FNDA vs. XHYI ETF Comparison

Comparison of Schwab Fundamental U.S. Small Company Index ETF (FNDA) to BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI)

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

$59.46

Average Daily Volume

253,060

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

XHYI

BondBloxx USD High Yield Bond Industrial Sector ETF

XHYI Description

The BondBloxx USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.

Grade (RS Rating)

Last Trade

$38.61

Average Daily Volume

30,571

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FNDA	XHYI
30 Days	2.29%	1.54%
60 Days	0.50%	2.45%
90 Days	8.66%	3.70%
12 Months	24.21%	12.97%

56 Overlapping Holdings

Symbol	Grade	Weight in FNDA	Weight in XHYI	Overlap
AAL	D	0.06%	0.36%	0.06%
APG	F	0.14%	0.24%	0.14%
ASH	F	0.19%	0.23%	0.19%
ATGE	C	0.19%	0.24%	0.19%
ATI	C	0.09%	0.37%	0.09%
ATKR	F	0.1%	0.12%	0.1%
AVNT	B	0.22%	0.52%	0.22%
BCO	B	0.18%	0.37%	0.18%
BLD	C	0.06%	0.24%	0.06%
BXC	D	0.06%	0.12%	0.06%
BZH	B	0.07%	0.26%	0.07%
CASH	D	0.06%	0.43%	0.06%
CCS	C	0.22%	0.4%	0.22%
CDE	C	0.1%	0.11%	0.1%
CLH	C	0.28%	0.38%	0.28%
CMP	D	0.02%	0.26%	0.02%
CNDT	C	0.07%	0.24%	0.07%
CRS	C	0.25%	0.26%	0.25%
CSTM	D	0.09%	0.35%	0.09%
ENS	C	0.2%	0.25%	0.2%
ESI	C	0.21%	0.24%	0.21%
FUL	D	0.19%	0.25%	0.19%
GFF	C	0.1%	0.38%	0.1%
HCC	D	0.25%	0.13%	0.13%
HEES	D	0.09%	0.47%	0.09%
HI	F	0.08%	0.39%	0.08%
HL	C	0.1%	0.27%	0.1%
HRI	C	0.18%	0.52%	0.18%
HXL	F	0.17%	0.26%	0.17%
IBP	C	0.11%	0.13%	0.11%
JELD	D	0.17%	0.37%	0.17%
KALU	D	0.1%	0.35%	0.1%
KAR	D	0.13%	0.38%	0.13%
LGIH	D	0.16%	0.12%	0.12%
LXU	D	0.01%	0.26%	0.01%
MATV	D	0.08%	0.12%	0.08%
MERC	D	0.03%	0.37%	0.03%
MHO	B	0.29%	0.37%	0.29%
NGVT	D	0.09%	0.35%	0.09%
PATK	C	0.19%	0.23%	0.19%
PBI	C	0.13%	0.25%	0.13%
RYAM	C	0.02%	0.26%	0.02%
SLGN	B	0.1%	0.25%	0.1%
SLVM	C	0.28%	0.27%	0.27%
SPR	D	0.23%	0.24%	0.23%
SRCL	B	0.2%	0.35%	0.2%
SXC	F	0.05%	0.24%	0.05%
TNET	F	0.11%	0.24%	0.11%
TPC	C	0.29%	0.25%	0.25%
TRN	C	0.19%	0.26%	0.19%
TROX	D	0.13%	0.47%	0.13%
TSE	C	0.06%	0.39%	0.06%
TWI	D	0.0%	0.13%	0.0%
UAL	B	0.24%	0.25%	0.24%
VVV	D	0.17%	0.36%	0.17%
XPO	D	0.25%	0.53%	0.25%

FNDA Overweight 940 Positions Relative to XHYI

Symbol	Grade	Weight
SATS	C	0.63%
ANF	D	0.42%
RCL	B	0.41%
FICO	B	0.35%
UTHR	B	0.31%
DY	C	0.29%
OHI	C	0.29%
CRUS	D	0.29%
COIN	F	0.28%
BKU	D	0.28%
VLTO	B	0.27%
KMPR	D	0.27%
PRG	C	0.27%
WAL	B	0.27%
RDN	D	0.27%
SWX	C	0.26%
MAC	B	0.26%
FLS	C	0.25%
GME	D	0.25%
FRT	C	0.25%
HEI	C	0.25%
TXRH	B	0.25%
SF	B	0.25%
AGNC	B	0.24%
HIW	C	0.24%
SPB	B	0.24%
TTEK	C	0.24%
WWD	C	0.24%
SPOT	C	0.24%
COOP	C	0.23%
ELS	D	0.23%
AIT	B	0.23%
SEM	D	0.23%
AGO	D	0.23%
CBT	B	0.23%
GVA	B	0.23%
GEO	F	0.23%
DHC	C	0.23%
BKH	B	0.23%
VMI	C	0.22%
DEI	B	0.22%
PLXS	B	0.22%
BWXT	A	0.22%
BHE	C	0.22%
DBRG	D	0.22%
LNW	F	0.22%
FIX	B	0.22%
RXO	D	0.22%
MOG.A	B	0.22%
GATX	D	0.22%
FCN	C	0.22%
VIRT	C	0.22%
SBRA	C	0.21%
COLD	D	0.21%
FNB	D	0.21%
CROX	C	0.21%
RNR	B	0.21%
SMG	B	0.21%
GHC	B	0.21%
CUBE	C	0.21%
SCCO	C	0.21%
STC	C	0.21%
CWK	B	0.21%
SIG	C	0.21%
AWI	B	0.21%
SN	B	0.21%
LOPE	D	0.21%
ELAN	D	0.21%
KFY	C	0.21%
PB	D	0.21%
Z	C	0.21%
KRC	C	0.21%
PNFP	C	0.2%
SR	B	0.2%
DTM	C	0.2%
GMS	C	0.2%
ACHC	D	0.2%
WTFC	C	0.2%
AMKR	F	0.2%
SMCI	F	0.2%
FDP	C	0.2%
CBSH	D	0.2%
IDA	B	0.2%
UAA	C	0.2%
CADE	C	0.2%
CUZ	C	0.2%
AMH	D	0.2%
KEX	C	0.2%
CR	B	0.2%
GIII	D	0.2%
PFSI	C	0.2%
UNIT	C	0.2%
COMM	C	0.2%
ACIW	B	0.19%
TTMI	D	0.19%
SAIA	D	0.19%
HWC	D	0.19%
MAT	D	0.19%
COLB	B	0.19%
INCY	C	0.19%
LCII	C	0.19%
CXW	F	0.19%
VSCO	C	0.19%
ESNT	B	0.19%
WBS	C	0.19%
HNI	C	0.19%
FDS	C	0.19%
SBH	B	0.19%
NNN	B	0.19%
VRT	C	0.19%
NYT	B	0.19%
RPRX	C	0.19%
KNF	C	0.19%
EBS	D	0.19%
SHOO	B	0.19%
MC	C	0.19%
OGS	B	0.19%
NJR	C	0.18%
PCH	C	0.18%
OMI	D	0.18%
OZK	F	0.18%
NWE	A	0.18%
SCS	D	0.18%
ENTG	D	0.18%
UBSI	D	0.18%
MPWR	B	0.18%
HLI	C	0.18%
IMKTA	D	0.18%
NOMD	C	0.18%
URBN	F	0.18%
COLM	C	0.18%
HP	F	0.18%
PINC	D	0.18%
ASB	D	0.18%
CFR	C	0.18%
OLLI	C	0.18%
HE	F	0.18%
TEX	F	0.18%
FHB	D	0.18%
WH	B	0.18%
PNM	B	0.18%
OUT	B	0.17%
EXEL	C	0.17%
WAFD	D	0.17%
VLY	D	0.17%
WMK	D	0.17%
UNF	B	0.17%
EEFT	F	0.17%
ENVA	C	0.17%
BYD	C	0.17%
AVA	B	0.17%
ADTN	C	0.17%
ZM	C	0.17%
CSGP	D	0.17%
THS	C	0.17%
ACA	B	0.17%
LFUS	C	0.17%
MLKN	F	0.17%
ARCB	D	0.17%
ALE	A	0.17%
BIO	C	0.17%
SSD	C	0.17%
PSMT	B	0.17%
AXS	B	0.17%
MOD	C	0.17%
NVST	D	0.16%
GMED	D	0.16%
APLE	C	0.16%
CHDN	D	0.16%
PHIN	C	0.16%
CRC	C	0.16%
PIPR	B	0.16%
LITE	B	0.16%
CALM	B	0.16%
WD	B	0.16%
UMBF	C	0.16%
WTM	F	0.16%
GBX	D	0.16%
KMT	B	0.16%
PDCO	F	0.16%
BFAM	C	0.16%
MTCH	C	0.16%
LZB	C	0.16%
SFNC	C	0.15%
APP	C	0.15%
RYN	C	0.15%
PTEN	F	0.15%
WGO	D	0.15%
CATY	C	0.15%
NMRK	B	0.15%
NEU	D	0.15%
BXMT	C	0.15%
SUM	D	0.15%
VSTS	D	0.15%
GBCI	C	0.15%
SXT	B	0.15%
BDC	B	0.15%
CACC	F	0.15%
TPG	C	0.15%
VEEV	C	0.15%
EPR	C	0.15%
COKE	C	0.15%
ROL	C	0.15%
JBGS	C	0.15%
ONB	D	0.15%
CVLT	B	0.15%
SKY	B	0.15%
ENSG	D	0.15%
FN	C	0.15%
ICUI	C	0.15%
AGR	C	0.15%
CNK	C	0.15%
UVV	D	0.15%
RH	C	0.15%
WYNN	C	0.15%
LAUR	C	0.15%
GEF	C	0.14%
WEX	C	0.14%
MKTX	D	0.14%
PPC	D	0.14%
CGNX	F	0.14%
SNDR	B	0.14%
DOLE	B	0.14%
LBRT	F	0.14%
RGLD	C	0.14%
PLUS	B	0.14%
DNOW	F	0.14%
MCY	C	0.14%
CVCO	B	0.14%
VSTO	C	0.14%
SAH	D	0.14%
SCSC	D	0.14%
ARES	B	0.14%
KELYA	D	0.14%
EAT	C	0.14%
H	B	0.14%
SLAB	D	0.14%
B	C	0.14%
KTB	B	0.14%
MTX	D	0.14%
SVC	F	0.14%
SIGI	D	0.14%
FND	C	0.14%
PDM	C	0.14%
ESAB	C	0.14%
SITE	D	0.14%
VNT	F	0.14%
SKYW	C	0.14%
DASH	B	0.14%
TYL	C	0.14%
FWRD	D	0.13%
ABCB	C	0.13%
BOH	D	0.13%
WEN	C	0.13%
IAC	C	0.13%
WTS	C	0.13%
YELP	D	0.13%
SMTC	C	0.13%
ITGR	C	0.13%
CEIX	C	0.13%
AROC	D	0.13%
IGT	D	0.13%
WMS	D	0.13%
GTES	C	0.13%
ITRI	C	0.13%
BGC	D	0.13%
FULT	D	0.13%
AMED	D	0.13%
APAM	C	0.13%
WWW	A	0.13%
HPP	F	0.13%
AMWD	C	0.13%
MTDR	F	0.13%
JBLU	C	0.12%
RLJ	D	0.12%
LRN	B	0.12%
MANH	B	0.12%
CNXC	F	0.12%
BDN	C	0.12%
FR	C	0.12%
SCL	D	0.12%
FSS	D	0.12%
ECPG	D	0.12%
DNB	D	0.12%
TPL	C	0.12%
FELE	B	0.12%
PLNT	C	0.12%
DORM	C	0.12%
TDC	D	0.12%
DLB	D	0.12%
APOG	B	0.12%
TCBI	C	0.12%
STAG	D	0.12%
ZD	D	0.12%
AMN	F	0.12%
AMRK	C	0.12%
BOOT	B	0.12%
AIR	D	0.12%
XHR	B	0.11%
TRMK	D	0.11%
SKT	B	0.11%
BANR	C	0.11%
FFBC	D	0.11%
PLTR	C	0.11%
SHO	C	0.11%
PBH	C	0.11%
WDAY	D	0.11%
KRG	C	0.11%
RRC	D	0.11%
MORN	C	0.11%
AMR	D	0.11%
TREX	F	0.11%
RLI	B	0.11%
NHC	D	0.11%
TECH	C	0.11%
PTC	C	0.11%
RIG	F	0.11%
NHI	C	0.11%
TWLO	C	0.11%
OPCH	C	0.11%
VGR	C	0.11%
PSN	B	0.11%
ETSY	D	0.11%
AZZ	C	0.11%
BOKF	C	0.11%
EPC	F	0.11%
DIOD	F	0.11%
BRKR	D	0.11%
IDCC	B	0.11%
EXLS	B	0.11%
DRH	C	0.11%
IOSP	F	0.11%
HOPE	D	0.11%
MWA	B	0.11%
HTH	D	0.11%
MASI	C	0.11%
PECO	C	0.11%
CNM	F	0.1%
MELI	C	0.1%
LXP	C	0.1%
GNL	D	0.1%
AIN	F	0.1%
AM	B	0.1%
BKE	B	0.1%
ALEX	C	0.1%
PPBI	D	0.1%
CHRD	F	0.1%
BCPC	C	0.1%
WSBC	D	0.1%
AX	D	0.1%
CBRL	D	0.1%
HTLF	C	0.1%
ESRT	C	0.1%
DDS	D	0.1%
PFS	C	0.1%
MSA	D	0.1%
WSC	D	0.1%
PGRE	D	0.1%
HLF	F	0.1%
LANC	F	0.1%
IPGP	D	0.1%
SNBR	D	0.1%
CBU	D	0.1%
EMBC	D	0.1%
UE	C	0.1%
CHX	F	0.1%
DLX	F	0.1%
FIBK	C	0.1%
ICFI	C	0.1%
IBOC	D	0.1%
CABO	F	0.1%
FFIN	C	0.09%
KW	C	0.09%
GCI	C	0.09%
HCSG	D	0.09%
ROKU	D	0.09%
CENTA	F	0.09%
BMRN	F	0.09%
ESGR	D	0.09%
REVG	D	0.09%
ENR	D	0.09%
TOWN	D	0.09%
NTCT	C	0.09%
IBKR	B	0.09%
TILE	C	0.09%
VC	F	0.09%
RHP	C	0.09%
AKR	B	0.09%
IBTX	C	0.09%
MD	C	0.09%
JBT	C	0.09%
WSFS	D	0.09%
BKD	D	0.09%
ABNB	D	0.09%
BSIG	C	0.09%
STRA	F	0.09%
EIG	C	0.09%
EGP	C	0.09%
MGEE	C	0.09%
HELE	D	0.09%
HGV	F	0.09%
ORA	B	0.09%
OSIS	C	0.09%
NPO	C	0.09%
TW	B	0.09%
ABR	B	0.09%
PMT	C	0.09%
ENOV	F	0.09%
CWEN	A	0.09%
CVBF	D	0.09%
UCBI	B	0.09%
MMSI	C	0.09%
WOR	F	0.09%
SASR	C	0.09%
OTTR	F	0.09%
AEIS	D	0.09%
CNXN	B	0.09%
CBZ	F	0.08%
ROIC	C	0.08%
TALO	F	0.08%
FIVE	D	0.08%
BLMN	F	0.08%
OII	D	0.08%
COMP	C	0.08%
HRB	C	0.08%
PEB	D	0.08%
EXPO	B	0.08%
FSLR	C	0.08%
HALO	D	0.08%
WNC	F	0.08%
CNS	B	0.08%
NVRI	D	0.08%
HAIN	C	0.08%
RNG	F	0.08%
HZO	C	0.08%
AZEK	C	0.08%
MGRC	D	0.08%
NSA	C	0.08%
GOLF	F	0.08%
BGS	D	0.08%
JJSF	B	0.08%
NWBI	D	0.08%
ESE	B	0.08%
AMCX	F	0.08%
HWKN	B	0.08%
SYNA	D	0.08%
CPNG	B	0.08%
SAFT	D	0.08%
NMIH	C	0.08%
CACC	F	0.08%
INDB	D	0.08%
CNA	D	0.08%
NOW	C	0.08%
NSP	F	0.08%
THRM	F	0.08%
KFRC	F	0.08%
ONTO	C	0.08%
LADR	D	0.08%
NWN	B	0.08%
PINS	D	0.08%
NTGR	D	0.08%
FRME	D	0.08%
PRK	D	0.08%
SLG	C	0.08%
VIAV	C	0.08%
AXL	F	0.08%
SAM	D	0.08%
REXR	C	0.08%
FTDR	B	0.08%
STRL	C	0.08%
HAE	D	0.08%
CCO	D	0.08%
BV	C	0.08%
JACK	F	0.08%
ROCK	D	0.08%
OLED	D	0.08%
RBC	B	0.08%
PRDO	D	0.08%
RRR	D	0.08%
CIVI	F	0.08%
VSAT	F	0.08%
ARI	F	0.08%
CWT	D	0.08%
FBP	C	0.08%
WTRG	D	0.07%
TNC	D	0.07%
FCF	D	0.07%
ALG	D	0.07%
CPK	B	0.07%
IRDM	C	0.07%
ROG	D	0.07%
AGRO	C	0.07%
MRCY	C	0.07%
JWN	C	0.07%
MMS	B	0.07%
PLAB	D	0.07%
DXCM	F	0.07%
HLX	D	0.07%
HOMB	D	0.07%
KLIC	D	0.07%
MYRG	F	0.07%
PTVE	D	0.07%
AAON	B	0.07%
TTD	B	0.07%
MTRN	D	0.07%
FORM	F	0.07%
GWRE	B	0.07%
BMI	B	0.07%
ATSG	C	0.07%
GO	F	0.07%
LILAK	D	0.07%
COTY	D	0.07%
NNI	C	0.07%
MRC	D	0.07%
PAYC	D	0.07%
AAT	C	0.07%
POWI	F	0.07%
CODI	C	0.07%
STBA	D	0.07%
CHH	B	0.07%
MEDP	F	0.07%
REYN	C	0.07%
CNX	B	0.07%
NBTB	D	0.07%
RAMP	F	0.07%
CSWI	B	0.07%
IRT	C	0.07%
DFIN	D	0.07%
KLG	D	0.07%
RYI	F	0.07%
KAI	C	0.07%
ADC	C	0.07%
OMCL	C	0.07%
LGF.A	F	0.07%
KOS	F	0.07%
AY	B	0.07%
SCHL	D	0.07%
UCTT	D	0.07%
NTB	D	0.07%
OPEN	F	0.07%
CCOI	C	0.07%
KN	D	0.07%
CSGS	C	0.07%
YETI	D	0.07%
CORT	B	0.07%
MGY	D	0.07%
VBTX	C	0.06%
GLNG	B	0.06%
PR	F	0.06%
THRY	F	0.06%
TRNO	D	0.06%
OFG	C	0.06%
TRIP	F	0.06%
KWR	D	0.06%
MSM	D	0.06%
DEA	D	0.06%
RDUS	D	0.06%
HMST	B	0.06%
PUMP	F	0.06%
CRL	F	0.06%
OEC	F	0.06%
VRRM	D	0.06%
WING	C	0.06%
PJT	B	0.06%
PRAA	F	0.06%
SCVL	C	0.06%
ENPH	D	0.06%
NBR	F	0.06%
ZWS	B	0.06%
CWST	D	0.06%
APO	B	0.06%
MODG	F	0.06%
CNSL	A	0.06%
TRS	C	0.06%
WDFC	C	0.06%
MMI	C	0.06%
TNL	C	0.06%
EXPI	C	0.06%
SWBI	F	0.06%
ANDE	D	0.06%
BLKB	C	0.06%
ADUS	C	0.06%
BSY	C	0.06%
AAN	C	0.06%
ZUMZ	D	0.06%
STNG	D	0.06%
FTI	D	0.06%
ALK	B	0.06%
CAKE	B	0.06%
CUBI	F	0.06%
BNL	B	0.06%
ENV	C	0.06%
SXI	C	0.06%
CHE	C	0.06%
SABR	C	0.06%
GTN	D	0.06%
EBC	C	0.06%
NX	F	0.06%
DBX	C	0.06%
AWR	C	0.06%
HMN	C	0.06%
ROAD	C	0.06%
KOP	F	0.06%
CVI	F	0.06%
VRSN	C	0.06%
CARG	C	0.06%
DHT	C	0.06%
BUSE	D	0.06%
OXM	F	0.06%
SFL	D	0.06%
HHH	C	0.06%
CAL	F	0.06%
INVA	C	0.06%
ILPT	D	0.06%
GES	F	0.06%
CMPR	F	0.06%
MRTN	D	0.06%
NBIX	F	0.06%
JAZZ	D	0.06%
ACCO	C	0.06%
STNE	F	0.05%
CHCO	D	0.05%
PRA	C	0.05%
AUB	D	0.05%
LTC	C	0.05%
CVGW	C	0.05%
ASTE	F	0.05%
CBL	D	0.05%
SGH	D	0.05%
ERIE	B	0.05%
SMPL	D	0.05%
DXPE	C	0.05%
MNRO	C	0.05%
SUPN	D	0.05%
CRK	C	0.05%
FBNC	C	0.05%
FOXF	F	0.05%
HTLD	F	0.05%
GFS	F	0.05%
EXAS	D	0.05%
RDNT	B	0.05%
WFRD	F	0.05%
XP	D	0.05%
SBLK	C	0.05%
CTS	D	0.05%
RWT	C	0.05%
RGR	F	0.05%
PAGS	F	0.05%
SONO	F	0.05%
GCO	F	0.05%
PLAY	D	0.05%
PRFT	B	0.05%
NEOG	D	0.05%
PRGS	A	0.05%
SJW	F	0.05%
LYFT	D	0.05%
W	C	0.05%
NOVT	D	0.05%
JBSS	F	0.05%
AZTA	F	0.05%
GLOB	D	0.05%
FHI	B	0.05%
SMP	D	0.05%
ALIT	D	0.05%
ZIMV	F	0.05%
GPRE	F	0.05%
FCPT	C	0.05%
AEO	D	0.05%
LBRDK	C	0.05%
SENEA	B	0.05%
EPRT	B	0.05%
UIS	C	0.05%
CPS	D	0.05%
QLYS	D	0.05%
MYGN	D	0.05%
ASIX	B	0.05%
CNMD	D	0.05%
PSTG	F	0.05%
NUS	F	0.05%
SSB	C	0.05%
TRTX	D	0.05%
VSH	F	0.05%
CWH	C	0.05%
HURN	C	0.05%
CHEF	C	0.05%
EYE	F	0.05%
EPAC	B	0.05%
AGX	B	0.05%
HQY	C	0.05%
KTOS	B	0.05%
MATX	B	0.05%
WHD	D	0.05%
EFSC	D	0.05%
SEB	D	0.04%
TDOC	D	0.04%
PARR	F	0.04%
EVRI	B	0.04%
KREF	C	0.04%
MATW	F	0.04%
BBSI	C	0.04%
SPSC	D	0.04%
CRAI	C	0.04%
TEN	D	0.04%
SBSI	D	0.04%
RGEN	F	0.04%
TNK	D	0.04%
RKT	C	0.04%
RES	D	0.04%
EBF	C	0.04%
UTL	C	0.04%
CMRE	C	0.04%
DAC	C	0.04%
COHU	F	0.04%
ECVT	F	0.04%
GRBK	B	0.04%
AVNS	C	0.04%
EAF	D	0.04%
GLDD	C	0.04%
ACLS	F	0.04%
BRC	B	0.04%
SFIX	F	0.04%
SHEN	F	0.04%
PTON	C	0.04%
HVT	F	0.04%
MTUS	F	0.04%
CLVT	D	0.04%
INSW	C	0.04%
TBI	F	0.04%
USNA	F	0.04%
WTTR	D	0.04%
LNN	C	0.04%
CNNE	F	0.04%
LKFN	D	0.04%
CMCO	D	0.04%
EGBN	D	0.04%
CPF	C	0.04%
ICHR	D	0.04%
GDOT	D	0.04%
LIVN	D	0.04%
IART	F	0.04%
AHCO	C	0.04%
EVTC	D	0.04%
ETH	D	0.04%
CFFN	D	0.04%
WRLD	D	0.04%
IHRT	D	0.04%
WOOF	C	0.04%
STEP	B	0.04%
PRIM	B	0.04%
BRBR	B	0.04%
PODD	C	0.04%
UVE	C	0.04%
CLW	F	0.04%
LPG	F	0.04%
BRSP	D	0.03%
DHIL	C	0.03%
RUN	D	0.03%
CCSI	C	0.03%
SNOW	F	0.03%
CLOV	D	0.03%
ASTH	B	0.03%
TOST	C	0.03%
CRGY	D	0.03%
HAFC	D	0.03%
NOG	F	0.03%
ARCO	F	0.03%
TMP	D	0.03%
PEN	D	0.03%
WASH	C	0.03%
CSV	C	0.03%
HFWA	D	0.03%
AMC	F	0.03%
HAYW	C	0.03%
CLB	D	0.03%
IVT	D	0.03%
UFCS	D	0.03%
WABC	D	0.03%
BRKL	C	0.03%
SSTK	F	0.03%
SGRY	D	0.03%
BANF	C	0.03%
SRCE	D	0.03%
MTW	F	0.03%
ALTO	D	0.03%
CNOB	C	0.03%
BRY	F	0.03%
BJRI	D	0.03%
ZI	D	0.03%
OPI	F	0.03%
GNK	C	0.03%
OPK	D	0.03%
TPIC	C	0.03%
PFC	D	0.03%
SHYF	D	0.03%
TCBK	D	0.03%
WOW	D	0.03%
ALKS	D	0.03%
CSR	D	0.03%
HASI	C	0.03%
AVO	C	0.03%
PZZA	D	0.03%
VAL	F	0.03%
IPAR	D	0.03%
ALRM	F	0.03%
DBI	F	0.03%
CARS	F	0.03%
OCFC	B	0.03%
PRLB	F	0.03%
LSCC	D	0.03%
ZEUS	F	0.03%
DCO	B	0.03%
VRNT	F	0.03%
NVEE	F	0.03%
HSII	C	0.03%
PEGA	B	0.03%
JRVR	F	0.02%
MED	F	0.02%
VIR	F	0.02%
MXL	D	0.02%
AGL	F	0.02%
OKTA	F	0.02%
MOV	F	0.02%
LEVI	C	0.02%
DIN	D	0.02%
GDEN	D	0.02%
USM	C	0.02%
VREX	F	0.02%
AGM	D	0.02%
GTLS	F	0.02%
SBCF	D	0.02%
PRVA	F	0.02%
KNSL	D	0.02%
TUP	F	0.02%
LYV	A	0.02%
SFBS	C	0.02%
VSEC	D	0.02%
ALGT	D	0.02%
OIS	F	0.02%
DENN	D	0.02%
TITN	F	0.02%
CALX	C	0.02%
VRTS	F	0.02%
XPRO	F	0.02%
ATNI	C	0.02%
DT	C	0.02%
IRBT	F	0.02%
USPH	F	0.02%
FLGT	F	0.02%
PLCE	D	0.02%
CCRN	F	0.02%
DAY	D	0.02%
SRI	F	0.02%
MYE	F	0.02%
RNST	D	0.02%
TKO	A	0.02%
KRNY	D	0.02%
FLWS	F	0.02%
CLDT	D	0.02%
CTRE	C	0.02%
HLIO	C	0.02%
FIZZ	D	0.02%
RC	F	0.02%
AMBC	F	0.02%
ARKO	C	0.02%
VCTR	B	0.02%
CTRN	D	0.02%
CMTG	F	0.02%
MEI	D	0.02%
RGP	F	0.02%
PLOW	C	0.02%
GTY	C	0.02%
NPK	D	0.02%
INMD	D	0.01%
HAYN	D	0.01%
TTEC	F	0.01%
THR	F	0.01%
MGPI	F	0.01%
DNUT	F	0.01%
ONEW	D	0.01%
EVH	D	0.01%
PEBO	D	0.01%
NIC	D	0.01%
PFBC	D	0.01%
SPWH	D	0.01%
REX	D	0.01%
CRVL	B	0.01%
TBBK	C	0.01%
NBHC	D	0.01%
SNEX	C	0.01%
FBK	C	0.01%
NR	F	0.01%
VTOL	D	0.01%
HLNE	B	0.01%
CMTL	D	0.01%
AMRC	B	0.01%
LGND	D	0.01%
IIPR	B	0.01%
BHLB	C	0.01%
IIIN	F	0.01%
MBUU	D	0.01%
AOSL	D	0.01%
HOV	D	0.01%
IRWD	F	0.01%
TK	C	0.01%
KE	F	0.01%
LESL	F	0.01%
AMSF	C	0.01%
MODV	F	0.01%
MP	C	0.01%
PETS	D	0.01%
GPRO	F	0.01%
RILY	F	0.01%
BMBL	F	0.01%
WMG	D	0.01%
WOLF	F	0.01%
EDR	A	0.01%
AVD	F	0.01%
PKST	D	0.01%
PRM	B	0.01%
GSL	D	0.01%
SEDG	F	0.01%
SSP	F	0.01%
NU	C	0.01%
RMBS	F	0.01%
SNAP	D	0.01%
GPMT	D	0.01%
SSYS	D	0.01%
CRMT	F	0.01%
CHGG	F	0.0%
PCRX	F	0.0%
SEG	F	0.0%
CRNC	F	0.0%
ALGM	D	0.0%
WTI	F	0.0%
GIC	D	0.0%
GSM	F	0.0%
HY	F	0.0%
CENT	F	0.0%
AMPH	D	0.0%
MSBI	D	0.0%

FNDA Underweight 44 Positions Relative to XHYI

Symbol	Grade	Weight
OLN	D	-0.66%
TDG	B	-0.59%
CCK	B	-0.52%
HA	A	-0.51%
AXTA	B	-0.45%
UBER	C	-0.41%
WCC	C	-0.41%
X	F	-0.39%
ACM	B	-0.39%
DBD	C	-0.38%
ADT	D	-0.38%
DAL	C	-0.38%
CC	D	-0.37%
IT	C	-0.36%
BLDR	C	-0.35%
SAVE	F	-0.28%
MTH	C	-0.27%
AA	C	-0.27%
EVA	F	-0.26%
BERY	B	-0.26%
TPH	C	-0.26%
SEE	C	-0.26%
ZIP	D	-0.25%
UAN	F	-0.25%
GLT	C	-0.25%
FLR	D	-0.25%
ASGN	D	-0.25%
CAR	D	-0.25%
TMHC	B	-0.25%
ARMK	B	-0.25%
BECN	F	-0.24%
OI	D	-0.24%
GPK	C	-0.24%
URI	B	-0.24%
HWM	B	-0.24%
HTZ	F	-0.23%
TGI	F	-0.13%
BTU	C	-0.12%
REZI	D	-0.12%
LPX	B	-0.12%
CMC	D	-0.12%
KBH	C	-0.12%
CLF	F	-0.12%
PKOH	C	-0.11%