ONOF vs. RWL ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to RevenueShares Large Cap ETF (RWL)

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

$33.47

Average Daily Volume

10,597

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$97.76

Average Daily Volume

112,951

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	RWL
30 Days	1.30%	1.65%
60 Days	-2.13%	2.62%
90 Days	-2.03%	4.67%
12 Months	13.20%	22.17%

423 Overlapping Holdings

Symbol	Grade	Weight in ONOF	Weight in RWL	Overlap
A	C	0.09%	0.04%	0.04%
AAPL	D	6.81%	2.26%	2.26%
ABBV	C	0.73%	0.35%	0.35%
ABNB	D	0.1%	0.05%	0.05%
ABT	C	0.43%	0.26%	0.26%
ACGL	B	0.08%	0.09%	0.08%
ACN	C	0.5%	0.45%	0.45%
ADBE	D	0.54%	0.13%	0.13%
ADI	D	0.24%	0.06%	0.06%
ADM	D	0.06%	0.52%	0.06%
ADP	B	0.24%	0.12%	0.12%
ADSK	B	0.12%	0.04%	0.04%
AEE	B	0.05%	0.05%	0.05%
AEP	B	0.11%	0.13%	0.11%
AFL	B	0.12%	0.14%	0.12%
AIG	D	0.1%	0.28%	0.1%
AJG	C	0.13%	0.07%	0.07%
AKAM	D	0.03%	0.02%	0.02%
ALGN	D	0.03%	0.02%	0.02%
ALL	A	0.1%	0.39%	0.1%
AMAT	D	0.33%	0.12%	0.12%
AMCR	C	0.03%	0.08%	0.03%
AMD	F	0.51%	0.12%	0.12%
AME	C	0.08%	0.04%	0.04%
AMGN	B	0.37%	0.18%	0.18%
AMP	B	0.09%	0.1%	0.09%
AMT	C	0.24%	0.08%	0.08%
AMZN	C	3.63%	3.4%	3.4%
ANET	B	0.17%	0.04%	0.04%
ANSS	F	0.06%	0.01%	0.01%
AON	B	0.14%	0.09%	0.09%
APD	B	0.13%	0.07%	0.07%
APH	D	0.16%	0.07%	0.07%
APTV	D	0.04%	0.11%	0.04%
ARE	B	0.04%	0.02%	0.02%
ATO	B	0.04%	0.03%	0.03%
AVB	B	0.07%	0.02%	0.02%
AVGO	C	1.52%	0.23%	0.23%
AVY	D	0.04%	0.05%	0.04%
AWK	A	0.06%	0.03%	0.03%
AXON	B	0.05%	0.01%	0.01%
AXP	B	0.31%	0.45%	0.31%
AZO	D	0.11%	0.11%	0.11%
BA	F	0.2%	0.4%	0.2%
BAC	D	0.56%	1.02%	0.56%
BALL	C	0.04%	0.08%	0.04%
BAX	C	0.04%	0.1%	0.04%
BBY	B	0.04%	0.27%	0.04%
BDX	F	0.14%	0.11%	0.11%
BG	D	0.03%	0.3%	0.03%
BIIB	F	0.06%	0.04%	0.04%
BK	A	0.11%	0.24%	0.11%
BKNG	B	0.27%	0.13%	0.13%
BKR	D	0.07%	0.16%	0.07%
BLDR	C	0.04%	0.11%	0.04%
BLK	A	0.27%	0.12%	0.12%
BMY	C	0.21%	0.3%	0.21%
BR	D	0.05%	0.04%	0.04%
BRK.A	C	1.24%	2.32%	1.24%
BRO	C	0.05%	0.03%	0.03%
BSX	B	0.26%	0.09%	0.09%
BX	B	0.21%	0.07%	0.07%
BXP	B	0.02%	0.02%	0.02%
C	D	0.22%	0.9%	0.22%
CAG	B	0.03%	0.08%	0.03%
CAH	C	0.06%	1.4%	0.06%
CARR	B	0.12%	0.15%	0.12%
CAT	C	0.35%	0.4%	0.35%
CB	B	0.24%	0.32%	0.24%
CBOE	C	0.05%	0.03%	0.03%
CBRE	A	0.08%	0.25%	0.08%
CCI	B	0.11%	0.05%	0.05%
CCL	C	0.03%	0.14%	0.03%
CDNS	D	0.15%	0.02%	0.02%
CDW	D	0.06%	0.12%	0.06%
CE	D	0.03%	0.05%	0.03%
CEG	C	0.12%	0.11%	0.11%
CF	B	0.03%	0.04%	0.03%
CFG	D	0.04%	0.08%	0.04%
CHD	C	0.05%	0.03%	0.03%
CHTR	D	0.07%	0.38%	0.07%
CI	C	0.21%	1.25%	0.21%
CINF	B	0.04%	0.07%	0.04%
CL	C	0.19%	0.13%	0.13%
CLX	C	0.04%	0.05%	0.04%
CMCSA	D	0.32%	0.72%	0.32%
CME	C	0.17%	0.04%	0.04%
CMG	C	0.16%	0.05%	0.05%
CMI	C	0.08%	0.21%	0.08%
CMS	A	0.04%	0.05%	0.04%
CNC	C	0.08%	0.95%	0.08%
CNP	C	0.04%	0.04%	0.04%
COF	C	0.11%	0.3%	0.11%
COP	D	0.25%	0.29%	0.25%
COST	C	0.84%	1.53%	0.84%
CPAY	B	0.04%	0.03%	0.03%
CPB	B	0.02%	0.06%	0.02%
CPRT	D	0.09%	0.02%	0.02%
CRM	D	0.5%	0.22%	0.22%
CRWD	F	0.12%	0.01%	0.01%
CSCO	B	0.42%	0.34%	0.34%
CSGP	D	0.07%	0.02%	0.02%
CSX	D	0.14%	0.09%	0.09%
CTAS	C	0.15%	0.06%	0.06%
CTRA	F	0.04%	0.03%	0.03%
CTSH	C	0.08%	0.13%	0.08%
CTVA	B	0.08%	0.1%	0.08%
CVS	D	0.15%	1.95%	0.15%
CVX	D	0.49%	1.01%	0.49%
D	C	0.1%	0.09%	0.09%
DAL	C	0.06%	0.3%	0.06%
DD	B	0.06%	0.07%	0.06%
DE	B	0.21%	0.34%	0.21%
DECK	C	0.05%	0.02%	0.02%
DFS	C	0.07%	0.13%	0.07%
DG	F	0.04%	0.15%	0.04%
DGX	B	0.04%	0.06%	0.04%
DHI	B	0.12%	0.28%	0.12%
DHR	B	0.38%	0.16%	0.16%
DIS	D	0.34%	0.45%	0.34%
DLR	B	0.11%	0.03%	0.03%
DLTR	F	0.03%	0.11%	0.03%
DOC	C	0.03%	0.01%	0.01%
DOV	B	0.05%	0.05%	0.05%
DOW	D	0.08%	0.22%	0.08%
DRI	C	0.04%	0.07%	0.04%
DTE	B	0.05%	0.07%	0.05%
DUK	C	0.19%	0.19%	0.19%
DVN	F	0.05%	0.07%	0.05%
DXCM	F	0.06%	0.01%	0.01%
EA	D	0.07%	0.04%	0.04%
EBAY	B	0.06%	0.07%	0.06%
ECL	B	0.13%	0.09%	0.09%
ED	C	0.08%	0.09%	0.08%
EFX	C	0.08%	0.04%	0.04%
EG	B	0.03%	0.09%	0.03%
EIX	C	0.07%	0.11%	0.07%
EL	F	0.04%	0.06%	0.04%
ELV	C	0.27%	0.99%	0.27%
EMR	D	0.12%	0.09%	0.09%
ENPH	C	0.03%	0.01%	0.01%
EOG	D	0.14%	0.13%	0.13%
EQIX	B	0.17%	0.05%	0.05%
EQR	B	0.05%	0.02%	0.02%
EQT	D	0.03%	0.02%	0.02%
ES	C	0.05%	0.07%	0.05%
ESS	B	0.04%	0.01%	0.01%
ETN	C	0.25%	0.13%	0.13%
ETR	A	0.05%	0.08%	0.05%
EVRG	A	0.03%	0.04%	0.03%
EW	F	0.09%	0.03%	0.03%
EXC	B	0.08%	0.14%	0.08%
EXPD	B	0.04%	0.05%	0.04%
EXPE	C	0.03%	0.08%	0.03%
EXR	B	0.08%	0.02%	0.02%
F	D	0.09%	0.91%	0.09%
FANG	D	0.06%	0.04%	0.04%
FAST	C	0.08%	0.05%	0.05%
FCX	D	0.12%	0.12%	0.12%
FDS	C	0.03%	0.01%	0.01%
FDX	C	0.14%	0.57%	0.14%
FE	C	0.05%	0.08%	0.05%
FICO	A	0.1%	0.01%	0.01%
FIS	B	0.1%	0.07%	0.07%
FITB	B	0.06%	0.09%	0.06%
FOX	B	0.01%	0.05%	0.01%
FOXA	B	0.02%	0.05%	0.02%
FSLR	C	0.05%	0.02%	0.02%
FTNT	C	0.1%	0.04%	0.04%
FTV	C	0.05%	0.03%	0.03%
GD	B	0.14%	0.25%	0.14%
GDDY	C	0.04%	0.03%	0.03%
GE	B	0.38%	0.26%	0.26%
GEHC	C	0.08%	0.13%	0.08%
GEV	B	0.12%	0.2%	0.12%
GILD	B	0.21%	0.2%	0.2%
GIS	B	0.09%	0.13%	0.09%
GLW	B	0.07%	0.08%	0.07%
GM	B	0.11%	0.97%	0.11%
GOOG	D	1.69%	0.78%	0.78%
GOOGL	D	1.88%	0.79%	0.79%
GPC	D	0.04%	0.13%	0.04%
GPN	D	0.06%	0.06%	0.06%
GRMN	D	0.06%	0.04%	0.04%
GS	D	0.32%	0.7%	0.32%
GWW	B	0.08%	0.1%	0.08%
HAL	F	0.05%	0.11%	0.05%
HBAN	B	0.04%	0.07%	0.04%
HCA	B	0.16%	0.44%	0.16%
HD	B	0.78%	0.93%	0.78%
HES	D	0.07%	0.06%	0.06%
HIG	A	0.07%	0.16%	0.07%
HLT	B	0.11%	0.06%	0.06%
HOLX	B	0.04%	0.02%	0.02%
HON	D	0.28%	0.2%	0.2%
HPE	D	0.04%	0.12%	0.04%
HPQ	D	0.07%	0.28%	0.07%
HRL	C	0.02%	0.07%	0.02%
HSY	C	0.06%	0.07%	0.06%
HUBB	B	0.04%	0.03%	0.03%
HUM	F	0.08%	0.56%	0.08%
HWM	B	0.08%	0.05%	0.05%
IBM	B	0.41%	0.44%	0.41%
ICE	B	0.19%	0.07%	0.07%
IDXX	C	0.08%	0.02%	0.02%
IEX	D	0.03%	0.02%	0.02%
IFF	B	0.06%	0.07%	0.06%
INCY	C	0.02%	0.02%	0.02%
INTC	F	0.18%	0.2%	0.18%
INTU	D	0.37%	0.1%	0.1%
INVH	C	0.04%	0.01%	0.01%
IQV	C	0.09%	0.1%	0.09%
IR	C	0.08%	0.04%	0.04%
IRM	B	0.07%	0.04%	0.04%
ISRG	C	0.37%	0.05%	0.05%
IT	B	0.08%	0.04%	0.04%
ITW	B	0.16%	0.1%	0.1%
J	D	0.04%	0.1%	0.04%
JBHT	D	0.03%	0.08%	0.03%
JBL	D	0.02%	0.16%	0.02%
JCI	B	0.1%	0.16%	0.1%
JNJ	B	0.84%	0.57%	0.57%
JPM	D	1.26%	1.52%	1.26%
K	A	0.04%	0.11%	0.04%
KDP	A	0.08%	0.09%	0.08%
KEYS	C	0.05%	0.03%	0.03%
KHC	C	0.06%	0.16%	0.06%
KKR	B	0.17%	0.14%	0.14%
KLAC	D	0.21%	0.05%	0.05%
KMB	D	0.1%	0.12%	0.1%
KMI	A	0.09%	0.09%	0.09%
KO	B	0.59%	0.3%	0.3%
KR	B	0.07%	0.93%	0.07%
KVUE	B	0.09%	0.11%	0.09%
L	B	0.03%	0.1%	0.03%
LDOS	C	0.04%	0.1%	0.04%
LEN	B	0.09%	0.23%	0.09%
LEN	B	0.0%	0.23%	0.0%
LHX	D	0.09%	0.12%	0.09%
LIN	B	0.47%	0.2%	0.2%
LLY	C	1.66%	0.22%	0.22%
LMT	C	0.29%	0.49%	0.29%
LNT	A	0.03%	0.03%	0.03%
LOW	B	0.3%	0.54%	0.3%
LRCX	F	0.21%	0.06%	0.06%
LULU	D	0.06%	0.05%	0.05%
LUV	C	0.04%	0.15%	0.04%
LVS	D	0.03%	0.06%	0.03%
LYB	F	0.05%	0.23%	0.05%
LYV	B	0.03%	0.14%	0.03%
MA	B	0.85%	0.16%	0.16%
MAA	B	0.04%	0.01%	0.01%
MAR	C	0.12%	0.13%	0.12%
MCD	C	0.45%	0.17%	0.17%
MCHP	D	0.09%	0.04%	0.04%
MCK	F	0.14%	1.51%	0.14%
MCO	A	0.16%	0.04%	0.04%
MDLZ	B	0.21%	0.23%	0.21%
MDT	C	0.24%	0.2%	0.2%
MET	A	0.09%	0.42%	0.09%
META	A	2.39%	0.84%	0.84%
MGM	D	0.02%	0.08%	0.02%
MKC	B	0.04%	0.05%	0.04%
MLM	D	0.07%	0.03%	0.03%
MMC	C	0.24%	0.14%	0.14%
MMM	B	0.15%	0.18%	0.15%
MNST	C	0.07%	0.04%	0.04%
MO	C	0.19%	0.14%	0.14%
MOH	C	0.04%	0.23%	0.04%
MPC	D	0.12%	0.79%	0.12%
MPWR	C	0.09%	0.01%	0.01%
MRK	D	0.62%	0.31%	0.31%
MRNA	F	0.06%	0.01%	0.01%
MRO	D	0.03%	0.03%	0.03%
MS	D	0.26%	0.57%	0.26%
MSCI	C	0.09%	0.02%	0.02%
MSFT	C	6.58%	1.29%	1.29%
MSI	C	0.15%	0.07%	0.07%
MTB	B	0.06%	0.09%	0.06%
MTD	D	0.06%	0.02%	0.02%
MU	F	0.21%	0.06%	0.06%
NDAQ	B	0.06%	0.04%	0.04%
NDSN	C	0.03%	0.02%	0.02%
NEE	B	0.36%	0.15%	0.15%
NEM	B	0.12%	0.1%	0.1%
NFLX	B	0.61%	0.2%	0.2%
NKE	D	0.2%	0.24%	0.2%
NOC	B	0.16%	0.28%	0.16%
NOW	A	0.38%	0.07%	0.07%
NSC	C	0.12%	0.08%	0.08%
NTAP	D	0.05%	0.03%	0.03%
NTRS	B	0.04%	0.08%	0.04%
NUE	F	0.07%	0.17%	0.07%
NVDA	D	5.86%	0.41%	0.41%
NVR	B	0.06%	0.06%	0.06%
O	B	0.11%	0.03%	0.03%
ODFL	C	0.08%	0.04%	0.04%
OKE	B	0.11%	0.12%	0.11%
OMC	A	0.04%	0.09%	0.04%
ON	D	0.06%	0.04%	0.04%
ORCL	B	0.52%	0.35%	0.35%
ORLY	B	0.14%	0.1%	0.1%
OTIS	D	0.08%	0.08%	0.08%
OXY	F	0.07%	0.13%	0.07%
PANW	D	0.23%	0.05%	0.05%
PAYX	C	0.09%	0.03%	0.03%
PCAR	D	0.1%	0.18%	0.1%
PCG	C	0.09%	0.15%	0.09%
PEG	B	0.09%	0.06%	0.06%
PEP	C	0.51%	0.56%	0.51%
PFE	C	0.36%	0.33%	0.33%
PFG	B	0.04%	0.09%	0.04%
PG	C	0.87%	0.49%	0.49%
PGR	A	0.31%	0.45%	0.31%
PH	B	0.16%	0.13%	0.13%
PHM	B	0.06%	0.11%	0.06%
PLD	C	0.25%	0.05%	0.05%
PM	C	0.41%	0.25%	0.25%
PNC	B	0.15%	0.22%	0.15%
PPG	C	0.06%	0.1%	0.06%
PPL	C	0.05%	0.05%	0.05%
PRU	C	0.09%	0.34%	0.09%
PSA	B	0.12%	0.03%	0.03%
PSX	D	0.11%	0.77%	0.11%
PTC	D	0.04%	0.01%	0.01%
PWR	B	0.08%	0.12%	0.08%
PYPL	B	0.15%	0.2%	0.15%
QCOM	D	0.39%	0.16%	0.16%
RCL	B	0.08%	0.09%	0.08%
REGN	C	0.25%	0.08%	0.08%
RF	B	0.04%	0.06%	0.04%
RJF	C	0.05%	0.08%	0.05%
RMD	C	0.08%	0.03%	0.03%
ROK	D	0.06%	0.05%	0.05%
ROL	C	0.03%	0.02%	0.02%
ROP	C	0.12%	0.04%	0.04%
ROST	C	0.1%	0.12%	0.1%
RSG	D	0.09%	0.09%	0.09%
RTX	C	0.33%	0.46%	0.33%
SBAC	C	0.05%	0.02%	0.02%
SBUX	C	0.23%	0.26%	0.23%
SCHW	D	0.2%	0.12%	0.12%
SHW	B	0.19%	0.16%	0.16%
SLB	F	0.12%	0.18%	0.12%
SMCI	F	0.05%	0.04%	0.04%
SNPS	D	0.16%	0.03%	0.03%
SO	B	0.2%	0.16%	0.16%
SPG	B	0.11%	0.04%	0.04%
SPGI	B	0.34%	0.09%	0.09%
SRE	B	0.11%	0.08%	0.08%
STE	C	0.05%	0.03%	0.03%
STLD	D	0.03%	0.1%	0.03%
STT	A	0.05%	0.12%	0.05%
STX	D	0.04%	0.03%	0.03%
STZ	C	0.08%	0.06%	0.06%
SW	B	0.05%	0.1%	0.05%
SWK	B	0.03%	0.1%	0.03%
SWKS	F	0.03%	0.02%	0.02%
SYF	C	0.04%	0.12%	0.04%
SYK	C	0.25%	0.13%	0.13%
SYY	D	0.08%	0.48%	0.08%
T	B	0.32%	0.85%	0.32%
TDG	B	0.15%	0.04%	0.04%
TDY	C	0.04%	0.03%	0.03%
TEL	D	0.09%	0.09%	0.09%
TER	D	0.04%	0.01%	0.01%
TFC	D	0.12%	0.22%	0.12%
TGT	C	0.14%	0.63%	0.14%
TJX	C	0.29%	0.34%	0.29%
TMO	C	0.5%	0.26%	0.26%
TMUS	C	0.2%	0.51%	0.2%
TRGP	B	0.07%	0.11%	0.07%
TRMB	C	0.03%	0.02%	0.02%
TROW	D	0.05%	0.03%	0.03%
TRV	B	0.11%	0.28%	0.11%
TSCO	C	0.06%	0.08%	0.06%
TSLA	C	1.33%	0.69%	0.69%
TSN	C	0.04%	0.34%	0.04%
TT	B	0.17%	0.11%	0.11%
TTWO	D	0.05%	0.03%	0.03%
TXN	C	0.39%	0.1%	0.1%
TYL	C	0.05%	0.01%	0.01%
UAL	B	0.03%	0.31%	0.03%
UBER	C	0.3%	0.21%	0.21%
ULTA	D	0.04%	0.06%	0.04%
UNH	C	1.15%	2.54%	1.15%
UNP	B	0.32%	0.15%	0.15%
UPS	D	0.2%	0.48%	0.2%
URI	B	0.1%	0.09%	0.09%
USB	B	0.14%	0.26%	0.14%
V	B	0.95%	0.2%	0.2%
VICI	C	0.07%	0.02%	0.02%
VLO	D	0.09%	0.71%	0.09%
VLTO	C	0.05%	0.03%	0.03%
VMC	D	0.06%	0.04%	0.04%
VRSK	D	0.08%	0.02%	0.02%
VRSN	D	0.03%	0.01%	0.01%
VRTX	D	0.26%	0.06%	0.06%
VST	C	0.06%	0.08%	0.06%
VTR	C	0.05%	0.03%	0.03%
VTRS	C	0.03%	0.1%	0.03%
VZ	B	0.39%	0.84%	0.39%
WAB	A	0.06%	0.06%	0.06%
WAT	C	0.04%	0.02%	0.02%
WBD	D	0.03%	0.24%	0.03%
WDC	D	0.04%	0.05%	0.04%
WEC	B	0.06%	0.06%	0.06%
WELL	B	0.16%	0.05%	0.05%
WFC	D	0.4%	0.61%	0.4%
WM	D	0.18%	0.12%	0.12%
WMB	B	0.11%	0.06%	0.06%
WMT	B	0.73%	4.41%	0.73%
WRB	C	0.04%	0.08%	0.04%
WST	D	0.05%	0.01%	0.01%
WTW	B	0.06%	0.06%	0.06%
WY	C	0.05%	0.05%	0.05%
XEL	A	0.07%	0.09%	0.07%
XOM	D	1.04%	1.91%	1.04%
XYL	D	0.06%	0.04%	0.04%
YUM	D	0.08%	0.04%	0.04%
ZBH	F	0.05%	0.04%	0.04%
ZBRA	B	0.04%	0.03%	0.03%
ZTS	B	0.19%	0.06%	0.06%

ONOF Overweight 71 Positions Relative to RWL

Symbol	Grade	Weight
MELI	B	0.2%
MRVL	C	0.14%
PLTR	B	0.14%
WDAY	D	0.11%
SPOT	B	0.1%
DASH	C	0.09%
APO	C	0.09%
TTD	B	0.09%
FLUT	B	0.08%
LNG	D	0.08%
COIN	F	0.07%
ALNY	B	0.07%
VEEV	C	0.07%
SQ	D	0.07%
SNOW	F	0.07%
TEAM	F	0.06%
VRT	C	0.06%
DDOG	D	0.06%
DELL	D	0.06%
RBLX	B	0.05%
NET	F	0.05%
HUBS	D	0.05%
CPNG	B	0.05%
ARES	B	0.05%
PINS	F	0.04%
SUI	B	0.04%
AVTR	B	0.04%
ZM	C	0.04%
DKNG	D	0.04%
LII	B	0.04%
APP	B	0.04%
TRU	B	0.04%
CSL	C	0.04%
BAH	B	0.04%
MKL	C	0.04%
ILMN	C	0.04%
MSTR	D	0.04%
MDB	D	0.04%
FCNCA	D	0.04%
IBKR	B	0.03%
ERIE	A	0.03%
CVNA	B	0.03%
TW	A	0.03%
PSTG	F	0.03%
HEI	B	0.03%
ZS	F	0.03%
RS	D	0.03%
LPLA	D	0.03%
BMRN	F	0.03%
SSNC	B	0.03%
WSO	C	0.03%
WSM	C	0.03%
ENTG	D	0.03%
BSY	D	0.02%
TKO	B	0.02%
SCCO	D	0.02%
OWL	C	0.02%
IOT	A	0.02%
SNAP	F	0.02%
DOX	C	0.02%
HOOD	C	0.02%
HEI	B	0.02%
RPRX	C	0.02%
OKTA	F	0.02%
GFS	F	0.01%
WMG	D	0.01%
WLK	D	0.01%
CELH	F	0.01%
EDR	A	0.0%
RKT	B	0.0%
AGR	B	0.0%

ONOF Underweight 74 Positions Relative to RWL

Symbol	Grade	Weight
WBA	F	-0.46%
AAL	D	-0.29%
PARA	F	-0.17%
NRG	C	-0.16%
KMX	D	-0.16%
CHRW	B	-0.12%
IP	B	-0.11%
UHS	B	-0.1%
DVA	B	-0.08%
LKQ	D	-0.08%
TXT	D	-0.08%
MHK	B	-0.08%
BWA	D	-0.08%
CZR	C	-0.07%
AES	C	-0.07%
MOS	F	-0.07%
HII	C	-0.07%
KEY	B	-0.07%
HSIC	C	-0.07%
AIZ	B	-0.07%
TAP	C	-0.07%
SOLV	C	-0.06%
NCLH	C	-0.06%
NXPI	D	-0.06%
IPG	C	-0.06%
SJM	C	-0.05%
PKG	B	-0.05%
MAS	B	-0.05%
EMN	B	-0.05%
NI	B	-0.04%
IVZ	C	-0.04%
RL	B	-0.04%
TPR	C	-0.04%
APA	F	-0.04%
ALB	F	-0.04%
GL	C	-0.04%
BEN	F	-0.04%
CTLT	B	-0.03%
FMC	C	-0.03%
BBWI	F	-0.03%
NWSA	D	-0.03%
PNR	B	-0.03%
LW	D	-0.03%
NWS	D	-0.03%
HAS	B	-0.03%
HST	D	-0.03%
EPAM	D	-0.03%
PNW	B	-0.03%
SNA	B	-0.03%
POOL	C	-0.03%
JNPR	A	-0.03%
WYNN	D	-0.03%
BIO	C	-0.02%
DPZ	F	-0.02%
FFIV	A	-0.02%
TFX	C	-0.02%
QRVO	F	-0.02%
AOS	C	-0.02%
MTCH	C	-0.02%
CRL	D	-0.02%
GNRC	D	-0.02%
ALLE	B	-0.02%
MKTX	C	-0.01%
TECH	C	-0.01%
FRT	C	-0.01%
REG	C	-0.01%
CPT	B	-0.01%
DAY	D	-0.01%
UDR	B	-0.01%
PODD	B	-0.01%
PAYC	D	-0.01%
KIM	B	-0.01%
JKHY	B	-0.01%
ETSY	F	-0.01%