ONEO vs. PFM ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to PowerShares Dividend Achievers (PFM)

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

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	PFM
30 Days	6.95%	2.19%
60 Days	7.48%	2.87%
90 Days	9.35%	5.56%
12 Months	32.32%	26.89%

282 Overlapping Holdings

Symbol	Grade	Weight in ONEO	Weight in PFM	Overlap
A	D	0.15%	0.16%	0.15%
AAPL	C	0.07%	3.9%	0.07%
ABBV	D	0.05%	1.27%	0.05%
ABT	B	0.02%	0.88%	0.02%
ACN	C	0.05%	0.95%	0.05%
ADC	B	0.01%	0.03%	0.01%
ADI	D	0.11%	0.45%	0.11%
ADM	D	0.29%	0.11%	0.11%
ADP	B	0.08%	0.53%	0.08%
AEE	A	0.05%	0.11%	0.05%
AEP	D	0.12%	0.22%	0.12%
AES	F	0.06%	0.04%	0.04%
AFG	A	0.11%	0.05%	0.05%
AFL	B	0.21%	0.27%	0.21%
AGCO	D	0.03%	0.03%	0.03%
AGO	B	0.17%	0.02%	0.02%
AIZ	A	0.1%	0.05%	0.05%
AJG	B	0.04%	0.28%	0.04%
AL	B	0.07%	0.02%	0.02%
ALB	C	0.02%	0.05%	0.02%
ALL	A	0.04%	0.23%	0.04%
AMGN	D	0.05%	0.65%	0.05%
AMP	A	0.1%	0.24%	0.1%
AMT	D	0.01%	0.4%	0.01%
AON	A	0.07%	0.36%	0.07%
AOS	F	0.15%	0.04%	0.04%
APD	A	0.07%	0.32%	0.07%
APH	A	0.21%	0.37%	0.21%
ARE	D	0.01%	0.08%	0.01%
ASH	D	0.02%	0.02%	0.02%
ATO	A	0.18%	0.1%	0.1%
ATR	B	0.1%	0.05%	0.05%
AVGO	D	0.03%	3.32%	0.03%
AVY	D	0.09%	0.07%	0.07%
AWK	D	0.03%	0.11%	0.03%
AXS	A	0.06%	0.03%	0.03%
BAC	A	0.02%	1.56%	0.02%
BAH	F	0.11%	0.08%	0.08%
BBY	D	0.18%	0.08%	0.08%
BC	C	0.04%	0.02%	0.02%
BDX	F	0.02%	0.28%	0.02%
BEN	C	0.02%	0.05%	0.02%
BK	A	0.1%	0.25%	0.1%
BLK	C	0.06%	0.67%	0.06%
BMY	B	0.03%	0.5%	0.03%
BOKF	B	0.0%	0.03%	0.0%
BR	A	0.17%	0.12%	0.12%
BRO	B	0.15%	0.13%	0.13%
CAH	B	0.6%	0.13%	0.13%
CASY	A	0.53%	0.06%	0.06%
CAT	B	0.17%	0.81%	0.17%
CB	C	0.19%	0.5%	0.19%
CBOE	B	0.32%	0.09%	0.09%
CBSH	A	0.03%	0.04%	0.03%
CDW	F	0.11%	0.1%	0.1%
CFR	B	0.01%	0.04%	0.01%
CHD	B	0.11%	0.12%	0.11%
CHDN	B	0.03%	0.04%	0.03%
CHE	D	0.06%	0.04%	0.04%
CHRW	C	0.02%	0.06%	0.02%
CINF	A	0.37%	0.1%	0.1%
CL	D	0.16%	0.33%	0.16%
CLX	B	0.03%	0.09%	0.03%
CMCSA	B	0.09%	0.72%	0.09%
CME	A	0.04%	0.35%	0.04%
CMI	A	0.41%	0.21%	0.21%
CMS	C	0.09%	0.09%	0.09%
COR	B	0.37%	0.21%	0.21%
COST	B	0.09%	1.76%	0.09%
CSCO	B	0.08%	1.0%	0.08%
CSL	C	0.2%	0.09%	0.09%
CSX	B	0.07%	0.29%	0.07%
CTAS	B	0.12%	0.38%	0.12%
CUBE	D	0.06%	0.05%	0.05%
CVX	A	0.05%	1.27%	0.05%
DCI	B	0.11%	0.04%	0.04%
DDS	B	0.06%	0.02%	0.02%
DFS	B	0.2%	0.19%	0.19%
DGX	A	0.1%	0.08%	0.08%
DHR	F	0.02%	0.72%	0.02%
DOV	A	0.11%	0.12%	0.11%
DPZ	C	0.12%	0.07%	0.07%
DTE	C	0.06%	0.11%	0.06%
DUK	C	0.11%	0.38%	0.11%
ECL	D	0.07%	0.3%	0.07%
ED	D	0.11%	0.14%	0.11%
EGP	F	0.02%	0.04%	0.02%
EIX	B	0.13%	0.14%	0.13%
ELS	C	0.03%	0.06%	0.03%
ELV	F	0.15%	0.4%	0.15%
EMN	D	0.16%	0.05%	0.05%
EMR	A	0.01%	0.32%	0.01%
ES	D	0.02%	0.1%	0.02%
ESS	B	0.05%	0.08%	0.05%
ETN	A	0.08%	0.62%	0.08%
EVR	B	0.26%	0.05%	0.05%
EVRG	A	0.07%	0.06%	0.06%
EXPD	D	0.08%	0.07%	0.07%
EXR	D	0.05%	0.15%	0.05%
FAF	A	0.02%	0.03%	0.02%
FAST	B	0.18%	0.2%	0.18%
FDS	B	0.15%	0.08%	0.08%
FITB	A	0.13%	0.14%	0.13%
FIX	A	0.3%	0.07%	0.07%
FLO	D	0.05%	0.02%	0.02%
FNF	B	0.1%	0.07%	0.07%
FR	C	0.02%	0.03%	0.02%
GD	F	0.15%	0.34%	0.15%
GGG	B	0.06%	0.07%	0.06%
GL	B	0.17%	0.04%	0.04%
GLW	B	0.05%	0.17%	0.05%
GPC	D	0.11%	0.07%	0.07%
GS	A	0.02%	0.8%	0.02%
GWW	B	0.25%	0.25%	0.25%
HD	A	0.05%	1.76%	0.05%
HEI	B	0.01%	0.06%	0.01%
HEI	B	0.01%	0.06%	0.01%
HIG	B	0.32%	0.15%	0.15%
HII	D	0.14%	0.03%	0.03%
HON	B	0.04%	0.64%	0.04%
HPQ	B	0.16%	0.16%	0.16%
HRL	D	0.02%	0.07%	0.02%
HSY	F	0.02%	0.11%	0.02%
HUBB	B	0.09%	0.1%	0.09%
HUM	C	0.29%	0.14%	0.14%
IBM	C	0.2%	0.83%	0.2%
ICE	C	0.03%	0.39%	0.03%
IDA	A	0.03%	0.03%	0.03%
IEX	B	0.06%	0.07%	0.06%
INGR	B	0.24%	0.04%	0.04%
INTU	C	0.19%	0.82%	0.19%
IPG	D	0.05%	0.04%	0.04%
ITT	A	0.25%	0.05%	0.05%
ITW	B	0.07%	0.35%	0.07%
JBHT	C	0.06%	0.08%	0.06%
JKHY	D	0.06%	0.05%	0.05%
JNJ	D	0.03%	1.61%	0.03%
JPM	A	0.01%	3.01%	0.01%
KEY	B	0.09%	0.08%	0.08%
KLAC	D	0.27%	0.36%	0.27%
KMB	D	0.11%	0.2%	0.11%
KO	D	0.02%	1.15%	0.02%
KR	B	0.35%	0.18%	0.18%
LAD	A	0.02%	0.04%	0.02%
LECO	B	0.12%	0.05%	0.05%
LFUS	F	0.03%	0.03%	0.03%
LHX	C	0.05%	0.2%	0.05%
LII	A	0.18%	0.09%	0.09%
LIN	D	0.05%	0.93%	0.05%
LMT	D	0.07%	0.55%	0.07%
LNT	A	0.05%	0.07%	0.05%
LOW	D	0.1%	0.66%	0.1%
LYB	F	0.1%	0.12%	0.1%
MA	C	0.04%	2.06%	0.04%
MAA	B	0.03%	0.08%	0.03%
MAN	D	0.03%	0.01%	0.01%
MAS	D	0.2%	0.07%	0.07%
MCD	D	0.02%	0.9%	0.02%
MCHP	D	0.11%	0.15%	0.11%
MCK	B	0.73%	0.34%	0.34%
MCO	B	0.13%	0.37%	0.13%
MDLZ	F	0.05%	0.37%	0.05%
MDT	D	0.04%	0.48%	0.04%
MDU	D	0.05%	0.02%	0.02%
MET	A	0.06%	0.25%	0.06%
MKC	D	0.01%	0.08%	0.01%
MKTX	D	0.03%	0.04%	0.03%
MMC	B	0.13%	0.48%	0.13%
MMM	D	0.05%	0.31%	0.05%
MO	A	0.32%	0.41%	0.32%
MORN	B	0.04%	0.06%	0.04%
MRK	F	0.01%	1.06%	0.01%
MSA	D	0.02%	0.03%	0.02%
MSFT	F	0.13%	3.91%	0.13%
MSI	B	0.2%	0.35%	0.2%
NDAQ	A	0.07%	0.2%	0.07%
NDSN	B	0.03%	0.06%	0.03%
NEE	D	0.04%	0.68%	0.04%
NFG	A	0.11%	0.02%	0.02%
NI	A	0.11%	0.07%	0.07%
NKE	D	0.03%	0.39%	0.03%
NNN	D	0.04%	0.03%	0.03%
NOC	D	0.06%	0.31%	0.06%
NUE	C	0.38%	0.15%	0.15%
NXST	C	0.12%	0.02%	0.02%
O	D	0.01%	0.21%	0.01%
OGE	B	0.08%	0.04%	0.04%
ORI	A	0.1%	0.04%	0.04%
OSK	B	0.19%	0.03%	0.03%
OZK	B	0.07%	0.02%	0.02%
PAYX	C	0.15%	0.22%	0.15%
PB	A	0.02%	0.03%	0.02%
PEG	A	0.24%	0.19%	0.19%
PEP	F	0.02%	0.94%	0.02%
PFG	D	0.03%	0.09%	0.03%
PG	A	0.02%	1.73%	0.02%
PII	D	0.01%	0.02%	0.01%
PKG	A	0.2%	0.09%	0.09%
PLD	D	0.02%	0.46%	0.02%
PM	B	0.08%	0.88%	0.08%
PNC	B	0.09%	0.35%	0.09%
PNW	B	0.06%	0.04%	0.04%
POOL	C	0.1%	0.06%	0.06%
PPG	F	0.04%	0.12%	0.04%
PRGO	B	0.03%	0.02%	0.02%
PRI	A	0.12%	0.04%	0.04%
PRU	A	0.07%	0.2%	0.07%
PSX	C	0.15%	0.24%	0.15%
QCOM	F	0.14%	0.79%	0.14%
R	B	0.19%	0.03%	0.03%
REG	B	0.02%	0.06%	0.02%
REXR	F	0.01%	0.04%	0.01%
RF	A	0.1%	0.1%	0.1%
RGA	A	0.1%	0.07%	0.07%
RGLD	C	0.08%	0.04%	0.04%
RHI	B	0.08%	0.03%	0.03%
RJF	A	0.03%	0.15%	0.03%
RLI	B	0.08%	0.03%	0.03%
RMD	C	0.05%	0.15%	0.05%
RNR	C	0.37%	0.06%	0.06%
ROK	B	0.13%	0.14%	0.13%
ROP	B	0.06%	0.26%	0.06%
RPM	A	0.12%	0.08%	0.08%
RRX	B	0.02%	0.05%	0.02%
RS	B	0.23%	0.07%	0.07%
RSG	A	0.11%	0.28%	0.11%
RTX	C	0.06%	0.69%	0.06%
SBUX	A	0.06%	0.49%	0.06%
SCI	B	0.06%	0.05%	0.05%
SEIC	B	0.12%	0.05%	0.05%
SHW	A	0.13%	0.41%	0.13%
SJM	D	0.02%	0.05%	0.02%
SLGN	A	0.03%	0.02%	0.02%
SNA	A	0.27%	0.08%	0.08%
SO	D	0.09%	0.42%	0.09%
SON	D	0.03%	0.02%	0.02%
SPGI	C	0.03%	0.68%	0.03%
SRE	A	0.14%	0.25%	0.14%
SSD	D	0.17%	0.03%	0.03%
STAG	F	0.01%	0.03%	0.01%
STE	F	0.04%	0.09%	0.04%
STLD	B	0.44%	0.09%	0.09%
STT	A	0.04%	0.12%	0.04%
SWK	D	0.03%	0.06%	0.03%
SYK	C	0.05%	0.64%	0.05%
SYY	B	0.23%	0.16%	0.16%
TFC	A	0.03%	0.27%	0.03%
TGT	F	0.13%	0.31%	0.13%
THG	A	0.02%	0.03%	0.02%
THO	B	0.11%	0.03%	0.03%
TKR	D	0.05%	0.02%	0.02%
TROW	B	0.12%	0.11%	0.11%
TRV	B	0.16%	0.26%	0.16%
TSCO	D	0.25%	0.13%	0.13%
TSN	B	0.25%	0.08%	0.08%
TT	A	0.18%	0.4%	0.18%
TTC	D	0.02%	0.04%	0.02%
TXN	C	0.06%	0.82%	0.06%
UDR	B	0.02%	0.06%	0.02%
UGI	A	0.01%	0.02%	0.01%
UNH	C	0.03%	2.35%	0.03%
UNM	A	0.14%	0.06%	0.06%
UNP	C	0.04%	0.62%	0.04%
UPS	C	0.05%	0.43%	0.05%
USB	A	0.07%	0.34%	0.07%
V	A	0.02%	2.25%	0.02%
VMC	B	0.12%	0.16%	0.12%
VZ	C	0.12%	0.77%	0.12%
WEC	A	0.07%	0.13%	0.07%
WLK	D	0.05%	0.07%	0.05%
WM	A	0.12%	0.38%	0.12%
WMT	A	0.03%	2.92%	0.03%
WRB	A	0.19%	0.1%	0.1%
WSM	B	0.45%	0.07%	0.07%
WSO	A	0.16%	0.08%	0.08%
WST	C	0.09%	0.1%	0.09%
WTFC	A	0.07%	0.04%	0.04%
WTRG	B	0.03%	0.05%	0.03%
XEL	A	0.1%	0.17%	0.1%
XOM	B	0.03%	2.31%	0.03%
ZION	B	0.07%	0.04%	0.04%
ZTS	D	0.04%	0.35%	0.04%

ONEO Overweight 606 Positions Relative to PFM

Symbol	Grade	Weight
APP	B	1.01%
VST	B	0.86%
EXPE	B	0.82%
PHM	D	0.79%
GDDY	A	0.68%
LEN	D	0.66%
ACGL	D	0.6%
DHI	D	0.58%
DAL	C	0.57%
FTNT	C	0.56%
JBL	B	0.55%
TOL	B	0.55%
SYF	B	0.54%
FANG	D	0.52%
DASH	A	0.47%
FCNCA	A	0.47%
PFGC	B	0.45%
URI	B	0.45%
OC	A	0.45%
BLDR	D	0.44%
EME	C	0.44%
LDOS	C	0.43%
DKS	C	0.42%
BJ	A	0.41%
NTAP	C	0.41%
ALSN	B	0.38%
CTSH	B	0.38%
RCL	A	0.37%
CNC	D	0.37%
PAYC	B	0.37%
FFIV	B	0.36%
THC	D	0.35%
NVR	D	0.34%
TPR	B	0.34%
LPLA	A	0.34%
SOLV	C	0.34%
EOG	A	0.33%
PCAR	B	0.33%
GM	B	0.33%
COF	B	0.32%
KNSL	B	0.31%
HRB	D	0.31%
USFD	A	0.31%
EG	C	0.3%
SPG	B	0.3%
MPC	D	0.29%
RL	B	0.29%
CPNG	D	0.29%
MRO	B	0.28%
TXRH	C	0.28%
VLO	C	0.28%
AYI	B	0.28%
SWKS	F	0.28%
LRCX	F	0.28%
EBAY	D	0.27%
CNM	D	0.27%
MKL	A	0.27%
ETR	B	0.27%
NRG	B	0.27%
UTHR	C	0.27%
EPAM	C	0.27%
GRMN	B	0.27%
IT	C	0.27%
DELL	C	0.26%
EXP	A	0.26%
MANH	D	0.26%
VRT	B	0.26%
TPL	A	0.25%
SKX	D	0.25%
CI	F	0.25%
DBX	B	0.24%
CHRD	D	0.24%
BKR	B	0.24%
MTG	C	0.24%
BKNG	A	0.24%
MOH	F	0.24%
HPE	B	0.23%
CRWD	B	0.23%
FICO	B	0.23%
AMG	B	0.22%
FDX	B	0.22%
GEN	B	0.22%
ARMK	B	0.22%
UHS	D	0.22%
FTI	A	0.22%
IP	B	0.22%
WMB	A	0.22%
PVH	C	0.21%
SAIA	B	0.21%
NOW	A	0.21%
CBRE	B	0.21%
ROST	C	0.21%
WCC	B	0.21%
DVA	B	0.21%
COKE	C	0.21%
DECK	A	0.21%
AMAT	F	0.21%
CPAY	A	0.21%
BLD	D	0.21%
PGR	A	0.2%
MAR	B	0.2%
TJX	A	0.2%
FYBR	D	0.2%
MUSA	A	0.19%
SNX	C	0.19%
HLT	A	0.19%
AZO	C	0.19%
CACI	D	0.19%
SNPS	B	0.19%
GEV	B	0.19%
PANW	C	0.18%
CRUS	D	0.18%
EXEL	B	0.18%
TXT	D	0.18%
CTRA	B	0.18%
LUV	C	0.18%
TOST	B	0.18%
HLI	B	0.18%
T	A	0.17%
ANET	C	0.17%
MTZ	B	0.17%
WAB	B	0.17%
J	F	0.17%
PSTG	D	0.17%
MPWR	F	0.17%
CRM	B	0.17%
ULTA	F	0.17%
ADSK	A	0.17%
VTRS	A	0.17%
SAIC	F	0.17%
ODFL	B	0.17%
ORLY	B	0.17%
BRBR	A	0.17%
DVN	F	0.17%
CF	B	0.17%
PYPL	B	0.17%
PWR	A	0.17%
CW	B	0.16%
LYV	A	0.16%
HST	C	0.16%
GEHC	F	0.16%
CE	F	0.16%
UAL	A	0.16%
OMC	C	0.16%
CLH	B	0.16%
CDNS	B	0.16%
GNTX	C	0.15%
KEYS	A	0.15%
HAL	C	0.15%
TTD	B	0.15%
VVV	F	0.15%
CVNA	B	0.15%
IR	B	0.15%
NCLH	B	0.15%
HWM	A	0.15%
LAMR	D	0.15%
PNR	A	0.15%
CVS	D	0.15%
LOPE	B	0.15%
COP	C	0.15%
NVDA	C	0.15%
PSN	D	0.15%
GAP	C	0.15%
BURL	A	0.14%
CMG	B	0.14%
DRI	B	0.14%
TER	D	0.14%
KEX	C	0.14%
CHTR	C	0.14%
EHC	B	0.14%
CARR	D	0.14%
MLM	B	0.14%
JHG	A	0.14%
AAON	B	0.14%
LH	C	0.14%
FND	C	0.14%
WFRD	D	0.14%
PCG	A	0.13%
CNP	B	0.13%
ONTO	D	0.13%
PINS	D	0.13%
OLLI	D	0.13%
WU	D	0.13%
FLS	B	0.13%
BBWI	D	0.13%
ADBE	C	0.13%
DINO	D	0.13%
DXC	B	0.13%
WDAY	B	0.13%
NEU	C	0.13%
EWBC	A	0.13%
BG	F	0.13%
EA	A	0.12%
PSA	D	0.12%
AWI	A	0.12%
SLB	C	0.12%
M	D	0.12%
TEAM	A	0.12%
BWA	D	0.12%
APO	B	0.12%
DLTR	F	0.12%
DTM	B	0.12%
WBD	C	0.12%
NYT	C	0.12%
MTB	A	0.12%
AKAM	D	0.12%
MSCI	C	0.11%
KMI	A	0.11%
GE	D	0.11%
LNW	D	0.11%
OMF	A	0.11%
TPX	B	0.11%
PPL	B	0.11%
JCI	C	0.11%
MHK	D	0.11%
L	A	0.11%
MTDR	B	0.11%
LSCC	D	0.11%
META	D	0.11%
TW	A	0.11%
MEDP	D	0.11%
FI	A	0.11%
CR	A	0.11%
FOXA	B	0.1%
AXP	A	0.1%
JLL	D	0.1%
GNRC	B	0.1%
ALK	C	0.1%
WMS	D	0.1%
BWXT	B	0.1%
HBAN	A	0.1%
NWSA	B	0.1%
CFG	B	0.1%
DOCU	A	0.1%
FCX	D	0.1%
D	C	0.1%
K	A	0.1%
VRTX	F	0.1%
HCA	F	0.1%
ABNB	C	0.1%
DD	D	0.1%
DOX	D	0.1%
IBKR	A	0.1%
TDC	D	0.1%
AMKR	D	0.1%
TYL	B	0.09%
VLTO	D	0.09%
VRSK	A	0.09%
DT	C	0.09%
NBIX	C	0.09%
F	C	0.09%
OXY	D	0.09%
REGN	F	0.09%
GTES	A	0.09%
WWD	B	0.09%
WING	D	0.09%
VICI	C	0.09%
SPOT	B	0.09%
DDOG	A	0.09%
GILD	C	0.09%
X	C	0.09%
ACM	A	0.09%
CROX	D	0.09%
AZEK	A	0.09%
BX	A	0.09%
ROL	B	0.09%
OTIS	C	0.09%
ESAB	B	0.09%
HOG	D	0.09%
SMCI	F	0.09%
CPRT	A	0.09%
FE	C	0.08%
OLED	D	0.08%
KD	B	0.08%
EEFT	B	0.08%
MGM	D	0.08%
OLN	D	0.08%
ON	D	0.08%
CMA	A	0.08%
DE	A	0.08%
ALLE	D	0.08%
MAT	D	0.08%
NVT	B	0.08%
TREX	C	0.08%
EXC	C	0.08%
CIEN	B	0.08%
PLTR	B	0.08%
QRVO	F	0.08%
AME	A	0.07%
RBC	A	0.07%
POST	C	0.07%
DLB	B	0.07%
AMCR	D	0.07%
PNFP	B	0.07%
YETI	C	0.07%
WBS	A	0.07%
AIG	B	0.07%
WYNN	D	0.07%
FTV	C	0.07%
WEX	D	0.07%
ALGN	D	0.07%
MRVL	B	0.07%
ACI	C	0.07%
DOW	F	0.07%
GOOGL	C	0.07%
LEA	D	0.07%
CLF	F	0.07%
GOOG	C	0.07%
BYD	C	0.07%
FHN	A	0.07%
TAP	C	0.07%
APG	B	0.07%
AXON	A	0.07%
AM	A	0.07%
LULU	C	0.07%
COLM	B	0.07%
SSNC	B	0.07%
VNT	B	0.06%
GLOB	B	0.06%
TRGP	B	0.06%
TDY	B	0.06%
VEEV	C	0.06%
GWRE	A	0.06%
UBER	D	0.06%
TNL	A	0.06%
GIS	D	0.06%
AVTR	F	0.06%
WTW	B	0.06%
SF	B	0.06%
OVV	B	0.06%
FBIN	D	0.06%
DUOL	A	0.06%
NOV	C	0.06%
CCL	B	0.06%
TTEK	F	0.06%
GPK	C	0.06%
IDXX	F	0.06%
UHAL	D	0.06%
AVB	B	0.06%
KHC	F	0.06%
SNV	B	0.06%
YUM	B	0.06%
ISRG	A	0.06%
CCK	C	0.06%
ZM	B	0.06%
VSTS	C	0.06%
JWN	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%
PR	B	0.05%
NTRS	A	0.05%
ENTG	D	0.05%
NSC	B	0.05%
XPO	B	0.05%
GO	C	0.05%
LKQ	D	0.05%
FOX	A	0.05%
ANSS	B	0.05%
AAP	C	0.05%
DG	F	0.05%
NTNX	A	0.05%
DV	C	0.05%
EQH	B	0.05%
TDG	D	0.05%
WFC	A	0.05%
BSX	B	0.05%
MTD	D	0.05%
SPB	C	0.05%
EQR	B	0.05%
H	B	0.05%
MTCH	D	0.05%
GPN	B	0.05%
BRK.A	B	0.05%
DLR	B	0.05%
PTC	A	0.05%
ZS	C	0.05%
WY	D	0.05%
SITE	D	0.05%
TMUS	B	0.05%
ATI	D	0.05%
GLPI	C	0.05%
NU	C	0.05%
CPB	D	0.05%
SN	D	0.05%
SLM	A	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	B	0.04%
ARES	A	0.04%
TRU	D	0.04%
PCTY	B	0.04%
SMG	D	0.04%
AR	B	0.04%
UA	C	0.04%
AXTA	A	0.04%
LNG	B	0.04%
EFX	F	0.04%
PPC	C	0.04%
NWL	B	0.04%
DKNG	B	0.04%
BRX	A	0.04%
GTLB	B	0.04%
CC	C	0.04%
LSTR	D	0.04%
IRM	D	0.04%
AMZN	C	0.04%
CTVA	C	0.04%
NFLX	A	0.04%
AAL	B	0.04%
JNPR	F	0.04%
FRPT	B	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%
CIVI	D	0.04%
FSLR	F	0.04%
ESI	A	0.04%
AMD	F	0.03%
UAA	C	0.03%
EQIX	A	0.03%
VRSN	F	0.03%
S	B	0.03%
NSA	D	0.03%
HIW	D	0.03%
CAG	D	0.03%
ZBH	C	0.03%
FIS	C	0.03%
RPRX	D	0.03%
CPT	B	0.03%
DAY	B	0.03%
BFAM	D	0.03%
CXT	B	0.03%
TMO	F	0.03%
TRMB	B	0.03%
APA	D	0.03%
ZI	D	0.03%
OKTA	C	0.03%
TWLO	A	0.03%
KSS	F	0.03%
SCHW	B	0.03%
SMAR	A	0.03%
TRIP	F	0.03%
EW	C	0.03%
CHH	A	0.03%
RRC	B	0.03%
IFF	D	0.03%
APTV	D	0.03%
RNG	B	0.03%
OWL	A	0.03%
FNB	A	0.03%
KDP	D	0.03%
CRBG	B	0.03%
AN	C	0.03%
FCN	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%
LBRDK	C	0.02%
MDB	C	0.02%
REYN	D	0.02%
WELL	A	0.02%
SCCO	F	0.02%
RVTY	F	0.02%
AMED	F	0.02%
RYN	D	0.02%
VOYA	B	0.02%
MIDD	C	0.02%
VFC	C	0.02%
RH	B	0.02%
DOCS	C	0.02%
QGEN	D	0.02%
MTN	C	0.02%
MASI	A	0.02%
FIVE	F	0.02%
PK	B	0.02%
MSTR	C	0.02%
SAM	C	0.02%
BRKR	D	0.02%
BAX	D	0.02%
CCI	D	0.02%
INCY	C	0.02%
BSY	D	0.02%
HOLX	D	0.02%
PLNT	A	0.02%
IPGP	D	0.02%
MSGS	A	0.02%
SBAC	D	0.02%
INVH	D	0.02%
CNH	C	0.02%
PAG	B	0.02%
AMH	D	0.02%
GXO	B	0.02%
MNST	C	0.02%
VNO	B	0.02%
DXCM	D	0.02%
FRT	B	0.02%
KRC	C	0.02%
DIS	B	0.02%
WSC	D	0.02%
ZBRA	B	0.02%
LVS	C	0.02%
BXP	D	0.02%
ARW	D	0.02%
TECH	D	0.02%
KKR	A	0.02%
OHI	C	0.02%
CEG	D	0.01%
EL	F	0.01%
EQT	B	0.01%
SPR	D	0.01%
COIN	C	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%
WAT	B	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%
W	F	0.01%
CNA	B	0.01%
VTR	C	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%
LITE	B	0.01%
LLY	F	0.01%
ACHC	F	0.01%
JEF	A	0.01%
AZTA	D	0.01%
PEGA	A	0.01%
HAYW	B	0.01%
PATH	C	0.01%
SEE	C	0.01%
HUN	F	0.01%
WTM	A	0.01%
ST	F	0.01%
STWD	C	0.01%
WEN	D	0.01%
KNX	B	0.01%
EPR	D	0.01%
PINC	B	0.01%
ROIV	C	0.01%
FHB	A	0.01%
XP	F	0.01%
RYAN	B	0.01%
IAC	D	0.01%
ADTN	A	0.01%
INSP	D	0.01%
CACC	D	0.01%
CTLT	B	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%
VAC	B	0.0%
APPF	B	0.0%

ONEO Underweight 135 Positions Relative to PFM

Symbol	Grade	Weight
ORCL	B	-2.21%
MS	A	-0.94%
PFE	D	-0.61%
EPD	A	-0.29%
MPLX	A	-0.21%
XYL	D	-0.13%
ERIE	D	-0.08%
ENSG	D	-0.04%
AIT	A	-0.04%
TRNO	F	-0.03%
FFIN	B	-0.03%
UMBF	B	-0.03%
SIGI	C	-0.03%
CBT	C	-0.03%
HOMB	A	-0.03%
BMI	B	-0.03%
CADE	B	-0.03%
WBA	F	-0.03%
SSB	B	-0.03%
UFPI	B	-0.03%
WSFS	A	-0.02%
CBU	B	-0.02%
SR	A	-0.02%
MGEE	C	-0.02%
GFF	A	-0.02%
AUB	B	-0.02%
CCOI	B	-0.02%
WDFC	B	-0.02%
BANF	B	-0.02%
ASB	B	-0.02%
FUL	F	-0.02%
CNO	A	-0.02%
BKH	A	-0.02%
IBOC	A	-0.02%
AVNT	B	-0.02%
POR	C	-0.02%
KAI	A	-0.02%
NJR	A	-0.02%
AVT	C	-0.02%
EXPO	D	-0.02%
FELE	B	-0.02%
LANC	C	-0.02%
CNS	B	-0.02%
MATX	C	-0.02%
GATX	A	-0.02%
SWX	B	-0.02%
UBSI	B	-0.02%
BCPC	B	-0.02%
WTS	B	-0.02%
MSEX	B	-0.01%
GABC	B	-0.01%
TR	B	-0.01%
UVV	B	-0.01%
LNN	B	-0.01%
WABC	B	-0.01%
NWN	A	-0.01%
CSGS	B	-0.01%
TCBK	B	-0.01%
STBA	B	-0.01%
SRCE	B	-0.01%
ANDE	D	-0.01%
TNC	D	-0.01%
HMN	B	-0.01%
DKL	C	-0.01%
SCL	C	-0.01%
GTY	B	-0.01%
SJW	D	-0.01%
APOG	B	-0.01%
LKFN	B	-0.01%
NHC	C	-0.01%
CHCO	B	-0.01%
AGM	C	-0.01%
WOR	F	-0.01%
WSBC	A	-0.01%
SYBT	B	-0.01%
HI	C	-0.01%
NBTB	B	-0.01%
LMAT	A	-0.01%
MTRN	C	-0.01%
SXI	B	-0.01%
HNI	B	-0.01%
FRME	B	-0.01%
TOWN	B	-0.01%
HWKN	B	-0.01%
NSP	D	-0.01%
ABR	C	-0.01%
CPK	A	-0.01%
CWT	D	-0.01%
WAFD	B	-0.01%
IOSP	B	-0.01%
AVA	A	-0.01%
INDB	B	-0.01%
SFNC	B	-0.01%
TRN	C	-0.01%
KWR	C	-0.01%
AWR	B	-0.01%
BRC	D	-0.01%
JJSF	B	-0.01%
OTTR	C	-0.01%
NWE	B	-0.01%
POWI	D	-0.01%
FIBK	A	-0.01%
ABM	B	-0.01%
JOUT	D	-0.0%
FLIC	B	-0.0%
ARTNA	D	-0.0%
HVT	D	-0.0%
ODC	C	-0.0%
BMRC	B	-0.0%
CTO	B	-0.0%
YORW	D	-0.0%
AROW	B	-0.0%
UHT	D	-0.0%
THFF	B	-0.0%
PLOW	D	-0.0%
HIFS	B	-0.0%
CASS	B	-0.0%
SPTN	D	-0.0%
WASH	C	-0.0%
MATW	C	-0.0%
GSBC	B	-0.0%
SMBC	B	-0.0%
HY	D	-0.0%
MBWM	B	-0.0%
HBNC	B	-0.0%
MNRO	D	-0.0%
FCBC	B	-0.0%
HFWA	B	-0.0%
SCVL	F	-0.0%
PFC	A	-0.0%
GRC	A	-0.0%
SBSI	B	-0.0%
CTBI	B	-0.0%
TMP	B	-0.0%
AMSF	B	-0.0%