ONEQ vs. FEX ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to First Trust Large Cap Core AlphaDEX (FEX)

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

$70.67

Average Daily Volume

311,243

Number of Holdings ^*

824

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$103.52

Average Daily Volume

22,970

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	FEX
30 Days	1.17%	3.61%
60 Days	1.73%	4.86%
90 Days	1.97%	6.61%
12 Months	34.63%	25.75%

108 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in FEX	Overlap
AAPL	C	11.9%	0.17%	0.17%
ACGL	C	0.15%	0.48%	0.15%
ADBE	F	0.84%	0.08%	0.08%
ADI	C	0.39%	0.08%	0.08%
ADP	B	0.39%	0.1%	0.1%
ADSK	C	0.19%	0.09%	0.09%
AEP	C	0.19%	0.4%	0.19%
ALNY	C	0.12%	0.19%	0.12%
AMAT	D	0.54%	0.27%	0.27%
AMD	D	0.86%	0.08%	0.08%
AMGN	B	0.62%	0.36%	0.36%
AMZN	C	6.77%	0.32%	0.32%
AVGO	C	2.71%	0.35%	0.35%
AXON	B	0.1%	0.22%	0.1%
BIIB	F	0.1%	0.15%	0.1%
BKNG	C	0.46%	0.34%	0.34%
BKR	C	0.12%	0.24%	0.12%
CDNS	D	0.25%	0.15%	0.15%
CEG	C	0.22%	0.34%	0.22%
CHTR	D	0.17%	0.29%	0.17%
CINF	B	0.07%	0.49%	0.07%
CMCSA	D	0.54%	0.42%	0.42%
COST	B	1.41%	0.45%	0.45%
CPB	C	0.05%	0.29%	0.05%
CPRT	D	0.17%	0.08%	0.08%
CRWD	D	0.21%	0.3%	0.21%
CSCO	C	0.7%	0.36%	0.36%
CTAS	B	0.29%	0.3%	0.29%
CTSH	C	0.13%	0.48%	0.13%
DDOG	D	0.12%	0.22%	0.12%
DKNG	C	0.06%	0.17%	0.06%
EA	D	0.13%	0.09%	0.09%
EBAY	B	0.11%	0.51%	0.11%
ENTG	F	0.06%	0.07%	0.06%
ERIE	B	0.09%	0.37%	0.09%
EXC	C	0.14%	0.39%	0.14%
EXPE	C	0.06%	0.18%	0.06%
FANG	D	0.11%	0.37%	0.11%
FCNCA	D	0.09%	0.47%	0.09%
FITB	B	0.1%	0.29%	0.1%
FOXA	B	0.03%	0.49%	0.03%
FSLR	C	0.08%	0.26%	0.08%
GEHC	C	0.14%	0.09%	0.09%
GOOGL	D	3.23%	0.37%	0.37%
HBAN	B	0.07%	0.38%	0.07%
HOLX	B	0.06%	0.09%	0.06%
HON	D	0.46%	0.08%	0.08%
INCY	C	0.04%	0.37%	0.04%
INTC	F	0.29%	0.23%	0.23%
INTU	C	0.64%	0.17%	0.17%
ISRG	B	0.6%	0.37%	0.37%
JBHT	D	0.06%	0.27%	0.06%
KDP	B	0.17%	0.28%	0.17%
KHC	C	0.15%	0.37%	0.15%
KLAC	D	0.35%	0.23%	0.23%
LIN	B	0.78%	0.09%	0.09%
LKQ	F	0.03%	0.41%	0.03%
LPLA	D	0.06%	0.31%	0.06%
LRCX	F	0.35%	0.24%	0.24%
MANH	B	0.05%	0.19%	0.05%
MAR	C	0.23%	0.24%	0.23%
MDLZ	B	0.35%	0.2%	0.2%
META	B	4.01%	0.45%	0.45%
MPWR	C	0.15%	0.27%	0.15%
MRVL	C	0.22%	0.09%	0.09%
MSFT	C	11.17%	0.16%	0.16%
NBIX	F	0.04%	0.08%	0.04%
NFLX	B	1.04%	0.35%	0.35%
NTAP	D	0.08%	0.39%	0.08%
NTNX	C	0.05%	0.26%	0.05%
NTRS	A	0.06%	0.27%	0.06%
NVDA	D	10.22%	0.4%	0.4%
NWSA	D	0.03%	0.08%	0.03%
NXPI	F	0.2%	0.22%	0.2%
OKTA	F	0.04%	0.13%	0.04%
ORLY	C	0.23%	0.18%	0.18%
PANW	D	0.39%	0.34%	0.34%
PCAR	D	0.17%	0.16%	0.16%
PFG	B	0.06%	0.18%	0.06%
PODD	B	0.06%	0.1%	0.06%
POOL	C	0.05%	0.1%	0.05%
PTC	D	0.07%	0.08%	0.07%
PYPL	B	0.25%	0.31%	0.25%
QCOM	D	0.65%	0.14%	0.14%
REGN	C	0.43%	0.19%	0.19%
RIVN	F	0.05%	0.17%	0.05%
ROP	C	0.2%	0.17%	0.17%
ROST	C	0.18%	0.27%	0.18%
SMCI	F	0.09%	0.09%	0.09%
SNPS	D	0.26%	0.21%	0.21%
SSNC	B	0.06%	0.31%	0.06%
STLD	F	0.06%	0.36%	0.06%
STX	C	0.08%	0.41%	0.08%
SWKS	D	0.05%	0.31%	0.05%
TMUS	C	0.83%	0.3%	0.3%
TROW	D	0.08%	0.39%	0.08%
TSCO	C	0.11%	0.09%	0.09%
TTD	B	0.16%	0.18%	0.16%
TTWO	C	0.09%	0.08%	0.08%
TXN	C	0.63%	0.09%	0.09%
UAL	C	0.06%	0.45%	0.06%
VRSK	D	0.13%	0.17%	0.13%
VRTX	D	0.43%	0.26%	0.26%
VTRS	D	0.05%	0.38%	0.05%
WBD	D	0.07%	0.39%	0.07%
XEL	B	0.13%	0.41%	0.13%
ZM	C	0.06%	0.29%	0.06%
ZS	F	0.09%	0.08%	0.08%

ONEQ Overweight 716 Positions Relative to FEX

Symbol	Grade	Weight
GOOG	D	3.1%
TSLA	C	2.56%
PEP	C	0.85%
SBUX	C	0.39%
MELI	B	0.38%
GILD	B	0.36%
MU	F	0.35%
CME	C	0.28%
EQIX	C	0.28%
ASML	F	0.26%
CSX	D	0.23%
PDD	F	0.22%
FTNT	C	0.2%
ABNB	D	0.18%
WDAY	D	0.18%
MNST	D	0.18%
PAYX	C	0.17%
DASH	C	0.17%
AZN	D	0.16%
ODFL	D	0.15%
NDAQ	A	0.15%
FAST	C	0.14%
IDXX	C	0.14%
MCHP	F	0.14%
CCEP	B	0.13%
COIN	F	0.12%
APP	C	0.11%
CSGP	D	0.11%
LULU	D	0.11%
DXCM	F	0.1%
CDW	D	0.1%
WTW	C	0.1%
ON	D	0.1%
SMMT	C	0.09%
SBAC	C	0.09%
TEAM	D	0.09%
MRNA	F	0.09%
ANSS	D	0.09%
WDC	D	0.08%
GFS	F	0.08%
MDB	D	0.08%
MSTR	D	0.08%
ICLR	D	0.08%
TER	D	0.07%
CHKP	B	0.07%
ILMN	C	0.07%
NTRA	C	0.06%
BMRN	F	0.06%
SNY	B	0.06%
ULTA	D	0.06%
VRSN	D	0.06%
ZBRA	B	0.06%
ARM	D	0.06%
HOOD	C	0.06%
ARGX	C	0.06%
ALGN	D	0.06%
JD	C	0.05%
REG	C	0.05%
GRAB	C	0.05%
BNTX	C	0.05%
NDSN	C	0.05%
LOGI	D	0.05%
TRMB	C	0.05%
CASY	D	0.05%
MORN	C	0.05%
PCVX	C	0.05%
LNT	B	0.05%
IBKR	B	0.05%
DLTR	F	0.05%
BSY	D	0.05%
UTHR	C	0.05%
TW	B	0.05%
AKAM	D	0.05%
CG	D	0.05%
TCOM	C	0.05%
ENPH	D	0.05%
HAS	B	0.04%
NTES	F	0.04%
LAMR	B	0.04%
PPC	D	0.04%
MEDP	F	0.04%
Z	B	0.04%
RGLD	C	0.04%
EWBC	D	0.04%
DOCU	C	0.04%
MKTX	C	0.04%
CHRW	B	0.04%
FFIV	B	0.04%
COKE	C	0.04%
SFM	B	0.04%
TTEK	C	0.04%
HST	C	0.04%
SAIA	D	0.04%
WING	B	0.04%
LCID	C	0.04%
CYBR	D	0.04%
JKHY	B	0.04%
PAA	C	0.04%
AFRM	C	0.04%
BIDU	D	0.04%
INSM	D	0.04%
RPRX	C	0.04%
TECH	C	0.04%
FLEX	C	0.04%
SRPT	D	0.04%
MNDY	B	0.04%
EXAS	C	0.04%
GLPI	C	0.04%
EVRG	B	0.04%
MAT	C	0.03%
GLBE	C	0.03%
REYN	C	0.03%
ENSG	B	0.03%
ETSY	F	0.03%
WSC	D	0.03%
AMKR	F	0.03%
FOX	B	0.03%
FRPT	B	0.03%
HLNE	B	0.03%
CVLT	B	0.03%
VKTX	C	0.03%
GTLB	D	0.03%
MMYT	B	0.03%
RGEN	F	0.03%
ASND	C	0.03%
HALO	C	0.03%
WYNN	D	0.03%
ACHC	C	0.03%
MKSI	F	0.03%
CZR	C	0.03%
HSIC	C	0.03%
SPSC	D	0.03%
MTSI	D	0.03%
CELH	F	0.03%
AAON	B	0.03%
CROX	D	0.03%
LBRDK	F	0.03%
XP	D	0.03%
ITCI	D	0.03%
NICE	F	0.03%
EXEL	C	0.03%
CHRD	F	0.03%
RVMD	C	0.03%
DUOL	B	0.03%
PARA	F	0.03%
WBA	F	0.03%
APA	F	0.03%
CBSH	C	0.03%
WIX	D	0.03%
SEIC	C	0.03%
OTEX	D	0.03%
OLED	C	0.03%
QRVO	F	0.03%
SOFI	C	0.03%
ROKU	C	0.03%
CHDN	C	0.03%
PCTY	C	0.03%
DOX	C	0.03%
LECO	F	0.03%
LNW	B	0.03%
WWD	D	0.03%
BRKR	D	0.03%
MTCH	C	0.03%
BGNE	C	0.03%
CHK	D	0.03%
TXRH	C	0.03%
FYBR	C	0.03%
IESC	C	0.02%
KYMR	C	0.02%
TCBI	B	0.02%
SMTC	C	0.02%
CCOI	C	0.02%
BANF	B	0.02%
PTEN	F	0.02%
AEIS	D	0.02%
CVCO	A	0.02%
LOPE	D	0.02%
VCTR	B	0.02%
NWL	C	0.02%
GLNG	C	0.02%
SLAB	D	0.02%
LITE	B	0.02%
INTA	A	0.02%
KTOS	C	0.02%
PLXS	A	0.02%
FOLD	D	0.02%
IPAR	F	0.02%
SITM	B	0.02%
IAC	C	0.02%
NMIH	B	0.02%
LYFT	D	0.02%
CRSP	F	0.02%
STEP	B	0.02%
RMBS	F	0.02%
STRL	B	0.02%
NPAB	D	0.02%
IBOC	D	0.02%
EXPI	C	0.02%
VOD	C	0.02%
SANM	D	0.02%
WMG	D	0.02%
PCH	C	0.02%
AUR	B	0.02%
TFSL	C	0.02%
APPF	D	0.02%
CHCI	C	0.02%
FIZZ	D	0.02%
SATS	C	0.02%
BECN	D	0.02%
BGC	B	0.02%
MARA	F	0.02%
XRAY	D	0.02%
RKLB	C	0.02%
OPCH	C	0.02%
QLYS	F	0.02%
COLM	C	0.02%
VLY	C	0.02%
IMVT	D	0.02%
CRNX	C	0.02%
QXO	F	0.02%
TGTX	C	0.02%
LANC	D	0.02%
CLBT	B	0.02%
ITRI	C	0.02%
RUN	C	0.02%
BLKB	C	0.02%
APLS	F	0.02%
SGRY	C	0.02%
CFLT	F	0.02%
HTHT	D	0.02%
ONB	C	0.02%
CACC	F	0.02%
ALTR	C	0.02%
ACLX	B	0.02%
CORT	C	0.02%
PRCT	C	0.02%
HWC	D	0.02%
HCP	B	0.02%
CRDO	D	0.02%
TMDX	C	0.02%
AXSM	C	0.02%
SRCL	A	0.02%
ASO	C	0.02%
LEGN	F	0.02%
ALKS	C	0.02%
SLM	D	0.02%
SBRA	C	0.02%
EEFT	D	0.02%
CNXC	F	0.02%
FELE	C	0.02%
WTFC	B	0.02%
VRRM	D	0.02%
PECO	B	0.02%
DBX	D	0.02%
LSTR	D	0.02%
RDNT	B	0.02%
IEP	F	0.02%
BBIO	D	0.02%
CHX	F	0.02%
TIGO	B	0.02%
EXLS	B	0.02%
MDGL	F	0.02%
PI	B	0.02%
UBSI	B	0.02%
FIVE	D	0.02%
ESGR	D	0.02%
TENB	F	0.02%
COOP	C	0.02%
ADMA	B	0.02%
ICUI	B	0.02%
ALGM	F	0.02%
GNTX	F	0.02%
SAIC	C	0.02%
ACIW	B	0.02%
UMBF	B	0.02%
AMBA	C	0.02%
MMSI	B	0.02%
BPOP	C	0.02%
ZION	D	0.02%
NSIT	D	0.02%
VRNS	C	0.02%
COLB	B	0.02%
FUTU	D	0.02%
AVAV	C	0.02%
PNFP	B	0.02%
SIGI	D	0.02%
BPMC	F	0.02%
SHC	C	0.02%
NUVL	C	0.02%
MASI	F	0.02%
CWST	D	0.02%
TPG	B	0.02%
EXPO	A	0.02%
RARE	B	0.02%
AGNC	B	0.02%
CYTK	F	0.02%
NXST	D	0.02%
AAL	D	0.02%
CSWI	B	0.02%
CGNX	F	0.02%
BCPC	C	0.02%
CRVL	B	0.02%
JAZZ	D	0.02%
FFIN	B	0.02%
PEGA	C	0.02%
RCM	C	0.02%
LSCC	D	0.02%
UFPI	C	0.02%
LFUS	C	0.02%
DNLI	C	0.02%
ACT	B	0.02%
KRYS	D	0.02%
IONS	F	0.02%
BOKF	B	0.02%
HQY	C	0.02%
OLLI	C	0.02%
FRHC	B	0.02%
LNTH	D	0.02%
NOVT	D	0.02%
MIDD	D	0.02%
CRUS	D	0.02%
WFRD	F	0.02%
IQ	F	0.01%
PYCR	D	0.01%
SANA	F	0.01%
ISTR	B	0.01%
MNTK	D	0.01%
HAFC	C	0.01%
TRDA	D	0.01%
TTGT	F	0.01%
JBSS	D	0.01%
NNDM	F	0.01%
LQDA	F	0.01%
SRCL	A	0.01%
LBRDA	F	0.01%
MOMO	D	0.01%
CBRL	D	0.01%
JACK	F	0.01%
CERS	F	0.01%
CIFR	F	0.01%
GLUE	C	0.01%
FFIC	C	0.01%
GSM	F	0.01%
OABI	D	0.01%
GDEN	D	0.01%
PLYA	D	0.01%
SCHL	D	0.01%
CNSL	B	0.01%
RIOT	F	0.01%
BCBP	C	0.01%
PLAY	F	0.01%
BASE	F	0.01%
SRRK	F	0.01%
SOUN	D	0.01%
WASH	A	0.01%
TRS	D	0.01%
SVRA	D	0.01%
KELYA	D	0.01%
GIII	C	0.01%
EYE	F	0.01%
NEXT	F	0.01%
SAVA	C	0.01%
FWRG	F	0.01%
FLYW	F	0.01%
CMCO	F	0.01%
ESTA	D	0.01%
ICHR	F	0.01%
MATW	F	0.01%
IMKTA	D	0.01%
WVE	D	0.01%
DHC	B	0.01%
NNBR	D	0.01%
KALU	F	0.01%
ULCC	D	0.01%
ODP	F	0.01%
EMBC	C	0.01%
FLGT	D	0.01%
CVAC	F	0.01%
OPK	C	0.01%
PFC	C	0.01%
TREE	C	0.01%
IBUY	B	0.01%
GMAB	F	0.01%
CEVA	C	0.01%
TYRA	C	0.01%
SABR	D	0.01%
MLCO	D	0.01%
AVAH	C	0.01%
COLL	C	0.01%
WB	D	0.01%
WULF	D	0.01%
CDNA	C	0.01%
BLMN	F	0.01%
NSSC	F	0.01%
COHU	F	0.01%
PDFS	F	0.01%
SDGR	D	0.01%
TARS	C	0.01%
NVEE	F	0.01%
HTLD	D	0.01%
DLO	D	0.01%
VIR	F	0.01%
VRNT	F	0.01%
HBNC	B	0.01%
VSEC	C	0.01%
VITL	D	0.01%
AVO	B	0.01%
AMED	C	0.01%
AMSF	C	0.01%
CNDT	C	0.01%
APOG	B	0.01%
WABC	D	0.01%
RDWR	C	0.01%
COMM	C	0.01%
IMCR	F	0.01%
THRM	D	0.01%
TRNS	D	0.01%
HROW	B	0.01%
ANIP	D	0.01%
CRAI	D	0.01%
SPT	F	0.01%
TH	D	0.01%
PFBC	D	0.01%
INMD	D	0.01%
CENX	D	0.01%
CLOV	C	0.01%
ATAT	B	0.01%
DGII	D	0.01%
GDYN	C	0.01%
PEBO	C	0.01%
MCRI	C	0.01%
ULH	C	0.01%
STAA	F	0.01%
BLBD	D	0.01%
SCSC	D	0.01%
UCTT	F	0.01%
CSGS	C	0.01%
MRVI	D	0.01%
SCVL	B	0.01%
MRTN	D	0.01%
OCFC	B	0.01%
UDMY	D	0.01%
CLSK	F	0.01%
QNST	B	0.01%
IMTX	C	0.01%
ARDX	D	0.01%
WINA	D	0.01%
CAKE	C	0.01%
PLAB	F	0.01%
TCBK	D	0.01%
VMEO	C	0.01%
DAWN	D	0.01%
VERA	C	0.01%
NVAX	D	0.01%
ECPG	D	0.01%
SAFT	D	0.01%
UNIT	C	0.01%
MYRG	F	0.01%
GABC	C	0.01%
INBK	D	0.01%
BILI	C	0.01%
ANDE	D	0.01%
BCRX	C	0.01%
RNW	C	0.01%
DCOM	B	0.01%
VECO	F	0.01%
MSEX	C	0.01%
NAVI	C	0.01%
CAR	F	0.01%
TLRY	F	0.01%
INVA	B	0.01%
DVAX	D	0.01%
LKFN	C	0.01%
RCKT	D	0.01%
AXNX	B	0.01%
CENTA	F	0.01%
HLIT	C	0.01%
IDCC	B	0.01%
AHCO	C	0.01%
FIVN	F	0.01%
HAIN	D	0.01%
PRDO	D	0.01%
TTMI	D	0.01%
HEES	D	0.01%
SIMO	F	0.01%
FTRE	D	0.01%
APPN	D	0.01%
IAS	D	0.01%
CHEF	D	0.01%
SUPN	C	0.01%
NWBI	C	0.01%
VBTX	B	0.01%
SEDG	F	0.01%
RPD	F	0.01%
VC	F	0.01%
COGT	C	0.01%
PAGP	C	0.01%
SYBT	A	0.01%
PDCO	F	0.01%
SBLK	D	0.01%
SNDX	F	0.01%
ARVN	F	0.01%
AY	C	0.01%
KURA	D	0.01%
CNXN	B	0.01%
ROIC	B	0.01%
BUSE	C	0.01%
SKWD	C	0.01%
NTCT	C	0.01%
FWRD	C	0.01%
PGNY	F	0.01%
HTZ	F	0.01%
XRX	D	0.01%
NEO	C	0.01%
NFE	F	0.01%
HOPE	B	0.01%
EWTX	B	0.01%
OSW	C	0.01%
PTVE	D	0.01%
EXTR	C	0.01%
GDS	B	0.01%
WSBC	D	0.01%
FRME	D	0.01%
CASH	B	0.01%
GTX	F	0.01%
HPK	D	0.01%
INFN	B	0.01%
DOOO	F	0.01%
OLPX	C	0.01%
LAUR	C	0.01%
BVS	C	0.01%
NVCR	D	0.01%
CHCO	B	0.01%
EVCM	D	0.01%
PRVA	F	0.01%
JANX	C	0.01%
RRR	D	0.01%
WERN	D	0.01%
SPNS	D	0.01%
STRA	F	0.01%
PCT	C	0.01%
GGAL	B	0.01%
DNUT	D	0.01%
PINC	C	0.01%
CRTO	D	0.01%
TRMK	C	0.01%
IRTC	F	0.01%
GT	F	0.01%
MGNI	D	0.01%
BANR	B	0.01%
LGND	C	0.01%
SBCF	C	0.01%
ROCK	D	0.01%
EFSC	B	0.01%
AZTA	F	0.01%
STBA	B	0.01%
MNKD	C	0.01%
YY	C	0.01%
VIAV	D	0.01%
HURN	C	0.01%
KLIC	F	0.01%
RXST	C	0.01%
MLKN	D	0.01%
TRUP	C	0.01%
CMPR	D	0.01%
HRMY	B	0.01%
MGPI	D	0.01%
FFBC	D	0.01%
POWL	C	0.01%
CLBK	C	0.01%
ARCB	D	0.01%
LMAT	C	0.01%
JBLU	D	0.01%
LGIH	C	0.01%
XPEL	D	0.01%
NMRK	A	0.01%
MBIN	D	0.01%
TWST	D	0.01%
PLUG	F	0.01%
FBNC	B	0.01%
ATRC	C	0.01%
ADUS	B	0.01%
MYGN	C	0.01%
WEN	C	0.01%
LIVN	D	0.01%
PLTK	C	0.01%
GOGL	D	0.01%
INDB	C	0.01%
ATSG	D	0.01%
ENVX	F	0.01%
ZG	B	0.01%
ALRM	F	0.01%
AKRO	C	0.01%
AMRX	B	0.01%
VCEL	D	0.01%
VRNA	C	0.01%
RBCAA	B	0.01%
BEAM	F	0.01%
MGRC	F	0.01%
SVC	D	0.01%
PPBI	D	0.01%
FROG	F	0.01%
DIOD	F	0.01%
CARG	B	0.01%
MIRM	D	0.01%
KROS	C	0.01%
CVBF	D	0.01%
CGON	C	0.01%
BL	D	0.01%
NBTB	D	0.01%
USLM	B	0.01%
MQ	F	0.01%
ACLS	F	0.01%
SKYW	C	0.01%
VERX	D	0.01%
PRGS	C	0.01%
PSMT	B	0.01%
FRSH	F	0.01%
FULT	D	0.01%
ZD	D	0.01%
JAMF	D	0.01%
GERN	D	0.01%
ERII	D	0.01%
OSIS	D	0.01%
TXG	D	0.01%
TNDM	C	0.01%
ERIC	B	0.01%
AMPH	C	0.01%
NWE	B	0.01%
IOSP	D	0.01%
PLUS	A	0.01%
PLMR	C	0.01%
NARI	F	0.01%
UFPT	B	0.01%
DRVN	C	0.01%
PRFT	B	0.01%
PTCT	C	0.01%
OMCL	C	0.01%
IOVA	C	0.01%
XNCR	C	0.01%
DYN	D	0.01%
MRCY	D	0.01%
SNEX	B	0.01%
FLNC	C	0.01%
UPST	C	0.01%
BHF	F	0.01%
IBTX	B	0.01%
ACAD	F	0.01%
BRZE	F	0.01%
SYNA	F	0.01%
AGIO	C	0.01%
HTLF	B	0.01%
CPRX	A	0.01%
LILAK	D	0.01%
EBC	B	0.01%
ASTE	D	0.01%
AGYS	D	0.01%
SWTX	F	0.01%
ASTH	B	0.01%
BZ	F	0.01%
FHB	D	0.01%
TOWN	B	0.01%
GSHD	C	0.01%
IDYA	F	0.01%
HUBG	C	0.01%
MRUS	D	0.01%
HWKN	C	0.01%
ALHC	C	0.01%
AVT	C	0.01%
QFIN	B	0.01%
SFNC	B	0.01%
IRDM	D	0.01%
URBN	F	0.01%
SHOO	B	0.01%
FORM	F	0.01%
OZK	D	0.01%
CATY	C	0.01%
ROAD	B	0.01%
ARWR	F	0.01%
ARLP	D	0.01%
OTTR	F	0.01%
PENN	D	0.01%
FIBK	B	0.01%
PATK	B	0.01%
VCYT	B	0.01%
TBBK	B	0.01%
POWI	F	0.01%
TRMD	C	0.01%
FTDR	B	0.01%
FA	B	0.01%
ACVA	B	0.01%
CALM	A	0.01%
LFST	C	0.01%
SMPL	D	0.01%
NCNO	D	0.01%
MGEE	B	0.01%
RNA	C	0.01%
LI	D	0.01%
ALKT	D	0.01%
DORM	B	0.01%
RYTM	B	0.01%
CLDX	C	0.01%
PTGX	C	0.01%
XENE	F	0.01%
WSFS	D	0.01%
VIRT	C	0.01%
NWS	D	0.01%
JJSF	C	0.01%
WDFC	C	0.01%
STNE	F	0.01%
VICR	D	0.01%
WAFD	C	0.01%
GH	D	0.01%
ICFI	B	0.01%
NEOG	D	0.01%
RUSHA	C	0.01%

ONEQ Underweight 262 Positions Relative to FEX

Symbol	Grade	Weight
DHI	B	-0.58%
IRM	C	-0.56%
LEN	B	-0.53%
HWM	B	-0.52%
ETR	B	-0.51%
KKR	B	-0.51%
HEI	B	-0.5%
BK	B	-0.5%
GPN	D	-0.49%
T	C	-0.49%
GE	B	-0.48%
BRK.A	C	-0.47%
TT	B	-0.47%
TJX	B	-0.46%
GRMN	D	-0.45%
RCL	B	-0.45%
PWR	B	-0.45%
CF	C	-0.45%
GDDY	C	-0.45%
SNA	C	-0.45%
WAB	B	-0.45%
VST	C	-0.44%
GM	C	-0.43%
FICO	B	-0.43%
LLY	C	-0.43%
EG	C	-0.43%
ANET	B	-0.43%
JPM	D	-0.43%
BAH	C	-0.43%
AFL	C	-0.42%
CVS	D	-0.42%
APO	C	-0.42%
MKL	C	-0.42%
ADM	D	-0.42%
SYF	C	-0.42%
VRT	C	-0.42%
AEE	C	-0.41%
OC	D	-0.41%
EOG	D	-0.41%
DECK	C	-0.41%
TEL	D	-0.41%
APTV	D	-0.41%
RS	D	-0.41%
XOM	C	-0.41%
WEC	C	-0.41%
ED	C	-0.4%
ATO	B	-0.4%
CB	B	-0.39%
DGX	B	-0.39%
MTB	B	-0.39%
PCG	C	-0.39%
CAG	C	-0.39%
CE	F	-0.39%
MSI	B	-0.39%
COP	D	-0.39%
CNC	D	-0.39%
UHAL	A	-0.39%
HIG	B	-0.39%
MPC	F	-0.39%
WPC	C	-0.39%
BRO	C	-0.39%
RF	B	-0.38%
KR	C	-0.38%
CFG	C	-0.38%
PSX	F	-0.38%
LII	B	-0.38%
NUE	F	-0.38%
EQT	D	-0.38%
CVX	D	-0.38%
DTE	C	-0.38%
BG	D	-0.38%
KMI	B	-0.37%
BSX	B	-0.37%
CL	D	-0.37%
VZ	B	-0.37%
SRE	C	-0.37%
SJM	C	-0.37%
HAL	F	-0.36%
L	C	-0.36%
DE	B	-0.36%
VLO	F	-0.36%
IPG	C	-0.36%
TDG	B	-0.36%
CTRA	D	-0.36%
PLTR	B	-0.36%
DOV	B	-0.35%
LNG	C	-0.35%
DVN	F	-0.35%
HLT	B	-0.34%
OXY	F	-0.34%
HPE	D	-0.34%
COF	B	-0.34%
JBL	D	-0.33%
FDX	C	-0.33%
ETN	C	-0.33%
AIG	D	-0.33%
LYB	D	-0.33%
MMM	B	-0.33%
ZBH	F	-0.33%
CRBG	D	-0.32%
APH	D	-0.32%
CCL	C	-0.32%
PHM	B	-0.32%
DAL	C	-0.32%
ORCL	C	-0.31%
WFC	D	-0.31%
FNF	B	-0.31%
CMG	C	-0.31%
KIM	C	-0.31%
TYL	C	-0.3%
BBY	C	-0.3%
DUK	C	-0.3%
PKG	B	-0.3%
GIS	B	-0.3%
CMS	C	-0.3%
TRV	C	-0.3%
D	C	-0.3%
NEE	C	-0.3%
BEN	F	-0.3%
EIX	C	-0.3%
USB	B	-0.29%
NOW	B	-0.29%
JNJ	C	-0.29%
WY	C	-0.29%
URI	B	-0.29%
F	F	-0.29%
OKE	B	-0.29%
PEG	B	-0.29%
STT	A	-0.29%
AJG	D	-0.29%
FE	C	-0.29%
PNC	B	-0.29%
EPAM	F	-0.28%
HSY	C	-0.28%
TDY	B	-0.28%
APD	B	-0.28%
EQR	B	-0.28%
AZO	D	-0.27%
DPZ	F	-0.27%
RSG	D	-0.27%
ECL	B	-0.27%
HRL	C	-0.27%
GS	C	-0.27%
TXT	D	-0.26%
PSTG	F	-0.26%
CSL	B	-0.26%
TGT	C	-0.26%
ROL	C	-0.26%
CAT	B	-0.26%
WM	D	-0.25%
XYL	C	-0.25%
BAC	D	-0.25%
UBER	C	-0.25%
GPC	D	-0.25%
LUV	C	-0.25%
IR	C	-0.25%
DOW	D	-0.24%
CBRE	A	-0.23%
CNP	C	-0.23%
C	C	-0.23%
KVUE	C	-0.22%
PINS	F	-0.22%
MOH	D	-0.21%
LMT	C	-0.21%
WELL	C	-0.21%
PM	C	-0.21%
HCA	B	-0.21%
VTR	C	-0.21%
AWK	B	-0.2%
ESS	B	-0.2%
LOW	B	-0.2%
MAA	B	-0.2%
PH	B	-0.2%
MMC	C	-0.19%
CI	C	-0.19%
GWW	B	-0.19%
ARES	B	-0.19%
WRB	C	-0.19%
AVB	B	-0.19%
OMC	B	-0.19%
KO	C	-0.19%
MO	C	-0.19%
BLK	B	-0.19%
MDT	C	-0.19%
KEY	B	-0.19%
MCO	B	-0.19%
J	C	-0.18%
WSO	C	-0.18%
DLR	B	-0.18%
NKE	D	-0.18%
GD	B	-0.18%
ARE	C	-0.18%
WMB	B	-0.18%
BR	D	-0.18%
LYV	B	-0.18%
CMI	C	-0.18%
JCI	B	-0.18%
SYK	C	-0.18%
OTIS	C	-0.17%
MTD	D	-0.17%
PPG	D	-0.17%
CHD	D	-0.17%
ELV	C	-0.17%
MS	D	-0.17%
LHX	C	-0.17%
UPS	D	-0.16%
RJF	C	-0.16%
WLK	D	-0.16%
MGM	F	-0.14%
HUM	F	-0.14%
TRU	B	-0.12%
K	B	-0.12%
IBM	B	-0.11%
DG	F	-0.11%
RMD	C	-0.11%
AXP	B	-0.1%
MA	B	-0.1%
ABT	C	-0.1%
RPM	B	-0.1%
IT	B	-0.1%
CPNG	B	-0.1%
NSC	C	-0.1%
SO	B	-0.1%
SNAP	F	-0.1%
TRGP	B	-0.1%
PPL	C	-0.1%
SPGI	B	-0.1%
RTX	C	-0.1%
WMT	C	-0.1%
MKC	C	-0.1%
NOC	B	-0.1%
BAX	C	-0.1%
NVR	B	-0.1%
PGR	B	-0.1%
DD	B	-0.09%
INVH	C	-0.09%
CTVA	B	-0.09%
KMB	D	-0.09%
DRI	B	-0.09%
PG	C	-0.09%
SYY	D	-0.09%
TSN	C	-0.09%
SPG	B	-0.09%
AMH	C	-0.09%
GLW	C	-0.09%
TMO	B	-0.09%
STE	C	-0.09%
HUBB	B	-0.09%
HPQ	D	-0.08%
NET	D	-0.08%
EXPD	C	-0.08%
VMC	D	-0.08%
MLM	D	-0.08%
STZ	D	-0.08%
CRM	D	-0.08%
BDX	D	-0.08%
PRU	C	-0.08%
EL	F	-0.07%
HUBS	D	-0.07%
BA	F	-0.07%
FCX	D	-0.07%
EW	F	-0.06%