ONEQ vs. WRND ETF Comparison

Comparison of Fidelity Nasdaq Composite Index Tracking Stock (ONEQ) to IQ Global Equity R&D Leaders ETF (WRND)

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

$71.87

Average Daily Volume

216,308

Number of Holdings ^*

846

* may have additional holdings in another (foreign) market

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.54

Average Daily Volume

1,351

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	ONEQ	WRND
30 Days	1.57%	-2.03%
60 Days	3.03%	-0.55%
90 Days	8.79%	5.58%
12 Months	38.05%	28.47%

58 Overlapping Holdings

Symbol	Grade	Weight in ONEQ	Weight in WRND	Overlap
AAPL	C	11.88%	3.22%	3.22%
ABNB	B	0.19%	0.19%	0.19%
ADBE	F	0.73%	0.37%	0.37%
ADI	C	0.38%	0.16%	0.16%
ADSK	B	0.21%	0.15%	0.15%
ALNY	C	0.13%	0.12%	0.12%
AMAT	F	0.51%	0.31%	0.31%
AMD	F	0.84%	0.62%	0.62%
AMGN	C	0.57%	0.52%	0.52%
AMZN	A	6.58%	5.65%	5.65%
AVGO	B	2.73%	0.87%	0.87%
BGNE	C	0.04%	0.23%	0.04%
BIDU	F	0.04%	0.41%	0.04%
BIIB	F	0.09%	0.19%	0.09%
CDNS	C	0.23%	0.14%	0.14%
CSCO	B	0.76%	0.89%	0.76%
DASH	A	0.2%	0.12%	0.12%
DDOG	B	0.12%	0.12%	0.12%
EA	A	0.13%	0.26%	0.13%
EBAY	D	0.11%	0.16%	0.11%
EXPE	B	0.06%	0.16%	0.06%
GEHC	D	0.14%	0.13%	0.13%
GILD	A	0.36%	0.63%	0.36%
GOOGL	A	3.24%	4.78%	3.24%
HON	B	0.48%	0.16%	0.16%
ILMN	A	0.08%	0.14%	0.08%
INCY	A	0.04%	0.24%	0.04%
INTC	C	0.32%	1.74%	0.32%
INTU	D	0.57%	0.26%	0.26%
ISRG	B	0.61%	0.12%	0.12%
KLAC	F	0.3%	0.12%	0.12%
LCID	F	0.02%	0.08%	0.02%
LI	C	0.02%	0.26%	0.02%
LRCX	F	0.32%	0.2%	0.2%
MCHP	F	0.13%	0.11%	0.11%
MELI	A	0.35%	0.22%	0.22%
META	B	4.16%	4.09%	4.09%
MRNA	F	0.07%	0.36%	0.07%
MRVL	A	0.24%	0.22%	0.22%
MSFT	D	10.71%	2.97%	2.97%
MU	C	0.39%	0.41%	0.39%
NFLX	B	1.09%	0.31%	0.31%
NTAP	D	0.08%	0.1%	0.08%
NVDA	B	11.58%	1.32%	1.32%
NXPI	C	0.2%	0.25%	0.2%
PANW	B	0.39%	0.2%	0.2%
PYPL	B	0.28%	0.32%	0.28%
QCOM	D	0.63%	0.9%	0.63%
REGN	F	0.34%	0.35%	0.34%
RIVN	F	0.04%	0.17%	0.04%
SNPS	B	0.25%	0.21%	0.21%
TCOM	A	0.08%	0.27%	0.08%
TEAM	A	0.1%	0.26%	0.1%
TSLA	A	2.32%	0.5%	0.5%
TXN	A	0.61%	0.2%	0.2%
VRTX	D	0.41%	0.83%	0.41%
WDAY	F	0.17%	0.25%	0.17%
WDC	C	0.07%	0.19%	0.07%

ONEQ Overweight 788 Positions Relative to WRND

Symbol	Grade	Weight
GOOG	A	3.12%
COST	D	1.34%
TMUS	B	0.85%
PEP	D	0.79%
LIN	C	0.75%
CMCSA	A	0.54%
BKNG	A	0.48%
ADP	A	0.4%
SBUX	A	0.37%
MDLZ	D	0.32%
PDD	C	0.28%
CME	B	0.28%
EQIX	B	0.28%
CEG	B	0.28%
CTAS	B	0.27%
ORLY	C	0.24%
MAR	B	0.24%
ASML	F	0.23%
CRWD	C	0.23%
CSX	F	0.21%
FTNT	B	0.21%
ROP	D	0.19%
AEP	D	0.18%
TTD	B	0.18%
PCAR	C	0.18%
FANG	F	0.18%
MNST	C	0.18%
KDP	F	0.17%
PAYX	B	0.17%
APP	B	0.16%
ROST	F	0.16%
CHTR	B	0.16%
CPRT	D	0.16%
AZN	F	0.15%
FAST	A	0.15%
COIN	C	0.14%
ODFL	A	0.14%
ACGL	F	0.14%
KHC	D	0.14%
MPWR	F	0.14%
NDAQ	B	0.14%
IDXX	F	0.13%
VRSK	B	0.13%
CTSH	D	0.13%
MSTR	B	0.13%
EXC	C	0.13%
LULU	C	0.12%
CCEP	D	0.12%
XEL	A	0.12%
BKR	A	0.12%
TSCO	D	0.11%
AXON	B	0.11%
FCNCA	C	0.1%
CDW	F	0.1%
TTWO	A	0.1%
DXCM	C	0.1%
WTW	A	0.1%
ON	D	0.1%
CSGP	F	0.1%
SBAC	D	0.09%
ZS	C	0.09%
SMCI	F	0.09%
FITB	B	0.09%
ANSS	C	0.09%
CHKP	F	0.08%
ERIE	D	0.08%
ICLR	F	0.08%
TROW	A	0.08%
UAL	A	0.08%
JD	A	0.07%
PFG	C	0.07%
MDB	F	0.07%
STLD	A	0.07%
LPLA	A	0.07%
NTRS	B	0.07%
FSLR	C	0.07%
CINF	B	0.07%
PTC	B	0.07%
HOOD	B	0.07%
GFS	F	0.07%
HBAN	B	0.07%
TER	F	0.07%
STX	D	0.07%
ULTA	C	0.06%
TW	B	0.06%
IBKR	A	0.06%
PODD	A	0.06%
JBHT	A	0.06%
DKNG	F	0.06%
MANH	D	0.06%
VRSN	F	0.06%
HOLX	A	0.06%
SSNC	D	0.06%
CG	B	0.06%
ARM	B	0.06%
ARGX	A	0.06%
WBD	C	0.06%
ZM	A	0.06%
ZBRA	A	0.06%
EXAS	A	0.05%
TTEK	B	0.05%
BMRN	F	0.05%
NDSN	D	0.05%
DOCU	A	0.05%
VTRS	B	0.05%
MNDY	A	0.05%
DLTR	F	0.05%
CPB	D	0.05%
FLEX	A	0.05%
SMMT	C	0.05%
CASY	A	0.05%
SWKS	F	0.05%
NTRA	B	0.05%
TRMB	A	0.05%
BSY	F	0.05%
NTNX	B	0.05%
LNT	C	0.05%
UTHR	A	0.05%
ENTG	D	0.05%
AKAM	D	0.05%
MORN	B	0.05%
GEN	A	0.05%
ALGN	F	0.05%
GRAB	B	0.05%
SNY	D	0.05%
HAS	D	0.04%
DUOL	A	0.04%
QRVO	F	0.04%
MTCH	C	0.04%
Z	D	0.04%
INSM	D	0.04%
NTES	F	0.04%
LAMR	B	0.04%
WING	F	0.04%
LBRDK	A	0.04%
TXRH	A	0.04%
COKE	D	0.04%
SAIA	A	0.04%
ENPH	F	0.04%
RGLD	B	0.04%
HST	D	0.04%
FFIV	A	0.04%
TECH	B	0.04%
AFRM	A	0.04%
PAA	D	0.04%
BNTX	B	0.04%
MKTX	B	0.04%
NBIX	C	0.04%
PPC	A	0.04%
SOFI	A	0.04%
CHRW	C	0.04%
RPRX	D	0.04%
OKTA	D	0.04%
SFM	A	0.04%
JKHY	A	0.04%
CYBR	C	0.04%
GLPI	D	0.04%
PCVX	C	0.04%
LOGI	D	0.04%
SRPT	D	0.04%
REG	D	0.04%
EWBC	A	0.04%
POOL	B	0.04%
EVRG	C	0.04%
GTLB	A	0.03%
LNTH	C	0.03%
ASND	F	0.03%
XP	F	0.03%
GLBE	B	0.03%
TPG	B	0.03%
RGEN	D	0.03%
FRHC	B	0.03%
CROX	F	0.03%
HQY	B	0.03%
AAL	A	0.03%
FOX	A	0.03%
HLNE	A	0.03%
SPSC	F	0.03%
MASI	A	0.03%
LSCC	C	0.03%
CHRD	F	0.03%
HSIC	D	0.03%
LNW	D	0.03%
ITCI	A	0.03%
PARA	C	0.03%
RVMD	A	0.03%
NICE	C	0.03%
CZR	D	0.03%
BRKR	D	0.03%
ROIV	D	0.03%
EXEL	A	0.03%
SIRI	C	0.03%
OLED	F	0.03%
CBSH	A	0.03%
CHDN	B	0.03%
APA	F	0.03%
SAIC	A	0.03%
WTFC	B	0.03%
LKQ	F	0.03%
AAON	A	0.03%
MTSI	B	0.03%
FOXA	B	0.03%
ROKU	D	0.03%
FYBR	A	0.03%
OTEX	F	0.03%
FUTU	A	0.03%
WIX	B	0.03%
WWD	D	0.03%
MEDP	F	0.03%
SEIC	A	0.03%
DOX	B	0.03%
WYNN	B	0.03%
NWSA	A	0.03%
PCTY	A	0.03%
LECO	B	0.03%
RUSHA	A	0.02%
DNLI	C	0.02%
PTCT	B	0.02%
SLAB	F	0.02%
XRAY	F	0.02%
IAC	F	0.02%
FOLD	B	0.02%
BZ	C	0.02%
LEGN	F	0.02%
BANF	B	0.02%
TBBK	D	0.02%
SANM	A	0.02%
CLBT	A	0.02%
OPCH	F	0.02%
IPAR	D	0.02%
BGC	A	0.02%
COLM	C	0.02%
RMBS	C	0.02%
TFSL	B	0.02%
AEIS	A	0.02%
QLYS	F	0.02%
MDGL	A	0.02%
TCBI	B	0.02%
UPST	B	0.02%
KTOS	C	0.02%
IBOC	B	0.02%
VICR	B	0.02%
INTA	B	0.02%
PLXS	A	0.02%
CCOI	B	0.02%
ASO	F	0.02%
FIZZ	B	0.02%
KRYS	C	0.02%
VCTR	A	0.02%
LANC	B	0.02%
ROAD	B	0.02%
IMVT	F	0.02%
BPMC	C	0.02%
ITRI	A	0.02%
ACLX	B	0.02%
WBA	C	0.02%
ACHC	F	0.02%
PECO	B	0.02%
ONB	A	0.02%
GLNG	B	0.02%
BLKB	D	0.02%
SGRY	F	0.02%
WMG	A	0.02%
AXSM	C	0.02%
SRCL	A	0.02%
BBIO	D	0.02%
VRRM	F	0.02%
CALM	B	0.02%
ALGM	F	0.02%
QFIN	B	0.02%
FIVE	C	0.02%
NCNO	B	0.02%
RARE	D	0.02%
ALKT	B	0.02%
LITE	A	0.02%
EEFT	F	0.02%
VLY	A	0.02%
ALKS	F	0.02%
HWC	A	0.02%
COOP	D	0.02%
STEP	B	0.02%
CFLT	A	0.02%
CRNX	B	0.02%
SBRA	B	0.02%
BECN	B	0.02%
LSTR	D	0.02%
ICUI	C	0.02%
MARA	D	0.02%
LYFT	C	0.02%
RDNT	D	0.02%
BPOP	F	0.02%
SITM	B	0.02%
IESC	A	0.02%
FELE	D	0.02%
CACC	F	0.02%
SHC	C	0.02%
SLM	C	0.02%
UBSI	A	0.02%
DBX	A	0.02%
TIGO	C	0.02%
AUR	B	0.02%
STRL	B	0.02%
CHX	F	0.02%
CHCI	A	0.02%
TENB	D	0.02%
GNTX	B	0.02%
MMSI	B	0.02%
ACIW	C	0.02%
UMBF	A	0.02%
NUVL	D	0.02%
CVLT	B	0.02%
CWST	D	0.02%
EXLS	A	0.02%
PI	C	0.02%
CYTK	F	0.02%
NSIT	F	0.02%
AGNC	D	0.02%
ETSY	D	0.02%
ALTR	B	0.02%
IONS	F	0.02%
CORT	B	0.02%
CRVL	D	0.02%
BCPC	C	0.02%
WFRD	F	0.02%
EXPO	D	0.02%
QXO	C	0.02%
CRUS	F	0.02%
HALO	B	0.02%
OLLI	C	0.02%
VRNS	D	0.02%
FRPT	D	0.02%
CGNX	B	0.02%
SIGI	C	0.02%
NXST	A	0.02%
IEP	D	0.02%
FFIN	D	0.02%
PNFP	A	0.02%
JAZZ	D	0.02%
RCM	A	0.02%
ACT	D	0.02%
ZION	B	0.02%
HTHT	B	0.02%
VKTX	A	0.02%
PEGA	A	0.02%
MAT	A	0.02%
LFUS	D	0.02%
COLB	A	0.02%
RKLB	A	0.02%
REYN	F	0.02%
AVAV	B	0.02%
MKSI	F	0.02%
CRDO	A	0.02%
NOVT	C	0.02%
AMKR	F	0.02%
WSC	F	0.02%
UFPI	C	0.02%
BOKF	B	0.02%
ENSG	A	0.02%
CELH	F	0.02%
MIDD	F	0.02%
MMYT	A	0.02%
CSWI	B	0.02%
GDEN	F	0.01%
AMWD	D	0.01%
CNTA	A	0.01%
IMKTA	D	0.01%
SEDG	F	0.01%
EYE	D	0.01%
PYCR	B	0.01%
JBSS	F	0.01%
FLGT	C	0.01%
CDNA	D	0.01%
BCBP	D	0.01%
PHAT	B	0.01%
KELYA	D	0.01%
EMBC	C	0.01%
GMAB	F	0.01%
NRIX	B	0.01%
ICHR	F	0.01%
KRUS	A	0.01%
ASTL	A	0.01%
MATW	D	0.01%
SRCL	A	0.01%
TH	F	0.01%
JACK	C	0.01%
CNSL	A	0.01%
BMBL	C	0.01%
NNDM	D	0.01%
GSM	F	0.01%
IMTX	F	0.01%
MOMO	A	0.01%
PSNY	F	0.01%
DHC	D	0.01%
GIII	C	0.01%
RDFN	C	0.01%
TREE	F	0.01%
FLYW	C	0.01%
SOUN	B	0.01%
SAVA	D	0.01%
FFIC	B	0.01%
VRNT	F	0.01%
RLAY	F	0.01%
NVAX	F	0.01%
PLAY	C	0.01%
OPK	C	0.01%
TRDA	A	0.01%
ISTR	A	0.01%
SDGR	F	0.01%
MRVI	F	0.01%
HAFC	A	0.01%
LQDA	C	0.01%
KALU	B	0.01%
KRNT	C	0.01%
WOOF	B	0.01%
ESTA	B	0.01%
PLYA	B	0.01%
THRM	D	0.01%
PGNY	F	0.01%
BASE	C	0.01%
CEVA	D	0.01%
TRS	B	0.01%
SVC	F	0.01%
TTGT	C	0.01%
AVAH	D	0.01%
COMM	A	0.01%
CMCO	F	0.01%
BCYC	D	0.01%
COLL	F	0.01%
BLBD	F	0.01%
WASH	B	0.01%
MNTK	B	0.01%
BLMN	F	0.01%
PFC	A	0.01%
VIR	B	0.01%
CBRL	C	0.01%
IQ	C	0.01%
ODP	C	0.01%
HTLD	F	0.01%
HTZ	F	0.01%
IBUY	A	0.01%
AVO	C	0.01%
PDFS	F	0.01%
NEXT	C	0.01%
FWRG	B	0.01%
COHU	B	0.01%
ANAB	F	0.01%
SCVL	F	0.01%
SPT	F	0.01%
CNDT	D	0.01%
NVEE	D	0.01%
HBNC	A	0.01%
BVS	A	0.01%
IREN	B	0.01%
ATSG	A	0.01%
PLUG	C	0.01%
ARDX	D	0.01%
IMCR	F	0.01%
NSSC	F	0.01%
MRTN	F	0.01%
STAA	F	0.01%
VMEO	C	0.01%
MGPI	F	0.01%
DLO	D	0.01%
LBRDA	A	0.01%
AMED	C	0.01%
SPRY	B	0.01%
MCRI	A	0.01%
ANIP	F	0.01%
TRNS	F	0.01%
QNST	A	0.01%
KURA	F	0.01%
NEO	D	0.01%
WABC	B	0.01%
CENTA	D	0.01%
AMSF	A	0.01%
SCSC	F	0.01%
CLOV	A	0.01%
FWRD	C	0.01%
PEBO	B	0.01%
ULH	B	0.01%
AUPH	A	0.01%
ECPG	D	0.01%
RIOT	C	0.01%
RCKT	F	0.01%
SABR	C	0.01%
UPBD	D	0.01%
FTRE	F	0.01%
MBUU	A	0.01%
UCTT	F	0.01%
MLCO	C	0.01%
RDWR	C	0.01%
INMD	C	0.01%
PLAB	F	0.01%
SAFT	D	0.01%
CSGS	D	0.01%
VECO	F	0.01%
PFBC	B	0.01%
DOOO	F	0.01%
UDMY	C	0.01%
OLPX	F	0.01%
RNW	F	0.01%
NNBR	D	0.01%
ANDE	F	0.01%
OCFC	A	0.01%
TCBK	C	0.01%
DAWN	A	0.01%
TARS	A	0.01%
AOSL	D	0.01%
TVTX	B	0.01%
VITL	C	0.01%
INFN	B	0.01%
NAVI	F	0.01%
COGT	B	0.01%
TLRY	F	0.01%
TXG	F	0.01%
VSEC	A	0.01%
WINA	A	0.01%
UNIT	C	0.01%
DVAX	A	0.01%
APOG	A	0.01%
SIMO	F	0.01%
GABC	A	0.01%
ATEX	D	0.01%
APPN	A	0.01%
WB	B	0.01%
GDYN	B	0.01%
CRAI	B	0.01%
BCRX	A	0.01%
SBLK	F	0.01%
MSEX	B	0.01%
VRDN	B	0.01%
PCT	B	0.01%
AMRK	D	0.01%
PRDO	B	0.01%
INVA	C	0.01%
DGII	B	0.01%
AHCO	D	0.01%
VERA	A	0.01%
NVCR	F	0.01%
MNKD	A	0.01%
LKFN	B	0.01%
ERII	A	0.01%
CLDX	F	0.01%
IAS	A	0.01%
BEAM	F	0.01%
LILAK	A	0.01%
BUSE	D	0.01%
CAR	C	0.01%
INBK	C	0.01%
AXNX	A	0.01%
TYRA	F	0.01%
CHEF	D	0.01%
VC	F	0.01%
CAKE	A	0.01%
HROW	C	0.01%
PAGP	D	0.01%
PDCO	F	0.01%
AZTA	F	0.01%
SNDX	F	0.01%
TNDM	F	0.01%
MYGN	F	0.01%
CNXN	F	0.01%
AKRO	A	0.01%
NWBI	C	0.01%
TTMI	A	0.01%
LBPH	A	0.01%
CIFR	B	0.01%
MGNI	D	0.01%
PRVA	B	0.01%
ROIC	B	0.01%
HRMY	D	0.01%
MLKN	F	0.01%
LAUR	A	0.01%
AY	A	0.01%
RXST	D	0.01%
FIVN	C	0.01%
CENX	B	0.01%
RRR	F	0.01%
SASR	A	0.01%
STRA	F	0.01%
HLIT	F	0.01%
STBA	D	0.01%
EXTR	B	0.01%
TWST	F	0.01%
XNCR	A	0.01%
CRTO	F	0.01%
WSBC	A	0.01%
EVCM	A	0.01%
GTX	F	0.01%
HPK	F	0.01%
XRX	F	0.01%
XPEL	F	0.01%
YY	D	0.01%
IDCC	A	0.01%
CLSK	C	0.01%
MYRG	B	0.01%
CHCO	A	0.01%
HAIN	A	0.01%
LGIH	F	0.01%
ARVN	C	0.01%
HOPE	D	0.01%
FRME	C	0.01%
ROCK	D	0.01%
DCOM	B	0.01%
CMPR	F	0.01%
DNUT	C	0.01%
SUPN	B	0.01%
ULCC	B	0.01%
IRTC	C	0.01%
PINC	A	0.01%
PTVE	D	0.01%
NTCT	C	0.01%
SWTX	D	0.01%
SYBT	B	0.01%
WERN	A	0.01%
ALHC	A	0.01%
ATAT	B	0.01%
RPD	C	0.01%
OSW	A	0.01%
VBTX	B	0.01%
WULF	B	0.01%
SBCF	B	0.01%
SPNS	B	0.01%
ACLS	F	0.01%
ARCB	F	0.01%
ZLAB	B	0.01%
JANX	A	0.01%
GOGL	F	0.01%
HURN	A	0.01%
GDS	B	0.01%
LMAT	B	0.01%
IDYA	F	0.01%
ENVX	D	0.01%
CASH	A	0.01%
CLBK	D	0.01%
LGND	A	0.01%
VCEL	D	0.01%
PTGX	B	0.01%
NMRK	C	0.01%
ASTE	C	0.01%
VCYT	A	0.01%
EFSC	B	0.01%
FFBC	A	0.01%
CPRX	A	0.01%
GT	F	0.01%
MIRM	B	0.01%
UFPT	D	0.01%
TRMK	B	0.01%
GERN	C	0.01%
ATRC	A	0.01%
FBNC	D	0.01%
AMRX	B	0.01%
KLIC	B	0.01%
ADUS	D	0.01%
ALRM	F	0.01%
MBIN	F	0.01%
BRZE	F	0.01%
GGAL	B	0.01%
VRNA	A	0.01%
HEES	B	0.01%
ZG	D	0.01%
SKWD	B	0.01%
JAMF	D	0.01%
DYN	F	0.01%
TFIN	B	0.01%
MRCY	D	0.01%
PLTK	A	0.01%
ZD	F	0.01%
ACAD	F	0.01%
GH	D	0.01%
BILI	A	0.01%
TRMD	F	0.01%
KYMR	C	0.01%
VIAV	A	0.01%
OMCL	B	0.01%
FLNC	B	0.01%
NBTB	D	0.01%
INDB	B	0.01%
BANR	A	0.01%
NARI	A	0.01%
DIOD	F	0.01%
TRUP	A	0.01%
FRSH	C	0.01%
IOVA	B	0.01%
KROS	A	0.01%
OSIS	F	0.01%
ARWR	F	0.01%
FULT	B	0.01%
MQ	A	0.01%
CGON	F	0.01%
MGRC	A	0.01%
RBCAA	B	0.01%
WEN	A	0.01%
FROG	C	0.01%
NWE	D	0.01%
ADMA	B	0.01%
CNXC	F	0.01%
LIVN	C	0.01%
PSMT	C	0.01%
IOSP	F	0.01%
PLMR	D	0.01%
EXPI	B	0.01%
AGIO	B	0.01%
PPBI	B	0.01%
SYNA	F	0.01%
CVBF	B	0.01%
HCP	A	0.01%
DRVN	A	0.01%
CARG	B	0.01%
SMTC	B	0.01%
HUBG	D	0.01%
TGTX	A	0.01%
APLS	F	0.01%
RUN	C	0.01%
AMPH	A	0.01%
NEOG	D	0.01%
ACVA	F	0.01%
RYTM	D	0.01%
GSHD	A	0.01%
JBLU	D	0.01%
PENN	B	0.01%
IBTX	B	0.01%
PLUS	C	0.01%
ASTH	C	0.01%
PRGS	B	0.01%
BL	B	0.01%
URBN	F	0.01%
FA	D	0.01%
HTLF	A	0.01%
TOWN	D	0.01%
SNEX	A	0.01%
EBC	C	0.01%
FORM	F	0.01%
SMPL	C	0.01%
STNE	F	0.01%
FHB	A	0.01%
SHOO	D	0.01%
HWKN	D	0.01%
VERX	B	0.01%
OTTR	F	0.01%
ERIC	A	0.01%
TMDX	F	0.01%
PATK	F	0.01%
SRRK	B	0.01%
MRUS	C	0.01%
AGYS	D	0.01%
SKYW	A	0.01%
USLM	A	0.01%
EWTX	B	0.01%
ESGR	C	0.01%
NPAB	D	0.01%
WAFD	D	0.01%
WSFS	D	0.01%
POWL	A	0.01%
AVT	B	0.01%
LFST	C	0.01%
DORM	A	0.01%
APPF	D	0.01%
OZK	B	0.01%
NWL	A	0.01%
MGEE	C	0.01%
LOPE	D	0.01%
BHF	B	0.01%
JJSF	C	0.01%
POWI	C	0.01%
CVCO	A	0.01%
FIBK	B	0.01%
FTDR	B	0.01%
SATS	B	0.01%
VIRT	A	0.01%
ARLP	A	0.01%
NWS	A	0.01%
CATY	A	0.01%
PRCT	A	0.01%
AMBA	B	0.01%
XENE	C	0.01%
IRDM	B	0.01%
RNA	C	0.01%
PTEN	F	0.01%
CRSP	C	0.01%
ICFI	B	0.01%
PAYO	B	0.01%
SFNC	A	0.01%
WDFC	A	0.01%
VOD	D	0.01%
WVE	B	0.01%
NMIH	D	0.01%
PCH	F	0.01%

ONEQ Underweight 54 Positions Relative to WRND

Symbol	Grade	Weight
MRK	F	-1.71%
JNJ	D	-1.53%
GM	B	-1.1%
BMY	A	-1.07%
PFE	D	-1.07%
NVS	D	-1.04%
LLY	F	-1.02%
BABA	B	-1.02%
ORCL	B	-0.96%
F	D	-0.87%
ABBV	A	-0.76%
HMC	F	-0.73%
IBM	C	-0.73%
TM	D	-0.72%
STLA	F	-0.66%
SONY	D	-0.6%
CRM	A	-0.58%
BA	F	-0.38%
UBER	C	-0.34%
SQ	B	-0.31%
RTX	C	-0.31%
MDT	B	-0.29%
ABT	A	-0.29%
DE	B	-0.24%
HPE	A	-0.24%
NOW	A	-0.24%
CAT	B	-0.23%
NIO	D	-0.21%
PG	D	-0.2%
SPOT	A	-0.18%
HPQ	B	-0.18%
GE	D	-0.18%
CMI	B	-0.17%
ABBV	A	-0.17%
SHOP	B	-0.17%
SNOW	C	-0.16%
ACN	C	-0.15%
DHR	D	-0.15%
CTVA	A	-0.15%
LMT	D	-0.15%
BSX	C	-0.15%
MMM	D	-0.15%
SYK	A	-0.14%
TMO	D	-0.13%
NOC	D	-0.13%
APTV	F	-0.13%
RBLX	A	-0.13%
JNPR	A	-0.12%
EW	D	-0.12%
UL	D	-0.12%
PINS	C	-0.12%
BDX	C	-0.12%
LPL	F	-0.11%
GLW	A	-0.11%