FNDX vs. ESG ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to FlexShares STOXX US ESG Impact Index Fund (ESG)

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

$71.53

Average Daily Volume

410,055

Number of Holdings ^*

716

* may have additional holdings in another (foreign) market

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$135.50

Average Daily Volume

5,334

Number of Holdings ^*

258

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	ESG
30 Days	2.67%	3.35%
60 Days	4.35%	5.15%
90 Days	7.25%	5.94%
12 Months	29.57%	29.79%

247 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in ESG	Overlap
	A	C	0.06%	0.07%	0.06%
	AAPL	C	4.32%	4.97%	4.32%
	ABT	C	0.34%	0.64%	0.34%
	ACM	B	0.04%	0.02%	0.02%
	ACN	C	0.34%	1.08%	0.34%
	ADBE	F	0.19%	0.76%	0.19%
	ADP	C	0.14%	0.46%	0.14%
	ADSK	B	0.03%	0.28%	0.03%
	AEP	C	0.19%	0.09%	0.09%
	AES	C	0.07%	0.03%	0.03%
	AFL	A	0.23%	0.23%	0.23%
	AIG	D	0.28%	0.12%	0.12%
	AJG	D	0.05%	0.15%	0.05%
	AKAM	D	0.03%	0.04%	0.03%
	ALL	C	0.29%	0.08%	0.08%
	AMAT	D	0.25%	0.52%	0.25%
	AMD	C	0.09%	0.81%	0.09%
	AMT	C	0.14%	0.44%	0.14%
	AMZN	C	1.38%	4.87%	1.38%
	AON	B	0.12%	0.25%	0.12%
	APO	B	0.03%	0.26%	0.03%
	APTV	D	0.04%	0.04%	0.04%
	ARE	C	0.03%	0.08%	0.03%
	AVGO	C	0.67%	1.92%	0.67%
	AVTR	C	0.03%	0.03%	0.03%
	AWK	C	0.05%	0.11%	0.05%
	AZO	B	0.06%	0.09%	0.06%
	BAC	D	1.22%	0.89%	0.89%
	BALL	C	0.06%	0.1%	0.06%
	BAX	C	0.09%	0.04%	0.04%
	BBY	A	0.19%	0.1%	0.1%
	BDX	D	0.11%	0.1%	0.1%
	BG	F	0.11%	0.02%	0.02%
	BK	B	0.26%	0.22%	0.22%
	BKNG	B	0.2%	0.45%	0.2%
	BKR	C	0.14%	0.09%	0.09%
	BLK	B	0.25%	0.63%	0.25%
	BMY	C	0.36%	0.32%	0.32%
	BR	C	0.03%	0.08%	0.03%
	BRK.A	C	2.26%	2.88%	2.26%
	BSX	B	0.09%	0.2%	0.09%
	BURL	C	0.03%	0.05%	0.03%
	BX	C	0.12%	0.18%	0.12%
	C	C	1.05%	0.57%	0.57%
	CAG	B	0.07%	0.05%	0.05%
	CAH	C	0.07%	0.09%	0.07%
	CAT	B	0.39%	0.44%	0.39%
	CB	B	0.29%	0.36%	0.29%
	CBRE	B	0.13%	0.18%	0.13%
	CCEP	C	0.03%	0.08%	0.03%
	CCI	C	0.11%	0.08%	0.08%
	CCL	C	0.05%	0.03%	0.03%
	CHD	C	0.04%	0.04%	0.04%
	CI	C	0.55%	0.33%	0.33%
	CL	C	0.16%	0.34%	0.16%
	CLX	C	0.04%	0.1%	0.04%
	CMG	D	0.04%	0.25%	0.04%
	CMI	B	0.17%	0.17%	0.17%
	COP	F	0.42%	0.2%	0.2%
	COST	C	0.72%	0.97%	0.72%
	CPT	C	0.02%	0.02%	0.02%
	CRM	C	0.12%	0.41%	0.12%
	CSCO	B	0.74%	0.68%	0.68%
	CSX	C	0.21%	0.11%	0.11%
	CTAS	C	0.09%	0.34%	0.09%
	CTSH	B	0.18%	0.15%	0.15%
	CTVA	B	0.09%	0.1%	0.09%
	CVS	D	0.68%	0.29%	0.29%
	CVX	F	1.07%	1.21%	1.07%
	DD	B	0.18%	0.11%	0.11%
	DE	A	0.22%	0.46%	0.22%
	DECK	C	0.03%	0.08%	0.03%
	DFS	C	0.21%	0.08%	0.08%
	DG	F	0.08%	0.04%	0.04%
	DIS	D	0.38%	0.69%	0.38%
	DKS	D	0.05%	0.02%	0.02%
	DLTR	F	0.05%	0.03%	0.03%
	DOC	B	0.04%	0.08%	0.04%
	DOV	B	0.06%	0.06%	0.06%
	DOW	C	0.19%	0.12%	0.12%
	DOX	C	0.04%	0.05%	0.04%
	DPZ	D	0.04%	0.04%	0.04%
	EBAY	B	0.2%	0.1%	0.1%
	ECL	B	0.09%	0.17%	0.09%
	EL	D	0.04%	0.08%	0.04%
	ELV	D	0.5%	0.5%	0.5%
	EMR	D	0.15%	0.1%	0.1%
	ESS	C	0.04%	0.06%	0.04%
	EW	F	0.04%	0.13%	0.04%
	EXPD	B	0.02%	0.03%	0.02%
	EXPE	C	0.03%	0.06%	0.03%
	F	F	0.31%	0.07%	0.07%
	FANG	F	0.05%	0.05%	0.05%
	FCX	C	0.14%	0.16%	0.14%
	FDX	D	0.33%	0.19%	0.19%
	FIS	C	0.13%	0.08%	0.08%
	FITB	B	0.13%	0.07%	0.07%
	FLEX	B	0.05%	0.02%	0.02%
	FTV	C	0.03%	0.11%	0.03%
	GEHC	B	0.07%	0.18%	0.07%
	GILD	B	0.35%	0.25%	0.25%
	GIS	B	0.13%	0.21%	0.13%
	GLW	B	0.14%	0.06%	0.06%
	GM	C	0.69%	0.26%	0.26%
	GOOG	D	1.07%	1.49%	1.07%
	GS	B	0.57%	0.78%	0.57%
	GWW	B	0.07%	0.15%	0.07%
	HBAN	B	0.07%	0.05%	0.05%
	HD	B	0.79%	0.93%	0.79%
	HIG	B	0.15%	0.13%	0.13%
	HLT	B	0.06%	0.23%	0.06%
	HOLX	D	0.04%	0.06%	0.04%
	HPE	C	0.18%	0.1%	0.1%
	HPQ	C	0.2%	0.17%	0.17%
	HST	D	0.04%	0.03%	0.03%
	HSY	D	0.04%	0.12%	0.04%
	IBM	B	0.62%	0.97%	0.62%
	ICE	C	0.13%	0.44%	0.13%
	IDXX	D	0.03%	0.08%	0.03%
	IEX	C	0.02%	0.04%	0.02%
	ILMN	D	0.03%	0.05%	0.03%
	INTC	D	0.64%	0.37%	0.37%
	INTU	D	0.1%	0.44%	0.1%
	IPG	C	0.04%	0.06%	0.04%
	IQV	D	0.08%	0.18%	0.08%
	IRM	C	0.08%	0.14%	0.08%
	IT	C	0.03%	0.15%	0.03%
	ITW	B	0.15%	0.12%	0.12%
	JBL	C	0.05%	0.05%	0.05%
	JNJ	C	1.0%	1.91%	1.0%
	JPM	D	1.93%	2.93%	1.93%
	K	A	0.07%	0.11%	0.07%
	KDP	B	0.08%	0.09%	0.08%
	KEY	C	0.09%	0.03%	0.03%
	KEYS	B	0.03%	0.04%	0.03%
	KHC	C	0.11%	0.1%	0.1%
	KLAC	D	0.1%	0.16%	0.1%
	KMB	C	0.11%	0.23%	0.11%
	KO	B	0.43%	1.36%	0.43%
	KR	B	0.3%	0.18%	0.18%
	LECO	D	0.02%	0.03%	0.02%
	LII	C	0.03%	0.09%	0.03%
	LKQ	F	0.05%	0.01%	0.01%
	LLY	D	0.26%	2.51%	0.26%
	LNG	D	0.05%	0.07%	0.05%
	LNT	A	0.04%	0.02%	0.02%
	LOW	B	0.42%	0.59%	0.42%
	LRCX	D	0.16%	0.41%	0.16%
	LULU	D	0.02%	0.16%	0.02%
	LVS	C	0.03%	0.04%	0.03%
	MA	B	0.28%	0.98%	0.28%
	MAR	B	0.08%	0.25%	0.08%
	MAS	B	0.06%	0.05%	0.05%
	MCD	B	0.34%	0.34%	0.34%
	MCK	F	0.1%	0.21%	0.1%
	MCO	C	0.08%	0.13%	0.08%
	MDLZ	C	0.23%	0.4%	0.23%
	MDT	B	0.27%	0.38%	0.27%
	MET	B	0.26%	0.19%	0.19%
	META	B	1.85%	5.19%	1.85%
	MGM	D	0.05%	0.03%	0.03%
	MKC	C	0.04%	0.07%	0.04%
	MMC	C	0.15%	0.36%	0.15%
	MRK	F	0.51%	1.2%	0.51%
	MRNA	F	0.04%	0.06%	0.04%
	MRO	D	0.08%	0.05%	0.05%
	MS	B	0.36%	0.21%	0.21%
	MSCI	C	0.03%	0.1%	0.03%
	MSFT	C	2.53%	4.6%	2.53%
	MU	D	0.35%	0.49%	0.35%
	NDAQ	C	0.03%	0.11%	0.03%
	NDSN	C	0.02%	0.05%	0.02%
	NEM	C	0.19%	0.25%	0.19%
	NKE	D	0.18%	0.33%	0.18%
	NOW	C	0.01%	0.47%	0.01%
	NTAP	D	0.08%	0.08%	0.08%
	NTRS	C	0.07%	0.03%	0.03%
	NUE	D	0.18%	0.06%	0.06%
	NVT	C	0.02%	0.05%	0.02%
	NXPI	D	0.08%	0.24%	0.08%
	OC	C	0.06%	0.04%	0.04%
	OMC	B	0.08%	0.1%	0.08%
	ORCL	B	0.49%	0.65%	0.49%
	OTIS	B	0.05%	0.16%	0.05%
	PANW	D	0.03%	0.26%	0.03%
	PEG	B	0.11%	0.07%	0.07%
	PEP	D	0.45%	0.38%	0.38%
	PFE	D	0.76%	0.4%	0.4%
	PFG	B	0.08%	0.08%	0.08%
	PG	C	0.85%	1.98%	0.85%
	PNR	B	0.04%	0.06%	0.04%
	PYPL	B	0.19%	0.25%	0.19%
	QCOM	D	0.46%	0.61%	0.46%
	RF	B	0.08%	0.04%	0.04%
	ROK	D	0.05%	0.05%	0.05%
	ROST	C	0.08%	0.21%	0.08%
	SBUX	C	0.26%	0.26%	0.26%
	SHW	B	0.09%	0.15%	0.09%
	SJM	C	0.06%	0.03%	0.03%
	SLB	F	0.11%	0.3%	0.11%
	SNPS	F	0.03%	0.24%	0.03%
	SPGI	C	0.15%	0.67%	0.15%
	STT	B	0.1%	0.07%	0.07%
	STX	B	0.1%	0.03%	0.03%
	STZ	C	0.07%	0.07%	0.07%
	SUI	C	0.03%	0.06%	0.03%
	SW	B	0.11%	0.08%	0.08%
	SWK	B	0.08%	0.05%	0.05%
	SWKS	F	0.05%	0.02%	0.02%
	SYK	C	0.13%	0.53%	0.13%
	SYY	C	0.1%	0.06%	0.06%
	TEL	D	0.11%	0.11%	0.11%
	TFC	D	0.22%	0.18%	0.18%
	TGT	C	0.38%	0.28%	0.28%
	TJX	C	0.24%	0.65%	0.24%
	TRV	C	0.31%	0.22%	0.22%
	TSCO	B	0.06%	0.12%	0.06%
	TSLA	C	0.18%	3.2%	0.18%
	TT	B	0.09%	0.35%	0.09%
	TXN	B	0.34%	0.6%	0.34%
	UBER	C	0.04%	0.49%	0.04%
	UNH	C	1.23%	1.28%	1.23%
	UNP	D	0.4%	0.6%	0.4%
	URI	B	0.13%	0.09%	0.09%
	USB	C	0.3%	0.35%	0.3%
	V	C	0.35%	1.8%	0.35%
	VICI	C	0.02%	0.17%	0.02%
	VLO	F	0.37%	0.11%	0.11%
	VRSK	D	0.04%	0.13%	0.04%
	VRTX	D	0.08%	0.39%	0.08%
	VTR	C	0.09%	0.08%	0.08%
	VZ	A	1.33%	0.45%	0.45%
	WAB	B	0.06%	0.08%	0.06%
	WBA	F	0.14%	0.03%	0.03%
	WDC	C	0.13%	0.1%	0.1%
	WELL	C	0.11%	0.3%	0.11%
	WMT	B	1.5%	1.68%	1.5%
	WSM	C	0.06%	0.09%	0.06%
	WST	D	0.02%	0.04%	0.02%
	WTW	B	0.07%	0.14%	0.07%
	WY	C	0.09%	0.12%	0.09%
	XOM	D	1.91%	2.49%	1.91%
	XYL	C	0.04%	0.08%	0.04%
	YUM	B	0.08%	0.12%	0.08%
	ZBH	F	0.05%	0.03%	0.03%
	ZBRA	B	0.04%	0.07%	0.04%
	ZTS	B	0.08%	0.36%	0.08%

FNDX Overweight 469 Positions Relative to ESG

	Symbol	Grade	Weight
	T	B	1.39%
	GOOGL	D	1.23%
	WFC	D	1.09%
	CMCSA	C	0.74%
	ABBV	B	0.6%
	LUMN	C	0.58%
	PM	C	0.51%
	AMGN	D	0.48%
	MPC	F	0.41%
	LMT	A	0.4%
	MMM	B	0.4%
	COF	B	0.39%
	AXP	B	0.37%
	NVDA	C	0.37%
	MO	C	0.37%
	RTX	B	0.36%
	PSX	F	0.36%
	LIN	B	0.35%
	DUK	B	0.34%
	HON	C	0.34%
	CHTR	D	0.32%
	SO	B	0.29%
	TMO	B	0.29%
	NEE	B	0.29%
	PNC	C	0.29%
	SYF	C	0.27%
	HCA	B	0.26%
	PGR	C	0.26%
	UPS	D	0.25%
	CNC	D	0.25%
	TMUS	B	0.24%
	PRU	C	0.23%
	GD	C	0.23%
	ADM	D	0.22%
	NOC	B	0.21%
	ETN	C	0.21%
	HUM	F	0.2%
	NSC	C	0.2%
	DHI	C	0.2%
	TSN	D	0.2%
	EOG	D	0.2%
	D	C	0.19%
	LEN	B	0.19%
	KMI	C	0.19%
	EXC	B	0.18%
	GE	C	0.18%
	DHR	B	0.17%
	REGN	D	0.16%
	IP	C	0.16%
	LHX	C	0.16%
	WMB	C	0.15%
	NFLX	B	0.15%
	JCI	B	0.15%
	WM	D	0.15%
	LYB	D	0.15%
	PCAR	D	0.13%
	OKE	C	0.13%
	PHM	B	0.13%
	BA	F	0.13%
	CARR	B	0.13%
	ED	B	0.13%
	ADI	C	0.13%
	XEL	B	0.12%
	PH	B	0.12%
	APD	B	0.12%
	KKR	B	0.12%
	SRE	B	0.12%
	AMP	B	0.12%
	VST	B	0.12%
	NRG	B	0.11%
	EIX	B	0.11%
	SPG	B	0.11%
	ETR	A	0.11%
	OXY	F	0.11%
	TROW	C	0.11%
	PPL	A	0.11%
	MTB	C	0.1%
	ALLY	F	0.1%
	FE	B	0.1%
	SCHW	D	0.1%
	ORLY	B	0.1%
	CEG	C	0.1%
	CFG	D	0.1%
	BIIB	F	0.1%
	UHS	C	0.1%
	APH	C	0.09%
	ISRG	C	0.09%
	FOXA	B	0.09%
	ES	B	0.09%
	STLD	C	0.09%
	JLL	B	0.09%
	PARA	D	0.09%
	VTRS	D	0.09%
	LDOS	A	0.08%
	MHK	B	0.08%
	X	F	0.08%
	GPN	D	0.08%
	TDG	B	0.08%
	RS	D	0.08%
	DLR	B	0.08%
	CME	B	0.08%
	DVN	F	0.08%
	PLD	C	0.08%
	NVR	B	0.08%
	EA	D	0.08%
	PPG	C	0.08%
	THC	C	0.08%
	EQIX	B	0.08%
	EMN	B	0.08%
	DTE	A	0.08%
	ARW	B	0.08%
	WEC	B	0.08%
	KSS	D	0.07%
	FAST	C	0.07%
	OGN	D	0.07%
	WHR	C	0.07%
	KMX	D	0.07%
	RSG	D	0.07%
	FNF	B	0.07%
	AEE	B	0.07%
	DVA	B	0.07%
	PKG	B	0.07%
	CINF	C	0.07%
	DGX	B	0.07%
	CHRW	B	0.07%
	USFD	C	0.07%
	EVRG	B	0.07%
	AVT	B	0.07%
	J	A	0.06%
	AVB	C	0.06%
	CDW	D	0.06%
	EME	B	0.06%
	CNP	C	0.06%
	CE	D	0.06%
	EQR	C	0.06%
	HAL	F	0.06%
	TOL	A	0.06%
	IFF	A	0.06%
	CMA	C	0.06%
	CF	B	0.06%
	PAYX	C	0.06%
	TRGP	C	0.06%
	TXT	D	0.06%
	VFC	B	0.06%
	PSA	C	0.06%
	HWM	B	0.06%
	CMS	B	0.06%
	MSI	B	0.06%
	PWR	B	0.06%
	WBD	D	0.06%
	R	C	0.06%
	MKL	C	0.05%
	INGR	B	0.05%
	PNW	C	0.05%
	UGI	B	0.05%
	TDS	B	0.05%
	AFG	C	0.05%
	DRI	C	0.05%
	AME	C	0.05%
	QRVO	F	0.05%
	TER	C	0.05%
	NI	B	0.05%
	EQH	C	0.05%
	BWA	C	0.05%
	ODFL	D	0.05%
	ACGL	B	0.05%
	VNO	B	0.05%
	TAP	D	0.05%
	MUSA	D	0.05%
	GPI	B	0.05%
	ORI	B	0.05%
	KD	F	0.05%
	CSL	B	0.05%
	SFM	B	0.05%
	DINO	F	0.05%
	GEV	B	0.05%
	AA	C	0.05%
	CPAY	B	0.05%
	UNM	B	0.05%
	DXC	D	0.05%
	L	D	0.05%
	MAN	C	0.05%
	AN	C	0.05%
	ZION	D	0.05%
	MOH	D	0.05%
	PFGC	B	0.05%
	ROP	C	0.05%
	LEA	D	0.05%
	OMF	D	0.05%
	M	F	0.05%
	MCHP	D	0.05%
	LAD	B	0.05%
	CASY	D	0.05%
	LNC	C	0.05%
	GPC	D	0.05%
	MOS	F	0.05%
	JNPR	A	0.05%
	JEF	C	0.05%
	BXP	C	0.05%
	FL	F	0.04%
	MTD	C	0.04%
	LPX	B	0.04%
	AMG	C	0.04%
	RPM	B	0.04%
	ANET	C	0.04%
	HAS	B	0.04%
	WRB	D	0.04%
	MRVL	D	0.04%
	CPB	C	0.04%
	SLM	C	0.04%
	BAP	B	0.04%
	MTH	C	0.04%
	MAA	C	0.04%
	WU	C	0.04%
	WAT	B	0.04%
	AYI	B	0.04%
	BAH	B	0.04%
	ON	D	0.04%
	CNO	C	0.04%
	EFX	C	0.04%
	EXR	C	0.04%
	RMD	C	0.04%
	SSNC	C	0.04%
	THO	C	0.04%
	FYBR	C	0.04%
	GAP	F	0.04%
	TMHC	B	0.04%
	JXN	B	0.04%
	KNX	C	0.04%
	TPR	A	0.04%
	CCK	B	0.04%
	BEN	F	0.04%
	ATO	B	0.04%
	MNST	D	0.04%
	PVH	D	0.04%
	BLDR	C	0.04%
	EVR	B	0.04%
	RJF	C	0.04%
	NWSA	D	0.04%
	JBHT	D	0.04%
	SOLV	D	0.04%
	VMC	C	0.04%
	AVY	C	0.04%
	HSIC	C	0.04%
	MLM	D	0.04%
	GRMN	D	0.04%
	O	B	0.04%
	ZIM	B	0.04%
	BERY	B	0.04%
	RGA	C	0.04%
	ALSN	B	0.04%
	IVZ	B	0.04%
	FAF	B	0.04%
	SNA	B	0.04%
	HES	F	0.04%
	OVV	F	0.04%
	HII	F	0.04%
	REG	C	0.03%
	SKX	C	0.03%
	LAMR	B	0.03%
	SNX	C	0.03%
	AOS	B	0.03%
	BRO	C	0.03%
	ITT	B	0.03%
	GNTX	D	0.03%
	UDR	C	0.03%
	AAP	F	0.03%
	CW	B	0.03%
	SCI	C	0.03%
	HOG	C	0.03%
	MTG	B	0.03%
	FLR	D	0.03%
	CIEN	B	0.03%
	EWBC	C	0.03%
	LPLA	D	0.03%
	CG	C	0.03%
	SON	D	0.03%
	SAIC	C	0.03%
	TRMB	C	0.03%
	EG	B	0.03%
	CLF	F	0.03%
	BC	C	0.03%
	FTNT	B	0.03%
	AER	C	0.03%
	SWN	C	0.03%
	FHN	D	0.03%
	JHG	B	0.03%
	BPOP	C	0.03%
	AIZ	B	0.03%
	AGCO	D	0.03%
	PCG	C	0.03%
	CMC	D	0.03%
	CRBG	C	0.03%
	VOYA	B	0.03%
	PBF	F	0.03%
	RRX	C	0.03%
	FMC	B	0.03%
	GT	F	0.03%
	KVUE	B	0.03%
	NWL	C	0.03%
	TRU	B	0.03%
	INVH	D	0.03%
	CHKP	B	0.03%
	OLN	D	0.03%
	ULTA	D	0.03%
	RL	B	0.03%
	IR	B	0.03%
	MLI	B	0.03%
	CDNS	D	0.03%
	SLG	C	0.03%
	APA	F	0.03%
	KIM	C	0.03%
	ARMK	B	0.03%
	MTZ	C	0.03%
	GNW	C	0.03%
	TPH	C	0.03%
	FFIV	B	0.03%
	OGE	B	0.03%
	STE	B	0.03%
	RHI	D	0.03%
	NXST	D	0.03%
	GL	D	0.03%
	WCC	C	0.03%
	SANM	D	0.03%
	KBH	C	0.03%
	CACI	B	0.03%
	WSO	C	0.03%
	HRL	F	0.03%
	HBI	A	0.03%
	GPK	C	0.03%
	CNH	C	0.03%
	HUBB	B	0.03%
	HUN	C	0.03%
	EQT	C	0.03%
	UFPI	C	0.03%
	BCC	C	0.03%
	OSK	F	0.03%
	BLD	C	0.02%
	EPAM	F	0.02%
	DAN	D	0.02%
	LEG	D	0.02%
	UNFI	B	0.02%
	CBOE	C	0.02%
	OI	D	0.02%
	WLK	C	0.02%
	ICLR	F	0.02%
	CNX	B	0.02%
	AMCR	B	0.02%
	GXO	D	0.02%
	FTI	D	0.02%
	MIDD	C	0.02%
	CZR	C	0.02%
	BECN	F	0.02%
	SM	F	0.02%
	WERN	C	0.02%
	MKSI	F	0.02%
	XRAY	D	0.02%
	CHK	C	0.02%
	FLO	C	0.02%
	ANSS	D	0.02%
	CC	D	0.02%
	SQ	D	0.02%
	DAR	F	0.02%
	PRGO	F	0.02%
	REZI	D	0.02%
	TKR	C	0.02%
	FSLR	C	0.02%
	KBR	D	0.02%
	CAR	D	0.02%
	CYH	C	0.02%
	HUBG	C	0.02%
	ACI	F	0.02%
	TGNA	C	0.02%
	TTC	F	0.02%
	CRI	D	0.02%
	GNRC	D	0.02%
	PENN	D	0.02%
	AL	C	0.02%
	ALLE	B	0.02%
	JWN	C	0.02%
	FCNCA	D	0.02%
	ALB	D	0.02%
	POR	B	0.02%
	MUR	F	0.02%
	GGG	C	0.02%
	TPX	B	0.02%
	ASGN	D	0.02%
	UHAL	B	0.02%
	NFG	B	0.02%
	RUSHA	C	0.02%
	ASO	D	0.02%
	PAG	D	0.02%
	NAVI	D	0.02%
	GLPI	C	0.02%
	POOL	C	0.02%
	XRX	D	0.02%
	HRB	C	0.02%
	BTU	C	0.02%
	DCI	C	0.02%
	ST	D	0.02%
	WPC	C	0.02%
	DAL	C	0.02%
	QRTEA	F	0.02%
	SBAC	C	0.02%
	AR	C	0.02%
	NOV	F	0.02%
	LUV	C	0.02%
	STWD	B	0.02%
	POST	B	0.02%
	TFX	B	0.02%
	ATR	B	0.02%
	BJ	D	0.02%
	AXTA	B	0.02%
	JKHY	B	0.02%
	ALGN	D	0.02%
	ABG	D	0.02%
	CPRT	D	0.02%
	CTLT	B	0.02%
	PK	D	0.02%
	PRI	B	0.02%
	SEIC	B	0.02%
	ABM	D	0.02%
	TDY	B	0.02%
	G	C	0.02%
	MPW	C	0.02%
	MDU	B	0.02%
	PII	D	0.02%
	ALV	F	0.02%
	TTWO	D	0.02%
	EXP	B	0.02%
	EHC	B	0.02%
	BBWI	D	0.02%
	BRX	C	0.02%
	LSTR	D	0.02%
	SEE	C	0.02%
	CPRI	D	0.02%
	NSIT	C	0.02%
	THG	C	0.02%
	GDDY	C	0.02%
	SNV	D	0.02%
	ALK	B	0.01%
	CNXC	F	0.01%
	HTZ	F	0.01%
	COHR	C	0.01%
	MATX	B	0.01%
	DELL	C	0.01%
	VSH	F	0.01%
	ANDE	D	0.01%
	DBX	C	0.01%
	CRL	F	0.01%
	VRSN	C	0.01%
	MSM	D	0.01%
	ARCH	D	0.01%
	JAZZ	D	0.01%
	DK	F	0.01%
	WTRG	D	0.01%
	VAC	D	0.01%
	CHE	C	0.01%
	LW	D	0.01%
	AEO	D	0.01%
	MMS	B	0.01%
	TNL	C	0.01%
	ADNT	D	0.01%
	CTRA	F	0.01%
	MTN	D	0.01%
	LILAK	D	0.01%
	SPTN	C	0.01%
	ODP	F	0.01%
	AAL	D	0.0%

FNDX Underweight 11 Positions Relative to ESG

	Symbol	Grade	Weight
	CRWD	D	-0.22%
	SMCI	F	-0.11%
	HUBS	D	-0.11%
	NU	C	-0.08%
	FDS	C	-0.07%
	RPRX	C	-0.06%
	XPO	D	-0.05%
	PSTG	F	-0.03%
	OKTA	F	-0.03%
	SNAP	D	-0.03%
	RNR	B	-0.02%

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Oil & Gas E&P Business Services Specialty Retail Banks - Regional - US Information Technology Services Semiconductors Software - Application Specialty Chemicals Packaged Foods Packaging & Containers Credit Services Diagnostics & Research 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 Telecommunications Real Estate Investment Trust Semiconductor Transport Insurance Products Medicine Beverage

ESG: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Semiconductors Specialty Retail Asset Management Banks - Regional - US Business Services Capital Markets Discount Stores Drug Manufacturers - Major Household & Personal Products Medical Devices Packaged Foods Restaurants Software - Infrastructure Beverages - Soft Drinks Credit Services Data Storage Diagnostics & Research Health Care Plans

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Insurance Electronics Banking Bank Natural Gas Semiconductor Work From Home Investment Bank Medicine Aerospace Mining Pharmaceutical Products Retailing Transport Beverage Cash Management