ONEO vs. FHEQ ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to Fidelity Hedged Equity ETF (FHEQ)

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

$125.61

Average Daily Volume

2,286

Number of Holdings ^*

888

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.79

Average Daily Volume

24,615

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	FHEQ
30 Days	5.07%	1.30%
60 Days	6.88%	3.66%
90 Days	8.11%	4.24%
12 Months	30.82%

152 Overlapping Holdings

Symbol	Grade	Weight in ONEO	Weight in FHEQ	Overlap
AAPL	C	0.07%	7.31%	0.07%
ABBV	F	0.05%	1.0%	0.05%
ADBE	C	0.13%	0.93%	0.13%
ADP	A	0.08%	0.16%	0.08%
ALL	A	0.04%	0.07%	0.04%
ALLE	C	0.08%	0.44%	0.08%
AMAT	F	0.21%	0.7%	0.21%
AME	A	0.07%	0.22%	0.07%
AMGN	F	0.05%	0.24%	0.05%
AMT	C	0.01%	0.24%	0.01%
AMZN	C	0.04%	3.64%	0.04%
ANET	C	0.17%	0.08%	0.08%
AVGO	D	0.03%	1.49%	0.03%
AXP	A	0.1%	0.43%	0.1%
BAC	A	0.02%	1.17%	0.02%
BAH	F	0.11%	0.09%	0.09%
BBWI	C	0.13%	0.11%	0.11%
BDX	F	0.02%	0.59%	0.02%
BK	A	0.1%	0.36%	0.1%
BLD	D	0.21%	0.05%	0.05%
BLK	B	0.06%	0.23%	0.06%
BMY	B	0.03%	0.68%	0.03%
BRK.A	B	0.05%	2.19%	0.05%
C	A	0.01%	0.54%	0.01%
CACI	D	0.19%	0.3%	0.19%
CAH	B	0.6%	0.4%	0.4%
CAT	B	0.17%	0.48%	0.17%
CI	D	0.25%	0.63%	0.25%
CINF	A	0.37%	0.12%	0.12%
CL	D	0.16%	0.58%	0.16%
CLX	A	0.03%	0.2%	0.03%
CMCSA	B	0.09%	0.83%	0.09%
CME	B	0.04%	0.37%	0.04%
CMG	B	0.14%	0.49%	0.14%
COST	A	0.09%	0.45%	0.09%
CRM	B	0.17%	1.09%	0.17%
CRUS	D	0.18%	0.06%	0.06%
CSCO	B	0.08%	0.79%	0.08%
CSX	C	0.07%	0.43%	0.07%
CTAS	B	0.12%	0.66%	0.12%
CVNA	B	0.15%	0.52%	0.15%
CVS	D	0.15%	0.22%	0.15%
CVX	A	0.05%	0.02%	0.02%
DASH	B	0.47%	0.12%	0.12%
DBX	B	0.24%	0.51%	0.24%
DIS	B	0.02%	0.57%	0.02%
DOC	C	0.01%	0.08%	0.01%
DOCU	B	0.1%	0.18%	0.1%
DVN	F	0.17%	0.53%	0.17%
ECL	D	0.07%	0.62%	0.07%
EOG	A	0.33%	0.43%	0.33%
ETN	A	0.08%	0.15%	0.08%
EXEL	B	0.18%	0.43%	0.18%
F	C	0.09%	0.15%	0.09%
FTI	A	0.22%	0.17%	0.17%
FTNT	C	0.56%	0.24%	0.24%
GAP	C	0.15%	0.18%	0.15%
GE	D	0.11%	0.45%	0.11%
GEHC	D	0.16%	0.17%	0.16%
GEN	B	0.22%	0.13%	0.13%
GILD	C	0.09%	0.73%	0.09%
GL	C	0.17%	0.2%	0.17%
GOOG	C	0.07%	1.74%	0.07%
GOOGL	C	0.07%	2.02%	0.07%
GRMN	B	0.27%	0.31%	0.27%
HD	B	0.05%	1.32%	0.05%
HLT	A	0.19%	0.18%	0.18%
HWM	A	0.15%	0.27%	0.15%
IDXX	F	0.06%	0.26%	0.06%
INCY	C	0.02%	0.27%	0.02%
JNJ	C	0.03%	0.61%	0.03%
JPM	A	0.01%	1.82%	0.01%
KLAC	F	0.27%	0.54%	0.27%
KR	B	0.35%	0.11%	0.11%
L	A	0.11%	0.07%	0.07%
LDOS	C	0.43%	0.32%	0.32%
LHX	C	0.05%	0.23%	0.05%
LLY	F	0.01%	0.76%	0.01%
LMT	D	0.07%	0.69%	0.07%
LNW	F	0.11%	0.17%	0.11%
LPLA	A	0.34%	0.03%	0.03%
LRCX	F	0.28%	0.23%	0.23%
MA	B	0.04%	1.34%	0.04%
MDLZ	F	0.05%	0.07%	0.05%
MEDP	D	0.11%	0.31%	0.11%
META	D	0.11%	2.87%	0.11%
MGM	D	0.08%	0.22%	0.08%
MKL	A	0.27%	0.09%	0.09%
MMC	B	0.13%	0.52%	0.13%
MMM	D	0.05%	0.22%	0.05%
MRK	D	0.01%	0.69%	0.01%
MSCI	C	0.11%	0.49%	0.11%
MSFT	D	0.13%	5.64%	0.13%
MSI	B	0.2%	0.26%	0.2%
NBIX	C	0.09%	0.11%	0.09%
NEE	C	0.04%	0.73%	0.04%
NFLX	A	0.04%	1.26%	0.04%
NOC	D	0.06%	0.56%	0.06%
NOW	A	0.21%	0.34%	0.21%
NSC	B	0.05%	0.26%	0.05%
NUE	C	0.38%	0.32%	0.32%
NVDA	B	0.15%	7.27%	0.15%
NWL	C	0.04%	0.01%	0.01%
OGE	A	0.08%	0.01%	0.01%
PCAR	B	0.33%	0.42%	0.33%
PEGA	B	0.01%	0.16%	0.01%
PG	C	0.02%	0.87%	0.02%
PGR	A	0.2%	0.63%	0.2%
PM	B	0.08%	0.92%	0.08%
PPG	F	0.04%	0.34%	0.04%
PSA	C	0.12%	0.19%	0.12%
PYPL	B	0.17%	0.54%	0.17%
QCOM	F	0.14%	0.84%	0.14%
QGEN	D	0.02%	0.04%	0.02%
QRVO	F	0.08%	0.11%	0.08%
ROST	D	0.21%	0.1%	0.1%
RSG	A	0.11%	0.2%	0.11%
RTX	D	0.06%	0.44%	0.06%
SCCO	F	0.02%	0.04%	0.02%
SCHW	B	0.03%	0.56%	0.03%
SEIC	B	0.12%	0.54%	0.12%
SOLV	D	0.34%	0.12%	0.12%
SPG	A	0.3%	0.16%	0.16%
SPGI	C	0.03%	0.28%	0.03%
SQ	A	0.03%	0.59%	0.03%
T	A	0.17%	0.67%	0.17%
TDC	D	0.1%	0.35%	0.1%
TJX	A	0.2%	0.73%	0.2%
TMO	F	0.03%	0.26%	0.03%
TMUS	B	0.05%	0.29%	0.05%
TROW	B	0.12%	0.23%	0.12%
TRV	B	0.16%	0.49%	0.16%
TT	A	0.18%	0.69%	0.18%
TWLO	A	0.03%	0.02%	0.02%
TXT	D	0.18%	0.51%	0.18%
UBER	F	0.06%	0.14%	0.06%
UNH	B	0.03%	0.57%	0.03%
UNM	A	0.14%	0.01%	0.01%
UNP	C	0.04%	0.73%	0.04%
UTHR	C	0.27%	0.05%	0.05%
V	A	0.02%	0.47%	0.02%
VEEV	C	0.06%	0.12%	0.06%
VST	A	0.86%	0.11%	0.11%
VZ	C	0.12%	0.18%	0.12%
WDAY	B	0.13%	0.16%	0.13%
WFC	A	0.05%	0.15%	0.05%
WM	B	0.12%	0.38%	0.12%
WMT	A	0.03%	0.8%	0.03%
XEL	A	0.1%	0.21%	0.1%
XOM	B	0.03%	1.54%	0.03%
ZBRA	B	0.02%	0.47%	0.02%
ZM	C	0.06%	0.52%	0.06%

ONEO Overweight 736 Positions Relative to FHEQ

Symbol	Grade	Weight
APP	B	1.01%
EXPE	B	0.82%
PHM	D	0.79%
MCK	A	0.73%
GDDY	A	0.68%
LEN	D	0.66%
ACGL	C	0.6%
DHI	F	0.58%
DAL	B	0.57%
JBL	C	0.55%
TOL	B	0.55%
SYF	B	0.54%
CASY	A	0.53%
FANG	C	0.52%
FCNCA	A	0.47%
PFGC	B	0.45%
URI	C	0.45%
OC	A	0.45%
WSM	C	0.45%
BLDR	D	0.44%
EME	A	0.44%
STLD	B	0.44%
DKS	D	0.42%
BJ	A	0.41%
CMI	A	0.41%
NTAP	C	0.41%
ALSN	B	0.38%
CTSH	B	0.38%
RCL	A	0.37%
CNC	D	0.37%
COR	B	0.37%
PAYC	B	0.37%
RNR	C	0.37%
FFIV	B	0.36%
THC	D	0.35%
NVR	D	0.34%
TPR	B	0.34%
GM	C	0.33%
HIG	B	0.32%
MO	A	0.32%
CBOE	C	0.32%
COF	C	0.32%
KNSL	B	0.31%
HRB	D	0.31%
USFD	A	0.31%
FIX	A	0.3%
EG	C	0.3%
HUM	C	0.29%
MPC	D	0.29%
ADM	D	0.29%
RL	C	0.29%
CPNG	D	0.29%
MRO	B	0.28%
TXRH	B	0.28%
VLO	C	0.28%
AYI	B	0.28%
SWKS	F	0.28%
EBAY	D	0.27%
CNM	D	0.27%
ETR	B	0.27%
NRG	B	0.27%
EPAM	B	0.27%
SNA	A	0.27%
IT	C	0.27%
EVR	B	0.26%
DELL	B	0.26%
EXP	B	0.26%
MANH	D	0.26%
VRT	B	0.26%
TPL	A	0.25%
ITT	A	0.25%
SKX	D	0.25%
GWW	B	0.25%
TSN	B	0.25%
TSCO	D	0.25%
CHRD	D	0.24%
BKR	A	0.24%
PEG	A	0.24%
MTG	C	0.24%
INGR	C	0.24%
BKNG	A	0.24%
MOH	F	0.24%
SYY	D	0.23%
HPE	B	0.23%
CRWD	B	0.23%
RS	B	0.23%
FICO	B	0.23%
AMG	B	0.22%
FDX	B	0.22%
ARMK	B	0.22%
UHS	D	0.22%
IP	A	0.22%
WMB	A	0.22%
PVH	C	0.21%
SAIA	B	0.21%
CBRE	B	0.21%
WCC	B	0.21%
DVA	C	0.21%
AFL	B	0.21%
COKE	C	0.21%
DECK	A	0.21%
APH	A	0.21%
CPAY	A	0.21%
CSL	C	0.2%
MAR	A	0.2%
PKG	A	0.2%
FYBR	C	0.2%
DFS	B	0.2%
IBM	C	0.2%
MAS	D	0.2%
MUSA	B	0.19%
SNX	D	0.19%
R	B	0.19%
WRB	A	0.19%
AZO	C	0.19%
CB	C	0.19%
OSK	C	0.19%
SNPS	B	0.19%
INTU	B	0.19%
GEV	B	0.19%
ATO	A	0.18%
PANW	B	0.18%
CTRA	B	0.18%
LII	A	0.18%
FAST	B	0.18%
LUV	C	0.18%
TOST	B	0.18%
HLI	A	0.18%
BBY	D	0.18%
MTZ	B	0.17%
WAB	B	0.17%
SSD	F	0.17%
J	D	0.17%
PSTG	D	0.17%
MPWR	F	0.17%
ULTA	F	0.17%
ADSK	A	0.17%
VTRS	A	0.17%
SAIC	F	0.17%
ODFL	C	0.17%
ORLY	B	0.17%
BRBR	A	0.17%
AGO	B	0.17%
BR	A	0.17%
CF	A	0.17%
PWR	A	0.17%
EMN	C	0.16%
CW	C	0.16%
HPQ	B	0.16%
WSO	A	0.16%
LYV	A	0.16%
HST	C	0.16%
CE	F	0.16%
UAL	A	0.16%
OMC	C	0.16%
CLH	C	0.16%
CDNS	B	0.16%
GNTX	C	0.15%
KEYS	A	0.15%
HAL	C	0.15%
TTD	B	0.15%
PSX	C	0.15%
PAYX	B	0.15%
VVV	D	0.15%
BRO	B	0.15%
IR	B	0.15%
AOS	F	0.15%
NCLH	B	0.15%
A	D	0.15%
LAMR	C	0.15%
GD	D	0.15%
FDS	B	0.15%
PNR	A	0.15%
ELV	F	0.15%
LOPE	C	0.15%
COP	C	0.15%
PSN	D	0.15%
HII	F	0.14%
BURL	B	0.14%
DRI	B	0.14%
TER	F	0.14%
KEX	B	0.14%
CHTR	C	0.14%
EHC	B	0.14%
CARR	C	0.14%
MLM	C	0.14%
JHG	B	0.14%
AAON	B	0.14%
LH	B	0.14%
SRE	A	0.14%
FND	D	0.14%
WFRD	D	0.14%
PCG	A	0.13%
CNP	A	0.13%
ONTO	F	0.13%
PINS	F	0.13%
SHW	B	0.13%
MCO	B	0.13%
EIX	B	0.13%
OLLI	D	0.13%
WU	F	0.13%
FLS	B	0.13%
DINO	D	0.13%
DXC	B	0.13%
NEU	D	0.13%
EWBC	A	0.13%
ROK	C	0.13%
FITB	B	0.13%
BG	D	0.13%
TGT	F	0.13%
EA	A	0.12%
AWI	A	0.12%
SLB	C	0.12%
M	F	0.12%
TEAM	A	0.12%
BWA	D	0.12%
APO	B	0.12%
DLTR	F	0.12%
DTM	A	0.12%
PRI	B	0.12%
LECO	C	0.12%
WBD	B	0.12%
DPZ	C	0.12%
NXST	C	0.12%
NYT	D	0.12%
MTB	A	0.12%
VMC	B	0.12%
AEP	C	0.12%
RPM	A	0.12%
AKAM	D	0.12%
CDW	F	0.11%
KMI	A	0.11%
THO	B	0.11%
ED	C	0.11%
NFG	A	0.11%
KMB	C	0.11%
OMF	A	0.11%
TPX	B	0.11%
PPL	A	0.11%
JCI	B	0.11%
MHK	D	0.11%
ADI	D	0.11%
CHD	A	0.11%
MTDR	B	0.11%
DUK	C	0.11%
AFG	A	0.11%
LSCC	D	0.11%
MCHP	F	0.11%
TW	A	0.11%
FI	A	0.11%
DOV	A	0.11%
GPC	D	0.11%
DCI	B	0.11%
CR	A	0.11%
NI	A	0.11%
FOXA	A	0.1%
LOW	C	0.1%
POOL	C	0.1%
JLL	D	0.1%
GNRC	C	0.1%
ALK	B	0.1%
WMS	F	0.1%
BWXT	B	0.1%
HBAN	A	0.1%
FNF	B	0.1%
NWSA	A	0.1%
CFG	B	0.1%
AIZ	A	0.1%
FCX	F	0.1%
D	C	0.1%
DGX	A	0.1%
K	A	0.1%
VRTX	D	0.1%
HCA	F	0.1%
AMP	A	0.1%
ABNB	C	0.1%
DD	C	0.1%
RGA	A	0.1%
DOX	D	0.1%
ATR	B	0.1%
IBKR	A	0.1%
LYB	F	0.1%
AMKR	D	0.1%
ORI	A	0.1%
RF	A	0.1%
TYL	B	0.09%
VLTO	C	0.09%
VRSK	A	0.09%
DT	D	0.09%
PNC	B	0.09%
SO	C	0.09%
OXY	D	0.09%
REGN	F	0.09%
GTES	A	0.09%
WWD	C	0.09%
WING	D	0.09%
VICI	C	0.09%
SPOT	B	0.09%
AVY	F	0.09%
DDOG	A	0.09%
X	B	0.09%
ACM	B	0.09%
CROX	D	0.09%
AZEK	A	0.09%
BX	A	0.09%
ROL	B	0.09%
CMS	C	0.09%
KEY	B	0.09%
OTIS	C	0.09%
ESAB	C	0.09%
HOG	D	0.09%
WST	C	0.09%
SMCI	F	0.09%
HUBB	B	0.09%
CPRT	B	0.09%
FE	C	0.08%
OLED	F	0.08%
KD	B	0.08%
EEFT	B	0.08%
OLN	F	0.08%
ON	D	0.08%
RLI	A	0.08%
CMA	B	0.08%
DE	B	0.08%
MAT	D	0.08%
RGLD	C	0.08%
RHI	C	0.08%
NVT	B	0.08%
TREX	C	0.08%
EXC	C	0.08%
CIEN	C	0.08%
PLTR	B	0.08%
EXPD	C	0.08%
RBC	A	0.07%
POST	C	0.07%
NDAQ	A	0.07%
DLB	B	0.07%
AMCR	C	0.07%
USB	A	0.07%
PNFP	B	0.07%
YETI	D	0.07%
WBS	A	0.07%
AIG	B	0.07%
WYNN	C	0.07%
FTV	C	0.07%
WEX	D	0.07%
ZION	B	0.07%
ALGN	D	0.07%
ITW	B	0.07%
MRVL	B	0.07%
ACI	C	0.07%
DOW	F	0.07%
LEA	F	0.07%
WTFC	A	0.07%
CLF	F	0.07%
APD	A	0.07%
EVRG	A	0.07%
OZK	B	0.07%
BYD	B	0.07%
PRU	A	0.07%
FHN	A	0.07%
AON	A	0.07%
TAP	C	0.07%
APG	B	0.07%
AXON	A	0.07%
AM	A	0.07%
LULU	C	0.07%
COLM	C	0.07%
SSNC	B	0.07%
WEC	A	0.07%
AL	B	0.07%
VNT	C	0.06%
ROP	B	0.06%
GLOB	B	0.06%
TRGP	A	0.06%
SBUX	A	0.06%
TDY	B	0.06%
GWRE	A	0.06%
JKHY	D	0.06%
TXN	C	0.06%
DDS	B	0.06%
TNL	A	0.06%
GIS	D	0.06%
AXS	A	0.06%
CHE	D	0.06%
AVTR	F	0.06%
WTW	B	0.06%
AES	F	0.06%
SF	B	0.06%
GGG	B	0.06%
OVV	B	0.06%
FBIN	D	0.06%
DUOL	A	0.06%
NOV	C	0.06%
CCL	A	0.06%
TTEK	F	0.06%
GPK	C	0.06%
UHAL	D	0.06%
AVB	B	0.06%
SCI	B	0.06%
KHC	F	0.06%
SNV	C	0.06%
MET	A	0.06%
PNW	A	0.06%
YUM	D	0.06%
ISRG	A	0.06%
JBHT	C	0.06%
CCK	D	0.06%
IEX	C	0.06%
CUBE	C	0.06%
VSTS	C	0.06%
JWN	D	0.06%
DTE	C	0.06%
BALL	F	0.06%
HUBS	A	0.06%
MTSI	B	0.06%
HXL	F	0.05%
MSM	C	0.05%
PCOR	B	0.05%
HES	B	0.05%
WLK	D	0.05%
PR	B	0.05%
NTRS	A	0.05%
TKR	D	0.05%
LNT	A	0.05%
ENTG	D	0.05%
EXR	C	0.05%
XPO	B	0.05%
GO	C	0.05%
RMD	C	0.05%
LKQ	F	0.05%
GLW	B	0.05%
FOX	A	0.05%
UPS	C	0.05%
ANSS	B	0.05%
ESS	B	0.05%
AAP	D	0.05%
DG	F	0.05%
FLO	D	0.05%
NTNX	B	0.05%
DV	C	0.05%
EQH	C	0.05%
TDG	D	0.05%
IPG	D	0.05%
BSX	A	0.05%
MTD	F	0.05%
SPB	C	0.05%
SYK	B	0.05%
EQR	C	0.05%
LIN	C	0.05%
H	B	0.05%
MTCH	D	0.05%
GPN	B	0.05%
DLR	B	0.05%
PTC	B	0.05%
ZS	B	0.05%
WY	F	0.05%
SITE	F	0.05%
ATI	C	0.05%
GLPI	C	0.05%
ACN	B	0.05%
MDU	D	0.05%
NU	C	0.05%
CPB	D	0.05%
AEE	A	0.05%
SN	D	0.05%
SLM	A	0.04%
MORN	B	0.04%
PH	A	0.04%
LPX	B	0.04%
WH	B	0.04%
KVUE	A	0.04%
KMX	B	0.04%
TPG	A	0.04%
BERY	C	0.04%
ARES	A	0.04%
TRU	D	0.04%
PCTY	C	0.04%
ZTS	D	0.04%
HON	C	0.04%
AJG	A	0.04%
SMG	C	0.04%
AR	B	0.04%
UA	C	0.04%
MDT	D	0.04%
AXTA	B	0.04%
NNN	C	0.04%
LNG	A	0.04%
EFX	F	0.04%
PPC	C	0.04%
STT	B	0.04%
DKNG	B	0.04%
BRX	A	0.04%
BC	C	0.04%
GTLB	B	0.04%
CC	C	0.04%
LSTR	D	0.04%
IRM	C	0.04%
CTVA	C	0.04%
STE	D	0.04%
AAL	B	0.04%
JNPR	D	0.04%
FRPT	A	0.04%
STZ	D	0.04%
CRI	F	0.04%
ALLY	C	0.04%
BPOP	C	0.04%
WAL	B	0.04%
KIM	A	0.04%
JAZZ	B	0.04%
CIVI	D	0.04%
FSLR	F	0.04%
ESI	B	0.04%
AMD	F	0.03%
UAA	C	0.03%
EQIX	A	0.03%
VRSN	C	0.03%
S	B	0.03%
NSA	C	0.03%
HIW	C	0.03%
CAG	F	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%
CPT	B	0.03%
DAY	B	0.03%
MAA	B	0.03%
ICE	C	0.03%
BFAM	D	0.03%
CXT	C	0.03%
AWK	C	0.03%
TRMB	B	0.03%
APA	D	0.03%
PRGO	C	0.03%
SLGN	A	0.03%
ZI	D	0.03%
OKTA	C	0.03%
KSS	F	0.03%
PFG	D	0.03%
SMAR	B	0.03%
TRIP	F	0.03%
NDSN	B	0.03%
TFC	A	0.03%
SON	F	0.03%
EW	C	0.03%
CBSH	B	0.03%
LFUS	D	0.03%
CHH	A	0.03%
RRC	B	0.03%
IFF	D	0.03%
APTV	F	0.03%
MAN	F	0.03%
RNG	C	0.03%
OWL	A	0.03%
NKE	F	0.03%
MKTX	D	0.03%
SWK	D	0.03%
FNB	A	0.03%
KDP	F	0.03%
WTRG	B	0.03%
CRBG	B	0.03%
AN	C	0.03%
FCN	F	0.03%
AGCO	D	0.03%
G	B	0.03%
OGN	F	0.03%
CRL	D	0.03%
COLB	B	0.03%
LEN	D	0.03%
SNOW	B	0.03%
WPC	C	0.03%
FTRE	D	0.03%
VIRT	A	0.03%
IQV	F	0.03%
CELH	F	0.03%
MOS	F	0.03%
CHDN	B	0.03%
NWS	A	0.03%
KBR	F	0.03%
VMI	B	0.02%
LW	C	0.02%
CSGP	D	0.02%
INTC	C	0.02%
HRL	D	0.02%
LBRDK	C	0.02%
MDB	B	0.02%
REYN	D	0.02%
LAD	A	0.02%
WELL	A	0.02%
FAF	A	0.02%
RVTY	F	0.02%
ASH	F	0.02%
ALB	B	0.02%
AMED	F	0.02%
RYN	D	0.02%
SJM	D	0.02%
PLD	F	0.02%
BEN	C	0.02%
VOYA	B	0.02%
MIDD	C	0.02%
VFC	C	0.02%
RH	C	0.02%
DOCS	C	0.02%
MTN	C	0.02%
FR	D	0.02%
MASI	B	0.02%
CHRW	B	0.02%
KO	D	0.02%
PB	B	0.02%
FIVE	F	0.02%
PK	C	0.02%
MSTR	B	0.02%
SAM	C	0.02%
BRKR	D	0.02%
PEP	F	0.02%
EGP	D	0.02%
BAX	F	0.02%
CCI	C	0.02%
THG	A	0.02%
MSA	F	0.02%
BSY	F	0.02%
HOLX	D	0.02%
PLNT	A	0.02%
ABT	B	0.02%
IPGP	D	0.02%
MSGS	A	0.02%
SBAC	D	0.02%
ES	C	0.02%
INVH	D	0.02%
CNH	C	0.02%
PAG	B	0.02%
AMH	C	0.02%
RRX	B	0.02%
DHR	F	0.02%
GXO	B	0.02%
MNST	C	0.02%
VNO	C	0.02%
DXCM	C	0.02%
TTC	C	0.02%
FRT	B	0.02%
KRC	B	0.02%
GS	A	0.02%
WSC	F	0.02%
LVS	B	0.02%
UDR	B	0.02%
HSY	F	0.02%
BXP	C	0.02%
ARW	D	0.02%
REG	A	0.02%
TECH	F	0.02%
KKR	A	0.02%
OHI	C	0.02%
MCD	D	0.02%
CEG	C	0.01%
EL	F	0.01%
EQT	B	0.01%
SPR	D	0.01%
COIN	C	0.01%
REXR	F	0.01%
AA	A	0.01%
VKTX	F	0.01%
INFA	D	0.01%
CWEN	C	0.01%
NET	B	0.01%
AGR	A	0.01%
CGNX	D	0.01%
ENOV	C	0.01%
FMC	D	0.01%
WAT	C	0.01%
HAS	D	0.01%
SNDR	B	0.01%
IVZ	B	0.01%
DNB	B	0.01%
CZR	F	0.01%
CLVT	D	0.01%
RKT	F	0.01%
SEB	F	0.01%
PII	F	0.01%
ARE	F	0.01%
W	D	0.01%
CNA	C	0.01%
VTR	B	0.01%
UGI	C	0.01%
CUZ	B	0.01%
ETSY	D	0.01%
GFS	C	0.01%
HSIC	C	0.01%
TFX	F	0.01%
NCNO	C	0.01%
HEI	A	0.01%
LITE	B	0.01%
ACHC	F	0.01%
JEF	A	0.01%
O	C	0.01%
AZTA	D	0.01%
CFR	B	0.01%
HAYW	B	0.01%
PATH	C	0.01%
SEE	C	0.01%
ADC	A	0.01%
HUN	F	0.01%
WTM	A	0.01%
ST	F	0.01%
STWD	C	0.01%
WEN	D	0.01%
KNX	C	0.01%
EPR	C	0.01%
PINC	B	0.01%
ROIV	C	0.01%
FHB	B	0.01%
XP	F	0.01%
RYAN	A	0.01%
EMR	B	0.01%
IAC	F	0.01%
ADTN	A	0.01%
INSP	D	0.01%
CACC	D	0.01%
STAG	D	0.01%
CTLT	C	0.01%
HEI	A	0.01%
MKC	C	0.01%
ELF	C	0.01%
WHR	B	0.01%
BA	F	0.0%
ESTC	C	0.0%
COTY	F	0.0%
RGEN	D	0.0%
BMRN	F	0.0%
UHAL	D	0.0%
MKSI	C	0.0%
BOKF	B	0.0%
VAC	C	0.0%
APPF	B	0.0%

ONEO Underweight 16 Positions Relative to FHEQ

Symbol	Grade	Weight
TSLA	B	-1.26%
PFE	F	-0.56%
MU	D	-0.47%
IGT	F	-0.45%
ALRM	C	-0.4%
ANF	F	-0.33%
SKYW	C	-0.29%
BIIB	F	-0.21%
MS	A	-0.16%
TPH	D	-0.15%
PLTK	B	-0.1%
BCC	B	-0.07%
TENB	C	-0.06%
LYFT	C	-0.06%
ORCL	A	-0.04%
MHO	D	-0.02%