ONEO vs. BTAL ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

ONEO

SPDR Russell 1000 Momentum Focus ETF

ONEO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Momentum 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 high momentum characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$118.33

Average Daily Volume

6,075

Number of Holdings ^*

884

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.52

Average Daily Volume

609,571

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	BTAL
30 Days	3.90%	-2.50%
60 Days	5.12%	0.57%
90 Days	6.85%	-0.91%
12 Months	24.98%	-1.36%

319 Overlapping Holdings

	Symbol	Grade	Weight in ONEO	Weight in BTAL	Overlap
	AA	D	0.0%	-0.43%	-0.43%
	ABBV	C	0.06%	0.41%	0.06%
	ACGL	C	0.74%	0.43%	0.43%
	ACN	C	0.06%	0.42%	0.06%
	ADC	C	0.01%	0.43%	0.01%
	ADP	B	0.08%	0.42%	0.08%
	AEE	C	0.05%	0.43%	0.05%
	AES	C	0.09%	-0.46%	-0.46%
	AIZ	B	0.09%	0.4%	0.09%
	AKAM	D	0.15%	0.4%	0.15%
	ALB	D	0.01%	-0.43%	-0.43%
	ALGN	D	0.08%	-0.45%	-0.45%
	ALL	B	0.04%	0.44%	0.04%
	ALLY	F	0.04%	-0.33%	-0.33%
	ALSN	B	0.3%	0.4%	0.3%
	AMCR	B	0.08%	0.41%	0.08%
	AMD	D	0.03%	-0.42%	-0.42%
	AMGN	B	0.06%	0.43%	0.06%
	AMKR	F	0.13%	-0.39%	-0.39%
	ANET	B	0.17%	-0.43%	-0.43%
	AON	B	0.07%	0.42%	0.07%
	APG	D	0.07%	-0.41%	-0.41%
	AR	F	0.03%	-0.42%	-0.42%
	ARE	C	0.01%	-0.46%	-0.46%
	ARMK	B	0.24%	0.45%	0.24%
	ARW	C	0.03%	0.39%	0.03%
	AVB	B	0.06%	0.44%	0.06%
	AVGO	C	0.04%	-0.42%	-0.42%
	AWK	B	0.03%	-0.44%	-0.44%
	AXON	B	0.04%	-0.46%	-0.46%
	AXS	B	0.06%	0.43%	0.06%
	AXTA	B	0.04%	-0.42%	-0.42%
	AZO	D	0.22%	0.31%	0.22%
	BBWI	F	0.12%	-0.39%	-0.39%
	BG	D	0.15%	0.41%	0.15%
	BKR	C	0.2%	0.4%	0.2%
	BLD	D	0.26%	-0.43%	-0.43%
	BLDR	C	0.48%	-0.45%	-0.45%
	BLK	B	0.06%	-0.45%	-0.45%
	BMRN	F	0.01%	0.32%	0.01%
	BMY	C	0.03%	0.43%	0.03%
	BRO	C	0.15%	0.42%	0.15%
	BWA	D	0.12%	0.4%	0.12%
	BWXT	D	0.08%	0.4%	0.08%
	BX	B	0.08%	-0.46%	-0.46%
	BXP	B	0.02%	-0.46%	-0.46%
	CACC	F	0.02%	0.41%	0.02%
	CACC	F	0.03%	0.41%	0.03%
	CACI	B	0.22%	0.44%	0.22%
	CARR	B	0.15%	-0.45%	-0.45%
	CB	B	0.2%	0.43%	0.2%
	CBOE	C	0.34%	0.42%	0.34%
	CBRE	A	0.2%	-0.44%	-0.44%
	CC	F	0.04%	-0.39%	-0.39%
	CCK	A	0.07%	0.43%	0.07%
	CCL	C	0.05%	-0.44%	-0.44%
	CE	F	0.29%	-0.39%	-0.39%
	CEG	C	0.01%	-0.44%	-0.44%
	CELH	F	0.05%	-0.35%	-0.35%
	CF	C	0.17%	0.4%	0.17%
	CFG	C	0.09%	-0.41%	-0.41%
	CHD	D	0.11%	0.43%	0.11%
	CHE	C	0.06%	0.4%	0.06%
	CHH	C	0.03%	0.41%	0.03%
	CHRW	B	0.02%	0.4%	0.02%
	CI	C	0.3%	0.44%	0.3%
	CINF	C	0.35%	0.42%	0.35%
	CLH	A	0.17%	0.41%	0.17%
	CMA	B	0.07%	-0.44%	-0.44%
	CME	C	0.04%	0.43%	0.04%
	CMG	C	0.14%	0.42%	0.14%
	CMS	C	0.1%	0.43%	0.1%
	CNC	D	0.5%	0.4%	0.4%
	CNM	F	0.26%	-0.34%	-0.34%
	COIN	F	0.01%	-0.34%	-0.34%
	COLM	C	0.08%	0.42%	0.08%
	COTY	F	0.01%	-0.41%	-0.41%
	CPB	C	0.07%	0.43%	0.07%
	CRL	F	0.04%	-0.43%	-0.43%
	CRWD	D	0.18%	-0.43%	-0.43%
	CSCO	C	0.08%	0.42%	0.08%
	CSGP	D	0.02%	-0.43%	-0.43%
	CSX	D	0.07%	0.42%	0.07%
	CTSH	C	0.41%	0.42%	0.41%
	CVNA	B	0.09%	-0.41%	-0.41%
	CW	B	0.15%	0.4%	0.15%
	CWEN	C	0.01%	-0.43%	-0.43%
	CZR	C	0.01%	-0.44%	-0.44%
	D	C	0.11%	-0.44%	-0.44%
	DAL	C	0.44%	-0.47%	-0.47%
	DASH	C	0.38%	-0.43%	-0.43%
	DAY	D	0.02%	-0.43%	-0.43%
	DBX	D	0.24%	0.42%	0.24%
	DD	B	0.11%	0.42%	0.11%
	DECK	C	0.2%	0.37%	0.2%
	DELL	D	0.23%	-0.44%	-0.44%
	DGX	B	0.1%	0.42%	0.1%
	DINO	F	0.14%	-0.4%	-0.4%
	DKNG	C	0.04%	-0.46%	-0.46%
	DKS	D	0.48%	-0.38%	-0.38%
	DLB	F	0.07%	0.41%	0.07%
	DOX	C	0.11%	0.42%	0.11%
	DRI	B	0.14%	0.43%	0.14%
	DUK	C	0.12%	0.43%	0.12%
	DUOL	B	0.05%	-0.47%	-0.47%
	DVN	F	0.19%	0.37%	0.19%
	ED	C	0.12%	0.44%	0.12%
	EFX	B	0.05%	-0.42%	-0.42%
	EG	C	0.33%	0.43%	0.33%
	EL	F	0.01%	-0.39%	-0.39%
	ELF	F	0.01%	-0.32%	-0.32%
	ELS	C	0.03%	0.44%	0.03%
	ELV	C	0.23%	0.44%	0.23%
	EQR	B	0.06%	0.44%	0.06%
	EQT	D	0.0%	-0.43%	-0.43%
	ETN	C	0.07%	-0.43%	-0.43%
	EW	F	0.03%	-0.42%	-0.42%
	EXP	B	0.25%	-0.47%	-0.47%
	EXPE	C	0.66%	-0.41%	-0.41%
	F	F	0.09%	-0.41%	-0.41%
	FANG	D	0.53%	0.37%	0.37%
	FCN	D	0.04%	0.42%	0.04%
	FCX	D	0.1%	-0.4%	-0.4%
	FFIV	B	0.34%	0.45%	0.34%
	FLO	C	0.06%	0.43%	0.06%
	FMC	C	0.01%	0.4%	0.01%
	FND	C	0.17%	-0.44%	-0.44%
	FOXA	B	0.09%	0.4%	0.09%
	FTNT	C	0.48%	0.42%	0.42%
	FYBR	C	0.22%	-0.52%	-0.52%
	G	C	0.03%	0.41%	0.03%
	GD	B	0.17%	0.43%	0.17%
	GILD	B	0.09%	0.45%	0.09%
	GIS	B	0.07%	0.44%	0.07%
	GLPI	C	0.06%	0.42%	0.06%
	GLW	C	0.05%	0.42%	0.05%
	GNRC	D	0.08%	-0.38%	-0.38%
	GPC	D	0.13%	0.4%	0.13%
	HEI	B	0.01%	0.44%	0.01%
	HEI	B	0.01%	0.44%	0.01%
	HIG	B	0.33%	0.43%	0.33%
	HON	D	0.04%	0.41%	0.04%
	HPQ	D	0.15%	0.39%	0.15%
	HRB	C	0.34%	0.42%	0.34%
	HUM	F	0.36%	0.38%	0.36%
	IBKR	B	0.08%	0.42%	0.08%
	IBM	B	0.22%	0.45%	0.22%
	IDXX	C	0.07%	-0.46%	-0.46%
	INTC	F	0.01%	-0.44%	-0.44%
	ITT	B	0.23%	-0.42%	-0.42%
	J	C	0.18%	0.4%	0.18%
	JAZZ	D	0.04%	0.39%	0.04%
	JHG	B	0.12%	-0.42%	-0.42%
	JLL	B	0.1%	-0.43%	-0.43%
	JNJ	C	0.03%	0.43%	0.03%
	JNPR	B	0.05%	0.41%	0.05%
	KBR	D	0.04%	0.37%	0.04%
	KHC	C	0.08%	0.41%	0.08%
	KKR	B	0.02%	-0.44%	-0.44%
	KMI	B	0.09%	0.42%	0.09%
	KMX	D	0.04%	-0.39%	-0.39%
	KO	C	0.02%	0.42%	0.02%
	KR	C	0.36%	0.44%	0.36%
	KRC	C	0.02%	-0.44%	-0.44%
	KSS	F	0.04%	-0.41%	-0.41%
	L	C	0.11%	0.41%	0.11%
	LAMR	B	0.16%	-0.46%	-0.46%
	LITE	B	0.01%	-0.42%	-0.42%
	LMT	C	0.08%	0.4%	0.08%
	LNG	C	0.04%	0.42%	0.04%
	LNT	B	0.05%	0.43%	0.05%
	LPLA	D	0.24%	0.37%	0.24%
	LPX	B	0.03%	-0.43%	-0.43%
	LRCX	F	0.33%	-0.38%	-0.38%
	LULU	D	0.07%	0.4%	0.07%
	LYV	B	0.12%	-0.45%	-0.45%
	MAN	C	0.04%	0.41%	0.04%
	MCD	B	0.03%	0.41%	0.03%
	MCK	F	0.65%	0.41%	0.41%
	MDB	D	0.01%	-0.52%	-0.52%
	MDU	C	0.08%	0.45%	0.08%
	MGM	F	0.08%	-0.41%	-0.41%
	MKC	C	0.02%	0.45%	0.02%
	MKL	C	0.26%	0.47%	0.26%
	MKSI	F	0.01%	-0.39%	-0.39%
	MMC	C	0.14%	0.41%	0.14%
	MOH	D	0.33%	0.43%	0.33%
	MOS	F	0.04%	0.36%	0.04%
	MPWR	C	0.29%	-0.35%	-0.35%
	MRVL	C	0.06%	-0.45%	-0.45%
	MSA	D	0.02%	0.41%	0.02%
	MSFT	C	0.13%	0.43%	0.13%
	MSI	B	0.19%	0.44%	0.19%
	MSM	D	0.04%	0.41%	0.04%
	MSTR	D	0.01%	0.4%	0.01%
	MTCH	C	0.06%	0.39%	0.06%
	MTDR	F	0.1%	-0.37%	-0.37%
	MUSA	D	0.2%	0.43%	0.2%
	NET	D	0.01%	-0.41%	-0.41%
	NEU	D	0.14%	0.45%	0.14%
	NOC	B	0.06%	0.41%	0.06%
	NRG	C	0.25%	-0.41%	-0.41%
	NTRS	A	0.04%	-0.43%	-0.43%
	NVDA	D	0.14%	-0.38%	-0.38%
	NVT	D	0.08%	-0.42%	-0.42%
	NWL	C	0.04%	0.45%	0.04%
	O	C	0.01%	0.42%	0.01%
	OC	D	0.41%	-0.38%	-0.38%
	OHI	B	0.03%	0.43%	0.03%
	OLLI	C	0.15%	0.43%	0.15%
	ON	D	0.09%	0.38%	0.09%
	ORI	B	0.1%	0.42%	0.1%
	ORLY	C	0.16%	0.45%	0.16%
	OWL	C	0.03%	-0.43%	-0.43%
	OXY	F	0.09%	0.37%	0.09%
	OZK	D	0.07%	-0.41%	-0.41%
	PAG	D	0.02%	0.39%	0.02%
	PATH	D	0.01%	-0.41%	-0.41%
	PAYC	D	0.32%	0.44%	0.32%
	PAYX	C	0.15%	0.43%	0.15%
	PCAR	D	0.3%	0.42%	0.3%
	PCTY	C	0.03%	0.41%	0.03%
	PFGC	B	0.42%	-0.43%	-0.43%
	PGR	B	0.21%	0.43%	0.21%
	PINS	F	0.13%	-0.39%	-0.39%
	PKG	B	0.19%	0.43%	0.19%
	PLD	C	0.02%	-0.42%	-0.42%
	PLTR	B	0.05%	-0.5%	-0.5%
	PNFP	B	0.05%	-0.41%	-0.41%
	PNW	C	0.06%	0.44%	0.06%
	PWR	B	0.15%	-0.41%	-0.41%
	PYPL	B	0.16%	-0.42%	-0.42%
	REG	C	0.03%	0.44%	0.03%
	RF	B	0.09%	-0.41%	-0.41%
	RGA	C	0.1%	0.43%	0.1%
	RGEN	D	0.01%	-0.4%	-0.4%
	RH	B	0.02%	-0.52%	-0.52%
	RKT	C	0.01%	-0.42%	-0.42%
	RLI	B	0.07%	0.42%	0.07%
	RMD	C	0.06%	-0.45%	-0.45%
	RNR	C	0.39%	0.45%	0.39%
	ROP	C	0.07%	0.44%	0.07%
	RRC	D	0.03%	-0.42%	-0.42%
	RSG	D	0.12%	0.41%	0.12%
	RTX	C	0.06%	0.41%	0.06%
	RYAN	D	0.01%	0.42%	0.01%
	RYN	C	0.02%	-0.44%	-0.44%
	SAIA	D	0.18%	-0.48%	-0.48%
	SAIC	C	0.21%	0.44%	0.21%
	SCHW	D	0.03%	-0.42%	-0.42%
	SEE	D	0.01%	-0.42%	-0.42%
	SHW	B	0.13%	-0.45%	-0.45%
	SLGN	B	0.03%	0.42%	0.03%
	SMCI	F	0.22%	-0.36%	-0.36%
	SMG	C	0.04%	-0.42%	-0.42%
	SNA	C	0.24%	0.42%	0.24%
	SNV	C	0.05%	-0.42%	-0.42%
	SNX	D	0.2%	0.39%	0.2%
	SQ	D	0.03%	-0.42%	-0.42%
	SSD	D	0.18%	-0.42%	-0.42%
	ST	D	0.01%	0.38%	0.01%
	T	C	0.17%	0.47%	0.17%
	TDY	B	0.06%	0.43%	0.06%
	TER	D	0.18%	-0.39%	-0.39%
	TFX	C	0.02%	-0.44%	-0.44%
	TGT	C	0.14%	-0.41%	-0.41%
	THG	B	0.02%	0.44%	0.02%
	THO	D	0.11%	-0.39%	-0.39%
	TJX	B	0.21%	0.42%	0.21%
	TMUS	C	0.04%	0.41%	0.04%
	TOL	B	0.57%	-0.45%	-0.45%
	TOST	C	0.13%	-0.45%	-0.45%
	TPG	B	0.03%	-0.48%	-0.48%
	TREX	D	0.09%	-0.43%	-0.43%
	TROW	D	0.11%	-0.41%	-0.41%
	TRU	B	0.04%	-0.44%	-0.44%
	TRV	C	0.16%	0.46%	0.16%
	TT	B	0.18%	-0.44%	-0.44%
	TTD	B	0.14%	-0.43%	-0.43%
	TXRH	C	0.24%	0.41%	0.24%
	TXT	D	0.2%	0.41%	0.2%
	UBER	C	0.06%	-0.42%	-0.42%
	UGI	C	0.01%	-0.42%	-0.42%
	UNH	C	0.04%	0.41%	0.04%
	UNM	B	0.11%	0.43%	0.11%
	URI	B	0.41%	-0.44%	-0.44%
	USB	B	0.06%	-0.41%	-0.41%
	USFD	B	0.3%	-0.44%	-0.44%
	UTHR	C	0.28%	0.41%	0.28%
	VEEV	C	0.06%	-0.45%	-0.45%
	VFC	C	0.02%	0.43%	0.02%
	VICI	C	0.1%	0.43%	0.1%
	VNO	C	0.02%	-0.46%	-0.46%
	VRSN	D	0.03%	0.42%	0.03%
	VRT	C	0.2%	-0.46%	-0.46%
	VST	C	0.53%	-0.44%	-0.44%
	VTRS	D	0.16%	0.42%	0.16%
	VZ	B	0.14%	0.45%	0.14%
	W	D	0.01%	-0.47%	-0.47%
	WAL	B	0.04%	-0.43%	-0.43%
	WCC	D	0.18%	-0.42%	-0.42%
	WEC	C	0.08%	0.43%	0.08%
	WELL	C	0.01%	0.45%	0.01%
	WEN	C	0.01%	0.43%	0.01%
	WH	B	0.03%	0.42%	0.03%
	WM	D	0.12%	0.41%	0.12%
	WMS	D	0.11%	-0.4%	-0.4%
	WPC	C	0.04%	0.45%	0.04%
	WRB	C	0.19%	0.41%	0.19%
	WTM	D	0.01%	0.34%	0.01%
	WTW	C	0.06%	0.41%	0.06%
	X	F	0.09%	0.4%	0.09%
	XEL	B	0.1%	0.44%	0.1%
	XOM	C	0.03%	0.39%	0.03%
	XPO	D	0.04%	-0.39%	-0.39%
	YUM	D	0.06%	0.41%	0.06%
	ZI	D	0.03%	0.45%	0.03%
	ZION	D	0.06%	-0.4%	-0.4%
	ZS	F	0.05%	-0.38%	-0.38%

ONEO Overweight 565 Positions Relative to BTAL

	Symbol	Grade	Weight
	PHM	B	0.92%
	LEN	B	0.78%
	DHI	B	0.74%
	CAH	C	0.6%
	GDDY	C	0.59%
	CASY	D	0.54%
	WSM	D	0.52%
	JBL	D	0.48%
	LDOS	B	0.45%
	NTAP	D	0.43%
	FCNCA	D	0.43%
	SYF	C	0.42%
	APP	C	0.41%
	NVR	B	0.41%
	BJ	D	0.4%
	NUE	F	0.39%
	THC	A	0.39%
	STLD	F	0.38%
	SOLV	C	0.38%
	SWKS	D	0.37%
	EME	B	0.37%
	CMI	C	0.36%
	KLAC	D	0.36%
	ADM	D	0.35%
	KNSL	C	0.34%
	MO	C	0.32%
	EOG	D	0.31%
	MPC	F	0.31%
	CPNG	B	0.3%
	RCL	B	0.29%
	SPG	B	0.29%
	EBAY	B	0.29%
	SKX	D	0.29%
	GM	C	0.29%
	IT	B	0.29%
	UHS	B	0.27%
	MANH	B	0.27%
	TSCO	C	0.27%
	VLO	F	0.27%
	TPR	C	0.27%
	COF	B	0.26%
	EPAM	F	0.26%
	MTG	B	0.26%
	CHRD	F	0.26%
	MRO	D	0.26%
	RL	C	0.26%
	ROST	C	0.25%
	SYY	D	0.25%
	CRUS	D	0.25%
	INGR	B	0.25%
	FIX	B	0.25%
	AMAT	D	0.25%
	TSN	C	0.25%
	COKE	C	0.24%
	PEG	C	0.24%
	GRMN	D	0.24%
	ETR	B	0.24%
	AFL	C	0.23%
	MAS	B	0.23%
	RS	D	0.23%
	DVA	B	0.23%
	AYI	B	0.23%
	BBY	C	0.22%
	GWW	B	0.22%
	EVR	A	0.22%
	FDX	C	0.22%
	APH	D	0.21%
	PVH	F	0.21%
	AMG	C	0.21%
	BKNG	C	0.21%
	SNPS	F	0.2%
	FTI	D	0.2%
	IP	B	0.2%
	INTU	C	0.2%
	WMB	B	0.19%
	OSK	F	0.19%
	HII	D	0.19%
	CSL	B	0.19%
	CPAY	B	0.19%
	NOW	B	0.19%
	FICO	B	0.19%
	ULTA	D	0.19%
	HPE	D	0.19%
	LII	B	0.18%
	OMC	B	0.18%
	AOS	D	0.18%
	PSTG	F	0.18%
	GEHC	C	0.18%
	CL	D	0.18%
	ODFL	D	0.17%
	FAST	C	0.17%
	ONTO	D	0.17%
	HLI	B	0.17%
	CVS	D	0.17%
	CTRA	F	0.17%
	CAT	B	0.17%
	WFRD	F	0.17%
	MAR	C	0.17%
	PSN	B	0.17%
	BR	D	0.17%
	ATO	B	0.17%
	R	A	0.17%
	LUV	C	0.17%
	HST	C	0.17%
	HLT	B	0.17%
	A	C	0.17%
	GL	C	0.17%
	WAB	A	0.16%
	REGN	C	0.16%
	ADSK	C	0.16%
	DFS	C	0.16%
	CDNS	D	0.16%
	AGO	C	0.16%
	PANW	D	0.16%
	EMN	B	0.16%
	GAP	F	0.16%
	EXEL	C	0.15%
	COP	D	0.15%
	QRVO	F	0.15%
	PSX	F	0.15%
	BRBR	C	0.15%
	DXC	C	0.15%
	WU	F	0.15%
	TPL	B	0.15%
	VVV	D	0.15%
	QCOM	D	0.15%
	GNTX	F	0.15%
	BURL	B	0.15%
	KEYS	C	0.15%
	KEX	C	0.14%
	EIX	C	0.14%
	SRE	C	0.14%
	LNW	B	0.14%
	EHC	C	0.14%
	PNR	B	0.14%
	FDS	C	0.14%
	WDAY	D	0.14%
	AEP	C	0.14%
	CRM	D	0.14%
	LOPE	D	0.14%
	IR	C	0.14%
	GEV	B	0.14%
	MEDP	F	0.14%
	HAL	F	0.14%
	CDW	D	0.14%
	WSO	C	0.14%
	MCHP	F	0.14%
	MTZ	B	0.14%
	ADBE	F	0.14%
	PCG	C	0.13%
	BAH	C	0.13%
	ROK	D	0.13%
	FITB	B	0.13%
	CHK	D	0.13%
	HCA	B	0.13%
	PSA	B	0.13%
	ADI	C	0.13%
	CROX	D	0.13%
	DLTR	F	0.13%
	NXST	D	0.13%
	MCO	B	0.13%
	NYT	C	0.13%
	MHK	C	0.13%
	HWM	B	0.13%
	MLM	D	0.13%
	CHTR	D	0.13%
	WBD	D	0.12%
	NCLH	C	0.12%
	RPM	B	0.12%
	CNP	C	0.12%
	WING	B	0.12%
	KMB	D	0.12%
	M	F	0.12%
	LYB	D	0.12%
	CTAS	B	0.12%
	K	B	0.11%
	LSCC	D	0.11%
	TDC	F	0.11%
	AAON	B	0.11%
	META	B	0.11%
	FLS	D	0.11%
	EWBC	D	0.11%
	PRI	B	0.11%
	VMC	D	0.11%
	TW	B	0.11%
	TPX	C	0.11%
	EA	D	0.11%
	NFG	B	0.11%
	PPL	C	0.11%
	CR	C	0.11%
	DOV	B	0.11%
	DCI	C	0.11%
	GE	B	0.11%
	DPZ	F	0.11%
	SLB	F	0.11%
	NI	B	0.11%
	HOG	C	0.11%
	LECO	F	0.11%
	AFG	B	0.11%
	OMF	D	0.1%
	NBIX	F	0.1%
	UAL	C	0.1%
	VLTO	C	0.1%
	POOL	C	0.1%
	ROL	C	0.1%
	LOW	B	0.1%
	JCI	B	0.1%
	ATR	B	0.1%
	MTB	B	0.1%
	VRTX	D	0.1%
	AVY	C	0.1%
	FNF	B	0.1%
	MSCI	C	0.1%
	OLED	C	0.1%
	AWI	B	0.1%
	SEIC	C	0.1%
	FE	C	0.09%
	HUBB	B	0.09%
	ALLE	B	0.09%
	RGLD	C	0.09%
	TEAM	D	0.09%
	PM	C	0.09%
	DE	B	0.09%
	APO	C	0.09%
	CMCSA	D	0.09%
	MAT	C	0.09%
	ACM	B	0.09%
	EXPD	C	0.09%
	CPRT	D	0.09%
	COST	B	0.09%
	DT	C	0.09%
	BK	B	0.09%
	WWD	D	0.09%
	AXP	B	0.09%
	TYL	C	0.09%
	OTIS	C	0.09%
	WST	D	0.09%
	EXC	C	0.09%
	AZEK	C	0.09%
	NWSA	D	0.09%
	ABNB	D	0.09%
	SO	B	0.09%
	DTM	B	0.09%
	RHI	D	0.08%
	SPOT	B	0.08%
	VSTS	D	0.08%
	AAPL	C	0.08%
	CUBE	C	0.08%
	CIEN	C	0.08%
	DOCU	C	0.08%
	POST	C	0.08%
	GTES	C	0.08%
	WEX	C	0.08%
	EEFT	D	0.08%
	ECL	B	0.08%
	PNC	B	0.08%
	ESAB	C	0.08%
	CLF	F	0.08%
	AMP	A	0.08%
	LEA	F	0.08%
	ALK	C	0.08%
	SSNC	B	0.08%
	VRSK	D	0.08%
	KEY	B	0.08%
	AVTR	B	0.08%
	HBAN	B	0.08%
	OGE	C	0.08%
	DDOG	D	0.08%
	DOW	D	0.08%
	OLN	D	0.08%
	BYD	C	0.07%
	KD	D	0.07%
	GOOGL	D	0.07%
	GPK	B	0.07%
	APD	B	0.07%
	AIG	D	0.07%
	JWN	C	0.07%
	TAP	D	0.07%
	PRU	C	0.07%
	AL	D	0.07%
	TTEK	C	0.07%
	UHAL	A	0.07%
	FTV	C	0.07%
	EVRG	B	0.07%
	DTE	C	0.07%
	ITW	C	0.07%
	YETI	D	0.07%
	AM	C	0.07%
	BALL	C	0.07%
	ACI	F	0.07%
	GLOB	D	0.06%
	DG	F	0.06%
	ISRG	B	0.06%
	ZM	C	0.06%
	MMM	B	0.06%
	HD	B	0.06%
	IEX	D	0.06%
	SITE	C	0.06%
	WTFC	C	0.06%
	GGG	C	0.06%
	MTSI	D	0.06%
	WY	C	0.06%
	SBUX	C	0.06%
	SCI	B	0.06%
	IPG	C	0.06%
	RBC	C	0.06%
	AME	C	0.06%
	BRK.A	C	0.06%
	FHN	D	0.06%
	JBHT	D	0.06%
	TXN	C	0.06%
	SN	B	0.06%
	JKHY	B	0.06%
	NU	B	0.06%
	MDLZ	B	0.06%
	MET	B	0.06%
	ATI	D	0.06%
	MTD	D	0.06%
	NOV	F	0.06%
	GOOG	D	0.06%
	WYNN	D	0.06%
	CRI	D	0.06%
	NDAQ	A	0.06%
	NSC	C	0.05%
	LSTR	D	0.05%
	SYK	C	0.05%
	GO	F	0.05%
	UNP	C	0.05%
	BPOP	C	0.05%
	UPS	D	0.05%
	DV	F	0.05%
	STZ	D	0.05%
	CIVI	F	0.05%
	LHX	C	0.05%
	PPG	D	0.05%
	NEE	C	0.05%
	TNL	D	0.05%
	HUBS	D	0.05%
	NNN	C	0.05%
	SF	A	0.05%
	PTC	D	0.05%
	BSX	B	0.05%
	OGN	D	0.05%
	DLR	B	0.05%
	HXL	F	0.05%
	IQV	C	0.05%
	FSLR	C	0.05%
	EXR	B	0.05%
	H	C	0.05%
	VNT	F	0.05%
	WBS	D	0.05%
	LIN	B	0.05%
	ENTG	F	0.05%
	TKR	D	0.05%
	AAP	F	0.05%
	ESS	B	0.05%
	TDG	B	0.05%
	GPN	D	0.05%
	LKQ	F	0.05%
	OVV	F	0.05%
	WLK	D	0.05%
	GWRE	A	0.05%
	SPB	C	0.05%
	STE	C	0.05%
	NKE	D	0.04%
	NDSN	C	0.04%
	SPGI	B	0.04%
	AGCO	D	0.04%
	AJG	D	0.04%
	STT	B	0.04%
	SON	C	0.04%
	WFC	D	0.04%
	CHDN	C	0.04%
	SWN	D	0.04%
	CLX	C	0.04%
	BERY	B	0.04%
	KVUE	C	0.04%
	GTLB	D	0.04%
	IFF	B	0.04%
	PCOR	F	0.04%
	ZTS	C	0.04%
	LEN	B	0.04%
	FRPT	B	0.04%
	CVX	D	0.04%
	FTRE	D	0.04%
	SWK	B	0.04%
	BRX	B	0.04%
	ANSS	D	0.04%
	BFAM	C	0.04%
	KDP	B	0.04%
	TRGP	B	0.04%
	FOX	B	0.04%
	HES	F	0.04%
	PR	F	0.04%
	AMZN	C	0.04%
	APTV	D	0.04%
	NTNX	C	0.04%
	IRM	C	0.04%
	ESI	D	0.04%
	DDS	F	0.04%
	MDT	C	0.04%
	NFLX	B	0.04%
	BC	C	0.04%
	KIM	C	0.04%
	EQH	C	0.04%
	CTVA	B	0.04%
	HOLX	C	0.03%
	ABT	C	0.03%
	PH	B	0.03%
	MA	B	0.03%
	FIS	B	0.03%
	INVH	C	0.03%
	AMH	C	0.03%
	TTC	D	0.03%
	PEP	C	0.03%
	TMO	B	0.03%
	HSY	C	0.03%
	ES	C	0.03%
	CCI	C	0.03%
	BAX	C	0.03%
	PG	C	0.03%
	DHR	B	0.03%
	FRT	C	0.03%
	UDR	C	0.03%
	WSC	D	0.03%
	CBSH	C	0.03%
	TECH	C	0.03%
	RNG	F	0.03%
	FNB	C	0.03%
	COLB	B	0.03%
	TFC	C	0.03%
	ICE	C	0.03%
	HIW	B	0.03%
	MKTX	C	0.03%
	NSA	B	0.03%
	SBAC	C	0.03%
	MAA	B	0.03%
	BRKR	D	0.03%
	SMAR	C	0.03%
	LFUS	C	0.03%
	WMT	C	0.03%
	CPT	B	0.03%
	CRBG	D	0.03%
	RPRX	C	0.03%
	NWS	D	0.03%
	PFG	B	0.03%
	ARES	B	0.03%
	TRIP	F	0.03%
	OKTA	F	0.03%
	UA	D	0.03%
	PRGO	D	0.03%
	UAA	C	0.03%
	MORN	C	0.03%
	VIRT	C	0.03%
	APA	F	0.03%
	PPC	D	0.03%
	SLM	D	0.03%
	CAG	C	0.03%
	AN	D	0.03%
	AAL	D	0.03%
	SNOW	F	0.03%
	WTRG	D	0.03%
	AMT	C	0.02%
	IAC	C	0.02%
	EPR	B	0.02%
	CTLT	B	0.02%
	XP	D	0.02%
	MASI	F	0.02%
	ZBRA	B	0.02%
	VMI	D	0.02%
	BAC	D	0.02%
	BEN	F	0.02%
	UHAL	A	0.02%
	SCCO	D	0.02%
	STAG	C	0.02%
	INSP	C	0.02%
	DOC	C	0.02%
	FAF	B	0.02%
	HRL	C	0.02%
	MRK	D	0.02%
	VOYA	B	0.02%
	ASH	D	0.02%
	AMED	C	0.02%
	TWLO	D	0.02%
	PB	B	0.02%
	EQIX	C	0.02%
	SRCL	A	0.02%
	MIDD	D	0.02%
	INCY	C	0.02%
	SJM	C	0.02%
	GXO	D	0.02%
	SAM	F	0.02%
	PLNT	B	0.02%
	ACHC	C	0.02%
	REYN	C	0.02%
	IPGP	F	0.02%
	RJF	C	0.02%
	MSGS	B	0.02%
	PK	D	0.02%
	DIS	D	0.02%
	FR	B	0.02%
	DXCM	F	0.02%
	QGEN	C	0.02%
	LVS	D	0.02%
	EGP	B	0.02%
	CNH	D	0.02%
	RRX	C	0.02%
	IDA	C	0.02%
	BSY	D	0.02%
	MTN	D	0.02%
	S	C	0.02%
	V	C	0.02%
	MNST	D	0.02%
	FIVE	D	0.02%
	ZBH	F	0.02%
	BDX	D	0.02%
	TRMB	C	0.02%
	BA	F	0.01%
	BOKF	B	0.01%
	ENOV	D	0.01%
	SPR	D	0.01%
	INFA	D	0.01%
	AGR	B	0.01%
	CGNX	F	0.01%
	SNDR	B	0.01%
	SEB	D	0.01%
	REXR	C	0.01%
	IVZ	B	0.01%
	NCNO	D	0.01%
	JEF	B	0.01%
	PEGA	C	0.01%
	VTR	C	0.01%
	HSIC	C	0.01%
	DNB	C	0.01%
	LAD	D	0.01%
	JPM	D	0.01%
	APPF	D	0.01%
	CNA	C	0.01%
	VKTX	C	0.01%
	CFR	C	0.01%
	HAS	B	0.01%
	CUZ	B	0.01%
	LLY	C	0.01%
	GFS	F	0.01%
	PII	D	0.01%
	HAYW	C	0.01%
	EMR	D	0.01%
	LBRDK	F	0.01%
	ETSY	F	0.01%
	FHB	D	0.01%
	CLVT	D	0.01%
	KNX	C	0.01%
	LW	D	0.01%
	WAT	C	0.01%
	PINC	C	0.01%
	ADTN	D	0.01%
	C	D	0.01%
	AZTA	F	0.01%
	STWD	A	0.01%
	DOCS	B	0.01%
	GS	C	0.01%
	HUN	D	0.01%
	WHR	D	0.01%
	ESTC	F	0.0%
	VAC	F	0.0%

ONEO Underweight 71 Positions Relative to BTAL

	Symbol	Grade	Weight
	SBRA	C	-0.47%
	ERIE	B	-0.47%
	PNM	B	-0.44%
	HQY	C	-0.43%
	SIGI	D	-0.43%
	PFE	C	-0.43%
	SFM	B	-0.43%
	EDR	A	-0.42%
	NEM	B	-0.42%
	FOXF	D	-0.42%
	TGNA	D	-0.42%
	CFLT	F	-0.41%
	ASGN	D	-0.41%
	TNET	F	-0.4%
	AVT	C	-0.39%
	BILL	D	-0.39%
	MUR	F	-0.38%
	SRPT	D	-0.37%
	AGL	F	-0.32%
	WOLF	F	--0.28%
	BRZE	F	--0.32%
	ARWR	F	--0.36%
	DAR	F	--0.36%
	SEDG	F	--0.36%
	MU	F	--0.37%
	RMBS	F	--0.37%
	MRNA	F	--0.37%
	RIVN	F	--0.38%
	CHX	F	--0.38%
	RIG	F	--0.38%
	POWI	F	--0.38%
	RUN	C	--0.39%
	PEN	D	--0.39%
	LNC	D	--0.39%
	ENPH	D	--0.39%
	CNXC	F	--0.39%
	CAR	F	--0.39%
	WBA	F	--0.4%
	ELAN	D	--0.4%
	TXG	D	--0.4%
	COHR	C	--0.4%
	GTLS	F	--0.4%
	NTLA	F	--0.4%
	PTON	C	--0.41%
	ILMN	C	--0.41%
	GH	D	--0.41%
	GME	F	--0.41%
	OPEN	D	--0.42%
	NVCR	D	--0.42%
	CRSP	F	--0.42%
	AGNC	B	--0.43%
	FOUR	C	--0.43%
	CG	D	--0.43%
	SNAP	F	--0.43%
	HHH	C	--0.43%
	LYFT	D	--0.43%
	NWE	B	--0.44%
	RBLX	B	--0.44%
	PENN	D	--0.44%
	HOOD	C	--0.44%
	SOFI	C	--0.44%
	NTRA	C	--0.45%
	ROKU	C	--0.45%
	TSLA	C	--0.45%
	Z	B	--0.46%
	IOT	B	--0.47%
	TDOC	D	--0.48%
	SHLS	D	--0.5%
	DNLI	C	--0.51%
	PODD	B	--0.51%
	AFRM	C	--0.57%

ONEO: Top Represented Industries & Keywords

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

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

BTAL: Top Represented Industries & Keywords

Industries: Software - Application Insurance - Property & Casualty Software - Infrastructure Biotechnology Semiconductors Utilities - Regulated Electric Asset Management Banks - Regional - US Specialty Retail Aerospace & Defense Business Services Oil & Gas E&P Building Materials Information Technology Services Restaurants Diagnostics & Research Drug Manufacturers - Major Health Care Plans Diversified Industrials Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Computing Insurance Products Electricity Real Estate Investment Trust Aerospace Chemical Semiconductor Telecommunications Banking Cloud Computing Electronics IBD 50 Medicine Bank Biotechnology Casualty Insurance