QUS vs. VOO ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Vanguard S&P 500 ETF (VOO)

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

$162.92

Average Daily Volume

15,682

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

VOO

Vanguard S&P 500 ETF

VOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$549.23

Average Daily Volume

5,109,118

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	QUS	VOO
30 Days	3.32%	3.19%
60 Days	3.72%	4.40%
90 Days	4.98%	6.75%
12 Months	29.93%	33.13%

484 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in VOO	Overlap
	A	D	0.11%	0.08%	0.08%
	AAPL	B	3.24%	7.11%	3.24%
	ABBV	D	0.49%	0.75%	0.49%
	ABNB	C	0.02%	0.12%	0.02%
	ABT	B	0.16%	0.41%	0.16%
	ACGL	D	0.38%	0.08%	0.08%
	ACN	B	1.18%	0.45%	0.45%
	ADBE	C	0.71%	0.44%	0.44%
	ADI	D	0.14%	0.23%	0.14%
	ADM	F	0.08%	0.05%	0.05%
	ADP	B	0.54%	0.24%	0.24%
	ADSK	B	0.16%	0.13%	0.13%
	AEE	A	0.11%	0.05%	0.05%
	AEP	D	0.19%	0.11%	0.11%
	AES	F	0.01%	0.02%	0.01%
	AFL	B	0.22%	0.11%	0.11%
	AIG	B	0.12%	0.1%	0.1%
	AIZ	B	0.12%	0.02%	0.02%
	AJG	A	0.46%	0.13%	0.13%
	AKAM	F	0.14%	0.03%	0.03%
	ALB	C	0.02%	0.02%	0.02%
	ALGN	D	0.01%	0.03%	0.01%
	ALL	B	0.06%	0.1%	0.06%
	ALLE	D	0.04%	0.03%	0.03%
	AMAT	F	0.48%	0.31%	0.31%
	AMCR	D	0.02%	0.03%	0.02%
	AMD	F	0.06%	0.48%	0.06%
	AME	A	0.02%	0.09%	0.02%
	AMGN	D	0.27%	0.36%	0.27%
	AMP	B	0.04%	0.1%	0.04%
	AMT	D	0.04%	0.21%	0.04%
	AMZN	C	0.69%	3.61%	0.69%
	ANET	C	0.39%	0.21%	0.21%
	ANSS	B	0.01%	0.06%	0.01%
	AON	A	0.21%	0.17%	0.17%
	AOS	D	0.03%	0.02%	0.02%
	APA	F	0.05%	0.02%	0.02%
	APD	A	0.05%	0.14%	0.05%
	APH	B	0.71%	0.17%	0.17%
	APTV	F	0.02%	0.03%	0.02%
	ARE	D	0.02%	0.04%	0.02%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.02%	0.07%	0.02%
	AVGO	D	0.58%	1.64%	0.58%
	AVY	D	0.01%	0.03%	0.01%
	AWK	D	0.02%	0.06%	0.02%
	AXON	B	0.0%	0.06%	0.0%
	AXP	A	0.11%	0.31%	0.11%
	AZO	C	0.36%	0.11%	0.11%
	BA	D	0.02%	0.23%	0.02%
	BAC	A	0.69%	0.58%	0.58%
	BALL	D	0.02%	0.04%	0.02%
	BAX	F	0.02%	0.04%	0.02%
	BBY	D	0.09%	0.04%	0.04%
	BDX	F	0.24%	0.14%	0.14%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.05%	0.02%	0.02%
	BIIB	F	0.02%	0.05%	0.02%
	BK	A	0.09%	0.12%	0.09%
	BKNG	B	0.04%	0.32%	0.04%
	BKR	C	0.04%	0.08%	0.04%
	BLDR	C	0.08%	0.04%	0.04%
	BLK	C	0.46%	0.28%	0.28%
	BMY	B	0.34%	0.23%	0.23%
	BR	A	0.03%	0.05%	0.03%
	BRK.A	B	1.1%	1.71%	1.1%
	BRO	B	0.01%	0.05%	0.01%
	BSX	C	0.04%	0.26%	0.04%
	BX	B	0.05%	0.25%	0.05%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.45%	0.25%	0.25%
	CAG	D	0.02%	0.03%	0.02%
	CAH	B	0.12%	0.05%	0.05%
	CARR	C	0.04%	0.13%	0.04%
	CAT	B	0.63%	0.38%	0.38%
	CB	D	0.65%	0.22%	0.22%
	CBOE	B	0.29%	0.05%	0.05%
	CBRE	B	0.05%	0.08%	0.05%
	CCI	D	0.03%	0.1%	0.03%
	CCL	B	0.01%	0.05%	0.01%
	CDNS	B	0.29%	0.16%	0.16%
	CDW	F	0.19%	0.05%	0.05%
	CE	F	0.01%	0.03%	0.01%
	CEG	D	0.03%	0.17%	0.03%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.07%	0.04%	0.04%
	CHD	B	0.14%	0.05%	0.05%
	CHRW	C	0.02%	0.03%	0.02%
	CHTR	C	0.09%	0.07%	0.07%
	CI	D	0.24%	0.18%	0.18%
	CINF	A	0.03%	0.05%	0.03%
	CL	D	0.17%	0.16%	0.16%
	CLX	C	0.01%	0.04%	0.01%
	CMCSA	C	0.42%	0.35%	0.35%
	CME	A	0.23%	0.17%	0.17%
	CMG	B	0.22%	0.16%	0.16%
	CMI	A	0.17%	0.09%	0.09%
	CMS	C	0.09%	0.04%	0.04%
	CNC	F	0.08%	0.07%	0.07%
	CNP	A	0.02%	0.04%	0.02%
	COF	B	0.17%	0.13%	0.13%
	COP	D	0.17%	0.26%	0.17%
	COR	C	0.35%	0.08%	0.08%
	COST	B	1.31%	0.8%	0.8%
	CPAY	A	0.02%	0.05%	0.02%
	CPB	D	0.12%	0.02%	0.02%
	CPRT	A	0.14%	0.09%	0.09%
	CPT	B	0.01%	0.03%	0.01%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.12%	0.58%	0.12%
	CRWD	B	0.06%	0.14%	0.06%
	CSCO	A	1.34%	0.46%	0.46%
	CSGP	C	0.01%	0.06%	0.01%
	CSX	B	0.05%	0.14%	0.05%
	CTAS	B	0.23%	0.15%	0.15%
	CTLT	B	0.01%	0.02%	0.01%
	CTRA	B	0.03%	0.04%	0.03%
	CTSH	B	0.39%	0.08%	0.08%
	CTVA	B	0.16%	0.09%	0.09%
	CVS	D	0.29%	0.15%	0.15%
	CVX	B	0.55%	0.52%	0.52%
	D	C	0.14%	0.1%	0.1%
	DAL	B	0.01%	0.08%	0.01%
	DAY	A	0.0%	0.02%	0.0%
	DD	D	0.04%	0.07%	0.04%
	DE	B	0.1%	0.21%	0.1%
	DECK	A	0.09%	0.05%	0.05%
	DELL	C	0.06%	0.07%	0.06%
	DFS	B	0.07%	0.08%	0.07%
	DG	F	0.02%	0.04%	0.02%
	DGX	B	0.06%	0.04%	0.04%
	DHI	D	0.19%	0.1%	0.1%
	DHR	D	0.09%	0.33%	0.09%
	DIS	B	0.17%	0.36%	0.17%
	DLR	A	0.04%	0.11%	0.04%
	DLTR	D	0.02%	0.03%	0.02%
	DOC	C	0.01%	0.03%	0.01%
	DOV	A	0.02%	0.05%	0.02%
	DOW	F	0.06%	0.07%	0.06%
	DPZ	C	0.07%	0.03%	0.03%
	DRI	B	0.02%	0.04%	0.02%
	DTE	C	0.1%	0.05%	0.05%
	DUK	C	0.6%	0.18%	0.18%
	DVA	B	0.01%	0.01%	0.01%
	DVN	F	0.04%	0.05%	0.04%
	DXCM	C	0.0%	0.06%	0.0%
	EA	C	0.31%	0.08%	0.08%
	EBAY	C	0.02%	0.06%	0.02%
	ECL	D	0.02%	0.13%	0.02%
	ED	D	0.42%	0.07%	0.07%
	EFX	D	0.01%	0.07%	0.01%
	EG	C	0.18%	0.03%	0.03%
	EIX	A	0.04%	0.07%	0.04%
	EL	F	0.01%	0.03%	0.01%
	ELV	F	0.29%	0.19%	0.19%
	EMN	D	0.02%	0.03%	0.02%
	EMR	A	0.05%	0.13%	0.05%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	C	0.15%	0.14%	0.14%
	EPAM	C	0.04%	0.02%	0.02%
	EQIX	A	0.02%	0.18%	0.02%
	EQR	B	0.02%	0.05%	0.02%
	EQT	B	0.03%	0.04%	0.03%
	ERIE	D	0.17%	0.02%	0.02%
	ES	D	0.03%	0.05%	0.03%
	ESS	B	0.01%	0.04%	0.01%
	ETN	A	0.05%	0.27%	0.05%
	ETR	B	0.05%	0.07%	0.05%
	EVRG	A	0.02%	0.03%	0.02%
	EW	C	0.12%	0.08%	0.08%
	EXC	D	0.06%	0.08%	0.06%
	EXPD	C	0.06%	0.03%	0.03%
	EXPE	B	0.02%	0.04%	0.02%
	EXR	C	0.02%	0.07%	0.02%
	F	C	0.16%	0.08%	0.08%
	FANG	F	0.22%	0.07%	0.07%
	FAST	B	0.15%	0.09%	0.09%
	FCX	F	0.04%	0.13%	0.04%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.12%	0.13%	0.12%
	FE	D	0.02%	0.04%	0.02%
	FFIV	A	0.23%	0.03%	0.03%
	FI	A	0.31%	0.24%	0.24%
	FICO	B	0.2%	0.1%	0.1%
	FIS	D	0.03%	0.1%	0.03%
	FITB	B	0.06%	0.06%	0.06%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	C	0.02%	0.02%	0.02%
	FSLR	F	0.03%	0.04%	0.03%
	FTNT	C	0.01%	0.1%	0.01%
	FTV	B	0.02%	0.05%	0.02%
	GD	F	0.07%	0.16%	0.07%
	GDDY	B	0.34%	0.05%	0.05%
	GE	D	0.11%	0.39%	0.11%
	GEHC	F	0.03%	0.08%	0.03%
	GEN	A	0.13%	0.03%	0.03%
	GEV	C	0.05%	0.17%	0.05%
	GILD	B	0.43%	0.23%	0.23%
	GIS	D	0.25%	0.08%	0.08%
	GLW	B	0.14%	0.08%	0.08%
	GM	B	0.32%	0.12%	0.12%
	GOOG	C	1.12%	1.72%	1.12%
	GOOGL	C	1.2%	2.08%	1.2%
	GPC	D	0.02%	0.03%	0.02%
	GPN	C	0.04%	0.04%	0.04%
	GRMN	A	0.2%	0.06%	0.06%
	GS	B	0.3%	0.33%	0.3%
	GWW	A	0.2%	0.1%	0.1%
	HAL	C	0.03%	0.05%	0.03%
	HBAN	B	0.06%	0.05%	0.05%
	HCA	F	0.06%	0.14%	0.06%
	HD	A	0.35%	0.81%	0.35%
	HES	C	0.02%	0.08%	0.02%
	HIG	B	0.09%	0.07%	0.07%
	HII	F	0.01%	0.02%	0.01%
	HLT	A	0.01%	0.12%	0.01%
	HOLX	D	0.07%	0.04%	0.04%
	HON	B	0.53%	0.28%	0.28%
	HPE	B	0.06%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.08%	0.02%	0.02%
	HSIC	B	0.01%	0.02%	0.01%
	HST	C	0.01%	0.03%	0.01%
	HSY	F	0.18%	0.05%	0.05%
	HUBB	B	0.07%	0.05%	0.05%
	HUM	C	0.2%	0.06%	0.06%
	HWM	B	0.01%	0.08%	0.01%
	IBM	C	0.67%	0.39%	0.39%
	ICE	D	0.14%	0.19%	0.14%
	IDXX	F	0.12%	0.07%	0.07%
	IEX	B	0.05%	0.03%	0.03%
	IFF	D	0.02%	0.05%	0.02%
	INCY	C	0.2%	0.02%	0.02%
	INTC	C	0.18%	0.19%	0.18%
	INTU	C	0.04%	0.35%	0.04%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.04%	0.04%	0.04%
	IPG	C	0.01%	0.02%	0.01%
	IQV	F	0.02%	0.07%	0.02%
	IR	A	0.02%	0.08%	0.02%
	IRM	C	0.01%	0.08%	0.01%
	ISRG	C	0.04%	0.37%	0.04%
	IT	C	0.13%	0.08%	0.08%
	ITW	A	0.27%	0.15%	0.15%
	J	F	0.02%	0.04%	0.02%
	JBHT	C	0.05%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	C	0.05%	0.1%	0.05%
	JKHY	D	0.04%	0.03%	0.03%
	JNJ	D	1.64%	0.8%	0.8%
	JNPR	F	0.17%	0.03%	0.03%
	JPM	B	1.06%	1.31%	1.06%
	K	A	0.29%	0.04%	0.04%
	KDP	D	0.23%	0.08%	0.08%
	KEY	A	0.04%	0.03%	0.03%
	KEYS	B	0.26%	0.05%	0.05%
	KHC	D	0.18%	0.06%	0.06%
	KIM	A	0.02%	0.03%	0.02%
	KKR	B	0.04%	0.19%	0.04%
	KLAC	F	0.29%	0.19%	0.19%
	KMB	C	0.1%	0.09%	0.09%
	KMI	B	0.07%	0.1%	0.07%
	KMX	B	0.03%	0.02%	0.02%
	KO	D	0.81%	0.52%	0.52%
	KR	A	0.31%	0.07%	0.07%
	KVUE	A	0.04%	0.09%	0.04%
	L	B	0.12%	0.03%	0.03%
	LDOS	D	0.02%	0.05%	0.02%
	LEN	C	0.06%	0.09%	0.06%
	LH	B	0.03%	0.04%	0.03%
	LHX	C	0.04%	0.1%	0.04%
	LIN	D	0.15%	0.45%	0.15%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.92%	1.36%	1.36%
	LMT	D	0.72%	0.24%	0.24%
	LNT	A	0.05%	0.03%	0.03%
	LOW	C	0.13%	0.31%	0.13%
	LRCX	F	0.3%	0.2%	0.2%
	LULU	C	0.12%	0.07%	0.07%
	LUV	B	0.01%	0.04%	0.01%
	LVS	C	0.01%	0.04%	0.01%
	LW	C	0.03%	0.02%	0.02%
	LYB	F	0.04%	0.05%	0.04%
	LYV	A	0.01%	0.04%	0.01%
	MA	B	1.69%	0.85%	0.85%
	MAA	B	0.01%	0.04%	0.01%
	MAR	A	0.02%	0.13%	0.02%
	MAS	C	0.01%	0.04%	0.01%
	MCD	D	0.5%	0.43%	0.43%
	MCHP	F	0.1%	0.08%	0.08%
	MCK	C	0.61%	0.13%	0.13%
	MCO	A	0.21%	0.15%	0.15%
	MDLZ	F	0.22%	0.19%	0.19%
	MDT	D	0.15%	0.24%	0.15%
	MET	A	0.09%	0.1%	0.09%
	META	D	2.32%	2.57%	2.32%
	MGM	F	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKTX	D	0.03%	0.02%	0.02%
	MLM	B	0.02%	0.07%	0.02%
	MMC	A	0.69%	0.22%	0.22%
	MMM	D	0.28%	0.15%	0.15%
	MNST	B	0.12%	0.08%	0.08%
	MO	A	0.07%	0.19%	0.07%
	MOH	F	0.13%	0.04%	0.04%
	MOS	F	0.03%	0.02%	0.02%
	MPC	F	0.32%	0.1%	0.1%
	MPWR	F	0.07%	0.08%	0.07%
	MRK	F	0.46%	0.54%	0.46%
	MRNA	F	0.01%	0.04%	0.01%
	MRO	B	0.04%	0.03%	0.03%
	MS	B	0.21%	0.3%	0.21%
	MSCI	C	0.01%	0.09%	0.01%
	MSFT	D	2.7%	6.26%	2.7%
	MSI	C	0.63%	0.16%	0.16%
	MTB	B	0.08%	0.07%	0.07%
	MTCH	F	0.01%	0.02%	0.01%
	MTD	F	0.01%	0.06%	0.01%
	MU	D	0.07%	0.23%	0.07%
	NDAQ	A	0.02%	0.06%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.1%	0.34%	0.1%
	NEM	F	0.18%	0.11%	0.11%
	NFLX	B	0.14%	0.67%	0.14%
	NI	A	0.02%	0.03%	0.02%
	NKE	F	0.28%	0.19%	0.19%
	NOC	D	0.55%	0.14%	0.14%
	NOW	B	0.27%	0.4%	0.27%
	NRG	C	0.03%	0.04%	0.03%
	NSC	A	0.05%	0.12%	0.05%
	NTAP	C	0.16%	0.05%	0.05%
	NTRS	A	0.03%	0.04%	0.03%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	C	2.76%	6.76%	2.76%
	NVR	D	0.11%	0.06%	0.06%
	NWSA	B	0.01%	0.02%	0.01%
	NXPI	D	0.03%	0.12%	0.03%
	O	D	0.04%	0.11%	0.04%
	ODFL	B	0.13%	0.08%	0.08%
	OKE	C	0.05%	0.12%	0.05%
	OMC	C	0.07%	0.04%	0.04%
	ON	C	0.02%	0.06%	0.02%
	ORCL	C	0.53%	0.56%	0.53%
	ORLY	B	0.26%	0.14%	0.14%
	OTIS	C	0.04%	0.08%	0.04%
	OXY	F	0.1%	0.07%	0.07%
	PANW	C	0.32%	0.24%	0.24%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	A	0.03%	0.02%	0.02%
	PAYX	B	0.16%	0.09%	0.09%
	PCAR	B	0.06%	0.11%	0.06%
	PCG	B	0.06%	0.09%	0.06%
	PEG	A	0.04%	0.09%	0.04%
	PEP	F	1.01%	0.47%	0.47%
	PFE	D	0.33%	0.33%	0.33%
	PFG	C	0.03%	0.04%	0.03%
	PG	A	0.59%	0.81%	0.59%
	PGR	A	0.65%	0.29%	0.29%
	PH	A	0.04%	0.17%	0.04%
	PHM	C	0.11%	0.06%	0.06%
	PKG	B	0.09%	0.04%	0.04%
	PLD	D	0.08%	0.22%	0.08%
	PLTR	B	0.01%	0.17%	0.01%
	PM	B	0.11%	0.43%	0.11%
	PNC	A	0.17%	0.16%	0.16%
	PNR	B	0.01%	0.03%	0.01%
	PODD	B	0.0%	0.03%	0.0%
	POOL	C	0.04%	0.03%	0.03%
	PPG	D	0.02%	0.06%	0.02%
	PPL	B	0.03%	0.05%	0.03%
	PRU	A	0.08%	0.09%	0.08%
	PSA	C	0.14%	0.11%	0.11%
	PSX	C	0.14%	0.11%	0.11%
	PTC	A	0.18%	0.05%	0.05%
	PWR	A	0.02%	0.09%	0.02%
	PYPL	A	0.08%	0.17%	0.08%
	QCOM	F	0.55%	0.38%	0.38%
	QRVO	F	0.01%	0.01%	0.01%
	RCL	B	0.01%	0.1%	0.01%
	REG	B	0.01%	0.02%	0.01%
	REGN	F	0.25%	0.18%	0.18%
	RF	B	0.06%	0.05%	0.05%
	RJF	A	0.03%	0.06%	0.03%
	RMD	C	0.09%	0.07%	0.07%
	ROK	B	0.1%	0.06%	0.06%
	ROL	B	0.17%	0.03%	0.03%
	ROP	B	0.46%	0.12%	0.12%
	ROST	C	0.03%	0.1%	0.03%
	RSG	A	0.54%	0.08%	0.08%
	RTX	D	0.18%	0.33%	0.18%
	RVTY	D	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.05%	0.01%
	SBUX	B	0.06%	0.23%	0.06%
	SCHW	A	0.07%	0.22%	0.07%
	SHW	A	0.26%	0.17%	0.17%
	SJM	D	0.02%	0.03%	0.02%
	SLB	C	0.05%	0.12%	0.05%
	SMCI	D	0.03%	0.03%	0.03%
	SNA	A	0.06%	0.04%	0.04%
	SNPS	B	0.28%	0.16%	0.16%
	SO	D	0.54%	0.21%	0.21%
	SOLV	C	0.06%	0.02%	0.02%
	SPG	C	0.03%	0.11%	0.03%
	SPGI	C	0.07%	0.32%	0.07%
	SRE	A	0.06%	0.11%	0.06%
	STE	F	0.01%	0.05%	0.01%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.06%	0.06%	0.06%
	STX	D	0.07%	0.04%	0.04%
	STZ	D	0.02%	0.08%	0.02%
	SW	B	0.03%	0.05%	0.03%
	SWK	D	0.02%	0.03%	0.02%
	SWKS	F	0.05%	0.03%	0.03%
	SYF	A	0.06%	0.05%	0.05%
	SYK	C	0.05%	0.25%	0.05%
	SYY	C	0.05%	0.08%	0.05%
	T	A	0.69%	0.33%	0.33%
	TAP	C	0.02%	0.02%	0.02%
	TDG	D	0.01%	0.15%	0.01%
	TDY	B	0.21%	0.04%	0.04%
	TECH	C	0.0%	0.02%	0.0%
	TER	F	0.04%	0.04%	0.04%
	TFC	B	0.16%	0.12%	0.12%
	TFX	F	0.01%	0.02%	0.01%
	TGT	F	0.1%	0.14%	0.1%
	TJX	A	0.56%	0.26%	0.26%
	TMO	F	0.1%	0.43%	0.1%
	TMUS	A	0.78%	0.23%	0.23%
	TRGP	B	0.03%	0.08%	0.03%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	A	0.09%	0.05%	0.05%
	TRV	B	0.47%	0.12%	0.12%
	TSCO	C	0.09%	0.06%	0.06%
	TSLA	B	0.28%	1.44%	0.28%
	TSN	B	0.3%	0.03%	0.03%
	TT	B	0.26%	0.17%	0.17%
	TTWO	B	0.01%	0.05%	0.01%
	TXN	D	1.06%	0.38%	0.38%
	TXT	D	0.02%	0.03%	0.02%
	TYL	A	0.01%	0.05%	0.01%
	UBER	D	0.18%	0.31%	0.18%
	UDR	B	0.01%	0.03%	0.01%
	UHS	D	0.02%	0.03%	0.02%
	ULTA	F	0.08%	0.04%	0.04%
	UNH	B	2.21%	1.08%	1.08%
	UNP	C	0.08%	0.29%	0.08%
	UPS	C	0.11%	0.2%	0.11%
	URI	B	0.04%	0.11%	0.04%
	USB	A	0.16%	0.16%	0.16%
	V	A	1.91%	1.0%	1.0%
	VICI	C	0.04%	0.06%	0.04%
	VLO	C	0.15%	0.09%	0.09%
	VLTO	C	0.08%	0.05%	0.05%
	VMC	B	0.02%	0.07%	0.02%
	VRSK	A	0.15%	0.08%	0.08%
	VRSN	F	0.22%	0.03%	0.03%
	VRTX	D	0.57%	0.25%	0.25%
	VST	B	0.02%	0.09%	0.02%
	VTR	D	0.02%	0.06%	0.02%
	VTRS	B	0.05%	0.03%	0.03%
	VZ	B	0.81%	0.37%	0.37%
	WAB	B	0.02%	0.07%	0.02%
	WAT	B	0.07%	0.04%	0.04%
	WBA	D	0.06%	0.01%	0.01%
	WBD	C	0.11%	0.04%	0.04%
	WDC	C	0.02%	0.04%	0.02%
	WEC	A	0.29%	0.06%	0.06%
	WELL	C	0.04%	0.16%	0.04%
	WFC	A	0.5%	0.46%	0.46%
	WM	A	0.52%	0.16%	0.16%
	WMB	B	0.15%	0.13%	0.13%
	WMT	B	0.94%	0.74%	0.74%
	WRB	A	0.12%	0.04%	0.04%
	WST	C	0.06%	0.05%	0.05%
	WTW	B	0.16%	0.06%	0.06%
	WY	D	0.03%	0.05%	0.03%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	A	0.2%	0.08%	0.08%
	XOM	C	0.81%	1.07%	0.81%
	XYL	D	0.01%	0.06%	0.01%
	YUM	B	0.19%	0.08%	0.08%
	ZBH	C	0.02%	0.05%	0.02%
	ZBRA	A	0.01%	0.04%	0.01%
	ZTS	D	0.25%	0.17%	0.17%

QUS Overweight 99 Positions Relative to VOO

	Symbol	Grade	Weight
	WCN	A	0.53%
	FCNCA	B	0.34%
	BAH	F	0.2%
	MKL	A	0.15%
	AFG	A	0.15%
	WDAY	C	0.15%
	NBIX	C	0.11%
	UTHR	C	0.1%
	TPL	B	0.09%
	EME	B	0.08%
	BMRN	F	0.08%
	HUBS	B	0.08%
	VEEV	B	0.08%
	MANH	C	0.07%
	TW	B	0.07%
	MELI	C	0.07%
	ALNY	D	0.07%
	LPLA	B	0.07%
	WSO	A	0.06%
	WSM	B	0.06%
	GGG	B	0.05%
	LNG	B	0.05%
	KNX	B	0.04%
	CNH	A	0.03%
	ALLY	C	0.03%
	RS	B	0.03%
	TTC	D	0.03%
	ACI	C	0.03%
	APO	A	0.03%
	SQ	B	0.03%
	SEIC	A	0.03%
	OVV	C	0.03%
	APP	B	0.02%
	SSNC	A	0.02%
	CCK	D	0.02%
	EQH	B	0.02%
	MRVL	B	0.02%
	OC	B	0.02%
	FNF	B	0.02%
	CRBG	B	0.02%
	DINO	F	0.02%
	TTD	B	0.01%
	HOOD	B	0.01%
	ENTG	D	0.01%
	RIVN	D	0.01%
	BIO	D	0.01%
	BBWI	C	0.01%
	Z	B	0.01%
	LII	A	0.01%
	VRT	B	0.01%
	ILMN	C	0.01%
	ARES	B	0.01%
	UHAL	D	0.01%
	AMH	C	0.01%
	WLK	D	0.01%
	RPRX	D	0.01%
	DASH	A	0.01%
	GLPI	B	0.01%
	WTRG	B	0.01%
	FBIN	D	0.01%
	TRU	D	0.01%
	CSL	B	0.01%
	AVTR	F	0.01%
	RPM	A	0.01%
	SUI	D	0.01%
	WPC	D	0.01%
	TWLO	B	0.01%
	BURL	B	0.01%
	ACM	A	0.01%
	COIN	B	0.01%
	CHRD	F	0.01%
	DKS	C	0.01%
	CG	B	0.01%
	ZM	B	0.01%
	CELH	F	0.0%
	IOT	B	0.0%
	ZS	C	0.0%
	TEAM	B	0.0%
	NET	B	0.0%
	RBLX	C	0.0%
	MDB	C	0.0%
	TOST	B	0.0%
	DKNG	C	0.0%
	BSY	D	0.0%
	PSTG	D	0.0%
	DDOG	A	0.0%
	SNAP	C	0.0%
	H	A	0.0%
	DT	C	0.0%
	DOCU	A	0.0%
	EXAS	F	0.0%
	HEI	B	0.0%
	ROKU	D	0.0%
	SNOW	C	0.0%
	PINS	F	0.0%
	MSTR	C	0.0%
	ELS	C	0.0%
	HEI	B	0.0%
	OKTA	C	0.0%

QUS Underweight 15 Positions Relative to VOO

	Symbol	Grade	Weight
	UAL	B	-0.05%
	BWA	C	-0.02%
	IVZ	B	-0.02%
	RL	B	-0.02%
	FMC	D	-0.02%
	FRT	A	-0.02%
	HAS	D	-0.02%
	CZR	D	-0.02%
	GL	C	-0.02%
	GNRC	B	-0.02%
	PNW	B	-0.02%
	TPR	A	-0.02%
	NCLH	B	-0.02%
	NWS	B	-0.01%
	MHK	D	-0.01%

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors 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

VOO: Top Represented Industries & Keywords

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

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