ONEQ vs. IWS ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to iShares Russell Mid-cap Value ETF (IWS)

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 IndexÂ®. 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

$69.93

Average Daily Volume

243,238

Number of Holdings ^*

896

* may have additional holdings in another (foreign) market

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value 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. It seeks to track the investment results of the Russell Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$120.74

Average Daily Volume

276,458

Number of Holdings ^*

696

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	IWS
30 Days	5.02%	0.41%
60 Days	11.36%	0.30%
90 Days	8.75%	-3.35%
12 Months	31.94%	12.68%

197 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in IWS	Overlap
AAL	F	0.02%	0.06%	0.02%
ACGL	B	0.13%	0.4%	0.13%
ACHC	D	0.02%	0.08%	0.02%
AFRM	F	0.03%	0.09%	0.03%
AGNC	B	0.02%	0.09%	0.02%
AKAM	F	0.05%	0.17%	0.05%
ALNY	B	0.11%	0.08%	0.08%
AMED	F	0.01%	0.04%	0.01%
ANSS	D	0.09%	0.06%	0.06%
APA	D	0.04%	0.04%	0.04%
APP	B	0.08%	0.16%	0.08%
AVT	C	0.01%	0.06%	0.01%
AZTA	D	0.01%	0.04%	0.01%
BHF	D	0.01%	0.03%	0.01%
BIIB	C	0.12%	0.42%	0.12%
BKR	B	0.12%	0.44%	0.12%
BMRN	C	0.06%	0.18%	0.06%
BOKF	C	0.02%	0.03%	0.02%
BPOP	C	0.02%	0.08%	0.02%
BSY	D	0.05%	0.01%	0.01%
CACC	C	0.02%	0.04%	0.02%
CAR	F	0.01%	0.02%	0.01%
CASY	B	0.05%	0.16%	0.05%
CBSH	C	0.03%	0.08%	0.03%
CDW	D	0.1%	0.02%	0.02%
CEG	C	0.23%	0.85%	0.23%
CERT	D	0.01%	0.01%	0.01%
CG	C	0.05%	0.11%	0.05%
CGNX	C	0.03%	0.1%	0.03%
CHK	D	0.04%	0.13%	0.04%
CHRW	B	0.03%	0.03%	0.03%
CINF	C	0.06%	0.23%	0.06%
CNXC	D	0.02%	0.04%	0.02%
COIN	C	0.16%	0.49%	0.16%
COLB	D	0.02%	0.05%	0.02%
COLM	D	0.02%	0.03%	0.02%
CRUS	A	0.02%	0.09%	0.02%
CSGP	D	0.1%	0.22%	0.1%
CTAS	B	0.25%	0.09%	0.09%
CTSH	C	0.12%	0.44%	0.12%
CZR	C	0.03%	0.06%	0.03%
DASH	D	0.14%	0.1%	0.1%
DBX	D	0.02%	0.01%	0.01%
DLTR	F	0.08%	0.28%	0.08%
DOX	D	0.03%	0.12%	0.03%
DRVN	D	0.01%	0.01%	0.01%
EA	B	0.13%	0.49%	0.13%
EBAY	B	0.09%	0.33%	0.09%
EEFT	D	0.02%	0.03%	0.02%
ENTG	B	0.07%	0.24%	0.07%
ETSY	F	0.03%	0.04%	0.03%
EVRG	C	0.04%	0.15%	0.04%
EWBC	C	0.03%	0.13%	0.03%
EXAS	F	0.03%	0.07%	0.03%
EXEL	B	0.02%	0.02%	0.02%
EXPE	C	0.05%	0.06%	0.05%
FANG	C	0.12%	0.46%	0.12%
FAST	F	0.12%	0.12%	0.12%
FCNCA	C	0.08%	0.21%	0.08%
FFIV	C	0.03%	0.13%	0.03%
FHB	C	0.01%	0.03%	0.01%
FITB	C	0.08%	0.31%	0.08%
FOX	A	0.02%	0.06%	0.02%
FOXA	A	0.02%	0.11%	0.02%
FRPT	B	0.02%	0.05%	0.02%
FSLR	C	0.09%	0.34%	0.09%
FTRE	D	0.01%	0.02%	0.01%
FYBR	B	0.02%	0.08%	0.02%
GFS	C	0.1%	0.06%	0.06%
GLPI	B	0.04%	0.15%	0.04%
GNTX	D	0.02%	0.1%	0.02%
GO	D	0.01%	0.03%	0.01%
HAS	C	0.03%	0.1%	0.03%
HBAN	C	0.06%	0.24%	0.06%
HCP	A	0.02%	0.01%	0.01%
HOLX	C	0.06%	0.22%	0.06%
HOOD	B	0.06%	0.18%	0.06%
HSIC	F	0.03%	0.11%	0.03%
HST	D	0.04%	0.16%	0.04%
HTZ	F	0.01%	0.01%	0.01%
IAC	D	0.01%	0.04%	0.01%
IART	C	0.01%	0.03%	0.01%
IBKR	B	0.05%	0.16%	0.05%
ICLR	C	0.09%	0.28%	0.09%
ICUI	B	0.01%	0.03%	0.01%
ILMN	F	0.06%	0.15%	0.06%
INCY	B	0.04%	0.04%	0.04%
IONS	B	0.03%	0.01%	0.01%
IPGP	D	0.02%	0.03%	0.02%
IRDM	F	0.01%	0.0%	0.0%
JAZZ	F	0.02%	0.04%	0.02%
JBHT	F	0.05%	0.13%	0.05%
JKHY	B	0.04%	0.11%	0.04%
LAMR	A	0.03%	0.03%	0.03%
LBRDA	C	0.0%	0.01%	0.0%
LBRDK	C	0.02%	0.06%	0.02%
LCID	F	0.02%	0.02%	0.02%
LECO	D	0.03%	0.01%	0.01%
LFUS	C	0.02%	0.08%	0.02%
LITE	B	0.01%	0.04%	0.01%
LKQ	F	0.03%	0.14%	0.03%
LNT	C	0.04%	0.17%	0.04%
LOPE	C	0.01%	0.04%	0.01%
LSTR	B	0.02%	0.02%	0.02%
MAT	F	0.02%	0.07%	0.02%
MCHP	C	0.16%	0.17%	0.16%
MIDD	F	0.02%	0.08%	0.02%
MKSI	B	0.03%	0.11%	0.03%
MRCY	F	0.01%	0.02%	0.01%
MRVI	D	0.01%	0.0%	0.0%
MRVL	C	0.21%	0.75%	0.21%
MTCH	F	0.03%	0.01%	0.01%
NCNO	C	0.02%	0.03%	0.02%
NDAQ	C	0.12%	0.29%	0.12%
NDSN	D	0.04%	0.17%	0.04%
NTAP	A	0.09%	0.21%	0.09%
NTNX	D	0.05%	0.13%	0.05%
NTRS	C	0.06%	0.22%	0.06%
NWL	F	0.01%	0.03%	0.01%
NWS	A	0.02%	0.04%	0.02%
NWSA	A	0.03%	0.14%	0.03%
NXST	C	0.02%	0.04%	0.02%
ODFL	D	0.13%	0.03%	0.03%
OKTA	C	0.05%	0.17%	0.05%
OLED	A	0.03%	0.07%	0.03%
OLLI	B	0.02%	0.05%	0.02%
ON	F	0.1%	0.38%	0.1%
OZK	D	0.01%	0.06%	0.01%
PARA	D	0.03%	0.08%	0.03%
PCAR	D	0.19%	0.69%	0.19%
PENN	C	0.01%	0.04%	0.01%
PFG	D	0.06%	0.24%	0.06%
PINC	F	0.01%	0.03%	0.01%
PLTK	F	0.01%	0.0%	0.0%
PLUG	F	0.01%	0.02%	0.01%
PNFP	C	0.02%	0.08%	0.02%
PPC	A	0.03%	0.02%	0.02%
PTC	C	0.07%	0.13%	0.07%
PYCR	F	0.01%	0.01%	0.01%
QRVO	B	0.03%	0.14%	0.03%
RCM	B	0.02%	0.02%	0.02%
REG	B	0.04%	0.14%	0.04%
REYN	C	0.02%	0.02%	0.02%
RGEN	D	0.02%	0.05%	0.02%
RGLD	C	0.03%	0.11%	0.03%
RIVN	C	0.05%	0.12%	0.05%
ROKU	D	0.03%	0.08%	0.03%
ROST	B	0.17%	0.04%	0.04%
RPRX	F	0.04%	0.13%	0.04%
RUN	D	0.01%	0.04%	0.01%
SAIA	B	0.04%	0.14%	0.04%
SAIC	D	0.02%	0.08%	0.02%
SBAC	D	0.07%	0.24%	0.07%
SEIC	D	0.03%	0.08%	0.03%
SHC	C	0.02%	0.01%	0.01%
SIRI	F	0.04%	0.02%	0.02%
SLM	C	0.02%	0.04%	0.02%
SOFI	D	0.02%	0.08%	0.02%
SRCL	B	0.0%	0.07%	0.0%
SRCL	B	0.02%	0.07%	0.02%
SSNC	B	0.05%	0.17%	0.05%
STLD	C	0.07%	0.24%	0.07%
SWKS	B	0.06%	0.22%	0.06%
TECH	D	0.04%	0.01%	0.01%
TER	B	0.08%	0.05%	0.05%
TFSL	C	0.02%	0.01%	0.01%
TNDM	D	0.01%	0.03%	0.01%
TPG	D	0.02%	0.03%	0.02%
TRIP	D	0.01%	0.02%	0.01%
TRMB	C	0.05%	0.17%	0.05%
TROW	B	0.09%	0.33%	0.09%
TTEK	C	0.04%	0.12%	0.04%
TTWO	B	0.09%	0.33%	0.09%
TW	C	0.05%	0.1%	0.05%
UAL	D	0.05%	0.2%	0.05%
UTHR	A	0.05%	0.18%	0.05%
VIRT	C	0.01%	0.02%	0.01%
VRSN	C	0.06%	0.19%	0.06%
VSAT	F	0.01%	0.02%	0.01%
VTRS	D	0.04%	0.16%	0.04%
WBA	F	0.04%	0.11%	0.04%
WBD	D	0.06%	0.21%	0.06%
WDC	B	0.09%	0.32%	0.09%
WSC	F	0.03%	0.07%	0.03%
WTFC	C	0.02%	0.08%	0.02%
WTW	B	0.09%	0.31%	0.09%
WWD	C	0.04%	0.14%	0.04%
WYNN	D	0.03%	0.11%	0.03%
XEL	D	0.11%	0.38%	0.11%
XP	F	0.03%	0.07%	0.03%
XRAY	F	0.02%	0.07%	0.02%
Z	C	0.03%	0.09%	0.03%
ZBRA	C	0.05%	0.16%	0.05%
ZG	C	0.01%	0.03%	0.01%
ZI	F	0.02%	0.02%	0.02%
ZION	C	0.02%	0.08%	0.02%
ZM	D	0.05%	0.19%	0.05%

ONEQ Overweight 699 Positions Relative to IWS

Symbol	Grade	Weight
MSFT	B	11.66%
AAPL	B	11.38%
NVDA	B	10.57%
AMZN	B	7.14%
META	B	3.94%
GOOGL	B	3.77%
GOOG	B	3.64%
AVGO	C	2.55%
TSLA	C	2.18%
COST	B	1.3%
NFLX	B	1.02%
AMD	B	0.89%
ADBE	B	0.85%
PEP	D	0.79%
QCOM	C	0.75%
LIN	B	0.73%
TMUS	B	0.72%
CSCO	C	0.66%
AMAT	B	0.66%
INTU	B	0.63%
TXN	B	0.61%
AMGN	B	0.58%
ISRG	A	0.54%
CMCSA	C	0.52%
MU	C	0.5%
HON	B	0.48%
BKNG	A	0.47%
LRCX	B	0.47%
INTC	F	0.45%
VRTX	B	0.42%
ADI	B	0.39%
REGN	B	0.39%
KLAC	B	0.38%
PANW	B	0.38%
ADP	D	0.33%
ASML	B	0.32%
PDD	C	0.31%
MDLZ	D	0.31%
SBUX	F	0.31%
CRWD	B	0.31%
SNPS	B	0.31%
CDNS	B	0.29%
MELI	B	0.29%
GILD	C	0.29%
CME	D	0.25%
MAR	B	0.24%
EQIX	C	0.24%
ABNB	C	0.23%
NXPI	B	0.23%
CSX	C	0.22%
PYPL	F	0.21%
ORLY	B	0.21%
ROP	A	0.2%
ADSK	B	0.18%
MNST	D	0.18%
CPRT	C	0.18%
SMCI	C	0.18%
KDP	C	0.16%
DXCM	F	0.16%
AEP	C	0.16%
FTNT	D	0.16%
WDAY	D	0.16%
MRNA	D	0.16%
CHTR	C	0.15%
TTD	A	0.15%
AZN	B	0.15%
KHC	D	0.14%
IDXX	D	0.14%
PAYX	D	0.14%
LULU	F	0.13%
VRSK	A	0.13%
MPWR	B	0.13%
DDOG	B	0.13%
EXC	D	0.12%
GEHC	D	0.12%
CCEP	B	0.11%
ZS	C	0.1%
TEAM	D	0.1%
TSCO	C	0.1%
AXON	C	0.08%
STX	B	0.08%
MSTR	C	0.08%
ARM	B	0.07%
LPLA	B	0.07%
CHKP	B	0.06%
ULTA	F	0.06%
DKNG	D	0.06%
ERIE	C	0.06%
ALGN	F	0.06%
MDB	F	0.06%
MORN	C	0.05%
NBIX	C	0.05%
NTRA	B	0.05%
GRAB	C	0.05%
CELH	F	0.05%
ENPH	F	0.05%
SNY	C	0.05%
MANH	B	0.05%
PODD	C	0.05%
LOGI	B	0.05%
ARGX	B	0.05%
TCOM	D	0.05%
SRPT	B	0.05%
DOCU	D	0.04%
TXRH	B	0.04%
INSM	B	0.04%
POOL	F	0.04%
MNDY	B	0.04%
CYBR	B	0.04%
PAA	B	0.04%
FLEX	C	0.04%
WING	A	0.04%
MEDP	B	0.04%
BIDU	F	0.04%
NTES	D	0.04%
JD	F	0.04%
MASI	C	0.03%
RVMD	C	0.03%
CERE	D	0.03%
AAON	B	0.03%
HQY	A	0.03%
CFLT	C	0.03%
BPMC	B	0.03%
ITCI	C	0.03%
DUOL	B	0.03%
PCTY	F	0.03%
SPSC	C	0.03%
NICE	D	0.03%
MKTX	F	0.03%
IEP	D	0.03%
LSCC	F	0.03%
OTEX	D	0.03%
MTSI	A	0.03%
BNTX	F	0.03%
ASND	C	0.03%
SFM	A	0.03%
LNW	B	0.03%
COKE	A	0.03%
WIX	B	0.03%
CROX	B	0.03%
CHDN	A	0.03%
BRKR	F	0.03%
AMKR	B	0.03%
WFRD	C	0.03%
PCVX	B	0.03%
ABCB	C	0.02%
SYNA	F	0.02%
GH	C	0.02%
CORT	B	0.02%
IBOC	C	0.02%
IMVT	F	0.02%
FROG	C	0.02%
STRL	B	0.02%
SLAB	F	0.02%
OTTR	C	0.02%
AXSM	B	0.02%
PECO	C	0.02%
RARE	D	0.02%
IPAR	D	0.02%
ONB	C	0.02%
ACLS	B	0.02%
BLKB	C	0.02%
MRUS	B	0.02%
SANM	B	0.02%
TRMD	A	0.02%
UMBF	C	0.02%
ALKS	D	0.02%
URBN	C	0.02%
LEGN	D	0.02%
POWI	F	0.02%
ACIW	A	0.02%
PI	C	0.02%
ASO	F	0.02%
NFE	D	0.02%
AEIS	B	0.02%
TIGO	B	0.02%
RDNT	B	0.02%
HWC	C	0.02%
EXLS	B	0.02%
CRSP	D	0.02%
UBSI	C	0.02%
ITRI	D	0.02%
COOP	C	0.02%
WMG	D	0.02%
WIRE	B	0.02%
TMDX	A	0.02%
CSWI	B	0.02%
FFIN	C	0.02%
CRVL	C	0.02%
MMSI	A	0.02%
FELE	D	0.02%
VRNS	B	0.02%
APPF	B	0.02%
LANC	C	0.02%
BECN	D	0.02%
FORM	B	0.02%
BBIO	F	0.02%
APLS	F	0.02%
VRRM	B	0.02%
LYFT	D	0.02%
LNTH	B	0.02%
ESGR	B	0.02%
NUVL	C	0.02%
FIZZ	B	0.02%
QLYS	D	0.02%
FRHC	C	0.02%
EXPO	B	0.02%
CRDO	B	0.02%
ALTR	B	0.02%
VKTX	D	0.02%
NSIT	B	0.02%
AVAV	C	0.02%
ACT	C	0.02%
BCPC	B	0.02%
CWST	B	0.02%
PEGA	C	0.02%
ALGM	D	0.02%
ENSG	B	0.02%
HLNE	B	0.02%
HTHT	F	0.02%
MARA	B	0.02%
BZ	D	0.02%
SMMT	C	0.02%
UFPI	D	0.02%
CVLT	A	0.02%
MMYT	B	0.02%
TENB	D	0.02%
CYTK	D	0.02%
KRYS	B	0.02%
SIGI	F	0.02%
RMBS	D	0.02%
CHX	C	0.02%
HALO	A	0.02%
FIVE	F	0.02%
CHRD	C	0.02%
MDGL	B	0.02%
NOVT	B	0.02%
GTLB	D	0.02%
FUTU	D	0.02%
GLBE	B	0.02%
BGNE	F	0.02%
BVS	C	0.01%
CEVA	D	0.01%
GIII	F	0.01%
MOMO	B	0.01%
NRC	F	0.01%
DHC	B	0.01%
WVE	F	0.01%
ACMR	D	0.01%
OPEN	F	0.01%
TARS	D	0.01%
GDEN	D	0.01%
PFC	C	0.01%
SVRA	D	0.01%
AVO	F	0.01%
CNSL	B	0.01%
HBNC	C	0.01%
CGNT	B	0.01%
NNDM	F	0.01%
SABR	F	0.01%
SRRK	F	0.01%
JBSS	D	0.01%
GDYN	D	0.01%
INMD	D	0.01%
IMKTA	F	0.01%
FLGT	F	0.01%
CBRL	F	0.01%
ASTE	F	0.01%
ADV	D	0.01%
COLL	D	0.01%
TRS	D	0.01%
MNRO	D	0.01%
KELYA	D	0.01%
INDI	D	0.01%
VRNA	C	0.01%
ESTA	D	0.01%
PLYA	C	0.01%
PZZA	F	0.01%
GMAB	F	0.01%
TH	D	0.01%
CNDT	D	0.01%
CVAC	D	0.01%
NNBR	F	0.01%
QNST	C	0.01%
INBK	D	0.01%
ABCL	F	0.01%
JACK	F	0.01%
TWKS	C	0.01%
MATW	F	0.01%
SVC	D	0.01%
SCHL	D	0.01%
RDWR	C	0.01%
SNCY	D	0.01%
SANA	F	0.01%
PCRX	D	0.01%
SDGR	F	0.01%
DGII	D	0.01%
IBUY	C	0.01%
AMSF	D	0.01%
DCOM	C	0.01%
TTGT	B	0.01%
GHRS	D	0.01%
DLO	F	0.01%
OCFC	C	0.01%
CMCO	F	0.01%
ECPG	D	0.01%
CSGS	F	0.01%
MNTK	C	0.01%
LQDA	D	0.01%
FDMT	D	0.01%
MCRI	B	0.01%
SEDG	F	0.01%
WABC	C	0.01%
MSEX	D	0.01%
EYE	D	0.01%
ULCC	F	0.01%
PFBC	C	0.01%
PLAY	F	0.01%
ATAT	B	0.01%
SCVL	B	0.01%
HTLD	C	0.01%
SLP	C	0.01%
ATSG	D	0.01%
INVA	B	0.01%
FWRG	F	0.01%
TCBK	B	0.01%
GGAL	D	0.01%
IAS	C	0.01%
VSEC	B	0.01%
ARRY	F	0.01%
APOG	C	0.01%
NVEE	D	0.01%
SHLS	F	0.01%
TRNS	D	0.01%
GSM	D	0.01%
BASE	D	0.01%
XNCR	F	0.01%
ROIC	C	0.01%
AHCO	C	0.01%
IRWD	F	0.01%
ULH	D	0.01%
PEBO	C	0.01%
VICR	F	0.01%
SCSC	C	0.01%
NMRK	C	0.01%
IMTX	C	0.01%
SAFT	D	0.01%
SONO	F	0.01%
PTON	D	0.01%
IMCR	F	0.01%
GABC	A	0.01%
CIFR	C	0.01%
UPWK	D	0.01%
VERA	D	0.01%
IDCC	B	0.01%
SYBT	B	0.01%
XRX	F	0.01%
THRM	F	0.01%
PRTA	F	0.01%
TLRY	F	0.01%
ACDC	F	0.01%
OMCL	F	0.01%
VBTX	C	0.01%
WINA	F	0.01%
BLMN	F	0.01%
NAVI	D	0.01%
HLIT	B	0.01%
VIR	F	0.01%
GPRE	F	0.01%
NWBI	B	0.01%
SPT	D	0.01%
NEO	D	0.01%
KALU	D	0.01%
CRSR	F	0.01%
RXRX	D	0.01%
HOLI	D	0.01%
CRAI	B	0.01%
ICHR	C	0.01%
GOGO	D	0.01%
ATRC	D	0.01%
SUPN	D	0.01%
DAWN	D	0.01%
EFSC	C	0.01%
LKFN	C	0.01%
INFN	B	0.01%
UPST	F	0.01%
ANIP	C	0.01%
HOPE	C	0.01%
BMBL	D	0.01%
STBA	B	0.01%
JANX	D	0.01%
FBNC	C	0.01%
CASH	B	0.01%
LFST	F	0.01%
LGND	B	0.01%
ARDX	C	0.01%
MLCO	D	0.01%
CNXN	C	0.01%
ATEC	D	0.01%
UDMY	D	0.01%
NTCT	D	0.01%
BUSE	C	0.01%
MRTN	C	0.01%
AKRO	C	0.01%
PLAB	F	0.01%
BLBD	B	0.01%
LGIH	F	0.01%
PRDO	C	0.01%
APPN	D	0.01%
ODP	D	0.01%
LAUR	C	0.01%
WSBC	C	0.01%
AXNX	B	0.01%
PDFS	B	0.01%
VIAV	F	0.01%
FRME	C	0.01%
AMRX	C	0.01%
CAKE	B	0.01%
HRMY	C	0.01%
FOXF	D	0.01%
GSHD	D	0.01%
CENTA	F	0.01%
PRVA	D	0.01%
BANR	B	0.01%
RNW	C	0.01%
ANDE	D	0.01%
EXTR	C	0.01%
CRTO	C	0.01%
YY	D	0.01%
CHEF	B	0.01%
SKWD	C	0.01%
DVAX	F	0.01%
COHU	B	0.01%
MNKD	B	0.01%
MXL	B	0.01%
CENX	C	0.01%
CHCO	B	0.01%
INDB	D	0.01%
SBCF	C	0.01%
VRNT	C	0.01%
EWTX	C	0.01%
ALHC	B	0.01%
BILI	C	0.01%
CLBK	D	0.01%
HEES	D	0.01%
POWL	D	0.01%
RBCAA	C	0.01%
KURA	C	0.01%
PAGP	C	0.01%
OSW	B	0.01%
DNUT	F	0.01%
MGPI	D	0.01%
NSSC	B	0.01%
KROS	F	0.01%
FFBC	C	0.01%
IQ	F	0.01%
TRMK	C	0.01%
AY	B	0.01%
SMTC	D	0.01%
MIRM	B	0.01%
VCYT	C	0.01%
NVCR	D	0.01%
MGNI	B	0.01%
RCKT	F	0.01%
TTMI	B	0.01%
HURN	C	0.01%
SPNS	B	0.01%
ARVN	D	0.01%
WERN	D	0.01%
PTVE	F	0.01%
IOVA	F	0.01%
ADUS	B	0.01%
CPRX	C	0.01%
PLUS	C	0.01%
NEXT	B	0.01%
EXPI	D	0.01%
SNDX	D	0.01%
MBIN	C	0.01%
MYGN	B	0.01%
DOOO	D	0.01%
LMAT	B	0.01%
KYMR	D	0.01%
NBTB	B	0.01%
ASTH	B	0.01%
HPK	D	0.01%
ZD	C	0.01%
HWKN	A	0.01%
PTGX	B	0.01%
PDCO	D	0.01%
EVCM	B	0.01%
USLM	B	0.01%
FTDR	C	0.01%
IBTX	B	0.01%
UFPT	B	0.01%
ERIC	B	0.01%
HTLF	B	0.01%
RRR	B	0.01%
CGON	F	0.01%
VITL	A	0.01%
HELE	F	0.01%
GTX	D	0.01%
MLKN	C	0.01%
RIOT	F	0.01%
AMPH	F	0.01%
ROCK	F	0.01%
CARG	B	0.01%
SRAD	B	0.01%
TBBK	B	0.01%
QFIN	C	0.01%
PGNY	D	0.01%
BEAM	D	0.01%
MORF	B	0.01%
UCTT	B	0.01%
PLMR	C	0.01%
TOWN	C	0.01%
VC	D	0.01%
JBLU	C	0.01%
PPBI	C	0.01%
PSMT	C	0.01%
WEN	F	0.01%
JAMF	D	0.01%
SBLK	C	0.01%
ARCB	D	0.01%
FLYW	F	0.01%
TXG	F	0.01%
EBC	C	0.01%
NWE	C	0.01%
TWST	B	0.01%
CMPR	C	0.01%
AMBA	C	0.01%
NTLA	D	0.01%
STAA	C	0.01%
PATK	C	0.01%
PRGS	B	0.01%
SFNC	C	0.01%
RKLB	B	0.01%
FLNC	F	0.01%
CCOI	D	0.01%
CVBF	C	0.01%
BL	D	0.01%
FA	C	0.01%
FULT	C	0.01%
RXST	C	0.01%
RPD	D	0.01%
WAFD	C	0.01%
DORM	B	0.01%
MYRG	F	0.01%
SNEX	C	0.01%
STRA	C	0.01%
VERX	A	0.01%
VCEL	C	0.01%
OSIS	C	0.01%
ROAD	B	0.01%
RYTM	C	0.01%
MGRC	D	0.01%
MGEE	D	0.01%
GERN	C	0.01%
CLBT	B	0.01%
SIMO	C	0.01%
AGIO	B	0.01%
IDYA	F	0.01%
CATY	B	0.01%
KLIC	B	0.01%
PRFT	B	0.01%
CVCO	D	0.01%
ADMA	A	0.01%
SKYW	B	0.01%
SATS	B	0.01%
FIBK	C	0.01%
CALM	B	0.01%
RUSHA	F	0.01%
MQ	D	0.01%
ENVX	B	0.01%
CLDX	D	0.01%
NARI	C	0.01%
SGRY	F	0.01%
INTA	B	0.01%
BANF	C	0.01%
ACLX	B	0.01%
VECO	B	0.01%
LIVN	C	0.01%
PTCT	C	0.01%
HUBG	B	0.01%
SHOO	B	0.01%
WDFC	F	0.01%
PLXS	C	0.01%
IESC	D	0.01%
TCBI	C	0.01%
LILAK	A	0.01%
NMIH	A	0.01%
ALRM	D	0.01%
ACAD	D	0.01%
ACVA	C	0.01%
WSFS	A	0.01%
DYN	B	0.01%
AGYS	A	0.01%
DIOD	D	0.01%
SITM	B	0.01%
SWTX	D	0.01%
PRCT	D	0.01%
TGTX	B	0.01%
ALKT	C	0.01%
CHCI	D	0.01%
FIVN	F	0.01%
FRSH	D	0.01%
GOGL	C	0.01%
CLSK	C	0.01%
XENE	D	0.01%
ICFI	B	0.01%
VLY	D	0.01%
FOLD	F	0.01%
IRTC	B	0.01%
IOSP	C	0.01%
LI	F	0.01%
KTOS	B	0.01%
CRNX	C	0.01%
BRZE	D	0.01%
UCBI	C	0.01%
AUR	C	0.01%
RNA	B	0.01%
VOD	B	0.01%
STEP	A	0.01%
PCH	F	0.01%
ARLP	B	0.01%
JJSF	B	0.01%
GT	F	0.01%
BGC	C	0.01%
VCTR	D	0.01%
STNE	D	0.01%
PTEN	D	0.01%
NEOG	C	0.01%
SMPL	D	0.01%
ARWR	C	0.01%
SBRA	A	0.01%
OPCH	F	0.01%
GLNG	A	0.01%
DNLI	B	0.01%
BRID	F	0.0%
CARV	F	0.0%
YNDX	C	0.0%
PIII	F	0.0%
FBRX	D	0.0%
ALTO	F	0.0%
AIRS	F	0.0%
BMRC	D	0.0%
TLSA	B	0.0%
ALLK	F	0.0%
GALT	F	0.0%
NNBR	F	0.0%
BHAC	C	0.0%
INVZ	F	0.0%
RILY	F	0.0%
DSGN	D	0.0%
GATE	A	0.0%
GLUE	F	0.0%
ACRS	F	0.0%
OXBR	C	0.0%
AVAH	B	0.0%
VXRT	F	0.0%
NEGG	D	0.0%
KC	F	0.0%
REAL	D	0.0%
SND	C	0.0%
SOPH	D	0.0%
EVBG	C	0.0%
MGIC	F	0.0%
LYEL	F	0.0%
FORR	D	0.0%
UNIT	F	0.0%
LWLG	F	0.0%
EBTC	D	0.0%
FTEK	D	0.0%
SIGA	D	0.0%
BFST	C	0.0%
CSIQ	F	0.0%
TLS	B	0.0%
CGEM	D	0.0%
AMWD	F	0.0%
ME	F	0.0%
ALGT	F	0.0%
HAFC	C	0.0%
APEI	C	0.0%
SFIX	B	0.0%
ISTR	C	0.0%
OFLX	F	0.0%
TREE	D	0.0%
CERS	D	0.0%
BCBP	C	0.0%
OABI	F	0.0%
SOUN	D	0.0%
LILM	F	0.0%
XPEL	F	0.0%
WASH	C	0.0%
TYRA	D	0.0%
FFIC	B	0.0%
KRUS	F	0.0%
HLVX	B	0.0%
INMB	D	0.0%
TRDA	D	0.0%

ONEQ Underweight 500 Positions Relative to IWS

Symbol	Grade	Weight
PH	C	-0.83%
PSX	D	-0.79%
WELL	A	-0.74%
TDG	C	-0.73%
TT	B	-0.69%
CARR	B	-0.68%
AJG	B	-0.68%
KKR	B	-0.68%
AFL	B	-0.67%
WMB	A	-0.66%
DLR	A	-0.6%
BK	A	-0.58%
FIS	B	-0.57%
OKE	B	-0.57%
O	D	-0.56%
DHI	D	-0.55%
PRU	B	-0.55%
ALL	D	-0.54%
RSG	A	-0.52%
APH	B	-0.5%
CTVA	C	-0.49%
NUE	D	-0.49%
SPG	B	-0.49%
AME	D	-0.49%
CMI	D	-0.49%
OTIS	B	-0.48%
FERG	D	-0.48%
PEG	B	-0.47%
IR	C	-0.47%
PCG	D	-0.46%
LEN	D	-0.46%
DD	B	-0.44%
MLM	D	-0.43%
URI	C	-0.43%
KR	D	-0.42%
EXR	B	-0.42%
DFS	A	-0.4%
ED	D	-0.4%
DVN	C	-0.39%
HWM	C	-0.39%
HIG	B	-0.39%
AVB	A	-0.38%
GLW	B	-0.38%
VICI	C	-0.38%
DAL	D	-0.38%
WAB	D	-0.37%
XYL	C	-0.37%
HLT	A	-0.37%
VRT	D	-0.36%
PWR	C	-0.36%
CBRE	B	-0.35%
EIX	D	-0.35%
HPE	B	-0.35%
RCL	A	-0.34%
EQR	A	-0.33%
VMC	D	-0.33%
FTV	D	-0.33%
MTB	B	-0.32%
GPN	D	-0.32%
WEC	D	-0.32%
DOV	B	-0.32%
LYB	C	-0.32%
GRMN	B	-0.32%
AWK	B	-0.32%
HPQ	B	-0.31%
HAL	D	-0.31%
IFF	B	-0.31%
RJF	C	-0.3%
PHM	D	-0.3%
ETR	C	-0.29%
ZBH	D	-0.29%
DTE	C	-0.29%
STE	C	-0.28%
INVH	A	-0.28%
PPG	D	-0.28%
VST	C	-0.28%
SQ	D	-0.28%
STT	C	-0.28%
WY	F	-0.27%
MKL	C	-0.27%
FE	D	-0.27%
ES	F	-0.26%
CSL	C	-0.26%
CTRA	D	-0.26%
ARE	C	-0.26%
LDOS	B	-0.26%
NVR	C	-0.26%
VTR	A	-0.26%
PPL	D	-0.26%
GPC	D	-0.25%
CNP	A	-0.25%
CCL	B	-0.24%
AEE	D	-0.24%
MSCI	F	-0.24%
APTV	F	-0.24%
BALL	D	-0.24%
J	D	-0.23%
ATO	B	-0.23%
OMC	D	-0.23%
MKC	D	-0.23%
NRG	C	-0.23%
RF	C	-0.23%
SYF	A	-0.23%
HES	D	-0.23%
TDY	D	-0.23%
BLDR	F	-0.22%
BAX	F	-0.22%
TXT	D	-0.22%
LUV	B	-0.22%
COO	D	-0.22%
LII	B	-0.22%
CMS	D	-0.22%
LH	C	-0.22%
ESS	B	-0.22%
KEYS	D	-0.22%
WRB	C	-0.21%
RS	D	-0.21%
WSM	C	-0.21%
CFG	C	-0.21%
PKG	B	-0.21%
MAA	B	-0.21%
MRO	B	-0.21%
OC	C	-0.2%
DGX	D	-0.2%
BG	B	-0.2%
EXPD	B	-0.2%
TSN	C	-0.2%
CF	D	-0.19%
AVTR	F	-0.19%
MAS	D	-0.19%
K	D	-0.19%
IP	B	-0.19%
RGA	B	-0.18%
L	D	-0.18%
IEX	D	-0.18%
BBY	B	-0.18%
THC	B	-0.18%
FWONK	B	-0.18%
AMCR	C	-0.18%
EG	B	-0.18%
TRU	C	-0.18%
RVTY	D	-0.17%
BRO	B	-0.17%
SNA	D	-0.17%
EQT	D	-0.17%
CE	F	-0.17%
CAG	D	-0.17%
DOC	B	-0.17%
USFD	B	-0.16%
WPC	D	-0.16%
ACM	D	-0.16%
AVY	C	-0.16%
AMH	A	-0.16%
PNR	D	-0.16%
SWK	F	-0.16%
NVT	D	-0.16%
KIM	B	-0.16%
UDR	B	-0.16%
WRK	D	-0.16%
KEY	C	-0.16%
UHS	B	-0.15%
FNF	C	-0.15%
EME	C	-0.15%
CPT	A	-0.15%
BLD	D	-0.15%
SUI	C	-0.15%
JNPR	B	-0.15%
DKS	B	-0.15%
IRM	A	-0.15%
EMN	C	-0.15%
GEN	B	-0.15%
CLH	B	-0.15%
WSO	C	-0.15%
XPO	D	-0.15%
MGM	B	-0.15%
TOL	D	-0.15%
NI	B	-0.15%
CAH	D	-0.15%
CRL	F	-0.14%
ITT	C	-0.14%
ALLY	B	-0.14%
HUBB	D	-0.14%
LYV	C	-0.14%
KMX	B	-0.14%
RPM	D	-0.14%
SJM	F	-0.14%
GWRE	A	-0.14%
ALB	F	-0.14%
IPG	F	-0.14%
FTI	C	-0.14%
HII	D	-0.13%
NLY	B	-0.13%
CUBE	B	-0.13%
CNH	F	-0.13%
CTLT	B	-0.13%
CW	B	-0.13%
JEF	A	-0.12%
EFX	B	-0.12%
AFG	D	-0.12%
RRX	F	-0.12%
QGEN	D	-0.12%
AR	D	-0.12%
COHR	B	-0.12%
REXR	C	-0.12%
WTRG	C	-0.12%
ATR	D	-0.12%
NU	A	-0.12%
CACI	B	-0.12%
MOS	D	-0.12%
BXP	B	-0.12%
TFX	D	-0.12%
DRI	C	-0.12%
JLL	B	-0.12%
FRT	C	-0.11%
FBIN	F	-0.11%
FHN	C	-0.11%
OHI	A	-0.11%
DINO	D	-0.11%
CNM	D	-0.11%
RNR	C	-0.11%
PNW	C	-0.11%
SKX	B	-0.11%
CPB	C	-0.11%
HRL	F	-0.11%
ARMK	A	-0.11%
BBWI	F	-0.11%
AOS	D	-0.11%
TAP	F	-0.11%
AIZ	D	-0.11%
TPR	B	-0.11%
SWN	D	-0.1%
NOV	B	-0.1%
BWA	F	-0.1%
CLF	D	-0.1%
AYI	D	-0.1%
INGR	D	-0.1%
BJ	B	-0.1%
KNX	C	-0.1%
ACI	F	-0.1%
RBC	C	-0.1%
EGP	B	-0.1%
NNN	A	-0.1%
GDDY	B	-0.1%
ELS	B	-0.1%
GGG	D	-0.1%
RRC	D	-0.1%
TWLO	D	-0.1%
SNX	C	-0.1%
SF	A	-0.1%
EHC	B	-0.1%
ORI	C	-0.1%
MOH	F	-0.1%
UNM	C	-0.1%
GNRC	D	-0.1%
NYT	A	-0.1%
X	D	-0.1%
CCK	F	-0.1%
LEA	F	-0.09%
GME	C	-0.09%
AXTA	D	-0.09%
OVV	C	-0.09%
BEN	D	-0.09%
MTZ	C	-0.09%
DAY	F	-0.09%
BERY	D	-0.09%
LAD	D	-0.09%
AA	C	-0.09%
BRX	B	-0.09%
VOYA	D	-0.09%
DTM	A	-0.09%
RL	B	-0.09%
OSK	C	-0.09%
EVR	A	-0.09%
CIEN	C	-0.09%
CR	B	-0.09%
WCC	F	-0.09%
OWL	C	-0.09%
COLD	C	-0.09%
ELAN	C	-0.09%
GL	C	-0.09%
KEX	B	-0.09%
A	D	-0.09%
WBS	D	-0.09%
OGE	C	-0.09%
BWXT	B	-0.09%
MTG	B	-0.08%
CFR	C	-0.08%
FCN	C	-0.08%
KD	B	-0.08%
AZEK	D	-0.08%
NCLH	B	-0.08%
FMC	D	-0.08%
ESI	B	-0.08%
ADC	B	-0.08%
ALSN	C	-0.08%
MTN	D	-0.08%
TPX	D	-0.08%
FR	C	-0.08%
AGCO	F	-0.08%
HLI	A	-0.08%
FLS	C	-0.08%
PVH	F	-0.08%
STAG	B	-0.08%
HR	B	-0.08%
RHI	F	-0.08%
ARW	F	-0.08%
H	B	-0.08%
SCI	B	-0.08%
WAL	C	-0.08%
SON	F	-0.07%
MDU	B	-0.07%
M	C	-0.07%
BILL	F	-0.07%
AMG	C	-0.07%
LPX	C	-0.07%
RITM	D	-0.07%
POST	C	-0.07%
PB	C	-0.07%
VMI	B	-0.07%
OGN	B	-0.07%
BFAM	C	-0.07%
R	B	-0.07%
HXL	F	-0.07%
WHR	C	-0.07%
FAF	D	-0.07%
ESAB	D	-0.07%
IVZ	D	-0.07%
OMF	C	-0.07%
KBR	C	-0.07%
AZPN	C	-0.07%
PFGC	D	-0.07%
SNV	A	-0.07%
BIO	F	-0.07%
AXS	B	-0.07%
ST	D	-0.07%
CMA	C	-0.07%
WH	C	-0.07%
STWD	C	-0.07%
DAR	D	-0.07%
MHK	C	-0.07%
OLN	F	-0.07%
GXO	D	-0.07%
AIRC	A	-0.07%
MSA	B	-0.07%
GMED	A	-0.07%
S	D	-0.06%
LNC	B	-0.06%
RLI	D	-0.06%
WTM	B	-0.06%
THG	C	-0.06%
AN	D	-0.06%
YUM	D	-0.06%
CCCS	D	-0.06%
VNO	B	-0.06%
BC	F	-0.06%
JHG	B	-0.06%
DLB	D	-0.06%
IDA	C	-0.06%
UGI	C	-0.06%
GPS	C	-0.06%
ASH	D	-0.06%
THO	D	-0.06%
WLK	D	-0.06%
FNB	C	-0.06%
VFC	C	-0.06%
TKR	D	-0.06%
NFG	D	-0.06%
AES	D	-0.06%
AL	C	-0.06%
DCI	D	-0.06%
JBL	F	-0.06%
ALK	D	-0.06%
TYL	A	-0.06%
AWI	D	-0.05%
KMPR	C	-0.05%
MSM	D	-0.05%
KRC	D	-0.05%
SITE	F	-0.05%
CPRI	D	-0.05%
DXC	C	-0.05%
UHAL	D	-0.05%
AAP	F	-0.05%
GPK	D	-0.05%
HUN	F	-0.05%
COTY	D	-0.05%
PII	F	-0.05%
BR	C	-0.05%
BYD	D	-0.05%
BEPC	C	-0.05%
VNT	D	-0.05%
WEX	D	-0.05%
LAZ	C	-0.05%
VVV	B	-0.05%
PSTG	B	-0.05%
FLO	D	-0.05%
HOG	D	-0.05%
AGO	C	-0.05%
G	D	-0.05%
RYN	D	-0.05%
HRB	A	-0.04%
MPW	F	-0.04%
IQV	F	-0.04%
WOLF	F	-0.04%
GTES	D	-0.04%
W	D	-0.04%
PAG	D	-0.04%
VAC	D	-0.04%
U	F	-0.04%
CXT	B	-0.04%
PRI	B	-0.04%
EPR	B	-0.04%
NSA	B	-0.04%
PK	C	-0.04%
RH	D	-0.04%
NEU	F	-0.04%
PLNT	B	-0.04%
LSXMK	D	-0.04%
RBA	B	-0.04%
MAN	F	-0.04%
AM	B	-0.04%
SPR	B	-0.04%
CUZ	C	-0.04%
CC	F	-0.04%
MSGS	C	-0.04%
PRGO	F	-0.04%
SLGN	D	-0.04%
ADT	B	-0.03%
SEE	D	-0.03%
HHH	F	-0.03%
CWEN	C	-0.03%
NYCB	F	-0.03%
CRI	F	-0.03%
CHE	D	-0.03%
ENOV	D	-0.03%
JWN	B	-0.03%
DNB	D	-0.03%
WU	D	-0.03%
AGR	C	-0.03%
EXP	D	-0.03%
SPB	C	-0.03%
KSS	D	-0.03%
CHD	C	-0.03%
NVST	F	-0.03%
CLVT	D	-0.03%
HIW	B	-0.03%
AMC	D	-0.02%
INFA	B	-0.02%
UAA	D	-0.02%
SNDR	B	-0.02%
MP	F	-0.02%
UA	D	-0.02%
CPAY	D	-0.02%
VSTS	D	-0.02%
LEG	F	-0.02%
HEI	B	-0.02%
FWONA	C	-0.02%
LSXMA	D	-0.02%
VYX	F	-0.02%
TDOC	F	-0.02%
HAYW	F	-0.02%
TNL	B	-0.02%
DOCS	B	-0.02%
QS	F	-0.02%
NATL	B	-0.02%
LLYVK	C	-0.02%
CABO	F	-0.02%
PHIN	D	-0.02%
QDEL	F	-0.02%
LEN	D	-0.02%
DNA	F	-0.01%
UWMC	C	-0.01%
MUSA	B	-0.01%
MCW	C	-0.01%
SEB	D	-0.01%
LW	F	-0.01%
LLYVA	C	-0.01%
ALLE	C	-0.01%
VSCO	F	-0.01%
CWEN	C	-0.01%
SSRM	F	-0.01%
BIRK	B	-0.01%
CAVA	B	-0.01%
HE	F	-0.01%
HEI	B	-0.01%
KLG	F	-0.01%
RKT	C	-0.01%
PATH	F	-0.01%
CNA	A	-0.01%
RNAC	C	-0.0%
UI	B	-0.0%
OLPX	D	-0.0%
PARAA	D	-0.0%
ROIV	D	-0.0%
CART	F	-0.0%
AGL	D	-0.0%
WOOF	C	-0.0%
SAM	C	-0.0%
GRAL	D	-0.0%
UHAL	D	-0.0%
NLOP	B	-0.0%