BTAL vs. FLCG ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Federated Hermes MDT Large Cap Growth ETF (FLCG)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$18.97

Average Daily Volume

467,825

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

FLCG

Federated Hermes MDT Large Cap Growth ETF

FLCG Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.30

Average Daily Volume

2,138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	FLCG
30 Days	-2.59%	3.81%
60 Days	-1.84%	6.85%
90 Days	-2.74%	10.48%
12 Months	-5.88%

37 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in FLCG	Overlap
ABBV	F	0.36%	1.29%	0.36%
ADP	A	0.46%	0.05%	0.05%
ALGN	D	-0.43%	0.1%	-0.43%
ALLY	C	-0.37%	0.04%	-0.37%
ALSN	B	0.56%	0.93%	0.56%
AMGN	F	0.37%	0.71%	0.37%
ANET	C	-0.46%	2.13%	-0.46%
AVGO	D	-0.45%	0.32%	-0.45%
AZO	C	0.33%	0.13%	0.13%
CI	D	0.4%	0.25%	0.25%
CMG	B	0.45%	0.0%	0.0%
COR	B	0.45%	0.8%	0.45%
CVNA	B	-0.68%	0.11%	-0.68%
DASH	B	-0.59%	0.76%	-0.59%
DELL	B	-0.53%	0.69%	-0.53%
DUOL	A	-0.63%	0.02%	-0.63%
ELV	F	0.33%	0.07%	0.07%
FMC	D	0.37%	0.06%	0.06%
FTNT	C	0.52%	1.86%	0.52%
ILMN	C	-0.43%	0.49%	-0.43%
LRCX	F	-0.36%	0.04%	-0.36%
LYV	A	-0.62%	0.19%	-0.62%
MSFT	D	0.43%	9.63%	0.43%
MUSA	B	0.43%	0.29%	0.29%
NVDA	B	-0.48%	9.38%	-0.48%
ORLY	B	0.5%	0.63%	0.5%
PAYC	B	0.59%	0.8%	0.59%
PAYX	B	0.47%	0.04%	0.04%
PGR	A	0.45%	0.64%	0.45%
PLTR	B	-0.87%	0.0%	-0.87%
RYAN	A	0.47%	0.31%	0.31%
TJX	A	0.43%	0.39%	0.39%
TSLA	B	-0.7%	1.07%	-0.7%
TT	A	-0.51%	0.2%	-0.51%
UBER	F	-0.42%	0.14%	-0.42%
VRT	B	-0.67%	0.9%	-0.67%
ZI	D	0.43%	0.1%	0.1%

BTAL Overweight 355 Positions Relative to FLCG

Symbol	Grade	Weight
MSTR	B	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
HQY	A	0.58%
UNM	A	0.57%
KMI	A	0.56%
CFLT	B	0.56%
SNA	A	0.55%
NWL	C	0.54%
BKR	A	0.53%
PCTY	C	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
TRV	B	0.52%
FFIV	B	0.52%
TXRH	B	0.51%
MSI	B	0.51%
RLI	A	0.51%
PCAR	B	0.51%
MCK	A	0.51%
THG	A	0.51%
LNG	A	0.51%
BMY	B	0.51%
WELL	A	0.5%
CHH	A	0.5%
XEL	A	0.5%
PNM	B	0.5%
T	A	0.5%
CSCO	B	0.49%
AEE	A	0.49%
CINF	A	0.49%
G	B	0.49%
TMUS	B	0.49%
PKG	A	0.49%
GILD	C	0.49%
ALL	A	0.48%
VFC	C	0.48%
SIGI	C	0.48%
FOXA	A	0.48%
RGA	A	0.48%
VTRS	A	0.48%
LULU	C	0.48%
AIZ	A	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
DBX	B	0.47%
CHD	A	0.47%
GLW	B	0.47%
CME	B	0.47%
AON	A	0.47%
HON	C	0.47%
HEI	A	0.47%
KR	B	0.47%
CW	C	0.47%
EDR	A	0.46%
DRI	B	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
LNT	A	0.46%
CF	A	0.46%
WEC	A	0.46%
ORI	A	0.46%
UTHR	C	0.45%
WRB	A	0.45%
CB	C	0.45%
CSX	C	0.45%
REG	A	0.45%
AVB	B	0.45%
ARMK	B	0.45%
WM	B	0.45%
IBM	C	0.45%
HIG	B	0.45%
ADC	A	0.45%
DGX	A	0.45%
WTW	B	0.45%
HPQ	B	0.45%
L	A	0.45%
ROP	B	0.45%
PNW	A	0.45%
CHRW	B	0.45%
XOM	B	0.44%
JAZZ	B	0.44%
ACN	B	0.44%
DECK	A	0.44%
EQR	C	0.44%
CMS	C	0.44%
BWA	D	0.44%
CDP	C	0.44%
VZ	C	0.44%
NEU	D	0.44%
CBOE	C	0.43%
DOX	D	0.43%
VRSN	C	0.43%
UNH	B	0.43%
DLB	B	0.43%
CLH	C	0.43%
CTSH	B	0.43%
YUM	D	0.43%
DD	C	0.43%
RTX	D	0.43%
X	B	0.43%
RSG	A	0.43%
OHI	C	0.43%
ELS	C	0.43%
CCK	D	0.43%
DUK	C	0.43%
MSM	C	0.43%
COLM	C	0.43%
FLO	D	0.42%
AVT	C	0.42%
VICI	C	0.42%
JNJ	C	0.42%
MMC	B	0.42%
CACI	D	0.42%
CXT	C	0.42%
ED	C	0.42%
GLPI	C	0.42%
MCD	D	0.42%
EG	C	0.42%
HRB	D	0.41%
J	D	0.41%
WPC	C	0.41%
SNX	D	0.41%
MKC	C	0.41%
OLLI	D	0.41%
GD	D	0.41%
PAG	B	0.41%
BG	D	0.4%
SAIC	F	0.4%
CHE	D	0.4%
MSA	F	0.4%
NOC	D	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	C	0.39%
O	C	0.39%
JNPR	D	0.39%
FANG	C	0.39%
KHC	F	0.38%
CPB	D	0.38%
ON	D	0.38%
ACGL	C	0.38%
GIS	D	0.38%
ERIE	D	0.38%
OXY	D	0.38%
MOS	F	0.38%
LMT	D	0.38%
FCN	F	0.38%
MAN	F	0.37%
KBR	F	0.37%
ARW	D	0.37%
KO	D	0.37%
GPC	D	0.37%
TNET	F	0.37%
PFE	F	0.37%
DVN	F	0.37%
MUR	D	0.37%
ST	F	0.36%
MOH	F	0.36%
AKAM	D	0.36%
NEM	D	0.35%
MTCH	D	0.35%
FOXF	F	0.35%
HUM	C	0.34%
MDU	D	0.32%
CNC	D	0.32%
SRPT	F	0.32%
BMRN	F	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
CNXC	F	-0.23%
ENPH	F	-0.23%
MPWR	F	-0.24%
CE	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
CELH	F	-0.29%
RIVN	F	-0.3%
OPEN	F	-0.3%
EL	F	-0.31%
TER	F	-0.33%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	D	-0.35%
AES	F	-0.35%
TFX	F	-0.36%
DKS	D	-0.37%
WMS	F	-0.37%
RGEN	D	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
PLD	F	-0.39%
IDXX	F	-0.39%
KSS	F	-0.39%
ELAN	D	-0.39%
PINS	F	-0.4%
WBA	F	-0.4%
ARE	F	-0.4%
FND	D	-0.4%
MKSI	C	-0.4%
AMD	F	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
FBIN	D	-0.41%
ROIV	C	-0.41%
AGNC	C	-0.41%
W	D	-0.41%
POWI	F	-0.41%
CRL	D	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
AWK	C	-0.42%
FCX	F	-0.42%
CZR	F	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
PATH	C	-0.43%
SSD	F	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
BLDR	D	-0.44%
F	C	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
UGI	C	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	C	-0.44%
TGT	F	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	C	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
OC	A	-0.46%
SMG	C	-0.46%
VEEV	C	-0.46%
BXP	C	-0.46%
LAMR	C	-0.46%
ZS	B	-0.46%
KRC	B	-0.46%
JLL	D	-0.46%
PENN	C	-0.46%
TOL	B	-0.47%
ROKU	D	-0.47%
HHH	B	-0.47%
SHW	B	-0.47%
TROW	B	-0.48%
LNC	C	-0.48%
AXTA	B	-0.49%
OZK	B	-0.49%
USFD	A	-0.49%
PFGC	B	-0.49%
ITT	A	-0.49%
NRG	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	D	-0.49%
USB	A	-0.49%
CFG	B	-0.49%
NVT	B	-0.49%
RF	A	-0.5%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	B	-0.51%
PWR	A	-0.51%
GNRC	C	-0.51%
CBRE	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	C	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
ETN	A	-0.52%
IOT	A	-0.52%
URI	C	-0.52%
VNO	C	-0.52%
PYPL	B	-0.52%
ALB	B	-0.52%
ZION	B	-0.53%
MDB	B	-0.53%
AR	B	-0.53%
JHG	B	-0.53%
EXP	B	-0.53%
RH	C	-0.53%
FYBR	C	-0.53%
DKNG	B	-0.53%
INTC	C	-0.54%
SNV	C	-0.54%
BLK	B	-0.54%
FOUR	A	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	B	-0.54%
CG	B	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	A	-0.56%
SCHW	B	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	A	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	A	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
SAIA	B	-0.59%
SQ	A	-0.6%
LITE	B	-0.62%
CCL	A	-0.63%
LYFT	C	-0.65%
DAL	B	-0.68%
PTON	A	-0.69%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
VST	A	-0.76%
SOFI	B	-0.79%
AFRM	A	-0.84%

BTAL Underweight 56 Positions Relative to FLCG

Symbol	Grade	Weight
AAPL	C	-11.09%
GOOGL	C	-6.78%
AMZN	C	-5.58%
META	D	-4.06%
AMP	A	-2.67%
GDDY	A	-2.61%
COST	A	-2.4%
QCOM	F	-2.36%
SPOT	B	-2.34%
VLTO	C	-2.17%
NTNX	B	-1.65%
AMAT	F	-1.39%
APP	B	-1.31%
WING	D	-1.15%
MA	B	-1.14%
LLY	F	-1.12%
SN	D	-1.04%
ADBE	C	-0.95%
NOW	A	-0.9%
ORCL	A	-0.89%
RCL	A	-0.77%
EBAY	D	-0.7%
KMB	C	-0.69%
DDOG	A	-0.64%
NFLX	A	-0.61%
CRM	B	-0.55%
MRK	D	-0.52%
PPG	F	-0.49%
ZM	C	-0.47%
INCY	C	-0.38%
INTU	B	-0.35%
PEGA	B	-0.33%
VRTX	D	-0.32%
STNE	F	-0.27%
WU	F	-0.26%
ZTS	D	-0.25%
PANW	B	-0.22%
HUBS	A	-0.21%
MSCI	C	-0.18%
REGN	F	-0.12%
AYI	B	-0.09%
GTLB	B	-0.09%
CAH	B	-0.08%
MCO	B	-0.07%
GEHC	D	-0.07%
ADSK	A	-0.07%
DPZ	C	-0.06%
BAX	F	-0.06%
NTAP	C	-0.04%
KLAC	F	-0.04%
NCLH	B	-0.04%
ULTA	F	-0.03%
PEP	F	-0.01%
ALNY	D	-0.01%
PSTG	D	-0.01%
ABNB	C	-0.0%