IUS vs. QDPL ETF Comparison

Comparison of Invesco Strategic US ETF (IUS) to Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL)

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.77

Average Daily Volume

55,038

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

QDPL

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

QDPL Description

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF is an exchange-trad- ed fund incorporated in the USA. The ETF seeks to track the total return perfor- mance, before fees and expenses, of the Metaurus US Large Cap Dividend Multipli- er Index - Series 400.

Grade (RS Rating)

Last Trade

$39.41

Average Daily Volume

147,783

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	IUS	QDPL
30 Days	3.50%	2.90%
60 Days	3.79%	4.41%
90 Days	5.45%	5.88%
12 Months	27.21%	29.95%

369 Overlapping Holdings

Symbol	Grade	Weight in IUS	Weight in QDPL	Overlap
A	D	0.05%	0.07%	0.05%
AAPL	C	4.81%	6.08%	4.81%
ABBV	D	0.63%	0.54%	0.54%
ABNB	C	0.13%	0.1%	0.1%
ABT	B	0.38%	0.36%	0.36%
ACGL	D	0.1%	0.07%	0.07%
ACN	C	0.48%	0.41%	0.41%
ADBE	C	0.27%	0.42%	0.27%
ADM	D	0.28%	0.04%	0.04%
ADP	B	0.17%	0.22%	0.17%
ADSK	A	0.08%	0.12%	0.08%
AES	F	0.04%	0.02%	0.02%
AIZ	A	0.06%	0.02%	0.02%
AKAM	D	0.04%	0.02%	0.02%
ALB	C	0.05%	0.02%	0.02%
ALGN	D	0.03%	0.03%	0.03%
ALL	A	0.26%	0.09%	0.09%
AMAT	F	0.2%	0.27%	0.2%
AMCR	D	0.07%	0.03%	0.03%
AMD	F	0.2%	0.4%	0.2%
AME	A	0.06%	0.08%	0.06%
AMGN	D	0.23%	0.29%	0.23%
AMZN	C	2.07%	3.55%	2.07%
ANET	C	0.04%	0.18%	0.04%
ANSS	B	0.03%	0.05%	0.03%
AON	A	0.16%	0.15%	0.15%
AOS	F	0.02%	0.02%	0.02%
APA	D	0.05%	0.01%	0.01%
APD	A	0.15%	0.12%	0.12%
APH	A	0.09%	0.16%	0.09%
APTV	D	0.05%	0.03%	0.03%
AVGO	D	0.73%	1.44%	0.73%
AVY	D	0.03%	0.03%	0.03%
AXP	A	0.53%	0.28%	0.28%
AZO	C	0.13%	0.09%	0.09%
BA	F	0.11%	0.18%	0.11%
BALL	D	0.05%	0.03%	0.03%
BAX	D	0.06%	0.03%	0.03%
BBY	D	0.13%	0.03%	0.03%
BDX	F	0.15%	0.12%	0.12%
BEN	C	0.03%	0.01%	0.01%
BG	F	0.13%	0.02%	0.02%
BIIB	F	0.05%	0.04%	0.04%
BKNG	A	0.41%	0.28%	0.28%
BKR	B	0.18%	0.08%	0.08%
BLDR	D	0.12%	0.04%	0.04%
BMY	B	0.64%	0.21%	0.21%
BR	A	0.04%	0.05%	0.04%
BRK.A	B	2.95%	1.53%	1.53%
BRO	B	0.03%	0.05%	0.03%
BSX	B	0.12%	0.23%	0.12%
BWA	D	0.05%	0.01%	0.01%
BX	A	0.26%	0.23%	0.23%
CAG	D	0.06%	0.02%	0.02%
CAH	B	0.48%	0.05%	0.05%
CARR	D	0.11%	0.11%	0.11%
CAT	B	0.45%	0.33%	0.33%
CB	C	0.43%	0.19%	0.19%
CBOE	B	0.03%	0.04%	0.03%
CBRE	B	0.14%	0.07%	0.07%
CCL	B	0.12%	0.04%	0.04%
CDNS	B	0.05%	0.15%	0.05%
CDW	F	0.05%	0.04%	0.04%
CE	F	0.03%	0.01%	0.01%
CEG	D	0.04%	0.12%	0.04%
CF	B	0.1%	0.03%	0.03%
CHD	B	0.04%	0.05%	0.04%
CHRW	C	0.08%	0.02%	0.02%
CHTR	C	0.34%	0.07%	0.07%
CI	F	0.64%	0.16%	0.16%
CINF	A	0.1%	0.04%	0.04%
CL	D	0.12%	0.13%	0.12%
CLX	B	0.04%	0.04%	0.04%
CMCSA	B	1.13%	0.3%	0.3%
CMG	B	0.05%	0.14%	0.05%
CMI	A	0.16%	0.09%	0.09%
CMS	C	0.06%	0.04%	0.04%
CNC	D	0.32%	0.05%	0.05%
CNP	B	0.1%	0.04%	0.04%
COP	C	0.68%	0.23%	0.23%
COR	B	0.45%	0.08%	0.08%
COST	B	0.74%	0.73%	0.73%
CPAY	A	0.06%	0.04%	0.04%
CPB	D	0.03%	0.02%	0.02%
CPRT	A	0.03%	0.09%	0.03%
CRM	B	0.52%	0.59%	0.52%
CSCO	B	0.74%	0.43%	0.43%
CSGP	D	0.02%	0.05%	0.02%
CSX	B	0.21%	0.13%	0.13%
CTAS	B	0.07%	0.14%	0.07%
CTRA	B	0.13%	0.03%	0.03%
CTSH	B	0.14%	0.07%	0.07%
CTVA	C	0.14%	0.07%	0.07%
CVS	D	1.02%	0.12%	0.12%
CVX	A	1.68%	0.48%	0.48%
CZR	F	0.05%	0.02%	0.02%
DAL	C	0.06%	0.07%	0.06%
DD	D	0.14%	0.06%	0.06%
DE	A	0.38%	0.18%	0.18%
DECK	A	0.03%	0.05%	0.03%
DELL	C	0.22%	0.07%	0.07%
DG	F	0.07%	0.03%	0.03%
DGX	A	0.07%	0.03%	0.03%
DHI	D	0.17%	0.08%	0.08%
DHR	F	0.21%	0.28%	0.21%
DIS	B	0.57%	0.33%	0.33%
DLTR	F	0.06%	0.02%	0.02%
DOV	A	0.05%	0.05%	0.05%
DOW	F	0.18%	0.06%	0.06%
DRI	B	0.06%	0.04%	0.04%
DTE	C	0.1%	0.04%	0.04%
DVA	B	0.05%	0.01%	0.01%
DVN	F	0.12%	0.04%	0.04%
DXCM	D	0.02%	0.05%	0.02%
EA	A	0.1%	0.07%	0.07%
EBAY	D	0.12%	0.05%	0.05%
ECL	D	0.08%	0.11%	0.08%
ED	D	0.14%	0.06%	0.06%
EFX	F	0.04%	0.06%	0.04%
EG	C	0.1%	0.03%	0.03%
EL	F	0.04%	0.03%	0.03%
ELV	F	0.39%	0.17%	0.17%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.15%	0.13%	0.13%
EOG	A	0.35%	0.14%	0.14%
EQIX	A	0.1%	0.15%	0.1%
EQT	B	0.1%	0.05%	0.05%
ETN	A	0.16%	0.26%	0.16%
EW	C	0.04%	0.07%	0.04%
EXC	C	0.17%	0.07%	0.07%
EXPD	D	0.08%	0.03%	0.03%
EXPE	B	0.14%	0.04%	0.04%
F	C	0.54%	0.08%	0.08%
FANG	D	0.16%	0.06%	0.06%
FAST	B	0.07%	0.09%	0.07%
FCX	D	0.12%	0.11%	0.11%
FDX	B	0.37%	0.12%	0.12%
FE	C	0.09%	0.04%	0.04%
FFIV	B	0.04%	0.03%	0.03%
FI	A	0.36%	0.22%	0.22%
FOXA	B	0.15%	0.02%	0.02%
FSLR	F	0.03%	0.03%	0.03%
FTNT	C	0.07%	0.11%	0.07%
FTV	C	0.06%	0.05%	0.05%
GD	F	0.19%	0.14%	0.14%
GDDY	A	0.05%	0.05%	0.05%
GE	D	0.41%	0.35%	0.35%
GEHC	F	0.06%	0.07%	0.06%
GEN	B	0.04%	0.03%	0.03%
GILD	C	0.38%	0.21%	0.21%
GIS	D	0.13%	0.06%	0.06%
GLW	B	0.13%	0.06%	0.06%
GM	B	0.96%	0.12%	0.12%
GOOGL	C	3.66%	1.87%	1.87%
GPC	D	0.06%	0.03%	0.03%
GRMN	B	0.05%	0.06%	0.05%
GWW	B	0.09%	0.09%	0.09%
HAL	C	0.1%	0.05%	0.05%
HAS	D	0.03%	0.01%	0.01%
HCA	F	0.22%	0.11%	0.11%
HD	A	0.89%	0.72%	0.72%
HES	B	0.08%	0.07%	0.07%
HIG	B	0.18%	0.06%	0.06%
HII	D	0.03%	0.01%	0.01%
HLT	A	0.1%	0.11%	0.1%
HOLX	D	0.05%	0.03%	0.03%
HON	B	0.31%	0.27%	0.27%
HPE	B	0.21%	0.05%	0.05%
HPQ	B	0.18%	0.06%	0.06%
HRL	D	0.05%	0.02%	0.02%
HSIC	B	0.04%	0.02%	0.02%
HST	C	0.04%	0.02%	0.02%
HSY	F	0.06%	0.05%	0.05%
HUBB	B	0.03%	0.04%	0.03%
HUM	C	0.26%	0.06%	0.06%
HWM	A	0.05%	0.08%	0.05%
IBM	C	0.54%	0.35%	0.35%
IFF	D	0.07%	0.04%	0.04%
INTC	D	0.42%	0.19%	0.19%
INTU	C	0.19%	0.35%	0.19%
IP	B	0.14%	0.03%	0.03%
IPG	D	0.05%	0.02%	0.02%
IQV	D	0.07%	0.06%	0.06%
IR	B	0.06%	0.07%	0.06%
IRM	D	0.06%	0.06%	0.06%
ISRG	A	0.13%	0.34%	0.13%
IT	C	0.04%	0.07%	0.04%
ITW	B	0.14%	0.13%	0.13%
J	F	0.06%	0.03%	0.03%
JBHT	C	0.05%	0.03%	0.03%
JBL	B	0.11%	0.03%	0.03%
JCI	C	0.17%	0.1%	0.1%
JNJ	D	0.9%	0.66%	0.66%
JNPR	F	0.04%	0.02%	0.02%
K	A	0.08%	0.04%	0.04%
KDP	D	0.11%	0.07%	0.07%
KEYS	A	0.05%	0.05%	0.05%
KHC	F	0.22%	0.05%	0.05%
KLAC	D	0.1%	0.15%	0.1%
KMB	D	0.11%	0.08%	0.08%
KMI	A	0.28%	0.09%	0.09%
KMX	B	0.07%	0.02%	0.02%
KO	D	0.43%	0.44%	0.43%
KR	B	0.36%	0.07%	0.07%
LDOS	C	0.06%	0.05%	0.05%
LEN	D	0.2%	0.07%	0.07%
LH	C	0.1%	0.04%	0.04%
LHX	C	0.15%	0.09%	0.09%
LIN	D	0.39%	0.39%	0.39%
LKQ	D	0.05%	0.02%	0.02%
LLY	F	0.22%	1.14%	0.22%
LMT	D	0.47%	0.21%	0.21%
LOW	D	0.47%	0.28%	0.28%
LRCX	F	0.13%	0.17%	0.13%
LULU	C	0.05%	0.07%	0.05%
LUV	C	0.03%	0.03%	0.03%
LVS	C	0.06%	0.03%	0.03%
LYB	F	0.13%	0.04%	0.04%
LYV	A	0.05%	0.03%	0.03%
MA	C	0.45%	0.76%	0.45%
MAR	B	0.16%	0.12%	0.12%
MAS	D	0.04%	0.03%	0.03%
MCD	D	0.29%	0.38%	0.29%
MCHP	D	0.07%	0.06%	0.06%
MCK	B	0.63%	0.14%	0.14%
MCO	B	0.07%	0.13%	0.07%
MDLZ	F	0.22%	0.16%	0.16%
MDT	D	0.34%	0.2%	0.2%
META	D	2.2%	2.25%	2.2%
MGM	D	0.07%	0.02%	0.02%
MHK	D	0.05%	0.01%	0.01%
MKC	D	0.04%	0.03%	0.03%
MLM	B	0.05%	0.06%	0.05%
MMC	B	0.17%	0.2%	0.17%
MMM	D	0.27%	0.13%	0.13%
MNST	C	0.05%	0.07%	0.05%
MO	A	0.34%	0.17%	0.17%
MOH	F	0.07%	0.03%	0.03%
MOS	F	0.09%	0.01%	0.01%
MPC	D	0.65%	0.09%	0.09%
MRK	F	0.39%	0.44%	0.39%
MRNA	F	0.02%	0.03%	0.02%
MRO	B	0.14%	0.03%	0.03%
MSCI	C	0.04%	0.08%	0.04%
MSFT	F	2.68%	5.61%	2.68%
MSI	B	0.08%	0.15%	0.08%
MTD	D	0.03%	0.05%	0.03%
MU	D	0.17%	0.2%	0.17%
NCLH	B	0.05%	0.02%	0.02%
NDAQ	A	0.05%	0.06%	0.05%
NEM	D	0.13%	0.08%	0.08%
NFLX	A	0.35%	0.64%	0.35%
NKE	D	0.25%	0.16%	0.16%
NOC	D	0.21%	0.13%	0.13%
NOW	A	0.1%	0.38%	0.1%
NRG	B	0.07%	0.03%	0.03%
NSC	B	0.16%	0.11%	0.11%
NTAP	C	0.06%	0.04%	0.04%
NUE	C	0.21%	0.06%	0.06%
NVDA	C	0.97%	6.39%	0.97%
NVR	D	0.07%	0.05%	0.05%
NWSA	B	0.06%	0.02%	0.02%
ODFL	B	0.05%	0.07%	0.05%
OKE	A	0.18%	0.11%	0.11%
OMC	C	0.07%	0.04%	0.04%
ON	D	0.06%	0.05%	0.05%
ORCL	B	0.35%	0.54%	0.35%
ORLY	B	0.13%	0.13%	0.13%
OTIS	C	0.05%	0.07%	0.05%
OXY	D	0.28%	0.06%	0.06%
PANW	C	0.07%	0.23%	0.07%
PARA	C	0.1%	0.01%	0.01%
PAYX	C	0.06%	0.08%	0.06%
PCAR	B	0.17%	0.11%	0.11%
PEP	F	0.41%	0.4%	0.4%
PFE	D	0.61%	0.27%	0.27%
PG	A	0.75%	0.7%	0.7%
PGR	A	0.3%	0.27%	0.27%
PH	A	0.14%	0.16%	0.14%
PHM	D	0.1%	0.05%	0.05%
PKG	A	0.07%	0.04%	0.04%
PM	B	0.37%	0.35%	0.35%
POOL	C	0.03%	0.02%	0.02%
PPG	F	0.07%	0.05%	0.05%
PPL	B	0.1%	0.04%	0.04%
PSA	D	0.13%	0.09%	0.09%
PSX	C	0.46%	0.1%	0.1%
PWR	A	0.08%	0.09%	0.08%
PYPL	B	0.33%	0.16%	0.16%
QCOM	F	0.29%	0.32%	0.29%
QRVO	F	0.02%	0.01%	0.01%
RCL	A	0.11%	0.1%	0.1%
REGN	F	0.14%	0.15%	0.14%
RL	B	0.04%	0.01%	0.01%
RMD	C	0.04%	0.06%	0.04%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.07%	0.11%	0.07%
ROST	C	0.1%	0.08%	0.08%
RSG	A	0.08%	0.08%	0.08%
RTX	C	0.65%	0.29%	0.29%
SBAC	D	0.04%	0.04%	0.04%
SBUX	A	0.21%	0.2%	0.2%
SHW	A	0.13%	0.16%	0.13%
SJM	D	0.06%	0.02%	0.02%
SLB	C	0.18%	0.11%	0.11%
SNA	A	0.06%	0.03%	0.03%
SNPS	B	0.06%	0.15%	0.06%
STE	F	0.04%	0.04%	0.04%
STLD	B	0.13%	0.04%	0.04%
STX	D	0.04%	0.04%	0.04%
STZ	D	0.1%	0.07%	0.07%
SW	A	0.09%	0.04%	0.04%
SWK	D	0.07%	0.02%	0.02%
SWKS	F	0.05%	0.02%	0.02%
SYK	C	0.15%	0.24%	0.15%
SYY	B	0.18%	0.07%	0.07%
T	A	1.36%	0.29%	0.29%
TAP	C	0.09%	0.02%	0.02%
TDG	D	0.04%	0.13%	0.04%
TDY	B	0.05%	0.04%	0.04%
TER	D	0.02%	0.03%	0.02%
TGT	F	0.25%	0.13%	0.13%
TJX	A	0.28%	0.24%	0.24%
TMO	F	0.31%	0.37%	0.31%
TMUS	B	0.4%	0.21%	0.21%
TPR	B	0.06%	0.02%	0.02%
TRGP	B	0.14%	0.07%	0.07%
TROW	B	0.08%	0.05%	0.05%
TRV	B	0.28%	0.1%	0.1%
TSCO	D	0.06%	0.05%	0.05%
TSLA	B	0.7%	1.63%	0.7%
TSN	B	0.18%	0.03%	0.03%
TT	A	0.12%	0.17%	0.12%
TTWO	A	0.04%	0.05%	0.04%
TXN	C	0.26%	0.33%	0.26%
TXT	D	0.07%	0.03%	0.03%
UAL	A	0.08%	0.05%	0.05%
UBER	D	0.11%	0.27%	0.11%
UHS	D	0.07%	0.02%	0.02%
ULTA	F	0.05%	0.03%	0.03%
UNH	C	1.58%	0.99%	0.99%
UNP	C	0.25%	0.26%	0.25%
UPS	C	0.43%	0.17%	0.17%
URI	B	0.14%	0.1%	0.1%
V	A	0.74%	0.92%	0.74%
VLO	C	0.47%	0.08%	0.08%
VMC	B	0.06%	0.07%	0.06%
VRSK	A	0.08%	0.07%	0.07%
VRSN	F	0.03%	0.03%	0.03%
VRTX	F	0.11%	0.22%	0.11%
VST	B	0.18%	0.09%	0.09%
VTRS	A	0.15%	0.03%	0.03%
VZ	C	1.14%	0.31%	0.31%
WAB	B	0.07%	0.06%	0.06%
WBA	F	0.12%	0.01%	0.01%
WBD	C	0.28%	0.04%	0.04%
WDC	D	0.04%	0.04%	0.04%
WM	A	0.16%	0.14%	0.14%
WMT	A	1.3%	0.66%	0.66%
WRB	A	0.08%	0.03%	0.03%
WST	C	0.02%	0.04%	0.02%
WTW	B	0.1%	0.06%	0.06%
WY	D	0.06%	0.04%	0.04%
XEL	A	0.18%	0.07%	0.07%
XOM	B	2.41%	0.96%	0.96%
XYL	D	0.04%	0.05%	0.04%
YUM	B	0.03%	0.07%	0.03%
ZBH	C	0.07%	0.04%	0.04%
ZTS	D	0.09%	0.14%	0.09%

IUS Overweight 176 Positions Relative to QDPL

Symbol	Grade	Weight
LUMN	C	0.42%
LNG	B	0.25%
UNFI	A	0.12%
SNEX	B	0.12%
PFGC	B	0.12%
ACI	C	0.12%
RGA	A	0.11%
FLEX	A	0.11%
SNX	C	0.11%
X	C	0.1%
MKL	A	0.1%
USFD	A	0.1%
APP	B	0.1%
SQ	B	0.1%
ZIM	C	0.09%
MRVL	B	0.09%
OVV	B	0.09%
DINO	D	0.09%
MELI	D	0.09%
WKC	D	0.09%
R	B	0.08%
ARW	D	0.08%
DXC	B	0.08%
RS	B	0.08%
LAD	A	0.08%
BERY	B	0.07%
WHR	B	0.07%
WCN	A	0.07%
ORI	A	0.07%
TWLO	A	0.07%
DASH	A	0.07%
TOL	B	0.07%
OC	A	0.07%
THC	D	0.07%
TX	F	0.07%
CAR	C	0.07%
GPI	A	0.06%
WDAY	B	0.06%
SATS	D	0.06%
RNR	C	0.06%
DKS	C	0.06%
OMF	A	0.06%
LBRDK	C	0.06%
PBF	D	0.06%
LPLA	A	0.06%
JLL	D	0.06%
TMHC	B	0.05%
AR	B	0.05%
CSL	C	0.05%
BJ	A	0.05%
COHR	B	0.05%
LEA	D	0.05%
BFH	B	0.05%
KNX	B	0.05%
WSM	B	0.05%
M	D	0.05%
TDS	B	0.05%
SSNC	B	0.05%
CASY	A	0.05%
EME	C	0.05%
AN	C	0.05%
ARMK	B	0.05%
CPNG	D	0.05%
AFG	A	0.05%
VFC	C	0.05%
ZM	B	0.05%
CNX	A	0.05%
CLF	F	0.05%
ACM	A	0.05%
MUSA	A	0.05%
AVT	C	0.05%
WCC	B	0.05%
TPG	A	0.05%
KD	B	0.04%
KSS	F	0.04%
AMG	B	0.04%
NWL	B	0.04%
OLN	D	0.04%
MAN	D	0.04%
GPK	C	0.04%
PVH	C	0.04%
CIVI	D	0.04%
INGR	B	0.04%
RPM	A	0.04%
AGCO	D	0.04%
GT	C	0.04%
SCI	B	0.04%
RRX	B	0.04%
RH	B	0.04%
H	B	0.04%
AA	B	0.04%
UTHR	C	0.04%
PENN	C	0.04%
FAF	A	0.04%
CHRD	D	0.04%
KBH	D	0.04%
DOX	D	0.04%
HTZ	C	0.04%
THO	B	0.04%
NXST	C	0.04%
FLR	B	0.04%
ABG	B	0.04%
BURL	A	0.04%
CMC	B	0.04%
UGI	A	0.04%
BTU	B	0.04%
CCK	C	0.04%
BECN	B	0.04%
MTN	C	0.03%
DK	C	0.03%
SIG	B	0.03%
PII	D	0.03%
AVTR	F	0.03%
SAIC	F	0.03%
AAL	B	0.03%
WSC	D	0.03%
TNET	D	0.03%
VVV	F	0.03%
ARCH	B	0.03%
MTH	D	0.03%
HUN	F	0.03%
OSK	B	0.03%
GAP	C	0.03%
NFG	A	0.03%
HOG	D	0.03%
HRB	D	0.03%
DAR	C	0.03%
PR	B	0.03%
BCC	B	0.03%
BC	C	0.03%
RHI	B	0.03%
NU	C	0.03%
FBIN	D	0.03%
SKX	D	0.03%
GXO	B	0.03%
SM	B	0.03%
RRC	B	0.03%
MTDR	B	0.03%
CACI	D	0.03%
SNOW	C	0.03%
TW	A	0.03%
OGS	A	0.03%
BAH	F	0.03%
ALV	C	0.03%
MUR	D	0.03%
POST	C	0.03%
UFPI	B	0.03%
ILMN	D	0.03%
FTI	A	0.03%
TGNA	B	0.03%
ANDE	D	0.03%
JAZZ	B	0.03%
FYBR	D	0.03%
JHG	A	0.03%
WSO	A	0.03%
DAN	D	0.02%
ODP	F	0.02%
AAP	C	0.02%
XRX	F	0.02%
CPRI	F	0.02%
CNM	D	0.02%
PINS	D	0.02%
ELAN	D	0.02%
NSIT	F	0.02%
IAC	D	0.02%
WU	D	0.02%
ASO	F	0.02%
CVI	F	0.02%
AMR	C	0.02%
SON	D	0.02%
HP	B	0.02%
PRGO	B	0.02%
NOV	C	0.02%
ADNT	F	0.02%
AMKR	D	0.02%
ATKR	C	0.01%

IUS Underweight 130 Positions Relative to QDPL

Symbol	Grade	Weight
GOOG	C	-1.55%
JPM	A	-1.22%
BAC	A	-0.55%
WFC	A	-0.44%
GS	A	-0.33%
SPGI	C	-0.29%
MS	A	-0.29%
NEE	D	-0.27%
BLK	C	-0.25%
C	A	-0.23%
PLTR	B	-0.22%
SCHW	B	-0.21%
ADI	D	-0.19%
PLD	D	-0.19%
KKR	A	-0.18%
SO	D	-0.17%
ICE	C	-0.16%
AMT	D	-0.16%
GEV	B	-0.16%
PNC	B	-0.15%
DUK	C	-0.15%
WELL	A	-0.14%
CRWD	B	-0.14%
USB	A	-0.14%
CME	A	-0.14%
COF	B	-0.13%
AJG	B	-0.12%
WMB	A	-0.12%
TFC	A	-0.11%
DLR	B	-0.1%
SPG	B	-0.1%
FICO	B	-0.1%
AMP	A	-0.1%
AFL	B	-0.1%
NXPI	D	-0.1%
BK	A	-0.1%
SRE	A	-0.1%
MET	A	-0.09%
FIS	C	-0.09%
AIG	B	-0.09%
O	D	-0.09%
AEP	D	-0.09%
AXON	A	-0.08%
PEG	A	-0.08%
DFS	B	-0.08%
PRU	A	-0.08%
KVUE	A	-0.08%
CCI	D	-0.08%
PCG	A	-0.08%
D	C	-0.08%
ETR	B	-0.06%
EIX	B	-0.06%
FITB	A	-0.06%
VICI	C	-0.06%
AVB	B	-0.06%
EXR	D	-0.06%
IDXX	F	-0.06%
MTB	A	-0.06%
EQR	B	-0.05%
HBAN	A	-0.05%
SYF	B	-0.05%
AWK	D	-0.05%
VLTO	D	-0.05%
VTR	C	-0.05%
STT	A	-0.05%
MPWR	F	-0.05%
GPN	B	-0.05%
RJF	A	-0.05%
WEC	A	-0.05%
ZBRA	B	-0.04%
CFG	B	-0.04%
NTRS	A	-0.04%
ES	D	-0.04%
ATO	A	-0.04%
WAT	B	-0.04%
PTC	A	-0.04%
RF	A	-0.04%
AEE	A	-0.04%
TYL	B	-0.04%
ROL	B	-0.03%
EVRG	A	-0.03%
RVTY	F	-0.03%
DPZ	C	-0.03%
L	A	-0.03%
DOC	D	-0.03%
LNT	A	-0.03%
NI	A	-0.03%
KIM	A	-0.03%
ARE	D	-0.03%
IEX	B	-0.03%
PNR	A	-0.03%
KEY	B	-0.03%
TRMB	B	-0.03%
FDS	B	-0.03%
PFG	D	-0.03%
PODD	C	-0.03%
MAA	B	-0.03%
INVH	D	-0.03%
ESS	B	-0.03%
TFX	F	-0.02%
SOLV	C	-0.02%
MKTX	D	-0.02%
GL	B	-0.02%
ERIE	D	-0.02%
SMCI	F	-0.02%
PNW	B	-0.02%
CRL	C	-0.02%
CTLT	B	-0.02%
PAYC	B	-0.02%
GNRC	B	-0.02%
LW	C	-0.02%
BXP	D	-0.02%
TECH	D	-0.02%
REG	B	-0.02%
ALLE	D	-0.02%
DAY	B	-0.02%
JKHY	D	-0.02%
INCY	C	-0.02%
CPT	B	-0.02%
UDR	B	-0.02%
NDSN	B	-0.02%
EPAM	C	-0.02%
NWS	B	-0.01%
FOX	A	-0.01%
FMC	D	-0.01%
WYNN	D	-0.01%
MTCH	D	-0.01%
IVZ	B	-0.01%
ENPH	F	-0.01%
FRT	B	-0.01%