FNDX vs. KOKU ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Xtrackers MSCI Kokusai Equity ETF (KOKU)

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

$24.81

Average Daily Volume

1,178,356

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$102.45

Average Daily Volume

367

Number of Holdings ^*

615

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	KOKU
30 Days	2.37%	0.83%
60 Days	4.07%	3.06%
90 Days	5.72%	3.34%
12 Months	28.68%	25.94%

508 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in KOKU	Overlap
	A	D	0.05%	0.06%	0.05%
	AAPL	C	4.35%	4.94%	4.35%
	ABBV	F	0.49%	0.13%	0.13%
	ABBV	F	0.49%	0.44%	0.44%
	ABT	B	0.34%	0.3%	0.3%
	ACGL	C	0.03%	0.06%	0.03%
	ACI	C	0.03%	0.01%	0.01%
	ACM	B	0.05%	0.03%	0.03%
	ACN	B	0.36%	0.33%	0.33%
	ADBE	C	0.2%	0.34%	0.2%
	ADI	D	0.13%	0.15%	0.13%
	ADM	D	0.21%	0.04%	0.04%
	ADP	A	0.15%	0.19%	0.15%
	ADSK	A	0.03%	0.1%	0.03%
	AEE	A	0.07%	0.04%	0.04%
	AEP	C	0.16%	0.08%	0.08%
	AER	A	0.02%	0.03%	0.02%
	AES	F	0.05%	0.01%	0.01%
	AFG	A	0.05%	0.01%	0.01%
	AFL	B	0.21%	0.09%	0.09%
	AIG	B	0.28%	0.08%	0.08%
	AIZ	A	0.03%	0.02%	0.02%
	AJG	A	0.05%	0.09%	0.05%
	AKAM	D	0.03%	0.02%	0.02%
	ALB	B	0.03%	0.02%	0.02%
	ALGN	D	0.02%	0.02%	0.02%
	ALL	A	0.27%	0.08%	0.08%
	ALLE	C	0.01%	0.02%	0.01%
	ALLY	C	0.1%	0.02%	0.02%
	AMAT	F	0.24%	0.21%	0.21%
	AMCR	C	0.03%	0.02%	0.02%
	AMD	F	0.09%	0.33%	0.09%
	AME	A	0.05%	0.07%	0.05%
	AMGN	F	0.39%	0.23%	0.23%
	AMP	A	0.15%	0.09%	0.09%
	AMT	C	0.11%	0.14%	0.11%
	AMZN	C	1.56%	2.86%	1.56%
	ANET	C	0.04%	0.15%	0.04%
	ANSS	B	0.02%	0.04%	0.02%
	AON	A	0.13%	0.11%	0.11%
	AOS	F	0.02%	0.01%	0.01%
	APA	D	0.03%	0.01%	0.01%
	APD	A	0.13%	0.11%	0.11%
	APH	A	0.09%	0.13%	0.09%
	APO	B	0.03%	0.1%	0.03%
	APTV	F	0.02%	0.02%	0.02%
	ARE	F	0.03%	0.02%	0.02%
	ATO	A	0.04%	0.03%	0.03%
	AVB	B	0.05%	0.05%	0.05%
	AVGO	D	0.61%	1.1%	0.61%
	AVTR	F	0.02%	0.02%	0.02%
	AVY	F	0.04%	0.02%	0.02%
	AWK	C	0.04%	0.04%	0.04%
	AXP	A	0.36%	0.25%	0.25%
	AZO	C	0.06%	0.08%	0.06%
	BA	F	0.11%	0.15%	0.11%
	BAC	A	1.3%	0.5%	0.5%
	BAH	F	0.03%	0.03%	0.03%
	BALL	F	0.06%	0.03%	0.03%
	BAX	F	0.07%	0.02%	0.02%
	BBWI	C	0.03%	0.01%	0.01%
	BBY	D	0.16%	0.03%	0.03%
	BDX	F	0.11%	0.1%	0.1%
	BEN	C	0.04%	0.01%	0.01%
	BG	D	0.1%	0.02%	0.02%
	BIIB	F	0.09%	0.03%	0.03%
	BK	A	0.26%	0.09%	0.09%
	BKNG	A	0.24%	0.25%	0.24%
	BKR	A	0.16%	0.07%	0.07%
	BLDR	D	0.06%	0.03%	0.03%
	BLK	B	0.28%	0.23%	0.23%
	BMY	B	0.45%	0.18%	0.18%
	BR	A	0.03%	0.04%	0.03%
	BRK.A	B	2.17%	0.94%	0.94%
	BRO	B	0.02%	0.04%	0.02%
	BSX	A	0.09%	0.19%	0.09%
	BURL	B	0.03%	0.02%	0.02%
	BX	A	0.13%	0.19%	0.13%
	BXP	C	0.05%	0.02%	0.02%
	C	A	1.1%	0.2%	0.2%
	CAG	F	0.06%	0.02%	0.02%
	CAH	B	0.07%	0.04%	0.04%
	CARR	C	0.12%	0.09%	0.09%
	CAT	B	0.41%	0.28%	0.28%
	CB	C	0.26%	0.17%	0.17%
	CBOE	C	0.01%	0.03%	0.01%
	CBRE	B	0.13%	0.06%	0.06%
	CCEP	C	0.02%	0.02%	0.02%
	CCI	C	0.09%	0.07%	0.07%
	CCK	D	0.04%	0.02%	0.02%
	CCL	A	0.06%	0.04%	0.04%
	CDNS	B	0.03%	0.12%	0.03%
	CDW	F	0.04%	0.03%	0.03%
	CE	F	0.03%	0.01%	0.01%
	CEG	C	0.1%	0.11%	0.1%
	CF	A	0.07%	0.03%	0.03%
	CFG	B	0.1%	0.03%	0.03%
	CG	B	0.03%	0.01%	0.01%
	CHD	A	0.04%	0.04%	0.04%
	CHKP	C	0.02%	0.03%	0.02%
	CHRW	B	0.08%	0.02%	0.02%
	CHTR	C	0.35%	0.06%	0.06%
	CI	D	0.48%	0.13%	0.13%
	CINF	A	0.07%	0.03%	0.03%
	CL	D	0.13%	0.11%	0.11%
	CLX	A	0.04%	0.03%	0.03%
	CMCSA	B	0.83%	0.26%	0.26%
	CME	B	0.08%	0.12%	0.08%
	CMG	B	0.04%	0.13%	0.04%
	CMI	A	0.19%	0.07%	0.07%
	CMS	C	0.06%	0.03%	0.03%
	CNC	D	0.19%	0.05%	0.05%
	CNH	C	0.02%	0.02%	0.02%
	CNP	A	0.06%	0.03%	0.03%
	COF	C	0.48%	0.11%	0.11%
	COP	C	0.48%	0.2%	0.2%
	COR	B	0.02%	0.06%	0.02%
	COST	A	0.66%	0.6%	0.6%
	CPAY	A	0.06%	0.04%	0.04%
	CPB	D	0.03%	0.01%	0.01%
	CPRT	B	0.03%	0.07%	0.03%
	CPT	B	0.02%	0.02%	0.02%
	CRBG	B	0.04%	0.01%	0.01%
	CRL	D	0.01%	0.01%	0.01%
	CRM	B	0.15%	0.47%	0.15%
	CSCO	B	0.82%	0.35%	0.35%
	CSL	C	0.05%	0.03%	0.03%
	CSX	C	0.22%	0.1%	0.1%
	CTAS	B	0.08%	0.12%	0.08%
	CTLT	C	0.02%	0.01%	0.01%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	B	0.19%	0.06%	0.06%
	CTVA	C	0.09%	0.06%	0.06%
	CVS	D	0.68%	0.1%	0.1%
	CVX	A	1.25%	0.42%	0.42%
	D	C	0.17%	0.07%	0.07%
	DAL	B	0.03%	0.01%	0.01%
	DD	C	0.17%	0.05%	0.05%
	DE	B	0.23%	0.16%	0.16%
	DECK	A	0.03%	0.05%	0.03%
	DELL	B	0.03%	0.06%	0.03%
	DFS	B	0.26%	0.07%	0.07%
	DG	F	0.08%	0.03%	0.03%
	DGX	A	0.07%	0.03%	0.03%
	DHI	F	0.16%	0.07%	0.07%
	DHR	F	0.15%	0.24%	0.15%
	DINO	D	0.05%	0.01%	0.01%
	DIS	B	0.45%	0.31%	0.31%
	DKS	D	0.04%	0.02%	0.02%
	DLR	B	0.08%	0.08%	0.08%
	DLTR	F	0.05%	0.02%	0.02%
	DOC	C	0.03%	0.02%	0.02%
	DOV	A	0.06%	0.04%	0.04%
	DOW	F	0.18%	0.05%	0.05%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.05%	0.03%	0.03%
	DTE	C	0.07%	0.04%	0.04%
	DUK	C	0.3%	0.13%	0.13%
	DVA	C	0.06%	0.02%	0.02%
	DVN	F	0.09%	0.04%	0.04%
	EA	A	0.09%	0.06%	0.06%
	EBAY	D	0.17%	0.05%	0.05%
	ECL	D	0.08%	0.09%	0.08%
	ED	C	0.12%	0.05%	0.05%
	EFX	F	0.03%	0.04%	0.03%
	EG	C	0.02%	0.02%	0.02%
	EIX	B	0.1%	0.05%	0.05%
	EL	F	0.03%	0.02%	0.02%
	ELV	F	0.36%	0.14%	0.14%
	EME	A	0.06%	0.03%	0.03%
	EMN	C	0.08%	0.02%	0.02%
	EMR	B	0.17%	0.11%	0.11%
	EOG	A	0.23%	0.12%	0.12%
	EPAM	B	0.02%	0.02%	0.02%
	EQH	C	0.05%	0.03%	0.03%
	EQIX	A	0.08%	0.13%	0.08%
	EQR	C	0.05%	0.04%	0.04%
	EQT	B	0.04%	0.04%	0.04%
	ES	C	0.08%	0.04%	0.04%
	ESS	B	0.03%	0.03%	0.03%
	ETN	A	0.23%	0.21%	0.21%
	ETR	B	0.12%	0.05%	0.05%
	EVRG	A	0.07%	0.02%	0.02%
	EW	C	0.04%	0.06%	0.04%
	EXC	C	0.17%	0.06%	0.06%
	EXPD	C	0.04%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	C	0.03%	0.05%	0.03%
	F	C	0.33%	0.06%	0.06%
	FANG	C	0.05%	0.05%	0.05%
	FAST	B	0.07%	0.07%	0.07%
	FBIN	D	0.04%	0.02%	0.02%
	FCNCA	A	0.02%	0.03%	0.02%
	FCX	F	0.14%	0.09%	0.09%
	FDX	B	0.32%	0.1%	0.1%
	FE	C	0.09%	0.04%	0.04%
	FFIV	B	0.03%	0.02%	0.02%
	FI	A	0.13%	0.19%	0.13%
	FIS	C	0.12%	0.07%	0.07%
	FITB	B	0.13%	0.05%	0.05%
	FNF	B	0.06%	0.02%	0.02%
	FOXA	A	0.1%	0.02%	0.02%
	FSLR	F	0.01%	0.03%	0.01%
	FTNT	C	0.03%	0.09%	0.03%
	FTV	C	0.03%	0.04%	0.03%
	GD	D	0.21%	0.1%	0.1%
	GDDY	A	0.03%	0.04%	0.03%
	GE	D	0.15%	0.29%	0.15%
	GEHC	D	0.09%	0.05%	0.05%
	GEN	B	0.04%	0.02%	0.02%
	GEV	B	0.04%	0.13%	0.04%
	GGG	B	0.02%	0.02%	0.02%
	GILD	C	0.37%	0.16%	0.16%
	GIS	D	0.11%	0.05%	0.05%
	GLPI	C	0.02%	0.02%	0.02%
	GLW	B	0.14%	0.06%	0.06%
	GM	C	0.79%	0.1%	0.1%
	GOOG	C	1.14%	1.33%	1.14%
	GOOGL	C	1.33%	1.52%	1.33%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.09%	0.04%	0.04%
	GRMN	B	0.03%	0.05%	0.03%
	GS	A	0.62%	0.29%	0.29%
	GWW	B	0.08%	0.08%	0.08%
	HAL	C	0.06%	0.04%	0.04%
	HBAN	A	0.08%	0.04%	0.04%
	HCA	F	0.2%	0.1%	0.1%
	HD	B	0.8%	0.61%	0.61%
	HES	B	0.06%	0.06%	0.06%
	HIG	B	0.14%	0.06%	0.06%
	HII	F	0.03%	0.01%	0.01%
	HLT	A	0.06%	0.1%	0.06%
	HOLX	D	0.04%	0.03%	0.03%
	HON	C	0.37%	0.23%	0.23%
	HPE	B	0.21%	0.04%	0.04%
	HPQ	B	0.21%	0.05%	0.05%
	HRL	D	0.03%	0.01%	0.01%
	HSIC	C	0.04%	0.01%	0.01%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.04%	0.04%	0.04%
	HUBB	B	0.03%	0.03%	0.03%
	HUM	C	0.19%	0.05%	0.05%
	HWM	A	0.07%	0.07%	0.07%
	IBM	C	0.54%	0.29%	0.29%
	ICE	C	0.11%	0.13%	0.11%
	IDXX	F	0.02%	0.05%	0.02%
	IEX	C	0.03%	0.03%	0.03%
	IFF	D	0.05%	0.03%	0.03%
	ILMN	C	0.03%	0.03%	0.03%
	INTC	C	0.89%	0.15%	0.15%
	INTU	B	0.11%	0.29%	0.11%
	INVH	D	0.03%	0.03%	0.03%
	IP	A	0.17%	0.03%	0.03%
	IPG	D	0.04%	0.02%	0.02%
	IQV	F	0.07%	0.05%	0.05%
	IR	B	0.03%	0.06%	0.03%
	IRM	C	0.06%	0.05%	0.05%
	ISRG	A	0.09%	0.28%	0.09%
	IT	C	0.03%	0.06%	0.03%
	ITW	B	0.15%	0.12%	0.12%
	J	D	0.05%	0.03%	0.03%
	JBHT	C	0.05%	0.02%	0.02%
	JBL	C	0.06%	0.02%	0.02%
	JCI	B	0.16%	0.09%	0.09%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	C	0.89%	0.56%	0.56%
	JNPR	D	0.05%	0.01%	0.01%
	JPM	A	2.03%	1.06%	1.06%
	K	A	0.07%	0.03%	0.03%
	KDP	F	0.07%	0.05%	0.05%
	KEY	B	0.1%	0.03%	0.03%
	KEYS	A	0.04%	0.04%	0.04%
	KHC	F	0.09%	0.04%	0.04%
	KIM	A	0.03%	0.02%	0.02%
	KKR	A	0.12%	0.14%	0.12%
	KLAC	F	0.08%	0.13%	0.08%
	KMB	C	0.1%	0.07%	0.07%
	KMI	A	0.23%	0.08%	0.08%
	KMX	B	0.06%	0.02%	0.02%
	KNX	C	0.04%	0.01%	0.01%
	KO	D	0.35%	0.38%	0.35%
	KR	B	0.3%	0.06%	0.06%
	KVUE	A	0.05%	0.07%	0.05%
	L	A	0.05%	0.02%	0.02%
	LDOS	C	0.07%	0.03%	0.03%
	LEN	D	0.16%	0.06%	0.06%
	LH	B	0.09%	0.03%	0.03%
	LHX	C	0.16%	0.07%	0.07%
	LII	A	0.03%	0.03%	0.03%
	LIN	C	0.33%	0.33%	0.33%
	LKQ	F	0.05%	0.01%	0.01%
	LLY	F	0.2%	0.91%	0.2%
	LMT	D	0.37%	0.17%	0.17%
	LNG	A	0.06%	0.08%	0.06%
	LNT	A	0.04%	0.02%	0.02%
	LOW	C	0.43%	0.23%	0.23%
	LPLA	A	0.04%	0.04%	0.04%
	LRCX	F	0.15%	0.14%	0.14%
	LULU	C	0.01%	0.05%	0.01%
	LUV	C	0.02%	0.01%	0.01%
	LVS	B	0.04%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.14%	0.03%	0.03%
	MA	B	0.29%	0.65%	0.29%
	MAA	B	0.03%	0.03%	0.03%
	MAR	A	0.09%	0.11%	0.09%
	MAS	D	0.05%	0.03%	0.03%
	MCD	D	0.34%	0.32%	0.32%
	MCHP	F	0.05%	0.05%	0.05%
	MCK	A	0.11%	0.12%	0.11%
	MCO	B	0.07%	0.12%	0.07%
	MDLZ	F	0.2%	0.13%	0.13%
	MDT	D	0.16%	0.18%	0.16%
	MET	A	0.26%	0.08%	0.08%
	META	D	1.79%	1.82%	1.79%
	MGM	D	0.06%	0.02%	0.02%
	MKC	C	0.03%	0.03%	0.03%
	MKL	A	0.05%	0.03%	0.03%
	MLM	C	0.04%	0.06%	0.04%
	MMC	B	0.14%	0.16%	0.14%
	MMM	D	0.35%	0.11%	0.11%
	MNST	C	0.05%	0.06%	0.05%
	MO	A	0.37%	0.15%	0.15%
	MOH	F	0.05%	0.03%	0.03%
	MOS	F	0.06%	0.01%	0.01%
	MPC	D	0.4%	0.09%	0.09%
	MRK	D	0.42%	0.37%	0.37%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	B	0.09%	0.03%	0.03%
	MRVL	B	0.04%	0.11%	0.04%
	MS	A	0.46%	0.25%	0.25%
	MSCI	C	0.03%	0.07%	0.03%
	MSFT	D	2.43%	4.41%	2.43%
	MSI	B	0.07%	0.12%	0.07%
	MTB	A	0.11%	0.05%	0.05%
	MTD	F	0.03%	0.04%	0.03%
	MU	D	0.38%	0.16%	0.16%
	NDAQ	A	0.03%	0.05%	0.03%
	NDSN	B	0.02%	0.02%	0.02%
	NEE	C	0.24%	0.23%	0.23%
	NEM	D	0.13%	0.07%	0.07%
	NFLX	A	0.17%	0.54%	0.17%
	NI	A	0.05%	0.02%	0.02%
	NKE	F	0.19%	0.14%	0.14%
	NOC	D	0.2%	0.11%	0.11%
	NOW	A	0.01%	0.31%	0.01%
	NRG	B	0.1%	0.03%	0.03%
	NSC	B	0.21%	0.09%	0.09%
	NTAP	C	0.07%	0.04%	0.04%
	NTRS	A	0.08%	0.03%	0.03%
	NUE	C	0.19%	0.06%	0.06%
	NVDA	B	0.4%	5.27%	0.4%
	NVR	D	0.08%	0.05%	0.05%
	NWSA	A	0.04%	0.02%	0.02%
	NXPI	D	0.05%	0.08%	0.05%
	O	C	0.04%	0.07%	0.04%
	OC	A	0.07%	0.03%	0.03%
	ODFL	C	0.06%	0.06%	0.06%
	OKE	A	0.14%	0.1%	0.1%
	OMC	C	0.08%	0.03%	0.03%
	ON	D	0.04%	0.04%	0.04%
	ORCL	A	0.5%	0.46%	0.46%
	ORLY	B	0.11%	0.11%	0.11%
	OTIS	C	0.05%	0.06%	0.05%
	OVV	B	0.06%	0.02%	0.02%
	OXY	D	0.11%	0.05%	0.05%
	PANW	B	0.03%	0.19%	0.03%
	PARA	C	0.11%	0.01%	0.01%
	PAYX	B	0.06%	0.07%	0.06%
	PCAR	B	0.15%	0.09%	0.09%
	PCG	A	0.03%	0.06%	0.03%
	PEG	A	0.11%	0.07%	0.07%
	PEP	F	0.41%	0.33%	0.33%
	PFE	F	0.68%	0.21%	0.21%
	PFG	D	0.09%	0.03%	0.03%
	PG	C	0.77%	0.6%	0.6%
	PGR	A	0.23%	0.22%	0.22%
	PH	A	0.13%	0.14%	0.13%
	PHM	D	0.11%	0.04%	0.04%
	PKG	A	0.07%	0.03%	0.03%
	PLD	F	0.07%	0.16%	0.07%
	PM	B	0.48%	0.3%	0.3%
	PNC	B	0.3%	0.13%	0.13%
	PNR	A	0.04%	0.03%	0.03%
	POOL	C	0.02%	0.02%	0.02%
	PPG	F	0.08%	0.04%	0.04%
	PPL	A	0.11%	0.04%	0.04%
	PRU	A	0.22%	0.07%	0.07%
	PSA	C	0.05%	0.08%	0.05%
	PSX	C	0.36%	0.08%	0.08%
	PWR	A	0.07%	0.07%	0.07%
	PYPL	B	0.22%	0.13%	0.13%
	QCOM	F	0.43%	0.27%	0.27%
	QRVO	F	0.03%	0.01%	0.01%
	REG	A	0.02%	0.02%	0.02%
	REGN	F	0.1%	0.13%	0.1%
	RF	A	0.09%	0.04%	0.04%
	RJF	A	0.05%	0.05%	0.05%
	RMD	C	0.03%	0.05%	0.03%
	ROK	C	0.06%	0.05%	0.05%
	ROP	B	0.05%	0.09%	0.05%
	ROST	D	0.07%	0.07%	0.07%
	RPM	A	0.04%	0.03%	0.03%
	RS	B	0.09%	0.02%	0.02%
	RSG	A	0.06%	0.07%	0.06%
	RTX	D	0.34%	0.24%	0.24%
	RVTY	F	0.03%	0.02%	0.02%
	SBAC	D	0.02%	0.04%	0.02%
	SBUX	A	0.28%	0.17%	0.17%
	SCHW	B	0.13%	0.19%	0.13%
	SEIC	B	0.03%	0.01%	0.01%
	SHW	B	0.08%	0.14%	0.08%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.12%	0.09%	0.09%
	SNA	A	0.06%	0.03%	0.03%
	SNPS	B	0.03%	0.12%	0.03%
	SO	C	0.26%	0.14%	0.14%
	SOLV	D	0.02%	0.01%	0.01%
	SPG	A	0.1%	0.09%	0.09%
	SPGI	C	0.15%	0.24%	0.15%
	SQ	A	0.03%	0.07%	0.03%
	SRE	A	0.13%	0.09%	0.09%
	SSNC	B	0.04%	0.03%	0.03%
	STE	D	0.03%	0.03%	0.03%
	STLD	B	0.11%	0.03%	0.03%
	STT	B	0.1%	0.04%	0.04%
	STX	C	0.09%	0.03%	0.03%
	STZ	D	0.07%	0.06%	0.06%
	SUI	C	0.02%	0.02%	0.02%
	SW	A	0.09%	0.04%	0.04%
	SWK	D	0.07%	0.02%	0.02%
	SWKS	F	0.04%	0.02%	0.02%
	SYF	B	0.34%	0.04%	0.04%
	SYK	B	0.13%	0.2%	0.13%
	SYY	D	0.1%	0.06%	0.06%
	T	A	1.27%	0.24%	0.24%
	TAP	C	0.05%	0.02%	0.02%
	TDG	D	0.06%	0.11%	0.06%
	TDY	B	0.03%	0.03%	0.03%
	TER	F	0.04%	0.02%	0.02%
	TFC	A	0.23%	0.09%	0.09%
	TFX	F	0.02%	0.01%	0.01%
	TGT	F	0.38%	0.11%	0.11%
	TJX	A	0.22%	0.21%	0.21%
	TMO	F	0.25%	0.29%	0.25%
	TMUS	B	0.25%	0.19%	0.19%
	TRGP	A	0.07%	0.06%	0.06%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.13%	0.04%	0.04%
	TRU	D	0.03%	0.03%	0.03%
	TRV	B	0.31%	0.09%	0.09%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	B	0.28%	1.39%	0.28%
	TSN	B	0.2%	0.03%	0.03%
	TT	A	0.06%	0.14%	0.06%
	TTC	C	0.02%	0.01%	0.01%
	TTWO	A	0.03%	0.05%	0.03%
	TXN	C	0.34%	0.27%	0.27%
	TXT	D	0.06%	0.03%	0.03%
	UBER	F	0.04%	0.2%	0.04%
	UDR	B	0.02%	0.02%	0.02%
	UHAL	D	0.02%	0.01%	0.01%
	UHS	D	0.08%	0.02%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	B	1.22%	0.82%	0.82%
	UNP	C	0.35%	0.22%	0.22%
	UPS	C	0.28%	0.14%	0.14%
	URI	C	0.13%	0.09%	0.09%
	USB	A	0.32%	0.12%	0.12%
	V	A	0.36%	0.73%	0.36%
	VICI	C	0.02%	0.05%	0.02%
	VLO	C	0.39%	0.07%	0.07%
	VMC	B	0.05%	0.06%	0.05%
	VRSK	A	0.04%	0.06%	0.04%
	VRSN	C	0.01%	0.03%	0.01%
	VRTX	D	0.07%	0.18%	0.07%
	VST	A	0.16%	0.08%	0.08%
	VTR	B	0.08%	0.04%	0.04%
	VTRS	A	0.1%	0.02%	0.02%
	VZ	C	1.13%	0.26%	0.26%
	WAB	B	0.06%	0.05%	0.05%
	WAT	C	0.04%	0.03%	0.03%
	WBA	F	0.17%	0.01%	0.01%
	WBD	B	0.08%	0.03%	0.03%
	WDC	D	0.12%	0.03%	0.03%
	WEC	A	0.08%	0.05%	0.05%
	WELL	A	0.1%	0.13%	0.1%
	WFC	A	1.35%	0.39%	0.39%
	WLK	D	0.02%	0.01%	0.01%
	WM	B	0.15%	0.13%	0.13%
	WMB	A	0.17%	0.11%	0.11%
	WMT	A	1.47%	0.56%	0.56%
	WPC	C	0.02%	0.02%	0.02%
	WRB	A	0.03%	0.03%	0.03%
	WSM	C	0.04%	0.02%	0.02%
	WSO	A	0.03%	0.02%	0.02%
	WST	C	0.02%	0.03%	0.02%
	WTRG	B	0.01%	0.02%	0.01%
	WTW	B	0.07%	0.05%	0.05%
	WY	F	0.09%	0.03%	0.03%
	XEL	A	0.12%	0.06%	0.06%
	XOM	B	1.99%	0.8%	0.8%
	XRX	F	0.02%	0.02%	0.02%
	XYL	D	0.03%	0.04%	0.03%
	YUM	D	0.08%	0.06%	0.06%
	ZBH	C	0.05%	0.03%	0.03%
	ZBRA	B	0.04%	0.03%	0.03%
	ZTS	D	0.07%	0.12%	0.07%

FNDX Overweight 214 Positions Relative to KOKU

	Symbol	Grade	Weight
	LUMN	C	0.65%
	ARW	D	0.08%
	USFD	A	0.08%
	WHR	B	0.08%
	WKC	C	0.08%
	JLL	D	0.08%
	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%
	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%
	MHK	D	0.06%
	FLEX	B	0.06%
	PFGC	B	0.06%
	KSS	F	0.06%
	VNO	C	0.05%
	INGR	C	0.05%
	ORI	A	0.05%
	IVZ	B	0.05%
	AN	C	0.05%
	KD	B	0.05%
	DXC	B	0.05%
	ALSN	B	0.05%
	LEA	F	0.05%
	TDS	B	0.05%
	GPI	B	0.05%
	CASY	A	0.05%
	BWA	D	0.05%
	TPR	B	0.05%
	SFM	A	0.05%
	BFH	C	0.05%
	LNC	C	0.05%
	LPX	B	0.04%
	BCC	B	0.04%
	GAP	C	0.04%
	OSK	C	0.04%
	AMG	B	0.04%
	ZIM	C	0.04%
	UFPI	C	0.04%
	FYBR	C	0.04%
	CNO	B	0.04%
	DOX	D	0.04%
	SLM	A	0.04%
	TMHC	C	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%
	PVH	C	0.04%
	PNW	A	0.04%
	AYI	B	0.04%
	WCC	B	0.04%
	THO	B	0.04%
	EVR	B	0.04%
	OGN	F	0.04%
	JXN	C	0.04%
	MAN	F	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%
	FMC	D	0.03%
	SCI	B	0.03%
	GNTX	C	0.03%
	AAP	D	0.03%
	BTU	B	0.03%
	ITT	A	0.03%
	KBH	D	0.03%
	CW	C	0.03%
	TPH	D	0.03%
	G	B	0.03%
	FLR	B	0.03%
	SNX	D	0.03%
	BC	C	0.03%
	ABG	C	0.03%
	SNV	C	0.03%
	VOYA	B	0.03%
	ARMK	B	0.03%
	CAR	C	0.03%
	OGE	A	0.03%
	GPK	C	0.03%
	HAS	D	0.03%
	FL	F	0.03%
	RRX	B	0.03%
	RL	C	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%
	HUN	F	0.03%
	FHN	A	0.03%
	CMC	B	0.03%
	OLN	F	0.03%
	PBF	D	0.03%
	MTZ	B	0.03%
	SANM	B	0.03%
	NWL	C	0.03%
	HBI	B	0.03%
	GL	C	0.03%
	MLI	B	0.03%
	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%
	ARCH	B	0.02%
	TKR	D	0.02%
	MIDD	C	0.02%
	NSIT	F	0.02%
	KBR	F	0.02%
	POR	C	0.02%
	MKSI	C	0.02%
	VAC	C	0.02%
	ASO	F	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%
	CZR	F	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%
	GXO	B	0.02%
	PENN	C	0.02%
	HOG	D	0.02%
	NOV	C	0.02%
	DCI	B	0.02%
	NVT	B	0.02%
	BECN	B	0.02%
	SKX	D	0.02%
	CC	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%
	GNRC	C	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%
	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 107 Positions Relative to KOKU

	Symbol	Grade	Weight
	NVS	F	-0.3%
	HSBH	B	-0.25%
	UL	D	-0.22%
	PLTR	B	-0.2%
	SHOP	B	-0.19%
	TD	D	-0.15%
	MELI	C	-0.13%
	CRWD	B	-0.11%
	DEO	F	-0.1%
	ABNB	C	-0.09%
	RCL	A	-0.09%
	COIN	C	-0.09%
	FICO	B	-0.09%
	APP	B	-0.09%
	CNI	F	-0.09%
	TTD	B	-0.08%
	DASH	B	-0.08%
	WDAY	B	-0.08%
	MSTR	B	-0.08%
	WCN	A	-0.07%
	LYG	D	-0.07%
	FLUT	A	-0.07%
	BCS	A	-0.07%
	SNOW	B	-0.06%
	VRT	B	-0.06%
	AXON	A	-0.06%
	GOLD	C	-0.05%
	MPWR	F	-0.05%
	ARES	A	-0.05%
	VEEV	C	-0.05%
	E	F	-0.05%
	HUBS	A	-0.05%
	DDOG	A	-0.05%
	TEAM	A	-0.05%
	SE	A	-0.05%
	PTC	B	-0.04%
	NET	B	-0.04%
	TYL	B	-0.04%
	TPL	A	-0.04%
	DXCM	C	-0.04%
	STLA	F	-0.04%
	CSGP	D	-0.04%
	ALNY	D	-0.04%
	PODD	C	-0.03%
	PINS	F	-0.03%
	FDS	B	-0.03%
	TEVA	C	-0.03%
	ZS	B	-0.03%
	MDB	B	-0.03%
	ZM	C	-0.03%
	RBLX	C	-0.03%
	LYV	A	-0.03%
	VLTO	C	-0.03%
	MNDY	C	-0.02%
	TECH	F	-0.02%
	WIX	A	-0.02%
	RPRX	D	-0.02%
	HEI	A	-0.02%
	OKTA	C	-0.02%
	NBIX	C	-0.02%
	SNAP	D	-0.02%
	BMRN	F	-0.02%
	AMH	C	-0.02%
	PAYC	B	-0.02%
	ERIE	D	-0.02%
	LOGI	D	-0.02%
	DAY	B	-0.02%
	CYBR	A	-0.02%
	TOST	B	-0.02%
	ELS	C	-0.02%
	HOOD	B	-0.02%
	TW	A	-0.02%
	INCY	C	-0.02%
	PSTG	D	-0.02%
	ROL	B	-0.02%
	ENTG	D	-0.02%
	DT	D	-0.02%
	DOCU	B	-0.02%
	TWLO	A	-0.02%
	UTHR	C	-0.02%
	HEI	A	-0.02%
	RBA	A	-0.02%
	DKNG	B	-0.02%
	MANH	D	-0.02%
	GLBE	B	-0.01%
	WFG	C	-0.01%
	CELH	F	-0.01%
	H	B	-0.01%
	FUTU	D	-0.01%
	BSY	F	-0.01%
	RIVN	F	-0.01%
	FOX	A	-0.01%
	OTEX	F	-0.01%
	CHRD	D	-0.01%
	ENPH	F	-0.01%
	ROKU	D	-0.01%
	MTCH	D	-0.01%
	BIO	C	-0.01%
	MKTX	D	-0.01%
	EXAS	D	-0.01%
	QGEN	D	-0.01%
	IOT	A	-0.01%
	SMCI	F	-0.01%
	GRAB	A	-0.01%
	WYNN	C	-0.01%
	Z	A	-0.01%
	DOOO	F	-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

KOKU: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Utilities - Regulated Electric Asset Management Semiconductors Software - Infrastructure Capital Markets Oil & Gas E&P Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology Drug Manufacturers - Major REIT - Residential Specialty Chemicals Insurance - Property & Casualty Internet Content & Information Packaged Foods

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