GSEW vs. QWLD ETF Comparison

Comparison of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) to SPDR MSCI World Quality Mix ETF (QWLD)

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$76.11

Average Daily Volume

54,376

Number of Holdings ^*

486

* 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

$127.71

Average Daily Volume

5,957

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

Performance

Period	GSEW	QWLD
30 Days	2.84%	2.52%
60 Days	3.99%	3.66%
90 Days	6.96%	6.00%
12 Months	24.46%	24.12%

476 Overlapping Holdings

Symbol	Grade	Weight in GSEW	Weight in QWLD	Overlap
A	C	0.21%	0.07%	0.07%
AAPL	D	0.2%	2.52%	0.2%
ABBV	B	0.21%	0.15%	0.15%
ABBV	B	0.21%	0.41%	0.21%
ABNB	D	0.2%	0.01%	0.01%
ABT	B	0.21%	0.09%	0.09%
ACGL	A	0.2%	0.29%	0.2%
ACN	C	0.21%	0.63%	0.21%
ADBE	D	0.2%	0.48%	0.2%
ADI	D	0.2%	0.04%	0.04%
ADM	D	0.2%	0.05%	0.05%
ADP	A	0.21%	0.24%	0.21%
ADSK	B	0.2%	0.08%	0.08%
AEE	A	0.21%	0.08%	0.08%
AEP	A	0.21%	0.07%	0.07%
AFL	B	0.2%	0.12%	0.12%
AIG	D	0.19%	0.07%	0.07%
AJG	A	0.21%	0.19%	0.19%
AKAM	D	0.19%	0.13%	0.13%
ALB	D	0.19%	0.01%	0.01%
ALGN	D	0.21%	0.0%	0.0%
ALL	A	0.2%	0.07%	0.07%
AMAT	D	0.2%	0.31%	0.2%
AMD	D	0.21%	0.04%	0.04%
AME	D	0.2%	0.01%	0.01%
AMGN	B	0.2%	0.19%	0.19%
AMP	B	0.2%	0.07%	0.07%
AMT	B	0.21%	0.03%	0.03%
AMZN	C	0.21%	0.31%	0.21%
ANET	C	0.2%	0.17%	0.17%
ANSS	D	0.2%	0.0%	0.0%
AON	B	0.21%	0.16%	0.16%
APA	F	0.18%	0.03%	0.03%
APD	B	0.2%	0.02%	0.02%
APH	D	0.2%	0.37%	0.2%
APO	C	0.2%	0.01%	0.01%
ARE	B	0.21%	0.01%	0.01%
ARES	C	0.2%	0.0%	0.0%
ATO	A	0.21%	0.01%	0.01%
AVB	B	0.21%	0.01%	0.01%
AVGO	C	0.19%	0.1%	0.1%
AVTR	B	0.22%	0.01%	0.01%
AVY	B	0.2%	0.03%	0.03%
AWK	A	0.21%	0.01%	0.01%
AXON	A	0.21%	0.0%	0.0%
AXP	B	0.2%	0.05%	0.05%
AZO	C	0.2%	0.29%	0.2%
BA	F	0.2%	0.02%	0.02%
BAC	D	0.2%	0.34%	0.2%
BAH	B	0.2%	0.16%	0.16%
BALL	C	0.2%	0.01%	0.01%
BAX	C	0.21%	0.02%	0.02%
BBY	B	0.2%	0.06%	0.06%
BDX	D	0.2%	0.08%	0.08%
BG	F	0.2%	0.03%	0.03%
BIIB	F	0.2%	0.02%	0.02%
BK	A	0.2%	0.04%	0.04%
BKNG	B	0.21%	0.02%	0.02%
BKR	D	0.2%	0.02%	0.02%
BLDR	C	0.21%	0.04%	0.04%
BLK	A	0.2%	0.21%	0.2%
BMRN	F	0.19%	0.1%	0.1%
BMY	C	0.2%	0.19%	0.19%
BR	B	0.21%	0.04%	0.04%
BRK.A	C	0.2%	0.75%	0.2%
BRO	B	0.2%	0.13%	0.13%
BSX	B	0.21%	0.02%	0.02%
BX	A	0.21%	0.02%	0.02%
C	D	0.19%	0.22%	0.19%
CAG	B	0.21%	0.05%	0.05%
CAH	B	0.2%	0.12%	0.12%
CARR	A	0.21%	0.02%	0.02%
CAT	C	0.2%	0.32%	0.2%
CB	B	0.21%	0.41%	0.21%
CBOE	B	0.21%	0.25%	0.21%
CBRE	B	0.21%	0.02%	0.02%
CCI	B	0.22%	0.02%	0.02%
CCL	C	0.2%	0.0%	0.0%
CDNS	D	0.21%	0.12%	0.12%
CDW	D	0.2%	0.08%	0.08%
CE	D	0.19%	0.01%	0.01%
CEG	C	0.2%	0.01%	0.01%
CF	C	0.19%	0.12%	0.12%
CFG	C	0.19%	0.03%	0.03%
CHD	B	0.2%	0.19%	0.19%
CHTR	D	0.19%	0.05%	0.05%
CI	B	0.2%	0.2%	0.2%
CINF	B	0.2%	0.02%	0.02%
CL	C	0.2%	0.23%	0.2%
CLX	B	0.21%	0.01%	0.01%
CMCSA	D	0.2%	0.15%	0.15%
CME	B	0.21%	0.15%	0.15%
CMG	C	0.21%	0.12%	0.12%
CMI	C	0.2%	0.08%	0.08%
CMS	A	0.21%	0.05%	0.05%
CNC	C	0.2%	0.06%	0.06%
CNP	C	0.2%	0.01%	0.01%
COF	D	0.19%	0.08%	0.08%
COIN	F	0.19%	0.0%	0.0%
COP	F	0.19%	0.1%	0.1%
COST	B	0.21%	0.75%	0.21%
CPAY	C	0.2%	0.01%	0.01%
CPRT	F	0.19%	0.07%	0.07%
CRM	D	0.2%	0.04%	0.04%
CRWD	D	0.19%	0.0%	0.0%
CSCO	C	0.2%	0.89%	0.2%
CSGP	D	0.21%	0.0%	0.0%
CSL	C	0.2%	0.03%	0.03%
CSX	D	0.2%	0.11%	0.11%
CTAS	B	0.21%	0.13%	0.13%
CTRA	F	0.19%	0.02%	0.02%
CTSH	B	0.2%	0.2%	0.2%
CTVA	B	0.2%	0.04%	0.04%
CVS	D	0.2%	0.18%	0.18%
CVX	D	0.2%	0.29%	0.2%
D	B	0.21%	0.06%	0.06%
DAL	C	0.21%	0.01%	0.01%
DASH	C	0.2%	0.0%	0.0%
DD	B	0.2%	0.02%	0.02%
DDOG	D	0.2%	0.0%	0.0%
DE	B	0.2%	0.06%	0.06%
DECK	C	0.2%	0.04%	0.04%
DELL	D	0.2%	0.01%	0.01%
DFS	C	0.19%	0.03%	0.03%
DG	F	0.2%	0.01%	0.01%
DGX	B	0.2%	0.1%	0.1%
DHI	B	0.21%	0.12%	0.12%
DHR	B	0.21%	0.06%	0.06%
DIS	D	0.2%	0.07%	0.07%
DKNG	D	0.22%	0.0%	0.0%
DLR	A	0.22%	0.02%	0.02%
DLTR	F	0.21%	0.01%	0.01%
DOV	B	0.21%	0.04%	0.04%
DOW	F	0.2%	0.04%	0.04%
DPZ	D	0.21%	0.05%	0.05%
DRI	C	0.2%	0.03%	0.03%
DTE	A	0.2%	0.02%	0.02%
DUK	B	0.2%	0.37%	0.2%
DVN	F	0.19%	0.03%	0.03%
DXCM	F	0.2%	0.0%	0.0%
EA	C	0.2%	0.18%	0.18%
EBAY	A	0.21%	0.01%	0.01%
ECL	A	0.21%	0.01%	0.01%
ED	B	0.21%	0.38%	0.21%
EFX	B	0.2%	0.01%	0.01%
EG	B	0.2%	0.06%	0.06%
EIX	B	0.2%	0.03%	0.03%
EL	F	0.19%	0.01%	0.01%
ELV	B	0.21%	0.28%	0.21%
EME	A	0.21%	0.03%	0.03%
EMR	D	0.2%	0.02%	0.02%
ENPH	D	0.19%	0.03%	0.03%
ENTG	D	0.2%	0.0%	0.0%
EOG	D	0.2%	0.05%	0.05%
EPAM	D	0.21%	0.02%	0.02%
EQIX	B	0.22%	0.01%	0.01%
EQR	B	0.21%	0.01%	0.01%
EQT	D	0.2%	0.01%	0.01%
ES	B	0.2%	0.02%	0.02%
ESS	A	0.21%	0.01%	0.01%
ETN	C	0.2%	0.02%	0.02%
ETR	A	0.2%	0.02%	0.02%
EVRG	A	0.2%	0.01%	0.01%
EW	D	0.2%	0.07%	0.07%
EXAS	C	0.21%	0.0%	0.0%
EXC	A	0.21%	0.03%	0.03%
EXPD	D	0.2%	0.04%	0.04%
EXPE	C	0.2%	0.01%	0.01%
EXR	A	0.21%	0.01%	0.01%
F	D	0.19%	0.09%	0.09%
FANG	F	0.19%	0.09%	0.09%
FAST	C	0.21%	0.07%	0.07%
FCNCA	D	0.19%	0.1%	0.1%
FCX	D	0.2%	0.02%	0.02%
FDS	C	0.21%	0.02%	0.02%
FDX	C	0.2%	0.07%	0.07%
FE	B	0.2%	0.01%	0.01%
FICO	A	0.21%	0.04%	0.04%
FIS	A	0.21%	0.02%	0.02%
FITB	B	0.2%	0.03%	0.03%
FSLR	D	0.2%	0.01%	0.01%
FTNT	B	0.2%	0.01%	0.01%
FTV	C	0.2%	0.01%	0.01%
GD	B	0.21%	0.18%	0.18%
GDDY	D	0.19%	0.21%	0.19%
GE	A	0.21%	0.29%	0.21%
GEHC	C	0.2%	0.02%	0.02%
GEV	B	0.2%	0.01%	0.01%
GGG	C	0.21%	0.02%	0.02%
GILD	B	0.21%	0.22%	0.21%
GIS	B	0.21%	0.38%	0.21%
GLW	C	0.2%	0.02%	0.02%
GM	C	0.19%	0.16%	0.16%
GOOGL	D	0.19%	0.97%	0.19%
GPC	D	0.2%	0.06%	0.06%
GPN	C	0.2%	0.02%	0.02%
GRMN	D	0.2%	0.05%	0.05%
GS	D	0.19%	0.14%	0.14%
GWW	B	0.21%	0.09%	0.09%
HAL	F	0.19%	0.02%	0.02%
HBAN	B	0.2%	0.03%	0.03%
HCA	A	0.2%	0.04%	0.04%
HD	B	0.21%	0.14%	0.14%
HES	F	0.19%	0.01%	0.01%
HIG	B	0.21%	0.03%	0.03%
HLT	B	0.2%	0.01%	0.01%
HOLX	B	0.21%	0.01%	0.01%
HON	D	0.2%	0.24%	0.2%
HPE	F	0.18%	0.03%	0.03%
HPQ	D	0.19%	0.04%	0.04%
HST	D	0.2%	0.01%	0.01%
HSY	B	0.21%	0.18%	0.18%
HUBB	B	0.21%	0.03%	0.03%
HUM	F	0.19%	0.21%	0.19%
HWM	B	0.2%	0.01%	0.01%
IBM	A	0.21%	0.46%	0.21%
ICE	B	0.2%	0.03%	0.03%
IDXX	C	0.22%	0.08%	0.08%
IEX	D	0.2%	0.02%	0.02%
IFF	B	0.2%	0.01%	0.01%
ILMN	C	0.2%	0.0%	0.0%
INTC	F	0.2%	0.08%	0.08%
INTU	C	0.21%	0.24%	0.21%
INVH	B	0.2%	0.01%	0.01%
IP	B	0.2%	0.02%	0.02%
IPG	C	0.2%	0.02%	0.02%
IQV	C	0.19%	0.01%	0.01%
IR	D	0.2%	0.01%	0.01%
IRM	A	0.21%	0.01%	0.01%
ISRG	B	0.21%	0.23%	0.21%
IT	B	0.21%	0.03%	0.03%
ITW	B	0.21%	0.12%	0.12%
J	D	0.2%	0.01%	0.01%
JBHT	D	0.2%	0.03%	0.03%
JBL	D	0.2%	0.01%	0.01%
JCI	B	0.2%	0.02%	0.02%
JKHY	A	0.21%	0.06%	0.06%
JNJ	B	0.2%	1.19%	0.2%
JPM	D	0.19%	0.54%	0.19%
K	A	0.2%	0.22%	0.2%
KDP	B	0.2%	0.16%	0.16%
KEY	B	0.2%	0.02%	0.02%
KEYS	C	0.2%	0.17%	0.17%
KHC	C	0.2%	0.23%	0.2%
KIM	B	0.2%	0.01%	0.01%
KKR	B	0.2%	0.02%	0.02%
KLAC	D	0.19%	0.18%	0.18%
KMB	C	0.2%	0.12%	0.12%
KMI	B	0.2%	0.03%	0.03%
KO	B	0.2%	0.66%	0.2%
KR	B	0.2%	0.28%	0.2%
KVUE	B	0.21%	0.08%	0.08%
L	C	0.2%	0.17%	0.17%
LDOS	B	0.2%	0.01%	0.01%
LEN	B	0.21%	0.09%	0.09%
LHX	C	0.2%	0.02%	0.02%
LII	A	0.2%	0.0%	0.0%
LIN	B	0.2%	0.06%	0.06%
LKQ	D	0.19%	0.01%	0.01%
LLY	C	0.19%	1.45%	0.19%
LMT	B	0.2%	0.45%	0.2%
LNG	C	0.2%	0.05%	0.05%
LNT	A	0.21%	0.03%	0.03%
LOW	B	0.21%	0.07%	0.07%
LPLA	F	0.19%	0.03%	0.03%
LRCX	F	0.19%	0.2%	0.19%
LUV	C	0.2%	0.0%	0.0%
LVS	D	0.2%	0.0%	0.0%
LW	D	0.21%	0.0%	0.0%
LYB	F	0.2%	0.03%	0.03%
LYV	C	0.2%	0.0%	0.0%
MA	A	0.21%	0.66%	0.21%
MAA	A	0.21%	0.01%	0.01%
MANH	A	0.21%	0.03%	0.03%
MAR	D	0.2%	0.01%	0.01%
MAS	B	0.21%	0.01%	0.01%
MCD	B	0.21%	0.41%	0.21%
MCHP	D	0.2%	0.07%	0.07%
MCK	F	0.18%	0.54%	0.18%
MCO	B	0.2%	0.13%	0.13%
MDLZ	B	0.2%	0.17%	0.17%
MDT	B	0.21%	0.06%	0.06%
MET	B	0.2%	0.05%	0.05%
META	B	0.2%	1.94%	0.2%
MKC	B	0.21%	0.01%	0.01%
MKL	C	0.2%	0.12%	0.12%
MLM	D	0.2%	0.01%	0.01%
MMC	A	0.21%	0.53%	0.21%
MMM	A	0.2%	0.14%	0.14%
MNST	C	0.21%	0.06%	0.06%
MO	C	0.2%	0.04%	0.04%
MOH	C	0.21%	0.07%	0.07%
MPC	F	0.19%	0.19%	0.19%
MPWR	C	0.2%	0.06%	0.06%
MRK	D	0.2%	0.51%	0.2%
MRNA	F	0.22%	0.01%	0.01%
MRO	D	0.19%	0.02%	0.02%
MRVL	C	0.2%	0.01%	0.01%
MS	D	0.2%	0.09%	0.09%
MSCI	C	0.2%	0.0%	0.0%
MSFT	C	0.21%	2.26%	0.21%
MSI	B	0.2%	0.58%	0.2%
MSTR	D	0.21%	0.0%	0.0%
MTB	B	0.2%	0.04%	0.04%
MU	F	0.2%	0.04%	0.04%
NDAQ	B	0.2%	0.01%	0.01%
NDSN	C	0.2%	0.02%	0.02%
NEE	B	0.21%	0.06%	0.06%
NEM	B	0.2%	0.04%	0.04%
NET	D	0.2%	0.0%	0.0%
NFLX	B	0.2%	0.45%	0.2%
NI	A	0.21%	0.01%	0.01%
NKE	D	0.2%	0.18%	0.18%
NOC	B	0.2%	0.34%	0.2%
NOW	B	0.21%	0.01%	0.01%
NRG	C	0.2%	0.01%	0.01%
NSC	C	0.2%	0.03%	0.03%
NTAP	D	0.2%	0.04%	0.04%
NTRS	B	0.2%	0.01%	0.01%
NUE	D	0.2%	0.04%	0.04%
NVDA	D	0.2%	1.89%	0.2%
NVR	B	0.2%	0.07%	0.07%
O	B	0.2%	0.03%	0.03%
OC	C	0.2%	0.03%	0.03%
ODFL	D	0.2%	0.07%	0.07%
OKE	A	0.2%	0.03%	0.03%
OKTA	F	0.19%	0.0%	0.0%
OMC	B	0.21%	0.04%	0.04%
ON	D	0.2%	0.01%	0.01%
ORCL	B	0.23%	0.19%	0.19%
ORLY	B	0.2%	0.22%	0.2%
OTIS	C	0.2%	0.01%	0.01%
OVV	F	0.19%	0.02%	0.02%
OXY	F	0.19%	0.04%	0.04%
PANW	C	0.2%	0.16%	0.16%
PAYX	B	0.21%	0.09%	0.09%
PCAR	D	0.2%	0.09%	0.09%
PCG	B	0.2%	0.03%	0.03%
PEG	A	0.2%	0.02%	0.02%
PEP	B	0.2%	0.87%	0.2%
PFE	C	0.21%	0.2%	0.2%
PFG	C	0.2%	0.02%	0.02%
PG	A	0.21%	0.98%	0.21%
PGR	B	0.2%	0.34%	0.2%
PH	B	0.21%	0.02%	0.02%
PHM	B	0.21%	0.06%	0.06%
PINS	F	0.19%	0.0%	0.0%
PKG	B	0.2%	0.03%	0.03%
PLD	B	0.21%	0.05%	0.05%
PLTR	B	0.23%	0.0%	0.0%
PM	B	0.2%	0.07%	0.07%
PNC	B	0.2%	0.08%	0.08%
PODD	B	0.22%	0.0%	0.0%
POOL	C	0.21%	0.03%	0.03%
PPG	C	0.2%	0.01%	0.01%
PPL	A	0.2%	0.01%	0.01%
PRU	C	0.19%	0.04%	0.04%
PSA	A	0.21%	0.09%	0.09%
PSTG	D	0.2%	0.0%	0.0%
PSX	F	0.19%	0.14%	0.14%
PTC	D	0.2%	0.07%	0.07%
PWR	C	0.2%	0.01%	0.01%
PYPL	B	0.19%	0.04%	0.04%
QCOM	D	0.2%	0.33%	0.2%
RBLX	B	0.21%	0.0%	0.0%
RCL	B	0.2%	0.0%	0.0%
REGN	C	0.2%	0.48%	0.2%
RF	C	0.2%	0.03%	0.03%
RJF	C	0.2%	0.01%	0.01%
RMD	B	0.21%	0.05%	0.05%
ROK	D	0.21%	0.05%	0.05%
ROP	B	0.2%	0.49%	0.2%
ROST	C	0.2%	0.02%	0.02%
RPM	B	0.21%	0.01%	0.01%
RS	D	0.2%	0.01%	0.01%
RSG	B	0.2%	0.46%	0.2%
RTX	C	0.2%	0.09%	0.09%
SBAC	B	0.21%	0.01%	0.01%
SBUX	C	0.21%	0.03%	0.03%
SCHW	D	0.2%	0.03%	0.03%
SHW	A	0.21%	0.14%	0.14%
SJM	C	0.2%	0.08%	0.08%
SLB	F	0.19%	0.03%	0.03%
SMCI	F	0.2%	0.03%	0.03%
SNA	B	0.2%	0.03%	0.03%
SNOW	F	0.2%	0.0%	0.0%
SNPS	D	0.2%	0.11%	0.11%
SO	A	0.21%	0.47%	0.21%
SPG	B	0.2%	0.02%	0.02%
SPGI	A	0.21%	0.04%	0.04%
SQ	D	0.19%	0.01%	0.01%
SRE	B	0.2%	0.03%	0.03%
SSNC	A	0.2%	0.01%	0.01%
STE	B	0.21%	0.01%	0.01%
STLD	F	0.2%	0.02%	0.02%
STT	B	0.2%	0.03%	0.03%
STX	D	0.21%	0.01%	0.01%
STZ	C	0.21%	0.01%	0.01%
SUI	B	0.21%	0.01%	0.01%
SWK	B	0.2%	0.01%	0.01%
SWKS	F	0.2%	0.03%	0.03%
SYF	D	0.19%	0.03%	0.03%
SYK	B	0.21%	0.03%	0.03%
SYY	C	0.2%	0.03%	0.03%
T	A	0.21%	0.35%	0.21%
TDG	B	0.2%	0.01%	0.01%
TDY	B	0.21%	0.05%	0.05%
TER	D	0.2%	0.03%	0.03%
TFC	D	0.2%	0.08%	0.08%
TGT	C	0.2%	0.15%	0.15%
TJX	B	0.21%	0.34%	0.21%
TMO	B	0.21%	0.07%	0.07%
TMUS	A	0.2%	0.64%	0.2%
TPL	C	0.2%	0.03%	0.03%
TRGP	B	0.2%	0.03%	0.03%
TRMB	C	0.2%	0.0%	0.0%
TROW	D	0.2%	0.05%	0.05%
TRU	A	0.21%	0.01%	0.01%
TRV	A	0.21%	0.26%	0.21%
TSCO	B	0.21%	0.05%	0.05%
TSLA	C	0.21%	0.11%	0.11%
TSN	C	0.2%	0.15%	0.15%
TT	A	0.21%	0.13%	0.13%
TTD	B	0.2%	0.0%	0.0%
TTWO	D	0.2%	0.01%	0.01%
TXN	D	0.2%	0.49%	0.2%
TXT	D	0.2%	0.01%	0.01%
TYL	B	0.21%	0.0%	0.0%
UBER	C	0.19%	0.01%	0.01%
ULTA	D	0.21%	0.06%	0.06%
UNH	C	0.2%	1.38%	0.2%
UNP	B	0.2%	0.29%	0.2%
UPS	D	0.21%	0.06%	0.06%
URI	C	0.21%	0.02%	0.02%
USB	C	0.2%	0.08%	0.08%
V	A	0.21%	1.1%	0.21%
VEEV	C	0.21%	0.05%	0.05%
VICI	B	0.21%	0.02%	0.02%
VLO	F	0.2%	0.07%	0.07%
VLTO	B	0.2%	0.05%	0.05%
VMC	D	0.2%	0.01%	0.01%
VRSK	D	0.2%	0.01%	0.01%
VRSN	D	0.2%	0.14%	0.14%
VRT	C	0.2%	0.0%	0.0%
VRTX	C	0.2%	0.44%	0.2%
VST	C	0.2%	0.01%	0.01%
VTR	B	0.21%	0.01%	0.01%
VTRS	C	0.19%	0.03%	0.03%
VZ	A	0.21%	0.57%	0.21%
WAB	B	0.2%	0.01%	0.01%
WAT	C	0.2%	0.04%	0.04%
WBA	F	0.2%	0.04%	0.04%
WBD	D	0.19%	0.05%	0.05%
WDAY	D	0.2%	0.04%	0.04%
WDC	D	0.2%	0.01%	0.01%
WEC	B	0.21%	0.19%	0.19%
WELL	B	0.21%	0.02%	0.02%
WFC	F	0.19%	0.22%	0.19%
WM	D	0.2%	0.5%	0.2%
WMB	A	0.21%	0.15%	0.15%
WMT	B	0.21%	0.7%	0.21%
WPC	B	0.21%	0.01%	0.01%
WRB	C	0.2%	0.14%	0.14%
WSM	C	0.2%	0.03%	0.03%
WSO	C	0.2%	0.03%	0.03%
WST	F	0.21%	0.03%	0.03%
WTW	B	0.2%	0.07%	0.07%
WY	C	0.21%	0.02%	0.02%
XEL	B	0.21%	0.08%	0.08%
XOM	D	0.2%	0.45%	0.2%
XYL	D	0.21%	0.01%	0.01%
YUM	B	0.2%	0.15%	0.15%
ZBH	D	0.19%	0.01%	0.01%
ZBRA	C	0.21%	0.01%	0.01%
ZM	C	0.2%	0.01%	0.01%
ZTS	B	0.21%	0.16%	0.16%

GSEW Overweight 11 Positions Relative to QWLD

Symbol	Grade	Weight
UAL	C	0.22%
MTD	D	0.21%
ALNY	C	0.21%
SAIA	D	0.21%
NTNX	C	0.2%
ZS	F	0.2%
LECO	D	0.2%
TEAM	D	0.2%
HUBS	D	0.2%
MDB	D	0.2%
XPO	D	0.18%

GSEW Underweight 129 Positions Relative to QWLD

Symbol	Grade	Weight
NVS	B	-0.91%
GOOG	D	-0.85%
UL	A	-0.3%
WCN	B	-0.27%
MFG	D	-0.2%
CHKP	B	-0.19%
ERIE	B	-0.15%
TM	F	-0.15%
UTHR	C	-0.14%
MUFG	D	-0.13%
JNPR	B	-0.13%
TD	A	-0.13%
E	C	-0.13%
FFIV	A	-0.13%
DEO	C	-0.12%
INCY	C	-0.12%
CNI	C	-0.11%
NBIX	D	-0.11%
HRL	C	-0.1%
STLA	F	-0.1%
BCS	B	-0.1%
CPB	B	-0.1%
TEL	D	-0.09%
LYG	B	-0.09%
SMFG	D	-0.09%
HMC	C	-0.08%
ROL	B	-0.08%
SONY	C	-0.08%
AMCR	B	-0.08%
LOGI	F	-0.07%
AIZ	C	-0.07%
LULU	D	-0.06%
BTI	A	-0.05%
DINO	F	-0.05%
MT	D	-0.04%
DKS	D	-0.03%
SOLV	C	-0.03%
APTV	F	-0.02%
NMR	F	-0.02%
KMX	D	-0.02%
ACI	D	-0.02%
NXPI	F	-0.02%
ALLY	F	-0.02%
TTC	D	-0.02%
AER	C	-0.02%
AOS	D	-0.02%
AFG	B	-0.02%
MOS	F	-0.02%
ALLE	A	-0.02%
PNR	A	-0.02%
SW	B	-0.02%
OTEX	D	-0.01%
MGM	D	-0.01%
WTRG	D	-0.01%
CPT	B	-0.01%
UHAL	B	-0.01%
CTLT	B	-0.01%
TFX	B	-0.01%
DVA	A	-0.01%
FOX	C	-0.01%
CG	D	-0.01%
NWSA	D	-0.01%
GLPI	B	-0.01%
RPRX	C	-0.01%
REG	B	-0.01%
BURL	B	-0.01%
MBAVU	C	-0.01%
BEN	D	-0.01%
ACM	B	-0.01%
HSIC	D	-0.01%
SE	B	-0.01%
QRVO	F	-0.01%
BXP	A	-0.01%
DOC	B	-0.01%
CCEP	B	-0.01%
HII	D	-0.01%
CCK	A	-0.01%
AGCO	D	-0.01%
WFG	A	-0.01%
CHRD	F	-0.01%
AES	C	-0.01%
KNX	C	-0.01%
EQH	C	-0.01%
EMN	A	-0.01%
BSY	D	-0.01%
FNF	B	-0.01%
CRBG	D	-0.01%
FOXA	C	-0.01%
CHRW	C	-0.01%
TAP	C	-0.01%
UHS	B	-0.01%
SEIC	C	-0.01%
CNH	C	-0.01%
MKTX	C	-0.01%
PARA	F	-0.01%
MELI	B	-0.01%
PAYC	D	-0.01%
CHK	D	-0.01%
GLBE	C	-0.0%
IOT	B	-0.0%
TOST	C	-0.0%
XRX	F	-0.0%
SNAP	F	-0.0%
FUTU	F	-0.0%
H	D	-0.0%
DAY	C	-0.0%
APP	B	-0.0%
HEI	A	-0.0%
DOCU	C	-0.0%
GRAB	C	-0.0%
DT	C	-0.0%
HOOD	C	-0.0%
WYNN	D	-0.0%
ROKU	C	-0.0%
TECH	D	-0.0%
Z	B	-0.0%
TW	A	-0.0%
HEI	A	-0.0%
ELS	B	-0.0%
BBWI	F	-0.0%
RIVN	F	-0.0%
WLK	D	-0.0%
QGEN	B	-0.0%
CRL	D	-0.0%
MTCH	C	-0.0%
UDR	B	-0.0%
BIO	C	-0.0%
TWLO	D	-0.0%
AMH	B	-0.0%