FNDA vs. SMMV ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV)

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

$55.13

Average Daily Volume

304,983

Number of Holdings ^*

964

* may have additional holdings in another (foreign) market

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$36.83

Average Daily Volume

141,710

Number of Holdings ^*

300

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	SMMV
30 Days	-1.34%	-0.08%
60 Days	-0.37%	0.33%
90 Days	3.07%	3.66%
12 Months	21.52%	9.87%

158 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in SMMV	Overlap
ACHC	F	0.18%	0.15%	0.15%
ADC	B	0.05%	1.3%	0.05%
ADUS	C	0.04%	0.37%	0.04%
AGX	B	0.05%	0.18%	0.05%
ALKS	F	0.04%	0.9%	0.04%
AM	A	0.09%	0.74%	0.09%
AMED	D	0.13%	0.24%	0.13%
AMN	D	0.13%	0.1%	0.1%
AMPH	F	0.01%	0.12%	0.01%
AMSF	F	0.01%	0.21%	0.01%
ARKO	F	0.02%	0.06%	0.02%
ASH	A	0.22%	0.34%	0.22%
ATGE	A	0.14%	0.1%	0.1%
ATNI	F	0.02%	0.05%	0.02%
AVA	B	0.16%	0.64%	0.16%
AWR	C	0.05%	0.22%	0.05%
AXS	B	0.19%	1.08%	0.19%
BBSI	A	0.04%	0.19%	0.04%
BHE	A	0.18%	0.06%	0.06%
BLKB	B	0.06%	0.14%	0.06%
BRBR	C	0.04%	0.07%	0.04%
BWXT	D	0.22%	0.69%	0.22%
CALM	D	0.13%	0.55%	0.13%
CBZ	D	0.09%	0.14%	0.09%
CCOI	F	0.07%	0.67%	0.07%
CCRN	F	0.04%	0.04%	0.04%
CEIX	F	0.12%	0.07%	0.07%
CHCO	B	0.04%	0.36%	0.04%
CHH	D	0.06%	0.1%	0.06%
CLW	B	0.08%	0.16%	0.08%
CNXN	D	0.09%	0.17%	0.09%
COLD	F	0.15%	0.17%	0.15%
CORT	D	0.04%	0.16%	0.04%
CPK	B	0.06%	0.16%	0.06%
CRAI	B	0.05%	0.24%	0.05%
CRC	F	0.17%	0.09%	0.09%
CRUS	C	0.22%	0.05%	0.05%
CRVL	C	0.01%	0.2%	0.01%
CSGS	F	0.07%	0.16%	0.07%
CSWI	A	0.05%	0.32%	0.05%
CTRE	B	0.01%	0.2%	0.01%
CTS	A	0.05%	0.05%	0.05%
CVLT	A	0.11%	1.01%	0.11%
CWST	D	0.05%	0.51%	0.05%
CWT	B	0.08%	0.31%	0.08%
DHIL	C	0.03%	0.1%	0.03%
DLB	D	0.14%	1.1%	0.14%
DORM	C	0.1%	0.07%	0.07%
DTM	B	0.17%	0.27%	0.17%
EBF	D	0.04%	0.12%	0.04%
EIG	D	0.09%	0.27%	0.09%
ENSG	D	0.12%	1.03%	0.12%
ESGR	B	0.11%	0.77%	0.11%
EXEL	D	0.14%	1.2%	0.14%
FCN	B	0.23%	0.73%	0.23%
GHC	B	0.2%	0.58%	0.2%
GO	F	0.1%	0.48%	0.1%
GTY	C	0.03%	0.24%	0.03%
HALO	D	0.05%	0.09%	0.05%
HCC	B	0.37%	0.42%	0.37%
HLI	A	0.15%	0.38%	0.15%
HMN	A	0.07%	0.36%	0.07%
HQY	D	0.06%	0.65%	0.06%
HTLD	F	0.04%	0.11%	0.04%
HURN	F	0.04%	0.42%	0.04%
HWKN	A	0.05%	0.26%	0.05%
ICFI	C	0.09%	0.13%	0.09%
IDA	B	0.18%	1.14%	0.18%
IDCC	C	0.09%	0.43%	0.09%
IMKTA	F	0.17%	0.23%	0.17%
INSW	A	0.04%	0.45%	0.04%
INVA	B	0.07%	0.21%	0.07%
IRBT	D	0.03%	0.01%	0.01%
IRDM	C	0.06%	0.12%	0.06%
IRWD	F	0.01%	0.26%	0.01%
JBSS	F	0.06%	0.21%	0.06%
JJSF	F	0.07%	0.5%	0.07%
JRVR	D	0.03%	0.08%	0.03%
KELYA	C	0.22%	0.05%	0.05%
KFRC	D	0.08%	0.15%	0.08%
KN	B	0.07%	0.1%	0.07%
KNF	B	0.19%	0.11%	0.11%
LANC	D	0.11%	0.54%	0.11%
LAUR	A	0.14%	0.46%	0.14%
LOPE	C	0.21%	0.81%	0.21%
LPG	B	0.06%	0.32%	0.06%
LRN	A	0.1%	0.38%	0.1%
LTC	A	0.04%	0.11%	0.04%
MCY	A	0.15%	0.34%	0.15%
MGEE	A	0.08%	0.41%	0.08%
MGRC	D	0.09%	0.62%	0.09%
MRTN	D	0.06%	0.24%	0.06%
MYE	A	0.05%	0.06%	0.05%
NBTB	B	0.06%	0.05%	0.05%
NEU	D	0.14%	0.9%	0.14%
NHC	D	0.08%	0.3%	0.08%
NJR	B	0.16%	0.25%	0.16%
NPK	A	0.04%	0.1%	0.04%
NTCT	F	0.09%	0.33%	0.09%
NTGR	F	0.08%	0.05%	0.05%
NWE	B	0.16%	0.73%	0.16%
NYT	B	0.16%	0.17%	0.16%
OGS	B	0.17%	0.37%	0.17%
OHI	A	0.23%	0.42%	0.23%
OLLI	C	0.14%	0.13%	0.13%
OPCH	F	0.09%	0.35%	0.09%
OSIS	C	0.09%	0.2%	0.09%
PARR	F	0.05%	0.16%	0.05%
PBH	D	0.11%	0.84%	0.11%
PCRX	F	0.01%	0.06%	0.01%
PDCO	F	0.19%	0.52%	0.19%
PEBO	B	0.01%	0.23%	0.01%
PECO	D	0.1%	0.12%	0.1%
PINC	F	0.18%	0.59%	0.18%
PJT	C	0.05%	0.46%	0.05%
PLXS	B	0.18%	0.09%	0.09%
PNM	C	0.15%	0.72%	0.15%
PRA	C	0.07%	0.17%	0.07%
PRDO	A	0.08%	0.29%	0.08%
PRGS	F	0.04%	0.45%	0.04%
PSN	D	0.09%	0.78%	0.09%
REX	B	0.01%	0.18%	0.01%
REYN	D	0.07%	0.43%	0.07%
RGLD	B	0.13%	1.5%	0.13%
RGR	C	0.08%	0.19%	0.08%
RLI	D	0.1%	1.18%	0.1%
RNR	D	0.24%	0.91%	0.24%
ROG	C	0.07%	0.34%	0.07%
RXO	D	0.18%	0.08%	0.08%
SAFT	C	0.08%	0.28%	0.08%
SCHL	D	0.08%	0.1%	0.08%
SENEA	B	0.07%	0.07%	0.07%
SHEN	F	0.05%	0.14%	0.05%
SIGI	F	0.16%	1.19%	0.16%
SJW	D	0.04%	0.31%	0.04%
SLGN	B	0.05%	0.29%	0.05%
SMP	C	0.07%	0.14%	0.07%
SMPL	B	0.05%	0.11%	0.05%
SNDR	D	0.11%	0.25%	0.11%
SR	B	0.18%	0.07%	0.07%
STRA	A	0.12%	0.42%	0.12%
SUPN	D	0.04%	0.17%	0.04%
SWX	A	0.3%	0.06%	0.06%
THS	D	0.14%	0.29%	0.14%
TXRH	A	0.26%	0.48%	0.26%
UFCS	B	0.04%	0.05%	0.04%
UNF	F	0.15%	0.32%	0.15%
USPH	C	0.03%	0.13%	0.03%
UVE	B	0.06%	0.13%	0.06%
VIAV	F	0.07%	0.21%	0.07%
VIRT	A	0.16%	0.26%	0.16%
VREX	F	0.04%	0.16%	0.04%
VRRM	A	0.05%	0.46%	0.05%
VVV	B	0.19%	0.37%	0.19%
WABC	B	0.04%	0.3%	0.04%
WEN	B	0.14%	0.69%	0.14%
WMK	D	0.15%	0.26%	0.15%
WTM	A	0.18%	1.08%	0.18%

FNDA Overweight 806 Positions Relative to SMMV

Symbol	Grade	Weight
COIN	D	0.52%
SATS	B	0.5%
ANF	C	0.46%
SMCI	D	0.43%
RCL	A	0.41%
AGO	D	0.31%
SPOT	B	0.3%
KMPR	B	0.3%
XPO	D	0.3%
DBRG	F	0.29%
GEO	B	0.29%
FLS	A	0.27%
UAL	B	0.27%
MAC	D	0.27%
OMI	F	0.27%
HP	F	0.26%
SLVM	A	0.26%
SCCO	A	0.26%
WIRE	A	0.26%
SPR	D	0.26%
DY	A	0.25%
RDN	C	0.25%
TPC	A	0.24%
CXW	C	0.24%
SF	A	0.24%
JELD	B	0.24%
FICO	D	0.24%
WWD	A	0.24%
VLTO	A	0.24%
SIG	C	0.24%
SMG	C	0.23%
BKU	B	0.23%
ARCB	F	0.23%
UTHR	A	0.23%
SPB	C	0.23%
FRT	B	0.23%
SAIA	F	0.23%
VRT	A	0.23%
AGNC	B	0.23%
CLH	A	0.23%
BKH	B	0.22%
AVNT	A	0.22%
HEI	A	0.22%
AWI	D	0.22%
TEX	D	0.22%
TTEK	A	0.22%
MHO	D	0.22%
GATX	C	0.22%
DHC	C	0.22%
CBT	A	0.22%
PRG	B	0.22%
ENTG	D	0.22%
FIX	C	0.22%
WAL	C	0.21%
TROX	A	0.21%
CROX	D	0.21%
LNW	D	0.21%
KEX	A	0.21%
AIRC	A	0.21%
WYNN	D	0.21%
FNB	A	0.21%
UNIT	F	0.21%
GMS	C	0.21%
MOG.A	A	0.2%
SVC	F	0.2%
HRI	D	0.2%
GIII	D	0.2%
ASB	A	0.2%
URBN	D	0.2%
ESI	C	0.2%
OZK	B	0.2%
GBX	B	0.2%
ATKR	B	0.2%
CSGP	C	0.2%
HIW	A	0.2%
ELAN	D	0.2%
PTEN	F	0.2%
AIT	C	0.2%
ELS	D	0.19%
STC	A	0.19%
CBSH	A	0.19%
FHB	A	0.19%
RPRX	D	0.19%
WBS	D	0.19%
SEM	B	0.19%
VNT	D	0.19%
CADE	B	0.19%
EEFT	C	0.19%
HXL	D	0.19%
CFR	C	0.19%
KFY	D	0.19%
PB	B	0.19%
DOOR	A	0.19%
ENS	D	0.19%
KRC	D	0.19%
AMKR	C	0.19%
COOP	A	0.19%
CACC	D	0.19%
WTFC	A	0.19%
FUL	C	0.18%
PNFP	C	0.18%
MLKN	D	0.18%
NOMD	D	0.18%
TRN	A	0.18%
DNOW	D	0.18%
SHOO	D	0.18%
AMH	D	0.18%
COLM	B	0.18%
GVA	A	0.18%
DEI	B	0.18%
FDS	D	0.18%
HWC	A	0.18%
H	C	0.17%
ESAB	B	0.17%
FN	D	0.17%
TTMI	A	0.17%
VMI	B	0.17%
CCS	D	0.17%
NNN	A	0.17%
FDP	D	0.17%
SCS	D	0.17%
APLE	F	0.17%
SUM	D	0.17%
CIM	D	0.17%
COLB	C	0.17%
HNI	B	0.17%
SSD	D	0.17%
MTDR	D	0.17%
ALE	A	0.17%
CRS	A	0.17%
MAT	F	0.17%
WH	D	0.17%
MOD	B	0.17%
SCSC	C	0.17%
CHDN	B	0.16%
SAH	B	0.16%
SRCL	F	0.16%
LFUS	C	0.16%
APG	D	0.16%
PFSI	A	0.16%
LBRT	B	0.16%
UVV	B	0.16%
OUT	D	0.16%
SBRA	B	0.16%
UAA	F	0.16%
AMR	D	0.16%
BYD	F	0.16%
CUBE	D	0.16%
CUZ	A	0.16%
PSMT	A	0.16%
AGR	B	0.16%
SBH	F	0.16%
UBSI	D	0.16%
SITE	F	0.16%
HIBB	A	0.16%
ESNT	D	0.16%
LCII	F	0.16%
CWK	C	0.15%
VLY	D	0.15%
AMWD	D	0.15%
CGNX	B	0.15%
AMCX	D	0.15%
NVST	F	0.15%
AROC	B	0.15%
DLX	A	0.15%
AXL	C	0.15%
ZM	F	0.15%
MC	D	0.15%
SN	A	0.15%
BRKR	F	0.15%
WEX	D	0.15%
KAR	A	0.15%
HI	F	0.15%
SXT	A	0.15%
RLJ	D	0.15%
MTX	A	0.15%
TREX	D	0.15%
WGO	F	0.15%
HPP	F	0.15%
AMRK	A	0.15%
YELP	C	0.15%
BCO	A	0.15%
ACA	B	0.15%
TDC	F	0.15%
PATK	D	0.15%
KMT	D	0.15%
CSTM	D	0.15%
PCH	D	0.15%
SLAB	D	0.15%
TPG	C	0.14%
WMS	C	0.14%
VSCO	F	0.14%
BIO	D	0.14%
WTS	C	0.14%
PDM	B	0.14%
MPWR	C	0.14%
ONB	A	0.14%
FND	D	0.14%
APAM	D	0.14%
UMBF	B	0.14%
TNET	F	0.14%
DDS	B	0.14%
HE	F	0.14%
VEEV	D	0.14%
PHIN	A	0.14%
SIX	D	0.14%
CNXC	F	0.14%
RYN	F	0.14%
KALU	A	0.14%
HELE	D	0.14%
Z	F	0.14%
DASH	D	0.14%
ENVA	B	0.14%
GME	C	0.14%
DOLE	B	0.14%
WD	C	0.14%
B	C	0.14%
ADTN	F	0.14%
RIG	F	0.13%
DXCM	D	0.13%
NUS	F	0.13%
APOG	A	0.13%
VSTS	F	0.13%
DIOD	C	0.13%
GTES	C	0.13%
ROL	B	0.13%
PGRE	B	0.13%
RRC	B	0.13%
EPR	D	0.13%
HLF	C	0.13%
VSTO	A	0.13%
GBCI	C	0.13%
IPGP	F	0.13%
WOR	D	0.13%
ARES	C	0.13%
DRH	D	0.13%
FELE	D	0.13%
GMED	D	0.13%
BXMT	F	0.13%
ETSY	F	0.13%
INCY	D	0.13%
IOSP	C	0.13%
AIR	B	0.13%
LZB	F	0.13%
ITRI	A	0.13%
MASI	C	0.13%
SMTC	A	0.13%
SCL	D	0.13%
MTCH	D	0.13%
PPC	A	0.13%
BFAM	C	0.13%
ACIW	A	0.13%
WAFD	B	0.13%
WWW	B	0.13%
BDN	B	0.13%
BGS	B	0.13%
CBRL	F	0.13%
SHO	D	0.12%
LITE	D	0.12%
ENOV	F	0.12%
BLMN	F	0.12%
MYRG	F	0.12%
SNBR	F	0.12%
BSIG	C	0.12%
TRIP	D	0.12%
BGC	B	0.12%
XHR	B	0.12%
HCSG	F	0.12%
EPC	B	0.12%
LGF.A	B	0.12%
SITC	C	0.12%
ZD	D	0.12%
TYL	A	0.12%
CHX	D	0.12%
NGVT	B	0.12%
IBP	C	0.12%
PBI	A	0.12%
SKY	D	0.12%
PIPR	A	0.12%
HEES	F	0.12%
ITGR	D	0.12%
KTB	B	0.12%
CATY	D	0.12%
JBGS	F	0.12%
AZZ	C	0.12%
PLUS	C	0.12%
CVCO	C	0.12%
FULT	A	0.12%
FSS	C	0.12%
BOH	D	0.12%
SFNC	D	0.12%
BDC	C	0.12%
LGIH	D	0.12%
GEF	D	0.12%
VC	D	0.11%
HOPE	D	0.11%
SFL	A	0.11%
MATV	A	0.11%
BKD	A	0.11%
STAG	D	0.11%
WDAY	D	0.11%
CNK	D	0.11%
SKYW	A	0.11%
EAF	C	0.11%
SWBI	A	0.11%
CHRD	B	0.11%
BOKF	A	0.11%
EAT	A	0.11%
KLIC	D	0.11%
ABNB	D	0.11%
HGV	D	0.11%
TRMK	A	0.11%
HTH	C	0.11%
MSA	D	0.11%
JACK	F	0.11%
GFF	C	0.11%
CABO	F	0.11%
IAC	C	0.11%
CNM	A	0.11%
PTC	D	0.11%
RH	D	0.11%
KOP	F	0.1%
SXC	D	0.1%
AY	B	0.1%
ARI	F	0.1%
NTB	A	0.1%
UCTT	D	0.1%
BMRN	F	0.1%
FR	D	0.1%
NPO	D	0.1%
KOS	D	0.1%
WNC	F	0.1%
PINS	A	0.1%
AIN	F	0.1%
COKE	B	0.1%
RRR	D	0.1%
CMPR	D	0.1%
PMT	A	0.1%
FFBC	A	0.1%
NBR	F	0.1%
THRY	C	0.1%
RHP	D	0.1%
TILE	C	0.1%
NMRK	D	0.1%
MWA	A	0.1%
CCO	D	0.1%
ABCB	B	0.1%
TWLO	C	0.1%
IBOC	A	0.1%
HAE	A	0.1%
NSP	D	0.1%
MKTX	F	0.1%
FIVE	F	0.1%
MORN	C	0.1%
SKT	D	0.1%
OTTR	B	0.1%
PTVE	C	0.1%
IGT	F	0.1%
APP	B	0.1%
MD	D	0.1%
ECPG	D	0.1%
AAL	F	0.1%
CODI	D	0.1%
GTN	C	0.1%
TCBI	B	0.1%
FBP	A	0.1%
MODG	B	0.09%
ZEUS	F	0.09%
CVI	F	0.09%
BANR	B	0.09%
MEDP	D	0.09%
BV	A	0.09%
ONTO	A	0.09%
JBT	F	0.09%
GES	B	0.09%
RILY	C	0.09%
TNC	D	0.09%
ROCK	D	0.09%
VSAT	F	0.09%
PPBI	D	0.09%
NVRI	F	0.09%
ENR	C	0.09%
NHI	A	0.09%
ASTE	F	0.09%
MELI	C	0.09%
CIVI	B	0.09%
PLNT	F	0.09%
TALO	D	0.09%
CVBF	D	0.09%
RDUS	F	0.09%
RAMP	D	0.09%
BOOT	B	0.09%
AGRO	B	0.09%
AEIS	D	0.09%
WSC	F	0.09%
PLAY	D	0.09%
CENTA	C	0.09%
STNG	A	0.09%
DNB	D	0.09%
AX	A	0.09%
PAGS	D	0.09%
EMBC	F	0.09%
FIBK	B	0.09%
COTY	D	0.09%
SYNA	D	0.09%
CACC	D	0.09%
ESRT	D	0.09%
TECH	C	0.09%
DHT	A	0.09%
EXLS	D	0.09%
WSBC	D	0.09%
SIRI	F	0.09%
PUMP	B	0.09%
ALK	B	0.09%
MRC	D	0.09%
KLG	B	0.09%
PEB	F	0.09%
PRAA	C	0.09%
MANH	F	0.09%
MGY	B	0.08%
CAL	D	0.08%
IHRT	C	0.08%
WFRD	B	0.08%
STRL	D	0.08%
POWI	D	0.08%
GPRE	F	0.08%
CNSL	C	0.08%
WSFS	A	0.08%
LADR	A	0.08%
GOLF	D	0.08%
BZH	D	0.08%
ABR	C	0.08%
NWN	B	0.08%
CNDT	C	0.08%
RYI	F	0.08%
MERC	A	0.08%
GNL	D	0.08%
EYE	D	0.08%
MTRN	F	0.08%
ICUI	F	0.08%
SBLK	A	0.08%
CNA	B	0.08%
OXM	A	0.08%
TBI	F	0.08%
ORA	C	0.08%
VGR	F	0.08%
FORM	A	0.08%
NX	D	0.08%
FRME	B	0.08%
CBU	C	0.08%
STNE	C	0.08%
REVG	A	0.08%
ATSG	C	0.08%
HL	B	0.08%
ALEX	C	0.08%
HZO	F	0.08%
CPS	B	0.08%
LXP	D	0.08%
UCBI	B	0.08%
AZEK	C	0.08%
BKE	D	0.08%
BCPC	C	0.08%
TW	B	0.08%
LYFT	D	0.08%
RNG	D	0.08%
SAM	F	0.08%
OII	B	0.08%
TPL	B	0.08%
HAIN	F	0.08%
UE	B	0.08%
ACCO	F	0.08%
OEC	B	0.08%
CDE	B	0.08%
PLAB	C	0.08%
KRG	C	0.08%
HLX	B	0.08%
IBKR	A	0.08%
THRM	D	0.08%
BMI	A	0.07%
KAI	D	0.07%
ROKU	F	0.07%
NWBI	C	0.07%
KW	C	0.07%
GLOB	D	0.07%
OFG	A	0.07%
SXI	C	0.07%
ILPT	C	0.07%
DXPE	B	0.07%
DFIN	A	0.07%
AAON	C	0.07%
HVT	F	0.07%
CUBI	D	0.07%
EVTC	F	0.07%
ZIMV	D	0.07%
GCI	B	0.07%
QLYS	D	0.07%
BSY	B	0.07%
INDB	C	0.07%
SCVL	B	0.07%
WRLD	B	0.07%
CWEN	B	0.07%
MMSI	B	0.07%
ASIX	F	0.07%
ENV	B	0.07%
SONO	D	0.07%
PRK	A	0.07%
ESE	B	0.07%
HTLF	A	0.07%
PAYC	F	0.07%
UIS	C	0.07%
AKR	B	0.07%
NBIX	A	0.07%
FFIN	C	0.07%
BRY	B	0.07%
JBLU	D	0.07%
MNRO	F	0.07%
XP	D	0.07%
TOWN	B	0.07%
GCO	F	0.07%
RBC	D	0.07%
EGP	F	0.07%
DBI	D	0.07%
EBS	C	0.07%
ATI	B	0.07%
ALG	D	0.07%
FTDR	B	0.06%
ETD	F	0.06%
CBL	F	0.06%
OPEN	F	0.06%
PSTG	C	0.06%
IART	F	0.06%
NSA	D	0.06%
ICHR	D	0.06%
MTW	F	0.06%
CMCO	C	0.06%
BUSE	B	0.06%
EXPO	B	0.06%
CNNE	D	0.06%
CLVT	F	0.06%
MATW	D	0.06%
AAT	B	0.06%
W	C	0.06%
SABR	D	0.06%
ROIC	D	0.06%
IBTX	D	0.06%
CVGW	B	0.06%
WING	A	0.06%
PFS	B	0.06%
GLNG	B	0.06%
CNS	D	0.06%
SASR	D	0.06%
NMIH	A	0.06%
CAKE	D	0.06%
AAN	F	0.06%
TRS	B	0.06%
NNI	A	0.06%
KWR	D	0.06%
PR	B	0.06%
USNA	D	0.06%
REXR	D	0.06%
TRTX	A	0.06%
PLTR	D	0.06%
ZUMZ	C	0.06%
YETI	F	0.06%
OLED	C	0.06%
HMST	D	0.06%
MATX	B	0.06%
CMRE	A	0.05%
SGH	F	0.05%
GDOT	C	0.05%
FWRD	F	0.05%
LSCC	D	0.05%
CHEF	B	0.05%
BJRI	C	0.05%
COMM	F	0.05%
NOVT	D	0.05%
TITN	D	0.05%
VBTX	B	0.05%
MMI	D	0.05%
MRCY	D	0.05%
RWT	D	0.05%
EBC	C	0.05%
ARCO	C	0.05%
GWRE	C	0.05%
WTTR	B	0.05%
WHD	B	0.05%
DEA	C	0.05%
CARG	C	0.05%
DAC	A	0.05%
ENPH	F	0.05%
AHCO	C	0.05%
RDNT	A	0.05%
LIVN	A	0.05%
CFFN	D	0.05%
CASH	B	0.05%
EPAC	A	0.05%
TNP	A	0.05%
ECVT	F	0.05%
ALTO	F	0.05%
GFS	D	0.05%
PRLB	F	0.05%
TUP	D	0.05%
EGBN	F	0.05%
CPNG	A	0.05%
WDFC	D	0.05%
ROAD	D	0.05%
STBA	B	0.05%
IRT	B	0.05%
GNK	A	0.05%
TNK	B	0.05%
FCF	B	0.05%
TSE	F	0.05%
AZTA	D	0.05%
TTD	B	0.05%
ZWS	D	0.05%
SSTK	F	0.04%
ACLS	D	0.04%
BANF	B	0.04%
TCBK	B	0.04%
BRKL	D	0.04%
MYGN	D	0.04%
SRCE	B	0.04%
FLWS	D	0.04%
DIN	F	0.04%
PFC	B	0.04%
FOXF	F	0.04%
LNN	C	0.04%
ZI	C	0.04%
LKFN	D	0.04%
DRQ	F	0.04%
SRI	F	0.04%
PZZA	F	0.04%
OPI	C	0.04%
BRSP	F	0.04%
KREF	F	0.04%
MED	F	0.04%
CNMD	F	0.04%
RGP	D	0.04%
HSII	D	0.04%
CSR	A	0.04%
VAL	D	0.04%
SHYF	C	0.04%
GLDD	F	0.04%
AVNS	D	0.04%
MEI	F	0.04%
OMCL	C	0.04%
CLB	D	0.04%
VRNT	C	0.04%
EPRT	A	0.04%
FCPT	C	0.04%
OCFC	C	0.04%
EFSC	C	0.04%
RGEN	D	0.04%
AVO	B	0.04%
CMP	F	0.04%
SP	B	0.04%
STEP	A	0.04%
ALRM	D	0.04%
DCO	A	0.04%
RES	F	0.04%
SBSI	D	0.04%
TRNO	D	0.04%
CWH	F	0.04%
CPF	A	0.04%
UTL	B	0.04%
PEGA	D	0.04%
COHU	F	0.04%
AMBC	D	0.04%
SEDG	F	0.04%
BNL	C	0.04%
TDOC	F	0.04%
CRK	C	0.04%
CTRN	D	0.04%
KTOS	B	0.04%
MODV	D	0.03%
FLGT	F	0.03%
PEN	F	0.03%
KRNY	F	0.03%
SSYS	F	0.03%
PODD	D	0.03%
AVD	C	0.03%
PLOW	D	0.03%
PRFT	F	0.03%
WOW	C	0.03%
WOLF	F	0.03%
CSV	B	0.03%
LBAI	B	0.03%
DAY	F	0.03%
TMP	D	0.03%
GPMT	D	0.03%
LBRDK	F	0.03%
CARS	D	0.03%
SFIX	F	0.03%
IPAR	F	0.03%
SNOW	D	0.03%
OIS	F	0.03%
BXC	D	0.03%
ALIT	C	0.03%
HAFC	C	0.03%
SPSC	C	0.03%
EVRI	F	0.03%
WASH	C	0.03%
MOV	D	0.03%
CNOB	C	0.03%
FIZZ	D	0.03%
OPK	C	0.03%
NVEE	D	0.03%
HFWA	C	0.03%
SSP	C	0.03%
HASI	C	0.03%
EXPI	D	0.03%
NEOG	F	0.03%
FBNC	F	0.03%
DENN	F	0.03%
HOMB	A	0.03%
EXAS	F	0.03%
CLDT	F	0.03%
DO	D	0.03%
PKST	F	0.02%
PETS	F	0.02%
RYAM	D	0.02%
HAYW	C	0.02%
SLCA	A	0.02%
PLCE	F	0.02%
GPRO	F	0.02%
LESL	F	0.02%
CCSI	F	0.02%
WOOF	F	0.02%
NOG	B	0.02%
CRNC	F	0.02%
AUB	C	0.02%
PTON	F	0.02%
TPIC	B	0.02%
CRMT	F	0.02%
BMBL	F	0.02%
RUN	D	0.01%
TBBK	F	0.01%
HY	D	0.01%
WTI	F	0.01%
CHGG	F	0.01%
VIR	C	0.01%
CMTL	F	0.01%
ALGM	C	0.01%
AMRC	C	0.01%
GIC	F	0.01%
INMD	F	0.01%
MGPI	D	0.01%
MSBI	D	0.01%
AOSL	D	0.01%
ONEW	F	0.01%
EVH	F	0.01%
HAYN	C	0.01%
GSM	B	0.01%
CALX	F	0.01%
NIC	C	0.01%
LGND	D	0.01%
KNSL	F	0.01%
CLOV	F	0.01%
VTOL	B	0.01%
HLNE	A	0.01%
NBHC	C	0.01%
GDEN	F	0.01%
DT	F	0.01%
HOV	B	0.01%
THR	A	0.01%
DNUT	F	0.01%
FBK	B	0.01%
SBCF	C	0.01%
IIPR	A	0.01%
ASTH	D	0.01%
TWI	F	0.01%
PFBC	A	0.01%
PRVA	F	0.01%
PRM	B	0.01%
LYV	D	0.01%
SNEX	A	0.01%
VSEC	A	0.01%
LXU	C	0.01%
AGM	A	0.01%
BHLB	B	0.01%
CRGY	F	0.01%
CMTG	D	0.01%
TK	B	0.01%
SPWH	D	0.01%
AGL	F	0.01%
SGRY	F	0.01%
AMC	F	0.01%
MBUU	F	0.01%
NR	C	0.01%
VCTR	A	0.01%
RMBS	F	0.01%
OKTA	D	0.01%
SBOW	D	0.01%
MXL	D	0.01%
TOST	D	0.01%
IIIN	D	0.01%
XPRO	B	0.01%
GRBK	C	0.01%
RKT	C	0.01%
NU	C	0.01%
TTEC	F	0.01%
IVT	B	0.01%
RC	C	0.01%
KE	D	0.01%
COMP	D	0.01%
GSL	A	0.01%

FNDA Underweight 142 Positions Relative to SMMV

Symbol	Grade	Weight
MUSA	D	-1.6%
ORI	A	-1.49%
LSTR	D	-1.42%
CHE	F	-1.39%
FLO	B	-1.19%
ATR	A	-1.19%
MDU	A	-1.13%
NSIT	A	-0.99%
SFM	A	-0.98%
EHC	A	-0.93%
THG	A	-0.91%
POST	C	-0.9%
BJ	C	-0.86%
CACI	A	-0.8%
SAIC	D	-0.75%
MSM	F	-0.73%
PAGP	B	-0.7%
MSGS	B	-0.68%
GNTX	D	-0.66%
TKO	B	-0.66%
AVT	A	-0.64%
BRC	B	-0.63%
TGNA	D	-0.62%
PNW	B	-0.57%
SON	D	-0.57%
RYAN	D	-0.56%
HESM	C	-0.55%
POR	B	-0.53%
INGR	C	-0.53%
MMS	C	-0.51%
KBR	A	-0.51%
EQC	D	-0.49%
WERN	D	-0.49%
RGA	A	-0.47%
CASY	B	-0.46%
IONS	F	-0.44%
SCI	D	-0.41%
XENE	C	-0.41%
LLYVK	D	-0.4%
BATRK	C	-0.38%
PCVX	D	-0.38%
FCFS	D	-0.36%
PRGO	B	-0.34%
HRB	D	-0.34%
VSH	C	-0.33%
IDYA	D	-0.33%
OGE	A	-0.32%
ODP	C	-0.3%
COLL	C	-0.3%
NTST	C	-0.27%
XNCR	C	-0.27%
UNM	A	-0.26%
DRS	D	-0.26%
KRP	A	-0.25%
WINA	C	-0.25%
ITCI	C	-0.23%
EME	A	-0.23%
SPNT	C	-0.23%
OSW	A	-0.22%
SRPT	B	-0.21%
ARW	B	-0.2%
RARE	D	-0.2%
GPK	C	-0.2%
CRNX	A	-0.19%
ARCH	D	-0.18%
MIRM	D	-0.18%
CCCS	F	-0.18%
DVAX	D	-0.17%
USLM	A	-0.17%
LLYVA	D	-0.17%
SPTN	D	-0.16%
BFC	D	-0.16%
HSTM	B	-0.15%
CTBI	A	-0.15%
CWAN	D	-0.14%
KNTK	B	-0.14%
PBF	C	-0.14%
KNSA	C	-0.13%
HCKT	D	-0.13%
VVX	B	-0.13%
HUBG	C	-0.13%
CNX	B	-0.12%
GSBC	B	-0.12%
FTRE	C	-0.12%
IDT	A	-0.12%
YORW	C	-0.12%
NRC	D	-0.12%
CIEN	D	-0.12%
FMNB	D	-0.11%
WT	A	-0.11%
IMXI	D	-0.11%
FRPH	A	-0.11%
SKWD	B	-0.11%
CASS	D	-0.11%
KRYS	D	-0.11%
DX	C	-0.11%
FPI	B	-0.11%
DCPH	A	-0.11%
GTX	C	-0.11%
DJCO	C	-0.1%
ATEX	D	-0.1%
CW	A	-0.1%
THFF	B	-0.1%
ACLX	D	-0.1%
INSM	D	-0.09%
CCBG	D	-0.09%
MLTX	D	-0.09%
GPOR	C	-0.09%
HONE	B	-0.09%
UFPT	A	-0.09%
TR	F	-0.08%
USM	D	-0.08%
SPFI	B	-0.08%
QDEL	F	-0.08%
TIPT	D	-0.08%
TBPH	C	-0.08%
LYTS	B	-0.08%
TARS	C	-0.08%
ADMA	A	-0.08%
UTZ	A	-0.07%
VRDN	F	-0.07%
DK	F	-0.07%
VNOM	C	-0.07%
SEB	C	-0.07%
MCS	F	-0.07%
MODN	B	-0.07%
STEL	D	-0.06%
DCI	B	-0.06%
PX	F	-0.06%
BMEA	F	-0.06%
ITOS	C	-0.06%
ZYME	D	-0.06%
RMR	B	-0.06%
BATRA	C	-0.06%
TH	C	-0.05%
ADEA	F	-0.05%
ACEL	C	-0.05%
IRON	F	-0.05%
MITK	C	-0.05%
DGICA	F	-0.05%
FOLD	F	-0.04%
ASLE	F	-0.02%