ONEQ vs. VGT ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to Vanguard Information Tech ETF - DNQ (VGT)

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

VGT

Vanguard Information Tech ETF - DNQ

VGT Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Information Technology 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the information technology sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$621.58

Average Daily Volume

413,857

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	VGT
30 Days	4.10%	4.10%
60 Days	5.77%	7.82%
90 Days	6.51%	7.33%
12 Months	33.93%	35.99%

156 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in VGT	Overlap
AAPL	C	11.32%	15.76%	11.32%
ACIW	B	0.02%	0.1%	0.02%
ACLS	F	0.01%	0.07%	0.01%
ADBE	C	0.74%	1.41%	0.74%
ADI	D	0.34%	0.75%	0.34%
ADSK	A	0.21%	0.45%	0.21%
AEIS	B	0.02%	0.09%	0.02%
AGYS	A	0.01%	0.06%	0.01%
AKAM	D	0.04%	0.16%	0.04%
ALGM	D	0.02%	0.06%	0.02%
ALKT	B	0.02%	0.05%	0.02%
ALRM	C	0.01%	0.06%	0.01%
ALTR	B	0.02%	0.11%	0.02%
AMAT	F	0.46%	1.0%	0.46%
AMBA	B	0.01%	0.05%	0.01%
AMD	F	0.72%	1.52%	0.72%
AMKR	D	0.02%	0.07%	0.02%
ANSS	B	0.09%	0.24%	0.09%
AOSL	C	0.01%	0.02%	0.01%
APP	B	0.28%	0.34%	0.28%
APPF	B	0.02%	0.09%	0.02%
APPN	B	0.01%	0.03%	0.01%
AUR	C	0.02%	0.1%	0.02%
AVGO	D	2.53%	4.55%	2.53%
AVT	C	0.01%	0.09%	0.01%
BASE	C	0.01%	0.02%	0.01%
BL	B	0.01%	0.07%	0.01%
BLKB	B	0.02%	0.08%	0.02%
BRZE	C	0.01%	0.05%	0.01%
BSY	D	0.05%	0.11%	0.05%
CDNS	B	0.26%	0.53%	0.26%
CDW	F	0.08%	0.21%	0.08%
CEVA	B	0.01%	0.01%	0.01%
CFLT	B	0.02%	0.12%	0.02%
CGNX	C	0.02%	0.11%	0.02%
CIFR	B	0.01%	0.02%	0.01%
CLSK	C	0.01%	0.06%	0.01%
CNXN	C	0.01%	0.02%	0.01%
COHU	C	0.01%	0.03%	0.01%
CRDO	B	0.02%	0.11%	0.02%
CRUS	D	0.02%	0.09%	0.02%
CRWD	B	0.26%	0.5%	0.26%
CSCO	B	0.76%	1.45%	0.76%
CTSH	B	0.13%	0.29%	0.13%
CVLT	B	0.03%	0.11%	0.03%
DBX	B	0.02%	0.11%	0.02%
DDOG	A	0.13%	0.29%	0.13%
DGII	B	0.01%	0.03%	0.01%
DIOD	D	0.01%	0.07%	0.01%
DOCU	A	0.05%	0.17%	0.05%
ENPH	F	0.03%	0.12%	0.03%
ENTG	D	0.05%	0.16%	0.05%
EXTR	B	0.01%	0.05%	0.01%
FFIV	B	0.04%	0.16%	0.04%
FIVN	C	0.01%	0.05%	0.01%
FLEX	A	0.05%	0.16%	0.05%
FORM	D	0.01%	0.07%	0.01%
FROG	C	0.01%	0.07%	0.01%
FRSH	C	0.02%	0.05%	0.02%
FSLR	F	0.07%	0.18%	0.07%
FTNT	C	0.24%	0.38%	0.24%
GDYN	B	0.01%	0.02%	0.01%
GEN	B	0.06%	0.18%	0.06%
GTLB	B	0.03%	0.11%	0.03%
HCP	B	0.01%	0.1%	0.01%
HLIT	D	0.01%	0.03%	0.01%
IBUY	A	0.01%	0.02%	0.01%
ICHR	C	0.01%	0.02%	0.01%
IDCC	B	0.01%	0.09%	0.01%
INFN	C	0.01%	0.04%	0.01%
INTA	A	0.02%	0.06%	0.02%
INTC	D	0.35%	0.63%	0.35%
INTU	C	0.63%	1.12%	0.63%
ITRI	B	0.02%	0.11%	0.02%
JAMF	F	0.01%	0.03%	0.01%
KLAC	D	0.27%	0.61%	0.27%
KLIC	B	0.01%	0.06%	0.01%
LFUS	F	0.02%	0.1%	0.02%
LITE	B	0.02%	0.1%	0.02%
LRCX	F	0.3%	0.66%	0.3%
LSCC	D	0.02%	0.11%	0.02%
MANH	D	0.06%	0.17%	0.06%
MARA	C	0.02%	0.1%	0.02%
MCHP	F	0.11%	0.3%	0.11%
MDB	C	0.07%	0.19%	0.07%
MKSI	C	0.02%	0.1%	0.02%
MPWR	F	0.09%	0.28%	0.09%
MRVL	B	0.25%	0.5%	0.25%
MSFT	F	10.23%	13.35%	10.23%
MSTR	C	0.2%	0.32%	0.2%
MTSI	B	0.03%	0.11%	0.03%
MU	D	0.35%	0.74%	0.35%
NCNO	B	0.02%	0.08%	0.02%
NNBR	C	0.01%	0.01%	0.01%
NOVT	D	0.02%	0.1%	0.02%
NSIT	F	0.01%	0.09%	0.01%
NSSC	D	0.01%	0.04%	0.01%
NTAP	C	0.08%	0.2%	0.08%
NTCT	C	0.01%	0.04%	0.01%
NTNX	A	0.06%	0.17%	0.06%
NVDA	C	11.52%	15.4%	11.52%
NXPI	D	0.18%	0.43%	0.18%
OKTA	C	0.04%	0.12%	0.04%
OLED	D	0.02%	0.11%	0.02%
ON	D	0.1%	0.25%	0.1%
OSIS	B	0.01%	0.05%	0.01%
PANW	C	0.41%	0.78%	0.41%
PDFS	C	0.01%	0.02%	0.01%
PEGA	A	0.03%	0.08%	0.03%
PI	D	0.02%	0.11%	0.02%
PLAB	C	0.01%	0.04%	0.01%
PLUS	F	0.01%	0.06%	0.01%
PLXS	B	0.02%	0.1%	0.02%
POWI	D	0.01%	0.08%	0.01%
PRGS	A	0.01%	0.07%	0.01%
PTC	A	0.07%	0.21%	0.07%
QCOM	F	0.59%	1.19%	0.59%
QLYS	C	0.02%	0.09%	0.02%
QRVO	F	0.02%	0.08%	0.02%
RIOT	C	0.01%	0.07%	0.01%
RMBS	C	0.02%	0.1%	0.02%
ROP	B	0.19%	0.42%	0.19%
RPD	C	0.01%	0.06%	0.01%
SANM	B	0.02%	0.09%	0.02%
SCSC	B	0.01%	0.02%	0.01%
SITM	B	0.02%	0.08%	0.02%
SLAB	D	0.01%	0.08%	0.01%
SMCI	F	0.04%	0.13%	0.04%
SMTC	B	0.01%	0.07%	0.01%
SNPS	B	0.26%	0.55%	0.26%
SOUN	C	0.01%	0.04%	0.01%
SPSC	C	0.02%	0.09%	0.02%
SPT	C	0.01%	0.03%	0.01%
STX	D	0.07%	0.19%	0.07%
SWKS	F	0.04%	0.14%	0.04%
SYNA	C	0.01%	0.07%	0.01%
TEAM	A	0.13%	0.26%	0.13%
TENB	C	0.02%	0.09%	0.02%
TER	D	0.06%	0.15%	0.06%
TRMB	B	0.06%	0.16%	0.06%
TTMI	B	0.01%	0.06%	0.01%
TXN	C	0.59%	1.21%	0.59%
UCTT	D	0.01%	0.04%	0.01%
VECO	F	0.01%	0.04%	0.01%
VERX	B	0.02%	0.06%	0.02%
VIAV	B	0.01%	0.05%	0.01%
VRNS	D	0.02%	0.09%	0.02%
VRNT	C	0.01%	0.03%	0.01%
VRSN	F	0.06%	0.16%	0.06%
WDAY	B	0.18%	0.37%	0.18%
WDC	D	0.07%	0.2%	0.07%
WULF	C	0.01%	0.04%	0.01%
XRX	F	0.01%	0.02%	0.01%
ZBRA	B	0.07%	0.19%	0.07%
ZM	B	0.07%	0.2%	0.07%
ZS	C	0.1%	0.16%	0.1%

ONEQ Overweight 674 Positions Relative to VGT

Symbol	Grade	Weight
AMZN	C	7.05%
META	D	4.0%
TSLA	B	3.4%
GOOGL	C	3.35%
GOOG	C	3.22%
COST	B	1.33%
NFLX	A	1.17%
TMUS	B	0.89%
PEP	F	0.7%
LIN	D	0.69%
ISRG	A	0.61%
BKNG	A	0.54%
CMCSA	B	0.54%
AMGN	D	0.5%
HON	B	0.49%
ADP	B	0.4%
VRTX	F	0.39%
SBUX	A	0.37%
GILD	C	0.36%
MELI	D	0.32%
PYPL	B	0.29%
EQIX	A	0.28%
MDLZ	F	0.28%
CTAS	B	0.27%
REGN	F	0.27%
CME	A	0.27%
MAR	B	0.25%
PDD	F	0.25%
CEG	D	0.23%
ORLY	B	0.23%
DASH	A	0.22%
ASML	F	0.21%
COIN	C	0.21%
CSX	B	0.21%
CHTR	C	0.19%
ABNB	C	0.19%
PCAR	B	0.19%
CPRT	A	0.18%
PAYX	C	0.17%
FANG	D	0.17%
MNST	C	0.17%
TTD	B	0.17%
FAST	B	0.16%
AEP	D	0.16%
NDAQ	A	0.15%
ROST	C	0.15%
ODFL	B	0.15%
EA	A	0.14%
KDP	D	0.14%
BKR	B	0.14%
AXON	A	0.14%
EXC	C	0.13%
VRSK	A	0.13%
ACGL	D	0.13%
XEL	A	0.13%
AZN	D	0.12%
GEHC	F	0.12%
KHC	F	0.12%
LULU	C	0.12%
WTW	B	0.11%
CCEP	C	0.11%
IDXX	F	0.11%
UAL	A	0.1%
TSCO	D	0.1%
FCNCA	A	0.1%
CSGP	D	0.1%
DXCM	D	0.1%
EBAY	D	0.1%
ALNY	D	0.1%
TTWO	A	0.1%
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%
LPLA	A	0.08%
TROW	B	0.08%
HOOD	B	0.08%
ERIE	D	0.07%
IBKR	A	0.07%
NTRS	A	0.07%
STLD	B	0.07%
EXPE	B	0.07%
CINF	A	0.07%
ILMN	D	0.07%
HOLX	D	0.06%
SSNC	B	0.06%
ALGN	F	0.06%
JD	D	0.06%
JBHT	C	0.06%
NTRA	B	0.06%
CG	A	0.06%
ARGX	A	0.06%
GRAB	B	0.06%
PODD	C	0.06%
DKNG	B	0.06%
CHKP	D	0.06%
PFG	D	0.06%
NDSN	B	0.05%
SAIA	B	0.05%
EWBC	A	0.05%
MRNA	F	0.05%
INCY	C	0.05%
SNY	F	0.05%
SFM	A	0.05%
CASY	A	0.05%
LNT	A	0.05%
VTRS	A	0.05%
MORN	B	0.05%
AFRM	A	0.05%
ICLR	D	0.05%
SOFI	A	0.05%
UTHR	C	0.05%
TW	A	0.05%
ARM	D	0.05%
ULTA	F	0.05%
MKTX	D	0.04%
EXEL	B	0.04%
RIVN	F	0.04%
LECO	B	0.04%
SEIC	B	0.04%
TECH	D	0.04%
HST	C	0.04%
NWSA	B	0.04%
NTES	D	0.04%
DUOL	A	0.04%
RPRX	D	0.04%
AAON	B	0.04%
TTEK	F	0.04%
JKHY	D	0.04%
PAA	B	0.04%
PCTY	B	0.04%
LBRDK	C	0.04%
NBIX	C	0.04%
GLPI	C	0.04%
TXRH	C	0.04%
RKLB	B	0.04%
CHRW	C	0.04%
BMRN	D	0.04%
BIDU	F	0.04%
LOGI	D	0.04%
MNDY	C	0.04%
Z	A	0.04%
CPB	D	0.04%
SMMT	D	0.04%
CYBR	B	0.04%
PPC	C	0.04%
REG	B	0.04%
POOL	C	0.04%
EVRG	A	0.04%
DLTR	F	0.04%
BRKR	D	0.03%
CZR	F	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%
LNW	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%
ROKU	D	0.03%
FOX	A	0.03%
AAL	B	0.03%
HQY	B	0.03%
PARA	C	0.03%
MASI	A	0.03%
ITCI	C	0.03%
HAS	D	0.03%
WYNN	D	0.03%
MEDP	D	0.03%
DOX	D	0.03%
FYBR	D	0.03%
LKQ	D	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%
WWD	B	0.03%
LAMR	D	0.03%
FOXA	B	0.03%
BNTX	D	0.03%
COKE	C	0.03%
CBSH	A	0.03%
RGLD	C	0.03%
SRPT	D	0.03%
WIX	B	0.03%
WTFC	A	0.03%
ARLP	A	0.02%
CLBT	B	0.02%
SFNC	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%
CCOI	B	0.02%
GLNG	D	0.02%
QFIN	B	0.02%
MGEE	C	0.02%
IPAR	B	0.02%
CVCO	A	0.02%
SKYW	B	0.02%
CATY	B	0.02%
KRYS	B	0.02%
KTOS	B	0.02%
DORM	B	0.02%
NWS	A	0.02%
LOPE	B	0.02%
LI	F	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%
FIVE	F	0.02%
SBRA	C	0.02%
AXSM	B	0.02%
SHC	F	0.02%
FIZZ	C	0.02%
CACC	D	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%
VCTR	B	0.02%
ROAD	A	0.02%
PECO	A	0.02%
DJT	C	0.02%
EEFT	B	0.02%
IBOC	A	0.02%
TIGO	D	0.02%
LSTR	D	0.02%
NUVL	D	0.02%
USLM	A	0.02%
IONS	F	0.02%
VKTX	F	0.02%
PRCT	B	0.02%
CROX	D	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%
COOP	B	0.02%
VLY	B	0.02%
BPOP	B	0.02%
CHX	C	0.02%
AGNC	D	0.02%
LCID	F	0.02%
HWC	B	0.02%
GNTX	C	0.02%
SLM	A	0.02%
CELH	F	0.02%
ETSY	D	0.02%
CWST	A	0.02%
NXST	C	0.02%
REYN	D	0.02%
MMSI	B	0.02%
HTHT	D	0.02%
WFRD	D	0.02%
ACT	D	0.02%
AVAV	D	0.02%
RDNT	B	0.02%
UBSI	B	0.02%
QXO	D	0.02%
WSC	D	0.02%
OLLI	D	0.02%
UPST	B	0.02%
STRL	B	0.02%
RCM	F	0.02%
BCPC	B	0.02%
MDGL	B	0.02%
CORT	B	0.02%
SIGI	C	0.02%
IESC	B	0.02%
UMBF	B	0.02%
RGEN	D	0.02%
EXLS	B	0.02%
ENSG	D	0.02%
XP	F	0.02%
CRVL	A	0.02%
UFPI	B	0.02%
MAT	D	0.02%
MMYT	B	0.02%
TPG	A	0.02%
MIDD	C	0.02%
FRPT	B	0.02%
LYFT	C	0.02%
JAZZ	B	0.02%
ASND	D	0.02%
FFIN	B	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	D	0.01%
TRNS	D	0.01%
MGPI	F	0.01%
ARDX	F	0.01%
PYCR	C	0.01%
AMRK	F	0.01%
PLUG	F	0.01%
TTGT	C	0.01%
TRDA	B	0.01%
STAA	F	0.01%
ASTL	B	0.01%
KC	A	0.01%
HROW	D	0.01%
VITL	D	0.01%
SPRY	D	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%
TH	C	0.01%
IMCR	C	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%
OLPX	D	0.01%
HTLD	B	0.01%
KURA	F	0.01%
CLDX	F	0.01%
ANIP	F	0.01%
FWRD	D	0.01%
MLCO	F	0.01%
HAFC	A	0.01%
RNW	D	0.01%
AVO	C	0.01%
CMCO	B	0.01%
KALU	C	0.01%
FWRG	C	0.01%
TXG	F	0.01%
CNDT	C	0.01%
VRDN	D	0.01%
BCRX	D	0.01%
FLYW	C	0.01%
DOOO	F	0.01%
PFC	A	0.01%
DAWN	F	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%
LBRDA	C	0.01%
SPNS	F	0.01%
INMD	C	0.01%
KRNT	C	0.01%
RDWR	B	0.01%
TVTX	B	0.01%
DLO	C	0.01%
FTRE	D	0.01%
NAVI	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%
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%
UPBD	B	0.01%
PAGP	A	0.01%
AXNX	C	0.01%
AUPH	B	0.01%
SBLK	F	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%
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%
VMEO	B	0.01%
MBIN	D	0.01%
VERA	B	0.01%
ATAT	C	0.01%
NWBI	B	0.01%
ROIC	A	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%
PTVE	B	0.01%
GDS	C	0.01%
YY	C	0.01%
PRDO	B	0.01%
ROCK	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	B	0.01%
CAR	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%
AMPH	D	0.01%
FRME	B	0.01%
VRNA	B	0.01%
UFPT	B	0.01%
WEN	D	0.01%
CASH	A	0.01%
MGNI	A	0.01%
KROS	D	0.01%
PSMT	C	0.01%
GOGL	F	0.01%
HURN	B	0.01%
VCYT	B	0.01%
OPCH	D	0.01%
TRUP	B	0.01%
STNE	F	0.01%
EFSC	B	0.01%
FBNC	A	0.01%
XRAY	F	0.01%
HEES	B	0.01%
SKWD	A	0.01%
LIVN	F	0.01%
TRMK	B	0.01%
GT	C	0.01%
NWE	A	0.01%
LMAT	A	0.01%
ICFI	F	0.01%
MYRG	B	0.01%
FFBC	A	0.01%
APLS	D	0.01%
MRUS	F	0.01%
TFIN	A	0.01%
CENX	B	0.01%
PLTK	B	0.01%
MIRM	B	0.01%
GGAL	C	0.01%
ASTE	B	0.01%
JBLU	F	0.01%
EWTX	C	0.01%
SWTX	C	0.01%
EXPI	C	0.01%
NBTB	B	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	B	0.01%
NEOG	F	0.01%
ZG	A	0.01%
HWKN	B	0.01%
TOWN	B	0.01%
LEGN	F	0.01%
RNA	D	0.01%
ESGR	B	0.01%
VOD	F	0.01%
CARG	C	0.01%
OTTR	C	0.01%
WVE	C	0.01%
IAC	D	0.01%
IRDM	D	0.01%
FULT	A	0.01%
XENE	F	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%
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%
RARE	D	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%
FHB	A	0.01%
IMVT	F	0.01%
CRSP	D	0.01%
PTEN	C	0.01%
POWL	C	0.01%

ONEQ Underweight 140 Positions Relative to VGT

Symbol	Grade	Weight
CRM	B	-1.84%
ORCL	B	-1.81%
ACN	C	-1.41%
NOW	A	-1.25%
IBM	C	-1.24%
ANET	C	-0.71%
PLTR	B	-0.6%
APH	A	-0.56%
MSI	B	-0.53%
FICO	B	-0.38%
IT	C	-0.31%
GLW	B	-0.31%
DELL	C	-0.29%
HPQ	A	-0.28%
SNOW	C	-0.27%
HUBS	A	-0.24%
TYL	C	-0.23%
KEYS	A	-0.23%
NET	B	-0.23%
HPE	B	-0.22%
GDDY	A	-0.21%
TDY	B	-0.2%
TWLO	A	-0.17%
GWRE	A	-0.17%
DT	C	-0.16%
JBL	B	-0.15%
PSTG	D	-0.15%
COHR	B	-0.15%
IOT	A	-0.14%
JNPR	F	-0.14%
EPAM	C	-0.13%
CIEN	B	-0.13%
SNX	C	-0.12%
SMAR	A	-0.12%
ONTO	D	-0.12%
VNT	B	-0.11%
QTWO	A	-0.11%
ZETA	D	-0.11%
U	C	-0.11%
BILL	A	-0.11%
FN	D	-0.11%
S	B	-0.11%
PCOR	B	-0.11%
CWAN	B	-0.1%
KD	B	-0.1%
ARW	D	-0.1%
PATH	C	-0.1%
BDC	B	-0.1%
BMI	B	-0.1%
BOX	B	-0.1%
DXC	B	-0.09%
WK	B	-0.09%
ESTC	C	-0.09%
ASGN	F	-0.09%
DLB	B	-0.09%
YOU	D	-0.08%
TDC	D	-0.08%
CXT	B	-0.07%
RNG	B	-0.07%
AI	B	-0.07%
ENV	B	-0.07%
MIR	A	-0.07%
DOCN	D	-0.06%
IPGP	D	-0.06%
DV	C	-0.06%
VSH	D	-0.05%
PAR	B	-0.05%
CALX	D	-0.05%
COMM	D	-0.04%
CTS	C	-0.04%
KN	B	-0.04%
BHE	B	-0.04%
PD	C	-0.04%
WOLF	F	-0.04%
RAMP	C	-0.04%
ROG	D	-0.04%
INFA	D	-0.04%
VYX	B	-0.04%
ASAN	C	-0.03%
MXL	C	-0.03%
ATEN	B	-0.03%
ZUO	B	-0.03%
SWI	B	-0.02%
BLND	B	-0.02%
BELFB	D	-0.02%
YEXT	A	-0.02%
VSAT	F	-0.02%
PRO	C	-0.02%
CXM	C	-0.02%
NABL	F	-0.02%
APLD	A	-0.02%
ACMR	F	-0.02%
FSLY	D	-0.02%
SEDG	F	-0.02%
ARLO	C	-0.02%
MVIS	F	-0.01%
BELFA	D	-0.01%
EGHT	C	-0.01%
DOMO	C	-0.01%
OUST	C	-0.01%
VPG	D	-0.01%
MEI	D	-0.01%
APPS	F	-0.01%
CRSR	C	-0.01%
LGTY	D	-0.01%
FARO	B	-0.01%
RBBN	C	-0.01%
BIGC	C	-0.01%
ENFN	A	-0.01%
LWLG	F	-0.01%
AEHR	F	-0.01%
SEMR	B	-0.01%
MITK	C	-0.01%
CCSI	C	-0.01%
CLFD	D	-0.01%
KE	C	-0.01%
ETWO	F	-0.01%
UIS	B	-0.01%
DMRC	C	-0.01%
WEAV	B	-0.01%
TWKS	D	-0.01%
OLO	B	-0.01%
MLNK	B	-0.01%
INDI	C	-0.01%
LASR	D	-0.01%
OSPN	A	-0.01%
HCKT	B	-0.01%
NTGR	B	-0.01%
MASS	F	-0.0%
LPSN	F	-0.0%
RMNI	C	-0.0%
EXFY	B	-0.0%
SCWX	B	-0.0%
CRNC	C	-0.0%
LAW	D	-0.0%
ONTF	C	-0.0%
RXT	C	-0.0%
MX	F	-0.0%
TCX	F	-0.0%
TLS	F	-0.0%

VGT: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Telecom Services Capital Markets Business Services Computer Systems Internet Content & Information Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution