ONEQ vs. IUSG ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to iShares Core U.S. Growth ETF (IUSG)

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

$71.48

Average Daily Volume

288,989

Number of Holdings ^*

848

* may have additional holdings in another (foreign) market

IUSG

iShares Core U.S. Growth ETF

IUSG Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit growth 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. It seeks to track the investment results of the Russell 3000 Growth Index (the "underlying index"), which measures the performance of the growth sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$131.69

Average Daily Volume

372,663

Number of Holdings ^*

485

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	IUSG
30 Days	6.25%	6.38%
60 Days	12.06%	12.97%
90 Days	-1.05%	0.12%
12 Months	38.14%	40.14%

185 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in IUSG	Overlap
AAON	A	0.03%	0.02%	0.02%
AAPL	C	11.88%	11.95%	11.88%
ABNB	D	0.19%	0.1%	0.1%
ACGL	A	0.15%	0.15%	0.15%
ACHC	F	0.02%	0.02%	0.02%
ADBE	F	0.77%	0.77%	0.77%
ADI	B	0.38%	0.23%	0.23%
ADP	A	0.39%	0.15%	0.15%
ADSK	B	0.2%	0.1%	0.1%
AKAM	D	0.05%	0.03%	0.03%
ALGM	F	0.02%	0.0%	0.0%
ALGN	D	0.06%	0.03%	0.03%
ALTR	B	0.02%	0.02%	0.02%
AMAT	C	0.56%	0.57%	0.56%
AMD	C	0.89%	0.9%	0.89%
AMED	D	0.01%	0.0%	0.0%
AMZN	C	6.71%	6.01%	6.01%
ANSS	D	0.09%	0.05%	0.05%
APA	F	0.03%	0.03%	0.03%
APPF	C	0.02%	0.02%	0.02%
ARWR	F	0.01%	0.01%	0.01%
AVGO	B	2.68%	2.71%	2.68%
AXON	A	0.1%	0.1%	0.1%
AZTA	F	0.01%	0.0%	0.0%
BKNG	B	0.46%	0.48%	0.46%
BLKB	C	0.02%	0.01%	0.01%
BMRN	F	0.05%	0.03%	0.03%
BRKR	D	0.03%	0.02%	0.02%
CAR	D	0.01%	0.01%	0.01%
CASY	D	0.05%	0.05%	0.05%
CBSH	D	0.03%	0.01%	0.01%
CDNS	D	0.24%	0.25%	0.24%
CDW	D	0.1%	0.04%	0.04%
CEG	A	0.29%	0.13%	0.13%
CELH	F	0.03%	0.02%	0.02%
CG	B	0.05%	0.01%	0.01%
CGNX	F	0.02%	0.01%	0.01%
CHDN	C	0.03%	0.03%	0.03%
CHRD	F	0.03%	0.03%	0.03%
CHTR	D	0.16%	0.05%	0.05%
CHX	C	0.02%	0.01%	0.01%
CME	A	0.28%	0.1%	0.1%
COKE	C	0.04%	0.03%	0.03%
COLM	B	0.02%	0.0%	0.0%
COST	C	1.34%	0.57%	0.57%
CPRT	B	0.17%	0.16%	0.16%
CROX	C	0.03%	0.03%	0.03%
CRUS	D	0.02%	0.01%	0.01%
CRWD	D	0.22%	0.22%	0.22%
CSGP	F	0.11%	0.05%	0.05%
CSX	D	0.22%	0.12%	0.12%
CTAS	C	0.27%	0.13%	0.13%
CVLT	B	0.02%	0.01%	0.01%
CYTK	D	0.02%	0.01%	0.01%
CZR	B	0.03%	0.02%	0.02%
DBX	C	0.02%	0.02%	0.02%
DUOL	B	0.04%	0.04%	0.04%
DXCM	F	0.09%	0.06%	0.06%
EA	D	0.13%	0.05%	0.05%
EEFT	F	0.02%	0.01%	0.01%
ENPH	F	0.05%	0.02%	0.02%
ENSG	D	0.02%	0.03%	0.02%
EQIX	C	0.28%	0.14%	0.14%
ERIE	A	0.09%	0.03%	0.03%
EWBC	B	0.04%	0.02%	0.02%
EXEL	B	0.03%	0.03%	0.03%
EXLS	B	0.02%	0.01%	0.01%
EXPE	B	0.06%	0.06%	0.06%
EXPO	A	0.02%	0.01%	0.01%
FANG	D	0.11%	0.12%	0.11%
FAST	C	0.15%	0.07%	0.07%
FFIN	D	0.02%	0.01%	0.01%
FIVE	D	0.02%	0.02%	0.02%
FTNT	A	0.2%	0.17%	0.17%
GLPI	C	0.04%	0.02%	0.02%
GNTX	D	0.02%	0.02%	0.02%
GOOG	B	3.25%	2.81%	2.81%
GOOGL	B	3.38%	3.4%	3.38%
HALO	D	0.02%	0.03%	0.02%
HLNE	A	0.03%	0.02%	0.02%
HQY	B	0.02%	0.01%	0.01%
HST	D	0.04%	0.03%	0.03%
HWC	D	0.02%	0.01%	0.01%
IBKR	A	0.05%	0.03%	0.03%
IBOC	D	0.02%	0.0%	0.0%
IDXX	D	0.14%	0.08%	0.08%
INTU	F	0.58%	0.59%	0.58%
IRDM	C	0.02%	0.01%	0.01%
ISRG	C	0.59%	0.39%	0.39%
JAZZ	F	0.02%	0.01%	0.01%
KLAC	B	0.35%	0.35%	0.35%
LAMR	C	0.04%	0.02%	0.02%
LANC	F	0.02%	0.01%	0.01%
LECO	D	0.03%	0.04%	0.03%
LFUS	C	0.02%	0.02%	0.02%
LIN	C	0.76%	0.41%	0.41%
LIVN	C	0.01%	0.0%	0.0%
LNTH	C	0.02%	0.03%	0.02%
LNW	F	0.03%	0.03%	0.03%
LOPE	D	0.02%	0.01%	0.01%
LRCX	D	0.36%	0.36%	0.36%
LSCC	D	0.03%	0.02%	0.02%
LSTR	F	0.02%	0.02%	0.02%
LULU	D	0.11%	0.11%	0.11%
MANH	A	0.06%	0.06%	0.06%
MAR	A	0.23%	0.2%	0.2%
MASI	B	0.03%	0.01%	0.01%
MAT	B	0.03%	0.01%	0.01%
MCHP	F	0.14%	0.09%	0.09%
MDLZ	D	0.33%	0.14%	0.14%
MEDP	F	0.03%	0.03%	0.03%
META	A	4.35%	4.37%	4.35%
MIDD	D	0.03%	0.01%	0.01%
MKSI	F	0.03%	0.01%	0.01%
MNST	D	0.18%	0.08%	0.08%
MORN	B	0.05%	0.03%	0.03%
MPWR	B	0.15%	0.15%	0.15%
MSFT	D	10.8%	10.86%	10.8%
MTSI	B	0.03%	0.01%	0.01%
NBIX	F	0.04%	0.04%	0.04%
NFLX	A	1.05%	1.05%	1.05%
NOVT	C	0.02%	0.01%	0.01%
NTAP	D	0.08%	0.03%	0.03%
NVDA	B	9.92%	10.0%	9.92%
NXPI	F	0.2%	0.15%	0.15%
ODFL	F	0.15%	0.13%	0.13%
OLED	B	0.03%	0.03%	0.03%
OLLI	C	0.02%	0.02%	0.02%
ON	F	0.11%	0.05%	0.05%
OPCH	F	0.02%	0.01%	0.01%
ORLY	A	0.23%	0.17%	0.17%
OZK	D	0.01%	0.01%	0.01%
PANW	B	0.36%	0.37%	0.36%
PAYX	B	0.17%	0.06%	0.06%
PCAR	D	0.17%	0.13%	0.13%
PCTY	C	0.03%	0.02%	0.02%
PEP	F	0.79%	0.29%	0.29%
PNFP	B	0.02%	0.01%	0.01%
PODD	C	0.06%	0.02%	0.02%
POOL	D	0.05%	0.03%	0.03%
POWI	F	0.01%	0.01%	0.01%
PTC	B	0.07%	0.04%	0.04%
QCOM	D	0.64%	0.33%	0.33%
QLYS	F	0.02%	0.02%	0.02%
REGN	D	0.39%	0.23%	0.23%
RGEN	F	0.03%	0.03%	0.03%
RGLD	C	0.04%	0.02%	0.02%
RMBS	F	0.02%	0.02%	0.02%
ROIV	D	0.03%	0.01%	0.01%
ROP	D	0.2%	0.09%	0.09%
ROST	D	0.17%	0.17%	0.17%
SAIA	D	0.04%	0.04%	0.04%
SAIC	A	0.03%	0.01%	0.01%
SBAC	C	0.09%	0.04%	0.04%
SBUX	B	0.38%	0.23%	0.23%
SEIC	B	0.03%	0.01%	0.01%
SFM	A	0.04%	0.02%	0.02%
SHC	C	0.02%	0.01%	0.01%
SIGI	D	0.02%	0.01%	0.01%
SLAB	D	0.02%	0.01%	0.01%
SLM	B	0.02%	0.01%	0.01%
SNPS	F	0.26%	0.26%	0.26%
SRPT	F	0.04%	0.03%	0.03%
STLD	C	0.07%	0.04%	0.04%
STX	C	0.08%	0.03%	0.03%
SYNA	F	0.01%	0.0%	0.0%
TSCO	A	0.11%	0.05%	0.05%
TSLA	C	2.85%	2.49%	2.49%
TTEK	A	0.05%	0.04%	0.04%
TTWO	D	0.09%	0.04%	0.04%
TXN	C	0.63%	0.24%	0.24%
TXRH	A	0.04%	0.04%	0.04%
UFPI	C	0.03%	0.03%	0.03%
ULTA	D	0.06%	0.04%	0.04%
UTHR	C	0.05%	0.03%	0.03%
VC	F	0.01%	0.0%	0.0%
VRSK	D	0.13%	0.07%	0.07%
VRSN	C	0.06%	0.03%	0.03%
VRTX	D	0.42%	0.27%	0.27%
WEN	B	0.01%	0.01%	0.01%
WFRD	F	0.02%	0.02%	0.02%
WING	C	0.04%	0.04%	0.04%
WMG	D	0.02%	0.01%	0.01%
WWD	C	0.03%	0.04%	0.03%
WYNN	B	0.03%	0.03%	0.03%

ONEQ Overweight 663 Positions Relative to IUSG

Symbol	Grade	Weight
TMUS	A	0.81%
CSCO	A	0.73%
AMGN	D	0.59%
CMCSA	B	0.55%
HON	C	0.46%
MU	D	0.38%
MELI	D	0.36%
GILD	A	0.35%
INTC	D	0.34%
PDD	B	0.34%
ASML	F	0.27%
PYPL	A	0.27%
MRVL	C	0.21%
DASH	A	0.19%
WDAY	D	0.18%
AEP	C	0.18%
TTD	A	0.17%
KDP	C	0.17%
AZN	D	0.15%
EXC	C	0.14%
GEHC	C	0.14%
NDAQ	C	0.14%
KHC	F	0.14%
BKR	B	0.13%
XEL	C	0.13%
CTSH	B	0.13%
APP	A	0.13%
COIN	F	0.12%
DDOG	B	0.12%
CCEP	C	0.12%
ALNY	C	0.12%
WTW	C	0.11%
EBAY	A	0.11%
BIIB	F	0.1%
MSTR	B	0.1%
MRNA	F	0.09%
FITB	C	0.09%
FSLR	C	0.09%
TEAM	D	0.09%
WDC	C	0.08%
TROW	D	0.08%
TER	C	0.08%
ICLR	F	0.08%
ZS	F	0.08%
TCOM	A	0.08%
FCNCA	D	0.08%
PFG	A	0.07%
HBAN	B	0.07%
MDB	D	0.07%
CINF	A	0.07%
WBD	F	0.07%
CHKP	A	0.07%
JD	A	0.07%
GFS	F	0.07%
ILMN	B	0.07%
BIDU	C	0.06%
GEN	A	0.06%
ENTG	D	0.06%
JBHT	D	0.06%
SSNC	C	0.06%
ARM	C	0.06%
HOLX	D	0.06%
SNY	C	0.06%
ZM	B	0.06%
NTRS	B	0.06%
HOOD	B	0.06%
ARGX	C	0.06%
LPLA	D	0.06%
UAL	A	0.06%
DKNG	C	0.06%
ZBRA	B	0.06%
INCY	B	0.05%
MNDY	B	0.05%
FLEX	B	0.05%
VTRS	D	0.05%
LOGI	D	0.05%
NTNX	C	0.05%
NDSN	C	0.05%
SMMT	D	0.05%
SWKS	F	0.05%
CPB	D	0.05%
TRMB	B	0.05%
GRAB	C	0.05%
BSY	D	0.05%
LNT	B	0.05%
DLTR	F	0.05%
TW	A	0.05%
NTRA	A	0.05%
MKTX	B	0.04%
QRVO	F	0.04%
NWSA	D	0.04%
MTCH	B	0.04%
AFRM	C	0.04%
LBRDK	C	0.04%
INSM	D	0.04%
HAS	A	0.04%
CHK	C	0.04%
RIVN	F	0.04%
BGNE	A	0.04%
Z	C	0.04%
FFIV	B	0.04%
FUTU	A	0.04%
PAA	B	0.04%
DOCU	A	0.04%
CYBR	C	0.04%
JKHY	A	0.04%
CHRW	C	0.04%
OKTA	F	0.04%
PPC	C	0.04%
BNTX	B	0.04%
RPRX	D	0.04%
NTES	B	0.04%
PCVX	C	0.04%
TECH	D	0.04%
REG	C	0.04%
EXAS	C	0.04%
EVRG	C	0.04%
GLBE	C	0.03%
XP	F	0.03%
RVMD	B	0.03%
ITCI	D	0.03%
FOX	B	0.03%
SPSC	D	0.03%
WBA	F	0.03%
HSIC	D	0.03%
NICE	D	0.03%
WTFC	B	0.03%
ASND	C	0.03%
LCID	F	0.03%
PARA	F	0.03%
SOFI	C	0.03%
WIX	D	0.03%
FOXA	B	0.03%
ROKU	C	0.03%
FYBR	C	0.03%
OTEX	D	0.03%
DOX	B	0.03%
LKQ	F	0.03%
NCNO	F	0.02%
RUSHA	D	0.02%
JJSF	C	0.02%
PTEN	F	0.02%
ADMA	A	0.02%
CCOI	B	0.02%
IAC	C	0.02%
CALM	A	0.02%
CVCO	C	0.02%
TFSL	D	0.02%
NMIH	B	0.02%
MARA	F	0.02%
AEIS	B	0.02%
VOD	D	0.02%
RUN	D	0.02%
ACLX	C	0.02%
VCTR	A	0.02%
PCH	C	0.02%
SANM	D	0.02%
INTA	C	0.02%
IMVT	D	0.02%
QFIN	A	0.02%
CFLT	F	0.02%
CRNX	C	0.02%
PLXS	A	0.02%
RNA	B	0.02%
PRCT	D	0.02%
XRAY	D	0.02%
DNLI	C	0.02%
BGC	B	0.02%
ONB	D	0.02%
MDGL	F	0.02%
LITE	A	0.02%
KTOS	B	0.02%
TMDX	D	0.02%
LEGN	F	0.02%
BECN	D	0.02%
IPAR	D	0.02%
LYFT	D	0.02%
VLY	C	0.02%
AXSM	D	0.02%
FIZZ	F	0.02%
STEP	A	0.02%
HCP	A	0.02%
SITM	A	0.02%
SRCL	B	0.02%
ITRI	C	0.02%
KRYS	D	0.02%
CACC	F	0.02%
ASO	D	0.02%
PECO	C	0.02%
AUR	C	0.02%
STRL	B	0.02%
IESC	A	0.02%
BBIO	F	0.02%
SBRA	C	0.02%
SGRY	C	0.02%
GLNG	A	0.02%
BPMC	F	0.02%
VRRM	D	0.02%
RARE	D	0.02%
CRDO	B	0.02%
ALKS	B	0.02%
ICUI	B	0.02%
UBSI	D	0.02%
COOP	B	0.02%
TIGO	C	0.02%
RDNT	C	0.02%
BZ	C	0.02%
FELE	C	0.02%
UMBF	C	0.02%
CWST	D	0.02%
CHCI	B	0.02%
RKLB	B	0.02%
TENB	D	0.02%
BPOP	D	0.02%
ZION	D	0.02%
MMSI	C	0.02%
CORT	B	0.02%
ACIW	A	0.02%
NSIT	B	0.02%
QXO	F	0.02%
LI	C	0.02%
VRNS	B	0.02%
IONS	F	0.02%
AGNC	B	0.02%
NXST	D	0.02%
COLB	C	0.02%
PI	A	0.02%
ETSY	F	0.02%
TPG	A	0.02%
BCPC	C	0.02%
NUVL	B	0.02%
AAL	D	0.02%
FRPT	A	0.02%
CRVL	C	0.02%
RCM	B	0.02%
MMYT	B	0.02%
BOKF	B	0.02%
AVAV	B	0.02%
ACT	B	0.02%
IEP	F	0.02%
PEGA	B	0.02%
GTLB	D	0.02%
HTHT	B	0.02%
FRHC	A	0.02%
VKTX	C	0.02%
CSWI	A	0.02%
AMKR	F	0.02%
WSC	D	0.02%
REYN	D	0.02%
AMWD	C	0.01%
OABI	F	0.01%
IMNM	F	0.01%
TTGT	F	0.01%
PYCR	D	0.01%
SRCL	B	0.01%
GDEN	D	0.01%
SCHL	F	0.01%
FLYW	F	0.01%
BCBP	B	0.01%
SOUN	F	0.01%
ISTR	C	0.01%
JBSS	F	0.01%
FFIC	C	0.01%
EMBC	F	0.01%
CVAC	F	0.01%
ESTA	D	0.01%
WASH	C	0.01%
SVRA	F	0.01%
RIOT	F	0.01%
LQDA	F	0.01%
PLYA	D	0.01%
NEXT	F	0.01%
TRDA	B	0.01%
PHAT	C	0.01%
CNSL	A	0.01%
JACK	F	0.01%
TH	F	0.01%
MATW	F	0.01%
IMKTA	F	0.01%
BCYC	D	0.01%
IRON	C	0.01%
BASE	F	0.01%
GIII	C	0.01%
SAVA	D	0.01%
EYE	F	0.01%
TRS	D	0.01%
GMAB	F	0.01%
PLAY	D	0.01%
NNBR	C	0.01%
ASTL	C	0.01%
NNDM	C	0.01%
SDGR	F	0.01%
CNTA	B	0.01%
KELYA	D	0.01%
FLGT	F	0.01%
WOOF	B	0.01%
FWRG	F	0.01%
PFC	D	0.01%
BVS	B	0.01%
MNTK	D	0.01%
OPK	D	0.01%
IREN	C	0.01%
AVAH	D	0.01%
RLAY	F	0.01%
COMM	C	0.01%
ICHR	D	0.01%
CEVA	B	0.01%
PGNY	F	0.01%
CIFR	C	0.01%
ODP	F	0.01%
IBUY	A	0.01%
TVTX	A	0.01%
CBRL	D	0.01%
KRNT	A	0.01%
TREE	C	0.01%
VIR	F	0.01%
KALU	D	0.01%
MRVI	F	0.01%
DLO	D	0.01%
GSM	D	0.01%
VRNT	F	0.01%
MOMO	B	0.01%
ATSG	D	0.01%
SPRY	C	0.01%
BLMN	F	0.01%
COHU	F	0.01%
TARS	C	0.01%
HBNC	D	0.01%
ANAB	D	0.01%
INMD	F	0.01%
PCT	C	0.01%
IMCR	F	0.01%
VSEC	D	0.01%
CMCO	D	0.01%
THRM	F	0.01%
NSSC	F	0.01%
WULF	C	0.01%
HTLD	F	0.01%
IMTX	F	0.01%
AVO	C	0.01%
WABC	F	0.01%
CLOV	B	0.01%
LBRDA	C	0.01%
NVEE	F	0.01%
TRNS	D	0.01%
BLBD	D	0.01%
UDMY	F	0.01%
PDFS	F	0.01%
COLL	A	0.01%
FWRD	D	0.01%
TYRA	C	0.01%
LBPH	D	0.01%
DHC	C	0.01%
COGT	B	0.01%
CLSK	F	0.01%
RDFN	C	0.01%
HROW	B	0.01%
PEBO	F	0.01%
CDNA	B	0.01%
CNDT	B	0.01%
PFBC	D	0.01%
NVAX	C	0.01%
HTZ	F	0.01%
AMSF	B	0.01%
SABR	C	0.01%
ANIP	F	0.01%
RCKT	F	0.01%
TCBK	D	0.01%
SPT	F	0.01%
ULCC	C	0.01%
GDYN	B	0.01%
VMEO	C	0.01%
QNST	C	0.01%
APOG	B	0.01%
IQ	D	0.01%
ULH	B	0.01%
BCRX	D	0.01%
ECPG	F	0.01%
SCSC	D	0.01%
RDWR	B	0.01%
MRTN	F	0.01%
NFE	F	0.01%
MCRI	B	0.01%
MBUU	D	0.01%
SEDG	F	0.01%
CRAI	B	0.01%
DGII	B	0.01%
OCFC	C	0.01%
SCVL	D	0.01%
NVCR	F	0.01%
RNW	D	0.01%
DAWN	D	0.01%
GABC	D	0.01%
INBK	D	0.01%
CSGS	B	0.01%
NEO	F	0.01%
AUPH	C	0.01%
SAFT	D	0.01%
SVC	D	0.01%
PLAB	D	0.01%
CENTA	F	0.01%
WINA	C	0.01%
UNIT	B	0.01%
PSNY	D	0.01%
NAVI	D	0.01%
TLRY	F	0.01%
FTRE	F	0.01%
AOSL	D	0.01%
INFN	C	0.01%
ERII	C	0.01%
MNKD	B	0.01%
VITL	C	0.01%
UPBD	F	0.01%
LKFN	D	0.01%
INVA	B	0.01%
UCTT	D	0.01%
FIVN	F	0.01%
MSEX	C	0.01%
STAA	D	0.01%
KURA	F	0.01%
ENVX	D	0.01%
ARDX	D	0.01%
VRDN	B	0.01%
MYRG	D	0.01%
ANDE	D	0.01%
PRDO	D	0.01%
WVE	C	0.01%
DVAX	F	0.01%
VECO	F	0.01%
AXNX	A	0.01%
IAS	F	0.01%
CAKE	A	0.01%
SASR	B	0.01%
LILAK	D	0.01%
PDCO	F	0.01%
NWBI	D	0.01%
ZLAB	C	0.01%
AHCO	D	0.01%
JANX	C	0.01%
TTMI	D	0.01%
XNCR	D	0.01%
BUSE	D	0.01%
SIMO	D	0.01%
DCOM	B	0.01%
CENX	C	0.01%
MGNI	D	0.01%
WSBC	D	0.01%
RXST	F	0.01%
APPN	C	0.01%
PAGP	B	0.01%
DOOO	F	0.01%
DNUT	F	0.01%
AKRO	D	0.01%
HLIT	D	0.01%
ROIC	C	0.01%
ARVN	F	0.01%
PRVA	F	0.01%
IDCC	A	0.01%
SYBT	C	0.01%
TRUP	B	0.01%
VERA	C	0.01%
AY	C	0.01%
VRNA	B	0.01%
VBTX	C	0.01%
CHEF	C	0.01%
ATEX	D	0.01%
CNXN	C	0.01%
CASH	C	0.01%
SUPN	D	0.01%
HOPE	B	0.01%
BEAM	F	0.01%
EVCM	D	0.01%
OLPX	C	0.01%
CRTO	D	0.01%
FRME	D	0.01%
GGAL	B	0.01%
IRTC	F	0.01%
PLUG	D	0.01%
EXTR	D	0.01%
SNDX	F	0.01%
MLCO	C	0.01%
LAUR	C	0.01%
AMRK	C	0.01%
CHCO	D	0.01%
MLKN	F	0.01%
ALHC	C	0.01%
PINC	F	0.01%
TFIN	F	0.01%
XRX	D	0.01%
STRA	F	0.01%
OSW	B	0.01%
CLDX	F	0.01%
GTX	F	0.01%
TRMK	D	0.01%
SKWD	A	0.01%
SBCF	D	0.01%
PTVE	D	0.01%
VCEL	F	0.01%
LGND	C	0.01%
STBA	D	0.01%
EFSC	D	0.01%
WB	B	0.01%
ATAT	A	0.01%
RRR	D	0.01%
HPK	D	0.01%
TWST	D	0.01%
PTGX	C	0.01%
HEES	D	0.01%
CLBK	F	0.01%
WERN	D	0.01%
SPNS	B	0.01%
NTCT	C	0.01%
CPRX	C	0.01%
XPEL	D	0.01%
FFBC	D	0.01%
BANR	B	0.01%
MGPI	F	0.01%
RPD	D	0.01%
SBLK	C	0.01%
FBNC	B	0.01%
HURN	D	0.01%
HAIN	C	0.01%
CMPR	F	0.01%
YY	C	0.01%
ATRC	C	0.01%
INDB	D	0.01%
HRMY	D	0.01%
ROCK	D	0.01%
ASTE	F	0.01%
ARCB	F	0.01%
GDS	B	0.01%
MBIN	C	0.01%
NARI	F	0.01%
VCYT	C	0.01%
LMAT	A	0.01%
MYGN	D	0.01%
IDYA	F	0.01%
KYMR	D	0.01%
ADUS	D	0.01%
ALRM	F	0.01%
RBCAA	C	0.01%
LGIH	C	0.01%
EWTX	B	0.01%
MQ	F	0.01%
VIAV	C	0.01%
IOVA	D	0.01%
NBTB	D	0.01%
SWTX	F	0.01%
MIRM	D	0.01%
NMRK	C	0.01%
KLIC	D	0.01%
GT	F	0.01%
TNDM	D	0.01%
PLTK	C	0.01%
PPBI	D	0.01%
CVBF	B	0.01%
AMRX	B	0.01%
JAMF	F	0.01%
ACLS	F	0.01%
TXG	F	0.01%
ZD	D	0.01%
FROG	F	0.01%
DIOD	F	0.01%
FULT	D	0.01%
AGIO	D	0.01%
CARG	C	0.01%
FRSH	F	0.01%
GERN	D	0.01%
BRZE	F	0.01%
SMTC	C	0.01%
MGRC	D	0.01%
UFPT	D	0.01%
GSHD	B	0.01%
PSMT	A	0.01%
ACAD	F	0.01%
KROS	C	0.01%
ZG	C	0.01%
JBLU	B	0.01%
OMCL	C	0.01%
PLMR	A	0.01%
GH	F	0.01%
ERIC	C	0.01%
OSIS	C	0.01%
AMPH	C	0.01%
CGON	C	0.01%
PRFT	A	0.01%
TGTX	D	0.01%
HTLF	B	0.01%
FLNC	C	0.01%
TOWN	C	0.01%
NWE	C	0.01%
IBTX	B	0.01%
MRCY	B	0.01%
BL	D	0.01%
SKYW	B	0.01%
IOSP	F	0.01%
UPST	C	0.01%
DRVN	C	0.01%
GOGL	C	0.01%
SNEX	B	0.01%
EBC	B	0.01%
VERX	B	0.01%
FHB	D	0.01%
DYN	D	0.01%
PLUS	B	0.01%
USLM	C	0.01%
PENN	D	0.01%
APLS	F	0.01%
NPAB	D	0.01%
HUBG	D	0.01%
PTCT	C	0.01%
BHF	D	0.01%
MRUS	D	0.01%
TRMD	D	0.01%
STNE	F	0.01%
PRGS	A	0.01%
CATY	B	0.01%
EXPI	C	0.01%
RYTM	C	0.01%
FIBK	C	0.01%
PAYO	A	0.01%
AGYS	D	0.01%
FORM	D	0.01%
SFNC	B	0.01%
OTTR	F	0.01%
CNXC	F	0.01%
FTDR	B	0.01%
WSFS	D	0.01%
VICR	C	0.01%
WAFD	D	0.01%
AMBA	C	0.01%
ASTH	B	0.01%
ESGR	C	0.01%
VIRT	B	0.01%
ACVA	C	0.01%
URBN	F	0.01%
LFST	C	0.01%
HWKN	B	0.01%
AVT	B	0.01%
SATS	C	0.01%
DORM	C	0.01%
FA	A	0.01%
POWL	B	0.01%
NEOG	F	0.01%
XENE	D	0.01%
MGEE	C	0.01%
SMPL	D	0.01%
ROAD	C	0.01%
TBBK	A	0.01%
WDFC	B	0.01%
FOLD	F	0.01%
ICFI	C	0.01%
CLBT	B	0.01%
BANF	D	0.01%
BILI	B	0.01%
NWL	D	0.01%
SHOO	A	0.01%
PATK	A	0.01%
ARLP	A	0.01%
ALKT	D	0.01%
NWS	D	0.01%
CRSP	F	0.01%
TCBI	B	0.01%

ONEQ Underweight 300 Positions Relative to IUSG

Symbol	Grade	Weight
LLY	D	-2.42%
V	B	-1.06%
MA	A	-1.02%
ORCL	A	-0.93%
CRM	B	-0.91%
UNH	B	-0.71%
NOW	B	-0.62%
PG	D	-0.55%
UBER	C	-0.54%
HD	A	-0.52%
ABBV	C	-0.45%
ACN	B	-0.41%
MRK	F	-0.4%
KO	C	-0.38%
CAT	A	-0.38%
AXP	A	-0.37%
ANET	A	-0.34%
MCD	A	-0.33%
TMO	D	-0.31%
TJX	D	-0.3%
GE	B	-0.3%
COP	D	-0.3%
KKR	A	-0.3%
TDG	A	-0.28%
ETN	B	-0.28%
SYK	C	-0.27%
CMG	C	-0.27%
BX	C	-0.27%
PLTR	A	-0.26%
PGR	B	-0.26%
SPGI	C	-0.25%
BSX	A	-0.24%
PM	D	-0.24%
UNP	F	-0.23%
PH	A	-0.22%
TT	A	-0.21%
DE	C	-0.21%
DHI	C	-0.2%
HLT	A	-0.2%
MMC	D	-0.2%
URI	C	-0.19%
FI	A	-0.19%
ZTS	C	-0.17%
NKE	D	-0.16%
FICO	C	-0.16%
EOG	B	-0.16%
VST	A	-0.15%
APH	D	-0.15%
MSI	A	-0.15%
SHW	C	-0.15%
AMT	D	-0.15%
BA	F	-0.14%
RCL	B	-0.14%
HCA	C	-0.13%
FCX	B	-0.13%
AZO	D	-0.13%
HES	D	-0.13%
AON	A	-0.13%
IT	A	-0.13%
OKE	A	-0.12%
GWW	B	-0.12%
MCO	D	-0.12%
WM	B	-0.12%
IR	A	-0.11%
NVR	C	-0.11%
MPC	D	-0.11%
CARR	A	-0.11%
AJG	C	-0.11%
ITW	C	-0.11%
CL	D	-0.11%
ECL	C	-0.11%
TRGP	A	-0.11%
PWR	A	-0.1%
PHM	C	-0.1%
GEV	A	-0.1%
TYL	D	-0.09%
AMP	A	-0.09%
LEN	C	-0.09%
MSCI	B	-0.09%
FTV	C	-0.09%
MLM	F	-0.08%
GDDY	B	-0.08%
WST	D	-0.08%
CPAY	A	-0.08%
WMB	A	-0.08%
BLDR	C	-0.08%
NUE	D	-0.08%
RSG	D	-0.08%
DECK	B	-0.08%
PSA	C	-0.08%
HWM	A	-0.08%
AME	C	-0.07%
LII	C	-0.07%
SPG	A	-0.07%
BRO	A	-0.07%
WSM	C	-0.07%
EME	B	-0.07%
DLR	C	-0.07%
SMCI	F	-0.07%
CSL	A	-0.07%
VMC	D	-0.07%
TOL	C	-0.06%
RS	D	-0.06%
OTIS	A	-0.06%
WSO	C	-0.06%
DELL	C	-0.06%
LYV	A	-0.06%
TEL	D	-0.06%
IRM	B	-0.06%
DAL	C	-0.06%
YUM	C	-0.06%
DFS	A	-0.06%
FND	C	-0.05%
STE	D	-0.05%
FIX	A	-0.05%
EFX	D	-0.05%
CBOE	B	-0.05%
GRMN	D	-0.05%
BR	B	-0.05%
ROK	D	-0.05%
EW	F	-0.05%
GGG	C	-0.05%
CE	D	-0.05%
PSTG	F	-0.05%
IQV	F	-0.05%
OC	C	-0.05%
DT	B	-0.05%
DRI	C	-0.04%
BWXT	A	-0.04%
KNSL	B	-0.04%
HUBB	A	-0.04%
OVV	D	-0.04%
HSY	D	-0.04%
WMS	D	-0.04%
PNR	C	-0.04%
LVS	B	-0.04%
TPL	A	-0.04%
NVT	C	-0.04%
CTRA	D	-0.04%
MOH	F	-0.04%
CHD	D	-0.04%
MTD	C	-0.04%
ITT	C	-0.04%
BLD	D	-0.04%
CLH	B	-0.04%
CCL	C	-0.04%
JBL	C	-0.03%
AVTR	D	-0.03%
CR	A	-0.03%
TREX	D	-0.03%
PEN	D	-0.03%
RRC	D	-0.03%
AXTA	C	-0.03%
RNR	A	-0.03%
SSD	B	-0.03%
WAT	B	-0.03%
FCN	C	-0.03%
MRO	B	-0.03%
RPM	A	-0.03%
CW	A	-0.03%
FDS	C	-0.03%
FN	B	-0.03%
HLI	A	-0.03%
CF	A	-0.03%
AIT	B	-0.03%
ELS	D	-0.03%
WEX	C	-0.03%
NCLH	C	-0.03%
PR	D	-0.03%
SKX	B	-0.03%
RBC	C	-0.03%
PRI	A	-0.03%
HRB	C	-0.03%
NYT	C	-0.03%
COO	C	-0.03%
MUSA	D	-0.03%
TPX	C	-0.03%
EXP	C	-0.03%
BURL	C	-0.03%
MAS	C	-0.03%
ONTO	B	-0.03%
LPX	C	-0.02%
FCFS	F	-0.02%
TTC	F	-0.02%
BRBR	A	-0.02%
EHC	C	-0.02%
BYD	B	-0.02%
AYI	A	-0.02%
EPAM	F	-0.02%
CIVI	F	-0.02%
WAL	C	-0.02%
WTRG	D	-0.02%
WLK	C	-0.02%
CNM	F	-0.02%
CNX	A	-0.02%
DTM	A	-0.02%
ALLE	A	-0.02%
BCO	C	-0.02%
GTLS	D	-0.02%
DCI	B	-0.02%
CCK	C	-0.02%
VNT	F	-0.02%
DAY	C	-0.02%
EGP	D	-0.02%
CHE	D	-0.02%
NXT	F	-0.02%
VVV	D	-0.02%
WTS	C	-0.02%
SCI	D	-0.02%
GNRC	B	-0.02%
MTDR	D	-0.02%
XPO	F	-0.02%
ELF	F	-0.02%
LW	D	-0.02%
ESAB	C	-0.02%
MGM	D	-0.02%
DPZ	D	-0.02%
EVR	C	-0.02%
DKS	D	-0.02%
ROL	C	-0.02%
ATR	A	-0.02%
ACM	A	-0.02%
CUBE	C	-0.02%
AOS	C	-0.02%
H	B	-0.02%
EXPD	D	-0.02%
MSA	F	-0.02%
PLNT	B	-0.02%
SNA	C	-0.02%
ANF	D	-0.02%
RYAN	A	-0.02%
AMH	D	-0.02%
NSP	F	-0.01%
NSA	D	-0.01%
RYN	C	-0.01%
GATX	F	-0.01%
ENS	B	-0.01%
ALTM	D	-0.01%
MSM	D	-0.01%
TEX	F	-0.01%
IDA	D	-0.01%
RH	C	-0.01%
TKR	B	-0.01%
EQH	B	-0.01%
MUR	F	-0.01%
EPR	C	-0.01%
YETI	C	-0.01%
TNL	B	-0.01%
CPRI	C	-0.01%
MTG	A	-0.01%
OLN	D	-0.01%
HAE	F	-0.01%
HXL	F	-0.01%
DOCS	A	-0.01%
DLB	D	-0.01%
TDC	D	-0.01%
CFR	B	-0.01%
VNOM	A	-0.01%
PK	D	-0.01%
KBH	D	-0.01%
AZPN	A	-0.01%
VOYA	A	-0.01%
AM	A	-0.01%
KEX	C	-0.01%
FLS	A	-0.01%
COTY	F	-0.01%
TKO	A	-0.01%
INGR	B	-0.01%
BC	C	-0.01%
NNN	C	-0.01%
CIEN	A	-0.01%
FR	D	-0.01%
PSN	A	-0.01%
VAL	F	-0.01%
STAG	D	-0.01%
PAYC	D	-0.01%
KNF	B	-0.01%
BRX	C	-0.01%
GXO	D	-0.01%
ALV	F	-0.01%
WH	C	-0.01%
OHI	C	-0.01%
DVA	C	-0.01%
REXR	D	-0.01%
KBR	A	-0.01%
MTN	D	-0.01%
RLI	A	-0.01%
MMS	C	-0.01%
CBT	B	-0.01%
NEU	F	-0.01%
CACI	A	-0.01%
FBIN	C	-0.01%
RL	B	-0.01%
IPGP	D	-0.0%
ZI	F	-0.0%
SAM	D	-0.0%
CHH	A	-0.0%
HGV	F	-0.0%
CDP	A	-0.0%
SMG	C	-0.0%