SSLY vs. FNDA ETF Comparison

Comparison of Syntax Stratified SmallCap ETF (SSLY) to Schwab Fundamental U.S. Small Company Index ETF (FNDA)

SSLY

Syntax Stratified SmallCap ETF

SSLY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified SmallCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 80% of its total assets in the securities comprising the index. The index is the Stratified WeightTM version of the widely used S&P SmallCap 600® Index and holds the same constituents as the S&P SmallCap 600® Index.

Grade (RS Rating)

Last Trade

$45.95

Average Daily Volume

2,767

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small 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

$59.46

Average Daily Volume

253,060

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

Performance

Period	SSLY	FNDA
30 Days	-1.07%	2.29%
60 Days	-2.25%	0.50%
90 Days	6.39%	8.66%
12 Months	14.33%	24.21%

444 Overlapping Holdings

Symbol	Grade	Weight in SSLY	Weight in FNDA	Overlap
AAT	C	0.08%	0.07%	0.07%
ABCB	C	0.02%	0.13%	0.02%
ABR	B	0.02%	0.09%	0.02%
ACA	B	0.15%	0.17%	0.15%
ACIW	B	0.17%	0.19%	0.17%
ACLS	F	0.05%	0.04%	0.04%
ADUS	C	0.12%	0.06%	0.06%
AEIS	D	0.13%	0.09%	0.09%
AEO	D	0.11%	0.05%	0.05%
AGO	D	0.28%	0.23%	0.23%
AHCO	C	0.25%	0.04%	0.04%
AIN	F	0.16%	0.1%	0.1%
AIR	D	0.09%	0.12%	0.09%
AKR	B	0.07%	0.09%	0.07%
ALEX	C	0.07%	0.1%	0.07%
ALG	D	0.1%	0.07%	0.07%
ALGT	D	0.2%	0.02%	0.02%
ALK	B	0.22%	0.06%	0.06%
ALKS	D	0.2%	0.03%	0.03%
ALRM	F	0.64%	0.03%	0.03%
AMBC	F	0.1%	0.02%	0.02%
AMCX	F	0.26%	0.08%	0.08%
AMN	F	0.04%	0.12%	0.04%
AMPH	D	0.34%	0.0%	0.0%
AMR	D	0.05%	0.11%	0.05%
AMSF	C	0.3%	0.01%	0.01%
AMWD	C	0.09%	0.13%	0.09%
ANDE	D	0.19%	0.06%	0.06%
AOSL	D	0.42%	0.01%	0.01%
APAM	C	0.34%	0.13%	0.13%
APLE	C	0.07%	0.16%	0.07%
APOG	B	0.07%	0.12%	0.07%
ARCB	D	0.07%	0.17%	0.07%
ARI	F	0.01%	0.08%	0.01%
AROC	D	0.08%	0.13%	0.08%
ASIX	B	0.15%	0.05%	0.05%
ASTE	F	0.1%	0.05%	0.05%
ASTH	B	0.51%	0.03%	0.03%
ATGE	C	0.17%	0.19%	0.17%
ATI	C	0.08%	0.09%	0.08%
AUB	D	0.02%	0.05%	0.02%
AVA	B	0.28%	0.17%	0.17%
AVNS	C	0.12%	0.04%	0.04%
AWI	B	0.09%	0.21%	0.09%
AWR	C	0.29%	0.06%	0.06%
AX	D	0.11%	0.1%	0.1%
AXL	F	0.16%	0.08%	0.08%
AZZ	C	0.07%	0.11%	0.07%
B	C	0.06%	0.14%	0.06%
BANF	C	0.02%	0.03%	0.02%
BANR	C	0.02%	0.11%	0.02%
BCPC	C	0.05%	0.1%	0.05%
BDN	C	0.08%	0.12%	0.08%
BGC	D	0.19%	0.13%	0.13%
BGS	D	0.11%	0.08%	0.08%
BHE	C	0.27%	0.22%	0.22%
BHLB	C	0.02%	0.01%	0.01%
BJRI	D	0.11%	0.03%	0.03%
BKE	B	0.33%	0.1%	0.1%
BKU	D	0.02%	0.28%	0.02%
BLMN	F	0.1%	0.08%	0.08%
BMI	B	0.12%	0.07%	0.07%
BOH	D	0.1%	0.13%	0.1%
BOOT	B	0.18%	0.12%	0.12%
BRC	B	0.13%	0.04%	0.04%
BRKL	C	0.02%	0.03%	0.02%
BSIG	C	0.36%	0.09%	0.09%
BXMT	C	0.02%	0.15%	0.02%
CABO	F	0.22%	0.1%	0.1%
CAKE	B	0.12%	0.06%	0.06%
CAL	F	0.13%	0.06%	0.06%
CALM	B	0.23%	0.16%	0.16%
CALX	C	0.6%	0.02%	0.02%
CARG	C	0.26%	0.06%	0.06%
CARS	F	0.19%	0.03%	0.03%
CASH	D	0.17%	0.06%	0.06%
CATY	C	0.02%	0.15%	0.02%
CBRL	D	0.11%	0.1%	0.1%
CBU	D	0.18%	0.1%	0.1%
CCOI	C	0.31%	0.07%	0.07%
CCRN	F	0.05%	0.02%	0.02%
CCS	C	0.19%	0.22%	0.19%
CEIX	C	0.07%	0.13%	0.07%
CENT	F	0.05%	0.0%	0.0%
CENTA	F	0.05%	0.09%	0.05%
CFFN	D	0.1%	0.04%	0.04%
CHCO	D	0.1%	0.05%	0.05%
CHEF	C	0.34%	0.05%	0.05%
CLB	D	0.07%	0.03%	0.03%
CLW	F	0.13%	0.04%	0.04%
CMP	D	0.06%	0.02%	0.02%
CNK	C	0.81%	0.15%	0.15%
CNMD	D	0.11%	0.05%	0.05%
CNS	B	0.43%	0.08%	0.08%
CNSL	A	0.23%	0.06%	0.06%
CNXN	B	0.11%	0.09%	0.09%
COHU	F	0.12%	0.04%	0.04%
COOP	C	0.2%	0.23%	0.2%
CORT	B	0.27%	0.07%	0.07%
CPF	C	0.13%	0.04%	0.04%
CPK	B	0.29%	0.07%	0.07%
CRC	C	0.17%	0.16%	0.16%
CRK	C	0.15%	0.05%	0.05%
CRS	C	0.1%	0.25%	0.1%
CRVL	B	0.15%	0.01%	0.01%
CSGS	C	0.18%	0.07%	0.07%
CSR	D	0.07%	0.03%	0.03%
CTRE	C	0.44%	0.02%	0.02%
CTS	D	0.26%	0.05%	0.05%
CUBI	F	0.14%	0.06%	0.06%
CVBF	D	0.02%	0.09%	0.02%
CVCO	B	0.18%	0.14%	0.14%
CVGW	C	0.2%	0.05%	0.05%
CVI	F	0.23%	0.06%	0.06%
CWEN	A	0.14%	0.09%	0.09%
CWEN	A	0.14%	0.09%	0.09%
CWK	B	0.2%	0.21%	0.2%
CWT	D	0.28%	0.08%	0.08%
CXW	F	0.09%	0.19%	0.09%
DBI	F	0.13%	0.03%	0.03%
DEA	D	0.08%	0.06%	0.06%
DEI	B	0.09%	0.22%	0.09%
DFIN	D	0.36%	0.07%	0.07%
DIN	D	0.09%	0.02%	0.02%
DIOD	F	0.3%	0.11%	0.11%
DLX	F	0.24%	0.1%	0.1%
DNOW	F	0.07%	0.14%	0.07%
DORM	C	0.17%	0.12%	0.12%
DRH	C	0.07%	0.11%	0.07%
DXPE	C	0.1%	0.05%	0.05%
DY	C	0.15%	0.29%	0.15%
EAT	C	0.13%	0.14%	0.13%
ECPG	D	0.13%	0.12%	0.12%
EGBN	D	0.02%	0.04%	0.02%
EIG	C	0.31%	0.09%	0.09%
EMBC	D	0.85%	0.1%	0.1%
ENR	D	0.23%	0.09%	0.09%
ENSG	D	0.14%	0.15%	0.14%
ENV	C	0.12%	0.06%	0.06%
ENVA	C	0.15%	0.17%	0.15%
EPAC	B	0.15%	0.05%	0.05%
EPC	F	0.21%	0.11%	0.11%
EPRT	B	0.07%	0.05%	0.05%
ESE	B	0.13%	0.08%	0.08%
ETH	D	0.1%	0.04%	0.04%
EVTC	D	0.16%	0.04%	0.04%
EXPI	C	0.21%	0.06%	0.06%
EYE	F	0.12%	0.05%	0.05%
FBK	C	0.02%	0.01%	0.01%
FBNC	C	0.02%	0.05%	0.02%
FBP	C	0.13%	0.08%	0.08%
FCF	D	0.02%	0.07%	0.02%
FCPT	C	0.07%	0.05%	0.05%
FDP	C	0.24%	0.2%	0.2%
FELE	B	0.29%	0.12%	0.12%
FFBC	D	0.02%	0.11%	0.02%
FHB	D	0.02%	0.18%	0.02%
FIZZ	D	0.09%	0.02%	0.02%
FLGT	F	0.2%	0.02%	0.02%
FN	C	0.23%	0.15%	0.15%
FORM	F	0.12%	0.07%	0.07%
FOXF	F	0.13%	0.05%	0.05%
FSS	D	0.1%	0.12%	0.1%
FTDR	B	0.15%	0.08%	0.08%
FUL	D	0.05%	0.19%	0.05%
FULT	D	0.02%	0.13%	0.02%
FWRD	D	0.18%	0.13%	0.13%
GBX	D	0.1%	0.16%	0.1%
GDEN	D	0.08%	0.02%	0.02%
GDOT	D	0.2%	0.04%	0.04%
GEO	F	0.07%	0.23%	0.07%
GES	F	0.1%	0.06%	0.06%
GFF	C	0.35%	0.1%	0.1%
GIII	D	0.21%	0.2%	0.2%
GMS	C	0.09%	0.2%	0.09%
GNL	D	0.09%	0.1%	0.09%
GO	F	0.26%	0.07%	0.07%
GPRE	F	0.16%	0.05%	0.05%
GRBK	B	0.22%	0.04%	0.04%
GTES	C	0.09%	0.13%	0.09%
GTY	C	0.07%	0.02%	0.02%
GVA	B	0.17%	0.23%	0.17%
HAFC	D	0.02%	0.03%	0.02%
HAIN	C	0.11%	0.08%	0.08%
HASI	C	0.12%	0.03%	0.03%
HAYN	D	0.06%	0.01%	0.01%
HAYW	C	0.09%	0.03%	0.03%
HCC	D	0.06%	0.25%	0.06%
HCSG	D	0.12%	0.09%	0.09%
HFWA	D	0.02%	0.03%	0.02%
HI	F	0.08%	0.08%	0.08%
HIW	C	0.09%	0.24%	0.09%
HLX	D	0.07%	0.07%	0.07%
HMN	C	0.29%	0.06%	0.06%
HNI	C	0.11%	0.19%	0.11%
HOPE	D	0.02%	0.11%	0.02%
HP	F	0.07%	0.18%	0.07%
HPP	F	0.07%	0.13%	0.07%
HSII	C	0.07%	0.03%	0.03%
HTH	D	0.02%	0.11%	0.02%
HTLD	F	0.07%	0.05%	0.05%
HVT	F	0.54%	0.04%	0.04%
HWKN	B	0.16%	0.08%	0.08%
HZO	C	0.12%	0.08%	0.08%
IAC	C	0.25%	0.13%	0.13%
IART	F	0.06%	0.04%	0.04%
IBP	C	0.08%	0.11%	0.08%
IBTX	C	0.02%	0.09%	0.02%
ICHR	D	0.05%	0.04%	0.04%
ICUI	C	0.15%	0.15%	0.15%
IDCC	B	0.18%	0.11%	0.11%
IIIN	F	0.07%	0.01%	0.01%
IIPR	B	0.08%	0.01%	0.01%
INDB	D	0.02%	0.08%	0.02%
INVA	C	0.21%	0.06%	0.06%
IOSP	F	0.04%	0.11%	0.04%
IPAR	D	0.24%	0.03%	0.03%
IRWD	F	0.12%	0.01%	0.01%
ITGR	C	0.11%	0.13%	0.11%
ITRI	C	0.11%	0.13%	0.11%
JACK	F	0.23%	0.08%	0.08%
JBGS	C	0.09%	0.15%	0.09%
JBLU	C	0.24%	0.12%	0.12%
JBSS	F	0.1%	0.05%	0.05%
JBT	C	0.12%	0.09%	0.09%
JJSF	B	0.1%	0.08%	0.08%
KALU	D	0.12%	0.1%	0.1%
KAR	D	0.11%	0.13%	0.11%
KELYA	D	0.06%	0.14%	0.06%
KFY	C	0.07%	0.21%	0.07%
KLG	D	0.1%	0.07%	0.07%
KLIC	D	0.06%	0.07%	0.06%
KMT	B	0.14%	0.16%	0.14%
KN	D	0.27%	0.07%	0.07%
KOP	F	0.11%	0.06%	0.06%
KREF	C	0.02%	0.04%	0.02%
KTB	B	0.21%	0.14%	0.14%
KW	C	0.07%	0.09%	0.07%
KWR	D	0.05%	0.06%	0.05%
LBRT	F	0.07%	0.14%	0.07%
LCII	C	0.32%	0.19%	0.19%
LESL	F	0.34%	0.01%	0.01%
LGIH	D	0.19%	0.16%	0.16%
LGND	D	0.36%	0.01%	0.01%
LKFN	D	0.15%	0.04%	0.04%
LNN	C	0.1%	0.04%	0.04%
LPG	F	0.23%	0.04%	0.04%
LRN	B	0.17%	0.12%	0.12%
LTC	C	0.12%	0.05%	0.05%
LXP	C	0.07%	0.1%	0.07%
LZB	C	0.11%	0.16%	0.11%
MAC	B	0.07%	0.26%	0.07%
MATV	D	0.16%	0.08%	0.08%
MATW	F	0.08%	0.04%	0.04%
MATX	B	0.08%	0.05%	0.05%
MC	C	0.12%	0.19%	0.12%
MCY	C	0.34%	0.14%	0.14%
MD	C	0.53%	0.09%	0.09%
MERC	D	0.12%	0.03%	0.03%
MGEE	C	0.3%	0.09%	0.09%
MGPI	F	0.39%	0.01%	0.01%
MGY	D	0.17%	0.07%	0.07%
MHO	B	0.21%	0.29%	0.21%
MLKN	F	0.09%	0.17%	0.09%
MMI	C	0.2%	0.06%	0.06%
MMSI	C	0.12%	0.09%	0.09%
MNRO	C	0.13%	0.05%	0.05%
MODG	F	0.18%	0.06%	0.06%
MOG.A	B	0.17%	0.22%	0.17%
MOV	F	0.11%	0.02%	0.02%
MRCY	C	0.13%	0.07%	0.07%
MRTN	D	0.07%	0.06%	0.06%
MTRN	D	0.06%	0.07%	0.06%
MTUS	F	0.05%	0.04%	0.04%
MTX	D	0.04%	0.14%	0.04%
MXL	D	0.39%	0.02%	0.02%
MYE	F	0.05%	0.02%	0.02%
MYGN	D	0.1%	0.05%	0.05%
MYRG	F	0.1%	0.07%	0.07%
NBHC	D	0.16%	0.01%	0.01%
NBR	F	0.08%	0.06%	0.06%
NBTB	D	0.02%	0.07%	0.02%
NGVT	D	0.04%	0.09%	0.04%
NHC	D	0.13%	0.11%	0.11%
NMIH	C	0.14%	0.08%	0.08%
NOG	F	0.16%	0.03%	0.03%
NPK	D	0.22%	0.02%	0.02%
NPO	C	0.06%	0.09%	0.06%
NTCT	C	0.44%	0.09%	0.09%
NUS	F	0.12%	0.05%	0.05%
NVEE	F	0.14%	0.03%	0.03%
NVRI	D	0.08%	0.08%	0.08%
NWBI	D	0.11%	0.08%	0.08%
NWN	B	0.28%	0.08%	0.08%
NX	F	0.07%	0.06%	0.06%
OFG	C	0.17%	0.06%	0.06%
OII	D	0.08%	0.08%	0.08%
OMCL	C	0.15%	0.07%	0.07%
OMI	D	0.23%	0.18%	0.18%
OSIS	C	0.12%	0.09%	0.09%
OTTR	F	0.23%	0.09%	0.09%
OUT	B	0.08%	0.17%	0.08%
OXM	F	0.1%	0.06%	0.06%
PARR	F	0.2%	0.04%	0.04%
PATK	C	0.19%	0.19%	0.19%
PBH	C	0.32%	0.11%	0.11%
PBI	C	0.15%	0.13%	0.13%
PCRX	F	0.09%	0.0%	0.0%
PDCO	F	0.26%	0.16%	0.16%
PEB	D	0.07%	0.08%	0.07%
PECO	C	0.07%	0.11%	0.07%
PFBC	D	0.02%	0.01%	0.01%
PFS	C	0.02%	0.1%	0.02%
PHIN	C	0.13%	0.16%	0.13%
PINC	D	0.29%	0.18%	0.18%
PIPR	B	0.13%	0.16%	0.13%
PJT	B	0.12%	0.06%	0.06%
PLAB	D	0.07%	0.07%	0.07%
PLAY	D	0.06%	0.05%	0.05%
PLUS	B	0.49%	0.14%	0.14%
PLXS	B	0.7%	0.22%	0.22%
PMT	C	0.05%	0.09%	0.05%
PPBI	D	0.02%	0.1%	0.02%
PRA	C	0.31%	0.05%	0.05%
PRAA	F	0.12%	0.06%	0.06%
PRDO	D	0.14%	0.08%	0.08%
PRFT	B	0.37%	0.05%	0.05%
PRG	C	0.15%	0.27%	0.15%
PRGS	A	0.14%	0.05%	0.05%
PRK	D	0.02%	0.08%	0.02%
PRLB	F	0.26%	0.03%	0.03%
PRVA	F	0.09%	0.02%	0.02%
PSMT	B	0.37%	0.17%	0.17%
PTEN	F	0.06%	0.15%	0.06%
PUMP	F	0.07%	0.06%	0.06%
PZZA	D	0.29%	0.03%	0.03%
RAMP	F	0.1%	0.07%	0.07%
RC	F	0.01%	0.02%	0.01%
RDN	D	0.13%	0.27%	0.13%
RDNT	B	0.11%	0.05%	0.05%
RES	D	0.07%	0.04%	0.04%
REX	D	0.18%	0.01%	0.01%
RGR	F	0.27%	0.05%	0.05%
RILY	F	0.02%	0.01%	0.01%
RNST	D	0.02%	0.02%	0.02%
ROCK	D	0.07%	0.08%	0.07%
ROG	D	0.04%	0.07%	0.04%
ROIC	C	0.07%	0.08%	0.07%
RUN	D	0.36%	0.03%	0.03%
RWT	C	0.06%	0.05%	0.05%
RXO	D	0.09%	0.22%	0.09%
SABR	C	0.28%	0.06%	0.06%
SAFT	D	0.29%	0.08%	0.08%
SAH	D	0.11%	0.14%	0.11%
SATS	C	0.52%	0.63%	0.52%
SBCF	D	0.02%	0.02%	0.02%
SBH	B	0.28%	0.19%	0.19%
SBSI	D	0.02%	0.04%	0.02%
SCHL	D	0.24%	0.07%	0.07%
SCL	D	0.04%	0.12%	0.04%
SCSC	D	0.1%	0.14%	0.1%
SCVL	C	0.17%	0.06%	0.06%
SEDG	F	0.07%	0.01%	0.01%
SEM	D	0.38%	0.23%	0.23%
SFBS	C	0.02%	0.02%	0.02%
SFNC	C	0.02%	0.15%	0.02%
SGH	D	0.42%	0.05%	0.05%
SHEN	F	0.2%	0.04%	0.04%
SHO	C	0.07%	0.11%	0.07%
SHOO	B	0.17%	0.19%	0.17%
SIG	C	0.18%	0.21%	0.18%
SJW	F	0.28%	0.05%	0.05%
SKT	B	0.07%	0.11%	0.07%
SKYW	C	0.23%	0.14%	0.14%
SLG	C	0.09%	0.08%	0.08%
SLVM	C	0.19%	0.28%	0.19%
SMP	D	0.21%	0.05%	0.05%
SMPL	D	0.09%	0.05%	0.05%
SMTC	C	0.58%	0.13%	0.13%
SNDR	B	0.07%	0.14%	0.07%
SNEX	C	0.18%	0.01%	0.01%
SONO	F	0.13%	0.05%	0.05%
SPSC	D	0.13%	0.04%	0.04%
SSTK	F	0.19%	0.03%	0.03%
STBA	D	0.02%	0.07%	0.02%
STC	C	0.18%	0.21%	0.18%
STEP	B	0.42%	0.04%	0.04%
STRA	F	0.11%	0.09%	0.09%
SUPN	D	0.28%	0.05%	0.05%
SVC	F	0.07%	0.14%	0.07%
SXC	F	0.06%	0.05%	0.05%
SXI	C	0.36%	0.06%	0.06%
SXT	B	0.12%	0.15%	0.12%
TALO	F	0.17%	0.08%	0.08%
TBBK	C	0.17%	0.01%	0.01%
THRM	F	0.26%	0.08%	0.08%
THRY	F	0.2%	0.06%	0.06%
THS	C	0.11%	0.17%	0.11%
TILE	C	0.09%	0.09%	0.09%
TMP	D	0.02%	0.03%	0.02%
TNC	D	0.13%	0.07%	0.07%
TRIP	F	0.18%	0.06%	0.06%
TRMK	D	0.02%	0.11%	0.02%
TRN	C	0.11%	0.19%	0.11%
TTMI	D	0.28%	0.19%	0.19%
TWI	D	0.06%	0.0%	0.0%
UCBI	B	0.02%	0.09%	0.02%
UCTT	D	0.05%	0.07%	0.05%
UE	C	0.07%	0.1%	0.07%
UFCS	D	0.27%	0.03%	0.03%
UNF	B	0.14%	0.17%	0.14%
UNIT	C	0.12%	0.2%	0.12%
URBN	F	0.24%	0.18%	0.18%
USNA	F	0.08%	0.04%	0.04%
USPH	F	0.08%	0.02%	0.02%
UTL	C	0.3%	0.04%	0.04%
UVV	D	0.41%	0.15%	0.15%
VBTX	C	0.02%	0.06%	0.02%
VGR	C	0.51%	0.11%	0.11%
VIAV	C	0.19%	0.08%	0.08%
VIR	F	0.11%	0.02%	0.02%
VIRT	C	0.21%	0.22%	0.21%
VREX	F	0.13%	0.02%	0.02%
VRRM	D	0.17%	0.06%	0.06%
VRTS	F	0.3%	0.02%	0.02%
VSAT	F	0.21%	0.08%	0.08%
VSCO	C	0.16%	0.19%	0.16%
VSTO	C	0.3%	0.14%	0.14%
VSTS	D	0.14%	0.15%	0.14%
VTOL	D	0.08%	0.01%	0.01%
WABC	D	0.02%	0.03%	0.02%
WAFD	D	0.12%	0.17%	0.12%
WD	B	0.22%	0.16%	0.16%
WDFC	C	0.15%	0.06%	0.06%
WGO	D	0.28%	0.15%	0.15%
WHD	D	0.09%	0.05%	0.05%
WNC	F	0.09%	0.08%	0.08%
WOR	F	0.05%	0.09%	0.05%
WRLD	D	0.1%	0.04%	0.04%
WSFS	D	0.02%	0.09%	0.02%
WWW	A	0.2%	0.13%	0.13%
XHR	B	0.07%	0.11%	0.07%
YELP	D	0.21%	0.13%	0.13%
ZEUS	F	0.05%	0.03%	0.03%

SSLY Overweight 132 Positions Relative to FNDA

Symbol	Grade	Weight
LUMN	C	1.37%
VCEL	F	0.76%
ATEN	C	0.73%
TNDM	D	0.72%
HLIT	C	0.69%
SANM	D	0.57%
CEVA	C	0.57%
SITM	B	0.48%
MPW	C	0.45%
DGII	D	0.44%
EXTR	C	0.44%
TRUP	D	0.43%
TDS	B	0.42%
DXC	D	0.41%
UNFI	B	0.4%
SPTN	C	0.38%
PAHC	C	0.37%
PTGX	C	0.37%
HSTM	D	0.37%
MLI	B	0.35%
JXN	B	0.35%
CPRX	C	0.33%
SDGR	F	0.33%
SPNT	D	0.32%
PLMR	C	0.32%
GNW	C	0.31%
FL	F	0.31%
HRMY	B	0.31%
MSEX	C	0.31%
SHAK	C	0.31%
HCI	C	0.3%
GOGO	F	0.27%
ANIP	F	0.27%
MLAB	C	0.26%
LQDT	C	0.26%
CERT	F	0.26%
CHCT	F	0.26%
HBI	A	0.25%
SNCY	D	0.25%
DOCN	C	0.25%
ASO	D	0.25%
SLP	F	0.24%
GSHD	C	0.23%
BLFS	D	0.22%
VFC	B	0.21%
COLL	C	0.21%
MTH	C	0.2%
AVAV	C	0.2%
TPH	C	0.18%
ODP	F	0.17%
CTKB	F	0.17%
CHUY	C	0.17%
FTRE	F	0.17%
DVAX	D	0.17%
OI	D	0.17%
CMA	C	0.17%
OGN	D	0.17%
POWL	B	0.17%
VICR	C	0.16%
NATL	D	0.16%
UFPT	D	0.16%
KRYS	D	0.15%
SEE	C	0.15%
BOX	C	0.15%
DAN	D	0.15%
XPEL	D	0.15%
AGYS	D	0.14%
KSS	D	0.14%
XNCR	D	0.14%
SM	F	0.14%
RGNX	F	0.13%
MARA	D	0.13%
RCUS	D	0.13%
BL	D	0.13%
GPI	B	0.13%
EZPW	D	0.12%
XRX	D	0.12%
NAVI	D	0.12%
HTZ	F	0.12%
TGI	F	0.12%
TR	C	0.11%
NEO	F	0.11%
ABM	D	0.11%
NABL	F	0.11%
LNC	C	0.11%
LMAT	B	0.11%
QNST	C	0.11%
TRST	D	0.11%
LEG	D	0.11%
HUBG	C	0.11%
DV	F	0.11%
RUSHA	C	0.11%
GKOS	C	0.11%
NSIT	C	0.1%
ARLO	D	0.1%
BCC	C	0.1%
MCW	F	0.1%
CXM	F	0.1%
ABG	D	0.1%
UHT	C	0.09%
MCRI	B	0.09%
AL	C	0.09%
DDD	D	0.09%
NARI	F	0.09%
NWL	C	0.09%
CRSR	D	0.09%
VVI	C	0.09%
REZI	D	0.08%
WS	D	0.08%
MSGS	B	0.08%
INN	B	0.08%
PENN	D	0.08%
AHH	D	0.07%
JOE	D	0.07%
BTU	C	0.07%
STAA	D	0.07%
AAP	F	0.07%
TTGT	F	0.07%
WERN	C	0.07%
NXRT	D	0.07%
WSR	D	0.06%
EFC	C	0.06%
BFS	B	0.06%
PDFS	D	0.06%
RHI	D	0.06%
CENX	C	0.06%
VECO	F	0.05%
TDW	F	0.05%
ARCH	D	0.05%
SWI	B	0.03%
BANC	C	0.02%
DCOM	C	0.02%

SSLY Underweight 553 Positions Relative to FNDA

Symbol	Grade	Weight
ANF	D	-0.42%
RCL	B	-0.41%
FICO	B	-0.35%
UTHR	B	-0.31%
TPC	C	-0.29%
OHI	C	-0.29%
CRUS	D	-0.29%
CLH	C	-0.28%
COIN	F	-0.28%
VLTO	B	-0.27%
KMPR	D	-0.27%
WAL	B	-0.27%
SWX	C	-0.26%
XPO	D	-0.25%
FLS	C	-0.25%
GME	D	-0.25%
FRT	C	-0.25%
HEI	C	-0.25%
TXRH	B	-0.25%
SF	B	-0.25%
UAL	B	-0.24%
AGNC	B	-0.24%
SPB	B	-0.24%
TTEK	C	-0.24%
WWD	C	-0.24%
SPOT	C	-0.24%
ELS	D	-0.23%
AIT	B	-0.23%
CBT	B	-0.23%
SPR	D	-0.23%
DHC	C	-0.23%
BKH	B	-0.23%
VMI	C	-0.22%
BWXT	A	-0.22%
AVNT	B	-0.22%
DBRG	D	-0.22%
LNW	F	-0.22%
FIX	B	-0.22%
GATX	D	-0.22%
FCN	C	-0.22%
SBRA	C	-0.21%
COLD	D	-0.21%
FNB	D	-0.21%
CROX	C	-0.21%
RNR	B	-0.21%
SMG	B	-0.21%
ESI	C	-0.21%
GHC	B	-0.21%
CUBE	C	-0.21%
SCCO	C	-0.21%
SN	B	-0.21%
LOPE	D	-0.21%
ELAN	D	-0.21%
PB	D	-0.21%
Z	C	-0.21%
KRC	C	-0.21%
PNFP	C	-0.2%
SR	B	-0.2%
DTM	C	-0.2%
ACHC	D	-0.2%
WTFC	C	-0.2%
AMKR	F	-0.2%
SMCI	F	-0.2%
CBSH	D	-0.2%
IDA	B	-0.2%
UAA	C	-0.2%
CADE	C	-0.2%
CUZ	C	-0.2%
AMH	D	-0.2%
SRCL	B	-0.2%
KEX	C	-0.2%
CR	B	-0.2%
PFSI	C	-0.2%
ENS	C	-0.2%
COMM	C	-0.2%
SAIA	D	-0.19%
HWC	D	-0.19%
MAT	D	-0.19%
COLB	B	-0.19%
INCY	C	-0.19%
ESNT	B	-0.19%
WBS	C	-0.19%
FDS	C	-0.19%
NNN	B	-0.19%
VRT	C	-0.19%
NYT	B	-0.19%
RPRX	C	-0.19%
KNF	C	-0.19%
ASH	F	-0.19%
EBS	D	-0.19%
OGS	B	-0.19%
NJR	C	-0.18%
PCH	C	-0.18%
OZK	F	-0.18%
NWE	A	-0.18%
SCS	D	-0.18%
ENTG	D	-0.18%
UBSI	D	-0.18%
MPWR	B	-0.18%
HLI	C	-0.18%
IMKTA	D	-0.18%
NOMD	C	-0.18%
HRI	C	-0.18%
BCO	B	-0.18%
COLM	C	-0.18%
ASB	D	-0.18%
CFR	C	-0.18%
OLLI	C	-0.18%
HE	F	-0.18%
TEX	F	-0.18%
WH	B	-0.18%
PNM	B	-0.18%
EXEL	C	-0.17%
VVV	D	-0.17%
VLY	D	-0.17%
WMK	D	-0.17%
EEFT	F	-0.17%
JELD	D	-0.17%
HXL	F	-0.17%
BYD	C	-0.17%
ADTN	C	-0.17%
ZM	C	-0.17%
CSGP	D	-0.17%
LFUS	C	-0.17%
ALE	A	-0.17%
BIO	C	-0.17%
SSD	C	-0.17%
AXS	B	-0.17%
MOD	C	-0.17%
NVST	D	-0.16%
GMED	D	-0.16%
CHDN	D	-0.16%
LITE	B	-0.16%
UMBF	C	-0.16%
WTM	F	-0.16%
BFAM	C	-0.16%
MTCH	C	-0.16%
APP	C	-0.15%
RYN	C	-0.15%
NMRK	B	-0.15%
NEU	D	-0.15%
SUM	D	-0.15%
GBCI	C	-0.15%
BDC	B	-0.15%
CACC	F	-0.15%
TPG	C	-0.15%
VEEV	C	-0.15%
EPR	C	-0.15%
COKE	C	-0.15%
ROL	C	-0.15%
ONB	D	-0.15%
CVLT	B	-0.15%
SKY	B	-0.15%
AGR	C	-0.15%
RH	C	-0.15%
WYNN	C	-0.15%
LAUR	C	-0.15%
GEF	C	-0.14%
WEX	C	-0.14%
MKTX	D	-0.14%
PPC	D	-0.14%
APG	F	-0.14%
CGNX	F	-0.14%
DOLE	B	-0.14%
RGLD	C	-0.14%
ARES	B	-0.14%
H	B	-0.14%
SLAB	D	-0.14%
SIGI	D	-0.14%
FND	C	-0.14%
PDM	C	-0.14%
ESAB	C	-0.14%
SITE	D	-0.14%
VNT	F	-0.14%
DASH	B	-0.14%
TYL	C	-0.14%
WEN	C	-0.13%
WTS	C	-0.13%
TROX	D	-0.13%
IGT	D	-0.13%
WMS	D	-0.13%
AMED	D	-0.13%
MTDR	F	-0.13%
RLJ	D	-0.12%
MANH	B	-0.12%
CNXC	F	-0.12%
FR	C	-0.12%
DNB	D	-0.12%
TPL	C	-0.12%
PLNT	C	-0.12%
TDC	D	-0.12%
DLB	D	-0.12%
TCBI	C	-0.12%
STAG	D	-0.12%
ZD	D	-0.12%
AMRK	C	-0.12%
PLTR	C	-0.11%
WDAY	D	-0.11%
KRG	C	-0.11%
RRC	D	-0.11%
MORN	C	-0.11%
TREX	F	-0.11%
RLI	B	-0.11%
TECH	C	-0.11%
PTC	C	-0.11%
RIG	F	-0.11%
NHI	C	-0.11%
TWLO	C	-0.11%
OPCH	C	-0.11%
TNET	F	-0.11%
PSN	B	-0.11%
ETSY	D	-0.11%
BOKF	C	-0.11%
BRKR	D	-0.11%
EXLS	B	-0.11%
MWA	B	-0.11%
MASI	C	-0.11%
CNM	F	-0.1%
MELI	C	-0.1%
AM	B	-0.1%
CHRD	F	-0.1%
SLGN	B	-0.1%
WSBC	D	-0.1%
HTLF	C	-0.1%
ATKR	F	-0.1%
ESRT	C	-0.1%
DDS	D	-0.1%
MSA	D	-0.1%
WSC	D	-0.1%
PGRE	D	-0.1%
HLF	F	-0.1%
LANC	F	-0.1%
CDE	C	-0.1%
IPGP	D	-0.1%
HL	C	-0.1%
SNBR	D	-0.1%
CHX	F	-0.1%
FIBK	C	-0.1%
ICFI	C	-0.1%
IBOC	D	-0.1%
FFIN	C	-0.09%
GCI	C	-0.09%
ROKU	D	-0.09%
BMRN	F	-0.09%
ESGR	D	-0.09%
REVG	D	-0.09%
TOWN	D	-0.09%
IBKR	B	-0.09%
VC	F	-0.09%
RHP	C	-0.09%
CSTM	D	-0.09%
BKD	D	-0.09%
HEES	D	-0.09%
ABNB	D	-0.09%
EGP	C	-0.09%
HELE	D	-0.09%
HGV	F	-0.09%
ORA	B	-0.09%
TW	B	-0.09%
ENOV	F	-0.09%
SASR	C	-0.09%
CBZ	F	-0.08%
FIVE	D	-0.08%
COMP	C	-0.08%
HRB	C	-0.08%
EXPO	B	-0.08%
FSLR	C	-0.08%
HALO	D	-0.08%
RNG	F	-0.08%
AZEK	C	-0.08%
MGRC	D	-0.08%
NSA	C	-0.08%
GOLF	F	-0.08%
SYNA	D	-0.08%
CPNG	B	-0.08%
CACC	F	-0.08%
CNA	D	-0.08%
NOW	C	-0.08%
NSP	F	-0.08%
KFRC	F	-0.08%
ONTO	C	-0.08%
LADR	D	-0.08%
PINS	D	-0.08%
NTGR	D	-0.08%
FRME	D	-0.08%
SAM	D	-0.08%
REXR	C	-0.08%
STRL	C	-0.08%
HAE	D	-0.08%
CCO	D	-0.08%
BV	C	-0.08%
OLED	D	-0.08%
RBC	B	-0.08%
RRR	D	-0.08%
CIVI	F	-0.08%
WTRG	D	-0.07%
IRDM	C	-0.07%
AGRO	C	-0.07%
JWN	C	-0.07%
MMS	B	-0.07%
DXCM	F	-0.07%
BZH	B	-0.07%
HOMB	D	-0.07%
PTVE	D	-0.07%
AAON	B	-0.07%
TTD	B	-0.07%
GWRE	B	-0.07%
ATSG	C	-0.07%
LILAK	D	-0.07%
COTY	D	-0.07%
NNI	C	-0.07%
MRC	D	-0.07%
PAYC	D	-0.07%
CNDT	C	-0.07%
POWI	F	-0.07%
CODI	C	-0.07%
CHH	B	-0.07%
MEDP	F	-0.07%
REYN	C	-0.07%
CNX	B	-0.07%
CSWI	B	-0.07%
IRT	C	-0.07%
RYI	F	-0.07%
KAI	C	-0.07%
ADC	C	-0.07%
LGF.A	F	-0.07%
KOS	F	-0.07%
AY	B	-0.07%
NTB	D	-0.07%
OPEN	F	-0.07%
YETI	D	-0.07%
GLNG	B	-0.06%
TSE	C	-0.06%
PR	F	-0.06%
TRNO	D	-0.06%
AAL	D	-0.06%
MSM	D	-0.06%
RDUS	D	-0.06%
HMST	B	-0.06%
CRL	F	-0.06%
OEC	F	-0.06%
WING	C	-0.06%
ENPH	D	-0.06%
ZWS	B	-0.06%
CWST	D	-0.06%
APO	B	-0.06%
TRS	C	-0.06%
BXC	D	-0.06%
TNL	C	-0.06%
SWBI	F	-0.06%
BLKB	C	-0.06%
BSY	C	-0.06%
AAN	C	-0.06%
ZUMZ	D	-0.06%
STNG	D	-0.06%
FTI	D	-0.06%
BNL	B	-0.06%
BLD	C	-0.06%
CHE	C	-0.06%
GTN	D	-0.06%
EBC	C	-0.06%
DBX	C	-0.06%
ROAD	C	-0.06%
VRSN	C	-0.06%
DHT	C	-0.06%
BUSE	D	-0.06%
SFL	D	-0.06%
HHH	C	-0.06%
ILPT	D	-0.06%
CMPR	F	-0.06%
NBIX	F	-0.06%
JAZZ	D	-0.06%
ACCO	C	-0.06%
STNE	F	-0.05%
CBL	D	-0.05%
ERIE	B	-0.05%
GFS	F	-0.05%
EXAS	D	-0.05%
WFRD	F	-0.05%
XP	D	-0.05%
SBLK	C	-0.05%
PAGS	F	-0.05%
GCO	F	-0.05%
NEOG	D	-0.05%
LYFT	D	-0.05%
W	C	-0.05%
NOVT	D	-0.05%
AZTA	F	-0.05%
GLOB	D	-0.05%
FHI	B	-0.05%
ALIT	D	-0.05%
ZIMV	F	-0.05%
LBRDK	C	-0.05%
SENEA	B	-0.05%
UIS	C	-0.05%
CPS	D	-0.05%
QLYS	D	-0.05%
PSTG	F	-0.05%
SSB	C	-0.05%
TRTX	D	-0.05%
VSH	F	-0.05%
CWH	C	-0.05%
HURN	C	-0.05%
AGX	B	-0.05%
HQY	C	-0.05%
KTOS	B	-0.05%
EFSC	D	-0.05%
SEB	D	-0.04%
TDOC	D	-0.04%
EVRI	B	-0.04%
BBSI	C	-0.04%
CRAI	C	-0.04%
TEN	D	-0.04%
RGEN	F	-0.04%
TNK	D	-0.04%
RKT	C	-0.04%
EBF	C	-0.04%
CMRE	C	-0.04%
DAC	C	-0.04%
ECVT	F	-0.04%
EAF	D	-0.04%
GLDD	C	-0.04%
SFIX	F	-0.04%
PTON	C	-0.04%
CLVT	D	-0.04%
INSW	C	-0.04%
TBI	F	-0.04%
WTTR	D	-0.04%
CNNE	F	-0.04%
CMCO	D	-0.04%
LIVN	D	-0.04%
IHRT	D	-0.04%
WOOF	C	-0.04%
PRIM	B	-0.04%
BRBR	B	-0.04%
PODD	C	-0.04%
UVE	C	-0.04%
BRSP	D	-0.03%
DHIL	C	-0.03%
CCSI	C	-0.03%
SNOW	F	-0.03%
CLOV	D	-0.03%
TOST	C	-0.03%
CRGY	D	-0.03%
ARCO	F	-0.03%
PEN	D	-0.03%
WASH	C	-0.03%
CSV	C	-0.03%
AMC	F	-0.03%
IVT	D	-0.03%
SGRY	D	-0.03%
SRCE	D	-0.03%
MTW	F	-0.03%
ALTO	D	-0.03%
CNOB	C	-0.03%
BRY	F	-0.03%
ZI	D	-0.03%
OPI	F	-0.03%
GNK	C	-0.03%
OPK	D	-0.03%
TPIC	C	-0.03%
PFC	D	-0.03%
SHYF	D	-0.03%
TCBK	D	-0.03%
WOW	D	-0.03%
AVO	C	-0.03%
VAL	F	-0.03%
OCFC	B	-0.03%
LSCC	D	-0.03%
DCO	B	-0.03%
VRNT	F	-0.03%
PEGA	B	-0.03%
JRVR	F	-0.02%
MED	F	-0.02%
AGL	F	-0.02%
OKTA	F	-0.02%
LEVI	C	-0.02%
USM	C	-0.02%
AGM	D	-0.02%
GTLS	F	-0.02%
KNSL	D	-0.02%
TUP	F	-0.02%
LYV	A	-0.02%
VSEC	D	-0.02%
OIS	F	-0.02%
DENN	D	-0.02%
TITN	F	-0.02%
XPRO	F	-0.02%
ATNI	C	-0.02%
DT	C	-0.02%
IRBT	F	-0.02%
PLCE	D	-0.02%
DAY	D	-0.02%
SRI	F	-0.02%
TKO	A	-0.02%
KRNY	D	-0.02%
FLWS	F	-0.02%
RYAM	C	-0.02%
CLDT	D	-0.02%
HLIO	C	-0.02%
ARKO	C	-0.02%
VCTR	B	-0.02%
CTRN	D	-0.02%
CMTG	F	-0.02%
MEI	D	-0.02%
RGP	F	-0.02%
PLOW	C	-0.02%
INMD	D	-0.01%
TTEC	F	-0.01%
THR	F	-0.01%
DNUT	F	-0.01%
ONEW	D	-0.01%
EVH	D	-0.01%
PEBO	D	-0.01%
LXU	D	-0.01%
NIC	D	-0.01%
SPWH	D	-0.01%
NR	F	-0.01%
HLNE	B	-0.01%
CMTL	D	-0.01%
AMRC	B	-0.01%
MBUU	D	-0.01%
HOV	D	-0.01%
TK	C	-0.01%
KE	F	-0.01%
MODV	F	-0.01%
MP	C	-0.01%
PETS	D	-0.01%
GPRO	F	-0.01%
BMBL	F	-0.01%
WMG	D	-0.01%
WOLF	F	-0.01%
EDR	A	-0.01%
AVD	F	-0.01%
PKST	D	-0.01%
PRM	B	-0.01%
GSL	D	-0.01%
SSP	F	-0.01%
NU	C	-0.01%
RMBS	F	-0.01%
SNAP	D	-0.01%
GPMT	D	-0.01%
SSYS	D	-0.01%
CRMT	F	-0.01%
CHGG	F	-0.0%
SEG	F	-0.0%
CRNC	F	-0.0%
ALGM	D	-0.0%
WTI	F	-0.0%
GIC	D	-0.0%
GSM	F	-0.0%
HY	F	-0.0%
MSBI	D	-0.0%