QUS vs. GGUS ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS)

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

$159.06

Average Daily Volume

15,011

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

GGUS

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

GGUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization growth segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$53.63

Average Daily Volume

26,746

Number of Holdings ^*

376

* may have additional holdings in another (foreign) market

Performance

Period	QUS	GGUS
30 Days	-0.81%	2.73%
60 Days	1.62%	4.81%
90 Days	3.00%	6.67%
12 Months	27.56%

243 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in GGUS	Overlap
	AAPL	C	3.24%	11.27%	3.24%
	ABBV	F	0.49%	0.56%	0.49%
	ABNB	D	0.02%	0.25%	0.02%
	ADBE	D	0.71%	0.98%	0.71%
	ADP	B	0.54%	0.5%	0.5%
	ADSK	B	0.16%	0.29%	0.16%
	AJG	B	0.46%	0.02%	0.02%
	ALGN	D	0.01%	0.04%	0.01%
	ALL	A	0.06%	0.04%	0.04%
	ALLY	C	0.03%	0.01%	0.01%
	ALNY	D	0.07%	0.11%	0.07%
	AMAT	F	0.48%	0.57%	0.48%
	AMD	F	0.06%	0.65%	0.06%
	AMGN	D	0.27%	0.51%	0.27%
	AMP	A	0.04%	0.23%	0.04%
	AMT	D	0.04%	0.41%	0.04%
	AMZN	B	0.69%	4.31%	0.69%
	ANET	C	0.39%	0.42%	0.39%
	APH	B	0.71%	0.21%	0.21%
	APO	A	0.03%	0.28%	0.03%
	APP	A	0.02%	0.34%	0.02%
	ARES	A	0.01%	0.13%	0.01%
	AVGO	C	0.58%	3.32%	0.58%
	AVY	D	0.01%	0.03%	0.01%
	AXON	A	0.0%	0.19%	0.0%
	AXP	B	0.11%	0.26%	0.11%
	AZO	C	0.36%	0.22%	0.22%
	BA	D	0.02%	0.07%	0.02%
	BAH	D	0.2%	0.08%	0.08%
	BKNG	A	0.04%	0.71%	0.04%
	BLDR	D	0.08%	0.01%	0.01%
	BR	B	0.03%	0.11%	0.03%
	BRO	B	0.01%	0.05%	0.01%
	BSY	D	0.0%	0.03%	0.0%
	BURL	A	0.01%	0.08%	0.01%
	BX	A	0.05%	0.57%	0.05%
	CAH	B	0.12%	0.08%	0.08%
	CAT	C	0.63%	0.12%	0.12%
	CDNS	B	0.29%	0.35%	0.29%
	CDW	F	0.19%	0.05%	0.05%
	CE	F	0.01%	0.01%	0.01%
	CEG	C	0.03%	0.05%	0.03%
	CELH	F	0.0%	0.02%	0.0%
	CI	D	0.24%	0.04%	0.04%
	CL	D	0.17%	0.19%	0.17%
	CLX	A	0.01%	0.09%	0.01%
	CMG	C	0.22%	0.35%	0.22%
	COIN	A	0.01%	0.24%	0.01%
	COR	B	0.35%	0.18%	0.18%
	COST	A	1.31%	1.8%	1.31%
	CPAY	A	0.02%	0.11%	0.02%
	CPRT	B	0.14%	0.2%	0.14%
	CRM	B	0.12%	1.13%	0.12%
	CRWD	B	0.06%	0.34%	0.06%
	CSL	C	0.01%	0.01%	0.01%
	CTAS	B	0.23%	0.31%	0.23%
	DASH	A	0.01%	0.23%	0.01%
	DAY	B	0.0%	0.0%	0.0%
	DDOG	A	0.0%	0.17%	0.0%
	DECK	A	0.09%	0.12%	0.09%
	DELL	B	0.06%	0.02%	0.02%
	DKNG	B	0.0%	0.08%	0.0%
	DKS	D	0.01%	0.0%	0.0%
	DOCU	B	0.0%	0.07%	0.0%
	DPZ	C	0.07%	0.02%	0.02%
	DRI	C	0.02%	0.05%	0.02%
	DT	C	0.0%	0.07%	0.0%
	DVA	C	0.01%	0.04%	0.01%
	DXCM	C	0.0%	0.13%	0.0%
	ECL	D	0.02%	0.23%	0.02%
	EFX	F	0.01%	0.03%	0.01%
	EG	D	0.18%	0.01%	0.01%
	EL	F	0.01%	0.02%	0.01%
	ELV	F	0.29%	0.07%	0.07%
	EME	A	0.08%	0.04%	0.04%
	ENPH	F	0.02%	0.04%	0.02%
	ENTG	F	0.01%	0.07%	0.01%
	EPAM	C	0.04%	0.0%	0.0%
	EQH	B	0.02%	0.07%	0.02%
	EQIX	A	0.02%	0.02%	0.02%
	EQT	A	0.03%	0.01%	0.01%
	EW	C	0.12%	0.04%	0.04%
	EXAS	D	0.0%	0.02%	0.0%
	EXPD	D	0.06%	0.01%	0.01%
	EXPE	B	0.02%	0.1%	0.02%
	FAST	B	0.15%	0.17%	0.15%
	FDS	B	0.05%	0.03%	0.03%
	FI	A	0.31%	0.17%	0.17%
	FICO	B	0.2%	0.2%	0.2%
	FTNT	B	0.01%	0.21%	0.01%
	GDDY	A	0.34%	0.12%	0.12%
	GE	D	0.11%	0.18%	0.11%
	GEHC	D	0.03%	0.01%	0.01%
	GOOG	B	1.12%	1.92%	1.12%
	GOOGL	B	1.2%	2.28%	1.2%
	GS	B	0.3%	0.22%	0.22%
	GWW	B	0.2%	0.19%	0.19%
	H	B	0.0%	0.0%	0.0%
	HCA	F	0.06%	0.07%	0.06%
	HD	A	0.35%	1.43%	0.35%
	HEI	A	0.0%	0.05%	0.0%
	HEI	A	0.0%	0.08%	0.0%
	HEI	A	0.0%	0.05%	0.0%
	HEI	A	0.0%	0.08%	0.0%
	HES	B	0.02%	0.12%	0.02%
	HLT	A	0.01%	0.14%	0.01%
	HON	B	0.53%	0.1%	0.1%
	HPQ	B	0.07%	0.04%	0.04%
	HSY	F	0.18%	0.02%	0.02%
	HUBS	B	0.08%	0.15%	0.08%
	HWM	A	0.01%	0.01%	0.01%
	IDXX	F	0.12%	0.15%	0.12%
	INCY	C	0.2%	0.0%	0.0%
	INTU	B	0.04%	0.82%	0.04%
	IQV	F	0.02%	0.02%	0.02%
	IRM	C	0.01%	0.09%	0.01%
	ISRG	A	0.04%	0.83%	0.04%
	IT	C	0.13%	0.17%	0.13%
	ITW	B	0.27%	0.13%	0.13%
	JBL	C	0.03%	0.01%	0.01%
	KKR	A	0.04%	0.13%	0.04%
	KLAC	F	0.29%	0.37%	0.29%
	KMB	C	0.1%	0.08%	0.08%
	KMX	C	0.03%	0.0%	0.0%
	KO	D	0.81%	0.61%	0.61%
	LII	A	0.01%	0.09%	0.01%
	LLY	F	1.92%	2.56%	1.92%
	LMT	D	0.72%	0.16%	0.16%
	LNG	A	0.05%	0.11%	0.05%
	LPLA	A	0.07%	0.1%	0.07%
	LRCX	F	0.3%	0.41%	0.3%
	LULU	C	0.12%	0.16%	0.12%
	LVS	B	0.01%	0.08%	0.01%
	LW	C	0.03%	0.02%	0.02%
	LYV	A	0.01%	0.09%	0.01%
	MA	B	1.69%	1.9%	1.69%
	MANH	D	0.07%	0.07%	0.07%
	MCD	D	0.5%	0.06%	0.06%
	MCK	A	0.61%	0.15%	0.15%
	MCO	D	0.21%	0.33%	0.21%
	MDB	C	0.0%	0.09%	0.0%
	META	C	2.32%	3.54%	2.32%
	MKL	A	0.15%	0.02%	0.02%
	MLM	B	0.02%	0.01%	0.01%
	MMC	D	0.69%	0.07%	0.07%
	MMM	D	0.28%	0.06%	0.06%
	MNST	C	0.12%	0.13%	0.12%
	MOH	F	0.13%	0.05%	0.05%
	MPWR	F	0.07%	0.12%	0.07%
	MRK	F	0.46%	1.08%	0.46%
	MRVL	B	0.02%	0.03%	0.02%
	MS	A	0.21%	0.04%	0.04%
	MSCI	B	0.01%	0.12%	0.01%
	MSFT	D	2.7%	4.36%	2.7%
	MSI	B	0.63%	0.17%	0.17%
	MSTR	A	0.0%	0.02%	0.0%
	NBIX	C	0.11%	0.05%	0.05%
	NET	B	0.0%	0.12%	0.0%
	NFLX	A	0.14%	1.6%	0.14%
	NKE	F	0.28%	0.25%	0.25%
	NOW	B	0.27%	0.91%	0.27%
	NRG	B	0.03%	0.04%	0.03%
	NTAP	C	0.16%	0.05%	0.05%
	NVDA	A	2.76%	11.16%	2.76%
	ODFL	B	0.13%	0.19%	0.13%
	OKTA	D	0.0%	0.02%	0.0%
	ORCL	A	0.53%	1.28%	0.53%
	ORLY	B	0.26%	0.28%	0.26%
	PANW	B	0.32%	0.52%	0.32%
	PAYC	B	0.03%	0.03%	0.03%
	PAYX	B	0.16%	0.07%	0.07%
	PEP	F	1.01%	0.76%	0.76%
	PG	C	0.59%	0.39%	0.39%
	PGR	B	0.65%	0.56%	0.56%
	PINS	F	0.0%	0.08%	0.0%
	PLTR	A	0.01%	0.54%	0.01%
	PODD	B	0.0%	0.08%	0.0%
	POOL	D	0.04%	0.06%	0.04%
	PSA	C	0.14%	0.04%	0.04%
	PSTG	F	0.0%	0.06%	0.0%
	PTC	B	0.18%	0.06%	0.06%
	PWR	A	0.02%	0.06%	0.02%
	QCOM	F	0.55%	0.76%	0.55%
	RBLX	B	0.0%	0.12%	0.0%
	RCL	A	0.01%	0.09%	0.01%
	REGN	F	0.25%	0.03%	0.03%
	RMD	C	0.09%	0.04%	0.04%
	ROK	B	0.1%	0.01%	0.01%
	ROKU	D	0.0%	0.01%	0.0%
	ROL	B	0.17%	0.06%	0.06%
	ROST	D	0.03%	0.05%	0.03%
	RPM	B	0.01%	0.02%	0.01%
	SBUX	A	0.06%	0.39%	0.06%
	SCHW	A	0.07%	0.05%	0.05%
	SHW	C	0.26%	0.35%	0.26%
	SMCI	F	0.03%	0.05%	0.03%
	SNOW	C	0.0%	0.18%	0.0%
	SNPS	C	0.28%	0.35%	0.28%
	SPG	A	0.03%	0.07%	0.03%
	SQ	A	0.03%	0.1%	0.03%
	SYK	A	0.05%	0.18%	0.05%
	SYY	D	0.05%	0.1%	0.05%
	TDG	D	0.01%	0.06%	0.01%
	TEAM	A	0.0%	0.17%	0.0%
	TER	F	0.04%	0.06%	0.04%
	TJX	A	0.56%	0.35%	0.35%
	TOST	A	0.0%	0.08%	0.0%
	TPL	A	0.09%	0.11%	0.09%
	TRGP	A	0.03%	0.19%	0.03%
	TRU	D	0.01%	0.0%	0.0%
	TSCO	D	0.09%	0.13%	0.09%
	TSLA	A	0.28%	4.14%	0.28%
	TT	A	0.26%	0.14%	0.14%
	TTD	B	0.01%	0.23%	0.01%
	TW	A	0.07%	0.03%	0.03%
	TWLO	A	0.01%	0.01%	0.01%
	TXN	C	1.06%	0.1%	0.1%
	TYL	B	0.01%	0.1%	0.01%
	UBER	F	0.18%	0.61%	0.18%
	UHAL	D	0.01%	0.01%	0.01%
	ULTA	F	0.08%	0.07%	0.07%
	UNH	C	2.21%	0.16%	0.16%
	UNP	D	0.08%	0.3%	0.08%
	URI	B	0.04%	0.06%	0.04%
	V	A	1.91%	2.16%	1.91%
	VEEV	C	0.08%	0.14%	0.08%
	VLTO	C	0.08%	0.05%	0.05%
	VMC	B	0.02%	0.04%	0.02%
	VRSK	B	0.15%	0.18%	0.15%
	VRSN	F	0.22%	0.0%	0.0%
	VRT	A	0.01%	0.19%	0.01%
	VRTX	D	0.57%	0.27%	0.27%
	VST	A	0.02%	0.23%	0.02%
	WAT	C	0.07%	0.06%	0.06%
	WDAY	C	0.15%	0.24%	0.15%
	WM	B	0.52%	0.39%	0.39%
	WSM	D	0.06%	0.05%	0.05%
	WST	D	0.06%	0.06%	0.06%
	WYNN	D	0.0%	0.0%	0.0%
	YUM	D	0.19%	0.06%	0.06%
	ZBRA	B	0.01%	0.02%	0.01%
	ZS	B	0.0%	0.08%	0.0%
	ZTS	D	0.25%	0.29%	0.25%

QUS Overweight 342 Positions Relative to GGUS

	Symbol	Grade	Weight
	JNJ	D	1.64%
	CSCO	B	1.34%
	ACN	C	1.18%
	BRK.A	B	1.1%
	JPM	A	1.06%
	WMT	A	0.94%
	VZ	C	0.81%
	XOM	B	0.81%
	TMUS	B	0.78%
	T	A	0.69%
	BAC	A	0.69%
	IBM	C	0.67%
	CB	C	0.65%
	DUK	C	0.6%
	CVX	A	0.55%
	NOC	D	0.55%
	RSG	A	0.54%
	SO	C	0.54%
	WCN	A	0.53%
	WFC	A	0.5%
	TRV	A	0.47%
	ROP	C	0.46%
	BLK	B	0.46%
	C	B	0.45%
	GILD	C	0.43%
	ED	C	0.42%
	CMCSA	B	0.42%
	CTSH	C	0.39%
	ACGL	D	0.38%
	FCNCA	A	0.34%
	BMY	A	0.34%
	PFE	F	0.33%
	GM	B	0.32%
	MPC	D	0.32%
	EA	A	0.31%
	KR	B	0.31%
	TSN	B	0.3%
	WEC	A	0.29%
	K	B	0.29%
	CBOE	C	0.29%
	CVS	F	0.29%
	KEYS	C	0.26%
	GIS	F	0.25%
	BDX	F	0.24%
	CME	A	0.23%
	FFIV	B	0.23%
	KDP	D	0.23%
	AFL	C	0.22%
	MDLZ	F	0.22%
	FANG	D	0.22%
	AON	B	0.21%
	TDY	B	0.21%
	HUM	D	0.2%
	GRMN	B	0.2%
	XEL	A	0.2%
	DHI	D	0.19%
	AEP	C	0.19%
	INTC	C	0.18%
	KHC	F	0.18%
	RTX	D	0.18%
	NEM	D	0.18%
	JNPR	D	0.17%
	PNC	B	0.17%
	ERIE	F	0.17%
	COF	B	0.17%
	COP	B	0.17%
	CMI	A	0.17%
	DIS	B	0.17%
	ABT	A	0.16%
	TFC	A	0.16%
	WTW	B	0.16%
	USB	B	0.16%
	F	C	0.16%
	CTVA	C	0.16%
	VLO	C	0.15%
	WMB	A	0.15%
	MDT	D	0.15%
	AFG	A	0.15%
	EOG	A	0.15%
	LIN	D	0.15%
	D	C	0.14%
	ADI	D	0.14%
	GLW	B	0.14%
	ICE	C	0.14%
	CHD	A	0.14%
	AKAM	F	0.14%
	PSX	C	0.14%
	LOW	C	0.13%
	GEN	B	0.13%
	CPB	D	0.12%
	AIG	C	0.12%
	FDX	B	0.12%
	WRB	B	0.12%
	L	A	0.12%
	AIZ	A	0.12%
	NVR	D	0.11%
	PHM	D	0.11%
	A	F	0.11%
	AEE	A	0.11%
	PM	A	0.11%
	UPS	C	0.11%
	WBD	B	0.11%
	DTE	C	0.1%
	NEE	C	0.1%
	MCHP	F	0.1%
	OXY	F	0.1%
	UTHR	C	0.1%
	TGT	B	0.1%
	TMO	F	0.1%
	DE	C	0.1%
	DHR	D	0.09%
	PKG	B	0.09%
	CMS	C	0.09%
	MET	A	0.09%
	CHTR	B	0.09%
	HIG	B	0.09%
	BK	B	0.09%
	TROW	B	0.09%
	BBY	D	0.09%
	HRL	D	0.08%
	PYPL	B	0.08%
	PLD	D	0.08%
	BMRN	F	0.08%
	ADM	D	0.08%
	MTB	A	0.08%
	CNC	F	0.08%
	PRU	B	0.08%
	MO	A	0.07%
	STX	D	0.07%
	HUBB	B	0.07%
	SPGI	D	0.07%
	KMI	A	0.07%
	CFG	B	0.07%
	MU	D	0.07%
	OMC	C	0.07%
	GD	D	0.07%
	MELI	D	0.07%
	HOLX	D	0.07%
	NUE	D	0.07%
	DFS	B	0.07%
	PCAR	C	0.06%
	SOLV	F	0.06%
	WSO	A	0.06%
	HBAN	B	0.06%
	EXC	C	0.06%
	STT	B	0.06%
	PCG	A	0.06%
	DGX	A	0.06%
	RF	A	0.06%
	DOW	F	0.06%
	FITB	B	0.06%
	LEN	D	0.06%
	WBA	F	0.06%
	SYF	B	0.06%
	SRE	A	0.06%
	HPE	B	0.06%
	SNA	B	0.06%
	GEV	A	0.05%
	APD	A	0.05%
	APA	F	0.05%
	BG	D	0.05%
	ETR	A	0.05%
	SWKS	F	0.05%
	GGG	B	0.05%
	IEX	B	0.05%
	CBRE	B	0.05%
	LNT	A	0.05%
	ETN	B	0.05%
	JBHT	C	0.05%
	NSC	B	0.05%
	JCI	B	0.05%
	EMR	A	0.05%
	VTRS	A	0.05%
	SLB	C	0.05%
	CSX	C	0.05%
	OKE	A	0.05%
	WELL	A	0.04%
	CARR	D	0.04%
	MRO	A	0.04%
	VICI	C	0.04%
	DLR	A	0.04%
	JKHY	D	0.04%
	ALLE	D	0.04%
	KNX	B	0.04%
	IP	A	0.04%
	PEG	C	0.04%
	PH	B	0.04%
	OTIS	C	0.04%
	GPN	C	0.04%
	DD	D	0.04%
	ATO	A	0.04%
	STLD	B	0.04%
	BSX	A	0.04%
	O	C	0.04%
	KVUE	A	0.04%
	FCX	F	0.04%
	BKR	B	0.04%
	LHX	B	0.04%
	KEY	B	0.04%
	DVN	F	0.04%
	EIX	C	0.04%
	LYB	F	0.04%
	CCI	C	0.03%
	CNH	C	0.03%
	ES	C	0.03%
	PPL	A	0.03%
	RS	B	0.03%
	TTC	F	0.03%
	HAL	C	0.03%
	SW	A	0.03%
	NXPI	F	0.03%
	AOS	F	0.03%
	PARA	D	0.03%
	ACI	C	0.03%
	FSLR	F	0.03%
	WY	D	0.03%
	MKTX	D	0.03%
	CF	A	0.03%
	SEIC	B	0.03%
	OVV	C	0.03%
	LH	B	0.03%
	MOS	D	0.03%
	NTRS	A	0.03%
	CTRA	B	0.03%
	FIS	C	0.03%
	PFG	C	0.03%
	RJF	A	0.03%
	CINF	A	0.03%
	SSNC	C	0.02%
	CCK	D	0.02%
	BALL	D	0.02%
	SJM	D	0.02%
	STZ	D	0.02%
	LKQ	F	0.02%
	LDOS	C	0.02%
	AWK	C	0.02%
	AMCR	D	0.02%
	DLTR	F	0.02%
	EMN	D	0.02%
	WDC	F	0.02%
	NDAQ	A	0.02%
	DOV	B	0.02%
	VTR	B	0.02%
	IR	B	0.02%
	GPC	F	0.02%
	FTV	D	0.02%
	ARE	F	0.02%
	ALB	B	0.02%
	UHS	D	0.02%
	NI	A	0.02%
	IFF	D	0.02%
	J	D	0.02%
	KIM	A	0.02%
	MAR	B	0.02%
	EQR	C	0.02%
	TXT	D	0.02%
	APTV	F	0.02%
	EBAY	D	0.02%
	CAG	F	0.02%
	AVB	B	0.02%
	OC	A	0.02%
	FNF	A	0.02%
	CRBG	B	0.02%
	CNP	A	0.02%
	DG	F	0.02%
	EVRG	A	0.02%
	WAB	B	0.02%
	SWK	F	0.02%
	CHRW	B	0.02%
	ON	F	0.02%
	BIIB	F	0.02%
	ZBH	C	0.02%
	BAX	F	0.02%
	FOXA	B	0.02%
	EXR	C	0.02%
	DINO	D	0.02%
	AME	A	0.02%
	TAP	B	0.02%
	FE	C	0.02%
	PPG	F	0.02%
	HOOD	A	0.01%
	RIVN	F	0.01%
	MTCH	F	0.01%
	MTD	F	0.01%
	BIO	C	0.01%
	LUV	B	0.01%
	BBWI	C	0.01%
	NDSN	D	0.01%
	Z	A	0.01%
	QRVO	F	0.01%
	TFX	F	0.01%
	SBAC	D	0.01%
	ILMN	C	0.01%
	UDR	C	0.01%
	CSGP	F	0.01%
	AMH	C	0.01%
	WLK	F	0.01%
	CRL	D	0.01%
	CTLT	D	0.01%
	RPRX	F	0.01%
	ANSS	B	0.01%
	MGM	D	0.01%
	CPT	C	0.01%
	GLPI	C	0.01%
	HII	F	0.01%
	WTRG	B	0.01%
	FBIN	F	0.01%
	HST	D	0.01%
	AVTR	F	0.01%
	FOX	A	0.01%
	ESS	A	0.01%
	MAS	D	0.01%
	PNR	B	0.01%
	REG	A	0.01%
	NWSA	B	0.01%
	SUI	C	0.01%
	WPC	C	0.01%
	MKC	D	0.01%
	BEN	C	0.01%
	STE	D	0.01%
	MRNA	F	0.01%
	AES	F	0.01%
	HSIC	C	0.01%
	INVH	D	0.01%
	TRMB	B	0.01%
	MAA	A	0.01%
	TTWO	A	0.01%
	ACM	B	0.01%
	DOC	D	0.01%
	DAL	A	0.01%
	XYL	D	0.01%
	CCL	A	0.01%
	CHRD	F	0.01%
	IPG	F	0.01%
	CG	B	0.01%
	BXP	D	0.01%
	ZM	B	0.01%
	RVTY	D	0.01%
	IOT	A	0.0%
	SNAP	D	0.0%
	ELS	B	0.0%
	TECH	F	0.0%

QUS Underweight 135 Positions Relative to GGUS

	Symbol	Grade	Weight
	SPOT	B	-0.29%
	NU	C	-0.19%
	CPNG	D	-0.12%
	NTRA	A	-0.08%
	FIX	A	-0.07%
	XPO	B	-0.07%
	TXRH	B	-0.06%
	KNSL	B	-0.05%
	DUOL	A	-0.05%
	NCLH	B	-0.05%
	OWL	A	-0.05%
	MEDP	D	-0.04%
	PEN	B	-0.04%
	SAIA	C	-0.04%
	EXEL	B	-0.04%
	ITCI	B	-0.04%
	LNW	F	-0.04%
	PCTY	B	-0.04%
	SCCO	F	-0.04%
	MORN	B	-0.04%
	CVNA	A	-0.04%
	AAON	B	-0.04%
	TPX	B	-0.04%
	CHDN	C	-0.04%
	WING	D	-0.04%
	SRPT	F	-0.04%
	MUSA	B	-0.04%
	MTN	C	-0.03%
	LSCC	D	-0.03%
	WFRD	F	-0.03%
	FOUR	A	-0.03%
	ELF	C	-0.03%
	GLOB	C	-0.03%
	CFLT	B	-0.03%
	RYAN	B	-0.03%
	TREX	D	-0.03%
	SMAR	A	-0.03%
	ESTC	C	-0.03%
	GTLB	B	-0.03%
	GWRE	A	-0.03%
	PCOR	C	-0.03%
	HAS	D	-0.03%
	EXP	B	-0.03%
	CHH	A	-0.02%
	RARE	F	-0.02%
	MASI	B	-0.02%
	HCP	B	-0.02%
	FIVE	F	-0.02%
	JEF	A	-0.02%
	ETSY	D	-0.02%
	OLED	F	-0.02%
	JLL	D	-0.02%
	FND	F	-0.02%
	LYFT	C	-0.02%
	IONS	F	-0.02%
	PLNT	A	-0.02%
	NTNX	B	-0.02%
	AZEK	B	-0.02%
	PATH	C	-0.02%
	INSP	F	-0.02%
	LPX	B	-0.02%
	APPF	C	-0.02%
	GNRC	B	-0.02%
	VKTX	F	-0.02%
	VVV	D	-0.02%
	CNM	C	-0.02%
	DJT	C	-0.01%
	TPG	A	-0.01%
	LOPE	B	-0.01%
	TKO	A	-0.01%
	SN	D	-0.01%
	CIVI	D	-0.01%
	NXST	C	-0.01%
	WEN	C	-0.01%
	DV	C	-0.01%
	AM	A	-0.01%
	WSC	F	-0.01%
	LBRDK	C	-0.01%
	HRB	D	-0.01%
	BROS	A	-0.01%
	CLF	F	-0.01%
	AWI	B	-0.01%
	PFGC	B	-0.01%
	ONTO	F	-0.01%
	TTEK	F	-0.01%
	SITE	D	-0.01%
	DBX	C	-0.01%
	PR	B	-0.01%
	NCNO	B	-0.01%
	BILL	B	-0.01%
	CASY	A	-0.01%
	FRPT	A	-0.01%
	SOFI	A	-0.01%
	BWXT	A	-0.01%
	U	F	-0.01%
	CACC	F	-0.01%
	FIVN	C	-0.01%
	APLS	F	-0.01%
	RNG	C	-0.01%
	TDC	D	-0.01%
	LAMR	D	-0.01%
	PEGA	B	-0.01%
	LECO	C	-0.01%
	BRKR	F	-0.01%
	WMS	F	-0.01%
	UWMC	D	-0.0%
	SEE	D	-0.0%
	SPR	D	-0.0%
	IRDM	F	-0.0%
	PYCR	C	-0.0%
	NFE	F	-0.0%
	RLI	A	-0.0%
	XP	F	-0.0%
	DOCS	C	-0.0%
	SAM	C	-0.0%
	WU	F	-0.0%
	HLI	B	-0.0%
	SKX	F	-0.0%
	BLD	F	-0.0%
	WEX	F	-0.0%
	SSD	D	-0.0%
	RH	D	-0.0%
	KBR	F	-0.0%
	AAL	B	-0.0%
	BPOP	C	-0.0%
	CHE	F	-0.0%
	S	B	-0.0%
	WH	B	-0.0%
	BFAM	F	-0.0%
	CAR	C	-0.0%
	YETI	D	-0.0%
	RGEN	F	-0.0%
	CROX	F	-0.0%
	UI	A	-0.0%
	TXG	F	-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

GGUS: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Biotechnology Specialty Retail Capital Markets Restaurants Building Materials Asset Management Diagnostics & Research Semiconductor Equipment & Materials Semiconductors Aerospace & Defense Diversified Industrials Internet Content & Information Credit Services Household & Personal Products Leisure Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Dow Jones Component Medicine Insurance Software Software As A Service Work From Home Cloud Infrastructure Electronics Mobile Devices Natural Gas Semiconductor Telecommunications Integrated Circuits Operating System Payment Systems