CFA vs. QWLD ETF Comparison

Comparison of Compass EMP US 500 Volatility Weighted Index ETF (CFA) to SPDR MSCI World Quality Mix ETF (QWLD)

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$89.48

Average Daily Volume

9,726

Number of Holdings ^*

495

* 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

$128.07

Average Daily Volume

3,476

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	CFA	QWLD
30 Days	3.34%	-0.47%
60 Days	5.30%	0.20%
90 Days	7.24%	0.50%
12 Months	28.42%	22.20%

459 Overlapping Holdings

	Symbol	Grade	Weight in CFA	Weight in QWLD	Overlap
	A	D	0.16%	0.06%	0.06%
	AAPL	C	0.2%	2.57%	0.2%
	ABBV	F	0.2%	0.34%	0.2%
	ABBV	F	0.2%	0.16%	0.16%
	ABNB	C	0.16%	0.01%	0.01%
	ABT	B	0.27%	0.09%	0.09%
	ACGL	C	0.2%	0.26%	0.2%
	ACM	B	0.23%	0.01%	0.01%
	ACN	B	0.2%	0.65%	0.2%
	ADBE	C	0.11%	0.42%	0.11%
	ADI	D	0.13%	0.04%	0.04%
	ADM	D	0.11%	0.05%	0.05%
	ADP	A	0.35%	0.26%	0.26%
	ADSK	A	0.2%	0.1%	0.1%
	AEE	A	0.26%	0.09%	0.09%
	AEP	C	0.23%	0.07%	0.07%
	AES	F	0.1%	0.01%	0.01%
	AFG	A	0.26%	0.02%	0.02%
	AFL	B	0.23%	0.12%	0.12%
	AIG	B	0.23%	0.07%	0.07%
	AJG	A	0.25%	0.19%	0.19%
	AKAM	D	0.15%	0.11%	0.11%
	ALGN	D	0.12%	0.0%	0.0%
	ALL	A	0.24%	0.08%	0.08%
	ALLE	C	0.21%	0.02%	0.02%
	ALLY	C	0.12%	0.02%	0.02%
	AMAT	F	0.1%	0.29%	0.1%
	AMD	F	0.09%	0.03%	0.03%
	AME	A	0.25%	0.01%	0.01%
	AMGN	F	0.15%	0.16%	0.15%
	AMP	A	0.32%	0.09%	0.09%
	AMZN	C	0.2%	0.37%	0.2%
	ANET	C	0.12%	0.19%	0.12%
	AON	A	0.23%	0.17%	0.17%
	AOS	F	0.17%	0.02%	0.02%
	APD	A	0.19%	0.03%	0.03%
	APH	A	0.2%	0.43%	0.2%
	APO	B	0.22%	0.02%	0.02%
	APP	B	0.25%	0.0%	0.0%
	APTV	F	0.09%	0.01%	0.01%
	ARES	A	0.2%	0.0%	0.0%
	ATO	A	0.35%	0.01%	0.01%
	AVGO	D	0.1%	0.11%	0.1%
	AVTR	F	0.11%	0.01%	0.01%
	AVY	F	0.25%	0.03%	0.03%
	AWK	C	0.22%	0.01%	0.01%
	AXON	A	0.22%	0.0%	0.0%
	AXP	A	0.23%	0.06%	0.06%
	AZO	C	0.22%	0.28%	0.22%
	BAC	A	0.24%	0.39%	0.24%
	BAH	F	0.15%	0.15%	0.15%
	BBY	D	0.12%	0.06%	0.06%
	BDX	F	0.24%	0.07%	0.07%
	BG	D	0.17%	0.03%	0.03%
	BIIB	F	0.13%	0.01%	0.01%
	BK	A	0.31%	0.05%	0.05%
	BKNG	A	0.22%	0.03%	0.03%
	BKR	A	0.23%	0.02%	0.02%
	BLDR	D	0.1%	0.05%	0.05%
	BLK	B	0.29%	0.25%	0.25%
	BMRN	F	0.12%	0.07%	0.07%
	BR	A	0.26%	0.04%	0.04%
	BRK.A	B	0.35%	0.73%	0.35%
	BRO	B	0.26%	0.14%	0.14%
	BSX	A	0.3%	0.02%	0.02%
	BSY	F	0.14%	0.01%	0.01%
	BURL	B	0.13%	0.01%	0.01%
	BX	A	0.2%	0.03%	0.03%
	C	A	0.21%	0.25%	0.21%
	CAG	F	0.19%	0.04%	0.04%
	CAH	B	0.23%	0.13%	0.13%
	CARR	C	0.16%	0.02%	0.02%
	CAT	B	0.2%	0.36%	0.2%
	CB	C	0.28%	0.4%	0.28%
	CBOE	C	0.23%	0.24%	0.23%
	CBRE	B	0.19%	0.03%	0.03%
	CDNS	B	0.16%	0.13%	0.13%
	CDW	F	0.15%	0.07%	0.07%
	CE	F	0.1%	0.01%	0.01%
	CEG	C	0.12%	0.02%	0.02%
	CF	A	0.18%	0.13%	0.13%
	CFG	B	0.17%	0.04%	0.04%
	CHD	A	0.32%	0.19%	0.19%
	CHRW	B	0.15%	0.01%	0.01%
	CHTR	C	0.13%	0.05%	0.05%
	CI	D	0.22%	0.18%	0.18%
	CINF	A	0.25%	0.02%	0.02%
	CL	D	0.29%	0.2%	0.2%
	CLX	A	0.23%	0.01%	0.01%
	CMCSA	B	0.24%	0.17%	0.17%
	CME	B	0.28%	0.16%	0.16%
	CMG	B	0.17%	0.14%	0.14%
	CMI	A	0.23%	0.1%	0.1%
	CMS	C	0.27%	0.05%	0.05%
	CNC	D	0.14%	0.05%	0.05%
	CNP	A	0.25%	0.01%	0.01%
	COF	C	0.23%	0.1%	0.1%
	COIN	C	0.11%	0.01%	0.01%
	COP	C	0.24%	0.1%	0.1%
	COR	B	0.28%	0.41%	0.28%
	COST	A	0.24%	0.76%	0.24%
	CPAY	A	0.21%	0.01%	0.01%
	CPB	D	0.2%	0.09%	0.09%
	CPRT	B	0.27%	0.08%	0.08%
	CRBG	B	0.17%	0.01%	0.01%
	CRM	B	0.17%	0.06%	0.06%
	CRWD	B	0.12%	0.0%	0.0%
	CSCO	B	0.29%	1.03%	0.29%
	CSGP	D	0.16%	0.0%	0.0%
	CSL	C	0.19%	0.03%	0.03%
	CSX	C	0.28%	0.11%	0.11%
	CTAS	B	0.26%	0.14%	0.14%
	CTRA	B	0.23%	0.02%	0.02%
	CTSH	B	0.23%	0.2%	0.2%
	CTVA	C	0.15%	0.04%	0.04%
	CVS	D	0.14%	0.16%	0.14%
	CVX	A	0.27%	0.33%	0.27%
	D	C	0.21%	0.06%	0.06%
	DAL	B	0.22%	0.01%	0.01%
	DD	C	0.17%	0.02%	0.02%
	DDOG	A	0.14%	0.0%	0.0%
	DE	B	0.21%	0.06%	0.06%
	DECK	A	0.13%	0.05%	0.05%
	DELL	B	0.09%	0.01%	0.01%
	DG	F	0.09%	0.01%	0.01%
	DGX	A	0.24%	0.11%	0.11%
	DHI	F	0.12%	0.1%	0.1%
	DHR	F	0.18%	0.05%	0.05%
	DIS	B	0.22%	0.1%	0.1%
	DKS	D	0.1%	0.02%	0.02%
	DOCU	B	0.17%	0.0%	0.0%
	DOV	A	0.25%	0.05%	0.05%
	DOW	F	0.2%	0.03%	0.03%
	DPZ	C	0.17%	0.06%	0.06%
	DRI	B	0.23%	0.03%	0.03%
	DT	D	0.15%	0.0%	0.0%
	DTE	C	0.24%	0.02%	0.02%
	DUK	C	0.3%	0.36%	0.3%
	DVA	C	0.18%	0.01%	0.01%
	DVN	F	0.17%	0.03%	0.03%
	DXCM	C	0.08%	0.0%	0.0%
	EA	A	0.29%	0.2%	0.2%
	EBAY	D	0.2%	0.01%	0.01%
	ECL	D	0.23%	0.01%	0.01%
	ED	C	0.26%	0.35%	0.26%
	EFX	F	0.13%	0.01%	0.01%
	EG	C	0.19%	0.06%	0.06%
	EIX	B	0.24%	0.03%	0.03%
	EL	F	0.09%	0.01%	0.01%
	ELV	F	0.17%	0.21%	0.17%
	EME	A	0.2%	0.04%	0.04%
	EMN	C	0.22%	0.01%	0.01%
	EMR	B	0.23%	0.03%	0.03%
	ENPH	F	0.04%	0.01%	0.01%
	ENTG	D	0.1%	0.0%	0.0%
	EOG	A	0.23%	0.06%	0.06%
	EPAM	B	0.12%	0.02%	0.02%
	EQH	C	0.23%	0.01%	0.01%
	EQT	B	0.2%	0.02%	0.02%
	ERIE	D	0.15%	0.12%	0.12%
	ETN	A	0.19%	0.03%	0.03%
	ETR	B	0.32%	0.03%	0.03%
	EVRG	A	0.29%	0.01%	0.01%
	EW	C	0.1%	0.07%	0.07%
	EXC	C	0.22%	0.03%	0.03%
	EXPD	C	0.22%	0.04%	0.04%
	EXPE	B	0.15%	0.01%	0.01%
	F	C	0.12%	0.09%	0.09%
	FANG	C	0.17%	0.09%	0.09%
	FAST	B	0.26%	0.09%	0.09%
	FCNCA	A	0.17%	0.11%	0.11%
	FCX	F	0.13%	0.02%	0.02%
	FDS	B	0.25%	0.03%	0.03%
	FDX	B	0.15%	0.07%	0.07%
	FE	C	0.27%	0.01%	0.01%
	FFIV	B	0.21%	0.16%	0.16%
	FI	A	0.34%	0.09%	0.09%
	FICO	B	0.2%	0.05%	0.05%
	FIS	C	0.22%	0.02%	0.02%
	FITB	B	0.19%	0.03%	0.03%
	FNF	B	0.2%	0.01%	0.01%
	FOXA	A	0.25%	0.01%	0.01%
	FSLR	F	0.08%	0.01%	0.01%
	FTNT	C	0.14%	0.01%	0.01%
	FTV	C	0.21%	0.01%	0.01%
	GD	D	0.29%	0.18%	0.18%
	GDDY	A	0.24%	0.25%	0.24%
	GE	D	0.17%	0.31%	0.17%
	GEHC	D	0.15%	0.02%	0.02%
	GEN	B	0.17%	0.12%	0.12%
	GEV	B	0.15%	0.02%	0.02%
	GGG	B	0.27%	0.03%	0.03%
	GILD	C	0.21%	0.24%	0.21%
	GIS	D	0.21%	0.33%	0.21%
	GLW	B	0.19%	0.02%	0.02%
	GM	C	0.19%	0.19%	0.19%
	GOOGL	C	0.19%	1.07%	0.19%
	GPC	D	0.17%	0.05%	0.05%
	GPN	B	0.17%	0.02%	0.02%
	GRMN	B	0.21%	0.05%	0.05%
	GS	A	0.24%	0.17%	0.17%
	GWW	B	0.27%	0.11%	0.11%
	H	B	0.18%	0.0%	0.0%
	HAL	C	0.18%	0.02%	0.02%
	HBAN	A	0.21%	0.03%	0.03%
	HCA	F	0.17%	0.04%	0.04%
	HD	B	0.25%	0.15%	0.15%
	HEI	A	0.24%	0.0%	0.0%
	HEI	A	0.24%	0.0%	0.0%
	HIG	B	0.25%	0.03%	0.03%
	HII	F	0.15%	0.01%	0.01%
	HLT	A	0.29%	0.01%	0.01%
	HOLX	D	0.29%	0.01%	0.01%
	HON	C	0.33%	0.26%	0.26%
	HOOD	B	0.14%	0.0%	0.0%
	HPE	B	0.15%	0.04%	0.04%
	HPQ	B	0.15%	0.04%	0.04%
	HRL	D	0.15%	0.09%	0.09%
	HSY	F	0.19%	0.16%	0.16%
	HUBB	B	0.18%	0.04%	0.04%
	HUM	C	0.1%	0.15%	0.1%
	HWM	A	0.16%	0.01%	0.01%
	IBM	C	0.21%	0.46%	0.21%
	ICE	C	0.3%	0.03%	0.03%
	IDXX	F	0.16%	0.07%	0.07%
	IEX	C	0.27%	0.03%	0.03%
	INCY	C	0.22%	0.15%	0.15%
	INTC	C	0.1%	0.1%	0.1%
	INTU	B	0.18%	0.27%	0.18%
	IP	A	0.19%	0.02%	0.02%
	IPG	D	0.19%	0.02%	0.02%
	IQV	F	0.12%	0.01%	0.01%
	IR	B	0.2%	0.01%	0.01%
	ISRG	A	0.19%	0.25%	0.19%
	IT	C	0.21%	0.03%	0.03%
	ITW	B	0.33%	0.13%	0.13%
	J	D	0.23%	0.01%	0.01%
	JBHT	C	0.18%	0.03%	0.03%
	JBL	C	0.13%	0.02%	0.02%
	JCI	B	0.21%	0.03%	0.03%
	JKHY	D	0.25%	0.07%	0.07%
	JNJ	C	0.28%	1.1%	0.28%
	JPM	A	0.26%	0.6%	0.26%
	KDP	F	0.24%	0.14%	0.14%
	KEY	B	0.16%	0.02%	0.02%
	KEYS	A	0.14%	0.17%	0.14%
	KHC	F	0.2%	0.2%	0.2%
	KKR	A	0.18%	0.02%	0.02%
	KLAC	F	0.09%	0.14%	0.09%
	KMB	C	0.23%	0.11%	0.11%
	KMI	A	0.37%	0.04%	0.04%
	KMX	B	0.12%	0.02%	0.02%
	KO	D	0.33%	0.56%	0.33%
	KR	B	0.24%	0.31%	0.24%
	KVUE	A	0.18%	0.08%	0.08%
	L	A	0.33%	0.17%	0.17%
	LDOS	C	0.26%	0.01%	0.01%
	LEN	D	0.14%	0.09%	0.09%
	LH	B	0.22%	0.02%	0.02%
	LHX	C	0.28%	0.02%	0.02%
	LII	A	0.18%	0.0%	0.0%
	LIN	C	0.3%	0.06%	0.06%
	LLY	F	0.12%	1.14%	0.12%
	LMT	D	0.3%	0.42%	0.3%
	LNG	A	0.3%	0.06%	0.06%
	LNT	A	0.27%	0.03%	0.03%
	LOW	C	0.22%	0.07%	0.07%
	LPLA	A	0.21%	0.05%	0.05%
	LRCX	F	0.1%	0.18%	0.1%
	LUV	C	0.13%	0.0%	0.0%
	LVS	B	0.21%	0.0%	0.0%
	LYB	F	0.22%	0.03%	0.03%
	LYV	A	0.23%	0.0%	0.0%
	MA	B	0.32%	0.71%	0.32%
	MANH	D	0.15%	0.04%	0.04%
	MAR	A	0.27%	0.01%	0.01%
	MAS	D	0.17%	0.01%	0.01%
	MCD	D	0.26%	0.42%	0.26%
	MCHP	F	0.1%	0.06%	0.06%
	MCK	A	0.24%	0.58%	0.24%
	MCO	B	0.23%	0.13%	0.13%
	MDLZ	F	0.24%	0.14%	0.14%
	MDT	D	0.25%	0.06%	0.06%
	MET	A	0.26%	0.05%	0.05%
	META	D	0.13%	2.11%	0.13%
	MGM	D	0.14%	0.01%	0.01%
	MKC	C	0.18%	0.01%	0.01%
	MKL	A	0.25%	0.13%	0.13%
	MLM	C	0.22%	0.01%	0.01%
	MMC	B	0.3%	0.51%	0.3%
	MMM	D	0.12%	0.14%	0.12%
	MNST	C	0.23%	0.07%	0.07%
	MO	A	0.27%	0.04%	0.04%
	MOH	F	0.13%	0.06%	0.06%
	MPC	D	0.15%	0.17%	0.15%
	MPWR	F	0.06%	0.04%	0.04%
	MRK	D	0.18%	0.42%	0.18%
	MS	A	0.26%	0.12%	0.12%
	MSCI	C	0.16%	0.0%	0.0%
	MSFT	D	0.24%	2.3%	0.24%
	MSI	B	0.31%	0.65%	0.31%
	MTB	A	0.22%	0.05%	0.05%
	NBIX	C	0.12%	0.11%	0.11%
	NDAQ	A	0.26%	0.01%	0.01%
	NDSN	B	0.21%	0.02%	0.02%
	NEE	C	0.17%	0.06%	0.06%
	NFLX	A	0.19%	0.54%	0.19%
	NI	A	0.32%	0.01%	0.01%
	NKE	F	0.12%	0.17%	0.12%
	NOC	D	0.23%	0.32%	0.23%
	NOW	A	0.15%	0.01%	0.01%
	NRG	B	0.15%	0.02%	0.02%
	NSC	B	0.18%	0.03%	0.03%
	NTAP	C	0.14%	0.04%	0.04%
	NTRS	A	0.24%	0.02%	0.02%
	NUE	C	0.17%	0.04%	0.04%
	NVDA	B	0.1%	2.53%	0.1%
	NVR	D	0.19%	0.06%	0.06%
	NWSA	A	0.22%	0.01%	0.01%
	NXPI	D	0.11%	0.02%	0.02%
	OC	A	0.18%	0.03%	0.03%
	ODFL	C	0.17%	0.08%	0.08%
	OKE	A	0.32%	0.03%	0.03%
	OMC	C	0.22%	0.04%	0.04%
	ON	D	0.08%	0.01%	0.01%
	ORCL	A	0.2%	0.25%	0.2%
	ORLY	B	0.26%	0.24%	0.24%
	OTIS	C	0.28%	0.01%	0.01%
	OVV	B	0.18%	0.02%	0.02%
	OXY	D	0.2%	0.03%	0.03%
	PANW	B	0.11%	0.18%	0.11%
	PAYX	B	0.27%	0.1%	0.1%
	PCAR	B	0.22%	0.11%	0.11%
	PCG	A	0.27%	0.03%	0.03%
	PEG	A	0.3%	0.02%	0.02%
	PEP	F	0.25%	0.77%	0.25%
	PFG	D	0.26%	0.02%	0.02%
	PG	C	0.31%	0.95%	0.31%
	PGR	A	0.23%	0.35%	0.23%
	PH	A	0.2%	0.02%	0.02%
	PHM	D	0.15%	0.06%	0.06%
	PINS	F	0.1%	0.0%	0.0%
	PKG	A	0.29%	0.04%	0.04%
	PLTR	B	0.15%	0.0%	0.0%
	PM	B	0.31%	0.07%	0.07%
	PNC	B	0.21%	0.1%	0.1%
	PODD	C	0.15%	0.0%	0.0%
	POOL	C	0.15%	0.03%	0.03%
	PPG	F	0.26%	0.01%	0.01%
	PPL	A	0.31%	0.01%	0.01%
	PRU	A	0.22%	0.05%	0.05%
	PSTG	D	0.09%	0.0%	0.0%
	PSX	C	0.18%	0.14%	0.14%
	PTC	B	0.24%	0.08%	0.08%
	PWR	A	0.17%	0.01%	0.01%
	PYPL	B	0.16%	0.04%	0.04%
	QCOM	F	0.11%	0.32%	0.11%
	RCL	A	0.19%	0.01%	0.01%
	REGN	F	0.18%	0.31%	0.18%
	RF	A	0.2%	0.03%	0.03%
	RJF	A	0.3%	0.02%	0.02%
	RMD	C	0.11%	0.05%	0.05%
	ROK	C	0.14%	0.06%	0.06%
	ROL	B	0.22%	0.08%	0.08%
	ROP	B	0.26%	0.48%	0.26%
	ROST	D	0.22%	0.02%	0.02%
	RPM	A	0.26%	0.01%	0.01%
	RS	B	0.19%	0.02%	0.02%
	RSG	A	0.34%	0.46%	0.34%
	RTX	D	0.26%	0.09%	0.09%
	RVTY	F	0.14%	0.01%	0.01%
	SBUX	A	0.12%	0.04%	0.04%
	SCHW	B	0.22%	0.04%	0.04%
	SHW	B	0.23%	0.14%	0.14%
	SJM	D	0.2%	0.07%	0.07%
	SLB	C	0.18%	0.03%	0.03%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.26%	0.04%	0.04%
	SNPS	B	0.14%	0.12%	0.12%
	SO	C	0.28%	0.46%	0.28%
	SOLV	D	0.13%	0.03%	0.03%
	SPGI	C	0.29%	0.04%	0.04%
	SQ	A	0.13%	0.02%	0.02%
	SRE	A	0.3%	0.04%	0.04%
	SSNC	B	0.25%	0.01%	0.01%
	STE	D	0.2%	0.01%	0.01%
	STLD	B	0.2%	0.02%	0.02%
	STT	B	0.24%	0.03%	0.03%
	STX	C	0.15%	0.01%	0.01%
	STZ	D	0.24%	0.01%	0.01%
	SWKS	F	0.1%	0.03%	0.03%
	SYF	B	0.2%	0.04%	0.04%
	SYK	B	0.26%	0.03%	0.03%
	SYY	D	0.23%	0.03%	0.03%
	T	A	0.28%	0.39%	0.28%
	TAP	C	0.23%	0.01%	0.01%
	TDG	D	0.2%	0.01%	0.01%
	TDY	B	0.22%	0.06%	0.06%
	TECH	F	0.11%	0.0%	0.0%
	TER	F	0.08%	0.02%	0.02%
	TFX	F	0.14%	0.0%	0.0%
	TGT	F	0.15%	0.15%	0.15%
	TJX	A	0.27%	0.35%	0.27%
	TMO	F	0.19%	0.06%	0.06%
	TMUS	B	0.42%	0.76%	0.42%
	TPL	A	0.19%	0.06%	0.06%
	TRGP	A	0.32%	0.04%	0.04%
	TRMB	B	0.23%	0.01%	0.01%
	TROW	B	0.22%	0.05%	0.05%
	TRV	B	0.25%	0.3%	0.25%
	TSCO	D	0.2%	0.06%	0.06%
	TSLA	B	0.13%	0.16%	0.13%
	TT	A	0.23%	0.15%	0.15%
	TTD	B	0.12%	0.0%	0.0%
	TW	A	0.24%	0.0%	0.0%
	TXN	C	0.17%	0.48%	0.17%
	TXT	D	0.19%	0.01%	0.01%
	TYL	B	0.2%	0.0%	0.0%
	UBER	F	0.12%	0.01%	0.01%
	UHAL	D	0.14%	0.0%	0.0%
	UHS	D	0.15%	0.01%	0.01%
	ULTA	F	0.14%	0.06%	0.06%
	UNH	B	0.19%	1.35%	0.19%
	UNP	C	0.25%	0.26%	0.25%
	UPS	C	0.18%	0.07%	0.07%
	URI	C	0.14%	0.02%	0.02%
	USB	A	0.19%	0.09%	0.09%
	UTHR	C	0.16%	0.15%	0.15%
	V	A	0.35%	1.21%	0.35%
	VEEV	C	0.16%	0.05%	0.05%
	VLO	C	0.16%	0.08%	0.08%
	VLTO	C	0.2%	0.05%	0.05%
	VMC	B	0.23%	0.01%	0.01%
	VRSK	A	0.24%	0.01%	0.01%
	VRSN	C	0.25%	0.14%	0.14%
	VRT	B	0.13%	0.0%	0.0%
	VST	A	0.16%	0.01%	0.01%
	VZ	C	0.23%	0.58%	0.23%
	WAB	B	0.26%	0.01%	0.01%
	WAT	C	0.16%	0.04%	0.04%
	WDAY	B	0.14%	0.04%	0.04%
	WEC	A	0.26%	0.2%	0.2%
	WFC	A	0.24%	0.28%	0.24%
	WLK	D	0.15%	0.0%	0.0%
	WM	B	0.27%	0.52%	0.27%
	WMB	A	0.33%	0.19%	0.19%
	WMT	A	0.29%	0.76%	0.29%
	WRB	A	0.22%	0.14%	0.14%
	WSM	C	0.1%	0.03%	0.03%
	WSO	A	0.19%	0.03%	0.03%
	WST	C	0.13%	0.04%	0.04%
	XEL	A	0.23%	0.09%	0.09%
	XOM	B	0.26%	0.47%	0.26%
	XYL	D	0.21%	0.01%	0.01%
	YUM	D	0.29%	0.15%	0.15%
	ZBH	C	0.24%	0.01%	0.01%
	ZBRA	B	0.15%	0.01%	0.01%
	ZM	C	0.17%	0.01%	0.01%
	ZTS	D	0.17%	0.15%	0.15%

CFA Overweight 38 Positions Relative to QWLD

	Symbol	Grade	Weight
	IBKR	A	0.28%
	CW	C	0.26%
	SCI	B	0.25%
	JEF	A	0.24%
	TXRH	B	0.23%
	MORN	B	0.23%
	RNR	C	0.22%
	RGA	A	0.22%
	UAL	A	0.22%
	USFD	A	0.22%
	EWBC	A	0.21%
	PFGC	B	0.21%
	OWL	A	0.2%
	ITT	A	0.2%
	WMG	D	0.19%
	CLH	C	0.19%
	CASY	A	0.18%
	RYAN	A	0.18%
	TTEK	F	0.17%
	PR	B	0.17%
	PAG	B	0.17%
	JLL	D	0.15%
	FIX	A	0.14%
	CPNG	D	0.14%
	XPO	B	0.14%
	THC	D	0.13%
	TOL	B	0.13%
	COKE	C	0.12%
	WMS	F	0.11%
	FND	D	0.11%
	WING	D	0.11%
	MTD	F	0.11%
	BLD	D	0.1%
	KNSL	B	0.1%
	CVNA	B	0.09%
	CHWY	B	0.08%
	SRPT	F	0.07%
	RKT	F	0.06%

CFA Underweight 151 Positions Relative to QWLD

	Symbol	Grade	Weight
	GOOG	C	-0.94%
	NVS	F	-0.79%
	VRTX	D	-0.43%
	UL	D	-0.27%
	WCN	A	-0.27%
	HSBH	B	-0.25%
	MFG	A	-0.24%
	K	A	-0.23%
	BMY	B	-0.21%
	PFE	F	-0.18%
	CHKP	C	-0.17%
	TM	F	-0.15%
	TSN	B	-0.15%
	MUFG	B	-0.14%
	JNPR	D	-0.12%
	TD	D	-0.12%
	E	F	-0.12%
	BCS	A	-0.11%
	DEO	F	-0.11%
	CNI	F	-0.1%
	SMFG	B	-0.1%
	PSA	C	-0.09%
	LYG	D	-0.09%
	TFC	A	-0.09%
	AMCR	C	-0.08%
	AIZ	A	-0.08%
	SONY	B	-0.08%
	STLA	F	-0.08%
	WBD	B	-0.07%
	HMC	F	-0.07%
	LULU	C	-0.07%
	WTW	B	-0.07%
	LOGI	D	-0.06%
	BTI	B	-0.05%
	DINO	D	-0.05%
	MT	B	-0.05%
	NEM	D	-0.04%
	WBA	F	-0.04%
	MU	D	-0.04%
	DFS	B	-0.04%
	PLD	F	-0.04%
	SW	A	-0.03%
	PNR	A	-0.03%
	VTRS	A	-0.03%
	EQIX	A	-0.02%
	TTC	C	-0.02%
	MKTX	D	-0.02%
	ACI	C	-0.02%
	WY	F	-0.02%
	SEIC	B	-0.02%
	NMR	B	-0.02%
	SPG	A	-0.02%
	AER	A	-0.02%
	MOS	F	-0.02%
	DLR	B	-0.02%
	WELL	A	-0.02%
	PAYC	B	-0.02%
	VICI	C	-0.02%
	MRO	B	-0.02%
	AMT	C	-0.02%
	O	C	-0.02%
	APA	D	-0.02%
	DASH	B	-0.01%
	CPT	B	-0.01%
	WTRG	B	-0.01%
	CTLT	C	-0.01%
	RPRX	D	-0.01%
	SBAC	D	-0.01%
	MBAVU	C	-0.01%
	HST	C	-0.01%
	GLPI	C	-0.01%
	TRU	D	-0.01%
	FOX	A	-0.01%
	TTWO	A	-0.01%
	SUI	C	-0.01%
	REG	A	-0.01%
	IRM	C	-0.01%
	CCL	A	-0.01%
	WPC	C	-0.01%
	INVH	D	-0.01%
	TWLO	A	-0.01%
	HSIC	C	-0.01%
	ESS	B	-0.01%
	BEN	C	-0.01%
	CG	B	-0.01%
	DOC	C	-0.01%
	MRNA	F	-0.01%
	CCEP	C	-0.01%
	BXP	C	-0.01%
	MAA	B	-0.01%
	CHRD	D	-0.01%
	CCK	D	-0.01%
	AGCO	D	-0.01%
	ARE	F	-0.01%
	BALL	F	-0.01%
	DLTR	F	-0.01%
	LKQ	F	-0.01%
	WFG	C	-0.01%
	SE	A	-0.01%
	WDC	D	-0.01%
	KNX	C	-0.01%
	VTR	B	-0.01%
	IFF	D	-0.01%
	KIM	A	-0.01%
	ALB	B	-0.01%
	MRVL	B	-0.01%
	EQR	C	-0.01%
	AVB	B	-0.01%
	SWK	D	-0.01%
	HES	B	-0.01%
	BAX	F	-0.01%
	MELI	C	-0.01%
	BA	F	-0.01%
	EXR	C	-0.01%
	CCI	C	-0.01%
	ES	C	-0.01%
	CNH	C	-0.01%
	PARA	C	-0.01%
	GLBE	B	-0.0%
	IOT	A	-0.0%
	NET	B	-0.0%
	RBLX	C	-0.0%
	XRX	F	-0.0%
	DKNG	B	-0.0%
	TOST	B	-0.0%
	SNAP	D	-0.0%
	FUTU	D	-0.0%
	DAY	B	-0.0%
	SNOW	B	-0.0%
	EXAS	D	-0.0%
	GRAB	A	-0.0%
	ROKU	D	-0.0%
	WYNN	C	-0.0%
	OKTA	C	-0.0%
	MSTR	B	-0.0%
	ELS	C	-0.0%
	RIVN	F	-0.0%
	Z	A	-0.0%
	MTCH	D	-0.0%
	QGEN	D	-0.0%
	LW	C	-0.0%
	BBWI	C	-0.0%
	CRL	D	-0.0%
	BIO	C	-0.0%
	UDR	B	-0.0%
	ILMN	C	-0.0%
	QRVO	F	-0.0%
	OTEX	F	-0.0%
	ANSS	B	-0.0%
	AMH	C	-0.0%
	FBIN	D	-0.0%

CFA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Specialty Retail Capital Markets Diagnostics & Research Insurance - Property & Casualty Aerospace & Defense Banks - Regional - US Oil & Gas E&P Medical Devices Restaurants Software - Infrastructure Specialty Chemicals Biotechnology Drug Manufacturers - Major Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Dow Jones Component Electricity Electronics Aerospace Medicine Bank Chemical Semiconductor Banking Insurance Products Telecommunications Cloud Computing IBD 50 Investment Bank Mining

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors Capital Markets Oil & Gas E&P Software - Infrastructure Specialty Retail Aerospace & Defense Banks - Regional - US Drug Manufacturers - Major REIT - Residential Specialty Chemicals Biotechnology Insurance - Property & Casualty Packaged Foods Banks - Global

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Bank Chemical Telecommunications Aerospace Banking Real Estate Investment Trust Medicine Insurance Products Semiconductor Cloud Computing Mining Mobile Devices