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

$69.46

Average Daily Volume

312,863

Number of Holdings ^*

829

* 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

$82.29

Average Daily Volume

323,013

Number of Holdings ^*

838

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	VONV
30 Days	-0.16%	2.85%
60 Days	-1.34%	3.60%
90 Days	-1.21%	7.59%
12 Months	29.62%	21.11%

236 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in VONV	Overlap
AAL	D	0.02%	0.03%	0.02%
ACGL	A	0.16%	0.14%	0.14%
ACHC	C	0.03%	0.02%	0.02%
ADI	D	0.39%	0.47%	0.39%
ADP	A	0.4%	0.03%	0.03%
AEP	A	0.19%	0.21%	0.19%
AFRM	C	0.04%	0.03%	0.03%
AGNC	A	0.02%	0.03%	0.02%
AKAM	D	0.05%	0.06%	0.05%
ALGM	D	0.02%	0.01%	0.01%
ALGN	D	0.06%	0.03%	0.03%
ALNY	C	0.12%	0.01%	0.01%
AMAT	D	0.54%	0.06%	0.06%
AMD	D	0.82%	0.32%	0.32%
AMED	D	0.01%	0.01%	0.01%
AMGN	B	0.64%	0.16%	0.16%
AMKR	D	0.03%	0.02%	0.02%
ANSS	D	0.09%	0.11%	0.09%
APA	F	0.03%	0.05%	0.03%
AVT	D	0.01%	0.02%	0.01%
AZTA	D	0.01%	0.01%	0.01%
BHF	F	0.01%	0.01%	0.01%
BIIB	F	0.11%	0.13%	0.11%
BKNG	B	0.46%	0.03%	0.03%
BKR	D	0.12%	0.16%	0.12%
BMRN	F	0.06%	0.07%	0.06%
BOKF	B	0.03%	0.01%	0.01%
BPOP	C	0.02%	0.03%	0.02%
BRKR	D	0.03%	0.01%	0.01%
CACC	F	0.02%	0.01%	0.01%
CACC	F	0.02%	0.0%	0.0%
CAR	F	0.01%	0.0%	0.0%
CASY	C	0.05%	0.05%	0.05%
CBSH	B	0.03%	0.03%	0.03%
CDW	D	0.1%	0.06%	0.06%
CEG	C	0.2%	0.21%	0.2%
CG	D	0.05%	0.04%	0.04%
CGNX	D	0.02%	0.03%	0.02%
CHK	D	0.03%	0.04%	0.03%
CHRD	F	0.03%	0.04%	0.03%
CHRW	C	0.04%	0.04%	0.04%
CHTR	D	0.17%	0.15%	0.15%
CINF	B	0.07%	0.08%	0.07%
CMCSA	D	0.54%	0.66%	0.54%
CME	B	0.28%	0.29%	0.28%
CNXC	D	0.02%	0.01%	0.01%
COIN	F	0.12%	0.03%	0.03%
COKE	C	0.04%	0.03%	0.03%
COLB	C	0.02%	0.02%	0.02%
COLM	B	0.02%	0.01%	0.01%
CPB	B	0.06%	0.04%	0.04%
CPRT	F	0.18%	0.01%	0.01%
CROX	C	0.03%	0.03%	0.03%
CRUS	D	0.03%	0.03%	0.03%
CSCO	C	0.72%	0.81%	0.72%
CSGP	D	0.11%	0.13%	0.11%
CSX	D	0.24%	0.28%	0.24%
CTAS	B	0.29%	0.01%	0.01%
CTSH	B	0.14%	0.15%	0.14%
CZR	D	0.03%	0.04%	0.03%
DASH	C	0.17%	0.02%	0.02%
DBX	D	0.02%	0.02%	0.02%
DLTR	F	0.05%	0.09%	0.05%
DOX	C	0.03%	0.04%	0.03%
EA	C	0.14%	0.17%	0.14%
EBAY	A	0.1%	0.12%	0.1%
EEFT	F	0.02%	0.02%	0.02%
EQIX	B	0.28%	0.29%	0.28%
ETSY	F	0.03%	0.01%	0.01%
EVRG	A	0.05%	0.05%	0.05%
EWBC	D	0.04%	0.05%	0.04%
EXAS	C	0.04%	0.02%	0.02%
EXC	A	0.14%	0.15%	0.14%
EXEL	A	0.03%	0.0%	0.0%
FANG	F	0.12%	0.15%	0.12%
FAST	C	0.13%	0.03%	0.03%
FCNCA	D	0.1%	0.1%	0.1%
FFIV	A	0.04%	0.05%	0.04%
FHB	C	0.01%	0.01%	0.01%
FITB	B	0.1%	0.12%	0.1%
FIVE	D	0.02%	0.0%	0.0%
FOX	C	0.03%	0.02%	0.02%
FOXA	C	0.03%	0.04%	0.03%
FRPT	B	0.03%	0.02%	0.02%
FSLR	D	0.08%	0.09%	0.08%
FTNT	B	0.21%	0.03%	0.03%
FTRE	F	0.01%	0.01%	0.01%
FYBR	C	0.04%	0.03%	0.03%
GEHC	C	0.14%	0.13%	0.13%
GFS	F	0.08%	0.02%	0.02%
GILD	B	0.35%	0.39%	0.35%
GLPI	B	0.05%	0.05%	0.05%
GNTX	F	0.02%	0.03%	0.02%
HAS	B	0.04%	0.0%	0.0%
HBAN	B	0.07%	0.09%	0.07%
HCP	A	0.02%	0.0%	0.0%
HOLX	B	0.06%	0.08%	0.06%
HON	D	0.48%	0.46%	0.46%
HOOD	C	0.05%	0.06%	0.05%
HSIC	D	0.03%	0.04%	0.03%
HST	D	0.04%	0.05%	0.04%
IAC	C	0.02%	0.02%	0.02%
IBKR	B	0.05%	0.05%	0.05%
ILMN	C	0.08%	0.08%	0.08%
INCY	C	0.04%	0.05%	0.04%
INTC	F	0.3%	0.54%	0.3%
IONS	F	0.03%	0.0%	0.0%
IRDM	D	0.01%	0.01%	0.01%
JAZZ	D	0.02%	0.03%	0.02%
JBHT	D	0.06%	0.06%	0.06%
JKHY	A	0.04%	0.05%	0.04%
KDP	B	0.18%	0.15%	0.15%
KHC	C	0.16%	0.13%	0.13%
LAMR	A	0.04%	0.03%	0.03%
LBRDA	D	0.01%	0.0%	0.0%
LBRDK	D	0.03%	0.02%	0.02%
LCID	C	0.04%	0.01%	0.01%
LECO	D	0.03%	0.03%	0.03%
LFUS	D	0.03%	0.03%	0.03%
LIN	B	0.82%	0.89%	0.82%
LITE	C	0.02%	0.01%	0.01%
LKQ	D	0.04%	0.05%	0.04%
LNT	A	0.05%	0.06%	0.05%
LOPE	D	0.02%	0.01%	0.01%
LSCC	D	0.02%	0.0%	0.0%
LSTR	D	0.02%	0.03%	0.02%
LSXMK	D	0.02%	0.02%	0.02%
LYFT	D	0.02%	0.01%	0.01%
MAR	D	0.23%	0.22%	0.22%
MASI	D	0.02%	0.01%	0.01%
MAT	C	0.03%	0.03%	0.03%
MCHP	D	0.15%	0.19%	0.15%
MDLZ	B	0.36%	0.38%	0.36%
MIDD	D	0.03%	0.03%	0.03%
MKSI	F	0.03%	0.03%	0.03%
MKTX	C	0.04%	0.03%	0.03%
MNST	C	0.18%	0.03%	0.03%
MRNA	F	0.1%	0.16%	0.1%
MRVL	C	0.22%	0.22%	0.22%
MSTR	D	0.07%	0.1%	0.07%
MTCH	C	0.04%	0.04%	0.04%
MTSI	D	0.03%	0.02%	0.02%
MU	F	0.36%	0.5%	0.36%
NCNO	F	0.02%	0.0%	0.0%
NDAQ	B	0.15%	0.11%	0.11%
NDSN	C	0.05%	0.06%	0.05%
NFE	F	0.01%	0.0%	0.0%
NTAP	D	0.09%	0.06%	0.06%
NTNX	C	0.06%	0.04%	0.04%
NTRS	B	0.06%	0.07%	0.06%
NWL	C	0.02%	0.01%	0.01%
NWS	D	0.02%	0.01%	0.01%
NWSA	D	0.03%	0.04%	0.03%
NXST	D	0.02%	0.01%	0.01%
OKTA	F	0.05%	0.03%	0.03%
OLED	C	0.03%	0.02%	0.02%
OLLI	C	0.02%	0.02%	0.02%
ON	D	0.11%	0.14%	0.11%
ORLY	B	0.24%	0.02%	0.02%
OZK	D	0.01%	0.02%	0.01%
PARA	F	0.03%	0.03%	0.03%
PAYX	B	0.17%	0.11%	0.11%
PCAR	D	0.18%	0.21%	0.18%
PENN	D	0.01%	0.01%	0.01%
PEP	B	0.88%	0.2%	0.2%
PFG	C	0.06%	0.08%	0.06%
PINC	C	0.01%	0.01%	0.01%
PLTK	D	0.01%	0.0%	0.0%
PNFP	B	0.02%	0.03%	0.02%
PPC	D	0.04%	0.01%	0.01%
PTC	D	0.07%	0.03%	0.03%
PYCR	D	0.01%	0.0%	0.0%
PYPL	B	0.27%	0.28%	0.27%
QCOM	D	0.66%	0.05%	0.05%
QRVO	F	0.03%	0.05%	0.03%
RCM	C	0.02%	0.01%	0.01%
REG	B	0.05%	0.05%	0.05%
REGN	C	0.46%	0.42%	0.42%
REYN	C	0.03%	0.01%	0.01%
RGEN	F	0.03%	0.03%	0.03%
RGLD	B	0.04%	0.04%	0.04%
RIVN	F	0.05%	0.06%	0.05%
ROKU	C	0.03%	0.03%	0.03%
ROP	B	0.21%	0.24%	0.21%
ROST	C	0.18%	0.15%	0.15%
RPRX	C	0.05%	0.05%	0.05%
SAIA	D	0.04%	0.02%	0.02%
SAIC	B	0.02%	0.03%	0.02%
SBAC	B	0.09%	0.1%	0.09%
SBUX	C	0.37%	0.08%	0.08%
SEIC	C	0.03%	0.03%	0.03%
SHC	B	0.02%	0.01%	0.01%
SIRI	C	0.04%	0.0%	0.0%
SLM	D	0.02%	0.02%	0.02%
SOFI	C	0.03%	0.03%	0.03%
SRCL	A	0.01%	0.02%	0.01%
SRCL	A	0.02%	0.02%	0.02%
SSNC	A	0.06%	0.06%	0.06%
STLD	F	0.06%	0.08%	0.06%
SWKS	F	0.06%	0.07%	0.06%
TECH	D	0.04%	0.05%	0.04%
TER	D	0.07%	0.01%	0.01%
TFSL	C	0.02%	0.0%	0.0%
TMUS	A	0.84%	0.36%	0.36%
TPG	B	0.02%	0.01%	0.01%
TRMB	C	0.05%	0.05%	0.05%
TROW	D	0.09%	0.1%	0.09%
TTEK	B	0.04%	0.04%	0.04%
TTWO	D	0.09%	0.1%	0.09%
TW	A	0.05%	0.03%	0.03%
TXG	D	0.01%	0.0%	0.0%
TXN	D	0.67%	0.67%	0.67%
UAL	C	0.05%	0.06%	0.05%
ULTA	D	0.06%	0.01%	0.01%
UTHR	C	0.06%	0.06%	0.06%
VIRT	B	0.01%	0.01%	0.01%
VRSN	D	0.06%	0.06%	0.06%
VRTX	C	0.44%	0.26%	0.26%
VTRS	C	0.05%	0.06%	0.05%
WBA	F	0.03%	0.03%	0.03%
WBD	D	0.07%	0.09%	0.07%
WDC	D	0.08%	0.09%	0.08%
WEN	C	0.01%	0.01%	0.01%
WSC	D	0.03%	0.02%	0.02%
WTFC	C	0.02%	0.03%	0.02%
WTW	B	0.11%	0.12%	0.11%
WWD	D	0.03%	0.04%	0.03%
WYNN	D	0.03%	0.03%	0.03%
XEL	B	0.13%	0.13%	0.13%
XP	D	0.03%	0.03%	0.03%
XRAY	D	0.02%	0.02%	0.02%
Z	B	0.03%	0.02%	0.02%
ZBRA	C	0.06%	0.06%	0.06%
ZG	B	0.01%	0.02%	0.01%
ZION	D	0.02%	0.03%	0.02%
ZM	C	0.06%	0.06%	0.06%

ONEQ Overweight 594 Positions Relative to VONV

Symbol	Grade	Weight
AAPL	D	12.24%
MSFT	C	10.98%
NVDA	D	9.44%
AMZN	C	6.52%
META	B	4.06%
GOOGL	D	3.32%
GOOG	D	3.2%
AVGO	C	2.58%
TSLA	C	2.53%
COST	B	1.42%
NFLX	B	1.05%
ADBE	D	0.93%
INTU	C	0.63%
ISRG	B	0.61%
PANW	C	0.4%
LRCX	F	0.36%
KLAC	D	0.36%
MELI	B	0.36%
SNPS	D	0.26%
ASML	D	0.26%
CDNS	D	0.25%
NXPI	F	0.22%
PDD	F	0.22%
CRWD	D	0.21%
ADSK	B	0.2%
WDAY	D	0.19%
AZN	D	0.18%
ABNB	D	0.18%
TTD	B	0.16%
MPWR	C	0.15%
ODFL	D	0.15%
IDXX	C	0.14%
VRSK	D	0.14%
CCEP	B	0.13%
DDOG	D	0.12%
TSCO	B	0.11%
LULU	D	0.11%
DXCM	F	0.1%
APP	B	0.09%
ERIE	B	0.09%
SMCI	F	0.09%
ICLR	F	0.09%
AXON	A	0.09%
TEAM	D	0.09%
STX	D	0.08%
MDB	D	0.08%
ZS	F	0.08%
ARGX	B	0.07%
CHKP	B	0.07%
PODD	B	0.06%
TCOM	C	0.06%
ENPH	D	0.06%
EXPE	C	0.06%
DKNG	D	0.06%
ENTG	D	0.06%
LPLA	F	0.06%
SNY	C	0.06%
NBIX	D	0.05%
FLEX	D	0.05%
POOL	C	0.05%
GRAB	C	0.05%
JD	F	0.05%
PCVX	B	0.05%
SRPT	F	0.05%
LOGI	F	0.05%
NTRA	B	0.05%
MORN	C	0.05%
ARM	D	0.05%
BSY	D	0.05%
MANH	A	0.05%
BNTX	B	0.04%
TXRH	D	0.04%
MEDP	D	0.04%
NTES	F	0.04%
SFM	B	0.04%
DOCU	C	0.04%
WING	B	0.04%
PAA	C	0.04%
CYBR	C	0.04%
BIDU	F	0.04%
MNDY	B	0.04%
INSM	D	0.04%
MMYT	B	0.03%
LNTH	C	0.03%
NOVT	D	0.03%
ENSG	A	0.03%
HQY	C	0.03%
HLNE	B	0.03%
WFRD	D	0.03%
GTLB	D	0.03%
CVLT	B	0.03%
AAON	A	0.03%
DUOL	C	0.03%
CELH	F	0.03%
ASND	C	0.03%
HALO	B	0.03%
ITCI	D	0.03%
SPSC	D	0.03%
RVMD	C	0.03%
NICE	F	0.03%
WIX	D	0.03%
OTEX	D	0.03%
SMMT	C	0.03%
CHDN	B	0.03%
LNW	B	0.03%
BGNE	C	0.03%
PCTY	D	0.03%
VICR	F	0.02%
ICFI	B	0.02%
SITM	C	0.02%
RKLB	B	0.02%
XENE	D	0.02%
RUSHA	C	0.02%
CLDX	C	0.02%
CRSP	F	0.02%
NEOG	D	0.02%
IESC	C	0.02%
WAFD	B	0.02%
WSFS	D	0.02%
SLAB	D	0.02%
BANF	B	0.02%
KYMR	B	0.02%
JJSF	D	0.02%
CHCI	B	0.02%
ALKT	D	0.02%
AEIS	D	0.02%
INTA	B	0.02%
WDFC	C	0.02%
QXO	F	0.02%
STNE	F	0.02%
ACLX	B	0.02%
PLXS	B	0.02%
SMTC	C	0.02%
KTOS	B	0.02%
PCH	C	0.02%
ARWR	F	0.02%
GLNG	D	0.02%
VCTR	B	0.02%
MARA	F	0.02%
BRZE	F	0.02%
WMG	D	0.02%
FOLD	D	0.02%
RMBS	F	0.02%
NMIH	B	0.02%
VOD	A	0.02%
TGTX	B	0.02%
CORT	B	0.02%
PTEN	F	0.02%
SANM	D	0.02%
IPAR	D	0.02%
IBOC	C	0.02%
ASO	C	0.02%
APPF	D	0.02%
ITRI	C	0.02%
STEP	B	0.02%
PRCT	B	0.02%
QLYS	F	0.02%
VLY	C	0.02%
CLBT	B	0.02%
CRNX	C	0.02%
SBRA	A	0.02%
BLKB	B	0.02%
BECN	D	0.02%
BGC	B	0.02%
LANC	D	0.02%
CFLT	F	0.02%
FIZZ	F	0.02%
OPCH	C	0.02%
PI	B	0.02%
ALTR	D	0.02%
SGRY	C	0.02%
APLS	D	0.02%
RDNT	B	0.02%
IMVT	D	0.02%
PECO	B	0.02%
NPAB	D	0.02%
TMDX	D	0.02%
RUN	C	0.02%
HTHT	D	0.02%
ONB	C	0.02%
VRRM	D	0.02%
ICUI	B	0.02%
AXSM	C	0.02%
FELE	D	0.02%
ALKS	C	0.02%
HWC	D	0.02%
ADMA	C	0.02%
TIGO	B	0.02%
DNLI	B	0.02%
EXLS	B	0.02%
COOP	B	0.02%
CRDO	D	0.02%
ESGR	D	0.02%
CHX	D	0.02%
UMBF	B	0.02%
TENB	D	0.02%
MDGL	F	0.02%
UBSI	C	0.02%
ACIW	B	0.02%
NSIT	C	0.02%
LEGN	F	0.02%
MMSI	A	0.02%
NUVL	B	0.02%
CSWI	B	0.02%
RARE	B	0.02%
CWST	A	0.02%
AMBA	C	0.02%
SIGI	C	0.02%
IEP	F	0.02%
AVAV	D	0.02%
EXPO	B	0.02%
VRNS	C	0.02%
CYTK	D	0.02%
KRYS	D	0.02%
UFPI	C	0.02%
FUTU	F	0.02%
CRVL	B	0.02%
FFIN	C	0.02%
FRHC	B	0.02%
BPMC	F	0.02%
BBIO	D	0.02%
BCPC	C	0.02%
VKTX	C	0.02%
PEGA	C	0.02%
GLBE	C	0.02%
ACT	A	0.02%
LQDA	F	0.01%
NRC	F	0.01%
SLP	F	0.01%
OABI	D	0.01%
GLUE	C	0.01%
MNTK	F	0.01%
CVAC	F	0.01%
ULCC	D	0.01%
MOMO	D	0.01%
CIFR	F	0.01%
PLAY	F	0.01%
CGNT	F	0.01%
COMM	A	0.01%
BMBL	F	0.01%
NEXT	F	0.01%
IQ	F	0.01%
ISTR	B	0.01%
SOUN	D	0.01%
WVE	D	0.01%
CBRL	F	0.01%
HAFC	C	0.01%
NNDM	D	0.01%
RIOT	F	0.01%
BCBP	C	0.01%
TRDA	F	0.01%
JBSS	F	0.01%
FFIC	C	0.01%
CERS	D	0.01%
PLYA	D	0.01%
GDEN	D	0.01%
SCHL	D	0.01%
TTGT	F	0.01%
TRS	D	0.01%
NNBR	F	0.01%
JACK	F	0.01%
CNSL	A	0.01%
EYE	F	0.01%
DHC	C	0.01%
ESTA	D	0.01%
GSM	F	0.01%
KELYA	D	0.01%
WASH	B	0.01%
SRRK	F	0.01%
AVO	B	0.01%
FLYW	D	0.01%
CEVA	C	0.01%
ICHR	F	0.01%
SABR	D	0.01%
FLGT	D	0.01%
TARS	C	0.01%
ODP	F	0.01%
IMKTA	D	0.01%
MATW	F	0.01%
SVRA	F	0.01%
TREE	C	0.01%
KALU	D	0.01%
MLCO	F	0.01%
WULF	D	0.01%
SAVA	C	0.01%
CMCO	F	0.01%
FWRG	F	0.01%
IBUY	B	0.01%
HROW	B	0.01%
EMBC	C	0.01%
SANA	F	0.01%
PFC	C	0.01%
CDNA	C	0.01%
VIR	F	0.01%
OPK	C	0.01%
TYRA	D	0.01%
PCT	C	0.01%
GMAB	D	0.01%
AVAH	C	0.01%
SDGR	F	0.01%
WB	F	0.01%
INMD	D	0.01%
COLL	C	0.01%
COHU	D	0.01%
PDFS	D	0.01%
UNIT	C	0.01%
DLO	D	0.01%
IMTX	C	0.01%
VITL	D	0.01%
BLMN	F	0.01%
VSEC	D	0.01%
CNDT	C	0.01%
NVAX	D	0.01%
APOG	C	0.01%
NVEE	F	0.01%
SCVL	C	0.01%
ARDX	D	0.01%
HTLD	D	0.01%
HBNC	B	0.01%
CENX	D	0.01%
CLOV	C	0.01%
CLSK	F	0.01%
AMSF	C	0.01%
BASE	F	0.01%
CRAI	C	0.01%
THRM	D	0.01%
ATAT	B	0.01%
RDWR	C	0.01%
TRNS	C	0.01%
WABC	D	0.01%
TH	C	0.01%
GDYN	C	0.01%
STAA	F	0.01%
PFBC	C	0.01%
BLBD	C	0.01%
ULH	C	0.01%
MRVI	C	0.01%
MCRI	C	0.01%
PEBO	C	0.01%
MYRG	F	0.01%
OCFC	B	0.01%
UCTT	F	0.01%
NSSC	D	0.01%
SPT	F	0.01%
QNST	C	0.01%
CSGS	C	0.01%
RNW	C	0.01%
PLAB	D	0.01%
RCKT	F	0.01%
UDMY	D	0.01%
MRTN	D	0.01%
DAWN	F	0.01%
WINA	D	0.01%
IMCR	F	0.01%
ANIP	F	0.01%
VMEO	C	0.01%
ECPG	C	0.01%
SCSC	D	0.01%
VRNT	F	0.01%
DGII	D	0.01%
TLRY	F	0.01%
MSEX	C	0.01%
TCBK	C	0.01%
CAKE	D	0.01%
VERA	C	0.01%
GABC	C	0.01%
DVAX	D	0.01%
INBK	C	0.01%
BILI	D	0.01%
ANDE	D	0.01%
SAFT	C	0.01%
DCOM	B	0.01%
INVA	B	0.01%
BVS	B	0.01%
APPN	D	0.01%
VECO	F	0.01%
NAVI	C	0.01%
AXNX	B	0.01%
IDCC	B	0.01%
BCRX	C	0.01%
PRDO	D	0.01%
ROIC	B	0.01%
KURA	C	0.01%
TTMI	D	0.01%
CENTA	D	0.01%
SIMO	F	0.01%
JANX	C	0.01%
NVCR	D	0.01%
LAUR	C	0.01%
FWRD	C	0.01%
CNXN	B	0.01%
VBTX	B	0.01%
LKFN	C	0.01%
HAIN	D	0.01%
SBLK	D	0.01%
SYBT	C	0.01%
AHCO	B	0.01%
NEO	C	0.01%
EWTX	D	0.01%
JBLU	D	0.01%
PAGP	C	0.01%
TWST	D	0.01%
IRTC	F	0.01%
HTZ	F	0.01%
HLIT	C	0.01%
PDCO	D	0.01%
OLPX	C	0.01%
HEES	D	0.01%
AY	C	0.01%
FIVN	F	0.01%
INFN	B	0.01%
NWBI	C	0.01%
ARVN	F	0.01%
PGNY	F	0.01%
IAS	D	0.01%
EXTR	C	0.01%
OSW	C	0.01%
CHEF	C	0.01%
SNDX	F	0.01%
GGAL	C	0.01%
BUSE	C	0.01%
HOPE	C	0.01%
EVCM	D	0.01%
SKWD	C	0.01%
POWL	C	0.01%
MGNI	C	0.01%
CASH	B	0.01%
XNCR	C	0.01%
PTVE	D	0.01%
LGIH	C	0.01%
PLUG	F	0.01%
HRMY	B	0.01%
RPD	F	0.01%
WSBC	C	0.01%
SPNS	D	0.01%
GTX	D	0.01%
XRX	F	0.01%
COGT	C	0.01%
PRVA	F	0.01%
YY	C	0.01%
FRME	D	0.01%
ENVX	F	0.01%
CHCO	B	0.01%
DNUT	D	0.01%
ROCK	D	0.01%
VC	F	0.01%
NTCT	D	0.01%
WERN	D	0.01%
TRUP	B	0.01%
SEDG	F	0.01%
GDS	C	0.01%
LGND	C	0.01%
HPK	D	0.01%
MNKD	B	0.01%
NMRK	B	0.01%
VIAV	D	0.01%
STRA	D	0.01%
SUPN	D	0.01%
MYGN	C	0.01%
ATRC	D	0.01%
EFSC	C	0.01%
RXST	C	0.01%
STBA	C	0.01%
SBCF	C	0.01%
TRMK	C	0.01%
KLIC	D	0.01%
BANR	B	0.01%
HURN	C	0.01%
BEAM	F	0.01%
ARCB	D	0.01%
USLM	B	0.01%
CRTO	D	0.01%
LMAT	B	0.01%
VRNA	B	0.01%
XPEL	D	0.01%
GT	F	0.01%
RRR	F	0.01%
DOOO	F	0.01%
CLBK	C	0.01%
FBNC	C	0.01%
FLNC	C	0.01%
KROS	C	0.01%
MGPI	C	0.01%
AKRO	C	0.01%
MBIN	C	0.01%
MLKN	D	0.01%
FFBC	C	0.01%
RBCAA	C	0.01%
ADUS	B	0.01%
ALHC	C	0.01%
GOGL	D	0.01%
CARG	B	0.01%
AMRX	B	0.01%
SKYW	C	0.01%
LIVN	D	0.01%
INDB	C	0.01%
ASTH	B	0.01%
ACLS	F	0.01%
TNDM	C	0.01%
NARI	F	0.01%
BL	D	0.01%
GERN	D	0.01%
ATSG	D	0.01%
MQ	F	0.01%
CVBF	C	0.01%
ZD	D	0.01%
DIOD	F	0.01%
MGRC	F	0.01%
PSMT	B	0.01%
VERX	D	0.01%
SVC	F	0.01%
MIRM	D	0.01%
FROG	F	0.01%
OSIS	C	0.01%
PRGS	B	0.01%
PPBI	D	0.01%
NWE	A	0.01%
ALRM	F	0.01%
VCEL	F	0.01%
ERII	D	0.01%
AMPH	C	0.01%
JAMF	F	0.01%
PLUS	B	0.01%
FRSH	F	0.01%
UPST	C	0.01%
ERIC	B	0.01%
DRVN	C	0.01%
CGON	C	0.01%
PTCT	C	0.01%
ROAD	A	0.01%
CMPR	F	0.01%
PRFT	A	0.01%
IOSP	D	0.01%
NBTB	D	0.01%
DYN	D	0.01%
AGIO	D	0.01%
SNEX	C	0.01%
MRCY	C	0.01%
LILAK	C	0.01%
VCYT	B	0.01%
IOVA	D	0.01%
HTLF	B	0.01%
FULT	D	0.01%
OMCL	C	0.01%
PLMR	B	0.01%
SATS	B	0.01%
ACVA	B	0.01%
UFPT	C	0.01%
CPRX	B	0.01%
SYNA	F	0.01%
IBTX	B	0.01%
PTGX	B	0.01%
PATK	A	0.01%
GSHD	C	0.01%
ASTE	F	0.01%
SHOO	B	0.01%
BZ	F	0.01%
ACAD	F	0.01%
TOWN	B	0.01%
EBC	B	0.01%
EXPI	C	0.01%
QFIN	C	0.01%
GH	D	0.01%
SFNC	B	0.01%
IDYA	F	0.01%
HUBG	C	0.01%
ARLP	D	0.01%
MRUS	D	0.01%
FA	B	0.01%
SMPL	D	0.01%
HWKN	C	0.01%
MGEE	A	0.01%
AUR	C	0.01%
LFST	C	0.01%
AGYS	D	0.01%
RYTM	C	0.01%
FORM	F	0.01%
DORM	B	0.01%
FIBK	C	0.01%
STRL	C	0.01%
TRMD	D	0.01%
CATY	C	0.01%
TCBI	B	0.01%
TBBK	B	0.01%
CALM	B	0.01%
URBN	D	0.01%
FTDR	B	0.01%
LI	F	0.01%
OTTR	D	0.01%
CVCO	B	0.01%
POWI	F	0.01%
CCOI	C	0.01%
SWTX	D	0.01%
RNA	D	0.01%

ONEQ Underweight 603 Positions Relative to VONV

Symbol	Grade	Weight
BRK.A	C	-3.29%
JPM	D	-2.5%
XOM	D	-2.18%
UNH	C	-2.02%
JNJ	B	-1.56%
WMT	B	-1.22%
PG	A	-1.21%
CVX	D	-1.13%
BAC	D	-1.12%
TMO	B	-0.96%
ACN	C	-0.85%
WFC	F	-0.85%
ABBV	B	-0.76%
ABT	B	-0.75%
DHR	B	-0.75%
MCD	B	-0.73%
PM	B	-0.73%
IBM	A	-0.72%
DIS	D	-0.71%
PFE	C	-0.71%
VZ	A	-0.7%
RTX	C	-0.64%
NEE	B	-0.64%
SPGI	A	-0.62%
CAT	C	-0.6%
GE	A	-0.6%
LOW	B	-0.58%
T	A	-0.57%
BLK	A	-0.53%
COP	F	-0.53%
C	D	-0.51%
ETN	C	-0.5%
PLD	B	-0.48%
GS	D	-0.48%
CB	B	-0.46%
MS	D	-0.46%
KO	B	-0.45%
MDT	B	-0.44%
BSX	B	-0.44%
ELV	B	-0.43%
BMY	C	-0.4%
MMC	A	-0.39%
DE	B	-0.39%
UPS	D	-0.39%
SO	A	-0.38%
BA	F	-0.38%
AXP	B	-0.37%
SCHW	D	-0.36%
CI	B	-0.36%
MO	C	-0.35%
DUK	B	-0.35%
ICE	B	-0.35%
SYK	B	-0.34%
GD	B	-0.33%
UNP	B	-0.32%
LMT	B	-0.32%
CVS	D	-0.31%
EOG	D	-0.3%
HD	B	-0.3%
TGT	C	-0.29%
BDX	D	-0.29%
USB	C	-0.29%
PH	B	-0.29%
PNC	B	-0.29%
NOC	B	-0.28%
FDX	C	-0.28%
SLB	F	-0.28%
FCX	D	-0.27%
WELL	B	-0.27%
EMR	D	-0.27%
MPC	F	-0.26%
AON	B	-0.26%
PSX	F	-0.25%
MMM	A	-0.24%
APD	B	-0.24%
KKR	B	-0.24%
TFC	D	-0.24%
TDG	B	-0.23%
NSC	C	-0.23%
NEM	B	-0.23%
AJG	A	-0.23%
COF	D	-0.23%
VLO	F	-0.22%
HCA	A	-0.22%
DHI	B	-0.22%
AIG	D	-0.22%
AFL	B	-0.22%
GM	C	-0.21%
SRE	B	-0.21%
WMB	A	-0.21%
TJX	B	-0.21%
CCI	B	-0.2%
DLR	A	-0.2%
GEV	B	-0.2%
OKE	A	-0.2%
BK	A	-0.2%
TRV	A	-0.2%
O	B	-0.2%
TT	A	-0.2%
ITW	B	-0.19%
MET	B	-0.19%
CARR	A	-0.19%
MCK	F	-0.19%
LEN	B	-0.18%
LHX	C	-0.18%
FIS	A	-0.18%
HUM	F	-0.18%
D	B	-0.18%
PRU	C	-0.18%
IR	D	-0.17%
JCI	B	-0.17%
KMI	B	-0.17%
CNC	C	-0.17%
A	C	-0.17%
F	D	-0.17%
GIS	B	-0.16%
ALL	A	-0.16%
URI	C	-0.16%
OTIS	C	-0.16%
DOW	F	-0.16%
OXY	F	-0.16%
PCG	B	-0.16%
NUE	D	-0.16%
STZ	C	-0.16%
CTVA	B	-0.16%
IQV	C	-0.16%
PSA	A	-0.16%
PEG	A	-0.16%
CMI	C	-0.16%
RSG	B	-0.16%
AME	D	-0.16%
KVUE	B	-0.15%
DFS	C	-0.15%
KR	B	-0.15%
CL	C	-0.15%
HWM	B	-0.15%
CRM	D	-0.15%
SPG	B	-0.15%
EXR	A	-0.14%
ED	B	-0.14%
MLM	D	-0.14%
NKE	D	-0.14%
MSI	B	-0.14%
CBRE	B	-0.14%
DD	B	-0.14%
HAL	F	-0.13%
ADM	D	-0.13%
GLW	C	-0.13%
APH	D	-0.13%
MTD	D	-0.13%
XYL	D	-0.13%
VICI	B	-0.13%
HIG	B	-0.13%
WAB	B	-0.12%
MTB	B	-0.12%
ROK	D	-0.12%
AVB	B	-0.12%
DVN	F	-0.12%
PPG	C	-0.12%
EIX	B	-0.12%
EW	D	-0.12%
HLT	B	-0.11%
HPE	F	-0.11%
GPN	C	-0.11%
LYB	F	-0.11%
EQR	B	-0.11%
DG	F	-0.11%
GRMN	D	-0.11%
PWR	C	-0.11%
KMB	C	-0.11%
HPQ	D	-0.11%
VMC	D	-0.11%
WEC	B	-0.11%
EFX	B	-0.11%
PHM	B	-0.11%
DAL	C	-0.11%
AWK	A	-0.11%
STE	B	-0.1%
DELL	D	-0.1%
CHD	B	-0.1%
FE	B	-0.1%
RCL	B	-0.1%
KEYS	C	-0.1%
ETR	A	-0.1%
DTE	A	-0.1%
HSY	B	-0.1%
DOV	B	-0.1%
FTV	C	-0.1%
IFF	B	-0.1%
NVR	B	-0.1%
STT	B	-0.1%
AEE	A	-0.09%
HUBB	B	-0.09%
INVH	B	-0.09%
RJF	C	-0.09%
PPL	A	-0.09%
VTR	B	-0.09%
RMD	B	-0.09%
ZBH	D	-0.09%
ES	B	-0.09%
YUM	B	-0.09%
WY	C	-0.09%
BBY	B	-0.08%
APTV	F	-0.08%
OMC	B	-0.08%
EQT	D	-0.08%
CTRA	F	-0.08%
ATO	A	-0.08%
CMS	A	-0.08%
CBOE	B	-0.08%
MKC	B	-0.08%
LDOS	B	-0.08%
CFG	C	-0.08%
PGR	B	-0.08%
TDY	B	-0.08%
SQ	D	-0.08%
BALL	C	-0.08%
ARE	B	-0.08%
SYF	D	-0.08%
GPC	D	-0.08%
LNG	C	-0.08%
RF	C	-0.08%
MRO	D	-0.07%
MKL	C	-0.07%
OC	C	-0.07%
LUV	C	-0.07%
IP	B	-0.07%
SWK	B	-0.07%
MAA	A	-0.07%
APO	C	-0.07%
TRU	A	-0.07%
CCL	C	-0.07%
WSO	C	-0.07%
WRB	C	-0.07%
TSN	C	-0.07%
MAS	B	-0.07%
CSL	C	-0.07%
RS	D	-0.07%
MSCI	C	-0.07%
CNP	C	-0.07%
TXT	D	-0.07%
PKG	B	-0.07%
ESS	A	-0.07%
AVTR	B	-0.07%
BAX	C	-0.07%
J	D	-0.07%
BLDR	C	-0.07%
BLD	D	-0.06%
NI	A	-0.06%
EG	B	-0.06%
GGG	C	-0.06%
CF	C	-0.06%
KIM	B	-0.06%
FNF	B	-0.06%
ZTS	B	-0.06%
CAG	B	-0.06%
SYY	C	-0.06%
VLTO	B	-0.06%
L	C	-0.06%
PNR	A	-0.06%
THC	B	-0.06%
RBA	B	-0.06%
EL	F	-0.06%
EXPD	D	-0.06%
RGA	B	-0.06%
TOL	B	-0.06%
BG	F	-0.06%
SNA	B	-0.06%
KEY	B	-0.06%
HES	F	-0.06%
AMCR	B	-0.06%
K	A	-0.06%
DOC	B	-0.06%
SUI	B	-0.06%
IEX	D	-0.06%
DGX	B	-0.06%
UNM	B	-0.05%
HII	D	-0.05%
DKS	D	-0.05%
EPAM	D	-0.05%
BXP	A	-0.05%
CW	B	-0.05%
SCI	A	-0.05%
CPT	B	-0.05%
SW	B	-0.05%
BJ	D	-0.05%
ITT	C	-0.05%
CE	D	-0.05%
RPM	B	-0.05%
ALLE	A	-0.05%
NVT	D	-0.05%
RNR	B	-0.05%
EMN	A	-0.05%
IPG	C	-0.05%
JNPR	B	-0.05%
JBL	D	-0.05%
SJM	C	-0.05%
AMH	B	-0.05%
ACM	B	-0.05%
CLH	B	-0.05%
KMX	D	-0.05%
UHS	B	-0.05%
OVV	F	-0.05%
USFD	A	-0.05%
CRL	D	-0.05%
WPC	B	-0.05%
AES	C	-0.05%
FTI	D	-0.05%
ELS	B	-0.05%
IRM	A	-0.05%
UDR	B	-0.05%
BRO	B	-0.05%
MHK	B	-0.04%
GL	C	-0.04%
APG	D	-0.04%
NYT	C	-0.04%
WAL	B	-0.04%
PRI	B	-0.04%
ORI	B	-0.04%
WST	F	-0.04%
SF	B	-0.04%
EGP	B	-0.04%
OHI	B	-0.04%
ARMK	B	-0.04%
EVR	B	-0.04%
SNX	D	-0.04%
DCI	D	-0.04%
PFGC	B	-0.04%
AIZ	C	-0.04%
CVNA	B	-0.04%
FHN	C	-0.04%
X	D	-0.04%
GPK	A	-0.04%
TPR	C	-0.04%
EHC	B	-0.04%
FRT	B	-0.04%
COHR	C	-0.04%
TAP	C	-0.04%
CNH	C	-0.04%
HRL	C	-0.04%
AFG	B	-0.04%
NRG	C	-0.04%
MOS	F	-0.04%
DPZ	D	-0.04%
ATR	A	-0.04%
PNW	A	-0.04%
QGEN	B	-0.04%
CAH	B	-0.04%
TTC	D	-0.04%
FDS	C	-0.04%
CACI	B	-0.04%
AOS	D	-0.04%
WTRG	D	-0.04%
CCK	A	-0.04%
TFX	B	-0.04%
MGM	D	-0.04%
EME	A	-0.04%
CUBE	A	-0.04%
RRX	C	-0.04%
ALLY	F	-0.04%
CTLT	B	-0.04%
AVY	B	-0.04%
REXR	C	-0.04%
ALB	D	-0.04%
GME	F	-0.03%
KD	D	-0.03%
IVZ	C	-0.03%
DAR	F	-0.03%
ELAN	D	-0.03%
HRB	C	-0.03%
PB	B	-0.03%
BEN	D	-0.03%
BIO	C	-0.03%
FND	C	-0.03%
RHI	D	-0.03%
GXO	D	-0.03%
MTG	B	-0.03%
FLS	D	-0.03%
ARW	C	-0.03%
MTDR	F	-0.03%
BRBR	C	-0.03%
GWRE	A	-0.03%
RL	B	-0.03%
SNV	C	-0.03%
ADC	B	-0.03%
CFR	C	-0.03%
LEA	F	-0.03%
MTZ	B	-0.03%
WEX	C	-0.03%
ONTO	D	-0.03%
MSA	D	-0.03%
HLI	A	-0.03%
SWN	D	-0.03%
OSK	D	-0.03%
KEX	C	-0.03%
BWXT	D	-0.03%
FR	B	-0.03%
CMA	B	-0.03%
FMC	C	-0.03%
WMS	D	-0.03%
MOH	C	-0.03%
DTM	B	-0.03%
SHW	A	-0.03%
VOYA	A	-0.03%
SSD	C	-0.03%
STAG	B	-0.03%
RRC	D	-0.03%
TKO	B	-0.03%
LAD	C	-0.03%
JEF	B	-0.03%
CRBG	D	-0.03%
PR	D	-0.03%
ECL	A	-0.03%
CIEN	C	-0.03%
CHE	C	-0.03%
BERY	B	-0.03%
WCC	D	-0.03%
BRX	B	-0.03%
FCN	C	-0.03%
WAT	C	-0.03%
ALSN	B	-0.03%
AYI	B	-0.03%
OGE	B	-0.03%
AXTA	C	-0.03%
CR	C	-0.03%
DAY	C	-0.03%
WSM	C	-0.03%
SKX	C	-0.03%
GMED	D	-0.03%
KBR	D	-0.03%
BWA	F	-0.03%
NNN	B	-0.03%
INGR	B	-0.03%
SOLV	C	-0.03%
JLL	B	-0.03%
NOV	F	-0.03%
DRI	C	-0.03%
TWLO	D	-0.03%
RBC	D	-0.03%
BBWI	F	-0.03%
AA	D	-0.03%
ACI	D	-0.03%
DINO	F	-0.03%
ATI	D	-0.03%
AR	D	-0.03%
WBS	D	-0.03%
COLD	D	-0.03%
KNX	C	-0.03%
MAN	D	-0.02%
DXC	C	-0.02%
SPR	D	-0.02%
AAP	F	-0.02%
NEU	C	-0.02%
AMP	B	-0.02%
AWI	C	-0.02%
CPRI	D	-0.02%
GTES	C	-0.02%
PRGO	C	-0.02%
BILL	D	-0.02%
UHAL	B	-0.02%
KMPR	D	-0.02%
HUN	D	-0.02%
COTY	D	-0.02%
MSM	D	-0.02%
SN	B	-0.02%
SITE	D	-0.02%
CUZ	B	-0.02%
PSN	B	-0.02%
BYD	C	-0.02%
FLO	C	-0.02%
SLGN	B	-0.02%
KRC	C	-0.02%
PII	D	-0.02%
AGO	C	-0.02%
S	C	-0.02%
WTM	D	-0.02%
RYN	C	-0.02%
HOG	C	-0.02%
DLB	D	-0.02%
GNRC	D	-0.02%
AZO	C	-0.02%
ALK	C	-0.02%
GAP	F	-0.02%
M	D	-0.02%
JHG	B	-0.02%
ASH	D	-0.02%
CLF	F	-0.02%
THG	A	-0.02%
AN	D	-0.02%
IDA	B	-0.02%
WLK	D	-0.02%
W	D	-0.02%
CIVI	F	-0.02%
AL	D	-0.02%
UGI	B	-0.02%
SEE	D	-0.02%
VNO	A	-0.02%
SON	C	-0.02%
NFG	A	-0.02%
WHR	D	-0.02%
POST	C	-0.02%
THO	C	-0.02%
WH	B	-0.02%
OLN	D	-0.02%
FNB	D	-0.02%
MDU	B	-0.02%
HXL	F	-0.02%
BC	D	-0.02%
H	D	-0.02%
GWW	B	-0.02%
TKR	D	-0.02%
OGN	C	-0.02%
LNC	D	-0.02%
ESAB	C	-0.02%
ST	F	-0.02%
PVH	D	-0.02%
RLI	B	-0.02%
LW	D	-0.02%
AGCO	D	-0.02%
AXS	B	-0.02%
BFAM	B	-0.02%
FICO	A	-0.02%
OMF	D	-0.02%
STWD	B	-0.02%
AMG	C	-0.02%
VFC	C	-0.02%
VMI	D	-0.02%
ESI	D	-0.02%
R	B	-0.02%
FAF	A	-0.02%
VNT	D	-0.02%
G	B	-0.02%
DDS	D	-0.01%
AMC	D	-0.01%
SNDR	B	-0.01%
DV	F	-0.01%
UAA	C	-0.01%
INFA	D	-0.01%
VSTS	D	-0.01%
LEG	D	-0.01%
MP	D	-0.01%
LEN	B	-0.01%
TRIP	F	-0.01%
CERT	F	-0.01%
GO	F	-0.01%
LPX	B	-0.01%
AZEK	C	-0.01%
SAM	F	-0.01%
GLOB	D	-0.01%
HAYW	D	-0.01%
BROS	D	-0.01%
BR	B	-0.01%
CRI	C	-0.01%
PSTG	D	-0.01%
RKT	B	-0.01%
EXP	A	-0.01%
ADTN	F	-0.01%
QS	F	-0.01%
JWN	C	-0.01%
IPGP	F	-0.01%
HHH	C	-0.01%
BIRK	D	-0.01%
WOLF	F	-0.01%
KSS	F	-0.01%
YETI	D	-0.01%
SPB	B	-0.01%
AGR	B	-0.01%
ENOV	F	-0.01%
U	D	-0.01%
CLVT	D	-0.01%
MPW	B	-0.01%
PLNT	B	-0.01%
NVST	D	-0.01%
VAC	F	-0.01%
AM	B	-0.01%
CWEN	A	-0.01%
CNM	F	-0.01%
NSA	A	-0.01%
DOCS	B	-0.01%
PK	F	-0.01%
PAYC	D	-0.01%
TNL	F	-0.01%
PAG	D	-0.01%
HIW	A	-0.01%
WU	F	-0.01%
DNB	C	-0.01%
SMG	C	-0.01%
CC	F	-0.01%
EPR	B	-0.01%
MSGS	B	-0.01%
RH	C	-0.01%
ZI	D	-0.01%
TYL	B	-0.01%
UHAL	B	-0.0%
UWMC	C	-0.0%
UI	B	-0.0%
CHH	C	-0.0%
DJT	F	-0.0%
PATH	D	-0.0%
SEB	C	-0.0%
CNA	C	-0.0%
UA	C	-0.0%
MTN	D	-0.0%