ONEQ vs. IQSU ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to IQ Candriam ESG US Equity ETF (IQSU)

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

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$49.60

Average Daily Volume

10,845

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	IQSU
30 Days	4.10%	4.52%
60 Days	5.77%	4.59%
90 Days	6.51%	6.02%
12 Months	33.93%	24.96%

98 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in IQSU	Overlap
AAPL	C	11.32%	9.59%	9.59%
ABNB	C	0.19%	0.23%	0.19%
ACGL	D	0.13%	0.13%	0.13%
ADBE	C	0.74%	0.87%	0.74%
ADI	D	0.34%	0.42%	0.34%
ADP	B	0.4%	0.48%	0.4%
ADSK	A	0.21%	0.26%	0.21%
AKAM	D	0.04%	0.05%	0.04%
ALNY	D	0.1%	0.12%	0.1%
AMAT	F	0.46%	0.55%	0.46%
AMD	F	0.72%	0.86%	0.72%
ANSS	B	0.09%	0.12%	0.09%
BIIB	F	0.08%	0.09%	0.08%
BKR	B	0.14%	0.18%	0.14%
BMRN	D	0.04%	0.05%	0.04%
CDNS	B	0.26%	0.32%	0.26%
CDW	F	0.08%	0.09%	0.08%
CHTR	C	0.19%	0.15%	0.15%
CMCSA	B	0.54%	0.65%	0.54%
CME	A	0.27%	0.32%	0.27%
CPB	D	0.04%	0.03%	0.03%
CRWD	B	0.26%	0.31%	0.26%
CSCO	B	0.76%	0.91%	0.76%
CTAS	B	0.27%	0.3%	0.27%
CTSH	B	0.13%	0.15%	0.13%
DASH	A	0.22%	0.22%	0.22%
DLTR	F	0.04%	0.05%	0.04%
DOX	D	0.03%	0.04%	0.03%
DXCM	D	0.1%	0.12%	0.1%
EA	A	0.14%	0.16%	0.14%
EBAY	D	0.1%	0.12%	0.1%
ENPH	F	0.03%	0.03%	0.03%
EQIX	A	0.28%	0.34%	0.28%
EXC	C	0.13%	0.15%	0.13%
FAST	B	0.16%	0.18%	0.16%
FITB	A	0.09%	0.12%	0.09%
FTNT	C	0.24%	0.22%	0.22%
GEN	B	0.06%	0.06%	0.06%
GILD	C	0.36%	0.43%	0.36%
GOOG	C	3.22%	2.55%	2.55%
GOOGL	C	3.35%	2.84%	2.84%
HBAN	A	0.08%	0.1%	0.08%
HOLX	D	0.06%	0.07%	0.06%
IDXX	F	0.11%	0.14%	0.11%
INCY	C	0.05%	0.05%	0.05%
INTC	D	0.35%	0.4%	0.35%
INTU	C	0.63%	0.7%	0.63%
JBHT	C	0.06%	0.06%	0.06%
KDP	D	0.14%	0.13%	0.13%
KHC	F	0.12%	0.1%	0.1%
KLAC	D	0.27%	0.33%	0.27%
LIN	D	0.69%	0.85%	0.69%
LRCX	F	0.3%	0.36%	0.3%
LULU	C	0.12%	0.13%	0.12%
MAR	B	0.25%	0.27%	0.25%
MDB	C	0.07%	0.08%	0.07%
MDLZ	F	0.28%	0.34%	0.28%
MELI	D	0.32%	0.36%	0.32%
MPWR	F	0.09%	0.1%	0.09%
MRVL	B	0.25%	0.3%	0.25%
MSFT	F	10.23%	9.56%	9.56%
MU	D	0.35%	0.43%	0.35%
NDAQ	A	0.15%	0.12%	0.12%
NTAP	C	0.08%	0.1%	0.08%
NTRS	A	0.07%	0.09%	0.07%
OKTA	C	0.04%	0.05%	0.04%
ON	D	0.1%	0.11%	0.1%
PANW	C	0.41%	0.49%	0.41%
PAYX	C	0.17%	0.18%	0.17%
PEP	F	0.7%	0.86%	0.7%
PFG	D	0.06%	0.08%	0.06%
PYPL	B	0.29%	0.35%	0.29%
QCOM	F	0.59%	0.67%	0.59%
ROP	B	0.19%	0.23%	0.19%
RPRX	D	0.04%	0.04%	0.04%
SBAC	D	0.08%	0.09%	0.08%
SBUX	A	0.37%	0.43%	0.37%
SNPS	B	0.26%	0.32%	0.26%
SSNC	B	0.06%	0.06%	0.06%
STX	D	0.07%	0.07%	0.07%
SWKS	F	0.04%	0.05%	0.04%
TEAM	A	0.13%	0.15%	0.13%
TER	D	0.06%	0.06%	0.06%
TRMB	B	0.06%	0.07%	0.06%
TSCO	D	0.1%	0.12%	0.1%
TSLA	B	3.4%	3.69%	3.4%
TTWO	A	0.1%	0.12%	0.1%
TXN	C	0.59%	0.7%	0.59%
ULTA	F	0.05%	0.07%	0.05%
VRSK	A	0.13%	0.16%	0.13%
VRSN	F	0.06%	0.06%	0.06%
VRTX	F	0.39%	0.46%	0.39%
WBD	C	0.08%	0.09%	0.08%
WDAY	B	0.18%	0.21%	0.18%
WDC	D	0.07%	0.08%	0.07%
WTW	B	0.11%	0.13%	0.11%
ZBRA	B	0.07%	0.08%	0.07%
ZS	C	0.1%	0.07%	0.07%

ONEQ Overweight 732 Positions Relative to IQSU

Symbol	Grade	Weight
NVDA	C	11.52%
AMZN	C	7.05%
META	D	4.0%
AVGO	D	2.53%
COST	B	1.33%
NFLX	A	1.17%
TMUS	B	0.89%
ISRG	A	0.61%
BKNG	A	0.54%
AMGN	D	0.5%
HON	B	0.49%
APP	B	0.28%
REGN	F	0.27%
PDD	F	0.25%
CEG	D	0.23%
ORLY	B	0.23%
ASML	F	0.21%
COIN	C	0.21%
CSX	B	0.21%
MSTR	C	0.2%
PCAR	B	0.19%
CPRT	A	0.18%
NXPI	D	0.18%
FANG	D	0.17%
MNST	C	0.17%
TTD	B	0.17%
AEP	D	0.16%
ROST	C	0.15%
ODFL	B	0.15%
AXON	A	0.14%
DDOG	A	0.13%
XEL	A	0.13%
AZN	D	0.12%
GEHC	F	0.12%
MCHP	D	0.11%
CCEP	C	0.11%
UAL	A	0.1%
FCNCA	A	0.1%
CSGP	D	0.1%
GFS	C	0.08%
TCOM	B	0.08%
LPLA	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
FSLR	F	0.07%
IBKR	A	0.07%
ZM	B	0.07%
STLD	B	0.07%
PTC	A	0.07%
EXPE	B	0.07%
CINF	A	0.07%
ILMN	D	0.07%
ALGN	D	0.06%
NTNX	A	0.06%
JD	D	0.06%
MANH	D	0.06%
NTRA	B	0.06%
CG	A	0.06%
ARGX	A	0.06%
GRAB	B	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	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%
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%
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%
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%
BIDU	F	0.04%
LOGI	D	0.04%
FFIV	B	0.04%
MNDY	C	0.04%
Z	A	0.04%
SMMT	D	0.04%
CYBR	B	0.04%
PPC	C	0.04%
REG	B	0.04%
POOL	C	0.04%
EVRG	A	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%
CSWI	A	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%
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%
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%
SFNC	B	0.02%
VERX	B	0.02%
GSHD	A	0.02%
OZK	B	0.02%
VIRT	B	0.02%
WDFC	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%
WSFS	A	0.02%
AUR	C	0.02%
CCOI	B	0.02%
GLNG	C	0.02%
QFIN	B	0.02%
MGEE	C	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%
CATY	B	0.02%
BLKB	B	0.02%
APPF	B	0.02%
AEIS	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%
BANF	B	0.02%
LANC	C	0.02%
RUSHA	C	0.02%
LNTH	D	0.02%
ICUI	D	0.02%
TFSL	A	0.02%
FIVE	F	0.02%
SBRA	C	0.02%
AXSM	B	0.02%
SHC	F	0.02%
FIZZ	C	0.02%
CACC	D	0.02%
BPMC	C	0.02%
BGC	C	0.02%
CALM	A	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%
VCTR	B	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%
IBOC	A	0.02%
INTA	A	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	D	0.02%
USLM	A	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%
STEP	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%
HWC	B	0.02%
ALTR	B	0.02%
GNTX	C	0.02%
SLM	A	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%
UMBF	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%
TPG	A	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%
BLMN	F	0.01%
PGNY	F	0.01%
LQDA	D	0.01%
PSNY	F	0.01%
GRFS	C	0.01%
JACK	D	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%
EMBC	C	0.01%
GDEN	B	0.01%
GIII	D	0.01%
IMKTA	C	0.01%
BVS	D	0.01%
LILAK	D	0.01%
TRS	B	0.01%
COGT	D	0.01%
MATW	C	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%
MGPI	F	0.01%
ARDX	F	0.01%
PYCR	C	0.01%
AMRK	F	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%
NSSC	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%
SCVL	F	0.01%
OPK	C	0.01%
CBRL	C	0.01%
NVEE	F	0.01%
AMED	F	0.01%
ISTR	B	0.01%
COHU	C	0.01%
TH	C	0.01%
IMCR	D	0.01%
PLYA	B	0.01%
FFIC	B	0.01%
VIR	D	0.01%
AVAH	B	0.01%
WASH	C	0.01%
GLUE	C	0.01%
PDFS	C	0.01%
OLPX	D	0.01%
HTLD	B	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%
HAFC	A	0.01%
RNW	D	0.01%
AVO	C	0.01%
SPT	C	0.01%
CMCO	B	0.01%
KALU	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%
PFC	A	0.01%
SOUN	C	0.01%
DAWN	F	0.01%
UCTT	D	0.01%
TNDM	F	0.01%
SNDX	F	0.01%
MRTN	C	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%
XRX	F	0.01%
SCSC	B	0.01%
FTRE	D	0.01%
NAVI	C	0.01%
INFN	C	0.01%
INVA	D	0.01%
UNIT	B	0.01%
PDCO	D	0.01%
ECPG	B	0.01%
HBNC	B	0.01%
CRAI	B	0.01%
CENTA	C	0.01%
ARVN	D	0.01%
MBUU	C	0.01%
QNST	B	0.01%
WABC	B	0.01%
SAFT	C	0.01%
ANDE	D	0.01%
ACLS	F	0.01%
IAS	C	0.01%
MCRI	A	0.01%
ATEX	D	0.01%
WINA	B	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%
AMSF	B	0.01%
FA	C	0.01%
PEBO	A	0.01%
MSEX	B	0.01%
PFBC	B	0.01%
TCBK	B	0.01%
ULH	B	0.01%
NEXT	B	0.01%
AKRO	B	0.01%
AZTA	D	0.01%
GDYN	B	0.01%
UPBD	B	0.01%
PAGP	A	0.01%
AXNX	C	0.01%
AUPH	B	0.01%
CNXN	C	0.01%
SBLK	F	0.01%
DGII	B	0.01%
CSGS	B	0.01%
HRMY	D	0.01%
MNKD	C	0.01%
HTZ	C	0.01%
OCFC	B	0.01%
MQ	F	0.01%
ERII	D	0.01%
RUN	F	0.01%
CHEF	A	0.01%
LBPH	A	0.01%
APOG	B	0.01%
VC	D	0.01%
MLKN	D	0.01%
PTGX	C	0.01%
AY	B	0.01%
ATSG	B	0.01%
DVAX	C	0.01%
TARS	B	0.01%
BUSE	B	0.01%
DNUT	D	0.01%
TMDX	F	0.01%
VSEC	C	0.01%
RRR	D	0.01%
IDYA	F	0.01%
TRMD	F	0.01%
GTX	D	0.01%
BEAM	D	0.01%
GABC	B	0.01%
LKFN	B	0.01%
ZLAB	C	0.01%
INBK	B	0.01%
JANX	C	0.01%
HPK	B	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%
MBIN	D	0.01%
VERA	B	0.01%
APPN	B	0.01%
ATAT	C	0.01%
NWBI	B	0.01%
ROIC	A	0.01%
JAMF	F	0.01%
EXTR	B	0.01%
ADUS	D	0.01%
BILI	D	0.01%
STRA	C	0.01%
CAKE	C	0.01%
EVCM	B	0.01%
HOPE	B	0.01%
SUPN	C	0.01%
STBA	B	0.01%
CPRX	C	0.01%
XNCR	B	0.01%
CNXC	F	0.01%
NTCT	C	0.01%
PTVE	B	0.01%
GDS	C	0.01%
YY	C	0.01%
PLUS	F	0.01%
PRDO	B	0.01%
ROCK	C	0.01%
RPD	C	0.01%
WERN	C	0.01%
IRTC	D	0.01%
VBTX	B	0.01%
SASR	B	0.01%
CHCO	B	0.01%
XPEL	C	0.01%
LAUR	A	0.01%
DCOM	A	0.01%
LGND	B	0.01%
NMRK	B	0.01%
CGON	F	0.01%
ALHC	C	0.01%
PRVA	B	0.01%
ARWR	F	0.01%
WSBC	A	0.01%
NNBR	C	0.01%
CAR	C	0.01%
ARCB	C	0.01%
CLBK	B	0.01%
SYBT	B	0.01%
AMRX	C	0.01%
OSW	A	0.01%
SBCF	A	0.01%
PINC	B	0.01%
FLNC	C	0.01%
TTMI	B	0.01%
AMPH	D	0.01%
FRME	B	0.01%
VRNA	B	0.01%
UFPT	B	0.01%
WEN	D	0.01%
WULF	C	0.01%
CASH	A	0.01%
MGNI	A	0.01%
KROS	D	0.01%
PSMT	C	0.01%
GOGL	F	0.01%
CIFR	B	0.01%
IDCC	A	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%
EFSC	B	0.01%
FBNC	A	0.01%
XRAY	F	0.01%
HEES	B	0.01%
KLIC	B	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
TRMK	B	0.01%
GT	C	0.01%
NWE	B	0.01%
LMAT	A	0.01%
ICFI	F	0.01%
MYRG	B	0.01%
ALRM	C	0.01%
VIAV	B	0.01%
FFBC	A	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%
ASTE	B	0.01%
FROG	C	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
EXPI	C	0.01%
NBTB	B	0.01%
BRZE	C	0.01%
SYNA	C	0.01%
SHOO	D	0.01%
VCEL	B	0.01%
ERIC	B	0.01%
MRCY	B	0.01%
SGRY	F	0.01%
BANR	B	0.01%
OMCL	C	0.01%
SRRK	B	0.01%
MGRC	B	0.01%
NPAB	B	0.01%
PPBI	B	0.01%
PATK	D	0.01%
ACAD	D	0.01%
ACHC	F	0.01%
ATRC	C	0.01%
INDB	B	0.01%
IOSP	B	0.01%
NARI	C	0.01%
FOLD	F	0.01%
SATS	D	0.01%
PLMR	B	0.01%
RBCAA	B	0.01%
ZD	C	0.01%
NEOG	F	0.01%
PRGS	A	0.01%
ZG	A	0.01%
HWKN	B	0.01%
TOWN	B	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%
OTTR	C	0.01%
WVE	C	0.01%
IAC	D	0.01%
IRDM	D	0.01%
FULT	A	0.01%
XENE	D	0.01%
JJSF	B	0.01%
PTCT	B	0.01%
IBTX	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%
CVBF	A	0.01%
EBC	B	0.01%
DNLI	D	0.01%
AGIO	C	0.01%
RARE	D	0.01%
HTLF	B	0.01%
PCH	D	0.01%
BHF	B	0.01%
FIBK	A	0.01%
SMPL	B	0.01%
SNEX	B	0.01%
WAFD	B	0.01%
ASO	F	0.01%
NSIT	F	0.01%
FHB	A	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
AGYS	A	0.01%
POWL	C	0.01%

ONEQ Underweight 183 Positions Relative to IQSU

Symbol	Grade	Weight
UNH	C	-2.17%
V	A	-1.91%
MA	C	-1.66%
PG	A	-1.58%
HD	A	-1.56%
BAC	A	-1.23%
CRM	B	-1.2%
ACN	C	-0.94%
NOW	A	-0.82%
DIS	B	-0.82%
IBM	C	-0.77%
GE	D	-0.76%
AXP	A	-0.65%
MS	A	-0.65%
SPGI	C	-0.62%
NEE	D	-0.61%
PGR	A	-0.59%
LOW	D	-0.59%
TJX	A	-0.54%
BX	A	-0.51%
C	A	-0.5%
FI	A	-0.5%
BMY	B	-0.46%
MMC	B	-0.43%
PLD	D	-0.41%
KKR	A	-0.4%
UPS	C	-0.38%
AMT	D	-0.37%
TT	A	-0.37%
ELV	F	-0.37%
CI	F	-0.36%
SHW	A	-0.35%
PH	A	-0.35%
ICE	C	-0.35%
WM	A	-0.35%
NKE	D	-0.35%
CMG	B	-0.32%
ITW	B	-0.32%
ZTS	D	-0.32%
PNC	B	-0.32%
WELL	A	-0.32%
MSI	B	-0.32%
CL	D	-0.31%
MCO	B	-0.3%
EMR	A	-0.29%
USB	A	-0.29%
MMM	D	-0.28%
WMB	A	-0.28%
APD	A	-0.28%
COF	B	-0.27%
FDX	B	-0.26%
OKE	A	-0.26%
APO	B	-0.26%
AJG	B	-0.25%
DLR	B	-0.24%
ECL	D	-0.24%
TFC	A	-0.24%
HLT	A	-0.24%
SLB	C	-0.24%
FCX	D	-0.24%
SRE	A	-0.23%
SPG	B	-0.23%
BK	A	-0.23%
TRV	B	-0.23%
CARR	D	-0.23%
KMI	A	-0.22%
JCI	C	-0.22%
AMP	A	-0.22%
MPC	D	-0.22%
TGT	F	-0.22%
AFL	B	-0.22%
FICO	B	-0.22%
PSA	D	-0.21%
URI	B	-0.21%
LNG	B	-0.2%
ALL	A	-0.2%
RCL	A	-0.2%
AZO	C	-0.2%
PWR	A	-0.19%
FIS	C	-0.19%
MET	A	-0.19%
AIG	B	-0.19%
NEM	D	-0.19%
PCG	A	-0.18%
CCI	D	-0.18%
PEG	A	-0.18%
MSCI	C	-0.18%
PRU	A	-0.18%
KVUE	A	-0.18%
KMB	D	-0.18%
VLO	C	-0.18%
GWW	B	-0.18%
DFS	B	-0.17%
SNOW	C	-0.16%
CBRE	B	-0.16%
OTIS	C	-0.16%
IR	B	-0.16%
EW	C	-0.16%
YUM	B	-0.15%
SYY	B	-0.15%
KR	B	-0.15%
IT	C	-0.15%
EXR	D	-0.14%
WAB	B	-0.14%
HIG	B	-0.14%
RMD	C	-0.14%
MTB	A	-0.14%
HUM	C	-0.14%
NUE	C	-0.14%
MLM	B	-0.14%
HPQ	B	-0.14%
DELL	C	-0.14%
GIS	D	-0.14%
GLW	B	-0.14%
VMC	B	-0.14%
ROK	B	-0.13%
AVB	B	-0.13%
IRM	D	-0.13%
HUBS	A	-0.13%
ED	D	-0.13%
GPN	B	-0.12%
EFX	F	-0.12%
RJF	A	-0.12%
DD	D	-0.12%
VEEV	C	-0.12%
AWK	D	-0.11%
CHD	B	-0.11%
DOV	A	-0.11%
NVR	D	-0.11%
HPE	B	-0.11%
HAL	C	-0.11%
PPG	F	-0.11%
KEYS	A	-0.11%
CAH	B	-0.11%
XYL	D	-0.11%
MTD	D	-0.1%
CPAY	A	-0.1%
EQR	B	-0.1%
HSY	F	-0.1%
VTR	C	-0.1%
SYF	B	-0.1%
BR	A	-0.1%
ADM	D	-0.1%
FTV	C	-0.1%
CBOE	B	-0.09%
WY	D	-0.09%
ZBH	C	-0.09%
IFF	D	-0.09%
WST	C	-0.09%
RF	A	-0.09%
INVH	D	-0.08%
MKC	D	-0.08%
OMC	C	-0.08%
LH	C	-0.08%
CLX	B	-0.08%
CFG	B	-0.08%
K	A	-0.08%
STE	F	-0.08%
LYB	F	-0.08%
WAT	B	-0.08%
ES	D	-0.08%
PKG	A	-0.08%
EXPD	D	-0.07%
MAS	D	-0.07%
BBY	D	-0.07%
PINS	D	-0.07%
KEY	B	-0.07%
DGX	A	-0.07%
MAA	B	-0.07%
TRU	D	-0.07%
BALL	D	-0.07%
ESS	B	-0.07%
APTV	D	-0.06%
DOC	D	-0.06%
DG	F	-0.06%
EG	C	-0.06%
ARE	D	-0.06%
CAG	D	-0.05%
AVTR	F	-0.05%
EL	F	-0.05%
SNAP	C	-0.04%
HRL	D	-0.03%
AGR	B	-0.01%