ONEQ vs. ILCV ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to iShares Morningstar Value ETF (ILCV)

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

$70.74

Average Daily Volume

299,425

Number of Holdings ^*

850

* may have additional holdings in another (foreign) market

ILCV

iShares Morningstar Value ETF

ILCV Description

The investment seeks to track the investment results of the MorningstarÂ® US Large-Mid Cap Broad Value IndexSM composed of large-and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.(Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$81.71

Average Daily Volume

19,557

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	ILCV
30 Days	1.15%	0.52%
60 Days	6.80%	5.85%
90 Days	-1.32%	7.00%
12 Months	35.53%	28.51%

109 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in ILCV	Overlap
AAPL	C	11.98%	6.25%	6.25%
ACGL	A	0.15%	0.11%	0.11%
ADI	C	0.39%	0.37%	0.37%
ADP	A	0.39%	0.27%	0.27%
AEP	B	0.18%	0.21%	0.18%
AKAM	D	0.05%	0.03%	0.03%
ALGN	D	0.07%	0.03%	0.03%
AMAT	D	0.55%	0.39%	0.39%
AMGN	D	0.62%	0.66%	0.62%
APA	F	0.03%	0.03%	0.03%
AVGO	C	2.73%	1.33%	1.33%
BIIB	F	0.1%	0.11%	0.1%
BKNG	C	0.46%	0.36%	0.36%
BKR	B	0.12%	0.07%	0.07%
CASY	D	0.05%	0.02%	0.02%
CEG	B	0.28%	0.31%	0.28%
CG	C	0.05%	0.04%	0.04%
CHK	C	0.04%	0.03%	0.03%
CHTR	D	0.16%	0.12%	0.12%
CINF	A	0.07%	0.05%	0.05%
CMCSA	B	0.53%	0.62%	0.53%
CME	A	0.27%	0.3%	0.27%
COST	C	1.38%	0.81%	0.81%
CPB	D	0.05%	0.04%	0.04%
CSCO	A	0.72%	0.82%	0.72%
CSX	D	0.22%	0.26%	0.22%
CTSH	C	0.13%	0.15%	0.13%
DKNG	D	0.06%	0.03%	0.03%
DLTR	F	0.05%	0.03%	0.03%
EA	D	0.12%	0.04%	0.04%
EBAY	A	0.11%	0.08%	0.08%
ENTG	D	0.06%	0.03%	0.03%
EVRG	B	0.04%	0.05%	0.04%
EXC	A	0.13%	0.15%	0.13%
EXPE	B	0.06%	0.04%	0.04%
FANG	F	0.11%	0.11%	0.11%
FFIV	C	0.04%	0.03%	0.03%
FITB	C	0.09%	0.11%	0.09%
FLEX	B	0.05%	0.03%	0.03%
FOX	A	0.03%	0.02%	0.02%
FOXA	A	0.03%	0.04%	0.03%
GEHC	B	0.14%	0.08%	0.08%
GILD	A	0.35%	0.4%	0.35%
GLPI	B	0.04%	0.05%	0.04%
GOOG	C	3.18%	1.6%	1.6%
GOOGL	C	3.31%	1.79%	1.79%
HBAN	C	0.07%	0.08%	0.07%
HOLX	D	0.06%	0.07%	0.06%
HON	B	0.45%	0.52%	0.45%
HST	D	0.04%	0.05%	0.04%
INCY	B	0.04%	0.02%	0.02%
INTC	D	0.32%	0.39%	0.32%
JBHT	D	0.06%	0.02%	0.02%
KDP	C	0.17%	0.1%	0.1%
KHC	B	0.14%	0.12%	0.12%
KLAC	D	0.35%	0.25%	0.25%
LIN	B	0.76%	0.72%	0.72%
LKQ	F	0.03%	0.04%	0.03%
LNT	A	0.05%	0.06%	0.05%
LRCX	F	0.35%	0.25%	0.25%
MAR	B	0.23%	0.19%	0.19%
MCHP	F	0.14%	0.09%	0.09%
MDLZ	C	0.34%	0.38%	0.34%
META	A	4.23%	2.06%	2.06%
MRNA	F	0.09%	0.05%	0.05%
MSTR	C	0.09%	0.05%	0.05%
MU	D	0.35%	0.46%	0.35%
NDAQ	C	0.15%	0.06%	0.06%
NTAP	D	0.08%	0.05%	0.05%
NTRS	C	0.06%	0.07%	0.06%
NWS	D	0.01%	0.01%	0.01%
NWSA	D	0.04%	0.04%	0.04%
NXPI	F	0.2%	0.24%	0.2%
ON	F	0.11%	0.08%	0.08%
ORLY	A	0.22%	0.19%	0.19%
PCAR	D	0.18%	0.19%	0.18%
PEP	D	0.79%	0.9%	0.79%
PFG	C	0.07%	0.08%	0.07%
POOL	B	0.05%	0.03%	0.03%
PYPL	B	0.27%	0.3%	0.27%
QCOM	D	0.65%	0.73%	0.65%
QRVO	F	0.04%	0.02%	0.02%
REG	B	0.04%	0.03%	0.03%
REGN	D	0.42%	0.42%	0.42%
ROP	C	0.2%	0.12%	0.12%
RPRX	B	0.04%	0.04%	0.04%
SBUX	B	0.38%	0.28%	0.28%
SSNC	C	0.06%	0.06%	0.06%
STLD	C	0.06%	0.07%	0.06%
STX	B	0.08%	0.08%	0.08%
SWKS	F	0.05%	0.06%	0.05%
TER	D	0.08%	0.04%	0.04%
TMUS	A	0.78%	0.3%	0.3%
TRMB	B	0.05%	0.02%	0.02%
TROW	D	0.08%	0.09%	0.08%
TSCO	A	0.1%	0.03%	0.03%
TXN	C	0.63%	0.73%	0.63%
UAL	B	0.06%	0.07%	0.06%
ULTA	D	0.06%	0.04%	0.04%
UTHR	B	0.05%	0.05%	0.05%
VRTX	D	0.41%	0.25%	0.25%
VTRS	D	0.05%	0.05%	0.05%
WBA	F	0.03%	0.02%	0.02%
WBD	D	0.07%	0.07%	0.07%
WDC	C	0.08%	0.09%	0.08%
WTW	A	0.1%	0.06%	0.06%
XEL	A	0.13%	0.14%	0.13%
ZBRA	C	0.07%	0.02%	0.02%
ZM	B	0.06%	0.06%	0.06%

ONEQ Overweight 741 Positions Relative to ILCV

Symbol	Grade	Weight
MSFT	C	11.17%
NVDA	C	9.83%
AMZN	C	6.94%
TSLA	B	2.63%
NFLX	C	1.04%
AMD	D	0.87%
ADBE	F	0.8%
INTU	F	0.62%
ISRG	C	0.59%
PANW	D	0.38%
MELI	C	0.37%
EQIX	B	0.28%
CTAS	C	0.27%
SNPS	F	0.27%
ASML	F	0.26%
CDNS	D	0.25%
CRWD	D	0.24%
PDD	D	0.23%
MRVL	C	0.22%
ABNB	D	0.2%
FTNT	C	0.2%
DASH	B	0.19%
ADSK	C	0.19%
MNST	D	0.18%
WDAY	D	0.18%
CPRT	B	0.17%
TTD	C	0.17%
ROST	C	0.17%
PAYX	A	0.16%
FAST	C	0.15%
MPWR	C	0.15%
AZN	D	0.15%
IDXX	D	0.14%
ODFL	D	0.14%
VRSK	D	0.13%
APP	B	0.13%
COIN	F	0.12%
DDOG	D	0.12%
ALNY	B	0.12%
CCEP	D	0.12%
LULU	D	0.11%
CSGP	F	0.11%
DXCM	F	0.1%
AXON	A	0.1%
CDW	D	0.1%
ZS	F	0.09%
SBAC	B	0.09%
ERIE	A	0.09%
FSLR	C	0.09%
TEAM	D	0.09%
TTWO	F	0.09%
FCNCA	D	0.09%
SMCI	F	0.09%
ANSS	D	0.09%
GFS	F	0.08%
ILMN	C	0.08%
ICLR	F	0.08%
TCOM	B	0.07%
PTC	D	0.07%
CHKP	C	0.07%
MDB	D	0.07%
NTRA	B	0.06%
ENPH	D	0.06%
LPLA	D	0.06%
PODD	C	0.06%
VRSN	C	0.06%
ARGX	A	0.06%
SMMT	D	0.06%
ARM	C	0.06%
SNY	C	0.06%
MANH	C	0.06%
HOOD	C	0.06%
EXAS	C	0.05%
BMRN	F	0.05%
MNDY	C	0.05%
LOGI	D	0.05%
NDSN	B	0.05%
JD	A	0.05%
GRAB	B	0.05%
MORN	C	0.05%
BSY	D	0.05%
NTNX	D	0.05%
TW	A	0.05%
IBKR	A	0.05%
TXRH	B	0.04%
MKTX	C	0.04%
NTES	C	0.04%
HAS	A	0.04%
LAMR	C	0.04%
RGLD	C	0.04%
PPC	A	0.04%
MEDP	F	0.04%
COKE	B	0.04%
INSM	D	0.04%
SFM	A	0.04%
DOCU	B	0.04%
EWBC	D	0.04%
CHRW	A	0.04%
JKHY	A	0.04%
BNTX	B	0.04%
SAIA	D	0.04%
Z	C	0.04%
PAA	D	0.04%
CYBR	C	0.04%
NBIX	F	0.04%
AFRM	C	0.04%
WING	B	0.04%
BIDU	C	0.04%
RIVN	F	0.04%
SRPT	F	0.04%
OKTA	F	0.04%
TTEK	B	0.04%
PCVX	B	0.04%
TECH	B	0.04%
UFPI	B	0.03%
HLNE	A	0.03%
ENSG	D	0.03%
LNTH	C	0.03%
MAT	C	0.03%
REYN	C	0.03%
WFRD	F	0.03%
HALO	D	0.03%
AMKR	F	0.03%
WSC	D	0.03%
MIDD	D	0.03%
GLBE	C	0.03%
ACHC	F	0.03%
XP	F	0.03%
MKSI	F	0.03%
RVMD	B	0.03%
LSCC	D	0.03%
RGEN	F	0.03%
CELH	F	0.03%
VKTX	D	0.03%
MMYT	D	0.03%
WYNN	B	0.03%
LBRDK	C	0.03%
HSIC	C	0.03%
SPSC	D	0.03%
CROX	C	0.03%
NICE	F	0.03%
EXEL	C	0.03%
MTSI	C	0.03%
CHRD	F	0.03%
ITCI	D	0.03%
PARA	F	0.03%
CZR	C	0.03%
SAIC	B	0.03%
WTFC	C	0.03%
ASND	C	0.03%
AAON	B	0.03%
CBSH	D	0.03%
LCID	D	0.03%
SOFI	C	0.03%
CHDN	D	0.03%
WIX	D	0.03%
SEIC	B	0.03%
DOX	B	0.03%
FYBR	C	0.03%
OLED	C	0.03%
OTEX	D	0.03%
ROKU	D	0.03%
PCTY	C	0.03%
LNW	F	0.03%
WWD	B	0.03%
LECO	F	0.03%
BRKR	D	0.03%
DUOL	B	0.03%
BGNE	B	0.03%
MTCH	C	0.03%
PATK	B	0.02%
RMBS	F	0.02%
ALKT	D	0.02%
APLS	F	0.02%
CALM	A	0.02%
VICR	C	0.02%
LOPE	D	0.02%
RNA	A	0.02%
SATS	C	0.02%
ROAD	C	0.02%
RUSHA	C	0.02%
TCBI	C	0.02%
ADMA	B	0.02%
TBBK	C	0.02%
CVCO	A	0.02%
CLBT	C	0.02%
FOLD	F	0.02%
BANF	D	0.02%
SLAB	D	0.02%
AEIS	D	0.02%
NMIH	C	0.02%
CRSP	F	0.02%
IPAR	D	0.02%
KTOS	A	0.02%
VOD	C	0.02%
NEOG	D	0.02%
PTEN	F	0.02%
PLXS	B	0.02%
LI	C	0.02%
AUR	C	0.02%
VCTR	C	0.02%
TFSL	D	0.02%
MARA	F	0.02%
RKLB	B	0.02%
IBOC	D	0.02%
IAC	C	0.02%
GLNG	A	0.02%
PCH	C	0.02%
INTA	C	0.02%
SANM	D	0.02%
QLYS	F	0.02%
IMVT	F	0.02%
XRAY	D	0.02%
IESC	B	0.02%
CRNX	D	0.02%
OPCH	D	0.02%
COLM	B	0.02%
LITE	C	0.02%
APPF	C	0.02%
CNXC	F	0.02%
ACLX	C	0.02%
WMG	D	0.02%
BGC	B	0.02%
CHCI	A	0.02%
RUN	D	0.02%
STEP	A	0.02%
BECN	F	0.02%
LYFT	D	0.02%
SITM	B	0.02%
FIZZ	C	0.02%
LEGN	F	0.02%
BLKB	C	0.02%
LANC	F	0.02%
CFLT	F	0.02%
ONB	D	0.02%
HCP	B	0.02%
SRCL	B	0.02%
VLY	C	0.02%
KRYS	D	0.02%
DNLI	C	0.02%
HTHT	B	0.02%
CRDO	C	0.02%
ITRI	C	0.02%
SBRA	C	0.02%
PECO	C	0.02%
HWC	D	0.02%
SGRY	C	0.02%
AXSM	C	0.02%
CACC	F	0.02%
EEFT	F	0.02%
PRCT	C	0.02%
LSTR	D	0.02%
ICUI	B	0.02%
STRL	C	0.02%
ALKS	C	0.02%
BPMC	F	0.02%
DBX	C	0.02%
VRRM	D	0.02%
SLM	C	0.02%
MDGL	F	0.02%
ALTR	C	0.02%
CORT	B	0.02%
COOP	C	0.02%
ASO	D	0.02%
FELE	B	0.02%
RDNT	C	0.02%
FIVE	D	0.02%
RARE	C	0.02%
TMDX	D	0.02%
EXLS	B	0.02%
BBIO	F	0.02%
ALGM	F	0.02%
TIGO	C	0.02%
TENB	F	0.02%
UBSI	D	0.02%
CWST	D	0.02%
AVAV	B	0.02%
CHX	F	0.02%
GNTX	F	0.02%
UMBF	C	0.02%
SHC	C	0.02%
ACIW	A	0.02%
SIGI	D	0.02%
PI	B	0.02%
CYTK	F	0.02%
MMSI	C	0.02%
BPOP	D	0.02%
NSIT	C	0.02%
ZION	D	0.02%
QXO	F	0.02%
VRNS	C	0.02%
NXST	D	0.02%
AGNC	C	0.02%
COLB	C	0.02%
EXPO	B	0.02%
CRVL	C	0.02%
PNFP	D	0.02%
CRUS	D	0.02%
TPG	C	0.02%
BCPC	C	0.02%
IEP	F	0.02%
PEGA	C	0.02%
RCM	B	0.02%
AAL	D	0.02%
JAZZ	F	0.02%
CGNX	F	0.02%
ETSY	F	0.02%
MASI	C	0.02%
FFIN	D	0.02%
ACT	C	0.02%
FRHC	A	0.02%
CSWI	B	0.02%
CVLT	C	0.02%
NUVL	B	0.02%
FRPT	C	0.02%
IONS	F	0.02%
HQY	B	0.02%
FUTU	A	0.02%
OLLI	C	0.02%
LFUS	C	0.02%
BOKF	D	0.02%
NOVT	D	0.02%
GTLB	D	0.02%
EBTC	C	0.01%
GRFS	C	0.01%
CIFR	F	0.01%
AMWD	C	0.01%
TRDA	D	0.01%
BASE	F	0.01%
IRON	C	0.01%
LBRDA	C	0.01%
PYCR	D	0.01%
IQ	D	0.01%
HAFC	D	0.01%
JACK	F	0.01%
MOMO	A	0.01%
GDEN	D	0.01%
TTGT	F	0.01%
LQDA	F	0.01%
SRCL	B	0.01%
JBSS	F	0.01%
OABI	F	0.01%
NNDM	D	0.01%
FLYW	F	0.01%
GSM	D	0.01%
CNSL	A	0.01%
SCHL	D	0.01%
ISTR	C	0.01%
PLAY	D	0.01%
RIOT	F	0.01%
ICHR	F	0.01%
ASTL	B	0.01%
CNTA	B	0.01%
NRIX	D	0.01%
CBRL	D	0.01%
NEXT	F	0.01%
IMNM	F	0.01%
FFIC	D	0.01%
BCBP	D	0.01%
EYE	F	0.01%
PLYA	D	0.01%
ESTA	F	0.01%
MNTK	D	0.01%
GLUE	D	0.01%
TRS	D	0.01%
MATW	F	0.01%
KELYA	D	0.01%
SOUN	D	0.01%
WVE	C	0.01%
WASH	D	0.01%
IREN	D	0.01%
GIII	C	0.01%
CVAC	F	0.01%
NNBR	C	0.01%
IMKTA	F	0.01%
ODP	F	0.01%
OPK	D	0.01%
CEVA	B	0.01%
WOOF	C	0.01%
EMBC	D	0.01%
BVS	B	0.01%
FWRG	F	0.01%
PHAT	C	0.01%
GMAB	F	0.01%
FLGT	F	0.01%
KRNT	B	0.01%
SVRA	D	0.01%
SRRK	F	0.01%
ULCC	D	0.01%
SAVA	D	0.01%
CMCO	D	0.01%
KALU	D	0.01%
COMM	C	0.01%
PFC	D	0.01%
BCYC	D	0.01%
DHC	B	0.01%
PGNY	F	0.01%
LBPH	D	0.01%
SDGR	F	0.01%
SABR	C	0.01%
IBUY	A	0.01%
DLO	F	0.01%
VIR	F	0.01%
COHU	F	0.01%
BLMN	F	0.01%
TREE	C	0.01%
VRNT	F	0.01%
SPRY	C	0.01%
AVAH	D	0.01%
MRVI	D	0.01%
HTLD	F	0.01%
TVTX	C	0.01%
NVEE	F	0.01%
CNDT	B	0.01%
CDNA	C	0.01%
PDFS	F	0.01%
MLCO	C	0.01%
COLL	B	0.01%
NSSC	F	0.01%
WB	C	0.01%
RLAY	F	0.01%
PSNY	C	0.01%
PCT	C	0.01%
VSEC	D	0.01%
AMSF	B	0.01%
HBNC	D	0.01%
STAA	D	0.01%
WULF	D	0.01%
TARS	C	0.01%
IMCR	F	0.01%
TH	F	0.01%
SEDG	F	0.01%
GDYN	B	0.01%
AVO	C	0.01%
WABC	F	0.01%
AMED	D	0.01%
COGT	C	0.01%
HROW	C	0.01%
CLOV	C	0.01%
HTZ	F	0.01%
FWRD	D	0.01%
CRAI	B	0.01%
THRM	F	0.01%
ANAB	D	0.01%
IMTX	D	0.01%
CLSK	F	0.01%
ANIP	D	0.01%
APOG	B	0.01%
PEBO	D	0.01%
RDWR	B	0.01%
SPT	F	0.01%
PFBC	D	0.01%
TYRA	C	0.01%
INMD	F	0.01%
TRNS	D	0.01%
ARDX	D	0.01%
NFE	F	0.01%
DGII	D	0.01%
VITL	C	0.01%
UNIT	C	0.01%
NVAX	D	0.01%
UCTT	D	0.01%
MCRI	B	0.01%
RDFN	C	0.01%
VMEO	C	0.01%
ZLAB	C	0.01%
MRTN	D	0.01%
CSGS	C	0.01%
PLAB	D	0.01%
CENX	C	0.01%
AUPH	C	0.01%
SAFT	D	0.01%
MBUU	D	0.01%
SCSC	D	0.01%
ULH	C	0.01%
UDMY	F	0.01%
AOSL	D	0.01%
TCBK	D	0.01%
OCFC	C	0.01%
ECPG	F	0.01%
VRDN	B	0.01%
ATAT	B	0.01%
QNST	C	0.01%
INFN	C	0.01%
CAKE	B	0.01%
SIMO	F	0.01%
GABC	D	0.01%
INVA	B	0.01%
BLBD	D	0.01%
WINA	D	0.01%
DAWN	D	0.01%
ENVX	F	0.01%
TLRY	F	0.01%
INBK	D	0.01%
MYRG	F	0.01%
MSEX	C	0.01%
BCRX	D	0.01%
NAVI	D	0.01%
VECO	F	0.01%
SCVL	C	0.01%
CENTA	F	0.01%
FIVN	F	0.01%
ANDE	D	0.01%
AXNX	A	0.01%
DVAX	D	0.01%
RNW	D	0.01%
MNKD	C	0.01%
SNDX	F	0.01%
TTMI	D	0.01%
AKRO	C	0.01%
BILI	A	0.01%
RCKT	F	0.01%
LKFN	D	0.01%
PRDO	D	0.01%
IDCC	A	0.01%
PLUG	F	0.01%
CHEF	B	0.01%
OLPX	C	0.01%
PDCO	F	0.01%
HAIN	C	0.01%
AHCO	B	0.01%
ROIC	B	0.01%
MLKN	F	0.01%
NWBI	D	0.01%
APPN	D	0.01%
HLIT	C	0.01%
VERA	C	0.01%
IAS	F	0.01%
PAGP	D	0.01%
AY	B	0.01%
SUPN	D	0.01%
NVCR	F	0.01%
AMRK	B	0.01%
KURA	D	0.01%
IRTC	F	0.01%
SASR	C	0.01%
RPD	D	0.01%
GDS	B	0.01%
NEO	F	0.01%
MGNI	D	0.01%
ARVN	F	0.01%
DCOM	C	0.01%
SBLK	B	0.01%
WSBC	D	0.01%
DOOO	F	0.01%
BUSE	D	0.01%
XNCR	D	0.01%
TRUP	D	0.01%
CAR	D	0.01%
VBTX	C	0.01%
VRNA	C	0.01%
VC	F	0.01%
CNXN	C	0.01%
SKWD	B	0.01%
CASH	D	0.01%
SYBT	C	0.01%
GTX	F	0.01%
FRME	D	0.01%
PRVA	F	0.01%
CRTO	D	0.01%
HEES	D	0.01%
HOPE	D	0.01%
ATEX	D	0.01%
EXTR	D	0.01%
RRR	D	0.01%
LAUR	C	0.01%
CHCO	D	0.01%
EVCM	F	0.01%
PINC	F	0.01%
STRA	F	0.01%
OSW	C	0.01%
WERN	D	0.01%
JANX	D	0.01%
XRX	F	0.01%
FTRE	F	0.01%
SPNS	C	0.01%
LGND	D	0.01%
NTCT	C	0.01%
RXST	F	0.01%
YY	C	0.01%
BEAM	F	0.01%
PTVE	D	0.01%
JBLU	B	0.01%
DNUT	D	0.01%
TRMK	D	0.01%
XPEL	D	0.01%
VIAV	C	0.01%
SBCF	D	0.01%
MGPI	D	0.01%
GGAL	C	0.01%
EFSC	D	0.01%
CPRX	C	0.01%
AZTA	F	0.01%
HPK	F	0.01%
STBA	D	0.01%
HRMY	B	0.01%
CLBK	F	0.01%
PTGX	C	0.01%
HURN	C	0.01%
ROCK	D	0.01%
LMAT	B	0.01%
TWST	D	0.01%
GT	F	0.01%
FFBC	D	0.01%
KLIC	D	0.01%
CMPR	F	0.01%
BANR	C	0.01%
MIRM	D	0.01%
ALHC	C	0.01%
ATRC	D	0.01%
WEN	C	0.01%
NMRK	B	0.01%
ADUS	C	0.01%
MYGN	D	0.01%
LGIH	C	0.01%
INDB	D	0.01%
MGRC	D	0.01%
DIOD	F	0.01%
MBIN	D	0.01%
FBNC	D	0.01%
ATSG	C	0.01%
ARCB	D	0.01%
VCYT	C	0.01%
KROS	C	0.01%
ALRM	F	0.01%
EWTX	B	0.01%
AMRX	A	0.01%
ACLS	F	0.01%
RBCAA	C	0.01%
PLTK	C	0.01%
VCEL	F	0.01%
NARI	F	0.01%
KYMR	C	0.01%
LIVN	D	0.01%
GOGL	C	0.01%
PRGS	B	0.01%
NBTB	D	0.01%
FROG	F	0.01%
MQ	F	0.01%
GSHD	B	0.01%
FRSH	F	0.01%
MRCY	C	0.01%
PSMT	B	0.01%
CVBF	D	0.01%
ERII	C	0.01%
SWTX	F	0.01%
CARG	C	0.01%
PPBI	D	0.01%
OSIS	B	0.01%
BL	D	0.01%
VERX	B	0.01%
IOVA	F	0.01%
SVC	F	0.01%
SKYW	B	0.01%
PLMR	D	0.01%
TXG	F	0.01%
IDYA	F	0.01%
TNDM	D	0.01%
PRFT	A	0.01%
NWE	A	0.01%
ERIC	C	0.01%
ARWR	F	0.01%
CLDX	F	0.01%
ZD	D	0.01%
FULT	D	0.01%
JAMF	F	0.01%
AMPH	C	0.01%
FLNC	C	0.01%
GERN	D	0.01%
IOSP	F	0.01%
ZG	C	0.01%
SYNA	F	0.01%
OMCL	C	0.01%
LILAK	D	0.01%
AGIO	D	0.01%
SMTC	C	0.01%
DRVN	C	0.01%
POWL	A	0.01%
ACAD	F	0.01%
USLM	C	0.01%
CGON	C	0.01%
SNEX	C	0.01%
BHF	F	0.01%
MRUS	D	0.01%
HTLF	C	0.01%
IBTX	D	0.01%
PLUS	C	0.01%
UPST	C	0.01%
BRZE	F	0.01%
ASTE	F	0.01%
PTCT	C	0.01%
TOWN	D	0.01%
AGYS	D	0.01%
DYN	D	0.01%
TGTX	C	0.01%
FHB	D	0.01%
EXPI	C	0.01%
HUBG	D	0.01%
BZ	C	0.01%
HWKN	A	0.01%
EBC	D	0.01%
STNE	F	0.01%
FORM	F	0.01%
ASTH	B	0.01%
QFIN	B	0.01%
RYTM	C	0.01%
URBN	F	0.01%
GH	F	0.01%
UFPT	D	0.01%
LFST	C	0.01%
ESGR	D	0.01%
OTTR	F	0.01%
AMBA	C	0.01%
SFNC	C	0.01%
AVT	B	0.01%
POWI	F	0.01%
PENN	D	0.01%
OZK	F	0.01%
CATY	D	0.01%
SMPL	D	0.01%
VIRT	C	0.01%
SHOO	A	0.01%
FA	A	0.01%
FIBK	D	0.01%
FTDR	C	0.01%
ARLP	A	0.01%
NPAB	D	0.01%
XENE	F	0.01%
MGEE	A	0.01%
TRMD	F	0.01%
DORM	C	0.01%
WAFD	D	0.01%
NWL	D	0.01%
WDFC	C	0.01%
IRDM	C	0.01%
ACVA	C	0.01%
WSFS	D	0.01%
NCNO	D	0.01%
JJSF	A	0.01%
ICFI	C	0.01%
CCOI	B	0.01%

ONEQ Underweight 332 Positions Relative to ILCV

Symbol	Grade	Weight
BRK.A	C	-3.16%
JPM	D	-2.29%
XOM	B	-1.97%
UNH	B	-1.77%
PG	C	-1.57%
HD	A	-1.52%
JNJ	C	-1.49%
WMT	A	-1.33%
ABBV	A	-1.32%
KO	B	-1.07%
BAC	D	-1.02%
CVX	D	-0.94%
IBM	C	-0.78%
TMO	C	-0.76%
ABT	C	-0.75%
ORCL	C	-0.74%
ACN	B	-0.73%
WFC	D	-0.73%
PM	B	-0.72%
VZ	A	-0.72%
MRK	F	-0.71%
DHR	B	-0.68%
MCD	A	-0.66%
NEE	A	-0.66%
PFE	D	-0.63%
GS	D	-0.62%
RTX	A	-0.61%
T	A	-0.6%
LOW	A	-0.58%
UNP	C	-0.57%
CAT	A	-0.56%
BLK	B	-0.54%
MS	B	-0.5%
ELV	F	-0.47%
COP	D	-0.47%
LMT	A	-0.47%
DIS	D	-0.47%
C	B	-0.45%
MDT	A	-0.44%
CB	A	-0.42%
DE	A	-0.41%
AMT	C	-0.41%
BMY	B	-0.4%
AXP	A	-0.39%
UPS	D	-0.38%
SO	A	-0.38%
BA	F	-0.37%
TJX	C	-0.37%
CI	C	-0.37%
GE	C	-0.35%
SPGI	C	-0.35%
SCHW	D	-0.35%
DUK	B	-0.34%
PLD	D	-0.33%
MO	B	-0.33%
MMC	D	-0.31%
NKE	D	-0.31%
FI	A	-0.31%
SYK	C	-0.3%
ITW	B	-0.3%
HCA	A	-0.29%
MMM	B	-0.29%
NOC	B	-0.29%
CVS	D	-0.29%
PNC	C	-0.28%
FCX	B	-0.28%
ICE	A	-0.28%
GD	A	-0.28%
BDX	B	-0.27%
EOG	D	-0.27%
USB	C	-0.27%
TGT	C	-0.27%
APD	C	-0.26%
PGR	C	-0.26%
BSX	A	-0.25%
EMR	B	-0.24%
KKR	C	-0.24%
CRH	C	-0.24%
SHW	B	-0.23%
BX	C	-0.23%
CL	D	-0.23%
FDX	D	-0.23%
COF	C	-0.22%
TFC	D	-0.22%
DHI	B	-0.22%
ETN	C	-0.22%
PSX	F	-0.21%
WMB	A	-0.21%
MPC	F	-0.21%
AFL	A	-0.21%
NSC	B	-0.21%
AON	A	-0.21%
SLB	F	-0.2%
SPG	A	-0.2%
GM	D	-0.2%
SRE	A	-0.2%
OKE	C	-0.2%
BK	C	-0.2%
WM	D	-0.2%
WELL	B	-0.19%
MET	A	-0.19%
MSI	A	-0.19%
ZTS	B	-0.19%
CCI	A	-0.19%
FIS	C	-0.18%
AIG	F	-0.18%
VLO	F	-0.17%
PRU	C	-0.17%
PEG	A	-0.17%
LEN	B	-0.17%
MCK	F	-0.17%
LHX	A	-0.17%
PH	B	-0.17%
KVUE	C	-0.16%
AJG	D	-0.16%
TT	A	-0.16%
FERG	F	-0.16%
GIS	B	-0.16%
F	D	-0.16%
KMI	A	-0.16%
KR	B	-0.15%
HUM	F	-0.15%
CNC	F	-0.15%
NUE	D	-0.14%
APO	A	-0.14%
ED	A	-0.14%
O	A	-0.14%
GEV	A	-0.13%
EIX	A	-0.13%
APH	D	-0.13%
HIG	A	-0.13%
VICI	C	-0.13%
GLW	C	-0.13%
HPQ	C	-0.13%
TRV	C	-0.12%
KMB	B	-0.12%
OXY	F	-0.12%
MCO	C	-0.12%
ETR	A	-0.11%
CARR	C	-0.11%
URI	B	-0.11%
LNG	D	-0.11%
ALL	C	-0.11%
ADM	D	-0.11%
RSG	D	-0.11%
MTB	C	-0.11%
NVR	A	-0.11%
PSA	C	-0.11%
ECL	A	-0.11%
WEC	A	-0.11%
LYB	D	-0.1%
SW	B	-0.1%
HPE	C	-0.1%
DTE	A	-0.1%
STT	C	-0.1%
CAH	B	-0.1%
IFF	C	-0.1%
NEM	C	-0.1%
D	A	-0.1%
DOW	B	-0.09%
FE	A	-0.09%
CTVA	B	-0.09%
AEE	A	-0.09%
ES	A	-0.09%
EXR	C	-0.09%
PPL	A	-0.09%
PCG	B	-0.09%
WY	B	-0.09%
DVN	F	-0.09%
STZ	B	-0.08%
DD	B	-0.08%
BAX	D	-0.08%
BBY	B	-0.08%
SYF	C	-0.08%
OMC	A	-0.08%
ATO	A	-0.08%
RF	C	-0.08%
JCI	B	-0.08%
K	B	-0.08%
TEL	D	-0.08%
IP	B	-0.07%
DGX	C	-0.07%
PHM	A	-0.07%
EG	B	-0.07%
COR	F	-0.07%
DELL	D	-0.07%
EXPD	B	-0.07%
DAL	B	-0.07%
CFG	D	-0.07%
CCL	C	-0.07%
CNP	B	-0.07%
TRGP	C	-0.07%
LH	D	-0.07%
PPG	D	-0.07%
DG	F	-0.07%
PKG	A	-0.07%
CBRE	A	-0.06%
L	D	-0.06%
MRO	D	-0.06%
DFS	C	-0.06%
OC	B	-0.06%
KEYS	C	-0.06%
AMP	A	-0.06%
GPN	F	-0.06%
NI	A	-0.06%
EQR	C	-0.06%
CAG	B	-0.06%
KEY	C	-0.06%
CF	A	-0.06%
IQV	F	-0.06%
THC	C	-0.06%
FNF	A	-0.06%
DOC	B	-0.06%
AVB	C	-0.06%
RS	D	-0.06%
AMCR	A	-0.06%
VTR	B	-0.06%
OTIS	A	-0.06%
IRM	B	-0.06%
IPG	C	-0.05%
BLDR	B	-0.05%
NRG	A	-0.05%
JNPR	C	-0.05%
BXP	C	-0.05%
LDOS	A	-0.05%
RCL	C	-0.05%
HSY	D	-0.05%
SJM	B	-0.05%
EQH	C	-0.05%
ARE	D	-0.05%
EMN	B	-0.05%
CMS	A	-0.05%
BG	D	-0.05%
RNR	A	-0.05%
WPC	C	-0.05%
AWK	C	-0.05%
RGA	C	-0.05%
VST	A	-0.05%
DLR	C	-0.05%
AES	B	-0.05%
CMI	B	-0.05%
SOLV	D	-0.04%
GRMN	D	-0.04%
ALLY	F	-0.04%
TDY	B	-0.04%
MKC	B	-0.04%
LUV	C	-0.04%
TAP	D	-0.04%
ESS	C	-0.04%
SNA	B	-0.04%
DRI	C	-0.04%
TOL	A	-0.04%
OVV	F	-0.04%
UNM	A	-0.04%
CPNG	C	-0.04%
MAS	A	-0.04%
CNH	C	-0.04%
CTRA	D	-0.04%
VLTO	C	-0.04%
ZBH	F	-0.04%
GPC	D	-0.04%
MAA	C	-0.04%
HAL	F	-0.04%
DKS	D	-0.03%
J	D	-0.03%
CE	D	-0.03%
WTRG	D	-0.03%
USFD	C	-0.03%
TFX	B	-0.03%
AVTR	D	-0.03%
WRB	B	-0.03%
CCK	A	-0.03%
ACI	F	-0.03%
EQT	C	-0.03%
CPT	C	-0.03%
MKL	B	-0.03%
CLX	B	-0.03%
UHS	D	-0.03%
GEN	A	-0.03%
DINO	F	-0.03%
WAT	B	-0.03%
DOV	C	-0.03%
FTV	B	-0.03%
AR	C	-0.03%
PINS	D	-0.03%
TSN	D	-0.03%
MOH	D	-0.03%
MOS	F	-0.03%
TXT	D	-0.03%
AVY	B	-0.03%
RVTY	C	-0.03%
SWK	A	-0.03%
BALL	B	-0.03%
APTV	D	-0.03%
RJF	B	-0.03%
HII	D	-0.02%
DVA	B	-0.02%
UHAL	A	-0.02%
XPO	F	-0.02%
KIM	C	-0.02%
PNR	A	-0.02%
RRX	C	-0.02%
ELS	D	-0.02%
BAH	A	-0.02%
UDR	C	-0.02%
SCI	C	-0.02%
ALLE	A	-0.02%
CPAY	A	-0.02%
RPM	C	-0.02%
MGM	D	-0.02%
ALB	D	-0.02%
EPAM	F	-0.02%
BLD	C	-0.02%
ACM	B	-0.02%
BJ	D	-0.02%
KMX	D	-0.02%
SIRI	C	-0.02%
SNX	C	-0.02%
JBL	D	-0.02%
BEN	F	-0.02%
AFG	B	-0.02%
COO	C	-0.02%
HRL	F	-0.02%
WSM	C	-0.02%
LEN	B	-0.01%
AGR	C	-0.01%
WLK	B	-0.01%
AOS	B	-0.01%
PAG	D	-0.01%
CRL	F	-0.01%
UHAL	A	-0.0%
COTY	F	-0.0%