QUAL vs. QARP ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

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

Performance

Period	QUAL	QARP
30 Days	1.61%	3.81%
60 Days	2.39%	3.83%
90 Days	3.34%	5.70%
12 Months	30.86%	26.96%

85 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in QARP	Overlap
A	D	0.2%	0.09%	0.09%
AAPL	C	5.44%	4.93%	4.93%
ACGL	D	0.26%	0.23%	0.23%
ACN	C	1.67%	1.17%	1.17%
ADBE	C	1.76%	0.87%	0.87%
ADP	B	1.75%	0.21%	0.21%
AMAT	F	1.17%	0.71%	0.71%
ANET	C	0.73%	0.13%	0.13%
AOS	F	0.06%	0.06%	0.06%
APA	D	0.19%	0.02%	0.02%
ATO	A	0.4%	0.08%	0.08%
BBY	D	0.29%	0.22%	0.22%
CAT	B	1.4%	0.66%	0.66%
CBOE	B	0.14%	0.08%	0.08%
CBRE	B	0.35%	0.09%	0.09%
CDNS	B	0.58%	0.02%	0.02%
CMG	B	1.26%	0.11%	0.11%
COP	C	1.73%	0.78%	0.78%
COST	B	2.55%	2.35%	2.35%
CSCO	B	1.74%	1.97%	1.74%
CTAS	B	0.6%	0.08%	0.08%
DECK	A	0.49%	0.13%	0.13%
DHI	D	0.7%	0.31%	0.31%
EA	A	0.2%	0.21%	0.2%
EME	C	0.17%	0.16%	0.16%
EW	C	0.24%	0.06%	0.06%
EXPD	D	0.12%	0.13%	0.12%
FAST	B	0.42%	0.22%	0.22%
FDS	B	0.12%	0.1%	0.1%
GGG	B	0.11%	0.07%	0.07%
GOOG	C	1.55%	2.15%	1.55%
GOOGL	C	1.77%	2.38%	1.77%
GRMN	B	0.48%	0.15%	0.15%
GWW	B	0.59%	0.28%	0.28%
HSY	F	0.15%	0.08%	0.08%
ITW	B	0.73%	0.31%	0.31%
JKHY	D	0.09%	0.05%	0.05%
JNJ	D	2.15%	2.35%	2.15%
KEYS	A	0.15%	0.12%	0.12%
KLAC	D	0.77%	0.16%	0.16%
LLY	F	3.42%	0.03%	0.03%
LMT	D	1.08%	0.71%	0.71%
LPLA	A	0.17%	0.2%	0.17%
LRCX	F	0.73%	0.42%	0.42%
LULU	C	0.66%	0.17%	0.17%
MA	C	4.22%	1.57%	1.57%
MCO	B	0.53%	0.33%	0.33%
META	D	4.09%	5.09%	4.09%
MKTX	D	0.07%	0.05%	0.05%
MMC	B	0.74%	0.56%	0.56%
MMM	D	0.5%	0.11%	0.11%
MNST	C	0.21%	0.14%	0.14%
MOH	F	0.09%	0.06%	0.06%
MSFT	F	4.5%	2.01%	2.01%
NKE	D	1.41%	0.31%	0.31%
NTAP	C	0.21%	0.07%	0.07%
NVDA	C	6.93%	0.18%	0.18%
NVR	D	0.52%	0.23%	0.23%
ODFL	B	0.34%	0.18%	0.18%
PAYC	B	0.08%	0.04%	0.04%
PAYX	C	0.49%	0.19%	0.19%
PHM	D	0.43%	0.21%	0.21%
PKG	A	0.1%	0.06%	0.06%
POOL	C	0.22%	0.06%	0.06%
PSA	D	0.55%	0.31%	0.31%
QCOM	F	1.15%	0.25%	0.25%
ROK	B	0.22%	0.09%	0.09%
ROL	B	0.12%	0.04%	0.04%
RS	B	0.09%	0.17%	0.09%
SEIC	B	0.07%	0.07%	0.07%
SLB	C	0.89%	0.14%	0.14%
SOLV	C	0.05%	0.1%	0.05%
TJX	A	2.03%	0.82%	0.82%
TROW	B	0.19%	0.25%	0.19%
TSCO	D	0.43%	0.15%	0.15%
TXN	C	1.34%	0.36%	0.36%
ULTA	F	0.31%	0.14%	0.14%
UNH	C	2.81%	2.36%	2.36%
UTHR	C	0.08%	0.1%	0.08%
V	A	4.5%	1.84%	1.84%
VRTX	F	0.62%	0.2%	0.2%
WAT	B	0.13%	0.03%	0.03%
WSM	B	0.29%	0.21%	0.21%
WSO	A	0.12%	0.08%	0.08%
WST	C	0.12%	0.08%	0.08%

QUAL Overweight 38 Positions Relative to QARP

Symbol	Grade	Weight
NFLX	A	1.76%
KO	D	1.43%
LIN	D	1.14%
PEP	F	1.1%
BLK	C	0.99%
SRE	A	0.93%
PLD	D	0.71%
PEG	A	0.69%
TPL	A	0.58%
SHW	A	0.57%
CME	A	0.52%
SNPS	B	0.51%
ZTS	D	0.51%
ED	D	0.5%
APH	A	0.5%
AFL	B	0.42%
APD	A	0.35%
AMP	A	0.33%
IDXX	F	0.3%
FERG	B	0.28%
CSGP	D	0.26%
AVB	B	0.24%
EQT	B	0.22%
VLTO	D	0.21%
MANH	D	0.2%
MPWR	F	0.18%
EQR	B	0.18%
RMD	C	0.17%
VEEV	C	0.16%
PPG	F	0.15%
OMC	C	0.1%
ERIE	D	0.09%
AVY	D	0.08%
ENPH	F	0.06%
SMCI	F	0.06%
AFG	A	0.06%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 260 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	B	-5.26%
AMZN	C	-3.85%
XOM	B	-3.2%
WMT	A	-3.0%
HD	A	-1.98%
CVX	A	-1.54%
PG	A	-1.38%
MCK	B	-1.18%
CMCSA	B	-0.86%
TSLA	B	-0.83%
BKNG	A	-0.81%
LOW	D	-0.77%
T	A	-0.72%
VZ	C	-0.67%
MO	A	-0.64%
BMY	B	-0.62%
PM	B	-0.56%
CI	F	-0.55%
EOG	A	-0.51%
SBUX	A	-0.51%
PFE	D	-0.47%
ELV	F	-0.46%
CAH	B	-0.4%
LEN	D	-0.4%
COR	B	-0.4%
UPS	C	-0.4%
MCD	D	-0.38%
ORLY	B	-0.37%
NUE	C	-0.37%
MU	D	-0.35%
AON	A	-0.34%
PYPL	B	-0.34%
SYY	B	-0.33%
FDX	B	-0.33%
AZO	C	-0.33%
GILD	C	-0.32%
TGT	F	-0.32%
MRK	F	-0.32%
HUM	C	-0.32%
CTSH	B	-0.29%
KR	B	-0.29%
ADM	D	-0.27%
MPC	D	-0.26%
HCA	F	-0.26%
CMI	A	-0.26%
STLD	B	-0.25%
REGN	F	-0.25%
DE	A	-0.25%
ROST	C	-0.25%
CNC	D	-0.24%
GM	B	-0.24%
PCAR	B	-0.23%
VST	B	-0.23%
ABNB	C	-0.23%
CL	D	-0.22%
FTNT	C	-0.22%
ABT	B	-0.22%
MSCI	C	-0.22%
DAL	C	-0.22%
URI	B	-0.22%
GEV	B	-0.21%
KVUE	A	-0.21%
SPG	B	-0.2%
FANG	D	-0.19%
CVS	D	-0.19%
ISRG	A	-0.18%
VLO	C	-0.18%
EXPE	B	-0.17%
KMB	D	-0.16%
BLDR	D	-0.16%
DVN	F	-0.16%
COF	B	-0.16%
FCNCA	A	-0.15%
SYF	B	-0.14%
GEHC	F	-0.14%
DRI	B	-0.13%
CASY	A	-0.13%
OC	A	-0.13%
CF	B	-0.13%
CHTR	C	-0.13%
CTRA	B	-0.12%
TPR	B	-0.12%
UNP	C	-0.12%
PSX	C	-0.12%
MAR	B	-0.12%
SNA	A	-0.12%
BJ	A	-0.11%
UAL	A	-0.11%
MTG	C	-0.11%
EVR	B	-0.11%
MRO	B	-0.11%
CPNG	D	-0.1%
BKR	B	-0.1%
LUV	C	-0.1%
GIS	D	-0.09%
EBAY	D	-0.09%
MTD	D	-0.09%
LYV	A	-0.09%
LYB	F	-0.09%
DKS	C	-0.09%
AMG	B	-0.09%
CINF	A	-0.09%
VICI	C	-0.08%
LNG	B	-0.08%
FICO	B	-0.08%
TT	A	-0.08%
SWKS	F	-0.08%
HRB	D	-0.08%
WY	D	-0.08%
INTC	D	-0.08%
PFGC	B	-0.08%
HPQ	B	-0.08%
ADI	D	-0.08%
DOX	D	-0.07%
DOW	F	-0.07%
CLX	B	-0.07%
DLTR	F	-0.07%
GPC	D	-0.07%
CPRT	A	-0.07%
RHI	B	-0.07%
SPGI	C	-0.07%
LH	C	-0.07%
AMD	F	-0.07%
MAS	D	-0.07%
TOL	B	-0.07%
AYI	B	-0.07%
RNR	C	-0.06%
ACI	C	-0.06%
EXP	A	-0.06%
AGCO	D	-0.06%
PGR	A	-0.06%
EG	C	-0.06%
TXRH	C	-0.06%
TXT	D	-0.06%
SKX	D	-0.06%
OXY	D	-0.06%
K	A	-0.06%
PWR	A	-0.06%
FFIV	B	-0.06%
JBL	B	-0.06%
VRSN	F	-0.06%
INCY	C	-0.06%
COIN	C	-0.06%
BWA	D	-0.06%
BX	A	-0.06%
CHRW	C	-0.06%
HAL	C	-0.06%
ADSK	A	-0.06%
CSX	B	-0.06%
ALK	C	-0.05%
LVS	C	-0.05%
BLD	D	-0.05%
MRNA	F	-0.05%
IP	B	-0.05%
APTV	D	-0.05%
LSTR	D	-0.05%
JBHT	C	-0.05%
CCL	B	-0.05%
CSL	C	-0.05%
ORCL	B	-0.05%
UHS	D	-0.05%
ITT	A	-0.05%
ALGN	D	-0.05%
FIX	A	-0.05%
SAIA	B	-0.05%
CLF	F	-0.05%
MGM	D	-0.05%
RL	B	-0.05%
YUM	B	-0.05%
MUSA	A	-0.05%
OSK	B	-0.04%
NYT	C	-0.04%
MCHP	D	-0.04%
X	C	-0.04%
AAL	B	-0.04%
ACM	A	-0.04%
CHE	D	-0.04%
FCX	D	-0.04%
USFD	A	-0.04%
KNSL	B	-0.04%
LPX	B	-0.04%
ARMK	B	-0.04%
WYNN	D	-0.04%
ALSN	B	-0.04%
LEA	D	-0.04%
TSN	B	-0.04%
CNP	B	-0.04%
GNTX	C	-0.04%
COKE	C	-0.04%
EPAM	C	-0.04%
LECO	B	-0.04%
CNM	D	-0.04%
MOS	F	-0.04%
BURL	A	-0.04%
FND	C	-0.04%
CHRD	D	-0.04%
DBX	B	-0.04%
ON	D	-0.04%
INGR	B	-0.04%
DCI	B	-0.04%
WBD	C	-0.04%
HOLX	D	-0.04%
HLI	B	-0.04%
OTIS	C	-0.04%
OLN	D	-0.03%
AMGN	D	-0.03%
SJM	D	-0.03%
PINC	B	-0.03%
MTZ	B	-0.03%
FCN	D	-0.03%
RLI	B	-0.03%
G	B	-0.03%
MSM	C	-0.03%
WTW	B	-0.03%
PVH	C	-0.03%
GLPI	C	-0.03%
KNX	B	-0.03%
THO	B	-0.03%
VVV	F	-0.03%
TER	D	-0.03%
RPRX	D	-0.03%
GAP	C	-0.03%
DPZ	C	-0.03%
LOPE	B	-0.03%
OVV	B	-0.03%
JHG	A	-0.03%
DGX	A	-0.03%
FOXA	B	-0.03%
MEDP	D	-0.03%
HST	C	-0.03%
LAMR	D	-0.03%
JNPR	F	-0.03%
TAP	C	-0.03%
J	F	-0.03%
EXEL	B	-0.03%
AMCR	D	-0.03%
BIIB	F	-0.02%
BBWI	D	-0.02%
DINO	D	-0.02%
CDW	F	-0.02%
ABBV	D	-0.02%
NEU	C	-0.02%
HII	D	-0.02%
FIVE	F	-0.02%
CE	F	-0.02%
CPB	D	-0.02%
AR	B	-0.02%
TTEK	F	-0.02%
M	D	-0.02%
LKQ	D	-0.02%
DD	D	-0.02%
MHK	D	-0.02%
CTVA	C	-0.02%
EL	F	-0.02%
CROX	D	-0.02%
ALB	C	-0.02%
SSD	D	-0.02%
PII	D	-0.02%
CRUS	D	-0.02%
IWB	A	-0.0%