QARP vs. BIV ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Vanguard Intermediate-Term Bond ETF (BIV)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.29

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$76.06

Average Daily Volume

1,217,456

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	QARP	BIV
30 Days	3.81%	-0.77%
60 Days	3.83%	-3.28%
90 Days	5.70%	-2.32%
12 Months	26.96%	6.35%

178 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in BIV	Overlap
A	D	0.09%	0.01%	0.01%
AAL	B	0.04%	0.01%	0.01%
AAPL	C	4.93%	0.01%	0.01%
ABBV	D	0.02%	0.05%	0.02%
ABT	B	0.22%	0.01%	0.01%
ACGL	D	0.23%	0.01%	0.01%
ADBE	C	0.87%	0.02%	0.02%
ADI	D	0.08%	0.02%	0.02%
ADM	D	0.27%	0.02%	0.02%
ADP	B	0.21%	0.02%	0.02%
ADSK	A	0.06%	0.01%	0.01%
AMAT	F	0.71%	0.01%	0.01%
AMCR	D	0.03%	0.01%	0.01%
AMG	B	0.09%	0.02%	0.02%
AMGN	D	0.03%	0.01%	0.01%
AMZN	C	3.85%	0.02%	0.02%
AON	A	0.34%	0.01%	0.01%
APTV	D	0.05%	0.01%	0.01%
ATO	A	0.08%	0.01%	0.01%
AYI	B	0.07%	0.01%	0.01%
AZO	C	0.33%	0.01%	0.01%
BBY	D	0.22%	0.01%	0.01%
BIIB	F	0.02%	0.04%	0.02%
BKNG	A	0.81%	0.01%	0.01%
BMY	B	0.62%	0.01%	0.01%
BWA	D	0.06%	0.03%	0.03%
CAH	B	0.4%	0.03%	0.03%
CAT	B	0.66%	0.01%	0.01%
CBOE	B	0.08%	0.01%	0.01%
CE	F	0.02%	0.01%	0.01%
CHRW	C	0.06%	0.02%	0.02%
CHTR	C	0.13%	0.02%	0.02%
CI	F	0.55%	0.01%	0.01%
CINF	A	0.09%	0.01%	0.01%
CLX	B	0.07%	0.01%	0.01%
CMCSA	B	0.86%	0.01%	0.01%
CMI	A	0.26%	0.01%	0.01%
CNP	B	0.04%	0.01%	0.01%
COF	B	0.16%	0.01%	0.01%
COP	C	0.78%	0.01%	0.01%
COST	B	2.35%	0.01%	0.01%
CPB	D	0.02%	0.02%	0.02%
CSL	C	0.05%	0.01%	0.01%
CSX	B	0.06%	0.01%	0.01%
CTAS	B	0.08%	0.02%	0.02%
CTVA	C	0.02%	0.01%	0.01%
CVS	D	0.19%	0.01%	0.01%
CVX	A	1.54%	0.01%	0.01%
DAL	C	0.22%	0.02%	0.02%
DD	D	0.02%	0.05%	0.02%
DE	A	0.25%	0.01%	0.01%
DGX	A	0.03%	0.01%	0.01%
DHI	D	0.31%	0.01%	0.01%
DLTR	F	0.07%	0.03%	0.03%
DOW	F	0.07%	0.01%	0.01%
DOX	D	0.07%	0.02%	0.02%
DRI	B	0.13%	0.01%	0.01%
DVN	F	0.16%	0.01%	0.01%
EA	A	0.21%	0.02%	0.02%
EBAY	D	0.09%	0.02%	0.02%
EL	F	0.02%	0.01%	0.01%
EOG	A	0.51%	0.02%	0.02%
EW	C	0.06%	0.01%	0.01%
EXPE	B	0.17%	0.02%	0.02%
FANG	D	0.19%	0.01%	0.01%
FDX	B	0.33%	0.01%	0.01%
FOXA	B	0.03%	0.02%	0.02%
FTNT	C	0.22%	0.01%	0.01%
GILD	C	0.32%	0.01%	0.01%
GIS	D	0.09%	0.01%	0.01%
GLPI	C	0.03%	0.01%	0.01%
GM	B	0.24%	0.01%	0.01%
GOOGL	C	2.38%	0.02%	0.02%
GPC	D	0.07%	0.01%	0.01%
HAL	C	0.06%	0.02%	0.02%
HCA	F	0.26%	0.02%	0.02%
HD	A	1.98%	0.01%	0.01%
HII	D	0.02%	0.01%	0.01%
HPQ	B	0.08%	0.02%	0.02%
HRB	D	0.08%	0.01%	0.01%
HST	C	0.03%	0.02%	0.02%
HSY	F	0.08%	0.01%	0.01%
HUM	C	0.32%	0.01%	0.01%
INGR	B	0.04%	0.01%	0.01%
INTC	D	0.08%	0.01%	0.01%
ITW	B	0.31%	0.01%	0.01%
JBL	B	0.06%	0.01%	0.01%
JNJ	D	2.35%	0.01%	0.01%
JNPR	F	0.03%	0.01%	0.01%
K	A	0.06%	0.01%	0.01%
KEYS	A	0.12%	0.01%	0.01%
KLAC	D	0.16%	0.02%	0.02%
KMB	D	0.16%	0.01%	0.01%
KR	B	0.29%	0.01%	0.01%
LEA	D	0.04%	0.01%	0.01%
LEN	D	0.4%	0.01%	0.01%
LH	C	0.07%	0.01%	0.01%
LLY	F	0.03%	0.01%	0.01%
LMT	D	0.71%	0.02%	0.02%
LOW	D	0.77%	0.01%	0.01%
LRCX	F	0.42%	0.02%	0.02%
LUV	C	0.1%	0.01%	0.01%
LVS	C	0.05%	0.02%	0.02%
LYB	F	0.09%	0.01%	0.01%
MA	C	1.57%	0.01%	0.01%
MAR	B	0.12%	0.01%	0.01%
MAS	D	0.07%	0.01%	0.01%
MCD	D	0.38%	0.02%	0.02%
MCO	B	0.33%	0.01%	0.01%
MHK	D	0.02%	0.01%	0.01%
MMC	B	0.56%	0.02%	0.02%
MMM	D	0.11%	0.01%	0.01%
MO	A	0.64%	0.01%	0.01%
MOS	F	0.04%	0.02%	0.02%
MPC	D	0.26%	0.01%	0.01%
MRK	F	0.32%	0.02%	0.02%
MRO	B	0.11%	0.02%	0.02%
MSFT	F	2.01%	0.1%	0.1%
MU	D	0.35%	0.02%	0.02%
NEU	C	0.02%	0.01%	0.01%
NKE	D	0.31%	0.01%	0.01%
NTAP	C	0.07%	0.01%	0.01%
NUE	C	0.37%	0.01%	0.01%
NVDA	C	0.18%	0.03%	0.03%
NVR	D	0.23%	0.01%	0.01%
OC	A	0.13%	0.01%	0.01%
ORCL	B	0.05%	0.01%	0.01%
ORLY	B	0.37%	0.01%	0.01%
OSK	B	0.04%	0.01%	0.01%
OTIS	C	0.04%	0.01%	0.01%
PFE	D	0.47%	0.01%	0.01%
PG	A	1.38%	0.01%	0.01%
PGR	A	0.06%	0.02%	0.02%
PHM	D	0.21%	0.01%	0.01%
PKG	A	0.06%	0.01%	0.01%
PM	B	0.56%	0.01%	0.01%
PSA	D	0.31%	0.01%	0.01%
PSX	C	0.12%	0.01%	0.01%
PWR	A	0.06%	0.01%	0.01%
PYPL	B	0.34%	0.02%	0.02%
QCOM	F	0.25%	0.02%	0.02%
REGN	F	0.25%	0.02%	0.02%
RL	B	0.05%	0.02%	0.02%
RNR	C	0.06%	0.01%	0.01%
ROK	B	0.09%	0.01%	0.01%
ROST	C	0.25%	0.01%	0.01%
RPRX	D	0.03%	0.01%	0.01%
RS	B	0.17%	0.01%	0.01%
SBUX	A	0.51%	0.01%	0.01%
SJM	D	0.03%	0.01%	0.01%
SLB	C	0.14%	0.03%	0.03%
SNA	A	0.12%	0.01%	0.01%
SPG	B	0.2%	0.01%	0.01%
SPGI	C	0.07%	0.01%	0.01%
STLD	B	0.25%	0.01%	0.01%
SWKS	F	0.08%	0.01%	0.01%
SYF	B	0.14%	0.02%	0.02%
SYY	B	0.33%	0.02%	0.02%
T	A	0.72%	0.01%	0.01%
TGT	F	0.32%	0.01%	0.01%
TJX	A	0.82%	0.01%	0.01%
TSCO	D	0.15%	0.01%	0.01%
TSN	B	0.04%	0.03%	0.03%
TT	A	0.08%	0.01%	0.01%
TXN	C	0.36%	0.01%	0.01%
TXT	D	0.06%	0.01%	0.01%
UAL	A	0.11%	0.01%	0.01%
UHS	D	0.05%	0.02%	0.02%
UNH	C	2.36%	0.01%	0.01%
UNP	C	0.12%	0.01%	0.01%
UPS	C	0.4%	0.01%	0.01%
V	A	1.84%	0.01%	0.01%
VLO	C	0.18%	0.01%	0.01%
VRSN	F	0.06%	0.02%	0.02%
VZ	C	0.67%	0.01%	0.01%
WMT	A	3.0%	0.01%	0.01%
WY	D	0.08%	0.02%	0.02%
XOM	B	3.2%	0.01%	0.01%

QARP Overweight 167 Positions Relative to BIV

Symbol	Grade	Weight
BRK.A	B	5.26%
META	D	5.09%
GOOG	C	2.15%
CSCO	B	1.97%
MCK	B	1.18%
ACN	C	1.17%
TSLA	B	0.83%
ELV	F	0.46%
COR	B	0.4%
CTSH	B	0.29%
GWW	B	0.28%
TROW	B	0.25%
CNC	D	0.24%
PCAR	B	0.23%
VST	B	0.23%
ABNB	C	0.23%
CL	D	0.22%
FAST	B	0.22%
MSCI	C	0.22%
URI	B	0.22%
GEV	B	0.21%
WSM	B	0.21%
KVUE	A	0.21%
LPLA	A	0.2%
VRTX	F	0.2%
PAYX	C	0.19%
ISRG	A	0.18%
ODFL	B	0.18%
LULU	C	0.17%
EME	C	0.16%
BLDR	D	0.16%
FCNCA	A	0.15%
GRMN	B	0.15%
ULTA	F	0.14%
GEHC	F	0.14%
MNST	C	0.14%
CASY	A	0.13%
DECK	A	0.13%
ANET	C	0.13%
EXPD	D	0.13%
CF	B	0.13%
CTRA	B	0.12%
TPR	B	0.12%
CMG	B	0.11%
BJ	A	0.11%
MTG	C	0.11%
EVR	B	0.11%
CPNG	D	0.1%
FDS	B	0.1%
UTHR	C	0.1%
BKR	B	0.1%
SOLV	C	0.1%
MTD	D	0.09%
LYV	A	0.09%
DKS	C	0.09%
CBRE	B	0.09%
VICI	C	0.08%
LNG	B	0.08%
FICO	B	0.08%
WSO	A	0.08%
WST	C	0.08%
PFGC	B	0.08%
CPRT	A	0.07%
GGG	B	0.07%
RHI	B	0.07%
SEIC	B	0.07%
AMD	F	0.07%
TOL	B	0.07%
ACI	C	0.06%
EXP	A	0.06%
AGCO	D	0.06%
EG	C	0.06%
TXRH	C	0.06%
SKX	D	0.06%
MOH	F	0.06%
OXY	D	0.06%
FFIV	B	0.06%
INCY	C	0.06%
COIN	C	0.06%
AOS	F	0.06%
POOL	C	0.06%
BX	A	0.06%
ALK	C	0.05%
BLD	D	0.05%
MRNA	F	0.05%
IP	B	0.05%
JKHY	D	0.05%
LSTR	D	0.05%
JBHT	C	0.05%
CCL	B	0.05%
ITT	A	0.05%
ALGN	D	0.05%
FIX	A	0.05%
SAIA	B	0.05%
CLF	F	0.05%
MGM	D	0.05%
MKTX	D	0.05%
YUM	B	0.05%
MUSA	A	0.05%
NYT	C	0.04%
MCHP	D	0.04%
X	C	0.04%
ACM	A	0.04%
CHE	D	0.04%
ROL	B	0.04%
FCX	D	0.04%
USFD	A	0.04%
KNSL	B	0.04%
LPX	B	0.04%
ARMK	B	0.04%
WYNN	D	0.04%
ALSN	B	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
COKE	C	0.04%
EPAM	C	0.04%
LECO	B	0.04%
CNM	D	0.04%
BURL	A	0.04%
FND	C	0.04%
CHRD	D	0.04%
DBX	B	0.04%
ON	D	0.04%
DCI	B	0.04%
WBD	C	0.04%
HOLX	D	0.04%
HLI	B	0.04%
OLN	D	0.03%
WAT	B	0.03%
PINC	B	0.03%
MTZ	B	0.03%
FCN	D	0.03%
RLI	B	0.03%
G	B	0.03%
MSM	C	0.03%
WTW	B	0.03%
PVH	C	0.03%
KNX	B	0.03%
THO	B	0.03%
VVV	F	0.03%
TER	D	0.03%
GAP	C	0.03%
DPZ	C	0.03%
LOPE	B	0.03%
OVV	B	0.03%
JHG	A	0.03%
MEDP	D	0.03%
LAMR	D	0.03%
TAP	C	0.03%
J	F	0.03%
EXEL	B	0.03%
BBWI	D	0.02%
DINO	D	0.02%
CDW	F	0.02%
FIVE	F	0.02%
CDNS	B	0.02%
AR	B	0.02%
TTEK	F	0.02%
APA	D	0.02%
M	D	0.02%
LKQ	D	0.02%
CROX	D	0.02%
ALB	C	0.02%
SSD	D	0.02%
PII	D	0.02%
CRUS	D	0.02%
IWB	A	0.0%

QARP Underweight 306 Positions Relative to BIV

Symbol	Grade	Weight
WIT	A	-0.35%
DT	C	-0.11%
AXP	A	-0.05%
MS	A	-0.04%
WFC	A	-0.04%
TMUS	B	-0.04%
CB	C	-0.03%
KOF	F	-0.03%
RJF	A	-0.03%
BMO	A	-0.03%
ESGR	B	-0.03%
NOW	A	-0.03%
BABA	D	-0.03%
NI	A	-0.02%
INVH	D	-0.02%
BR	A	-0.02%
XRAY	F	-0.02%
QRVO	F	-0.02%
MET	A	-0.02%
LDOS	C	-0.02%
MTB	A	-0.02%
HIG	B	-0.02%
EFX	F	-0.02%
DXC	B	-0.02%
ETN	A	-0.02%
BC	C	-0.02%
CNO	A	-0.02%
ARCC	A	-0.02%
AAP	C	-0.02%
TEL	B	-0.02%
SYK	C	-0.02%
ZBH	C	-0.02%
TRMB	B	-0.02%
DOC	D	-0.02%
DLR	B	-0.02%
NEM	D	-0.02%
GSK	F	-0.02%
WAB	B	-0.02%
PH	A	-0.02%
GD	F	-0.02%
CRM	B	-0.02%
DFS	B	-0.02%
CAG	D	-0.02%
MPLX	A	-0.02%
VTRS	A	-0.02%
ET	A	-0.02%
BSX	B	-0.02%
NWG	C	-0.02%
CARR	D	-0.02%
NOC	D	-0.02%
GE	D	-0.02%
VOD	F	-0.02%
MUFG	B	-0.02%
WTFC	A	-0.01%
SKT	B	-0.01%
REXR	F	-0.01%
SAVE	D	-0.01%
GBDC	C	-0.01%
ALLE	D	-0.01%
AXS	A	-0.01%
AVT	C	-0.01%
CMA	A	-0.01%
CHD	B	-0.01%
CBT	C	-0.01%
THG	A	-0.01%
UNM	A	-0.01%
TME	D	-0.01%
NOV	C	-0.01%
NDAQ	A	-0.01%
OGS	A	-0.01%
IFF	D	-0.01%
L	A	-0.01%
JCI	C	-0.01%
KMT	B	-0.01%
KMPR	B	-0.01%
EPRT	B	-0.01%
VNO	B	-0.01%
WU	D	-0.01%
TKR	D	-0.01%
WLK	D	-0.01%
PNW	B	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
DOV	A	-0.01%
AFG	A	-0.01%
WBS	A	-0.01%
LII	A	-0.01%
OCSL	F	-0.01%
MDT	D	-0.01%
MCY	A	-0.01%
PDM	D	-0.01%
MP	B	-0.01%
KRG	B	-0.01%
EMN	D	-0.01%
FSK	A	-0.01%
LXP	D	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
BEN	C	-0.01%
BDN	C	-0.01%
AMH	D	-0.01%
WEC	A	-0.01%
WB	D	-0.01%
ZION	B	-0.01%
VRSK	A	-0.01%
VNT	B	-0.01%
WPC	D	-0.01%
R	B	-0.01%
SITC	D	-0.01%
RPM	A	-0.01%
PFG	D	-0.01%
SCS	C	-0.01%
SAFE	D	-0.01%
PPG	F	-0.01%
SON	D	-0.01%
SNX	C	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
FLO	D	-0.01%
ALL	A	-0.01%
BAX	D	-0.01%
AIZ	A	-0.01%
CME	A	-0.01%
AVB	B	-0.01%
AGR	B	-0.01%
AGO	B	-0.01%
AEE	A	-0.01%
ARW	D	-0.01%
ADC	B	-0.01%
BKU	A	-0.01%
AAT	B	-0.01%
OGE	B	-0.01%
NVT	B	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HP	B	-0.01%
INTU	C	-0.01%
HIW	D	-0.01%
JD	D	-0.01%
IEX	B	-0.01%
GXO	B	-0.01%
EPR	D	-0.01%
DHR	F	-0.01%
FRT	B	-0.01%
STE	F	-0.01%
WTRG	B	-0.01%
RYN	D	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
REG	B	-0.01%
PRE	D	-0.01%
NHI	D	-0.01%
MLM	B	-0.01%
LIN	D	-0.01%
CNH	C	-0.01%
BRO	B	-0.01%
BNS	A	-0.01%
BKH	A	-0.01%
BERY	B	-0.01%
CP	D	-0.01%
UDR	B	-0.01%
WBA	F	-0.01%
TD	F	-0.01%
SWX	B	-0.01%
VOYA	B	-0.01%
XYL	D	-0.01%
VMC	B	-0.01%
KEX	C	-0.01%
HUBB	B	-0.01%
HPP	F	-0.01%
ILMN	D	-0.01%
KSS	F	-0.01%
KRC	C	-0.01%
EIX	B	-0.01%
FAF	A	-0.01%
EXR	D	-0.01%
DSS	F	-0.01%
NFG	A	-0.01%
LEG	F	-0.01%
MRVL	B	-0.01%
NSC	B	-0.01%
KIM	A	-0.01%
MAA	B	-0.01%
LNT	A	-0.01%
OMC	C	-0.01%
LAZ	B	-0.01%
NTRS	A	-0.01%
HUN	F	-0.01%
IPG	D	-0.01%
HBAN	A	-0.01%
EMR	A	-0.01%
ED	D	-0.01%
CUBE	D	-0.01%
FLEX	A	-0.01%
FITB	A	-0.01%
AL	B	-0.01%
CMS	C	-0.01%
AVY	D	-0.01%
CFG	B	-0.01%
BIDU	F	-0.01%
APD	A	-0.01%
WELL	A	-0.01%
SUI	D	-0.01%
VFC	C	-0.01%
WM	A	-0.01%
ROP	B	-0.01%
SO	D	-0.01%
NNN	D	-0.01%
LNC	B	-0.01%
KEY	B	-0.01%
GL	B	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
H	B	-0.01%
ESS	B	-0.01%
ES	D	-0.01%
EQR	B	-0.01%
FNF	B	-0.01%
EVRG	A	-0.01%
ETR	B	-0.01%
CNA	B	-0.01%
AWK	D	-0.01%
BRX	A	-0.01%
AES	F	-0.01%
BG	F	-0.01%
AN	C	-0.01%
VTR	C	-0.01%
SWK	D	-0.01%
ZTS	D	-0.01%
RGA	A	-0.01%
AZN	D	-0.01%
AFL	B	-0.01%
AER	B	-0.01%
BLK	C	-0.01%
BK	A	-0.01%
BHF	B	-0.01%
APH	A	-0.01%
CCI	D	-0.01%
MSI	B	-0.01%
GPN	B	-0.01%
ICE	C	-0.01%
EQNR	D	-0.01%
EQIX	A	-0.01%
ECL	D	-0.01%
PAA	B	-0.01%
MKC	D	-0.01%
OHI	C	-0.01%
O	D	-0.01%
NXPI	D	-0.01%
HRL	D	-0.01%
TDY	B	-0.01%
STT	A	-0.01%
TMO	F	-0.01%
WEST	C	-0.01%
WHR	B	-0.01%
PLD	D	-0.01%
RSG	A	-0.01%
BXP	D	-0.01%
XEL	A	-0.01%
SRE	A	-0.01%
PRU	A	-0.01%
PEG	A	-0.01%
AEP	D	-0.01%
EQH	B	-0.01%
DTE	C	-0.01%
FIS	C	-0.01%
STZ	D	-0.01%
EPD	A	-0.01%
DG	F	-0.01%
DB	D	-0.01%
OKE	A	-0.01%
LHX	C	-0.01%
MDLZ	F	-0.01%
KDP	D	-0.01%
WMB	A	-0.01%
SHW	A	-0.01%
PEP	F	-0.01%
DUK	C	-0.01%
EXC	C	-0.01%
AMT	D	-0.01%
USB	A	-0.01%
HON	B	-0.01%
D	C	-0.01%
CPT	B	-0.01%
TFC	A	-0.01%
SCHW	B	-0.01%
ARE	D	-0.01%
HES	B	-0.01%
KO	D	-0.01%
PNC	B	-0.01%
DIS	B	-0.01%
AIG	B	-0.01%
KMI	A	-0.01%
BDX	F	-0.01%
DELL	C	-0.01%
NEE	D	-0.01%
RTX	C	-0.01%
IBM	C	-0.01%
PCG	A	-0.01%
AVGO	D	-0.01%
GS	A	-0.01%
JPM	A	-0.01%
HSBC	B	-0.01%
BA	F	-0.01%
C	A	-0.01%
BAC	A	-0.01%