FNDA vs. MIDU ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to Direxion Mid Cap Bull 3X Shares (MIDU)

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

$54.61

Average Daily Volume

273,739

Number of Holdings ^*

1004

* may have additional holdings in another (foreign) market

MIDU

Direxion Mid Cap Bull 3X Shares

MIDU Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P MidCapÂ® 400 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P MidCapÂ® 400 Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the mid-cap segment of the U.S. equity universe, which is a capitalization-weighted index composed of 400 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.90

Average Daily Volume

102,823

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	MIDU
30 Days	-2.40%	-6.24%
60 Days	-2.22%	-9.00%
90 Days	-2.06%	-12.06%
12 Months	11.30%	22.26%

218 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in MIDU	Overlap
AAON	B	0.06%	0.16%	0.06%
ACHC	F	0.18%	0.17%	0.17%
ADC	B	0.06%	0.17%	0.06%
AIT	C	0.22%	0.2%	0.2%
ALE	C	0.18%	0.1%	0.1%
ALGM	C	0.01%	0.06%	0.01%
AM	B	0.1%	0.13%	0.1%
AMED	A	0.13%	0.08%	0.08%
AMH	A	0.19%	0.32%	0.19%
AMKR	B	0.27%	0.11%	0.11%
ASB	D	0.18%	0.08%	0.08%
ASH	D	0.22%	0.12%	0.12%
AVNT	D	0.21%	0.1%	0.1%
AZTA	D	0.06%	0.07%	0.06%
BCO	B	0.18%	0.12%	0.12%
BDC	C	0.14%	0.1%	0.1%
BKH	D	0.22%	0.1%	0.1%
BLD	D	0.06%	0.32%	0.06%
BLKB	D	0.06%	0.08%	0.06%
BMRN	C	0.11%	0.41%	0.11%
BRBR	B	0.04%	0.21%	0.04%
BRKR	F	0.12%	0.16%	0.12%
BWXT	B	0.22%	0.23%	0.22%
BYD	C	0.16%	0.1%	0.1%
CACC	B	0.09%	0.08%	0.08%
CACC	B	0.18%	0.08%	0.08%
CADE	D	0.18%	0.14%	0.14%
CBSH	C	0.18%	0.17%	0.17%
CBT	D	0.21%	0.13%	0.13%
CFR	D	0.17%	0.17%	0.17%
CGNX	B	0.17%	0.22%	0.17%
CHDN	B	0.17%	0.25%	0.17%
CHE	D	0.06%	0.22%	0.06%
CHH	B	0.07%	0.07%	0.07%
CHRD	C	0.13%	0.29%	0.13%
CHX	C	0.12%	0.17%	0.12%
CIVI	D	0.11%	0.17%	0.11%
CLH	B	0.27%	0.3%	0.27%
CNM	D	0.12%	0.22%	0.12%
CNX	C	0.07%	0.1%	0.07%
CNXC	C	0.12%	0.08%	0.08%
COKE	B	0.13%	0.14%	0.13%
COLB	D	0.15%	0.11%	0.11%
COLM	D	0.18%	0.07%	0.07%
COTY	F	0.08%	0.09%	0.08%
CR	C	0.2%	0.19%	0.19%
CROX	C	0.24%	0.24%	0.24%
CRUS	A	0.31%	0.18%	0.18%
CUBE	B	0.18%	0.27%	0.18%
CUZ	D	0.16%	0.09%	0.09%
CVLT	B	0.13%	0.15%	0.13%
DBX	D	0.06%	0.15%	0.06%
DLB	D	0.14%	0.13%	0.13%
DT	F	0.02%	0.29%	0.02%
DTM	B	0.19%	0.18%	0.18%
EEFT	D	0.19%	0.12%	0.12%
EGP	B	0.09%	0.22%	0.09%
ELS	C	0.21%	0.32%	0.21%
ENOV	F	0.1%	0.06%	0.06%
ENS	C	0.22%	0.11%	0.11%
EPR	C	0.14%	0.08%	0.08%
ERIE	C	0.03%	0.24%	0.03%
ESAB	D	0.14%	0.14%	0.14%
ESNT	C	0.17%	0.16%	0.16%
ETRN	D	0.06%	0.15%	0.06%
EXEL	C	0.14%	0.17%	0.14%
EXLS	B	0.1%	0.14%	0.1%
EXPO	C	0.07%	0.13%	0.07%
FCN	D	0.23%	0.2%	0.2%
FFIN	D	0.07%	0.1%	0.07%
FHI	C	0.05%	0.07%	0.05%
FIVE	F	0.09%	0.16%	0.09%
FIX	D	0.21%	0.3%	0.21%
FLS	D	0.27%	0.17%	0.17%
FNB	C	0.2%	0.13%	0.13%
FND	F	0.13%	0.28%	0.13%
FR	C	0.1%	0.17%	0.1%
GATX	B	0.22%	0.13%	0.13%
GBCI	D	0.13%	0.11%	0.11%
GEF	F	0.14%	0.04%	0.04%
GHC	D	0.2%	0.07%	0.07%
GME	C	0.33%	0.18%	0.18%
GMED	B	0.16%	0.21%	0.16%
GTLS	D	0.02%	0.16%	0.02%
H	C	0.15%	0.18%	0.15%
HAE	C	0.1%	0.11%	0.1%
HALO	B	0.07%	0.18%	0.07%
HELE	F	0.15%	0.06%	0.06%
HGV	D	0.1%	0.07%	0.07%
HLI	A	0.16%	0.19%	0.16%
HOMB	D	0.06%	0.12%	0.06%
HQY	B	0.06%	0.19%	0.06%
HRB	B	0.07%	0.21%	0.07%
HWC	C	0.18%	0.11%	0.11%
HXL	D	0.19%	0.14%	0.14%
IBKR	B	0.09%	0.36%	0.09%
IBOC	C	0.1%	0.08%	0.08%
IDA	D	0.19%	0.12%	0.12%
IPGP	D	0.13%	0.07%	0.07%
IRDM	D	0.07%	0.09%	0.07%
IRT	B	0.07%	0.11%	0.07%
JAZZ	F	0.07%	0.17%	0.07%
JWN	B	0.07%	0.06%	0.06%
KEX	B	0.21%	0.19%	0.19%
KMPR	C	0.28%	0.1%	0.1%
KNF	C	0.16%	0.11%	0.11%
KNSL	F	0.02%	0.23%	0.02%
KRC	F	0.19%	0.09%	0.09%
KRG	B	0.09%	0.13%	0.09%
LANC	B	0.11%	0.1%	0.1%
LFUS	C	0.18%	0.17%	0.17%
LITE	B	0.15%	0.1%	0.1%
LIVN	D	0.05%	0.08%	0.05%
LNW	B	0.22%	0.25%	0.22%
LOPE	C	0.21%	0.11%	0.11%
LSCC	D	0.04%	0.23%	0.04%
MANH	B	0.11%	0.4%	0.11%
MASI	F	0.14%	0.14%	0.14%
MAT	F	0.17%	0.15%	0.15%
MEDP	C	0.09%	0.25%	0.09%
MMS	B	0.07%	0.14%	0.07%
MORN	B	0.11%	0.21%	0.11%
MP	D	0.01%	0.05%	0.01%
MSA	C	0.11%	0.18%	0.11%
MSM	F	0.06%	0.1%	0.06%
MTDR	D	0.17%	0.19%	0.17%
NBIX	C	0.07%	0.37%	0.07%
NEOG	C	0.05%	0.08%	0.05%
NEU	D	0.14%	0.1%	0.1%
NJR	D	0.17%	0.11%	0.11%
NNN	B	0.17%	0.21%	0.17%
NOVT	C	0.05%	0.15%	0.05%
NSA	B	0.07%	0.08%	0.07%
NSP	F	0.09%	0.09%	0.09%
NVST	F	0.14%	0.07%	0.07%
NWE	D	0.16%	0.08%	0.08%
NYT	A	0.19%	0.23%	0.19%
OGS	C	0.17%	0.1%	0.1%
OHI	B	0.25%	0.22%	0.22%
OLED	A	0.09%	0.25%	0.09%
OLLI	B	0.19%	0.16%	0.16%
ONB	B	0.14%	0.14%	0.14%
ONTO	B	0.1%	0.3%	0.1%
OPCH	F	0.1%	0.13%	0.1%
ORA	C	0.1%	0.1%	0.1%
OZK	D	0.18%	0.11%	0.11%
PB	D	0.19%	0.15%	0.15%
PCH	F	0.16%	0.08%	0.08%
PEN	D	0.03%	0.18%	0.03%
PLNT	B	0.11%	0.17%	0.11%
PNFP	D	0.17%	0.16%	0.16%
PNM	D	0.17%	0.09%	0.09%
POWI	D	0.09%	0.11%	0.09%
PPC	B	0.13%	0.04%	0.04%
PR	C	0.07%	0.23%	0.07%
PSTG	B	0.07%	0.52%	0.07%
QLYS	D	0.06%	0.14%	0.06%
RBC	C	0.08%	0.21%	0.08%
REXR	C	0.08%	0.26%	0.08%
RGEN	F	0.03%	0.17%	0.03%
RGLD	B	0.13%	0.23%	0.13%
RH	D	0.12%	0.1%	0.1%
RLI	D	0.1%	0.15%	0.1%
RMBS	B	0.02%	0.17%	0.02%
RNR	D	0.19%	0.3%	0.19%
RRC	D	0.13%	0.22%	0.13%
RYN	D	0.14%	0.1%	0.1%
SAIA	C	0.21%	0.33%	0.21%
SAM	C	0.1%	0.07%	0.07%
SBRA	A	0.17%	0.1%	0.1%
SF	B	0.24%	0.23%	0.23%
SIGI	F	0.15%	0.15%	0.15%
SLAB	D	0.15%	0.1%	0.1%
SLGN	D	0.09%	0.09%	0.09%
SMG	D	0.21%	0.07%	0.07%
SR	C	0.19%	0.09%	0.09%
SRCL	B	0.2%	0.14%	0.14%
SSB	D	0.04%	0.15%	0.04%
SSD	F	0.17%	0.19%	0.17%
STAG	B	0.11%	0.18%	0.11%
SWX	D	0.28%	0.11%	0.11%
SYNA	F	0.1%	0.09%	0.09%
TCBI	C	0.11%	0.08%	0.08%
TDC	C	0.15%	0.09%	0.09%
TEX	D	0.19%	0.1%	0.1%
TNL	D	0.07%	0.08%	0.07%
TPL	B	0.11%	0.37%	0.11%
TREX	F	0.13%	0.21%	0.13%
TTEK	D	0.24%	0.29%	0.24%
TXRH	B	0.29%	0.3%	0.29%
UAA	F	0.18%	0.03%	0.03%
UBSI	D	0.16%	0.11%	0.11%
UMBF	C	0.13%	0.1%	0.1%
UTHR	B	0.3%	0.37%	0.3%
VAL	B	0.05%	0.12%	0.05%
VC	D	0.11%	0.08%	0.08%
VLY	F	0.14%	0.08%	0.08%
VMI	C	0.22%	0.14%	0.14%
VNT	D	0.17%	0.16%	0.16%
VSH	D	0.07%	0.07%	0.07%
VVV	B	0.18%	0.15%	0.15%
WBS	D	0.18%	0.2%	0.18%
WEN	F	0.13%	0.07%	0.07%
WEX	D	0.12%	0.2%	0.12%
WFRD	B	0.07%	0.25%	0.07%
WH	C	0.19%	0.16%	0.16%
WING	B	0.06%	0.33%	0.06%
WMG	D	0.01%	0.12%	0.01%
WMS	D	0.15%	0.28%	0.15%
WOLF	F	0.03%	0.08%	0.03%
WTFC	D	0.19%	0.16%	0.16%
WTRG	C	0.06%	0.25%	0.06%
WTS	D	0.13%	0.13%	0.13%
WWD	D	0.28%	0.28%	0.28%
XPO	C	0.25%	0.33%	0.25%
YETI	F	0.08%	0.08%	0.08%
ZD	F	0.14%	0.07%	0.07%
ZI	F	0.04%	0.09%	0.04%

FNDA Overweight 786 Positions Relative to MIDU

Symbol	Grade	Weight
ANF	C	0.57%
SATS	B	0.45%
COIN	C	0.41%
SMCI	B	0.41%
RCL	B	0.41%
HCC	C	0.3%
FICO	A	0.29%
TPC	C	0.28%
DY	B	0.28%
MAC	D	0.26%
SLVM	D	0.26%
WIRE	A	0.26%
VLTO	D	0.25%
RDN	B	0.25%
GEO	B	0.25%
BKU	C	0.24%
UAL	D	0.24%
SEM	A	0.24%
SCCO	C	0.24%
SPR	B	0.24%
SPOT	B	0.24%
RXO	B	0.23%
ESI	B	0.23%
ENTG	B	0.23%
HEI	B	0.23%
AGO	D	0.23%
AGNC	A	0.23%
SPB	D	0.23%
DBRG	F	0.22%
SIG	D	0.22%
ELAN	D	0.22%
MHO	D	0.22%
HP	D	0.22%
URBN	C	0.22%
FRT	C	0.22%
KFY	B	0.21%
TTMI	B	0.21%
PRG	D	0.21%
BHE	D	0.21%
WAL	B	0.21%
ADTN	D	0.2%
HIW	C	0.2%
EBS	B	0.2%
MOG.A	C	0.2%
AWI	D	0.2%
CRS	B	0.2%
VRT	C	0.2%
AIRC	A	0.2%
DHC	B	0.2%
COOP	D	0.2%
TRN	D	0.19%
PLXS	D	0.19%
FUL	D	0.19%
PDCO	F	0.19%
SHOO	C	0.19%
COLD	C	0.19%
RPRX	F	0.19%
GVA	B	0.19%
PTEN	F	0.19%
WTM	D	0.18%
GBX	D	0.18%
ATGE	A	0.18%
MLKN	D	0.18%
FN	C	0.18%
TROX	D	0.18%
GIII	F	0.18%
DEI	D	0.18%
ARCB	D	0.18%
SIX	B	0.18%
CXW	D	0.18%
STC	D	0.18%
INCY	D	0.18%
FDS	C	0.18%
CCS	D	0.18%
WYNN	D	0.18%
GMS	D	0.18%
VIRT	C	0.17%
PSMT	D	0.17%
Z	C	0.17%
LCII	F	0.17%
PFSI	B	0.17%
MTX	C	0.17%
FHB	C	0.17%
PINC	F	0.17%
HNI	C	0.17%
SCS	C	0.17%
HRI	F	0.17%
CRC	C	0.17%
MPWR	B	0.17%
CSGP	F	0.17%
CWK	C	0.17%
IMKTA	F	0.17%
DNOW	D	0.16%
ZM	F	0.16%
FDP	F	0.16%
KMT	F	0.16%
SKYW	B	0.16%
JELD	F	0.16%
HLF	C	0.16%
OMI	F	0.16%
AVA	D	0.16%
WMK	D	0.16%
MOD	B	0.16%
AGR	C	0.16%
APG	C	0.16%
NOMD	D	0.16%
PATK	D	0.16%
ATKR	F	0.16%
UNF	B	0.16%
MC	A	0.16%
SBH	D	0.16%
SVC	F	0.16%
SN	C	0.16%
APLE	D	0.16%
B	B	0.16%
AXS	C	0.16%
ACA	D	0.16%
CALM	B	0.15%
LBRT	D	0.15%
AMN	F	0.15%
SUM	D	0.15%
LZB	C	0.15%
KELYA	D	0.15%
YELP	F	0.15%
UVV	D	0.15%
AMR	D	0.15%
MTCH	F	0.15%
BIO	D	0.15%
EAT	C	0.15%
WD	D	0.15%
VSCO	D	0.15%
ACIW	A	0.15%
THS	C	0.15%
ROL	A	0.15%
SXT	C	0.15%
KAR	C	0.14%
VSTO	B	0.14%
SCSC	D	0.14%
PIPR	A	0.14%
APAM	D	0.14%
RIG	F	0.14%
SCL	D	0.14%
OUT	C	0.14%
AROC	B	0.14%
LAUR	C	0.14%
DIOD	C	0.14%
AIR	B	0.14%
PHIN	D	0.14%
SAH	D	0.14%
HE	F	0.14%
BXMT	C	0.14%
WGO	F	0.14%
ENSG	B	0.13%
KALU	D	0.13%
IGT	F	0.13%
VSTS	F	0.13%
WWW	C	0.13%
GTES	D	0.13%
FULT	D	0.13%
KTB	D	0.13%
MCY	C	0.13%
DDS	D	0.13%
RLJ	F	0.13%
DASH	C	0.13%
TYL	A	0.13%
ETSY	F	0.13%
JBGS	B	0.13%
HI	F	0.13%
LGIH	F	0.13%
EPC	B	0.13%
PINS	B	0.13%
SITE	F	0.13%
BFAM	C	0.13%
ITRI	C	0.13%
WAFD	C	0.13%
IOSP	D	0.13%
ARES	C	0.13%
CEIX	B	0.13%
HPP	D	0.13%
ENVA	B	0.13%
CATY	D	0.13%
VEEV	D	0.13%
TPG	D	0.12%
AZZ	D	0.12%
CVCO	D	0.12%
BOH	F	0.12%
IAC	F	0.12%
DRH	D	0.12%
DLX	D	0.12%
TNET	F	0.12%
PTC	B	0.12%
CNK	A	0.12%
ITGR	C	0.12%
FSS	D	0.12%
AMWD	F	0.12%
SITC	B	0.12%
ABNB	B	0.12%
FELE	D	0.12%
SNDR	B	0.12%
APOG	D	0.12%
HIBB	A	0.12%
SFNC	D	0.12%
JBLU	C	0.12%
ECPG	D	0.11%
ABCB	C	0.11%
JACK	F	0.11%
DOLE	C	0.11%
PDM	B	0.11%
ICUI	B	0.11%
PBH	C	0.11%
TWLO	D	0.11%
CBRL	F	0.11%
BOOT	B	0.11%
CSTM	D	0.11%
TECH	D	0.11%
AEIS	C	0.11%
UCTT	A	0.11%
OTTR	D	0.11%
UNIT	D	0.11%
STRA	C	0.11%
APP	B	0.11%
MKTX	C	0.11%
NGVT	F	0.11%
PLUS	D	0.11%
HTH	D	0.11%
XHR	D	0.11%
CABO	F	0.11%
SHO	C	0.11%
SKY	F	0.11%
BGC	C	0.11%
DXCM	D	0.11%
GO	D	0.1%
FFBC	D	0.1%
FIBK	B	0.1%
SMTC	C	0.1%
SIRI	C	0.1%
GFF	D	0.1%
NHC	A	0.1%
ICFI	D	0.1%
DNB	F	0.1%
DORM	C	0.1%
PSN	C	0.1%
MYRG	F	0.1%
HOPE	C	0.1%
AIN	D	0.1%
TRMK	C	0.1%
IBP	D	0.1%
BDN	D	0.1%
WDAY	D	0.1%
AXL	F	0.1%
WSC	F	0.1%
BOKF	D	0.1%
FORM	A	0.1%
PECO	C	0.1%
JBT	F	0.1%
WOR	F	0.1%
KOS	F	0.1%
LRN	D	0.1%
IDCC	A	0.1%
PBI	A	0.1%
NMRK	C	0.1%
MWA	C	0.1%
CBU	B	0.09%
HCSG	D	0.09%
CBZ	D	0.09%
TALO	F	0.09%
CNXN	D	0.09%
VSAT	F	0.09%
KFRC	D	0.09%
ALEX	B	0.09%
NTCT	D	0.09%
CWEN	D	0.09%
ATI	C	0.09%
SCHL	D	0.09%
TW	C	0.09%
ESGR	A	0.09%
THRM	F	0.09%
GCI	B	0.09%
BLMN	F	0.09%
FSLR	C	0.09%
ROCK	D	0.09%
AMCX	F	0.09%
AX	B	0.09%
CENTA	D	0.09%
RAMP	C	0.09%
RHP	D	0.09%
LXP	B	0.09%
ESRT	C	0.09%
WNC	F	0.09%
WSBC	D	0.09%
NPO	D	0.09%
BCPC	A	0.09%
UE	B	0.09%
NHI	A	0.09%
ARI	D	0.09%
LGF.A	D	0.09%
BANR	C	0.09%
HEES	F	0.09%
MODG	D	0.09%
RRR	B	0.09%
CVBF	C	0.09%
PPBI	F	0.09%
OSIS	C	0.09%
ENR	C	0.09%
PMT	C	0.09%
PGRE	C	0.09%
BKD	C	0.09%
AMRK	C	0.09%
SKT	D	0.09%
ABR	B	0.09%
NWN	F	0.08%
MRC	D	0.08%
CNA	B	0.08%
FRME	D	0.08%
KN	D	0.08%
CODI	D	0.08%
HZO	C	0.08%
BV	C	0.08%
HL	C	0.08%
TRIP	F	0.08%
OII	B	0.08%
SAFT	D	0.08%
OXM	D	0.08%
PFS	D	0.08%
AZEK	D	0.08%
KW	C	0.08%
PLTR	A	0.08%
CVI	F	0.08%
STNG	B	0.08%
CLW	D	0.08%
RYI	F	0.08%
CWT	C	0.08%
MGEE	D	0.08%
OEC	F	0.08%
AY	B	0.08%
MELI	B	0.08%
FBP	B	0.08%
HTLF	B	0.08%
LADR	A	0.08%
JJSF	B	0.08%
ROG	D	0.08%
VGR	C	0.08%
GNL	C	0.08%
EMBC	F	0.08%
GOLF	C	0.08%
MMSI	B	0.08%
STRL	D	0.08%
KLIC	B	0.08%
REVG	D	0.08%
SFL	C	0.08%
NUS	F	0.08%
MGY	B	0.08%
BSIG	C	0.08%
HLX	B	0.08%
WSFS	B	0.08%
EIG	C	0.08%
UCBI	D	0.08%
BKE	D	0.08%
MGRC	D	0.08%
PRDO	C	0.08%
PEB	D	0.08%
CDE	A	0.08%
CNDT	D	0.07%
ENV	C	0.07%
ANDE	D	0.07%
VRSN	C	0.07%
CORT	C	0.07%
INDB	D	0.07%
ALG	F	0.07%
FTI	B	0.07%
REYN	D	0.07%
EYE	F	0.07%
PUMP	F	0.07%
NX	F	0.07%
TTD	A	0.07%
KOP	F	0.07%
NMIH	B	0.07%
PAGS	C	0.07%
GTN	F	0.07%
NBR	F	0.07%
CAKE	C	0.07%
HAIN	D	0.07%
CSGS	F	0.07%
KAI	B	0.07%
PRK	B	0.07%
SLG	B	0.07%
NVRI	C	0.07%
CAL	F	0.07%
NWBI	C	0.07%
GES	D	0.07%
GPRE	F	0.07%
TILE	D	0.07%
DHT	D	0.07%
SWBI	D	0.07%
LILAK	B	0.07%
AKR	A	0.07%
IBTX	B	0.07%
ROKU	C	0.07%
CCO	C	0.07%
CMPR	B	0.07%
VIAV	D	0.07%
PTVE	F	0.07%
ESE	D	0.07%
MRTN	C	0.07%
NTB	C	0.07%
TOWN	B	0.07%
SASR	C	0.07%
TNC	D	0.07%
KLG	F	0.07%
MTRN	F	0.07%
CPNG	C	0.07%
NOW	A	0.07%
IART	C	0.07%
PLAB	D	0.07%
FWRD	D	0.07%
RNG	F	0.07%
MATV	D	0.07%
BGS	F	0.07%
FCF	B	0.06%
ZUMZ	B	0.06%
CASH	B	0.06%
GLNG	A	0.06%
TBI	F	0.06%
SABR	D	0.06%
STBA	B	0.06%
JBSS	D	0.06%
AWR	D	0.06%
LPG	C	0.06%
PRAA	F	0.06%
CWST	B	0.06%
AEO	F	0.06%
THRY	F	0.06%
MATX	B	0.06%
ACLS	B	0.06%
BZH	F	0.06%
ZIMV	B	0.06%
SGH	B	0.06%
GWRE	A	0.06%
W	D	0.06%
ICHR	B	0.06%
ENPH	F	0.06%
CNSL	B	0.06%
AGRO	D	0.06%
SBLK	D	0.06%
BUSE	B	0.06%
SNBR	F	0.06%
NTGR	C	0.06%
CSWI	A	0.06%
AAT	B	0.06%
CARG	C	0.06%
CPK	C	0.06%
FOXF	C	0.06%
CCOI	D	0.06%
SXI	D	0.06%
ACCO	F	0.06%
LYFT	F	0.06%
CNS	B	0.06%
KWR	F	0.06%
FTDR	D	0.06%
PAYC	F	0.06%
VRRM	B	0.06%
CRL	F	0.06%
AAL	F	0.06%
ROIC	C	0.06%
APO	B	0.06%
OPEN	F	0.06%
TRS	D	0.06%
SONO	F	0.06%
AAN	B	0.06%
MD	F	0.06%
CUBI	B	0.06%
HWKN	B	0.06%
BMI	C	0.06%
NBTB	B	0.06%
ALK	F	0.06%
BSY	D	0.06%
DFIN	D	0.06%
PLAY	F	0.06%
ATSG	C	0.06%
NNI	C	0.06%
GFS	C	0.06%
HMN	D	0.06%
SXC	D	0.06%
EPRT	A	0.05%
ASTE	F	0.05%
VRNT	C	0.05%
DAC	C	0.05%
PRA	F	0.05%
SJW	D	0.05%
TDOC	F	0.05%
STNE	D	0.05%
XP	F	0.05%
COMP	C	0.05%
AGX	C	0.05%
LOGC	C	0.05%
LBRDK	C	0.05%
CPS	F	0.05%
ILPT	F	0.05%
EAF	F	0.05%
CMRE	C	0.05%
MYGN	B	0.05%
TNK	C	0.05%
CMCO	F	0.05%
EXPI	F	0.05%
PARR	F	0.05%
VBTX	C	0.05%
MMI	D	0.05%
GLOB	C	0.05%
INSW	C	0.05%
PRGS	B	0.05%
MERC	F	0.05%
HTLD	C	0.05%
OFG	B	0.05%
CNMD	D	0.05%
USNA	F	0.05%
TRNO	B	0.05%
MRCY	D	0.05%
GCO	F	0.05%
SENEA	C	0.05%
PJT	A	0.05%
WHD	C	0.05%
RGR	F	0.05%
COHU	B	0.05%
HURN	C	0.05%
KTOS	B	0.05%
SMPL	D	0.05%
PRFT	B	0.05%
EPAC	B	0.05%
CRK	D	0.05%
WDFC	D	0.05%
TRTX	B	0.05%
RDUS	F	0.05%
TUP	F	0.05%
DEA	B	0.05%
EBC	B	0.05%
ZWS	D	0.05%
CHEF	A	0.05%
ALIT	F	0.05%
INVA	B	0.05%
SCVL	C	0.05%
ECVT	D	0.05%
ROAD	D	0.05%
ADUS	B	0.05%
BNL	B	0.05%
CTS	D	0.05%
BXC	F	0.05%
BRC	B	0.04%
GDOT	F	0.04%
EGBN	F	0.04%
MTW	F	0.04%
CLVT	F	0.04%
BJRI	B	0.04%
SSTK	F	0.04%
EBF	B	0.04%
FBNC	C	0.04%
GLDD	C	0.04%
TSE	F	0.04%
SPSC	B	0.04%
CVGW	F	0.04%
PRLB	D	0.04%
NVEE	F	0.04%
SEB	F	0.04%
LKFN	D	0.04%
HVT	F	0.04%
AHCO	D	0.04%
STEP	B	0.04%
ETD	D	0.04%
UIS	D	0.04%
CNNE	D	0.04%
CARS	C	0.04%
BRY	D	0.04%
MATW	F	0.04%
ALRM	C	0.04%
CRAI	C	0.04%
GNK	D	0.04%
UVE	D	0.04%
RWT	B	0.04%
RES	F	0.04%
AUB	C	0.04%
WTTR	B	0.04%
PODD	C	0.04%
SHEN	C	0.04%
DBI	F	0.04%
CFFN	C	0.04%
ZEUS	F	0.04%
SUPN	F	0.04%
PRIM	D	0.04%
COMM	F	0.04%
CHCO	C	0.04%
HMST	C	0.04%
CWH	F	0.04%
MNRO	F	0.04%
LTC	A	0.04%
CBL	B	0.04%
EVTC	F	0.04%
SFIX	B	0.04%
DXPE	D	0.04%
FCPT	B	0.04%
LNN	D	0.04%
EFSC	C	0.04%
WRLD	D	0.04%
SMP	F	0.04%
TNP	B	0.04%
RDNT	B	0.04%
OMCL	F	0.04%
ASIX	F	0.04%
ARKO	D	0.03%
IVT	C	0.03%
OPK	D	0.03%
NPK	D	0.03%
CMP	F	0.03%
SNAP	B	0.03%
BANF	D	0.03%
AVO	F	0.03%
CMTG	D	0.03%
RKT	C	0.03%
TOST	B	0.03%
BRSP	D	0.03%
BRKL	D	0.03%
IRBT	F	0.03%
PFC	D	0.03%
RC	C	0.03%
SRCE	B	0.03%
KREF	D	0.03%
IHRT	F	0.03%
DRQ	F	0.03%
HLIO	D	0.03%
HAYW	F	0.03%
XPRO	C	0.03%
FLWS	C	0.03%
FIZZ	B	0.03%
GRBK	C	0.03%
RGP	F	0.03%
WABC	D	0.03%
AMBC	F	0.03%
HASI	D	0.03%
NOG	C	0.03%
SRI	F	0.03%
AMC	C	0.03%
ALKS	C	0.03%
TCBK	C	0.03%
OPI	F	0.03%
PTON	F	0.03%
ARCO	D	0.03%
ALTO	F	0.03%
OCFC	B	0.03%
SBSI	D	0.03%
HSII	D	0.03%
DO	C	0.03%
SNOW	D	0.03%
CSR	B	0.03%
UFCS	D	0.03%
PZZA	F	0.03%
RILY	F	0.03%
SHYF	F	0.03%
CPF	B	0.03%
PEGA	D	0.03%
EXAS	D	0.03%
WOOF	C	0.03%
DCO	B	0.03%
AVNS	F	0.03%
TPIC	D	0.03%
UTL	D	0.03%
WOW	C	0.03%
CTRN	F	0.03%
AGL	D	0.03%
BBSI	B	0.03%
CLB	B	0.03%
IPAR	F	0.03%
GPMT	F	0.02%
ATNI	F	0.02%
RYAM	C	0.02%
AVD	F	0.02%
SBCF	D	0.02%
GDEN	F	0.02%
USM	B	0.02%
AGM	B	0.02%
LYV	C	0.02%
PRVA	D	0.02%
BMBL	F	0.02%
SSYS	F	0.02%
JRVR	F	0.02%
LEVI	D	0.02%
RUN	F	0.02%
SSP	F	0.02%
OIS	F	0.02%
DAY	F	0.02%
MED	F	0.02%
CTRE	A	0.02%
VIR	F	0.02%
CCSI	D	0.02%
CRMT	F	0.02%
VSEC	B	0.02%
FLGT	F	0.02%
ASTH	C	0.02%
MODV	F	0.02%
KRNY	C	0.02%
CALX	C	0.02%
RNST	B	0.02%
CRGY	B	0.02%
OKTA	C	0.02%
GTY	D	0.02%
PLOW	F	0.02%
MYE	F	0.02%
DIN	F	0.02%
CCRN	F	0.02%
VRTS	D	0.02%
DENN	F	0.02%
MOV	D	0.02%
VREX	F	0.02%
MXL	B	0.02%
VCTR	D	0.02%
TMP	C	0.02%
EVRI	C	0.02%
CLDT	D	0.02%
CNOB	F	0.02%
HAFC	C	0.02%
DHIL	F	0.02%
HFWA	D	0.02%
USPH	F	0.02%
SGRY	F	0.02%
CSV	C	0.02%
MEI	F	0.02%
WASH	C	0.02%
TITN	F	0.02%
ALGT	F	0.02%
CENT	F	0.01%
TBBK	B	0.01%
MGPI	F	0.01%
MSBI	D	0.01%
DNUT	F	0.01%
PCRX	F	0.01%
HAYN	C	0.01%
HY	D	0.01%
INMD	F	0.01%
NIC	C	0.01%
CRVL	B	0.01%
GSM	C	0.01%
PEBO	D	0.01%
SPWH	F	0.01%
HOV	D	0.01%
THR	D	0.01%
FBK	B	0.01%
PFBC	D	0.01%
HLNE	B	0.01%
NBHC	B	0.01%
LGND	B	0.01%
SNEX	B	0.01%
LXU	F	0.01%
REX	F	0.01%
TTEC	F	0.01%
ONEW	D	0.01%
BHLB	C	0.01%
IIPR	B	0.01%
PRM	B	0.01%
AMRC	F	0.01%
VTOL	C	0.01%
CMTL	D	0.01%
PKST	F	0.01%
MBUU	F	0.01%
IIIN	F	0.01%
NR	C	0.01%
AMSF	F	0.01%
AOSL	B	0.01%
TK	C	0.01%
SBOW	B	0.01%
GPRO	F	0.01%
EDR	A	0.01%
KE	F	0.01%
CLOV	B	0.01%
NU	B	0.01%
PETS	F	0.01%
IRWD	F	0.01%
LESL	F	0.01%
GSL	C	0.01%
SLCA	B	0.01%
SEDG	F	0.01%
PLCE	F	0.01%
SFBS	C	0.01%
CHGG	F	0.0%
TWI	F	0.0%
EVH	F	0.0%
GIC	F	0.0%
CRNC	F	0.0%
WTI	D	0.0%
AMPH	F	0.0%

FNDA Underweight 173 Positions Relative to MIDU

Symbol	Grade	Weight
CSL	C	-0.52%
WSM	D	-0.48%
LII	B	-0.47%
EME	D	-0.46%
ILMN	D	-0.45%
RS	D	-0.43%
WSO	B	-0.41%
BURL	B	-0.4%
SRPT	C	-0.39%
OC	D	-0.39%
RBA	B	-0.38%
RPM	D	-0.37%
GGG	D	-0.36%
RGA	C	-0.36%
CASY	B	-0.36%
THC	C	-0.35%
FNF	D	-0.34%
NVT	D	-0.34%
EQH	B	-0.33%
ACM	D	-0.32%
OVV	D	-0.32%
GLPI	B	-0.32%
USFD	C	-0.32%
WPC	D	-0.32%
BJ	B	-0.31%
DKS	C	-0.31%
TOL	D	-0.31%
ALLY	B	-0.3%
ELF	C	-0.3%
CW	C	-0.28%
LAMR	B	-0.28%
ITT	D	-0.28%
LECO	F	-0.28%
PFGC	D	-0.27%
EWBC	D	-0.27%
SCI	C	-0.27%
CACI	B	-0.26%
AR	D	-0.26%
COHR	B	-0.26%
JLL	B	-0.26%
CHK	D	-0.25%
ATR	D	-0.25%
TTC	C	-0.25%
SNX	D	-0.24%
SKX	C	-0.24%
UNM	D	-0.24%
RRX	F	-0.24%
FHN	C	-0.23%
MKSI	B	-0.23%
MUSA	C	-0.23%
DCI	D	-0.23%
CELH	F	-0.23%
KBR	D	-0.23%
JEF	B	-0.23%
EHC	B	-0.23%
CCK	F	-0.23%
ARMK	C	-0.23%
CG	C	-0.23%
X	C	-0.23%
KNX	C	-0.22%
TPX	D	-0.22%
PRI	C	-0.22%
SFM	B	-0.22%
GNTX	D	-0.21%
ALV	D	-0.21%
GPK	D	-0.21%
DINO	D	-0.21%
AFG	D	-0.21%
NOV	D	-0.2%
AYI	D	-0.2%
INGR	D	-0.2%
EVR	A	-0.2%
EXP	D	-0.2%
FLR	B	-0.2%
AXTA	D	-0.2%
CLF	D	-0.2%
AA	B	-0.2%
SWN	D	-0.2%
ORI	D	-0.2%
WCC	D	-0.19%
OSK	D	-0.19%
DUOL	F	-0.19%
OGE	C	-0.19%
VOYA	D	-0.19%
LSTR	D	-0.18%
MTN	F	-0.18%
UFPI	D	-0.18%
BERY	D	-0.18%
CIEN	F	-0.18%
BRX	B	-0.18%
LAD	F	-0.18%
CYTK	D	-0.17%
MTZ	C	-0.17%
ARW	D	-0.17%
ZION	C	-0.17%
MIDD	F	-0.17%
LEA	F	-0.17%
SEIC	D	-0.17%
FYBR	B	-0.16%
RYAN	B	-0.16%
GXO	F	-0.16%
DAR	F	-0.16%
SNV	B	-0.16%
PVH	F	-0.16%
SAIC	D	-0.16%
MUR	D	-0.16%
AGCO	F	-0.16%
MTSI	A	-0.16%
KD	C	-0.16%
CMC	D	-0.16%
WHR	C	-0.15%
LNTH	C	-0.15%
OLN	F	-0.15%
FAF	D	-0.15%
ALTR	B	-0.15%
STWD	D	-0.15%
TMHC	D	-0.15%
ST	C	-0.15%
PCTY	F	-0.15%
MTG	B	-0.15%
MDU	C	-0.14%
XRAY	F	-0.14%
TKR	D	-0.14%
GPS	C	-0.14%
POST	C	-0.14%
NXST	B	-0.14%
APPF	B	-0.14%
G	D	-0.14%
LPX	D	-0.14%
R	B	-0.14%
BC	F	-0.13%
UGI	D	-0.13%
PBF	F	-0.13%
SON	F	-0.13%
KBH	D	-0.13%
M	C	-0.13%
THO	D	-0.13%
AMG	D	-0.13%
NFG	D	-0.13%
POR	D	-0.12%
JHG	B	-0.12%
THG	D	-0.12%
SLM	D	-0.12%
AVT	D	-0.12%
WLK	D	-0.12%
HOG	F	-0.11%
ASGN	D	-0.11%
PII	F	-0.11%
WU	D	-0.11%
VNO	C	-0.11%
FLO	D	-0.11%
PRGO	F	-0.1%
CPRI	D	-0.1%
AN	D	-0.1%
DOCS	B	-0.09%
MAN	D	-0.09%
CC	F	-0.09%
CNO	B	-0.08%
PK	D	-0.08%
ARWR	C	-0.08%
GT	F	-0.08%
NYCB	D	-0.07%
VAC	F	-0.07%
BHF	F	-0.07%
PAG	D	-0.07%
RCM	F	-0.06%
ADNT	F	-0.06%
CRI	F	-0.06%
PGNY	D	-0.06%
TGNA	D	-0.06%
CAR	F	-0.05%
SHC	C	-0.04%
UA	F	-0.03%