VLU vs. ONEQ ETF Comparison

Comparison of SPDR S&P 1500 Value Tilt ETF (VLU) to Fidelity Nasdaq Composite Index Tracking Stock (ONEQ)

VLU

SPDR S&P 1500 Value Tilt ETF

VLU Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Low Valuation Tilt Index (the "index"). The fund employs a sampling strategy in seeking to track the index. It generally invests substantially all, but at least 80%, of its total assets in the securities. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively low valuations are overweight relative to the S&P Composite 1500 Index and stocks with relatively high valuations are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$183.15

Average Daily Volume

7,131

Number of Holdings ^*

1420

* may have additional holdings in another (foreign) market

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

$72.20

Average Daily Volume

215,245

Number of Holdings ^*

846

* may have additional holdings in another (foreign) market

Performance

Period	VLU	ONEQ
30 Days	-0.14%	1.08%
60 Days	0.85%	2.24%
90 Days	6.05%	7.95%
12 Months	32.07%	39.63%

468 Overlapping Holdings

Symbol	Grade	Weight in VLU	Weight in ONEQ	Overlap
AAL	A	0.07%	0.03%	0.03%
AAON	A	0.0%	0.03%	0.0%
AAPL	C	2.52%	11.88%	2.52%
ABNB	C	0.06%	0.19%	0.06%
ACGL	D	0.13%	0.14%	0.13%
ACHC	F	0.01%	0.02%	0.01%
ACIW	D	0.01%	0.02%	0.01%
ACLS	F	0.0%	0.01%	0.0%
ADBE	F	0.16%	0.73%	0.16%
ADI	C	0.14%	0.38%	0.14%
ADP	A	0.09%	0.4%	0.09%
ADSK	B	0.03%	0.21%	0.03%
ADUS	D	0.0%	0.01%	0.0%
AEIS	A	0.01%	0.02%	0.01%
AEP	D	0.17%	0.18%	0.17%
AGYS	C	0.0%	0.01%	0.0%
AHCO	D	0.01%	0.01%	0.01%
AKAM	C	0.03%	0.05%	0.03%
ALGM	F	0.01%	0.02%	0.01%
ALGN	F	0.02%	0.05%	0.02%
ALKS	F	0.01%	0.02%	0.01%
ALRM	F	0.0%	0.01%	0.0%
AMAT	F	0.11%	0.51%	0.11%
AMD	F	0.14%	0.84%	0.14%
AMED	D	0.01%	0.01%	0.01%
AMGN	C	0.26%	0.57%	0.26%
AMKR	F	0.03%	0.02%	0.02%
AMPH	B	0.0%	0.01%	0.0%
AMSF	A	0.0%	0.01%	0.0%
AMWD	D	0.01%	0.01%	0.01%
AMZN	B	1.9%	6.58%	1.9%
ANDE	F	0.01%	0.01%	0.01%
ANSS	C	0.02%	0.09%	0.02%
AOSL	D	0.0%	0.01%	0.0%
APA	F	0.04%	0.03%	0.03%
APOG	B	0.01%	0.01%	0.01%
ARCB	D	0.01%	0.01%	0.01%
ARWR	F	0.0%	0.01%	0.0%
ASO	F	0.01%	0.02%	0.01%
ASTE	C	0.0%	0.01%	0.0%
ASTH	C	0.0%	0.01%	0.0%
AVAV	B	0.01%	0.02%	0.01%
AVGO	B	0.45%	2.73%	0.45%
AVT	B	0.04%	0.01%	0.01%
AXON	B	0.01%	0.11%	0.01%
AZTA	F	0.0%	0.01%	0.0%
BANF	B	0.02%	0.02%	0.02%
BANR	B	0.02%	0.01%	0.01%
BCPC	D	0.01%	0.02%	0.01%
BGC	C	0.01%	0.02%	0.01%
BHF	B	0.03%	0.01%	0.01%
BIIB	F	0.08%	0.09%	0.08%
BKNG	A	0.11%	0.48%	0.11%
BKR	A	0.11%	0.12%	0.11%
BLKB	D	0.0%	0.02%	0.0%
BLMN	D	0.01%	0.01%	0.01%
BRKR	F	0.01%	0.03%	0.01%
CAKE	A	0.01%	0.01%	0.01%
CALM	B	0.03%	0.02%	0.02%
CAR	C	0.01%	0.01%	0.01%
CARG	B	0.01%	0.01%	0.01%
CASH	B	0.01%	0.01%	0.01%
CASY	A	0.03%	0.05%	0.03%
CATY	A	0.03%	0.01%	0.01%
CBRL	C	0.01%	0.01%	0.01%
CBSH	A	0.02%	0.03%	0.02%
CCOI	B	0.01%	0.02%	0.01%
CDNS	C	0.02%	0.23%	0.02%
CDW	F	0.04%	0.1%	0.04%
CEG	B	0.05%	0.28%	0.05%
CELH	F	0.0%	0.02%	0.0%
CENTA	F	0.01%	0.01%	0.01%
CENX	A	0.0%	0.01%	0.0%
CEVA	C	0.0%	0.01%	0.0%
CG	B	0.02%	0.06%	0.02%
CGNX	B	0.01%	0.02%	0.01%
CHCO	B	0.01%	0.01%	0.01%
CHDN	A	0.01%	0.03%	0.01%
CHEF	D	0.01%	0.01%	0.01%
CHRD	F	0.07%	0.03%	0.03%
CHRW	C	0.06%	0.04%	0.04%
CHTR	D	0.29%	0.16%	0.16%
CHX	F	0.01%	0.02%	0.01%
CINF	B	0.07%	0.07%	0.07%
CMCSA	A	0.62%	0.54%	0.54%
CME	A	0.11%	0.28%	0.11%
CNSL	A	0.0%	0.01%	0.0%
CNXC	F	0.02%	0.01%	0.01%
CNXN	F	0.01%	0.01%	0.01%
COHU	D	0.0%	0.01%	0.0%
COKE	D	0.03%	0.04%	0.03%
COLB	A	0.05%	0.02%	0.02%
COLL	F	0.0%	0.01%	0.0%
COLM	C	0.01%	0.02%	0.01%
COOP	D	0.05%	0.02%	0.02%
CORT	A	0.01%	0.02%	0.01%
COST	D	0.29%	1.34%	0.29%
CPB	D	0.05%	0.05%	0.05%
CPRT	D	0.03%	0.16%	0.03%
CPRX	A	0.0%	0.01%	0.0%
CROX	F	0.02%	0.03%	0.02%
CRUS	F	0.01%	0.02%	0.01%
CRVL	D	0.0%	0.02%	0.0%
CSCO	B	0.51%	0.76%	0.51%
CSGP	F	0.02%	0.1%	0.02%
CSGS	C	0.0%	0.01%	0.0%
CSX	D	0.1%	0.21%	0.1%
CTAS	B	0.04%	0.27%	0.04%
CTSH	D	0.11%	0.13%	0.11%
CVBF	A	0.01%	0.01%	0.01%
CVCO	D	0.01%	0.01%	0.01%
CVLT	B	0.0%	0.02%	0.0%
CYTK	F	0.0%	0.02%	0.0%
CZR	C	0.03%	0.03%	0.03%
DBX	B	0.01%	0.02%	0.01%
DCOM	B	0.01%	0.01%	0.01%
DGII	B	0.0%	0.01%	0.0%
DIOD	F	0.01%	0.01%	0.01%
DLTR	F	0.04%	0.05%	0.04%
DORM	B	0.01%	0.01%	0.01%
DVAX	A	0.0%	0.01%	0.0%
DXCM	C	0.01%	0.1%	0.01%
EA	A	0.04%	0.13%	0.04%
EBAY	D	0.09%	0.11%	0.09%
ECPG	F	0.01%	0.01%	0.01%
EEFT	F	0.01%	0.02%	0.01%
EMBC	D	0.0%	0.01%	0.0%
ENPH	F	0.01%	0.04%	0.01%
ENSG	A	0.01%	0.02%	0.01%
EQIX	A	0.07%	0.28%	0.07%
ERIE	D	0.02%	0.08%	0.02%
ETSY	D	0.01%	0.02%	0.01%
EVRG	C	0.07%	0.04%	0.04%
EWBC	A	0.05%	0.04%	0.04%
EXC	C	0.21%	0.13%	0.13%
EXEL	A	0.01%	0.03%	0.01%
EXLS	A	0.01%	0.02%	0.01%
EXPE	B	0.04%	0.06%	0.04%
EXPI	B	0.01%	0.01%	0.01%
EXPO	D	0.0%	0.02%	0.0%
EXTR	B	0.0%	0.01%	0.0%
EYE	D	0.0%	0.01%	0.0%
FANG	F	0.11%	0.18%	0.11%
FAST	A	0.04%	0.15%	0.04%
FBNC	C	0.0%	0.01%	0.0%
FELE	D	0.01%	0.02%	0.01%
FFBC	A	0.02%	0.01%	0.01%
FFIN	C	0.01%	0.02%	0.01%
FFIV	A	0.02%	0.04%	0.02%
FHB	A	0.02%	0.01%	0.01%
FITB	B	0.11%	0.09%	0.09%
FIVE	C	0.0%	0.02%	0.0%
FIZZ	D	0.01%	0.02%	0.01%
FLGT	C	0.0%	0.01%	0.0%
FORM	F	0.01%	0.01%	0.01%
FOX	A	0.04%	0.03%	0.03%
FOXA	A	0.08%	0.03%	0.03%
FSLR	F	0.03%	0.07%	0.03%
FTDR	B	0.01%	0.01%	0.01%
FTNT	B	0.04%	0.21%	0.04%
FTRE	F	0.0%	0.01%	0.0%
FULT	B	0.01%	0.01%	0.01%
FWRD	C	0.01%	0.01%	0.01%
FYBR	B	0.04%	0.03%	0.03%
GDEN	F	0.0%	0.01%	0.0%
GEHC	D	0.03%	0.14%	0.03%
GEN	A	0.05%	0.05%	0.05%
GIII	B	0.01%	0.01%	0.01%
GILD	A	0.35%	0.36%	0.35%
GLPI	D	0.04%	0.04%	0.04%
GNTX	C	0.01%	0.02%	0.01%
GOOG	A	1.12%	3.12%	1.12%
GOOGL	A	0.7%	3.24%	0.7%
GT	D	0.02%	0.01%	0.01%
HAFC	A	0.01%	0.01%	0.01%
HAIN	A	0.01%	0.01%	0.01%
HALO	D	0.01%	0.02%	0.01%
HAS	D	0.03%	0.04%	0.03%
HBAN	A	0.11%	0.07%	0.07%
HLIT	F	0.0%	0.01%	0.0%
HOLX	C	0.02%	0.06%	0.02%
HON	C	0.22%	0.48%	0.22%
HOPE	C	0.01%	0.01%	0.01%
HQY	B	0.01%	0.03%	0.01%
HRMY	F	0.0%	0.01%	0.0%
HSIC	D	0.03%	0.03%	0.03%
HST	D	0.04%	0.04%	0.04%
HTLD	F	0.0%	0.01%	0.0%
HTZ	F	0.0%	0.01%	0.0%
HUBG	D	0.01%	0.01%	0.01%
HWC	A	0.03%	0.02%	0.02%
HWKN	D	0.01%	0.01%	0.01%
IBKR	A	0.05%	0.06%	0.05%
IBOC	B	0.02%	0.02%	0.02%
IBTX	A	0.02%	0.01%	0.01%
ICHR	F	0.0%	0.01%	0.0%
ICUI	C	0.01%	0.02%	0.01%
IDCC	A	0.01%	0.01%	0.01%
IDXX	F	0.02%	0.13%	0.02%
ILMN	B	0.03%	0.08%	0.03%
INCY	A	0.02%	0.04%	0.02%
INDB	A	0.01%	0.01%	0.01%
INTC	D	0.3%	0.32%	0.3%
INTU	D	0.05%	0.57%	0.05%
INVA	B	0.01%	0.01%	0.01%
IOSP	F	0.01%	0.01%	0.01%
IPAR	F	0.0%	0.02%	0.0%
IRDM	B	0.0%	0.01%	0.0%
ISRG	B	0.1%	0.61%	0.1%
ITRI	A	0.01%	0.02%	0.01%
JACK	C	0.0%	0.01%	0.0%
JAZZ	D	0.02%	0.02%	0.02%
JBHT	A	0.03%	0.06%	0.03%
JBLU	D	0.02%	0.01%	0.01%
JBSS	F	0.0%	0.01%	0.0%
JJSF	D	0.01%	0.01%	0.01%
JKHY	B	0.01%	0.04%	0.01%
KALU	B	0.01%	0.01%	0.01%
KDP	F	0.13%	0.17%	0.13%
KELYA	D	0.01%	0.01%	0.01%
KHC	D	0.28%	0.14%	0.14%
KLAC	F	0.05%	0.3%	0.05%
KLIC	B	0.01%	0.01%	0.01%
LAMR	B	0.03%	0.04%	0.03%
LANC	D	0.01%	0.02%	0.01%
LECO	C	0.01%	0.03%	0.01%
LFUS	D	0.01%	0.02%	0.01%
LGIH	F	0.01%	0.01%	0.01%
LGND	B	0.01%	0.01%	0.01%
LIN	C	0.2%	0.75%	0.2%
LITE	B	0.01%	0.02%	0.01%
LIVN	C	0.0%	0.01%	0.0%
LKFN	B	0.0%	0.01%	0.0%
LKQ	F	0.03%	0.03%	0.03%
LNT	B	0.04%	0.05%	0.04%
LNTH	B	0.01%	0.03%	0.01%
LNW	F	0.02%	0.03%	0.02%
LOPE	D	0.01%	0.01%	0.01%
LRCX	F	0.07%	0.32%	0.07%
LSCC	C	0.0%	0.03%	0.0%
LSTR	D	0.01%	0.02%	0.01%
LULU	C	0.03%	0.12%	0.03%
MANH	C	0.0%	0.06%	0.0%
MAR	A	0.09%	0.24%	0.09%
MASI	A	0.01%	0.03%	0.01%
MAT	A	0.01%	0.02%	0.01%
MATW	D	0.0%	0.01%	0.0%
MCHP	F	0.05%	0.13%	0.05%
MCRI	A	0.0%	0.01%	0.0%
MDLZ	D	0.2%	0.32%	0.2%
MEDP	F	0.01%	0.03%	0.01%
META	B	1.75%	4.16%	1.75%
MGEE	B	0.01%	0.01%	0.01%
MGPI	F	0.0%	0.01%	0.0%
MIDD	D	0.02%	0.02%	0.02%
MKSI	F	0.01%	0.02%	0.01%
MKTX	A	0.01%	0.04%	0.01%
MLKN	F	0.02%	0.01%	0.01%
MMSI	B	0.01%	0.02%	0.01%
MNST	C	0.06%	0.18%	0.06%
MORN	B	0.01%	0.05%	0.01%
MPWR	F	0.01%	0.14%	0.01%
MRCY	D	0.01%	0.01%	0.01%
MRNA	F	0.02%	0.07%	0.02%
MRTN	F	0.0%	0.01%	0.0%
MSEX	D	0.0%	0.01%	0.0%
MSFT	D	1.47%	10.71%	1.47%
MTCH	C	0.02%	0.04%	0.02%
MTSI	B	0.01%	0.03%	0.01%
MU	C	0.14%	0.39%	0.14%
MYGN	F	0.0%	0.01%	0.0%
MYRG	B	0.01%	0.01%	0.01%
NARI	A	0.0%	0.01%	0.0%
NAVI	F	0.01%	0.01%	0.01%
NBIX	D	0.01%	0.04%	0.01%
NBTB	D	0.01%	0.01%	0.01%
NDAQ	B	0.07%	0.14%	0.07%
NDSN	D	0.02%	0.05%	0.02%
NEO	D	0.0%	0.01%	0.0%
NEOG	D	0.0%	0.01%	0.0%
NFLX	A	0.18%	1.09%	0.18%
NMIH	D	0.01%	0.01%	0.01%
NOVT	D	0.01%	0.02%	0.01%
NSIT	F	0.02%	0.02%	0.02%
NTAP	D	0.04%	0.08%	0.04%
NTCT	B	0.0%	0.01%	0.0%
NTRS	A	0.08%	0.07%	0.07%
NVDA	B	0.36%	11.58%	0.36%
NVEE	D	0.0%	0.01%	0.0%
NWBI	D	0.01%	0.01%	0.01%
NWE	D	0.02%	0.01%	0.01%
NWL	A	0.03%	0.01%	0.01%
NWS	A	0.01%	0.01%	0.01%
NWSA	B	0.03%	0.03%	0.03%
NXPI	D	0.08%	0.2%	0.08%
NXST	A	0.03%	0.02%	0.02%
ODFL	A	0.03%	0.14%	0.03%
ODP	C	0.01%	0.01%	0.01%
OLED	D	0.01%	0.03%	0.01%
OLLI	C	0.01%	0.02%	0.01%
OMCL	B	0.01%	0.01%	0.01%
ON	D	0.04%	0.1%	0.04%
ONB	A	0.03%	0.02%	0.02%
OPCH	F	0.01%	0.02%	0.01%
ORLY	C	0.08%	0.24%	0.08%
OSIS	F	0.01%	0.01%	0.01%
OTTR	D	0.01%	0.01%	0.01%
OZK	B	0.04%	0.01%	0.01%
PANW	B	0.07%	0.39%	0.07%
PARA	C	0.05%	0.03%	0.03%
PATK	D	0.01%	0.01%	0.01%
PAYO	A	0.0%	0.01%	0.0%
PAYX	B	0.06%	0.17%	0.06%
PCAR	C	0.12%	0.18%	0.12%
PCH	F	0.01%	0.01%	0.01%
PCTY	A	0.01%	0.03%	0.01%
PDCO	F	0.02%	0.01%	0.01%
PECO	B	0.01%	0.02%	0.01%
PENN	A	0.02%	0.01%	0.01%
PEP	D	0.37%	0.79%	0.37%
PFBC	A	0.0%	0.01%	0.0%
PFG	C	0.17%	0.07%	0.07%
PGNY	F	0.0%	0.01%	0.0%
PINC	A	0.01%	0.01%	0.01%
PLAB	F	0.01%	0.01%	0.01%
PLAY	C	0.0%	0.01%	0.0%
PLMR	D	0.0%	0.01%	0.0%
PLUS	C	0.01%	0.01%	0.01%
PLXS	A	0.01%	0.02%	0.01%
PNFP	A	0.02%	0.02%	0.02%
PODD	B	0.01%	0.06%	0.01%
POOL	C	0.01%	0.04%	0.01%
POWI	D	0.0%	0.01%	0.0%
POWL	B	0.01%	0.01%	0.01%
PPBI	B	0.01%	0.01%	0.01%
PPC	A	0.02%	0.04%	0.02%
PRDO	B	0.0%	0.01%	0.0%
PRGS	B	0.0%	0.01%	0.0%
PRVA	D	0.0%	0.01%	0.0%
PSMT	D	0.01%	0.01%	0.01%
PTC	A	0.02%	0.07%	0.02%
PTEN	F	0.01%	0.01%	0.01%
PYPL	B	0.18%	0.28%	0.18%
QCOM	D	0.23%	0.63%	0.23%
QLYS	F	0.0%	0.02%	0.0%
QNST	A	0.0%	0.01%	0.0%
QRVO	F	0.02%	0.04%	0.02%
RCM	A	0.01%	0.02%	0.01%
RDNT	C	0.01%	0.02%	0.01%
REG	C	0.04%	0.04%	0.04%
REGN	F	0.13%	0.34%	0.13%
RGEN	F	0.01%	0.03%	0.01%
RGLD	B	0.02%	0.04%	0.02%
RMBS	C	0.0%	0.02%	0.0%
ROCK	D	0.0%	0.01%	0.0%
ROIC	C	0.01%	0.01%	0.01%
ROIV	D	0.04%	0.03%	0.03%
ROP	D	0.05%	0.19%	0.05%
ROST	F	0.06%	0.16%	0.06%
RUN	D	0.01%	0.01%	0.01%
RUSHA	A	0.02%	0.02%	0.02%
SABR	C	0.01%	0.01%	0.01%
SAFT	D	0.01%	0.01%	0.01%
SAIA	A	0.01%	0.04%	0.01%
SAIC	B	0.02%	0.03%	0.02%
SANM	A	0.03%	0.02%	0.02%
SATS	B	0.03%	0.01%	0.01%
SBAC	C	0.02%	0.09%	0.02%
SBCF	C	0.01%	0.01%	0.01%
SBRA	A	0.02%	0.02%	0.02%
SBUX	A	0.14%	0.37%	0.14%
SCSC	F	0.01%	0.01%	0.01%
SCVL	F	0.01%	0.01%	0.01%
SEDG	F	0.0%	0.01%	0.0%
SEIC	A	0.02%	0.03%	0.02%
SFM	A	0.03%	0.04%	0.03%
SFNC	B	0.03%	0.01%	0.01%
SHC	C	0.01%	0.02%	0.01%
SHOO	D	0.01%	0.01%	0.01%
SIGI	D	0.02%	0.02%	0.02%
SITM	B	0.0%	0.02%	0.0%
SKYW	A	0.02%	0.01%	0.01%
SLAB	F	0.0%	0.02%	0.0%
SLM	B	0.02%	0.02%	0.02%
SMCI	F	0.01%	0.09%	0.01%
SMPL	C	0.01%	0.01%	0.01%
SMTC	B	0.0%	0.01%	0.0%
SNEX	A	0.02%	0.01%	0.01%
SNPS	B	0.04%	0.25%	0.04%
SPSC	F	0.0%	0.03%	0.0%
SRCL	A	0.01%	0.02%	0.01%
SRCL	A	0.01%	0.01%	0.01%
STAA	F	0.0%	0.01%	0.0%
STBA	D	0.01%	0.01%	0.01%
STLD	B	0.07%	0.07%	0.07%
STRA	F	0.01%	0.01%	0.01%
STX	C	0.05%	0.07%	0.05%
SUPN	B	0.0%	0.01%	0.0%
SVC	F	0.01%	0.01%	0.01%
SWKS	F	0.04%	0.05%	0.04%
SYNA	F	0.01%	0.01%	0.01%
TBBK	C	0.01%	0.02%	0.01%
TCBI	B	0.02%	0.02%	0.02%
TECH	B	0.0%	0.04%	0.0%
TER	F	0.02%	0.07%	0.02%
TFIN	B	0.0%	0.01%	0.0%
THRM	D	0.0%	0.01%	0.0%
TMUS	B	0.42%	0.85%	0.42%
TNDM	F	0.0%	0.01%	0.0%
TRMB	B	0.02%	0.05%	0.02%
TRMK	A	0.01%	0.01%	0.01%
TROW	C	0.07%	0.08%	0.07%
TRUP	A	0.0%	0.01%	0.0%
TSCO	D	0.04%	0.11%	0.04%
TSLA	A	0.42%	2.32%	0.42%
TTEK	B	0.02%	0.05%	0.02%
TTGT	C	0.0%	0.01%	0.0%
TTMI	A	0.01%	0.01%	0.01%
TTWO	A	0.02%	0.1%	0.02%
TXN	B	0.24%	0.61%	0.24%
TXRH	A	0.02%	0.04%	0.02%
UAL	A	0.21%	0.08%	0.08%
UBSI	A	0.02%	0.02%	0.02%
UCTT	F	0.01%	0.01%	0.01%
UFPI	C	0.02%	0.02%	0.02%
UFPT	D	0.0%	0.01%	0.0%
ULTA	F	0.03%	0.06%	0.03%
UMBF	A	0.02%	0.02%	0.02%
UNIT	C	0.01%	0.01%	0.01%
UPBD	D	0.01%	0.01%	0.01%
URBN	F	0.02%	0.01%	0.01%
UTHR	A	0.04%	0.05%	0.04%
VBTX	B	0.01%	0.01%	0.01%
VC	F	0.01%	0.01%	0.01%
VCEL	D	0.0%	0.01%	0.0%
VECO	F	0.0%	0.01%	0.0%
VIAV	B	0.0%	0.01%	0.0%
VICR	B	0.0%	0.02%	0.0%
VIR	F	0.01%	0.01%	0.01%
VLY	A	0.04%	0.02%	0.02%
VRRM	D	0.0%	0.02%	0.0%
VRSK	B	0.01%	0.13%	0.01%
VRSN	F	0.02%	0.06%	0.02%
VRTX	A	0.11%	0.41%	0.11%
VTRS	C	0.12%	0.05%	0.05%
WABC	B	0.0%	0.01%	0.0%
WAFD	D	0.03%	0.01%	0.01%
WBA	C	0.06%	0.02%	0.02%
WBD	C	0.14%	0.06%	0.06%
WDC	D	0.05%	0.07%	0.05%
WDFC	B	0.0%	0.01%	0.0%
WEN	B	0.01%	0.01%	0.01%
WERN	D	0.01%	0.01%	0.01%
WFRD	F	0.02%	0.02%	0.02%
WING	F	0.0%	0.04%	0.0%
WSFS	D	0.01%	0.01%	0.01%
WTFC	A	0.02%	0.03%	0.02%
WTW	A	0.06%	0.1%	0.06%
WWD	D	0.02%	0.03%	0.02%
WYNN	B	0.02%	0.03%	0.02%
XEL	A	0.14%	0.12%	0.12%
XNCR	B	0.0%	0.01%	0.0%
XPEL	F	0.0%	0.01%	0.0%
XRAY	F	0.01%	0.02%	0.01%
XRX	F	0.01%	0.01%	0.01%
ZBRA	A	0.02%	0.06%	0.02%
ZD	F	0.01%	0.01%	0.01%
ZION	A	0.07%	0.02%	0.02%

VLU Overweight 953 Positions Relative to ONEQ

Symbol	Grade	Weight
BRK.A	D	2.43%
XOM	C	2.05%
WMT	A	1.84%
VZ	D	1.58%
BAC	B	1.45%
JPM	A	1.43%
T	A	1.42%
CVX	C	1.3%
UNH	D	1.13%
WFC	A	1.12%
C	A	1.06%
JNJ	D	0.86%
PFE	D	0.83%
CVS	F	0.63%
PM	A	0.59%
MS	B	0.57%
COF	A	0.52%
HD	B	0.52%
GM	B	0.52%
GS	B	0.52%
TFC	B	0.51%
PG	D	0.5%
RTX	C	0.49%
IBM	C	0.48%
PSX	F	0.47%
MPC	F	0.45%
ORCL	B	0.43%
ABBV	A	0.43%
MET	C	0.43%
V	A	0.42%
KMI	A	0.42%
KO	D	0.41%
NEE	D	0.39%
COP	C	0.39%
PRU	B	0.39%
F	D	0.38%
PNC	A	0.38%
USB	B	0.38%
UPS	C	0.37%
VLO	F	0.37%
DUK	C	0.36%
COR	D	0.36%
LMT	D	0.35%
CB	C	0.35%
MRK	F	0.34%
KR	B	0.34%
CI	F	0.34%
MDT	B	0.34%
AXP	B	0.34%
BMY	A	0.34%
MO	A	0.33%
ACN	C	0.33%
SO	B	0.33%
MCK	F	0.33%
HPQ	C	0.31%
DAL	A	0.31%
ELV	F	0.31%
BK	B	0.29%
CNC	F	0.28%
GE	C	0.28%
DIS	B	0.27%
MMM	D	0.27%
D	B	0.26%
CRM	B	0.25%
CAT	B	0.25%
AIG	B	0.25%
ABT	C	0.25%
ADM	F	0.24%
LOW	B	0.24%
CAH	D	0.24%
SCHW	B	0.24%
GD	C	0.23%
DE	B	0.23%
EOG	D	0.23%
UNP	D	0.23%
LLY	D	0.23%
FDX	C	0.23%
AFL	C	0.22%
HPE	B	0.22%
TGT	F	0.22%
HCA	D	0.22%
KVUE	A	0.22%
LYB	F	0.2%
SW	C	0.2%
TRV	B	0.19%
NEM	D	0.19%
SYF	B	0.19%
OXY	F	0.18%
SRE	B	0.18%
PGR	D	0.18%
DD	D	0.18%
WMB	A	0.18%
DOW	F	0.18%
CCL	A	0.18%
TMO	F	0.17%
APD	B	0.16%
NOC	D	0.16%
MCD	C	0.16%
HUM	F	0.16%
LUV	A	0.16%
TJX	D	0.16%
ALL	C	0.16%
BBY	D	0.16%
MTB	B	0.16%
CFG	A	0.16%
TSN	D	0.15%
IP	A	0.15%
AMT	D	0.15%
JCI	B	0.15%
ETR	A	0.15%
FI	B	0.15%
MA	B	0.14%
LEN	D	0.14%
HIG	C	0.14%
EMR	B	0.14%
DFS	B	0.14%
STT	A	0.14%
KEY	B	0.14%
ED	C	0.14%
BA	F	0.14%
PEG	B	0.14%
PLD	F	0.14%
OKE	A	0.13%
PCG	B	0.13%
NKE	F	0.13%
DVN	F	0.13%
CMI	B	0.13%
L	C	0.13%
BX	B	0.13%
SLB	F	0.13%
AMP	B	0.12%
ICE	C	0.12%
SYY	D	0.12%
DHI	D	0.12%
MMC	D	0.12%
ETN	B	0.12%
WELL	A	0.12%
DHR	F	0.12%
RGA	D	0.12%
NSC	B	0.12%
SPGI	D	0.12%
O	C	0.12%
EIX	D	0.11%
CCI	D	0.11%
EQT	B	0.11%
RF	A	0.11%
PFGC	B	0.11%
NUE	F	0.11%
GIS	D	0.11%
FIS	A	0.11%
BSX	B	0.11%
BG	F	0.11%
UNM	A	0.1%
WM	A	0.1%
VICI	D	0.1%
VST	B	0.1%
CL	D	0.1%
WEC	B	0.1%
LHX	A	0.1%
DTE	C	0.1%
KMB	D	0.1%
GLW	A	0.1%
TAP	D	0.09%
CARR	D	0.09%
SYK	C	0.09%
VTR	A	0.09%
PH	A	0.09%
RSG	D	0.09%
FCX	D	0.09%
AEE	B	0.09%
BDX	D	0.09%
ITW	A	0.09%
CTVA	A	0.09%
OVV	F	0.09%
PPL	A	0.09%
ES	D	0.09%
UBER	C	0.09%
RCL	A	0.08%
ANET	B	0.08%
MOS	B	0.08%
CNP	B	0.08%
USFD	A	0.08%
X	C	0.08%
MRO	B	0.08%
FNF	B	0.08%
HRL	F	0.08%
TRGP	A	0.08%
TT	C	0.08%
SNX	C	0.08%
LAD	A	0.08%
CBRE	A	0.08%
ALLY	D	0.08%
K	A	0.08%
EQR	D	0.08%
AFG	D	0.08%
EG	F	0.08%
JXN	A	0.07%
DVA	D	0.07%
WY	F	0.07%
AZO	C	0.07%
BWA	C	0.07%
IVZ	B	0.07%
ATO	B	0.07%
AON	A	0.07%
PSA	D	0.07%
MHK	D	0.07%
HAL	F	0.07%
CAG	D	0.07%
CMA	A	0.07%
FE	D	0.07%
EQH	A	0.07%
LVS	B	0.07%
AVB	C	0.07%
URI	B	0.07%
RJF	A	0.06%
STWD	C	0.06%
AJG	D	0.06%
RNR	C	0.06%
GPN	D	0.06%
ARE	F	0.06%
R	A	0.06%
CTRA	B	0.06%
LUMN	B	0.06%
HSY	F	0.06%
HES	D	0.06%
NOW	B	0.06%
BAX	F	0.06%
IFF	D	0.06%
AWK	D	0.06%
VNO	B	0.06%
SWK	D	0.06%
NI	A	0.06%
SHW	D	0.06%
CMS	C	0.06%
AMCR	B	0.06%
THC	C	0.06%
CF	D	0.06%
APTV	F	0.06%
APH	B	0.06%
SPG	B	0.06%
DINO	F	0.06%
ARW	D	0.06%
NVR	D	0.06%
PHM	D	0.06%
BXP	B	0.06%
OMC	B	0.06%
PPG	F	0.06%
UGI	C	0.05%
PKG	A	0.05%
JHG	A	0.05%
OC	B	0.05%
EXR	D	0.05%
RS	C	0.05%
GPC	F	0.05%
AES	F	0.05%
MGM	D	0.05%
ZBH	D	0.05%
JLL	A	0.05%
ECL	C	0.05%
CNX	B	0.05%
IRM	B	0.05%
WHR	B	0.05%
EMN	C	0.05%
SJM	F	0.05%
LNC	A	0.05%
ZTS	D	0.05%
FHN	A	0.05%
TOL	C	0.05%
BLDR	F	0.05%
WPC	F	0.05%
LDOS	A	0.05%
VFC	A	0.05%
ALK	A	0.05%
STZ	F	0.05%
ARMK	B	0.05%
DG	F	0.05%
PNW	D	0.05%
IQV	F	0.05%
WRB	C	0.05%
LEA	F	0.05%
DOC	B	0.05%
BEN	B	0.05%
NRG	A	0.05%
GRMN	B	0.05%
GWW	A	0.05%
LH	A	0.05%
UHS	D	0.05%
DGX	A	0.05%
JEF	B	0.05%
BRO	B	0.04%
MOH	D	0.04%
WU	F	0.04%
CACI	A	0.04%
KIM	B	0.04%
SNA	A	0.04%
GL	C	0.04%
OGS	C	0.04%
HIW	B	0.04%
WSO	D	0.04%
SNV	A	0.04%
BKH	C	0.04%
TMHC	B	0.04%
J	D	0.04%
CCK	B	0.04%
WBS	B	0.04%
AN	F	0.04%
M	C	0.04%
CPT	D	0.04%
OTIS	C	0.04%
HWM	B	0.04%
EXPD	D	0.04%
IPG	F	0.04%
TXT	F	0.04%
WLK	F	0.04%
ROK	C	0.04%
OGN	D	0.04%
AR	F	0.04%
AIZ	D	0.04%
EW	D	0.04%
WCC	A	0.04%
DLR	A	0.04%
PWR	B	0.04%
OHI	A	0.04%
AA	B	0.04%
AL	C	0.04%
BERY	A	0.04%
GPI	C	0.04%
GAP	D	0.04%
CIVI	F	0.04%
MAA	D	0.04%
ABG	D	0.04%
MUR	F	0.04%
LYV	A	0.04%
TKO	D	0.04%
MCO	D	0.04%
KRC	B	0.04%
ALB	C	0.04%
CPAY	B	0.04%
VOYA	B	0.04%
MKC	D	0.04%
INVH	F	0.04%
ESS	D	0.04%
ORI	C	0.04%
KMX	F	0.04%
WAB	A	0.04%
MSI	C	0.04%
CMG	D	0.04%
EL	F	0.04%
DRI	C	0.04%
BALL	F	0.04%
CE	F	0.04%
JBL	B	0.04%
ABR	B	0.03%
BURL	D	0.03%
GHC	A	0.03%
GME	C	0.03%
HRB	D	0.03%
PAG	F	0.03%
SKX	F	0.03%
SON	F	0.03%
GNW	C	0.03%
BIO	A	0.03%
CNK	A	0.03%
FNB	A	0.03%
TDG	C	0.03%
MTG	C	0.03%
XYL	F	0.03%
RDN	C	0.03%
MAN	F	0.03%
CLH	C	0.03%
AMH	F	0.03%
CWK	A	0.03%
MPW	D	0.03%
BRX	C	0.03%
EME	A	0.03%
CFR	A	0.03%
APLE	B	0.03%
XPO	A	0.03%
CSL	C	0.03%
CUZ	B	0.03%
MAS	C	0.03%
PB	A	0.03%
KD	D	0.03%
BTU	A	0.03%
NNN	D	0.03%
THO	D	0.03%
GDDY	A	0.03%
PR	F	0.03%
JNPR	A	0.03%
MTZ	B	0.03%
RRC	D	0.03%
HCC	A	0.03%
FLR	B	0.03%
POST	D	0.03%
BXMT	C	0.03%
HII	F	0.03%
WTRG	C	0.03%
CHD	D	0.03%
GPK	C	0.03%
HUBB	B	0.03%
HP	C	0.03%
ABM	B	0.03%
ASB	A	0.03%
NFG	B	0.03%
RL	B	0.03%
VMC	A	0.03%
OGE	C	0.03%
FMC	B	0.03%
MDU	B	0.03%
CMC	B	0.03%
UDR	D	0.03%
MLI	A	0.03%
CLX	C	0.03%
IT	C	0.03%
MLM	A	0.03%
PBF	F	0.03%
DEI	B	0.03%
ACM	A	0.03%
AGCO	C	0.03%
NCLH	A	0.03%
CBOE	A	0.03%
TPR	A	0.03%
DXC	F	0.03%
BJ	B	0.03%
AME	A	0.03%
KNX	C	0.03%
COHR	B	0.03%
YUM	D	0.03%
FTV	F	0.03%
SF	A	0.03%
FAF	D	0.03%
CNO	C	0.03%
TDY	B	0.03%
NOG	F	0.03%
MUSA	C	0.03%
KEYS	C	0.03%
INGR	C	0.03%
DKS	F	0.03%
A	F	0.03%
DOV	B	0.03%
DY	C	0.02%
MAC	A	0.02%
MGY	C	0.02%
GNL	D	0.02%
TNL	A	0.02%
REZI	D	0.02%
VYX	F	0.02%
IIPR	B	0.02%
VMI	B	0.02%
MCY	B	0.02%
AOS	F	0.02%
FLS	B	0.02%
REXR	F	0.02%
MMS	D	0.02%
BLD	F	0.02%
VVV	D	0.02%
ABCB	B	0.02%
FR	D	0.02%
GEF	B	0.02%
NATL	D	0.02%
PRG	D	0.02%
GBX	A	0.02%
EAT	A	0.02%
ELS	C	0.02%
MSM	F	0.02%
BHE	B	0.02%
WKC	D	0.02%
KRG	C	0.02%
FLO	F	0.02%
VSTS	F	0.02%
BYD	A	0.02%
OI	F	0.02%
ALLE	C	0.02%
AUB	C	0.02%
BCC	C	0.02%
TKR	D	0.02%
ST	F	0.02%
MHO	D	0.02%
ADNT	F	0.02%
IDA	A	0.02%
JBGS	C	0.02%
GBCI	A	0.02%
CRC	B	0.02%
RRX	B	0.02%
TFX	F	0.02%
BC	D	0.02%
MATX	A	0.02%
CBT	C	0.02%
VLTO	D	0.02%
NVT	A	0.02%
AGO	B	0.02%
CPRI	F	0.02%
POR	C	0.02%
PVH	C	0.02%
PRGO	D	0.02%
WAT	D	0.02%
ATI	F	0.02%
LII	B	0.02%
FL	F	0.02%
GEO	B	0.02%
SR	D	0.02%
EFX	D	0.02%
BANC	B	0.02%
ALE	A	0.02%
PII	F	0.02%
KSS	F	0.02%
SLG	B	0.02%
RNST	A	0.02%
EVR	B	0.02%
PRI	B	0.02%
BBWI	F	0.02%
SWX	B	0.02%
HLT	B	0.02%
AVNT	C	0.02%
AM	C	0.02%
HOMB	A	0.02%
TYL	A	0.02%
PNM	B	0.02%
CWEN	B	0.02%
DECK	B	0.02%
AAP	F	0.02%
SEM	D	0.02%
VSCO	A	0.02%
MTD	F	0.02%
G	D	0.02%
CIEN	B	0.02%
RHI	B	0.02%
GNRC	B	0.02%
EHC	A	0.02%
CRS	C	0.02%
HOG	F	0.02%
CW	B	0.02%
THG	B	0.02%
OLN	F	0.02%
KEX	C	0.02%
TPH	D	0.02%
SLGN	A	0.02%
ESNT	D	0.02%
SIG	C	0.02%
GXO	B	0.02%
H	D	0.02%
PNR	A	0.02%
ENVA	B	0.02%
MTH	D	0.02%
JWN	B	0.02%
PFS	B	0.02%
OSK	D	0.02%
IR	B	0.02%
KBH	D	0.02%
AVY	D	0.02%
RPM	B	0.02%
ADC	C	0.02%
STE	D	0.02%
BFH	D	0.02%
SCI	A	0.02%
BR	C	0.02%
ARCH	B	0.02%
HBI	B	0.02%
RVTY	C	0.02%
NOV	F	0.02%
ALV	F	0.02%
DAR	B	0.02%
WSM	F	0.02%
FBIN	C	0.02%
SSB	B	0.02%
MTDR	D	0.02%
TGNA	B	0.02%
CADE	B	0.02%
CUBE	D	0.02%
TDS	A	0.02%
DTM	A	0.02%
CR	A	0.02%
AMG	A	0.02%
SM	F	0.02%
CEIX	A	0.02%
CLF	C	0.02%
TRN	B	0.02%
RMD	B	0.02%
BKU	D	0.02%
PK	F	0.02%
GO	F	0.01%
BGS	C	0.01%
MMI	D	0.01%
KREF	D	0.01%
SHAK	A	0.01%
AZZ	D	0.01%
MSGS	A	0.01%
HCSG	C	0.01%
XHR	C	0.01%
EZPW	B	0.01%
GDOT	C	0.01%
SOLV	B	0.01%
NBHC	A	0.01%
CHH	A	0.01%
AWR	C	0.01%
GFF	F	0.01%
ESAB	A	0.01%
SCHL	F	0.01%
AAT	B	0.01%
HLX	F	0.01%
CHE	F	0.01%
DNOW	F	0.01%
RES	F	0.01%
EPC	F	0.01%
HPP	F	0.01%
NVRI	F	0.01%
INN	F	0.01%
WST	B	0.01%
MP	B	0.01%
FSS	F	0.01%
ESE	B	0.01%
PAYC	A	0.01%
EFC	D	0.01%
WRLD	D	0.01%
DRH	D	0.01%
TPX	F	0.01%
MODG	F	0.01%
CWT	D	0.01%
NHC	D	0.01%
YELP	F	0.01%
CPK	C	0.01%
AVNS	F	0.01%
JBT	A	0.01%
TDC	B	0.01%
BKE	B	0.01%
KNF	A	0.01%
KWR	F	0.01%
ALGT	A	0.01%
GTY	C	0.01%
KN	D	0.01%
VRE	D	0.01%
ELME	D	0.01%
EIG	A	0.01%
SHO	D	0.01%
TREX	B	0.01%
OII	D	0.01%
EXP	B	0.01%
SXC	A	0.01%
HXL	F	0.01%
AWI	A	0.01%
CVI	F	0.01%
VSAT	F	0.01%
GTLS	D	0.01%
TMP	A	0.01%
ASIX	D	0.01%
SKT	B	0.01%
VTLE	F	0.01%
EGBN	A	0.01%
ENR	B	0.01%
MC	C	0.01%
STC	D	0.01%
CFFN	A	0.01%
NBR	B	0.01%
MNRO	B	0.01%
HI	F	0.01%
FCPT	D	0.01%
BRBR	A	0.01%
ONTO	C	0.01%
CPF	C	0.01%
MATV	F	0.01%
VNT	B	0.01%
ENOV	D	0.01%
CWEN	B	0.01%
AXL	F	0.01%
AMN	F	0.01%
PUMP	F	0.01%
IBP	F	0.01%
WGO	F	0.01%
DLX	F	0.01%
PJT	B	0.01%
OFG	C	0.01%
LTC	A	0.01%
FND	F	0.01%
DAY	A	0.01%
AROC	D	0.01%
SPTN	D	0.01%
WD	C	0.01%
LXP	D	0.01%
IPGP	B	0.01%
BRKL	A	0.01%
UE	A	0.01%
SSD	F	0.01%
PHIN	B	0.01%
B	A	0.01%
DOCS	B	0.01%
HASI	A	0.01%
FBK	A	0.01%
UNF	D	0.01%
PARR	F	0.01%
CRI	F	0.01%
FCF	C	0.01%
HMN	A	0.01%
KMT	D	0.01%
NPO	F	0.01%
RWT	C	0.01%
SXT	C	0.01%
SFBS	B	0.01%
NSP	F	0.01%
ORA	B	0.01%
BOOT	D	0.01%
HGV	D	0.01%
UA	B	0.01%
SAH	D	0.01%
ITGR	D	0.01%
MTX	C	0.01%
IRT	D	0.01%
LPG	F	0.01%
DT	B	0.01%
APAM	B	0.01%
WMS	F	0.01%
OMI	F	0.01%
DLB	C	0.01%
ANF	D	0.01%
SBSI	D	0.01%
AKR	A	0.01%
NEU	F	0.01%
WTS	F	0.01%
PIPR	B	0.01%
LZB	D	0.01%
VAL	F	0.01%
CCS	F	0.01%
BOH	A	0.01%
VSTO	A	0.01%
PRK	A	0.01%
BDN	C	0.01%
BRC	D	0.01%
KLG	F	0.01%
PBH	A	0.01%
BWXT	B	0.01%
CRK	B	0.01%
ROL	D	0.01%
WS	A	0.01%
BHLB	B	0.01%
THS	F	0.01%
RXO	B	0.01%
GVA	A	0.01%
NSA	D	0.01%
RLI	B	0.01%
FUL	F	0.01%
MD	B	0.01%
DPZ	D	0.01%
FIX	B	0.01%
NYT	A	0.01%
EGP	D	0.01%
RBC	D	0.01%
KFY	C	0.01%
WH	A	0.01%
TEX	D	0.01%
RC	F	0.01%
CNM	D	0.01%
RYN	C	0.01%
LCII	F	0.01%
FDP	A	0.01%
WWW	C	0.01%
CTRE	A	0.01%
RH	B	0.01%
SBH	B	0.01%
LRN	A	0.01%
GMS	C	0.01%
TTC	F	0.01%
KW	C	0.01%
PBI	A	0.01%
UNFI	B	0.01%
DAN	F	0.01%
AEO	F	0.01%
GGG	F	0.01%
EPR	D	0.01%
WOR	F	0.01%
PSTG	D	0.01%
CBU	A	0.01%
FHI	A	0.01%
FN	B	0.01%
AMR	F	0.01%
OUT	B	0.01%
ARI	F	0.01%
BDC	B	0.01%
CDP	B	0.01%
BCO	D	0.01%
PMT	D	0.01%
UCB	D	0.01%
CRL	F	0.01%
GRBK	D	0.01%
FBP	D	0.01%
NVST	A	0.01%
VSH	F	0.01%
DEA	C	0.01%
VAC	C	0.01%
TALO	D	0.01%
HNI	D	0.01%
ATGE	A	0.01%
ACA	B	0.01%
FCN	F	0.01%
EPAM	F	0.01%
UVV	C	0.01%
IEX	A	0.01%
NWN	C	0.01%
LBRT	F	0.01%
ASGN	F	0.01%
AX	A	0.01%
FDS	B	0.01%
PEB	F	0.01%
EPRT	C	0.01%
AIT	A	0.01%
HTH	F	0.01%
KTB	A	0.01%
HLI	A	0.01%
ENS	F	0.01%
DCI	B	0.01%
LW	B	0.01%
CC	F	0.01%
SMG	B	0.01%
CTLT	D	0.01%
SPNT	D	0.01%
MSCI	C	0.01%
CABO	D	0.01%
AYI	B	0.01%
UAA	B	0.01%
WEX	F	0.01%
GMED	B	0.01%
COTY	F	0.01%
LEG	F	0.01%
LPX	D	0.01%
KMPR	B	0.01%
MTN	F	0.01%
GATX	A	0.01%
ATR	A	0.01%
NJR	C	0.01%
ITT	C	0.01%
ASH	F	0.01%
CXW	C	0.01%
STAG	D	0.01%
FICO	B	0.01%
SEE	B	0.01%
KBR	B	0.01%
MOG.A	D	0.01%
KAR	F	0.01%
FRT	D	0.01%
SLVM	B	0.01%
AVA	D	0.01%
AXTA	A	0.01%
AORT	B	0.0%
NPK	F	0.0%
LESL	F	0.0%
GOGO	F	0.0%
WOLF	D	0.0%
CLB	A	0.0%
PCRX	C	0.0%
RGNX	F	0.0%
ELF	F	0.0%
CERT	F	0.0%
SNCY	A	0.0%
CRSR	F	0.0%
LQDT	D	0.0%
TGI	C	0.0%
SSTK	D	0.0%
BMI	D	0.0%
NABL	F	0.0%
HCI	B	0.0%
MYE	F	0.0%
NXRT	D	0.0%
CARS	D	0.0%
BJRI	A	0.0%
GKOS	B	0.0%
DV	F	0.0%
PRLB	F	0.0%
WT	B	0.0%
MXL	D	0.0%
IIIN	F	0.0%
GPRE	F	0.0%
CTS	A	0.0%
IRWD	F	0.0%
EPAC	A	0.0%
AHH	D	0.0%
CENT	D	0.0%
PEN	A	0.0%
SHEN	F	0.0%
SXI	A	0.0%
WSR	B	0.0%
USNA	D	0.0%
RGR	F	0.0%
LNN	C	0.0%
HSII	A	0.0%
YETI	F	0.0%
VVI	B	0.0%
THRY	F	0.0%
MTUS	F	0.0%
TNC	F	0.0%
PZZA	B	0.0%
ALG	F	0.0%
SONO	C	0.0%
KOP	F	0.0%
WNC	F	0.0%
CNMD	D	0.0%
MCW	A	0.0%
KNSL	F	0.0%
SMP	B	0.0%
DXPE	D	0.0%
BSIG	A	0.0%
RAMP	D	0.0%
SJW	F	0.0%
USPH	F	0.0%
OXM	F	0.0%
REX	F	0.0%
DFIN	F	0.0%
TILE	D	0.0%
UHT	D	0.0%
CXT	F	0.0%
NX	C	0.0%
CLW	F	0.0%
HZO	F	0.0%
AIR	F	0.0%
PRAA	D	0.0%
RCUS	D	0.0%
PLNT	D	0.0%
JOE	F	0.0%
CALX	C	0.0%
HAYN	A	0.0%
EVTC	D	0.0%
BOX	D	0.0%
ETD	F	0.0%
HAYW	A	0.0%
ROG	F	0.0%
IART	C	0.0%
FBRT	B	0.0%
TWI	F	0.0%
MTRN	F	0.0%
ENV	A	0.0%
VTOL	D	0.0%
TR	F	0.0%
AMBC	D	0.0%
NGVT	C	0.0%
ZI	C	0.0%
FOXF	F	0.0%
HFWA	A	0.0%
SAM	C	0.0%
UFCS	F	0.0%
GES	F	0.0%
PRA	B	0.0%
UTL	D	0.0%
TRIP	C	0.0%
CSR	D	0.0%
TRST	C	0.0%
PAHC	B	0.0%
ALEX	C	0.0%
VRTS	C	0.0%
AIN	F	0.0%
BFS	D	0.0%
HELE	C	0.0%
MSA	F	0.0%
HAE	F	0.0%
SCL	F	0.0%
CAL	F	0.0%
CUBI	D	0.0%

VLU Underweight 378 Positions Relative to ONEQ

Symbol	Grade	Weight
MELI	C	-0.35%
PDD	C	-0.28%
MRVL	B	-0.24%
ASML	F	-0.23%
CRWD	C	-0.23%
DASH	A	-0.2%
TTD	A	-0.18%
WDAY	F	-0.17%
APP	A	-0.16%
AZN	F	-0.15%
COIN	D	-0.14%
MSTR	A	-0.13%
ALNY	C	-0.13%
CCEP	D	-0.12%
DDOG	B	-0.12%
FCNCA	C	-0.1%
TEAM	B	-0.1%
ZS	C	-0.09%
CHKP	C	-0.08%
ICLR	F	-0.08%
TCOM	A	-0.08%
JD	A	-0.07%
MDB	F	-0.07%
LPLA	A	-0.07%
HOOD	B	-0.07%
GFS	F	-0.07%
TW	B	-0.06%
DKNG	F	-0.06%
SSNC	D	-0.06%
ARM	B	-0.06%
ARGX	A	-0.06%
ZM	A	-0.06%
EXAS	B	-0.05%
BMRN	F	-0.05%
DOCU	B	-0.05%
MNDY	B	-0.05%
FLEX	B	-0.05%
SMMT	C	-0.05%
NTRA	D	-0.05%
BSY	F	-0.05%
NTNX	B	-0.05%
ENTG	F	-0.05%
GRAB	A	-0.05%
SNY	D	-0.05%
DUOL	A	-0.04%
Z	D	-0.04%
INSM	D	-0.04%
NTES	F	-0.04%
LBRDK	A	-0.04%
RIVN	F	-0.04%
BGNE	C	-0.04%
AFRM	A	-0.04%
PAA	D	-0.04%
BNTX	A	-0.04%
SOFI	A	-0.04%
RPRX	F	-0.04%
OKTA	F	-0.04%
CYBR	C	-0.04%
PCVX	C	-0.04%
LOGI	F	-0.04%
SRPT	D	-0.04%
BIDU	F	-0.04%
GTLB	C	-0.03%
ASND	F	-0.03%
XP	F	-0.03%
GLBE	B	-0.03%
TPG	A	-0.03%
FRHC	A	-0.03%
HLNE	B	-0.03%
ITCI	A	-0.03%
RVMD	A	-0.03%
NICE	C	-0.03%
SIRI	C	-0.03%
ROKU	D	-0.03%
OTEX	D	-0.03%
FUTU	A	-0.03%
WIX	B	-0.03%
DOX	B	-0.03%
DNLI	D	-0.02%
PTCT	B	-0.02%
IAC	F	-0.02%
FOLD	B	-0.02%
BZ	D	-0.02%
LEGN	D	-0.02%
CLBT	B	-0.02%
TFSL	D	-0.02%
MDGL	B	-0.02%
UPST	B	-0.02%
KTOS	C	-0.02%
INTA	A	-0.02%
KRYS	D	-0.02%
VCTR	B	-0.02%
ROAD	B	-0.02%
IMVT	F	-0.02%
BPMC	D	-0.02%
ACLX	B	-0.02%
GLNG	B	-0.02%
SGRY	F	-0.02%
WMG	B	-0.02%
AXSM	C	-0.02%
BBIO	F	-0.02%
QFIN	B	-0.02%
NCNO	B	-0.02%
RARE	D	-0.02%
ALKT	B	-0.02%
STEP	B	-0.02%
CFLT	A	-0.02%
CRNX	B	-0.02%
BECN	B	-0.02%
MARA	C	-0.02%
LYFT	C	-0.02%
BPOP	F	-0.02%
IESC	A	-0.02%
CACC	F	-0.02%
TIGO	B	-0.02%
AUR	C	-0.02%
STRL	B	-0.02%
CHCI	A	-0.02%
TENB	D	-0.02%
LI	C	-0.02%
NUVL	D	-0.02%
CWST	D	-0.02%
PI	C	-0.02%
AGNC	D	-0.02%
ALTR	A	-0.02%
IONS	F	-0.02%
QXO	D	-0.02%
VRNS	C	-0.02%
FRPT	D	-0.02%
LCID	F	-0.02%
IEP	D	-0.02%
ACT	D	-0.02%
HTHT	B	-0.02%
VKTX	A	-0.02%
PEGA	A	-0.02%
RKLB	B	-0.02%
REYN	F	-0.02%
CRDO	B	-0.02%
WSC	F	-0.02%
BOKF	B	-0.02%
MMYT	B	-0.02%
CSWI	C	-0.02%
CNTA	C	-0.01%
IMKTA	D	-0.01%
PYCR	B	-0.01%
CDNA	D	-0.01%
BCBP	D	-0.01%
PHAT	B	-0.01%
GMAB	F	-0.01%
NRIX	B	-0.01%
KRUS	A	-0.01%
ASTL	B	-0.01%
TH	F	-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	C	-0.01%
RDFN	C	-0.01%
TREE	B	-0.01%
FLYW	C	-0.01%
SOUN	B	-0.01%
SAVA	D	-0.01%
FFIC	A	-0.01%
VRNT	F	-0.01%
RLAY	F	-0.01%
NVAX	F	-0.01%
OPK	C	-0.01%
TRDA	B	-0.01%
ISTR	A	-0.01%
SDGR	F	-0.01%
MRVI	F	-0.01%
LQDA	C	-0.01%
KRNT	C	-0.01%
WOOF	C	-0.01%
ESTA	D	-0.01%
PLYA	C	-0.01%
BASE	D	-0.01%
TRS	B	-0.01%
AVAH	D	-0.01%
COMM	A	-0.01%
CMCO	F	-0.01%
BCYC	C	-0.01%
BLBD	F	-0.01%
WASH	B	-0.01%
MNTK	B	-0.01%
PFC	A	-0.01%
IQ	C	-0.01%
IBUY	A	-0.01%
AVO	D	-0.01%
PDFS	F	-0.01%
NEXT	B	-0.01%
FWRG	C	-0.01%
ANAB	F	-0.01%
SPT	F	-0.01%
CNDT	D	-0.01%
HBNC	A	-0.01%
BVS	A	-0.01%
IREN	B	-0.01%
ATSG	A	-0.01%
PLUG	D	-0.01%
ARDX	D	-0.01%
IMCR	F	-0.01%
NSSC	F	-0.01%
VMEO	D	-0.01%
DLO	C	-0.01%
LBRDA	A	-0.01%
SPRY	B	-0.01%
ANIP	F	-0.01%
TRNS	F	-0.01%
KURA	F	-0.01%
CLOV	A	-0.01%
PEBO	B	-0.01%
ULH	C	-0.01%
AUPH	A	-0.01%
RIOT	C	-0.01%
RCKT	F	-0.01%
MBUU	A	-0.01%
MLCO	C	-0.01%
RDWR	B	-0.01%
INMD	C	-0.01%
DOOO	F	-0.01%
UDMY	D	-0.01%
OLPX	F	-0.01%
RNW	F	-0.01%
NNBR	D	-0.01%
OCFC	B	-0.01%
TCBK	C	-0.01%
DAWN	A	-0.01%
TARS	A	-0.01%
TVTX	B	-0.01%
VITL	C	-0.01%
INFN	B	-0.01%
COGT	B	-0.01%
TLRY	F	-0.01%
TXG	F	-0.01%
VSEC	B	-0.01%
WINA	B	-0.01%
SIMO	F	-0.01%
GABC	A	-0.01%
ATEX	F	-0.01%
APPN	A	-0.01%
WB	B	-0.01%
GDYN	A	-0.01%
CRAI	B	-0.01%
BCRX	A	-0.01%
SBLK	F	-0.01%
VRDN	B	-0.01%
PCT	A	-0.01%
AMRK	D	-0.01%
VERA	C	-0.01%
NVCR	F	-0.01%
MNKD	A	-0.01%
ERII	B	-0.01%
CLDX	F	-0.01%
IAS	A	-0.01%
BEAM	F	-0.01%
LILAK	B	-0.01%
BUSE	D	-0.01%
INBK	B	-0.01%
AXNX	A	-0.01%
TYRA	D	-0.01%
HROW	C	-0.01%
PAGP	D	-0.01%
SNDX	F	-0.01%
AKRO	A	-0.01%
LBPH	A	-0.01%
CIFR	B	-0.01%
MGNI	C	-0.01%
LAUR	B	-0.01%
AY	A	-0.01%
RXST	D	-0.01%
FIVN	D	-0.01%
RRR	F	-0.01%
SASR	A	-0.01%
TWST	F	-0.01%
CRTO	F	-0.01%
WSBC	A	-0.01%
EVCM	B	-0.01%
GTX	F	-0.01%
HPK	F	-0.01%
YY	C	-0.01%
CLSK	C	-0.01%
ARVN	C	-0.01%
FRME	C	-0.01%
CMPR	F	-0.01%
DNUT	C	-0.01%
ULCC	B	-0.01%
IRTC	C	-0.01%
PTVE	D	-0.01%
SWTX	D	-0.01%
SYBT	B	-0.01%
ALHC	A	-0.01%
ATAT	B	-0.01%
RPD	B	-0.01%
OSW	A	-0.01%
WULF	A	-0.01%
SPNS	B	-0.01%
ZLAB	B	-0.01%
JANX	A	-0.01%
GOGL	F	-0.01%
HURN	A	-0.01%
GDS	A	-0.01%
LMAT	C	-0.01%
IDYA	F	-0.01%
ENVX	D	-0.01%
CLBK	B	-0.01%
PTGX	B	-0.01%
NMRK	A	-0.01%
VCYT	A	-0.01%
EFSC	B	-0.01%
MIRM	D	-0.01%
GERN	C	-0.01%
ATRC	A	-0.01%
AMRX	D	-0.01%
MBIN	F	-0.01%
BRZE	F	-0.01%
GGAL	A	-0.01%
VRNA	B	-0.01%
HEES	B	-0.01%
ZG	D	-0.01%
SKWD	B	-0.01%
JAMF	F	-0.01%
DYN	F	-0.01%
PLTK	A	-0.01%
ACAD	F	-0.01%
GH	D	-0.01%
BILI	A	-0.01%
TRMD	F	-0.01%
KYMR	C	-0.01%
FLNC	A	-0.01%
FRSH	C	-0.01%
IOVA	C	-0.01%
KROS	B	-0.01%
MQ	A	-0.01%
CGON	F	-0.01%
MGRC	A	-0.01%
RBCAA	B	-0.01%
FROG	C	-0.01%
ADMA	C	-0.01%
AGIO	C	-0.01%
HCP	A	-0.01%
DRVN	A	-0.01%
TGTX	A	-0.01%
APLS	F	-0.01%
ACVA	F	-0.01%
RYTM	D	-0.01%
GSHD	A	-0.01%
BL	B	-0.01%
FA	D	-0.01%
HTLF	A	-0.01%
TOWN	D	-0.01%
EBC	C	-0.01%
STNE	F	-0.01%
VERX	B	-0.01%
ERIC	B	-0.01%
TMDX	F	-0.01%
SRRK	B	-0.01%
MRUS	C	-0.01%
USLM	A	-0.01%
EWTX	B	-0.01%
ESGR	B	-0.01%
NPAB	D	-0.01%
LFST	C	-0.01%
APPF	D	-0.01%
FIBK	B	-0.01%
VIRT	C	-0.01%
ARLP	A	-0.01%
PRCT	A	-0.01%
AMBA	B	-0.01%
XENE	C	-0.01%
RNA	C	-0.01%
CRSP	D	-0.01%
ICFI	B	-0.01%
VOD	D	-0.01%
WVE	B	-0.01%