ONEQ vs. FCPI ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Fidelity Stocks for Inflation ETF (FCPI)

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

$71.45

Average Daily Volume

295,593

Number of Holdings ^*

850

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$43.18

Average Daily Volume

19,153

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	FCPI
30 Days	3.39%	2.69%
60 Days	4.50%	5.44%
90 Days	2.34%	6.03%
12 Months	38.67%	35.72%

38 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in FCPI	Overlap
AAPL	C	11.98%	5.31%	5.31%
ABNB	D	0.2%	0.32%	0.2%
ACIW	B	0.02%	0.23%	0.02%
AMAT	D	0.55%	0.49%	0.49%
AMZN	C	6.94%	1.92%	1.92%
APP	C	0.13%	0.38%	0.13%
AVGO	C	2.73%	1.45%	1.45%
BKNG	B	0.46%	0.46%	0.46%
CMCSA	C	0.53%	0.16%	0.16%
COKE	C	0.04%	1.54%	0.04%
CRUS	D	0.02%	0.21%	0.02%
CRWD	D	0.24%	0.35%	0.24%
CVLT	B	0.02%	0.22%	0.02%
DBX	C	0.02%	0.23%	0.02%
DOCU	C	0.04%	0.26%	0.04%
EBAY	B	0.11%	0.35%	0.11%
GOOGL	D	3.31%	1.4%	1.4%
HST	D	0.04%	1.88%	0.04%
KLAC	D	0.35%	0.38%	0.35%
LRCX	D	0.35%	0.38%	0.35%
MEDP	F	0.04%	0.94%	0.04%
META	B	4.23%	1.01%	1.01%
MSFT	C	11.17%	5.19%	5.19%
MU	D	0.35%	0.41%	0.35%
NFLX	B	1.04%	0.27%	0.27%
NTAP	D	0.08%	0.24%	0.08%
NVDA	C	9.83%	4.97%	4.97%
NXPI	D	0.2%	0.3%	0.2%
PANW	D	0.38%	0.39%	0.38%
QCOM	D	0.65%	0.51%	0.51%
QLYS	D	0.02%	0.19%	0.02%
REGN	D	0.42%	1.24%	0.42%
RPRX	C	0.04%	1.1%	0.04%
STLD	C	0.06%	2.36%	0.06%
SWKS	F	0.05%	0.21%	0.05%
TMUS	B	0.78%	0.12%	0.12%
UTHR	B	0.05%	1.22%	0.05%
ZM	C	0.06%	0.26%	0.06%

ONEQ Overweight 812 Positions Relative to FCPI

Symbol	Grade	Weight
GOOG	D	3.18%
TSLA	C	2.63%
COST	C	1.38%
AMD	C	0.87%
ADBE	F	0.8%
PEP	D	0.79%
LIN	B	0.76%
CSCO	B	0.72%
TXN	B	0.63%
INTU	D	0.62%
AMGN	D	0.62%
ISRG	C	0.59%
HON	C	0.45%
VRTX	D	0.41%
ADP	C	0.39%
ADI	C	0.39%
SBUX	C	0.38%
MELI	C	0.37%
GILD	B	0.35%
MDLZ	C	0.34%
INTC	D	0.32%
CEG	C	0.28%
EQIX	B	0.28%
CTAS	C	0.27%
SNPS	F	0.27%
CME	B	0.27%
PYPL	B	0.27%
ASML	F	0.26%
CDNS	D	0.25%
MAR	B	0.23%
PDD	D	0.23%
MRVL	D	0.22%
CSX	C	0.22%
ORLY	B	0.22%
ROP	C	0.2%
FTNT	B	0.2%
DASH	B	0.19%
ADSK	B	0.19%
PCAR	D	0.18%
MNST	D	0.18%
WDAY	D	0.18%
AEP	C	0.18%
CPRT	D	0.17%
TTD	B	0.17%
KDP	B	0.17%
ROST	C	0.17%
PAYX	C	0.16%
CHTR	D	0.16%
FAST	C	0.15%
NDAQ	C	0.15%
MPWR	B	0.15%
ACGL	B	0.15%
AZN	D	0.15%
MCHP	D	0.14%
GEHC	B	0.14%
IDXX	D	0.14%
KHC	C	0.14%
ODFL	D	0.14%
XEL	B	0.13%
VRSK	D	0.13%
CTSH	B	0.13%
EXC	B	0.13%
COIN	F	0.12%
DDOG	D	0.12%
ALNY	C	0.12%
BKR	C	0.12%
CCEP	C	0.12%
EA	D	0.12%
LULU	D	0.11%
ON	D	0.11%
FANG	F	0.11%
CSGP	D	0.11%
DXCM	F	0.1%
AXON	B	0.1%
CDW	D	0.1%
BIIB	F	0.1%
TSCO	B	0.1%
WTW	B	0.1%
ZS	F	0.09%
SBAC	C	0.09%
MRNA	F	0.09%
ERIE	B	0.09%
FSLR	C	0.09%
MSTR	C	0.09%
TEAM	D	0.09%
FITB	B	0.09%
TTWO	D	0.09%
FCNCA	D	0.09%
SMCI	F	0.09%
ANSS	D	0.09%
GFS	F	0.08%
ILMN	D	0.08%
WDC	C	0.08%
STX	B	0.08%
TROW	C	0.08%
TER	C	0.08%
ICLR	F	0.08%
ZBRA	B	0.07%
PFG	B	0.07%
TCOM	B	0.07%
ALGN	D	0.07%
CINF	C	0.07%
PTC	C	0.07%
HBAN	B	0.07%
WBD	D	0.07%
CHKP	B	0.07%
MDB	D	0.07%
NTRA	C	0.06%
ENPH	D	0.06%
JBHT	D	0.06%
ENTG	D	0.06%
UAL	B	0.06%
LPLA	D	0.06%
PODD	C	0.06%
VRSN	C	0.06%
EXPE	C	0.06%
ARGX	B	0.06%
SMMT	D	0.06%
SSNC	C	0.06%
HOLX	D	0.06%
ARM	C	0.06%
SNY	B	0.06%
MANH	B	0.06%
HOOD	C	0.06%
ULTA	D	0.06%
NTRS	C	0.06%
DKNG	C	0.06%
EXAS	D	0.05%
CASY	D	0.05%
VTRS	D	0.05%
POOL	C	0.05%
FLEX	B	0.05%
BMRN	F	0.05%
MNDY	C	0.05%
LOGI	D	0.05%
NDSN	C	0.05%
JD	A	0.05%
TRMB	C	0.05%
GRAB	B	0.05%
LNT	A	0.05%
MORN	C	0.05%
BSY	C	0.05%
AKAM	D	0.05%
NTNX	D	0.05%
TW	B	0.05%
DLTR	F	0.05%
IBKR	B	0.05%
CPB	C	0.05%
CG	C	0.05%
TXRH	B	0.04%
NWSA	D	0.04%
MKTX	D	0.04%
NTES	D	0.04%
HAS	B	0.04%
CHK	C	0.04%
LAMR	B	0.04%
QRVO	F	0.04%
RGLD	C	0.04%
PPC	D	0.04%
INSM	D	0.04%
SFM	B	0.04%
EWBC	C	0.04%
CHRW	B	0.04%
FFIV	B	0.04%
JKHY	B	0.04%
BNTX	C	0.04%
SAIA	D	0.04%
Z	C	0.04%
PAA	D	0.04%
CYBR	B	0.04%
NBIX	F	0.04%
AFRM	D	0.04%
WING	C	0.04%
GLPI	C	0.04%
BIDU	C	0.04%
RIVN	F	0.04%
SRPT	F	0.04%
INCY	C	0.04%
OKTA	F	0.04%
TTEK	C	0.04%
PCVX	C	0.04%
REG	C	0.04%
TECH	C	0.04%
EVRG	B	0.04%
UFPI	C	0.03%
HLNE	B	0.03%
ENSG	D	0.03%
LNTH	D	0.03%
MAT	D	0.03%
REYN	C	0.03%
WFRD	F	0.03%
HALO	D	0.03%
AMKR	F	0.03%
FOX	B	0.03%
WSC	D	0.03%
MIDD	C	0.03%
GLBE	C	0.03%
ACHC	D	0.03%
XP	D	0.03%
MKSI	F	0.03%
RVMD	C	0.03%
LSCC	D	0.03%
RGEN	F	0.03%
CELH	F	0.03%
VKTX	D	0.03%
MMYT	D	0.03%
WYNN	C	0.03%
LBRDK	C	0.03%
HSIC	C	0.03%
SPSC	D	0.03%
WBA	F	0.03%
CROX	C	0.03%
NICE	D	0.03%
EXEL	C	0.03%
MTSI	C	0.03%
CHRD	F	0.03%
ITCI	D	0.03%
PARA	D	0.03%
CZR	C	0.03%
SAIC	C	0.03%
WTFC	C	0.03%
ASND	C	0.03%
FOXA	B	0.03%
AAON	B	0.03%
CBSH	D	0.03%
LCID	C	0.03%
SOFI	D	0.03%
CHDN	D	0.03%
APA	F	0.03%
WIX	C	0.03%
SEIC	B	0.03%
DOX	C	0.03%
FYBR	C	0.03%
OLED	D	0.03%
OTEX	D	0.03%
ROKU	D	0.03%
PCTY	D	0.03%
LKQ	F	0.03%
LNW	F	0.03%
WWD	C	0.03%
LECO	D	0.03%
BRKR	D	0.03%
DUOL	C	0.03%
BGNE	B	0.03%
MTCH	C	0.03%
PATK	C	0.02%
RMBS	F	0.02%
ALKT	D	0.02%
APLS	F	0.02%
CALM	B	0.02%
VICR	C	0.02%
LOPE	D	0.02%
RNA	D	0.02%
SATS	C	0.02%
ROAD	C	0.02%
RUSHA	C	0.02%
TCBI	C	0.02%
ADMA	C	0.02%
TBBK	C	0.02%
CVCO	B	0.02%
CLBT	C	0.02%
FOLD	F	0.02%
BANF	C	0.02%
SLAB	D	0.02%
AEIS	D	0.02%
NMIH	C	0.02%
CRSP	F	0.02%
IPAR	D	0.02%
KTOS	B	0.02%
VOD	C	0.02%
NEOG	D	0.02%
PTEN	F	0.02%
PLXS	B	0.02%
LI	D	0.02%
AUR	C	0.02%
VCTR	B	0.02%
TFSL	D	0.02%
MARA	D	0.02%
RKLB	C	0.02%
IBOC	D	0.02%
IAC	C	0.02%
GLNG	B	0.02%
PCH	C	0.02%
INTA	C	0.02%
SANM	D	0.02%
IMVT	F	0.02%
XRAY	D	0.02%
IESC	B	0.02%
CRNX	D	0.02%
OPCH	C	0.02%
COLM	C	0.02%
LITE	B	0.02%
APPF	C	0.02%
CNXC	F	0.02%
ACLX	C	0.02%
WMG	D	0.02%
BGC	D	0.02%
CHCI	B	0.02%
RUN	D	0.02%
STEP	B	0.02%
BECN	F	0.02%
LYFT	D	0.02%
SITM	B	0.02%
FIZZ	D	0.02%
LEGN	F	0.02%
BLKB	C	0.02%
LANC	F	0.02%
CFLT	F	0.02%
ONB	D	0.02%
HCP	A	0.02%
SRCL	B	0.02%
VLY	D	0.02%
KRYS	D	0.02%
DNLI	C	0.02%
HTHT	C	0.02%
CRDO	D	0.02%
ITRI	C	0.02%
SBRA	C	0.02%
PECO	C	0.02%
HWC	D	0.02%
SGRY	D	0.02%
AXSM	C	0.02%
CACC	F	0.02%
EEFT	F	0.02%
PRCT	C	0.02%
LSTR	D	0.02%
ICUI	C	0.02%
STRL	C	0.02%
ALKS	D	0.02%
BPMC	F	0.02%
VRRM	D	0.02%
SLM	C	0.02%
MDGL	F	0.02%
ALTR	C	0.02%
CORT	B	0.02%
COOP	C	0.02%
ASO	D	0.02%
FELE	B	0.02%
RDNT	B	0.02%
FIVE	D	0.02%
RARE	C	0.02%
TMDX	C	0.02%
EXLS	B	0.02%
BBIO	F	0.02%
ALGM	D	0.02%
TIGO	B	0.02%
TENB	F	0.02%
UBSI	D	0.02%
CWST	D	0.02%
AVAV	C	0.02%
CHX	F	0.02%
GNTX	D	0.02%
UMBF	C	0.02%
SHC	C	0.02%
SIGI	D	0.02%
PI	B	0.02%
CYTK	F	0.02%
MMSI	C	0.02%
BPOP	C	0.02%
NSIT	C	0.02%
ZION	D	0.02%
QXO	F	0.02%
VRNS	B	0.02%
NXST	D	0.02%
AGNC	B	0.02%
COLB	B	0.02%
EXPO	B	0.02%
CRVL	B	0.02%
PNFP	C	0.02%
TPG	C	0.02%
BCPC	C	0.02%
IEP	F	0.02%
PEGA	B	0.02%
RCM	C	0.02%
AAL	D	0.02%
JAZZ	D	0.02%
CGNX	F	0.02%
ETSY	D	0.02%
MASI	C	0.02%
FFIN	C	0.02%
ACT	C	0.02%
FRHC	C	0.02%
CSWI	B	0.02%
NUVL	D	0.02%
FRPT	C	0.02%
IONS	F	0.02%
HQY	C	0.02%
FUTU	A	0.02%
OLLI	C	0.02%
LFUS	C	0.02%
BOKF	C	0.02%
NOVT	D	0.02%
GTLB	D	0.02%
EBTC	B	0.01%
GRFS	C	0.01%
CIFR	D	0.01%
AMWD	C	0.01%
TRDA	D	0.01%
BASE	F	0.01%
IRON	C	0.01%
LBRDA	C	0.01%
PYCR	D	0.01%
IQ	D	0.01%
HAFC	D	0.01%
JACK	F	0.01%
MOMO	B	0.01%
GDEN	D	0.01%
TTGT	F	0.01%
LQDA	F	0.01%
SRCL	B	0.01%
JBSS	F	0.01%
OABI	F	0.01%
NNDM	C	0.01%
FLYW	F	0.01%
GSM	F	0.01%
CNSL	A	0.01%
SCHL	D	0.01%
ISTR	B	0.01%
PLAY	D	0.01%
RIOT	F	0.01%
ICHR	D	0.01%
ASTL	B	0.01%
CNTA	C	0.01%
NRIX	D	0.01%
CBRL	D	0.01%
NEXT	F	0.01%
IMNM	F	0.01%
FFIC	D	0.01%
BCBP	C	0.01%
EYE	F	0.01%
PLYA	D	0.01%
ESTA	D	0.01%
MNTK	D	0.01%
GLUE	F	0.01%
TRS	C	0.01%
MATW	F	0.01%
KELYA	D	0.01%
SOUN	D	0.01%
WVE	C	0.01%
WASH	C	0.01%
IREN	D	0.01%
GIII	D	0.01%
CVAC	F	0.01%
NNBR	C	0.01%
IMKTA	D	0.01%
ODP	F	0.01%
OPK	D	0.01%
CEVA	C	0.01%
WOOF	C	0.01%
EMBC	D	0.01%
BVS	C	0.01%
FWRG	F	0.01%
PHAT	C	0.01%
GMAB	F	0.01%
FLGT	F	0.01%
KRNT	A	0.01%
SVRA	D	0.01%
SRRK	F	0.01%
ULCC	D	0.01%
SAVA	D	0.01%
CMCO	D	0.01%
KALU	D	0.01%
COMM	C	0.01%
PFC	D	0.01%
BCYC	D	0.01%
DHC	C	0.01%
PGNY	F	0.01%
LBPH	D	0.01%
SDGR	F	0.01%
SABR	C	0.01%
IBUY	A	0.01%
DLO	F	0.01%
VIR	F	0.01%
COHU	F	0.01%
BLMN	F	0.01%
TREE	C	0.01%
VRNT	F	0.01%
SPRY	C	0.01%
AVAH	D	0.01%
MRVI	D	0.01%
HTLD	F	0.01%
TVTX	C	0.01%
NVEE	F	0.01%
CNDT	C	0.01%
CDNA	C	0.01%
PDFS	D	0.01%
MLCO	C	0.01%
COLL	C	0.01%
NSSC	F	0.01%
WB	C	0.01%
RLAY	F	0.01%
PSNY	C	0.01%
PCT	C	0.01%
VSEC	D	0.01%
AMSF	C	0.01%
HBNC	D	0.01%
STAA	D	0.01%
WULF	C	0.01%
TARS	D	0.01%
IMCR	F	0.01%
TH	F	0.01%
SEDG	F	0.01%
GDYN	C	0.01%
AVO	C	0.01%
WABC	D	0.01%
AMED	D	0.01%
COGT	C	0.01%
HROW	C	0.01%
CLOV	D	0.01%
HTZ	F	0.01%
FWRD	D	0.01%
CRAI	C	0.01%
THRM	F	0.01%
ANAB	D	0.01%
IMTX	D	0.01%
CLSK	F	0.01%
ANIP	F	0.01%
APOG	B	0.01%
PEBO	D	0.01%
RDWR	C	0.01%
SPT	F	0.01%
PFBC	D	0.01%
TYRA	C	0.01%
INMD	D	0.01%
TRNS	D	0.01%
ARDX	D	0.01%
NFE	F	0.01%
DGII	D	0.01%
VITL	C	0.01%
UNIT	C	0.01%
NVAX	D	0.01%
UCTT	D	0.01%
MCRI	B	0.01%
RDFN	D	0.01%
VMEO	C	0.01%
ZLAB	C	0.01%
MRTN	D	0.01%
CSGS	C	0.01%
PLAB	D	0.01%
CENX	C	0.01%
AUPH	C	0.01%
SAFT	D	0.01%
MBUU	D	0.01%
SCSC	D	0.01%
ULH	D	0.01%
UDMY	F	0.01%
AOSL	D	0.01%
TCBK	D	0.01%
OCFC	B	0.01%
ECPG	D	0.01%
VRDN	B	0.01%
ATAT	B	0.01%
QNST	C	0.01%
INFN	B	0.01%
CAKE	B	0.01%
SIMO	F	0.01%
GABC	D	0.01%
INVA	C	0.01%
BLBD	D	0.01%
WINA	C	0.01%
DAWN	D	0.01%
ENVX	F	0.01%
TLRY	F	0.01%
INBK	D	0.01%
MYRG	F	0.01%
MSEX	C	0.01%
BCRX	D	0.01%
NAVI	D	0.01%
VECO	F	0.01%
SCVL	C	0.01%
CENTA	F	0.01%
FIVN	F	0.01%
ANDE	D	0.01%
AXNX	B	0.01%
DVAX	D	0.01%
RNW	D	0.01%
MNKD	C	0.01%
SNDX	F	0.01%
TTMI	D	0.01%
AKRO	D	0.01%
BILI	A	0.01%
RCKT	F	0.01%
LKFN	D	0.01%
PRDO	D	0.01%
IDCC	B	0.01%
PLUG	F	0.01%
CHEF	C	0.01%
OLPX	D	0.01%
PDCO	F	0.01%
HAIN	C	0.01%
AHCO	C	0.01%
ROIC	C	0.01%
MLKN	F	0.01%
NWBI	D	0.01%
APPN	C	0.01%
HLIT	C	0.01%
VERA	C	0.01%
IAS	D	0.01%
PAGP	D	0.01%
AY	B	0.01%
SUPN	D	0.01%
NVCR	F	0.01%
AMRK	C	0.01%
KURA	D	0.01%
IRTC	F	0.01%
SASR	C	0.01%
RPD	D	0.01%
GDS	C	0.01%
NEO	F	0.01%
MGNI	D	0.01%
ARVN	F	0.01%
DCOM	C	0.01%
SBLK	C	0.01%
WSBC	D	0.01%
DOOO	F	0.01%
BUSE	D	0.01%
XNCR	D	0.01%
TRUP	D	0.01%
CAR	D	0.01%
VBTX	C	0.01%
VRNA	C	0.01%
VC	F	0.01%
CNXN	B	0.01%
SKWD	B	0.01%
CASH	D	0.01%
SYBT	C	0.01%
GTX	D	0.01%
FRME	D	0.01%
PRVA	F	0.01%
CRTO	D	0.01%
HEES	D	0.01%
HOPE	D	0.01%
ATEX	C	0.01%
EXTR	C	0.01%
RRR	D	0.01%
LAUR	C	0.01%
CHCO	D	0.01%
EVCM	D	0.01%
PINC	D	0.01%
STRA	F	0.01%
OSW	C	0.01%
WERN	C	0.01%
JANX	D	0.01%
XRX	D	0.01%
FTRE	F	0.01%
SPNS	D	0.01%
LGND	D	0.01%
NTCT	C	0.01%
RXST	D	0.01%
YY	C	0.01%
BEAM	F	0.01%
PTVE	D	0.01%
JBLU	C	0.01%
DNUT	F	0.01%
TRMK	D	0.01%
XPEL	D	0.01%
VIAV	C	0.01%
SBCF	D	0.01%
MGPI	F	0.01%
GGAL	C	0.01%
EFSC	D	0.01%
CPRX	C	0.01%
AZTA	F	0.01%
HPK	F	0.01%
STBA	D	0.01%
HRMY	B	0.01%
CLBK	D	0.01%
PTGX	C	0.01%
HURN	C	0.01%
ROCK	D	0.01%
LMAT	B	0.01%
TWST	D	0.01%
GT	F	0.01%
FFBC	D	0.01%
KLIC	D	0.01%
CMPR	F	0.01%
BANR	C	0.01%
MIRM	D	0.01%
ALHC	C	0.01%
ATRC	D	0.01%
WEN	C	0.01%
NMRK	B	0.01%
ADUS	C	0.01%
MYGN	D	0.01%
LGIH	D	0.01%
INDB	D	0.01%
MGRC	D	0.01%
DIOD	F	0.01%
MBIN	D	0.01%
FBNC	C	0.01%
ATSG	C	0.01%
ARCB	D	0.01%
VCYT	C	0.01%
KROS	C	0.01%
ALRM	F	0.01%
EWTX	C	0.01%
AMRX	C	0.01%
ACLS	F	0.01%
RBCAA	C	0.01%
PLTK	C	0.01%
VCEL	F	0.01%
NARI	F	0.01%
KYMR	C	0.01%
LIVN	D	0.01%
GOGL	C	0.01%
PRGS	A	0.01%
NBTB	D	0.01%
FROG	F	0.01%
MQ	F	0.01%
GSHD	C	0.01%
FRSH	F	0.01%
MRCY	C	0.01%
PSMT	B	0.01%
CVBF	D	0.01%
ERII	C	0.01%
SWTX	F	0.01%
CARG	C	0.01%
PPBI	D	0.01%
OSIS	C	0.01%
BL	D	0.01%
VERX	D	0.01%
IOVA	F	0.01%
SVC	F	0.01%
SKYW	C	0.01%
PLMR	C	0.01%
TXG	D	0.01%
IDYA	F	0.01%
TNDM	D	0.01%
PRFT	B	0.01%
NWE	A	0.01%
ERIC	B	0.01%
ARWR	F	0.01%
CLDX	F	0.01%
ZD	D	0.01%
FULT	D	0.01%
JAMF	D	0.01%
AMPH	D	0.01%
FLNC	C	0.01%
GERN	D	0.01%
IOSP	F	0.01%
ZG	C	0.01%
SYNA	D	0.01%
OMCL	C	0.01%
LILAK	D	0.01%
AGIO	D	0.01%
SMTC	C	0.01%
DRVN	C	0.01%
POWL	B	0.01%
ACAD	F	0.01%
USLM	B	0.01%
CGON	C	0.01%
SNEX	C	0.01%
BHF	F	0.01%
MRUS	D	0.01%
HTLF	C	0.01%
IBTX	C	0.01%
PLUS	B	0.01%
UPST	C	0.01%
BRZE	F	0.01%
ASTE	F	0.01%
PTCT	C	0.01%
TOWN	D	0.01%
AGYS	D	0.01%
DYN	D	0.01%
TGTX	C	0.01%
FHB	D	0.01%
EXPI	C	0.01%
HUBG	C	0.01%
BZ	C	0.01%
HWKN	B	0.01%
EBC	C	0.01%
STNE	F	0.01%
FORM	F	0.01%
ASTH	B	0.01%
QFIN	A	0.01%
RYTM	C	0.01%
URBN	F	0.01%
GH	F	0.01%
UFPT	D	0.01%
LFST	C	0.01%
ESGR	D	0.01%
OTTR	F	0.01%
AMBA	C	0.01%
SFNC	C	0.01%
AVT	B	0.01%
POWI	F	0.01%
PENN	D	0.01%
OZK	F	0.01%
CATY	C	0.01%
SMPL	D	0.01%
VIRT	C	0.01%
SHOO	B	0.01%
FA	B	0.01%
FIBK	C	0.01%
FTDR	B	0.01%
ARLP	B	0.01%
NPAB	D	0.01%
XENE	F	0.01%
MGEE	C	0.01%
TRMD	D	0.01%
DORM	C	0.01%
WAFD	D	0.01%
NWL	C	0.01%
WDFC	C	0.01%
IRDM	C	0.01%
ACVA	C	0.01%
WSFS	D	0.01%
NCNO	F	0.01%
JJSF	B	0.01%
NWS	D	0.01%
ICFI	C	0.01%
CCOI	C	0.01%

ONEQ Underweight 62 Positions Relative to FCPI

Symbol	Grade	Weight
VST	B	-3.09%
CF	B	-2.66%
LLY	D	-2.55%
NRG	B	-2.51%
NUE	D	-2.33%
PG	C	-2.31%
AM	B	-2.15%
TPL	C	-2.15%
MPC	F	-1.99%
SPG	B	-1.95%
VICI	C	-1.85%
VLO	F	-1.83%
BRBR	B	-1.77%
ABBV	B	-1.73%
CL	C	-1.67%
MO	C	-1.67%
KMB	C	-1.61%
HCA	B	-1.36%
CI	C	-1.31%
ELV	D	-1.29%
THC	C	-1.24%
UHS	C	-1.23%
V	C	-1.05%
MCK	F	-0.94%
PGR	C	-0.8%
CAT	B	-0.67%
C	C	-0.66%
AMP	B	-0.65%
RNR	B	-0.63%
HIG	B	-0.61%
COF	B	-0.61%
DFS	C	-0.58%
JXN	B	-0.57%
IBM	B	-0.56%
MTG	B	-0.56%
SYF	C	-0.56%
CRBG	C	-0.56%
FIX	B	-0.54%
RGA	C	-0.54%
EME	B	-0.52%
LDOS	A	-0.49%
CSL	B	-0.49%
MLI	B	-0.46%
BCC	C	-0.46%
OC	C	-0.42%
ANET	C	-0.38%
APH	C	-0.34%
PHM	B	-0.33%
FICO	B	-0.32%
TOL	A	-0.32%
HRB	C	-0.32%
WSM	C	-0.31%
ATKR	F	-0.29%
DELL	C	-0.29%
ONTO	C	-0.28%
ANF	D	-0.28%
GDDY	C	-0.26%
GAP	F	-0.26%
VZ	A	-0.18%
DIS	D	-0.17%
T	B	-0.16%
PINS	D	-0.05%