GUSA vs. WRND ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to IQ Global Equity R&D Leaders ETF (WRND)

GUSA

Goldman Sachs MarketBeta U.S. 1000 Equity ETF

GUSA Description

The fund seeks to invest 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 is designed to measure the performance of equity securities of large and mid-capitalization equity issuers covering approximately the largest 1,000 of the free-float market capitalization in the U.S.

Grade (RS Rating)

Last Trade

$51.97

Average Daily Volume

6,962

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	WRND
30 Days	3.03%	-1.90%
60 Days	5.42%	-1.83%
90 Days	7.24%	-1.88%
12 Months	33.55%	18.15%

97 Overlapping Holdings

Symbol	Grade	Weight in GUSA	Weight in WRND	Overlap
AAPL	C	6.17%	3.25%	3.25%
ABBV	D	0.54%	0.68%	0.54%
ABBV	D	0.54%	0.17%	0.17%
ABNB	C	0.1%	0.19%	0.1%
ABT	B	0.37%	0.3%	0.3%
ACN	C	0.4%	0.15%	0.15%
ADBE	C	0.4%	0.39%	0.39%
ADI	D	0.19%	0.15%	0.15%
ADSK	A	0.12%	0.17%	0.12%
ALNY	D	0.05%	0.1%	0.05%
AMAT	F	0.25%	0.3%	0.25%
AMD	F	0.41%	0.57%	0.41%
AMGN	D	0.27%	0.47%	0.27%
AMZN	C	3.5%	6.24%	3.5%
APTV	D	0.03%	0.1%	0.03%
AVGO	D	1.38%	0.86%	0.86%
BA	F	0.16%	0.36%	0.16%
BDX	F	0.12%	0.12%	0.12%
BIIB	F	0.04%	0.17%	0.04%
BMY	B	0.22%	1.17%	0.22%
BSX	B	0.24%	0.17%	0.17%
CAT	B	0.34%	0.24%	0.24%
CDNS	B	0.15%	0.17%	0.15%
CMI	A	0.09%	0.19%	0.09%
CRM	B	0.55%	0.66%	0.55%
CSCO	B	0.42%	0.93%	0.42%
CTVA	C	0.07%	0.14%	0.07%
DASH	A	0.1%	0.14%	0.1%
DDOG	A	0.07%	0.12%	0.07%
DE	A	0.18%	0.24%	0.18%
DHR	F	0.27%	0.14%	0.14%
EA	A	0.07%	0.3%	0.07%
EBAY	D	0.05%	0.16%	0.05%
EW	C	0.08%	0.12%	0.08%
EXPE	B	0.04%	0.18%	0.04%
F	C	0.08%	0.89%	0.08%
GE	D	0.35%	0.18%	0.18%
GEHC	F	0.06%	0.12%	0.06%
GILD	C	0.2%	0.64%	0.2%
GLW	B	0.07%	0.12%	0.07%
GM	B	0.11%	1.2%	0.11%
GOOGL	C	1.9%	5.25%	1.9%
HON	B	0.27%	0.18%	0.18%
HPE	B	0.05%	0.27%	0.05%
HPQ	B	0.06%	0.19%	0.06%
IBM	C	0.35%	0.71%	0.35%
ILMN	D	0.04%	0.14%	0.04%
INCY	C	0.02%	0.29%	0.02%
INTC	D	0.19%	1.97%	0.19%
INTU	C	0.32%	0.3%	0.3%
ISRG	A	0.35%	0.12%	0.12%
JNJ	D	0.67%	1.48%	0.67%
JNPR	F	0.02%	0.11%	0.02%
KLAC	D	0.15%	0.11%	0.11%
LCID	F	0.0%	0.07%	0.0%
LLY	F	1.13%	0.85%	0.85%
LMT	D	0.23%	0.15%	0.15%
LRCX	F	0.17%	0.18%	0.17%
MCHP	D	0.06%	0.09%	0.06%
MDT	D	0.2%	0.28%	0.2%
MELI	D	0.16%	0.21%	0.16%
META	D	2.23%	4.08%	2.23%
MMM	D	0.13%	0.16%	0.13%
MRK	F	0.45%	1.59%	0.45%
MRNA	F	0.02%	0.27%	0.02%
MRVL	B	0.14%	0.24%	0.14%
MSFT	F	5.59%	2.97%	2.97%
MU	D	0.2%	0.38%	0.2%
NFLX	A	0.67%	0.35%	0.35%
NOC	D	0.13%	0.12%	0.12%
NOW	A	0.38%	0.26%	0.26%
NTAP	C	0.05%	0.11%	0.05%
NVDA	C	6.32%	1.34%	1.34%
ORCL	B	0.56%	1.05%	0.56%
PANW	C	0.23%	0.22%	0.22%
PFE	D	0.26%	0.94%	0.26%
PG	A	0.73%	0.21%	0.21%
PINS	D	0.03%	0.11%	0.03%
PYPL	B	0.16%	0.34%	0.16%
QCOM	F	0.33%	0.9%	0.33%
RBLX	C	0.05%	0.16%	0.05%
REGN	F	0.14%	0.29%	0.14%
RIVN	F	0.01%	0.17%	0.01%
RTX	C	0.29%	0.3%	0.29%
SNOW	C	0.08%	0.19%	0.08%
SNPS	B	0.15%	0.22%	0.15%
SPOT	B	0.12%	0.22%	0.12%
SQ	B	0.09%	0.39%	0.09%
SYK	C	0.23%	0.15%	0.15%
TEAM	A	0.07%	0.34%	0.07%
TMO	F	0.35%	0.12%	0.12%
TSLA	B	1.76%	0.67%	0.67%
TXN	C	0.33%	0.21%	0.21%
UBER	D	0.26%	0.31%	0.26%
VRTX	F	0.21%	0.84%	0.21%
WDAY	B	0.1%	0.28%	0.1%
WDC	D	0.04%	0.19%	0.04%

GUSA Overweight 879 Positions Relative to WRND

Symbol	Grade	Weight
GOOG	C	1.71%
JPM	A	1.26%
BRK.A	B	1.13%
UNH	C	0.97%
XOM	B	0.96%
V	A	0.95%
MA	C	0.78%
COST	B	0.75%
HD	A	0.74%
WMT	A	0.69%
BAC	A	0.57%
CVX	A	0.5%
WFC	A	0.46%
KO	D	0.44%
LIN	D	0.39%
PEP	F	0.39%
MCD	D	0.38%
PM	B	0.37%
DIS	B	0.37%
GS	A	0.33%
VZ	C	0.32%
CMCSA	B	0.3%
T	A	0.3%
MS	A	0.3%
BKNG	A	0.3%
SPGI	C	0.29%
NEE	D	0.29%
AXP	A	0.29%
BLK	C	0.28%
LOW	D	0.27%
PGR	A	0.27%
UNP	C	0.26%
ETN	A	0.26%
TJX	A	0.25%
COP	C	0.24%
BX	A	0.24%
PLTR	B	0.23%
C	A	0.23%
SCHW	B	0.22%
ADP	B	0.22%
FI	A	0.22%
TMUS	B	0.21%
CB	C	0.21%
MMC	B	0.2%
SBUX	A	0.2%
KKR	A	0.19%
PLD	D	0.19%
SO	D	0.18%
UPS	C	0.18%
ANET	C	0.17%
ELV	F	0.17%
TT	A	0.17%
GEV	B	0.17%
AMT	D	0.17%
MO	A	0.17%
MDLZ	F	0.16%
EQIX	A	0.16%
SHW	A	0.16%
NKE	D	0.16%
DUK	C	0.16%
WM	A	0.16%
PH	A	0.16%
CI	F	0.16%
ICE	C	0.16%
ZTS	D	0.15%
MCK	B	0.15%
CMG	B	0.15%
CRWD	B	0.15%
MSI	B	0.15%
PNC	B	0.15%
CME	A	0.15%
WELL	A	0.15%
APH	A	0.15%
EMR	A	0.14%
AON	A	0.14%
CTAS	B	0.14%
USB	A	0.14%
CL	D	0.14%
EOG	A	0.14%
ITW	B	0.14%
MSTR	C	0.14%
APO	B	0.13%
TDG	D	0.13%
ORLY	B	0.13%
CVS	D	0.13%
WMB	A	0.13%
TGT	F	0.13%
APD	A	0.13%
APP	B	0.13%
CEG	D	0.13%
MCO	B	0.13%
FCX	D	0.12%
GD	F	0.12%
COIN	C	0.12%
FDX	B	0.12%
OKE	A	0.12%
MAR	B	0.12%
CSX	B	0.12%
COF	B	0.12%
SPG	B	0.11%
NSC	B	0.11%
ROP	B	0.11%
TRV	B	0.11%
SRE	A	0.11%
HLT	A	0.11%
SLB	C	0.11%
DLR	B	0.11%
ECL	D	0.11%
TFC	A	0.11%
HCA	F	0.11%
CARR	D	0.11%
AJG	B	0.11%
RCL	A	0.1%
PSA	D	0.1%
AZO	C	0.1%
VST	B	0.1%
MPC	D	0.1%
TTD	B	0.1%
URI	B	0.1%
PSX	C	0.1%
KMI	A	0.1%
FICO	B	0.1%
AMP	A	0.1%
JCI	C	0.1%
FTNT	C	0.1%
AFL	B	0.1%
BK	A	0.1%
PCAR	B	0.1%
DHI	D	0.09%
FAST	B	0.09%
FLUT	A	0.09%
FIS	C	0.09%
HWM	A	0.09%
PWR	A	0.09%
VRT	B	0.09%
CPRT	A	0.09%
AIG	B	0.09%
D	C	0.09%
MET	A	0.09%
LNG	B	0.09%
NEM	D	0.09%
O	D	0.09%
AEP	D	0.09%
GWW	B	0.09%
ALL	A	0.09%
IR	B	0.08%
DAL	C	0.08%
COR	B	0.08%
BKR	B	0.08%
DFS	B	0.08%
RSG	A	0.08%
AXON	A	0.08%
TRGP	B	0.08%
PRU	A	0.08%
AME	A	0.08%
PCG	A	0.08%
PEG	A	0.08%
KVUE	A	0.08%
CCI	D	0.08%
PAYX	C	0.08%
MSCI	C	0.08%
KMB	D	0.08%
VLO	C	0.08%
ROST	C	0.08%
LHX	C	0.08%
MLM	B	0.07%
A	D	0.07%
SYY	B	0.07%
CHTR	C	0.07%
VMC	B	0.07%
YUM	B	0.07%
MNST	C	0.07%
STZ	D	0.07%
CTSH	B	0.07%
XEL	A	0.07%
KR	B	0.07%
IT	C	0.07%
EXC	C	0.07%
LEN	D	0.07%
ODFL	B	0.07%
VRSK	A	0.07%
OTIS	C	0.07%
CBRE	B	0.07%
HES	B	0.07%
DELL	C	0.07%
RJF	A	0.06%
TTWO	A	0.06%
CNC	D	0.06%
DOW	F	0.06%
DD	D	0.06%
UAL	A	0.06%
ARES	A	0.06%
VEEV	C	0.06%
FITB	A	0.06%
WEC	A	0.06%
WTW	B	0.06%
ROK	B	0.06%
ETR	B	0.06%
GRMN	B	0.06%
FANG	D	0.06%
LULU	C	0.06%
AVB	B	0.06%
TPL	A	0.06%
NDAQ	A	0.06%
EIX	B	0.06%
HUBS	A	0.06%
VICI	C	0.06%
KDP	D	0.06%
HUM	C	0.06%
ED	D	0.06%
IRM	D	0.06%
IDXX	F	0.06%
IQV	D	0.06%
WAB	B	0.06%
HIG	B	0.06%
ACGL	D	0.06%
NUE	C	0.06%
RMD	C	0.06%
EXR	D	0.06%
GIS	D	0.06%
OXY	D	0.06%
MTB	A	0.06%
CPAY	A	0.05%
EQT	B	0.05%
DTE	C	0.05%
ADM	D	0.05%
HSY	F	0.05%
SYF	B	0.05%
TYL	B	0.05%
PPL	B	0.05%
GDDY	A	0.05%
EQR	B	0.05%
CCL	B	0.05%
FCNCA	A	0.05%
HBAN	A	0.05%
TROW	B	0.05%
NVR	D	0.05%
VTR	C	0.05%
FTV	C	0.05%
BR	A	0.05%
BRO	B	0.05%
KEYS	A	0.05%
PHM	D	0.05%
CPNG	D	0.05%
HAL	C	0.05%
DECK	A	0.05%
AWK	D	0.05%
SW	A	0.05%
CHD	B	0.05%
DOV	A	0.05%
MPWR	F	0.05%
CVNA	B	0.05%
PPG	F	0.05%
STT	A	0.05%
ON	D	0.05%
NET	B	0.05%
CAH	B	0.05%
GPN	B	0.05%
XYL	D	0.05%
CSGP	D	0.05%
DXCM	D	0.05%
ANSS	B	0.05%
TSCO	D	0.05%
EFX	F	0.05%
STX	D	0.04%
IBKR	A	0.04%
ESS	B	0.04%
LUV	C	0.04%
NRG	B	0.04%
INVH	D	0.04%
PFG	D	0.04%
ZBRA	B	0.04%
LYV	A	0.04%
LII	A	0.04%
LH	C	0.04%
IP	B	0.04%
CSL	C	0.04%
ZM	B	0.04%
CNP	B	0.04%
DKNG	B	0.04%
STLD	B	0.04%
MDB	C	0.04%
WAT	B	0.04%
CMS	C	0.04%
CFG	B	0.04%
BLDR	D	0.04%
CLX	B	0.04%
STE	F	0.04%
LYB	F	0.04%
K	A	0.04%
CBOE	B	0.04%
LDOS	C	0.04%
PKG	A	0.04%
MKL	A	0.04%
WBD	C	0.04%
ES	D	0.04%
TDY	B	0.04%
NTRS	A	0.04%
WST	C	0.04%
ATO	A	0.04%
WY	D	0.04%
PTC	A	0.04%
ZBH	C	0.04%
IFF	D	0.04%
FE	C	0.04%
CINF	A	0.04%
VLTO	D	0.04%
SBAC	D	0.04%
CDW	F	0.04%
LPLA	A	0.04%
DVN	F	0.04%
KHC	F	0.04%
EME	C	0.04%
RF	A	0.04%
AEE	A	0.04%
HUBB	B	0.04%
MTD	D	0.04%
RVTY	F	0.03%
SAIA	B	0.03%
NDSN	B	0.03%
DT	C	0.03%
UDR	B	0.03%
EL	F	0.03%
POOL	C	0.03%
FFIV	B	0.03%
CW	B	0.03%
JBL	B	0.03%
AMCR	D	0.03%
SMCI	F	0.03%
SFM	A	0.03%
JBHT	C	0.03%
EWBC	A	0.03%
ACM	A	0.03%
AFRM	B	0.03%
ROL	B	0.03%
TWLO	A	0.03%
EVRG	A	0.03%
EQH	B	0.03%
FLEX	A	0.03%
UTHR	C	0.03%
DOC	D	0.03%
GGG	B	0.03%
ENTG	D	0.03%
USFD	A	0.03%
VRSN	F	0.03%
RGA	A	0.03%
CASY	A	0.03%
GWRE	A	0.03%
TOL	B	0.03%
TXT	D	0.03%
L	A	0.03%
PSTG	D	0.03%
VTRS	A	0.03%
DPZ	C	0.03%
CF	B	0.03%
TW	A	0.03%
ALGN	D	0.03%
SSNC	B	0.03%
ULTA	F	0.03%
SUI	D	0.03%
AVY	D	0.03%
GEN	B	0.03%
LNT	A	0.03%
FNF	B	0.03%
HEI	B	0.03%
TER	D	0.03%
MRO	B	0.03%
DOCU	A	0.03%
TOST	B	0.03%
ARE	D	0.03%
MAS	D	0.03%
J	F	0.03%
GPC	D	0.03%
WSM	B	0.03%
MOH	F	0.03%
BBY	D	0.03%
KIM	A	0.03%
MANH	D	0.03%
BAX	D	0.03%
NI	A	0.03%
OC	A	0.03%
DG	F	0.03%
XPO	B	0.03%
EXPD	D	0.03%
NTNX	A	0.03%
RS	B	0.03%
TRMB	B	0.03%
FIX	A	0.03%
RPM	A	0.03%
IEX	B	0.03%
LVS	C	0.03%
PNR	A	0.03%
HOOD	B	0.03%
BAH	F	0.03%
BURL	A	0.03%
TSN	B	0.03%
YUMC	C	0.03%
DGX	A	0.03%
BALL	D	0.03%
KEY	B	0.03%
WRB	A	0.03%
WSO	A	0.03%
SNA	A	0.03%
HOLX	D	0.03%
PODD	C	0.03%
FDS	B	0.03%
MAA	B	0.03%
MKC	D	0.03%
TRU	D	0.03%
FSLR	F	0.03%
ZS	C	0.03%
NTRA	B	0.03%
DRI	B	0.03%
OMC	C	0.03%
CTRA	B	0.03%
SKX	D	0.02%
RL	B	0.02%
MOS	F	0.02%
CFR	B	0.02%
EGP	F	0.02%
RRC	B	0.02%
CPB	D	0.02%
GPK	C	0.02%
FRT	B	0.02%
TTC	D	0.02%
PR	B	0.02%
AOS	F	0.02%
PLNT	A	0.02%
SNX	C	0.02%
PCTY	B	0.02%
WYNN	D	0.02%
RBC	A	0.02%
CNH	C	0.02%
CBSH	A	0.02%
CR	A	0.02%
HQY	B	0.02%
EXEL	B	0.02%
MGM	D	0.02%
AXTA	A	0.02%
ZION	B	0.02%
HRL	D	0.02%
GLOB	B	0.02%
RVMD	C	0.02%
HSIC	B	0.02%
WMS	D	0.02%
OGE	B	0.02%
MORN	B	0.02%
PEN	B	0.02%
BILL	A	0.02%
X	C	0.02%
TPX	B	0.02%
ORI	A	0.02%
KNX	B	0.02%
AR	B	0.02%
QGEN	D	0.02%
FLR	B	0.02%
CMA	A	0.02%
CRS	A	0.02%
BRX	A	0.02%
MTZ	B	0.02%
FN	D	0.02%
FBIN	D	0.02%
SCCO	F	0.02%
TFX	F	0.02%
DCI	B	0.02%
ROKU	D	0.02%
WCC	B	0.02%
INGR	B	0.02%
SOLV	C	0.02%
TKO	B	0.02%
PNFP	B	0.02%
REXR	F	0.02%
DOX	D	0.02%
LKQ	D	0.02%
AAL	B	0.02%
GMED	A	0.02%
CRL	C	0.02%
BRBR	A	0.02%
SRPT	D	0.02%
HLI	B	0.02%
ARMK	B	0.02%
CHDN	B	0.02%
CIEN	B	0.02%
WAL	B	0.02%
AYI	B	0.02%
ALLY	C	0.02%
EXAS	D	0.02%
LAD	A	0.02%
AES	F	0.02%
GL	B	0.02%
RGLD	C	0.02%
EHC	B	0.02%
RPRX	D	0.02%
LBRDK	C	0.02%
CACI	D	0.02%
OHI	C	0.02%
AFG	A	0.02%
EXP	A	0.02%
MKTX	D	0.02%
MUSA	A	0.02%
WING	D	0.02%
PRI	A	0.02%
RDDT	B	0.02%
FOXA	B	0.02%
ALSN	B	0.02%
DTM	B	0.02%
PCVX	D	0.02%
WBS	A	0.02%
MLI	C	0.02%
AIT	A	0.02%
TAP	C	0.02%
WWD	B	0.02%
IOT	A	0.02%
PNW	B	0.02%
TECH	D	0.02%
BLD	D	0.02%
ERIE	D	0.02%
IPG	D	0.02%
FND	C	0.02%
KNSL	B	0.02%
FHN	A	0.02%
GME	C	0.02%
CTLT	B	0.02%
WTRG	B	0.02%
EVR	B	0.02%
CCK	C	0.02%
GNRC	B	0.02%
LW	C	0.02%
TTEK	F	0.02%
OVV	B	0.02%
SNAP	C	0.02%
ATR	B	0.02%
CUBE	D	0.02%
NWSA	B	0.02%
NCLH	B	0.02%
PAYC	B	0.02%
LAMR	D	0.02%
UHS	D	0.02%
CG	A	0.02%
DAY	B	0.02%
SF	B	0.02%
BJ	A	0.02%
HEI	B	0.02%
DKS	C	0.02%
AIZ	A	0.02%
LECO	B	0.02%
RRX	B	0.02%
BXP	D	0.02%
KMX	B	0.02%
BMRN	D	0.02%
AA	B	0.02%
Z	A	0.02%
SJM	D	0.02%
NBIX	C	0.02%
INSM	C	0.02%
DUOL	A	0.02%
SCI	B	0.02%
EMN	D	0.02%
HST	C	0.02%
OKTA	C	0.02%
JEF	A	0.02%
BWXT	B	0.02%
REG	B	0.02%
EG	C	0.02%
ALLE	D	0.02%
JLL	D	0.02%
ITT	A	0.02%
WPC	D	0.02%
FTI	A	0.02%
EPAM	C	0.02%
CLH	B	0.02%
NVT	B	0.02%
ALB	C	0.02%
JKHY	D	0.02%
AMH	D	0.02%
BG	F	0.02%
PFGC	B	0.02%
CHRW	C	0.02%
ELS	C	0.02%
CAG	D	0.02%
TPR	B	0.02%
TXRH	C	0.02%
CPT	B	0.02%
OWL	A	0.02%
AVTR	F	0.02%
DLTR	F	0.02%
AKAM	D	0.02%
COHR	B	0.02%
GLPI	C	0.02%
SWK	D	0.02%
UNM	A	0.02%
THC	D	0.02%
SWKS	F	0.02%
RNR	C	0.02%
SOFI	A	0.02%
ADTN	A	0.01%
AMKR	D	0.01%
TNET	D	0.01%
HESM	B	0.01%
CACC	D	0.01%
SATS	D	0.01%
COLM	B	0.01%
PAG	B	0.01%
NSA	D	0.01%
CRVL	A	0.01%
HUN	F	0.01%
NUVL	D	0.01%
NWS	B	0.01%
GFS	C	0.01%
DNB	B	0.01%
ZG	A	0.01%
ACHC	F	0.01%
IAC	D	0.01%
DDS	B	0.01%
LANC	C	0.01%
PII	D	0.01%
MDU	D	0.01%
MSM	C	0.01%
ASGN	F	0.01%
RYN	D	0.01%
OPCH	D	0.01%
M	D	0.01%
OGN	D	0.01%
W	F	0.01%
ASH	D	0.01%
ZETA	D	0.01%
ENLC	A	0.01%
HOG	D	0.01%
XRAY	F	0.01%
SIG	B	0.01%
STEP	B	0.01%
FLO	D	0.01%
ROIV	C	0.01%
CELH	F	0.01%
NSIT	F	0.01%
WLK	D	0.01%
CHH	A	0.01%
WMG	C	0.01%
CIVI	D	0.01%
GAP	C	0.01%
DLB	B	0.01%
EEFT	B	0.01%
APPF	B	0.01%
AN	C	0.01%
SLGN	A	0.01%
PSN	D	0.01%
BRKR	D	0.01%
CHWY	B	0.01%
SWX	B	0.01%
KRC	C	0.01%
MGY	A	0.01%
BYD	C	0.01%
TENB	C	0.01%
FIVE	F	0.01%
CNM	D	0.01%
MUR	D	0.01%
ST	F	0.01%
IONS	F	0.01%
EXPO	D	0.01%
RH	B	0.01%
VKTX	F	0.01%
TKR	D	0.01%
SON	D	0.01%
MMS	F	0.01%
SN	D	0.01%
OLN	D	0.01%
HXL	D	0.01%
IBP	D	0.01%
PATH	C	0.01%
NXST	C	0.01%
FFIN	B	0.01%
AL	B	0.01%
SEE	C	0.01%
ABG	B	0.01%
HCP	B	0.01%
SM	B	0.01%
VVV	F	0.01%
INSP	D	0.01%
UGI	A	0.01%
QLYS	C	0.01%
OZK	B	0.01%
GATX	A	0.01%
POST	C	0.01%
BC	C	0.01%
CYTK	F	0.01%
AM	A	0.01%
LEA	D	0.01%
AMG	B	0.01%
LNTH	D	0.01%
CLF	F	0.01%
CRUS	D	0.01%
BROS	B	0.01%
UBSI	B	0.01%
SIRI	C	0.01%
NFG	A	0.01%
THO	B	0.01%
EDR	A	0.01%
PVH	C	0.01%
TPG	A	0.01%
FOX	A	0.01%
HALO	F	0.01%
ETSY	D	0.01%
IVZ	B	0.01%
RMBS	C	0.01%
WTS	B	0.01%
VNT	B	0.01%
JHG	A	0.01%
FOUR	B	0.01%
PCOR	B	0.01%
SUM	B	0.01%
AGCO	D	0.01%
LNC	B	0.01%
AUR	C	0.01%
THG	A	0.01%
ALTR	B	0.01%
ESNT	D	0.01%
CROX	D	0.01%
SAIC	F	0.01%
CHX	C	0.01%
U	C	0.01%
STWD	C	0.01%
WFRD	D	0.01%
SIGI	C	0.01%
BPMC	C	0.01%
LFUS	F	0.01%
IDA	A	0.01%
NOVT	D	0.01%
LYFT	C	0.01%
WHR	B	0.01%
WBA	F	0.01%
PARA	C	0.01%
UHAL	D	0.01%
SITE	D	0.01%
ESI	A	0.01%
ARW	D	0.01%
GBCI	B	0.01%
BBWI	D	0.01%
MSA	D	0.01%
QRVO	F	0.01%
MAT	D	0.01%
DBX	B	0.01%
COLD	D	0.01%
NOV	C	0.01%
COKE	C	0.01%
CFLT	B	0.01%
BFAM	D	0.01%
MTN	C	0.01%
DOCS	C	0.01%
VNO	B	0.01%
DINO	D	0.01%
MTH	D	0.01%
OMF	A	0.01%
BIO	D	0.01%
LSTR	D	0.01%
SPSC	C	0.01%
MTDR	B	0.01%
FYBR	D	0.01%
ONB	B	0.01%
STAG	F	0.01%
ELAN	D	0.01%
WSC	D	0.01%
H	B	0.01%
RHP	B	0.01%
FAF	A	0.01%
ELF	C	0.01%
DAR	C	0.01%
MOD	A	0.01%
AXS	A	0.01%
RGEN	D	0.01%
LSCC	D	0.01%
AZEK	A	0.01%
LNW	D	0.01%
ALV	C	0.01%
AGNC	D	0.01%
BPOP	B	0.01%
HLNE	B	0.01%
BEN	C	0.01%
FCN	D	0.01%
EXLS	B	0.01%
ALK	C	0.01%
CGNX	C	0.01%
GNTX	C	0.01%
VMI	B	0.01%
RYAN	B	0.01%
MTSI	B	0.01%
ANF	C	0.01%
GXO	B	0.01%
MKSI	C	0.01%
ESAB	B	0.01%
CMC	B	0.01%
TMHC	B	0.01%
FMC	D	0.01%
FR	C	0.01%
RLI	B	0.01%
OSK	B	0.01%
GTLS	B	0.01%
WEX	D	0.01%
S	B	0.01%
MHK	D	0.01%
ATI	D	0.01%
APG	B	0.01%
JAZZ	B	0.01%
DVA	B	0.01%
VFC	C	0.01%
MTCH	D	0.01%
RHI	B	0.01%
CRBG	B	0.01%
OLED	D	0.01%
LPX	B	0.01%
CVLT	B	0.01%
WH	B	0.01%
G	B	0.01%
MIDD	C	0.01%
ESTC	C	0.01%
MASI	A	0.01%
JXN	C	0.01%
TREX	C	0.01%
GTLB	B	0.01%
SMAR	A	0.01%
MEDP	D	0.01%
BSY	D	0.01%
PB	A	0.01%
KEX	C	0.01%
ITCI	C	0.01%
HII	D	0.01%
UFPI	B	0.01%
GKOS	B	0.01%
BWA	D	0.01%
KBR	F	0.01%
SSD	D	0.01%
BERY	B	0.01%
ADC	B	0.01%
HRB	D	0.01%
CZR	F	0.01%
VOYA	B	0.01%
CE	F	0.01%
APA	D	0.01%
SNV	B	0.01%
CHE	D	0.01%
ENSG	D	0.01%
CHRD	D	0.01%
ONTO	D	0.01%
FLS	B	0.01%
SSB	B	0.01%
ENPH	F	0.01%
NNN	D	0.01%
HAS	D	0.01%
SEIC	B	0.01%
NYT	C	0.01%
WTFC	A	0.01%
ACI	C	0.01%
AAON	B	0.01%
UWMC	D	0.0%
UHAL	D	0.0%
BLCO	D	0.0%
CWEN	C	0.0%
CNA	B	0.0%
LEN	D	0.0%
BIRK	D	0.0%
DJT	C	0.0%
INFA	D	0.0%
LBRDA	C	0.0%
IMVT	F	0.0%
REYN	D	0.0%
LEVI	F	0.0%
RKT	F	0.0%
CLVT	F	0.0%
IGT	F	0.0%
PPC	C	0.0%
SMMT	D	0.0%
RCM	F	0.0%
KNTK	B	0.0%
CWEN	C	0.0%
CPRI	F	0.0%
BBIO	F	0.0%
COTY	F	0.0%
AGR	B	0.0%
STNG	F	0.0%
BOKF	B	0.0%

GUSA Underweight 15 Positions Relative to WRND

Symbol	Grade	Weight
NVS	D	-0.96%
BABA	D	-0.95%
TM	D	-0.74%
SONY	B	-0.66%
STLA	F	-0.66%
HMC	F	-0.65%
BIDU	F	-0.39%
TCOM	B	-0.27%
NXPI	D	-0.24%
SHOP	B	-0.24%
LI	F	-0.22%
BGNE	D	-0.2%
NIO	F	-0.19%
LPL	F	-0.11%
UL	D	-0.11%