QUS vs. ILCG ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to iShares Morningstar Growth ETF (ILCG)

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

$156.52

Average Daily Volume

20,236

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$83.51

Average Daily Volume

111,101

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	QUS	ILCG
30 Days	1.35%	1.10%
60 Days	3.76%	1.78%
90 Days	5.90%	2.50%
12 Months	30.52%	39.86%

348 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in ILCG	Overlap
A	C	0.12%	0.17%	0.12%
AAPL	C	3.27%	6.7%	3.27%
ABNB	D	0.02%	0.21%	0.02%
ACGL	B	0.42%	0.06%	0.06%
ACM	B	0.01%	0.03%	0.01%
ACN	C	1.19%	0.13%	0.13%
ADBE	F	0.78%	1.0%	0.78%
ADI	C	0.15%	0.08%	0.08%
ADP	B	0.51%	0.17%	0.17%
ADSK	C	0.14%	0.24%	0.14%
AFG	B	0.15%	0.02%	0.02%
AJG	D	0.47%	0.09%	0.09%
AKAM	D	0.17%	0.03%	0.03%
ALB	F	0.02%	0.02%	0.02%
ALGN	D	0.01%	0.05%	0.01%
ALL	B	0.06%	0.09%	0.06%
ALLE	C	0.04%	0.03%	0.03%
ALNY	C	0.08%	0.14%	0.08%
AMAT	D	0.55%	0.26%	0.26%
AMD	D	0.07%	1.03%	0.07%
AME	C	0.02%	0.16%	0.02%
AMH	C	0.01%	0.05%	0.01%
AMP	B	0.03%	0.12%	0.03%
AMZN	C	0.64%	7.32%	0.64%
ANET	A	0.38%	0.39%	0.38%
ANSS	D	0.01%	0.12%	0.01%
AON	B	0.2%	0.08%	0.08%
AOS	D	0.03%	0.03%	0.03%
APH	C	0.66%	0.18%	0.18%
APO	B	0.02%	0.05%	0.02%
APP	B	0.01%	0.1%	0.01%
APTV	D	0.03%	0.03%	0.03%
ARE	C	0.02%	0.02%	0.02%
ARES	A	0.01%	0.11%	0.01%
AVB	C	0.02%	0.07%	0.02%
AVGO	C	0.6%	1.78%	0.6%
AVTR	C	0.01%	0.04%	0.01%
AVY	D	0.01%	0.04%	0.01%
AWK	C	0.02%	0.06%	0.02%
AXON	A	0.0%	0.11%	0.0%
AXP	B	0.1%	0.21%	0.1%
AZO	D	0.37%	0.23%	0.23%
BAH	B	0.21%	0.06%	0.06%
BALL	C	0.02%	0.05%	0.02%
BKNG	B	0.03%	0.19%	0.03%
BKR	C	0.03%	0.07%	0.03%
BLDR	C	0.08%	0.04%	0.04%
BMRN	F	0.11%	0.07%	0.07%
BR	D	0.03%	0.1%	0.03%
BRO	C	0.01%	0.11%	0.01%
BSX	B	0.04%	0.24%	0.04%
BSY	D	0.0%	0.03%	0.0%
BURL	C	0.01%	0.07%	0.01%
BX	B	0.04%	0.21%	0.04%
CARR	B	0.04%	0.16%	0.04%
CAT	B	0.58%	0.17%	0.17%
CBRE	A	0.04%	0.09%	0.04%
CCK	A	0.02%	0.02%	0.02%
CDNS	D	0.27%	0.3%	0.27%
CDW	D	0.25%	0.12%	0.12%
CE	F	0.02%	0.03%	0.02%
CELH	F	0.0%	0.02%	0.0%
CHD	C	0.14%	0.11%	0.11%
CINF	C	0.03%	0.03%	0.03%
CL	C	0.19%	0.11%	0.11%
CLX	C	0.01%	0.05%	0.01%
CMG	C	0.22%	0.32%	0.22%
CMI	C	0.14%	0.12%	0.12%
CMS	B	0.09%	0.03%	0.03%
COIN	F	0.01%	0.13%	0.01%
COST	B	1.35%	0.78%	0.78%
CPAY	C	0.01%	0.07%	0.01%
CPRT	D	0.13%	0.18%	0.13%
CPT	B	0.01%	0.02%	0.01%
CRL	F	0.01%	0.03%	0.01%
CRM	D	0.09%	1.0%	0.09%
CRWD	D	0.05%	0.25%	0.05%
CSGP	D	0.01%	0.13%	0.01%
CSL	B	0.01%	0.08%	0.01%
CTAS	C	0.23%	0.3%	0.23%
CTRA	D	0.03%	0.03%	0.03%
CTVA	B	0.17%	0.07%	0.07%
D	B	0.14%	0.09%	0.09%
DAL	C	0.01%	0.05%	0.01%
DASH	B	0.01%	0.17%	0.01%
DAY	D	0.0%	0.04%	0.0%
DD	B	0.04%	0.07%	0.04%
DDOG	D	0.0%	0.14%	0.0%
DECK	D	0.08%	0.1%	0.08%
DELL	C	0.05%	0.05%	0.05%
DFS	B	0.06%	0.08%	0.06%
DIS	D	0.14%	0.2%	0.14%
DKNG	C	0.0%	0.04%	0.0%
DKS	D	0.02%	0.02%	0.02%
DLR	B	0.03%	0.16%	0.03%
DLTR	F	0.02%	0.03%	0.02%
DOCU	C	0.0%	0.05%	0.0%
DOV	B	0.02%	0.07%	0.02%
DOW	D	0.07%	0.06%	0.06%
DPZ	D	0.06%	0.06%	0.06%
DRI	B	0.01%	0.04%	0.01%
DT	C	0.0%	0.06%	0.0%
DVA	B	0.01%	0.02%	0.01%
DXCM	F	0.0%	0.11%	0.0%
EA	D	0.29%	0.1%	0.1%
EBAY	B	0.02%	0.05%	0.02%
ECL	A	0.03%	0.15%	0.03%
EFX	C	0.02%	0.16%	0.02%
EL	F	0.01%	0.08%	0.01%
ELS	C	0.0%	0.04%	0.0%
EME	A	0.06%	0.08%	0.06%
ENPH	D	0.05%	0.06%	0.05%
ENTG	D	0.01%	0.04%	0.01%
EPAM	F	0.04%	0.02%	0.02%
EQIX	B	0.02%	0.34%	0.02%
EQR	C	0.02%	0.05%	0.02%
EQT	D	0.02%	0.05%	0.02%
ERIE	B	0.22%	0.05%	0.05%
ESS	C	0.01%	0.04%	0.01%
ETN	C	0.04%	0.29%	0.04%
EW	F	0.13%	0.17%	0.13%
EXAS	C	0.0%	0.05%	0.0%
EXPE	C	0.01%	0.04%	0.01%
EXR	B	0.03%	0.06%	0.03%
FAST	C	0.13%	0.17%	0.13%
FCNCA	D	0.29%	0.1%	0.1%
FDS	C	0.05%	0.07%	0.05%
FFIV	B	0.21%	0.02%	0.02%
FICO	B	0.17%	0.19%	0.17%
FSLR	C	0.03%	0.1%	0.03%
FTNT	B	0.01%	0.2%	0.01%
FTV	C	0.02%	0.08%	0.02%
GDDY	C	0.29%	0.08%	0.08%
GE	A	0.11%	0.44%	0.11%
GEHC	C	0.03%	0.06%	0.03%
GEV	B	0.03%	0.13%	0.03%
GGG	C	0.04%	0.06%	0.04%
GOOG	D	1.04%	1.78%	1.04%
GOOGL	D	1.12%	1.99%	1.12%
GPC	D	0.02%	0.03%	0.02%
GPN	D	0.04%	0.05%	0.04%
GRMN	D	0.17%	0.07%	0.07%
GWW	A	0.17%	0.19%	0.17%
HAL	F	0.03%	0.06%	0.03%
HEI	A	0.0%	0.05%	0.0%
HEI	A	0.0%	0.05%	0.0%
HEI	A	0.0%	0.06%	0.0%
HEI	A	0.0%	0.06%	0.0%
HES	D	0.02%	0.15%	0.02%
HII	D	0.01%	0.03%	0.01%
HLT	B	0.01%	0.22%	0.01%
HOOD	C	0.0%	0.05%	0.0%
HRL	D	0.09%	0.01%	0.01%
HSY	D	0.22%	0.07%	0.07%
HUBB	A	0.06%	0.09%	0.06%
HUBS	D	0.06%	0.11%	0.06%
HWM	B	0.01%	0.16%	0.01%
ICE	C	0.15%	0.07%	0.07%
IDXX	D	0.15%	0.17%	0.15%
IEX	D	0.04%	0.06%	0.04%
ILMN	C	0.01%	0.09%	0.01%
INCY	C	0.17%	0.02%	0.02%
INTU	C	0.04%	0.77%	0.04%
INVH	C	0.01%	0.09%	0.01%
IQV	D	0.03%	0.12%	0.03%
IR	C	0.02%	0.15%	0.02%
IRM	B	0.01%	0.07%	0.01%
ISRG	C	0.03%	0.72%	0.03%
IT	A	0.13%	0.16%	0.13%
J	C	0.02%	0.05%	0.02%
JBHT	D	0.05%	0.04%	0.04%
JBL	D	0.02%	0.03%	0.02%
JCI	B	0.04%	0.12%	0.04%
JKHY	C	0.04%	0.05%	0.04%
KDP	B	0.28%	0.06%	0.06%
KEYS	C	0.27%	0.05%	0.05%
KIM	C	0.02%	0.05%	0.02%
KKR	A	0.04%	0.1%	0.04%
KLAC	D	0.36%	0.16%	0.16%
KMB	D	0.11%	0.07%	0.07%
KMX	D	0.03%	0.03%	0.03%
LDOS	B	0.02%	0.04%	0.02%
LII	B	0.01%	0.08%	0.01%
LIN	B	0.17%	0.17%	0.17%
LLY	C	2.43%	3.26%	2.43%
LNG	C	0.05%	0.05%	0.05%
LPLA	F	0.05%	0.06%	0.05%
LRCX	F	0.34%	0.16%	0.16%
LULU	D	0.1%	0.12%	0.1%
LUV	C	0.01%	0.03%	0.01%
LVS	D	0.01%	0.07%	0.01%
LW	D	0.03%	0.04%	0.03%
LYV	B	0.01%	0.06%	0.01%
MA	B	1.63%	1.7%	1.63%
MAA	C	0.01%	0.03%	0.01%
MANH	A	0.07%	0.07%	0.07%
MAR	C	0.02%	0.04%	0.02%
MAS	B	0.01%	0.03%	0.01%
MCD	B	0.52%	0.19%	0.19%
MCHP	D	0.12%	0.07%	0.07%
MCK	F	0.53%	0.09%	0.09%
MCO	A	0.21%	0.18%	0.18%
MDB	D	0.0%	0.09%	0.0%
MELI	B	0.08%	0.43%	0.08%
META	A	2.24%	2.72%	2.24%
MGM	D	0.01%	0.02%	0.01%
MKC	C	0.01%	0.05%	0.01%
MKL	C	0.14%	0.05%	0.05%
MLM	D	0.02%	0.13%	0.02%
MMC	C	0.72%	0.13%	0.13%
MNST	D	0.12%	0.16%	0.12%
MOH	D	0.16%	0.05%	0.05%
MPWR	C	0.12%	0.18%	0.12%
MRK	D	0.56%	0.44%	0.44%
MRNA	F	0.02%	0.04%	0.02%
MRVL	C	0.02%	0.27%	0.02%
MSCI	C	0.01%	0.19%	0.01%
MSFT	C	2.86%	13.36%	2.86%
MSI	B	0.58%	0.1%	0.1%
MSTR	D	0.0%	0.05%	0.0%
MTD	D	0.01%	0.12%	0.01%
NBIX	F	0.12%	0.05%	0.05%
NDAQ	A	0.02%	0.05%	0.02%
NDSN	C	0.01%	0.05%	0.01%
NEM	B	0.25%	0.15%	0.15%
NET	D	0.0%	0.1%	0.0%
NFLX	B	0.12%	1.25%	0.12%
NKE	D	0.3%	0.09%	0.09%
NOW	A	0.24%	0.75%	0.24%
NRG	A	0.02%	0.02%	0.02%
NTAP	D	0.16%	0.05%	0.05%
NVDA	D	2.36%	11.84%	2.36%
O	C	0.05%	0.08%	0.05%
ODFL	D	0.12%	0.15%	0.12%
OKTA	F	0.0%	0.05%	0.0%
ON	F	0.03%	0.05%	0.03%
ORCL	B	0.48%	0.31%	0.31%
ORLY	D	0.25%	0.07%	0.07%
OTIS	C	0.04%	0.1%	0.04%
PANW	C	0.29%	0.47%	0.29%
PAYC	D	0.03%	0.04%	0.03%
PAYX	C	0.16%	0.18%	0.16%
PCG	B	0.06%	0.07%	0.06%
PGR	A	0.66%	0.33%	0.33%
PH	A	0.03%	0.14%	0.03%
PHM	B	0.12%	0.05%	0.05%
PINS	F	0.0%	0.04%	0.0%
PLD	C	0.09%	0.13%	0.09%
PLTR	A	0.0%	0.3%	0.0%
PNR	B	0.01%	0.05%	0.01%
PODD	B	0.0%	0.07%	0.0%
POOL	D	0.04%	0.03%	0.03%
PPG	D	0.03%	0.05%	0.03%
PSA	B	0.16%	0.11%	0.11%
PSTG	F	0.0%	0.06%	0.0%
PTC	D	0.17%	0.09%	0.09%
PWR	B	0.02%	0.16%	0.02%
QRVO	F	0.01%	0.02%	0.01%
RBLX	B	0.0%	0.1%	0.0%
RCL	A	0.01%	0.11%	0.01%
REG	C	0.01%	0.02%	0.01%
RJF	C	0.03%	0.06%	0.03%
RMD	C	0.1%	0.15%	0.1%
ROK	F	0.1%	0.13%	0.1%
ROL	C	0.17%	0.06%	0.06%
ROP	C	0.48%	0.11%	0.11%
ROST	C	0.03%	0.21%	0.03%
RPM	B	0.01%	0.04%	0.01%
RSG	D	0.54%	0.05%	0.05%
SBAC	C	0.01%	0.11%	0.01%
SBUX	C	0.06%	0.16%	0.06%
SHW	B	0.26%	0.12%	0.12%
SLB	F	0.05%	0.04%	0.04%
SMCI	F	0.06%	0.09%	0.06%
SNA	C	0.05%	0.02%	0.02%
SNAP	F	0.0%	0.04%	0.0%
SNOW	F	0.0%	0.16%	0.0%
SNPS	D	0.26%	0.31%	0.26%
SPGI	A	0.07%	0.29%	0.07%
SQ	D	0.02%	0.15%	0.02%
STE	C	0.01%	0.1%	0.01%
STZ	D	0.02%	0.09%	0.02%
SUI	C	0.01%	0.08%	0.01%
SWK	B	0.03%	0.03%	0.03%
SYK	C	0.05%	0.22%	0.05%
SYY	D	0.05%	0.16%	0.05%
TDG	B	0.01%	0.32%	0.01%
TDY	C	0.2%	0.05%	0.05%
TEAM	D	0.0%	0.11%	0.0%
TECH	D	0.0%	0.05%	0.0%
TEL	D	0.17%	0.1%	0.1%
TER	D	0.06%	0.04%	0.04%
TFX	C	0.01%	0.02%	0.01%
TJX	C	0.57%	0.16%	0.16%
TMO	C	0.13%	0.15%	0.13%
TMUS	C	0.69%	0.07%	0.07%
TPL	A	0.05%	0.07%	0.05%
TRGP	B	0.02%	0.06%	0.02%
TRMB	C	0.01%	0.04%	0.01%
TRU	B	0.01%	0.08%	0.01%
TRV	B	0.44%	0.1%	0.1%
TSCO	C	0.09%	0.09%	0.09%
TSLA	C	0.2%	2.67%	0.2%
TSN	D	0.29%	0.04%	0.04%
TT	A	0.24%	0.18%	0.18%
TTD	B	0.0%	0.2%	0.0%
TTWO	D	0.01%	0.1%	0.01%
TW	B	0.06%	0.06%	0.06%
TWLO	C	0.01%	0.04%	0.01%
TXT	D	0.02%	0.03%	0.02%
TYL	C	0.01%	0.1%	0.01%
UBER	C	0.18%	0.61%	0.18%
UDR	C	0.01%	0.04%	0.01%
UHAL	B	0.01%	0.01%	0.01%
UHAL	B	0.01%	0.0%	0.0%
UHS	B	0.02%	0.03%	0.02%
ULTA	D	0.08%	0.04%	0.04%
UNH	C	2.27%	0.31%	0.31%
URI	B	0.04%	0.1%	0.04%
V	C	1.8%	1.89%	1.8%
VEEV	C	0.09%	0.13%	0.09%
VLTO	B	0.09%	0.06%	0.06%
VMC	D	0.01%	0.13%	0.01%
VRSK	D	0.15%	0.16%	0.15%
VRSN	D	0.23%	0.07%	0.07%
VRT	C	0.01%	0.13%	0.01%
VRTX	D	0.61%	0.24%	0.24%
VST	A	0.01%	0.07%	0.01%
VTR	C	0.02%	0.04%	0.02%
WAB	A	0.02%	0.12%	0.02%
WAT	C	0.06%	0.05%	0.05%
WDAY	D	0.15%	0.22%	0.15%
WELL	C	0.03%	0.12%	0.03%
WLK	D	0.01%	0.01%	0.01%
WM	D	0.51%	0.09%	0.09%
WRB	C	0.12%	0.04%	0.04%
WSM	D	0.06%	0.05%	0.05%
WSO	C	0.05%	0.07%	0.05%
WST	D	0.06%	0.09%	0.06%
WTRG	D	0.01%	0.01%	0.01%
WTW	C	0.15%	0.06%	0.06%
WYNN	D	0.0%	0.03%	0.0%
XYL	D	0.02%	0.13%	0.02%
YUM	F	0.19%	0.16%	0.16%
ZBH	F	0.02%	0.05%	0.02%
ZBRA	B	0.01%	0.06%	0.01%
ZS	F	0.0%	0.07%	0.0%
ZTS	C	0.27%	0.16%	0.16%

QUS Overweight 234 Positions Relative to ILCG

Symbol	Grade	Weight
JNJ	C	1.8%
CSCO	B	1.19%
PEP	D	1.15%
BRK.A	C	1.07%
TXN	C	1.07%
KO	B	0.96%
WMT	B	0.92%
JPM	D	0.9%
VZ	B	0.88%
LMT	B	0.79%
XOM	D	0.77%
IBM	A	0.72%
T	C	0.67%
CB	B	0.66%
DUK	B	0.64%
PG	C	0.62%
BAC	D	0.59%
NOC	A	0.59%
ABBV	C	0.59%
QCOM	F	0.58%
SO	A	0.56%
WCN	D	0.55%
CVX	D	0.49%
HON	D	0.48%
ED	C	0.46%
ELV	C	0.41%
GILD	B	0.41%
REGN	C	0.4%
CMCSA	D	0.4%
BLK	B	0.4%
CTSH	C	0.4%
PFE	C	0.39%
C	D	0.38%
WFC	D	0.36%
MPC	D	0.34%
AMGN	B	0.33%
HD	A	0.33%
CVS	F	0.32%
BMY	C	0.31%
CBOE	C	0.31%
KR	C	0.31%
K	A	0.3%
GIS	B	0.3%
WEC	B	0.29%
MMM	A	0.29%
GM	B	0.27%
CI	C	0.27%
BDX	F	0.26%
MDLZ	C	0.26%
ITW	C	0.26%
GS	C	0.25%
DHI	C	0.23%
HUM	F	0.23%
FANG	D	0.22%
CME	C	0.22%
AEP	C	0.21%
KHC	C	0.21%
AFL	C	0.21%
RTX	C	0.19%
XEL	B	0.19%
JNPR	A	0.18%
EG	C	0.18%
MDT	C	0.16%
COP	D	0.16%
ABT	C	0.16%
F	F	0.16%
INTC	F	0.15%
PNC	A	0.15%
USB	B	0.15%
MS	C	0.15%
EOG	D	0.14%
TFC	D	0.14%
VLO	F	0.14%
PSX	D	0.14%
CPB	B	0.14%
COF	A	0.13%
GLW	B	0.13%
CAH	C	0.12%
AIG	D	0.12%
L	D	0.12%
WMB	B	0.12%
FDX	F	0.12%
LOW	A	0.12%
DE	B	0.11%
WBD	D	0.11%
NEE	C	0.11%
UPS	F	0.11%
CNC	C	0.11%
AIZ	B	0.11%
PM	C	0.11%
NVR	B	0.11%
UTHR	C	0.1%
BBY	C	0.1%
DTE	B	0.1%
TGT	C	0.1%
OXY	F	0.1%
DHR	C	0.1%
AEE	A	0.1%
UNP	C	0.09%
HIG	B	0.09%
ADM	D	0.09%
GD	B	0.08%
HOLX	C	0.08%
PKG	B	0.08%
PRU	C	0.08%
CHTR	D	0.08%
BK	A	0.08%
MET	A	0.08%
TROW	D	0.08%
EXPD	C	0.07%
MU	F	0.07%
MTB	A	0.07%
WBA	F	0.07%
LEN	C	0.07%
HCA	A	0.07%
STX	C	0.07%
OMC	B	0.07%
NUE	F	0.07%
FITB	B	0.06%
SCHW	D	0.06%
DGX	C	0.06%
SRE	B	0.06%
SWKS	F	0.06%
CFG	C	0.06%
SOLV	C	0.06%
EXC	B	0.06%
MO	C	0.06%
PYPL	B	0.06%
HPQ	D	0.06%
AMT	C	0.05%
OKE	B	0.05%
EIX	C	0.05%
HBAN	B	0.05%
SYF	C	0.05%
VTRS	D	0.05%
PCAR	D	0.05%
NSC	C	0.05%
LNT	B	0.05%
RF	B	0.05%
CSX	D	0.05%
APA	F	0.05%
BG	D	0.05%
LYB	F	0.05%
STT	B	0.05%
HPE	D	0.05%
KMI	A	0.05%
KEY	B	0.04%
KNX	D	0.04%
PEG	A	0.04%
ATO	B	0.04%
VICI	C	0.04%
LHX	C	0.04%
ETR	A	0.04%
EMR	D	0.04%
KVUE	C	0.04%
APD	B	0.04%
FCX	D	0.04%
DVN	D	0.04%
SEIC	C	0.03%
PPL	B	0.03%
DINO	F	0.03%
FE	C	0.03%
BA	F	0.03%
CHK	D	0.03%
CEG	A	0.03%
CF	C	0.03%
PARA	F	0.03%
OVV	F	0.03%
TTC	D	0.03%
NTRS	B	0.03%
BIIB	F	0.03%
SPG	A	0.03%
ACI	F	0.03%
BAX	C	0.03%
ES	C	0.03%
MKTX	C	0.03%
NXPI	D	0.03%
CCI	C	0.03%
WY	C	0.03%
MOS	F	0.03%
PFG	B	0.03%
FIS	B	0.03%
IP	C	0.03%
STLD	D	0.03%
MRO	C	0.03%
CHRD	F	0.02%
BXP	B	0.02%
SSNC	B	0.02%
EQH	C	0.02%
IPG	C	0.02%
AES	C	0.02%
OC	D	0.02%
NI	B	0.02%
EMN	B	0.02%
SJM	C	0.02%
LKQ	F	0.02%
WDC	D	0.02%
AMCR	C	0.02%
CRBG	D	0.02%
CNP	D	0.02%
FOXA	B	0.02%
CHRW	A	0.02%
TAP	D	0.02%
EVRG	B	0.02%
FNF	B	0.02%
IFF	C	0.02%
RS	D	0.02%
SW	C	0.02%
ALLY	D	0.02%
CNH	D	0.02%
CAG	C	0.02%
DG	F	0.02%
BBWI	F	0.01%
Z	B	0.01%
BIO	C	0.01%
MTCH	C	0.01%
RIVN	F	0.01%
CTLT	B	0.01%
FOX	B	0.01%
CCL	C	0.01%
RPRX	D	0.01%
HST	C	0.01%
GLPI	C	0.01%
NWSA	D	0.01%
BEN	F	0.01%
CG	D	0.01%
ZM	C	0.01%
HSIC	D	0.01%
WPC	C	0.01%
DOC	C	0.01%
IOT	A	0.0%
TOST	A	0.0%
H	C	0.0%
ROKU	C	0.0%

QUS Underweight 41 Positions Relative to ILCG

Symbol	Grade	Weight
FI	A	-0.09%
COR	D	-0.09%
CPNG	A	-0.08%
COO	B	-0.07%
FWONK	C	-0.07%
IBKR	A	-0.06%
NTNX	C	-0.06%
NTRA	B	-0.06%
NVT	D	-0.05%
SRPT	D	-0.05%
PFGC	B	-0.05%
WING	B	-0.05%
SAIA	D	-0.05%
FND	C	-0.05%
TTEK	C	-0.05%
FIX	A	-0.05%
CLH	A	-0.05%
MORN	B	-0.04%
XPO	D	-0.04%
MEDP	D	-0.04%
CHDN	D	-0.04%
CASY	D	-0.04%
LECO	F	-0.04%
WMS	D	-0.04%
AZPN	B	-0.03%
BRKR	D	-0.03%
SCI	C	-0.03%
RVTY	C	-0.03%
USFD	B	-0.03%
BLD	D	-0.03%
CNM	F	-0.03%
GEN	B	-0.03%
FLEX	C	-0.02%
BJ	D	-0.02%
PCOR	F	-0.02%
TOL	B	-0.02%
RRX	C	-0.02%
U	D	-0.02%
FWONA	C	-0.01%
COTY	F	-0.01%
ALAB	D	-0.0%