FNDX vs. ZZZ ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)

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

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

709

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	ZZZ
30 Days	3.67%	13.77%
60 Days	4.58%	12.62%
90 Days	6.53%	13.76%
12 Months	29.67%

458 Overlapping Holdings

Symbol	Grade	Weight in FNDX	Weight in ZZZ	Overlap
A	D	0.05%	0.04%	0.04%
AAL	B	0.01%	0.01%	0.01%
AAPL	C	4.35%	3.67%	3.67%
ABBV	D	0.49%	0.32%	0.32%
ABT	B	0.34%	0.22%	0.22%
ACGL	D	0.03%	0.04%	0.03%
ACN	C	0.36%	0.24%	0.24%
ADBE	C	0.2%	0.22%	0.2%
ADI	D	0.13%	0.12%	0.12%
ADM	D	0.21%	0.03%	0.03%
ADP	B	0.15%	0.13%	0.13%
ADSK	A	0.03%	0.07%	0.03%
AEE	A	0.07%	0.03%	0.03%
AEP	D	0.16%	0.05%	0.05%
AES	F	0.05%	0.01%	0.01%
AFL	B	0.21%	0.06%	0.06%
AIG	B	0.28%	0.06%	0.06%
AIZ	A	0.03%	0.02%	0.02%
AJG	B	0.05%	0.07%	0.05%
AKAM	D	0.03%	0.01%	0.01%
ALB	C	0.03%	0.01%	0.01%
ALGN	D	0.02%	0.03%	0.02%
ALL	A	0.27%	0.07%	0.07%
ALLE	D	0.01%	0.02%	0.01%
AMAT	F	0.24%	0.15%	0.15%
AMCR	D	0.03%	0.02%	0.02%
AMD	F	0.09%	0.25%	0.09%
AME	A	0.05%	0.04%	0.04%
AMGN	D	0.39%	0.16%	0.16%
AMP	A	0.15%	0.06%	0.06%
AMT	D	0.11%	0.11%	0.11%
AMZN	C	1.56%	2.04%	1.56%
ANET	C	0.04%	0.08%	0.04%
ANSS	B	0.02%	0.04%	0.02%
AON	A	0.13%	0.09%	0.09%
AOS	F	0.02%	0.01%	0.01%
APA	D	0.03%	0.01%	0.01%
APD	A	0.13%	0.07%	0.07%
APH	A	0.09%	0.09%	0.09%
APTV	D	0.02%	0.02%	0.02%
ARE	D	0.03%	0.02%	0.02%
ATO	A	0.04%	0.02%	0.02%
AVB	B	0.05%	0.03%	0.03%
AVGO	D	0.61%	0.76%	0.61%
AVY	D	0.04%	0.02%	0.02%
AWK	D	0.04%	0.03%	0.03%
AXP	A	0.36%	0.19%	0.19%
BA	F	0.11%	0.1%	0.1%
BAC	A	1.3%	0.36%	0.36%
BALL	D	0.06%	0.02%	0.02%
BAX	D	0.07%	0.02%	0.02%
BBWI	D	0.03%	0.01%	0.01%
BBY	D	0.16%	0.02%	0.02%
BDX	F	0.11%	0.08%	0.08%
BEN	C	0.04%	0.01%	0.01%
BG	F	0.1%	0.01%	0.01%
BIIB	F	0.09%	0.02%	0.02%
BK	A	0.26%	0.07%	0.07%
BKR	B	0.16%	0.05%	0.05%
BLDR	D	0.06%	0.02%	0.02%
BLK	C	0.28%	0.12%	0.12%
BMY	B	0.45%	0.13%	0.13%
BR	A	0.03%	0.03%	0.03%
BRK.A	B	2.17%	0.95%	0.95%
BRO	B	0.02%	0.02%	0.02%
BSX	B	0.09%	0.14%	0.09%
BWA	D	0.05%	0.01%	0.01%
BX	A	0.13%	0.14%	0.13%
BXP	D	0.05%	0.01%	0.01%
C	A	1.1%	0.15%	0.15%
CAG	D	0.06%	0.01%	0.01%
CAH	B	0.07%	0.03%	0.03%
CARR	D	0.12%	0.07%	0.07%
CAT	B	0.41%	0.22%	0.22%
CB	C	0.26%	0.13%	0.13%
CBOE	B	0.01%	0.02%	0.01%
CBRE	B	0.13%	0.04%	0.04%
CCI	D	0.09%	0.05%	0.05%
CCL	B	0.06%	0.03%	0.03%
CDNS	B	0.03%	0.1%	0.03%
CDW	F	0.04%	0.02%	0.02%
CE	F	0.03%	0.01%	0.01%
CEG	D	0.1%	0.08%	0.08%
CF	B	0.07%	0.02%	0.02%
CFG	B	0.1%	0.03%	0.03%
CHD	B	0.04%	0.02%	0.02%
CHRW	C	0.08%	0.01%	0.01%
CHTR	C	0.35%	0.04%	0.04%
CI	F	0.48%	0.11%	0.11%
CINF	A	0.07%	0.03%	0.03%
CL	D	0.13%	0.09%	0.09%
CLX	B	0.04%	0.02%	0.02%
CMA	A	0.07%	0.01%	0.01%
CMCSA	B	0.83%	0.19%	0.19%
CME	A	0.08%	0.1%	0.08%
CMI	A	0.19%	0.04%	0.04%
CMS	C	0.06%	0.02%	0.02%
CNC	D	0.19%	0.03%	0.03%
CNP	B	0.06%	0.02%	0.02%
COF	B	0.48%	0.08%	0.08%
COP	C	0.48%	0.15%	0.15%
COR	B	0.02%	0.05%	0.02%
COST	B	0.66%	0.41%	0.41%
CPAY	A	0.06%	0.04%	0.04%
CPB	D	0.03%	0.01%	0.01%
CPRT	A	0.03%	0.06%	0.03%
CPT	B	0.02%	0.01%	0.01%
CRL	C	0.01%	0.02%	0.01%
CRM	B	0.15%	0.36%	0.15%
CSCO	B	0.82%	0.26%	0.26%
CSX	B	0.22%	0.08%	0.08%
CTAS	B	0.08%	0.1%	0.08%
CTLT	B	0.02%	0.01%	0.01%
CTRA	B	0.03%	0.02%	0.02%
CTSH	B	0.19%	0.04%	0.04%
CTVA	C	0.09%	0.04%	0.04%
CVS	D	0.68%	0.08%	0.08%
CVX	A	1.25%	0.31%	0.31%
CZR	F	0.02%	0.01%	0.01%
D	C	0.17%	0.05%	0.05%
DAL	C	0.03%	0.04%	0.03%
DD	D	0.17%	0.04%	0.04%
DE	A	0.23%	0.14%	0.14%
DFS	B	0.26%	0.04%	0.04%
DG	F	0.08%	0.02%	0.02%
DGX	A	0.07%	0.02%	0.02%
DHI	D	0.16%	0.05%	0.05%
DHR	F	0.15%	0.16%	0.15%
DIS	B	0.45%	0.23%	0.23%
DLR	B	0.08%	0.06%	0.06%
DLTR	F	0.05%	0.01%	0.01%
DOC	D	0.03%	0.01%	0.01%
DOV	A	0.06%	0.02%	0.02%
DOW	F	0.18%	0.03%	0.03%
DRI	B	0.05%	0.02%	0.02%
DTE	C	0.07%	0.03%	0.03%
DUK	C	0.3%	0.1%	0.1%
DVA	B	0.06%	0.02%	0.02%
DVN	F	0.09%	0.03%	0.03%
EA	A	0.09%	0.04%	0.04%
EBAY	D	0.17%	0.03%	0.03%
ECL	D	0.08%	0.08%	0.08%
ED	D	0.12%	0.03%	0.03%
EFX	F	0.03%	0.03%	0.03%
EIX	B	0.1%	0.04%	0.04%
EL	F	0.03%	0.01%	0.01%
ELV	F	0.36%	0.09%	0.09%
EMN	D	0.08%	0.01%	0.01%
EMR	A	0.17%	0.09%	0.09%
EOG	A	0.23%	0.09%	0.09%
EPAM	C	0.02%	0.03%	0.02%
EQIX	A	0.08%	0.1%	0.08%
EQR	B	0.05%	0.03%	0.03%
EQT	B	0.04%	0.02%	0.02%
ES	D	0.08%	0.02%	0.02%
ESS	B	0.03%	0.03%	0.03%
ETN	A	0.23%	0.16%	0.16%
ETR	B	0.12%	0.03%	0.03%
EVRG	A	0.07%	0.01%	0.01%
EW	C	0.04%	0.05%	0.04%
EXC	C	0.17%	0.04%	0.04%
EXPD	D	0.04%	0.01%	0.01%
EXPE	B	0.04%	0.02%	0.02%
EXR	D	0.03%	0.04%	0.03%
F	C	0.33%	0.05%	0.05%
FANG	D	0.05%	0.04%	0.04%
FAST	B	0.07%	0.06%	0.06%
FCX	D	0.14%	0.07%	0.07%
FDX	B	0.32%	0.07%	0.07%
FE	C	0.09%	0.02%	0.02%
FFIV	B	0.03%	0.03%	0.03%
FI	A	0.13%	0.14%	0.13%
FIS	C	0.12%	0.06%	0.06%
FITB	A	0.13%	0.04%	0.04%
FMC	D	0.03%	0.01%	0.01%
FOXA	B	0.1%	0.01%	0.01%
FSLR	F	0.01%	0.02%	0.01%
FTNT	C	0.03%	0.06%	0.03%
FTV	C	0.03%	0.03%	0.03%
GD	F	0.21%	0.06%	0.06%
GE	D	0.15%	0.22%	0.15%
GEHC	F	0.09%	0.04%	0.04%
GEN	B	0.04%	0.02%	0.02%
GEV	B	0.04%	0.08%	0.04%
GILD	C	0.37%	0.12%	0.12%
GIS	D	0.11%	0.04%	0.04%
GL	B	0.03%	0.01%	0.01%
GLW	B	0.14%	0.04%	0.04%
GM	B	0.79%	0.09%	0.09%
GNRC	B	0.02%	0.02%	0.02%
GOOG	C	1.14%	0.97%	0.97%
GOOGL	C	1.33%	1.13%	1.13%
GPC	D	0.05%	0.01%	0.01%
GPN	B	0.09%	0.04%	0.04%
GRMN	B	0.03%	0.05%	0.03%
GS	A	0.62%	0.2%	0.2%
HAL	C	0.06%	0.03%	0.03%
HAS	D	0.03%	0.01%	0.01%
HBAN	A	0.08%	0.03%	0.03%
HCA	F	0.2%	0.08%	0.08%
HD	A	0.8%	0.46%	0.46%
HES	B	0.06%	0.05%	0.05%
HIG	B	0.14%	0.04%	0.04%
HLT	A	0.06%	0.08%	0.06%
HOLX	D	0.04%	0.02%	0.02%
HON	B	0.37%	0.18%	0.18%
HPE	B	0.21%	0.03%	0.03%
HPQ	B	0.21%	0.04%	0.04%
HRL	D	0.03%	0.01%	0.01%
HSIC	B	0.04%	0.01%	0.01%
HST	C	0.04%	0.01%	0.01%
HSY	F	0.04%	0.02%	0.02%
HUBB	B	0.03%	0.05%	0.03%
HUM	C	0.19%	0.03%	0.03%
HWM	A	0.07%	0.05%	0.05%
IBM	C	0.54%	0.21%	0.21%
ICE	C	0.11%	0.11%	0.11%
IDXX	F	0.02%	0.05%	0.02%
IEX	B	0.03%	0.03%	0.03%
IFF	D	0.05%	0.03%	0.03%
ILMN	D	0.03%	0.03%	0.03%
INTC	D	0.89%	0.12%	0.12%
INTU	C	0.11%	0.23%	0.11%
INVH	D	0.03%	0.02%	0.02%
IP	B	0.17%	0.02%	0.02%
IPG	D	0.04%	0.01%	0.01%
IQV	D	0.07%	0.04%	0.04%
IR	B	0.03%	0.05%	0.03%
IRM	D	0.06%	0.04%	0.04%
ISRG	A	0.09%	0.18%	0.09%
IT	C	0.03%	0.06%	0.03%
ITW	B	0.15%	0.09%	0.09%
IVZ	B	0.05%	0.01%	0.01%
J	F	0.05%	0.02%	0.02%
JBHT	C	0.05%	0.02%	0.02%
JBL	B	0.06%	0.01%	0.01%
JCI	C	0.16%	0.07%	0.07%
JKHY	D	0.02%	0.02%	0.02%
JNJ	D	0.89%	0.42%	0.42%
JNPR	F	0.05%	0.01%	0.01%
JPM	A	2.03%	0.8%	0.8%
K	A	0.07%	0.03%	0.03%
KDP	D	0.07%	0.04%	0.04%
KEY	B	0.1%	0.02%	0.02%
KEYS	A	0.04%	0.03%	0.03%
KHC	F	0.09%	0.03%	0.03%
KIM	A	0.03%	0.02%	0.02%
KLAC	D	0.08%	0.07%	0.07%
KMB	D	0.1%	0.05%	0.05%
KMI	A	0.23%	0.06%	0.06%
KMX	B	0.06%	0.02%	0.02%
KO	D	0.35%	0.26%	0.26%
KR	B	0.3%	0.05%	0.05%
KVUE	A	0.05%	0.05%	0.05%
L	A	0.05%	0.02%	0.02%
LDOS	C	0.07%	0.02%	0.02%
LEN	D	0.16%	0.04%	0.04%
LH	C	0.09%	0.03%	0.03%
LHX	C	0.16%	0.05%	0.05%
LIN	D	0.33%	0.25%	0.25%
LKQ	D	0.05%	0.01%	0.01%
LLY	F	0.2%	0.59%	0.2%
LMT	D	0.37%	0.12%	0.12%
LNT	A	0.04%	0.02%	0.02%
LOW	D	0.43%	0.18%	0.18%
LRCX	F	0.15%	0.08%	0.08%
LULU	C	0.01%	0.03%	0.01%
LUV	C	0.02%	0.02%	0.02%
LVS	C	0.04%	0.02%	0.02%
LW	C	0.02%	0.01%	0.01%
LYB	F	0.14%	0.03%	0.03%
MA	C	0.29%	0.47%	0.29%
MAA	B	0.03%	0.02%	0.02%
MAR	B	0.09%	0.06%	0.06%
MAS	D	0.05%	0.02%	0.02%
MCD	D	0.34%	0.23%	0.23%
MCHP	D	0.05%	0.04%	0.04%
MCK	B	0.11%	0.07%	0.07%
MCO	B	0.07%	0.11%	0.07%
MDLZ	F	0.2%	0.09%	0.09%
MDT	D	0.16%	0.13%	0.13%
MET	A	0.26%	0.06%	0.06%
META	D	1.79%	1.35%	1.35%
MGM	D	0.06%	0.01%	0.01%
MHK	D	0.06%	0.02%	0.02%
MKC	D	0.03%	0.02%	0.02%
MLM	B	0.04%	0.07%	0.04%
MMC	B	0.14%	0.13%	0.13%
MMM	D	0.35%	0.07%	0.07%
MNST	C	0.05%	0.04%	0.04%
MO	A	0.37%	0.11%	0.11%
MOH	F	0.05%	0.03%	0.03%
MOS	F	0.06%	0.01%	0.01%
MPC	D	0.4%	0.07%	0.07%
MRK	F	0.42%	0.27%	0.27%
MRNA	F	0.03%	0.01%	0.01%
MRO	B	0.09%	0.02%	0.02%
MS	A	0.46%	0.18%	0.18%
MSCI	C	0.03%	0.07%	0.03%
MSFT	F	2.43%	3.4%	2.43%
MSI	B	0.07%	0.11%	0.07%
MTB	A	0.11%	0.05%	0.05%
MU	D	0.38%	0.12%	0.12%
NDAQ	A	0.03%	0.03%	0.03%
NDSN	B	0.02%	0.03%	0.02%
NEE	D	0.24%	0.17%	0.17%
NEM	D	0.13%	0.05%	0.05%
NFLX	A	0.17%	0.38%	0.17%
NI	A	0.05%	0.02%	0.02%
NKE	D	0.19%	0.1%	0.1%
NOC	D	0.2%	0.05%	0.05%
NOW	A	0.01%	0.23%	0.01%
NRG	B	0.1%	0.02%	0.02%
NSC	B	0.21%	0.06%	0.06%
NTAP	C	0.07%	0.03%	0.03%
NTRS	A	0.08%	0.02%	0.02%
NUE	C	0.19%	0.03%	0.03%
NVDA	C	0.4%	3.81%	0.4%
NWSA	B	0.04%	0.01%	0.01%
NXPI	D	0.05%	0.07%	0.05%
O	D	0.04%	0.04%	0.04%
ODFL	B	0.06%	0.05%	0.05%
OKE	A	0.14%	0.08%	0.08%
OMC	C	0.08%	0.02%	0.02%
ON	D	0.04%	0.03%	0.03%
ORCL	B	0.5%	0.33%	0.33%
ORLY	B	0.11%	0.14%	0.11%
OTIS	C	0.05%	0.05%	0.05%
OXY	D	0.11%	0.04%	0.04%
PANW	C	0.03%	0.13%	0.03%
PARA	C	0.11%	0.01%	0.01%
PAYX	C	0.06%	0.05%	0.05%
PCAR	B	0.15%	0.06%	0.06%
PCG	A	0.03%	0.05%	0.03%
PEG	A	0.11%	0.05%	0.05%
PEP	F	0.41%	0.25%	0.25%
PFE	D	0.68%	0.16%	0.16%
PFG	D	0.09%	0.02%	0.02%
PG	A	0.77%	0.44%	0.44%
PGR	A	0.23%	0.17%	0.17%
PH	A	0.13%	0.08%	0.08%
PHM	D	0.11%	0.03%	0.03%
PKG	A	0.07%	0.03%	0.03%
PLD	D	0.07%	0.12%	0.07%
PM	B	0.48%	0.22%	0.22%
PNC	B	0.3%	0.09%	0.09%
PNR	A	0.04%	0.02%	0.02%
PNW	B	0.04%	0.01%	0.01%
PPG	F	0.08%	0.03%	0.03%
PPL	B	0.11%	0.03%	0.03%
PRU	A	0.22%	0.06%	0.06%
PSA	D	0.05%	0.08%	0.05%
PSX	C	0.36%	0.06%	0.06%
PWR	A	0.07%	0.04%	0.04%
PYPL	B	0.22%	0.1%	0.1%
QCOM	F	0.43%	0.2%	0.2%
QRVO	F	0.03%	0.01%	0.01%
REG	B	0.02%	0.02%	0.02%
REGN	F	0.1%	0.09%	0.09%
RF	A	0.09%	0.03%	0.03%
RHI	B	0.04%	0.01%	0.01%
RJF	A	0.05%	0.04%	0.04%
RMD	C	0.03%	0.03%	0.03%
ROK	B	0.06%	0.03%	0.03%
ROP	B	0.05%	0.06%	0.05%
ROST	C	0.07%	0.05%	0.05%
RSG	A	0.06%	0.05%	0.05%
RTX	C	0.34%	0.19%	0.19%
RVTY	F	0.03%	0.01%	0.01%
SBAC	D	0.02%	0.02%	0.02%
SBUX	A	0.28%	0.12%	0.12%
SCHW	B	0.13%	0.14%	0.13%
SHW	A	0.08%	0.08%	0.08%
SJM	D	0.05%	0.01%	0.01%
SLB	C	0.12%	0.07%	0.07%
SNA	A	0.06%	0.04%	0.04%
SNPS	B	0.03%	0.12%	0.03%
SO	D	0.26%	0.11%	0.11%
SOLV	C	0.02%	0.01%	0.01%
SPG	B	0.1%	0.06%	0.06%
SPGI	C	0.15%	0.17%	0.15%
SRE	A	0.13%	0.06%	0.06%
STE	F	0.03%	0.02%	0.02%
STLD	B	0.11%	0.03%	0.03%
STT	A	0.1%	0.03%	0.03%
STX	D	0.09%	0.02%	0.02%
STZ	D	0.07%	0.05%	0.05%
SW	A	0.09%	0.02%	0.02%
SWK	D	0.07%	0.02%	0.02%
SWKS	F	0.04%	0.02%	0.02%
SYF	B	0.34%	0.03%	0.03%
SYK	C	0.13%	0.13%	0.13%
SYY	B	0.1%	0.04%	0.04%
T	A	1.27%	0.18%	0.18%
TAP	C	0.05%	0.01%	0.01%
TDG	D	0.06%	0.14%	0.06%
TER	D	0.04%	0.02%	0.02%
TFC	A	0.23%	0.07%	0.07%
TGT	F	0.38%	0.09%	0.09%
TJX	A	0.22%	0.15%	0.15%
TMO	F	0.25%	0.23%	0.23%
TMUS	B	0.25%	0.13%	0.13%
TPR	B	0.05%	0.01%	0.01%
TRGP	B	0.07%	0.04%	0.04%
TRMB	B	0.03%	0.02%	0.02%
TROW	B	0.13%	0.03%	0.03%
TRV	B	0.31%	0.06%	0.06%
TSCO	D	0.06%	0.03%	0.03%
TSLA	B	0.28%	0.92%	0.28%
TSN	B	0.2%	0.02%	0.02%
TT	A	0.06%	0.09%	0.06%
TTWO	A	0.03%	0.04%	0.03%
TXN	C	0.34%	0.21%	0.21%
TXT	D	0.06%	0.02%	0.02%
UBER	D	0.04%	0.16%	0.04%
UDR	B	0.02%	0.02%	0.02%
UHS	D	0.08%	0.02%	0.02%
UNH	C	1.22%	0.6%	0.6%
UNP	C	0.35%	0.16%	0.16%
UPS	C	0.28%	0.11%	0.11%
URI	B	0.13%	0.09%	0.09%
USB	A	0.32%	0.09%	0.09%
V	A	0.36%	0.56%	0.36%
VFC	C	0.07%	0.01%	0.01%
VICI	C	0.02%	0.04%	0.02%
VLO	C	0.39%	0.05%	0.05%
VMC	B	0.05%	0.03%	0.03%
VRSK	A	0.04%	0.03%	0.03%
VRSN	F	0.01%	0.02%	0.01%
VRTX	F	0.07%	0.16%	0.07%
VTR	C	0.08%	0.03%	0.03%
VTRS	A	0.1%	0.02%	0.02%
VZ	C	1.13%	0.2%	0.2%
WAB	B	0.06%	0.04%	0.04%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.17%	0.01%	0.01%
WBD	C	0.08%	0.02%	0.02%
WDC	D	0.12%	0.02%	0.02%
WEC	A	0.08%	0.03%	0.03%
WELL	A	0.1%	0.08%	0.08%
WFC	A	1.35%	0.3%	0.3%
WHR	B	0.08%	0.01%	0.01%
WM	A	0.15%	0.1%	0.1%
WMB	A	0.17%	0.08%	0.08%
WMT	A	1.47%	0.4%	0.4%
WRB	A	0.03%	0.02%	0.02%
WST	C	0.02%	0.03%	0.02%
WTW	B	0.07%	0.04%	0.04%
WY	D	0.09%	0.02%	0.02%
XEL	A	0.12%	0.04%	0.04%
XOM	B	1.99%	0.6%	0.6%
XRAY	F	0.01%	0.0%	0.0%
XYL	D	0.03%	0.03%	0.03%
YUM	B	0.08%	0.05%	0.05%
ZBH	C	0.05%	0.03%	0.03%
ZBRA	B	0.04%	0.04%	0.04%
ZION	B	0.06%	0.01%	0.01%
ZTS	D	0.07%	0.1%	0.07%

FNDX Overweight 263 Positions Relative to ZZZ

Symbol	Grade	Weight
LUMN	C	0.65%
BKNG	A	0.24%
VST	B	0.16%
KKR	A	0.12%
ALLY	C	0.1%
RS	B	0.09%
ARW	D	0.08%
NVR	D	0.08%
USFD	A	0.08%
GWW	B	0.08%
WKC	D	0.08%
JLL	D	0.08%
OC	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%
AZO	C	0.06%
AA	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%
CMG	B	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%
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%
DELL	C	0.03%
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%
TDY	B	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%
KBH	D	0.03%
BURL	A	0.03%
CW	B	0.03%
TPH	D	0.03%
LII	A	0.03%
G	B	0.03%
GDDY	A	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%
MTD	D	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%
RL	B	0.03%
AGCO	D	0.03%
CACI	D	0.03%
MTH	D	0.03%
JHG	A	0.03%
CLF	F	0.03%
HII	D	0.03%
EWBC	A	0.03%
WU	D	0.03%
CIEN	B	0.03%
ULTA	F	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%
DECK	A	0.03%
DPZ	C	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%
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%
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%
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%
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%
FTI	A	0.01%
JWN	C	0.01%
HRB	D	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 22 Positions Relative to ZZZ

Symbol	Grade	Weight
AXON	A	-0.07%
ABNB	C	-0.06%
RCL	A	-0.05%
PODD	C	-0.03%
UAL	A	-0.03%
CSGP	D	-0.03%
DXCM	D	-0.03%
TECH	D	-0.02%
DAY	B	-0.02%
ROL	B	-0.02%
INCY	C	-0.02%
PTC	A	-0.02%
VLTO	D	-0.02%
ETSY	D	-0.01%
ENPH	F	-0.01%
WYNN	D	-0.01%
MTCH	D	-0.01%
NCLH	B	-0.01%
FRT	B	-0.01%
LYV	A	-0.01%
NWS	B	-0.0%
FOX	A	-0.0%