ONOF vs. SPUU ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to Direxion Daily S&P 500 Bull 2X Shares (SPUU)

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

$34.01

Average Daily Volume

9,166

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

SPUU

Direxion Daily S&P 500 Bull 2X Shares

SPUU Description

The investment seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500® Index. The fund normally creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$141.23

Average Daily Volume

24,747

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	SPUU
30 Days	1.27%	1.88%
60 Days	2.51%	13.03%
90 Days	-1.31%	4.80%
12 Months	21.11%	73.06%

426 Overlapping Holdings

	Symbol	Grade	Weight in ONOF	Weight in SPUU	Overlap
	A	B	0.08%	0.08%	0.08%
	AAPL	C	6.71%	6.38%	6.38%
	ABBV	A	0.69%	0.63%	0.63%
	ABNB	D	0.11%	0.1%	0.1%
	ABT	B	0.4%	0.36%	0.36%
	ACGL	A	0.08%	0.08%	0.08%
	ACN	B	0.46%	0.4%	0.4%
	ADBE	F	0.47%	0.42%	0.42%
	ADI	C	0.23%	0.21%	0.21%
	ADM	D	0.06%	0.05%	0.05%
	ADP	A	0.23%	0.2%	0.2%
	ADSK	B	0.12%	0.11%	0.11%
	AEE	A	0.05%	0.04%	0.04%
	AEP	C	0.11%	0.1%	0.1%
	AFL	A	0.12%	0.1%	0.1%
	AIG	F	0.1%	0.09%	0.09%
	AJG	D	0.12%	0.11%	0.11%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	B	0.1%	0.09%	0.09%
	AMAT	B	0.33%	0.31%	0.31%
	AMCR	B	0.03%	0.03%	0.03%
	AMD	D	0.53%	0.49%	0.49%
	AME	D	0.08%	0.07%	0.07%
	AMGN	D	0.34%	0.32%	0.32%
	AMP	A	0.09%	0.08%	0.08%
	AMT	C	0.22%	0.2%	0.2%
	AMZN	C	3.67%	3.23%	3.23%
	ANET	A	0.19%	0.18%	0.18%
	ANSS	D	0.06%	0.05%	0.05%
	AON	A	0.14%	0.14%	0.14%
	APD	C	0.13%	0.12%	0.12%
	APH	D	0.16%	0.14%	0.14%
	APTV	D	0.04%	0.04%	0.04%
	ARE	D	0.04%	0.03%	0.03%
	ATO	A	0.04%	0.04%	0.04%
	AVB	C	0.07%	0.06%	0.06%
	AVGO	C	1.64%	1.48%	1.48%
	AVY	C	0.04%	0.03%	0.03%
	AWK	B	0.06%	0.05%	0.05%
	AXON	A	0.06%	0.05%	0.05%
	AXP	A	0.31%	0.28%	0.28%
	AZO	D	0.11%	0.1%	0.1%
	BA	F	0.18%	0.17%	0.17%
	BAC	D	0.55%	0.49%	0.49%
	BALL	C	0.04%	0.04%	0.04%
	BAX	D	0.04%	0.04%	0.04%
	BBY	B	0.04%	0.04%	0.04%
	BDX	B	0.14%	0.13%	0.13%
	BG	F	0.03%	0.03%	0.03%
	BIIB	F	0.06%	0.05%	0.05%
	BK	C	0.11%	0.1%	0.1%
	BKNG	C	0.29%	0.26%	0.26%
	BKR	B	0.07%	0.07%	0.07%
	BLDR	B	0.05%	0.04%	0.04%
	BLK	A	0.28%	0.24%	0.24%
	BMY	B	0.21%	0.19%	0.19%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	C	1.2%	1.54%	1.2%
	BRO	A	0.05%	0.04%	0.04%
	BSX	A	0.25%	0.23%	0.23%
	BX	C	0.22%	0.21%	0.21%
	BXP	C	0.02%	0.02%	0.02%
	C	B	0.23%	0.22%	0.22%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.05%	0.05%	0.05%
	CARR	A	0.13%	0.12%	0.12%
	CAT	A	0.38%	0.35%	0.35%
	CB	A	0.24%	0.2%	0.2%
	CBOE	A	0.05%	0.04%	0.04%
	CBRE	A	0.08%	0.07%	0.07%
	CCI	C	0.1%	0.09%	0.09%
	CCL	C	0.04%	0.03%	0.03%
	CDNS	D	0.15%	0.14%	0.14%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.03%	0.03%
	CEG	B	0.17%	0.15%	0.15%
	CF	A	0.03%	0.03%	0.03%
	CFG	D	0.04%	0.03%	0.03%
	CHD	C	0.05%	0.05%	0.05%
	CHTR	D	0.06%	0.06%	0.06%
	CI	D	0.2%	0.18%	0.18%
	CINF	A	0.04%	0.04%	0.04%
	CL	D	0.18%	0.16%	0.16%
	CLX	B	0.05%	0.04%	0.04%
	CMCSA	B	0.32%	0.3%	0.3%
	CME	A	0.16%	0.14%	0.14%
	CMG	C	0.16%	0.14%	0.14%
	CMI	B	0.09%	0.08%	0.08%
	CMS	A	0.04%	0.04%	0.04%
	CNC	F	0.08%	0.07%	0.07%
	CNP	B	0.04%	0.03%	0.03%
	COF	C	0.11%	0.1%	0.1%
	COP	D	0.25%	0.22%	0.22%
	COST	C	0.82%	0.72%	0.72%
	CPAY	A	0.04%	0.04%	0.04%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	B	0.09%	0.08%	0.08%
	CRM	B	0.53%	0.49%	0.49%
	CRWD	D	0.13%	0.12%	0.12%
	CSCO	A	0.44%	0.39%	0.39%
	CSGP	F	0.06%	0.06%	0.06%
	CSX	D	0.13%	0.12%	0.12%
	CTAS	B	0.15%	0.13%	0.13%
	CTRA	D	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.07%	0.07%
	CTVA	A	0.08%	0.07%	0.07%
	CVS	D	0.15%	0.14%	0.14%
	CVX	B	0.5%	0.46%	0.46%
	D	A	0.1%	0.09%	0.09%
	DAL	C	0.06%	0.06%	0.06%
	DD	B	0.07%	0.07%	0.07%
	DE	A	0.21%	0.2%	0.2%
	DECK	B	0.05%	0.04%	0.04%
	DELL	C	0.07%	0.06%	0.06%
	DFS	C	0.07%	0.06%	0.06%
	DG	F	0.04%	0.04%	0.04%
	DGX	B	0.03%	0.03%	0.03%
	DHI	C	0.11%	0.1%	0.1%
	DHR	C	0.36%	0.33%	0.33%
	DIS	D	0.35%	0.32%	0.32%
	DLR	C	0.11%	0.09%	0.09%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	0.03%	0.03%	0.03%
	DOV	C	0.05%	0.05%	0.05%
	DOW	B	0.08%	0.07%	0.07%
	DRI	C	0.04%	0.04%	0.04%
	DTE	A	0.05%	0.05%	0.05%
	DUK	A	0.18%	0.16%	0.16%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	F	0.05%	0.05%	0.05%
	EA	D	0.07%	0.06%	0.06%
	EBAY	A	0.07%	0.06%	0.06%
	ECL	B	0.13%	0.12%	0.12%
	ED	A	0.07%	0.07%	0.07%
	EFX	C	0.07%	0.07%	0.07%
	EG	B	0.03%	0.03%	0.03%
	EIX	A	0.07%	0.06%	0.06%
	EL	D	0.04%	0.04%	0.04%
	ELV	F	0.25%	0.22%	0.22%
	EMR	B	0.12%	0.12%	0.12%
	ENPH	D	0.03%	0.03%	0.03%
	EOG	B	0.15%	0.13%	0.13%
	EQIX	B	0.17%	0.15%	0.15%
	EQR	C	0.05%	0.05%	0.05%
	EQT	B	0.03%	0.04%	0.03%
	ERIE	A	0.03%	0.02%	0.02%
	ES	C	0.05%	0.04%	0.04%
	ESS	C	0.04%	0.03%	0.03%
	ETN	C	0.27%	0.24%	0.24%
	ETR	A	0.06%	0.05%	0.05%
	EVRG	C	0.03%	0.03%	0.03%
	EW	F	0.08%	0.07%	0.07%
	EXC	A	0.08%	0.07%	0.07%
	EXPD	C	0.04%	0.03%	0.03%
	EXPE	B	0.04%	0.03%	0.03%
	EXR	C	0.08%	0.07%	0.07%
	F	D	0.08%	0.08%	0.08%
	FANG	D	0.06%	0.06%	0.06%
	FAST	B	0.08%	0.08%	0.08%
	FCX	B	0.14%	0.14%	0.14%
	FDS	C	0.04%	0.03%	0.03%
	FDX	D	0.12%	0.11%	0.11%
	FE	B	0.05%	0.04%	0.04%
	FICO	A	0.1%	0.09%	0.09%
	FIS	C	0.09%	0.08%	0.08%
	FITB	C	0.06%	0.05%	0.05%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.02%	0.02%
	FSLR	C	0.06%	0.05%	0.05%
	FTNT	A	0.1%	0.09%	0.09%
	FTV	B	0.05%	0.05%	0.05%
	GD	A	0.14%	0.14%	0.14%
	GDDY	D	0.04%	0.04%	0.04%
	GE	C	0.42%	0.37%	0.37%
	GEHC	C	0.08%	0.07%	0.07%
	GEV	B	0.14%	0.13%	0.13%
	GILD	A	0.21%	0.19%	0.19%
	GIS	C	0.09%	0.08%	0.08%
	GLW	B	0.07%	0.06%	0.06%
	GM	D	0.11%	0.1%	0.1%
	GOOG	B	1.75%	1.46%	1.46%
	GOOGL	B	1.95%	1.77%	1.77%
	GPC	D	0.04%	0.04%	0.04%
	GPN	F	0.05%	0.05%	0.05%
	GRMN	D	0.05%	0.05%	0.05%
	GS	C	0.32%	0.29%	0.29%
	GWW	A	0.08%	0.09%	0.08%
	HAL	F	0.05%	0.05%	0.05%
	HBAN	D	0.04%	0.04%	0.04%
	HCA	B	0.16%	0.14%	0.14%
	HD	A	0.81%	0.73%	0.73%
	HES	D	0.07%	0.07%	0.07%
	HIG	A	0.07%	0.06%	0.06%
	HLT	A	0.11%	0.11%	0.11%
	HOLX	D	0.04%	0.03%	0.03%
	HON	C	0.28%	0.25%	0.25%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	C	0.07%	0.06%	0.06%
	HRL	F	0.02%	0.02%	0.02%
	HSY	D	0.06%	0.05%	0.05%
	HUBB	A	0.05%	0.04%	0.04%
	HUM	F	0.08%	0.07%	0.07%
	HWM	A	0.08%	0.07%	0.07%
	IBM	B	0.42%	0.37%	0.37%
	ICE	A	0.19%	0.17%	0.17%
	IDXX	D	0.08%	0.08%	0.08%
	IEX	D	0.03%	0.03%	0.03%
	IFF	C	0.05%	0.05%	0.05%
	INCY	B	0.02%	0.02%	0.02%
	INTC	D	0.21%	0.19%	0.19%
	INTU	F	0.35%	0.32%	0.32%
	INVH	D	0.04%	0.04%	0.04%
	IQV	F	0.08%	0.07%	0.07%
	IR	A	0.08%	0.07%	0.07%
	IRM	A	0.07%	0.06%	0.06%
	ISRG	A	0.35%	0.31%	0.31%
	IT	C	0.09%	0.07%	0.07%
	ITW	A	0.16%	0.13%	0.13%
	J	D	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.03%	0.03%
	JBL	D	0.03%	0.03%	0.03%
	JCI	B	0.1%	0.1%	0.1%
	JNJ	D	0.79%	0.72%	0.72%
	JPM	D	1.24%	1.1%	1.1%
	K	B	0.04%	0.04%	0.04%
	KDP	C	0.08%	0.07%	0.07%
	KEYS	B	0.05%	0.05%	0.05%
	KHC	D	0.06%	0.06%	0.06%
	KKR	A	0.18%	0.16%	0.16%
	KLAC	B	0.21%	0.19%	0.19%
	KMB	B	0.1%	0.09%	0.09%
	KMI	A	0.09%	0.08%	0.08%
	KO	C	0.57%	0.51%	0.51%
	KR	C	0.08%	0.07%	0.07%
	KVUE	C	0.09%	0.08%	0.08%
	L	D	0.03%	0.03%	0.03%
	LDOS	A	0.04%	0.04%	0.04%
	LEN	B	0.09%	0.08%	0.08%
	LEN	B	0.0%	0.08%	0.0%
	LHX	A	0.09%	0.08%	0.08%
	LIN	B	0.47%	0.42%	0.42%
	LLY	D	1.61%	1.28%	1.28%
	LMT	A	0.29%	0.23%	0.23%
	LNT	A	0.03%	0.03%	0.03%
	LOW	A	0.31%	0.28%	0.28%
	LRCX	D	0.22%	0.2%	0.2%
	LULU	D	0.06%	0.06%	0.06%
	LUV	B	0.03%	0.03%	0.03%
	LVS	B	0.03%	0.03%	0.03%
	LYB	D	0.05%	0.05%	0.05%
	LYV	A	0.03%	0.03%	0.03%
	MA	A	0.83%	0.75%	0.75%
	MAA	C	0.04%	0.03%	0.03%
	MAR	B	0.12%	0.11%	0.11%
	MCD	A	0.45%	0.4%	0.4%
	MCHP	F	0.08%	0.08%	0.08%
	MCK	F	0.13%	0.12%	0.12%
	MCO	D	0.15%	0.14%	0.14%
	MDLZ	C	0.2%	0.18%	0.18%
	MDT	B	0.23%	0.21%	0.21%
	MET	A	0.1%	0.09%	0.09%
	META	A	2.57%	2.28%	2.28%
	MGM	D	0.02%	0.02%	0.02%
	MKC	C	0.04%	0.04%	0.04%
	MLM	D	0.07%	0.06%	0.06%
	MMC	D	0.23%	0.2%	0.2%
	MMM	C	0.15%	0.14%	0.14%
	MNST	D	0.07%	0.07%	0.07%
	MO	D	0.18%	0.16%	0.16%
	MOH	D	0.04%	0.04%	0.04%
	MPC	F	0.12%	0.1%	0.1%
	MPWR	B	0.09%	0.08%	0.08%
	MRK	F	0.6%	0.53%	0.53%
	MRNA	F	0.04%	0.04%	0.04%
	MRO	D	0.03%	0.03%	0.03%
	MS	B	0.27%	0.24%	0.24%
	MSCI	B	0.09%	0.08%	0.08%
	MSFT	D	6.51%	5.86%	5.86%
	MSI	A	0.15%	0.14%	0.14%
	MTB	C	0.06%	0.05%	0.05%
	MTD	B	0.06%	0.06%	0.06%
	MU	D	0.22%	0.22%	0.22%
	NDAQ	C	0.06%	0.06%	0.06%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	A	0.35%	0.32%	0.32%
	NEM	C	0.13%	0.11%	0.11%
	NFLX	A	0.63%	0.56%	0.56%
	NKE	D	0.22%	0.2%	0.2%
	NOC	B	0.16%	0.13%	0.13%
	NOW	C	0.37%	0.33%	0.33%
	NSC	C	0.11%	0.1%	0.1%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	C	0.04%	0.03%	0.03%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	C	6.0%	5.5%	5.5%
	NVR	A	0.06%	0.06%	0.06%
	O	A	0.11%	0.1%	0.1%
	ODFL	D	0.08%	0.07%	0.07%
	OKE	B	0.11%	0.1%	0.1%
	OMC	C	0.04%	0.04%	0.04%
	ON	F	0.06%	0.06%	0.06%
	ORCL	B	0.53%	0.5%	0.5%
	ORLY	A	0.14%	0.12%	0.12%
	OTIS	A	0.08%	0.08%	0.08%
	OXY	F	0.07%	0.06%	0.06%
	PANW	D	0.22%	0.2%	0.2%
	PAYX	A	0.09%	0.08%	0.08%
	PCAR	D	0.1%	0.09%	0.09%
	PCG	B	0.09%	0.08%	0.08%
	PEG	A	0.09%	0.08%	0.08%
	PEP	D	0.48%	0.43%	0.43%
	PFE	D	0.34%	0.3%	0.3%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.83%	0.75%	0.75%
	PGR	C	0.31%	0.27%	0.27%
	PH	A	0.16%	0.15%	0.15%
	PHM	A	0.06%	0.05%	0.05%
	PLD	D	0.24%	0.21%	0.21%
	PLTR	A	0.15%	0.14%	0.14%
	PM	C	0.39%	0.35%	0.35%
	PNC	C	0.15%	0.13%	0.13%
	PPG	D	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.04%	0.04%
	PRU	C	0.09%	0.08%	0.08%
	PSA	C	0.12%	0.1%	0.1%
	PSX	D	0.11%	0.1%	0.1%
	PTC	D	0.04%	0.04%	0.04%
	PWR	B	0.09%	0.08%	0.08%
	PYPL	C	0.17%	0.15%	0.15%
	QCOM	D	0.38%	0.35%	0.35%
	RCL	C	0.08%	0.08%	0.08%
	REGN	D	0.22%	0.2%	0.2%
	RF	C	0.04%	0.04%	0.04%
	RJF	B	0.05%	0.04%	0.04%
	RMD	C	0.08%	0.06%	0.06%
	ROK	D	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	C	0.12%	0.11%	0.11%
	ROST	C	0.1%	0.09%	0.09%
	RSG	D	0.09%	0.08%	0.08%
	RTX	A	0.33%	0.3%	0.3%
	SBAC	B	0.05%	0.05%	0.05%
	SBUX	B	0.22%	0.2%	0.2%
	SCHW	D	0.2%	0.18%	0.18%
	SHW	B	0.18%	0.16%	0.16%
	SLB	D	0.12%	0.11%	0.11%
	SMCI	F	0.05%	0.04%	0.04%
	SNPS	F	0.16%	0.14%	0.14%
	SO	A	0.2%	0.18%	0.18%
	SPG	A	0.11%	0.09%	0.09%
	SPGI	C	0.33%	0.3%	0.3%
	SRE	A	0.11%	0.1%	0.1%
	STE	D	0.05%	0.04%	0.04%
	STLD	B	0.04%	0.03%	0.03%
	STT	C	0.05%	0.05%	0.05%
	STX	B	0.04%	0.04%	0.04%
	STZ	B	0.08%	0.07%	0.07%
	SW	C	0.05%	0.05%	0.05%
	SWK	A	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.04%	0.04%
	SYK	C	0.23%	0.23%	0.23%
	SYY	B	0.08%	0.07%	0.07%
	T	A	0.32%	0.29%	0.29%
	TDG	A	0.16%	0.15%	0.15%
	TDY	A	0.04%	0.04%	0.04%
	TEL	D	0.09%	0.08%	0.08%
	TER	C	0.04%	0.04%	0.04%
	TFC	D	0.11%	0.1%	0.1%
	TGT	C	0.15%	0.13%	0.13%
	TJX	C	0.28%	0.24%	0.24%
	TMO	C	0.47%	0.43%	0.43%
	TMUS	A	0.2%	0.19%	0.19%
	TRGP	B	0.07%	0.06%	0.06%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.04%	0.04%
	TRV	C	0.11%	0.1%	0.1%
	TSCO	A	0.06%	0.06%	0.06%
	TSLA	C	1.45%	1.33%	1.33%
	TSN	D	0.03%	0.03%	0.03%
	TT	A	0.18%	0.16%	0.16%
	TTWO	F	0.05%	0.05%	0.05%
	TXN	C	0.38%	0.35%	0.35%
	TYL	B	0.05%	0.05%	0.05%
	UAL	B	0.04%	0.04%	0.04%
	UBER	C	0.32%	0.29%	0.29%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	B	1.09%	0.99%	0.99%
	UNP	D	0.31%	0.27%	0.27%
	UPS	D	0.2%	0.18%	0.18%
	URI	C	0.11%	0.1%	0.1%
	USB	C	0.14%	0.13%	0.13%
	V	C	0.88%	0.85%	0.85%
	VICI	C	0.07%	0.06%	0.06%
	VLO	F	0.09%	0.08%	0.08%
	VLTO	A	0.05%	0.05%	0.05%
	VMC	D	0.07%	0.06%	0.06%
	VRSK	D	0.08%	0.07%	0.07%
	VRSN	B	0.03%	0.03%	0.03%
	VRTX	D	0.24%	0.22%	0.22%
	VST	A	0.08%	0.07%	0.07%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	D	0.03%	0.03%	0.03%
	VZ	A	0.38%	0.35%	0.35%
	WAB	A	0.07%	0.06%	0.06%
	WAT	B	0.04%	0.04%	0.04%
	WBD	D	0.04%	0.03%	0.03%
	WDC	C	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	C	0.16%	0.14%	0.14%
	WFC	D	0.38%	0.35%	0.35%
	WM	B	0.17%	0.14%	0.14%
	WMB	A	0.11%	0.1%	0.1%
	WMT	A	0.73%	0.64%	0.64%
	WRB	B	0.03%	0.03%	0.03%
	WST	D	0.05%	0.04%	0.04%
	WTW	B	0.06%	0.05%	0.05%
	WY	B	0.05%	0.05%	0.05%
	XEL	A	0.07%	0.07%	0.07%
	XOM	A	1.06%	0.95%	0.95%
	XYL	C	0.06%	0.06%	0.06%
	YUM	A	0.08%	0.07%	0.07%
	ZBH	F	0.05%	0.04%	0.04%
	ZBRA	A	0.04%	0.04%	0.04%
	ZTS	C	0.18%	0.16%	0.16%

ONOF Overweight 68 Positions Relative to SPUU

	Symbol	Grade	Weight
	MELI	C	0.2%
	MRVL	C	0.12%
	SPOT	B	0.11%
	TTD	C	0.1%
	WDAY	D	0.1%
	APO	A	0.1%
	FLUT	C	0.09%
	DASH	A	0.09%
	LNG	A	0.08%
	COIN	F	0.07%
	VEEV	C	0.07%
	ALNY	C	0.07%
	VRT	B	0.07%
	SNOW	F	0.07%
	SQ	D	0.07%
	CPNG	C	0.06%
	ARES	A	0.06%
	DDOG	D	0.06%
	RBLX	C	0.05%
	MSTR	B	0.05%
	APP	A	0.05%
	NET	D	0.05%
	FCNCA	D	0.05%
	HUBS	D	0.05%
	TEAM	D	0.05%
	LPLA	D	0.04%
	ZM	C	0.04%
	WSM	B	0.04%
	DKNG	D	0.04%
	PINS	D	0.04%
	MDB	F	0.04%
	LII	C	0.04%
	TRU	A	0.04%
	MKL	C	0.04%
	ILMN	B	0.04%
	BAH	A	0.04%
	CSL	A	0.04%
	BMRN	F	0.03%
	IBKR	A	0.03%
	TW	A	0.03%
	HEI	A	0.03%
	PSTG	F	0.03%
	ZS	F	0.03%
	SSNC	C	0.03%
	RS	D	0.03%
	CVNA	A	0.03%
	ENTG	D	0.03%
	AVTR	D	0.03%
	SUI	D	0.03%
	WSO	C	0.03%
	BSY	D	0.02%
	TKO	A	0.02%
	OWL	A	0.02%
	SCCO	B	0.02%
	IOT	C	0.02%
	DOX	B	0.02%
	RPRX	B	0.02%
	HEI	A	0.02%
	SNAP	D	0.02%
	HOOD	C	0.02%
	OKTA	F	0.02%
	GFS	F	0.01%
	WMG	D	0.01%
	WLK	C	0.01%
	CELH	F	0.01%
	EDR	A	0.0%
	RKT	C	0.0%
	AGR	C	0.0%

ONOF Underweight 72 Positions Relative to SPUU

	Symbol	Grade	Weight
	FI	A	-0.19%
	NXPI	F	-0.11%
	PKG	C	-0.04%
	UHS	D	-0.03%
	AES	B	-0.03%
	POOL	B	-0.03%
	DPZ	D	-0.03%
	SNA	A	-0.03%
	KEY	C	-0.03%
	NI	A	-0.03%
	KIM	C	-0.03%
	PNR	C	-0.03%
	PODD	C	-0.03%
	TXT	F	-0.03%
	IP	C	-0.03%
	MAS	A	-0.03%
	NRG	A	-0.03%
	PAYC	D	-0.02%
	FMC	B	-0.02%
	MHK	B	-0.02%
	BWA	B	-0.02%
	MOS	D	-0.02%
	FRT	D	-0.02%
	CZR	B	-0.02%
	APA	F	-0.02%
	WYNN	B	-0.02%
	NCLH	C	-0.02%
	HSIC	D	-0.02%
	SOLV	C	-0.02%
	GNRC	B	-0.02%
	GL	C	-0.02%
	HAS	A	-0.02%
	DAY	B	-0.02%
	LW	D	-0.02%
	MKTX	C	-0.02%
	MTCH	B	-0.02%
	QRVO	F	-0.02%
	TAP	D	-0.02%
	PNW	A	-0.02%
	NWSA	D	-0.02%
	CRL	F	-0.02%
	HII	F	-0.02%
	AIZ	A	-0.02%
	LKQ	F	-0.02%
	AOS	B	-0.02%
	CTLT	A	-0.02%
	TPR	B	-0.02%
	ALB	D	-0.02%
	EPAM	F	-0.02%
	TFX	C	-0.02%
	REG	C	-0.02%
	IPG	C	-0.02%
	KMX	F	-0.02%
	TECH	C	-0.02%
	ALLE	A	-0.02%
	CHRW	A	-0.02%
	HST	D	-0.02%
	FFIV	B	-0.02%
	JNPR	B	-0.02%
	JKHY	A	-0.02%
	SJM	C	-0.02%
	EMN	C	-0.02%
	CPT	C	-0.02%
	UDR	C	-0.02%
	NWS	D	-0.01%
	PARA	F	-0.01%
	BEN	F	-0.01%
	WBA	F	-0.01%
	BBWI	F	-0.01%
	DVA	C	-0.01%
	RL	B	-0.01%
	IVZ	A	-0.01%

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Asset Management Capital Markets Software - Infrastructure Specialty Retail Diagnostics & Research 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 Insurance Electricity Dow Jones Component Electronics Aerospace Semiconductor Telecommunications Bank Cloud Computing Medicine Banking Chemical IBD 50 Mining Real Estate Investment Trust Insurance Products

SPUU: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Business Services Semiconductors Asset Management Diagnostics & Research Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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