BTAL vs. LGLV ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

$19.89

Average Daily Volume

706,428

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$168.92

Average Daily Volume

31,274

Number of Holdings ^*

159

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	LGLV
30 Days	-3.31%	1.34%
60 Days	-3.49%	7.79%
90 Days	2.37%	11.53%
12 Months	-2.02%	30.14%

73 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in LGLV	Overlap
ACN	B	0.43%	0.42%	0.42%
ADC	C	0.43%	0.27%	0.27%
ADP	A	0.43%	0.7%	0.43%
AEE	A	0.45%	0.84%	0.45%
AIZ	B	0.42%	0.37%	0.37%
AKAM	D	0.42%	0.42%	0.42%
ALL	A	0.44%	0.8%	0.44%
AMCR	C	0.42%	0.59%	0.42%
AON	A	0.42%	0.66%	0.42%
AVB	C	0.43%	1.1%	0.43%
AZO	D	0.31%	0.5%	0.31%
BMY	A	0.47%	0.69%	0.47%
BRO	A	0.43%	0.81%	0.43%
CACI	A	0.46%	0.4%	0.4%
CB	A	0.44%	0.75%	0.44%
CHE	D	0.42%	0.32%	0.32%
CHRW	C	0.44%	0.46%	0.44%
CME	A	0.45%	0.81%	0.45%
CMS	A	0.45%	0.75%	0.45%
CSCO	A	0.44%	0.49%	0.44%
CSGP	F	-0.42%	0.36%	-0.42%
DLB	D	0.45%	0.26%	0.26%
DOX	B	0.44%	0.37%	0.37%
DUK	C	0.44%	1.14%	0.44%
ED	C	0.44%	1.01%	0.44%
ELS	D	0.41%	0.49%	0.41%
EQR	C	0.42%	1.06%	0.42%
ETN	B	-0.46%	0.59%	-0.46%
FOXA	B	0.43%	0.55%	0.43%
GD	C	0.43%	0.75%	0.43%
GIS	C	0.44%	1.25%	0.44%
HON	C	0.41%	0.56%	0.41%
IBM	A	0.47%	0.66%	0.47%
J	F	0.38%	0.71%	0.38%
JNJ	D	0.42%	1.05%	0.42%
KMI	A	0.45%	0.67%	0.45%
L	C	0.41%	0.53%	0.41%
LMT	A	0.43%	0.85%	0.43%
LNG	A	0.43%	0.37%	0.37%
MCD	A	0.43%	0.87%	0.43%
MCK	F	0.39%	0.62%	0.39%
MKL	B	0.47%	0.72%	0.47%
MMC	D	0.4%	0.91%	0.4%
MSA	F	0.4%	0.24%	0.24%
MSFT	D	0.42%	0.7%	0.42%
MSI	A	0.45%	0.76%	0.45%
NEU	F	0.44%	0.14%	0.14%
NOC	B	0.43%	0.75%	0.43%
ORI	A	0.42%	0.33%	0.33%
ORLY	A	0.47%	0.51%	0.47%
PAYX	B	0.45%	0.64%	0.45%
PCAR	D	0.43%	0.49%	0.43%
PGR	B	0.44%	1.01%	0.44%
PKG	B	0.43%	0.69%	0.43%
RLI	A	0.44%	0.23%	0.23%
ROP	D	0.44%	0.58%	0.44%
RSG	D	0.4%	1.03%	0.4%
RYAN	A	0.45%	0.52%	0.45%
SAIC	A	0.46%	0.26%	0.26%
SIGI	D	0.44%	0.2%	0.2%
T	B	0.47%	0.69%	0.47%
TJX	D	0.41%	0.65%	0.41%
TRV	B	0.45%	0.8%	0.45%
UNH	B	0.42%	0.77%	0.42%
VRSN	C	0.44%	0.51%	0.44%
VZ	C	0.46%	0.97%	0.46%
WEC	B	0.44%	0.98%	0.44%
WM	B	0.42%	0.83%	0.42%
WRB	C	0.41%	0.62%	0.41%
WTW	C	0.42%	0.67%	0.42%
XEL	C	0.45%	1.15%	0.45%
XOM	A	0.43%	0.31%	0.31%
YUM	C	0.44%	0.41%	0.41%

BTAL Overweight 318 Positions Relative to LGLV

Symbol	Grade	Weight
MSTR	B	0.5%
ERIE	A	0.49%
FFIV	B	0.47%
BWXT	A	0.47%
RNR	A	0.47%
IBKR	A	0.47%
MDU	C	0.46%
HEI	C	0.46%
TGNA	B	0.46%
UNM	A	0.46%
SFM	A	0.46%
GILD	A	0.46%
VFC	A	0.46%
SBRA	C	0.46%
THG	A	0.45%
CCK	C	0.45%
CDP	A	0.45%
KR	C	0.45%
TDY	A	0.45%
WELL	C	0.45%
TXRH	A	0.45%
ARMK	C	0.45%
ALSN	A	0.45%
DD	C	0.45%
PNM	B	0.45%
CF	A	0.45%
AXS	A	0.44%
ACGL	A	0.44%
CHH	A	0.44%
PAYC	D	0.44%
RTX	A	0.44%
PCTY	C	0.44%
MKC	C	0.44%
HIG	A	0.44%
HQY	B	0.44%
RGA	B	0.44%
EG	A	0.44%
LNT	B	0.44%
SNA	C	0.44%
EDR	A	0.44%
NWL	D	0.44%
BKR	B	0.44%
BWA	C	0.44%
DRI	C	0.44%
CW	A	0.44%
GLW	C	0.44%
OLLI	C	0.43%
UTHR	C	0.43%
SLGN	B	0.43%
CHD	D	0.43%
CBOE	B	0.43%
CSX	D	0.43%
CINF	A	0.43%
WH	C	0.43%
OHI	C	0.43%
ZI	F	0.43%
NEM	C	0.43%
FTNT	A	0.43%
CMG	C	0.43%
WEN	B	0.43%
WPC	C	0.43%
FOXF	F	0.43%
FCN	C	0.43%
DBX	C	0.43%
MSM	D	0.43%
PNW	C	0.43%
HPQ	B	0.42%
KO	C	0.42%
CLH	B	0.42%
VICI	C	0.42%
ABBV	C	0.42%
ASGN	D	0.42%
CTSH	B	0.42%
FLO	D	0.42%
PFE	D	0.42%
AMGN	D	0.42%
LPLA	D	0.42%
G	A	0.42%
TMUS	A	0.42%
JNPR	C	0.42%
DGX	D	0.42%
O	C	0.42%
FMC	C	0.42%
COLM	B	0.42%
REG	C	0.42%
GLPI	C	0.42%
MTCH	B	0.42%
CXT	F	0.41%
CPB	D	0.41%
KHC	F	0.41%
GPC	D	0.41%
KBR	A	0.41%
ELV	F	0.41%
AVT	B	0.41%
ARW	C	0.41%
MAN	D	0.41%
BG	F	0.41%
HRB	C	0.41%
TXT	F	0.41%
CI	D	0.41%
VTRS	D	0.41%
ON	F	0.4%
TNET	D	0.4%
JAZZ	F	0.4%
PAG	D	0.4%
SNX	C	0.4%
MOH	F	0.4%
COR	F	0.4%
BILL	D	0.4%
ST	F	0.39%
CNC	F	0.39%
MUSA	D	0.39%
OXY	D	0.39%
MOS	F	0.39%
LULU	D	0.39%
DVN	F	0.38%
DECK	B	0.38%
CFLT	F	0.38%
X	F	0.38%
FANG	D	0.38%
MUR	F	0.38%
SRPT	F	0.37%
AGL	F	0.36%
WTM	C	0.35%
BMRN	F	0.32%
HUM	F	0.3%
BRZE	F	-0.3%
ELF	F	-0.3%
RIVN	F	-0.31%
CNXC	F	-0.31%
WOLF	F	-0.32%
CELH	F	-0.33%
ALLY	F	-0.34%
MRNA	F	-0.34%
OPEN	F	-0.34%
SMCI	F	-0.34%
RUN	D	-0.35%
COIN	F	-0.35%
NTLA	F	-0.35%
ARWR	F	-0.35%
SEDG	F	-0.36%
DKS	D	-0.37%
CNM	F	-0.37%
MPWR	B	-0.37%
NVCR	F	-0.37%
GH	F	-0.37%
MKSI	F	-0.38%
RMBS	F	-0.38%
ENPH	F	-0.38%
TXG	F	-0.38%
MTDR	D	-0.38%
KMX	F	-0.38%
DAR	F	-0.38%
ZS	F	-0.38%
RIG	F	-0.38%
WBA	F	-0.39%
XPO	F	-0.39%
APG	F	-0.39%
AMKR	F	-0.39%
SNV	D	-0.4%
F	D	-0.4%
ZION	D	-0.4%
EW	F	-0.4%
OC	C	-0.4%
DINO	F	-0.4%
RKT	D	-0.4%
NVDA	B	-0.4%
OZK	D	-0.41%
EFX	D	-0.41%
PLD	D	-0.41%
SHLS	F	-0.41%
BBWI	F	-0.41%
PTON	C	-0.41%
TER	C	-0.41%
GTLS	D	-0.41%
LRCX	D	-0.41%
PATH	D	-0.41%
TGT	C	-0.41%
PENN	D	-0.41%
PEN	D	-0.41%
CRL	F	-0.41%
ROIV	D	-0.41%
COTY	F	-0.41%
CFG	C	-0.41%
LNC	B	-0.41%
ELAN	D	-0.41%
CRSP	F	-0.41%
PNFP	B	-0.41%
CHX	C	-0.42%
TROW	D	-0.42%
RF	B	-0.42%
RBLX	D	-0.42%
SQ	D	-0.42%
RGEN	F	-0.42%
NET	D	-0.42%
POWI	F	-0.42%
USB	C	-0.42%
DELL	C	-0.43%
ARE	D	-0.43%
RMD	C	-0.43%
UBER	C	-0.43%
MU	D	-0.43%
ALGN	D	-0.43%
THO	C	-0.43%
AGNC	B	-0.43%
SOFI	C	-0.43%
CAR	D	-0.43%
SCHW	D	-0.43%
NTRS	B	-0.43%
UGI	C	-0.43%
KSS	D	-0.43%
WMS	D	-0.43%
CCL	C	-0.44%
CWEN	C	-0.44%
SSD	B	-0.44%
GME	D	-0.44%
WAL	C	-0.44%
MRVL	C	-0.44%
HHH	C	-0.44%
TFX	C	-0.44%
KRC	C	-0.44%
TREX	D	-0.44%
AWK	D	-0.44%
SEE	C	-0.44%
IDXX	D	-0.44%
GNRC	B	-0.44%
NVT	C	-0.44%
VEEV	C	-0.44%
WCC	D	-0.44%
JHG	A	-0.44%
CC	D	-0.44%
CE	D	-0.44%
AXTA	C	-0.44%
DAY	C	-0.45%
HOOD	B	-0.45%
USFD	C	-0.45%
RYN	C	-0.45%
PWR	A	-0.45%
RRC	D	-0.45%
CRWD	D	-0.45%
PINS	D	-0.45%
PFGC	A	-0.45%
AMD	C	-0.45%
EL	D	-0.45%
TTD	A	-0.45%
NWE	C	-0.45%
ILMN	B	-0.45%
MGM	D	-0.45%
AVGO	B	-0.45%
D	A	-0.45%
EXPE	B	-0.45%
BLD	D	-0.45%
CMA	C	-0.45%
IOT	C	-0.46%
LAMR	C	-0.46%
ITT	C	-0.46%
TOL	C	-0.46%
LYFT	D	-0.46%
FND	C	-0.46%
NTRA	A	-0.46%
MDB	D	-0.46%
PYPL	A	-0.46%
BXP	B	-0.46%
BX	C	-0.46%
JLL	C	-0.46%
CG	B	-0.46%
SHW	C	-0.46%
ROKU	C	-0.46%
DKNG	C	-0.46%
ALB	D	-0.46%
Z	C	-0.47%
BLDR	C	-0.47%
AR	C	-0.47%
ANET	A	-0.47%
TRU	C	-0.47%
TT	A	-0.47%
KKR	A	-0.47%
CBRE	C	-0.47%
FOUR	A	-0.47%
EXP	C	-0.48%
EQT	C	-0.48%
CVNA	A	-0.48%
FCX	B	-0.48%
URI	C	-0.48%
OWL	A	-0.48%
CARR	A	-0.48%
LPX	C	-0.48%
INTC	D	-0.48%
DASH	A	-0.48%
SAIA	D	-0.48%
FBIN	C	-0.48%
TOST	B	-0.48%
NRG	A	-0.48%
VNO	B	-0.49%
AES	C	-0.49%
SNAP	D	-0.49%
AA	B	-0.49%
AXON	A	-0.49%
COHR	B	-0.49%
CZR	B	-0.49%
LITE	A	-0.49%
TSLA	C	-0.5%
DNLI	C	-0.5%
TPG	A	-0.5%
DAL	C	-0.51%
LYV	A	-0.51%
W	C	-0.52%
FYBR	C	-0.52%
PLTR	A	-0.52%
PODD	C	-0.52%
AFRM	C	-0.52%
SMG	C	-0.53%
TDOC	D	-0.53%
RH	C	-0.54%
VRT	B	-0.55%
DUOL	B	-0.58%
CEG	A	-0.59%
VST	A	-0.63%

BTAL Underweight 86 Positions Relative to LGLV

Symbol	Grade	Weight
CL	D	-1.43%
WMT	A	-1.29%
PEP	F	-1.29%
LIN	C	-1.23%
PEG	A	-1.14%
PSA	C	-1.12%
APD	C	-1.1%
SO	A	-1.06%
PG	D	-1.05%
DTE	B	-0.95%
BRK.A	B	-0.94%
AMT	D	-0.93%
VMC	D	-0.92%
EQIX	C	-0.91%
K	B	-0.84%
AJG	C	-0.82%
NDAQ	C	-0.82%
INVH	D	-0.8%
MMM	C	-0.79%
BDX	C	-0.76%
BAH	C	-0.75%
ICE	A	-0.72%
AFL	A	-0.72%
MAA	D	-0.71%
COST	C	-0.71%
CHKP	A	-0.69%
OTIS	A	-0.68%
MDT	C	-0.64%
AVY	D	-0.64%
FDS	C	-0.64%
MRK	F	-0.63%
TYL	D	-0.63%
ORCL	A	-0.63%
ABT	C	-0.63%
SUI	D	-0.62%
GRMN	D	-0.61%
EA	D	-0.61%
IEX	D	-0.58%
V	B	-0.58%
TXN	C	-0.58%
NI	A	-0.56%
UDR	C	-0.55%
VRSK	D	-0.55%
TSCO	A	-0.54%
FAST	C	-0.52%
GGG	C	-0.52%
BR	B	-0.52%
HD	A	-0.52%
CASY	D	-0.51%
ITW	C	-0.51%
UNP	F	-0.51%
GOOGL	B	-0.5%
CPT	C	-0.49%
AMH	D	-0.49%
ROL	C	-0.49%
AME	C	-0.49%
CNA	D	-0.48%
NDSN	C	-0.48%
WMB	A	-0.46%
JKHY	A	-0.45%
NVR	C	-0.45%
SBUX	B	-0.44%
CMCSA	B	-0.43%
FTV	C	-0.42%
HLI	A	-0.41%
SCI	D	-0.41%
LOW	C	-0.4%
ATR	A	-0.38%
GL	C	-0.37%
EGP	D	-0.33%
TTC	F	-0.33%
GPK	D	-0.32%
DCI	B	-0.32%
CHK	C	-0.31%
CVX	B	-0.3%
CBSH	D	-0.28%
FR	D	-0.28%
DTM	A	-0.28%
SEIC	B	-0.27%
GNTX	D	-0.26%
LSTR	F	-0.24%
DG	F	-0.23%
MMS	C	-0.21%
CWST	D	-0.21%
SON	D	-0.19%
SOLV	C	-0.1%