FAD vs. VONE ETF Comparison

Comparison of First Trust MuFirst Trust Multi CG AlphaDEX (FAD) to Vanguard Russell 1000 ETF (VONE)

FAD

First Trust MuFirst Trust Multi CG AlphaDEX

FAD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$148.38

Average Daily Volume

4,463

Number of Holdings ^*

640

* may have additional holdings in another (foreign) market

VONE

Vanguard Russell 1000 ETF

VONE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000Â® Index. The index is designed to measure the performance of large-capitalization stocks in the United States. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$272.16

Average Daily Volume

57,338

Number of Holdings ^*

980

* may have additional holdings in another (foreign) market

Performance

Period	FAD	VONE
30 Days	9.58%	3.77%
60 Days	11.65%	5.28%
90 Days	14.77%	7.20%
12 Months	44.05%	33.55%

327 Overlapping Holdings

Symbol	Grade	Weight in FAD	Weight in VONE	Overlap
A	D	0.07%	0.07%	0.07%
AAON	B	0.2%	0.01%	0.01%
AAPL	C	0.17%	6.26%	0.17%
ACGL	D	0.37%	0.07%	0.07%
ADC	B	0.17%	0.01%	0.01%
ADP	B	0.09%	0.23%	0.09%
ADSK	A	0.19%	0.12%	0.12%
AES	F	0.09%	0.02%	0.02%
AFRM	A	0.32%	0.02%	0.02%
AGNC	D	0.08%	0.01%	0.01%
AJG	B	0.26%	0.12%	0.12%
ALL	A	0.44%	0.09%	0.09%
ALLE	D	0.12%	0.02%	0.02%
ALNY	D	0.29%	0.06%	0.06%
ALSN	B	0.25%	0.02%	0.02%
AM	A	0.04%	0.01%	0.01%
AMC	C	0.02%	0.0%	0.0%
AMGN	D	0.15%	0.33%	0.15%
AMP	A	0.41%	0.1%	0.1%
AMT	D	0.21%	0.19%	0.19%
AMZN	C	0.18%	3.3%	0.18%
ANET	C	0.33%	0.19%	0.19%
AON	A	0.09%	0.14%	0.09%
AOS	F	0.07%	0.02%	0.02%
APH	A	0.18%	0.15%	0.15%
APO	B	0.32%	0.14%	0.14%
APP	B	0.96%	0.08%	0.08%
APPF	B	0.04%	0.01%	0.01%
ARES	A	0.18%	0.06%	0.06%
ATI	D	0.18%	0.01%	0.01%
ATR	B	0.09%	0.02%	0.02%
AVB	B	0.08%	0.06%	0.06%
AVGO	D	0.32%	1.47%	0.32%
AWI	A	0.15%	0.01%	0.01%
AXON	A	0.63%	0.06%	0.06%
AXP	A	0.44%	0.29%	0.29%
AXTA	A	0.09%	0.02%	0.02%
AYI	B	0.15%	0.02%	0.02%
AZEK	A	0.12%	0.01%	0.01%
AZO	C	0.17%	0.1%	0.1%
AZTA	D	0.02%	0.0%	0.0%
BAH	F	0.29%	0.04%	0.04%
BFAM	D	0.16%	0.01%	0.01%
BK	A	0.46%	0.11%	0.11%
BKNG	A	0.29%	0.3%	0.29%
BLD	D	0.15%	0.02%	0.02%
BR	A	0.26%	0.05%	0.05%
BRBR	A	0.15%	0.02%	0.02%
BRK.A	B	0.25%	1.57%	0.25%
BRKR	D	0.03%	0.01%	0.01%
BRO	B	0.36%	0.05%	0.05%
BRX	A	0.09%	0.02%	0.02%
BSX	B	0.36%	0.24%	0.24%
BURL	A	0.44%	0.03%	0.03%
BWXT	B	0.15%	0.02%	0.02%
CACI	D	0.18%	0.02%	0.02%
CASY	A	0.27%	0.03%	0.03%
CAT	B	0.33%	0.35%	0.33%
CBOE	B	0.17%	0.04%	0.04%
CBSH	A	0.1%	0.01%	0.01%
CCI	D	0.07%	0.09%	0.07%
CCL	B	0.45%	0.04%	0.04%
CEG	D	0.37%	0.16%	0.16%
CFR	B	0.1%	0.01%	0.01%
CHD	B	0.09%	0.05%	0.05%
CHDN	B	0.09%	0.02%	0.02%
CHE	D	0.04%	0.02%	0.02%
CHH	A	0.05%	0.01%	0.01%
CL	D	0.22%	0.15%	0.15%
CLH	B	0.13%	0.02%	0.02%
CMG	B	0.08%	0.14%	0.08%
CNM	D	0.04%	0.02%	0.02%
COHR	B	0.22%	0.02%	0.02%
COIN	C	0.31%	0.07%	0.07%
COKE	C	0.19%	0.01%	0.01%
COST	B	0.35%	0.74%	0.35%
CPAY	A	0.2%	0.04%	0.04%
CPNG	D	0.42%	0.06%	0.06%
CPT	B	0.08%	0.02%	0.02%
CRM	B	0.1%	0.52%	0.1%
CROX	D	0.08%	0.01%	0.01%
CRUS	D	0.1%	0.01%	0.01%
CRWD	B	0.1%	0.13%	0.1%
CSL	C	0.24%	0.04%	0.04%
CTAS	B	0.35%	0.14%	0.14%
CUBE	D	0.08%	0.02%	0.02%
CVNA	B	0.59%	0.05%	0.05%
CW	B	0.22%	0.02%	0.02%
DASH	A	0.51%	0.1%	0.1%
DAY	B	0.05%	0.02%	0.02%
DBX	B	0.09%	0.01%	0.01%
DCI	B	0.04%	0.02%	0.02%
DECK	A	0.27%	0.05%	0.05%
DELL	C	0.19%	0.06%	0.06%
DKNG	B	0.09%	0.03%	0.03%
DKS	C	0.12%	0.02%	0.02%
DLR	B	0.09%	0.11%	0.09%
DOCS	C	0.14%	0.01%	0.01%
DOCU	A	0.16%	0.03%	0.03%
DOV	A	0.18%	0.05%	0.05%
DT	C	0.12%	0.03%	0.03%
DTM	B	0.11%	0.02%	0.02%
DUOL	A	0.23%	0.02%	0.02%
DVA	B	0.2%	0.01%	0.01%
ECL	D	0.24%	0.12%	0.12%
EEFT	B	0.09%	0.01%	0.01%
EFX	F	0.21%	0.06%	0.06%
EGP	F	0.04%	0.02%	0.02%
EHC	B	0.17%	0.02%	0.02%
ELAN	D	0.04%	0.01%	0.01%
EME	C	0.49%	0.04%	0.04%
EPR	D	0.04%	0.01%	0.01%
EQIX	A	0.08%	0.16%	0.08%
ESAB	B	0.1%	0.01%	0.01%
ESI	A	0.04%	0.01%	0.01%
ESS	B	0.08%	0.03%	0.03%
ETN	A	0.18%	0.25%	0.18%
EWBC	A	0.21%	0.03%	0.03%
EXEL	B	0.22%	0.02%	0.02%
EXP	A	0.17%	0.02%	0.02%
EXPE	B	0.51%	0.04%	0.04%
EXR	D	0.15%	0.07%	0.07%
FAST	B	0.09%	0.09%	0.09%
FCN	D	0.07%	0.01%	0.01%
FCNCA	A	0.4%	0.04%	0.04%
FFIV	B	0.14%	0.03%	0.03%
FI	A	0.4%	0.22%	0.22%
FICO	B	0.49%	0.09%	0.09%
FIX	A	0.24%	0.03%	0.03%
FLS	B	0.14%	0.01%	0.01%
FND	C	0.07%	0.02%	0.02%
FOUR	B	0.24%	0.01%	0.01%
FR	D	0.04%	0.01%	0.01%
FRPT	B	0.18%	0.01%	0.01%
FSLR	F	0.33%	0.04%	0.04%
FTNT	C	0.29%	0.09%	0.09%
GAP	B	0.08%	0.01%	0.01%
GDDY	A	0.5%	0.04%	0.04%
GE	D	0.32%	0.36%	0.32%
GEN	B	0.36%	0.03%	0.03%
GLPI	C	0.08%	0.02%	0.02%
GME	C	0.1%	0.02%	0.02%
GMED	A	0.19%	0.02%	0.02%
GOOGL	C	0.09%	1.92%	0.09%
GPK	C	0.08%	0.02%	0.02%
GPN	B	0.09%	0.05%	0.05%
GRMN	B	0.4%	0.06%	0.06%
GS	A	0.5%	0.31%	0.31%
GWRE	A	0.18%	0.03%	0.03%
GWW	B	0.28%	0.09%	0.09%
H	B	0.04%	0.01%	0.01%
HCA	F	0.35%	0.13%	0.13%
HEI	B	0.44%	0.02%	0.02%
HEI	B	0.44%	0.03%	0.03%
HLI	B	0.19%	0.02%	0.02%
HLT	A	0.27%	0.11%	0.11%
HOOD	B	0.5%	0.03%	0.03%
HRB	D	0.16%	0.02%	0.02%
HUBB	B	0.26%	0.04%	0.04%
HWM	A	0.48%	0.08%	0.08%
IBKR	A	0.22%	0.03%	0.03%
IBM	C	0.32%	0.36%	0.32%
ICE	C	0.24%	0.17%	0.17%
INSP	D	0.1%	0.01%	0.01%
IR	B	0.17%	0.07%	0.07%
IRDM	D	0.02%	0.01%	0.01%
IRM	D	0.41%	0.07%	0.07%
ISRG	A	0.27%	0.34%	0.27%
IT	C	0.17%	0.07%	0.07%
ITCI	C	0.09%	0.02%	0.02%
ITT	A	0.17%	0.02%	0.02%
ITW	B	0.08%	0.15%	0.08%
JPM	A	0.39%	1.21%	0.39%
KD	B	0.05%	0.01%	0.01%
KEX	C	0.17%	0.01%	0.01%
KKR	A	0.49%	0.18%	0.18%
KLAC	D	0.07%	0.17%	0.07%
KMB	D	0.08%	0.09%	0.08%
KNSL	B	0.08%	0.02%	0.02%
KO	D	0.15%	0.48%	0.15%
LAMR	D	0.08%	0.02%	0.02%
LCID	F	0.03%	0.0%	0.0%
LII	A	0.35%	0.04%	0.04%
LIN	D	0.08%	0.42%	0.08%
LITE	B	0.09%	0.01%	0.01%
LLY	F	0.14%	1.27%	0.14%
LNW	D	0.04%	0.02%	0.02%
LOPE	B	0.05%	0.01%	0.01%
LPLA	A	0.11%	0.04%	0.04%
LVS	C	0.24%	0.04%	0.04%
LYFT	C	0.06%	0.01%	0.01%
LYV	A	0.41%	0.03%	0.03%
MA	C	0.09%	0.79%	0.09%
MANH	D	0.24%	0.03%	0.03%
MAR	B	0.19%	0.11%	0.11%
MASI	A	0.05%	0.01%	0.01%
MCD	D	0.16%	0.4%	0.16%
MCO	B	0.25%	0.14%	0.14%
MEDP	D	0.04%	0.02%	0.02%
META	D	0.33%	2.37%	0.33%
MKL	A	0.09%	0.04%	0.04%
MKTX	D	0.09%	0.02%	0.02%
MMC	B	0.17%	0.21%	0.17%
MO	A	0.19%	0.18%	0.18%
MORN	B	0.04%	0.02%	0.02%
MPWR	F	0.11%	0.07%	0.07%
MSCI	C	0.08%	0.08%	0.08%
MSGS	A	0.09%	0.01%	0.01%
MSI	B	0.37%	0.14%	0.14%
MSTR	C	0.19%	0.07%	0.07%
MTCH	D	0.1%	0.02%	0.02%
MTD	D	0.06%	0.05%	0.05%
MU	D	0.08%	0.21%	0.08%
NCLH	B	0.16%	0.02%	0.02%
NDAQ	A	0.27%	0.06%	0.06%
NEE	D	0.31%	0.31%	0.31%
NEU	C	0.04%	0.01%	0.01%
NFLX	A	0.29%	0.62%	0.29%
NNN	D	0.04%	0.01%	0.01%
NOW	A	0.38%	0.37%	0.37%
NRG	B	0.43%	0.04%	0.04%
NSA	D	0.06%	0.01%	0.01%
NTAP	C	0.24%	0.05%	0.05%
NTNX	A	0.05%	0.03%	0.03%
NTRA	B	0.25%	0.03%	0.03%
NTRS	A	0.41%	0.04%	0.04%
NVDA	C	0.39%	5.92%	0.39%
NYT	C	0.12%	0.02%	0.02%
O	D	0.15%	0.1%	0.1%
OHI	C	0.12%	0.02%	0.02%
OLLI	D	0.12%	0.01%	0.01%
ORCL	B	0.37%	0.5%	0.37%
ORLY	B	0.18%	0.13%	0.13%
OTIS	C	0.16%	0.08%	0.08%
OWL	A	0.05%	0.02%	0.02%
PANW	C	0.19%	0.21%	0.19%
PAYC	B	0.05%	0.02%	0.02%
PAYX	C	0.09%	0.09%	0.09%
PCG	A	0.36%	0.08%	0.08%
PCTY	B	0.1%	0.02%	0.02%
PEG	A	0.34%	0.08%	0.08%
PEGA	A	0.19%	0.01%	0.01%
PG	A	0.08%	0.74%	0.08%
PGR	A	0.43%	0.27%	0.27%
PH	A	0.37%	0.15%	0.15%
PLNT	A	0.15%	0.01%	0.01%
PLTR	B	0.69%	0.16%	0.16%
PM	B	0.37%	0.39%	0.37%
PODD	C	0.19%	0.03%	0.03%
PRI	A	0.14%	0.02%	0.02%
PSA	D	0.23%	0.1%	0.1%
PSN	D	0.19%	0.01%	0.01%
PWR	A	0.46%	0.08%	0.08%
QCOM	F	0.08%	0.35%	0.08%
RARE	D	0.1%	0.01%	0.01%
RBC	A	0.04%	0.02%	0.02%
RBLX	C	0.39%	0.05%	0.05%
RCL	A	0.55%	0.09%	0.09%
REG	B	0.09%	0.03%	0.03%
RGLD	C	0.04%	0.02%	0.02%
RIVN	F	0.15%	0.02%	0.02%
RL	B	0.18%	0.02%	0.02%
RLI	B	0.09%	0.01%	0.01%
RMD	C	0.33%	0.07%	0.07%
RNG	B	0.08%	0.01%	0.01%
ROIV	C	0.04%	0.01%	0.01%
ROL	B	0.17%	0.03%	0.03%
ROST	C	0.16%	0.09%	0.09%
RSG	A	0.18%	0.08%	0.08%
RYAN	B	0.13%	0.01%	0.01%
S	B	0.14%	0.01%	0.01%
SBAC	D	0.08%	0.05%	0.05%
SCI	B	0.14%	0.02%	0.02%
SHW	A	0.33%	0.16%	0.16%
SMG	D	0.14%	0.01%	0.01%
SO	D	0.24%	0.19%	0.19%
SOFI	A	0.3%	0.02%	0.02%
SPG	B	0.18%	0.1%	0.1%
SPGI	C	0.24%	0.29%	0.24%
SSD	D	0.04%	0.01%	0.01%
SYK	C	0.09%	0.25%	0.09%
TDG	D	0.3%	0.13%	0.13%
TECH	D	0.03%	0.02%	0.02%
THC	D	0.39%	0.03%	0.03%
TJX	A	0.25%	0.24%	0.24%
TKO	B	0.17%	0.02%	0.02%
TMUS	B	0.39%	0.21%	0.21%
TNL	A	0.06%	0.01%	0.01%
TOST	B	0.23%	0.03%	0.03%
TPG	A	0.19%	0.01%	0.01%
TPL	A	0.39%	0.04%	0.04%
TRGP	B	0.57%	0.07%	0.07%
TRMB	B	0.05%	0.03%	0.03%
TSCO	D	0.23%	0.05%	0.05%
TSLA	B	0.22%	1.32%	0.22%
TT	A	0.44%	0.16%	0.16%
TTD	B	0.26%	0.1%	0.1%
TTEK	F	0.18%	0.02%	0.02%
TW	A	0.13%	0.03%	0.03%
TXRH	C	0.18%	0.02%	0.02%
TYL	C	0.25%	0.05%	0.05%
U	C	0.03%	0.01%	0.01%
UBER	D	0.23%	0.28%	0.23%
UDR	B	0.04%	0.03%	0.03%
URI	B	0.43%	0.1%	0.1%
UTHR	C	0.42%	0.03%	0.03%
VICI	C	0.16%	0.06%	0.06%
VLTO	D	0.23%	0.05%	0.05%
VRT	B	0.52%	0.07%	0.07%
VRTX	F	0.08%	0.23%	0.08%
VST	B	0.52%	0.08%	0.08%
VTR	C	0.42%	0.05%	0.05%
WAB	B	0.45%	0.06%	0.06%
WAT	B	0.08%	0.04%	0.04%
WDAY	B	0.09%	0.09%	0.09%
WELL	A	0.26%	0.16%	0.16%
WEN	D	0.02%	0.01%	0.01%
WING	D	0.1%	0.02%	0.02%
WM	A	0.09%	0.16%	0.09%
WMB	A	0.21%	0.12%	0.12%
WSM	B	0.15%	0.03%	0.03%
WSO	A	0.26%	0.03%	0.03%
WTM	A	0.09%	0.01%	0.01%
WWD	B	0.12%	0.02%	0.02%
WYNN	D	0.12%	0.02%	0.02%
XYL	D	0.22%	0.06%	0.06%
ZTS	D	0.07%	0.16%	0.07%

FAD Overweight 314 Positions Relative to VONE

Symbol	Grade	Weight
ERIE	D	0.32%
SFM	A	0.27%
AX	A	0.26%
PIPR	B	0.25%
QTWO	A	0.25%
HLNE	B	0.24%
CORT	B	0.24%
RDNT	B	0.24%
RKLB	B	0.24%
SFBS	B	0.24%
KTB	B	0.23%
CSWI	A	0.23%
CRS	A	0.23%
KNF	A	0.22%
ACIW	B	0.22%
MOG.A	B	0.22%
CVLT	B	0.22%
ITRI	B	0.22%
DY	D	0.21%
ENSG	D	0.21%
IOT	A	0.21%
MOD	A	0.2%
AIT	A	0.2%
LTH	C	0.2%
FFIN	B	0.19%
HIMS	C	0.19%
EAT	A	0.19%
EXLS	B	0.19%
MMSI	B	0.18%
CRVL	A	0.18%
SLG	B	0.18%
BOOT	D	0.17%
PAYO	A	0.17%
ANF	C	0.17%
ITGR	B	0.17%
AUR	C	0.17%
ROAD	A	0.16%
IDCC	B	0.16%
POWL	C	0.16%
IESC	B	0.16%
FSS	B	0.16%
CBT	C	0.16%
BMI	B	0.16%
EPRT	B	0.16%
PRIM	A	0.16%
AVAV	D	0.16%
BCO	D	0.16%
CRDO	B	0.16%
TRUP	B	0.15%
GVA	A	0.15%
KAI	A	0.15%
LMND	B	0.15%
IBOC	A	0.15%
WWW	B	0.15%
TGTX	B	0.15%
STRL	B	0.15%
PI	D	0.14%
FTDR	A	0.14%
PRCT	B	0.14%
ZETA	D	0.14%
STEP	B	0.14%
WHD	B	0.14%
CNK	B	0.14%
IBP	D	0.14%
ATGE	B	0.14%
PJT	A	0.14%
MCY	A	0.14%
USLM	A	0.14%
HOMB	A	0.14%
ONB	B	0.14%
LRN	A	0.14%
ENVA	B	0.14%
QCRH	A	0.14%
WULF	C	0.14%
LNTH	D	0.14%
TBBK	B	0.13%
BDC	B	0.13%
REVG	B	0.13%
ACLX	C	0.13%
GSHD	A	0.13%
AXSM	B	0.13%
BOX	B	0.13%
TRN	B	0.13%
VCYT	B	0.13%
CNS	B	0.13%
HASI	D	0.13%
RYTM	C	0.13%
CHEF	A	0.12%
HWKN	B	0.12%
ADMA	B	0.12%
NHC	C	0.12%
DSGR	D	0.12%
SKWD	A	0.12%
SLVM	B	0.12%
AMRX	C	0.12%
CALM	A	0.12%
SBRA	C	0.12%
HNI	B	0.12%
PBI	B	0.12%
SKYW	B	0.12%
HALO	F	0.12%
LMAT	A	0.11%
KYMR	D	0.11%
PTGX	C	0.11%
MWA	B	0.11%
OSW	A	0.11%
VRNS	D	0.11%
PRK	B	0.11%
NBHC	B	0.11%
PLMR	B	0.11%
PRM	C	0.11%
ALKT	B	0.11%
VCTR	B	0.11%
RNA	D	0.11%
INTA	A	0.11%
ALHC	C	0.11%
SYBT	B	0.11%
DORM	B	0.11%
INSM	C	0.11%
CWAN	B	0.11%
CDE	D	0.11%
AGIO	C	0.11%
PTON	B	0.11%
SATS	D	0.11%
SGBX	F	0.11%
OUT	A	0.1%
LFST	C	0.1%
AORT	B	0.1%
SMTC	B	0.1%
CENX	B	0.1%
SABR	C	0.1%
RVMD	C	0.1%
CPRX	C	0.1%
CCOI	B	0.1%
PTCT	B	0.1%
JANX	C	0.1%
MIRM	B	0.1%
CRAI	B	0.1%
MNKD	C	0.1%
TGLS	B	0.1%
CHWY	B	0.1%
TMDX	F	0.09%
ORA	B	0.09%
IRT	A	0.09%
RHP	B	0.09%
GKOS	B	0.09%
NMIH	D	0.09%
WTTR	B	0.09%
BCRX	D	0.09%
CWST	A	0.09%
OSCR	D	0.09%
VERX	B	0.09%
RUN	F	0.09%
YOU	D	0.09%
PRGS	A	0.09%
FBP	B	0.09%
NPAB	B	0.09%
BLBD	D	0.08%
UE	C	0.08%
HURN	B	0.08%
CHCO	B	0.08%
OII	B	0.08%
HRMY	D	0.08%
ESE	B	0.08%
SHAK	C	0.08%
MGNI	A	0.08%
VITL	D	0.08%
GERN	D	0.08%
BLKB	B	0.08%
CIFR	B	0.08%
BPMC	C	0.08%
CTRE	D	0.08%
BANF	B	0.08%
CAKE	C	0.08%
BGC	C	0.08%
WT	B	0.08%
APOG	B	0.08%
SITM	B	0.08%
GABC	B	0.08%
CARG	C	0.08%
SEMR	B	0.08%
BCPC	B	0.08%
ASTH	D	0.08%
MBIN	D	0.08%
KRG	B	0.08%
UFPT	B	0.08%
PMT	D	0.07%
CWT	D	0.07%
WRBY	B	0.07%
VRRM	D	0.07%
ESRT	C	0.07%
NRIX	D	0.07%
EXPO	D	0.07%
KN	B	0.07%
OSIS	B	0.07%
AAT	B	0.07%
COLL	F	0.07%
AZZ	B	0.07%
KTOS	B	0.07%
GFF	A	0.07%
IIPR	D	0.06%
MGEE	C	0.06%
DRVN	B	0.06%
GTLS	B	0.06%
AROC	B	0.06%
HEES	B	0.06%
ICFI	F	0.06%
BLFS	C	0.06%
HLIT	D	0.06%
CEIX	A	0.06%
CLSK	C	0.06%
FLNC	C	0.06%
ADUS	D	0.06%
ASPN	F	0.06%
KNTK	B	0.06%
IOVA	F	0.06%
DOCN	D	0.06%
AMPH	D	0.06%
BRC	D	0.06%
TWST	D	0.06%
NHI	D	0.06%
CMPR	D	0.05%
GTX	D	0.05%
AESI	B	0.05%
SXT	B	0.05%
JJSF	B	0.05%
IAS	C	0.05%
MARA	C	0.05%
UMH	C	0.05%
KW	B	0.05%
AIV	C	0.05%
SCS	C	0.05%
FCPT	C	0.05%
CDP	C	0.05%
SWI	B	0.05%
GATX	A	0.05%
TNDM	F	0.05%
OCUL	D	0.05%
GTY	B	0.05%
ARQT	C	0.05%
NEO	C	0.05%
NXRT	B	0.05%
CPK	A	0.05%
MAC	B	0.05%
WDFC	B	0.05%
ACVA	B	0.05%
SKT	B	0.05%
BANC	A	0.05%
GH	B	0.05%
AGM	C	0.05%
LGND	B	0.05%
SXI	B	0.05%
AGYS	A	0.05%
BKD	D	0.05%
LKFN	B	0.05%
EPAC	B	0.05%
CDRE	D	0.04%
HUMA	F	0.04%
MYGN	F	0.04%
PHR	F	0.04%
DNLI	D	0.04%
IPAR	B	0.04%
EVH	F	0.04%
ALX	D	0.04%
RXST	F	0.04%
ELME	D	0.04%
MAIN	A	0.04%
CRNX	C	0.04%
NVAX	F	0.04%
HLX	B	0.04%
ANIP	F	0.04%
GOLF	B	0.04%
MLNK	B	0.03%
PLAY	D	0.03%
APPN	B	0.03%
APAM	B	0.03%
SMPL	B	0.03%
ACAD	D	0.03%
CTS	C	0.03%
CARS	B	0.03%
WABC	B	0.03%
CBZ	B	0.03%
TDW	F	0.03%
SOUN	C	0.03%
PAR	B	0.03%
MIR	A	0.03%
TGI	B	0.03%
ARDX	F	0.03%
CLDX	F	0.02%
RLAY	F	0.02%
XPRO	F	0.02%
LPG	F	0.02%
VECO	F	0.02%
JAMF	F	0.02%
JOE	F	0.02%
GNL	F	0.02%
NSSC	D	0.02%
PZZA	D	0.02%
TNC	D	0.02%
FOLD	F	0.02%
ENVX	F	0.02%
RRR	D	0.02%
ARLO	C	0.02%
BXMT	C	0.02%
BEAM	D	0.02%
FBRT	C	0.02%
AWR	B	0.02%
YELP	C	0.02%
THR	B	0.02%
STRA	C	0.02%
LTC	B	0.02%
TR	B	0.02%
BL	B	0.02%
CLB	B	0.02%

FAD Underweight 653 Positions Relative to VONE

Symbol	Grade	Weight
MSFT	F	-5.76%
GOOG	C	-1.62%
XOM	B	-1.0%
UNH	C	-0.99%
V	A	-0.87%
JNJ	D	-0.74%
HD	A	-0.74%
ABBV	D	-0.69%
WMT	A	-0.68%
BAC	A	-0.54%
CVX	A	-0.49%
MRK	F	-0.49%
PEP	F	-0.44%
AMD	F	-0.44%
WFC	A	-0.43%
CSCO	B	-0.42%
ACN	C	-0.41%
TMO	F	-0.4%
ADBE	C	-0.4%
ABT	B	-0.37%
TXN	C	-0.35%
DIS	B	-0.34%
VZ	C	-0.34%
INTU	C	-0.32%
CMCSA	B	-0.32%
PFE	D	-0.31%
RTX	C	-0.31%
T	A	-0.31%
DHR	F	-0.3%
LOW	D	-0.29%
AMAT	F	-0.29%
BLK	C	-0.28%
UNP	C	-0.27%
HON	B	-0.26%
MS	A	-0.26%
COP	C	-0.24%
BX	A	-0.23%
C	A	-0.23%
BMY	B	-0.22%
CB	C	-0.22%
MDT	D	-0.22%
LMT	D	-0.22%
SBUX	A	-0.21%
ADI	D	-0.21%
GILD	C	-0.21%
BA	F	-0.2%
PLD	D	-0.2%
SCHW	B	-0.2%
UPS	C	-0.19%
DE	A	-0.19%
MDLZ	F	-0.18%
NKE	D	-0.18%
ELV	F	-0.18%
LRCX	F	-0.18%
REGN	F	-0.17%
CI	F	-0.17%
DUK	C	-0.17%
INTC	D	-0.17%
GEV	B	-0.16%
SNPS	B	-0.15%
GD	F	-0.15%
CME	A	-0.15%
PYPL	B	-0.15%
MMM	D	-0.14%
CVS	D	-0.14%
PNC	B	-0.14%
CDNS	B	-0.14%
USB	A	-0.14%
CSX	B	-0.13%
BDX	F	-0.13%
MRVL	B	-0.13%
APD	A	-0.13%
TGT	F	-0.13%
EOG	A	-0.13%
NOC	D	-0.13%
CARR	D	-0.12%
COF	B	-0.12%
EMR	A	-0.12%
FDX	B	-0.12%
FCX	D	-0.12%
MCK	B	-0.12%
TRV	B	-0.11%
OKE	A	-0.11%
NSC	B	-0.11%
SPOT	B	-0.11%
GM	B	-0.11%
SLB	C	-0.11%
ROP	B	-0.11%
TFC	A	-0.11%
AFL	B	-0.11%
ABNB	C	-0.11%
DHI	D	-0.1%
D	C	-0.1%
FIS	C	-0.1%
JCI	C	-0.1%
PSX	C	-0.1%
MPC	D	-0.1%
AEP	D	-0.1%
NEM	D	-0.1%
SRE	A	-0.1%
PCAR	B	-0.1%
CPRT	A	-0.09%
CMI	A	-0.09%
MET	A	-0.09%
LHX	C	-0.09%
KMI	A	-0.09%
NU	C	-0.09%
AIG	B	-0.09%
ODFL	B	-0.08%
EW	C	-0.08%
SQ	A	-0.08%
EA	A	-0.08%
CBRE	B	-0.08%
F	C	-0.08%
VLO	C	-0.08%
LEN	D	-0.08%
AME	A	-0.08%
CTVA	C	-0.08%
KVUE	A	-0.08%
LNG	B	-0.08%
PRU	A	-0.08%
DD	D	-0.07%
HPQ	A	-0.07%
DOW	F	-0.07%
ED	D	-0.07%
LULU	C	-0.07%
GLW	B	-0.07%
MLM	B	-0.07%
SNOW	C	-0.07%
VMC	B	-0.07%
KR	B	-0.07%
STZ	D	-0.07%
KDP	D	-0.07%
DAL	C	-0.07%
CTSH	B	-0.07%
IQV	D	-0.07%
YUM	B	-0.07%
XEL	A	-0.07%
DFS	B	-0.07%
SYY	B	-0.07%
DDOG	A	-0.07%
HES	B	-0.07%
COR	B	-0.07%
GIS	D	-0.07%
MNST	C	-0.07%
BKR	B	-0.07%
GEHC	F	-0.07%
MCHP	F	-0.07%
EXC	C	-0.07%
VRSK	A	-0.07%
PPG	F	-0.06%
EBAY	D	-0.06%
CSGP	D	-0.06%
KHC	F	-0.06%
TEAM	A	-0.06%
FITB	A	-0.06%
WEC	A	-0.06%
ON	D	-0.06%
ROK	B	-0.06%
CHTR	C	-0.06%
VEEV	C	-0.06%
WTW	B	-0.06%
HUM	C	-0.06%
EIX	B	-0.06%
HIG	B	-0.06%
MTB	A	-0.06%
CNC	D	-0.06%
ETR	B	-0.06%
FANG	D	-0.06%
OXY	D	-0.06%
IDXX	F	-0.06%
NUE	C	-0.06%
PPL	B	-0.05%
FE	C	-0.05%
TROW	B	-0.05%
DVN	F	-0.05%
HAL	C	-0.05%
LDOS	C	-0.05%
FTV	C	-0.05%
CDW	F	-0.05%
HPE	B	-0.05%
BIIB	F	-0.05%
IFF	D	-0.05%
UAL	A	-0.05%
DTE	C	-0.05%
HSY	F	-0.05%
KEYS	A	-0.05%
NVR	D	-0.05%
NET	B	-0.05%
ADM	D	-0.05%
SW	A	-0.05%
CAH	B	-0.05%
EQR	B	-0.05%
PHM	D	-0.05%
AWK	D	-0.05%
HUBS	A	-0.05%
ANSS	B	-0.05%
TTWO	A	-0.05%
STT	A	-0.05%
RJF	A	-0.05%
DXCM	D	-0.05%
MOH	F	-0.04%
HOLX	D	-0.04%
CFG	B	-0.04%
PFG	D	-0.04%
CNP	B	-0.04%
DRI	B	-0.04%
MDB	C	-0.04%
LH	C	-0.04%
PINS	D	-0.04%
IP	B	-0.04%
INVH	D	-0.04%
ARE	D	-0.04%
STLD	B	-0.04%
ZBRA	B	-0.04%
TRU	D	-0.04%
CLX	B	-0.04%
BBY	D	-0.04%
OMC	C	-0.04%
ZM	B	-0.04%
WBD	C	-0.04%
MKC	D	-0.04%
PKG	A	-0.04%
BLDR	D	-0.04%
CMS	C	-0.04%
TDY	B	-0.04%
ATO	A	-0.04%
K	A	-0.04%
WDC	D	-0.04%
CINF	A	-0.04%
SYF	B	-0.04%
EQT	B	-0.04%
STE	F	-0.04%
ZBH	C	-0.04%
RF	A	-0.04%
PTC	A	-0.04%
WST	C	-0.04%
LYB	F	-0.04%
HBAN	A	-0.04%
WY	D	-0.04%
ILMN	D	-0.04%
ES	D	-0.04%
AEE	A	-0.04%
DLTR	F	-0.03%
JKHY	D	-0.03%
TWLO	A	-0.03%
POOL	C	-0.03%
EVRG	A	-0.03%
CE	F	-0.03%
RNR	C	-0.03%
GGG	B	-0.03%
CAG	D	-0.03%
JBL	B	-0.03%
VTRS	A	-0.03%
RGA	A	-0.03%
NDSN	B	-0.03%
SWKS	F	-0.03%
USFD	A	-0.03%
ACM	B	-0.03%
SWK	D	-0.03%
L	A	-0.03%
DPZ	C	-0.03%
SMCI	F	-0.03%
RVTY	F	-0.03%
EQH	B	-0.03%
VRSN	F	-0.03%
TXT	D	-0.03%
JBHT	C	-0.03%
CF	B	-0.03%
XPO	B	-0.03%
SSNC	B	-0.03%
AKAM	D	-0.03%
TOL	B	-0.03%
AVTR	F	-0.03%
EG	C	-0.03%
OC	A	-0.03%
MRO	B	-0.03%
LNT	A	-0.03%
RBA	A	-0.03%
PSTG	D	-0.03%
ALGN	F	-0.03%
APTV	D	-0.03%
FNF	B	-0.03%
KIM	A	-0.03%
ENTG	D	-0.03%
NI	A	-0.03%
DOC	D	-0.03%
EL	F	-0.03%
KEY	B	-0.03%
GPC	D	-0.03%
AMCR	D	-0.03%
RPM	A	-0.03%
IEX	B	-0.03%
RS	B	-0.03%
SUI	D	-0.03%
PNR	A	-0.03%
TSN	B	-0.03%
ZS	C	-0.03%
AVY	D	-0.03%
TER	D	-0.03%
WRB	A	-0.03%
EXPD	D	-0.03%
SNA	A	-0.03%
DGX	A	-0.03%
FDS	B	-0.03%
MAS	D	-0.03%
MAA	B	-0.03%
J	F	-0.03%
DG	F	-0.03%
MRNA	F	-0.03%
ULTA	F	-0.03%
CTRA	B	-0.03%
BALL	D	-0.03%
BAX	D	-0.03%
LUV	C	-0.03%
OGE	B	-0.02%
CRBG	B	-0.02%
TPX	B	-0.02%
PNFP	B	-0.02%
KNX	B	-0.02%
ROKU	D	-0.02%
FMC	D	-0.02%
BERY	B	-0.02%
VOYA	B	-0.02%
CMA	A	-0.02%
TTC	D	-0.02%
SKX	D	-0.02%
WCC	B	-0.02%
PEN	B	-0.02%
MGM	D	-0.02%
OLED	D	-0.02%
APA	D	-0.02%
MOS	F	-0.02%
CZR	F	-0.02%
INGR	B	-0.02%
X	C	-0.02%
SNX	C	-0.02%
WBS	A	-0.02%
ORI	A	-0.02%
HRL	D	-0.02%
GLOB	B	-0.02%
FYBR	D	-0.02%
LAD	A	-0.02%
KBR	F	-0.02%
AAL	B	-0.02%
WAL	B	-0.02%
LBRDK	C	-0.02%
HSIC	B	-0.02%
CPB	D	-0.02%
Z	A	-0.02%
PR	B	-0.02%
CRL	C	-0.02%
REXR	F	-0.02%
HAS	D	-0.02%
FRT	B	-0.02%
CIEN	B	-0.02%
MUSA	A	-0.02%
AFG	A	-0.02%
GL	B	-0.02%
QGEN	D	-0.02%
TFX	F	-0.02%
FOXA	B	-0.02%
TAP	C	-0.02%
FHN	A	-0.02%
SCCO	F	-0.02%
EVR	B	-0.02%
ALLY	C	-0.02%
WTRG	B	-0.02%
ONTO	D	-0.02%
GNRC	B	-0.02%
LKQ	D	-0.02%
ARMK	B	-0.02%
CNH	C	-0.02%
DOX	D	-0.02%
SOLV	C	-0.02%
PNW	B	-0.02%
AIZ	A	-0.02%
AA	B	-0.02%
SF	B	-0.02%
FBIN	D	-0.02%
WMS	D	-0.02%
EPAM	C	-0.02%
CTLT	B	-0.02%
OVV	B	-0.02%
RPRX	D	-0.02%
LECO	B	-0.02%
TPR	B	-0.02%
NWSA	B	-0.02%
JEF	A	-0.02%
ENPH	F	-0.02%
CCK	C	-0.02%
ALB	C	-0.02%
BJ	A	-0.02%
CG	A	-0.02%
RRX	B	-0.02%
IPG	D	-0.02%
LW	C	-0.02%
KMX	B	-0.02%
SRPT	D	-0.02%
FTI	A	-0.02%
SJM	D	-0.02%
OKTA	C	-0.02%
INCY	C	-0.02%
CHRW	C	-0.02%
UHS	D	-0.02%
BG	F	-0.02%
UNM	A	-0.02%
WPC	D	-0.02%
AMH	D	-0.02%
HST	C	-0.02%
NBIX	C	-0.02%
EMN	D	-0.02%
NVT	B	-0.02%
PFGC	B	-0.02%
EXAS	D	-0.02%
BXP	D	-0.02%
BMRN	D	-0.02%
JLL	D	-0.02%
JNPR	F	-0.02%
ELS	C	-0.02%
SAIA	B	-0.02%
COLM	B	-0.01%
SAM	C	-0.01%
VAC	B	-0.01%
CACC	D	-0.01%
CLVT	F	-0.01%
CXT	B	-0.01%
CWEN	C	-0.01%
CC	C	-0.01%
APLS	D	-0.01%
PAG	B	-0.01%
COTY	F	-0.01%
MPW	F	-0.01%
NWS	A	-0.01%
AMKR	D	-0.01%
PK	B	-0.01%
BHF	B	-0.01%
PENN	C	-0.01%
MAN	D	-0.01%
AMED	F	-0.01%
YETI	C	-0.01%
NCNO	B	-0.01%
FHB	A	-0.01%
ZG	A	-0.01%
TDC	D	-0.01%
ZI	D	-0.01%
HIW	D	-0.01%
NVST	B	-0.01%
PRGO	B	-0.01%
MSM	C	-0.01%
BROS	B	-0.01%
DXC	B	-0.01%
GFS	C	-0.01%
DNB	B	-0.01%
HUN	F	-0.01%
IAC	D	-0.01%
WU	D	-0.01%
PII	D	-0.01%
NWL	B	-0.01%
HOG	D	-0.01%
SPR	D	-0.01%
KMPR	B	-0.01%
ACHC	F	-0.01%
W	F	-0.01%
GTES	A	-0.01%
AN	C	-0.01%
FLO	D	-0.01%
ASH	D	-0.01%
DLB	B	-0.01%
M	D	-0.01%
SLGN	A	-0.01%
AGO	B	-0.01%
WLK	D	-0.01%
OZK	B	-0.01%
RYN	D	-0.01%
AL	B	-0.01%
RH	B	-0.01%
KRC	C	-0.01%
CUZ	B	-0.01%
BYD	C	-0.01%
XRAY	F	-0.01%
AVT	C	-0.01%
HCP	B	-0.01%
SLM	A	-0.01%
HXL	D	-0.01%
CIVI	D	-0.01%
UGI	A	-0.01%
OGN	D	-0.01%
OLN	D	-0.01%
SON	D	-0.01%
ST	F	-0.01%
IDA	A	-0.01%
VVV	F	-0.01%
THO	B	-0.01%
SEE	C	-0.01%
FIVE	F	-0.01%
FNB	A	-0.01%
CELH	F	-0.01%
JHG	A	-0.01%
THG	A	-0.01%
TKR	D	-0.01%
BC	C	-0.01%
NXST	C	-0.01%
LEA	D	-0.01%
POST	C	-0.01%
FOX	A	-0.01%
PATH	C	-0.01%
WHR	B	-0.01%
NFG	A	-0.01%
ELF	C	-0.01%
OMF	A	-0.01%
PVH	C	-0.01%
SRCL	C	-0.01%
VNT	B	-0.01%
WFRD	D	-0.01%
COLB	A	-0.01%
DINO	D	-0.01%
LNC	B	-0.01%
BEN	C	-0.01%
ETSY	D	-0.01%
WSC	D	-0.01%
MDU	D	-0.01%
AXS	A	-0.01%
IONS	F	-0.01%
STWD	C	-0.01%
BILL	A	-0.01%
MSA	D	-0.01%
NOV	C	-0.01%
LFUS	F	-0.01%
CLF	F	-0.01%
SN	D	-0.01%
DAR	C	-0.01%
ALK	C	-0.01%
MTDR	B	-0.01%
MTN	C	-0.01%
MTG	C	-0.01%
AGCO	D	-0.01%
AMG	B	-0.01%
VMI	B	-0.01%
PARA	C	-0.01%
LSTR	D	-0.01%
R	B	-0.01%
LPX	B	-0.01%
MTSI	B	-0.01%
SITE	D	-0.01%
CFLT	B	-0.01%
IVZ	B	-0.01%
BPOP	B	-0.01%
ARW	D	-0.01%
GTLB	B	-0.01%
PB	A	-0.01%
BBWI	D	-0.01%
SIRI	C	-0.01%
FAF	A	-0.01%
ESTC	C	-0.01%
OSK	B	-0.01%
G	B	-0.01%
MKSI	C	-0.01%
STAG	F	-0.01%
JAZZ	B	-0.01%
WBA	F	-0.01%
BSY	D	-0.01%
QRVO	F	-0.01%
MIDD	C	-0.01%
GXO	B	-0.01%
GNTX	C	-0.01%
UHAL	D	-0.01%
RHI	B	-0.01%
CGNX	C	-0.01%
PCOR	B	-0.01%
WH	B	-0.01%
MAT	D	-0.01%
BIO	D	-0.01%
LSCC	D	-0.01%
MHK	D	-0.01%
VFC	C	-0.01%
XP	F	-0.01%
VNO	B	-0.01%
RRC	B	-0.01%
WEX	D	-0.01%
SNV	B	-0.01%
HII	D	-0.01%
COLD	D	-0.01%
ZION	B	-0.01%
ACI	C	-0.01%
SAIC	F	-0.01%
AR	B	-0.01%
RGEN	D	-0.01%
WTFC	A	-0.01%
MTZ	B	-0.01%
TREX	C	-0.01%
SEIC	B	-0.01%
VKTX	F	-0.01%
CR	A	-0.01%
CHRD	D	-0.01%
APG	B	-0.01%
BWA	D	-0.01%
SMAR	A	-0.01%
SEG	B	-0.0%
LEN	D	-0.0%
CWEN	C	-0.0%
NFE	D	-0.0%
PLTK	B	-0.0%
UHAL	D	-0.0%
TFSL	A	-0.0%
UWMC	D	-0.0%
SEB	F	-0.0%
PYCR	C	-0.0%
CNA	B	-0.0%
DDS	B	-0.0%
UI	A	-0.0%
UA	B	-0.0%
SNDR	B	-0.0%
CERT	F	-0.0%
LBRDA	C	-0.0%
GO	C	-0.0%
REYN	D	-0.0%
CAR	C	-0.0%
FTRE	D	-0.0%
LEG	F	-0.0%
TXG	F	-0.0%
WOLF	F	-0.0%
TRIP	F	-0.0%
INFA	D	-0.0%
QS	F	-0.0%
BIRK	D	-0.0%
VSTS	C	-0.0%
PINC	B	-0.0%
PPC	C	-0.0%
CRI	D	-0.0%
UAA	C	-0.0%
KSS	F	-0.0%
DJT	C	-0.0%
CNXC	F	-0.0%
AAP	C	-0.0%
FIVN	C	-0.0%
ENOV	C	-0.0%
RCM	F	-0.0%
IPGP	D	-0.0%
SHC	F	-0.0%
RKT	F	-0.0%
HAYW	B	-0.0%
CPRI	F	-0.0%
JWN	C	-0.0%
BOKF	B	-0.0%
HHH	B	-0.0%
ADTN	A	-0.0%
MP	B	-0.0%
DV	C	-0.0%
VIRT	B	-0.0%
AGR	B	-0.0%
ALGM	D	-0.0%
SPB	C	-0.0%