FNDX vs. GVLU ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Gotham 1000 Value ETF (GVLU)

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

GVLU

Gotham 1000 Value ETF

GVLU Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by generally investing in equity securities of 400-600 mid- to large-capitalization companies chosen from a universe of the largest 1,400 companies listed on U.S. stock exchanges measured by market capitalization.

Grade (RS Rating)

Last Trade

$25.35

Average Daily Volume

25,551

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	GVLU
30 Days	2.37%	2.99%
60 Days	4.07%	3.48%
90 Days	5.72%	3.79%
12 Months	28.68%	25.89%

297 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in GVLU	Overlap
AA	A	0.06%	0.06%	0.06%
AAL	B	0.01%	0.29%	0.01%
ABG	C	0.03%	0.02%	0.02%
ABM	B	0.02%	0.38%	0.02%
ACGL	C	0.03%	0.49%	0.03%
ACI	C	0.03%	0.4%	0.03%
ACM	B	0.05%	0.1%	0.05%
ADM	D	0.21%	0.23%	0.21%
AEO	F	0.01%	0.01%	0.01%
AFG	A	0.05%	0.21%	0.05%
AFL	B	0.21%	0.22%	0.21%
AGCO	D	0.03%	0.24%	0.03%
AIZ	A	0.03%	0.39%	0.03%
ALL	A	0.27%	0.54%	0.27%
ALLE	C	0.01%	0.11%	0.01%
ALSN	B	0.05%	0.17%	0.05%
AMAT	F	0.24%	0.15%	0.15%
AMT	C	0.11%	0.16%	0.11%
AN	C	0.05%	0.06%	0.05%
AOS	F	0.02%	0.15%	0.02%
APTV	F	0.02%	0.07%	0.02%
ARMK	B	0.03%	0.41%	0.03%
ARW	D	0.08%	0.42%	0.08%
ASGN	F	0.02%	0.22%	0.02%
ASO	F	0.02%	0.34%	0.02%
AVT	C	0.07%	0.34%	0.07%
AVY	F	0.04%	0.06%	0.04%
AXTA	B	0.02%	0.3%	0.02%
AYI	B	0.04%	0.09%	0.04%
AZO	C	0.06%	0.1%	0.06%
BAH	F	0.03%	0.07%	0.03%
BALL	F	0.06%	0.33%	0.06%
BAX	F	0.07%	0.2%	0.07%
BBWI	C	0.03%	0.04%	0.03%
BBY	D	0.16%	0.21%	0.16%
BDX	F	0.11%	0.11%	0.11%
BERY	C	0.04%	0.18%	0.04%
BIIB	F	0.09%	0.28%	0.09%
BJ	A	0.02%	0.0%	0.0%
BKNG	A	0.24%	0.06%	0.06%
BKR	A	0.16%	0.1%	0.1%
BLD	D	0.01%	0.18%	0.01%
BLDR	D	0.06%	0.02%	0.02%
BMY	B	0.45%	0.06%	0.06%
BR	A	0.03%	0.02%	0.02%
BWA	D	0.05%	0.17%	0.05%
CAG	F	0.06%	0.44%	0.06%
CAH	B	0.07%	0.14%	0.07%
CAT	B	0.41%	0.25%	0.25%
CB	C	0.26%	0.36%	0.26%
CBOE	C	0.01%	0.39%	0.01%
CCK	D	0.04%	0.49%	0.04%
CE	F	0.03%	0.05%	0.03%
CEG	C	0.1%	0.38%	0.1%
CF	A	0.07%	0.13%	0.07%
CHTR	C	0.35%	0.18%	0.18%
CI	D	0.48%	0.39%	0.39%
CIEN	C	0.03%	0.09%	0.03%
CINF	A	0.07%	0.31%	0.07%
CL	D	0.13%	0.22%	0.13%
CLF	F	0.03%	0.05%	0.03%
CLX	A	0.04%	0.27%	0.04%
CMC	B	0.03%	0.27%	0.03%
CMCSA	B	0.83%	0.33%	0.33%
CME	B	0.08%	0.33%	0.08%
CMI	A	0.19%	0.17%	0.17%
CNC	D	0.19%	0.32%	0.19%
CNO	B	0.04%	0.12%	0.04%
COP	C	0.48%	0.14%	0.14%
COR	B	0.02%	0.11%	0.02%
CPAY	A	0.06%	0.03%	0.03%
CPB	D	0.03%	0.03%	0.03%
CSL	C	0.05%	0.35%	0.05%
CSX	C	0.22%	0.12%	0.12%
CTRA	B	0.03%	0.23%	0.03%
CTVA	C	0.09%	0.22%	0.09%
CVS	D	0.68%	0.32%	0.32%
CVX	A	1.25%	0.44%	0.44%
CZR	F	0.02%	0.08%	0.02%
D	C	0.17%	0.52%	0.17%
DAL	B	0.03%	0.32%	0.03%
DAR	C	0.02%	0.38%	0.02%
DBX	B	0.01%	0.2%	0.01%
DCI	B	0.02%	0.21%	0.02%
DG	F	0.08%	0.52%	0.08%
DGX	A	0.07%	0.01%	0.01%
DINO	D	0.05%	0.03%	0.03%
DIS	B	0.45%	0.25%	0.25%
DKS	D	0.04%	0.02%	0.02%
DOX	D	0.04%	0.31%	0.04%
DRI	B	0.05%	0.11%	0.05%
DVA	C	0.06%	0.39%	0.06%
DXC	B	0.05%	0.24%	0.05%
EBAY	D	0.17%	0.09%	0.09%
ECL	D	0.08%	0.01%	0.01%
EG	C	0.02%	0.52%	0.02%
ELV	F	0.36%	0.06%	0.06%
EME	A	0.06%	0.2%	0.06%
EMN	C	0.08%	0.11%	0.08%
EOG	A	0.23%	0.43%	0.23%
EPAM	B	0.02%	0.22%	0.02%
EW	C	0.04%	0.2%	0.04%
EXPE	B	0.04%	0.2%	0.04%
FDX	B	0.32%	0.23%	0.23%
FFIV	B	0.03%	0.02%	0.02%
FITB	B	0.13%	0.0%	0.0%
FLO	D	0.02%	0.17%	0.02%
FMC	D	0.03%	0.36%	0.03%
FOXA	A	0.1%	0.35%	0.1%
FTI	A	0.01%	0.46%	0.01%
GAP	C	0.04%	0.3%	0.04%
GEHC	D	0.09%	0.08%	0.08%
GEN	B	0.04%	0.22%	0.04%
GILD	C	0.37%	0.35%	0.35%
GIS	D	0.11%	0.32%	0.11%
GL	C	0.03%	0.49%	0.03%
GM	C	0.79%	0.24%	0.24%
GNRC	C	0.02%	0.05%	0.02%
GNTX	C	0.03%	0.06%	0.03%
GPK	C	0.03%	0.13%	0.03%
GPN	B	0.09%	0.3%	0.09%
GWW	B	0.08%	0.01%	0.01%
HAL	C	0.06%	0.02%	0.02%
HAS	D	0.03%	0.28%	0.03%
HBAN	A	0.08%	0.02%	0.02%
HCA	F	0.2%	0.17%	0.17%
HIG	B	0.14%	0.33%	0.14%
HOG	D	0.02%	0.12%	0.02%
HOLX	D	0.04%	0.1%	0.04%
HPE	B	0.21%	0.24%	0.21%
HPQ	B	0.21%	0.27%	0.21%
HRL	D	0.03%	0.23%	0.03%
HSIC	C	0.04%	0.33%	0.04%
HSY	F	0.04%	0.2%	0.04%
HUBG	A	0.02%	0.11%	0.02%
HUM	C	0.19%	0.46%	0.19%
IFF	D	0.05%	0.19%	0.05%
INGR	C	0.05%	0.53%	0.05%
IP	A	0.17%	0.17%	0.17%
IPG	D	0.04%	0.39%	0.04%
IR	B	0.03%	0.0%	0.0%
ITW	B	0.15%	0.01%	0.01%
J	D	0.05%	0.33%	0.05%
JAZZ	B	0.01%	0.41%	0.01%
JBHT	C	0.05%	0.14%	0.05%
JBL	C	0.06%	0.29%	0.06%
JCI	B	0.16%	0.28%	0.16%
JKHY	D	0.02%	0.09%	0.02%
JNJ	C	0.89%	0.1%	0.1%
JNPR	D	0.05%	0.02%	0.02%
JWN	D	0.01%	0.25%	0.01%
K	A	0.07%	0.42%	0.07%
KD	B	0.05%	0.08%	0.05%
KDP	F	0.07%	0.21%	0.07%
KHC	F	0.09%	0.43%	0.09%
KLAC	F	0.08%	0.0%	0.0%
KMB	C	0.1%	0.37%	0.1%
KMX	B	0.06%	0.2%	0.06%
KO	D	0.35%	0.07%	0.07%
KR	B	0.3%	0.28%	0.28%
KVUE	A	0.05%	0.09%	0.05%
L	A	0.05%	0.39%	0.05%
LDOS	C	0.07%	0.29%	0.07%
LEA	F	0.05%	0.08%	0.05%
LECO	C	0.02%	0.12%	0.02%
LII	A	0.03%	0.03%	0.03%
LKQ	F	0.05%	0.35%	0.05%
LMT	D	0.37%	0.16%	0.16%
LNC	C	0.05%	0.17%	0.05%
LNG	A	0.06%	0.27%	0.06%
LOW	C	0.43%	0.15%	0.15%
LPX	B	0.04%	0.09%	0.04%
LRCX	F	0.15%	0.1%	0.1%
LULU	C	0.01%	0.12%	0.01%
LYB	F	0.14%	0.14%	0.14%
MAN	F	0.04%	0.06%	0.04%
MAR	A	0.09%	0.04%	0.04%
MAS	D	0.05%	0.23%	0.05%
MATX	C	0.02%	0.12%	0.02%
MCK	A	0.11%	0.03%	0.03%
MDLZ	F	0.2%	0.21%	0.2%
MDU	D	0.02%	0.01%	0.01%
MET	A	0.26%	0.34%	0.26%
MHK	D	0.06%	0.12%	0.06%
MIDD	C	0.02%	0.34%	0.02%
MKL	A	0.05%	0.52%	0.05%
MMC	B	0.14%	0.19%	0.14%
MMM	D	0.35%	0.42%	0.35%
MMS	F	0.01%	0.37%	0.01%
MNST	C	0.05%	0.03%	0.03%
MO	A	0.37%	0.42%	0.37%
MOH	F	0.05%	0.46%	0.05%
MRK	D	0.42%	0.11%	0.11%
MRO	B	0.09%	0.48%	0.09%
MSM	C	0.01%	0.29%	0.01%
MTG	C	0.02%	0.0%	0.0%
MTN	C	0.02%	0.19%	0.02%
MTZ	B	0.03%	0.22%	0.03%
MUR	D	0.02%	0.02%	0.02%
NFG	A	0.02%	0.42%	0.02%
NKE	F	0.19%	0.35%	0.19%
NOC	D	0.2%	0.14%	0.14%
NOV	C	0.02%	0.01%	0.01%
NRG	B	0.1%	0.42%	0.1%
NSIT	F	0.02%	0.26%	0.02%
NVT	B	0.02%	0.01%	0.01%
NWL	C	0.03%	0.3%	0.03%
NXST	C	0.03%	0.2%	0.03%
OGN	F	0.04%	0.25%	0.04%
OLN	F	0.03%	0.12%	0.03%
OMC	C	0.08%	0.24%	0.08%
ORI	A	0.05%	0.23%	0.05%
OSK	C	0.04%	0.21%	0.04%
OVV	B	0.06%	0.17%	0.06%
PEP	F	0.41%	0.19%	0.19%
PFE	F	0.68%	0.1%	0.1%
PG	C	0.77%	0.03%	0.03%
PGR	A	0.23%	0.5%	0.23%
PH	A	0.13%	0.01%	0.01%
PII	F	0.02%	0.15%	0.02%
PM	B	0.48%	0.06%	0.06%
PNR	A	0.04%	0.07%	0.04%
POOL	C	0.02%	0.03%	0.02%
POST	C	0.02%	0.34%	0.02%
PPG	F	0.08%	0.29%	0.08%
PRI	B	0.03%	0.29%	0.03%
PRU	A	0.22%	0.43%	0.22%
PSX	C	0.36%	0.04%	0.04%
PVH	C	0.04%	0.26%	0.04%
PYPL	B	0.22%	0.28%	0.22%
QCOM	F	0.43%	0.02%	0.02%
RF	A	0.09%	0.01%	0.01%
RL	C	0.03%	0.08%	0.03%
RMD	C	0.03%	0.09%	0.03%
ROST	D	0.07%	0.06%	0.06%
RPM	A	0.04%	0.15%	0.04%
RRX	B	0.03%	0.3%	0.03%
SAIC	F	0.02%	0.02%	0.02%
SANM	B	0.03%	0.12%	0.03%
SBAC	D	0.02%	0.11%	0.02%
SEE	C	0.03%	0.32%	0.03%
SLB	C	0.12%	0.43%	0.12%
SM	B	0.02%	0.22%	0.02%
SNA	A	0.06%	0.1%	0.06%
SNV	C	0.03%	0.01%	0.01%
SNX	D	0.03%	0.2%	0.03%
SO	C	0.26%	0.09%	0.09%
SOLV	D	0.02%	0.28%	0.02%
SON	F	0.02%	0.4%	0.02%
SSNC	B	0.04%	0.19%	0.04%
ST	F	0.02%	0.11%	0.02%
STE	D	0.03%	0.09%	0.03%
STZ	D	0.07%	0.35%	0.07%
SWK	D	0.07%	0.38%	0.07%
SWKS	F	0.04%	0.24%	0.04%
SYY	D	0.1%	0.27%	0.1%
T	A	1.27%	0.38%	0.38%
TAP	C	0.05%	0.38%	0.05%
TDY	B	0.03%	0.08%	0.03%
TFC	A	0.23%	0.01%	0.01%
TFX	F	0.02%	0.09%	0.02%
TGNA	B	0.02%	0.11%	0.02%
TGT	F	0.38%	0.33%	0.33%
THC	D	0.07%	0.47%	0.07%
THG	A	0.03%	0.46%	0.03%
THO	B	0.04%	0.04%	0.04%
TKR	D	0.02%	0.09%	0.02%
TMUS	B	0.25%	0.21%	0.21%
TPR	B	0.05%	0.31%	0.05%
TPX	B	0.02%	0.17%	0.02%
TRV	B	0.31%	0.4%	0.31%
TSN	B	0.2%	0.4%	0.2%
TTC	C	0.02%	0.34%	0.02%
UFPI	C	0.04%	0.04%	0.04%
UHS	D	0.08%	0.31%	0.08%
ULTA	F	0.03%	0.07%	0.03%
UNH	B	1.22%	0.14%	0.14%
UNM	A	0.06%	0.38%	0.06%
UPS	C	0.28%	0.03%	0.03%
URI	C	0.13%	0.07%	0.07%
USFD	A	0.08%	0.2%	0.08%
V	A	0.36%	0.02%	0.02%
VFC	C	0.07%	0.3%	0.07%
VLO	C	0.39%	0.27%	0.27%
VRSN	C	0.01%	0.2%	0.01%
VTRS	A	0.1%	0.41%	0.1%
VZ	C	1.13%	0.45%	0.45%
WBA	F	0.17%	0.35%	0.17%
WCC	B	0.04%	0.21%	0.04%
WDC	D	0.12%	0.03%	0.03%
WRB	A	0.03%	0.34%	0.03%
WSM	C	0.04%	0.14%	0.04%
WU	F	0.03%	0.28%	0.03%
XRAY	F	0.01%	0.13%	0.01%
YUM	D	0.08%	0.02%	0.02%
ZBH	C	0.05%	0.1%	0.05%
ZION	B	0.06%	0.01%	0.01%

FNDX Overweight 424 Positions Relative to GVLU

Symbol	Grade	Weight
AAPL	C	4.35%
MSFT	D	2.43%
BRK.A	B	2.17%
JPM	A	2.03%
XOM	B	1.99%
META	D	1.79%
AMZN	C	1.56%
WMT	A	1.47%
WFC	A	1.35%
GOOGL	C	1.33%
BAC	A	1.3%
GOOG	C	1.14%
C	A	1.1%
INTC	C	0.89%
CSCO	B	0.82%
HD	B	0.8%
COST	A	0.66%
LUMN	C	0.65%
GS	A	0.62%
AVGO	D	0.61%
IBM	C	0.54%
ORCL	A	0.5%
ABBV	F	0.49%
COF	C	0.48%
MS	A	0.46%
MPC	D	0.4%
NVDA	B	0.4%
AMGN	F	0.39%
MU	D	0.38%
HON	C	0.37%
ACN	B	0.36%
AXP	A	0.36%
UNP	C	0.35%
RTX	D	0.34%
SYF	B	0.34%
ABT	B	0.34%
TXN	C	0.34%
MCD	D	0.34%
F	C	0.33%
LIN	C	0.33%
USB	A	0.32%
DUK	C	0.3%
PNC	B	0.3%
MA	B	0.29%
TSLA	B	0.28%
BLK	B	0.28%
AIG	B	0.28%
SBUX	A	0.28%
DFS	B	0.26%
BK	A	0.26%
TMO	F	0.25%
NEE	C	0.24%
KMI	A	0.23%
ETN	A	0.23%
DE	B	0.23%
TJX	A	0.22%
NSC	B	0.21%
GD	D	0.21%
ADBE	C	0.2%
LLY	F	0.2%
CTSH	B	0.19%
NUE	C	0.19%
DOW	F	0.18%
EXC	C	0.17%
WMB	A	0.17%
NFLX	A	0.17%
EMR	B	0.17%
DD	C	0.17%
AEP	C	0.16%
VST	A	0.16%
DHI	F	0.16%
LHX	C	0.16%
LEN	D	0.16%
MDT	D	0.16%
DHR	F	0.15%
AMP	A	0.15%
SPGI	C	0.15%
ADP	A	0.15%
PCAR	B	0.15%
WM	B	0.15%
CRM	B	0.15%
GE	D	0.15%
FCX	F	0.14%
OKE	A	0.14%
GLW	B	0.14%
APD	A	0.13%
SCHW	B	0.13%
SYK	B	0.13%
TROW	B	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%
FI	A	0.13%
FIS	C	0.12%
ED	C	0.12%
ETR	B	0.12%
CARR	C	0.12%
KKR	A	0.12%
XEL	A	0.12%
ORLY	B	0.11%
MTB	A	0.11%
PARA	C	0.11%
PEG	A	0.11%
OXY	D	0.11%
PPL	A	0.11%
BA	F	0.11%
ICE	C	0.11%
INTU	B	0.11%
PHM	D	0.11%
STLD	B	0.11%
EIX	B	0.1%
ALLY	C	0.1%
REGN	F	0.1%
STT	B	0.1%
KEY	B	0.1%
WELL	A	0.1%
BG	D	0.1%
SPG	A	0.1%
CFG	B	0.1%
SW	A	0.09%
ISRG	A	0.09%
STX	C	0.09%
FE	C	0.09%
DVN	F	0.09%
RS	B	0.09%
EA	A	0.09%
PFG	D	0.09%
BSX	A	0.09%
APH	A	0.09%
WY	F	0.09%
CCI	C	0.09%
LH	B	0.09%
AMD	F	0.09%
NTRS	A	0.08%
NVR	D	0.08%
CHRW	B	0.08%
VTR	B	0.08%
WHR	B	0.08%
ES	C	0.08%
WEC	A	0.08%
WKC	C	0.08%
DLR	B	0.08%
EQIX	A	0.08%
CTAS	B	0.08%
JLL	D	0.08%
WBD	B	0.08%
SHW	B	0.08%
IQV	F	0.07%
OC	A	0.07%
MSI	B	0.07%
HWM	A	0.07%
CMA	B	0.07%
WTW	B	0.07%
AEE	A	0.07%
TRGP	A	0.07%
MCO	B	0.07%
NTAP	C	0.07%
EVRG	A	0.07%
PWR	A	0.07%
R	B	0.07%
PLD	F	0.07%
X	B	0.07%
LAD	A	0.07%
ZTS	D	0.07%
PKG	A	0.07%
DTE	C	0.07%
VRTX	D	0.07%
FAST	B	0.07%
HES	B	0.06%
TOL	B	0.06%
M	F	0.06%
ODFL	C	0.06%
MGM	D	0.06%
TSCO	D	0.06%
JEF	A	0.06%
TXT	D	0.06%
ROK	C	0.06%
CMS	C	0.06%
OMF	A	0.06%
CCL	A	0.06%
FLEX	B	0.06%
IRM	C	0.06%
PFGC	B	0.06%
HLT	A	0.06%
CNP	A	0.06%
TT	A	0.06%
FNF	B	0.06%
RSG	A	0.06%
PAYX	B	0.06%
WAB	B	0.06%
DOV	A	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
VNO	C	0.05%
NI	A	0.05%
VMC	B	0.05%
NXPI	D	0.05%
DLTR	F	0.05%
MCHP	F	0.05%
IVZ	B	0.05%
AES	F	0.05%
AJG	A	0.05%
BXP	C	0.05%
GPC	D	0.05%
OTIS	C	0.05%
AVB	B	0.05%
EQH	C	0.05%
TDS	B	0.05%
EQR	C	0.05%
GPI	B	0.05%
FANG	C	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	C	0.05%
PSA	C	0.05%
A	D	0.05%
ANET	C	0.04%
O	C	0.04%
FBIN	D	0.04%
UBER	F	0.04%
BCC	B	0.04%
TER	F	0.04%
AMG	B	0.04%
KEYS	A	0.04%
ZIM	C	0.04%
LVS	B	0.04%
FYBR	C	0.04%
CMG	B	0.04%
ON	D	0.04%
HST	C	0.04%
CRBG	B	0.04%
EXPD	C	0.04%
SLM	A	0.04%
TMHC	C	0.04%
WAT	C	0.04%
ZBRA	B	0.04%
GT	C	0.04%
RGA	A	0.04%
ATO	A	0.04%
RHI	C	0.04%
CHD	A	0.04%
AWK	C	0.04%
LNT	A	0.04%
FAF	A	0.04%
MUSA	B	0.04%
LPLA	A	0.04%
NWSA	A	0.04%
PNW	A	0.04%
BEN	C	0.04%
KNX	C	0.04%
VRSK	A	0.04%
EVR	B	0.04%
JXN	C	0.04%
EQT	B	0.04%
MLM	C	0.04%
GEV	B	0.04%
MRVL	B	0.04%
UGI	C	0.04%
CDW	F	0.04%
DELL	B	0.03%
EXP	B	0.03%
LSTR	D	0.03%
INVH	D	0.03%
AR	B	0.03%
SCI	B	0.03%
IEX	C	0.03%
MRNA	F	0.03%
CPRT	B	0.03%
AAP	D	0.03%
TRU	D	0.03%
BTU	B	0.03%
SQ	A	0.03%
ITT	A	0.03%
RVTY	F	0.03%
KBH	D	0.03%
BURL	B	0.03%
ILMN	C	0.03%
CW	C	0.03%
TPH	D	0.03%
G	B	0.03%
GDDY	A	0.03%
FLR	B	0.03%
BC	C	0.03%
APO	B	0.03%
PCG	A	0.03%
ARE	F	0.03%
ALB	B	0.03%
SEIC	B	0.03%
MSCI	C	0.03%
KIM	A	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
MTD	F	0.03%
AMCR	C	0.03%
EFX	F	0.03%
CAR	C	0.03%
OGE	A	0.03%
EXR	C	0.03%
AKAM	D	0.03%
FL	F	0.03%
CACI	D	0.03%
APA	D	0.03%
ESS	B	0.03%
MTH	D	0.03%
JHG	B	0.03%
HII	F	0.03%
XYL	D	0.03%
SNPS	B	0.03%
EWBC	A	0.03%
NDAQ	A	0.03%
TRMB	B	0.03%
GNW	A	0.03%
GRMN	B	0.03%
MAA	B	0.03%
CG	B	0.03%
HUN	F	0.03%
FHN	A	0.03%
EL	F	0.03%
DOC	C	0.03%
IT	C	0.03%
DECK	A	0.03%
PANW	B	0.03%
DPZ	C	0.03%
FTV	C	0.03%
WSO	A	0.03%
CDNS	B	0.03%
PBF	D	0.03%
ADSK	A	0.03%
MKC	C	0.03%
FTNT	C	0.03%
HBI	B	0.03%
MLI	B	0.03%
HUBB	B	0.03%
WLK	D	0.02%
ODP	F	0.02%
COHR	B	0.02%
ALV	C	0.02%
ALK	B	0.02%
ADNT	F	0.02%
MPW	F	0.02%
LEG	F	0.02%
BPOP	C	0.02%
CHKP	C	0.02%
ARCH	B	0.02%
AER	A	0.02%
KBR	F	0.02%
POR	C	0.02%
MKSI	C	0.02%
VAC	C	0.02%
UHAL	D	0.02%
XRX	F	0.02%
WPC	C	0.02%
GLPI	C	0.02%
WERN	C	0.02%
LW	C	0.02%
OI	C	0.02%
ANSS	B	0.02%
NAVI	F	0.02%
NDSN	B	0.02%
WST	C	0.02%
CCEP	C	0.02%
AL	B	0.02%
STWD	C	0.02%
PAG	B	0.02%
SLG	B	0.02%
GGG	B	0.02%
GXO	B	0.02%
CTLT	C	0.02%
PENN	C	0.02%
IDXX	F	0.02%
CPT	B	0.02%
ALGN	D	0.02%
FCNCA	A	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%
REG	A	0.02%
PK	C	0.02%
BRX	A	0.02%
UDR	B	0.02%
VICI	C	0.02%
ATR	B	0.02%
EHC	B	0.02%
RUSHA	C	0.02%
REZI	A	0.02%
BRO	B	0.02%
BAP	A	0.02%
LUV	C	0.02%
VSH	F	0.01%
ANDE	D	0.01%
LILAK	D	0.01%
CNXC	F	0.01%
CRL	D	0.01%
ICLR	D	0.01%
WTRG	B	0.01%
SPTN	D	0.01%
CHE	D	0.01%
CYH	F	0.01%
FSLR	F	0.01%
NOW	A	0.01%
TNL	A	0.01%
PRGO	C	0.01%
QRTEA	F	0.01%
HRB	D	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 159 Positions Relative to GVLU

Symbol	Grade	Weight
PPC	C	-0.58%
AGO	B	-0.53%
RNR	C	-0.53%
FCN	F	-0.48%
IDCC	B	-0.48%
ESGR	B	-0.46%
SKYW	C	-0.45%
ALKS	C	-0.45%
SMG	C	-0.44%
KTB	B	-0.44%
PLXS	B	-0.44%
TKO	A	-0.42%
WHD	B	-0.41%
SIRI	C	-0.4%
URBN	C	-0.4%
CNA	C	-0.39%
OPCH	D	-0.39%
LNTH	D	-0.39%
REYN	D	-0.39%
SLVM	B	-0.38%
ASH	F	-0.38%
EXEL	B	-0.37%
VMI	B	-0.37%
PRIM	A	-0.37%
UA	C	-0.37%
MTCH	D	-0.36%
DORM	B	-0.36%
ADTN	A	-0.36%
SLGN	A	-0.36%
EEFT	B	-0.35%
SAM	C	-0.35%
CHX	C	-0.34%
ANF	F	-0.33%
GFF	A	-0.33%
CNK	C	-0.33%
SMPL	B	-0.33%
GOLF	B	-0.33%
ZM	C	-0.32%
FTDR	B	-0.32%
WEX	D	-0.32%
CBT	D	-0.31%
H	B	-0.31%
HP	C	-0.3%
ELAN	D	-0.3%
MWA	B	-0.29%
CROX	D	-0.27%
AVNT	B	-0.27%
OTEX	F	-0.26%
KNSL	B	-0.26%
SEM	B	-0.26%
CALM	A	-0.25%
LCII	C	-0.25%
BCO	F	-0.25%
POWL	C	-0.25%
UI	B	-0.25%
NEU	D	-0.24%
ATGE	B	-0.24%
MCY	A	-0.24%
RGLD	C	-0.23%
GVA	A	-0.22%
WSC	F	-0.22%
TAC	A	-0.22%
NOG	B	-0.22%
PAYO	A	-0.21%
QGEN	D	-0.21%
YETI	D	-0.21%
LRN	A	-0.21%
BRC	D	-0.21%
NVST	B	-0.2%
FELE	B	-0.2%
HAYW	B	-0.2%
BYD	B	-0.2%
FUL	F	-0.2%
IPGP	D	-0.19%
UTHR	C	-0.19%
AXS	A	-0.18%
PSN	D	-0.17%
TDC	D	-0.17%
CEIX	A	-0.17%
PBH	A	-0.17%
SXT	C	-0.17%
CRUS	D	-0.16%
LTH	C	-0.16%
GTLS	A	-0.16%
NBIX	C	-0.16%
UNF	B	-0.16%
KFY	B	-0.16%
KWR	C	-0.15%
PAYC	B	-0.14%
ATI	C	-0.14%
WMG	D	-0.13%
WYNN	C	-0.13%
LEVI	F	-0.13%
ACIW	B	-0.12%
COTY	F	-0.12%
COLM	C	-0.12%
MSA	F	-0.12%
IRDM	D	-0.11%
IGT	F	-0.11%
IBOC	B	-0.11%
APG	B	-0.11%
FN	C	-0.11%
TEX	F	-0.11%
USM	B	-0.1%
ACT	C	-0.1%
COKE	C	-0.09%
LBRT	D	-0.09%
AM	A	-0.09%
ACLS	F	-0.09%
MASI	B	-0.09%
AMR	C	-0.09%
LNW	F	-0.09%
PTEN	C	-0.09%
ICFI	F	-0.09%
GFS	C	-0.08%
LOPE	C	-0.08%
MORN	B	-0.08%
FLS	B	-0.08%
ATKR	D	-0.08%
OZK	B	-0.08%
KMPR	A	-0.08%
INCY	C	-0.07%
WEN	D	-0.07%
GTES	A	-0.07%
AZEK	A	-0.07%
RLI	A	-0.06%
HALO	F	-0.06%
ETSY	D	-0.06%
IOSP	C	-0.06%
ICUI	D	-0.05%
BIO	C	-0.05%
WFRD	D	-0.05%
RBA	A	-0.05%
WOR	F	-0.05%
FDS	B	-0.05%
VRRM	F	-0.05%
WH	B	-0.05%
WFG	C	-0.04%
JJSF	C	-0.04%
MTX	B	-0.04%
SHOO	F	-0.04%
BRBR	A	-0.04%
FIZZ	C	-0.03%
CATY	B	-0.02%
TTEK	F	-0.02%
VRT	B	-0.02%
DDS	B	-0.02%
IBP	D	-0.01%
IESC	C	-0.01%
SPB	C	-0.01%
ONB	C	-0.01%
SNDR	B	-0.01%
COLB	B	-0.01%
SWX	B	-0.01%
IFS	A	-0.01%
FULT	A	-0.0%
BOOT	C	-0.0%
VLY	B	-0.0%
CSWI	B	-0.0%