QARP vs. BTAL ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

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

$51.66

Average Daily Volume

19,348

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.56

Average Daily Volume

608,847

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	QARP	BTAL
30 Days	1.93%	-3.07%
60 Days	3.39%	2.14%
90 Days	5.27%	-0.71%
12 Months	25.77%	-2.40%

139 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in BTAL	Overlap
ABBV	C	0.02%	0.41%	0.02%
ACGL	B	0.28%	0.43%	0.28%
ACN	C	1.2%	0.42%	0.42%
ADP	B	0.21%	0.42%	0.21%
ALB	F	0.02%	-0.43%	-0.43%
ALGN	D	0.05%	-0.45%	-0.45%
ALSN	B	0.03%	0.4%	0.03%
AMCR	C	0.04%	0.41%	0.04%
AMD	D	0.08%	-0.42%	-0.42%
AMGN	B	0.03%	0.43%	0.03%
ANET	A	0.11%	-0.43%	-0.43%
AON	B	0.33%	0.42%	0.33%
AR	D	0.02%	-0.42%	-0.42%
ARMK	C	0.04%	0.45%	0.04%
AZO	D	0.36%	0.31%	0.31%
BBWI	F	0.02%	-0.39%	-0.39%
BKR	C	0.08%	0.4%	0.08%
BLD	D	0.05%	-0.43%	-0.43%
BLDR	C	0.17%	-0.45%	-0.45%
BMY	C	0.55%	0.43%	0.43%
BWA	D	0.06%	0.4%	0.06%
BX	B	0.05%	-0.46%	-0.46%
CBOE	C	0.08%	0.42%	0.08%
CBRE	A	0.09%	-0.44%	-0.44%
CCL	C	0.03%	-0.44%	-0.44%
CE	F	0.04%	-0.39%	-0.39%
CF	C	0.12%	0.4%	0.12%
CHE	C	0.04%	0.4%	0.04%
CHRW	A	0.06%	0.4%	0.06%
CI	C	0.64%	0.44%	0.44%
CINF	C	0.09%	0.42%	0.09%
CMG	C	0.1%	0.42%	0.1%
CNC	C	0.3%	0.4%	0.3%
CNM	F	0.04%	-0.34%	-0.34%
COIN	F	0.03%	-0.34%	-0.34%
CPB	B	0.03%	0.43%	0.03%
CSCO	B	1.77%	0.42%	0.42%
CSX	D	0.07%	0.42%	0.07%
CTSH	C	0.3%	0.42%	0.3%
DAL	C	0.16%	-0.47%	-0.47%
DBX	D	0.04%	0.42%	0.04%
DD	B	0.02%	0.42%	0.02%
DECK	D	0.12%	0.37%	0.12%
DGX	C	0.03%	0.42%	0.03%
DINO	F	0.02%	-0.4%	-0.4%
DKS	D	0.1%	-0.38%	-0.38%
DOX	C	0.07%	0.42%	0.07%
DRI	B	0.13%	0.43%	0.13%
DVN	D	0.18%	0.37%	0.18%
EG	C	0.06%	0.43%	0.06%
EL	F	0.03%	-0.39%	-0.39%
ELV	C	0.67%	0.44%	0.44%
EW	F	0.06%	-0.42%	-0.42%
EXP	B	0.05%	-0.47%	-0.47%
EXPE	C	0.13%	-0.41%	-0.41%
FANG	D	0.19%	0.37%	0.19%
FCN	C	0.03%	0.42%	0.03%
FCX	D	0.04%	-0.4%	-0.4%
FFIV	B	0.05%	0.45%	0.05%
FND	C	0.05%	-0.44%	-0.44%
FOXA	B	0.03%	0.4%	0.03%
FTNT	B	0.18%	0.42%	0.18%
G	C	0.03%	0.41%	0.03%
GILD	B	0.31%	0.45%	0.31%
GIS	B	0.11%	0.44%	0.11%
GLPI	C	0.03%	0.42%	0.03%
GPC	D	0.08%	0.4%	0.08%
HPQ	D	0.08%	0.39%	0.08%
HRB	C	0.09%	0.42%	0.09%
HUM	F	0.4%	0.38%	0.38%
INTC	F	0.07%	-0.44%	-0.44%
ITT	B	0.04%	-0.42%	-0.42%
J	C	0.04%	0.4%	0.04%
JHG	B	0.02%	-0.42%	-0.42%
JNJ	C	2.71%	0.43%	0.43%
JNPR	A	0.04%	0.41%	0.04%
KR	C	0.28%	0.44%	0.28%
LAMR	A	0.03%	-0.46%	-0.46%
LMT	B	0.81%	0.4%	0.4%
LNG	C	0.06%	0.42%	0.06%
LPLA	F	0.14%	0.37%	0.14%
LPX	B	0.03%	-0.43%	-0.43%
LRCX	F	0.46%	-0.38%	-0.38%
LULU	D	0.14%	0.4%	0.14%
LYV	B	0.07%	-0.45%	-0.45%
MCD	B	0.41%	0.41%	0.41%
MCK	F	1.01%	0.41%	0.41%
MGM	D	0.05%	-0.41%	-0.41%
MMC	C	0.61%	0.41%	0.41%
MOH	D	0.07%	0.43%	0.07%
MOS	F	0.04%	0.36%	0.04%
MRNA	F	0.1%	-0.37%	-0.37%
MSFT	C	2.12%	0.43%	0.43%
MSM	D	0.03%	0.41%	0.03%
MU	F	0.32%	-0.37%	-0.37%
MUSA	D	0.06%	0.43%	0.06%
NEU	D	0.02%	0.45%	0.02%
NVDA	D	0.14%	-0.38%	-0.38%
OC	D	0.11%	-0.38%	-0.38%
ON	F	0.05%	0.38%	0.05%
ORLY	D	0.37%	0.45%	0.37%
OXY	F	0.06%	0.37%	0.06%
PAYC	D	0.03%	0.44%	0.03%
PAYX	C	0.19%	0.43%	0.19%
PCAR	D	0.21%	0.42%	0.21%
PFE	C	0.59%	0.43%	0.43%
PFGC	B	0.07%	-0.43%	-0.43%
PGR	A	0.06%	0.43%	0.06%
PKG	B	0.05%	0.43%	0.05%
PWR	B	0.05%	-0.41%	-0.41%
PYPL	B	0.28%	-0.42%	-0.42%
RLI	B	0.02%	0.42%	0.02%
RNR	B	0.06%	0.45%	0.06%
SAIA	D	0.04%	-0.48%	-0.48%
SNA	C	0.1%	0.42%	0.1%
SSD	C	0.03%	-0.42%	-0.42%
T	C	0.72%	0.47%	0.47%
TER	D	0.04%	-0.39%	-0.39%
TGT	C	0.41%	-0.41%	-0.41%
THO	D	0.03%	-0.39%	-0.39%
TJX	C	0.85%	0.42%	0.42%
TOL	B	0.07%	-0.45%	-0.45%
TROW	D	0.23%	-0.41%	-0.41%
TSLA	C	0.58%	-0.45%	-0.45%
TT	A	0.07%	-0.44%	-0.44%
TXRH	C	0.05%	0.41%	0.05%
TXT	D	0.06%	0.41%	0.06%
UNH	C	2.48%	0.41%	0.41%
URI	B	0.2%	-0.44%	-0.44%
USFD	B	0.03%	-0.44%	-0.44%
UTHR	C	0.1%	0.41%	0.1%
VICI	C	0.08%	0.43%	0.08%
VRSN	D	0.06%	0.42%	0.06%
VST	A	0.12%	-0.44%	-0.44%
VZ	B	0.74%	0.45%	0.45%
WTW	C	0.03%	0.41%	0.03%
X	D	0.03%	0.4%	0.03%
XOM	D	3.11%	0.39%	0.39%
YUM	F	0.06%	0.41%	0.06%

QARP Overweight 205 Positions Relative to BTAL

Symbol	Grade	Weight
BRK.A	C	5.43%
AAPL	C	5.0%
META	A	4.8%
AMZN	C	3.6%
WMT	B	2.86%
COST	B	2.39%
GOOGL	D	2.12%
HD	A	1.94%
GOOG	D	1.92%
V	C	1.81%
MA	B	1.57%
PG	C	1.51%
CVX	D	1.39%
ADBE	F	1.05%
CMCSA	D	0.82%
AMAT	D	0.78%
COP	D	0.76%
LOW	A	0.76%
BKNG	B	0.65%
MO	C	0.65%
CAT	B	0.61%
PM	C	0.58%
SBUX	C	0.51%
EOG	D	0.47%
LEN	C	0.45%
UPS	F	0.42%
CAH	C	0.4%
MRK	D	0.4%
REGN	C	0.4%
TXN	C	0.38%
SYY	D	0.37%
DHI	C	0.37%
NUE	F	0.37%
PSA	B	0.35%
MCO	A	0.35%
FDX	F	0.34%
NKE	D	0.34%
ADM	D	0.32%
HCA	A	0.32%
ITW	C	0.31%
ROST	C	0.29%
MPC	D	0.28%
QCOM	F	0.27%
CL	C	0.26%
BBY	C	0.26%
DE	B	0.25%
GWW	A	0.24%
PHM	B	0.23%
CMI	C	0.23%
NVR	B	0.23%
ABT	C	0.23%
VRTX	D	0.22%
MSCI	C	0.22%
GM	B	0.21%
ABNB	D	0.21%
KVUE	C	0.21%
STLD	D	0.2%
SPG	A	0.2%
CVS	F	0.2%
KLAC	D	0.2%
EA	D	0.19%
FAST	C	0.19%
KMB	D	0.18%
VLO	F	0.18%
ISRG	C	0.17%
ODFL	D	0.17%
ULTA	D	0.16%
TSCO	C	0.16%
WSM	D	0.16%
GEHC	C	0.15%
RS	D	0.15%
SLB	F	0.14%
UNP	C	0.14%
GRMN	D	0.14%
MNST	D	0.14%
EXPD	C	0.14%
FCNCA	D	0.13%
GEV	B	0.13%
COF	A	0.13%
MTG	B	0.12%
KEYS	C	0.12%
CHTR	D	0.12%
EME	A	0.12%
CASY	D	0.12%
MMM	A	0.12%
PSX	D	0.12%
MAR	C	0.11%
LYB	F	0.11%
MRO	C	0.11%
SOLV	C	0.11%
MTD	D	0.11%
FDS	C	0.1%
CPNG	A	0.1%
SWKS	F	0.1%
LUV	C	0.1%
A	C	0.1%
BJ	D	0.1%
SYF	C	0.1%
CTRA	D	0.1%
HSY	D	0.1%
AMG	C	0.09%
ROK	F	0.09%
EBAY	B	0.09%
EVR	A	0.09%
ADI	C	0.09%
TPR	C	0.09%
SPGI	A	0.08%
CTAS	C	0.08%
MAS	B	0.08%
DOW	D	0.08%
WST	D	0.08%
WY	C	0.08%
GGG	C	0.07%
SKX	D	0.07%
CLX	C	0.07%
AOS	D	0.07%
WSO	C	0.07%
DLTR	F	0.07%
ATO	B	0.07%
ACI	F	0.06%
ADSK	C	0.06%
AGCO	D	0.06%
INCY	C	0.06%
UAL	C	0.06%
UHS	B	0.06%
HAL	F	0.06%
SEIC	C	0.06%
RHI	D	0.06%
POOL	D	0.06%
APTV	D	0.06%
K	A	0.06%
AYI	A	0.06%
CPRT	D	0.06%
NTAP	D	0.06%
FICO	B	0.06%
LEA	F	0.05%
CHRD	F	0.05%
RL	B	0.05%
CSL	B	0.05%
JBHT	D	0.05%
HOLX	C	0.05%
CLF	F	0.05%
JBL	D	0.05%
JKHY	C	0.05%
LSTR	F	0.05%
CHK	D	0.05%
MKTX	C	0.05%
ALK	C	0.04%
CNP	D	0.04%
LVS	D	0.04%
LECO	F	0.04%
EPAM	F	0.04%
NYT	C	0.04%
KNSL	C	0.04%
IP	C	0.04%
LLY	C	0.04%
ORCL	B	0.04%
TSN	D	0.04%
COKE	C	0.04%
GNTX	D	0.04%
DCI	D	0.04%
OTIS	C	0.04%
MCHP	D	0.04%
INGR	B	0.04%
BURL	C	0.04%
WAT	C	0.03%
PINC	D	0.03%
LKQ	F	0.03%
TTEK	C	0.03%
OLN	D	0.03%
OVV	F	0.03%
LOPE	D	0.03%
EXEL	C	0.03%
MHK	C	0.03%
KNX	D	0.03%
HII	D	0.03%
PVH	F	0.03%
GAP	F	0.03%
AAL	D	0.03%
SJM	C	0.03%
DPZ	D	0.03%
VVV	D	0.03%
PII	D	0.03%
HLI	A	0.03%
HST	C	0.03%
ROL	C	0.03%
TAP	D	0.03%
CROX	D	0.03%
MEDP	D	0.03%
WBD	D	0.03%
RPRX	D	0.03%
WYNN	D	0.03%
ACM	B	0.03%
CRUS	D	0.03%
OSK	D	0.03%
FIX	A	0.03%
CDNS	D	0.02%
BIIB	F	0.02%
MTZ	B	0.02%
FIVE	D	0.02%
CDW	D	0.02%
M	F	0.02%
CTVA	B	0.02%
APA	F	0.02%
IWB	A	0.0%

QARP Underweight 249 Positions Relative to BTAL

Symbol	Grade	Weight
SBRA	C	-0.47%
MKL	C	-0.47%
ERIE	B	-0.47%
TRV	B	-0.46%
WPC	C	-0.45%
MKC	C	-0.45%
NWL	D	-0.45%
WELL	C	-0.45%
ZI	D	-0.45%
MDU	B	-0.45%
IBM	A	-0.45%
ALL	B	-0.44%
PNW	B	-0.44%
PNM	B	-0.44%
ED	C	-0.44%
SAIC	C	-0.44%
REG	C	-0.44%
CACI	B	-0.44%
AVB	C	-0.44%
MSI	B	-0.44%
EQR	C	-0.44%
ELS	C	-0.44%
ROP	C	-0.44%
THG	C	-0.44%
XEL	B	-0.44%
HEI	A	-0.44%
UNM	B	-0.43%
VFC	C	-0.43%
TDY	C	-0.43%
AXS	B	-0.43%
HQY	C	-0.43%
GD	B	-0.43%
CHD	C	-0.43%
HIG	B	-0.43%
FLO	C	-0.43%
OHI	C	-0.43%
WEC	B	-0.43%
SIGI	D	-0.43%
CCK	A	-0.43%
DUK	B	-0.43%
LNT	B	-0.43%
AEE	A	-0.43%
WEN	D	-0.43%
OLLI	C	-0.43%
CMS	B	-0.43%
CB	B	-0.43%
CME	C	-0.43%
SFM	B	-0.43%
RGA	B	-0.43%
ADC	C	-0.43%
KO	B	-0.42%
KMI	A	-0.42%
RYAN	C	-0.42%
EDR	A	-0.42%
NEM	B	-0.42%
O	C	-0.42%
SLGN	B	-0.42%
GLW	B	-0.42%
WH	B	-0.42%
FOXF	D	-0.42%
VTRS	D	-0.42%
ORI	B	-0.42%
TGNA	C	-0.42%
IBKR	A	-0.42%
COLM	C	-0.42%
BRO	C	-0.42%
PCTY	C	-0.41%
BG	D	-0.41%
HON	D	-0.41%
MAN	C	-0.41%
L	D	-0.41%
MSA	D	-0.41%
RSG	D	-0.41%
CFLT	F	-0.41%
TMUS	C	-0.41%
ASGN	D	-0.41%
CHH	C	-0.41%
CLH	A	-0.41%
DLB	D	-0.41%
CACC	F	-0.41%
WM	D	-0.41%
KHC	C	-0.41%
NOC	A	-0.41%
WRB	C	-0.41%
RTX	C	-0.41%
TNET	F	-0.4%
BWXT	C	-0.4%
MSTR	D	-0.4%
AIZ	B	-0.4%
FMC	C	-0.4%
CW	A	-0.4%
AKAM	D	-0.4%
SNX	D	-0.39%
AVT	C	-0.39%
PAG	D	-0.39%
MTCH	C	-0.39%
JAZZ	D	-0.39%
ARW	C	-0.39%
BILL	D	-0.39%
MUR	F	-0.38%
ST	D	-0.38%
SRPT	D	-0.37%
KBR	D	-0.37%
WTM	D	-0.34%
BMRN	F	-0.32%
AGL	F	-0.32%
WOLF	F	--0.28%
BRZE	F	--0.32%
ELF	F	--0.32%
ALLY	D	--0.33%
CELH	F	--0.35%
MPWR	C	--0.35%
ARWR	F	--0.36%
DAR	F	--0.36%
SEDG	F	--0.36%
SMCI	F	--0.36%
RMBS	F	--0.37%
MTDR	F	--0.37%
RIVN	F	--0.38%
CHX	D	--0.38%
RIG	F	--0.38%
GNRC	D	--0.38%
POWI	F	--0.38%
ZS	F	--0.38%
KMX	D	--0.39%
CC	F	--0.39%
RUN	C	--0.39%
PEN	D	--0.39%
XPO	D	--0.39%
LNC	D	--0.39%
AMKR	F	--0.39%
ENPH	D	--0.39%
PINS	F	--0.39%
MKSI	F	--0.39%
CNXC	F	--0.39%
CAR	F	--0.39%
ZION	D	--0.4%
RGEN	F	--0.4%
WBA	F	--0.4%
ELAN	D	--0.4%
TXG	D	--0.4%
WMS	D	--0.4%
COHR	B	--0.4%
GTLS	F	--0.4%
NTLA	F	--0.4%
PTON	C	--0.41%
OZK	D	--0.41%
NET	D	--0.41%
USB	B	--0.41%
ILMN	C	--0.41%
COTY	F	--0.41%
GH	D	--0.41%
CVNA	B	--0.41%
RF	B	--0.41%
NRG	A	--0.41%
GME	D	--0.41%
PATH	D	--0.41%
F	F	--0.41%
PNFP	A	--0.41%
KSS	F	--0.41%
CFG	C	--0.41%
APG	D	--0.41%
SCHW	D	--0.42%
PLD	C	--0.42%
AVGO	C	--0.42%
WCC	D	--0.42%
EFX	C	--0.42%
RKT	C	--0.42%
OPEN	D	--0.42%
NVCR	D	--0.42%
SMG	C	--0.42%
RRC	D	--0.42%
UBER	C	--0.42%
AXTA	C	--0.42%
SNV	C	--0.42%
SQ	D	--0.42%
NVT	D	--0.42%
CRSP	F	--0.42%
LITE	B	--0.42%
UGI	C	--0.42%
SEE	D	--0.42%
JLL	B	--0.43%
AGNC	B	--0.43%
WAL	B	--0.43%
OWL	C	--0.43%
EQT	D	--0.43%
DAY	D	--0.43%
CWEN	B	--0.43%
FOUR	C	--0.43%
TTD	B	--0.43%
DASH	B	--0.43%
CG	D	--0.43%
SNAP	F	--0.43%
NTRS	B	--0.43%
TREX	F	--0.43%
ETN	C	--0.43%
CRWD	D	--0.43%
CSGP	D	--0.43%
CRL	F	--0.43%
AA	D	--0.43%
HHH	C	--0.43%
LYFT	D	--0.43%
AWK	C	--0.44%
NWE	B	--0.44%
RYN	C	--0.44%
TRU	B	--0.44%
D	B	--0.44%
RBLX	B	--0.44%
TFX	C	--0.44%
KKR	A	--0.44%
PENN	C	--0.44%
HOOD	C	--0.44%
CZR	C	--0.44%
SOFI	C	--0.44%
CMA	A	--0.44%
KRC	B	--0.44%
DELL	C	--0.44%
CEG	A	--0.44%
TOST	A	--0.45%
VEEV	C	--0.45%
CARR	B	--0.45%
SHW	B	--0.45%
NTRA	B	--0.45%
ROKU	C	--0.45%
RMD	C	--0.45%
MRVL	C	--0.45%
BLK	B	--0.45%
AES	C	--0.46%
VNO	B	--0.46%
BXP	B	--0.46%
Z	B	--0.46%
AXON	A	--0.46%
ARE	C	--0.46%
VRT	C	--0.46%
IDXX	D	--0.46%
DKNG	C	--0.46%
IOT	A	--0.47%
W	D	--0.47%
DUOL	A	--0.47%
TDOC	D	--0.48%
TPG	B	--0.48%
SHLS	D	--0.5%
PLTR	A	--0.5%
DNLI	C	--0.51%
PODD	B	--0.51%
RH	B	--0.52%
FYBR	C	--0.52%
MDB	D	--0.52%
AFRM	C	--0.57%