QUS vs. IQSU ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to IQ Candriam ESG US Equity ETF (IQSU)

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

$161.80

Average Daily Volume

15,293

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$49.28

Average Daily Volume

15,331

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	QUS	IQSU
30 Days	0.84%	2.56%
60 Days	4.21%	5.47%
90 Days	6.22%	7.58%
12 Months	30.85%	26.22%

279 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in IQSU	Overlap
	AAPL	C	3.19%	9.65%	3.19%
	ABNB	C	0.02%	0.24%	0.02%
	ACGL	D	0.37%	0.14%	0.14%
	ACN	C	1.16%	0.94%	0.94%
	ADBE	C	0.69%	0.87%	0.69%
	ADI	F	0.15%	0.44%	0.15%
	ADM	F	0.08%	0.1%	0.08%
	ADP	A	0.54%	0.49%	0.49%
	ADSK	A	0.16%	0.25%	0.16%
	AFL	C	0.21%	0.22%	0.21%
	AIG	B	0.12%	0.2%	0.12%
	AJG	A	0.45%	0.25%	0.25%
	AKAM	F	0.14%	0.06%	0.06%
	ALL	A	0.06%	0.2%	0.06%
	ALNY	D	0.08%	0.13%	0.08%
	AMAT	F	0.53%	0.62%	0.53%
	AMD	F	0.07%	0.92%	0.07%
	AMP	A	0.04%	0.21%	0.04%
	AMT	F	0.04%	0.4%	0.04%
	ANSS	B	0.01%	0.11%	0.01%
	APD	B	0.04%	0.27%	0.04%
	APO	B	0.03%	0.24%	0.03%
	APTV	D	0.02%	0.06%	0.02%
	ARE	F	0.02%	0.07%	0.02%
	AVB	A	0.02%	0.13%	0.02%
	AVTR	F	0.01%	0.06%	0.01%
	AWK	D	0.02%	0.11%	0.02%
	AXP	B	0.1%	0.64%	0.1%
	AZO	C	0.35%	0.21%	0.21%
	BAC	A	0.66%	1.15%	0.66%
	BALL	D	0.02%	0.07%	0.02%
	BBY	D	0.09%	0.07%	0.07%
	BIIB	F	0.02%	0.1%	0.02%
	BK	B	0.09%	0.23%	0.09%
	BKR	B	0.04%	0.16%	0.04%
	BMRN	F	0.08%	0.05%	0.05%
	BMY	B	0.32%	0.46%	0.32%
	BR	A	0.03%	0.1%	0.03%
	BX	A	0.04%	0.48%	0.04%
	C	A	0.44%	0.48%	0.44%
	CAG	F	0.02%	0.06%	0.02%
	CAH	A	0.12%	0.11%	0.11%
	CARR	C	0.04%	0.24%	0.04%
	CBOE	D	0.28%	0.09%	0.09%
	CBRE	A	0.05%	0.17%	0.05%
	CCI	F	0.03%	0.19%	0.03%
	CDNS	B	0.29%	0.32%	0.29%
	CDW	F	0.21%	0.11%	0.11%
	CFG	B	0.06%	0.08%	0.06%
	CHD	B	0.14%	0.1%	0.1%
	CHTR	B	0.09%	0.15%	0.09%
	CI	D	0.23%	0.36%	0.23%
	CL	F	0.16%	0.32%	0.16%
	CLX	A	0.01%	0.08%	0.01%
	CMCSA	B	0.42%	0.67%	0.42%
	CME	A	0.22%	0.33%	0.22%
	CMG	B	0.22%	0.31%	0.22%
	COF	B	0.16%	0.25%	0.16%
	CPAY	A	0.02%	0.09%	0.02%
	CPB	F	0.12%	0.04%	0.04%
	CRM	B	0.11%	1.13%	0.11%
	CRWD	B	0.06%	0.28%	0.06%
	CSCO	A	1.32%	0.92%	0.92%
	CTAS	A	0.24%	0.29%	0.24%
	CTSH	A	0.4%	0.15%	0.15%
	DASH	A	0.01%	0.21%	0.01%
	DD	D	0.04%	0.13%	0.04%
	DELL	B	0.06%	0.15%	0.06%
	DFS	B	0.07%	0.15%	0.07%
	DG	F	0.02%	0.07%	0.02%
	DGX	A	0.06%	0.07%	0.06%
	DIS	B	0.15%	0.71%	0.15%
	DLR	C	0.04%	0.24%	0.04%
	DLTR	F	0.02%	0.05%	0.02%
	DOC	C	0.01%	0.06%	0.01%
	DOV	A	0.02%	0.11%	0.02%
	DXCM	C	0.0%	0.11%	0.0%
	EA	A	0.3%	0.15%	0.15%
	EBAY	C	0.02%	0.13%	0.02%
	ECL	C	0.02%	0.25%	0.02%
	ED	D	0.42%	0.14%	0.14%
	EFX	D	0.01%	0.13%	0.01%
	EG	D	0.17%	0.06%	0.06%
	EL	F	0.01%	0.06%	0.01%
	ELV	F	0.3%	0.4%	0.3%
	EMR	A	0.05%	0.27%	0.05%
	ENPH	F	0.03%	0.05%	0.03%
	EQIX	B	0.02%	0.34%	0.02%
	EQR	C	0.02%	0.1%	0.02%
	ES	D	0.02%	0.09%	0.02%
	ESS	C	0.01%	0.07%	0.01%
	EW	D	0.12%	0.16%	0.12%
	EXC	C	0.05%	0.15%	0.05%
	EXPD	D	0.06%	0.07%	0.06%
	EXR	D	0.02%	0.14%	0.02%
	FAST	A	0.15%	0.18%	0.15%
	FCX	F	0.04%	0.27%	0.04%
	FDX	B	0.11%	0.25%	0.11%
	FI	A	0.3%	0.48%	0.3%
	FICO	B	0.21%	0.2%	0.2%
	FIS	B	0.03%	0.2%	0.03%
	FITB	A	0.06%	0.12%	0.06%
	FTNT	B	0.01%	0.19%	0.01%
	FTV	D	0.02%	0.1%	0.02%
	GE	C	0.11%	0.77%	0.11%
	GEN	A	0.13%	0.06%	0.06%
	GILD	C	0.46%	0.46%	0.46%
	GIS	F	0.26%	0.16%	0.16%
	GLW	C	0.14%	0.15%	0.14%
	GOOG	B	1.13%	2.55%	1.13%
	GOOGL	B	1.22%	2.82%	1.22%
	GPN	B	0.04%	0.11%	0.04%
	GWW	B	0.2%	0.18%	0.18%
	HAL	C	0.03%	0.1%	0.03%
	HBAN	B	0.05%	0.09%	0.05%
	HD	B	0.34%	1.61%	0.34%
	HIG	C	0.09%	0.13%	0.09%
	HLT	A	0.01%	0.23%	0.01%
	HOLX	D	0.07%	0.07%	0.07%
	HPE	B	0.06%	0.1%	0.06%
	HPQ	B	0.07%	0.15%	0.07%
	HRL	F	0.08%	0.04%	0.04%
	HSY	D	0.18%	0.11%	0.11%
	HUBS	B	0.08%	0.11%	0.08%
	HUM	D	0.2%	0.13%	0.13%
	IBM	C	0.69%	0.77%	0.69%
	ICE	D	0.14%	0.36%	0.14%
	IDXX	D	0.12%	0.14%	0.12%
	IFF	F	0.02%	0.1%	0.02%
	INCY	B	0.22%	0.06%	0.06%
	INTC	C	0.18%	0.4%	0.18%
	INTU	A	0.04%	0.68%	0.04%
	INVH	D	0.01%	0.07%	0.01%
	IR	A	0.02%	0.16%	0.02%
	IRM	D	0.01%	0.15%	0.01%
	IT	A	0.13%	0.16%	0.13%
	ITW	A	0.27%	0.33%	0.27%
	JBHT	B	0.05%	0.06%	0.05%
	JCI	A	0.05%	0.2%	0.05%
	K	A	0.28%	0.08%	0.08%
	KDP	D	0.24%	0.14%	0.14%
	KEY	B	0.04%	0.06%	0.04%
	KEYS	C	0.28%	0.11%	0.11%
	KHC	F	0.18%	0.11%	0.11%
	KKR	B	0.04%	0.38%	0.04%
	KLAC	F	0.32%	0.37%	0.32%
	KMB	F	0.1%	0.18%	0.1%
	KMI	B	0.06%	0.2%	0.06%
	KR	A	0.32%	0.16%	0.16%
	KVUE	B	0.04%	0.18%	0.04%
	LH	A	0.03%	0.08%	0.03%
	LIN	D	0.15%	0.88%	0.15%
	LNG	B	0.05%	0.18%	0.05%
	LOW	B	0.12%	0.62%	0.12%
	LRCX	F	0.33%	0.4%	0.33%
	LULU	C	0.12%	0.14%	0.12%
	LYB	F	0.04%	0.09%	0.04%
	MA	B	1.66%	1.69%	1.66%
	MAA	C	0.01%	0.07%	0.01%
	MAR	A	0.02%	0.26%	0.02%
	MAS	D	0.01%	0.07%	0.01%
	MCO	C	0.21%	0.3%	0.21%
	MDB	C	0.0%	0.08%	0.0%
	MDLZ	F	0.22%	0.37%	0.22%
	MELI	D	0.07%	0.4%	0.07%
	MET	C	0.08%	0.19%	0.08%
	MKC	D	0.01%	0.08%	0.01%
	MLM	B	0.02%	0.15%	0.02%
	MMC	C	0.68%	0.44%	0.44%
	MMM	C	0.28%	0.28%	0.28%
	MPC	D	0.31%	0.21%	0.21%
	MPWR	F	0.1%	0.14%	0.1%
	MRVL	B	0.02%	0.3%	0.02%
	MS	A	0.19%	0.6%	0.19%
	MSCI	B	0.01%	0.19%	0.01%
	MSFT	C	2.68%	9.77%	2.68%
	MSI	B	0.64%	0.31%	0.31%
	MTB	B	0.08%	0.13%	0.08%
	MTD	F	0.01%	0.12%	0.01%
	MU	D	0.08%	0.47%	0.08%
	NDAQ	A	0.02%	0.11%	0.02%
	NEE	D	0.09%	0.64%	0.09%
	NEM	F	0.2%	0.22%	0.2%
	NKE	F	0.27%	0.39%	0.27%
	NOW	A	0.26%	0.8%	0.26%
	NTAP	D	0.16%	0.1%	0.1%
	NTRS	A	0.03%	0.08%	0.03%
	NUE	C	0.08%	0.14%	0.08%
	NVR	D	0.11%	0.11%	0.11%
	OKE	A	0.05%	0.23%	0.05%
	OKTA	C	0.0%	0.05%	0.0%
	OMC	B	0.07%	0.08%	0.07%
	ON	F	0.02%	0.12%	0.02%
	OTIS	C	0.04%	0.17%	0.04%
	PANW	A	0.31%	0.47%	0.31%
	PAYX	B	0.17%	0.18%	0.17%
	PCG	A	0.06%	0.17%	0.06%
	PEG	C	0.04%	0.17%	0.04%
	PEP	D	1.03%	0.94%	0.94%
	PFG	C	0.03%	0.08%	0.03%
	PG	C	0.57%	1.58%	0.57%
	PGR	A	0.65%	0.59%	0.59%
	PH	A	0.04%	0.34%	0.04%
	PINS	F	0.0%	0.08%	0.0%
	PKG	B	0.09%	0.08%	0.08%
	PLD	D	0.08%	0.43%	0.08%
	PNC	B	0.16%	0.3%	0.16%
	PPG	F	0.02%	0.12%	0.02%
	PRU	B	0.08%	0.18%	0.08%
	PSA	C	0.14%	0.22%	0.14%
	PWR	B	0.02%	0.18%	0.02%
	PYPL	A	0.07%	0.34%	0.07%
	QCOM	F	0.57%	0.75%	0.57%
	RCL	A	0.01%	0.19%	0.01%
	RF	B	0.06%	0.09%	0.06%
	RJF	A	0.03%	0.11%	0.03%
	RMD	C	0.1%	0.14%	0.1%
	ROK	B	0.09%	0.12%	0.09%
	ROP	A	0.47%	0.23%	0.23%
	RPRX	F	0.01%	0.04%	0.01%
	SBAC	D	0.01%	0.1%	0.01%
	SBUX	B	0.06%	0.44%	0.06%
	SHW	A	0.26%	0.36%	0.26%
	SLB	C	0.05%	0.23%	0.05%
	SNAP	C	0.0%	0.05%	0.0%
	SNOW	C	0.0%	0.15%	0.0%
	SNPS	B	0.29%	0.32%	0.29%
	SPG	B	0.03%	0.23%	0.03%
	SPGI	C	0.06%	0.62%	0.06%
	SRE	A	0.06%	0.21%	0.06%
	SSNC	C	0.02%	0.06%	0.02%
	STE	F	0.01%	0.09%	0.01%
	STX	D	0.07%	0.08%	0.07%
	SWKS	F	0.05%	0.06%	0.05%
	SYF	B	0.06%	0.09%	0.06%
	SYY	B	0.05%	0.16%	0.05%
	TEAM	B	0.0%	0.14%	0.0%
	TER	F	0.05%	0.07%	0.05%
	TFC	B	0.15%	0.23%	0.15%
	TGT	C	0.1%	0.28%	0.1%
	TJX	B	0.54%	0.53%	0.53%
	TRMB	B	0.01%	0.06%	0.01%
	TRU	D	0.01%	0.08%	0.01%
	TRV	B	0.45%	0.23%	0.23%
	TSCO	C	0.09%	0.12%	0.09%
	TSLA	B	0.27%	2.8%	0.27%
	TT	A	0.26%	0.36%	0.26%
	TTWO	A	0.01%	0.11%	0.01%
	TXN	C	1.13%	0.74%	0.74%
	ULTA	C	0.08%	0.08%	0.08%
	UNH	B	2.25%	2.11%	2.11%
	UPS	C	0.11%	0.39%	0.11%
	URI	B	0.04%	0.21%	0.04%
	USB	A	0.16%	0.29%	0.16%
	V	A	1.85%	1.88%	1.85%
	VEEV	B	0.09%	0.13%	0.09%
	VLO	D	0.14%	0.17%	0.14%
	VMC	B	0.02%	0.15%	0.02%
	VRSK	A	0.15%	0.16%	0.15%
	VRSN	C	0.22%	0.06%	0.06%
	VRTX	B	0.62%	0.52%	0.52%
	VTR	C	0.02%	0.1%	0.02%
	WAB	A	0.02%	0.14%	0.02%
	WAT	A	0.07%	0.09%	0.07%
	WBD	B	0.11%	0.07%	0.07%
	WDAY	B	0.15%	0.2%	0.15%
	WDC	D	0.02%	0.09%	0.02%
	WELL	B	0.04%	0.33%	0.04%
	WM	A	0.52%	0.36%	0.36%
	WMB	B	0.14%	0.26%	0.14%
	WST	B	0.06%	0.1%	0.06%
	WTW	A	0.15%	0.13%	0.13%
	WY	F	0.03%	0.09%	0.03%
	XYL	D	0.01%	0.12%	0.01%
	YUM	B	0.19%	0.15%	0.15%
	ZBH	C	0.02%	0.09%	0.02%
	ZBRA	A	0.01%	0.08%	0.01%
	ZS	B	0.0%	0.07%	0.0%
	ZTS	D	0.24%	0.33%	0.24%

QUS Overweight 303 Positions Relative to IQSU

	Symbol	Grade	Weight
	NVDA	B	2.8%
	META	B	2.41%
	LLY	F	2.09%
	JNJ	D	1.62%
	COST	B	1.33%
	BRK.A	B	1.06%
	JPM	B	1.01%
	WMT	A	0.93%
	KO	F	0.82%
	XOM	B	0.81%
	VZ	C	0.77%
	TMUS	A	0.76%
	LMT	C	0.75%
	APH	B	0.73%
	AMZN	A	0.69%
	T	A	0.66%
	CAT	C	0.63%
	AVGO	C	0.63%
	CB	C	0.62%
	MCK	A	0.6%
	DUK	D	0.59%
	ABBV	D	0.58%
	NOC	C	0.57%
	ORCL	A	0.54%
	SO	D	0.53%
	RSG	A	0.53%
	CVX	B	0.52%
	WCN	A	0.52%
	MCD	C	0.5%
	HON	B	0.49%
	MRK	F	0.48%
	WFC	A	0.46%
	ANET	C	0.41%
	COR	A	0.36%
	PFE	F	0.34%
	GDDY	A	0.32%
	FCNCA	B	0.32%
	AMGN	F	0.31%
	CVS	F	0.3%
	GM	A	0.3%
	GS	B	0.29%
	WEC	B	0.28%
	TSN	C	0.27%
	REGN	F	0.27%
	ORLY	A	0.25%
	BAH	C	0.24%
	BDX	D	0.24%
	FFIV	A	0.23%
	TDY	A	0.22%
	FANG	D	0.22%
	AON	A	0.21%
	GRMN	A	0.2%
	RTX	C	0.19%
	DHI	F	0.19%
	XEL	A	0.19%
	PTC	B	0.18%
	AEP	D	0.18%
	ROL	B	0.17%
	CTVA	C	0.17%
	ERIE	F	0.17%
	JNPR	D	0.17%
	UBER	F	0.17%
	F	C	0.16%
	COP	C	0.16%
	CMI	A	0.16%
	MDT	D	0.15%
	AFG	A	0.15%
	EOG	A	0.15%
	ABT	C	0.15%
	CPRT	A	0.14%
	PSX	D	0.14%
	MKL	A	0.14%
	ODFL	B	0.14%
	MOH	F	0.14%
	NFLX	A	0.13%
	D	D	0.13%
	NBIX	C	0.12%
	AIZ	A	0.12%
	MNST	B	0.12%
	WRB	B	0.12%
	L	A	0.12%
	AEE	A	0.11%
	PHM	D	0.11%
	PM	C	0.11%
	MCHP	F	0.11%
	TMO	F	0.11%
	UTHR	B	0.11%
	A	F	0.11%
	OXY	D	0.1%
	DE	D	0.1%
	CNC	F	0.09%
	TPL	B	0.09%
	DHR	F	0.09%
	TROW	B	0.09%
	DTE	D	0.09%
	EME	B	0.08%
	BLDR	D	0.08%
	UNP	C	0.08%
	VLTO	C	0.08%
	CMS	C	0.08%
	DECK	B	0.08%
	WBA	D	0.07%
	MANH	C	0.07%
	HUBB	B	0.07%
	DPZ	C	0.07%
	TW	C	0.07%
	LPLA	B	0.07%
	GD	A	0.07%
	PCAR	B	0.06%
	WSO	A	0.06%
	WSM	F	0.06%
	STT	B	0.06%
	SOLV	D	0.06%
	HCA	D	0.06%
	DOW	F	0.06%
	MO	A	0.06%
	LEN	D	0.06%
	SNA	A	0.06%
	SCHW	A	0.06%
	GGG	B	0.05%
	LNT	C	0.05%
	GEV	B	0.05%
	ETR	B	0.05%
	IEX	B	0.05%
	FDS	A	0.05%
	ETN	A	0.05%
	SYK	A	0.05%
	VTRS	B	0.05%
	NSC	B	0.05%
	CSX	B	0.05%
	MRO	B	0.04%
	VICI	D	0.04%
	PAYC	B	0.04%
	BKNG	A	0.04%
	JKHY	C	0.04%
	IP	C	0.04%
	ALLE	D	0.04%
	ATO	A	0.04%
	KNX	B	0.04%
	EPAM	B	0.04%
	BSX	A	0.04%
	O	D	0.04%
	DVN	F	0.04%
	EIX	C	0.04%
	STLD	B	0.04%
	BG	D	0.04%
	LHX	A	0.04%
	APA	F	0.04%
	POOL	D	0.04%
	EQT	B	0.03%
	ALLY	C	0.03%
	RS	B	0.03%
	KMX	C	0.03%
	SW	C	0.03%
	TTC	F	0.03%
	TRGP	B	0.03%
	ACI	C	0.03%
	PARA	C	0.03%
	CF	B	0.03%
	AOS	F	0.03%
	NRG	B	0.03%
	FSLR	F	0.03%
	NXPI	F	0.03%
	ROST	F	0.03%
	GEHC	F	0.03%
	SEIC	A	0.03%
	OVV	C	0.03%
	MKTX	C	0.03%
	JBL	C	0.03%
	CTRA	B	0.03%
	CEG	D	0.03%
	MOS	D	0.03%
	LW	C	0.03%
	CINF	A	0.03%
	SMCI	F	0.03%
	ISRG	A	0.03%
	BXP	D	0.02%
	IPG	F	0.02%
	CCK	D	0.02%
	MRNA	F	0.02%
	STZ	D	0.02%
	RVTY	C	0.02%
	LKQ	D	0.02%
	SJM	F	0.02%
	AMCR	D	0.02%
	EMN	D	0.02%
	EXPE	B	0.02%
	GPC	D	0.02%
	ALB	B	0.02%
	NI	A	0.02%
	EQH	B	0.02%
	UHS	D	0.02%
	KIM	A	0.02%
	OC	A	0.02%
	J	B	0.02%
	TXT	C	0.02%
	FNF	C	0.02%
	LDOS	B	0.02%
	CRBG	C	0.02%
	CNP	B	0.02%
	EVRG	A	0.02%
	VST	B	0.02%
	HES	C	0.02%
	CHRW	A	0.02%
	FOXA	A	0.02%
	TAP	B	0.02%
	IQV	F	0.02%
	DINO	D	0.02%
	AME	A	0.02%
	SWK	F	0.02%
	FE	D	0.02%
	BAX	F	0.02%
	CNH	D	0.02%
	BA	F	0.02%
	SQ	B	0.02%
	PPL	A	0.02%
	TTD	B	0.01%
	MTCH	F	0.01%
	RIVN	D	0.01%
	ENTG	D	0.01%
	TYL	B	0.01%
	LUV	B	0.01%
	BBWI	C	0.01%
	ALGN	F	0.01%
	LYV	B	0.01%
	PLTR	B	0.01%
	Z	B	0.01%
	NDSN	B	0.01%
	LII	B	0.01%
	BIO	C	0.01%
	LVS	C	0.01%
	TFX	F	0.01%
	QRVO	F	0.01%
	VRT	B	0.01%
	AMH	C	0.01%
	UDR	C	0.01%
	ARES	B	0.01%
	WLK	F	0.01%
	ILMN	C	0.01%
	CTLT	D	0.01%
	DVA	C	0.01%
	CSGP	D	0.01%
	MGM	D	0.01%
	UHAL	C	0.01%
	CPT	C	0.01%
	GLPI	D	0.01%
	TDG	B	0.01%
	CRL	C	0.01%
	WTRG	C	0.01%
	AVY	F	0.01%
	HII	D	0.01%
	FOX	A	0.01%
	HST	C	0.01%
	FBIN	F	0.01%
	CSL	B	0.01%
	PNR	A	0.01%
	REG	A	0.01%
	RPM	A	0.01%
	SUI	D	0.01%
	NWSA	B	0.01%
	BEN	C	0.01%
	COIN	B	0.01%
	TWLO	A	0.01%
	WPC	F	0.01%
	AES	F	0.01%
	HSIC	F	0.01%
	DAL	A	0.01%
	BURL	C	0.01%
	CCL	A	0.01%
	CE	F	0.01%
	ACM	B	0.01%
	HWM	A	0.01%
	CHRD	F	0.01%
	DKS	F	0.01%
	BRO	A	0.01%
	ZM	B	0.01%
	CG	C	0.01%
	DRI	B	0.01%
	APP	B	0.01%
	CELH	F	0.0%
	IOT	B	0.0%
	NET	B	0.0%
	RBLX	B	0.0%
	TOST	A	0.0%
	DKNG	B	0.0%
	BSY	F	0.0%
	DDOG	B	0.0%
	PSTG	D	0.0%
	H	B	0.0%
	WYNN	F	0.0%
	DT	C	0.0%
	DOCU	B	0.0%
	PODD	B	0.0%
	HEI	B	0.0%
	MSTR	B	0.0%
	EXAS	F	0.0%
	DAY	C	0.0%
	ROKU	C	0.0%
	HEI	B	0.0%
	ELS	C	0.0%
	TECH	B	0.0%
	AXON	B	0.0%
	HOOD	B	0.0%

QUS Underweight 2 Positions Relative to IQSU

	Symbol	Grade	Weight
	DOX	C	-0.04%
	AGR	C	-0.01%

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management 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

IQSU: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diversified Industrials Banks - Regional - US Semiconductors Credit Services Household & Personal Products Packaged Foods Software - Infrastructure Specialty Chemicals Asset Management Diagnostics & Research Specialty Retail Biotechnology Capital Markets Information Technology Services Internet Content & Information REIT - Residential Semiconductor Equipment & Materials Utilities - Regulated Electric

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Bank Dow Jones Component Semiconductor Banking Real Estate Investment Trust Electronics Integrated Circuits Investment Bank Work From Home Chemical Cloud Computing Disability Insurance Products Mobile Devices Telecommunications