FNDA vs. IYC ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to iShares U.S. Consumer Services ETF (IYC)

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small 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

$31.73

Average Daily Volume

495,811

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

IYC

iShares U.S. Consumer Services ETF

IYC Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Consumer Services Index (the "underlying index"), which measures the performance of the consumer services sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$95.84

Average Daily Volume

99,848

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	IYC
30 Days	5.80%	7.96%
60 Days	6.02%	9.37%
90 Days	6.78%	12.94%
12 Months	28.61%	34.20%

47 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in IYC	Overlap
AAL	B	0.05%	0.15%	0.05%
ABNB	C	0.13%	0.93%	0.13%
ALK	B	0.05%	0.11%	0.05%
BFAM	D	0.11%	0.1%	0.1%
BYD	B	0.21%	0.08%	0.08%
CHDN	B	0.15%	0.16%	0.15%
CHH	A	0.09%	0.07%	0.07%
COLM	C	0.18%	0.04%	0.04%
COTY	F	0.06%	0.04%	0.04%
CPNG	D	0.11%	0.45%	0.11%
CROX	D	0.14%	0.09%	0.09%
DDS	B	0.11%	0.02%	0.02%
ETSY	D	0.12%	0.09%	0.09%
FIVE	F	0.1%	0.07%	0.07%
FND	D	0.13%	0.17%	0.13%
GME	C	0.31%	0.17%	0.17%
H	B	0.14%	0.11%	0.11%
HRB	D	0.13%	0.12%	0.12%
JWN	D	0.12%	0.04%	0.04%
LNW	F	0.16%	0.13%	0.13%
LOPE	C	0.23%	0.08%	0.08%
LYFT	C	0.07%	0.1%	0.07%
LYV	A	0.03%	0.34%	0.03%
MAT	D	0.19%	0.1%	0.1%
NYT	D	0.18%	0.14%	0.14%
OLLI	D	0.16%	0.09%	0.09%
PLNT	A	0.13%	0.14%	0.13%
RCL	A	0.45%	0.9%	0.45%
RH	C	0.16%	0.08%	0.08%
ROL	B	0.15%	0.22%	0.15%
SIRI	C	0.1%	0.1%	0.1%
SITE	F	0.15%	0.1%	0.1%
SN	D	0.17%	0.11%	0.11%
TKO	A	0.03%	0.17%	0.03%
TNL	A	0.15%	0.06%	0.06%
TRIP	F	0.06%	0.02%	0.02%
TTD	B	0.08%	0.85%	0.08%
TXRH	B	0.28%	0.21%	0.21%
UAA	C	0.25%	0.03%	0.03%
UAL	A	0.42%	0.5%	0.42%
VVV	D	0.17%	0.08%	0.08%
W	D	0.04%	0.06%	0.04%
WEN	D	0.13%	0.05%	0.05%
WH	B	0.23%	0.12%	0.12%
WING	D	0.04%	0.16%	0.04%
WYNN	C	0.18%	0.15%	0.15%
YETI	D	0.08%	0.05%	0.05%

FNDA Overweight 949 Positions Relative to IYC

Symbol	Grade	Weight
GEO	B	0.42%
SATS	D	0.38%
FICO	B	0.36%
COIN	C	0.34%
ANF	F	0.34%
UTHR	C	0.32%
SF	B	0.31%
APP	B	0.3%
XPO	B	0.3%
VSCO	C	0.29%
BKU	A	0.29%
FLS	B	0.29%
AIT	B	0.28%
MAC	B	0.28%
HRI	C	0.28%
WAL	B	0.28%
KMPR	A	0.28%
CXW	C	0.28%
HCC	B	0.27%
WBS	A	0.26%
OHI	C	0.26%
SWX	B	0.26%
CLH	C	0.26%
BWXT	B	0.26%
WWD	C	0.25%
SLVM	B	0.25%
FIX	A	0.25%
CRS	B	0.25%
LITE	B	0.25%
PRG	C	0.25%
Z	A	0.25%
GVA	A	0.25%
MHO	D	0.25%
VMI	B	0.25%
PNFP	B	0.24%
VRT	B	0.24%
SKYW	C	0.24%
DY	D	0.24%
PLXS	B	0.24%
SAIA	B	0.24%
HEI	A	0.24%
RDN	D	0.24%
FRT	B	0.23%
INCY	C	0.23%
CFR	B	0.23%
FDP	B	0.23%
VLTO	C	0.23%
WTFC	A	0.23%
SPB	C	0.23%
AWI	A	0.23%
PB	B	0.23%
SIG	B	0.23%
FNB	A	0.23%
DTM	A	0.23%
BKH	A	0.23%
GHC	B	0.23%
ESI	B	0.22%
KRC	B	0.22%
SPOT	B	0.22%
CBT	D	0.22%
CWK	C	0.22%
CR	A	0.22%
DEI	B	0.22%
VIRT	A	0.22%
COOP	B	0.22%
AVNT	B	0.22%
MOG.A	B	0.22%
ZM	C	0.22%
GATX	A	0.22%
CADE	B	0.22%
TTMI	C	0.22%
SEM	B	0.22%
HIW	C	0.21%
CRUS	D	0.21%
FDS	B	0.21%
PINC	B	0.21%
HWC	B	0.21%
ELAN	D	0.21%
TPC	C	0.21%
RXO	D	0.21%
CBSH	B	0.21%
KFY	B	0.21%
GMS	B	0.21%
IDA	A	0.21%
BHE	C	0.21%
ASB	B	0.21%
PNM	B	0.2%
TTEK	F	0.2%
KEX	B	0.2%
SBH	C	0.2%
FHB	B	0.2%
EXEL	B	0.2%
TRN	B	0.2%
SCCO	F	0.2%
OZK	B	0.2%
VLY	B	0.2%
MC	C	0.2%
CALM	A	0.2%
ELS	C	0.2%
GBX	A	0.2%
UNIT	B	0.2%
ARCB	C	0.19%
CRC	A	0.19%
JBLU	F	0.19%
STC	B	0.19%
TWLO	A	0.19%
SR	A	0.19%
LCII	C	0.19%
BIO	C	0.19%
ATGE	B	0.19%
FCN	F	0.19%
EAT	A	0.19%
DASH	B	0.19%
CCS	D	0.19%
NVST	B	0.19%
ADTN	A	0.19%
ENS	F	0.19%
ENVA	B	0.19%
HP	C	0.19%
CUZ	B	0.19%
AGNC	C	0.19%
OGS	A	0.19%
ACA	A	0.19%
UBSI	B	0.19%
SMG	C	0.19%
COLB	B	0.19%
KNF	B	0.19%
HLI	A	0.19%
WMK	C	0.18%
CUBE	C	0.18%
AMH	C	0.18%
HNI	B	0.18%
PATK	C	0.18%
RPRX	D	0.18%
DBRG	F	0.18%
TPL	A	0.18%
TEX	F	0.18%
SBRA	C	0.18%
GIII	D	0.18%
ACIW	B	0.18%
KMT	B	0.18%
URBN	C	0.18%
IMKTA	C	0.18%
BDC	C	0.17%
VNT	C	0.17%
HXL	F	0.17%
SSD	F	0.17%
APLE	B	0.17%
ALE	A	0.17%
NWE	B	0.17%
LAUR	A	0.17%
NOW	A	0.17%
PCH	F	0.17%
SUM	B	0.17%
ONB	C	0.17%
PSMT	D	0.17%
UMBF	B	0.17%
CATY	B	0.17%
WTM	A	0.17%
MTDR	B	0.17%
AMKR	D	0.17%
VSTS	C	0.17%
FUL	F	0.17%
PHIN	A	0.17%
WGO	C	0.17%
NJR	A	0.17%
GBCI	B	0.17%
UNF	B	0.17%
SPR	D	0.17%
ESAB	C	0.17%
CSGP	D	0.17%
ASH	F	0.17%
EEFT	B	0.17%
LFUS	D	0.17%
SHOO	F	0.17%
PIPR	A	0.17%
CNX	A	0.17%
PTEN	C	0.16%
EBS	C	0.16%
PLTR	B	0.16%
SKY	A	0.16%
COLD	D	0.16%
SIGI	C	0.16%
AVA	A	0.16%
WAFD	B	0.16%
VEEV	C	0.16%
APO	B	0.16%
GEF	A	0.16%
ZD	B	0.16%
OUT	A	0.16%
GTES	A	0.16%
MASI	B	0.16%
VYX	B	0.16%
SFNC	C	0.16%
AGO	B	0.16%
ENTG	D	0.16%
B	A	0.16%
PFSI	C	0.16%
CBRL	C	0.15%
DNOW	B	0.15%
AGR	A	0.15%
TCBI	C	0.15%
GMED	A	0.15%
FWRD	D	0.15%
ARES	A	0.15%
NOMD	D	0.15%
CEIX	A	0.15%
MOD	A	0.15%
APAM	B	0.15%
MTX	B	0.15%
LGIH	F	0.15%
SCS	C	0.15%
LZB	B	0.15%
SLG	B	0.15%
UVV	B	0.15%
MTCH	D	0.15%
WD	D	0.15%
PDCO	F	0.15%
KTB	B	0.15%
NNN	C	0.15%
ESNT	F	0.15%
RYN	D	0.14%
RRC	B	0.14%
ICUI	D	0.14%
EXLS	B	0.14%
ENSG	C	0.14%
NMRK	C	0.14%
AMWD	C	0.14%
SNDR	B	0.14%
APOG	C	0.14%
VSTO	A	0.14%
JAZZ	B	0.14%
BOH	B	0.14%
CDP	C	0.14%
TDC	D	0.14%
WTS	B	0.14%
KAR	B	0.14%
FULT	A	0.14%
OMI	F	0.14%
APG	B	0.14%
TYL	B	0.14%
MKTX	D	0.14%
MLKN	F	0.14%
SLGN	A	0.14%
MCY	A	0.14%
BXMT	C	0.14%
CNK	C	0.14%
CVLT	B	0.14%
SLAB	F	0.14%
AROC	A	0.14%
TPG	A	0.14%
CACC	D	0.14%
PPC	C	0.14%
YELP	C	0.14%
NEU	D	0.14%
BCO	F	0.14%
CVCO	A	0.14%
SXT	C	0.14%
HE	C	0.14%
SAH	C	0.14%
CGNX	D	0.14%
WMS	F	0.13%
DNB	B	0.13%
SCL	C	0.13%
IOSP	C	0.13%
RNR	C	0.13%
WEX	D	0.13%
HELE	C	0.13%
DORM	B	0.13%
ATKR	D	0.13%
RGLD	C	0.13%
SMTC	B	0.13%
THS	D	0.13%
IGT	F	0.13%
DLB	B	0.13%
RLI	A	0.13%
UPBD	B	0.13%
EPR	C	0.13%
IDCC	B	0.13%
CABO	B	0.13%
FTI	A	0.13%
COKE	C	0.13%
ABCB	B	0.13%
RYI	C	0.13%
DBX	B	0.13%
AMR	C	0.13%
ITRI	C	0.13%
PRIM	A	0.12%
HOPE	C	0.12%
FSLR	F	0.12%
CNM	D	0.12%
DRH	B	0.12%
CHX	C	0.12%
COMP	B	0.12%
IAC	F	0.12%
CHRD	D	0.12%
ANDE	D	0.12%
AXS	A	0.12%
HGV	C	0.12%
WTRG	B	0.12%
ECPG	C	0.12%
HEES	C	0.12%
PTC	B	0.12%
VRSN	C	0.12%
JELD	F	0.12%
JBT	B	0.12%
IPGP	D	0.12%
AMED	F	0.12%
TROX	D	0.12%
MSM	C	0.12%
JBGS	F	0.12%
LBRT	D	0.12%
RLJ	C	0.12%
TREX	C	0.12%
LRN	A	0.12%
ITGR	B	0.12%
AIR	B	0.12%
RIG	D	0.12%
BANR	B	0.12%
MWA	B	0.12%
FELE	B	0.12%
WWW	A	0.12%
WDAY	B	0.12%
BGC	C	0.12%
FR	D	0.11%
SASR	B	0.11%
EPC	F	0.11%
TECH	F	0.11%
ENOV	C	0.11%
PSN	D	0.11%
WSBC	B	0.11%
STAG	D	0.11%
STRL	A	0.11%
AX	B	0.11%
FN	C	0.11%
HI	C	0.11%
KALU	C	0.11%
XHR	B	0.11%
VIAV	C	0.11%
PPBI	C	0.11%
PLUS	F	0.11%
MPWR	F	0.11%
AEIS	C	0.11%
CIVI	D	0.11%
TRMK	C	0.11%
SKT	A	0.11%
MORN	B	0.11%
HPP	F	0.11%
BOKF	B	0.11%
DIOD	D	0.11%
PECO	A	0.11%
CRL	D	0.11%
HTH	C	0.11%
MANH	D	0.11%
CBU	B	0.11%
FSS	B	0.11%
HLF	C	0.11%
PBH	A	0.11%
FIBK	B	0.11%
MMS	F	0.11%
BLD	D	0.11%
CHE	D	0.11%
CVBF	A	0.11%
FHI	B	0.11%
TNET	F	0.11%
FFBC	B	0.11%
IBOC	B	0.11%
MYRG	B	0.11%
IBKR	A	0.11%
NGVT	B	0.11%
AM	A	0.1%
WSFS	B	0.1%
BOOT	C	0.1%
ABR	C	0.1%
NHC	C	0.1%
GFF	A	0.1%
WSC	F	0.1%
AEO	F	0.1%
HTLF	B	0.1%
ENR	B	0.1%
ACHC	F	0.1%
MGEE	B	0.1%
CORT	B	0.1%
HAE	C	0.1%
UE	B	0.1%
UCB	A	0.1%
SHO	D	0.1%
COMM	D	0.1%
NTCT	C	0.1%
LANC	C	0.1%
DHC	F	0.1%
BKE	B	0.1%
HOMB	A	0.1%
PFS	B	0.1%
PAYC	B	0.1%
AZZ	A	0.1%
KRG	B	0.1%
SAM	C	0.1%
SSB	B	0.1%
BXC	B	0.1%
LBRDK	C	0.09%
ALEX	B	0.09%
CNXN	C	0.09%
CSGS	B	0.09%
PDM	D	0.09%
ESE	B	0.09%
AAON	B	0.09%
FTDR	B	0.09%
CENTA	C	0.09%
PINS	F	0.09%
NHI	D	0.09%
RNG	C	0.09%
CWEN	C	0.09%
RAMP	B	0.09%
ESRT	C	0.09%
RBC	A	0.09%
AIN	C	0.09%
STRA	C	0.09%
ROCK	C	0.09%
ICFI	F	0.09%
PRDO	B	0.09%
NPO	A	0.09%
IBTX	B	0.09%
FFIN	B	0.09%
MMSI	A	0.09%
MGRC	B	0.09%
PBI	B	0.09%
MGY	A	0.09%
DXCM	C	0.09%
SCSC	C	0.09%
FRME	B	0.09%
RHP	B	0.09%
OSIS	A	0.09%
EIG	B	0.09%
TW	A	0.09%
OTTR	C	0.09%
IBP	D	0.09%
INDB	B	0.09%
JACK	C	0.09%
VSH	F	0.09%
VC	F	0.09%
BCPC	B	0.09%
SVC	F	0.09%
ROKU	D	0.09%
ORA	B	0.09%
BRKR	D	0.09%
MSA	F	0.09%
CNS	B	0.08%
OMCL	C	0.08%
ROIC	A	0.08%
RRR	F	0.08%
DLX	B	0.08%
UCTT	D	0.08%
REVG	C	0.08%
DOLE	D	0.08%
CARG	B	0.08%
GOLF	B	0.08%
MD	C	0.08%
KFRC	D	0.08%
ATI	C	0.08%
ARI	C	0.08%
IRDM	D	0.08%
SAFT	B	0.08%
CSWI	B	0.08%
HL	D	0.08%
WNC	C	0.08%
OII	B	0.08%
KW	C	0.08%
KLG	B	0.08%
ALGT	B	0.08%
CCOI	B	0.08%
PTON	A	0.08%
EGP	D	0.08%
PMT	C	0.08%
KOS	D	0.08%
BMRN	F	0.08%
WOR	F	0.08%
SYNA	C	0.08%
LXP	D	0.08%
GO	C	0.08%
NWBI	B	0.08%
NWN	A	0.08%
LILAK	D	0.08%
AKR	B	0.08%
TALO	C	0.08%
CBZ	B	0.08%
PRK	B	0.08%
POWI	F	0.08%
TOWN	B	0.08%
OPCH	D	0.08%
KAI	B	0.08%
AZEK	A	0.08%
ALIT	C	0.08%
PJT	A	0.07%
CPK	A	0.07%
CNA	C	0.07%
KOP	C	0.07%
HHH	B	0.07%
BMI	B	0.07%
CUBI	B	0.07%
QLYS	B	0.07%
SMCI	F	0.07%
SABR	C	0.07%
ONTO	F	0.07%
HLX	B	0.07%
EXPO	D	0.07%
BSIG	A	0.07%
NMIH	C	0.07%
FCF	B	0.07%
MRTN	D	0.07%
BRC	D	0.07%
EBC	B	0.07%
HQY	A	0.07%
EYE	C	0.07%
GWRE	A	0.07%
AUB	B	0.07%
OLED	F	0.07%
BLMN	F	0.07%
CRK	B	0.07%
ROG	D	0.07%
IART	C	0.07%
IRT	A	0.07%
OPEN	F	0.07%
SXI	B	0.07%
PR	B	0.07%
PTVE	B	0.07%
ADC	A	0.07%
REXR	F	0.07%
NX	C	0.07%
JJSF	C	0.07%
CASH	B	0.07%
ZWS	B	0.07%
NSP	F	0.07%
BDN	C	0.07%
PLAB	C	0.07%
MRCY	C	0.07%
THRM	F	0.07%
HMN	B	0.07%
PEB	D	0.07%
GNL	F	0.07%
AMN	F	0.07%
CDE	C	0.07%
CAKE	C	0.07%
HWKN	B	0.07%
TILE	B	0.07%
NBTB	B	0.07%
ALG	B	0.07%
CXT	C	0.07%
KN	B	0.07%
LADR	B	0.07%
CWT	C	0.07%
ROAD	B	0.07%
MTRN	C	0.07%
AXL	C	0.06%
CTS	C	0.06%
SMPL	B	0.06%
FBP	C	0.06%
EPAC	C	0.06%
GPRE	F	0.06%
AGX	B	0.06%
CVI	F	0.06%
ENV	B	0.06%
CWST	A	0.06%
PRGS	A	0.06%
HCSG	C	0.06%
BNL	D	0.06%
GTLS	A	0.06%
GES	F	0.06%
CAL	F	0.06%
TOST	B	0.06%
NTGR	B	0.06%
ECVT	C	0.06%
WHD	B	0.06%
MMI	C	0.06%
EMBC	C	0.06%
TDOC	C	0.06%
BLKB	B	0.06%
SEB	F	0.06%
GCI	D	0.06%
KTOS	B	0.06%
OXM	F	0.06%
TNC	D	0.06%
GFS	C	0.06%
TRS	B	0.06%
REYN	D	0.06%
MEDP	D	0.06%
BSY	F	0.06%
BUSE	B	0.06%
WDFC	B	0.06%
FORM	D	0.06%
OEC	C	0.06%
EFSC	B	0.06%
HURN	C	0.06%
KWR	C	0.06%
AWR	B	0.06%
SONO	C	0.06%
NNI	D	0.06%
DFIN	D	0.06%
PGRE	F	0.06%
ATSG	B	0.06%
VBTX	B	0.06%
ELME	D	0.06%
LGF.A	C	0.06%
CWH	B	0.06%
PLAY	D	0.06%
SCHL	F	0.06%
KELYA	F	0.06%
HALO	F	0.06%
BKD	F	0.06%
STBA	B	0.06%
ERIE	D	0.06%
EAF	C	0.06%
NBIX	C	0.06%
NSA	C	0.06%
EXPI	D	0.06%
AAT	B	0.06%
SJW	F	0.05%
UIS	B	0.05%
LIVN	F	0.05%
ACCO	C	0.05%
VRTS	B	0.05%
CNDT	C	0.05%
TRNO	F	0.05%
AY	A	0.05%
NTB	B	0.05%
HAYW	B	0.05%
CODI	B	0.05%
CHCO	B	0.05%
HTLD	C	0.05%
KLIC	B	0.05%
VRRM	F	0.05%
NOVT	D	0.05%
VSAT	F	0.05%
MRC	B	0.05%
VRE	B	0.05%
ICHR	C	0.05%
FOXF	F	0.05%
EPRT	B	0.05%
DEA	D	0.05%
SXC	A	0.05%
PODD	C	0.05%
SNBR	F	0.05%
FBNC	B	0.05%
BRBR	A	0.05%
CCO	C	0.05%
AMRK	F	0.05%
CHEF	A	0.05%
CMCO	C	0.05%
PSTG	D	0.05%
ADUS	D	0.05%
SUPN	C	0.05%
MELI	C	0.05%
BV	C	0.05%
ESGR	B	0.05%
MODG	F	0.05%
CNMD	C	0.05%
AMCX	C	0.05%
SENEA	A	0.04%
ASIX	B	0.04%
OFG	B	0.04%
ALRM	C	0.04%
IPAR	B	0.04%
CARS	C	0.04%
NVEE	F	0.04%
PRA	C	0.04%
CNSL	C	0.04%
SWBI	C	0.04%
INSW	F	0.04%
ENPH	F	0.04%
FBRT	D	0.04%
PUMP	C	0.04%
RDNT	B	0.04%
IHRT	B	0.04%
CPS	C	0.04%
GLOB	B	0.04%
WFRD	D	0.04%
SFL	D	0.04%
GLNG	C	0.04%
RDUS	B	0.04%
ZUMZ	B	0.04%
GCO	C	0.04%
CSTM	F	0.04%
DHT	F	0.04%
INVA	D	0.04%
GTN	F	0.04%
RES	D	0.04%
EXAS	D	0.04%
SFBS	C	0.04%
RGEN	D	0.04%
AGRO	D	0.04%
IVT	A	0.04%
PEN	B	0.04%
CMPR	D	0.04%
VTLE	C	0.04%
DXPE	C	0.04%
PARR	F	0.04%
ZI	D	0.04%
SNAP	D	0.04%
PRAA	D	0.04%
HLIO	B	0.04%
LNN	B	0.04%
VCTR	B	0.04%
HAIN	D	0.04%
NBR	C	0.04%
NOG	B	0.04%
LSCC	D	0.04%
HZO	F	0.04%
JBSS	F	0.04%
BZH	C	0.04%
MATX	C	0.04%
NEOG	F	0.04%
LKFN	C	0.04%
CRGY	B	0.04%
LTC	B	0.04%
AZTA	D	0.04%
RNST	B	0.04%
CNXC	F	0.04%
GRBK	D	0.04%
FCPT	C	0.04%
COHU	C	0.04%
CMRE	C	0.03%
ASTH	F	0.03%
KNSL	B	0.03%
DAC	C	0.03%
USNA	C	0.03%
XP	F	0.03%
BBSI	B	0.03%
WRLD	C	0.03%
CRAI	C	0.03%
MYGN	F	0.03%
RWT	D	0.03%
PAGS	F	0.03%
CNNE	B	0.03%
ZIMV	D	0.03%
THRY	D	0.03%
GDEN	B	0.03%
VIR	D	0.03%
EVTC	B	0.03%
CVGW	D	0.03%
HMST	F	0.03%
HSII	B	0.03%
SBCF	B	0.03%
AGM	B	0.03%
PRLB	B	0.03%
RGR	F	0.03%
ILPT	F	0.03%
UVE	B	0.03%
PEGA	B	0.03%
CPF	B	0.03%
SBLK	F	0.03%
MXL	C	0.03%
RMBS	B	0.03%
DT	D	0.03%
PRVA	C	0.03%
MP	C	0.03%
CTRE	C	0.03%
GLDD	B	0.03%
SSTK	F	0.03%
RKT	F	0.03%
RC	D	0.03%
STNG	F	0.03%
AMC	C	0.03%
CFFN	C	0.03%
CBL	B	0.03%
VAL	F	0.03%
WTTR	A	0.03%
LEVI	F	0.03%
VRNT	C	0.03%
MATV	D	0.03%
CMTG	F	0.03%
TSE	F	0.03%
SCVL	F	0.03%
SMP	C	0.03%
SGRY	F	0.03%
USM	B	0.03%
NUS	D	0.03%
SPSC	D	0.03%
STEP	C	0.03%
MNRO	D	0.03%
TRTX	C	0.03%
ACLS	F	0.03%
SNOW	B	0.03%
NVRI	D	0.03%
EGBN	B	0.03%
ASTE	C	0.03%
VSEC	C	0.03%
PZZA	F	0.03%
BGS	F	0.03%
LPG	F	0.03%
PLCE	C	0.02%
GTY	A	0.02%
ARKO	C	0.02%
CTRN	F	0.02%
CLDT	B	0.02%
NPK	B	0.02%
HASI	D	0.02%
BRY	F	0.02%
FIZZ	C	0.02%
CLOV	D	0.02%
AMBC	C	0.02%
CLVT	D	0.02%
ALTO	F	0.02%
IRWD	F	0.02%
BRSP	C	0.02%
RYAM	C	0.02%
KRNY	C	0.02%
CMP	C	0.02%
CCSI	C	0.02%
DAY	B	0.02%
ARCO	F	0.02%
DHIL	B	0.02%
RUN	F	0.02%
DBI	F	0.02%
TEN	F	0.02%
AVNS	F	0.02%
OPK	C	0.02%
CSR	B	0.02%
GNK	D	0.02%
SHEN	F	0.02%
CSV	B	0.02%
WOW	C	0.02%
KREF	C	0.02%
SRCE	B	0.02%
EDR	A	0.02%
ALKS	C	0.02%
CLB	B	0.02%
WABC	B	0.02%
HVT	D	0.02%
AVO	C	0.02%
HFWA	C	0.02%
MTW	C	0.02%
EBF	F	0.02%
MERC	F	0.02%
XPRO	D	0.02%
CNOB	B	0.02%
WASH	C	0.02%
CALX	D	0.02%
ZEUS	C	0.02%
BANF	B	0.02%
TMP	B	0.02%
SHYF	C	0.02%
TCBK	C	0.02%
UFCS	A	0.02%
UTL	B	0.02%
HAFC	B	0.02%
MATW	C	0.02%
BJRI	C	0.02%
STNE	F	0.02%
WMG	D	0.02%
PFC	B	0.02%
EVRI	A	0.02%
DCO	C	0.02%
AHCO	F	0.02%
TBI	F	0.02%
BRKL	B	0.02%
CLW	F	0.02%
WOOF	D	0.02%
MTUS	C	0.02%
GDOT	D	0.02%
OKTA	C	0.02%
SBSI	C	0.02%
OCFC	B	0.02%
SFIX	B	0.02%
ETD	C	0.02%
VTOL	B	0.01%
IIIN	C	0.01%
RILY	F	0.01%
NBHC	C	0.01%
SNEX	B	0.01%
LESL	D	0.01%
FBK	C	0.01%
LGND	C	0.01%
GPRO	F	0.01%
MBUU	B	0.01%
BHLB	B	0.01%
PKST	F	0.01%
KE	C	0.01%
HLNE	B	0.01%
AVD	C	0.01%
JRVR	F	0.01%
PRM	C	0.01%
GSL	F	0.01%
AMSF	B	0.01%
SSP	F	0.01%
SRI	F	0.01%
MODV	C	0.01%
ATNI	F	0.01%
NU	C	0.01%
CRMT	D	0.01%
BMBL	C	0.01%
PETS	C	0.01%
CENT	C	0.01%
MED	D	0.01%
CCRN	F	0.01%
FLGT	F	0.01%
MOV	D	0.01%
GPMT	C	0.01%
TPIC	F	0.01%
OPI	F	0.01%
IRBT	F	0.01%
MYE	F	0.01%
DENN	D	0.01%
SSYS	B	0.01%
AGL	F	0.01%
DIN	C	0.01%
VREX	B	0.01%
WOLF	F	0.01%
TITN	C	0.01%
RGP	F	0.01%
USPH	B	0.01%
OIS	B	0.01%
FLWS	D	0.01%
PLOW	D	0.01%
MEI	F	0.01%
CHGG	C	0.0%
EVH	F	0.0%
PCRX	C	0.0%
MGPI	F	0.0%
ALGM	D	0.0%
GIC	D	0.0%
TWI	F	0.0%
SEG	B	0.0%
HY	D	0.0%
WTI	F	0.0%
GSM	D	0.0%
CRNC	C	0.0%
AMPH	F	0.0%
SPWH	F	0.0%
DNUT	F	0.0%
HAYN	A	0.0%
ONEW	F	0.0%
THR	B	0.0%
INMD	C	0.0%
TTEC	F	0.0%
MSBI	B	0.0%
AMRC	F	0.0%
CMTL	F	0.0%
IIPR	D	0.0%
HOV	D	0.0%
REX	D	0.0%
SEDG	F	0.0%
PEBO	B	0.0%
LXU	B	0.0%
TBBK	B	0.0%
AOSL	C	0.0%
NR	B	0.0%
CRVL	B	0.0%
NIC	B	0.0%
PFBC	B	0.0%

FNDA Underweight 126 Positions Relative to IYC

Symbol	Grade	Weight
AMZN	C	-14.29%
TSLA	B	-8.66%
NFLX	A	-4.53%
COST	A	-4.5%
HD	B	-4.46%
WMT	A	-4.38%
MCD	D	-3.38%
DIS	B	-3.33%
BKNG	A	-2.74%
LOW	C	-2.39%
UBER	F	-2.24%
TJX	A	-2.19%
SBUX	A	-1.8%
NKE	F	-1.43%
CMG	B	-1.29%
TGT	F	-1.16%
ORLY	B	-1.12%
MAR	A	-1.03%
HLT	A	-0.99%
GM	C	-0.99%
AZO	C	-0.85%
CPRT	B	-0.79%
DHI	F	-0.78%
ROST	D	-0.74%
EA	A	-0.72%
F	C	-0.7%
DAL	B	-0.67%
LEN	D	-0.65%
YUM	D	-0.6%
LULU	C	-0.59%
TTWO	A	-0.52%
GRMN	B	-0.52%
EBAY	D	-0.5%
TSCO	D	-0.47%
CVNA	B	-0.44%
PHM	D	-0.43%
RBLX	C	-0.43%
DECK	A	-0.43%
NVR	D	-0.41%
CCL	A	-0.4%
WBD	B	-0.37%
EXPE	B	-0.36%
DKNG	B	-0.32%
OMC	C	-0.31%
DRI	B	-0.31%
LUV	C	-0.31%
BBY	D	-0.3%
BURL	B	-0.28%
LVS	B	-0.28%
WSM	C	-0.28%
FWONK	A	-0.27%
DG	F	-0.27%
GPC	D	-0.27%
ULTA	F	-0.26%
DPZ	C	-0.25%
TOL	B	-0.25%
EL	F	-0.24%
APTV	F	-0.23%
POOL	C	-0.22%
TPR	B	-0.21%
DLTR	F	-0.21%
SCI	B	-0.2%
DUOL	A	-0.19%
KMX	B	-0.19%
NWSA	A	-0.18%
DKS	D	-0.18%
NCLH	B	-0.18%
BJ	A	-0.18%
IPG	D	-0.17%
FOXA	A	-0.17%
CAVA	B	-0.17%
MUSA	B	-0.16%
ARMK	B	-0.16%
LKQ	F	-0.16%
LAD	A	-0.16%
HAS	D	-0.14%
MGM	D	-0.14%
TPX	B	-0.14%
SKX	D	-0.13%
CZR	F	-0.13%
RL	C	-0.13%
RIVN	F	-0.13%
BWA	D	-0.12%
ELF	C	-0.11%
MTN	C	-0.11%
GNTX	C	-0.11%
VFC	C	-0.11%
BBWI	C	-0.11%
UHAL	D	-0.1%
PARA	C	-0.1%
BROS	A	-0.09%
PVH	C	-0.09%
THO	B	-0.09%
FOX	A	-0.09%
WHR	B	-0.09%
NXST	C	-0.08%
LEA	F	-0.08%
MSGS	A	-0.07%
M	F	-0.07%
AN	C	-0.07%
GAP	C	-0.07%
NWS	A	-0.06%
NWL	C	-0.06%
HOG	D	-0.06%
PAG	B	-0.05%
PENN	C	-0.05%
LLYVK	A	-0.05%
VAC	C	-0.05%
PII	F	-0.05%
AAP	D	-0.04%
CPRI	F	-0.04%
UA	C	-0.03%
FWONA	A	-0.03%
CAR	C	-0.03%
QS	F	-0.03%
LEN	D	-0.03%
BIRK	D	-0.03%
KSS	F	-0.03%
CRI	F	-0.03%
LCID	F	-0.03%
AS	A	-0.02%
LLYVA	A	-0.02%
LEG	F	-0.02%
UHAL	D	-0.01%
PLTK	B	-0.01%
PARAA	B	-0.0%