FNDX vs. USMF ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to WisdomTree U.S. Multifactor Fund (USMF)

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

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	USMF
30 Days	3.67%	6.39%
60 Days	4.58%	7.88%
90 Days	6.53%	8.72%
12 Months	29.67%	32.34%

164 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in USMF	Overlap
ABBV	D	0.49%	0.37%	0.37%
ABT	B	0.34%	0.4%	0.34%
ACI	C	0.03%	0.36%	0.03%
ADP	B	0.15%	0.41%	0.15%
AEP	D	0.16%	0.27%	0.16%
AFL	B	0.21%	0.35%	0.21%
AIG	B	0.28%	0.34%	0.28%
AIZ	A	0.03%	0.36%	0.03%
AKAM	D	0.03%	0.96%	0.03%
ALL	A	0.27%	0.36%	0.27%
ALSN	B	0.05%	0.37%	0.05%
AMP	A	0.15%	0.43%	0.15%
AMT	D	0.11%	0.22%	0.11%
APA	D	0.03%	0.22%	0.03%
ARMK	B	0.03%	0.69%	0.03%
AXP	A	0.36%	0.34%	0.34%
AZO	C	0.06%	0.73%	0.06%
BAH	F	0.03%	0.31%	0.03%
BERY	B	0.04%	0.34%	0.04%
BMY	B	0.45%	0.36%	0.36%
BR	A	0.03%	0.39%	0.03%
BRK.A	B	2.17%	0.37%	0.37%
BRO	B	0.02%	0.36%	0.02%
BSX	B	0.09%	0.42%	0.09%
CACI	D	0.03%	0.43%	0.03%
CAG	D	0.06%	0.26%	0.06%
CAH	B	0.07%	0.44%	0.07%
CBOE	B	0.01%	0.33%	0.01%
CCK	C	0.04%	0.37%	0.04%
CHE	D	0.01%	0.37%	0.01%
CI	F	0.48%	0.28%	0.28%
CINF	A	0.07%	0.36%	0.07%
CL	D	0.13%	0.29%	0.13%
CMCSA	B	0.83%	0.93%	0.83%
CME	A	0.08%	0.37%	0.08%
CNC	D	0.19%	0.25%	0.19%
COP	C	0.48%	0.4%	0.4%
COR	B	0.02%	0.49%	0.02%
CRM	B	0.15%	0.99%	0.15%
CTSH	B	0.19%	1.38%	0.19%
DBX	B	0.01%	1.02%	0.01%
DE	A	0.23%	0.31%	0.23%
DGX	A	0.07%	0.41%	0.07%
DINO	D	0.05%	0.25%	0.05%
DIS	B	0.45%	0.82%	0.45%
DOV	A	0.06%	0.39%	0.06%
DRI	B	0.05%	0.79%	0.05%
DUK	C	0.3%	0.3%	0.3%
DVA	B	0.06%	0.27%	0.06%
DVN	F	0.09%	0.31%	0.09%
EA	A	0.09%	1.11%	0.09%
EBAY	D	0.17%	0.68%	0.17%
ECL	D	0.08%	0.45%	0.08%
EHC	B	0.02%	0.44%	0.02%
EIX	B	0.1%	0.28%	0.1%
ELV	F	0.36%	0.3%	0.3%
EME	C	0.06%	0.34%	0.06%
EOG	A	0.23%	0.42%	0.23%
EPAM	C	0.02%	0.76%	0.02%
ETR	B	0.12%	0.4%	0.12%
EWBC	A	0.03%	0.32%	0.03%
EXPE	B	0.04%	0.53%	0.04%
FCNCA	A	0.02%	0.28%	0.02%
FDX	B	0.32%	0.26%	0.26%
FFIV	B	0.03%	1.31%	0.03%
FI	A	0.13%	0.42%	0.13%
FMC	D	0.03%	0.18%	0.03%
FOXA	B	0.1%	1.09%	0.1%
FSLR	F	0.01%	0.48%	0.01%
FTNT	C	0.03%	0.88%	0.03%
GAP	C	0.04%	0.35%	0.04%
GDDY	A	0.03%	1.49%	0.03%
GEN	B	0.04%	1.03%	0.04%
GILD	C	0.37%	0.43%	0.37%
GIS	D	0.11%	0.27%	0.11%
GL	B	0.03%	0.14%	0.03%
GLPI	C	0.02%	0.32%	0.02%
GM	B	0.79%	0.63%	0.63%
GPK	C	0.03%	0.38%	0.03%
HAL	C	0.06%	0.33%	0.06%
HCA	F	0.2%	0.31%	0.2%
HIG	B	0.14%	0.39%	0.14%
HII	D	0.03%	0.23%	0.03%
HOLX	D	0.04%	0.42%	0.04%
HPQ	B	0.21%	0.93%	0.21%
HRB	D	0.01%	0.6%	0.01%
IBM	C	0.54%	1.32%	0.54%
INGR	B	0.05%	0.4%	0.05%
IPG	D	0.04%	0.75%	0.04%
J	F	0.05%	0.34%	0.05%
JNJ	D	0.89%	0.42%	0.42%
JNPR	F	0.05%	1.0%	0.05%
JPM	A	2.03%	0.39%	0.39%
KHC	F	0.09%	0.26%	0.09%
KMB	D	0.1%	0.31%	0.1%
KR	B	0.3%	0.34%	0.3%
L	A	0.05%	0.39%	0.05%
LDOS	C	0.07%	0.52%	0.07%
LH	C	0.09%	0.38%	0.09%
LHX	C	0.16%	0.36%	0.16%
LMT	D	0.37%	0.4%	0.37%
LPX	B	0.04%	0.29%	0.04%
LVS	C	0.04%	0.7%	0.04%
MAS	D	0.05%	0.28%	0.05%
MCK	B	0.11%	0.46%	0.11%
MKL	A	0.05%	0.33%	0.05%
MLI	C	0.03%	0.34%	0.03%
MMM	D	0.35%	0.21%	0.21%
MO	A	0.37%	0.34%	0.34%
MPC	D	0.4%	0.29%	0.29%
MRK	F	0.42%	0.34%	0.34%
MRO	B	0.09%	0.35%	0.09%
MSI	B	0.07%	1.52%	0.07%
MTB	A	0.11%	0.32%	0.11%
MTG	C	0.02%	0.29%	0.02%
MUSA	A	0.04%	0.74%	0.04%
NTAP	C	0.07%	0.79%	0.07%
NTRS	A	0.08%	0.33%	0.08%
OGE	B	0.03%	0.34%	0.03%
ORI	A	0.05%	0.35%	0.05%
ORLY	B	0.11%	0.82%	0.11%
PCAR	B	0.15%	0.37%	0.15%
PCG	A	0.03%	0.31%	0.03%
PG	A	0.77%	0.32%	0.32%
PGR	A	0.23%	0.35%	0.23%
PNW	B	0.04%	0.3%	0.04%
POST	C	0.02%	0.3%	0.02%
PRI	A	0.03%	0.35%	0.03%
PYPL	B	0.22%	0.23%	0.22%
REGN	F	0.1%	0.28%	0.1%
RGA	A	0.04%	0.34%	0.04%
RJF	A	0.05%	0.4%	0.05%
ROP	B	0.05%	1.35%	0.05%
RSG	A	0.06%	0.4%	0.06%
SAIC	F	0.02%	0.3%	0.02%
SFM	A	0.05%	0.29%	0.05%
SNX	C	0.03%	1.17%	0.03%
SSNC	B	0.04%	0.36%	0.04%
SYF	B	0.34%	0.32%	0.32%
SYY	B	0.1%	0.31%	0.1%
T	A	1.27%	1.05%	1.05%
TAP	C	0.05%	0.32%	0.05%
TDY	B	0.03%	1.34%	0.03%
THC	D	0.07%	0.28%	0.07%
TJX	A	0.22%	0.85%	0.22%
TMO	F	0.25%	0.31%	0.25%
TMUS	B	0.25%	1.29%	0.25%
TRV	B	0.31%	0.37%	0.31%
UHS	D	0.08%	0.31%	0.08%
UNM	A	0.06%	0.38%	0.06%
VICI	C	0.02%	0.31%	0.02%
VLO	C	0.39%	0.32%	0.32%
VOYA	B	0.03%	0.35%	0.03%
VRSK	A	0.04%	0.38%	0.04%
VRSN	F	0.01%	1.43%	0.01%
VTRS	A	0.1%	0.32%	0.1%
VZ	C	1.13%	0.87%	0.87%
WFC	A	1.35%	0.39%	0.39%
WM	A	0.15%	0.42%	0.15%
WMT	A	1.47%	0.35%	0.35%
WPC	D	0.02%	0.27%	0.02%
WRB	A	0.03%	0.33%	0.03%
XOM	B	1.99%	0.43%	0.43%
ZBH	C	0.05%	0.38%	0.05%

FNDX Overweight 557 Positions Relative to USMF

Symbol	Grade	Weight
AAPL	C	4.35%
MSFT	F	2.43%
META	D	1.79%
AMZN	C	1.56%
GOOGL	C	1.33%
BAC	A	1.3%
CVX	A	1.25%
UNH	C	1.22%
GOOG	C	1.14%
C	A	1.1%
INTC	D	0.89%
CSCO	B	0.82%
HD	A	0.8%
CVS	D	0.68%
PFE	D	0.68%
COST	B	0.66%
LUMN	C	0.65%
GS	A	0.62%
AVGO	D	0.61%
ORCL	B	0.5%
PM	B	0.48%
COF	B	0.48%
MS	A	0.46%
QCOM	F	0.43%
LOW	D	0.43%
CAT	B	0.41%
PEP	F	0.41%
NVDA	C	0.4%
AMGN	D	0.39%
MU	D	0.38%
TGT	F	0.38%
HON	B	0.37%
PSX	C	0.36%
ACN	C	0.36%
V	A	0.36%
CHTR	C	0.35%
KO	D	0.35%
UNP	C	0.35%
RTX	C	0.34%
TXN	C	0.34%
MCD	D	0.34%
F	C	0.33%
LIN	D	0.33%
USB	A	0.32%
PNC	B	0.3%
MA	C	0.29%
TSLA	B	0.28%
BLK	C	0.28%
SBUX	A	0.28%
UPS	C	0.28%
DFS	B	0.26%
MET	A	0.26%
SO	D	0.26%
CB	C	0.26%
BK	A	0.26%
NEE	D	0.24%
AMAT	F	0.24%
BKNG	A	0.24%
KMI	A	0.23%
TFC	A	0.23%
ETN	A	0.23%
CSX	B	0.22%
PRU	A	0.22%
ADM	D	0.21%
NSC	B	0.21%
GD	F	0.21%
HPE	B	0.21%
ADBE	C	0.2%
MDLZ	F	0.2%
NOC	D	0.2%
TSN	B	0.2%
LLY	F	0.2%
HUM	C	0.19%
NKE	D	0.19%
CMI	A	0.19%
NUE	C	0.19%
DOW	F	0.18%
EXC	C	0.17%
WMB	A	0.17%
IP	B	0.17%
WBA	F	0.17%
NFLX	A	0.17%
EMR	A	0.17%
D	C	0.17%
DD	D	0.17%
VST	B	0.16%
DHI	D	0.16%
BKR	B	0.16%
BBY	D	0.16%
LEN	D	0.16%
JCI	C	0.16%
MDT	D	0.16%
DHR	F	0.15%
SPGI	C	0.15%
LRCX	F	0.15%
ITW	B	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%
APD	A	0.13%
PH	A	0.13%
SCHW	B	0.13%
FITB	A	0.13%
SYK	C	0.13%
TROW	B	0.13%
BX	A	0.13%
ADI	D	0.13%
AON	A	0.13%
SRE	A	0.13%
NEM	D	0.13%
CBRE	B	0.13%
URI	B	0.13%
FIS	C	0.12%
ED	D	0.12%
SLB	C	0.12%
WDC	D	0.12%
CARR	D	0.12%
KKR	A	0.12%
XEL	A	0.12%
PARA	C	0.11%
PEG	A	0.11%
BDX	F	0.11%
OXY	D	0.11%
PPL	B	0.11%
BA	F	0.11%
ICE	C	0.11%
INTU	C	0.11%
PHM	D	0.11%
STLD	B	0.11%
ALLY	C	0.1%
STT	A	0.1%
CEG	D	0.1%
KEY	B	0.1%
WELL	A	0.1%
BG	F	0.1%
NRG	B	0.1%
SPG	B	0.1%
CFG	B	0.1%
RF	A	0.09%
GPN	B	0.09%
SW	A	0.09%
ISRG	A	0.09%
STX	D	0.09%
FE	C	0.09%
RS	B	0.09%
BIIB	F	0.09%
CTVA	C	0.09%
PFG	D	0.09%
MAR	B	0.09%
APH	A	0.09%
WY	D	0.09%
CCI	D	0.09%
AMD	F	0.09%
GEHC	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%
YUM	B	0.08%
WHR	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%
WKC	D	0.08%
DLR	B	0.08%
EQIX	A	0.08%
CTAS	B	0.08%
JLL	D	0.08%
WBD	C	0.08%
SHW	A	0.08%
K	A	0.07%
BAX	D	0.07%
IQV	D	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%
WTW	B	0.07%
AEE	A	0.07%
TRGP	B	0.07%
MCO	B	0.07%
EVRG	A	0.07%
STZ	D	0.07%
PWR	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%
ROST	C	0.07%
DTE	C	0.07%
VRTX	F	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%
CPAY	A	0.06%
JEF	A	0.06%
TXT	D	0.06%
BLDR	D	0.06%
ROK	B	0.06%
BALL	D	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%
TT	A	0.06%
FNF	B	0.06%
PAYX	C	0.06%
WAB	B	0.06%
TDG	D	0.06%
KSS	F	0.06%
MOS	F	0.06%
KMX	B	0.06%
MOH	F	0.05%
ACM	A	0.05%
VNO	B	0.05%
NI	A	0.05%
MNST	C	0.05%
VMC	B	0.05%
AFG	A	0.05%
JBHT	C	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%
AES	F	0.05%
AJG	B	0.05%
AN	C	0.05%
BXP	D	0.05%
GPC	D	0.05%
OTIS	C	0.05%
KD	B	0.05%
AVB	B	0.05%
DXC	B	0.05%
LEA	D	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%
BWA	D	0.05%
TPR	B	0.05%
AME	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%
A	D	0.05%
ANET	C	0.04%
O	D	0.04%
FBIN	D	0.04%
UBER	D	0.04%
BCC	B	0.04%
TER	D	0.04%
OSK	B	0.04%
AVY	D	0.04%
AMG	B	0.04%
KEYS	A	0.04%
ZIM	C	0.04%
UFPI	B	0.04%
PNR	A	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%
WAT	B	0.04%
ZBRA	B	0.04%
DKS	C	0.04%
GT	C	0.04%
ATO	A	0.04%
SWKS	F	0.04%
RHI	B	0.04%
HSIC	B	0.04%
CHD	B	0.04%
AWK	D	0.04%
EW	C	0.04%
LNT	A	0.04%
FAF	A	0.04%
LPLA	A	0.04%
PVH	C	0.04%
NWSA	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%
OGN	D	0.04%
JXN	C	0.04%
MAN	D	0.04%
EQT	B	0.04%
MLM	B	0.04%
GEV	B	0.04%
MRVL	B	0.04%
UGI	A	0.04%
CDW	F	0.04%
DELL	C	0.03%
EXP	A	0.03%
SEE	C	0.03%
THG	A	0.03%
LSTR	D	0.03%
INVH	D	0.03%
AR	B	0.03%
SCI	B	0.03%
IEX	B	0.03%
MRNA	F	0.03%
ACGL	D	0.03%
CPRT	A	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%
RVTY	F	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%
BC	C	0.03%
STE	F	0.03%
APO	B	0.03%
ABG	B	0.03%
SNV	B	0.03%
ARE	D	0.03%
ALB	C	0.03%
SEIC	B	0.03%
MSCI	C	0.03%
KIM	A	0.03%
TTWO	A	0.03%
QRVO	F	0.03%
MTD	D	0.03%
AMCR	D	0.03%
CPB	D	0.03%
EFX	F	0.03%
DAL	C	0.03%
CAR	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%
ESS	B	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
HRL	D	0.03%
XYL	D	0.03%
SNPS	B	0.03%
NDAQ	A	0.03%
WU	D	0.03%
TRMB	B	0.03%
CIEN	B	0.03%
ULTA	F	0.03%
GNW	A	0.03%
NXST	C	0.03%
GRMN	B	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%
DECK	A	0.03%
PANW	C	0.03%
DPZ	C	0.03%
FTV	C	0.03%
CE	F	0.03%
WSO	A	0.03%
RMD	C	0.03%
IR	B	0.03%
CDNS	B	0.03%
PBF	D	0.03%
MTZ	B	0.03%
ADSK	A	0.03%
MKC	D	0.03%
SANM	B	0.03%
NWL	B	0.03%
HBI	B	0.03%
HUBB	B	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%
TFX	F	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%
ASO	F	0.02%
WERN	C	0.02%
LW	C	0.02%
OI	C	0.02%
NFG	A	0.02%
ANSS	B	0.02%
ASGN	F	0.02%
SBAC	D	0.02%
NAVI	C	0.02%
SM	B	0.02%
NDSN	B	0.02%
WST	C	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%
HUBG	A	0.02%
SLG	B	0.02%
GGG	B	0.02%
GXO	B	0.02%
CTLT	B	0.02%
PENN	C	0.02%
IDXX	F	0.02%
JKHY	D	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%
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%
REG	B	0.02%
PK	B	0.02%
BRX	A	0.02%
UDR	B	0.02%
ABM	B	0.02%
DAR	C	0.02%
ATR	B	0.02%
BJ	A	0.02%
RUSHA	C	0.02%
REZI	A	0.02%
GNRC	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%
CRL	C	0.01%
ICLR	D	0.01%
WTRG	B	0.01%
MSM	C	0.01%
SPTN	D	0.01%
MMS	F	0.01%
AEO	F	0.01%
CYH	F	0.01%
JAZZ	B	0.01%
BLD	D	0.01%
NOW	A	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%
XRAY	F	0.01%
DK	C	0.01%
HTZ	C	0.01%
DAN	D	0.01%
LULU	C	0.01%
UNFI	A	0.01%
CRI	D	0.01%
CNX	A	0.01%
CPRI	F	0.01%

FNDX Underweight 35 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.61%
TYL	B	-1.12%
FICO	B	-1.08%
ZM	B	-1.07%
DOCU	A	-1.02%
CVLT	B	-1.01%
DT	C	-0.92%
NYT	C	-0.88%
TXRH	C	-0.81%
WDAY	B	-0.81%
INFA	D	-0.66%
NTNX	A	-0.64%
CRUS	D	-0.5%
EXEL	B	-0.43%
UTHR	C	-0.41%
IBKR	A	-0.4%
ADTN	A	-0.4%
ANF	C	-0.39%
PPC	C	-0.37%
RLI	B	-0.36%
CNA	B	-0.35%
MSA	D	-0.34%
ELS	C	-0.32%
NNN	D	-0.31%
CBSH	A	-0.31%
FRT	B	-0.3%
REYN	D	-0.3%
RYAN	B	-0.29%
CRS	A	-0.29%
NBIX	C	-0.25%
FCN	D	-0.24%
HALO	F	-0.23%
PAYC	B	-0.23%
BMRN	D	-0.2%
LNTH	D	-0.13%