GSUS vs. QUS ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) to SPDR MSCI USA Quality Mix ETF (QUS)

GSUS

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of the free-float market capitalization in the United States.

Grade (RS Rating)

Last Trade

$81.38

Average Daily Volume

114,481

Number of Holdings ^*

449

* may have additional holdings in another (foreign) market

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$159.06

Average Daily Volume

15,011

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

Performance

Period	GSUS	QUS
30 Days	1.29%	-0.81%
60 Days	4.20%	1.62%
90 Days	5.91%	3.00%
12 Months	31.39%	27.56%

435 Overlapping Holdings

	Symbol	Grade	Weight in GSUS	Weight in QUS	Overlap
	A	F	0.08%	0.11%	0.08%
	AAPL	C	6.6%	3.19%	3.19%
	ABBV	F	0.6%	0.58%	0.58%
	ABNB	D	0.11%	0.02%	0.02%
	ABT	A	0.4%	0.15%	0.15%
	ACGL	D	0.07%	0.37%	0.07%
	ACN	C	0.45%	1.16%	0.45%
	ADBE	D	0.46%	0.69%	0.46%
	ADI	D	0.22%	0.15%	0.15%
	ADM	D	0.05%	0.08%	0.05%
	ADP	B	0.25%	0.54%	0.25%
	ADSK	B	0.13%	0.16%	0.13%
	AEE	A	0.05%	0.11%	0.05%
	AEP	C	0.1%	0.18%	0.1%
	AFL	C	0.11%	0.21%	0.11%
	AIG	C	0.1%	0.12%	0.1%
	AJG	B	0.13%	0.45%	0.13%
	AKAM	F	0.03%	0.14%	0.03%
	ALGN	D	0.03%	0.01%	0.01%
	ALL	A	0.1%	0.06%	0.06%
	ALNY	D	0.07%	0.08%	0.07%
	AMAT	F	0.31%	0.53%	0.31%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.46%	0.07%	0.07%
	AME	A	0.09%	0.02%	0.02%
	AMGN	D	0.32%	0.31%	0.31%
	AMP	A	0.11%	0.04%	0.04%
	AMT	D	0.18%	0.04%	0.04%
	AMZN	B	3.9%	0.69%	0.69%
	ANET	C	0.19%	0.41%	0.19%
	ANSS	B	0.06%	0.01%	0.01%
	AON	B	0.15%	0.21%	0.15%
	APD	A	0.14%	0.04%	0.04%
	APH	B	0.17%	0.73%	0.17%
	APO	A	0.13%	0.03%	0.03%
	APP	A	0.13%	0.01%	0.01%
	APTV	F	0.03%	0.02%	0.02%
	ARE	F	0.03%	0.02%	0.02%
	ARES	A	0.06%	0.01%	0.01%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.07%	0.02%	0.02%
	AVGO	C	1.6%	0.63%	0.63%
	AVTR	F	0.03%	0.01%	0.01%
	AWK	C	0.05%	0.02%	0.02%
	AXP	B	0.32%	0.1%	0.1%
	AZO	C	0.11%	0.35%	0.11%
	BA	D	0.17%	0.02%	0.02%
	BAC	A	0.61%	0.66%	0.61%
	BALL	D	0.04%	0.02%	0.02%
	BAX	F	0.03%	0.02%	0.02%
	BBY	D	0.03%	0.09%	0.03%
	BDX	F	0.13%	0.24%	0.13%
	BIIB	F	0.05%	0.02%	0.02%
	BK	B	0.11%	0.09%	0.09%
	BKNG	A	0.33%	0.04%	0.04%
	BKR	B	0.09%	0.04%	0.04%
	BMY	A	0.24%	0.32%	0.24%
	BR	B	0.05%	0.03%	0.03%
	BRK.A	B	1.23%	1.06%	1.06%
	BSX	A	0.26%	0.04%	0.04%
	BX	A	0.26%	0.04%	0.04%
	C	B	0.26%	0.44%	0.26%
	CAG	F	0.03%	0.02%	0.02%
	CAH	B	0.06%	0.12%	0.06%
	CARR	D	0.13%	0.04%	0.04%
	CAT	C	0.38%	0.63%	0.38%
	CB	C	0.23%	0.62%	0.23%
	CBOE	C	0.04%	0.28%	0.04%
	CBRE	B	0.08%	0.05%	0.05%
	CCI	C	0.09%	0.03%	0.03%
	CCL	A	0.05%	0.01%	0.01%
	CDNS	B	0.16%	0.29%	0.16%
	CDW	F	0.05%	0.21%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	C	0.14%	0.03%	0.03%
	CFG	B	0.04%	0.06%	0.04%
	CHD	A	0.05%	0.14%	0.05%
	CHTR	B	0.08%	0.09%	0.08%
	CI	D	0.19%	0.23%	0.19%
	CINF	A	0.05%	0.03%	0.03%
	CL	D	0.15%	0.16%	0.15%
	CLX	A	0.04%	0.01%	0.01%
	CMCSA	B	0.34%	0.42%	0.34%
	CME	A	0.16%	0.22%	0.16%
	CMG	C	0.16%	0.22%	0.16%
	CMI	A	0.1%	0.16%	0.1%
	CMS	C	0.04%	0.08%	0.04%
	CNC	F	0.06%	0.09%	0.06%
	CNP	A	0.04%	0.02%	0.02%
	COF	B	0.14%	0.16%	0.14%
	COIN	A	0.13%	0.01%	0.01%
	COP	B	0.26%	0.16%	0.16%
	COR	B	0.09%	0.36%	0.09%
	COST	A	0.82%	1.33%	0.82%
	CPAY	A	0.05%	0.02%	0.02%
	CPB	D	0.02%	0.12%	0.02%
	CPRT	B	0.1%	0.14%	0.1%
	CRM	B	0.63%	0.11%	0.11%
	CRWD	B	0.16%	0.06%	0.06%
	CSCO	B	0.47%	1.32%	0.47%
	CSGP	F	0.06%	0.01%	0.01%
	CSX	C	0.14%	0.05%	0.05%
	CTAS	B	0.15%	0.24%	0.15%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	C	0.08%	0.4%	0.08%
	CTVA	C	0.08%	0.17%	0.08%
	CVS	F	0.14%	0.3%	0.14%
	CVX	A	0.53%	0.52%	0.52%
	D	C	0.09%	0.13%	0.09%
	DAL	A	0.08%	0.01%	0.01%
	DASH	A	0.11%	0.01%	0.01%
	DD	D	0.06%	0.04%	0.04%
	DDOG	A	0.07%	0.0%	0.0%
	DE	C	0.2%	0.1%	0.1%
	DELL	B	0.08%	0.06%	0.06%
	DFS	B	0.09%	0.07%	0.07%
	DG	F	0.03%	0.02%	0.02%
	DGX	A	0.04%	0.06%	0.04%
	DHI	D	0.09%	0.19%	0.09%
	DHR	D	0.31%	0.09%	0.09%
	DIS	B	0.36%	0.15%	0.15%
	DKNG	B	0.04%	0.0%	0.0%
	DLR	A	0.12%	0.04%	0.04%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	D	0.03%	0.01%	0.01%
	DOV	B	0.06%	0.02%	0.02%
	DOW	F	0.06%	0.06%	0.06%
	DPZ	C	0.03%	0.07%	0.03%
	DRI	C	0.04%	0.01%	0.01%
	DTE	C	0.05%	0.09%	0.05%
	DUK	C	0.17%	0.59%	0.17%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	C	0.06%	0.0%	0.0%
	EA	A	0.08%	0.3%	0.08%
	EBAY	D	0.06%	0.02%	0.02%
	ECL	D	0.13%	0.02%	0.02%
	ED	C	0.07%	0.42%	0.07%
	EFX	F	0.06%	0.01%	0.01%
	EG	D	0.02%	0.17%	0.02%
	EIX	C	0.06%	0.04%	0.04%
	EL	F	0.03%	0.01%	0.01%
	ELV	F	0.19%	0.3%	0.19%
	EMR	A	0.15%	0.05%	0.05%
	ENPH	F	0.02%	0.03%	0.02%
	EOG	A	0.15%	0.15%	0.15%
	EQIX	A	0.17%	0.02%	0.02%
	EQR	C	0.05%	0.02%	0.02%
	ES	C	0.04%	0.02%	0.02%
	ESS	A	0.04%	0.01%	0.01%
	ETN	B	0.29%	0.05%	0.05%
	ETR	A	0.06%	0.05%	0.05%
	EW	C	0.08%	0.12%	0.08%
	EXC	C	0.08%	0.05%	0.05%
	EXPD	D	0.03%	0.06%	0.03%
	EXPE	B	0.05%	0.02%	0.02%
	EXR	C	0.07%	0.02%	0.02%
	F	C	0.09%	0.16%	0.09%
	FANG	D	0.06%	0.22%	0.06%
	FAST	B	0.09%	0.15%	0.09%
	FCX	F	0.12%	0.04%	0.04%
	FDX	B	0.13%	0.11%	0.11%
	FE	C	0.05%	0.02%	0.02%
	FI	A	0.24%	0.3%	0.24%
	FICO	B	0.11%	0.21%	0.11%
	FIS	C	0.1%	0.03%	0.03%
	FITB	B	0.06%	0.06%	0.06%
	FNF	A	0.03%	0.02%	0.02%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FTNT	B	0.12%	0.01%	0.01%
	FTV	D	0.05%	0.02%	0.02%
	GD	D	0.14%	0.07%	0.07%
	GE	D	0.39%	0.11%	0.11%
	GEHC	D	0.07%	0.03%	0.03%
	GEN	B	0.03%	0.13%	0.03%
	GEV	A	0.18%	0.05%	0.05%
	GILD	C	0.23%	0.46%	0.23%
	GIS	F	0.07%	0.26%	0.07%
	GLW	B	0.07%	0.14%	0.07%
	GM	B	0.13%	0.3%	0.13%
	GOOG	B	1.9%	1.13%	1.13%
	GOOGL	B	2.11%	1.22%	1.22%
	GPC	F	0.03%	0.02%	0.02%
	GPN	C	0.06%	0.04%	0.04%
	GRMN	B	0.07%	0.2%	0.07%
	GS	B	0.37%	0.29%	0.29%
	GWW	B	0.11%	0.2%	0.11%
	HAL	C	0.05%	0.03%	0.03%
	HBAN	B	0.05%	0.05%	0.05%
	HCA	F	0.13%	0.06%	0.06%
	HD	A	0.8%	0.34%	0.34%
	HES	B	0.08%	0.02%	0.02%
	HIG	B	0.07%	0.09%	0.07%
	HLT	A	0.12%	0.01%	0.01%
	HOLX	D	0.04%	0.07%	0.04%
	HON	B	0.3%	0.49%	0.3%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.08%	0.02%
	HSY	F	0.05%	0.18%	0.05%
	HUBS	B	0.07%	0.08%	0.07%
	HUM	D	0.07%	0.2%	0.07%
	HWM	A	0.09%	0.01%	0.01%
	IBM	C	0.39%	0.69%	0.39%
	ICE	C	0.18%	0.14%	0.14%
	IDXX	F	0.07%	0.12%	0.07%
	IFF	D	0.05%	0.02%	0.02%
	ILMN	C	0.05%	0.01%	0.01%
	INTC	C	0.21%	0.18%	0.18%
	INTU	B	0.38%	0.04%	0.04%
	INVH	D	0.04%	0.01%	0.01%
	IP	A	0.04%	0.04%	0.04%
	IQV	F	0.08%	0.02%	0.02%
	IR	B	0.08%	0.02%	0.02%
	IRM	C	0.07%	0.01%	0.01%
	ISRG	A	0.38%	0.03%	0.03%
	IT	C	0.08%	0.13%	0.08%
	ITW	B	0.16%	0.27%	0.16%
	JBHT	C	0.03%	0.05%	0.03%
	JCI	B	0.11%	0.05%	0.05%
	JNJ	D	0.73%	1.62%	0.73%
	JPM	A	1.35%	1.01%	1.01%
	K	B	0.04%	0.28%	0.04%
	KDP	D	0.07%	0.24%	0.07%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	C	0.06%	0.28%	0.06%
	KHC	F	0.05%	0.18%	0.05%
	KKR	A	0.2%	0.04%	0.04%
	KLAC	F	0.18%	0.32%	0.18%
	KMB	C	0.09%	0.1%	0.09%
	KMI	A	0.11%	0.06%	0.06%
	KO	D	0.49%	0.82%	0.49%
	KR	B	0.08%	0.32%	0.08%
	KVUE	A	0.09%	0.04%	0.04%
	L	A	0.03%	0.12%	0.03%
	LDOS	C	0.05%	0.02%	0.02%
	LEN	D	0.08%	0.06%	0.06%
	LEN	D	0.0%	0.06%	0.0%
	LH	B	0.04%	0.03%	0.03%
	LHX	B	0.1%	0.04%	0.04%
	LIN	D	0.43%	0.15%	0.15%
	LLY	F	1.38%	2.09%	1.38%
	LMT	D	0.27%	0.75%	0.27%
	LNG	A	0.1%	0.05%	0.05%
	LNT	A	0.03%	0.05%	0.03%
	LOW	C	0.3%	0.12%	0.12%
	LRCX	F	0.19%	0.33%	0.19%
	LULU	C	0.07%	0.12%	0.07%
	LUV	B	0.04%	0.01%	0.01%
	LVS	B	0.04%	0.01%	0.01%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.04%	0.01%	0.01%
	MA	B	0.86%	1.66%	0.86%
	MAA	A	0.04%	0.01%	0.01%
	MAR	B	0.14%	0.02%	0.02%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.43%	0.5%	0.43%
	MCHP	F	0.07%	0.11%	0.07%
	MCK	A	0.16%	0.6%	0.16%
	MCO	D	0.15%	0.21%	0.15%
	MDB	C	0.04%	0.0%	0.0%
	MDLZ	F	0.18%	0.22%	0.18%
	MDT	D	0.23%	0.15%	0.15%
	MELI	D	0.18%	0.07%	0.07%
	MET	A	0.1%	0.08%	0.08%
	META	C	2.53%	2.41%	2.41%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.14%	0.04%
	MLM	B	0.07%	0.02%	0.02%
	MMC	D	0.22%	0.68%	0.22%
	MMM	D	0.14%	0.28%	0.14%
	MNST	C	0.08%	0.12%	0.08%
	MO	A	0.18%	0.06%	0.06%
	MPC	D	0.1%	0.31%	0.1%
	MPWR	F	0.06%	0.1%	0.06%
	MRK	F	0.5%	0.48%	0.48%
	MRNA	F	0.03%	0.02%	0.02%
	MRVL	B	0.16%	0.02%	0.02%
	MS	A	0.33%	0.19%	0.19%
	MSCI	B	0.09%	0.01%	0.01%
	MSFT	D	6.17%	2.68%	2.68%
	MSI	B	0.17%	0.64%	0.17%
	MTB	A	0.07%	0.08%	0.07%
	MTD	F	0.05%	0.01%	0.01%
	MU	D	0.23%	0.08%	0.08%
	NDAQ	A	0.06%	0.02%	0.02%
	NEE	C	0.3%	0.09%	0.09%
	NEM	D	0.1%	0.2%	0.1%
	NET	B	0.05%	0.0%	0.0%
	NFLX	A	0.68%	0.13%	0.13%
	NKE	F	0.18%	0.27%	0.18%
	NOC	D	0.15%	0.57%	0.15%
	NOW	B	0.43%	0.26%	0.26%
	NSC	B	0.12%	0.05%	0.05%
	NTAP	C	0.05%	0.16%	0.05%
	NTRS	A	0.04%	0.03%	0.03%
	NUE	D	0.07%	0.08%	0.07%
	NVDA	A	6.95%	2.8%	2.8%
	NVR	D	0.05%	0.11%	0.05%
	O	C	0.1%	0.04%	0.04%
	ODFL	B	0.09%	0.14%	0.09%
	OKE	A	0.12%	0.05%	0.05%
	OMC	C	0.04%	0.07%	0.04%
	ON	F	0.06%	0.02%	0.02%
	ORCL	A	0.61%	0.54%	0.54%
	ORLY	B	0.14%	0.25%	0.14%
	OTIS	C	0.08%	0.04%	0.04%
	OXY	F	0.07%	0.1%	0.07%
	PANW	B	0.25%	0.31%	0.25%
	PAYX	B	0.09%	0.17%	0.09%
	PCAR	C	0.12%	0.06%	0.06%
	PCG	A	0.09%	0.06%	0.06%
	PEG	C	0.09%	0.04%	0.04%
	PEP	F	0.45%	1.03%	0.45%
	PFE	F	0.3%	0.34%	0.3%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.77%	0.57%	0.57%
	PGR	B	0.31%	0.65%	0.31%
	PH	B	0.18%	0.04%	0.04%
	PHM	D	0.05%	0.11%	0.05%
	PINS	F	0.04%	0.0%	0.0%
	PKG	B	0.04%	0.09%	0.04%
	PLD	D	0.21%	0.08%	0.08%
	PLTR	A	0.23%	0.01%	0.01%
	PM	A	0.39%	0.11%	0.11%
	PNC	B	0.17%	0.16%	0.16%
	PPG	F	0.06%	0.02%	0.02%
	PPL	A	0.05%	0.02%	0.02%
	PRU	B	0.09%	0.08%	0.08%
	PSA	C	0.1%	0.14%	0.1%
	PSX	C	0.11%	0.14%	0.11%
	PWR	A	0.09%	0.02%	0.02%
	PYPL	B	0.18%	0.07%	0.07%
	QCOM	F	0.36%	0.57%	0.36%
	RBLX	B	0.05%	0.0%	0.0%
	RCL	A	0.1%	0.01%	0.01%
	REGN	F	0.17%	0.27%	0.17%
	RF	A	0.05%	0.06%	0.05%
	RJF	A	0.06%	0.03%	0.03%
	RMD	C	0.07%	0.1%	0.07%
	ROK	B	0.06%	0.09%	0.06%
	ROL	B	0.03%	0.17%	0.03%
	ROP	C	0.12%	0.47%	0.12%
	ROST	D	0.09%	0.03%	0.03%
	RPRX	F	0.02%	0.01%	0.01%
	RSG	A	0.09%	0.53%	0.09%
	RTX	D	0.33%	0.19%	0.19%
	SBAC	D	0.05%	0.01%	0.01%
	SBUX	A	0.22%	0.06%	0.06%
	SCHW	A	0.23%	0.06%	0.06%
	SHW	C	0.18%	0.26%	0.18%
	SLB	C	0.13%	0.05%	0.05%
	SMCI	F	0.02%	0.03%	0.02%
	SNA	B	0.04%	0.06%	0.04%
	SNAP	D	0.02%	0.0%	0.0%
	SNOW	C	0.08%	0.0%	0.0%
	SNPS	C	0.17%	0.29%	0.17%
	SO	C	0.19%	0.53%	0.19%
	SPG	A	0.12%	0.03%	0.03%
	SPGI	D	0.32%	0.06%	0.06%
	SQ	A	0.1%	0.02%	0.02%
	SRE	A	0.12%	0.06%	0.06%
	SSNC	C	0.03%	0.02%	0.02%
	STE	D	0.04%	0.01%	0.01%
	STT	B	0.06%	0.06%	0.06%
	STX	D	0.04%	0.07%	0.04%
	STZ	D	0.07%	0.02%	0.02%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	B	0.05%	0.06%	0.05%
	SYK	A	0.25%	0.05%	0.05%
	SYY	D	0.08%	0.05%	0.05%
	T	A	0.32%	0.66%	0.32%
	TDG	D	0.15%	0.01%	0.01%
	TEAM	A	0.08%	0.0%	0.0%
	TER	F	0.03%	0.05%	0.03%
	TFC	A	0.12%	0.15%	0.12%
	TGT	B	0.14%	0.1%	0.1%
	TJX	A	0.27%	0.54%	0.27%
	TMO	F	0.41%	0.11%	0.11%
	TMUS	B	0.23%	0.76%	0.23%
	TRMB	B	0.04%	0.01%	0.01%
	TROW	B	0.05%	0.09%	0.05%
	TRU	D	0.04%	0.01%	0.01%
	TRV	A	0.12%	0.45%	0.12%
	TSCO	D	0.06%	0.09%	0.06%
	TSLA	A	1.82%	0.27%	0.27%
	TSN	B	0.04%	0.27%	0.04%
	TT	A	0.18%	0.26%	0.18%
	TTD	B	0.12%	0.01%	0.01%
	TTWO	A	0.06%	0.01%	0.01%
	TXN	C	0.38%	1.13%	0.38%
	TXT	D	0.03%	0.02%	0.02%
	UBER	F	0.29%	0.17%	0.17%
	ULTA	F	0.04%	0.08%	0.04%
	UNH	C	1.13%	2.25%	1.13%
	UNP	D	0.29%	0.08%	0.08%
	UPS	C	0.19%	0.11%	0.11%
	URI	B	0.11%	0.04%	0.04%
	USB	B	0.15%	0.16%	0.15%
	V	A	1.03%	1.85%	1.03%
	VEEV	C	0.07%	0.09%	0.07%
	VICI	C	0.06%	0.04%	0.04%
	VLO	C	0.09%	0.14%	0.09%
	VMC	B	0.08%	0.02%	0.02%
	VRSK	B	0.08%	0.15%	0.08%
	VRSN	F	0.03%	0.22%	0.03%
	VRT	A	0.08%	0.01%	0.01%
	VRTX	D	0.25%	0.62%	0.25%
	VST	A	0.1%	0.02%	0.02%
	VTR	B	0.05%	0.02%	0.02%
	VZ	C	0.34%	0.77%	0.34%
	WAB	B	0.07%	0.02%	0.02%
	WAT	C	0.05%	0.07%	0.05%
	WBD	B	0.04%	0.11%	0.04%
	WDAY	C	0.11%	0.15%	0.11%
	WDC	F	0.04%	0.02%	0.02%
	WEC	A	0.06%	0.28%	0.06%
	WELL	A	0.16%	0.04%	0.04%
	WFC	A	0.49%	0.46%	0.46%
	WM	B	0.18%	0.52%	0.18%
	WMB	A	0.14%	0.14%	0.14%
	WMT	A	0.74%	0.93%	0.74%
	WRB	B	0.04%	0.12%	0.04%
	WST	D	0.05%	0.06%	0.05%
	WTW	B	0.07%	0.15%	0.07%
	WY	D	0.04%	0.03%	0.03%
	XEL	A	0.08%	0.19%	0.08%
	XOM	B	1.06%	0.81%	0.81%
	XYL	D	0.06%	0.01%	0.01%
	YUM	D	0.08%	0.19%	0.08%
	ZBH	C	0.05%	0.02%	0.02%
	ZBRA	B	0.04%	0.01%	0.01%
	ZM	B	0.05%	0.01%	0.01%
	ZS	B	0.04%	0.0%	0.0%
	ZTS	D	0.16%	0.24%	0.16%

GSUS Overweight 14 Positions Relative to QUS

	Symbol	Grade	Weight
	SPOT	B	0.12%
	FLUT	A	0.09%
	UAL	A	0.06%
	CPNG	D	0.05%
	CVNA	A	0.05%
	IBKR	A	0.04%
	ARM	F	0.03%
	SCCO	F	0.02%
	DOX	D	0.02%
	AGR	A	0.01%
	GFS	C	0.01%
	WMG	C	0.01%
	SIRI	D	0.0%
	RKT	F	0.0%

GSUS Underweight 148 Positions Relative to QUS

	Symbol	Grade	Weight
	WCN	A	-0.52%
	GDDY	A	-0.32%
	FCNCA	A	-0.32%
	BAH	D	-0.24%
	FFIV	B	-0.23%
	TDY	B	-0.22%
	INCY	C	-0.22%
	PTC	B	-0.18%
	ERIE	F	-0.17%
	JNPR	D	-0.17%
	AFG	A	-0.15%
	MOH	F	-0.14%
	NBIX	C	-0.12%
	AIZ	A	-0.12%
	UTHR	C	-0.11%
	TPL	A	-0.09%
	EME	A	-0.08%
	BLDR	D	-0.08%
	VLTO	C	-0.08%
	BMRN	F	-0.08%
	DECK	A	-0.08%
	WBA	F	-0.07%
	MANH	D	-0.07%
	HUBB	B	-0.07%
	TW	A	-0.07%
	LPLA	A	-0.07%
	WSO	A	-0.06%
	WSM	D	-0.06%
	SOLV	F	-0.06%
	GGG	B	-0.05%
	IEX	B	-0.05%
	FDS	B	-0.05%
	VTRS	A	-0.05%
	MRO	A	-0.04%
	PAYC	B	-0.04%
	JKHY	D	-0.04%
	ALLE	D	-0.04%
	KNX	B	-0.04%
	EPAM	C	-0.04%
	STLD	B	-0.04%
	BG	D	-0.04%
	APA	F	-0.04%
	POOL	D	-0.04%
	EQT	A	-0.03%
	ALLY	C	-0.03%
	RS	B	-0.03%
	KMX	C	-0.03%
	SW	A	-0.03%
	TTC	F	-0.03%
	TRGP	A	-0.03%
	ACI	C	-0.03%
	PARA	D	-0.03%
	CF	A	-0.03%
	AOS	F	-0.03%
	NRG	B	-0.03%
	FSLR	F	-0.03%
	NXPI	F	-0.03%
	SEIC	B	-0.03%
	OVV	C	-0.03%
	MKTX	D	-0.03%
	JBL	C	-0.03%
	MOS	D	-0.03%
	LW	C	-0.03%
	BXP	D	-0.02%
	IPG	F	-0.02%
	CCK	D	-0.02%
	RVTY	D	-0.02%
	LKQ	F	-0.02%
	SJM	D	-0.02%
	EMN	D	-0.02%
	ALB	B	-0.02%
	NI	A	-0.02%
	EQH	B	-0.02%
	UHS	D	-0.02%
	KIM	A	-0.02%
	OC	A	-0.02%
	J	D	-0.02%
	CRBG	B	-0.02%
	EVRG	A	-0.02%
	CHRW	B	-0.02%
	TAP	B	-0.02%
	DINO	D	-0.02%
	SWK	F	-0.02%
	CNH	C	-0.02%
	MTCH	F	-0.01%
	RIVN	F	-0.01%
	ENTG	F	-0.01%
	TYL	B	-0.01%
	BBWI	C	-0.01%
	Z	A	-0.01%
	NDSN	D	-0.01%
	LII	A	-0.01%
	BIO	C	-0.01%
	TFX	F	-0.01%
	QRVO	F	-0.01%
	AMH	C	-0.01%
	UDR	C	-0.01%
	WLK	F	-0.01%
	CTLT	D	-0.01%
	DVA	C	-0.01%
	MGM	D	-0.01%
	UHAL	D	-0.01%
	CPT	C	-0.01%
	GLPI	C	-0.01%
	CRL	D	-0.01%
	WTRG	B	-0.01%
	AVY	D	-0.01%
	HII	F	-0.01%
	HST	D	-0.01%
	FBIN	F	-0.01%
	CSL	C	-0.01%
	PNR	B	-0.01%
	REG	A	-0.01%
	RPM	B	-0.01%
	SUI	C	-0.01%
	NWSA	B	-0.01%
	BEN	C	-0.01%
	TWLO	A	-0.01%
	WPC	C	-0.01%
	AES	F	-0.01%
	HSIC	C	-0.01%
	BURL	A	-0.01%
	ACM	B	-0.01%
	CHRD	F	-0.01%
	DKS	D	-0.01%
	BRO	B	-0.01%
	CG	B	-0.01%
	CELH	F	-0.0%
	IOT	A	-0.0%
	TOST	A	-0.0%
	BSY	D	-0.0%
	PSTG	F	-0.0%
	H	B	-0.0%
	WYNN	D	-0.0%
	DT	C	-0.0%
	DOCU	B	-0.0%
	PODD	B	-0.0%
	HEI	A	-0.0%
	MSTR	A	-0.0%
	EXAS	D	-0.0%
	DAY	B	-0.0%
	ROKU	D	-0.0%
	HEI	A	-0.0%
	ELS	B	-0.0%
	OKTA	D	-0.0%
	TECH	F	-0.0%
	AXON	A	-0.0%
	HOOD	A	-0.0%

GSUS: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Semiconductors Business Services Diversified Industrials Diagnostics & Research Specialty Retail Asset Management Banks - Regional - US Drug Manufacturers - Major Capital Markets Insurance - Property & Casualty Software - Infrastructure Aerospace & Defense Credit Services Household & Personal Products Internet Content & Information Medical Devices Medical Instruments & Supplies Oil & Gas E&P

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

QUS: 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 Packaged Foods Internet Content & Information

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