HDG vs. ONEQ ETF Comparison

Comparison of ProShares Hedge Replication ETF (HDG) to Fidelity Nasdaq Composite Index Tracking Stock (ONEQ)

HDG

ProShares Hedge Replication ETF

HDG Description

The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.03

Average Daily Volume

1,709

Number of Holdings ^*

1746

* may have additional holdings in another (foreign) market

ONEQ

Fidelity Nasdaq Composite Index Tracking Stock

ONEQ Description

ONEQ tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. The funds underlying index comprises all domestic and international companies listed in Nasdaq. ONEQs portfolio may favor technology firms, which in the past have dominated the Nasdaq market. This is at the expense of energy, industrials, financials and other industries. Its heavy weightings to large-cap firms may increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ uses a sampling strategy to track its index, which is reconstituted and rebalanced daily.

Grade (RS Rating)

Last Trade

$74.83

Average Daily Volume

235,412

Number of Holdings ^*

840

* may have additional holdings in another (foreign) market

Performance

Period	HDG	ONEQ
30 Days	-0.08%	1.69%
60 Days	0.78%	4.52%
90 Days	1.91%	5.74%
12 Months	8.44%	33.83%

449 Overlapping Holdings

Symbol	Grade	Weight in HDG	Weight in ONEQ	Overlap
ACAD	C	0.01%	0.01%	0.01%
ACIW	B	0.03%	0.02%	0.02%
ACLS	F	0.02%	0.01%	0.01%
ACLX	C	0.02%	0.02%	0.02%
ACT	D	0.01%	0.02%	0.01%
ACVA	A	0.02%	0.01%	0.01%
ADMA	C	0.02%	0.01%	0.01%
ADUS	D	0.01%	0.01%	0.01%
AEIS	B	0.02%	0.02%	0.02%
AGIO	C	0.02%	0.01%	0.01%
AGYS	A	0.01%	0.01%	0.01%
AHCO	F	0.01%	0.01%	0.01%
AKRO	C	0.01%	0.01%	0.01%
ALHC	C	0.01%	0.01%	0.01%
ALKS	C	0.03%	0.02%	0.02%
ALKT	B	0.01%	0.02%	0.01%
ALRM	C	0.02%	0.01%	0.01%
ALTR	B	0.03%	0.02%	0.02%
AMBA	B	0.01%	0.01%	0.01%
AMPH	F	0.01%	0.01%	0.01%
AMRK	F	0.0%	0.01%	0.0%
AMRX	C	0.01%	0.01%	0.01%
AMSF	B	0.01%	0.01%	0.01%
AMWD	B	0.01%	0.01%	0.01%
ANDE	C	0.01%	0.01%	0.01%
ANIP	D	0.01%	0.01%	0.01%
AOSL	D	0.0%	0.01%	0.0%
APOG	B	0.01%	0.01%	0.01%
APPN	C	0.01%	0.01%	0.01%
ARCB	C	0.02%	0.01%	0.01%
ARDX	F	0.01%	0.01%	0.01%
ARVN	D	0.01%	0.01%	0.01%
ARWR	D	0.01%	0.01%	0.01%
ASO	F	0.02%	0.02%	0.02%
ASTE	C	0.0%	0.01%	0.0%
ASTH	F	0.01%	0.01%	0.01%
ATEX	F	0.0%	0.01%	0.0%
ATRC	C	0.01%	0.01%	0.01%
ATSG	A	0.01%	0.01%	0.01%
AUPH	C	0.01%	0.01%	0.01%
AUR	C	0.03%	0.02%	0.02%
AVAH	B	0.0%	0.01%	0.0%
AVAV	C	0.03%	0.02%	0.02%
AVO	B	0.0%	0.01%	0.0%
AXNX	A	0.02%	0.01%	0.01%
AXSM	B	0.02%	0.02%	0.02%
BANF	B	0.01%	0.02%	0.01%
BANR	A	0.01%	0.01%	0.01%
BASE	C	0.0%	0.01%	0.0%
BBIO	F	0.02%	0.02%	0.02%
BCBP	A	0.0%	0.01%	0.0%
BCPC	B	0.03%	0.02%	0.02%
BCRX	D	0.01%	0.01%	0.01%
BEAM	D	0.01%	0.01%	0.01%
BECN	A	0.04%	0.02%	0.02%
BGC	B	0.02%	0.02%	0.02%
BL	C	0.02%	0.01%	0.01%
BLBD	F	0.01%	0.01%	0.01%
BLKB	C	0.02%	0.02%	0.02%
BLMN	F	0.01%	0.01%	0.01%
BMBL	C	0.0%	0.01%	0.0%
BPMC	C	0.03%	0.02%	0.02%
BRZE	C	0.01%	0.01%	0.01%
BUSE	B	0.01%	0.01%	0.01%
BVS	D	0.0%	0.01%	0.0%
CAKE	B	0.01%	0.01%	0.01%
CALM	A	0.02%	0.02%	0.02%
CARG	A	0.02%	0.01%	0.01%
CASH	B	0.01%	0.01%	0.01%
CATY	A	0.02%	0.02%	0.02%
CBRL	C	0.01%	0.01%	0.01%
CCOI	B	0.02%	0.02%	0.02%
CDNA	D	0.01%	0.01%	0.01%
CENTA	C	0.01%	0.01%	0.01%
CENX	B	0.01%	0.01%	0.01%
CEVA	B	0.0%	0.01%	0.0%
CGON	D	0.01%	0.01%	0.01%
CHCO	B	0.01%	0.01%	0.01%
CHEF	C	0.01%	0.01%	0.01%
CHX	C	0.03%	0.02%	0.02%
CIFR	C	0.01%	0.01%	0.01%
CLBK	B	0.0%	0.01%	0.0%
CLDX	F	0.01%	0.01%	0.01%
CLSK	C	0.02%	0.01%	0.01%
CMCO	C	0.01%	0.01%	0.01%
CMPR	F	0.01%	0.01%	0.01%
CNDT	C	0.0%	0.01%	0.0%
CNSL	B	0.0%	0.01%	0.0%
CNXN	D	0.0%	0.01%	0.0%
COGT	D	0.01%	0.01%	0.01%
COHU	D	0.01%	0.01%	0.01%
COLL	F	0.01%	0.01%	0.01%
COOP	B	0.03%	0.02%	0.02%
CORT	C	0.02%	0.02%	0.02%
CPRX	C	0.01%	0.01%	0.01%
CRAI	B	0.01%	0.01%	0.01%
CRDO	C	0.03%	0.03%	0.03%
CRNX	C	0.03%	0.02%	0.02%
CRVL	A	0.02%	0.02%	0.02%
CSGS	B	0.01%	0.01%	0.01%
CSWI	A	0.04%	0.03%	0.03%
CVBF	A	0.02%	0.01%	0.01%
CVCO	B	0.02%	0.02%	0.02%
CVLT	B	0.04%	0.03%	0.03%
CWST	A	0.04%	0.02%	0.02%
CYTK	D	0.04%	0.02%	0.02%
DAWN	D	0.0%	0.01%	0.0%
DCOM	A	0.01%	0.01%	0.01%
DGII	B	0.01%	0.01%	0.01%
DIOD	F	0.02%	0.01%	0.01%
DNLI	C	0.02%	0.02%	0.02%
DNUT	D	0.01%	0.01%	0.01%
DORM	B	0.02%	0.02%	0.02%
DRVN	A	0.01%	0.01%	0.01%
DVAX	C	0.01%	0.01%	0.01%
DYN	F	0.01%	0.01%	0.01%
EBC	A	0.02%	0.01%	0.01%
EBTC	B	0.0%	0.01%	0.0%
ECPG	B	0.01%	0.01%	0.01%
EFSC	B	0.01%	0.01%	0.01%
EMBC	C	0.01%	0.01%	0.01%
ENSG	D	0.04%	0.02%	0.02%
ENVX	F	0.01%	0.01%	0.01%
ERII	D	0.01%	0.01%	0.01%
ESGR	B	0.02%	0.01%	0.01%
EVCM	B	0.0%	0.01%	0.0%
EWTX	C	0.01%	0.01%	0.01%
EXLS	B	0.04%	0.02%	0.02%
EXPI	C	0.01%	0.01%	0.01%
EXPO	D	0.03%	0.02%	0.02%
EXTR	C	0.01%	0.01%	0.01%
EYE	C	0.01%	0.01%	0.01%
FA	D	0.01%	0.01%	0.01%
FBNC	B	0.01%	0.01%	0.01%
FELE	B	0.03%	0.02%	0.02%
FFBC	A	0.02%	0.01%	0.01%
FFIC	B	0.0%	0.01%	0.0%
FFIN	A	0.03%	0.02%	0.02%
FIBK	A	0.02%	0.01%	0.01%
FIZZ	B	0.01%	0.02%	0.01%
FLGT	F	0.0%	0.01%	0.0%
FLNC	D	0.01%	0.01%	0.01%
FLYW	B	0.01%	0.01%	0.01%
FOLD	F	0.02%	0.01%	0.01%
FORM	F	0.02%	0.01%	0.01%
FRME	A	0.01%	0.01%	0.01%
FRSH	C	0.02%	0.02%	0.02%
FTDR	B	0.03%	0.02%	0.02%
FULT	A	0.02%	0.01%	0.01%
FWRD	D	0.01%	0.01%	0.01%
FWRG	C	0.0%	0.01%	0.0%
GABC	A	0.01%	0.01%	0.01%
GDYN	C	0.01%	0.01%	0.01%
GERN	F	0.01%	0.01%	0.01%
GH	B	0.02%	0.01%	0.01%
GIII	D	0.01%	0.01%	0.01%
GLNG	C	0.02%	0.02%	0.02%
GLUE	C	0.0%	0.01%	0.0%
GOGL	C	0.01%	0.01%	0.01%
GSHD	A	0.01%	0.01%	0.01%
GT	C	0.02%	0.01%	0.01%
HAFC	A	0.0%	0.01%	0.0%
HAIN	F	0.0%	0.01%	0.0%
HALO	D	0.04%	0.02%	0.02%
HBNC	A	0.0%	0.01%	0.0%
HEES	B	0.01%	0.01%	0.01%
HLIT	F	0.01%	0.01%	0.01%
HLNE	B	0.04%	0.03%	0.03%
HOPE	B	0.01%	0.01%	0.01%
HPK	C	0.0%	0.01%	0.0%
HQY	A	0.05%	0.03%	0.03%
HRMY	D	0.01%	0.01%	0.01%
HROW	D	0.01%	0.01%	0.01%
HTLD	B	0.0%	0.01%	0.0%
HTLF	B	0.02%	0.01%	0.01%
HTZ	C	0.0%	0.01%	0.0%
HUBG	A	0.02%	0.01%	0.01%
HURN	B	0.01%	0.01%	0.01%
HWC	B	0.03%	0.02%	0.02%
HWKN	B	0.01%	0.01%	0.01%
IAS	D	0.01%	0.01%	0.01%
IBOC	A	0.02%	0.02%	0.02%
IBTX	B	0.01%	0.01%	0.01%
IBUY	B	0.0%	0.01%	0.0%
ICFI	F	0.02%	0.01%	0.01%
ICHR	C	0.01%	0.01%	0.01%
ICUI	D	0.02%	0.02%	0.02%
IDCC	A	0.02%	0.01%	0.01%
IDYA	F	0.01%	0.01%	0.01%
IESC	B	0.01%	0.02%	0.01%
IMKTA	C	0.01%	0.01%	0.01%
IMVT	F	0.01%	0.02%	0.01%
INBK	A	0.0%	0.01%	0.0%
INDB	A	0.02%	0.01%	0.01%
INFN	D	0.01%	0.01%	0.01%
INMD	C	0.01%	0.01%	0.01%
INSM	D	0.06%	0.03%	0.03%
INTA	B	0.01%	0.02%	0.01%
INVA	C	0.01%	0.01%	0.01%
IOSP	C	0.02%	0.01%	0.01%
IOVA	D	0.02%	0.01%	0.01%
IPAR	C	0.01%	0.02%	0.01%
IRON	C	0.01%	0.01%	0.01%
IRTC	C	0.02%	0.01%	0.01%
ISTR	A	0.0%	0.01%	0.0%
ITRI	B	0.03%	0.02%	0.02%
JACK	C	0.01%	0.01%	0.01%
JAMF	F	0.01%	0.01%	0.01%
JANX	C	0.01%	0.01%	0.01%
JBLU	D	0.01%	0.01%	0.01%
JJSF	C	0.02%	0.01%	0.01%
KALU	C	0.01%	0.01%	0.01%
KLIC	C	0.01%	0.01%	0.01%
KROS	D	0.01%	0.01%	0.01%
KRUS	D	0.0%	0.01%	0.0%
KRYS	C	0.03%	0.02%	0.02%
KTOS	C	0.02%	0.02%	0.02%
KURA	F	0.01%	0.01%	0.01%
KYMR	C	0.01%	0.01%	0.01%
LANC	D	0.02%	0.02%	0.02%
LAUR	A	0.01%	0.01%	0.01%
LBPH	A	0.01%	0.01%	0.01%
LFST	C	0.01%	0.01%	0.01%
LGIH	F	0.01%	0.01%	0.01%
LGND	C	0.01%	0.01%	0.01%
LILAK	F	0.01%	0.01%	0.01%
LIVN	C	0.02%	0.01%	0.01%
LKFN	A	0.01%	0.01%	0.01%
LMAT	A	0.01%	0.01%	0.01%
LNTH	F	0.04%	0.02%	0.02%
LQDA	F	0.0%	0.01%	0.0%
MARA	C	0.03%	0.02%	0.02%
MATW	C	0.0%	0.01%	0.0%
MBIN	F	0.0%	0.01%	0.0%
MBUU	C	0.01%	0.01%	0.01%
MCRI	A	0.01%	0.01%	0.01%
MDGL	C	0.03%	0.03%	0.03%
MGEE	A	0.02%	0.01%	0.01%
MGNI	B	0.01%	0.01%	0.01%
MGPI	F	0.0%	0.01%	0.0%
MGRC	B	0.02%	0.01%	0.01%
MIRM	C	0.01%	0.01%	0.01%
MLKN	F	0.01%	0.01%	0.01%
MMSI	A	0.03%	0.02%	0.02%
MNKD	B	0.01%	0.01%	0.01%
MNTK	F	0.0%	0.01%	0.0%
MQ	D	0.01%	0.01%	0.01%
MRCY	B	0.01%	0.01%	0.01%
MRTN	C	0.01%	0.01%	0.01%
MRVI	F	0.0%	0.01%	0.0%
MSEX	B	0.01%	0.01%	0.01%
MYGN	F	0.01%	0.01%	0.01%
MYRG	C	0.01%	0.01%	0.01%
NARI	B	0.02%	0.01%	0.01%
NAVI	F	0.01%	0.01%	0.01%
NBTB	B	0.01%	0.01%	0.01%
NEO	C	0.01%	0.01%	0.01%
NEOG	D	0.02%	0.01%	0.01%
NEXT	B	0.0%	0.01%	0.0%
NMIH	D	0.02%	0.01%	0.01%
NMRK	A	0.01%	0.01%	0.01%
NNBR	C	0.01%	0.01%	0.01%
NNBR	C	0.0%	0.01%	0.0%
NOVT	D	0.04%	0.02%	0.02%
NPAB	F	0.02%	0.01%	0.01%
NRIX	C	0.01%	0.01%	0.01%
NSIT	F	0.03%	0.02%	0.02%
NSSC	F	0.01%	0.01%	0.01%
NTCT	B	0.01%	0.01%	0.01%
NUVL	D	0.02%	0.02%	0.02%
NVAX	F	0.01%	0.01%	0.01%
NVCR	D	0.01%	0.01%	0.01%
NVEE	F	0.01%	0.01%	0.01%
NWBI	A	0.01%	0.01%	0.01%
NWE	C	0.02%	0.01%	0.01%
OABI	F	0.0%	0.01%	0.0%
OCFC	A	0.01%	0.01%	0.01%
ODP	F	0.01%	0.01%	0.01%
OLPX	F	0.0%	0.01%	0.0%
OMCL	C	0.01%	0.01%	0.01%
ONB	B	0.04%	0.02%	0.02%
OPCH	F	0.02%	0.01%	0.01%
OPK	A	0.0%	0.01%	0.0%
OSIS	A	0.01%	0.01%	0.01%
OSW	B	0.01%	0.01%	0.01%
OTTR	C	0.02%	0.01%	0.01%
PATK	C	0.02%	0.01%	0.01%
PAYO	A	0.02%	0.02%	0.02%
PCH	D	0.02%	0.01%	0.01%
PCT	C	0.01%	0.01%	0.01%
PCVX	D	0.07%	0.04%	0.04%
PDCO	D	0.01%	0.01%	0.01%
PDFS	D	0.01%	0.01%	0.01%
PEBO	A	0.01%	0.01%	0.01%
PECO	A	0.03%	0.02%	0.02%
PFBC	B	0.01%	0.01%	0.01%
PFC	A	0.01%	0.01%	0.01%
PGNY	F	0.01%	0.01%	0.01%
PHAT	F	0.0%	0.01%	0.0%
PI	D	0.03%	0.02%	0.02%
PLAB	D	0.01%	0.01%	0.01%
PLAY	C	0.01%	0.01%	0.01%
PLMR	A	0.01%	0.01%	0.01%
PLUG	F	0.01%	0.01%	0.01%
PLUS	F	0.01%	0.01%	0.01%
PLXS	B	0.03%	0.02%	0.02%
POWI	D	0.02%	0.01%	0.01%
POWL	C	0.02%	0.02%	0.02%
PPBI	B	0.02%	0.01%	0.01%
PRCT	B	0.02%	0.02%	0.02%
PRDO	B	0.01%	0.01%	0.01%
PRGS	B	0.02%	0.01%	0.01%
PRVA	B	0.01%	0.01%	0.01%
PSMT	D	0.01%	0.01%	0.01%
PTCT	C	0.02%	0.01%	0.01%
PTEN	C	0.02%	0.01%	0.01%
PTGX	D	0.02%	0.01%	0.01%
PTVE	C	0.0%	0.01%	0.0%
QLYS	C	0.03%	0.02%	0.02%
QNST	C	0.01%	0.01%	0.01%
RBCAA	B	0.0%	0.01%	0.0%
RCKT	F	0.01%	0.01%	0.01%
RDFN	F	0.01%	0.01%	0.01%
RDNT	B	0.03%	0.02%	0.02%
RIOT	C	0.02%	0.01%	0.01%
RKLB	B	0.03%	0.03%	0.03%
RLAY	F	0.0%	0.01%	0.0%
RMBS	C	0.03%	0.02%	0.02%
RNA	C	0.03%	0.01%	0.01%
ROAD	B	0.02%	0.02%	0.02%
ROCK	C	0.01%	0.01%	0.01%
ROIC	A	0.01%	0.01%	0.01%
RPD	C	0.01%	0.01%	0.01%
RRR	F	0.02%	0.01%	0.01%
RUN	F	0.01%	0.01%	0.01%
RUSHA	B	0.02%	0.02%	0.02%
RVMD	B	0.05%	0.03%	0.03%
RXST	F	0.01%	0.01%	0.01%
RYTM	C	0.02%	0.02%	0.02%
SABR	B	0.01%	0.01%	0.01%
SAFT	B	0.01%	0.01%	0.01%
SANM	B	0.03%	0.02%	0.02%
SASR	A	0.01%	0.01%	0.01%
SATS	D	0.02%	0.01%	0.01%
SBCF	B	0.01%	0.01%	0.01%
SBRA	C	0.02%	0.02%	0.02%
SCSC	B	0.01%	0.01%	0.01%
SCVL	F	0.0%	0.01%	0.0%
SDGR	D	0.01%	0.01%	0.01%
SFM	B	0.08%	0.05%	0.05%
SFNC	B	0.02%	0.01%	0.01%
SGRY	F	0.01%	0.02%	0.01%
SHOO	D	0.02%	0.01%	0.01%
SIGI	B	0.03%	0.02%	0.02%
SITM	B	0.02%	0.02%	0.02%
SKWD	A	0.01%	0.01%	0.01%
SKYW	B	0.02%	0.02%	0.02%
SLAB	F	0.02%	0.01%	0.01%
SMMT	D	0.01%	0.05%	0.01%
SMPL	B	0.02%	0.01%	0.01%
SMTC	C	0.02%	0.01%	0.01%
SNDX	F	0.01%	0.01%	0.01%
SNEX	A	0.02%	0.01%	0.01%
SOUN	C	0.01%	0.01%	0.01%
SPNS	F	0.01%	0.01%	0.01%
SPRY	C	0.0%	0.01%	0.0%
SPSC	F	0.04%	0.02%	0.02%
SPT	C	0.01%	0.01%	0.01%
SRRK	C	0.01%	0.01%	0.01%
STAA	F	0.01%	0.01%	0.01%
STBA	B	0.01%	0.01%	0.01%
STEP	B	0.02%	0.02%	0.02%
STNE	F	0.02%	0.01%	0.01%
STRA	C	0.01%	0.01%	0.01%
STRL	B	0.03%	0.02%	0.02%
SUPN	B	0.01%	0.01%	0.01%
SVC	F	0.0%	0.01%	0.0%
SVRA	F	0.0%	0.01%	0.0%
SWTX	C	0.01%	0.01%	0.01%
SYBT	B	0.01%	0.01%	0.01%
SYNA	D	0.02%	0.01%	0.01%
TARS	C	0.01%	0.01%	0.01%
TBBK	A	0.02%	0.01%	0.01%
TCBI	A	0.02%	0.02%	0.02%
TCBK	A	0.01%	0.01%	0.01%
TENB	D	0.03%	0.02%	0.02%
TFIN	B	0.01%	0.01%	0.01%
TGTX	C	0.02%	0.01%	0.01%
TH	C	0.0%	0.01%	0.0%
THRM	F	0.01%	0.01%	0.01%
TMDX	F	0.02%	0.01%	0.01%
TNDM	F	0.01%	0.01%	0.01%
TOWN	B	0.01%	0.01%	0.01%
TRDA	C	0.0%	0.01%	0.0%
TRMK	B	0.01%	0.01%	0.01%
TRNS	F	0.01%	0.01%	0.01%
TRS	D	0.01%	0.01%	0.01%
TRUP	B	0.01%	0.01%	0.01%
TTGT	C	0.0%	0.01%	0.0%
TTMI	B	0.01%	0.01%	0.01%
TVTX	C	0.01%	0.01%	0.01%
TWST	F	0.01%	0.01%	0.01%
UBSI	A	0.03%	0.02%	0.02%
UCTT	F	0.01%	0.01%	0.01%
UDMY	D	0.0%	0.01%	0.0%
UFPI	C	0.05%	0.02%	0.02%
UFPT	C	0.01%	0.01%	0.01%
ULCC	D	0.0%	0.01%	0.0%
ULH	B	0.0%	0.01%	0.0%
UMBF	B	0.03%	0.02%	0.02%
UNIT	B	0.01%	0.01%	0.01%
UPBD	C	0.01%	0.01%	0.01%
UPST	B	0.02%	0.02%	0.02%
URBN	C	0.01%	0.01%	0.01%
USLM	A	0.01%	0.02%	0.01%
VBTX	B	0.01%	0.01%	0.01%
VC	F	0.01%	0.01%	0.01%
VCEL	B	0.01%	0.01%	0.01%
VCTR	B	0.01%	0.02%	0.01%
VCYT	B	0.02%	0.01%	0.01%
VECO	F	0.01%	0.01%	0.01%
VERA	B	0.01%	0.01%	0.01%
VERX	B	0.01%	0.02%	0.01%
VIAV	B	0.01%	0.01%	0.01%
VICR	C	0.01%	0.02%	0.01%
VIR	F	0.01%	0.01%	0.01%
VITL	F	0.01%	0.01%	0.01%
VLY	A	0.03%	0.02%	0.02%
VMEO	B	0.01%	0.01%	0.01%
VRDN	C	0.01%	0.01%	0.01%
VRNS	F	0.03%	0.02%	0.02%
VRNT	D	0.01%	0.01%	0.01%
VRRM	F	0.02%	0.01%	0.01%
VSEC	B	0.01%	0.01%	0.01%
WABC	B	0.01%	0.01%	0.01%
WAFD	B	0.01%	0.01%	0.01%
WASH	B	0.0%	0.01%	0.0%
WDFC	B	0.02%	0.01%	0.01%
WERN	B	0.01%	0.01%	0.01%
WINA	B	0.01%	0.01%	0.01%
WOOF	D	0.0%	0.01%	0.0%
WSBC	A	0.01%	0.01%	0.01%
WSFS	A	0.02%	0.01%	0.01%
WULF	C	0.01%	0.01%	0.01%
WVE	C	0.01%	0.01%	0.01%
XNCR	B	0.01%	0.01%	0.01%
XPEL	C	0.01%	0.01%	0.01%
XRX	F	0.01%	0.01%	0.01%
ZD	B	0.01%	0.01%	0.01%

HDG Overweight 1297 Positions Relative to ONEQ

Symbol	Grade	Weight
FLR	B	0.06%
AIT	A	0.06%
MLI	B	0.06%
SSB	B	0.05%
CRS	A	0.05%
JXN	B	0.05%
FN	C	0.05%
LUMN	C	0.05%
CBT	C	0.04%
MOG.A	B	0.04%
MOD	C	0.04%
BMI	C	0.04%
RHP	B	0.04%
GBCI	A	0.04%
MTH	D	0.04%
HRI	B	0.04%
ANF	C	0.04%
GKOS	B	0.04%
CADE	B	0.04%
GTLS	A	0.04%
TMHC	B	0.04%
CMC	B	0.04%
ITGR	B	0.03%
WHD	B	0.03%
ASGN	F	0.03%
IRT	A	0.03%
KAI	A	0.03%
AVNT	B	0.03%
CTRE	D	0.03%
NJR	A	0.03%
BCO	F	0.03%
ABCB	B	0.03%
BOX	B	0.03%
MGY	A	0.03%
MUR	D	0.03%
POR	C	0.03%
KTB	A	0.03%
SFBS	B	0.03%
SKY	A	0.03%
ACA	A	0.03%
SM	C	0.03%
DY	C	0.03%
EAT	A	0.03%
SHAK	B	0.03%
ABG	B	0.03%
SLG	B	0.03%
RDN	D	0.03%
QTWO	B	0.03%
BDC	B	0.03%
KBH	D	0.03%
GPI	B	0.03%
IBP	F	0.03%
FSS	B	0.03%
MMS	D	0.03%
GATX	A	0.03%
CNX	A	0.03%
EPRT	C	0.03%
BCC	A	0.03%
MATX	B	0.03%
TRNO	D	0.03%
ZETA	D	0.03%
MC	B	0.03%
KNF	B	0.03%
ZWS	B	0.03%
HOMB	A	0.03%
WTS	A	0.03%
KRG	B	0.03%
ESNT	D	0.03%
PIPR	A	0.03%
SUM	B	0.03%
MTX	B	0.02%
PTON	C	0.02%
AMR	C	0.02%
CPK	A	0.02%
PFSI	D	0.02%
PFS	A	0.02%
ABR	B	0.02%
EPAC	B	0.02%
UE	B	0.02%
CNS	B	0.02%
LXP	D	0.02%
EVH	F	0.02%
ARCH	B	0.02%
BUR	D	0.02%
OII	B	0.02%
AVA	C	0.02%
NSP	F	0.02%
HGV	C	0.02%
TNET	F	0.02%
PRK	B	0.02%
UNF	B	0.02%
GHC	B	0.02%
UEC	A	0.02%
LCII	D	0.02%
DEI	B	0.02%
TRN	A	0.02%
BKU	A	0.02%
CWT	D	0.02%
OSCR	D	0.02%
TGNA	B	0.02%
LBRT	F	0.02%
GNW	A	0.02%
APAM	A	0.02%
BFH	B	0.02%
BOH	B	0.02%
MIR	A	0.02%
AWR	A	0.02%
TDW	F	0.02%
ALIT	C	0.02%
ENV	B	0.02%
REZI	A	0.02%
TDS	B	0.02%
PBF	D	0.02%
NHI	D	0.02%
BXMT	D	0.02%
VAL	F	0.02%
SLVM	B	0.02%
BNL	D	0.02%
ATGE	B	0.02%
CWK	B	0.02%
YOU	D	0.02%
CNK	A	0.02%
RIG	D	0.02%
SXT	C	0.02%
NPO	A	0.02%
IIPR	F	0.02%
AEO	F	0.02%
HP	C	0.02%
APLE	B	0.02%
FBP	B	0.02%
SKT	A	0.02%
WD	D	0.02%
HASI	F	0.02%
ABM	B	0.02%
HL	D	0.02%
CDP	C	0.02%
ESE	A	0.02%
CBU	B	0.02%
CBZ	B	0.02%
SR	A	0.02%
MWA	B	0.02%
CEIX	A	0.02%
BOOT	C	0.02%
BTU	B	0.02%
ALE	A	0.02%
AROC	A	0.02%
JBT	A	0.02%
PBH	A	0.02%
HCC	B	0.02%
TPH	D	0.02%
ATKR	C	0.02%
AUB	A	0.02%
UCB	A	0.02%
TEX	D	0.02%
PJT	B	0.02%
HAE	B	0.02%
CRC	A	0.02%
GMS	B	0.02%
MAC	A	0.02%
PRMW	C	0.02%
PNM	B	0.02%
NOG	A	0.02%
ENS	D	0.02%
SGBX	F	0.02%
PRIM	A	0.02%
BKH	A	0.02%
KFY	B	0.02%
SIG	C	0.02%
SEM	B	0.02%
GVA	A	0.02%
CNO	A	0.02%
OGS	A	0.02%
ASB	B	0.02%
MHO	D	0.02%
LRN	A	0.02%
RXO	C	0.02%
FUL	F	0.02%
CWAN	C	0.02%
WK	B	0.02%
ORA	B	0.02%
HIMS	C	0.02%
AX	A	0.02%
SWX	A	0.02%
PLRX	D	0.01%
ARRY	D	0.01%
DCO	B	0.01%
DLX	A	0.01%
NABL	F	0.01%
IE	D	0.01%
ATEC	C	0.01%
CTBI	A	0.01%
HOV	F	0.01%
DESP	A	0.01%
DX	A	0.01%
PARR	D	0.01%
BDN	D	0.01%
VTOL	B	0.01%
APLT	C	0.01%
EOLS	F	0.01%
UVSP	B	0.01%
SAH	B	0.01%
JELD	F	0.01%
MMI	B	0.01%
RWT	D	0.01%
MATV	F	0.01%
HFWA	B	0.01%
LMB	A	0.01%
BLX	B	0.01%
AVNS	F	0.01%
PGRE	D	0.01%
BLFS	D	0.01%
UTL	D	0.01%
HSII	B	0.01%
HCI	C	0.01%
PNTG	D	0.01%
ECVT	C	0.01%
BZH	C	0.01%
OEC	C	0.01%
PRAA	C	0.01%
ACMR	F	0.01%
CXM	C	0.01%
FMBH	A	0.01%
THR	B	0.01%
CDRE	F	0.01%
TMP	A	0.01%
BHRB	B	0.01%
ASPN	F	0.01%
NXRT	A	0.01%
SHLS	F	0.01%
BY	B	0.01%
EFC	C	0.01%
BXC	A	0.01%
COUR	F	0.01%
AMSC	C	0.01%
VZIO	A	0.01%
PRLB	B	0.01%
CLB	C	0.01%
CAL	F	0.01%
SXC	A	0.01%
OMI	F	0.01%
ARQT	C	0.01%
LPG	F	0.01%
AMRC	F	0.01%
ELVN	C	0.01%
BBSI	A	0.01%
CNOB	B	0.01%
OBK	B	0.01%
FSLY	D	0.01%
IMAX	B	0.01%
EVRI	A	0.01%
PRO	C	0.01%
CSR	B	0.01%
BV	C	0.01%
SBSI	B	0.01%
ATEN	A	0.01%
SAVA	C	0.01%
FBRT	C	0.01%
BFC	B	0.01%
DK	D	0.01%
BRKL	B	0.01%
OPEN	F	0.01%
JBI	F	0.01%
CARS	B	0.01%
KLG	D	0.01%
DAN	F	0.01%
ARLO	D	0.01%
RC	D	0.01%
ASAN	C	0.01%
FBMS	B	0.01%
FDP	A	0.01%
TGI	A	0.01%
MSGE	F	0.01%
ALGT	B	0.01%
PMT	D	0.01%
AORT	B	0.01%
PHR	F	0.01%
MXL	D	0.01%
UTZ	D	0.01%
OXM	F	0.01%
KFRC	D	0.01%
WMK	B	0.01%
CNNE	B	0.01%
CRK	A	0.01%
LEU	C	0.01%
SCS	B	0.01%
UMH	A	0.01%
MRC	B	0.01%
SRCE	B	0.01%
NTST	D	0.01%
BKD	F	0.01%
AIV	C	0.01%
SFL	D	0.01%
PBI	C	0.01%
DOLE	D	0.01%
PDM	D	0.01%
VSAT	F	0.01%
WTTR	A	0.01%
RVLV	B	0.01%
WWW	A	0.01%
UVV	B	0.01%
XMTR	C	0.01%
UNFI	A	0.01%
ARI	C	0.01%
TPC	B	0.01%
CWH	C	0.01%
EIG	A	0.01%
KW	C	0.01%
DEA	D	0.01%
LADR	B	0.01%
BHLB	B	0.01%
AAT	C	0.01%
MD	B	0.01%
XPRO	F	0.01%
GSAT	C	0.01%
SBH	A	0.01%
WOR	F	0.01%
VRE	A	0.01%
MODG	F	0.01%
ZUO	B	0.01%
NX	C	0.01%
BKE	A	0.01%
SPNT	A	0.01%
DHT	D	0.01%
TILE	B	0.01%
RLJ	C	0.01%
LNN	B	0.01%
LTH	D	0.01%
ALEX	B	0.01%
HELE	C	0.01%
DNOW	B	0.01%
AESI	B	0.01%
JBGS	F	0.01%
WS	B	0.01%
USPH	C	0.01%
HLX	C	0.01%
COMM	D	0.01%
ESRT	D	0.01%
QCRH	B	0.01%
TROX	F	0.01%
WT	A	0.01%
LMND	A	0.01%
FOXF	F	0.01%
CODI	A	0.01%
NIC	B	0.01%
ELME	D	0.01%
REVG	B	0.01%
NWN	A	0.01%
CSTM	D	0.01%
AMC	F	0.01%
AMN	F	0.01%
NTLA	F	0.01%
PAGS	F	0.01%
GTY	A	0.01%
DFIN	D	0.01%
PEB	F	0.01%
XHR	B	0.01%
TGLS	B	0.01%
GNL	D	0.01%
HTH	B	0.01%
TDOC	C	0.01%
LTC	B	0.01%
NHC	B	0.01%
CUBI	B	0.01%
VRTS	B	0.01%
WRBY	A	0.01%
RXRX	F	0.01%
WKC	D	0.01%
SONO	C	0.01%
GEF	B	0.01%
LC	A	0.01%
KN	B	0.01%
SMR	A	0.01%
OCUL	C	0.01%
LOB	A	0.01%
LZB	A	0.01%
NGVT	B	0.01%
TALO	C	0.01%
SCL	D	0.01%
RAMP	C	0.01%
WGO	C	0.01%
TNC	F	0.01%
HE	D	0.01%
HMN	B	0.01%
ADNT	F	0.01%
CTS	B	0.01%
KOS	D	0.01%
EPC	D	0.01%
INSW	F	0.01%
NNI	C	0.01%
IART	C	0.01%
UPWK	C	0.01%
THS	F	0.01%
GOLF	B	0.01%
NTB	B	0.01%
PD	C	0.01%
BHE	B	0.01%
SJW	F	0.01%
HLIO	B	0.01%
KAR	A	0.01%
PRM	C	0.01%
NBHC	B	0.01%
JOE	F	0.01%
CRGY	A	0.01%
PZZA	D	0.01%
STC	A	0.01%
CXW	B	0.01%
FCF	A	0.01%
DRH	B	0.01%
MCY	A	0.01%
ALG	C	0.01%
AGX	C	0.01%
OI	D	0.01%
GBX	A	0.01%
AGM	B	0.01%
KNTK	A	0.01%
FBK	B	0.01%
DBRG	F	0.01%
GPOR	A	0.01%
VYX	C	0.01%
CALX	F	0.01%
JOBY	C	0.01%
FL	F	0.01%
PRG	B	0.01%
IVT	A	0.01%
NATL	C	0.01%
ROG	D	0.01%
OFG	B	0.01%
EQC	A	0.01%
B	A	0.01%
BE	B	0.01%
SHO	D	0.01%
EVTC	C	0.01%
PHIN	A	0.01%
HI	C	0.01%
GRBK	D	0.01%
AIR	B	0.01%
VSH	F	0.01%
CNMD	C	0.01%
CDE	C	0.01%
BANC	B	0.01%
AI	C	0.01%
RNST	B	0.01%
CABO	C	0.01%
ENR	A	0.01%
IGT	F	0.01%
PAR	A	0.01%
YELP	C	0.01%
SXI	A	0.01%
COMP	B	0.01%
MTRN	C	0.01%
KMT	B	0.01%
KWR	C	0.01%
AZZ	A	0.01%
HBI	A	0.01%
AIN	C	0.01%
FCPT	C	0.01%
CCS	F	0.01%
GFF	B	0.01%
DOCN	F	0.01%
HNI	B	0.01%
VSTO	A	0.01%
AKR	A	0.01%
VSCO	A	0.01%
ENVA	B	0.01%
STNG	F	0.01%
OUT	A	0.01%
GEO	A	0.01%
QRTEB	F	0.0%
VRCA	F	0.0%
VGAS	C	0.0%
LYRA	F	0.0%
PRLD	F	0.0%
ARL	F	0.0%
AMPX	C	0.0%
SST	F	0.0%
GOEV	F	0.0%
ELEV	F	0.0%
RENB	F	0.0%
VALU	A	0.0%
TCI	D	0.0%
AVTE	D	0.0%
CIX	C	0.0%
STTK	F	0.0%
CURV	C	0.0%
PRPL	F	0.0%
ALXO	F	0.0%
SES	F	0.0%
SWKH	F	0.0%
GOCO	C	0.0%
GALT	C	0.0%
METCB	C	0.0%
GMGI	C	0.0%
ATNM	F	0.0%
STEM	F	0.0%
HLVX	D	0.0%
NRDY	D	0.0%
MAPS	C	0.0%
IPSC	F	0.0%
EEX	C	0.0%
TLYS	F	0.0%
TDUP	C	0.0%
NL	B	0.0%
VTSI	C	0.0%
CLPR	D	0.0%
HOWL	F	0.0%
STKS	F	0.0%
OVID	D	0.0%
CHRS	F	0.0%
RAPT	F	0.0%
REKR	F	0.0%
LCUT	F	0.0%
HQI	B	0.0%
DLHC	F	0.0%
BLUE	F	0.0%
AKYA	D	0.0%
EVEX	F	0.0%
INMB	F	0.0%
WALD	F	0.0%
MPX	C	0.0%
CSTE	F	0.0%
QSI	F	0.0%
GLSI	F	0.0%
EP	C	0.0%
CVGI	F	0.0%
RMBL	B	0.0%
MASS	F	0.0%
TUSK	F	0.0%
ULBI	F	0.0%
RGLS	F	0.0%
XFOR	F	0.0%
VERU	F	0.0%
CPSS	B	0.0%
QBTS	C	0.0%
ACRV	D	0.0%
AIRS	C	0.0%
AMTX	B	0.0%
VHI	D	0.0%
SBT	C	0.0%
SCWO	F	0.0%
BKSY	B	0.0%
TTEC	F	0.0%
RMNI	C	0.0%
STXS	C	0.0%
OPRX	F	0.0%
CADL	F	0.0%
NPCE	C	0.0%
COOK	D	0.0%
GRWG	F	0.0%
EVI	D	0.0%
QIPT	F	0.0%
DIBS	F	0.0%
EGAN	D	0.0%
POWW	F	0.0%
QUIK	F	0.0%
PEPG	F	0.0%
NTIC	C	0.0%
BH	A	0.0%
PGEN	F	0.0%
LWAY	C	0.0%
RILY	F	0.0%
AOMR	D	0.0%
HBIO	F	0.0%
FENC	F	0.0%
SSTI	D	0.0%
PNRG	A	0.0%
III	C	0.0%
INNV	F	0.0%
GBIO	F	0.0%
NODK	A	0.0%
KFS	B	0.0%
PRTH	A	0.0%
MRAM	D	0.0%
SCPH	F	0.0%
TNYA	D	0.0%
CTRN	F	0.0%
SKIN	D	0.0%
PBYI	D	0.0%
NC	C	0.0%
JYNT	D	0.0%
CMT	F	0.0%
PEBK	B	0.0%
NREF	A	0.0%
BDTX	F	0.0%
SKYH	C	0.0%
CRNC	F	0.0%
TAYD	F	0.0%
SMTI	B	0.0%
PAYS	F	0.0%
PBFS	A	0.0%
SPCE	C	0.0%
MDWD	F	0.0%
VRA	D	0.0%
TSQ	D	0.0%
TPIC	F	0.0%
ABOS	D	0.0%
LCTX	D	0.0%
TWIN	D	0.0%
HFFG	C	0.0%
BBCP	F	0.0%
QRHC	F	0.0%
MYPS	C	0.0%
ZYXI	D	0.0%
LXRX	F	0.0%
INFU	B	0.0%
AVD	C	0.0%
VTYX	F	0.0%
SSP	F	0.0%
TCX	F	0.0%
INO	F	0.0%
JILL	C	0.0%
OBIO	C	0.0%
CRDF	D	0.0%
CLAR	D	0.0%
FRGE	F	0.0%
BTMD	B	0.0%
GPMT	C	0.0%
GWRS	B	0.0%
ESCA	C	0.0%
EML	F	0.0%
AVNW	F	0.0%
RCKY	F	0.0%
KOD	B	0.0%
STRS	C	0.0%
EVC	C	0.0%
CDZI	B	0.0%
FFNW	D	0.0%
DXLG	D	0.0%
ATLO	C	0.0%
SAMG	A	0.0%
CHMG	A	0.0%
SMID	B	0.0%
STHO	F	0.0%
BBAI	C	0.0%
SEVN	C	0.0%
ACDC	C	0.0%
FF	F	0.0%
XBIT	D	0.0%
KLTR	A	0.0%
SCLX	F	0.0%
MYFW	A	0.0%
AFCG	D	0.0%
GEOS	C	0.0%
BRCC	F	0.0%
RGTI	C	0.0%
ESSA	B	0.0%
DC	F	0.0%
MHLD	D	0.0%
JOUT	F	0.0%
EPM	A	0.0%
VEL	A	0.0%
IBEX	A	0.0%
FCEL	B	0.0%
GAMB	B	0.0%
RSVR	B	0.0%
PVBC	B	0.0%
FLL	F	0.0%
CHGG	D	0.0%
SMHI	F	0.0%
RXT	C	0.0%
NKSH	C	0.0%
NKTX	F	0.0%
ACHV	F	0.0%
PRCH	C	0.0%
LFMD	C	0.0%
ACTG	F	0.0%
SLDP	F	0.0%
BSVN	A	0.0%
AEYE	C	0.0%
SGHT	F	0.0%
IHRT	C	0.0%
GPRO	F	0.0%
OB	B	0.0%
TRVI	F	0.0%
ONTF	C	0.0%
BLNK	F	0.0%
LAW	D	0.0%
HBB	F	0.0%
VIRC	C	0.0%
RELL	B	0.0%
MFIN	B	0.0%
ALCO	F	0.0%
VABK	A	0.0%
FSTR	B	0.0%
DSGN	C	0.0%
NATR	C	0.0%
ATOS	F	0.0%
MG	F	0.0%
FSP	C	0.0%
PSTX	D	0.0%
FET	D	0.0%
IRBT	F	0.0%
FORR	D	0.0%
ZURA	F	0.0%
RGCO	C	0.0%
MODV	D	0.0%
MLP	C	0.0%
MBI	B	0.0%
BOOM	F	0.0%
RDW	A	0.0%
BELFA	D	0.0%
BHR	B	0.0%
ARAY	D	0.0%
FREY	B	0.0%
PYXS	C	0.0%
MITT	D	0.0%
ASLE	C	0.0%
NXDT	F	0.0%
DSP	A	0.0%
HOFT	C	0.0%
BARK	C	0.0%
NRGV	C	0.0%
SMLR	B	0.0%
HMST	F	0.0%
TTSH	D	0.0%
LSEA	F	0.0%
CVRX	C	0.0%
BWFG	B	0.0%
BRT	A	0.0%
ALTG	C	0.0%
KRT	B	0.0%
USCB	B	0.0%
CABA	F	0.0%
PANL	F	0.0%
CTGO	F	0.0%
SRI	F	0.0%
OVLY	A	0.0%
JRVR	F	0.0%
NVRO	F	0.0%
MED	F	0.0%
LNZA	F	0.0%
UTMD	D	0.0%
HRTX	F	0.0%
OFLX	C	0.0%
CDLX	D	0.0%
FULC	F	0.0%
CIO	F	0.0%
DBI	F	0.0%
SGC	C	0.0%
LCNB	B	0.0%
RMAX	D	0.0%
BLDE	D	0.0%
INZY	F	0.0%
ZNTL	D	0.0%
INSE	B	0.0%
IGMS	F	0.0%
MEC	F	0.0%
GNE	F	0.0%
PCB	A	0.0%
CTV	D	0.0%
NATH	B	0.0%
MVIS	F	0.0%
PESI	C	0.0%
GENC	B	0.0%
PLL	C	0.0%
CRBU	D	0.0%
PINE	D	0.0%
FLWS	D	0.0%
ANIK	D	0.0%
INGN	C	0.0%
FVCB	C	0.0%
BLFY	A	0.0%
DH	F	0.0%
RNGR	A	0.0%
ASUR	D	0.0%
ORGO	B	0.0%
PRME	F	0.0%
ENTA	F	0.0%
PBPB	B	0.0%
FHTX	C	0.0%
LUNR	B	0.0%
QUAD	B	0.0%
ATLC	A	0.0%
TSHA	D	0.0%
SWIM	D	0.0%
LYEL	F	0.0%
WTI	F	0.0%
REI	D	0.0%
TG	C	0.0%
AMPS	C	0.0%
ATNI	F	0.0%
SERA	F	0.0%
LE	D	0.0%
GCBC	B	0.0%
TSVT	F	0.0%
CRMT	F	0.0%
ILPT	D	0.0%
NGS	A	0.0%
NWFL	B	0.0%
JAKK	C	0.0%
BMEA	F	0.0%
TRAK	A	0.0%
ORN	B	0.0%
TBI	F	0.0%
DGICA	B	0.0%
PKBK	A	0.0%
ITOS	F	0.0%
NKTR	F	0.0%
ACCD	F	0.0%
GRPN	F	0.0%
MGTX	C	0.0%
TLS	D	0.0%
PCYO	A	0.0%
MBCN	C	0.0%
OMER	B	0.0%
OCGN	F	0.0%
CTOS	B	0.0%
HRTG	C	0.0%
RRBI	A	0.0%
MVBF	C	0.0%
IMMR	F	0.0%
TSBK	B	0.0%
FRST	B	0.0%
PLBC	A	0.0%
WEYS	B	0.0%
MGNX	D	0.0%
HNRG	A	0.0%
ADCT	F	0.0%
HDSN	F	0.0%
SB	D	0.0%
CRCT	F	0.0%
FLXS	B	0.0%
REFI	A	0.0%
XOMA	B	0.0%
APEI	B	0.0%
MRSN	C	0.0%
EWCZ	D	0.0%
SKYT	F	0.0%
THRD	D	0.0%
RLGT	B	0.0%
ALDX	D	0.0%
HEAR	C	0.0%
RM	D	0.0%
AMCX	C	0.0%
WSBF	B	0.0%
EDIT	F	0.0%
CPS	C	0.0%
EB	C	0.0%
VPG	F	0.0%
CBNK	B	0.0%
VNDA	C	0.0%
CDXS	C	0.0%
AMPY	D	0.0%
PKE	B	0.0%
FATE	F	0.0%
BYRN	A	0.0%
WOW	C	0.0%
ANGO	C	0.0%
KRO	D	0.0%
CBAN	A	0.0%
IPI	B	0.0%
PACK	C	0.0%
LUNG	F	0.0%
RGP	F	0.0%
VLGEA	B	0.0%
COFS	A	0.0%
PKOH	B	0.0%
GNTY	A	0.0%
BCML	A	0.0%
FDBC	B	0.0%
XPOF	B	0.0%
MOV	C	0.0%
DOMO	C	0.0%
SAVE	F	0.0%
SENEA	A	0.0%
PFMT	F	0.0%
SPOK	B	0.0%
SSBK	A	0.0%
OBT	B	0.0%
ONEW	F	0.0%
NRC	F	0.0%
JMSB	B	0.0%
NGVC	B	0.0%
BWB	B	0.0%
PSTL	D	0.0%
CZNC	B	0.0%
BWMN	C	0.0%
LEGH	D	0.0%
HBT	A	0.0%
FLIC	A	0.0%
APPS	F	0.0%
LAZR	D	0.0%
SLQT	C	0.0%
RCEL	B	0.0%
GCO	B	0.0%
CZFS	A	0.0%
UNTY	A	0.0%
OSUR	F	0.0%
CRSR	D	0.0%
SNBR	F	0.0%
BLZE	D	0.0%
NUS	C	0.0%
OOMA	A	0.0%
TBPH	B	0.0%
ITIC	A	0.0%
TITN	C	0.0%
SAGE	F	0.0%
ACIC	B	0.0%
GHM	A	0.0%
OIS	B	0.0%
CERS	D	0.0%
METC	C	0.0%
PLSE	C	0.0%
FRBA	C	0.0%
NNOX	D	0.0%
SFST	A	0.0%
ABSI	F	0.0%
FNLC	B	0.0%
LOCO	D	0.0%
LILA	F	0.0%
KODK	D	0.0%
VYGR	F	0.0%
GRNT	A	0.0%
FSBW	B	0.0%
AEHR	F	0.0%
IAUX	F	0.0%
HVT	D	0.0%
STRO	D	0.0%
HNST	A	0.0%
PLPC	B	0.0%
OUST	C	0.0%
NEWT	B	0.0%
REPX	A	0.0%
CIVB	B	0.0%
MTRX	B	0.0%
FNA	B	0.0%
CDXC	A	0.0%
LRMR	D	0.0%
TYRA	F	0.0%
HBCP	B	0.0%
SFIX	C	0.0%
ACRE	B	0.0%
CYRX	D	0.0%
CCCC	F	0.0%
TCMD	A	0.0%
MAX	F	0.0%
CENT	C	0.0%
GRND	A	0.0%
SIGA	F	0.0%
MEI	F	0.0%
ADV	F	0.0%
ZUMZ	D	0.0%
LGTY	B	0.0%
NECB	B	0.0%
GEF	B	0.0%
TRC	F	0.0%
FNKO	D	0.0%
EGHT	C	0.0%
TWI	F	0.0%
FARO	B	0.0%
REAL	B	0.0%
TRUE	B	0.0%
HIFS	B	0.0%
DCGO	B	0.0%
DENN	C	0.0%
NOVA	F	0.0%
RDVT	B	0.0%
RBBN	B	0.0%
MCFT	C	0.0%
AQST	D	0.0%
ODC	D	0.0%
SD	D	0.0%
MTW	C	0.0%
CMPO	B	0.0%
TMCI	C	0.0%
TCBX	A	0.0%
RMR	F	0.0%
PPTA	B	0.0%
USAP	A	0.0%
NPK	C	0.0%
CWCO	C	0.0%
CCRN	F	0.0%
BOC	D	0.0%
NRIM	A	0.0%
BYND	F	0.0%
ZIMV	F	0.0%
WRLD	D	0.0%
WTBA	B	0.0%
LINC	C	0.0%
BIGC	C	0.0%
FMAO	A	0.0%
FRPH	A	0.0%
CLDT	C	0.0%
FBIZ	B	0.0%
BCAL	A	0.0%
GIC	F	0.0%
NVEC	D	0.0%
LXFR	B	0.0%
ACNB	B	0.0%
FUBO	F	0.0%
ALLO	D	0.0%
RBB	B	0.0%
AKBA	C	0.0%
ESPR	C	0.0%
TERN	F	0.0%
ZEUS	C	0.0%
FDMT	F	0.0%
DHIL	A	0.0%
BALY	A	0.0%
FISI	B	0.0%
LOVE	A	0.0%
ALEC	F	0.0%
BMRC	A	0.0%
ARCT	F	0.0%
GLRE	B	0.0%
BRY	F	0.0%
MITK	C	0.0%
RGNX	F	0.0%
MLYS	D	0.0%
CLFD	F	0.0%
ANAB	F	0.0%
LWLG	D	0.0%
DSGR	C	0.0%
BFS	C	0.0%
KALV	F	0.0%
ALX	D	0.0%
CELC	F	0.0%
CTO	B	0.0%
TWKS	B	0.0%
RICK	C	0.0%
AGS	A	0.0%
EE	A	0.0%
KRNY	B	0.0%
SANA	F	0.0%
OLP	B	0.0%
CARE	B	0.0%
MYE	F	0.0%
VERV	F	0.0%
DDD	C	0.0%
BSRR	B	0.0%
USNA	C	0.0%
ENFN	A	0.0%
IRMD	B	0.0%
NUVB	C	0.0%
URGN	F	0.0%
LIND	A	0.0%
LAND	F	0.0%
TTI	B	0.0%
MOFG	A	0.0%
PX	A	0.0%
CMP	B	0.0%
XERS	C	0.0%
CAPR	C	0.0%
ARHS	F	0.0%
LGF.A	F	0.0%
LMNR	C	0.0%
STOK	D	0.0%
CLW	F	0.0%
CHPT	F	0.0%
SPFI	B	0.0%
HUMA	F	0.0%
LXU	C	0.0%
PAHC	B	0.0%
EVER	F	0.0%
FFWM	C	0.0%
BBW	B	0.0%
HCAT	C	0.0%
SLP	F	0.0%
CCSI	B	0.0%
MPB	B	0.0%
MNMD	C	0.0%
TREE	F	0.0%
BTBT	C	0.0%
CVGW	C	0.0%
BAND	D	0.0%
FC	F	0.0%
THRY	F	0.0%
DMRC	D	0.0%
SHYF	C	0.0%
SEMR	D	0.0%
OLMA	F	0.0%
AIOT	A	0.0%
NWPX	A	0.0%
AMBC	C	0.0%
ALRS	D	0.0%
SHBI	A	0.0%
KIDS	F	0.0%
PKST	F	0.0%
UVE	A	0.0%
GTN	F	0.0%
RUSHB	B	0.0%
CHCT	C	0.0%
ESQ	B	0.0%
AURA	C	0.0%
UFCS	A	0.0%
LQDT	A	0.0%
LYTS	A	0.0%
PFIS	B	0.0%
HONE	B	0.0%
INST	B	0.0%
KE	C	0.0%
GOGO	C	0.0%
ALT	C	0.0%
GCMG	B	0.0%
UIS	B	0.0%
TRTX	B	0.0%
PL	B	0.0%
UHT	D	0.0%
LESL	C	0.0%
EAF	B	0.0%
SRDX	C	0.0%
MCS	B	0.0%
IBTA	D	0.0%
DAKT	A	0.0%
RDUS	C	0.0%
CCBG	B	0.0%
REAX	C	0.0%
DIN	C	0.0%
WEAV	B	0.0%
FPI	A	0.0%
NFBK	B	0.0%
HTBI	A	0.0%
AROW	B	0.0%
ASC	F	0.0%
RES	F	0.0%
CTLP	B	0.0%
WLDN	C	0.0%
CSV	B	0.0%
QTRX	D	0.0%
YORW	D	0.0%
BGS	F	0.0%
TIPT	B	0.0%
CYH	F	0.0%
CLNE	D	0.0%
EBF	D	0.0%
VREX	C	0.0%
GMRE	F	0.0%
ERAS	C	0.0%
IIIN	C	0.0%
ARKO	D	0.0%
IIIV	B	0.0%
ACCO	B	0.0%
FSBC	B	0.0%
THFF	B	0.0%
CRMD	C	0.0%
INDI	C	0.0%
ABUS	D	0.0%
CCO	D	0.0%
BHB	B	0.0%
SMBK	B	0.0%
MSBI	B	0.0%
YMAB	F	0.0%
FMNB	B	0.0%
PLOW	D	0.0%
OLO	B	0.0%
NAPA	A	0.0%
AVXL	C	0.0%
CVI	D	0.0%
GSBC	B	0.0%
IMXI	B	0.0%
EGY	F	0.0%
ACEL	C	0.0%
ATRO	F	0.0%
ANET	C	0.0%
NVRI	F	0.0%
AAOI	A	0.0%
SCHL	F	0.0%
RVNC	F	0.0%
CCNE	B	0.0%
EYPT	D	0.0%
SWBI	D	0.0%
FOR	F	0.0%
STGW	B	0.0%
SNCY	C	0.0%
CMRE	B	0.0%
HPP	F	0.0%
GDEN	B	0.0%
OFIX	B	0.0%
CBL	A	0.0%
DHC	F	0.0%
CMTG	D	0.0%
MCBS	B	0.0%
RYAM	B	0.0%
NR	C	0.0%
NRDS	C	0.0%
SMBC	B	0.0%
ORIC	D	0.0%
HY	D	0.0%
PGC	A	0.0%
CASS	B	0.0%
NBN	B	0.0%
LASR	D	0.0%
MLNK	C	0.0%
INOD	B	0.0%
ETD	D	0.0%
NAT	F	0.0%
HTBK	A	0.0%
AXGN	D	0.0%
SIBN	D	0.0%
OSPN	B	0.0%
RGR	F	0.0%
NTGR	A	0.0%
PUBM	D	0.0%
ADPT	C	0.0%
MCB	A	0.0%
EU	D	0.0%
MLAB	F	0.0%
IMNM	F	0.0%
ETWO	F	0.0%
EQBK	A	0.0%
BBUC	B	0.0%
INN	D	0.0%
PAX	C	0.0%
GOOD	B	0.0%
CDMO	A	0.0%
WLFC	C	0.0%
KELYA	F	0.0%
BJRI	B	0.0%
LPRO	C	0.0%
AMAL	B	0.0%
MTUS	F	0.0%
HZO	F	0.0%
WSR	A	0.0%
BFST	B	0.0%
GNK	C	0.0%
TRST	A	0.0%
GDOT	D	0.0%
PTLO	F	0.0%
KREF	D	0.0%
ZIP	D	0.0%
IRWD	D	0.0%
ANNX	F	0.0%
AXL	C	0.0%
AMTB	B	0.0%
CAC	B	0.0%
PACB	F	0.0%
FLNG	C	0.0%
SMP	C	0.0%
DJCO	B	0.0%
RYI	C	0.0%
CECO	C	0.0%
SGHC	A	0.0%
PUMP	C	0.0%
ORRF	B	0.0%
AHH	C	0.0%
ACHR	B	0.0%
GPRE	F	0.0%
GCI	D	0.0%
UTI	A	0.0%
HAYN	A	0.0%
SHEN	F	0.0%
SWI	B	0.0%
SPTN	F	0.0%
IBCP	B	0.0%
JBSS	F	0.0%
REX	C	0.0%
HSTM	B	0.0%
HCKT	B	0.0%
REPL	C	0.0%
MCW	C	0.0%
MEG	F	0.0%
PRTA	F	0.0%
IDT	B	0.0%
NBR	D	0.0%
RPAY	D	0.0%
YEXT	B	0.0%
OSBC	A	0.0%
BRSP	B	0.0%
CCB	A	0.0%
MBWM	B	0.0%
KOP	C	0.0%
PCRX	C	0.0%
CFB	B	0.0%
ASIX	B	0.0%
BELFB	C	0.0%
GLDD	B	0.0%
RSI	B	0.0%
DXPE	B	0.0%
BSIG	A	0.0%
APLD	C	0.0%
FCBC	B	0.0%
FIGS	F	0.0%
PRA	B	0.0%
VTLE	C	0.0%
CSTL	C	0.0%
WNC	C	0.0%
CPF	A	0.0%
HLF	C	0.0%
CGEM	F	0.0%
ETNB	D	0.0%
MLR	C	0.0%
PLYM	F	0.0%
RCUS	F	0.0%
TPB	A	0.0%
SSTK	F	0.0%
HCSG	B	0.0%
GRC	B	0.0%
EGBN	B	0.0%
LGF.A	F	0.0%
MNRO	B	0.0%
AGL	F	0.0%
MDXG	A	0.0%
VVI	B	0.0%
BLND	A	0.0%
CFFN	B	0.0%
FG	B	0.0%
DFH	F	0.0%
CTKB	C	0.0%

HDG Underweight 392 Positions Relative to ONEQ

Symbol	Grade	Weight
NVDA	B	-11.7%
AAPL	C	-11.09%
MSFT	D	-10.16%
AMZN	B	-7.09%
META	C	-4.14%
GOOGL	B	-3.4%
GOOG	B	-3.27%
TSLA	A	-3.05%
AVGO	C	-2.73%
COST	B	-1.29%
NFLX	A	-1.09%
TMUS	A	-0.85%
AMD	F	-0.78%
CSCO	B	-0.75%
PEP	F	-0.71%
ADBE	F	-0.71%
LIN	D	-0.7%
QCOM	F	-0.62%
TXN	B	-0.62%
INTU	B	-0.6%
ISRG	A	-0.59%
AMGN	F	-0.55%
CMCSA	B	-0.54%
BKNG	A	-0.52%
AMAT	F	-0.51%
HON	A	-0.45%
VRTX	C	-0.41%
ADP	B	-0.4%
PANW	B	-0.4%
MU	D	-0.4%
GILD	B	-0.38%
INTC	C	-0.36%
ADI	D	-0.36%
SBUX	A	-0.35%
LRCX	F	-0.33%
MELI	D	-0.29%
KLAC	F	-0.29%
MDLZ	F	-0.28%
SNPS	C	-0.28%
REGN	F	-0.28%
CTAS	B	-0.27%
PDD	F	-0.27%
EQIX	A	-0.27%
CME	A	-0.26%
MRVL	B	-0.26%
CDNS	B	-0.26%
PYPL	A	-0.26%
MAR	A	-0.24%
CRWD	B	-0.24%
CEG	D	-0.24%
ORLY	B	-0.23%
APP	A	-0.23%
ABNB	C	-0.21%
FTNT	B	-0.21%
ADSK	B	-0.21%
CSX	B	-0.21%
DASH	A	-0.21%
ASML	F	-0.2%
PCAR	B	-0.19%
TTD	B	-0.19%
NXPI	F	-0.19%
ROP	C	-0.19%
WDAY	C	-0.18%
MNST	B	-0.18%
CHTR	B	-0.18%
PAYX	B	-0.17%
COIN	A	-0.17%
CPRT	A	-0.17%
FANG	C	-0.17%
AEP	C	-0.16%
FAST	B	-0.16%
ROST	D	-0.15%
MSTR	A	-0.15%
ODFL	B	-0.15%
BKR	A	-0.14%
KDP	F	-0.14%
NDAQ	A	-0.14%
VRSK	B	-0.13%
KHC	F	-0.13%
MCHP	F	-0.13%
DDOG	B	-0.13%
GEHC	D	-0.13%
CTSH	B	-0.13%
EA	A	-0.13%
LULU	C	-0.12%
AZN	F	-0.12%
EXC	C	-0.12%
MPWR	F	-0.12%
TEAM	B	-0.12%
XEL	A	-0.12%
ACGL	D	-0.12%
AXON	A	-0.11%
CCEP	D	-0.11%
IDXX	F	-0.11%
ALNY	D	-0.11%
ANSS	B	-0.1%
EBAY	D	-0.1%
TSCO	D	-0.1%
TTWO	A	-0.1%
CSGP	F	-0.1%
WTW	B	-0.1%
ON	F	-0.1%
TCOM	B	-0.09%
UAL	A	-0.09%
DXCM	C	-0.09%
FITB	A	-0.09%
ZS	B	-0.09%
FCNCA	A	-0.09%
SBAC	C	-0.08%
WBD	B	-0.08%
LPLA	A	-0.08%
HBAN	A	-0.08%
NTAP	D	-0.08%
GFS	C	-0.08%
TROW	A	-0.08%
BIIB	F	-0.08%
ILMN	C	-0.08%
CDW	F	-0.08%
JD	D	-0.07%
ZBRA	B	-0.07%
ZM	B	-0.07%
ERIE	F	-0.07%
EXPE	A	-0.07%
FSLR	D	-0.07%
NTRS	A	-0.07%
PTC	B	-0.07%
CINF	A	-0.07%
MDB	C	-0.07%
STX	D	-0.07%
STLD	B	-0.07%
HOOD	A	-0.07%
WDC	F	-0.07%
SSNC	C	-0.06%
NTNX	B	-0.06%
TRMB	B	-0.06%
GEN	B	-0.06%
ICLR	F	-0.06%
UTHR	C	-0.06%
VRSN	F	-0.06%
PODD	A	-0.06%
ULTA	F	-0.06%
MANH	D	-0.06%
JBHT	C	-0.06%
DKNG	B	-0.06%
CG	B	-0.06%
IBKR	A	-0.06%
PFG	A	-0.06%
ARM	F	-0.06%
ARGX	B	-0.06%
CHKP	D	-0.06%
MRNA	F	-0.06%
TER	F	-0.06%
NDSN	C	-0.05%
SAIA	C	-0.05%
DOCU	B	-0.05%
SMCI	F	-0.05%
CASY	B	-0.05%
BSY	D	-0.05%
MORN	B	-0.05%
MNDY	C	-0.05%
VTRS	A	-0.05%
AKAM	F	-0.05%
SNY	D	-0.05%
INCY	B	-0.05%
NTRA	B	-0.05%
ENTG	F	-0.05%
TW	A	-0.05%
FLEX	B	-0.05%
GRAB	A	-0.05%
ALGN	C	-0.05%
HOLX	D	-0.05%
RGLD	A	-0.04%
SEIC	A	-0.04%
MTSI	B	-0.04%
MKTX	D	-0.04%
EXEL	B	-0.04%
BNTX	D	-0.04%
NWSA	B	-0.04%
LECO	C	-0.04%
HST	D	-0.04%
FUTU	C	-0.04%
DUOL	B	-0.04%
RPRX	F	-0.04%
CHRW	A	-0.04%
PAA	A	-0.04%
TXRH	B	-0.04%
SRPT	F	-0.04%
JKHY	D	-0.04%
GLPI	C	-0.04%
PCTY	B	-0.04%
TECH	F	-0.04%
NBIX	D	-0.04%
CYBR	A	-0.04%
FFIV	B	-0.04%
Z	A	-0.04%
LOGI	F	-0.04%
BMRN	F	-0.04%
LBRDK	C	-0.04%
EVRG	A	-0.04%
OKTA	D	-0.04%
TTEK	F	-0.04%
REG	A	-0.04%
AFRM	A	-0.04%
DLTR	F	-0.04%
PPC	B	-0.04%
CPB	D	-0.04%
BIDU	F	-0.04%
SOFI	A	-0.04%
LNT	A	-0.04%
SWKS	F	-0.04%
POOL	D	-0.04%
EWBC	A	-0.04%
VKTX	F	-0.03%
PNFP	A	-0.03%
HSIC	C	-0.03%
GLBE	A	-0.03%
RGEN	F	-0.03%
FRHC	A	-0.03%
APA	F	-0.03%
OLED	F	-0.03%
CHRD	D	-0.03%
MKSI	C	-0.03%
LSCC	D	-0.03%
AAL	B	-0.03%
CZR	F	-0.03%
PEGA	B	-0.03%
FOX	A	-0.03%
GTLB	C	-0.03%
OTEX	F	-0.03%
MTCH	F	-0.03%
SIRI	D	-0.03%
WYNN	D	-0.03%
LNW	F	-0.03%
BRKR	F	-0.03%
ROIV	D	-0.03%
MASI	B	-0.03%
ROKU	C	-0.03%
FYBR	C	-0.03%
NICE	C	-0.03%
LKQ	F	-0.03%
SAIC	D	-0.03%
PARA	D	-0.03%
HAS	D	-0.03%
WING	F	-0.03%
CHDN	C	-0.03%
ITCI	B	-0.03%
FOXA	B	-0.03%
CBSH	A	-0.03%
WIX	A	-0.03%
DOX	D	-0.03%
EXAS	F	-0.03%
WTFC	A	-0.03%
ENPH	F	-0.03%
COKE	D	-0.03%
BGNE	D	-0.03%
AAON	B	-0.03%
WWD	B	-0.03%
MEDP	D	-0.03%
LAMR	D	-0.03%
NTES	C	-0.03%
RIVN	F	-0.03%
XENE	D	-0.02%
IAC	F	-0.02%
BZ	F	-0.02%
NWS	B	-0.02%
APPF	C	-0.02%
CLBT	C	-0.02%
RARE	F	-0.02%
CRSP	D	-0.02%
TFSL	B	-0.02%
WBA	F	-0.02%
LOPE	B	-0.02%
COLM	B	-0.02%
QFIN	B	-0.02%
NWL	B	-0.02%
DJT	C	-0.02%
WMG	B	-0.02%
CACC	D	-0.02%
CHCI	D	-0.02%
FIVE	F	-0.02%
TIGO	D	-0.02%
EEFT	C	-0.02%
ALGM	F	-0.02%
IEP	F	-0.02%
CRUS	F	-0.02%
LI	F	-0.02%
LSTR	D	-0.02%
SHC	D	-0.02%
NCNO	B	-0.02%
SLM	A	-0.02%
LITE	B	-0.02%
AGNC	C	-0.02%
BPOP	D	-0.02%
CROX	F	-0.02%
GNTX	D	-0.02%
DBX	C	-0.02%
IONS	F	-0.02%
REYN	D	-0.02%
LCID	F	-0.02%
QXO	D	-0.02%
ETSY	D	-0.02%
HTHT	C	-0.02%
RCM	A	-0.02%
AMKR	F	-0.02%
WFRD	F	-0.02%
CFLT	B	-0.02%
LFUS	D	-0.02%
OLLI	D	-0.02%
LYFT	B	-0.02%
CELH	F	-0.02%
JAZZ	B	-0.02%
CGNX	D	-0.02%
NXST	D	-0.02%
ASND	F	-0.02%
MAT	D	-0.02%
TPG	A	-0.02%
FRPT	B	-0.02%
QRVO	F	-0.02%
XP	F	-0.02%
ZION	A	-0.02%
WSC	F	-0.02%
MIDD	C	-0.02%
BOKF	A	-0.02%
MMYT	C	-0.02%
COLB	B	-0.02%
NNDM	F	-0.01%
CNTA	C	-0.01%
GMAB	F	-0.01%
IMTX	F	-0.01%
GSM	C	-0.01%
PSNY	F	-0.01%
MOMO	D	-0.01%
BCYC	F	-0.01%
IQ	F	-0.01%
PYCR	C	-0.01%
ESTA	D	-0.01%
DLO	C	-0.01%
ASTL	B	-0.01%
PLYA	B	-0.01%
AMED	F	-0.01%
RNW	D	-0.01%
CLOV	D	-0.01%
IMCR	F	-0.01%
FTRE	D	-0.01%
DOOO	F	-0.01%
TLRY	F	-0.01%
RDWR	A	-0.01%
KRNT	A	-0.01%
MLCO	F	-0.01%
CRTO	D	-0.01%
SIMO	F	-0.01%
LBRDA	C	-0.01%
WB	D	-0.01%
TXG	F	-0.01%
IREN	C	-0.01%
SBLK	D	-0.01%
PAGP	A	-0.01%
AY	A	-0.01%
GTX	D	-0.01%
AZTA	F	-0.01%
YY	C	-0.01%
FIVN	C	-0.01%
TRMD	F	-0.01%
ATAT	A	-0.01%
CAR	C	-0.01%
ZLAB	C	-0.01%
XRAY	F	-0.01%
PINC	B	-0.01%
GDS	A	-0.01%
CNXC	F	-0.01%
VRNA	B	-0.01%
GGAL	A	-0.01%
PLTK	A	-0.01%
WEN	C	-0.01%
HCP	B	-0.01%
BILI	C	-0.01%
APLS	F	-0.01%
ERIC	B	-0.01%
FROG	C	-0.01%
ZG	A	-0.01%
PENN	C	-0.01%
MRUS	D	-0.01%
IRDM	D	-0.01%
ACHC	F	-0.01%
LEGN	F	-0.01%
VOD	D	-0.01%
AVT	C	-0.01%
BHF	B	-0.01%
FHB	B	-0.01%
VIRT	A	-0.01%
OZK	A	-0.01%
ARLP	A	-0.01%