FNDX vs. GLBL ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Pacer MSCI World Industry Advantage ETF (GLBL)

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

$25.10

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	GLBL
30 Days	3.67%	3.25%
60 Days	4.58%	4.07%
90 Days	6.53%
12 Months	29.67%

221 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in GLBL	Overlap
AAPL	C	4.35%	4.78%	4.35%
ABT	B	0.34%	0.63%	0.34%
ACI	C	0.03%	0.02%	0.02%
ACN	C	0.36%	0.68%	0.36%
ADBE	C	0.2%	0.71%	0.2%
ADI	D	0.13%	0.35%	0.13%
ADSK	A	0.03%	0.22%	0.03%
AGCO	D	0.03%	0.02%	0.02%
AKAM	D	0.03%	0.04%	0.03%
ALGN	D	0.02%	0.05%	0.02%
ALLY	C	0.1%	0.03%	0.03%
AMAT	F	0.24%	0.44%	0.24%
AMD	F	0.09%	0.69%	0.09%
AMP	A	0.15%	0.2%	0.15%
AMT	D	0.11%	0.29%	0.11%
AMZN	C	1.56%	5.39%	1.56%
ANET	C	0.04%	0.32%	0.04%
ANSS	B	0.02%	0.08%	0.02%
APH	A	0.09%	0.27%	0.09%
APO	B	0.03%	0.19%	0.03%
ARE	D	0.03%	0.05%	0.03%
AVB	B	0.05%	0.11%	0.05%
AVGO	D	0.61%	2.28%	0.61%
AXP	A	0.36%	0.55%	0.36%
BAX	D	0.07%	0.05%	0.05%
BBWI	D	0.03%	0.02%	0.02%
BBY	D	0.16%	0.06%	0.06%
BDX	F	0.11%	0.21%	0.11%
BEN	C	0.04%	0.02%	0.02%
BK	A	0.26%	0.18%	0.18%
BLK	C	0.28%	0.49%	0.28%
BRK.A	B	2.17%	2.0%	2.0%
BSX	B	0.09%	0.41%	0.09%
BURL	A	0.03%	0.06%	0.03%
BX	A	0.13%	0.4%	0.13%
BXP	D	0.05%	0.04%	0.04%
CAH	B	0.07%	0.09%	0.07%
CBOE	B	0.01%	0.05%	0.01%
CCI	D	0.09%	0.15%	0.09%
CCL	B	0.06%	0.08%	0.06%
CDNS	B	0.03%	0.29%	0.03%
CDW	F	0.04%	0.08%	0.04%
CG	A	0.03%	0.04%	0.03%
CHTR	C	0.35%	0.09%	0.09%
CI	F	0.48%	0.31%	0.31%
CMCSA	B	0.83%	0.53%	0.53%
CME	A	0.08%	0.27%	0.08%
CMG	B	0.04%	0.25%	0.04%
CNC	D	0.19%	0.1%	0.1%
COF	B	0.48%	0.21%	0.21%
COR	B	0.02%	0.12%	0.02%
COST	B	0.66%	1.32%	0.66%
CPAY	A	0.06%	0.09%	0.06%
CPT	B	0.02%	0.03%	0.02%
CRBG	B	0.04%	0.03%	0.03%
CRM	B	0.15%	1.0%	0.15%
CSCO	B	0.82%	0.72%	0.72%
CTSH	B	0.19%	0.13%	0.13%
CVS	D	0.68%	0.23%	0.23%
DELL	C	0.03%	0.13%	0.03%
DFS	B	0.26%	0.12%	0.12%
DG	F	0.08%	0.05%	0.05%
DGX	A	0.07%	0.04%	0.04%
DIS	B	0.45%	0.65%	0.45%
DKS	C	0.04%	0.05%	0.04%
DLR	B	0.08%	0.18%	0.08%
DLTR	F	0.05%	0.04%	0.04%
DOC	D	0.03%	0.05%	0.03%
DPZ	C	0.03%	0.05%	0.03%
DRI	B	0.05%	0.08%	0.05%
DVA	B	0.06%	0.04%	0.04%
EA	A	0.09%	0.12%	0.09%
EBAY	D	0.17%	0.1%	0.1%
ELV	F	0.36%	0.28%	0.28%
EPAM	C	0.02%	0.06%	0.02%
EQH	B	0.05%	0.04%	0.04%
EQIX	A	0.08%	0.22%	0.08%
EQR	B	0.05%	0.09%	0.05%
ESS	B	0.03%	0.07%	0.03%
EW	C	0.04%	0.13%	0.04%
EXPE	B	0.04%	0.08%	0.04%
EXR	D	0.03%	0.12%	0.03%
FFIV	B	0.03%	0.06%	0.03%
FI	A	0.13%	0.41%	0.13%
FIS	C	0.12%	0.14%	0.12%
FOXA	B	0.1%	0.03%	0.03%
FSLR	F	0.01%	0.04%	0.01%
FTNT	C	0.03%	0.2%	0.03%
GDDY	A	0.03%	0.09%	0.03%
GEHC	F	0.09%	0.12%	0.09%
GEN	B	0.04%	0.05%	0.04%
GLPI	C	0.02%	0.05%	0.02%
GLW	B	0.14%	0.12%	0.12%
GOOG	C	1.14%	2.82%	1.14%
GOOGL	C	1.33%	3.26%	1.33%
GPC	D	0.05%	0.06%	0.05%
GPN	B	0.09%	0.08%	0.08%
GS	A	0.62%	0.55%	0.55%
HCA	F	0.2%	0.24%	0.2%
HD	A	0.8%	1.23%	0.8%
HLT	A	0.06%	0.18%	0.06%
HOLX	D	0.04%	0.06%	0.04%
HPE	B	0.21%	0.09%	0.09%
HPQ	B	0.21%	0.11%	0.11%
HSIC	B	0.04%	0.03%	0.03%
HST	C	0.04%	0.04%	0.04%
HUM	C	0.19%	0.14%	0.14%
IBM	C	0.54%	0.61%	0.54%
ICE	C	0.11%	0.3%	0.11%
IDXX	F	0.02%	0.1%	0.02%
INTC	D	0.89%	0.32%	0.32%
INTU	C	0.11%	0.54%	0.11%
INVH	D	0.03%	0.06%	0.03%
IPG	D	0.04%	0.03%	0.03%
IRM	D	0.06%	0.11%	0.06%
ISRG	A	0.09%	0.58%	0.09%
IT	C	0.03%	0.12%	0.03%
JBL	B	0.06%	0.03%	0.03%
JKHY	D	0.02%	0.04%	0.02%
JNPR	F	0.05%	0.03%	0.03%
KEYS	A	0.04%	0.08%	0.04%
KIM	A	0.03%	0.05%	0.03%
KKR	A	0.12%	0.29%	0.12%
KLAC	D	0.08%	0.29%	0.08%
KMX	B	0.06%	0.04%	0.04%
KR	B	0.3%	0.12%	0.12%
LH	C	0.09%	0.06%	0.06%
LKQ	D	0.05%	0.04%	0.04%
LOW	D	0.43%	0.5%	0.43%
LPLA	A	0.04%	0.08%	0.04%
LRCX	F	0.15%	0.33%	0.15%
LVS	C	0.04%	0.06%	0.04%
MA	C	0.29%	1.34%	0.29%
MAA	B	0.03%	0.07%	0.03%
MAR	B	0.09%	0.2%	0.09%
MCD	D	0.34%	0.69%	0.34%
MCHP	D	0.05%	0.11%	0.05%
MCK	B	0.11%	0.29%	0.11%
MCO	B	0.07%	0.23%	0.07%
MDT	D	0.16%	0.34%	0.16%
META	D	1.79%	3.89%	1.79%
MGM	D	0.06%	0.03%	0.03%
MOH	F	0.05%	0.07%	0.05%
MRVL	B	0.04%	0.23%	0.04%
MS	A	0.46%	0.5%	0.46%
MSCI	C	0.03%	0.14%	0.03%
MSFT	F	2.43%	4.63%	2.43%
MSI	B	0.07%	0.23%	0.07%
MU	D	0.38%	0.35%	0.35%
NDAQ	A	0.03%	0.11%	0.03%
NFLX	A	0.17%	1.26%	0.17%
NOW	A	0.01%	0.73%	0.01%
NTAP	C	0.07%	0.09%	0.07%
NTRS	A	0.08%	0.08%	0.08%
NVDA	C	0.4%	5.43%	0.4%
NWSA	B	0.04%	0.03%	0.03%
NXPI	D	0.05%	0.18%	0.05%
O	D	0.04%	0.16%	0.04%
OMC	C	0.08%	0.07%	0.07%
ON	D	0.04%	0.1%	0.04%
ORCL	B	0.5%	1.0%	0.5%
ORLY	B	0.11%	0.28%	0.11%
PANW	C	0.03%	0.37%	0.03%
PARA	C	0.11%	0.02%	0.02%
PLD	D	0.07%	0.33%	0.07%
POOL	C	0.02%	0.04%	0.02%
PSA	D	0.05%	0.16%	0.05%
PYPL	B	0.22%	0.26%	0.22%
QCOM	F	0.43%	0.55%	0.43%
QRVO	F	0.03%	0.02%	0.02%
REG	B	0.02%	0.04%	0.02%
RJF	A	0.05%	0.12%	0.05%
RMD	C	0.03%	0.11%	0.03%
ROP	B	0.05%	0.2%	0.05%
ROST	C	0.07%	0.13%	0.07%
SBAC	D	0.02%	0.05%	0.02%
SBUX	A	0.28%	0.35%	0.28%
SCHW	B	0.13%	0.38%	0.13%
SEIC	B	0.03%	0.02%	0.02%
SNPS	B	0.03%	0.26%	0.03%
SOLV	C	0.02%	0.03%	0.02%
SPG	B	0.1%	0.17%	0.1%
SPGI	C	0.15%	0.48%	0.15%
SQ	B	0.03%	0.15%	0.03%
STE	F	0.03%	0.05%	0.03%
STT	A	0.1%	0.09%	0.09%
STX	D	0.09%	0.07%	0.07%
SUI	D	0.02%	0.06%	0.02%
SWKS	F	0.04%	0.04%	0.04%
SYF	B	0.34%	0.08%	0.08%
SYK	C	0.13%	0.41%	0.13%
SYY	B	0.1%	0.12%	0.1%
TDY	B	0.03%	0.06%	0.03%
TER	D	0.04%	0.05%	0.04%
TFX	F	0.02%	0.04%	0.02%
TGT	F	0.38%	0.17%	0.17%
TJX	A	0.22%	0.43%	0.22%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.13%	0.08%	0.08%
TSCO	D	0.06%	0.06%	0.06%
TTWO	A	0.03%	0.09%	0.03%
TXN	C	0.34%	0.56%	0.34%
UDR	B	0.02%	0.04%	0.02%
UHS	D	0.08%	0.05%	0.05%
ULTA	F	0.03%	0.08%	0.03%
UNH	C	1.22%	1.71%	1.22%
V	A	0.36%	1.53%	0.36%
VICI	C	0.02%	0.11%	0.02%
VRSN	F	0.01%	0.04%	0.01%
VTR	C	0.08%	0.08%	0.08%
WBA	F	0.17%	0.02%	0.02%
WBD	C	0.08%	0.07%	0.07%
WDC	D	0.12%	0.06%	0.06%
WELL	A	0.1%	0.26%	0.1%
WMT	A	1.47%	1.22%	1.22%
WPC	D	0.02%	0.04%	0.02%
WSM	B	0.04%	0.08%	0.04%
WY	D	0.09%	0.07%	0.07%
YUM	B	0.08%	0.13%	0.08%
ZBH	C	0.05%	0.08%	0.05%
ZBRA	B	0.04%	0.09%	0.04%

FNDX Overweight 500 Positions Relative to GLBL

Symbol	Grade	Weight
JPM	A	2.03%
XOM	B	1.99%
WFC	A	1.35%
BAC	A	1.3%
T	A	1.27%
CVX	A	1.25%
VZ	C	1.13%
C	A	1.1%
JNJ	D	0.89%
GM	B	0.79%
PG	A	0.77%
PFE	D	0.68%
LUMN	C	0.65%
ABBV	D	0.49%
PM	B	0.48%
COP	C	0.48%
BMY	B	0.45%
MRK	F	0.42%
CAT	B	0.41%
PEP	F	0.41%
MPC	D	0.4%
VLO	C	0.39%
AMGN	D	0.39%
LMT	D	0.37%
HON	B	0.37%
MO	A	0.37%
GILD	C	0.37%
PSX	C	0.36%
KO	D	0.35%
MMM	D	0.35%
UNP	C	0.35%
RTX	C	0.34%
F	C	0.33%
LIN	D	0.33%
FDX	B	0.32%
USB	A	0.32%
TRV	B	0.31%
DUK	C	0.3%
PNC	B	0.3%
TSLA	B	0.28%
AIG	B	0.28%
UPS	C	0.28%
ALL	A	0.27%
MET	A	0.26%
SO	D	0.26%
CB	C	0.26%
TMO	F	0.25%
TMUS	B	0.25%
NEE	D	0.24%
BKNG	A	0.24%
KMI	A	0.23%
TFC	A	0.23%
ETN	A	0.23%
DE	A	0.23%
PGR	A	0.23%
EOG	A	0.23%
CSX	B	0.22%
PRU	A	0.22%
ADM	D	0.21%
AFL	B	0.21%
NSC	B	0.21%
GD	F	0.21%
MDLZ	F	0.2%
NOC	D	0.2%
TSN	B	0.2%
LLY	F	0.2%
NKE	D	0.19%
CMI	A	0.19%
NUE	C	0.19%
DOW	F	0.18%
EXC	C	0.17%
WMB	A	0.17%
IP	B	0.17%
EMR	A	0.17%
D	C	0.17%
DD	D	0.17%
AEP	D	0.16%
VST	B	0.16%
DHI	D	0.16%
BKR	B	0.16%
LHX	C	0.16%
LEN	D	0.16%
JCI	C	0.16%
DHR	F	0.15%
ADP	B	0.15%
ITW	B	0.15%
PCAR	B	0.15%
WM	A	0.15%
GE	D	0.15%
LYB	F	0.14%
FCX	D	0.14%
MMC	B	0.14%
OKE	A	0.14%
HIG	B	0.14%
CL	D	0.13%
APD	A	0.13%
PH	A	0.13%
FITB	A	0.13%
AON	A	0.13%
SRE	A	0.13%
NEM	D	0.13%
CBRE	B	0.13%
URI	B	0.13%
ED	D	0.12%
ETR	B	0.12%
SLB	C	0.12%
CARR	D	0.12%
XEL	A	0.12%
MTB	A	0.11%
PEG	A	0.11%
OXY	D	0.11%
PPL	B	0.11%
BA	F	0.11%
PHM	D	0.11%
STLD	B	0.11%
GIS	D	0.11%
EIX	B	0.1%
KMB	D	0.1%
VTRS	A	0.1%
REGN	F	0.1%
CEG	D	0.1%
KEY	B	0.1%
BG	F	0.1%
NRG	B	0.1%
CFG	B	0.1%
RF	A	0.09%
MRO	B	0.09%
SW	A	0.09%
FE	C	0.09%
DVN	F	0.09%
RS	B	0.09%
BIIB	F	0.09%
CTVA	C	0.09%
PFG	D	0.09%
KHC	F	0.09%
ARW	D	0.08%
EMN	D	0.08%
HBAN	A	0.08%
NVR	D	0.08%
USFD	A	0.08%
CHRW	C	0.08%
WHR	B	0.08%
ES	D	0.08%
GWW	B	0.08%
PPG	F	0.08%
WEC	A	0.08%
WKC	D	0.08%
CTAS	B	0.08%
ECL	D	0.08%
JLL	D	0.08%
SHW	A	0.08%
K	A	0.07%
IQV	D	0.07%
OC	A	0.07%
VFC	C	0.07%
HWM	A	0.07%
SWK	D	0.07%
CMA	A	0.07%
CF	B	0.07%
WTW	B	0.07%
AEE	A	0.07%
TRGP	B	0.07%
THC	D	0.07%
EVRG	A	0.07%
STZ	D	0.07%
PWR	A	0.07%
R	B	0.07%
KDP	D	0.07%
CINF	A	0.07%
X	C	0.07%
LAD	A	0.07%
ZTS	D	0.07%
PKG	A	0.07%
AVT	C	0.07%
DTE	C	0.07%
LDOS	C	0.07%
VRTX	F	0.07%
FAST	B	0.07%
SNA	A	0.06%
OVV	B	0.06%
HES	B	0.06%
TOL	B	0.06%
M	D	0.06%
ODFL	B	0.06%
CAG	D	0.06%
JEF	A	0.06%
TXT	D	0.06%
BLDR	D	0.06%
ROK	B	0.06%
BALL	D	0.06%
UNM	A	0.06%
AZO	C	0.06%
CMS	C	0.06%
AA	B	0.06%
ZION	B	0.06%
OMF	A	0.06%
MHK	D	0.06%
LNG	B	0.06%
FLEX	A	0.06%
PFGC	B	0.06%
EME	C	0.06%
CNP	B	0.06%
TT	A	0.06%
HAL	C	0.06%
FNF	B	0.06%
RSG	A	0.06%
PAYX	C	0.06%
WAB	B	0.06%
DOV	A	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	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%
ORI	A	0.05%
JBHT	C	0.05%
MKL	A	0.05%
CSL	C	0.05%
IVZ	B	0.05%
IFF	D	0.05%
L	A	0.05%
AES	F	0.05%
AJG	B	0.05%
AN	C	0.05%
OTIS	C	0.05%
KD	B	0.05%
DXC	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%
DINO	D	0.05%
BWA	D	0.05%
MAS	D	0.05%
J	F	0.05%
TPR	B	0.05%
AME	A	0.05%
SFM	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%
FBIN	D	0.04%
UBER	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
SSNC	B	0.04%
OSK	B	0.04%
AVY	D	0.04%
AMG	B	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
PNR	A	0.04%
FYBR	D	0.04%
RPM	A	0.04%
HSY	F	0.04%
CNO	A	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%
GT	C	0.04%
RGA	A	0.04%
ATO	A	0.04%
RHI	B	0.04%
CHD	B	0.04%
AWK	D	0.04%
LNT	A	0.04%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	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%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
EQT	B	0.04%
MLM	B	0.04%
GEV	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%
AR	B	0.03%
FMC	D	0.03%
SCI	B	0.03%
IEX	B	0.03%
MRNA	F	0.03%
ACGL	D	0.03%
CPRT	A	0.03%
GNTX	C	0.03%
AAP	C	0.03%
TRU	D	0.03%
BTU	B	0.03%
ITT	A	0.03%
RVTY	F	0.03%
KBH	D	0.03%
ILMN	D	0.03%
CW	B	0.03%
TPH	D	0.03%
LII	A	0.03%
G	B	0.03%
FLR	B	0.03%
SNX	C	0.03%
BC	C	0.03%
PCG	A	0.03%
ABG	B	0.03%
SNV	B	0.03%
ALB	C	0.03%
VOYA	B	0.03%
MTD	D	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
CPB	D	0.03%
AIZ	A	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%
FL	F	0.03%
RRX	B	0.03%
RL	B	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%
WU	D	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
GRMN	B	0.03%
HUN	F	0.03%
FHN	A	0.03%
CTRA	B	0.03%
EL	F	0.03%
CMC	B	0.03%
OLN	D	0.03%
DECK	A	0.03%
BAH	F	0.03%
FTV	C	0.03%
CE	F	0.03%
WSO	A	0.03%
IR	B	0.03%
PBF	D	0.03%
MTZ	B	0.03%
WRB	A	0.03%
MKC	D	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
GL	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%
EG	C	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%
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%
ASGN	F	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%
HOG	D	0.02%
APTV	D	0.02%
NOV	C	0.02%
DCI	B	0.02%
FCNCA	A	0.02%
NVT	B	0.02%
AVTR	F	0.02%
AOS	F	0.02%
BECN	B	0.02%
SKX	D	0.02%
CC	C	0.02%
CNH	C	0.02%
LAMR	D	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%
BRO	B	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%
TNL	A	0.01%
PRGO	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
ALLE	D	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 59 Positions Relative to GLBL

Symbol	Grade	Weight
TM	D	-0.56%
MELI	D	-0.46%
UL	D	-0.45%
PLTR	B	-0.4%
TD	F	-0.31%
CRWD	B	-0.25%
COIN	C	-0.23%
APP	B	-0.23%
MSTR	C	-0.22%
ABNB	C	-0.19%
TTD	B	-0.18%
CNI	D	-0.18%
WDAY	B	-0.18%
RCL	A	-0.17%
DASH	A	-0.16%
HUBS	A	-0.16%
TYL	B	-0.14%
DDOG	A	-0.13%
MPWR	F	-0.13%
TEAM	A	-0.12%
SNOW	C	-0.12%
HMC	F	-0.12%
VEEV	C	-0.1%
DXCM	D	-0.09%
PTC	A	-0.09%
NET	B	-0.09%
ARES	A	-0.08%
MDB	C	-0.07%
RBLX	C	-0.07%
PINS	D	-0.06%
DOCU	A	-0.06%
ZM	B	-0.06%
FDS	B	-0.06%
HOOD	B	-0.06%
SMCI	F	-0.06%
DKNG	B	-0.06%
PODD	C	-0.06%
TW	A	-0.06%
MANH	D	-0.06%
LYV	A	-0.06%
TWLO	A	-0.05%
PSTG	D	-0.05%
ENTG	D	-0.05%
ZS	C	-0.05%
DT	C	-0.05%
TOST	B	-0.05%
SNAP	C	-0.04%
AMH	D	-0.04%
H	B	-0.04%
IOT	A	-0.04%
ENPH	F	-0.03%
MKTX	D	-0.03%
ROKU	D	-0.03%
ELS	C	-0.03%
OKTA	C	-0.03%
FOX	A	-0.02%
MTCH	D	-0.02%
WYNN	D	-0.02%
BSY	D	-0.02%