ONEO vs. PHEQ ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to Parametric Hedged Equity ETF (PHEQ)

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

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	PHEQ
30 Days	6.95%	1.99%
60 Days	7.48%	3.02%
90 Days	9.35%	3.86%
12 Months	32.32%	16.61%

189 Overlapping Holdings

	Symbol	Grade	Weight in ONEO	Weight in PHEQ	Overlap
	AAPL	C	0.07%	6.85%	0.07%
	ABBV	D	0.05%	0.85%	0.05%
	ABNB	C	0.1%	0.15%	0.1%
	ABT	B	0.02%	0.6%	0.02%
	ADBE	C	0.13%	0.48%	0.13%
	AEE	A	0.05%	0.3%	0.05%
	AGR	B	0.01%	0.07%	0.01%
	AKAM	D	0.12%	0.16%	0.12%
	ALGN	D	0.07%	0.06%	0.06%
	AMCR	D	0.07%	0.21%	0.07%
	AMD	F	0.03%	0.51%	0.03%
	AME	A	0.07%	0.28%	0.07%
	AMGN	D	0.05%	0.45%	0.05%
	AMZN	C	0.04%	4.1%	0.04%
	APO	B	0.12%	0.3%	0.12%
	APTV	D	0.03%	0.14%	0.03%
	ARE	D	0.01%	0.21%	0.01%
	ARES	A	0.04%	0.25%	0.04%
	AVB	B	0.06%	0.35%	0.06%
	AVGO	D	0.03%	1.71%	0.03%
	AVTR	F	0.06%	0.06%	0.06%
	AXP	A	0.1%	0.57%	0.1%
	BA	F	0.0%	0.32%	0.0%
	BAC	A	0.02%	0.98%	0.02%
	BAH	F	0.11%	0.12%	0.11%
	BKNG	A	0.24%	0.39%	0.24%
	BLDR	D	0.44%	0.08%	0.08%
	BMY	B	0.03%	0.48%	0.03%
	BRK.A	B	0.05%	1.42%	0.05%
	BRO	B	0.15%	0.31%	0.15%
	BSY	D	0.02%	0.04%	0.02%
	CAG	D	0.03%	0.17%	0.03%
	CAT	B	0.17%	0.55%	0.17%
	CE	F	0.16%	0.05%	0.05%
	CFG	B	0.1%	0.26%	0.1%
	CMS	C	0.09%	0.31%	0.09%
	CNP	B	0.13%	0.28%	0.13%
	COIN	C	0.01%	0.12%	0.01%
	COR	B	0.37%	0.3%	0.3%
	COST	B	0.09%	1.07%	0.09%
	CPB	D	0.05%	0.18%	0.05%
	CPNG	D	0.29%	0.03%	0.03%
	CRM	B	0.17%	0.63%	0.17%
	CRWD	B	0.23%	0.17%	0.17%
	CSCO	B	0.08%	0.79%	0.08%
	CSL	C	0.2%	0.18%	0.18%
	CTAS	B	0.12%	0.42%	0.12%
	CVX	A	0.05%	0.84%	0.05%
	DAL	C	0.57%	0.39%	0.39%
	DASH	A	0.47%	0.13%	0.13%
	DDOG	A	0.09%	0.13%	0.09%
	DE	A	0.08%	0.44%	0.08%
	DELL	C	0.26%	0.14%	0.14%
	DIS	B	0.02%	0.57%	0.02%
	DKNG	B	0.04%	0.07%	0.04%
	DOC	D	0.01%	0.29%	0.01%
	DOV	A	0.11%	0.33%	0.11%
	DOX	D	0.1%	0.09%	0.09%
	DRI	B	0.14%	0.3%	0.14%
	DTE	C	0.06%	0.31%	0.06%
	DVN	F	0.17%	0.17%	0.17%
	EQR	B	0.05%	0.32%	0.05%
	ESS	B	0.05%	0.19%	0.05%
	ETR	B	0.27%	0.4%	0.27%
	EXPD	D	0.08%	0.23%	0.08%
	EXR	D	0.05%	0.32%	0.05%
	FANG	D	0.52%	0.24%	0.24%
	FCNCA	A	0.47%	0.13%	0.13%
	FE	C	0.08%	0.24%	0.08%
	GLW	B	0.05%	0.25%	0.05%
	GOOG	C	0.07%	1.9%	0.07%
	GOOGL	C	0.07%	2.28%	0.07%
	HAL	C	0.15%	0.16%	0.15%
	HBAN	A	0.1%	0.31%	0.1%
	HD	A	0.05%	1.15%	0.05%
	HEI	B	0.01%	0.22%	0.01%
	HEI	B	0.01%	0.22%	0.01%
	HEI	B	0.01%	0.14%	0.01%
	HEI	B	0.01%	0.14%	0.01%
	HIG	B	0.32%	0.33%	0.32%
	HUBB	B	0.09%	0.13%	0.09%
	HUBS	A	0.06%	0.14%	0.06%
	HWM	A	0.15%	0.36%	0.15%
	IBKR	A	0.1%	0.11%	0.1%
	IBM	C	0.2%	0.56%	0.2%
	IFF	D	0.03%	0.16%	0.03%
	ISRG	A	0.06%	0.58%	0.06%
	JBHT	C	0.06%	0.24%	0.06%
	JNJ	D	0.03%	1.04%	0.03%
	JPM	A	0.01%	1.73%	0.01%
	K	A	0.1%	0.34%	0.1%
	KKR	A	0.02%	0.46%	0.02%
	KLAC	D	0.27%	0.34%	0.27%
	KMB	D	0.11%	0.33%	0.11%
	KO	D	0.02%	0.77%	0.02%
	L	A	0.11%	0.24%	0.11%
	LH	C	0.14%	0.31%	0.14%
	LII	A	0.18%	0.25%	0.18%
	LIN	D	0.05%	0.67%	0.05%
	LLY	F	0.01%	1.39%	0.01%
	LMT	D	0.07%	0.58%	0.07%
	LNG	B	0.04%	0.22%	0.04%
	LNT	A	0.05%	0.33%	0.05%
	LOW	D	0.1%	0.57%	0.1%
	LPLA	A	0.34%	0.05%	0.05%
	LRCX	F	0.28%	0.29%	0.28%
	LULU	C	0.07%	0.21%	0.07%
	LYB	F	0.1%	0.22%	0.1%
	MA	C	0.04%	1.14%	0.04%
	MAA	B	0.03%	0.27%	0.03%
	MDT	D	0.04%	0.51%	0.04%
	META	D	0.11%	2.66%	0.11%
	MGM	D	0.08%	0.13%	0.08%
	MKL	A	0.27%	0.23%	0.23%
	MMM	D	0.05%	0.44%	0.05%
	MOH	F	0.24%	0.14%	0.14%
	MRK	F	0.01%	0.69%	0.01%
	MRO	B	0.28%	0.24%	0.24%
	MRVL	B	0.07%	0.25%	0.07%
	MSFT	F	0.13%	6.55%	0.13%
	MSTR	C	0.02%	0.2%	0.02%
	NDAQ	A	0.07%	0.24%	0.07%
	NDSN	B	0.03%	0.14%	0.03%
	NET	B	0.01%	0.07%	0.01%
	NFLX	A	0.04%	0.8%	0.04%
	NOW	A	0.21%	0.61%	0.21%
	NVDA	C	0.15%	7.12%	0.15%
	OKTA	C	0.03%	0.04%	0.03%
	ON	D	0.08%	0.14%	0.08%
	OTIS	C	0.09%	0.33%	0.09%
	OWL	A	0.03%	0.05%	0.03%
	PANW	C	0.18%	0.3%	0.18%
	PEP	F	0.02%	0.72%	0.02%
	PFG	D	0.03%	0.2%	0.03%
	PG	A	0.02%	1.09%	0.02%
	PHM	D	0.79%	0.3%	0.3%
	PINS	D	0.13%	0.03%	0.03%
	PLTR	B	0.08%	0.36%	0.08%
	PPG	F	0.04%	0.18%	0.04%
	PPL	B	0.11%	0.34%	0.11%
	PRU	A	0.07%	0.37%	0.07%
	PYPL	B	0.17%	0.28%	0.17%
	QCOM	F	0.14%	0.33%	0.14%
	REGN	F	0.09%	0.21%	0.09%
	RKT	F	0.01%	0.03%	0.01%
	RMD	C	0.05%	0.24%	0.05%
	ROST	C	0.21%	0.32%	0.21%
	RPRX	D	0.03%	0.04%	0.03%
	RSG	A	0.11%	0.34%	0.11%
	SCCO	F	0.02%	0.07%	0.02%
	SCHW	B	0.03%	0.35%	0.03%
	SNOW	C	0.03%	0.06%	0.03%
	SPOT	B	0.09%	0.19%	0.09%
	SQ	B	0.03%	0.12%	0.03%
	SSNC	B	0.07%	0.21%	0.07%
	STLD	B	0.44%	0.11%	0.11%
	SYF	B	0.54%	0.27%	0.27%
	T	A	0.17%	0.68%	0.17%
	TEAM	A	0.12%	0.06%	0.06%
	TMO	F	0.03%	0.59%	0.03%
	TMUS	B	0.05%	0.51%	0.05%
	TRGP	B	0.06%	0.46%	0.06%
	TRU	D	0.04%	0.09%	0.04%
	TRV	B	0.16%	0.39%	0.16%
	TTD	B	0.15%	0.18%	0.15%
	TW	A	0.11%	0.11%	0.11%
	TXN	C	0.06%	0.59%	0.06%
	UBER	D	0.06%	0.29%	0.06%
	ULTA	F	0.17%	0.23%	0.17%
	UNH	C	0.03%	1.37%	0.03%
	UNP	C	0.04%	0.52%	0.04%
	URI	B	0.45%	0.24%	0.24%
	V	A	0.02%	1.28%	0.02%
	VEEV	C	0.06%	0.1%	0.06%
	VRT	B	0.26%	0.1%	0.1%
	VRTX	F	0.1%	0.36%	0.1%
	WBD	C	0.12%	0.18%	0.12%
	WDAY	B	0.13%	0.13%	0.13%
	WFC	A	0.05%	0.67%	0.05%
	WLK	D	0.05%	0.04%	0.04%
	WM	A	0.12%	0.44%	0.12%
	WMT	A	0.03%	0.96%	0.03%
	WRB	A	0.19%	0.21%	0.19%
	WSM	B	0.45%	0.02%	0.02%
	XOM	B	0.03%	1.4%	0.03%
	YUM	B	0.06%	0.33%	0.06%
	ZBH	C	0.03%	0.14%	0.03%
	ZM	B	0.06%	0.18%	0.06%
	ZS	C	0.05%	0.08%	0.05%

ONEO Overweight 701 Positions Relative to PHEQ

	Symbol	Grade	Weight
	APP	B	1.01%
	VST	B	0.86%
	EXPE	B	0.82%
	MCK	B	0.73%
	GDDY	A	0.68%
	LEN	D	0.66%
	CAH	B	0.6%
	ACGL	D	0.6%
	DHI	D	0.58%
	FTNT	C	0.56%
	JBL	B	0.55%
	TOL	B	0.55%
	CASY	A	0.53%
	PFGC	B	0.45%
	OC	A	0.45%
	EME	C	0.44%
	LDOS	C	0.43%
	DKS	C	0.42%
	BJ	A	0.41%
	CMI	A	0.41%
	NTAP	C	0.41%
	ALSN	B	0.38%
	NUE	C	0.38%
	CTSH	B	0.38%
	RCL	A	0.37%
	CNC	D	0.37%
	CINF	A	0.37%
	PAYC	B	0.37%
	RNR	C	0.37%
	FFIV	B	0.36%
	THC	D	0.35%
	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%
	MO	A	0.32%
	CBOE	B	0.32%
	COF	B	0.32%
	KNSL	B	0.31%
	HRB	D	0.31%
	USFD	A	0.31%
	FIX	A	0.3%
	EG	C	0.3%
	SPG	B	0.3%
	HUM	C	0.29%
	MPC	D	0.29%
	ADM	D	0.29%
	RL	B	0.29%
	TXRH	C	0.28%
	VLO	C	0.28%
	AYI	B	0.28%
	SWKS	F	0.28%
	EBAY	D	0.27%
	CNM	D	0.27%
	NRG	B	0.27%
	UTHR	C	0.27%
	EPAM	C	0.27%
	SNA	A	0.27%
	GRMN	B	0.27%
	IT	C	0.27%
	EVR	B	0.26%
	EXP	A	0.26%
	MANH	D	0.26%
	TPL	A	0.25%
	ITT	A	0.25%
	SKX	D	0.25%
	GWW	B	0.25%
	TSN	B	0.25%
	CI	F	0.25%
	TSCO	D	0.25%
	DBX	B	0.24%
	CHRD	D	0.24%
	BKR	B	0.24%
	PEG	A	0.24%
	MTG	C	0.24%
	INGR	B	0.24%
	SYY	B	0.23%
	HPE	B	0.23%
	RS	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%
	CBRE	B	0.21%
	WCC	B	0.21%
	DVA	B	0.21%
	AFL	B	0.21%
	COKE	C	0.21%
	DECK	A	0.21%
	AMAT	F	0.21%
	APH	A	0.21%
	CPAY	A	0.21%
	BLD	D	0.21%
	PGR	A	0.2%
	MAR	B	0.2%
	TJX	A	0.2%
	PKG	A	0.2%
	FYBR	D	0.2%
	DFS	B	0.2%
	MSI	B	0.2%
	MAS	D	0.2%
	MUSA	A	0.19%
	SNX	C	0.19%
	HLT	A	0.19%
	R	B	0.19%
	AZO	C	0.19%
	CB	C	0.19%
	OSK	B	0.19%
	CACI	D	0.19%
	SNPS	B	0.19%
	INTU	C	0.19%
	GEV	B	0.19%
	ATO	A	0.18%
	CRUS	D	0.18%
	EXEL	B	0.18%
	TT	A	0.18%
	TXT	D	0.18%
	CTRA	B	0.18%
	FAST	B	0.18%
	LUV	C	0.18%
	TOST	B	0.18%
	HLI	B	0.18%
	BBY	D	0.18%
	ANET	C	0.17%
	MTZ	B	0.17%
	WAB	B	0.17%
	SSD	D	0.17%
	J	F	0.17%
	PSTG	D	0.17%
	MPWR	F	0.17%
	GL	B	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%
	AGO	B	0.17%
	BR	A	0.17%
	CF	B	0.17%
	PWR	A	0.17%
	CL	D	0.16%
	EMN	D	0.16%
	CW	B	0.16%
	HPQ	B	0.16%
	WSO	A	0.16%
	LYV	A	0.16%
	HST	C	0.16%
	GEHC	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%
	PSX	C	0.15%
	PAYX	C	0.15%
	VVV	F	0.15%
	CVNA	B	0.15%
	IR	B	0.15%
	AOS	F	0.15%
	NCLH	B	0.15%
	A	D	0.15%
	LAMR	D	0.15%
	GD	F	0.15%
	FDS	B	0.15%
	PNR	A	0.15%
	ELV	F	0.15%
	CVS	D	0.15%
	LOPE	B	0.15%
	COP	C	0.15%
	PSN	D	0.15%
	GAP	C	0.15%
	HII	D	0.14%
	BURL	A	0.14%
	CMG	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%
	UNM	A	0.14%
	SRE	A	0.14%
	FND	C	0.14%
	WFRD	D	0.14%
	PCG	A	0.13%
	ONTO	D	0.13%
	MMC	B	0.13%
	SHW	A	0.13%
	MCO	B	0.13%
	EIX	B	0.13%
	OLLI	D	0.13%
	WU	D	0.13%
	FLS	B	0.13%
	BBWI	D	0.13%
	DINO	D	0.13%
	DXC	B	0.13%
	NEU	C	0.13%
	EWBC	A	0.13%
	ROK	B	0.13%
	FITB	A	0.13%
	BG	F	0.13%
	TGT	F	0.13%
	EA	A	0.12%
	PSA	D	0.12%
	AWI	A	0.12%
	SLB	C	0.12%
	M	D	0.12%
	BWA	D	0.12%
	DLTR	F	0.12%
	TROW	B	0.12%
	SEIC	B	0.12%
	DTM	B	0.12%
	PRI	A	0.12%
	LECO	B	0.12%
	DPZ	C	0.12%
	NXST	C	0.12%
	NYT	C	0.12%
	MTB	A	0.12%
	VMC	B	0.12%
	AEP	D	0.12%
	RPM	A	0.12%
	VZ	C	0.12%
	MSCI	C	0.11%
	CDW	F	0.11%
	KMI	A	0.11%
	THO	B	0.11%
	GE	D	0.11%
	ED	D	0.11%
	NFG	A	0.11%
	LNW	D	0.11%
	OMF	A	0.11%
	TPX	B	0.11%
	JCI	C	0.11%
	MHK	D	0.11%
	ADI	D	0.11%
	CHD	B	0.11%
	MTDR	B	0.11%
	DUK	C	0.11%
	AFG	A	0.11%
	LSCC	D	0.11%
	MCHP	D	0.11%
	MEDP	D	0.11%
	FI	A	0.11%
	GPC	D	0.11%
	DCI	B	0.11%
	CR	A	0.11%
	NI	A	0.11%
	FOXA	B	0.1%
	POOL	C	0.1%
	JLL	D	0.1%
	GNRC	B	0.1%
	ALK	C	0.1%
	WMS	D	0.1%
	BWXT	B	0.1%
	FNF	B	0.1%
	NWSA	B	0.1%
	AIZ	A	0.1%
	DOCU	A	0.1%
	BK	A	0.1%
	FCX	D	0.1%
	D	C	0.1%
	DGX	A	0.1%
	HCA	F	0.1%
	XEL	A	0.1%
	AMP	A	0.1%
	DD	D	0.1%
	RGA	A	0.1%
	ATR	B	0.1%
	TDC	D	0.1%
	AMKR	D	0.1%
	ORI	A	0.1%
	RF	A	0.1%
	TYL	B	0.09%
	VLTO	D	0.09%
	VRSK	A	0.09%
	DT	C	0.09%
	NBIX	C	0.09%
	PNC	B	0.09%
	SO	D	0.09%
	F	C	0.09%
	OXY	D	0.09%
	GTES	A	0.09%
	WWD	B	0.09%
	WING	D	0.09%
	VICI	C	0.09%
	AVY	D	0.09%
	CMCSA	B	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%
	KEY	B	0.09%
	ESAB	B	0.09%
	HOG	D	0.09%
	WST	C	0.09%
	SMCI	F	0.09%
	CPRT	A	0.09%
	OLED	D	0.08%
	KD	B	0.08%
	EEFT	B	0.08%
	ETN	A	0.08%
	OLN	D	0.08%
	RLI	B	0.08%
	CMA	A	0.08%
	ADP	B	0.08%
	ALLE	D	0.08%
	MAT	D	0.08%
	RGLD	C	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%
	QRVO	F	0.08%
	PM	B	0.08%
	RBC	A	0.07%
	CSX	B	0.07%
	POST	C	0.07%
	DLB	B	0.07%
	USB	A	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%
	ZION	B	0.07%
	ITW	B	0.07%
	ECL	D	0.07%
	ACI	C	0.07%
	DOW	F	0.07%
	LEA	D	0.07%
	WTFC	A	0.07%
	CLF	F	0.07%
	APD	A	0.07%
	EVRG	A	0.07%
	OZK	B	0.07%
	BYD	C	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%
	COLM	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%
	GWRE	A	0.06%
	JKHY	D	0.06%
	DDS	B	0.06%
	TNL	A	0.06%
	GIS	D	0.06%
	AXS	A	0.06%
	CHE	D	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	B	0.06%
	TTEK	F	0.06%
	GPK	C	0.06%
	IDXX	F	0.06%
	UHAL	D	0.06%
	SCI	B	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%
	CCK	C	0.06%
	IEX	B	0.06%
	CUBE	D	0.06%
	VSTS	C	0.06%
	JWN	C	0.06%
	BLK	C	0.06%
	BALL	D	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%
	TKR	D	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%
	UPS	C	0.05%
	ANSS	B	0.05%
	AAP	C	0.05%
	DG	F	0.05%
	FLO	D	0.05%
	NTNX	A	0.05%
	DV	C	0.05%
	EQH	B	0.05%
	TDG	D	0.05%
	IPG	D	0.05%
	BSX	B	0.05%
	MTD	D	0.05%
	SPB	C	0.05%
	SYK	C	0.05%
	MDLZ	F	0.05%
	LHX	C	0.05%
	H	B	0.05%
	MTCH	D	0.05%
	GPN	B	0.05%
	DLR	B	0.05%
	PTC	A	0.05%
	WY	D	0.05%
	SITE	D	0.05%
	ATI	D	0.05%
	GLPI	C	0.05%
	ACN	C	0.05%
	MDU	D	0.05%
	NU	C	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	B	0.04%
	PCTY	B	0.04%
	ZTS	D	0.04%
	HON	B	0.04%
	AJG	B	0.04%
	CME	A	0.04%
	ALL	A	0.04%
	SMG	D	0.04%
	AR	B	0.04%
	UA	C	0.04%
	AXTA	A	0.04%
	NNN	D	0.04%
	EFX	F	0.04%
	PPC	C	0.04%
	NWL	B	0.04%
	NEE	D	0.04%
	STT	A	0.04%
	BRX	A	0.04%
	BC	C	0.04%
	GTLB	B	0.04%
	CC	C	0.04%
	LSTR	D	0.04%
	IRM	D	0.04%
	CTVA	C	0.04%
	STE	F	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%
	UAA	C	0.03%
	EQIX	A	0.03%
	VRSN	F	0.03%
	S	B	0.03%
	NSA	D	0.03%
	HIW	D	0.03%
	RJF	A	0.03%
	ELS	C	0.03%
	FIS	C	0.03%
	IDA	A	0.03%
	CPT	B	0.03%
	DAY	B	0.03%
	ICE	C	0.03%
	BFAM	D	0.03%
	CXT	B	0.03%
	AWK	D	0.03%
	TRMB	B	0.03%
	SPGI	C	0.03%
	APA	D	0.03%
	PRGO	B	0.03%
	SLGN	A	0.03%
	ZI	D	0.03%
	TWLO	A	0.03%
	KSS	F	0.03%
	SMAR	A	0.03%
	TRIP	F	0.03%
	TFC	A	0.03%
	SON	D	0.03%
	EW	C	0.03%
	CBSH	A	0.03%
	LFUS	F	0.03%
	CHH	A	0.03%
	RRC	B	0.03%
	MAN	D	0.03%
	RNG	B	0.03%
	NKE	D	0.03%
	MKTX	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%
	FCN	D	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%
	WPC	D	0.03%
	FTRE	D	0.03%
	VIRT	B	0.03%
	IQV	D	0.03%
	CELH	F	0.03%
	MOS	F	0.03%
	CHDN	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%
	WELL	A	0.02%
	FAF	A	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%
	DOCS	C	0.02%
	QGEN	D	0.02%
	MTN	C	0.02%
	FR	C	0.02%
	MASI	A	0.02%
	CHRW	C	0.02%
	PB	A	0.02%
	FIVE	F	0.02%
	PK	B	0.02%
	SAM	C	0.02%
	BRKR	D	0.02%
	EGP	F	0.02%
	BAX	D	0.02%
	CCI	D	0.02%
	THG	A	0.02%
	MSA	D	0.02%
	INCY	C	0.02%
	HOLX	D	0.02%
	PLNT	A	0.02%
	IPGP	D	0.02%
	MSGS	A	0.02%
	SBAC	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%
	GS	A	0.02%
	BDX	F	0.02%
	WSC	D	0.02%
	ZBRA	B	0.02%
	LVS	C	0.02%
	UDR	B	0.02%
	HSY	F	0.02%
	BXP	D	0.02%
	ARW	D	0.02%
	REG	B	0.02%
	TECH	D	0.02%
	OHI	C	0.02%
	MCD	D	0.02%
	CEG	D	0.01%
	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%
	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%
	SEB	F	0.01%
	PII	D	0.01%
	W	F	0.01%
	CNA	B	0.01%
	VTR	C	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%
	LITE	B	0.01%
	AMT	D	0.01%
	ACHC	F	0.01%
	JEF	A	0.01%
	O	D	0.01%
	AZTA	D	0.01%
	PEGA	A	0.01%
	CFR	B	0.01%
	HAYW	B	0.01%
	PATH	C	0.01%
	SEE	C	0.01%
	ADC	B	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%
	EMR	A	0.01%
	IAC	D	0.01%
	ADTN	A	0.01%
	INSP	D	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%
	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%
	APPF	B	0.0%

ONEO Underweight 16 Positions Relative to PHEQ

	Symbol	Grade	Weight
	TSLA	B	-1.91%
	ORCL	B	-0.73%
	MS	A	-0.39%
	MU	D	-0.31%
	MELI	D	-0.25%
	NEM	D	-0.23%
	ALNY	D	-0.13%
	RBLX	C	-0.12%
	SUI	D	-0.1%
	YUMC	C	-0.07%
	SNAP	C	-0.05%
	ILMN	D	-0.05%
	SIRI	C	-0.03%
	ENPH	F	-0.03%
	WMG	C	-0.02%
	MRNA	F	-0.01%

ONEO: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Business Services Utilities - Regulated Electric Asset Management Oil & Gas E&P Semiconductors Specialty Retail Capital Markets Diagnostics & Research Insurance - Property & Casualty Packaged Foods Software - Infrastructure Specialty Chemicals Aerospace & Defense Biotechnology Information Technology Services Packaging & Containers Building Materials

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Electronics Bank Banking Electricity Real Estate Investment Trust Chemical Aerospace Mining Telecommunications Dow Jones Component Semiconductor Insurance Products Medicine Plastic Beverage

PHEQ: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Drug Manufacturers - Major Internet Content & Information Specialty Chemicals Utilities - Regulated Electric Biotechnology Capital Markets Credit Services Diversified Industrials REIT - Residential Asset Management Insurance - Property & Casualty Medical Devices Specialty Retail Aerospace & Defense Banks - Global Banks - Regional - US Business Services

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Natural Gas Work From Home Electronics Cloud Computing Mobile Devices Electricity IBD 50 Cloud Infrastructure Medicine Software Bank Financial Products Insurance Pharmaceutical Products Real Estate Investment Trust Software As A Service