ONOF vs. FNDX ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

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

$34.18

Average Daily Volume

9,467

Number of Holdings ^*

494

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$71.53

Average Daily Volume

410,055

Number of Holdings ^*

716

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	FNDX
30 Days	2.75%	2.67%
60 Days	0.59%	4.35%
90 Days	0.44%	7.25%
12 Months	19.63%	29.57%

425 Overlapping Holdings

Symbol	Grade	Weight in ONOF	Weight in FNDX	Overlap
A	C	0.09%	0.06%	0.06%
AAPL	C	6.67%	4.32%	4.32%
ABBV	B	0.71%	0.6%	0.6%
ABT	C	0.42%	0.34%	0.34%
ACGL	B	0.08%	0.05%	0.05%
ACN	C	0.47%	0.34%	0.34%
ADBE	F	0.47%	0.19%	0.19%
ADI	C	0.23%	0.13%	0.13%
ADM	D	0.06%	0.22%	0.06%
ADP	C	0.24%	0.14%	0.14%
ADSK	B	0.12%	0.03%	0.03%
AEE	B	0.05%	0.07%	0.05%
AEP	C	0.11%	0.19%	0.11%
AFL	A	0.12%	0.23%	0.12%
AIG	D	0.1%	0.28%	0.1%
AJG	D	0.13%	0.05%	0.05%
AKAM	D	0.03%	0.03%	0.03%
ALGN	D	0.04%	0.02%	0.02%
ALL	C	0.1%	0.29%	0.1%
AMAT	D	0.32%	0.25%	0.25%
AMCR	B	0.03%	0.02%	0.02%
AMD	C	0.5%	0.09%	0.09%
AME	C	0.08%	0.05%	0.05%
AMGN	D	0.37%	0.48%	0.37%
AMP	B	0.09%	0.12%	0.09%
AMT	C	0.23%	0.14%	0.14%
AMZN	C	3.62%	1.38%	1.38%
ANET	C	0.18%	0.04%	0.04%
ANSS	D	0.06%	0.02%	0.02%
AON	B	0.14%	0.12%	0.12%
APD	B	0.13%	0.12%	0.12%
APH	C	0.16%	0.09%	0.09%
APO	B	0.1%	0.03%	0.03%
APTV	D	0.04%	0.04%	0.04%
ARE	C	0.04%	0.03%	0.03%
ATO	B	0.04%	0.04%	0.04%
AVB	C	0.07%	0.06%	0.06%
AVGO	C	1.54%	0.67%	0.67%
AVTR	C	0.04%	0.03%	0.03%
AVY	C	0.03%	0.04%	0.03%
AWK	C	0.06%	0.05%	0.05%
AXP	B	0.31%	0.37%	0.31%
AZO	B	0.11%	0.06%	0.06%
BA	F	0.19%	0.13%	0.13%
BAC	D	0.56%	1.22%	0.56%
BAH	B	0.04%	0.04%	0.04%
BALL	C	0.04%	0.06%	0.04%
BAX	C	0.04%	0.09%	0.04%
BBY	A	0.04%	0.19%	0.04%
BDX	D	0.14%	0.11%	0.11%
BG	F	0.03%	0.11%	0.03%
BIIB	F	0.06%	0.1%	0.06%
BK	B	0.11%	0.26%	0.11%
BKNG	B	0.28%	0.2%	0.2%
BKR	C	0.07%	0.14%	0.07%
BLDR	C	0.05%	0.04%	0.04%
BLK	B	0.29%	0.25%	0.25%
BMY	C	0.21%	0.36%	0.21%
BR	C	0.05%	0.03%	0.03%
BRK.A	C	1.23%	2.26%	1.23%
BRO	C	0.05%	0.03%	0.03%
BSX	B	0.25%	0.09%	0.09%
BX	C	0.23%	0.12%	0.12%
BXP	C	0.02%	0.05%	0.02%
C	C	0.23%	1.05%	0.23%
CAG	B	0.03%	0.07%	0.03%
CAH	C	0.06%	0.07%	0.06%
CARR	B	0.13%	0.13%	0.13%
CAT	B	0.36%	0.39%	0.36%
CB	B	0.24%	0.29%	0.24%
CBOE	C	0.05%	0.02%	0.02%
CBRE	B	0.08%	0.13%	0.08%
CCI	C	0.11%	0.11%	0.11%
CCL	C	0.04%	0.05%	0.04%
CDNS	D	0.15%	0.03%	0.03%
CDW	D	0.06%	0.06%	0.06%
CE	D	0.03%	0.06%	0.03%
CEG	C	0.13%	0.1%	0.1%
CF	B	0.03%	0.06%	0.03%
CFG	D	0.04%	0.1%	0.04%
CHD	C	0.05%	0.04%	0.04%
CHTR	D	0.07%	0.32%	0.07%
CI	C	0.21%	0.55%	0.21%
CINF	C	0.04%	0.07%	0.04%
CL	C	0.18%	0.16%	0.16%
CLX	C	0.05%	0.04%	0.04%
CMCSA	C	0.32%	0.74%	0.32%
CME	B	0.16%	0.08%	0.08%
CMG	D	0.16%	0.04%	0.04%
CMI	B	0.09%	0.17%	0.09%
CMS	B	0.04%	0.06%	0.04%
CNC	D	0.08%	0.25%	0.08%
CNP	C	0.04%	0.06%	0.04%
COF	B	0.11%	0.39%	0.11%
COP	F	0.26%	0.42%	0.26%
COST	C	0.83%	0.72%	0.72%
CPAY	B	0.04%	0.05%	0.04%
CPB	C	0.02%	0.04%	0.02%
CPRT	D	0.09%	0.02%	0.02%
CRM	C	0.5%	0.12%	0.12%
CSCO	B	0.43%	0.74%	0.43%
CSL	B	0.04%	0.05%	0.04%
CSX	C	0.14%	0.21%	0.14%
CTAS	C	0.15%	0.09%	0.09%
CTRA	F	0.04%	0.01%	0.01%
CTSH	B	0.08%	0.18%	0.08%
CTVA	B	0.08%	0.09%	0.08%
CVS	D	0.15%	0.68%	0.15%
CVX	F	0.51%	1.07%	0.51%
D	C	0.1%	0.19%	0.1%
DAL	C	0.06%	0.02%	0.02%
DD	B	0.07%	0.18%	0.07%
DE	A	0.21%	0.22%	0.21%
DECK	C	0.05%	0.03%	0.03%
DELL	C	0.06%	0.01%	0.01%
DFS	C	0.07%	0.21%	0.07%
DG	F	0.04%	0.08%	0.04%
DGX	B	0.04%	0.07%	0.04%
DHI	C	0.12%	0.2%	0.12%
DHR	B	0.37%	0.17%	0.17%
DIS	D	0.36%	0.38%	0.36%
DLR	B	0.11%	0.08%	0.08%
DLTR	F	0.03%	0.05%	0.03%
DOC	B	0.03%	0.04%	0.03%
DOV	B	0.05%	0.06%	0.05%
DOW	C	0.08%	0.19%	0.08%
DOX	C	0.02%	0.04%	0.02%
DRI	C	0.04%	0.05%	0.04%
DTE	A	0.05%	0.08%	0.05%
DUK	B	0.19%	0.34%	0.19%
DVN	F	0.05%	0.08%	0.05%
EA	D	0.07%	0.08%	0.07%
EBAY	B	0.07%	0.2%	0.07%
ECL	B	0.13%	0.09%	0.09%
ED	B	0.07%	0.13%	0.07%
EFX	C	0.08%	0.04%	0.04%
EG	B	0.03%	0.03%	0.03%
EIX	B	0.07%	0.11%	0.07%
EL	D	0.04%	0.04%	0.04%
ELV	D	0.27%	0.5%	0.27%
EMR	D	0.12%	0.15%	0.12%
EOG	D	0.15%	0.2%	0.15%
EQIX	B	0.17%	0.08%	0.08%
EQR	C	0.05%	0.06%	0.05%
EQT	C	0.03%	0.03%	0.03%
ES	B	0.05%	0.09%	0.05%
ESS	C	0.04%	0.04%	0.04%
ETN	C	0.26%	0.21%	0.21%
ETR	A	0.06%	0.11%	0.06%
EVRG	B	0.03%	0.07%	0.03%
EW	F	0.08%	0.04%	0.04%
EXC	B	0.08%	0.18%	0.08%
EXPD	B	0.04%	0.02%	0.02%
EXPE	C	0.04%	0.03%	0.03%
EXR	C	0.08%	0.04%	0.04%
F	F	0.09%	0.31%	0.09%
FANG	F	0.06%	0.05%	0.05%
FAST	C	0.08%	0.07%	0.07%
FCNCA	D	0.05%	0.02%	0.02%
FCX	C	0.13%	0.14%	0.13%
FDX	D	0.14%	0.33%	0.14%
FE	B	0.05%	0.1%	0.05%
FIS	C	0.1%	0.13%	0.1%
FITB	B	0.06%	0.13%	0.06%
FOXA	B	0.02%	0.09%	0.02%
FSLR	C	0.06%	0.02%	0.02%
FTNT	B	0.1%	0.03%	0.03%
FTV	C	0.06%	0.03%	0.03%
GD	C	0.14%	0.23%	0.14%
GDDY	C	0.04%	0.02%	0.02%
GE	C	0.42%	0.18%	0.18%
GEHC	B	0.08%	0.07%	0.07%
GEV	B	0.13%	0.05%	0.05%
GILD	B	0.22%	0.35%	0.22%
GIS	B	0.09%	0.13%	0.09%
GLW	B	0.07%	0.14%	0.07%
GM	C	0.12%	0.69%	0.12%
GOOG	D	1.76%	1.07%	1.07%
GOOGL	D	1.96%	1.23%	1.23%
GPC	D	0.04%	0.05%	0.04%
GPN	D	0.06%	0.08%	0.06%
GRMN	D	0.05%	0.04%	0.04%
GS	B	0.33%	0.57%	0.33%
GWW	B	0.08%	0.07%	0.07%
HAL	F	0.05%	0.06%	0.05%
HBAN	B	0.04%	0.07%	0.04%
HCA	B	0.16%	0.26%	0.16%
HD	B	0.8%	0.79%	0.79%
HES	F	0.08%	0.04%	0.04%
HIG	B	0.07%	0.15%	0.07%
HLT	B	0.11%	0.06%	0.06%
HOLX	D	0.04%	0.04%	0.04%
HON	C	0.27%	0.34%	0.27%
HPE	C	0.05%	0.18%	0.05%
HPQ	C	0.07%	0.2%	0.07%
HRL	F	0.02%	0.03%	0.02%
HSY	D	0.06%	0.04%	0.04%
HUBB	B	0.05%	0.03%	0.03%
HUM	F	0.08%	0.2%	0.08%
HWM	B	0.08%	0.06%	0.06%
IBM	B	0.41%	0.62%	0.41%
ICE	C	0.19%	0.13%	0.13%
IDXX	D	0.09%	0.03%	0.03%
IEX	C	0.03%	0.02%	0.02%
IFF	A	0.05%	0.06%	0.05%
ILMN	D	0.04%	0.03%	0.03%
INTC	D	0.18%	0.64%	0.18%
INTU	D	0.36%	0.1%	0.1%
INVH	D	0.04%	0.03%	0.03%
IQV	D	0.09%	0.08%	0.08%
IR	B	0.08%	0.03%	0.03%
IRM	C	0.07%	0.08%	0.07%
ISRG	C	0.36%	0.09%	0.09%
IT	C	0.09%	0.03%	0.03%
ITW	B	0.16%	0.15%	0.15%
J	A	0.04%	0.06%	0.04%
JBHT	D	0.03%	0.04%	0.03%
JBL	C	0.02%	0.05%	0.02%
JCI	B	0.1%	0.15%	0.1%
JNJ	C	0.84%	1.0%	0.84%
JPM	D	1.24%	1.93%	1.24%
K	A	0.04%	0.07%	0.04%
KDP	B	0.08%	0.08%	0.08%
KEYS	B	0.05%	0.03%	0.03%
KHC	C	0.06%	0.11%	0.06%
KKR	B	0.18%	0.12%	0.12%
KLAC	D	0.21%	0.1%	0.1%
KMB	C	0.1%	0.11%	0.1%
KMI	C	0.09%	0.19%	0.09%
KO	B	0.58%	0.43%	0.43%
KR	B	0.08%	0.3%	0.08%
KVUE	B	0.09%	0.03%	0.03%
L	D	0.03%	0.05%	0.03%
LDOS	A	0.04%	0.08%	0.04%
LEN	B	0.09%	0.19%	0.09%
LEN	B	0.0%	0.19%	0.0%
LHX	C	0.09%	0.16%	0.09%
LII	C	0.04%	0.03%	0.03%
LIN	B	0.47%	0.35%	0.35%
LLY	D	1.61%	0.26%	0.26%
LMT	A	0.28%	0.4%	0.28%
LNG	D	0.08%	0.05%	0.05%
LNT	A	0.03%	0.04%	0.03%
LOW	B	0.31%	0.42%	0.31%
LPLA	D	0.03%	0.03%	0.03%
LRCX	D	0.21%	0.16%	0.16%
LULU	D	0.06%	0.02%	0.02%
LUV	C	0.04%	0.02%	0.02%
LVS	C	0.03%	0.03%	0.03%
LYB	D	0.05%	0.15%	0.05%
MA	B	0.85%	0.28%	0.28%
MAA	C	0.05%	0.04%	0.04%
MAR	B	0.12%	0.08%	0.08%
MCD	B	0.45%	0.34%	0.34%
MCHP	D	0.08%	0.05%	0.05%
MCK	F	0.14%	0.1%	0.1%
MCO	C	0.16%	0.08%	0.08%
MDLZ	C	0.21%	0.23%	0.21%
MDT	B	0.24%	0.27%	0.24%
MET	B	0.1%	0.26%	0.1%
META	B	2.48%	1.85%	1.85%
MGM	D	0.02%	0.05%	0.02%
MKC	C	0.04%	0.04%	0.04%
MKL	C	0.04%	0.05%	0.04%
MLM	D	0.07%	0.04%	0.04%
MMC	C	0.23%	0.15%	0.15%
MMM	B	0.15%	0.4%	0.15%
MNST	D	0.08%	0.04%	0.04%
MO	C	0.18%	0.37%	0.18%
MOH	D	0.04%	0.05%	0.04%
MPC	F	0.12%	0.41%	0.12%
MRK	F	0.63%	0.51%	0.51%
MRNA	F	0.05%	0.04%	0.04%
MRO	D	0.03%	0.08%	0.03%
MRVL	D	0.13%	0.04%	0.04%
MS	B	0.26%	0.36%	0.26%
MSCI	C	0.09%	0.03%	0.03%
MSFT	C	6.62%	2.53%	2.53%
MSI	B	0.15%	0.06%	0.06%
MTB	C	0.06%	0.1%	0.06%
MTD	C	0.06%	0.04%	0.04%
MU	D	0.2%	0.35%	0.2%
NDAQ	C	0.06%	0.03%	0.03%
NDSN	C	0.03%	0.02%	0.02%
NEE	B	0.36%	0.29%	0.29%
NEM	C	0.13%	0.19%	0.13%
NFLX	B	0.61%	0.15%	0.15%
NKE	D	0.21%	0.18%	0.18%
NOC	B	0.16%	0.21%	0.16%
NOW	C	0.38%	0.01%	0.01%
NSC	C	0.12%	0.2%	0.12%
NTAP	D	0.05%	0.08%	0.05%
NTRS	C	0.04%	0.07%	0.04%
NUE	D	0.07%	0.18%	0.07%
NVDA	C	5.61%	0.37%	0.37%
NVR	B	0.06%	0.08%	0.06%
O	B	0.11%	0.04%	0.04%
ODFL	D	0.08%	0.05%	0.05%
OKE	C	0.11%	0.13%	0.11%
OMC	B	0.04%	0.08%	0.04%
ON	D	0.06%	0.04%	0.04%
ORCL	B	0.53%	0.49%	0.49%
ORLY	B	0.14%	0.1%	0.1%
OTIS	B	0.08%	0.05%	0.05%
OXY	F	0.08%	0.11%	0.08%
PANW	D	0.22%	0.03%	0.03%
PAYX	C	0.09%	0.06%	0.06%
PCAR	D	0.1%	0.13%	0.1%
PCG	C	0.09%	0.03%	0.03%
PEG	B	0.09%	0.11%	0.09%
PEP	D	0.5%	0.45%	0.45%
PFE	D	0.35%	0.76%	0.35%
PFG	B	0.04%	0.08%	0.04%
PG	C	0.86%	0.85%	0.85%
PGR	C	0.31%	0.26%	0.26%
PH	B	0.16%	0.12%	0.12%
PHM	B	0.06%	0.13%	0.06%
PLD	C	0.24%	0.08%	0.08%
PM	C	0.39%	0.51%	0.39%
PNC	C	0.15%	0.29%	0.15%
PPG	C	0.06%	0.08%	0.06%
PPL	A	0.05%	0.11%	0.05%
PRU	C	0.09%	0.23%	0.09%
PSA	C	0.12%	0.06%	0.06%
PSX	F	0.11%	0.36%	0.11%
PWR	B	0.08%	0.06%	0.06%
PYPL	B	0.16%	0.19%	0.16%
QCOM	D	0.39%	0.46%	0.39%
REGN	D	0.25%	0.16%	0.16%
RF	B	0.04%	0.08%	0.04%
RJF	C	0.05%	0.04%	0.04%
RMD	C	0.08%	0.04%	0.04%
ROK	D	0.06%	0.05%	0.05%
ROP	C	0.12%	0.05%	0.05%
ROST	C	0.1%	0.08%	0.08%
RS	D	0.03%	0.08%	0.03%
RSG	D	0.09%	0.07%	0.07%
RTX	B	0.33%	0.36%	0.33%
SBAC	C	0.05%	0.02%	0.02%
SBUX	C	0.23%	0.26%	0.23%
SCHW	D	0.2%	0.1%	0.1%
SHW	B	0.19%	0.09%	0.09%
SLB	F	0.12%	0.11%	0.11%
SNPS	F	0.16%	0.03%	0.03%
SO	B	0.2%	0.29%	0.2%
SPG	B	0.11%	0.11%	0.11%
SPGI	C	0.34%	0.15%	0.15%
SQ	D	0.08%	0.02%	0.02%
SRE	B	0.11%	0.12%	0.11%
SSNC	C	0.03%	0.04%	0.03%
STE	B	0.05%	0.03%	0.03%
STLD	C	0.04%	0.09%	0.04%
STT	B	0.05%	0.1%	0.05%
STX	B	0.04%	0.1%	0.04%
STZ	C	0.08%	0.07%	0.07%
SUI	C	0.04%	0.03%	0.03%
SW	B	0.05%	0.11%	0.05%
SWK	B	0.03%	0.08%	0.03%
SWKS	F	0.03%	0.05%	0.03%
SYF	C	0.04%	0.27%	0.04%
SYK	C	0.24%	0.13%	0.13%
SYY	C	0.08%	0.1%	0.08%
T	B	0.32%	1.39%	0.32%
TDG	B	0.16%	0.08%	0.08%
TDY	B	0.04%	0.02%	0.02%
TEL	D	0.09%	0.11%	0.09%
TER	C	0.04%	0.05%	0.04%
TFC	D	0.12%	0.22%	0.12%
TGT	C	0.15%	0.38%	0.15%
TJX	C	0.28%	0.24%	0.24%
TMO	B	0.49%	0.29%	0.29%
TMUS	B	0.2%	0.24%	0.2%
TRGP	C	0.07%	0.06%	0.06%
TRMB	C	0.03%	0.03%	0.03%
TROW	C	0.05%	0.11%	0.05%
TRU	B	0.04%	0.03%	0.03%
TRV	C	0.11%	0.31%	0.11%
TSCO	B	0.06%	0.06%	0.06%
TSLA	C	1.31%	0.18%	0.18%
TSN	D	0.04%	0.2%	0.04%
TT	B	0.18%	0.09%	0.09%
TTWO	D	0.05%	0.02%	0.02%
TXN	B	0.38%	0.34%	0.34%
UBER	C	0.31%	0.04%	0.04%
ULTA	D	0.04%	0.03%	0.03%
UNH	C	1.12%	1.23%	1.12%
UNP	D	0.32%	0.4%	0.32%
UPS	D	0.2%	0.25%	0.2%
URI	B	0.11%	0.13%	0.11%
USB	C	0.14%	0.3%	0.14%
V	C	0.95%	0.35%	0.35%
VICI	C	0.07%	0.02%	0.02%
VLO	F	0.09%	0.37%	0.09%
VMC	C	0.07%	0.04%	0.04%
VRSK	D	0.08%	0.04%	0.04%
VRSN	C	0.03%	0.01%	0.01%
VRTX	D	0.25%	0.08%	0.08%
VST	B	0.06%	0.12%	0.06%
VTR	C	0.05%	0.09%	0.05%
VTRS	D	0.03%	0.09%	0.03%
VZ	A	0.39%	1.33%	0.39%
WAB	B	0.06%	0.06%	0.06%
WAT	B	0.04%	0.04%	0.04%
WBD	D	0.04%	0.06%	0.04%
WDC	C	0.04%	0.13%	0.04%
WEC	B	0.06%	0.08%	0.06%
WELL	C	0.16%	0.11%	0.11%
WFC	D	0.4%	1.09%	0.4%
WLK	C	0.01%	0.02%	0.01%
WM	D	0.17%	0.15%	0.15%
WMB	C	0.11%	0.15%	0.11%
WMT	B	0.72%	1.5%	0.72%
WRB	D	0.04%	0.04%	0.04%
WSM	C	0.04%	0.06%	0.04%
WSO	C	0.03%	0.03%	0.03%
WST	D	0.05%	0.02%	0.02%
WTW	B	0.06%	0.07%	0.06%
WY	C	0.05%	0.09%	0.05%
XEL	B	0.07%	0.12%	0.07%
XOM	D	1.08%	1.91%	1.08%
XYL	C	0.07%	0.04%	0.04%
YUM	B	0.08%	0.08%	0.08%
ZBH	F	0.05%	0.05%	0.05%
ZBRA	B	0.04%	0.04%	0.04%
ZTS	B	0.19%	0.08%	0.08%

ONOF Overweight 69 Positions Relative to FNDX

Symbol	Grade	Weight
MELI	C	0.21%
PLTR	C	0.15%
CRWD	D	0.13%
WDAY	D	0.11%
ABNB	D	0.11%
FICO	B	0.1%
TTD	B	0.1%
SPOT	C	0.1%
DASH	B	0.09%
RCL	B	0.08%
MPWR	B	0.08%
FLUT	C	0.08%
COIN	F	0.07%
ALNY	C	0.07%
VEEV	C	0.07%
SNOW	F	0.07%
AXON	B	0.06%
DXCM	F	0.06%
ARES	B	0.06%
DDOG	D	0.06%
VRT	C	0.06%
CSGP	D	0.06%
SMCI	F	0.05%
RBLX	C	0.05%
NET	D	0.05%
APP	C	0.05%
VLTO	B	0.05%
TYL	C	0.05%
HUBS	D	0.05%
TEAM	D	0.05%
CPNG	B	0.05%
FDS	C	0.04%
UAL	B	0.04%
ZM	C	0.04%
DKNG	C	0.04%
PINS	D	0.04%
MDB	D	0.04%
PTC	C	0.04%
MSTR	C	0.04%
IBKR	B	0.03%
BMRN	F	0.03%
ERIE	B	0.03%
TW	B	0.03%
ROL	C	0.03%
LYV	A	0.03%
PSTG	F	0.03%
HEI	C	0.03%
ZS	F	0.03%
CVNA	B	0.03%
ENPH	D	0.03%
ENTG	D	0.03%
BSY	C	0.02%
TKO	A	0.02%
SCCO	C	0.02%
OWL	B	0.02%
IOT	C	0.02%
SNAP	D	0.02%
HEI	C	0.02%
RPRX	C	0.02%
HOOD	C	0.02%
OKTA	F	0.02%
INCY	C	0.02%
GFS	F	0.01%
WMG	D	0.01%
FOX	B	0.01%
CELH	F	0.01%
EDR	A	0.0%
AGR	C	0.0%
RKT	C	0.0%

ONOF Underweight 292 Positions Relative to FNDX

Symbol	Grade	Weight
LUMN	C	-0.58%
IP	C	-0.16%
WBA	F	-0.14%
NRG	B	-0.11%
ALLY	F	-0.1%
UHS	C	-0.1%
JLL	B	-0.09%
PARA	D	-0.09%
KEY	C	-0.09%
MHK	B	-0.08%
X	F	-0.08%
NXPI	D	-0.08%
THC	C	-0.08%
EMN	B	-0.08%
ARW	B	-0.08%
KSS	D	-0.07%
OGN	D	-0.07%
AES	C	-0.07%
WHR	C	-0.07%
KMX	D	-0.07%
FNF	B	-0.07%
DVA	B	-0.07%
PKG	B	-0.07%
CHRW	B	-0.07%
USFD	C	-0.07%
AVT	B	-0.07%
EME	B	-0.06%
MAS	B	-0.06%
OC	C	-0.06%
TOL	A	-0.06%
SJM	C	-0.06%
CMA	C	-0.06%
TXT	D	-0.06%
VFC	B	-0.06%
R	C	-0.06%
INGR	B	-0.05%
PNW	C	-0.05%
UGI	B	-0.05%
TDS	B	-0.05%
AFG	C	-0.05%
QRVO	F	-0.05%
NI	B	-0.05%
DKS	D	-0.05%
EQH	C	-0.05%
BWA	C	-0.05%
VNO	B	-0.05%
TAP	D	-0.05%
MUSA	D	-0.05%
GPI	B	-0.05%
ORI	B	-0.05%
KD	F	-0.05%
SFM	B	-0.05%
DINO	F	-0.05%
AA	C	-0.05%
UNM	B	-0.05%
DXC	D	-0.05%
MAN	C	-0.05%
AN	C	-0.05%
ZION	D	-0.05%
LKQ	F	-0.05%
PFGC	B	-0.05%
LEA	D	-0.05%
OMF	D	-0.05%
M	F	-0.05%
FLEX	B	-0.05%
LAD	B	-0.05%
CASY	D	-0.05%
LNC	C	-0.05%
MOS	F	-0.05%
JNPR	A	-0.05%
JEF	C	-0.05%
FL	F	-0.04%
DPZ	D	-0.04%
LPX	B	-0.04%
AMG	C	-0.04%
RPM	B	-0.04%
PNR	B	-0.04%
HAS	B	-0.04%
SLM	C	-0.04%
BAP	B	-0.04%
MTH	C	-0.04%
WU	C	-0.04%
AYI	B	-0.04%
CNO	C	-0.04%
THO	C	-0.04%
FYBR	C	-0.04%
IPG	C	-0.04%
GAP	F	-0.04%
TMHC	B	-0.04%
JXN	B	-0.04%
KNX	C	-0.04%
TPR	A	-0.04%
HST	D	-0.04%
CCK	B	-0.04%
BEN	F	-0.04%
PVH	D	-0.04%
EVR	B	-0.04%
NWSA	D	-0.04%
SOLV	D	-0.04%
HSIC	C	-0.04%
ZIM	B	-0.04%
BERY	B	-0.04%
ACM	B	-0.04%
RGA	C	-0.04%
ALSN	B	-0.04%
IVZ	B	-0.04%
FAF	B	-0.04%
SNA	B	-0.04%
OVV	F	-0.04%
HII	F	-0.04%
REG	C	-0.03%
SKX	C	-0.03%
LAMR	B	-0.03%
SNX	C	-0.03%
AOS	B	-0.03%
ITT	B	-0.03%
GNTX	D	-0.03%
UDR	C	-0.03%
AAP	F	-0.03%
CW	B	-0.03%
SCI	C	-0.03%
HOG	C	-0.03%
MTG	B	-0.03%
FLR	D	-0.03%
CIEN	B	-0.03%
EWBC	C	-0.03%
CG	C	-0.03%
SON	D	-0.03%
SAIC	C	-0.03%
CLF	F	-0.03%
BC	C	-0.03%
AER	C	-0.03%
SWN	C	-0.03%
FHN	D	-0.03%
JHG	B	-0.03%
BPOP	C	-0.03%
AIZ	B	-0.03%
AGCO	D	-0.03%
CMC	D	-0.03%
CRBG	C	-0.03%
VOYA	B	-0.03%
PBF	F	-0.03%
RRX	C	-0.03%
FMC	B	-0.03%
GT	F	-0.03%
NWL	C	-0.03%
CHKP	B	-0.03%
OLN	D	-0.03%
RL	B	-0.03%
MLI	B	-0.03%
SLG	C	-0.03%
APA	F	-0.03%
KIM	C	-0.03%
ARMK	B	-0.03%
MTZ	C	-0.03%
GNW	C	-0.03%
TPH	C	-0.03%
FFIV	B	-0.03%
OGE	B	-0.03%
BURL	C	-0.03%
RHI	D	-0.03%
NXST	D	-0.03%
GL	D	-0.03%
WCC	C	-0.03%
SANM	D	-0.03%
CCEP	C	-0.03%
KBH	C	-0.03%
CACI	B	-0.03%
HBI	A	-0.03%
GPK	C	-0.03%
CNH	C	-0.03%
HUN	C	-0.03%
UFPI	C	-0.03%
BCC	C	-0.03%
OSK	F	-0.03%
BLD	C	-0.02%
EPAM	F	-0.02%
DAN	D	-0.02%
LEG	D	-0.02%
UNFI	B	-0.02%
OI	D	-0.02%
ICLR	F	-0.02%
CNX	B	-0.02%
GXO	D	-0.02%
FTI	D	-0.02%
MIDD	C	-0.02%
CZR	C	-0.02%
BECN	F	-0.02%
SM	F	-0.02%
LECO	D	-0.02%
WERN	C	-0.02%
MKSI	F	-0.02%
XRAY	D	-0.02%
CHK	C	-0.02%
FLO	C	-0.02%
CC	D	-0.02%
DAR	F	-0.02%
PRGO	F	-0.02%
REZI	D	-0.02%
TKR	C	-0.02%
KBR	D	-0.02%
CAR	D	-0.02%
CYH	C	-0.02%
HUBG	C	-0.02%
ACI	F	-0.02%
TGNA	C	-0.02%
TTC	F	-0.02%
CRI	D	-0.02%
GNRC	D	-0.02%
PENN	D	-0.02%
AL	C	-0.02%
ALLE	B	-0.02%
JWN	C	-0.02%
ALB	D	-0.02%
POR	B	-0.02%
MUR	F	-0.02%
GGG	C	-0.02%
TPX	B	-0.02%
ASGN	D	-0.02%
UHAL	B	-0.02%
NFG	B	-0.02%
RUSHA	C	-0.02%
NVT	C	-0.02%
ASO	D	-0.02%
PAG	D	-0.02%
NAVI	D	-0.02%
GLPI	C	-0.02%
POOL	C	-0.02%
XRX	D	-0.02%
HRB	C	-0.02%
BTU	C	-0.02%
DCI	C	-0.02%
ST	D	-0.02%
WPC	C	-0.02%
QRTEA	F	-0.02%
AR	C	-0.02%
NOV	F	-0.02%
STWD	B	-0.02%
POST	B	-0.02%
TFX	B	-0.02%
ATR	B	-0.02%
BJ	D	-0.02%
AXTA	B	-0.02%
JKHY	B	-0.02%
ABG	D	-0.02%
CTLT	B	-0.02%
PK	D	-0.02%
PRI	B	-0.02%
SEIC	B	-0.02%
ABM	D	-0.02%
CPT	C	-0.02%
G	C	-0.02%
MPW	C	-0.02%
MDU	B	-0.02%
PII	D	-0.02%
ALV	F	-0.02%
EXP	B	-0.02%
EHC	B	-0.02%
BBWI	D	-0.02%
BRX	C	-0.02%
LSTR	D	-0.02%
SEE	C	-0.02%
CPRI	D	-0.02%
NSIT	C	-0.02%
THG	C	-0.02%
SNV	D	-0.02%
ALK	B	-0.01%
CNXC	F	-0.01%
HTZ	F	-0.01%
COHR	C	-0.01%
MATX	B	-0.01%
VSH	F	-0.01%
ANDE	D	-0.01%
DBX	C	-0.01%
CRL	F	-0.01%
MSM	D	-0.01%
ARCH	D	-0.01%
JAZZ	D	-0.01%
DK	F	-0.01%
WTRG	D	-0.01%
VAC	D	-0.01%
CHE	C	-0.01%
LW	D	-0.01%
AEO	D	-0.01%
MMS	B	-0.01%
TNL	C	-0.01%
ADNT	D	-0.01%
MTN	D	-0.01%
LILAK	D	-0.01%
SPTN	C	-0.01%
ODP	F	-0.01%
AAL	D	-0.0%