FNDX vs. QRFT ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)

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

$67.24

Average Daily Volume

402,952

Number of Holdings ^*

710

* may have additional holdings in another (foreign) market

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.21

Average Daily Volume

1,479

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	QRFT
30 Days	0.98%	4.17%
60 Days	3.38%	9.69%
90 Days	0.12%	6.03%
12 Months	21.47%	29.86%

260 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in QRFT	Overlap
	AAPL	B	4.36%	9.44%	4.36%
	ABBV	B	0.53%	1.03%	0.53%
	ABT	C	0.3%	0.63%	0.3%
	ACI	F	0.01%	0.07%	0.01%
	ACM	C	0.04%	0.08%	0.04%
	ACN	C	0.27%	0.63%	0.27%
	ADBE	C	0.19%	0.82%	0.19%
	ADI	B	0.14%	0.4%	0.14%
	ADP	B	0.13%	0.35%	0.13%
	ADSK	B	0.03%	0.14%	0.03%
	AFG	D	0.04%	0.07%	0.04%
	AGCO	F	0.03%	0.06%	0.03%
	AKAM	F	0.03%	0.08%	0.03%
	ALGN	F	0.02%	0.05%	0.02%
	ALL	C	0.28%	0.12%	0.12%
	ALLY	B	0.13%	0.08%	0.08%
	ALV	D	0.04%	0.06%	0.04%
	AMAT	B	0.36%	0.72%	0.36%
	AMD	B	0.09%	0.9%	0.09%
	AMGN	B	0.48%	0.56%	0.48%
	AMT	C	0.12%	0.06%	0.06%
	AMZN	B	1.43%	4.91%	1.43%
	ANET	B	0.04%	0.07%	0.04%
	ANSS	D	0.02%	0.07%	0.02%
	AON	C	0.11%	0.2%	0.11%
	AOS	D	0.03%	0.07%	0.03%
	APH	B	0.1%	0.06%	0.06%
	ARW	C	0.08%	0.06%	0.06%
	AVGO	C	0.82%	2.79%	0.82%
	AVY	B	0.05%	0.1%	0.05%
	AXP	C	0.37%	0.08%	0.08%
	AYI	D	0.04%	0.06%	0.04%
	AZO	B	0.06%	0.14%	0.06%
	BA	D	0.16%	0.38%	0.16%
	BAH	B	0.04%	0.05%	0.04%
	BAX	D	0.07%	0.09%	0.07%
	BDX	D	0.11%	0.27%	0.11%
	BIIB	C	0.12%	0.08%	0.08%
	BK	B	0.24%	0.12%	0.12%
	BKNG	A	0.22%	0.46%	0.22%
	BKR	B	0.14%	0.08%	0.08%
	BLK	B	0.24%	0.07%	0.07%
	BMY	D	0.27%	0.27%	0.27%
	BRK.A	B	2.18%	0.22%	0.22%
	BSX	A	0.09%	0.07%	0.07%
	BWA	F	0.05%	0.06%	0.05%
	BX	B	0.1%	0.06%	0.06%
	BXP	B	0.04%	0.07%	0.04%
	CAG	C	0.06%	0.08%	0.06%
	CAH	B	0.07%	0.06%	0.06%
	CAT	C	0.4%	0.59%	0.4%
	CB	B	0.28%	0.06%	0.06%
	CBRE	C	0.09%	0.07%	0.07%
	CDNS	B	0.04%	0.3%	0.04%
	CFG	C	0.1%	0.09%	0.09%
	CHKP	B	0.03%	0.1%	0.03%
	CHRW	B	0.06%	0.07%	0.06%
	CI	C	0.51%	0.33%	0.33%
	CIEN	D	0.02%	0.06%	0.02%
	CL	A	0.16%	0.27%	0.16%
	CLX	D	0.03%	0.09%	0.03%
	CMCSA	D	0.69%	0.48%	0.48%
	CME	D	0.07%	0.25%	0.07%
	CMG	B	0.05%	0.06%	0.05%
	CMI	C	0.17%	0.1%	0.1%
	CNC	D	0.22%	0.1%	0.1%
	COP	D	0.43%	0.07%	0.07%
	COST	B	0.75%	0.07%	0.07%
	CRM	D	0.11%	0.82%	0.11%
	CSCO	C	0.7%	0.64%	0.64%
	CSL	B	0.06%	0.04%	0.04%
	CSX	D	0.21%	0.26%	0.21%
	CTLT	B	0.02%	0.07%	0.02%
	CTVA	C	0.08%	0.1%	0.08%
	CVX	C	1.18%	0.05%	0.05%
	DD	B	0.19%	0.09%	0.09%
	DE	D	0.21%	0.37%	0.21%
	DGX	B	0.07%	0.09%	0.07%
	DHR	C	0.16%	0.09%	0.09%
	DOW	D	0.21%	0.11%	0.11%
	DOX	D	0.03%	0.06%	0.03%
	DPZ	B	0.05%	0.1%	0.05%
	DUK	C	0.3%	0.06%	0.06%
	EA	B	0.08%	0.09%	0.08%
	EBAY	B	0.18%	0.06%	0.06%
	EL	F	0.05%	0.06%	0.05%
	ELV	B	0.5%	0.07%	0.07%
	EMN	C	0.08%	0.08%	0.08%
	EQR	A	0.05%	0.06%	0.05%
	ESS	B	0.03%	0.1%	0.03%
	ETN	D	0.26%	0.07%	0.07%
	EXPE	B	0.03%	0.09%	0.03%
	F	C	0.35%	0.12%	0.12%
	FFIV	D	0.03%	0.07%	0.03%
	FIS	B	0.14%	0.12%	0.12%
	FNF	D	0.06%	0.08%	0.06%
	FTI	C	0.02%	0.07%	0.02%
	FTNT	F	0.02%	0.14%	0.02%
	GD	B	0.24%	0.06%	0.06%
	GDDY	A	0.02%	0.1%	0.02%
	GE	D	0.2%	0.59%	0.2%
	GILD	C	0.26%	0.3%	0.26%
	GIS	C	0.12%	0.1%	0.1%
	GLW	A	0.14%	0.09%	0.09%
	GM	B	0.77%	0.15%	0.15%
	GOOGL	A	1.42%	6.03%	1.42%
	GRMN	B	0.05%	0.08%	0.05%
	GS	B	0.59%	0.07%	0.07%
	HAS	C	0.03%	0.07%	0.03%
	HD	C	0.76%	0.06%	0.06%
	HLT	A	0.06%	0.14%	0.06%
	HOLX	D	0.04%	0.09%	0.04%
	HON	A	0.37%	0.47%	0.37%
	HPE	B	0.24%	0.06%	0.06%
	HPQ	B	0.22%	0.09%	0.09%
	HRB	A	0.02%	0.06%	0.02%
	IBM	B	0.52%	0.54%	0.52%
	ICE	A	0.11%	0.06%	0.06%
	IFF	B	0.06%	0.06%	0.06%
	ILMN	D	0.02%	0.1%	0.02%
	INTC	F	0.91%	0.43%	0.43%
	INTU	C	0.1%	0.58%	0.1%
	IP	A	0.15%	0.09%	0.09%
	IRM	A	0.06%	0.06%	0.06%
	ISRG	A	0.08%	0.08%	0.08%
	ITW	D	0.15%	0.25%	0.15%
	IVZ	C	0.04%	0.06%	0.04%
	JAZZ	F	0.02%	0.06%	0.02%
	JEF	B	0.05%	0.07%	0.05%
	JNJ	F	0.88%	1.26%	0.88%
	JNPR	B	0.05%	0.08%	0.05%
	K	D	0.05%	0.1%	0.05%
	KBR	C	0.02%	0.06%	0.02%
	KD	B	0.06%	0.06%	0.06%
	KEY	C	0.09%	0.08%	0.08%
	KEYS	D	0.03%	0.06%	0.03%
	KHC	D	0.1%	0.1%	0.1%
	KKR	B	0.12%	0.07%	0.07%
	KLAC	B	0.12%	0.39%	0.12%
	KO	A	0.39%	0.05%	0.05%
	KR	D	0.29%	0.09%	0.09%
	L	C	0.05%	0.09%	0.05%
	LDOS	A	0.08%	0.04%	0.04%
	LEA	F	0.06%	0.06%	0.06%
	LHX	A	0.16%	0.12%	0.12%
	LIN	B	0.33%	0.09%	0.09%
	LLY	A	0.27%	2.9%	0.27%
	LMT	A	0.32%	0.38%	0.32%
	LOW	D	0.38%	0.48%	0.38%
	LRCX	B	0.24%	0.52%	0.24%
	LYB	C	0.16%	0.08%	0.08%
	MA	C	0.27%	1.42%	0.27%
	MAA	B	0.03%	0.09%	0.03%
	MAR	B	0.09%	0.22%	0.09%
	MCD	D	0.3%	0.08%	0.08%
	MCK	A	0.12%	0.27%	0.12%
	MDLZ	D	0.21%	0.3%	0.21%
	MDT	D	0.34%	0.41%	0.34%
	MET	C	0.26%	0.15%	0.15%
	META	B	1.91%	3.83%	1.91%
	MGM	B	0.06%	0.08%	0.06%
	MHK	D	0.06%	0.06%	0.06%
	MKSI	B	0.02%	0.07%	0.02%
	MMC	B	0.14%	0.06%	0.06%
	MMM	B	0.32%	0.16%	0.16%
	MO	A	0.34%	0.27%	0.27%
	MPC	C	0.44%	0.21%	0.21%
	MRK	A	0.59%	1.14%	0.59%
	MRNA	C	0.07%	0.16%	0.07%
	MRVL	C	0.04%	0.19%	0.04%
	MS	B	0.36%	0.08%	0.08%
	MSCI	C	0.02%	0.11%	0.02%
	MSFT	A	2.72%	9.23%	2.72%
	MSI	A	0.06%	0.19%	0.06%
	MTD	B	0.04%	0.09%	0.04%
	MTN	F	0.01%	0.06%	0.01%
	MU	C	0.69%	0.59%	0.59%
	NEE	B	0.26%	0.07%	0.07%
	NFLX	B	0.15%	1.0%	0.15%
	NKE	C	0.21%	0.37%	0.21%
	NOC	F	0.18%	0.22%	0.18%
	NOW	B	0.02%	0.52%	0.02%
	NRG	B	0.12%	0.09%	0.09%
	NTAP	B	0.1%	0.06%	0.06%
	NTRS	D	0.07%	0.09%	0.07%
	NVDA	C	0.48%	0.81%	0.48%
	NWSA	A	0.04%	0.09%	0.04%
	NXPI	B	0.13%	0.24%	0.13%
	OLN	D	0.03%	0.06%	0.03%
	ORCL	B	0.43%	1.37%	0.43%
	ORI	C	0.04%	0.06%	0.04%
	ORLY	B	0.1%	0.18%	0.1%
	OTIS	C	0.05%	0.11%	0.05%
	PANW	B	0.03%	0.07%	0.03%
	PEP	C	0.43%	0.82%	0.43%
	PFE	C	0.66%	0.5%	0.5%
	PFG	C	0.08%	0.1%	0.08%
	PG	A	0.84%	1.37%	0.84%
	PLD	C	0.07%	0.07%	0.07%
	PM	A	0.43%	0.55%	0.43%
	PYPL	D	0.16%	0.22%	0.16%
	QCOM	C	0.69%	0.84%	0.69%
	QRVO	B	0.05%	0.08%	0.05%
	REGN	A	0.14%	0.4%	0.14%
	RHI	D	0.03%	0.06%	0.03%
	RL	B	0.03%	0.06%	0.03%
	ROK	D	0.05%	0.08%	0.05%
	RTX	C	0.33%	0.48%	0.33%
	SBUX	F	0.21%	0.06%	0.06%
	SCHW	C	0.13%	0.07%	0.07%
	SCI	B	0.02%	0.07%	0.02%
	SHW	D	0.07%	0.06%	0.06%
	SJM	F	0.06%	0.08%	0.06%
	SNPS	B	0.04%	0.32%	0.04%
	SNX	C	0.03%	0.07%	0.03%
	SO	B	0.26%	0.06%	0.06%
	SPG	B	0.11%	0.14%	0.11%
	SPGI	B	0.12%	0.07%	0.07%
	SQ	D	0.02%	0.09%	0.02%
	SSNC	B	0.03%	0.09%	0.03%
	ST	D	0.02%	0.05%	0.02%
	STT	C	0.09%	0.05%	0.05%
	STX	B	0.11%	0.05%	0.05%
	SWK	D	0.07%	0.08%	0.07%
	SYF	B	0.28%	0.09%	0.09%
	SYK	B	0.13%	0.46%	0.13%
	TDG	B	0.09%	0.05%	0.05%
	TDY	D	0.02%	0.1%	0.02%
	TER	B	0.06%	0.05%	0.05%
	TFC	C	0.21%	0.14%	0.14%
	TJX	A	0.23%	0.07%	0.07%
	TMO	D	0.27%	0.8%	0.27%
	TSLA	C	0.12%	0.12%	0.12%
	TSN	C	0.19%	0.09%	0.09%
	TT	B	0.12%	0.3%	0.12%
	TTWO	B	0.02%	0.06%	0.02%
	TXN	B	0.36%	0.08%	0.08%
	TXT	D	0.06%	0.09%	0.06%
	UBER	B	0.04%	0.51%	0.04%
	UNH	D	1.01%	0.09%	0.09%
	UNM	C	0.05%	0.06%	0.05%
	UNP	D	0.37%	0.07%	0.07%
	V	C	0.35%	0.08%	0.08%
	VOYA	B	0.03%	0.06%	0.03%
	VRSK	A	0.04%	0.1%	0.04%
	VRSN	C	0.01%	0.1%	0.01%
	VRTX	B	0.07%	0.43%	0.07%
	VTR	A	0.07%	0.05%	0.05%
	VTRS	D	0.08%	0.08%	0.08%
	WAB	D	0.06%	0.07%	0.06%
	WDC	B	0.19%	0.06%	0.06%
	WM	B	0.16%	0.32%	0.16%
	WMT	B	1.33%	1.74%	1.33%
	WRK	D	0.13%	0.08%	0.08%
	WTW	B	0.06%	0.07%	0.06%
	XOM	C	1.92%	0.1%	0.1%
	ZBH	D	0.05%	0.05%	0.05%
	ZBRA	C	0.03%	0.09%	0.03%
	ZION	C	0.05%	0.06%	0.05%
	ZTS	C	0.07%	0.06%	0.06%

FNDX Overweight 450 Positions Relative to QRFT

	Symbol	Grade	Weight
	JPM	B	2.01%
	BAC	B	1.38%
	WFC	D	1.36%
	VZ	B	1.27%
	GOOG	A	1.25%
	C	C	1.23%
	T	A	1.21%
	CVS	D	0.66%
	DIS	C	0.44%
	VLO	C	0.43%
	COF	D	0.41%
	PSX	C	0.4%
	TGT	C	0.38%
	AIG	C	0.31%
	USB	C	0.29%
	FDX	C	0.29%
	TRV	D	0.28%
	PNC	D	0.27%
	PRU	A	0.26%
	CHTR	C	0.26%
	UPS	F	0.25%
	PGR	C	0.24%
	WBA	F	0.23%
	HCA	A	0.23%
	DFS	B	0.22%
	TMUS	B	0.21%
	ADM	F	0.21%
	EOG	C	0.2%
	HUM	C	0.2%
	BBY	B	0.19%
	KMI	A	0.19%
	NUE	F	0.19%
	AFL	A	0.19%
	NSC	D	0.18%
	NEM	B	0.17%
	EMR	D	0.17%
	D	D	0.17%
	CTSH	C	0.16%
	EXC	D	0.16%
	AEP	D	0.16%
	LEN	D	0.16%
	FCX	C	0.16%
	HIG	A	0.15%
	DHI	D	0.15%
	PCAR	D	0.15%
	JCI	B	0.15%
	VST	B	0.15%
	WMB	A	0.14%
	CEG	B	0.13%
	TROW	B	0.13%
	AMP	A	0.13%
	OXY	C	0.13%
	OKE	B	0.12%
	KMB	B	0.12%
	ED	D	0.12%
	URI	C	0.12%
	CARR	B	0.12%
	FITB	C	0.12%
	DG	D	0.12%
	SLB	C	0.12%
	PPL	C	0.11%
	PEG	B	0.11%
	PH	D	0.11%
	APD	C	0.11%
	PHM	D	0.11%
	SRE	B	0.11%
	TEL	B	0.11%
	ECL	A	0.1%
	LUMN	F	0.1%
	SYY	C	0.1%
	STLD	D	0.1%
	BG	B	0.1%
	YUM	D	0.09%
	CCI	D	0.09%
	PARA	F	0.09%
	FE	D	0.09%
	EIX	D	0.09%
	UHS	B	0.09%
	MTB	C	0.09%
	XEL	D	0.09%
	ETR	D	0.09%
	WELL	B	0.09%
	ES	D	0.08%
	FOXA	A	0.08%
	KSS	C	0.08%
	KDP	A	0.08%
	OMC	D	0.08%
	IQV	D	0.08%
	DTE	D	0.08%
	THC	B	0.08%
	RS	D	0.08%
	JLL	B	0.08%
	DLR	B	0.08%
	STZ	B	0.08%
	X	F	0.08%
	AVT	B	0.08%
	MRO	B	0.08%
	ROST	A	0.08%
	WY	F	0.08%
	CTAS	A	0.08%
	PPG	D	0.08%
	DVN	C	0.08%
	LNC	B	0.07%
	TSCO	C	0.07%
	CNP	B	0.07%
	DVA	B	0.07%
	NVR	C	0.07%
	DLTR	F	0.07%
	RSG	A	0.07%
	USFD	A	0.07%
	RF	C	0.07%
	OC	C	0.07%
	M	C	0.07%
	WEC	D	0.07%
	MCO	A	0.07%
	AES	D	0.07%
	HAL	D	0.07%
	CE	D	0.07%
	WSM	C	0.07%
	GWW	D	0.07%
	OGN	B	0.07%
	PWR	B	0.07%
	EQIX	D	0.07%
	GPC	D	0.06%
	AEE	D	0.06%
	CMS	D	0.06%
	CASY	B	0.06%
	GPS	C	0.06%
	OMF	D	0.06%
	AA	C	0.06%
	PAYX	B	0.06%
	ACGL	A	0.06%
	WHR	F	0.06%
	R	B	0.06%
	HWM	B	0.06%
	JBL	F	0.06%
	HBAN	C	0.06%
	A	C	0.06%
	ZIM	B	0.06%
	GPN	F	0.06%
	FLEX	C	0.06%
	KMX	C	0.06%
	CDW	D	0.06%
	APTV	F	0.06%
	FAST	D	0.06%
	CINF	C	0.06%
	EME	B	0.06%
	EVRG	D	0.06%
	MCHP	D	0.06%
	BALL	D	0.06%
	DOV	B	0.06%
	PKG	B	0.06%
	MUSA	A	0.05%
	BAP	C	0.05%
	EW	B	0.05%
	LAD	F	0.05%
	RGA	B	0.05%
	FANG	C	0.05%
	HES	C	0.05%
	VMC	D	0.05%
	PFGC	C	0.05%
	CHD	C	0.05%
	MKL	C	0.05%
	AJG	B	0.05%
	AME	D	0.05%
	MLM	D	0.05%
	CNH	F	0.05%
	LKQ	F	0.05%
	WBD	F	0.05%
	EQH	A	0.05%
	TOL	D	0.05%
	PVH	C	0.05%
	MOS	D	0.05%
	SWKS	B	0.05%
	PSA	B	0.05%
	AVB	A	0.05%
	CF	D	0.05%
	OVV	D	0.05%
	CCL	B	0.05%
	MAN	D	0.05%
	AN	D	0.05%
	DINO	D	0.05%
	MAS	D	0.05%
	CMA	C	0.05%
	GEV	B	0.05%
	ROP	A	0.05%
	TRGP	A	0.05%
	DKS	B	0.05%
	J	D	0.05%
	HUN	D	0.04%
	LPX	C	0.04%
	FAF	D	0.04%
	APA	D	0.04%
	EG	B	0.04%
	IPG	F	0.04%
	WSO	B	0.04%
	VNO	B	0.04%
	LNT	C	0.04%
	JBHT	F	0.04%
	WAT	D	0.04%
	TPR	C	0.04%
	LPLA	B	0.04%
	DOC	B	0.04%
	BERY	C	0.04%
	O	D	0.04%
	EVR	B	0.04%
	MNST	D	0.04%
	EXR	B	0.04%
	AER	A	0.04%
	DECK	C	0.04%
	SLM	C	0.04%
	QRTEA	F	0.04%
	HSY	D	0.04%
	BBWI	D	0.04%
	PNW	C	0.04%
	NI	B	0.04%
	OSK	D	0.04%
	WU	D	0.04%
	CCEP	A	0.04%
	ODFL	D	0.04%
	SFM	A	0.04%
	GT	F	0.04%
	INGR	D	0.04%
	GPI	C	0.04%
	HSIC	D	0.04%
	HST	D	0.04%
	ALSN	C	0.04%
	TDS	C	0.04%
	UGI	D	0.04%
	AAP	F	0.04%
	RJF	C	0.04%
	AWK	C	0.04%
	DXC	C	0.04%
	DRI	C	0.04%
	HII	C	0.04%
	TAP	F	0.04%
	SOLV	F	0.04%
	MOH	F	0.04%
	SNA	D	0.04%
	LNG	B	0.04%
	APO	A	0.04%
	CPAY	D	0.04%
	BEN	D	0.04%
	XYL	C	0.04%
	VFC	C	0.04%
	NSIT	B	0.03%
	BC	F	0.03%
	EWBC	C	0.03%
	SWN	D	0.03%
	IDXX	D	0.03%
	ICLR	B	0.03%
	CW	B	0.03%
	KIM	B	0.03%
	CPRT	C	0.03%
	NOV	C	0.03%
	FLR	B	0.03%
	AIZ	D	0.03%
	PCG	C	0.03%
	JWN	C	0.03%
	TRMB	D	0.03%
	CG	D	0.03%
	DAL	D	0.03%
	FYBR	B	0.03%
	ITT	D	0.03%
	RRX	F	0.03%
	ETRN	C	0.03%
	XRX	F	0.03%
	JHG	B	0.03%
	FHN	C	0.03%
	NDAQ	C	0.03%
	PK	D	0.03%
	ULTA	D	0.03%
	CMC	C	0.03%
	KBH	B	0.03%
	OGE	C	0.03%
	TPH	D	0.03%
	HBI	C	0.03%
	AR	B	0.03%
	BURL	A	0.03%
	ARMK	A	0.03%
	SKX	B	0.03%
	NVT	C	0.03%
	STE	D	0.03%
	SEE	C	0.03%
	INVH	A	0.03%
	SON	D	0.03%
	NXST	C	0.03%
	GNW	D	0.03%
	FSLR	C	0.03%
	LULU	F	0.03%
	IT	B	0.03%
	ARE	C	0.03%
	CLF	F	0.03%
	EFX	C	0.03%
	MTH	D	0.03%
	IR	C	0.03%
	LII	B	0.03%
	FL	B	0.03%
	WCC	D	0.03%
	MKC	D	0.03%
	TMHC	D	0.03%
	CCK	D	0.03%
	PBF	D	0.03%
	GPK	C	0.03%
	CACI	A	0.03%
	UFPI	D	0.03%
	CPB	D	0.03%
	FTV	D	0.03%
	GNTX	D	0.03%
	HRL	F	0.03%
	AMG	C	0.03%
	KNX	C	0.03%
	BCC	D	0.03%
	BPOP	C	0.03%
	JXN	B	0.03%
	RMD	D	0.03%
	MTZ	B	0.03%
	CNO	C	0.03%
	GEHC	C	0.03%
	THO	F	0.03%
	ATO	B	0.03%
	PNR	D	0.03%
	RPM	C	0.03%
	BR	B	0.03%
	SANM	B	0.03%
	LVS	F	0.03%
	ON	D	0.03%
	SLG	B	0.03%
	HUBB	D	0.03%
	WRB	B	0.03%
	PENN	C	0.02%
	DK	D	0.02%
	MSM	D	0.02%
	CYH	F	0.02%
	GXO	F	0.02%
	WTRG	C	0.02%
	CRL	F	0.02%
	VSH	F	0.02%
	LW	C	0.02%
	SBAC	F	0.02%
	MIDD	D	0.02%
	ADNT	F	0.02%
	WERN	F	0.02%
	BLDR	F	0.02%
	TGNA	D	0.02%
	CHE	D	0.02%
	FCNCA	D	0.02%
	UHAL	D	0.02%
	POR	C	0.02%
	WST	F	0.02%
	DAR	D	0.02%
	RUSHA	D	0.02%
	XRAY	F	0.02%
	CRI	F	0.02%
	TFX	D	0.02%
	EQT	D	0.02%
	MPW	C	0.02%
	SPTN	F	0.02%
	LILAK	B	0.02%
	HUBG	B	0.02%
	GLPI	C	0.02%
	ASO	F	0.02%
	WLK	D	0.02%
	CBOE	D	0.02%
	FLO	C	0.02%
	VICI	D	0.02%
	LECO	F	0.02%
	WPC	D	0.02%
	CPRI	F	0.02%
	NFG	C	0.02%
	MMS	B	0.02%
	G	D	0.02%
	GNRC	D	0.02%
	GGG	D	0.02%
	ASGN	D	0.02%
	REZI	D	0.02%
	TPX	D	0.02%
	NDSN	D	0.02%
	ODP	F	0.02%
	BECN	C	0.02%
	DAN	F	0.02%
	TKR	D	0.02%
	ALB	F	0.02%
	POOL	F	0.02%
	AEO	C	0.02%
	UNFI	C	0.02%
	BTU	D	0.02%
	CNX	C	0.02%
	BRX	B	0.02%
	NAVI	F	0.02%
	AVTR	D	0.02%
	TNL	B	0.02%
	PAG	D	0.02%
	TRU	C	0.02%
	SUI	C	0.02%
	POST	C	0.02%
	AL	C	0.02%
	STWD	D	0.02%
	CPT	A	0.02%
	SM	C	0.02%
	TTC	C	0.02%
	REG	B	0.02%
	JKHY	C	0.02%
	PII	F	0.02%
	EXP	D	0.02%
	PRI	B	0.02%
	ALLE	D	0.02%
	THG	D	0.02%
	MUR	D	0.02%
	BLD	D	0.02%
	ATR	C	0.02%
	CAR	D	0.02%
	GL	C	0.02%
	SNV	C	0.02%
	LUV	B	0.02%
	UDR	B	0.02%
	DCI	D	0.02%
	MTG	B	0.02%
	SEIC	C	0.02%
	ABG	C	0.02%
	LAMR	B	0.02%
	IEX	D	0.02%
	SAIC	D	0.02%
	AXTA	C	0.02%
	ABM	B	0.02%
	LSTR	B	0.02%
	PRGO	F	0.02%
	BRO	B	0.02%
	EHC	B	0.02%
	MDU	A	0.02%
	HOG	F	0.02%
	CRBG	B	0.02%
	CC	F	0.02%
	BJ	A	0.02%
	FMC	D	0.02%
	NWL	F	0.02%
	MLI	C	0.02%
	BIG	F	0.01%
	NYCB	F	0.01%
	EPAM	D	0.01%
	LEG	F	0.01%
	CHK	D	0.01%
	DBX	D	0.01%
	ARCH	D	0.01%
	OI	F	0.01%
	ANDE	D	0.01%
	CZR	C	0.01%
	VAC	F	0.01%
	UHAL	D	0.0%
	HTZ	F	0.0%

FNDX Underweight 79 Positions Relative to QRFT

	Symbol	Grade	Weight
	MELI	C	-0.31%
	SHOP	C	-0.29%
	SPOT	B	-0.19%
	ABNB	C	-0.18%
	DXCM	D	-0.14%
	WDAY	D	-0.13%
	COIN	C	-0.13%
	RBLX	C	-0.11%
	ALNY	A	-0.11%
	DELL	B	-0.11%
	SNAP	B	-0.11%
	DASH	D	-0.11%
	SNOW	F	-0.11%
	HOOD	B	-0.1%
	FICO	A	-0.1%
	EXPD	B	-0.1%
	DKNG	D	-0.1%
	MANH	B	-0.09%
	OKTA	C	-0.09%
	INCY	B	-0.09%
	FDS	D	-0.09%
	BMRN	C	-0.09%
	INSM	A	-0.08%
	XPO	D	-0.08%
	CYBR	B	-0.08%
	MEDP	B	-0.08%
	WING	B	-0.08%
	YUMC	F	-0.08%
	NTNX	C	-0.08%
	Z	C	-0.08%
	HUBS	C	-0.08%
	GWRE	A	-0.08%
	UTHR	A	-0.08%
	NBIX	C	-0.08%
	AMCR	B	-0.08%
	MASI	B	-0.07%
	TWLO	D	-0.07%
	PCOR	D	-0.07%
	WIX	C	-0.07%
	ELAN	B	-0.07%
	DOCU	D	-0.07%
	TOST	C	-0.07%
	MNDY	C	-0.07%
	SRPT	B	-0.07%
	GOLD	C	-0.07%
	APG	B	-0.07%
	GTLB	F	-0.06%
	SCCO	C	-0.06%
	FLS	C	-0.06%
	CFR	D	-0.06%
	CNI	D	-0.06%
	MAT	F	-0.06%
	ETSY	F	-0.06%
	PINS	A	-0.06%
	WEX	D	-0.06%
	CBSH	C	-0.06%
	ROKU	F	-0.06%
	EXEL	B	-0.06%
	BRBR	C	-0.06%
	WSC	F	-0.06%
	EXAS	F	-0.06%
	AM	A	-0.06%
	BPMC	B	-0.06%
	TD	F	-0.06%
	CR	B	-0.06%
	ITCI	B	-0.06%
	CRUS	A	-0.06%
	TEAM	D	-0.06%
	SF	B	-0.06%
	CERE	D	-0.06%
	BIO	D	-0.06%
	INFA	D	-0.06%
	OHI	A	-0.06%
	APP	B	-0.05%
	NET	C	-0.05%
	IOT	D	-0.05%
	PSTG	C	-0.05%
	LYFT	F	-0.05%
	CHX	C	-0.05%

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Business Services Oil & Gas E&P Specialty Retail Banks - Regional - US Semiconductors Software - Application Information Technology Services Specialty Chemicals Packaged Foods Credit Services Diagnostics & Research 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 Electronics Aerospace Bank Dow Jones Component Telecommunications Banking Real Estate Investment Trust Insurance Products Semiconductor Transport Medicine Retailing

QRFT: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Software - Infrastructure Semiconductors Asset Management Diagnostics & Research Diversified Industrials Drug Manufacturers - Major Internet Content & Information Aerospace & Defense Business Services Capital Markets Banks - Regional - US Communication Equipment Medical Devices Packaged Foods Restaurants Specialty Retail Credit Services Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Insurance Aerospace Medicine Electronics Semiconductor Cloud Computing Mobile Devices Biotechnology Banking Natural Gas Work From Home Biopharmaceutical Telecommunications Integrated Circuits Software Cloud Infrastructure