FNDX vs. ONOF ETF Comparison

Comparison of Schwab Fundamental U.S. Large Company Index ETF (FNDX) to Global X Adaptive U.S. Risk Management ETF (ONOF)

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

$68.41

Average Daily Volume

449,199

Number of Holdings ^*

717

* 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

$32.15

Average Daily Volume

10,467

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	FNDX	ONOF
30 Days	3.86%	-0.44%
60 Days	1.51%	-7.33%
90 Days	3.23%	-3.62%
12 Months	20.88%	8.49%

425 Overlapping Holdings

	Symbol	Grade	Weight in FNDX	Weight in ONOF	Overlap
	A	B	0.06%	0.09%	0.06%
	AAPL	C	4.54%	6.88%	4.54%
	ABBV	B	0.6%	0.72%	0.6%
	ABT	A	0.33%	0.41%	0.33%
	ACGL	B	0.05%	0.08%	0.05%
	ACN	A	0.33%	0.48%	0.33%
	ADBE	B	0.21%	0.53%	0.21%
	ADI	C	0.14%	0.25%	0.14%
	ADM	D	0.23%	0.06%	0.06%
	ADP	B	0.14%	0.24%	0.14%
	ADSK	B	0.03%	0.12%	0.03%
	AEE	A	0.07%	0.04%	0.04%
	AEP	A	0.18%	0.11%	0.11%
	AFL	B	0.22%	0.12%	0.12%
	AIG	D	0.29%	0.11%	0.11%
	AJG	A	0.05%	0.13%	0.05%
	AKAM	D	0.04%	0.03%	0.03%
	ALGN	F	0.02%	0.03%	0.02%
	ALL	B	0.29%	0.1%	0.1%
	AMAT	F	0.26%	0.34%	0.26%
	AMCR	B	0.02%	0.03%	0.02%
	AMD	F	0.09%	0.49%	0.09%
	AME	D	0.05%	0.08%	0.05%
	AMGN	C	0.48%	0.37%	0.37%
	AMP	B	0.12%	0.09%	0.09%
	AMT	A	0.14%	0.22%	0.14%
	AMZN	D	1.28%	3.45%	1.28%
	ANET	D	0.03%	0.17%	0.03%
	ANSS	D	0.02%	0.06%	0.02%
	AON	A	0.12%	0.14%	0.12%
	APD	B	0.11%	0.13%	0.11%
	APH	D	0.09%	0.17%	0.09%
	APO	D	0.03%	0.1%	0.03%
	APTV	D	0.04%	0.04%	0.04%
	ARE	D	0.03%	0.04%	0.03%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.05%	0.07%	0.05%
	AVGO	D	0.65%	1.54%	0.65%
	AVTR	B	0.03%	0.03%	0.03%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.05%	0.06%	0.05%
	AXP	B	0.37%	0.31%	0.31%
	AZO	B	0.06%	0.11%	0.06%
	BA	F	0.15%	0.21%	0.15%
	BAC	D	1.25%	0.58%	0.58%
	BAH	B	0.04%	0.04%	0.04%
	BALL	A	0.06%	0.04%	0.04%
	BAX	A	0.08%	0.04%	0.04%
	BBY	A	0.17%	0.04%	0.04%
	BDX	D	0.11%	0.15%	0.11%
	BG	D	0.11%	0.03%	0.03%
	BIIB	D	0.11%	0.06%	0.06%
	BK	B	0.25%	0.11%	0.11%
	BKNG	C	0.2%	0.28%	0.2%
	BKR	D	0.14%	0.07%	0.07%
	BLDR	C	0.04%	0.04%	0.04%
	BLK	B	0.25%	0.28%	0.25%
	BMY	B	0.35%	0.21%	0.21%
	BR	C	0.04%	0.05%	0.04%
	BRK.A	B	2.33%	1.28%	1.28%
	BRO	A	0.03%	0.05%	0.03%
	BSX	A	0.09%	0.25%	0.09%
	BX	B	0.11%	0.21%	0.11%
	BXP	A	0.05%	0.02%	0.02%
	C	D	1.11%	0.24%	0.24%
	CAG	A	0.07%	0.03%	0.03%
	CAH	A	0.07%	0.06%	0.06%
	CARR	B	0.12%	0.12%	0.12%
	CAT	C	0.4%	0.36%	0.36%
	CB	A	0.28%	0.24%	0.24%
	CBOE	A	0.02%	0.04%	0.02%
	CBRE	B	0.12%	0.07%	0.07%
	CCI	A	0.1%	0.1%	0.1%
	CCL	D	0.05%	0.03%	0.03%
	CDNS	D	0.03%	0.15%	0.03%
	CDW	D	0.06%	0.06%	0.06%
	CE	F	0.06%	0.03%	0.03%
	CEG	D	0.1%	0.13%	0.1%
	CF	B	0.06%	0.03%	0.03%
	CFG	B	0.11%	0.04%	0.04%
	CHD	A	0.04%	0.05%	0.04%
	CHTR	C	0.33%	0.07%	0.07%
	CI	B	0.54%	0.21%	0.21%
	CINF	B	0.07%	0.04%	0.04%
	CL	A	0.16%	0.18%	0.16%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	C	0.76%	0.32%	0.32%
	CME	A	0.08%	0.16%	0.08%
	CMG	D	0.04%	0.16%	0.04%
	CMI	B	0.17%	0.09%	0.09%
	CMS	A	0.06%	0.04%	0.04%
	CNC	D	0.26%	0.09%	0.09%
	CNP	D	0.06%	0.04%	0.04%
	COF	C	0.4%	0.11%	0.11%
	COP	D	0.45%	0.28%	0.28%
	COST	B	0.71%	0.82%	0.71%
	CPAY	B	0.05%	0.04%	0.04%
	CPB	A	0.04%	0.02%	0.02%
	CPRT	D	0.02%	0.09%	0.02%
	CRM	D	0.12%	0.5%	0.12%
	CSCO	B	0.73%	0.42%	0.42%
	CSL	C	0.05%	0.04%	0.04%
	CSX	D	0.21%	0.14%	0.14%
	CTAS	B	0.09%	0.14%	0.09%
	CTRA	F	0.02%	0.04%	0.02%
	CTSH	B	0.18%	0.08%	0.08%
	CTVA	B	0.09%	0.08%	0.08%
	CVS	F	0.67%	0.15%	0.15%
	CVX	F	1.11%	0.52%	0.52%
	D	A	0.18%	0.1%	0.1%
	DAL	D	0.02%	0.06%	0.02%
	DD	C	0.18%	0.07%	0.07%
	DE	B	0.21%	0.2%	0.2%
	DECK	C	0.03%	0.05%	0.03%
	DELL	F	0.01%	0.06%	0.01%
	DFS	C	0.22%	0.07%	0.07%
	DG	F	0.12%	0.04%	0.04%
	DGX	B	0.07%	0.04%	0.04%
	DHI	B	0.19%	0.12%	0.12%
	DHR	B	0.16%	0.37%	0.16%
	DIS	F	0.37%	0.34%	0.34%
	DLR	D	0.07%	0.1%	0.07%
	DLTR	F	0.06%	0.03%	0.03%
	DOC	B	0.04%	0.03%	0.03%
	DOV	C	0.06%	0.05%	0.05%
	DOW	D	0.21%	0.08%	0.08%
	DOX	C	0.04%	0.02%	0.02%
	DRI	A	0.05%	0.04%	0.04%
	DTE	B	0.08%	0.05%	0.05%
	DUK	A	0.33%	0.18%	0.18%
	DVN	F	0.09%	0.06%	0.06%
	EA	C	0.08%	0.08%	0.08%
	EBAY	A	0.18%	0.06%	0.06%
	ECL	B	0.09%	0.13%	0.09%
	ED	A	0.13%	0.07%	0.07%
	EFX	B	0.04%	0.08%	0.04%
	EG	B	0.03%	0.03%	0.03%
	EIX	A	0.11%	0.07%	0.07%
	EL	F	0.04%	0.04%	0.04%
	ELV	B	0.51%	0.27%	0.27%
	EMR	D	0.15%	0.12%	0.12%
	EOG	D	0.22%	0.15%	0.15%
	EQIX	B	0.08%	0.16%	0.08%
	EQR	B	0.06%	0.05%	0.05%
	EQT	D	0.03%	0.03%	0.03%
	ES	A	0.09%	0.05%	0.05%
	ESS	B	0.03%	0.04%	0.03%
	ETN	D	0.2%	0.25%	0.2%
	ETR	A	0.1%	0.05%	0.05%
	EVRG	A	0.07%	0.03%	0.03%
	EW	F	0.04%	0.09%	0.04%
	EXC	A	0.17%	0.08%	0.08%
	EXPD	D	0.02%	0.04%	0.02%
	EXPE	C	0.03%	0.04%	0.03%
	EXR	B	0.04%	0.08%	0.04%
	F	D	0.32%	0.09%	0.09%
	FANG	D	0.05%	0.07%	0.05%
	FAST	D	0.06%	0.08%	0.06%
	FCNCA	C	0.02%	0.05%	0.02%
	FCX	D	0.14%	0.13%	0.13%
	FDX	D	0.33%	0.14%	0.14%
	FE	A	0.1%	0.05%	0.05%
	FIS	A	0.13%	0.09%	0.09%
	FITB	B	0.13%	0.06%	0.06%
	FOXA	B	0.09%	0.02%	0.02%
	FSLR	C	0.02%	0.05%	0.02%
	FTNT	B	0.03%	0.1%	0.03%
	FTV	D	0.03%	0.05%	0.03%
	GD	B	0.23%	0.14%	0.14%
	GDDY	C	0.03%	0.05%	0.03%
	GE	C	0.18%	0.4%	0.18%
	GEHC	B	0.07%	0.07%	0.07%
	GEV	A	0.04%	0.11%	0.04%
	GILD	A	0.33%	0.2%	0.2%
	GIS	A	0.13%	0.08%	0.08%
	GLW	C	0.14%	0.07%	0.07%
	GM	B	0.73%	0.12%	0.12%
	GOOG	D	1.11%	1.8%	1.11%
	GOOGL	D	1.27%	2.0%	1.27%
	GPC	D	0.06%	0.04%	0.04%
	GPN	C	0.08%	0.06%	0.06%
	GRMN	B	0.04%	0.06%	0.04%
	GS	C	0.59%	0.34%	0.34%
	GWW	C	0.07%	0.08%	0.07%
	HAL	F	0.06%	0.06%	0.06%
	HBAN	B	0.07%	0.04%	0.04%
	HCA	B	0.25%	0.16%	0.16%
	HD	B	0.77%	0.76%	0.76%
	HES	F	0.05%	0.08%	0.05%
	HIG	B	0.15%	0.07%	0.07%
	HLT	C	0.06%	0.11%	0.06%
	HOLX	A	0.04%	0.04%	0.04%
	HON	D	0.34%	0.28%	0.28%
	HPE	D	0.2%	0.05%	0.05%
	HPQ	D	0.21%	0.07%	0.07%
	HRL	A	0.03%	0.02%	0.02%
	HSY	A	0.04%	0.06%	0.04%
	HUBB	C	0.03%	0.04%	0.03%
	HUM	D	0.22%	0.09%	0.09%
	HWM	B	0.07%	0.08%	0.07%
	IBM	A	0.57%	0.39%	0.39%
	ICE	A	0.13%	0.19%	0.13%
	IDXX	D	0.02%	0.08%	0.02%
	IEX	D	0.02%	0.03%	0.02%
	IFF	A	0.06%	0.05%	0.05%
	ILMN	B	0.03%	0.04%	0.03%
	INTC	F	0.6%	0.19%	0.19%
	INTU	D	0.1%	0.36%	0.1%
	INVH	B	0.03%	0.04%	0.03%
	IQV	B	0.09%	0.09%	0.09%
	IR	D	0.03%	0.08%	0.03%
	IRM	B	0.07%	0.07%	0.07%
	ISRG	B	0.08%	0.36%	0.08%
	IT	B	0.03%	0.08%	0.03%
	ITW	C	0.14%	0.16%	0.14%
	J	C	0.06%	0.04%	0.04%
	JBHT	C	0.04%	0.03%	0.03%
	JBL	F	0.05%	0.02%	0.02%
	JCI	C	0.15%	0.1%	0.1%
	JNJ	B	0.99%	0.83%	0.83%
	JPM	B	2.06%	1.34%	1.34%
	K	A	0.07%	0.04%	0.04%
	KDP	A	0.08%	0.08%	0.08%
	KEYS	C	0.03%	0.06%	0.03%
	KHC	A	0.11%	0.06%	0.06%
	KKR	B	0.11%	0.17%	0.11%
	KLAC	D	0.1%	0.23%	0.1%
	KMB	A	0.11%	0.1%	0.1%
	KMI	B	0.19%	0.09%	0.09%
	KO	B	0.43%	0.59%	0.43%
	KR	C	0.28%	0.07%	0.07%
	KVUE	A	0.03%	0.09%	0.03%
	L	B	0.05%	0.03%	0.03%
	LDOS	B	0.08%	0.04%	0.04%
	LEN	B	0.19%	0.09%	0.09%
	LEN	B	0.19%	0.0%	0.0%
	LHX	C	0.16%	0.09%	0.09%
	LII	C	0.03%	0.04%	0.03%
	LIN	B	0.35%	0.48%	0.35%
	LLY	B	0.27%	1.7%	0.27%
	LMT	A	0.39%	0.28%	0.28%
	LNG	B	0.05%	0.09%	0.05%
	LNT	A	0.04%	0.03%	0.03%
	LOW	B	0.41%	0.3%	0.3%
	LPLA	D	0.03%	0.03%	0.03%
	LRCX	F	0.17%	0.22%	0.17%
	LULU	F	0.02%	0.06%	0.02%
	LUV	A	0.02%	0.04%	0.02%
	LVS	D	0.03%	0.03%	0.03%
	LYB	D	0.16%	0.05%	0.05%
	MA	B	0.27%	0.83%	0.27%
	MAA	B	0.04%	0.04%	0.04%
	MAR	D	0.08%	0.12%	0.08%
	MCD	A	0.33%	0.44%	0.33%
	MCHP	D	0.06%	0.09%	0.06%
	MCK	D	0.1%	0.15%	0.1%
	MCO	B	0.08%	0.16%	0.08%
	MDLZ	A	0.22%	0.2%	0.2%
	MDT	A	0.27%	0.24%	0.24%
	MET	B	0.26%	0.1%	0.1%
	META	C	1.8%	2.39%	1.8%
	MGM	F	0.05%	0.02%	0.02%
	MKC	A	0.04%	0.04%	0.04%
	MKL	C	0.05%	0.04%	0.04%
	MLM	D	0.04%	0.07%	0.04%
	MMC	A	0.15%	0.23%	0.15%
	MMM	B	0.4%	0.15%	0.15%
	MNST	D	0.04%	0.07%	0.04%
	MO	A	0.39%	0.19%	0.19%
	MOH	C	0.05%	0.04%	0.04%
	MPC	D	0.43%	0.13%	0.13%
	MRK	D	0.51%	0.63%	0.51%
	MRNA	F	0.04%	0.05%	0.04%
	MRO	C	0.08%	0.03%	0.03%
	MRVL	D	0.03%	0.14%	0.03%
	MS	C	0.37%	0.27%	0.27%
	MSCI	B	0.03%	0.09%	0.03%
	MSFT	D	2.42%	6.38%	2.42%
	MSI	B	0.06%	0.15%	0.06%
	MTB	B	0.1%	0.06%	0.06%
	MTD	C	0.04%	0.06%	0.04%
	MU	F	0.38%	0.22%	0.22%
	NDAQ	A	0.03%	0.06%	0.03%
	NDSN	C	0.02%	0.03%	0.02%
	NEE	A	0.27%	0.34%	0.27%
	NEM	B	0.19%	0.13%	0.13%
	NFLX	B	0.15%	0.62%	0.15%
	NKE	C	0.19%	0.21%	0.19%
	NOC	B	0.21%	0.16%	0.16%
	NOW	B	0.01%	0.36%	0.01%
	NSC	B	0.2%	0.12%	0.12%
	NTAP	D	0.09%	0.05%	0.05%
	NTRS	B	0.07%	0.04%	0.04%
	NUE	F	0.18%	0.08%	0.08%
	NVDA	D	0.4%	5.88%	0.4%
	NVR	B	0.08%	0.06%	0.06%
	O	A	0.04%	0.11%	0.04%
	ODFL	D	0.05%	0.08%	0.05%
	OKE	A	0.12%	0.11%	0.11%
	OMC	B	0.08%	0.04%	0.04%
	ON	D	0.04%	0.07%	0.04%
	ORCL	A	0.4%	0.46%	0.4%
	ORLY	B	0.1%	0.14%	0.1%
	OTIS	D	0.05%	0.08%	0.05%
	OXY	F	0.12%	0.08%	0.08%
	PANW	B	0.03%	0.24%	0.03%
	PAYX	B	0.06%	0.09%	0.06%
	PCAR	D	0.13%	0.1%	0.1%
	PCG	A	0.03%	0.09%	0.03%
	PEG	B	0.11%	0.08%	0.08%
	PEP	A	0.44%	0.5%	0.44%
	PFE	D	0.73%	0.34%	0.34%
	PFG	D	0.08%	0.04%	0.04%
	PG	A	0.81%	0.84%	0.81%
	PGR	A	0.25%	0.31%	0.25%
	PH	B	0.12%	0.16%	0.12%
	PHM	B	0.12%	0.06%	0.06%
	PLD	B	0.08%	0.25%	0.08%
	PM	A	0.5%	0.4%	0.4%
	PNC	B	0.29%	0.15%	0.15%
	PPG	D	0.08%	0.06%	0.06%
	PPL	A	0.11%	0.05%	0.05%
	PRU	C	0.23%	0.09%	0.09%
	PSA	A	0.06%	0.11%	0.06%
	PSX	D	0.38%	0.12%	0.12%
	PWR	C	0.06%	0.08%	0.06%
	PYPL	B	0.19%	0.16%	0.16%
	QCOM	F	0.48%	0.41%	0.41%
	REGN	B	0.16%	0.26%	0.16%
	RF	B	0.08%	0.04%	0.04%
	RJF	D	0.04%	0.05%	0.04%
	RMD	A	0.04%	0.07%	0.04%
	ROK	D	0.05%	0.06%	0.05%
	ROP	C	0.05%	0.12%	0.05%
	ROST	B	0.08%	0.1%	0.08%
	RS	D	0.08%	0.03%	0.03%
	RSG	B	0.07%	0.09%	0.07%
	RTX	B	0.37%	0.34%	0.34%
	SBAC	A	0.02%	0.05%	0.02%
	SBUX	B	0.26%	0.22%	0.22%
	SCHW	D	0.1%	0.2%	0.1%
	SHW	B	0.09%	0.18%	0.09%
	SLB	F	0.12%	0.13%	0.12%
	SNPS	D	0.03%	0.16%	0.03%
	SO	A	0.27%	0.2%	0.2%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	A	0.15%	0.33%	0.15%
	SQ	D	0.02%	0.08%	0.02%
	SRE	B	0.12%	0.11%	0.11%
	SSNC	B	0.04%	0.03%	0.03%
	STE	A	0.03%	0.05%	0.03%
	STLD	D	0.09%	0.04%	0.04%
	STT	B	0.1%	0.05%	0.05%
	STX	D	0.1%	0.04%	0.04%
	STZ	B	0.07%	0.08%	0.07%
	SUI	A	0.02%	0.03%	0.02%
	SW	D	0.11%	0.05%	0.05%
	SWK	B	0.08%	0.03%	0.03%
	SWKS	D	0.05%	0.04%	0.04%
	SYF	C	0.29%	0.04%	0.04%
	SYK	A	0.12%	0.24%	0.12%
	SYY	A	0.1%	0.08%	0.08%
	T	A	1.25%	0.3%	0.3%
	TDG	B	0.08%	0.16%	0.08%
	TDY	B	0.02%	0.04%	0.02%
	TEL	C	0.11%	0.1%	0.1%
	TER	D	0.05%	0.04%	0.04%
	TFC	B	0.23%	0.12%	0.12%
	TGT	B	0.39%	0.15%	0.15%
	TJX	B	0.24%	0.28%	0.24%
	TMO	A	0.29%	0.49%	0.29%
	TMUS	B	0.23%	0.2%	0.2%
	TRGP	A	0.06%	0.07%	0.06%
	TRMB	D	0.03%	0.03%	0.03%
	TROW	D	0.12%	0.05%	0.05%
	TRU	B	0.03%	0.04%	0.03%
	TRV	A	0.28%	0.11%	0.11%
	TSCO	B	0.06%	0.06%	0.06%
	TSLA	D	0.16%	1.23%	0.16%
	TSN	A	0.21%	0.04%	0.04%
	TT	B	0.09%	0.17%	0.09%
	TTWO	B	0.03%	0.05%	0.03%
	TXN	C	0.36%	0.4%	0.36%
	UBER	B	0.04%	0.31%	0.04%
	ULTA	D	0.03%	0.04%	0.03%
	UNH	A	1.24%	1.13%	1.13%
	UNP	B	0.4%	0.32%	0.32%
	UPS	F	0.25%	0.19%	0.19%
	URI	C	0.12%	0.1%	0.1%
	USB	B	0.31%	0.15%	0.15%
	V	A	0.32%	0.91%	0.32%
	VICI	A	0.02%	0.07%	0.02%
	VLO	D	0.4%	0.1%	0.1%
	VMC	D	0.04%	0.07%	0.04%
	VRSK	C	0.04%	0.08%	0.04%
	VRSN	C	0.01%	0.03%	0.01%
	VRTX	D	0.08%	0.27%	0.08%
	VST	C	0.12%	0.06%	0.06%
	VTR	A	0.08%	0.05%	0.05%
	VTRS	C	0.1%	0.03%	0.03%
	VZ	B	1.23%	0.37%	0.37%
	WAB	B	0.06%	0.06%	0.06%
	WAT	B	0.04%	0.04%	0.04%
	WBD	D	0.06%	0.04%	0.04%
	WDC	D	0.13%	0.04%	0.04%
	WEC	A	0.08%	0.06%	0.06%
	WELL	A	0.1%	0.15%	0.1%
	WFC	D	1.17%	0.42%	0.42%
	WLK	D	0.02%	0.01%	0.01%
	WM	D	0.15%	0.18%	0.15%
	WMB	B	0.15%	0.12%	0.12%
	WMT	A	1.43%	0.7%	0.7%
	WRB	B	0.04%	0.04%	0.04%
	WSM	D	0.05%	0.03%	0.03%
	WSO	D	0.03%	0.03%	0.03%
	WST	D	0.02%	0.05%	0.02%
	WTW	A	0.07%	0.06%	0.06%
	WY	C	0.09%	0.05%	0.05%
	XEL	A	0.11%	0.07%	0.07%
	XOM	C	1.99%	1.1%	1.1%
	XYL	D	0.04%	0.07%	0.04%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	D	0.05%	0.05%	0.05%
	ZBRA	C	0.04%	0.04%	0.04%
	ZTS	A	0.08%	0.18%	0.08%

FNDX Overweight 293 Positions Relative to ONOF

	Symbol	Grade	Weight
	LUMN	B	0.5%
	IP	B	0.15%
	WBA	F	0.14%
	ALLY	C	0.13%
	NRG	C	0.11%
	UHS	B	0.11%
	PARA	F	0.1%
	KEY	B	0.1%
	ARW	B	0.09%
	JLL	B	0.09%
	CHRW	B	0.08%
	X	F	0.08%
	AVT	C	0.08%
	EMN	C	0.08%
	THC	B	0.08%
	NXPI	D	0.08%
	R	C	0.07%
	FNF	B	0.07%
	PKG	B	0.07%
	KSS	F	0.07%
	WHR	D	0.07%
	USFD	B	0.07%
	OGN	C	0.07%
	KMX	C	0.07%
	MHK	B	0.07%
	TOL	B	0.06%
	OMF	D	0.06%
	MAS	B	0.06%
	SJM	A	0.06%
	LAD	C	0.06%
	FLEX	C	0.06%
	OC	D	0.06%
	LNC	C	0.06%
	CMA	B	0.06%
	LEA	F	0.06%
	AES	D	0.06%
	MOS	F	0.06%
	VFC	B	0.06%
	TXT	D	0.06%
	DVA	B	0.06%
	INGR	A	0.05%
	MUSA	B	0.05%
	TDS	B	0.05%
	IVZ	C	0.05%
	TAP	C	0.05%
	AA	F	0.05%
	SFM	B	0.05%
	UGI	C	0.05%
	HII	B	0.05%
	ORI	B	0.05%
	EQH	C	0.05%
	KD	D	0.05%
	GPI	B	0.05%
	DXC	A	0.05%
	UNM	B	0.05%
	BWA	D	0.05%
	OVV	F	0.05%
	LSXMK	C	0.05%
	DINO	F	0.05%
	MAN	D	0.05%
	QRVO	D	0.05%
	DKS	C	0.05%
	CASY	C	0.05%
	PFGC	B	0.05%
	LKQ	D	0.05%
	JEF	B	0.05%
	ZION	C	0.05%
	AN	C	0.05%
	EME	C	0.05%
	M	F	0.05%
	JNPR	A	0.05%
	HAS	B	0.04%
	BCC	C	0.04%
	AMG	C	0.04%
	AYI	C	0.04%
	BAP	B	0.04%
	MTH	B	0.04%
	APA	F	0.04%
	DPZ	D	0.04%
	OSK	D	0.04%
	TPR	B	0.04%
	SLM	D	0.04%
	TMHC	B	0.04%
	WU	C	0.04%
	CCK	A	0.04%
	HST	D	0.04%
	CNO	B	0.04%
	BEN	F	0.04%
	KNX	D	0.04%
	FL	D	0.04%
	JXN	C	0.04%
	IPG	B	0.04%
	PVH	F	0.04%
	EVR	B	0.04%
	THO	C	0.04%
	FAF	A	0.04%
	HSIC	C	0.04%
	BERY	B	0.04%
	RGA	B	0.04%
	NWSA	C	0.04%
	VNO	B	0.04%
	PNW	A	0.04%
	ACM	B	0.04%
	SNA	D	0.04%
	NI	A	0.04%
	ZIM	D	0.04%
	AFG	A	0.04%
	ALSN	B	0.04%
	VOYA	B	0.03%
	SAIC	B	0.03%
	SEE	D	0.03%
	ABG	D	0.03%
	NSIT	C	0.03%
	AOS	D	0.03%
	SKX	B	0.03%
	ABM	C	0.03%
	SCI	B	0.03%
	ITT	C	0.03%
	SNV	C	0.03%
	ALV	D	0.03%
	MTG	B	0.03%
	CG	D	0.03%
	HOG	B	0.03%
	SON	A	0.03%
	CW	B	0.03%
	NWL	A	0.03%
	CIEN	B	0.03%
	BC	D	0.03%
	SNX	D	0.03%
	SWN	F	0.03%
	RL	A	0.03%
	BBWI	F	0.03%
	JHG	B	0.03%
	EWBC	C	0.03%
	GNTX	D	0.03%
	AER	C	0.03%
	AGCO	F	0.03%
	AIZ	B	0.03%
	FLR	C	0.03%
	BPOP	B	0.03%
	PBF	F	0.03%
	CHKP	B	0.03%
	FHN	C	0.03%
	ARMK	A	0.03%
	SLG	B	0.03%
	CMC	D	0.03%
	FFIV	B	0.03%
	OLN	F	0.03%
	FMC	C	0.03%
	AAP	F	0.03%
	RRX	D	0.03%
	KIM	A	0.03%
	MLI	B	0.03%
	OGE	B	0.03%
	CRBG	C	0.03%
	MTZ	C	0.03%
	FYBR	A	0.03%
	TPH	B	0.03%
	CLF	F	0.03%
	GL	B	0.03%
	GNW	B	0.03%
	KBH	B	0.03%
	HBI	B	0.03%
	BURL	B	0.03%
	GT	F	0.03%
	CCEP	A	0.03%
	RHI	D	0.03%
	WCC	D	0.03%
	NXST	D	0.03%
	SANM	D	0.03%
	CACI	B	0.03%
	GPK	B	0.03%
	RPM	A	0.03%
	PNR	B	0.03%
	CNH	C	0.03%
	UFPI	D	0.03%
	HUN	D	0.03%
	SOLV	B	0.03%
	LPX	B	0.03%
	EPAM	C	0.02%
	AEO	D	0.02%
	ADNT	F	0.02%
	ODP	F	0.02%
	UNFI	A	0.02%
	LEG	D	0.02%
	CNX	B	0.02%
	CZR	D	0.02%
	GXO	D	0.02%
	MPW	C	0.02%
	OI	C	0.02%
	XRAY	D	0.02%
	DAN	F	0.02%
	CYH	A	0.02%
	FLO	A	0.02%
	WERN	D	0.02%
	CHK	F	0.02%
	MIDD	D	0.02%
	PENN	F	0.02%
	ICLR	D	0.02%
	FTI	D	0.02%
	CRI	C	0.02%
	TGNA	D	0.02%
	ALLE	B	0.02%
	BECN	D	0.02%
	LECO	F	0.02%
	JWN	A	0.02%
	HUBG	B	0.02%
	POR	B	0.02%
	PRGO	C	0.02%
	MKSI	F	0.02%
	TKR	D	0.02%
	CAR	F	0.02%
	GGG	D	0.02%
	ASO	C	0.02%
	CC	F	0.02%
	ALB	F	0.02%
	UHAL	B	0.02%
	AL	D	0.02%
	REZI	D	0.02%
	NFG	B	0.02%
	TPX	D	0.02%
	SM	D	0.02%
	ACI	D	0.02%
	WPC	A	0.02%
	ASGN	D	0.02%
	TTC	D	0.02%
	NVT	F	0.02%
	POOL	C	0.02%
	KBR	C	0.02%
	GNRC	C	0.02%
	GLPI	A	0.02%
	RUSHA	C	0.02%
	HRB	B	0.02%
	MUR	F	0.02%
	DAR	D	0.02%
	DCI	C	0.02%
	AR	F	0.02%
	NAVI	C	0.02%
	XRX	D	0.02%
	TFX	A	0.02%
	ATR	A	0.02%
	EXP	B	0.02%
	MDU	D	0.02%
	JKHY	B	0.02%
	STWD	C	0.02%
	POST	B	0.02%
	BTU	D	0.02%
	AXTA	C	0.02%
	PAG	C	0.02%
	BJ	D	0.02%
	CTLT	A	0.02%
	CPRI	C	0.02%
	LAMR	B	0.02%
	ST	D	0.02%
	SEIC	D	0.02%
	THG	A	0.02%
	CPT	B	0.02%
	EHC	B	0.02%
	PRI	B	0.02%
	UDR	B	0.02%
	BRX	A	0.02%
	QRTEA	F	0.02%
	REG	A	0.02%
	G	B	0.02%
	NOV	F	0.02%
	LSTR	D	0.02%
	PII	D	0.02%
	PK	D	0.02%
	ALK	D	0.01%
	HTZ	F	0.01%
	CNXC	C	0.01%
	COHR	C	0.01%
	MATX	C	0.01%
	DBX	D	0.01%
	ANDE	D	0.01%
	VSH	F	0.01%
	CRL	F	0.01%
	MSM	D	0.01%
	WTRG	D	0.01%
	ARCH	F	0.01%
	DK	F	0.01%
	LW	D	0.01%
	JAZZ	D	0.01%
	CHE	C	0.01%
	VAC	F	0.01%
	TNL	D	0.01%
	MMS	C	0.01%
	MTN	C	0.01%
	LILAK	D	0.01%
	SPTN	A	0.01%
	BLD	D	0.01%
	BIG	F	0.0%
	AAL	C	0.0%

FNDX Underweight 70 Positions Relative to ONOF

	Symbol	Grade	Weight
	MELI	B	-0.2%
	PLTR	B	-0.13%
	CRWD	F	-0.13%
	WDAY	C	-0.11%
	TTD	B	-0.1%
	SPOT	C	-0.1%
	ABNB	F	-0.1%
	DASH	B	-0.09%
	FICO	A	-0.09%
	MPWR	C	-0.09%
	RCL	C	-0.08%
	FLUT	A	-0.08%
	VEEV	A	-0.07%
	ALNY	C	-0.07%
	SNOW	F	-0.07%
	COIN	F	-0.07%
	ARES	C	-0.06%
	DXCM	F	-0.06%
	VRT	F	-0.06%
	DDOG	D	-0.06%
	CSGP	C	-0.06%
	SMCI	F	-0.05%
	CPNG	B	-0.05%
	HUBS	F	-0.05%
	NET	F	-0.05%
	TYL	A	-0.05%
	VLTO	B	-0.05%
	AXON	B	-0.05%
	TEAM	F	-0.05%
	ENTG	D	-0.04%
	APP	B	-0.04%
	ZM	B	-0.04%
	ZS	F	-0.04%
	PINS	F	-0.04%
	MDB	C	-0.04%
	MSTR	F	-0.04%
	PTC	D	-0.04%
	RBLX	B	-0.04%
	OKTA	F	-0.03%
	ERIE	A	-0.03%
	IBKR	B	-0.03%
	TW	B	-0.03%
	LYV	D	-0.03%
	UAL	C	-0.03%
	CVNA	C	-0.03%
	ROL	B	-0.03%
	HEI	B	-0.03%
	PSTG	F	-0.03%
	DKNG	D	-0.03%
	ENPH	D	-0.03%
	FDS	C	-0.03%
	BMRN	D	-0.03%
	IOT	A	-0.02%
	BSY	D	-0.02%
	TKO	B	-0.02%
	OWL	D	-0.02%
	SCCO	D	-0.02%
	SNAP	F	-0.02%
	HOOD	D	-0.02%
	HEI	B	-0.02%
	RPRX	B	-0.02%
	INCY	C	-0.02%
	GFS	F	-0.01%
	WMG	F	-0.01%
	FOX	B	-0.01%
	CELH	F	-0.01%
	SIRI	F	-0.0%
	EDR	A	-0.0%
	AGR	B	-0.0%
	RKT	B	-0.0%

FNDX: Top Represented Industries & Keywords

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

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

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Asset Management Capital Markets Software - Infrastructure Specialty Retail Diagnostics & Research 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 Insurance Electricity Dow Jones Component Electronics Aerospace Semiconductor Telecommunications Bank Cloud Computing Medicine Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust