QUS vs. SCHI ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Schwab 5-10 Year Corporate Bond ETF (SCHI)

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

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$46.26

Average Daily Volume

540,196

Number of Holdings ^*

471

* may have additional holdings in another (foreign) market

Performance

Period	QUS	SCHI
30 Days	1.35%	1.56%
60 Days	3.76%	4.72%
90 Days	5.90%	5.26%
12 Months	30.52%	14.18%

342 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in SCHI	Overlap
	A	C	0.12%	0.01%	0.01%
	AAPL	C	3.27%	0.06%	0.06%
	ABBV	C	0.59%	0.09%	0.09%
	ABT	C	0.16%	0.03%	0.03%
	ACGL	B	0.42%	0.02%	0.02%
	ADBE	F	0.78%	0.05%	0.05%
	ADI	C	0.15%	0.03%	0.03%
	ADM	D	0.09%	0.05%	0.05%
	ADP	B	0.51%	0.05%	0.05%
	ADSK	C	0.14%	0.02%	0.02%
	AEE	A	0.1%	0.01%	0.01%
	AEP	C	0.21%	0.01%	0.01%
	AES	C	0.02%	0.03%	0.02%
	AFG	B	0.15%	0.02%	0.02%
	AFL	C	0.21%	0.02%	0.02%
	AIG	D	0.12%	0.02%	0.02%
	AIZ	B	0.11%	0.02%	0.02%
	ALL	B	0.06%	0.02%	0.02%
	ALLE	C	0.04%	0.02%	0.02%
	AMAT	D	0.55%	0.11%	0.11%
	AMCR	C	0.02%	0.05%	0.02%
	AMGN	B	0.33%	0.06%	0.06%
	AMH	C	0.01%	0.01%	0.01%
	AMT	C	0.05%	0.02%	0.02%
	AMZN	C	0.64%	0.06%	0.06%
	AON	B	0.2%	0.03%	0.03%
	APD	B	0.04%	0.02%	0.02%
	APH	C	0.66%	0.03%	0.03%
	APTV	D	0.03%	0.02%	0.02%
	ARE	C	0.02%	0.02%	0.02%
	ATO	B	0.04%	0.02%	0.02%
	AVB	C	0.02%	0.01%	0.01%
	AVGO	C	0.6%	0.03%	0.03%
	AVY	D	0.01%	0.02%	0.01%
	AWK	C	0.02%	0.01%	0.01%
	AXP	B	0.1%	0.11%	0.1%
	AZO	D	0.37%	0.01%	0.01%
	BA	F	0.03%	0.02%	0.02%
	BAC	D	0.59%	0.03%	0.03%
	BAX	C	0.03%	0.03%	0.03%
	BBY	C	0.1%	0.02%	0.02%
	BDX	F	0.26%	0.03%	0.03%
	BEN	F	0.01%	0.03%	0.01%
	BG	D	0.05%	0.03%	0.03%
	BIIB	F	0.03%	0.07%	0.03%
	BK	A	0.08%	0.02%	0.02%
	BKNG	B	0.03%	0.02%	0.02%
	BLK	B	0.4%	0.03%	0.03%
	BMY	C	0.31%	0.04%	0.04%
	BR	D	0.03%	0.03%	0.03%
	BRO	C	0.01%	0.03%	0.01%
	BSX	B	0.04%	0.03%	0.03%
	BXP	B	0.02%	0.03%	0.02%
	C	D	0.38%	0.03%	0.03%
	CAG	C	0.02%	0.04%	0.02%
	CAH	C	0.12%	0.08%	0.08%
	CARR	B	0.04%	0.02%	0.02%
	CAT	B	0.58%	0.03%	0.03%
	CB	B	0.66%	0.06%	0.06%
	CBOE	C	0.31%	0.03%	0.03%
	CCI	C	0.03%	0.02%	0.02%
	CFG	C	0.06%	0.02%	0.02%
	CHD	C	0.14%	0.01%	0.01%
	CHRW	A	0.02%	0.05%	0.02%
	CHTR	D	0.08%	0.06%	0.06%
	CI	C	0.27%	0.03%	0.03%
	CLX	C	0.01%	0.02%	0.01%
	CMCSA	D	0.4%	0.04%	0.04%
	CME	C	0.22%	0.03%	0.03%
	CMI	C	0.14%	0.05%	0.05%
	CMS	B	0.09%	0.01%	0.01%
	CNP	D	0.02%	0.02%	0.02%
	COF	A	0.13%	0.05%	0.05%
	COP	D	0.16%	0.02%	0.02%
	COST	B	1.35%	0.02%	0.02%
	CPB	B	0.14%	0.02%	0.02%
	CPT	B	0.01%	0.04%	0.01%
	CRM	D	0.09%	0.07%	0.07%
	CSL	B	0.01%	0.02%	0.01%
	CSX	D	0.05%	0.03%	0.03%
	CTAS	C	0.23%	0.05%	0.05%
	CTRA	D	0.03%	0.03%	0.03%
	CTVA	B	0.17%	0.03%	0.03%
	CVS	F	0.32%	0.03%	0.03%
	CVX	D	0.49%	0.03%	0.03%
	D	B	0.14%	0.01%	0.01%
	DAL	C	0.01%	0.04%	0.01%
	DD	B	0.04%	0.13%	0.04%
	DE	B	0.11%	0.01%	0.01%
	DELL	C	0.05%	0.02%	0.02%
	DFS	B	0.06%	0.02%	0.02%
	DG	F	0.02%	0.02%	0.02%
	DGX	C	0.06%	0.05%	0.05%
	DHI	C	0.23%	0.03%	0.03%
	DHR	C	0.1%	0.05%	0.05%
	DIS	D	0.14%	0.02%	0.02%
	DLR	B	0.03%	0.03%	0.03%
	DLTR	F	0.02%	0.07%	0.02%
	DOC	C	0.01%	0.02%	0.01%
	DOV	B	0.02%	0.02%	0.02%
	DOW	D	0.07%	0.02%	0.02%
	DRI	B	0.01%	0.03%	0.01%
	DT	C	0.0%	0.26%	0.0%
	DTE	B	0.1%	0.02%	0.02%
	DUK	B	0.64%	0.01%	0.01%
	DVN	D	0.04%	0.02%	0.02%
	EA	D	0.29%	0.03%	0.03%
	EBAY	B	0.02%	0.03%	0.02%
	ECL	A	0.03%	0.01%	0.01%
	ED	C	0.46%	0.01%	0.01%
	EFX	C	0.02%	0.05%	0.02%
	EIX	C	0.05%	0.02%	0.02%
	EL	F	0.01%	0.03%	0.01%
	EMN	B	0.02%	0.05%	0.02%
	EMR	D	0.04%	0.04%	0.04%
	EOG	D	0.14%	0.04%	0.04%
	EQH	C	0.02%	0.1%	0.02%
	EQIX	B	0.02%	0.01%	0.01%
	EQR	C	0.02%	0.02%	0.02%
	ES	C	0.03%	0.01%	0.01%
	ESS	C	0.01%	0.02%	0.01%
	ETN	C	0.04%	0.04%	0.04%
	ETR	A	0.04%	0.01%	0.01%
	EVRG	B	0.02%	0.02%	0.02%
	EW	F	0.13%	0.03%	0.03%
	EXC	B	0.06%	0.01%	0.01%
	EXPE	C	0.01%	0.03%	0.01%
	EXR	B	0.03%	0.02%	0.02%
	FANG	D	0.22%	0.03%	0.03%
	FDX	F	0.12%	0.02%	0.02%
	FIS	B	0.03%	0.03%	0.03%
	FITB	B	0.06%	0.05%	0.05%
	FNF	B	0.02%	0.03%	0.02%
	FOXA	B	0.02%	0.03%	0.02%
	GD	B	0.08%	0.03%	0.03%
	GE	A	0.11%	0.06%	0.06%
	GILD	B	0.41%	0.04%	0.04%
	GIS	B	0.3%	0.03%	0.03%
	GLPI	C	0.01%	0.02%	0.01%
	GM	B	0.27%	0.01%	0.01%
	GOOGL	D	1.12%	0.06%	0.06%
	GPC	D	0.02%	0.02%	0.02%
	GPN	D	0.04%	0.05%	0.04%
	GS	C	0.25%	0.05%	0.05%
	H	C	0.0%	0.02%	0.0%
	HAL	F	0.03%	0.06%	0.03%
	HBAN	B	0.05%	0.03%	0.03%
	HCA	A	0.07%	0.06%	0.06%
	HD	A	0.33%	0.03%	0.03%
	HES	D	0.02%	0.05%	0.02%
	HIG	B	0.09%	0.03%	0.03%
	HII	D	0.01%	0.02%	0.01%
	HON	D	0.48%	0.02%	0.02%
	HPQ	D	0.06%	0.02%	0.02%
	HRL	D	0.09%	0.03%	0.03%
	HST	C	0.01%	0.03%	0.01%
	HSY	D	0.22%	0.02%	0.02%
	HUBB	A	0.06%	0.02%	0.02%
	HUM	F	0.23%	0.02%	0.02%
	IBM	A	0.72%	0.02%	0.02%
	ICE	C	0.15%	0.03%	0.03%
	IEX	D	0.04%	0.04%	0.04%
	IFF	C	0.02%	0.03%	0.02%
	ILMN	C	0.01%	0.02%	0.01%
	INTC	F	0.15%	0.06%	0.06%
	INTU	C	0.04%	0.06%	0.04%
	INVH	C	0.01%	0.03%	0.01%
	IPG	C	0.02%	0.03%	0.02%
	ITW	C	0.26%	0.04%	0.04%
	JBL	D	0.02%	0.02%	0.02%
	JCI	B	0.04%	0.04%	0.04%
	JNJ	C	1.8%	0.04%	0.04%
	JNPR	A	0.18%	0.03%	0.03%
	JPM	D	0.9%	0.04%	0.04%
	K	A	0.3%	0.03%	0.03%
	KDP	B	0.28%	0.02%	0.02%
	KEY	B	0.04%	0.08%	0.04%
	KEYS	C	0.27%	0.02%	0.02%
	KIM	C	0.02%	0.01%	0.01%
	KLAC	D	0.36%	0.06%	0.06%
	KMB	D	0.11%	0.01%	0.01%
	KMI	A	0.05%	0.02%	0.02%
	KO	B	0.96%	0.01%	0.01%
	KR	C	0.31%	0.03%	0.03%
	L	D	0.12%	0.02%	0.02%
	LDOS	B	0.02%	0.09%	0.02%
	LEN	C	0.07%	0.05%	0.05%
	LHX	C	0.04%	0.03%	0.03%
	LII	B	0.01%	0.01%	0.01%
	LIN	B	0.17%	0.03%	0.03%
	LLY	C	2.43%	0.01%	0.01%
	LMT	B	0.79%	0.01%	0.01%
	LNT	B	0.05%	0.02%	0.02%
	LOW	A	0.12%	0.04%	0.04%
	LRCX	F	0.34%	0.05%	0.05%
	LUV	C	0.01%	0.01%	0.01%
	LVS	D	0.01%	0.04%	0.01%
	LYB	F	0.05%	0.02%	0.02%
	MA	B	1.63%	0.02%	0.02%
	MAA	C	0.01%	0.03%	0.01%
	MAR	C	0.02%	0.01%	0.01%
	MAS	B	0.01%	0.05%	0.01%
	MCD	B	0.52%	0.03%	0.03%
	MCK	F	0.53%	0.01%	0.01%
	MCO	A	0.21%	0.02%	0.02%
	MDLZ	C	0.26%	0.03%	0.03%
	MDT	C	0.16%	0.03%	0.03%
	MET	A	0.08%	0.05%	0.05%
	MKC	C	0.01%	0.02%	0.01%
	MKL	C	0.14%	0.01%	0.01%
	MLM	D	0.02%	0.02%	0.02%
	MMC	C	0.72%	0.05%	0.05%
	MMM	A	0.29%	0.02%	0.02%
	MO	C	0.06%	0.04%	0.04%
	MOS	F	0.03%	0.05%	0.03%
	MPC	D	0.34%	0.02%	0.02%
	MRK	D	0.56%	0.03%	0.03%
	MRO	C	0.03%	0.07%	0.03%
	MRVL	C	0.02%	0.02%	0.02%
	MS	C	0.15%	0.11%	0.11%
	MSFT	C	2.86%	0.23%	0.23%
	MSI	B	0.58%	0.01%	0.01%
	MU	F	0.07%	0.04%	0.04%
	NDAQ	A	0.02%	0.03%	0.02%
	NEE	C	0.11%	0.02%	0.02%
	NEM	B	0.25%	0.04%	0.04%
	NI	B	0.02%	0.04%	0.02%
	NKE	D	0.3%	0.03%	0.03%
	NOC	A	0.59%	0.06%	0.06%
	NOW	A	0.24%	0.08%	0.08%
	NSC	C	0.05%	0.03%	0.03%
	NTAP	D	0.16%	0.02%	0.02%
	NTRS	B	0.03%	0.03%	0.03%
	NUE	F	0.07%	0.03%	0.03%
	NVDA	D	2.36%	0.07%	0.07%
	NVR	B	0.11%	0.05%	0.05%
	NXPI	D	0.03%	0.07%	0.03%
	O	C	0.05%	0.05%	0.05%
	OC	D	0.02%	0.05%	0.02%
	OKE	B	0.05%	0.02%	0.02%
	OMC	B	0.07%	0.03%	0.03%
	ORCL	B	0.48%	0.03%	0.03%
	ORLY	D	0.25%	0.02%	0.02%
	OTIS	C	0.04%	0.04%	0.04%
	PCG	B	0.06%	0.01%	0.01%
	PEG	A	0.04%	0.02%	0.02%
	PEP	D	1.15%	0.03%	0.03%
	PFE	C	0.39%	0.04%	0.04%
	PFG	B	0.03%	0.01%	0.01%
	PG	C	0.62%	0.03%	0.03%
	PGR	A	0.66%	0.03%	0.03%
	PH	A	0.03%	0.02%	0.02%
	PHM	B	0.12%	0.03%	0.03%
	PKG	B	0.08%	0.06%	0.06%
	PLD	C	0.09%	0.02%	0.02%
	PM	C	0.11%	0.02%	0.02%
	PNC	A	0.15%	0.03%	0.03%
	PNR	B	0.01%	0.04%	0.01%
	PPG	D	0.03%	0.02%	0.02%
	PPL	B	0.03%	0.03%	0.03%
	PRU	C	0.08%	0.02%	0.02%
	PSA	B	0.16%	0.03%	0.03%
	PSX	D	0.14%	0.04%	0.04%
	PWR	B	0.02%	0.05%	0.02%
	PYPL	B	0.06%	0.03%	0.03%
	QCOM	F	0.58%	0.04%	0.04%
	QRVO	F	0.01%	0.07%	0.01%
	REG	C	0.01%	0.02%	0.01%
	REGN	C	0.4%	0.06%	0.06%
	RJF	C	0.03%	0.04%	0.03%
	ROK	F	0.1%	0.02%	0.02%
	ROP	C	0.48%	0.01%	0.01%
	ROST	C	0.03%	0.02%	0.02%
	RPM	B	0.01%	0.02%	0.01%
	RPRX	D	0.01%	0.04%	0.01%
	RS	D	0.02%	0.03%	0.02%
	RSG	D	0.54%	0.0%	0.0%
	RTX	C	0.19%	0.01%	0.01%
	SBUX	C	0.06%	0.01%	0.01%
	SCHW	D	0.06%	0.01%	0.01%
	SHW	B	0.26%	0.03%	0.03%
	SJM	C	0.02%	0.02%	0.02%
	SLB	F	0.05%	0.06%	0.05%
	SNA	C	0.05%	0.02%	0.02%
	SO	A	0.56%	0.01%	0.01%
	SPG	A	0.03%	0.03%	0.03%
	SPGI	A	0.07%	0.02%	0.02%
	SRE	B	0.06%	0.02%	0.02%
	STE	C	0.01%	0.05%	0.01%
	STLD	D	0.03%	0.01%	0.01%
	STT	B	0.05%	0.03%	0.03%
	STZ	D	0.02%	0.02%	0.02%
	SUI	C	0.01%	0.02%	0.01%
	SWK	B	0.03%	0.02%	0.02%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	C	0.05%	0.04%	0.04%
	SYK	C	0.05%	0.01%	0.01%
	SYY	D	0.05%	0.03%	0.03%
	T	C	0.67%	0.07%	0.07%
	TDY	C	0.2%	0.03%	0.03%
	TEL	D	0.17%	0.02%	0.02%
	TFC	D	0.14%	0.01%	0.01%
	TGT	C	0.1%	0.05%	0.05%
	TJX	C	0.57%	0.03%	0.03%
	TMO	C	0.13%	0.02%	0.02%
	TMUS	C	0.69%	0.1%	0.1%
	TRMB	C	0.01%	0.05%	0.01%
	TSCO	C	0.09%	0.04%	0.04%
	TSN	D	0.29%	0.13%	0.13%
	TT	A	0.24%	0.07%	0.07%
	TXN	C	1.07%	0.05%	0.05%
	TXT	D	0.02%	0.02%	0.02%
	UDR	C	0.01%	0.02%	0.01%
	UHS	B	0.02%	0.04%	0.02%
	UNH	C	2.27%	0.03%	0.03%
	UNP	C	0.09%	0.02%	0.02%
	UPS	F	0.11%	0.02%	0.02%
	URI	B	0.04%	0.05%	0.04%
	USB	B	0.15%	0.04%	0.04%
	V	C	1.8%	0.01%	0.01%
	VLO	F	0.14%	0.04%	0.04%
	VMC	D	0.01%	0.02%	0.01%
	VRSK	D	0.15%	0.05%	0.05%
	VRSN	D	0.23%	0.05%	0.05%
	VTR	C	0.02%	0.01%	0.01%
	VZ	B	0.88%	0.01%	0.01%
	WAB	A	0.02%	0.04%	0.02%
	WBA	F	0.07%	0.02%	0.02%
	WEC	B	0.29%	0.01%	0.01%
	WELL	C	0.03%	0.03%	0.03%
	WFC	D	0.36%	0.01%	0.01%
	WM	D	0.51%	0.03%	0.03%
	WMB	B	0.12%	0.02%	0.02%
	WMT	B	0.92%	0.03%	0.03%
	WPC	C	0.01%	0.03%	0.01%
	WTRG	D	0.01%	0.02%	0.01%
	WY	C	0.03%	0.03%	0.03%
	XEL	B	0.19%	0.01%	0.01%
	XOM	D	0.77%	0.05%	0.05%
	XYL	D	0.02%	0.02%	0.02%
	ZBH	F	0.02%	0.05%	0.02%
	ZTS	C	0.27%	0.03%	0.03%

QUS Overweight 237 Positions Relative to SCHI

	Symbol	Grade	Weight
	META	A	2.24%
	CSCO	B	1.19%
	ACN	C	1.19%
	BRK.A	C	1.07%
	GOOG	D	1.04%
	VRTX	D	0.61%
	WCN	D	0.55%
	AJG	D	0.47%
	TRV	B	0.44%
	ELV	C	0.41%
	CTSH	C	0.4%
	ANET	A	0.38%
	GDDY	C	0.29%
	FCNCA	D	0.29%
	PANW	C	0.29%
	CDNS	D	0.27%
	SNPS	D	0.26%
	CDW	D	0.25%
	CMG	C	0.22%
	ERIE	B	0.22%
	FFIV	B	0.21%
	KHC	C	0.21%
	BAH	B	0.21%
	TSLA	C	0.2%
	YUM	F	0.19%
	CL	C	0.19%
	UBER	C	0.18%
	EG	C	0.18%
	PTC	D	0.17%
	AKAM	D	0.17%
	GWW	A	0.17%
	FICO	B	0.17%
	INCY	C	0.17%
	GRMN	D	0.17%
	ROL	C	0.17%
	PAYX	C	0.16%
	MOH	D	0.16%
	F	F	0.16%
	WTW	C	0.15%
	IDXX	D	0.15%
	WDAY	D	0.15%
	CPRT	D	0.13%
	IT	A	0.13%
	GLW	B	0.13%
	FAST	C	0.13%
	MNST	D	0.12%
	NBIX	F	0.12%
	NFLX	B	0.12%
	WRB	C	0.12%
	MPWR	C	0.12%
	MCHP	D	0.12%
	ODFL	D	0.12%
	WBD	D	0.11%
	BMRN	F	0.11%
	CNC	C	0.11%
	UTHR	C	0.1%
	RMD	C	0.1%
	OXY	F	0.1%
	LULU	D	0.1%
	VEEV	C	0.09%
	VLTO	B	0.09%
	HOLX	C	0.08%
	DECK	D	0.08%
	MELI	B	0.08%
	BLDR	C	0.08%
	TROW	D	0.08%
	ALNY	C	0.08%
	ULTA	D	0.08%
	EXPD	C	0.07%
	MANH	A	0.07%
	MTB	A	0.07%
	AMD	D	0.07%
	STX	C	0.07%
	TER	D	0.06%
	SOLV	C	0.06%
	HUBS	D	0.06%
	EME	A	0.06%
	WAT	C	0.06%
	WST	D	0.06%
	DPZ	D	0.06%
	TW	B	0.06%
	SMCI	F	0.06%
	WSM	D	0.06%
	ENPH	D	0.05%
	LNG	C	0.05%
	FDS	C	0.05%
	JBHT	D	0.05%
	VTRS	D	0.05%
	PCAR	D	0.05%
	LPLA	F	0.05%
	RF	B	0.05%
	CRWD	D	0.05%
	APA	F	0.05%
	WSO	C	0.05%
	TPL	A	0.05%
	HPE	D	0.05%
	KKR	A	0.04%
	EPAM	F	0.04%
	KNX	D	0.04%
	JKHY	C	0.04%
	BX	B	0.04%
	VICI	C	0.04%
	KVUE	C	0.04%
	FCX	D	0.04%
	CBRE	A	0.04%
	GGG	C	0.04%
	POOL	D	0.04%
	ON	F	0.03%
	SEIC	C	0.03%
	DINO	F	0.03%
	IQV	D	0.03%
	FE	C	0.03%
	CHK	D	0.03%
	LW	D	0.03%
	CEG	A	0.03%
	PAYC	D	0.03%
	CF	C	0.03%
	PARA	F	0.03%
	OVV	F	0.03%
	TTC	D	0.03%
	ACI	F	0.03%
	KMX	D	0.03%
	MKTX	C	0.03%
	GEHC	C	0.03%
	AOS	D	0.03%
	CINF	C	0.03%
	GEV	B	0.03%
	AMP	B	0.03%
	BKR	C	0.03%
	ISRG	C	0.03%
	IP	C	0.03%
	FSLR	C	0.03%
	ABNB	D	0.02%
	CHRD	F	0.02%
	DKS	D	0.02%
	CCK	A	0.02%
	SSNC	B	0.02%
	ALB	F	0.02%
	IR	C	0.02%
	BALL	C	0.02%
	FTV	C	0.02%
	LKQ	F	0.02%
	WDC	D	0.02%
	CRBG	D	0.02%
	APO	B	0.02%
	J	C	0.02%
	CE	F	0.02%
	AME	C	0.02%
	TAP	D	0.02%
	TRGP	B	0.02%
	EQT	D	0.02%
	SQ	D	0.02%
	SW	C	0.02%
	MRNA	F	0.02%
	ALLY	D	0.02%
	NRG	A	0.02%
	CNH	D	0.02%
	VRT	C	0.01%
	LYV	B	0.01%
	BBWI	F	0.01%
	Z	B	0.01%
	TYL	C	0.01%
	APP	B	0.01%
	ENTG	D	0.01%
	BIO	C	0.01%
	MTCH	C	0.01%
	NDSN	C	0.01%
	COIN	F	0.01%
	ARES	A	0.01%
	DASH	B	0.01%
	MTD	D	0.01%
	RIVN	F	0.01%
	ALGN	D	0.01%
	TWLO	C	0.01%
	RCL	A	0.01%
	SBAC	C	0.01%
	MSCI	C	0.01%
	ANSS	D	0.01%
	CTLT	B	0.01%
	MGM	D	0.01%
	WLK	D	0.01%
	CSGP	D	0.01%
	CRL	F	0.01%
	UHAL	B	0.01%
	FOX	B	0.01%
	CCL	C	0.01%
	FTNT	B	0.01%
	TFX	C	0.01%
	DVA	B	0.01%
	HLT	B	0.01%
	TDG	B	0.01%
	NWSA	D	0.01%
	TRU	B	0.01%
	ZBRA	B	0.01%
	TTWO	D	0.01%
	IRM	B	0.01%
	CG	D	0.01%
	HWM	B	0.01%
	ZM	C	0.01%
	ACM	B	0.01%
	VST	A	0.01%
	CPAY	C	0.01%
	HSIC	D	0.01%
	BURL	C	0.01%
	AVTR	C	0.01%
	CELH	F	0.0%
	TEAM	D	0.0%
	ZS	F	0.0%
	IOT	A	0.0%
	NET	D	0.0%
	TOST	A	0.0%
	RBLX	B	0.0%
	MDB	D	0.0%
	DKNG	C	0.0%
	MSTR	D	0.0%
	DDOG	D	0.0%
	BSY	D	0.0%
	PSTG	F	0.0%
	SNAP	F	0.0%
	DOCU	C	0.0%
	WYNN	D	0.0%
	DAY	D	0.0%
	PODD	B	0.0%
	SNOW	F	0.0%
	AXON	A	0.0%
	HEI	A	0.0%
	DXCM	F	0.0%
	PINS	F	0.0%
	ROKU	C	0.0%
	HOOD	C	0.0%
	HEI	A	0.0%
	EXAS	C	0.0%
	PLTR	A	0.0%
	ELS	C	0.0%
	TTD	B	0.0%
	OKTA	F	0.0%
	TECH	D	0.0%

QUS Underweight 129 Positions Relative to SCHI

	Symbol	Grade	Weight
	TD	A	-0.09%
	ARCC	B	-0.07%
	KOF	D	-0.07%
	BWA	D	-0.07%
	BMO	C	-0.07%
	BABA	B	-0.07%
	XRAY	D	-0.06%
	CNO	A	-0.06%
	JD	C	-0.06%
	BIDU	F	-0.06%
	LH	C	-0.06%
	DB	B	-0.06%
	NWG	C	-0.06%
	HSBC	B	-0.06%
	GP	D	-0.05%
	BDN	C	-0.05%
	EPR	B	-0.05%
	GSK	D	-0.05%
	AER	B	-0.05%
	VOD	C	-0.05%
	FHN	D	-0.04%
	SWX	C	-0.04%
	BNS	A	-0.04%
	FLO	C	-0.04%
	RYN	C	-0.04%
	DOX	C	-0.04%
	INGR	B	-0.04%
	RL	B	-0.04%
	TPR	C	-0.04%
	BC	C	-0.04%
	CUBE	B	-0.04%
	EXP	B	-0.04%
	GXO	D	-0.04%
	FLEX	C	-0.04%
	PAA	C	-0.04%
	BHF	D	-0.04%
	MPLX	B	-0.04%
	SITC	D	-0.03%
	SCS	D	-0.03%
	KEX	C	-0.03%
	NHI	C	-0.03%
	BNL	B	-0.03%
	SNX	D	-0.03%
	ADC	C	-0.03%
	HP	D	-0.03%
	AVT	C	-0.03%
	KSS	F	-0.03%
	AAT	B	-0.03%
	SKT	A	-0.03%
	LNC	D	-0.03%
	HIW	B	-0.03%
	MCY	D	-0.03%
	CMA	A	-0.03%
	BKU	D	-0.03%
	NOV	D	-0.03%
	ESGR	D	-0.03%
	BRX	B	-0.03%
	FMC	C	-0.03%
	HAS	B	-0.03%
	VNT	F	-0.03%
	OHI	C	-0.03%
	AZN	D	-0.03%
	MUFG	D	-0.03%
	PDM	C	-0.02%
	SAVE	F	-0.02%
	R	B	-0.02%
	AMG	C	-0.02%
	CBT	B	-0.02%
	WBS	D	-0.02%
	AGR	B	-0.02%
	LEG	D	-0.02%
	SBRA	C	-0.02%
	NVT	D	-0.02%
	AYI	A	-0.02%
	NEU	D	-0.02%
	SAFE	C	-0.02%
	EPRT	A	-0.02%
	OCSL	F	-0.02%
	KMT	B	-0.02%
	LXP	C	-0.02%
	VNO	B	-0.02%
	PNW	B	-0.02%
	FLS	D	-0.02%
	AGO	C	-0.02%
	SON	D	-0.02%
	RNR	B	-0.02%
	ARW	C	-0.02%
	SF	A	-0.02%
	UNM	B	-0.02%
	TKR	D	-0.02%
	OSK	D	-0.02%
	REXR	C	-0.02%
	CNA	D	-0.02%
	WHR	C	-0.02%
	FRT	C	-0.02%
	NNN	C	-0.02%
	AXS	B	-0.02%
	CP	C	-0.02%
	HUN	D	-0.02%
	FAF	C	-0.02%
	AN	D	-0.02%
	KRC	B	-0.02%
	VFC	C	-0.02%
	GL	C	-0.02%
	WRK	C	-0.02%
	RGA	B	-0.02%
	JEF	B	-0.02%
	EPD	B	-0.02%
	UAL	C	-0.02%
	VOYA	B	-0.01%
	MHK	C	-0.01%
	OGS	B	-0.01%
	KMPR	D	-0.01%
	WU	D	-0.01%
	THG	C	-0.01%
	LEA	F	-0.01%
	NFG	B	-0.01%
	OGE	B	-0.01%
	PSEC	C	-0.01%
	HR	C	-0.01%
	PRE	F	-0.01%
	BKH	B	-0.01%
	HRB	C	-0.01%
	CHH	C	-0.01%
	AAP	F	-0.01%
	HPP	F	-0.01%
	AAL	D	-0.01%
	AL	D	-0.01%
	LAZ	A	-0.01%

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Diagnostics & Research 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 Electronics Dow Jones Component Aerospace Chemical Telecommunications Real Estate Investment Trust Bank Medicine Semiconductor Cloud Computing Banking IBD 50 Insurance Products Mining

SCHI: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials REIT - Retail Banks - Regional - US Drug Manufacturers - Major Banks - Global Insurance - Property & Casualty Semiconductors Specialty Retail Asset Management Credit Services Insurance - Life Packaged Foods REIT - Office REIT - Residential Specialty Chemicals Business Services Capital Markets Oil & Gas E&P Aerospace & Defense

Keywords: S&P 500 Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Bank Electricity Dow Jones Component Electronics Insurance Products Banking Aerospace Chemical Computing Investment Bank Mining Financial Products Medicine Plastic Cash Management