QUS vs. SPXT ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to ProShares S&P 500 Ex-Technology ETF (SPXT)

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

$156.84

Average Daily Volume

23,407

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

SPXT

ProShares S&P 500 Ex-Technology ETF

SPXT Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Information Technology & Telecommunication Services Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Information Technology and the Telecommunication Services Sectors (collectively, the "Technology Sector").

Grade (RS Rating)

Last Trade

$90.39

Average Daily Volume

4,059

Number of Holdings ^*

430

* may have additional holdings in another (foreign) market

Performance

Period	QUS	SPXT
30 Days	2.08%	3.35%
60 Days	4.77%	5.32%
90 Days	6.12%	7.20%
12 Months	28.73%	25.12%

413 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in SPXT	Overlap
	A	C	0.12%	0.13%	0.12%
	ABBV	C	0.59%	1.07%	0.59%
	ABNB	D	0.02%	0.16%	0.02%
	ABT	C	0.16%	0.63%	0.16%
	ACGL	C	0.42%	0.13%	0.13%
	ADM	D	0.09%	0.09%	0.09%
	ADP	B	0.51%	0.35%	0.35%
	AEE	C	0.1%	0.07%	0.07%
	AEP	C	0.21%	0.17%	0.17%
	AES	C	0.02%	0.04%	0.02%
	AFL	C	0.21%	0.17%	0.17%
	AIG	D	0.12%	0.15%	0.12%
	AIZ	B	0.11%	0.03%	0.03%
	AJG	D	0.47%	0.2%	0.2%
	ALB	D	0.02%	0.03%	0.02%
	ALGN	D	0.01%	0.05%	0.01%
	ALL	B	0.06%	0.15%	0.06%
	ALLE	B	0.04%	0.04%	0.04%
	AMCR	B	0.02%	0.05%	0.02%
	AME	C	0.02%	0.12%	0.02%
	AMGN	B	0.33%	0.55%	0.33%
	AMP	A	0.03%	0.13%	0.03%
	AMT	C	0.05%	0.35%	0.05%
	AMZN	C	0.64%	5.25%	0.64%
	AON	B	0.2%	0.23%	0.2%
	AOS	D	0.03%	0.03%	0.03%
	APA	F	0.05%	0.03%	0.03%
	APD	B	0.04%	0.19%	0.04%
	APTV	D	0.03%	0.06%	0.03%
	ARE	C	0.02%	0.06%	0.02%
	ATO	B	0.04%	0.06%	0.04%
	AVB	B	0.02%	0.1%	0.02%
	AVY	C	0.01%	0.05%	0.01%
	AWK	B	0.02%	0.09%	0.02%
	AXON	B	0.0%	0.08%	0.0%
	AXP	B	0.1%	0.45%	0.1%
	AZO	D	0.37%	0.16%	0.16%
	BA	F	0.03%	0.29%	0.03%
	BAC	D	0.59%	0.83%	0.59%
	BALL	C	0.02%	0.06%	0.02%
	BAX	C	0.03%	0.06%	0.03%
	BBWI	F	0.01%	0.02%	0.01%
	BBY	C	0.1%	0.06%	0.06%
	BDX	D	0.26%	0.21%	0.21%
	BEN	F	0.01%	0.02%	0.01%
	BG	D	0.05%	0.04%	0.04%
	BIIB	F	0.03%	0.09%	0.03%
	BIO	C	0.01%	0.02%	0.01%
	BK	B	0.08%	0.16%	0.08%
	BKNG	C	0.03%	0.38%	0.03%
	BKR	C	0.03%	0.1%	0.03%
	BLDR	C	0.08%	0.06%	0.06%
	BLK	B	0.4%	0.38%	0.38%
	BMY	C	0.31%	0.31%	0.31%
	BR	D	0.03%	0.08%	0.03%
	BRK.A	C	1.07%	2.55%	1.07%
	BRO	C	0.01%	0.07%	0.01%
	BSX	B	0.04%	0.38%	0.04%
	BX	B	0.04%	0.32%	0.04%
	BXP	B	0.02%	0.03%	0.02%
	C	C	0.38%	0.34%	0.34%
	CAG	C	0.02%	0.05%	0.02%
	CAH	C	0.12%	0.09%	0.09%
	CARR	B	0.04%	0.19%	0.04%
	CAT	B	0.58%	0.51%	0.51%
	CB	B	0.66%	0.36%	0.36%
	CBOE	C	0.31%	0.07%	0.07%
	CBRE	A	0.04%	0.11%	0.04%
	CCI	C	0.03%	0.16%	0.03%
	CCL	C	0.01%	0.05%	0.01%
	CE	F	0.02%	0.04%	0.02%
	CEG	C	0.03%	0.18%	0.03%
	CF	C	0.03%	0.04%	0.03%
	CFG	C	0.06%	0.06%	0.06%
	CHD	D	0.14%	0.08%	0.08%
	CHRW	B	0.02%	0.04%	0.02%
	CHTR	D	0.08%	0.1%	0.08%
	CI	C	0.27%	0.32%	0.27%
	CINF	B	0.03%	0.06%	0.03%
	CL	D	0.19%	0.27%	0.19%
	CLX	C	0.01%	0.06%	0.01%
	CMCSA	D	0.4%	0.47%	0.4%
	CME	C	0.22%	0.25%	0.22%
	CMG	C	0.22%	0.24%	0.22%
	CMI	C	0.14%	0.12%	0.12%
	CMS	C	0.09%	0.06%	0.06%
	CNC	D	0.11%	0.12%	0.11%
	CNP	C	0.02%	0.06%	0.02%
	COF	B	0.13%	0.16%	0.13%
	COP	D	0.16%	0.37%	0.16%
	COST	B	1.35%	1.24%	1.24%
	CPAY	B	0.01%	0.07%	0.01%
	CPB	C	0.14%	0.03%	0.03%
	CPRT	D	0.13%	0.13%	0.13%
	CPT	B	0.01%	0.04%	0.01%
	CRL	F	0.01%	0.03%	0.01%
	CSGP	D	0.01%	0.1%	0.01%
	CSX	D	0.05%	0.2%	0.05%
	CTAS	B	0.23%	0.22%	0.22%
	CTLT	B	0.01%	0.03%	0.01%
	CTRA	D	0.03%	0.05%	0.03%
	CTVA	B	0.17%	0.12%	0.12%
	CVS	D	0.32%	0.22%	0.22%
	CVX	D	0.49%	0.73%	0.49%
	D	C	0.14%	0.15%	0.14%
	DAL	C	0.01%	0.09%	0.01%
	DAY	D	0.0%	0.03%	0.0%
	DD	B	0.04%	0.1%	0.04%
	DE	B	0.11%	0.31%	0.11%
	DECK	C	0.08%	0.07%	0.07%
	DFS	B	0.06%	0.1%	0.06%
	DG	F	0.02%	0.05%	0.02%
	DGX	B	0.06%	0.05%	0.05%
	DHI	B	0.23%	0.17%	0.17%
	DHR	B	0.1%	0.56%	0.1%
	DIS	D	0.14%	0.5%	0.14%
	DLR	B	0.03%	0.16%	0.03%
	DLTR	F	0.02%	0.04%	0.02%
	DOC	C	0.01%	0.05%	0.01%
	DOV	B	0.02%	0.08%	0.02%
	DOW	D	0.07%	0.11%	0.07%
	DPZ	F	0.06%	0.04%	0.04%
	DRI	B	0.01%	0.06%	0.01%
	DTE	C	0.1%	0.08%	0.08%
	DUK	C	0.64%	0.28%	0.28%
	DVA	B	0.01%	0.02%	0.01%
	DVN	F	0.04%	0.08%	0.04%
	DXCM	F	0.0%	0.08%	0.0%
	EA	D	0.29%	0.11%	0.11%
	EBAY	B	0.02%	0.1%	0.02%
	ECL	B	0.03%	0.2%	0.03%
	ED	C	0.46%	0.11%	0.11%
	EFX	B	0.02%	0.11%	0.02%
	EG	C	0.18%	0.05%	0.05%
	EIX	C	0.05%	0.1%	0.05%
	EL	F	0.01%	0.06%	0.01%
	ELV	C	0.41%	0.39%	0.39%
	EMN	B	0.02%	0.04%	0.02%
	EMR	D	0.04%	0.18%	0.04%
	EOG	D	0.14%	0.21%	0.14%
	EQIX	C	0.02%	0.25%	0.02%
	EQR	B	0.02%	0.08%	0.02%
	EQT	D	0.02%	0.06%	0.02%
	ES	C	0.03%	0.07%	0.03%
	ESS	B	0.01%	0.06%	0.01%
	ETN	C	0.04%	0.37%	0.04%
	ETR	B	0.04%	0.08%	0.04%
	EVRG	B	0.02%	0.04%	0.02%
	EW	F	0.13%	0.13%	0.13%
	EXC	C	0.06%	0.12%	0.06%
	EXPD	C	0.07%	0.05%	0.05%
	EXPE	C	0.01%	0.05%	0.01%
	EXR	B	0.03%	0.12%	0.03%
	F	F	0.16%	0.13%	0.13%
	FANG	D	0.22%	0.09%	0.09%
	FAST	C	0.13%	0.12%	0.12%
	FCX	D	0.04%	0.18%	0.04%
	FDS	C	0.05%	0.05%	0.05%
	FDX	C	0.12%	0.2%	0.12%
	FE	C	0.03%	0.07%	0.03%
	FIS	B	0.03%	0.14%	0.03%
	FITB	B	0.06%	0.09%	0.06%
	FOX	B	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.03%	0.02%
	FTV	C	0.02%	0.08%	0.02%
	GD	B	0.08%	0.21%	0.08%
	GE	B	0.11%	0.57%	0.11%
	GEHC	C	0.03%	0.12%	0.03%
	GEV	B	0.03%	0.18%	0.03%
	GILD	B	0.41%	0.31%	0.31%
	GIS	B	0.3%	0.13%	0.13%
	GM	C	0.27%	0.16%	0.16%
	GOOG	D	1.04%	2.31%	1.04%
	GOOGL	D	1.12%	2.76%	1.12%
	GPC	D	0.02%	0.06%	0.02%
	GPN	D	0.04%	0.09%	0.04%
	GRMN	D	0.17%	0.09%	0.09%
	GS	C	0.25%	0.47%	0.25%
	GWW	B	0.17%	0.13%	0.13%
	HAL	F	0.03%	0.08%	0.03%
	HBAN	B	0.05%	0.06%	0.05%
	HCA	B	0.07%	0.23%	0.07%
	HD	B	0.33%	1.14%	0.33%
	HES	F	0.02%	0.11%	0.02%
	HIG	B	0.09%	0.1%	0.09%
	HII	D	0.01%	0.03%	0.01%
	HLT	B	0.01%	0.16%	0.01%
	HOLX	B	0.08%	0.06%	0.06%
	HON	D	0.48%	0.41%	0.41%
	HRL	C	0.09%	0.03%	0.03%
	HSIC	C	0.01%	0.03%	0.01%
	HST	C	0.01%	0.04%	0.01%
	HSY	C	0.22%	0.09%	0.09%
	HUBB	B	0.06%	0.06%	0.06%
	HUM	F	0.23%	0.12%	0.12%
	HWM	B	0.01%	0.11%	0.01%
	ICE	C	0.15%	0.29%	0.15%
	IDXX	C	0.15%	0.12%	0.12%
	IEX	D	0.04%	0.05%	0.04%
	IFF	B	0.02%	0.08%	0.02%
	INCY	C	0.17%	0.03%	0.03%
	INVH	C	0.01%	0.06%	0.01%
	IP	B	0.03%	0.05%	0.03%
	IPG	C	0.02%	0.04%	0.02%
	IQV	C	0.03%	0.13%	0.03%
	IR	C	0.02%	0.11%	0.02%
	IRM	C	0.01%	0.1%	0.01%
	ISRG	B	0.03%	0.54%	0.03%
	ITW	C	0.26%	0.21%	0.21%
	J	C	0.02%	0.05%	0.02%
	JBHT	D	0.05%	0.04%	0.04%
	JCI	B	0.04%	0.15%	0.04%
	JKHY	B	0.04%	0.04%	0.04%
	JNJ	C	1.8%	1.23%	1.23%
	JPM	D	0.9%	1.85%	0.9%
	K	B	0.3%	0.07%	0.07%
	KDP	B	0.28%	0.12%	0.12%
	KEY	B	0.04%	0.05%	0.04%
	KHC	C	0.21%	0.09%	0.09%
	KIM	C	0.02%	0.05%	0.02%
	KKR	B	0.04%	0.24%	0.04%
	KMB	D	0.11%	0.15%	0.11%
	KMI	B	0.05%	0.13%	0.05%
	KMX	D	0.03%	0.04%	0.03%
	KO	C	0.96%	0.86%	0.86%
	KR	C	0.31%	0.11%	0.11%
	KVUE	C	0.04%	0.14%	0.04%
	L	C	0.12%	0.04%	0.04%
	LDOS	B	0.02%	0.06%	0.02%
	LEN	B	0.07%	0.14%	0.07%
	LHX	C	0.04%	0.13%	0.04%
	LIN	B	0.17%	0.7%	0.17%
	LKQ	F	0.02%	0.03%	0.02%
	LLY	C	2.43%	2.29%	2.29%
	LMT	C	0.79%	0.38%	0.38%
	LNT	B	0.05%	0.05%	0.05%
	LOW	B	0.12%	0.44%	0.12%
	LULU	D	0.1%	0.09%	0.09%
	LUV	C	0.01%	0.05%	0.01%
	LVS	D	0.01%	0.04%	0.01%
	LW	D	0.03%	0.03%	0.03%
	LYB	D	0.05%	0.08%	0.05%
	LYV	B	0.01%	0.04%	0.01%
	MA	B	1.63%	1.24%	1.24%
	MAA	B	0.01%	0.06%	0.01%
	MAR	C	0.02%	0.17%	0.02%
	MAS	B	0.01%	0.05%	0.01%
	MCD	B	0.52%	0.65%	0.52%
	MCK	F	0.53%	0.21%	0.21%
	MCO	B	0.21%	0.23%	0.21%
	MDLZ	B	0.26%	0.31%	0.26%
	MDT	C	0.16%	0.37%	0.16%
	MET	B	0.08%	0.14%	0.08%
	META	B	2.24%	3.49%	2.24%
	MGM	F	0.01%	0.03%	0.01%
	MKC	C	0.01%	0.06%	0.01%
	MKTX	C	0.03%	0.03%	0.03%
	MLM	D	0.02%	0.09%	0.02%
	MMC	C	0.72%	0.35%	0.35%
	MMM	B	0.29%	0.22%	0.22%
	MNST	D	0.12%	0.11%	0.11%
	MO	C	0.06%	0.28%	0.06%
	MOH	D	0.16%	0.06%	0.06%
	MOS	F	0.03%	0.03%	0.03%
	MPC	F	0.34%	0.17%	0.17%
	MRK	D	0.56%	0.9%	0.56%
	MRNA	F	0.02%	0.08%	0.02%
	MRO	C	0.03%	0.05%	0.03%
	MS	D	0.15%	0.38%	0.15%
	MSCI	C	0.01%	0.14%	0.01%
	MTB	B	0.07%	0.09%	0.07%
	MTCH	C	0.01%	0.03%	0.01%
	MTD	D	0.01%	0.09%	0.01%
	NDAQ	A	0.02%	0.09%	0.02%
	NDSN	C	0.01%	0.04%	0.01%
	NEE	C	0.11%	0.53%	0.11%
	NEM	B	0.25%	0.18%	0.18%
	NFLX	B	0.12%	0.91%	0.12%
	NI	B	0.02%	0.05%	0.02%
	NKE	D	0.3%	0.3%	0.3%
	NOC	B	0.59%	0.22%	0.22%
	NRG	C	0.02%	0.05%	0.02%
	NSC	C	0.05%	0.18%	0.05%
	NTRS	A	0.03%	0.06%	0.03%
	NUE	F	0.07%	0.1%	0.07%
	NVR	B	0.11%	0.09%	0.09%
	NWSA	D	0.01%	0.03%	0.01%
	O	C	0.05%	0.17%	0.05%
	ODFL	D	0.12%	0.1%	0.1%
	OKE	B	0.05%	0.16%	0.05%
	OMC	B	0.07%	0.06%	0.06%
	ORLY	C	0.25%	0.2%	0.2%
	OTIS	C	0.04%	0.12%	0.04%
	OXY	F	0.1%	0.11%	0.1%
	PARA	F	0.03%	0.02%	0.02%
	PAYC	D	0.03%	0.02%	0.02%
	PAYX	C	0.16%	0.13%	0.13%
	PCAR	D	0.05%	0.15%	0.05%
	PCG	C	0.06%	0.13%	0.06%
	PEG	B	0.04%	0.13%	0.04%
	PEP	C	1.15%	0.75%	0.75%
	PFE	C	0.39%	0.52%	0.39%
	PFG	B	0.03%	0.05%	0.03%
	PG	C	0.62%	1.28%	0.62%
	PGR	B	0.66%	0.45%	0.45%
	PH	B	0.03%	0.23%	0.03%
	PHM	B	0.12%	0.09%	0.09%
	PKG	B	0.08%	0.06%	0.06%
	PLD	C	0.09%	0.38%	0.09%
	PM	C	0.11%	0.61%	0.11%
	PNC	B	0.15%	0.22%	0.15%
	PNR	B	0.01%	0.05%	0.01%
	PODD	B	0.0%	0.05%	0.0%
	POOL	C	0.04%	0.04%	0.04%
	PPG	D	0.03%	0.09%	0.03%
	PPL	C	0.03%	0.07%	0.03%
	PRU	C	0.08%	0.13%	0.08%
	PSA	B	0.16%	0.18%	0.16%
	PSX	F	0.14%	0.17%	0.14%
	PWR	B	0.02%	0.12%	0.02%
	PYPL	B	0.06%	0.23%	0.06%
	RCL	B	0.01%	0.12%	0.01%
	REG	C	0.01%	0.04%	0.01%
	REGN	C	0.4%	0.37%	0.37%
	RF	B	0.05%	0.06%	0.05%
	RJF	C	0.03%	0.07%	0.03%
	RMD	C	0.1%	0.12%	0.1%
	ROK	D	0.1%	0.09%	0.09%
	ROL	C	0.17%	0.04%	0.04%
	ROST	C	0.03%	0.16%	0.03%
	RSG	D	0.54%	0.13%	0.13%
	RTX	C	0.19%	0.49%	0.19%
	SBAC	C	0.01%	0.08%	0.01%
	SBUX	C	0.06%	0.35%	0.06%
	SCHW	D	0.06%	0.29%	0.06%
	SHW	B	0.26%	0.27%	0.26%
	SJM	C	0.02%	0.04%	0.02%
	SLB	F	0.05%	0.18%	0.05%
	SNA	C	0.05%	0.04%	0.04%
	SO	B	0.56%	0.3%	0.3%
	SOLV	C	0.06%	0.03%	0.03%
	SPG	B	0.03%	0.17%	0.03%
	SPGI	B	0.07%	0.51%	0.07%
	SRE	C	0.06%	0.16%	0.06%
	STE	C	0.01%	0.07%	0.01%
	STLD	F	0.03%	0.05%	0.03%
	STT	A	0.05%	0.08%	0.05%
	STZ	D	0.02%	0.12%	0.02%
	SW	B	0.02%	0.07%	0.02%
	SWK	B	0.03%	0.05%	0.03%
	SYF	C	0.05%	0.06%	0.05%
	SYK	C	0.05%	0.39%	0.05%
	SYY	D	0.05%	0.12%	0.05%
	T	C	0.67%	0.48%	0.48%
	TAP	D	0.02%	0.03%	0.02%
	TDG	B	0.01%	0.23%	0.01%
	TECH	C	0.0%	0.04%	0.0%
	TFC	C	0.14%	0.17%	0.14%
	TFX	C	0.01%	0.04%	0.01%
	TGT	C	0.1%	0.21%	0.1%
	TJX	B	0.57%	0.42%	0.42%
	TMO	B	0.13%	0.73%	0.13%
	TMUS	C	0.69%	0.32%	0.32%
	TRGP	B	0.02%	0.1%	0.02%
	TROW	D	0.08%	0.07%	0.07%
	TRV	C	0.44%	0.16%	0.16%
	TSCO	C	0.09%	0.09%	0.09%
	TSLA	C	0.2%	1.97%	0.2%
	TSN	C	0.29%	0.06%	0.06%
	TT	B	0.24%	0.25%	0.24%
	TTWO	C	0.01%	0.07%	0.01%
	TXT	D	0.02%	0.05%	0.02%
	UBER	C	0.18%	0.46%	0.18%
	UDR	C	0.01%	0.04%	0.01%
	UHS	B	0.02%	0.04%	0.02%
	ULTA	D	0.08%	0.05%	0.05%
	UNH	C	2.27%	1.69%	1.69%
	UNP	C	0.09%	0.47%	0.09%
	UPS	D	0.11%	0.29%	0.11%
	URI	B	0.04%	0.14%	0.04%
	USB	B	0.15%	0.22%	0.15%
	V	C	1.8%	1.39%	1.39%
	VICI	C	0.04%	0.11%	0.04%
	VLO	F	0.14%	0.14%	0.14%
	VLTO	C	0.09%	0.07%	0.07%
	VMC	D	0.01%	0.1%	0.01%
	VRSK	D	0.15%	0.12%	0.12%
	VRTX	D	0.61%	0.38%	0.38%
	VST	C	0.01%	0.08%	0.01%
	VTR	C	0.02%	0.08%	0.02%
	VTRS	D	0.05%	0.04%	0.04%
	VZ	B	0.88%	0.57%	0.57%
	WAB	B	0.02%	0.09%	0.02%
	WAT	C	0.06%	0.06%	0.06%
	WBA	F	0.07%	0.02%	0.02%
	WBD	D	0.11%	0.05%	0.05%
	WEC	C	0.29%	0.09%	0.09%
	WELL	C	0.03%	0.24%	0.03%
	WFC	D	0.36%	0.58%	0.36%
	WM	D	0.51%	0.24%	0.24%
	WMB	B	0.12%	0.17%	0.12%
	WMT	C	0.92%	1.05%	0.92%
	WRB	C	0.12%	0.05%	0.05%
	WST	D	0.06%	0.07%	0.06%
	WTW	C	0.15%	0.09%	0.09%
	WY	C	0.03%	0.07%	0.03%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	B	0.19%	0.11%	0.11%
	XOM	C	0.77%	1.53%	0.77%
	XYL	C	0.02%	0.1%	0.02%
	YUM	D	0.19%	0.12%	0.12%
	ZBH	F	0.02%	0.07%	0.02%
	ZTS	C	0.27%	0.27%	0.27%

QUS Overweight 166 Positions Relative to SPXT

	Symbol	Grade	Weight
	AAPL	C	3.27%
	MSFT	C	2.86%
	NVDA	D	2.36%
	CSCO	C	1.19%
	ACN	C	1.19%
	TXN	C	1.07%
	ADBE	F	0.78%
	IBM	B	0.72%
	APH	D	0.66%
	AVGO	C	0.6%
	QCOM	D	0.58%
	MSI	B	0.58%
	AMAT	D	0.55%
	WCN	D	0.55%
	ROP	C	0.48%
	ORCL	C	0.48%
	CTSH	C	0.4%
	ANET	B	0.38%
	KLAC	D	0.36%
	LRCX	F	0.34%
	GDDY	C	0.29%
	FCNCA	D	0.29%
	PANW	D	0.29%
	KEYS	C	0.27%
	CDNS	D	0.27%
	SNPS	D	0.26%
	CDW	D	0.25%
	NOW	B	0.24%
	VRSN	D	0.23%
	ERIE	B	0.22%
	FFIV	B	0.21%
	BAH	C	0.21%
	TDY	B	0.2%
	JNPR	B	0.18%
	PTC	D	0.17%
	AKAM	D	0.17%
	FICO	B	0.17%
	TEL	D	0.17%
	NTAP	D	0.16%
	INTC	F	0.15%
	AFG	B	0.15%
	WDAY	D	0.15%
	ADI	C	0.15%
	MKL	C	0.14%
	ADSK	C	0.14%
	IT	B	0.13%
	GLW	C	0.13%
	NBIX	F	0.12%
	MPWR	C	0.12%
	MCHP	F	0.12%
	BMRN	F	0.11%
	UTHR	C	0.1%
	VEEV	C	0.09%
	CRM	D	0.09%
	MELI	B	0.08%
	ALNY	C	0.08%
	MU	F	0.07%
	MANH	B	0.07%
	AMD	D	0.07%
	STX	C	0.07%
	TER	D	0.06%
	SWKS	D	0.06%
	HUBS	D	0.06%
	EME	B	0.06%
	TW	B	0.06%
	SMCI	F	0.06%
	WSM	D	0.06%
	HPQ	D	0.06%
	ENPH	D	0.05%
	LNG	C	0.05%
	LPLA	D	0.05%
	CRWD	D	0.05%
	WSO	C	0.05%
	TPL	B	0.05%
	HPE	D	0.05%
	DELL	D	0.05%
	EPAM	F	0.04%
	INTU	C	0.04%
	KNX	C	0.04%
	GGG	C	0.04%
	ON	D	0.03%
	SEIC	C	0.03%
	DINO	F	0.03%
	CHK	D	0.03%
	OVV	F	0.03%
	TTC	D	0.03%
	ACI	F	0.03%
	NXPI	F	0.03%
	FSLR	C	0.03%
	CHRD	F	0.02%
	DKS	D	0.02%
	CCK	A	0.02%
	SSNC	B	0.02%
	EQH	C	0.02%
	MRVL	C	0.02%
	OC	D	0.02%
	WDC	D	0.02%
	CRBG	D	0.02%
	APO	C	0.02%
	FNF	B	0.02%
	SQ	D	0.02%
	RS	D	0.02%
	ALLY	F	0.02%
	JBL	D	0.02%
	CNH	D	0.02%
	VRT	C	0.01%
	Z	B	0.01%
	TYL	C	0.01%
	APP	C	0.01%
	ENTG	F	0.01%
	LII	B	0.01%
	COIN	F	0.01%
	ARES	B	0.01%
	DASH	C	0.01%
	ILMN	C	0.01%
	RIVN	F	0.01%
	TWLO	D	0.01%
	ANSS	D	0.01%
	AMH	C	0.01%
	WLK	D	0.01%
	UHAL	A	0.01%
	RPRX	C	0.01%
	FTNT	C	0.01%
	CSL	B	0.01%
	RPM	B	0.01%
	WTRG	D	0.01%
	GLPI	C	0.01%
	TRMB	C	0.01%
	TRU	B	0.01%
	ZBRA	B	0.01%
	CG	D	0.01%
	ZM	C	0.01%
	QRVO	F	0.01%
	ACM	B	0.01%
	BURL	B	0.01%
	SUI	B	0.01%
	WPC	C	0.01%
	AVTR	B	0.01%
	CELH	F	0.0%
	TEAM	D	0.0%
	ZS	F	0.0%
	IOT	B	0.0%
	NET	D	0.0%
	TOST	C	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%
	H	C	0.0%
	DT	C	0.0%
	SNOW	F	0.0%
	HEI	B	0.0%
	PINS	F	0.0%
	ROKU	C	0.0%
	HOOD	C	0.0%
	HEI	B	0.0%
	EXAS	C	0.0%
	PLTR	B	0.0%
	ELS	C	0.0%
	TTD	B	0.0%
	OKTA	F	0.0%

QUS Underweight 17 Positions Relative to SPXT

	Symbol	Grade	Weight
	UAL	C	-0.05%
	NCLH	C	-0.03%
	GL	C	-0.03%
	GNRC	D	-0.03%
	FRT	C	-0.03%
	HAS	B	-0.03%
	TPR	C	-0.03%
	PNW	C	-0.03%
	ETSY	F	-0.02%
	RL	C	-0.02%
	AAL	D	-0.02%
	IVZ	B	-0.02%
	BWA	D	-0.02%
	FMC	C	-0.02%
	MHK	C	-0.02%
	CZR	C	-0.02%
	NWS	D	-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

SPXT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty REIT - Residential Specialty Chemicals

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Dow Jones Component Chemical Real Estate Investment Trust Medicine Bank Banking Electronics Insurance Products Petroleum Industry Telecommunications Transport Investment Bank Mining Aerospace Disability