FAD vs. ONEO ETF Comparison

Comparison of First Trust MuFirst Trust Multi CG AlphaDEX (FAD) to SPDR Russell 1000 Momentum Focus ETF (ONEO)

FAD

First Trust MuFirst Trust Multi CG AlphaDEX

FAD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$148.38

Average Daily Volume

4,463

Number of Holdings ^*

640

* may have additional holdings in another (foreign) market

ONEO

SPDR Russell 1000 Momentum Focus ETF

ONEO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Momentum Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising high momentum characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.04

Average Daily Volume

2,289

Number of Holdings ^*

888

* may have additional holdings in another (foreign) market

Performance

Period	FAD	ONEO
30 Days	9.58%	6.95%
60 Days	11.65%	7.48%
90 Days	14.77%	9.35%
12 Months	44.05%	32.32%

301 Overlapping Holdings

Symbol	Grade	Weight in FAD	Weight in ONEO	Overlap
A	D	0.07%	0.15%	0.07%
AAON	B	0.2%	0.14%	0.14%
AAPL	C	0.17%	0.07%	0.07%
ACGL	D	0.37%	0.6%	0.37%
ADC	B	0.17%	0.01%	0.01%
ADP	B	0.09%	0.08%	0.08%
ADSK	A	0.19%	0.17%	0.17%
AES	F	0.09%	0.06%	0.06%
AJG	B	0.26%	0.04%	0.04%
ALL	A	0.44%	0.04%	0.04%
ALLE	D	0.12%	0.08%	0.08%
ALSN	B	0.25%	0.38%	0.25%
AM	A	0.04%	0.07%	0.04%
AMGN	D	0.15%	0.05%	0.05%
AMP	A	0.41%	0.1%	0.1%
AMT	D	0.21%	0.01%	0.01%
AMZN	C	0.18%	0.04%	0.04%
ANET	C	0.33%	0.17%	0.17%
AON	A	0.09%	0.07%	0.07%
AOS	F	0.07%	0.15%	0.07%
APH	A	0.18%	0.21%	0.18%
APO	B	0.32%	0.12%	0.12%
APP	B	0.96%	1.01%	0.96%
APPF	B	0.04%	0.0%	0.0%
ARES	A	0.18%	0.04%	0.04%
ATI	D	0.18%	0.05%	0.05%
ATR	B	0.09%	0.1%	0.09%
AVB	B	0.08%	0.06%	0.06%
AVGO	D	0.32%	0.03%	0.03%
AWI	A	0.15%	0.12%	0.12%
AXON	A	0.63%	0.07%	0.07%
AXP	A	0.44%	0.1%	0.1%
AXTA	A	0.09%	0.04%	0.04%
AYI	B	0.15%	0.28%	0.15%
AZEK	A	0.12%	0.09%	0.09%
AZO	C	0.17%	0.19%	0.17%
AZTA	D	0.02%	0.01%	0.01%
BAH	F	0.29%	0.11%	0.11%
BFAM	D	0.16%	0.03%	0.03%
BK	A	0.46%	0.1%	0.1%
BKNG	A	0.29%	0.24%	0.24%
BLD	D	0.15%	0.21%	0.15%
BR	A	0.26%	0.17%	0.17%
BRBR	A	0.15%	0.17%	0.15%
BRK.A	B	0.25%	0.05%	0.05%
BRKR	D	0.03%	0.02%	0.02%
BRO	B	0.36%	0.15%	0.15%
BRX	A	0.09%	0.04%	0.04%
BSX	B	0.36%	0.05%	0.05%
BURL	A	0.44%	0.14%	0.14%
BWXT	B	0.15%	0.1%	0.1%
CACI	D	0.18%	0.19%	0.18%
CASY	A	0.27%	0.53%	0.27%
CAT	B	0.33%	0.17%	0.17%
CBOE	B	0.17%	0.32%	0.17%
CBSH	A	0.1%	0.03%	0.03%
CCI	D	0.07%	0.02%	0.02%
CCL	B	0.45%	0.06%	0.06%
CEG	D	0.37%	0.01%	0.01%
CFR	B	0.1%	0.01%	0.01%
CHD	B	0.09%	0.11%	0.09%
CHDN	B	0.09%	0.03%	0.03%
CHE	D	0.04%	0.06%	0.04%
CHH	A	0.05%	0.03%	0.03%
CL	D	0.22%	0.16%	0.16%
CLH	B	0.13%	0.16%	0.13%
CMG	B	0.08%	0.14%	0.08%
CNM	D	0.04%	0.27%	0.04%
COIN	C	0.31%	0.01%	0.01%
COKE	C	0.19%	0.21%	0.19%
COST	B	0.35%	0.09%	0.09%
CPAY	A	0.2%	0.21%	0.2%
CPNG	D	0.42%	0.29%	0.29%
CPT	B	0.08%	0.03%	0.03%
CRM	B	0.1%	0.17%	0.1%
CROX	D	0.08%	0.09%	0.08%
CRUS	D	0.1%	0.18%	0.1%
CRWD	B	0.1%	0.23%	0.1%
CSL	C	0.24%	0.2%	0.2%
CTAS	B	0.35%	0.12%	0.12%
CUBE	D	0.08%	0.06%	0.06%
CVNA	B	0.59%	0.15%	0.15%
CW	B	0.22%	0.16%	0.16%
DASH	A	0.51%	0.47%	0.47%
DAY	B	0.05%	0.03%	0.03%
DBX	B	0.09%	0.24%	0.09%
DCI	B	0.04%	0.11%	0.04%
DECK	A	0.27%	0.21%	0.21%
DELL	C	0.19%	0.26%	0.19%
DKNG	B	0.09%	0.04%	0.04%
DKS	C	0.12%	0.42%	0.12%
DLR	B	0.09%	0.05%	0.05%
DOCS	C	0.14%	0.02%	0.02%
DOCU	A	0.16%	0.1%	0.1%
DOV	A	0.18%	0.11%	0.11%
DT	C	0.12%	0.09%	0.09%
DTM	B	0.11%	0.12%	0.11%
DUOL	A	0.23%	0.06%	0.06%
DVA	B	0.2%	0.21%	0.2%
ECL	D	0.24%	0.07%	0.07%
EEFT	B	0.09%	0.08%	0.08%
EFX	F	0.21%	0.04%	0.04%
EGP	F	0.04%	0.02%	0.02%
EHC	B	0.17%	0.14%	0.14%
EME	C	0.49%	0.44%	0.44%
EPR	D	0.04%	0.01%	0.01%
EQIX	A	0.08%	0.03%	0.03%
ESAB	B	0.1%	0.09%	0.09%
ESI	A	0.04%	0.04%	0.04%
ESS	B	0.08%	0.05%	0.05%
ETN	A	0.18%	0.08%	0.08%
EWBC	A	0.21%	0.13%	0.13%
EXEL	B	0.22%	0.18%	0.18%
EXP	A	0.17%	0.26%	0.17%
EXPE	B	0.51%	0.82%	0.51%
EXR	D	0.15%	0.05%	0.05%
FAST	B	0.09%	0.18%	0.09%
FCN	D	0.07%	0.03%	0.03%
FCNCA	A	0.4%	0.47%	0.4%
FFIV	B	0.14%	0.36%	0.14%
FI	A	0.4%	0.11%	0.11%
FICO	B	0.49%	0.23%	0.23%
FIX	A	0.24%	0.3%	0.24%
FLS	B	0.14%	0.13%	0.13%
FND	C	0.07%	0.14%	0.07%
FR	C	0.04%	0.02%	0.02%
FRPT	B	0.18%	0.04%	0.04%
FSLR	F	0.33%	0.04%	0.04%
FTNT	C	0.29%	0.56%	0.29%
GAP	C	0.08%	0.15%	0.08%
GDDY	A	0.5%	0.68%	0.5%
GE	D	0.32%	0.11%	0.11%
GEN	B	0.36%	0.22%	0.22%
GLPI	C	0.08%	0.05%	0.05%
GOOGL	C	0.09%	0.07%	0.07%
GPK	C	0.08%	0.06%	0.06%
GPN	B	0.09%	0.05%	0.05%
GRMN	B	0.4%	0.27%	0.27%
GS	A	0.5%	0.02%	0.02%
GWRE	A	0.18%	0.06%	0.06%
GWW	B	0.28%	0.25%	0.25%
H	B	0.04%	0.05%	0.04%
HCA	F	0.35%	0.1%	0.1%
HEI	B	0.44%	0.01%	0.01%
HEI	B	0.44%	0.01%	0.01%
HLI	B	0.19%	0.18%	0.18%
HLT	A	0.27%	0.19%	0.19%
HRB	D	0.16%	0.31%	0.16%
HUBB	B	0.26%	0.09%	0.09%
HWM	A	0.48%	0.15%	0.15%
IBKR	A	0.22%	0.1%	0.1%
IBM	C	0.32%	0.2%	0.2%
ICE	C	0.24%	0.03%	0.03%
INSP	D	0.1%	0.01%	0.01%
IR	B	0.17%	0.15%	0.15%
IRM	D	0.41%	0.04%	0.04%
ISRG	A	0.27%	0.06%	0.06%
IT	C	0.17%	0.27%	0.17%
ITT	A	0.17%	0.25%	0.17%
ITW	B	0.08%	0.07%	0.07%
JPM	A	0.39%	0.01%	0.01%
KD	B	0.05%	0.08%	0.05%
KEX	C	0.17%	0.14%	0.14%
KKR	A	0.49%	0.02%	0.02%
KLAC	D	0.07%	0.27%	0.07%
KMB	D	0.08%	0.11%	0.08%
KNSL	B	0.08%	0.31%	0.08%
KO	D	0.15%	0.02%	0.02%
LAMR	D	0.08%	0.15%	0.08%
LII	A	0.35%	0.18%	0.18%
LIN	D	0.08%	0.05%	0.05%
LITE	B	0.09%	0.01%	0.01%
LLY	F	0.14%	0.01%	0.01%
LNW	D	0.04%	0.11%	0.04%
LOPE	B	0.05%	0.15%	0.05%
LPLA	A	0.11%	0.34%	0.11%
LVS	C	0.24%	0.02%	0.02%
LYV	A	0.41%	0.16%	0.16%
MA	C	0.09%	0.04%	0.04%
MANH	D	0.24%	0.26%	0.24%
MAR	B	0.19%	0.2%	0.19%
MASI	A	0.05%	0.02%	0.02%
MCD	D	0.16%	0.02%	0.02%
MCO	B	0.25%	0.13%	0.13%
MEDP	D	0.04%	0.11%	0.04%
META	D	0.33%	0.11%	0.11%
MKL	A	0.09%	0.27%	0.09%
MKTX	D	0.09%	0.03%	0.03%
MMC	B	0.17%	0.13%	0.13%
MO	A	0.19%	0.32%	0.19%
MORN	B	0.04%	0.04%	0.04%
MPWR	F	0.11%	0.17%	0.11%
MSCI	C	0.08%	0.11%	0.08%
MSGS	A	0.09%	0.02%	0.02%
MSI	B	0.37%	0.2%	0.2%
MSTR	C	0.19%	0.02%	0.02%
MTCH	D	0.1%	0.05%	0.05%
MTD	D	0.06%	0.05%	0.05%
NCLH	B	0.16%	0.15%	0.15%
NDAQ	A	0.27%	0.07%	0.07%
NEE	D	0.31%	0.04%	0.04%
NEU	C	0.04%	0.13%	0.04%
NFLX	A	0.29%	0.04%	0.04%
NNN	D	0.04%	0.04%	0.04%
NOW	A	0.38%	0.21%	0.21%
NRG	B	0.43%	0.27%	0.27%
NSA	D	0.06%	0.03%	0.03%
NTAP	C	0.24%	0.41%	0.24%
NTNX	A	0.05%	0.05%	0.05%
NTRS	A	0.41%	0.05%	0.05%
NVDA	C	0.39%	0.15%	0.15%
NYT	C	0.12%	0.12%	0.12%
O	D	0.15%	0.01%	0.01%
OHI	C	0.12%	0.02%	0.02%
OLLI	D	0.12%	0.13%	0.12%
ORLY	B	0.18%	0.17%	0.17%
OTIS	C	0.16%	0.09%	0.09%
OWL	A	0.05%	0.03%	0.03%
PANW	C	0.19%	0.18%	0.18%
PAYC	B	0.05%	0.37%	0.05%
PAYX	C	0.09%	0.15%	0.09%
PCG	A	0.36%	0.13%	0.13%
PCTY	B	0.1%	0.04%	0.04%
PEG	A	0.34%	0.24%	0.24%
PEGA	A	0.19%	0.01%	0.01%
PG	A	0.08%	0.02%	0.02%
PGR	A	0.43%	0.2%	0.2%
PH	A	0.37%	0.04%	0.04%
PLNT	A	0.15%	0.02%	0.02%
PLTR	B	0.69%	0.08%	0.08%
PM	B	0.37%	0.08%	0.08%
PRI	A	0.14%	0.12%	0.12%
PSA	D	0.23%	0.12%	0.12%
PSN	D	0.19%	0.15%	0.15%
PWR	A	0.46%	0.17%	0.17%
QCOM	F	0.08%	0.14%	0.08%
RBC	A	0.04%	0.07%	0.04%
RCL	A	0.55%	0.37%	0.37%
REG	B	0.09%	0.02%	0.02%
RGLD	C	0.04%	0.08%	0.04%
RL	B	0.18%	0.29%	0.18%
RLI	B	0.09%	0.08%	0.08%
RMD	C	0.33%	0.05%	0.05%
RNG	B	0.08%	0.03%	0.03%
ROIV	C	0.04%	0.01%	0.01%
ROL	B	0.17%	0.09%	0.09%
ROST	C	0.16%	0.21%	0.16%
RSG	A	0.18%	0.11%	0.11%
RYAN	B	0.13%	0.01%	0.01%
S	B	0.14%	0.03%	0.03%
SBAC	D	0.08%	0.02%	0.02%
SCI	B	0.14%	0.06%	0.06%
SHW	A	0.33%	0.13%	0.13%
SMG	D	0.14%	0.04%	0.04%
SO	D	0.24%	0.09%	0.09%
SPG	B	0.18%	0.3%	0.18%
SPGI	C	0.24%	0.03%	0.03%
SSD	D	0.04%	0.17%	0.04%
SYK	C	0.09%	0.05%	0.05%
TDG	D	0.3%	0.05%	0.05%
TECH	D	0.03%	0.02%	0.02%
THC	D	0.39%	0.35%	0.35%
TJX	A	0.25%	0.2%	0.2%
TMUS	B	0.39%	0.05%	0.05%
TNL	A	0.06%	0.06%	0.06%
TOST	B	0.23%	0.18%	0.18%
TPG	A	0.19%	0.04%	0.04%
TPL	A	0.39%	0.25%	0.25%
TRGP	B	0.57%	0.06%	0.06%
TRMB	B	0.05%	0.03%	0.03%
TSCO	D	0.23%	0.25%	0.23%
TT	A	0.44%	0.18%	0.18%
TTD	B	0.26%	0.15%	0.15%
TTEK	F	0.18%	0.06%	0.06%
TW	A	0.13%	0.11%	0.11%
TXRH	C	0.18%	0.28%	0.18%
TYL	B	0.25%	0.09%	0.09%
UBER	D	0.23%	0.06%	0.06%
UDR	B	0.04%	0.02%	0.02%
URI	B	0.43%	0.45%	0.43%
UTHR	C	0.42%	0.27%	0.27%
VICI	C	0.16%	0.09%	0.09%
VLTO	D	0.23%	0.09%	0.09%
VRT	B	0.52%	0.26%	0.26%
VRTX	F	0.08%	0.1%	0.08%
VST	B	0.52%	0.86%	0.52%
VTR	C	0.42%	0.01%	0.01%
WAB	B	0.45%	0.17%	0.17%
WAT	B	0.08%	0.01%	0.01%
WDAY	B	0.09%	0.13%	0.09%
WELL	A	0.26%	0.02%	0.02%
WEN	D	0.02%	0.01%	0.01%
WING	D	0.1%	0.09%	0.09%
WM	A	0.09%	0.12%	0.09%
WMB	A	0.21%	0.22%	0.21%
WSM	B	0.15%	0.45%	0.15%
WSO	A	0.26%	0.16%	0.16%
WTM	A	0.09%	0.01%	0.01%
WWD	B	0.12%	0.09%	0.09%
WYNN	D	0.12%	0.07%	0.07%
ZTS	D	0.07%	0.04%	0.04%

FAD Overweight 340 Positions Relative to ONEO

Symbol	Grade	Weight
HOOD	B	0.5%
RBLX	C	0.39%
ORCL	B	0.37%
AFRM	B	0.32%
ERIE	D	0.32%
SOFI	A	0.3%
ALNY	D	0.29%
SFM	A	0.27%
AX	A	0.26%
PIPR	B	0.25%
QTWO	A	0.25%
NTRA	B	0.25%
FOUR	B	0.24%
HLNE	B	0.24%
CORT	B	0.24%
RDNT	B	0.24%
RKLB	B	0.24%
SFBS	B	0.24%
KTB	B	0.23%
CSWI	A	0.23%
CRS	A	0.23%
TSLA	B	0.22%
KNF	A	0.22%
ACIW	B	0.22%
COHR	B	0.22%
XYL	D	0.22%
MOG.A	B	0.22%
CVLT	B	0.22%
ITRI	B	0.22%
DY	D	0.21%
ENSG	D	0.21%
IOT	A	0.21%
MOD	A	0.2%
AIT	A	0.2%
LTH	C	0.2%
FFIN	B	0.19%
PODD	C	0.19%
HIMS	B	0.19%
GMED	A	0.19%
EAT	A	0.19%
EXLS	B	0.19%
MMSI	B	0.18%
CRVL	A	0.18%
SLG	B	0.18%
BOOT	D	0.17%
TKO	B	0.17%
PAYO	A	0.17%
ANF	C	0.17%
ITGR	B	0.17%
AUR	C	0.17%
ROAD	A	0.16%
IDCC	A	0.16%
POWL	C	0.16%
IESC	B	0.16%
FSS	B	0.16%
CBT	C	0.16%
BMI	B	0.16%
EPRT	B	0.16%
PRIM	A	0.16%
AVAV	D	0.16%
BCO	D	0.16%
CRDO	B	0.16%
TRUP	B	0.15%
GVA	A	0.15%
KAI	A	0.15%
LMND	B	0.15%
IBOC	A	0.15%
WWW	B	0.15%
RIVN	F	0.15%
TGTX	B	0.15%
STRL	B	0.15%
PI	D	0.14%
FTDR	A	0.14%
PRCT	B	0.14%
ZETA	D	0.14%
STEP	B	0.14%
WHD	B	0.14%
CNK	B	0.14%
IBP	D	0.14%
ATGE	B	0.14%
PJT	A	0.14%
MCY	A	0.14%
USLM	A	0.14%
HOMB	A	0.14%
ONB	B	0.14%
LRN	A	0.14%
ENVA	B	0.14%
QCRH	A	0.14%
WULF	C	0.14%
LNTH	D	0.14%
TBBK	B	0.13%
BDC	B	0.13%
REVG	B	0.13%
ACLX	C	0.13%
GSHD	A	0.13%
AXSM	B	0.13%
BOX	B	0.13%
TRN	C	0.13%
VCYT	B	0.13%
CNS	B	0.13%
HASI	D	0.13%
RYTM	C	0.13%
CHEF	A	0.12%
HWKN	B	0.12%
ADMA	B	0.12%
NHC	C	0.12%
DSGR	D	0.12%
SKWD	A	0.12%
SLVM	B	0.12%
AMRX	C	0.12%
CALM	A	0.12%
SBRA	C	0.12%
HNI	B	0.12%
PBI	B	0.12%
SKYW	B	0.12%
HALO	F	0.12%
LMAT	A	0.11%
KYMR	D	0.11%
PTGX	C	0.11%
MWA	B	0.11%
OSW	A	0.11%
VRNS	D	0.11%
PRK	B	0.11%
NBHC	B	0.11%
PLMR	B	0.11%
PRM	C	0.11%
ALKT	B	0.11%
VCTR	B	0.11%
RNA	D	0.11%
INTA	A	0.11%
ALHC	C	0.11%
SYBT	B	0.11%
DORM	B	0.11%
INSM	C	0.11%
CWAN	B	0.11%
CDE	D	0.11%
AGIO	C	0.11%
PTON	B	0.11%
SATS	D	0.11%
SGBX	F	0.11%
OUT	A	0.1%
GME	C	0.1%
LFST	C	0.1%
AORT	B	0.1%
SMTC	B	0.1%
CENX	B	0.1%
RARE	D	0.1%
SABR	C	0.1%
RVMD	C	0.1%
CPRX	C	0.1%
CCOI	B	0.1%
PTCT	B	0.1%
JANX	C	0.1%
MIRM	B	0.1%
CRAI	B	0.1%
MNKD	C	0.1%
TGLS	B	0.1%
CHWY	B	0.1%
TMDX	F	0.09%
ORA	B	0.09%
IRT	A	0.09%
RHP	B	0.09%
GKOS	B	0.09%
NMIH	D	0.09%
WTTR	B	0.09%
BCRX	D	0.09%
CWST	A	0.09%
OSCR	D	0.09%
VERX	B	0.09%
RUN	F	0.09%
YOU	D	0.09%
ITCI	C	0.09%
PRGS	A	0.09%
FBP	B	0.09%
NPAB	B	0.09%
BLBD	D	0.08%
UE	C	0.08%
AGNC	D	0.08%
MU	D	0.08%
HURN	B	0.08%
CHCO	B	0.08%
OII	B	0.08%
HRMY	D	0.08%
ESE	B	0.08%
SHAK	C	0.08%
MGNI	A	0.08%
VITL	D	0.08%
GERN	D	0.08%
BLKB	B	0.08%
CIFR	B	0.08%
BPMC	C	0.08%
CTRE	D	0.08%
BANF	B	0.08%
CAKE	C	0.08%
BGC	C	0.08%
WT	B	0.08%
APOG	B	0.08%
SITM	B	0.08%
GABC	B	0.08%
CARG	C	0.08%
SEMR	B	0.08%
BCPC	B	0.08%
ASTH	D	0.08%
MBIN	D	0.08%
KRG	B	0.08%
UFPT	B	0.08%
PMT	D	0.07%
CWT	D	0.07%
WRBY	B	0.07%
VRRM	D	0.07%
ESRT	C	0.07%
NRIX	D	0.07%
EXPO	D	0.07%
KN	B	0.07%
OSIS	B	0.07%
AAT	B	0.07%
COLL	F	0.07%
AZZ	B	0.07%
KTOS	B	0.07%
GFF	A	0.07%
IIPR	D	0.06%
MGEE	C	0.06%
DRVN	B	0.06%
GTLS	B	0.06%
LYFT	C	0.06%
AROC	B	0.06%
HEES	B	0.06%
ICFI	F	0.06%
BLFS	C	0.06%
HLIT	D	0.06%
CEIX	A	0.06%
CLSK	C	0.06%
FLNC	C	0.06%
ADUS	D	0.06%
ASPN	F	0.06%
KNTK	B	0.06%
IOVA	F	0.06%
DOCN	D	0.06%
AMPH	D	0.06%
BRC	D	0.06%
TWST	D	0.06%
NHI	D	0.06%
CMPR	D	0.05%
GTX	D	0.05%
AESI	B	0.05%
SXT	B	0.05%
JJSF	B	0.05%
IAS	C	0.05%
MARA	C	0.05%
UMH	C	0.05%
KW	B	0.05%
AIV	C	0.05%
SCS	C	0.05%
FCPT	C	0.05%
CDP	C	0.05%
SWI	B	0.05%
GATX	A	0.05%
TNDM	F	0.05%
OCUL	D	0.05%
GTY	B	0.05%
ARQT	C	0.05%
NEO	C	0.05%
NXRT	B	0.05%
CPK	A	0.05%
MAC	B	0.05%
WDFC	B	0.05%
ACVA	B	0.05%
SKT	B	0.05%
BANC	A	0.05%
GH	B	0.05%
AGM	C	0.05%
LGND	B	0.05%
SXI	B	0.05%
AGYS	A	0.05%
BKD	D	0.05%
LKFN	B	0.05%
EPAC	B	0.05%
ELAN	D	0.04%
CDRE	D	0.04%
HUMA	F	0.04%
MYGN	F	0.04%
PHR	F	0.04%
DNLI	D	0.04%
IPAR	B	0.04%
EVH	F	0.04%
ALX	D	0.04%
RXST	F	0.04%
ELME	D	0.04%
MAIN	A	0.04%
CRNX	C	0.04%
NVAX	F	0.04%
HLX	B	0.04%
ANIP	F	0.04%
GOLF	B	0.04%
MLNK	B	0.03%
PLAY	D	0.03%
APPN	B	0.03%
LCID	F	0.03%
APAM	B	0.03%
SMPL	B	0.03%
ACAD	D	0.03%
CTS	C	0.03%
CARS	B	0.03%
WABC	B	0.03%
CBZ	B	0.03%
TDW	F	0.03%
SOUN	C	0.03%
PAR	B	0.03%
U	C	0.03%
MIR	A	0.03%
TGI	B	0.03%
ARDX	F	0.03%
CLDX	F	0.02%
RLAY	F	0.02%
XPRO	F	0.02%
LPG	F	0.02%
VECO	F	0.02%
JAMF	F	0.02%
JOE	F	0.02%
GNL	F	0.02%
NSSC	D	0.02%
PZZA	D	0.02%
TNC	D	0.02%
FOLD	F	0.02%
ENVX	F	0.02%
RRR	D	0.02%
ARLO	C	0.02%
IRDM	D	0.02%
BXMT	C	0.02%
AMC	C	0.02%
BEAM	D	0.02%
FBRT	C	0.02%
AWR	B	0.02%
YELP	C	0.02%
THR	B	0.02%
STRA	C	0.02%
LTC	B	0.02%
TR	B	0.02%
BL	B	0.02%
CLB	B	0.02%

FAD Underweight 587 Positions Relative to ONEO

Symbol	Grade	Weight
PHM	D	-0.79%
MCK	B	-0.73%
LEN	D	-0.66%
CAH	B	-0.6%
DHI	D	-0.58%
DAL	C	-0.57%
JBL	B	-0.55%
TOL	B	-0.55%
SYF	B	-0.54%
FANG	D	-0.52%
PFGC	B	-0.45%
OC	A	-0.45%
BLDR	D	-0.44%
STLD	B	-0.44%
LDOS	C	-0.43%
BJ	A	-0.41%
CMI	A	-0.41%
NUE	C	-0.38%
CTSH	B	-0.38%
CNC	D	-0.37%
COR	B	-0.37%
CINF	A	-0.37%
RNR	C	-0.37%
KR	B	-0.35%
NVR	D	-0.34%
TPR	B	-0.34%
SOLV	C	-0.34%
EOG	A	-0.33%
PCAR	B	-0.33%
GM	B	-0.33%
HIG	B	-0.32%
COF	B	-0.32%
USFD	A	-0.31%
EG	C	-0.3%
HUM	C	-0.29%
MPC	D	-0.29%
ADM	D	-0.29%
MRO	B	-0.28%
VLO	C	-0.28%
SWKS	F	-0.28%
LRCX	F	-0.28%
EBAY	D	-0.27%
ETR	B	-0.27%
EPAM	C	-0.27%
SNA	A	-0.27%
EVR	B	-0.26%
SKX	D	-0.25%
TSN	B	-0.25%
CI	F	-0.25%
CHRD	D	-0.24%
BKR	B	-0.24%
MTG	C	-0.24%
INGR	B	-0.24%
MOH	F	-0.24%
SYY	B	-0.23%
HPE	B	-0.23%
RS	B	-0.23%
AMG	B	-0.22%
FDX	B	-0.22%
ARMK	B	-0.22%
UHS	D	-0.22%
FTI	A	-0.22%
IP	B	-0.22%
PVH	C	-0.21%
SAIA	B	-0.21%
CBRE	B	-0.21%
WCC	B	-0.21%
AFL	B	-0.21%
AMAT	F	-0.21%
PKG	A	-0.2%
FYBR	D	-0.2%
DFS	B	-0.2%
MAS	D	-0.2%
MUSA	A	-0.19%
SNX	C	-0.19%
R	B	-0.19%
WRB	A	-0.19%
CB	C	-0.19%
OSK	B	-0.19%
SNPS	B	-0.19%
INTU	C	-0.19%
GEV	B	-0.19%
ATO	A	-0.18%
TXT	D	-0.18%
CTRA	B	-0.18%
LUV	C	-0.18%
BBY	D	-0.18%
T	A	-0.17%
MTZ	B	-0.17%
J	F	-0.17%
PSTG	D	-0.17%
ULTA	F	-0.17%
GL	B	-0.17%
VTRS	A	-0.17%
SAIC	F	-0.17%
ODFL	B	-0.17%
DVN	F	-0.17%
AGO	B	-0.17%
CF	B	-0.17%
PYPL	B	-0.17%
EMN	D	-0.16%
HPQ	B	-0.16%
HST	C	-0.16%
GEHC	F	-0.16%
TRV	B	-0.16%
CE	F	-0.16%
UAL	A	-0.16%
OMC	C	-0.16%
CDNS	B	-0.16%
GNTX	C	-0.15%
KEYS	A	-0.15%
HAL	C	-0.15%
PSX	C	-0.15%
VVV	F	-0.15%
GD	F	-0.15%
FDS	B	-0.15%
PNR	A	-0.15%
ELV	F	-0.15%
CVS	D	-0.15%
COP	C	-0.15%
HII	D	-0.14%
DRI	B	-0.14%
TER	D	-0.14%
CHTR	C	-0.14%
CARR	D	-0.14%
MLM	B	-0.14%
JHG	A	-0.14%
LH	C	-0.14%
UNM	A	-0.14%
SRE	A	-0.14%
WFRD	D	-0.14%
CNP	B	-0.13%
ONTO	D	-0.13%
PINS	D	-0.13%
MSFT	F	-0.13%
EIX	B	-0.13%
WU	D	-0.13%
BBWI	D	-0.13%
ADBE	C	-0.13%
DINO	D	-0.13%
DXC	B	-0.13%
ROK	B	-0.13%
FITB	A	-0.13%
BG	F	-0.13%
TGT	F	-0.13%
EA	A	-0.12%
SLB	C	-0.12%
M	D	-0.12%
TEAM	A	-0.12%
BWA	D	-0.12%
DLTR	F	-0.12%
TROW	B	-0.12%
SEIC	B	-0.12%
LECO	B	-0.12%
WBD	C	-0.12%
DPZ	C	-0.12%
NXST	C	-0.12%
MTB	A	-0.12%
VMC	B	-0.12%
AEP	D	-0.12%
RPM	A	-0.12%
AKAM	D	-0.12%
VZ	C	-0.12%
CDW	F	-0.11%
KMI	A	-0.11%
THO	B	-0.11%
ED	D	-0.11%
NFG	A	-0.11%
OMF	A	-0.11%
TPX	B	-0.11%
PPL	B	-0.11%
JCI	C	-0.11%
MHK	D	-0.11%
ADI	D	-0.11%
L	A	-0.11%
MTDR	B	-0.11%
DUK	C	-0.11%
AFG	A	-0.11%
LSCC	D	-0.11%
MCHP	D	-0.11%
GPC	D	-0.11%
CR	A	-0.11%
NI	A	-0.11%
FOXA	B	-0.1%
LOW	D	-0.1%
POOL	C	-0.1%
JLL	D	-0.1%
GNRC	B	-0.1%
ALK	C	-0.1%
WMS	D	-0.1%
HBAN	A	-0.1%
FNF	B	-0.1%
NWSA	B	-0.1%
CFG	B	-0.1%
AIZ	A	-0.1%
FCX	D	-0.1%
D	C	-0.1%
DGX	A	-0.1%
K	A	-0.1%
XEL	A	-0.1%
ABNB	C	-0.1%
DD	D	-0.1%
RGA	A	-0.1%
DOX	D	-0.1%
LYB	F	-0.1%
TDC	D	-0.1%
AMKR	D	-0.1%
ORI	A	-0.1%
RF	A	-0.1%
VRSK	A	-0.09%
NBIX	C	-0.09%
PNC	B	-0.09%
F	C	-0.09%
OXY	D	-0.09%
REGN	F	-0.09%
GTES	A	-0.09%
SPOT	B	-0.09%
AVY	D	-0.09%
CMCSA	B	-0.09%
DDOG	A	-0.09%
GILD	C	-0.09%
X	C	-0.09%
ACM	A	-0.09%
BX	A	-0.09%
CMS	C	-0.09%
KEY	B	-0.09%
HOG	D	-0.09%
WST	C	-0.09%
SMCI	F	-0.09%
CPRT	A	-0.09%
FE	C	-0.08%
OLED	D	-0.08%
MGM	D	-0.08%
OLN	D	-0.08%
ON	D	-0.08%
CMA	A	-0.08%
DE	A	-0.08%
MAT	D	-0.08%
CSCO	B	-0.08%
RHI	B	-0.08%
OGE	B	-0.08%
NVT	B	-0.08%
TREX	C	-0.08%
EXC	C	-0.08%
CIEN	B	-0.08%
EXPD	D	-0.08%
QRVO	F	-0.08%
AME	A	-0.07%
CSX	B	-0.07%
POST	C	-0.07%
DLB	B	-0.07%
AMCR	D	-0.07%
USB	A	-0.07%
PNFP	B	-0.07%
YETI	C	-0.07%
WBS	A	-0.07%
AIG	B	-0.07%
FTV	C	-0.07%
LMT	D	-0.07%
WEX	D	-0.07%
ZION	B	-0.07%
ALGN	D	-0.07%
MRVL	B	-0.07%
ACI	C	-0.07%
DOW	F	-0.07%
LEA	D	-0.07%
WTFC	A	-0.07%
CLF	F	-0.07%
GOOG	C	-0.07%
APD	A	-0.07%
EVRG	A	-0.07%
OZK	B	-0.07%
BYD	C	-0.07%
PRU	A	-0.07%
FHN	A	-0.07%
TAP	C	-0.07%
APG	B	-0.07%
LULU	C	-0.07%
COLM	B	-0.07%
SSNC	B	-0.07%
WEC	A	-0.07%
AL	B	-0.07%
VNT	B	-0.06%
ROP	B	-0.06%
GLOB	B	-0.06%
SBUX	A	-0.06%
TDY	B	-0.06%
VEEV	C	-0.06%
JKHY	D	-0.06%
TXN	C	-0.06%
DDS	B	-0.06%
GIS	D	-0.06%
AXS	A	-0.06%
AVTR	F	-0.06%
WTW	B	-0.06%
SF	B	-0.06%
GGG	B	-0.06%
OVV	B	-0.06%
FBIN	D	-0.06%
NOV	C	-0.06%
IDXX	F	-0.06%
UHAL	D	-0.06%
KHC	F	-0.06%
NOC	D	-0.06%
SNV	B	-0.06%
MET	A	-0.06%
RTX	C	-0.06%
PNW	B	-0.06%
YUM	B	-0.06%
JBHT	C	-0.06%
CCK	C	-0.06%
ZM	B	-0.06%
IEX	B	-0.06%
VSTS	C	-0.06%
JWN	C	-0.06%
DTE	C	-0.06%
BLK	C	-0.06%
BALL	D	-0.06%
HUBS	A	-0.06%
MTSI	B	-0.06%
HXL	D	-0.05%
MSM	C	-0.05%
PCOR	B	-0.05%
HES	B	-0.05%
WLK	D	-0.05%
PR	B	-0.05%
TKR	D	-0.05%
LNT	A	-0.05%
ENTG	D	-0.05%
CVX	A	-0.05%
NSC	B	-0.05%
XPO	B	-0.05%
GO	C	-0.05%
LKQ	D	-0.05%
GLW	B	-0.05%
FOX	A	-0.05%
UPS	C	-0.05%
ANSS	B	-0.05%
AAP	C	-0.05%
DG	F	-0.05%
FLO	D	-0.05%
DV	C	-0.05%
EQH	B	-0.05%
WFC	A	-0.05%
IPG	D	-0.05%
SPB	C	-0.05%
MDLZ	F	-0.05%
EQR	B	-0.05%
ABBV	D	-0.05%
LHX	C	-0.05%
MMM	D	-0.05%
PTC	A	-0.05%
ZS	C	-0.05%
WY	D	-0.05%
SITE	D	-0.05%
ACN	C	-0.05%
MDU	D	-0.05%
NU	C	-0.05%
CPB	D	-0.05%
HD	A	-0.05%
AEE	A	-0.05%
SN	D	-0.05%
SLM	A	-0.04%
LPX	B	-0.04%
WH	B	-0.04%
KVUE	A	-0.04%
KMX	B	-0.04%
BERY	B	-0.04%
TRU	D	-0.04%
HON	B	-0.04%
CME	A	-0.04%
AR	B	-0.04%
UA	C	-0.04%
MDT	D	-0.04%
LNG	B	-0.04%
PPC	C	-0.04%
NWL	B	-0.04%
STT	A	-0.04%
BC	C	-0.04%
GTLB	B	-0.04%
CC	C	-0.04%
UNP	C	-0.04%
LSTR	D	-0.04%
CTVA	C	-0.04%
STE	F	-0.04%
AAL	B	-0.04%
JNPR	F	-0.04%
STZ	D	-0.04%
CRI	D	-0.04%
ALLY	C	-0.04%
BPOP	B	-0.04%
WAL	B	-0.04%
KIM	A	-0.04%
JAZZ	B	-0.04%
PPG	F	-0.04%
CIVI	D	-0.04%
AMD	F	-0.03%
UAA	C	-0.03%
JNJ	D	-0.03%
VRSN	F	-0.03%
HIW	D	-0.03%
CAG	D	-0.03%
RJF	A	-0.03%
ELS	C	-0.03%
ZBH	C	-0.03%
FIS	C	-0.03%
IDA	A	-0.03%
RPRX	D	-0.03%
MAA	B	-0.03%
UNH	C	-0.03%
CXT	B	-0.03%
TMO	F	-0.03%
WMT	A	-0.03%
AWK	D	-0.03%
APA	D	-0.03%
PRGO	B	-0.03%
XOM	B	-0.03%
SLGN	A	-0.03%
ZI	D	-0.03%
OKTA	C	-0.03%
TWLO	A	-0.03%
KSS	F	-0.03%
SCHW	B	-0.03%
PFG	D	-0.03%
SMAR	A	-0.03%
TRIP	F	-0.03%
NDSN	B	-0.03%
TFC	A	-0.03%
SON	D	-0.03%
EW	C	-0.03%
LFUS	F	-0.03%
RRC	B	-0.03%
IFF	D	-0.03%
APTV	D	-0.03%
MAN	D	-0.03%
BMY	B	-0.03%
NKE	D	-0.03%
SWK	D	-0.03%
FNB	A	-0.03%
KDP	D	-0.03%
WTRG	B	-0.03%
CRBG	B	-0.03%
AN	C	-0.03%
CLX	B	-0.03%
AGCO	D	-0.03%
G	B	-0.03%
OGN	D	-0.03%
CRL	C	-0.03%
COLB	A	-0.03%
LEN	D	-0.03%
SNOW	C	-0.03%
WPC	D	-0.03%
FTRE	D	-0.03%
VIRT	B	-0.03%
IQV	D	-0.03%
CELH	F	-0.03%
MOS	F	-0.03%
SQ	B	-0.03%
NWS	B	-0.03%
KBR	F	-0.03%
VMI	B	-0.02%
LW	C	-0.02%
CSGP	D	-0.02%
INTC	D	-0.02%
HRL	D	-0.02%
LBRDK	C	-0.02%
MDB	C	-0.02%
REYN	D	-0.02%
LAD	A	-0.02%
FAF	A	-0.02%
SCCO	F	-0.02%
RVTY	F	-0.02%
ASH	D	-0.02%
ALB	C	-0.02%
AMED	F	-0.02%
RYN	D	-0.02%
SJM	D	-0.02%
PLD	D	-0.02%
BEN	C	-0.02%
VOYA	B	-0.02%
MIDD	C	-0.02%
VFC	C	-0.02%
RH	B	-0.02%
BAC	A	-0.02%
QGEN	D	-0.02%
MTN	C	-0.02%
CHRW	C	-0.02%
PB	A	-0.02%
FIVE	F	-0.02%
PK	B	-0.02%
SAM	C	-0.02%
PEP	F	-0.02%
BAX	D	-0.02%
THG	A	-0.02%
MSA	D	-0.02%
INCY	C	-0.02%
BSY	D	-0.02%
HOLX	D	-0.02%
ABT	B	-0.02%
IPGP	D	-0.02%
ES	D	-0.02%
INVH	D	-0.02%
CNH	C	-0.02%
PAG	B	-0.02%
AMH	D	-0.02%
RRX	B	-0.02%
DHR	F	-0.02%
GXO	B	-0.02%
MNST	C	-0.02%
VNO	B	-0.02%
DXCM	D	-0.02%
TTC	D	-0.02%
FRT	B	-0.02%
KRC	C	-0.02%
BDX	F	-0.02%
DIS	B	-0.02%
WSC	D	-0.02%
ZBRA	B	-0.02%
V	A	-0.02%
HSY	F	-0.02%
BXP	D	-0.02%
ARW	D	-0.02%
EL	F	-0.01%
EQT	B	-0.01%
SPR	D	-0.01%
REXR	F	-0.01%
AA	B	-0.01%
VKTX	F	-0.01%
INFA	D	-0.01%
CWEN	C	-0.01%
NET	B	-0.01%
AGR	B	-0.01%
CGNX	C	-0.01%
ENOV	C	-0.01%
FMC	D	-0.01%
HAS	D	-0.01%
SNDR	B	-0.01%
IVZ	B	-0.01%
DNB	B	-0.01%
CZR	F	-0.01%
CLVT	F	-0.01%
RKT	F	-0.01%
SEB	F	-0.01%
PII	D	-0.01%
ARE	D	-0.01%
W	F	-0.01%
CNA	B	-0.01%
UGI	A	-0.01%
CUZ	B	-0.01%
ETSY	D	-0.01%
GFS	C	-0.01%
HSIC	B	-0.01%
TFX	F	-0.01%
NCNO	B	-0.01%
ACHC	F	-0.01%
JEF	A	-0.01%
HAYW	B	-0.01%
PATH	C	-0.01%
SEE	C	-0.01%
HUN	F	-0.01%
ST	F	-0.01%
STWD	C	-0.01%
KNX	B	-0.01%
MRK	F	-0.01%
PINC	B	-0.01%
FHB	A	-0.01%
XP	F	-0.01%
EMR	A	-0.01%
IAC	D	-0.01%
ADTN	A	-0.01%
CACC	D	-0.01%
STAG	F	-0.01%
CTLT	B	-0.01%
MKC	D	-0.01%
ELF	C	-0.01%
C	A	-0.01%
WHR	B	-0.01%
DOC	D	-0.01%
BA	F	-0.0%
ESTC	C	-0.0%
COTY	F	-0.0%
RGEN	D	-0.0%
BMRN	D	-0.0%
UHAL	D	-0.0%
MKSI	C	-0.0%
BOKF	B	-0.0%
VAC	B	-0.0%