FNDX vs. SPLG ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to SPDR Portfolio Large Cap ETF (SPLG)

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

$25.06

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

SPLG

SPDR Portfolio Large Cap ETF

SPLG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Large Cap Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the large-capitalization segment of the U.S. equity market. The fund may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$70.07

Average Daily Volume

5,836,829

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	SPLG
30 Days	3.67%	3.05%
60 Days	4.58%	4.55%
90 Days	6.53%	6.32%
12 Months	29.67%	32.76%

468 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in SPLG	Overlap
A	D	0.05%	0.07%	0.05%
AAPL	C	4.35%	6.94%	4.35%
ABBV	D	0.49%	0.59%	0.49%
ABT	B	0.34%	0.41%	0.34%
ACGL	D	0.03%	0.07%	0.03%
ACN	C	0.36%	0.44%	0.36%
ADBE	C	0.2%	0.44%	0.2%
ADI	D	0.13%	0.21%	0.13%
ADM	D	0.21%	0.05%	0.05%
ADP	B	0.15%	0.24%	0.15%
ADSK	A	0.03%	0.13%	0.03%
AEE	A	0.07%	0.05%	0.05%
AEP	D	0.16%	0.1%	0.1%
AES	F	0.05%	0.02%	0.02%
AFL	B	0.21%	0.11%	0.11%
AIG	B	0.28%	0.1%	0.1%
AIZ	A	0.03%	0.02%	0.02%
AJG	B	0.05%	0.13%	0.05%
AKAM	D	0.03%	0.03%	0.03%
ALB	C	0.03%	0.02%	0.02%
ALGN	D	0.02%	0.03%	0.02%
ALL	A	0.27%	0.11%	0.11%
ALLE	D	0.01%	0.02%	0.01%
AMAT	F	0.24%	0.28%	0.24%
AMCR	D	0.03%	0.03%	0.03%
AMD	F	0.09%	0.45%	0.09%
AME	A	0.05%	0.09%	0.05%
AMGN	D	0.39%	0.3%	0.3%
AMP	A	0.15%	0.11%	0.11%
AMT	D	0.11%	0.19%	0.11%
AMZN	C	1.56%	3.77%	1.56%
ANET	C	0.04%	0.19%	0.04%
ANSS	B	0.02%	0.06%	0.02%
AON	A	0.13%	0.17%	0.13%
AOS	F	0.02%	0.02%	0.02%
APA	D	0.03%	0.02%	0.02%
APD	A	0.13%	0.15%	0.13%
APH	A	0.09%	0.17%	0.09%
APTV	D	0.02%	0.03%	0.02%
ARE	D	0.03%	0.03%	0.03%
ATO	A	0.04%	0.05%	0.04%
AVB	B	0.05%	0.07%	0.05%
AVGO	D	0.61%	1.54%	0.61%
AVY	D	0.04%	0.03%	0.03%
AWK	D	0.04%	0.05%	0.04%
AXP	A	0.36%	0.32%	0.32%
AZO	C	0.06%	0.11%	0.06%
BA	F	0.11%	0.21%	0.11%
BAC	A	1.3%	0.63%	0.63%
BALL	D	0.06%	0.04%	0.04%
BAX	D	0.07%	0.03%	0.03%
BBY	D	0.16%	0.04%	0.04%
BDX	F	0.11%	0.13%	0.11%
BEN	C	0.04%	0.01%	0.01%
BG	F	0.1%	0.03%	0.03%
BIIB	F	0.09%	0.05%	0.05%
BK	A	0.26%	0.12%	0.12%
BKNG	A	0.24%	0.34%	0.24%
BKR	B	0.16%	0.09%	0.09%
BLDR	D	0.06%	0.04%	0.04%
BLK	C	0.28%	0.29%	0.28%
BMY	B	0.45%	0.23%	0.23%
BR	A	0.03%	0.05%	0.03%
BRK.A	B	2.17%	1.73%	1.73%
BRO	B	0.02%	0.05%	0.02%
BSX	B	0.09%	0.27%	0.09%
BWA	D	0.05%	0.02%	0.02%
BX	A	0.13%	0.26%	0.13%
BXP	D	0.05%	0.02%	0.02%
C	A	1.1%	0.26%	0.26%
CAG	D	0.06%	0.03%	0.03%
CAH	B	0.07%	0.06%	0.06%
CARR	D	0.12%	0.12%	0.12%
CAT	B	0.41%	0.37%	0.37%
CB	C	0.26%	0.22%	0.22%
CBOE	B	0.01%	0.04%	0.01%
CBRE	B	0.13%	0.08%	0.08%
CCI	D	0.09%	0.09%	0.09%
CCL	B	0.06%	0.05%	0.05%
CDNS	B	0.03%	0.16%	0.03%
CDW	F	0.04%	0.05%	0.04%
CE	F	0.03%	0.02%	0.02%
CEG	D	0.1%	0.14%	0.1%
CF	B	0.07%	0.03%	0.03%
CFG	B	0.1%	0.04%	0.04%
CHD	B	0.04%	0.05%	0.04%
CHRW	C	0.08%	0.03%	0.03%
CHTR	C	0.35%	0.08%	0.08%
CI	F	0.48%	0.18%	0.18%
CINF	A	0.07%	0.05%	0.05%
CL	D	0.13%	0.15%	0.13%
CLX	B	0.04%	0.04%	0.04%
CMCSA	B	0.83%	0.33%	0.33%
CME	A	0.08%	0.16%	0.08%
CMG	B	0.04%	0.16%	0.04%
CMI	A	0.19%	0.1%	0.1%
CMS	C	0.06%	0.04%	0.04%
CNC	D	0.19%	0.06%	0.06%
CNP	B	0.06%	0.04%	0.04%
COF	B	0.48%	0.14%	0.14%
COP	C	0.48%	0.26%	0.26%
COR	B	0.02%	0.08%	0.02%
COST	B	0.66%	0.82%	0.66%
CPAY	A	0.06%	0.05%	0.05%
CPB	D	0.03%	0.02%	0.02%
CPRT	A	0.03%	0.1%	0.03%
CPT	B	0.02%	0.03%	0.02%
CRL	C	0.01%	0.02%	0.01%
CRM	B	0.15%	0.63%	0.15%
CSCO	B	0.82%	0.46%	0.46%
CSX	B	0.22%	0.14%	0.14%
CTAS	B	0.08%	0.15%	0.08%
CTLT	B	0.02%	0.02%	0.02%
CTRA	B	0.03%	0.04%	0.03%
CTSH	B	0.19%	0.08%	0.08%
CTVA	C	0.09%	0.08%	0.08%
CVS	D	0.68%	0.14%	0.14%
CVX	A	1.25%	0.55%	0.55%
CZR	F	0.02%	0.02%	0.02%
D	C	0.17%	0.1%	0.1%
DAL	C	0.03%	0.08%	0.03%
DD	D	0.17%	0.07%	0.07%
DE	A	0.23%	0.21%	0.21%
DECK	A	0.03%	0.05%	0.03%
DELL	C	0.03%	0.08%	0.03%
DFS	B	0.26%	0.09%	0.09%
DG	F	0.08%	0.03%	0.03%
DGX	A	0.07%	0.04%	0.04%
DHI	D	0.16%	0.09%	0.09%
DHR	F	0.15%	0.3%	0.15%
DIS	B	0.45%	0.41%	0.41%
DLR	B	0.08%	0.11%	0.08%
DLTR	F	0.05%	0.03%	0.03%
DOC	D	0.03%	0.03%	0.03%
DOV	A	0.06%	0.06%	0.06%
DOW	F	0.18%	0.06%	0.06%
DPZ	C	0.03%	0.03%	0.03%
DRI	B	0.05%	0.04%	0.04%
DTE	C	0.07%	0.05%	0.05%
DUK	C	0.3%	0.18%	0.18%
DVA	B	0.06%	0.01%	0.01%
DVN	F	0.09%	0.05%	0.05%
EA	A	0.09%	0.08%	0.08%
EBAY	D	0.17%	0.06%	0.06%
ECL	D	0.08%	0.12%	0.08%
ED	D	0.12%	0.07%	0.07%
EFX	F	0.03%	0.06%	0.03%
EG	C	0.02%	0.03%	0.02%
EIX	B	0.1%	0.07%	0.07%
EL	F	0.03%	0.03%	0.03%
ELV	F	0.36%	0.19%	0.19%
EMN	D	0.08%	0.02%	0.02%
EMR	A	0.17%	0.15%	0.15%
EOG	A	0.23%	0.16%	0.16%
EPAM	C	0.02%	0.03%	0.02%
EQIX	A	0.08%	0.17%	0.08%
EQR	B	0.05%	0.05%	0.05%
EQT	B	0.04%	0.05%	0.04%
ES	D	0.08%	0.04%	0.04%
ESS	B	0.03%	0.04%	0.03%
ETN	A	0.23%	0.29%	0.23%
ETR	B	0.12%	0.06%	0.06%
EVRG	A	0.07%	0.03%	0.03%
EW	C	0.04%	0.08%	0.04%
EXC	C	0.17%	0.08%	0.08%
EXPD	D	0.04%	0.03%	0.03%
EXPE	B	0.04%	0.05%	0.04%
EXR	D	0.03%	0.07%	0.03%
F	C	0.33%	0.09%	0.09%
FANG	D	0.05%	0.07%	0.05%
FAST	B	0.07%	0.09%	0.07%
FCX	D	0.14%	0.13%	0.13%
FDX	B	0.32%	0.13%	0.13%
FE	C	0.09%	0.04%	0.04%
FFIV	B	0.03%	0.03%	0.03%
FI	A	0.13%	0.25%	0.13%
FIS	C	0.12%	0.1%	0.1%
FITB	A	0.13%	0.06%	0.06%
FMC	D	0.03%	0.01%	0.01%
FOXA	B	0.1%	0.02%	0.02%
FSLR	F	0.01%	0.04%	0.01%
FTNT	C	0.03%	0.12%	0.03%
FTV	C	0.03%	0.05%	0.03%
GD	F	0.21%	0.15%	0.15%
GDDY	A	0.03%	0.05%	0.03%
GE	D	0.15%	0.39%	0.15%
GEHC	F	0.09%	0.08%	0.08%
GEN	B	0.04%	0.03%	0.03%
GEV	B	0.04%	0.18%	0.04%
GILD	C	0.37%	0.22%	0.22%
GIS	D	0.11%	0.07%	0.07%
GL	B	0.03%	0.02%	0.02%
GLW	B	0.14%	0.07%	0.07%
GM	B	0.79%	0.13%	0.13%
GNRC	B	0.02%	0.02%	0.02%
GOOG	C	1.14%	1.7%	1.14%
GOOGL	C	1.33%	2.06%	1.33%
GPC	D	0.05%	0.03%	0.03%
GPN	B	0.09%	0.06%	0.06%
GRMN	B	0.03%	0.06%	0.03%
GS	A	0.62%	0.37%	0.37%
GWW	B	0.08%	0.1%	0.08%
HAL	C	0.06%	0.05%	0.05%
HAS	D	0.03%	0.02%	0.02%
HBAN	A	0.08%	0.05%	0.05%
HCA	F	0.2%	0.12%	0.12%
HD	A	0.8%	0.81%	0.8%
HES	B	0.06%	0.08%	0.06%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.03%	0.02%	0.02%
HLT	A	0.06%	0.12%	0.06%
HOLX	D	0.04%	0.04%	0.04%
HON	B	0.37%	0.3%	0.3%
HPE	B	0.21%	0.06%	0.06%
HPQ	B	0.21%	0.07%	0.07%
HRL	D	0.03%	0.02%	0.02%
HSIC	B	0.04%	0.02%	0.02%
HST	C	0.04%	0.02%	0.02%
HSY	F	0.04%	0.05%	0.04%
HUBB	B	0.03%	0.05%	0.03%
HUM	C	0.19%	0.07%	0.07%
HWM	A	0.07%	0.09%	0.07%
IBM	C	0.54%	0.38%	0.38%
ICE	C	0.11%	0.18%	0.11%
IDXX	F	0.02%	0.07%	0.02%
IEX	B	0.03%	0.03%	0.03%
IFF	D	0.05%	0.04%	0.04%
INTC	D	0.89%	0.21%	0.21%
INTU	C	0.11%	0.38%	0.11%
INVH	D	0.03%	0.04%	0.03%
IP	B	0.17%	0.04%	0.04%
IPG	D	0.04%	0.02%	0.02%
IQV	D	0.07%	0.07%	0.07%
IR	B	0.03%	0.08%	0.03%
IRM	D	0.06%	0.07%	0.06%
ISRG	A	0.09%	0.38%	0.09%
IT	C	0.03%	0.08%	0.03%
ITW	B	0.15%	0.15%	0.15%
IVZ	B	0.05%	0.02%	0.02%
J	F	0.05%	0.04%	0.04%
JBHT	C	0.05%	0.03%	0.03%
JBL	B	0.06%	0.03%	0.03%
JCI	C	0.16%	0.11%	0.11%
JKHY	D	0.02%	0.03%	0.02%
JNJ	D	0.89%	0.75%	0.75%
JNPR	F	0.05%	0.02%	0.02%
JPM	A	2.03%	1.4%	1.4%
K	A	0.07%	0.04%	0.04%
KDP	D	0.07%	0.07%	0.07%
KEY	B	0.1%	0.04%	0.04%
KEYS	A	0.04%	0.05%	0.04%
KHC	F	0.09%	0.05%	0.05%
KIM	A	0.03%	0.03%	0.03%
KKR	A	0.12%	0.21%	0.12%
KLAC	D	0.08%	0.17%	0.08%
KMB	D	0.1%	0.09%	0.09%
KMI	A	0.23%	0.11%	0.11%
KMX	B	0.06%	0.02%	0.02%
KO	D	0.35%	0.48%	0.35%
KR	B	0.3%	0.08%	0.08%
KVUE	A	0.05%	0.09%	0.05%
L	A	0.05%	0.03%	0.03%
LDOS	C	0.07%	0.04%	0.04%
LEN	D	0.16%	0.08%	0.08%
LH	C	0.09%	0.04%	0.04%
LHX	C	0.16%	0.09%	0.09%
LIN	D	0.33%	0.43%	0.33%
LKQ	D	0.05%	0.02%	0.02%
LLY	F	0.2%	1.15%	0.2%
LMT	D	0.37%	0.23%	0.23%
LNT	A	0.04%	0.03%	0.03%
LOW	D	0.43%	0.31%	0.31%
LRCX	F	0.15%	0.18%	0.15%
LULU	C	0.01%	0.07%	0.01%
LUV	C	0.02%	0.04%	0.02%
LVS	C	0.04%	0.03%	0.03%
LW	C	0.02%	0.02%	0.02%
LYB	F	0.14%	0.04%	0.04%
MA	C	0.29%	0.86%	0.29%
MAA	B	0.03%	0.04%	0.03%
MAR	B	0.09%	0.13%	0.09%
MAS	D	0.05%	0.03%	0.03%
MCD	D	0.34%	0.42%	0.34%
MCHP	D	0.05%	0.07%	0.05%
MCK	B	0.11%	0.16%	0.11%
MCO	B	0.07%	0.15%	0.07%
MDLZ	F	0.2%	0.17%	0.17%
MDT	D	0.16%	0.22%	0.16%
MET	A	0.26%	0.1%	0.1%
META	D	1.79%	2.42%	1.79%
MGM	D	0.06%	0.02%	0.02%
MHK	D	0.06%	0.01%	0.01%
MKC	D	0.03%	0.04%	0.03%
MLM	B	0.04%	0.07%	0.04%
MMC	B	0.14%	0.22%	0.14%
MMM	D	0.35%	0.14%	0.14%
MNST	C	0.05%	0.08%	0.05%
MO	A	0.37%	0.19%	0.19%
MOH	F	0.05%	0.03%	0.03%
MOS	F	0.06%	0.02%	0.02%
MPC	D	0.4%	0.11%	0.11%
MRK	F	0.42%	0.49%	0.42%
MRNA	F	0.03%	0.03%	0.03%
MRO	B	0.09%	0.03%	0.03%
MS	A	0.46%	0.33%	0.33%
MSCI	C	0.03%	0.09%	0.03%
MSFT	F	2.43%	6.19%	2.43%
MSI	B	0.07%	0.16%	0.07%
MTB	A	0.11%	0.07%	0.07%
MTD	D	0.03%	0.05%	0.03%
MU	D	0.38%	0.22%	0.22%
NDAQ	A	0.03%	0.07%	0.03%
NDSN	B	0.02%	0.03%	0.02%
NEE	D	0.24%	0.31%	0.24%
NEM	D	0.13%	0.1%	0.1%
NFLX	A	0.17%	0.73%	0.17%
NI	A	0.05%	0.03%	0.03%
NKE	D	0.19%	0.18%	0.18%
NOC	D	0.2%	0.13%	0.13%
NOW	A	0.01%	0.41%	0.01%
NRG	B	0.1%	0.04%	0.04%
NSC	B	0.21%	0.12%	0.12%
NTAP	C	0.07%	0.05%	0.05%
NTRS	A	0.08%	0.04%	0.04%
NUE	C	0.19%	0.07%	0.07%
NVDA	C	0.4%	6.9%	0.4%
NVR	D	0.08%	0.05%	0.05%
NWSA	B	0.04%	0.02%	0.02%
NXPI	D	0.05%	0.11%	0.05%
O	D	0.04%	0.1%	0.04%
ODFL	B	0.06%	0.08%	0.06%
OKE	A	0.14%	0.13%	0.13%
OMC	C	0.08%	0.04%	0.04%
ON	D	0.04%	0.06%	0.04%
ORCL	B	0.5%	0.59%	0.5%
ORLY	B	0.11%	0.14%	0.11%
OTIS	C	0.05%	0.08%	0.05%
OXY	D	0.11%	0.07%	0.07%
PANW	C	0.03%	0.25%	0.03%
PARA	C	0.11%	0.01%	0.01%
PAYX	C	0.06%	0.09%	0.06%
PCAR	B	0.15%	0.12%	0.12%
PCG	A	0.03%	0.09%	0.03%
PEG	A	0.11%	0.09%	0.09%
PEP	F	0.41%	0.44%	0.41%
PFE	D	0.68%	0.28%	0.28%
PFG	D	0.09%	0.04%	0.04%
PG	A	0.77%	0.8%	0.77%
PGR	A	0.23%	0.3%	0.23%
PH	A	0.13%	0.18%	0.13%
PHM	D	0.11%	0.05%	0.05%
PKG	A	0.07%	0.04%	0.04%
PLD	D	0.07%	0.21%	0.07%
PM	B	0.48%	0.41%	0.41%
PNC	B	0.3%	0.16%	0.16%
PNR	A	0.04%	0.03%	0.03%
PNW	B	0.04%	0.02%	0.02%
POOL	C	0.02%	0.03%	0.02%
PPG	F	0.08%	0.06%	0.06%
PPL	B	0.11%	0.05%	0.05%
PRU	A	0.22%	0.09%	0.09%
PSA	D	0.05%	0.11%	0.05%
PSX	C	0.36%	0.11%	0.11%
PWR	A	0.07%	0.1%	0.07%
PYPL	B	0.22%	0.17%	0.17%
QCOM	F	0.43%	0.37%	0.37%
QRVO	F	0.03%	0.01%	0.01%
REG	B	0.02%	0.02%	0.02%
REGN	F	0.1%	0.16%	0.1%
RF	A	0.09%	0.05%	0.05%
RJF	A	0.05%	0.06%	0.05%
RL	B	0.03%	0.02%	0.02%
RMD	C	0.03%	0.07%	0.03%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.05%	0.12%	0.05%
ROST	C	0.07%	0.09%	0.07%
RSG	A	0.06%	0.09%	0.06%
RTX	C	0.34%	0.32%	0.32%
RVTY	F	0.03%	0.03%	0.03%
SBAC	D	0.02%	0.05%	0.02%
SBUX	A	0.28%	0.23%	0.23%
SCHW	B	0.13%	0.24%	0.13%
SHW	A	0.08%	0.17%	0.08%
SJM	D	0.05%	0.02%	0.02%
SLB	C	0.12%	0.12%	0.12%
SNA	A	0.06%	0.04%	0.04%
SNPS	B	0.03%	0.16%	0.03%
SO	D	0.26%	0.19%	0.19%
SOLV	C	0.02%	0.02%	0.02%
SPG	B	0.1%	0.11%	0.1%
SPGI	C	0.15%	0.32%	0.15%
SRE	A	0.13%	0.12%	0.12%
STE	F	0.03%	0.04%	0.03%
STLD	B	0.11%	0.04%	0.04%
STT	A	0.1%	0.06%	0.06%
STX	D	0.09%	0.04%	0.04%
STZ	D	0.07%	0.07%	0.07%
SW	A	0.09%	0.05%	0.05%
SWK	D	0.07%	0.03%	0.03%
SWKS	F	0.04%	0.03%	0.03%
SYF	B	0.34%	0.05%	0.05%
SYK	C	0.13%	0.27%	0.13%
SYY	B	0.1%	0.07%	0.07%
T	A	1.27%	0.33%	0.33%
TAP	C	0.05%	0.02%	0.02%
TDG	D	0.06%	0.14%	0.06%
TDY	B	0.03%	0.04%	0.03%
TER	D	0.04%	0.03%	0.03%
TFC	A	0.23%	0.13%	0.13%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.38%	0.14%	0.14%
TJX	A	0.22%	0.27%	0.22%
TMO	F	0.25%	0.38%	0.25%
TMUS	B	0.25%	0.23%	0.23%
TPR	B	0.05%	0.03%	0.03%
TRGP	B	0.07%	0.09%	0.07%
TRMB	B	0.03%	0.03%	0.03%
TROW	B	0.13%	0.05%	0.05%
TRV	B	0.31%	0.12%	0.12%
TSCO	D	0.06%	0.06%	0.06%
TSLA	B	0.28%	1.88%	0.28%
TSN	B	0.2%	0.04%	0.04%
TT	A	0.06%	0.19%	0.06%
TTWO	A	0.03%	0.06%	0.03%
TXN	C	0.34%	0.38%	0.34%
TXT	D	0.06%	0.03%	0.03%
UBER	D	0.04%	0.29%	0.04%
UDR	B	0.02%	0.03%	0.02%
UHS	D	0.08%	0.02%	0.02%
ULTA	F	0.03%	0.03%	0.03%
UNH	C	1.22%	1.09%	1.09%
UNP	C	0.35%	0.29%	0.29%
UPS	C	0.28%	0.2%	0.2%
URI	B	0.13%	0.11%	0.11%
USB	A	0.32%	0.16%	0.16%
V	A	0.36%	1.04%	0.36%
VICI	C	0.02%	0.07%	0.02%
VLO	C	0.39%	0.09%	0.09%
VMC	B	0.05%	0.07%	0.05%
VRSK	A	0.04%	0.08%	0.04%
VRSN	F	0.01%	0.03%	0.01%
VRTX	F	0.07%	0.24%	0.07%
VST	B	0.16%	0.1%	0.1%
VTR	C	0.08%	0.05%	0.05%
VTRS	A	0.1%	0.03%	0.03%
VZ	C	1.13%	0.36%	0.36%
WAB	B	0.06%	0.07%	0.06%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.17%	0.01%	0.01%
WBD	C	0.08%	0.04%	0.04%
WDC	D	0.12%	0.04%	0.04%
WEC	A	0.08%	0.06%	0.06%
WELL	A	0.1%	0.16%	0.1%
WFC	A	1.35%	0.5%	0.5%
WM	A	0.15%	0.16%	0.15%
WMB	A	0.17%	0.14%	0.14%
WMT	A	1.47%	0.73%	0.73%
WRB	A	0.03%	0.04%	0.03%
WST	C	0.02%	0.04%	0.02%
WTW	B	0.07%	0.06%	0.06%
WY	D	0.09%	0.05%	0.05%
XEL	A	0.12%	0.08%	0.08%
XOM	B	1.99%	1.07%	1.07%
XYL	D	0.03%	0.06%	0.03%
YUM	B	0.08%	0.08%	0.08%
ZBH	C	0.05%	0.05%	0.05%
ZBRA	B	0.04%	0.04%	0.04%
ZTS	D	0.07%	0.16%	0.07%

FNDX Overweight 253 Positions Relative to SPLG

Symbol	Grade	Weight
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	D	0.08%
JLL	D	0.08%
OC	A	0.07%
VFC	C	0.07%
CMA	A	0.07%
THC	D	0.07%
R	B	0.07%
X	C	0.07%
LAD	A	0.07%
AVT	C	0.07%
OVV	B	0.06%
TOL	B	0.06%
M	D	0.06%
JEF	A	0.06%
UNM	A	0.06%
AA	B	0.06%
ZION	B	0.06%
OMF	A	0.06%
LNG	B	0.06%
FLEX	A	0.06%
PFGC	B	0.06%
EME	C	0.06%
FNF	B	0.06%
KSS	F	0.06%
ACM	A	0.05%
VNO	B	0.05%
AFG	A	0.05%
INGR	B	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	D	0.05%
EQH	B	0.05%
TDS	B	0.05%
GPI	A	0.05%
CASY	A	0.05%
DINO	D	0.05%
SFM	A	0.05%
BFH	B	0.05%
LNC	B	0.05%
FBIN	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
SSNC	B	0.04%
OSK	B	0.04%
AMG	B	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
FYBR	D	0.04%
RPM	A	0.04%
CNO	A	0.04%
DOX	D	0.04%
CRBG	B	0.04%
SLM	A	0.04%
TMHC	B	0.04%
CCK	C	0.04%
DKS	C	0.04%
GT	C	0.04%
RGA	A	0.04%
RHI	B	0.04%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	0.04%
LPLA	A	0.04%
PVH	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%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
MRVL	B	0.04%
UGI	A	0.04%
EXP	A	0.03%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
PRI	A	0.03%
AR	B	0.03%
SCI	B	0.03%
ACI	C	0.03%
GNTX	C	0.03%
AAP	C	0.03%
TRU	D	0.03%
BTU	B	0.03%
SQ	B	0.03%
ITT	A	0.03%
BBWI	D	0.03%
KBH	D	0.03%
BURL	A	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%
APO	B	0.03%
ABG	B	0.03%
SNV	B	0.03%
SEIC	B	0.03%
VOYA	B	0.03%
ARMK	B	0.03%
CAR	C	0.03%
OGE	B	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	A	0.03%
CLF	F	0.03%
EWBC	A	0.03%
WU	D	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
CG	A	0.03%
HUN	F	0.03%
FHN	A	0.03%
CMC	B	0.03%
OLN	D	0.03%
BAH	F	0.03%
WSO	A	0.03%
PBF	D	0.03%
MTZ	B	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
MLI	C	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	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%
ARCH	B	0.02%
TKR	D	0.02%
MIDD	C	0.02%
AER	B	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%
OI	C	0.02%
POST	C	0.02%
NFG	A	0.02%
ASGN	F	0.02%
NAVI	C	0.02%
SM	B	0.02%
CCEP	C	0.02%
LECO	B	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%
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	D	0.02%
LAMR	D	0.02%
PK	B	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	B	0.02%
SON	D	0.02%
AXTA	A	0.02%
VSH	D	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	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
FTI	A	0.01%
JWN	C	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	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 31 Positions Relative to SPLG

Symbol	Grade	Weight
PLTR	B	-0.25%
CRWD	B	-0.16%
ABNB	C	-0.12%
RCL	A	-0.11%
FICO	B	-0.11%
AXON	A	-0.09%
MPWR	F	-0.06%
UAL	A	-0.06%
CSGP	D	-0.06%
DXCM	D	-0.06%
PTC	A	-0.05%
VLTO	D	-0.05%
TYL	B	-0.05%
PODD	C	-0.04%
FDS	B	-0.04%
LYV	A	-0.04%
ROL	B	-0.03%
MTCH	D	-0.02%
WYNN	D	-0.02%
ENPH	F	-0.02%
FRT	B	-0.02%
MKTX	D	-0.02%
ERIE	D	-0.02%
TECH	D	-0.02%
PAYC	B	-0.02%
SMCI	F	-0.02%
NCLH	B	-0.02%
DAY	B	-0.02%
INCY	C	-0.02%
NWS	B	-0.01%
FOX	A	-0.01%