ONEQ vs. FHLC ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Fidelity MSCI Health Care Index ETF (FHLC)

ONEQ

Fidelity Nasdaq Composite Index Tracking Stock

ONEQ Description

The investment seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index®. The fund normally invests at least 80% of assets in common stocks included in the index. It uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire index. The fund lends securities to earn income for the ETF.

Grade (RS Rating)

Last Trade

$65.76

Average Daily Volume

248,739

Number of Holdings ^*

903

* may have additional holdings in another (foreign) market

FHLC

Fidelity MSCI Health Care Index ETF

FHLC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.88

Average Daily Volume

135,871

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	FHLC
30 Days	6.46%	5.68%
60 Days	3.84%	0.80%
90 Days	5.83%	0.49%
12 Months	32.90%	12.29%

184 Overlapping Holdings

	Symbol	Grade	Weight in ONEQ	Weight in FHLC	Overlap
	ACAD	F	0.02%	0.03%	0.02%
	ACHC	F	0.03%	0.1%	0.03%
	ACLX	D	0.01%	0.02%	0.01%
	ADMA	B	0.01%	0.02%	0.01%
	ADUS	B	0.01%	0.03%	0.01%
	AGIO	B	0.02%	0.03%	0.02%
	AHCO	D	0.01%	0.01%	0.01%
	AKRO	F	0.0%	0.02%	0.0%
	ALGN	F	0.08%	0.33%	0.08%
	ALHC	C	0.01%	0.01%	0.01%
	ALKS	F	0.02%	0.06%	0.02%
	ALNY	D	0.08%	0.32%	0.08%
	ALPN	A	0.02%	0.03%	0.02%
	AMED	C	0.01%	0.05%	0.01%
	AMGN	B	0.61%	2.74%	0.61%
	AMPH	D	0.01%	0.03%	0.01%
	AMRX	B	0.01%	0.01%	0.01%
	ANIP	D	0.01%	0.02%	0.01%
	APLS	F	0.02%	0.05%	0.02%
	ARDX	C	0.01%	0.03%	0.01%
	ARVN	D	0.01%	0.03%	0.01%
	ARWR	F	0.01%	0.05%	0.01%
	ASTH	D	0.01%	0.03%	0.01%
	ATEC	F	0.01%	0.02%	0.01%
	ATRC	F	0.0%	0.02%	0.0%
	AXNX	D	0.02%	0.06%	0.02%
	AXSM	C	0.02%	0.04%	0.02%
	AZTA	F	0.01%	0.05%	0.01%
	BBIO	D	0.02%	0.05%	0.02%
	BEAM	F	0.01%	0.03%	0.01%
	BIIB	D	0.12%	0.53%	0.12%
	BMRN	F	0.06%	0.26%	0.06%
	BPMC	C	0.03%	0.1%	0.03%
	BRKR	D	0.04%	0.11%	0.04%
	CERE	D	0.03%	0.05%	0.03%
	CERT	F	0.01%	0.03%	0.01%
	CGEM	C	0.01%	0.02%	0.01%
	CLDX	D	0.01%	0.04%	0.01%
	COLL	D	0.01%	0.02%	0.01%
	CORT	C	0.01%	0.04%	0.01%
	CPRX	C	0.0%	0.03%	0.0%
	CRNX	B	0.02%	0.05%	0.02%
	CRSP	F	0.02%	0.07%	0.02%
	CRVL	A	0.02%	0.04%	0.02%
	CYTK	F	0.03%	0.1%	0.03%
	DAWN	C	0.01%	0.01%	0.01%
	DCPH	A	0.01%	0.01%	0.01%
	DNLI	C	0.01%	0.03%	0.01%
	DVAX	F	0.01%	0.02%	0.01%
	DXCM	D	0.18%	0.82%	0.18%
	DYN	C	0.01%	0.02%	0.01%
	ENSG	D	0.03%	0.11%	0.03%
	ESTA	C	0.01%	0.02%	0.01%
	EWTX	C	0.01%	0.01%	0.01%
	EXAS	F	0.04%	0.18%	0.04%
	EXEL	F	0.03%	0.1%	0.03%
	FDMT	D	0.01%	0.01%	0.01%
	FLGT	D	0.0%	0.01%	0.0%
	FOLD	F	0.01%	0.04%	0.01%
	FTRE	F	0.01%	0.05%	0.01%
	FUSN	A	0.01%	0.02%	0.01%
	GEHC	D	0.14%	0.55%	0.14%
	GERN	C	0.01%	0.03%	0.01%
	GH	C	0.01%	0.04%	0.01%
	GILD	F	0.31%	1.35%	0.31%
	HALO	B	0.02%	0.09%	0.02%
	HLVX	D	0.01%	0.0%	0.0%
	HOLX	D	0.06%	0.3%	0.06%
	HQY	D	0.03%	0.11%	0.03%
	HRMY	F	0.01%	0.02%	0.01%
	HSIC	C	0.04%	0.16%	0.04%
	IART	F	0.01%	0.03%	0.01%
	ICUI	D	0.01%	0.03%	0.01%
	IDXX	C	0.15%	0.67%	0.15%
	IDYA	D	0.02%	0.04%	0.02%
	ILMN	F	0.07%	0.29%	0.07%
	IMVT	D	0.02%	0.02%	0.02%
	INBX	D	0.01%	0.01%	0.01%
	INCY	D	0.05%	0.17%	0.05%
	INSM	F	0.02%	0.06%	0.02%
	INVA	C	0.01%	0.01%	0.01%
	IONS	F	0.02%	0.09%	0.02%
	IOVA	F	0.02%	0.04%	0.02%
	IRTC	F	0.01%	0.05%	0.01%
	IRWD	F	0.01%	0.02%	0.01%
	ISRG	B	0.5%	2.23%	0.5%
	ITCI	D	0.03%	0.1%	0.03%
	JANX	C	0.01%	0.01%	0.01%
	JAZZ	F	0.03%	0.11%	0.03%
	KROS	D	0.02%	0.03%	0.02%
	KRYS	D	0.02%	0.05%	0.02%
	KURA	C	0.01%	0.02%	0.01%
	KYMR	D	0.01%	0.03%	0.01%
	LFST	C	0.01%	0.01%	0.01%
	LGND	C	0.01%	0.02%	0.01%
	LIVN	C	0.02%	0.06%	0.02%
	LMAT	B	0.01%	0.02%	0.01%
	LNTH	C	0.02%	0.08%	0.02%
	LQDA	D	0.01%	0.01%	0.01%
	LYEL	C	0.01%	0.01%	0.01%
	MASI	D	0.03%	0.09%	0.03%
	MDGL	D	0.02%	0.04%	0.02%
	ME	D	0.01%	0.0%	0.0%
	MEDP	D	0.04%	0.16%	0.04%
	MIRM	F	0.01%	0.01%	0.01%
	MMSI	B	0.02%	0.08%	0.02%
	MNKD	C	0.01%	0.02%	0.01%
	MORF	F	0.01%	0.01%	0.01%
	MRNA	C	0.18%	0.66%	0.18%
	MRUS	D	0.02%	0.03%	0.02%
	MRVI	C	0.01%	0.02%	0.01%
	MYGN	B	0.01%	0.04%	0.01%
	NARI	D	0.01%	0.04%	0.01%
	NBIX	B	0.05%	0.23%	0.05%
	NEO	D	0.01%	0.03%	0.01%
	NEOG	F	0.02%	0.04%	0.02%
	NRC	F	0.0%	0.01%	0.0%
	NTLA	D	0.01%	0.03%	0.01%
	NTRA	B	0.04%	0.18%	0.04%
	NUVL	D	0.02%	0.03%	0.02%
	NVCR	C	0.01%	0.03%	0.01%
	OABI	F	0.0%	0.01%	0.0%
	OMCL	D	0.0%	0.02%	0.0%
	OPCH	F	0.02%	0.09%	0.02%
	PCRX	C	0.01%	0.02%	0.01%
	PCVX	C	0.03%	0.1%	0.03%
	PDCO	F	0.01%	0.04%	0.01%
	PGNY	F	0.01%	0.05%	0.01%
	PINC	F	0.01%	0.04%	0.01%
	PODD	C	0.05%	0.2%	0.05%
	PRCT	C	0.02%	0.05%	0.02%
	PRTA	F	0.01%	0.02%	0.01%
	PRVA	F	0.01%	0.03%	0.01%
	PTCT	C	0.01%	0.03%	0.01%
	PTGX	C	0.01%	0.02%	0.01%
	RARE	F	0.02%	0.05%	0.02%
	RCKT	F	0.01%	0.02%	0.01%
	RCM	F	0.02%	0.04%	0.02%
	RDNT	B	0.02%	0.05%	0.02%
	REGN	B	0.39%	1.71%	0.39%
	RGEN	D	0.03%	0.15%	0.03%
	RNA	B	0.01%	0.03%	0.01%
	RPRX	F	0.05%	0.18%	0.05%
	RVMD	B	0.02%	0.06%	0.02%
	RXRX	C	0.01%	0.02%	0.01%
	RXST	C	0.01%	0.03%	0.01%
	RYTM	D	0.01%	0.03%	0.01%
	SANA	D	0.01%	0.02%	0.01%
	SDGR	F	0.01%	0.02%	0.01%
	SGRY	F	0.01%	0.03%	0.01%
	SHC	F	0.02%	0.02%	0.02%
	SIGA	D	0.0%	0.01%	0.0%
	SLP	B	0.01%	0.01%	0.01%
	SMMT	C	0.02%	0.01%	0.01%
	SNDX	D	0.02%	0.03%	0.02%
	SRPT	C	0.05%	0.19%	0.05%
	SRRK	F	0.01%	0.01%	0.01%
	STAA	D	0.01%	0.03%	0.01%
	SUPN	D	0.01%	0.03%	0.01%
	SVRA	D	0.02%	0.01%	0.01%
	SWAV	B	0.04%	0.2%	0.04%
	SWTX	D	0.02%	0.03%	0.02%
	TARS	C	0.01%	0.01%	0.01%
	TECH	C	0.04%	0.2%	0.04%
	TGTX	D	0.01%	0.04%	0.01%
	TLRY	F	0.01%	0.03%	0.01%
	TMDX	B	0.02%	0.07%	0.02%
	TNDM	B	0.02%	0.05%	0.02%
	TRDA	C	0.01%	0.0%	0.0%
	TWST	C	0.01%	0.04%	0.01%
	TXG	F	0.02%	0.04%	0.02%
	UFPT	B	0.01%	0.03%	0.01%
	UTHR	A	0.05%	0.2%	0.05%
	VCEL	C	0.01%	0.04%	0.01%
	VCYT	D	0.01%	0.02%	0.01%
	VERA	D	0.01%	0.02%	0.01%
	VIR	D	0.01%	0.01%	0.01%
	VKTX	D	0.03%	0.11%	0.03%
	VRTX	B	0.4%	1.8%	0.4%
	VTRS	D	0.05%	0.24%	0.05%
	WVE	C	0.01%	0.01%	0.01%
	XENE	F	0.01%	0.04%	0.01%
	XNCR	C	0.01%	0.02%	0.01%
	XRAY	F	0.03%	0.1%	0.03%

ONEQ Overweight 719 Positions Relative to FHLC

	Symbol	Grade	Weight
	MSFT	B	11.57%
	AAPL	C	10.7%
	NVDA	C	8.57%
	AMZN	C	7.4%
	META	D	3.93%
	GOOGL	A	3.78%
	GOOG	A	3.68%
	AVGO	B	2.33%
	TSLA	D	2.11%
	COST	B	1.27%
	NFLX	B	1.0%
	AMD	D	0.94%
	PEP	B	0.9%
	ADBE	F	0.83%
	LIN	D	0.77%
	QCOM	B	0.75%
	CSCO	F	0.72%
	TMUS	B	0.71%
	AMAT	B	0.65%
	INTU	B	0.65%
	TXN	B	0.62%
	CMCSA	F	0.58%
	HON	B	0.5%
	MU	B	0.5%
	INTC	F	0.48%
	BKNG	C	0.46%
	LRCX	D	0.44%
	ADP	B	0.38%
	ADI	B	0.38%
	PANW	C	0.37%
	MDLZ	C	0.36%
	KLAC	B	0.36%
	PDD	B	0.35%
	MELI	B	0.33%
	SNPS	C	0.32%
	SBUX	F	0.31%
	ASML	D	0.3%
	CDNS	D	0.29%
	CME	C	0.29%
	CRWD	C	0.27%
	ABNB	D	0.26%
	PYPL	D	0.26%
	CEG	C	0.25%
	CTAS	B	0.25%
	NXPI	B	0.25%
	CSX	D	0.24%
	EQIX	D	0.24%
	MAR	D	0.24%
	ORLY	D	0.23%
	MRVL	C	0.22%
	ROP	C	0.21%
	PCAR	D	0.21%
	MNST	F	0.21%
	CPRT	D	0.2%
	WDAY	D	0.19%
	AEP	A	0.18%
	FTNT	D	0.18%
	KDP	C	0.18%
	MCHP	B	0.18%
	PAYX	B	0.17%
	KHC	D	0.17%
	AZN	B	0.17%
	ADSK	F	0.17%
	SMCI	D	0.17%
	LULU	F	0.16%
	ROST	D	0.16%
	COIN	D	0.16%
	DASH	D	0.16%
	TTD	B	0.15%
	CHTR	F	0.15%
	ODFL	F	0.15%
	CSGP	D	0.14%
	FAST	D	0.14%
	FANG	C	0.14%
	ACGL	A	0.14%
	EXC	C	0.14%
	CTSH	F	0.13%
	MPWR	C	0.13%
	CCEP	B	0.13%
	NDAQ	B	0.13%
	DDOG	D	0.13%
	GFS	D	0.12%
	XEL	D	0.12%
	BKR	D	0.12%
	VRSK	A	0.12%
	EA	F	0.12%
	DLTR	F	0.11%
	ANSS	D	0.11%
	TSCO	A	0.11%
	TEAM	F	0.11%
	ON	D	0.11%
	CDW	D	0.11%
	TROW	D	0.1%
	EBAY	C	0.1%
	WTW	D	0.1%
	STLD	D	0.09%
	FCNCA	B	0.09%
	AXON	D	0.09%
	WDC	C	0.09%
	TTWO	D	0.09%
	ICLR	D	0.09%
	FITB	B	0.09%
	MDB	D	0.09%
	ZS	F	0.09%
	ERIE	C	0.08%
	APP	C	0.08%
	NTAP	B	0.08%
	LPLA	C	0.08%
	DKNG	C	0.08%
	FSLR	C	0.08%
	SBAC	F	0.08%
	PTC	C	0.08%
	JBHT	F	0.07%
	PFG	B	0.07%
	TCOM	B	0.07%
	TER	B	0.07%
	CELH	C	0.07%
	WBD	F	0.07%
	CHKP	D	0.07%
	STX	C	0.07%
	ULTA	F	0.07%
	ENTG	D	0.07%
	MSTR	D	0.07%
	SNY	C	0.06%
	CG	D	0.06%
	ENPH	D	0.06%
	WBA	F	0.06%
	NTNX	B	0.06%
	HBAN	B	0.06%
	CINF	C	0.06%
	ZM	D	0.06%
	VRSN	F	0.06%
	JD	C	0.06%
	NTRS	C	0.06%
	NDSN	C	0.06%
	BIDU	D	0.06%
	BSY	A	0.06%
	OKTA	D	0.06%
	ZBRA	C	0.06%
	UAL	C	0.06%
	ARGX	F	0.05%
	CASY	B	0.05%
	WING	C	0.05%
	SIRI	F	0.05%
	IBKR	A	0.05%
	LNT	B	0.05%
	EVRG	C	0.05%
	JKHY	C	0.05%
	FLEX	C	0.05%
	NTES	C	0.05%
	HST	D	0.05%
	PAA	C	0.05%
	TW	B	0.05%
	EXPE	F	0.05%
	SWKS	F	0.05%
	MORN	D	0.05%
	LECO	D	0.05%
	POOL	D	0.05%
	GRAB	C	0.05%
	AKAM	F	0.05%
	TRMB	D	0.05%
	SSNC	B	0.05%
	HOOD	C	0.05%
	LOGI	C	0.05%
	QRVO	F	0.04%
	XP	F	0.04%
	WFRD	C	0.04%
	PPC	C	0.04%
	LKQ	F	0.04%
	PCTY	C	0.04%
	NWSA	C	0.04%
	SEIC	D	0.04%
	CHRW	C	0.04%
	CYBR	D	0.04%
	BNTX	D	0.04%
	RIVN	D	0.04%
	FFIV	D	0.04%
	LSCC	F	0.04%
	REG	C	0.04%
	EWBC	B	0.04%
	WYNN	D	0.04%
	GLPI	C	0.04%
	LAMR	B	0.04%
	NICE	F	0.04%
	DOCU	C	0.04%
	SAIA	F	0.04%
	DOX	F	0.04%
	WWD	A	0.04%
	APA	F	0.04%
	CHDN	C	0.04%
	MANH	D	0.04%
	TTEK	A	0.04%
	ARM	F	0.04%
	CHK	B	0.04%
	UFPI	C	0.03%
	CHX	D	0.03%
	AAON	D	0.03%
	REYN	B	0.03%
	SLAB	D	0.03%
	NSIT	B	0.03%
	WTFC	B	0.03%
	SOFI	F	0.03%
	SIGI	F	0.03%
	IAC	C	0.03%
	SAIC	C	0.03%
	LFUS	C	0.03%
	LBRDK	D	0.03%
	WIX	C	0.03%
	HTHT	C	0.03%
	CHRD	C	0.03%
	CACC	F	0.03%
	BOKF	B	0.03%
	MAT	F	0.03%
	Z	F	0.03%
	GTLB	D	0.03%
	MKSI	C	0.03%
	CZR	F	0.03%
	CGNX	C	0.03%
	MIDD	F	0.03%
	WSC	F	0.03%
	ROKU	F	0.03%
	AFRM	D	0.03%
	FYBR	B	0.03%
	HAS	C	0.03%
	FIVE	F	0.03%
	IEP	D	0.03%
	SPSC	C	0.03%
	RGLD	A	0.03%
	CFLT	C	0.03%
	MKTX	D	0.03%
	MTSI	C	0.03%
	MNDY	C	0.03%
	FOX	C	0.03%
	PARA	D	0.03%
	SFM	A	0.03%
	CBSH	B	0.03%
	ASND	D	0.03%
	MTCH	F	0.03%
	LNW	D	0.03%
	BGNE	D	0.03%
	GNTX	D	0.03%
	ETSY	F	0.03%
	CROX	C	0.03%
	AAL	C	0.03%
	OLED	C	0.03%
	TXRH	B	0.03%
	OTEX	F	0.03%
	COKE	C	0.03%
	AMKR	C	0.03%
	DUOL	F	0.03%
	VECO	B	0.02%
	LEGN	F	0.02%
	BL	D	0.02%
	DIOD	C	0.02%
	ALRM	D	0.02%
	TPG	D	0.02%
	IOSP	B	0.02%
	SBLK	B	0.02%
	JBLU	D	0.02%
	SBRA	B	0.02%
	TRMD	A	0.02%
	CVCO	D	0.02%
	CAR	D	0.02%
	IRDM	D	0.02%
	ABCB	C	0.02%
	VLY	D	0.02%
	URBN	C	0.02%
	SMPL	C	0.02%
	PTEN	F	0.02%
	OZK	C	0.02%
	PAGP	C	0.02%
	AEIS	C	0.02%
	VBTX	C	0.02%
	IPAR	F	0.02%
	ERIC	C	0.02%
	PECO	F	0.02%
	STRL	C	0.02%
	IBOC	B	0.02%
	BLKB	C	0.02%
	ACLS	D	0.02%
	IESC	C	0.02%
	UMBF	B	0.02%
	OTTR	C	0.02%
	SANM	B	0.02%
	ONB	B	0.02%
	TIGO	A	0.02%
	CHCI	C	0.02%
	GLBE	F	0.02%
	TFSL	C	0.02%
	FIVN	F	0.02%
	FROG	D	0.02%
	IPGP	D	0.02%
	MYRG	D	0.02%
	COLM	B	0.02%
	ACIW	A	0.02%
	STEP	C	0.02%
	FFIN	B	0.02%
	AUR	F	0.02%
	WEN	F	0.02%
	HWC	C	0.02%
	MQ	F	0.02%
	ALTR	B	0.02%
	HCP	C	0.02%
	COOP	B	0.02%
	ASO	F	0.02%
	PI	B	0.02%
	NWL	D	0.02%
	FIZZ	D	0.02%
	DBX	D	0.02%
	ALGM	D	0.02%
	HTLF	B	0.02%
	ZI	F	0.02%
	POWI	C	0.02%
	APPF	C	0.02%
	UBSI	C	0.02%
	VRNS	D	0.02%
	SRCL	F	0.02%
	TENB	F	0.02%
	MMYT	B	0.02%
	ITRI	B	0.02%
	BECN	C	0.02%
	SLM	D	0.02%
	CRUS	B	0.02%
	LANC	D	0.02%
	PNFP	C	0.02%
	FELE	D	0.02%
	CVLT	B	0.02%
	IBTX	C	0.02%
	EXPO	C	0.02%
	VCTR	B	0.02%
	BPOP	B	0.02%
	CWST	B	0.02%
	WIRE	C	0.02%
	VRRM	B	0.02%
	FORM	B	0.02%
	AGNC	A	0.02%
	LOPE	C	0.02%
	AVT	B	0.02%
	ESGR	B	0.02%
	ZION	B	0.02%
	SYNA	D	0.02%
	WMG	F	0.02%
	BCPC	B	0.02%
	FUTU	B	0.02%
	QLYS	F	0.02%
	LI	F	0.02%
	OLLI	D	0.02%
	EXLS	C	0.02%
	AVAV	B	0.02%
	STNE	F	0.02%
	ACT	B	0.02%
	COLB	C	0.02%
	HLNE	C	0.02%
	NFE	F	0.02%
	PEGA	C	0.02%
	PRFT	C	0.02%
	LILAK	C	0.02%
	MARA	C	0.02%
	LYFT	D	0.02%
	LSTR	C	0.02%
	BZ	B	0.02%
	FRHC	D	0.02%
	BHF	F	0.02%
	RMBS	F	0.02%
	FRPT	B	0.02%
	FOXA	C	0.02%
	EEFT	C	0.02%
	NXST	C	0.02%
	NOVT	D	0.02%
	LCID	D	0.02%
	REAL	C	0.01%
	ECPG	C	0.01%
	ALGT	F	0.01%
	RDWR	B	0.01%
	DGII	F	0.01%
	BVS	C	0.01%
	ISTR	C	0.01%
	FTEK	C	0.01%
	LBRDA	D	0.01%
	PEBO	C	0.01%
	BCBP	D	0.01%
	WASH	C	0.01%
	NNBR	D	0.01%
	LWLG	F	0.01%
	ACDC	C	0.01%
	GSM	C	0.01%
	CERS	C	0.01%
	RILY	D	0.01%
	MXL	F	0.01%
	HPK	F	0.01%
	YY	D	0.01%
	CRSR	F	0.01%
	CRAI	B	0.01%
	MOMO	D	0.01%
	DCOM	D	0.01%
	UNIT	F	0.01%
	AMWD	C	0.01%
	HTLD	D	0.01%
	ABCL	F	0.01%
	MSEX	D	0.01%
	GIII	D	0.01%
	IBUY	C	0.01%
	GDEN	F	0.01%
	MATW	D	0.01%
	HTZ	F	0.01%
	SABR	D	0.01%
	GOGO	C	0.01%
	FLYW	F	0.01%
	TRNS	A	0.01%
	INDI	D	0.01%
	PFC	C	0.01%
	STBA	C	0.01%
	TYRA	C	0.01%
	INMD	F	0.01%
	SOUN	F	0.01%
	VRNA	F	0.01%
	CNSL	C	0.01%
	GPRE	F	0.01%
	JBSS	D	0.01%
	OPEN	F	0.01%
	PLUG	F	0.01%
	ACMR	D	0.01%
	TTGT	D	0.01%
	GDYN	F	0.01%
	INMB	D	0.01%
	BILI	C	0.01%
	IMKTA	D	0.01%
	CARG	C	0.01%
	SPT	F	0.01%
	COHU	F	0.01%
	TRS	B	0.01%
	LILM	C	0.01%
	IMCR	F	0.01%
	CMPR	D	0.01%
	IAS	D	0.01%
	OSW	B	0.01%
	KRUS	D	0.01%
	APEI	C	0.01%
	SCHL	D	0.01%
	PTON	D	0.01%
	EVBG	C	0.01%
	SAFT	D	0.01%
	AVO	C	0.01%
	IMTX	D	0.01%
	PLMR	B	0.01%
	GHRS	C	0.01%
	DOOO	D	0.01%
	SFIX	D	0.01%
	CIFR	D	0.01%
	BUSE	C	0.01%
	TREE	C	0.01%
	AMBA	D	0.01%
	IDCC	C	0.01%
	CSGS	F	0.01%
	NBTB	C	0.01%
	TCBK	C	0.01%
	MCRI	D	0.01%
	OCFC	C	0.01%
	GMAB	D	0.01%
	EXTR	D	0.01%
	VSEC	D	0.01%
	CGNT	C	0.01%
	EXPI	D	0.01%
	VIAV	F	0.01%
	NTCT	D	0.01%
	HLIT	D	0.01%
	ROIC	D	0.01%
	ENVX	D	0.01%
	WABC	C	0.01%
	CNDT	C	0.01%
	NVEE	F	0.01%
	SYBT	C	0.01%
	CAKE	C	0.01%
	NMRK	B	0.01%
	APOG	B	0.01%
	SITM	C	0.01%
	PZZA	F	0.01%
	KFRC	F	0.01%
	AMSF	F	0.01%
	ALKT	B	0.01%
	SCVL	C	0.01%
	GABC	B	0.01%
	ACVA	C	0.01%
	NWBI	C	0.01%
	ADV	F	0.01%
	QNST	C	0.01%
	UPST	D	0.01%
	CASH	C	0.01%
	BLBD	B	0.01%
	THRM	F	0.01%
	FA	C	0.01%
	EFSC	C	0.01%
	MRTN	D	0.01%
	NEXT	C	0.01%
	VSAT	D	0.01%
	MRCY	D	0.01%
	RNW	D	0.01%
	PFBC	B	0.01%
	GGAL	B	0.01%
	LKFN	C	0.01%
	CNXN	B	0.01%
	FOXF	D	0.01%
	XRX	F	0.01%
	SKYW	C	0.01%
	NAVI	F	0.01%
	MLCO	C	0.01%
	ATAT	D	0.01%
	BANR	C	0.01%
	UPWK	D	0.01%
	HOLI	F	0.01%
	ARRY	F	0.01%
	INFN	C	0.01%
	SONO	D	0.01%
	VRNT	C	0.01%
	SRCL	F	0.01%
	CHEF	B	0.01%
	CMCO	B	0.01%
	MGPI	F	0.01%
	KALU	B	0.01%
	GO	F	0.01%
	TRIP	F	0.01%
	CRTO	C	0.01%
	CBRL	F	0.01%
	SRAD	D	0.01%
	PLYA	D	0.01%
	FRSH	F	0.01%
	TOWN	C	0.01%
	CHCO	C	0.01%
	WSBC	C	0.01%
	ANDE	F	0.01%
	CLBT	C	0.01%
	FBNC	D	0.01%
	BGC	B	0.01%
	IQ	C	0.01%
	SFNC	D	0.01%
	RIOT	F	0.01%
	FWRG	F	0.01%
	GT	D	0.01%
	EVCM	C	0.01%
	HURN	F	0.01%
	AY	B	0.01%
	WINA	D	0.01%
	PENN	F	0.01%
	HOPE	C	0.01%
	PLAY	D	0.01%
	FLNC	D	0.01%
	SBCF	C	0.01%
	FRME	C	0.01%
	WAFD	C	0.01%
	SPNS	B	0.01%
	RKLB	D	0.01%
	CENTA	B	0.01%
	INDB	D	0.01%
	CLBK	F	0.01%
	RBCAA	B	0.01%
	LAUR	B	0.01%
	TBBK	D	0.01%
	TTMI	B	0.01%
	ULH	C	0.01%
	TRMK	B	0.01%
	BLMN	F	0.01%
	PYCR	F	0.01%
	FFBC	B	0.01%
	ULCC	F	0.01%
	ZD	F	0.01%
	PLAB	C	0.01%
	WERN	D	0.01%
	RPD	F	0.01%
	POWL	C	0.01%
	PCH	F	0.01%
	INTA	C	0.01%
	NMIH	A	0.01%
	BRP	B	0.01%
	ICHR	D	0.01%
	UCBI	C	0.01%
	PRGS	F	0.01%
	GSHD	F	0.01%
	HEES	F	0.01%
	SEDG	F	0.01%
	RUN	D	0.01%
	MLKN	C	0.01%
	FTDR	C	0.01%
	HELE	D	0.01%
	VIRT	B	0.01%
	QFIN	B	0.01%
	GOGL	A	0.01%
	PLUS	B	0.01%
	SMTC	B	0.01%
	BASE	C	0.01%
	VITL	B	0.01%
	ZG	F	0.01%
	DNUT	F	0.01%
	BRZE	F	0.01%
	EBC	B	0.01%
	VERX	C	0.01%
	ROCK	D	0.01%
	PPBI	C	0.01%
	APPN	F	0.01%
	HWKN	B	0.01%
	DLO	F	0.01%
	NWE	C	0.01%
	OSIS	C	0.01%
	INBK	C	0.01%
	NCNO	D	0.01%
	CVBF	C	0.01%
	SCSC	B	0.01%
	ROAD	C	0.01%
	PSMT	B	0.01%
	KELYA	D	0.01%
	PLTK	C	0.01%
	CENX	B	0.01%
	USLM	C	0.01%
	DORM	D	0.01%
	JAMF	D	0.01%
	LITE	D	0.01%
	UDMY	F	0.01%
	ODP	F	0.01%
	FULT	B	0.01%
	CALM	D	0.01%
	VC	D	0.01%
	AGYS	A	0.01%
	ARCB	F	0.01%
	KTOS	B	0.01%
	SIMO	C	0.01%
	SKWD	C	0.01%
	EYE	F	0.01%
	CNXC	D	0.01%
	CATY	C	0.01%
	RRR	D	0.01%
	CRDO	D	0.01%
	SHOO	C	0.01%
	CLSK	D	0.01%
	LGIH	D	0.01%
	SNEX	C	0.01%
	PTVE	D	0.01%
	MGRC	D	0.01%
	KLIC	D	0.01%
	MBIN	C	0.01%
	FHB	B	0.01%
	DRVN	F	0.01%
	GTX	D	0.01%
	MGEE	B	0.01%
	UCTT	C	0.01%
	JJSF	C	0.01%
	PRDO	C	0.01%
	FIBK	C	0.01%
	HUBG	C	0.01%
	SATS	C	0.01%
	CSWI	C	0.01%
	PATK	D	0.01%
	TCBI	C	0.01%
	CCOI	F	0.01%
	WSFS	B	0.01%
	BMBL	D	0.01%
	STRA	C	0.01%
	GLNG	B	0.01%
	RUSHA	D	0.01%
	PLXS	B	0.01%
	ARLP	B	0.01%
	BANF	C	0.01%
	NWS	C	0.01%
	ICFI	C	0.01%
	WDFC	D	0.01%
	VOD	B	0.01%
	HLTH	F	0.0%
	BRID	F	0.0%
	YNDX	C	0.0%
	CARV	C	0.0%
	PIII	F	0.0%
	FBRX	F	0.0%
	TLSA	C	0.0%
	BMRC	D	0.0%
	OXBR	B	0.0%
	ALTO	F	0.0%
	SOPH	D	0.0%
	BHAC	C	0.0%
	FFIC	D	0.0%
	AIRS	F	0.0%
	PDFS	C	0.0%
	GATE	B	0.0%
	NNBR	D	0.0%
	BFST	C	0.0%
	ALLK	D	0.0%
	GLUE	F	0.0%
	AVAH	C	0.0%
	NEGG	C	0.0%
	OFLX	F	0.0%
	CVAC	D	0.0%
	CEVA	F	0.0%
	TLS	D	0.0%
	ACRS	F	0.0%
	VXRT	D	0.0%
	GALT	C	0.0%
	MNTK	D	0.0%
	INVZ	F	0.0%
	SND	C	0.0%
	MGNI	D	0.0%
	DHC	F	0.0%
	DSGN	D	0.0%
	MNRO	F	0.0%
	TH	D	0.0%
	EBTC	D	0.0%
	FORR	F	0.0%
	KC	D	0.0%
	SNCY	F	0.0%
	HBNC	C	0.0%
	NNDM	D	0.0%
	JACK	F	0.0%
	TWKS	D	0.0%
	NSSC	B	0.0%
	VICR	F	0.0%
	ATSG	D	0.0%
	SHLS	F	0.0%
	XPEL	F	0.0%
	ASTE	F	0.0%
	SVC	F	0.0%
	HAFC	C	0.0%
	MGIC	C	0.0%
	CSIQ	F	0.0%

ONEQ Underweight 154 Positions Relative to FHLC

	Symbol	Grade	Weight
	LLY	B	-10.43%
	UNH	C	-7.76%
	JNJ	D	-5.98%
	MRK	B	-5.47%
	ABBV	D	-4.72%
	TMO	B	-3.7%
	ABT	F	-3.04%
	DHR	A	-2.92%
	PFE	D	-2.66%
	ELV	A	-2.09%
	SYK	D	-1.88%
	MDT	B	-1.81%
	BSX	A	-1.78%
	CI	D	-1.69%
	BMY	F	-1.48%
	ZTS	D	-1.26%
	MCK	A	-1.21%
	CVS	F	-1.18%
	BDX	F	-1.13%
	HCA	C	-1.04%
	EW	D	-0.86%
	A	B	-0.7%
	IQV	D	-0.69%
	CNC	B	-0.68%
	HUM	D	-0.67%
	RMD	B	-0.52%
	VEEV	D	-0.51%
	WST	F	-0.45%
	MTD	B	-0.45%
	ZBH	D	-0.42%
	CAH	F	-0.4%
	STE	C	-0.35%
	MOH	F	-0.33%
	WAT	B	-0.32%
	BAX	F	-0.3%
	LH	D	-0.29%
	AVTR	D	-0.27%
	DGX	A	-0.26%
	CRL	D	-0.2%
	THC	B	-0.19%
	CTLT	D	-0.17%
	UHS	B	-0.17%
	TFX	D	-0.16%
	SOLV	F	-0.16%
	CHE	F	-0.14%
	ELAN	B	-0.14%
	EHC	C	-0.14%
	GMED	B	-0.12%
	PEN	F	-0.12%
	DVA	B	-0.12%
	BIO	F	-0.1%
	OGN	B	-0.09%
	HAE	B	-0.08%
	INSP	F	-0.08%
	GKOS	B	-0.08%
	PRGO	F	-0.07%
	PBH	D	-0.06%
	SEM	B	-0.06%
	ITGR	C	-0.06%
	EVH	F	-0.05%
	NVST	F	-0.05%
	CNMD	F	-0.04%
	AMN	F	-0.04%
	ENOV	F	-0.04%
	DOCS	D	-0.04%
	USPH	C	-0.03%
	AGL	D	-0.03%
	HIMS	D	-0.03%
	TDOC	F	-0.03%
	AVNS	C	-0.02%
	BCRX	C	-0.02%
	PHR	D	-0.02%
	BKD	C	-0.02%
	OMI	F	-0.02%
	NHC	B	-0.02%
	VERV	F	-0.01%
	AVXL	D	-0.01%
	LUNG	D	-0.01%
	ADPT	D	-0.01%
	HROW	C	-0.01%
	DCGO	F	-0.01%
	CLOV	D	-0.01%
	TBPH	D	-0.01%
	SPRY	D	-0.01%
	PAHC	B	-0.01%
	FNA	F	-0.01%
	IRON	F	-0.01%
	NVRO	F	-0.01%
	ELVN	C	-0.01%
	HCAT	D	-0.01%
	CABA	F	-0.01%
	ALEC	F	-0.01%
	EDIT	F	-0.01%
	ALXO	C	-0.01%
	IRMD	D	-0.01%
	ALT	D	-0.01%
	PACB	F	-0.01%
	OLMA	F	-0.01%
	OSUR	F	-0.01%
	RVNC	F	-0.01%
	CYH	C	-0.01%
	LBPH	C	-0.01%
	COGT	D	-0.01%
	NVAX	C	-0.01%
	PETQ	C	-0.01%
	OFIX	C	-0.01%
	ACCD	F	-0.01%
	TVTX	F	-0.01%
	EYPT	F	-0.01%
	CDMO	C	-0.01%
	OPK	D	-0.01%
	RLAY	F	-0.01%
	ATRI	C	-0.01%
	KIDS	C	-0.01%
	IMNM	F	-0.01%
	SIBN	F	-0.01%
	CCRN	F	-0.01%
	EMBC	D	-0.01%
	CSTL	C	-0.01%
	MLAB	C	-0.01%
	QTRX	F	-0.01%
	KNSA	C	-0.01%
	PLRX	D	-0.01%
	ZNTL	F	-0.01%
	GDRX	C	-0.01%
	VRDN	F	-0.01%
	EOLS	C	-0.01%
	VREX	F	-0.01%
	CYRX	F	-0.01%
	ARCT	D	-0.01%
	PNTG	B	-0.01%
	HSTM	C	-0.01%
	CTKB	F	-0.01%
	SAGE	F	-0.01%
	BLFS	C	-0.01%
	MGNX	F	-0.01%
	AUPH	D	-0.01%
	MD	F	-0.01%
	RGNX	F	-0.01%
	ETNB	F	-0.01%
	RCUS	D	-0.01%
	MDXG	C	-0.01%
	SAVA	C	-0.01%
	RAPT	F	-0.0%
	TERN	C	-0.0%
	TMCI	F	-0.0%
	REPL	F	-0.0%
	BMEA	F	-0.0%
	DH	F	-0.0%
	PHAT	C	-0.0%
	ANAB	C	-0.0%
	ITOS	B	-0.0%
	MODV	D	-0.0%
	ALLO	F	-0.0%

ONEQ: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Software - Infrastructure Semiconductors Diagnostics & Research Internet Content & Information Semiconductor Equipment & Materials Business Services Medical Devices Specialty Retail Information Technology Services Capital Markets Communication Equipment Medical Instruments & Supplies Restaurants Diversified Industrials Drug Manufacturers - Specialty & Generic Packaged Foods Telecom Services

Keywords: S&P 500 Nasdaq 100 Bank Medicine Computing Banking Biopharmaceutical Biotechnology Cancer Semiconductor Deposit Products Integrated Circuits Insurance Commercial Banking Telecommunications Electronics Mobile Devices Real Estate Loans Software Clinical Medicine

FHLC: Top Represented Industries & Keywords

Industries: Biotechnology Medical Devices Diagnostics & Research Medical Instruments & Supplies Drug Manufacturers - Specialty & Generic Medical Care Health Information Services Drug Manufacturers - Major Health Information Services Health Care Plans Medical Distribution Long-Term Care Facilities Medical Care Facilities Healthcare Plans Packaging & Containers Conglomerates Diversified Industrials Drug Manufacturers - General Insurance Brokers Scientific & Technical Instruments

Keywords: Medicine Biopharmaceutical Biotechnology S&P 500 Cancer Life Sciences Clinical Medicine Disease Biology Pharmaceutical Pain Infectious Diseases Clinical Development Immune System Clinic Immunology Surgery Antibodies Diabetes Health Care