QUS vs. ACVF ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to American Conservative Values ETF (ACVF)

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$45.63

Average Daily Volume

7,781

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	QUS	ACVF
30 Days	2.25%	3.66%
60 Days	3.15%	5.20%
90 Days	4.45%	6.60%
12 Months	29.35%	31.26%

339 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in ACVF	Overlap
	A	D	0.11%	0.06%	0.06%
	ABBV	D	0.49%	0.77%	0.49%
	ABNB	C	0.02%	0.37%	0.02%
	ABT	B	0.16%	0.51%	0.16%
	ACN	C	1.18%	0.88%	0.88%
	ADBE	C	0.71%	0.98%	0.71%
	ADI	D	0.14%	0.44%	0.14%
	ADM	D	0.08%	0.07%	0.07%
	ADP	B	0.54%	0.38%	0.38%
	ADSK	A	0.16%	0.3%	0.16%
	AEE	A	0.11%	0.01%	0.01%
	AEP	D	0.19%	0.03%	0.03%
	AES	F	0.01%	0.01%	0.01%
	AFL	B	0.22%	0.06%	0.06%
	AIG	B	0.12%	0.05%	0.05%
	AJG	B	0.46%	0.05%	0.05%
	ALB	C	0.02%	0.01%	0.01%
	ALL	A	0.06%	0.05%	0.05%
	AMAT	F	0.48%	0.52%	0.48%
	AMCR	D	0.02%	0.04%	0.02%
	AMD	F	0.06%	0.55%	0.06%
	AME	A	0.02%	0.07%	0.02%
	AMGN	D	0.27%	0.37%	0.27%
	AMP	A	0.04%	0.2%	0.04%
	AMT	D	0.04%	0.19%	0.04%
	ANET	C	0.39%	0.7%	0.39%
	ANSS	B	0.01%	0.18%	0.01%
	AON	A	0.21%	0.17%	0.17%
	APD	A	0.05%	0.17%	0.05%
	APH	A	0.71%	0.2%	0.2%
	APTV	D	0.02%	0.04%	0.02%
	ARE	D	0.02%	0.02%	0.02%
	AVB	B	0.02%	0.06%	0.02%
	AVGO	D	0.58%	2.01%	0.58%
	AWK	D	0.02%	0.02%	0.02%
	AZO	C	0.36%	0.28%	0.28%
	BA	F	0.02%	0.17%	0.02%
	BALL	D	0.02%	0.06%	0.02%
	BBWI	D	0.01%	0.02%	0.01%
	BBY	D	0.09%	0.06%	0.06%
	BDX	F	0.24%	0.14%	0.14%
	BEN	C	0.01%	0.01%	0.01%
	BIIB	F	0.02%	0.02%	0.02%
	BK	A	0.09%	0.07%	0.07%
	BKNG	A	0.04%	0.94%	0.04%
	BKR	B	0.04%	0.08%	0.04%
	BLDR	D	0.08%	0.14%	0.08%
	BMY	B	0.34%	0.35%	0.34%
	BR	A	0.03%	0.06%	0.03%
	BRK.A	B	1.1%	2.76%	1.1%
	BSX	B	0.04%	0.29%	0.04%
	BX	A	0.05%	0.42%	0.05%
	C	A	0.45%	0.45%	0.45%
	CAH	B	0.12%	0.07%	0.07%
	CARR	D	0.04%	0.07%	0.04%
	CAT	B	0.63%	0.51%	0.51%
	CB	C	0.65%	0.38%	0.38%
	CBOE	B	0.29%	0.18%	0.18%
	CBRE	B	0.05%	0.14%	0.05%
	CCI	D	0.03%	0.1%	0.03%
	CDNS	B	0.29%	0.46%	0.29%
	CDW	F	0.19%	0.05%	0.05%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.03%	0.08%	0.03%
	CFG	B	0.07%	0.07%	0.07%
	CHD	B	0.14%	0.05%	0.05%
	CHRW	C	0.02%	0.03%	0.02%
	CHTR	C	0.09%	0.43%	0.09%
	CI	F	0.24%	0.58%	0.24%
	CINF	A	0.03%	0.05%	0.03%
	CL	D	0.17%	0.21%	0.17%
	CLX	B	0.01%	0.01%	0.01%
	CME	A	0.23%	0.45%	0.23%
	CMI	A	0.17%	0.16%	0.16%
	CNC	D	0.08%	0.06%	0.06%
	CNP	B	0.02%	0.03%	0.02%
	COF	B	0.17%	0.16%	0.16%
	COP	C	0.17%	0.22%	0.17%
	COR	B	0.35%	0.13%	0.13%
	COST	B	1.31%	1.72%	1.31%
	CPRT	A	0.14%	0.54%	0.14%
	CRWD	B	0.06%	0.16%	0.06%
	CSCO	B	1.34%	1.59%	1.34%
	CSX	B	0.05%	0.19%	0.05%
	CTAS	B	0.23%	0.4%	0.23%
	CTSH	B	0.39%	0.25%	0.25%
	CTVA	C	0.16%	0.1%	0.1%
	CVS	D	0.29%	0.17%	0.17%
	CVX	A	0.55%	0.73%	0.55%
	D	C	0.14%	0.03%	0.03%
	DASH	A	0.01%	0.32%	0.01%
	DD	D	0.04%	0.05%	0.04%
	DE	A	0.1%	0.39%	0.1%
	DFS	B	0.07%	0.34%	0.07%
	DG	F	0.02%	0.06%	0.02%
	DHI	D	0.19%	0.11%	0.11%
	DHR	F	0.09%	0.49%	0.09%
	DLR	B	0.04%	0.11%	0.04%
	DLTR	F	0.02%	0.03%	0.02%
	DOW	F	0.06%	0.03%	0.03%
	DPZ	C	0.07%	0.04%	0.04%
	DRI	B	0.02%	0.06%	0.02%
	DTE	C	0.1%	0.04%	0.04%
	DUK	C	0.6%	0.13%	0.13%
	DXCM	D	0.0%	0.05%	0.0%
	EA	A	0.31%	0.28%	0.28%
	EBAY	D	0.02%	0.09%	0.02%
	ECL	D	0.02%	0.16%	0.02%
	ED	D	0.42%	0.01%	0.01%
	EFX	F	0.01%	0.07%	0.01%
	EIX	B	0.04%	0.06%	0.04%
	EL	F	0.01%	0.03%	0.01%
	ELV	F	0.29%	0.34%	0.29%
	EMR	A	0.05%	0.21%	0.05%
	EOG	A	0.15%	0.13%	0.13%
	EQIX	A	0.02%	0.24%	0.02%
	EQR	B	0.02%	0.06%	0.02%
	ES	D	0.03%	0.04%	0.03%
	ETN	A	0.05%	0.61%	0.05%
	EW	C	0.12%	0.08%	0.08%
	EXC	C	0.06%	0.03%	0.03%
	EXPD	D	0.06%	0.04%	0.04%
	EXPE	B	0.02%	0.33%	0.02%
	EXR	D	0.02%	0.01%	0.01%
	F	C	0.16%	0.12%	0.12%
	FAST	B	0.15%	0.11%	0.11%
	FCX	D	0.04%	0.18%	0.04%
	FDX	B	0.12%	0.15%	0.12%
	FE	C	0.02%	0.05%	0.02%
	FFIV	B	0.23%	0.21%	0.21%
	FI	A	0.31%	0.79%	0.31%
	FICO	B	0.2%	0.38%	0.2%
	FIS	C	0.03%	0.13%	0.03%
	FITB	A	0.06%	0.12%	0.06%
	FOX	A	0.01%	0.12%	0.01%
	FOXA	B	0.02%	0.14%	0.02%
	FTNT	C	0.01%	0.17%	0.01%
	FTV	C	0.02%	0.05%	0.02%
	GD	F	0.07%	0.08%	0.07%
	GE	D	0.11%	0.45%	0.11%
	GEHC	F	0.03%	0.07%	0.03%
	GEV	B	0.05%	0.21%	0.05%
	GILD	C	0.43%	0.09%	0.09%
	GIS	D	0.25%	0.07%	0.07%
	GLW	B	0.14%	0.08%	0.08%
	GPC	D	0.02%	0.06%	0.02%
	GPN	B	0.04%	0.18%	0.04%
	GRMN	B	0.2%	0.46%	0.2%
	GWW	B	0.2%	0.11%	0.11%
	HAL	C	0.03%	0.05%	0.03%
	HBAN	A	0.06%	0.05%	0.05%
	HCA	F	0.06%	0.09%	0.06%
	HD	A	0.35%	1.77%	0.35%
	HES	B	0.02%	0.04%	0.02%
	HIG	B	0.09%	0.07%	0.07%
	HLT	A	0.01%	0.18%	0.01%
	HOLX	D	0.07%	0.02%	0.02%
	HON	B	0.53%	0.47%	0.47%
	HPE	B	0.06%	0.23%	0.06%
	HPQ	B	0.07%	0.15%	0.07%
	HST	C	0.01%	0.02%	0.01%
	HSY	F	0.18%	0.05%	0.05%
	HUM	C	0.2%	0.18%	0.18%
	ICE	C	0.14%	0.38%	0.14%
	IDXX	F	0.12%	0.04%	0.04%
	IFF	D	0.02%	0.02%	0.02%
	ILMN	D	0.01%	0.05%	0.01%
	INCY	C	0.2%	0.02%	0.02%
	INTC	D	0.18%	0.32%	0.18%
	INTU	C	0.04%	0.92%	0.04%
	IP	B	0.04%	0.07%	0.04%
	IPG	D	0.01%	0.19%	0.01%
	IQV	D	0.02%	0.07%	0.02%
	IR	B	0.02%	0.07%	0.02%
	ISRG	A	0.04%	0.62%	0.04%
	IT	C	0.13%	0.19%	0.13%
	ITW	B	0.27%	0.14%	0.14%
	J	F	0.02%	0.04%	0.02%
	JBHT	C	0.05%	0.02%	0.02%
	JBL	B	0.03%	0.16%	0.03%
	JCI	C	0.05%	0.2%	0.05%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	A	0.26%	0.06%	0.06%
	KHC	F	0.18%	0.05%	0.05%
	KKR	A	0.04%	0.22%	0.04%
	KLAC	D	0.29%	0.3%	0.29%
	KMB	D	0.1%	0.08%	0.08%
	KMI	A	0.07%	0.11%	0.07%
	KR	B	0.31%	0.04%	0.04%
	L	A	0.12%	0.04%	0.04%
	LEN	D	0.06%	0.09%	0.06%
	LH	C	0.03%	0.04%	0.03%
	LHX	C	0.04%	0.14%	0.04%
	LIN	D	0.15%	0.85%	0.15%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.92%	1.48%	1.48%
	LMT	D	0.72%	0.34%	0.34%
	LRCX	F	0.3%	0.39%	0.3%
	LUV	C	0.01%	0.06%	0.01%
	LVS	C	0.01%	0.05%	0.01%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.01%	0.1%	0.01%
	MA	C	1.69%	1.7%	1.69%
	MAA	B	0.01%	0.01%	0.01%
	MANH	D	0.07%	0.16%	0.07%
	MAR	B	0.02%	0.48%	0.02%
	MCD	D	0.5%	1.0%	0.5%
	MCHP	D	0.1%	0.06%	0.06%
	MCK	B	0.61%	0.28%	0.28%
	MCO	B	0.21%	0.42%	0.21%
	MDLZ	F	0.22%	0.65%	0.22%
	MDT	D	0.15%	0.29%	0.15%
	MET	A	0.09%	0.25%	0.09%
	MGM	D	0.01%	0.08%	0.01%
	MKC	D	0.01%	0.03%	0.01%
	MKTX	D	0.03%	0.02%	0.02%
	MMC	B	0.69%	0.26%	0.26%
	MMM	D	0.28%	0.09%	0.09%
	MNST	C	0.12%	0.19%	0.12%
	MO	A	0.07%	0.23%	0.07%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.32%	0.28%	0.28%
	MRK	F	0.46%	0.65%	0.46%
	MS	A	0.21%	0.33%	0.21%
	MSCI	C	0.01%	0.06%	0.01%
	MSFT	F	2.7%	4.56%	2.7%
	MSI	B	0.63%	0.83%	0.63%
	MTD	D	0.01%	0.0%	0.0%
	MU	D	0.07%	0.32%	0.07%
	NEE	D	0.1%	0.51%	0.1%
	NEM	D	0.18%	0.07%	0.07%
	NOC	D	0.55%	0.18%	0.18%
	NOW	A	0.27%	0.95%	0.27%
	NSC	B	0.05%	0.05%	0.05%
	NTRS	A	0.03%	0.08%	0.03%
	NUE	C	0.07%	0.09%	0.07%
	NVDA	C	2.76%	7.98%	2.76%
	NWSA	B	0.01%	0.12%	0.01%
	NXPI	D	0.03%	0.17%	0.03%
	O	D	0.04%	0.02%	0.02%
	ODFL	B	0.13%	0.08%	0.08%
	OKE	A	0.05%	0.09%	0.05%
	OMC	C	0.07%	0.3%	0.07%
	ORCL	B	0.53%	1.18%	0.53%
	ORLY	B	0.26%	0.48%	0.26%
	OTIS	C	0.04%	0.05%	0.04%
	OXY	D	0.1%	0.09%	0.09%
	PANW	C	0.32%	0.48%	0.32%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	C	0.16%	0.13%	0.13%
	PCAR	B	0.06%	0.14%	0.06%
	PEG	A	0.04%	0.08%	0.04%
	PEP	F	1.01%	0.9%	0.9%
	PFG	D	0.03%	0.03%	0.03%
	PG	A	0.59%	1.53%	0.59%
	PH	A	0.04%	0.19%	0.04%
	PHM	D	0.11%	0.03%	0.03%
	PINS	D	0.0%	0.1%	0.0%
	PKG	A	0.09%	0.04%	0.04%
	PLD	D	0.08%	0.33%	0.08%
	PM	B	0.11%	0.58%	0.11%
	PNC	B	0.17%	0.33%	0.17%
	POOL	C	0.04%	0.03%	0.03%
	PPG	F	0.02%	0.07%	0.02%
	PRU	A	0.08%	0.04%	0.04%
	PSA	D	0.14%	0.15%	0.14%
	PWR	A	0.02%	0.03%	0.02%
	QCOM	F	0.55%	0.52%	0.52%
	RCL	A	0.01%	0.1%	0.01%
	REGN	F	0.25%	0.22%	0.22%
	RF	A	0.06%	0.08%	0.06%
	RJF	A	0.03%	0.09%	0.03%
	RMD	C	0.09%	0.04%	0.04%
	ROK	B	0.1%	0.03%	0.03%
	ROP	B	0.46%	0.46%	0.46%
	ROST	C	0.03%	0.31%	0.03%
	RSG	A	0.54%	0.38%	0.38%
	RTX	C	0.18%	0.44%	0.18%
	SBAC	D	0.01%	0.02%	0.01%
	SCHW	B	0.07%	0.19%	0.07%
	SHW	A	0.26%	0.21%	0.21%
	SLB	C	0.05%	0.15%	0.05%
	SNPS	B	0.28%	0.5%	0.28%
	SO	D	0.54%	0.75%	0.54%
	SOLV	C	0.06%	0.01%	0.01%
	SPG	B	0.03%	0.08%	0.03%
	SPGI	C	0.07%	0.62%	0.07%
	SRE	A	0.06%	0.03%	0.03%
	STT	A	0.06%	0.1%	0.06%
	STX	D	0.07%	0.04%	0.04%
	STZ	D	0.02%	0.17%	0.02%
	SW	A	0.03%	0.02%	0.02%
	SYF	B	0.06%	0.01%	0.01%
	SYK	C	0.05%	0.31%	0.05%
	SYY	B	0.05%	0.03%	0.03%
	T	A	0.69%	0.18%	0.18%
	TDG	D	0.01%	0.12%	0.01%
	TFC	A	0.16%	0.2%	0.16%
	TJX	A	0.56%	0.88%	0.56%
	TMO	F	0.1%	0.52%	0.1%
	TMUS	B	0.78%	1.05%	0.78%
	TROW	B	0.09%	0.07%	0.07%
	TRV	B	0.47%	0.05%	0.05%
	TSCO	D	0.09%	0.19%	0.09%
	TSLA	B	0.28%	1.92%	0.28%
	TT	A	0.26%	0.18%	0.18%
	TTWO	A	0.01%	0.21%	0.01%
	TXN	C	1.06%	0.56%	0.56%
	TYL	B	0.01%	0.05%	0.01%
	UBER	D	0.18%	0.51%	0.18%
	ULTA	F	0.08%	0.03%	0.03%
	UNP	C	0.08%	0.38%	0.08%
	UPS	C	0.11%	0.21%	0.11%
	USB	A	0.16%	0.26%	0.16%
	VEEV	C	0.08%	0.04%	0.04%
	VLTO	D	0.08%	0.07%	0.07%
	VMC	B	0.02%	0.03%	0.02%
	VRSK	A	0.15%	0.32%	0.15%
	VRSN	F	0.22%	0.35%	0.22%
	VRTX	F	0.57%	0.31%	0.31%
	VTR	C	0.02%	0.03%	0.02%
	WAB	B	0.02%	0.07%	0.02%
	WBA	F	0.06%	0.02%	0.02%
	WDAY	B	0.15%	0.21%	0.15%
	WEC	A	0.29%	0.05%	0.05%
	WELL	A	0.04%	0.12%	0.04%
	WFC	A	0.5%	0.7%	0.5%
	WM	A	0.52%	0.44%	0.44%
	WMB	A	0.15%	0.09%	0.09%
	WTW	B	0.16%	0.08%	0.08%
	WY	D	0.03%	0.04%	0.03%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	A	0.2%	0.07%	0.07%
	XOM	B	0.81%	1.46%	0.81%
	XYL	D	0.01%	0.02%	0.01%
	YUM	B	0.19%	0.04%	0.04%
	ZBH	C	0.02%	0.03%	0.02%
	ZBRA	B	0.01%	0.21%	0.01%
	ZTS	D	0.25%	0.16%	0.16%

QUS Overweight 244 Positions Relative to ACVF

	Symbol	Grade	Weight
	AAPL	C	3.24%
	META	D	2.32%
	UNH	C	2.21%
	V	A	1.91%
	JNJ	D	1.64%
	GOOGL	C	1.2%
	GOOG	C	1.12%
	JPM	A	1.06%
	WMT	A	0.94%
	VZ	C	0.81%
	KO	D	0.81%
	AMZN	C	0.69%
	BAC	A	0.69%
	IBM	C	0.67%
	PGR	A	0.65%
	WCN	A	0.53%
	BLK	C	0.46%
	CMCSA	B	0.42%
	ACGL	D	0.38%
	GDDY	A	0.34%
	FCNCA	A	0.34%
	PFE	D	0.33%
	GM	B	0.32%
	TSN	B	0.3%
	GS	A	0.3%
	K	A	0.29%
	NKE	D	0.28%
	KDP	D	0.23%
	CMG	B	0.22%
	FANG	D	0.22%
	TDY	B	0.21%
	BAH	F	0.2%
	EG	C	0.18%
	PTC	A	0.18%
	JNPR	F	0.17%
	ERIE	D	0.17%
	ROL	B	0.17%
	DIS	B	0.17%
	NTAP	C	0.16%
	VLO	C	0.15%
	MKL	A	0.15%
	AFG	A	0.15%
	NFLX	A	0.14%
	AKAM	D	0.14%
	PSX	C	0.14%
	LOW	D	0.13%
	MOH	F	0.13%
	GEN	B	0.13%
	CRM	B	0.12%
	CPB	D	0.12%
	LULU	C	0.12%
	WRB	A	0.12%
	AIZ	A	0.12%
	AXP	A	0.11%
	NVR	D	0.11%
	NBIX	C	0.11%
	WBD	C	0.11%
	UTHR	C	0.1%
	TGT	F	0.1%
	TPL	A	0.09%
	CMS	C	0.09%
	DECK	A	0.09%
	EME	C	0.08%
	HRL	D	0.08%
	PYPL	B	0.08%
	BMRN	D	0.08%
	MTB	A	0.08%
	HUBS	A	0.08%
	HUBB	B	0.07%
	WAT	B	0.07%
	TW	A	0.07%
	MELI	D	0.07%
	ALNY	D	0.07%
	MPWR	F	0.07%
	LPLA	A	0.07%
	WSO	A	0.06%
	WSM	B	0.06%
	PCG	A	0.06%
	DGX	A	0.06%
	DELL	C	0.06%
	SBUX	A	0.06%
	SNA	A	0.06%
	WST	C	0.06%
	APA	D	0.05%
	BG	F	0.05%
	ETR	B	0.05%
	SWKS	F	0.05%
	GGG	B	0.05%
	IEX	B	0.05%
	LNT	A	0.05%
	FDS	B	0.05%
	VTRS	A	0.05%
	LNG	B	0.05%
	MRO	B	0.04%
	VICI	C	0.04%
	JKHY	D	0.04%
	ALLE	D	0.04%
	KNX	B	0.04%
	URI	B	0.04%
	ATO	A	0.04%
	STLD	B	0.04%
	KVUE	A	0.04%
	EPAM	C	0.04%
	DVN	F	0.04%
	TER	D	0.04%
	CNH	C	0.03%
	SMCI	F	0.03%
	PPL	B	0.03%
	ALLY	C	0.03%
	RS	B	0.03%
	TTC	D	0.03%
	NRG	B	0.03%
	AOS	F	0.03%
	EQT	B	0.03%
	PARA	C	0.03%
	ACI	C	0.03%
	KMX	B	0.03%
	TRGP	B	0.03%
	FSLR	F	0.03%
	APO	B	0.03%
	SQ	B	0.03%
	CF	B	0.03%
	SEIC	B	0.03%
	OVV	B	0.03%
	LW	C	0.03%
	CTRA	B	0.03%
	APP	B	0.02%
	SSNC	B	0.02%
	CPAY	A	0.02%
	CCK	C	0.02%
	SJM	D	0.02%
	LDOS	C	0.02%
	EMN	D	0.02%
	WDC	D	0.02%
	NDAQ	A	0.02%
	DOV	A	0.02%
	MLM	B	0.02%
	UHS	D	0.02%
	NI	A	0.02%
	EQH	B	0.02%
	KIM	A	0.02%
	TXT	D	0.02%
	MRVL	B	0.02%
	CAG	D	0.02%
	OC	A	0.02%
	FNF	B	0.02%
	CRBG	B	0.02%
	EVRG	A	0.02%
	VST	B	0.02%
	SWK	D	0.02%
	ON	D	0.02%
	BAX	D	0.02%
	DINO	D	0.02%
	TAP	C	0.02%
	ENPH	F	0.02%
	TTD	B	0.01%
	HOOD	B	0.01%
	ENTG	D	0.01%
	RIVN	F	0.01%
	MTCH	D	0.01%
	BIO	D	0.01%
	NDSN	B	0.01%
	Z	A	0.01%
	LII	A	0.01%
	ALGN	D	0.01%
	QRVO	F	0.01%
	TFX	F	0.01%
	VRT	B	0.01%
	PLTR	B	0.01%
	ARES	A	0.01%
	UDR	B	0.01%
	UHAL	D	0.01%
	CSGP	D	0.01%
	AMH	D	0.01%
	WLK	D	0.01%
	CRL	C	0.01%
	CTLT	B	0.01%
	RPRX	D	0.01%
	CPT	B	0.01%
	DVA	B	0.01%
	GLPI	C	0.01%
	AVY	D	0.01%
	HII	D	0.01%
	WTRG	B	0.01%
	FBIN	D	0.01%
	TRU	D	0.01%
	CSL	C	0.01%
	AVTR	F	0.01%
	ESS	B	0.01%
	IRM	D	0.01%
	MAS	D	0.01%
	PNR	A	0.01%
	REG	B	0.01%
	RPM	A	0.01%
	SUI	D	0.01%
	WPC	D	0.01%
	STE	F	0.01%
	MRNA	F	0.01%
	TWLO	A	0.01%
	HSIC	B	0.01%
	INVH	D	0.01%
	TRMB	B	0.01%
	BURL	A	0.01%
	ACM	A	0.01%
	DOC	D	0.01%
	COIN	C	0.01%
	DAL	C	0.01%
	CCL	B	0.01%
	HWM	A	0.01%
	CHRD	D	0.01%
	DKS	C	0.01%
	BRO	B	0.01%
	CG	A	0.01%
	BXP	D	0.01%
	ZM	B	0.01%
	RVTY	F	0.01%
	CELH	F	0.0%
	IOT	A	0.0%
	ZS	C	0.0%
	TEAM	A	0.0%
	NET	B	0.0%
	RBLX	C	0.0%
	MDB	C	0.0%
	TOST	B	0.0%
	DKNG	B	0.0%
	BSY	D	0.0%
	PSTG	D	0.0%
	DDOG	A	0.0%
	SNAP	C	0.0%
	H	B	0.0%
	DT	C	0.0%
	PODD	C	0.0%
	DOCU	A	0.0%
	EXAS	D	0.0%
	HEI	B	0.0%
	DAY	B	0.0%
	ROKU	D	0.0%
	SNOW	C	0.0%
	MSTR	C	0.0%
	ELS	C	0.0%
	HEI	B	0.0%
	TECH	D	0.0%
	OKTA	C	0.0%
	AXON	A	0.0%

QUS Underweight 24 Positions Relative to ACVF

	Symbol	Grade	Weight
	SPOT	B	-0.48%
	RBA	A	-0.17%
	LAD	A	-0.14%
	NWS	B	-0.13%
	SKX	D	-0.12%
	RKT	F	-0.09%
	UAL	A	-0.06%
	ETSY	D	-0.06%
	KSS	F	-0.06%
	UAA	C	-0.06%
	UA	C	-0.06%
	AAL	B	-0.06%
	TPR	B	-0.03%
	BWA	D	-0.03%
	PVH	C	-0.02%
	RL	B	-0.02%
	FMC	D	-0.01%
	AAP	C	-0.01%
	SLVM	B	-0.01%
	PHIN	A	-0.01%
	HAS	D	-0.01%
	EMBC	C	-0.0%
	FTRE	D	-0.0%
	IVZ	B	-0.0%

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50

ACVF: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Semiconductors Specialty Retail Banks - Regional - US Capital Markets Drug Manufacturers - Major Specialty Chemicals Aerospace & Defense Household & Personal Products Medical Devices Utilities - Diversified Health Care Plans Insurance - Property & Casualty Integrated Shipping & Logistics Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Electricity Electronics Chemical Dow Jones Component Medicine Bank Telecommunications Aerospace Real Estate Investment Trust Semiconductor Transport Banking Mining Investment Bank Insurance Products