ONOF vs. PBUS ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to Invesco PureBeta MSCI USA ETF (PBUS)

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.77

Average Daily Volume

4,790

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description

The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$59.97

Average Daily Volume

175,564

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	PBUS
30 Days	2.30%	2.50%
60 Days	6.81%	7.04%
90 Days	7.95%	10.74%
12 Months	27.84%	35.46%

484 Overlapping Holdings

	Symbol	Grade	Weight in ONOF	Weight in PBUS	Overlap
	A	F	0.08%	0.08%	0.08%
	AAPL	C	6.57%	6.44%	6.44%
	ABBV	D	0.73%	0.7%	0.7%
	ABNB	C	0.12%	0.12%	0.12%
	ABT	C	0.42%	0.41%	0.41%
	ACGL	D	0.07%	0.07%	0.07%
	ACN	C	0.47%	0.43%	0.43%
	ADBE	C	0.44%	0.43%	0.43%
	ADI	F	0.23%	0.21%	0.21%
	ADM	F	0.06%	0.05%	0.05%
	ADP	A	0.24%	0.24%	0.24%
	ADSK	A	0.13%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.11%	0.11%	0.11%
	AFL	C	0.11%	0.11%	0.11%
	AIG	B	0.1%	0.1%	0.1%
	AJG	A	0.12%	0.12%	0.12%
	AKAM	F	0.03%	0.03%	0.03%
	ALGN	F	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.1%	0.1%
	ALNY	D	0.07%	0.07%	0.07%
	AMAT	F	0.31%	0.31%	0.31%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.46%	0.45%	0.45%
	AME	A	0.08%	0.08%	0.08%
	AMGN	F	0.35%	0.34%	0.34%
	AMP	A	0.1%	0.1%	0.1%
	AMT	F	0.2%	0.2%	0.2%
	AMZN	A	3.73%	3.7%	3.7%
	ANET	C	0.19%	0.21%	0.19%
	ANSS	B	0.06%	0.05%	0.05%
	AON	A	0.15%	0.14%	0.14%
	APD	B	0.14%	0.13%	0.13%
	APH	B	0.17%	0.17%	0.17%
	APO	B	0.12%	0.12%	0.12%
	APP	B	0.07%	0.07%	0.07%
	APTV	D	0.03%	0.03%	0.03%
	ARE	F	0.04%	0.03%	0.03%
	ARES	B	0.06%	0.06%	0.06%
	ATO	A	0.04%	0.04%	0.04%
	AVB	A	0.06%	0.06%	0.06%
	AVGO	C	1.57%	1.52%	1.52%
	AVTR	F	0.03%	0.03%	0.03%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	B	0.06%	0.06%	0.06%
	AXP	B	0.32%	0.31%	0.31%
	AZO	C	0.11%	0.1%	0.1%
	BA	F	0.18%	0.22%	0.18%
	BAC	A	0.57%	0.58%	0.57%
	BAH	C	0.05%	0.05%	0.05%
	BALL	D	0.04%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBY	D	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.14%	0.14%
	BG	D	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.05%	0.05%
	BK	B	0.12%	0.11%	0.11%
	BKNG	A	0.34%	0.33%	0.33%
	BKR	B	0.08%	0.08%	0.08%
	BLDR	D	0.04%	0.04%	0.04%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	B	0.23%	0.22%	0.22%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.17%	1.17%	1.17%
	BRO	A	0.05%	0.05%	0.05%
	BSX	A	0.25%	0.25%	0.25%
	BSY	F	0.02%	0.02%	0.02%
	BX	A	0.24%	0.24%	0.24%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.24%	0.24%	0.24%
	CAG	F	0.03%	0.03%	0.03%
	CAH	A	0.06%	0.05%	0.05%
	CARR	C	0.12%	0.12%	0.12%
	CAT	C	0.38%	0.37%	0.37%
	CB	C	0.23%	0.21%	0.21%
	CBOE	D	0.05%	0.04%	0.04%
	CBRE	A	0.08%	0.08%	0.08%
	CCI	F	0.1%	0.09%	0.09%
	CCL	A	0.04%	0.04%	0.04%
	CDNS	B	0.16%	0.16%	0.16%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.15%	0.15%	0.15%
	CELH	F	0.01%	0.01%	0.01%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHTR	B	0.07%	0.07%	0.07%
	CI	D	0.18%	0.18%	0.18%
	CINF	A	0.04%	0.04%	0.04%
	CL	F	0.16%	0.15%	0.15%
	CLX	A	0.05%	0.04%	0.04%
	CMCSA	B	0.34%	0.33%	0.33%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.16%	0.15%	0.15%
	CMI	A	0.09%	0.1%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNC	F	0.07%	0.07%	0.07%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.12%	0.13%	0.12%
	COIN	B	0.07%	0.07%	0.07%
	COP	C	0.26%	0.25%	0.25%
	COR	A	0.08%	0.08%	0.08%
	COST	B	0.8%	0.78%	0.78%
	CPAY	A	0.05%	0.04%	0.04%
	CPB	F	0.02%	0.02%	0.02%
	CPRT	A	0.09%	0.09%	0.09%
	CRM	B	0.57%	0.57%	0.57%
	CRWD	B	0.14%	0.14%	0.14%
	CSCO	A	0.46%	0.45%	0.45%
	CSGP	D	0.06%	0.06%	0.06%
	CSL	B	0.04%	0.04%	0.04%
	CSX	B	0.13%	0.13%	0.13%
	CTAS	A	0.15%	0.15%	0.15%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	A	0.08%	0.07%	0.07%
	CTVA	C	0.09%	0.09%	0.09%
	CVS	F	0.14%	0.14%	0.14%
	CVX	B	0.53%	0.53%	0.53%
	D	D	0.1%	0.1%	0.1%
	DAL	A	0.07%	0.02%	0.02%
	DASH	A	0.1%	0.1%	0.1%
	DD	D	0.06%	0.07%	0.06%
	DDOG	B	0.07%	0.07%	0.07%
	DE	D	0.21%	0.21%	0.21%
	DECK	B	0.06%	0.05%	0.05%
	DELL	B	0.07%	0.07%	0.07%
	DFS	B	0.08%	0.07%	0.07%
	DG	F	0.04%	0.04%	0.04%
	DGX	A	0.03%	0.03%	0.03%
	DHI	F	0.1%	0.1%	0.1%
	DHR	F	0.33%	0.33%	0.33%
	DIS	B	0.36%	0.35%	0.35%
	DKNG	B	0.03%	0.03%	0.03%
	DLR	C	0.12%	0.12%	0.12%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	0.03%	0.03%	0.03%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.07%	0.07%	0.07%
	DRI	B	0.04%	0.04%	0.04%
	DTE	D	0.05%	0.05%	0.05%
	DUK	D	0.18%	0.17%	0.17%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	C	0.06%	0.05%	0.05%
	EA	A	0.07%	0.08%	0.07%
	EBAY	C	0.06%	0.06%	0.06%
	ECL	C	0.13%	0.13%	0.13%
	ED	D	0.07%	0.07%	0.07%
	EFX	D	0.07%	0.07%	0.07%
	EG	D	0.03%	0.03%	0.03%
	EIX	C	0.06%	0.06%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.2%	0.19%	0.19%
	EMR	A	0.13%	0.13%	0.13%
	ENPH	F	0.02%	0.02%	0.02%
	ENTG	D	0.03%	0.03%	0.03%
	EOG	A	0.14%	0.14%	0.14%
	EQIX	B	0.17%	0.17%	0.17%
	EQR	C	0.05%	0.05%	0.05%
	EQT	B	0.03%	0.04%	0.03%
	ERIE	F	0.02%	0.02%	0.02%
	ES	D	0.04%	0.04%	0.04%
	ESS	C	0.04%	0.04%	0.04%
	ETN	A	0.27%	0.27%	0.27%
	ETR	B	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	D	0.08%	0.08%	0.08%
	EXC	C	0.08%	0.08%	0.08%
	EXPD	D	0.03%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.07%	0.07%	0.07%
	F	C	0.08%	0.08%	0.08%
	FANG	D	0.06%	0.06%	0.06%
	FAST	A	0.09%	0.09%	0.09%
	FCNCA	B	0.05%	0.04%	0.04%
	FCX	F	0.13%	0.13%	0.13%
	FDS	A	0.04%	0.03%	0.03%
	FDX	B	0.13%	0.13%	0.13%
	FE	D	0.05%	0.05%	0.05%
	FI	A	0.24%	0.24%	0.24%
	FICO	B	0.1%	0.1%	0.1%
	FIS	B	0.1%	0.1%	0.1%
	FITB	A	0.06%	0.06%	0.06%
	FLUT	A	0.08%	0.08%	0.08%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.02%	0.02%
	FSLR	F	0.05%	0.04%	0.04%
	FTNT	B	0.1%	0.1%	0.1%
	FTV	D	0.05%	0.05%	0.05%
	GD	A	0.14%	0.14%	0.14%
	GDDY	A	0.05%	0.05%	0.05%
	GE	C	0.38%	0.38%	0.38%
	GEHC	F	0.08%	0.08%	0.08%
	GEV	B	0.17%	0.17%	0.17%
	GILD	C	0.23%	0.22%	0.22%
	GIS	F	0.08%	0.08%	0.08%
	GLW	C	0.07%	0.08%	0.07%
	GM	A	0.12%	0.12%	0.12%
	GOOG	B	1.84%	1.71%	1.71%
	GOOGL	B	2.04%	1.97%	1.97%
	GPC	D	0.03%	0.03%	0.03%
	GPN	B	0.05%	0.05%	0.05%
	GRMN	A	0.06%	0.06%	0.06%
	GS	B	0.34%	0.34%	0.34%
	GWW	B	0.09%	0.1%	0.09%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	B	0.04%	0.04%	0.04%
	HCA	D	0.14%	0.14%	0.14%
	HD	B	0.8%	0.79%	0.79%
	HEI	B	0.03%	0.03%	0.03%
	HEI	B	0.03%	0.02%	0.02%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.02%	0.02%	0.02%
	HES	C	0.08%	0.08%	0.08%
	HIG	C	0.07%	0.07%	0.07%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.28%	0.27%	0.27%
	HOOD	B	0.02%	0.03%	0.02%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.02%	0.02%	0.02%
	HSY	D	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUBS	B	0.06%	0.05%	0.05%
	HUM	D	0.06%	0.06%	0.06%
	HWM	A	0.08%	0.08%	0.08%
	IBM	C	0.39%	0.38%	0.38%
	ICE	D	0.18%	0.18%	0.18%
	IDXX	D	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.05%	0.05%	0.05%
	ILMN	C	0.05%	0.05%	0.05%
	INCY	B	0.03%	0.03%	0.03%
	INTC	C	0.2%	0.2%	0.2%
	INTU	A	0.35%	0.34%	0.34%
	INVH	D	0.04%	0.04%	0.04%
	IOT	B	0.02%	0.02%	0.02%
	IQV	F	0.08%	0.08%	0.08%
	IR	A	0.08%	0.08%	0.08%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.37%	0.36%	0.36%
	IT	A	0.09%	0.08%	0.08%
	ITW	A	0.16%	0.16%	0.16%
	J	B	0.04%	0.04%	0.04%
	JBHT	B	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.1%	0.1%	0.1%
	JNJ	D	0.78%	0.75%	0.75%
	JPM	B	1.29%	1.26%	1.26%
	K	A	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.07%	0.07%
	KEYS	C	0.05%	0.05%	0.05%
	KHC	F	0.05%	0.06%	0.05%
	KKR	B	0.19%	0.17%	0.17%
	KLAC	F	0.18%	0.18%	0.18%
	KMB	F	0.09%	0.09%	0.09%
	KMI	B	0.1%	0.1%	0.1%
	KO	F	0.52%	0.53%	0.52%
	KR	A	0.08%	0.08%	0.08%
	KVUE	B	0.09%	0.09%	0.09%
	L	A	0.03%	0.03%	0.03%
	LDOS	B	0.05%	0.05%	0.05%
	LEN	D	0.0%	0.08%	0.0%
	LEN	D	0.09%	0.08%	0.08%
	LH	A	0.04%	0.04%	0.04%
	LHX	A	0.1%	0.09%	0.09%
	LII	B	0.04%	0.04%	0.04%
	LIN	D	0.45%	0.43%	0.43%
	LLY	F	1.41%	1.29%	1.29%
	LMT	C	0.27%	0.23%	0.23%
	LNG	B	0.09%	0.09%	0.09%
	LNT	C	0.03%	0.03%	0.03%
	LOW	B	0.31%	0.3%	0.3%
	LPLA	B	0.04%	0.04%	0.04%
	LRCX	F	0.2%	0.2%	0.2%
	LULU	C	0.07%	0.07%	0.07%
	LUV	B	0.04%	0.01%	0.01%
	LVS	C	0.04%	0.04%	0.04%
	LYB	F	0.04%	0.04%	0.04%
	LYV	B	0.03%	0.04%	0.03%
	MA	B	0.86%	0.83%	0.83%
	MAA	C	0.04%	0.04%	0.04%
	MAR	A	0.13%	0.12%	0.12%
	MCD	C	0.44%	0.42%	0.42%
	MCHP	F	0.08%	0.08%	0.08%
	MCK	A	0.14%	0.14%	0.14%
	MCO	C	0.15%	0.15%	0.15%
	MDB	C	0.04%	0.04%	0.04%
	MDLZ	F	0.19%	0.18%	0.18%
	MDT	D	0.23%	0.23%	0.23%
	MELI	D	0.2%	0.19%	0.19%
	MET	C	0.1%	0.09%	0.09%
	META	B	2.53%	2.48%	2.48%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MKL	A	0.05%	0.04%	0.04%
	MLM	B	0.08%	0.07%	0.07%
	MMC	C	0.22%	0.22%	0.22%
	MMM	C	0.14%	0.14%	0.14%
	MNST	B	0.08%	0.08%	0.08%
	MO	A	0.19%	0.18%	0.18%
	MOH	F	0.04%	0.04%	0.04%
	MPC	D	0.1%	0.1%	0.1%
	MPWR	F	0.08%	0.07%	0.07%
	MRK	F	0.53%	0.51%	0.51%
	MRNA	F	0.04%	0.03%	0.03%
	MRO	B	0.03%	0.03%	0.03%
	MRVL	B	0.15%	0.15%	0.15%
	MS	A	0.3%	0.28%	0.28%
	MSCI	B	0.09%	0.09%	0.09%
	MSFT	C	6.15%	5.75%	5.75%
	MSI	B	0.16%	0.15%	0.15%
	MSTR	B	0.08%	0.07%	0.07%
	MTB	B	0.06%	0.06%	0.06%
	MTD	F	0.06%	0.06%	0.06%
	MU	D	0.23%	0.23%	0.23%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.32%	0.32%	0.32%
	NEM	F	0.11%	0.1%	0.1%
	NET	B	0.05%	0.05%	0.05%
	NFLX	A	0.65%	0.65%	0.65%
	NKE	F	0.19%	0.19%	0.19%
	NOC	C	0.15%	0.14%	0.14%
	NOW	A	0.4%	0.39%	0.39%
	NSC	B	0.11%	0.11%	0.11%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.07%	0.07%	0.07%
	NVDA	B	6.6%	6.81%	6.6%
	NVR	D	0.06%	0.06%	0.06%
	O	D	0.11%	0.1%	0.1%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.11%	0.11%	0.11%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	B	0.04%	0.04%	0.04%
	ON	F	0.06%	0.06%	0.06%
	ORCL	A	0.54%	0.56%	0.54%
	ORLY	A	0.14%	0.14%	0.14%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	D	0.07%	0.07%	0.07%
	PANW	A	0.24%	0.23%	0.23%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	B	0.11%	0.11%	0.11%
	PCG	A	0.09%	0.08%	0.08%
	PEG	C	0.08%	0.08%	0.08%
	PEP	D	0.47%	0.46%	0.46%
	PFE	F	0.32%	0.31%	0.31%
	PFG	C	0.04%	0.04%	0.04%
	PG	C	0.8%	0.77%	0.77%
	PGR	A	0.29%	0.29%	0.29%
	PH	A	0.17%	0.17%	0.17%
	PHM	D	0.06%	0.06%	0.06%
	PINS	F	0.04%	0.04%	0.04%
	PLD	D	0.21%	0.21%	0.21%
	PLTR	B	0.17%	0.21%	0.17%
	PM	C	0.41%	0.41%	0.41%
	PNC	B	0.15%	0.15%	0.15%
	PPG	F	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	B	0.09%	0.09%	0.09%
	PSA	C	0.11%	0.11%	0.11%
	PSTG	D	0.03%	0.03%	0.03%
	PSX	D	0.1%	0.1%	0.1%
	PTC	B	0.04%	0.04%	0.04%
	PWR	B	0.09%	0.09%	0.09%
	PYPL	A	0.17%	0.16%	0.16%
	QCOM	F	0.38%	0.37%	0.37%
	RBLX	B	0.05%	0.05%	0.05%
	RCL	A	0.09%	0.1%	0.09%
	REGN	F	0.18%	0.18%	0.18%
	RF	B	0.04%	0.04%	0.04%
	RJF	A	0.06%	0.06%	0.06%
	RMD	C	0.08%	0.07%	0.07%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	A	0.12%	0.12%	0.12%
	ROST	F	0.09%	0.09%	0.09%
	RPRX	F	0.02%	0.02%	0.02%
	RS	B	0.03%	0.03%	0.03%
	RSG	A	0.08%	0.09%	0.08%
	RTX	C	0.32%	0.31%	0.31%
	RVTY	C	0.03%	0.03%	0.03%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	B	0.22%	0.22%	0.22%
	SCHW	A	0.22%	0.21%	0.21%
	SHW	A	0.18%	0.18%	0.18%
	SLB	C	0.12%	0.11%	0.11%
	SMCI	F	0.03%	0.03%	0.03%
	SNAP	C	0.02%	0.03%	0.02%
	SNOW	C	0.07%	0.07%	0.07%
	SNPS	B	0.16%	0.16%	0.16%
	SO	D	0.2%	0.19%	0.19%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	C	0.31%	0.31%	0.31%
	SQ	B	0.08%	0.08%	0.08%
	SRE	A	0.1%	0.1%	0.1%
	SSNC	C	0.03%	0.03%	0.03%
	STE	F	0.05%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	B	0.06%	0.06%	0.06%
	STX	D	0.04%	0.04%	0.04%
	STZ	D	0.08%	0.08%	0.08%
	SUI	D	0.03%	0.03%	0.03%
	SW	C	0.05%	0.05%	0.05%
	SWK	F	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.04%	0.04%
	SYK	A	0.24%	0.25%	0.24%
	SYY	B	0.08%	0.07%	0.07%
	T	A	0.32%	0.31%	0.31%
	TDG	B	0.15%	0.15%	0.15%
	TDY	A	0.04%	0.04%	0.04%
	TEAM	B	0.07%	0.07%	0.07%
	TER	F	0.03%	0.03%	0.03%
	TFC	B	0.11%	0.11%	0.11%
	TGT	C	0.14%	0.14%	0.14%
	TJX	B	0.27%	0.25%	0.25%
	TMO	F	0.44%	0.42%	0.42%
	TMUS	A	0.22%	0.24%	0.22%
	TRGP	B	0.08%	0.07%	0.07%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.04%	0.04%
	TRV	B	0.11%	0.11%	0.11%
	TSCO	C	0.06%	0.06%	0.06%
	TSLA	B	1.37%	1.43%	1.37%
	TSN	C	0.03%	0.03%	0.03%
	TT	A	0.18%	0.17%	0.17%
	TTD	B	0.11%	0.11%	0.11%
	TTWO	A	0.05%	0.05%	0.05%
	TW	C	0.03%	0.03%	0.03%
	TXN	C	0.38%	0.36%	0.36%
	TYL	B	0.06%	0.05%	0.05%
	UBER	F	0.3%	0.28%	0.28%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	1.05%	1.03%	1.03%
	UNP	C	0.29%	0.28%	0.28%
	UPS	C	0.2%	0.19%	0.19%
	URI	B	0.11%	0.11%	0.11%
	USB	A	0.14%	0.15%	0.14%
	V	A	0.95%	0.91%	0.91%
	VEEV	B	0.07%	0.06%	0.06%
	VICI	D	0.07%	0.07%	0.07%
	VLO	D	0.09%	0.09%	0.09%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.07%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRT	B	0.08%	0.08%	0.08%
	VRTX	B	0.25%	0.25%	0.25%
	VST	B	0.08%	0.08%	0.08%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	B	0.03%	0.03%	0.03%
	VZ	C	0.35%	0.34%	0.34%
	WAB	A	0.07%	0.07%	0.07%
	WAT	A	0.05%	0.05%	0.05%
	WBD	B	0.04%	0.04%	0.04%
	WDAY	B	0.11%	0.1%	0.1%
	WDC	D	0.04%	0.04%	0.04%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.16%	0.16%
	WFC	A	0.46%	0.44%	0.44%
	WLK	F	0.01%	0.01%	0.01%
	WM	A	0.18%	0.17%	0.17%
	WMB	B	0.13%	0.13%	0.13%
	WMT	A	0.74%	0.73%	0.73%
	WRB	B	0.04%	0.04%	0.04%
	WSM	F	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.03%	0.03%
	WST	B	0.05%	0.05%	0.05%
	WTW	A	0.06%	0.06%	0.06%
	WY	F	0.05%	0.05%	0.05%
	XEL	A	0.07%	0.07%	0.07%
	XOM	B	1.09%	1.05%	1.05%
	XYL	D	0.06%	0.06%	0.06%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	C	0.05%	0.04%	0.04%
	ZBRA	A	0.04%	0.04%	0.04%
	ZM	B	0.04%	0.04%	0.04%
	ZS	B	0.03%	0.03%	0.03%
	ZTS	D	0.17%	0.16%	0.16%

ONOF Overweight 15 Positions Relative to PBUS

	Symbol	Grade	Weight
	SPOT	A	0.11%
	UAL	B	0.06%
	CPNG	B	0.06%
	CVNA	B	0.04%
	IBKR	A	0.03%
	TKO	D	0.02%
	SCCO	F	0.02%
	DOX	C	0.02%
	OWL	B	0.02%
	GFS	C	0.01%
	WMG	B	0.01%
	SIRI	D	0.0%
	RKT	F	0.0%
	EDR	C	0.0%
	AGR	C	0.0%

ONOF Underweight 102 Positions Relative to PBUS

	Symbol	Grade	Weight
	NXPI	F	-0.11%
	WCN	A	-0.09%
	TPL	B	-0.05%
	MAS	D	-0.04%
	SNA	A	-0.04%
	IP	C	-0.04%
	NRG	B	-0.04%
	PKG	B	-0.04%
	EME	B	-0.04%
	ALLE	D	-0.03%
	REG	A	-0.03%
	UHS	D	-0.03%
	EXAS	F	-0.03%
	JKHY	C	-0.03%
	UDR	C	-0.03%
	GLPI	D	-0.03%
	FFIV	A	-0.03%
	POOL	D	-0.03%
	GGG	B	-0.03%
	EQH	B	-0.03%
	TWLO	A	-0.03%
	DOCU	B	-0.03%
	DPZ	C	-0.03%
	ACM	B	-0.03%
	FNF	C	-0.03%
	OC	A	-0.03%
	DT	C	-0.03%
	NI	A	-0.03%
	TXT	C	-0.03%
	UTHR	B	-0.03%
	GEN	A	-0.03%
	KEY	B	-0.03%
	BURL	C	-0.03%
	KIM	A	-0.03%
	MANH	C	-0.03%
	PODD	B	-0.03%
	RPM	A	-0.03%
	PNR	A	-0.03%
	RIVN	D	-0.02%
	DVA	C	-0.02%
	CHRD	F	-0.02%
	BIO	C	-0.02%
	CRBG	C	-0.02%
	SEIC	A	-0.02%
	TTC	F	-0.02%
	APA	F	-0.02%
	WYNN	F	-0.02%
	ROKU	C	-0.02%
	KNX	B	-0.02%
	HSIC	F	-0.02%
	MOS	D	-0.02%
	AFG	A	-0.02%
	AOS	F	-0.02%
	TFX	F	-0.02%
	MTCH	F	-0.02%
	CRL	C	-0.02%
	Z	B	-0.02%
	ALLY	C	-0.02%
	AIZ	A	-0.02%
	CNH	D	-0.02%
	LKQ	D	-0.02%
	MKTX	C	-0.02%
	WTRG	C	-0.02%
	TAP	B	-0.02%
	CTLT	D	-0.02%
	NWSA	B	-0.02%
	SOLV	D	-0.02%
	OVV	C	-0.02%
	PAYC	B	-0.02%
	FBIN	F	-0.02%
	AES	F	-0.02%
	TOST	A	-0.02%
	CCK	D	-0.02%
	LW	C	-0.02%
	EPAM	B	-0.02%
	KMX	C	-0.02%
	IPG	F	-0.02%
	AMH	C	-0.02%
	ALB	B	-0.02%
	CG	C	-0.02%
	DKS	F	-0.02%
	EMN	D	-0.02%
	TECH	B	-0.02%
	NBIX	C	-0.02%
	CHRW	A	-0.02%
	WPC	F	-0.02%
	ELS	C	-0.02%
	SJM	F	-0.02%
	DAY	C	-0.02%
	HST	C	-0.02%
	CPT	C	-0.02%
	JNPR	D	-0.02%
	BEN	C	-0.01%
	H	B	-0.01%
	DINO	D	-0.01%
	PARA	C	-0.01%
	BBWI	C	-0.01%
	UHAL	C	-0.01%
	WBA	D	-0.01%
	ACI	C	-0.01%
	QRVO	F	-0.01%
	HII	D	-0.01%

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Diagnostics & Research Capital Markets Software - Infrastructure Specialty Retail Asset Management Banks - Regional - US Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Insurance - Property & Casualty Internet Content & Information Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Electricity Insurance Dow Jones Component Electronics Aerospace Semiconductor Telecommunications Medicine Bank Cloud Computing Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50