QUS vs. IWB ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to iShares Russell 1000 ETF (IWB)

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

$160.51

Average Daily Volume

15,309

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities. 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 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$326.64

Average Daily Volume

813,897

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

Performance

Period	QUS	IWB
30 Days	0.81%	2.70%
60 Days	3.38%	6.47%
90 Days	5.17%	7.98%
12 Months	29.60%	34.14%

578 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in IWB	Overlap
	A	F	0.11%	0.07%	0.07%
	AAPL	C	3.19%	5.97%	3.19%
	ABBV	F	0.58%	0.64%	0.58%
	ABNB	C	0.02%	0.11%	0.02%
	ABT	C	0.15%	0.37%	0.15%
	ACGL	C	0.37%	0.07%	0.07%
	ACI	C	0.03%	0.01%	0.01%
	ACM	B	0.01%	0.03%	0.01%
	ACN	B	1.16%	0.4%	0.4%
	ADBE	C	0.69%	0.4%	0.4%
	ADI	D	0.15%	0.2%	0.15%
	ADM	F	0.08%	0.05%	0.05%
	ADP	A	0.54%	0.23%	0.23%
	ADSK	B	0.16%	0.12%	0.12%
	AEE	B	0.11%	0.04%	0.04%
	AEP	D	0.18%	0.09%	0.09%
	AES	F	0.01%	0.02%	0.01%
	AFG	A	0.15%	0.02%	0.02%
	AFL	C	0.21%	0.11%	0.11%
	AIG	B	0.12%	0.09%	0.09%
	AIZ	A	0.12%	0.02%	0.02%
	AJG	A	0.45%	0.11%	0.11%
	AKAM	F	0.14%	0.02%	0.02%
	ALB	C	0.02%	0.02%	0.02%
	ALGN	D	0.01%	0.03%	0.01%
	ALL	B	0.06%	0.09%	0.06%
	ALLE	D	0.04%	0.02%	0.02%
	ALLY	C	0.03%	0.02%	0.02%
	ALNY	D	0.08%	0.06%	0.06%
	AMAT	F	0.53%	0.29%	0.29%
	AMCR	D	0.02%	0.03%	0.02%
	AMD	F	0.07%	0.43%	0.07%
	AME	A	0.02%	0.08%	0.02%
	AMGN	F	0.31%	0.32%	0.31%
	AMH	C	0.01%	0.02%	0.01%
	AMP	A	0.04%	0.1%	0.04%
	AMT	F	0.04%	0.17%	0.04%
	AMZN	A	0.69%	3.5%	0.69%
	ANET	C	0.41%	0.19%	0.19%
	ANSS	B	0.01%	0.05%	0.01%
	AON	B	0.21%	0.14%	0.14%
	AOS	F	0.03%	0.02%	0.02%
	APA	F	0.04%	0.01%	0.01%
	APD	B	0.04%	0.13%	0.04%
	APH	B	0.73%	0.16%	0.16%
	APO	B	0.03%	0.15%	0.03%
	APP	B	0.01%	0.14%	0.01%
	APTV	F	0.02%	0.03%	0.02%
	ARE	F	0.02%	0.04%	0.02%
	ARES	B	0.01%	0.06%	0.01%
	ATO	B	0.04%	0.04%	0.04%
	AVB	B	0.02%	0.06%	0.02%
	AVGO	C	0.63%	1.51%	0.63%
	AVTR	F	0.01%	0.03%	0.01%
	AVY	F	0.01%	0.03%	0.01%
	AWK	D	0.02%	0.05%	0.02%
	AXON	B	0.0%	0.08%	0.0%
	AXP	B	0.1%	0.29%	0.1%
	AZO	B	0.35%	0.1%	0.1%
	BA	F	0.02%	0.19%	0.02%
	BAC	A	0.66%	0.55%	0.55%
	BAH	C	0.24%	0.04%	0.04%
	BALL	D	0.02%	0.03%	0.02%
	BAX	F	0.02%	0.03%	0.02%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	C	0.09%	0.03%	0.03%
	BDX	F	0.24%	0.12%	0.12%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.04%	0.02%	0.02%
	BIIB	F	0.02%	0.05%	0.02%
	BIO	C	0.01%	0.01%	0.01%
	BK	B	0.09%	0.1%	0.09%
	BKNG	A	0.04%	0.31%	0.04%
	BKR	B	0.04%	0.08%	0.04%
	BLDR	C	0.08%	0.04%	0.04%
	BMRN	F	0.08%	0.02%	0.02%
	BMY	B	0.32%	0.2%	0.2%
	BR	A	0.03%	0.05%	0.03%
	BRK.A	B	1.06%	1.54%	1.06%
	BRO	B	0.01%	0.05%	0.01%
	BSX	A	0.04%	0.23%	0.04%
	BSY	F	0.0%	0.01%	0.0%
	BURL	C	0.01%	0.03%	0.01%
	BX	A	0.04%	0.23%	0.04%
	BXP	D	0.02%	0.02%	0.02%
	C	B	0.44%	0.24%	0.24%
	CAG	F	0.02%	0.02%	0.02%
	CAH	B	0.12%	0.05%	0.05%
	CARR	C	0.04%	0.12%	0.04%
	CAT	B	0.63%	0.35%	0.35%
	CB	C	0.62%	0.21%	0.21%
	CBOE	D	0.28%	0.04%	0.04%
	CBRE	B	0.05%	0.08%	0.05%
	CCI	F	0.03%	0.08%	0.03%
	CCK	D	0.02%	0.02%	0.02%
	CCL	B	0.01%	0.04%	0.01%
	CDNS	B	0.29%	0.15%	0.15%
	CDW	F	0.21%	0.05%	0.05%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.03%	0.14%	0.03%
	CELH	F	0.0%	0.01%	0.0%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.06%	0.04%	0.04%
	CG	B	0.01%	0.02%	0.01%
	CHD	A	0.14%	0.05%	0.05%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	A	0.02%	0.02%	0.02%
	CHTR	B	0.09%	0.07%	0.07%
	CI	D	0.23%	0.16%	0.16%
	CINF	A	0.03%	0.04%	0.03%
	CL	F	0.16%	0.14%	0.14%
	CLX	A	0.01%	0.04%	0.01%
	CMCSA	B	0.42%	0.3%	0.3%
	CME	B	0.22%	0.15%	0.15%
	CMG	B	0.22%	0.15%	0.15%
	CMI	A	0.16%	0.09%	0.09%
	CMS	D	0.08%	0.04%	0.04%
	CNC	F	0.09%	0.06%	0.06%
	CNH	D	0.02%	0.02%	0.02%
	CNP	B	0.02%	0.03%	0.02%
	COF	B	0.16%	0.13%	0.13%
	COIN	B	0.01%	0.1%	0.01%
	COP	C	0.16%	0.24%	0.16%
	COR	B	0.36%	0.07%	0.07%
	COST	B	1.33%	0.76%	0.76%
	CPAY	A	0.02%	0.05%	0.02%
	CPB	F	0.12%	0.02%	0.02%
	CPRT	A	0.14%	0.09%	0.09%
	CPT	C	0.01%	0.02%	0.01%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.11%	0.55%	0.11%
	CRWD	B	0.06%	0.14%	0.06%
	CSCO	A	1.32%	0.43%	0.43%
	CSGP	F	0.01%	0.06%	0.01%
	CSL	B	0.01%	0.04%	0.01%
	CSX	B	0.05%	0.13%	0.05%
	CTAS	B	0.24%	0.14%	0.14%
	CTLT	D	0.01%	0.02%	0.01%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	A	0.4%	0.07%	0.07%
	CTVA	C	0.17%	0.07%	0.07%
	CVS	F	0.3%	0.13%	0.13%
	CVX	A	0.52%	0.49%	0.49%
	D	D	0.13%	0.09%	0.09%
	DAL	A	0.01%	0.07%	0.01%
	DASH	A	0.01%	0.11%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.04%	0.06%	0.04%
	DDOG	B	0.0%	0.07%	0.0%
	DE	D	0.1%	0.18%	0.1%
	DECK	B	0.08%	0.05%	0.05%
	DELL	C	0.06%	0.07%	0.06%
	DFS	B	0.07%	0.08%	0.07%
	DG	F	0.02%	0.03%	0.02%
	DGX	B	0.06%	0.03%	0.03%
	DHI	D	0.19%	0.09%	0.09%
	DHR	F	0.09%	0.29%	0.09%
	DINO	D	0.02%	0.01%	0.01%
	DIS	B	0.15%	0.33%	0.15%
	DKNG	B	0.0%	0.03%	0.0%
	DKS	D	0.01%	0.02%	0.01%
	DLR	C	0.04%	0.11%	0.04%
	DLTR	F	0.02%	0.02%	0.02%
	DOC	C	0.01%	0.03%	0.01%
	DOCU	B	0.0%	0.03%	0.0%
	DOV	A	0.02%	0.05%	0.02%
	DOW	F	0.06%	0.06%	0.06%
	DPZ	C	0.07%	0.03%	0.03%
	DRI	B	0.01%	0.04%	0.01%
	DT	C	0.0%	0.03%	0.0%
	DTE	D	0.09%	0.04%	0.04%
	DUK	D	0.59%	0.16%	0.16%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.04%	0.04%	0.04%
	DXCM	C	0.0%	0.05%	0.0%
	EA	A	0.3%	0.08%	0.08%
	EBAY	C	0.02%	0.06%	0.02%
	ECL	C	0.02%	0.11%	0.02%
	ED	D	0.42%	0.06%	0.06%
	EFX	F	0.01%	0.06%	0.01%
	EG	D	0.17%	0.03%	0.03%
	EIX	C	0.04%	0.06%	0.04%
	EL	F	0.01%	0.03%	0.01%
	ELS	B	0.0%	0.02%	0.0%
	ELV	F	0.3%	0.18%	0.18%
	EME	B	0.08%	0.04%	0.04%
	EMN	D	0.02%	0.02%	0.02%
	EMR	A	0.05%	0.13%	0.05%
	ENPH	F	0.03%	0.02%	0.02%
	ENTG	F	0.01%	0.03%	0.01%
	EOG	A	0.15%	0.14%	0.14%
	EPAM	B	0.04%	0.02%	0.02%
	EQH	B	0.02%	0.03%	0.02%
	EQIX	B	0.02%	0.16%	0.02%
	EQR	C	0.02%	0.05%	0.02%
	EQT	B	0.03%	0.04%	0.03%
	ES	D	0.02%	0.04%	0.02%
	ESS	C	0.01%	0.04%	0.01%
	ETN	B	0.05%	0.26%	0.05%
	ETR	B	0.05%	0.06%	0.05%
	EVRG	A	0.02%	0.03%	0.02%
	EW	F	0.12%	0.07%	0.07%
	EXAS	F	0.0%	0.02%	0.0%
	EXC	C	0.05%	0.07%	0.05%
	EXPD	C	0.06%	0.03%	0.03%
	EXPE	B	0.02%	0.04%	0.02%
	EXR	D	0.02%	0.06%	0.02%
	F	C	0.16%	0.08%	0.08%
	FANG	C	0.22%	0.06%	0.06%
	FAST	B	0.15%	0.09%	0.09%
	FBIN	F	0.01%	0.02%	0.01%
	FCNCA	B	0.32%	0.05%	0.05%
	FCX	F	0.04%	0.12%	0.04%
	FDS	A	0.05%	0.03%	0.03%
	FDX	B	0.11%	0.12%	0.11%
	FE	D	0.02%	0.04%	0.02%
	FFIV	B	0.23%	0.03%	0.03%
	FI	A	0.3%	0.22%	0.22%
	FICO	B	0.21%	0.1%	0.1%
	FIS	B	0.03%	0.09%	0.03%
	FITB	A	0.06%	0.06%	0.06%
	FNF	C	0.02%	0.03%	0.02%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.02%	0.02%
	FSLR	F	0.03%	0.04%	0.03%
	FTNT	B	0.01%	0.1%	0.01%
	FTV	C	0.02%	0.05%	0.02%
	GD	C	0.07%	0.15%	0.07%
	GDDY	B	0.32%	0.05%	0.05%
	GE	D	0.11%	0.36%	0.11%
	GEHC	D	0.03%	0.07%	0.03%
	GEN	B	0.13%	0.03%	0.03%
	GEV	B	0.05%	0.17%	0.05%
	GGG	B	0.05%	0.03%	0.03%
	GILD	B	0.46%	0.22%	0.22%
	GIS	F	0.26%	0.07%	0.07%
	GLPI	D	0.01%	0.02%	0.01%
	GLW	B	0.14%	0.07%	0.07%
	GM	B	0.3%	0.11%	0.11%
	GOOG	C	1.13%	1.6%	1.13%
	GOOGL	C	1.22%	1.9%	1.22%
	GPC	D	0.02%	0.03%	0.02%
	GPN	B	0.04%	0.05%	0.04%
	GRMN	A	0.2%	0.06%	0.06%
	GS	B	0.29%	0.34%	0.29%
	GWW	B	0.2%	0.09%	0.09%
	H	B	0.0%	0.01%	0.0%
	HAL	C	0.03%	0.05%	0.03%
	HBAN	A	0.05%	0.05%	0.05%
	HCA	D	0.06%	0.12%	0.06%
	HD	B	0.34%	0.73%	0.34%
	HEI	A	0.0%	0.03%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.03%	0.0%
	HES	B	0.02%	0.07%	0.02%
	HIG	C	0.09%	0.06%	0.06%
	HII	F	0.01%	0.01%	0.01%
	HLT	A	0.01%	0.11%	0.01%
	HOLX	D	0.07%	0.03%	0.03%
	HON	B	0.49%	0.26%	0.26%
	HOOD	B	0.0%	0.04%	0.0%
	HPE	B	0.06%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.08%	0.02%	0.02%
	HSIC	F	0.01%	0.02%	0.01%
	HST	D	0.01%	0.02%	0.01%
	HSY	F	0.18%	0.05%	0.05%
	HUBB	C	0.07%	0.05%	0.05%
	HUBS	B	0.08%	0.06%	0.06%
	HUM	D	0.2%	0.06%	0.06%
	HWM	B	0.01%	0.08%	0.01%
	IBM	D	0.69%	0.36%	0.36%
	ICE	C	0.14%	0.16%	0.14%
	IDXX	F	0.12%	0.06%	0.06%
	IEX	B	0.05%	0.03%	0.03%
	IFF	F	0.02%	0.04%	0.02%
	ILMN	C	0.01%	0.04%	0.01%
	INCY	B	0.22%	0.02%	0.02%
	INTC	C	0.18%	0.2%	0.18%
	INTU	A	0.04%	0.34%	0.04%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.04%	0.04%	0.04%
	IPG	F	0.02%	0.02%	0.02%
	IQV	F	0.02%	0.07%	0.02%
	IR	A	0.02%	0.07%	0.02%
	IRM	D	0.01%	0.06%	0.01%
	ISRG	A	0.03%	0.34%	0.03%
	IT	B	0.13%	0.07%	0.07%
	ITW	B	0.27%	0.15%	0.15%
	J	D	0.02%	0.03%	0.02%
	JBHT	C	0.05%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.05%	0.1%	0.05%
	JKHY	C	0.04%	0.02%	0.02%
	JNJ	D	1.62%	0.68%	0.68%
	JNPR	D	0.17%	0.02%	0.02%
	JPM	A	1.01%	1.23%	1.01%
	K	A	0.28%	0.04%	0.04%
	KDP	C	0.24%	0.07%	0.07%
	KEY	B	0.04%	0.03%	0.03%
	KEYS	C	0.28%	0.05%	0.05%
	KHC	F	0.18%	0.05%	0.05%
	KIM	A	0.02%	0.03%	0.02%
	KKR	B	0.04%	0.19%	0.04%
	KLAC	F	0.32%	0.17%	0.17%
	KMB	D	0.1%	0.08%	0.08%
	KMI	B	0.06%	0.09%	0.06%
	KMX	B	0.03%	0.02%	0.02%
	KNX	C	0.04%	0.02%	0.02%
	KO	F	0.82%	0.45%	0.45%
	KR	A	0.32%	0.07%	0.07%
	KVUE	A	0.04%	0.08%	0.04%
	L	A	0.12%	0.03%	0.03%
	LDOS	C	0.02%	0.05%	0.02%
	LEN	D	0.06%	0.07%	0.06%
	LEN	D	0.06%	0.0%	0.0%
	LH	B	0.03%	0.04%	0.03%
	LHX	B	0.04%	0.09%	0.04%
	LII	B	0.01%	0.04%	0.01%
	LIN	D	0.15%	0.4%	0.15%
	LKQ	C	0.02%	0.02%	0.02%
	LLY	F	2.09%	1.2%	1.2%
	LMT	D	0.75%	0.22%	0.22%
	LNG	B	0.05%	0.09%	0.05%
	LNT	C	0.05%	0.03%	0.03%
	LOW	B	0.12%	0.28%	0.12%
	LPLA	A	0.07%	0.04%	0.04%
	LRCX	F	0.33%	0.19%	0.19%
	LULU	B	0.12%	0.07%	0.07%
	LUV	B	0.01%	0.03%	0.01%
	LVS	C	0.01%	0.03%	0.01%
	LW	B	0.03%	0.02%	0.02%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.01%	0.04%	0.01%
	MA	B	1.66%	0.78%	0.78%
	MAA	C	0.01%	0.03%	0.01%
	MANH	C	0.07%	0.03%	0.03%
	MAR	A	0.02%	0.12%	0.02%
	MAS	D	0.01%	0.03%	0.01%
	MCD	C	0.5%	0.39%	0.39%
	MCHP	F	0.11%	0.07%	0.07%
	MCK	B	0.6%	0.14%	0.14%
	MCO	C	0.21%	0.14%	0.14%
	MDB	C	0.0%	0.04%	0.0%
	MDLZ	F	0.22%	0.16%	0.16%
	MDT	D	0.15%	0.2%	0.15%
	MET	C	0.08%	0.09%	0.08%
	META	B	2.41%	2.34%	2.34%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKL	A	0.14%	0.04%	0.04%
	MKTX	C	0.03%	0.02%	0.02%
	MLM	B	0.02%	0.07%	0.02%
	MMC	D	0.68%	0.2%	0.2%
	MMM	C	0.28%	0.13%	0.13%
	MNST	B	0.12%	0.07%	0.07%
	MO	A	0.06%	0.17%	0.06%
	MOH	F	0.14%	0.03%	0.03%
	MOS	D	0.03%	0.02%	0.02%
	MPC	D	0.31%	0.1%	0.1%
	MPWR	F	0.1%	0.06%	0.06%
	MRK	F	0.48%	0.47%	0.47%
	MRNA	F	0.02%	0.03%	0.02%
	MRO	B	0.04%	0.03%	0.03%
	MRVL	B	0.02%	0.15%	0.02%
	MS	A	0.19%	0.27%	0.19%
	MSCI	B	0.01%	0.08%	0.01%
	MSFT	C	2.68%	5.69%	2.68%
	MSI	B	0.64%	0.15%	0.15%
	MSTR	B	0.0%	0.08%	0.0%
	MTB	A	0.08%	0.06%	0.06%
	MTCH	F	0.01%	0.01%	0.01%
	MTD	F	0.01%	0.05%	0.01%
	MU	D	0.08%	0.22%	0.08%
	NBIX	C	0.12%	0.02%	0.02%
	NDAQ	B	0.02%	0.06%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.09%	0.29%	0.09%
	NEM	F	0.2%	0.09%	0.09%
	NET	B	0.0%	0.05%	0.0%
	NFLX	A	0.13%	0.62%	0.13%
	NI	A	0.02%	0.03%	0.02%
	NKE	F	0.27%	0.16%	0.16%
	NOC	D	0.57%	0.13%	0.13%
	NOW	A	0.26%	0.37%	0.26%
	NRG	C	0.03%	0.04%	0.03%
	NSC	B	0.05%	0.11%	0.05%
	NTAP	D	0.16%	0.05%	0.05%
	NTRS	A	0.03%	0.04%	0.03%
	NUE	D	0.08%	0.07%	0.07%
	NVDA	A	2.8%	6.25%	2.8%
	NVR	D	0.11%	0.05%	0.05%
	NWSA	B	0.01%	0.02%	0.01%
	O	D	0.04%	0.09%	0.04%
	OC	A	0.02%	0.03%	0.02%
	ODFL	B	0.14%	0.08%	0.08%
	OKE	A	0.05%	0.11%	0.05%
	OKTA	C	0.0%	0.02%	0.0%
	OMC	A	0.07%	0.04%	0.04%
	ON	F	0.02%	0.05%	0.02%
	ORCL	A	0.54%	0.54%	0.54%
	ORLY	A	0.25%	0.13%	0.13%
	OTIS	D	0.04%	0.07%	0.04%
	OVV	C	0.03%	0.02%	0.02%
	OXY	F	0.1%	0.06%	0.06%
	PANW	B	0.31%	0.22%	0.22%
	PARA	B	0.03%	0.01%	0.01%
	PAYC	B	0.04%	0.02%	0.02%
	PAYX	B	0.17%	0.09%	0.09%
	PCAR	B	0.06%	0.11%	0.06%
	PCG	A	0.06%	0.08%	0.06%
	PEG	C	0.04%	0.08%	0.04%
	PEP	D	1.03%	0.41%	0.41%
	PFE	F	0.34%	0.27%	0.27%
	PFG	C	0.03%	0.04%	0.03%
	PG	C	0.57%	0.72%	0.57%
	PGR	A	0.65%	0.28%	0.28%
	PH	A	0.04%	0.16%	0.04%
	PHM	D	0.11%	0.05%	0.05%
	PINS	F	0.0%	0.03%	0.0%
	PKG	B	0.09%	0.04%	0.04%
	PLD	D	0.08%	0.19%	0.08%
	PLTR	B	0.01%	0.21%	0.01%
	PM	B	0.11%	0.36%	0.11%
	PNC	B	0.16%	0.15%	0.15%
	PNR	A	0.01%	0.03%	0.01%
	PODD	B	0.0%	0.03%	0.0%
	POOL	D	0.04%	0.03%	0.03%
	PPG	F	0.02%	0.05%	0.02%
	PPL	A	0.02%	0.04%	0.02%
	PRU	B	0.08%	0.08%	0.08%
	PSA	D	0.14%	0.1%	0.1%
	PSTG	D	0.0%	0.03%	0.0%
	PSX	C	0.14%	0.1%	0.1%
	PTC	B	0.18%	0.04%	0.04%
	PWR	B	0.02%	0.09%	0.02%
	PYPL	A	0.07%	0.15%	0.07%
	QCOM	F	0.57%	0.35%	0.35%
	QRVO	F	0.01%	0.01%	0.01%
	RBLX	B	0.0%	0.05%	0.0%
	RCL	A	0.01%	0.1%	0.01%
	REG	A	0.01%	0.02%	0.01%
	REGN	F	0.27%	0.16%	0.16%
	RF	A	0.06%	0.04%	0.04%
	RIVN	F	0.01%	0.02%	0.01%
	RJF	A	0.03%	0.05%	0.03%
	RMD	C	0.1%	0.07%	0.07%
	ROK	B	0.09%	0.06%	0.06%
	ROKU	C	0.0%	0.02%	0.0%
	ROL	C	0.17%	0.03%	0.03%
	ROP	A	0.47%	0.11%	0.11%
	ROST	D	0.03%	0.09%	0.03%
	RPM	A	0.01%	0.03%	0.01%
	RPRX	F	0.01%	0.02%	0.01%
	RS	C	0.03%	0.03%	0.03%
	RSG	B	0.53%	0.08%	0.08%
	RTX	D	0.19%	0.3%	0.19%
	RVTY	C	0.02%	0.03%	0.02%
	SBAC	D	0.01%	0.04%	0.01%
	SBUX	B	0.06%	0.2%	0.06%
	SCHW	B	0.06%	0.2%	0.06%
	SEIC	A	0.03%	0.01%	0.01%
	SHW	A	0.26%	0.16%	0.16%
	SJM	F	0.02%	0.02%	0.02%
	SLB	C	0.05%	0.11%	0.05%
	SMCI	F	0.03%	0.02%	0.02%
	SNA	A	0.06%	0.03%	0.03%
	SNOW	C	0.0%	0.07%	0.0%
	SNPS	C	0.29%	0.15%	0.15%
	SO	D	0.53%	0.18%	0.18%
	SOLV	C	0.06%	0.02%	0.02%
	SPG	A	0.03%	0.1%	0.03%
	SPGI	C	0.06%	0.28%	0.06%
	SQ	B	0.02%	0.08%	0.02%
	SRE	B	0.06%	0.1%	0.06%
	SSNC	C	0.02%	0.03%	0.02%
	STE	D	0.01%	0.04%	0.01%
	STLD	C	0.04%	0.04%	0.04%
	STT	B	0.06%	0.05%	0.05%
	STZ	D	0.02%	0.07%	0.02%
	SUI	F	0.01%	0.03%	0.01%
	SW	B	0.03%	0.05%	0.03%
	SWK	F	0.02%	0.03%	0.02%
	SWKS	F	0.05%	0.03%	0.03%
	SYF	B	0.06%	0.05%	0.05%
	SYK	A	0.05%	0.25%	0.05%
	SYY	D	0.05%	0.07%	0.05%
	T	A	0.66%	0.29%	0.29%
	TAP	B	0.02%	0.02%	0.02%
	TDG	D	0.01%	0.13%	0.01%
	TDY	B	0.22%	0.04%	0.04%
	TEAM	B	0.0%	0.07%	0.0%
	TECH	D	0.0%	0.02%	0.0%
	TER	F	0.05%	0.03%	0.03%
	TFC	B	0.15%	0.11%	0.11%
	TFX	F	0.01%	0.02%	0.01%
	TGT	C	0.1%	0.13%	0.1%
	TJX	A	0.54%	0.24%	0.24%
	TMO	F	0.11%	0.38%	0.11%
	TMUS	A	0.76%	0.21%	0.21%
	TOST	A	0.0%	0.03%	0.0%
	TPL	B	0.09%	0.05%	0.05%
	TRGP	B	0.03%	0.08%	0.03%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	A	0.09%	0.05%	0.05%
	TRU	D	0.01%	0.04%	0.01%
	TRV	B	0.45%	0.11%	0.11%
	TSCO	D	0.09%	0.06%	0.06%
	TSLA	B	0.27%	1.62%	0.27%
	TSN	B	0.27%	0.03%	0.03%
	TT	B	0.26%	0.17%	0.17%
	TTC	F	0.03%	0.02%	0.02%
	TTD	B	0.01%	0.1%	0.01%
	TTWO	A	0.01%	0.06%	0.01%
	TW	B	0.07%	0.03%	0.03%
	TWLO	B	0.01%	0.03%	0.01%
	TXN	B	1.13%	0.36%	0.36%
	TXT	D	0.02%	0.03%	0.02%
	TYL	B	0.01%	0.05%	0.01%
	UBER	F	0.17%	0.26%	0.17%
	UDR	C	0.01%	0.03%	0.01%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.0%	0.0%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	C	0.08%	0.03%	0.03%
	UNH	B	2.25%	1.02%	1.02%
	UNP	D	0.08%	0.27%	0.08%
	UPS	C	0.11%	0.17%	0.11%
	URI	B	0.04%	0.1%	0.04%
	USB	B	0.16%	0.14%	0.14%
	UTHR	B	0.11%	0.03%	0.03%
	V	A	1.85%	0.88%	0.88%
	VEEV	B	0.09%	0.06%	0.06%
	VICI	D	0.04%	0.06%	0.04%
	VLO	C	0.14%	0.08%	0.08%
	VLTO	D	0.08%	0.05%	0.05%
	VMC	B	0.02%	0.07%	0.02%
	VRSK	A	0.15%	0.07%	0.07%
	VRSN	C	0.22%	0.03%	0.03%
	VRT	B	0.01%	0.08%	0.01%
	VRTX	B	0.62%	0.24%	0.24%
	VST	B	0.02%	0.09%	0.02%
	VTR	C	0.02%	0.05%	0.02%
	VTRS	B	0.05%	0.03%	0.03%
	VZ	D	0.77%	0.31%	0.31%
	WAB	B	0.02%	0.06%	0.02%
	WAT	B	0.07%	0.04%	0.04%
	WBA	D	0.07%	0.01%	0.01%
	WBD	B	0.11%	0.04%	0.04%
	WDAY	B	0.15%	0.1%	0.1%
	WDC	D	0.02%	0.04%	0.02%
	WEC	B	0.28%	0.06%	0.06%
	WELL	B	0.04%	0.15%	0.04%
	WFC	A	0.46%	0.44%	0.44%
	WLK	F	0.01%	0.01%	0.01%
	WM	A	0.52%	0.16%	0.16%
	WMB	B	0.14%	0.12%	0.12%
	WMT	A	0.93%	0.67%	0.67%
	WPC	F	0.01%	0.02%	0.01%
	WRB	B	0.12%	0.03%	0.03%
	WSM	F	0.06%	0.03%	0.03%
	WSO	B	0.06%	0.03%	0.03%
	WST	B	0.06%	0.04%	0.04%
	WTRG	C	0.01%	0.02%	0.01%
	WTW	A	0.15%	0.06%	0.06%
	WY	F	0.03%	0.04%	0.03%
	WYNN	C	0.0%	0.02%	0.0%
	XEL	A	0.19%	0.07%	0.07%
	XOM	B	0.81%	0.98%	0.81%
	XYL	F	0.01%	0.05%	0.01%
	YUM	B	0.19%	0.07%	0.07%
	Z	B	0.01%	0.02%	0.01%
	ZBH	C	0.02%	0.04%	0.02%
	ZBRA	B	0.01%	0.04%	0.01%
	ZM	B	0.01%	0.04%	0.01%
	ZS	B	0.0%	0.03%	0.0%
	ZTS	D	0.24%	0.15%	0.15%

QUS Overweight 8 Positions Relative to IWB

	Symbol	Grade	Weight
	WCN	A	0.52%
	ERIE	F	0.17%
	MELI	D	0.07%
	STX	D	0.07%
	NXPI	F	0.03%
	CRBG	C	0.02%
	IOT	B	0.0%
	SNAP	C	0.0%

QUS Underweight 423 Positions Relative to IWB

	Symbol	Grade	Weight
	BLK	A	-0.28%
	CRH	B	-0.12%
	FERG	B	-0.08%
	CVNA	B	-0.05%
	CPNG	B	-0.05%
	UAL	A	-0.05%
	COO	D	-0.04%
	EXE	A	-0.04%
	RNR	D	-0.03%
	EWBC	B	-0.03%
	COHR	C	-0.03%
	CW	C	-0.03%
	SAIA	B	-0.03%
	RGA	A	-0.03%
	NTRA	B	-0.03%
	CASY	B	-0.03%
	USFD	B	-0.03%
	THC	B	-0.03%
	TOL	B	-0.03%
	GWRE	A	-0.03%
	FIX	B	-0.03%
	FWONK	A	-0.03%
	NTNX	B	-0.03%
	XPO	B	-0.03%
	IBKR	A	-0.03%
	VOYA	B	-0.02%
	OLED	F	-0.02%
	FYBR	D	-0.02%
	G	B	-0.02%
	CHE	D	-0.02%
	CNM	D	-0.02%
	EGP	D	-0.02%
	AR	B	-0.02%
	APG	C	-0.02%
	CR	B	-0.02%
	PEN	C	-0.02%
	ZION	B	-0.02%
	ONTO	F	-0.02%
	GPK	D	-0.02%
	RL	B	-0.02%
	OGE	B	-0.02%
	CZR	F	-0.02%
	BRX	A	-0.02%
	MTZ	B	-0.02%
	HAS	D	-0.02%
	RBC	B	-0.02%
	WCC	B	-0.02%
	GMED	B	-0.02%
	AXTA	A	-0.02%
	REXR	F	-0.02%
	AAL	B	-0.02%
	ORI	A	-0.02%
	NYT	C	-0.02%
	MEDP	D	-0.02%
	X	D	-0.02%
	BRBR	A	-0.02%
	PCTY	B	-0.02%
	LNW	F	-0.02%
	TPX	B	-0.02%
	GME	C	-0.02%
	CMA	A	-0.02%
	DCI	A	-0.02%
	PNFP	B	-0.02%
	FRT	B	-0.02%
	ITCI	B	-0.02%
	MORN	B	-0.02%
	AAON	B	-0.02%
	TKO	D	-0.02%
	SNX	C	-0.02%
	WMS	F	-0.02%
	WAL	B	-0.02%
	GLOB	B	-0.02%
	HLI	B	-0.02%
	GL	B	-0.02%
	MUSA	B	-0.02%
	DTM	A	-0.02%
	KBR	D	-0.02%
	RGLD	C	-0.02%
	PR	C	-0.02%
	WBS	A	-0.02%
	KNSL	C	-0.02%
	NLY	C	-0.02%
	CHDN	B	-0.02%
	EHC	B	-0.02%
	WING	D	-0.02%
	INGR	B	-0.02%
	OHI	C	-0.02%
	AYI	A	-0.02%
	PRI	B	-0.02%
	ARMK	B	-0.02%
	EXP	B	-0.02%
	LAD	B	-0.02%
	PNW	A	-0.02%
	EXEL	B	-0.02%
	ALSN	B	-0.02%
	FND	F	-0.02%
	CIEN	B	-0.02%
	DOX	C	-0.02%
	LBRDK	C	-0.02%
	WWD	B	-0.02%
	CUBE	D	-0.02%
	AFRM	B	-0.02%
	FHN	A	-0.02%
	SRPT	F	-0.02%
	CAVA	C	-0.02%
	EVR	B	-0.02%
	AA	C	-0.02%
	GNRC	B	-0.02%
	LAMR	D	-0.02%
	SF	A	-0.02%
	OWL	B	-0.02%
	RRX	B	-0.02%
	BWXT	B	-0.02%
	ATR	A	-0.02%
	NCLH	B	-0.02%
	BLD	F	-0.02%
	LECO	C	-0.02%
	TPR	A	-0.02%
	DUOL	A	-0.02%
	BJ	B	-0.02%
	UNM	A	-0.02%
	TTEK	F	-0.02%
	CACI	C	-0.02%
	JEF	B	-0.02%
	SCI	B	-0.02%
	FTI	B	-0.02%
	ITT	A	-0.02%
	NVT	C	-0.02%
	JLL	C	-0.02%
	TXRH	A	-0.02%
	PFGC	B	-0.02%
	SOFI	B	-0.02%
	CLH	B	-0.02%
	HHH	B	-0.01%
	COTY	D	-0.01%
	PAG	B	-0.01%
	LLYVK	B	-0.01%
	SAM	B	-0.01%
	MPW	F	-0.01%
	VIRT	B	-0.01%
	COLM	B	-0.01%
	CC	C	-0.01%
	NSA	D	-0.01%
	TDC	F	-0.01%
	MAN	F	-0.01%
	PK	C	-0.01%
	AMED	F	-0.01%
	WU	F	-0.01%
	AMKR	F	-0.01%
	APLS	F	-0.01%
	SMG	D	-0.01%
	PENN	B	-0.01%
	ECG	D	-0.01%
	RNG	C	-0.01%
	BHF	B	-0.01%
	YETI	D	-0.01%
	EPR	D	-0.01%
	LBTYA	F	-0.01%
	ZG	B	-0.01%
	NVST	C	-0.01%
	HUN	F	-0.01%
	VAC	B	-0.01%
	WEN	C	-0.01%
	FHB	B	-0.01%
	PII	F	-0.01%
	NCNO	B	-0.01%
	LBTYK	F	-0.01%
	XRAY	F	-0.01%
	PRGO	C	-0.01%
	TNL	A	-0.01%
	SPR	F	-0.01%
	IRDM	B	-0.01%
	HIW	D	-0.01%
	ACHC	F	-0.01%
	MDU	D	-0.01%
	ZI	C	-0.01%
	W	F	-0.01%
	NWS	B	-0.01%
	DNB	B	-0.01%
	NEU	C	-0.01%
	DXC	B	-0.01%
	NWL	B	-0.01%
	IAC	F	-0.01%
	FLO	F	-0.01%
	PEGA	B	-0.01%
	ASH	F	-0.01%
	CHH	B	-0.01%
	HOG	D	-0.01%
	LINE	F	-0.01%
	MSM	C	-0.01%
	AMTM	D	-0.01%
	AN	C	-0.01%
	M	C	-0.01%
	OGN	F	-0.01%
	KMPR	A	-0.01%
	GAP	B	-0.01%
	SLGN	B	-0.01%
	MSGS	B	-0.01%
	DLB	D	-0.01%
	GTES	B	-0.01%
	RARE	F	-0.01%
	GFS	C	-0.01%
	AGO	B	-0.01%
	EEFT	C	-0.01%
	RYN	F	-0.01%
	FIVE	F	-0.01%
	TKR	F	-0.01%
	WTM	A	-0.01%
	KRC	C	-0.01%
	HCP	A	-0.01%
	AL	B	-0.01%
	CUZ	B	-0.01%
	RH	C	-0.01%
	OZK	B	-0.01%
	UGI	D	-0.01%
	APPF	B	-0.01%
	BYD	A	-0.01%
	ST	F	-0.01%
	LOPE	B	-0.01%
	ROIV	D	-0.01%
	OLN	F	-0.01%
	CCCS	B	-0.01%
	SON	F	-0.01%
	PSN	C	-0.01%
	HXL	F	-0.01%
	BROS	B	-0.01%
	SLM	A	-0.01%
	AM	B	-0.01%
	SEE	C	-0.01%
	AVT	C	-0.01%
	NFG	D	-0.01%
	CIVI	D	-0.01%
	LEA	F	-0.01%
	NXST	C	-0.01%
	RITM	C	-0.01%
	VNOM	C	-0.01%
	TPG	B	-0.01%
	VVV	B	-0.01%
	POST	D	-0.01%
	CRUS	F	-0.01%
	THO	B	-0.01%
	IDA	A	-0.01%
	JHG	A	-0.01%
	LITE	B	-0.01%
	THG	A	-0.01%
	INSP	F	-0.01%
	AGCO	F	-0.01%
	FNB	B	-0.01%
	PATH	C	-0.01%
	BC	D	-0.01%
	WHR	B	-0.01%
	STWD	C	-0.01%
	AMG	B	-0.01%
	PVH	C	-0.01%
	U	F	-0.01%
	CLF	F	-0.01%
	IONS	F	-0.01%
	CROX	F	-0.01%
	LNC	B	-0.01%
	LFUS	D	-0.01%
	ETSY	D	-0.01%
	VNT	C	-0.01%
	OLLI	C	-0.01%
	LYFT	B	-0.01%
	MTG	C	-0.01%
	COLB	A	-0.01%
	WFRD	F	-0.01%
	BRKR	F	-0.01%
	KD	A	-0.01%
	ELF	C	-0.01%
	LAZ	C	-0.01%
	OMF	A	-0.01%
	CFLT	B	-0.01%
	ARW	F	-0.01%
	DAR	B	-0.01%
	ESI	B	-0.01%
	FOUR	B	-0.01%
	AXS	A	-0.01%
	ALK	A	-0.01%
	COLD	F	-0.01%
	NOV	C	-0.01%
	AZPN	A	-0.01%
	DBX	B	-0.01%
	FAF	C	-0.01%
	BPOP	C	-0.01%
	MSA	D	-0.01%
	SIRI	C	-0.01%
	AWI	B	-0.01%
	BFAM	F	-0.01%
	MAT	C	-0.01%
	IVZ	B	-0.01%
	MTDR	B	-0.01%
	VMI	B	-0.01%
	HR	C	-0.01%
	AZEK	B	-0.01%
	MTN	C	-0.01%
	LSTR	B	-0.01%
	ELAN	C	-0.01%
	SN	C	-0.01%
	R	B	-0.01%
	SITE	D	-0.01%
	STAG	D	-0.01%
	GXO	B	-0.01%
	MASI	B	-0.01%
	GNTX	C	-0.01%
	ESTC	C	-0.01%
	FR	D	-0.01%
	LPX	A	-0.01%
	AGNC	C	-0.01%
	GTLB	B	-0.01%
	DOCS	B	-0.01%
	ATI	F	-0.01%
	VKTX	F	-0.01%
	FCN	F	-0.01%
	OSK	B	-0.01%
	RLI	A	-0.01%
	WH	A	-0.01%
	FRPT	B	-0.01%
	PB	B	-0.01%
	WSC	F	-0.01%
	RYAN	B	-0.01%
	CGNX	C	-0.01%
	FMC	F	-0.01%
	VFC	C	-0.01%
	PCOR	B	-0.01%
	MIDD	D	-0.01%
	ESAB	B	-0.01%
	LSCC	D	-0.01%
	KEX	A	-0.01%
	COKE	C	-0.01%
	ADC	A	-0.01%
	SMAR	A	-0.01%
	S	B	-0.01%
	MHK	D	-0.01%
	MTSI	B	-0.01%
	MKSI	C	-0.01%
	JAZZ	B	-0.01%
	RRC	B	-0.01%
	WEX	D	-0.01%
	RHI	B	-0.01%
	BERY	D	-0.01%
	BWA	B	-0.01%
	SAIC	D	-0.01%
	BILL	B	-0.01%
	RGEN	C	-0.01%
	NNN	F	-0.01%
	FLS	B	-0.01%
	TREX	C	-0.01%
	SSD	F	-0.01%
	SKX	F	-0.01%
	SNV	B	-0.01%
	VNO	C	-0.01%
	CFR	B	-0.01%
	WTFC	B	-0.01%
	CART	C	-0.01%
	HRB	D	-0.01%
	PLNT	A	-0.01%
	CBSH	A	-0.01%
	PLTK	B	-0.0%
	SEG	F	-0.0%
	PARAA	B	-0.0%
	GRAL	B	-0.0%
	SEB	F	-0.0%
	NFE	F	-0.0%
	UWMC	F	-0.0%
	TFSL	A	-0.0%
	CWEN	D	-0.0%
	LOAR	C	-0.0%
	AS	B	-0.0%
	LLYVA	B	-0.0%
	PYCR	B	-0.0%
	CNA	C	-0.0%
	WOLF	F	-0.0%
	DDS	B	-0.0%
	CERT	F	-0.0%
	UI	B	-0.0%
	REYN	D	-0.0%
	SNDR	B	-0.0%
	INFA	F	-0.0%
	LBRDA	C	-0.0%
	TRIP	D	-0.0%
	GO	C	-0.0%
	CAR	C	-0.0%
	LEG	F	-0.0%
	TXG	F	-0.0%
	UA	B	-0.0%
	QS	F	-0.0%
	BIRK	F	-0.0%
	DJT	C	-0.0%
	CRI	D	-0.0%
	CLVT	F	-0.0%
	CNXC	F	-0.0%
	FWONA	B	-0.0%
	UAA	B	-0.0%
	KSS	D	-0.0%
	VSTS	D	-0.0%
	PPC	C	-0.0%
	FTRE	D	-0.0%
	RCM	B	-0.0%
	ALAB	C	-0.0%
	LCID	F	-0.0%
	RKT	F	-0.0%
	HAYW	B	-0.0%
	AAP	C	-0.0%
	CWEN	D	-0.0%
	QDEL	F	-0.0%
	CPRI	F	-0.0%
	PINC	B	-0.0%
	ADT	C	-0.0%
	SHC	D	-0.0%
	AZTA	F	-0.0%
	SPB	A	-0.0%
	JWN	B	-0.0%
	IPGP	C	-0.0%
	AGR	C	-0.0%
	ENOV	C	-0.0%
	MP	C	-0.0%
	BOKF	B	-0.0%
	FIVN	C	-0.0%
	DV	C	-0.0%
	ALGM	F	-0.0%
	CXT	F	-0.0%
	CACC	D	-0.0%

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

IWB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Software - Infrastructure Business Services Diagnostics & Research Semiconductors Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Capital Markets Aerospace & Defense Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Packaging & Containers Building Materials

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