ONEQ vs. FNDX ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

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

$65.88

Average Daily Volume

315,792

Number of Holdings ^*

829

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$68.41

Average Daily Volume

449,199

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	FNDX
30 Days	3.36%	3.86%
60 Days	-9.22%	1.51%
90 Days	-2.22%	3.23%
12 Months	22.48%	20.88%

185 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in FNDX	Overlap
AAL	C	0.02%	0.0%	0.0%
AAPL	C	12.24%	4.47%	4.47%
ACGL	B	0.16%	0.05%	0.05%
ADBE	B	0.93%	0.21%	0.21%
ADI	C	0.39%	0.13%	0.13%
ADP	B	0.4%	0.14%	0.14%
ADSK	B	0.2%	0.03%	0.03%
AEP	A	0.19%	0.18%	0.18%
AKAM	D	0.05%	0.04%	0.04%
ALGN	F	0.06%	0.02%	0.02%
AMAT	F	0.54%	0.25%	0.25%
AMD	F	0.82%	0.09%	0.09%
AMGN	C	0.64%	0.48%	0.48%
AMZN	D	6.52%	1.32%	1.32%
ANDE	D	0.01%	0.01%	0.01%
ANSS	D	0.09%	0.02%	0.02%
APA	F	0.03%	0.03%	0.03%
ASO	C	0.02%	0.02%	0.02%
AVGO	D	2.58%	0.63%	0.63%
AVT	C	0.01%	0.08%	0.01%
BECN	D	0.02%	0.02%	0.02%
BIIB	D	0.11%	0.11%	0.11%
BKNG	C	0.46%	0.2%	0.2%
BKR	D	0.12%	0.14%	0.12%
BPOP	B	0.02%	0.03%	0.02%
CAR	F	0.01%	0.02%	0.01%
CASY	C	0.05%	0.05%	0.05%
CCEP	A	0.13%	0.03%	0.03%
CDNS	D	0.25%	0.03%	0.03%
CDW	D	0.1%	0.06%	0.06%
CEG	D	0.2%	0.09%	0.09%
CG	D	0.05%	0.03%	0.03%
CHK	F	0.03%	0.02%	0.02%
CHKP	B	0.07%	0.03%	0.03%
CHRW	B	0.04%	0.08%	0.04%
CHTR	C	0.17%	0.33%	0.17%
CINF	B	0.07%	0.07%	0.07%
CMCSA	C	0.54%	0.75%	0.54%
CME	A	0.28%	0.08%	0.08%
CNXC	C	0.02%	0.01%	0.01%
COST	B	1.42%	0.7%	0.7%
CPB	A	0.06%	0.04%	0.04%
CPRT	D	0.18%	0.02%	0.02%
CSCO	B	0.72%	0.73%	0.72%
CSX	D	0.24%	0.22%	0.22%
CTAS	B	0.29%	0.09%	0.09%
CTSH	B	0.14%	0.18%	0.14%
CZR	D	0.03%	0.02%	0.02%
DBX	D	0.02%	0.01%	0.01%
DLTR	F	0.05%	0.05%	0.05%
DOX	C	0.03%	0.04%	0.03%
EA	C	0.14%	0.08%	0.08%
EBAY	A	0.1%	0.18%	0.1%
EQIX	B	0.28%	0.08%	0.08%
EVRG	A	0.05%	0.07%	0.05%
EWBC	C	0.04%	0.03%	0.03%
EXC	A	0.14%	0.17%	0.14%
EXPE	C	0.06%	0.03%	0.03%
FANG	D	0.12%	0.05%	0.05%
FAST	D	0.13%	0.06%	0.06%
FCNCA	C	0.1%	0.02%	0.02%
FFIV	B	0.04%	0.03%	0.03%
FITB	B	0.1%	0.13%	0.1%
FLEX	C	0.05%	0.05%	0.05%
FOXA	B	0.03%	0.09%	0.03%
FSLR	C	0.08%	0.02%	0.02%
FTNT	B	0.21%	0.03%	0.03%
FYBR	A	0.04%	0.03%	0.03%
GEHC	B	0.14%	0.07%	0.07%
GILD	A	0.35%	0.33%	0.33%
GLPI	A	0.05%	0.02%	0.02%
GNTX	D	0.02%	0.03%	0.02%
GOOG	D	3.2%	1.07%	1.07%
GOOGL	D	3.32%	1.23%	1.23%
GT	F	0.01%	0.03%	0.01%
HAS	B	0.04%	0.03%	0.03%
HBAN	B	0.07%	0.07%	0.07%
HOLX	A	0.06%	0.04%	0.04%
HON	D	0.48%	0.34%	0.34%
HSIC	C	0.03%	0.04%	0.03%
HST	D	0.04%	0.04%	0.04%
HTZ	F	0.01%	0.01%	0.01%
HUBG	B	0.01%	0.02%	0.01%
ICLR	D	0.09%	0.02%	0.02%
IDXX	D	0.14%	0.02%	0.02%
ILMN	B	0.08%	0.03%	0.03%
INTC	F	0.3%	0.61%	0.3%
INTU	D	0.63%	0.1%	0.1%
ISRG	B	0.61%	0.08%	0.08%
JAZZ	D	0.02%	0.01%	0.01%
JBHT	C	0.06%	0.04%	0.04%
JKHY	B	0.04%	0.02%	0.02%
KDP	A	0.18%	0.08%	0.08%
KHC	A	0.16%	0.11%	0.11%
KLAC	D	0.36%	0.1%	0.1%
LAMR	B	0.04%	0.02%	0.02%
LECO	F	0.03%	0.02%	0.02%
LILAK	D	0.01%	0.01%	0.01%
LIN	B	0.82%	0.36%	0.36%
LKQ	D	0.04%	0.05%	0.04%
LNT	A	0.05%	0.04%	0.04%
LPLA	D	0.06%	0.03%	0.03%
LRCX	F	0.36%	0.16%	0.16%
LSTR	D	0.02%	0.02%	0.02%
LSXMK	C	0.02%	0.05%	0.02%
LULU	F	0.11%	0.02%	0.02%
MAR	D	0.23%	0.08%	0.08%
MCHP	D	0.15%	0.05%	0.05%
MDLZ	A	0.36%	0.22%	0.22%
META	C	4.06%	1.78%	1.78%
MIDD	D	0.03%	0.02%	0.02%
MKSI	F	0.03%	0.02%	0.02%
MNST	D	0.18%	0.04%	0.04%
MRNA	F	0.1%	0.04%	0.04%
MRVL	D	0.22%	0.03%	0.03%
MSFT	D	10.98%	2.41%	2.41%
MU	F	0.36%	0.36%	0.36%
NAVI	C	0.01%	0.02%	0.01%
NDAQ	A	0.15%	0.03%	0.03%
NDSN	C	0.05%	0.02%	0.02%
NFLX	B	1.05%	0.14%	0.14%
NSIT	C	0.02%	0.02%	0.02%
NTAP	D	0.09%	0.08%	0.08%
NTRS	B	0.06%	0.07%	0.06%
NVDA	D	9.44%	0.34%	0.34%
NWL	A	0.02%	0.03%	0.02%
NWSA	C	0.03%	0.04%	0.03%
NXPI	D	0.22%	0.08%	0.08%
NXST	D	0.02%	0.03%	0.02%
ODFL	D	0.15%	0.05%	0.05%
ODP	F	0.01%	0.02%	0.01%
ON	D	0.11%	0.04%	0.04%
ORLY	B	0.24%	0.1%	0.1%
PANW	B	0.4%	0.03%	0.03%
PARA	F	0.03%	0.1%	0.03%
PAYX	B	0.17%	0.06%	0.06%
PCAR	D	0.18%	0.13%	0.13%
PENN	F	0.01%	0.02%	0.01%
PEP	A	0.88%	0.45%	0.45%
PFG	D	0.06%	0.08%	0.06%
POOL	C	0.05%	0.02%	0.02%
PYPL	B	0.27%	0.19%	0.19%
QCOM	F	0.66%	0.46%	0.46%
QRVO	D	0.03%	0.05%	0.03%
REG	A	0.05%	0.02%	0.02%
REGN	B	0.46%	0.16%	0.16%
ROP	C	0.21%	0.05%	0.05%
ROST	B	0.18%	0.08%	0.08%
RUSHA	C	0.02%	0.02%	0.02%
SAIC	B	0.02%	0.03%	0.02%
SANM	D	0.02%	0.03%	0.02%
SBAC	A	0.09%	0.02%	0.02%
SBUX	B	0.37%	0.26%	0.26%
SEIC	D	0.03%	0.02%	0.02%
SFM	B	0.04%	0.05%	0.04%
SLM	D	0.02%	0.04%	0.02%
SNPS	D	0.26%	0.03%	0.03%
SSNC	B	0.06%	0.04%	0.04%
STLD	D	0.06%	0.09%	0.06%
STX	D	0.08%	0.1%	0.08%
SWKS	D	0.06%	0.05%	0.05%
TER	D	0.07%	0.05%	0.05%
TMUS	B	0.84%	0.23%	0.23%
TRMB	D	0.05%	0.02%	0.02%
TROW	D	0.09%	0.11%	0.09%
TSCO	B	0.11%	0.06%	0.06%
TSLA	D	2.53%	0.17%	0.17%
TTWO	B	0.09%	0.03%	0.03%
TXN	C	0.67%	0.35%	0.35%
UFPI	D	0.02%	0.03%	0.02%
ULTA	D	0.06%	0.03%	0.03%
VRSK	C	0.14%	0.04%	0.04%
VRSN	C	0.06%	0.01%	0.01%
VRTX	D	0.44%	0.08%	0.08%
VTRS	C	0.05%	0.1%	0.05%
WBA	F	0.03%	0.14%	0.03%
WBD	D	0.07%	0.06%	0.06%
WDC	D	0.08%	0.13%	0.08%
WERN	D	0.01%	0.02%	0.01%
WTW	A	0.11%	0.07%	0.07%
XEL	A	0.13%	0.11%	0.11%
XRAY	D	0.02%	0.02%	0.02%
XRX	D	0.01%	0.02%	0.01%
ZBRA	C	0.06%	0.03%	0.03%
ZION	C	0.02%	0.05%	0.02%

ONEQ Overweight 644 Positions Relative to FNDX

Symbol	Grade	Weight
MELI	B	0.36%
ASML	F	0.26%
PDD	F	0.22%
CRWD	F	0.21%
WDAY	C	0.19%
AZN	B	0.18%
ABNB	F	0.18%
DASH	B	0.17%
TTD	B	0.16%
MPWR	C	0.15%
DDOG	D	0.12%
ALNY	C	0.12%
COIN	F	0.12%
CSGP	C	0.11%
DXCM	F	0.1%
APP	B	0.09%
ERIE	A	0.09%
SMCI	F	0.09%
AXON	B	0.09%
TEAM	F	0.09%
MDB	C	0.08%
ZS	F	0.08%
GFS	F	0.08%
ARGX	A	0.07%
PTC	D	0.07%
MSTR	F	0.07%
PODD	A	0.06%
TCOM	A	0.06%
UTHR	B	0.06%
NTNX	A	0.06%
ENPH	D	0.06%
DKNG	D	0.06%
ENTG	D	0.06%
SNY	A	0.06%
BMRN	D	0.06%
ZM	B	0.06%
NBIX	D	0.05%
OKTA	F	0.05%
GRAB	D	0.05%
RPRX	B	0.05%
JD	D	0.05%
PCVX	A	0.05%
SRPT	D	0.05%
LOGI	D	0.05%
UAL	C	0.05%
NTRA	B	0.05%
MORN	C	0.05%
IBKR	B	0.05%
RIVN	F	0.05%
ARM	D	0.05%
BSY	D	0.05%
TW	B	0.05%
MANH	B	0.05%
HOOD	D	0.05%
BNTX	C	0.04%
MTCH	B	0.04%
RGLD	C	0.04%
TXRH	D	0.04%
MEDP	D	0.04%
MKTX	A	0.04%
NTES	F	0.04%
EXAS	B	0.04%
AFRM	B	0.04%
DOCU	A	0.04%
SIRI	F	0.04%
WING	C	0.04%
SAIA	D	0.04%
LCID	B	0.04%
TTEK	B	0.04%
COKE	B	0.04%
TECH	D	0.04%
PAA	D	0.04%
PPC	B	0.04%
CYBR	C	0.04%
BIDU	F	0.04%
MNDY	C	0.04%
INSM	C	0.04%
INCY	C	0.04%
BOKF	B	0.03%
MMYT	B	0.03%
LFUS	C	0.03%
WSC	D	0.03%
LNTH	C	0.03%
NOVT	C	0.03%
MAT	C	0.03%
AMKR	F	0.03%
ENSG	B	0.03%
HQY	D	0.03%
HLNE	B	0.03%
CRUS	C	0.03%
ETSY	F	0.03%
FRPT	B	0.03%
REYN	A	0.03%
WFRD	F	0.03%
GTLB	C	0.03%
CVLT	B	0.03%
AAON	C	0.03%
DUOL	B	0.03%
FOX	B	0.03%
CELH	F	0.03%
WYNN	D	0.03%
XP	C	0.03%
IONS	D	0.03%
ASND	D	0.03%
HALO	B	0.03%
ITCI	C	0.03%
SPSC	D	0.03%
MTSI	D	0.03%
EXEL	B	0.03%
ROKU	C	0.03%
ACHC	B	0.03%
LBRDK	C	0.03%
RGEN	C	0.03%
RVMD	D	0.03%
NICE	F	0.03%
OLED	D	0.03%
CHRD	F	0.03%
CROX	C	0.03%
SOFI	D	0.03%
CBSH	B	0.03%
WIX	C	0.03%
OTEX	C	0.03%
SMMT	B	0.03%
CHDN	D	0.03%
LNW	B	0.03%
BGNE	B	0.03%
PCTY	C	0.03%
WWD	D	0.03%
BRKR	C	0.03%
Z	B	0.03%
VICR	D	0.02%
ICFI	B	0.02%
SITM	C	0.02%
RKLB	B	0.02%
XENE	D	0.02%
NCNO	D	0.02%
CLDX	A	0.02%
CRSP	F	0.02%
NEOG	D	0.02%
IESC	C	0.02%
WAFD	B	0.02%
WSFS	C	0.02%
SLAB	D	0.02%
BANF	B	0.02%
KYMR	B	0.02%
JJSF	C	0.02%
CHCI	A	0.02%
ALKT	C	0.02%
AEIS	D	0.02%
INTA	B	0.02%
NWS	C	0.02%
WDFC	A	0.02%
QXO	F	0.02%
STNE	F	0.02%
ACLX	A	0.02%
PLXS	B	0.02%
SMTC	B	0.02%
KTOS	C	0.02%
FIVE	F	0.02%
PCH	C	0.02%
LITE	C	0.02%
ARWR	F	0.02%
GLNG	D	0.02%
LOPE	D	0.02%
VCTR	B	0.02%
IAC	C	0.02%
MARA	F	0.02%
BRZE	F	0.02%
LYFT	F	0.02%
WMG	F	0.02%
FOLD	A	0.02%
RMBS	F	0.02%
NMIH	B	0.02%
VOD	A	0.02%
TGTX	B	0.02%
CORT	B	0.02%
PTEN	F	0.02%
IPAR	D	0.02%
IBOC	C	0.02%
TFSL	C	0.02%
APPF	D	0.02%
ITRI	D	0.02%
STEP	B	0.02%
PRCT	B	0.02%
QLYS	F	0.02%
VLY	C	0.02%
CLBT	B	0.02%
CRNX	C	0.02%
COLM	B	0.02%
SBRA	A	0.02%
BLKB	B	0.02%
BGC	B	0.02%
LANC	D	0.02%
CFLT	F	0.02%
FIZZ	D	0.02%
OPCH	A	0.02%
SRCL	A	0.02%
PI	C	0.02%
ALTR	D	0.02%
SGRY	B	0.02%
APLS	C	0.02%
RDNT	B	0.02%
IMVT	B	0.02%
PECO	A	0.02%
HCP	B	0.02%
NPAB	D	0.02%
TMDX	C	0.02%
RUN	B	0.02%
HTHT	D	0.02%
ONB	C	0.02%
VRRM	D	0.02%
ICUI	B	0.02%
AXSM	A	0.02%
CACC	F	0.02%
FELE	D	0.02%
ALKS	B	0.02%
WTFC	B	0.02%
HWC	C	0.02%
ADMA	B	0.02%
TIGO	A	0.02%
DNLI	A	0.02%
TPG	B	0.02%
EXLS	B	0.02%
COOP	B	0.02%
EEFT	D	0.02%
CRDO	C	0.02%
ESGR	D	0.02%
CHX	D	0.02%
SHC	A	0.02%
UMBF	B	0.02%
TENB	D	0.02%
MDGL	D	0.02%
UBSI	B	0.02%
ACIW	B	0.02%
ALGM	F	0.02%
LEGN	D	0.02%
MMSI	A	0.02%
NUVL	A	0.02%
CSWI	C	0.02%
RARE	B	0.02%
COLB	B	0.02%
CWST	C	0.02%
AMBA	D	0.02%
SIGI	D	0.02%
IEP	F	0.02%
AVAV	B	0.02%
EXPO	B	0.02%
VRNS	C	0.02%
AGNC	A	0.02%
OLLI	D	0.02%
CYTK	F	0.02%
KRYS	D	0.02%
FUTU	F	0.02%
PNFP	B	0.02%
MASI	D	0.02%
CRVL	B	0.02%
FFIN	B	0.02%
FRHC	A	0.02%
LSCC	F	0.02%
BPMC	F	0.02%
BBIO	B	0.02%
CGNX	D	0.02%
BCPC	C	0.02%
VKTX	C	0.02%
RCM	B	0.02%
PEGA	B	0.02%
GLBE	D	0.02%
ACT	A	0.02%
LQDA	F	0.01%
NRC	F	0.01%
SLP	F	0.01%
OABI	F	0.01%
GLUE	B	0.01%
MNTK	F	0.01%
CVAC	F	0.01%
SRCL	A	0.01%
ULCC	D	0.01%
MOMO	D	0.01%
CIFR	F	0.01%
PLAY	F	0.01%
CGNT	C	0.01%
COMM	B	0.01%
LBRDA	C	0.01%
BMBL	D	0.01%
NEXT	D	0.01%
IQ	F	0.01%
ISTR	B	0.01%
SOUN	D	0.01%
WVE	F	0.01%
PYCR	C	0.01%
CBRL	F	0.01%
HAFC	B	0.01%
NNDM	F	0.01%
RIOT	F	0.01%
BCBP	B	0.01%
TRDA	C	0.01%
JBSS	D	0.01%
FFIC	C	0.01%
CERS	C	0.01%
PLYA	D	0.01%
GDEN	C	0.01%
SCHL	D	0.01%
TTGT	F	0.01%
TRS	D	0.01%
NNBR	D	0.01%
JACK	F	0.01%
CNSL	A	0.01%
EYE	F	0.01%
DHC	C	0.01%
ESTA	D	0.01%
GSM	F	0.01%
KELYA	D	0.01%
WASH	B	0.01%
SRRK	D	0.01%
AVO	A	0.01%
FLYW	D	0.01%
CEVA	B	0.01%
ICHR	F	0.01%
SABR	F	0.01%
FLGT	D	0.01%
TARS	B	0.01%
IMKTA	D	0.01%
MATW	F	0.01%
SVRA	D	0.01%
TREE	B	0.01%
KALU	F	0.01%
MLCO	D	0.01%
WULF	D	0.01%
SAVA	B	0.01%
CMCO	F	0.01%
FWRG	D	0.01%
IBUY	D	0.01%
HROW	B	0.01%
EMBC	B	0.01%
SANA	D	0.01%
PFC	B	0.01%
CDNA	B	0.01%
VIR	F	0.01%
OPK	B	0.01%
TYRA	B	0.01%
PCT	F	0.01%
GMAB	C	0.01%
AVAH	B	0.01%
SDGR	F	0.01%
WB	F	0.01%
INMD	F	0.01%
COLL	B	0.01%
COHU	F	0.01%
PDFS	D	0.01%
UNIT	A	0.01%
DLO	D	0.01%
IMTX	C	0.01%
VITL	D	0.01%
BLMN	F	0.01%
VSEC	C	0.01%
CNDT	B	0.01%
NVAX	D	0.01%
APOG	C	0.01%
NVEE	F	0.01%
SCVL	B	0.01%
ARDX	D	0.01%
HTLD	D	0.01%
HBNC	B	0.01%
CENX	F	0.01%
CLOV	B	0.01%
CLSK	F	0.01%
AMSF	B	0.01%
BASE	D	0.01%
CRAI	D	0.01%
THRM	D	0.01%
AMED	B	0.01%
ATAT	A	0.01%
RDWR	B	0.01%
TRNS	D	0.01%
WABC	C	0.01%
TH	C	0.01%
GDYN	B	0.01%
STAA	F	0.01%
PFBC	C	0.01%
BLBD	D	0.01%
ULH	C	0.01%
MRVI	A	0.01%
MCRI	A	0.01%
PEBO	C	0.01%
MYRG	F	0.01%
OCFC	B	0.01%
UCTT	F	0.01%
NSSC	F	0.01%
SPT	F	0.01%
QNST	B	0.01%
CSGS	C	0.01%
RNW	D	0.01%
PLAB	F	0.01%
RCKT	F	0.01%
UDMY	F	0.01%
MRTN	D	0.01%
DAWN	D	0.01%
WINA	D	0.01%
IMCR	F	0.01%
ANIP	D	0.01%
VMEO	B	0.01%
ECPG	C	0.01%
SCSC	C	0.01%
VRNT	F	0.01%
DGII	B	0.01%
TLRY	F	0.01%
MSEX	B	0.01%
TCBK	C	0.01%
CAKE	C	0.01%
VERA	B	0.01%
GABC	B	0.01%
DVAX	C	0.01%
INBK	B	0.01%
BILI	C	0.01%
SAFT	B	0.01%
DCOM	B	0.01%
INVA	B	0.01%
BVS	B	0.01%
APPN	F	0.01%
VECO	F	0.01%
AXNX	A	0.01%
IDCC	B	0.01%
BCRX	B	0.01%
PRDO	D	0.01%
ROIC	B	0.01%
KURA	D	0.01%
TTMI	D	0.01%
CENTA	D	0.01%
SIMO	F	0.01%
JANX	C	0.01%
NVCR	D	0.01%
LAUR	C	0.01%
FWRD	D	0.01%
CNXN	B	0.01%
VBTX	B	0.01%
FTRE	F	0.01%
LKFN	B	0.01%
HAIN	B	0.01%
SBLK	D	0.01%
SYBT	B	0.01%
AHCO	A	0.01%
NEO	B	0.01%
EWTX	D	0.01%
JBLU	D	0.01%
PAGP	D	0.01%
TWST	F	0.01%
IRTC	F	0.01%
HLIT	B	0.01%
PDCO	F	0.01%
OLPX	B	0.01%
HEES	F	0.01%
AY	A	0.01%
FIVN	F	0.01%
INFN	A	0.01%
NWBI	B	0.01%
ARVN	F	0.01%
PGNY	D	0.01%
IAS	C	0.01%
EXTR	C	0.01%
NFE	F	0.01%
OSW	D	0.01%
CHEF	B	0.01%
SNDX	D	0.01%
GGAL	A	0.01%
BUSE	B	0.01%
HOPE	B	0.01%
EVCM	D	0.01%
SKWD	A	0.01%
POWL	C	0.01%
MGNI	D	0.01%
CASH	A	0.01%
XNCR	F	0.01%
PTVE	D	0.01%
LGIH	C	0.01%
PLUG	F	0.01%
HRMY	B	0.01%
RPD	F	0.01%
WSBC	B	0.01%
SPNS	D	0.01%
GTX	D	0.01%
COGT	B	0.01%
PRVA	D	0.01%
YY	A	0.01%
FRME	C	0.01%
ENVX	F	0.01%
CHCO	B	0.01%
DNUT	C	0.01%
ROCK	D	0.01%
VC	F	0.01%
NTCT	C	0.01%
TRUP	B	0.01%
SEDG	F	0.01%
GDS	A	0.01%
LGND	B	0.01%
HPK	D	0.01%
AZTA	F	0.01%
MNKD	A	0.01%
NMRK	A	0.01%
ZG	B	0.01%
VIAV	C	0.01%
STRA	D	0.01%
SUPN	B	0.01%
MYGN	B	0.01%
ATRC	C	0.01%
EFSC	B	0.01%
RXST	B	0.01%
STBA	B	0.01%
SBCF	B	0.01%
TRMK	B	0.01%
PINC	A	0.01%
KLIC	F	0.01%
BANR	B	0.01%
HURN	C	0.01%
BEAM	F	0.01%
ARCB	F	0.01%
USLM	C	0.01%
CRTO	B	0.01%
LMAT	B	0.01%
VRNA	B	0.01%
XPEL	C	0.01%
WEN	C	0.01%
RRR	C	0.01%
DOOO	D	0.01%
CLBK	B	0.01%
FBNC	B	0.01%
FLNC	C	0.01%
KROS	B	0.01%
PLTK	D	0.01%
MGPI	B	0.01%
AKRO	C	0.01%
MBIN	C	0.01%
MLKN	D	0.01%
FFBC	B	0.01%
RBCAA	B	0.01%
ADUS	B	0.01%
ALHC	A	0.01%
GOGL	D	0.01%
CARG	B	0.01%
AMRX	A	0.01%
SKYW	D	0.01%
LIVN	D	0.01%
INDB	B	0.01%
ASTH	B	0.01%
ACLS	F	0.01%
TNDM	B	0.01%
NARI	D	0.01%
BL	D	0.01%
GERN	D	0.01%
ATSG	C	0.01%
MQ	F	0.01%
CVBF	D	0.01%
ZD	F	0.01%
DIOD	F	0.01%
MGRC	D	0.01%
PSMT	B	0.01%
VERX	C	0.01%
SVC	D	0.01%
MIRM	B	0.01%
FROG	F	0.01%
OSIS	C	0.01%
PRGS	B	0.01%
PPBI	C	0.01%
NWE	A	0.01%
ALRM	F	0.01%
VCEL	C	0.01%
ERII	D	0.01%
AMPH	C	0.01%
JAMF	D	0.01%
PLUS	B	0.01%
FRSH	F	0.01%
UPST	B	0.01%
ERIC	B	0.01%
DRVN	B	0.01%
CGON	A	0.01%
PTCT	C	0.01%
ROAD	C	0.01%
CMPR	B	0.01%
PRFT	A	0.01%
IOSP	D	0.01%
NBTB	B	0.01%
DYN	D	0.01%
AGIO	C	0.01%
SNEX	C	0.01%
TXG	D	0.01%
MRCY	B	0.01%
VCYT	B	0.01%
IOVA	C	0.01%
HTLF	B	0.01%
FULT	C	0.01%
OMCL	A	0.01%
PLMR	B	0.01%
SATS	A	0.01%
ACVA	B	0.01%
UFPT	B	0.01%
CPRX	B	0.01%
SYNA	F	0.01%
IBTX	B	0.01%
PTGX	B	0.01%
PATK	B	0.01%
GSHD	A	0.01%
ASTE	D	0.01%
SHOO	C	0.01%
BZ	F	0.01%
ACAD	F	0.01%
TOWN	B	0.01%
EBC	B	0.01%
EXPI	F	0.01%
QFIN	B	0.01%
GH	F	0.01%
SFNC	B	0.01%
IDYA	D	0.01%
FHB	C	0.01%
ARLP	D	0.01%
BHF	D	0.01%
IRDM	D	0.01%
MRUS	D	0.01%
FA	B	0.01%
SMPL	D	0.01%
HWKN	B	0.01%
MGEE	B	0.01%
AUR	B	0.01%
LFST	A	0.01%
AGYS	C	0.01%
RYTM	A	0.01%
OZK	D	0.01%
FORM	F	0.01%
DORM	B	0.01%
FIBK	B	0.01%
STRL	C	0.01%
TRMD	D	0.01%
CATY	B	0.01%
TCBI	A	0.01%
TBBK	B	0.01%
CALM	B	0.01%
URBN	D	0.01%
FTDR	B	0.01%
LI	F	0.01%
OTTR	D	0.01%
CVCO	B	0.01%
VIRT	A	0.01%
POWI	F	0.01%
CCOI	A	0.01%
SWTX	C	0.01%
RNA	D	0.01%

ONEQ Underweight 533 Positions Relative to FNDX

Symbol	Grade	Weight
BRK.A	B	-2.4%
JPM	B	-2.06%
XOM	C	-1.97%
WMT	A	-1.45%
T	A	-1.29%
VZ	B	-1.28%
BAC	D	-1.27%
UNH	A	-1.26%
WFC	D	-1.19%
C	D	-1.11%
CVX	F	-1.1%
JNJ	B	-1.01%
PG	A	-0.84%
HD	B	-0.75%
PFE	D	-0.72%
GM	B	-0.72%
CVS	F	-0.67%
ABBV	B	-0.61%
IBM	A	-0.58%
GS	C	-0.57%
CI	B	-0.55%
ELV	B	-0.52%
PM	A	-0.51%
MRK	D	-0.51%
KO	B	-0.44%
MPC	D	-0.44%
LUMN	B	-0.44%
COP	D	-0.44%
UNP	B	-0.41%
COF	C	-0.41%
LMT	A	-0.4%
VLO	D	-0.4%
ORCL	A	-0.4%
LOW	B	-0.4%
CAT	C	-0.39%
MO	A	-0.39%
MMM	B	-0.39%
TGT	B	-0.38%
PSX	D	-0.38%
RTX	B	-0.37%
DIS	F	-0.37%
MS	C	-0.36%
AXP	B	-0.36%
BMY	B	-0.36%
DUK	A	-0.34%
V	A	-0.34%
FDX	D	-0.33%
ACN	A	-0.33%
MCD	A	-0.33%
ABT	A	-0.33%
USB	B	-0.32%
F	D	-0.32%
PNC	B	-0.3%
SO	A	-0.29%
CB	A	-0.29%
KR	C	-0.29%
TMO	A	-0.29%
SYF	C	-0.29%
TRV	A	-0.29%
AIG	D	-0.29%
ALL	B	-0.29%
MA	B	-0.28%
CNC	D	-0.27%
MDT	A	-0.27%
LLY	B	-0.27%
NEE	A	-0.27%
BK	B	-0.26%
PGR	A	-0.26%
MET	B	-0.26%
UPS	F	-0.25%
HCA	B	-0.25%
BLK	B	-0.25%
TFC	B	-0.24%
PRU	C	-0.24%
AFL	B	-0.23%
ADM	D	-0.23%
HUM	D	-0.23%
TJX	B	-0.23%
DFS	C	-0.22%
GD	B	-0.22%
NSC	B	-0.21%
EOG	D	-0.21%
TSN	A	-0.21%
HPQ	D	-0.21%
DE	B	-0.21%
NOC	B	-0.21%
HPE	D	-0.2%
DOW	D	-0.2%
ETN	D	-0.2%
D	A	-0.19%
NEM	B	-0.19%
DHI	B	-0.19%
BBY	A	-0.19%
KMI	B	-0.19%
NUE	F	-0.18%
DD	C	-0.18%
LEN	B	-0.18%
NKE	C	-0.18%
GE	C	-0.17%
CMI	B	-0.17%
LYB	D	-0.16%
LHX	C	-0.16%
CL	A	-0.16%
DHR	B	-0.16%
JCI	C	-0.15%
EMR	D	-0.15%
SPGI	A	-0.15%
WMB	B	-0.15%
MMC	A	-0.15%
IP	B	-0.15%
WM	D	-0.15%
HIG	B	-0.15%
BA	F	-0.14%
AMT	A	-0.14%
ITW	C	-0.14%
ALLY	C	-0.13%
ICE	A	-0.13%
OKE	A	-0.13%
GIS	A	-0.13%
FIS	A	-0.13%
GLW	C	-0.13%
ED	A	-0.13%
FCX	D	-0.13%
KMB	A	-0.12%
SLB	F	-0.12%
OXY	F	-0.12%
URI	C	-0.12%
PHM	B	-0.12%
CARR	B	-0.12%
CBRE	B	-0.12%
SRE	B	-0.12%
AMP	B	-0.12%
AON	A	-0.12%
SYK	A	-0.12%
BX	B	-0.11%
VST	C	-0.11%
UHS	B	-0.11%
MCK	D	-0.11%
CFG	B	-0.11%
SPG	B	-0.11%
BG	D	-0.11%
EIX	A	-0.11%
PEG	B	-0.11%
SW	D	-0.11%
TEL	C	-0.11%
KKR	B	-0.11%
APD	B	-0.11%
PH	B	-0.11%
PPL	A	-0.11%
BDX	D	-0.11%
CRM	D	-0.11%
STT	B	-0.1%
MTB	B	-0.1%
KEY	B	-0.1%
FE	A	-0.1%
CCI	A	-0.1%
WELL	A	-0.1%
SCHW	D	-0.1%
ETR	A	-0.1%
NRG	C	-0.1%
SYY	A	-0.1%
VTR	A	-0.09%
ARW	B	-0.09%
IQV	B	-0.09%
SHW	B	-0.09%
DVN	F	-0.09%
WY	C	-0.09%
ES	A	-0.09%
JLL	B	-0.09%
BSX	A	-0.09%
ECL	B	-0.09%
TDG	B	-0.08%
LDOS	B	-0.08%
RS	D	-0.08%
GPN	C	-0.08%
MCO	B	-0.08%
ZTS	A	-0.08%
NVR	B	-0.08%
RF	B	-0.08%
OMC	B	-0.08%
YUM	B	-0.08%
EMN	C	-0.08%
PLD	B	-0.08%
BAX	A	-0.08%
THC	B	-0.08%
SWK	B	-0.08%
DG	F	-0.08%
MRO	C	-0.08%
WEC	A	-0.08%
DTE	B	-0.08%
PPG	D	-0.08%
TT	B	-0.08%
APH	D	-0.08%
CTVA	B	-0.08%
R	C	-0.07%
WHR	D	-0.07%
FNF	B	-0.07%
CAG	A	-0.07%
AEE	A	-0.07%
RSG	B	-0.07%
PKG	B	-0.07%
KSS	F	-0.07%
K	A	-0.07%
OGN	C	-0.07%
GWW	C	-0.07%
USFD	B	-0.07%
KMX	C	-0.07%
IRM	B	-0.07%
MHK	B	-0.07%
STZ	B	-0.07%
DGX	B	-0.07%
CAH	A	-0.07%
DLR	D	-0.07%
X	F	-0.07%
LAD	C	-0.06%
OC	D	-0.06%
MAS	B	-0.06%
J	C	-0.06%
GPC	D	-0.06%
WAB	B	-0.06%
CNP	D	-0.06%
EQR	B	-0.06%
LNC	C	-0.06%
CMA	B	-0.06%
HLT	C	-0.06%
LEA	F	-0.06%
MOS	F	-0.06%
SJM	A	-0.06%
PSA	A	-0.06%
AES	D	-0.06%
CE	F	-0.06%
DOV	C	-0.06%
A	B	-0.06%
IFF	A	-0.06%
CF	B	-0.06%
AZO	B	-0.06%
TRGP	A	-0.06%
PWR	C	-0.06%
HAL	F	-0.06%
TXT	D	-0.06%
BALL	A	-0.06%
HWM	B	-0.06%
CMS	A	-0.06%
DVA	B	-0.06%
VFC	B	-0.06%
MSI	B	-0.06%
INGR	A	-0.05%
MKL	C	-0.05%
DRI	A	-0.05%
AME	D	-0.05%
AWK	A	-0.05%
HES	F	-0.05%
HII	B	-0.05%
CSL	C	-0.05%
CCL	D	-0.05%
TDS	B	-0.05%
UGI	C	-0.05%
OVV	F	-0.05%
EQH	C	-0.05%
KD	D	-0.05%
DXC	A	-0.05%
GPI	B	-0.05%
OTIS	D	-0.05%
JBL	F	-0.05%
BWA	D	-0.05%
ORI	B	-0.05%
TAP	C	-0.05%
UNM	B	-0.05%
ZBH	D	-0.05%
BXP	A	-0.05%
WSM	D	-0.05%
MAN	D	-0.05%
MOH	C	-0.05%
DKS	C	-0.05%
CPAY	B	-0.05%
EME	C	-0.05%
PFGC	B	-0.05%
DINO	F	-0.05%
AJG	A	-0.05%
L	B	-0.05%
AN	C	-0.05%
LNG	B	-0.05%
ROK	D	-0.05%
MGM	F	-0.05%
JEF	B	-0.05%
AVB	B	-0.05%
M	F	-0.05%
TOL	B	-0.05%
JNPR	A	-0.05%
OMF	D	-0.05%
DPZ	D	-0.04%
BR	C	-0.04%
AMG	C	-0.04%
MTD	C	-0.04%
OSK	D	-0.04%
BAP	B	-0.04%
MAA	B	-0.04%
BLDR	C	-0.04%
SOLV	B	-0.04%
BAH	B	-0.04%
XYL	D	-0.04%
TMHC	B	-0.04%
EFX	B	-0.04%
RMD	A	-0.04%
EW	F	-0.04%
MKC	A	-0.04%
WRB	B	-0.04%
TPR	B	-0.04%
EXR	B	-0.04%
ATO	A	-0.04%
CLX	A	-0.04%
UBER	B	-0.04%
WU	C	-0.04%
WAT	B	-0.04%
CNO	B	-0.04%
FL	D	-0.04%
CCK	A	-0.04%
DOC	B	-0.04%
KNX	D	-0.04%
JXN	C	-0.04%
BEN	F	-0.04%
EVR	B	-0.04%
IPG	B	-0.04%
THO	C	-0.04%
ZIM	D	-0.04%
PVH	F	-0.04%
RJF	D	-0.04%
EL	F	-0.04%
MLM	D	-0.04%
VMC	D	-0.04%
GEV	A	-0.04%
HSY	A	-0.04%
AVY	B	-0.04%
FAF	A	-0.04%
CHD	A	-0.04%
O	A	-0.04%
VNO	B	-0.04%
RGA	B	-0.04%
ACM	B	-0.04%
BERY	B	-0.04%
AA	F	-0.04%
GAP	F	-0.04%
SNA	D	-0.04%
PNW	A	-0.04%
ALSN	B	-0.04%
GRMN	B	-0.04%
APTV	D	-0.04%
NI	A	-0.04%
IVZ	C	-0.04%
AFG	A	-0.04%
MUSA	B	-0.04%
SKX	B	-0.03%
ITT	C	-0.03%
SUI	A	-0.03%
SNV	C	-0.03%
AVTR	B	-0.03%
AOS	D	-0.03%
VOYA	B	-0.03%
CW	B	-0.03%
SCI	B	-0.03%
SEE	D	-0.03%
ALV	D	-0.03%
BRO	A	-0.03%
SNX	D	-0.03%
MTG	B	-0.03%
HOG	B	-0.03%
BBWI	F	-0.03%
ABM	C	-0.03%
CIEN	B	-0.03%
BC	D	-0.03%
GDDY	C	-0.03%
KVUE	A	-0.03%
EG	B	-0.03%
SON	A	-0.03%
TRU	B	-0.03%
AGCO	F	-0.03%
FLR	C	-0.03%
AER	C	-0.03%
SWN	F	-0.03%
JHG	B	-0.03%
AAP	F	-0.03%
CMC	D	-0.03%
MSCI	B	-0.03%
SLG	B	-0.03%
PCG	A	-0.03%
CLF	F	-0.03%
RL	A	-0.03%
RRX	D	-0.03%
FMC	C	-0.03%
MTZ	C	-0.03%
FHN	C	-0.03%
AIZ	B	-0.03%
LII	C	-0.03%
OLN	F	-0.03%
IR	D	-0.03%
MLI	B	-0.03%
PBF	F	-0.03%
INVH	B	-0.03%
LVS	D	-0.03%
ARMK	A	-0.03%
KIM	A	-0.03%
CRBG	C	-0.03%
APO	D	-0.03%
OGE	B	-0.03%
TPH	B	-0.03%
WCC	D	-0.03%
KBH	B	-0.03%
BURL	B	-0.03%
DECK	C	-0.03%
ARE	D	-0.03%
WSO	D	-0.03%
RHI	D	-0.03%
IT	B	-0.03%
HUBB	C	-0.03%
STE	A	-0.03%
GNW	B	-0.03%
FTV	D	-0.03%
GL	B	-0.03%
HBI	B	-0.03%
BCC	C	-0.03%
KEYS	C	-0.03%
ANET	D	-0.03%
CACI	B	-0.03%
GPK	B	-0.03%
HUN	D	-0.03%
PNR	B	-0.03%
CNH	C	-0.03%
LPX	B	-0.03%
RPM	A	-0.03%
ESS	B	-0.03%
EQT	D	-0.03%
HRL	A	-0.03%
MTH	B	-0.03%
CMG	D	-0.03%
AYI	C	-0.03%
ADNT	F	-0.02%
CTRA	F	-0.02%
SPTN	A	-0.02%
LEG	D	-0.02%
CNX	B	-0.02%
OI	C	-0.02%
WLK	D	-0.02%
CBOE	A	-0.02%
WST	D	-0.02%
GXO	D	-0.02%
DAN	F	-0.02%
AMCR	B	-0.02%
UNFI	A	-0.02%
FTI	D	-0.02%
MPW	C	-0.02%
CYH	A	-0.02%
FLO	A	-0.02%
SQ	D	-0.02%
CRI	C	-0.02%
TGNA	D	-0.02%
REZI	D	-0.02%
ALB	F	-0.02%
ALLE	B	-0.02%
SM	D	-0.02%
PRGO	C	-0.02%
TKR	D	-0.02%
CC	F	-0.02%
AL	D	-0.02%
GGG	D	-0.02%
ACI	D	-0.02%
UHAL	B	-0.02%
POR	B	-0.02%
JWN	A	-0.02%
ASGN	D	-0.02%
GNRC	C	-0.02%
TPX	D	-0.02%
NVT	F	-0.02%
NFG	B	-0.02%
DAL	D	-0.02%
KBR	C	-0.02%
WPC	A	-0.02%
TTC	D	-0.02%
MUR	F	-0.02%
EXPD	D	-0.02%
HRB	B	-0.02%
AR	F	-0.02%
DAR	D	-0.02%
BTU	D	-0.02%
EXP	B	-0.02%
DCI	C	-0.02%
ATR	A	-0.02%
BJ	D	-0.02%
TFX	A	-0.02%
STWD	C	-0.02%
PAG	C	-0.02%
POST	B	-0.02%
MDU	D	-0.02%
ST	D	-0.02%
AXTA	C	-0.02%
IEX	D	-0.02%
LUV	A	-0.02%
TDY	B	-0.02%
QRTEA	F	-0.02%
CPRI	C	-0.02%
CTLT	A	-0.02%
NOV	F	-0.02%
PRI	B	-0.02%
BRX	A	-0.02%
VICI	A	-0.02%
G	B	-0.02%
PII	D	-0.02%
CPT	B	-0.02%
UDR	B	-0.02%
EHC	B	-0.02%
PK	D	-0.02%
ABG	D	-0.02%
THG	A	-0.02%
ALK	D	-0.01%
COHR	C	-0.01%
MATX	C	-0.01%
DELL	F	-0.01%
VSH	F	-0.01%
CRL	F	-0.01%
MSM	D	-0.01%
WTRG	D	-0.01%
ARCH	F	-0.01%
LW	D	-0.01%
VAC	F	-0.01%
DK	F	-0.01%
CHE	C	-0.01%
AEO	D	-0.01%
NOW	B	-0.01%
BLD	D	-0.01%
MMS	C	-0.01%
TNL	D	-0.01%
EPAM	C	-0.01%
MTN	C	-0.01%
BIG	F	-0.0%