ONEO vs. QVMM ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)

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

$118.28

Average Daily Volume

6,108

Number of Holdings ^*

884

* may have additional holdings in another (foreign) market

QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

QVMM Description

The investment seeks to track the investment results of the S&P MidCap 400 Â® Quality, Value & Momentum Top 90% Multi- Factor Index (the âunderlying indexâ). The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P MidCap 400 Â® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.65

Average Daily Volume

3,275

Number of Holdings ^*

352

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	QVMM
30 Days	1.53%	0.32%
60 Days	7.62%	5.27%
90 Days	7.84%	6.45%
12 Months	28.56%	27.04%

259 Overlapping Holdings

Symbol	Grade	Weight in ONEO	Weight in QVMM	Overlap
AA	C	0.01%	0.38%	0.01%
AAON	B	0.12%	0.28%	0.12%
ACHC	F	0.02%	0.27%	0.02%
ACM	B	0.09%	0.53%	0.09%
ADC	B	0.01%	0.26%	0.01%
AFG	B	0.11%	0.33%	0.11%
AGCO	D	0.04%	0.22%	0.04%
ALLY	F	0.04%	0.46%	0.04%
AM	A	0.07%	0.19%	0.07%
AMG	C	0.21%	0.22%	0.21%
AMH	D	0.02%	0.45%	0.02%
AMKR	F	0.13%	0.13%	0.13%
AN	B	0.04%	0.18%	0.04%
APPF	C	0.01%	0.19%	0.01%
AR	C	0.04%	0.3%	0.04%
ARMK	B	0.23%	0.35%	0.23%
ARW	C	0.03%	0.28%	0.03%
ASH	F	0.02%	0.17%	0.02%
ATR	A	0.1%	0.39%	0.1%
AVTR	D	0.08%	0.62%	0.08%
AXTA	C	0.04%	0.32%	0.04%
AYI	A	0.24%	0.31%	0.24%
AZTA	F	0.01%	0.1%	0.01%
BC	C	0.05%	0.21%	0.05%
BERY	C	0.04%	0.3%	0.04%
BJ	D	0.4%	0.4%	0.4%
BLD	C	0.25%	0.5%	0.25%
BMRN	F	0.0%	0.52%	0.0%
BRBR	B	0.15%	0.28%	0.15%
BRKR	D	0.03%	0.26%	0.03%
BRX	B	0.04%	0.3%	0.04%
BURL	D	0.15%	0.64%	0.15%
BWXT	A	0.08%	0.38%	0.08%
BYD	C	0.07%	0.16%	0.07%
CACC	F	0.02%	0.1%	0.02%
CACC	F	0.03%	0.1%	0.03%
CACI	A	0.22%	0.42%	0.22%
CASY	D	0.51%	0.49%	0.49%
CBSH	D	0.03%	0.27%	0.03%
CCK	A	0.07%	0.41%	0.07%
CELH	F	0.04%	0.2%	0.04%
CFR	D	0.01%	0.28%	0.01%
CGNX	F	0.01%	0.26%	0.01%
CHDN	D	0.03%	0.32%	0.03%
CHE	B	0.06%	0.34%	0.06%
CHK	C	0.14%	0.33%	0.14%
CHRD	F	0.26%	0.32%	0.26%
CIEN	B	0.08%	0.36%	0.08%
CIVI	F	0.05%	0.19%	0.05%
CLF	D	0.08%	0.26%	0.08%
CLH	C	0.17%	0.45%	0.17%
CNM	F	0.28%	0.35%	0.28%
COKE	B	0.23%	0.23%	0.23%
COLB	C	0.03%	0.21%	0.03%
COLM	B	0.07%	0.1%	0.07%
COTY	F	0.01%	0.13%	0.01%
CR	C	0.11%	0.3%	0.11%
CRI	D	0.06%	0.08%	0.06%
CROX	C	0.14%	0.37%	0.14%
CRUS	D	0.22%	0.25%	0.22%
CSL	A	0.2%	0.81%	0.2%
CUBE	C	0.07%	0.42%	0.07%
CUZ	C	0.01%	0.16%	0.01%
CW	A	0.15%	0.48%	0.15%
DCI	B	0.11%	0.34%	0.11%
DINO	F	0.14%	0.27%	0.14%
DKS	D	0.47%	0.52%	0.47%
DLB	D	0.07%	0.17%	0.07%
DOCS	B	0.01%	0.19%	0.01%
DTM	A	0.1%	0.29%	0.1%
DUOL	B	0.05%	0.36%	0.05%
EEFT	F	0.08%	0.17%	0.08%
EGP	D	0.02%	0.33%	0.02%
EHC	B	0.14%	0.36%	0.14%
EME	C	0.4%	0.75%	0.4%
ENOV	F	0.01%	0.09%	0.01%
EPR	C	0.02%	0.13%	0.02%
EQH	C	0.05%	0.51%	0.05%
ESAB	C	0.08%	0.24%	0.08%
EVR	C	0.24%	0.35%	0.24%
EWBC	D	0.11%	0.44%	0.11%
EXEL	C	0.14%	0.27%	0.14%
EXP	C	0.26%	0.36%	0.26%
FAF	B	0.02%	0.24%	0.02%
FCN	B	0.04%	0.3%	0.04%
FHN	D	0.06%	0.33%	0.06%
FIX	B	0.27%	0.54%	0.27%
FLO	C	0.05%	0.16%	0.05%
FLS	B	0.12%	0.27%	0.12%
FNB	D	0.03%	0.2%	0.03%
FND	B	0.17%	0.5%	0.17%
FNF	A	0.1%	0.58%	0.1%
FR	C	0.02%	0.27%	0.02%
FYBR	C	0.21%	0.23%	0.21%
G	A	0.03%	0.24%	0.03%
GAP	F	0.16%	0.19%	0.16%
GGG	B	0.06%	0.54%	0.06%
GLPI	B	0.06%	0.5%	0.06%
GNTX	F	0.16%	0.28%	0.16%
GPK	B	0.06%	0.34%	0.06%
GXO	D	0.02%	0.23%	0.02%
H	C	0.05%	0.27%	0.05%
HLI	B	0.17%	0.31%	0.17%
HOG	C	0.11%	0.18%	0.11%
HRB	C	0.33%	0.32%	0.32%
HXL	F	0.05%	0.19%	0.05%
IBKR	A	0.08%	0.56%	0.08%
IDA	B	0.02%	0.19%	0.02%
INGR	A	0.24%	0.33%	0.24%
IPGP	D	0.02%	0.08%	0.02%
ITT	B	0.25%	0.48%	0.25%
JAZZ	F	0.04%	0.28%	0.04%
JEF	B	0.01%	0.4%	0.01%
JHG	C	0.13%	0.19%	0.13%
JLL	B	0.1%	0.47%	0.1%
JWN	D	0.07%	0.08%	0.07%
KBR	D	0.04%	0.36%	0.04%
KD	F	0.07%	0.2%	0.07%
KEX	C	0.14%	0.27%	0.14%
KNSL	D	0.31%	0.39%	0.31%
KNX	C	0.01%	0.32%	0.01%
KRC	C	0.02%	0.16%	0.02%
LAD	B	0.01%	0.36%	0.01%
LAMR	C	0.16%	0.43%	0.16%
LEA	F	0.08%	0.26%	0.08%
LECO	F	0.12%	0.44%	0.12%
LFUS	C	0.03%	0.27%	0.03%
LII	C	0.18%	0.75%	0.18%
LNW	F	0.11%	0.31%	0.11%
LOPE	D	0.14%	0.16%	0.14%
LPX	A	0.04%	0.26%	0.04%
LSCC	D	0.12%	0.29%	0.12%
LSTR	D	0.04%	0.24%	0.04%
M	F	0.12%	0.16%	0.12%
MAN	D	0.04%	0.13%	0.04%
MANH	C	0.29%	0.63%	0.29%
MASI	C	0.02%	0.22%	0.02%
MAT	C	0.09%	0.25%	0.09%
MDU	C	0.08%	0.21%	0.08%
MEDP	F	0.14%	0.3%	0.14%
MIDD	D	0.02%	0.3%	0.02%
MORN	C	0.03%	0.31%	0.03%
MSA	D	0.02%	0.26%	0.02%
MSM	D	0.05%	0.15%	0.05%
MTDR	F	0.1%	0.23%	0.1%
MTG	B	0.25%	0.26%	0.25%
MTSI	C	0.06%	0.24%	0.06%
MTZ	C	0.16%	0.29%	0.16%
MUSA	D	0.18%	0.34%	0.18%
NBIX	F	0.09%	0.44%	0.09%
NEU	F	0.14%	0.14%	0.14%
NFG	A	0.11%	0.19%	0.11%
NNN	A	0.05%	0.31%	0.05%
NOV	F	0.07%	0.25%	0.07%
NSA	C	0.03%	0.12%	0.03%
NVT	D	0.08%	0.45%	0.08%
NXST	D	0.13%	0.2%	0.13%
NYT	B	0.13%	0.34%	0.13%
OC	B	0.42%	0.58%	0.42%
OGE	A	0.08%	0.29%	0.08%
OHI	C	0.03%	0.36%	0.03%
OLED	C	0.1%	0.32%	0.1%
OLLI	C	0.15%	0.2%	0.15%
OLN	D	0.09%	0.23%	0.09%
ONTO	C	0.16%	0.44%	0.16%
ORI	A	0.1%	0.34%	0.1%
OSK	F	0.19%	0.26%	0.19%
OVV	F	0.06%	0.37%	0.06%
OZK	F	0.06%	0.17%	0.06%
PAG	D	0.02%	0.13%	0.02%
PB	D	0.02%	0.26%	0.02%
PCTY	C	0.03%	0.26%	0.03%
PFGC	B	0.43%	0.47%	0.43%
PII	D	0.01%	0.18%	0.01%
PK	D	0.02%	0.13%	0.02%
PNFP	D	0.05%	0.29%	0.05%
POST	B	0.07%	0.21%	0.07%
PPC	A	0.03%	0.07%	0.03%
PR	F	0.04%	0.27%	0.04%
PRGO	F	0.03%	0.14%	0.03%
PRI	A	0.11%	0.35%	0.11%
PSTG	F	0.18%	0.6%	0.18%
PVH	F	0.21%	0.21%	0.21%
R	C	0.18%	0.25%	0.18%
RBC	B	0.06%	0.33%	0.06%
REXR	D	0.01%	0.41%	0.01%
RGA	C	0.1%	0.55%	0.1%
RGEN	F	0.01%	0.29%	0.01%
RGLD	C	0.09%	0.36%	0.09%
RLI	A	0.07%	0.23%	0.07%
RNR	A	0.39%	0.52%	0.39%
RPM	C	0.12%	0.57%	0.12%
RRC	D	0.03%	0.27%	0.03%
RRX	C	0.02%	0.46%	0.02%
RS	D	0.23%	0.64%	0.23%
RYAN	A	0.01%	0.25%	0.01%
RYN	C	0.02%	0.16%	0.02%
SAIA	D	0.19%	0.37%	0.19%
SAIC	B	0.2%	0.25%	0.2%
SAM	D	0.02%	0.09%	0.02%
SCI	C	0.06%	0.41%	0.06%
SEIC	B	0.1%	0.26%	0.1%
SF	A	0.05%	0.37%	0.05%
SKX	C	0.28%	0.35%	0.28%
SLGN	A	0.03%	0.16%	0.03%
SLM	C	0.03%	0.2%	0.03%
SNV	D	0.05%	0.25%	0.05%
SNX	C	0.2%	0.37%	0.2%
SON	D	0.04%	0.2%	0.04%
SRCL	B	0.02%	0.2%	0.02%
SSD	C	0.19%	0.31%	0.19%
ST	F	0.01%	0.23%	0.01%
STAG	D	0.02%	0.27%	0.02%
STWD	C	0.01%	0.24%	0.01%
THC	C	0.39%	0.62%	0.39%
THG	A	0.02%	0.2%	0.02%
THO	C	0.11%	0.23%	0.11%
TKR	B	0.05%	0.21%	0.05%
TNL	B	0.05%	0.13%	0.05%
TOL	A	0.57%	0.59%	0.57%
TPL	B	0.17%	0.65%	0.17%
TPX	B	0.11%	0.37%	0.11%
TREX	D	0.09%	0.27%	0.09%
TTC	D	0.03%	0.37%	0.03%
TTEK	B	0.07%	0.46%	0.07%
TXRH	B	0.26%	0.45%	0.26%
UAA	B	0.02%	0.13%	0.02%
UGI	C	0.01%	0.2%	0.01%
UNM	A	0.12%	0.39%	0.12%
USFD	C	0.3%	0.53%	0.3%
UTHR	B	0.29%	0.61%	0.29%
VAC	D	0.0%	0.1%	0.0%
VMI	B	0.02%	0.23%	0.02%
VNO	B	0.02%	0.23%	0.02%
VNT	F	0.05%	0.2%	0.05%
VOYA	A	0.02%	0.27%	0.02%
VVV	D	0.15%	0.21%	0.15%
WBS	D	0.05%	0.31%	0.05%
WCC	C	0.18%	0.29%	0.18%
WEN	C	0.01%	0.11%	0.01%
WEX	C	0.08%	0.31%	0.08%
WFRD	F	0.17%	0.26%	0.17%
WH	C	0.03%	0.24%	0.03%
WHR	C	0.02%	0.23%	0.02%
WING	B	0.13%	0.45%	0.13%
WLK	B	0.06%	0.19%	0.06%
WMS	D	0.12%	0.43%	0.12%
WPC	C	0.04%	0.48%	0.04%
WSM	C	0.54%	0.71%	0.54%
WSO	B	0.15%	0.6%	0.15%
WTFC	C	0.06%	0.27%	0.06%
WTRG	D	0.03%	0.35%	0.03%
WU	D	0.15%	0.16%	0.15%
WWD	B	0.09%	0.38%	0.09%
X	F	0.09%	0.33%	0.09%
XPO	F	0.04%	0.52%	0.04%
YETI	D	0.07%	0.13%	0.07%
ZI	D	0.03%	0.11%	0.03%
ZION	D	0.06%	0.27%	0.06%

ONEO Overweight 625 Positions Relative to QVMM

Symbol	Grade	Weight
PHM	A	0.92%
LEN	B	0.75%
ACGL	A	0.73%
DHI	B	0.71%
EXPE	B	0.7%
VST	A	0.68%
GDDY	D	0.6%
MCK	F	0.58%
CAH	B	0.57%
FANG	F	0.55%
JBL	D	0.5%
FTNT	C	0.49%
BLDR	B	0.49%
CNC	F	0.48%
DAL	B	0.45%
LDOS	A	0.45%
APP	B	0.45%
URI	B	0.44%
NTAP	D	0.44%
FCNCA	D	0.43%
SYF	C	0.42%
STLD	C	0.41%
NVR	A	0.41%
NUE	D	0.4%
DASH	B	0.4%
CTSH	C	0.39%
SOLV	D	0.37%
CMI	B	0.37%
KLAC	D	0.36%
FFIV	C	0.35%
KR	B	0.35%
CINF	A	0.34%
HUM	F	0.34%
SWKS	F	0.34%
ADM	D	0.34%
CBOE	B	0.33%
LRCX	F	0.33%
EG	B	0.32%
HIG	A	0.32%
EOG	D	0.32%
PCAR	D	0.31%
PAYC	D	0.31%
ALSN	A	0.31%
CE	D	0.31%
CPNG	C	0.31%
GM	D	0.3%
MO	B	0.3%
RCL	C	0.3%
MOH	D	0.3%
MPC	F	0.3%
IT	C	0.29%
EBAY	A	0.29%
SPG	A	0.29%
CI	C	0.28%
TPR	B	0.28%
NRG	A	0.27%
COF	C	0.27%
MRO	D	0.27%
UHS	D	0.27%
RL	B	0.27%
MKL	B	0.26%
AMAT	D	0.26%
MPWR	C	0.26%
TSCO	A	0.26%
VLO	F	0.26%
LPLA	D	0.25%
GRMN	D	0.24%
SYY	B	0.24%
EPAM	F	0.24%
ETR	A	0.24%
PEG	A	0.24%
TSN	D	0.24%
GWW	A	0.23%
MAS	A	0.23%
DBX	C	0.23%
DELL	D	0.23%
ROST	C	0.23%
SMCI	F	0.22%
VRT	B	0.22%
IBM	C	0.22%
BKNG	C	0.22%
SNA	B	0.22%
FTI	B	0.22%
DVA	B	0.22%
BKR	B	0.21%
HPE	C	0.21%
AZO	D	0.21%
APH	D	0.21%
ELV	F	0.21%
AFL	A	0.21%
BBY	B	0.21%
CB	A	0.2%
CRWD	D	0.2%
TJX	C	0.2%
PGR	C	0.2%
ULTA	D	0.2%
CBRE	A	0.2%
FDX	D	0.2%
NOW	C	0.19%
CPAY	A	0.19%
J	D	0.19%
SNPS	F	0.19%
GEHC	B	0.19%
PKG	A	0.19%
MSI	A	0.19%
DVN	F	0.19%
TXT	D	0.19%
FICO	C	0.19%
DECK	C	0.19%
IP	B	0.19%
MAR	B	0.18%
CL	D	0.18%
GL	C	0.18%
CF	A	0.18%
TER	D	0.18%
HLT	B	0.18%
HST	D	0.18%
TT	A	0.18%
HII	D	0.18%
INTU	F	0.18%
CAT	A	0.18%
WRB	B	0.18%
WMB	A	0.18%
AOS	B	0.18%
BR	B	0.17%
ODFL	D	0.17%
FAST	C	0.17%
ATO	A	0.17%
PYPL	B	0.17%
CTRA	D	0.17%
PSN	A	0.17%
EMN	B	0.17%
LUV	C	0.17%
ANET	B	0.17%
OMC	A	0.17%
A	B	0.17%
VTRS	D	0.16%
GEV	A	0.16%
HPQ	C	0.16%
PANW	D	0.16%
AGO	D	0.16%
ORLY	A	0.16%
ADSK	C	0.16%
CARR	C	0.16%
CDNS	D	0.16%
PWR	B	0.16%
T	A	0.16%
DFS	C	0.16%
WAB	A	0.16%
GD	A	0.16%
CVS	D	0.16%
DRI	C	0.15%
PSX	F	0.15%
BG	D	0.15%
QCOM	D	0.15%
IR	B	0.15%
HAL	F	0.15%
COP	D	0.15%
AKAM	D	0.15%
KEYS	C	0.15%
TRV	C	0.15%
HWM	A	0.14%
VZ	A	0.14%
QRVO	F	0.14%
TGT	C	0.14%
DXC	D	0.14%
ADBE	F	0.14%
CMG	C	0.14%
NVDA	C	0.14%
FDS	C	0.14%
PAYX	A	0.14%
MCHP	F	0.14%
REGN	D	0.14%
PNR	A	0.14%
TTD	C	0.14%
PINS	D	0.14%
CDW	D	0.14%
BRO	A	0.14%
CRM	C	0.14%
FITB	C	0.13%
PSA	C	0.13%
BBWI	F	0.13%
ADI	C	0.13%
HCA	A	0.13%
MSFT	C	0.13%
MCO	C	0.13%
MHK	B	0.13%
MMC	D	0.13%
LYV	A	0.13%
SHW	B	0.13%
DLTR	F	0.13%
GPC	D	0.13%
TOST	B	0.13%
AEP	B	0.13%
SRE	A	0.13%
WDAY	D	0.13%
EIX	A	0.13%
MLM	D	0.13%
DPZ	D	0.12%
KMB	B	0.12%
GE	C	0.12%
ED	A	0.12%
RSG	D	0.12%
DUK	B	0.12%
WM	D	0.12%
SLB	F	0.12%
CTAS	C	0.12%
CNP	B	0.12%
ROK	D	0.12%
PCG	B	0.12%
CHTR	D	0.12%
NCLH	C	0.12%
BWA	C	0.12%
LYB	D	0.12%
BAH	A	0.12%
L	D	0.11%
AWI	A	0.11%
TDC	D	0.11%
CHD	B	0.11%
PPL	A	0.11%
DOX	B	0.11%
CVNA	A	0.11%
WBD	D	0.11%
TW	A	0.11%
DD	B	0.11%
NI	A	0.11%
VMC	D	0.11%
META	A	0.11%
TROW	D	0.11%
DOV	C	0.11%
FCX	B	0.11%
RF	C	0.1%
VLTO	C	0.1%
VRTX	D	0.1%
AZEK	B	0.1%
XEL	A	0.1%
VICI	C	0.1%
ROL	B	0.1%
CMS	A	0.1%
AVY	B	0.1%
POOL	B	0.1%
UAL	B	0.1%
MSCI	B	0.1%
D	A	0.1%
LOW	A	0.1%
JCI	B	0.1%
ABNB	D	0.1%
K	B	0.1%
MTB	C	0.1%
EA	D	0.1%
COST	C	0.09%
AES	B	0.09%
ON	F	0.09%
HUBB	A	0.09%
DDOG	D	0.09%
DOW	B	0.09%
AIZ	A	0.09%
DE	A	0.09%
KMI	A	0.09%
CFG	D	0.09%
F	D	0.09%
EXC	A	0.09%
TYL	C	0.09%
GILD	A	0.09%
CMCSA	B	0.09%
DT	C	0.09%
CPRT	B	0.09%
FOXA	A	0.09%
EXPD	B	0.09%
AXP	A	0.09%
SO	A	0.09%
WST	D	0.09%
BK	C	0.09%
NWSA	D	0.09%
OMF	D	0.09%
OTIS	A	0.09%
APO	A	0.09%
OXY	F	0.09%
DGX	C	0.09%
ETN	C	0.08%
WEC	A	0.08%
AAPL	C	0.08%
AMCR	A	0.08%
DOCU	B	0.08%
VSTS	D	0.08%
GTES	C	0.08%
ECL	A	0.08%
CSCO	A	0.08%
VRSK	D	0.08%
RHI	D	0.08%
ALGN	D	0.08%
ALK	B	0.08%
MGM	D	0.08%
SSNC	C	0.08%
PNC	C	0.08%
PM	B	0.08%
BX	C	0.08%
FE	A	0.08%
HBAN	C	0.08%
LMT	A	0.08%
TEAM	D	0.08%
KEY	C	0.08%
SPOT	B	0.08%
AMP	A	0.08%
GNRC	B	0.08%
ALLE	A	0.08%
AON	A	0.07%
BLK	B	0.07%
MTCH	C	0.07%
LULU	D	0.07%
IDXX	D	0.07%
CSX	D	0.07%
WYNN	B	0.07%
TAP	D	0.07%
GOOGL	C	0.07%
AIG	F	0.07%
ROP	C	0.07%
APD	C	0.07%
GIS	B	0.07%
PRU	C	0.07%
DTE	A	0.07%
ACI	F	0.07%
CMA	C	0.07%
APG	F	0.07%
KHC	B	0.07%
EVRG	B	0.07%
AL	D	0.07%
ADP	A	0.07%
ITW	B	0.07%
BALL	B	0.07%
FTV	B	0.07%
UHAL	A	0.07%
ZM	B	0.06%
MRVL	C	0.06%
MMM	B	0.06%
ABBV	A	0.06%
IPG	C	0.06%
HD	A	0.06%
JKHY	A	0.06%
AMGN	D	0.06%
BRK.A	C	0.06%
AME	D	0.06%
WY	B	0.06%
IEX	D	0.06%
MDLZ	C	0.06%
TDY	B	0.06%
SITE	D	0.06%
NU	D	0.06%
VEEV	C	0.06%
JBHT	D	0.06%
TXN	C	0.06%
SN	B	0.06%
AVB	C	0.06%
PNW	A	0.06%
YUM	B	0.06%
NOC	B	0.06%
ATI	B	0.06%
NDAQ	C	0.06%
UBER	C	0.06%
USB	C	0.06%
CPB	D	0.06%
RTX	A	0.06%
MET	A	0.06%
GOOG	C	0.06%
MTD	B	0.06%
UPS	D	0.05%
OGN	D	0.05%
BPOP	D	0.05%
STZ	B	0.05%
DDS	D	0.05%
DV	F	0.05%
NEE	A	0.05%
PPG	D	0.05%
GLW	C	0.05%
LNT	A	0.05%
LHX	A	0.05%
BSX	A	0.05%
CCL	C	0.05%
JNPR	C	0.05%
PTC	D	0.05%
GPN	F	0.05%
IQV	F	0.05%
ESS	C	0.05%
DLR	C	0.05%
ZS	F	0.05%
EFX	D	0.05%
EXR	C	0.05%
AAP	F	0.05%
HUBS	D	0.05%
ENTG	D	0.05%
AEE	A	0.05%
LIN	B	0.05%
STE	D	0.05%
LKQ	F	0.05%
EQR	C	0.05%
PLTR	C	0.05%
FSLR	C	0.05%
SPB	B	0.05%
GLOB	D	0.05%
RMD	C	0.05%
ISRG	C	0.05%
DG	F	0.05%
WTW	A	0.05%
ACN	B	0.05%
SBUX	B	0.05%
AXS	A	0.05%
GWRE	A	0.05%
MOS	F	0.04%
KSS	D	0.04%
NDSN	B	0.04%
CLX	B	0.04%
CRL	F	0.04%
GTLB	D	0.04%
WFC	D	0.04%
KVUE	C	0.04%
CME	A	0.04%
LNG	D	0.04%
DKNG	D	0.04%
KMX	D	0.04%
STT	C	0.04%
IFF	C	0.04%
NKE	D	0.04%
LEN	B	0.04%
AVGO	C	0.04%
ZTS	B	0.04%
FRPT	C	0.04%
SWN	C	0.04%
SMG	B	0.04%
BFAM	C	0.04%
ALL	C	0.04%
TDG	A	0.04%
KDP	C	0.04%
PCOR	D	0.04%
ANSS	D	0.04%
NTRS	C	0.04%
FTRE	F	0.04%
CVX	D	0.04%
KIM	C	0.04%
MDT	A	0.04%
TMUS	A	0.04%
TRU	C	0.04%
SWK	A	0.04%
SYK	C	0.04%
WAL	C	0.04%
IRM	B	0.04%
TRGP	C	0.04%
NTNX	D	0.04%
ESI	B	0.04%
FOX	A	0.04%
AMZN	C	0.04%
HES	D	0.04%
NSC	B	0.04%
CC	D	0.04%
GO	F	0.04%
APTV	D	0.04%
CTVA	B	0.04%
NFLX	C	0.04%
UNP	C	0.04%
AXON	A	0.04%
HSY	D	0.03%
FIS	C	0.03%
TRMB	B	0.03%
SCHW	D	0.03%
ES	A	0.03%
TMO	C	0.03%
BAX	D	0.03%
CCI	A	0.03%
FRT	B	0.03%
UDR	C	0.03%
PG	C	0.03%
MCD	A	0.03%
PH	B	0.03%
DHR	B	0.03%
OWL	B	0.03%
SQ	D	0.03%
JNJ	C	0.03%
WSC	D	0.03%
TFC	D	0.03%
ICE	A	0.03%
TECH	B	0.03%
VRSN	C	0.03%
AMD	D	0.03%
RNG	F	0.03%
MAA	C	0.03%
ELS	D	0.03%
SBAC	B	0.03%
MKTX	C	0.03%
EW	F	0.03%
AWK	C	0.03%
XOM	B	0.03%
HIW	C	0.03%
BMY	B	0.03%
WMT	A	0.03%
RPRX	B	0.03%
CPT	C	0.03%
CHH	C	0.03%
VIRT	C	0.03%
SMAR	A	0.03%
NWS	D	0.03%
OKTA	F	0.03%
CRBG	C	0.03%
PFG	C	0.03%
NWL	D	0.03%
SNOW	F	0.03%
ARES	B	0.03%
CAG	B	0.03%
AJG	D	0.03%
UA	B	0.03%
TPG	C	0.03%
UNH	B	0.03%
APA	F	0.03%
TRIP	F	0.03%
AAL	D	0.03%
SPGI	C	0.03%
HON	B	0.03%
CTLT	B	0.02%
HUN	B	0.02%
IAC	C	0.02%
MKC	B	0.02%
BAC	D	0.02%
HRL	F	0.02%
BEN	F	0.02%
ZBRA	C	0.02%
PLD	D	0.02%
DOC	B	0.02%
MRK	F	0.02%
INSP	C	0.02%
VFC	B	0.02%
CSGP	F	0.02%
AMED	D	0.02%
SCCO	B	0.02%
SJM	B	0.02%
EQIX	B	0.02%
INCY	B	0.02%
TWLO	C	0.02%
REYN	C	0.02%
CHRW	A	0.02%
PLNT	C	0.02%
QGEN	D	0.02%
MSGS	B	0.02%
DXCM	F	0.02%
RJF	B	0.02%
DIS	D	0.02%
KO	B	0.02%
V	C	0.02%
KKR	C	0.02%
DAY	C	0.02%
RH	C	0.02%
FIVE	D	0.02%
BSY	D	0.02%
LVS	B	0.02%
ABT	C	0.02%
CNH	C	0.02%
MTN	D	0.02%
INVH	D	0.02%
BDX	B	0.02%
ZBH	F	0.02%
MNST	D	0.02%
HOLX	D	0.02%
PEP	D	0.02%
MA	A	0.02%
REG	B	0.02%
BXP	C	0.02%
S	D	0.02%
BA	F	0.01%
BOKF	D	0.01%
MKSI	F	0.01%
SPR	D	0.01%
MSTR	C	0.01%
INFA	D	0.01%
COIN	F	0.01%
CWEN	A	0.01%
NET	D	0.01%
AGR	C	0.01%
SNDR	C	0.01%
UHAL	A	0.01%
FMC	B	0.01%
SEB	D	0.01%
EL	D	0.01%
NCNO	D	0.01%
IVZ	C	0.01%
WTM	D	0.01%
VTR	B	0.01%
DNB	D	0.01%
HSIC	C	0.01%
VKTX	D	0.01%
LITE	C	0.01%
PEGA	C	0.01%
CNA	D	0.01%
CZR	C	0.01%
JPM	D	0.01%
GFS	F	0.01%
LLY	D	0.01%
HAS	A	0.01%
CEG	B	0.01%
HEI	C	0.01%
ARE	D	0.01%
EMR	B	0.01%
HAYW	B	0.01%
W	D	0.01%
MDB	D	0.01%
ETSY	F	0.01%
FHB	D	0.01%
O	A	0.01%
HEI	C	0.01%
SEE	B	0.01%
PINC	F	0.01%
ELF	F	0.01%
PATH	D	0.01%
ALB	D	0.01%
LW	D	0.01%
RKT	B	0.01%
CLVT	D	0.01%
WAT	B	0.01%
ADTN	C	0.01%
LBRDK	C	0.01%
C	B	0.01%
WELL	B	0.01%
XP	F	0.01%
AMT	C	0.01%
GS	D	0.01%
INTC	D	0.01%
TFX	B	0.01%
ESTC	F	0.0%
EQT	C	0.0%

ONEO Underweight 94 Positions Relative to QVMM

Symbol	Grade	Weight
RBA	D	-0.55%
COHR	B	-0.46%
SFM	A	-0.41%
FLR	D	-0.33%
AIT	A	-0.32%
UFPI	B	-0.31%
GMED	D	-0.3%
ANF	D	-0.29%
SSB	C	-0.28%
TMHC	B	-0.28%
HALO	D	-0.28%
ALV	F	-0.27%
LNTH	C	-0.27%
NOVT	D	-0.26%
ESNT	C	-0.26%
CVLT	C	-0.26%
DAR	F	-0.26%
HQY	B	-0.26%
GME	D	-0.25%
CMC	C	-0.25%
KBH	C	-0.24%
EXLS	B	-0.23%
ONB	D	-0.23%
CBT	B	-0.23%
MMS	A	-0.22%
CADE	D	-0.22%
CHX	F	-0.22%
GBCI	D	-0.21%
ALTR	C	-0.21%
KRG	C	-0.21%
SIGI	D	-0.21%
WTS	B	-0.21%
EXPO	B	-0.21%
AVT	B	-0.2%
XRAY	D	-0.2%
BDC	B	-0.19%
MUR	F	-0.19%
HOMB	D	-0.19%
BCO	A	-0.19%
UBSI	D	-0.19%
OPCH	D	-0.19%
FFIN	D	-0.18%
HWC	D	-0.18%
POR	B	-0.18%
RMBS	F	-0.18%
AVNT	B	-0.18%
KNF	C	-0.18%
GATX	D	-0.18%
NJR	C	-0.17%
SWX	C	-0.17%
ASGN	D	-0.17%
IRT	C	-0.17%
UMBF	C	-0.17%
QLYS	F	-0.17%
CNX	A	-0.17%
ENS	C	-0.16%
WMG	D	-0.16%
CPRI	C	-0.15%
VLY	C	-0.15%
SBRA	C	-0.15%
CNO	C	-0.15%
OGS	A	-0.15%
HAE	D	-0.15%
SLAB	D	-0.15%
BKH	B	-0.15%
ORA	B	-0.15%
NEOG	D	-0.14%
VAL	F	-0.14%
KMPR	D	-0.14%
PNM	B	-0.14%
SR	A	-0.14%
TEX	F	-0.14%
NWE	A	-0.13%
SYNA	F	-0.13%
ASB	F	-0.13%
LANC	F	-0.13%
PBF	F	-0.13%
PCH	C	-0.13%
ALE	A	-0.13%
TCBI	C	-0.12%
IBOC	D	-0.12%
NSP	F	-0.12%
NVST	D	-0.12%
HGV	F	-0.11%
FHI	C	-0.11%
LIVN	D	-0.11%
VC	F	-0.11%
GHC	B	-0.11%
BHF	F	-0.11%
CNXC	F	-0.1%
GT	F	-0.1%
RCM	B	-0.1%
VSH	F	-0.09%
GEF	C	-0.06%