MGMT vs. ONEQ ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Fidelity Nasdaq Composite Index Tracking Stock (ONEQ)
MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$43.78

Average Daily Volume

12,246

Number of Holdings *

44

* may have additional holdings in another (foreign) market
ONEQ

Fidelity Nasdaq Composite Index Tracking Stock

ONEQ Description ONEQ tracks only Nasdaq-listed companies and ignores those trading on the NYSE or other exchanges. The funds underlying index comprises all domestic and international companies listed in Nasdaq. ONEQs portfolio may favor technology firms, which in the past have dominated the Nasdaq market. This is at the expense of energy, industrials, financials and other industries. Its heavy weightings to large-cap firms may increase single-stock blowup risk. Much like the market it aims to track, ONEQ is essentially a growth play, carrying elevated P/E and P/B ratios and paying smaller dividends. This exposure has translated to higher market risk. ONEQ uses a sampling strategy to track its index, which is reconstituted and rebalanced daily.

Grade (RS Rating)

Last Trade

$74.95

Average Daily Volume

238,552

Number of Holdings *

830

* may have additional holdings in another (foreign) market
Performance
Period MGMT ONEQ
30 Days 15.23% 4.10%
60 Days 14.37% 5.77%
90 Days 16.31% 6.51%
12 Months 27.93% 33.93%
8 Overlapping Holdings
Symbol Grade Weight in MGMT Weight in ONEQ Overlap
CVCO A 3.53% 0.02% 0.02%
DOX D 0.87% 0.03% 0.03%
EXTR B 0.97% 0.01% 0.01%
GSM D 1.34% 0.01% 0.01%
IMKTA C 1.01% 0.01% 0.01%
LSTR D 2.03% 0.02% 0.02%
PATK D 2.01% 0.01% 0.01%
UFPT B 0.85% 0.01% 0.01%
MGMT Overweight 36 Positions Relative to ONEQ
Symbol Grade Weight
NRP B 5.16%
AGM C 3.51%
PHIN A 3.42%
IGIC B 3.26%
TPB B 2.93%
CEIX A 2.92%
EXP A 2.89%
AZZ B 2.75%
MTG C 2.68%
CBNK B 2.61%
BELFB C 2.46%
GEO B 2.34%
CASS B 2.3%
IMXI B 2.09%
TDC D 1.99%
LII A 1.94%
BLCO D 1.93%
ECVT C 1.83%
G B 1.55%
EPR D 1.52%
BCO D 1.5%
BWA D 1.44%
RCMT C 1.38%
CMPO A 1.37%
KOS F 1.29%
KN B 1.26%
TRIP F 1.12%
EPSN B 1.11%
IPGP D 1.1%
BIOX F 1.05%
IRMD C 0.98%
GPRE F 0.94%
CRMT C 0.94%
NTIC C 0.92%
TKR D 0.87%
RMNI C 0.35%
MGMT Underweight 822 Positions Relative to ONEQ
Symbol Grade Weight
NVDA C -11.52%
AAPL C -11.32%
MSFT F -10.23%
AMZN C -7.05%
META D -4.0%
TSLA B -3.4%
GOOGL C -3.35%
GOOG C -3.22%
AVGO D -2.53%
COST B -1.33%
NFLX A -1.17%
TMUS B -0.89%
CSCO B -0.76%
ADBE C -0.74%
AMD F -0.72%
PEP F -0.7%
LIN D -0.69%
INTU C -0.63%
ISRG A -0.61%
QCOM F -0.59%
TXN C -0.59%
BKNG A -0.54%
CMCSA B -0.54%
AMGN D -0.5%
HON B -0.49%
AMAT F -0.46%
PANW C -0.41%
ADP B -0.4%
VRTX F -0.39%
SBUX A -0.37%
GILD C -0.36%
INTC D -0.35%
MU D -0.35%
ADI D -0.34%
MELI D -0.32%
LRCX F -0.3%
PYPL B -0.29%
EQIX A -0.28%
APP B -0.28%
MDLZ F -0.28%
CTAS B -0.27%
REGN F -0.27%
KLAC D -0.27%
CME A -0.27%
CRWD B -0.26%
CDNS B -0.26%
SNPS B -0.26%
MRVL B -0.25%
MAR B -0.25%
PDD F -0.25%
FTNT C -0.24%
CEG D -0.23%
ORLY B -0.23%
DASH A -0.22%
ASML F -0.21%
COIN C -0.21%
ADSK A -0.21%
CSX B -0.21%
MSTR C -0.2%
CHTR C -0.19%
ABNB C -0.19%
ROP B -0.19%
PCAR B -0.19%
CPRT A -0.18%
NXPI D -0.18%
WDAY B -0.18%
PAYX C -0.17%
FANG D -0.17%
MNST C -0.17%
TTD B -0.17%
FAST B -0.16%
AEP D -0.16%
NDAQ A -0.15%
ROST C -0.15%
ODFL B -0.15%
EA A -0.14%
KDP D -0.14%
BKR B -0.14%
AXON A -0.14%
CTSH B -0.13%
EXC C -0.13%
DDOG A -0.13%
TEAM A -0.13%
VRSK A -0.13%
ACGL D -0.13%
XEL A -0.13%
AZN D -0.12%
GEHC F -0.12%
KHC F -0.12%
LULU C -0.12%
WTW B -0.11%
MCHP D -0.11%
CCEP C -0.11%
IDXX F -0.11%
UAL A -0.1%
ON D -0.1%
ZS C -0.1%
TSCO D -0.1%
FCNCA A -0.1%
CSGP D -0.1%
DXCM D -0.1%
EBAY D -0.1%
ALNY D -0.1%
TTWO A -0.1%
MPWR F -0.09%
ANSS B -0.09%
FITB A -0.09%
GFS C -0.08%
CDW F -0.08%
WBD C -0.08%
TCOM B -0.08%
NTAP C -0.08%
SBAC D -0.08%
BIIB F -0.08%
HBAN A -0.08%
LPLA A -0.08%
TROW B -0.08%
HOOD B -0.08%
ERIE D -0.07%
ZBRA B -0.07%
FSLR F -0.07%
IBKR A -0.07%
STX D -0.07%
ZM B -0.07%
WDC D -0.07%
MDB C -0.07%
NTRS A -0.07%
STLD B -0.07%
PTC A -0.07%
EXPE B -0.07%
CINF A -0.07%
ILMN D -0.07%
HOLX D -0.06%
SSNC B -0.06%
VRSN F -0.06%
TRMB B -0.06%
ALGN D -0.06%
NTNX A -0.06%
JD D -0.06%
GEN B -0.06%
MANH D -0.06%
JBHT C -0.06%
NTRA B -0.06%
CG A -0.06%
TER D -0.06%
ARGX A -0.06%
GRAB B -0.06%
PODD C -0.06%
DKNG B -0.06%
CHKP D -0.06%
PFG D -0.06%
NDSN B -0.05%
BSY D -0.05%
SAIA B -0.05%
EWBC A -0.05%
MRNA F -0.05%
ENTG D -0.05%
INCY C -0.05%
SNY F -0.05%
SFM A -0.05%
CASY A -0.05%
LNT A -0.05%
DOCU A -0.05%
VTRS A -0.05%
MORN B -0.05%
AFRM B -0.05%
FLEX A -0.05%
ICLR D -0.05%
SOFI A -0.05%
UTHR C -0.05%
TW A -0.05%
ARM D -0.05%
ULTA F -0.05%
MKTX D -0.04%
EXEL B -0.04%
RIVN F -0.04%
SMCI F -0.04%
LECO B -0.04%
SEIC B -0.04%
TECH D -0.04%
HST C -0.04%
NWSA B -0.04%
NTES D -0.04%
DUOL A -0.04%
RPRX D -0.04%
AAON B -0.04%
TTEK F -0.04%
JKHY D -0.04%
PAA B -0.04%
PCTY B -0.04%
LBRDK C -0.04%
NBIX C -0.04%
GLPI C -0.04%
TXRH C -0.04%
RKLB B -0.04%
CHRW C -0.04%
BMRN D -0.04%
BIDU F -0.04%
LOGI D -0.04%
OKTA C -0.04%
FFIV B -0.04%
SWKS F -0.04%
MNDY C -0.04%
Z A -0.04%
CPB D -0.04%
SMMT D -0.04%
CYBR B -0.04%
AKAM D -0.04%
PPC C -0.04%
REG B -0.04%
POOL C -0.04%
EVRG A -0.04%
DLTR F -0.04%
BRKR D -0.03%
CZR F -0.03%
CVLT B -0.03%
BOKF B -0.03%
SAIC F -0.03%
HSIC B -0.03%
CSWI A -0.03%
ZION B -0.03%
COLB A -0.03%
CHRD D -0.03%
LNW D -0.03%
GLBE B -0.03%
PNFP B -0.03%
APA D -0.03%
GTLB B -0.03%
OTEX D -0.03%
FRHC B -0.03%
ENPH F -0.03%
PEGA A -0.03%
ROIV C -0.03%
MTCH D -0.03%
SIRI C -0.03%
HLNE B -0.03%
NICE C -0.03%
ROKU D -0.03%
FOX A -0.03%
AAL B -0.03%
HQY B -0.03%
PARA C -0.03%
MASI A -0.03%
ITCI C -0.03%
HAS D -0.03%
WYNN D -0.03%
MEDP D -0.03%
FYBR D -0.03%
LKQ D -0.03%
WING D -0.03%
CHDN B -0.03%
BGNE D -0.03%
EXAS D -0.03%
RVMD C -0.03%
FUTU D -0.03%
PCVX D -0.03%
INSM C -0.03%
MTSI B -0.03%
WWD B -0.03%
LAMR D -0.03%
FOXA B -0.03%
BNTX D -0.03%
COKE C -0.03%
CBSH A -0.03%
RGLD C -0.03%
SRPT D -0.03%
WIX B -0.03%
WTFC A -0.03%
ARLP A -0.02%
CLBT B -0.02%
SFNC B -0.02%
VERX B -0.02%
GSHD A -0.02%
OZK B -0.02%
VIRT B -0.02%
WDFC B -0.02%
VRRM D -0.02%
WBA F -0.02%
TBBK B -0.02%
GH B -0.02%
TGTX B -0.02%
FTDR A -0.02%
WSFS A -0.02%
AUR C -0.02%
CCOI B -0.02%
GLNG C -0.02%
QFIN B -0.02%
MGEE C -0.02%
FRSH C -0.02%
ALGM D -0.02%
IPAR B -0.02%
SKYW B -0.02%
PI D -0.02%
CATY B -0.02%
BLKB B -0.02%
APPF B -0.02%
AEIS B -0.02%
KRYS B -0.02%
KTOS B -0.02%
DORM B -0.02%
NWS B -0.02%
LOPE B -0.02%
LI F -0.02%
ALKT B -0.02%
CHCI D -0.02%
NWL B -0.02%
COLM B -0.02%
BBIO F -0.02%
ACLX C -0.02%
CRNX C -0.02%
VICR B -0.02%
BANF B -0.02%
LANC C -0.02%
RUSHA C -0.02%
LNTH D -0.02%
ICUI D -0.02%
TFSL A -0.02%
FIVE F -0.02%
SBRA C -0.02%
AXSM B -0.02%
SHC F -0.02%
FIZZ C -0.02%
CACC D -0.02%
BPMC C -0.02%
BGC C -0.02%
CALM A -0.02%
PAYO A -0.02%
TCBI B -0.02%
ALKS B -0.02%
IEP F -0.02%
WMG C -0.02%
CRUS D -0.02%
VCTR B -0.02%
ROAD A -0.02%
PECO A -0.02%
SANM B -0.02%
DJT C -0.02%
EEFT B -0.02%
PLXS B -0.02%
IBOC A -0.02%
INTA A -0.02%
TIGO D -0.02%
NUVL D -0.02%
USLM A -0.02%
IONS F -0.02%
VKTX F -0.02%
NCNO B -0.02%
PRCT B -0.02%
ITRI B -0.02%
QLYS C -0.02%
CROX D -0.02%
EXPO D -0.02%
HALO F -0.02%
ONB B -0.02%
BECN B -0.02%
STEP B -0.02%
FELE B -0.02%
CYTK F -0.02%
RMBS C -0.02%
VRNS D -0.02%
COOP B -0.02%
TENB C -0.02%
VLY B -0.02%
BPOP B -0.02%
SITM B -0.02%
CHX C -0.02%
AGNC D -0.02%
LCID F -0.02%
DBX B -0.02%
HWC B -0.02%
ALTR B -0.02%
GNTX C -0.02%
SLM A -0.02%
AMKR D -0.02%
CELH F -0.02%
ETSY D -0.02%
CWST A -0.02%
NXST C -0.02%
REYN D -0.02%
MMSI B -0.02%
HTHT D -0.02%
WFRD D -0.02%
MARA C -0.02%
ACT D -0.02%
AVAV D -0.02%
RDNT B -0.02%
UBSI B -0.02%
QXO D -0.02%
LFUS F -0.02%
WSC D -0.02%
LITE B -0.02%
OLLI D -0.02%
UPST B -0.02%
STRL B -0.02%
ACIW B -0.02%
CGNX C -0.02%
RCM F -0.02%
BCPC B -0.02%
MDGL B -0.02%
CORT B -0.02%
SIGI C -0.02%
QRVO F -0.02%
IESC B -0.02%
UMBF B -0.02%
CFLT B -0.02%
RGEN D -0.02%
EXLS B -0.02%
NOVT D -0.02%
ENSG D -0.02%
XP F -0.02%
CRVL A -0.02%
UFPI B -0.02%
MAT D -0.02%
MMYT B -0.02%
CRDO B -0.02%
TPG A -0.02%
MIDD C -0.02%
FRPT B -0.02%
OLED D -0.02%
LYFT C -0.02%
SPSC C -0.02%
LSCC D -0.02%
JAZZ B -0.02%
ASND D -0.02%
FFIN B -0.02%
MKSI C -0.02%
COLL F -0.01%
SRAD A -0.01%
BFST C -0.01%
AMWD C -0.01%
KRUS B -0.01%
ODP F -0.01%
WOOF D -0.01%
BLMN F -0.01%
PGNY F -0.01%
LQDA D -0.01%
PSNY F -0.01%
GRFS C -0.01%
JACK D -0.01%
IQ F -0.01%
CNTA B -0.01%
BCYC F -0.01%
BLBD D -0.01%
CNSL C -0.01%
SAVA D -0.01%
MOMO D -0.01%
EBTC B -0.01%
EMBC C -0.01%
GDEN B -0.01%
GIII D -0.01%
BVS D -0.01%
LILAK D -0.01%
TRS B -0.01%
COGT D -0.01%
MATW C -0.01%
EYE C -0.01%
BCBP A -0.01%
CLOV D -0.01%
MYGN F -0.01%
RCKT F -0.01%
SDGR C -0.01%
BMBL C -0.01%
TRNS D -0.01%
MGPI F -0.01%
ARDX F -0.01%
PYCR C -0.01%
AMRK F -0.01%
PLUG F -0.01%
ICHR C -0.01%
TTGT C -0.01%
TRDA B -0.01%
STAA F -0.01%
ASTL B -0.01%
KC A -0.01%
VRNT C -0.01%
HROW D -0.01%
NSSC D -0.01%
VITL D -0.01%
SPRY D -0.01%
AOSL C -0.01%
THRM D -0.01%
IRON B -0.01%
TLRY F -0.01%
PLAY D -0.01%
SCVL F -0.01%
OPK C -0.01%
CBRL C -0.01%
NVEE F -0.01%
AMED F -0.01%
ISTR B -0.01%
COHU C -0.01%
TH C -0.01%
IMCR D -0.01%
PLYA B -0.01%
FFIC B -0.01%
VIR D -0.01%
AVAH B -0.01%
WASH C -0.01%
GLUE C -0.01%
PDFS C -0.01%
OLPX D -0.01%
HTLD B -0.01%
IBUY A -0.01%
KURA F -0.01%
CLDX F -0.01%
ANIP F -0.01%
CEVA B -0.01%
VECO F -0.01%
FWRD D -0.01%
MLCO F -0.01%
HAFC A -0.01%
RNW D -0.01%
AVO C -0.01%
SPT C -0.01%
CMCO B -0.01%
KALU C -0.01%
FWRG C -0.01%
TXG F -0.01%
CNDT C -0.01%
VRDN D -0.01%
BCRX D -0.01%
BASE C -0.01%
FLYW C -0.01%
DOOO F -0.01%
PFC A -0.01%
SOUN C -0.01%
DAWN F -0.01%
UCTT D -0.01%
TNDM F -0.01%
SNDX F -0.01%
MRTN C -0.01%
SIMO D -0.01%
UDMY F -0.01%
WB D -0.01%
SABR C -0.01%
AHCO F -0.01%
HLIT D -0.01%
LBRDA C -0.01%
SPNS F -0.01%
INMD C -0.01%
PLAB C -0.01%
KRNT C -0.01%
RDWR B -0.01%
TVTX B -0.01%
DLO C -0.01%
XRX F -0.01%
SCSC B -0.01%
FTRE D -0.01%
NAVI C -0.01%
INFN C -0.01%
INVA D -0.01%
UNIT B -0.01%
PDCO D -0.01%
ECPG B -0.01%
HBNC B -0.01%
CRAI B -0.01%
CENTA C -0.01%
ARVN D -0.01%
MBUU C -0.01%
QNST B -0.01%
WABC B -0.01%
SAFT C -0.01%
ANDE D -0.01%
ACLS F -0.01%
IAS C -0.01%
MCRI A -0.01%
ATEX D -0.01%
WINA B -0.01%
ENVX F -0.01%
HAIN C -0.01%
IREN C -0.01%
PCT C -0.01%
TWST D -0.01%
NVCR C -0.01%
RXST F -0.01%
CRTO C -0.01%
NEO C -0.01%
AMSF B -0.01%
FA C -0.01%
PEBO A -0.01%
MSEX B -0.01%
PFBC B -0.01%
TCBK B -0.01%
ULH B -0.01%
NEXT B -0.01%
AKRO B -0.01%
AZTA D -0.01%
GDYN B -0.01%
UPBD B -0.01%
PAGP A -0.01%
AXNX C -0.01%
AUPH B -0.01%
CNXN C -0.01%
SBLK F -0.01%
DGII B -0.01%
CSGS B -0.01%
HRMY D -0.01%
MNKD C -0.01%
HTZ C -0.01%
OCFC B -0.01%
MQ F -0.01%
ERII D -0.01%
RUN F -0.01%
CHEF A -0.01%
LBPH A -0.01%
APOG B -0.01%
VC D -0.01%
MLKN D -0.01%
PTGX C -0.01%
AY B -0.01%
ATSG B -0.01%
DVAX C -0.01%
TARS B -0.01%
BUSE B -0.01%
DNUT D -0.01%
TMDX F -0.01%
VSEC C -0.01%
RRR D -0.01%
IDYA F -0.01%
TRMD F -0.01%
GTX D -0.01%
BEAM D -0.01%
GABC B -0.01%
LKFN B -0.01%
ZLAB C -0.01%
INBK B -0.01%
JANX C -0.01%
HPK B -0.01%
RIOT C -0.01%
LGIH D -0.01%
ULCC D -0.01%
GERN D -0.01%
KYMR D -0.01%
DYN F -0.01%
IOVA F -0.01%
CMPR D -0.01%
ASTH D -0.01%
DIOD D -0.01%
VMEO B -0.01%
MBIN D -0.01%
VERA B -0.01%
APPN B -0.01%
ATAT C -0.01%
NWBI B -0.01%
ROIC A -0.01%
JAMF F -0.01%
ADUS D -0.01%
BILI D -0.01%
STRA C -0.01%
CAKE C -0.01%
EVCM B -0.01%
HOPE B -0.01%
SUPN C -0.01%
STBA B -0.01%
CPRX C -0.01%
XNCR B -0.01%
CNXC F -0.01%
NTCT C -0.01%
PTVE B -0.01%
GDS C -0.01%
YY C -0.01%
PLUS F -0.01%
PRDO B -0.01%
ROCK C -0.01%
RPD C -0.01%
WERN C -0.01%
IRTC D -0.01%
VBTX B -0.01%
SASR B -0.01%
CHCO B -0.01%
XPEL C -0.01%
LAUR A -0.01%
DCOM A -0.01%
LGND B -0.01%
NMRK B -0.01%
CGON F -0.01%
ALHC C -0.01%
PRVA B -0.01%
ARWR F -0.01%
WSBC A -0.01%
NNBR C -0.01%
CAR C -0.01%
ARCB C -0.01%
CLBK B -0.01%
SYBT B -0.01%
AMRX C -0.01%
OSW A -0.01%
SBCF A -0.01%
PINC B -0.01%
FLNC C -0.01%
TTMI B -0.01%
AMPH D -0.01%
FRME B -0.01%
VRNA B -0.01%
WEN D -0.01%
WULF C -0.01%
CASH A -0.01%
MGNI A -0.01%
KROS D -0.01%
PSMT C -0.01%
GOGL F -0.01%
CIFR B -0.01%
IDCC A -0.01%
HURN B -0.01%
CLSK C -0.01%
VCYT B -0.01%
OPCH D -0.01%
TRUP B -0.01%
FORM D -0.01%
FIVN C -0.01%
STNE F -0.01%
EFSC B -0.01%
FBNC A -0.01%
XRAY F -0.01%
HEES B -0.01%
KLIC B -0.01%
SKWD A -0.01%
LIVN F -0.01%
TRMK B -0.01%
GT C -0.01%
NWE B -0.01%
LMAT A -0.01%
ICFI F -0.01%
MYRG B -0.01%
ALRM C -0.01%
VIAV B -0.01%
FFBC A -0.01%
APLS D -0.01%
MRUS F -0.01%
SMTC B -0.01%
TFIN A -0.01%
CENX B -0.01%
PLTK B -0.01%
MIRM B -0.01%
OSIS B -0.01%
HCP B -0.01%
GGAL C -0.01%
ASTE B -0.01%
FROG C -0.01%
JBLU F -0.01%
EWTX C -0.01%
SWTX C -0.01%
EXPI C -0.01%
NBTB B -0.01%
BRZE C -0.01%
SYNA C -0.01%
SHOO D -0.01%
VCEL B -0.01%
ERIC B -0.01%
MRCY B -0.01%
SGRY F -0.01%
BANR B -0.01%
OMCL C -0.01%
SRRK B -0.01%
MGRC B -0.01%
NPAB B -0.01%
PPBI B -0.01%
ACAD D -0.01%
ACHC F -0.01%
ATRC C -0.01%
INDB B -0.01%
IOSP B -0.01%
NARI C -0.01%
FOLD F -0.01%
SATS D -0.01%
PLMR B -0.01%
RBCAA B -0.01%
ZD C -0.01%
NEOG F -0.01%
PRGS A -0.01%
ZG A -0.01%
HWKN B -0.01%
TOWN B -0.01%
BL B -0.01%
LEGN F -0.01%
RNA D -0.01%
AVT C -0.01%
SLAB D -0.01%
ESGR B -0.01%
VOD F -0.01%
POWI D -0.01%
CARG C -0.01%
OTTR C -0.01%
WVE C -0.01%
IAC D -0.01%
IRDM D -0.01%
FULT A -0.01%
XENE D -0.01%
JJSF B -0.01%
PTCT B -0.01%
IBTX B -0.01%
URBN C -0.01%
NMIH D -0.01%
PENN C -0.01%
BZ F -0.01%
DRVN B -0.01%
AMBA B -0.01%
LFST C -0.01%
HUBG A -0.01%
ACVA B -0.01%
ADMA B -0.01%
RYTM C -0.01%
CVBF A -0.01%
EBC B -0.01%
DNLI D -0.01%
AGIO C -0.01%
RARE D -0.01%
HTLF B -0.01%
PCH D -0.01%
BHF B -0.01%
FIBK A -0.01%
SMPL B -0.01%
SNEX B -0.01%
WAFD B -0.01%
ASO F -0.01%
NSIT F -0.01%
FHB A -0.01%
IMVT F -0.01%
CRSP D -0.01%
PTEN C -0.01%
AGYS A -0.01%
POWL C -0.01%
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