QUS vs. SSPY ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Syntax Stratified LargeCap ETF (SSPY)

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

$156.61

Average Daily Volume

23,407

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$80.13

Average Daily Volume

2,704

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	QUS	SSPY
30 Days	2.08%	3.30%
60 Days	4.77%	5.09%
90 Days	6.12%	6.57%
12 Months	28.73%	21.73%

479 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in SSPY	Overlap
A	C	0.12%	0.15%	0.12%
AAPL	C	3.27%	0.5%	0.5%
ABBV	C	0.59%	0.28%	0.28%
ABNB	D	0.02%	0.09%	0.02%
ABT	C	0.16%	0.07%	0.07%
ACGL	C	0.42%	0.16%	0.16%
ACN	C	1.19%	0.16%	0.16%
ADBE	F	0.78%	0.16%	0.16%
ADI	C	0.15%	0.21%	0.15%
ADM	D	0.09%	0.37%	0.09%
ADP	B	0.51%	0.25%	0.25%
ADSK	C	0.14%	0.19%	0.14%
AEE	C	0.1%	0.09%	0.09%
AEP	C	0.21%	0.29%	0.21%
AES	C	0.02%	0.29%	0.02%
AFL	C	0.21%	0.25%	0.21%
AIG	D	0.12%	0.24%	0.12%
AIZ	B	0.11%	0.28%	0.11%
AJG	D	0.47%	0.04%	0.04%
AKAM	D	0.17%	0.29%	0.17%
ALB	D	0.02%	0.04%	0.02%
ALGN	D	0.01%	0.1%	0.01%
ALL	B	0.06%	0.3%	0.06%
ALLE	B	0.04%	0.09%	0.04%
AMAT	D	0.55%	0.13%	0.13%
AMCR	B	0.02%	0.14%	0.02%
AMD	D	0.07%	0.12%	0.07%
AME	C	0.02%	0.12%	0.02%
AMGN	B	0.33%	0.28%	0.28%
AMP	A	0.03%	0.09%	0.03%
AMT	C	0.05%	0.08%	0.05%
AMZN	C	0.64%	0.14%	0.14%
ANET	B	0.38%	0.21%	0.21%
ANSS	D	0.01%	0.16%	0.01%
AON	B	0.2%	0.04%	0.04%
AOS	D	0.03%	0.18%	0.03%
APA	F	0.05%	0.06%	0.05%
APD	B	0.04%	0.05%	0.04%
APH	D	0.66%	0.17%	0.17%
APTV	D	0.03%	0.36%	0.03%
ARE	C	0.02%	0.12%	0.02%
ATO	B	0.04%	0.39%	0.04%
AVB	B	0.02%	0.13%	0.02%
AVGO	C	0.6%	0.21%	0.21%
AVY	C	0.01%	0.06%	0.01%
AWK	B	0.02%	0.37%	0.02%
AXON	B	0.0%	0.11%	0.0%
AXP	B	0.1%	0.05%	0.05%
AZO	D	0.37%	0.15%	0.15%
BA	F	0.03%	0.14%	0.03%
BAC	D	0.59%	0.12%	0.12%
BALL	C	0.02%	0.12%	0.02%
BAX	C	0.03%	0.06%	0.03%
BBWI	F	0.01%	0.11%	0.01%
BBY	C	0.1%	0.18%	0.1%
BDX	D	0.26%	0.05%	0.05%
BEN	F	0.01%	0.07%	0.01%
BG	D	0.05%	0.35%	0.05%
BIIB	F	0.03%	0.21%	0.03%
BIO	C	0.01%	0.09%	0.01%
BK	B	0.08%	0.13%	0.08%
BKNG	C	0.03%	0.12%	0.03%
BKR	C	0.03%	0.36%	0.03%
BLDR	C	0.08%	0.23%	0.08%
BLK	B	0.4%	0.09%	0.09%
BMY	C	0.31%	0.3%	0.3%
BR	D	0.03%	0.12%	0.03%
BRK.A	C	1.07%	0.54%	0.54%
BRO	C	0.01%	0.04%	0.01%
BSX	B	0.04%	0.07%	0.04%
BX	B	0.04%	0.1%	0.04%
BXP	B	0.02%	0.14%	0.02%
C	C	0.38%	0.12%	0.12%
CAG	C	0.02%	0.24%	0.02%
CAH	C	0.12%	0.22%	0.12%
CARR	B	0.04%	0.09%	0.04%
CAT	B	0.58%	0.13%	0.13%
CB	B	0.66%	0.16%	0.16%
CBOE	C	0.31%	0.05%	0.05%
CBRE	A	0.04%	0.05%	0.04%
CCI	C	0.03%	0.08%	0.03%
CCL	C	0.01%	0.09%	0.01%
CDNS	D	0.27%	0.28%	0.27%
CDW	D	0.25%	0.12%	0.12%
CE	F	0.02%	0.06%	0.02%
CEG	C	0.03%	0.27%	0.03%
CF	C	0.03%	0.09%	0.03%
CFG	C	0.06%	0.06%	0.06%
CHD	D	0.14%	0.41%	0.14%
CHRW	B	0.02%	0.1%	0.02%
CHTR	D	0.08%	0.61%	0.08%
CI	C	0.27%	0.21%	0.21%
CINF	B	0.03%	0.17%	0.03%
CL	D	0.19%	0.47%	0.19%
CLX	C	0.01%	0.52%	0.01%
CMCSA	D	0.4%	0.51%	0.4%
CME	C	0.22%	0.05%	0.05%
CMG	C	0.22%	0.44%	0.22%
CMI	C	0.14%	0.08%	0.08%
CMS	C	0.09%	0.09%	0.09%
CNC	D	0.11%	0.29%	0.11%
CNP	C	0.02%	0.22%	0.02%
COF	B	0.13%	0.68%	0.13%
COP	D	0.16%	0.07%	0.07%
COST	B	1.35%	0.77%	0.77%
CPAY	B	0.01%	0.05%	0.01%
CPB	C	0.14%	0.24%	0.14%
CPRT	D	0.13%	0.2%	0.13%
CPT	B	0.01%	0.12%	0.01%
CRL	F	0.01%	0.14%	0.01%
CRM	D	0.09%	0.36%	0.09%
CRWD	D	0.05%	0.11%	0.05%
CSCO	C	1.19%	0.22%	0.22%
CSGP	D	0.01%	0.04%	0.01%
CSX	D	0.05%	0.09%	0.05%
CTAS	B	0.23%	0.22%	0.22%
CTLT	B	0.01%	0.26%	0.01%
CTRA	D	0.03%	0.14%	0.03%
CTSH	C	0.4%	0.16%	0.16%
CTVA	B	0.17%	0.09%	0.09%
CVS	D	0.32%	0.63%	0.32%
CVX	D	0.49%	0.68%	0.49%
D	C	0.14%	0.28%	0.14%
DAL	C	0.01%	0.17%	0.01%
DAY	D	0.0%	0.26%	0.0%
DD	B	0.04%	0.05%	0.04%
DE	B	0.11%	0.13%	0.11%
DECK	C	0.08%	0.27%	0.08%
DFS	B	0.06%	0.71%	0.06%
DG	F	0.02%	0.11%	0.02%
DGX	B	0.06%	0.18%	0.06%
DHI	B	0.23%	0.33%	0.23%
DHR	B	0.1%	0.09%	0.09%
DIS	D	0.14%	0.18%	0.14%
DLR	B	0.03%	0.28%	0.03%
DLTR	F	0.02%	0.11%	0.02%
DOC	C	0.01%	0.12%	0.01%
DOV	B	0.02%	0.17%	0.02%
DOW	D	0.07%	0.06%	0.06%
DPZ	F	0.06%	0.38%	0.06%
DRI	B	0.01%	0.52%	0.01%
DTE	C	0.1%	0.27%	0.1%
DUK	C	0.64%	0.09%	0.09%
DVA	B	0.01%	0.13%	0.01%
DVN	F	0.04%	0.14%	0.04%
DXCM	F	0.0%	0.06%	0.0%
EA	D	0.29%	0.52%	0.29%
EBAY	B	0.02%	0.18%	0.02%
ECL	B	0.03%	0.05%	0.03%
ED	C	0.46%	0.28%	0.28%
EFX	B	0.02%	0.05%	0.02%
EG	C	0.18%	0.15%	0.15%
EIX	C	0.05%	0.29%	0.05%
EL	F	0.01%	0.31%	0.01%
ELV	C	0.41%	0.27%	0.27%
EMN	B	0.02%	0.05%	0.02%
EMR	D	0.04%	0.03%	0.03%
ENPH	D	0.05%	0.22%	0.05%
EOG	D	0.14%	0.07%	0.07%
EPAM	F	0.04%	0.15%	0.04%
EQIX	C	0.02%	0.3%	0.02%
EQR	B	0.02%	0.13%	0.02%
EQT	D	0.02%	0.14%	0.02%
ES	C	0.03%	0.09%	0.03%
ESS	B	0.01%	0.12%	0.01%
ETN	C	0.04%	0.23%	0.04%
ETR	B	0.04%	0.29%	0.04%
EVRG	B	0.02%	0.09%	0.02%
EW	F	0.13%	0.05%	0.05%
EXC	C	0.06%	0.33%	0.06%
EXPD	C	0.07%	0.08%	0.07%
EXPE	C	0.01%	0.12%	0.01%
EXR	B	0.03%	0.12%	0.03%
F	F	0.16%	0.22%	0.16%
FANG	D	0.22%	0.07%	0.07%
FAST	C	0.13%	0.14%	0.13%
FCX	D	0.04%	0.22%	0.04%
FDS	C	0.05%	0.04%	0.04%
FDX	C	0.12%	0.1%	0.1%
FE	C	0.03%	0.28%	0.03%
FFIV	B	0.21%	0.25%	0.21%
FICO	B	0.17%	0.06%	0.06%
FIS	B	0.03%	0.06%	0.03%
FITB	B	0.06%	0.07%	0.06%
FOX	B	0.01%	0.12%	0.01%
FOXA	B	0.02%	0.12%	0.02%
FSLR	C	0.03%	0.16%	0.03%
FTNT	C	0.01%	0.2%	0.01%
FTV	C	0.02%	0.03%	0.02%
GD	B	0.08%	0.17%	0.08%
GDDY	C	0.29%	0.28%	0.28%
GE	B	0.11%	0.19%	0.11%
GEHC	C	0.03%	0.09%	0.03%
GEV	B	0.03%	0.22%	0.03%
GILD	B	0.41%	0.31%	0.31%
GIS	B	0.3%	0.24%	0.24%
GLW	C	0.13%	0.21%	0.13%
GM	C	0.27%	0.24%	0.24%
GOOG	D	1.04%	0.19%	0.19%
GOOGL	D	1.12%	0.19%	0.19%
GPC	D	0.02%	0.15%	0.02%
GPN	D	0.04%	0.05%	0.04%
GRMN	D	0.17%	0.35%	0.17%
GS	C	0.25%	0.27%	0.25%
GWW	B	0.17%	0.14%	0.14%
HAL	F	0.03%	0.28%	0.03%
HBAN	B	0.05%	0.06%	0.05%
HCA	B	0.07%	0.39%	0.07%
HD	B	0.33%	0.27%	0.27%
HES	F	0.02%	0.06%	0.02%
HIG	B	0.09%	0.16%	0.09%
HII	D	0.01%	0.09%	0.01%
HLT	B	0.01%	0.11%	0.01%
HOLX	B	0.08%	0.09%	0.08%
HON	D	0.48%	0.16%	0.16%
HPE	D	0.05%	0.16%	0.05%
HPQ	D	0.06%	0.31%	0.06%
HRL	C	0.09%	0.39%	0.09%
HSIC	C	0.01%	0.21%	0.01%
HST	C	0.01%	0.11%	0.01%
HSY	C	0.22%	0.2%	0.2%
HUBB	B	0.06%	0.27%	0.06%
HUM	F	0.23%	0.23%	0.23%
HWM	B	0.01%	0.09%	0.01%
IBM	B	0.72%	0.42%	0.42%
ICE	C	0.15%	0.05%	0.05%
IDXX	C	0.15%	0.09%	0.09%
IEX	D	0.04%	0.19%	0.04%
IFF	B	0.02%	0.05%	0.02%
INCY	C	0.17%	0.26%	0.17%
INTC	F	0.15%	0.09%	0.09%
INTU	C	0.04%	0.24%	0.04%
INVH	C	0.01%	0.11%	0.01%
IP	B	0.03%	0.07%	0.03%
IPG	C	0.02%	0.34%	0.02%
IQV	C	0.03%	0.16%	0.03%
IR	C	0.02%	0.18%	0.02%
IRM	C	0.01%	0.09%	0.01%
ISRG	B	0.03%	0.14%	0.03%
IT	B	0.13%	0.15%	0.13%
ITW	C	0.26%	0.18%	0.18%
J	C	0.02%	0.38%	0.02%
JBHT	D	0.05%	0.09%	0.05%
JBL	D	0.02%	0.29%	0.02%
JCI	B	0.04%	0.08%	0.04%
JKHY	B	0.04%	0.06%	0.04%
JNJ	C	1.8%	0.28%	0.28%
JNPR	B	0.18%	0.21%	0.18%
JPM	D	0.9%	0.13%	0.13%
K	B	0.3%	0.26%	0.26%
KDP	B	0.28%	0.27%	0.27%
KEY	B	0.04%	0.07%	0.04%
KEYS	C	0.27%	0.21%	0.21%
KHC	C	0.21%	0.23%	0.21%
KIM	C	0.02%	0.08%	0.02%
KKR	B	0.04%	0.09%	0.04%
KLAC	D	0.36%	0.14%	0.14%
KMB	D	0.11%	0.43%	0.11%
KMI	B	0.05%	0.27%	0.05%
KMX	D	0.03%	0.17%	0.03%
KO	C	0.96%	0.28%	0.28%
KR	C	0.31%	0.82%	0.31%
KVUE	C	0.04%	0.54%	0.04%
L	C	0.12%	0.52%	0.12%
LDOS	B	0.02%	0.14%	0.02%
LEN	B	0.07%	0.29%	0.07%
LHX	C	0.04%	0.09%	0.04%
LIN	B	0.17%	0.05%	0.05%
LKQ	F	0.02%	0.15%	0.02%
LLY	C	2.43%	0.26%	0.26%
LMT	C	0.79%	0.1%	0.1%
LNT	B	0.05%	0.09%	0.05%
LOW	B	0.12%	0.28%	0.12%
LRCX	F	0.34%	0.12%	0.12%
LULU	D	0.1%	0.25%	0.1%
LUV	C	0.01%	0.18%	0.01%
LVS	D	0.01%	0.06%	0.01%
LW	D	0.03%	0.16%	0.03%
LYB	D	0.05%	0.07%	0.05%
LYV	B	0.01%	0.09%	0.01%
MA	B	1.63%	0.05%	0.05%
MAA	B	0.01%	0.13%	0.01%
MAR	C	0.02%	0.11%	0.02%
MAS	B	0.01%	0.21%	0.01%
MCD	B	0.52%	0.57%	0.52%
MCHP	F	0.12%	0.11%	0.11%
MCK	F	0.53%	0.17%	0.17%
MCO	B	0.21%	0.05%	0.05%
MDLZ	B	0.26%	0.21%	0.21%
MDT	C	0.16%	0.07%	0.07%
MET	B	0.08%	0.22%	0.08%
META	B	2.24%	0.46%	0.46%
MGM	F	0.01%	0.06%	0.01%
MKC	C	0.01%	0.26%	0.01%
MKTX	C	0.03%	0.06%	0.03%
MLM	D	0.02%	0.15%	0.02%
MMC	C	0.72%	0.04%	0.04%
MMM	B	0.29%	0.22%	0.22%
MNST	D	0.12%	0.26%	0.12%
MO	C	0.06%	0.43%	0.06%
MOH	D	0.16%	0.3%	0.16%
MOS	F	0.03%	0.08%	0.03%
MPC	F	0.34%	0.46%	0.34%
MPWR	C	0.12%	0.24%	0.12%
MRK	D	0.56%	0.22%	0.22%
MRNA	F	0.02%	0.12%	0.02%
MRO	C	0.03%	0.07%	0.03%
MS	D	0.15%	0.26%	0.15%
MSCI	C	0.01%	0.05%	0.01%
MSFT	C	2.86%	0.32%	0.32%
MSI	B	0.58%	0.58%	0.58%
MTB	B	0.07%	0.07%	0.07%
MTCH	C	0.01%	0.48%	0.01%
MTD	D	0.01%	0.13%	0.01%
MU	F	0.07%	0.08%	0.07%
NDAQ	A	0.02%	0.05%	0.02%
NDSN	C	0.01%	0.03%	0.01%
NEE	C	0.11%	0.28%	0.11%
NEM	B	0.25%	0.32%	0.25%
NFLX	B	0.12%	0.22%	0.12%
NI	B	0.02%	0.4%	0.02%
NKE	D	0.3%	0.25%	0.25%
NOC	B	0.59%	0.1%	0.1%
NOW	B	0.24%	0.4%	0.24%
NRG	C	0.02%	0.3%	0.02%
NSC	C	0.05%	0.09%	0.05%
NTAP	D	0.16%	0.18%	0.16%
NTRS	A	0.03%	0.09%	0.03%
NUE	F	0.07%	0.22%	0.07%
NVDA	D	2.36%	0.11%	0.11%
NVR	B	0.11%	0.3%	0.11%
NWSA	D	0.01%	0.09%	0.01%
NXPI	F	0.03%	0.18%	0.03%
O	C	0.05%	0.08%	0.05%
ODFL	D	0.12%	0.09%	0.09%
OKE	B	0.05%	0.29%	0.05%
OMC	B	0.07%	0.37%	0.07%
ON	D	0.03%	0.21%	0.03%
ORCL	C	0.48%	0.4%	0.4%
ORLY	C	0.25%	0.17%	0.17%
OTIS	C	0.04%	0.07%	0.04%
OXY	F	0.1%	0.06%	0.06%
PANW	D	0.29%	0.18%	0.18%
PARA	F	0.03%	0.2%	0.03%
PAYC	D	0.03%	0.26%	0.03%
PAYX	C	0.16%	0.24%	0.16%
PCAR	D	0.05%	0.11%	0.05%
PCG	C	0.06%	0.08%	0.06%
PEG	B	0.04%	0.28%	0.04%
PEP	C	1.15%	0.2%	0.2%
PFE	C	0.39%	0.27%	0.27%
PFG	B	0.03%	0.21%	0.03%
PG	C	0.62%	0.44%	0.44%
PGR	B	0.66%	0.31%	0.31%
PH	B	0.03%	0.09%	0.03%
PHM	B	0.12%	0.3%	0.12%
PKG	B	0.08%	0.07%	0.07%
PLD	C	0.09%	0.08%	0.08%
PM	C	0.11%	0.45%	0.11%
PNC	B	0.15%	0.06%	0.06%
PNR	B	0.01%	0.22%	0.01%
PODD	B	0.0%	0.11%	0.0%
POOL	C	0.04%	0.13%	0.04%
PPG	D	0.03%	0.06%	0.03%
PPL	C	0.03%	0.09%	0.03%
PRU	C	0.08%	0.2%	0.08%
PSA	B	0.16%	0.14%	0.14%
PSX	F	0.14%	0.45%	0.14%
PTC	D	0.17%	0.16%	0.16%
PWR	B	0.02%	0.36%	0.02%
PYPL	B	0.06%	0.06%	0.06%
QCOM	D	0.58%	0.17%	0.17%
QRVO	F	0.01%	0.19%	0.01%
RCL	B	0.01%	0.09%	0.01%
REG	C	0.01%	0.08%	0.01%
REGN	C	0.4%	0.27%	0.27%
RF	B	0.05%	0.06%	0.05%
RJF	C	0.03%	0.25%	0.03%
RMD	C	0.1%	0.12%	0.1%
ROK	D	0.1%	0.03%	0.03%
ROL	C	0.17%	0.19%	0.17%
ROP	C	0.48%	0.03%	0.03%
ROST	C	0.03%	0.77%	0.03%
RSG	D	0.54%	0.2%	0.2%
RTX	C	0.19%	0.09%	0.09%
SBAC	C	0.01%	0.08%	0.01%
SBUX	C	0.06%	0.59%	0.06%
SCHW	D	0.06%	0.21%	0.06%
SHW	B	0.26%	0.08%	0.08%
SJM	C	0.02%	0.23%	0.02%
SLB	F	0.05%	0.31%	0.05%
SMCI	F	0.06%	0.1%	0.06%
SNA	C	0.05%	0.26%	0.05%
SNPS	D	0.26%	0.27%	0.26%
SO	B	0.56%	0.09%	0.09%
SOLV	C	0.06%	0.06%	0.06%
SPG	B	0.03%	0.07%	0.03%
SPGI	B	0.07%	0.05%	0.05%
SRE	C	0.06%	0.08%	0.06%
STE	C	0.01%	0.14%	0.01%
STLD	F	0.03%	0.22%	0.03%
STT	A	0.05%	0.13%	0.05%
STX	C	0.07%	0.19%	0.07%
STZ	D	0.02%	0.24%	0.02%
SW	B	0.02%	0.06%	0.02%
SWK	B	0.03%	0.3%	0.03%
SWKS	D	0.06%	0.2%	0.06%
SYF	C	0.05%	0.74%	0.05%
SYK	C	0.05%	0.13%	0.05%
SYY	D	0.05%	0.8%	0.05%
T	C	0.67%	0.41%	0.41%
TAP	D	0.02%	0.27%	0.02%
TDG	B	0.01%	0.07%	0.01%
TDY	B	0.2%	0.04%	0.04%
TECH	C	0.0%	0.14%	0.0%
TEL	D	0.17%	0.18%	0.17%
TER	D	0.06%	0.14%	0.06%
TFC	C	0.14%	0.06%	0.06%
TFX	C	0.01%	0.06%	0.01%
TGT	C	0.1%	0.18%	0.1%
TJX	B	0.57%	0.81%	0.57%
TMO	B	0.13%	0.15%	0.13%
TMUS	C	0.69%	0.38%	0.38%
TRGP	B	0.02%	0.31%	0.02%
TRMB	C	0.01%	0.03%	0.01%
TROW	D	0.08%	0.07%	0.07%
TRV	C	0.44%	0.16%	0.16%
TSCO	C	0.09%	0.12%	0.09%
TSLA	C	0.2%	0.31%	0.2%
TSN	C	0.29%	0.42%	0.29%
TT	B	0.24%	0.08%	0.08%
TTWO	C	0.01%	0.47%	0.01%
TXN	C	1.07%	0.22%	0.22%
TXT	D	0.02%	0.17%	0.02%
TYL	C	0.01%	0.4%	0.01%
UBER	C	0.18%	0.11%	0.11%
UDR	C	0.01%	0.13%	0.01%
UHS	B	0.02%	0.41%	0.02%
ULTA	D	0.08%	0.16%	0.08%
UNH	C	2.27%	0.31%	0.31%
UNP	C	0.09%	0.09%	0.09%
UPS	D	0.11%	0.08%	0.08%
URI	B	0.04%	0.14%	0.04%
USB	B	0.15%	0.06%	0.06%
V	C	1.8%	0.05%	0.05%
VICI	C	0.04%	0.08%	0.04%
VLO	F	0.14%	0.43%	0.14%
VLTO	C	0.09%	0.03%	0.03%
VMC	D	0.01%	0.15%	0.01%
VRSK	D	0.15%	0.04%	0.04%
VRSN	D	0.23%	0.26%	0.23%
VRTX	D	0.61%	0.25%	0.25%
VST	C	0.01%	0.3%	0.01%
VTR	C	0.02%	0.14%	0.02%
VTRS	D	0.05%	0.28%	0.05%
VZ	B	0.88%	0.37%	0.37%
WAB	B	0.02%	0.13%	0.02%
WAT	C	0.06%	0.15%	0.06%
WBA	F	0.07%	0.38%	0.07%
WBD	D	0.11%	0.23%	0.11%
WDC	D	0.02%	0.16%	0.02%
WEC	C	0.29%	0.09%	0.09%
WELL	C	0.03%	0.13%	0.03%
WFC	D	0.36%	0.11%	0.11%
WM	D	0.51%	0.19%	0.19%
WMB	B	0.12%	0.27%	0.12%
WMT	C	0.92%	0.88%	0.88%
WRB	C	0.12%	0.16%	0.12%
WST	D	0.06%	0.04%	0.04%
WTW	C	0.15%	0.04%	0.04%
WY	C	0.03%	0.18%	0.03%
WYNN	D	0.0%	0.06%	0.0%
XEL	B	0.19%	0.09%	0.09%
XOM	C	0.77%	0.76%	0.76%
XYL	C	0.02%	0.18%	0.02%
YUM	D	0.19%	0.48%	0.19%
ZBH	F	0.02%	0.12%	0.02%
ZBRA	B	0.01%	0.14%	0.01%
ZTS	C	0.27%	0.28%	0.27%

QUS Overweight 100 Positions Relative to SSPY

Symbol	Grade	Weight
WCN	D	0.55%
FCNCA	D	0.29%
ERIE	B	0.22%
BAH	C	0.21%
AFG	B	0.15%
WDAY	D	0.15%
MKL	C	0.14%
NBIX	F	0.12%
BMRN	F	0.11%
UTHR	C	0.1%
VEEV	C	0.09%
MELI	B	0.08%
ALNY	C	0.08%
MANH	B	0.07%
HUBS	D	0.06%
EME	B	0.06%
TW	B	0.06%
WSM	D	0.06%
LNG	C	0.05%
LPLA	D	0.05%
WSO	C	0.05%
TPL	B	0.05%
DELL	D	0.05%
KNX	C	0.04%
GGG	C	0.04%
SEIC	C	0.03%
DINO	F	0.03%
CHK	D	0.03%
OVV	F	0.03%
TTC	D	0.03%
ACI	F	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%
CRBG	D	0.02%
APO	C	0.02%
FNF	B	0.02%
SQ	D	0.02%
RS	D	0.02%
ALLY	F	0.02%
CNH	D	0.02%
VRT	C	0.01%
Z	B	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%
AMH	C	0.01%
WLK	D	0.01%
UHAL	A	0.01%
RPRX	C	0.01%
CSL	B	0.01%
RPM	B	0.01%
WTRG	D	0.01%
GLPI	C	0.01%
TRU	B	0.01%
CG	D	0.01%
ZM	C	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 SSPY

Symbol	Grade	Weight
BWA	D	-0.36%
RL	C	-0.3%
TPR	C	-0.3%
HAS	B	-0.28%
GL	C	-0.27%
MHK	C	-0.25%
UAL	C	-0.19%
AAL	D	-0.18%
ETSY	F	-0.13%
NWS	D	-0.1%
NCLH	C	-0.1%
PNW	C	-0.09%
IVZ	B	-0.09%
FMC	C	-0.09%
FRT	C	-0.08%
GNRC	D	-0.08%
CZR	C	-0.07%