EUSA vs. QWLD ETF Comparison

Comparison of iShares MSCI USA Index Fund (EUSA) to SPDR MSCI World Quality Mix ETF (QWLD)

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.56

Average Daily Volume

46,009

Number of Holdings ^*

591

* 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

$126.95

Average Daily Volume

3,695

Number of Holdings ^*

609

* may have additional holdings in another (foreign) market

Performance

Period	EUSA	QWLD
30 Days	0.99%	-2.18%
60 Days	4.23%	-0.60%
90 Days	6.98%	0.24%
12 Months	29.03%	21.49%

577 Overlapping Holdings

	Symbol	Grade	Weight in EUSA	Weight in QWLD	Overlap
	A	F	0.15%	0.07%	0.07%
	AAPL	C	0.15%	2.5%	0.15%
	ABBV	F	0.16%	0.41%	0.16%
	ABBV	F	0.16%	0.16%	0.16%
	ABNB	D	0.18%	0.01%	0.01%
	ABT	A	0.16%	0.09%	0.09%
	ACGL	D	0.15%	0.25%	0.15%
	ACI	C	0.15%	0.02%	0.02%
	ACM	B	0.18%	0.01%	0.01%
	ACN	C	0.16%	0.65%	0.16%
	ADBE	D	0.14%	0.42%	0.14%
	ADI	D	0.16%	0.04%	0.04%
	ADM	D	0.14%	0.05%	0.05%
	ADP	B	0.18%	0.26%	0.18%
	ADSK	B	0.19%	0.1%	0.1%
	AEE	A	0.17%	0.08%	0.08%
	AEP	C	0.15%	0.07%	0.07%
	AES	F	0.12%	0.01%	0.01%
	AFG	A	0.17%	0.02%	0.02%
	AFL	C	0.18%	0.12%	0.12%
	AIG	C	0.17%	0.07%	0.07%
	AIZ	A	0.19%	0.08%	0.08%
	AJG	B	0.16%	0.18%	0.16%
	AKAM	F	0.14%	0.13%	0.13%
	ALB	B	0.19%	0.01%	0.01%
	ALGN	D	0.15%	0.0%	0.0%
	ALL	A	0.17%	0.07%	0.07%
	ALLE	D	0.17%	0.02%	0.02%
	ALLY	C	0.14%	0.02%	0.02%
	AMAT	F	0.15%	0.32%	0.15%
	AMCR	D	0.15%	0.08%	0.08%
	AMD	F	0.15%	0.04%	0.04%
	AME	A	0.18%	0.01%	0.01%
	AMGN	D	0.15%	0.18%	0.15%
	AMH	C	0.15%	0.0%	0.0%
	AMP	A	0.2%	0.09%	0.09%
	AMT	D	0.14%	0.02%	0.02%
	AMZN	B	0.18%	0.37%	0.18%
	ANET	C	0.18%	0.21%	0.18%
	ANSS	B	0.16%	0.0%	0.0%
	AON	B	0.18%	0.17%	0.17%
	AOS	F	0.14%	0.02%	0.02%
	APA	F	0.12%	0.03%	0.03%
	APD	A	0.18%	0.03%	0.03%
	APH	B	0.17%	0.43%	0.17%
	APO	A	0.24%	0.02%	0.02%
	APP	A	0.52%	0.0%	0.0%
	APTV	F	0.13%	0.01%	0.01%
	ARE	F	0.15%	0.01%	0.01%
	ARES	A	0.19%	0.01%	0.01%
	ATO	A	0.17%	0.01%	0.01%
	AVB	B	0.17%	0.01%	0.01%
	AVGO	C	0.17%	0.12%	0.12%
	AVTR	F	0.14%	0.01%	0.01%
	AVY	D	0.15%	0.03%	0.03%
	AWK	C	0.15%	0.01%	0.01%
	AXON	A	0.25%	0.0%	0.0%
	AXP	B	0.18%	0.06%	0.06%
	AZO	C	0.15%	0.29%	0.15%
	BA	D	0.14%	0.01%	0.01%
	BAC	A	0.18%	0.38%	0.18%
	BAH	D	0.19%	0.18%	0.18%
	BALL	D	0.15%	0.01%	0.01%
	BAX	F	0.15%	0.01%	0.01%
	BBWI	C	0.14%	0.0%	0.0%
	BBY	D	0.16%	0.05%	0.05%
	BDX	F	0.15%	0.08%	0.08%
	BEN	C	0.15%	0.01%	0.01%
	BG	D	0.14%	0.02%	0.02%
	BIIB	F	0.13%	0.01%	0.01%
	BIO	C	0.18%	0.0%	0.0%
	BK	B	0.19%	0.05%	0.05%
	BKNG	A	0.21%	0.03%	0.03%
	BKR	B	0.2%	0.02%	0.02%
	BLDR	D	0.17%	0.04%	0.04%
	BMRN	F	0.11%	0.07%	0.07%
	BMY	A	0.17%	0.21%	0.17%
	BR	B	0.17%	0.04%	0.04%
	BRK.A	B	0.17%	0.72%	0.17%
	BRO	B	0.18%	0.14%	0.14%
	BSX	A	0.18%	0.02%	0.02%
	BSY	D	0.15%	0.01%	0.01%
	BURL	A	0.16%	0.01%	0.01%
	BX	A	0.21%	0.03%	0.03%
	BXP	D	0.18%	0.01%	0.01%
	C	B	0.18%	0.25%	0.18%
	CAG	F	0.14%	0.04%	0.04%
	CAH	B	0.17%	0.12%	0.12%
	CARR	D	0.17%	0.02%	0.02%
	CAT	C	0.18%	0.39%	0.18%
	CB	C	0.16%	0.38%	0.16%
	CBOE	C	0.15%	0.24%	0.15%
	CBRE	B	0.19%	0.03%	0.03%
	CCI	C	0.15%	0.01%	0.01%
	CCK	D	0.17%	0.01%	0.01%
	CCL	A	0.25%	0.01%	0.01%
	CDNS	B	0.17%	0.14%	0.14%
	CDW	F	0.14%	0.08%	0.08%
	CE	F	0.1%	0.01%	0.01%
	CEG	C	0.2%	0.02%	0.02%
	CF	A	0.16%	0.12%	0.12%
	CFG	B	0.18%	0.04%	0.04%
	CG	B	0.2%	0.01%	0.01%
	CHD	A	0.16%	0.18%	0.16%
	CHRD	F	0.14%	0.01%	0.01%
	CHRW	B	0.17%	0.01%	0.01%
	CHTR	B	0.18%	0.06%	0.06%
	CI	D	0.15%	0.17%	0.15%
	CINF	A	0.18%	0.02%	0.02%
	CL	D	0.14%	0.19%	0.14%
	CLX	A	0.17%	0.01%	0.01%
	CMCSA	B	0.17%	0.17%	0.17%
	CME	A	0.17%	0.15%	0.15%
	CMG	C	0.17%	0.13%	0.13%
	CMI	A	0.18%	0.09%	0.09%
	CMS	C	0.16%	0.05%	0.05%
	CNC	F	0.12%	0.05%	0.05%
	CNH	C	0.17%	0.02%	0.02%
	CNP	A	0.18%	0.01%	0.01%
	COF	B	0.21%	0.1%	0.1%
	COIN	A	0.21%	0.01%	0.01%
	COP	B	0.15%	0.1%	0.1%
	COR	B	0.16%	0.42%	0.16%
	COST	A	0.17%	0.75%	0.17%
	CPAY	A	0.21%	0.01%	0.01%
	CPB	D	0.14%	0.09%	0.09%
	CPRT	B	0.17%	0.08%	0.08%
	CPT	C	0.16%	0.0%	0.0%
	CRL	D	0.17%	0.0%	0.0%
	CRM	B	0.19%	0.05%	0.05%
	CRWD	B	0.19%	0.0%	0.0%
	CSCO	B	0.18%	1.02%	0.18%
	CSGP	F	0.16%	0.0%	0.0%
	CSL	C	0.18%	0.03%	0.03%
	CSX	C	0.17%	0.12%	0.12%
	CTAS	B	0.18%	0.14%	0.14%
	CTLT	D	0.16%	0.01%	0.01%
	CTRA	B	0.16%	0.02%	0.02%
	CTSH	C	0.17%	0.21%	0.17%
	CTVA	C	0.17%	0.05%	0.05%
	CVS	F	0.15%	0.18%	0.15%
	CVX	A	0.17%	0.31%	0.17%
	D	C	0.16%	0.06%	0.06%
	DAL	A	0.24%	0.01%	0.01%
	DASH	A	0.21%	0.0%	0.0%
	DAY	B	0.23%	0.0%	0.0%
	DD	D	0.17%	0.02%	0.02%
	DDOG	A	0.17%	0.0%	0.0%
	DE	C	0.16%	0.06%	0.06%
	DECK	A	0.17%	0.05%	0.05%
	DELL	B	0.19%	0.01%	0.01%
	DFS	B	0.2%	0.04%	0.04%
	DG	F	0.1%	0.01%	0.01%
	DGX	A	0.16%	0.1%	0.1%
	DHI	D	0.15%	0.11%	0.11%
	DHR	D	0.14%	0.05%	0.05%
	DINO	D	0.14%	0.05%	0.05%
	DIS	B	0.17%	0.08%	0.08%
	DKNG	B	0.18%	0.0%	0.0%
	DKS	D	0.14%	0.02%	0.02%
	DLR	A	0.19%	0.02%	0.02%
	DLTR	F	0.1%	0.01%	0.01%
	DOC	D	0.16%	0.01%	0.01%
	DOCU	B	0.22%	0.0%	0.0%
	DOV	B	0.18%	0.05%	0.05%
	DOW	F	0.14%	0.04%	0.04%
	DPZ	C	0.17%	0.06%	0.06%
	DRI	C	0.17%	0.03%	0.03%
	DT	C	0.16%	0.0%	0.0%
	DTE	C	0.15%	0.02%	0.02%
	DUK	C	0.16%	0.36%	0.16%
	DVA	C	0.16%	0.01%	0.01%
	DVN	F	0.14%	0.03%	0.03%
	DXCM	C	0.15%	0.0%	0.0%
	EA	A	0.17%	0.19%	0.17%
	EBAY	D	0.17%	0.01%	0.01%
	ECL	D	0.16%	0.01%	0.01%
	ED	C	0.15%	0.36%	0.15%
	EFX	F	0.14%	0.01%	0.01%
	EG	D	0.15%	0.06%	0.06%
	EIX	C	0.15%	0.02%	0.02%
	EL	F	0.11%	0.01%	0.01%
	ELS	B	0.16%	0.0%	0.0%
	ELV	F	0.12%	0.22%	0.12%
	EME	A	0.22%	0.04%	0.04%
	EMN	D	0.16%	0.01%	0.01%
	EMR	A	0.19%	0.03%	0.03%
	ENPH	F	0.09%	0.02%	0.02%
	ENTG	F	0.15%	0.0%	0.0%
	EOG	A	0.16%	0.05%	0.05%
	EPAM	C	0.18%	0.02%	0.02%
	EQH	B	0.16%	0.01%	0.01%
	EQIX	A	0.17%	0.01%	0.01%
	EQR	C	0.16%	0.01%	0.01%
	EQT	A	0.19%	0.01%	0.01%
	ERIE	F	0.14%	0.12%	0.12%
	ES	C	0.14%	0.01%	0.01%
	ESS	A	0.16%	0.01%	0.01%
	ETN	B	0.19%	0.03%	0.03%
	ETR	A	0.2%	0.03%	0.03%
	EVRG	A	0.17%	0.01%	0.01%
	EW	C	0.15%	0.07%	0.07%
	EXAS	D	0.14%	0.0%	0.0%
	EXC	C	0.16%	0.03%	0.03%
	EXPD	D	0.16%	0.04%	0.04%
	EXPE	B	0.21%	0.01%	0.01%
	EXR	C	0.16%	0.01%	0.01%
	F	C	0.16%	0.09%	0.09%
	FANG	D	0.15%	0.09%	0.09%
	FAST	B	0.19%	0.09%	0.09%
	FBIN	F	0.16%	0.01%	0.01%
	FCNCA	A	0.17%	0.12%	0.12%
	FCX	F	0.17%	0.03%	0.03%
	FDS	B	0.18%	0.03%	0.03%
	FDX	B	0.15%	0.07%	0.07%
	FE	C	0.15%	0.01%	0.01%
	FFIV	B	0.19%	0.16%	0.16%
	FI	A	0.21%	0.08%	0.08%
	FICO	B	0.21%	0.04%	0.04%
	FIS	C	0.19%	0.02%	0.02%
	FITB	B	0.18%	0.03%	0.03%
	FNF	A	0.16%	0.01%	0.01%
	FOX	A	0.06%	0.01%	0.01%
	FOXA	B	0.11%	0.01%	0.01%
	FSLR	F	0.14%	0.01%	0.01%
	FTNT	B	0.19%	0.01%	0.01%
	FTV	D	0.16%	0.01%	0.01%
	GD	D	0.16%	0.19%	0.16%
	GDDY	A	0.17%	0.23%	0.17%
	GE	D	0.17%	0.31%	0.17%
	GEHC	D	0.16%	0.02%	0.02%
	GEN	B	0.18%	0.12%	0.12%
	GEV	A	0.29%	0.02%	0.02%
	GGG	B	0.17%	0.03%	0.03%
	GILD	C	0.2%	0.25%	0.2%
	GIS	F	0.14%	0.33%	0.14%
	GLPI	C	0.16%	0.01%	0.01%
	GLW	B	0.19%	0.02%	0.02%
	GM	B	0.19%	0.18%	0.18%
	GOOG	B	0.08%	0.95%	0.08%
	GOOGL	B	0.09%	1.08%	0.09%
	GPC	F	0.14%	0.05%	0.05%
	GPN	C	0.16%	0.02%	0.02%
	GRMN	B	0.19%	0.05%	0.05%
	GS	B	0.19%	0.17%	0.17%
	GWW	B	0.19%	0.11%	0.11%
	H	B	0.17%	0.0%	0.0%
	HAL	C	0.15%	0.02%	0.02%
	HBAN	B	0.2%	0.03%	0.03%
	HCA	F	0.15%	0.04%	0.04%
	HD	A	0.17%	0.14%	0.14%
	HEI	A	0.07%	0.0%	0.0%
	HEI	A	0.1%	0.0%	0.0%
	HEI	A	0.07%	0.0%	0.0%
	HEI	A	0.1%	0.0%	0.0%
	HES	B	0.16%	0.01%	0.01%
	HIG	B	0.18%	0.03%	0.03%
	HII	F	0.12%	0.01%	0.01%
	HLT	A	0.18%	0.01%	0.01%
	HOLX	D	0.15%	0.01%	0.01%
	HON	B	0.17%	0.25%	0.17%
	HOOD	A	0.24%	0.0%	0.0%
	HPE	B	0.18%	0.04%	0.04%
	HPQ	B	0.17%	0.04%	0.04%
	HRL	D	0.15%	0.09%	0.09%
	HSIC	C	0.15%	0.01%	0.01%
	HST	D	0.17%	0.01%	0.01%
	HSY	F	0.14%	0.16%	0.14%
	HUBB	B	0.2%	0.04%	0.04%
	HUM	D	0.13%	0.16%	0.13%
	HWM	A	0.19%	0.01%	0.01%
	IBM	C	0.17%	0.48%	0.17%
	ICE	C	0.15%	0.03%	0.03%
	IDXX	F	0.14%	0.07%	0.07%
	IEX	B	0.18%	0.03%	0.03%
	IFF	D	0.15%	0.01%	0.01%
	ILMN	C	0.18%	0.0%	0.0%
	INCY	C	0.2%	0.16%	0.16%
	INTC	C	0.2%	0.1%	0.1%
	INTU	B	0.16%	0.25%	0.16%
	INVH	D	0.15%	0.01%	0.01%
	IOT	A	0.2%	0.0%	0.0%
	IP	A	0.19%	0.02%	0.02%
	IPG	F	0.15%	0.02%	0.02%
	IQV	F	0.14%	0.01%	0.01%
	IR	B	0.18%	0.01%	0.01%
	IRM	C	0.17%	0.01%	0.01%
	ISRG	A	0.17%	0.25%	0.17%
	IT	C	0.18%	0.04%	0.04%
	ITW	B	0.17%	0.14%	0.14%
	J	D	0.15%	0.01%	0.01%
	JBHT	C	0.17%	0.03%	0.03%
	JBL	C	0.2%	0.02%	0.02%
	JCI	B	0.19%	0.03%	0.03%
	JKHY	D	0.19%	0.07%	0.07%
	JNJ	D	0.15%	1.11%	0.15%
	JNPR	D	0.16%	0.13%	0.13%
	JPM	A	0.17%	0.59%	0.17%
	K	B	0.16%	0.22%	0.16%
	KDP	D	0.14%	0.14%	0.14%
	KEY	B	0.18%	0.03%	0.03%
	KEYS	C	0.19%	0.18%	0.18%
	KHC	F	0.15%	0.21%	0.15%
	KIM	A	0.17%	0.01%	0.01%
	KKR	A	0.2%	0.02%	0.02%
	KLAC	F	0.13%	0.16%	0.13%
	KMB	C	0.15%	0.11%	0.11%
	KMI	A	0.2%	0.04%	0.04%
	KMX	C	0.15%	0.01%	0.01%
	KNX	B	0.17%	0.01%	0.01%
	KO	D	0.14%	0.57%	0.14%
	KR	B	0.18%	0.32%	0.18%
	KVUE	A	0.17%	0.08%	0.08%
	L	A	0.17%	0.17%	0.17%
	LDOS	C	0.2%	0.01%	0.01%
	LEN	D	0.16%	0.09%	0.09%
	LH	B	0.17%	0.02%	0.02%
	LHX	B	0.18%	0.03%	0.03%
	LII	A	0.17%	0.0%	0.0%
	LIN	D	0.16%	0.06%	0.06%
	LKQ	F	0.15%	0.01%	0.01%
	LLY	F	0.14%	1.17%	0.14%
	LMT	D	0.16%	0.43%	0.16%
	LNG	A	0.18%	0.05%	0.05%
	LNT	A	0.16%	0.03%	0.03%
	LOW	C	0.18%	0.07%	0.07%
	LPLA	A	0.22%	0.04%	0.04%
	LRCX	F	0.14%	0.2%	0.14%
	LULU	C	0.18%	0.07%	0.07%
	LUV	B	0.19%	0.0%	0.0%
	LVS	B	0.19%	0.0%	0.0%
	LW	C	0.21%	0.0%	0.0%
	LYB	F	0.14%	0.03%	0.03%
	LYV	A	0.2%	0.0%	0.0%
	MA	B	0.19%	0.7%	0.19%
	MAA	A	0.16%	0.01%	0.01%
	MANH	D	0.17%	0.04%	0.04%
	MAR	B	0.19%	0.01%	0.01%
	MAS	D	0.16%	0.01%	0.01%
	MCD	D	0.16%	0.41%	0.16%
	MCHP	F	0.14%	0.06%	0.06%
	MCK	A	0.17%	0.51%	0.17%
	MCO	D	0.16%	0.12%	0.12%
	MDLZ	F	0.15%	0.15%	0.15%
	MDT	D	0.16%	0.06%	0.06%
	MELI	D	0.15%	0.01%	0.01%
	MET	A	0.19%	0.05%	0.05%
	META	C	0.17%	2.14%	0.17%
	MGM	D	0.15%	0.01%	0.01%
	MKC	D	0.15%	0.01%	0.01%
	MKL	A	0.17%	0.12%	0.12%
	MKTX	D	0.18%	0.02%	0.02%
	MLM	B	0.18%	0.01%	0.01%
	MMC	D	0.16%	0.51%	0.16%
	MMM	D	0.16%	0.14%	0.14%
	MNST	C	0.18%	0.07%	0.07%
	MO	A	0.17%	0.04%	0.04%
	MOH	F	0.15%	0.06%	0.06%
	MOS	D	0.16%	0.02%	0.02%
	MPC	D	0.14%	0.17%	0.14%
	MPWR	F	0.13%	0.06%	0.06%
	MRK	F	0.14%	0.44%	0.14%
	MRNA	F	0.08%	0.01%	0.01%
	MRO	A	0.16%	0.02%	0.02%
	MRVL	B	0.21%	0.01%	0.01%
	MS	A	0.2%	0.11%	0.11%
	MSCI	B	0.16%	0.0%	0.0%
	MSFT	D	0.16%	2.29%	0.16%
	MSI	B	0.18%	0.61%	0.18%
	MSTR	A	0.32%	0.0%	0.0%
	MTB	A	0.2%	0.05%	0.05%
	MTCH	F	0.13%	0.0%	0.0%
	MU	D	0.16%	0.04%	0.04%
	NBIX	C	0.13%	0.11%	0.11%
	NDAQ	A	0.18%	0.01%	0.01%
	NDSN	D	0.17%	0.02%	0.02%
	NEE	C	0.15%	0.05%	0.05%
	NEM	D	0.14%	0.04%	0.04%
	NET	B	0.17%	0.0%	0.0%
	NFLX	A	0.18%	0.51%	0.18%
	NI	A	0.18%	0.01%	0.01%
	NKE	F	0.14%	0.16%	0.14%
	NOC	D	0.16%	0.33%	0.16%
	NOW	B	0.19%	0.01%	0.01%
	NRG	B	0.18%	0.02%	0.02%
	NSC	B	0.18%	0.03%	0.03%
	NTAP	C	0.15%	0.04%	0.04%
	NTRS	A	0.19%	0.02%	0.02%
	NUE	D	0.17%	0.05%	0.05%
	NVDA	A	0.18%	2.56%	0.18%
	NVR	D	0.17%	0.06%	0.06%
	NWSA	B	0.17%	0.01%	0.01%
	NXPI	F	0.14%	0.02%	0.02%
	O	C	0.15%	0.02%	0.02%
	OC	A	0.19%	0.03%	0.03%
	ODFL	B	0.18%	0.08%	0.08%
	OKE	A	0.19%	0.03%	0.03%
	OKTA	D	0.12%	0.0%	0.0%
	OMC	C	0.17%	0.04%	0.04%
	ON	F	0.14%	0.01%	0.01%
	ORCL	A	0.21%	0.25%	0.21%
	ORLY	B	0.17%	0.24%	0.17%
	OTIS	C	0.17%	0.01%	0.01%
	OVV	C	0.16%	0.02%	0.02%
	OXY	F	0.14%	0.03%	0.03%
	PANW	B	0.17%	0.18%	0.17%
	PARA	D	0.16%	0.02%	0.02%
	PAYC	B	0.22%	0.02%	0.02%
	PAYX	B	0.19%	0.1%	0.1%
	PCAR	C	0.19%	0.11%	0.11%
	PCG	A	0.17%	0.03%	0.03%
	PEG	C	0.17%	0.02%	0.02%
	PEP	F	0.15%	0.79%	0.15%
	PFE	F	0.14%	0.19%	0.14%
	PFG	C	0.17%	0.02%	0.02%
	PG	C	0.15%	0.89%	0.15%
	PGR	B	0.17%	0.35%	0.17%
	PH	B	0.19%	0.02%	0.02%
	PHM	D	0.17%	0.06%	0.06%
	PINS	F	0.14%	0.0%	0.0%
	PKG	B	0.19%	0.04%	0.04%
	PLD	D	0.15%	0.04%	0.04%
	PLTR	A	0.28%	0.0%	0.0%
	PM	A	0.17%	0.07%	0.07%
	PNC	B	0.18%	0.09%	0.09%
	PNR	B	0.19%	0.03%	0.03%
	PODD	B	0.23%	0.0%	0.0%
	POOL	D	0.17%	0.03%	0.03%
	PPG	F	0.16%	0.01%	0.01%
	PPL	A	0.16%	0.01%	0.01%
	PRU	B	0.18%	0.05%	0.05%
	PSA	C	0.16%	0.08%	0.08%
	PSTG	F	0.13%	0.0%	0.0%
	PSX	C	0.15%	0.13%	0.13%
	PTC	B	0.17%	0.08%	0.08%
	PWR	A	0.19%	0.01%	0.01%
	PYPL	B	0.18%	0.04%	0.04%
	QCOM	F	0.15%	0.34%	0.15%
	QRVO	F	0.1%	0.0%	0.0%
	RBLX	B	0.2%	0.0%	0.0%
	RCL	A	0.22%	0.01%	0.01%
	REG	A	0.16%	0.01%	0.01%
	REGN	F	0.11%	0.33%	0.11%
	RF	A	0.19%	0.03%	0.03%
	RIVN	F	0.13%	0.0%	0.0%
	RJF	A	0.22%	0.02%	0.02%
	RMD	C	0.18%	0.05%	0.05%
	ROK	B	0.16%	0.06%	0.06%
	ROKU	D	0.19%	0.0%	0.0%
	ROL	B	0.16%	0.08%	0.08%
	ROP	C	0.16%	0.49%	0.16%
	ROST	D	0.15%	0.02%	0.02%
	RPM	B	0.18%	0.01%	0.01%
	RPRX	F	0.15%	0.01%	0.01%
	RS	B	0.18%	0.02%	0.02%
	RSG	A	0.16%	0.45%	0.16%
	RTX	D	0.16%	0.09%	0.09%
	RVTY	D	0.16%	0.01%	0.01%
	SBAC	D	0.16%	0.01%	0.01%
	SBUX	A	0.16%	0.04%	0.04%
	SCHW	A	0.18%	0.04%	0.04%
	SEIC	B	0.19%	0.02%	0.02%
	SHW	C	0.17%	0.14%	0.14%
	SJM	D	0.15%	0.07%	0.07%
	SLB	C	0.15%	0.03%	0.03%
	SMCI	F	0.06%	0.02%	0.02%
	SNA	B	0.2%	0.04%	0.04%
	SNAP	D	0.2%	0.0%	0.0%
	SNOW	C	0.14%	0.0%	0.0%
	SNPS	C	0.16%	0.13%	0.13%
	SO	C	0.16%	0.45%	0.16%
	SOLV	F	0.19%	0.03%	0.03%
	SPG	A	0.18%	0.02%	0.02%
	SPGI	D	0.16%	0.03%	0.03%
	SQ	A	0.18%	0.01%	0.01%
	SRE	A	0.18%	0.03%	0.03%
	SSNC	C	0.16%	0.01%	0.01%
	STE	D	0.15%	0.01%	0.01%
	STLD	B	0.2%	0.03%	0.03%
	STT	B	0.18%	0.03%	0.03%
	STX	D	0.16%	0.01%	0.01%
	STZ	D	0.15%	0.01%	0.01%
	SUI	C	0.15%	0.01%	0.01%
	SW	A	0.19%	0.03%	0.03%
	SWK	F	0.15%	0.01%	0.01%
	SWKS	F	0.13%	0.03%	0.03%
	SYF	B	0.22%	0.04%	0.04%
	SYK	A	0.17%	0.03%	0.03%
	SYY	D	0.16%	0.03%	0.03%
	T	A	0.18%	0.38%	0.18%
	TAP	B	0.17%	0.01%	0.01%
	TDG	D	0.16%	0.01%	0.01%
	TDY	B	0.18%	0.06%	0.06%
	TECH	F	0.16%	0.0%	0.0%
	TER	F	0.13%	0.03%	0.03%
	TFC	A	0.17%	0.09%	0.09%
	TFX	F	0.13%	0.0%	0.0%
	TGT	B	0.16%	0.14%	0.14%
	TJX	A	0.16%	0.33%	0.16%
	TMO	F	0.14%	0.06%	0.06%
	TMUS	B	0.18%	0.73%	0.18%
	TOST	A	0.25%	0.0%	0.0%
	TPL	A	0.26%	0.05%	0.05%
	TRGP	A	0.21%	0.04%	0.04%
	TRMB	B	0.2%	0.01%	0.01%
	TROW	B	0.17%	0.05%	0.05%
	TRU	D	0.18%	0.01%	0.01%
	TRV	A	0.18%	0.29%	0.18%
	TSCO	D	0.17%	0.06%	0.06%
	TSLA	A	0.23%	0.14%	0.14%
	TSN	B	0.15%	0.13%	0.13%
	TT	A	0.18%	0.14%	0.14%
	TTC	F	0.15%	0.02%	0.02%
	TTD	B	0.19%	0.0%	0.0%
	TTWO	A	0.18%	0.01%	0.01%
	TW	A	0.18%	0.0%	0.0%
	TWLO	A	0.24%	0.01%	0.01%
	TXN	C	0.17%	0.51%	0.17%
	TXT	D	0.16%	0.01%	0.01%
	TYL	B	0.17%	0.0%	0.0%
	UBER	F	0.15%	0.01%	0.01%
	UDR	C	0.16%	0.0%	0.0%
	UHAL	D	0.16%	0.01%	0.01%
	UHS	D	0.14%	0.01%	0.01%
	ULTA	F	0.16%	0.07%	0.07%
	UNH	C	0.17%	1.34%	0.17%
	UNP	D	0.15%	0.27%	0.15%
	UPS	C	0.16%	0.07%	0.07%
	URI	B	0.19%	0.02%	0.02%
	USB	B	0.18%	0.09%	0.09%
	UTHR	C	0.18%	0.16%	0.16%
	V	A	0.19%	1.19%	0.19%
	VEEV	C	0.19%	0.05%	0.05%
	VICI	C	0.15%	0.02%	0.02%
	VLO	C	0.15%	0.07%	0.07%
	VLTO	C	0.15%	0.05%	0.05%
	VMC	B	0.19%	0.01%	0.01%
	VRSK	B	0.16%	0.01%	0.01%
	VRSN	F	0.16%	0.14%	0.14%
	VRT	A	0.26%	0.0%	0.0%
	VRTX	D	0.17%	0.45%	0.17%
	VST	A	0.28%	0.01%	0.01%
	VTR	B	0.17%	0.01%	0.01%
	VTRS	A	0.18%	0.03%	0.03%
	VZ	C	0.15%	0.56%	0.15%
	WAB	B	0.2%	0.01%	0.01%
	WAT	C	0.18%	0.04%	0.04%
	WBA	F	0.13%	0.04%	0.04%
	WBD	B	0.18%	0.06%	0.06%
	WCN	A	0.16%	0.26%	0.16%
	WDAY	C	0.17%	0.04%	0.04%
	WDC	F	0.17%	0.01%	0.01%
	WEC	A	0.16%	0.19%	0.16%
	WELL	A	0.18%	0.02%	0.02%
	WFC	A	0.2%	0.27%	0.2%
	WLK	F	0.14%	0.0%	0.0%
	WM	B	0.17%	0.52%	0.17%
	WMB	A	0.2%	0.19%	0.19%
	WMT	A	0.17%	0.75%	0.17%
	WPC	C	0.15%	0.01%	0.01%
	WRB	B	0.17%	0.14%	0.14%
	WSM	D	0.15%	0.03%	0.03%
	WSO	A	0.17%	0.03%	0.03%
	WST	D	0.17%	0.04%	0.04%
	WTRG	B	0.16%	0.01%	0.01%
	WTW	B	0.18%	0.07%	0.07%
	WY	D	0.16%	0.02%	0.02%
	WYNN	D	0.17%	0.0%	0.0%
	XEL	A	0.17%	0.08%	0.08%
	XOM	B	0.16%	0.47%	0.16%
	XYL	D	0.15%	0.01%	0.01%
	YUM	D	0.16%	0.15%	0.15%
	Z	A	0.21%	0.0%	0.0%
	ZBH	C	0.15%	0.01%	0.01%
	ZBRA	B	0.18%	0.01%	0.01%
	ZM	B	0.21%	0.01%	0.01%
	ZTS	D	0.15%	0.15%	0.15%

EUSA Overweight 17 Positions Relative to QWLD

	Symbol	Grade	Weight
	TEAM	A	0.24%
	HUBS	B	0.21%
	EXE	A	0.2%
	BLK	B	0.19%
	FLUT	A	0.19%
	AZPN	A	0.18%
	MDB	C	0.18%
	CRH	B	0.18%
	COO	D	0.17%
	ZS	B	0.16%
	FERG	C	0.16%
	TEL	C	0.16%
	FWONK	B	0.16%
	NLY	C	0.16%
	ALNY	D	0.15%
	MTD	F	0.14%
	CELH	F	0.11%

EUSA Underweight 34 Positions Relative to QWLD

	Symbol	Grade	Weight
	NVS	D	-0.81%
	UL	D	-0.27%
	HSBH	A	-0.25%
	MFG	A	-0.22%
	CHKP	D	-0.17%
	TM	D	-0.14%
	MUFG	A	-0.13%
	TD	D	-0.12%
	E	F	-0.12%
	DEO	F	-0.11%
	BCS	B	-0.11%
	SMFG	A	-0.1%
	CNI	F	-0.1%
	LYG	C	-0.09%
	SONY	B	-0.08%
	STLA	F	-0.08%
	HMC	F	-0.07%
	LOGI	F	-0.06%
	MT	B	-0.05%
	BTI	C	-0.04%
	NMR	B	-0.02%
	AER	B	-0.02%
	MBAVU	A	-0.01%
	CCEP	D	-0.01%
	AGCO	F	-0.01%
	SE	A	-0.01%
	WFG	C	-0.01%
	CRBG	B	-0.01%
	GLBE	A	-0.0%
	XRX	F	-0.0%
	FUTU	C	-0.0%
	GRAB	A	-0.0%
	QGEN	F	-0.0%
	OTEX	F	-0.0%

EUSA: Top Represented Industries & Keywords

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

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

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management 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