	D	0.01%
NHC	B	0.01%
PPBI	F	0.01%
CHEF	B	0.01%
AA	C	0.01%
BKU	C	0.01%
PRG	C	0.01%
VRTS	D	0.01%
NTB	C	0.01%
VIRT	B	0.01%
ADTN	D	0.01%
OSW	B	0.01%
FBK	D	0.01%
AGM	D	0.01%
LBRDA	D	0.01%
TNC	D	0.01%
FIBK	D	0.01%
RNST	D	0.01%
KVUE	F	0.01%
TRMK	D	0.01%
DK	F	0.01%
BANR	B	0.01%
GEF	F	0.01%
ROAD	B	0.01%
AZTA	C	0.01%
ADUS	B	0.01%
B	B	0.01%
OFG	D	0.01%
OII	F	0.01%
SPB	B	0.01%
PRDO	C	0.01%
OXM	D	0.01%
ENVA	D	0.01%
FRME	D	0.01%
GBX	D	0.01%
THRM	D	0.01%
HTLF	B	0.01%
FTRE	F	0.01%
HRMY	F	0.01%
SGRY	F	0.01%
MRTN	D	0.01%
THS	D	0.01%
STC	D	0.01%
NATL	B	0.01%
ST	C	0.01%
RCM	C	0.01%
SFL	C	0.01%
SRCE	D	0.01%
ODP	F	0.01%
LILAK	B	0.01%
ANDE	D	0.01%
MOS	F	0.01%
APOG	D	0.01%
CBU	D	0.01%
CVBF	F	0.01%
SATS	C	0.0%
MD	D	0.0%
BH	D	0.0%
AMSF	F	0.0%
DLA	F	0.0%
FRST	F	0.0%
FMBH	D	0.0%
CVLY	D	0.0%
ESCA	D	0.0%
TR	F	0.0%
BGS	F	0.0%
IDT	D	0.0%
RVSB	F	0.0%
EDR	A	0.0%
GSIT	F	0.0%
FBMS	F	0.0%
PEBK	B	0.0%
HES	D	0.0%
IRDM	F	0.0%
MPAA	D	0.0%
MBCN	F	0.0%
CVR	D	0.0%
EGY	D	0.0%
MRBK	C	0.0%
UTZ	C	0.0%
RDI	F	0.0%
ENLC	D	0.0%
CIX	F	0.0%
CHMG	C	0.0%
MVBF	D	0.0%
TECH	B	0.0%
AXTI	B	0.0%
SIF	D	0.0%
DRVN	F	0.0%
NATR	F	0.0%
SBFG	C	0.0%
BYD	D	0.0%
ADV	F	0.0%
MASI	C	0.0%
SENEB	C	0.0%
SSYS	F	0.0%
THRY	F	0.0%
CBRL	F	0.0%
GRNT	F	0.0%
NGVC	B	0.0%
HFWA	F	0.0%
BDL	F	0.0%
AGM	D	0.0%
ALCO	D	0.0%
FUNC	D	0.0%
GEF	F	0.0%
HBCP	B	0.0%
AWRE	D	0.0%
OCC	F	0.0%
NUS	D	0.0%
ASTH	B	0.0%
FBIZ	D	0.0%
CPIX	D	0.0%
ESP	C	0.0%
HDSN	F	0.0%
POWL	C	0.0%
ACU	F	0.0%
ULBI	D	0.0%
BLMN	F	0.0%
CVGI	F	0.0%
NVR	C	0.0%
TCMD	F	0.0%
CULP	F	0.0%
THFF	D	0.0%
EGBN	F	0.0%
AMRX	B	0.0%
BSET	D	0.0%
EVBN	C	0.0%
ATLC	C	0.0%
BBY	B	0.0%
CLW	B	0.0%
ZI	F	0.0%
HBIO	F	0.0%
MEG	B	0.0%
VLGEA	D	0.0%
PROV	D	0.0%
PLPC	C	0.0%
TASK	C	0.0%
FRD	C	0.0%
VC	F	0.0%
EVC	F	0.0%
ARKO	C	0.0%
VICR	D	0.0%
HTLD	C	0.0%
CPHC	C	0.0%
NDSN	D	0.0%
UBFO	D	0.0%
LARK	C	0.0%
OIS	F	0.0%
KEQU	B	0.0%
TMP	F	0.0%
STRS	C	0.0%
FEIM	D	0.0%
KTCC	D	0.0%
BHB	C	0.0%
SPWH	F	0.0%
CSPI	D	0.0%
LXU	D	0.0%
EBC	D	0.0%
SBOW	B	0.0%
DOLE	D	0.0%
ULH	D	0.0%
FLXS	D	0.0%
ASRV	D	0.0%
RCUS	B	0.0%
HMNF	B	0.0%
PPIH	B	0.0%
RCMT	F	0.0%
PRM	C	0.0%
EQBK	C	0.0%
DO	B	0.0%
UNFI	C	0.0%
GSBC	D	0.0%
PRA	F	0.0%
WNEB	F	0.0%
AMPS	C	0.0%
NPK	D	0.0%
EPM	F	0.0%
UNTY	D	0.0%
CVGW	F	0.0%
TWIN	F	0.0%
OBK	D	0.0%
TSBK	D	0.0%
HOFT	F	0.0%
AMAL	B	0.0%
TLYS	F	0.0%
LMNR	D	0.0%
NTIC	B	0.0%
TTEC	F	0.0%
OCFC	D	0.0%
CLBK	F	0.0%
ALOT	D	0.0%
VTOL	B	0.0%
CZWI	B	0.0%
CERT	F	0.0%
FMC	F	0.0%
USNA	D	0.0%
NYCB	F	0.0%
MNRO	F	0.0%
CTRN	F	0.0%
PKE	F	0.0%
AHCO	B	0.0%
BANC	D	0.0%
HURC	F	0.0%
HCSG	F	0.0%
GSM	C	0.0%
USM	B	0.0%
CROX	A	0.0%
PRLB	F	0.0%
FWRD	D	0.0%
SGA	F	0.0%
ESSA	D	0.0%
SPOK	D	0.0%
EPAC	B	0.0%
VIRC	A	0.0%
OPY	B	0.0%
RELL	B	0.0%
MCS	D	0.0%
MRCY	D	0.0%
NEU	D	0.0%
AE	F	0.0%
IGT	C	0.0%
STRT	C	0.0%
PUBM	D	0.0%
INBK	D	0.0%
NAPA	D	0.0%
TILE	D	0.0%
SMHI	D	0.0%
COLB	F	0.0%
CMP	F	0.0%
DGICA	F	0.0%
NC	C	0.0%
LOVE	C	0.0%
GDEN	F	0.0%
BFIN	D	0.0%
MBWM	D	0.0%
CMT	F	0.0%
ANIK	B	0.0%
BBSI	B	0.0%
SSP	F	0.0%
INST	B	0.0%
LAKE	B	0.0%
LCUT	C	0.0%
GCO	D	0.0%
AVNW	F	0.0%
NWPX	D	0.0%
BV	B	0.0%
BZH	D	0.0%
ITIC	B	0.0%
OSUR	F	0.0%
CECO	D	0.0%
MCRI	C	0.0%
HBB	D	0.0%
FLWS	B	0.0%
MERC	F	0.0%
USAP	B	0.0%
GRBK	C	0.0%
CPSS	B	0.0%
NGS	D	0.0%
HSTM	B	0.0%
RDUS	F	0.0%
JNJ	F	0.0%
SBSI	D	0.0%
DBRG	F	0.0%
RLGT	C	0.0%
ZUMZ	B	0.0%
UFI	D	0.0%
ARHS	B	0.0%
ATNI	F	0.0%
ALGN	F	0.0%
REVG	B	0.0%
NEOG	B	0.0%
LYTS	D	0.0%
DAKT	B	0.0%
DCOM	F	0.0%
AMBC	F	0.0%
CSGS	F	0.0%
MOFG	F	0.0%
TTI	F	0.0%
EML	D	0.0%
KW	C	0.0%
CFFN	C	0.0%
GENC	B	0.0%
NGVT	F	0.0%
VFC	C	0.0%
FISI	F	0.0%
CSWI	B	0.0%
RYAM	B	0.0%
NBR	F	0.0%
SHBI	F	0.0%
FG	F	0.0%
AMN	D	0.0%
CTOS	F	0.0%
FIGS	D	0.0%
BELFA	B	0.0%
LC	D	0.0%
MCW	C	0.0%
SBLK	C	0.0%
UFPT	B	0.0%
HBI	B	0.0%
DBI	F	0.0%
SRI	F	0.0%
BRY	F	0.0%
MOH	F	0.0%
NRIM	B	0.0%
SAIA	D	0.0%
TITN	F	0.0%
SHEN	D	0.0%
RCKY	B	0.0%
AMED	F	0.0%
SBH	D	0.0%
HAIN	C	0.0%
NFBK	F	0.0%
GPRE	F	0.0%
WSBF	C	0.0%
COLL	D	0.0%
DRQ	F	0.0%
SGC	B	0.0%
RGP	F	0.0%
TFSL	D	0.0%
TBBK	C	0.0%
AVNS	D	0.0%
JOUT	F	0.0%
OI	F	0.0%
MYE	F	0.0%
CHUY	F	0.0%
SASR	B	0.0%
QCRH	D	0.0%
HLIO	C	0.0%
ZIMV	D	0.0%
SENEA	C	0.0%
PTSI	F	0.0%
NIC	D	0.0%
BY	B	0.0%
PLOW	D	0.0%
GABC	C	0.0%
AMPH	F	0.0%
MATW	F	0.0%
CCBG	D	0.0%
HCC	C	0.0%
HOV	D	0.0%
RVLV	D	0.0%
BRKL	F	0.0%
ALGT	F	0.0%
ASC	B	0.0%
TWI	F	0.0%
IMAX	F	0.0%
GLDD	B	0.0%
SRCL	B	0.0%
RYI	F	0.0%
SHYF	D	0.0%
BBW	D	0.0%
PFC	D	0.0%
ODC	D	0.0%
SLCA	B	0.0%
BOH	F	0.0%
MCY	D	0.0%
WLFC	B	0.0%
RIVN	C	0.0%
SPNT	C	0.0%
RICK	F	0.0%
LMB	B	0.0%
CSV	C	0.0%
MOV	D	0.0%
VREX	F	0.0%
ASIX	F	0.0%
VLTO	A	0.0%
GNK	C	0.0%
GDRX	B	0.0%
PETQ	B	0.0%
MSGE	D	0.0%
OMC	D	0.0%
DLX	B	0.0%
CCRN	D	0.0%
HZO	C	0.0%
NWLI	A	0.0%
ZEUS	F	0.0%
LTH	B	0.0%
DFH	D	0.0%
RPAY	B	0.0%
HVT	D	0.0%
FFNW	B	0.0%
DSGR	D	0.0%

DFUV Underweight 164 Positions Relative to FTEC

Symbol	Grade	Weight
MSFT	A	-16.6%
AAPL	B	-15.34%
NVDA	A	-15.26%
AVGO	A	-4.45%
QCOM	A	-1.63%
ADBE	C	-1.47%
ORCL	B	-1.41%
AMAT	A	-1.35%
ACN	F	-1.27%
TXN	B	-1.25%
INTU	C	-1.11%
IBM	C	-1.08%
NOW	C	-1.01%
LRCX	A	-0.96%
KLAC	A	-0.79%
PANW	B	-0.7%
SNPS	B	-0.63%
CRWD	A	-0.62%
APH	A	-0.58%
CDNS	B	-0.58%
ANET	A	-0.57%
NXPI	B	-0.52%
MSI	A	-0.45%
MCHP	C	-0.38%
ADSK	C	-0.35%
SMCI	C	-0.34%
WDAY	F	-0.33%
PLTR	B	-0.33%
FTNT	D	-0.3%
DELL	B	-0.29%
MPWR	A	-0.29%
HPQ	B	-0.28%
SNOW	F	-0.28%
FICO	B	-0.26%
IT	D	-0.26%
CDW	D	-0.24%
DDOG	C	-0.24%
ANSS	C	-0.23%
HUBS	D	-0.23%
MSTR	C	-0.22%
NTAP	A	-0.21%
TEAM	F	-0.2%
TER	B	-0.19%
PTC	D	-0.18%
NET	D	-0.18%
PSTG	A	-0.18%
GDDY	B	-0.18%
STX	A	-0.17%
APP	C	-0.17%
TYL	B	-0.17%
ENPH	C	-0.16%
VRSN	C	-0.15%
ZS	C	-0.15%
MANH	C	-0.13%
JBL	D	-0.13%
MDB	F	-0.13%
DT	F	-0.12%
NTNX	C	-0.12%
ESTC	B	-0.11%
GWRE	B	-0.11%
OLED	B	-0.1%
DOCU	D	-0.1%
BSY	D	-0.1%
LSCC	F	-0.09%
ALTR	A	-0.08%
CVLT	B	-0.08%
NOVT	C	-0.08%
VNT	D	-0.08%
BMI	B	-0.08%
RMBS	D	-0.08%
SMAR	C	-0.08%
MTSI	B	-0.08%
PCOR	F	-0.08%
SPSC	B	-0.08%
CRDO	B	-0.08%
QTWO	C	-0.07%
CFLT	C	-0.07%
POWI	C	-0.07%
ZETA	B	-0.07%
VRNS	C	-0.07%
TENB	F	-0.07%
APPF	D	-0.07%
CWAN	B	-0.07%
QLYS	D	-0.07%
DBX	F	-0.07%
IOT	F	-0.07%
AI	C	-0.07%
HCP	A	-0.07%
SMTC	D	-0.06%
ALRM	D	-0.06%
SEDG	F	-0.06%
RNG	D	-0.06%
ALGM	D	-0.06%
PATH	F	-0.06%
SQSP	A	-0.06%
BLKB	D	-0.06%
FROG	C	-0.06%
WK	F	-0.06%
AMBA	C	-0.06%
TDC	D	-0.06%
GTLB	F	-0.06%
WOLF	C	-0.06%
BOX	D	-0.06%
PI	C	-0.06%
SPT	D	-0.05%
BRZE	F	-0.05%
PDFS	C	-0.05%
NSSC	B	-0.05%
NCNO	C	-0.05%
BL	F	-0.05%
VERX	B	-0.05%
FRSH	F	-0.05%
DOCN	C	-0.05%
FIVN	F	-0.05%
PEGA	D	-0.05%
AGYS	B	-0.05%
RPD	F	-0.05%
RIOT	D	-0.05%
SITM	B	-0.05%
ZUO	C	-0.04%
EVBG	C	-0.04%
PAR	B	-0.04%
EXTR	C	-0.04%
INTA	C	-0.04%
YOU	C	-0.04%
AUR	D	-0.04%
FSLY	F	-0.03%
APPN	F	-0.03%
PDFS	C	-0.03%
ACMR	C	-0.03%
CXM	F	-0.03%
PRO	F	-0.03%
MODN	B	-0.03%
ASAN	F	-0.03%
INFN	C	-0.03%
INDI	C	-0.03%
ARLO	B	-0.03%
SOUN	C	-0.03%
ALKT	B	-0.03%
HCKT	D	-0.02%
GDYN	F	-0.02%
IBUY	C	-0.02%
WULF	B	-0.02%
BASE	F	-0.02%
CIFR	B	-0.02%
JAMF	D	-0.02%
NNBR	F	-0.01%
RBBN	D	-0.01%
LWLG	F	-0.01%
ENFN	F	-0.01%
WEAV	D	-0.01%
AAOI	F	-0.01%
NTGR	B	-0.01%
OSPN	C	-0.01%
SEMR	C	-0.01%
OLO	F	-0.01%
DMRC	C	-0.01%
DJCO	B	-0.01%
CEVA	F	-0.01%
CLFD	C	-0.01%
BIGC	C	-0.01%
LASR	F	-0.01%
YEXT	F	-0.01%
LAW	F	-0.0%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Telecom Services Business Services Capital Markets Computer Systems Semiconductor Memory Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution