AVLC vs. ONOF ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Global X Adaptive U.S. Risk Management ETF (ONOF)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$68.22

Average Daily Volume

18,947

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.17

Average Daily Volume

4,845

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	ONOF
30 Days	3.03%	2.64%
60 Days	7.23%	6.20%
90 Days	8.29%	7.65%
12 Months	33.04%	26.31%

473 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in ONOF	Overlap
	A	F	0.06%	0.08%	0.06%
	AAPL	C	5.32%	6.57%	5.32%
	ABBV	F	0.45%	0.73%	0.45%
	ABNB	C	0.08%	0.12%	0.08%
	ABT	C	0.2%	0.42%	0.2%
	ACGL	C	0.14%	0.07%	0.07%
	ACN	B	0.31%	0.47%	0.31%
	ADBE	C	0.31%	0.44%	0.31%
	ADI	D	0.16%	0.23%	0.16%
	ADM	F	0.11%	0.06%	0.06%
	ADP	A	0.36%	0.24%	0.24%
	ADSK	B	0.09%	0.13%	0.09%
	AEE	B	0.08%	0.05%	0.05%
	AEP	D	0.14%	0.11%	0.11%
	AFL	C	0.19%	0.11%	0.11%
	AGR	C	0.01%	0.0%	0.0%
	AIG	B	0.21%	0.1%	0.1%
	AJG	A	0.05%	0.12%	0.05%
	AKAM	F	0.04%	0.03%	0.03%
	ALGN	D	0.04%	0.03%	0.03%
	ALL	B	0.19%	0.1%	0.1%
	ALNY	D	0.04%	0.07%	0.04%
	AMAT	F	0.38%	0.31%	0.31%
	AMCR	D	0.02%	0.03%	0.02%
	AMD	F	0.34%	0.46%	0.34%
	AME	A	0.05%	0.08%	0.05%
	AMGN	F	0.21%	0.35%	0.21%
	AMP	A	0.26%	0.1%	0.1%
	AMZN	A	2.98%	3.73%	2.98%
	ANET	C	0.17%	0.19%	0.17%
	ANSS	B	0.04%	0.06%	0.04%
	AON	B	0.09%	0.15%	0.09%
	APD	B	0.22%	0.14%	0.14%
	APH	B	0.13%	0.17%	0.13%
	APO	B	0.16%	0.12%	0.12%
	APP	B	0.14%	0.07%	0.07%
	APTV	F	0.04%	0.03%	0.03%
	ARES	B	0.02%	0.06%	0.02%
	ATO	B	0.05%	0.04%	0.04%
	AVGO	C	1.18%	1.57%	1.18%
	AVTR	F	0.01%	0.03%	0.01%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.03%	0.05%	0.03%
	AXON	B	0.04%	0.06%	0.04%
	AXP	B	0.4%	0.32%	0.32%
	AZO	B	0.05%	0.11%	0.05%
	BA	F	0.06%	0.18%	0.06%
	BAC	A	0.41%	0.57%	0.41%
	BAH	C	0.03%	0.05%	0.03%
	BALL	D	0.06%	0.04%	0.04%
	BAX	F	0.02%	0.04%	0.02%
	BBY	C	0.12%	0.04%	0.04%
	BDX	F	0.05%	0.14%	0.05%
	BG	D	0.08%	0.02%	0.02%
	BIIB	F	0.03%	0.05%	0.03%
	BK	B	0.18%	0.12%	0.12%
	BKNG	A	0.13%	0.34%	0.13%
	BKR	B	0.18%	0.08%	0.08%
	BLDR	C	0.07%	0.04%	0.04%
	BMRN	F	0.03%	0.02%	0.02%
	BMY	B	0.17%	0.23%	0.17%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.66%	1.17%	0.66%
	BRO	B	0.02%	0.05%	0.02%
	BSX	A	0.12%	0.25%	0.12%
	BSY	F	0.01%	0.02%	0.01%
	BX	A	0.1%	0.24%	0.1%
	C	B	0.22%	0.24%	0.22%
	CAG	F	0.01%	0.03%	0.01%
	CAH	B	0.03%	0.06%	0.03%
	CARR	C	0.06%	0.12%	0.06%
	CAT	B	0.55%	0.38%	0.38%
	CB	C	0.22%	0.23%	0.22%
	CBOE	D	0.03%	0.05%	0.03%
	CBRE	B	0.06%	0.08%	0.06%
	CCL	B	0.12%	0.04%	0.04%
	CDNS	B	0.12%	0.16%	0.12%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.01%	0.03%	0.01%
	CEG	D	0.12%	0.15%	0.12%
	CELH	F	0.02%	0.01%	0.01%
	CF	B	0.09%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CHD	A	0.05%	0.05%	0.05%
	CHTR	B	0.05%	0.07%	0.05%
	CI	D	0.07%	0.18%	0.07%
	CINF	A	0.07%	0.04%	0.04%
	CL	F	0.18%	0.16%	0.16%
	CLX	A	0.06%	0.05%	0.05%
	CMCSA	B	0.38%	0.34%	0.34%
	CME	B	0.11%	0.16%	0.11%
	CMG	B	0.23%	0.16%	0.16%
	CMI	A	0.2%	0.09%	0.09%
	CMS	D	0.06%	0.04%	0.04%
	CNC	F	0.08%	0.07%	0.07%
	CNP	B	0.02%	0.04%	0.02%
	COF	B	0.23%	0.12%	0.12%
	COIN	B	0.07%	0.07%	0.07%
	COP	C	0.38%	0.26%	0.26%
	COR	B	0.09%	0.08%	0.08%
	COST	B	0.93%	0.8%	0.8%
	CPAY	A	0.04%	0.05%	0.04%
	CPB	F	0.01%	0.02%	0.01%
	CPNG	B	0.12%	0.06%	0.06%
	CPRT	A	0.09%	0.09%	0.09%
	CRM	B	0.4%	0.57%	0.4%
	CRWD	B	0.1%	0.14%	0.1%
	CSCO	A	0.3%	0.46%	0.3%
	CSGP	F	0.04%	0.06%	0.04%
	CSL	B	0.13%	0.04%	0.04%
	CSX	B	0.26%	0.13%	0.13%
	CTAS	B	0.11%	0.15%	0.11%
	CTRA	B	0.1%	0.03%	0.03%
	CTSH	A	0.12%	0.08%	0.08%
	CTVA	C	0.08%	0.09%	0.08%
	CVNA	B	0.09%	0.04%	0.04%
	CVS	F	0.05%	0.14%	0.05%
	CVX	A	0.63%	0.53%	0.53%
	D	D	0.05%	0.1%	0.05%
	DAL	A	0.22%	0.07%	0.07%
	DASH	A	0.06%	0.1%	0.06%
	DD	D	0.07%	0.06%	0.06%
	DDOG	B	0.05%	0.07%	0.05%
	DE	D	0.32%	0.21%	0.21%
	DECK	B	0.16%	0.06%	0.06%
	DELL	C	0.06%	0.07%	0.06%
	DFS	B	0.08%	0.08%	0.08%
	DG	F	0.06%	0.04%	0.04%
	DGX	B	0.01%	0.03%	0.01%
	DHI	D	0.12%	0.1%	0.1%
	DHR	F	0.13%	0.33%	0.13%
	DIS	B	0.17%	0.36%	0.17%
	DKNG	B	0.01%	0.03%	0.01%
	DLTR	F	0.07%	0.03%	0.03%
	DOV	A	0.03%	0.05%	0.03%
	DOW	F	0.15%	0.07%	0.07%
	DOX	C	0.03%	0.02%	0.02%
	DRI	B	0.1%	0.04%	0.04%
	DTE	D	0.07%	0.05%	0.05%
	DUK	D	0.16%	0.18%	0.16%
	DVN	F	0.14%	0.05%	0.05%
	DXCM	C	0.04%	0.06%	0.04%
	EA	A	0.06%	0.07%	0.06%
	EBAY	C	0.14%	0.06%	0.06%
	ECL	C	0.06%	0.13%	0.06%
	ED	D	0.09%	0.07%	0.07%
	EFX	F	0.02%	0.07%	0.02%
	EG	D	0.07%	0.03%	0.03%
	EIX	C	0.09%	0.06%	0.06%
	EL	F	0.02%	0.03%	0.02%
	ELV	F	0.14%	0.2%	0.14%
	EMR	A	0.05%	0.13%	0.05%
	ENPH	F	0.01%	0.02%	0.01%
	ENTG	F	0.02%	0.03%	0.02%
	EOG	A	0.28%	0.14%	0.14%
	EQT	B	0.1%	0.03%	0.03%
	ERIE	F	0.03%	0.02%	0.02%
	ES	D	0.02%	0.04%	0.02%
	ETN	B	0.14%	0.27%	0.14%
	ETR	B	0.12%	0.06%	0.06%
	EVRG	A	0.05%	0.03%	0.03%
	EW	F	0.08%	0.08%	0.08%
	EXC	C	0.1%	0.08%	0.08%
	EXPD	C	0.09%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	F	C	0.2%	0.08%	0.08%
	FANG	C	0.17%	0.06%	0.06%
	FAST	B	0.2%	0.09%	0.09%
	FCNCA	B	0.12%	0.05%	0.05%
	FCX	F	0.21%	0.13%	0.13%
	FDS	A	0.04%	0.04%	0.04%
	FDX	B	0.25%	0.13%	0.13%
	FE	D	0.02%	0.05%	0.02%
	FI	A	0.07%	0.24%	0.07%
	FICO	B	0.07%	0.1%	0.07%
	FIS	B	0.06%	0.1%	0.06%
	FITB	A	0.13%	0.06%	0.06%
	FLUT	A	0.0%	0.08%	0.0%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	A	0.04%	0.02%	0.02%
	FSLR	F	0.11%	0.05%	0.05%
	FTNT	B	0.19%	0.1%	0.1%
	FTV	C	0.01%	0.05%	0.01%
	GD	C	0.05%	0.14%	0.05%
	GDDY	B	0.07%	0.05%	0.05%
	GE	D	0.19%	0.38%	0.19%
	GEHC	D	0.03%	0.08%	0.03%
	GEV	B	0.14%	0.17%	0.14%
	GFS	C	0.01%	0.01%	0.01%
	GILD	B	0.38%	0.23%	0.23%
	GIS	F	0.03%	0.08%	0.03%
	GLW	B	0.09%	0.07%	0.07%
	GM	B	0.29%	0.12%	0.12%
	GOOG	C	1.32%	1.84%	1.32%
	GOOGL	C	1.59%	2.04%	1.59%
	GPC	D	0.06%	0.03%	0.03%
	GPN	B	0.01%	0.05%	0.01%
	GRMN	A	0.09%	0.06%	0.06%
	GS	B	0.43%	0.34%	0.34%
	GWW	B	0.23%	0.09%	0.09%
	HAL	C	0.13%	0.05%	0.05%
	HBAN	A	0.11%	0.04%	0.04%
	HCA	D	0.06%	0.14%	0.06%
	HD	B	0.56%	0.8%	0.56%
	HEI	A	0.0%	0.03%	0.0%
	HEI	A	0.01%	0.02%	0.01%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.01%	0.03%	0.01%
	HES	B	0.19%	0.08%	0.08%
	HIG	C	0.19%	0.07%	0.07%
	HLT	A	0.05%	0.12%	0.05%
	HOLX	D	0.03%	0.04%	0.03%
	HON	B	0.14%	0.28%	0.14%
	HOOD	B	0.05%	0.02%	0.02%
	HPE	B	0.08%	0.05%	0.05%
	HPQ	B	0.05%	0.07%	0.05%
	HRL	F	0.02%	0.02%	0.02%
	HSY	F	0.09%	0.05%	0.05%
	HUBB	C	0.04%	0.05%	0.04%
	HUBS	B	0.05%	0.06%	0.05%
	HUM	D	0.05%	0.06%	0.05%
	HWM	B	0.05%	0.08%	0.05%
	IBKR	A	0.02%	0.03%	0.02%
	IBM	D	0.27%	0.39%	0.27%
	ICE	C	0.07%	0.18%	0.07%
	IDXX	F	0.11%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.06%	0.05%	0.05%
	ILMN	C	0.04%	0.05%	0.04%
	INCY	B	0.03%	0.03%	0.03%
	INTC	C	0.17%	0.2%	0.17%
	INTU	A	0.26%	0.35%	0.26%
	IOT	B	0.01%	0.02%	0.01%
	IQV	F	0.04%	0.08%	0.04%
	IR	A	0.05%	0.08%	0.05%
	ISRG	A	0.17%	0.37%	0.17%
	IT	B	0.09%	0.09%	0.09%
	ITW	B	0.12%	0.16%	0.12%
	J	D	0.01%	0.04%	0.01%
	JBHT	C	0.08%	0.03%	0.03%
	JBL	C	0.11%	0.03%	0.03%
	JCI	A	0.04%	0.1%	0.04%
	JNJ	D	0.6%	0.78%	0.6%
	JPM	A	1.17%	1.29%	1.17%
	K	A	0.03%	0.04%	0.03%
	KDP	C	0.05%	0.07%	0.05%
	KEYS	C	0.07%	0.05%	0.05%
	KHC	F	0.05%	0.05%	0.05%
	KKR	B	0.15%	0.19%	0.15%
	KLAC	F	0.22%	0.18%	0.18%
	KMB	D	0.14%	0.09%	0.09%
	KMI	B	0.1%	0.1%	0.1%
	KO	F	0.4%	0.52%	0.4%
	KR	A	0.2%	0.08%	0.08%
	KVUE	A	0.06%	0.09%	0.06%
	L	A	0.07%	0.03%	0.03%
	LDOS	C	0.03%	0.05%	0.03%
	LEN	D	0.01%	0.0%	0.0%
	LEN	D	0.18%	0.09%	0.09%
	LEN	D	0.01%	0.09%	0.01%
	LEN	D	0.18%	0.0%	0.0%
	LH	B	0.04%	0.04%	0.04%
	LHX	B	0.03%	0.1%	0.03%
	LII	B	0.1%	0.04%	0.04%
	LIN	D	0.21%	0.45%	0.21%
	LLY	F	0.78%	1.41%	0.78%
	LMT	D	0.22%	0.27%	0.22%
	LNG	B	0.22%	0.09%	0.09%
	LNT	C	0.03%	0.03%	0.03%
	LOW	B	0.12%	0.31%	0.12%
	LPLA	A	0.1%	0.04%	0.04%
	LRCX	F	0.37%	0.2%	0.2%
	LULU	B	0.15%	0.07%	0.07%
	LUV	B	0.08%	0.04%	0.04%
	LVS	C	0.09%	0.04%	0.04%
	LYB	F	0.12%	0.04%	0.04%
	LYV	A	0.02%	0.03%	0.02%
	MA	B	0.65%	0.86%	0.65%
	MAR	A	0.05%	0.13%	0.05%
	MCD	C	0.16%	0.44%	0.16%
	MCHP	F	0.05%	0.08%	0.05%
	MCK	B	0.07%	0.14%	0.07%
	MCO	C	0.1%	0.15%	0.1%
	MDB	C	0.03%	0.04%	0.03%
	MDLZ	F	0.09%	0.19%	0.09%
	MDT	D	0.12%	0.23%	0.12%
	MELI	D	0.36%	0.2%	0.2%
	MET	C	0.2%	0.1%	0.1%
	META	B	2.31%	2.53%	2.31%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKL	A	0.12%	0.05%	0.05%
	MLM	B	0.14%	0.08%	0.08%
	MMC	D	0.09%	0.22%	0.09%
	MMM	C	0.19%	0.14%	0.14%
	MNST	B	0.03%	0.08%	0.03%
	MO	A	0.08%	0.19%	0.08%
	MOH	F	0.07%	0.04%	0.04%
	MPC	D	0.22%	0.1%	0.1%
	MPWR	F	0.06%	0.08%	0.06%
	MRK	F	0.33%	0.53%	0.33%
	MRNA	F	0.03%	0.04%	0.03%
	MRO	B	0.11%	0.03%	0.03%
	MRVL	B	0.11%	0.15%	0.11%
	MS	A	0.34%	0.3%	0.3%
	MSCI	B	0.04%	0.09%	0.04%
	MSFT	C	4.41%	6.15%	4.41%
	MSI	B	0.21%	0.16%	0.16%
	MSTR	B	0.07%	0.08%	0.07%
	MTB	A	0.11%	0.06%	0.06%
	MTD	F	0.03%	0.06%	0.03%
	MU	D	0.2%	0.23%	0.2%
	NDAQ	B	0.02%	0.06%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.07%	0.32%	0.07%
	NEM	F	0.02%	0.11%	0.02%
	NET	B	0.04%	0.05%	0.04%
	NFLX	A	0.47%	0.65%	0.47%
	NKE	F	0.17%	0.19%	0.17%
	NOC	D	0.05%	0.15%	0.05%
	NOW	A	0.29%	0.4%	0.29%
	NSC	B	0.22%	0.11%	0.11%
	NTAP	D	0.07%	0.05%	0.05%
	NTRS	A	0.11%	0.04%	0.04%
	NUE	D	0.17%	0.07%	0.07%
	NVDA	A	4.93%	6.6%	4.93%
	NVR	D	0.1%	0.06%	0.06%
	ODFL	B	0.14%	0.08%	0.08%
	OKE	A	0.19%	0.11%	0.11%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	A	0.02%	0.04%	0.02%
	ON	F	0.13%	0.06%	0.06%
	ORCL	A	0.42%	0.54%	0.42%
	ORLY	A	0.07%	0.14%	0.07%
	OTIS	D	0.04%	0.08%	0.04%
	OWL	B	0.0%	0.02%	0.0%
	OXY	F	0.15%	0.07%	0.07%
	PANW	B	0.18%	0.24%	0.18%
	PAYX	B	0.17%	0.09%	0.09%
	PCAR	B	0.24%	0.11%	0.11%
	PCG	A	0.13%	0.09%	0.09%
	PEG	C	0.09%	0.08%	0.08%
	PEP	D	0.27%	0.47%	0.27%
	PFE	F	0.15%	0.32%	0.15%
	PFG	C	0.09%	0.04%	0.04%
	PG	C	0.39%	0.8%	0.39%
	PGR	A	0.45%	0.29%	0.29%
	PH	A	0.09%	0.17%	0.09%
	PHM	D	0.12%	0.06%	0.06%
	PINS	F	0.02%	0.04%	0.02%
	PLTR	B	0.16%	0.17%	0.16%
	PM	B	0.18%	0.41%	0.18%
	PNC	B	0.22%	0.15%	0.15%
	PPG	F	0.05%	0.06%	0.05%
	PPL	A	0.07%	0.05%	0.05%
	PRU	B	0.18%	0.09%	0.09%
	PSTG	D	0.04%	0.03%	0.03%
	PSX	C	0.19%	0.1%	0.1%
	PTC	B	0.03%	0.04%	0.03%
	PWR	B	0.09%	0.09%	0.09%
	PYPL	A	0.3%	0.17%	0.17%
	QCOM	F	0.52%	0.38%	0.38%
	RBLX	B	0.01%	0.05%	0.01%
	RCL	A	0.26%	0.09%	0.09%
	REGN	F	0.14%	0.18%	0.14%
	RF	A	0.08%	0.04%	0.04%
	RJF	A	0.11%	0.06%	0.06%
	RMD	C	0.07%	0.08%	0.07%
	ROK	B	0.04%	0.06%	0.04%
	ROL	C	0.03%	0.03%	0.03%
	ROP	A	0.09%	0.12%	0.09%
	ROST	D	0.22%	0.09%	0.09%
	RPRX	F	0.03%	0.02%	0.02%
	RS	C	0.07%	0.03%	0.03%
	RSG	B	0.03%	0.08%	0.03%
	RTX	D	0.16%	0.32%	0.16%
	RVTY	C	0.02%	0.03%	0.02%
	SBUX	B	0.09%	0.22%	0.09%
	SCHW	B	0.2%	0.22%	0.2%
	SHW	A	0.14%	0.18%	0.14%
	SIRI	C	0.0%	0.0%	0.0%
	SLB	C	0.09%	0.12%	0.09%
	SMCI	F	0.02%	0.03%	0.02%
	SNAP	C	0.01%	0.02%	0.01%
	SNOW	C	0.05%	0.07%	0.05%
	SNPS	C	0.12%	0.16%	0.12%
	SO	D	0.12%	0.2%	0.12%
	SPGI	C	0.09%	0.31%	0.09%
	SPOT	A	0.06%	0.11%	0.06%
	SQ	B	0.06%	0.08%	0.06%
	SRE	B	0.07%	0.1%	0.07%
	SSNC	C	0.01%	0.03%	0.01%
	STE	D	0.04%	0.05%	0.04%
	STLD	C	0.13%	0.04%	0.04%
	STT	B	0.1%	0.06%	0.06%
	STX	D	0.03%	0.04%	0.03%
	STZ	D	0.05%	0.08%	0.05%
	SW	B	0.1%	0.05%	0.05%
	SWK	F	0.02%	0.03%	0.02%
	SWKS	F	0.07%	0.03%	0.03%
	SYF	B	0.15%	0.05%	0.05%
	SYK	A	0.11%	0.24%	0.11%
	SYY	D	0.07%	0.08%	0.07%
	T	A	0.42%	0.32%	0.32%
	TDG	D	0.07%	0.15%	0.07%
	TDY	B	0.03%	0.04%	0.03%
	TEAM	B	0.05%	0.07%	0.05%
	TER	F	0.05%	0.03%	0.03%
	TFC	B	0.19%	0.11%	0.11%
	TGT	C	0.28%	0.14%	0.14%
	TJX	A	0.43%	0.27%	0.27%
	TKO	D	0.0%	0.02%	0.0%
	TMO	F	0.15%	0.44%	0.15%
	TMUS	A	0.3%	0.22%	0.22%
	TRGP	B	0.26%	0.08%	0.08%
	TRMB	B	0.02%	0.03%	0.02%
	TROW	A	0.1%	0.05%	0.05%
	TRU	D	0.02%	0.04%	0.02%
	TRV	B	0.26%	0.11%	0.11%
	TSCO	D	0.18%	0.06%	0.06%
	TSLA	B	0.7%	1.37%	0.7%
	TSN	B	0.04%	0.03%	0.03%
	TT	B	0.13%	0.18%	0.13%
	TTD	B	0.06%	0.11%	0.06%
	TTWO	A	0.03%	0.05%	0.03%
	TW	B	0.02%	0.03%	0.02%
	TXN	B	0.28%	0.38%	0.28%
	TYL	B	0.04%	0.06%	0.04%
	UAL	A	0.18%	0.06%	0.06%
	UBER	F	0.1%	0.3%	0.1%
	ULTA	C	0.11%	0.04%	0.04%
	UNH	B	0.36%	1.05%	0.36%
	UNP	D	0.48%	0.29%	0.29%
	UPS	C	0.19%	0.2%	0.19%
	URI	B	0.2%	0.11%	0.11%
	USB	B	0.22%	0.14%	0.14%
	V	A	0.58%	0.95%	0.58%
	VEEV	B	0.05%	0.07%	0.05%
	VLO	C	0.16%	0.09%	0.09%
	VLTO	D	0.06%	0.05%	0.05%
	VMC	B	0.05%	0.07%	0.05%
	VRSK	A	0.12%	0.08%	0.08%
	VRSN	C	0.02%	0.03%	0.02%
	VRT	B	0.13%	0.08%	0.08%
	VRTX	B	0.25%	0.25%	0.25%
	VST	B	0.12%	0.08%	0.08%
	VTRS	B	0.09%	0.03%	0.03%
	VZ	D	0.44%	0.35%	0.35%
	WAB	B	0.04%	0.07%	0.04%
	WAT	B	0.05%	0.05%	0.05%
	WBD	B	0.03%	0.04%	0.03%
	WDAY	B	0.08%	0.11%	0.08%
	WDC	D	0.03%	0.04%	0.03%
	WEC	B	0.04%	0.06%	0.04%
	WFC	A	0.53%	0.46%	0.46%
	WLK	F	0.03%	0.01%	0.01%
	WM	A	0.12%	0.18%	0.12%
	WMB	B	0.29%	0.13%	0.13%
	WMT	A	0.63%	0.74%	0.63%
	WRB	B	0.07%	0.04%	0.04%
	WSM	F	0.12%	0.03%	0.03%
	WSO	B	0.05%	0.03%	0.03%
	WST	B	0.05%	0.05%	0.05%
	WTW	A	0.02%	0.06%	0.02%
	XEL	A	0.11%	0.07%	0.07%
	XOM	B	1.04%	1.09%	1.04%
	XYL	F	0.04%	0.06%	0.04%
	YUM	B	0.04%	0.08%	0.04%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.03%	0.04%	0.03%
	ZM	B	0.04%	0.04%	0.04%
	ZS	B	0.03%	0.03%	0.03%
	ZTS	D	0.2%	0.17%	0.17%

AVLC Overweight 506 Positions Relative to ONOF

	Symbol	Grade	Weight
	EME	B	0.15%
	TPL	B	0.13%
	IP	B	0.13%
	PKG	B	0.12%
	BURL	C	0.11%
	SFM	B	0.11%
	RPM	A	0.1%
	FIX	B	0.1%
	UTHR	B	0.1%
	OC	A	0.1%
	FLEX	B	0.1%
	EQH	B	0.09%
	TXRH	A	0.09%
	POOL	D	0.08%
	RNR	D	0.08%
	EXP	B	0.08%
	SNA	A	0.08%
	JEF	B	0.08%
	BJ	B	0.08%
	FNF	C	0.08%
	DKS	D	0.08%
	TPR	A	0.08%
	NXPI	F	0.08%
	EWBC	B	0.08%
	NCLH	B	0.08%
	FTI	B	0.08%
	CASY	B	0.08%
	PAYC	B	0.07%
	WCC	B	0.07%
	SAIA	B	0.07%
	MUSA	B	0.07%
	INGR	B	0.07%
	JXN	C	0.07%
	WMS	F	0.07%
	TOL	B	0.07%
	MLI	B	0.07%
	PRI	B	0.07%
	RGA	A	0.07%
	OVV	C	0.07%
	CRBG	C	0.06%
	KEY	B	0.06%
	COKE	C	0.06%
	NRG	C	0.06%
	WAL	B	0.06%
	CMA	A	0.06%
	AFG	A	0.06%
	PR	C	0.06%
	BWXT	B	0.06%
	LNTH	F	0.06%
	ATI	F	0.06%
	RL	B	0.06%
	GL	B	0.06%
	GNRC	B	0.06%
	ALLY	C	0.06%
	MANH	C	0.06%
	UHS	D	0.06%
	LECO	C	0.06%
	DCI	A	0.06%
	GPK	D	0.06%
	PFGC	B	0.06%
	LPX	A	0.06%
	ANF	C	0.06%
	AES	F	0.06%
	VMI	B	0.05%
	ENSG	C	0.05%
	MHK	D	0.05%
	WBS	A	0.05%
	EMN	D	0.05%
	WTFC	B	0.05%
	PNW	A	0.05%
	JLL	C	0.05%
	RHI	B	0.05%
	CROX	F	0.05%
	MTDR	B	0.05%
	WFRD	F	0.05%
	SKX	F	0.05%
	DOCU	B	0.05%
	ZION	B	0.05%
	MKTX	C	0.05%
	KMX	B	0.05%
	AIZ	A	0.05%
	ALV	C	0.05%
	AIT	A	0.05%
	CBT	C	0.05%
	MOS	D	0.05%
	BWA	B	0.05%
	ARW	F	0.05%
	TXT	D	0.05%
	KNSL	C	0.05%
	GGG	B	0.05%
	R	B	0.05%
	AXS	A	0.05%
	FYBR	D	0.05%
	UFPI	B	0.05%
	CHRD	D	0.05%
	FND	F	0.05%
	UNM	A	0.05%
	ATR	A	0.05%
	VFC	C	0.04%
	CIVI	D	0.04%
	AWI	B	0.04%
	AA	C	0.04%
	KEX	A	0.04%
	EVR	B	0.04%
	NBIX	C	0.04%
	AOS	F	0.04%
	SSD	F	0.04%
	SOFI	B	0.04%
	KNX	C	0.04%
	DINO	D	0.04%
	HRB	D	0.04%
	AGCO	F	0.04%
	XPO	B	0.04%
	CLF	F	0.04%
	CMC	B	0.04%
	SNX	C	0.04%
	WCN	A	0.04%
	OGE	B	0.04%
	JAZZ	B	0.04%
	HII	F	0.04%
	KD	A	0.04%
	MTG	C	0.04%
	FN	C	0.04%
	FMC	F	0.04%
	CRUS	F	0.04%
	TREX	C	0.04%
	ITT	A	0.04%
	NSIT	F	0.04%
	RRC	B	0.04%
	AXTA	A	0.04%
	EPAM	B	0.04%
	FHN	A	0.04%
	TAP	B	0.04%
	CBSH	A	0.04%
	CRS	B	0.04%
	CLH	B	0.04%
	KBH	D	0.04%
	GAP	B	0.04%
	LSTR	B	0.04%
	JKHY	C	0.04%
	AAON	B	0.04%
	AYI	A	0.04%
	SF	A	0.04%
	CHX	C	0.04%
	OMF	A	0.04%
	CFR	B	0.04%
	ORI	A	0.04%
	LAD	B	0.03%
	TFX	F	0.03%
	DY	C	0.03%
	GWRE	A	0.03%
	BCC	B	0.03%
	MOD	D	0.03%
	RLI	A	0.03%
	SCI	B	0.03%
	RIVN	F	0.03%
	GMED	B	0.03%
	FAF	C	0.03%
	PODD	B	0.03%
	BLD	F	0.03%
	IBP	F	0.03%
	COHR	C	0.03%
	FFIV	B	0.03%
	PEGA	B	0.03%
	TKR	F	0.03%
	ENLC	A	0.03%
	NWSA	B	0.03%
	OLN	F	0.03%
	HALO	C	0.03%
	NU	B	0.03%
	UHAL	D	0.03%
	HLNE	B	0.03%
	CTLT	D	0.03%
	NYT	C	0.03%
	VOYA	B	0.03%
	WWD	B	0.03%
	MTZ	B	0.03%
	EXPO	D	0.03%
	GNTX	C	0.03%
	ESNT	D	0.03%
	SATS	D	0.03%
	EHC	B	0.03%
	MUR	D	0.03%
	AM	B	0.03%
	PVH	C	0.03%
	X	D	0.03%
	AR	B	0.03%
	SEIC	A	0.03%
	EXEL	B	0.03%
	CW	C	0.03%
	ALK	A	0.03%
	BPOP	C	0.03%
	RGLD	C	0.03%
	MAT	C	0.03%
	CIEN	B	0.03%
	PNFP	B	0.03%
	SSB	B	0.03%
	TWLO	B	0.03%
	CVLT	B	0.03%
	LEA	F	0.03%
	APA	F	0.03%
	ONB	B	0.03%
	TTC	F	0.03%
	SNV	B	0.03%
	DTM	A	0.03%
	ITCI	B	0.02%
	EXLS	B	0.02%
	LANC	C	0.02%
	PCTY	B	0.02%
	FIVE	F	0.02%
	AUR	D	0.02%
	DPZ	C	0.02%
	ROIV	D	0.02%
	MSA	D	0.02%
	CGNX	C	0.02%
	FRPT	B	0.02%
	INSM	C	0.02%
	PPC	C	0.02%
	BC	D	0.02%
	CHH	B	0.02%
	RBC	B	0.02%
	MAS	D	0.02%
	DOCS	B	0.02%
	MDU	D	0.02%
	TOST	A	0.02%
	VKTX	F	0.02%
	AZN	F	0.02%
	ARMK	B	0.02%
	HOMB	A	0.02%
	LNW	F	0.02%
	FCN	F	0.02%
	ROKU	C	0.02%
	FSS	C	0.02%
	OZK	B	0.02%
	ALSN	B	0.02%
	NVT	C	0.02%
	NTRA	B	0.02%
	DAR	B	0.02%
	QRVO	F	0.02%
	SIGI	B	0.02%
	HLI	B	0.02%
	BMI	B	0.02%
	Z	B	0.02%
	NOV	C	0.02%
	HAS	D	0.02%
	GLOB	B	0.02%
	JHG	A	0.02%
	FLS	B	0.02%
	CHE	D	0.02%
	SWX	B	0.02%
	ONTO	F	0.02%
	MMSI	B	0.02%
	SN	C	0.02%
	MOG.A	B	0.02%
	OLED	F	0.02%
	CNM	D	0.02%
	BRKR	F	0.02%
	TECH	D	0.02%
	CCK	D	0.02%
	OLLI	C	0.02%
	LW	B	0.02%
	LFUS	D	0.02%
	DT	C	0.02%
	COOP	B	0.02%
	CSWI	B	0.02%
	CG	B	0.02%
	OSK	B	0.02%
	FBIN	F	0.02%
	MGY	B	0.02%
	MTH	D	0.02%
	FLR	C	0.02%
	JNPR	D	0.02%
	HESM	C	0.02%
	SON	F	0.02%
	QLYS	B	0.02%
	CADE	B	0.02%
	MASI	B	0.02%
	IVZ	B	0.02%
	PCVX	D	0.02%
	THC	B	0.02%
	TMHC	B	0.02%
	G	B	0.02%
	RVMD	C	0.02%
	TPX	B	0.02%
	PB	B	0.02%
	NI	A	0.02%
	M	C	0.02%
	ACM	B	0.02%
	CHDN	B	0.02%
	NTNX	B	0.02%
	GME	C	0.02%
	ALLE	D	0.02%
	LBRDK	C	0.02%
	AMKR	F	0.02%
	MEDP	D	0.02%
	CHRW	A	0.02%
	AFRM	B	0.02%
	LYFT	B	0.01%
	SEE	C	0.01%
	BPMC	C	0.01%
	H	B	0.01%
	PAG	B	0.01%
	RMBS	C	0.01%
	NEU	C	0.01%
	IONS	F	0.01%
	ZG	B	0.01%
	CFLT	B	0.01%
	CHWY	B	0.01%
	ADTN	B	0.01%
	TNET	C	0.01%
	GTLS	B	0.01%
	SMMT	D	0.01%
	BBWI	C	0.01%
	RRX	B	0.01%
	AAL	B	0.01%
	CYTK	C	0.01%
	RGEN	C	0.01%
	PI	D	0.01%
	NPAB	F	0.01%
	LCID	F	0.01%
	BILL	B	0.01%
	CWEN	D	0.01%
	EXAS	F	0.01%
	VAL	D	0.01%
	VERX	B	0.01%
	UI	B	0.01%
	SUM	B	0.01%
	ALTR	C	0.01%
	PEN	C	0.01%
	NOVT	C	0.01%
	WYNN	C	0.01%
	CACC	D	0.01%
	U	F	0.01%
	WTRG	C	0.01%
	PATH	C	0.01%
	GXO	B	0.01%
	TDW	F	0.01%
	BRBR	A	0.01%
	NWS	B	0.01%
	PCOR	B	0.01%
	ZETA	F	0.01%
	HQY	B	0.01%
	HXL	F	0.01%
	BROS	B	0.01%
	FOUR	B	0.01%
	AVAV	C	0.01%
	PSN	C	0.01%
	ESAB	B	0.01%
	MTN	C	0.01%
	MORN	B	0.01%
	DDS	B	0.01%
	ESTC	C	0.01%
	GTLB	B	0.01%
	IPG	F	0.01%
	DLB	D	0.01%
	HSIC	F	0.01%
	ACHC	F	0.01%
	KRYS	C	0.01%
	CWST	B	0.01%
	NXST	C	0.01%
	MKSI	C	0.01%
	DUOL	A	0.01%
	MARA	B	0.01%
	LKQ	C	0.01%
	DBX	B	0.01%
	SOLV	C	0.01%
	VRNS	C	0.01%
	MTCH	F	0.01%
	CWAN	B	0.01%
	RRR	F	0.01%
	LSCC	D	0.01%
	BECN	B	0.01%
	APPF	B	0.01%
	USFD	B	0.01%
	BOKF	B	0.01%
	VNT	C	0.01%
	CACI	C	0.01%
	RYAN	B	0.01%
	ATKR	C	0.01%
	IDA	A	0.01%
	PARA	B	0.01%
	OGN	F	0.01%
	SJM	F	0.01%
	BERY	D	0.01%
	KBR	D	0.01%
	SRPT	F	0.01%
	LEVI	F	0.01%
	AZEK	B	0.01%
	NFG	D	0.01%
	BEN	C	0.01%
	WEX	D	0.01%
	CRL	C	0.01%
	XP	F	0.01%
	MTSI	B	0.01%
	BCPC	B	0.01%
	BYD	A	0.01%
	MIDD	D	0.01%
	AN	C	0.01%
	WTS	B	0.01%
	SPSC	F	0.01%
	PLNT	A	0.01%
	DVA	C	0.01%
	LUMN	C	0.01%
	GKOS	B	0.01%
	VVV	B	0.01%
	SMAR	A	0.01%
	ZWS	B	0.01%
	TTEK	F	0.01%
	WING	D	0.01%
	BIO	C	0.01%
	AL	B	0.01%
	LNC	B	0.01%
	PFSI	D	0.01%
	ALB	C	0.01%
	SITE	D	0.01%
	PBF	F	0.01%
	SM	C	0.01%
	CR	B	0.01%
	WH	A	0.01%
	WSC	F	0.01%
	THO	B	0.01%
	ELAN	C	0.01%
	MDGL	C	0.01%
	PNR	A	0.01%
	S	B	0.01%
	NVST	C	0.0%
	TPG	B	0.0%
	CRSP	D	0.0%
	WOLF	F	0.0%
	WHR	B	0.0%
	RARE	F	0.0%
	HIMS	C	0.0%
	EMBC	C	0.0%
	KLG	F	0.0%
	COTY	D	0.0%
	AGL	F	0.0%
	FG	B	0.0%
	SEDG	F	0.0%
	CNXC	F	0.0%
	FFIN	B	0.0%
	RNA	B	0.0%
	DXC	B	0.0%
	IMVT	D	0.0%
	SPB	A	0.0%
	TXG	F	0.0%
	SAM	B	0.0%
	WBA	D	0.0%
	BRZE	C	0.0%
	UGI	D	0.0%
	CRVL	B	0.0%
	GBCI	B	0.0%
	AGO	B	0.0%
	BBIO	F	0.0%
	UHAL	D	0.0%
	APLS	F	0.0%
	IPGP	C	0.0%
	FNB	B	0.0%
	INFA	F	0.0%
	ALKS	C	0.0%
	FIZZ	C	0.0%
	PLUG	D	0.0%
	ZI	C	0.0%
	CAR	C	0.0%
	TDC	F	0.0%
	RDN	C	0.0%
	CWEN	D	0.0%
	HCP	A	0.0%
	EEFT	C	0.0%
	HRI	C	0.0%
	SNDR	B	0.0%
	WK	B	0.0%
	ALIT	C	0.0%
	TENB	C	0.0%
	FRHC	A	0.0%
	FLO	F	0.0%
	ST	F	0.0%
	OPCH	F	0.0%
	LBRDA	C	0.0%
	W	F	0.0%
	NFE	F	0.0%
	BIRK	F	0.0%
	ESI	B	0.0%
	CRDO	C	0.0%
	CZR	F	0.0%
	INSP	F	0.0%
	AMG	B	0.0%
	MMS	F	0.0%
	ACT	C	0.0%
	COLB	A	0.0%
	POST	D	0.0%
	ETSY	D	0.0%
	XRAY	F	0.0%
	REYN	D	0.0%
	TMDX	F	0.0%
	BFAM	F	0.0%
	CNA	C	0.0%
	RDDT	B	0.0%
	NUVL	D	0.0%
	DAY	B	0.0%
	SAIC	D	0.0%
	ALGM	F	0.0%
	RBRK	B	0.0%
	SLGN	B	0.0%
	RH	C	0.0%
	ELF	C	0.0%
	APG	C	0.0%

AVLC Underweight 28 Positions Relative to ONOF

	Symbol	Grade	Weight
	PLD	D	-0.21%
	AMT	F	-0.2%
	EQIX	B	-0.17%
	WELL	B	-0.16%
	DLR	C	-0.12%
	O	D	-0.11%
	PSA	D	-0.11%
	SPG	A	-0.11%
	CCI	F	-0.1%
	VICI	D	-0.07%
	EXR	D	-0.07%
	IRM	D	-0.07%
	AVB	B	-0.06%
	WY	F	-0.05%
	EQR	C	-0.05%
	SBAC	D	-0.05%
	VTR	C	-0.05%
	ARE	F	-0.04%
	ESS	C	-0.04%
	INVH	D	-0.04%
	MAA	C	-0.04%
	DOC	C	-0.03%
	SUI	F	-0.03%
	SCCO	F	-0.02%
	BXP	D	-0.02%
	WMG	B	-0.01%
	RKT	F	-0.0%
	EDR	B	-0.0%

AVLC: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Banks - Regional - US Diversified Industrials Business Services Software - Infrastructure Asset Management Oil & Gas E&P Semiconductors Utilities - Regulated Electric Specialty Retail Diagnostics & Research Capital Markets Packaged Foods Information Technology Services Specialty Chemicals Aerospace & Defense Building Materials Insurance - Property & Casualty Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor IBD 50 Dow Jones Component Insurance Products Biotechnology Building Materials

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Diagnostics & Research Capital Markets Software - Infrastructure Specialty Retail Asset Management Banks - Regional - US Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Insurance - Property & Casualty Internet Content & Information Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Electricity Insurance Dow Jones Component Electronics Aerospace Semiconductor Telecommunications Medicine Bank Cloud Computing Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust