FNDX vs. AFLG ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Active Factor Large Cap ETF (AFLG)

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

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

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	AFLG
30 Days	3.67%	4.50%
60 Days	4.58%	5.60%
90 Days	6.53%	7.89%
12 Months	29.67%	37.65%

228 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in AFLG	Overlap
	AAPL	C	4.35%	7.06%	4.35%
	ABBV	D	0.49%	0.82%	0.49%
	ACGL	D	0.03%	0.17%	0.03%
	ACN	C	0.36%	0.22%	0.22%
	ADBE	C	0.2%	0.31%	0.2%
	ADM	D	0.21%	0.06%	0.06%
	AFL	B	0.21%	0.75%	0.21%
	AIG	B	0.28%	0.28%	0.28%
	AIZ	A	0.03%	0.16%	0.03%
	ALL	A	0.27%	0.08%	0.08%
	ALLE	D	0.01%	0.01%	0.01%
	AMAT	F	0.24%	0.34%	0.24%
	AMCR	D	0.03%	0.04%	0.03%
	AMP	A	0.15%	0.16%	0.15%
	AMZN	C	1.56%	1.78%	1.56%
	ANET	C	0.04%	0.13%	0.04%
	AOS	F	0.02%	0.38%	0.02%
	APH	A	0.09%	0.58%	0.09%
	AVB	B	0.05%	0.05%	0.05%
	AVGO	D	0.61%	1.27%	0.61%
	AXP	A	0.36%	0.41%	0.36%
	AZO	C	0.06%	0.17%	0.06%
	BAH	F	0.03%	0.17%	0.03%
	BBWI	D	0.03%	0.13%	0.03%
	BBY	D	0.16%	0.47%	0.16%
	BEN	C	0.04%	0.17%	0.04%
	BG	F	0.1%	0.07%	0.07%
	BK	A	0.26%	0.73%	0.26%
	BKNG	A	0.24%	0.28%	0.24%
	BLDR	D	0.06%	0.33%	0.06%
	BLK	C	0.28%	0.09%	0.09%
	BMY	B	0.45%	0.58%	0.45%
	BRK.A	B	2.17%	1.57%	1.57%
	BRO	B	0.02%	0.3%	0.02%
	BSX	B	0.09%	0.68%	0.09%
	BWA	D	0.05%	0.03%	0.03%
	CAH	B	0.07%	0.11%	0.07%
	CAT	B	0.41%	0.56%	0.41%
	CBOE	B	0.01%	0.38%	0.01%
	CDNS	B	0.03%	0.05%	0.03%
	CDW	F	0.04%	0.03%	0.03%
	CEG	D	0.1%	0.62%	0.1%
	CF	B	0.07%	0.42%	0.07%
	CFG	B	0.1%	0.27%	0.1%
	CI	F	0.48%	0.15%	0.15%
	CL	D	0.13%	0.58%	0.13%
	CMCSA	B	0.83%	0.55%	0.55%
	CME	A	0.08%	0.23%	0.08%
	CMG	B	0.04%	0.32%	0.04%
	CMI	A	0.19%	0.51%	0.19%
	CNC	D	0.19%	0.19%	0.19%
	COR	B	0.02%	0.57%	0.02%
	COST	B	0.66%	0.9%	0.66%
	CPT	B	0.02%	0.15%	0.02%
	CRBG	B	0.04%	0.09%	0.04%
	CRM	B	0.15%	0.59%	0.15%
	CSCO	B	0.82%	0.44%	0.44%
	CSL	C	0.05%	0.39%	0.05%
	CTAS	B	0.08%	0.7%	0.08%
	CTSH	B	0.19%	0.45%	0.19%
	CVS	D	0.68%	0.18%	0.18%
	CVX	A	1.25%	0.45%	0.45%
	DECK	A	0.03%	0.28%	0.03%
	DELL	C	0.03%	0.14%	0.03%
	DHI	D	0.16%	0.32%	0.16%
	DINO	D	0.05%	0.06%	0.05%
	DKS	C	0.04%	0.04%	0.04%
	DPZ	C	0.03%	0.05%	0.03%
	DVN	F	0.09%	0.29%	0.09%
	DXC	B	0.05%	0.08%	0.05%
	EA	A	0.09%	0.32%	0.09%
	EBAY	D	0.17%	0.1%	0.1%
	ECL	D	0.08%	0.52%	0.08%
	ED	D	0.12%	0.25%	0.12%
	EG	C	0.02%	0.15%	0.02%
	EIX	B	0.1%	0.23%	0.1%
	ELV	F	0.36%	0.67%	0.36%
	EME	C	0.06%	0.68%	0.06%
	EPAM	C	0.02%	0.05%	0.02%
	EQH	B	0.05%	0.0%	0.0%
	EQR	B	0.05%	0.1%	0.05%
	ESS	B	0.03%	0.05%	0.03%
	ETN	A	0.23%	0.55%	0.23%
	EVRG	A	0.07%	0.29%	0.07%
	EXPE	B	0.04%	0.21%	0.04%
	FDX	B	0.32%	0.24%	0.24%
	FE	C	0.09%	0.52%	0.09%
	FFIV	B	0.03%	0.6%	0.03%
	FI	A	0.13%	0.12%	0.12%
	FIS	C	0.12%	0.36%	0.12%
	FOXA	B	0.1%	0.55%	0.1%
	GDDY	A	0.03%	0.55%	0.03%
	GE	D	0.15%	0.15%	0.15%
	GEN	B	0.04%	0.1%	0.04%
	GILD	C	0.37%	0.57%	0.37%
	GL	B	0.03%	0.16%	0.03%
	GLPI	C	0.02%	0.42%	0.02%
	GOOGL	C	1.33%	2.04%	1.33%
	GRMN	B	0.03%	0.41%	0.03%
	GWW	B	0.08%	0.2%	0.08%
	HIG	B	0.14%	1.11%	0.14%
	HLT	A	0.06%	0.36%	0.06%
	HOLX	D	0.04%	0.04%	0.04%
	HPQ	B	0.21%	0.49%	0.21%
	HSIC	B	0.04%	0.39%	0.04%
	HST	C	0.04%	0.37%	0.04%
	HUM	C	0.19%	0.17%	0.17%
	HWM	A	0.07%	0.46%	0.07%
	IBM	C	0.54%	0.44%	0.44%
	ICE	C	0.11%	0.4%	0.11%
	IP	B	0.17%	0.34%	0.17%
	IPG	D	0.04%	0.07%	0.04%
	IT	C	0.03%	0.12%	0.03%
	IVZ	B	0.05%	0.04%	0.04%
	J	F	0.05%	0.08%	0.05%
	JBL	B	0.06%	0.18%	0.06%
	JNJ	D	0.89%	0.7%	0.7%
	KEYS	A	0.04%	0.22%	0.04%
	KHC	F	0.09%	0.1%	0.09%
	KLAC	D	0.08%	0.1%	0.08%
	KMB	D	0.1%	0.05%	0.05%
	KO	D	0.35%	0.33%	0.33%
	KR	B	0.3%	0.47%	0.3%
	L	A	0.05%	0.18%	0.05%
	LDOS	C	0.07%	0.13%	0.07%
	LEN	D	0.16%	0.32%	0.16%
	LH	C	0.09%	0.09%	0.09%
	LII	A	0.03%	0.25%	0.03%
	LKQ	D	0.05%	0.16%	0.05%
	LLY	F	0.2%	0.42%	0.2%
	LMT	D	0.37%	0.34%	0.34%
	LOW	D	0.43%	0.31%	0.31%
	LYB	F	0.14%	0.07%	0.07%
	MA	C	0.29%	0.21%	0.21%
	MAA	B	0.03%	0.47%	0.03%
	MAS	D	0.05%	0.5%	0.05%
	MCK	B	0.11%	0.53%	0.11%
	MCO	B	0.07%	0.05%	0.05%
	MET	A	0.26%	0.04%	0.04%
	META	D	1.79%	1.8%	1.79%
	MMM	D	0.35%	0.55%	0.35%
	MO	A	0.37%	0.99%	0.37%
	MOH	F	0.05%	0.08%	0.05%
	MOS	F	0.06%	0.03%	0.03%
	MPC	D	0.4%	0.13%	0.13%
	MRK	F	0.42%	0.62%	0.42%
	MSFT	F	2.43%	4.6%	2.43%
	MSI	B	0.07%	0.39%	0.07%
	NFLX	A	0.17%	0.91%	0.17%
	NRG	B	0.1%	0.81%	0.1%
	NTAP	C	0.07%	0.63%	0.07%
	NUE	C	0.19%	0.37%	0.19%
	NVDA	C	0.4%	5.45%	0.4%
	NVR	D	0.08%	0.47%	0.08%
	NWSA	B	0.04%	0.2%	0.04%
	NXPI	D	0.05%	0.05%	0.05%
	OC	A	0.07%	0.36%	0.07%
	OGN	D	0.04%	0.27%	0.04%
	ORLY	B	0.11%	0.06%	0.06%
	PCAR	B	0.15%	0.39%	0.15%
	PEG	A	0.11%	0.57%	0.11%
	PFG	D	0.09%	0.04%	0.04%
	PG	A	0.77%	0.84%	0.77%
	PGR	A	0.23%	0.73%	0.23%
	PH	A	0.13%	0.23%	0.13%
	PHM	D	0.11%	0.52%	0.11%
	PKG	A	0.07%	0.36%	0.07%
	PM	B	0.48%	0.35%	0.35%
	PPG	F	0.08%	0.19%	0.08%
	PPL	B	0.11%	0.05%	0.05%
	PRU	A	0.22%	0.09%	0.09%
	PSA	D	0.05%	0.05%	0.05%
	PSX	C	0.36%	0.09%	0.09%
	QCOM	F	0.43%	0.88%	0.43%
	QRVO	F	0.03%	0.05%	0.03%
	RF	A	0.09%	0.29%	0.09%
	RHI	B	0.04%	0.36%	0.04%
	RL	B	0.03%	0.79%	0.03%
	RMD	C	0.03%	0.1%	0.03%
	ROST	C	0.07%	0.04%	0.04%
	RPM	A	0.04%	0.11%	0.04%
	RS	B	0.09%	0.66%	0.09%
	SHW	A	0.08%	0.19%	0.08%
	SNA	A	0.06%	0.63%	0.06%
	SNPS	B	0.03%	0.06%	0.03%
	SO	D	0.26%	0.13%	0.13%
	SOLV	C	0.02%	0.25%	0.02%
	SPG	B	0.1%	0.58%	0.1%
	SPGI	C	0.15%	0.08%	0.08%
	SSNC	B	0.04%	0.09%	0.04%
	STLD	B	0.11%	0.47%	0.11%
	STT	A	0.1%	0.05%	0.05%
	SWKS	F	0.04%	0.2%	0.04%
	SYF	B	0.34%	0.29%	0.29%
	SYK	C	0.13%	0.15%	0.13%
	T	A	1.27%	0.18%	0.18%
	TDG	D	0.06%	0.0%	0.0%
	TJX	A	0.22%	0.38%	0.22%
	TMUS	B	0.25%	0.35%	0.25%
	TOL	B	0.06%	0.16%	0.06%
	TPR	B	0.05%	0.47%	0.05%
	TRGP	B	0.07%	0.36%	0.07%
	TROW	B	0.13%	0.2%	0.13%
	TT	A	0.06%	0.49%	0.06%
	TXT	D	0.06%	0.07%	0.06%
	UDR	B	0.02%	0.05%	0.02%
	UHS	D	0.08%	0.89%	0.08%
	ULTA	F	0.03%	0.14%	0.03%
	UNH	C	1.22%	0.27%	0.27%
	V	A	0.36%	0.3%	0.3%
	VICI	C	0.02%	0.44%	0.02%
	VLO	C	0.39%	0.31%	0.31%
	VRSN	F	0.01%	0.21%	0.01%
	VST	B	0.16%	1.26%	0.16%
	VTR	C	0.08%	0.21%	0.08%
	VTRS	A	0.1%	0.1%	0.1%
	VZ	C	1.13%	0.49%	0.49%
	WAB	B	0.06%	0.38%	0.06%
	WBA	F	0.17%	0.03%	0.03%
	WELL	A	0.1%	0.32%	0.1%
	WMT	A	1.47%	0.61%	0.61%
	WPC	D	0.02%	0.21%	0.02%
	WSM	B	0.04%	0.41%	0.04%
	WSO	A	0.03%	0.06%	0.03%
	WTW	B	0.07%	0.05%	0.05%
	WU	D	0.03%	0.29%	0.03%
	XOM	B	1.99%	0.74%	0.74%
	ZION	B	0.06%	0.06%	0.06%

FNDX Overweight 493 Positions Relative to AFLG

	Symbol	Grade	Weight
	JPM	A	2.03%
	WFC	A	1.35%
	BAC	A	1.3%
	GOOG	C	1.14%
	C	A	1.1%
	INTC	D	0.89%
	HD	A	0.8%
	GM	B	0.79%
	PFE	D	0.68%
	LUMN	C	0.65%
	GS	A	0.62%
	ORCL	B	0.5%
	COF	B	0.48%
	COP	C	0.48%
	MS	A	0.46%
	DIS	B	0.45%
	PEP	F	0.41%
	AMGN	D	0.39%
	MU	D	0.38%
	TGT	F	0.38%
	HON	B	0.37%
	CHTR	C	0.35%
	UNP	C	0.35%
	RTX	C	0.34%
	ABT	B	0.34%
	TXN	C	0.34%
	MCD	D	0.34%
	F	C	0.33%
	LIN	D	0.33%
	USB	A	0.32%
	TRV	B	0.31%
	DUK	C	0.3%
	PNC	B	0.3%
	TSLA	B	0.28%
	SBUX	A	0.28%
	UPS	C	0.28%
	DFS	B	0.26%
	CB	C	0.26%
	TMO	F	0.25%
	NEE	D	0.24%
	KMI	A	0.23%
	TFC	A	0.23%
	DE	A	0.23%
	EOG	A	0.23%
	CSX	B	0.22%
	PYPL	B	0.22%
	NSC	B	0.21%
	GD	F	0.21%
	HPE	B	0.21%
	MDLZ	F	0.2%
	NOC	D	0.2%
	TSN	B	0.2%
	HCA	F	0.2%
	NKE	D	0.19%
	DOW	F	0.18%
	EXC	C	0.17%
	WMB	A	0.17%
	EMR	A	0.17%
	D	C	0.17%
	DD	D	0.17%
	AEP	D	0.16%
	BKR	B	0.16%
	LHX	C	0.16%
	JCI	C	0.16%
	MDT	D	0.16%
	DHR	F	0.15%
	ADP	B	0.15%
	LRCX	F	0.15%
	ITW	B	0.15%
	WM	A	0.15%
	FCX	D	0.14%
	MMC	B	0.14%
	OKE	A	0.14%
	GLW	B	0.14%
	APD	A	0.13%
	SCHW	B	0.13%
	FITB	A	0.13%
	BX	A	0.13%
	ADI	D	0.13%
	AON	A	0.13%
	SRE	A	0.13%
	NEM	D	0.13%
	CBRE	B	0.13%
	URI	B	0.13%
	ETR	B	0.12%
	SLB	C	0.12%
	WDC	D	0.12%
	CARR	D	0.12%
	KKR	A	0.12%
	XEL	A	0.12%
	MTB	A	0.11%
	PARA	C	0.11%
	BDX	F	0.11%
	OXY	D	0.11%
	BA	F	0.11%
	INTU	C	0.11%
	AMT	D	0.11%
	GIS	D	0.11%
	SYY	B	0.1%
	ALLY	C	0.1%
	REGN	F	0.1%
	KEY	B	0.1%
	MRO	B	0.09%
	GPN	B	0.09%
	SW	A	0.09%
	ISRG	A	0.09%
	STX	D	0.09%
	BIIB	F	0.09%
	CTVA	C	0.09%
	MAR	B	0.09%
	WY	D	0.09%
	CCI	D	0.09%
	AMD	F	0.09%
	GEHC	F	0.09%
	ARW	D	0.08%
	EMN	D	0.08%
	HBAN	A	0.08%
	NTRS	A	0.08%
	USFD	A	0.08%
	CHRW	C	0.08%
	YUM	B	0.08%
	WHR	B	0.08%
	ES	D	0.08%
	OMC	C	0.08%
	DG	F	0.08%
	WEC	A	0.08%
	WKC	D	0.08%
	DLR	B	0.08%
	EQIX	A	0.08%
	JLL	D	0.08%
	WBD	C	0.08%
	K	A	0.07%
	BAX	D	0.07%
	IQV	D	0.07%
	VFC	C	0.07%
	SWK	D	0.07%
	CMA	A	0.07%
	AEE	A	0.07%
	DGX	A	0.07%
	THC	D	0.07%
	STZ	D	0.07%
	PWR	A	0.07%
	R	B	0.07%
	PLD	D	0.07%
	KDP	D	0.07%
	CINF	A	0.07%
	X	C	0.07%
	LAD	A	0.07%
	ZTS	D	0.07%
	AVT	C	0.07%
	DTE	C	0.07%
	VRTX	F	0.07%
	FAST	B	0.07%
	OVV	B	0.06%
	HES	B	0.06%
	M	D	0.06%
	ODFL	B	0.06%
	MGM	D	0.06%
	DVA	B	0.06%
	TSCO	D	0.06%
	CPAY	A	0.06%
	CAG	D	0.06%
	JEF	A	0.06%
	ROK	B	0.06%
	BALL	D	0.06%
	UNM	A	0.06%
	CMS	C	0.06%
	AA	B	0.06%
	OMF	A	0.06%
	MHK	D	0.06%
	LNG	B	0.06%
	CCL	B	0.06%
	FLEX	A	0.06%
	IRM	D	0.06%
	PFGC	B	0.06%
	CNP	B	0.06%
	HAL	C	0.06%
	FNF	B	0.06%
	RSG	A	0.06%
	PAYX	C	0.06%
	DOV	A	0.06%
	KSS	F	0.06%
	KMX	B	0.06%
	ACM	A	0.05%
	VNO	B	0.05%
	NI	A	0.05%
	MNST	C	0.05%
	VMC	B	0.05%
	AFG	A	0.05%
	INGR	B	0.05%
	ZBH	C	0.05%
	ORI	A	0.05%
	JBHT	C	0.05%
	MKL	A	0.05%
	DLTR	F	0.05%
	MCHP	D	0.05%
	IFF	D	0.05%
	JNPR	F	0.05%
	AES	F	0.05%
	DRI	B	0.05%
	AJG	B	0.05%
	AN	C	0.05%
	BXP	D	0.05%
	GPC	D	0.05%
	OTIS	C	0.05%
	KD	B	0.05%
	ALSN	B	0.05%
	LEA	D	0.05%
	TDS	B	0.05%
	GPI	A	0.05%
	FANG	D	0.05%
	CASY	A	0.05%
	ROP	B	0.05%
	AME	A	0.05%
	SFM	A	0.05%
	RJF	A	0.05%
	SJM	D	0.05%
	BFH	B	0.05%
	LNC	B	0.05%
	KVUE	A	0.05%
	A	D	0.05%
	TAP	C	0.05%
	O	D	0.04%
	FBIN	D	0.04%
	UBER	D	0.04%
	LPX	B	0.04%
	BCC	B	0.04%
	GAP	C	0.04%
	TER	D	0.04%
	OSK	B	0.04%
	AVY	D	0.04%
	AMG	B	0.04%
	ZIM	C	0.04%
	UFPI	B	0.04%
	LVS	C	0.04%
	PNR	A	0.04%
	FYBR	D	0.04%
	HSY	F	0.04%
	CNO	A	0.04%
	ON	D	0.04%
	CLX	B	0.04%
	DOX	D	0.04%
	EXPD	D	0.04%
	SLM	A	0.04%
	TMHC	B	0.04%
	CCK	C	0.04%
	WAT	B	0.04%
	ZBRA	B	0.04%
	GT	C	0.04%
	RGA	A	0.04%
	ATO	A	0.04%
	CHD	B	0.04%
	AWK	D	0.04%
	EW	C	0.04%
	LNT	A	0.04%
	FAF	A	0.04%
	MUSA	A	0.04%
	BERY	B	0.04%
	LPLA	A	0.04%
	PVH	C	0.04%
	PNW	B	0.04%
	AYI	B	0.04%
	WCC	B	0.04%
	THO	B	0.04%
	KNX	B	0.04%
	VRSK	A	0.04%
	EVR	B	0.04%
	JXN	C	0.04%
	MAN	D	0.04%
	EQT	B	0.04%
	MLM	B	0.04%
	GEV	B	0.04%
	MRVL	B	0.04%
	UGI	A	0.04%
	EXP	A	0.03%
	SEE	C	0.03%
	THG	A	0.03%
	LSTR	D	0.03%
	PRI	A	0.03%
	INVH	D	0.03%
	AR	B	0.03%
	FMC	D	0.03%
	SCI	B	0.03%
	IEX	B	0.03%
	ACI	C	0.03%
	MRNA	F	0.03%
	TDY	B	0.03%
	CPRT	A	0.03%
	GNTX	C	0.03%
	AAP	C	0.03%
	TRU	D	0.03%
	BTU	B	0.03%
	SQ	B	0.03%
	ITT	A	0.03%
	RVTY	F	0.03%
	KBH	D	0.03%
	BURL	A	0.03%
	ILMN	D	0.03%
	CW	B	0.03%
	TPH	D	0.03%
	G	B	0.03%
	FLR	B	0.03%
	SNX	C	0.03%
	BC	C	0.03%
	STE	F	0.03%
	APO	B	0.03%
	PCG	A	0.03%
	ABG	B	0.03%
	SNV	B	0.03%
	ARE	D	0.03%
	ALB	C	0.03%
	SEIC	B	0.03%
	MSCI	C	0.03%
	KIM	A	0.03%
	VOYA	B	0.03%
	TTWO	A	0.03%
	MTD	D	0.03%
	ARMK	B	0.03%
	CPB	D	0.03%
	EFX	F	0.03%
	DAL	C	0.03%
	CAR	C	0.03%
	OGE	B	0.03%
	GPK	C	0.03%
	HAS	D	0.03%
	EXR	D	0.03%
	AKAM	D	0.03%
	FL	F	0.03%
	RRX	B	0.03%
	AGCO	D	0.03%
	CACI	D	0.03%
	APA	D	0.03%
	MTH	D	0.03%
	JHG	A	0.03%
	CLF	F	0.03%
	HII	D	0.03%
	HRL	D	0.03%
	XYL	D	0.03%
	EWBC	A	0.03%
	NDAQ	A	0.03%
	TRMB	B	0.03%
	CIEN	B	0.03%
	GNW	A	0.03%
	NXST	C	0.03%
	CG	A	0.03%
	HUN	F	0.03%
	FHN	A	0.03%
	CTRA	B	0.03%
	EL	F	0.03%
	CMC	B	0.03%
	DOC	D	0.03%
	OLN	D	0.03%
	PANW	C	0.03%
	FTV	C	0.03%
	CE	F	0.03%
	IR	B	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	WRB	A	0.03%
	ADSK	A	0.03%
	MKC	D	0.03%
	SANM	B	0.03%
	FTNT	C	0.03%
	NWL	B	0.03%
	HBI	B	0.03%
	MLI	C	0.03%
	HUBB	B	0.03%
	BR	A	0.03%
	WLK	D	0.02%
	MDU	D	0.02%
	MTN	C	0.02%
	ODP	F	0.02%
	COHR	B	0.02%
	ALV	C	0.02%
	ALK	C	0.02%
	ADNT	F	0.02%
	FLO	D	0.02%
	MPW	F	0.02%
	MATX	C	0.02%
	LEG	F	0.02%
	BPOP	B	0.02%
	CHKP	D	0.02%
	TFX	F	0.02%
	ARCH	B	0.02%
	TKR	D	0.02%
	MIDD	C	0.02%
	AER	B	0.02%
	NSIT	F	0.02%
	KBR	F	0.02%
	POR	C	0.02%
	MKSI	C	0.02%
	VAC	B	0.02%
	TTC	D	0.02%
	UHAL	D	0.02%
	XRX	F	0.02%
	ASO	F	0.02%
	WERN	C	0.02%
	LW	C	0.02%
	OI	C	0.02%
	POST	C	0.02%
	NFG	A	0.02%
	ANSS	B	0.02%
	ASGN	F	0.02%
	SBAC	D	0.02%
	NAVI	C	0.02%
	SM	B	0.02%
	NDSN	B	0.02%
	WST	C	0.02%
	CZR	F	0.02%
	CCEP	C	0.02%
	LECO	B	0.02%
	ST	F	0.02%
	AL	B	0.02%
	MUR	D	0.02%
	TPX	B	0.02%
	PII	D	0.02%
	STWD	C	0.02%
	PAG	B	0.02%
	HUBG	A	0.02%
	SLG	B	0.02%
	GGG	B	0.02%
	GXO	B	0.02%
	CTLT	B	0.02%
	PENN	C	0.02%
	IDXX	F	0.02%
	JKHY	D	0.02%
	HOG	D	0.02%
	APTV	D	0.02%
	POOL	C	0.02%
	ALGN	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	FCNCA	A	0.02%
	NVT	B	0.02%
	AVTR	F	0.02%
	BECN	B	0.02%
	SKX	D	0.02%
	CC	C	0.02%
	CNH	C	0.02%
	SUI	D	0.02%
	LAMR	D	0.02%
	REG	B	0.02%
	PK	B	0.02%
	BRX	A	0.02%
	MTG	C	0.02%
	ABM	B	0.02%
	DAR	C	0.02%
	ATR	B	0.02%
	BJ	A	0.02%
	EHC	B	0.02%
	RUSHA	C	0.02%
	SAIC	F	0.02%
	REZI	A	0.02%
	GNRC	B	0.02%
	TGNA	B	0.02%
	BAP	B	0.02%
	SON	D	0.02%
	AXTA	A	0.02%
	LUV	C	0.02%
	VSH	D	0.01%
	ANDE	D	0.01%
	LILAK	D	0.01%
	CNXC	F	0.01%
	CRL	C	0.01%
	DBX	B	0.01%
	ICLR	D	0.01%
	WTRG	B	0.01%
	MSM	C	0.01%
	SPTN	D	0.01%
	CHE	D	0.01%
	MMS	F	0.01%
	AEO	F	0.01%
	CYH	F	0.01%
	JAZZ	B	0.01%
	BLD	D	0.01%
	FSLR	F	0.01%
	NOW	A	0.01%
	TNL	A	0.01%
	PRGO	B	0.01%
	QRTEA	F	0.01%
	AAL	B	0.01%
	FTI	A	0.01%
	JWN	C	0.01%
	HRB	D	0.01%
	XRAY	F	0.01%
	DK	C	0.01%
	HTZ	C	0.01%
	DAN	D	0.01%
	LULU	C	0.01%
	UNFI	A	0.01%
	CRI	D	0.01%
	CNX	A	0.01%
	CPRI	F	0.01%

FNDX Underweight 20 Positions Relative to AFLG

	Symbol	Grade	Weight
	APP	B	-1.29%
	FICO	B	-0.8%
	CNA	B	-0.42%
	IBKR	A	-0.39%
	VSCO	B	-0.28%
	MANH	D	-0.25%
	MTCH	D	-0.25%
	ERIE	D	-0.24%
	ZM	B	-0.23%
	INCY	C	-0.22%
	ALNY	D	-0.21%
	VRT	B	-0.16%
	SCCO	F	-0.11%
	ETSY	D	-0.09%
	TPL	A	-0.08%
	CVNA	B	-0.07%
	ROL	B	-0.06%
	DASH	A	-0.06%
	PINS	D	-0.04%
	UTHR	C	-0.04%

FNDX: Top Represented Industries & Keywords

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

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

AFLG: Top Represented Industries & Keywords

Industries: Specialty Retail Asset Management Information Technology Services Health Care Plans Software - Application Drug Manufacturers - Major Insurance - Diversified Internet Content & Information REIT - Residential Semiconductors Business Services Credit Services Diversified Industrials Insurance - Life Residential Construction Specialty Chemicals Utilities - Regulated Electric Insurance - Property & Casualty Medical Distribution Oil & Gas Refining & Marketing

Keywords: S&P 500 Nasdaq 100 Insurance Dow Jones Component Computing Electronics Natural Gas Mobile Devices Telecommunications Disability Insurance Products Real Estate Investment Trust Aerospace Electricity IBD 50 Life Insurance Cloud Computing Health Insurance Medicine Retail Store