QARP vs. SPMV ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

$51.90

Average Daily Volume

19,310

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$46.81

Average Daily Volume

463

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QARP	SPMV
30 Days	2.69%	2.64%
60 Days	3.89%	5.65%
90 Days	5.41%	6.21%
12 Months	24.09%	25.68%

42 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in SPMV	Overlap
AAPL	C	5.0%	2.25%	2.25%
ABT	C	0.23%	2.28%	0.23%
ACGL	C	0.28%	0.79%	0.28%
ACN	C	1.2%	0.31%	0.31%
ADBE	F	1.05%	2.21%	1.05%
ADM	D	0.32%	1.19%	0.32%
AMGN	B	0.03%	0.66%	0.03%
AMZN	C	3.6%	2.79%	2.79%
AON	B	0.33%	1.93%	0.33%
BMY	C	0.55%	0.44%	0.44%
BRK.A	C	5.43%	3.14%	3.14%
CDNS	D	0.02%	0.05%	0.02%
CSCO	C	1.77%	0.57%	0.57%
EL	F	0.03%	0.38%	0.03%
ELV	C	0.67%	1.93%	0.67%
GIS	B	0.11%	1.85%	0.11%
GOOG	D	1.92%	0.47%	0.47%
HD	B	1.94%	2.45%	1.94%
HSY	C	0.1%	1.28%	0.1%
ISRG	B	0.17%	0.72%	0.17%
JNJ	C	2.71%	0.06%	0.06%
K	B	0.06%	0.27%	0.06%
LLY	C	0.04%	2.79%	0.04%
META	B	4.8%	0.65%	0.65%
MMC	C	0.61%	3.12%	0.61%
MRK	D	0.4%	2.06%	0.4%
MRNA	F	0.1%	0.5%	0.1%
MSFT	C	2.12%	2.78%	2.12%
MTD	D	0.11%	0.11%	0.11%
NVDA	D	0.14%	2.93%	0.14%
ORCL	C	0.04%	2.87%	0.04%
PFE	C	0.59%	1.95%	0.59%
PG	C	1.51%	3.04%	1.51%
PGR	B	0.06%	3.53%	0.06%
QCOM	D	0.27%	1.8%	0.27%
REGN	C	0.4%	1.0%	0.4%
ROL	C	0.03%	0.06%	0.03%
SJM	C	0.03%	0.31%	0.03%
T	C	0.72%	0.52%	0.52%
VRTX	D	0.22%	1.83%	0.22%
VZ	B	0.74%	2.11%	0.74%
XOM	C	3.11%	0.31%	0.31%

QARP Overweight 302 Positions Relative to SPMV

Symbol	Grade	Weight
WMT	C	2.86%
UNH	C	2.48%
COST	B	2.39%
GOOGL	D	2.12%
V	C	1.81%
MA	B	1.57%
CVX	D	1.39%
MCK	F	1.01%
TJX	B	0.85%
CMCSA	D	0.82%
LMT	C	0.81%
AMAT	D	0.78%
COP	D	0.76%
LOW	B	0.76%
BKNG	C	0.65%
MO	C	0.65%
CI	C	0.64%
CAT	B	0.61%
PM	C	0.58%
TSLA	C	0.58%
SBUX	C	0.51%
EOG	D	0.47%
LRCX	F	0.46%
LEN	B	0.45%
UPS	D	0.42%
MCD	B	0.41%
TGT	C	0.41%
CAH	C	0.4%
HUM	F	0.4%
TXN	C	0.38%
SYY	D	0.37%
ORLY	C	0.37%
DHI	B	0.37%
NUE	F	0.37%
AZO	D	0.36%
PSA	B	0.35%
MCO	B	0.35%
FDX	C	0.34%
NKE	D	0.34%
HCA	B	0.32%
MU	F	0.32%
ITW	C	0.31%
GILD	B	0.31%
CTSH	C	0.3%
CNC	D	0.3%
ROST	C	0.29%
MPC	F	0.28%
KR	C	0.28%
PYPL	B	0.28%
CL	D	0.26%
BBY	C	0.26%
DE	B	0.25%
GWW	B	0.24%
PHM	B	0.23%
CMI	C	0.23%
TROW	D	0.23%
NVR	B	0.23%
MSCI	C	0.22%
PCAR	D	0.21%
GM	C	0.21%
ABNB	D	0.21%
ADP	B	0.21%
KVUE	C	0.21%
STLD	F	0.2%
SPG	B	0.2%
CVS	D	0.2%
KLAC	D	0.2%
URI	B	0.2%
FANG	D	0.19%
EA	D	0.19%
FAST	C	0.19%
PAYX	C	0.19%
KMB	D	0.18%
FTNT	C	0.18%
DVN	F	0.18%
VLO	F	0.18%
BLDR	C	0.17%
ODFL	D	0.17%
ULTA	D	0.16%
DAL	C	0.16%
TSCO	C	0.16%
WSM	D	0.16%
GEHC	C	0.15%
RS	D	0.15%
LPLA	D	0.14%
SLB	F	0.14%
UNP	C	0.14%
GRMN	D	0.14%
LULU	D	0.14%
MNST	D	0.14%
EXPD	C	0.14%
DRI	B	0.13%
FCNCA	D	0.13%
GEV	B	0.13%
EXPE	C	0.13%
COF	B	0.13%
DECK	C	0.12%
MTG	B	0.12%
KEYS	C	0.12%
CHTR	D	0.12%
VST	C	0.12%
EME	B	0.12%
CF	C	0.12%
CASY	D	0.12%
MMM	B	0.12%
PSX	F	0.12%
MAR	C	0.11%
LYB	D	0.11%
MRO	C	0.11%
SOLV	C	0.11%
ANET	B	0.11%
OC	D	0.11%
FDS	C	0.1%
CPNG	B	0.1%
SWKS	D	0.1%
UTHR	C	0.1%
DKS	D	0.1%
LUV	C	0.1%
A	C	0.1%
SNA	C	0.1%
BJ	D	0.1%
CMG	C	0.1%
SYF	C	0.1%
CTRA	D	0.1%
AMG	C	0.09%
CBRE	A	0.09%
CINF	B	0.09%
ROK	D	0.09%
EBAY	B	0.09%
EVR	A	0.09%
HRB	C	0.09%
ADI	C	0.09%
TPR	C	0.09%
SPGI	B	0.08%
CTAS	B	0.08%
AMD	D	0.08%
HPQ	D	0.08%
MAS	B	0.08%
GPC	D	0.08%
BKR	C	0.08%
DOW	D	0.08%
CBOE	C	0.08%
WST	D	0.08%
WY	C	0.08%
VICI	C	0.08%
CSX	D	0.07%
GGG	C	0.07%
LYV	B	0.07%
INTC	F	0.07%
SKX	D	0.07%
TT	B	0.07%
CLX	C	0.07%
MOH	D	0.07%
DOX	C	0.07%
AOS	D	0.07%
WSO	C	0.07%
TOL	B	0.07%
PFGC	B	0.07%
DLTR	F	0.07%
ATO	B	0.07%
ACI	F	0.06%
MUSA	D	0.06%
YUM	D	0.06%
ADSK	C	0.06%
RNR	C	0.06%
AGCO	D	0.06%
INCY	C	0.06%
UAL	C	0.06%
UHS	B	0.06%
HAL	F	0.06%
EW	F	0.06%
CHRW	B	0.06%
EG	C	0.06%
BWA	D	0.06%
SEIC	C	0.06%
RHI	D	0.06%
POOL	C	0.06%
APTV	D	0.06%
OXY	F	0.06%
AYI	B	0.06%
CPRT	D	0.06%
VRSN	D	0.06%
TXT	D	0.06%
NTAP	D	0.06%
FICO	B	0.06%
LNG	C	0.06%
FND	C	0.05%
ON	D	0.05%
PWR	B	0.05%
LEA	F	0.05%
CHRD	F	0.05%
PKG	B	0.05%
RL	C	0.05%
CSL	B	0.05%
JBHT	D	0.05%
HOLX	B	0.05%
EXP	B	0.05%
CLF	F	0.05%
BX	B	0.05%
JBL	D	0.05%
TXRH	C	0.05%
BLD	D	0.05%
MGM	F	0.05%
JKHY	B	0.05%
LSTR	D	0.05%
FFIV	B	0.05%
ALGN	D	0.05%
CHK	D	0.05%
MKTX	C	0.05%
ALK	C	0.04%
CE	F	0.04%
FCX	D	0.04%
JNPR	B	0.04%
CNP	C	0.04%
TER	D	0.04%
LVS	D	0.04%
LECO	F	0.04%
CNM	F	0.04%
EPAM	F	0.04%
J	C	0.04%
NYT	C	0.04%
KNSL	C	0.04%
AMCR	B	0.04%
IP	B	0.04%
ARMK	B	0.04%
DBX	D	0.04%
SAIA	D	0.04%
CHE	C	0.04%
TSN	C	0.04%
COKE	C	0.04%
GNTX	F	0.04%
MOS	F	0.04%
DCI	C	0.04%
OTIS	C	0.04%
MCHP	F	0.04%
INGR	B	0.04%
BURL	B	0.04%
ITT	B	0.04%
WAT	C	0.03%
PINC	C	0.03%
G	C	0.03%
SSD	D	0.03%
LKQ	F	0.03%
CPB	C	0.03%
TTEK	C	0.03%
OLN	D	0.03%
OVV	F	0.03%
LOPE	D	0.03%
EXEL	C	0.03%
WTW	C	0.03%
MHK	C	0.03%
KNX	C	0.03%
THO	D	0.03%
MSM	D	0.03%
FOXA	B	0.03%
HII	D	0.03%
PVH	F	0.03%
GAP	F	0.03%
AAL	D	0.03%
DPZ	F	0.03%
DGX	B	0.03%
VVV	D	0.03%
X	F	0.03%
ALSN	B	0.03%
PII	D	0.03%
FCN	D	0.03%
HLI	B	0.03%
GLPI	C	0.03%
LAMR	B	0.03%
HST	C	0.03%
COIN	F	0.03%
TAP	D	0.03%
CROX	D	0.03%
CCL	C	0.03%
MEDP	F	0.03%
WBD	D	0.03%
PAYC	D	0.03%
RPRX	C	0.03%
WYNN	D	0.03%
ACM	B	0.03%
CRUS	D	0.03%
LPX	B	0.03%
OSK	F	0.03%
FIX	B	0.03%
USFD	B	0.03%
BBWI	F	0.02%
AR	F	0.02%
ALB	D	0.02%
JHG	B	0.02%
DINO	F	0.02%
BIIB	F	0.02%
MTZ	B	0.02%
FIVE	D	0.02%
NEU	D	0.02%
CDW	D	0.02%
M	F	0.02%
CTVA	B	0.02%
DD	B	0.02%
APA	F	0.02%
ABBV	C	0.02%
RLI	B	0.02%
IWB	B	0.0%

QARP Underweight 37 Positions Relative to SPMV

Symbol	Grade	Weight
NEE	C	-4.03%
CB	B	-2.94%
MDLZ	B	-2.91%
TMUS	C	-2.25%
AJG	D	-2.2%
AEP	C	-1.88%
INTU	C	-1.87%
CCI	C	-1.48%
SRE	C	-1.43%
CRM	D	-1.42%
ALL	B	-1.22%
CEG	C	-1.21%
NOW	B	-1.07%
SNPS	D	-1.04%
MKC	C	-0.91%
RSG	D	-0.83%
MDT	C	-0.83%
AVGO	C	-0.83%
AIG	D	-0.83%
WRB	C	-0.77%
RMD	C	-0.71%
IDXX	C	-0.71%
KHC	C	-0.56%
JPM	D	-0.54%
RTX	C	-0.46%
TFC	C	-0.43%
AES	C	-0.43%
TRV	C	-0.42%
D	C	-0.42%
HRL	C	-0.41%
ES	C	-0.29%
BDX	D	-0.14%
CAG	C	-0.13%
DUK	C	-0.1%
ZTS	C	-0.06%
PODD	B	-0.04%
XEL	B	-0.03%