IUSV vs. ONOF ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Global X Adaptive U.S. Risk Management ETF (ONOF)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$99.68

Average Daily Volume

510,918

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

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

$35.87

Average Daily Volume

4,676

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	ONOF
30 Days	4.84%	3.65%
60 Days	5.13%	4.68%
90 Days	6.82%	7.26%
12 Months	27.94%	26.02%

373 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in ONOF	Overlap
A	D	0.17%	0.07%	0.07%
ABBV	D	0.83%	0.58%	0.58%
ABNB	C	0.13%	0.11%	0.11%
ABT	B	0.88%	0.4%	0.4%
ACN	B	0.45%	0.44%	0.44%
ADI	D	0.19%	0.21%	0.19%
ADM	F	0.11%	0.05%	0.05%
ADP	B	0.33%	0.24%	0.24%
ADSK	B	0.14%	0.13%	0.13%
AEE	A	0.11%	0.05%	0.05%
AEP	D	0.23%	0.1%	0.1%
AFL	B	0.24%	0.11%	0.11%
AIG	B	0.21%	0.1%	0.1%
AJG	A	0.14%	0.13%	0.13%
AKAM	F	0.03%	0.03%	0.03%
ALGN	D	0.03%	0.03%	0.03%
ALL	B	0.23%	0.1%	0.1%
AMCR	D	0.07%	0.03%	0.03%
AME	A	0.1%	0.09%	0.09%
AMGN	D	0.67%	0.3%	0.3%
AMP	B	0.11%	0.11%	0.11%
AMT	D	0.24%	0.18%	0.18%
ANSS	B	0.06%	0.06%	0.06%
AON	A	0.18%	0.15%	0.15%
APD	A	0.32%	0.14%	0.14%
APH	B	0.17%	0.17%	0.17%
APTV	F	0.06%	0.03%	0.03%
ARE	D	0.07%	0.03%	0.03%
ATO	A	0.1%	0.04%	0.04%
AVB	B	0.14%	0.06%	0.06%
AVTR	F	0.03%	0.03%	0.03%
AVY	D	0.07%	0.03%	0.03%
AWK	D	0.12%	0.05%	0.05%
AXP	A	0.21%	0.32%	0.21%
AZO	C	0.07%	0.11%	0.07%
BA	D	0.25%	0.17%	0.17%
BAC	A	1.36%	0.61%	0.61%
BALL	D	0.08%	0.04%	0.04%
BAX	F	0.07%	0.03%	0.03%
BBY	D	0.07%	0.03%	0.03%
BDX	F	0.28%	0.13%	0.13%
BG	F	0.05%	0.02%	0.02%
BIIB	F	0.1%	0.04%	0.04%
BK	A	0.25%	0.12%	0.12%
BKR	C	0.19%	0.09%	0.09%
BLK	C	0.62%	0.3%	0.3%
BMRN	F	0.02%	0.02%	0.02%
BMY	B	0.51%	0.23%	0.23%
BR	A	0.05%	0.05%	0.05%
BRK.A	B	3.74%	1.22%	1.22%
BRO	B	0.03%	0.05%	0.03%
BSX	C	0.26%	0.26%	0.26%
BX	B	0.17%	0.26%	0.17%
BXP	D	0.05%	0.02%	0.02%
C	A	0.57%	0.25%	0.25%
CAG	D	0.06%	0.02%	0.02%
CAH	B	0.13%	0.06%	0.06%
CARR	C	0.14%	0.12%	0.12%
CAT	B	0.34%	0.37%	0.34%
CB	D	0.46%	0.23%	0.23%
CBOE	B	0.03%	0.04%	0.03%
CBRE	B	0.17%	0.08%	0.08%
CCI	D	0.2%	0.09%	0.09%
CCL	B	0.03%	0.05%	0.03%
CDW	F	0.06%	0.05%	0.05%
CEG	D	0.19%	0.14%	0.14%
CF	B	0.03%	0.03%	0.03%
CFG	B	0.09%	0.04%	0.04%
CHD	B	0.06%	0.05%	0.05%
CHTR	C	0.09%	0.07%	0.07%
CI	D	0.4%	0.18%	0.18%
CINF	A	0.11%	0.05%	0.05%
CL	D	0.2%	0.15%	0.15%
CLX	C	0.09%	0.04%	0.04%
CMCSA	C	0.73%	0.33%	0.33%
CME	A	0.23%	0.16%	0.16%
CMI	A	0.22%	0.1%	0.1%
CMS	C	0.09%	0.04%	0.04%
CNC	F	0.14%	0.06%	0.06%
CNP	A	0.09%	0.04%	0.04%
COF	B	0.3%	0.13%	0.13%
COP	D	0.17%	0.26%	0.17%
COR	C	0.19%	0.08%	0.08%
COST	B	1.06%	0.81%	0.81%
CPB	D	0.04%	0.02%	0.02%
CSCO	A	1.0%	0.46%	0.46%
CSGP	C	0.08%	0.06%	0.06%
CSX	B	0.15%	0.13%	0.13%
CTAS	B	0.15%	0.15%	0.15%
CTRA	B	0.03%	0.04%	0.03%
CTSH	B	0.17%	0.08%	0.08%
CTVA	B	0.18%	0.08%	0.08%
CVS	D	0.31%	0.14%	0.14%
CVX	B	1.19%	0.54%	0.54%
D	C	0.21%	0.09%	0.09%
DAL	B	0.08%	0.08%	0.08%
DD	D	0.15%	0.06%	0.06%
DE	B	0.21%	0.2%	0.2%
DELL	C	0.08%	0.08%	0.08%
DFS	B	0.09%	0.08%	0.08%
DG	F	0.07%	0.03%	0.03%
DGX	B	0.08%	0.03%	0.03%
DHR	D	0.65%	0.3%	0.3%
DIS	B	0.9%	0.41%	0.41%
DLR	A	0.15%	0.12%	0.12%
DLTR	D	0.06%	0.02%	0.02%
DOC	C	0.07%	0.03%	0.03%
DOV	A	0.12%	0.05%	0.05%
DOW	F	0.14%	0.06%	0.06%
DRI	B	0.04%	0.04%	0.04%
DTE	C	0.11%	0.05%	0.05%
DUK	C	0.38%	0.17%	0.17%
DVN	F	0.1%	0.05%	0.05%
DXCM	C	0.05%	0.06%	0.05%
EA	C	0.1%	0.08%	0.08%
EBAY	C	0.13%	0.06%	0.06%
ECL	D	0.13%	0.12%	0.12%
ED	D	0.15%	0.07%	0.07%
EFX	D	0.08%	0.06%	0.06%
EG	C	0.07%	0.02%	0.02%
EIX	A	0.15%	0.06%	0.06%
EL	F	0.07%	0.03%	0.03%
ELV	F	0.4%	0.18%	0.18%
EMR	A	0.32%	0.14%	0.14%
ENPH	F	0.02%	0.02%	0.02%
EOG	C	0.11%	0.15%	0.11%
EQIX	A	0.2%	0.17%	0.17%
EQR	B	0.11%	0.05%	0.05%
EQT	B	0.12%	0.05%	0.05%
ERIE	D	0.02%	0.02%	0.02%
ES	D	0.1%	0.04%	0.04%
ESS	B	0.08%	0.04%	0.04%
ETN	A	0.24%	0.28%	0.24%
ETR	B	0.14%	0.06%	0.06%
EVRG	A	0.06%	0.03%	0.03%
EW	C	0.12%	0.08%	0.08%
EXC	D	0.17%	0.08%	0.08%
EXPD	C	0.05%	0.03%	0.03%
EXR	C	0.15%	0.07%	0.07%
F	C	0.18%	0.08%	0.08%
FAST	B	0.1%	0.09%	0.09%
FCX	F	0.14%	0.12%	0.12%
FDS	B	0.04%	0.04%	0.04%
FDX	B	0.29%	0.13%	0.13%
FE	D	0.09%	0.04%	0.04%
FI	A	0.26%	0.25%	0.25%
FIS	D	0.2%	0.09%	0.09%
FITB	B	0.14%	0.06%	0.06%
FOX	B	0.03%	0.01%	0.01%
FOXA	C	0.05%	0.02%	0.02%
FSLR	F	0.08%	0.04%	0.04%
GD	F	0.31%	0.12%	0.12%
GE	D	0.48%	0.38%	0.38%
GEHC	F	0.16%	0.07%	0.07%
GEV	C	0.23%	0.19%	0.19%
GILD	B	0.48%	0.22%	0.22%
GIS	D	0.15%	0.07%	0.07%
GLW	B	0.16%	0.07%	0.07%
GM	B	0.27%	0.12%	0.12%
GPC	D	0.07%	0.03%	0.03%
GPN	C	0.13%	0.06%	0.06%
GRMN	A	0.06%	0.06%	0.06%
GS	B	0.81%	0.36%	0.36%
GWW	A	0.06%	0.1%	0.06%
HAL	C	0.12%	0.05%	0.05%
HBAN	B	0.11%	0.05%	0.05%
HCA	F	0.14%	0.13%	0.13%
HD	A	1.11%	0.78%	0.78%
HIG	B	0.15%	0.07%	0.07%
HOLX	D	0.08%	0.04%	0.04%
HON	B	0.64%	0.29%	0.29%
HPE	B	0.12%	0.05%	0.05%
HPQ	B	0.16%	0.07%	0.07%
HRL	D	0.04%	0.02%	0.02%
HSY	F	0.07%	0.05%	0.05%
HUBB	B	0.06%	0.05%	0.05%
HUM	C	0.15%	0.07%	0.07%
HWM	B	0.09%	0.09%	0.09%
IBKR	B	0.04%	0.04%	0.04%
IBM	C	0.89%	0.39%	0.39%
ICE	D	0.39%	0.17%	0.17%
IDXX	F	0.07%	0.07%	0.07%
IEX	B	0.07%	0.03%	0.03%
IFF	D	0.1%	0.04%	0.04%
ILMN	C	0.09%	0.04%	0.04%
INCY	C	0.05%	0.03%	0.03%
INTC	C	0.45%	0.2%	0.2%
INVH	D	0.08%	0.04%	0.04%
IQV	F	0.09%	0.07%	0.07%
IR	A	0.04%	0.08%	0.04%
IRM	C	0.07%	0.07%	0.07%
ISRG	C	0.29%	0.38%	0.29%
ITW	A	0.17%	0.16%	0.16%
J	F	0.07%	0.03%	0.03%
JBHT	C	0.06%	0.03%	0.03%
JBL	C	0.03%	0.03%	0.03%
JCI	C	0.24%	0.11%	0.11%
JNJ	D	1.62%	0.73%	0.73%
JPM	B	3.01%	1.35%	1.35%
K	A	0.09%	0.04%	0.04%
KDP	D	0.16%	0.07%	0.07%
KEYS	B	0.13%	0.06%	0.06%
KHC	D	0.12%	0.05%	0.05%
KMB	C	0.2%	0.09%	0.09%
KMI	B	0.24%	0.11%	0.11%
KO	D	0.65%	0.48%	0.48%
KR	A	0.17%	0.08%	0.08%
KVUE	A	0.2%	0.09%	0.09%
L	B	0.07%	0.03%	0.03%
LDOS	D	0.1%	0.04%	0.04%
LEN	C	0.08%	0.0%	0.0%
LEN	C	0.08%	0.08%	0.08%
LH	B	0.09%	0.04%	0.04%
LHX	C	0.2%	0.09%	0.09%
LIN	D	0.45%	0.43%	0.43%
LMT	D	0.5%	0.25%	0.25%
LNT	A	0.07%	0.03%	0.03%
LOW	C	0.65%	0.3%	0.3%
LUV	B	0.08%	0.04%	0.04%
LVS	C	0.03%	0.04%	0.03%
LYB	F	0.09%	0.04%	0.04%
MA	B	0.51%	0.83%	0.51%
MAA	B	0.08%	0.04%	0.04%
MCD	D	0.5%	0.41%	0.41%
MCHP	F	0.06%	0.07%	0.06%
MCK	C	0.35%	0.16%	0.16%
MCO	A	0.17%	0.15%	0.15%
MDLZ	F	0.22%	0.17%	0.17%
MDT	D	0.47%	0.21%	0.21%
MET	A	0.22%	0.1%	0.1%
MGM	F	0.01%	0.02%	0.01%
MKC	D	0.09%	0.04%	0.04%
MLM	B	0.05%	0.07%	0.05%
MMC	A	0.23%	0.22%	0.22%
MMM	D	0.3%	0.14%	0.14%
MNST	B	0.07%	0.07%	0.07%
MO	A	0.41%	0.19%	0.19%
MOH	F	0.03%	0.03%	0.03%
MPC	F	0.1%	0.1%	0.1%
MRK	F	0.66%	0.49%	0.49%
MRNA	F	0.06%	0.02%	0.02%
MRO	B	0.03%	0.03%	0.03%
MS	B	0.73%	0.32%	0.32%
MSCI	C	0.09%	0.09%	0.09%
MSI	C	0.15%	0.16%	0.15%
MTB	B	0.16%	0.07%	0.07%
MTD	F	0.07%	0.05%	0.05%
MU	D	0.49%	0.21%	0.21%
NDAQ	A	0.14%	0.06%	0.06%
NDSN	B	0.06%	0.03%	0.03%
NEE	D	0.69%	0.31%	0.31%
NEM	F	0.21%	0.1%	0.1%
NKE	F	0.22%	0.18%	0.18%
NOC	D	0.3%	0.14%	0.14%
NSC	A	0.26%	0.11%	0.11%
NTAP	C	0.07%	0.05%	0.05%
NTRS	A	0.1%	0.04%	0.04%
NUE	D	0.06%	0.07%	0.06%
O	D	0.22%	0.1%	0.1%
OKE	C	0.11%	0.13%	0.11%
OMC	C	0.09%	0.04%	0.04%
ON	C	0.07%	0.06%	0.06%
ORLY	B	0.08%	0.14%	0.08%
OTIS	C	0.11%	0.08%	0.08%
OXY	F	0.15%	0.07%	0.07%
PAYX	B	0.12%	0.09%	0.09%
PCAR	B	0.07%	0.11%	0.07%
PCG	B	0.2%	0.09%	0.09%
PEG	A	0.2%	0.09%	0.09%
PEP	F	0.61%	0.43%	0.43%
PFE	D	0.62%	0.28%	0.28%
PFG	C	0.08%	0.04%	0.04%
PG	A	1.07%	0.79%	0.79%
PGR	A	0.33%	0.3%	0.3%
PH	A	0.09%	0.17%	0.09%
PLD	D	0.46%	0.21%	0.21%
PM	B	0.56%	0.4%	0.4%
PNC	A	0.35%	0.16%	0.16%
PPG	D	0.12%	0.06%	0.06%
PPL	B	0.11%	0.05%	0.05%
PRU	A	0.19%	0.09%	0.09%
PSA	C	0.13%	0.1%	0.1%
PSX	C	0.24%	0.11%	0.11%
PTC	A	0.04%	0.04%	0.04%
PWR	A	0.07%	0.09%	0.07%
PYPL	A	0.38%	0.17%	0.17%
QCOM	F	0.36%	0.34%	0.34%
REGN	F	0.14%	0.15%	0.14%
RF	B	0.11%	0.05%	0.05%
RJF	A	0.13%	0.06%	0.06%
RMD	C	0.16%	0.07%	0.07%
ROK	B	0.07%	0.06%	0.06%
ROL	B	0.03%	0.03%	0.03%
ROP	B	0.15%	0.11%	0.11%
RSG	A	0.08%	0.09%	0.08%
RTX	D	0.69%	0.31%	0.31%
RVTY	D	0.06%	0.03%	0.03%
SBAC	D	0.06%	0.05%	0.05%
SBUX	B	0.2%	0.22%	0.2%
SCHW	A	0.52%	0.24%	0.24%
SHW	A	0.19%	0.17%	0.17%
SLB	C	0.27%	0.12%	0.12%
SO	D	0.42%	0.19%	0.19%
SPG	C	0.15%	0.12%	0.12%
SPGI	C	0.4%	0.31%	0.31%
SRE	A	0.26%	0.12%	0.12%
STE	F	0.04%	0.04%	0.04%
STLD	B	0.03%	0.04%	0.03%
STT	A	0.12%	0.06%	0.06%
STX	D	0.05%	0.04%	0.04%
STZ	D	0.16%	0.07%	0.07%
SW	B	0.12%	0.06%	0.06%
SWK	D	0.06%	0.03%	0.03%
SWKS	F	0.06%	0.03%	0.03%
SYF	A	0.11%	0.05%	0.05%
SYK	C	0.21%	0.24%	0.21%
SYY	C	0.16%	0.07%	0.07%
T	A	0.71%	0.32%	0.32%
TDY	B	0.1%	0.04%	0.04%
TER	F	0.07%	0.03%	0.03%
TFC	B	0.27%	0.12%	0.12%
TGT	F	0.24%	0.11%	0.11%
TJX	A	0.2%	0.27%	0.2%
TKO	B	0.02%	0.02%	0.02%
TMO	F	0.53%	0.39%	0.39%
TMUS	A	0.5%	0.22%	0.22%
TPL	B	0.04%	0.07%	0.04%
TRMB	B	0.08%	0.03%	0.03%
TROW	A	0.11%	0.05%	0.05%
TRV	B	0.26%	0.12%	0.12%
TSCO	C	0.07%	0.06%	0.06%
TSN	B	0.08%	0.03%	0.03%
TT	B	0.13%	0.18%	0.13%
TTWO	B	0.07%	0.06%	0.06%
TXN	D	0.49%	0.35%	0.35%
UAL	B	0.13%	0.06%	0.06%
ULTA	F	0.02%	0.03%	0.02%
UNH	B	1.48%	1.09%	1.09%
UNP	C	0.35%	0.28%	0.28%
UPS	C	0.42%	0.19%	0.19%
USB	A	0.35%	0.15%	0.15%
V	A	0.76%	1.01%	0.76%
VICI	C	0.15%	0.06%	0.06%
VLO	C	0.2%	0.09%	0.09%
VLTO	C	0.11%	0.04%	0.04%
VMC	B	0.06%	0.07%	0.06%
VRSK	A	0.08%	0.08%	0.08%
VRSN	F	0.03%	0.03%	0.03%
VRTX	D	0.18%	0.23%	0.18%
VTR	D	0.12%	0.05%	0.05%
VTRS	B	0.07%	0.03%	0.03%
VZ	B	0.77%	0.35%	0.35%
WAB	B	0.15%	0.07%	0.07%
WAT	B	0.06%	0.05%	0.05%
WBD	C	0.1%	0.04%	0.04%
WDC	C	0.09%	0.04%	0.04%
WEC	A	0.14%	0.06%	0.06%
WELL	C	0.35%	0.16%	0.16%
WFC	A	1.1%	0.49%	0.49%
WM	A	0.19%	0.17%	0.17%
WMB	B	0.19%	0.14%	0.14%
WMG	C	0.0%	0.01%	0.0%
WMT	B	1.66%	0.75%	0.75%
WRB	A	0.08%	0.04%	0.04%
WTW	B	0.14%	0.06%	0.06%
WY	D	0.1%	0.04%	0.04%
XEL	A	0.17%	0.08%	0.08%
XOM	C	2.34%	1.05%	1.05%
XYL	D	0.13%	0.06%	0.06%
YUM	B	0.09%	0.07%	0.07%
ZBH	C	0.1%	0.04%	0.04%
ZBRA	A	0.09%	0.04%	0.04%
ZTS	D	0.16%	0.16%	0.16%

IUSV Overweight 355 Positions Relative to ONOF

Symbol	Grade	Weight
TEL	B	0.12%
NRG	C	0.09%
IP	B	0.09%
EXE	B	0.09%
PKG	B	0.09%
KEY	A	0.08%
RGA	A	0.07%
FNF	B	0.07%
TXT	D	0.07%
GEN	A	0.07%
COHR	C	0.07%
DOCU	A	0.07%
USFD	A	0.07%
KIM	A	0.07%
NI	A	0.07%
CHRW	C	0.06%
ALB	C	0.06%
CPT	B	0.06%
TPR	A	0.06%
UDR	B	0.06%
PFGC	A	0.06%
NXPI	D	0.06%
THC	D	0.06%
FFIV	A	0.06%
AFG	A	0.05%
CNH	A	0.05%
SNA	A	0.05%
WBS	B	0.05%
PNW	B	0.05%
TAP	C	0.05%
UNM	A	0.05%
ARMK	A	0.05%
GME	C	0.05%
FHN	B	0.05%
IPG	C	0.05%
CTLT	B	0.05%
TECH	C	0.05%
NWSA	B	0.05%
PODD	B	0.05%
JNPR	F	0.05%
COO	D	0.05%
RRX	A	0.05%
AIZ	B	0.05%
UHS	D	0.05%
SF	B	0.05%
AA	A	0.05%
REG	B	0.05%
EMN	D	0.05%
SJM	D	0.05%
JLL	B	0.05%
BJ	B	0.05%
JEF	A	0.05%
WPC	D	0.05%
JKHY	D	0.05%
KMX	B	0.05%
IVZ	B	0.04%
SNV	B	0.04%
ACM	A	0.04%
MTCH	F	0.04%
RPM	A	0.04%
HAS	D	0.04%
SSB	B	0.04%
EPAM	C	0.04%
MOS	F	0.04%
SFM	B	0.04%
FRT	A	0.04%
ZION	B	0.04%
GPK	C	0.04%
OGE	A	0.04%
MTZ	B	0.04%
SNX	C	0.04%
WTFC	B	0.04%
UTHR	C	0.04%
TFX	F	0.04%
ORI	A	0.04%
X	C	0.04%
KNX	B	0.04%
HSIC	B	0.04%
WCC	B	0.04%
DPZ	C	0.04%
XPO	B	0.04%
AES	F	0.04%
AAL	B	0.04%
FLR	B	0.04%
GMED	A	0.04%
AR	B	0.04%
SOLV	C	0.04%
GL	C	0.04%
NLY	B	0.04%
MKTX	D	0.04%
LKQ	D	0.04%
CRL	C	0.04%
ALLY	C	0.04%
LAD	B	0.04%
NFG	B	0.03%
CG	B	0.03%
THO	B	0.03%
CIEN	B	0.03%
HOMB	B	0.03%
WBA	D	0.03%
KRG	B	0.03%
THG	C	0.03%
LITE	B	0.03%
INGR	B	0.03%
AGCO	D	0.03%
POOL	C	0.03%
WHR	B	0.03%
ESNT	D	0.03%
SCI	A	0.03%
RNR	C	0.03%
OHI	D	0.03%
FNB	B	0.03%
BIO	D	0.03%
ARW	D	0.03%
STWD	C	0.03%
PAYC	A	0.03%
QRVO	F	0.03%
HR	B	0.03%
DAR	C	0.03%
GBCI	B	0.03%
COLB	B	0.03%
NOV	C	0.03%
PARA	C	0.03%
CACI	D	0.03%
BEN	C	0.03%
DINO	F	0.03%
VNO	B	0.03%
EWBC	B	0.03%
ONB	B	0.03%
BURL	B	0.03%
FAF	B	0.03%
VMI	A	0.03%
CMC	B	0.03%
OSK	B	0.03%
R	B	0.03%
TMHC	A	0.03%
MHK	D	0.03%
FMC	D	0.03%
G	B	0.03%
ALLE	D	0.03%
BWA	C	0.03%
KD	B	0.03%
HII	F	0.03%
FYBR	D	0.03%
ADC	B	0.03%
MAS	C	0.03%
GLPI	B	0.03%
PB	B	0.03%
BERY	B	0.03%
PII	F	0.02%
FR	C	0.02%
MAT	D	0.02%
NVST	C	0.02%
PRGO	C	0.02%
NWS	B	0.02%
ALE	A	0.02%
RL	B	0.02%
CNM	D	0.02%
MIDD	B	0.02%
GATX	A	0.02%
LW	C	0.02%
CGNX	C	0.02%
ASH	F	0.02%
ASGN	D	0.02%
XRAY	F	0.02%
DTM	B	0.02%
HOG	F	0.02%
DCI	A	0.02%
MKSI	C	0.02%
IDA	B	0.02%
SEIC	A	0.02%
TCBI	B	0.02%
MTG	B	0.02%
CNO	A	0.02%
KRC	C	0.02%
SR	A	0.02%
SAIC	F	0.02%
ORA	B	0.02%
M	D	0.02%
FLS	A	0.02%
ASB	B	0.02%
KBR	F	0.02%
GNRC	B	0.02%
KEX	B	0.02%
TXNM	A	0.02%
SBRA	B	0.02%
KMPR	B	0.02%
SLGN	A	0.02%
FLO	C	0.02%
AN	B	0.02%
TTC	D	0.02%
OGS	A	0.02%
BKH	B	0.02%
JAZZ	B	0.02%
ATR	B	0.02%
HQY	B	0.02%
AVNT	B	0.02%
ST	F	0.02%
RGLD	D	0.02%
SWX	B	0.02%
BRBR	B	0.02%
ELS	C	0.02%
LAMR	C	0.02%
CUZ	B	0.02%
AVT	C	0.02%
AMH	C	0.02%
IRT	B	0.02%
VLY	B	0.02%
AYI	B	0.02%
CUBE	D	0.02%
SON	D	0.02%
WAL	B	0.02%
CW	B	0.02%
GAP	C	0.02%
VOYA	B	0.02%
CBSH	B	0.02%
POR	C	0.02%
BRX	A	0.02%
BDC	B	0.02%
HST	C	0.02%
NJR	A	0.02%
NNN	D	0.02%
WTRG	B	0.02%
NXST	C	0.02%
CFR	B	0.02%
POST	B	0.02%
UGI	A	0.02%
UBSI	B	0.02%
EHC	B	0.02%
PNR	B	0.02%
PNFP	B	0.02%
LEA	F	0.02%
DKS	C	0.02%
AMG	B	0.02%
REXR	F	0.02%
UMBF	B	0.02%
PVH	C	0.02%
JHG	A	0.02%
FBIN	D	0.02%
CLF	F	0.02%
DAY	A	0.02%
CCK	D	0.02%
TNL	A	0.01%
CPRI	F	0.01%
IPGP	D	0.01%
YETI	C	0.01%
MMS	F	0.01%
EPR	D	0.01%
PSN	D	0.01%
NSP	F	0.01%
VC	D	0.01%
BLKB	B	0.01%
WEN	D	0.01%
COLM	A	0.01%
SAM	C	0.01%
TEX	D	0.01%
KNF	B	0.01%
AMED	F	0.01%
HAE	B	0.01%
SYNA	C	0.01%
UAA	C	0.01%
NSA	C	0.01%
LIVN	F	0.01%
GEF	B	0.01%
IRDM	C	0.01%
VSH	F	0.01%
POWI	D	0.01%
MSM	C	0.01%
OPCH	F	0.01%
LFUS	D	0.01%
CHH	A	0.01%
CNXC	F	0.01%
CADE	B	0.01%
LANC	C	0.01%
CRI	F	0.01%
ROIV	B	0.01%
CBT	C	0.01%
VNOM	B	0.01%
CHX	C	0.01%
LSTR	B	0.01%
DLB	B	0.01%
EQH	B	0.01%
SRPT	F	0.01%
PPC	C	0.01%
ZI	C	0.01%
EEFT	B	0.01%
ALGM	D	0.01%
CDP	C	0.01%
SMG	C	0.01%
JWN	A	0.01%
BC	C	0.01%
ENS	D	0.01%
IBOC	B	0.01%
AM	B	0.01%
ALTM	C	0.01%
EXPO	D	0.01%
MTN	C	0.01%
CRUS	F	0.01%
HWC	B	0.01%
NOVT	D	0.01%
GNTX	C	0.01%
BRKR	F	0.01%
RYN	C	0.01%
HXL	D	0.01%
LPX	B	0.01%
ENOV	C	0.01%
OZK	B	0.01%
RLI	A	0.01%
GXO	B	0.01%
GT	C	0.01%
SIGI	B	0.01%
WU	D	0.01%
WH	A	0.01%
MUR	F	0.01%
KBH	C	0.01%
NEOG	C	0.01%
MASI	A	0.01%
CHWY	C	0.01%
MTSI	B	0.01%
ALV	C	0.01%
MAN	D	0.01%
RH	B	0.01%
TKR	D	0.01%
DOCS	C	0.01%
CXT	B	0.01%
AMKR	F	0.01%
PCH	C	0.01%
OLN	F	0.01%
CYTK	F	0.01%
VAC	B	0.01%
CC	C	0.01%
AMTM	D	0.01%
PAG	B	0.01%
CVLT	B	0.01%
GHC	B	0.01%
EGP	D	0.01%
FFIN	B	0.01%
PBF	D	0.01%
EXLS	A	0.01%
FLG	C	0.01%
AZPN	A	0.01%
SLM	B	0.01%
BHF	B	0.01%
STAG	D	0.01%
EVR	B	0.01%
AOS	D	0.01%
CHE	D	0.01%
CZR	D	0.01%
FHI	A	0.01%
DVA	B	0.01%
NWE	A	0.01%
MAGN	F	0.0%
AZTA	D	0.0%
UA	C	0.0%
HGV	B	0.0%

IUSV Underweight 127 Positions Relative to ONOF

Symbol	Grade	Weight
NVDA	C	-6.78%
AAPL	B	-6.69%
MSFT	D	-6.01%
AMZN	C	-3.75%
META	D	-2.43%
GOOGL	C	-2.03%
TSLA	B	-1.88%
GOOG	C	-1.82%
AVGO	D	-1.47%
LLY	F	-1.26%
NFLX	B	-0.73%
ORCL	C	-0.61%
CRM	B	-0.6%
ADBE	C	-0.44%
AMD	F	-0.43%
NOW	B	-0.42%
INTU	C	-0.35%
BKNG	B	-0.33%
UBER	D	-0.28%
AMAT	F	-0.28%
PANW	C	-0.25%
PLTR	B	-0.24%
KKR	B	-0.2%
MELI	C	-0.19%
ANET	C	-0.18%
LRCX	F	-0.18%
MSTR	C	-0.17%
CRWD	B	-0.16%
CMG	B	-0.16%
CDNS	B	-0.16%
SNPS	B	-0.16%
KLAC	F	-0.16%
TDG	D	-0.15%
MRVL	B	-0.15%
APP	B	-0.14%
APO	A	-0.13%
SPOT	B	-0.13%
MAR	A	-0.13%
HLT	A	-0.12%
COIN	B	-0.12%
URI	B	-0.11%
TTD	B	-0.11%
DASH	A	-0.11%
VST	B	-0.11%
WDAY	C	-0.11%
FTNT	C	-0.11%
FICO	B	-0.11%
DHI	D	-0.1%
SQ	B	-0.1%
VRT	B	-0.1%
LNG	B	-0.1%
RCL	B	-0.1%
AXON	B	-0.09%
TRGP	B	-0.09%
ROST	C	-0.09%
FLUT	A	-0.09%
CPRT	A	-0.09%
IT	C	-0.08%
TEAM	B	-0.08%
SNOW	C	-0.08%
HES	C	-0.08%
DDOG	A	-0.08%
ODFL	B	-0.08%
HUBS	B	-0.07%
LULU	C	-0.07%
ACGL	D	-0.07%
NET	B	-0.06%
DECK	A	-0.06%
ALNY	D	-0.06%
FANG	F	-0.06%
VEEV	B	-0.06%
ARES	B	-0.06%
LPLA	B	-0.05%
EME	B	-0.05%
MKL	A	-0.05%
RBLX	C	-0.05%
GDDY	B	-0.05%
CPNG	D	-0.05%
FTV	B	-0.05%
FCNCA	B	-0.05%
PHM	C	-0.05%
CVNA	B	-0.05%
NVR	D	-0.05%
TYL	A	-0.05%
CPAY	A	-0.05%
MPWR	F	-0.05%
ZS	C	-0.04%
BAH	F	-0.04%
WSO	A	-0.04%
TRU	D	-0.04%
LYV	A	-0.04%
MDB	C	-0.04%
LII	A	-0.04%
DKNG	C	-0.04%
ZM	B	-0.04%
CSL	B	-0.04%
BLDR	C	-0.04%
WSM	B	-0.04%
WST	C	-0.04%
EXPE	B	-0.04%
SMCI	D	-0.03%
ENTG	D	-0.03%
PSTG	D	-0.03%
TW	B	-0.03%
SUI	D	-0.03%
HEI	B	-0.03%
SSNC	A	-0.03%
PINS	F	-0.03%
HOOD	B	-0.03%
RS	B	-0.03%
CE	F	-0.02%
SCCO	F	-0.02%
DOX	D	-0.02%
RPRX	D	-0.02%
IOT	B	-0.02%
SNAP	C	-0.02%
HEI	B	-0.02%
OWL	B	-0.02%
OKTA	C	-0.02%
GFS	C	-0.01%
WLK	D	-0.01%
EDR	A	-0.01%
TPG	B	-0.01%
BSY	D	-0.01%
SIRI	C	-0.0%
RKT	F	-0.0%
AGR	B	-0.0%