FNDX vs. OPTZ ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Optimize Strategy Index ETF (OPTZ)

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

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

OPTZ

Optimize Strategy Index ETF

OPTZ Description

OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$31.04

Average Daily Volume

7,221

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	OPTZ
30 Days	3.67%	8.47%
60 Days	4.58%	9.68%
90 Days	6.53%	11.36%
12 Months	29.67%

184 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in OPTZ	Overlap
AAPL	C	4.35%	1.06%	1.06%
ACGL	D	0.03%	0.19%	0.03%
ADBE	C	0.2%	0.11%	0.11%
AER	B	0.02%	0.21%	0.02%
AES	F	0.05%	0.04%	0.04%
AIZ	A	0.03%	0.23%	0.03%
ALGN	D	0.02%	0.13%	0.02%
ALL	A	0.27%	0.21%	0.21%
ALV	C	0.02%	0.33%	0.02%
AMAT	F	0.24%	1.0%	0.24%
AMD	F	0.09%	1.03%	0.09%
AMP	A	0.15%	0.25%	0.15%
AMT	D	0.11%	0.07%	0.07%
AMZN	C	1.56%	0.38%	0.38%
ANET	C	0.04%	1.24%	0.04%
AOS	F	0.02%	0.12%	0.02%
APA	D	0.03%	0.05%	0.03%
APD	A	0.13%	0.18%	0.13%
APO	B	0.03%	0.31%	0.03%
APTV	D	0.02%	0.25%	0.02%
ATO	A	0.04%	0.06%	0.04%
AXP	A	0.36%	0.24%	0.24%
BA	F	0.11%	0.11%	0.11%
BAH	F	0.03%	1.02%	0.03%
BAX	D	0.07%	0.11%	0.07%
BFH	B	0.05%	0.21%	0.05%
BG	F	0.1%	0.25%	0.1%
BKR	B	0.16%	0.07%	0.07%
BLK	C	0.28%	0.24%	0.24%
BR	A	0.03%	0.22%	0.03%
BRO	B	0.02%	0.21%	0.02%
BURL	A	0.03%	0.33%	0.03%
CAH	B	0.07%	0.14%	0.07%
CAT	B	0.41%	0.14%	0.14%
CB	C	0.26%	0.19%	0.19%
CBOE	B	0.01%	0.19%	0.01%
CBRE	B	0.13%	0.1%	0.1%
CDNS	B	0.03%	1.21%	0.03%
CE	F	0.03%	0.09%	0.03%
CEG	D	0.1%	0.07%	0.07%
CHD	B	0.04%	0.3%	0.04%
CINF	A	0.07%	0.23%	0.07%
CL	D	0.13%	0.25%	0.13%
CMCSA	B	0.83%	0.64%	0.64%
CME	A	0.08%	0.2%	0.08%
COR	B	0.02%	0.14%	0.02%
COST	B	0.66%	0.29%	0.29%
CPAY	A	0.06%	0.23%	0.06%
CPT	B	0.02%	0.09%	0.02%
CRM	B	0.15%	1.37%	0.15%
CVS	D	0.68%	0.26%	0.26%
DAL	C	0.03%	0.19%	0.03%
DAN	D	0.01%	0.26%	0.01%
DECK	A	0.03%	0.39%	0.03%
DELL	C	0.03%	1.29%	0.03%
DGX	A	0.07%	0.14%	0.07%
DIS	B	0.45%	0.77%	0.45%
DK	C	0.01%	0.05%	0.01%
DKS	C	0.04%	0.29%	0.04%
DLR	B	0.08%	0.11%	0.08%
DPZ	C	0.03%	0.34%	0.03%
DTE	C	0.07%	0.05%	0.05%
DUK	C	0.3%	0.05%	0.05%
DVA	B	0.06%	0.14%	0.06%
EA	A	0.09%	0.66%	0.09%
ECL	D	0.08%	0.15%	0.08%
EFX	F	0.03%	0.11%	0.03%
EIX	B	0.1%	0.05%	0.05%
EME	C	0.06%	0.18%	0.06%
EMN	D	0.08%	0.16%	0.08%
EQIX	A	0.08%	0.1%	0.08%
ETN	A	0.23%	0.15%	0.15%
ETR	B	0.12%	0.06%	0.06%
EXP	A	0.03%	0.18%	0.03%
FDX	B	0.32%	0.13%	0.13%
FFIV	B	0.03%	1.25%	0.03%
FI	A	0.13%	0.25%	0.13%
FSLR	F	0.01%	0.96%	0.01%
FTI	A	0.01%	0.06%	0.01%
GDDY	A	0.03%	1.27%	0.03%
GL	B	0.03%	0.21%	0.03%
GNRC	B	0.02%	0.16%	0.02%
GPC	D	0.05%	0.29%	0.05%
GPN	B	0.09%	0.22%	0.09%
GRMN	B	0.03%	0.37%	0.03%
GS	A	0.62%	0.25%	0.25%
HBI	B	0.03%	0.42%	0.03%
HIG	B	0.14%	0.2%	0.14%
HII	D	0.03%	0.09%	0.03%
HON	B	0.37%	0.15%	0.15%
HUBB	B	0.03%	0.15%	0.03%
IBM	C	0.54%	1.02%	0.54%
ICE	C	0.11%	0.2%	0.11%
ICLR	D	0.01%	0.08%	0.01%
IDXX	F	0.02%	0.11%	0.02%
INTC	D	0.89%	1.31%	0.89%
IQV	D	0.07%	0.11%	0.07%
ISRG	A	0.09%	0.15%	0.09%
JAZZ	B	0.01%	0.15%	0.01%
KKR	A	0.12%	0.25%	0.12%
LAMR	D	0.02%	0.09%	0.02%
LEA	D	0.05%	0.28%	0.05%
LECO	B	0.02%	0.14%	0.02%
LIN	D	0.33%	0.14%	0.14%
LOW	D	0.43%	0.35%	0.35%
LPX	B	0.04%	0.18%	0.04%
LULU	C	0.01%	0.39%	0.01%
LUMN	C	0.65%	0.83%	0.65%
LVS	C	0.04%	0.38%	0.04%
MAR	B	0.09%	0.39%	0.09%
MCD	D	0.34%	0.32%	0.32%
MCO	B	0.07%	0.2%	0.07%
META	D	1.79%	0.65%	0.65%
MLM	B	0.04%	0.17%	0.04%
MOH	F	0.05%	0.12%	0.05%
MSCI	C	0.03%	0.21%	0.03%
MSI	B	0.07%	1.18%	0.07%
NAVI	C	0.02%	0.19%	0.02%
NFLX	A	0.17%	0.73%	0.17%
NOW	A	0.01%	1.27%	0.01%
NRG	B	0.1%	0.06%	0.06%
NVDA	C	0.4%	1.44%	0.4%
ODP	F	0.02%	0.27%	0.02%
OGN	D	0.04%	0.09%	0.04%
ORLY	B	0.11%	0.34%	0.11%
OSK	B	0.04%	0.13%	0.04%
PCAR	B	0.15%	0.15%	0.15%
PEP	F	0.41%	0.26%	0.26%
PGR	A	0.23%	0.21%	0.21%
PH	A	0.13%	0.15%	0.13%
PK	B	0.02%	0.09%	0.02%
PNR	A	0.04%	0.15%	0.04%
PRU	A	0.22%	0.23%	0.22%
PVH	C	0.04%	0.34%	0.04%
PWR	A	0.07%	0.16%	0.07%
RL	B	0.03%	0.39%	0.03%
ROP	B	0.05%	1.0%	0.05%
ROST	C	0.07%	0.29%	0.07%
RSG	A	0.06%	0.12%	0.06%
SBAC	D	0.02%	0.08%	0.02%
SHW	A	0.08%	0.16%	0.08%
SLB	C	0.12%	0.06%	0.06%
SNPS	B	0.03%	1.16%	0.03%
SO	D	0.26%	0.05%	0.05%
SPG	B	0.1%	0.1%	0.1%
SPGI	C	0.15%	0.2%	0.15%
SQ	B	0.03%	0.27%	0.03%
STE	F	0.03%	0.12%	0.03%
STZ	D	0.07%	0.27%	0.07%
SYK	C	0.13%	0.14%	0.13%
T	A	1.27%	0.64%	0.64%
TAP	C	0.05%	0.32%	0.05%
TGT	F	0.38%	0.28%	0.28%
THC	D	0.07%	0.14%	0.07%
TMO	F	0.25%	0.11%	0.11%
TMUS	B	0.25%	0.72%	0.25%
TRGP	B	0.07%	0.07%	0.07%
TROW	B	0.13%	0.24%	0.13%
TRV	B	0.31%	0.22%	0.22%
TSLA	B	0.28%	0.49%	0.28%
TT	A	0.06%	0.15%	0.06%
UHS	D	0.08%	0.11%	0.08%
ULTA	F	0.03%	0.3%	0.03%
UNFI	A	0.01%	0.41%	0.01%
UNH	C	1.22%	0.13%	0.13%
URI	B	0.13%	0.15%	0.13%
V	A	0.36%	0.22%	0.22%
VMC	B	0.05%	0.18%	0.05%
VNO	B	0.05%	0.11%	0.05%
VRSK	A	0.04%	0.13%	0.04%
VRSN	F	0.01%	1.03%	0.01%
VRTX	F	0.07%	0.13%	0.07%
WAB	B	0.06%	0.15%	0.06%
WBA	F	0.17%	0.27%	0.17%
WELL	A	0.1%	0.1%	0.1%
WHR	B	0.08%	0.37%	0.08%
WKC	D	0.08%	0.06%	0.06%
WMB	A	0.17%	0.07%	0.07%
WST	C	0.02%	0.14%	0.02%
WTW	B	0.07%	0.22%	0.07%
WY	D	0.09%	0.09%	0.09%
XYL	D	0.03%	0.12%	0.03%
ZBH	C	0.05%	0.14%	0.05%
ZIM	C	0.04%	0.2%	0.04%

FNDX Overweight 537 Positions Relative to OPTZ

Symbol	Grade	Weight
MSFT	F	2.43%
BRK.A	B	2.17%
JPM	A	2.03%
XOM	B	1.99%
WMT	A	1.47%
WFC	A	1.35%
GOOGL	C	1.33%
BAC	A	1.3%
CVX	A	1.25%
GOOG	C	1.14%
VZ	C	1.13%
C	A	1.1%
JNJ	D	0.89%
CSCO	B	0.82%
HD	A	0.8%
GM	B	0.79%
PG	A	0.77%
PFE	D	0.68%
AVGO	D	0.61%
ORCL	B	0.5%
ABBV	D	0.49%
PM	B	0.48%
COF	B	0.48%
CI	F	0.48%
COP	C	0.48%
MS	A	0.46%
BMY	B	0.45%
QCOM	F	0.43%
MRK	F	0.42%
MPC	D	0.4%
VLO	C	0.39%
AMGN	D	0.39%
MU	D	0.38%
LMT	D	0.37%
MO	A	0.37%
GILD	C	0.37%
PSX	C	0.36%
ACN	C	0.36%
ELV	F	0.36%
CHTR	C	0.35%
KO	D	0.35%
MMM	D	0.35%
UNP	C	0.35%
RTX	C	0.34%
SYF	B	0.34%
ABT	B	0.34%
TXN	C	0.34%
F	C	0.33%
USB	A	0.32%
KR	B	0.3%
PNC	B	0.3%
MA	C	0.29%
AIG	B	0.28%
SBUX	A	0.28%
UPS	C	0.28%
DFS	B	0.26%
MET	A	0.26%
BK	A	0.26%
NEE	D	0.24%
BKNG	A	0.24%
KMI	A	0.23%
TFC	A	0.23%
DE	A	0.23%
EOG	A	0.23%
CSX	B	0.22%
PYPL	B	0.22%
TJX	A	0.22%
ADM	D	0.21%
AFL	B	0.21%
NSC	B	0.21%
HPQ	B	0.21%
GD	F	0.21%
HPE	B	0.21%
MDLZ	F	0.2%
NOC	D	0.2%
TSN	B	0.2%
LLY	F	0.2%
HCA	F	0.2%
CTSH	B	0.19%
HUM	C	0.19%
NKE	D	0.19%
CMI	A	0.19%
CNC	D	0.19%
NUE	C	0.19%
DOW	F	0.18%
EXC	C	0.17%
IP	B	0.17%
EBAY	D	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%
BBY	D	0.16%
LHX	C	0.16%
LEN	D	0.16%
JCI	C	0.16%
MDT	D	0.16%
DHR	F	0.15%
ADP	B	0.15%
LRCX	F	0.15%
ITW	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%
GLW	B	0.14%
SCHW	B	0.13%
FITB	A	0.13%
BX	A	0.13%
ADI	D	0.13%
AON	A	0.13%
SRE	A	0.13%
NEM	D	0.13%
FIS	C	0.12%
ED	D	0.12%
WDC	D	0.12%
CARR	D	0.12%
XEL	A	0.12%
MTB	A	0.11%
PARA	C	0.11%
MCK	B	0.11%
PEG	A	0.11%
BDX	F	0.11%
OXY	D	0.11%
PPL	B	0.11%
INTU	C	0.11%
PHM	D	0.11%
STLD	B	0.11%
GIS	D	0.11%
SYY	B	0.1%
ALLY	C	0.1%
FOXA	B	0.1%
KMB	D	0.1%
VTRS	A	0.1%
REGN	F	0.1%
STT	A	0.1%
KEY	B	0.1%
CFG	B	0.1%
RF	A	0.09%
MRO	B	0.09%
SW	A	0.09%
STX	D	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%
BSX	B	0.09%
APH	A	0.09%
CCI	D	0.09%
LH	C	0.09%
GEHC	F	0.09%
KHC	F	0.09%
ARW	D	0.08%
HBAN	A	0.08%
NTRS	A	0.08%
NVR	D	0.08%
USFD	A	0.08%
CHRW	C	0.08%
VTR	C	0.08%
YUM	B	0.08%
ES	D	0.08%
OMC	C	0.08%
KLAC	D	0.08%
DG	F	0.08%
GWW	B	0.08%
PPG	F	0.08%
WEC	A	0.08%
CTAS	B	0.08%
JLL	D	0.08%
WBD	C	0.08%
K	A	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%
AEE	A	0.07%
NTAP	C	0.07%
EVRG	A	0.07%
R	B	0.07%
PLD	D	0.07%
KDP	D	0.07%
X	C	0.07%
LAD	A	0.07%
ZTS	D	0.07%
PKG	A	0.07%
AVT	C	0.07%
LDOS	C	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%
MGM	D	0.06%
TSCO	D	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%
CCL	B	0.06%
FLEX	A	0.06%
JBL	B	0.06%
IRM	D	0.06%
PFGC	B	0.06%
HLT	A	0.06%
CNP	B	0.06%
HAL	C	0.06%
FNF	B	0.06%
PAYX	C	0.06%
DOV	A	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
KMX	B	0.06%
ACM	A	0.05%
NI	A	0.05%
MNST	C	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%
NXPI	D	0.05%
DLTR	F	0.05%
MCHP	D	0.05%
IVZ	B	0.05%
IFF	D	0.05%
L	A	0.05%
JNPR	F	0.05%
DRI	B	0.05%
AJG	B	0.05%
AN	C	0.05%
BXP	D	0.05%
OTIS	C	0.05%
KD	B	0.05%
AVB	B	0.05%
DXC	B	0.05%
ALSN	B	0.05%
EQH	B	0.05%
TDS	B	0.05%
EQR	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%
RJF	A	0.05%
LKQ	D	0.05%
SJM	D	0.05%
PSA	D	0.05%
LNC	B	0.05%
KVUE	A	0.05%
A	D	0.05%
O	D	0.04%
FBIN	D	0.04%
UBER	D	0.04%
BCC	B	0.04%
GAP	C	0.04%
EXPE	B	0.04%
SSNC	B	0.04%
TER	D	0.04%
AVY	D	0.04%
AMG	B	0.04%
IPG	D	0.04%
KEYS	A	0.04%
UFPI	B	0.04%
FYBR	D	0.04%
RPM	A	0.04%
CMG	B	0.04%
HSY	F	0.04%
CNO	A	0.04%
ON	D	0.04%
HST	C	0.04%
CLX	B	0.04%
DOX	D	0.04%
CRBG	B	0.04%
EXPD	D	0.04%
SLM	A	0.04%
TMHC	B	0.04%
CCK	C	0.04%
WAT	B	0.04%
ZBRA	B	0.04%
GT	C	0.04%
RGA	A	0.04%
SWKS	F	0.04%
HOLX	D	0.04%
RHI	B	0.04%
HSIC	B	0.04%
AWK	D	0.04%
EW	C	0.04%
LNT	A	0.04%
GEN	B	0.04%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	0.04%
LPLA	A	0.04%
NWSA	B	0.04%
PNW	B	0.04%
BEN	C	0.04%
AYI	B	0.04%
WCC	B	0.04%
THO	B	0.04%
KNX	B	0.04%
WSM	B	0.04%
EVR	B	0.04%
JXN	C	0.04%
MAN	D	0.04%
EQT	B	0.04%
GEV	B	0.04%
MRVL	B	0.04%
UGI	A	0.04%
CDW	F	0.04%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
PRI	A	0.03%
INVH	D	0.03%
AR	B	0.03%
FMC	D	0.03%
SCI	B	0.03%
IEX	B	0.03%
ACI	C	0.03%
MRNA	F	0.03%
TDY	B	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%
BBWI	D	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%
ARE	D	0.03%
ALB	C	0.03%
SEIC	B	0.03%
KIM	A	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
MTD	D	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
CPB	D	0.03%
CAR	C	0.03%
OGE	B	0.03%
GPK	C	0.03%
HAS	D	0.03%
EXR	D	0.03%
AKAM	D	0.03%
FL	F	0.03%
RRX	B	0.03%
AGCO	D	0.03%
CACI	D	0.03%
ESS	B	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
HRL	D	0.03%
EWBC	A	0.03%
NDAQ	A	0.03%
WU	D	0.03%
TRMB	B	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
MAA	B	0.03%
CG	A	0.03%
HUN	F	0.03%
FHN	A	0.03%
CTRA	B	0.03%
EL	F	0.03%
CMC	B	0.03%
DOC	D	0.03%
OLN	D	0.03%
IT	C	0.03%
PANW	C	0.03%
FTV	C	0.03%
WSO	A	0.03%
RMD	C	0.03%
IR	B	0.03%
PBF	D	0.03%
MTZ	B	0.03%
WRB	A	0.03%
ADSK	A	0.03%
MKC	D	0.03%
SANM	B	0.03%
FTNT	C	0.03%
NWL	B	0.03%
MLI	C	0.03%
WLK	D	0.02%
MDU	D	0.02%
MTN	C	0.02%
EG	C	0.02%
COHR	B	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%
TFX	F	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	B	0.02%
TTC	D	0.02%
UHAL	D	0.02%
XRX	F	0.02%
WPC	D	0.02%
ASO	F	0.02%
GLPI	C	0.02%
WERN	C	0.02%
LW	C	0.02%
OI	C	0.02%
POST	C	0.02%
NFG	A	0.02%
ANSS	B	0.02%
ASGN	F	0.02%
SM	B	0.02%
NDSN	B	0.02%
CZR	F	0.02%
CCEP	C	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%
EPAM	C	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%
JKHY	D	0.02%
HOG	D	0.02%
POOL	C	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	D	0.02%
REG	B	0.02%
BRX	A	0.02%
UDR	B	0.02%
VICI	C	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	B	0.02%
SON	D	0.02%
AXTA	A	0.02%
LUV	C	0.02%
SOLV	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%
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%
BLD	D	0.01%
TNL	A	0.01%
PRGO	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
ALLE	D	0.01%
JWN	C	0.01%
HRB	D	0.01%
XRAY	F	0.01%
HTZ	C	0.01%
CRI	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 137 Positions Relative to OPTZ

Symbol	Grade	Weight
APP	B	-2.03%
CRWD	B	-1.37%
TTMI	B	-1.36%
QLYS	C	-1.22%
BHE	B	-1.2%
ITRI	B	-1.19%
WIX	B	-1.15%
INFN	C	-1.11%
VZIO	A	-1.04%
DJT	C	-0.93%
CRUS	D	-0.8%
IDCC	A	-0.78%
ACLS	F	-0.78%
RNG	B	-0.72%
ZM	B	-0.71%
EAT	A	-0.55%
CVNA	B	-0.55%
AMC	C	-0.54%
NPAB	B	-0.52%
WWW	B	-0.48%
NCLH	B	-0.48%
RCL	A	-0.47%
COIN	C	-0.42%
WOOF	D	-0.42%
SIG	B	-0.39%
ANF	C	-0.36%
SBH	C	-0.36%
WYNN	D	-0.36%
BZH	B	-0.35%
PCT	C	-0.34%
FIVE	F	-0.34%
CHDN	B	-0.32%
YETI	C	-0.31%
ENR	B	-0.31%
ETSY	D	-0.3%
LC	A	-0.28%
LNW	D	-0.28%
DOLE	D	-0.27%
MELI	D	-0.27%
AX	A	-0.26%
CAL	D	-0.25%
ARES	A	-0.24%
CROX	D	-0.24%
BHF	B	-0.24%
AGO	B	-0.23%
EWTX	C	-0.23%
PRG	C	-0.22%
SIGI	C	-0.22%
COOP	B	-0.22%
LBPH	A	-0.22%
NATL	B	-0.21%
AXON	A	-0.21%
VRT	B	-0.21%
LDI	C	-0.2%
STRL	B	-0.2%
MKTX	D	-0.2%
CRS	A	-0.2%
GATO	D	-0.2%
RNR	C	-0.2%
PMT	D	-0.19%
FIX	A	-0.18%
GTLS	B	-0.18%
PAYC	B	-0.18%
XPO	B	-0.18%
SKYW	B	-0.18%
HQY	B	-0.17%
JBLU	F	-0.17%
AVNT	B	-0.17%
HASI	D	-0.17%
PEN	B	-0.16%
DOCU	A	-0.16%
PCTY	B	-0.16%
AIT	A	-0.16%
ACHR	B	-0.16%
INCY	C	-0.16%
VERA	B	-0.16%
ESTC	C	-0.15%
GFF	A	-0.15%
PEGA	A	-0.15%
TPC	C	-0.15%
SAIA	B	-0.15%
PODD	C	-0.15%
CLOV	D	-0.15%
PHIN	A	-0.14%
STGW	B	-0.14%
MRC	B	-0.14%
UTHR	C	-0.14%
LIVN	F	-0.14%
AKRO	B	-0.14%
REVG	B	-0.14%
WDAY	B	-0.13%
BV	B	-0.13%
NBIX	C	-0.13%
SAVA	D	-0.13%
PBI	B	-0.13%
WWD	B	-0.13%
ASH	D	-0.13%
MANH	D	-0.13%
AHCO	F	-0.12%
SHC	F	-0.12%
KRYS	B	-0.12%
RPRX	D	-0.12%
ETNB	C	-0.12%
DAWN	F	-0.12%
COGT	D	-0.11%
SRPT	D	-0.11%
SNDX	F	-0.11%
KURA	F	-0.11%
DYN	F	-0.11%
UNIT	B	-0.1%
RHP	B	-0.1%
CGEM	F	-0.1%
LNTH	D	-0.1%
EXPI	C	-0.1%
OMI	F	-0.1%
PEB	D	-0.09%
NEXT	B	-0.09%
ELS	C	-0.09%
SBRA	C	-0.09%
NMRK	B	-0.09%
REXR	F	-0.08%
NVRI	F	-0.08%
RDFN	D	-0.08%
EGP	F	-0.08%
TDW	F	-0.08%
PRIM	A	-0.08%
KNTK	B	-0.07%
BKD	D	-0.07%
DTM	B	-0.07%
OII	B	-0.06%
WHD	B	-0.06%
SANA	F	-0.06%
VAL	D	-0.05%
WFRD	D	-0.05%
SWX	B	-0.05%
NFE	D	-0.04%
HE	C	-0.04%