QARP vs. MODL ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to VictoryShares WestEnd U.S. Sector ETF (MODL)

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

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

Performance

Period	QARP	MODL
30 Days	3.81%	2.91%
60 Days	3.83%	4.12%
90 Days	5.70%	5.95%
12 Months	26.96%	30.78%

164 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in MODL	Overlap
A	D	0.09%	0.13%	0.09%
AAPL	C	4.88%	4.85%	4.85%
ABBV	D	0.02%	1.05%	0.02%
ABNB	C	0.23%	0.11%	0.11%
ABT	B	0.22%	0.72%	0.22%
ACGL	D	0.24%	0.1%	0.1%
ACN	C	1.18%	0.31%	0.31%
ADBE	C	0.91%	0.42%	0.42%
ADI	D	0.08%	0.14%	0.08%
ADM	D	0.27%	0.1%	0.1%
ADSK	A	0.06%	0.11%	0.06%
ALGN	D	0.05%	0.06%	0.05%
AMAT	F	0.77%	0.2%	0.2%
AMD	F	0.07%	0.32%	0.07%
AMGN	D	0.03%	0.54%	0.03%
AMZN	C	3.99%	3.64%	3.64%
ANET	C	0.13%	0.13%	0.13%
AON	A	0.33%	0.23%	0.23%
APTV	D	0.05%	0.03%	0.03%
AZO	C	0.34%	0.1%	0.1%
BBY	D	0.23%	0.03%	0.03%
BIIB	F	0.02%	0.08%	0.02%
BKNG	A	0.8%	0.32%	0.32%
BMY	B	0.62%	0.41%	0.41%
BRK.A	B	5.21%	1.72%	1.72%
BRK.A	B	5.21%	0.65%	0.65%
BX	A	0.06%	0.76%	0.06%
CAH	B	0.4%	0.11%	0.11%
CBOE	B	0.07%	0.12%	0.07%
CCL	B	0.05%	0.05%	0.05%
CDNS	B	0.02%	0.15%	0.02%
CDW	F	0.02%	0.03%	0.02%
CHTR	C	0.14%	0.08%	0.08%
CI	F	0.55%	0.32%	0.32%
CINF	A	0.09%	0.07%	0.07%
CL	D	0.21%	0.28%	0.21%
CLX	B	0.06%	0.08%	0.06%
CMCSA	B	0.86%	0.34%	0.34%
CMG	B	0.11%	0.15%	0.11%
CNC	D	0.23%	0.11%	0.11%
COF	B	0.16%	0.19%	0.16%
COIN	C	0.05%	0.37%	0.05%
COR	B	0.4%	0.15%	0.15%
COST	B	2.32%	1.6%	1.6%
CSCO	B	1.97%	0.31%	0.31%
CTSH	B	0.3%	0.05%	0.05%
CVS	D	0.18%	0.24%	0.18%
DECK	A	0.13%	0.05%	0.05%
DGX	A	0.03%	0.07%	0.03%
DHI	D	0.31%	0.09%	0.09%
DLTR	F	0.07%	0.06%	0.06%
DPZ	C	0.03%	0.03%	0.03%
DRI	B	0.13%	0.04%	0.04%
EA	A	0.21%	0.08%	0.08%
EBAY	D	0.09%	0.06%	0.06%
EG	C	0.06%	0.03%	0.03%
EL	F	0.02%	0.06%	0.02%
ELV	F	0.47%	0.33%	0.33%
EW	C	0.06%	0.15%	0.06%
EXPE	B	0.17%	0.04%	0.04%
FCNCA	A	0.14%	0.06%	0.06%
FDS	B	0.1%	0.11%	0.1%
FICO	B	0.08%	0.1%	0.08%
FOXA	B	0.03%	0.02%	0.02%
FTNT	C	0.22%	0.1%	0.1%
GEHC	F	0.13%	0.13%	0.13%
GILD	C	0.33%	0.42%	0.33%
GIS	D	0.09%	0.12%	0.09%
GM	B	0.25%	0.12%	0.12%
GOOG	C	2.14%	1.97%	1.97%
GOOGL	C	2.36%	2.21%	2.21%
GPC	D	0.07%	0.03%	0.03%
GRMN	B	0.16%	0.06%	0.06%
HCA	F	0.27%	0.23%	0.23%
HD	A	2.0%	0.8%	0.8%
HOLX	D	0.04%	0.06%	0.04%
HPQ	B	0.08%	0.05%	0.05%
HSY	F	0.09%	0.09%	0.09%
HUM	C	0.31%	0.12%	0.12%
INCY	C	0.07%	0.05%	0.05%
INTC	D	0.08%	0.15%	0.08%
ISRG	A	0.18%	0.69%	0.18%
JBL	B	0.06%	0.02%	0.02%
JKHY	D	0.05%	0.04%	0.04%
JNJ	D	2.32%	1.33%	1.33%
K	A	0.06%	0.08%	0.06%
KEYS	A	0.12%	0.04%	0.04%
KLAC	D	0.17%	0.12%	0.12%
KMB	D	0.15%	0.17%	0.15%
KR	B	0.3%	0.14%	0.14%
KVUE	A	0.21%	0.16%	0.16%
LEN	D	0.4%	0.08%	0.08%
LEN	D	0.4%	0.0%	0.0%
LH	C	0.07%	0.07%	0.07%
LLY	F	0.03%	2.3%	0.03%
LOW	D	0.78%	0.3%	0.3%
LPLA	A	0.19%	0.13%	0.13%
LRCX	F	0.45%	0.13%	0.13%
LULU	C	0.18%	0.06%	0.06%
LVS	C	0.04%	0.04%	0.04%
LYV	A	0.08%	0.04%	0.04%
MA	C	1.58%	1.21%	1.21%
MAR	B	0.12%	0.13%	0.12%
MCD	D	0.39%	0.4%	0.39%
MCHP	D	0.04%	0.05%	0.04%
MCK	B	1.15%	0.32%	0.32%
MCO	B	0.33%	0.5%	0.33%
META	D	5.17%	2.64%	2.64%
MGM	D	0.05%	0.02%	0.02%
MMC	B	0.55%	0.31%	0.31%
MNST	C	0.15%	0.14%	0.14%
MO	A	0.63%	0.33%	0.33%
MOH	F	0.06%	0.06%	0.06%
MRK	F	0.32%	0.88%	0.32%
MRNA	F	0.05%	0.05%	0.05%
MSCI	C	0.23%	0.26%	0.23%
MSFT	F	2.05%	5.77%	2.05%
MTD	D	0.09%	0.09%	0.09%
MU	D	0.35%	0.15%	0.15%
NKE	D	0.31%	0.17%	0.17%
NTAP	C	0.06%	0.03%	0.03%
NVDA	C	0.18%	4.61%	0.18%
NVR	D	0.23%	0.05%	0.05%
ON	D	0.04%	0.04%	0.04%
ORCL	B	0.05%	0.53%	0.05%
ORLY	B	0.38%	0.13%	0.13%
PFE	D	0.48%	0.51%	0.48%
PG	A	1.34%	1.54%	1.34%
PGR	A	0.06%	0.42%	0.06%
PHM	D	0.21%	0.05%	0.05%
PM	B	0.55%	0.66%	0.55%
POOL	C	0.06%	0.03%	0.03%
PYPL	B	0.34%	0.24%	0.24%
QCOM	F	0.26%	0.25%	0.25%
REGN	F	0.26%	0.3%	0.26%
ROST	C	0.25%	0.09%	0.09%
RPRX	D	0.03%	0.04%	0.03%
SBUX	A	0.52%	0.21%	0.21%
SPGI	C	0.07%	0.93%	0.07%
SWKS	F	0.08%	0.02%	0.02%
SYF	B	0.14%	0.07%	0.07%
SYY	B	0.33%	0.13%	0.13%
T	A	0.69%	0.34%	0.34%
TER	D	0.03%	0.02%	0.02%
TGT	F	0.4%	0.27%	0.27%
TJX	A	0.82%	0.26%	0.26%
TROW	B	0.25%	0.15%	0.15%
TSCO	D	0.16%	0.06%	0.06%
TSLA	B	0.75%	1.86%	0.75%
TSN	B	0.04%	0.06%	0.04%
TXN	C	0.37%	0.26%	0.26%
ULTA	F	0.15%	0.03%	0.03%
UNH	C	2.32%	1.99%	1.99%
V	A	1.84%	1.47%	1.47%
VRSN	F	0.06%	0.02%	0.02%
VRTX	F	0.21%	0.44%	0.21%
VZ	C	0.65%	0.37%	0.37%
WAT	B	0.03%	0.08%	0.03%
WBD	C	0.04%	0.05%	0.04%
WMT	A	2.88%	1.32%	1.32%
WSM	B	0.15%	0.03%	0.03%
WST	C	0.09%	0.08%	0.08%
WTW	B	0.03%	0.09%	0.03%
YUM	B	0.05%	0.07%	0.05%

QARP Overweight 183 Positions Relative to MODL

Symbol	Grade	Weight
XOM	B	3.19%
CVX	A	1.54%
COP	C	0.78%
LMT	D	0.71%
CAT	B	0.67%
EOG	A	0.5%
UPS	C	0.4%
NUE	C	0.37%
FDX	B	0.33%
PSA	D	0.31%
ITW	B	0.31%
GWW	B	0.27%
CMI	A	0.26%
MPC	D	0.25%
PCAR	B	0.24%
DE	A	0.24%
URI	B	0.23%
STLD	B	0.23%
FAST	B	0.22%
DAL	C	0.22%
ADP	B	0.21%
GEV	B	0.2%
PAYX	C	0.2%
SPG	B	0.2%
VST	B	0.2%
FANG	D	0.19%
ODFL	B	0.19%
VLO	C	0.18%
RS	B	0.17%
DVN	F	0.17%
BLDR	D	0.17%
EME	C	0.15%
SLB	C	0.14%
CF	B	0.13%
OC	A	0.13%
EXPD	D	0.13%
MMM	D	0.12%
PSX	C	0.12%
UNP	C	0.12%
TPR	B	0.12%
SNA	A	0.12%
CASY	A	0.12%
UTHR	C	0.11%
LUV	C	0.11%
BJ	A	0.11%
MTG	C	0.11%
CTRA	B	0.11%
EVR	B	0.11%
MRO	B	0.11%
BKR	B	0.1%
CPNG	D	0.1%
SOLV	C	0.1%
UAL	A	0.1%
LYB	F	0.09%
AMG	B	0.09%
DKS	C	0.09%
ROK	B	0.09%
CBRE	B	0.09%
TT	A	0.08%
WSO	A	0.08%
AYI	B	0.08%
CTAS	B	0.08%
WY	D	0.08%
HRB	D	0.08%
PFGC	B	0.08%
CSX	B	0.07%
DOW	F	0.07%
DOX	D	0.07%
GGG	B	0.07%
CPRT	A	0.07%
RHI	B	0.07%
SEIC	B	0.07%
LNG	B	0.07%
VICI	C	0.07%
ATO	A	0.07%
TOL	B	0.07%
MAS	D	0.07%
AGCO	D	0.06%
EXP	A	0.06%
PKG	A	0.06%
PWR	A	0.06%
OXY	D	0.06%
TXRH	C	0.06%
FFIV	B	0.06%
SKX	D	0.06%
TXT	D	0.06%
HAL	C	0.06%
AOS	F	0.06%
CHRW	C	0.06%
BWA	D	0.06%
INGR	B	0.05%
FIX	A	0.05%
BLD	D	0.05%
JBHT	C	0.05%
ITT	A	0.05%
CLF	F	0.05%
LSTR	D	0.05%
UHS	D	0.05%
CSL	C	0.05%
SAIA	B	0.05%
MKTX	D	0.05%
RNR	C	0.05%
MUSA	A	0.05%
RL	B	0.05%
ACI	C	0.05%
JNPR	F	0.04%
TAP	C	0.04%
J	F	0.04%
ACM	A	0.04%
AAL	B	0.04%
OSK	B	0.04%
FCX	D	0.04%
USFD	A	0.04%
NYT	C	0.04%
KNSL	B	0.04%
CHE	D	0.04%
ROL	B	0.04%
ARMK	B	0.04%
CNP	B	0.04%
LPX	B	0.04%
WYNN	D	0.04%
CNM	D	0.04%
ALSN	B	0.04%
COKE	C	0.04%
LEA	D	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
FND	C	0.04%
BURL	A	0.04%
LECO	B	0.04%
EPAM	C	0.04%
CHRD	D	0.04%
MOS	F	0.04%
HLI	B	0.04%
DBX	B	0.04%
OTIS	C	0.04%
DCI	B	0.04%
IP	B	0.04%
ALK	C	0.04%
SSD	D	0.03%
CRUS	D	0.03%
PII	D	0.03%
OLN	D	0.03%
SJM	D	0.03%
MTZ	B	0.03%
FCN	D	0.03%
RLI	B	0.03%
PINC	B	0.03%
G	B	0.03%
GLPI	C	0.03%
KNX	B	0.03%
MSM	C	0.03%
THO	B	0.03%
OVV	B	0.03%
PVH	C	0.03%
LOPE	B	0.03%
GAP	C	0.03%
JHG	A	0.03%
LAMR	D	0.03%
HST	C	0.03%
MEDP	D	0.03%
VVV	F	0.03%
AMCR	D	0.03%
X	C	0.03%
EXEL	B	0.03%
DINO	D	0.02%
BBWI	D	0.02%
AR	B	0.02%
NEU	C	0.02%
HII	D	0.02%
CE	F	0.02%
CPB	D	0.02%
FIVE	F	0.02%
TTEK	F	0.02%
APA	D	0.02%
ALB	C	0.02%
CTVA	C	0.02%
LKQ	D	0.02%
DD	D	0.02%
M	D	0.02%
MHK	D	0.02%
CROX	D	0.02%
IWB	A	0.0%

QARP Underweight 152 Positions Relative to MODL

Symbol	Grade	Weight
JPM	A	-1.89%
AVGO	D	-1.06%
GS	A	-1.05%
BAC	A	-1.02%
MS	A	-0.94%
KO	D	-0.92%
BLK	C	-0.9%
NFLX	A	-0.77%
PEP	F	-0.76%
SCHW	B	-0.76%
TMO	F	-0.69%
WFC	A	-0.69%
KKR	A	-0.59%
AXP	A	-0.56%
CRM	B	-0.54%
DHR	F	-0.54%
ICE	C	-0.52%
SYK	C	-0.5%
CME	A	-0.48%
BSX	B	-0.48%
DIS	B	-0.43%
MDT	D	-0.4%
NOW	A	-0.37%
C	A	-0.37%
INTU	C	-0.35%
FI	A	-0.34%
CB	C	-0.33%
BK	A	-0.33%
AMP	A	-0.31%
ZTS	D	-0.29%
MDLZ	F	-0.27%
IBM	C	-0.26%
TMUS	B	-0.24%
PNC	B	-0.23%
USB	A	-0.22%
PANW	C	-0.22%
BDX	F	-0.22%
PLTR	B	-0.19%
ARES	A	-0.18%
AJG	B	-0.18%
APO	B	-0.18%
TRV	B	-0.17%
RJF	A	-0.17%
TFC	A	-0.17%
CRWD	B	-0.16%
AFL	B	-0.16%
STT	A	-0.16%
ALL	A	-0.15%
NDAQ	A	-0.15%
SNPS	B	-0.15%
MET	A	-0.14%
FIS	C	-0.14%
SQ	B	-0.14%
AIG	B	-0.14%
STZ	D	-0.14%
IDXX	F	-0.13%
HLT	A	-0.13%
PRU	A	-0.13%
RMD	C	-0.13%
KHC	F	-0.13%
MSTR	C	-0.12%
VEEV	C	-0.12%
APH	A	-0.12%
DFS	B	-0.12%
IQV	D	-0.12%
APP	B	-0.12%
NTRS	A	-0.12%
ALNY	D	-0.11%
MRVL	B	-0.11%
DXCM	D	-0.11%
ROP	B	-0.11%
KDP	D	-0.11%
MSI	B	-0.11%
TTD	B	-0.11%
HIG	B	-0.1%
MTB	A	-0.1%
WDAY	B	-0.1%
DASH	A	-0.1%
RCL	A	-0.1%
CHD	B	-0.1%
FITB	A	-0.09%
ILMN	D	-0.08%
GPN	B	-0.08%
F	C	-0.08%
ZBH	C	-0.08%
HUBS	A	-0.07%
RF	A	-0.07%
PODD	C	-0.07%
TTWO	A	-0.07%
DDOG	A	-0.07%
CPAY	A	-0.07%
DG	F	-0.07%
HBAN	A	-0.07%
STE	F	-0.07%
BRO	B	-0.07%
SNOW	C	-0.06%
CFG	B	-0.06%
PFG	D	-0.06%
ANSS	B	-0.06%
LW	C	-0.06%
BAX	D	-0.06%
MKL	A	-0.06%
VTRS	A	-0.06%
TEAM	A	-0.06%
MKC	D	-0.06%
TYL	B	-0.05%
AVTR	F	-0.05%
RVTY	F	-0.05%
GLW	B	-0.05%
WRB	A	-0.05%
DELL	C	-0.05%
IT	C	-0.05%
RBLX	C	-0.05%
BEN	C	-0.04%
GDDY	A	-0.04%
PINS	D	-0.04%
MPWR	F	-0.04%
HPE	B	-0.04%
DKNG	B	-0.04%
PTC	A	-0.04%
NET	B	-0.04%
OMC	C	-0.04%
BMRN	D	-0.04%
L	A	-0.04%
DT	C	-0.03%
ZBRA	B	-0.03%
FSLR	F	-0.03%
STX	D	-0.03%
MDB	C	-0.03%
HRL	D	-0.03%
TDY	B	-0.03%
WDC	D	-0.03%
ZS	C	-0.03%
ZM	B	-0.03%
OKTA	C	-0.02%
SMCI	F	-0.02%
AKAM	D	-0.02%
CELH	F	-0.02%
CRBG	B	-0.02%
PSTG	D	-0.02%
ENTG	D	-0.02%
IPG	D	-0.02%
GEN	B	-0.02%
WBA	F	-0.02%
TRMB	B	-0.02%
SNAP	C	-0.02%
MANH	D	-0.01%
NTNX	A	-0.01%
ENPH	F	-0.01%
FOX	A	-0.01%
BSY	D	-0.01%
IOT	A	-0.0%