ONEQ vs. SPEM ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

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

$74.78

Average Daily Volume

242,124

Number of Holdings ^*

830

* may have additional holdings in another (foreign) market

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.31

Average Daily Volume

1,690,073

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	SPEM
30 Days	2.13%	-4.03%
60 Days	5.67%	0.43%
90 Days	6.27%	1.29%
12 Months	33.62%	16.51%

19 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in SPEM	Overlap
BGNE	D	0.03%	0.14%	0.03%
BIDU	F	0.04%	0.27%	0.04%
BILI	D	0.01%	0.06%	0.01%
BZ	F	0.01%	0.04%	0.01%
GDS	C	0.01%	0.03%	0.01%
IQ	F	0.01%	0.01%	0.01%
LEGN	D	0.01%	0.03%	0.01%
LI	F	0.02%	0.14%	0.02%
MMYT	B	0.02%	0.06%	0.02%
MOMO	D	0.01%	0.01%	0.01%
PDD	F	0.25%	0.81%	0.25%
QFIN	A	0.02%	0.04%	0.02%
RNW	D	0.01%	0.0%	0.0%
SBLK	F	0.01%	0.02%	0.01%
SIMO	D	0.01%	0.02%	0.01%
STNE	F	0.01%	0.03%	0.01%
TCOM	B	0.08%	0.33%	0.08%
WB	D	0.01%	0.0%	0.0%
YY	B	0.01%	0.02%	0.01%

ONEQ Overweight 811 Positions Relative to SPEM

Symbol	Grade	Weight
NVDA	B	11.52%
AAPL	C	11.32%
MSFT	D	10.23%
AMZN	C	7.05%
META	D	4.0%
TSLA	B	3.4%
GOOGL	C	3.35%
GOOG	C	3.22%
AVGO	D	2.53%
COST	A	1.33%
NFLX	A	1.17%
TMUS	B	0.89%
CSCO	B	0.76%
ADBE	C	0.74%
AMD	F	0.72%
PEP	F	0.7%
LIN	C	0.69%
INTU	B	0.63%
ISRG	A	0.61%
QCOM	F	0.59%
TXN	C	0.59%
BKNG	A	0.54%
CMCSA	B	0.54%
AMGN	F	0.5%
HON	C	0.49%
AMAT	F	0.46%
PANW	B	0.41%
ADP	A	0.4%
VRTX	D	0.39%
SBUX	A	0.37%
GILD	C	0.36%
INTC	C	0.35%
MU	D	0.35%
ADI	D	0.34%
MELI	C	0.32%
LRCX	F	0.3%
PYPL	B	0.29%
EQIX	A	0.28%
APP	B	0.28%
MDLZ	F	0.28%
CTAS	B	0.27%
REGN	F	0.27%
KLAC	F	0.27%
CME	B	0.27%
CRWD	B	0.26%
CDNS	B	0.26%
SNPS	B	0.26%
MRVL	B	0.25%
MAR	A	0.25%
FTNT	C	0.24%
CEG	C	0.23%
ORLY	B	0.23%
DASH	B	0.22%
ASML	F	0.21%
COIN	C	0.21%
ADSK	A	0.21%
CSX	C	0.21%
MSTR	B	0.2%
CHTR	C	0.19%
ABNB	C	0.19%
ROP	B	0.19%
PCAR	B	0.19%
CPRT	B	0.18%
NXPI	D	0.18%
WDAY	B	0.18%
PAYX	B	0.17%
FANG	C	0.17%
MNST	C	0.17%
TTD	B	0.17%
FAST	B	0.16%
AEP	C	0.16%
NDAQ	A	0.15%
ROST	D	0.15%
ODFL	C	0.15%
EA	A	0.14%
KDP	F	0.14%
BKR	A	0.14%
AXON	A	0.14%
CTSH	B	0.13%
EXC	C	0.13%
DDOG	A	0.13%
TEAM	A	0.13%
VRSK	A	0.13%
ACGL	C	0.13%
XEL	A	0.13%
AZN	F	0.12%
GEHC	D	0.12%
KHC	F	0.12%
LULU	C	0.12%
WTW	B	0.11%
MCHP	F	0.11%
CCEP	C	0.11%
IDXX	F	0.11%
UAL	A	0.1%
ON	D	0.1%
ZS	B	0.1%
TSCO	D	0.1%
FCNCA	A	0.1%
CSGP	D	0.1%
DXCM	C	0.1%
EBAY	D	0.1%
ALNY	D	0.1%
TTWO	A	0.1%
MPWR	F	0.09%
ANSS	B	0.09%
FITB	B	0.09%
GFS	C	0.08%
CDW	F	0.08%
WBD	B	0.08%
NTAP	C	0.08%
SBAC	D	0.08%
BIIB	F	0.08%
HBAN	A	0.08%
LPLA	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
ZBRA	B	0.07%
FSLR	F	0.07%
IBKR	A	0.07%
STX	C	0.07%
ZM	C	0.07%
WDC	D	0.07%
MDB	B	0.07%
NTRS	A	0.07%
STLD	B	0.07%
PTC	B	0.07%
EXPE	B	0.07%
CINF	A	0.07%
ILMN	C	0.07%
HOLX	D	0.06%
SSNC	B	0.06%
VRSN	C	0.06%
TRMB	B	0.06%
ALGN	D	0.06%
NTNX	B	0.06%
JD	D	0.06%
GEN	B	0.06%
MANH	D	0.06%
JBHT	C	0.06%
NTRA	A	0.06%
CG	B	0.06%
TER	F	0.06%
ARGX	B	0.06%
GRAB	A	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	C	0.06%
PFG	D	0.06%
NDSN	B	0.05%
BSY	F	0.05%
SAIA	B	0.05%
EWBC	A	0.05%
MRNA	F	0.05%
ENTG	D	0.05%
INCY	C	0.05%
SNY	F	0.05%
SFM	A	0.05%
CASY	A	0.05%
LNT	A	0.05%
DOCU	B	0.05%
VTRS	A	0.05%
MORN	B	0.05%
AFRM	A	0.05%
FLEX	B	0.05%
ICLR	D	0.05%
SOFI	B	0.05%
UTHR	C	0.05%
TW	A	0.05%
ARM	F	0.05%
ULTA	F	0.05%
MKTX	D	0.04%
EXEL	B	0.04%
RIVN	F	0.04%
SMCI	F	0.04%
LECO	C	0.04%
SEIC	B	0.04%
TECH	F	0.04%
HST	C	0.04%
NWSA	A	0.04%
NTES	D	0.04%
DUOL	A	0.04%
RPRX	D	0.04%
AAON	B	0.04%
TTEK	F	0.04%
JKHY	D	0.04%
PAA	B	0.04%
PCTY	C	0.04%
LBRDK	C	0.04%
NBIX	C	0.04%
GLPI	C	0.04%
TXRH	B	0.04%
RKLB	A	0.04%
CHRW	B	0.04%
BMRN	F	0.04%
LOGI	D	0.04%
OKTA	C	0.04%
FFIV	B	0.04%
SWKS	F	0.04%
MNDY	C	0.04%
Z	A	0.04%
CPB	D	0.04%
SMMT	D	0.04%
CYBR	A	0.04%
AKAM	D	0.04%
PPC	C	0.04%
REG	A	0.04%
POOL	C	0.04%
EVRG	A	0.04%
DLTR	F	0.04%
BRKR	D	0.03%
CZR	F	0.03%
CVLT	B	0.03%
BOKF	B	0.03%
SAIC	F	0.03%
HSIC	C	0.03%
CSWI	B	0.03%
ZION	B	0.03%
COLB	B	0.03%
CHRD	D	0.03%
LNW	F	0.03%
GLBE	B	0.03%
PNFP	B	0.03%
APA	D	0.03%
GTLB	B	0.03%
OTEX	F	0.03%
FRHC	B	0.03%
ENPH	F	0.03%
PEGA	B	0.03%
ROIV	C	0.03%
MTCH	D	0.03%
SIRI	C	0.03%
HLNE	B	0.03%
NICE	D	0.03%
ROKU	D	0.03%
FOX	A	0.03%
AAL	B	0.03%
HQY	A	0.03%
PARA	C	0.03%
MASI	B	0.03%
ITCI	C	0.03%
HAS	D	0.03%
WYNN	C	0.03%
MEDP	D	0.03%
DOX	D	0.03%
FYBR	C	0.03%
LKQ	F	0.03%
WING	D	0.03%
CHDN	B	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	C	0.03%
LAMR	C	0.03%
FOXA	A	0.03%
BNTX	C	0.03%
COKE	C	0.03%
CBSH	B	0.03%
RGLD	C	0.03%
SRPT	F	0.03%
WIX	A	0.03%
WTFC	A	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
SFNC	C	0.02%
VERX	A	0.02%
GSHD	A	0.02%
OZK	B	0.02%
VIRT	A	0.02%
WDFC	B	0.02%
VRRM	F	0.02%
WBA	F	0.02%
TBBK	B	0.02%
GH	B	0.02%
TGTX	B	0.02%
FTDR	B	0.02%
WSFS	B	0.02%
AUR	C	0.02%
CCOI	B	0.02%
GLNG	C	0.02%
MGEE	B	0.02%
FRSH	B	0.02%
ALGM	D	0.02%
IPAR	B	0.02%
CVCO	A	0.02%
SKYW	C	0.02%
PI	D	0.02%
CATY	B	0.02%
BLKB	B	0.02%
APPF	B	0.02%
AEIS	C	0.02%
KRYS	C	0.02%
KTOS	B	0.02%
DORM	B	0.02%
NWS	A	0.02%
LOPE	C	0.02%
ALKT	B	0.02%
CHCI	D	0.02%
NWL	C	0.02%
COLM	C	0.02%
BBIO	F	0.02%
ACLX	C	0.02%
CRNX	C	0.02%
VICR	C	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	B	0.02%
BGC	C	0.02%
CALM	A	0.02%
PAYO	A	0.02%
TCBI	C	0.02%
ALKS	C	0.02%
IEP	F	0.02%
WMG	D	0.02%
CRUS	D	0.02%
VCTR	B	0.02%
ROAD	B	0.02%
PECO	A	0.02%
SANM	B	0.02%
DJT	C	0.02%
EEFT	B	0.02%
PLXS	B	0.02%
IBOC	B	0.02%
INTA	B	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	C	0.02%
USLM	A	0.02%
IONS	F	0.02%
VKTX	F	0.02%
NCNO	C	0.02%
PRCT	B	0.02%
ITRI	C	0.02%
QLYS	B	0.02%
CROX	D	0.02%
EXPO	D	0.02%
HALO	F	0.02%
ONB	C	0.02%
BECN	B	0.02%
STEP	C	0.02%
FELE	B	0.02%
CYTK	F	0.02%
RMBS	B	0.02%
VRNS	D	0.02%
COOP	B	0.02%
TENB	C	0.02%
VLY	B	0.02%
BPOP	C	0.02%
SITM	B	0.02%
CHX	C	0.02%
AGNC	C	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	A	0.02%
HTHT	D	0.02%
WFRD	D	0.02%
MARA	B	0.02%
ACT	C	0.02%
AVAV	C	0.02%
RDNT	B	0.02%
UBSI	B	0.02%
QXO	D	0.02%
LFUS	D	0.02%
WSC	F	0.02%
LITE	B	0.02%
OLLI	D	0.02%
UPST	B	0.02%
STRL	A	0.02%
ACIW	B	0.02%
CGNX	D	0.02%
RCM	A	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
QRVO	F	0.02%
IESC	C	0.02%
UMBF	B	0.02%
CFLT	B	0.02%
RGEN	D	0.02%
EXLS	B	0.02%
NOVT	D	0.02%
ENSG	C	0.02%
XP	F	0.02%
CRVL	B	0.02%
UFPI	C	0.02%
MAT	D	0.02%
CRDO	B	0.02%
TPG	A	0.02%
MIDD	C	0.02%
FRPT	A	0.02%
OLED	F	0.02%
LYFT	C	0.02%
SPSC	D	0.02%
LSCC	D	0.02%
JAZZ	B	0.02%
ASND	F	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	F	0.01%
PSNY	F	0.01%
GRFS	C	0.01%
JACK	C	0.01%
CNTA	B	0.01%
BCYC	F	0.01%
BLBD	D	0.01%
GSM	D	0.01%
CNSL	C	0.01%
SAVA	C	0.01%
EBTC	C	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	B	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	B	0.01%
AMRK	F	0.01%
PLUG	F	0.01%
ICHR	C	0.01%
TTGT	B	0.01%
TRDA	C	0.01%
STAA	F	0.01%
ASTL	B	0.01%
KC	B	0.01%
VRNT	C	0.01%
HROW	D	0.01%
NSSC	D	0.01%
VITL	D	0.01%
SPRY	C	0.01%
AOSL	C	0.01%
THRM	F	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	C	0.01%
IBUY	B	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	B	0.01%
AVO	C	0.01%
SPT	C	0.01%
CMCO	C	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	B	0.01%
FLYW	B	0.01%
DOOO	F	0.01%
PFC	B	0.01%
SOUN	B	0.01%
DAWN	D	0.01%
UCTT	D	0.01%
TNDM	D	0.01%
SNDX	F	0.01%
MRTN	D	0.01%
UDMY	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	B	0.01%
RDWR	B	0.01%
TVTX	C	0.01%
DLO	C	0.01%
XRX	F	0.01%
SCSC	C	0.01%
FTRE	D	0.01%
NAVI	F	0.01%
INFN	D	0.01%
INVA	D	0.01%
UNIT	B	0.01%
PDCO	F	0.01%
ECPG	C	0.01%
HBNC	B	0.01%
CRAI	C	0.01%
CENTA	C	0.01%
ARVN	F	0.01%
MBUU	B	0.01%
QNST	B	0.01%
WABC	B	0.01%
SAFT	B	0.01%
ANDE	D	0.01%
ACLS	F	0.01%
IAS	C	0.01%
MCRI	A	0.01%
ATEX	F	0.01%
WINA	C	0.01%
ENVX	F	0.01%
HAIN	D	0.01%
IREN	C	0.01%
PCT	C	0.01%
TWST	F	0.01%
NVCR	C	0.01%
RXST	F	0.01%
CRTO	D	0.01%
NEO	C	0.01%
AMSF	B	0.01%
FA	C	0.01%
PEBO	B	0.01%
MSEX	C	0.01%
PFBC	B	0.01%
TCBK	C	0.01%
ULH	C	0.01%
NEXT	C	0.01%
AKRO	B	0.01%
AZTA	D	0.01%
GDYN	B	0.01%
UPBD	B	0.01%
PAGP	A	0.01%
AXNX	A	0.01%
AUPH	B	0.01%
CNXN	C	0.01%
DGII	C	0.01%
CSGS	B	0.01%
HRMY	D	0.01%
MNKD	C	0.01%
HTZ	C	0.01%
OCFC	B	0.01%
MQ	D	0.01%
ERII	D	0.01%
RUN	F	0.01%
CHEF	A	0.01%
LBPH	A	0.01%
APOG	C	0.01%
VC	F	0.01%
MLKN	F	0.01%
PTGX	D	0.01%
AY	A	0.01%
ATSG	B	0.01%
DVAX	C	0.01%
TARS	C	0.01%
BUSE	B	0.01%
DNUT	F	0.01%
TMDX	F	0.01%
VSEC	C	0.01%
RRR	F	0.01%
IDYA	F	0.01%
TRMD	F	0.01%
GTX	C	0.01%
BEAM	D	0.01%
GABC	B	0.01%
LKFN	C	0.01%
ZLAB	C	0.01%
INBK	B	0.01%
JANX	C	0.01%
HPK	B	0.01%
RIOT	C	0.01%
LGIH	F	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	F	0.01%
DIOD	D	0.01%
VMEO	B	0.01%
MBIN	F	0.01%
VERA	C	0.01%
APPN	B	0.01%
ATAT	C	0.01%
NWBI	B	0.01%
ROIC	A	0.01%
JAMF	F	0.01%
EXTR	C	0.01%
ADUS	D	0.01%
STRA	C	0.01%
CAKE	C	0.01%
EVCM	B	0.01%
HOPE	C	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%
PLUS	F	0.01%
PRDO	B	0.01%
ROCK	C	0.01%
RPD	B	0.01%
WERN	C	0.01%
IRTC	C	0.01%
VBTX	B	0.01%
SASR	B	0.01%
CHCO	B	0.01%
XPEL	B	0.01%
LAUR	A	0.01%
DCOM	B	0.01%
LGND	C	0.01%
NMRK	C	0.01%
CGON	F	0.01%
ALHC	C	0.01%
PRVA	C	0.01%
ARWR	D	0.01%
WSBC	B	0.01%
NNBR	C	0.01%
CAR	C	0.01%
ARCB	C	0.01%
CLBK	C	0.01%
SYBT	B	0.01%
AMRX	C	0.01%
OSW	B	0.01%
SBCF	B	0.01%
PINC	B	0.01%
FLNC	D	0.01%
TTMI	C	0.01%
AMPH	F	0.01%
FRME	B	0.01%
VRNA	B	0.01%
UFPT	C	0.01%
WEN	D	0.01%
WULF	C	0.01%
CASH	B	0.01%
MGNI	B	0.01%
KROS	D	0.01%
PSMT	D	0.01%
GOGL	F	0.01%
CIFR	C	0.01%
IDCC	B	0.01%
HURN	C	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%
EFSC	B	0.01%
FBNC	B	0.01%
XRAY	F	0.01%
HEES	C	0.01%
KLIC	B	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
TRMK	C	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	C	0.01%
FFBC	B	0.01%
APLS	F	0.01%
MRUS	F	0.01%
SMTC	B	0.01%
TFIN	B	0.01%
CENX	B	0.01%
PLTK	B	0.01%
MIRM	B	0.01%
OSIS	A	0.01%
HCP	B	0.01%
GGAL	B	0.01%
ASTE	C	0.01%
FROG	C	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
EXPI	D	0.01%
NBTB	B	0.01%
BRZE	C	0.01%
SYNA	C	0.01%
SHOO	F	0.01%
VCEL	B	0.01%
ERIC	C	0.01%
MRCY	C	0.01%
SGRY	F	0.01%
BANR	B	0.01%
OMCL	C	0.01%
SRRK	C	0.01%
MGRC	B	0.01%
NPAB	F	0.01%
PPBI	C	0.01%
PATK	C	0.01%
ACAD	C	0.01%
ACHC	F	0.01%
ATRC	C	0.01%
INDB	B	0.01%
IOSP	C	0.01%
NARI	C	0.01%
FOLD	F	0.01%
SATS	D	0.01%
PLMR	A	0.01%
RBCAA	B	0.01%
ZD	B	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%
RNA	C	0.01%
AVT	C	0.01%
SLAB	F	0.01%
ESGR	B	0.01%
VOD	F	0.01%
POWI	F	0.01%
CARG	B	0.01%
OTTR	C	0.01%
WVE	C	0.01%
IAC	F	0.01%
IRDM	D	0.01%
FULT	A	0.01%
XENE	D	0.01%
JJSF	C	0.01%
PTCT	B	0.01%
IBTX	B	0.01%
URBN	C	0.01%
NMIH	C	0.01%
PENN	C	0.01%
DRVN	B	0.01%
AMBA	B	0.01%
LFST	B	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	F	0.01%
HTLF	B	0.01%
PCH	F	0.01%
BHF	C	0.01%
FIBK	B	0.01%
SMPL	B	0.01%
SNEX	B	0.01%
WAFD	B	0.01%
ASO	F	0.01%
NSIT	F	0.01%
FHB	B	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
AGYS	A	0.01%
POWL	C	0.01%

ONEQ Underweight 83 Positions Relative to SPEM

Symbol	Grade	Weight
BABA	D	-1.92%
HDB	C	-1.23%
IBN	C	-0.92%
INFY	C	-0.88%
NU	C	-0.49%
VALE	F	-0.39%
ITUB	F	-0.37%
PBR	D	-0.28%
YUMC	C	-0.22%
UMC	F	-0.22%
CHT	C	-0.18%
WIT	B	-0.17%
RDY	F	-0.16%
BBD	D	-0.16%
BAP	A	-0.16%
BEKE	D	-0.15%
ERJ	A	-0.13%
ABEV	F	-0.12%
ZTO	F	-0.11%
SCCO	F	-0.11%
CIG	C	-0.1%
GGB	C	-0.08%
XPEV	C	-0.08%
EBR	F	-0.08%
NIO	F	-0.07%
BVN	D	-0.06%
YMM	C	-0.06%
ASAI	F	-0.06%
TME	D	-0.06%
VIPS	F	-0.05%
TAL	F	-0.05%
ENIC	B	-0.05%
SUZ	B	-0.04%
VIST	B	-0.04%
CIB	B	-0.04%
BRFS	C	-0.04%
CSAN	F	-0.03%
SBSW	D	-0.03%
DQ	F	-0.02%
HEPS	C	-0.02%
ATHM	C	-0.02%
PAGS	F	-0.02%
VALE	F	-0.02%
MNSO	D	-0.02%
SID	F	-0.02%
BCH	C	-0.02%
DDL	C	-0.01%
DAC	C	-0.01%
GOTU	F	-0.01%
TIGR	D	-0.01%
EH	D	-0.01%
TEN	F	-0.01%
HIMX	F	-0.01%
BLTE	B	-0.01%
BWMX	F	-0.01%
SB	F	-0.01%
VTEX	F	-0.01%
JKS	F	-0.01%
BAK	F	-0.01%
RLX	C	-0.01%
GPI	B	-0.0%
VSTA	F	-0.0%
IH	F	-0.0%
NIU	F	-0.0%
TUYA	D	-0.0%
DADA	F	-0.0%
DOYU	C	-0.0%
HUYA	F	-0.0%
DSX	F	-0.0%
BTBT	C	-0.0%
SOHU	F	-0.0%
CBAT	F	-0.0%
CAN	C	-0.0%
CINT	C	-0.0%
NEXA	B	-0.0%
NOAH	D	-0.0%
LX	B	-0.0%
FINV	B	-0.0%
API	B	-0.0%
AFYA	F	-0.0%
VNET	B	-0.0%
YALA	D	-0.0%
RERE	C	-0.0%