FNDX vs. GSPY ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Gotham Enhanced 500 ETF (GSPY)

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

$24.64

Average Daily Volume

1,178,356

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$32.57

Average Daily Volume

44,221

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	GSPY
30 Days	2.37%	1.59%
60 Days	4.07%	4.33%
90 Days	5.72%	5.92%
12 Months	28.68%	30.49%

468 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in GSPY	Overlap
	A	D	0.05%	0.02%	0.02%
	AAPL	C	4.35%	6.45%	4.35%
	ABBV	F	0.49%	0.2%	0.2%
	ABT	B	0.34%	0.38%	0.34%
	ACGL	C	0.03%	0.02%	0.02%
	ACN	B	0.36%	0.15%	0.15%
	ADBE	C	0.2%	0.15%	0.15%
	ADI	D	0.13%	0.07%	0.07%
	ADM	D	0.21%	0.02%	0.02%
	ADP	A	0.15%	0.12%	0.12%
	ADSK	A	0.03%	0.04%	0.03%
	AEE	A	0.07%	0.02%	0.02%
	AEP	C	0.16%	0.03%	0.03%
	AES	F	0.05%	0.01%	0.01%
	AFL	B	0.21%	0.05%	0.05%
	AIG	B	0.28%	0.03%	0.03%
	AIZ	A	0.03%	0.01%	0.01%
	AJG	A	0.05%	0.04%	0.04%
	AKAM	D	0.03%	0.01%	0.01%
	ALB	B	0.03%	0.01%	0.01%
	ALGN	D	0.02%	0.01%	0.01%
	ALL	A	0.27%	0.03%	0.03%
	ALLE	C	0.01%	0.06%	0.01%
	AMAT	F	0.24%	0.71%	0.24%
	AMCR	C	0.03%	0.01%	0.01%
	AMD	F	0.09%	0.14%	0.09%
	AME	A	0.05%	0.03%	0.03%
	AMGN	F	0.39%	0.1%	0.1%
	AMP	A	0.15%	0.1%	0.1%
	AMT	C	0.11%	0.06%	0.06%
	AMZN	C	1.56%	4.81%	1.56%
	ANET	C	0.04%	0.07%	0.04%
	ANSS	B	0.02%	0.06%	0.02%
	AON	A	0.13%	0.38%	0.13%
	AOS	F	0.02%	0.01%	0.01%
	APA	D	0.03%	0.0%	0.0%
	APD	A	0.13%	0.04%	0.04%
	APH	A	0.09%	0.06%	0.06%
	APTV	F	0.02%	0.06%	0.02%
	ARE	F	0.03%	0.01%	0.01%
	ATO	A	0.04%	0.01%	0.01%
	AVB	B	0.05%	0.02%	0.02%
	AVGO	D	0.61%	1.09%	0.61%
	AVY	F	0.04%	0.07%	0.04%
	AWK	C	0.04%	0.01%	0.01%
	AXP	A	0.36%	0.44%	0.36%
	AZO	C	0.06%	0.03%	0.03%
	BA	F	0.11%	0.06%	0.06%
	BAC	A	1.3%	0.66%	0.66%
	BALL	F	0.06%	0.1%	0.06%
	BAX	F	0.07%	0.01%	0.01%
	BBWI	C	0.03%	0.01%	0.01%
	BBY	D	0.16%	0.1%	0.1%
	BDX	F	0.11%	0.04%	0.04%
	BEN	C	0.04%	0.06%	0.04%
	BG	D	0.1%	0.01%	0.01%
	BIIB	F	0.09%	0.11%	0.09%
	BK	A	0.26%	0.11%	0.11%
	BKNG	A	0.24%	0.77%	0.24%
	BKR	A	0.16%	0.2%	0.16%
	BLDR	D	0.06%	0.12%	0.06%
	BLK	B	0.28%	0.33%	0.28%
	BMY	B	0.45%	0.08%	0.08%
	BR	A	0.03%	0.09%	0.03%
	BRK.A	B	2.17%	1.88%	1.88%
	BRO	B	0.02%	0.11%	0.02%
	BSX	A	0.09%	0.08%	0.08%
	BWA	D	0.05%	0.04%	0.04%
	BX	A	0.13%	0.25%	0.13%
	BXP	C	0.05%	0.01%	0.01%
	C	A	1.1%	0.24%	0.24%
	CAG	F	0.06%	0.01%	0.01%
	CAH	B	0.07%	0.02%	0.02%
	CARR	C	0.12%	0.04%	0.04%
	CAT	B	0.41%	0.99%	0.41%
	CB	C	0.26%	0.17%	0.17%
	CBOE	C	0.01%	0.01%	0.01%
	CBRE	B	0.13%	0.02%	0.02%
	CCI	C	0.09%	0.03%	0.03%
	CCL	A	0.06%	0.02%	0.02%
	CDNS	B	0.03%	0.05%	0.03%
	CDW	F	0.04%	0.01%	0.01%
	CE	F	0.03%	0.04%	0.03%
	CEG	C	0.1%	0.32%	0.1%
	CF	A	0.07%	0.01%	0.01%
	CFG	B	0.1%	0.04%	0.04%
	CHD	A	0.04%	0.02%	0.02%
	CHRW	B	0.08%	0.01%	0.01%
	CHTR	C	0.35%	0.11%	0.11%
	CI	D	0.48%	0.5%	0.48%
	CINF	A	0.07%	0.11%	0.07%
	CL	D	0.13%	0.35%	0.13%
	CLX	A	0.04%	0.01%	0.01%
	CMCSA	B	0.83%	0.31%	0.31%
	CME	B	0.08%	0.09%	0.08%
	CMG	B	0.04%	0.05%	0.04%
	CMI	A	0.19%	0.27%	0.19%
	CMS	C	0.06%	0.01%	0.01%
	CNC	D	0.19%	0.14%	0.14%
	CNP	A	0.06%	0.01%	0.01%
	COF	C	0.48%	0.13%	0.13%
	COP	C	0.48%	0.09%	0.09%
	COR	B	0.02%	0.22%	0.02%
	COST	A	0.66%	0.26%	0.26%
	CPAY	A	0.06%	0.14%	0.06%
	CPB	D	0.03%	0.01%	0.01%
	CPRT	B	0.03%	0.04%	0.03%
	CPT	B	0.02%	0.01%	0.01%
	CRL	D	0.01%	0.0%	0.0%
	CRM	B	0.15%	0.21%	0.15%
	CSCO	B	0.82%	0.7%	0.7%
	CSX	C	0.22%	0.32%	0.22%
	CTAS	B	0.08%	0.05%	0.05%
	CTLT	C	0.02%	0.01%	0.01%
	CTRA	B	0.03%	0.01%	0.01%
	CTSH	B	0.19%	0.08%	0.08%
	CTVA	C	0.09%	0.03%	0.03%
	CVS	D	0.68%	0.32%	0.32%
	CVX	A	1.25%	0.66%	0.66%
	CZR	F	0.02%	0.04%	0.02%
	D	C	0.17%	0.22%	0.17%
	DAL	B	0.03%	0.22%	0.03%
	DD	C	0.17%	0.16%	0.16%
	DE	B	0.23%	0.07%	0.07%
	DECK	A	0.03%	0.02%	0.02%
	DELL	B	0.03%	0.44%	0.03%
	DFS	B	0.26%	0.08%	0.08%
	DG	F	0.08%	0.08%	0.08%
	DGX	A	0.07%	0.01%	0.01%
	DHI	F	0.16%	0.03%	0.03%
	DHR	F	0.15%	0.33%	0.15%
	DIS	B	0.45%	0.61%	0.45%
	DLR	B	0.08%	0.03%	0.03%
	DLTR	F	0.05%	0.01%	0.01%
	DOC	C	0.03%	0.01%	0.01%
	DOV	A	0.06%	0.15%	0.06%
	DOW	F	0.18%	0.02%	0.02%
	DPZ	C	0.03%	0.01%	0.01%
	DRI	B	0.05%	0.01%	0.01%
	DTE	C	0.07%	0.02%	0.02%
	DUK	C	0.3%	0.06%	0.06%
	DVA	C	0.06%	0.06%	0.06%
	DVN	F	0.09%	0.02%	0.02%
	EA	A	0.09%	0.08%	0.08%
	EBAY	D	0.17%	0.17%	0.17%
	ECL	D	0.08%	0.04%	0.04%
	ED	C	0.12%	0.02%	0.02%
	EFX	F	0.03%	0.02%	0.02%
	EG	C	0.02%	0.01%	0.01%
	EIX	B	0.1%	0.02%	0.02%
	EL	F	0.03%	0.01%	0.01%
	ELV	F	0.36%	0.44%	0.36%
	EMN	C	0.08%	0.06%	0.06%
	EMR	B	0.17%	0.35%	0.17%
	EOG	A	0.23%	0.05%	0.05%
	EPAM	B	0.02%	0.01%	0.01%
	EQIX	A	0.08%	0.05%	0.05%
	EQR	C	0.05%	0.02%	0.02%
	EQT	B	0.04%	0.01%	0.01%
	ES	C	0.08%	0.01%	0.01%
	ESS	B	0.03%	0.01%	0.01%
	ETN	A	0.23%	0.09%	0.09%
	ETR	B	0.12%	0.02%	0.02%
	EVRG	A	0.07%	0.01%	0.01%
	EW	C	0.04%	0.03%	0.03%
	EXC	C	0.17%	0.02%	0.02%
	EXPD	C	0.04%	0.01%	0.01%
	EXPE	B	0.04%	0.11%	0.04%
	EXR	C	0.03%	0.02%	0.02%
	F	C	0.33%	0.03%	0.03%
	FANG	C	0.05%	0.03%	0.03%
	FAST	B	0.07%	0.03%	0.03%
	FCX	F	0.14%	0.04%	0.04%
	FDX	B	0.32%	0.33%	0.32%
	FE	C	0.09%	0.02%	0.02%
	FFIV	B	0.03%	0.08%	0.03%
	FI	A	0.13%	0.67%	0.13%
	FIS	C	0.12%	0.03%	0.03%
	FITB	B	0.13%	0.06%	0.06%
	FMC	D	0.03%	0.03%	0.03%
	FOXA	A	0.1%	0.1%	0.1%
	FSLR	F	0.01%	0.01%	0.01%
	FTNT	C	0.03%	0.04%	0.03%
	FTV	C	0.03%	0.02%	0.02%
	GD	D	0.21%	0.38%	0.21%
	GDDY	A	0.03%	0.02%	0.02%
	GE	D	0.15%	1.01%	0.15%
	GEHC	D	0.09%	0.02%	0.02%
	GEN	B	0.04%	0.1%	0.04%
	GEV	B	0.04%	0.06%	0.04%
	GILD	C	0.37%	0.61%	0.37%
	GIS	D	0.11%	0.02%	0.02%
	GL	C	0.03%	0.01%	0.01%
	GLW	B	0.14%	0.02%	0.02%
	GM	C	0.79%	0.32%	0.32%
	GNRC	C	0.02%	0.01%	0.01%
	GOOGL	C	1.33%	4.43%	1.33%
	GPC	D	0.05%	0.01%	0.01%
	GPN	B	0.09%	0.02%	0.02%
	GRMN	B	0.03%	0.22%	0.03%
	GS	A	0.62%	0.41%	0.41%
	GWW	B	0.08%	0.07%	0.07%
	HAL	C	0.06%	0.12%	0.06%
	HAS	D	0.03%	0.01%	0.01%
	HBAN	A	0.08%	0.02%	0.02%
	HCA	F	0.2%	0.42%	0.2%
	HD	B	0.8%	0.71%	0.71%
	HES	B	0.06%	0.03%	0.03%
	HIG	B	0.14%	0.13%	0.13%
	HII	F	0.03%	0.0%	0.0%
	HLT	A	0.06%	0.04%	0.04%
	HOLX	D	0.04%	0.08%	0.04%
	HON	C	0.37%	0.55%	0.37%
	HPE	B	0.21%	0.13%	0.13%
	HPQ	B	0.21%	0.2%	0.2%
	HRL	D	0.03%	0.01%	0.01%
	HSIC	C	0.04%	0.0%	0.0%
	HST	C	0.04%	0.01%	0.01%
	HSY	F	0.04%	0.02%	0.02%
	HUBB	B	0.03%	0.01%	0.01%
	HUM	C	0.19%	0.16%	0.16%
	HWM	A	0.07%	0.03%	0.03%
	IBM	C	0.54%	0.12%	0.12%
	ICE	C	0.11%	0.39%	0.11%
	IDXX	F	0.02%	0.02%	0.02%
	IEX	C	0.03%	0.01%	0.01%
	IFF	D	0.05%	0.01%	0.01%
	INTC	C	0.89%	0.07%	0.07%
	INTU	B	0.11%	0.12%	0.11%
	INVH	D	0.03%	0.01%	0.01%
	IP	A	0.17%	0.09%	0.09%
	IPG	D	0.04%	0.05%	0.04%
	IQV	F	0.07%	0.02%	0.02%
	IR	B	0.03%	0.03%	0.03%
	IRM	C	0.06%	0.02%	0.02%
	ISRG	A	0.09%	0.11%	0.09%
	IT	C	0.03%	0.02%	0.02%
	ITW	B	0.15%	0.35%	0.15%
	IVZ	B	0.05%	0.01%	0.01%
	J	D	0.05%	0.08%	0.05%
	JBHT	C	0.05%	0.01%	0.01%
	JBL	C	0.06%	0.08%	0.06%
	JCI	B	0.16%	0.27%	0.16%
	JKHY	D	0.02%	0.01%	0.01%
	JNJ	C	0.89%	1.06%	0.89%
	JNPR	D	0.05%	0.01%	0.01%
	JPM	A	2.03%	1.44%	1.44%
	K	A	0.07%	0.03%	0.03%
	KDP	F	0.07%	0.21%	0.07%
	KEY	B	0.1%	0.03%	0.03%
	KEYS	A	0.04%	0.01%	0.01%
	KHC	F	0.09%	0.21%	0.09%
	KIM	A	0.03%	0.01%	0.01%
	KKR	A	0.12%	0.28%	0.12%
	KLAC	F	0.08%	0.4%	0.08%
	KMB	C	0.1%	0.25%	0.1%
	KMI	A	0.23%	0.04%	0.04%
	KMX	B	0.06%	0.04%	0.04%
	KO	D	0.35%	0.35%	0.35%
	KR	B	0.3%	0.22%	0.22%
	KVUE	A	0.05%	0.03%	0.03%
	L	A	0.05%	0.08%	0.05%
	LDOS	C	0.07%	0.13%	0.07%
	LEN	D	0.16%	0.09%	0.09%
	LH	B	0.09%	0.01%	0.01%
	LHX	C	0.16%	0.19%	0.16%
	LIN	C	0.33%	0.14%	0.14%
	LKQ	F	0.05%	0.05%	0.05%
	LLY	F	0.2%	0.45%	0.2%
	LMT	D	0.37%	0.46%	0.37%
	LNT	A	0.04%	0.01%	0.01%
	LOW	C	0.43%	0.81%	0.43%
	LRCX	F	0.15%	0.46%	0.15%
	LULU	C	0.01%	0.22%	0.01%
	LUV	C	0.02%	0.01%	0.01%
	LVS	B	0.04%	0.16%	0.04%
	LW	C	0.02%	0.01%	0.01%
	LYB	F	0.14%	0.13%	0.13%
	MA	B	0.29%	0.88%	0.29%
	MAA	B	0.03%	0.01%	0.01%
	MAR	A	0.09%	0.32%	0.09%
	MAS	D	0.05%	0.08%	0.05%
	MCD	D	0.34%	0.14%	0.14%
	MCHP	F	0.05%	0.02%	0.02%
	MCK	A	0.11%	0.05%	0.05%
	MCO	B	0.07%	0.05%	0.05%
	MDLZ	F	0.2%	0.36%	0.2%
	MDT	D	0.16%	0.07%	0.07%
	MET	A	0.26%	0.19%	0.19%
	META	D	1.79%	3.27%	1.79%
	MGM	D	0.06%	0.01%	0.01%
	MHK	D	0.06%	0.04%	0.04%
	MKC	C	0.03%	0.01%	0.01%
	MLM	C	0.04%	0.02%	0.02%
	MMC	B	0.14%	0.51%	0.14%
	MMM	D	0.35%	0.38%	0.35%
	MNST	C	0.05%	0.04%	0.04%
	MO	A	0.37%	0.53%	0.37%
	MOH	F	0.05%	0.08%	0.05%
	MOS	F	0.06%	0.01%	0.01%
	MPC	D	0.4%	0.03%	0.03%
	MRK	D	0.42%	1.11%	0.42%
	MRNA	F	0.03%	0.01%	0.01%
	MRO	B	0.09%	0.02%	0.02%
	MS	A	0.46%	0.4%	0.4%
	MSCI	C	0.03%	0.03%	0.03%
	MSFT	D	2.43%	7.1%	2.43%
	MSI	B	0.07%	0.05%	0.05%
	MTB	A	0.11%	0.06%	0.06%
	MTD	F	0.03%	0.01%	0.01%
	MU	D	0.38%	0.21%	0.21%
	NDAQ	A	0.03%	0.14%	0.03%
	NDSN	B	0.02%	0.01%	0.01%
	NEE	C	0.24%	0.1%	0.1%
	NEM	D	0.13%	0.03%	0.03%
	NFLX	A	0.17%	0.23%	0.17%
	NI	A	0.05%	0.01%	0.01%
	NKE	F	0.19%	0.33%	0.19%
	NOC	D	0.2%	0.14%	0.14%
	NOW	A	0.01%	0.12%	0.01%
	NRG	B	0.1%	0.11%	0.1%
	NSC	B	0.21%	0.04%	0.04%
	NTAP	C	0.07%	0.13%	0.07%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.19%	0.02%	0.02%
	NVDA	B	0.4%	6.42%	0.4%
	NVR	D	0.08%	0.02%	0.02%
	NWSA	A	0.04%	0.01%	0.01%
	NXPI	D	0.05%	0.04%	0.04%
	O	C	0.04%	0.03%	0.03%
	ODFL	C	0.06%	0.03%	0.03%
	OKE	A	0.14%	0.11%	0.11%
	OMC	C	0.08%	0.11%	0.08%
	ON	D	0.04%	0.02%	0.02%
	ORCL	A	0.5%	0.33%	0.33%
	ORLY	B	0.11%	0.04%	0.04%
	OTIS	C	0.05%	0.19%	0.05%
	OXY	D	0.11%	0.03%	0.03%
	PANW	B	0.03%	0.08%	0.03%
	PARA	C	0.11%	0.0%	0.0%
	PAYX	B	0.06%	0.03%	0.03%
	PCAR	B	0.15%	0.04%	0.04%
	PCG	A	0.03%	0.08%	0.03%
	PEG	A	0.11%	0.03%	0.03%
	PEP	F	0.41%	0.3%	0.3%
	PFE	F	0.68%	0.1%	0.1%
	PFG	D	0.09%	0.01%	0.01%
	PG	C	0.77%	0.43%	0.43%
	PGR	A	0.23%	0.1%	0.1%
	PH	A	0.13%	0.06%	0.06%
	PHM	D	0.11%	0.02%	0.02%
	PKG	A	0.07%	0.01%	0.01%
	PLD	F	0.07%	0.07%	0.07%
	PM	B	0.48%	1.04%	0.48%
	PNC	B	0.3%	0.15%	0.15%
	PNR	A	0.04%	0.08%	0.04%
	PNW	A	0.04%	0.0%	0.0%
	POOL	C	0.02%	0.01%	0.01%
	PPG	F	0.08%	0.13%	0.08%
	PPL	A	0.11%	0.02%	0.02%
	PRU	A	0.22%	0.21%	0.21%
	PSA	C	0.05%	0.03%	0.03%
	PSX	C	0.36%	0.04%	0.04%
	PWR	A	0.07%	0.03%	0.03%
	PYPL	B	0.22%	0.4%	0.22%
	QCOM	F	0.43%	0.97%	0.43%
	QRVO	F	0.03%	0.03%	0.03%
	REG	A	0.02%	0.01%	0.01%
	REGN	F	0.1%	0.05%	0.05%
	RF	A	0.09%	0.02%	0.02%
	RJF	A	0.05%	0.03%	0.03%
	RL	C	0.03%	0.07%	0.03%
	RMD	C	0.03%	0.02%	0.02%
	ROK	C	0.06%	0.02%	0.02%
	ROP	B	0.05%	0.11%	0.05%
	ROST	D	0.07%	0.25%	0.07%
	RSG	A	0.06%	0.04%	0.04%
	RTX	D	0.34%	0.1%	0.1%
	RVTY	F	0.03%	0.01%	0.01%
	SBAC	D	0.02%	0.01%	0.01%
	SBUX	A	0.28%	0.07%	0.07%
	SCHW	B	0.13%	0.23%	0.13%
	SHW	B	0.08%	0.06%	0.06%
	SJM	D	0.05%	0.01%	0.01%
	SLB	C	0.12%	0.29%	0.12%
	SNA	A	0.06%	0.1%	0.06%
	SNPS	B	0.03%	0.05%	0.03%
	SO	C	0.26%	0.06%	0.06%
	SOLV	D	0.02%	0.05%	0.02%
	SPG	A	0.1%	0.04%	0.04%
	SPGI	C	0.15%	0.1%	0.1%
	SRE	A	0.13%	0.04%	0.04%
	STE	D	0.03%	0.01%	0.01%
	STLD	B	0.11%	0.01%	0.01%
	STT	B	0.1%	0.05%	0.05%
	STX	C	0.09%	0.01%	0.01%
	STZ	D	0.07%	0.21%	0.07%
	SW	A	0.09%	0.05%	0.05%
	SWK	D	0.07%	0.06%	0.06%
	SWKS	F	0.04%	0.01%	0.01%
	SYF	B	0.34%	0.05%	0.05%
	SYK	B	0.13%	0.09%	0.09%
	SYY	D	0.1%	0.17%	0.1%
	T	A	1.27%	0.47%	0.47%
	TAP	C	0.05%	0.07%	0.05%
	TDG	D	0.06%	0.04%	0.04%
	TDY	B	0.03%	0.01%	0.01%
	TER	F	0.04%	0.01%	0.01%
	TFC	A	0.23%	0.12%	0.12%
	TFX	F	0.02%	0.0%	0.0%
	TGT	F	0.38%	0.33%	0.33%
	TJX	A	0.22%	0.23%	0.22%
	TMO	F	0.25%	0.13%	0.13%
	TMUS	B	0.25%	1.28%	0.25%
	TPR	B	0.05%	0.07%	0.05%
	TRGP	A	0.07%	0.03%	0.03%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	B	0.13%	0.06%	0.06%
	TRV	B	0.31%	0.25%	0.25%
	TSCO	D	0.06%	0.02%	0.02%
	TSLA	B	0.28%	1.02%	0.28%
	TSN	B	0.2%	0.11%	0.11%
	TT	A	0.06%	0.43%	0.06%
	TTWO	A	0.03%	0.06%	0.03%
	TXN	C	0.34%	0.12%	0.12%
	TXT	D	0.06%	0.01%	0.01%
	UBER	F	0.04%	0.09%	0.04%
	UDR	B	0.02%	0.01%	0.01%
	UHS	D	0.08%	0.07%	0.07%
	ULTA	F	0.03%	0.01%	0.01%
	UNH	B	1.22%	0.61%	0.61%
	UNP	C	0.35%	0.32%	0.32%
	UPS	C	0.28%	0.07%	0.07%
	URI	C	0.13%	0.09%	0.09%
	USB	A	0.32%	0.15%	0.15%
	V	A	0.36%	1.48%	0.36%
	VICI	C	0.02%	0.02%	0.02%
	VLO	C	0.39%	0.21%	0.21%
	VMC	B	0.05%	0.02%	0.02%
	VRSK	A	0.04%	0.02%	0.02%
	VRSN	C	0.01%	0.1%	0.01%
	VRTX	D	0.07%	0.08%	0.07%
	VST	A	0.16%	0.03%	0.03%
	VTR	B	0.08%	0.02%	0.02%
	VTRS	A	0.1%	0.07%	0.07%
	VZ	C	1.13%	0.65%	0.65%
	WAB	B	0.06%	0.18%	0.06%
	WAT	C	0.04%	0.01%	0.01%
	WBA	F	0.17%	0.04%	0.04%
	WBD	B	0.08%	0.02%	0.02%
	WDC	D	0.12%	0.03%	0.03%
	WEC	A	0.08%	0.02%	0.02%
	WELL	A	0.1%	0.05%	0.05%
	WFC	A	1.35%	0.46%	0.46%
	WM	B	0.15%	0.06%	0.06%
	WMB	A	0.17%	0.04%	0.04%
	WMT	A	1.47%	0.44%	0.44%
	WRB	A	0.03%	0.01%	0.01%
	WST	C	0.02%	0.01%	0.01%
	WTW	B	0.07%	0.02%	0.02%
	WY	F	0.09%	0.01%	0.01%
	XEL	A	0.12%	0.03%	0.03%
	XOM	B	1.99%	0.89%	0.89%
	XYL	D	0.03%	0.02%	0.02%
	YUM	D	0.08%	0.18%	0.08%
	ZBH	C	0.05%	0.01%	0.01%
	ZBRA	B	0.04%	0.09%	0.04%
	ZTS	D	0.07%	0.05%	0.05%

FNDX Overweight 253 Positions Relative to GSPY

	Symbol	Grade	Weight
	GOOG	C	1.14%
	LUMN	C	0.65%
	ALLY	C	0.1%
	RS	B	0.09%
	ARW	D	0.08%
	USFD	A	0.08%
	WHR	B	0.08%
	WKC	C	0.08%
	JLL	D	0.08%
	OC	A	0.07%
	VFC	C	0.07%
	CMA	B	0.07%
	THC	D	0.07%
	R	B	0.07%
	X	B	0.07%
	LAD	A	0.07%
	AVT	C	0.07%
	OVV	B	0.06%
	TOL	B	0.06%
	M	F	0.06%
	JEF	A	0.06%
	UNM	A	0.06%
	AA	A	0.06%
	ZION	B	0.06%
	OMF	A	0.06%
	LNG	A	0.06%
	FLEX	B	0.06%
	PFGC	B	0.06%
	EME	A	0.06%
	FNF	B	0.06%
	KSS	F	0.06%
	ACM	B	0.05%
	VNO	C	0.05%
	AFG	A	0.05%
	INGR	C	0.05%
	ORI	A	0.05%
	MKL	A	0.05%
	CSL	C	0.05%
	AN	C	0.05%
	KD	B	0.05%
	DXC	B	0.05%
	ALSN	B	0.05%
	LEA	F	0.05%
	EQH	C	0.05%
	TDS	B	0.05%
	GPI	B	0.05%
	CASY	A	0.05%
	DINO	D	0.05%
	SFM	A	0.05%
	BFH	C	0.05%
	LNC	C	0.05%
	FBIN	D	0.04%
	LPX	B	0.04%
	BCC	B	0.04%
	GAP	C	0.04%
	SSNC	B	0.04%
	OSK	C	0.04%
	AMG	B	0.04%
	ZIM	C	0.04%
	UFPI	C	0.04%
	FYBR	C	0.04%
	RPM	A	0.04%
	CNO	B	0.04%
	DOX	D	0.04%
	CRBG	B	0.04%
	SLM	A	0.04%
	TMHC	C	0.04%
	CCK	D	0.04%
	DKS	D	0.04%
	GT	C	0.04%
	RGA	A	0.04%
	RHI	C	0.04%
	FAF	A	0.04%
	MUSA	B	0.04%
	BERY	C	0.04%
	LPLA	A	0.04%
	PVH	C	0.04%
	AYI	B	0.04%
	WCC	B	0.04%
	THO	B	0.04%
	KNX	C	0.04%
	WSM	C	0.04%
	EVR	B	0.04%
	OGN	F	0.04%
	JXN	C	0.04%
	MAN	F	0.04%
	MRVL	B	0.04%
	UGI	C	0.04%
	EXP	B	0.03%
	SEE	C	0.03%
	THG	A	0.03%
	LSTR	D	0.03%
	PRI	B	0.03%
	AR	B	0.03%
	SCI	B	0.03%
	ACI	C	0.03%
	GNTX	C	0.03%
	AAP	D	0.03%
	TRU	D	0.03%
	BTU	B	0.03%
	SQ	A	0.03%
	ITT	A	0.03%
	KBH	D	0.03%
	BURL	B	0.03%
	ILMN	C	0.03%
	CW	C	0.03%
	TPH	D	0.03%
	LII	A	0.03%
	G	B	0.03%
	FLR	B	0.03%
	SNX	D	0.03%
	BC	C	0.03%
	APO	B	0.03%
	ABG	C	0.03%
	SNV	C	0.03%
	SEIC	B	0.03%
	VOYA	B	0.03%
	ARMK	B	0.03%
	CAR	C	0.03%
	OGE	A	0.03%
	GPK	C	0.03%
	FL	F	0.03%
	RRX	B	0.03%
	AGCO	D	0.03%
	CACI	D	0.03%
	MTH	D	0.03%
	JHG	B	0.03%
	CLF	F	0.03%
	EWBC	A	0.03%
	WU	F	0.03%
	CIEN	C	0.03%
	GNW	A	0.03%
	NXST	C	0.03%
	CG	B	0.03%
	HUN	F	0.03%
	FHN	A	0.03%
	CMC	B	0.03%
	OLN	F	0.03%
	BAH	F	0.03%
	WSO	A	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	SANM	B	0.03%
	NWL	C	0.03%
	HBI	B	0.03%
	MLI	B	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	B	0.02%
	ADNT	F	0.02%
	FLO	D	0.02%
	MPW	F	0.02%
	MATX	C	0.02%
	LEG	F	0.02%
	BPOP	C	0.02%
	CHKP	C	0.02%
	ARCH	B	0.02%
	TKR	D	0.02%
	MIDD	C	0.02%
	AER	A	0.02%
	NSIT	F	0.02%
	KBR	F	0.02%
	POR	C	0.02%
	MKSI	C	0.02%
	VAC	C	0.02%
	TTC	C	0.02%
	UHAL	D	0.02%
	XRX	F	0.02%
	WPC	C	0.02%
	ASO	F	0.02%
	GLPI	C	0.02%
	WERN	C	0.02%
	OI	C	0.02%
	POST	C	0.02%
	NFG	A	0.02%
	ASGN	F	0.02%
	NAVI	F	0.02%
	SM	B	0.02%
	CCEP	C	0.02%
	LECO	C	0.02%
	ST	F	0.02%
	AL	B	0.02%
	MUR	D	0.02%
	TPX	B	0.02%
	PII	F	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%
	PENN	C	0.02%
	HOG	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	C	0.02%
	LAMR	C	0.02%
	PK	C	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%
	TGNA	B	0.02%
	BAP	A	0.02%
	SON	F	0.02%
	AXTA	B	0.02%
	VSH	F	0.01%
	ANDE	D	0.01%
	LILAK	D	0.01%
	CNXC	F	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	C	0.01%
	QRTEA	F	0.01%
	AAL	B	0.01%
	FTI	A	0.01%
	JWN	D	0.01%
	HRB	D	0.01%
	XRAY	F	0.01%
	DK	C	0.01%
	HTZ	C	0.01%
	DAN	D	0.01%
	UNFI	A	0.01%
	CRI	F	0.01%
	CNX	A	0.01%
	CPRI	F	0.01%

FNDX Underweight 29 Positions Relative to GSPY

	Symbol	Grade	Weight
	PLTR	B	-0.09%
	SMCI	F	-0.05%
	CRWD	B	-0.05%
	ABNB	C	-0.05%
	MTCH	D	-0.04%
	RCL	A	-0.04%
	INCY	C	-0.03%
	FICO	B	-0.03%
	VLTO	C	-0.03%
	MPWR	F	-0.02%
	ROL	B	-0.02%
	DXCM	C	-0.02%
	UAL	A	-0.02%
	LYV	A	-0.02%
	CSGP	D	-0.02%
	AXON	A	-0.02%
	FRT	B	-0.01%
	TECH	F	-0.01%
	WYNN	C	-0.01%
	DAY	B	-0.01%
	PAYC	B	-0.01%
	NCLH	B	-0.01%
	PODD	C	-0.01%
	FDS	B	-0.01%
	ERIE	D	-0.01%
	PTC	B	-0.01%
	TYL	B	-0.01%
	ENPH	F	-0.0%
	MKTX	D	-0.0%

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

GSPY: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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