ONEQ vs. LRND ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

$76.04

Average Daily Volume

240,660

Number of Holdings ^*

843

* may have additional holdings in another (foreign) market

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.69

Average Daily Volume

582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	LRND
30 Days	5.45%	3.51%
60 Days	14.27%	10.65%
90 Days	15.34%	12.16%
12 Months	43.62%	36.27%

53 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in LRND	Overlap
AAPL	B	11.61%	5.99%	5.99%
ABNB	D	0.2%	0.37%	0.2%
ADBE	F	0.71%	0.68%	0.68%
ADI	D	0.38%	0.29%	0.29%
ADSK	A	0.2%	0.29%	0.2%
ALNY	B	0.12%	0.21%	0.12%
AMAT	D	0.51%	0.58%	0.51%
AMD	F	0.8%	1.11%	0.8%
AMGN	C	0.56%	1.0%	0.56%
AMZN	B	6.73%	8.32%	6.73%
AVGO	B	2.72%	1.64%	1.64%
BIIB	F	0.09%	0.34%	0.09%
CDNS	B	0.26%	0.29%	0.26%
CSCO	A	0.74%	1.65%	0.74%
DASH	A	0.2%	0.24%	0.2%
DDOG	C	0.13%	0.22%	0.13%
EA	B	0.13%	0.52%	0.13%
EBAY	D	0.1%	0.27%	0.1%
EXEL	B	0.03%	0.25%	0.03%
EXPE	B	0.06%	0.29%	0.06%
GEHC	D	0.13%	0.24%	0.13%
GILD	B	0.36%	1.2%	0.36%
GOOGL	B	3.4%	8.92%	3.4%
HON	B	0.44%	0.29%	0.29%
ILMN	B	0.08%	0.28%	0.08%
INCY	A	0.05%	0.53%	0.05%
INTC	C	0.32%	3.18%	0.32%
INTU	A	0.57%	0.51%	0.51%
ISRG	A	0.6%	0.22%	0.22%
KLAC	F	0.31%	0.22%	0.22%
LCID	F	0.02%	0.13%	0.02%
LRCX	D	0.33%	0.36%	0.33%
MCHP	F	0.13%	0.19%	0.13%
META	B	4.29%	6.61%	4.29%
MRNA	F	0.07%	0.7%	0.07%
MRVL	B	0.24%	0.4%	0.24%
MSFT	C	10.69%	5.4%	5.4%
MU	C	0.38%	0.72%	0.38%
NFLX	A	1.07%	0.58%	0.58%
NTAP	C	0.08%	0.19%	0.08%
NVDA	B	11.34%	2.36%	2.36%
PANW	A	0.38%	0.37%	0.37%
PYPL	A	0.26%	0.6%	0.26%
QCOM	C	0.62%	1.64%	0.62%
REGN	F	0.33%	0.61%	0.33%
RIVN	F	0.04%	0.31%	0.04%
SNPS	B	0.27%	0.4%	0.27%
TEAM	B	0.1%	0.49%	0.1%
TSLA	B	2.74%	0.92%	0.92%
TXN	A	0.61%	0.37%	0.37%
VRTX	A	0.4%	1.59%	0.4%
WDAY	C	0.17%	0.47%	0.17%
WDC	C	0.07%	0.36%	0.07%

ONEQ Overweight 790 Positions Relative to LRND

Symbol	Grade	Weight
GOOG	B	3.27%
COST	B	1.29%
TMUS	A	0.84%
PEP	F	0.74%
LIN	D	0.73%
CMCSA	B	0.54%
BKNG	B	0.49%
ADP	A	0.39%
SBUX	B	0.37%
MELI	D	0.34%
MDLZ	F	0.31%
CME	B	0.28%
EQIX	B	0.28%
PDD	D	0.27%
CEG	D	0.27%
CTAS	A	0.26%
MAR	A	0.24%
ORLY	B	0.23%
CRWD	C	0.23%
NXPI	D	0.21%
ASML	F	0.21%
FTNT	A	0.2%
CSX	B	0.2%
ROP	B	0.19%
MNST	B	0.18%
PCAR	B	0.18%
TTD	B	0.18%
PAYX	A	0.17%
AEP	D	0.17%
FANG	D	0.17%
FAST	B	0.16%
CHTR	B	0.16%
CPRT	B	0.16%
APP	B	0.16%
KDP	F	0.15%
MPWR	F	0.15%
ODFL	B	0.15%
ROST	D	0.15%
AZN	F	0.14%
COIN	B	0.14%
NDAQ	B	0.14%
MSTR	B	0.14%
VRSK	A	0.13%
EXC	D	0.13%
KHC	F	0.13%
ACGL	D	0.13%
LULU	D	0.12%
XEL	B	0.12%
IDXX	F	0.12%
CTSH	B	0.12%
BKR	B	0.12%
AXON	B	0.11%
ON	D	0.11%
CCEP	D	0.11%
TSCO	C	0.1%
TTWO	B	0.1%
WTW	B	0.1%
CSGP	D	0.1%
UAL	A	0.09%
FCNCA	B	0.09%
FITB	B	0.09%
ZS	C	0.09%
ANSS	B	0.09%
DXCM	D	0.09%
TROW	B	0.08%
SBAC	D	0.08%
CDW	F	0.08%
TCOM	C	0.08%
JD	C	0.07%
ZBRA	B	0.07%
NTRS	B	0.07%
LPLA	A	0.07%
STLD	B	0.07%
FSLR	F	0.07%
GFS	C	0.07%
CINF	B	0.07%
PTC	B	0.07%
STX	D	0.07%
HBAN	B	0.07%
MDB	C	0.07%
ERIE	D	0.07%
HOOD	A	0.07%
VRSN	D	0.06%
ULTA	C	0.06%
MANH	C	0.06%
HOLX	D	0.06%
DKNG	C	0.06%
JBHT	B	0.06%
IBKR	B	0.06%
ARGX	B	0.06%
CG	B	0.06%
ICLR	F	0.06%
PFG	C	0.06%
CHKP	D	0.06%
ZM	A	0.06%
SMCI	F	0.06%
TER	F	0.06%
WBD	C	0.06%
ARM	C	0.06%
NDSN	C	0.05%
SWKS	F	0.05%
TTEK	C	0.05%
CPB	D	0.05%
VTRS	B	0.05%
LNT	D	0.05%
CASY	B	0.05%
MNDY	A	0.05%
BSY	F	0.05%
FLEX	A	0.05%
TRMB	A	0.05%
MORN	A	0.05%
AKAM	F	0.05%
NTRA	A	0.05%
UTHR	B	0.05%
NTNX	B	0.05%
GEN	B	0.05%
ENTG	F	0.05%
GRAB	B	0.05%
ALGN	F	0.05%
TW	B	0.05%
SNY	D	0.05%
SSNC	C	0.05%
PODD	B	0.05%
LAMR	C	0.04%
NTES	F	0.04%
NWSA	B	0.04%
LBRDK	B	0.04%
DUOL	B	0.04%
RGLD	B	0.04%
PAA	C	0.04%
HST	C	0.04%
ENPH	F	0.04%
PCVX	D	0.04%
BNTX	D	0.04%
TXRH	B	0.04%
MKTX	C	0.04%
RPRX	F	0.04%
CHRW	B	0.04%
CYBR	B	0.04%
JKHY	C	0.04%
OKTA	D	0.04%
PPC	B	0.04%
SFM	A	0.04%
AFRM	B	0.04%
GLPI	D	0.04%
TECH	B	0.04%
FFIV	B	0.04%
EVRG	B	0.04%
NBIX	C	0.04%
SRPT	F	0.04%
SOFI	A	0.04%
BMRN	F	0.04%
REG	B	0.04%
LOGI	F	0.04%
SAIA	C	0.04%
SMMT	C	0.04%
DOCU	A	0.04%
DLTR	F	0.04%
BIDU	F	0.04%
EWBC	B	0.04%
EXAS	F	0.04%
POOL	B	0.04%
MIDD	C	0.03%
RGEN	F	0.03%
ENSG	C	0.03%
GTLB	C	0.03%
QRVO	F	0.03%
XP	F	0.03%
HQY	A	0.03%
TPG	B	0.03%
DJT	D	0.03%
GLBE	B	0.03%
CHRD	F	0.03%
MAT	C	0.03%
LSCC	C	0.03%
FOX	B	0.03%
MASI	B	0.03%
HSIC	F	0.03%
PEGA	A	0.03%
FRHC	B	0.03%
VKTX	C	0.03%
LNW	C	0.03%
HLNE	B	0.03%
AAL	C	0.03%
CZR	D	0.03%
WING	F	0.03%
BRKR	F	0.03%
APA	F	0.03%
PARA	C	0.03%
RVMD	B	0.03%
NICE	C	0.03%
ROIV	C	0.03%
LKQ	F	0.03%
OLED	F	0.03%
SIRI	D	0.03%
SAIC	B	0.03%
CBSH	A	0.03%
FOXA	B	0.03%
ITCI	A	0.03%
MTSI	B	0.03%
MEDP	D	0.03%
WTFC	B	0.03%
FYBR	C	0.03%
DOX	A	0.03%
CHDN	B	0.03%
WWD	B	0.03%
ROKU	C	0.03%
HAS	D	0.03%
WIX	B	0.03%
OTEX	F	0.03%
AAON	B	0.03%
WYNN	D	0.03%
BGNE	D	0.03%
MTCH	F	0.03%
COKE	D	0.03%
INSM	C	0.03%
FUTU	C	0.03%
LECO	C	0.03%
Z	B	0.03%
SEIC	B	0.03%
PCTY	B	0.03%
VICR	B	0.02%
CRSP	C	0.02%
SLAB	F	0.02%
COLM	C	0.02%
DNLI	B	0.02%
FOLD	D	0.02%
APPF	D	0.02%
LEGN	F	0.02%
BANF	B	0.02%
BZ	D	0.02%
KTOS	B	0.02%
QLYS	C	0.02%
CLBT	B	0.02%
ASO	F	0.02%
IPAR	C	0.02%
TCBI	B	0.02%
TFSL	B	0.02%
AEIS	B	0.02%
SGRY	D	0.02%
CCOI	B	0.02%
IBOC	B	0.02%
BGC	A	0.02%
ROAD	A	0.02%
FIZZ	B	0.02%
RUSHA	B	0.02%
UPST	B	0.02%
ACLX	B	0.02%
RARE	D	0.02%
INTA	B	0.02%
ALKS	C	0.02%
AXSM	D	0.02%
KRYS	C	0.02%
WBA	F	0.02%
IMVT	C	0.02%
BBIO	D	0.02%
SANM	B	0.02%
MDGL	B	0.02%
NWL	B	0.02%
GLNG	B	0.02%
ITRI	A	0.02%
CRNX	A	0.02%
VRRM	F	0.02%
QFIN	C	0.02%
LANC	B	0.02%
WMG	B	0.02%
PLXS	B	0.02%
CALM	B	0.02%
SRCL	A	0.02%
PECO	B	0.02%
EEFT	C	0.02%
LITE	B	0.02%
ONB	B	0.02%
ACHC	F	0.02%
PI	C	0.02%
ALKT	C	0.02%
FELE	C	0.02%
VCTR	B	0.02%
BPMC	C	0.02%
LSTR	C	0.02%
NCNO	B	0.02%
ICUI	C	0.02%
RDNT	A	0.02%
STEP	B	0.02%
CACC	F	0.02%
CHX	D	0.02%
HWC	B	0.02%
LYFT	C	0.02%
FIVE	F	0.02%
COOP	A	0.02%
MARA	C	0.02%
ALGM	F	0.02%
SBRA	B	0.02%
BECN	B	0.02%
SLM	B	0.02%
SITM	B	0.02%
BPOP	D	0.02%
STRL	A	0.02%
IEP	F	0.02%
VLY	B	0.02%
RMBS	C	0.02%
EXPO	D	0.02%
IESC	A	0.02%
TIGO	C	0.02%
SHC	C	0.02%
NUVL	D	0.02%
DBX	C	0.02%
CFLT	C	0.02%
UBSI	B	0.02%
PRCT	A	0.02%
MMSI	A	0.02%
CYTK	D	0.02%
CWST	C	0.02%
TENB	D	0.02%
NSIT	F	0.02%
AGNC	D	0.02%
ETSY	D	0.02%
VRNS	D	0.02%
ACIW	B	0.02%
CRUS	F	0.02%
CORT	B	0.02%
WFRD	F	0.02%
AUR	C	0.02%
UMBF	B	0.02%
GNTX	D	0.02%
LI	F	0.02%
SIGI	B	0.02%
CRVL	B	0.02%
ALTR	C	0.02%
QXO	D	0.02%
HALO	C	0.02%
IONS	F	0.02%
REYN	F	0.02%
BCPC	B	0.02%
CROX	F	0.02%
EXLS	A	0.02%
OLLI	C	0.02%
AMKR	F	0.02%
FRPT	B	0.02%
ACT	D	0.02%
FFIN	B	0.02%
HTHT	C	0.02%
CHCI	D	0.02%
RCM	B	0.02%
UFPI	C	0.02%
CGNX	C	0.02%
LFUS	C	0.02%
JAZZ	B	0.02%
NXST	C	0.02%
ZION	B	0.02%
CSWI	A	0.02%
RKLB	B	0.02%
PNFP	B	0.02%
AVAV	B	0.02%
SPSC	F	0.02%
ASND	F	0.02%
NOVT	B	0.02%
BOKF	B	0.02%
MKSI	D	0.02%
CRDO	A	0.02%
LNTH	D	0.02%
CELH	F	0.02%
CVLT	A	0.02%
WSC	C	0.02%
COLB	B	0.02%
MMYT	B	0.02%
JBSS	F	0.01%
NRIX	B	0.01%
RLAY	F	0.01%
IMKTA	D	0.01%
SRCL	A	0.01%
CDNA	D	0.01%
PSNY	F	0.01%
GMAB	F	0.01%
SAVA	D	0.01%
EYE	D	0.01%
NNDM	F	0.01%
BMBL	D	0.01%
EMBC	C	0.01%
GSM	F	0.01%
BCBP	B	0.01%
TH	D	0.01%
KELYA	F	0.01%
CNSL	B	0.01%
PYCR	C	0.01%
FLGT	F	0.01%
IMTX	F	0.01%
MATW	C	0.01%
SDGR	D	0.01%
PHAT	C	0.01%
ICHR	C	0.01%
NVAX	F	0.01%
KRUS	C	0.01%
GIII	C	0.01%
TRNS	F	0.01%
SVC	F	0.01%
VRNT	F	0.01%
RDFN	D	0.01%
MOMO	C	0.01%
WOOF	D	0.01%
PGNY	F	0.01%
SEDG	F	0.01%
LQDA	C	0.01%
KRNT	B	0.01%
BCYC	C	0.01%
TRDA	A	0.01%
FLYW	C	0.01%
AVAH	C	0.01%
ISTR	B	0.01%
ESTA	C	0.01%
ASTL	B	0.01%
DHC	F	0.01%
COLL	F	0.01%
JACK	D	0.01%
OPK	C	0.01%
MRVI	F	0.01%
CMCO	C	0.01%
TRS	B	0.01%
BASE	C	0.01%
HTLD	C	0.01%
FFIC	B	0.01%
WASH	B	0.01%
PLYA	A	0.01%
TTGT	C	0.01%
CEVA	B	0.01%
SOUN	C	0.01%
THRM	F	0.01%
HAFC	B	0.01%
AVO	B	0.01%
TREE	D	0.01%
VIR	C	0.01%
ODP	F	0.01%
SPRY	A	0.01%
BLBD	F	0.01%
PFC	B	0.01%
SCVL	D	0.01%
FWRG	C	0.01%
MNTK	C	0.01%
PLUG	D	0.01%
IBUY	B	0.01%
PLAY	C	0.01%
HTZ	D	0.01%
CNDT	C	0.01%
CBRL	D	0.01%
SPT	F	0.01%
KALU	C	0.01%
BLMN	F	0.01%
PDFS	C	0.01%
IQ	F	0.01%
IMCR	D	0.01%
NSSC	F	0.01%
STAA	F	0.01%
BVS	C	0.01%
MGPI	F	0.01%
COHU	C	0.01%
MRTN	C	0.01%
NEXT	C	0.01%
AMED	C	0.01%
COMM	D	0.01%
FTRE	D	0.01%
NVEE	D	0.01%
DLO	F	0.01%
HROW	C	0.01%
LBRDA	B	0.01%
SCSC	C	0.01%
ATSG	B	0.01%
ARDX	F	0.01%
ANIP	D	0.01%
ULH	B	0.01%
HBNC	B	0.01%
RCKT	F	0.01%
VMEO	B	0.01%
KURA	F	0.01%
HLIT	F	0.01%
UPBD	C	0.01%
WABC	B	0.01%
CENTA	D	0.01%
FWRD	D	0.01%
SAFT	C	0.01%
RDWR	C	0.01%
PEBO	B	0.01%
RNW	F	0.01%
NEO	C	0.01%
CSGS	B	0.01%
ECPG	B	0.01%
INMD	C	0.01%
CRTO	F	0.01%
XRX	F	0.01%
ANDE	D	0.01%
UDMY	C	0.01%
DOOO	F	0.01%
CLDX	F	0.01%
PLAB	C	0.01%
PFBC	B	0.01%
UCTT	D	0.01%
COGT	D	0.01%
MLCO	C	0.01%
MCRI	B	0.01%
VRDN	A	0.01%
TCBK	B	0.01%
AOSL	F	0.01%
AUPH	C	0.01%
TVTX	A	0.01%
VECO	F	0.01%
CLOV	D	0.01%
MSEX	B	0.01%
AMSF	A	0.01%
NAVI	F	0.01%
IREN	C	0.01%
OCFC	B	0.01%
DAWN	B	0.01%
UNIT	B	0.01%
INFN	C	0.01%
OLPX	F	0.01%
RIOT	C	0.01%
ATEX	F	0.01%
VITL	F	0.01%
TLRY	F	0.01%
GLUE	C	0.01%
WINA	B	0.01%
SIMO	F	0.01%
AMRK	F	0.01%
SABR	C	0.01%
SBLK	F	0.01%
APOG	A	0.01%
WB	D	0.01%
INVA	B	0.01%
MBUU	C	0.01%
DGII	B	0.01%
INBK	B	0.01%
CNXN	C	0.01%
PAGP	C	0.01%
ERII	B	0.01%
CRAI	B	0.01%
GABC	B	0.01%
VSEC	B	0.01%
AHCO	F	0.01%
GDYN	A	0.01%
CHEF	B	0.01%
VERA	B	0.01%
QNST	C	0.01%
BCRX	C	0.01%
LKFN	B	0.01%
AXNX	A	0.01%
BUSE	C	0.01%
MBIN	F	0.01%
PDCO	D	0.01%
PRDO	B	0.01%
LILAK	F	0.01%
MLKN	F	0.01%
BEAM	C	0.01%
TNDM	F	0.01%
TXG	F	0.01%
ULCC	C	0.01%
AZTA	F	0.01%
ROIC	A	0.01%
NVCR	C	0.01%
SNDX	C	0.01%
LBPH	A	0.01%
HPK	F	0.01%
MYGN	F	0.01%
HRMY	D	0.01%
LAUR	B	0.01%
FIVN	D	0.01%
NWBI	B	0.01%
DVAX	C	0.01%
NNBR	F	0.01%
MGNI	C	0.01%
AY	B	0.01%
MNKD	B	0.01%
CIFR	B	0.01%
TARS	B	0.01%
GTX	F	0.01%
STRA	D	0.01%
STBA	C	0.01%
VC	F	0.01%
XNCR	B	0.01%
IDCC	A	0.01%
LGIH	D	0.01%
TMDX	F	0.01%
CAR	D	0.01%
HOPE	B	0.01%
TTMI	A	0.01%
MYRG	C	0.01%
DNUT	D	0.01%
AKRO	B	0.01%
APPN	B	0.01%
CMPR	F	0.01%
XPEL	C	0.01%
YY	D	0.01%
CENX	B	0.01%
RXST	F	0.01%
PRVA	C	0.01%
PTVE	D	0.01%
WSBC	B	0.01%
SASR	B	0.01%
RRR	F	0.01%
IAS	C	0.01%
CHCO	B	0.01%
FRME	B	0.01%
EVCM	B	0.01%
CAKE	B	0.01%
SYBT	B	0.01%
TWST	C	0.01%
VBTX	B	0.01%
WERN	B	0.01%
DCOM	B	0.01%
IRTC	C	0.01%
CLSK	C	0.01%
DYN	F	0.01%
SUPN	B	0.01%
JBLU	C	0.01%
PINC	B	0.01%
ATAT	C	0.01%
NTCT	B	0.01%
ARVN	D	0.01%
HAIN	D	0.01%
ROCK	C	0.01%
CASH	B	0.01%
EXTR	B	0.01%
ACLS	F	0.01%
GOGL	D	0.01%
PCT	C	0.01%
SBCF	B	0.01%
IDYA	F	0.01%
ENVX	F	0.01%
GDS	B	0.01%
SPNS	B	0.01%
GT	C	0.01%
LMAT	A	0.01%
CLBK	B	0.01%
UFPT	C	0.01%
SKWD	A	0.01%
ADUS	D	0.01%
SWTX	D	0.01%
OSW	B	0.01%
PTGX	C	0.01%
TRMD	F	0.01%
LGND	B	0.01%
HEES	B	0.01%
EFSC	B	0.01%
CPRX	B	0.01%
NMRK	B	0.01%
VRNA	B	0.01%
ZLAB	C	0.01%
FFBC	B	0.01%
ARCB	C	0.01%
FBNC	B	0.01%
RPD	D	0.01%
WULF	B	0.01%
MIRM	B	0.01%
MRCY	B	0.01%
GERN	D	0.01%
ALRM	C	0.01%
KYMR	B	0.01%
JANX	C	0.01%
ASTE	C	0.01%
TRMK	B	0.01%
ZG	B	0.01%
HURN	B	0.01%
ALHC	B	0.01%
AMRX	C	0.01%
VCEL	B	0.01%
OSIS	C	0.01%
JAMF	F	0.01%
DIOD	D	0.01%
VCYT	B	0.01%
TFIN	B	0.01%
ZD	C	0.01%
BANR	B	0.01%
GGAL	B	0.01%
ACAD	D	0.01%
PLTK	B	0.01%
VIAV	B	0.01%
BRZE	D	0.01%
ARWR	C	0.01%
LIVN	C	0.01%
NWE	D	0.01%
INDB	B	0.01%
PSMT	C	0.01%
NBTB	B	0.01%
KLIC	C	0.01%
CNXC	F	0.01%
PLMR	C	0.01%
FROG	C	0.01%
KROS	B	0.01%
CGON	C	0.01%
RBCAA	B	0.01%
TRUP	C	0.01%
EXPI	C	0.01%
PPBI	B	0.01%
FLNC	D	0.01%
BILI	C	0.01%
IOSP	B	0.01%
DRVN	B	0.01%
FULT	B	0.01%
NARI	C	0.01%
FRSH	C	0.01%
CARG	B	0.01%
SYNA	D	0.01%
OPCH	F	0.01%
ACVA	C	0.01%
HCP	A	0.01%
AGYS	C	0.01%
GH	C	0.01%
WEN	C	0.01%
AGIO	B	0.01%
PLUS	C	0.01%
RUN	F	0.01%
AMPH	D	0.01%
HUBG	B	0.01%
CVBF	B	0.01%
RYTM	A	0.01%
TOWN	C	0.01%
APLS	F	0.01%
MQ	F	0.01%
BL	C	0.01%
HWKN	C	0.01%
ADMA	B	0.01%
SMTC	A	0.01%
PRGS	B	0.01%
ATRC	C	0.01%
MGRC	B	0.01%
IOVA	D	0.01%
EBC	B	0.01%
ASTH	D	0.01%
NEOG	C	0.01%
FA	D	0.01%
SHOO	D	0.01%
IBTX	B	0.01%
EWTX	B	0.01%
STNE	F	0.01%
MRUS	B	0.01%
FORM	F	0.01%
NPAB	F	0.01%
TGTX	A	0.01%
URBN	D	0.01%
PATK	D	0.01%
HTLF	B	0.01%
VERX	B	0.01%
ERIC	C	0.01%
OTTR	D	0.01%
LFST	C	0.01%
WSFS	B	0.01%
SMPL	C	0.01%
ESGR	B	0.01%
MGEE	A	0.01%
FHB	B	0.01%
POWL	B	0.01%
RNA	B	0.01%
WAFD	C	0.01%
VIRT	A	0.01%
SNEX	B	0.01%
PENN	C	0.01%
SKYW	B	0.01%
BHF	B	0.01%
FIBK	B	0.01%
DORM	B	0.01%
GSHD	B	0.01%
JJSF	B	0.01%
TBBK	C	0.01%
OZK	B	0.01%
USLM	A	0.01%
LOPE	A	0.01%
CVCO	A	0.01%
PTCT	B	0.01%
POWI	C	0.01%
SRRK	C	0.01%
SATS	C	0.01%
IRDM	C	0.01%
WVE	A	0.01%
XENE	B	0.01%
VOD	D	0.01%
NMIH	D	0.01%
PTEN	D	0.01%
ARLP	C	0.01%
WDFC	B	0.01%
XRAY	F	0.01%
ICFI	B	0.01%
CATY	B	0.01%
FTDR	A	0.01%
AMBA	B	0.01%
OMCL	B	0.01%
PCH	F	0.01%
PAYO	A	0.01%
AVT	B	0.01%
SFNC	B	0.01%
BLKB	C	0.01%
IAC	C	0.01%
NWS	B	0.01%

ONEQ Underweight 46 Positions Relative to LRND

Symbol	Grade	Weight
MRK	F	-3.14%
JNJ	D	-2.84%
BMY	C	-2.13%
GM	B	-2.01%
PFE	F	-2.0%
LLY	D	-1.8%
ORCL	A	-1.76%
ABBV	B	-1.55%
F	D	-1.52%
IBM	D	-1.31%
CRM	A	-1.11%
BA	F	-0.7%
UBER	F	-0.6%
SQ	C	-0.59%
DELL	C	-0.59%
RTX	C	-0.57%
MDT	C	-0.54%
ABT	B	-0.53%
HPE	B	-0.47%
NOW	B	-0.47%
DE	C	-0.44%
CAT	B	-0.43%
PG	D	-0.37%
SPOT	B	-0.34%
GE	C	-0.33%
HPQ	B	-0.33%
CMI	B	-0.32%
SNOW	C	-0.31%
MMM	C	-0.3%
RBLX	B	-0.3%
CTVA	C	-0.29%
BSX	A	-0.29%
DHR	F	-0.28%
LMT	D	-0.28%
SYK	A	-0.26%
ACN	C	-0.26%
NOC	C	-0.23%
BDX	F	-0.23%
TMO	F	-0.23%
PINS	D	-0.23%
EW	F	-0.22%
GLW	B	-0.22%
JNPR	C	-0.22%
APTV	F	-0.21%
CNH	D	-0.2%
U	D	-0.19%