EQAL vs. QWLD ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to SPDR MSCI World Quality Mix ETF (QWLD)

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$50.53

Average Daily Volume

16,975

Number of Holdings ^*

968

* 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

$129.37

Average Daily Volume

3,681

Number of Holdings ^*

609

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	QWLD
30 Days	4.04%	0.56%
60 Days	9.37%	3.41%
90 Days	11.95%	6.97%
12 Months	32.96%	28.63%

569 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in QWLD	Overlap
A	D	0.08%	0.07%	0.07%
AAPL	B	0.07%	2.55%	0.07%
ABBV	B	0.08%	0.15%	0.08%
ABBV	B	0.08%	0.42%	0.08%
ABNB	D	0.06%	0.01%	0.01%
ABT	B	0.08%	0.1%	0.08%
ACGL	D	0.06%	0.24%	0.06%
ACI	C	0.15%	0.02%	0.02%
ACM	B	0.05%	0.01%	0.01%
ACN	C	0.05%	0.64%	0.05%
ADBE	F	0.05%	0.41%	0.05%
ADI	D	0.07%	0.04%	0.04%
ADM	F	0.15%	0.05%	0.05%
ADP	A	0.05%	0.25%	0.05%
ADSK	A	0.07%	0.09%	0.07%
AEE	A	0.21%	0.08%	0.08%
AEP	D	0.19%	0.07%	0.07%
AES	F	0.18%	0.01%	0.01%
AFG	B	0.06%	0.02%	0.02%
AFL	D	0.06%	0.11%	0.06%
AGCO	D	0.05%	0.01%	0.01%
AIG	C	0.06%	0.07%	0.06%
AIZ	A	0.06%	0.07%	0.06%
AJG	C	0.06%	0.18%	0.06%
AKAM	F	0.07%	0.13%	0.07%
ALB	C	0.26%	0.01%	0.01%
ALGN	F	0.07%	0.0%	0.0%
ALL	B	0.06%	0.07%	0.06%
ALLE	C	0.05%	0.02%	0.02%
ALLY	C	0.07%	0.01%	0.01%
AMAT	D	0.06%	0.31%	0.06%
AMCR	D	0.05%	0.08%	0.05%
AMD	F	0.06%	0.04%	0.04%
AME	A	0.04%	0.01%	0.01%
AMGN	C	0.08%	0.19%	0.08%
AMH	D	0.13%	0.0%	0.0%
AMP	B	0.08%	0.08%	0.08%
AMT	F	0.13%	0.02%	0.02%
AMZN	B	0.05%	0.36%	0.05%
ANET	C	0.57%	0.2%	0.2%
ANSS	B	0.06%	0.0%	0.0%
AON	B	0.07%	0.16%	0.07%
AOS	F	0.05%	0.02%	0.02%
APA	F	0.2%	0.03%	0.03%
APD	B	0.27%	0.03%	0.03%
APH	B	0.07%	0.42%	0.07%
APO	B	0.08%	0.01%	0.01%
APP	B	0.1%	0.0%	0.0%
APTV	F	0.05%	0.01%	0.01%
ARE	D	0.13%	0.01%	0.01%
ARES	B	0.08%	0.0%	0.0%
ATO	A	0.21%	0.01%	0.01%
AVB	A	0.14%	0.01%	0.01%
AVGO	B	0.07%	0.12%	0.07%
AVTR	F	0.07%	0.01%	0.01%
AVY	F	0.23%	0.03%	0.03%
AWK	D	0.19%	0.01%	0.01%
AXON	B	0.05%	0.0%	0.0%
AXP	B	0.05%	0.06%	0.05%
AZO	D	0.05%	0.27%	0.05%
BA	F	0.04%	0.01%	0.01%
BAC	B	0.07%	0.35%	0.07%
BAH	B	0.05%	0.18%	0.05%
BALL	F	0.05%	0.01%	0.01%
BAX	F	0.07%	0.01%	0.01%
BBWI	D	0.06%	0.0%	0.0%
BBY	D	0.05%	0.06%	0.05%
BDX	F	0.08%	0.08%	0.08%
BEN	C	0.07%	0.01%	0.01%
BG	F	0.14%	0.02%	0.02%
BIIB	F	0.07%	0.01%	0.01%
BIO	B	0.08%	0.0%	0.0%
BK	B	0.07%	0.05%	0.05%
BKNG	B	0.06%	0.03%	0.03%
BKR	B	0.23%	0.02%	0.02%
BLDR	D	0.05%	0.04%	0.04%
BMRN	F	0.06%	0.07%	0.06%
BMY	C	0.09%	0.21%	0.09%
BR	A	0.06%	0.04%	0.04%
BRK.A	C	0.07%	0.71%	0.07%
BRO	B	0.07%	0.13%	0.07%
BSX	A	0.08%	0.02%	0.02%
BSY	F	0.06%	0.01%	0.01%
BURL	C	0.05%	0.01%	0.01%
BX	A	0.07%	0.03%	0.03%
BXP	B	0.15%	0.01%	0.01%
C	B	0.07%	0.23%	0.07%
CAG	F	0.15%	0.04%	0.04%
CAH	B	0.08%	0.13%	0.08%
CARR	D	0.05%	0.02%	0.02%
CAT	B	0.05%	0.36%	0.05%
CB	D	0.06%	0.39%	0.06%
CBOE	D	0.06%	0.25%	0.06%
CBRE	A	0.16%	0.03%	0.03%
CCI	D	0.13%	0.01%	0.01%
CCK	C	0.05%	0.01%	0.01%
CCL	B	0.07%	0.01%	0.01%
CDNS	B	0.07%	0.13%	0.07%
CDW	F	0.06%	0.07%	0.06%
CE	F	0.26%	0.01%	0.01%
CEG	D	0.28%	0.02%	0.02%
CF	B	0.26%	0.13%	0.13%
CFG	B	0.07%	0.03%	0.03%
CG	B	0.08%	0.01%	0.01%
CHD	C	0.16%	0.19%	0.16%
CHRD	F	0.19%	0.01%	0.01%
CHRW	B	0.05%	0.01%	0.01%
CHTR	B	0.5%	0.05%	0.05%
CI	F	0.07%	0.18%	0.07%
CINF	B	0.07%	0.02%	0.02%
CL	F	0.14%	0.2%	0.14%
CLX	B	0.15%	0.01%	0.01%
CMCSA	B	0.55%	0.17%	0.17%
CME	B	0.07%	0.16%	0.07%
CMG	C	0.05%	0.14%	0.05%
CMI	B	0.05%	0.09%	0.05%
CMS	D	0.2%	0.05%	0.05%
CNC	F	0.07%	0.05%	0.05%
CNH	D	0.05%	0.02%	0.02%
CNP	B	0.21%	0.01%	0.01%
COF	B	0.05%	0.09%	0.05%
COIN	B	0.08%	0.0%	0.0%
COP	C	0.2%	0.1%	0.1%
COR	B	0.16%	0.41%	0.16%
COST	B	0.05%	0.74%	0.05%
CPAY	B	0.05%	0.01%	0.01%
CPB	D	0.15%	0.09%	0.09%
CPRT	B	0.06%	0.07%	0.06%
CPT	C	0.13%	0.0%	0.0%
CRBG	C	0.07%	0.01%	0.01%
CRL	D	0.08%	0.0%	0.0%
CRM	A	0.07%	0.05%	0.05%
CRWD	C	0.07%	0.0%	0.0%
CSCO	A	0.57%	0.99%	0.57%
CSGP	D	0.13%	0.0%	0.0%
CSL	C	0.05%	0.03%	0.03%
CSX	B	0.04%	0.11%	0.04%
CTAS	A	0.05%	0.14%	0.05%
CTLT	D	0.08%	0.01%	0.01%
CTRA	C	0.21%	0.02%	0.02%
CTSH	B	0.07%	0.2%	0.07%
CTVA	C	0.18%	0.05%	0.05%
CVS	F	0.16%	0.17%	0.16%
CVX	B	0.22%	0.31%	0.22%
D	C	0.21%	0.06%	0.06%
DAL	B	0.07%	0.01%	0.01%
DASH	A	0.07%	0.0%	0.0%
DAY	A	0.07%	0.0%	0.0%
DD	D	0.05%	0.02%	0.02%
DDOG	C	0.07%	0.0%	0.0%
DE	C	0.05%	0.06%	0.05%
DECK	B	0.06%	0.05%	0.05%
DELL	C	0.07%	0.01%	0.01%
DFS	B	0.07%	0.04%	0.04%
DG	F	0.05%	0.01%	0.01%
DGX	B	0.08%	0.1%	0.08%
DHI	D	0.05%	0.11%	0.05%
DHR	F	0.08%	0.05%	0.05%
DINO	F	0.19%	0.04%	0.04%
DIS	C	0.06%	0.08%	0.06%
DKNG	C	0.05%	0.0%	0.0%
DKS	D	0.05%	0.02%	0.02%
DLR	B	0.16%	0.02%	0.02%
DLTR	F	0.05%	0.01%	0.01%
DOC	B	0.14%	0.01%	0.01%
DOCU	A	0.08%	0.0%	0.0%
DOV	B	0.05%	0.04%	0.04%
DOW	F	0.05%	0.04%	0.04%
DPZ	C	0.05%	0.06%	0.05%
DRI	B	0.05%	0.03%	0.03%
DT	C	0.07%	0.0%	0.0%
DTE	D	0.2%	0.02%	0.02%
DUK	D	0.2%	0.36%	0.2%
DVA	D	0.07%	0.01%	0.01%
DVN	F	0.19%	0.03%	0.03%
DXCM	D	0.08%	0.0%	0.0%
EA	B	0.05%	0.18%	0.05%
EBAY	D	0.05%	0.01%	0.01%
ECL	D	0.24%	0.01%	0.01%
ED	D	0.2%	0.37%	0.2%
EFX	D	0.04%	0.01%	0.01%
EG	D	0.06%	0.05%	0.05%
EIX	D	0.2%	0.02%	0.02%
EL	F	0.05%	0.01%	0.01%
ELS	C	0.13%	0.0%	0.0%
ELV	F	0.06%	0.21%	0.06%
EME	B	0.05%	0.04%	0.04%
EMN	D	0.25%	0.01%	0.01%
EMR	B	0.05%	0.03%	0.03%
ENPH	F	0.16%	0.02%	0.02%
ENTG	F	0.06%	0.0%	0.0%
EOG	B	0.21%	0.05%	0.05%
EPAM	C	0.06%	0.02%	0.02%
EQH	B	0.07%	0.01%	0.01%
EQIX	B	0.15%	0.02%	0.02%
EQR	D	0.13%	0.01%	0.01%
EQT	B	0.24%	0.01%	0.01%
ES	D	0.2%	0.02%	0.02%
ESS	C	0.13%	0.01%	0.01%
ETN	A	0.05%	0.03%	0.03%
ETR	B	0.22%	0.03%	0.03%
EVRG	B	0.2%	0.01%	0.01%
EW	F	0.08%	0.07%	0.07%
EXAS	F	0.09%	0.0%	0.0%
EXC	D	0.2%	0.03%	0.03%
EXPD	D	0.05%	0.04%	0.04%
EXPE	B	0.06%	0.01%	0.01%
EXR	D	0.13%	0.01%	0.01%
F	D	0.05%	0.09%	0.05%
FANG	D	0.21%	0.09%	0.09%
FAST	B	0.27%	0.09%	0.09%
FBIN	D	0.05%	0.01%	0.01%
FCNCA	B	0.07%	0.1%	0.07%
FCX	C	0.27%	0.03%	0.03%
FDS	B	0.07%	0.03%	0.03%
FDX	B	0.05%	0.07%	0.05%
FE	D	0.19%	0.01%	0.01%
FFIV	B	0.07%	0.16%	0.07%
FI	B	0.05%	0.08%	0.05%
FICO	B	0.05%	0.04%	0.04%
FIS	C	0.05%	0.02%	0.02%
FITB	B	0.07%	0.03%	0.03%
FNF	C	0.06%	0.01%	0.01%
FOXA	B	0.06%	0.01%	0.01%
FSLR	F	0.17%	0.01%	0.01%
FTNT	A	0.07%	0.01%	0.01%
FTV	F	0.04%	0.01%	0.01%
GD	B	0.04%	0.18%	0.04%
GDDY	A	0.07%	0.22%	0.07%
GE	C	0.05%	0.3%	0.05%
GEHC	D	0.09%	0.02%	0.02%
GEN	B	0.07%	0.11%	0.07%
GEV	A	0.06%	0.02%	0.02%
GGG	C	0.05%	0.02%	0.02%
GILD	B	0.09%	0.25%	0.09%
GIS	F	0.15%	0.35%	0.15%
GLPI	D	0.14%	0.01%	0.01%
GLW	B	0.07%	0.02%	0.02%
GM	B	0.06%	0.17%	0.06%
GOOGL	B	0.07%	1.07%	0.07%
GPC	F	0.05%	0.05%	0.05%
GPN	C	0.04%	0.02%	0.02%
GRMN	B	0.06%	0.05%	0.05%
GS	B	0.07%	0.15%	0.07%
GWW	A	0.05%	0.11%	0.05%
H	C	0.06%	0.0%	0.0%
HAL	D	0.2%	0.01%	0.01%
HBAN	B	0.07%	0.03%	0.03%
HCA	D	0.07%	0.04%	0.04%
HD	B	0.05%	0.15%	0.05%
HEI	C	0.05%	0.0%	0.0%
HEI	C	0.05%	0.0%	0.0%
HES	C	0.21%	0.01%	0.01%
HIG	C	0.07%	0.03%	0.03%
HII	F	0.04%	0.01%	0.01%
HLT	A	0.05%	0.01%	0.01%
HOLX	D	0.08%	0.01%	0.01%
HON	B	0.05%	0.24%	0.05%
HOOD	A	0.08%	0.0%	0.0%
HPE	B	0.08%	0.03%	0.03%
HPQ	B	0.07%	0.04%	0.04%
HRL	F	0.15%	0.1%	0.1%
HSIC	F	0.08%	0.01%	0.01%
HST	C	0.14%	0.01%	0.01%
HSY	F	0.14%	0.16%	0.14%
HUBB	B	0.05%	0.04%	0.04%
HUM	F	0.07%	0.15%	0.07%
HWM	B	0.05%	0.01%	0.01%
IBM	D	0.06%	0.47%	0.06%
ICE	D	0.07%	0.03%	0.03%
IDXX	F	0.07%	0.07%	0.07%
IEX	B	0.05%	0.03%	0.03%
IFF	F	0.24%	0.01%	0.01%
ILMN	B	0.1%	0.0%	0.0%
INCY	A	0.09%	0.15%	0.09%
INTC	C	0.07%	0.1%	0.07%
INTU	A	0.06%	0.24%	0.06%
INVH	D	0.13%	0.01%	0.01%
IP	B	0.25%	0.02%	0.02%
IPG	F	0.05%	0.02%	0.02%
IQV	F	0.07%	0.01%	0.01%
IR	B	0.05%	0.01%	0.01%
IRM	C	0.15%	0.01%	0.01%
ISRG	A	0.08%	0.25%	0.08%
IT	B	0.07%	0.03%	0.03%
ITW	B	0.05%	0.13%	0.05%
J	C	0.05%	0.01%	0.01%
JBHT	B	0.05%	0.03%	0.03%
JBL	C	0.07%	0.02%	0.02%
JCI	A	0.05%	0.03%	0.03%
JKHY	C	0.05%	0.07%	0.05%
JNJ	D	0.08%	1.15%	0.08%
JNPR	C	0.52%	0.13%	0.13%
JPM	B	0.07%	0.55%	0.07%
K	A	0.16%	0.23%	0.16%
KDP	F	0.14%	0.14%	0.14%
KEY	B	0.07%	0.02%	0.02%
KEYS	A	0.05%	0.17%	0.05%
KHC	F	0.16%	0.21%	0.16%
KIM	A	0.14%	0.01%	0.01%
KKR	B	0.08%	0.02%	0.02%
KLAC	F	0.06%	0.16%	0.06%
KMB	D	0.15%	0.11%	0.11%
KMI	A	0.25%	0.03%	0.03%
KMX	F	0.05%	0.01%	0.01%
KNX	B	0.05%	0.01%	0.01%
KO	D	0.15%	0.59%	0.15%
KR	A	0.16%	0.3%	0.16%
KVUE	A	0.16%	0.08%	0.08%
L	A	0.06%	0.16%	0.06%
LDOS	A	0.08%	0.01%	0.01%
LEN	D	0.05%	0.09%	0.05%
LH	A	0.09%	0.02%	0.02%
LHX	A	0.05%	0.02%	0.02%
LII	A	0.05%	0.0%	0.0%
LIN	D	0.24%	0.06%	0.06%
LKQ	F	0.05%	0.01%	0.01%
LLY	D	0.07%	1.26%	0.07%
LMT	D	0.04%	0.43%	0.04%
LNG	A	0.21%	0.05%	0.05%
LNT	D	0.2%	0.03%	0.03%
LOW	B	0.06%	0.07%	0.06%
LPLA	A	0.08%	0.04%	0.04%
LRCX	D	0.06%	0.2%	0.06%
LULU	D	0.06%	0.07%	0.06%
LUV	B	0.06%	0.0%	0.0%
LVS	C	0.07%	0.0%	0.0%
LW	C	0.2%	0.0%	0.0%
LYB	F	0.22%	0.03%	0.03%
LYV	B	0.06%	0.0%	0.0%
MA	A	0.05%	0.7%	0.05%
MAA	C	0.13%	0.01%	0.01%
MANH	C	0.06%	0.04%	0.04%
MAR	A	0.06%	0.01%	0.01%
MAS	D	0.05%	0.01%	0.01%
MCD	D	0.05%	0.42%	0.05%
MCHP	F	0.06%	0.07%	0.06%
MCK	B	0.16%	0.5%	0.16%
MCO	C	0.06%	0.13%	0.06%
MDLZ	F	0.15%	0.15%	0.15%
MDT	C	0.08%	0.06%	0.06%
MET	C	0.07%	0.05%	0.05%
META	B	0.07%	2.16%	0.07%
MGM	F	0.06%	0.01%	0.01%
MKC	D	0.15%	0.01%	0.01%
MKL	B	0.06%	0.12%	0.06%
MKTX	C	0.07%	0.02%	0.02%
MLM	B	0.05%	0.01%	0.01%
MMC	C	0.06%	0.51%	0.06%
MMM	C	0.04%	0.14%	0.04%
MNST	B	0.17%	0.07%	0.07%
MO	B	0.15%	0.04%	0.04%
MOH	F	0.07%	0.07%	0.07%
MOS	C	0.26%	0.02%	0.02%
MPC	F	0.18%	0.16%	0.16%
MPWR	F	0.07%	0.05%	0.05%
MRK	F	0.07%	0.45%	0.07%
MRNA	F	0.06%	0.01%	0.01%
MRO	B	0.2%	0.02%	0.02%
MRVL	B	0.07%	0.01%	0.01%
MS	B	0.07%	0.1%	0.07%
MSCI	B	0.06%	0.0%	0.0%
MSFT	C	0.06%	2.28%	0.06%
MSI	A	0.53%	0.6%	0.53%
MSTR	B	0.12%	0.0%	0.0%
MTB	B	0.08%	0.04%	0.04%
MTCH	F	0.07%	0.0%	0.0%
MU	C	0.07%	0.04%	0.04%
NBIX	C	0.08%	0.11%	0.08%
NDAQ	B	0.07%	0.01%	0.01%
NDSN	C	0.05%	0.02%	0.02%
NEE	D	0.19%	0.06%	0.06%
NEM	D	0.21%	0.04%	0.04%
NET	C	0.07%	0.0%	0.0%
NFLX	A	0.05%	0.5%	0.05%
NI	A	0.21%	0.01%	0.01%
NKE	F	0.05%	0.17%	0.05%
NOC	C	0.05%	0.33%	0.05%
NOW	B	0.07%	0.01%	0.01%
NRG	B	0.22%	0.01%	0.01%
NSC	B	0.05%	0.03%	0.03%
NTAP	C	0.06%	0.04%	0.04%
NTRS	B	0.07%	0.02%	0.02%
NUE	C	0.25%	0.04%	0.04%
NVDA	B	0.07%	2.42%	0.07%
NVR	D	0.05%	0.06%	0.05%
NWSA	B	0.06%	0.01%	0.01%
O	D	0.14%	0.02%	0.02%
OC	B	0.05%	0.03%	0.03%
ODFL	B	0.05%	0.07%	0.05%
OKE	A	0.22%	0.03%	0.03%
OKTA	D	0.06%	0.0%	0.0%
OMC	B	0.06%	0.04%	0.04%
ON	D	0.06%	0.01%	0.01%
ORCL	A	0.07%	0.24%	0.07%
ORLY	B	0.05%	0.23%	0.05%
OTIS	B	0.05%	0.01%	0.01%
OVV	D	0.21%	0.02%	0.02%
OXY	F	0.2%	0.03%	0.03%
PANW	A	0.07%	0.17%	0.07%
PARA	C	0.05%	0.02%	0.02%
PAYC	B	0.06%	0.02%	0.02%
PAYX	A	0.05%	0.1%	0.05%
PCAR	B	0.05%	0.1%	0.05%
PCG	B	0.21%	0.03%	0.03%
PEG	D	0.21%	0.02%	0.02%
PEP	F	0.15%	0.81%	0.15%
PFE	F	0.08%	0.2%	0.08%
PFG	C	0.06%	0.02%	0.02%
PG	D	0.15%	0.93%	0.15%
PGR	B	0.06%	0.33%	0.06%
PH	B	0.05%	0.02%	0.02%
PHM	D	0.05%	0.06%	0.05%
PINS	D	0.07%	0.0%	0.0%
PKG	B	0.05%	0.04%	0.04%
PLD	F	0.12%	0.04%	0.04%
PLTR	A	0.08%	0.0%	0.0%
PM	C	0.17%	0.07%	0.07%
PNC	A	0.07%	0.09%	0.07%
PNR	B	0.05%	0.03%	0.03%
PODD	B	0.08%	0.0%	0.0%
POOL	B	0.05%	0.03%	0.03%
PPG	F	0.04%	0.01%	0.01%
PPL	B	0.2%	0.01%	0.01%
PRU	C	0.07%	0.05%	0.05%
PSA	D	0.13%	0.08%	0.08%
PSTG	C	0.07%	0.0%	0.0%
PSX	F	0.2%	0.13%	0.13%
PTC	B	0.07%	0.08%	0.07%
PWR	A	0.05%	0.01%	0.01%
PYPL	A	0.05%	0.04%	0.04%
QCOM	C	0.06%	0.33%	0.06%
QGEN	D	0.08%	0.0%	0.0%
QRVO	F	0.04%	0.0%	0.0%
RBLX	B	0.05%	0.0%	0.0%
RCL	B	0.07%	0.01%	0.01%
REG	B	0.14%	0.01%	0.01%
REGN	F	0.06%	0.34%	0.06%
RF	B	0.07%	0.03%	0.03%
RIVN	F	0.04%	0.0%	0.0%
RJF	B	0.08%	0.02%	0.02%
RMD	B	0.08%	0.05%	0.05%
ROK	B	0.04%	0.06%	0.04%
ROKU	C	0.54%	0.0%	0.0%
ROL	C	0.05%	0.08%	0.05%
ROP	B	0.06%	0.48%	0.06%
ROST	D	0.05%	0.02%	0.02%
RPM	B	0.05%	0.01%	0.01%
RPRX	F	0.08%	0.01%	0.01%
RS	B	0.26%	0.02%	0.02%
RSG	B	0.2%	0.44%	0.2%
RTX	C	0.05%	0.09%	0.05%
RVTY	B	0.08%	0.01%	0.01%
SBAC	D	0.14%	0.01%	0.01%
SBUX	B	0.05%	0.04%	0.04%
SCHW	B	0.07%	0.04%	0.04%
SEIC	B	0.07%	0.02%	0.02%
SHW	B	0.04%	0.13%	0.04%
SJM	D	0.16%	0.07%	0.07%
SLB	D	0.2%	0.03%	0.03%
SMCI	F	0.05%	0.02%	0.02%
SNA	A	0.05%	0.03%	0.03%
SNOW	C	0.07%	0.0%	0.0%
SNPS	B	0.07%	0.12%	0.07%
SO	D	0.2%	0.47%	0.2%
SOLV	C	0.09%	0.03%	0.03%
SPG	A	0.15%	0.02%	0.02%
SPGI	D	0.06%	0.03%	0.03%
SQ	C	0.05%	0.01%	0.01%
SRE	A	0.21%	0.03%	0.03%
SSNC	C	0.06%	0.01%	0.01%
STE	F	0.07%	0.01%	0.01%
STLD	B	0.29%	0.02%	0.02%
STT	B	0.07%	0.03%	0.03%
STZ	F	0.15%	0.01%	0.01%
SUI	F	0.13%	0.01%	0.01%
SW	B	0.05%	0.03%	0.03%
SWK	F	0.04%	0.01%	0.01%
SWKS	F	0.06%	0.03%	0.03%
SYF	B	0.05%	0.03%	0.03%
SYK	A	0.08%	0.03%	0.03%
SYY	C	0.16%	0.03%	0.03%
T	B	0.52%	0.38%	0.38%
TAP	C	0.17%	0.01%	0.01%
TDG	C	0.04%	0.01%	0.01%
TDY	A	0.05%	0.06%	0.05%
TECH	B	0.08%	0.0%	0.0%
TER	F	0.05%	0.03%	0.03%
TFC	B	0.07%	0.08%	0.07%
TFX	F	0.08%	0.0%	0.0%
TGT	F	0.05%	0.15%	0.05%
TJX	C	0.05%	0.33%	0.05%
TMO	F	0.08%	0.06%	0.06%
TMUS	A	0.56%	0.72%	0.56%
TOST	B	0.07%	0.0%	0.0%
TPL	B	0.29%	0.05%	0.05%
TRGP	A	0.23%	0.04%	0.04%
TRMB	A	0.05%	0.01%	0.01%
TROW	B	0.07%	0.05%	0.05%
TRU	C	0.05%	0.01%	0.01%
TRV	B	0.07%	0.28%	0.07%
TSCO	C	0.05%	0.05%	0.05%
TSLA	B	0.06%	0.12%	0.06%
TSN	D	0.15%	0.13%	0.13%
TT	A	0.05%	0.14%	0.05%
TTC	D	0.05%	0.02%	0.02%
TTD	B	0.06%	0.0%	0.0%
TTWO	B	0.05%	0.01%	0.01%
TW	B	0.07%	0.0%	0.0%
TWLO	A	0.08%	0.01%	0.01%
TXN	A	0.06%	0.5%	0.06%
TXT	D	0.04%	0.01%	0.01%
TYL	B	0.07%	0.0%	0.0%
UBER	F	0.06%	0.01%	0.01%
UDR	C	0.13%	0.0%	0.0%
UHAL	B	0.06%	0.01%	0.01%
UHS	D	0.07%	0.01%	0.01%
ULTA	C	0.05%	0.07%	0.05%
UNH	B	0.08%	1.3%	0.08%
UNP	D	0.05%	0.26%	0.05%
UPS	D	0.05%	0.07%	0.05%
URI	B	0.05%	0.02%	0.02%
USB	B	0.07%	0.09%	0.07%
UTHR	B	0.09%	0.15%	0.09%
V	B	0.05%	1.14%	0.05%
VEEV	B	0.08%	0.05%	0.05%
VICI	D	0.14%	0.02%	0.02%
VLO	D	0.19%	0.07%	0.07%
VLTO	D	0.05%	0.05%	0.05%
VMC	B	0.05%	0.01%	0.01%
VRSK	A	0.05%	0.01%	0.01%
VRSN	D	0.06%	0.14%	0.06%
VRT	A	0.08%	0.0%	0.0%
VRTX	A	0.08%	0.44%	0.08%
VST	B	0.31%	0.01%	0.01%
VTR	B	0.14%	0.01%	0.01%
VTRS	B	0.08%	0.03%	0.03%
VZ	D	0.48%	0.58%	0.48%
WAB	A	0.05%	0.01%	0.01%
WAT	B	0.08%	0.04%	0.04%
WBA	F	0.17%	0.04%	0.04%
WBD	C	0.05%	0.06%	0.05%
WDAY	C	0.06%	0.04%	0.04%
WDC	C	0.07%	0.01%	0.01%
WEC	B	0.2%	0.2%	0.2%
WELL	B	0.15%	0.02%	0.02%
WFC	B	0.08%	0.25%	0.08%
WLK	F	0.23%	0.0%	0.0%
WM	B	0.21%	0.52%	0.21%
WMB	B	0.24%	0.18%	0.18%
WMT	A	0.05%	0.75%	0.05%
WPC	D	0.13%	0.01%	0.01%
WRB	B	0.06%	0.14%	0.06%
WSM	F	0.05%	0.04%	0.04%
WSO	B	0.04%	0.03%	0.03%
WST	C	0.09%	0.04%	0.04%
WTRG	B	0.2%	0.01%	0.01%
WTW	B	0.07%	0.07%	0.07%
WY	D	0.14%	0.02%	0.02%
WYNN	D	0.07%	0.0%	0.0%
XEL	B	0.2%	0.08%	0.08%
XOM	B	0.21%	0.46%	0.21%
XYL	F	0.05%	0.01%	0.01%
YUM	C	0.05%	0.15%	0.05%
Z	B	0.15%	0.0%	0.0%
ZBH	C	0.08%	0.01%	0.01%
ZBRA	B	0.06%	0.01%	0.01%
ZM	A	0.07%	0.01%	0.01%
ZTS	F	0.08%	0.16%	0.08%

EQAL Overweight 401 Positions Relative to QWLD

Symbol	Grade	Weight
LBRDK	B	0.68%
UI	B	0.67%
LITE	B	0.62%
CIEN	A	0.61%
IRDM	C	0.58%
FYBR	C	0.52%
MP	B	0.33%
SMG	D	0.32%
AA	B	0.31%
X	C	0.28%
SCCO	D	0.28%
CLF	D	0.28%
CC	C	0.26%
TKR	F	0.26%
RGLD	B	0.26%
FMC	D	0.26%
ESI	B	0.26%
ASH	F	0.25%
HUN	F	0.25%
OLN	F	0.24%
HXL	D	0.24%
RBC	A	0.24%
DTM	A	0.24%
NEU	D	0.23%
AR	C	0.22%
RRC	C	0.22%
FTI	B	0.22%
UGI	D	0.21%
AM	B	0.21%
NFG	C	0.21%
MTDR	C	0.21%
PR	C	0.21%
NOV	D	0.2%
CWEN	D	0.2%
PNW	B	0.2%
IDA	A	0.2%
OGE	A	0.2%
CLH	B	0.2%
SRCL	A	0.2%
AGR	C	0.2%
PPC	B	0.19%
DAR	C	0.19%
CIVI	D	0.19%
WFRD	F	0.18%
SAM	C	0.18%
PFGC	B	0.18%
BRBR	A	0.18%
CASY	B	0.17%
VNO	A	0.17%
USFD	B	0.17%
FLO	F	0.16%
DJT	D	0.16%
INGR	B	0.16%
NFE	F	0.16%
SPB	C	0.16%
KRC	B	0.16%
SEG	D	0.15%
SEB	F	0.15%
OHI	B	0.15%
LAMR	C	0.15%
HIW	B	0.15%
CUZ	B	0.15%
CELH	F	0.15%
COKE	D	0.15%
FRPT	B	0.15%
JLL	C	0.15%
POST	D	0.15%
STAG	D	0.14%
GO	D	0.14%
FRT	C	0.14%
ADC	B	0.14%
EPR	D	0.14%
REYN	F	0.14%
RYN	D	0.14%
BRX	A	0.14%
PK	C	0.14%
HHH	B	0.14%
NSA	D	0.13%
COLD	F	0.13%
CUBE	D	0.13%
EGP	D	0.13%
NNN	D	0.13%
FR	D	0.13%
WOLF	F	0.12%
MPW	D	0.12%
REXR	F	0.12%
EXEL	B	0.1%
MASI	B	0.1%
PEN	C	0.09%
PINC	B	0.09%
JAZZ	B	0.09%
NVST	C	0.09%
GMED	B	0.09%
ALNY	B	0.09%
ITCI	A	0.09%
DOCS	B	0.09%
VKTX	C	0.09%
EHC	B	0.09%
SOFI	A	0.09%
MEDP	D	0.08%
WTFC	B	0.08%
LSCC	C	0.08%
AMG	C	0.08%
RNG	B	0.08%
SF	B	0.08%
PEGA	A	0.08%
CVNA	B	0.08%
ZION	B	0.08%
PRGO	D	0.08%
IBKR	B	0.08%
WBS	B	0.08%
CHE	F	0.08%
CACI	B	0.08%
COLB	B	0.08%
SHC	C	0.08%
RGEN	F	0.08%
CERT	D	0.08%
INSP	D	0.08%
ROIV	C	0.08%
ENOV	C	0.08%
CFR	B	0.08%
TPG	B	0.08%
SRPT	F	0.08%
IPGP	C	0.08%
AMED	C	0.08%
THC	B	0.08%
COHR	B	0.08%
UAL	A	0.08%
RCM	B	0.08%
NTRA	A	0.08%
NCNO	B	0.08%
EWBC	B	0.08%
OWL	B	0.08%
MTG	D	0.07%
IAC	C	0.07%
CNA	D	0.07%
KMPR	A	0.07%
INFA	D	0.07%
RH	B	0.07%
PB	B	0.07%
THG	A	0.07%
ALGM	F	0.07%
CBSH	A	0.07%
DLB	C	0.07%
GL	C	0.07%
NTNX	B	0.07%
RLI	A	0.07%
PATH	D	0.07%
FIVN	D	0.07%
VOYA	B	0.07%
WTM	B	0.07%
SNX	B	0.07%
VFC	B	0.07%
ONTO	F	0.07%
BOKF	B	0.07%
DOX	A	0.07%
PYCR	C	0.07%
DBX	C	0.07%
GLOB	B	0.07%
WAL	B	0.07%
FTRE	D	0.07%
AXS	A	0.07%
SAIC	B	0.07%
FNB	B	0.07%
LAD	B	0.07%
NWL	B	0.07%
DUOL	B	0.07%
NU	B	0.07%
RYAN	B	0.07%
MORN	A	0.07%
U	D	0.07%
HLI	B	0.07%
OZK	B	0.07%
ESTC	C	0.07%
PCOR	C	0.07%
NCLH	B	0.07%
SLM	B	0.07%
CACC	F	0.07%
ARW	F	0.07%
KBR	A	0.07%
PRI	A	0.07%
SMAR	B	0.07%
GWRE	B	0.07%
FHB	B	0.07%
ZS	C	0.07%
JEF	B	0.07%
EVR	B	0.07%
XRAY	F	0.07%
HUBS	B	0.07%
IVZ	B	0.07%
CMA	B	0.07%
OGN	F	0.07%
TEAM	B	0.07%
AGO	B	0.07%
PSN	B	0.07%
FHN	B	0.07%
ELAN	D	0.07%
AVT	B	0.07%
LNC	B	0.07%
PNFP	B	0.07%
SNV	B	0.07%
RARE	D	0.07%
MTSI	B	0.07%
AZTA	F	0.07%
TDC	D	0.07%
JHG	A	0.07%
BRKR	F	0.07%
OMF	A	0.07%
CFLT	C	0.07%
IONS	F	0.07%
UNM	B	0.07%
S	B	0.07%
BHF	B	0.07%
HAYW	C	0.06%
NYT	B	0.06%
SITE	C	0.06%
PLTK	B	0.06%
SIRI	D	0.06%
XPO	B	0.06%
FLS	A	0.06%
CW	A	0.06%
AMKR	F	0.06%
GNTX	D	0.06%
ARMK	B	0.06%
FOUR	B	0.06%
SN	C	0.06%
NXST	C	0.06%
GXO	C	0.06%
AAON	B	0.06%
WHR	B	0.06%
ESAB	B	0.06%
PCTY	B	0.06%
ALSN	A	0.06%
TPR	A	0.06%
THO	C	0.06%
VAC	B	0.06%
PENN	C	0.06%
AGNC	D	0.06%
MAT	C	0.06%
DDS	C	0.06%
BWXT	B	0.06%
BPOP	D	0.06%
KNSL	D	0.06%
CZR	D	0.06%
MSGS	B	0.06%
GME	C	0.06%
TXG	F	0.06%
XP	F	0.06%
GFS	C	0.06%
RL	B	0.06%
MDB	C	0.06%
DNB	B	0.06%
WH	A	0.06%
TNL	A	0.06%
APPF	D	0.06%
HCP	A	0.06%
BYD	A	0.06%
APLS	F	0.06%
DV	D	0.06%
LYFT	C	0.06%
WEN	C	0.06%
AAL	C	0.06%
UAA	C	0.06%
CPNG	C	0.06%
RGA	B	0.06%
SPOT	B	0.06%
TXRH	B	0.06%
STWD	D	0.06%
CHH	B	0.06%
DXC	C	0.06%
FAF	D	0.06%
GTLB	C	0.06%
TRIP	D	0.06%
VIRT	A	0.06%
CAR	D	0.06%
RNR	B	0.06%
ALK	B	0.06%
TFSL	B	0.06%
ORI	B	0.06%
OLED	F	0.06%
CLVT	F	0.06%
ZI	C	0.06%
KD	B	0.06%
APG	B	0.05%
GPK	C	0.05%
SPR	F	0.05%
MSM	C	0.05%
WWD	B	0.05%
COLM	C	0.05%
OLLI	C	0.05%
G	B	0.05%
PII	F	0.05%
SSD	C	0.05%
MTN	D	0.05%
UWMC	F	0.05%
EEFT	C	0.05%
OSK	B	0.05%
LNW	C	0.05%
ST	F	0.05%
AAP	F	0.05%
RHI	C	0.05%
LFUS	C	0.05%
QS	F	0.05%
FND	F	0.05%
HOG	F	0.05%
MTZ	A	0.05%
ETSY	D	0.05%
SKX	F	0.05%
SNDR	A	0.05%
BC	C	0.05%
AZEK	B	0.05%
VNT	B	0.05%
AN	D	0.05%
AXTA	A	0.05%
ITT	A	0.05%
CGNX	C	0.05%
MUSA	C	0.05%
MIDD	C	0.05%
WMS	D	0.05%
LEA	F	0.05%
YETI	F	0.05%
AL	B	0.05%
BFAM	F	0.05%
ELF	D	0.05%
CR	A	0.05%
W	F	0.05%
LPX	B	0.05%
KSS	F	0.05%
PAG	C	0.05%
AFRM	B	0.05%
TPX	C	0.05%
EXP	B	0.05%
MDU	F	0.05%
HRB	D	0.05%
LEG	F	0.05%
BROS	B	0.05%
ATR	B	0.05%
BERY	C	0.05%
TREX	C	0.05%
SEE	C	0.05%
VMI	B	0.05%
LOPE	A	0.05%
LECO	C	0.05%
ADTN	B	0.05%
CHDN	B	0.05%
SLGN	B	0.05%
GTES	B	0.05%
TTEK	C	0.05%
FIVE	F	0.05%
BIRK	F	0.05%
SCI	A	0.05%
VVV	B	0.05%
GNRC	A	0.05%
CNM	D	0.05%
RRX	B	0.05%
FIX	A	0.05%
BILL	B	0.05%
WCC	B	0.05%
TOL	B	0.05%
PLNT	B	0.05%
NVT	B	0.05%
AWI	A	0.05%
AYI	A	0.05%
R	A	0.05%
SAIA	C	0.05%
GAP	C	0.05%
CRUS	F	0.05%
HAS	D	0.05%
RBA	B	0.05%
BWA	D	0.05%
JWN	C	0.05%
M	C	0.05%
ACHC	F	0.05%
BJ	B	0.05%
PVH	C	0.05%
TKO	D	0.05%
RKT	D	0.05%
WING	F	0.04%
WU	F	0.04%
MAN	F	0.04%
SON	F	0.04%
MHK	D	0.04%
FCN	F	0.04%
CRI	F	0.04%
KEX	C	0.04%
LSTR	C	0.04%
VSTS	F	0.04%
CNXC	F	0.04%
WSC	C	0.04%
ATI	D	0.04%
MTD	F	0.04%
MKSI	D	0.04%
CXT	D	0.04%
CROX	F	0.04%
BLD	F	0.04%
COTY	F	0.04%
MSA	D	0.04%
WEX	F	0.04%
DCI	A	0.04%
CPRI	F	0.03%
LCID	F	0.03%

EQAL Underweight 40 Positions Relative to QWLD

Symbol	Grade	Weight
GOOG	B	-0.93%
NVS	D	-0.84%
UL	D	-0.29%
WCN	B	-0.26%
HSBH	F	-0.25%
MFG	B	-0.21%
CHKP	D	-0.17%
TM	F	-0.14%
E	F	-0.13%
MUFG	B	-0.13%
DEO	F	-0.12%
TD	D	-0.12%
ERIE	D	-0.12%
BCS	B	-0.11%
CNI	F	-0.1%
LYG	D	-0.09%
SMFG	B	-0.09%
HMC	F	-0.08%
SONY	C	-0.08%
STLA	F	-0.08%
LOGI	F	-0.06%
MT	B	-0.05%
BTI	D	-0.04%
NXPI	D	-0.02%
AER	B	-0.02%
FOX	B	-0.01%
MBAVU	C	-0.01%
STX	D	-0.01%
CCEP	D	-0.01%
SE	C	-0.01%
WFG	D	-0.01%
NMR	B	-0.01%
MELI	D	-0.01%
GLBE	B	-0.0%
IOT	A	-0.0%
XRX	F	-0.0%
SNAP	C	-0.0%
FUTU	C	-0.0%
GRAB	B	-0.0%
OTEX	F	-0.0%