ONEQ vs. DES ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to SmallCap Dividend Fund (DES)

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

$74.95

Average Daily Volume

238,552

Number of Holdings ^*

830

* may have additional holdings in another (foreign) market

DES

SmallCap Dividend Fund

DES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.26

Average Daily Volume

99,959

Number of Holdings ^*

567

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	DES
30 Days	4.10%	9.25%
60 Days	5.77%	8.82%
90 Days	6.51%	9.76%
12 Months	33.93%	32.41%

132 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in DES	Overlap
AEIS	B	0.02%	0.18%	0.02%
AMRK	F	0.01%	0.03%	0.01%
AMSF	B	0.01%	0.3%	0.01%
ANDE	D	0.01%	0.11%	0.01%
APOG	B	0.01%	0.25%	0.01%
ARCB	C	0.01%	0.11%	0.01%
ASTE	B	0.01%	0.1%	0.01%
BANF	B	0.02%	0.27%	0.02%
BANR	B	0.01%	0.24%	0.01%
BGC	C	0.02%	0.17%	0.02%
BLMN	F	0.01%	0.16%	0.01%
BUSE	B	0.01%	0.15%	0.01%
CAKE	C	0.01%	0.3%	0.01%
CALM	A	0.02%	0.16%	0.02%
CASH	A	0.01%	0.09%	0.01%
CATY	B	0.02%	0.51%	0.02%
CBRL	C	0.01%	0.23%	0.01%
CCOI	B	0.02%	0.66%	0.02%
CHCO	B	0.01%	0.2%	0.01%
CMCO	B	0.01%	0.09%	0.01%
CNXN	C	0.01%	0.1%	0.01%
CRAI	B	0.01%	0.17%	0.01%
CSGS	B	0.01%	0.21%	0.01%
CSWI	A	0.03%	0.26%	0.03%
CVBF	A	0.01%	0.33%	0.01%
DCOM	A	0.01%	0.11%	0.01%
DNUT	D	0.01%	0.1%	0.01%
EBC	B	0.01%	0.32%	0.01%
EFSC	B	0.01%	0.12%	0.01%
EMBC	C	0.01%	0.12%	0.01%
EXPI	C	0.01%	0.08%	0.01%
FBNC	A	0.01%	0.12%	0.01%
FFBC	A	0.01%	0.46%	0.01%
FFIC	B	0.01%	0.06%	0.01%
FHB	A	0.01%	0.46%	0.01%
FIBK	A	0.01%	0.65%	0.01%
FRME	B	0.01%	0.28%	0.01%
FULT	A	0.01%	0.37%	0.01%
GABC	B	0.01%	0.16%	0.01%
HAFC	A	0.01%	0.08%	0.01%
HBNC	B	0.01%	0.09%	0.01%
HEES	B	0.01%	0.21%	0.01%
HOPE	B	0.01%	0.22%	0.01%
HPK	B	0.01%	0.08%	0.01%
HTLD	B	0.01%	0.07%	0.01%
HTLF	B	0.01%	0.23%	0.01%
HWC	B	0.02%	0.35%	0.02%
HWKN	B	0.01%	0.2%	0.01%
IBOC	A	0.02%	0.42%	0.02%
IBTX	B	0.01%	0.23%	0.01%
ICFI	F	0.01%	0.12%	0.01%
IDCC	A	0.01%	0.4%	0.01%
IMKTA	C	0.01%	0.06%	0.01%
INBK	B	0.01%	0.01%	0.01%
INDB	B	0.01%	0.29%	0.01%
IOSP	B	0.01%	0.22%	0.01%
ISTR	B	0.01%	0.02%	0.01%
JACK	D	0.01%	0.09%	0.01%
JJSF	B	0.01%	0.28%	0.01%
KALU	C	0.01%	0.26%	0.01%
KLIC	B	0.01%	0.16%	0.01%
LKFN	B	0.01%	0.13%	0.01%
LMAT	A	0.01%	0.16%	0.01%
MATW	C	0.01%	0.09%	0.01%
MBIN	D	0.01%	0.07%	0.01%
MCRI	A	0.01%	0.19%	0.01%
MGEE	C	0.02%	0.44%	0.02%
MGPI	F	0.01%	0.05%	0.01%
MGRC	B	0.01%	0.2%	0.01%
MLKN	D	0.01%	0.18%	0.01%
MRTN	C	0.01%	0.1%	0.01%
MSEX	B	0.01%	0.12%	0.01%
NAVI	C	0.01%	0.16%	0.01%
NBTB	B	0.01%	0.19%	0.01%
NMRK	B	0.01%	0.09%	0.01%
NSSC	D	0.01%	0.1%	0.01%
NWBI	B	0.01%	0.33%	0.01%
NWE	B	0.01%	0.5%	0.01%
OCFC	B	0.01%	0.16%	0.01%
OTTR	C	0.01%	0.35%	0.01%
PATK	D	0.01%	0.38%	0.01%
PCH	D	0.01%	0.13%	0.01%
PDCO	D	0.01%	0.25%	0.01%
PEBO	A	0.01%	0.23%	0.01%
PFBC	B	0.01%	0.15%	0.01%
PFC	A	0.01%	0.13%	0.01%
PINC	B	0.01%	0.36%	0.01%
POWL	C	0.01%	0.35%	0.01%
PPBI	B	0.01%	0.36%	0.01%
PRDO	B	0.01%	0.26%	0.01%
PRGS	A	0.01%	0.17%	0.01%
PSMT	C	0.01%	0.16%	0.01%
PTVE	B	0.01%	0.25%	0.01%
RBCAA	B	0.01%	0.12%	0.01%
ROIC	A	0.01%	0.08%	0.01%
RRR	D	0.01%	0.24%	0.01%
RUSHA	C	0.02%	0.39%	0.02%
SAFT	C	0.01%	0.13%	0.01%
SASR	B	0.01%	0.24%	0.01%
SBCF	A	0.01%	0.17%	0.01%
SBRA	C	0.02%	0.61%	0.02%
SCVL	F	0.01%	0.14%	0.01%
SFNC	B	0.02%	0.37%	0.02%
SHOO	D	0.01%	0.35%	0.01%
SLM	A	0.02%	0.35%	0.02%
STBA	B	0.01%	0.16%	0.01%
STEP	B	0.02%	0.3%	0.02%
STRA	C	0.01%	0.23%	0.01%
SYBT	B	0.01%	0.12%	0.01%
TCBK	B	0.01%	0.11%	0.01%
TFSL	A	0.02%	0.87%	0.02%
TOWN	B	0.01%	0.23%	0.01%
TPG	A	0.02%	0.64%	0.02%
TRMK	B	0.01%	0.21%	0.01%
TRS	B	0.01%	0.07%	0.01%
ULH	B	0.01%	0.17%	0.01%
UMBF	B	0.02%	0.29%	0.02%
UPBD	B	0.01%	0.28%	0.01%
USLM	A	0.02%	0.23%	0.02%
VBTX	B	0.01%	0.15%	0.01%
VCTR	B	0.02%	0.6%	0.02%
VIRT	B	0.02%	0.42%	0.02%
VSEC	C	0.01%	0.14%	0.01%
WABC	B	0.01%	0.18%	0.01%
WAFD	B	0.01%	0.19%	0.01%
WASH	C	0.01%	0.11%	0.01%
WDFC	B	0.02%	0.28%	0.02%
WERN	C	0.01%	0.15%	0.01%
WINA	B	0.01%	0.21%	0.01%
WSBC	A	0.01%	0.28%	0.01%
WSFS	A	0.02%	0.14%	0.02%
XRX	F	0.01%	0.28%	0.01%

ONEQ Overweight 698 Positions Relative to DES

Symbol	Grade	Weight
NVDA	C	11.52%
AAPL	C	11.32%
MSFT	F	10.23%
AMZN	C	7.05%
META	D	4.0%
TSLA	B	3.4%
GOOGL	C	3.35%
GOOG	C	3.22%
AVGO	D	2.53%
COST	B	1.33%
NFLX	A	1.17%
TMUS	B	0.89%
CSCO	B	0.76%
ADBE	C	0.74%
AMD	F	0.72%
PEP	F	0.7%
LIN	D	0.69%
INTU	C	0.63%
ISRG	A	0.61%
QCOM	F	0.59%
TXN	C	0.59%
BKNG	A	0.54%
CMCSA	B	0.54%
AMGN	D	0.5%
HON	B	0.49%
AMAT	F	0.46%
PANW	C	0.41%
ADP	B	0.4%
VRTX	F	0.39%
SBUX	A	0.37%
GILD	C	0.36%
INTC	D	0.35%
MU	D	0.35%
ADI	D	0.34%
MELI	D	0.32%
LRCX	F	0.3%
PYPL	B	0.29%
EQIX	A	0.28%
APP	B	0.28%
MDLZ	F	0.28%
CTAS	B	0.27%
REGN	F	0.27%
KLAC	D	0.27%
CME	A	0.27%
CRWD	B	0.26%
CDNS	B	0.26%
SNPS	B	0.26%
MRVL	B	0.25%
MAR	B	0.25%
PDD	F	0.25%
FTNT	C	0.24%
CEG	D	0.23%
ORLY	B	0.23%
DASH	A	0.22%
ASML	F	0.21%
COIN	C	0.21%
ADSK	A	0.21%
CSX	B	0.21%
MSTR	C	0.2%
CHTR	C	0.19%
ABNB	C	0.19%
ROP	B	0.19%
PCAR	B	0.19%
CPRT	A	0.18%
NXPI	D	0.18%
WDAY	B	0.18%
PAYX	C	0.17%
FANG	D	0.17%
MNST	C	0.17%
TTD	B	0.17%
FAST	B	0.16%
AEP	D	0.16%
NDAQ	A	0.15%
ROST	C	0.15%
ODFL	B	0.15%
EA	A	0.14%
KDP	D	0.14%
BKR	B	0.14%
AXON	A	0.14%
CTSH	B	0.13%
EXC	C	0.13%
DDOG	A	0.13%
TEAM	A	0.13%
VRSK	A	0.13%
ACGL	D	0.13%
XEL	A	0.13%
AZN	D	0.12%
GEHC	F	0.12%
KHC	F	0.12%
LULU	C	0.12%
WTW	B	0.11%
MCHP	D	0.11%
CCEP	C	0.11%
IDXX	F	0.11%
UAL	A	0.1%
ON	D	0.1%
ZS	C	0.1%
TSCO	D	0.1%
FCNCA	A	0.1%
CSGP	D	0.1%
DXCM	D	0.1%
EBAY	D	0.1%
ALNY	D	0.1%
TTWO	A	0.1%
MPWR	F	0.09%
ANSS	B	0.09%
FITB	A	0.09%
GFS	C	0.08%
CDW	F	0.08%
WBD	C	0.08%
TCOM	B	0.08%
NTAP	C	0.08%
SBAC	D	0.08%
BIIB	F	0.08%
HBAN	A	0.08%
LPLA	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
ZBRA	B	0.07%
FSLR	F	0.07%
IBKR	A	0.07%
STX	D	0.07%
ZM	B	0.07%
WDC	D	0.07%
MDB	C	0.07%
NTRS	A	0.07%
STLD	B	0.07%
PTC	A	0.07%
EXPE	B	0.07%
CINF	A	0.07%
ILMN	D	0.07%
HOLX	D	0.06%
SSNC	B	0.06%
VRSN	F	0.06%
TRMB	B	0.06%
ALGN	D	0.06%
NTNX	A	0.06%
JD	D	0.06%
GEN	B	0.06%
MANH	D	0.06%
JBHT	C	0.06%
NTRA	B	0.06%
CG	A	0.06%
TER	D	0.06%
ARGX	A	0.06%
GRAB	B	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	D	0.06%
PFG	D	0.06%
NDSN	B	0.05%
BSY	D	0.05%
SAIA	B	0.05%
EWBC	A	0.05%
MRNA	F	0.05%
ENTG	D	0.05%
INCY	C	0.05%
SNY	F	0.05%
SFM	A	0.05%
CASY	A	0.05%
LNT	A	0.05%
DOCU	A	0.05%
VTRS	A	0.05%
MORN	B	0.05%
AFRM	B	0.05%
FLEX	A	0.05%
ICLR	D	0.05%
SOFI	A	0.05%
UTHR	C	0.05%
TW	A	0.05%
ARM	D	0.05%
ULTA	F	0.05%
MKTX	D	0.04%
EXEL	B	0.04%
RIVN	F	0.04%
SMCI	F	0.04%
LECO	B	0.04%
SEIC	B	0.04%
TECH	D	0.04%
HST	C	0.04%
NWSA	B	0.04%
NTES	D	0.04%
DUOL	A	0.04%
RPRX	D	0.04%
AAON	B	0.04%
TTEK	F	0.04%
JKHY	D	0.04%
PAA	B	0.04%
PCTY	B	0.04%
LBRDK	C	0.04%
NBIX	C	0.04%
GLPI	C	0.04%
TXRH	C	0.04%
RKLB	B	0.04%
CHRW	C	0.04%
BMRN	D	0.04%
BIDU	F	0.04%
LOGI	D	0.04%
OKTA	C	0.04%
FFIV	B	0.04%
SWKS	F	0.04%
MNDY	C	0.04%
Z	A	0.04%
CPB	D	0.04%
SMMT	D	0.04%
CYBR	B	0.04%
AKAM	D	0.04%
PPC	C	0.04%
REG	B	0.04%
POOL	C	0.04%
EVRG	A	0.04%
DLTR	F	0.04%
BRKR	D	0.03%
CZR	F	0.03%
CVLT	B	0.03%
BOKF	B	0.03%
SAIC	F	0.03%
HSIC	B	0.03%
ZION	B	0.03%
COLB	A	0.03%
CHRD	D	0.03%
LNW	D	0.03%
GLBE	B	0.03%
PNFP	B	0.03%
APA	D	0.03%
GTLB	B	0.03%
OTEX	D	0.03%
FRHC	B	0.03%
ENPH	F	0.03%
PEGA	A	0.03%
ROIV	C	0.03%
MTCH	D	0.03%
SIRI	C	0.03%
HLNE	B	0.03%
NICE	C	0.03%
ROKU	D	0.03%
FOX	A	0.03%
AAL	B	0.03%
HQY	B	0.03%
PARA	C	0.03%
MASI	A	0.03%
ITCI	C	0.03%
HAS	D	0.03%
WYNN	D	0.03%
MEDP	D	0.03%
DOX	D	0.03%
FYBR	D	0.03%
LKQ	D	0.03%
WING	D	0.03%
CHDN	B	0.03%
BGNE	D	0.03%
EXAS	D	0.03%
RVMD	C	0.03%
FUTU	D	0.03%
PCVX	D	0.03%
INSM	C	0.03%
MTSI	B	0.03%
WWD	B	0.03%
LAMR	D	0.03%
FOXA	B	0.03%
BNTX	D	0.03%
COKE	C	0.03%
CBSH	A	0.03%
RGLD	C	0.03%
SRPT	D	0.03%
WIX	B	0.03%
WTFC	A	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
VERX	B	0.02%
GSHD	A	0.02%
OZK	B	0.02%
VRRM	D	0.02%
WBA	F	0.02%
TBBK	B	0.02%
GH	B	0.02%
TGTX	B	0.02%
FTDR	A	0.02%
AUR	C	0.02%
GLNG	C	0.02%
QFIN	B	0.02%
FRSH	C	0.02%
ALGM	D	0.02%
IPAR	B	0.02%
CVCO	A	0.02%
SKYW	B	0.02%
PI	D	0.02%
BLKB	B	0.02%
APPF	B	0.02%
KRYS	B	0.02%
KTOS	B	0.02%
DORM	B	0.02%
NWS	B	0.02%
LOPE	B	0.02%
LI	F	0.02%
ALKT	B	0.02%
CHCI	D	0.02%
NWL	B	0.02%
COLM	B	0.02%
BBIO	F	0.02%
ACLX	C	0.02%
CRNX	C	0.02%
VICR	B	0.02%
LANC	C	0.02%
LNTH	D	0.02%
ICUI	D	0.02%
FIVE	F	0.02%
AXSM	B	0.02%
SHC	F	0.02%
FIZZ	C	0.02%
CACC	D	0.02%
BPMC	C	0.02%
PAYO	A	0.02%
TCBI	B	0.02%
ALKS	B	0.02%
IEP	F	0.02%
WMG	C	0.02%
CRUS	D	0.02%
ROAD	A	0.02%
PECO	A	0.02%
SANM	B	0.02%
DJT	C	0.02%
EEFT	B	0.02%
PLXS	B	0.02%
INTA	A	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	D	0.02%
IONS	F	0.02%
VKTX	F	0.02%
NCNO	B	0.02%
PRCT	B	0.02%
ITRI	B	0.02%
QLYS	C	0.02%
CROX	D	0.02%
EXPO	D	0.02%
HALO	F	0.02%
ONB	B	0.02%
BECN	B	0.02%
FELE	B	0.02%
CYTK	F	0.02%
RMBS	C	0.02%
VRNS	D	0.02%
COOP	B	0.02%
TENB	C	0.02%
VLY	B	0.02%
BPOP	B	0.02%
SITM	B	0.02%
CHX	C	0.02%
AGNC	D	0.02%
LCID	F	0.02%
DBX	B	0.02%
ALTR	B	0.02%
GNTX	C	0.02%
AMKR	D	0.02%
CELH	F	0.02%
ETSY	D	0.02%
CWST	A	0.02%
NXST	C	0.02%
REYN	D	0.02%
MMSI	B	0.02%
HTHT	D	0.02%
WFRD	D	0.02%
MARA	C	0.02%
ACT	D	0.02%
AVAV	D	0.02%
RDNT	B	0.02%
UBSI	B	0.02%
QXO	D	0.02%
LFUS	F	0.02%
WSC	D	0.02%
LITE	B	0.02%
OLLI	D	0.02%
UPST	B	0.02%
STRL	B	0.02%
ACIW	B	0.02%
CGNX	C	0.02%
RCM	F	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
QRVO	F	0.02%
IESC	B	0.02%
CFLT	B	0.02%
RGEN	D	0.02%
EXLS	B	0.02%
NOVT	D	0.02%
ENSG	D	0.02%
XP	F	0.02%
CRVL	A	0.02%
UFPI	B	0.02%
MAT	D	0.02%
MMYT	B	0.02%
CRDO	B	0.02%
MIDD	C	0.02%
FRPT	B	0.02%
OLED	D	0.02%
LYFT	C	0.02%
SPSC	C	0.02%
LSCC	D	0.02%
JAZZ	B	0.02%
ASND	D	0.02%
FFIN	B	0.02%
MKSI	C	0.02%
COLL	F	0.01%
SRAD	A	0.01%
BFST	C	0.01%
AMWD	C	0.01%
KRUS	B	0.01%
ODP	F	0.01%
WOOF	D	0.01%
PGNY	F	0.01%
LQDA	D	0.01%
PSNY	F	0.01%
GRFS	C	0.01%
IQ	F	0.01%
CNTA	B	0.01%
BCYC	F	0.01%
BLBD	D	0.01%
GSM	D	0.01%
CNSL	C	0.01%
SAVA	D	0.01%
MOMO	D	0.01%
EBTC	B	0.01%
GDEN	B	0.01%
GIII	D	0.01%
BVS	D	0.01%
LILAK	D	0.01%
COGT	D	0.01%
EYE	C	0.01%
BCBP	A	0.01%
CLOV	D	0.01%
MYGN	F	0.01%
RCKT	F	0.01%
SDGR	C	0.01%
BMBL	C	0.01%
TRNS	D	0.01%
ARDX	F	0.01%
PYCR	C	0.01%
PLUG	F	0.01%
ICHR	C	0.01%
TTGT	C	0.01%
TRDA	B	0.01%
STAA	F	0.01%
ASTL	B	0.01%
KC	A	0.01%
VRNT	C	0.01%
HROW	D	0.01%
VITL	D	0.01%
SPRY	D	0.01%
AOSL	C	0.01%
THRM	D	0.01%
IRON	B	0.01%
TLRY	F	0.01%
PLAY	D	0.01%
OPK	C	0.01%
NVEE	F	0.01%
AMED	F	0.01%
COHU	C	0.01%
TH	C	0.01%
IMCR	D	0.01%
PLYA	B	0.01%
VIR	D	0.01%
AVAH	B	0.01%
GLUE	C	0.01%
PDFS	C	0.01%
OLPX	D	0.01%
IBUY	A	0.01%
KURA	F	0.01%
CLDX	F	0.01%
ANIP	F	0.01%
CEVA	B	0.01%
VECO	F	0.01%
FWRD	D	0.01%
MLCO	F	0.01%
RNW	D	0.01%
AVO	C	0.01%
SPT	C	0.01%
FWRG	C	0.01%
TXG	F	0.01%
CNDT	C	0.01%
VRDN	D	0.01%
BCRX	D	0.01%
BASE	C	0.01%
FLYW	C	0.01%
DOOO	F	0.01%
SOUN	C	0.01%
DAWN	F	0.01%
UCTT	D	0.01%
TNDM	F	0.01%
SNDX	F	0.01%
SIMO	D	0.01%
UDMY	F	0.01%
WB	D	0.01%
SABR	C	0.01%
AHCO	F	0.01%
HLIT	D	0.01%
LBRDA	C	0.01%
SPNS	F	0.01%
INMD	C	0.01%
PLAB	C	0.01%
KRNT	C	0.01%
RDWR	B	0.01%
TVTX	B	0.01%
DLO	C	0.01%
SCSC	B	0.01%
FTRE	D	0.01%
INFN	C	0.01%
INVA	D	0.01%
UNIT	B	0.01%
ECPG	B	0.01%
CENTA	C	0.01%
ARVN	D	0.01%
MBUU	C	0.01%
QNST	B	0.01%
ACLS	F	0.01%
IAS	C	0.01%
ATEX	D	0.01%
ENVX	F	0.01%
HAIN	C	0.01%
IREN	C	0.01%
PCT	C	0.01%
TWST	D	0.01%
NVCR	C	0.01%
RXST	F	0.01%
CRTO	C	0.01%
NEO	C	0.01%
FA	C	0.01%
NEXT	B	0.01%
AKRO	B	0.01%
AZTA	D	0.01%
GDYN	B	0.01%
PAGP	A	0.01%
AXNX	C	0.01%
AUPH	B	0.01%
SBLK	F	0.01%
DGII	B	0.01%
HRMY	D	0.01%
MNKD	C	0.01%
HTZ	C	0.01%
MQ	F	0.01%
ERII	D	0.01%
RUN	F	0.01%
CHEF	A	0.01%
LBPH	A	0.01%
VC	D	0.01%
PTGX	C	0.01%
AY	B	0.01%
ATSG	B	0.01%
DVAX	C	0.01%
TARS	B	0.01%
TMDX	F	0.01%
IDYA	F	0.01%
TRMD	F	0.01%
GTX	D	0.01%
BEAM	D	0.01%
ZLAB	C	0.01%
JANX	C	0.01%
RIOT	C	0.01%
LGIH	D	0.01%
ULCC	D	0.01%
GERN	D	0.01%
KYMR	D	0.01%
DYN	F	0.01%
IOVA	F	0.01%
CMPR	D	0.01%
ASTH	D	0.01%
DIOD	D	0.01%
VMEO	B	0.01%
VERA	B	0.01%
APPN	B	0.01%
ATAT	C	0.01%
JAMF	F	0.01%
EXTR	B	0.01%
ADUS	D	0.01%
BILI	D	0.01%
EVCM	B	0.01%
SUPN	C	0.01%
CPRX	C	0.01%
XNCR	B	0.01%
CNXC	F	0.01%
NTCT	C	0.01%
GDS	C	0.01%
YY	C	0.01%
PLUS	F	0.01%
ROCK	C	0.01%
RPD	C	0.01%
IRTC	D	0.01%
XPEL	C	0.01%
LAUR	A	0.01%
LGND	B	0.01%
CGON	F	0.01%
ALHC	C	0.01%
PRVA	B	0.01%
ARWR	F	0.01%
NNBR	C	0.01%
CAR	C	0.01%
CLBK	B	0.01%
AMRX	C	0.01%
OSW	A	0.01%
FLNC	C	0.01%
TTMI	B	0.01%
AMPH	D	0.01%
VRNA	B	0.01%
UFPT	B	0.01%
WEN	D	0.01%
WULF	C	0.01%
MGNI	A	0.01%
KROS	D	0.01%
GOGL	F	0.01%
CIFR	B	0.01%
HURN	B	0.01%
CLSK	C	0.01%
VCYT	B	0.01%
OPCH	D	0.01%
TRUP	B	0.01%
FORM	D	0.01%
FIVN	C	0.01%
STNE	F	0.01%
XRAY	F	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
GT	C	0.01%
MYRG	B	0.01%
ALRM	C	0.01%
VIAV	B	0.01%
APLS	D	0.01%
MRUS	F	0.01%
SMTC	B	0.01%
TFIN	A	0.01%
CENX	B	0.01%
PLTK	B	0.01%
MIRM	B	0.01%
OSIS	B	0.01%
HCP	B	0.01%
GGAL	C	0.01%
FROG	C	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
BRZE	C	0.01%
SYNA	C	0.01%
VCEL	B	0.01%
ERIC	B	0.01%
MRCY	B	0.01%
SGRY	F	0.01%
OMCL	C	0.01%
SRRK	B	0.01%
NPAB	B	0.01%
ACAD	D	0.01%
ACHC	F	0.01%
ATRC	C	0.01%
NARI	C	0.01%
FOLD	F	0.01%
SATS	D	0.01%
PLMR	B	0.01%
ZD	C	0.01%
NEOG	F	0.01%
ZG	A	0.01%
BL	B	0.01%
LEGN	F	0.01%
RNA	D	0.01%
AVT	C	0.01%
SLAB	D	0.01%
ESGR	B	0.01%
VOD	F	0.01%
POWI	D	0.01%
CARG	C	0.01%
WVE	C	0.01%
IAC	D	0.01%
IRDM	D	0.01%
XENE	D	0.01%
PTCT	B	0.01%
URBN	C	0.01%
NMIH	D	0.01%
PENN	C	0.01%
BZ	F	0.01%
DRVN	B	0.01%
AMBA	B	0.01%
LFST	C	0.01%
HUBG	A	0.01%
ACVA	B	0.01%
ADMA	B	0.01%
RYTM	C	0.01%
DNLI	D	0.01%
AGIO	C	0.01%
RARE	D	0.01%
BHF	B	0.01%
SMPL	B	0.01%
SNEX	B	0.01%
ASO	F	0.01%
NSIT	F	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
AGYS	A	0.01%

ONEQ Underweight 435 Positions Relative to DES

Symbol	Grade	Weight
OGN	D	-1.03%
EPR	D	-0.73%
ALE	A	-0.72%
CNS	B	-0.71%
KNTK	B	-0.71%
AROC	B	-0.71%
NSA	D	-0.64%
BNL	D	-0.61%
TNL	A	-0.61%
MC	C	-0.6%
KTB	B	-0.59%
BKH	A	-0.59%
EPRT	B	-0.58%
SLG	B	-0.58%
JWN	C	-0.57%
OGS	A	-0.56%
SMG	D	-0.55%
NOG	A	-0.53%
CRS	A	-0.51%
KSS	F	-0.51%
SR	A	-0.51%
NHI	D	-0.51%
ASB	B	-0.5%
FBP	B	-0.5%
CVI	F	-0.48%
AVNT	B	-0.46%
CRC	B	-0.45%
AVA	A	-0.45%
PNM	F	-0.44%
HRI	B	-0.44%
TDS	B	-0.42%
VAC	B	-0.42%
BKE	B	-0.41%
TRN	C	-0.41%
SLVM	B	-0.39%
CRI	D	-0.38%
SEM	B	-0.37%
TGNA	B	-0.37%
LEG	F	-0.36%
CUZ	B	-0.36%
UCB	A	-0.35%
CBU	B	-0.35%
LCII	C	-0.35%
PHIN	A	-0.35%
AUB	B	-0.34%
PFS	B	-0.34%
BOH	B	-0.34%
KRO	D	-0.34%
HP	B	-0.33%
IIPR	D	-0.33%
WWW	B	-0.33%
SXT	B	-0.32%
CDP	C	-0.32%
AWR	B	-0.32%
UVV	B	-0.31%
MWA	B	-0.3%
GFF	A	-0.3%
AGX	B	-0.3%
MCY	A	-0.3%
KLG	C	-0.3%
ENR	B	-0.3%
NHC	C	-0.29%
HNI	B	-0.29%
MATX	C	-0.29%
BRC	D	-0.29%
KMPR	B	-0.28%
SPB	C	-0.28%
WHD	B	-0.28%
PBI	B	-0.27%
PRK	B	-0.27%
KMT	B	-0.27%
ABM	B	-0.27%
BKU	A	-0.27%
GBX	A	-0.26%
GEF	A	-0.26%
NWN	A	-0.26%
DLX	B	-0.25%
BCO	D	-0.25%
VRTS	B	-0.24%
PIPR	B	-0.24%
GRNT	B	-0.24%
SFBS	B	-0.24%
WOR	F	-0.24%
WD	D	-0.24%
AESI	B	-0.23%
GVA	A	-0.23%
SKT	B	-0.23%
CPK	A	-0.23%
CNO	A	-0.23%
CTRE	D	-0.23%
ENS	D	-0.22%
PRIM	A	-0.22%
BHE	B	-0.22%
WTTR	B	-0.22%
KFY	B	-0.22%
LBRT	D	-0.22%
SCS	C	-0.21%
SJW	D	-0.2%
MAC	B	-0.2%
ACA	A	-0.2%
CRGY	B	-0.2%
BDC	B	-0.2%
CWT	D	-0.2%
CABO	C	-0.19%
OFG	B	-0.19%
SXC	A	-0.19%
WKC	D	-0.19%
CXT	B	-0.19%
UTL	B	-0.19%
IRT	A	-0.19%
ABCB	B	-0.19%
BANC	A	-0.19%
ANET	C	-0.19%
AGM	C	-0.18%
TEX	D	-0.18%
GES	F	-0.18%
WMK	C	-0.18%
KAI	A	-0.18%
NGVC	A	-0.18%
NPO	A	-0.18%
BTU	B	-0.18%
FCF	A	-0.17%
HI	C	-0.17%
BFH	B	-0.17%
YOU	D	-0.17%
GHC	C	-0.17%
DK	C	-0.16%
CCS	D	-0.16%
STC	B	-0.16%
TPB	B	-0.16%
CTBI	B	-0.16%
SXI	B	-0.16%
JBT	B	-0.16%
PZZA	D	-0.16%
ETD	C	-0.16%
REPX	A	-0.16%
LZB	B	-0.16%
SAH	A	-0.16%
MLR	B	-0.15%
OXM	D	-0.15%
PJT	A	-0.15%
HSII	B	-0.15%
EBF	F	-0.15%
HMN	B	-0.15%
RNST	B	-0.15%
MNRO	D	-0.15%
SRCE	B	-0.15%
REVG	B	-0.15%
ACCO	C	-0.15%
LXP	D	-0.15%
AZZ	B	-0.15%
JBSS	D	-0.15%
VSH	D	-0.14%
KWR	C	-0.14%
EGY	D	-0.14%
KRT	A	-0.14%
GIC	D	-0.14%
TNC	D	-0.14%
VHI	D	-0.14%
HL	D	-0.14%
BRKL	B	-0.14%
HCKT	B	-0.14%
TILE	B	-0.14%
WGO	C	-0.14%
KFRC	D	-0.14%
ESE	B	-0.14%
EGBN	B	-0.14%
DAN	D	-0.13%
SCL	C	-0.13%
AIN	C	-0.13%
PK	B	-0.13%
USPH	B	-0.13%
MCS	B	-0.13%
ATEN	B	-0.13%
HY	D	-0.13%
BBSI	B	-0.13%
EPC	D	-0.13%
GRC	A	-0.13%
NBHC	B	-0.13%
HCC	B	-0.13%
DEI	B	-0.12%
BGS	F	-0.12%
CSV	B	-0.12%
CFFN	B	-0.12%
UNF	B	-0.12%
NNI	D	-0.12%
SBSI	B	-0.12%
CWH	B	-0.12%
JOE	F	-0.12%
RES	D	-0.12%
NPK	B	-0.12%
LTC	B	-0.12%
UTZ	D	-0.12%
ALX	D	-0.12%
ARCH	B	-0.12%
EIG	B	-0.12%
SPTN	D	-0.11%
BHLB	B	-0.11%
SSTK	F	-0.11%
PAHC	C	-0.11%
HLIO	B	-0.11%
SMP	B	-0.11%
EPAC	B	-0.11%
PLOW	D	-0.11%
MTX	B	-0.11%
TR	B	-0.11%
LYTS	B	-0.11%
ASIX	A	-0.11%
FBK	B	-0.11%
CTS	C	-0.1%
HTH	B	-0.1%
HTBK	A	-0.1%
SWBI	C	-0.1%
LNN	B	-0.1%
CAL	D	-0.1%
ALG	B	-0.1%
SPOK	C	-0.1%
RYI	C	-0.1%
CDRE	D	-0.1%
AKR	B	-0.1%
FCPT	C	-0.1%
UE	C	-0.1%
DIN	C	-0.1%
MTRN	C	-0.1%
GTY	B	-0.1%
HAYN	C	-0.1%
HBT	B	-0.09%
WEYS	C	-0.09%
SHYF	C	-0.09%
RNGR	B	-0.09%
THFF	B	-0.09%
CPF	A	-0.09%
FCBC	B	-0.09%
FISI	A	-0.09%
MBWM	B	-0.09%
HFWA	B	-0.09%
NVEC	C	-0.09%
FBMS	B	-0.09%
DBRG	F	-0.09%
LGTY	D	-0.09%
LMNR	B	-0.09%
CNMD	C	-0.09%
KW	B	-0.09%
EE	A	-0.09%
BHRB	B	-0.09%
RUSHB	B	-0.08%
WNC	C	-0.08%
NX	C	-0.08%
DRH	B	-0.08%
ITIC	B	-0.08%
GCMG	B	-0.08%
SD	D	-0.08%
ARKO	C	-0.08%
VLGEA	B	-0.08%
TRAK	B	-0.08%
METC	C	-0.08%
RGR	F	-0.08%
MPX	B	-0.08%
BELFB	C	-0.08%
SCHL	D	-0.08%
HSTM	B	-0.08%
VSTS	C	-0.08%
TRST	A	-0.08%
RDUS	C	-0.08%
MCBS	B	-0.08%
UWMC	D	-0.08%
MSB	B	-0.08%
LOB	B	-0.08%
EVTC	B	-0.08%
MYE	F	-0.08%
ODC	C	-0.08%
PKOH	B	-0.08%
YORW	D	-0.08%
NATH	C	-0.08%
SHO	C	-0.08%
HVT	D	-0.08%
BRY	F	-0.08%
NUS	D	-0.07%
CLB	B	-0.07%
VRE	B	-0.07%
PLPC	B	-0.07%
SGC	C	-0.07%
JBGS	D	-0.07%
MLAB	D	-0.07%
XHR	B	-0.07%
UMH	C	-0.07%
ESRT	C	-0.07%
IBCP	B	-0.07%
GTN	F	-0.07%
CNOB	B	-0.07%
UVE	B	-0.07%
NIC	B	-0.07%
IMMR	C	-0.07%
GWRS	B	-0.07%
AAT	B	-0.07%
PKE	B	-0.07%
ALEX	C	-0.07%
IVT	B	-0.07%
BY	B	-0.07%
CVGW	D	-0.07%
OFLX	D	-0.06%
ATNI	F	-0.06%
CCNE	B	-0.06%
NRIM	A	-0.06%
GNE	D	-0.06%
MSBI	B	-0.06%
NFBK	B	-0.06%
ARTNA	D	-0.06%
AMAL	B	-0.06%
MOV	C	-0.06%
KELYA	F	-0.06%
PEB	D	-0.06%
QCRH	A	-0.06%
RGP	F	-0.06%
KRNY	B	-0.06%
KOP	C	-0.06%
CMP	C	-0.06%
DEA	D	-0.06%
CAC	B	-0.06%
RLJ	C	-0.06%
MMI	B	-0.06%
NEWT	B	-0.06%
CTO	B	-0.05%
OBK	B	-0.05%
SMBK	B	-0.05%
EML	D	-0.05%
FLIC	B	-0.05%
ESCA	C	-0.05%
WTI	F	-0.05%
IIIN	C	-0.05%
DBI	F	-0.05%
NRC	F	-0.05%
ALRS	D	-0.05%
BFS	C	-0.05%
BFC	B	-0.05%
PGC	C	-0.05%
BSRR	B	-0.05%
EPM	A	-0.05%
SLP	D	-0.05%
BSIG	A	-0.05%
CSR	B	-0.05%
RGCO	C	-0.05%
JOUT	D	-0.05%
FF	D	-0.05%
ALTG	C	-0.05%
EVC	C	-0.05%
UTMD	F	-0.05%
FMBH	B	-0.05%
ZEUS	C	-0.05%
HBB	F	-0.05%
DHIL	A	-0.05%
LAKE	B	-0.04%
CIVB	B	-0.04%
CASS	B	-0.04%
TIPT	B	-0.04%
RCKY	F	-0.04%
OPY	B	-0.04%
NBN	B	-0.04%
CLAR	D	-0.04%
HOFT	C	-0.04%
GSBC	B	-0.04%
ARC	A	-0.04%
TWIN	F	-0.04%
RM	D	-0.04%
DGICA	A	-0.04%
AMTB	B	-0.04%
SMBC	B	-0.04%
SVC	F	-0.04%
SHBI	A	-0.04%
SAVE	D	-0.04%
FMNB	B	-0.04%
RELL	B	-0.04%
HURC	C	-0.04%
SHEN	F	-0.04%
ORRF	B	-0.04%
OSBC	A	-0.04%
WSR	A	-0.04%
MEI	D	-0.04%
BSVN	B	-0.04%
CBL	A	-0.04%
FSBC	B	-0.04%
HCI	C	-0.04%
HQI	B	-0.04%
NTST	D	-0.04%
EQBK	A	-0.04%
NC	B	-0.04%
RICK	C	-0.04%
ALCO	D	-0.04%
CHCT	C	-0.03%
NECB	B	-0.03%
CLDT	B	-0.03%
FSBW	B	-0.03%
PSTL	D	-0.03%
CSPI	C	-0.03%
CZNC	B	-0.03%
BSET	B	-0.03%
SPFI	B	-0.03%
ACU	B	-0.03%
BHB	B	-0.03%
GNTY	A	-0.03%
AROW	B	-0.03%
AHH	D	-0.03%
BRT	B	-0.03%
OLP	B	-0.03%
TSQ	D	-0.03%
HONE	B	-0.03%
GMRE	F	-0.03%
PHX	A	-0.03%
LCUT	F	-0.03%
PLYM	F	-0.03%
BMRC	B	-0.03%
UFCS	B	-0.03%
WTBA	B	-0.03%
FRST	B	-0.03%
UNTY	B	-0.02%
RRBI	A	-0.02%
SSBK	B	-0.02%
SGA	F	-0.02%
CBNK	B	-0.02%
III	C	-0.02%
RMR	F	-0.02%
VOC	C	-0.02%
LAND	F	-0.02%
FBIZ	B	-0.02%
PKST	D	-0.02%
FRBA	C	-0.02%
DHC	F	-0.02%
FPI	B	-0.02%
CATO	D	-0.02%
FDBC	C	-0.01%
MBCN	B	-0.01%
OBT	C	-0.01%
PLBC	A	-0.01%
PINE	C	-0.01%
FNWB	C	-0.0%