ONOF vs. VOO ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to Vanguard S&P 500 ETF (VOO)

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

4,670

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

VOO

Vanguard S&P 500 ETF

VOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. 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

$547.47

Average Daily Volume

5,104,303

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	VOO
30 Days	3.66%	3.05%
60 Days	5.15%	4.57%
90 Days	6.75%	6.29%
12 Months	25.68%	32.77%

428 Overlapping Holdings

	Symbol	Grade	Weight in ONOF	Weight in VOO	Overlap
	A	D	0.08%	0.09%	0.08%
	AAPL	C	6.64%	7.25%	6.64%
	ABBV	D	0.59%	0.71%	0.59%
	ABNB	C	0.11%	0.11%	0.11%
	ABT	B	0.39%	0.41%	0.39%
	ACGL	D	0.07%	0.09%	0.07%
	ACN	C	0.45%	0.45%	0.45%
	ADBE	C	0.46%	0.47%	0.46%
	ADI	D	0.21%	0.23%	0.21%
	ADM	D	0.05%	0.06%	0.05%
	ADP	B	0.24%	0.23%	0.23%
	ADSK	A	0.13%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.11%	0.1%
	AFL	B	0.11%	0.12%	0.11%
	AIG	B	0.1%	0.1%	0.1%
	AJG	B	0.12%	0.13%	0.12%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	A	0.1%	0.1%	0.1%
	AMAT	F	0.3%	0.34%	0.3%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.44%	0.54%	0.44%
	AME	A	0.09%	0.08%	0.08%
	AMGN	D	0.31%	0.35%	0.31%
	AMP	A	0.11%	0.09%	0.09%
	AMT	D	0.18%	0.22%	0.18%
	AMZN	C	3.9%	3.56%	3.56%
	ANET	C	0.18%	0.2%	0.18%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.14%	0.15%	0.14%
	APD	A	0.14%	0.14%	0.14%
	APH	A	0.17%	0.16%	0.16%
	APTV	D	0.03%	0.04%	0.03%
	ARE	D	0.03%	0.04%	0.03%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.07%	0.06%
	AVGO	D	1.53%	1.64%	1.53%
	AVY	D	0.03%	0.04%	0.03%
	AWK	D	0.05%	0.06%	0.05%
	AXON	A	0.08%	0.06%	0.06%
	AXP	A	0.32%	0.31%	0.31%
	AZO	C	0.11%	0.11%	0.11%
	BA	F	0.16%	0.18%	0.16%
	BAC	A	0.61%	0.55%	0.55%
	BALL	D	0.04%	0.04%	0.04%
	BAX	D	0.03%	0.04%	0.03%
	BBY	D	0.03%	0.04%	0.03%
	BDX	F	0.13%	0.14%	0.13%
	BG	F	0.02%	0.03%	0.02%
	BIIB	F	0.05%	0.06%	0.05%
	BK	A	0.11%	0.11%	0.11%
	BKNG	A	0.33%	0.29%	0.29%
	BKR	B	0.09%	0.07%	0.07%
	BLDR	D	0.04%	0.05%	0.04%
	BLK	C	0.3%	0.27%	0.27%
	BMY	B	0.23%	0.21%	0.21%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.21%	1.73%	1.21%
	BRO	B	0.05%	0.05%	0.05%
	BSX	B	0.25%	0.25%	0.25%
	BX	A	0.25%	0.23%	0.23%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.25%	0.24%	0.24%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	D	0.12%	0.14%	0.12%
	CAT	B	0.37%	0.39%	0.37%
	CB	C	0.23%	0.22%	0.22%
	CBOE	B	0.04%	0.04%	0.04%
	CBRE	B	0.08%	0.08%	0.08%
	CCI	D	0.09%	0.11%	0.09%
	CCL	B	0.05%	0.04%	0.04%
	CDNS	B	0.16%	0.15%	0.15%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.02%	0.03%	0.02%
	CEG	D	0.14%	0.17%	0.14%
	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	C	0.07%	0.06%	0.06%
	CI	F	0.18%	0.2%	0.18%
	CINF	A	0.04%	0.04%	0.04%
	CL	D	0.15%	0.17%	0.15%
	CLX	B	0.04%	0.04%	0.04%
	CMCSA	B	0.33%	0.33%	0.33%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.16%	0.16%	0.16%
	CMI	A	0.1%	0.09%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNC	D	0.06%	0.08%	0.06%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.14%	0.12%	0.12%
	COP	C	0.26%	0.25%	0.25%
	COR	B	0.08%	0.08%	0.08%
	COST	B	0.8%	0.8%	0.8%
	CPAY	A	0.05%	0.04%	0.04%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	A	0.1%	0.09%	0.09%
	CRM	B	0.6%	0.54%	0.54%
	CRWD	B	0.15%	0.13%	0.13%
	CSCO	B	0.46%	0.44%	0.44%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.14%	0.14%	0.14%
	CTAS	B	0.15%	0.14%	0.14%
	CTRA	B	0.04%	0.04%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	C	0.08%	0.08%	0.08%
	CVS	D	0.14%	0.16%	0.14%
	CVX	A	0.54%	0.51%	0.51%
	D	C	0.09%	0.1%	0.09%
	DAL	C	0.08%	0.07%	0.07%
	DD	D	0.06%	0.08%	0.06%
	DE	A	0.19%	0.22%	0.19%
	DECK	A	0.06%	0.05%	0.05%
	DELL	C	0.08%	0.07%	0.07%
	DFS	B	0.08%	0.07%	0.07%
	DG	F	0.03%	0.04%	0.03%
	DGX	A	0.03%	0.04%	0.03%
	DHI	D	0.1%	0.11%	0.1%
	DHR	F	0.3%	0.37%	0.3%
	DIS	B	0.39%	0.36%	0.36%
	DLR	B	0.11%	0.1%	0.1%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	D	0.03%	0.03%	0.03%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.06%	0.08%	0.06%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.05%	0.05%
	DUK	C	0.17%	0.18%	0.17%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	D	0.06%	0.05%	0.05%
	EA	A	0.08%	0.07%	0.07%
	EBAY	D	0.06%	0.07%	0.06%
	ECL	D	0.12%	0.13%	0.12%
	ED	D	0.06%	0.07%	0.06%
	EFX	F	0.06%	0.07%	0.06%
	EG	C	0.02%	0.03%	0.02%
	EIX	B	0.06%	0.07%	0.06%
	EL	F	0.03%	0.05%	0.03%
	ELV	F	0.19%	0.25%	0.19%
	EMR	A	0.14%	0.13%	0.13%
	ENPH	F	0.02%	0.03%	0.02%
	EOG	A	0.15%	0.14%	0.14%
	EQIX	A	0.16%	0.17%	0.16%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.04%	0.04%
	ERIE	D	0.02%	0.03%	0.02%
	ES	D	0.04%	0.05%	0.04%
	ESS	B	0.04%	0.04%	0.04%
	ETN	A	0.28%	0.27%	0.27%
	ETR	B	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.08%	0.08%	0.08%
	EXC	C	0.07%	0.08%	0.07%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.07%	0.08%	0.07%
	F	C	0.08%	0.08%	0.08%
	FANG	D	0.06%	0.07%	0.06%
	FAST	B	0.09%	0.08%	0.08%
	FCX	D	0.12%	0.15%	0.12%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.13%	0.13%	0.13%
	FE	C	0.04%	0.05%	0.04%
	FI	A	0.24%	0.21%	0.21%
	FICO	B	0.11%	0.1%	0.1%
	FIS	C	0.1%	0.09%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.05%	0.04%
	FTNT	C	0.11%	0.1%	0.1%
	FTV	C	0.05%	0.06%	0.05%
	GD	F	0.13%	0.16%	0.13%
	GDDY	A	0.05%	0.05%	0.05%
	GE	D	0.38%	0.42%	0.38%
	GEHC	F	0.07%	0.09%	0.07%
	GEV	B	0.18%	0.14%	0.14%
	GILD	C	0.23%	0.21%	0.21%
	GIS	D	0.07%	0.08%	0.07%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.13%	0.1%	0.1%
	GOOG	C	1.82%	1.64%	1.64%
	GOOGL	C	2.02%	1.99%	1.99%
	GPC	D	0.03%	0.04%	0.03%
	GPN	B	0.06%	0.04%	0.04%
	GRMN	B	0.06%	0.06%	0.06%
	GS	A	0.36%	0.31%	0.31%
	GWW	B	0.1%	0.09%	0.09%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	A	0.05%	0.04%	0.04%
	HCA	F	0.13%	0.15%	0.13%
	HD	A	0.79%	0.82%	0.79%
	HES	B	0.08%	0.08%	0.08%
	HIG	B	0.07%	0.07%	0.07%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.3%	0.28%	0.28%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.06%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	C	0.07%	0.08%	0.07%
	HWM	A	0.09%	0.08%	0.08%
	IBM	C	0.38%	0.42%	0.38%
	ICE	C	0.17%	0.19%	0.17%
	IDXX	F	0.07%	0.09%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.04%	0.05%	0.04%
	INCY	C	0.03%	0.02%	0.02%
	INTC	D	0.21%	0.2%	0.2%
	INTU	C	0.38%	0.36%	0.36%
	INVH	D	0.04%	0.04%	0.04%
	IQV	D	0.07%	0.08%	0.07%
	IR	B	0.08%	0.08%	0.08%
	IRM	D	0.06%	0.07%	0.06%
	ISRG	A	0.37%	0.36%	0.36%
	IT	C	0.08%	0.08%	0.08%
	ITW	B	0.16%	0.14%	0.14%
	J	F	0.03%	0.03%	0.03%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.11%	0.11%	0.11%
	JNJ	D	0.72%	0.8%	0.72%
	JPM	A	1.35%	1.23%	1.23%
	K	A	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.08%	0.07%
	KEYS	A	0.05%	0.06%	0.05%
	KHC	F	0.05%	0.06%	0.05%
	KKR	A	0.2%	0.18%	0.18%
	KLAC	D	0.17%	0.21%	0.17%
	KMB	D	0.09%	0.1%	0.09%
	KMI	A	0.1%	0.09%	0.09%
	KO	D	0.48%	0.57%	0.48%
	KR	B	0.08%	0.07%	0.07%
	KVUE	A	0.09%	0.09%	0.09%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.04%	0.04%	0.04%
	LEN	D	0.08%	0.09%	0.08%
	LEN	D	0.0%	0.09%	0.0%
	LH	C	0.04%	0.04%	0.04%
	LHX	C	0.09%	0.09%	0.09%
	LIN	D	0.43%	0.47%	0.43%
	LLY	F	1.31%	1.43%	1.31%
	LMT	D	0.25%	0.25%	0.25%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.3%	0.32%	0.3%
	LULU	C	0.07%	0.06%	0.06%
	LUV	C	0.04%	0.04%	0.04%
	LVS	C	0.03%	0.04%	0.03%
	LYB	F	0.04%	0.05%	0.04%
	LYV	A	0.04%	0.04%	0.04%
	MA	C	0.84%	0.83%	0.83%
	MAA	B	0.04%	0.04%	0.04%
	MAR	B	0.13%	0.12%	0.12%
	MCD	D	0.42%	0.45%	0.42%
	MCHP	D	0.07%	0.09%	0.07%
	MCK	B	0.16%	0.13%	0.13%
	MCO	B	0.15%	0.15%	0.15%
	MDLZ	F	0.17%	0.2%	0.17%
	MDT	D	0.22%	0.24%	0.22%
	MET	A	0.1%	0.1%	0.1%
	META	D	2.47%	2.56%	2.47%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.07%	0.07%	0.07%
	MMC	B	0.21%	0.22%	0.21%
	MMM	D	0.14%	0.15%	0.14%
	MNST	C	0.08%	0.08%	0.08%
	MO	A	0.19%	0.18%	0.18%
	MOH	F	0.03%	0.04%	0.03%
	MPC	D	0.1%	0.11%	0.1%
	MPWR	F	0.06%	0.09%	0.06%
	MRK	F	0.49%	0.59%	0.49%
	MRNA	F	0.03%	0.05%	0.03%
	MRO	B	0.03%	0.03%	0.03%
	MS	A	0.32%	0.27%	0.27%
	MSCI	C	0.09%	0.09%	0.09%
	MSFT	F	6.15%	6.55%	6.15%
	MSI	B	0.16%	0.15%	0.15%
	MTB	A	0.07%	0.06%	0.06%
	MTD	D	0.05%	0.07%	0.05%
	MU	D	0.22%	0.24%	0.22%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.3%	0.36%	0.3%
	NEM	D	0.09%	0.13%	0.09%
	NFLX	A	0.69%	0.62%	0.62%
	NKE	D	0.18%	0.22%	0.18%
	NOC	D	0.15%	0.15%	0.15%
	NOW	A	0.42%	0.38%	0.38%
	NSC	B	0.12%	0.11%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.07%	0.07%	0.07%
	NVDA	C	6.8%	6.11%	6.11%
	NVR	D	0.05%	0.06%	0.05%
	O	D	0.1%	0.11%	0.1%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.12%	0.11%	0.11%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.6%	0.56%	0.56%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	C	0.08%	0.09%	0.08%
	OXY	D	0.07%	0.07%	0.07%
	PANW	C	0.25%	0.23%	0.23%
	PAYX	C	0.09%	0.09%	0.09%
	PCAR	B	0.12%	0.11%	0.11%
	PCG	A	0.09%	0.09%	0.09%
	PEG	A	0.08%	0.09%	0.08%
	PEP	F	0.45%	0.48%	0.45%
	PFE	D	0.29%	0.34%	0.29%
	PFG	D	0.04%	0.04%	0.04%
	PG	A	0.77%	0.83%	0.77%
	PGR	A	0.3%	0.3%	0.3%
	PH	A	0.17%	0.17%	0.17%
	PHM	D	0.05%	0.06%	0.05%
	PLD	D	0.21%	0.24%	0.21%
	PLTR	B	0.23%	0.15%	0.15%
	PM	B	0.39%	0.39%	0.39%
	PNC	B	0.16%	0.15%	0.15%
	PPG	F	0.06%	0.06%	0.06%
	PPL	B	0.05%	0.05%	0.05%
	PRU	A	0.09%	0.09%	0.09%
	PSA	D	0.1%	0.12%	0.1%
	PSX	C	0.11%	0.11%	0.11%
	PTC	A	0.04%	0.04%	0.04%
	PWR	A	0.09%	0.09%	0.09%
	PYPL	B	0.18%	0.16%	0.16%
	QCOM	F	0.36%	0.39%	0.36%
	RCL	A	0.1%	0.09%	0.09%
	REGN	F	0.16%	0.23%	0.16%
	RF	A	0.05%	0.04%	0.04%
	RJF	A	0.06%	0.05%	0.05%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.12%	0.12%
	ROST	C	0.09%	0.1%	0.09%
	RSG	A	0.08%	0.08%	0.08%
	RTX	C	0.31%	0.33%	0.31%
	RVTY	F	0.03%	0.03%	0.03%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	A	0.22%	0.23%	0.22%
	SCHW	B	0.23%	0.2%	0.2%
	SHW	A	0.18%	0.18%	0.18%
	SLB	C	0.12%	0.12%	0.12%
	SMCI	F	0.02%	0.04%	0.02%
	SNPS	B	0.16%	0.16%	0.16%
	SO	D	0.19%	0.2%	0.19%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	C	0.31%	0.34%	0.31%
	SRE	A	0.11%	0.11%	0.11%
	STE	F	0.04%	0.05%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.06%	0.05%	0.05%
	STX	D	0.04%	0.05%	0.04%
	STZ	D	0.07%	0.08%	0.07%
	SW	A	0.05%	0.05%	0.05%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.04%	0.04%
	SYK	C	0.24%	0.25%	0.24%
	SYY	B	0.07%	0.08%	0.07%
	T	A	0.31%	0.32%	0.31%
	TDG	D	0.14%	0.16%	0.14%
	TDY	B	0.04%	0.04%	0.04%
	TER	D	0.03%	0.04%	0.03%
	TFC	A	0.12%	0.12%	0.12%
	TGT	F	0.14%	0.15%	0.14%
	TJX	A	0.27%	0.27%	0.27%
	TMO	F	0.4%	0.48%	0.4%
	TMUS	B	0.22%	0.21%	0.21%
	TRGP	B	0.08%	0.07%	0.07%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.12%	0.11%	0.11%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.7%	1.49%	1.49%
	TSN	B	0.03%	0.03%	0.03%
	TT	A	0.18%	0.18%	0.18%
	TTWO	A	0.06%	0.05%	0.05%
	TXN	C	0.37%	0.39%	0.37%
	TYL	B	0.05%	0.05%	0.05%
	UAL	A	0.06%	0.04%	0.04%
	UBER	D	0.28%	0.32%	0.28%
	ULTA	F	0.03%	0.04%	0.03%
	UNH	C	1.07%	1.1%	1.07%
	UNP	C	0.28%	0.31%	0.28%
	UPS	C	0.19%	0.2%	0.19%
	URI	B	0.11%	0.11%	0.11%
	USB	A	0.15%	0.15%	0.15%
	V	A	1.01%	0.93%	0.93%
	VICI	C	0.06%	0.07%	0.06%
	VLO	C	0.09%	0.09%	0.09%
	VLTO	D	0.04%	0.06%	0.04%
	VMC	B	0.07%	0.07%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	F	0.03%	0.03%	0.03%
	VRTX	F	0.24%	0.25%	0.24%
	VST	B	0.1%	0.08%	0.08%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.34%	0.39%	0.34%
	WAB	B	0.07%	0.07%	0.07%
	WAT	B	0.05%	0.04%	0.04%
	WBD	C	0.04%	0.04%	0.04%
	WDC	D	0.04%	0.05%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.16%	0.15%	0.15%
	WFC	A	0.49%	0.39%	0.39%
	WM	A	0.18%	0.16%	0.16%
	WMB	A	0.13%	0.11%	0.11%
	WMT	A	0.73%	0.72%	0.72%
	WRB	A	0.03%	0.03%	0.03%
	WST	C	0.05%	0.04%	0.04%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.04%	0.05%	0.04%
	XEL	A	0.07%	0.07%	0.07%
	XOM	B	1.05%	1.07%	1.05%
	XYL	D	0.06%	0.07%	0.06%
	YUM	B	0.07%	0.08%	0.07%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.16%	0.18%	0.16%

ONOF Overweight 72 Positions Relative to VOO

	Symbol	Grade	Weight
	LRCX	F	0.19%
	MELI	D	0.18%
	MRVL	B	0.15%
	APP	B	0.13%
	APO	B	0.13%
	SPOT	B	0.13%
	WDAY	B	0.12%
	MSTR	C	0.12%
	COIN	C	0.11%
	DASH	A	0.11%
	TTD	B	0.11%
	VRT	B	0.09%
	SQ	B	0.09%
	FLUT	A	0.09%
	LNG	B	0.09%
	TEAM	A	0.08%
	DDOG	A	0.08%
	SNOW	C	0.08%
	HUBS	A	0.07%
	VEEV	C	0.07%
	ARES	A	0.06%
	TPL	A	0.06%
	ALNY	D	0.06%
	LPLA	A	0.05%
	MKL	A	0.05%
	FCNCA	A	0.05%
	RBLX	C	0.05%
	CVNA	B	0.05%
	NET	B	0.05%
	CPNG	D	0.05%
	WSO	A	0.04%
	DKNG	B	0.04%
	TRU	D	0.04%
	ZS	C	0.04%
	LII	A	0.04%
	BAH	F	0.04%
	MDB	C	0.04%
	CSL	C	0.04%
	ZM	B	0.04%
	ILMN	D	0.04%
	EME	C	0.04%
	AVTR	F	0.03%
	TW	A	0.03%
	ENTG	D	0.03%
	SUI	D	0.03%
	PSTG	D	0.03%
	WSM	B	0.03%
	HOOD	B	0.03%
	HEI	B	0.03%
	SSNC	B	0.03%
	RS	B	0.03%
	PINS	D	0.03%
	IBKR	A	0.03%
	TKO	B	0.02%
	SCCO	F	0.02%
	RPRX	D	0.02%
	DOX	D	0.02%
	IOT	A	0.02%
	SNAP	C	0.02%
	OWL	A	0.02%
	HEI	B	0.02%
	BMRN	D	0.02%
	OKTA	C	0.02%
	GFS	C	0.01%
	WLK	D	0.01%
	WMG	C	0.01%
	EDR	A	0.01%
	TPG	A	0.01%
	BSY	D	0.01%
	SIRI	C	0.0%
	RKT	F	0.0%
	AGR	B	0.0%

ONOF Underweight 72 Positions Relative to VOO

	Symbol	Grade	Weight
	NXPI	D	-0.13%
	MAS	D	-0.04%
	NRG	B	-0.04%
	PKG	A	-0.04%
	HST	C	-0.03%
	TECH	D	-0.03%
	ALLE	D	-0.03%
	JNPR	F	-0.03%
	FFIV	B	-0.03%
	JKHY	D	-0.03%
	SJM	D	-0.03%
	CHRW	C	-0.03%
	EMN	D	-0.03%
	CPT	B	-0.03%
	UDR	B	-0.03%
	UHS	D	-0.03%
	AES	F	-0.03%
	POOL	C	-0.03%
	GEN	B	-0.03%
	DPZ	C	-0.03%
	SNA	A	-0.03%
	NI	A	-0.03%
	KEY	B	-0.03%
	KIM	A	-0.03%
	PNR	A	-0.03%
	PODD	C	-0.03%
	TXT	D	-0.03%
	IP	B	-0.03%
	DVA	B	-0.02%
	RL	B	-0.02%
	IVZ	B	-0.02%
	PAYC	B	-0.02%
	FMC	D	-0.02%
	BWA	D	-0.02%
	MHK	D	-0.02%
	MOS	F	-0.02%
	FRT	B	-0.02%
	WYNN	D	-0.02%
	NCLH	B	-0.02%
	CZR	F	-0.02%
	APA	D	-0.02%
	HSIC	B	-0.02%
	LW	C	-0.02%
	HAS	D	-0.02%
	GL	B	-0.02%
	GNRC	B	-0.02%
	SOLV	C	-0.02%
	MKTX	D	-0.02%
	DAY	B	-0.02%
	MTCH	D	-0.02%
	QRVO	F	-0.02%
	PNW	B	-0.02%
	NWSA	B	-0.02%
	TAP	C	-0.02%
	CRL	C	-0.02%
	AIZ	A	-0.02%
	HII	D	-0.02%
	LKQ	D	-0.02%
	AOS	F	-0.02%
	TPR	B	-0.02%
	CTLT	B	-0.02%
	ALB	C	-0.02%
	EPAM	C	-0.02%
	TFX	F	-0.02%
	REG	B	-0.02%
	IPG	D	-0.02%
	KMX	B	-0.02%
	NWS	B	-0.01%
	BEN	C	-0.01%
	PARA	C	-0.01%
	WBA	F	-0.01%
	BBWI	D	-0.0%

ONOF: Top Represented Industries & Keywords

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

VOO: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management 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 Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank