ONEQ vs. VFVA ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Vanguard Wellington Fund ETF (VFVA)

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

$74.88

Average Daily Volume

242,124

Number of Holdings ^*

830

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$128.12

Average Daily Volume

12,985

Number of Holdings ^*

613

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	VFVA
30 Days	2.13%	4.75%
60 Days	5.67%	5.98%
90 Days	6.27%	5.92%
12 Months	33.62%	26.90%

155 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in VFVA	Overlap
ACGL	C	0.13%	0.2%	0.13%
ACT	C	0.02%	0.03%	0.02%
AHCO	F	0.01%	0.18%	0.01%
ALKS	C	0.02%	0.02%	0.02%
AMKR	D	0.02%	0.07%	0.02%
AMRX	C	0.01%	0.02%	0.01%
AMWD	C	0.01%	0.06%	0.01%
ANDE	D	0.01%	0.12%	0.01%
APA	D	0.03%	0.22%	0.03%
ARCB	C	0.01%	0.08%	0.01%
ASO	F	0.01%	0.21%	0.01%
ATSG	B	0.01%	0.17%	0.01%
AVT	C	0.01%	0.25%	0.01%
BANR	B	0.01%	0.09%	0.01%
BHF	C	0.01%	0.22%	0.01%
BLMN	F	0.01%	0.04%	0.01%
BMBL	C	0.01%	0.19%	0.01%
BOKF	B	0.03%	0.08%	0.03%
BPOP	C	0.02%	0.06%	0.02%
BUSE	B	0.01%	0.11%	0.01%
CATY	B	0.02%	0.09%	0.02%
CG	B	0.06%	0.03%	0.03%
CHRD	D	0.03%	0.18%	0.03%
CMCO	C	0.01%	0.03%	0.01%
CMCSA	B	0.54%	0.68%	0.54%
CMPR	D	0.01%	0.02%	0.01%
CNDT	C	0.01%	0.03%	0.01%
CNXC	F	0.01%	0.06%	0.01%
COLB	B	0.03%	0.34%	0.03%
COOP	B	0.02%	0.13%	0.02%
CROX	D	0.02%	0.06%	0.02%
CSCO	B	0.76%	0.14%	0.14%
DBX	B	0.02%	0.2%	0.02%
DCOM	B	0.01%	0.12%	0.01%
DLTR	F	0.04%	0.1%	0.04%
DRVN	B	0.01%	0.03%	0.01%
EBAY	D	0.1%	0.05%	0.05%
EBC	B	0.01%	0.07%	0.01%
EFSC	B	0.01%	0.17%	0.01%
EMBC	C	0.01%	0.07%	0.01%
EWBC	A	0.05%	0.08%	0.05%
EYE	C	0.01%	0.11%	0.01%
FANG	C	0.17%	0.3%	0.17%
FCNCA	A	0.1%	0.12%	0.1%
FFBC	B	0.01%	0.2%	0.01%
FIBK	B	0.01%	0.07%	0.01%
FIVE	F	0.02%	0.11%	0.02%
FOX	A	0.03%	0.33%	0.03%
FRME	B	0.01%	0.05%	0.01%
FSLR	F	0.07%	0.02%	0.02%
FULT	A	0.01%	0.1%	0.01%
FWRD	D	0.01%	0.06%	0.01%
GIII	D	0.01%	0.17%	0.01%
GILD	C	0.36%	0.44%	0.36%
GLNG	C	0.02%	0.15%	0.02%
GOGL	F	0.01%	0.13%	0.01%
GOOG	C	3.22%	0.06%	0.06%
GT	C	0.01%	0.34%	0.01%
HAFC	B	0.01%	0.07%	0.01%
HAIN	D	0.01%	0.18%	0.01%
HEES	C	0.01%	0.08%	0.01%
HOPE	C	0.01%	0.1%	0.01%
HUBG	A	0.01%	0.04%	0.01%
HWC	B	0.02%	0.19%	0.02%
IMKTA	C	0.01%	0.17%	0.01%
INDB	B	0.01%	0.07%	0.01%
INMD	C	0.01%	0.03%	0.01%
INTC	C	0.35%	0.66%	0.35%
JAZZ	B	0.02%	0.17%	0.02%
KALU	C	0.01%	0.04%	0.01%
KHC	F	0.12%	0.1%	0.1%
LBRDA	C	0.01%	0.06%	0.01%
LILAK	D	0.01%	0.19%	0.01%
LKQ	F	0.03%	0.16%	0.03%
LULU	C	0.12%	0.1%	0.1%
MAT	D	0.02%	0.09%	0.02%
MATW	C	0.01%	0.05%	0.01%
MBIN	F	0.01%	0.03%	0.01%
MBUU	B	0.01%	0.15%	0.01%
MLKN	F	0.01%	0.07%	0.01%
MTCH	D	0.03%	0.11%	0.03%
MU	D	0.35%	0.59%	0.35%
NAVI	F	0.01%	0.13%	0.01%
NBTB	B	0.01%	0.08%	0.01%
NMIH	C	0.01%	0.07%	0.01%
NMRK	C	0.01%	0.16%	0.01%
NTCT	C	0.01%	0.08%	0.01%
NWBI	B	0.01%	0.05%	0.01%
NWL	C	0.02%	0.13%	0.02%
NWSA	A	0.04%	0.14%	0.04%
NXST	C	0.02%	0.05%	0.02%
OCFC	B	0.01%	0.16%	0.01%
ODP	F	0.01%	0.18%	0.01%
OLPX	D	0.01%	0.03%	0.01%
OMCL	C	0.01%	0.11%	0.01%
ONB	C	0.02%	0.21%	0.02%
OZK	B	0.02%	0.12%	0.02%
PATK	C	0.01%	0.09%	0.01%
PCAR	B	0.19%	0.42%	0.19%
PEBO	B	0.01%	0.11%	0.01%
PENN	C	0.01%	0.06%	0.01%
PFBC	B	0.01%	0.02%	0.01%
PFG	D	0.06%	0.06%	0.06%
PINC	B	0.01%	0.02%	0.01%
PLAB	C	0.01%	0.12%	0.01%
PLAY	D	0.01%	0.08%	0.01%
PLTK	B	0.01%	0.14%	0.01%
PNFP	B	0.03%	0.11%	0.03%
PPBI	C	0.01%	0.11%	0.01%
PPC	C	0.04%	0.04%	0.04%
PRDO	B	0.01%	0.28%	0.01%
PTEN	C	0.01%	0.21%	0.01%
PTVE	B	0.01%	0.03%	0.01%
PYPL	B	0.29%	0.24%	0.24%
QCOM	F	0.59%	0.07%	0.07%
QRVO	F	0.02%	0.12%	0.02%
RPRX	D	0.04%	0.41%	0.04%
RUSHA	C	0.02%	0.06%	0.02%
SAIC	F	0.03%	0.1%	0.03%
SANM	B	0.02%	0.07%	0.02%
SASR	B	0.01%	0.11%	0.01%
SATS	D	0.01%	0.09%	0.01%
SCSC	C	0.01%	0.11%	0.01%
SCVL	F	0.01%	0.03%	0.01%
SIRI	C	0.03%	0.2%	0.03%
SKYW	C	0.02%	0.11%	0.02%
SLM	A	0.02%	0.03%	0.02%
SNEX	B	0.01%	0.07%	0.01%
SSNC	B	0.06%	0.08%	0.06%
STBA	B	0.01%	0.26%	0.01%
STLD	B	0.07%	0.13%	0.07%
STNE	F	0.01%	0.11%	0.01%
TCBK	C	0.01%	0.06%	0.01%
TMUS	B	0.89%	0.3%	0.3%
TOWN	B	0.01%	0.05%	0.01%
TRMK	C	0.01%	0.07%	0.01%
TTMI	C	0.01%	0.25%	0.01%
UAL	A	0.1%	0.29%	0.1%
UFPI	C	0.02%	0.11%	0.02%
UPBD	B	0.01%	0.07%	0.01%
URBN	C	0.01%	0.07%	0.01%
UTHR	C	0.05%	0.15%	0.05%
VBTX	B	0.01%	0.13%	0.01%
VLY	B	0.02%	0.09%	0.02%
VRNT	C	0.01%	0.04%	0.01%
VTRS	A	0.05%	0.25%	0.05%
WAFD	B	0.01%	0.21%	0.01%
WBD	B	0.08%	0.05%	0.05%
WERN	C	0.01%	0.03%	0.01%
WSBC	B	0.01%	0.08%	0.01%
WYNN	C	0.03%	0.07%	0.03%
XRAY	F	0.01%	0.06%	0.01%
XRX	F	0.01%	0.05%	0.01%
ZD	B	0.01%	0.17%	0.01%
ZION	B	0.03%	0.16%	0.03%

ONEQ Overweight 675 Positions Relative to VFVA

Symbol	Grade	Weight
NVDA	B	11.52%
AAPL	C	11.32%
MSFT	D	10.23%
AMZN	C	7.05%
META	D	4.0%
TSLA	B	3.4%
GOOGL	C	3.35%
AVGO	D	2.53%
COST	A	1.33%
NFLX	A	1.17%
ADBE	C	0.74%
AMD	F	0.72%
PEP	F	0.7%
LIN	C	0.69%
INTU	B	0.63%
ISRG	A	0.61%
TXN	C	0.59%
BKNG	A	0.54%
AMGN	F	0.5%
HON	C	0.49%
AMAT	F	0.46%
PANW	B	0.41%
ADP	A	0.4%
VRTX	D	0.39%
SBUX	A	0.37%
ADI	D	0.34%
MELI	C	0.32%
LRCX	F	0.3%
EQIX	A	0.28%
APP	B	0.28%
MDLZ	F	0.28%
CTAS	B	0.27%
REGN	F	0.27%
KLAC	F	0.27%
CME	B	0.27%
CRWD	B	0.26%
CDNS	B	0.26%
SNPS	B	0.26%
MRVL	B	0.25%
MAR	A	0.25%
PDD	F	0.25%
FTNT	C	0.24%
CEG	C	0.23%
ORLY	B	0.23%
DASH	B	0.22%
ASML	F	0.21%
COIN	C	0.21%
ADSK	A	0.21%
CSX	C	0.21%
MSTR	B	0.2%
CHTR	C	0.19%
ABNB	C	0.19%
ROP	B	0.19%
CPRT	B	0.18%
NXPI	D	0.18%
WDAY	B	0.18%
PAYX	B	0.17%
MNST	C	0.17%
TTD	B	0.17%
FAST	B	0.16%
AEP	C	0.16%
NDAQ	A	0.15%
ROST	D	0.15%
ODFL	C	0.15%
EA	A	0.14%
KDP	F	0.14%
BKR	A	0.14%
AXON	A	0.14%
CTSH	B	0.13%
EXC	C	0.13%
DDOG	A	0.13%
TEAM	A	0.13%
VRSK	A	0.13%
XEL	A	0.13%
AZN	F	0.12%
GEHC	D	0.12%
WTW	B	0.11%
MCHP	F	0.11%
CCEP	C	0.11%
IDXX	F	0.11%
ON	D	0.1%
ZS	B	0.1%
TSCO	D	0.1%
CSGP	D	0.1%
DXCM	C	0.1%
ALNY	D	0.1%
TTWO	A	0.1%
MPWR	F	0.09%
ANSS	B	0.09%
FITB	B	0.09%
GFS	C	0.08%
CDW	F	0.08%
TCOM	B	0.08%
NTAP	C	0.08%
SBAC	D	0.08%
BIIB	F	0.08%
HBAN	A	0.08%
LPLA	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
ZBRA	B	0.07%
IBKR	A	0.07%
STX	C	0.07%
ZM	C	0.07%
WDC	D	0.07%
MDB	B	0.07%
NTRS	A	0.07%
PTC	B	0.07%
EXPE	B	0.07%
CINF	A	0.07%
ILMN	C	0.07%
HOLX	D	0.06%
VRSN	C	0.06%
TRMB	B	0.06%
ALGN	D	0.06%
NTNX	B	0.06%
JD	D	0.06%
GEN	B	0.06%
MANH	D	0.06%
JBHT	C	0.06%
NTRA	A	0.06%
TER	F	0.06%
ARGX	B	0.06%
GRAB	A	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	C	0.06%
NDSN	B	0.05%
BSY	F	0.05%
SAIA	B	0.05%
MRNA	F	0.05%
ENTG	D	0.05%
INCY	C	0.05%
SNY	F	0.05%
SFM	A	0.05%
CASY	A	0.05%
LNT	A	0.05%
DOCU	B	0.05%
MORN	B	0.05%
AFRM	A	0.05%
FLEX	B	0.05%
ICLR	D	0.05%
SOFI	B	0.05%
TW	A	0.05%
ARM	F	0.05%
ULTA	F	0.05%
MKTX	D	0.04%
EXEL	B	0.04%
RIVN	F	0.04%
SMCI	F	0.04%
LECO	C	0.04%
SEIC	B	0.04%
TECH	F	0.04%
HST	C	0.04%
NTES	D	0.04%
DUOL	A	0.04%
AAON	B	0.04%
TTEK	F	0.04%
JKHY	D	0.04%
PAA	B	0.04%
PCTY	C	0.04%
LBRDK	C	0.04%
NBIX	C	0.04%
GLPI	C	0.04%
TXRH	B	0.04%
RKLB	A	0.04%
CHRW	B	0.04%
BMRN	F	0.04%
BIDU	F	0.04%
LOGI	D	0.04%
OKTA	C	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	A	0.04%
AKAM	D	0.04%
REG	A	0.04%
POOL	C	0.04%
EVRG	A	0.04%
BRKR	D	0.03%
CZR	F	0.03%
CVLT	B	0.03%
HSIC	C	0.03%
CSWI	B	0.03%
LNW	F	0.03%
GLBE	B	0.03%
GTLB	B	0.03%
OTEX	F	0.03%
FRHC	B	0.03%
ENPH	F	0.03%
PEGA	B	0.03%
ROIV	C	0.03%
HLNE	B	0.03%
NICE	D	0.03%
ROKU	D	0.03%
AAL	B	0.03%
HQY	A	0.03%
PARA	C	0.03%
MASI	B	0.03%
ITCI	C	0.03%
HAS	D	0.03%
MEDP	D	0.03%
DOX	D	0.03%
FYBR	C	0.03%
WING	D	0.03%
CHDN	B	0.03%
BGNE	D	0.03%
EXAS	D	0.03%
RVMD	C	0.03%
FUTU	D	0.03%
PCVX	D	0.03%
INSM	C	0.03%
MTSI	B	0.03%
WWD	C	0.03%
LAMR	C	0.03%
FOXA	A	0.03%
BNTX	C	0.03%
COKE	C	0.03%
CBSH	B	0.03%
RGLD	C	0.03%
SRPT	F	0.03%
WIX	A	0.03%
WTFC	A	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
SFNC	C	0.02%
VERX	A	0.02%
GSHD	A	0.02%
VIRT	A	0.02%
WDFC	B	0.02%
VRRM	F	0.02%
WBA	F	0.02%
TBBK	B	0.02%
GH	B	0.02%
TGTX	B	0.02%
FTDR	B	0.02%
WSFS	B	0.02%
AUR	C	0.02%
CCOI	B	0.02%
QFIN	A	0.02%
MGEE	B	0.02%
FRSH	B	0.02%
ALGM	D	0.02%
IPAR	B	0.02%
CVCO	A	0.02%
PI	D	0.02%
BLKB	B	0.02%
APPF	B	0.02%
AEIS	C	0.02%
KRYS	C	0.02%
KTOS	B	0.02%
DORM	B	0.02%
NWS	A	0.02%
LOPE	C	0.02%
LI	F	0.02%
ALKT	B	0.02%
CHCI	D	0.02%
COLM	C	0.02%
BBIO	F	0.02%
ACLX	C	0.02%
CRNX	C	0.02%
VICR	C	0.02%
BANF	B	0.02%
LANC	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%
CACC	D	0.02%
BPMC	B	0.02%
BGC	C	0.02%
CALM	A	0.02%
PAYO	A	0.02%
TCBI	C	0.02%
IEP	F	0.02%
WMG	D	0.02%
CRUS	D	0.02%
VCTR	B	0.02%
ROAD	B	0.02%
PECO	A	0.02%
DJT	C	0.02%
EEFT	B	0.02%
PLXS	B	0.02%
IBOC	B	0.02%
INTA	B	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	C	0.02%
USLM	A	0.02%
IONS	F	0.02%
VKTX	F	0.02%
NCNO	C	0.02%
PRCT	B	0.02%
ITRI	C	0.02%
QLYS	B	0.02%
EXPO	D	0.02%
HALO	F	0.02%
BECN	B	0.02%
STEP	C	0.02%
FELE	B	0.02%
CYTK	F	0.02%
RMBS	B	0.02%
VRNS	D	0.02%
TENB	C	0.02%
SITM	B	0.02%
CHX	C	0.02%
AGNC	C	0.02%
LCID	F	0.02%
ALTR	B	0.02%
GNTX	C	0.02%
CELH	F	0.02%
ETSY	D	0.02%
CWST	A	0.02%
REYN	D	0.02%
MMSI	A	0.02%
HTHT	D	0.02%
WFRD	D	0.02%
MARA	B	0.02%
AVAV	C	0.02%
RDNT	B	0.02%
UBSI	B	0.02%
QXO	D	0.02%
LFUS	D	0.02%
WSC	F	0.02%
LITE	B	0.02%
OLLI	D	0.02%
UPST	B	0.02%
STRL	A	0.02%
ACIW	B	0.02%
CGNX	D	0.02%
RCM	A	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
IESC	C	0.02%
UMBF	B	0.02%
CFLT	B	0.02%
RGEN	D	0.02%
EXLS	B	0.02%
NOVT	D	0.02%
ENSG	C	0.02%
XP	F	0.02%
CRVL	B	0.02%
MMYT	B	0.02%
CRDO	B	0.02%
TPG	A	0.02%
MIDD	C	0.02%
FRPT	A	0.02%
OLED	F	0.02%
LYFT	C	0.02%
SPSC	D	0.02%
LSCC	D	0.02%
ASND	F	0.02%
FFIN	B	0.02%
MKSI	C	0.02%
COLL	F	0.01%
SRAD	A	0.01%
BFST	C	0.01%
KRUS	B	0.01%
WOOF	D	0.01%
PGNY	F	0.01%
LQDA	F	0.01%
PSNY	F	0.01%
GRFS	C	0.01%
JACK	C	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	C	0.01%
MOMO	D	0.01%
EBTC	C	0.01%
GDEN	B	0.01%
BVS	D	0.01%
TRS	B	0.01%
COGT	D	0.01%
BCBP	B	0.01%
CLOV	D	0.01%
MYGN	F	0.01%
RCKT	F	0.01%
SDGR	C	0.01%
TRNS	D	0.01%
MGPI	F	0.01%
ARDX	F	0.01%
PYCR	B	0.01%
AMRK	F	0.01%
PLUG	F	0.01%
ICHR	C	0.01%
TTGT	B	0.01%
TRDA	C	0.01%
STAA	F	0.01%
ASTL	B	0.01%
KC	B	0.01%
HROW	D	0.01%
NSSC	D	0.01%
VITL	D	0.01%
SPRY	C	0.01%
AOSL	C	0.01%
THRM	F	0.01%
IRON	B	0.01%
TLRY	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%
HTLD	C	0.01%
IBUY	B	0.01%
KURA	F	0.01%
CLDX	F	0.01%
ANIP	F	0.01%
CEVA	B	0.01%
VECO	F	0.01%
MLCO	F	0.01%
RNW	D	0.01%
AVO	C	0.01%
SPT	C	0.01%
FWRG	C	0.01%
TXG	F	0.01%
VRDN	D	0.01%
BCRX	D	0.01%
BASE	B	0.01%
FLYW	B	0.01%
DOOO	F	0.01%
PFC	B	0.01%
SOUN	B	0.01%
DAWN	D	0.01%
UCTT	D	0.01%
TNDM	D	0.01%
SNDX	F	0.01%
MRTN	D	0.01%
SIMO	D	0.01%
UDMY	D	0.01%
WB	D	0.01%
SABR	C	0.01%
HLIT	D	0.01%
SPNS	F	0.01%
KRNT	B	0.01%
RDWR	B	0.01%
TVTX	C	0.01%
DLO	C	0.01%
FTRE	D	0.01%
INFN	D	0.01%
INVA	D	0.01%
UNIT	B	0.01%
PDCO	F	0.01%
ECPG	C	0.01%
HBNC	B	0.01%
CRAI	C	0.01%
CENTA	C	0.01%
ARVN	F	0.01%
QNST	B	0.01%
WABC	B	0.01%
SAFT	B	0.01%
ACLS	F	0.01%
IAS	C	0.01%
MCRI	A	0.01%
ATEX	F	0.01%
WINA	C	0.01%
ENVX	F	0.01%
IREN	C	0.01%
PCT	C	0.01%
TWST	F	0.01%
NVCR	C	0.01%
RXST	F	0.01%
CRTO	D	0.01%
NEO	C	0.01%
AMSF	B	0.01%
FA	C	0.01%
MSEX	C	0.01%
ULH	C	0.01%
NEXT	C	0.01%
AKRO	B	0.01%
AZTA	D	0.01%
GDYN	B	0.01%
PAGP	A	0.01%
AXNX	A	0.01%
AUPH	B	0.01%
CNXN	C	0.01%
SBLK	F	0.01%
DGII	C	0.01%
CSGS	B	0.01%
HRMY	D	0.01%
MNKD	C	0.01%
HTZ	C	0.01%
MQ	D	0.01%
ERII	D	0.01%
RUN	F	0.01%
CHEF	A	0.01%
LBPH	A	0.01%
APOG	C	0.01%
VC	F	0.01%
PTGX	D	0.01%
AY	A	0.01%
DVAX	C	0.01%
TARS	C	0.01%
DNUT	F	0.01%
TMDX	F	0.01%
VSEC	C	0.01%
RRR	F	0.01%
IDYA	F	0.01%
TRMD	F	0.01%
GTX	C	0.01%
BEAM	D	0.01%
GABC	B	0.01%
LKFN	C	0.01%
ZLAB	C	0.01%
INBK	B	0.01%
JANX	C	0.01%
HPK	B	0.01%
RIOT	C	0.01%
LGIH	F	0.01%
ULCC	D	0.01%
GERN	D	0.01%
KYMR	D	0.01%
DYN	F	0.01%
IOVA	F	0.01%
ASTH	F	0.01%
DIOD	D	0.01%
VMEO	B	0.01%
VERA	C	0.01%
APPN	B	0.01%
ATAT	C	0.01%
ROIC	A	0.01%
JAMF	F	0.01%
EXTR	C	0.01%
ADUS	D	0.01%
BILI	D	0.01%
STRA	C	0.01%
CAKE	C	0.01%
EVCM	B	0.01%
SUPN	C	0.01%
CPRX	C	0.01%
XNCR	B	0.01%
GDS	C	0.01%
YY	B	0.01%
PLUS	F	0.01%
ROCK	C	0.01%
RPD	B	0.01%
IRTC	C	0.01%
CHCO	B	0.01%
XPEL	B	0.01%
LAUR	A	0.01%
LGND	C	0.01%
CGON	F	0.01%
ALHC	C	0.01%
PRVA	C	0.01%
ARWR	D	0.01%
NNBR	C	0.01%
CAR	C	0.01%
CLBK	C	0.01%
SYBT	B	0.01%
OSW	B	0.01%
SBCF	B	0.01%
FLNC	D	0.01%
AMPH	F	0.01%
VRNA	B	0.01%
UFPT	C	0.01%
WEN	D	0.01%
WULF	C	0.01%
CASH	B	0.01%
MGNI	B	0.01%
KROS	D	0.01%
PSMT	D	0.01%
CIFR	C	0.01%
IDCC	B	0.01%
HURN	C	0.01%
CLSK	C	0.01%
VCYT	B	0.01%
OPCH	D	0.01%
TRUP	B	0.01%
FORM	D	0.01%
FIVN	C	0.01%
FBNC	B	0.01%
KLIC	B	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
NWE	B	0.01%
LMAT	A	0.01%
ICFI	F	0.01%
MYRG	B	0.01%
ALRM	C	0.01%
VIAV	C	0.01%
APLS	F	0.01%
MRUS	F	0.01%
SMTC	B	0.01%
TFIN	B	0.01%
CENX	B	0.01%
MIRM	B	0.01%
OSIS	A	0.01%
HCP	B	0.01%
GGAL	B	0.01%
ASTE	C	0.01%
FROG	C	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
EXPI	D	0.01%
BRZE	C	0.01%
SYNA	C	0.01%
SHOO	F	0.01%
VCEL	B	0.01%
ERIC	C	0.01%
MRCY	C	0.01%
SGRY	F	0.01%
SRRK	C	0.01%
MGRC	B	0.01%
NPAB	F	0.01%
ACAD	C	0.01%
ACHC	F	0.01%
ATRC	C	0.01%
IOSP	C	0.01%
NARI	C	0.01%
FOLD	F	0.01%
PLMR	A	0.01%
RBCAA	B	0.01%
NEOG	F	0.01%
PRGS	A	0.01%
ZG	A	0.01%
HWKN	B	0.01%
BL	B	0.01%
LEGN	D	0.01%
RNA	C	0.01%
SLAB	F	0.01%
ESGR	B	0.01%
VOD	F	0.01%
POWI	F	0.01%
CARG	B	0.01%
OTTR	C	0.01%
WVE	C	0.01%
IAC	F	0.01%
IRDM	D	0.01%
XENE	D	0.01%
JJSF	C	0.01%
PTCT	B	0.01%
IBTX	B	0.01%
BZ	F	0.01%
AMBA	B	0.01%
LFST	B	0.01%
ACVA	B	0.01%
ADMA	B	0.01%
RYTM	C	0.01%
CVBF	A	0.01%
DNLI	D	0.01%
AGIO	C	0.01%
RARE	F	0.01%
HTLF	B	0.01%
PCH	F	0.01%
SMPL	B	0.01%
NSIT	F	0.01%
FHB	B	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
AGYS	A	0.01%
POWL	C	0.01%

ONEQ Underweight 458 Positions Relative to VFVA

Symbol	Grade	Weight
T	A	-1.01%
MO	A	-1.0%
FDX	B	-0.89%
GM	C	-0.87%
XOM	B	-0.86%
VZ	C	-0.8%
BAC	A	-0.76%
HCA	F	-0.76%
EOG	A	-0.75%
CVS	D	-0.74%
TFC	A	-0.73%
C	A	-0.72%
USB	A	-0.71%
PSX	C	-0.71%
CVX	A	-0.7%
SLB	C	-0.69%
F	C	-0.68%
VLO	C	-0.66%
COF	C	-0.66%
CI	D	-0.66%
COP	C	-0.65%
UNM	A	-0.6%
WFC	A	-0.59%
MPC	D	-0.56%
JPM	A	-0.54%
FI	A	-0.53%
MET	A	-0.52%
AIG	B	-0.51%
OXY	D	-0.5%
BK	A	-0.5%
CB	C	-0.48%
TRV	B	-0.48%
BMY	B	-0.46%
ESNT	F	-0.45%
GS	A	-0.44%
FCX	F	-0.43%
ARW	D	-0.43%
MDT	D	-0.42%
HPQ	B	-0.42%
R	B	-0.41%
AL	B	-0.41%
DIS	B	-0.4%
NEM	D	-0.4%
BERY	C	-0.38%
NUE	C	-0.38%
PFE	F	-0.36%
WMB	A	-0.35%
MCK	A	-0.35%
CIVI	D	-0.33%
SYF	B	-0.33%
PNC	B	-0.33%
LNC	C	-0.32%
HPE	B	-0.32%
MS	A	-0.32%
DHI	F	-0.31%
CE	F	-0.3%
LYB	F	-0.3%
GTES	A	-0.3%
MUR	D	-0.29%
BDX	F	-0.29%
RDN	D	-0.28%
MTG	C	-0.28%
MHK	D	-0.28%
PRU	A	-0.28%
BG	D	-0.27%
OI	C	-0.27%
TGT	F	-0.27%
ATKR	D	-0.26%
CAH	B	-0.26%
AXS	A	-0.26%
GD	D	-0.26%
OVV	B	-0.26%
AZO	C	-0.26%
ALLY	C	-0.25%
BWA	D	-0.25%
PRGO	C	-0.24%
SNX	D	-0.24%
INSW	F	-0.24%
CCL	A	-0.23%
ADM	D	-0.23%
MOS	F	-0.23%
ALK	B	-0.23%
DXC	B	-0.23%
HRI	C	-0.22%
FIS	C	-0.22%
SM	B	-0.22%
LEG	F	-0.22%
MLI	B	-0.22%
WBS	A	-0.22%
CNC	D	-0.22%
UHAL	D	-0.22%
M	F	-0.22%
KR	B	-0.22%
AMG	B	-0.21%
WHR	B	-0.21%
SON	F	-0.21%
KBH	D	-0.21%
CLF	F	-0.21%
MATX	C	-0.21%
TPH	D	-0.21%
TNL	A	-0.21%
PVH	C	-0.21%
TEX	F	-0.21%
AMR	C	-0.2%
SNV	C	-0.2%
TGNA	B	-0.2%
ZI	D	-0.2%
TROX	D	-0.2%
GPOR	B	-0.2%
WCC	B	-0.2%
RNR	C	-0.2%
DAL	B	-0.2%
ADNT	F	-0.19%
KOS	D	-0.19%
PUMP	C	-0.19%
MHO	D	-0.19%
IVZ	B	-0.19%
CMC	B	-0.19%
KNX	C	-0.19%
NOV	C	-0.19%
HCC	B	-0.19%
PCRX	C	-0.19%
LEN	D	-0.19%
KEY	B	-0.19%
CTRA	B	-0.19%
FNB	A	-0.19%
STNG	F	-0.19%
HOG	D	-0.18%
AGCO	D	-0.18%
PBF	D	-0.18%
MTDR	B	-0.18%
TNK	F	-0.18%
MDU	D	-0.18%
CCS	D	-0.18%
IBM	C	-0.18%
AEO	F	-0.18%
BC	C	-0.18%
BBWI	C	-0.18%
HELE	C	-0.18%
CF	A	-0.18%
WAL	B	-0.18%
MTB	A	-0.18%
BYD	B	-0.18%
CCSI	C	-0.18%
JNJ	C	-0.18%
DOW	F	-0.18%
PR	B	-0.17%
BTU	B	-0.17%
LEA	F	-0.17%
ALL	A	-0.17%
BFH	C	-0.17%
DAR	C	-0.17%
JEF	A	-0.17%
MD	C	-0.17%
DAN	D	-0.17%
INGR	C	-0.17%
EG	C	-0.17%
DTM	A	-0.17%
GTN	F	-0.17%
RNG	C	-0.17%
EQT	B	-0.17%
TAP	C	-0.16%
SLVM	B	-0.16%
TOL	B	-0.16%
DINO	D	-0.16%
PARR	F	-0.16%
AXL	C	-0.16%
WKC	C	-0.16%
ASIX	B	-0.16%
GNK	D	-0.16%
SEB	F	-0.16%
COMM	D	-0.16%
KOP	C	-0.16%
OMI	F	-0.16%
ABCB	B	-0.16%
ALSN	B	-0.16%
BXC	B	-0.16%
CADE	B	-0.16%
GBX	A	-0.16%
CNH	C	-0.16%
UHS	D	-0.16%
SBH	C	-0.16%
CRGY	B	-0.16%
CAG	F	-0.16%
CRC	A	-0.15%
DIN	C	-0.15%
DE	B	-0.15%
SNDR	B	-0.15%
WWW	A	-0.15%
JXN	C	-0.15%
SJM	D	-0.15%
BKU	A	-0.15%
NUS	D	-0.15%
CMA	B	-0.15%
ABG	C	-0.15%
OGN	F	-0.15%
ST	F	-0.15%
MCB	B	-0.15%
TWI	F	-0.15%
SPTN	D	-0.15%
CEIX	A	-0.14%
ELAN	D	-0.14%
SF	B	-0.14%
IRWD	F	-0.14%
TPC	C	-0.14%
RTX	D	-0.14%
OLN	F	-0.14%
ECVT	C	-0.14%
SNCY	C	-0.14%
RMAX	C	-0.14%
FNF	B	-0.14%
LZB	B	-0.14%
EMR	B	-0.14%
REZI	A	-0.14%
ASC	F	-0.14%
BRY	F	-0.14%
ALIT	C	-0.14%
DLX	B	-0.14%
APTV	F	-0.14%
TDOC	C	-0.13%
LPG	F	-0.13%
BGS	F	-0.13%
ASB	B	-0.13%
CFG	B	-0.13%
BELFB	C	-0.13%
JELD	F	-0.13%
HRB	D	-0.13%
ORI	A	-0.13%
AR	B	-0.13%
PM	B	-0.13%
UNFI	A	-0.12%
GDOT	D	-0.12%
NAT	F	-0.12%
ENS	F	-0.12%
RRX	B	-0.12%
GNW	A	-0.12%
TDS	B	-0.12%
HLX	B	-0.12%
MAN	F	-0.12%
FCF	B	-0.12%
RPAY	D	-0.12%
CMRE	C	-0.12%
DOLE	D	-0.12%
JLL	D	-0.12%
RYI	C	-0.12%
DHT	F	-0.12%
BANC	B	-0.12%
APPS	F	-0.12%
SXC	A	-0.12%
HII	F	-0.11%
CLW	F	-0.11%
KMI	A	-0.11%
PHM	D	-0.11%
FDP	B	-0.11%
MATV	D	-0.11%
MTUS	C	-0.11%
IART	C	-0.11%
ATGE	B	-0.11%
JRVR	F	-0.11%
BV	C	-0.1%
GAP	C	-0.1%
SCHW	B	-0.1%
TK	D	-0.1%
RF	A	-0.1%
GPN	B	-0.1%
CSTM	F	-0.1%
STC	B	-0.1%
SD	D	-0.1%
RRC	B	-0.1%
FHN	A	-0.1%
RNST	B	-0.1%
PHIN	A	-0.1%
CUBI	B	-0.1%
EGBN	B	-0.1%
EGY	D	-0.1%
CHGG	C	-0.1%
FL	F	-0.09%
NX	C	-0.09%
SMP	C	-0.09%
GPRE	F	-0.09%
TXT	D	-0.09%
GCO	C	-0.09%
FOXF	F	-0.09%
AUB	B	-0.09%
EMN	C	-0.09%
DNB	B	-0.09%
VAC	C	-0.09%
UVE	B	-0.09%
VTOL	B	-0.09%
BZH	C	-0.09%
NVST	B	-0.09%
DNOW	B	-0.09%
HBI	B	-0.09%
AFL	B	-0.09%
TKR	D	-0.09%
MODG	F	-0.09%
SCHL	F	-0.09%
HVT	D	-0.09%
NTB	B	-0.09%
SSB	B	-0.08%
BHLB	B	-0.08%
PII	F	-0.08%
SFL	D	-0.08%
RYAM	C	-0.08%
RJF	A	-0.08%
BLDR	D	-0.08%
BOOM	F	-0.08%
CWK	C	-0.08%
GL	C	-0.08%
ACCO	C	-0.08%
FAF	A	-0.08%
LEN	D	-0.08%
EAT	A	-0.08%
SRCE	B	-0.08%
DVN	F	-0.08%
SB	F	-0.08%
HIG	B	-0.07%
PBI	B	-0.07%
VSH	F	-0.07%
OEC	C	-0.07%
KFY	B	-0.07%
HAL	C	-0.07%
PAGS	F	-0.07%
OC	A	-0.07%
MTW	C	-0.07%
HLF	C	-0.07%
CXW	C	-0.07%
BCC	B	-0.07%
OMF	A	-0.07%
TRST	B	-0.07%
ELV	F	-0.07%
DXPE	C	-0.07%
TSN	B	-0.07%
AX	B	-0.07%
CCRN	F	-0.07%
MMM	D	-0.07%
NIC	B	-0.07%
VREX	B	-0.07%
EQH	C	-0.07%
CNA	C	-0.07%
NOG	B	-0.07%
ZEUS	C	-0.07%
HI	C	-0.07%
REVG	C	-0.07%
BBW	C	-0.07%
COHR	B	-0.07%
JHG	B	-0.07%
ALGT	B	-0.06%
LXU	B	-0.06%
GPI	B	-0.06%
PFS	B	-0.06%
UIS	B	-0.06%
NNI	D	-0.06%
DENN	D	-0.06%
CAL	F	-0.06%
GPK	C	-0.06%
OIS	B	-0.06%
TMHC	C	-0.06%
BUR	C	-0.06%
SSP	F	-0.06%
KELYA	F	-0.06%
REPX	A	-0.06%
VSCO	C	-0.06%
ENVA	B	-0.05%
PRLB	B	-0.05%
BW	D	-0.05%
MTH	D	-0.05%
GRBK	D	-0.05%
GATX	A	-0.05%
HFWA	C	-0.05%
REX	D	-0.05%
OFG	B	-0.05%
LILA	D	-0.05%
GEF	A	-0.05%
BEN	C	-0.05%
FMC	D	-0.05%
RGP	F	-0.05%
CNOB	B	-0.05%
TTEC	F	-0.05%
PFSI	C	-0.05%
GHC	B	-0.05%
LBRT	D	-0.05%
TWLO	A	-0.05%
APO	B	-0.05%
ASGN	F	-0.05%
HZO	F	-0.04%
MRC	B	-0.04%
GLDD	B	-0.04%
TPR	B	-0.04%
WTTR	A	-0.04%
HNRG	B	-0.04%
WNC	C	-0.04%
MKL	A	-0.04%
AMPY	C	-0.04%
XPOF	C	-0.04%
NCLH	B	-0.04%
ETWO	F	-0.04%
FFWM	C	-0.04%
DESP	B	-0.04%
CNO	B	-0.04%
THG	A	-0.04%
MOV	D	-0.04%
UA	C	-0.04%
RGA	A	-0.04%
RDUS	B	-0.04%
TALO	C	-0.04%
BY	B	-0.04%
CFFN	C	-0.04%
GEO	B	-0.04%
ANET	C	-0.03%
HOV	D	-0.03%
IGT	F	-0.03%
NBHC	C	-0.03%
ESI	B	-0.03%
HY	D	-0.03%
LC	A	-0.03%
SWI	C	-0.03%
JILL	C	-0.03%
FF	F	-0.03%
QCRH	B	-0.03%
JBL	C	-0.03%
HRTG	C	-0.03%
AMBC	C	-0.03%
AMAL	B	-0.03%
SHLS	F	-0.03%
DGX	A	-0.03%
USAP	B	-0.03%
ZIMV	D	-0.03%
WMK	C	-0.03%
FOR	F	-0.03%
IIIN	C	-0.03%
TBRG	B	-0.02%
NR	B	-0.02%
NFBK	C	-0.02%
HGV	C	-0.02%
KODK	B	-0.02%
TITN	C	-0.02%
HDSN	F	-0.02%
UCB	A	-0.02%
RS	B	-0.02%
CRBG	B	-0.02%
BAND	B	-0.02%
BHE	C	-0.02%
TTI	B	-0.02%
EIG	B	-0.02%
DG	F	-0.02%
IP	A	-0.02%
GO	C	-0.02%
VYX	B	-0.02%
CC	C	-0.02%
HOMB	A	-0.02%
BRKL	B	-0.02%
EPC	F	-0.02%
WRLD	C	-0.02%
MEI	F	-0.02%
PRA	C	-0.02%
STT	B	-0.02%
OBK	C	-0.02%