QUS vs. BBUS ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to JPMorgan BetaBuilders U.S. Equity ETF (BBUS)

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

$151.02

Average Daily Volume

25,075

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$97.48

Average Daily Volume

164,426

Number of Holdings ^*

540

* may have additional holdings in another (foreign) market

Performance

Period	QUS	BBUS
30 Days	4.27%	4.26%
60 Days	1.48%	-2.71%
90 Days	3.91%	1.56%
12 Months	23.73%	23.31%

531 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in BBUS	Overlap
	A	B	0.12%	0.09%	0.09%
	AAPL	C	3.27%	6.8%	3.27%
	ABBV	B	0.61%	0.71%	0.61%
	ABNB	F	0.01%	0.1%	0.01%
	ABT	A	0.16%	0.4%	0.16%
	ACGL	B	0.43%	0.09%	0.09%
	ACI	D	0.03%	0.02%	0.02%
	ACN	A	1.18%	0.44%	0.44%
	ADBE	B	0.84%	0.52%	0.52%
	ADI	C	0.15%	0.24%	0.15%
	ADM	D	0.1%	0.06%	0.06%
	ADP	B	0.51%	0.23%	0.23%
	ADSK	B	0.14%	0.11%	0.11%
	AEE	A	0.1%	0.04%	0.04%
	AEP	A	0.21%	0.11%	0.11%
	AES	D	0.02%	0.03%	0.02%
	AFG	A	0.15%	0.02%	0.02%
	AFL	B	0.22%	0.12%	0.12%
	AIG	D	0.12%	0.1%	0.1%
	AJG	A	0.47%	0.13%	0.13%
	AKAM	D	0.17%	0.03%	0.03%
	ALB	F	0.02%	0.02%	0.02%
	ALGN	F	0.01%	0.04%	0.01%
	ALL	B	0.06%	0.1%	0.06%
	ALLE	B	0.04%	0.02%	0.02%
	ALNY	C	0.08%	0.07%	0.07%
	AMAT	F	0.53%	0.33%	0.33%
	AMCR	B	0.02%	0.03%	0.02%
	AMD	F	0.07%	0.48%	0.07%
	AME	D	0.02%	0.08%	0.02%
	AMGN	C	0.33%	0.36%	0.33%
	AMP	B	0.03%	0.09%	0.03%
	AMT	A	0.04%	0.21%	0.04%
	AMZN	D	0.6%	3.32%	0.6%
	ANET	D	0.35%	0.18%	0.18%
	ANSS	D	0.01%	0.06%	0.01%
	AON	A	0.2%	0.15%	0.15%
	APA	F	0.06%	0.02%	0.02%
	APD	B	0.04%	0.13%	0.04%
	APH	D	0.64%	0.16%	0.16%
	APO	D	0.02%	0.09%	0.02%
	APTV	D	0.03%	0.04%	0.03%
	ARE	D	0.02%	0.04%	0.02%
	ARES	C	0.01%	0.05%	0.01%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.02%	0.06%	0.02%
	AVGO	D	0.56%	1.46%	0.56%
	AVTR	B	0.01%	0.04%	0.01%
	AVY	B	0.01%	0.04%	0.01%
	AWK	A	0.02%	0.06%	0.02%
	AXON	B	0.0%	0.05%	0.0%
	AXP	B	0.1%	0.3%	0.1%
	AZO	B	0.38%	0.11%	0.11%
	BA	F	0.03%	0.22%	0.03%
	BAC	D	0.62%	0.56%	0.56%
	BAH	B	0.21%	0.04%	0.04%
	BALL	A	0.02%	0.04%	0.02%
	BAX	A	0.03%	0.04%	0.03%
	BBY	A	0.1%	0.04%	0.04%
	BDX	D	0.26%	0.14%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BG	D	0.05%	0.03%	0.03%
	BIIB	D	0.03%	0.06%	0.03%
	BK	B	0.08%	0.1%	0.08%
	BKNG	C	0.03%	0.27%	0.03%
	BKR	D	0.03%	0.07%	0.03%
	BLDR	C	0.08%	0.04%	0.04%
	BLK	B	0.4%	0.27%	0.27%
	BMRN	D	0.12%	0.04%	0.04%
	BMY	B	0.32%	0.21%	0.21%
	BR	C	0.03%	0.05%	0.03%
	BRK.A	B	1.15%	1.73%	1.15%
	BRO	A	0.01%	0.05%	0.01%
	BSX	A	0.04%	0.24%	0.04%
	BSY	D	0.0%	0.01%	0.0%
	BURL	B	0.01%	0.03%	0.01%
	BX	B	0.04%	0.21%	0.04%
	BXP	A	0.01%	0.02%	0.01%
	C	D	0.41%	0.24%	0.24%
	CAG	A	0.03%	0.03%	0.03%
	CAH	A	0.12%	0.06%	0.06%
	CARR	B	0.03%	0.12%	0.03%
	CAT	C	0.57%	0.35%	0.35%
	CB	A	0.67%	0.23%	0.23%
	CBRE	B	0.04%	0.07%	0.04%
	CCI	A	0.03%	0.1%	0.03%
	CCK	A	0.02%	0.02%	0.02%
	CCL	D	0.01%	0.03%	0.01%
	CDNS	D	0.26%	0.15%	0.15%
	CDW	D	0.24%	0.06%	0.06%
	CE	F	0.02%	0.03%	0.02%
	CEG	D	0.02%	0.13%	0.02%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.06%	0.04%	0.04%
	CG	D	0.01%	0.02%	0.01%
	CHD	A	0.14%	0.05%	0.05%
	CHTR	C	0.08%	0.07%	0.07%
	CI	B	0.28%	0.21%	0.21%
	CINF	B	0.03%	0.04%	0.03%
	CL	A	0.2%	0.18%	0.18%
	CLX	A	0.01%	0.04%	0.01%
	CMCSA	C	0.39%	0.32%	0.32%
	CME	A	0.22%	0.16%	0.16%
	CMG	D	0.21%	0.16%	0.16%
	CMI	B	0.14%	0.09%	0.09%
	CMS	A	0.09%	0.04%	0.04%
	CNC	D	0.11%	0.09%	0.09%
	CNH	C	0.02%	0.02%	0.02%
	CNP	D	0.02%	0.04%	0.02%
	COF	C	0.13%	0.11%	0.11%
	COIN	F	0.01%	0.08%	0.01%
	COP	D	0.17%	0.27%	0.17%
	COST	B	1.32%	0.81%	0.81%
	CPAY	B	0.01%	0.04%	0.01%
	CPB	A	0.15%	0.02%	0.02%
	CPRT	D	0.14%	0.09%	0.09%
	CPT	B	0.01%	0.03%	0.01%
	CRBG	C	0.02%	0.01%	0.01%
	CRL	F	0.01%	0.02%	0.01%
	CRM	D	0.09%	0.5%	0.09%
	CRWD	F	0.05%	0.13%	0.05%
	CSCO	B	1.19%	0.42%	0.42%
	CSGP	C	0.01%	0.06%	0.01%
	CSX	D	0.05%	0.14%	0.05%
	CTAS	B	0.23%	0.14%	0.14%
	CTRA	F	0.03%	0.04%	0.03%
	CTSH	B	0.4%	0.08%	0.08%
	CTVA	B	0.17%	0.08%	0.08%
	CVS	F	0.33%	0.15%	0.15%
	CVX	F	0.5%	0.52%	0.5%
	D	A	0.14%	0.1%	0.1%
	DAL	D	0.01%	0.05%	0.01%
	DASH	B	0.01%	0.08%	0.01%
	DAY	C	0.0%	0.02%	0.0%
	DD	C	0.04%	0.07%	0.04%
	DDOG	D	0.0%	0.07%	0.0%
	DE	B	0.11%	0.2%	0.11%
	DECK	C	0.08%	0.05%	0.05%
	DELL	F	0.05%	0.06%	0.05%
	DFS	C	0.06%	0.07%	0.06%
	DG	F	0.02%	0.04%	0.02%
	DGX	B	0.06%	0.04%	0.04%
	DHI	B	0.22%	0.12%	0.12%
	DHR	B	0.1%	0.37%	0.1%
	DIS	F	0.14%	0.34%	0.14%
	DLR	D	0.03%	0.1%	0.03%
	DLTR	F	0.02%	0.04%	0.02%
	DOC	B	0.01%	0.03%	0.01%
	DOCU	A	0.0%	0.02%	0.0%
	DOV	C	0.02%	0.05%	0.02%
	DOW	D	0.07%	0.08%	0.07%
	DPZ	D	0.06%	0.03%	0.03%
	DRI	A	0.01%	0.04%	0.01%
	DT	A	0.0%	0.03%	0.0%
	DTE	B	0.1%	0.05%	0.05%
	DUK	A	0.64%	0.18%	0.18%
	DVN	F	0.05%	0.06%	0.05%
	DXCM	F	0.0%	0.06%	0.0%
	EA	C	0.29%	0.08%	0.08%
	EBAY	A	0.02%	0.06%	0.02%
	ECL	B	0.02%	0.13%	0.02%
	ED	A	0.47%	0.07%	0.07%
	EFX	B	0.02%	0.08%	0.02%
	EG	B	0.19%	0.03%	0.03%
	EIX	A	0.05%	0.07%	0.05%
	EL	F	0.02%	0.04%	0.02%
	ELS	A	0.0%	0.03%	0.0%
	ELV	B	0.41%	0.26%	0.26%
	EMN	C	0.02%	0.02%	0.02%
	EMR	D	0.04%	0.12%	0.04%
	ENPH	D	0.05%	0.03%	0.03%
	ENTG	D	0.01%	0.03%	0.01%
	EOG	D	0.15%	0.15%	0.15%
	EPAM	C	0.04%	0.02%	0.02%
	EQH	C	0.02%	0.03%	0.02%
	EQIX	B	0.02%	0.16%	0.02%
	EQR	B	0.02%	0.05%	0.02%
	EQT	D	0.02%	0.04%	0.02%
	ES	A	0.03%	0.05%	0.03%
	ESS	B	0.01%	0.04%	0.01%
	ETN	D	0.04%	0.25%	0.04%
	ETR	A	0.04%	0.05%	0.04%
	EVRG	A	0.02%	0.03%	0.02%
	EW	F	0.13%	0.09%	0.09%
	EXAS	B	0.0%	0.02%	0.0%
	EXC	A	0.06%	0.08%	0.06%
	EXPD	D	0.07%	0.04%	0.04%
	EXPE	C	0.01%	0.04%	0.01%
	EXR	B	0.03%	0.08%	0.03%
	F	D	0.17%	0.09%	0.09%
	FANG	D	0.24%	0.07%	0.07%
	FAST	D	0.13%	0.08%	0.08%
	FCNCA	C	0.31%	0.05%	0.05%
	FCX	D	0.04%	0.13%	0.04%
	FDS	C	0.05%	0.03%	0.03%
	FDX	D	0.12%	0.14%	0.12%
	FE	A	0.03%	0.05%	0.03%
	FFIV	B	0.2%	0.02%	0.02%
	FICO	A	0.16%	0.09%	0.09%
	FIS	A	0.03%	0.09%	0.03%
	FITB	B	0.06%	0.06%	0.06%
	FNF	B	0.02%	0.03%	0.02%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	C	0.03%	0.05%	0.03%
	FTNT	B	0.01%	0.1%	0.01%
	FTV	D	0.02%	0.05%	0.02%
	GD	B	0.07%	0.14%	0.07%
	GDDY	C	0.3%	0.05%	0.05%
	GE	C	0.11%	0.39%	0.11%
	GEHC	B	0.03%	0.07%	0.03%
	GEV	A	0.03%	0.11%	0.03%
	GILD	A	0.4%	0.2%	0.2%
	GIS	A	0.3%	0.08%	0.08%
	GLW	C	0.13%	0.07%	0.07%
	GM	B	0.28%	0.12%	0.12%
	GOOG	D	1.04%	1.76%	1.04%
	GOOGL	D	1.12%	1.95%	1.12%
	GPC	D	0.02%	0.04%	0.02%
	GPN	C	0.04%	0.06%	0.04%
	GRMN	B	0.18%	0.06%	0.06%
	GS	C	0.26%	0.34%	0.26%
	GWW	C	0.16%	0.09%	0.09%
	HAL	F	0.03%	0.06%	0.03%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	B	0.07%	0.16%	0.07%
	HD	B	0.32%	0.75%	0.32%
	HEI	B	0.0%	0.03%	0.0%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HES	F	0.02%	0.08%	0.02%
	HIG	B	0.09%	0.07%	0.07%
	HII	B	0.01%	0.02%	0.01%
	HLT	C	0.01%	0.11%	0.01%
	HOLX	A	0.08%	0.04%	0.04%
	HON	D	0.49%	0.28%	0.28%
	HPE	D	0.06%	0.05%	0.05%
	HPQ	D	0.07%	0.07%	0.07%
	HRL	A	0.08%	0.02%	0.02%
	HST	D	0.01%	0.03%	0.01%
	HSY	A	0.22%	0.06%	0.06%
	HUBB	C	0.06%	0.04%	0.04%
	HUBS	F	0.06%	0.05%	0.05%
	HUM	D	0.27%	0.09%	0.09%
	HWM	B	0.01%	0.08%	0.01%
	IBM	A	0.69%	0.37%	0.37%
	ICE	A	0.15%	0.19%	0.15%
	IDXX	D	0.14%	0.08%	0.08%
	IEX	D	0.04%	0.03%	0.03%
	IFF	A	0.02%	0.05%	0.02%
	ILMN	B	0.01%	0.04%	0.01%
	INCY	C	0.18%	0.02%	0.02%
	INTC	F	0.14%	0.18%	0.14%
	INTU	D	0.04%	0.36%	0.04%
	INVH	B	0.01%	0.04%	0.01%
	IP	B	0.03%	0.03%	0.03%
	IPG	B	0.02%	0.03%	0.02%
	IQV	B	0.03%	0.09%	0.03%
	IR	D	0.02%	0.08%	0.02%
	IRM	B	0.01%	0.07%	0.01%
	ISRG	B	0.03%	0.35%	0.03%
	IT	B	0.12%	0.08%	0.08%
	ITW	C	0.25%	0.15%	0.15%
	J	C	0.02%	0.04%	0.02%
	JBHT	C	0.05%	0.03%	0.03%
	JCI	C	0.04%	0.1%	0.04%
	JKHY	B	0.04%	0.03%	0.03%
	JNJ	B	1.84%	0.81%	0.81%
	JNPR	A	0.18%	0.03%	0.03%
	JPM	B	0.98%	1.31%	0.98%
	K	A	0.3%	0.04%	0.04%
	KDP	A	0.28%	0.08%	0.08%
	KEY	B	0.04%	0.03%	0.03%
	KEYS	C	0.27%	0.05%	0.05%
	KHC	A	0.21%	0.06%	0.06%
	KIM	A	0.02%	0.03%	0.02%
	KKR	B	0.03%	0.17%	0.03%
	KLAC	D	0.36%	0.22%	0.22%
	KMB	A	0.11%	0.1%	0.1%
	KMI	B	0.05%	0.09%	0.05%
	KMX	C	0.03%	0.03%	0.03%
	KO	B	0.98%	0.58%	0.58%
	KR	C	0.3%	0.07%	0.07%
	KVUE	A	0.04%	0.08%	0.04%
	L	B	0.13%	0.03%	0.03%
	LDOS	B	0.02%	0.04%	0.02%
	LEN	B	0.07%	0.0%	0.0%
	LEN	B	0.07%	0.09%	0.07%
	LHX	C	0.04%	0.09%	0.04%
	LII	C	0.01%	0.04%	0.01%
	LIN	B	0.17%	0.47%	0.17%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	B	2.51%	1.63%	1.63%
	LMT	A	0.8%	0.25%	0.25%
	LNG	B	0.05%	0.09%	0.05%
	LNT	A	0.05%	0.03%	0.03%
	LOW	B	0.12%	0.29%	0.12%
	LPLA	D	0.05%	0.03%	0.03%
	LRCX	F	0.34%	0.21%	0.21%
	LULU	F	0.1%	0.06%	0.06%
	LUV	A	0.01%	0.04%	0.01%
	LVS	D	0.01%	0.03%	0.01%
	LW	D	0.03%	0.02%	0.02%
	LYB	D	0.05%	0.05%	0.05%
	LYV	D	0.01%	0.03%	0.01%
	MA	B	1.61%	0.81%	0.81%
	MAA	B	0.01%	0.04%	0.01%
	MAR	D	0.02%	0.12%	0.02%
	MAS	B	0.01%	0.04%	0.01%
	MCD	A	0.51%	0.43%	0.43%
	MCHP	D	0.12%	0.09%	0.09%
	MCK	D	0.59%	0.15%	0.15%
	MCO	B	0.22%	0.16%	0.16%
	MDB	C	0.0%	0.04%	0.0%
	MDLZ	A	0.26%	0.19%	0.19%
	MDT	A	0.16%	0.24%	0.16%
	MELI	B	0.08%	0.2%	0.08%
	MET	B	0.08%	0.09%	0.08%
	META	C	2.2%	2.33%	2.2%
	MGM	F	0.01%	0.02%	0.01%
	MKC	A	0.01%	0.04%	0.01%
	MKL	C	0.14%	0.04%	0.04%
	MLM	D	0.02%	0.07%	0.02%
	MMC	A	0.74%	0.23%	0.23%
	MMM	B	0.29%	0.15%	0.15%
	MNST	D	0.11%	0.07%	0.07%
	MO	A	0.07%	0.19%	0.07%
	MOH	C	0.15%	0.04%	0.04%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.36%	0.12%	0.12%
	MPWR	C	0.11%	0.09%	0.09%
	MRK	D	0.57%	0.61%	0.57%
	MRNA	F	0.03%	0.05%	0.03%
	MRO	C	0.04%	0.03%	0.03%
	MRVL	D	0.02%	0.12%	0.02%
	MS	C	0.16%	0.26%	0.16%
	MSCI	B	0.01%	0.09%	0.01%
	MSFT	D	2.73%	6.3%	2.73%
	MSI	B	0.58%	0.15%	0.15%
	MTB	B	0.07%	0.06%	0.06%
	MTD	C	0.01%	0.06%	0.01%
	MU	F	0.06%	0.22%	0.06%
	NBIX	D	0.12%	0.03%	0.03%
	NDAQ	A	0.02%	0.06%	0.02%
	NEE	A	0.11%	0.34%	0.11%
	NEM	B	0.24%	0.13%	0.13%
	NET	F	0.0%	0.05%	0.0%
	NFLX	B	0.12%	0.61%	0.12%
	NI	A	0.02%	0.03%	0.02%
	NKE	C	0.31%	0.2%	0.2%
	NOC	B	0.6%	0.16%	0.16%
	NOW	B	0.23%	0.35%	0.23%
	NRG	C	0.02%	0.04%	0.02%
	NSC	B	0.05%	0.12%	0.05%
	NTAP	D	0.16%	0.05%	0.05%
	NTRS	B	0.03%	0.04%	0.03%
	NUE	F	0.07%	0.07%	0.07%
	NVDA	D	2.12%	5.75%	2.12%
	NVR	B	0.11%	0.06%	0.06%
	NWSA	C	0.01%	0.02%	0.01%
	NXPI	D	0.03%	0.13%	0.03%
	O	A	0.05%	0.11%	0.05%
	OC	D	0.02%	0.03%	0.02%
	ODFL	D	0.13%	0.07%	0.07%
	OKE	A	0.05%	0.11%	0.05%
	OKTA	F	0.0%	0.03%	0.0%
	OMC	B	0.07%	0.04%	0.04%
	ON	D	0.03%	0.07%	0.03%
	ORCL	A	0.42%	0.46%	0.42%
	ORLY	B	0.25%	0.14%	0.14%
	OTIS	D	0.04%	0.08%	0.04%
	OXY	F	0.11%	0.07%	0.07%
	PANW	B	0.29%	0.24%	0.24%
	PAYC	D	0.03%	0.02%	0.02%
	PAYX	B	0.16%	0.09%	0.09%
	PCAR	D	0.05%	0.1%	0.05%
	PCG	A	0.06%	0.09%	0.06%
	PEG	B	0.04%	0.08%	0.04%
	PEP	A	1.17%	0.49%	0.49%
	PFE	D	0.38%	0.33%	0.33%
	PFG	D	0.03%	0.04%	0.03%
	PG	A	0.64%	0.82%	0.64%
	PGR	A	0.66%	0.3%	0.3%
	PH	B	0.03%	0.16%	0.03%
	PHM	B	0.11%	0.06%	0.06%
	PINS	F	0.0%	0.04%	0.0%
	PKG	B	0.08%	0.04%	0.04%
	PLD	B	0.09%	0.24%	0.09%
	PLTR	B	0.0%	0.13%	0.0%
	PM	A	0.12%	0.39%	0.12%
	PNC	B	0.15%	0.15%	0.15%
	PNR	B	0.01%	0.03%	0.01%
	PODD	A	0.0%	0.03%	0.0%
	POOL	C	0.04%	0.03%	0.03%
	PPG	D	0.03%	0.06%	0.03%
	PPL	A	0.03%	0.05%	0.03%
	PRU	C	0.08%	0.09%	0.08%
	PSA	A	0.15%	0.11%	0.11%
	PSX	D	0.15%	0.12%	0.12%
	PTC	D	0.17%	0.04%	0.04%
	PWR	C	0.02%	0.08%	0.02%
	PYPL	B	0.07%	0.16%	0.07%
	QCOM	F	0.58%	0.39%	0.39%
	QRVO	D	0.01%	0.02%	0.01%
	RBLX	B	0.0%	0.05%	0.0%
	RCL	C	0.01%	0.08%	0.01%
	REG	A	0.01%	0.02%	0.01%
	REGN	B	0.41%	0.26%	0.26%
	RF	B	0.05%	0.04%	0.04%
	RJF	D	0.03%	0.05%	0.03%
	RMD	A	0.1%	0.07%	0.07%
	ROK	D	0.09%	0.06%	0.06%
	ROL	B	0.18%	0.03%	0.03%
	ROP	C	0.49%	0.12%	0.12%
	ROST	B	0.03%	0.1%	0.03%
	RPRX	B	0.01%	0.02%	0.01%
	RSG	B	0.55%	0.09%	0.09%
	RTX	B	0.19%	0.33%	0.19%
	SBAC	A	0.01%	0.05%	0.01%
	SBUX	B	0.06%	0.22%	0.06%
	SCHW	D	0.06%	0.19%	0.06%
	SHW	B	0.25%	0.17%	0.17%
	SJM	A	0.02%	0.02%	0.02%
	SLB	F	0.05%	0.13%	0.05%
	SMCI	F	0.06%	0.05%	0.05%
	SNA	D	0.05%	0.03%	0.03%
	SNAP	F	0.0%	0.02%	0.0%
	SNOW	F	0.0%	0.08%	0.0%
	SNPS	D	0.26%	0.16%	0.16%
	SO	A	0.56%	0.19%	0.19%
	SPG	B	0.03%	0.1%	0.03%
	SPGI	A	0.07%	0.33%	0.07%
	SQ	D	0.02%	0.08%	0.02%
	SRE	B	0.06%	0.11%	0.06%
	SSNC	B	0.02%	0.03%	0.02%
	STE	A	0.01%	0.05%	0.01%
	STLD	D	0.03%	0.04%	0.03%
	STT	B	0.05%	0.05%	0.05%
	STX	D	0.07%	0.04%	0.04%
	STZ	B	0.02%	0.08%	0.02%
	SUI	A	0.01%	0.03%	0.01%
	SW	D	0.02%	0.05%	0.02%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	D	0.06%	0.04%	0.04%
	SYF	C	0.05%	0.04%	0.04%
	SYK	A	0.05%	0.26%	0.05%
	SYY	A	0.05%	0.08%	0.05%
	T	A	0.64%	0.29%	0.29%
	TAP	C	0.02%	0.02%	0.02%
	TDG	B	0.01%	0.16%	0.01%
	TDY	B	0.2%	0.04%	0.04%
	TEAM	F	0.0%	0.05%	0.0%
	TECH	D	0.0%	0.02%	0.0%
	TEL	C	0.18%	0.1%	0.1%
	TER	D	0.06%	0.04%	0.04%
	TFC	B	0.15%	0.12%	0.12%
	TFX	A	0.01%	0.02%	0.01%
	TGT	B	0.1%	0.15%	0.1%
	TJX	B	0.56%	0.27%	0.27%
	TMO	A	0.13%	0.48%	0.13%
	TMUS	B	0.68%	0.16%	0.16%
	TPL	C	0.05%	0.03%	0.03%
	TRGP	A	0.02%	0.07%	0.02%
	TRMB	D	0.01%	0.03%	0.01%
	TROW	D	0.08%	0.05%	0.05%
	TRU	B	0.01%	0.04%	0.01%
	TRV	A	0.43%	0.11%	0.11%
	TSCO	B	0.09%	0.06%	0.06%
	TSLA	D	0.19%	1.17%	0.19%
	TSN	A	0.31%	0.04%	0.04%
	TT	B	0.23%	0.17%	0.17%
	TTD	B	0.0%	0.09%	0.0%
	TTWO	B	0.01%	0.05%	0.01%
	TWLO	D	0.01%	0.02%	0.01%
	TXN	C	1.1%	0.39%	0.39%
	TXT	D	0.02%	0.04%	0.02%
	TYL	A	0.01%	0.05%	0.01%
	UBER	B	0.18%	0.3%	0.18%
	UDR	B	0.01%	0.03%	0.01%
	UHS	B	0.02%	0.03%	0.02%
	ULTA	D	0.08%	0.04%	0.04%
	UNH	A	2.32%	1.12%	1.12%
	UNP	B	0.09%	0.32%	0.09%
	UPS	F	0.11%	0.19%	0.11%
	URI	C	0.03%	0.1%	0.03%
	USB	B	0.15%	0.15%	0.15%
	V	A	1.78%	0.89%	0.89%
	VEEV	A	0.09%	0.07%	0.07%
	VICI	A	0.04%	0.07%	0.04%
	VLO	D	0.15%	0.09%	0.09%
	VLTO	B	0.09%	0.05%	0.05%
	VMC	D	0.01%	0.07%	0.01%
	VRSK	C	0.15%	0.08%	0.08%
	VRSN	C	0.23%	0.03%	0.03%
	VRT	F	0.01%	0.06%	0.01%
	VRTX	D	0.61%	0.26%	0.26%
	VST	C	0.01%	0.06%	0.01%
	VTR	A	0.02%	0.05%	0.02%
	VTRS	C	0.05%	0.03%	0.03%
	VZ	B	0.83%	0.36%	0.36%
	WAB	B	0.02%	0.06%	0.02%
	WAT	B	0.06%	0.04%	0.04%
	WBA	F	0.07%	0.01%	0.01%
	WBD	D	0.09%	0.04%	0.04%
	WDAY	C	0.16%	0.11%	0.11%
	WDC	D	0.02%	0.04%	0.02%
	WEC	A	0.29%	0.06%	0.06%
	WELL	A	0.03%	0.15%	0.03%
	WFC	D	0.4%	0.41%	0.4%
	WLK	D	0.01%	0.01%	0.01%
	WM	D	0.51%	0.16%	0.16%
	WMB	B	0.12%	0.11%	0.11%
	WMT	A	0.89%	0.68%	0.68%
	WPC	A	0.01%	0.03%	0.01%
	WRB	B	0.13%	0.04%	0.04%
	WSO	D	0.05%	0.03%	0.03%
	WST	D	0.06%	0.05%	0.05%
	WTW	A	0.15%	0.06%	0.06%
	WY	C	0.03%	0.05%	0.03%
	WYNN	D	0.0%	0.01%	0.0%
	XEL	A	0.19%	0.07%	0.07%
	XOM	C	0.8%	1.09%	0.8%
	XYL	D	0.01%	0.07%	0.01%
	YUM	B	0.19%	0.08%	0.08%
	Z	B	0.01%	0.02%	0.01%
	ZBH	D	0.02%	0.05%	0.02%
	ZBRA	C	0.01%	0.04%	0.01%
	ZM	B	0.01%	0.03%	0.01%
	ZS	F	0.0%	0.04%	0.0%
	ZTS	A	0.27%	0.17%	0.17%

QUS Overweight 51 Positions Relative to BBUS

	Symbol	Grade	Weight
	WCN	B	0.55%
	CBOE	A	0.31%
	ERIE	A	0.21%
	AIZ	B	0.12%
	UTHR	B	0.1%
	SOLV	B	0.06%
	EME	C	0.06%
	WSM	D	0.06%
	MANH	B	0.06%
	TW	B	0.06%
	KNX	D	0.04%
	GGG	D	0.04%
	CHK	F	0.03%
	SEIC	D	0.03%
	DINO	F	0.03%
	PARA	F	0.03%
	MKTX	A	0.03%
	OVV	F	0.03%
	TTC	D	0.03%
	ALLY	C	0.03%
	AOS	D	0.03%
	CHRD	F	0.02%
	DKS	C	0.02%
	CHRW	B	0.02%
	RS	D	0.02%
	JBL	F	0.02%
	BBWI	F	0.01%
	BIO	A	0.01%
	NDSN	C	0.01%
	MTCH	B	0.01%
	RIVN	F	0.01%
	AMH	A	0.01%
	CTLT	A	0.01%
	DVA	B	0.01%
	UHAL	B	0.01%
	CSL	C	0.01%
	RPM	A	0.01%
	WTRG	D	0.01%
	GLPI	A	0.01%
	ACM	B	0.01%
	HSIC	C	0.01%
	CELH	F	0.0%
	IOT	A	0.0%
	TOST	D	0.0%
	DKNG	D	0.0%
	MSTR	F	0.0%
	PSTG	F	0.0%
	H	C	0.0%
	ROKU	C	0.0%
	HOOD	D	0.0%
	APP	B	0.0%

QUS Underweight 11 Positions Relative to BBUS

	Symbol	Grade	Weight
	CPNG	B	-0.05%
	FLEX	C	-0.03%
	UAL	C	-0.03%
	RGA	B	-0.03%
	SCCO	D	-0.02%
	EWBC	C	-0.02%
	AGR	B	-0.01%
	ZG	B	-0.01%
	NWS	C	-0.01%
	U	D	-0.01%
	SIRI	F	-0.0%

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Diagnostics & Research 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 Electronics Dow Jones Component Aerospace Chemical Telecommunications Real Estate Investment Trust Bank Medicine Semiconductor Cloud Computing Banking IBD 50 Insurance Products Mining

BBUS: Top Represented Industries & Keywords

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

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