ONOF vs. XTR ETF Comparison

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

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

$35.85

Average Daily Volume

4,692

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

XTR

Global X S&P 500 Tail Risk ETF

XTR Description

Global X Funds - Global X S&P 500 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Tail Risk Index, by using full replication technique. Global X Funds - Global X S&P 500 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.83

Average Daily Volume

337

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	XTR
30 Days	3.81%	3.86%
60 Days	10.26%	9.96%
90 Days	8.39%	12.12%
12 Months	28.06%	37.41%

427 Overlapping Holdings

	Symbol	Grade	Weight in ONOF	Weight in XTR	Overlap
	A	D	0.08%	0.08%	0.08%
	AAPL	B	6.57%	6.74%	6.57%
	ABBV	B	0.73%	0.7%	0.7%
	ABNB	D	0.12%	0.12%	0.12%
	ABT	B	0.42%	0.41%	0.41%
	ACGL	D	0.07%	0.08%	0.07%
	ACN	C	0.47%	0.46%	0.46%
	ADBE	F	0.44%	0.46%	0.44%
	ADI	D	0.23%	0.23%	0.23%
	ADM	F	0.06%	0.05%	0.05%
	ADP	A	0.24%	0.25%	0.24%
	ADSK	A	0.13%	0.13%	0.13%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.11%	0.09%	0.09%
	AFL	D	0.11%	0.11%	0.11%
	AIG	C	0.1%	0.1%	0.1%
	AJG	C	0.12%	0.13%	0.12%
	AKAM	F	0.03%	0.03%	0.03%
	ALGN	F	0.03%	0.03%	0.03%
	ALL	B	0.1%	0.09%	0.09%
	AMAT	D	0.31%	0.32%	0.31%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.46%	0.47%	0.46%
	AME	A	0.08%	0.09%	0.08%
	AMGN	C	0.35%	0.34%	0.34%
	AMP	B	0.1%	0.11%	0.1%
	AMT	F	0.2%	0.19%	0.19%
	AMZN	B	3.73%	3.86%	3.73%
	ANET	C	0.19%	0.21%	0.19%
	ANSS	B	0.06%	0.05%	0.05%
	AON	B	0.15%	0.17%	0.15%
	APD	B	0.14%	0.14%	0.14%
	APH	B	0.17%	0.17%	0.17%
	APTV	F	0.03%	0.03%	0.03%
	ARE	D	0.04%	0.03%	0.03%
	ATO	A	0.04%	0.04%	0.04%
	AVB	A	0.06%	0.06%	0.06%
	AVGO	B	1.57%	1.66%	1.57%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.06%	0.05%
	AXON	B	0.06%	0.05%	0.05%
	AXP	B	0.32%	0.34%	0.32%
	AZO	D	0.11%	0.12%	0.11%
	BA	F	0.18%	0.22%	0.18%
	BAC	B	0.57%	0.61%	0.57%
	BALL	F	0.04%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBY	D	0.04%	0.03%	0.03%
	BDX	F	0.14%	0.14%	0.14%
	BG	F	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.05%	0.05%
	BK	B	0.12%	0.12%	0.12%
	BKNG	B	0.34%	0.38%	0.34%
	BKR	B	0.08%	0.09%	0.08%
	BLDR	D	0.04%	0.04%	0.04%
	BMY	C	0.23%	0.23%	0.23%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	C	1.17%	1.71%	1.17%
	BRO	B	0.05%	0.05%	0.05%
	BSX	A	0.25%	0.26%	0.25%
	BX	A	0.24%	0.25%	0.24%
	BXP	B	0.02%	0.02%	0.02%
	C	B	0.24%	0.27%	0.24%
	CAG	F	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	D	0.12%	0.12%	0.12%
	CAT	B	0.38%	0.41%	0.38%
	CB	D	0.23%	0.22%	0.22%
	CBOE	D	0.05%	0.03%	0.03%
	CBRE	A	0.08%	0.08%	0.08%
	CCI	D	0.1%	0.09%	0.09%
	CCL	B	0.04%	0.05%	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%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	C	0.05%	0.05%	0.05%
	CHTR	B	0.07%	0.08%	0.07%
	CI	F	0.18%	0.18%	0.18%
	CINF	B	0.04%	0.05%	0.04%
	CL	F	0.16%	0.15%	0.15%
	CLX	B	0.05%	0.04%	0.04%
	CMCSA	B	0.34%	0.35%	0.34%
	CME	B	0.16%	0.17%	0.16%
	CMG	C	0.16%	0.15%	0.15%
	CMI	B	0.09%	0.11%	0.09%
	CMS	D	0.04%	0.04%	0.04%
	CNC	F	0.07%	0.07%	0.07%
	CNP	B	0.04%	0.03%	0.03%
	COF	B	0.12%	0.14%	0.12%
	COP	C	0.26%	0.26%	0.26%
	COR	B	0.08%	0.08%	0.08%
	COST	B	0.8%	0.78%	0.78%
	CPAY	B	0.05%	0.04%	0.04%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	B	0.09%	0.1%	0.09%
	CRM	A	0.57%	0.59%	0.57%
	CRWD	C	0.14%	0.14%	0.14%
	CSCO	A	0.46%	0.46%	0.46%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.13%	0.14%	0.13%
	CTAS	A	0.15%	0.15%	0.15%
	CTRA	C	0.03%	0.04%	0.03%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	F	0.14%	0.15%	0.14%
	CVX	B	0.53%	0.53%	0.53%
	D	C	0.1%	0.1%	0.1%
	DAL	B	0.07%	0.08%	0.07%
	DD	D	0.06%	0.07%	0.06%
	DE	C	0.21%	0.21%	0.21%
	DECK	B	0.06%	0.04%	0.04%
	DELL	C	0.07%	0.08%	0.07%
	DFS	B	0.08%	0.1%	0.08%
	DG	F	0.04%	0.03%	0.03%
	DGX	B	0.03%	0.03%	0.03%
	DHI	D	0.1%	0.1%	0.1%
	DHR	F	0.33%	0.32%	0.32%
	DIS	C	0.36%	0.36%	0.36%
	DLR	B	0.12%	0.1%	0.1%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	B	0.03%	0.03%	0.03%
	DOV	B	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%	0.18%	0.18%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	D	0.06%	0.05%	0.05%
	EA	B	0.07%	0.08%	0.07%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	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%	0.04%	0.03%
	EIX	D	0.06%	0.06%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.2%	0.19%	0.19%
	EMR	B	0.13%	0.14%	0.13%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	B	0.14%	0.14%	0.14%
	EQIX	B	0.17%	0.17%	0.17%
	EQR	D	0.05%	0.05%	0.05%
	EQT	B	0.03%	0.05%	0.03%
	ERIE	D	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%	0.28%	0.27%
	ETR	B	0.06%	0.07%	0.06%
	EVRG	B	0.03%	0.02%	0.02%
	EW	F	0.08%	0.08%	0.08%
	EXC	D	0.08%	0.08%	0.08%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.07%	0.07%	0.07%
	F	D	0.08%	0.09%	0.08%
	FANG	D	0.06%	0.07%	0.06%
	FAST	B	0.09%	0.1%	0.09%
	FCX	C	0.13%	0.14%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.13%	0.12%	0.12%
	FE	D	0.05%	0.05%	0.05%
	FI	B	0.24%	0.24%	0.24%
	FICO	B	0.1%	0.08%	0.08%
	FIS	C	0.1%	0.09%	0.09%
	FITB	B	0.06%	0.06%	0.06%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.03%	0.02%
	FSLR	F	0.05%	0.04%	0.04%
	FTNT	A	0.1%	0.1%	0.1%
	FTV	F	0.05%	0.05%	0.05%
	GD	B	0.14%	0.16%	0.14%
	GDDY	A	0.05%	0.05%	0.05%
	GE	C	0.38%	0.39%	0.38%
	GEHC	D	0.08%	0.07%	0.07%
	GEV	A	0.17%	0.18%	0.17%
	GILD	B	0.23%	0.23%	0.23%
	GIS	F	0.08%	0.07%	0.07%
	GLW	B	0.07%	0.08%	0.07%
	GM	B	0.12%	0.13%	0.12%
	GOOG	B	1.84%	1.7%	1.7%
	GOOGL	B	2.04%	2.06%	2.04%
	GPC	F	0.03%	0.03%	0.03%
	GPN	C	0.05%	0.06%	0.05%
	GRMN	B	0.06%	0.06%	0.06%
	GS	B	0.34%	0.38%	0.34%
	GWW	A	0.09%	0.09%	0.09%
	HAL	D	0.05%	0.06%	0.05%
	HBAN	B	0.04%	0.05%	0.04%
	HCA	D	0.14%	0.13%	0.13%
	HD	B	0.8%	0.77%	0.77%
	HES	C	0.08%	0.08%	0.08%
	HIG	C	0.07%	0.07%	0.07%
	HLT	A	0.12%	0.13%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.28%	0.28%	0.28%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.06%	0.06%
	HRL	F	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	F	0.06%	0.07%	0.06%
	HWM	B	0.08%	0.1%	0.08%
	IBM	D	0.39%	0.4%	0.39%
	ICE	D	0.18%	0.18%	0.18%
	IDXX	F	0.07%	0.06%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.05%	0.04%	0.04%
	INCY	A	0.03%	0.02%	0.02%
	INTC	C	0.2%	0.22%	0.2%
	INTU	A	0.35%	0.37%	0.35%
	INVH	D	0.04%	0.04%	0.04%
	IQV	F	0.08%	0.08%	0.08%
	IR	B	0.08%	0.08%	0.08%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	A	0.37%	0.37%	0.37%
	IT	B	0.09%	0.08%	0.08%
	ITW	B	0.16%	0.15%	0.15%
	J	C	0.04%	0.03%	0.03%
	JBHT	B	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.1%	0.11%	0.1%
	JNJ	D	0.78%	0.76%	0.76%
	JPM	B	1.29%	1.4%	1.29%
	K	A	0.04%	0.04%	0.04%
	KDP	F	0.07%	0.08%	0.07%
	KEYS	A	0.05%	0.05%	0.05%
	KHC	F	0.05%	0.06%	0.05%
	KKR	B	0.19%	0.2%	0.19%
	KLAC	F	0.18%	0.18%	0.18%
	KMB	D	0.09%	0.08%	0.08%
	KMI	A	0.1%	0.1%	0.1%
	KO	D	0.52%	0.49%	0.49%
	KR	A	0.08%	0.08%	0.08%
	KVUE	A	0.09%	0.08%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	A	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%	0.03%	0.03%
	LHX	A	0.1%	0.1%	0.1%
	LIN	D	0.45%	0.45%	0.45%
	LLY	D	1.41%	1.23%	1.23%
	LMT	D	0.27%	0.23%	0.23%
	LNT	D	0.03%	0.03%	0.03%
	LOW	B	0.31%	0.31%	0.31%
	LRCX	D	0.2%	0.2%	0.2%
	LULU	D	0.07%	0.07%	0.07%
	LUV	B	0.04%	0.04%	0.04%
	LVS	C	0.04%	0.03%	0.03%
	LYB	F	0.04%	0.04%	0.04%
	LYV	B	0.03%	0.03%	0.03%
	MA	A	0.86%	0.86%	0.86%
	MAA	C	0.04%	0.04%	0.04%
	MAR	A	0.13%	0.14%	0.13%
	MCD	D	0.44%	0.43%	0.43%
	MCHP	F	0.08%	0.08%	0.08%
	MCK	B	0.14%	0.14%	0.14%
	MCO	C	0.15%	0.16%	0.15%
	MDLZ	F	0.19%	0.18%	0.18%
	MDT	C	0.23%	0.23%	0.23%
	MET	C	0.1%	0.1%	0.1%
	META	B	2.53%	2.5%	2.5%
	MGM	F	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.03%	0.03%
	MLM	B	0.08%	0.07%	0.07%
	MMC	C	0.22%	0.22%	0.22%
	MMM	C	0.14%	0.15%	0.14%
	MNST	B	0.08%	0.08%	0.08%
	MO	B	0.19%	0.18%	0.18%
	MOH	F	0.04%	0.04%	0.04%
	MPC	F	0.1%	0.11%	0.1%
	MPWR	F	0.08%	0.09%	0.08%
	MRK	F	0.53%	0.51%	0.51%
	MRNA	F	0.04%	0.04%	0.04%
	MRO	B	0.03%	0.03%	0.03%
	MS	B	0.3%	0.32%	0.3%
	MSCI	B	0.09%	0.09%	0.09%
	MSFT	C	6.15%	6.23%	6.15%
	MSI	A	0.16%	0.16%	0.16%
	MTB	B	0.06%	0.07%	0.06%
	MTD	F	0.06%	0.05%	0.05%
	MU	C	0.23%	0.25%	0.23%
	NDAQ	B	0.06%	0.06%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	D	0.32%	0.31%	0.31%
	NEM	D	0.11%	0.11%	0.11%
	NFLX	A	0.65%	0.67%	0.65%
	NKE	F	0.19%	0.18%	0.18%
	NOC	C	0.15%	0.14%	0.14%
	NOW	B	0.4%	0.41%	0.4%
	NSC	B	0.11%	0.11%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	B	0.04%	0.04%	0.04%
	NUE	C	0.07%	0.08%	0.07%
	NVDA	B	6.6%	7.14%	6.6%
	O	D	0.11%	0.1%	0.1%
	ODFL	B	0.08%	0.1%	0.08%
	OKE	A	0.11%	0.12%	0.11%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.06%	0.06%	0.06%
	ORCL	A	0.54%	0.58%	0.54%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	B	0.08%	0.08%	0.08%
	OXY	F	0.07%	0.07%	0.07%
	PANW	A	0.24%	0.25%	0.24%
	PAYX	A	0.09%	0.1%	0.09%
	PCAR	B	0.11%	0.11%	0.11%
	PCG	B	0.09%	0.08%	0.08%
	PEG	D	0.08%	0.09%	0.08%
	PEP	F	0.47%	0.45%	0.45%
	PFE	F	0.32%	0.31%	0.31%
	PFG	C	0.04%	0.04%	0.04%
	PG	D	0.8%	0.76%	0.76%
	PGR	B	0.29%	0.31%	0.29%
	PH	B	0.17%	0.19%	0.17%
	PHM	D	0.06%	0.05%	0.05%
	PLD	F	0.21%	0.21%	0.21%
	PLTR	A	0.17%	0.22%	0.17%
	PM	C	0.41%	0.39%	0.39%
	PNC	A	0.15%	0.16%	0.15%
	PPG	F	0.06%	0.05%	0.05%
	PPL	B	0.05%	0.05%	0.05%
	PRU	C	0.09%	0.1%	0.09%
	PSA	D	0.11%	0.1%	0.1%
	PSX	F	0.1%	0.11%	0.1%
	PTC	B	0.04%	0.05%	0.04%
	PWR	A	0.09%	0.08%	0.08%
	PYPL	A	0.17%	0.17%	0.17%
	QCOM	C	0.38%	0.38%	0.38%
	RCL	B	0.09%	0.11%	0.09%
	REGN	F	0.18%	0.18%	0.18%
	RF	B	0.04%	0.05%	0.04%
	RJF	B	0.06%	0.05%	0.05%
	RMD	B	0.08%	0.07%	0.07%
	ROK	B	0.06%	0.06%	0.06%
	ROL	C	0.03%	0.02%	0.02%
	ROP	B	0.12%	0.13%	0.12%
	ROST	D	0.09%	0.09%	0.09%
	RSG	B	0.08%	0.09%	0.08%
	RTX	C	0.32%	0.32%	0.32%
	RVTY	B	0.03%	0.03%	0.03%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	B	0.22%	0.22%	0.22%
	SCHW	B	0.22%	0.23%	0.22%
	SHW	B	0.18%	0.17%	0.17%
	SLB	D	0.12%	0.13%	0.12%
	SMCI	F	0.03%	0.03%	0.03%
	SNPS	B	0.16%	0.17%	0.16%
	SO	D	0.2%	0.19%	0.19%
	SPG	A	0.11%	0.1%	0.1%
	SPGI	D	0.31%	0.31%	0.31%
	SRE	A	0.1%	0.11%	0.1%
	STE	F	0.05%	0.04%	0.04%
	STLD	B	0.04%	0.05%	0.04%
	STT	B	0.06%	0.06%	0.06%
	STX	D	0.04%	0.04%	0.04%
	STZ	F	0.08%	0.08%	0.08%
	SW	B	0.05%	0.06%	0.05%
	SWK	F	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.05%	0.05%
	SYK	A	0.24%	0.26%	0.24%
	SYY	C	0.08%	0.08%	0.08%
	T	B	0.32%	0.32%	0.32%
	TDG	C	0.15%	0.16%	0.15%
	TDY	A	0.04%	0.04%	0.04%
	TER	F	0.03%	0.03%	0.03%
	TFC	B	0.11%	0.13%	0.11%
	TGT	F	0.14%	0.13%	0.13%
	TJX	C	0.27%	0.27%	0.27%
	TMO	F	0.44%	0.42%	0.42%
	TMUS	A	0.22%	0.23%	0.22%
	TRGP	A	0.08%	0.08%	0.08%
	TRMB	A	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.11%	0.11%	0.11%
	TSCO	C	0.06%	0.05%	0.05%
	TSLA	B	1.37%	1.6%	1.37%
	TSN	D	0.03%	0.03%	0.03%
	TT	A	0.18%	0.18%	0.18%
	TTWO	B	0.05%	0.06%	0.05%
	TXN	A	0.38%	0.4%	0.38%
	TYL	B	0.06%	0.05%	0.05%
	UAL	A	0.06%	0.05%	0.05%
	UBER	F	0.3%	0.31%	0.3%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	1.05%	1.1%	1.05%
	UNP	D	0.29%	0.31%	0.29%
	UPS	D	0.2%	0.2%	0.2%
	URI	B	0.11%	0.13%	0.11%
	USB	B	0.14%	0.16%	0.14%
	V	B	0.95%	1.02%	0.95%
	VICI	D	0.07%	0.06%	0.06%
	VLO	D	0.09%	0.09%	0.09%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.08%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	D	0.03%	0.02%	0.02%
	VRTX	A	0.25%	0.26%	0.25%
	VST	B	0.08%	0.09%	0.08%
	VTR	B	0.05%	0.05%	0.05%
	VTRS	B	0.03%	0.03%	0.03%
	VZ	D	0.35%	0.35%	0.35%
	WAB	A	0.07%	0.07%	0.07%
	WAT	B	0.05%	0.04%	0.04%
	WBD	C	0.04%	0.04%	0.04%
	WDC	C	0.04%	0.04%	0.04%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.15%	0.15%
	WFC	B	0.46%	0.49%	0.46%
	WM	B	0.18%	0.16%	0.16%
	WMB	B	0.13%	0.13%	0.13%
	WMT	A	0.74%	0.72%	0.72%
	WRB	B	0.04%	0.03%	0.03%
	WST	C	0.05%	0.05%	0.05%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.05%	0.05%	0.05%
	XEL	B	0.07%	0.07%	0.07%
	XOM	B	1.09%	1.07%	1.07%
	XYL	F	0.06%	0.05%	0.05%
	YUM	C	0.08%	0.08%	0.08%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	F	0.17%	0.15%	0.15%

ONOF Overweight 70 Positions Relative to XTR

	Symbol	Grade	Weight
	MELI	D	0.2%
	MRVL	B	0.15%
	APO	B	0.12%
	WDAY	C	0.11%
	TTD	B	0.11%
	SPOT	B	0.11%
	DASH	A	0.1%
	LNG	A	0.09%
	MSTR	B	0.08%
	VRT	A	0.08%
	SQ	C	0.08%
	FLUT	B	0.08%
	APP	B	0.07%
	DDOG	C	0.07%
	ALNY	B	0.07%
	VEEV	B	0.07%
	TEAM	B	0.07%
	SNOW	C	0.07%
	COIN	B	0.07%
	HUBS	B	0.06%
	NVR	D	0.06%
	CPNG	C	0.06%
	ARES	B	0.06%
	MKL	B	0.05%
	BAH	B	0.05%
	ILMN	B	0.05%
	RBLX	B	0.05%
	NET	C	0.05%
	FCNCA	B	0.05%
	MDB	C	0.04%
	LII	A	0.04%
	PINS	D	0.04%
	TRU	C	0.04%
	ZM	A	0.04%
	CSL	C	0.04%
	LPLA	A	0.04%
	CVNA	B	0.04%
	TW	B	0.03%
	HEI	C	0.03%
	AVTR	F	0.03%
	ENTG	F	0.03%
	PSTG	C	0.03%
	SSNC	C	0.03%
	IBKR	B	0.03%
	SUI	F	0.03%
	RS	B	0.03%
	WSM	F	0.03%
	DKNG	C	0.03%
	WSO	B	0.03%
	ZS	C	0.03%
	BSY	F	0.02%
	TKO	D	0.02%
	IOT	A	0.02%
	SCCO	D	0.02%
	HEI	C	0.02%
	DOX	A	0.02%
	RPRX	F	0.02%
	OWL	B	0.02%
	OKTA	D	0.02%
	HOOD	A	0.02%
	BMRN	F	0.02%
	SNAP	C	0.02%
	GFS	C	0.01%
	WMG	B	0.01%
	WLK	F	0.01%
	CELH	F	0.01%
	SIRI	D	0.0%
	RKT	D	0.0%
	EDR	C	0.0%
	AGR	C	0.0%

ONOF Underweight 71 Positions Relative to XTR

	Symbol	Grade	Weight
	NXPI	D	-0.11%
	PKG	B	-0.05%
	PODD	B	-0.04%
	FFIV	B	-0.04%
	MAS	D	-0.04%
	TXT	D	-0.04%
	KEY	B	-0.04%
	NRG	B	-0.04%
	SNA	A	-0.04%
	POOL	B	-0.04%
	IP	B	-0.04%
	NI	A	-0.03%
	UDR	C	-0.03%
	KIM	A	-0.03%
	EPAM	C	-0.03%
	UHS	D	-0.03%
	PNR	B	-0.03%
	MKTX	C	-0.03%
	AIZ	A	-0.03%
	GEN	B	-0.03%
	DPZ	C	-0.03%
	JKHY	C	-0.03%
	TFX	F	-0.02%
	BWA	D	-0.02%
	HSIC	F	-0.02%
	APA	F	-0.02%
	AES	F	-0.02%
	CRL	D	-0.02%
	NWSA	B	-0.02%
	SOLV	C	-0.02%
	PAYC	B	-0.02%
	SJM	D	-0.02%
	CPT	C	-0.02%
	ALB	C	-0.02%
	IVZ	B	-0.02%
	FMC	D	-0.02%
	TPR	A	-0.02%
	NCLH	B	-0.02%
	MOS	C	-0.02%
	CZR	D	-0.02%
	MTCH	F	-0.02%
	CHRW	B	-0.02%
	PNW	B	-0.02%
	IPG	F	-0.02%
	GNRC	A	-0.02%
	LW	C	-0.02%
	FRT	C	-0.02%
	REG	B	-0.02%
	MHK	D	-0.02%
	CTLT	D	-0.02%
	TECH	B	-0.02%
	HII	F	-0.02%
	LKQ	F	-0.02%
	KMX	F	-0.02%
	TAP	B	-0.02%
	EMN	D	-0.02%
	RL	B	-0.02%
	HST	C	-0.02%
	DAY	A	-0.02%
	JNPR	C	-0.02%
	BEN	C	-0.01%
	ALLE	C	-0.01%
	DVA	D	-0.01%
	PARA	C	-0.01%
	HAS	D	-0.01%
	GL	C	-0.01%
	WYNN	D	-0.01%
	WBA	F	-0.01%
	QRVO	F	-0.01%
	AOS	F	-0.01%
	NWS	B	-0.0%

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

XTR: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management 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 Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank