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

$75.32

Average Daily Volume

237,550

Number of Holdings ^*

840

* 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

$138.10

Average Daily Volume

432,463

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	IUSG
30 Days	4.32%	3.60%
60 Days	8.11%	7.57%
90 Days	8.44%	8.53%
12 Months	36.18%	39.98%

186 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in IUSG	Overlap
AAON	B	0.03%	0.03%	0.03%
AAPL	C	11.09%	11.2%	11.09%
ABNB	C	0.21%	0.1%	0.1%
ACGL	C	0.12%	0.12%	0.12%
ACHC	F	0.01%	0.01%	0.01%
ADBE	C	0.71%	0.71%	0.71%
ADI	D	0.36%	0.21%	0.21%
ADP	A	0.4%	0.16%	0.16%
ADSK	B	0.21%	0.11%	0.11%
AKAM	F	0.05%	0.02%	0.02%
ALGM	F	0.02%	0.0%	0.0%
ALGN	D	0.05%	0.03%	0.03%
ALTR	C	0.02%	0.02%	0.02%
AMAT	F	0.51%	0.52%	0.51%
AMD	F	0.78%	0.78%	0.78%
AMED	F	0.01%	0.0%	0.0%
AMZN	A	7.09%	6.31%	6.31%
ANSS	B	0.1%	0.05%	0.05%
APA	F	0.03%	0.03%	0.03%
APPF	B	0.02%	0.02%	0.02%
ARWR	C	0.01%	0.01%	0.01%
AVGO	C	2.73%	2.77%	2.73%
AXON	B	0.11%	0.14%	0.11%
AZTA	F	0.01%	0.0%	0.0%
BKNG	A	0.52%	0.54%	0.52%
BLKB	C	0.02%	0.01%	0.01%
BMRN	F	0.04%	0.02%	0.02%
BRKR	F	0.03%	0.01%	0.01%
CAR	C	0.01%	0.01%	0.01%
CASY	B	0.05%	0.05%	0.05%
CBSH	A	0.03%	0.01%	0.01%
CDNS	B	0.26%	0.27%	0.26%
CDW	F	0.08%	0.04%	0.04%
CEG	D	0.24%	0.11%	0.11%
CELH	F	0.02%	0.01%	0.01%
CG	B	0.06%	0.02%	0.02%
CGNX	C	0.02%	0.01%	0.01%
CHDN	B	0.03%	0.03%	0.03%
CHRD	D	0.03%	0.03%	0.03%
CHTR	B	0.18%	0.06%	0.06%
CHX	C	0.02%	0.01%	0.01%
CME	B	0.26%	0.09%	0.09%
COKE	C	0.03%	0.02%	0.02%
COLM	B	0.02%	0.0%	0.0%
COST	B	1.29%	0.57%	0.57%
CPRT	A	0.17%	0.16%	0.16%
CROX	F	0.02%	0.02%	0.02%
CRUS	F	0.02%	0.01%	0.01%
CRWD	B	0.24%	0.25%	0.24%
CSGP	F	0.1%	0.04%	0.04%
CSX	B	0.21%	0.11%	0.11%
CTAS	B	0.27%	0.14%	0.14%
CVLT	B	0.03%	0.01%	0.01%
CYTK	C	0.02%	0.01%	0.01%
CZR	F	0.03%	0.02%	0.02%
DBX	B	0.02%	0.02%	0.02%
DUOL	A	0.04%	0.04%	0.04%
DXCM	C	0.09%	0.06%	0.06%
EA	A	0.13%	0.05%	0.05%
EEFT	C	0.02%	0.01%	0.01%
ENPH	F	0.03%	0.01%	0.01%
ENSG	C	0.02%	0.03%	0.02%
EQIX	B	0.27%	0.13%	0.13%
ERIE	F	0.07%	0.02%	0.02%
EWBC	B	0.04%	0.02%	0.02%
EXEL	B	0.04%	0.03%	0.03%
EXLS	B	0.02%	0.01%	0.01%
EXPE	B	0.07%	0.07%	0.07%
EXPO	D	0.02%	0.01%	0.01%
FANG	C	0.17%	0.11%	0.11%
FAST	B	0.16%	0.08%	0.08%
FFIN	B	0.02%	0.01%	0.01%
FIVE	F	0.02%	0.02%	0.02%
FTNT	B	0.21%	0.19%	0.19%
GLPI	D	0.04%	0.02%	0.02%
GNTX	C	0.02%	0.01%	0.01%
GOOG	C	3.27%	2.8%	2.8%
GOOGL	C	3.4%	3.39%	3.39%
HALO	C	0.02%	0.03%	0.02%
HLNE	B	0.03%	0.03%	0.03%
HQY	B	0.03%	0.01%	0.01%
HST	D	0.04%	0.02%	0.02%
HWC	B	0.02%	0.01%	0.01%
IBKR	A	0.06%	0.04%	0.04%
IBOC	B	0.02%	0.01%	0.01%
IDXX	F	0.11%	0.06%	0.06%
INTU	A	0.6%	0.62%	0.6%
IRDM	B	0.01%	0.01%	0.01%
ISRG	A	0.59%	0.41%	0.41%
JAZZ	B	0.02%	0.01%	0.01%
KLAC	F	0.29%	0.3%	0.29%
LAMR	D	0.03%	0.02%	0.02%
LANC	C	0.02%	0.01%	0.01%
LECO	C	0.04%	0.04%	0.04%
LFUS	D	0.02%	0.01%	0.01%
LIN	D	0.7%	0.37%	0.37%
LIVN	C	0.01%	0.0%	0.0%
LNTH	F	0.02%	0.02%	0.02%
LNW	F	0.03%	0.03%	0.03%
LOPE	B	0.02%	0.02%	0.02%
LRCX	F	0.33%	0.33%	0.33%
LSCC	D	0.03%	0.02%	0.02%
LSTR	B	0.02%	0.01%	0.01%
LULU	B	0.12%	0.12%	0.12%
MANH	C	0.06%	0.06%	0.06%
MAR	A	0.24%	0.21%	0.21%
MASI	B	0.03%	0.01%	0.01%
MAT	C	0.02%	0.01%	0.01%
MCHP	F	0.13%	0.08%	0.08%
MDLZ	F	0.28%	0.12%	0.12%
MEDP	D	0.03%	0.03%	0.03%
META	B	4.14%	4.18%	4.14%
MIDD	D	0.02%	0.01%	0.01%
MKSI	C	0.03%	0.01%	0.01%
MNST	B	0.18%	0.07%	0.07%
MORN	B	0.05%	0.03%	0.03%
MPWR	F	0.12%	0.12%	0.12%
MSFT	C	10.16%	10.19%	10.16%
MTSI	B	0.04%	0.02%	0.02%
NBIX	C	0.04%	0.04%	0.04%
NFLX	A	1.09%	1.11%	1.09%
NOVT	C	0.02%	0.01%	0.01%
NTAP	D	0.08%	0.03%	0.03%
NVDA	A	11.7%	11.79%	11.7%
NXPI	F	0.19%	0.15%	0.15%
ODFL	B	0.15%	0.14%	0.14%
OLED	F	0.03%	0.03%	0.03%
OLLI	C	0.02%	0.02%	0.02%
ON	F	0.1%	0.04%	0.04%
OPCH	F	0.01%	0.01%	0.01%
ORLY	A	0.23%	0.17%	0.17%
OZK	B	0.01%	0.01%	0.01%
PANW	B	0.4%	0.41%	0.4%
PAYX	B	0.17%	0.06%	0.06%
PCAR	B	0.19%	0.14%	0.14%
PCTY	B	0.04%	0.03%	0.03%
PEP	D	0.71%	0.27%	0.27%
PNFP	B	0.03%	0.01%	0.01%
PODD	B	0.06%	0.02%	0.02%
POOL	D	0.04%	0.03%	0.03%
POWI	D	0.01%	0.01%	0.01%
PTC	B	0.07%	0.05%	0.05%
QCOM	F	0.62%	0.32%	0.32%
QLYS	B	0.02%	0.02%	0.02%
REGN	F	0.28%	0.17%	0.17%
RGEN	C	0.03%	0.02%	0.02%
RGLD	C	0.04%	0.02%	0.02%
RMBS	C	0.02%	0.02%	0.02%
ROIV	D	0.03%	0.01%	0.01%
ROP	A	0.19%	0.08%	0.08%
ROST	D	0.15%	0.15%	0.15%
SAIA	B	0.05%	0.05%	0.05%
SAIC	D	0.03%	0.01%	0.01%
SBAC	D	0.08%	0.03%	0.03%
SBUX	B	0.35%	0.21%	0.21%
SEIC	A	0.04%	0.01%	0.01%
SFM	B	0.05%	0.02%	0.02%
SHC	D	0.02%	0.01%	0.01%
SIGI	B	0.02%	0.01%	0.01%
SLAB	F	0.01%	0.01%	0.01%
SLM	A	0.02%	0.01%	0.01%
SMCI	F	0.05%	0.04%	0.04%
SNPS	C	0.28%	0.28%	0.28%
SRPT	F	0.04%	0.03%	0.03%
STLD	C	0.07%	0.04%	0.04%
STX	D	0.07%	0.03%	0.03%
SYNA	C	0.01%	0.0%	0.0%
TSCO	D	0.1%	0.04%	0.04%
TSLA	B	3.05%	2.89%	2.89%
TTEK	F	0.04%	0.04%	0.04%
TTWO	A	0.1%	0.05%	0.05%
TXN	B	0.62%	0.24%	0.24%
TXRH	A	0.04%	0.04%	0.04%
UFPI	B	0.02%	0.03%	0.02%
ULTA	C	0.06%	0.04%	0.04%
UTHR	B	0.06%	0.03%	0.03%
VC	F	0.01%	0.0%	0.0%
VRSK	A	0.13%	0.07%	0.07%
VRSN	C	0.06%	0.02%	0.02%
VRTX	B	0.41%	0.28%	0.28%
WEN	C	0.01%	0.01%	0.01%
WFRD	F	0.02%	0.02%	0.02%
WING	D	0.03%	0.03%	0.03%
WMG	B	0.02%	0.01%	0.01%
WWD	B	0.03%	0.03%	0.03%
WYNN	C	0.03%	0.03%	0.03%

ONEQ Overweight 654 Positions Relative to IUSG

Symbol	Grade	Weight
TMUS	A	0.85%
CSCO	A	0.75%
AMGN	F	0.55%
CMCSA	B	0.54%
HON	B	0.45%
MU	D	0.4%
GILD	B	0.38%
INTC	C	0.36%
MELI	D	0.29%
PDD	F	0.27%
MRVL	B	0.26%
PYPL	A	0.26%
APP	B	0.23%
DASH	A	0.21%
ASML	D	0.2%
TTD	B	0.19%
WDAY	B	0.18%
COIN	B	0.17%
AEP	D	0.16%
MSTR	B	0.15%
BKR	B	0.14%
KDP	C	0.14%
NDAQ	B	0.14%
KHC	F	0.13%
DDOG	B	0.13%
GEHC	D	0.13%
CTSH	A	0.13%
AZN	F	0.12%
EXC	C	0.12%
TEAM	B	0.12%
XEL	A	0.12%
CCEP	C	0.11%
ALNY	D	0.11%
EBAY	C	0.1%
WTW	A	0.1%
TCOM	C	0.09%
UAL	A	0.09%
FITB	A	0.09%
ZS	B	0.09%
FCNCA	B	0.09%
WBD	B	0.08%
LPLA	A	0.08%
HBAN	A	0.08%
GFS	C	0.08%
TROW	A	0.08%
BIIB	F	0.08%
ILMN	C	0.08%
JD	C	0.07%
ZBRA	B	0.07%
ZM	B	0.07%
FSLR	F	0.07%
NTRS	A	0.07%
CINF	A	0.07%
MDB	C	0.07%
HOOD	B	0.07%
WDC	D	0.07%
SSNC	C	0.06%
NTNX	B	0.06%
TRMB	B	0.06%
GEN	B	0.06%
ICLR	F	0.06%
JBHT	C	0.06%
DKNG	B	0.06%
PFG	C	0.06%
ARM	D	0.06%
ARGX	B	0.06%
CHKP	C	0.06%
MRNA	F	0.06%
TER	F	0.06%
NDSN	B	0.05%
DOCU	B	0.05%
SMMT	D	0.05%
BSY	F	0.05%
MNDY	C	0.05%
VTRS	B	0.05%
SNY	F	0.05%
INCY	B	0.05%
NTRA	B	0.05%
ENTG	F	0.05%
TW	B	0.05%
FLEX	B	0.05%
GRAB	A	0.05%
HOLX	D	0.05%
MKTX	C	0.04%
BNTX	D	0.04%
PCVX	D	0.04%
NWSA	B	0.04%
FUTU	C	0.04%
RPRX	F	0.04%
CHRW	A	0.04%
PAA	C	0.04%
JKHY	C	0.04%
TECH	D	0.04%
CYBR	B	0.04%
FFIV	B	0.04%
Z	B	0.04%
LOGI	F	0.04%
LBRDK	C	0.04%
EVRG	A	0.04%
OKTA	C	0.04%
REG	A	0.04%
AFRM	B	0.04%
DLTR	F	0.04%
PPC	C	0.04%
CPB	F	0.04%
BIDU	F	0.04%
SOFI	B	0.04%
LNT	C	0.04%
SWKS	F	0.04%
VKTX	F	0.03%
HSIC	F	0.03%
GLBE	B	0.03%
FRHC	A	0.03%
CSWI	B	0.03%
AAL	B	0.03%
MDGL	C	0.03%
PEGA	B	0.03%
FOX	A	0.03%
GTLB	B	0.03%
CRDO	C	0.03%
RKLB	B	0.03%
OTEX	F	0.03%
MTCH	F	0.03%
SIRI	C	0.03%
ROKU	C	0.03%
FYBR	D	0.03%
NICE	C	0.03%
LKQ	C	0.03%
PARA	B	0.03%
HAS	D	0.03%
ITCI	B	0.03%
FOXA	A	0.03%
WIX	B	0.03%
DOX	C	0.03%
EXAS	F	0.03%
WTFC	B	0.03%
BGNE	D	0.03%
RVMD	C	0.03%
INSM	C	0.03%
NTES	C	0.03%
RIVN	F	0.03%
CVCO	B	0.02%
XENE	C	0.02%
IAC	F	0.02%
KTOS	B	0.02%
CATY	B	0.02%
BZ	F	0.02%
VERX	B	0.02%
ASO	F	0.02%
IPAR	B	0.02%
RYTM	C	0.02%
SKYW	B	0.02%
FTDR	B	0.02%
NWS	B	0.02%
DORM	B	0.02%
CLBT	C	0.02%
RARE	F	0.02%
CRSP	D	0.02%
SGRY	F	0.02%
IMVT	D	0.02%
NSIT	F	0.02%
TFSL	A	0.02%
BANF	B	0.02%
WBA	D	0.02%
DNLI	C	0.02%
CCOI	C	0.02%
AXSM	B	0.02%
FRSH	B	0.02%
QFIN	C	0.02%
TCBI	B	0.02%
AUR	D	0.02%
NWL	B	0.02%
ALKT	C	0.02%
AEIS	B	0.02%
CALM	B	0.02%
RUSHA	B	0.02%
KRYS	C	0.02%
FIZZ	C	0.02%
DJT	C	0.02%
UPST	B	0.02%
CACC	D	0.02%
PECO	B	0.02%
CHCI	D	0.02%
GLNG	C	0.02%
VCTR	C	0.02%
POWL	C	0.02%
USLM	B	0.02%
TIGO	D	0.02%
ICUI	D	0.02%
BBIO	F	0.02%
SBRA	C	0.02%
PAYO	B	0.02%
ALKS	C	0.02%
CRNX	B	0.02%
IEP	F	0.02%
PI	D	0.02%
LI	F	0.02%
VICR	C	0.02%
ROAD	B	0.02%
ACLX	C	0.02%
STEP	B	0.02%
BGC	C	0.02%
RDNT	B	0.02%
INTA	B	0.02%
VLY	B	0.02%
ONB	B	0.02%
SANM	C	0.02%
MARA	B	0.02%
PLXS	C	0.02%
NCNO	B	0.02%
LITE	B	0.02%
FELE	B	0.02%
AGNC	C	0.02%
BPOP	C	0.02%
BECN	B	0.02%
COOP	B	0.02%
BPMC	C	0.02%
NUVL	D	0.02%
ITRI	B	0.02%
TENB	C	0.02%
VRNS	C	0.02%
PRCT	C	0.02%
CWST	B	0.02%
IONS	F	0.02%
ACT	C	0.02%
REYN	D	0.02%
MMSI	B	0.02%
UBSI	B	0.02%
STRL	B	0.02%
LCID	F	0.02%
QXO	D	0.02%
ETSY	D	0.02%
BCPC	B	0.02%
HTHT	C	0.02%
RCM	B	0.02%
AMKR	F	0.02%
UMBF	B	0.02%
SITM	B	0.02%
CFLT	B	0.02%
CORT	B	0.02%
LYFT	B	0.02%
IESC	B	0.02%
ACIW	B	0.02%
AVAV	C	0.02%
CRVL	B	0.02%
NXST	C	0.02%
ASND	F	0.02%
TPG	B	0.02%
FRPT	B	0.02%
QRVO	F	0.02%
XP	F	0.02%
ZION	B	0.02%
WSC	F	0.02%
BOKF	B	0.02%
MMYT	C	0.02%
SPSC	F	0.02%
COLB	A	0.02%
NVAX	F	0.01%
NNDM	F	0.01%
AMWD	B	0.01%
CNTA	B	0.01%
SVC	F	0.01%
GMAB	F	0.01%
SVRA	F	0.01%
CDNA	D	0.01%
OABI	D	0.01%
KRUS	C	0.01%
CNSL	C	0.01%
EBTC	B	0.01%
IMTX	F	0.01%
GSM	F	0.01%
RLAY	F	0.01%
BVS	C	0.01%
BCBP	B	0.01%
ODP	F	0.01%
IMKTA	B	0.01%
PSNY	F	0.01%
LQDA	D	0.01%
OPK	B	0.01%
GIII	C	0.01%
JACK	C	0.01%
EMBC	C	0.01%
BMBL	C	0.01%
NRIX	B	0.01%
MGPI	F	0.01%
MOMO	C	0.01%
MATW	C	0.01%
WOOF	D	0.01%
FLYW	B	0.01%
PHAT	F	0.01%
COLL	F	0.01%
FLGT	F	0.01%
SDGR	C	0.01%
BCYC	F	0.01%
AOSL	D	0.01%
TRS	D	0.01%
EYE	C	0.01%
BLBD	F	0.01%
IQ	F	0.01%
TRNS	D	0.01%
TTGT	C	0.01%
MRVI	F	0.01%
PGNY	F	0.01%
TH	C	0.01%
PYCR	B	0.01%
OLPX	D	0.01%
VRNT	D	0.01%
ESTA	D	0.01%
ISTR	B	0.01%
RDFN	D	0.01%
COGT	D	0.01%
FFIC	B	0.01%
MNTK	D	0.01%
TRDA	B	0.01%
NSSC	F	0.01%
CBRL	C	0.01%
AMRK	F	0.01%
PLUG	D	0.01%
BLMN	F	0.01%
THRM	F	0.01%
DLO	C	0.01%
WASH	B	0.01%
BASE	C	0.01%
IRON	C	0.01%
HAFC	B	0.01%
HTZ	C	0.01%
HTLD	B	0.01%
AVAH	B	0.01%
PLAY	C	0.01%
ICHR	C	0.01%
ASTL	C	0.01%
PLYA	B	0.01%
MYGN	F	0.01%
CMCO	C	0.01%
VITL	F	0.01%
SCVL	D	0.01%
SABR	B	0.01%
RNW	F	0.01%
PFC	B	0.01%
ANIP	C	0.01%
CLOV	C	0.01%
STAA	F	0.01%
SPRY	C	0.01%
AVO	B	0.01%
LILAK	F	0.01%
IMCR	C	0.01%
KALU	C	0.01%
PDFS	C	0.01%
RCKT	F	0.01%
FTRE	D	0.01%
CNDT	B	0.01%
DOOO	F	0.01%
TLRY	F	0.01%
FWRD	C	0.01%
IBUY	B	0.01%
CEVA	B	0.01%
COHU	C	0.01%
NVEE	F	0.01%
RDWR	B	0.01%
HLIT	D	0.01%
KRNT	B	0.01%
SPT	C	0.01%
VECO	F	0.01%
KURA	F	0.01%
AHCO	F	0.01%
ARDX	F	0.01%
CLDX	F	0.01%
HBNC	A	0.01%
TVTX	B	0.01%
MRTN	C	0.01%
BCRX	D	0.01%
HROW	C	0.01%
INFN	D	0.01%
WABC	B	0.01%
NAVI	D	0.01%
SOUN	B	0.01%
CENTA	C	0.01%
FWRG	C	0.01%
MCRI	A	0.01%
ANDE	D	0.01%
MLCO	F	0.01%
ECPG	C	0.01%
SAFT	B	0.01%
CRTO	D	0.01%
PEBO	A	0.01%
NEXT	B	0.01%
SCSC	B	0.01%
INMD	B	0.01%
VIR	C	0.01%
SIMO	D	0.01%
XRX	F	0.01%
PFBC	B	0.01%
LBRDA	C	0.01%
WB	F	0.01%
ATEX	F	0.01%
UDMY	C	0.01%
AMSF	B	0.01%
GLUE	C	0.01%
INVA	C	0.01%
UNIT	C	0.01%
UCTT	F	0.01%
TCBK	B	0.01%
HAIN	F	0.01%
PLAB	C	0.01%
TXG	F	0.01%
AXNX	A	0.01%
MQ	F	0.01%
WINA	B	0.01%
CRAI	C	0.01%
IREN	C	0.01%
SBLK	D	0.01%
ENVX	F	0.01%
OCFC	B	0.01%
DAWN	D	0.01%
PDCO	F	0.01%
MSEX	C	0.01%
VRDN	C	0.01%
MBUU	C	0.01%
LBPH	A	0.01%
DGII	B	0.01%
QNST	C	0.01%
NEO	B	0.01%
AUPH	B	0.01%
UPBD	B	0.01%
PAGP	C	0.01%
ULH	B	0.01%
INBK	B	0.01%
DVAX	B	0.01%
CSGS	B	0.01%
TNDM	F	0.01%
ULCC	B	0.01%
AY	A	0.01%
APOG	B	0.01%
VSEC	B	0.01%
BUSE	B	0.01%
CNXN	C	0.01%
ATSG	A	0.01%
NVCR	D	0.01%
GABC	A	0.01%
GTX	D	0.01%
LKFN	B	0.01%
MLKN	D	0.01%
FA	D	0.01%
HRMY	D	0.01%
CHEF	B	0.01%
PCT	C	0.01%
ERII	B	0.01%
GDYN	C	0.01%
RXST	F	0.01%
HPK	D	0.01%
RIOT	C	0.01%
TARS	C	0.01%
MNKD	C	0.01%
MGNI	A	0.01%
PRDO	B	0.01%
YY	C	0.01%
ACLS	F	0.01%
NWBI	B	0.01%
TMDX	F	0.01%
MBIN	D	0.01%
ROIC	A	0.01%
CAKE	B	0.01%
PTVE	C	0.01%
DYN	D	0.01%
FIVN	C	0.01%
DNUT	D	0.01%
STBA	B	0.01%
ARVN	D	0.01%
CMPR	C	0.01%
TRMD	F	0.01%
LGIH	F	0.01%
ATAT	C	0.01%
RRR	F	0.01%
IAS	D	0.01%
SNDX	D	0.01%
HOPE	B	0.01%
XPEL	B	0.01%
BEAM	C	0.01%
XNCR	B	0.01%
STRA	C	0.01%
TWST	F	0.01%
VERA	B	0.01%
SUPN	C	0.01%
IDYA	F	0.01%
NTCT	B	0.01%
RUN	F	0.01%
VMEO	B	0.01%
VBTX	B	0.01%
CHCO	B	0.01%
SASR	A	0.01%
DCOM	B	0.01%
PTGX	D	0.01%
JANX	C	0.01%
WERN	B	0.01%
EXTR	C	0.01%
ROCK	C	0.01%
WSBC	B	0.01%
TRUP	B	0.01%
JBLU	C	0.01%
NNBR	C	0.01%
ADUS	D	0.01%
ZLAB	C	0.01%
EVCM	C	0.01%
AKRO	C	0.01%
RPD	C	0.01%
SYBT	B	0.01%
LAUR	B	0.01%
SPNS	F	0.01%
NMRK	B	0.01%
SBCF	B	0.01%
CLBK	B	0.01%
FRME	B	0.01%
XRAY	F	0.01%
CASH	B	0.01%
CLSK	C	0.01%
GOGL	C	0.01%
AMRX	B	0.01%
APPN	C	0.01%
OSW	B	0.01%
SKWD	A	0.01%
GERN	F	0.01%
IDCC	B	0.01%
PINC	B	0.01%
GDS	C	0.01%
MIRM	B	0.01%
ARCB	C	0.01%
SWTX	C	0.01%
FBNC	B	0.01%
EFSC	B	0.01%
KYMR	C	0.01%
NPAB	F	0.01%
DIOD	F	0.01%
ALRM	C	0.01%
NWE	C	0.01%
FLNC	C	0.01%
CNXC	F	0.01%
AMPH	C	0.01%
CPRX	C	0.01%
PRVA	B	0.01%
IRTC	C	0.01%
JAMF	F	0.01%
FFBC	B	0.01%
HEES	B	0.01%
PSMT	D	0.01%
ZD	B	0.01%
TFIN	B	0.01%
LMAT	B	0.01%
MYRG	B	0.01%
TRMK	B	0.01%
VCYT	B	0.01%
VRNA	C	0.01%
CENX	B	0.01%
GGAL	B	0.01%
CIFR	C	0.01%
TTMI	B	0.01%
PLTK	B	0.01%
HURN	B	0.01%
OSIS	B	0.01%
VCEL	B	0.01%
PLMR	A	0.01%
KLIC	C	0.01%
HCP	A	0.01%
NBTB	B	0.01%
BANR	B	0.01%
LGND	C	0.01%
ASTE	B	0.01%
GT	C	0.01%
BRZE	C	0.01%
INDB	B	0.01%
VIAV	C	0.01%
PATK	C	0.01%
CGON	D	0.01%
RBCAA	B	0.01%
WULF	C	0.01%
FORM	F	0.01%
PPBI	B	0.01%
ALHC	C	0.01%
PLUS	F	0.01%
CARG	B	0.01%
BILI	C	0.01%
UFPT	C	0.01%
APLS	F	0.01%
IOSP	B	0.01%
ERIC	B	0.01%
HWKN	C	0.01%
FROG	C	0.01%
ACAD	C	0.01%
ZG	B	0.01%
MGRC	B	0.01%
SHOO	D	0.01%
KROS	C	0.01%
STNE	F	0.01%
FULT	B	0.01%
NARI	C	0.01%
PRGS	A	0.01%
TOWN	B	0.01%
BL	B	0.01%
ACVA	B	0.01%
MRCY	B	0.01%
HUBG	A	0.01%
URBN	C	0.01%
PENN	B	0.01%
ATRC	C	0.01%
ESGR	B	0.01%
EXPI	C	0.01%
SMTC	C	0.01%
CVBF	B	0.01%
ASTH	F	0.01%
DRVN	A	0.01%
EWTX	C	0.01%
SRRK	C	0.01%
NMIH	D	0.01%
IBTX	B	0.01%
MRUS	C	0.01%
OTTR	C	0.01%
NEOG	D	0.01%
EBC	B	0.01%
IOVA	D	0.01%
SMPL	B	0.01%
LEGN	F	0.01%
GSHD	B	0.01%
ICFI	C	0.01%
VOD	F	0.01%
FIBK	B	0.01%
AGYS	B	0.01%
OMCL	C	0.01%
AVT	C	0.01%
FOLD	F	0.01%
WAFD	B	0.01%
HTLF	B	0.01%
TGTX	B	0.01%
ADMA	C	0.01%
BHF	B	0.01%
AGIO	B	0.01%
SNEX	B	0.01%
FHB	B	0.01%
VIRT	B	0.01%
MGEE	B	0.01%
SATS	D	0.01%
WVE	B	0.01%
PCH	F	0.01%
JJSF	C	0.01%
WDFC	B	0.01%
TBBK	B	0.01%
PTCT	C	0.01%
RNA	B	0.01%
LFST	B	0.01%
WSFS	B	0.01%
AMBA	C	0.01%
ARLP	A	0.01%
GH	B	0.01%
VRRM	D	0.01%
SFNC	B	0.01%
PTEN	C	0.01%

ONEQ Underweight 300 Positions Relative to IUSG

Symbol	Grade	Weight
LLY	F	-2.13%
V	A	-1.1%
MA	B	-1.01%
CRM	B	-1.01%
ORCL	A	-0.98%
UNH	B	-0.7%
NOW	A	-0.67%
PG	C	-0.5%
UBER	F	-0.49%
HD	B	-0.48%
ABBV	F	-0.42%
ACN	B	-0.39%
PLTR	B	-0.38%
AXP	B	-0.37%
CAT	B	-0.36%
MRK	F	-0.34%
KKR	B	-0.33%
ANET	C	-0.33%
MCD	C	-0.31%
KO	F	-0.31%
BX	A	-0.3%
COP	C	-0.29%
ETN	B	-0.29%
GE	D	-0.28%
TJX	A	-0.28%
SYK	A	-0.27%
TMO	F	-0.26%
CMG	B	-0.26%
TDG	D	-0.25%
PGR	A	-0.25%
PM	B	-0.24%
PH	A	-0.23%
SPGI	C	-0.23%
BSX	A	-0.23%
FI	A	-0.21%
TT	B	-0.21%
UNP	D	-0.21%
HLT	A	-0.2%
FICO	B	-0.19%
DE	D	-0.19%
MMC	D	-0.19%
URI	B	-0.19%
RCL	A	-0.17%
BA	F	-0.16%
VST	B	-0.16%
MSI	B	-0.16%
DHI	D	-0.16%
APH	B	-0.16%
EOG	A	-0.16%
SHW	A	-0.15%
TRGP	B	-0.14%
IT	B	-0.14%
AON	B	-0.14%
ZTS	D	-0.14%
WM	A	-0.13%
AMT	F	-0.13%
OKE	A	-0.13%
NKE	F	-0.13%
HES	B	-0.13%
GWW	B	-0.13%
GEV	B	-0.13%
AZO	B	-0.12%
ECL	C	-0.11%
AJG	A	-0.11%
FCX	F	-0.11%
PWR	B	-0.11%
ITW	B	-0.11%
MCO	C	-0.11%
CL	F	-0.1%
CARR	C	-0.1%
HCA	D	-0.1%
IR	A	-0.1%
FTV	C	-0.09%
TYL	B	-0.09%
MSCI	B	-0.09%
WMB	B	-0.09%
DECK	B	-0.09%
HWM	B	-0.09%
PHM	D	-0.09%
MPC	D	-0.09%
NVR	D	-0.09%
AMP	A	-0.09%
LEN	D	-0.08%
WST	B	-0.08%
DFS	B	-0.08%
NUE	D	-0.08%
EME	B	-0.08%
RSG	B	-0.08%
VMC	B	-0.08%
MLM	B	-0.08%
GDDY	B	-0.08%
CPAY	A	-0.08%
LII	B	-0.07%
SPG	A	-0.07%
DELL	C	-0.07%
BRO	B	-0.07%
BLDR	C	-0.07%
CSL	B	-0.07%
AME	A	-0.07%
DAL	A	-0.07%
PSA	D	-0.07%
DLR	C	-0.07%
CCL	B	-0.06%
TPL	B	-0.06%
GRMN	A	-0.06%
RS	C	-0.06%
YUM	B	-0.06%
IRM	D	-0.06%
TEL	B	-0.06%
WSO	B	-0.06%
LYV	A	-0.06%
IQV	F	-0.05%
EW	F	-0.05%
ROK	B	-0.05%
GGG	B	-0.05%
BR	A	-0.05%
OTIS	D	-0.05%
DT	C	-0.05%
TOL	B	-0.05%
PSTG	D	-0.05%
FIX	B	-0.05%
WSM	F	-0.05%
OC	A	-0.05%
FND	F	-0.04%
LVS	C	-0.04%
BLD	F	-0.04%
MOH	F	-0.04%
OVV	C	-0.04%
HUBB	C	-0.04%
BWXT	B	-0.04%
NCLH	B	-0.04%
CTRA	B	-0.04%
PNR	A	-0.04%
CHD	A	-0.04%
STE	D	-0.04%
ITT	A	-0.04%
EFX	F	-0.04%
NVT	C	-0.04%
CBOE	D	-0.04%
CLH	B	-0.04%
SSD	F	-0.03%
PLNT	A	-0.03%
TREX	C	-0.03%
RRC	B	-0.03%
CF	B	-0.03%
SKX	F	-0.03%
JBL	C	-0.03%
MRO	B	-0.03%
HRB	D	-0.03%
CR	B	-0.03%
XPO	B	-0.03%
WAT	B	-0.03%
ONTO	F	-0.03%
AXTA	A	-0.03%
SNA	A	-0.03%
ELS	B	-0.03%
FDS	A	-0.03%
COO	D	-0.03%
NYT	C	-0.03%
RPM	A	-0.03%
CE	F	-0.03%
PEN	C	-0.03%
RBC	B	-0.03%
TPX	B	-0.03%
MAS	D	-0.03%
CW	C	-0.03%
PR	C	-0.03%
WMS	F	-0.03%
HLI	B	-0.03%
MUSA	B	-0.03%
FN	C	-0.03%
BURL	C	-0.03%
HSY	F	-0.03%
PRI	B	-0.03%
KNSL	C	-0.03%
AIT	A	-0.03%
DRI	B	-0.03%
EXP	B	-0.03%
MTD	F	-0.03%
EHC	B	-0.02%
CIVI	D	-0.02%
CACI	C	-0.02%
CNM	D	-0.02%
WTRG	C	-0.02%
ALLE	D	-0.02%
PAYC	B	-0.02%
RL	B	-0.02%
WH	A	-0.02%
WAL	B	-0.02%
BRBR	A	-0.02%
AYI	A	-0.02%
CCK	D	-0.02%
CHE	D	-0.02%
EGP	D	-0.02%
BYD	A	-0.02%
DCI	A	-0.02%
EPAM	B	-0.02%
AOS	F	-0.02%
VVV	B	-0.02%
CNX	B	-0.02%
MGM	D	-0.02%
NXT	C	-0.02%
WTS	B	-0.02%
CUBE	D	-0.02%
DTM	A	-0.02%
DKS	D	-0.02%
ROL	C	-0.02%
VNT	C	-0.02%
EXPD	C	-0.02%
SCI	B	-0.02%
MTDR	B	-0.02%
DPZ	C	-0.02%
AVTR	F	-0.02%
ELF	C	-0.02%
MSA	D	-0.02%
ACM	B	-0.02%
GNRC	B	-0.02%
AMH	C	-0.02%
ATR	A	-0.02%
H	B	-0.02%
DAY	B	-0.02%
GTLS	B	-0.02%
FCN	F	-0.02%
RYAN	B	-0.02%
ANF	C	-0.02%
EVR	B	-0.02%
LW	B	-0.02%
WEX	D	-0.02%
ESAB	B	-0.02%
RNR	D	-0.02%
HGV	B	-0.01%
RYN	F	-0.01%
ENS	D	-0.01%
CHWY	B	-0.01%
TKR	F	-0.01%
MSM	C	-0.01%
GATX	B	-0.01%
RH	C	-0.01%
TEX	D	-0.01%
EPR	D	-0.01%
MUR	D	-0.01%
YETI	D	-0.01%
OLN	F	-0.01%
IDA	A	-0.01%
MTG	C	-0.01%
COTY	D	-0.01%
EQH	B	-0.01%
HXL	F	-0.01%
DLB	D	-0.01%
HAE	B	-0.01%
TNL	A	-0.01%
KBH	D	-0.01%
NNN	F	-0.01%
TDC	F	-0.01%
AM	B	-0.01%
PK	C	-0.01%
TKO	D	-0.01%
VOYA	B	-0.01%
AZPN	A	-0.01%
VAL	D	-0.01%
KEX	A	-0.01%
BC	D	-0.01%
ALTM	C	-0.01%
FR	D	-0.01%
STAG	D	-0.01%
DOCS	B	-0.01%
VNOM	C	-0.01%
FLS	B	-0.01%
INGR	B	-0.01%
REXR	F	-0.01%
PSN	C	-0.01%
DVA	C	-0.01%
CFR	B	-0.01%
FBIN	F	-0.01%
BRX	A	-0.01%
CIEN	B	-0.01%
KNF	C	-0.01%
MMS	F	-0.01%
FCFS	F	-0.01%
OHI	C	-0.01%
WLK	F	-0.01%
ALV	C	-0.01%
NEU	C	-0.01%
MTN	C	-0.01%
TTC	F	-0.01%
BCO	F	-0.01%
CBT	C	-0.01%
LPX	A	-0.01%
KBR	D	-0.01%
GXO	B	-0.01%
RLI	A	-0.01%
IPGP	C	-0.0%
CPRI	F	-0.0%
SMG	D	-0.0%
ZI	C	-0.0%
SAM	B	-0.0%
CDP	C	-0.0%
NSP	F	-0.0%
NSA	D	-0.0%
CHH	B	-0.0%