QARP vs. SPY ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to SPDR S&P 500 (SPY)

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

SPY

SPDR S&P 500

SPY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$595.51

Average Daily Volume

43,227,909

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	QARP	SPY
30 Days	3.81%	3.03%
60 Days	3.83%	4.54%
90 Days	5.70%	6.26%
12 Months	26.96%	32.65%

250 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in SPY	Overlap
A	D	0.09%	0.08%	0.08%
AAPL	C	4.88%	6.89%	4.88%
ABBV	D	0.02%	0.6%	0.02%
ABNB	C	0.23%	0.12%	0.12%
ABT	B	0.22%	0.4%	0.22%
ACGL	D	0.24%	0.07%	0.07%
ACN	C	1.18%	0.45%	0.45%
ADBE	C	0.91%	0.47%	0.47%
ADI	D	0.08%	0.21%	0.08%
ADM	D	0.27%	0.05%	0.05%
ADP	B	0.21%	0.24%	0.21%
ADSK	A	0.06%	0.13%	0.06%
ALB	C	0.02%	0.02%	0.02%
ALGN	D	0.05%	0.03%	0.03%
AMAT	F	0.77%	0.31%	0.31%
AMCR	D	0.03%	0.03%	0.03%
AMD	F	0.07%	0.45%	0.07%
AMGN	D	0.03%	0.32%	0.03%
AMZN	C	3.99%	3.92%	3.92%
ANET	C	0.13%	0.2%	0.13%
AON	A	0.33%	0.16%	0.16%
AOS	F	0.06%	0.02%	0.02%
APA	D	0.02%	0.02%	0.02%
APTV	D	0.05%	0.03%	0.03%
ATO	A	0.07%	0.04%	0.04%
AZO	C	0.34%	0.11%	0.11%
BBY	D	0.23%	0.04%	0.04%
BIIB	F	0.02%	0.05%	0.02%
BKNG	A	0.8%	0.33%	0.33%
BKR	B	0.1%	0.09%	0.09%
BLDR	D	0.17%	0.04%	0.04%
BMY	B	0.62%	0.24%	0.24%
BRK.A	B	5.21%	1.7%	1.7%
BWA	D	0.06%	0.02%	0.02%
BX	A	0.06%	0.26%	0.06%
CAH	B	0.4%	0.06%	0.06%
CAT	B	0.67%	0.37%	0.37%
CBOE	B	0.07%	0.04%	0.04%
CBRE	B	0.09%	0.08%	0.08%
CCL	B	0.05%	0.05%	0.05%
CDNS	B	0.02%	0.16%	0.02%
CDW	F	0.02%	0.05%	0.02%
CE	F	0.02%	0.02%	0.02%
CF	B	0.13%	0.03%	0.03%
CHRW	C	0.06%	0.03%	0.03%
CHTR	C	0.14%	0.08%	0.08%
CI	F	0.55%	0.18%	0.18%
CINF	A	0.09%	0.05%	0.05%
CL	D	0.21%	0.15%	0.15%
CLX	B	0.06%	0.04%	0.04%
CMCSA	B	0.86%	0.33%	0.33%
CMG	B	0.11%	0.16%	0.11%
CMI	A	0.26%	0.1%	0.1%
CNC	D	0.23%	0.06%	0.06%
CNP	B	0.04%	0.04%	0.04%
COF	B	0.16%	0.14%	0.14%
COP	C	0.78%	0.26%	0.26%
COR	B	0.4%	0.08%	0.08%
COST	B	2.32%	0.81%	0.81%
CPB	D	0.02%	0.02%	0.02%
CPRT	A	0.07%	0.1%	0.07%
CSCO	B	1.97%	0.46%	0.46%
CSX	B	0.07%	0.14%	0.07%
CTAS	B	0.08%	0.15%	0.08%
CTRA	B	0.11%	0.04%	0.04%
CTSH	B	0.3%	0.08%	0.08%
CTVA	C	0.02%	0.08%	0.02%
CVS	D	0.18%	0.14%	0.14%
CVX	A	1.54%	0.55%	0.55%
DAL	C	0.22%	0.08%	0.08%
DD	D	0.02%	0.07%	0.02%
DE	A	0.24%	0.2%	0.2%
DECK	A	0.13%	0.05%	0.05%
DGX	A	0.03%	0.03%	0.03%
DHI	D	0.31%	0.1%	0.1%
DLTR	F	0.07%	0.03%	0.03%
DOW	F	0.07%	0.06%	0.06%
DPZ	C	0.03%	0.03%	0.03%
DRI	B	0.13%	0.04%	0.04%
DVN	F	0.17%	0.05%	0.05%
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%	0.03%	0.02%
ELV	F	0.47%	0.19%	0.19%
EOG	A	0.5%	0.15%	0.15%
EPAM	C	0.04%	0.03%	0.03%
EW	C	0.06%	0.08%	0.06%
EXPD	D	0.13%	0.03%	0.03%
EXPE	B	0.17%	0.05%	0.05%
FANG	D	0.19%	0.07%	0.07%
FAST	B	0.22%	0.09%	0.09%
FCX	D	0.04%	0.12%	0.04%
FDS	B	0.1%	0.04%	0.04%
FDX	B	0.33%	0.13%	0.13%
FFIV	B	0.06%	0.03%	0.03%
FICO	B	0.08%	0.11%	0.08%
FOXA	B	0.03%	0.02%	0.02%
FTNT	C	0.22%	0.12%	0.12%
GEHC	F	0.13%	0.08%	0.08%
GEV	B	0.2%	0.18%	0.18%
GILD	C	0.33%	0.23%	0.23%
GIS	D	0.09%	0.07%	0.07%
GM	B	0.25%	0.13%	0.13%
GOOG	C	2.14%	1.69%	1.69%
GOOGL	C	2.36%	2.04%	2.04%
GPC	D	0.07%	0.03%	0.03%
GRMN	B	0.16%	0.06%	0.06%
GWW	B	0.27%	0.1%	0.1%
HAL	C	0.06%	0.05%	0.05%
HCA	F	0.27%	0.13%	0.13%
HD	A	2.0%	0.8%	0.8%
HII	D	0.02%	0.02%	0.02%
HOLX	D	0.04%	0.04%	0.04%
HPQ	B	0.08%	0.07%	0.07%
HST	C	0.03%	0.02%	0.02%
HSY	F	0.09%	0.05%	0.05%
HUM	C	0.31%	0.07%	0.07%
INCY	C	0.07%	0.02%	0.02%
INTC	D	0.08%	0.21%	0.08%
IP	B	0.04%	0.04%	0.04%
ISRG	A	0.18%	0.38%	0.18%
ITW	B	0.31%	0.14%	0.14%
J	F	0.04%	0.04%	0.04%
JBHT	C	0.05%	0.03%	0.03%
JBL	B	0.06%	0.03%	0.03%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	2.32%	0.73%	0.73%
JNPR	F	0.04%	0.03%	0.03%
K	A	0.06%	0.04%	0.04%
KEYS	A	0.12%	0.05%	0.05%
KLAC	D	0.17%	0.17%	0.17%
KMB	D	0.15%	0.09%	0.09%
KR	B	0.3%	0.08%	0.08%
KVUE	A	0.21%	0.09%	0.09%
LEN	D	0.4%	0.08%	0.08%
LH	C	0.07%	0.04%	0.04%
LKQ	D	0.02%	0.02%	0.02%
LLY	F	0.03%	1.23%	0.03%
LMT	D	0.71%	0.23%	0.23%
LOW	D	0.78%	0.31%	0.31%
LRCX	F	0.45%	0.19%	0.19%
LULU	C	0.18%	0.08%	0.08%
LUV	C	0.11%	0.04%	0.04%
LVS	C	0.04%	0.03%	0.03%
LYB	F	0.09%	0.04%	0.04%
LYV	A	0.08%	0.04%	0.04%
MA	C	1.58%	0.85%	0.85%
MAR	B	0.12%	0.13%	0.12%
MAS	D	0.07%	0.03%	0.03%
MCD	D	0.39%	0.43%	0.39%
MCHP	D	0.04%	0.07%	0.04%
MCK	B	1.15%	0.16%	0.16%
MCO	B	0.33%	0.15%	0.15%
META	D	5.17%	2.5%	2.5%
MGM	D	0.05%	0.02%	0.02%
MHK	D	0.02%	0.01%	0.01%
MKTX	D	0.05%	0.02%	0.02%
MMC	B	0.55%	0.22%	0.22%
MMM	D	0.12%	0.14%	0.12%
MNST	C	0.15%	0.08%	0.08%
MO	A	0.63%	0.19%	0.19%
MOH	F	0.06%	0.04%	0.04%
MOS	F	0.04%	0.02%	0.02%
MPC	D	0.25%	0.11%	0.11%
MRK	F	0.32%	0.5%	0.32%
MRNA	F	0.05%	0.03%	0.03%
MRO	B	0.11%	0.03%	0.03%
MSCI	C	0.23%	0.09%	0.09%
MSFT	F	2.05%	6.3%	2.05%
MTD	D	0.09%	0.05%	0.05%
MU	D	0.35%	0.22%	0.22%
NKE	D	0.31%	0.18%	0.18%
NTAP	C	0.06%	0.05%	0.05%
NUE	C	0.37%	0.07%	0.07%
NVDA	C	0.18%	7.17%	0.18%
NVR	D	0.23%	0.06%	0.06%
ODFL	B	0.19%	0.08%	0.08%
ON	D	0.04%	0.06%	0.04%
ORCL	B	0.05%	0.59%	0.05%
ORLY	B	0.38%	0.14%	0.14%
OTIS	C	0.04%	0.08%	0.04%
OXY	D	0.06%	0.07%	0.06%
PAYC	B	0.04%	0.02%	0.02%
PAYX	C	0.2%	0.09%	0.09%
PCAR	B	0.24%	0.12%	0.12%
PFE	D	0.48%	0.29%	0.29%
PG	A	1.34%	0.78%	0.78%
PGR	A	0.06%	0.3%	0.06%
PHM	D	0.21%	0.05%	0.05%
PKG	A	0.06%	0.04%	0.04%
PM	B	0.55%	0.4%	0.4%
POOL	C	0.06%	0.03%	0.03%
PSA	D	0.31%	0.1%	0.1%
PSX	C	0.12%	0.11%	0.11%
PWR	A	0.06%	0.09%	0.06%
PYPL	B	0.34%	0.17%	0.17%
QCOM	F	0.26%	0.36%	0.26%
REGN	F	0.26%	0.16%	0.16%
RL	B	0.05%	0.02%	0.02%
ROK	B	0.09%	0.06%	0.06%
ROL	B	0.04%	0.03%	0.03%
ROST	C	0.25%	0.09%	0.09%
SBUX	A	0.52%	0.22%	0.22%
SJM	D	0.03%	0.02%	0.02%
SLB	C	0.14%	0.12%	0.12%
SNA	A	0.12%	0.04%	0.04%
SOLV	C	0.1%	0.02%	0.02%
SPG	B	0.2%	0.11%	0.11%
SPGI	C	0.07%	0.32%	0.07%
STLD	B	0.23%	0.04%	0.04%
SWKS	F	0.08%	0.03%	0.03%
SYF	B	0.14%	0.05%	0.05%
SYY	B	0.33%	0.07%	0.07%
T	A	0.69%	0.32%	0.32%
TAP	C	0.04%	0.02%	0.02%
TER	D	0.03%	0.03%	0.03%
TGT	F	0.4%	0.14%	0.14%
TJX	A	0.82%	0.27%	0.27%
TPR	B	0.12%	0.03%	0.03%
TROW	B	0.25%	0.05%	0.05%
TSCO	D	0.16%	0.06%	0.06%
TSLA	B	0.75%	1.72%	0.75%
TSN	B	0.04%	0.04%	0.04%
TT	A	0.08%	0.18%	0.08%
TXN	C	0.37%	0.37%	0.37%
TXT	D	0.06%	0.03%	0.03%
UAL	A	0.1%	0.06%	0.06%
UHS	D	0.05%	0.02%	0.02%
ULTA	F	0.15%	0.04%	0.04%
UNH	C	2.32%	1.09%	1.09%
UNP	C	0.12%	0.28%	0.12%
UPS	C	0.4%	0.19%	0.19%
URI	B	0.23%	0.11%	0.11%
V	A	1.84%	1.02%	1.02%
VICI	C	0.07%	0.07%	0.07%
VLO	C	0.18%	0.09%	0.09%
VRSN	F	0.06%	0.03%	0.03%
VRTX	F	0.21%	0.25%	0.21%
VST	B	0.2%	0.09%	0.09%
VZ	C	0.65%	0.34%	0.34%
WAT	B	0.03%	0.04%	0.03%
WBD	C	0.04%	0.04%	0.04%
WMT	A	2.88%	0.73%	0.73%
WST	C	0.09%	0.05%	0.05%
WTW	B	0.03%	0.06%	0.03%
WY	D	0.08%	0.04%	0.04%
WYNN	D	0.04%	0.02%	0.02%
XOM	B	3.19%	1.06%	1.06%
YUM	B	0.05%	0.08%	0.05%

QARP Overweight 95 Positions Relative to SPY

Symbol	Grade	Weight
LPLA	A	0.19%
RS	B	0.17%
EME	C	0.15%
WSM	B	0.15%
FCNCA	A	0.14%
OC	A	0.13%
CASY	A	0.12%
UTHR	C	0.11%
BJ	A	0.11%
MTG	C	0.11%
EVR	B	0.11%
CPNG	D	0.1%
AMG	B	0.09%
DKS	C	0.09%
WSO	A	0.08%
AYI	B	0.08%
HRB	D	0.08%
PFGC	B	0.08%
DOX	D	0.07%
GGG	B	0.07%
RHI	B	0.07%
SEIC	B	0.07%
LNG	B	0.07%
TOL	B	0.07%
AGCO	D	0.06%
EXP	A	0.06%
TXRH	C	0.06%
SKX	D	0.06%
INGR	B	0.05%
FIX	A	0.05%
BLD	D	0.05%
ITT	A	0.05%
CLF	F	0.05%
LSTR	D	0.05%
CSL	C	0.05%
SAIA	B	0.05%
COIN	C	0.05%
RNR	C	0.05%
MUSA	A	0.05%
ACI	C	0.05%
ACM	A	0.04%
AAL	B	0.04%
OSK	B	0.04%
USFD	A	0.04%
NYT	C	0.04%
KNSL	B	0.04%
CHE	D	0.04%
ARMK	B	0.04%
LPX	B	0.04%
CNM	D	0.04%
ALSN	B	0.04%
COKE	C	0.04%
LEA	D	0.04%
GNTX	C	0.04%
FND	C	0.04%
BURL	A	0.04%
LECO	B	0.04%
CHRD	D	0.04%
HLI	B	0.04%
DBX	B	0.04%
DCI	B	0.04%
ALK	C	0.04%
SSD	D	0.03%
CRUS	D	0.03%
PII	D	0.03%
OLN	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%
RPRX	D	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%
MEDP	D	0.03%
VVV	F	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%
FIVE	F	0.02%
TTEK	F	0.02%
M	D	0.02%
CROX	D	0.02%
IWB	A	0.0%

QARP Underweight 249 Positions Relative to SPY

Symbol	Grade	Weight
AVGO	D	-1.58%
JPM	A	-1.37%
NFLX	A	-0.71%
CRM	B	-0.64%
BAC	A	-0.62%
WFC	A	-0.49%
KO	D	-0.48%
PEP	F	-0.45%
NOW	A	-0.43%
LIN	D	-0.43%
TMO	F	-0.4%
INTU	C	-0.39%
DIS	B	-0.39%
IBM	C	-0.38%
GE	D	-0.38%
GS	A	-0.37%
MS	A	-0.33%
AXP	A	-0.32%
DHR	F	-0.31%
NEE	D	-0.31%
RTX	C	-0.31%
UBER	D	-0.3%
HON	B	-0.3%
ETN	A	-0.29%
BLK	C	-0.29%
BSX	B	-0.26%
C	A	-0.26%
SYK	C	-0.26%
PANW	C	-0.25%
PLTR	B	-0.24%
SCHW	B	-0.24%
FI	A	-0.24%
TMUS	B	-0.23%
MDT	D	-0.22%
PLD	D	-0.21%
CB	C	-0.21%
BA	F	-0.2%
KKR	A	-0.2%
SO	D	-0.19%
PH	A	-0.18%
ICE	C	-0.18%
SHW	A	-0.18%
AMT	D	-0.18%
SNPS	B	-0.17%
EQIX	A	-0.17%
DUK	C	-0.17%
APH	A	-0.17%
MDLZ	F	-0.17%
USB	A	-0.16%
ZTS	D	-0.16%
CRWD	B	-0.16%
CME	A	-0.16%
WM	A	-0.16%
MSI	B	-0.16%
PNC	B	-0.16%
EMR	A	-0.15%
GD	F	-0.15%
WELL	A	-0.15%
NOC	D	-0.14%
APD	A	-0.14%
CEG	D	-0.14%
TDG	D	-0.14%
CARR	D	-0.13%
OKE	A	-0.13%
AJG	B	-0.13%
BDX	F	-0.13%
WMB	A	-0.13%
TRV	B	-0.12%
NSC	B	-0.12%
ROP	B	-0.12%
HLT	A	-0.12%
TFC	A	-0.12%
ECL	D	-0.12%
DLR	B	-0.11%
AMP	A	-0.11%
RCL	A	-0.11%
AFL	B	-0.11%
JCI	C	-0.11%
NXPI	D	-0.11%
BK	A	-0.11%
SRE	A	-0.11%
FIS	C	-0.1%
MET	A	-0.1%
AIG	B	-0.1%
O	D	-0.1%
AEP	D	-0.1%
KMI	A	-0.1%
ALL	A	-0.1%
F	C	-0.09%
PEG	A	-0.09%
AXON	A	-0.09%
DFS	B	-0.09%
CCI	D	-0.09%
AME	A	-0.09%
PCG	A	-0.09%
PRU	A	-0.09%
HWM	A	-0.09%
NEM	D	-0.09%
LHX	C	-0.09%
D	C	-0.09%
STZ	D	-0.08%
EXC	C	-0.08%
XEL	A	-0.08%
DELL	C	-0.08%
HES	B	-0.08%
VRSK	A	-0.08%
IT	C	-0.08%
IR	B	-0.08%
TRGP	B	-0.08%
RSG	A	-0.08%
ED	D	-0.07%
IRM	D	-0.07%
RMD	C	-0.07%
HIG	B	-0.07%
WAB	B	-0.07%
EXR	D	-0.07%
IDXX	F	-0.07%
IQV	D	-0.07%
MTB	A	-0.07%
MLM	B	-0.07%
GLW	B	-0.07%
VMC	B	-0.07%
KDP	D	-0.07%
HPE	B	-0.06%
DOV	A	-0.06%
KHC	F	-0.06%
STT	A	-0.06%
MPWR	F	-0.06%
PPG	F	-0.06%
XYL	D	-0.06%
GPN	B	-0.06%
TTWO	A	-0.06%
RJF	A	-0.06%
ANSS	B	-0.06%
DXCM	D	-0.06%
WEC	A	-0.06%
CSGP	D	-0.06%
ETR	B	-0.06%
EIX	B	-0.06%
FITB	A	-0.06%
NDAQ	A	-0.06%
AVB	B	-0.06%
EFX	F	-0.06%
IFF	D	-0.05%
PTC	A	-0.05%
SBAC	D	-0.05%
HUBB	B	-0.05%
AEE	A	-0.05%
RF	A	-0.05%
PPL	B	-0.05%
DTE	C	-0.05%
SW	A	-0.05%
EQR	B	-0.05%
EQT	B	-0.05%
HBAN	A	-0.05%
VLTO	D	-0.05%
CPAY	A	-0.05%
AWK	D	-0.05%
BRO	B	-0.05%
GDDY	A	-0.05%
TYL	B	-0.05%
VTR	C	-0.05%
CHD	B	-0.05%
FTV	C	-0.05%
BR	A	-0.05%
KEY	B	-0.04%
WRB	A	-0.04%
PODD	C	-0.04%
MAA	B	-0.04%
PFG	D	-0.04%
BALL	D	-0.04%
MKC	D	-0.04%
NRG	B	-0.04%
INVH	D	-0.04%
ESS	B	-0.04%
CMS	C	-0.04%
ZBRA	B	-0.04%
STX	D	-0.04%
OMC	C	-0.04%
WDC	D	-0.04%
CFG	B	-0.04%
FSLR	F	-0.04%
FE	C	-0.04%
NTRS	A	-0.04%
STE	F	-0.04%
ES	D	-0.04%
ZBH	C	-0.04%
TDY	B	-0.04%
LDOS	C	-0.04%
CPT	B	-0.03%
CAG	D	-0.03%
SWK	D	-0.03%
UDR	B	-0.03%
AKAM	D	-0.03%
NDSN	B	-0.03%
RVTY	F	-0.03%
EVRG	A	-0.03%
DOC	D	-0.03%
VTRS	A	-0.03%
L	A	-0.03%
LNT	A	-0.03%
AVY	D	-0.03%
NI	A	-0.03%
BAX	D	-0.03%
GEN	B	-0.03%
KIM	A	-0.03%
ARE	D	-0.03%
DG	F	-0.03%
TRMB	B	-0.03%
IEX	B	-0.03%
PNR	A	-0.03%
IVZ	B	-0.02%
MTCH	D	-0.02%
HAS	D	-0.02%
CZR	F	-0.02%
HSIC	B	-0.02%
FRT	B	-0.02%
ENPH	F	-0.02%
HRL	D	-0.02%
TFX	F	-0.02%
SMCI	F	-0.02%
GL	B	-0.02%
AES	F	-0.02%
ERIE	D	-0.02%
CRL	C	-0.02%
PNW	B	-0.02%
CTLT	B	-0.02%
IPG	D	-0.02%
NWSA	B	-0.02%
AIZ	A	-0.02%
GNRC	B	-0.02%
TECH	D	-0.02%
BXP	D	-0.02%
LW	C	-0.02%
NCLH	B	-0.02%
EMN	D	-0.02%
REG	B	-0.02%
DAY	B	-0.02%
KMX	B	-0.02%
ALLE	D	-0.02%
BG	F	-0.02%
NWS	B	-0.01%
FOX	A	-0.01%
QRVO	F	-0.01%
WBA	F	-0.01%
BEN	C	-0.01%
PARA	C	-0.01%
FMC	D	-0.01%
DVA	B	-0.01%