ONOF vs. BBUS ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to JPMorgan BetaBuilders U.S. Equity ETF (BBUS)

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.77

Average Daily Volume

4,670

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$107.85

Average Daily Volume

114,622

Number of Holdings ^*

544

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	BBUS
30 Days	3.66%	3.35%
60 Days	5.15%	4.87%
90 Days	6.75%	6.62%
12 Months	25.68%	33.27%

477 Overlapping Holdings

	Symbol	Grade	Weight in ONOF	Weight in BBUS	Overlap
	A	D	0.08%	0.07%	0.07%
	AAPL	C	6.64%	6.36%	6.36%
	ABBV	D	0.59%	0.57%	0.57%
	ABNB	C	0.11%	0.11%	0.11%
	ABT	B	0.39%	0.39%	0.39%
	ACGL	D	0.07%	0.07%	0.07%
	ACN	C	0.45%	0.43%	0.43%
	ADBE	C	0.46%	0.43%	0.43%
	ADI	D	0.21%	0.2%	0.2%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.24%	0.24%	0.24%
	ADSK	A	0.13%	0.13%	0.13%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.1%	0.1%
	AFL	B	0.11%	0.11%	0.11%
	AGR	B	0.0%	0.0%	0.0%
	AIG	B	0.1%	0.09%	0.09%
	AJG	B	0.12%	0.12%	0.12%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.1%	0.1%
	ALNY	D	0.06%	0.06%	0.06%
	AMAT	F	0.3%	0.27%	0.27%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.44%	0.43%	0.43%
	AME	A	0.09%	0.09%	0.09%
	AMGN	D	0.31%	0.3%	0.3%
	AMP	A	0.11%	0.11%	0.11%
	AMT	D	0.18%	0.18%	0.18%
	AMZN	C	3.9%	3.73%	3.73%
	ANET	C	0.18%	0.19%	0.18%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.14%	0.16%	0.14%
	APD	A	0.14%	0.14%	0.14%
	APH	A	0.17%	0.16%	0.16%
	APO	B	0.13%	0.13%	0.13%
	APTV	D	0.03%	0.02%	0.02%
	ARE	D	0.03%	0.03%	0.03%
	ARES	A	0.06%	0.06%	0.06%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.06%	0.06%
	AVGO	D	1.53%	1.44%	1.44%
	AVTR	F	0.03%	0.03%	0.03%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	A	0.08%	0.08%	0.08%
	AXP	A	0.32%	0.32%	0.32%
	AZO	C	0.11%	0.1%	0.1%
	BA	F	0.16%	0.21%	0.16%
	BAC	A	0.61%	0.6%	0.6%
	BAH	F	0.04%	0.04%	0.04%
	BALL	D	0.04%	0.04%	0.04%
	BAX	D	0.03%	0.03%	0.03%
	BBY	D	0.03%	0.03%	0.03%
	BDX	F	0.13%	0.13%	0.13%
	BG	F	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.04%	0.04%
	BK	A	0.11%	0.11%	0.11%
	BKNG	A	0.33%	0.32%	0.32%
	BKR	B	0.09%	0.09%	0.09%
	BLDR	D	0.04%	0.04%	0.04%
	BLK	C	0.3%	0.29%	0.29%
	BMRN	D	0.02%	0.02%	0.02%
	BMY	B	0.23%	0.23%	0.23%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.21%	1.64%	1.21%
	BRO	B	0.05%	0.05%	0.05%
	BSX	B	0.25%	0.26%	0.25%
	BSY	D	0.01%	0.01%	0.01%
	BX	A	0.25%	0.26%	0.25%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.25%	0.25%	0.25%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	D	0.12%	0.12%	0.12%
	CAT	B	0.37%	0.36%	0.36%
	CB	C	0.23%	0.21%	0.21%
	CBRE	B	0.08%	0.08%	0.08%
	CCI	D	0.09%	0.09%	0.09%
	CCL	B	0.05%	0.05%	0.05%
	CDNS	B	0.16%	0.16%	0.16%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.14%	0.14%	0.14%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHTR	C	0.07%	0.07%	0.07%
	CI	F	0.18%	0.17%	0.17%
	CINF	A	0.04%	0.05%	0.04%
	CL	D	0.15%	0.15%	0.15%
	CLX	B	0.04%	0.04%	0.04%
	CMCSA	B	0.33%	0.32%	0.32%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.16%	0.16%	0.16%
	CMI	A	0.1%	0.1%	0.1%
	CMS	C	0.04%	0.04%	0.04%
	CNC	D	0.06%	0.06%	0.06%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.14%	0.13%	0.13%
	COIN	C	0.11%	0.12%	0.11%
	COP	C	0.26%	0.26%	0.26%
	COR	B	0.08%	0.08%	0.08%
	COST	B	0.8%	0.8%	0.8%
	CPAY	A	0.05%	0.05%	0.05%
	CPB	D	0.02%	0.02%	0.02%
	CPNG	D	0.05%	0.06%	0.05%
	CPRT	A	0.1%	0.09%	0.09%
	CRM	B	0.6%	0.59%	0.59%
	CRWD	B	0.15%	0.16%	0.15%
	CSCO	B	0.46%	0.45%	0.45%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.14%	0.13%	0.13%
	CTAS	B	0.15%	0.15%	0.15%
	CTRA	B	0.04%	0.04%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	C	0.08%	0.08%	0.08%
	CVS	D	0.14%	0.14%	0.14%
	CVX	A	0.54%	0.53%	0.53%
	D	C	0.09%	0.09%	0.09%
	DAL	C	0.08%	0.08%	0.08%
	DASH	A	0.11%	0.1%	0.1%
	DD	D	0.06%	0.07%	0.06%
	DDOG	A	0.08%	0.08%	0.08%
	DE	A	0.19%	0.2%	0.19%
	DECK	A	0.06%	0.05%	0.05%
	DELL	C	0.08%	0.07%	0.07%
	DFS	B	0.08%	0.08%	0.08%
	DG	F	0.03%	0.03%	0.03%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.1%	0.09%	0.09%
	DHR	F	0.3%	0.29%	0.29%
	DIS	B	0.39%	0.4%	0.39%
	DLR	B	0.11%	0.12%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	D	0.03%	0.03%	0.03%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.06%	0.06%	0.06%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.05%	0.05%
	DUK	C	0.17%	0.17%	0.17%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	D	0.06%	0.06%	0.06%
	EA	A	0.08%	0.08%	0.08%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	0.12%	0.12%	0.12%
	ED	D	0.06%	0.07%	0.06%
	EFX	F	0.06%	0.06%	0.06%
	EG	C	0.02%	0.03%	0.02%
	EIX	B	0.06%	0.06%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.19%	0.18%	0.18%
	EMR	A	0.14%	0.14%	0.14%
	ENPH	F	0.02%	0.02%	0.02%
	ENTG	D	0.03%	0.03%	0.03%
	EOG	A	0.15%	0.15%	0.15%
	EQIX	A	0.16%	0.17%	0.16%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.05%	0.05%
	ES	D	0.04%	0.04%	0.04%
	ESS	B	0.04%	0.04%	0.04%
	ETN	A	0.28%	0.28%	0.28%
	ETR	B	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.08%	0.08%	0.08%
	EXC	C	0.07%	0.07%	0.07%
	EXPD	D	0.03%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.07%	0.07%	0.07%
	F	C	0.08%	0.08%	0.08%
	FANG	D	0.06%	0.06%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FCNCA	A	0.05%	0.05%	0.05%
	FCX	D	0.12%	0.12%	0.12%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.13%	0.13%	0.13%
	FE	C	0.04%	0.04%	0.04%
	FI	A	0.24%	0.24%	0.24%
	FICO	B	0.11%	0.11%	0.11%
	FIS	C	0.1%	0.09%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.11%	0.12%	0.11%
	FTV	C	0.05%	0.05%	0.05%
	GD	F	0.13%	0.13%	0.13%
	GDDY	A	0.05%	0.05%	0.05%
	GE	D	0.38%	0.37%	0.37%
	GEHC	F	0.07%	0.06%	0.06%
	GEV	B	0.18%	0.18%	0.18%
	GILD	C	0.23%	0.21%	0.21%
	GIS	D	0.07%	0.07%	0.07%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.13%	0.12%	0.12%
	GOOG	C	1.82%	1.79%	1.79%
	GOOGL	C	2.02%	2.0%	2.0%
	GPC	D	0.03%	0.03%	0.03%
	GPN	B	0.06%	0.06%	0.06%
	GRMN	B	0.06%	0.06%	0.06%
	GS	A	0.36%	0.36%	0.36%
	GWW	B	0.1%	0.1%	0.1%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	A	0.05%	0.05%	0.05%
	HCA	F	0.13%	0.12%	0.12%
	HD	A	0.79%	0.77%	0.77%
	HEI	B	0.02%	0.02%	0.02%
	HEI	B	0.03%	0.03%	0.03%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.03%	0.02%	0.02%
	HES	B	0.08%	0.08%	0.08%
	HIG	B	0.07%	0.07%	0.07%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.3%	0.29%	0.29%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUBS	A	0.07%	0.07%	0.07%
	HUM	C	0.07%	0.07%	0.07%
	HWM	A	0.09%	0.09%	0.09%
	IBM	C	0.38%	0.38%	0.38%
	ICE	C	0.17%	0.17%	0.17%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.04%	0.04%	0.04%
	ILMN	D	0.04%	0.04%	0.04%
	INCY	C	0.03%	0.02%	0.02%
	INTC	D	0.21%	0.2%	0.2%
	INTU	C	0.38%	0.35%	0.35%
	INVH	D	0.04%	0.04%	0.04%
	IQV	D	0.07%	0.07%	0.07%
	IR	B	0.08%	0.08%	0.08%
	IRM	D	0.06%	0.07%	0.06%
	ISRG	A	0.37%	0.37%	0.37%
	IT	C	0.08%	0.08%	0.08%
	ITW	B	0.16%	0.15%	0.15%
	J	F	0.03%	0.03%	0.03%
	JBHT	C	0.03%	0.03%	0.03%
	JCI	C	0.11%	0.11%	0.11%
	JNJ	D	0.72%	0.71%	0.71%
	JPM	A	1.35%	1.33%	1.33%
	K	A	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.07%	0.07%
	KEYS	A	0.05%	0.06%	0.05%
	KHC	F	0.05%	0.05%	0.05%
	KKR	A	0.2%	0.2%	0.2%
	KLAC	D	0.17%	0.16%	0.16%
	KMB	D	0.09%	0.09%	0.09%
	KMI	A	0.1%	0.11%	0.1%
	KO	D	0.48%	0.48%	0.48%
	KR	B	0.08%	0.08%	0.08%
	KVUE	A	0.09%	0.08%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.04%	0.04%	0.04%
	LEN	D	0.08%	0.0%	0.0%
	LEN	D	0.0%	0.08%	0.0%
	LEN	D	0.0%	0.0%	0.0%
	LEN	D	0.08%	0.08%	0.08%
	LH	C	0.04%	0.04%	0.04%
	LHX	C	0.09%	0.09%	0.09%
	LII	A	0.04%	0.04%	0.04%
	LIN	D	0.43%	0.42%	0.42%
	LLY	F	1.31%	1.23%	1.23%
	LMT	D	0.25%	0.22%	0.22%
	LNG	B	0.09%	0.1%	0.09%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.3%	0.29%	0.29%
	LPLA	A	0.05%	0.05%	0.05%
	LRCX	F	0.19%	0.18%	0.18%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.04%	0.04%	0.04%
	LVS	C	0.03%	0.04%	0.03%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.04%	0.04%	0.04%
	MA	C	0.84%	0.81%	0.81%
	MAA	B	0.04%	0.04%	0.04%
	MAR	B	0.13%	0.13%	0.13%
	MCD	D	0.42%	0.41%	0.41%
	MCHP	D	0.07%	0.07%	0.07%
	MCK	B	0.16%	0.16%	0.16%
	MCO	B	0.15%	0.15%	0.15%
	MDB	C	0.04%	0.04%	0.04%
	MDLZ	F	0.17%	0.17%	0.17%
	MDT	D	0.22%	0.21%	0.21%
	MELI	D	0.18%	0.18%	0.18%
	MET	A	0.1%	0.1%	0.1%
	META	D	2.47%	2.4%	2.4%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MKL	A	0.05%	0.04%	0.04%
	MLM	B	0.07%	0.07%	0.07%
	MMC	B	0.21%	0.21%	0.21%
	MMM	D	0.14%	0.14%	0.14%
	MNST	C	0.08%	0.07%	0.07%
	MO	A	0.19%	0.19%	0.19%
	MOH	F	0.03%	0.03%	0.03%
	MPC	D	0.1%	0.11%	0.1%
	MPWR	F	0.06%	0.05%	0.05%
	MRK	F	0.49%	0.48%	0.48%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	B	0.03%	0.03%	0.03%
	MRVL	B	0.15%	0.15%	0.15%
	MS	A	0.32%	0.32%	0.32%
	MSCI	C	0.09%	0.09%	0.09%
	MSFT	F	6.15%	5.99%	5.99%
	MSI	B	0.16%	0.16%	0.16%
	MTB	A	0.07%	0.07%	0.07%
	MTD	D	0.05%	0.05%	0.05%
	MU	D	0.22%	0.21%	0.21%
	NDAQ	A	0.06%	0.06%	0.06%
	NEE	D	0.3%	0.31%	0.3%
	NEM	D	0.09%	0.1%	0.09%
	NET	B	0.05%	0.06%	0.05%
	NFLX	A	0.69%	0.73%	0.69%
	NKE	D	0.18%	0.17%	0.17%
	NOC	D	0.15%	0.14%	0.14%
	NOW	A	0.42%	0.41%	0.41%
	NSC	B	0.12%	0.11%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.07%	0.07%	0.07%
	NVDA	C	6.8%	6.71%	6.71%
	NVR	D	0.05%	0.05%	0.05%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.12%	0.13%	0.12%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.6%	0.59%	0.59%
	ORLY	B	0.14%	0.13%	0.13%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	D	0.07%	0.06%	0.06%
	PANW	C	0.25%	0.25%	0.25%
	PAYX	C	0.09%	0.09%	0.09%
	PCAR	B	0.12%	0.11%	0.11%
	PCG	A	0.09%	0.08%	0.08%
	PEG	A	0.08%	0.09%	0.08%
	PEP	F	0.45%	0.42%	0.42%
	PFE	D	0.29%	0.27%	0.27%
	PFG	D	0.04%	0.04%	0.04%
	PG	A	0.77%	0.78%	0.77%
	PGR	A	0.3%	0.29%	0.29%
	PH	A	0.17%	0.17%	0.17%
	PHM	D	0.05%	0.05%	0.05%
	PINS	D	0.03%	0.03%	0.03%
	PLD	D	0.21%	0.21%	0.21%
	PLTR	B	0.23%	0.24%	0.23%
	PM	B	0.39%	0.39%	0.39%
	PNC	B	0.16%	0.16%	0.16%
	PPG	F	0.06%	0.06%	0.06%
	PPL	B	0.05%	0.05%	0.05%
	PRU	A	0.09%	0.09%	0.09%
	PSA	D	0.1%	0.1%	0.1%
	PSX	C	0.11%	0.11%	0.11%
	PTC	A	0.04%	0.04%	0.04%
	PWR	A	0.09%	0.09%	0.09%
	PYPL	B	0.18%	0.17%	0.17%
	QCOM	F	0.36%	0.33%	0.33%
	RBLX	C	0.05%	0.05%	0.05%
	RCL	A	0.1%	0.11%	0.1%
	REGN	F	0.16%	0.15%	0.15%
	RF	A	0.05%	0.05%	0.05%
	RJF	A	0.06%	0.06%	0.06%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.11%	0.11%
	ROST	C	0.09%	0.09%	0.09%
	RPRX	D	0.02%	0.02%	0.02%
	RSG	A	0.08%	0.08%	0.08%
	RTX	C	0.31%	0.31%	0.31%
	RVTY	F	0.03%	0.03%	0.03%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	A	0.22%	0.22%	0.22%
	SCCO	F	0.02%	0.02%	0.02%
	SCHW	B	0.23%	0.22%	0.22%
	SHW	A	0.18%	0.17%	0.17%
	SIRI	C	0.0%	0.01%	0.0%
	SLB	C	0.12%	0.12%	0.12%
	SMCI	F	0.02%	0.02%	0.02%
	SNAP	C	0.02%	0.02%	0.02%
	SNOW	C	0.08%	0.08%	0.08%
	SNPS	B	0.16%	0.16%	0.16%
	SO	D	0.19%	0.19%	0.19%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	C	0.31%	0.31%	0.31%
	SQ	B	0.09%	0.1%	0.09%
	SRE	A	0.11%	0.11%	0.11%
	SSNC	B	0.03%	0.03%	0.03%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.06%	0.06%	0.06%
	STX	D	0.04%	0.04%	0.04%
	STZ	D	0.07%	0.08%	0.07%
	SUI	D	0.03%	0.03%	0.03%
	SW	A	0.05%	0.05%	0.05%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.05%	0.05%
	SYK	C	0.24%	0.27%	0.24%
	SYY	B	0.07%	0.07%	0.07%
	T	A	0.31%	0.32%	0.31%
	TDG	D	0.14%	0.14%	0.14%
	TDY	B	0.04%	0.04%	0.04%
	TEAM	A	0.08%	0.08%	0.08%
	TER	D	0.03%	0.03%	0.03%
	TFC	A	0.12%	0.12%	0.12%
	TGT	F	0.14%	0.11%	0.11%
	TJX	A	0.27%	0.26%	0.26%
	TMO	F	0.4%	0.38%	0.38%
	TMUS	B	0.22%	0.22%	0.22%
	TPL	A	0.06%	0.05%	0.05%
	TRGP	B	0.08%	0.09%	0.08%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.04%	0.04%
	TRV	B	0.12%	0.11%	0.11%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.7%	1.84%	1.7%
	TSN	B	0.03%	0.03%	0.03%
	TT	A	0.18%	0.18%	0.18%
	TTD	B	0.11%	0.11%	0.11%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.37%	0.35%	0.35%
	TYL	B	0.05%	0.05%	0.05%
	UAL	A	0.06%	0.06%	0.06%
	UBER	D	0.28%	0.27%	0.27%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.07%	1.07%	1.07%
	UNP	C	0.28%	0.28%	0.28%
	UPS	C	0.19%	0.19%	0.19%
	URI	B	0.11%	0.11%	0.11%
	USB	A	0.15%	0.15%	0.15%
	V	A	1.01%	1.0%	1.0%
	VEEV	C	0.07%	0.06%	0.06%
	VICI	C	0.06%	0.06%	0.06%
	VLO	C	0.09%	0.09%	0.09%
	VLTO	D	0.04%	0.05%	0.04%
	VMC	B	0.07%	0.07%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	F	0.03%	0.03%	0.03%
	VRT	B	0.09%	0.1%	0.09%
	VRTX	F	0.24%	0.23%	0.23%
	VST	B	0.1%	0.1%	0.1%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.34%	0.34%	0.34%
	WAB	B	0.07%	0.07%	0.07%
	WAT	B	0.05%	0.04%	0.04%
	WBD	C	0.04%	0.04%	0.04%
	WDAY	B	0.12%	0.11%	0.11%
	WDC	D	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.16%	0.16%	0.16%
	WFC	A	0.49%	0.49%	0.49%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.18%	0.16%	0.16%
	WMB	A	0.13%	0.14%	0.13%
	WMT	A	0.73%	0.73%	0.73%
	WRB	A	0.03%	0.04%	0.03%
	WSO	A	0.04%	0.04%	0.04%
	WST	C	0.05%	0.04%	0.04%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.04%	0.04%	0.04%
	XEL	A	0.07%	0.07%	0.07%
	XOM	B	1.05%	1.04%	1.04%
	XYL	D	0.06%	0.06%	0.06%
	YUM	B	0.07%	0.07%	0.07%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZM	B	0.04%	0.04%	0.04%
	ZS	C	0.04%	0.04%	0.04%
	ZTS	D	0.16%	0.16%	0.16%

ONOF Overweight 27 Positions Relative to BBUS

	Symbol	Grade	Weight
	APP	B	0.13%
	SPOT	B	0.13%
	MSTR	C	0.12%
	FLUT	A	0.09%
	CVNA	B	0.05%
	DKNG	B	0.04%
	CBOE	B	0.04%
	CSL	C	0.04%
	EME	C	0.04%
	NDSN	B	0.03%
	JBL	B	0.03%
	TW	A	0.03%
	PSTG	D	0.03%
	WSM	B	0.03%
	HOOD	B	0.03%
	RS	B	0.03%
	IBKR	A	0.03%
	TKO	B	0.02%
	DOX	D	0.02%
	IOT	A	0.02%
	OWL	A	0.02%
	ERIE	D	0.02%
	GFS	C	0.01%
	WMG	C	0.01%
	EDR	A	0.01%
	TPG	A	0.01%
	RKT	F	0.0%

ONOF Underweight 71 Positions Relative to BBUS

	Symbol	Grade	Weight
	NXPI	D	-0.11%
	PODD	C	-0.04%
	SNA	A	-0.04%
	NRG	B	-0.04%
	IP	B	-0.04%
	PKG	A	-0.04%
	EPAM	C	-0.03%
	UDR	B	-0.03%
	POOL	C	-0.03%
	DT	C	-0.03%
	EQH	B	-0.03%
	FFIV	B	-0.03%
	EWBC	A	-0.03%
	RGA	A	-0.03%
	DPZ	C	-0.03%
	FNF	B	-0.03%
	TXT	D	-0.03%
	DOCU	A	-0.03%
	FLEX	A	-0.03%
	TWLO	A	-0.03%
	NI	A	-0.03%
	OC	A	-0.03%
	KIM	A	-0.03%
	GEN	B	-0.03%
	MAS	D	-0.03%
	BURL	A	-0.03%
	PNR	A	-0.03%
	KEY	B	-0.03%
	MOS	F	-0.02%
	APA	D	-0.02%
	WYNN	D	-0.02%
	TFX	F	-0.02%
	AES	F	-0.02%
	CRL	C	-0.02%
	EXAS	D	-0.02%
	LKQ	D	-0.02%
	CNH	C	-0.02%
	AFG	A	-0.02%
	TAP	C	-0.02%
	IPG	D	-0.02%
	TECH	D	-0.02%
	CCK	C	-0.02%
	LW	C	-0.02%
	CG	A	-0.02%
	NWSA	B	-0.02%
	PAYC	B	-0.02%
	JNPR	F	-0.02%
	UHS	D	-0.02%
	DAY	B	-0.02%
	SJM	D	-0.02%
	EMN	D	-0.02%
	KMX	B	-0.02%
	HST	C	-0.02%
	ALLE	D	-0.02%
	WPC	D	-0.02%
	NBIX	C	-0.02%
	JKHY	D	-0.02%
	REG	B	-0.02%
	Z	A	-0.02%
	ELS	C	-0.02%
	ALB	C	-0.02%
	CPT	B	-0.02%
	NWS	B	-0.01%
	ZG	A	-0.01%
	WBA	F	-0.01%
	BEN	C	-0.01%
	QRVO	F	-0.01%
	U	C	-0.01%
	CRBG	B	-0.01%
	ACI	C	-0.01%
	HII	D	-0.01%

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Asset Management Diagnostics & Research Capital Markets Software - Infrastructure Specialty Retail Banks - Regional - US Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Insurance - Property & Casualty Internet Content & Information Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Insurance Electricity Electronics Aerospace Semiconductor Telecommunications Medicine Bank Cloud Computing Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust

BBUS: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Diagnostics & Research Semiconductors Asset Management Aerospace & Defense Banks - Regional - US Oil & Gas E&P Biotechnology Capital Markets Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods REIT - Residential Software - Infrastructure Specialty Chemicals Specialty Retail Medical Devices

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Bank Chemical Aerospace Medicine Real Estate Investment Trust Telecommunications Banking Cloud Computing Mobile Devices Semiconductor Mining Insurance Products