IVV vs. QUS ETF Comparison

Comparison of iShares Core S&P 500 ETF (IVV) to SPDR MSCI USA Quality Mix ETF (QUS)

IVV

iShares Core S&P 500 ETF

IVV Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500® (the "underlying index"), which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$575.69

Average Daily Volume

4,591,928

Number of Holdings ^*

502

* 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

$157.46

Average Daily Volume

17,326

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

Performance

Period	IVV	QUS
30 Days	4.30%	2.18%
60 Days	11.10%	9.14%
90 Days	3.62%	5.76%
12 Months	36.94%	33.62%

482 Overlapping Holdings

	Symbol	Grade	Weight in IVV	Weight in QUS	Overlap
	A	B	0.09%	0.13%	0.09%
	AAPL	C	7.11%	3.29%	3.29%
	ABBV	C	0.72%	0.59%	0.59%
	ABNB	D	0.11%	0.02%	0.02%
	ABT	C	0.41%	0.15%	0.15%
	ACGL	A	0.09%	0.42%	0.09%
	ACN	B	0.46%	1.18%	0.46%
	ADBE	F	0.46%	0.72%	0.46%
	ADI	B	0.23%	0.15%	0.15%
	ADM	F	0.06%	0.09%	0.06%
	ADP	A	0.24%	0.51%	0.24%
	ADSK	B	0.12%	0.14%	0.12%
	AEE	A	0.05%	0.11%	0.05%
	AEP	C	0.11%	0.2%	0.11%
	AES	C	0.03%	0.02%	0.02%
	AFL	A	0.12%	0.22%	0.12%
	AIG	C	0.1%	0.12%	0.1%
	AIZ	B	0.02%	0.11%	0.02%
	AJG	C	0.13%	0.45%	0.13%
	AKAM	D	0.03%	0.17%	0.03%
	ALB	D	0.02%	0.02%	0.02%
	ALGN	D	0.04%	0.01%	0.01%
	ALL	A	0.1%	0.06%	0.06%
	ALLE	A	0.03%	0.04%	0.03%
	AMAT	C	0.34%	0.57%	0.34%
	AMCR	C	0.03%	0.02%	0.02%
	AMD	C	0.53%	0.07%	0.07%
	AME	C	0.08%	0.02%	0.02%
	AMGN	D	0.36%	0.31%	0.31%
	AMP	A	0.1%	0.03%	0.03%
	AMT	D	0.22%	0.04%	0.04%
	AMZN	C	3.58%	0.63%	0.63%
	ANET	A	0.2%	0.4%	0.2%
	ANSS	D	0.06%	0.01%	0.01%
	AON	A	0.16%	0.19%	0.16%
	AOS	C	0.02%	0.03%	0.02%
	APA	F	0.02%	0.05%	0.02%
	APD	C	0.13%	0.04%	0.04%
	APH	D	0.16%	0.65%	0.16%
	APTV	D	0.04%	0.03%	0.03%
	ARE	D	0.04%	0.02%	0.02%
	ATO	A	0.04%	0.04%	0.04%
	AVB	C	0.07%	0.02%	0.02%
	AVGO	B	1.61%	0.6%	0.6%
	AVY	D	0.04%	0.01%	0.01%
	AWK	D	0.06%	0.02%	0.02%
	AXON	A	0.06%	0.0%	0.0%
	AXP	A	0.31%	0.1%	0.1%
	AZO	D	0.11%	0.37%	0.11%
	BA	F	0.19%	0.03%	0.03%
	BAC	B	0.55%	0.59%	0.55%
	BALL	C	0.04%	0.02%	0.02%
	BAX	D	0.04%	0.03%	0.03%
	BBY	C	0.04%	0.1%	0.04%
	BDX	C	0.14%	0.26%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BG	F	0.03%	0.05%	0.03%
	BIIB	F	0.06%	0.03%	0.03%
	BK	A	0.11%	0.08%	0.08%
	BKNG	B	0.28%	0.03%	0.03%
	BKR	B	0.08%	0.04%	0.04%
	BLDR	C	0.05%	0.09%	0.05%
	BLK	A	0.27%	0.42%	0.27%
	BMY	A	0.22%	0.33%	0.22%
	BR	B	0.05%	0.03%	0.03%
	BRK.A	B	1.73%	1.08%	1.08%
	BRO	A	0.05%	0.01%	0.01%
	BSX	A	0.26%	0.04%	0.04%
	BX	C	0.23%	0.04%	0.04%
	BXP	B	0.02%	0.01%	0.01%
	C	B	0.24%	0.41%	0.24%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.11%	0.06%
	CARR	A	0.14%	0.04%	0.04%
	CAT	A	0.39%	0.65%	0.39%
	CB	A	0.23%	0.67%	0.23%
	CBOE	B	0.05%	0.31%	0.05%
	CBRE	C	0.08%	0.05%	0.05%
	CCI	D	0.11%	0.03%	0.03%
	CCL	C	0.04%	0.01%	0.01%
	CDNS	D	0.15%	0.26%	0.15%
	CDW	D	0.06%	0.24%	0.06%
	CE	D	0.03%	0.02%	0.02%
	CEG	A	0.17%	0.04%	0.04%
	CF	A	0.03%	0.03%	0.03%
	CFG	C	0.04%	0.06%	0.04%
	CHD	D	0.05%	0.14%	0.05%
	CHRW	C	0.03%	0.02%	0.02%
	CHTR	D	0.07%	0.08%	0.07%
	CI	D	0.2%	0.26%	0.2%
	CINF	A	0.04%	0.03%	0.03%
	CL	D	0.17%	0.18%	0.17%
	CLX	C	0.04%	0.01%	0.01%
	CMCSA	B	0.33%	0.41%	0.33%
	CME	A	0.17%	0.23%	0.17%
	CMG	C	0.16%	0.22%	0.16%
	CMI	A	0.09%	0.15%	0.09%
	CMS	A	0.04%	0.09%	0.04%
	CNC	F	0.08%	0.11%	0.08%
	CNP	B	0.04%	0.02%	0.02%
	COF	A	0.12%	0.13%	0.12%
	COP	D	0.26%	0.17%	0.17%
	COR	F	0.08%	0.33%	0.08%
	COST	C	0.8%	1.28%	0.8%
	CPAY	A	0.05%	0.01%	0.01%
	CPB	D	0.02%	0.13%	0.02%
	CPRT	B	0.1%	0.13%	0.1%
	CPT	C	0.03%	0.01%	0.01%
	CRL	F	0.02%	0.01%	0.01%
	CRM	B	0.54%	0.1%	0.1%
	CRWD	D	0.13%	0.05%	0.05%
	CSCO	A	0.44%	1.24%	0.44%
	CSGP	F	0.06%	0.01%	0.01%
	CSX	D	0.14%	0.05%	0.05%
	CTAS	C	0.14%	0.22%	0.14%
	CTLT	A	0.02%	0.01%	0.01%
	CTRA	D	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.39%	0.08%
	CTVA	A	0.08%	0.17%	0.08%
	CVS	D	0.16%	0.34%	0.16%
	CVX	B	0.53%	0.51%	0.51%
	D	A	0.1%	0.14%	0.1%
	DAL	C	0.07%	0.01%	0.01%
	DAY	C	0.02%	0.0%	0.0%
	DD	C	0.08%	0.04%	0.04%
	DE	C	0.22%	0.11%	0.11%
	DECK	B	0.05%	0.08%	0.05%
	DELL	C	0.07%	0.05%	0.05%
	DFS	A	0.07%	0.06%	0.06%
	DG	F	0.04%	0.02%	0.02%
	DGX	D	0.04%	0.06%	0.04%
	DHI	C	0.12%	0.22%	0.12%
	DHR	D	0.36%	0.1%	0.1%
	DIS	D	0.35%	0.14%	0.14%
	DLR	C	0.1%	0.03%	0.03%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	C	0.03%	0.01%	0.01%
	DOV	C	0.05%	0.02%	0.02%
	DOW	B	0.08%	0.07%	0.07%
	DPZ	D	0.03%	0.07%	0.03%
	DRI	C	0.04%	0.02%	0.02%
	DTE	B	0.06%	0.1%	0.06%
	DUK	C	0.19%	0.63%	0.19%
	DVA	C	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	F	0.05%	0.0%	0.0%
	EA	D	0.07%	0.28%	0.07%
	EBAY	A	0.07%	0.02%	0.02%
	ECL	C	0.13%	0.03%	0.03%
	ED	C	0.08%	0.46%	0.08%
	EFX	D	0.07%	0.02%	0.02%
	EG	A	0.04%	0.19%	0.04%
	EIX	C	0.07%	0.05%	0.05%
	EL	D	0.05%	0.02%	0.02%
	ELV	F	0.25%	0.38%	0.25%
	EMN	C	0.03%	0.02%	0.02%
	EMR	B	0.13%	0.04%	0.04%
	ENPH	F	0.03%	0.05%	0.03%
	EOG	B	0.15%	0.15%	0.15%
	EPAM	F	0.02%	0.04%	0.02%
	EQIX	C	0.17%	0.02%	0.02%
	EQR	C	0.05%	0.02%	0.02%
	EQT	C	0.04%	0.02%	0.02%
	ERIE	A	0.03%	0.22%	0.03%
	ES	D	0.05%	0.03%	0.03%
	ESS	D	0.04%	0.01%	0.01%
	ETN	B	0.27%	0.05%	0.05%
	ETR	A	0.06%	0.04%	0.04%
	EVRG	C	0.03%	0.02%	0.02%
	EW	F	0.08%	0.12%	0.08%
	EXC	C	0.08%	0.06%	0.06%
	EXPD	D	0.04%	0.07%	0.04%
	EXPE	B	0.04%	0.01%	0.01%
	EXR	D	0.08%	0.03%	0.03%
	F	D	0.09%	0.16%	0.09%
	FANG	D	0.07%	0.22%	0.07%
	FAST	C	0.08%	0.14%	0.08%
	FCX	B	0.15%	0.05%	0.05%
	FDS	C	0.04%	0.05%	0.04%
	FDX	F	0.13%	0.11%	0.11%
	FE	C	0.05%	0.03%	0.03%
	FFIV	B	0.03%	0.21%	0.03%
	FI	A	0.22%	0.27%	0.22%
	FICO	C	0.1%	0.17%	0.1%
	FIS	A	0.09%	0.03%	0.03%
	FITB	C	0.06%	0.05%	0.05%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	C	0.05%	0.04%	0.04%
	FTNT	A	0.1%	0.01%	0.01%
	FTV	C	0.06%	0.02%	0.02%
	GD	C	0.16%	0.08%	0.08%
	GDDY	B	0.04%	0.28%	0.04%
	GE	B	0.42%	0.12%	0.12%
	GEHC	C	0.09%	0.03%	0.03%
	GEN	A	0.03%	0.12%	0.03%
	GEV	A	0.15%	0.04%	0.04%
	GILD	A	0.22%	0.41%	0.22%
	GIS	C	0.09%	0.3%	0.09%
	GLW	C	0.07%	0.14%	0.07%
	GM	D	0.1%	0.25%	0.1%
	GOOG	B	1.67%	1.09%	1.09%
	GOOGL	B	2.02%	1.18%	1.18%
	GPC	D	0.04%	0.02%	0.02%
	GPN	F	0.05%	0.03%	0.03%
	GRMN	D	0.05%	0.17%	0.05%
	GS	B	0.32%	0.25%	0.25%
	GWW	B	0.1%	0.17%	0.1%
	HAL	D	0.05%	0.03%	0.03%
	HBAN	B	0.04%	0.05%	0.04%
	HCA	C	0.16%	0.07%	0.07%
	HD	A	0.84%	0.35%	0.35%
	HES	D	0.08%	0.02%	0.02%
	HIG	A	0.07%	0.09%	0.07%
	HII	F	0.02%	0.01%	0.01%
	HLT	A	0.12%	0.01%	0.01%
	HOLX	D	0.04%	0.07%	0.04%
	HON	C	0.28%	0.48%	0.28%
	HPE	B	0.05%	0.06%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.02%	0.08%	0.02%
	HSIC	D	0.02%	0.01%	0.01%
	HST	D	0.03%	0.01%	0.01%
	HSY	D	0.06%	0.2%	0.06%
	HUBB	A	0.05%	0.07%	0.05%
	HUM	F	0.07%	0.2%	0.07%
	HWM	A	0.09%	0.01%	0.01%
	IBM	A	0.42%	0.73%	0.42%
	ICE	A	0.19%	0.15%	0.15%
	IDXX	D	0.08%	0.15%	0.08%
	IEX	D	0.03%	0.04%	0.03%
	IFF	D	0.05%	0.02%	0.02%
	INCY	B	0.02%	0.18%	0.02%
	INTC	D	0.2%	0.17%	0.17%
	INTU	F	0.35%	0.03%	0.03%
	INVH	D	0.04%	0.01%	0.01%
	IP	C	0.04%	0.03%	0.03%
	IPG	D	0.02%	0.02%	0.02%
	IQV	F	0.08%	0.02%	0.02%
	IR	A	0.08%	0.02%	0.02%
	IRM	B	0.07%	0.01%	0.01%
	ISRG	C	0.36%	0.03%	0.03%
	IT	A	0.08%	0.12%	0.08%
	ITW	C	0.15%	0.27%	0.15%
	J	F	0.03%	0.02%	0.02%
	JBHT	D	0.03%	0.05%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	C	0.11%	0.05%	0.05%
	JKHY	A	0.03%	0.04%	0.03%
	JNJ	D	0.81%	1.75%	0.81%
	JNPR	C	0.03%	0.18%	0.03%
	JPM	C	1.22%	0.91%	0.91%
	K	B	0.04%	0.29%	0.04%
	KDP	C	0.08%	0.28%	0.08%
	KEY	B	0.03%	0.04%	0.03%
	KEYS	B	0.06%	0.27%	0.06%
	KHC	F	0.06%	0.2%	0.06%
	KIM	C	0.03%	0.02%	0.02%
	KKR	A	0.18%	0.04%	0.04%
	KLAC	B	0.21%	0.36%	0.21%
	KMB	D	0.1%	0.1%	0.1%
	KMI	A	0.09%	0.06%	0.06%
	KMX	F	0.03%	0.03%	0.03%
	KO	C	0.58%	0.95%	0.58%
	KR	C	0.08%	0.31%	0.08%
	KVUE	C	0.09%	0.04%	0.04%
	L	C	0.03%	0.12%	0.03%
	LDOS	A	0.05%	0.02%	0.02%
	LEN	C	0.09%	0.07%	0.07%
	LHX	A	0.1%	0.04%	0.04%
	LIN	C	0.47%	0.17%	0.17%
	LKQ	F	0.02%	0.02%	0.02%
	LLY	D	1.44%	2.3%	1.44%
	LMT	A	0.27%	0.83%	0.27%
	LNT	B	0.03%	0.05%	0.03%
	LOW	C	0.32%	0.13%	0.13%
	LRCX	D	0.22%	0.35%	0.22%
	LULU	D	0.06%	0.1%	0.06%
	LUV	B	0.04%	0.01%	0.01%
	LVS	B	0.04%	0.01%	0.01%
	LW	D	0.02%	0.03%	0.02%
	LYB	B	0.05%	0.05%	0.05%
	LYV	A	0.04%	0.01%	0.01%
	MA	A	0.85%	1.62%	0.85%
	MAA	D	0.04%	0.01%	0.01%
	MAR	A	0.12%	0.02%	0.02%
	MAS	C	0.04%	0.01%	0.01%
	MCD	A	0.45%	0.52%	0.45%
	MCHP	F	0.09%	0.12%	0.09%
	MCK	F	0.13%	0.5%	0.13%
	MCO	D	0.15%	0.21%	0.15%
	MDLZ	D	0.2%	0.25%	0.2%
	MDT	C	0.24%	0.15%	0.15%
	MET	A	0.1%	0.09%	0.09%
	META	A	2.6%	2.43%	2.43%
	MGM	D	0.02%	0.01%	0.01%
	MKC	C	0.04%	0.01%	0.01%
	MKTX	B	0.02%	0.03%	0.02%
	MLM	F	0.07%	0.02%	0.02%
	MMC	D	0.23%	0.69%	0.23%
	MMM	C	0.16%	0.29%	0.16%
	MNST	D	0.08%	0.12%	0.08%
	MO	D	0.18%	0.06%	0.06%
	MOH	F	0.04%	0.15%	0.04%
	MOS	F	0.02%	0.03%	0.02%
	MPC	D	0.11%	0.34%	0.11%
	MPWR	B	0.09%	0.12%	0.09%
	MRK	F	0.6%	0.55%	0.55%
	MRNA	F	0.04%	0.02%	0.02%
	MRO	B	0.03%	0.04%	0.03%
	MS	A	0.27%	0.16%	0.16%
	MSCI	B	0.09%	0.01%	0.01%
	MSFT	D	6.47%	2.76%	2.76%
	MSI	A	0.15%	0.59%	0.15%
	MTB	A	0.06%	0.07%	0.06%
	MTCH	B	0.02%	0.01%	0.01%
	MTD	C	0.06%	0.01%	0.01%
	MU	D	0.23%	0.07%	0.07%
	NDAQ	C	0.06%	0.02%	0.02%
	NDSN	C	0.03%	0.01%	0.01%
	NEE	C	0.36%	0.11%	0.11%
	NEM	C	0.13%	0.25%	0.13%
	NFLX	A	0.63%	0.12%	0.12%
	NI	A	0.03%	0.02%	0.02%
	NKE	D	0.22%	0.33%	0.22%
	NOC	B	0.15%	0.61%	0.15%
	NOW	B	0.37%	0.23%	0.23%
	NRG	A	0.04%	0.03%	0.03%
	NSC	C	0.12%	0.05%	0.05%
	NTAP	D	0.05%	0.16%	0.05%
	NTRS	B	0.04%	0.03%	0.03%
	NUE	D	0.07%	0.08%	0.07%
	NVDA	B	5.95%	2.29%	2.29%
	NVR	C	0.06%	0.12%	0.06%
	NWSA	D	0.02%	0.01%	0.01%
	NXPI	F	0.12%	0.03%	0.03%
	O	C	0.11%	0.05%	0.05%
	ODFL	F	0.08%	0.12%	0.08%
	OKE	A	0.11%	0.05%	0.05%
	OMC	C	0.04%	0.07%	0.04%
	ON	F	0.06%	0.02%	0.02%
	ORCL	A	0.55%	0.49%	0.49%
	ORLY	A	0.14%	0.25%	0.14%
	OTIS	A	0.09%	0.04%	0.04%
	OXY	D	0.07%	0.11%	0.07%
	PANW	B	0.22%	0.27%	0.22%
	PARA	F	0.01%	0.03%	0.01%
	PAYC	D	0.02%	0.03%	0.02%
	PAYX	B	0.09%	0.16%	0.09%
	PCAR	D	0.11%	0.05%	0.05%
	PCG	C	0.09%	0.06%	0.06%
	PEG	A	0.09%	0.04%	0.04%
	PEP	F	0.49%	1.1%	0.49%
	PFE	D	0.34%	0.38%	0.34%
	PFG	A	0.04%	0.03%	0.03%
	PG	D	0.84%	0.61%	0.61%
	PGR	B	0.31%	0.65%	0.31%
	PH	A	0.17%	0.04%	0.04%
	PHM	C	0.06%	0.12%	0.06%
	PKG	B	0.04%	0.08%	0.04%
	PLD	D	0.24%	0.09%	0.09%
	PLTR	A	0.15%	0.0%	0.0%
	PM	D	0.39%	0.11%	0.11%
	PNC	C	0.15%	0.15%	0.15%
	PNR	C	0.03%	0.01%	0.01%
	PODD	C	0.03%	0.0%	0.0%
	POOL	D	0.03%	0.05%	0.03%
	PPG	D	0.06%	0.03%	0.03%
	PPL	C	0.05%	0.03%	0.03%
	PRU	B	0.09%	0.08%	0.08%
	PSA	C	0.12%	0.15%	0.12%
	PSX	D	0.12%	0.15%	0.12%
	PTC	B	0.04%	0.17%	0.04%
	PWR	A	0.09%	0.02%	0.02%
	PYPL	A	0.16%	0.07%	0.07%
	QCOM	D	0.38%	0.57%	0.38%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	B	0.08%	0.01%	0.01%
	REG	C	0.02%	0.01%	0.01%
	REGN	D	0.23%	0.36%	0.23%
	RF	B	0.04%	0.05%	0.04%
	RJF	B	0.05%	0.03%	0.03%
	RMD	C	0.07%	0.1%	0.07%
	ROK	D	0.06%	0.1%	0.06%
	ROL	C	0.03%	0.17%	0.03%
	ROP	D	0.12%	0.47%	0.12%
	ROST	D	0.1%	0.03%	0.03%
	RSG	D	0.08%	0.52%	0.08%
	RTX	A	0.34%	0.19%	0.19%
	RVTY	C	0.03%	0.02%	0.02%
	SBAC	C	0.05%	0.01%	0.01%
	SBUX	B	0.23%	0.06%	0.06%
	SCHW	D	0.2%	0.06%	0.06%
	SHW	C	0.18%	0.26%	0.18%
	SJM	D	0.03%	0.02%	0.02%
	SLB	D	0.13%	0.05%	0.05%
	SNA	C	0.03%	0.05%	0.03%
	SNPS	F	0.16%	0.26%	0.16%
	SO	A	0.21%	0.56%	0.21%
	SOLV	C	0.02%	0.06%	0.02%
	SPG	A	0.11%	0.03%	0.03%
	SPGI	C	0.34%	0.07%	0.07%
	SRE	C	0.11%	0.06%	0.06%
	STE	D	0.05%	0.01%	0.01%
	STLD	C	0.04%	0.04%	0.04%
	STT	A	0.05%	0.05%	0.05%
	STX	C	0.05%	0.07%	0.05%
	STZ	D	0.08%	0.02%	0.02%
	SW	C	0.05%	0.03%	0.03%
	SWK	C	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	A	0.04%	0.05%	0.04%
	SYK	C	0.25%	0.05%	0.05%
	SYY	D	0.08%	0.05%	0.05%
	T	B	0.33%	0.68%	0.33%
	TAP	D	0.02%	0.02%	0.02%
	TDG	A	0.17%	0.01%	0.01%
	TDY	A	0.04%	0.2%	0.04%
	TECH	D	0.03%	0.01%	0.01%
	TER	C	0.04%	0.06%	0.04%
	TFC	D	0.12%	0.14%	0.12%
	TFX	C	0.02%	0.01%	0.01%
	TGT	C	0.15%	0.1%	0.1%
	TJX	D	0.27%	0.55%	0.27%
	TMO	D	0.48%	0.13%	0.13%
	TMUS	A	0.21%	0.69%	0.21%
	TRGP	A	0.07%	0.02%	0.02%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	D	0.05%	0.09%	0.05%
	TRV	B	0.11%	0.43%	0.11%
	TSCO	A	0.07%	0.1%	0.07%
	TSLA	C	1.48%	0.22%	0.22%
	TSN	D	0.04%	0.28%	0.04%
	TT	A	0.18%	0.25%	0.18%
	TTWO	D	0.05%	0.01%	0.01%
	TXN	C	0.38%	1.07%	0.38%
	TXT	F	0.03%	0.02%	0.02%
	TYL	D	0.05%	0.01%	0.01%
	UBER	C	0.32%	0.18%	0.18%
	UDR	C	0.03%	0.01%	0.01%
	UHS	D	0.03%	0.02%	0.02%
	ULTA	D	0.04%	0.08%	0.04%
	UNH	B	1.11%	2.2%	1.11%
	UNP	F	0.31%	0.08%	0.08%
	UPS	D	0.2%	0.11%	0.11%
	URI	C	0.11%	0.04%	0.04%
	USB	C	0.14%	0.14%	0.14%
	V	B	0.96%	1.72%	0.96%
	VICI	C	0.07%	0.04%	0.04%
	VLO	F	0.09%	0.14%	0.09%
	VLTO	A	0.06%	0.09%	0.06%
	VMC	D	0.07%	0.02%	0.02%
	VRSK	D	0.08%	0.15%	0.08%
	VRSN	C	0.03%	0.23%	0.03%
	VRTX	D	0.25%	0.59%	0.25%
	VST	A	0.09%	0.02%	0.02%
	VTR	C	0.05%	0.02%	0.02%
	VTRS	D	0.03%	0.05%	0.03%
	VZ	C	0.39%	0.89%	0.39%
	WAB	A	0.07%	0.02%	0.02%
	WAT	B	0.04%	0.07%	0.04%
	WBA	F	0.01%	0.06%	0.01%
	WBD	F	0.04%	0.1%	0.04%
	WDC	C	0.05%	0.02%	0.02%
	WEC	B	0.06%	0.29%	0.06%
	WELL	C	0.15%	0.03%	0.03%
	WFC	B	0.39%	0.37%	0.37%
	WM	B	0.16%	0.5%	0.16%
	WMB	A	0.12%	0.12%	0.12%
	WMT	A	0.73%	0.92%	0.73%
	WRB	C	0.04%	0.12%	0.04%
	WST	D	0.04%	0.06%	0.04%
	WTW	C	0.06%	0.15%	0.06%
	WY	C	0.05%	0.03%	0.03%
	WYNN	B	0.02%	0.0%	0.0%
	XEL	C	0.08%	0.19%	0.08%
	XOM	A	1.1%	0.83%	0.83%
	XYL	C	0.07%	0.02%	0.02%
	YUM	C	0.08%	0.19%	0.08%
	ZBH	F	0.05%	0.02%	0.02%
	ZBRA	B	0.04%	0.01%	0.01%
	ZTS	C	0.18%	0.28%	0.18%

IVV Overweight 20 Positions Relative to QUS

	Symbol	Grade	Weight
	TEL	D	0.09%
	LH	D	0.04%
	UAL	A	0.04%
	SMCI	F	0.04%
	COO	C	0.04%
	RL	B	0.02%
	IVZ	A	0.02%
	BWA	C	0.02%
	FMC	C	0.02%
	MHK	C	0.02%
	FRT	D	0.02%
	NCLH	C	0.02%
	CZR	B	0.02%
	GL	C	0.02%
	GNRC	B	0.02%
	HAS	A	0.02%
	PNW	C	0.02%
	TPR	B	0.02%
	NWS	D	0.01%
	AMTM	D	0.01%

IVV Underweight 100 Positions Relative to QUS

	Symbol	Grade	Weight
	WCN	D	-0.52%
	FCNCA	D	-0.28%
	BAH	C	-0.22%
	AFG	A	-0.15%
	MKL	B	-0.14%
	WDAY	D	-0.14%
	NBIX	F	-0.11%
	UTHR	C	-0.1%
	ALNY	C	-0.09%
	BMRN	F	-0.09%
	MELI	D	-0.08%
	VEEV	C	-0.08%
	HUBS	D	-0.07%
	EME	B	-0.07%
	WSM	C	-0.07%
	MANH	A	-0.07%
	TW	A	-0.07%
	LPLA	D	-0.06%
	TPL	A	-0.06%
	GGG	C	-0.05%
	LNG	A	-0.05%
	CHK	C	-0.05%
	WSO	C	-0.05%
	KNX	D	-0.04%
	ALLY	F	-0.03%
	CNH	C	-0.03%
	SEIC	B	-0.03%
	ACI	F	-0.03%
	TTC	F	-0.03%
	OVV	D	-0.03%
	SSNC	C	-0.02%
	MRVL	C	-0.02%
	CCK	C	-0.02%
	EQH	B	-0.02%
	OC	C	-0.02%
	CRBG	B	-0.02%
	FNF	C	-0.02%
	SQ	D	-0.02%
	APO	A	-0.02%
	RS	D	-0.02%
	DINO	F	-0.02%
	RIVN	F	-0.01%
	Z	C	-0.01%
	VRT	B	-0.01%
	ENTG	D	-0.01%
	BBWI	F	-0.01%
	BIO	B	-0.01%
	APP	A	-0.01%
	LII	C	-0.01%
	COIN	F	-0.01%
	ARES	A	-0.01%
	ILMN	B	-0.01%
	DASH	A	-0.01%
	TWLO	B	-0.01%
	AMH	D	-0.01%
	UHAL	C	-0.01%
	RPRX	D	-0.01%
	WLK	C	-0.01%
	WTRG	D	-0.01%
	RPM	A	-0.01%
	GLPI	C	-0.01%
	CSL	A	-0.01%
	TRU	C	-0.01%
	FBIN	C	-0.01%
	ZM	B	-0.01%
	CG	B	-0.01%
	SUI	D	-0.01%
	ACM	A	-0.01%
	BURL	C	-0.01%
	AVTR	D	-0.01%
	WPC	C	-0.01%
	CHRD	F	-0.01%
	DKS	D	-0.01%
	CELH	F	-0.0%
	TEAM	D	-0.0%
	ZS	F	-0.0%
	IOT	C	-0.0%
	NET	D	-0.0%
	RBLX	D	-0.0%
	TOST	B	-0.0%
	MDB	D	-0.0%
	DKNG	C	-0.0%
	DDOG	B	-0.0%
	BSY	D	-0.0%
	MSTR	B	-0.0%
	PSTG	F	-0.0%
	SNAP	D	-0.0%
	DOCU	A	-0.0%
	H	B	-0.0%
	DT	B	-0.0%
	SNOW	F	-0.0%
	HEI	C	-0.0%
	ROKU	C	-0.0%
	HOOD	B	-0.0%
	PINS	D	-0.0%
	HEI	C	-0.0%
	ELS	D	-0.0%
	EXAS	C	-0.0%
	OKTA	F	-0.0%
	TTD	A	-0.0%

IVV: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Medical Instruments & Supplies Packaged Foods Medical Devices Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Semiconductors 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 Bank Medicine Semiconductor Banking Cloud Computing IBD 50 Insurance Products Mining