QQH vs. CVSE ETF Comparison

Comparison of HCM Defender 100 Index ETF (QQH) to Morgan Stanley ETF Trust Calvert US Select Equity ETF (CVSE)

QQH

HCM Defender 100 Index ETF

QQH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 100 Index (the HCM 100 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 100 index. The HCM 100 index seeks to outperform the Solactive US Technology 100 Index, a proprietary methodology.

Grade (RS Rating)

Last Trade

$62.25

Average Daily Volume

22,992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CVSE

Morgan Stanley ETF Trust Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$68.14

Average Daily Volume

6,791

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQH	CVSE
30 Days	2.88%	2.67%
60 Days	0.70%	4.66%
90 Days	1.12%	5.36%
12 Months	35.65%	30.72%

4 Overlapping Holdings

Symbol	Grade	Weight in QQH	Weight in CVSE	Overlap
AAPL	C	12.57%	7.09%	7.09%
MSFT	C	11.82%	7.79%	7.79%
NFLX	B	1.39%	1.34%	1.34%
NVDA	D	4.86%	6.74%	4.86%

QQH Overweight 92 Positions Relative to CVSE

Symbol	Grade	Weight
META	B	5.01%
AMZN	C	4.75%
AVGO	C	3.37%
TSLA	C	2.91%
GOOG	D	1.97%
GOOGL	D	1.97%
COST	B	1.87%
ADBE	F	1.3%
PEP	C	1.18%
AMD	D	1.14%
LIN	B	1.06%
CSCO	C	0.97%
QCOM	D	0.96%
TXN	C	0.83%
AMGN	B	0.82%
AMAT	D	0.8%
CMCSA	D	0.79%
ISRG	B	0.78%
INTU	C	0.75%
HON	D	0.61%
BKNG	C	0.59%
VRTX	D	0.57%
REGN	C	0.55%
ADI	C	0.5%
ADP	B	0.5%
SBUX	C	0.49%
GILD	B	0.49%
TMUS	C	0.47%
MDLZ	B	0.46%
PANW	D	0.45%
LRCX	F	0.42%
KLAC	D	0.42%
MU	F	0.42%
MELI	B	0.41%
INTC	F	0.38%
PYPL	B	0.34%
CSX	D	0.31%
CTAS	B	0.31%
SNPS	D	0.3%
ORLY	C	0.3%
CDNS	D	0.3%
MRVL	C	0.27%
PDD	F	0.27%
CEG	C	0.27%
ROP	C	0.26%
MAR	C	0.26%
NXPI	F	0.26%
AEP	C	0.25%
CRWD	D	0.24%
ADSK	C	0.24%
TTD	B	0.24%
ROST	C	0.23%
FTNT	C	0.23%
PCAR	D	0.22%
ABNB	D	0.22%
WDAY	D	0.22%
PAYX	C	0.19%
EXC	C	0.18%
FAST	C	0.18%
IDXX	C	0.18%
VRSK	D	0.18%
CTSH	C	0.18%
CPRT	D	0.18%
MCHP	F	0.18%
EA	D	0.17%
XEL	B	0.17%
BKR	C	0.16%
ODFL	D	0.16%
BIIB	F	0.15%
CHTR	D	0.15%
KDP	B	0.15%
EBAY	B	0.15%
CSGP	D	0.14%
GEHC	C	0.14%
LULU	D	0.13%
KHC	C	0.13%
FANG	D	0.13%
ON	D	0.13%
DXCM	F	0.12%
MNST	D	0.12%
MRNA	F	0.12%
DDOG	D	0.11%
TEAM	D	0.11%
ANSS	D	0.11%
ILMN	C	0.1%
WBD	D	0.08%
CCEP	B	0.07%
ALGN	D	0.07%
DLTR	F	0.06%
SMCI	F	0.05%
BNTX	C	0.04%
GFS	F	0.01%

QQH Underweight 6 Positions Relative to CVSE

Symbol	Grade	Weight
LLY	C	-3.33%
MRK	D	-2.17%
SPGI	B	-2.1%
ACN	C	-1.78%
MA	B	-1.48%
PH	B	-1.48%