FNDX vs. USCL ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	USCL
30 Days	3.67%	3.79%
60 Days	4.58%	5.19%
90 Days	6.53%	7.34%
12 Months	29.67%	35.52%

267 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in USCL	Overlap
A	D	0.05%	0.1%	0.05%
AAPL	C	4.35%	5.23%	4.35%
ABBV	D	0.49%	0.81%	0.49%
ABT	B	0.34%	0.54%	0.34%
ACGL	D	0.03%	0.1%	0.03%
ACM	A	0.05%	0.04%	0.04%
ACN	C	0.36%	0.61%	0.36%
ADBE	C	0.2%	0.63%	0.2%
ADI	D	0.13%	0.28%	0.13%
ADP	B	0.15%	0.33%	0.15%
ADSK	A	0.03%	0.18%	0.03%
AEP	D	0.16%	0.13%	0.13%
AIG	B	0.28%	0.14%	0.14%
AJG	B	0.05%	0.18%	0.05%
AKAM	D	0.03%	0.04%	0.03%
ALB	C	0.03%	0.03%	0.03%
AMD	F	0.09%	0.61%	0.09%
AME	A	0.05%	0.12%	0.05%
AMGN	D	0.39%	0.43%	0.39%
AMT	D	0.11%	0.24%	0.11%
AMZN	C	1.56%	5.13%	1.56%
ANSS	B	0.02%	0.08%	0.02%
AON	A	0.13%	0.2%	0.13%
APO	B	0.03%	0.18%	0.03%
ARE	D	0.03%	0.05%	0.03%
ATO	A	0.04%	0.06%	0.04%
AVB	B	0.05%	0.09%	0.05%
AVGO	D	0.61%	2.04%	0.61%
AVY	D	0.04%	0.04%	0.04%
AWK	D	0.04%	0.07%	0.04%
AXP	A	0.36%	0.45%	0.36%
BAC	A	1.3%	0.87%	0.87%
BAH	F	0.03%	0.05%	0.03%
BALL	D	0.06%	0.05%	0.05%
BIIB	F	0.09%	0.06%	0.06%
BK	A	0.26%	0.16%	0.16%
BKNG	A	0.24%	0.46%	0.24%
BKR	B	0.16%	0.12%	0.12%
BLK	C	0.28%	0.42%	0.28%
BMY	B	0.45%	0.32%	0.32%
BR	A	0.03%	0.07%	0.03%
BSX	B	0.09%	0.35%	0.09%
BX	A	0.13%	0.35%	0.13%
BXP	D	0.05%	0.03%	0.03%
CAT	B	0.41%	0.51%	0.41%
CB	C	0.26%	0.3%	0.26%
CBOE	B	0.01%	0.06%	0.01%
CBRE	B	0.13%	0.11%	0.11%
CCI	D	0.09%	0.12%	0.09%
CCK	C	0.04%	0.03%	0.03%
CDNS	B	0.03%	0.22%	0.03%
CEG	D	0.1%	0.19%	0.1%
CG	A	0.03%	0.03%	0.03%
CHD	B	0.04%	0.07%	0.04%
CHTR	C	0.35%	0.1%	0.1%
CL	D	0.13%	0.19%	0.13%
CLX	B	0.04%	0.06%	0.04%
CMCSA	B	0.83%	0.46%	0.46%
CME	A	0.08%	0.22%	0.08%
CMG	B	0.04%	0.22%	0.04%
CMI	A	0.19%	0.14%	0.14%
COP	C	0.48%	0.36%	0.36%
CPB	D	0.03%	0.02%	0.02%
CPRT	A	0.03%	0.13%	0.03%
CRL	C	0.01%	0.03%	0.01%
CRM	B	0.15%	0.87%	0.15%
CSCO	B	0.82%	0.63%	0.63%
CSL	C	0.05%	0.06%	0.05%
CSX	B	0.22%	0.19%	0.19%
CTAS	B	0.08%	0.21%	0.08%
CTLT	B	0.02%	0.03%	0.02%
CTSH	B	0.19%	0.11%	0.11%
CTVA	C	0.09%	0.11%	0.09%
CVS	D	0.68%	0.19%	0.19%
CVX	A	1.25%	0.77%	0.77%
D	C	0.17%	0.13%	0.13%
DD	D	0.17%	0.09%	0.09%
DE	A	0.23%	0.28%	0.23%
DECK	A	0.03%	0.07%	0.03%
DELL	C	0.03%	0.1%	0.03%
DFS	B	0.26%	0.12%	0.12%
DHR	F	0.15%	0.43%	0.15%
DIS	B	0.45%	0.54%	0.45%
DLR	B	0.08%	0.16%	0.08%
DOC	D	0.03%	0.04%	0.03%
DOV	A	0.06%	0.08%	0.06%
DUK	C	0.3%	0.23%	0.23%
DVA	B	0.06%	0.02%	0.02%
EBAY	D	0.17%	0.08%	0.08%
ECL	D	0.08%	0.17%	0.08%
ED	D	0.12%	0.09%	0.09%
EFX	F	0.03%	0.09%	0.03%
EL	F	0.03%	0.04%	0.03%
EMR	A	0.17%	0.2%	0.17%
EOG	A	0.23%	0.21%	0.21%
EQIX	A	0.08%	0.23%	0.08%
EQR	B	0.05%	0.07%	0.05%
ES	D	0.08%	0.06%	0.06%
ETN	A	0.23%	0.39%	0.23%
EW	C	0.04%	0.11%	0.04%
EXC	C	0.17%	0.1%	0.1%
EXPD	D	0.04%	0.05%	0.04%
F	C	0.33%	0.12%	0.12%
FANG	D	0.05%	0.09%	0.05%
FCX	D	0.14%	0.17%	0.14%
FDX	B	0.32%	0.18%	0.18%
FI	A	0.13%	0.33%	0.13%
FIS	C	0.12%	0.13%	0.12%
FSLR	F	0.01%	0.05%	0.01%
FTNT	C	0.03%	0.17%	0.03%
FTV	C	0.03%	0.07%	0.03%
GEN	B	0.04%	0.05%	0.04%
GGG	B	0.02%	0.04%	0.02%
GILD	C	0.37%	0.31%	0.31%
GIS	D	0.11%	0.1%	0.1%
GM	B	0.79%	0.18%	0.18%
GOOG	C	1.14%	2.03%	1.14%
GOOGL	C	1.33%	2.33%	1.33%
GPN	B	0.09%	0.08%	0.08%
GRMN	B	0.03%	0.09%	0.03%
GS	A	0.62%	0.51%	0.51%
HD	A	0.8%	1.09%	0.8%
HES	B	0.06%	0.11%	0.06%
HIG	B	0.14%	0.09%	0.09%
HLT	A	0.06%	0.17%	0.06%
HPE	B	0.21%	0.07%	0.07%
HSY	F	0.04%	0.07%	0.04%
HUBB	B	0.03%	0.07%	0.03%
HUM	C	0.19%	0.09%	0.09%
IBM	C	0.54%	0.52%	0.52%
ICE	C	0.11%	0.24%	0.11%
IDXX	F	0.02%	0.09%	0.02%
IEX	B	0.03%	0.05%	0.03%
ILMN	D	0.03%	0.06%	0.03%
INTC	D	0.89%	0.29%	0.29%
INTU	C	0.11%	0.53%	0.11%
IQV	D	0.07%	0.1%	0.07%
IT	C	0.03%	0.11%	0.03%
ITW	B	0.15%	0.22%	0.15%
JBHT	C	0.05%	0.04%	0.04%
JCI	C	0.16%	0.15%	0.15%
JKHY	D	0.02%	0.03%	0.02%
JNJ	D	0.89%	0.99%	0.89%
JPM	A	2.03%	1.88%	1.88%
K	A	0.07%	0.06%	0.06%
KDP	D	0.07%	0.1%	0.07%
KIM	A	0.03%	0.04%	0.03%
KMB	D	0.1%	0.12%	0.1%
KMI	A	0.23%	0.14%	0.14%
KO	D	0.35%	0.69%	0.35%
LH	C	0.09%	0.05%	0.05%
LII	A	0.03%	0.06%	0.03%
LIN	D	0.33%	0.59%	0.33%
LLY	F	0.2%	1.72%	0.2%
LNT	A	0.04%	0.04%	0.04%
LULU	C	0.01%	0.1%	0.01%
LVS	C	0.04%	0.05%	0.04%
MA	C	0.29%	1.17%	0.29%
MAR	B	0.09%	0.19%	0.09%
MCD	D	0.34%	0.58%	0.34%
MCK	B	0.11%	0.21%	0.11%
MCO	B	0.07%	0.21%	0.07%
MDLZ	F	0.2%	0.24%	0.2%
META	D	1.79%	3.42%	1.79%
MGM	D	0.06%	0.02%	0.02%
MKC	D	0.03%	0.05%	0.03%
MLM	B	0.04%	0.1%	0.04%
MMC	B	0.14%	0.3%	0.14%
MMM	D	0.35%	0.2%	0.2%
MNST	C	0.05%	0.11%	0.05%
MRK	F	0.42%	0.67%	0.42%
MRO	B	0.09%	0.04%	0.04%
MS	A	0.46%	0.44%	0.44%
MSFT	F	2.43%	4.42%	2.43%
MTD	D	0.03%	0.07%	0.03%
NDAQ	A	0.03%	0.09%	0.03%
NEE	D	0.24%	0.42%	0.24%
NEM	D	0.13%	0.13%	0.13%
NFLX	A	0.17%	0.98%	0.17%
NKE	D	0.19%	0.25%	0.19%
NOW	A	0.01%	0.58%	0.01%
NSC	B	0.21%	0.16%	0.16%
NTRS	A	0.08%	0.06%	0.06%
NUE	C	0.19%	0.1%	0.1%
NVDA	C	0.4%	6.73%	0.4%
O	D	0.04%	0.13%	0.04%
OC	A	0.07%	0.05%	0.05%
ODFL	B	0.06%	0.12%	0.06%
OKE	A	0.14%	0.17%	0.14%
ORCL	B	0.5%	0.84%	0.5%
OXY	D	0.11%	0.09%	0.09%
PANW	C	0.03%	0.35%	0.03%
PAYX	C	0.06%	0.13%	0.06%
PCAR	B	0.15%	0.16%	0.15%
PEG	A	0.11%	0.12%	0.11%
PEP	F	0.41%	0.61%	0.41%
PFE	D	0.68%	0.4%	0.4%
PG	A	0.77%	1.07%	0.77%
PGR	A	0.23%	0.41%	0.23%
PLD	D	0.07%	0.29%	0.07%
PNR	A	0.04%	0.05%	0.04%
PPG	F	0.08%	0.08%	0.08%
PWR	A	0.07%	0.13%	0.07%
PYPL	B	0.22%	0.23%	0.22%
QCOM	F	0.43%	0.49%	0.43%
REG	B	0.02%	0.04%	0.02%
REGN	F	0.1%	0.23%	0.1%
ROK	B	0.06%	0.09%	0.06%
ROP	B	0.05%	0.16%	0.05%
RPM	A	0.04%	0.05%	0.04%
RSG	A	0.06%	0.13%	0.06%
RVTY	F	0.03%	0.04%	0.03%
SBUX	A	0.28%	0.3%	0.28%
SCHW	B	0.13%	0.33%	0.13%
SHW	A	0.08%	0.25%	0.08%
SLB	C	0.12%	0.17%	0.12%
SNPS	B	0.03%	0.23%	0.03%
SO	D	0.26%	0.26%	0.26%
SPG	B	0.1%	0.16%	0.1%
SPGI	C	0.15%	0.44%	0.15%
SQ	B	0.03%	0.13%	0.03%
SRE	A	0.13%	0.16%	0.13%
STLD	B	0.11%	0.06%	0.06%
STT	A	0.1%	0.08%	0.08%
STZ	D	0.07%	0.11%	0.07%
T	A	1.27%	0.43%	0.43%
TAP	C	0.05%	0.03%	0.03%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.38%	0.19%	0.19%
TMO	F	0.25%	0.55%	0.25%
TMUS	B	0.25%	0.34%	0.25%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.13%	0.07%	0.07%
TRU	D	0.03%	0.05%	0.03%
TRV	B	0.31%	0.16%	0.16%
TSLA	B	0.28%	2.41%	0.28%
TT	A	0.06%	0.25%	0.06%
TXN	C	0.34%	0.51%	0.34%
UBER	D	0.04%	0.36%	0.04%
ULTA	F	0.03%	0.05%	0.03%
UNH	C	1.22%	1.47%	1.22%
UNP	C	0.35%	0.39%	0.35%
UPS	C	0.28%	0.26%	0.26%
USB	A	0.32%	0.21%	0.21%
V	A	0.36%	1.31%	0.36%
VICI	C	0.02%	0.09%	0.02%
VRSK	A	0.04%	0.11%	0.04%
VRTX	F	0.07%	0.34%	0.07%
VZ	C	1.13%	0.46%	0.46%
WAB	B	0.06%	0.09%	0.06%
WAT	B	0.04%	0.06%	0.04%
WELL	A	0.1%	0.22%	0.1%
WFC	A	1.35%	0.69%	0.69%
WM	A	0.15%	0.24%	0.15%
WMT	A	1.47%	1.01%	1.01%
WRB	A	0.03%	0.05%	0.03%
WSM	B	0.04%	0.05%	0.04%
WST	C	0.02%	0.07%	0.02%
WTRG	B	0.01%	0.03%	0.01%
WTW	B	0.07%	0.09%	0.07%
WY	D	0.09%	0.06%	0.06%
XEL	A	0.12%	0.1%	0.1%
XOM	B	1.99%	1.46%	1.46%
XYL	D	0.03%	0.08%	0.03%
YUM	B	0.08%	0.1%	0.08%
ZBH	C	0.05%	0.06%	0.05%
ZTS	D	0.07%	0.22%	0.07%

FNDX Overweight 454 Positions Relative to USCL

Symbol	Grade	Weight
BRK.A	B	2.17%
C	A	1.1%
COST	B	0.66%
LUMN	C	0.65%
PM	B	0.48%
COF	B	0.48%
CI	F	0.48%
LOW	D	0.43%
MPC	D	0.4%
VLO	C	0.39%
MU	D	0.38%
LMT	D	0.37%
HON	B	0.37%
MO	A	0.37%
PSX	C	0.36%
ELV	F	0.36%
RTX	C	0.34%
SYF	B	0.34%
KR	B	0.3%
PNC	B	0.3%
ALL	A	0.27%
MET	A	0.26%
AMAT	F	0.24%
TFC	A	0.23%
TJX	A	0.22%
PRU	A	0.22%
ADM	D	0.21%
AFL	B	0.21%
HPQ	B	0.21%
GD	F	0.21%
NOC	D	0.2%
TSN	B	0.2%
HCA	F	0.2%
CNC	D	0.19%
DOW	F	0.18%
WMB	A	0.17%
IP	B	0.17%
WBA	F	0.17%
VST	B	0.16%
DHI	D	0.16%
BBY	D	0.16%
LHX	C	0.16%
LEN	D	0.16%
MDT	D	0.16%
AMP	A	0.15%
LRCX	F	0.15%
GE	D	0.15%
LYB	F	0.14%
GLW	B	0.14%
APD	A	0.13%
PH	A	0.13%
FITB	A	0.13%
SYK	C	0.13%
URI	B	0.13%
ETR	B	0.12%
WDC	D	0.12%
CARR	D	0.12%
KKR	A	0.12%
ORLY	B	0.11%
MTB	A	0.11%
PARA	C	0.11%
BDX	F	0.11%
PPL	B	0.11%
BA	F	0.11%
PHM	D	0.11%
EIX	B	0.1%
SYY	B	0.1%
ALLY	C	0.1%
FOXA	B	0.1%
VTRS	A	0.1%
KEY	B	0.1%
BG	F	0.1%
NRG	B	0.1%
CFG	B	0.1%
RF	A	0.09%
SW	A	0.09%
ISRG	A	0.09%
STX	D	0.09%
FE	C	0.09%
DVN	F	0.09%
RS	B	0.09%
EA	A	0.09%
PFG	D	0.09%
APH	A	0.09%
GEHC	F	0.09%
KHC	F	0.09%
ARW	D	0.08%
EMN	D	0.08%
HBAN	A	0.08%
NVR	D	0.08%
USFD	A	0.08%
CHRW	C	0.08%
VTR	C	0.08%
WHR	B	0.08%
OMC	C	0.08%
KLAC	D	0.08%
UHS	D	0.08%
DG	F	0.08%
GWW	B	0.08%
WEC	A	0.08%
WKC	D	0.08%
JLL	D	0.08%
WBD	C	0.08%
BAX	D	0.07%
VFC	C	0.07%
MSI	B	0.07%
HWM	A	0.07%
SWK	D	0.07%
CMA	A	0.07%
CF	B	0.07%
AEE	A	0.07%
DGX	A	0.07%
TRGP	B	0.07%
THC	D	0.07%
NTAP	C	0.07%
EVRG	A	0.07%
CAH	B	0.07%
R	B	0.07%
CINF	A	0.07%
X	C	0.07%
LAD	A	0.07%
PKG	A	0.07%
AVT	C	0.07%
ROST	C	0.07%
DTE	C	0.07%
LDOS	C	0.07%
FAST	B	0.07%
SNA	A	0.06%
OVV	B	0.06%
TOL	B	0.06%
M	D	0.06%
TSCO	D	0.06%
CPAY	A	0.06%
CAG	D	0.06%
JEF	A	0.06%
TXT	D	0.06%
BLDR	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%
EME	C	0.06%
CNP	B	0.06%
HAL	C	0.06%
FNF	B	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
KMX	B	0.06%
MOH	F	0.05%
VNO	B	0.05%
NI	A	0.05%
VMC	B	0.05%
AFG	A	0.05%
INGR	B	0.05%
ORI	A	0.05%
MKL	A	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%
AES	F	0.05%
DRI	B	0.05%
AN	C	0.05%
GPC	D	0.05%
OTIS	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%
BWA	D	0.05%
MAS	D	0.05%
J	F	0.05%
TPR	B	0.05%
SFM	A	0.05%
RJF	A	0.05%
LKQ	D	0.05%
SJM	D	0.05%
BFH	B	0.05%
PSA	D	0.05%
LNC	B	0.05%
KVUE	A	0.05%
ANET	C	0.04%
FBIN	D	0.04%
LPX	B	0.04%
BCC	B	0.04%
GAP	C	0.04%
EXPE	B	0.04%
SSNC	B	0.04%
TER	D	0.04%
OSK	B	0.04%
AMG	B	0.04%
IPG	D	0.04%
KEYS	A	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
FYBR	D	0.04%
CNO	A	0.04%
ON	D	0.04%
HST	C	0.04%
DOX	D	0.04%
CRBG	B	0.04%
SLM	A	0.04%
TMHC	B	0.04%
ZBRA	B	0.04%
DKS	C	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%
FAF	A	0.04%
MUSA	A	0.04%
BERY	B	0.04%
LPLA	A	0.04%
PVH	C	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%
EVR	B	0.04%
OGN	D	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%
EXP	A	0.03%
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%
ACI	C	0.03%
MRNA	F	0.03%
TDY	B	0.03%
GNTX	C	0.03%
AAP	C	0.03%
BTU	B	0.03%
ITT	A	0.03%
BBWI	D	0.03%
KBH	D	0.03%
BURL	A	0.03%
CW	B	0.03%
TPH	D	0.03%
G	B	0.03%
GDDY	A	0.03%
FLR	B	0.03%
SNX	C	0.03%
BC	C	0.03%
STE	F	0.03%
PCG	A	0.03%
ABG	B	0.03%
SNV	B	0.03%
SEIC	B	0.03%
MSCI	C	0.03%
VOYA	B	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
AMCR	D	0.03%
ARMK	B	0.03%
AIZ	A	0.03%
DAL	C	0.03%
CAR	C	0.03%
OGE	B	0.03%
GPK	C	0.03%
HAS	D	0.03%
EXR	D	0.03%
FL	F	0.03%
RRX	B	0.03%
RL	B	0.03%
AGCO	D	0.03%
CACI	D	0.03%
APA	D	0.03%
ESS	B	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
HII	D	0.03%
HRL	D	0.03%
EWBC	A	0.03%
WU	D	0.03%
CIEN	B	0.03%
GNW	A	0.03%
NXST	C	0.03%
MAA	B	0.03%
FFIV	B	0.03%
HUN	F	0.03%
FHN	A	0.03%
CTRA	B	0.03%
CMC	B	0.03%
OLN	D	0.03%
DPZ	C	0.03%
CE	F	0.03%
WSO	A	0.03%
RMD	C	0.03%
IR	B	0.03%
PBF	D	0.03%
MTZ	B	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
GL	B	0.03%
MLI	C	0.03%
WLK	D	0.02%
MDU	D	0.02%
MTN	C	0.02%
ODP	F	0.02%
EG	C	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%
LW	C	0.02%
OI	C	0.02%
POST	C	0.02%
NFG	A	0.02%
ASGN	F	0.02%
SBAC	D	0.02%
NAVI	C	0.02%
SM	B	0.02%
NDSN	B	0.02%
CZR	F	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%
EPAM	C	0.02%
HUBG	A	0.02%
SLG	B	0.02%
GXO	B	0.02%
PENN	C	0.02%
CPT	B	0.02%
HOG	D	0.02%
APTV	D	0.02%
POOL	C	0.02%
ALGN	D	0.02%
NOV	C	0.02%
DCI	B	0.02%
FCNCA	A	0.02%
NVT	B	0.02%
AVTR	F	0.02%
AOS	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%
UDR	B	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%
BRO	B	0.02%
GNRC	B	0.02%
COR	B	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%
VRSN	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	B	0.01%
QRTEA	F	0.01%
AAL	B	0.01%
ALLE	D	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 29 Positions Relative to USCL

Symbol	Grade	Weight
PLTR	B	-0.32%
MELI	D	-0.23%
CRWD	B	-0.21%
CRH	A	-0.19%
WDAY	B	-0.16%
ABNB	C	-0.16%
WCN	A	-0.13%
SNOW	C	-0.11%
TEAM	A	-0.11%
HUBS	A	-0.09%
NET	B	-0.08%
PTC	A	-0.06%
MANH	D	-0.05%
FWONK	B	-0.05%
PINS	D	-0.05%
ZS	C	-0.05%
FDS	B	-0.05%
TW	A	-0.04%
TWLO	A	-0.04%
WYNN	D	-0.03%
SNAP	C	-0.03%
PAYC	B	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
INCY	C	-0.03%
AZPN	A	-0.02%
H	B	-0.02%
BSY	D	-0.02%
MTCH	D	-0.02%