QUS vs. IUSV ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to iShares Core U.S. Vaue ETF (IUSV)

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

$157.46

Average Daily Volume

17,326

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value 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. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$95.13

Average Daily Volume

465,719

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

Performance

Period	QUS	IUSV
30 Days	2.18%	1.80%
60 Days	9.14%	8.53%
90 Days	5.76%	9.00%
12 Months	33.62%	32.31%

447 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in IUSV	Overlap
A	B	0.13%	0.19%	0.13%
ABBV	C	0.59%	0.97%	0.59%
ABNB	D	0.02%	0.13%	0.02%
ABT	C	0.15%	0.87%	0.15%
ACM	A	0.01%	0.03%	0.01%
ACN	B	1.18%	0.45%	0.45%
ADI	B	0.15%	0.21%	0.15%
ADM	F	0.09%	0.13%	0.09%
ADP	A	0.51%	0.3%	0.3%
ADSK	B	0.14%	0.13%	0.13%
AEE	A	0.11%	0.1%	0.1%
AEP	C	0.2%	0.24%	0.2%
AES	C	0.02%	0.06%	0.02%
AFG	A	0.15%	0.04%	0.04%
AFL	A	0.22%	0.25%	0.22%
AIG	C	0.12%	0.21%	0.12%
AIZ	B	0.11%	0.05%	0.05%
AJG	C	0.45%	0.13%	0.13%
AKAM	D	0.17%	0.04%	0.04%
ALB	D	0.02%	0.05%	0.02%
ALGN	D	0.01%	0.04%	0.01%
ALL	A	0.06%	0.22%	0.06%
ALLE	A	0.04%	0.03%	0.03%
ALLY	F	0.03%	0.04%	0.03%
AMCR	C	0.02%	0.07%	0.02%
AME	C	0.02%	0.09%	0.02%
AMGN	D	0.31%	0.77%	0.31%
AMH	D	0.01%	0.02%	0.01%
AMP	A	0.03%	0.1%	0.03%
AMT	D	0.04%	0.28%	0.04%
ANSS	D	0.01%	0.05%	0.01%
AON	A	0.19%	0.16%	0.16%
AOS	C	0.03%	0.02%	0.02%
APD	C	0.04%	0.3%	0.04%
APH	D	0.65%	0.15%	0.15%
APTV	D	0.03%	0.09%	0.03%
ARE	D	0.02%	0.08%	0.02%
ATO	A	0.04%	0.09%	0.04%
AVB	C	0.02%	0.14%	0.02%
AVTR	D	0.01%	0.05%	0.01%
AVY	D	0.01%	0.08%	0.01%
AWK	D	0.02%	0.13%	0.02%
AXP	A	0.1%	0.2%	0.1%
AZO	D	0.37%	0.08%	0.08%
BA	F	0.03%	0.23%	0.03%
BAC	B	0.59%	1.19%	0.59%
BALL	C	0.02%	0.09%	0.02%
BAX	D	0.03%	0.09%	0.03%
BBWI	F	0.01%	0.03%	0.01%
BBY	C	0.1%	0.09%	0.09%
BDX	C	0.26%	0.31%	0.26%
BEN	F	0.01%	0.03%	0.01%
BG	F	0.05%	0.06%	0.05%
BIIB	F	0.03%	0.13%	0.03%
BIO	B	0.01%	0.03%	0.01%
BK	A	0.08%	0.24%	0.08%
BKR	B	0.04%	0.16%	0.04%
BLK	A	0.42%	0.59%	0.42%
BMRN	F	0.09%	0.03%	0.03%
BMY	A	0.33%	0.46%	0.33%
BR	B	0.03%	0.05%	0.03%
BRK.A	B	1.08%	3.73%	1.08%
BRO	A	0.01%	0.02%	0.01%
BSX	A	0.04%	0.25%	0.04%
BURL	C	0.01%	0.03%	0.01%
BX	C	0.04%	0.14%	0.04%
BXP	B	0.01%	0.05%	0.01%
C	B	0.41%	0.53%	0.41%
CAG	D	0.03%	0.07%	0.03%
CAH	B	0.11%	0.12%	0.11%
CARR	A	0.04%	0.16%	0.04%
CAT	A	0.65%	0.35%	0.35%
CB	A	0.67%	0.48%	0.48%
CBOE	B	0.31%	0.03%	0.03%
CBRE	C	0.05%	0.17%	0.05%
CCI	D	0.03%	0.23%	0.03%
CCK	C	0.02%	0.03%	0.02%
CCL	C	0.01%	0.02%	0.01%
CDW	D	0.24%	0.08%	0.08%
CEG	A	0.04%	0.2%	0.04%
CF	A	0.03%	0.03%	0.03%
CFG	C	0.06%	0.08%	0.06%
CG	B	0.01%	0.02%	0.01%
CHD	D	0.14%	0.06%	0.06%
CHK	C	0.05%	0.04%	0.04%
CHRW	C	0.02%	0.06%	0.02%
CHTR	D	0.08%	0.08%	0.08%
CI	D	0.26%	0.43%	0.26%
CINF	A	0.03%	0.1%	0.03%
CL	D	0.18%	0.23%	0.18%
CLX	C	0.01%	0.09%	0.01%
CMCSA	B	0.41%	0.72%	0.41%
CME	A	0.23%	0.22%	0.22%
CMI	A	0.15%	0.2%	0.15%
CMS	A	0.09%	0.09%	0.09%
CNC	F	0.11%	0.17%	0.11%
CNH	C	0.03%	0.04%	0.03%
CNP	B	0.02%	0.09%	0.02%
COF	A	0.13%	0.25%	0.13%
COP	D	0.17%	0.17%	0.17%
COR	F	0.33%	0.17%	0.17%
COST	C	1.28%	1.01%	1.01%
CPB	D	0.13%	0.04%	0.04%
CPT	C	0.01%	0.06%	0.01%
CRL	F	0.01%	0.05%	0.01%
CSCO	A	1.24%	0.95%	0.95%
CSGP	F	0.01%	0.08%	0.01%
CSX	D	0.05%	0.15%	0.05%
CTAS	C	0.22%	0.14%	0.14%
CTLT	A	0.01%	0.05%	0.01%
CTRA	D	0.03%	0.03%	0.03%
CTSH	B	0.39%	0.17%	0.17%
CTVA	A	0.17%	0.18%	0.17%
CVS	D	0.34%	0.34%	0.34%
CVX	B	0.51%	1.1%	0.51%
D	A	0.14%	0.21%	0.14%
DAL	C	0.01%	0.07%	0.01%
DAY	C	0.0%	0.02%	0.0%
DD	C	0.04%	0.17%	0.04%
DE	C	0.11%	0.21%	0.11%
DELL	C	0.05%	0.07%	0.05%
DFS	A	0.06%	0.07%	0.06%
DG	F	0.02%	0.09%	0.02%
DGX	D	0.06%	0.08%	0.06%
DHR	D	0.1%	0.79%	0.1%
DINO	F	0.02%	0.03%	0.02%
DIS	D	0.14%	0.78%	0.14%
DKS	D	0.01%	0.03%	0.01%
DLR	C	0.03%	0.13%	0.03%
DLTR	F	0.02%	0.07%	0.02%
DOC	C	0.01%	0.07%	0.01%
DOV	C	0.02%	0.12%	0.02%
DOW	B	0.07%	0.17%	0.07%
DPZ	D	0.07%	0.04%	0.04%
DRI	C	0.02%	0.04%	0.02%
DTE	B	0.1%	0.12%	0.1%
DUK	C	0.63%	0.4%	0.4%
DVA	C	0.01%	0.02%	0.01%
DVN	F	0.04%	0.11%	0.04%
DXCM	F	0.0%	0.05%	0.0%
EA	D	0.28%	0.09%	0.09%
EBAY	A	0.02%	0.14%	0.02%
ECL	C	0.03%	0.14%	0.03%
ED	C	0.46%	0.16%	0.16%
EFX	D	0.02%	0.1%	0.02%
EG	A	0.19%	0.08%	0.08%
EIX	C	0.05%	0.15%	0.05%
EL	D	0.02%	0.1%	0.02%
ELS	D	0.0%	0.02%	0.0%
ELV	F	0.38%	0.54%	0.38%
EMN	C	0.02%	0.06%	0.02%
EMR	B	0.04%	0.28%	0.04%
ENPH	F	0.05%	0.04%	0.04%
EOG	B	0.15%	0.11%	0.11%
EPAM	F	0.04%	0.03%	0.03%
EQH	B	0.02%	0.01%	0.01%
EQIX	C	0.02%	0.2%	0.02%
EQR	C	0.02%	0.11%	0.02%
EQT	C	0.02%	0.1%	0.02%
ERIE	A	0.22%	0.03%	0.03%
ES	D	0.03%	0.11%	0.03%
ESS	D	0.01%	0.08%	0.01%
ETN	B	0.05%	0.22%	0.05%
ETR	A	0.04%	0.12%	0.04%
EVRG	C	0.02%	0.06%	0.02%
EW	F	0.12%	0.11%	0.11%
EXC	C	0.06%	0.18%	0.06%
EXPD	D	0.07%	0.05%	0.05%
EXR	D	0.03%	0.17%	0.03%
F	D	0.16%	0.19%	0.16%
FAST	C	0.14%	0.09%	0.09%
FBIN	C	0.01%	0.03%	0.01%
FCX	B	0.05%	0.16%	0.05%
FDS	C	0.05%	0.04%	0.04%
FDX	F	0.11%	0.27%	0.11%
FE	C	0.03%	0.1%	0.03%
FFIV	B	0.21%	0.06%	0.06%
FI	A	0.27%	0.22%	0.22%
FIS	A	0.03%	0.2%	0.03%
FITB	C	0.05%	0.13%	0.05%
FNF	C	0.02%	0.06%	0.02%
FOX	B	0.01%	0.02%	0.01%
FOXA	B	0.02%	0.04%	0.02%
FSLR	C	0.04%	0.12%	0.04%
GD	C	0.08%	0.34%	0.08%
GE	B	0.12%	0.51%	0.12%
GEHC	C	0.03%	0.19%	0.03%
GEN	A	0.12%	0.07%	0.07%
GEV	A	0.04%	0.17%	0.04%
GILD	A	0.41%	0.46%	0.41%
GIS	C	0.3%	0.18%	0.18%
GLPI	C	0.01%	0.04%	0.01%
GLW	C	0.14%	0.15%	0.14%
GM	D	0.25%	0.23%	0.23%
GPC	D	0.02%	0.09%	0.02%
GPN	F	0.03%	0.11%	0.03%
GRMN	D	0.17%	0.06%	0.06%
GS	B	0.25%	0.7%	0.25%
GWW	B	0.17%	0.05%	0.05%
HAL	D	0.03%	0.11%	0.03%
HBAN	B	0.05%	0.1%	0.05%
HCA	C	0.07%	0.17%	0.07%
HD	A	0.35%	1.11%	0.35%
HIG	A	0.09%	0.15%	0.09%
HII	F	0.01%	0.05%	0.01%
HOLX	D	0.07%	0.08%	0.07%
HON	C	0.48%	0.6%	0.48%
HPE	B	0.06%	0.12%	0.06%
HPQ	B	0.07%	0.15%	0.07%
HRL	F	0.08%	0.04%	0.04%
HSIC	D	0.01%	0.04%	0.01%
HST	D	0.01%	0.02%	0.01%
HSY	D	0.2%	0.08%	0.08%
HUBB	A	0.07%	0.06%	0.06%
HUM	F	0.2%	0.17%	0.17%
HWM	A	0.01%	0.08%	0.01%
IBM	A	0.73%	0.91%	0.73%
ICE	A	0.15%	0.41%	0.15%
IDXX	D	0.15%	0.08%	0.08%
IEX	D	0.04%	0.07%	0.04%
IFF	D	0.02%	0.12%	0.02%
ILMN	B	0.01%	0.09%	0.01%
INCY	B	0.18%	0.05%	0.05%
INTC	D	0.17%	0.45%	0.17%
INVH	D	0.01%	0.09%	0.01%
IP	C	0.03%	0.08%	0.03%
IPG	D	0.02%	0.05%	0.02%
IQV	F	0.02%	0.11%	0.02%
IR	A	0.02%	0.04%	0.02%
IRM	B	0.01%	0.08%	0.01%
ISRG	C	0.03%	0.26%	0.03%
ITW	C	0.27%	0.17%	0.17%
J	F	0.02%	0.09%	0.02%
JBHT	D	0.05%	0.06%	0.05%
JBL	C	0.03%	0.03%	0.03%
JCI	C	0.05%	0.23%	0.05%
JKHY	A	0.04%	0.06%	0.04%
JNJ	D	1.75%	1.73%	1.73%
JNPR	C	0.18%	0.06%	0.06%
JPM	C	0.91%	2.67%	0.91%
K	B	0.29%	0.1%	0.1%
KDP	C	0.28%	0.18%	0.18%
KEY	B	0.04%	0.07%	0.04%
KEYS	B	0.27%	0.12%	0.12%
KHC	F	0.2%	0.14%	0.14%
KIM	C	0.02%	0.07%	0.02%
KMB	D	0.1%	0.21%	0.1%
KMI	A	0.06%	0.19%	0.06%
KMX	F	0.03%	0.05%	0.03%
KNX	D	0.04%	0.04%	0.04%
KO	C	0.95%	0.76%	0.76%
KR	C	0.31%	0.17%	0.17%
KVUE	C	0.04%	0.2%	0.04%
L	C	0.12%	0.06%	0.06%
LDOS	A	0.02%	0.1%	0.02%
LEN	C	0.07%	0.09%	0.07%
LHX	A	0.04%	0.2%	0.04%
LIN	C	0.17%	0.49%	0.17%
LKQ	F	0.02%	0.05%	0.02%
LMT	A	0.83%	0.55%	0.55%
LNT	B	0.05%	0.07%	0.05%
LOW	C	0.13%	0.68%	0.13%
LUV	B	0.01%	0.08%	0.01%
LVS	B	0.01%	0.03%	0.01%
LW	D	0.03%	0.01%	0.01%
LYB	B	0.05%	0.11%	0.05%
MA	A	1.62%	0.51%	0.51%
MAA	D	0.01%	0.08%	0.01%
MAS	C	0.01%	0.04%	0.01%
MCD	A	0.52%	0.54%	0.52%
MCHP	F	0.12%	0.08%	0.08%
MCK	F	0.5%	0.28%	0.28%
MCO	D	0.21%	0.18%	0.18%
MDLZ	D	0.25%	0.26%	0.25%
MDT	C	0.15%	0.51%	0.15%
MET	A	0.09%	0.22%	0.09%
MGM	D	0.01%	0.01%	0.01%
MKC	C	0.01%	0.09%	0.01%
MKTX	B	0.03%	0.04%	0.03%
MLM	F	0.02%	0.05%	0.02%
MMC	D	0.69%	0.24%	0.24%
MMM	C	0.29%	0.34%	0.29%
MNST	D	0.12%	0.07%	0.07%
MO	D	0.06%	0.39%	0.06%
MOH	F	0.15%	0.04%	0.04%
MOS	F	0.03%	0.04%	0.03%
MPC	D	0.34%	0.11%	0.11%
MRK	F	0.55%	0.77%	0.55%
MRNA	F	0.02%	0.1%	0.02%
MRO	B	0.04%	0.03%	0.03%
MS	A	0.16%	0.58%	0.16%
MSCI	B	0.01%	0.09%	0.01%
MSI	A	0.59%	0.14%	0.14%
MTB	A	0.07%	0.13%	0.07%
MTCH	B	0.01%	0.04%	0.01%
MTD	C	0.01%	0.09%	0.01%
MU	D	0.07%	0.53%	0.07%
NDAQ	C	0.02%	0.13%	0.02%
NDSN	C	0.01%	0.06%	0.01%
NEE	C	0.11%	0.77%	0.11%
NEM	C	0.25%	0.28%	0.25%
NI	A	0.02%	0.07%	0.02%
NKE	D	0.33%	0.27%	0.27%
NOC	B	0.61%	0.32%	0.32%
NRG	A	0.03%	0.08%	0.03%
NSC	C	0.05%	0.25%	0.05%
NTAP	D	0.16%	0.07%	0.07%
NTRS	B	0.03%	0.08%	0.03%
NUE	D	0.08%	0.06%	0.06%
NWSA	D	0.01%	0.04%	0.01%
NXPI	F	0.03%	0.07%	0.03%
O	C	0.05%	0.24%	0.05%
OKE	A	0.05%	0.09%	0.05%
OMC	C	0.07%	0.09%	0.07%
ON	F	0.02%	0.08%	0.02%
ORLY	A	0.25%	0.08%	0.08%
OTIS	A	0.04%	0.11%	0.04%
OXY	D	0.11%	0.15%	0.11%
PARA	F	0.03%	0.03%	0.03%
PAYC	D	0.03%	0.02%	0.02%
PAYX	B	0.16%	0.11%	0.11%
PCAR	D	0.05%	0.06%	0.05%
PCG	C	0.06%	0.19%	0.06%
PEG	A	0.04%	0.2%	0.04%
PEP	F	1.1%	0.67%	0.67%
PFE	D	0.38%	0.73%	0.38%
PFG	A	0.03%	0.08%	0.03%
PG	D	0.61%	1.11%	0.61%
PGR	B	0.65%	0.33%	0.33%
PH	A	0.04%	0.08%	0.04%
PKG	B	0.08%	0.09%	0.08%
PLD	D	0.09%	0.52%	0.09%
PM	D	0.11%	0.53%	0.11%
PNC	C	0.15%	0.32%	0.15%
PNR	C	0.01%	0.02%	0.01%
PODD	C	0.0%	0.05%	0.0%
POOL	D	0.05%	0.03%	0.03%
PPG	D	0.03%	0.14%	0.03%
PPL	C	0.03%	0.11%	0.03%
PRU	B	0.08%	0.19%	0.08%
PSA	C	0.15%	0.15%	0.15%
PSX	D	0.15%	0.24%	0.15%
PTC	B	0.17%	0.04%	0.04%
PWR	A	0.02%	0.06%	0.02%
PYPL	A	0.07%	0.35%	0.07%
QCOM	D	0.57%	0.41%	0.41%
QRVO	F	0.01%	0.04%	0.01%
REG	C	0.01%	0.05%	0.01%
REGN	D	0.36%	0.2%	0.2%
RF	B	0.05%	0.09%	0.05%
RJF	B	0.03%	0.1%	0.03%
RMD	C	0.1%	0.16%	0.1%
ROK	D	0.1%	0.07%	0.07%
ROL	C	0.17%	0.04%	0.04%
ROP	D	0.47%	0.15%	0.15%
RPM	A	0.01%	0.03%	0.01%
RSG	D	0.52%	0.08%	0.08%
RTX	A	0.19%	0.71%	0.19%
RVTY	C	0.02%	0.07%	0.02%
SBAC	C	0.01%	0.07%	0.01%
SBUX	B	0.06%	0.2%	0.06%
SCHW	D	0.06%	0.43%	0.06%
SEIC	B	0.03%	0.02%	0.02%
SHW	C	0.26%	0.2%	0.2%
SJM	D	0.02%	0.06%	0.02%
SLB	D	0.05%	0.27%	0.05%
SNA	C	0.05%	0.04%	0.04%
SO	A	0.56%	0.44%	0.44%
SOLV	C	0.06%	0.04%	0.04%
SPG	A	0.03%	0.14%	0.03%
SPGI	C	0.07%	0.41%	0.07%
SRE	C	0.06%	0.23%	0.06%
STE	D	0.01%	0.05%	0.01%
STLD	C	0.04%	0.03%	0.03%
STT	A	0.05%	0.12%	0.05%
STX	C	0.07%	0.06%	0.06%
STZ	D	0.02%	0.18%	0.02%
SW	C	0.03%	0.11%	0.03%
SWK	C	0.03%	0.08%	0.03%
SWKS	F	0.05%	0.07%	0.05%
SYF	A	0.05%	0.09%	0.05%
SYK	C	0.05%	0.2%	0.05%
SYY	D	0.05%	0.17%	0.05%
T	B	0.68%	0.7%	0.68%
TAP	D	0.02%	0.04%	0.02%
TDY	A	0.2%	0.09%	0.09%
TECH	D	0.01%	0.06%	0.01%
TER	C	0.06%	0.1%	0.06%
TFC	D	0.14%	0.25%	0.14%
TFX	C	0.01%	0.05%	0.01%
TGT	C	0.1%	0.32%	0.1%
TJX	D	0.55%	0.21%	0.21%
TMO	D	0.13%	0.65%	0.13%
TMUS	A	0.69%	0.45%	0.45%
TPL	A	0.06%	0.02%	0.02%
TRMB	B	0.01%	0.07%	0.01%
TROW	D	0.09%	0.11%	0.09%
TRV	B	0.43%	0.24%	0.24%
TSCO	A	0.1%	0.08%	0.08%
TSN	D	0.28%	0.08%	0.08%
TT	A	0.25%	0.12%	0.12%
TTC	F	0.03%	0.02%	0.02%
TTWO	D	0.01%	0.06%	0.01%
TXN	C	1.07%	0.54%	0.54%
TXT	F	0.02%	0.07%	0.02%
UDR	C	0.01%	0.06%	0.01%
UHS	D	0.02%	0.06%	0.02%
ULTA	D	0.08%	0.03%	0.03%
UNH	B	2.2%	1.48%	1.48%
UNP	F	0.08%	0.36%	0.08%
UPS	D	0.11%	0.44%	0.11%
USB	C	0.14%	0.32%	0.14%
UTHR	C	0.1%	0.04%	0.04%
V	B	1.72%	0.7%	0.7%
VICI	C	0.04%	0.15%	0.04%
VLO	F	0.14%	0.19%	0.14%
VLTO	A	0.09%	0.12%	0.09%
VMC	D	0.02%	0.05%	0.02%
VRSK	D	0.15%	0.08%	0.08%
VRSN	C	0.23%	0.04%	0.04%
VRTX	D	0.59%	0.19%	0.19%
VTR	C	0.02%	0.12%	0.02%
VTRS	D	0.05%	0.06%	0.05%
VZ	C	0.89%	0.84%	0.84%
WAB	A	0.02%	0.14%	0.02%
WAT	B	0.07%	0.06%	0.06%
WBA	F	0.06%	0.03%	0.03%
WBD	F	0.1%	0.08%	0.08%
WDC	C	0.02%	0.1%	0.02%
WEC	B	0.29%	0.13%	0.13%
WELL	C	0.03%	0.33%	0.03%
WFC	B	0.37%	0.85%	0.37%
WM	B	0.5%	0.18%	0.18%
WMB	A	0.12%	0.15%	0.12%
WMT	A	0.92%	1.54%	0.92%
WPC	C	0.01%	0.06%	0.01%
WRB	C	0.12%	0.08%	0.08%
WTRG	D	0.01%	0.02%	0.01%
WTW	C	0.15%	0.13%	0.13%
WY	C	0.03%	0.11%	0.03%
XEL	C	0.19%	0.16%	0.16%
XOM	A	0.83%	2.29%	0.83%
XYL	C	0.02%	0.15%	0.02%
YUM	C	0.19%	0.09%	0.09%
ZBH	F	0.02%	0.1%	0.02%
ZBRA	B	0.01%	0.08%	0.01%
ZTS	C	0.28%	0.18%	0.18%

QUS Overweight 135 Positions Relative to IUSV

Symbol	Grade	Weight
AAPL	C	3.29%
MSFT	D	2.76%
META	A	2.43%
LLY	D	2.3%
NVDA	B	2.29%
GOOGL	B	1.18%
GOOG	B	1.09%
ADBE	F	0.72%
AMZN	C	0.63%
AVGO	B	0.6%
AMAT	C	0.57%
WCN	D	0.52%
ORCL	A	0.49%
ACGL	A	0.42%
ANET	A	0.4%
KLAC	B	0.36%
LRCX	D	0.35%
FCNCA	D	0.28%
GDDY	B	0.28%
PANW	B	0.27%
CDNS	D	0.26%
SNPS	F	0.26%
NOW	B	0.23%
CMG	C	0.22%
BAH	C	0.22%
TSLA	C	0.22%
DHI	C	0.22%
FANG	D	0.22%
UBER	C	0.18%
FICO	C	0.17%
MKL	B	0.14%
WDAY	D	0.14%
CPRT	B	0.13%
MPWR	B	0.12%
NFLX	A	0.12%
NVR	C	0.12%
PHM	C	0.12%
ODFL	F	0.12%
IT	A	0.12%
NBIX	F	0.11%
CRM	B	0.1%
LULU	D	0.1%
ALNY	C	0.09%
BLDR	C	0.09%
DECK	B	0.08%
MELI	D	0.08%
VEEV	C	0.08%
HUBS	D	0.07%
EME	B	0.07%
WSM	C	0.07%
MANH	A	0.07%
TW	A	0.07%
AMD	C	0.07%
LPLA	D	0.06%
WST	D	0.06%
GGG	C	0.05%
LNG	A	0.05%
CRWD	D	0.05%
WSO	C	0.05%
APA	F	0.05%
KKR	A	0.04%
URI	C	0.04%
ACI	F	0.03%
OVV	D	0.03%
ROST	D	0.03%
BKNG	B	0.03%
INTU	F	0.03%
SSNC	C	0.02%
MRVL	C	0.02%
MAR	A	0.02%
OC	C	0.02%
VST	A	0.02%
FTV	C	0.02%
CRBG	B	0.02%
HES	D	0.02%
TRGP	A	0.02%
CE	D	0.02%
SQ	D	0.02%
APO	A	0.02%
RS	D	0.02%
TYL	D	0.01%
RIVN	F	0.01%
Z	C	0.01%
VRT	B	0.01%
LYV	A	0.01%
ENTG	D	0.01%
APP	A	0.01%
LII	C	0.01%
COIN	F	0.01%
ARES	A	0.01%
DASH	A	0.01%
TWLO	B	0.01%
RCL	B	0.01%
UHAL	C	0.01%
RPRX	D	0.01%
WLK	C	0.01%
FTNT	A	0.01%
HLT	A	0.01%
TDG	A	0.01%
CSL	A	0.01%
TRU	C	0.01%
ZM	B	0.01%
SUI	D	0.01%
CPAY	A	0.01%
CHRD	F	0.01%
EXPE	B	0.01%
CELH	F	0.0%
TEAM	D	0.0%
ZS	F	0.0%
IOT	C	0.0%
NET	D	0.0%
RBLX	D	0.0%
TOST	B	0.0%
MDB	D	0.0%
DKNG	C	0.0%
DDOG	B	0.0%
BSY	D	0.0%
MSTR	B	0.0%
PSTG	F	0.0%
SNAP	D	0.0%
DOCU	A	0.0%
H	B	0.0%
DT	B	0.0%
SNOW	F	0.0%
WYNN	B	0.0%
HEI	C	0.0%
AXON	A	0.0%
ROKU	C	0.0%
HOOD	B	0.0%
PINS	D	0.0%
HEI	C	0.0%
EXAS	C	0.0%
PLTR	A	0.0%
OKTA	F	0.0%
TTD	A	0.0%

QUS Underweight 280 Positions Relative to IUSV

Symbol	Grade	Weight
TEL	D	-0.12%
LH	D	-0.08%
UAL	A	-0.08%
USFD	C	-0.07%
THC	D	-0.07%
JLL	C	-0.06%
COO	C	-0.06%
COHR	B	-0.06%
RGA	B	-0.06%
AA	B	-0.05%
ARMK	C	-0.05%
NLY	C	-0.05%
BJ	B	-0.05%
TPR	B	-0.05%
RRX	B	-0.05%
PFGC	A	-0.05%
IVZ	A	-0.04%
BERY	C	-0.04%
FYBR	C	-0.04%
WBS	D	-0.04%
X	F	-0.04%
GMED	B	-0.04%
FLR	B	-0.04%
OGE	C	-0.04%
FMC	C	-0.04%
MHK	C	-0.04%
BWA	C	-0.04%
FHN	D	-0.04%
AR	C	-0.04%
UNM	A	-0.04%
ORI	A	-0.04%
LAD	C	-0.04%
FRT	D	-0.04%
GME	D	-0.04%
GPK	D	-0.04%
SNX	C	-0.04%
HAS	A	-0.04%
GL	C	-0.04%
SF	A	-0.04%
JEF	A	-0.04%
PNW	C	-0.04%
SRCL	B	-0.03%
NNN	C	-0.03%
SCI	D	-0.03%
INGR	B	-0.03%
KRG	C	-0.03%
PVH	D	-0.03%
THO	C	-0.03%
WHR	C	-0.03%
VMI	B	-0.03%
DAR	F	-0.03%
ONB	D	-0.03%
AGCO	D	-0.03%
CLF	D	-0.03%
IBKR	A	-0.03%
OHI	C	-0.03%
RNR	A	-0.03%
SNV	D	-0.03%
SFM	A	-0.03%
CMC	D	-0.03%
R	C	-0.03%
G	A	-0.03%
NOV	F	-0.03%
VNO	B	-0.03%
OSK	F	-0.03%
LEA	F	-0.03%
STWD	C	-0.03%
HR	D	-0.03%
REXR	D	-0.03%
XPO	F	-0.03%
PB	D	-0.03%
ZION	D	-0.03%
FAF	C	-0.03%
CACI	A	-0.03%
ESNT	A	-0.03%
WTFC	B	-0.03%
ARW	C	-0.03%
SSB	C	-0.03%
TMHC	C	-0.03%
ADC	C	-0.03%
MTZ	A	-0.03%
AAL	D	-0.03%
WCC	D	-0.03%
GBCI	B	-0.02%
EHC	C	-0.02%
EWBC	B	-0.02%
AMG	B	-0.02%
SON	D	-0.02%
CUBE	C	-0.02%
CIEN	A	-0.02%
THG	A	-0.02%
UGI	C	-0.02%
KD	D	-0.02%
XRAY	D	-0.02%
POST	C	-0.02%
NFG	A	-0.02%
COLB	C	-0.02%
MDU	C	-0.02%
ST	F	-0.02%
NVST	D	-0.02%
IDA	D	-0.02%
NYCB	D	-0.02%
PRGO	F	-0.02%
NWE	C	-0.02%
RL	B	-0.02%
OLN	D	-0.02%
AMKR	F	-0.02%
EGP	D	-0.02%
STAG	D	-0.02%
MAN	D	-0.02%
CHE	D	-0.02%
FLS	A	-0.02%
CNO	B	-0.02%
ALE	A	-0.02%
GNRC	B	-0.02%
MAT	B	-0.02%
CZR	B	-0.02%
BRBR	A	-0.02%
KMPR	D	-0.02%
MIDD	D	-0.02%
DCI	B	-0.02%
MKSI	F	-0.02%
CNM	F	-0.02%
FR	D	-0.02%
CGNX	F	-0.02%
VLY	C	-0.02%
PNM	B	-0.02%
SR	D	-0.02%
JAZZ	F	-0.02%
AYI	A	-0.02%
MTG	A	-0.02%
OGS	C	-0.02%
ORA	C	-0.02%
CFR	B	-0.02%
KRC	C	-0.02%
SLGN	B	-0.02%
CBSH	D	-0.02%
ASGN	D	-0.02%
ASH	F	-0.02%
SBRA	C	-0.02%
KEX	C	-0.02%
LITE	A	-0.02%
ATR	A	-0.02%
M	D	-0.02%
BKH	C	-0.02%
CW	A	-0.02%
PNFP	B	-0.02%
CUZ	C	-0.02%
FLO	D	-0.02%
RGLD	C	-0.02%
PII	D	-0.02%
SWX	C	-0.02%
AVNT	C	-0.02%
IRT	D	-0.02%
UMBF	C	-0.02%
WAL	C	-0.02%
VOYA	A	-0.02%
BRX	C	-0.02%
KBR	A	-0.02%
HOG	D	-0.02%
SAIC	A	-0.02%
TKO	A	-0.02%
NJR	C	-0.02%
UBSI	D	-0.02%
GAP	F	-0.02%
AN	D	-0.02%
BDC	A	-0.02%
AVT	B	-0.02%
JHG	A	-0.02%
LAMR	C	-0.02%
HOMB	D	-0.02%
FNB	D	-0.02%
POR	D	-0.02%
NXST	D	-0.02%
ALTM	D	-0.01%
IPGP	D	-0.01%
YETI	C	-0.01%
BLKB	C	-0.01%
WEN	B	-0.01%
PSN	A	-0.01%
EPR	C	-0.01%
SAM	D	-0.01%
KNF	B	-0.01%
VC	F	-0.01%
COLM	B	-0.01%
MMS	C	-0.01%
NSP	F	-0.01%
TEX	F	-0.01%
CADE	B	-0.01%
GEF	B	-0.01%
HAE	F	-0.01%
NSA	D	-0.01%
VNOM	A	-0.01%
CHH	A	-0.01%
UAA	B	-0.01%
PPC	C	-0.01%
LIVN	C	-0.01%
POWI	F	-0.01%
SYNA	F	-0.01%
AMED	D	-0.01%
MSM	D	-0.01%
IBOC	D	-0.01%
LANC	F	-0.01%
IRDM	C	-0.01%
ROIV	D	-0.01%
DLB	D	-0.01%
CHX	C	-0.01%
EEFT	F	-0.01%
LFUS	C	-0.01%
CBT	B	-0.01%
HWC	D	-0.01%
CDP	A	-0.01%
LSTR	F	-0.01%
ZI	F	-0.01%
AM	A	-0.01%
JWN	D	-0.01%
VSH	F	-0.01%
SMG	C	-0.01%
RCM	B	-0.01%
MASI	B	-0.01%
RLI	A	-0.01%
OZK	D	-0.01%
WH	C	-0.01%
BC	C	-0.01%
GXO	D	-0.01%
SRPT	F	-0.01%
ENS	B	-0.01%
MTN	D	-0.01%
CPRI	C	-0.01%
LPX	C	-0.01%
CNXC	F	-0.01%
CRI	D	-0.01%
ENOV	F	-0.01%
MTSI	B	-0.01%
ALGM	F	-0.01%
GT	F	-0.01%
OPCH	F	-0.01%
VAC	D	-0.01%
SIGI	D	-0.01%
GNTX	D	-0.01%
NOVT	C	-0.01%
HXL	F	-0.01%
DOCS	A	-0.01%
BHF	D	-0.01%
RYN	C	-0.01%
EXLS	B	-0.01%
EVR	C	-0.01%
GHC	A	-0.01%
CVLT	B	-0.01%
MUR	F	-0.01%
EXPO	A	-0.01%
DTM	A	-0.01%
CRUS	D	-0.01%
FFIN	D	-0.01%
ALV	F	-0.01%
CXT	F	-0.01%
RH	C	-0.01%
SLM	B	-0.01%
FHI	A	-0.01%
WU	D	-0.01%
CC	D	-0.01%
AZPN	A	-0.01%
KBH	D	-0.01%
GATX	F	-0.01%
PBF	F	-0.01%
BRKR	D	-0.01%
PAG	D	-0.01%
NWS	D	-0.01%
ASB	D	-0.01%
NEOG	F	-0.01%
PCH	C	-0.01%
CYTK	D	-0.01%
TCBI	B	-0.01%
TKR	B	-0.01%
HQY	B	-0.01%
AZTA	F	-0.0%
WMG	D	-0.0%
TNL	B	-0.0%
HGV	F	-0.0%
UA	B	-0.0%