BTAL vs. SUSL ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to iShares ESG MSCI USA Leaders ETF (SUSL)

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

$19.56

Average Daily Volume

608,847

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

SUSL

iShares ESG MSCI USA Leaders ETF

SUSL Description

The investment seeks to track the investment results of the MSCI Japan Equal Weighted Index (USD) composed of equal weighted Japanese equities. The index is designed to represent an alternative weighting methodology to its market capitalization-weighted parent index, the MSCI Japan Index (the "parent index"). The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$100.62

Average Daily Volume

29,793

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	SUSL
30 Days	-3.07%	0.86%
60 Days	2.14%	1.25%
90 Days	-0.71%	3.02%
12 Months	-2.40%	33.51%

97 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in SUSL	Overlap
ACGL	B	0.43%	0.16%	0.16%
ACN	C	0.42%	0.81%	0.42%
ADP	B	0.42%	0.44%	0.42%
AIZ	B	0.4%	0.04%	0.04%
AKAM	D	0.4%	0.06%	0.06%
ALGN	D	-0.45%	0.07%	-0.45%
ALL	B	0.44%	0.19%	0.19%
ALLY	D	-0.33%	0.04%	-0.33%
AMD	D	-0.42%	0.93%	-0.42%
AMGN	B	0.43%	0.68%	0.43%
AWK	C	-0.44%	0.11%	-0.44%
AXON	A	-0.46%	0.11%	-0.46%
AZO	D	0.31%	0.2%	0.2%
BBWI	F	-0.39%	0.02%	-0.39%
BG	D	0.41%	0.05%	0.05%
BKR	C	0.4%	0.13%	0.13%
BLK	B	-0.45%	0.51%	-0.45%
BMY	C	0.43%	0.38%	0.38%
BXP	B	-0.46%	0.05%	-0.46%
CARR	B	-0.45%	0.24%	-0.45%
CBOE	C	0.42%	0.09%	0.09%
CBRE	A	-0.44%	0.14%	-0.44%
CFG	C	-0.41%	0.07%	-0.41%
CHD	C	0.43%	0.1%	0.1%
CHRW	A	0.4%	0.05%	0.05%
CI	C	0.44%	0.39%	0.39%
CMS	B	0.43%	0.08%	0.08%
CPB	B	0.43%	0.04%	0.04%
CSX	D	0.42%	0.26%	0.26%
DAL	C	-0.47%	0.03%	-0.47%
DASH	B	-0.43%	0.15%	-0.43%
DAY	D	-0.43%	0.04%	-0.43%
DECK	D	0.37%	0.09%	0.09%
DGX	C	0.42%	0.07%	0.07%
DINO	F	-0.4%	0.03%	-0.4%
DRI	B	0.43%	0.07%	0.07%
ED	C	0.44%	0.14%	0.14%
ELV	C	0.44%	0.48%	0.44%
ENPH	D	-0.39%	0.06%	-0.39%
ETN	C	-0.43%	0.48%	-0.43%
EW	F	-0.42%	0.16%	-0.42%
FOXA	B	0.4%	0.04%	0.04%
GILD	B	0.45%	0.4%	0.4%
GIS	B	0.44%	0.16%	0.16%
GPC	D	0.4%	0.07%	0.07%
HIG	B	0.43%	0.13%	0.13%
HPQ	D	0.39%	0.13%	0.13%
HUM	F	0.38%	0.14%	0.14%
IBM	A	0.45%	0.75%	0.45%
IDXX	D	-0.46%	0.16%	-0.46%
INTC	F	-0.44%	0.35%	-0.44%
JNJ	C	0.43%	1.54%	0.43%
JNPR	A	0.41%	0.05%	0.05%
KMX	D	-0.39%	0.05%	-0.39%
KO	B	0.42%	1.13%	0.42%
KR	C	0.44%	0.14%	0.14%
LNG	C	0.42%	0.16%	0.16%
LPLA	F	0.37%	0.06%	0.06%
LRCX	F	-0.38%	0.38%	-0.38%
LULU	D	0.4%	0.12%	0.12%
MCD	B	0.41%	0.81%	0.41%
MKC	C	0.45%	0.08%	0.08%
MMC	C	0.41%	0.43%	0.41%
MOH	D	0.43%	0.08%	0.08%
MRVL	C	-0.45%	0.24%	-0.45%
MSFT	C	0.43%	11.77%	0.43%
NEM	B	0.42%	0.23%	0.23%
NRG	A	-0.41%	0.06%	-0.41%
NTRS	B	-0.43%	0.07%	-0.43%
NVDA	D	-0.38%	10.89%	-0.38%
OC	D	-0.38%	0.06%	-0.38%
ORLY	D	0.45%	0.25%	0.25%
PAYX	C	0.43%	0.17%	0.17%
PGR	A	0.43%	0.58%	0.43%
PLD	C	-0.42%	0.46%	-0.42%
PODD	B	-0.51%	0.06%	-0.51%
PWR	B	-0.41%	0.15%	-0.41%
PYPL	B	-0.42%	0.27%	-0.42%
RF	B	-0.41%	0.08%	-0.41%
RIVN	F	-0.38%	0.04%	-0.38%
SCHW	D	-0.42%	0.37%	-0.42%
TFX	C	-0.44%	0.04%	-0.44%
TGT	C	-0.41%	0.27%	-0.41%
TJX	C	0.42%	0.51%	0.42%
TROW	D	-0.41%	0.09%	-0.41%
TRU	B	-0.44%	0.07%	-0.44%
TRV	B	0.46%	0.21%	0.21%
TSLA	C	-0.45%	2.5%	-0.45%
TT	A	-0.44%	0.32%	-0.44%
URI	B	-0.44%	0.2%	-0.44%
USB	B	-0.41%	0.27%	-0.41%
VZ	B	0.45%	0.71%	0.45%
WBA	F	-0.4%	0.03%	-0.4%
WELL	C	0.45%	0.29%	0.29%
WTW	C	0.41%	0.11%	0.11%
YUM	F	0.41%	0.14%	0.14%
ZS	F	-0.38%	0.06%	-0.38%

BTAL Overweight 291 Positions Relative to SUSL

Symbol	Grade	Weight
SBRA	C	0.47%
T	C	0.47%
MKL	C	0.47%
ERIE	B	0.47%
WPC	C	0.45%
ARMK	C	0.45%
FFIV	B	0.45%
NEU	D	0.45%
NWL	D	0.45%
RNR	B	0.45%
ZI	D	0.45%
MDU	B	0.45%
PNW	B	0.44%
PNM	B	0.44%
PAYC	D	0.44%
SAIC	C	0.44%
REG	C	0.44%
CACI	B	0.44%
AVB	C	0.44%
MSI	B	0.44%
EQR	C	0.44%
ELS	C	0.44%
ROP	C	0.44%
THG	C	0.44%
XEL	B	0.44%
HEI	A	0.44%
UNM	B	0.43%
VFC	C	0.43%
EG	C	0.43%
MUSA	D	0.43%
VICI	C	0.43%
TDY	C	0.43%
PKG	B	0.43%
AXS	B	0.43%
HQY	C	0.43%
GD	B	0.43%
FLO	C	0.43%
OHI	C	0.43%
WEC	B	0.43%
SIGI	D	0.43%
CCK	A	0.43%
DUK	B	0.43%
LNT	B	0.43%
AEE	A	0.43%
PFE	C	0.43%
WEN	D	0.43%
OLLI	C	0.43%
CB	B	0.43%
CME	C	0.43%
SFM	B	0.43%
RGA	B	0.43%
ADC	C	0.43%
DD	B	0.42%
CSCO	B	0.42%
KMI	A	0.42%
HRB	C	0.42%
RYAN	C	0.42%
EDR	A	0.42%
VRSN	D	0.42%
FTNT	B	0.42%
O	C	0.42%
SLGN	B	0.42%
CTSH	C	0.42%
GLW	B	0.42%
WH	B	0.42%
AON	B	0.42%
FOXF	D	0.42%
PCAR	D	0.42%
VTRS	D	0.42%
ORI	B	0.42%
SNA	C	0.42%
TGNA	C	0.42%
GLPI	C	0.42%
IBKR	A	0.42%
COLM	C	0.42%
CINF	C	0.42%
FCN	C	0.42%
DBX	D	0.42%
DOX	C	0.42%
RLI	B	0.42%
CMG	C	0.42%
BRO	C	0.42%
TXRH	C	0.41%
PCTY	C	0.41%
HON	D	0.41%
MAN	C	0.41%
L	D	0.41%
MSA	D	0.41%
RSG	D	0.41%
CFLT	F	0.41%
ABBV	C	0.41%
TMUS	C	0.41%
UNH	C	0.41%
ASGN	D	0.41%
G	C	0.41%
MSM	D	0.41%
CHH	C	0.41%
UTHR	C	0.41%
TXT	D	0.41%
CLH	A	0.41%
MCK	F	0.41%
DLB	D	0.41%
AMCR	C	0.41%
CACC	F	0.41%
WM	D	0.41%
KHC	C	0.41%
NOC	A	0.41%
WRB	C	0.41%
RTX	C	0.41%
BWA	D	0.4%
X	D	0.4%
LMT	B	0.4%
TNET	F	0.4%
BWXT	C	0.4%
MSTR	D	0.4%
CHE	C	0.4%
ALSN	B	0.4%
J	C	0.4%
FMC	C	0.4%
CNC	C	0.4%
CW	A	0.4%
CF	C	0.4%
SNX	D	0.39%
AVT	C	0.39%
PAG	D	0.39%
MTCH	C	0.39%
JAZZ	D	0.39%
XOM	D	0.39%
ARW	C	0.39%
BILL	D	0.39%
MUR	F	0.38%
ST	D	0.38%
ON	F	0.38%
FANG	D	0.37%
DVN	D	0.37%
SRPT	D	0.37%
OXY	F	0.37%
KBR	D	0.37%
MOS	F	0.36%
WTM	D	0.34%
BMRN	F	0.32%
AGL	F	0.32%
WOLF	F	-0.28%
BRZE	F	-0.32%
ELF	F	-0.32%
CNM	F	-0.34%
COIN	F	-0.34%
CELH	F	-0.35%
MPWR	C	-0.35%
ARWR	F	-0.36%
DAR	F	-0.36%
SEDG	F	-0.36%
SMCI	F	-0.36%
MU	F	-0.37%
RMBS	F	-0.37%
MRNA	F	-0.37%
MTDR	F	-0.37%
CHX	D	-0.38%
RIG	F	-0.38%
DKS	D	-0.38%
GNRC	D	-0.38%
POWI	F	-0.38%
THO	D	-0.39%
TER	D	-0.39%
CE	F	-0.39%
CC	F	-0.39%
RUN	C	-0.39%
PEN	D	-0.39%
XPO	D	-0.39%
EL	F	-0.39%
LNC	D	-0.39%
AMKR	F	-0.39%
PINS	F	-0.39%
MKSI	F	-0.39%
CNXC	F	-0.39%
CAR	F	-0.39%
ZION	D	-0.4%
RGEN	F	-0.4%
ELAN	D	-0.4%
TXG	D	-0.4%
FCX	D	-0.4%
WMS	D	-0.4%
COHR	B	-0.4%
GTLS	F	-0.4%
NTLA	F	-0.4%
PTON	C	-0.41%
OZK	D	-0.41%
NET	D	-0.41%
ILMN	C	-0.41%
COTY	F	-0.41%
GH	D	-0.41%
CVNA	B	-0.41%
GME	D	-0.41%
PATH	D	-0.41%
F	F	-0.41%
PNFP	A	-0.41%
KSS	F	-0.41%
APG	D	-0.41%
MGM	D	-0.41%
EXPE	C	-0.41%
AR	D	-0.42%
AVGO	C	-0.42%
WCC	D	-0.42%
EFX	C	-0.42%
RKT	C	-0.42%
OPEN	D	-0.42%
JHG	B	-0.42%
NVCR	D	-0.42%
SMG	C	-0.42%
RRC	D	-0.42%
UBER	C	-0.42%
AXTA	C	-0.42%
SSD	C	-0.42%
SNV	C	-0.42%
SQ	D	-0.42%
ITT	B	-0.42%
NVT	D	-0.42%
CRSP	F	-0.42%
LITE	B	-0.42%
UGI	C	-0.42%
SEE	D	-0.42%
JLL	B	-0.43%
AGNC	B	-0.43%
WAL	B	-0.43%
OWL	C	-0.43%
EQT	D	-0.43%
LPX	B	-0.43%
CWEN	B	-0.43%
FOUR	C	-0.43%
TTD	B	-0.43%
CG	D	-0.43%
BLD	D	-0.43%
ANET	A	-0.43%
SNAP	F	-0.43%
TREX	F	-0.43%
PFGC	B	-0.43%
ALB	F	-0.43%
CRWD	D	-0.43%
CSGP	D	-0.43%
CRL	F	-0.43%
AA	D	-0.43%
HHH	C	-0.43%
LYFT	D	-0.43%
VST	A	-0.44%
NWE	B	-0.44%
RYN	C	-0.44%
USFD	B	-0.44%
D	B	-0.44%
CCL	C	-0.44%
RBLX	B	-0.44%
FND	C	-0.44%
KKR	A	-0.44%
PENN	C	-0.44%
HOOD	C	-0.44%
CZR	C	-0.44%
SOFI	C	-0.44%
CMA	A	-0.44%
KRC	B	-0.44%
DELL	C	-0.44%
CEG	A	-0.44%
TOST	A	-0.45%
LYV	B	-0.45%
VEEV	C	-0.45%
SHW	B	-0.45%
NTRA	B	-0.45%
ROKU	C	-0.45%
RMD	C	-0.45%
BLDR	C	-0.45%
TOL	B	-0.45%
AES	C	-0.46%
VNO	B	-0.46%
BX	B	-0.46%
Z	B	-0.46%
ARE	C	-0.46%
VRT	C	-0.46%
LAMR	A	-0.46%
DKNG	C	-0.46%
IOT	A	-0.47%
EXP	B	-0.47%
W	D	-0.47%
DUOL	A	-0.47%
TDOC	D	-0.48%
TPG	B	-0.48%
SAIA	D	-0.48%
SHLS	D	-0.5%
PLTR	A	-0.5%
DNLI	C	-0.51%
RH	B	-0.52%
FYBR	C	-0.52%
MDB	D	-0.52%
AFRM	C	-0.57%

BTAL Underweight 196 Positions Relative to SUSL

Symbol	Grade	Weight
GOOGL	D	-3.58%
GOOG	D	-3.1%
LLY	C	-2.8%
V	C	-1.76%
PG	C	-1.59%
MA	B	-1.59%
HD	A	-1.46%
MRK	D	-1.15%
CRM	D	-0.95%
PEP	D	-0.93%
LIN	B	-0.87%
ADBE	F	-0.87%
GE	A	-0.76%
NOW	A	-0.7%
DHR	C	-0.7%
TXN	C	-0.7%
INTU	C	-0.69%
CAT	B	-0.66%
DIS	D	-0.65%
SPGI	A	-0.64%
AMAT	D	-0.6%
AXP	B	-0.59%
CMCSA	D	-0.59%
UNP	C	-0.59%
LOW	A	-0.56%
BKNG	B	-0.52%
MS	C	-0.47%
AMT	C	-0.43%
PANW	C	-0.42%
DE	B	-0.4%
FI	A	-0.39%
NKE	D	-0.37%
ICE	C	-0.36%
MELI	B	-0.36%
UPS	F	-0.36%
ZTS	C	-0.34%
CL	C	-0.31%
EQIX	B	-0.31%
HCA	A	-0.3%
MCO	A	-0.3%
CTAS	C	-0.29%
CDNS	D	-0.29%
ITW	C	-0.29%
SNPS	D	-0.29%
PNC	A	-0.28%
MMM	A	-0.28%
ECL	A	-0.25%
APD	B	-0.25%
AFL	C	-0.23%
SLB	F	-0.23%
NXPI	D	-0.23%
CRH	A	-0.23%
ADSK	C	-0.22%
MPC	D	-0.22%
DHI	C	-0.22%
PSX	D	-0.21%
HLT	B	-0.21%
OKE	B	-0.21%
COF	A	-0.21%
WMB	B	-0.21%
TFC	D	-0.21%
DLR	B	-0.2%
CCI	C	-0.2%
BK	A	-0.2%
WDAY	D	-0.2%
SRE	B	-0.2%
JCI	B	-0.19%
FICO	B	-0.18%
FIS	B	-0.18%
KMB	D	-0.18%
IQV	D	-0.17%
VLO	F	-0.17%
GWW	A	-0.17%
AMP	B	-0.17%
KDP	B	-0.16%
RCL	A	-0.16%
CMI	C	-0.16%
FERG	D	-0.16%
COR	D	-0.16%
PRU	C	-0.16%
IR	C	-0.15%
ODFL	D	-0.15%
IT	A	-0.15%
EXC	B	-0.15%
A	C	-0.15%
EA	D	-0.14%
GEHC	C	-0.14%
MLM	D	-0.13%
EIX	C	-0.13%
IRM	B	-0.13%
NUE	F	-0.13%
DFS	B	-0.13%
NDAQ	A	-0.12%
CHTR	D	-0.12%
TRGP	B	-0.12%
XYL	D	-0.12%
EBAY	B	-0.12%
ANSS	D	-0.11%
BIIB	F	-0.11%
PHM	B	-0.11%
MTD	D	-0.11%
PPG	D	-0.11%
NVR	B	-0.11%
TSCO	C	-0.11%
ROK	F	-0.11%
LYB	F	-0.1%
TEAM	D	-0.1%
BR	D	-0.1%
TTWO	D	-0.1%
HAL	F	-0.1%
DOV	B	-0.1%
STT	B	-0.1%
SBAC	C	-0.1%
KEYS	C	-0.1%
FTV	C	-0.1%
IFF	C	-0.1%
VLTO	B	-0.1%
DXCM	F	-0.1%
HPE	D	-0.09%
RJF	C	-0.09%
HUBS	D	-0.09%
STE	C	-0.09%
ES	C	-0.09%
WY	C	-0.09%
NTAP	D	-0.09%
FSLR	C	-0.09%
SW	C	-0.09%
WAT	C	-0.08%
OMC	B	-0.08%
STX	C	-0.08%
BBY	C	-0.08%
CLX	C	-0.08%
ATO	B	-0.08%
BALL	C	-0.08%
HBAN	B	-0.08%
PTC	D	-0.08%
WST	D	-0.08%
WDC	D	-0.08%
ZBH	F	-0.08%
COO	B	-0.08%
K	A	-0.08%
STLD	D	-0.07%
BURL	C	-0.07%
AVY	D	-0.07%
EXPD	C	-0.07%
AVTR	C	-0.07%
WSM	D	-0.07%
APTV	D	-0.07%
ULTA	D	-0.07%
HOLX	C	-0.07%
EME	A	-0.07%
LH	C	-0.07%
LII	B	-0.07%
SYF	C	-0.07%
PFG	B	-0.07%
GEN	B	-0.06%
NI	B	-0.06%
IEX	D	-0.06%
CAG	C	-0.06%
DOC	C	-0.06%
KEY	B	-0.06%
PNR	B	-0.06%
IP	C	-0.06%
MANH	A	-0.06%
FDS	C	-0.06%
TECH	D	-0.05%
NBIX	F	-0.05%
ALLE	C	-0.05%
SJM	C	-0.05%
EQH	C	-0.05%
JBHT	D	-0.05%
TRMB	C	-0.05%
POOL	D	-0.05%
DPZ	D	-0.05%
GGG	C	-0.05%
LW	D	-0.04%
HRL	D	-0.04%
MKTX	C	-0.04%
TWLO	C	-0.04%
WTRG	D	-0.04%
NLY	B	-0.04%
SOLV	C	-0.04%
FBIN	B	-0.04%
LKQ	F	-0.04%
CTLT	B	-0.04%
DOCU	C	-0.04%
IPG	C	-0.04%
AZPN	B	-0.03%
ACI	F	-0.03%
KNX	D	-0.03%
DVA	B	-0.03%
TTC	D	-0.03%
HSIC	D	-0.03%
CNH	D	-0.03%
FOX	B	-0.02%
BEN	F	-0.02%