BTAL vs. VFH ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Vanguard Financials ETF - DNQ (VFH)

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

$19.25

Average Daily Volume

496,442

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$121.59

Average Daily Volume

315,373

Number of Holdings ^*

381

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	VFH
30 Days	-1.33%	5.21%
60 Days	-1.69%	10.85%
90 Days	-4.71%	15.45%
12 Months	-4.90%	46.45%

61 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in VFH	Overlap
ACGL	D	0.4%	0.49%	0.4%
AFRM	A	-0.78%	0.14%	-0.78%
AGNC	C	-0.41%	0.09%	-0.41%
AIZ	A	0.46%	0.13%	0.13%
ALL	A	0.47%	0.66%	0.47%
ALLY	C	-0.38%	0.13%	-0.38%
AON	B	0.48%	0.96%	0.48%
AXS	A	0.47%	0.08%	0.08%
BRO	B	0.48%	0.34%	0.34%
BX	A	-0.56%	1.6%	-0.56%
CB	C	0.44%	1.46%	0.44%
CBOE	C	0.41%	0.3%	0.3%
CFG	B	-0.48%	0.26%	-0.48%
CG	B	-0.57%	0.16%	-0.57%
CINF	A	0.48%	0.29%	0.29%
CMA	B	-0.55%	0.11%	-0.55%
CME	A	0.47%	1.08%	0.47%
COIN	A	-0.69%	0.46%	-0.69%
EG	D	0.42%	0.21%	0.21%
ERIE	F	0.39%	0.15%	0.15%
FOUR	A	-0.53%	0.07%	-0.53%
HIG	B	0.45%	0.44%	0.44%
HOOD	A	-0.68%	0.17%	-0.68%
IBKR	A	0.61%	0.21%	0.21%
JHG	B	-0.53%	0.07%	-0.53%
KKR	A	-0.55%	1.15%	-0.55%
L	A	0.45%	0.2%	0.2%
LNC	B	-0.49%	0.08%	-0.49%
LPLA	A	0.59%	0.28%	0.28%
MKL	A	0.51%	0.27%	0.27%
MMC	D	0.42%	1.44%	0.42%
NTRS	A	-0.53%	0.27%	-0.53%
ORI	A	0.46%	0.12%	0.12%
OWL	A	-0.57%	0.14%	-0.57%
OZK	B	-0.49%	0.06%	-0.49%
PGR	B	0.46%	1.9%	0.46%
PNFP	B	-0.56%	0.11%	-0.56%
PYPL	B	-0.53%	1.05%	-0.53%
RF	A	-0.5%	0.29%	-0.5%
RGA	B	0.47%	0.19%	0.19%
RKT	F	-0.34%	0.03%	-0.34%
RLI	A	0.51%	0.09%	0.09%
RNR	C	0.46%	0.19%	0.19%
RYAN	B	0.48%	0.09%	0.09%
SCHW	A	-0.54%	1.43%	-0.54%
SIGI	B	0.49%	0.07%	0.07%
SNV	B	-0.57%	0.1%	-0.57%
SOFI	A	-0.78%	0.15%	-0.78%
SQ	A	-0.58%	0.54%	-0.58%
THG	A	0.51%	0.07%	0.07%
TOST	A	-0.7%	0.14%	-0.7%
TPG	A	-0.59%	0.07%	-0.59%
TROW	B	-0.48%	0.33%	-0.48%
TRV	A	0.51%	0.75%	0.51%
UNM	A	0.56%	0.16%	0.16%
USB	B	-0.49%	1.01%	-0.49%
WAL	B	-0.51%	0.12%	-0.51%
WRB	B	0.44%	0.23%	0.23%
WTM	A	0.39%	0.06%	0.06%
WTW	B	0.46%	0.41%	0.41%
ZION	B	-0.54%	0.1%	-0.54%

BTAL Overweight 330 Positions Relative to VFH

Symbol	Grade	Weight
MSTR	A	1.11%
BILL	B	0.72%
PAYC	B	0.62%
SFM	A	0.62%
ZI	D	0.58%
CFLT	B	0.57%
HQY	A	0.57%
PCTY	B	0.57%
SNA	B	0.56%
TGNA	B	0.56%
ALSN	B	0.56%
FTNT	B	0.56%
KMI	A	0.55%
WH	B	0.55%
NWL	B	0.55%
BWXT	A	0.54%
GILD	C	0.53%
CACI	C	0.53%
FFIV	B	0.53%
BMY	A	0.53%
PCAR	C	0.53%
BKR	B	0.53%
CW	B	0.52%
TXRH	B	0.51%
SAIC	F	0.51%
LNG	A	0.51%
MCK	A	0.51%
G	B	0.51%
ORLY	B	0.51%
MSI	B	0.51%
PKG	B	0.5%
UTHR	C	0.5%
LULU	C	0.5%
CSCO	B	0.5%
SBRA	B	0.5%
TDY	B	0.5%
AEE	A	0.49%
T	A	0.49%
KR	B	0.49%
XEL	A	0.49%
GLW	B	0.49%
PAYX	B	0.49%
WELL	A	0.49%
CHH	A	0.49%
VFC	C	0.49%
DBX	C	0.49%
TMUS	B	0.49%
FOXA	B	0.49%
JAZZ	C	0.48%
VTRS	A	0.48%
ADP	B	0.48%
PNM	B	0.48%
HON	B	0.48%
DRI	C	0.47%
ROP	C	0.47%
WEN	C	0.47%
CDP	C	0.47%
DOX	D	0.47%
MSM	D	0.47%
WEC	A	0.46%
X	C	0.46%
EDR	A	0.46%
CTSH	C	0.46%
CCK	D	0.46%
NEU	D	0.46%
CHD	A	0.46%
IBM	C	0.46%
CLH	C	0.46%
ARMK	C	0.46%
SLGN	A	0.46%
CMG	C	0.46%
COR	B	0.46%
HEI	A	0.46%
CSX	C	0.46%
WM	B	0.46%
LNT	A	0.45%
RTX	D	0.45%
ACN	C	0.45%
REG	A	0.45%
HPQ	B	0.45%
OHI	B	0.45%
ADC	A	0.45%
BWA	D	0.45%
KBR	F	0.45%
CHRW	B	0.45%
PNW	B	0.45%
DGX	A	0.45%
GD	D	0.45%
AVB	B	0.45%
XOM	B	0.44%
CMS	C	0.44%
MSFT	D	0.44%
VRSN	F	0.44%
MUSA	B	0.44%
RSG	A	0.44%
NOC	D	0.44%
COLM	B	0.44%
ELS	B	0.44%
DECK	A	0.44%
ASGN	F	0.44%
DLB	F	0.44%
CF	A	0.44%
UNH	C	0.44%
J	D	0.43%
JNPR	D	0.43%
DUK	C	0.43%
EQR	C	0.43%
YUM	D	0.43%
MCD	D	0.43%
TJX	A	0.43%
DD	D	0.43%
PAG	B	0.42%
SNX	D	0.42%
GLPI	C	0.42%
MSA	D	0.42%
OLLI	D	0.42%
MKC	D	0.42%
CXT	C	0.42%
ED	C	0.42%
CI	D	0.42%
VZ	C	0.42%
TXT	D	0.42%
AVT	C	0.42%
TNET	F	0.41%
VICI	C	0.41%
CHE	F	0.41%
LMT	D	0.41%
JNJ	D	0.41%
FLO	D	0.41%
O	C	0.4%
MOH	F	0.4%
FCN	F	0.4%
ON	F	0.4%
WPC	C	0.4%
AMGN	D	0.4%
HRB	D	0.4%
MOS	D	0.39%
KHC	F	0.39%
FANG	D	0.39%
GIS	F	0.39%
PFE	F	0.39%
AMCR	D	0.39%
KO	D	0.38%
OXY	F	0.38%
BG	D	0.38%
AKAM	F	0.38%
CPB	D	0.38%
FOXF	F	0.37%
MUR	F	0.37%
GPC	F	0.37%
DVN	F	0.37%
FMC	D	0.37%
ABBV	F	0.37%
ARW	F	0.37%
ST	F	0.37%
MAN	F	0.37%
MTCH	F	0.36%
HUM	D	0.35%
SRPT	F	0.35%
NEM	D	0.34%
ELV	F	0.34%
AZO	C	0.33%
CNC	F	0.32%
MDU	D	0.31%
BMRN	F	0.31%
AGL	F	0.19%
SMCI	F	-0.18%
SEDG	F	-0.21%
RUN	F	-0.21%
ENPH	F	-0.22%
MRNA	F	-0.24%
CE	F	-0.25%
CNXC	F	-0.25%
MPWR	F	-0.27%
TXG	F	-0.3%
WOLF	F	-0.3%
EL	F	-0.3%
CELH	F	-0.3%
RIVN	F	-0.32%
NTLA	F	-0.32%
OPEN	F	-0.33%
COTY	F	-0.34%
BRZE	C	-0.34%
AES	F	-0.34%
AMKR	F	-0.35%
TER	F	-0.35%
TFX	F	-0.36%
DKS	D	-0.37%
CNM	C	-0.37%
WMS	F	-0.37%
PLD	D	-0.38%
DINO	D	-0.38%
RIG	D	-0.38%
ELF	C	-0.38%
LRCX	F	-0.39%
EFX	F	-0.39%
SHLS	F	-0.4%
FND	F	-0.4%
W	D	-0.4%
IDXX	F	-0.4%
KMX	C	-0.4%
ARWR	D	-0.4%
ARE	F	-0.41%
AWK	C	-0.41%
KSS	F	-0.41%
BLD	F	-0.41%
CWEN	C	-0.41%
ALGN	D	-0.41%
ELAN	D	-0.41%
FCX	F	-0.42%
MKSI	C	-0.42%
WBA	F	-0.42%
AMD	F	-0.42%
EW	C	-0.42%
NVCR	D	-0.43%
TGT	B	-0.43%
CHX	C	-0.43%
RYN	D	-0.43%
ROIV	D	-0.43%
POWI	D	-0.43%
CSGP	F	-0.43%
PINS	F	-0.43%
UGI	C	-0.43%
MGM	D	-0.43%
FBIN	F	-0.43%
BLDR	D	-0.44%
BBWI	C	-0.44%
MTDR	C	-0.44%
SSD	D	-0.44%
F	C	-0.44%
CC	D	-0.44%
UBER	F	-0.44%
APG	C	-0.45%
DAR	B	-0.45%
OC	A	-0.45%
SEE	D	-0.45%
NWE	C	-0.45%
THO	C	-0.45%
D	C	-0.45%
RGEN	F	-0.45%
MU	D	-0.46%
CRSP	D	-0.46%
CARR	D	-0.46%
RMD	C	-0.46%
CZR	F	-0.46%
SMG	C	-0.46%
PATH	C	-0.46%
AVGO	C	-0.47%
TOL	B	-0.47%
CRL	D	-0.47%
JLL	D	-0.47%
TRU	D	-0.47%
LAMR	D	-0.47%
BXP	D	-0.47%
ROKU	D	-0.48%
KRC	C	-0.48%
SHW	C	-0.48%
ZS	B	-0.48%
PENN	C	-0.49%
AXTA	B	-0.49%
ITT	A	-0.49%
ANET	C	-0.49%
NTRA	A	-0.49%
NET	B	-0.49%
NRG	B	-0.49%
ILMN	C	-0.49%
HHH	B	-0.49%
TREX	D	-0.49%
RRC	B	-0.5%
NVT	C	-0.5%
CAR	C	-0.5%
GH	B	-0.5%
VEEV	C	-0.51%
LPX	B	-0.51%
PEN	B	-0.51%
CBRE	B	-0.51%
ALB	B	-0.51%
TT	A	-0.51%
PWR	A	-0.51%
PFGC	B	-0.51%
NVDA	A	-0.51%
USFD	A	-0.51%
SNAP	D	-0.52%
CEG	C	-0.52%
DKNG	B	-0.52%
FYBR	C	-0.52%
AR	B	-0.52%
ETN	B	-0.53%
GNRC	B	-0.53%
INTC	C	-0.53%
DNLI	C	-0.53%
AA	A	-0.53%
MDB	C	-0.54%
RBLX	B	-0.54%
URI	B	-0.54%
RMBS	C	-0.54%
DELL	B	-0.54%
RH	D	-0.55%
VNO	C	-0.55%
WCC	B	-0.55%
IOT	A	-0.55%
EXP	B	-0.55%
EXPE	B	-0.56%
XPO	B	-0.56%
TTD	B	-0.56%
COHR	B	-0.57%
GME	C	-0.57%
Z	A	-0.57%
CRWD	B	-0.57%
EQT	A	-0.59%
MRVL	B	-0.59%
LYV	A	-0.6%
DASH	A	-0.6%
GTLS	A	-0.6%
TDOC	D	-0.6%
DAY	B	-0.6%
SAIA	C	-0.62%
CCL	A	-0.63%
PODD	B	-0.63%
DUOL	A	-0.65%
LITE	B	-0.66%
TSLA	A	-0.68%
VRT	A	-0.68%
LYFT	C	-0.69%
CVNA	A	-0.69%
DAL	A	-0.69%
AXON	A	-0.74%
VST	A	-0.74%
PTON	C	-0.76%
PLTR	A	-0.85%

BTAL Underweight 320 Positions Relative to VFH

Symbol	Grade	Weight
JPM	A	-8.51%
BRK.A	B	-7.98%
MA	B	-5.54%
V	A	-4.17%
BAC	A	-3.93%
WFC	A	-3.02%
GS	B	-2.23%
AXP	B	-2.08%
SPGI	D	-2.05%
BLK	B	-1.95%
MS	A	-1.89%
C	B	-1.63%
FI	A	-1.55%
ICE	C	-1.19%
MCO	D	-1.0%
PNC	B	-1.0%
COF	B	-0.83%
AJG	B	-0.82%
TFC	A	-0.77%
AFL	C	-0.76%
APO	A	-0.76%
BK	B	-0.74%
AMP	A	-0.68%
FIS	C	-0.67%
AIG	C	-0.67%
MET	A	-0.63%
MSCI	B	-0.6%
PRU	B	-0.59%
DFS	B	-0.5%
NDAQ	A	-0.43%
MTB	A	-0.43%
ARES	A	-0.42%
FITB	B	-0.4%
RJF	A	-0.39%
STT	B	-0.37%
GPN	C	-0.35%
HBAN	B	-0.3%
SYF	B	-0.29%
CPAY	A	-0.29%
PFG	C	-0.26%
FCNCA	A	-0.26%
FDS	B	-0.23%
KEY	B	-0.22%
FNF	A	-0.21%
EQH	B	-0.2%
TW	A	-0.2%
JKHY	D	-0.18%
EWBC	A	-0.18%
MKTX	D	-0.15%
JEF	A	-0.14%
SF	B	-0.14%
KNSL	B	-0.13%
FHN	A	-0.13%
PRI	A	-0.13%
EVR	B	-0.13%
GL	C	-0.13%
CRBG	B	-0.12%
WBS	A	-0.12%
MORN	B	-0.12%
HLI	B	-0.12%
AFG	A	-0.12%
VOYA	B	-0.11%
SEIC	B	-0.11%
WEX	F	-0.1%
SSB	B	-0.1%
JXN	C	-0.1%
CBSH	A	-0.1%
WTFC	B	-0.1%
CFR	B	-0.1%
ESNT	D	-0.09%
BPOP	C	-0.09%
FAF	C	-0.09%
MTG	D	-0.09%
HLNE	A	-0.09%
PB	A	-0.09%
COOP	B	-0.08%
IVZ	C	-0.08%
STWD	C	-0.08%
OMF	A	-0.08%
GBCI	B	-0.08%
COLB	B	-0.08%
BEN	C	-0.08%
CADE	B	-0.08%
AMG	C	-0.08%
ONB	B	-0.08%
PIPR	B	-0.07%
UMBF	B	-0.07%
UBSI	B	-0.07%
FNB	B	-0.07%
HOMB	A	-0.07%
RDN	D	-0.07%
EEFT	C	-0.06%
SFBS	B	-0.06%
AGO	A	-0.06%
PFSI	C	-0.06%
SLM	B	-0.06%
FFIN	B	-0.06%
HWC	B	-0.06%
MC	B	-0.06%
AUB	B	-0.05%
IBOC	B	-0.05%
BGC	C	-0.05%
STEP	B	-0.05%
TCBI	B	-0.05%
ASB	B	-0.05%
WU	F	-0.05%
UPST	B	-0.05%
AX	B	-0.05%
WD	D	-0.05%
CNO	B	-0.05%
ESGR	B	-0.05%
HASI	F	-0.05%
KMPR	A	-0.05%
ABCB	B	-0.05%
VLY	B	-0.05%
BKU	A	-0.04%
INDB	B	-0.04%
CVBF	B	-0.04%
OSCR	C	-0.04%
DBRG	F	-0.04%
CNS	B	-0.04%
ABR	B	-0.04%
WAFD	B	-0.04%
PRK	B	-0.04%
CACC	F	-0.04%
BOH	B	-0.04%
SFNC	B	-0.04%
FIBK	B	-0.04%
NMIH	D	-0.04%
WSFS	B	-0.04%
GNW	A	-0.04%
BHF	C	-0.04%
BXMT	C	-0.04%
APAM	B	-0.04%
BOKF	B	-0.04%
EBC	B	-0.04%
CATY	B	-0.04%
FHB	B	-0.04%
PJT	B	-0.04%
FHI	B	-0.04%
FBP	B	-0.04%
CBU	B	-0.04%
FULT	B	-0.04%
UCB	A	-0.04%
MCY	B	-0.03%
FLYW	B	-0.03%
STC	B	-0.03%
PRG	C	-0.03%
FRHC	A	-0.03%
TFIN	B	-0.03%
EFSC	B	-0.03%
TRMK	B	-0.03%
NBTB	B	-0.03%
FRME	B	-0.03%
RNST	B	-0.03%
EVTC	B	-0.03%
IBTX	B	-0.03%
BANC	B	-0.03%
BANR	B	-0.03%
PLMR	A	-0.03%
MQ	F	-0.03%
SBCF	B	-0.03%
PFS	B	-0.03%
BANF	B	-0.03%
ENVA	B	-0.03%
TOWN	B	-0.03%
FFBC	B	-0.03%
PPBI	B	-0.03%
BFH	B	-0.03%
TBBK	B	-0.03%
VCTR	B	-0.03%
HTLF	B	-0.03%
PAYO	A	-0.03%
VIRT	A	-0.03%
SNEX	B	-0.03%
GSHD	B	-0.03%
BHLB	B	-0.02%
RC	D	-0.02%
PMT	D	-0.02%
SAFT	B	-0.02%
NAVI	F	-0.02%
ARI	C	-0.02%
GABC	B	-0.02%
LMND	A	-0.02%
EIG	B	-0.02%
WT	A	-0.02%
LADR	B	-0.02%
LOB	C	-0.02%
SPNT	A	-0.02%
QCRH	B	-0.02%
NIC	B	-0.02%
TCBK	B	-0.02%
BUSE	B	-0.02%
WABC	B	-0.02%
CUBI	C	-0.02%
STBA	B	-0.02%
VBTX	B	-0.02%
CODI	B	-0.02%
HOPE	B	-0.02%
HTH	B	-0.02%
SKWD	A	-0.02%
SASR	B	-0.02%
VRTS	B	-0.02%
HMN	B	-0.02%
NWBI	B	-0.02%
NNI	D	-0.02%
LC	B	-0.02%
DFIN	D	-0.02%
LKFN	B	-0.02%
NBHC	B	-0.02%
FCF	B	-0.02%
FBNC	B	-0.02%
AGM	B	-0.02%
CHCO	B	-0.02%
SYBT	B	-0.02%
CASH	B	-0.02%
NATL	B	-0.02%
TRUP	B	-0.02%
FBK	B	-0.02%
WSBC	B	-0.02%
OFG	B	-0.02%
WRLD	D	-0.01%
HIFS	B	-0.01%
KRNY	B	-0.01%
FFIC	B	-0.01%
MPB	B	-0.01%
DHIL	A	-0.01%
SPFI	B	-0.01%
UFCS	A	-0.01%
PAY	A	-0.01%
CARE	B	-0.01%
PX	A	-0.01%
HONE	B	-0.01%
SMBK	B	-0.01%
THFF	B	-0.01%
TIPT	B	-0.01%
AROW	B	-0.01%
BHB	B	-0.01%
NFBK	B	-0.01%
CCBG	B	-0.01%
TRTX	B	-0.01%
AMBC	C	-0.01%
PGC	A	-0.01%
FMNB	B	-0.01%
MCB	B	-0.01%
MSBI	B	-0.01%
GDOT	D	-0.01%
IIIV	B	-0.01%
CCNE	B	-0.01%
CASS	B	-0.01%
UVE	A	-0.01%
GSBC	B	-0.01%
AMAL	B	-0.01%
LPRO	C	-0.01%
NRDS	C	-0.01%
IMXI	B	-0.01%
UWMC	D	-0.01%
WASH	B	-0.01%
SMBC	B	-0.01%
EQBK	B	-0.01%
HTBK	B	-0.01%
EZPW	A	-0.01%
CAC	B	-0.01%
TRST	B	-0.01%
BFST	B	-0.01%
RPAY	D	-0.01%
TREE	F	-0.01%
MBWM	B	-0.01%
KREF	D	-0.01%
IBCP	B	-0.01%
CFB	C	-0.01%
CCB	A	-0.01%
HBNC	B	-0.01%
FCBC	B	-0.01%
HAFC	B	-0.01%
CMTG	D	-0.01%
AMTB	C	-0.01%
BY	B	-0.01%
OSBC	B	-0.01%
PRA	B	-0.01%
CPF	B	-0.01%
PRAA	C	-0.01%
EGBN	B	-0.01%
MBIN	F	-0.01%
FMBH	B	-0.01%
CTBI	B	-0.01%
BSIG	A	-0.01%
TMP	B	-0.01%
BRSP	C	-0.01%
HFWA	B	-0.01%
UVSP	B	-0.01%
CFFN	B	-0.01%
PFC	B	-0.01%
BFC	B	-0.01%
CNOB	B	-0.01%
SBSI	B	-0.01%
DX	A	-0.01%
HCI	C	-0.01%
OBK	B	-0.01%
RWT	D	-0.01%
BRKL	B	-0.01%
FBMS	B	-0.01%
PEBO	B	-0.01%
EFC	C	-0.01%
AMSF	B	-0.01%
DCOM	A	-0.01%
ECPG	C	-0.01%
FBRT	C	-0.01%
OCFC	B	-0.01%
PFBC	B	-0.01%
SRCE	B	-0.01%
CNNE	B	-0.01%
RILY	F	-0.0%
AC	B	-0.0%
HMST	D	-0.0%
JRVR	F	-0.0%
DGICA	A	-0.0%
ACRE	B	-0.0%
BMRC	A	-0.0%
FFWM	C	-0.0%