QUS vs. ZZZ ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)

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

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$27.26

Average Daily Volume

472

Number of Holdings ^*

479

* may have additional holdings in another (foreign) market

Performance

Period	QUS	ZZZ
30 Days	0.81%	8.82%
60 Days	3.38%	11.37%
90 Days	5.17%	12.29%
12 Months	29.60%

457 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in ZZZ	Overlap
	A	F	0.11%	0.05%	0.05%
	AAPL	C	3.19%	3.62%	3.19%
	ABBV	F	0.58%	0.33%	0.33%
	ABNB	C	0.02%	0.06%	0.02%
	ABT	C	0.15%	0.22%	0.15%
	ACGL	C	0.37%	0.05%	0.05%
	ACN	B	1.16%	0.24%	0.24%
	ADBE	C	0.69%	0.24%	0.24%
	ADI	D	0.15%	0.12%	0.12%
	ADM	F	0.08%	0.03%	0.03%
	ADP	A	0.54%	0.14%	0.14%
	ADSK	B	0.16%	0.07%	0.07%
	AEE	B	0.11%	0.03%	0.03%
	AEP	D	0.18%	0.05%	0.05%
	AES	F	0.01%	0.01%	0.01%
	AFL	C	0.21%	0.06%	0.06%
	AIG	B	0.12%	0.06%	0.06%
	AIZ	A	0.12%	0.02%	0.02%
	AJG	A	0.45%	0.07%	0.07%
	AKAM	F	0.14%	0.01%	0.01%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.01%	0.02%	0.01%
	ALL	B	0.06%	0.07%	0.06%
	ALLE	D	0.04%	0.02%	0.02%
	AMAT	F	0.53%	0.17%	0.17%
	AMCR	D	0.02%	0.02%	0.02%
	AMD	F	0.07%	0.26%	0.07%
	AME	A	0.02%	0.04%	0.02%
	AMGN	F	0.31%	0.17%	0.17%
	AMP	A	0.04%	0.06%	0.04%
	AMT	F	0.04%	0.11%	0.04%
	AMZN	A	0.69%	2.12%	0.69%
	ANET	C	0.41%	0.09%	0.09%
	ANSS	B	0.01%	0.04%	0.01%
	AON	B	0.21%	0.09%	0.09%
	AOS	F	0.03%	0.01%	0.01%
	APA	F	0.04%	0.01%	0.01%
	APD	B	0.04%	0.07%	0.04%
	APH	B	0.73%	0.1%	0.1%
	APTV	F	0.02%	0.02%	0.02%
	ARE	F	0.02%	0.02%	0.02%
	ATO	B	0.04%	0.02%	0.02%
	AVB	B	0.02%	0.03%	0.02%
	AVGO	C	0.63%	0.81%	0.63%
	AVY	F	0.01%	0.02%	0.01%
	AWK	D	0.02%	0.03%	0.02%
	AXON	B	0.0%	0.07%	0.0%
	AXP	B	0.1%	0.2%	0.1%
	BA	F	0.02%	0.1%	0.02%
	BAC	A	0.66%	0.35%	0.35%
	BALL	D	0.02%	0.02%	0.02%
	BAX	F	0.02%	0.02%	0.02%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	C	0.09%	0.02%	0.02%
	BDX	F	0.24%	0.08%	0.08%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.04%	0.01%	0.01%
	BIIB	F	0.02%	0.02%	0.02%
	BK	B	0.09%	0.07%	0.07%
	BKR	B	0.04%	0.05%	0.04%
	BLDR	C	0.08%	0.02%	0.02%
	BMY	B	0.32%	0.13%	0.13%
	BR	A	0.03%	0.03%	0.03%
	BRK.A	B	1.06%	0.94%	0.94%
	BRO	B	0.01%	0.03%	0.01%
	BSX	A	0.04%	0.14%	0.04%
	BX	A	0.04%	0.14%	0.04%
	BXP	D	0.02%	0.01%	0.01%
	C	B	0.44%	0.15%	0.15%
	CAG	F	0.02%	0.02%	0.02%
	CAH	B	0.12%	0.03%	0.03%
	CARR	C	0.04%	0.07%	0.04%
	CAT	B	0.63%	0.22%	0.22%
	CB	C	0.62%	0.13%	0.13%
	CBOE	D	0.28%	0.02%	0.02%
	CBRE	B	0.05%	0.05%	0.05%
	CCI	F	0.03%	0.05%	0.03%
	CCL	B	0.01%	0.03%	0.01%
	CDNS	B	0.29%	0.1%	0.1%
	CDW	F	0.21%	0.02%	0.02%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.03%	0.08%	0.03%
	CF	B	0.03%	0.02%	0.02%
	CFG	B	0.06%	0.03%	0.03%
	CHD	A	0.14%	0.02%	0.02%
	CHRW	A	0.02%	0.01%	0.01%
	CHTR	B	0.09%	0.04%	0.04%
	CI	D	0.23%	0.11%	0.11%
	CINF	A	0.03%	0.03%	0.03%
	CL	F	0.16%	0.08%	0.08%
	CLX	A	0.01%	0.02%	0.01%
	CMCSA	B	0.42%	0.2%	0.2%
	CME	B	0.22%	0.1%	0.1%
	CMI	A	0.16%	0.04%	0.04%
	CMS	D	0.08%	0.02%	0.02%
	CNC	F	0.09%	0.03%	0.03%
	CNP	B	0.02%	0.02%	0.02%
	COF	B	0.16%	0.08%	0.08%
	COP	C	0.16%	0.15%	0.15%
	COR	B	0.36%	0.06%	0.06%
	COST	B	1.33%	0.42%	0.42%
	CPAY	A	0.02%	0.04%	0.02%
	CPB	F	0.12%	0.01%	0.01%
	CPRT	A	0.14%	0.06%	0.06%
	CPT	C	0.01%	0.01%	0.01%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.11%	0.38%	0.11%
	CSCO	A	1.32%	0.26%	0.26%
	CSGP	F	0.01%	0.03%	0.01%
	CSX	B	0.05%	0.08%	0.05%
	CTAS	B	0.24%	0.1%	0.1%
	CTLT	D	0.01%	0.01%	0.01%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	A	0.4%	0.05%	0.05%
	CTVA	C	0.17%	0.05%	0.05%
	CVS	F	0.3%	0.08%	0.08%
	CVX	A	0.52%	0.3%	0.3%
	D	D	0.13%	0.05%	0.05%
	DAL	A	0.01%	0.04%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.04%	0.04%	0.04%
	DE	D	0.1%	0.13%	0.1%
	DFS	B	0.07%	0.04%	0.04%
	DG	F	0.02%	0.02%	0.02%
	DGX	B	0.06%	0.02%	0.02%
	DHI	D	0.19%	0.05%	0.05%
	DHR	F	0.09%	0.16%	0.09%
	DIS	B	0.15%	0.2%	0.15%
	DLR	C	0.04%	0.06%	0.04%
	DLTR	F	0.02%	0.01%	0.01%
	DOC	C	0.01%	0.01%	0.01%
	DOV	A	0.02%	0.02%	0.02%
	DOW	F	0.06%	0.04%	0.04%
	DRI	B	0.01%	0.02%	0.01%
	DTE	D	0.09%	0.03%	0.03%
	DUK	D	0.59%	0.1%	0.1%
	DVA	C	0.01%	0.02%	0.01%
	DVN	F	0.04%	0.03%	0.03%
	DXCM	C	0.0%	0.03%	0.0%
	EA	A	0.3%	0.04%	0.04%
	EBAY	C	0.02%	0.03%	0.02%
	ECL	C	0.02%	0.08%	0.02%
	ED	D	0.42%	0.03%	0.03%
	EFX	F	0.01%	0.03%	0.01%
	EIX	C	0.04%	0.04%	0.04%
	EL	F	0.01%	0.01%	0.01%
	ELV	F	0.3%	0.09%	0.09%
	EMN	D	0.02%	0.01%	0.01%
	EMR	A	0.05%	0.09%	0.05%
	ENPH	F	0.03%	0.01%	0.01%
	EOG	A	0.15%	0.09%	0.09%
	EPAM	B	0.04%	0.03%	0.03%
	EQIX	B	0.02%	0.1%	0.02%
	EQR	C	0.02%	0.02%	0.02%
	EQT	B	0.03%	0.02%	0.02%
	ES	D	0.02%	0.02%	0.02%
	ESS	C	0.01%	0.03%	0.01%
	ETN	B	0.05%	0.17%	0.05%
	ETR	B	0.05%	0.03%	0.03%
	EVRG	A	0.02%	0.01%	0.01%
	EW	F	0.12%	0.04%	0.04%
	EXC	C	0.05%	0.04%	0.04%
	EXPD	C	0.06%	0.01%	0.01%
	EXPE	B	0.02%	0.02%	0.02%
	EXR	D	0.02%	0.04%	0.02%
	F	C	0.16%	0.05%	0.05%
	FANG	C	0.22%	0.04%	0.04%
	FAST	B	0.15%	0.06%	0.06%
	FCX	F	0.04%	0.07%	0.04%
	FDX	B	0.11%	0.06%	0.06%
	FE	D	0.02%	0.02%	0.02%
	FFIV	B	0.23%	0.03%	0.03%
	FI	A	0.3%	0.14%	0.14%
	FIS	B	0.03%	0.06%	0.03%
	FITB	A	0.06%	0.04%	0.04%
	FOX	A	0.01%	0.0%	0.0%
	FOXA	A	0.02%	0.01%	0.01%
	FSLR	F	0.03%	0.02%	0.02%
	FTNT	B	0.01%	0.07%	0.01%
	FTV	C	0.02%	0.03%	0.02%
	GD	C	0.07%	0.07%	0.07%
	GE	D	0.11%	0.23%	0.11%
	GEHC	D	0.03%	0.04%	0.03%
	GEN	B	0.13%	0.02%	0.02%
	GEV	B	0.05%	0.08%	0.05%
	GILD	B	0.46%	0.13%	0.13%
	GIS	F	0.26%	0.04%	0.04%
	GLW	B	0.14%	0.04%	0.04%
	GM	B	0.3%	0.09%	0.09%
	GOOG	C	1.13%	1.0%	1.0%
	GOOGL	C	1.22%	1.17%	1.17%
	GPC	D	0.02%	0.01%	0.01%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	A	0.2%	0.05%	0.05%
	GS	B	0.29%	0.2%	0.2%
	HAL	C	0.03%	0.03%	0.03%
	HBAN	A	0.05%	0.03%	0.03%
	HCA	D	0.06%	0.08%	0.06%
	HD	B	0.34%	0.45%	0.34%
	HES	B	0.02%	0.05%	0.02%
	HIG	C	0.09%	0.04%	0.04%
	HLT	A	0.01%	0.08%	0.01%
	HOLX	D	0.07%	0.02%	0.02%
	HON	B	0.49%	0.18%	0.18%
	HPE	B	0.06%	0.03%	0.03%
	HPQ	B	0.07%	0.04%	0.04%
	HRL	F	0.08%	0.01%	0.01%
	HSIC	F	0.01%	0.01%	0.01%
	HST	D	0.01%	0.01%	0.01%
	HSY	F	0.18%	0.02%	0.02%
	HUBB	C	0.07%	0.05%	0.05%
	HUM	D	0.2%	0.03%	0.03%
	HWM	B	0.01%	0.05%	0.01%
	IBM	D	0.69%	0.21%	0.21%
	ICE	C	0.14%	0.11%	0.11%
	IDXX	F	0.12%	0.05%	0.05%
	IEX	B	0.05%	0.03%	0.03%
	IFF	F	0.02%	0.03%	0.02%
	ILMN	C	0.01%	0.03%	0.01%
	INCY	B	0.22%	0.02%	0.02%
	INTC	C	0.18%	0.11%	0.11%
	INTU	A	0.04%	0.24%	0.04%
	INVH	D	0.01%	0.02%	0.01%
	IP	B	0.04%	0.02%	0.02%
	IPG	F	0.02%	0.01%	0.01%
	IQV	F	0.02%	0.05%	0.02%
	IR	A	0.02%	0.05%	0.02%
	IRM	D	0.01%	0.04%	0.01%
	ISRG	A	0.03%	0.18%	0.03%
	IT	B	0.13%	0.06%	0.06%
	ITW	B	0.27%	0.09%	0.09%
	J	D	0.02%	0.02%	0.02%
	JBHT	C	0.05%	0.02%	0.02%
	JBL	C	0.03%	0.01%	0.01%
	JCI	A	0.05%	0.07%	0.05%
	JKHY	C	0.04%	0.02%	0.02%
	JNJ	D	1.62%	0.41%	0.41%
	JNPR	D	0.17%	0.01%	0.01%
	JPM	A	1.01%	0.78%	0.78%
	K	A	0.28%	0.03%	0.03%
	KDP	C	0.24%	0.04%	0.04%
	KEY	B	0.04%	0.02%	0.02%
	KEYS	C	0.28%	0.04%	0.04%
	KHC	F	0.18%	0.03%	0.03%
	KIM	A	0.02%	0.02%	0.02%
	KLAC	F	0.32%	0.07%	0.07%
	KMB	D	0.1%	0.04%	0.04%
	KMI	B	0.06%	0.06%	0.06%
	KMX	B	0.03%	0.02%	0.02%
	KO	F	0.82%	0.27%	0.27%
	KR	A	0.32%	0.05%	0.05%
	KVUE	A	0.04%	0.05%	0.04%
	L	A	0.12%	0.02%	0.02%
	LDOS	C	0.02%	0.02%	0.02%
	LEN	D	0.06%	0.04%	0.04%
	LH	B	0.03%	0.03%	0.03%
	LHX	B	0.04%	0.06%	0.04%
	LIN	D	0.15%	0.26%	0.15%
	LKQ	C	0.02%	0.01%	0.01%
	LLY	F	2.09%	0.66%	0.66%
	LMT	D	0.75%	0.13%	0.13%
	LNT	C	0.05%	0.02%	0.02%
	LOW	B	0.12%	0.18%	0.12%
	LRCX	F	0.33%	0.09%	0.09%
	LULU	B	0.12%	0.04%	0.04%
	LUV	B	0.01%	0.02%	0.01%
	LVS	C	0.01%	0.02%	0.01%
	LW	B	0.03%	0.01%	0.01%
	LYB	F	0.04%	0.03%	0.03%
	LYV	A	0.01%	0.01%	0.01%
	MA	B	1.66%	0.48%	0.48%
	MAA	C	0.01%	0.02%	0.01%
	MAR	A	0.02%	0.06%	0.02%
	MAS	D	0.01%	0.02%	0.01%
	MCD	C	0.5%	0.24%	0.24%
	MCHP	F	0.11%	0.04%	0.04%
	MCK	B	0.6%	0.07%	0.07%
	MCO	C	0.21%	0.11%	0.11%
	MDLZ	F	0.22%	0.1%	0.1%
	MDT	D	0.15%	0.13%	0.13%
	MET	C	0.08%	0.06%	0.06%
	META	B	2.41%	1.42%	1.42%
	MGM	D	0.01%	0.01%	0.01%
	MKC	D	0.01%	0.02%	0.01%
	MLM	B	0.02%	0.07%	0.02%
	MMC	D	0.68%	0.13%	0.13%
	MMM	C	0.28%	0.07%	0.07%
	MNST	B	0.12%	0.04%	0.04%
	MO	A	0.06%	0.1%	0.06%
	MOH	F	0.14%	0.04%	0.04%
	MOS	D	0.03%	0.01%	0.01%
	MPC	D	0.31%	0.07%	0.07%
	MRK	F	0.48%	0.28%	0.28%
	MRNA	F	0.02%	0.01%	0.01%
	MRO	B	0.04%	0.02%	0.02%
	MS	A	0.19%	0.18%	0.18%
	MSCI	B	0.01%	0.07%	0.01%
	MSFT	C	2.68%	3.46%	2.68%
	MSI	B	0.64%	0.11%	0.11%
	MTB	A	0.08%	0.05%	0.05%
	MTCH	F	0.01%	0.01%	0.01%
	MU	D	0.08%	0.13%	0.08%
	NDAQ	B	0.02%	0.03%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.09%	0.17%	0.09%
	NEM	F	0.2%	0.05%	0.05%
	NFLX	A	0.13%	0.37%	0.13%
	NI	A	0.02%	0.02%	0.02%
	NKE	F	0.27%	0.1%	0.1%
	NOC	D	0.57%	0.06%	0.06%
	NOW	A	0.26%	0.24%	0.24%
	NRG	C	0.03%	0.02%	0.02%
	NSC	B	0.05%	0.06%	0.05%
	NTAP	D	0.16%	0.03%	0.03%
	NTRS	A	0.03%	0.02%	0.02%
	NUE	D	0.08%	0.03%	0.03%
	NVDA	A	2.8%	4.04%	2.8%
	NWSA	B	0.01%	0.01%	0.01%
	NXPI	F	0.03%	0.08%	0.03%
	O	D	0.04%	0.04%	0.04%
	ODFL	B	0.14%	0.05%	0.05%
	OKE	A	0.05%	0.07%	0.05%
	OMC	A	0.07%	0.02%	0.02%
	ON	F	0.02%	0.03%	0.02%
	ORCL	A	0.54%	0.34%	0.34%
	ORLY	A	0.25%	0.14%	0.14%
	OTIS	D	0.04%	0.04%	0.04%
	OXY	F	0.1%	0.04%	0.04%
	PANW	B	0.31%	0.13%	0.13%
	PARA	B	0.03%	0.01%	0.01%
	PAYX	B	0.17%	0.05%	0.05%
	PCAR	B	0.06%	0.07%	0.06%
	PCG	A	0.06%	0.05%	0.05%
	PEG	C	0.04%	0.05%	0.04%
	PEP	D	1.03%	0.26%	0.26%
	PFE	F	0.34%	0.17%	0.17%
	PFG	C	0.03%	0.02%	0.02%
	PG	C	0.57%	0.43%	0.43%
	PGR	A	0.65%	0.18%	0.18%
	PH	A	0.04%	0.08%	0.04%
	PHM	D	0.11%	0.03%	0.03%
	PKG	B	0.09%	0.03%	0.03%
	PLD	D	0.08%	0.11%	0.08%
	PM	B	0.11%	0.21%	0.11%
	PNC	B	0.16%	0.1%	0.1%
	PNR	A	0.01%	0.02%	0.01%
	PODD	B	0.0%	0.03%	0.0%
	PPG	F	0.02%	0.03%	0.02%
	PPL	A	0.02%	0.03%	0.02%
	PRU	B	0.08%	0.06%	0.06%
	PSA	D	0.14%	0.07%	0.07%
	PSX	C	0.14%	0.06%	0.06%
	PTC	B	0.18%	0.02%	0.02%
	PWR	B	0.02%	0.04%	0.02%
	PYPL	A	0.07%	0.11%	0.07%
	QCOM	F	0.57%	0.2%	0.2%
	QRVO	F	0.01%	0.01%	0.01%
	RCL	A	0.01%	0.05%	0.01%
	REG	A	0.01%	0.02%	0.01%
	REGN	F	0.27%	0.09%	0.09%
	RF	A	0.06%	0.03%	0.03%
	RJF	A	0.03%	0.04%	0.03%
	RMD	C	0.1%	0.03%	0.03%
	ROK	B	0.09%	0.03%	0.03%
	ROL	C	0.17%	0.02%	0.02%
	ROP	A	0.47%	0.06%	0.06%
	ROST	D	0.03%	0.05%	0.03%
	RSG	B	0.53%	0.05%	0.05%
	RTX	D	0.19%	0.19%	0.19%
	RVTY	C	0.02%	0.01%	0.01%
	SBAC	D	0.01%	0.02%	0.01%
	SBUX	B	0.06%	0.12%	0.06%
	SCHW	B	0.06%	0.13%	0.06%
	SHW	A	0.26%	0.09%	0.09%
	SJM	F	0.02%	0.01%	0.01%
	SLB	C	0.05%	0.07%	0.05%
	SNA	A	0.06%	0.04%	0.04%
	SNPS	C	0.29%	0.12%	0.12%
	SO	D	0.53%	0.11%	0.11%
	SOLV	C	0.06%	0.01%	0.01%
	SPG	A	0.03%	0.06%	0.03%
	SPGI	C	0.06%	0.17%	0.06%
	SRE	B	0.06%	0.06%	0.06%
	STE	D	0.01%	0.03%	0.01%
	STLD	C	0.04%	0.03%	0.03%
	STT	B	0.06%	0.03%	0.03%
	STX	D	0.07%	0.02%	0.02%
	STZ	D	0.02%	0.05%	0.02%
	SW	B	0.03%	0.02%	0.02%
	SWK	F	0.02%	0.02%	0.02%
	SWKS	F	0.05%	0.02%	0.02%
	SYF	B	0.06%	0.03%	0.03%
	SYK	A	0.05%	0.13%	0.05%
	SYY	D	0.05%	0.04%	0.04%
	T	A	0.66%	0.18%	0.18%
	TAP	B	0.02%	0.01%	0.01%
	TDG	D	0.01%	0.15%	0.01%
	TECH	D	0.0%	0.02%	0.0%
	TER	F	0.05%	0.02%	0.02%
	TFC	B	0.15%	0.07%	0.07%
	TGT	C	0.1%	0.09%	0.09%
	TJX	A	0.54%	0.15%	0.15%
	TMO	F	0.11%	0.24%	0.11%
	TMUS	A	0.76%	0.13%	0.13%
	TRGP	B	0.03%	0.04%	0.03%
	TRMB	B	0.01%	0.02%	0.01%
	TROW	A	0.09%	0.03%	0.03%
	TRV	B	0.45%	0.06%	0.06%
	TSCO	D	0.09%	0.03%	0.03%
	TSLA	B	0.27%	0.9%	0.27%
	TSN	B	0.27%	0.02%	0.02%
	TT	B	0.26%	0.09%	0.09%
	TTWO	A	0.01%	0.04%	0.01%
	TXN	B	1.13%	0.22%	0.22%
	TXT	D	0.02%	0.02%	0.02%
	UBER	F	0.17%	0.16%	0.16%
	UDR	C	0.01%	0.01%	0.01%
	UHS	D	0.02%	0.02%	0.02%
	UNH	B	2.25%	0.62%	0.62%
	UNP	D	0.08%	0.16%	0.08%
	UPS	C	0.11%	0.1%	0.1%
	URI	B	0.04%	0.1%	0.04%
	USB	B	0.16%	0.09%	0.09%
	V	A	1.85%	0.56%	0.56%
	VICI	D	0.04%	0.04%	0.04%
	VLO	C	0.14%	0.05%	0.05%
	VLTO	D	0.08%	0.02%	0.02%
	VMC	B	0.02%	0.03%	0.02%
	VRSK	A	0.15%	0.03%	0.03%
	VRSN	C	0.22%	0.02%	0.02%
	VRTX	B	0.62%	0.17%	0.17%
	VTR	C	0.02%	0.03%	0.02%
	VTRS	B	0.05%	0.02%	0.02%
	VZ	D	0.77%	0.19%	0.19%
	WAB	B	0.02%	0.04%	0.02%
	WAT	B	0.07%	0.04%	0.04%
	WBA	D	0.07%	0.01%	0.01%
	WBD	B	0.11%	0.02%	0.02%
	WDC	D	0.02%	0.02%	0.02%
	WEC	B	0.28%	0.03%	0.03%
	WELL	B	0.04%	0.08%	0.04%
	WFC	A	0.46%	0.29%	0.29%
	WM	A	0.52%	0.1%	0.1%
	WMB	B	0.14%	0.08%	0.08%
	WMT	A	0.93%	0.4%	0.4%
	WRB	B	0.12%	0.02%	0.02%
	WST	B	0.06%	0.04%	0.04%
	WTW	A	0.15%	0.04%	0.04%
	WY	F	0.03%	0.02%	0.02%
	WYNN	C	0.0%	0.01%	0.0%
	XEL	A	0.19%	0.04%	0.04%
	XOM	B	0.81%	0.6%	0.6%
	XYL	F	0.01%	0.03%	0.01%
	YUM	B	0.19%	0.05%	0.05%
	ZBH	C	0.02%	0.02%	0.02%
	ZBRA	B	0.01%	0.05%	0.01%
	ZTS	D	0.24%	0.1%	0.1%

QUS Overweight 125 Positions Relative to ZZZ

	Symbol	Grade	Weight
	WCN	A	0.52%
	AZO	B	0.35%
	GDDY	B	0.32%
	FCNCA	B	0.32%
	BAH	C	0.24%
	CMG	B	0.22%
	TDY	B	0.22%
	FICO	B	0.21%
	GWW	B	0.2%
	EG	D	0.17%
	ERIE	F	0.17%
	AFG	A	0.15%
	WDAY	B	0.15%
	MKL	A	0.14%
	NBIX	C	0.12%
	NVR	D	0.11%
	UTHR	B	0.11%
	MPWR	F	0.1%
	TPL	B	0.09%
	VEEV	B	0.09%
	EME	B	0.08%
	HUBS	B	0.08%
	ULTA	C	0.08%
	BMRN	F	0.08%
	ALNY	D	0.08%
	DECK	B	0.08%
	MANH	C	0.07%
	DPZ	C	0.07%
	TW	B	0.07%
	MELI	D	0.07%
	LPLA	A	0.07%
	WSO	B	0.06%
	WSM	F	0.06%
	DELL	C	0.06%
	CRWD	B	0.06%
	GGG	B	0.05%
	FDS	A	0.05%
	LNG	B	0.05%
	PAYC	B	0.04%
	BKNG	A	0.04%
	KNX	C	0.04%
	KKR	B	0.04%
	POOL	D	0.04%
	ALLY	C	0.03%
	RS	C	0.03%
	TTC	F	0.03%
	APO	B	0.03%
	ACI	C	0.03%
	SEIC	A	0.03%
	OVV	C	0.03%
	MKTX	C	0.03%
	SMCI	F	0.03%
	SSNC	C	0.02%
	CCK	D	0.02%
	EQH	B	0.02%
	OC	A	0.02%
	FNF	C	0.02%
	CRBG	C	0.02%
	MRVL	B	0.02%
	VST	B	0.02%
	DINO	D	0.02%
	CNH	D	0.02%
	SQ	B	0.02%
	TTD	B	0.01%
	RIVN	F	0.01%
	ENTG	F	0.01%
	TYL	B	0.01%
	MTD	F	0.01%
	PLTR	B	0.01%
	Z	B	0.01%
	LII	B	0.01%
	BIO	C	0.01%
	TFX	F	0.01%
	VRT	B	0.01%
	AMH	C	0.01%
	ARES	B	0.01%
	WLK	F	0.01%
	RPRX	F	0.01%
	UHAL	D	0.01%
	DASH	A	0.01%
	GLPI	D	0.01%
	WTRG	C	0.01%
	HII	F	0.01%
	FBIN	F	0.01%
	CSL	B	0.01%
	RPM	A	0.01%
	TRU	D	0.01%
	SUI	F	0.01%
	AVTR	F	0.01%
	COIN	B	0.01%
	TWLO	B	0.01%
	WPC	F	0.01%
	BURL	C	0.01%
	ACM	B	0.01%
	CHRD	D	0.01%
	DKS	D	0.01%
	ZM	B	0.01%
	CG	B	0.01%
	APP	B	0.01%
	CELH	F	0.0%
	IOT	B	0.0%
	ZS	B	0.0%
	TEAM	B	0.0%
	NET	B	0.0%
	RBLX	B	0.0%
	MDB	C	0.0%
	TOST	A	0.0%
	DKNG	B	0.0%
	BSY	F	0.0%
	DDOG	B	0.0%
	PSTG	D	0.0%
	H	B	0.0%
	SNAP	C	0.0%
	DT	C	0.0%
	DOCU	B	0.0%
	HEI	A	0.0%
	MSTR	B	0.0%
	EXAS	F	0.0%
	SNOW	C	0.0%
	ROKU	C	0.0%
	PINS	F	0.0%
	HEI	A	0.0%
	ELS	B	0.0%
	OKTA	C	0.0%
	HOOD	B	0.0%

QUS Underweight 22 Positions Relative to ZZZ

	Symbol	Grade	Weight
	UAL	A	-0.03%
	MHK	D	-0.02%
	GNRC	B	-0.02%
	ETSY	D	-0.01%
	FMC	F	-0.01%
	ZION	B	-0.01%
	VFC	C	-0.01%
	HAS	D	-0.01%
	CMA	A	-0.01%
	BWA	B	-0.01%
	IVZ	B	-0.01%
	RHI	B	-0.01%
	CZR	F	-0.01%
	AAL	B	-0.01%
	PNW	A	-0.01%
	TPR	A	-0.01%
	GL	B	-0.01%
	WHR	B	-0.01%
	NCLH	B	-0.01%
	FRT	B	-0.01%
	NWS	B	-0.0%
	XRAY	F	-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

ZZZ: Top Represented Industries & Keywords

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

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