SCHK vs. HDGE ETF Comparison

Comparison of Schwab 1000 ETF (SCHK) to Ranger Equity Bear Bear ETF (HDGE)

SCHK

Schwab 1000 ETF

SCHK Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Schwab 1000 Index®. The Schwab 1000 Index is a float-adjusted market capitalization weighted index that includes the 1,000 largest stocks of publicly traded companies in the United States, with size being determined by market capitalization (total market value of all shares outstanding). It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in stocks included in the index.

Grade (RS Rating)

Last Trade

$55.20

Average Daily Volume

156,942

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

HDGE

Ranger Equity Bear Bear ETF

HDGE Description

The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

Grade (RS Rating)

Last Trade

$18.75

Average Daily Volume

98,412

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCHK	HDGE
30 Days	4.43%	-4.38%
60 Days	11.14%	-7.36%
90 Days	3.90%	-9.72%
12 Months	36.73%	-15.91%

30 Overlapping Holdings

Symbol	Grade	Weight in SCHK	Weight in HDGE	Overlap
AAL	D	0.01%	-1.34%	-1.34%
ALB	D	0.02%	-1.58%	-1.58%
ANSS	D	0.05%	-1.19%	-1.19%
CACC	F	0.01%	-1.19%	-1.19%
CFLT	F	0.01%	-1.67%	-1.67%
CFR	B	0.01%	-1.33%	-1.33%
CMA	C	0.02%	-1.79%	-1.79%
COIN	F	0.07%	-1.57%	-1.57%
CVS	D	0.14%	-2.34%	-2.34%
DAR	F	0.01%	-1.39%	-1.39%
DDOG	B	0.07%	-1.54%	-1.54%
DECK	B	0.04%	-1.19%	-1.19%
DKNG	C	0.04%	-2.05%	-2.05%
ETSY	F	0.01%	-1.57%	-1.57%
FR	D	0.01%	-1.67%	-1.67%
INFA	D	0.0%	-1.7%	-1.7%
LKQ	F	0.02%	-1.19%	-1.19%
MAR	A	0.11%	-2.41%	-2.41%
MKSI	F	0.01%	-1.62%	-1.62%
NET	D	0.05%	-1.81%	-1.81%
PAYC	D	0.02%	-1.49%	-1.49%
PCOR	D	0.01%	-1.75%	-1.75%
PTC	B	0.04%	-1.62%	-1.62%
ROKU	C	0.02%	-1.11%	-1.11%
SNA	C	0.03%	-1.73%	-1.73%
TEAM	D	0.05%	-2.37%	-2.37%
WEX	C	0.02%	-1.56%	-1.56%
WFC	B	0.35%	-1.26%	-1.26%
WSM	C	0.04%	-1.5%	-1.5%
ZS	F	0.03%	-1.27%	-1.27%

SCHK Overweight 932 Positions Relative to HDGE

Symbol	Grade	Weight
AAPL	C	6.48%
MSFT	D	5.98%
NVDA	B	5.58%
AMZN	C	3.4%
META	A	2.31%
GOOGL	B	1.78%
BRK.A	B	1.56%
AVGO	B	1.53%
GOOG	B	1.47%
LLY	D	1.37%
TSLA	C	1.32%
JPM	C	1.13%
UNH	B	1.0%
XOM	A	0.98%
V	B	0.85%
PG	D	0.76%
HD	A	0.75%
COST	C	0.75%
MA	A	0.75%
JNJ	D	0.74%
WMT	A	0.66%
ABBV	C	0.64%
NFLX	A	0.58%
MRK	F	0.55%
KO	C	0.52%
ORCL	A	0.5%
BAC	B	0.5%
CRM	B	0.49%
AMD	C	0.48%
CVX	B	0.47%
ADBE	F	0.44%
PEP	F	0.44%
TMO	D	0.44%
LIN	C	0.43%
CSCO	A	0.4%
ACN	B	0.4%
MCD	A	0.4%
GE	B	0.39%
IBM	A	0.38%
ABT	C	0.37%
NOW	B	0.36%
QCOM	D	0.35%
CAT	A	0.35%
TXN	C	0.35%
VZ	C	0.35%
PM	D	0.35%
DHR	D	0.33%
AMGN	D	0.33%
INTU	F	0.33%
DIS	D	0.32%
ISRG	C	0.32%
NEE	C	0.32%
UBER	C	0.31%
AMAT	C	0.31%
SPGI	C	0.31%
PFE	D	0.31%
RTX	A	0.3%
CMCSA	B	0.3%
T	B	0.29%
GS	B	0.29%
AXP	A	0.28%
PGR	B	0.28%
LOW	C	0.28%
UNP	F	0.28%
BKNG	B	0.26%
BLK	A	0.25%
TJX	D	0.25%
HON	C	0.25%
COP	D	0.24%
MS	A	0.24%
ETN	B	0.24%
ELV	F	0.23%
LMT	A	0.23%
BSX	A	0.23%
SYK	C	0.23%
MDT	C	0.22%
C	B	0.22%
PLD	D	0.22%
VRTX	D	0.22%
MMC	D	0.21%
AMT	D	0.21%
REGN	D	0.21%
PANW	B	0.21%
ADP	A	0.21%
ADI	B	0.21%
BX	C	0.21%
MU	D	0.2%
GILD	A	0.2%
NKE	D	0.2%
DE	C	0.2%
SBUX	B	0.2%
CB	A	0.2%
CI	D	0.19%
TMUS	A	0.19%
MDLZ	D	0.19%
ANET	A	0.19%
LRCX	D	0.19%
BMY	A	0.19%
KLAC	B	0.19%
UPS	D	0.18%
SCHW	D	0.18%
INTC	D	0.18%
SO	A	0.18%
SHW	C	0.17%
KKR	A	0.17%
DUK	C	0.17%
BA	F	0.17%
ICE	A	0.17%
EQIX	C	0.16%
CL	D	0.16%
TT	A	0.16%
MO	D	0.16%
ZTS	C	0.16%
SNPS	F	0.15%
CME	A	0.15%
GD	C	0.15%
CEG	A	0.15%
CMG	C	0.15%
TDG	A	0.15%
APH	D	0.15%
PYPL	A	0.15%
PH	A	0.15%
TGT	C	0.14%
EOG	B	0.14%
NOC	B	0.14%
PNC	C	0.14%
WELL	C	0.14%
PLTR	A	0.14%
HCA	C	0.14%
CDNS	D	0.14%
MSI	A	0.14%
MCO	D	0.14%
MMM	C	0.14%
AON	A	0.14%
WM	B	0.14%
CARR	A	0.13%
BDX	C	0.13%
ITW	C	0.13%
FCX	B	0.13%
CTAS	C	0.13%
GEV	A	0.13%
USB	C	0.13%
MRVL	C	0.12%
MCK	F	0.12%
NEM	C	0.12%
ECL	C	0.12%
ORLY	A	0.12%
APD	C	0.12%
CSX	D	0.12%
CRWD	D	0.12%
WMB	A	0.11%
TFC	D	0.11%
COF	A	0.11%
HLT	A	0.11%
APO	A	0.11%
DHI	C	0.11%
PSA	C	0.11%
ABNB	D	0.11%
ADSK	B	0.11%
ROP	D	0.11%
NXPI	F	0.11%
FDX	F	0.11%
EMR	B	0.11%
SLB	D	0.11%
AJG	C	0.11%
ALL	A	0.1%
ROST	D	0.1%
CCI	D	0.1%
AZO	D	0.1%
PCAR	D	0.1%
SPG	A	0.1%
WDAY	D	0.1%
SRE	C	0.1%
BK	A	0.1%
URI	C	0.1%
AEP	C	0.1%
GM	D	0.1%
PSX	D	0.1%
TRV	B	0.1%
MPC	D	0.1%
O	C	0.1%
AFL	A	0.1%
OKE	A	0.1%
NSC	C	0.1%
AMP	A	0.09%
FIS	A	0.09%
CPRT	B	0.09%
GWW	B	0.09%
LEN	C	0.09%
DASH	A	0.09%
FICO	C	0.09%
AIG	C	0.09%
MET	A	0.09%
KMB	D	0.09%
D	A	0.09%
FTNT	A	0.09%
TTD	A	0.09%
DLR	C	0.09%
JCI	C	0.09%
EXC	C	0.08%
CTVA	A	0.08%
KDP	C	0.08%
FLUT	B	0.08%
HWM	A	0.08%
LNG	A	0.08%
GIS	C	0.08%
FAST	C	0.08%
A	B	0.08%
IQV	F	0.08%
RSG	D	0.08%
MCHP	F	0.08%
IDXX	D	0.08%
PCG	C	0.08%
F	D	0.08%
ACGL	A	0.08%
RCL	B	0.08%
VLO	F	0.08%
PRU	B	0.08%
PAYX	B	0.08%
KMI	A	0.08%
PEG	A	0.08%
PWR	A	0.08%
MSCI	B	0.08%
KVUE	C	0.08%
CMI	A	0.08%
MPWR	B	0.08%
LHX	A	0.08%
TEL	D	0.08%
VICI	C	0.07%
ALNY	C	0.07%
GLW	C	0.07%
IRM	B	0.07%
HPQ	B	0.07%
OXY	D	0.07%
ED	C	0.07%
XEL	C	0.07%
NUE	D	0.07%
BKR	B	0.07%
RMD	C	0.07%
DD	C	0.07%
VRT	B	0.07%
MNST	D	0.07%
CBRE	C	0.07%
EFX	D	0.07%
KR	C	0.07%
ODFL	F	0.07%
DOW	B	0.07%
HES	D	0.07%
SQ	D	0.07%
YUM	C	0.07%
HUM	F	0.07%
SYY	D	0.07%
SNOW	F	0.07%
VRSK	D	0.07%
CTSH	B	0.07%
EXR	D	0.07%
VST	A	0.07%
CNC	F	0.07%
GEHC	C	0.07%
IT	A	0.07%
AME	C	0.07%
STZ	D	0.07%
IR	A	0.07%
OTIS	A	0.07%
EW	F	0.07%
WTW	C	0.06%
NVR	C	0.06%
PHM	C	0.06%
ROK	D	0.06%
WEC	B	0.06%
PPG	D	0.06%
TSCO	A	0.06%
CDW	D	0.06%
ON	F	0.06%
LULU	D	0.06%
NDAQ	C	0.06%
MTD	C	0.06%
KHC	F	0.06%
DAL	C	0.06%
VEEV	C	0.06%
CSGP	F	0.06%
CHTR	D	0.06%
WAB	A	0.06%
EBAY	A	0.06%
XYL	C	0.06%
AVB	C	0.06%
MLM	F	0.06%
VMC	D	0.06%
FANG	D	0.06%
EIX	C	0.06%
DELL	C	0.06%
EA	D	0.06%
HIG	A	0.06%
DFS	A	0.06%
TRGP	A	0.06%
PPL	C	0.05%
TROW	D	0.05%
BRO	A	0.05%
WY	C	0.05%
BR	B	0.05%
HPE	B	0.05%
TTWO	D	0.05%
RBLX	D	0.05%
TYL	D	0.05%
LYB	B	0.05%
CHD	D	0.05%
NTAP	D	0.05%
EQR	C	0.05%
DVN	F	0.05%
DTE	B	0.05%
SBAC	C	0.05%
HEI	C	0.05%
FSLR	C	0.05%
GPN	F	0.05%
HAL	D	0.05%
DOV	C	0.05%
STT	A	0.05%
VTR	C	0.05%
CAH	B	0.05%
IFF	D	0.05%
KEYS	B	0.05%
MSTR	B	0.05%
FTV	C	0.05%
GRMN	D	0.05%
HUBS	D	0.05%
VLTO	A	0.05%
APP	A	0.05%
DXCM	F	0.05%
ETR	A	0.05%
BIIB	F	0.05%
AWK	D	0.05%
AXON	A	0.05%
HSY	D	0.05%
FITB	C	0.05%
ARES	A	0.05%
ADM	F	0.05%
MTB	A	0.05%
DG	F	0.04%
J	F	0.04%
ZBRA	B	0.04%
CNP	B	0.04%
HOLX	D	0.04%
CCL	C	0.04%
SYF	A	0.04%
APTV	D	0.04%
ULTA	D	0.04%
MAA	D	0.04%
PKG	B	0.04%
PINS	D	0.04%
ARE	D	0.04%
BBY	C	0.04%
ESS	D	0.04%
GPC	D	0.04%
CVNA	A	0.04%
BAX	D	0.04%
OMC	C	0.04%
LII	C	0.04%
CSL	A	0.04%
INVH	D	0.04%
EME	B	0.04%
MOH	F	0.04%
DRI	C	0.04%
BALL	C	0.04%
CLX	C	0.04%
MKL	B	0.04%
TDY	A	0.04%
ILMN	B	0.04%
MDB	D	0.04%
BAH	C	0.04%
WAT	B	0.04%
TRU	C	0.04%
CMS	A	0.04%
RF	B	0.04%
HBAN	B	0.04%
MKC	C	0.04%
ATO	A	0.04%
EQT	C	0.04%
CINF	A	0.04%
LDOS	A	0.04%
TER	C	0.04%
CPAY	A	0.04%
EL	D	0.04%
CBOE	B	0.04%
K	B	0.04%
WDC	C	0.04%
MRNA	F	0.04%
ZBH	F	0.04%
GDDY	B	0.04%
FCNCA	D	0.04%
FE	C	0.04%
STX	C	0.04%
WST	D	0.04%
BLDR	C	0.04%
AEE	A	0.04%
HUBB	A	0.04%
RJF	B	0.04%
SW	C	0.04%
SMCI	F	0.04%
STE	D	0.04%
ES	D	0.04%
XPO	F	0.03%
EQH	B	0.03%
ELS	D	0.03%
AES	C	0.03%
CPT	C	0.03%
ERIE	A	0.03%
ACM	A	0.03%
RNR	A	0.03%
FIX	A	0.03%
COHR	B	0.03%
UDR	C	0.03%
WPC	C	0.03%
CASY	D	0.03%
VTRS	D	0.03%
BG	F	0.03%
NDSN	C	0.03%
GLPI	C	0.03%
JBHT	D	0.03%
EVRG	C	0.03%
TW	A	0.03%
POOL	D	0.03%
ROL	C	0.03%
L	C	0.03%
TRMB	B	0.03%
DLTR	F	0.03%
GGG	C	0.03%
CE	D	0.03%
RGA	B	0.03%
UHS	D	0.03%
GWRE	A	0.03%
FOXA	B	0.03%
IBKR	A	0.03%
NTNX	C	0.03%
DPZ	D	0.03%
USFD	C	0.03%
NTRA	A	0.03%
OC	C	0.03%
CF	A	0.03%
MRO	B	0.03%
NI	A	0.03%
PSTG	F	0.03%
LNT	B	0.03%
VRSN	C	0.03%
KEY	B	0.03%
AKAM	D	0.03%
RBA	D	0.03%
CAG	D	0.03%
DT	B	0.03%
LVS	B	0.03%
TOL	C	0.03%
FNF	C	0.03%
ENPH	F	0.03%
RS	D	0.03%
RPM	A	0.03%
SSNC	C	0.03%
SWKS	F	0.03%
THC	D	0.03%
PNR	C	0.03%
KIM	C	0.03%
UTHR	C	0.03%
DOC	C	0.03%
IEX	D	0.03%
HOOD	B	0.03%
TXT	F	0.03%
SUI	D	0.03%
AMCR	C	0.03%
SWK	C	0.03%
EG	A	0.03%
LPLA	D	0.03%
PODD	C	0.03%
IP	C	0.03%
LYV	A	0.03%
ENTG	D	0.03%
WRB	C	0.03%
DGX	D	0.03%
WSO	C	0.03%
BURL	C	0.03%
TSN	D	0.03%
MANH	A	0.03%
CTRA	D	0.03%
FDS	C	0.03%
AVY	D	0.03%
ALGN	D	0.03%
TPL	A	0.03%
UAL	A	0.03%
STLD	C	0.03%
LUV	B	0.03%
AVTR	D	0.03%
MAS	C	0.03%
NRG	A	0.03%
PFG	A	0.03%
EXPD	D	0.03%
CFG	C	0.03%
ZM	B	0.03%
NTRS	B	0.03%
EXPE	B	0.03%
WBD	F	0.03%
WYNN	B	0.02%
IVZ	A	0.02%
LNW	F	0.02%
AXTA	C	0.02%
TKO	A	0.02%
ALSN	A	0.02%
FMC	C	0.02%
SSD	B	0.02%
UFPI	C	0.02%
OGE	C	0.02%
MOS	F	0.02%
FHN	D	0.02%
ATI	C	0.02%
GMED	B	0.02%
AGNC	B	0.02%
APG	F	0.02%
MLI	B	0.02%
AYI	A	0.02%
BFAM	C	0.02%
MHK	C	0.02%
FN	B	0.02%
ORI	A	0.02%
SOFI	C	0.02%
CHRD	F	0.02%
LAD	C	0.02%
BRX	C	0.02%
AR	C	0.02%
RIVN	F	0.02%
X	F	0.02%
KBR	A	0.02%
CNM	F	0.02%
HLI	A	0.02%
LBRDK	C	0.02%
CROX	C	0.02%
MGM	D	0.02%
AIT	B	0.02%
KNX	D	0.02%
GPK	D	0.02%
MORN	B	0.02%
SKX	B	0.02%
FRT	D	0.02%
ENSG	D	0.02%
CIEN	A	0.02%
GME	D	0.02%
CHE	D	0.02%
INGR	B	0.02%
NNN	C	0.02%
HRB	C	0.02%
HSIC	D	0.02%
PRI	A	0.02%
CZR	B	0.02%
DCI	B	0.02%
RBC	C	0.02%
PR	D	0.02%
SNX	C	0.02%
CHK	C	0.02%
MEDP	F	0.02%
GNRC	B	0.02%
HRL	F	0.02%
TTC	F	0.02%
MUSA	D	0.02%
CG	B	0.02%
NYT	C	0.02%
EVR	C	0.02%
EGP	D	0.02%
NCLH	C	0.02%
TPX	C	0.02%
WAL	C	0.02%
LW	D	0.02%
HAS	A	0.02%
AA	B	0.02%
APA	F	0.02%
ALLY	F	0.02%
OLED	B	0.02%
WTRG	D	0.02%
EXP	C	0.02%
MTCH	B	0.02%
RGLD	C	0.02%
TAP	D	0.02%
SF	A	0.02%
DAY	C	0.02%
EHC	C	0.02%
GL	C	0.02%
SOLV	C	0.02%
BWXT	A	0.02%
CPB	D	0.02%
CHDN	C	0.02%
QRVO	F	0.02%
CNH	C	0.02%
ONTO	B	0.02%
UNM	A	0.02%
MKTX	B	0.02%
ARMK	C	0.02%
OWL	A	0.02%
AFG	A	0.02%
KNSL	B	0.02%
TWLO	B	0.02%
DUOL	B	0.02%
HII	F	0.02%
WWD	C	0.02%
Z	C	0.02%
JEF	A	0.02%
PNW	C	0.02%
DOX	B	0.02%
IOT	C	0.02%
AOS	C	0.02%
INCY	B	0.02%
AIZ	B	0.02%
CRL	F	0.02%
TPR	B	0.02%
ATR	A	0.02%
OHI	C	0.02%
OVV	D	0.02%
AFRM	C	0.02%
LECO	D	0.02%
WMS	D	0.02%
SFM	A	0.02%
CTLT	A	0.02%
BJ	B	0.02%
RPRX	D	0.02%
CACI	A	0.02%
RRX	B	0.02%
SNAP	D	0.02%
EWBC	B	0.02%
TOST	B	0.02%
EPAM	F	0.02%
CCK	C	0.02%
REXR	D	0.02%
NVT	C	0.02%
TFX	C	0.02%
IPG	D	0.02%
REG	C	0.02%
SCI	D	0.02%
TXRH	A	0.02%
FTI	B	0.02%
LAMR	C	0.02%
NBIX	F	0.02%
KMX	F	0.02%
SRPT	F	0.02%
DOCU	A	0.02%
BXP	B	0.02%
PFGC	A	0.02%
SAIA	D	0.02%
BLD	D	0.02%
CUBE	C	0.02%
ITT	C	0.02%
TECH	D	0.02%
OKTA	F	0.02%
AMH	D	0.02%
CW	A	0.02%
INSM	D	0.02%
ALLE	A	0.02%
DKS	D	0.02%
SJM	D	0.02%
CLH	B	0.02%
WING	C	0.02%
TTEK	A	0.02%
JKHY	A	0.02%
EXAS	C	0.02%
CHRW	C	0.02%
JNPR	C	0.02%
FLEX	B	0.02%
JBL	C	0.02%
JLL	C	0.02%
EMN	C	0.02%
FFIV	B	0.02%
FND	C	0.02%
PCVX	C	0.02%
BMRN	F	0.02%
NWSA	D	0.02%
HST	D	0.02%
COLM	B	0.01%
CRVL	C	0.01%
PAG	D	0.01%
CNXC	F	0.01%
CHH	A	0.01%
LCID	F	0.01%
PEGA	B	0.01%
GFS	F	0.01%
APLS	F	0.01%
CLVT	D	0.01%
NUVL	B	0.01%
SMMT	D	0.01%
LANC	F	0.01%
AMKR	F	0.01%
COTY	F	0.01%
DNB	D	0.01%
PFSI	C	0.01%
BBIO	F	0.01%
MDGL	F	0.01%
QXO	F	0.01%
ESGR	C	0.01%
NEU	F	0.01%
SLGN	B	0.01%
SWX	C	0.01%
FLO	D	0.01%
BYD	B	0.01%
KRYS	D	0.01%
HOG	D	0.01%
GAP	F	0.01%
UMBF	C	0.01%
SUM	F	0.01%
AL	D	0.01%
AN	D	0.01%
BOX	C	0.01%
PSN	A	0.01%
CIVI	F	0.01%
FFIN	D	0.01%
GATX	F	0.01%
POR	D	0.01%
SKY	C	0.01%
UBSI	D	0.01%
ZWS	A	0.01%
CELH	F	0.01%
WLK	C	0.01%
JHG	A	0.01%
FNB	D	0.01%
OGN	F	0.01%
GBCI	B	0.01%
VNT	F	0.01%
HCP	A	0.01%
AM	A	0.01%
HOMB	D	0.01%
RNA	B	0.01%
BILL	D	0.01%
RDN	D	0.01%
HXL	F	0.01%
SEE	C	0.01%
MUR	F	0.01%
BECN	D	0.01%
XRAY	D	0.01%
ACIW	A	0.01%
NXST	D	0.01%
TKR	B	0.01%
OPCH	F	0.01%
RARE	D	0.01%
AMG	B	0.01%
ALK	C	0.01%
THG	A	0.01%
SON	D	0.01%
POST	C	0.01%
RDDT	B	0.01%
IDA	D	0.01%
KD	D	0.01%
VVV	D	0.01%
EDR	A	0.01%
COLB	C	0.01%
BC	C	0.01%
UGI	C	0.01%
APPF	C	0.01%
LNC	B	0.01%
PVH	D	0.01%
ST	F	0.01%
SIGI	D	0.01%
BCC	C	0.01%
ALTR	B	0.01%
AVAV	B	0.01%
MDU	C	0.01%
NFG	A	0.01%
MASI	B	0.01%
OLN	D	0.01%
OMF	D	0.01%
IBP	C	0.01%
WTS	C	0.01%
FOUR	A	0.01%
EXPO	A	0.01%
FSS	D	0.01%
WHR	C	0.01%
CADE	B	0.01%
MMS	C	0.01%
DY	C	0.01%
BCPC	C	0.01%
SRCL	B	0.01%
BPMC	F	0.01%
CWST	D	0.01%
MMSI	C	0.01%
AWI	A	0.01%
MOG.A	C	0.01%
PATH	D	0.01%
VMI	B	0.01%
THO	C	0.01%
COOP	B	0.01%
KRG	C	0.01%
DBX	C	0.01%
NSIT	B	0.01%
ESI	C	0.01%
ONB	D	0.01%
CHX	C	0.01%
EPRT	C	0.01%
ESAB	C	0.01%
EXLS	B	0.01%
CBT	B	0.01%
AGCO	D	0.01%
CLF	D	0.01%
CSWI	A	0.01%
ZETA	B	0.01%
MTDR	D	0.01%
IONS	F	0.01%
MTSI	B	0.01%
WBA	F	0.01%
AXS	A	0.01%
GXO	D	0.01%
GTLB	D	0.01%
CYTK	D	0.01%
AUR	C	0.01%
VFC	A	0.01%
LEA	F	0.01%
PARA	F	0.01%
BIO	B	0.01%
ELF	F	0.01%
OLLI	C	0.01%
INSP	C	0.01%
KBH	D	0.01%
NOVT	C	0.01%
R	C	0.01%
VRNS	B	0.01%
BMI	A	0.01%
CMC	D	0.01%
SNV	D	0.01%
RLI	A	0.01%
G	A	0.01%
LFUS	C	0.01%
WH	C	0.01%
MAT	B	0.01%
CRUS	D	0.01%
BEN	F	0.01%
LSTR	F	0.01%
MTG	A	0.01%
NOV	F	0.01%
RHP	B	0.01%
CVLT	B	0.01%
JXN	A	0.01%
OSK	F	0.01%
VNO	B	0.01%
U	D	0.01%
STWD	C	0.01%
HLNE	A	0.01%
FAF	C	0.01%
BBWI	F	0.01%
LPX	C	0.01%
ESTC	F	0.01%
FLS	A	0.01%
CGNX	F	0.01%
FRPT	A	0.01%
SEIC	B	0.01%
PB	D	0.01%
TRNO	D	0.01%
AZEK	D	0.01%
JAZZ	F	0.01%
ESNT	A	0.01%
SITE	D	0.01%
RYAN	A	0.01%
RHI	D	0.01%
VKTX	C	0.01%
HQY	B	0.01%
H	B	0.01%
ELAN	D	0.01%
ALV	F	0.01%
S	C	0.01%
WFRD	F	0.01%
RVMD	B	0.01%
ZION	D	0.01%
GKOS	B	0.01%
SN	A	0.01%
MOD	B	0.01%
MTN	D	0.01%
ARW	C	0.01%
CRBG	B	0.01%
PLNT	B	0.01%
PCTY	C	0.01%
MSA	F	0.01%
WTFC	B	0.01%
ACHC	F	0.01%
GNTX	D	0.01%
SAIC	A	0.01%
HALO	D	0.01%
CBSH	D	0.01%
KEX	C	0.01%
DINO	F	0.01%
ANF	D	0.01%
LSCC	D	0.01%
TMHC	C	0.01%
UHAL	C	0.01%
LUMN	C	0.01%
SPSC	D	0.01%
STAG	D	0.01%
WCC	D	0.01%
AAON	A	0.01%
BPOP	D	0.01%
DVA	C	0.01%
PEN	D	0.01%
MTH	C	0.01%
ITCI	D	0.01%
EXEL	B	0.01%
BRKR	D	0.01%
SSB	C	0.01%
ACI	F	0.01%
ADC	C	0.01%
RRC	D	0.01%
RGEN	F	0.01%
SWN	D	0.01%
COKE	C	0.01%
RL	B	0.01%
VOYA	A	0.01%
CR	A	0.01%
PNFP	B	0.01%
TREX	D	0.01%
DTM	A	0.01%
MTZ	A	0.01%
MIDD	D	0.01%
LNTH	C	0.01%
SMAR	A	0.01%
COLD	D	0.01%
BSY	D	0.01%
FYBR	C	0.01%
WSC	D	0.01%
FLR	B	0.01%
BERY	C	0.01%
BRBR	A	0.01%
FCN	C	0.01%
CRS	B	0.01%
WBS	D	0.01%
BWA	C	0.01%
FG	B	0.0%
UI	B	0.0%
ACT	B	0.0%
CNA	D	0.0%
REYN	D	0.0%
LTH	B	0.0%
PPC	C	0.0%
IMVT	D	0.0%
RCM	B	0.0%
ADTN	C	0.0%
BOKF	B	0.0%
AGR	C	0.0%

SCHK Underweight 25 Positions Relative to HDGE

Symbol	Grade	Weight
CAR	D	--1.18%
MARA	F	--1.21%
NTST	F	--1.23%
WU	D	--1.25%
FLYW	F	--1.34%
HGV	F	--1.35%
PENN	D	--1.41%
ENR	B	--1.42%
MTRN	F	--1.42%
VYX	C	--1.42%
NGVT	D	--1.45%
MRTN	F	--1.45%
CWH	C	--1.45%
XRX	D	--1.47%
GLBE	C	--1.49%
SIG	C	--1.54%
LOGI	D	--1.74%
ODP	F	--1.77%
NCNO	F	--1.77%
IRDM	C	--1.82%
SABR	C	--1.92%
MCW	F	--1.94%
WK	D	--2.24%
KSS	D	--2.36%
OZK	D	--2.56%