ONEO vs. QVML ETF Comparison

Comparison of SPDR Russell 1000 Momentum Focus ETF (ONEO) to Invesco S&P 500 QVM Multi-factor ETF (QVML)

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

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.16

Average Daily Volume

1,434

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

Performance

Period	ONEO	QVML
30 Days	6.95%	2.51%
60 Days	7.48%	4.26%
90 Days	9.35%	5.72%
12 Months	32.32%	32.76%

437 Overlapping Holdings

	Symbol	Grade	Weight in ONEO	Weight in QVML	Overlap
	A	D	0.15%	0.08%	0.08%
	AAPL	C	0.07%	7.12%	0.07%
	ABBV	D	0.05%	0.64%	0.05%
	ABNB	C	0.1%	0.13%	0.1%
	ABT	B	0.02%	0.41%	0.02%
	ACGL	D	0.6%	0.08%	0.08%
	ACN	C	0.05%	0.47%	0.05%
	ADBE	C	0.13%	0.49%	0.13%
	ADI	D	0.11%	0.23%	0.11%
	ADM	D	0.29%	0.06%	0.06%
	ADP	B	0.08%	0.26%	0.08%
	ADSK	A	0.17%	0.14%	0.14%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.12%	0.1%	0.1%
	AFL	B	0.21%	0.12%	0.12%
	AIG	B	0.07%	0.11%	0.07%
	AIZ	A	0.1%	0.03%	0.03%
	AJG	B	0.04%	0.13%	0.04%
	AKAM	D	0.12%	0.03%	0.03%
	ALGN	D	0.07%	0.03%	0.03%
	ALL	A	0.04%	0.11%	0.04%
	ALLE	D	0.08%	0.03%	0.03%
	AMAT	F	0.21%	0.34%	0.21%
	AMCR	D	0.07%	0.03%	0.03%
	AMD	F	0.03%	0.47%	0.03%
	AME	A	0.07%	0.1%	0.07%
	AMP	A	0.1%	0.12%	0.1%
	AMZN	C	0.04%	3.94%	0.04%
	ANET	C	0.17%	0.21%	0.17%
	ANSS	B	0.05%	0.06%	0.05%
	AON	A	0.07%	0.17%	0.07%
	AOS	F	0.15%	0.02%	0.02%
	APA	D	0.03%	0.02%	0.02%
	APH	A	0.21%	0.2%	0.2%
	APTV	D	0.03%	0.03%	0.03%
	ARE	D	0.01%	0.04%	0.01%
	ATO	A	0.18%	0.04%	0.04%
	AVB	B	0.06%	0.07%	0.06%
	AVGO	D	0.03%	1.61%	0.03%
	AVY	D	0.09%	0.03%	0.03%
	AWK	D	0.03%	0.05%	0.03%
	AXON	A	0.07%	0.09%	0.07%
	AXP	A	0.1%	0.35%	0.1%
	AZO	C	0.19%	0.12%	0.12%
	BAC	A	0.02%	0.69%	0.02%
	BALL	D	0.06%	0.04%	0.04%
	BAX	D	0.02%	0.03%	0.02%
	BBY	D	0.18%	0.04%	0.04%
	BDX	F	0.02%	0.14%	0.02%
	BEN	C	0.02%	0.01%	0.01%
	BG	F	0.13%	0.03%	0.03%
	BK	A	0.1%	0.12%	0.1%
	BKNG	A	0.24%	0.36%	0.24%
	BKR	B	0.24%	0.1%	0.1%
	BLDR	D	0.44%	0.05%	0.05%
	BLK	C	0.06%	0.32%	0.06%
	BR	A	0.17%	0.06%	0.06%
	BRK.A	B	0.05%	1.87%	0.05%
	BRO	B	0.15%	0.06%	0.06%
	BSX	B	0.05%	0.27%	0.05%
	BWA	D	0.12%	0.02%	0.02%
	BX	A	0.09%	0.27%	0.09%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.01%	0.3%	0.01%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.6%	0.06%	0.06%
	CARR	D	0.14%	0.13%	0.13%
	CAT	B	0.17%	0.42%	0.17%
	CB	C	0.19%	0.25%	0.19%
	CBOE	B	0.32%	0.04%	0.04%
	CBRE	B	0.21%	0.08%	0.08%
	CCL	B	0.06%	0.05%	0.05%
	CDNS	B	0.16%	0.18%	0.16%
	CDW	F	0.11%	0.05%	0.05%
	CE	F	0.16%	0.02%	0.02%
	CEG	D	0.01%	0.16%	0.01%
	CF	B	0.17%	0.04%	0.04%
	CFG	B	0.1%	0.05%	0.05%
	CHD	B	0.11%	0.05%	0.05%
	CHRW	C	0.02%	0.03%	0.02%
	CHTR	C	0.14%	0.09%	0.09%
	CI	F	0.25%	0.2%	0.2%
	CINF	A	0.37%	0.05%	0.05%
	CL	D	0.16%	0.16%	0.16%
	CMCSA	B	0.09%	0.37%	0.09%
	CME	A	0.04%	0.17%	0.04%
	CMG	B	0.14%	0.17%	0.14%
	CMI	A	0.41%	0.11%	0.11%
	CMS	C	0.09%	0.04%	0.04%
	CNC	D	0.37%	0.07%	0.07%
	CNP	B	0.13%	0.04%	0.04%
	COF	B	0.32%	0.16%	0.16%
	COP	C	0.15%	0.31%	0.15%
	COR	B	0.37%	0.09%	0.09%
	COST	B	0.09%	0.85%	0.09%
	CPAY	A	0.21%	0.06%	0.06%
	CPB	D	0.05%	0.02%	0.02%
	CPRT	A	0.09%	0.11%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	C	0.03%	0.02%	0.02%
	CRM	B	0.17%	0.69%	0.17%
	CRWD	B	0.23%	0.18%	0.18%
	CSCO	B	0.08%	0.51%	0.08%
	CSGP	D	0.02%	0.06%	0.02%
	CSX	B	0.07%	0.15%	0.07%
	CTAS	B	0.12%	0.15%	0.12%
	CTRA	B	0.18%	0.04%	0.04%
	CTSH	B	0.38%	0.09%	0.09%
	CTVA	C	0.04%	0.09%	0.04%
	CVS	D	0.15%	0.15%	0.15%
	CVX	A	0.05%	0.63%	0.05%
	CZR	F	0.01%	0.02%	0.01%
	D	C	0.1%	0.1%	0.1%
	DAL	C	0.57%	0.08%	0.08%
	DAY	B	0.03%	0.03%	0.03%
	DD	D	0.1%	0.08%	0.08%
	DE	A	0.08%	0.21%	0.08%
	DECK	A	0.21%	0.06%	0.06%
	DFS	B	0.2%	0.1%	0.1%
	DG	F	0.05%	0.04%	0.04%
	DGX	A	0.1%	0.04%	0.04%
	DHI	D	0.58%	0.1%	0.1%
	DHR	F	0.02%	0.33%	0.02%
	DIS	B	0.02%	0.43%	0.02%
	DLR	B	0.05%	0.12%	0.05%
	DLTR	F	0.12%	0.04%	0.04%
	DOC	D	0.01%	0.03%	0.01%
	DOV	A	0.11%	0.06%	0.06%
	DOW	F	0.07%	0.07%	0.07%
	DRI	B	0.14%	0.04%	0.04%
	DTE	C	0.06%	0.05%	0.05%
	DUK	C	0.11%	0.18%	0.11%
	DVA	B	0.21%	0.02%	0.02%
	DVN	F	0.17%	0.06%	0.06%
	EA	A	0.12%	0.09%	0.09%
	EBAY	D	0.27%	0.06%	0.06%
	ECL	D	0.07%	0.13%	0.07%
	ED	D	0.11%	0.07%	0.07%
	EFX	F	0.04%	0.07%	0.04%
	EG	C	0.3%	0.04%	0.04%
	EIX	B	0.13%	0.07%	0.07%
	ELV	F	0.15%	0.2%	0.15%
	EMN	D	0.16%	0.03%	0.03%
	EMR	A	0.01%	0.16%	0.01%
	EOG	A	0.33%	0.18%	0.18%
	EPAM	C	0.27%	0.03%	0.03%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.01%	0.05%	0.01%
	ES	D	0.02%	0.05%	0.02%
	ESS	B	0.05%	0.04%	0.04%
	ETN	A	0.08%	0.31%	0.08%
	ETR	B	0.27%	0.07%	0.07%
	EVRG	A	0.07%	0.03%	0.03%
	EW	C	0.03%	0.09%	0.03%
	EXC	C	0.08%	0.08%	0.08%
	EXPD	D	0.08%	0.04%	0.04%
	EXPE	B	0.82%	0.05%	0.05%
	EXR	D	0.05%	0.07%	0.05%
	F	C	0.09%	0.1%	0.09%
	FANG	D	0.52%	0.08%	0.08%
	FAST	B	0.18%	0.1%	0.1%
	FCX	D	0.1%	0.14%	0.1%
	FDS	B	0.15%	0.04%	0.04%
	FDX	B	0.22%	0.15%	0.15%
	FE	C	0.08%	0.04%	0.04%
	FFIV	B	0.36%	0.03%	0.03%
	FI	A	0.11%	0.26%	0.11%
	FIS	C	0.03%	0.1%	0.03%
	FITB	A	0.13%	0.07%	0.07%
	FMC	D	0.01%	0.02%	0.01%
	FOXA	B	0.1%	0.04%	0.04%
	FRT	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.56%	0.13%	0.13%
	FTV	C	0.07%	0.06%	0.06%
	GD	F	0.15%	0.14%	0.14%
	GDDY	A	0.68%	0.06%	0.06%
	GE	D	0.11%	0.43%	0.11%
	GEHC	F	0.16%	0.07%	0.07%
	GEN	B	0.22%	0.04%	0.04%
	GEV	B	0.19%	0.18%	0.18%
	GILD	C	0.09%	0.24%	0.09%
	GIS	D	0.06%	0.08%	0.06%
	GL	B	0.17%	0.02%	0.02%
	GLW	B	0.05%	0.08%	0.05%
	GM	B	0.33%	0.15%	0.15%
	GNRC	B	0.1%	0.03%	0.03%
	GOOG	C	0.07%	4.33%	0.07%
	GPC	D	0.11%	0.04%	0.04%
	GPN	B	0.05%	0.06%	0.05%
	GRMN	B	0.27%	0.07%	0.07%
	GS	A	0.02%	0.43%	0.02%
	GWW	B	0.25%	0.11%	0.11%
	HAL	C	0.15%	0.06%	0.06%
	HBAN	A	0.1%	0.06%	0.06%
	HCA	F	0.1%	0.14%	0.1%
	HD	A	0.05%	0.84%	0.05%
	HES	B	0.05%	0.09%	0.05%
	HIG	B	0.32%	0.07%	0.07%
	HII	D	0.14%	0.02%	0.02%
	HOLX	D	0.02%	0.04%	0.02%
	HON	B	0.04%	0.32%	0.04%
	HPE	B	0.23%	0.07%	0.07%
	HPQ	B	0.16%	0.07%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	B	0.01%	0.02%	0.01%
	HST	C	0.16%	0.03%	0.03%
	HSY	F	0.02%	0.05%	0.02%
	HUBB	B	0.09%	0.05%	0.05%
	HUM	C	0.29%	0.08%	0.08%
	HWM	A	0.15%	0.09%	0.09%
	IBM	C	0.2%	0.39%	0.2%
	ICE	C	0.03%	0.19%	0.03%
	IDXX	F	0.06%	0.07%	0.06%
	IEX	B	0.06%	0.04%	0.04%
	IFF	D	0.03%	0.05%	0.03%
	INCY	C	0.02%	0.03%	0.02%
	INTC	D	0.02%	0.25%	0.02%
	INTU	C	0.19%	0.4%	0.19%
	INVH	D	0.02%	0.04%	0.02%
	IP	B	0.22%	0.04%	0.04%
	IPG	D	0.05%	0.02%	0.02%
	IQV	D	0.03%	0.08%	0.03%
	IR	B	0.15%	0.09%	0.09%
	ISRG	A	0.06%	0.4%	0.06%
	IT	C	0.27%	0.09%	0.09%
	ITW	B	0.07%	0.16%	0.07%
	IVZ	B	0.01%	0.02%	0.01%
	J	F	0.17%	0.04%	0.04%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	B	0.55%	0.03%	0.03%
	JCI	C	0.11%	0.12%	0.11%
	JKHY	D	0.06%	0.03%	0.03%
	JNJ	D	0.03%	0.77%	0.03%
	JNPR	F	0.04%	0.03%	0.03%
	JPM	A	0.01%	1.59%	0.01%
	K	A	0.1%	0.05%	0.05%
	KDP	D	0.03%	0.07%	0.03%
	KEY	B	0.09%	0.04%	0.04%
	KEYS	A	0.15%	0.06%	0.06%
	KHC	F	0.06%	0.05%	0.05%
	KIM	A	0.04%	0.03%	0.03%
	KKR	A	0.02%	0.22%	0.02%
	KLAC	D	0.27%	0.2%	0.2%
	KMB	D	0.11%	0.09%	0.09%
	KMI	A	0.11%	0.11%	0.11%
	KMX	B	0.04%	0.03%	0.03%
	KO	D	0.02%	0.52%	0.02%
	KR	B	0.35%	0.09%	0.09%
	KVUE	A	0.04%	0.09%	0.04%
	L	A	0.11%	0.03%	0.03%
	LDOS	C	0.43%	0.05%	0.05%
	LEN	D	0.66%	0.09%	0.09%
	LEN	D	0.03%	0.09%	0.03%
	LH	C	0.14%	0.05%	0.05%
	LHX	C	0.05%	0.1%	0.05%
	LIN	D	0.05%	0.47%	0.05%
	LKQ	D	0.05%	0.02%	0.02%
	LLY	F	0.01%	1.38%	0.01%
	LMT	D	0.07%	0.24%	0.07%
	LNT	A	0.05%	0.03%	0.03%
	LRCX	F	0.28%	0.22%	0.22%
	LULU	C	0.07%	0.08%	0.07%
	LUV	C	0.18%	0.04%	0.04%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.1%	0.05%	0.05%
	MA	C	0.04%	0.89%	0.04%
	MAA	B	0.03%	0.04%	0.03%
	MAS	D	0.2%	0.04%	0.04%
	MCHP	D	0.11%	0.08%	0.08%
	MCK	B	0.73%	0.18%	0.18%
	MCO	B	0.13%	0.16%	0.13%
	MDLZ	F	0.05%	0.18%	0.05%
	MDT	D	0.04%	0.24%	0.04%
	MET	A	0.06%	0.11%	0.06%
	META	D	0.11%	2.71%	0.11%
	MGM	D	0.08%	0.02%	0.02%
	MHK	D	0.11%	0.02%	0.02%
	MKC	D	0.01%	0.04%	0.01%
	MKTX	D	0.03%	0.02%	0.02%
	MLM	B	0.14%	0.08%	0.08%
	MMC	B	0.13%	0.23%	0.13%
	MMM	D	0.05%	0.16%	0.05%
	MNST	C	0.02%	0.08%	0.02%
	MO	A	0.32%	0.2%	0.2%
	MOH	F	0.24%	0.04%	0.04%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.29%	0.13%	0.13%
	MPWR	F	0.17%	0.06%	0.06%
	MRK	F	0.01%	0.54%	0.01%
	MRO	B	0.28%	0.04%	0.04%
	MSFT	F	0.13%	6.58%	0.13%
	MSI	B	0.2%	0.18%	0.18%
	MTB	A	0.12%	0.08%	0.08%
	NCLH	B	0.15%	0.02%	0.02%
	NDAQ	A	0.07%	0.07%	0.07%
	NEE	D	0.04%	0.31%	0.04%
	NFLX	A	0.04%	0.78%	0.04%
	NI	A	0.11%	0.03%	0.03%
	NKE	D	0.03%	0.2%	0.03%
	NOC	D	0.06%	0.15%	0.06%
	NOW	A	0.21%	0.44%	0.21%
	NRG	B	0.27%	0.04%	0.04%
	NSC	B	0.05%	0.13%	0.05%
	NTAP	C	0.41%	0.05%	0.05%
	NTRS	A	0.05%	0.05%	0.05%
	NUE	C	0.38%	0.08%	0.08%
	NVDA	C	0.15%	7.76%	0.15%
	NVR	D	0.34%	0.06%	0.06%
	NWSA	B	0.1%	0.03%	0.03%
	O	D	0.01%	0.1%	0.01%
	ODFL	B	0.17%	0.09%	0.09%
	OMC	C	0.16%	0.04%	0.04%
	ON	D	0.08%	0.07%	0.07%
	OXY	D	0.09%	0.08%	0.08%
	PANW	C	0.18%	0.28%	0.18%
	PAYC	B	0.37%	0.02%	0.02%
	PAYX	C	0.15%	0.1%	0.1%
	PCAR	B	0.33%	0.13%	0.13%
	PCG	A	0.13%	0.09%	0.09%
	PEG	A	0.24%	0.09%	0.09%
	PEP	F	0.02%	0.47%	0.02%
	PFG	D	0.03%	0.04%	0.03%
	PG	A	0.02%	0.82%	0.02%
	PGR	A	0.2%	0.32%	0.2%
	PH	A	0.04%	0.19%	0.04%
	PHM	D	0.79%	0.06%	0.06%
	PKG	A	0.2%	0.05%	0.05%
	PLD	D	0.02%	0.22%	0.02%
	PM	B	0.08%	0.41%	0.08%
	PNC	B	0.09%	0.18%	0.09%
	PNR	A	0.15%	0.04%	0.04%
	PNW	B	0.06%	0.02%	0.02%
	POOL	C	0.1%	0.03%	0.03%
	PPG	F	0.04%	0.06%	0.04%
	PPL	B	0.11%	0.05%	0.05%
	PRU	A	0.07%	0.1%	0.07%
	PSA	D	0.12%	0.11%	0.11%
	PSX	C	0.15%	0.13%	0.13%
	PTC	A	0.05%	0.05%	0.05%
	PWR	A	0.17%	0.1%	0.1%
	PYPL	B	0.17%	0.2%	0.17%
	QCOM	F	0.14%	0.41%	0.14%
	QRVO	F	0.08%	0.01%	0.01%
	RCL	A	0.37%	0.12%	0.12%
	REG	B	0.02%	0.03%	0.02%
	REGN	F	0.09%	0.18%	0.09%
	RF	A	0.1%	0.05%	0.05%
	RJF	A	0.03%	0.06%	0.03%
	RL	B	0.29%	0.02%	0.02%
	RMD	C	0.05%	0.07%	0.05%
	ROK	B	0.13%	0.07%	0.07%
	ROL	B	0.09%	0.03%	0.03%
	ROP	B	0.06%	0.13%	0.06%
	ROST	C	0.21%	0.1%	0.1%
	RSG	A	0.11%	0.09%	0.09%
	RTX	C	0.06%	0.34%	0.06%
	RVTY	F	0.02%	0.03%	0.02%
	SCHW	B	0.03%	0.26%	0.03%
	SHW	A	0.13%	0.19%	0.13%
	SLB	C	0.12%	0.14%	0.12%
	SMCI	F	0.09%	0.02%	0.02%
	SNA	A	0.27%	0.04%	0.04%
	SNPS	B	0.19%	0.19%	0.19%
	SO	D	0.09%	0.19%	0.09%
	SOLV	C	0.34%	0.02%	0.02%
	SPG	B	0.3%	0.13%	0.13%
	SPGI	C	0.03%	0.34%	0.03%
	SRE	A	0.14%	0.12%	0.12%
	STE	F	0.04%	0.05%	0.04%
	STLD	B	0.44%	0.05%	0.05%
	STT	A	0.04%	0.06%	0.04%
	STZ	D	0.04%	0.08%	0.04%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.28%	0.03%	0.03%
	SYF	B	0.54%	0.06%	0.06%
	SYK	C	0.05%	0.27%	0.05%
	SYY	B	0.23%	0.08%	0.08%
	T	A	0.17%	0.31%	0.17%
	TAP	C	0.07%	0.02%	0.02%
	TDY	B	0.06%	0.05%	0.05%
	TER	D	0.14%	0.04%	0.04%
	TFC	A	0.03%	0.14%	0.03%
	TFX	F	0.01%	0.02%	0.01%
	TGT	F	0.13%	0.16%	0.13%
	TJX	A	0.2%	0.28%	0.2%
	TMO	F	0.03%	0.43%	0.03%
	TMUS	B	0.05%	0.26%	0.05%
	TPR	B	0.34%	0.03%	0.03%
	TRGP	B	0.06%	0.09%	0.06%
	TROW	B	0.12%	0.06%	0.06%
	TRV	B	0.16%	0.12%	0.12%
	TSCO	D	0.25%	0.06%	0.06%
	TSN	B	0.25%	0.04%	0.04%
	TT	A	0.18%	0.2%	0.18%
	TXN	C	0.06%	0.42%	0.06%
	TXT	D	0.18%	0.04%	0.04%
	TYL	B	0.09%	0.06%	0.06%
	UAL	A	0.16%	0.06%	0.06%
	UBER	D	0.06%	0.33%	0.06%
	UDR	B	0.02%	0.03%	0.02%
	UHS	D	0.22%	0.03%	0.03%
	ULTA	F	0.17%	0.04%	0.04%
	UNH	C	0.03%	1.15%	0.03%
	UNP	C	0.04%	0.31%	0.04%
	UPS	C	0.05%	0.2%	0.05%
	URI	B	0.45%	0.13%	0.13%
	USB	A	0.07%	0.17%	0.07%
	V	A	0.02%	0.99%	0.02%
	VICI	C	0.09%	0.07%	0.07%
	VLO	C	0.28%	0.11%	0.11%
	VLTO	D	0.09%	0.05%	0.05%
	VMC	B	0.12%	0.08%	0.08%
	VRSK	A	0.09%	0.09%	0.09%
	VRTX	F	0.1%	0.27%	0.1%
	VST	B	0.86%	0.1%	0.1%
	VTR	C	0.01%	0.05%	0.01%
	VTRS	A	0.17%	0.03%	0.03%
	VZ	C	0.12%	0.34%	0.12%
	WAB	B	0.17%	0.08%	0.08%
	WAT	B	0.01%	0.05%	0.01%
	WBD	C	0.12%	0.05%	0.05%
	WEC	A	0.07%	0.06%	0.06%
	WELL	A	0.02%	0.16%	0.02%
	WFC	A	0.05%	0.58%	0.05%
	WM	A	0.12%	0.17%	0.12%
	WMB	A	0.22%	0.15%	0.15%
	WMT	A	0.03%	0.74%	0.03%
	WRB	A	0.19%	0.04%	0.04%
	WST	C	0.09%	0.05%	0.05%
	WTW	B	0.06%	0.07%	0.06%
	WY	D	0.05%	0.05%	0.05%
	XEL	A	0.1%	0.08%	0.08%
	XOM	B	0.03%	1.22%	0.03%
	ZBH	C	0.03%	0.05%	0.03%
	ZBRA	B	0.02%	0.04%	0.02%
	ZTS	D	0.04%	0.16%	0.04%

ONEO Overweight 451 Positions Relative to QVML

	Symbol	Grade	Weight
	APP	B	1.01%
	TOL	B	0.55%
	CASY	A	0.53%
	DASH	A	0.47%
	FCNCA	A	0.47%
	PFGC	B	0.45%
	OC	A	0.45%
	WSM	B	0.45%
	EME	C	0.44%
	DKS	C	0.42%
	BJ	A	0.41%
	ALSN	B	0.38%
	RNR	C	0.37%
	THC	D	0.35%
	LPLA	A	0.34%
	KNSL	B	0.31%
	HRB	D	0.31%
	USFD	A	0.31%
	FIX	A	0.3%
	CPNG	D	0.29%
	TXRH	C	0.28%
	AYI	B	0.28%
	CNM	D	0.27%
	MKL	A	0.27%
	UTHR	C	0.27%
	EVR	B	0.26%
	DELL	C	0.26%
	EXP	A	0.26%
	MANH	D	0.26%
	VRT	B	0.26%
	TPL	A	0.25%
	ITT	A	0.25%
	SKX	D	0.25%
	DBX	B	0.24%
	CHRD	D	0.24%
	MTG	C	0.24%
	INGR	B	0.24%
	RS	B	0.23%
	FICO	B	0.23%
	AMG	B	0.22%
	ARMK	B	0.22%
	FTI	A	0.22%
	PVH	C	0.21%
	SAIA	B	0.21%
	WCC	B	0.21%
	COKE	C	0.21%
	BLD	D	0.21%
	CSL	C	0.2%
	MAR	B	0.2%
	FYBR	D	0.2%
	MUSA	A	0.19%
	SNX	C	0.19%
	HLT	A	0.19%
	R	B	0.19%
	OSK	B	0.19%
	CACI	D	0.19%
	CRUS	D	0.18%
	EXEL	B	0.18%
	LII	A	0.18%
	TOST	B	0.18%
	HLI	B	0.18%
	MTZ	B	0.17%
	SSD	D	0.17%
	PSTG	D	0.17%
	SAIC	F	0.17%
	ORLY	B	0.17%
	BRBR	A	0.17%
	AGO	B	0.17%
	CW	B	0.16%
	WSO	A	0.16%
	LYV	A	0.16%
	CLH	B	0.16%
	GNTX	C	0.15%
	TTD	B	0.15%
	VVV	F	0.15%
	CVNA	B	0.15%
	LAMR	D	0.15%
	LOPE	B	0.15%
	PSN	D	0.15%
	GAP	C	0.15%
	BURL	A	0.14%
	KEX	C	0.14%
	EHC	B	0.14%
	JHG	A	0.14%
	AAON	B	0.14%
	UNM	A	0.14%
	FND	C	0.14%
	WFRD	D	0.14%
	ONTO	D	0.13%
	PINS	D	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%
	WDAY	B	0.13%
	NEU	C	0.13%
	EWBC	A	0.13%
	AWI	A	0.12%
	M	D	0.12%
	TEAM	A	0.12%
	APO	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%
	RPM	A	0.12%
	MSCI	C	0.11%
	BAH	F	0.11%
	THO	B	0.11%
	NFG	A	0.11%
	LNW	D	0.11%
	OMF	A	0.11%
	TPX	B	0.11%
	MTDR	B	0.11%
	AFG	A	0.11%
	LSCC	D	0.11%
	TW	A	0.11%
	MEDP	D	0.11%
	DCI	B	0.11%
	CR	A	0.11%
	LOW	D	0.1%
	JLL	D	0.1%
	ALK	C	0.1%
	WMS	D	0.1%
	BWXT	B	0.1%
	FNF	B	0.1%
	DOCU	A	0.1%
	RGA	A	0.1%
	DOX	D	0.1%
	ATR	B	0.1%
	IBKR	A	0.1%
	TDC	D	0.1%
	AMKR	D	0.1%
	ORI	A	0.1%
	DT	C	0.09%
	NBIX	C	0.09%
	GTES	A	0.09%
	WWD	B	0.09%
	WING	D	0.09%
	SPOT	B	0.09%
	DDOG	A	0.09%
	X	C	0.09%
	ACM	A	0.09%
	CROX	D	0.09%
	AZEK	A	0.09%
	OTIS	C	0.09%
	ESAB	B	0.09%
	HOG	D	0.09%
	OLED	D	0.08%
	KD	B	0.08%
	EEFT	B	0.08%
	OLN	D	0.08%
	RLI	B	0.08%
	CMA	A	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%
	CIEN	B	0.08%
	PLTR	B	0.08%
	RBC	A	0.07%
	POST	C	0.07%
	DLB	B	0.07%
	PNFP	B	0.07%
	YETI	C	0.07%
	WBS	A	0.07%
	WYNN	D	0.07%
	WEX	D	0.07%
	ZION	B	0.07%
	MRVL	B	0.07%
	ACI	C	0.07%
	GOOGL	C	0.07%
	LEA	D	0.07%
	WTFC	A	0.07%
	CLF	F	0.07%
	APD	A	0.07%
	OZK	B	0.07%
	BYD	C	0.07%
	FHN	A	0.07%
	APG	B	0.07%
	AM	A	0.07%
	COLM	B	0.07%
	SSNC	B	0.07%
	AL	B	0.07%
	VNT	B	0.06%
	GLOB	B	0.06%
	SBUX	A	0.06%
	VEEV	C	0.06%
	GWRE	A	0.06%
	DDS	B	0.06%
	TNL	A	0.06%
	AXS	A	0.06%
	CHE	D	0.06%
	AVTR	F	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%
	TTEK	F	0.06%
	GPK	C	0.06%
	UHAL	D	0.06%
	SCI	B	0.06%
	SNV	B	0.06%
	YUM	B	0.06%
	CCK	C	0.06%
	ZM	B	0.06%
	CUBE	D	0.06%
	VSTS	C	0.06%
	JWN	C	0.06%
	HUBS	A	0.06%
	MTSI	B	0.06%
	HXL	D	0.05%
	MSM	C	0.05%
	PCOR	B	0.05%
	WLK	D	0.05%
	PR	B	0.05%
	TKR	D	0.05%
	ENTG	D	0.05%
	XPO	B	0.05%
	GO	C	0.05%
	FOX	A	0.05%
	AAP	C	0.05%
	FLO	D	0.05%
	NTNX	A	0.05%
	DV	C	0.05%
	EQH	B	0.05%
	AMGN	D	0.05%
	TDG	D	0.05%
	MTD	D	0.05%
	SPB	C	0.05%
	H	B	0.05%
	MTCH	D	0.05%
	ZS	C	0.05%
	SITE	D	0.05%
	ATI	D	0.05%
	GLPI	C	0.05%
	MDU	D	0.05%
	NU	C	0.05%
	SN	D	0.05%
	SLM	A	0.04%
	MORN	B	0.04%
	LPX	B	0.04%
	WH	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%
	NNN	D	0.04%
	LNG	B	0.04%
	PPC	C	0.04%
	NWL	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	D	0.04%
	AAL	B	0.04%
	FRPT	B	0.04%
	CRI	D	0.04%
	ALLY	C	0.04%
	BPOP	B	0.04%
	WAL	B	0.04%
	JAZZ	B	0.04%
	CIVI	D	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%
	ELS	C	0.03%
	IDA	A	0.03%
	RPRX	D	0.03%
	BFAM	D	0.03%
	CXT	B	0.03%
	TRMB	B	0.03%
	PRGO	B	0.03%
	SLGN	A	0.03%
	ZI	D	0.03%
	OKTA	C	0.03%
	TWLO	A	0.03%
	KSS	F	0.03%
	SMAR	A	0.03%
	TRIP	F	0.03%
	NDSN	B	0.03%
	SON	D	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%
	OWL	A	0.03%
	BMY	B	0.03%
	FNB	A	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%
	COLB	A	0.03%
	SNOW	C	0.03%
	WPC	D	0.03%
	FTRE	D	0.03%
	VIRT	B	0.03%
	CELH	F	0.03%
	CHDN	B	0.03%
	SQ	B	0.03%
	NWS	B	0.03%
	KBR	F	0.03%
	VMI	B	0.02%
	LBRDK	C	0.02%
	MDB	C	0.02%
	REYN	D	0.02%
	LAD	A	0.02%
	FAF	A	0.02%
	SCCO	F	0.02%
	ASH	D	0.02%
	ALB	C	0.02%
	AMED	F	0.02%
	RYN	D	0.02%
	SJM	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%
	FR	C	0.02%
	MASI	A	0.02%
	PB	A	0.02%
	FIVE	F	0.02%
	PK	B	0.02%
	MSTR	C	0.02%
	SAM	C	0.02%
	BRKR	D	0.02%
	EGP	F	0.02%
	CCI	D	0.02%
	THG	A	0.02%
	MSA	D	0.02%
	BSY	D	0.02%
	PLNT	A	0.02%
	IPGP	D	0.02%
	MSGS	A	0.02%
	SBAC	D	0.02%
	CNH	C	0.02%
	PAG	B	0.02%
	AMH	D	0.02%
	RRX	B	0.02%
	GXO	B	0.02%
	VNO	B	0.02%
	DXCM	D	0.02%
	TTC	D	0.02%
	KRC	C	0.02%
	WSC	D	0.02%
	LVS	C	0.02%
	ARW	D	0.02%
	TECH	D	0.02%
	OHI	C	0.02%
	MCD	D	0.02%
	EL	F	0.01%
	SPR	D	0.01%
	COIN	C	0.01%
	REXR	F	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%
	HAS	D	0.01%
	SNDR	B	0.01%
	DNB	B	0.01%
	CLVT	F	0.01%
	RKT	F	0.01%
	SEB	F	0.01%
	PII	D	0.01%
	W	F	0.01%
	CNA	B	0.01%
	UGI	A	0.01%
	CUZ	B	0.01%
	ETSY	D	0.01%
	GFS	C	0.01%
	NCNO	B	0.01%
	HEI	B	0.01%
	LITE	B	0.01%
	AMT	D	0.01%
	ACHC	F	0.01%
	JEF	A	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%
	IAC	D	0.01%
	ADTN	A	0.01%
	INSP	D	0.01%
	CACC	D	0.01%
	STAG	F	0.01%
	CTLT	B	0.01%
	HEI	B	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	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 11 Positions Relative to QVML

	Symbol	Grade	Weight
	MS	A	-0.37%
	MU	D	-0.25%
	OKE	A	-0.14%
	NXPI	D	-0.13%
	XYL	D	-0.07%
	SW	A	-0.06%
	TTWO	A	-0.06%
	WDC	D	-0.04%
	MRNA	F	-0.03%
	PARA	C	-0.01%
	WBA	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

QVML: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Semiconductors Business Services Asset Management Diagnostics & Research Oil & Gas E&P Banks - Regional - US Capital Markets Medical Instruments & Supplies Packaged Foods Aerospace & Defense Credit Services Health Care Plans Information Technology Services Insurance - Property & Casualty Medical Devices REIT - Residential Specialty Retail

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