QUAL vs. CFA ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.21

Average Daily Volume

931,872

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$86.08

Average Daily Volume

10,560

Number of Holdings ^*

493

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	CFA
30 Days	3.47%	3.45%
60 Days	10.52%	10.03%
90 Days	3.68%	8.97%
12 Months	37.76%	30.27%

109 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in CFA	Overlap
A	B	0.23%	0.19%	0.19%
AAPL	C	5.53%	0.2%	0.2%
ACGL	A	0.29%	0.24%	0.24%
ACN	B	1.66%	0.21%	0.21%
ADBE	F	1.81%	0.12%	0.12%
ADP	A	1.61%	0.33%	0.33%
AFG	A	0.06%	0.26%	0.06%
AFL	A	0.41%	0.24%	0.24%
AMAT	C	1.42%	0.12%	0.12%
AMP	A	0.27%	0.28%	0.27%
ANET	A	0.74%	0.13%	0.13%
AOS	C	0.08%	0.22%	0.08%
APD	C	0.33%	0.17%	0.17%
APH	D	0.46%	0.18%	0.18%
ATO	A	0.38%	0.34%	0.34%
AVY	D	0.09%	0.28%	0.09%
BBY	C	0.32%	0.14%	0.14%
BLK	A	0.9%	0.26%	0.26%
CAT	A	1.43%	0.21%	0.21%
CBOE	B	0.14%	0.24%	0.14%
CBRE	C	0.33%	0.18%	0.18%
CDNS	D	0.55%	0.15%	0.15%
CME	A	0.5%	0.29%	0.29%
CMG	C	1.24%	0.17%	0.17%
COP	D	1.62%	0.24%	0.24%
COST	C	2.5%	0.23%	0.23%
CSCO	A	1.61%	0.27%	0.27%
CSGP	F	0.28%	0.17%	0.17%
CTAS	C	0.57%	0.25%	0.25%
DECK	B	0.45%	0.12%	0.12%
DHI	C	0.83%	0.14%	0.14%
EA	D	0.18%	0.26%	0.18%
ED	C	0.54%	0.29%	0.29%
EME	B	0.14%	0.17%	0.14%
ENPH	F	0.11%	0.07%	0.07%
EQT	C	0.19%	0.16%	0.16%
ERIE	A	0.11%	0.2%	0.11%
EW	F	0.24%	0.1%	0.1%
EXPD	D	0.13%	0.25%	0.13%
FAST	C	0.37%	0.24%	0.24%
FDS	C	0.12%	0.24%	0.12%
GGG	C	0.11%	0.27%	0.11%
GOOGL	B	1.69%	0.18%	0.18%
GRMN	D	0.41%	0.18%	0.18%
GWW	B	0.52%	0.25%	0.25%
HSY	D	0.17%	0.22%	0.17%
IDXX	D	0.36%	0.19%	0.19%
IPG	D	0.06%	0.22%	0.06%
ITW	C	0.71%	0.33%	0.33%
JKHY	A	0.1%	0.27%	0.1%
JNJ	D	2.26%	0.3%	0.3%
KEYS	B	0.16%	0.15%	0.15%
KLAC	B	0.98%	0.11%	0.11%
KO	C	1.67%	0.39%	0.39%
LIN	C	1.22%	0.32%	0.32%
LLY	D	4.04%	0.15%	0.15%
LMT	A	1.18%	0.35%	0.35%
LPLA	D	0.13%	0.16%	0.13%
LRCX	D	0.86%	0.11%	0.11%
MA	A	4.01%	0.31%	0.31%
MANH	A	0.2%	0.16%	0.16%
MCO	D	0.54%	0.23%	0.23%
META	A	4.2%	0.13%	0.13%
MMC	D	0.75%	0.31%	0.31%
MMM	C	0.54%	0.13%	0.13%
MNST	D	0.21%	0.23%	0.21%
MOH	F	0.11%	0.15%	0.11%
MPWR	B	0.29%	0.09%	0.09%
MSFT	D	4.66%	0.25%	0.25%
NFLX	A	1.52%	0.17%	0.17%
NKE	D	1.64%	0.14%	0.14%
NTAP	D	0.22%	0.15%	0.15%
NVDA	B	5.94%	0.09%	0.09%
NVR	C	0.56%	0.22%	0.22%
ODFL	F	0.31%	0.15%	0.15%
OMC	C	0.11%	0.24%	0.11%
PAYX	B	0.46%	0.27%	0.27%
PEG	A	0.69%	0.32%	0.32%
PEP	F	1.19%	0.28%	0.28%
PHM	C	0.48%	0.17%	0.17%
PKG	B	0.09%	0.26%	0.09%
POOL	D	0.23%	0.16%	0.16%
PPG	D	0.16%	0.28%	0.16%
QCOM	D	1.23%	0.12%	0.12%
RMD	C	0.18%	0.12%	0.12%
ROK	D	0.21%	0.14%	0.14%
ROL	C	0.12%	0.23%	0.12%
RS	D	0.08%	0.18%	0.08%
SHW	C	0.58%	0.24%	0.24%
SLB	D	0.88%	0.18%	0.18%
SNPS	F	0.5%	0.13%	0.13%
SOLV	C	0.05%	0.13%	0.05%
SRE	C	0.84%	0.28%	0.28%
TJX	D	1.99%	0.27%	0.27%
TPL	A	0.38%	0.12%	0.12%
TROW	D	0.18%	0.21%	0.18%
TSCO	A	0.45%	0.22%	0.22%
TXN	C	1.4%	0.17%	0.17%
ULTA	D	0.35%	0.16%	0.16%
UNH	B	2.77%	0.2%	0.2%
UTHR	C	0.08%	0.16%	0.08%
V	B	4.01%	0.32%	0.32%
VEEV	C	0.16%	0.16%	0.16%
VLTO	A	0.22%	0.22%	0.22%
WAT	B	0.13%	0.17%	0.13%
WSM	C	0.34%	0.12%	0.12%
WSO	C	0.11%	0.18%	0.11%
WST	D	0.12%	0.13%	0.12%
ZTS	C	0.57%	0.19%	0.19%

QUAL Overweight 14 Positions Relative to CFA

Symbol	Grade	Weight
GOOG	B	1.48%
PLD	D	0.79%
VRTX	D	0.62%
PSA	C	0.59%
LULU	D	0.58%
FERG	F	0.28%
AVB	C	0.24%
APA	F	0.21%
EQR	C	0.18%
SMCI	F	0.14%
MKTX	B	0.07%
SEIC	B	0.06%
PAYC	D	0.06%
WBA	F	0.03%

QUAL Underweight 384 Positions Relative to CFA

Symbol	Grade	Weight
TMUS	A	-0.38%
BRK.A	B	-0.35%
RSG	D	-0.33%
L	C	-0.32%
PG	D	-0.32%
CL	D	-0.32%
KMI	A	-0.31%
NI	A	-0.31%
HON	C	-0.31%
PPL	C	-0.31%
DUK	C	-0.31%
GD	C	-0.31%
YUM	C	-0.31%
ICE	A	-0.31%
CHD	D	-0.31%
OTIS	A	-0.3%
FI	A	-0.3%
SPGI	C	-0.3%
HOLX	D	-0.3%
MDLZ	D	-0.29%
BK	A	-0.29%
PM	D	-0.29%
WMT	A	-0.29%
ETR	A	-0.29%
BSX	A	-0.29%
KDP	C	-0.29%
CB	A	-0.29%
CMS	A	-0.29%
SO	A	-0.29%
MSI	A	-0.29%
FE	C	-0.29%
HLT	A	-0.28%
RTX	A	-0.28%
MCD	A	-0.28%
LNT	B	-0.28%
LDOS	A	-0.28%
EVRG	C	-0.28%
LHX	A	-0.28%
CSX	D	-0.28%
OKE	A	-0.27%
UNP	F	-0.27%
COR	F	-0.27%
NOC	B	-0.27%
STZ	D	-0.27%
MDT	C	-0.27%
VRSN	C	-0.27%
WMB	A	-0.27%
T	B	-0.27%
AJG	C	-0.26%
BRO	A	-0.26%
DOW	B	-0.26%
HD	A	-0.26%
CW	A	-0.26%
BR	B	-0.26%
CVX	B	-0.26%
HIG	A	-0.26%
PCG	C	-0.26%
EIX	C	-0.26%
DTE	B	-0.26%
PFG	A	-0.26%
SSNC	C	-0.26%
WEC	B	-0.26%
IEX	D	-0.26%
WM	B	-0.26%
MET	A	-0.26%
ROP	D	-0.26%
LNG	A	-0.26%
XOM	A	-0.26%
BDX	C	-0.26%
ABT	C	-0.26%
NDAQ	C	-0.25%
SYY	D	-0.25%
TRGP	A	-0.25%
REGN	D	-0.25%
ABBV	C	-0.25%
MO	D	-0.25%
WAB	A	-0.25%
SYK	C	-0.25%
VZ	C	-0.25%
AEE	A	-0.25%
CNP	B	-0.25%
ORLY	A	-0.25%
KMB	D	-0.25%
GIS	C	-0.25%
CPRT	B	-0.25%
LYB	B	-0.25%
AEP	C	-0.25%
CAG	D	-0.24%
HEI	C	-0.24%
CMCSA	B	-0.24%
DRI	C	-0.24%
FOXA	B	-0.24%
ZBH	F	-0.24%
DOV	C	-0.24%
TW	A	-0.24%
MKL	B	-0.24%
ECL	C	-0.24%
AWK	D	-0.24%
CI	D	-0.24%
MAR	A	-0.24%
KR	C	-0.24%
ACM	A	-0.23%
AME	C	-0.23%
IBM	A	-0.23%
SJM	D	-0.23%
LOW	C	-0.23%
MORN	B	-0.23%
ELV	F	-0.23%
AIG	C	-0.23%
FTV	C	-0.23%
JPM	C	-0.23%
PTC	B	-0.23%
DGX	D	-0.23%
CLX	C	-0.23%
TRV	B	-0.23%
AZO	D	-0.23%
RPM	A	-0.23%
LVS	B	-0.23%
ALL	A	-0.23%
SCI	D	-0.23%
CINF	A	-0.23%
RJF	B	-0.23%
EXC	C	-0.23%
PGR	B	-0.23%
TMO	D	-0.23%
VRSK	D	-0.23%
XYL	C	-0.23%
RNR	A	-0.23%
CTSH	B	-0.23%
KHC	F	-0.23%
TDG	A	-0.23%
ROST	D	-0.23%
EMN	C	-0.23%
TDY	A	-0.22%
SNA	C	-0.22%
MRK	F	-0.22%
CAH	B	-0.22%
NDSN	C	-0.22%
DHR	D	-0.22%
AXP	A	-0.22%
FIS	A	-0.22%
STE	D	-0.22%
OXY	D	-0.22%
AON	A	-0.22%
XEL	C	-0.22%
TT	A	-0.22%
IBKR	A	-0.22%
ALLE	A	-0.22%
EBAY	A	-0.22%
DE	C	-0.22%
J	F	-0.22%
TAP	D	-0.22%
EOG	B	-0.22%
CPB	D	-0.22%
STT	A	-0.22%
FNF	C	-0.21%
JEF	A	-0.21%
GDDY	B	-0.21%
EQH	B	-0.21%
CMI	A	-0.21%
MS	A	-0.21%
TRMB	B	-0.21%
GS	B	-0.21%
NWSA	D	-0.21%
RGA	B	-0.21%
TXRH	A	-0.21%
MLM	F	-0.21%
MKC	C	-0.21%
WRB	C	-0.21%
HCA	C	-0.21%
USFD	C	-0.21%
PRU	B	-0.21%
VMC	D	-0.21%
D	A	-0.21%
CTRA	D	-0.21%
TYL	D	-0.2%
CSL	A	-0.2%
EMR	B	-0.2%
INCY	B	-0.2%
IR	A	-0.2%
JCI	C	-0.2%
PCAR	D	-0.2%
MCK	F	-0.2%
FFIV	B	-0.2%
GPC	D	-0.2%
GILD	A	-0.2%
HII	F	-0.2%
NTRS	B	-0.2%
ITT	C	-0.2%
BKR	B	-0.2%
EG	A	-0.2%
BAC	B	-0.2%
PFGC	A	-0.2%
TXT	F	-0.2%
IT	A	-0.2%
BKNG	B	-0.19%
ORCL	A	-0.19%
DVA	C	-0.19%
CF	A	-0.19%
STLD	C	-0.19%
PH	A	-0.19%
BG	F	-0.19%
CDW	D	-0.19%
PNC	C	-0.19%
COF	A	-0.19%
C	B	-0.19%
NEE	C	-0.19%
LYV	A	-0.19%
ARES	A	-0.19%
MAS	C	-0.19%
CE	D	-0.19%
CLH	B	-0.19%
TTEK	A	-0.19%
CNC	F	-0.18%
ISRG	C	-0.18%
UHS	D	-0.18%
SCHW	D	-0.18%
FITB	C	-0.18%
WLK	C	-0.18%
NSC	C	-0.18%
KVUE	C	-0.18%
UPS	D	-0.18%
GE	B	-0.18%
DAL	C	-0.18%
AMGN	D	-0.18%
CARR	A	-0.18%
PAG	D	-0.18%
RYAN	A	-0.18%
ADSK	B	-0.18%
ETN	B	-0.18%
NUE	D	-0.18%
MTB	A	-0.18%
WFC	B	-0.18%
HAL	D	-0.18%
GLW	C	-0.18%
APO	A	-0.18%
DVN	F	-0.18%
WMG	D	-0.18%
CPAY	A	-0.18%
PSX	D	-0.18%
DIS	D	-0.18%
H	B	-0.18%
AMZN	C	-0.18%
BAH	C	-0.18%
DD	C	-0.18%
OVV	D	-0.17%
OC	C	-0.17%
STX	C	-0.17%
BIIB	F	-0.17%
HRL	F	-0.17%
INTU	F	-0.17%
CASY	D	-0.17%
GEHC	C	-0.17%
FICO	C	-0.17%
BX	C	-0.17%
RF	B	-0.17%
HUBB	A	-0.17%
LII	C	-0.17%
DPZ	D	-0.17%
HBAN	B	-0.17%
AKAM	D	-0.17%
OWL	A	-0.17%
UHAL	C	-0.17%
USB	C	-0.17%
JBHT	D	-0.17%
TFX	C	-0.17%
FANG	D	-0.17%
MPC	D	-0.16%
FCX	B	-0.16%
NRG	A	-0.16%
AES	C	-0.16%
VLO	F	-0.16%
LEN	C	-0.16%
DT	B	-0.16%
JLL	C	-0.16%
GEN	A	-0.16%
MSCI	B	-0.16%
PWR	A	-0.16%
KKR	A	-0.16%
SYF	A	-0.16%
CRBG	B	-0.16%
CVS	D	-0.16%
IP	C	-0.16%
PR	D	-0.16%
RVTY	C	-0.16%
EWBC	B	-0.16%
IQV	F	-0.15%
RCL	B	-0.15%
HWM	A	-0.15%
CFG	C	-0.15%
HPQ	B	-0.15%
PYPL	A	-0.15%
AXON	A	-0.15%
WING	C	-0.15%
MGM	D	-0.15%
FCNCA	D	-0.15%
TGT	C	-0.15%
CHRW	C	-0.15%
BSY	D	-0.15%
ZM	B	-0.15%
GM	D	-0.15%
ABNB	D	-0.15%
EFX	D	-0.15%
GPN	F	-0.15%
CTVA	A	-0.15%
DOCU	A	-0.14%
PODD	C	-0.14%
NOW	B	-0.14%
COKE	C	-0.14%
TECH	D	-0.14%
VST	A	-0.14%
KEY	B	-0.14%
BMRN	F	-0.14%
TOL	C	-0.14%
URI	C	-0.14%
CEG	A	-0.14%
UAL	A	-0.14%
HPE	B	-0.14%
CPNG	C	-0.14%
FDX	F	-0.14%
CRM	B	-0.14%
ADI	B	-0.14%
ZBRA	B	-0.14%
THC	D	-0.14%
MTD	C	-0.14%
AVTR	D	-0.14%
KMX	F	-0.13%
BURL	C	-0.13%
LUV	B	-0.13%
ALGN	D	-0.13%
ADM	F	-0.13%
APTV	D	-0.13%
UBER	C	-0.13%
DDOG	B	-0.13%
JBL	C	-0.13%
WMS	D	-0.13%
EL	D	-0.13%
FND	C	-0.13%
WDAY	D	-0.13%
FTNT	A	-0.12%
BLDR	C	-0.12%
PINS	D	-0.12%
GEV	A	-0.12%
SBUX	B	-0.12%
F	D	-0.12%
BLD	D	-0.12%
ALLY	F	-0.12%
FIX	A	-0.12%
NBIX	F	-0.12%
NXPI	F	-0.12%
EXPE	B	-0.12%
MCHP	F	-0.12%
AMD	C	-0.11%
KNSL	B	-0.11%
XPO	F	-0.11%
AVGO	B	-0.11%
HUM	F	-0.11%
TTD	A	-0.11%
APP	A	-0.11%
ENTG	D	-0.11%
SWKS	F	-0.11%
CHTR	D	-0.11%
DG	F	-0.1%
FSLR	C	-0.1%
CRWD	D	-0.1%
SQ	D	-0.1%
TER	C	-0.1%
VRT	B	-0.1%
DKS	D	-0.1%
TSLA	C	-0.1%
EPAM	F	-0.1%
PSTG	F	-0.09%
RKT	D	-0.09%
PLTR	A	-0.09%
ON	F	-0.09%
PANW	B	-0.09%
INTC	D	-0.09%
HOOD	B	-0.09%
CHWY	C	-0.08%
SRPT	F	-0.08%
DELL	C	-0.07%
DXCM	F	-0.07%
COIN	F	-0.06%
CVNA	A	-0.06%