ONEQ vs. ILCG ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to iShares Morningstar Growth ETF (ILCG)

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

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$83.77

Average Daily Volume

99,244

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	ILCG
30 Days	3.39%	3.29%
60 Days	4.50%	5.88%
90 Days	2.34%	2.90%
12 Months	38.67%	40.86%

135 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in ILCG	Overlap
AAPL	C	11.98%	6.66%	6.66%
ABNB	D	0.2%	0.23%	0.2%
ACGL	B	0.15%	0.06%	0.06%
ADBE	F	0.8%	0.95%	0.8%
ADI	C	0.39%	0.08%	0.08%
ADP	C	0.39%	0.17%	0.17%
ADSK	B	0.19%	0.24%	0.19%
AKAM	D	0.05%	0.03%	0.03%
ALGN	D	0.07%	0.05%	0.05%
ALNY	C	0.12%	0.14%	0.12%
AMAT	D	0.55%	0.26%	0.26%
AMD	C	0.87%	1.04%	0.87%
AMZN	C	6.94%	7.51%	6.94%
ANSS	D	0.09%	0.11%	0.09%
APP	C	0.13%	0.11%	0.11%
AVGO	C	2.73%	1.82%	1.82%
AXON	B	0.1%	0.11%	0.1%
BKNG	B	0.46%	0.19%	0.19%
BKR	C	0.12%	0.07%	0.07%
BMRN	F	0.05%	0.05%	0.05%
BRKR	D	0.03%	0.03%	0.03%
BSY	C	0.05%	0.03%	0.03%
CASY	D	0.05%	0.04%	0.04%
CDNS	D	0.25%	0.3%	0.25%
CDW	D	0.1%	0.12%	0.1%
CELH	F	0.03%	0.02%	0.02%
CHDN	D	0.03%	0.04%	0.03%
CINF	C	0.07%	0.03%	0.03%
COIN	F	0.12%	0.14%	0.12%
COST	C	1.38%	0.76%	0.76%
CPRT	D	0.17%	0.19%	0.17%
CRWD	D	0.24%	0.27%	0.24%
CSGP	D	0.11%	0.13%	0.11%
CTAS	C	0.27%	0.29%	0.27%
DASH	B	0.19%	0.18%	0.18%
DDOG	D	0.12%	0.14%	0.12%
DKNG	C	0.06%	0.04%	0.04%
DLTR	F	0.05%	0.03%	0.03%
DOCU	C	0.04%	0.05%	0.04%
DXCM	F	0.1%	0.11%	0.1%
EA	D	0.12%	0.1%	0.1%
EBAY	B	0.11%	0.05%	0.05%
ENPH	D	0.06%	0.07%	0.06%
ENTG	D	0.06%	0.04%	0.04%
EQIX	B	0.28%	0.34%	0.28%
ERIE	B	0.09%	0.06%	0.06%
EXAS	D	0.05%	0.05%	0.05%
EXPE	C	0.06%	0.04%	0.04%
FAST	C	0.15%	0.17%	0.15%
FCNCA	D	0.09%	0.09%	0.09%
FFIV	B	0.04%	0.02%	0.02%
FLEX	B	0.05%	0.02%	0.02%
FSLR	C	0.09%	0.1%	0.09%
FTNT	B	0.2%	0.21%	0.2%
GEHC	B	0.14%	0.07%	0.07%
GOOG	D	3.18%	1.79%	1.79%
GOOGL	D	3.31%	2.0%	2.0%
HOOD	C	0.06%	0.05%	0.05%
IBKR	B	0.05%	0.06%	0.05%
IDXX	D	0.14%	0.17%	0.14%
ILMN	D	0.08%	0.08%	0.08%
INCY	C	0.04%	0.02%	0.02%
INTU	D	0.62%	0.73%	0.62%
ISRG	C	0.59%	0.7%	0.59%
JBHT	D	0.06%	0.04%	0.04%
JKHY	B	0.04%	0.05%	0.04%
KDP	B	0.17%	0.06%	0.06%
KLAC	D	0.35%	0.17%	0.17%
LECO	D	0.03%	0.04%	0.03%
LIN	B	0.76%	0.17%	0.17%
LPLA	D	0.06%	0.07%	0.06%
LRCX	D	0.35%	0.16%	0.16%
LULU	D	0.11%	0.12%	0.11%
MANH	B	0.06%	0.07%	0.06%
MAR	B	0.23%	0.04%	0.04%
MCHP	D	0.14%	0.07%	0.07%
MDB	D	0.07%	0.08%	0.07%
MEDP	F	0.04%	0.04%	0.04%
MELI	C	0.37%	0.42%	0.37%
META	B	4.23%	2.86%	2.86%
MNST	D	0.18%	0.15%	0.15%
MORN	C	0.05%	0.04%	0.04%
MPWR	B	0.15%	0.17%	0.15%
MRNA	F	0.09%	0.04%	0.04%
MRVL	D	0.22%	0.25%	0.22%
MSFT	C	11.17%	13.04%	11.17%
MSTR	C	0.09%	0.07%	0.07%
NBIX	F	0.04%	0.05%	0.04%
NDAQ	C	0.15%	0.05%	0.05%
NDSN	C	0.05%	0.05%	0.05%
NFLX	B	1.04%	1.27%	1.04%
NTAP	D	0.08%	0.05%	0.05%
NTNX	D	0.05%	0.06%	0.05%
NTRA	C	0.06%	0.06%	0.06%
NVDA	C	9.83%	11.72%	9.83%
ODFL	D	0.14%	0.15%	0.14%
OKTA	F	0.04%	0.05%	0.04%
ON	D	0.11%	0.04%	0.04%
ORLY	B	0.22%	0.06%	0.06%
PANW	D	0.38%	0.45%	0.38%
PAYX	C	0.16%	0.18%	0.16%
PODD	C	0.06%	0.07%	0.06%
POOL	C	0.05%	0.03%	0.03%
PTC	C	0.07%	0.09%	0.07%
QRVO	F	0.04%	0.02%	0.02%
REG	C	0.04%	0.02%	0.02%
ROP	C	0.2%	0.11%	0.11%
ROST	C	0.17%	0.2%	0.17%
SAIA	D	0.04%	0.05%	0.04%
SBAC	C	0.09%	0.11%	0.09%
SBUX	C	0.38%	0.15%	0.15%
SMCI	F	0.09%	0.09%	0.09%
SNPS	F	0.27%	0.32%	0.27%
SRPT	F	0.04%	0.05%	0.04%
TEAM	D	0.09%	0.1%	0.09%
TECH	C	0.04%	0.05%	0.04%
TER	C	0.08%	0.04%	0.04%
TMUS	B	0.78%	0.09%	0.09%
TRMB	C	0.05%	0.04%	0.04%
TSCO	B	0.1%	0.09%	0.09%
TSLA	C	2.63%	2.89%	2.63%
TTD	B	0.17%	0.2%	0.17%
TTEK	C	0.04%	0.05%	0.04%
TTWO	D	0.09%	0.1%	0.09%
TW	B	0.05%	0.06%	0.05%
ULTA	D	0.06%	0.04%	0.04%
VRSK	D	0.13%	0.15%	0.13%
VRSN	C	0.06%	0.06%	0.06%
VRTX	D	0.41%	0.22%	0.22%
WDAY	D	0.18%	0.21%	0.18%
WING	C	0.04%	0.05%	0.04%
WTW	B	0.1%	0.06%	0.06%
WYNN	C	0.03%	0.03%	0.03%
ZBRA	B	0.07%	0.06%	0.06%
ZS	F	0.09%	0.07%	0.07%

ONEQ Overweight 715 Positions Relative to ILCG

Symbol	Grade	Weight
PEP	D	0.79%
CSCO	B	0.72%
QCOM	D	0.65%
TXN	B	0.63%
AMGN	D	0.62%
CMCSA	C	0.53%
HON	C	0.45%
REGN	D	0.42%
MU	D	0.35%
GILD	B	0.35%
MDLZ	C	0.34%
INTC	D	0.32%
CEG	C	0.28%
CME	B	0.27%
PYPL	B	0.27%
ASML	F	0.26%
PDD	D	0.23%
CSX	C	0.22%
NXPI	D	0.2%
PCAR	D	0.18%
AEP	C	0.18%
CHTR	D	0.16%
AZN	D	0.15%
KHC	C	0.14%
XEL	B	0.13%
CTSH	B	0.13%
EXC	B	0.13%
CCEP	C	0.12%
FANG	F	0.11%
BIIB	F	0.1%
FITB	B	0.09%
GFS	F	0.08%
WDC	C	0.08%
STX	B	0.08%
TROW	C	0.08%
ICLR	F	0.08%
PFG	B	0.07%
TCOM	B	0.07%
HBAN	B	0.07%
WBD	D	0.07%
CHKP	B	0.07%
UAL	B	0.06%
ARGX	B	0.06%
ZM	C	0.06%
SMMT	D	0.06%
SSNC	C	0.06%
HOLX	D	0.06%
ARM	C	0.06%
SNY	B	0.06%
NTRS	C	0.06%
STLD	C	0.06%
VTRS	D	0.05%
MNDY	C	0.05%
LOGI	D	0.05%
JD	A	0.05%
GRAB	B	0.05%
LNT	A	0.05%
SWKS	F	0.05%
CPB	C	0.05%
UTHR	B	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%
RGLD	C	0.04%
PPC	D	0.04%
COKE	C	0.04%
INSM	D	0.04%
SFM	B	0.04%
EWBC	C	0.04%
CHRW	B	0.04%
BNTX	C	0.04%
Z	C	0.04%
PAA	D	0.04%
CYBR	B	0.04%
HST	D	0.04%
RPRX	C	0.04%
AFRM	D	0.04%
GLPI	C	0.04%
BIDU	C	0.04%
RIVN	F	0.04%
PCVX	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%
VKTX	D	0.03%
MMYT	D	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%
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%
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%
QLYS	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%
DBX	C	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%
ACIW	B	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%
CRUS	D	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%
CVLT	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 252 Positions Relative to ILCG

Symbol	Grade	Weight
LLY	D	-3.2%
V	C	-1.86%
MA	B	-1.63%
CRM	C	-1.03%
NOW	C	-0.78%
UBER	C	-0.64%
GE	C	-0.45%
MRK	F	-0.43%
ANET	C	-0.4%
PGR	C	-0.33%
CMG	D	-0.32%
TDG	B	-0.32%
ORCL	B	-0.31%
UNH	C	-0.3%
PLTR	C	-0.3%
ETN	C	-0.3%
SPGI	C	-0.28%
BSX	B	-0.24%
HLT	B	-0.23%
BX	C	-0.22%
AXP	B	-0.21%
SYK	C	-0.21%
AZO	B	-0.21%
DIS	D	-0.2%
CAT	B	-0.19%
MCD	B	-0.19%
TT	B	-0.19%
GWW	B	-0.19%
FICO	B	-0.19%
MCO	C	-0.18%
PWR	B	-0.18%
APH	C	-0.18%
MSCI	C	-0.18%
A	C	-0.17%
SYY	C	-0.16%
DLR	B	-0.16%
ZTS	B	-0.16%
IT	C	-0.16%
AME	C	-0.16%
IR	B	-0.16%
CARR	B	-0.16%
EW	F	-0.16%
HWM	B	-0.16%
PH	B	-0.15%
NEM	C	-0.15%
GEV	B	-0.15%
RMD	C	-0.15%
TJX	C	-0.15%
SNOW	F	-0.15%
EFX	C	-0.15%
SQ	D	-0.15%
YUM	B	-0.15%
HES	F	-0.15%
MLM	D	-0.14%
VMC	C	-0.14%
TMO	B	-0.14%
VRT	C	-0.14%
ECL	B	-0.14%
VEEV	C	-0.13%
AMP	B	-0.13%
MTD	C	-0.13%
WAB	B	-0.13%
XYL	C	-0.13%
WELL	C	-0.12%
ARES	B	-0.12%
MMC	C	-0.12%
ACN	C	-0.12%
RCL	B	-0.12%
JCI	B	-0.12%
SHW	B	-0.12%
CMI	B	-0.12%
PLD	C	-0.12%
ROK	D	-0.12%
HUBS	D	-0.11%
PSA	C	-0.11%
IQV	D	-0.11%
TRV	C	-0.1%
STE	B	-0.1%
DECK	C	-0.1%
TEL	D	-0.1%
NKE	D	-0.1%
OTIS	B	-0.1%
TYL	C	-0.1%
KKR	B	-0.1%
RBLX	C	-0.1%
BR	C	-0.1%
MSI	B	-0.1%
BRO	C	-0.1%
CL	C	-0.1%
CHD	C	-0.1%
URI	B	-0.1%
NET	D	-0.1%
COR	F	-0.09%
ALL	C	-0.09%
GDDY	C	-0.09%
EL	D	-0.09%
STZ	C	-0.09%
WM	D	-0.09%
WST	D	-0.09%
HUBB	B	-0.09%
VST	B	-0.09%
CBRE	B	-0.09%
DOV	B	-0.08%
MCK	F	-0.08%
FTV	C	-0.08%
DFS	C	-0.08%
CPNG	B	-0.08%
AON	B	-0.08%
LII	C	-0.08%
CSL	B	-0.08%
INVH	D	-0.08%
AJG	D	-0.08%
EME	B	-0.08%
FI	B	-0.08%
TRU	B	-0.08%
D	C	-0.08%
HEI	C	-0.07%
AVB	C	-0.07%
IEX	C	-0.07%
CPAY	B	-0.07%
FWONK	C	-0.07%
KMB	C	-0.07%
ICE	C	-0.07%
DD	B	-0.07%
WSO	C	-0.07%
SUI	C	-0.07%
BURL	C	-0.07%
GRMN	D	-0.07%
IRM	C	-0.07%
PCG	C	-0.07%
FDS	C	-0.07%
LVS	C	-0.07%
CTVA	B	-0.07%
O	B	-0.07%
TPL	C	-0.07%
EXR	C	-0.06%
DAL	C	-0.06%
FIX	B	-0.06%
AWK	C	-0.06%
RJF	C	-0.06%
APO	B	-0.06%
HAL	F	-0.06%
TRGP	C	-0.06%
GGG	C	-0.06%
DT	C	-0.06%
DPZ	D	-0.06%
ROL	C	-0.06%
PSTG	F	-0.06%
COO	C	-0.06%
VLTO	B	-0.06%
BAH	B	-0.06%
HSY	D	-0.06%
DOW	C	-0.06%
LYV	A	-0.06%
TDY	B	-0.05%
ZBH	F	-0.05%
BLDR	C	-0.05%
HEI	C	-0.05%
MKC	C	-0.05%
MOH	D	-0.05%
SNAP	D	-0.05%
KIM	C	-0.05%
NVT	C	-0.05%
PNR	B	-0.05%
PPG	C	-0.05%
PFGC	B	-0.05%
WSM	C	-0.05%
BALL	C	-0.05%
KEYS	B	-0.05%
RSG	D	-0.05%
LNG	D	-0.05%
J	A	-0.05%
AMH	D	-0.05%
PHM	B	-0.05%
MKL	C	-0.05%
FND	C	-0.05%
CLH	C	-0.05%
CLX	C	-0.05%
EQT	C	-0.05%
WAT	B	-0.05%
DELL	C	-0.05%
APTV	D	-0.04%
LDOS	A	-0.04%
PAYC	D	-0.04%
AVY	C	-0.04%
XPO	D	-0.04%
VTR	C	-0.04%
ESS	C	-0.04%
SLB	F	-0.04%
LW	D	-0.04%
DAY	D	-0.04%
DRI	C	-0.04%
WRB	D	-0.04%
EQR	C	-0.04%
GPN	D	-0.04%
RPM	B	-0.04%
AVTR	C	-0.04%
PINS	D	-0.04%
TWLO	C	-0.04%
WMS	D	-0.04%
SCI	C	-0.03%
RRX	C	-0.03%
HII	F	-0.03%
AZPN	B	-0.03%
NRG	B	-0.03%
KMX	D	-0.03%
CRL	F	-0.03%
UHS	C	-0.03%
RVTY	B	-0.03%
U	D	-0.03%
JBL	C	-0.03%
MAA	C	-0.03%
CTRA	F	-0.03%
USFD	C	-0.03%
CMS	B	-0.03%
AOS	B	-0.03%
ALLE	B	-0.03%
BLD	C	-0.03%
SWK	B	-0.03%
LUV	C	-0.03%
MAS	B	-0.03%
TXT	D	-0.03%
CNM	F	-0.03%
CE	D	-0.03%
ELS	D	-0.03%
GEN	A	-0.03%
GPC	D	-0.03%
TSN	D	-0.03%
UDR	C	-0.03%
ACM	B	-0.03%
AFG	C	-0.02%
DVA	B	-0.02%
MGM	D	-0.02%
CCK	B	-0.02%
TFX	B	-0.02%
BJ	D	-0.02%
SNA	B	-0.02%
PCOR	D	-0.02%
ALB	D	-0.02%
ARE	C	-0.02%
DKS	D	-0.02%
EPAM	F	-0.02%
TOL	A	-0.02%
CPT	C	-0.02%
ALAB	C	-0.01%
FWONA	C	-0.01%
WLK	C	-0.01%
COTY	D	-0.01%
HRL	F	-0.01%
WTRG	D	-0.01%
UHAL	B	-0.01%
UHAL	B	-0.0%