QARP vs. SSO ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to ProShares Ultra S&P500 (SSO)

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

$52.28

Average Daily Volume

12,931

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$89.74

Average Daily Volume

2,750,077

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	QARP	SSO
30 Days	3.25%	8.11%
60 Days	9.83%	21.64%
90 Days	5.84%	4.87%
12 Months	29.11%	72.12%

249 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in SSO	Overlap
A	B	0.1%	0.06%	0.06%
AAPL	C	5.0%	4.68%	4.68%
ABBV	C	0.02%	0.46%	0.02%
ABNB	D	0.23%	0.07%	0.07%
ABT	C	0.22%	0.26%	0.22%
ACGL	A	0.28%	0.06%	0.06%
ACN	B	1.19%	0.29%	0.29%
ADBE	F	0.91%	0.3%	0.3%
ADI	B	0.09%	0.15%	0.09%
ADM	F	0.31%	0.04%	0.04%
ADP	A	0.2%	0.15%	0.15%
ADSK	B	0.06%	0.08%	0.06%
ALB	D	0.02%	0.01%	0.01%
ALGN	D	0.06%	0.02%	0.02%
AMAT	C	0.89%	0.22%	0.22%
AMCR	C	0.04%	0.02%	0.02%
AMD	C	0.09%	0.35%	0.09%
AMGN	D	0.03%	0.23%	0.03%
AMZN	C	3.71%	2.3%	2.3%
ANET	A	0.13%	0.13%	0.13%
AON	A	0.32%	0.1%	0.1%
AOS	C	0.08%	0.01%	0.01%
APA	F	0.02%	0.01%	0.01%
APTV	D	0.07%	0.03%	0.03%
ATO	A	0.07%	0.03%	0.03%
AZO	D	0.36%	0.07%	0.07%
BBWI	F	0.02%	0.01%	0.01%
BBY	C	0.26%	0.03%	0.03%
BIIB	F	0.02%	0.04%	0.02%
BKNG	B	0.71%	0.19%	0.19%
BKR	B	0.08%	0.05%	0.05%
BLDR	C	0.18%	0.03%	0.03%
BMY	A	0.55%	0.14%	0.14%
BRK.A	B	5.21%	1.11%	1.11%
BWA	C	0.07%	0.01%	0.01%
BX	C	0.05%	0.15%	0.05%
CAH	B	0.37%	0.04%	0.04%
CAT	A	0.69%	0.25%	0.25%
CBOE	B	0.08%	0.03%	0.03%
CBRE	C	0.09%	0.05%	0.05%
CCL	C	0.04%	0.02%	0.02%
CDNS	D	0.02%	0.1%	0.02%
CDW	D	0.02%	0.04%	0.02%
CE	D	0.04%	0.02%	0.02%
CF	A	0.13%	0.02%	0.02%
CHRW	C	0.06%	0.02%	0.02%
CHTR	D	0.11%	0.04%	0.04%
CI	D	0.6%	0.13%	0.13%
CINF	A	0.08%	0.03%	0.03%
CL	D	0.24%	0.11%	0.11%
CLX	C	0.06%	0.03%	0.03%
CMCSA	B	0.83%	0.21%	0.21%
CMG	C	0.11%	0.1%	0.1%
CMI	A	0.24%	0.06%	0.06%
CNC	F	0.3%	0.05%	0.05%
CNP	B	0.04%	0.03%	0.03%
COF	A	0.14%	0.08%	0.08%
COP	D	0.72%	0.16%	0.16%
COST	C	2.33%	0.52%	0.52%
CPB	D	0.02%	0.01%	0.01%
CPRT	B	0.06%	0.06%	0.06%
CSCO	A	1.85%	0.28%	0.28%
CSX	D	0.06%	0.09%	0.06%
CTAS	C	0.08%	0.09%	0.08%
CTRA	D	0.1%	0.02%	0.02%
CTSH	B	0.29%	0.05%	0.05%
CTVA	A	0.02%	0.05%	0.02%
CVS	D	0.2%	0.1%	0.1%
CVX	B	1.39%	0.33%	0.33%
DAL	C	0.18%	0.04%	0.04%
DD	C	0.03%	0.05%	0.03%
DE	C	0.26%	0.14%	0.14%
DECK	B	0.12%	0.03%	0.03%
DGX	D	0.03%	0.02%	0.02%
DHI	C	0.36%	0.07%	0.07%
DLTR	F	0.08%	0.02%	0.02%
DOW	B	0.08%	0.05%	0.05%
DPZ	D	0.03%	0.02%	0.02%
DRI	C	0.13%	0.03%	0.03%
DVN	F	0.16%	0.03%	0.03%
EA	D	0.19%	0.05%	0.05%
EBAY	A	0.09%	0.04%	0.04%
EG	A	0.06%	0.02%	0.02%
EL	D	0.04%	0.03%	0.03%
ELV	F	0.62%	0.16%	0.16%
EOG	B	0.46%	0.09%	0.09%
EPAM	F	0.04%	0.01%	0.01%
EW	F	0.06%	0.05%	0.05%
EXPD	D	0.15%	0.02%	0.02%
EXPE	B	0.14%	0.02%	0.02%
FANG	D	0.18%	0.04%	0.04%
FAST	C	0.19%	0.05%	0.05%
FCX	B	0.05%	0.09%	0.05%
FDS	C	0.1%	0.02%	0.02%
FDX	F	0.31%	0.08%	0.08%
FFIV	B	0.06%	0.02%	0.02%
FICO	C	0.06%	0.06%	0.06%
FOXA	B	0.03%	0.01%	0.01%
FTNT	A	0.18%	0.06%	0.06%
GEHC	C	0.15%	0.06%	0.06%
GEV	A	0.15%	0.09%	0.09%
GILD	A	0.31%	0.14%	0.14%
GIS	C	0.1%	0.05%	0.05%
GM	D	0.21%	0.07%	0.07%
GOOG	B	2.03%	1.06%	1.06%
GOOGL	B	2.25%	1.28%	1.28%
GPC	D	0.08%	0.03%	0.03%
GRMN	D	0.13%	0.04%	0.04%
GWW	B	0.25%	0.06%	0.06%
HAL	D	0.06%	0.03%	0.03%
HCA	C	0.32%	0.1%	0.1%
HD	A	2.01%	0.53%	0.53%
HII	F	0.03%	0.01%	0.01%
HOLX	D	0.05%	0.02%	0.02%
HPQ	B	0.08%	0.05%	0.05%
HST	D	0.03%	0.02%	0.02%
HSY	D	0.09%	0.04%	0.04%
HUM	F	0.35%	0.05%	0.05%
INCY	B	0.06%	0.01%	0.01%
INTC	D	0.08%	0.13%	0.08%
IP	C	0.04%	0.02%	0.02%
ISRG	C	0.16%	0.23%	0.16%
ITW	C	0.31%	0.09%	0.09%
J	F	0.04%	0.02%	0.02%
JBHT	D	0.05%	0.02%	0.02%
JBL	C	0.06%	0.02%	0.02%
JKHY	A	0.05%	0.02%	0.02%
JNJ	D	2.53%	0.51%	0.51%
JNPR	C	0.04%	0.02%	0.02%
K	B	0.06%	0.03%	0.03%
KEYS	B	0.12%	0.04%	0.04%
KLAC	B	0.22%	0.14%	0.14%
KMB	D	0.17%	0.06%	0.06%
KR	C	0.29%	0.05%	0.05%
KVUE	C	0.21%	0.06%	0.06%
LEN	C	0.44%	0.06%	0.06%
LKQ	F	0.03%	0.01%	0.01%
LLY	D	0.04%	0.92%	0.04%
LMT	A	0.79%	0.16%	0.16%
LOW	C	0.79%	0.2%	0.2%
LRCX	D	0.52%	0.14%	0.14%
LULU	D	0.15%	0.04%	0.04%
LUV	B	0.1%	0.02%	0.02%
LVS	B	0.05%	0.02%	0.02%
LYB	B	0.11%	0.03%	0.03%
LYV	A	0.07%	0.02%	0.02%
MA	A	1.53%	0.54%	0.54%
MAR	A	0.11%	0.08%	0.08%
MAS	C	0.08%	0.02%	0.02%
MCD	A	0.41%	0.29%	0.29%
MCHP	F	0.05%	0.06%	0.05%
MCK	F	0.93%	0.08%	0.08%
MCO	D	0.33%	0.1%	0.1%
META	A	5.23%	1.65%	1.65%
MGM	D	0.05%	0.01%	0.01%
MHK	C	0.03%	0.01%	0.01%
MKTX	B	0.05%	0.01%	0.01%
MMC	D	0.57%	0.14%	0.14%
MMM	C	0.13%	0.1%	0.1%
MNST	D	0.14%	0.05%	0.05%
MO	D	0.6%	0.11%	0.11%
MOH	F	0.07%	0.03%	0.03%
MOS	F	0.05%	0.01%	0.01%
MPC	D	0.27%	0.07%	0.07%
MRK	F	0.38%	0.38%	0.38%
MRNA	F	0.08%	0.03%	0.03%
MRO	B	0.1%	0.02%	0.02%
MSCI	B	0.22%	0.06%	0.06%
MSFT	D	2.13%	4.22%	2.13%
MTD	C	0.11%	0.04%	0.04%
MU	D	0.4%	0.15%	0.15%
NKE	D	0.38%	0.14%	0.14%
NTAP	D	0.07%	0.03%	0.03%
NUE	D	0.39%	0.05%	0.05%
NVDA	B	0.15%	3.94%	0.15%
NVR	C	0.24%	0.04%	0.04%
ODFL	F	0.17%	0.05%	0.05%
ON	F	0.05%	0.04%	0.04%
ORCL	A	0.04%	0.36%	0.04%
ORLY	A	0.37%	0.09%	0.09%
OTIS	A	0.05%	0.05%	0.05%
OXY	D	0.06%	0.05%	0.05%
PAYC	D	0.03%	0.01%	0.01%
PAYX	B	0.19%	0.06%	0.06%
PCAR	D	0.21%	0.07%	0.07%
PFE	D	0.55%	0.22%	0.22%
PG	D	1.43%	0.54%	0.54%
PGR	B	0.06%	0.2%	0.06%
PHM	C	0.23%	0.04%	0.04%
PKG	B	0.05%	0.03%	0.03%
PM	D	0.53%	0.25%	0.25%
POOL	D	0.06%	0.02%	0.02%
PSA	C	0.34%	0.08%	0.08%
PSX	D	0.12%	0.07%	0.07%
PWR	A	0.05%	0.06%	0.05%
PYPL	A	0.32%	0.11%	0.11%
QCOM	D	0.28%	0.25%	0.25%
REGN	D	0.36%	0.15%	0.15%
RL	B	0.05%	0.01%	0.01%
ROK	D	0.09%	0.04%	0.04%
ROL	C	0.03%	0.02%	0.02%
ROST	D	0.28%	0.07%	0.07%
SBUX	B	0.52%	0.15%	0.15%
SJM	D	0.03%	0.02%	0.02%
SLB	D	0.14%	0.08%	0.08%
SNA	C	0.1%	0.02%	0.02%
SOLV	C	0.11%	0.01%	0.01%
SPG	A	0.19%	0.07%	0.07%
SPGI	C	0.07%	0.22%	0.07%
STLD	C	0.22%	0.02%	0.02%
SWKS	F	0.1%	0.02%	0.02%
SYF	A	0.11%	0.03%	0.03%
SYY	D	0.35%	0.05%	0.05%
T	B	0.69%	0.21%	0.21%
TAP	D	0.03%	0.01%	0.01%
TER	C	0.04%	0.03%	0.03%
TGT	C	0.42%	0.1%	0.1%
TJX	D	0.83%	0.18%	0.18%
TPR	B	0.1%	0.01%	0.01%
TROW	D	0.23%	0.03%	0.03%
TSCO	A	0.17%	0.04%	0.04%
TSLA	C	0.63%	0.96%	0.63%
TSN	D	0.04%	0.02%	0.02%
TT	A	0.07%	0.12%	0.07%
TXN	C	0.39%	0.25%	0.25%
TXT	F	0.06%	0.02%	0.02%
UAL	A	0.07%	0.02%	0.02%
UHS	D	0.06%	0.02%	0.02%
ULTA	D	0.17%	0.02%	0.02%
UNH	B	2.31%	0.71%	0.71%
UNP	F	0.13%	0.2%	0.13%
UPS	D	0.42%	0.13%	0.13%
URI	C	0.22%	0.07%	0.07%
V	B	1.67%	0.61%	0.61%
VICI	C	0.08%	0.05%	0.05%
VLO	F	0.18%	0.06%	0.06%
VRSN	C	0.06%	0.02%	0.02%
VRTX	D	0.21%	0.16%	0.16%
VST	A	0.17%	0.05%	0.05%
VZ	C	0.73%	0.25%	0.25%
WAT	B	0.03%	0.03%	0.03%
WBD	F	0.04%	0.02%	0.02%
WMT	A	2.81%	0.46%	0.46%
WST	D	0.08%	0.03%	0.03%
WTW	C	0.03%	0.04%	0.03%
WY	C	0.09%	0.03%	0.03%
WYNN	B	0.04%	0.01%	0.01%
XOM	A	3.07%	0.69%	0.69%
YUM	C	0.06%	0.05%	0.05%

QARP Overweight 95 Positions Relative to SSO

Symbol	Grade	Weight
WSM	C	0.18%
RS	D	0.16%
LPLA	D	0.14%
FCNCA	D	0.13%
EME	B	0.13%
CASY	D	0.12%
OC	C	0.12%
MTG	A	0.11%
EVR	C	0.1%
UTHR	C	0.1%
CPNG	C	0.1%
DKS	D	0.1%
BJ	B	0.1%
AMG	B	0.09%
HRB	C	0.09%
WSO	C	0.08%
PFGC	A	0.08%
AYI	A	0.07%
GGG	C	0.07%
SKX	B	0.07%
DOX	B	0.07%
TOL	C	0.07%
CLF	D	0.06%
RNR	A	0.06%
CHK	C	0.06%
AGCO	D	0.06%
SEIC	B	0.06%
LNG	A	0.06%
RHI	D	0.06%
LEA	F	0.05%
ITT	C	0.05%
LSTR	F	0.05%
FND	C	0.05%
CSL	A	0.05%
MUSA	D	0.05%
BLD	D	0.05%
TXRH	A	0.05%
EXP	C	0.05%
ACI	F	0.05%
COIN	F	0.04%
ACM	A	0.04%
KNSL	B	0.04%
USFD	C	0.04%
CROX	C	0.04%
LPX	C	0.04%
ALK	C	0.04%
ARMK	C	0.04%
NYT	C	0.04%
LECO	D	0.04%
DBX	C	0.04%
SAIA	D	0.04%
CHE	D	0.04%
FIX	A	0.04%
COKE	C	0.04%
INGR	B	0.04%
CHRD	F	0.04%
GNTX	D	0.04%
CNM	F	0.04%
DCI	B	0.04%
BURL	C	0.04%
TTEK	A	0.03%
EXEL	B	0.03%
SSD	B	0.03%
LOPE	D	0.03%
KNX	D	0.03%
PVH	D	0.03%
THO	C	0.03%
GLPI	C	0.03%
MSM	D	0.03%
OLN	D	0.03%
AAL	D	0.03%
GAP	F	0.03%
CRUS	D	0.03%
HLI	A	0.03%
FCN	C	0.03%
MEDP	F	0.03%
RPRX	D	0.03%
PII	D	0.03%
VVV	D	0.03%
ALSN	A	0.03%
LAMR	C	0.03%
OSK	F	0.03%
X	F	0.03%
AR	C	0.02%
DINO	F	0.02%
JHG	A	0.02%
NEU	F	0.02%
FIVE	D	0.02%
MTZ	A	0.02%
PINC	F	0.02%
RLI	A	0.02%
M	D	0.02%
G	A	0.02%
OVV	D	0.02%
IWB	A	0.0%

QARP Underweight 250 Positions Relative to SSO

Symbol	Grade	Weight
AVGO	B	-1.06%
JPM	C	-0.79%
NFLX	A	-0.4%
KO	C	-0.37%
CRM	B	-0.35%
BAC	B	-0.35%
PEP	F	-0.31%
TMO	D	-0.31%
LIN	C	-0.3%
IBM	A	-0.27%
GE	B	-0.27%
WFC	B	-0.25%
DHR	D	-0.24%
NOW	B	-0.24%
INTU	F	-0.23%
NEE	C	-0.23%
DIS	D	-0.23%
GS	B	-0.21%
UBER	C	-0.21%
RTX	A	-0.21%
AXP	A	-0.2%
HON	C	-0.18%
MS	A	-0.17%
ETN	B	-0.17%
BLK	A	-0.17%
C	B	-0.16%
BSX	A	-0.16%
SYK	C	-0.16%
PANW	B	-0.15%
MDT	C	-0.15%
PLD	D	-0.15%
FI	A	-0.14%
CB	A	-0.14%
AMT	D	-0.14%
SCHW	D	-0.13%
MDLZ	D	-0.13%
SO	A	-0.13%
TMUS	A	-0.13%
KKR	A	-0.12%
ZTS	C	-0.12%
SHW	C	-0.12%
BA	F	-0.12%
DUK	C	-0.12%
ICE	A	-0.12%
TDG	A	-0.11%
PH	A	-0.11%
CEG	A	-0.11%
EQIX	C	-0.11%
NOC	B	-0.1%
PNC	C	-0.1%
WELL	C	-0.1%
PLTR	A	-0.1%
MSI	A	-0.1%
WM	B	-0.1%
SNPS	F	-0.1%
GD	C	-0.1%
APH	D	-0.1%
CME	A	-0.1%
ECL	C	-0.09%
CRWD	D	-0.09%
APD	C	-0.09%
CARR	A	-0.09%
BDX	C	-0.09%
USB	C	-0.09%
TFC	D	-0.08%
ROP	D	-0.08%
NXPI	F	-0.08%
NEM	C	-0.08%
AJG	C	-0.08%
EMR	B	-0.08%
DLR	C	-0.07%
ALL	A	-0.07%
CCI	D	-0.07%
JCI	C	-0.07%
SRE	C	-0.07%
BK	A	-0.07%
OKE	A	-0.07%
TRV	B	-0.07%
AEP	C	-0.07%
O	C	-0.07%
WMB	A	-0.07%
NSC	C	-0.07%
AFL	A	-0.07%
HLT	A	-0.07%
RCL	B	-0.06%
PCG	C	-0.06%
KMI	A	-0.06%
PRU	B	-0.06%
PEG	A	-0.06%
MPWR	B	-0.06%
LHX	A	-0.06%
FIS	A	-0.06%
AMP	A	-0.06%
AIG	C	-0.06%
D	A	-0.06%
MET	A	-0.06%
DELL	C	-0.05%
HIG	A	-0.05%
GLW	C	-0.05%
IRM	B	-0.05%
DFS	A	-0.05%
RMD	C	-0.05%
ED	C	-0.05%
EFX	D	-0.05%
XEL	C	-0.05%
HES	D	-0.05%
VRSK	D	-0.05%
EXR	D	-0.05%
IT	A	-0.05%
COR	F	-0.05%
IR	A	-0.05%
KDP	C	-0.05%
AME	C	-0.05%
STZ	D	-0.05%
EXC	C	-0.05%
HWM	A	-0.05%
RSG	D	-0.05%
IQV	F	-0.05%
F	D	-0.05%
IDXX	D	-0.05%
DTE	B	-0.04%
HPE	B	-0.04%
FSLR	C	-0.04%
IFF	D	-0.04%
DXCM	F	-0.04%
VLTO	A	-0.04%
FTV	C	-0.04%
ANSS	D	-0.04%
ETR	A	-0.04%
AWK	D	-0.04%
AXON	A	-0.04%
FITB	C	-0.04%
MTB	A	-0.04%
NDAQ	C	-0.04%
WEC	B	-0.04%
PPG	D	-0.04%
CSGP	F	-0.04%
KHC	F	-0.04%
WAB	A	-0.04%
AVB	C	-0.04%
TRGP	A	-0.04%
XYL	C	-0.04%
MLM	F	-0.04%
VMC	D	-0.04%
EIX	C	-0.04%
ESS	D	-0.03%
ZBRA	B	-0.03%
BAX	D	-0.03%
INVH	D	-0.03%
OMC	C	-0.03%
TDY	A	-0.03%
BALL	C	-0.03%
MKC	C	-0.03%
SMCI	F	-0.03%
CMS	A	-0.03%
RF	B	-0.03%
HBAN	B	-0.03%
CPAY	A	-0.03%
PTC	B	-0.03%
EQT	C	-0.03%
LDOS	A	-0.03%
ZBH	F	-0.03%
GDDY	B	-0.03%
WDC	C	-0.03%
RJF	B	-0.03%
FE	C	-0.03%
STX	C	-0.03%
HUBB	A	-0.03%
AEE	A	-0.03%
STE	D	-0.03%
ES	D	-0.03%
SW	C	-0.03%
PPL	C	-0.03%
BRO	A	-0.03%
TYL	D	-0.03%
TTWO	D	-0.03%
BR	B	-0.03%
EQR	C	-0.03%
CHD	D	-0.03%
SBAC	C	-0.03%
GPN	F	-0.03%
DOV	C	-0.03%
STT	A	-0.03%
VTR	C	-0.03%
TFX	C	-0.02%
BXP	B	-0.02%
REG	C	-0.02%
IPG	D	-0.02%
KMX	F	-0.02%
TECH	D	-0.02%
ALLE	A	-0.02%
EMN	C	-0.02%
CPT	C	-0.02%
ERIE	A	-0.02%
UDR	C	-0.02%
BG	F	-0.02%
VTRS	D	-0.02%
EVRG	C	-0.02%
AES	C	-0.02%
NDSN	C	-0.02%
L	C	-0.02%
GEN	A	-0.02%
TRMB	B	-0.02%
ENPH	F	-0.02%
AKAM	D	-0.02%
NI	A	-0.02%
KEY	B	-0.02%
LNT	B	-0.02%
CAG	D	-0.02%
KIM	C	-0.02%
RVTY	C	-0.02%
DOC	C	-0.02%
PNR	C	-0.02%
IEX	D	-0.02%
PODD	C	-0.02%
SWK	C	-0.02%
WRB	C	-0.02%
AVY	D	-0.02%
NTRS	B	-0.02%
PFG	A	-0.02%
CFG	C	-0.02%
ARE	D	-0.02%
MAA	D	-0.02%
DG	F	-0.02%
NRG	A	-0.02%
FOX	B	-0.01%
BEN	F	-0.01%
PARA	F	-0.01%
WBA	F	-0.01%
DVA	C	-0.01%
IVZ	A	-0.01%
FMC	C	-0.01%
FRT	D	-0.01%
NCLH	C	-0.01%
CZR	B	-0.01%
HRL	F	-0.01%
HSIC	D	-0.01%
LW	D	-0.01%
HAS	A	-0.01%
GL	C	-0.01%
GNRC	B	-0.01%
DAY	C	-0.01%
MTCH	B	-0.01%
QRVO	F	-0.01%
PNW	C	-0.01%
NWSA	D	-0.01%
CRL	F	-0.01%
AIZ	B	-0.01%
CTLT	A	-0.01%
NWS	D	-0.0%