FESM vs. FNDB ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to Schwab Fundamental U.S. Broad Market Index ETF (FNDB)

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$35.12

Average Daily Volume

123,580

Number of Holdings ^*

567

* may have additional holdings in another (foreign) market

FNDB

Schwab Fundamental U.S. Broad Market Index ETF

FNDB Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Index. To pursue its goal, the fund generally invests in stocks that are included in the Russell Fundamental U.S. 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

$24.37

Average Daily Volume

90,592

Number of Holdings ^*

1668

* may have additional holdings in another (foreign) market

Performance

Period	FESM	FNDB
30 Days	7.42%	2.63%
60 Days	7.32%	4.40%
90 Days	8.30%	5.85%
12 Months	39.28%	28.74%

295 Overlapping Holdings

	Symbol	Grade	Weight in FESM	Weight in FNDB	Overlap
	AAT	B	0.37%	0.0%	0.0%
	ABCB	B	0.37%	0.01%	0.01%
	ABM	B	0.32%	0.02%	0.02%
	ACA	A	0.39%	0.01%	0.01%
	ACIW	B	0.05%	0.01%	0.01%
	ADUS	D	0.1%	0.0%	0.0%
	AEO	F	0.6%	0.01%	0.01%
	AIN	C	0.08%	0.01%	0.01%
	AIR	B	0.5%	0.01%	0.01%
	AIT	B	0.48%	0.02%	0.02%
	ALE	A	0.1%	0.01%	0.01%
	ALKS	C	0.21%	0.0%	0.0%
	ALRM	C	0.17%	0.0%	0.0%
	AMPH	F	0.07%	0.0%	0.0%
	AMSF	B	0.15%	0.0%	0.0%
	ANF	F	0.8%	0.02%	0.02%
	AOSL	C	0.05%	0.0%	0.0%
	APOG	C	0.38%	0.01%	0.01%
	AROC	A	0.4%	0.01%	0.01%
	ATI	C	0.33%	0.01%	0.01%
	ATNI	F	0.07%	0.0%	0.0%
	AUB	B	0.11%	0.0%	0.0%
	AVD	C	0.07%	0.0%	0.0%
	AVNS	F	0.18%	0.0%	0.0%
	AWR	B	0.17%	0.0%	0.0%
	AX	B	0.29%	0.01%	0.01%
	AXL	C	0.21%	0.0%	0.0%
	BANF	B	0.43%	0.0%	0.0%
	BBSI	B	0.33%	0.0%	0.0%
	BCC	B	0.17%	0.03%	0.03%
	BCO	F	0.24%	0.01%	0.01%
	BCPC	B	0.1%	0.01%	0.01%
	BDC	C	0.29%	0.01%	0.01%
	BECN	B	0.04%	0.02%	0.02%
	BGC	C	0.67%	0.01%	0.01%
	BGS	F	0.06%	0.0%	0.0%
	BHE	C	0.4%	0.02%	0.02%
	BKD	F	0.06%	0.0%	0.0%
	BLKB	B	0.07%	0.0%	0.0%
	BMI	B	0.4%	0.0%	0.0%
	BOH	B	0.16%	0.01%	0.01%
	BOOT	C	0.06%	0.01%	0.01%
	BRC	D	0.11%	0.0%	0.0%
	BRSP	C	0.04%	0.0%	0.0%
	BRY	F	0.02%	0.0%	0.0%
	BSIG	A	0.12%	0.0%	0.0%
	BUSE	B	0.24%	0.0%	0.0%
	CADE	B	0.18%	0.02%	0.02%
	CALM	A	0.23%	0.01%	0.01%
	CATY	B	0.08%	0.01%	0.01%
	CBU	B	0.38%	0.01%	0.01%
	CDE	C	0.08%	0.0%	0.0%
	CDP	C	0.24%	0.01%	0.01%
	CEIX	A	0.26%	0.01%	0.01%
	CHX	C	0.11%	0.01%	0.01%
	CMC	B	0.13%	0.03%	0.03%
	CMPR	D	0.36%	0.0%	0.0%
	CNK	C	0.15%	0.01%	0.01%
	CNMD	C	0.35%	0.0%	0.0%
	CNO	B	0.28%	0.04%	0.04%
	CNXN	C	0.19%	0.01%	0.01%
	CODI	B	0.46%	0.0%	0.0%
	COKE	C	0.33%	0.01%	0.01%
	COMM	D	0.2%	0.01%	0.01%
	COMP	B	0.57%	0.01%	0.01%
	CORT	B	0.22%	0.01%	0.01%
	CPF	B	0.24%	0.0%	0.0%
	CPS	C	0.14%	0.0%	0.0%
	CRAI	C	0.21%	0.0%	0.0%
	CRC	A	0.22%	0.01%	0.01%
	CRGY	B	0.61%	0.0%	0.0%
	CRS	B	0.86%	0.02%	0.02%
	CSGS	B	0.6%	0.01%	0.01%
	CSR	B	0.04%	0.0%	0.0%
	CSWI	B	0.17%	0.01%	0.01%
	CTRE	C	0.2%	0.0%	0.0%
	CVBF	A	0.06%	0.01%	0.01%
	CVLT	B	0.79%	0.01%	0.01%
	CWT	C	0.15%	0.01%	0.01%
	DBRG	F	0.17%	0.01%	0.01%
	DCO	C	0.22%	0.0%	0.0%
	DEA	D	0.07%	0.0%	0.0%
	DIN	C	0.02%	0.0%	0.0%
	DIOD	D	0.09%	0.01%	0.01%
	DK	C	0.12%	0.01%	0.01%
	DOC	C	0.02%	0.03%	0.02%
	DXPE	C	0.16%	0.0%	0.0%
	DY	D	0.16%	0.02%	0.02%
	EAT	A	0.12%	0.01%	0.01%
	EBS	C	0.07%	0.01%	0.01%
	EME	A	0.56%	0.06%	0.06%
	ENS	F	0.62%	0.01%	0.01%
	ENSG	C	0.03%	0.01%	0.01%
	EPAC	C	0.23%	0.0%	0.0%
	ESRT	C	0.37%	0.01%	0.01%
	ETD	C	0.15%	0.0%	0.0%
	EXLS	B	0.53%	0.01%	0.01%
	EXPI	D	0.14%	0.0%	0.0%
	FBP	C	0.28%	0.0%	0.0%
	FCF	B	0.02%	0.0%	0.0%
	FDP	B	0.08%	0.02%	0.02%
	FFBC	B	0.1%	0.01%	0.01%
	FFIN	B	0.36%	0.01%	0.01%
	FHI	B	0.52%	0.01%	0.01%
	FIX	A	0.57%	0.02%	0.02%
	FIZZ	C	0.03%	0.0%	0.0%
	FLR	B	0.35%	0.03%	0.03%
	FN	C	0.7%	0.01%	0.01%
	FORM	D	0.09%	0.0%	0.0%
	FRME	B	0.23%	0.01%	0.01%
	FSS	B	0.09%	0.01%	0.01%
	FTDR	B	0.08%	0.01%	0.01%
	FUL	F	0.54%	0.01%	0.01%
	FULT	A	0.2%	0.01%	0.01%
	GCI	D	0.02%	0.0%	0.0%
	GEO	B	0.14%	0.03%	0.03%
	GFF	A	0.34%	0.01%	0.01%
	GHC	B	0.14%	0.02%	0.02%
	GIC	D	0.06%	0.0%	0.0%
	GIII	D	0.03%	0.01%	0.01%
	GNW	A	0.35%	0.03%	0.03%
	GPRE	F	0.02%	0.0%	0.0%
	GT	C	0.4%	0.04%	0.04%
	HAE	C	0.14%	0.01%	0.01%
	HALO	F	0.16%	0.0%	0.0%
	HBI	B	0.07%	0.03%	0.03%
	HL	D	0.21%	0.01%	0.01%
	HLX	B	0.24%	0.01%	0.01%
	HNI	B	0.2%	0.01%	0.01%
	HP	C	0.24%	0.01%	0.01%
	HQY	A	0.25%	0.01%	0.01%
	HURN	C	0.21%	0.0%	0.0%
	HWC	B	0.22%	0.01%	0.01%
	HWKN	B	0.54%	0.0%	0.0%
	IART	C	0.05%	0.0%	0.0%
	IBP	D	0.6%	0.01%	0.01%
	ICFI	F	0.03%	0.01%	0.01%
	IGT	F	0.32%	0.01%	0.01%
	INDB	B	0.1%	0.01%	0.01%
	INSW	F	0.11%	0.0%	0.0%
	IRWD	F	0.07%	0.0%	0.0%
	ITRI	C	0.47%	0.01%	0.01%
	JBSS	F	0.02%	0.0%	0.0%
	JXN	C	0.61%	0.04%	0.04%
	KAR	B	0.32%	0.01%	0.01%
	KBH	D	0.21%	0.03%	0.03%
	KE	C	0.07%	0.0%	0.0%
	KLG	B	0.04%	0.01%	0.01%
	KNF	B	0.37%	0.01%	0.01%
	KREF	C	0.12%	0.0%	0.0%
	KTB	B	0.08%	0.01%	0.01%
	KTOS	B	0.3%	0.0%	0.0%
	LADR	B	0.1%	0.01%	0.01%
	LANC	C	0.47%	0.01%	0.01%
	LGF.A	C	0.05%	0.0%	0.0%
	LGF.A	C	0.07%	0.0%	0.0%
	LKFN	C	0.53%	0.0%	0.0%
	LNW	F	0.26%	0.01%	0.01%
	LPG	F	0.05%	0.0%	0.0%
	LUMN	C	0.69%	0.6%	0.6%
	MAC	B	0.23%	0.02%	0.02%
	MATX	C	0.39%	0.02%	0.02%
	MCY	A	0.03%	0.01%	0.01%
	MED	D	0.03%	0.0%	0.0%
	MEDP	D	0.07%	0.0%	0.0%
	MHO	D	0.61%	0.02%	0.02%
	MMSI	A	0.42%	0.01%	0.01%
	MOG.A	B	0.26%	0.02%	0.02%
	MRC	B	0.09%	0.0%	0.0%
	MRTN	D	0.26%	0.01%	0.01%
	MTDR	B	0.41%	0.01%	0.01%
	MTH	D	0.31%	0.03%	0.03%
	MTRN	C	0.03%	0.01%	0.01%
	MTX	B	0.59%	0.01%	0.01%
	MUR	D	0.2%	0.02%	0.02%
	MWA	B	0.61%	0.01%	0.01%
	MXL	C	0.45%	0.0%	0.0%
	MYE	F	0.07%	0.0%	0.0%
	MYGN	F	0.09%	0.0%	0.0%
	NBR	C	0.23%	0.0%	0.0%
	NBTB	B	0.07%	0.01%	0.01%
	NJR	A	0.32%	0.01%	0.01%
	NMIH	C	0.34%	0.0%	0.0%
	NPK	B	0.03%	0.0%	0.0%
	NSP	F	0.04%	0.0%	0.0%
	NTCT	C	0.07%	0.01%	0.01%
	NWBI	B	0.59%	0.01%	0.01%
	ODP	F	0.1%	0.01%	0.01%
	OFG	B	0.16%	0.0%	0.0%
	OI	C	0.21%	0.02%	0.02%
	OIS	B	0.05%	0.0%	0.0%
	ONB	C	0.02%	0.01%	0.01%
	ONTO	F	0.05%	0.0%	0.0%
	OPCH	D	0.21%	0.01%	0.01%
	OPEN	F	0.07%	0.0%	0.0%
	OTTR	C	0.12%	0.01%	0.01%
	OUT	A	0.56%	0.01%	0.01%
	PBH	A	0.22%	0.01%	0.01%
	PBI	B	0.19%	0.01%	0.01%
	PCRX	C	0.08%	0.0%	0.0%
	PDCO	F	0.03%	0.01%	0.01%
	PECO	A	0.36%	0.01%	0.01%
	PFS	B	0.32%	0.01%	0.01%
	PJT	A	0.18%	0.0%	0.0%
	PLAB	C	0.21%	0.01%	0.01%
	PLXS	B	0.23%	0.02%	0.02%
	PRAA	D	0.02%	0.0%	0.0%
	PRG	C	0.56%	0.02%	0.02%
	PRGS	A	0.26%	0.0%	0.0%
	PRK	B	0.17%	0.01%	0.01%
	PRLB	B	0.08%	0.0%	0.0%
	PSN	D	0.21%	0.01%	0.01%
	PTON	A	0.05%	0.01%	0.01%
	QLYS	B	0.54%	0.0%	0.0%
	REZI	A	0.4%	0.02%	0.02%
	RIG	D	0.05%	0.01%	0.01%
	RMBS	B	0.19%	0.0%	0.0%
	RNST	B	0.22%	0.0%	0.0%
	ROCK	C	0.21%	0.01%	0.01%
	RUSHA	C	0.08%	0.02%	0.02%
	RXO	D	0.06%	0.01%	0.01%
	SAH	C	0.16%	0.01%	0.01%
	SANM	B	0.39%	0.03%	0.03%
	SBH	C	0.19%	0.01%	0.01%
	SCS	C	0.08%	0.01%	0.01%
	SEM	B	0.07%	0.02%	0.02%
	SF	B	0.33%	0.02%	0.02%
	SFBS	C	0.18%	0.0%	0.0%
	SFL	D	0.1%	0.0%	0.0%
	SFM	A	0.99%	0.05%	0.05%
	SHEN	F	0.03%	0.0%	0.0%
	SIGI	C	0.44%	0.01%	0.01%
	SJW	F	0.22%	0.0%	0.0%
	SKT	A	0.11%	0.01%	0.01%
	SKYW	C	0.7%	0.02%	0.02%
	SLG	B	0.14%	0.03%	0.03%
	SLVM	B	0.1%	0.02%	0.02%
	SMTC	B	0.19%	0.01%	0.01%
	SNBR	F	0.07%	0.0%	0.0%
	SNEX	B	0.27%	0.0%	0.0%
	SPSC	D	0.71%	0.0%	0.0%
	SRCE	B	0.13%	0.0%	0.0%
	SSTK	F	0.02%	0.0%	0.0%
	STBA	B	0.05%	0.0%	0.0%
	STEP	C	0.32%	0.0%	0.0%
	STNE	F	0.01%	0.0%	0.0%
	STNG	F	0.16%	0.0%	0.0%
	SUPN	C	0.01%	0.0%	0.0%
	SWX	B	0.32%	0.02%	0.02%
	SXC	A	0.29%	0.0%	0.0%
	SXT	C	0.33%	0.01%	0.01%
	TCBK	C	0.02%	0.0%	0.0%
	TDOC	C	0.08%	0.0%	0.0%
	TDS	B	0.21%	0.05%	0.05%
	TEX	F	0.35%	0.01%	0.01%
	THR	B	0.08%	0.0%	0.0%
	TILE	B	0.23%	0.01%	0.01%
	TMHC	C	0.49%	0.04%	0.04%
	TNC	D	0.17%	0.0%	0.0%
	TNET	F	0.02%	0.01%	0.01%
	TPH	D	0.36%	0.03%	0.03%
	TRN	B	0.27%	0.01%	0.01%
	TRNO	F	0.24%	0.0%	0.0%
	TRTX	C	0.18%	0.0%	0.0%
	TSE	F	0.02%	0.0%	0.0%
	TXRH	B	0.05%	0.02%	0.02%
	UBSI	B	0.2%	0.01%	0.01%
	UCB	A	0.15%	0.01%	0.01%
	UCTT	D	0.54%	0.0%	0.0%
	UFPI	C	0.03%	0.03%	0.03%
	UMBF	B	0.34%	0.01%	0.01%
	UNFI	A	0.04%	0.01%	0.01%
	UNIT	B	0.07%	0.02%	0.02%
	UPBD	B	0.51%	0.01%	0.01%
	URBN	C	0.08%	0.01%	0.01%
	UVE	B	0.05%	0.0%	0.0%
	VBTX	B	0.09%	0.0%	0.0%
	VCTR	B	0.04%	0.0%	0.0%
	VRE	B	0.14%	0.0%	0.0%
	VREX	B	0.35%	0.0%	0.0%
	VRTS	B	0.15%	0.0%	0.0%
	VSCO	C	0.03%	0.02%	0.02%
	VSTO	A	0.09%	0.01%	0.01%
	WABC	B	0.21%	0.0%	0.0%
	WFRD	D	0.04%	0.0%	0.0%
	WGO	C	0.08%	0.01%	0.01%
	WKC	C	0.24%	0.08%	0.08%
	WMK	C	0.07%	0.01%	0.01%
	WOOF	D	0.28%	0.0%	0.0%
	WSBC	B	0.26%	0.01%	0.01%
	WTS	B	0.41%	0.01%	0.01%
	XRX	F	0.18%	0.02%	0.02%
	YELP	C	0.57%	0.01%	0.01%
	ZEUS	C	0.12%	0.0%	0.0%
	ZIMV	D	0.02%	0.0%	0.0%

FESM Overweight 272 Positions Relative to FNDB

	Symbol	Grade	Weight
	QTWO	A	0.73%
	PAYO	A	0.69%
	WT	A	0.58%
	CVNA	B	0.55%
	VMEO	B	0.5%
	TENB	C	0.43%
	INSM	C	0.42%
	LMND	B	0.41%
	CECO	B	0.38%
	GH	B	0.36%
	BAND	B	0.35%
	CRDO	B	0.33%
	PCVX	D	0.33%
	VICR	C	0.33%
	YOU	D	0.31%
	YEXT	B	0.29%
	EGHT	B	0.29%
	WK	B	0.29%
	PHR	F	0.27%
	EZPW	B	0.25%
	RVMD	C	0.25%
	IRTC	C	0.25%
	PDFS	C	0.23%
	AXGN	C	0.21%
	SHAK	C	0.21%
	ZUO	B	0.21%
	BL	B	0.2%
	HY	D	0.2%
	HSTM	B	0.2%
	RNA	C	0.19%
	PRO	C	0.18%
	AORT	B	0.18%
	BVS	D	0.18%
	ARLO	C	0.17%
	PD	C	0.17%
	FLNC	D	0.17%
	INTA	B	0.17%
	PTCT	B	0.16%
	CYTK	F	0.16%
	BPMC	B	0.16%
	PLPC	B	0.16%
	DOMO	B	0.15%
	FLXS	B	0.15%
	VCYT	B	0.15%
	NFBK	C	0.15%
	RYTM	C	0.15%
	TVTX	C	0.15%
	AMAL	B	0.15%
	LMB	B	0.14%
	TWST	F	0.14%
	MDGL	B	0.14%
	FBK	C	0.14%
	FOLD	F	0.14%
	OSCR	D	0.14%
	EWTX	C	0.14%
	EXTR	C	0.13%
	ATRC	C	0.13%
	SRRK	C	0.13%
	WS	C	0.13%
	CPRX	C	0.13%
	WSR	A	0.13%
	REPX	A	0.13%
	AMRX	C	0.12%
	NRIX	C	0.12%
	USLM	A	0.12%
	TRUP	B	0.12%
	CRNX	C	0.12%
	HCAT	D	0.11%
	TREE	F	0.11%
	ACAD	C	0.11%
	CDNA	D	0.11%
	VTOL	B	0.11%
	HCI	C	0.11%
	ALTR	B	0.11%
	AMSC	B	0.11%
	AUR	C	0.11%
	LYTS	B	0.11%
	DYN	F	0.11%
	KURA	F	0.1%
	RKLB	A	0.1%
	AGS	A	0.1%
	BCRX	D	0.1%
	GKOS	B	0.1%
	ADMA	B	0.1%
	NGVC	A	0.1%
	KRYS	C	0.1%
	GMRE	F	0.1%
	TGTX	B	0.1%
	FLYW	B	0.1%
	PL	B	0.09%
	TNDM	D	0.09%
	TCMD	B	0.09%
	ACLX	C	0.09%
	SPT	C	0.09%
	LGND	C	0.09%
	AMBA	B	0.09%
	ARQT	B	0.09%
	ACMR	D	0.09%
	HLIT	D	0.09%
	EQC	B	0.09%
	TRUE	C	0.09%
	RDFN	D	0.09%
	WSBF	C	0.08%
	BSRR	B	0.08%
	LUNR	B	0.08%
	KOD	B	0.08%
	RXRX	F	0.08%
	AKBA	C	0.08%
	CDMO	A	0.08%
	TARS	C	0.08%
	LTH	C	0.08%
	AXSM	B	0.07%
	EOLS	D	0.07%
	JAMF	F	0.07%
	REPL	D	0.07%
	FISI	B	0.07%
	WVE	C	0.07%
	ARAY	C	0.07%
	PGC	B	0.07%
	BBIO	F	0.07%
	CTBI	B	0.07%
	COLL	F	0.07%
	HRTG	C	0.07%
	ADPT	C	0.07%
	MCRI	A	0.06%
	ALHC	C	0.06%
	SGMO	C	0.06%
	ORGO	B	0.06%
	ARVN	F	0.06%
	RVNC	F	0.06%
	ORIC	F	0.06%
	CERS	D	0.06%
	CTKB	C	0.06%
	CDXS	B	0.06%
	SNDX	F	0.06%
	HURC	B	0.06%
	NARI	C	0.06%
	LNTH	D	0.06%
	DNLI	D	0.06%
	RM	C	0.06%
	AGIO	C	0.06%
	WEAV	C	0.06%
	UEC	B	0.06%
	NUVB	C	0.06%
	NVAX	F	0.06%
	TMCI	C	0.05%
	COGT	D	0.05%
	ARWR	D	0.05%
	CCCC	F	0.05%
	NPAB	F	0.05%
	ATRO	D	0.05%
	PAHC	C	0.05%
	ANNX	F	0.05%
	DAKT	C	0.05%
	UHT	D	0.05%
	QTRX	F	0.05%
	VNDA	C	0.05%
	ARCT	F	0.05%
	NRDS	C	0.05%
	OPY	B	0.05%
	HNST	A	0.05%
	BY	B	0.05%
	SNCY	C	0.05%
	ERAS	C	0.05%
	AKRO	B	0.05%
	EE	A	0.05%
	APPN	B	0.05%
	LMAT	A	0.04%
	LPSN	F	0.04%
	STRO	F	0.04%
	ZNTL	F	0.04%
	IDYA	F	0.04%
	BLBD	D	0.04%
	PTGX	D	0.04%
	IOVA	F	0.04%
	ALLK	D	0.04%
	KALV	F	0.04%
	GERN	D	0.04%
	CXM	C	0.04%
	MSBI	B	0.04%
	OABI	F	0.04%
	NUVL	C	0.04%
	SAGE	F	0.04%
	NXRT	B	0.04%
	DSGN	C	0.04%
	ALX	D	0.04%
	ETNB	C	0.04%
	CRVL	B	0.04%
	BASE	B	0.04%
	COUR	F	0.04%
	NSSC	D	0.04%
	ZIP	D	0.04%
	MLNK	C	0.04%
	RLAY	F	0.03%
	BEAM	D	0.03%
	ENTA	F	0.03%
	SANA	F	0.03%
	PKE	B	0.03%
	TSHA	C	0.03%
	RLMD	F	0.03%
	RCKT	F	0.03%
	RMAX	C	0.03%
	ANIK	D	0.03%
	MBWM	B	0.03%
	IDT	B	0.03%
	HIMS	B	0.03%
	FSTR	B	0.03%
	HUMA	F	0.03%
	TSVT	F	0.03%
	PRTS	C	0.03%
	EDIT	F	0.03%
	CWCO	C	0.03%
	CLDX	F	0.03%
	UVSP	B	0.03%
	FNKO	D	0.03%
	BDTX	F	0.03%
	ASC	F	0.03%
	ETWO	F	0.03%
	ARRY	F	0.03%
	TERN	F	0.03%
	MGNX	F	0.03%
	VYGR	F	0.03%
	BHLB	B	0.03%
	CHGG	C	0.03%
	FATE	F	0.03%
	VCEL	B	0.03%
	GRC	A	0.03%
	HRTX	F	0.03%
	CCBG	B	0.02%
	ANGO	C	0.02%
	CTMX	F	0.02%
	EB	C	0.02%
	SVRA	F	0.02%
	ALEC	F	0.02%
	NTLA	F	0.02%
	ONTF	C	0.02%
	TNYA	D	0.02%
	NKTR	F	0.02%
	DVAX	C	0.02%
	MQ	D	0.02%
	PGEN	F	0.02%
	ALT	C	0.02%
	CRBU	D	0.02%
	UPLD	B	0.02%
	NKTX	F	0.02%
	ABUS	D	0.02%
	MCB	B	0.02%
	SPOK	B	0.02%
	MRSN	D	0.02%
	XNCR	B	0.02%
	PBYI	C	0.02%
	ACET	F	0.02%
	KPTI	D	0.02%
	ABSI	F	0.02%
	VERA	C	0.02%
	KYMR	D	0.02%
	YMAB	F	0.02%
	NABL	F	0.02%
	SWTX	C	0.02%
	HROW	D	0.02%
	ANIP	F	0.02%
	SPCE	D	0.01%
	INO	F	0.01%
	ALVR	F	0.01%
	ZDGE	F	0.01%
	FGEN	D	0.01%
	IMVT	F	0.01%
	ADAP	F	0.01%
	CHRS	D	0.01%
	SMMT	D	0.01%
	XBIT	F	0.01%
	RCKY	F	0.01%

FESM Underweight 1374 Positions Relative to FNDB

	Symbol	Grade	Weight
	AAPL	C	-4.01%
	MSFT	D	-2.21%
	BRK.A	B	-2.05%
	JPM	A	-1.93%
	XOM	B	-1.84%
	META	D	-1.6%
	AMZN	C	-1.4%
	WMT	A	-1.37%
	WFC	A	-1.29%
	BAC	A	-1.23%
	GOOGL	C	-1.22%
	T	A	-1.21%
	CVX	A	-1.17%
	UNH	B	-1.14%
	VZ	C	-1.08%
	GOOG	C	-1.05%
	C	A	-1.04%
	JNJ	C	-0.85%
	INTC	C	-0.81%
	CMCSA	B	-0.76%
	CSCO	B	-0.76%
	HD	B	-0.75%
	PG	C	-0.73%
	GM	C	-0.73%
	PFE	F	-0.61%
	COST	A	-0.61%
	CVS	D	-0.61%
	GS	A	-0.58%
	AVGO	D	-0.55%
	IBM	C	-0.5%
	ORCL	A	-0.46%
	DIS	B	-0.45%
	PM	B	-0.45%
	COP	C	-0.45%
	ABBV	F	-0.45%
	COF	C	-0.45%
	MS	A	-0.44%
	CI	D	-0.44%
	LOW	C	-0.4%
	BMY	B	-0.4%
	MRK	D	-0.39%
	QCOM	F	-0.39%
	CAT	B	-0.38%
	PEP	F	-0.37%
	MPC	D	-0.37%
	VLO	C	-0.36%
	NVDA	B	-0.36%
	TGT	F	-0.35%
	AMGN	F	-0.35%
	MO	A	-0.35%
	PSX	C	-0.34%
	V	A	-0.34%
	LMT	D	-0.34%
	MU	D	-0.34%
	HON	C	-0.34%
	ACN	B	-0.33%
	ELV	F	-0.33%
	UNP	C	-0.33%
	AXP	A	-0.33%
	GILD	C	-0.33%
	SYF	B	-0.32%
	ABT	B	-0.32%
	MMM	D	-0.32%
	CHTR	C	-0.32%
	KO	D	-0.32%
	LIN	C	-0.31%
	F	C	-0.31%
	TXN	C	-0.31%
	MCD	D	-0.31%
	RTX	D	-0.31%
	FDX	B	-0.3%
	USB	A	-0.3%
	TRV	B	-0.29%
	KR	B	-0.28%
	DUK	C	-0.28%
	PNC	B	-0.28%
	TSLA	B	-0.27%
	MA	B	-0.27%
	UPS	C	-0.27%
	AIG	B	-0.26%
	BLK	B	-0.26%
	SBUX	A	-0.26%
	CB	C	-0.25%
	BK	A	-0.25%
	ALL	A	-0.25%
	DFS	B	-0.24%
	MET	A	-0.24%
	SO	C	-0.24%
	BKNG	A	-0.23%
	NEE	C	-0.23%
	TMUS	B	-0.23%
	KMI	A	-0.22%
	PGR	A	-0.22%
	DE	B	-0.22%
	EOG	A	-0.22%
	TMO	F	-0.22%
	PYPL	B	-0.21%
	TJX	A	-0.21%
	ETN	A	-0.21%
	PRU	A	-0.21%
	TFC	A	-0.21%
	HPE	B	-0.2%
	AFL	B	-0.2%
	ADM	D	-0.2%
	CSX	C	-0.2%
	AMAT	F	-0.2%
	TSN	B	-0.19%
	HCA	F	-0.19%
	NSC	B	-0.19%
	GD	D	-0.19%
	HPQ	B	-0.19%
	CNC	D	-0.18%
	LLY	F	-0.18%
	NKE	F	-0.18%
	CMI	A	-0.18%
	MDLZ	F	-0.18%
	NOC	D	-0.18%
	NUE	C	-0.18%
	CTSH	B	-0.17%
	DOW	F	-0.17%
	D	C	-0.17%
	HUM	C	-0.17%
	ADBE	C	-0.17%
	MDT	D	-0.16%
	NFLX	A	-0.16%
	EBAY	D	-0.16%
	EMR	B	-0.16%
	IP	A	-0.16%
	EXC	C	-0.16%
	WMB	A	-0.16%
	DD	C	-0.16%
	DHI	F	-0.15%
	BKR	A	-0.15%
	AEP	C	-0.15%
	LHX	C	-0.15%
	VST	A	-0.15%
	WBA	F	-0.15%
	JCI	B	-0.15%
	LEN	D	-0.15%
	BBY	D	-0.15%
	AMP	A	-0.14%
	ADP	A	-0.14%
	PCAR	B	-0.14%
	WM	B	-0.14%
	CRM	B	-0.14%
	ITW	B	-0.14%
	GE	D	-0.14%
	FCX	F	-0.13%
	LYB	F	-0.13%
	GLW	B	-0.13%
	MMC	B	-0.13%
	DHR	F	-0.13%
	OKE	A	-0.13%
	LRCX	F	-0.13%
	HIG	B	-0.13%
	SPGI	C	-0.13%
	ADI	D	-0.12%
	XEL	A	-0.12%
	APD	A	-0.12%
	TROW	B	-0.12%
	PH	A	-0.12%
	FITB	B	-0.12%
	SCHW	B	-0.12%
	BX	A	-0.12%
	CL	D	-0.12%
	CBRE	B	-0.12%
	AON	A	-0.12%
	SYK	B	-0.12%
	URI	C	-0.12%
	NEM	D	-0.12%
	FI	A	-0.12%
	SRE	A	-0.12%
	AMT	C	-0.11%
	STLD	B	-0.11%
	FIS	C	-0.11%
	ED	C	-0.11%
	ETR	B	-0.11%
	SLB	C	-0.11%
	WDC	D	-0.11%
	CARR	C	-0.11%
	KKR	A	-0.11%
	PARA	C	-0.1%
	KEY	B	-0.1%
	WELL	A	-0.1%
	ORLY	B	-0.1%
	NRG	B	-0.1%
	CFG	B	-0.1%
	SPG	A	-0.1%
	BG	D	-0.1%
	MCK	A	-0.1%
	MTB	A	-0.1%
	BDX	F	-0.1%
	OXY	D	-0.1%
	INTU	B	-0.1%
	ICE	C	-0.1%
	PHM	D	-0.1%
	PEG	A	-0.1%
	PPL	A	-0.1%
	BA	F	-0.1%
	GIS	D	-0.1%
	WY	F	-0.09%
	LH	B	-0.09%
	CCI	C	-0.09%
	GEHC	D	-0.09%
	KHC	F	-0.09%
	FOXA	A	-0.09%
	SYY	D	-0.09%
	REGN	F	-0.09%
	ALLY	C	-0.09%
	EIX	B	-0.09%
	KMB	C	-0.09%
	STT	B	-0.09%
	VTRS	A	-0.09%
	CEG	C	-0.09%
	PPG	F	-0.08%
	GWW	B	-0.08%
	SHW	B	-0.08%
	ECL	D	-0.08%
	CTAS	B	-0.08%
	DLR	B	-0.08%
	EQIX	A	-0.08%
	WEC	A	-0.08%
	JLL	D	-0.08%
	ISRG	A	-0.08%
	CTVA	C	-0.08%
	MRO	B	-0.08%
	RF	A	-0.08%
	GPN	B	-0.08%
	DVN	F	-0.08%
	STX	C	-0.08%
	BIIB	F	-0.08%
	APH	A	-0.08%
	EA	A	-0.08%
	RS	B	-0.08%
	BSX	A	-0.08%
	SW	A	-0.08%
	FE	C	-0.08%
	MAR	A	-0.08%
	PFG	D	-0.08%
	AMD	F	-0.08%
	CAH	B	-0.07%
	R	B	-0.07%
	STZ	D	-0.07%
	NTAP	C	-0.07%
	PLD	F	-0.07%
	AEE	A	-0.07%
	LDOS	C	-0.07%
	PWR	A	-0.07%
	X	B	-0.07%
	DGX	A	-0.07%
	TRGP	A	-0.07%
	ROST	D	-0.07%
	LAD	A	-0.07%
	ZTS	D	-0.07%
	VRTX	D	-0.07%
	PKG	A	-0.07%
	EVRG	A	-0.07%
	AVT	C	-0.07%
	CINF	A	-0.07%
	OMC	C	-0.07%
	DTE	C	-0.07%
	FAST	B	-0.07%
	NVR	D	-0.07%
	USFD	A	-0.07%
	ARW	D	-0.07%
	KLAC	F	-0.07%
	EMN	C	-0.07%
	YUM	D	-0.07%
	HBAN	A	-0.07%
	WHR	B	-0.07%
	CHRW	B	-0.07%
	NTRS	A	-0.07%
	VTR	B	-0.07%
	ES	C	-0.07%
	WBD	B	-0.07%
	DG	F	-0.07%
	UHS	D	-0.07%
	CME	B	-0.07%
	ZION	B	-0.06%
	UNM	A	-0.06%
	CMS	C	-0.06%
	PFGC	B	-0.06%
	MHK	D	-0.06%
	FLEX	B	-0.06%
	OMF	A	-0.06%
	JBL	C	-0.06%
	CCL	A	-0.06%
	LNG	A	-0.06%
	IQV	F	-0.06%
	HLT	A	-0.06%
	PAYX	B	-0.06%
	KSS	F	-0.06%
	TT	A	-0.06%
	HAL	C	-0.06%
	AA	A	-0.06%
	DOV	A	-0.06%
	TDG	D	-0.06%
	WAB	B	-0.06%
	RSG	A	-0.06%
	IRM	C	-0.06%
	FNF	B	-0.06%
	CNP	A	-0.06%
	MOS	F	-0.06%
	KMX	B	-0.06%
	OC	A	-0.06%
	K	A	-0.06%
	HWM	A	-0.06%
	VFC	C	-0.06%
	BAX	F	-0.06%
	MSI	B	-0.06%
	CMA	B	-0.06%
	SWK	D	-0.06%
	THC	D	-0.06%
	KDP	F	-0.06%
	CF	A	-0.06%
	WTW	B	-0.06%
	MCO	B	-0.06%
	BXP	C	-0.05%
	DXC	B	-0.05%
	ZBH	C	-0.05%
	AN	C	-0.05%
	DRI	B	-0.05%
	AES	F	-0.05%
	GPC	D	-0.05%
	AJG	A	-0.05%
	L	A	-0.05%
	KD	B	-0.05%
	OTIS	C	-0.05%
	ALSN	B	-0.05%
	LEA	F	-0.05%
	FANG	C	-0.05%
	AVB	B	-0.05%
	EQH	C	-0.05%
	ROP	B	-0.05%
	CASY	A	-0.05%
	GPI	B	-0.05%
	DINO	D	-0.05%
	EQR	C	-0.05%
	SJM	D	-0.05%
	MAS	D	-0.05%
	BWA	D	-0.05%
	TPR	B	-0.05%
	J	D	-0.05%
	LKQ	F	-0.05%
	AME	A	-0.05%
	RJF	A	-0.05%
	A	D	-0.05%
	ODFL	C	-0.05%
	OVV	B	-0.05%
	PSA	C	-0.05%
	TAP	C	-0.05%
	KVUE	A	-0.05%
	SNA	A	-0.05%
	LNC	C	-0.05%
	TOL	B	-0.05%
	CAG	F	-0.05%
	M	F	-0.05%
	CPAY	A	-0.05%
	BFH	C	-0.05%
	BLDR	D	-0.05%
	HES	B	-0.05%
	MGM	D	-0.05%
	TSCO	D	-0.05%
	TXT	D	-0.05%
	BALL	F	-0.05%
	JEF	A	-0.05%
	ROK	C	-0.05%
	AZO	C	-0.05%
	SIRI	C	-0.05%
	DVA	C	-0.05%
	RPM	A	-0.04%
	DOX	D	-0.04%
	FYBR	C	-0.04%
	HST	C	-0.04%
	ZBRA	B	-0.04%
	ZIM	C	-0.04%
	EXPD	C	-0.04%
	CRBG	B	-0.04%
	CCK	D	-0.04%
	CLX	A	-0.04%
	SLM	A	-0.04%
	RHI	C	-0.04%
	DKS	D	-0.04%
	APO	B	-0.04%
	ATO	A	-0.04%
	RGA	A	-0.04%
	SWKS	F	-0.04%
	GEN	B	-0.04%
	HOLX	D	-0.04%
	CHD	A	-0.04%
	PVH	C	-0.04%
	LPLA	A	-0.04%
	AWK	C	-0.04%
	FAF	A	-0.04%
	EW	C	-0.04%
	NWSA	A	-0.04%
	HSIC	C	-0.04%
	WCC	B	-0.04%
	AYI	B	-0.04%
	MUSA	B	-0.04%
	BERY	C	-0.04%
	LNT	A	-0.04%
	VRSK	A	-0.04%
	OGN	F	-0.04%
	MRVL	B	-0.04%
	MAN	F	-0.04%
	KNX	C	-0.04%
	BEN	C	-0.04%
	WSM	C	-0.04%
	PNW	A	-0.04%
	MOH	F	-0.04%
	EVR	B	-0.04%
	MNST	C	-0.04%
	THO	B	-0.04%
	MLM	C	-0.04%
	CDW	F	-0.04%
	INGR	C	-0.04%
	VNO	C	-0.04%
	GEV	B	-0.04%
	ACM	B	-0.04%
	AFG	A	-0.04%
	MCHP	F	-0.04%
	NXPI	D	-0.04%
	VMC	B	-0.04%
	UGI	C	-0.04%
	JBHT	C	-0.04%
	JNPR	D	-0.04%
	NI	A	-0.04%
	DLTR	F	-0.04%
	IFF	D	-0.04%
	CSL	C	-0.04%
	MKL	A	-0.04%
	EQT	B	-0.04%
	ORI	A	-0.04%
	IVZ	B	-0.04%
	CW	C	-0.03%
	ACGL	C	-0.03%
	CPRT	B	-0.03%
	BURL	B	-0.03%
	LII	A	-0.03%
	FICO	B	-0.03%
	GDDY	A	-0.03%
	SQ	A	-0.03%
	G	B	-0.03%
	BBWI	C	-0.03%
	ITT	A	-0.03%
	SNX	D	-0.03%
	BC	C	-0.03%
	ABG	C	-0.03%
	CNX	A	-0.03%
	ARE	F	-0.03%
	STE	D	-0.03%
	PCG	A	-0.03%
	EFX	F	-0.03%
	MSCI	C	-0.03%
	CAR	C	-0.03%
	MTD	F	-0.03%
	SNV	C	-0.03%
	SEIC	B	-0.03%
	TTWO	A	-0.03%
	ARMK	B	-0.03%
	CPB	D	-0.03%
	QRVO	F	-0.03%
	COIN	C	-0.03%
	ALB	B	-0.03%
	VOYA	B	-0.03%
	CACI	D	-0.03%
	AMCR	C	-0.03%
	DAL	B	-0.03%
	KIM	A	-0.03%
	GPK	C	-0.03%
	HAS	D	-0.03%
	CLF	F	-0.03%
	AIZ	A	-0.03%
	RRX	B	-0.03%
	SATS	D	-0.03%
	RL	C	-0.03%
	AKAM	D	-0.03%
	HRL	D	-0.03%
	FL	F	-0.03%
	SNPS	B	-0.03%
	OGE	A	-0.03%
	EXR	C	-0.03%
	JHG	B	-0.03%
	ULTA	F	-0.03%
	CIEN	C	-0.03%
	AGCO	D	-0.03%
	HII	F	-0.03%
	ESS	B	-0.03%
	NXST	C	-0.03%
	EWBC	A	-0.03%
	XYL	D	-0.03%
	UAL	A	-0.03%
	BAH	F	-0.03%
	TRMB	B	-0.03%
	CDNS	B	-0.03%
	APA	D	-0.03%
	GRMN	B	-0.03%
	FFIV	B	-0.03%
	IT	C	-0.03%
	EL	F	-0.03%
	WU	F	-0.03%
	NDAQ	A	-0.03%
	CG	B	-0.03%
	PANW	B	-0.03%
	OLN	F	-0.03%
	DECK	A	-0.03%
	FTV	C	-0.03%
	MAA	B	-0.03%
	ADSK	A	-0.03%
	DPZ	C	-0.03%
	MTZ	B	-0.03%
	PBF	D	-0.03%
	CE	F	-0.03%
	CTRA	B	-0.03%
	IR	B	-0.03%
	FHN	A	-0.03%
	HUN	F	-0.03%
	WSO	A	-0.03%
	MKC	C	-0.03%
	NWL	C	-0.03%
	MLI	B	-0.03%
	RMD	C	-0.03%
	ANET	C	-0.03%
	FTNT	C	-0.03%
	IPG	D	-0.03%
	RCL	A	-0.03%
	GL	C	-0.03%
	WRB	A	-0.03%
	TER	F	-0.03%
	HUBB	B	-0.03%
	BR	A	-0.03%
	GAP	C	-0.03%
	FBIN	D	-0.03%
	OSK	C	-0.03%
	LPX	B	-0.03%
	O	C	-0.03%
	KEYS	A	-0.03%
	SSNC	B	-0.03%
	EXPE	B	-0.03%
	HSY	F	-0.03%
	UBER	F	-0.03%
	WAT	C	-0.03%
	AVY	F	-0.03%
	AMG	B	-0.03%
	CMG	B	-0.03%
	ON	D	-0.03%
	LVS	B	-0.03%
	PNR	A	-0.03%
	TPC	C	-0.02%
	ESI	B	-0.02%
	CBSH	B	-0.02%
	KRC	B	-0.02%
	MMS	F	-0.02%
	EG	C	-0.02%
	BYD	B	-0.02%
	MSM	C	-0.02%
	SPOT	B	-0.02%
	SPB	C	-0.02%
	FLO	D	-0.02%
	GMS	B	-0.02%
	BLD	D	-0.02%
	DEI	B	-0.02%
	IDA	A	-0.02%
	CHE	D	-0.02%
	CBT	D	-0.02%
	CR	A	-0.02%
	WTRG	B	-0.02%
	VIRT	A	-0.02%
	AVNT	B	-0.02%
	COOP	B	-0.02%
	ZM	C	-0.02%
	ASB	B	-0.02%
	MPW	F	-0.02%
	TTMI	C	-0.02%
	INCY	C	-0.02%
	LOPE	C	-0.02%
	LEG	F	-0.02%
	DBX	B	-0.02%
	VLTO	C	-0.02%
	MKSI	C	-0.02%
	CHKP	C	-0.02%
	GATX	A	-0.02%
	TFX	F	-0.02%
	KBR	F	-0.02%
	BPOP	C	-0.02%
	MIDD	C	-0.02%
	ARCH	B	-0.02%
	CFR	B	-0.02%
	SIG	B	-0.02%
	WH	B	-0.02%
	WTFC	A	-0.02%
	NSIT	F	-0.02%
	TKR	D	-0.02%
	AWI	A	-0.02%
	FNB	A	-0.02%
	AER	A	-0.02%
	SAIA	B	-0.02%
	FRT	B	-0.02%
	LW	C	-0.02%
	PB	B	-0.02%
	BKH	A	-0.02%
	HEI	A	-0.02%
	LITE	B	-0.02%
	VRT	B	-0.02%
	VAC	C	-0.02%
	UHAL	D	-0.02%
	DTM	A	-0.02%
	TTC	C	-0.02%
	PNFP	B	-0.02%
	FSLR	F	-0.02%
	ASO	F	-0.02%
	WST	C	-0.02%
	WERN	C	-0.02%
	POR	C	-0.02%
	ASGN	F	-0.02%
	GVA	A	-0.02%
	RDN	D	-0.02%
	Z	A	-0.02%
	JAZZ	B	-0.02%
	ANSS	B	-0.02%
	CZR	F	-0.02%
	POST	C	-0.02%
	UAA	C	-0.02%
	SM	B	-0.02%
	WWD	C	-0.02%
	VMI	B	-0.02%
	NAVI	F	-0.02%
	WPC	C	-0.02%
	BWXT	B	-0.02%
	CCEP	C	-0.02%
	GLPI	C	-0.02%
	NDSN	B	-0.02%
	ST	F	-0.02%
	AL	B	-0.02%
	WBS	A	-0.02%
	NFG	A	-0.02%
	CLH	C	-0.02%
	EPAM	B	-0.02%
	TPX	B	-0.02%
	SBAC	D	-0.02%
	OHI	C	-0.02%
	LECO	C	-0.02%
	HCC	B	-0.02%
	PII	F	-0.02%
	STWD	C	-0.02%
	ALK	B	-0.02%
	PAG	B	-0.02%
	HUBG	A	-0.02%
	GXO	B	-0.02%
	WAL	B	-0.02%
	NOV	C	-0.02%
	IDXX	F	-0.02%
	HRI	C	-0.02%
	GGG	B	-0.02%
	APTV	F	-0.02%
	PENN	C	-0.02%
	KMPR	A	-0.02%
	CPT	B	-0.02%
	CTLT	C	-0.02%
	ALGN	D	-0.02%
	DCI	B	-0.02%
	JKHY	D	-0.02%
	AVTR	F	-0.02%
	HOG	D	-0.02%
	POOL	C	-0.02%
	AOS	F	-0.02%
	JWN	D	-0.02%
	NVT	B	-0.02%
	LAMR	C	-0.02%
	CXW	C	-0.02%
	CC	C	-0.02%
	FTI	A	-0.02%
	BKU	A	-0.02%
	APP	B	-0.02%
	TNL	A	-0.02%
	XPO	B	-0.02%
	SKX	D	-0.02%
	HRB	D	-0.02%
	FLS	B	-0.02%
	PK	C	-0.02%
	FCNCA	A	-0.02%
	NOW	A	-0.02%
	UTHR	C	-0.02%
	CNH	C	-0.02%
	SUI	C	-0.02%
	ATR	B	-0.02%
	GME	C	-0.02%
	REG	A	-0.02%
	UDR	B	-0.02%
	BRX	A	-0.02%
	MTG	C	-0.02%
	SAIC	F	-0.02%
	TGNA	B	-0.02%
	VICI	C	-0.02%
	GNRC	C	-0.02%
	BJ	A	-0.02%
	EHC	B	-0.02%
	MRNA	F	-0.02%
	COR	B	-0.02%
	SON	F	-0.02%
	AXTA	B	-0.02%
	DELL	B	-0.02%
	AAP	D	-0.02%
	BRO	B	-0.02%
	LSTR	D	-0.02%
	SOLV	D	-0.02%
	EXP	B	-0.02%
	LUV	C	-0.02%
	DAR	C	-0.02%
	BAP	A	-0.02%
	THG	A	-0.02%
	SEE	C	-0.02%
	PRI	B	-0.02%
	FMC	D	-0.02%
	RVTY	F	-0.02%
	ILMN	C	-0.02%
	INVH	D	-0.02%
	TRU	D	-0.02%
	IEX	C	-0.02%
	AR	B	-0.02%
	ACI	C	-0.02%
	SCI	B	-0.02%
	TDY	B	-0.02%
	GNTX	C	-0.02%
	BTU	B	-0.02%
	JJSF	C	-0.01%
	PR	B	-0.01%
	CPK	A	-0.01%
	ALG	B	-0.01%
	HMN	B	-0.01%
	IRT	A	-0.01%
	GNL	F	-0.01%
	ROG	D	-0.01%
	NX	C	-0.01%
	AMN	F	-0.01%
	REXR	F	-0.01%
	SXI	B	-0.01%
	OMCL	C	-0.01%
	PEB	D	-0.01%
	CNS	B	-0.01%
	TTD	B	-0.01%
	ADC	A	-0.01%
	RRR	F	-0.01%
	LYFT	C	-0.01%
	DOLE	D	-0.01%
	IRDM	D	-0.01%
	CCOI	B	-0.01%
	TALO	C	-0.01%
	CASH	B	-0.01%
	YETI	D	-0.01%
	BMRN	F	-0.01%
	OII	B	-0.01%
	DLX	B	-0.01%
	CAKE	C	-0.01%
	CXT	C	-0.01%
	KN	B	-0.01%
	KFRC	D	-0.01%
	KOS	D	-0.01%
	KW	C	-0.01%
	WNC	C	-0.01%
	LXP	D	-0.01%
	WOR	F	-0.01%
	ALGT	B	-0.01%
	CARG	B	-0.01%
	GO	C	-0.01%
	ROAD	B	-0.01%
	KAI	B	-0.01%
	POWI	F	-0.01%
	SAFT	B	-0.01%
	ROIC	A	-0.01%
	CHH	A	-0.01%
	AZEK	A	-0.01%
	CBZ	B	-0.01%
	ALIT	C	-0.01%
	ARI	C	-0.01%
	NWN	A	-0.01%
	REVG	C	-0.01%
	AKR	B	-0.01%
	PMT	C	-0.01%
	EGP	D	-0.01%
	GOLF	B	-0.01%
	SYNA	C	-0.01%
	LBRDK	C	-0.01%
	PINS	F	-0.01%
	NHI	D	-0.01%
	RNG	C	-0.01%
	ORA	B	-0.01%
	TOWN	B	-0.01%
	PDM	D	-0.01%
	CENTA	C	-0.01%
	RBC	A	-0.01%
	MGRC	B	-0.01%
	ROKU	D	-0.01%
	JACK	C	-0.01%
	RAMP	B	-0.01%
	ICLR	D	-0.01%
	BRKR	D	-0.01%
	ALEX	B	-0.01%
	STRA	C	-0.01%
	IBTX	B	-0.01%
	CWEN	C	-0.01%
	TW	A	-0.01%
	PRDO	B	-0.01%
	ESE	B	-0.01%
	SVC	F	-0.01%
	MGEE	B	-0.01%
	RHP	B	-0.01%
	MGY	A	-0.01%
	DXCM	C	-0.01%
	OSIS	A	-0.01%
	VC	F	-0.01%
	ACHC	F	-0.01%
	ABR	C	-0.01%
	AAON	B	-0.01%
	NPO	A	-0.01%
	NHC	C	-0.01%
	EIG	B	-0.01%
	AM	A	-0.01%
	SCSC	C	-0.01%
	WSC	F	-0.01%
	ENR	B	-0.01%
	FIVE	F	-0.01%
	WSFS	B	-0.01%
	TECH	F	-0.01%
	MSA	F	-0.01%
	HPP	F	-0.01%
	HTLF	B	-0.01%
	PAYC	B	-0.01%
	BKE	B	-0.01%
	BXC	B	-0.01%
	AZZ	A	-0.01%
	SSB	B	-0.01%
	SPTN	D	-0.01%
	SASR	B	-0.01%
	CPNG	D	-0.01%
	VIAV	C	-0.01%
	CYH	F	-0.01%
	SAM	C	-0.01%
	SHO	D	-0.01%
	HOMB	A	-0.01%
	KALU	C	-0.01%
	KRG	B	-0.01%
	ENOV	C	-0.01%
	UE	B	-0.01%
	MPWR	F	-0.01%
	HTH	C	-0.01%
	HI	C	-0.01%
	EPC	F	-0.01%
	DHC	F	-0.01%
	BFAM	D	-0.01%
	CIVI	D	-0.01%
	STRL	A	-0.01%
	FR	D	-0.01%
	STAG	D	-0.01%
	XHR	B	-0.01%
	AEIS	C	-0.01%
	MORN	B	-0.01%
	MYRG	B	-0.01%
	FIBK	B	-0.01%
	BOKF	B	-0.01%
	DDS	B	-0.01%
	PLUS	F	-0.01%
	PRIM	A	-0.01%
	HGV	C	-0.01%
	ETSY	D	-0.01%
	MANH	D	-0.01%
	PPBI	C	-0.01%
	TRMK	C	-0.01%
	CHRD	D	-0.01%
	IBOC	B	-0.01%
	IAC	F	-0.01%
	CNM	D	-0.01%
	IBKR	A	-0.01%
	LBRT	D	-0.01%
	PTC	B	-0.01%
	HEES	C	-0.01%
	JELD	F	-0.01%
	NGVT	B	-0.01%
	WDAY	B	-0.01%
	JBGS	F	-0.01%
	ECPG	C	-0.01%
	AXS	A	-0.01%
	LRN	A	-0.01%
	IPGP	D	-0.01%
	IOSP	C	-0.01%
	TREX	C	-0.01%
	AMED	F	-0.01%
	HLF	C	-0.01%
	DRH	B	-0.01%
	HOPE	C	-0.01%
	RLJ	C	-0.01%
	ABNB	C	-0.01%
	BANR	B	-0.01%
	TROX	D	-0.01%
	JBT	B	-0.01%
	HELE	C	-0.01%
	DORM	B	-0.01%
	SCL	C	-0.01%
	THS	D	-0.01%
	ATKR	D	-0.01%
	RLI	A	-0.01%
	WEX	D	-0.01%
	WWW	A	-0.01%
	ITGR	B	-0.01%
	WMS	F	-0.01%
	DNB	B	-0.01%
	CABO	B	-0.01%
	FELE	B	-0.01%
	WEN	D	-0.01%
	PLNT	A	-0.01%
	DLB	B	-0.01%
	RNR	C	-0.01%
	CNXC	F	-0.01%
	MKTX	D	-0.01%
	NMRK	C	-0.01%
	FND	D	-0.01%
	IDCC	B	-0.01%
	AMR	C	-0.01%
	RYI	C	-0.01%
	RGLD	C	-0.01%
	CBOE	C	-0.01%
	APG	B	-0.01%
	ICUI	D	-0.01%
	RRC	B	-0.01%
	RYN	D	-0.01%
	SLAB	F	-0.01%
	TDC	D	-0.01%
	EPR	C	-0.01%
	MLKN	F	-0.01%
	H	B	-0.01%
	BXMT	C	-0.01%
	TPG	A	-0.01%
	SLGN	A	-0.01%
	SNDR	B	-0.01%
	AMWD	C	-0.01%
	TYL	B	-0.01%
	CVCO	A	-0.01%
	OMI	F	-0.01%
	NEU	D	-0.01%
	CROX	D	-0.01%
	FWRD	D	-0.01%
	CGNX	D	-0.01%
	CHDN	B	-0.01%
	PPC	C	-0.01%
	PRGO	C	-0.01%
	CACC	D	-0.01%
	RH	C	-0.01%
	CBRL	C	-0.01%
	VEEV	C	-0.01%
	QRTEA	F	-0.01%
	ROL	B	-0.01%
	TCBI	C	-0.01%
	NOMD	D	-0.01%
	DNOW	B	-0.01%
	GMED	A	-0.01%
	APAM	B	-0.01%
	ARES	A	-0.01%
	LGIH	F	-0.01%
	SITE	F	-0.01%
	MTCH	D	-0.01%
	VSH	F	-0.01%
	COLD	D	-0.01%
	LZB	B	-0.01%
	AGR	A	-0.01%
	MOD	A	-0.01%
	PTEN	C	-0.01%
	HE	C	-0.01%
	UVV	B	-0.01%
	SKY	A	-0.01%
	ZD	B	-0.01%
	ALLE	C	-0.01%
	WAFD	B	-0.01%
	ENTG	D	-0.01%
	NNN	C	-0.01%
	OLLI	D	-0.01%
	MASI	B	-0.01%
	VYX	B	-0.01%
	GEF	A	-0.01%
	AVA	A	-0.01%
	WD	D	-0.01%
	ESNT	F	-0.01%
	VNT	C	-0.01%
	SFNC	C	-0.01%
	PCH	F	-0.01%
	GTES	A	-0.01%
	AGO	B	-0.01%
	CSGP	D	-0.01%
	AMKR	D	-0.01%
	HXL	F	-0.01%
	APLE	B	-0.01%
	VSTS	C	-0.01%
	LFUS	D	-0.01%
	B	A	-0.01%
	LILAK	D	-0.01%
	PSMT	D	-0.01%
	ASH	F	-0.01%
	VVV	D	-0.01%
	PFSI	C	-0.01%
	NWE	B	-0.01%
	SSD	F	-0.01%
	WYNN	C	-0.01%
	BIO	C	-0.01%
	WTM	A	-0.01%
	LAUR	A	-0.01%
	UNF	B	-0.01%
	SN	D	-0.01%
	EEFT	B	-0.01%
	SUM	B	-0.01%
	PHIN	A	-0.01%
	PIPR	A	-0.01%
	PATK	C	-0.01%
	ESAB	C	-0.01%
	SHOO	F	-0.01%
	HTZ	C	-0.01%
	NYT	D	-0.01%
	GBCI	B	-0.01%
	SPR	D	-0.01%
	RPRX	D	-0.01%
	DAN	D	-0.01%
	XRAY	F	-0.01%
	AMH	C	-0.01%
	COLM	C	-0.01%
	IMKTA	C	-0.01%
	LULU	C	-0.01%
	ARCB	C	-0.01%
	SBRA	C	-0.01%
	CUBE	C	-0.01%
	KMT	B	-0.01%
	JBLU	F	-0.01%
	CCS	D	-0.01%
	DASH	B	-0.01%
	PLTR	B	-0.01%
	TWLO	A	-0.01%
	TPL	A	-0.01%
	LCII	C	-0.01%
	STC	B	-0.01%
	SR	A	-0.01%
	CRL	D	-0.01%
	FCN	F	-0.01%
	CUZ	B	-0.01%
	CRI	F	-0.01%
	ENVA	B	-0.01%
	ADTN	A	-0.01%
	MAT	D	-0.01%
	PNM	B	-0.01%
	KEX	B	-0.01%
	SMG	C	-0.01%
	MC	C	-0.01%
	AGNC	C	-0.01%
	COLB	B	-0.01%
	ATGE	B	-0.01%
	NVST	B	-0.01%
	MTN	C	-0.01%
	EXEL	B	-0.01%
	HLI	A	-0.01%
	OGS	A	-0.01%
	COHR	B	-0.01%
	FHB	B	-0.01%
	ANDE	D	-0.01%
	MDU	D	-0.01%
	CRUS	D	-0.01%
	WLK	D	-0.01%
	CPRI	F	-0.01%
	ELS	C	-0.01%
	OZK	B	-0.01%
	TTEK	F	-0.01%
	SCCO	F	-0.01%
	GBX	A	-0.01%
	VLY	B	-0.01%
	VRSN	C	-0.01%
	PINC	B	-0.01%
	HIW	C	-0.01%
	AAL	B	-0.01%
	FDS	B	-0.01%
	CWK	C	-0.01%
	ADNT	F	-0.01%
	KFY	B	-0.01%
	ALV	C	-0.01%
	ELAN	D	-0.01%
	MGPI	F	-0.0%
	TBBK	B	-0.0%
	HOV	D	-0.0%
	SEG	B	-0.0%
	AMRC	F	-0.0%
	ALGM	D	-0.0%
	PKST	F	-0.0%
	TWI	F	-0.0%
	CRNC	C	-0.0%
	SEDG	F	-0.0%
	GPRO	F	-0.0%
	GSM	D	-0.0%
	LESL	D	-0.0%
	ONEW	F	-0.0%
	TTEC	F	-0.0%
	SPWH	F	-0.0%
	CMTL	F	-0.0%
	REX	D	-0.0%
	SRI	F	-0.0%
	RILY	F	-0.0%
	PRM	C	-0.0%
	JRVR	F	-0.0%
	NIC	B	-0.0%
	CENT	C	-0.0%
	MODV	C	-0.0%
	GPMT	C	-0.0%
	PETS	C	-0.0%
	SSP	F	-0.0%
	CRMT	D	-0.0%
	CCRN	F	-0.0%
	TPIC	F	-0.0%
	IRBT	F	-0.0%
	OPI	F	-0.0%
	BMBL	C	-0.0%
	FLGT	F	-0.0%
	AGL	F	-0.0%
	HLNE	B	-0.0%
	MOV	D	-0.0%
	WOLF	F	-0.0%
	DENN	D	-0.0%
	TITN	C	-0.0%
	USPH	B	-0.0%
	MEI	F	-0.0%
	DHIL	B	-0.0%
	RGP	F	-0.0%
	GTY	A	-0.0%
	PLOW	D	-0.0%
	CLVT	D	-0.0%
	CTRN	F	-0.0%
	FLWS	D	-0.0%
	SSYS	B	-0.0%
	ARKO	C	-0.0%
	KRNY	C	-0.0%
	GNK	D	-0.0%
	RUN	F	-0.0%
	AMBC	C	-0.0%
	PLCE	C	-0.0%
	CLOV	D	-0.0%
	TEN	F	-0.0%
	HASI	D	-0.0%
	ARCO	F	-0.0%
	ALTO	F	-0.0%
	CLDT	B	-0.0%
	DBI	F	-0.0%
	CSV	B	-0.0%
	CNOB	B	-0.0%
	BJRI	C	-0.0%
	EVRI	A	-0.0%
	DAY	B	-0.0%
	OPK	C	-0.0%
	WOW	C	-0.0%
	CCSI	C	-0.0%
	CMP	C	-0.0%
	HVT	D	-0.0%
	EDR	A	-0.0%
	XPRO	D	-0.0%
	CALX	D	-0.0%
	TBI	F	-0.0%
	MERC	F	-0.0%
	AGM	B	-0.0%
	AVO	C	-0.0%
	UFCS	A	-0.0%
	MTUS	C	-0.0%
	WMG	D	-0.0%
	TMP	B	-0.0%
	GDEN	B	-0.0%
	SHYF	C	-0.0%
	AHCO	F	-0.0%
	MATW	C	-0.0%
	HAFC	B	-0.0%
	OKTA	C	-0.0%
	WASH	C	-0.0%
	DAC	C	-0.0%
	RYAM	C	-0.0%
	MTW	C	-0.0%
	KNSL	B	-0.0%
	WRLD	C	-0.0%
	EBF	F	-0.0%
	CLB	B	-0.0%
	UTL	B	-0.0%
	THRY	D	-0.0%
	ASTH	F	-0.0%
	CNNE	B	-0.0%
	CLW	F	-0.0%
	VIR	D	-0.0%
	SGRY	F	-0.0%
	PFC	B	-0.0%
	SBLK	F	-0.0%
	HFWA	C	-0.0%
	GDOT	D	-0.0%
	OCFC	B	-0.0%
	SBSI	C	-0.0%
	VRNT	C	-0.0%
	VSEC	C	-0.0%
	PAGS	F	-0.0%
	CVGW	D	-0.0%
	EVTC	B	-0.0%
	XP	F	-0.0%
	BRKL	B	-0.0%
	TKO	A	-0.0%
	HMST	F	-0.0%
	CMRE	C	-0.0%
	RGR	F	-0.0%
	VAL	F	-0.0%
	MP	C	-0.0%
	SBCF	B	-0.0%
	SCVL	F	-0.0%
	PEGA	B	-0.0%
	SFIX	B	-0.0%
	USNA	C	-0.0%
	DT	D	-0.0%
	WTTR	A	-0.0%
	ACLS	F	-0.0%
	ILPT	F	-0.0%
	RKT	F	-0.0%
	HSII	B	-0.0%
	PRVA	C	-0.0%
	RWT	D	-0.0%
	SMP	C	-0.0%
	EGBN	B	-0.0%
	RC	D	-0.0%
	CBL	B	-0.0%
	LEVI	F	-0.0%
	CMTG	F	-0.0%
	IVT	A	-0.0%
	AMC	C	-0.0%
	PZZA	F	-0.0%
	USM	B	-0.0%
	CFFN	C	-0.0%
	MATV	D	-0.0%
	LYV	A	-0.0%
	SNOW	B	-0.0%
	NVRI	D	-0.0%
	MNRO	D	-0.0%
	IHRT	B	-0.0%
	IPAR	B	-0.0%
	ASTE	C	-0.0%
	ENPH	F	-0.0%
	ZUMZ	B	-0.0%
	CARS	C	-0.0%
	RGEN	D	-0.0%
	GLOB	B	-0.0%
	DHT	F	-0.0%
	GLDD	B	-0.0%
	NUS	D	-0.0%
	PUMP	C	-0.0%
	ASIX	B	-0.0%
	RES	D	-0.0%
	PRA	C	-0.0%
	FBRT	D	-0.0%
	EXAS	D	-0.0%
	GCO	C	-0.0%
	SWBI	C	-0.0%
	CNSL	C	-0.0%
	CSTM	F	-0.0%
	RDNT	B	-0.0%
	SENEA	A	-0.0%
	GLNG	C	-0.0%
	RDUS	B	-0.0%
	GTN	F	-0.0%
	NVEE	F	-0.0%
	PEN	B	-0.0%
	SNAP	D	-0.0%
	ZI	D	-0.0%
	AZTA	D	-0.0%
	INVA	D	-0.0%
	HLIO	B	-0.0%
	VTLE	C	-0.0%
	WING	D	-0.0%
	PARR	F	-0.0%
	LSCC	D	-0.0%
	AGRO	D	-0.0%
	NOG	B	-0.0%
	HZO	F	-0.0%
	LNN	B	-0.0%
	UIS	B	-0.0%
	NEOG	F	-0.0%
	LIVN	F	-0.0%
	ACCO	C	-0.0%
	GRBK	D	-0.0%
	BZH	C	-0.0%
	W	D	-0.0%
	COHU	C	-0.0%
	ICHR	C	-0.0%
	HAIN	D	-0.0%
	LTC	B	-0.0%
	CNDT	C	-0.0%
	NTB	B	-0.0%
	FCPT	C	-0.0%
	VRRM	F	-0.0%
	FBNC	B	-0.0%
	BRBR	A	-0.0%
	HAYW	B	-0.0%
	CCO	C	-0.0%
	NOVT	D	-0.0%
	EPRT	B	-0.0%
	VSAT	F	-0.0%
	FOXF	F	-0.0%
	AY	A	-0.0%
	AGX	B	-0.0%
	CHCO	B	-0.0%
	KLIC	B	-0.0%
	AMRK	F	-0.0%
	PSTG	D	-0.0%
	WHD	B	-0.0%
	CHEF	A	-0.0%
	CTS	C	-0.0%
	HTLD	C	-0.0%
	MELI	C	-0.0%
	AMCX	C	-0.0%
	ESGR	B	-0.0%
	PODD	C	-0.0%
	CMCO	C	-0.0%
	GTLS	A	-0.0%
	GFS	C	-0.0%
	MODG	F	-0.0%
	HCSG	C	-0.0%
	COTY	F	-0.0%
	TRIP	F	-0.0%
	CAL	F	-0.0%
	GES	F	-0.0%
	CVI	F	-0.0%
	BSY	F	-0.0%
	TOST	B	-0.0%
	CWST	A	-0.0%
	NTGR	B	-0.0%
	DFIN	D	-0.0%
	BNL	D	-0.0%
	OXM	F	-0.0%
	SEB	F	-0.0%
	SONO	C	-0.0%
	SMPL	B	-0.0%
	SCHL	F	-0.0%
	CWH	B	-0.0%
	ECVT	C	-0.0%
	EMBC	C	-0.0%
	NBIX	C	-0.0%
	ENV	B	-0.0%
	TRS	B	-0.0%
	KELYA	F	-0.0%
	MMI	C	-0.0%
	ERIE	D	-0.0%
	NNI	D	-0.0%
	OEC	C	-0.0%
	PGRE	F	-0.0%
	REYN	D	-0.0%
	PLAY	D	-0.0%
	WDFC	B	-0.0%
	EAF	C	-0.0%
	ATSG	B	-0.0%
	ELME	D	-0.0%
	BV	C	-0.0%
	KWR	C	-0.0%
	HHH	B	-0.0%
	EFSC	B	-0.0%
	SABR	C	-0.0%
	CNA	C	-0.0%
	KOP	C	-0.0%
	MD	C	-0.0%
	CUBI	B	-0.0%
	BDN	C	-0.0%
	BLMN	F	-0.0%
	EXPO	D	-0.0%
	MRCY	C	-0.0%
	NSA	C	-0.0%
	PTVE	B	-0.0%
	EYE	C	-0.0%
	OLED	F	-0.0%
	GWRE	A	-0.0%
	SMCI	F	-0.0%
	ZWS	B	-0.0%
	CRK	B	-0.0%
	THRM	F	-0.0%
	EBC	B	-0.0%

FESM: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Drug Manufacturers - Specialty & Generic Software - Infrastructure Medical Devices Specialty Retail Aerospace & Defense Diversified Industrials Electronic Components Insurance - Property & Casualty Medical Instruments & Supplies Asset Management Building Materials Business Services Diagnostics & Research REIT - Retail Telecom Services Oil & Gas E&P Oil & Gas Equipment & Services

Keywords: Medicine Biopharmaceutical Biotechnology Bank Banking Cancer Deposit Products Clinical Medicine Computing Disease Life Sciences Real Estate Investment Trust Commercial Banking Pharmaceutical Insurance Telecommunications Biology Immune System Construction Mining

FNDB: Top Represented Industries & Keywords

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

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