BBUS vs. QWLD ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Equity ETF (BBUS) to SPDR MSCI World Quality Mix ETF (QWLD)

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

$103.07

Average Daily Volume

147,065

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.25

Average Daily Volume

4,874

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

Performance

Period	BBUS	QWLD
30 Days	2.30%	1.92%
60 Days	4.10%	4.80%
90 Days	5.06%	6.62%
12 Months	31.76%	25.18%

526 Overlapping Holdings

Symbol	Grade	Weight in BBUS	Weight in QWLD	Overlap
A	C	0.08%	0.07%	0.07%
AAPL	C	6.63%	2.56%	2.56%
ABBV	C	0.73%	0.41%	0.41%
ABBV	C	0.73%	0.15%	0.15%
ABNB	D	0.1%	0.01%	0.01%
ABT	C	0.42%	0.09%	0.09%
ACGL	C	0.09%	0.28%	0.09%
ACI	F	0.01%	0.02%	0.01%
ACN	C	0.46%	0.65%	0.46%
ADBE	F	0.54%	0.49%	0.49%
ADI	C	0.23%	0.04%	0.04%
ADM	D	0.06%	0.05%	0.05%
ADP	B	0.24%	0.24%	0.24%
ADSK	C	0.11%	0.08%	0.08%
AEE	C	0.05%	0.08%	0.05%
AEP	C	0.11%	0.07%	0.07%
AES	C	0.02%	0.01%	0.01%
AFG	B	0.02%	0.02%	0.02%
AFL	C	0.12%	0.12%	0.12%
AIG	D	0.1%	0.07%	0.07%
AJG	D	0.14%	0.19%	0.14%
AKAM	D	0.03%	0.12%	0.03%
ALB	D	0.02%	0.01%	0.01%
ALGN	D	0.04%	0.0%	0.0%
ALL	B	0.1%	0.07%	0.07%
ALLE	B	0.02%	0.02%	0.02%
AMAT	D	0.31%	0.32%	0.31%
AMCR	B	0.03%	0.08%	0.03%
AMD	D	0.48%	0.04%	0.04%
AME	C	0.08%	0.01%	0.01%
AMGN	B	0.37%	0.19%	0.19%
AMP	A	0.09%	0.07%	0.07%
AMT	C	0.24%	0.03%	0.03%
AMZN	C	3.52%	0.34%	0.34%
ANET	B	0.17%	0.18%	0.17%
ANSS	D	0.06%	0.0%	0.0%
AON	B	0.16%	0.16%	0.16%
APA	F	0.02%	0.03%	0.02%
APD	B	0.13%	0.02%	0.02%
APH	D	0.15%	0.38%	0.15%
APO	C	0.09%	0.01%	0.01%
APTV	D	0.03%	0.01%	0.01%
ARE	C	0.04%	0.01%	0.01%
ARES	B	0.05%	0.0%	0.0%
ATO	B	0.04%	0.01%	0.01%
AVB	B	0.07%	0.01%	0.01%
AVGO	C	1.41%	0.11%	0.11%
AVTR	B	0.04%	0.01%	0.01%
AVY	C	0.04%	0.03%	0.03%
AWK	B	0.06%	0.01%	0.01%
AXON	B	0.05%	0.0%	0.0%
AXP	B	0.29%	0.06%	0.06%
AZO	D	0.11%	0.29%	0.11%
BA	F	0.2%	0.02%	0.02%
BAC	D	0.56%	0.33%	0.33%
BAH	C	0.04%	0.15%	0.04%
BALL	C	0.04%	0.01%	0.01%
BAX	C	0.04%	0.02%	0.02%
BBY	C	0.04%	0.06%	0.04%
BDX	D	0.14%	0.08%	0.08%
BEN	F	0.01%	0.01%	0.01%
BG	D	0.03%	0.03%	0.03%
BIIB	F	0.06%	0.02%	0.02%
BK	B	0.11%	0.05%	0.05%
BKNG	C	0.27%	0.02%	0.02%
BKR	C	0.07%	0.02%	0.02%
BLDR	C	0.04%	0.04%	0.04%
BLK	B	0.27%	0.21%	0.21%
BMRN	F	0.03%	0.09%	0.03%
BMY	C	0.21%	0.18%	0.18%
BR	D	0.05%	0.04%	0.04%
BRK.A	C	1.72%	0.71%	0.71%
BRO	C	0.05%	0.13%	0.05%
BSX	B	0.25%	0.02%	0.02%
BSY	D	0.01%	0.01%	0.01%
BURL	B	0.04%	0.01%	0.01%
BX	B	0.21%	0.02%	0.02%
BXP	B	0.02%	0.01%	0.01%
C	C	0.23%	0.21%	0.21%
CAG	C	0.03%	0.05%	0.03%
CAH	C	0.06%	0.12%	0.06%
CARR	B	0.13%	0.02%	0.02%
CAT	B	0.34%	0.32%	0.32%
CB	B	0.25%	0.4%	0.25%
CBRE	A	0.07%	0.03%	0.03%
CCI	C	0.11%	0.02%	0.02%
CCK	A	0.02%	0.01%	0.01%
CCL	C	0.03%	0.0%	0.0%
CDNS	D	0.14%	0.12%	0.12%
CDW	D	0.06%	0.09%	0.06%
CE	F	0.03%	0.01%	0.01%
CEG	C	0.12%	0.01%	0.01%
CF	C	0.03%	0.12%	0.03%
CFG	C	0.04%	0.03%	0.03%
CG	D	0.02%	0.01%	0.01%
CHD	D	0.05%	0.18%	0.05%
CHTR	D	0.07%	0.05%	0.05%
CI	C	0.21%	0.2%	0.2%
CINF	B	0.04%	0.02%	0.02%
CL	D	0.18%	0.23%	0.18%
CLX	C	0.04%	0.01%	0.01%
CMCSA	D	0.32%	0.15%	0.15%
CME	C	0.16%	0.16%	0.16%
CMG	C	0.15%	0.13%	0.13%
CMI	C	0.08%	0.08%	0.08%
CMS	C	0.04%	0.05%	0.04%
CNC	D	0.08%	0.06%	0.06%
CNH	D	0.02%	0.01%	0.01%
CNP	C	0.04%	0.01%	0.01%
COF	B	0.11%	0.07%	0.07%
COIN	F	0.07%	0.0%	0.0%
COP	D	0.25%	0.09%	0.09%
COST	B	0.83%	0.76%	0.76%
CPAY	B	0.04%	0.01%	0.01%
CPB	C	0.02%	0.1%	0.02%
CPRT	D	0.09%	0.07%	0.07%
CPT	B	0.03%	0.01%	0.01%
CRBG	D	0.01%	0.01%	0.01%
CRL	F	0.02%	0.0%	0.0%
CRM	D	0.48%	0.04%	0.04%
CRWD	D	0.12%	0.0%	0.0%
CSCO	C	0.41%	0.88%	0.41%
CSGP	D	0.07%	0.0%	0.0%
CSX	D	0.14%	0.11%	0.11%
CTAS	B	0.15%	0.14%	0.14%
CTRA	D	0.04%	0.02%	0.02%
CTSH	C	0.08%	0.2%	0.08%
CTVA	B	0.08%	0.04%	0.04%
CVS	D	0.15%	0.17%	0.15%
CVX	D	0.5%	0.28%	0.28%
D	C	0.1%	0.06%	0.06%
DAL	C	0.06%	0.01%	0.01%
DASH	C	0.08%	0.0%	0.0%
DAY	D	0.02%	0.0%	0.0%
DD	B	0.07%	0.02%	0.02%
DDOG	D	0.07%	0.0%	0.0%
DE	B	0.2%	0.06%	0.06%
DECK	C	0.05%	0.04%	0.04%
DELL	D	0.06%	0.01%	0.01%
DFS	B	0.07%	0.03%	0.03%
DG	F	0.04%	0.01%	0.01%
DGX	B	0.04%	0.1%	0.04%
DHI	B	0.12%	0.12%	0.12%
DHR	B	0.39%	0.06%	0.06%
DIS	D	0.34%	0.07%	0.07%
DLR	B	0.11%	0.02%	0.02%
DLTR	F	0.03%	0.01%	0.01%
DOC	C	0.03%	0.01%	0.01%
DOCU	C	0.02%	0.0%	0.0%
DOV	B	0.05%	0.04%	0.04%
DOW	D	0.07%	0.04%	0.04%
DPZ	F	0.03%	0.06%	0.03%
DRI	B	0.04%	0.03%	0.03%
DT	C	0.03%	0.0%	0.0%
DTE	C	0.05%	0.02%	0.02%
DUK	C	0.19%	0.37%	0.19%
DVN	F	0.05%	0.03%	0.03%
DXCM	F	0.06%	0.0%	0.0%
EA	D	0.07%	0.18%	0.07%
EBAY	B	0.06%	0.01%	0.01%
ECL	B	0.13%	0.01%	0.01%
ED	C	0.08%	0.38%	0.08%
EFX	B	0.08%	0.01%	0.01%
EG	C	0.03%	0.06%	0.03%
EIX	C	0.07%	0.03%	0.03%
EL	F	0.04%	0.01%	0.01%
ELS	C	0.03%	0.0%	0.0%
ELV	C	0.26%	0.28%	0.26%
EMN	B	0.02%	0.01%	0.01%
EMR	D	0.12%	0.02%	0.02%
ENPH	D	0.03%	0.03%	0.03%
ENTG	F	0.03%	0.0%	0.0%
EOG	D	0.14%	0.05%	0.05%
EPAM	F	0.02%	0.02%	0.02%
EQH	C	0.02%	0.01%	0.01%
EQIX	C	0.17%	0.01%	0.01%
EQR	B	0.06%	0.01%	0.01%
EQT	D	0.04%	0.01%	0.01%
ES	C	0.05%	0.02%	0.02%
ESS	B	0.04%	0.01%	0.01%
ETN	C	0.24%	0.02%	0.02%
ETR	B	0.05%	0.02%	0.02%
EVRG	B	0.03%	0.01%	0.01%
EW	F	0.08%	0.07%	0.07%
EXAS	C	0.02%	0.0%	0.0%
EXC	C	0.08%	0.03%	0.03%
EXPD	C	0.04%	0.04%	0.04%
EXPE	C	0.03%	0.01%	0.01%
EXR	B	0.08%	0.01%	0.01%
F	F	0.08%	0.09%	0.08%
FANG	D	0.06%	0.08%	0.06%
FAST	C	0.08%	0.08%	0.08%
FCNCA	D	0.05%	0.09%	0.05%
FCX	D	0.12%	0.02%	0.02%
FDS	C	0.03%	0.02%	0.02%
FDX	C	0.13%	0.07%	0.07%
FE	C	0.05%	0.01%	0.01%
FFIV	B	0.02%	0.14%	0.02%
FICO	B	0.09%	0.04%	0.04%
FIS	B	0.1%	0.02%	0.02%
FITB	B	0.06%	0.03%	0.03%
FNF	B	0.03%	0.01%	0.01%
FOX	B	0.01%	0.01%	0.01%
FOXA	B	0.02%	0.01%	0.01%
FSLR	C	0.04%	0.01%	0.01%
FTNT	C	0.1%	0.01%	0.01%
FTV	C	0.05%	0.01%	0.01%
GD	B	0.14%	0.19%	0.14%
GDDY	C	0.04%	0.21%	0.04%
GE	B	0.38%	0.29%	0.29%
GEHC	C	0.07%	0.02%	0.02%
GEV	B	0.12%	0.02%	0.02%
GILD	B	0.21%	0.22%	0.21%
GIS	B	0.09%	0.38%	0.09%
GLW	C	0.07%	0.02%	0.02%
GM	C	0.11%	0.15%	0.11%
GOOG	D	1.64%	0.83%	0.83%
GOOGL	D	1.82%	0.95%	0.95%
GPC	D	0.04%	0.06%	0.04%
GPN	D	0.06%	0.02%	0.02%
GRMN	D	0.06%	0.05%	0.05%
GS	C	0.32%	0.14%	0.14%
GWW	B	0.09%	0.1%	0.09%
HAL	F	0.05%	0.01%	0.01%
HBAN	B	0.04%	0.03%	0.03%
HCA	B	0.16%	0.04%	0.04%
HD	B	0.77%	0.14%	0.14%
HEI	B	0.02%	0.0%	0.0%
HEI	B	0.02%	0.0%	0.0%
HEI	B	0.03%	0.0%	0.0%
HEI	B	0.03%	0.0%	0.0%
HES	F	0.07%	0.01%	0.01%
HIG	B	0.07%	0.03%	0.03%
HII	D	0.02%	0.01%	0.01%
HLT	B	0.11%	0.01%	0.01%
HOLX	B	0.04%	0.01%	0.01%
HON	D	0.27%	0.24%	0.24%
HPE	D	0.04%	0.03%	0.03%
HPQ	D	0.07%	0.04%	0.04%
HRL	C	0.02%	0.1%	0.02%
HST	C	0.02%	0.01%	0.01%
HSY	C	0.06%	0.18%	0.06%
HUBB	B	0.04%	0.03%	0.03%
HUM	F	0.09%	0.18%	0.09%
HWM	B	0.08%	0.01%	0.01%
IBM	B	0.39%	0.48%	0.39%
ICE	C	0.19%	0.03%	0.03%
IDXX	C	0.08%	0.09%	0.08%
IEX	D	0.03%	0.02%	0.02%
IFF	B	0.05%	0.01%	0.01%
ILMN	C	0.04%	0.0%	0.0%
INCY	C	0.02%	0.12%	0.02%
INTC	F	0.17%	0.08%	0.08%
INTU	C	0.37%	0.25%	0.25%
INVH	C	0.04%	0.01%	0.01%
IP	B	0.03%	0.02%	0.02%
IPG	C	0.02%	0.02%	0.02%
IQV	C	0.09%	0.01%	0.01%
IR	C	0.07%	0.01%	0.01%
IRM	C	0.07%	0.01%	0.01%
ISRG	B	0.36%	0.24%	0.24%
IT	B	0.08%	0.03%	0.03%
ITW	C	0.15%	0.12%	0.12%
J	C	0.04%	0.01%	0.01%
JBHT	D	0.03%	0.03%	0.03%
JCI	B	0.1%	0.02%	0.02%
JKHY	B	0.03%	0.06%	0.03%
JNJ	C	0.84%	1.19%	0.84%
JNPR	B	0.03%	0.13%	0.03%
JPM	D	1.23%	0.52%	0.52%
K	B	0.04%	0.23%	0.04%
KDP	B	0.08%	0.16%	0.08%
KEY	B	0.03%	0.02%	0.02%
KEYS	C	0.05%	0.17%	0.05%
KHC	C	0.07%	0.22%	0.07%
KIM	C	0.03%	0.01%	0.01%
KKR	B	0.16%	0.02%	0.02%
KLAC	D	0.2%	0.18%	0.18%
KMB	D	0.1%	0.12%	0.1%
KMI	B	0.09%	0.03%	0.03%
KMX	D	0.03%	0.01%	0.01%
KO	C	0.58%	0.65%	0.58%
KR	C	0.07%	0.28%	0.07%
KVUE	C	0.08%	0.08%	0.08%
L	C	0.03%	0.16%	0.03%
LDOS	B	0.04%	0.01%	0.01%
LEN	B	0.09%	0.09%	0.09%
LEN	B	0.0%	0.09%	0.0%
LHX	C	0.09%	0.02%	0.02%
LII	B	0.04%	0.0%	0.0%
LIN	B	0.46%	0.06%	0.06%
LKQ	F	0.02%	0.01%	0.01%
LLY	C	1.59%	1.42%	1.42%
LMT	C	0.25%	0.45%	0.25%
LNG	C	0.08%	0.05%	0.05%
LNT	B	0.03%	0.03%	0.03%
LOW	B	0.3%	0.07%	0.07%
LPLA	D	0.03%	0.03%	0.03%
LRCX	F	0.2%	0.2%	0.2%
LULU	D	0.06%	0.06%	0.06%
LUV	C	0.04%	0.0%	0.0%
LVS	D	0.03%	0.0%	0.0%
LW	D	0.02%	0.0%	0.0%
LYB	D	0.05%	0.03%	0.03%
LYV	B	0.03%	0.0%	0.0%
MA	B	0.84%	0.67%	0.67%
MAA	B	0.04%	0.01%	0.01%
MAR	C	0.11%	0.01%	0.01%
MAS	B	0.04%	0.01%	0.01%
MCD	B	0.44%	0.42%	0.42%
MCHP	F	0.08%	0.07%	0.07%
MCK	F	0.14%	0.49%	0.14%
MCO	B	0.16%	0.13%	0.13%
MDLZ	B	0.21%	0.17%	0.17%
MDT	C	0.25%	0.06%	0.06%
MELI	B	0.21%	0.01%	0.01%
MET	B	0.09%	0.04%	0.04%
META	B	2.31%	1.96%	1.96%
MGM	F	0.02%	0.01%	0.01%
MKC	C	0.04%	0.01%	0.01%
MKL	C	0.04%	0.12%	0.04%
MLM	D	0.07%	0.01%	0.01%
MMC	C	0.24%	0.53%	0.24%
MMM	B	0.15%	0.14%	0.14%
MNST	D	0.08%	0.06%	0.06%
MO	C	0.19%	0.04%	0.04%
MOH	D	0.04%	0.07%	0.04%
MOS	F	0.02%	0.02%	0.02%
MPC	F	0.12%	0.18%	0.12%
MPWR	C	0.08%	0.06%	0.06%
MRK	D	0.61%	0.51%	0.51%
MRNA	F	0.06%	0.02%	0.02%
MRO	C	0.03%	0.02%	0.02%
MRVL	C	0.13%	0.01%	0.01%
MS	D	0.25%	0.09%	0.09%
MSCI	C	0.09%	0.0%	0.0%
MSFT	C	6.43%	2.36%	2.36%
MSI	B	0.15%	0.58%	0.15%
MTB	B	0.06%	0.04%	0.04%
MU	F	0.2%	0.04%	0.04%
NBIX	F	0.02%	0.11%	0.02%
NDAQ	A	0.06%	0.01%	0.01%
NEE	C	0.35%	0.06%	0.06%
NEM	B	0.12%	0.04%	0.04%
NET	D	0.05%	0.0%	0.0%
NFLX	B	0.61%	0.45%	0.45%
NI	B	0.03%	0.01%	0.01%
NKE	D	0.19%	0.17%	0.17%
NOC	B	0.16%	0.33%	0.16%
NOW	B	0.37%	0.01%	0.01%
NRG	C	0.03%	0.01%	0.01%
NSC	C	0.12%	0.03%	0.03%
NTAP	D	0.05%	0.04%	0.04%
NTRS	A	0.04%	0.01%	0.01%
NUE	F	0.07%	0.04%	0.04%
NVDA	D	5.37%	2.1%	2.1%
NVR	B	0.05%	0.07%	0.05%
NWSA	D	0.02%	0.01%	0.01%
NXPI	F	0.12%	0.02%	0.02%
O	C	0.11%	0.03%	0.03%
OC	D	0.03%	0.03%	0.03%
ODFL	D	0.08%	0.07%	0.07%
OKE	B	0.11%	0.03%	0.03%
OKTA	F	0.02%	0.0%	0.0%
OMC	B	0.04%	0.04%	0.04%
ON	D	0.06%	0.01%	0.01%
ORCL	C	0.52%	0.22%	0.22%
ORLY	C	0.14%	0.22%	0.14%
OTIS	C	0.08%	0.01%	0.01%
OXY	F	0.07%	0.03%	0.03%
PANW	D	0.23%	0.16%	0.16%
PAYC	D	0.02%	0.02%	0.02%
PAYX	C	0.09%	0.09%	0.09%
PCAR	D	0.1%	0.09%	0.09%
PCG	C	0.08%	0.03%	0.03%
PEG	B	0.08%	0.02%	0.02%
PEP	C	0.51%	0.86%	0.51%
PFE	C	0.35%	0.21%	0.21%
PFG	B	0.04%	0.02%	0.02%
PG	C	0.88%	0.98%	0.88%
PGR	B	0.3%	0.34%	0.3%
PH	B	0.16%	0.02%	0.02%
PHM	B	0.06%	0.06%	0.06%
PINS	F	0.04%	0.0%	0.0%
PKG	B	0.04%	0.03%	0.03%
PLD	C	0.26%	0.05%	0.05%
PLTR	B	0.14%	0.0%	0.0%
PM	C	0.41%	0.07%	0.07%
PNC	B	0.15%	0.08%	0.08%
PNR	B	0.03%	0.02%	0.02%
PODD	B	0.03%	0.0%	0.0%
POOL	C	0.03%	0.03%	0.03%
PPG	D	0.06%	0.01%	0.01%
PPL	C	0.05%	0.01%	0.01%
PRU	C	0.09%	0.04%	0.04%
PSA	B	0.12%	0.09%	0.09%
PSX	F	0.11%	0.13%	0.11%
PTC	D	0.04%	0.07%	0.04%
PWR	B	0.08%	0.01%	0.01%
PYPL	B	0.15%	0.04%	0.04%
QCOM	D	0.38%	0.34%	0.34%
QRVO	F	0.02%	0.01%	0.01%
RBLX	B	0.05%	0.0%	0.0%
RCL	B	0.08%	0.0%	0.0%
REG	C	0.03%	0.01%	0.01%
REGN	C	0.25%	0.47%	0.25%
RF	B	0.04%	0.03%	0.03%
RJF	C	0.05%	0.01%	0.01%
RMD	C	0.08%	0.06%	0.06%
ROK	D	0.06%	0.05%	0.05%
ROL	C	0.03%	0.08%	0.03%
ROP	C	0.12%	0.49%	0.12%
ROST	C	0.1%	0.02%	0.02%
RPRX	C	0.02%	0.01%	0.01%
RSG	D	0.09%	0.46%	0.09%
RTX	C	0.33%	0.09%	0.09%
SBAC	C	0.05%	0.01%	0.01%
SBUX	C	0.22%	0.04%	0.04%
SCHW	D	0.19%	0.03%	0.03%
SHW	B	0.18%	0.14%	0.14%
SJM	C	0.03%	0.08%	0.03%
SLB	F	0.12%	0.03%	0.03%
SMCI	F	0.04%	0.03%	0.03%
SNA	C	0.03%	0.03%	0.03%
SNAP	F	0.02%	0.0%	0.0%
SNOW	F	0.08%	0.0%	0.0%
SNPS	D	0.15%	0.11%	0.11%
SO	B	0.2%	0.47%	0.2%
SPG	B	0.11%	0.02%	0.02%
SPGI	B	0.34%	0.04%	0.04%
SQ	D	0.07%	0.01%	0.01%
SRE	C	0.11%	0.03%	0.03%
SSNC	B	0.03%	0.01%	0.01%
STE	C	0.05%	0.01%	0.01%
STLD	F	0.03%	0.02%	0.02%
STT	A	0.05%	0.03%	0.03%
STX	C	0.04%	0.01%	0.01%
STZ	D	0.08%	0.01%	0.01%
SUI	B	0.04%	0.01%	0.01%
SW	B	0.04%	0.02%	0.02%
SWK	B	0.03%	0.01%	0.01%
SWKS	D	0.03%	0.03%	0.03%
SYF	C	0.04%	0.03%	0.03%
SYK	C	0.27%	0.03%	0.03%
SYY	D	0.08%	0.03%	0.03%
T	C	0.32%	0.37%	0.32%
TAP	D	0.02%	0.01%	0.01%
TDG	B	0.15%	0.01%	0.01%
TDY	B	0.04%	0.05%	0.04%
TECH	C	0.02%	0.0%	0.0%
TEL	D	0.09%	0.08%	0.08%
TER	D	0.04%	0.03%	0.03%
TFC	C	0.12%	0.08%	0.08%
TFX	C	0.02%	0.01%	0.01%
TGT	C	0.14%	0.14%	0.14%
TJX	B	0.28%	0.35%	0.28%
TMO	B	0.5%	0.07%	0.07%
TMUS	C	0.16%	0.64%	0.16%
TPL	B	0.03%	0.03%	0.03%
TRGP	B	0.07%	0.03%	0.03%
TRMB	C	0.03%	0.0%	0.0%
TROW	D	0.05%	0.05%	0.05%
TRU	B	0.04%	0.01%	0.01%
TRV	C	0.11%	0.27%	0.11%
TSCO	C	0.06%	0.05%	0.05%
TSLA	C	1.31%	0.11%	0.11%
TSN	C	0.04%	0.14%	0.04%
TT	B	0.16%	0.13%	0.13%
TTD	B	0.09%	0.0%	0.0%
TTWO	C	0.05%	0.01%	0.01%
TWLO	D	0.02%	0.0%	0.0%
TXN	C	0.38%	0.49%	0.38%
TXT	D	0.03%	0.01%	0.01%
TYL	C	0.05%	0.0%	0.0%
UBER	C	0.29%	0.01%	0.01%
UDR	C	0.03%	0.0%	0.0%
UHS	B	0.03%	0.01%	0.01%
ULTA	D	0.04%	0.07%	0.04%
UNH	C	1.15%	1.36%	1.15%
UNP	C	0.32%	0.28%	0.28%
UPS	D	0.2%	0.07%	0.07%
URI	B	0.1%	0.02%	0.02%
USB	B	0.15%	0.08%	0.08%
V	C	0.94%	1.12%	0.94%
VEEV	C	0.07%	0.05%	0.05%
VICI	C	0.07%	0.02%	0.02%
VLO	F	0.09%	0.07%	0.07%
VLTO	C	0.05%	0.05%	0.05%
VMC	D	0.06%	0.01%	0.01%
VRSK	D	0.08%	0.01%	0.01%
VRSN	D	0.03%	0.14%	0.03%
VRT	C	0.06%	0.0%	0.0%
VRTX	D	0.25%	0.44%	0.25%
VST	C	0.05%	0.01%	0.01%
VTR	C	0.05%	0.01%	0.01%
VTRS	D	0.03%	0.03%	0.03%
VZ	B	0.38%	0.61%	0.38%
WAB	B	0.06%	0.01%	0.01%
WAT	C	0.04%	0.04%	0.04%
WBA	F	0.01%	0.04%	0.01%
WBD	D	0.03%	0.05%	0.03%
WDAY	D	0.11%	0.04%	0.04%
WDC	D	0.04%	0.01%	0.01%
WEC	C	0.06%	0.2%	0.06%
WELL	C	0.16%	0.02%	0.02%
WFC	D	0.39%	0.2%	0.2%
WLK	D	0.01%	0.0%	0.0%
WM	D	0.16%	0.5%	0.16%
WMB	B	0.11%	0.15%	0.11%
WMT	C	0.71%	0.72%	0.71%
WPC	C	0.03%	0.01%	0.01%
WRB	C	0.04%	0.14%	0.04%
WSO	C	0.03%	0.03%	0.03%
WST	D	0.05%	0.03%	0.03%
WTW	C	0.06%	0.07%	0.06%
WY	C	0.05%	0.02%	0.02%
WYNN	D	0.02%	0.0%	0.0%
XEL	B	0.07%	0.08%	0.07%
XOM	C	1.04%	0.44%	0.44%
XYL	C	0.07%	0.01%	0.01%
YUM	D	0.08%	0.15%	0.08%
Z	B	0.02%	0.0%	0.0%
ZBH	F	0.05%	0.01%	0.01%
ZBRA	B	0.04%	0.01%	0.01%
ZM	C	0.03%	0.01%	0.01%
ZTS	C	0.18%	0.16%	0.16%

BBUS Overweight 16 Positions Relative to QWLD

Symbol	Grade	Weight
ALNY	C	0.07%
CPNG	B	0.06%
MTD	D	0.06%
HUBS	D	0.05%
TEAM	D	0.05%
MDB	D	0.04%
RGA	C	0.03%
ZS	F	0.03%
UAL	C	0.03%
SCCO	D	0.02%
EWBC	D	0.02%
FLEX	C	0.02%
AGR	B	0.01%
NWS	D	0.01%
ZG	B	0.01%
U	D	0.01%

BBUS Underweight 82 Positions Relative to QWLD

Symbol	Grade	Weight
NVS	C	-0.89%
UL	C	-0.3%
WCN	D	-0.28%
CBOE	C	-0.26%
MFG	D	-0.2%
CHKP	B	-0.19%
ERIE	B	-0.15%
TD	B	-0.14%
UTHR	C	-0.14%
TM	F	-0.14%
E	C	-0.13%
DEO	C	-0.12%
MUFG	D	-0.12%
CNI	D	-0.11%
BCS	B	-0.1%
SMFG	D	-0.09%
STLA	F	-0.09%
LYG	B	-0.09%
HMC	D	-0.08%
SONY	C	-0.08%
AIZ	B	-0.07%
LOGI	D	-0.06%
BTI	C	-0.05%
DINO	F	-0.05%
WSM	D	-0.04%
MANH	B	-0.04%
MT	D	-0.04%
CSL	B	-0.03%
SOLV	C	-0.03%
EME	B	-0.03%
NMR	D	-0.02%
MKTX	C	-0.02%
CHK	D	-0.02%
TTC	D	-0.02%
OVV	F	-0.02%
AOS	D	-0.02%
AER	B	-0.02%
NDSN	C	-0.02%
GGG	C	-0.02%
DKS	D	-0.02%
AMH	C	-0.01%
OTEX	D	-0.01%
RPM	B	-0.01%
WTRG	D	-0.01%
CTLT	B	-0.01%
UHAL	A	-0.01%
DVA	B	-0.01%
GLPI	C	-0.01%
MBAVU	C	-0.01%
ACM	B	-0.01%
HSIC	C	-0.01%
SE	B	-0.01%
CCEP	B	-0.01%
AGCO	D	-0.01%
CHRD	F	-0.01%
KNX	C	-0.01%
WFG	B	-0.01%
CHRW	B	-0.01%
JBL	D	-0.01%
ALLY	F	-0.01%
PARA	F	-0.01%
SEIC	C	-0.01%
RS	D	-0.01%
GLBE	C	-0.0%
IOT	B	-0.0%
TOST	C	-0.0%
XRX	D	-0.0%
FUTU	D	-0.0%
DKNG	C	-0.0%
MSTR	D	-0.0%
H	C	-0.0%
PSTG	F	-0.0%
GRAB	C	-0.0%
APP	C	-0.0%
HOOD	C	-0.0%
ROKU	C	-0.0%
TW	B	-0.0%
BBWI	F	-0.0%
RIVN	F	-0.0%
MTCH	C	-0.0%
QGEN	C	-0.0%
BIO	C	-0.0%