EQAL vs. ONEV ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$50.51

Average Daily Volume

19,467

Number of Holdings ^*

967

* may have additional holdings in another (foreign) market

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$132.85

Average Daily Volume

6,856

Number of Holdings ^*

415

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	ONEV
30 Days	3.13%	2.90%
60 Days	6.87%	4.69%
90 Days	11.03%	8.40%
12 Months	32.07%	29.52%

411 Overlapping Holdings

	Symbol	Grade	Weight in EQAL	Weight in ONEV	Overlap
	A	F	0.08%	0.43%	0.08%
	AAON	B	0.06%	0.12%	0.06%
	AAP	D	0.05%	0.05%	0.05%
	ACGL	D	0.06%	0.94%	0.06%
	ACI	C	0.16%	0.19%	0.16%
	ACM	B	0.05%	0.2%	0.05%
	ADC	B	0.13%	0.06%	0.06%
	ADM	F	0.14%	0.54%	0.14%
	AEE	A	0.21%	0.39%	0.21%
	AEP	D	0.18%	0.28%	0.18%
	AES	F	0.15%	0.04%	0.04%
	AFG	B	0.06%	0.08%	0.06%
	AGCO	F	0.05%	0.14%	0.05%
	AGO	B	0.07%	0.08%	0.07%
	AGR	C	0.2%	0.04%	0.04%
	AIZ	A	0.07%	0.17%	0.07%
	AKAM	F	0.07%	0.29%	0.07%
	ALK	A	0.07%	0.07%	0.07%
	ALLE	D	0.05%	0.23%	0.05%
	ALSN	B	0.06%	0.37%	0.06%
	AMCR	D	0.04%	0.35%	0.04%
	AME	A	0.05%	0.19%	0.05%
	AMED	F	0.08%	0.04%	0.04%
	AMG	C	0.07%	0.21%	0.07%
	AMH	D	0.12%	0.11%	0.11%
	ANSS	B	0.07%	0.29%	0.07%
	AON	A	0.07%	0.56%	0.07%
	AOS	F	0.04%	0.25%	0.04%
	ARW	F	0.06%	0.08%	0.06%
	ASH	F	0.24%	0.07%	0.07%
	ATO	A	0.2%	0.63%	0.2%
	ATR	A	0.05%	0.23%	0.05%
	AVB	B	0.13%	0.27%	0.13%
	AVY	F	0.22%	0.17%	0.17%
	AWI	A	0.06%	0.11%	0.06%
	AWK	D	0.18%	0.16%	0.16%
	AXS	B	0.07%	0.1%	0.07%
	AXTA	B	0.05%	0.08%	0.05%
	AYI	A	0.06%	0.16%	0.06%
	AZO	C	0.05%	0.68%	0.05%
	BAH	C	0.05%	0.26%	0.05%
	BALL	D	0.04%	0.13%	0.04%
	BAX	F	0.07%	0.17%	0.07%
	BBY	D	0.05%	0.69%	0.05%
	BC	D	0.05%	0.06%	0.05%
	BEN	C	0.07%	0.06%	0.06%
	BERY	C	0.05%	0.13%	0.05%
	BFAM	F	0.04%	0.04%	0.04%
	BG	D	0.14%	0.16%	0.14%
	BJ	B	0.06%	0.34%	0.06%
	BMY	B	0.09%	1.32%	0.09%
	BR	A	0.06%	0.44%	0.06%
	BRBR	A	0.18%	0.08%	0.08%
	BRKR	F	0.07%	0.08%	0.07%
	BRO	A	0.07%	0.33%	0.07%
	BWA	B	0.06%	0.28%	0.06%
	BWXT	A	0.05%	0.16%	0.05%
	CACC	F	0.07%	0.02%	0.02%
	CACI	B	0.08%	0.37%	0.08%
	CAG	F	0.14%	0.21%	0.14%
	CAH	B	0.08%	1.05%	0.08%
	CASY	A	0.17%	0.54%	0.17%
	CBOE	D	0.06%	0.63%	0.06%
	CBRE	B	0.15%	0.31%	0.15%
	CBSH	A	0.07%	0.07%	0.07%
	CCK	B	0.05%	0.15%	0.05%
	CE	F	0.18%	0.15%	0.15%
	CF	B	0.25%	0.19%	0.19%
	CGNX	B	0.05%	0.04%	0.04%
	CHD	B	0.16%	0.21%	0.16%
	CHE	D	0.08%	0.3%	0.08%
	CHH	B	0.06%	0.07%	0.06%
	CHRW	B	0.05%	0.11%	0.05%
	CHTR	B	0.6%	0.54%	0.54%
	CIEN	B	0.62%	0.14%	0.14%
	CINF	A	0.07%	0.68%	0.07%
	CL	F	0.13%	0.25%	0.13%
	CLX	B	0.15%	0.3%	0.15%
	CMI	B	0.05%	0.69%	0.05%
	CMS	D	0.19%	0.28%	0.19%
	CNA	D	0.06%	0.02%	0.02%
	CNC	F	0.07%	0.64%	0.07%
	CNH	D	0.05%	0.06%	0.05%
	CNM	D	0.05%	0.18%	0.05%
	CNP	B	0.21%	0.25%	0.21%
	COKE	D	0.15%	0.12%	0.12%
	COLM	B	0.05%	0.1%	0.05%
	COR	A	0.16%	0.67%	0.16%
	CPAY	A	0.05%	0.24%	0.05%
	CPB	F	0.15%	0.2%	0.15%
	CPT	D	0.13%	0.22%	0.13%
	CR	B	0.05%	0.12%	0.05%
	CRI	F	0.04%	0.06%	0.04%
	CRL	C	0.09%	0.08%	0.08%
	CRUS	F	0.05%	0.16%	0.05%
	CSL	C	0.05%	0.19%	0.05%
	CSX	B	0.05%	0.27%	0.05%
	CTRA	C	0.21%	0.3%	0.21%
	CTSH	A	0.07%	1.43%	0.07%
	CTVA	C	0.18%	0.15%	0.15%
	CUBE	D	0.12%	0.31%	0.12%
	CVS	F	0.17%	0.29%	0.17%
	CW	B	0.06%	0.15%	0.06%
	CWEN	D	0.19%	0.04%	0.04%
	CWEN	D	0.19%	0.02%	0.02%
	CXT	D	0.04%	0.06%	0.04%
	D	D	0.2%	0.32%	0.2%
	DBX	B	0.07%	0.24%	0.07%
	DCI	A	0.05%	0.26%	0.05%
	DG	F	0.05%	0.32%	0.05%
	DGX	A	0.08%	0.39%	0.08%
	DHI	D	0.04%	0.33%	0.04%
	DINO	D	0.19%	0.05%	0.05%
	DLB	C	0.07%	0.16%	0.07%
	DLTR	F	0.05%	0.18%	0.05%
	DNB	B	0.07%	0.05%	0.05%
	DOV	A	0.05%	0.18%	0.05%
	DOX	A	0.07%	0.38%	0.07%
	DPZ	C	0.06%	0.18%	0.06%
	DTE	D	0.19%	0.19%	0.19%
	DTM	A	0.25%	0.2%	0.2%
	DVA	C	0.07%	0.19%	0.07%
	EA	A	0.06%	0.75%	0.06%
	EBAY	D	0.05%	0.63%	0.05%
	ED	D	0.19%	0.32%	0.19%
	EEFT	C	0.05%	0.04%	0.04%
	EG	D	0.06%	0.57%	0.06%
	EGP	D	0.13%	0.12%	0.12%
	EHC	B	0.09%	0.27%	0.09%
	EIX	D	0.19%	0.24%	0.19%
	ELS	C	0.12%	0.21%	0.12%
	EME	B	0.06%	0.32%	0.06%
	EMN	D	0.24%	0.21%	0.21%
	EQR	D	0.13%	0.23%	0.13%
	ES	F	0.18%	0.13%	0.13%
	ESAB	B	0.06%	0.06%	0.06%
	ESI	B	0.27%	0.06%	0.06%
	ESS	C	0.13%	0.13%	0.13%
	ETR	B	0.23%	0.53%	0.23%
	EVR	B	0.08%	0.14%	0.08%
	EVRG	A	0.2%	0.31%	0.2%
	EXC	D	0.19%	0.35%	0.19%
	EXEL	B	0.11%	0.19%	0.11%
	EXP	B	0.05%	0.17%	0.05%
	EXPD	F	0.05%	0.37%	0.05%
	FAF	D	0.06%	0.04%	0.04%
	FAST	B	0.28%	0.63%	0.28%
	FBIN	F	0.05%	0.09%	0.05%
	FCN	D	0.04%	0.15%	0.04%
	FCNCA	B	0.08%	0.16%	0.08%
	FDS	A	0.07%	0.46%	0.07%
	FDX	B	0.05%	0.26%	0.05%
	FE	D	0.19%	0.19%	0.19%
	FFIV	B	0.07%	0.51%	0.07%
	FHB	B	0.08%	0.02%	0.02%
	FIVE	F	0.05%	0.04%	0.04%
	FIX	B	0.06%	0.13%	0.06%
	FLO	F	0.15%	0.12%	0.12%
	FLS	B	0.06%	0.06%	0.06%
	FMC	F	0.23%	0.04%	0.04%
	FOXA	A	0.06%	0.33%	0.06%
	FR	D	0.13%	0.17%	0.13%
	FTRE	D	0.07%	0.06%	0.06%
	FTV	D	0.04%	0.18%	0.04%
	FYBR	D	0.49%	0.1%	0.1%
	G	B	0.05%	0.26%	0.05%
	GDDY	A	0.07%	0.3%	0.07%
	GEHC	D	0.08%	0.5%	0.08%
	GEN	A	0.07%	0.26%	0.07%
	GGG	B	0.05%	0.28%	0.05%
	GILD	B	0.09%	0.91%	0.09%
	GIS	F	0.14%	0.35%	0.14%
	GL	B	0.07%	0.26%	0.07%
	GNTX	C	0.05%	0.25%	0.05%
	GO	D	0.16%	0.06%	0.06%
	GPC	D	0.05%	0.53%	0.05%
	GPK	D	0.05%	0.17%	0.05%
	GRMN	A	0.06%	0.5%	0.06%
	GTES	B	0.06%	0.03%	0.03%
	GWW	B	0.05%	0.42%	0.05%
	GXO	B	0.05%	0.09%	0.05%
	HIG	C	0.07%	0.26%	0.07%
	HII	D	0.04%	0.25%	0.04%
	HIW	D	0.14%	0.04%	0.04%
	HLI	B	0.08%	0.3%	0.08%
	HOG	F	0.05%	0.03%	0.03%
	HOLX	D	0.08%	0.21%	0.08%
	HPE	B	0.08%	0.61%	0.08%
	HRB	D	0.05%	0.3%	0.05%
	HRL	F	0.15%	0.12%	0.12%
	HSIC	F	0.08%	0.07%	0.07%
	HST	C	0.14%	0.17%	0.14%
	HSY	D	0.14%	0.27%	0.14%
	HUBB	B	0.05%	0.13%	0.05%
	HUM	F	0.07%	0.75%	0.07%
	HUN	F	0.23%	0.05%	0.05%
	IBKR	A	0.08%	0.11%	0.08%
	IDA	A	0.21%	0.13%	0.13%
	IEX	B	0.06%	0.23%	0.06%
	INCY	B	0.1%	0.43%	0.1%
	INGR	B	0.17%	0.36%	0.17%
	IP	B	0.29%	0.47%	0.29%
	IPG	F	0.05%	0.25%	0.05%
	IPGP	C	0.08%	0.07%	0.07%
	IRDM	C	0.58%	0.04%	0.04%
	ITT	A	0.05%	0.17%	0.05%
	ITW	B	0.05%	0.34%	0.05%
	J	B	0.05%	0.35%	0.05%
	JAZZ	B	0.08%	0.27%	0.08%
	JBHT	B	0.05%	0.27%	0.05%
	JBL	B	0.08%	0.47%	0.08%
	JHG	B	0.08%	0.15%	0.08%
	JKHY	C	0.05%	0.22%	0.05%
	JNPR	C	0.5%	0.41%	0.41%
	K	A	0.16%	0.39%	0.16%
	KEX	A	0.05%	0.07%	0.05%
	KEYS	B	0.05%	0.37%	0.05%
	KHC	F	0.15%	0.17%	0.15%
	KMB	F	0.14%	0.42%	0.14%
	KNSL	C	0.06%	0.16%	0.06%
	KNX	B	0.05%	0.18%	0.05%
	KR	A	0.17%	0.57%	0.17%
	KRC	C	0.16%	0.06%	0.06%
	KVUE	A	0.15%	0.57%	0.15%
	L	B	0.06%	0.21%	0.06%
	LAMR	D	0.14%	0.17%	0.14%
	LBRDK	B	0.83%	0.12%	0.12%
	LDOS	A	0.08%	0.64%	0.08%
	LEA	F	0.05%	0.13%	0.05%
	LECO	B	0.06%	0.29%	0.06%
	LEG	F	0.05%	0.04%	0.04%
	LFUS	D	0.05%	0.06%	0.05%
	LH	B	0.08%	0.55%	0.08%
	LII	B	0.05%	0.17%	0.05%
	LKQ	D	0.05%	0.13%	0.05%
	LNT	C	0.19%	0.19%	0.19%
	LOPE	B	0.06%	0.18%	0.06%
	LPLA	A	0.09%	0.16%	0.09%
	LSTR	B	0.05%	0.24%	0.05%
	LUV	B	0.05%	0.36%	0.05%
	MAA	C	0.13%	0.31%	0.13%
	MAN	F	0.04%	0.1%	0.04%
	MAS	D	0.05%	0.33%	0.05%
	MAT	C	0.05%	0.19%	0.05%
	MCK	B	0.17%	0.7%	0.17%
	MDU	F	0.03%	0.07%	0.03%
	MIDD	C	0.05%	0.04%	0.04%
	MKC	D	0.14%	0.19%	0.14%
	MKL	A	0.07%	0.45%	0.07%
	MKTX	C	0.07%	0.19%	0.07%
	MNST	B	0.17%	0.17%	0.17%
	MO	A	0.16%	0.57%	0.16%
	MOH	F	0.07%	0.34%	0.07%
	MORN	A	0.07%	0.06%	0.06%
	MSA	D	0.05%	0.05%	0.05%
	MSCI	B	0.06%	0.31%	0.06%
	MSGS	B	0.06%	0.11%	0.06%
	MSM	B	0.05%	0.15%	0.05%
	MTD	F	0.05%	0.17%	0.05%
	MTG	D	0.06%	0.18%	0.06%
	MTN	D	0.05%	0.17%	0.05%
	MUSA	B	0.05%	0.26%	0.05%
	NBIX	C	0.08%	0.11%	0.08%
	NDAQ	B	0.07%	0.18%	0.07%
	NDSN	B	0.05%	0.08%	0.05%
	NEU	C	0.24%	0.13%	0.13%
	NFG	C	0.21%	0.19%	0.19%
	NI	A	0.21%	0.27%	0.21%
	NNN	F	0.12%	0.11%	0.11%
	NOC	C	0.05%	0.29%	0.05%
	NRG	B	0.23%	0.13%	0.13%
	NSA	D	0.12%	0.06%	0.06%
	NTAP	C	0.06%	0.56%	0.06%
	NUE	C	0.28%	0.37%	0.28%
	NVR	D	0.05%	0.42%	0.05%
	NVST	C	0.1%	0.04%	0.04%
	NWL	B	0.07%	0.08%	0.07%
	NWSA	B	0.06%	0.12%	0.06%
	NXST	C	0.06%	0.07%	0.06%
	NYT	C	0.05%	0.2%	0.05%
	OC	B	0.05%	0.2%	0.05%
	ODFL	B	0.06%	0.18%	0.06%
	OGE	B	0.21%	0.26%	0.21%
	OGN	F	0.06%	0.08%	0.06%
	OLLI	D	0.05%	0.04%	0.04%
	OMC	B	0.06%	0.49%	0.06%
	ORI	A	0.07%	0.17%	0.07%
	ORLY	A	0.05%	0.72%	0.05%
	OSK	B	0.06%	0.17%	0.06%
	OTIS	D	0.05%	0.28%	0.05%
	OZK	B	0.07%	0.05%	0.05%
	PAG	C	0.06%	0.02%	0.02%
	PAYX	B	0.05%	0.33%	0.05%
	PB	A	0.07%	0.06%	0.06%
	PCAR	B	0.05%	0.47%	0.05%
	PEG	D	0.2%	0.37%	0.2%
	PHM	D	0.05%	0.28%	0.05%
	PII	F	0.04%	0.12%	0.04%
	PINC	B	0.1%	0.1%	0.1%
	PKG	B	0.06%	0.32%	0.06%
	PNR	B	0.05%	0.14%	0.05%
	PNW	B	0.2%	0.24%	0.2%
	POOL	D	0.05%	0.38%	0.05%
	POST	D	0.15%	0.13%	0.13%
	PPC	B	0.2%	0.02%	0.02%
	PPG	F	0.05%	0.21%	0.05%
	PPL	A	0.2%	0.24%	0.2%
	PRGO	C	0.08%	0.09%	0.08%
	PRI	A	0.07%	0.21%	0.07%
	PSA	D	0.12%	0.65%	0.12%
	PSN	A	0.07%	0.16%	0.07%
	QGEN	F	0.08%	0.15%	0.08%
	QRVO	F	0.04%	0.09%	0.04%
	R	B	0.06%	0.08%	0.06%
	REYN	D	0.13%	0.05%	0.05%
	RGLD	C	0.24%	0.17%	0.17%
	RHI	B	0.06%	0.28%	0.06%
	RL	B	0.06%	0.25%	0.06%
	RLI	A	0.07%	0.26%	0.07%
	RNR	D	0.06%	0.5%	0.06%
	ROK	B	0.05%	0.24%	0.05%
	ROL	B	0.05%	0.21%	0.05%
	RPM	B	0.05%	0.23%	0.05%
	RPRX	F	0.08%	0.37%	0.08%
	RS	B	0.28%	0.66%	0.28%
	RSG	A	0.2%	0.18%	0.18%
	RYN	F	0.14%	0.1%	0.1%
	SAIC	B	0.07%	0.28%	0.07%
	SAM	B	0.17%	0.03%	0.03%
	SBAC	D	0.12%	0.25%	0.12%
	SCI	B	0.06%	0.31%	0.06%
	SEB	F	0.14%	0.02%	0.02%
	SEE	C	0.05%	0.02%	0.02%
	SEIC	A	0.07%	0.29%	0.07%
	SIRI	C	0.05%	0.17%	0.05%
	SITE	C	0.06%	0.07%	0.06%
	SJM	F	0.16%	0.24%	0.16%
	SKX	F	0.05%	0.21%	0.05%
	SLGN	A	0.05%	0.1%	0.05%
	SN	D	0.05%	0.06%	0.05%
	SNA	A	0.06%	0.55%	0.06%
	SNDR	A	0.05%	0.05%	0.05%
	SNX	C	0.07%	0.12%	0.07%
	SOLV	C	0.09%	0.36%	0.09%
	SON	F	0.05%	0.14%	0.05%
	SRE	A	0.21%	0.36%	0.21%
	SSD	D	0.05%	0.16%	0.05%
	SSNC	C	0.06%	0.17%	0.06%
	ST	F	0.04%	0.02%	0.02%
	STAG	F	0.13%	0.08%	0.08%
	STE	F	0.07%	0.19%	0.07%
	STLD	B	0.33%	0.24%	0.24%
	SWKS	F	0.05%	0.51%	0.05%
	SYF	B	0.06%	0.14%	0.06%
	SYY	B	0.16%	0.23%	0.16%
	TAP	B	0.17%	0.24%	0.17%
	TDY	A	0.05%	0.09%	0.05%
	TECH	C	0.08%	0.1%	0.08%
	TFX	F	0.07%	0.11%	0.07%
	TGT	C	0.05%	0.46%	0.05%
	THG	A	0.07%	0.04%	0.04%
	TKR	F	0.24%	0.05%	0.05%
	TNL	A	0.06%	0.02%	0.02%
	TROW	B	0.07%	0.59%	0.07%
	TRV	B	0.07%	0.36%	0.07%
	TSCO	D	0.05%	0.51%	0.05%
	TSN	C	0.15%	0.14%	0.14%
	TTC	D	0.05%	0.14%	0.05%
	TTEK	C	0.05%	0.07%	0.05%
	TW	B	0.07%	0.16%	0.07%
	TXRH	B	0.06%	0.12%	0.06%
	TXT	D	0.04%	0.19%	0.04%
	UAA	B	0.06%	0.01%	0.01%
	UDR	D	0.13%	0.18%	0.13%
	UGI	D	0.2%	0.1%	0.1%
	UHAL	C	0.06%	0.08%	0.06%
	UHAL	C	0.06%	0.01%	0.01%
	UHS	D	0.07%	0.19%	0.07%
	UTHR	B	0.1%	0.64%	0.1%
	VFC	C	0.06%	0.17%	0.06%
	VICI	D	0.13%	0.27%	0.13%
	VIRT	B	0.07%	0.03%	0.03%
	VMC	B	0.06%	0.15%	0.06%
	VMI	B	0.05%	0.13%	0.05%
	VNT	B	0.06%	0.11%	0.06%
	VOYA	A	0.07%	0.07%	0.07%
	VRSK	A	0.04%	0.26%	0.04%
	VRSN	C	0.07%	0.57%	0.07%
	VST	B	0.31%	0.25%	0.25%
	VSTS	D	0.04%	0.06%	0.04%
	VTRS	B	0.08%	0.3%	0.08%
	VVV	B	0.05%	0.18%	0.05%
	WBA	D	0.16%	0.05%	0.05%
	WEC	B	0.2%	0.35%	0.2%
	WH	A	0.06%	0.04%	0.04%
	WHR	B	0.06%	0.15%	0.06%
	WLK	F	0.23%	0.03%	0.03%
	WPC	F	0.12%	0.21%	0.12%
	WRB	B	0.07%	0.38%	0.07%
	WSC	F	0.04%	0.04%	0.04%
	WSO	A	0.05%	0.24%	0.05%
	WST	C	0.09%	0.27%	0.09%
	WTRG	B	0.21%	0.14%	0.14%
	WTW	A	0.07%	0.26%	0.07%
	WU	F	0.04%	0.13%	0.04%
	WWD	B	0.05%	0.04%	0.04%
	WY	F	0.14%	0.21%	0.14%
	XEL	A	0.2%	0.51%	0.2%
	XRAY	F	0.08%	0.06%	0.06%
	YUM	B	0.05%	0.33%	0.05%
	ZBH	C	0.08%	0.23%	0.08%

EQAL Overweight 558 Positions Relative to ONEV

	Symbol	Grade	Weight
	LITE	B	0.66%
	UI	A	0.62%
	ANET	C	0.59%
	CMCSA	B	0.58%
	CSCO	A	0.58%
	TMUS	A	0.57%
	MSI	B	0.53%
	T	C	0.51%
	ROKU	C	0.48%
	VZ	D	0.47%
	MP	B	0.34%
	AA	C	0.34%
	TPL	A	0.33%
	X	B	0.29%
	CLF	D	0.29%
	CC	D	0.28%
	ALB	C	0.26%
	APD	B	0.26%
	MOS	D	0.26%
	RBC	B	0.26%
	SMG	C	0.26%
	FCX	F	0.26%
	SCCO	D	0.26%
	OLN	D	0.25%
	TRGP	A	0.25%
	BKR	B	0.25%
	KMI	A	0.25%
	LIN	D	0.24%
	HXL	D	0.24%
	EQT	A	0.24%
	WMB	A	0.24%
	CEG	D	0.24%
	MTDR	C	0.23%
	ECL	D	0.23%
	FTI	B	0.23%
	CLH	B	0.22%
	SLB	D	0.22%
	LYB	F	0.22%
	COP	C	0.22%
	PR	B	0.22%
	MRO	B	0.22%
	LNG	B	0.22%
	HES	C	0.22%
	OKE	A	0.22%
	RRC	B	0.22%
	CVX	B	0.22%
	APA	F	0.21%
	NOV	D	0.21%
	WM	A	0.21%
	FANG	D	0.21%
	EOG	B	0.21%
	AR	B	0.21%
	OVV	C	0.21%
	XOM	B	0.21%
	HAL	D	0.21%
	CHRD	F	0.2%
	WFRD	D	0.2%
	LW	C	0.2%
	DVN	F	0.2%
	NEM	F	0.2%
	OXY	F	0.2%
	PSX	D	0.2%
	IFF	F	0.2%
	CIVI	F	0.2%
	PCG	A	0.2%
	VLO	D	0.2%
	AM	B	0.2%
	PFGC	B	0.19%
	MPC	D	0.19%
	DUK	D	0.19%
	SO	D	0.19%
	NEE	D	0.18%
	DAR	B	0.18%
	VNO	C	0.17%
	FRPT	B	0.17%
	NFE	F	0.17%
	USFD	A	0.17%
	SPB	A	0.16%
	PM	C	0.16%
	FSLR	F	0.16%
	SEG	C	0.15%
	CUZ	C	0.15%
	PEP	F	0.15%
	DLR	B	0.15%
	PK	B	0.15%
	HHH	B	0.15%
	DOC	C	0.14%
	DJT	D	0.14%
	ENPH	F	0.14%
	KDP	D	0.14%
	MDLZ	F	0.14%
	EQIX	C	0.14%
	KO	F	0.14%
	KIM	B	0.14%
	BXP	D	0.14%
	BRX	B	0.14%
	Z	B	0.14%
	WELL	B	0.14%
	JLL	C	0.14%
	STZ	D	0.14%
	CELH	F	0.14%
	PG	D	0.14%
	SPG	B	0.14%
	INVH	D	0.13%
	ARE	F	0.13%
	EPR	D	0.13%
	GLPI	D	0.13%
	CSGP	D	0.13%
	VTR	C	0.13%
	FRT	C	0.13%
	OHI	B	0.13%
	REG	B	0.13%
	IRM	C	0.13%
	MASI	B	0.12%
	REXR	F	0.12%
	CCI	F	0.12%
	COLD	F	0.12%
	PLD	F	0.12%
	MSTR	A	0.12%
	EXR	D	0.12%
	SUI	F	0.12%
	O	D	0.12%
	MPW	F	0.11%
	AMT	F	0.11%
	ILMN	C	0.1%
	COIN	B	0.1%
	ITCI	B	0.1%
	PLTR	B	0.1%
	SOFI	B	0.1%
	APP	A	0.1%
	TWLO	B	0.1%
	WOLF	F	0.1%
	CFLT	B	0.09%
	ZION	B	0.09%
	CFR	B	0.09%
	ENOV	C	0.09%
	CG	B	0.09%
	WBS	B	0.09%
	MS	A	0.09%
	CVNA	B	0.09%
	WFC	B	0.09%
	UAL	A	0.09%
	DOCS	B	0.09%
	HOOD	B	0.09%
	EWBC	A	0.09%
	APO	B	0.09%
	BIO	C	0.09%
	PEN	B	0.09%
	GMED	B	0.09%
	WAT	B	0.09%
	S	B	0.08%
	DELL	C	0.08%
	FNB	A	0.08%
	SCHW	A	0.08%
	OMF	B	0.08%
	TMO	F	0.08%
	HBAN	A	0.08%
	GS	B	0.08%
	NTRS	A	0.08%
	CRWD	B	0.08%
	JNJ	F	0.08%
	LSCC	C	0.08%
	CMA	B	0.08%
	KEY	B	0.08%
	PCOR	B	0.08%
	USB	B	0.08%
	EW	F	0.08%
	ROIV	D	0.08%
	JEF	B	0.08%
	TPG	B	0.08%
	LNC	B	0.08%
	SHC	D	0.08%
	RMD	B	0.08%
	ALGN	D	0.08%
	VEEV	B	0.08%
	IONS	F	0.08%
	SRPT	F	0.08%
	NCLH	A	0.08%
	MU	C	0.08%
	AMGN	F	0.08%
	PEGA	A	0.08%
	AZTA	D	0.08%
	RNG	C	0.08%
	EQH	B	0.08%
	INTC	C	0.08%
	VRTX	B	0.08%
	DXCM	C	0.08%
	UNM	A	0.08%
	BHF	B	0.08%
	MDT	D	0.08%
	DASH	A	0.08%
	RCM	B	0.08%
	MTB	B	0.08%
	UNH	B	0.08%
	NTRA	B	0.08%
	THC	B	0.08%
	FHN	B	0.08%
	CERT	F	0.08%
	BDX	D	0.08%
	KKR	B	0.08%
	COHR	B	0.08%
	SYK	A	0.08%
	RGEN	D	0.08%
	PNFP	B	0.08%
	WTFC	A	0.08%
	ABBV	D	0.08%
	SNV	B	0.08%
	MEDP	D	0.08%
	PODD	B	0.08%
	INSP	D	0.08%
	RVTY	C	0.08%
	CTLT	C	0.08%
	ALNY	D	0.08%
	ISRG	A	0.08%
	ABT	B	0.08%
	COLB	B	0.08%
	AMP	A	0.08%
	TEAM	B	0.08%
	VKTX	D	0.08%
	DFS	B	0.08%
	RJF	A	0.08%
	OWL	B	0.08%
	DOCU	A	0.08%
	SF	A	0.08%
	DAY	B	0.08%
	PAYC	B	0.08%
	NCNO	B	0.08%
	VRT	B	0.08%
	BSX	A	0.08%
	LVS	C	0.07%
	SNOW	C	0.07%
	COF	B	0.07%
	KMPR	A	0.07%
	LYV	A	0.07%
	MTCH	F	0.07%
	EXPE	B	0.07%
	LLY	D	0.07%
	FTNT	A	0.07%
	TRIP	D	0.07%
	IAC	F	0.07%
	AVGO	B	0.07%
	META	B	0.07%
	RYAN	B	0.07%
	TFSL	A	0.07%
	BRK.A	C	0.07%
	NTNX	B	0.07%
	CDNS	B	0.07%
	PATH	C	0.07%
	AAL	B	0.07%
	PCTY	A	0.07%
	AIG	C	0.07%
	WDC	D	0.07%
	WTM	A	0.07%
	SMAR	B	0.07%
	GLOB	B	0.07%
	GTLB	C	0.07%
	BKNG	A	0.07%
	HPQ	B	0.07%
	DT	C	0.07%
	DV	C	0.07%
	PSTG	D	0.07%
	NOW	A	0.07%
	ORCL	A	0.07%
	MET	C	0.07%
	AVTR	F	0.07%
	IT	A	0.07%
	GWRE	A	0.07%
	SNPS	B	0.07%
	FIVN	C	0.07%
	RARE	F	0.07%
	MRK	F	0.07%
	KBR	B	0.07%
	TFC	A	0.07%
	APH	B	0.07%
	GOOGL	B	0.07%
	BK	B	0.07%
	CAR	C	0.07%
	AVT	C	0.07%
	BIIB	F	0.07%
	U	D	0.07%
	FITB	A	0.07%
	IDXX	D	0.07%
	PINS	D	0.07%
	CI	D	0.07%
	GLW	B	0.07%
	GEV	B	0.07%
	ESTC	C	0.07%
	HCA	D	0.07%
	PRU	B	0.07%
	ZS	B	0.07%
	ZI	C	0.07%
	DUOL	B	0.07%
	ZTS	F	0.07%
	ELAN	D	0.07%
	ALLY	C	0.07%
	PNC	A	0.07%
	DDOG	C	0.07%
	DAL	A	0.07%
	GFS	C	0.07%
	MRVL	B	0.07%
	BAC	A	0.07%
	STT	B	0.07%
	ADSK	B	0.07%
	PANW	A	0.07%
	LAD	B	0.07%
	BOKF	B	0.07%
	JPM	B	0.07%
	PTC	B	0.07%
	IVZ	C	0.07%
	PYCR	C	0.07%
	CCL	A	0.07%
	RCL	A	0.07%
	SLM	B	0.07%
	ZM	A	0.07%
	TOST	A	0.07%
	NET	C	0.07%
	MTSI	B	0.07%
	IQV	F	0.07%
	RF	A	0.07%
	CRM	B	0.07%
	HUBS	A	0.07%
	C	B	0.07%
	BX	B	0.07%
	PFE	F	0.07%
	CRBG	C	0.07%
	NVDA	A	0.07%
	CFG	B	0.07%
	ARES	B	0.07%
	DHR	F	0.07%
	WAL	B	0.07%
	MPWR	F	0.06%
	CPNG	C	0.06%
	RRX	C	0.06%
	RBA	B	0.06%
	PVH	C	0.06%
	NFLX	A	0.06%
	UBER	F	0.06%
	LOW	B	0.06%
	H	C	0.06%
	REGN	F	0.06%
	M	D	0.06%
	TRMB	B	0.06%
	KLAC	F	0.06%
	URI	B	0.06%
	AMKR	F	0.06%
	AGNC	D	0.06%
	PLNT	B	0.06%
	DIS	C	0.06%
	CZR	D	0.06%
	EMR	A	0.06%
	PLTK	B	0.06%
	ARMK	C	0.06%
	ONTO	F	0.06%
	CDW	F	0.06%
	ZBRA	A	0.06%
	WYNN	F	0.06%
	GNRC	B	0.06%
	GME	C	0.06%
	CPRT	B	0.06%
	WBD	C	0.06%
	OLED	F	0.06%
	TTWO	A	0.06%
	SPGI	D	0.06%
	MDB	C	0.06%
	TPR	B	0.06%
	BILL	A	0.06%
	XP	F	0.06%
	TXG	F	0.06%
	STWD	D	0.06%
	THO	B	0.06%
	AMD	F	0.06%
	MRNA	F	0.06%
	BBWI	C	0.06%
	MCHP	F	0.06%
	RBLX	A	0.06%
	MCO	C	0.06%
	ENTG	D	0.06%
	FOUR	B	0.06%
	ICE	D	0.06%
	HCP	A	0.06%
	MSFT	C	0.06%
	WEN	C	0.06%
	SPOT	A	0.06%
	VAC	B	0.06%
	ELV	F	0.06%
	HLT	A	0.06%
	BYD	A	0.06%
	GM	B	0.06%
	MAR	A	0.06%
	MMC	C	0.06%
	DDS	C	0.06%
	SAIA	B	0.06%
	ABNB	C	0.06%
	LULU	C	0.06%
	WDAY	B	0.06%
	INTU	A	0.06%
	CB	D	0.06%
	IBM	D	0.06%
	WCC	B	0.06%
	XPO	B	0.06%
	AFL	C	0.06%
	AAPL	D	0.06%
	ON	D	0.06%
	APPF	B	0.06%
	TTD	A	0.06%
	APLS	F	0.06%
	ADI	D	0.06%
	ALL	A	0.06%
	BSY	D	0.06%
	AMAT	F	0.06%
	LRCX	F	0.06%
	LYFT	B	0.06%
	DXC	B	0.06%
	FNF	C	0.06%
	TYL	B	0.06%
	INFA	D	0.06%
	BPOP	C	0.06%
	ALGM	F	0.06%
	OKTA	C	0.06%
	PFG	C	0.06%
	NU	B	0.06%
	PGR	B	0.06%
	TSLA	B	0.06%
	QCOM	F	0.06%
	RGA	A	0.06%
	RH	B	0.06%
	AJG	B	0.06%
	KD	B	0.06%
	EXAS	F	0.06%
	TDC	D	0.06%
	BMRN	F	0.06%
	TXN	B	0.06%
	ROP	B	0.06%
	EPAM	C	0.06%
	MANH	C	0.06%
	CME	B	0.06%
	TDG	B	0.05%
	BLD	F	0.05%
	BLDR	D	0.05%
	ROST	F	0.05%
	ATI	D	0.05%
	DE	D	0.05%
	UWMC	F	0.05%
	MMM	D	0.05%
	W	F	0.05%
	SHW	B	0.05%
	ELF	C	0.05%
	KSS	F	0.05%
	CLVT	F	0.05%
	BURL	C	0.05%
	GE	C	0.05%
	FND	F	0.05%
	DKS	D	0.05%
	UPS	D	0.05%
	WEX	D	0.05%
	LEN	D	0.05%
	UNP	D	0.05%
	V	A	0.05%
	GPN	B	0.05%
	CTAS	A	0.05%
	TRU	D	0.05%
	AZEK	B	0.05%
	FIS	C	0.05%
	YETI	C	0.05%
	WSM	F	0.05%
	LNW	C	0.05%
	NKE	F	0.05%
	APG	B	0.05%
	LHX	B	0.05%
	SBUX	B	0.05%
	HEI	C	0.05%
	RTX	C	0.05%
	ACN	C	0.05%
	TT	A	0.05%
	HON	B	0.05%
	TPX	C	0.05%
	COST	B	0.05%
	AL	B	0.05%
	MA	A	0.05%
	DKNG	B	0.05%
	AN	D	0.05%
	HAS	D	0.05%
	TJX	B	0.05%
	BIRK	F	0.05%
	FICO	A	0.05%
	TREX	C	0.05%
	JCI	B	0.05%
	WMS	F	0.05%
	MCD	D	0.05%
	JWN	B	0.05%
	RKT	D	0.05%
	CHDN	C	0.05%
	TER	D	0.05%
	CMG	B	0.05%
	ETSY	C	0.05%
	KMX	C	0.05%
	PYPL	B	0.05%
	BROS	B	0.05%
	ADTN	B	0.05%
	ADBE	C	0.05%
	SQ	A	0.05%
	NSC	B	0.05%
	MGM	F	0.05%
	HAYW	C	0.05%
	HD	B	0.05%
	ADP	A	0.05%
	TOL	B	0.05%
	WAB	B	0.05%
	PENN	B	0.05%
	WMT	A	0.05%
	GAP	C	0.05%
	IR	A	0.05%
	LPX	A	0.05%
	ETN	A	0.05%
	F	C	0.05%
	DRI	B	0.05%
	SW	C	0.05%
	NVT	B	0.05%
	AMZN	B	0.05%
	AXON	B	0.05%
	AFRM	A	0.05%
	MLM	B	0.05%
	CAT	B	0.05%
	PH	B	0.05%
	DECK	B	0.05%
	FI	A	0.05%
	PARA	C	0.05%
	PWR	B	0.05%
	AXP	B	0.05%
	HWM	B	0.05%
	ULTA	C	0.05%
	MTZ	B	0.05%
	TKO	D	0.05%
	RIVN	F	0.04%
	WING	D	0.04%
	EL	F	0.04%
	EFX	D	0.04%
	BA	F	0.04%
	APTV	F	0.04%
	CROX	F	0.04%
	CNXC	F	0.04%
	SPR	F	0.04%
	COTY	F	0.04%
	SWK	F	0.04%
	XYL	D	0.04%
	MKSI	D	0.04%
	DOW	F	0.04%
	ACHC	F	0.04%
	LMT	D	0.04%
	GD	A	0.04%
	VLTO	D	0.04%
	QS	F	0.04%
	MHK	D	0.04%
	DD	D	0.04%
	CARR	D	0.04%
	LCID	F	0.03%
	CPRI	F	0.03%
	SMCI	F	0.03%

EQAL Underweight 4 Positions Relative to ONEV

	Symbol	Grade	Weight
	FOX	A	-0.18%
	NWS	B	-0.04%
	LBRDA	B	-0.02%
	UA	B	-0.01%

EQAL: Top Represented Industries & Keywords

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

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

ONEV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Packaged Foods Business Services Packaging & Containers Insurance - Property & Casualty Specialty Retail Capital Markets Biotechnology REIT - Residential Building Materials Diagnostics & Research Medical Instruments & Supplies Scientific & Technical Instruments Utilities - Diversified Apparel Manufacturing Asset Management Household & Personal Products REIT - Industrial Specialty Chemicals

Keywords: S&P 500 Electricity Insurance Electronics Nasdaq 100 Natural Gas Chemical Aerospace Mining Real Estate Investment Trust Beverage Telecommunications Insurance Products Plastic Transport Adhesives Biotechnology Metals Plumbing Banking