ONEQ vs. GGUS ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS)

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

$74.95

Average Daily Volume

238,552

Number of Holdings ^*

830

* may have additional holdings in another (foreign) market

GGUS

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

GGUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization growth segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$54.08

Average Daily Volume

26,758

Number of Holdings ^*

376

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	GGUS
30 Days	4.10%	5.06%
60 Days	5.77%	5.50%
90 Days	6.51%	7.94%
12 Months	33.93%

151 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in GGUS	Overlap
AAL	B	0.03%	0.0%	0.0%
AAON	B	0.04%	0.04%	0.04%
AAPL	C	11.32%	11.27%	11.27%
ABNB	C	0.19%	0.25%	0.19%
ADBE	C	0.74%	0.98%	0.74%
ADP	B	0.4%	0.5%	0.4%
ADSK	A	0.21%	0.29%	0.21%
ALGN	D	0.06%	0.04%	0.04%
ALNY	D	0.1%	0.11%	0.1%
AMAT	F	0.46%	0.57%	0.46%
AMD	F	0.72%	0.65%	0.65%
AMGN	D	0.5%	0.51%	0.5%
AMZN	C	7.05%	4.31%	4.31%
APLS	D	0.01%	0.01%	0.01%
APP	B	0.28%	0.34%	0.28%
APPF	B	0.02%	0.02%	0.02%
AVGO	D	2.53%	3.32%	2.53%
AXON	A	0.14%	0.19%	0.14%
BKNG	A	0.54%	0.71%	0.54%
BPOP	B	0.02%	0.0%	0.0%
BRKR	D	0.03%	0.01%	0.01%
BSY	D	0.05%	0.03%	0.03%
CACC	D	0.02%	0.01%	0.01%
CAR	C	0.01%	0.0%	0.0%
CASY	A	0.05%	0.01%	0.01%
CDNS	B	0.26%	0.35%	0.26%
CDW	F	0.08%	0.05%	0.05%
CEG	D	0.23%	0.05%	0.05%
CELH	F	0.02%	0.02%	0.02%
CFLT	B	0.02%	0.03%	0.02%
CHDN	B	0.03%	0.04%	0.03%
COIN	C	0.21%	0.24%	0.21%
COST	B	1.33%	1.8%	1.33%
CPRT	A	0.18%	0.2%	0.18%
CROX	D	0.02%	0.0%	0.0%
CRWD	B	0.26%	0.34%	0.26%
CTAS	B	0.27%	0.31%	0.27%
DASH	A	0.22%	0.23%	0.22%
DBX	B	0.02%	0.01%	0.01%
DDOG	A	0.13%	0.17%	0.13%
DJT	C	0.02%	0.01%	0.01%
DKNG	B	0.06%	0.08%	0.06%
DOCU	A	0.05%	0.07%	0.05%
DUOL	A	0.04%	0.05%	0.04%
DXCM	D	0.1%	0.13%	0.1%
ENPH	F	0.03%	0.04%	0.03%
ENTG	D	0.05%	0.07%	0.05%
EQIX	A	0.28%	0.02%	0.02%
ETSY	D	0.02%	0.02%	0.02%
EXAS	D	0.03%	0.02%	0.02%
EXEL	B	0.04%	0.04%	0.04%
EXPE	B	0.07%	0.1%	0.07%
FAST	B	0.16%	0.17%	0.16%
FIVE	F	0.02%	0.02%	0.02%
FIVN	C	0.01%	0.01%	0.01%
FRPT	B	0.02%	0.01%	0.01%
FTNT	C	0.24%	0.21%	0.21%
GEHC	F	0.12%	0.01%	0.01%
GOOG	C	3.22%	1.92%	1.92%
GOOGL	C	3.35%	2.28%	2.28%
GTLB	B	0.03%	0.03%	0.03%
HAS	D	0.03%	0.03%	0.03%
HCP	B	0.01%	0.02%	0.01%
HON	B	0.49%	0.1%	0.1%
IDXX	F	0.11%	0.15%	0.11%
INCY	C	0.05%	0.0%	0.0%
INTU	C	0.63%	0.82%	0.63%
IONS	F	0.02%	0.02%	0.02%
IRDM	D	0.01%	0.0%	0.0%
ISRG	A	0.61%	0.83%	0.61%
ITCI	C	0.03%	0.04%	0.03%
KLAC	D	0.27%	0.37%	0.27%
LAMR	D	0.03%	0.01%	0.01%
LBRDK	C	0.04%	0.01%	0.01%
LECO	B	0.04%	0.01%	0.01%
LNW	D	0.03%	0.04%	0.03%
LOPE	B	0.02%	0.01%	0.01%
LPLA	A	0.08%	0.1%	0.08%
LRCX	F	0.3%	0.41%	0.3%
LSCC	D	0.02%	0.03%	0.02%
LULU	C	0.12%	0.16%	0.12%
LYFT	C	0.02%	0.02%	0.02%
MANH	D	0.06%	0.07%	0.06%
MASI	A	0.03%	0.02%	0.02%
MDB	C	0.07%	0.09%	0.07%
MEDP	D	0.03%	0.04%	0.03%
META	D	4.0%	3.54%	3.54%
MNST	C	0.17%	0.13%	0.13%
MORN	B	0.05%	0.04%	0.04%
MPWR	F	0.09%	0.12%	0.09%
MRVL	B	0.25%	0.03%	0.03%
MSFT	F	10.23%	4.36%	4.36%
MSTR	C	0.2%	0.02%	0.02%
NBIX	C	0.04%	0.05%	0.04%
NCNO	B	0.02%	0.01%	0.01%
NFLX	A	1.17%	1.6%	1.17%
NTAP	C	0.08%	0.05%	0.05%
NTNX	A	0.06%	0.02%	0.02%
NTRA	B	0.06%	0.08%	0.06%
NVDA	C	11.52%	11.16%	11.16%
NXST	C	0.02%	0.01%	0.01%
ODFL	B	0.15%	0.19%	0.15%
OKTA	C	0.04%	0.02%	0.02%
OLED	D	0.02%	0.02%	0.02%
ORLY	B	0.23%	0.28%	0.23%
PANW	C	0.41%	0.52%	0.41%
PAYX	C	0.17%	0.07%	0.07%
PCTY	B	0.04%	0.04%	0.04%
PEGA	A	0.03%	0.01%	0.01%
PEP	F	0.7%	0.76%	0.7%
PODD	C	0.06%	0.08%	0.06%
POOL	C	0.04%	0.06%	0.04%
PTC	A	0.07%	0.06%	0.06%
PYCR	C	0.01%	0.0%	0.0%
QCOM	F	0.59%	0.76%	0.59%
RARE	D	0.01%	0.02%	0.01%
REGN	F	0.27%	0.03%	0.03%
RGEN	D	0.02%	0.0%	0.0%
ROKU	D	0.03%	0.01%	0.01%
ROST	C	0.15%	0.05%	0.05%
SAIA	B	0.05%	0.04%	0.04%
SBUX	A	0.37%	0.39%	0.37%
SMCI	F	0.04%	0.05%	0.04%
SNPS	B	0.26%	0.35%	0.26%
SOFI	A	0.05%	0.01%	0.01%
SRPT	D	0.03%	0.04%	0.03%
TEAM	A	0.13%	0.17%	0.13%
TER	D	0.06%	0.06%	0.06%
TPG	A	0.02%	0.01%	0.01%
TSCO	D	0.1%	0.13%	0.1%
TSLA	B	3.4%	4.14%	3.4%
TTD	B	0.17%	0.23%	0.17%
TTEK	F	0.04%	0.01%	0.01%
TW	A	0.05%	0.03%	0.03%
TXG	F	0.01%	0.0%	0.0%
TXN	C	0.59%	0.1%	0.1%
TXRH	C	0.04%	0.06%	0.04%
ULTA	F	0.05%	0.07%	0.05%
VKTX	F	0.02%	0.02%	0.02%
VRSK	A	0.13%	0.18%	0.13%
VRSN	F	0.06%	0.0%	0.0%
VRTX	F	0.39%	0.27%	0.27%
WDAY	B	0.18%	0.24%	0.18%
WEN	D	0.01%	0.01%	0.01%
WFRD	D	0.02%	0.03%	0.02%
WING	D	0.03%	0.04%	0.03%
WSC	D	0.02%	0.01%	0.01%
WYNN	D	0.03%	0.0%	0.0%
XP	F	0.02%	0.0%	0.0%
ZBRA	B	0.07%	0.02%	0.02%
ZS	C	0.1%	0.08%	0.08%

ONEQ Overweight 679 Positions Relative to GGUS

Symbol	Grade	Weight
TMUS	B	0.89%
CSCO	B	0.76%
LIN	D	0.69%
CMCSA	B	0.54%
GILD	C	0.36%
INTC	D	0.35%
MU	D	0.35%
ADI	D	0.34%
MELI	D	0.32%
PYPL	B	0.29%
MDLZ	F	0.28%
CME	A	0.27%
MAR	B	0.25%
PDD	F	0.25%
ASML	F	0.21%
CSX	B	0.21%
CHTR	C	0.19%
ROP	B	0.19%
PCAR	B	0.19%
NXPI	D	0.18%
FANG	D	0.17%
AEP	D	0.16%
NDAQ	A	0.15%
EA	A	0.14%
KDP	D	0.14%
BKR	B	0.14%
CTSH	B	0.13%
EXC	C	0.13%
ACGL	D	0.13%
XEL	A	0.13%
AZN	D	0.12%
KHC	F	0.12%
WTW	B	0.11%
MCHP	D	0.11%
CCEP	C	0.11%
UAL	A	0.1%
ON	D	0.1%
FCNCA	A	0.1%
CSGP	D	0.1%
EBAY	D	0.1%
TTWO	A	0.1%
ANSS	B	0.09%
FITB	A	0.09%
GFS	C	0.08%
WBD	C	0.08%
TCOM	B	0.08%
SBAC	D	0.08%
BIIB	F	0.08%
HBAN	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
FSLR	F	0.07%
IBKR	A	0.07%
STX	D	0.07%
ZM	B	0.07%
WDC	D	0.07%
NTRS	A	0.07%
STLD	B	0.07%
CINF	A	0.07%
ILMN	D	0.07%
HOLX	D	0.06%
SSNC	B	0.06%
TRMB	B	0.06%
JD	D	0.06%
GEN	B	0.06%
JBHT	C	0.06%
CG	A	0.06%
ARGX	A	0.06%
GRAB	B	0.06%
CHKP	D	0.06%
PFG	D	0.06%
NDSN	B	0.05%
EWBC	A	0.05%
MRNA	F	0.05%
SNY	F	0.05%
SFM	A	0.05%
LNT	A	0.05%
VTRS	A	0.05%
AFRM	B	0.05%
FLEX	A	0.05%
ICLR	D	0.05%
UTHR	C	0.05%
ARM	D	0.05%
MKTX	D	0.04%
RIVN	F	0.04%
SEIC	B	0.04%
TECH	D	0.04%
HST	C	0.04%
NWSA	B	0.04%
NTES	D	0.04%
RPRX	D	0.04%
JKHY	D	0.04%
PAA	B	0.04%
GLPI	C	0.04%
RKLB	B	0.04%
CHRW	C	0.04%
BMRN	D	0.04%
BIDU	F	0.04%
LOGI	D	0.04%
FFIV	B	0.04%
SWKS	F	0.04%
MNDY	C	0.04%
Z	A	0.04%
CPB	D	0.04%
SMMT	D	0.04%
CYBR	B	0.04%
AKAM	D	0.04%
PPC	C	0.04%
REG	B	0.04%
EVRG	A	0.04%
DLTR	F	0.04%
CZR	F	0.03%
CVLT	B	0.03%
BOKF	B	0.03%
SAIC	F	0.03%
HSIC	B	0.03%
CSWI	A	0.03%
ZION	B	0.03%
COLB	A	0.03%
CHRD	D	0.03%
GLBE	B	0.03%
PNFP	B	0.03%
APA	D	0.03%
OTEX	D	0.03%
FRHC	B	0.03%
ROIV	C	0.03%
MTCH	D	0.03%
SIRI	C	0.03%
HLNE	B	0.03%
NICE	C	0.03%
FOX	A	0.03%
HQY	B	0.03%
PARA	C	0.03%
DOX	D	0.03%
FYBR	D	0.03%
LKQ	D	0.03%
BGNE	D	0.03%
RVMD	C	0.03%
FUTU	D	0.03%
PCVX	D	0.03%
INSM	C	0.03%
MTSI	B	0.03%
WWD	B	0.03%
FOXA	B	0.03%
BNTX	D	0.03%
COKE	C	0.03%
CBSH	A	0.03%
RGLD	C	0.03%
WIX	B	0.03%
WTFC	A	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
SFNC	B	0.02%
VERX	B	0.02%
GSHD	A	0.02%
OZK	B	0.02%
VIRT	B	0.02%
WDFC	B	0.02%
VRRM	D	0.02%
WBA	F	0.02%
TBBK	B	0.02%
GH	B	0.02%
TGTX	B	0.02%
FTDR	A	0.02%
WSFS	A	0.02%
AUR	C	0.02%
CCOI	B	0.02%
GLNG	C	0.02%
QFIN	B	0.02%
MGEE	C	0.02%
FRSH	C	0.02%
ALGM	D	0.02%
IPAR	B	0.02%
CVCO	A	0.02%
SKYW	B	0.02%
PI	D	0.02%
CATY	B	0.02%
BLKB	B	0.02%
AEIS	B	0.02%
KRYS	B	0.02%
KTOS	B	0.02%
DORM	B	0.02%
NWS	B	0.02%
LI	F	0.02%
ALKT	B	0.02%
CHCI	D	0.02%
NWL	B	0.02%
COLM	B	0.02%
BBIO	F	0.02%
ACLX	C	0.02%
CRNX	C	0.02%
VICR	B	0.02%
BANF	B	0.02%
LANC	C	0.02%
RUSHA	C	0.02%
LNTH	D	0.02%
ICUI	D	0.02%
TFSL	A	0.02%
SBRA	C	0.02%
AXSM	B	0.02%
SHC	F	0.02%
FIZZ	C	0.02%
BPMC	C	0.02%
BGC	C	0.02%
CALM	A	0.02%
PAYO	A	0.02%
TCBI	B	0.02%
ALKS	B	0.02%
IEP	F	0.02%
WMG	C	0.02%
CRUS	D	0.02%
VCTR	B	0.02%
ROAD	A	0.02%
PECO	A	0.02%
SANM	B	0.02%
EEFT	B	0.02%
PLXS	B	0.02%
IBOC	A	0.02%
INTA	A	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	D	0.02%
USLM	A	0.02%
PRCT	B	0.02%
ITRI	B	0.02%
QLYS	C	0.02%
EXPO	D	0.02%
HALO	F	0.02%
ONB	B	0.02%
BECN	B	0.02%
STEP	B	0.02%
FELE	B	0.02%
CYTK	F	0.02%
RMBS	C	0.02%
VRNS	D	0.02%
COOP	B	0.02%
TENB	C	0.02%
VLY	B	0.02%
SITM	B	0.02%
CHX	C	0.02%
AGNC	D	0.02%
LCID	F	0.02%
HWC	B	0.02%
ALTR	B	0.02%
GNTX	C	0.02%
SLM	A	0.02%
AMKR	D	0.02%
CWST	A	0.02%
REYN	D	0.02%
MMSI	B	0.02%
HTHT	D	0.02%
MARA	C	0.02%
ACT	D	0.02%
AVAV	D	0.02%
RDNT	B	0.02%
UBSI	B	0.02%
QXO	D	0.02%
LFUS	F	0.02%
LITE	B	0.02%
OLLI	D	0.02%
UPST	B	0.02%
STRL	B	0.02%
ACIW	B	0.02%
CGNX	C	0.02%
RCM	F	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
QRVO	F	0.02%
IESC	B	0.02%
UMBF	B	0.02%
EXLS	B	0.02%
NOVT	D	0.02%
ENSG	D	0.02%
CRVL	A	0.02%
UFPI	B	0.02%
MAT	D	0.02%
MMYT	B	0.02%
CRDO	B	0.02%
MIDD	C	0.02%
SPSC	C	0.02%
JAZZ	B	0.02%
ASND	D	0.02%
FFIN	B	0.02%
MKSI	C	0.02%
COLL	F	0.01%
SRAD	A	0.01%
BFST	C	0.01%
AMWD	C	0.01%
KRUS	B	0.01%
ODP	F	0.01%
WOOF	D	0.01%
BLMN	F	0.01%
PGNY	F	0.01%
LQDA	D	0.01%
PSNY	F	0.01%
GRFS	C	0.01%
JACK	D	0.01%
IQ	F	0.01%
CNTA	B	0.01%
BCYC	F	0.01%
BLBD	D	0.01%
GSM	D	0.01%
CNSL	C	0.01%
SAVA	D	0.01%
MOMO	D	0.01%
EBTC	B	0.01%
EMBC	C	0.01%
GDEN	B	0.01%
GIII	D	0.01%
IMKTA	C	0.01%
BVS	D	0.01%
LILAK	D	0.01%
TRS	B	0.01%
COGT	D	0.01%
MATW	C	0.01%
EYE	C	0.01%
BCBP	A	0.01%
CLOV	D	0.01%
MYGN	F	0.01%
RCKT	F	0.01%
SDGR	C	0.01%
BMBL	C	0.01%
TRNS	D	0.01%
MGPI	F	0.01%
ARDX	F	0.01%
AMRK	F	0.01%
PLUG	F	0.01%
ICHR	C	0.01%
TTGT	C	0.01%
TRDA	B	0.01%
STAA	F	0.01%
ASTL	B	0.01%
KC	A	0.01%
VRNT	C	0.01%
HROW	D	0.01%
NSSC	D	0.01%
VITL	D	0.01%
SPRY	D	0.01%
AOSL	C	0.01%
THRM	D	0.01%
IRON	B	0.01%
TLRY	F	0.01%
PLAY	D	0.01%
SCVL	F	0.01%
OPK	C	0.01%
CBRL	C	0.01%
NVEE	F	0.01%
AMED	F	0.01%
ISTR	B	0.01%
COHU	C	0.01%
TH	C	0.01%
IMCR	D	0.01%
PLYA	B	0.01%
FFIC	B	0.01%
VIR	D	0.01%
AVAH	B	0.01%
WASH	C	0.01%
GLUE	C	0.01%
PDFS	C	0.01%
OLPX	D	0.01%
HTLD	B	0.01%
IBUY	A	0.01%
KURA	F	0.01%
CLDX	F	0.01%
ANIP	F	0.01%
CEVA	B	0.01%
VECO	F	0.01%
FWRD	D	0.01%
MLCO	F	0.01%
HAFC	A	0.01%
RNW	D	0.01%
AVO	C	0.01%
SPT	C	0.01%
CMCO	B	0.01%
KALU	C	0.01%
FWRG	C	0.01%
CNDT	C	0.01%
VRDN	D	0.01%
BCRX	D	0.01%
BASE	C	0.01%
FLYW	C	0.01%
DOOO	F	0.01%
PFC	A	0.01%
SOUN	C	0.01%
DAWN	F	0.01%
UCTT	D	0.01%
TNDM	F	0.01%
SNDX	F	0.01%
MRTN	C	0.01%
SIMO	D	0.01%
UDMY	F	0.01%
WB	D	0.01%
SABR	C	0.01%
AHCO	F	0.01%
HLIT	D	0.01%
LBRDA	C	0.01%
SPNS	F	0.01%
INMD	C	0.01%
PLAB	C	0.01%
KRNT	C	0.01%
RDWR	B	0.01%
TVTX	B	0.01%
DLO	C	0.01%
XRX	F	0.01%
SCSC	B	0.01%
FTRE	D	0.01%
NAVI	C	0.01%
INFN	C	0.01%
INVA	D	0.01%
UNIT	B	0.01%
PDCO	D	0.01%
ECPG	B	0.01%
HBNC	B	0.01%
CRAI	B	0.01%
CENTA	C	0.01%
ARVN	D	0.01%
MBUU	C	0.01%
QNST	B	0.01%
WABC	B	0.01%
SAFT	C	0.01%
ANDE	D	0.01%
ACLS	F	0.01%
IAS	C	0.01%
MCRI	A	0.01%
ATEX	D	0.01%
WINA	B	0.01%
ENVX	F	0.01%
HAIN	C	0.01%
IREN	C	0.01%
PCT	C	0.01%
TWST	D	0.01%
NVCR	C	0.01%
RXST	F	0.01%
CRTO	C	0.01%
NEO	C	0.01%
AMSF	B	0.01%
FA	C	0.01%
PEBO	A	0.01%
MSEX	B	0.01%
PFBC	B	0.01%
TCBK	B	0.01%
ULH	B	0.01%
NEXT	B	0.01%
AKRO	B	0.01%
AZTA	D	0.01%
GDYN	B	0.01%
UPBD	B	0.01%
PAGP	A	0.01%
AXNX	C	0.01%
AUPH	B	0.01%
CNXN	C	0.01%
SBLK	F	0.01%
DGII	B	0.01%
CSGS	B	0.01%
HRMY	D	0.01%
MNKD	C	0.01%
HTZ	C	0.01%
OCFC	B	0.01%
MQ	F	0.01%
ERII	D	0.01%
RUN	F	0.01%
CHEF	A	0.01%
LBPH	A	0.01%
APOG	B	0.01%
VC	D	0.01%
MLKN	D	0.01%
PTGX	C	0.01%
AY	B	0.01%
ATSG	B	0.01%
DVAX	C	0.01%
TARS	B	0.01%
BUSE	B	0.01%
DNUT	D	0.01%
TMDX	F	0.01%
VSEC	C	0.01%
RRR	D	0.01%
IDYA	F	0.01%
TRMD	F	0.01%
GTX	D	0.01%
BEAM	D	0.01%
GABC	B	0.01%
LKFN	B	0.01%
ZLAB	C	0.01%
INBK	B	0.01%
JANX	C	0.01%
HPK	B	0.01%
RIOT	C	0.01%
LGIH	D	0.01%
ULCC	D	0.01%
GERN	D	0.01%
KYMR	D	0.01%
DYN	F	0.01%
IOVA	F	0.01%
CMPR	D	0.01%
ASTH	D	0.01%
DIOD	D	0.01%
VMEO	B	0.01%
MBIN	D	0.01%
VERA	B	0.01%
APPN	B	0.01%
ATAT	C	0.01%
NWBI	B	0.01%
ROIC	A	0.01%
JAMF	F	0.01%
EXTR	B	0.01%
ADUS	D	0.01%
BILI	D	0.01%
STRA	C	0.01%
CAKE	C	0.01%
EVCM	B	0.01%
HOPE	B	0.01%
SUPN	C	0.01%
STBA	B	0.01%
CPRX	C	0.01%
XNCR	B	0.01%
CNXC	F	0.01%
NTCT	C	0.01%
PTVE	B	0.01%
GDS	C	0.01%
YY	C	0.01%
PLUS	F	0.01%
PRDO	B	0.01%
ROCK	C	0.01%
RPD	C	0.01%
WERN	C	0.01%
IRTC	D	0.01%
VBTX	B	0.01%
SASR	B	0.01%
CHCO	B	0.01%
XPEL	C	0.01%
LAUR	A	0.01%
DCOM	A	0.01%
LGND	B	0.01%
NMRK	B	0.01%
CGON	F	0.01%
ALHC	C	0.01%
PRVA	B	0.01%
ARWR	F	0.01%
WSBC	A	0.01%
NNBR	C	0.01%
ARCB	C	0.01%
CLBK	B	0.01%
SYBT	B	0.01%
AMRX	C	0.01%
OSW	A	0.01%
SBCF	A	0.01%
PINC	B	0.01%
FLNC	C	0.01%
TTMI	B	0.01%
AMPH	D	0.01%
FRME	B	0.01%
VRNA	B	0.01%
UFPT	B	0.01%
WULF	C	0.01%
CASH	A	0.01%
MGNI	A	0.01%
KROS	D	0.01%
PSMT	C	0.01%
GOGL	F	0.01%
CIFR	B	0.01%
IDCC	A	0.01%
HURN	B	0.01%
CLSK	C	0.01%
VCYT	B	0.01%
OPCH	D	0.01%
TRUP	B	0.01%
FORM	D	0.01%
STNE	F	0.01%
EFSC	B	0.01%
FBNC	A	0.01%
XRAY	F	0.01%
HEES	B	0.01%
KLIC	B	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
TRMK	B	0.01%
GT	C	0.01%
NWE	B	0.01%
LMAT	A	0.01%
ICFI	F	0.01%
MYRG	B	0.01%
ALRM	C	0.01%
VIAV	B	0.01%
FFBC	A	0.01%
MRUS	F	0.01%
SMTC	B	0.01%
TFIN	A	0.01%
CENX	B	0.01%
PLTK	B	0.01%
MIRM	B	0.01%
OSIS	B	0.01%
GGAL	C	0.01%
ASTE	B	0.01%
FROG	C	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
EXPI	C	0.01%
NBTB	B	0.01%
BRZE	C	0.01%
SYNA	C	0.01%
SHOO	D	0.01%
VCEL	B	0.01%
ERIC	B	0.01%
MRCY	B	0.01%
SGRY	F	0.01%
BANR	B	0.01%
OMCL	C	0.01%
SRRK	B	0.01%
MGRC	B	0.01%
NPAB	B	0.01%
PPBI	B	0.01%
PATK	D	0.01%
ACAD	D	0.01%
ACHC	F	0.01%
ATRC	C	0.01%
INDB	B	0.01%
IOSP	B	0.01%
NARI	C	0.01%
FOLD	F	0.01%
SATS	D	0.01%
PLMR	B	0.01%
RBCAA	B	0.01%
ZD	C	0.01%
NEOG	F	0.01%
PRGS	A	0.01%
ZG	A	0.01%
HWKN	B	0.01%
TOWN	B	0.01%
BL	B	0.01%
LEGN	F	0.01%
RNA	D	0.01%
AVT	C	0.01%
SLAB	D	0.01%
ESGR	B	0.01%
VOD	F	0.01%
POWI	D	0.01%
CARG	C	0.01%
OTTR	C	0.01%
WVE	C	0.01%
IAC	D	0.01%
FULT	A	0.01%
XENE	D	0.01%
JJSF	B	0.01%
PTCT	B	0.01%
IBTX	B	0.01%
URBN	C	0.01%
NMIH	D	0.01%
PENN	C	0.01%
BZ	F	0.01%
DRVN	B	0.01%
AMBA	B	0.01%
LFST	C	0.01%
HUBG	A	0.01%
ACVA	B	0.01%
ADMA	B	0.01%
RYTM	C	0.01%
CVBF	A	0.01%
EBC	B	0.01%
DNLI	D	0.01%
AGIO	C	0.01%
HTLF	B	0.01%
PCH	D	0.01%
BHF	B	0.01%
FIBK	A	0.01%
SMPL	B	0.01%
SNEX	B	0.01%
WAFD	B	0.01%
ASO	F	0.01%
NSIT	F	0.01%
FHB	A	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
AGYS	A	0.01%
POWL	C	0.01%

ONEQ Underweight 225 Positions Relative to GGUS

Symbol	Grade	Weight
LLY	F	-2.56%
V	A	-2.16%
MA	C	-1.9%
HD	A	-1.43%
ORCL	B	-1.28%
CRM	B	-1.13%
MRK	F	-1.08%
NOW	A	-0.91%
KO	D	-0.61%
UBER	D	-0.61%
BX	A	-0.57%
PGR	A	-0.56%
ABBV	D	-0.56%
PLTR	B	-0.54%
ANET	C	-0.42%
AMT	D	-0.41%
WM	A	-0.39%
PG	A	-0.39%
TJX	A	-0.35%
SHW	A	-0.35%
CMG	B	-0.35%
MCO	B	-0.33%
UNP	C	-0.3%
ZTS	D	-0.29%
SPOT	B	-0.29%
APO	B	-0.28%
AXP	A	-0.26%
NKE	D	-0.25%
VST	B	-0.23%
AMP	A	-0.23%
ECL	D	-0.23%
AZO	C	-0.22%
GS	A	-0.22%
APH	A	-0.21%
FICO	B	-0.2%
CL	D	-0.19%
NU	C	-0.19%
TRGP	B	-0.19%
GWW	B	-0.19%
VRT	B	-0.19%
COR	B	-0.18%
SNOW	C	-0.18%
GE	D	-0.18%
SYK	C	-0.18%
MSI	B	-0.17%
FI	A	-0.17%
IT	C	-0.17%
LMT	D	-0.16%
UNH	C	-0.16%
HUBS	A	-0.15%
MCK	B	-0.15%
HLT	A	-0.14%
VEEV	C	-0.14%
TT	A	-0.14%
KKR	A	-0.13%
ITW	B	-0.13%
ARES	A	-0.13%
RBLX	C	-0.12%
GDDY	A	-0.12%
MSCI	C	-0.12%
DECK	A	-0.12%
HES	B	-0.12%
CAT	B	-0.12%
NET	B	-0.12%
CPNG	D	-0.12%
BR	A	-0.11%
CPAY	A	-0.11%
LNG	B	-0.11%
TPL	A	-0.11%
SQ	B	-0.1%
TYL	B	-0.1%
SYY	B	-0.1%
RCL	A	-0.09%
IRM	D	-0.09%
LII	A	-0.09%
LYV	A	-0.09%
CLX	B	-0.09%
HEI	B	-0.08%
LVS	C	-0.08%
PINS	D	-0.08%
CAH	B	-0.08%
BURL	A	-0.08%
TOST	B	-0.08%
BAH	F	-0.08%
KMB	D	-0.08%
ELV	F	-0.07%
EQH	B	-0.07%
SPG	B	-0.07%
MMC	B	-0.07%
HCA	F	-0.07%
DT	C	-0.07%
FIX	A	-0.07%
BA	F	-0.07%
XPO	B	-0.07%
WAT	B	-0.06%
PSTG	D	-0.06%
MCD	D	-0.06%
TDG	D	-0.06%
MMM	D	-0.06%
WST	C	-0.06%
URI	B	-0.06%
ROL	B	-0.06%
PWR	A	-0.06%
YUM	B	-0.06%
WSM	B	-0.05%
DRI	B	-0.05%
KNSL	B	-0.05%
MOH	F	-0.05%
NCLH	B	-0.05%
VLTO	D	-0.05%
BRO	B	-0.05%
OWL	A	-0.05%
HEI	B	-0.05%
SCHW	B	-0.05%
DVA	B	-0.04%
EW	C	-0.04%
PEN	B	-0.04%
NRG	B	-0.04%
PSA	D	-0.04%
CI	F	-0.04%
ALL	A	-0.04%
SCCO	F	-0.04%
HPQ	B	-0.04%
CVNA	B	-0.04%
TPX	B	-0.04%
EME	C	-0.04%
MS	A	-0.04%
VMC	B	-0.04%
RMD	C	-0.04%
MUSA	A	-0.04%
MTN	C	-0.03%
FOUR	B	-0.03%
EFX	F	-0.03%
AVY	D	-0.03%
ELF	C	-0.03%
GLOB	B	-0.03%
FDS	B	-0.03%
RYAN	B	-0.03%
TREX	C	-0.03%
SMAR	A	-0.03%
ESTC	C	-0.03%
PAYC	B	-0.03%
GWRE	A	-0.03%
PCOR	B	-0.03%
EXP	A	-0.03%
HSY	F	-0.02%
CHH	A	-0.02%
LW	C	-0.02%
JEF	A	-0.02%
IQV	D	-0.02%
RPM	A	-0.02%
JLL	D	-0.02%
FND	C	-0.02%
AJG	B	-0.02%
MKL	A	-0.02%
PLNT	A	-0.02%
AZEK	A	-0.02%
PATH	C	-0.02%
INSP	D	-0.02%
LPX	B	-0.02%
GNRC	B	-0.02%
DPZ	C	-0.02%
DELL	C	-0.02%
EL	F	-0.02%
VVV	F	-0.02%
CNM	D	-0.02%
JBL	B	-0.01%
EQT	B	-0.01%
ALLY	C	-0.01%
TKO	B	-0.01%
SN	D	-0.01%
CIVI	D	-0.01%
DV	C	-0.01%
AM	A	-0.01%
HRB	D	-0.01%
BROS	B	-0.01%
CLF	F	-0.01%
AWI	A	-0.01%
MLM	B	-0.01%
PFGC	B	-0.01%
BLDR	D	-0.01%
ONTO	D	-0.01%
SITE	D	-0.01%
PR	B	-0.01%
CE	F	-0.01%
BILL	A	-0.01%
EG	C	-0.01%
EXPD	D	-0.01%
UHAL	D	-0.01%
BWXT	B	-0.01%
U	C	-0.01%
RNG	B	-0.01%
TWLO	A	-0.01%
TDC	D	-0.01%
HWM	A	-0.01%
ROK	B	-0.01%
CSL	C	-0.01%
WMS	D	-0.01%
UWMC	D	-0.0%
SEE	C	-0.0%
SPR	D	-0.0%
NFE	D	-0.0%
RLI	B	-0.0%
DOCS	C	-0.0%
SAM	C	-0.0%
WU	D	-0.0%
HLI	B	-0.0%
SKX	D	-0.0%
BLD	D	-0.0%
WEX	D	-0.0%
SSD	D	-0.0%
RH	B	-0.0%
KBR	F	-0.0%
DAY	B	-0.0%
KMX	B	-0.0%
EPAM	C	-0.0%
CHE	D	-0.0%
S	B	-0.0%
WH	B	-0.0%
BFAM	D	-0.0%
YETI	C	-0.0%
H	B	-0.0%
UI	A	-0.0%
TRU	D	-0.0%
DKS	C	-0.0%