ONEQ vs. VONV ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Vanguard Russell 1000 Value ETF (VONV)

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

VONV

Vanguard Russell 1000 Value ETF

VONV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000Â® Value Index. The index is designed to measure the performance of large-capitalization value stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	VONV
30 Days	4.10%	3.51%
60 Days	5.77%	4.96%
90 Days	6.51%	7.00%
12 Months	33.93%	29.73%

233 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in VONV	Overlap
AAL	B	0.03%	0.03%	0.03%
ACGL	D	0.13%	0.14%	0.13%
ACHC	F	0.01%	0.02%	0.01%
ADI	D	0.34%	0.44%	0.34%
ADP	B	0.4%	0.03%	0.03%
AEP	D	0.16%	0.21%	0.16%
AFRM	B	0.05%	0.04%	0.04%
AGNC	D	0.02%	0.03%	0.02%
AKAM	D	0.04%	0.06%	0.04%
ALGM	D	0.02%	0.01%	0.01%
ALGN	D	0.06%	0.03%	0.03%
ALNY	D	0.1%	0.02%	0.02%
AMAT	F	0.46%	0.05%	0.05%
AMD	F	0.72%	0.32%	0.32%
AMED	F	0.01%	0.01%	0.01%
AMGN	D	0.5%	0.15%	0.15%
AMKR	D	0.02%	0.01%	0.01%
ANSS	B	0.09%	0.11%	0.09%
APA	D	0.03%	0.03%	0.03%
AVT	C	0.01%	0.02%	0.01%
AZTA	D	0.01%	0.01%	0.01%
BHF	B	0.01%	0.01%	0.01%
BIIB	F	0.08%	0.1%	0.08%
BKNG	A	0.54%	0.04%	0.04%
BKR	B	0.14%	0.15%	0.14%
BMRN	D	0.04%	0.05%	0.04%
BOKF	B	0.03%	0.01%	0.01%
BPOP	B	0.02%	0.02%	0.02%
BRKR	D	0.03%	0.01%	0.01%
CACC	D	0.02%	0.0%	0.0%
CAR	C	0.01%	0.0%	0.0%
CASY	A	0.05%	0.05%	0.05%
CBSH	A	0.03%	0.03%	0.03%
CDW	F	0.08%	0.05%	0.05%
CEG	D	0.23%	0.28%	0.23%
CG	A	0.06%	0.04%	0.04%
CGNX	C	0.02%	0.03%	0.02%
CHRD	D	0.03%	0.03%	0.03%
CHRW	C	0.04%	0.05%	0.04%
CHTR	C	0.19%	0.12%	0.12%
CINF	A	0.07%	0.09%	0.07%
CMCSA	B	0.54%	0.67%	0.54%
CME	A	0.27%	0.32%	0.27%
CNXC	F	0.01%	0.01%	0.01%
COIN	C	0.21%	0.02%	0.02%
COKE	C	0.03%	0.03%	0.03%
COLB	A	0.03%	0.02%	0.02%
COLM	B	0.02%	0.01%	0.01%
CPB	D	0.04%	0.04%	0.04%
CPRT	A	0.18%	0.01%	0.01%
CROX	D	0.02%	0.02%	0.02%
CRUS	D	0.02%	0.02%	0.02%
CSCO	B	0.76%	0.89%	0.76%
CSGP	D	0.1%	0.12%	0.1%
CSX	B	0.21%	0.26%	0.21%
CTAS	B	0.27%	0.01%	0.01%
CTSH	B	0.13%	0.15%	0.13%
CZR	F	0.03%	0.03%	0.03%
DASH	A	0.22%	0.03%	0.03%
DBX	B	0.02%	0.02%	0.02%
DJT	C	0.02%	0.0%	0.0%
DLTR	F	0.04%	0.05%	0.04%
DOX	D	0.03%	0.04%	0.03%
EA	A	0.14%	0.16%	0.14%
EBAY	D	0.1%	0.12%	0.1%
EEFT	B	0.02%	0.02%	0.02%
EQIX	A	0.28%	0.33%	0.28%
ETSY	D	0.02%	0.01%	0.01%
EVRG	A	0.04%	0.05%	0.04%
EWBC	A	0.05%	0.05%	0.05%
EXAS	D	0.03%	0.03%	0.03%
EXC	C	0.13%	0.16%	0.13%
EXEL	B	0.04%	0.01%	0.01%
FANG	D	0.17%	0.13%	0.13%
FAST	B	0.16%	0.03%	0.03%
FCNCA	A	0.1%	0.09%	0.09%
FFIV	B	0.04%	0.05%	0.04%
FHB	A	0.01%	0.01%	0.01%
FITB	A	0.09%	0.12%	0.09%
FIVE	F	0.02%	0.0%	0.0%
FOX	A	0.03%	0.02%	0.02%
FOXA	B	0.03%	0.04%	0.03%
FRPT	B	0.02%	0.02%	0.02%
FSLR	F	0.07%	0.08%	0.07%
FTNT	C	0.24%	0.04%	0.04%
FTRE	D	0.01%	0.01%	0.01%
FYBR	D	0.03%	0.04%	0.03%
GEHC	F	0.12%	0.14%	0.12%
GEN	B	0.06%	0.06%	0.06%
GFS	C	0.08%	0.01%	0.01%
GILD	C	0.36%	0.44%	0.36%
GLPI	C	0.04%	0.05%	0.04%
GNTX	C	0.02%	0.03%	0.02%
HAS	D	0.03%	0.0%	0.0%
HBAN	A	0.08%	0.09%	0.08%
HCP	B	0.01%	0.0%	0.0%
HOLX	D	0.06%	0.07%	0.06%
HON	B	0.49%	0.45%	0.45%
HOOD	B	0.08%	0.06%	0.06%
HSIC	B	0.03%	0.04%	0.03%
HST	C	0.04%	0.05%	0.04%
IAC	D	0.01%	0.01%	0.01%
IBKR	A	0.07%	0.06%	0.06%
ILMN	D	0.07%	0.09%	0.07%
INCY	C	0.05%	0.04%	0.04%
INTC	D	0.35%	0.37%	0.35%
IONS	F	0.02%	0.0%	0.0%
IRDM	D	0.01%	0.01%	0.01%
JAZZ	B	0.02%	0.03%	0.02%
JBHT	C	0.06%	0.06%	0.06%
JKHY	D	0.04%	0.05%	0.04%
KDP	D	0.14%	0.15%	0.14%
KHC	F	0.12%	0.12%	0.12%
LAMR	D	0.03%	0.03%	0.03%
LBRDA	C	0.01%	0.0%	0.0%
LBRDK	C	0.04%	0.03%	0.03%
LCID	F	0.02%	0.01%	0.01%
LECO	B	0.04%	0.03%	0.03%
LFUS	F	0.02%	0.02%	0.02%
LIN	D	0.69%	0.88%	0.69%
LITE	B	0.02%	0.02%	0.02%
LKQ	D	0.03%	0.04%	0.03%
LNT	A	0.05%	0.06%	0.05%
LOPE	B	0.02%	0.01%	0.01%
LSCC	D	0.02%	0.0%	0.0%
LSTR	D	0.02%	0.03%	0.02%
LYFT	C	0.02%	0.01%	0.01%
MAR	B	0.25%	0.24%	0.24%
MASI	A	0.03%	0.01%	0.01%
MAT	D	0.02%	0.03%	0.02%
MCHP	D	0.11%	0.16%	0.11%
MDLZ	F	0.28%	0.37%	0.28%
MIDD	C	0.02%	0.03%	0.02%
MKSI	C	0.02%	0.03%	0.02%
MKTX	D	0.04%	0.04%	0.04%
MNST	C	0.17%	0.03%	0.03%
MRNA	F	0.05%	0.07%	0.05%
MRVL	B	0.25%	0.25%	0.25%
MSTR	C	0.2%	0.14%	0.14%
MTCH	D	0.03%	0.04%	0.03%
MTSI	B	0.03%	0.03%	0.03%
MU	D	0.35%	0.44%	0.35%
NCNO	B	0.02%	0.0%	0.0%
NDAQ	A	0.15%	0.12%	0.12%
NDSN	B	0.05%	0.06%	0.05%
NTAP	C	0.08%	0.05%	0.05%
NTNX	A	0.06%	0.04%	0.04%
NTRS	A	0.07%	0.08%	0.07%
NWL	B	0.02%	0.01%	0.01%
NWS	B	0.02%	0.01%	0.01%
NWSA	B	0.04%	0.04%	0.04%
NXST	C	0.02%	0.01%	0.01%
OKTA	C	0.04%	0.03%	0.03%
OLED	D	0.02%	0.02%	0.02%
OLLI	D	0.02%	0.02%	0.02%
ON	D	0.1%	0.12%	0.1%
ORLY	B	0.23%	0.02%	0.02%
OZK	B	0.02%	0.02%	0.02%
PARA	C	0.03%	0.03%	0.03%
PAYX	C	0.17%	0.11%	0.11%
PCAR	B	0.19%	0.21%	0.19%
PENN	C	0.01%	0.01%	0.01%
PEP	F	0.7%	0.19%	0.19%
PFG	D	0.06%	0.08%	0.06%
PINC	B	0.01%	0.01%	0.01%
PLTK	B	0.01%	0.0%	0.0%
PNFP	B	0.03%	0.03%	0.03%
PPC	C	0.04%	0.01%	0.01%
PTC	A	0.07%	0.03%	0.03%
PYCR	C	0.01%	0.0%	0.0%
PYPL	B	0.29%	0.32%	0.29%
QCOM	F	0.59%	0.05%	0.05%
QRVO	F	0.02%	0.03%	0.02%
RCM	F	0.02%	0.01%	0.01%
REG	B	0.04%	0.05%	0.04%
REGN	F	0.27%	0.32%	0.27%
REYN	D	0.02%	0.01%	0.01%
RGEN	D	0.02%	0.03%	0.02%
RGLD	C	0.03%	0.04%	0.03%
RIVN	F	0.04%	0.03%	0.03%
ROIV	C	0.03%	0.02%	0.02%
ROKU	D	0.03%	0.03%	0.03%
ROP	B	0.19%	0.23%	0.19%
ROST	C	0.15%	0.14%	0.14%
RPRX	D	0.04%	0.04%	0.04%
SAIA	B	0.05%	0.02%	0.02%
SAIC	F	0.03%	0.03%	0.03%
SBAC	D	0.08%	0.1%	0.08%
SBUX	A	0.37%	0.1%	0.1%
SEIC	B	0.04%	0.03%	0.03%
SHC	F	0.02%	0.01%	0.01%
SIRI	C	0.03%	0.03%	0.03%
SLM	A	0.02%	0.02%	0.02%
SOFI	A	0.05%	0.04%	0.04%
SSNC	B	0.06%	0.06%	0.06%
STLD	B	0.07%	0.08%	0.07%
SWKS	F	0.04%	0.06%	0.04%
TECH	D	0.04%	0.05%	0.04%
TER	D	0.06%	0.01%	0.01%
TFSL	A	0.02%	0.0%	0.0%
TMUS	B	0.89%	0.43%	0.43%
TPG	A	0.02%	0.02%	0.02%
TRMB	B	0.06%	0.06%	0.06%
TROW	B	0.08%	0.1%	0.08%
TTEK	F	0.04%	0.04%	0.04%
TTWO	A	0.1%	0.11%	0.1%
TW	A	0.05%	0.04%	0.04%
TXG	F	0.01%	0.0%	0.0%
TXN	C	0.59%	0.65%	0.59%
UAL	A	0.1%	0.1%	0.1%
ULTA	F	0.05%	0.01%	0.01%
UTHR	C	0.05%	0.07%	0.05%
VIRT	B	0.02%	0.01%	0.01%
VRSN	F	0.06%	0.06%	0.06%
VRTX	F	0.39%	0.25%	0.25%
VTRS	A	0.05%	0.06%	0.05%
WBA	F	0.02%	0.03%	0.02%
WBD	C	0.08%	0.08%	0.08%
WDC	D	0.07%	0.09%	0.07%
WEN	D	0.01%	0.01%	0.01%
WSC	D	0.02%	0.02%	0.02%
WTFC	A	0.03%	0.03%	0.03%
WTW	B	0.11%	0.12%	0.11%
WWD	B	0.03%	0.04%	0.03%
WYNN	D	0.03%	0.04%	0.03%
XEL	A	0.13%	0.15%	0.13%
XP	F	0.02%	0.03%	0.02%
XRAY	F	0.01%	0.02%	0.01%
Z	A	0.04%	0.03%	0.03%
ZBRA	B	0.07%	0.06%	0.06%
ZG	A	0.01%	0.02%	0.01%
ZION	B	0.03%	0.03%	0.03%
ZM	B	0.07%	0.08%	0.07%

ONEQ Overweight 597 Positions Relative to VONV

Symbol	Grade	Weight
NVDA	C	11.52%
AAPL	C	11.32%
MSFT	F	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	B	1.33%
NFLX	A	1.17%
ADBE	C	0.74%
INTU	C	0.63%
ISRG	A	0.61%
PANW	C	0.41%
MELI	D	0.32%
LRCX	F	0.3%
APP	B	0.28%
KLAC	D	0.27%
CRWD	B	0.26%
CDNS	B	0.26%
SNPS	B	0.26%
PDD	F	0.25%
ASML	F	0.21%
ADSK	A	0.21%
ABNB	C	0.19%
NXPI	D	0.18%
WDAY	B	0.18%
TTD	B	0.17%
ODFL	B	0.15%
AXON	A	0.14%
DDOG	A	0.13%
TEAM	A	0.13%
VRSK	A	0.13%
AZN	D	0.12%
LULU	C	0.12%
CCEP	C	0.11%
IDXX	F	0.11%
ZS	C	0.1%
TSCO	D	0.1%
DXCM	D	0.1%
MPWR	F	0.09%
TCOM	B	0.08%
LPLA	A	0.08%
ERIE	D	0.07%
STX	D	0.07%
MDB	C	0.07%
EXPE	B	0.07%
JD	D	0.06%
MANH	D	0.06%
NTRA	B	0.06%
ARGX	A	0.06%
GRAB	B	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	D	0.06%
BSY	D	0.05%
ENTG	D	0.05%
SNY	F	0.05%
SFM	A	0.05%
DOCU	A	0.05%
MORN	B	0.05%
FLEX	A	0.05%
ICLR	D	0.05%
ARM	D	0.05%
SMCI	F	0.04%
NTES	D	0.04%
DUOL	A	0.04%
AAON	B	0.04%
PAA	B	0.04%
PCTY	B	0.04%
NBIX	C	0.04%
TXRH	C	0.04%
RKLB	B	0.04%
BIDU	F	0.04%
LOGI	D	0.04%
MNDY	C	0.04%
SMMT	D	0.04%
CYBR	B	0.04%
POOL	C	0.04%
CVLT	B	0.03%
CSWI	A	0.03%
LNW	D	0.03%
GLBE	B	0.03%
GTLB	B	0.03%
OTEX	D	0.03%
FRHC	B	0.03%
ENPH	F	0.03%
PEGA	A	0.03%
HLNE	B	0.03%
NICE	C	0.03%
HQY	B	0.03%
ITCI	C	0.03%
MEDP	D	0.03%
WING	D	0.03%
CHDN	B	0.03%
BGNE	D	0.03%
RVMD	C	0.03%
FUTU	D	0.03%
PCVX	D	0.03%
INSM	C	0.03%
BNTX	D	0.03%
SRPT	D	0.03%
WIX	B	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
SFNC	B	0.02%
VERX	B	0.02%
GSHD	A	0.02%
WDFC	B	0.02%
VRRM	D	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%
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%
LI	F	0.02%
ALKT	B	0.02%
CHCI	D	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%
SBRA	C	0.02%
AXSM	B	0.02%
FIZZ	C	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%
VCTR	B	0.02%
ROAD	A	0.02%
PECO	A	0.02%
SANM	B	0.02%
PLXS	B	0.02%
IBOC	A	0.02%
INTA	A	0.02%
TIGO	D	0.02%
NUVL	D	0.02%
USLM	A	0.02%
VKTX	F	0.02%
PRCT	B	0.02%
ITRI	B	0.02%
QLYS	C	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%
SITM	B	0.02%
CHX	C	0.02%
HWC	B	0.02%
ALTR	B	0.02%
CELH	F	0.02%
CWST	A	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%
UPST	B	0.02%
STRL	B	0.02%
ACIW	B	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
IESC	B	0.02%
UMBF	B	0.02%
CFLT	B	0.02%
EXLS	B	0.02%
NOVT	D	0.02%
ENSG	D	0.02%
CRVL	A	0.02%
UFPI	B	0.02%
MMYT	B	0.02%
CRDO	B	0.02%
SPSC	C	0.02%
ASND	D	0.02%
FFIN	B	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%
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%
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%
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%
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%
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%
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%
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%
ARCB	C	0.01%
CLBK	B	0.01%
SYBT	B	0.01%
AMRX	C	0.01%
OSW	A	0.01%
SBCF	A	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%
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%
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%
MIRM	B	0.01%
OSIS	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%
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%
HWKN	B	0.01%
TOWN	B	0.01%
BL	B	0.01%
LEGN	F	0.01%
RNA	D	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%
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%
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%
FIBK	A	0.01%
SMPL	B	0.01%
SNEX	B	0.01%
WAFD	B	0.01%
ASO	F	0.01%
NSIT	F	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
AGYS	A	0.01%
POWL	C	0.01%

ONEQ Underweight 609 Positions Relative to VONV

Symbol	Grade	Weight
BRK.A	B	-3.3%
JPM	A	-2.55%
XOM	B	-2.1%
UNH	C	-1.94%
JNJ	D	-1.54%
WMT	A	-1.42%
PG	A	-1.21%
BAC	A	-1.14%
CVX	A	-1.03%
WFC	A	-0.91%
ACN	C	-0.87%
TMO	F	-0.84%
PM	B	-0.83%
ABBV	D	-0.82%
MCD	D	-0.79%
ABT	B	-0.78%
IBM	C	-0.76%
DIS	B	-0.71%
VZ	C	-0.71%
T	A	-0.65%
NEE	D	-0.65%
PFE	D	-0.64%
RTX	C	-0.64%
CAT	B	-0.63%
DHR	F	-0.63%
LOW	D	-0.6%
SPGI	C	-0.6%
GE	D	-0.59%
BLK	C	-0.58%
ETN	A	-0.53%
MS	A	-0.51%
COP	C	-0.51%
C	A	-0.49%
BSX	B	-0.49%
GS	A	-0.48%
CB	C	-0.46%
MDT	D	-0.46%
BMY	B	-0.45%
KO	D	-0.43%
PLD	D	-0.42%
DE	A	-0.41%
SO	D	-0.4%
UPS	C	-0.39%
AXP	A	-0.38%
SCHW	B	-0.38%
MMC	B	-0.37%
MO	A	-0.37%
DUK	C	-0.36%
SYK	C	-0.36%
ICE	C	-0.35%
BA	F	-0.34%
WELL	A	-0.33%
GEV	B	-0.33%
HD	A	-0.32%
ELV	F	-0.32%
LMT	D	-0.32%
GD	F	-0.32%
CI	F	-0.32%
PH	A	-0.32%
FI	A	-0.31%
UNP	C	-0.3%
PNC	B	-0.3%
USB	A	-0.3%
CVS	D	-0.29%
AON	A	-0.29%
APD	A	-0.28%
TGT	F	-0.28%
EOG	A	-0.28%
NOC	D	-0.28%
KKR	A	-0.27%
BDX	F	-0.27%
FCX	D	-0.26%
COF	B	-0.25%
EMR	A	-0.25%
FDX	B	-0.25%
WMB	A	-0.25%
AJG	B	-0.23%
OKE	A	-0.23%
NSC	B	-0.23%
TDG	D	-0.23%
GM	B	-0.23%
SLB	C	-0.23%
TFC	A	-0.23%
DLR	B	-0.23%
MMM	D	-0.23%
AFL	B	-0.23%
TT	A	-0.22%
BK	A	-0.22%
TRV	B	-0.22%
MPC	D	-0.21%
O	D	-0.21%
TJX	A	-0.21%
NEM	D	-0.21%
SRE	A	-0.21%
AIG	B	-0.2%
CARR	D	-0.2%
D	C	-0.2%
DHI	D	-0.2%
FIS	C	-0.2%
PSX	C	-0.2%
HCA	F	-0.2%
CCI	D	-0.19%
LHX	C	-0.19%
KMI	A	-0.19%
ITW	B	-0.19%
KVUE	A	-0.18%
PRU	A	-0.18%
PSA	D	-0.18%
PEG	A	-0.18%
CMI	A	-0.18%
MET	A	-0.18%
ALL	A	-0.17%
VLO	C	-0.17%
CRM	B	-0.17%
JCI	C	-0.17%
AME	A	-0.17%
CTVA	C	-0.17%
PCG	A	-0.17%
MSI	B	-0.16%
OTIS	C	-0.16%
CBRE	B	-0.16%
F	C	-0.16%
RSG	A	-0.16%
LEN	D	-0.16%
SPG	B	-0.16%
URI	B	-0.16%
GLW	B	-0.15%
DAL	C	-0.15%
MCK	B	-0.15%
KR	B	-0.15%
STZ	D	-0.15%
DFS	B	-0.15%
HWM	A	-0.15%
GIS	D	-0.15%
A	D	-0.15%
IR	B	-0.15%
NUE	C	-0.14%
EXR	D	-0.14%
CL	D	-0.14%
MLM	B	-0.14%
DD	D	-0.14%
DOW	F	-0.14%
ED	D	-0.14%
NKE	D	-0.14%
EIX	B	-0.13%
AVB	B	-0.13%
RCL	A	-0.13%
HIG	B	-0.13%
MTB	A	-0.13%
EW	C	-0.13%
CNC	D	-0.13%
IQV	D	-0.13%
WAB	B	-0.13%
ETR	B	-0.13%
APH	A	-0.13%
VICI	C	-0.13%
OXY	D	-0.13%
PPG	F	-0.12%
XYL	D	-0.12%
WEC	A	-0.12%
PWR	A	-0.12%
GRMN	B	-0.12%
HUM	C	-0.12%
ADM	D	-0.11%
HPQ	B	-0.11%
GPN	B	-0.11%
VTR	C	-0.11%
EQR	B	-0.11%
KMB	D	-0.11%
SW	A	-0.11%
PHM	D	-0.11%
VMC	B	-0.11%
AWK	D	-0.11%
MTD	D	-0.11%
ROK	B	-0.11%
STT	A	-0.11%
RJF	A	-0.11%
HLT	A	-0.11%
DELL	C	-0.11%
PPL	B	-0.1%
FE	C	-0.1%
DVN	F	-0.1%
CHD	B	-0.1%
HAL	C	-0.1%
LDOS	C	-0.1%
FTV	C	-0.1%
HPE	B	-0.1%
IFF	D	-0.1%
RMD	C	-0.1%
NVR	D	-0.1%
DTE	C	-0.1%
DOV	A	-0.1%
KEYS	A	-0.1%
EFX	F	-0.1%
LNG	B	-0.09%
SYF	B	-0.09%
STE	F	-0.09%
ZBH	C	-0.09%
RF	A	-0.09%
CCL	B	-0.09%
HSY	F	-0.09%
PGR	A	-0.09%
CBOE	B	-0.09%
LYB	F	-0.09%
WY	D	-0.09%
YUM	B	-0.09%
HUBB	B	-0.09%
ES	D	-0.09%
AEE	A	-0.09%
SQ	B	-0.09%
APO	B	-0.08%
CFG	B	-0.08%
LH	C	-0.08%
INVH	D	-0.08%
IP	B	-0.08%
ARE	D	-0.08%
BBY	D	-0.08%
OMC	C	-0.08%
MKC	D	-0.08%
EQT	B	-0.08%
PKG	A	-0.08%
CMS	C	-0.08%
ATO	A	-0.08%
TDY	B	-0.08%
K	A	-0.08%
IEX	B	-0.07%
RS	B	-0.07%
SUI	D	-0.07%
PNR	A	-0.07%
WSO	A	-0.07%
TSN	B	-0.07%
CSL	C	-0.07%
WRB	A	-0.07%
SNA	A	-0.07%
DGX	A	-0.07%
CVNA	B	-0.07%
J	F	-0.07%
DG	F	-0.07%
MAA	B	-0.07%
MAS	D	-0.07%
CTRA	B	-0.07%
ESS	B	-0.07%
BAX	D	-0.07%
BALL	D	-0.07%
LUV	C	-0.07%
MSCI	C	-0.07%
TRU	D	-0.07%
BLDR	D	-0.07%
CNP	B	-0.07%
CAG	D	-0.06%
UDR	B	-0.06%
RGA	A	-0.06%
VLTO	D	-0.06%
BRO	B	-0.06%
EXPD	D	-0.06%
USFD	A	-0.06%
L	A	-0.06%
SYY	B	-0.06%
SWK	D	-0.06%
ZTS	D	-0.06%
ACM	A	-0.06%
RVTY	F	-0.06%
THC	D	-0.06%
TOL	B	-0.06%
CF	B	-0.06%
TXT	D	-0.06%
MKL	A	-0.06%
AVTR	F	-0.06%
OC	A	-0.06%
IRM	D	-0.06%
APTV	D	-0.06%
MRO	B	-0.06%
RBA	A	-0.06%
FNF	B	-0.06%
KIM	A	-0.06%
DOC	D	-0.06%
NI	A	-0.06%
KEY	B	-0.06%
GPC	D	-0.06%
AMCR	D	-0.06%
FTI	A	-0.05%
ITT	A	-0.05%
SCI	B	-0.05%
AES	F	-0.05%
SJM	D	-0.05%
CLH	B	-0.05%
UHS	D	-0.05%
BG	F	-0.05%
UNM	A	-0.05%
AMH	D	-0.05%
CPT	B	-0.05%
WPC	D	-0.05%
CACI	D	-0.05%
ALLE	D	-0.05%
COHR	B	-0.05%
EMN	D	-0.05%
NVT	B	-0.05%
JBL	B	-0.05%
RPM	A	-0.05%
EME	C	-0.05%
BXP	D	-0.05%
JNPR	F	-0.05%
EG	C	-0.05%
ELS	C	-0.05%
CW	B	-0.05%
HES	B	-0.05%
RNR	C	-0.05%
GGG	B	-0.05%
DTM	B	-0.04%
WST	C	-0.04%
DCI	B	-0.04%
BWXT	B	-0.04%
WBS	A	-0.04%
JLL	D	-0.04%
HRL	D	-0.04%
WAL	B	-0.04%
NYT	C	-0.04%
DRI	B	-0.04%
LAD	A	-0.04%
AOS	F	-0.04%
FRT	B	-0.04%
CRL	C	-0.04%
CIEN	B	-0.04%
REXR	F	-0.04%
AFG	A	-0.04%
AYI	B	-0.04%
ALSN	B	-0.04%
GL	B	-0.04%
DPZ	C	-0.04%
QGEN	D	-0.04%
FHN	A	-0.04%
TFX	F	-0.04%
EVR	B	-0.04%
TAP	C	-0.04%
DAY	B	-0.04%
PRI	A	-0.04%
WTRG	B	-0.04%
CNH	C	-0.04%
EPAM	C	-0.04%
EHC	B	-0.04%
ARMK	B	-0.04%
DKS	C	-0.04%
AIZ	A	-0.04%
PNW	B	-0.04%
AA	B	-0.04%
SOLV	C	-0.04%
EL	F	-0.04%
CE	F	-0.04%
FBIN	D	-0.04%
BLD	D	-0.04%
SF	B	-0.04%
OVV	B	-0.04%
AVY	D	-0.04%
OHI	C	-0.04%
KMX	B	-0.04%
CTLT	B	-0.04%
PFGC	B	-0.04%
CUBE	D	-0.04%
CAH	B	-0.04%
TPR	B	-0.04%
TWLO	A	-0.04%
CCK	C	-0.04%
RRX	B	-0.04%
IPG	D	-0.04%
NRG	B	-0.04%
ATR	B	-0.04%
ALB	C	-0.04%
FDS	B	-0.04%
BJ	A	-0.04%
ARW	D	-0.03%
IVZ	B	-0.03%
WEX	D	-0.03%
BBWI	D	-0.03%
FAF	A	-0.03%
MTG	C	-0.03%
ATI	D	-0.03%
WMS	D	-0.03%
BFAM	D	-0.03%
PB	A	-0.03%
OSK	B	-0.03%
KEX	C	-0.03%
HRB	D	-0.03%
G	B	-0.03%
STAG	F	-0.03%
RHI	B	-0.03%
FCN	D	-0.03%
FND	C	-0.03%
SSD	D	-0.03%
MOH	F	-0.03%
FR	C	-0.03%
FLS	B	-0.03%
BIO	D	-0.03%
ESAB	B	-0.03%
WSM	B	-0.03%
PR	B	-0.03%
MHK	D	-0.03%
GXO	B	-0.03%
FICO	B	-0.03%
RRC	B	-0.03%
SNV	B	-0.03%
CHE	D	-0.03%
ONTO	D	-0.03%
VFC	C	-0.03%
VNO	B	-0.03%
HII	D	-0.03%
COLD	D	-0.03%
ADC	B	-0.03%
SKX	D	-0.03%
WAT	B	-0.03%
CFR	B	-0.03%
SHW	A	-0.03%
AR	B	-0.03%
ACI	C	-0.03%
LW	C	-0.03%
BWA	D	-0.03%
CR	A	-0.03%
MTZ	B	-0.03%
APG	B	-0.03%
NNN	D	-0.03%
RL	B	-0.03%
RBC	A	-0.03%
TKO	B	-0.03%
OGE	B	-0.03%
JEF	A	-0.03%
BERY	B	-0.03%
BRX	A	-0.03%
FMC	D	-0.03%
ECL	D	-0.03%
VOYA	B	-0.03%
CRBG	B	-0.03%
KNX	B	-0.03%
KBR	F	-0.03%
HLI	B	-0.03%
GMED	A	-0.03%
EGP	F	-0.03%
ALLY	C	-0.03%
GWRE	A	-0.03%
GME	C	-0.03%
AXTA	A	-0.03%
WCC	B	-0.03%
GPK	C	-0.03%
TTC	D	-0.03%
CMA	A	-0.03%
MGM	D	-0.03%
MOS	F	-0.03%
BRBR	A	-0.03%
ORI	A	-0.03%
X	C	-0.03%
SNX	C	-0.03%
INGR	B	-0.03%
KMPR	B	-0.02%
MSGS	A	-0.02%
RH	B	-0.02%
HOG	D	-0.02%
TYL	B	-0.02%
AN	C	-0.02%
SITE	D	-0.02%
PAYC	B	-0.02%
GTES	A	-0.02%
W	F	-0.02%
AWI	A	-0.02%
CLF	F	-0.02%
FLO	D	-0.02%
UHAL	D	-0.02%
GAP	C	-0.02%
M	D	-0.02%
ASH	D	-0.02%
SLGN	A	-0.02%
DLB	B	-0.02%
AGO	B	-0.02%
AZO	C	-0.02%
WTM	A	-0.02%
WLK	D	-0.02%
BILL	A	-0.02%
AMP	A	-0.02%
RYN	D	-0.02%
AL	B	-0.02%
CUZ	B	-0.02%
KRC	C	-0.02%
DOCS	C	-0.02%
BYD	C	-0.02%
HXL	D	-0.02%
OLN	D	-0.02%
OGN	D	-0.02%
SN	D	-0.02%
PSN	D	-0.02%
GNRC	B	-0.02%
SEE	C	-0.02%
UGI	A	-0.02%
SON	D	-0.02%
ST	F	-0.02%
FNB	A	-0.02%
KD	B	-0.02%
IDA	A	-0.02%
THO	B	-0.02%
THG	A	-0.02%
JHG	A	-0.02%
TKR	D	-0.02%
POST	C	-0.02%
BC	C	-0.02%
LEA	D	-0.02%
PVH	C	-0.02%
H	B	-0.02%
WHR	B	-0.02%
NFG	A	-0.02%
OMF	A	-0.02%
MTDR	B	-0.02%
SRCL	C	-0.02%
VNT	B	-0.02%
MDU	D	-0.02%
LNC	B	-0.02%
BEN	C	-0.02%
S	B	-0.02%
ALK	C	-0.02%
ESI	A	-0.02%
AXS	A	-0.02%
DINO	D	-0.02%
RLI	B	-0.02%
AMG	B	-0.02%
NOV	C	-0.02%
MSA	D	-0.02%
STWD	C	-0.02%
GWW	B	-0.02%
WH	B	-0.02%
DAR	C	-0.02%
VMI	B	-0.02%
ELAN	D	-0.02%
AGCO	D	-0.02%
R	B	-0.02%
UA	C	-0.01%
SNDR	B	-0.01%
GO	C	-0.01%
LEG	F	-0.01%
TRIP	F	-0.01%
WOLF	F	-0.01%
INFA	D	-0.01%
LEN	D	-0.01%
VSTS	C	-0.01%
BIRK	D	-0.01%
QS	F	-0.01%
UAA	C	-0.01%
AZEK	A	-0.01%
LPX	B	-0.01%
CRI	D	-0.01%
PSTG	D	-0.01%
KSS	F	-0.01%
SAM	C	-0.01%
YETI	C	-0.01%
AAP	C	-0.01%
BR	A	-0.01%
BROS	B	-0.01%
GLOB	B	-0.01%
IPGP	D	-0.01%
RKT	F	-0.01%
ENOV	C	-0.01%
CPRI	F	-0.01%
JWN	C	-0.01%
ADTN	A	-0.01%
EXP	A	-0.01%
HAYW	B	-0.01%
MP	B	-0.01%
HHH	B	-0.01%
SPB	C	-0.01%
CWEN	C	-0.01%
CC	C	-0.01%
AGR	B	-0.01%
CXT	B	-0.01%
VAC	B	-0.01%
CLVT	F	-0.01%
MPW	F	-0.01%
PAG	B	-0.01%
COTY	F	-0.01%
PK	B	-0.01%
NSA	D	-0.01%
CNM	D	-0.01%
MAN	D	-0.01%
WU	D	-0.01%
AM	A	-0.01%
PLNT	A	-0.01%
TNL	A	-0.01%
SPR	D	-0.01%
U	C	-0.01%
EPR	D	-0.01%
ZI	D	-0.01%
PRGO	B	-0.01%
HIW	D	-0.01%
CIVI	D	-0.01%
DXC	B	-0.01%
NEU	C	-0.01%
PII	D	-0.01%
MSM	C	-0.01%
NVST	B	-0.01%
DNB	B	-0.01%
HUN	F	-0.01%
SMG	D	-0.01%
UHAL	D	-0.0%
UWMC	D	-0.0%
SEG	B	-0.0%
NFE	D	-0.0%
CHH	A	-0.0%
UI	A	-0.0%
SEB	F	-0.0%
PATH	C	-0.0%
CWEN	C	-0.0%
MTN	C	-0.0%
CNA	B	-0.0%
DV	C	-0.0%
DDS	B	-0.0%
CERT	F	-0.0%