QVML vs. SPYX ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to SPDR S&P 500 Fossil Fuel Free ETF (SPYX)

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.34

Average Daily Volume

1,515

Number of Holdings ^*

446

* may have additional holdings in another (foreign) market

SPYX

SPDR S&P 500 Fossil Fuel Free ETF

SPYX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.99

Average Daily Volume

110,697

Number of Holdings ^*

483

* may have additional holdings in another (foreign) market

Performance

Period	QVML	SPYX
30 Days	2.75%	3.09%
60 Days	6.48%	6.35%
90 Days	9.69%	10.24%
12 Months	37.86%	37.95%

434 Overlapping Holdings

	Symbol	Grade	Weight in QVML	Weight in SPYX	Overlap
	A	F	0.09%	0.08%	0.08%
	AAPL	D	7.06%	7.02%	7.02%
	ABBV	D	0.75%	0.72%	0.72%
	ABNB	C	0.14%	0.13%	0.13%
	ABT	B	0.41%	0.41%	0.41%
	ACGL	D	0.08%	0.08%	0.08%
	ACN	C	0.46%	0.46%	0.46%
	ADBE	C	0.46%	0.45%	0.45%
	ADI	D	0.25%	0.23%	0.23%
	ADM	F	0.06%	0.05%	0.05%
	ADP	A	0.26%	0.25%	0.25%
	ADSK	B	0.14%	0.13%	0.13%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.1%	0.1%
	AFL	C	0.12%	0.11%	0.11%
	AIG	C	0.11%	0.1%	0.1%
	AIZ	A	0.02%	0.02%	0.02%
	AJG	B	0.13%	0.13%	0.13%
	AKAM	F	0.04%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.11%	0.1%	0.1%
	ALLE	D	0.03%	0.03%	0.03%
	AMAT	F	0.36%	0.33%	0.33%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.5%	0.49%	0.49%
	AME	A	0.09%	0.09%	0.09%
	AMP	A	0.12%	0.11%	0.11%
	AMZN	B	3.9%	3.98%	3.9%
	ANET	C	0.24%	0.23%	0.23%
	ANSS	B	0.07%	0.06%	0.06%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APH	B	0.2%	0.18%	0.18%
	APTV	F	0.03%	0.03%	0.03%
	ARE	F	0.04%	0.04%	0.04%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	B	1.73%	1.74%	1.73%
	AVY	F	0.04%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	B	0.07%	0.07%	0.07%
	AXP	B	0.35%	0.33%	0.33%
	AZO	C	0.12%	0.11%	0.11%
	BAC	A	0.67%	0.61%	0.61%
	BALL	D	0.04%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBY	D	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.13%	0.13%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.03%	0.02%	0.02%
	BK	B	0.12%	0.12%	0.12%
	BKNG	A	0.36%	0.33%	0.33%
	BKR	B	0.1%	0.09%	0.09%
	BLDR	D	0.05%	0.04%	0.04%
	BR	A	0.06%	0.05%	0.05%
	BRK.A	C	1.83%	1.71%	1.71%
	BRO	A	0.06%	0.05%	0.05%
	BSX	A	0.26%	0.26%	0.26%
	BWA	B	0.02%	0.02%	0.02%
	BX	B	0.26%	0.26%	0.26%
	BXP	D	0.02%	0.02%	0.02%
	C	B	0.3%	0.26%	0.26%
	CAG	F	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	D	0.13%	0.13%	0.13%
	CAT	B	0.44%	0.4%	0.4%
	CB	D	0.24%	0.21%	0.21%
	CBOE	D	0.04%	0.04%	0.04%
	CBRE	B	0.08%	0.08%	0.08%
	CCL	A	0.05%	0.05%	0.05%
	CDNS	B	0.17%	0.17%	0.17%
	CDW	F	0.06%	0.06%	0.06%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.17%	0.15%	0.15%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.05%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHRW	B	0.03%	0.03%	0.03%
	CHTR	B	0.09%	0.08%	0.08%
	CI	D	0.19%	0.18%	0.18%
	CINF	A	0.05%	0.05%	0.05%
	CL	F	0.16%	0.15%	0.15%
	CMCSA	B	0.37%	0.35%	0.35%
	CME	B	0.17%	0.16%	0.16%
	CMG	B	0.17%	0.16%	0.16%
	CMI	B	0.11%	0.1%	0.1%
	CMS	D	0.04%	0.04%	0.04%
	CNC	F	0.07%	0.07%	0.07%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.16%	0.14%	0.14%
	COR	A	0.09%	0.09%	0.09%
	COST	B	0.84%	0.82%	0.82%
	CPAY	A	0.05%	0.05%	0.05%
	CPB	F	0.02%	0.02%	0.02%
	CPRT	B	0.11%	0.1%	0.1%
	CPT	C	0.03%	0.03%	0.03%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.64%	0.61%	0.61%
	CRWD	B	0.17%	0.15%	0.15%
	CSCO	A	0.51%	0.47%	0.47%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.15%	0.14%	0.14%
	CTAS	A	0.16%	0.15%	0.15%
	CTSH	A	0.09%	0.08%	0.08%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	F	0.15%	0.15%	0.15%
	CZR	D	0.02%	0.02%	0.02%
	D	D	0.1%	0.1%	0.1%
	DAL	A	0.08%	0.08%	0.08%
	DAY	B	0.03%	0.03%	0.03%
	DD	D	0.08%	0.07%	0.07%
	DE	D	0.22%	0.21%	0.21%
	DECK	B	0.06%	0.05%	0.05%
	DFS	B	0.1%	0.09%	0.09%
	DG	F	0.04%	0.03%	0.03%
	DGX	A	0.04%	0.04%	0.04%
	DHI	D	0.11%	0.1%	0.1%
	DHR	F	0.34%	0.32%	0.32%
	DIS	C	0.39%	0.36%	0.36%
	DLR	B	0.12%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	0.03%	0.03%	0.03%
	DOV	A	0.06%	0.06%	0.06%
	DOW	F	0.08%	0.07%	0.07%
	DRI	B	0.04%	0.04%	0.04%
	DTE	D	0.05%	0.05%	0.05%
	DUK	D	0.18%	0.17%	0.17%
	DVA	C	0.02%	0.01%	0.01%
	EA	A	0.09%	0.08%	0.08%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	0.13%	0.13%	0.13%
	ED	D	0.07%	0.07%	0.07%
	EFX	D	0.07%	0.07%	0.07%
	EG	D	0.03%	0.03%	0.03%
	EIX	D	0.07%	0.06%	0.06%
	ELV	F	0.21%	0.2%	0.2%
	EMN	D	0.03%	0.02%	0.02%
	EMR	A	0.16%	0.15%	0.15%
	EPAM	C	0.03%	0.03%	0.03%
	EQR	D	0.05%	0.05%	0.05%
	ES	F	0.04%	0.04%	0.04%
	ESS	C	0.04%	0.04%	0.04%
	ETN	A	0.31%	0.29%	0.29%
	ETR	B	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	F	0.09%	0.08%	0.08%
	EXC	D	0.08%	0.08%	0.08%
	EXPD	F	0.04%	0.03%	0.03%
	EXPE	B	0.05%	0.04%	0.04%
	EXR	D	0.07%	0.07%	0.07%
	F	C	0.1%	0.09%	0.09%
	FAST	B	0.1%	0.1%	0.1%
	FCX	F	0.16%	0.14%	0.14%
	FDS	A	0.04%	0.04%	0.04%
	FDX	B	0.14%	0.13%	0.13%
	FE	D	0.04%	0.04%	0.04%
	FFIV	B	0.03%	0.03%	0.03%
	FI	A	0.26%	0.24%	0.24%
	FIS	C	0.1%	0.1%	0.1%
	FITB	A	0.07%	0.06%	0.06%
	FMC	F	0.02%	0.02%	0.02%
	FOXA	A	0.03%	0.02%	0.02%
	FRT	C	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	A	0.11%	0.11%	0.11%
	FTV	D	0.06%	0.05%	0.05%
	GD	A	0.15%	0.16%	0.15%
	GDDY	A	0.06%	0.05%	0.05%
	GE	C	0.43%	0.39%	0.39%
	GEHC	D	0.08%	0.08%	0.08%
	GEN	A	0.03%	0.03%	0.03%
	GEV	B	0.19%	0.19%	0.19%
	GILD	B	0.25%	0.25%	0.25%
	GIS	F	0.08%	0.07%	0.07%
	GL	B	0.02%	0.02%	0.02%
	GLW	B	0.08%	0.08%	0.08%
	GM	B	0.15%	0.13%	0.13%
	GNRC	B	0.03%	0.02%	0.02%
	GOOG	B	4.43%	1.78%	1.78%
	GPC	D	0.04%	0.04%	0.04%
	GPN	B	0.06%	0.06%	0.06%
	GRMN	A	0.07%	0.07%	0.07%
	GS	B	0.43%	0.37%	0.37%
	GWW	B	0.11%	0.11%	0.11%
	HAL	D	0.06%	0.05%	0.05%
	HBAN	A	0.06%	0.05%	0.05%
	HCA	D	0.15%	0.13%	0.13%
	HD	B	0.82%	0.8%	0.8%
	HIG	C	0.07%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.3%	0.29%	0.29%
	HPE	B	0.07%	0.06%	0.06%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.02%	0.02%	0.02%
	HSIC	F	0.02%	0.02%	0.02%
	HST	C	0.03%	0.03%	0.03%
	HSY	D	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	F	0.08%	0.07%	0.07%
	HWM	B	0.09%	0.09%	0.09%
	IBM	D	0.4%	0.4%	0.4%
	ICE	D	0.19%	0.18%	0.18%
	IDXX	D	0.07%	0.07%	0.07%
	IEX	B	0.04%	0.03%	0.03%
	IFF	F	0.05%	0.05%	0.05%
	INCY	B	0.03%	0.03%	0.03%
	INTC	C	0.26%	0.23%	0.23%
	INTU	A	0.39%	0.38%	0.38%
	INVH	D	0.04%	0.04%	0.04%
	IP	B	0.04%	0.04%	0.04%
	IPG	F	0.03%	0.02%	0.02%
	IQV	F	0.09%	0.08%	0.08%
	IR	A	0.09%	0.08%	0.08%
	ISRG	A	0.39%	0.38%	0.38%
	IT	A	0.09%	0.08%	0.08%
	ITW	B	0.16%	0.15%	0.15%
	IVZ	C	0.02%	0.02%	0.02%
	J	B	0.04%	0.04%	0.04%
	JBHT	B	0.03%	0.03%	0.03%
	JBL	B	0.04%	0.03%	0.03%
	JCI	B	0.12%	0.11%	0.11%
	JKHY	C	0.03%	0.03%	0.03%
	JNJ	F	0.8%	0.77%	0.77%
	JNPR	C	0.03%	0.03%	0.03%
	JPM	B	1.54%	1.37%	1.37%
	K	A	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.08%	0.07%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	B	0.06%	0.06%	0.06%
	KHC	F	0.05%	0.06%	0.05%
	KIM	B	0.03%	0.03%	0.03%
	KKR	B	0.22%	0.21%	0.21%
	KLAC	F	0.21%	0.19%	0.19%
	KMB	F	0.09%	0.09%	0.09%
	KMI	A	0.11%	0.1%	0.1%
	KMX	C	0.03%	0.03%	0.03%
	KO	F	0.53%	0.5%	0.5%
	KR	A	0.09%	0.08%	0.08%
	KVUE	A	0.09%	0.09%	0.09%
	L	B	0.03%	0.03%	0.03%
	LDOS	A	0.06%	0.05%	0.05%
	LEN	D	0.09%	0.08%	0.08%
	LH	B	0.04%	0.04%	0.04%
	LHX	B	0.11%	0.1%	0.1%
	LIN	D	0.48%	0.45%	0.45%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	D	1.39%	1.28%	1.28%
	LMT	D	0.25%	0.24%	0.24%
	LNT	C	0.03%	0.03%	0.03%
	LRCX	F	0.23%	0.21%	0.21%
	LULU	C	0.08%	0.07%	0.07%
	LUV	B	0.04%	0.04%	0.04%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.05%	0.05%	0.05%
	MA	A	0.88%	0.87%	0.87%
	MAA	C	0.04%	0.04%	0.04%
	MAS	D	0.04%	0.04%	0.04%
	MCHP	F	0.09%	0.08%	0.08%
	MCK	B	0.18%	0.16%	0.16%
	MCO	C	0.16%	0.15%	0.15%
	MDLZ	F	0.18%	0.18%	0.18%
	MDT	D	0.24%	0.23%	0.23%
	MET	C	0.1%	0.1%	0.1%
	META	B	2.77%	2.62%	2.62%
	MGM	F	0.02%	0.02%	0.02%
	MHK	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	B	0.08%	0.08%	0.08%
	MMC	C	0.23%	0.22%	0.22%
	MMM	D	0.16%	0.15%	0.15%
	MNST	B	0.08%	0.08%	0.08%
	MO	A	0.19%	0.19%	0.19%
	MOH	F	0.04%	0.04%	0.04%
	MOS	D	0.02%	0.02%	0.02%
	MPC	D	0.13%	0.1%	0.1%
	MPWR	F	0.08%	0.08%	0.08%
	MRK	F	0.55%	0.52%	0.52%
	MRNA	F	0.03%	0.03%	0.03%
	MS	A	0.36%	0.32%	0.32%
	MSFT	C	6.53%	6.42%	6.42%
	MSI	B	0.17%	0.16%	0.16%
	MTB	B	0.08%	0.07%	0.07%
	MU	C	0.28%	0.26%	0.26%
	NCLH	A	0.02%	0.02%	0.02%
	NDAQ	B	0.07%	0.07%	0.07%
	NEE	D	0.31%	0.31%	0.31%
	NFLX	A	0.74%	0.69%	0.69%
	NI	A	0.03%	0.03%	0.03%
	NKE	F	0.2%	0.19%	0.19%
	NOC	C	0.15%	0.15%	0.15%
	NOW	A	0.42%	0.42%	0.42%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.13%	0.13%	0.13%
	NTAP	C	0.06%	0.05%	0.05%
	NTRS	A	0.05%	0.04%	0.04%
	NUE	C	0.09%	0.08%	0.08%
	NVDA	A	7.83%	7.43%	7.43%
	NVR	D	0.06%	0.05%	0.05%
	NWSA	B	0.03%	0.02%	0.02%
	NXPI	F	0.14%	0.12%	0.12%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.13%	0.12%	0.12%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	PANW	A	0.28%	0.26%	0.26%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.1%	0.1%	0.1%
	PCAR	B	0.13%	0.12%	0.12%
	PCG	A	0.09%	0.09%	0.09%
	PEG	D	0.09%	0.09%	0.09%
	PEP	F	0.46%	0.46%	0.46%
	PFG	C	0.04%	0.04%	0.04%
	PG	D	0.8%	0.78%	0.78%
	PGR	B	0.32%	0.3%	0.3%
	PH	B	0.19%	0.18%	0.18%
	PHM	D	0.06%	0.06%	0.06%
	PKG	B	0.05%	0.04%	0.04%
	PLD	F	0.22%	0.22%	0.22%
	PM	C	0.4%	0.39%	0.39%
	PNC	A	0.18%	0.16%	0.16%
	PNR	B	0.04%	0.03%	0.03%
	PNW	B	0.02%	0.02%	0.02%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	B	0.1%	0.09%	0.09%
	PSA	D	0.11%	0.11%	0.11%
	PSX	D	0.13%	0.11%	0.11%
	PTC	B	0.05%	0.05%	0.05%
	PWR	B	0.1%	0.1%	0.1%
	PYPL	B	0.19%	0.17%	0.17%
	QCOM	F	0.43%	0.39%	0.39%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	A	0.11%	0.11%	0.11%
	REG	B	0.03%	0.02%	0.02%
	REGN	F	0.19%	0.18%	0.18%
	RF	A	0.05%	0.05%	0.05%
	RJF	A	0.06%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	B	0.07%	0.07%	0.07%
	ROK	B	0.07%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.13%	0.12%	0.12%
	ROST	F	0.1%	0.1%	0.1%
	RSG	A	0.09%	0.09%	0.09%
	RTX	C	0.35%	0.32%	0.32%
	RVTY	C	0.03%	0.03%	0.03%
	SCHW	A	0.23%	0.22%	0.22%
	SHW	B	0.19%	0.18%	0.18%
	SLB	D	0.14%	0.12%	0.12%
	SMCI	F	0.03%	0.03%	0.03%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.2%	0.18%	0.18%
	SO	D	0.19%	0.19%	0.19%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.12%	0.11%	0.11%
	SPGI	D	0.33%	0.32%	0.32%
	SRE	A	0.12%	0.11%	0.11%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.05%	0.04%	0.04%
	STT	B	0.06%	0.06%	0.06%
	STZ	D	0.08%	0.07%	0.07%
	SW	C	0.06%	0.05%	0.05%
	SWK	F	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.06%	0.05%	0.05%
	SYK	A	0.26%	0.25%	0.25%
	SYY	B	0.08%	0.08%	0.08%
	T	C	0.31%	0.32%	0.31%
	TAP	B	0.02%	0.02%	0.02%
	TDY	A	0.05%	0.05%	0.05%
	TER	D	0.04%	0.04%	0.04%
	TFC	A	0.14%	0.13%	0.13%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.15%	0.14%	0.14%
	TJX	B	0.28%	0.27%	0.27%
	TMO	F	0.44%	0.43%	0.43%
	TMUS	A	0.25%	0.23%	0.23%
	TPR	B	0.02%	0.02%	0.02%
	TRGP	A	0.09%	0.08%	0.08%
	TROW	B	0.06%	0.05%	0.05%
	TRV	B	0.12%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSN	C	0.04%	0.04%	0.04%
	TT	A	0.19%	0.18%	0.18%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	B	0.44%	0.4%	0.4%
	TXT	D	0.04%	0.03%	0.03%
	TYL	B	0.06%	0.05%	0.05%
	UAL	A	0.05%	0.06%	0.05%
	UBER	F	0.33%	0.31%	0.31%
	UDR	D	0.03%	0.03%	0.03%
	UHS	D	0.03%	0.03%	0.03%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	1.17%	1.14%	1.14%
	UNP	D	0.32%	0.3%	0.3%
	UPS	D	0.2%	0.2%	0.2%
	URI	B	0.13%	0.12%	0.12%
	USB	B	0.17%	0.16%	0.16%
	V	A	0.98%	1.04%	0.98%
	VICI	D	0.07%	0.07%	0.07%
	VLO	D	0.1%	0.09%	0.09%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.08%	0.08%	0.08%
	VRSK	A	0.08%	0.08%	0.08%
	VRTX	B	0.28%	0.26%	0.26%
	VST	B	0.1%	0.09%	0.09%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	B	0.03%	0.03%	0.03%
	VZ	D	0.34%	0.35%	0.34%
	WAB	B	0.08%	0.07%	0.07%
	WAT	B	0.05%	0.05%	0.05%
	WBA	D	0.01%	0.01%	0.01%
	WBD	C	0.05%	0.04%	0.04%
	WDC	D	0.05%	0.05%	0.05%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.16%	0.16%
	WFC	B	0.55%	0.48%	0.48%
	WM	A	0.17%	0.16%	0.16%
	WMB	A	0.15%	0.14%	0.14%
	WMT	A	0.73%	0.74%	0.73%
	WRB	B	0.04%	0.04%	0.04%
	WST	C	0.05%	0.05%	0.05%
	WTW	A	0.07%	0.07%	0.07%
	WY	F	0.05%	0.05%	0.05%
	XEL	A	0.07%	0.07%	0.07%
	XYL	D	0.07%	0.06%	0.06%
	ZBH	C	0.05%	0.04%	0.04%
	ZBRA	A	0.04%	0.04%	0.04%
	ZTS	F	0.16%	0.16%	0.16%

QVML Overweight 12 Positions Relative to SPYX

	Symbol	Grade	Weight
	XOM	B	1.22%
	CVX	B	0.6%
	COP	C	0.31%
	EOG	B	0.17%
	HES	C	0.09%
	FANG	D	0.08%
	OXY	F	0.08%
	DVN	F	0.06%
	EQT	A	0.05%
	MRO	B	0.04%
	CTRA	C	0.04%
	APA	F	0.02%

QVML Underweight 49 Positions Relative to SPYX

	Symbol	Grade	Weight
	GOOGL	B	-2.15%
	TSLA	B	-1.67%
	ORCL	A	-0.6%
	MCD	D	-0.43%
	AMGN	F	-0.35%
	PFE	F	-0.32%
	LOW	B	-0.31%
	BMY	B	-0.23%
	SBUX	B	-0.22%
	BA	F	-0.22%
	AMT	F	-0.19%
	EQIX	C	-0.17%
	TDG	B	-0.15%
	APD	B	-0.14%
	ORLY	A	-0.14%
	MAR	A	-0.13%
	HLT	A	-0.12%
	NEM	F	-0.11%
	FICO	A	-0.11%
	MSCI	B	-0.09%
	CCI	F	-0.09%
	YUM	B	-0.08%
	OTIS	D	-0.08%
	IRM	C	-0.07%
	DXCM	C	-0.06%
	MTD	F	-0.06%
	SBAC	D	-0.05%
	BIIB	F	-0.05%
	TRMB	B	-0.04%
	LVS	C	-0.04%
	LYV	A	-0.04%
	CLX	B	-0.04%
	STX	D	-0.04%
	NDSN	B	-0.03%
	EL	F	-0.03%
	VRSN	C	-0.03%
	DPZ	C	-0.03%
	PODD	B	-0.03%
	MTCH	F	-0.02%
	HAS	D	-0.02%
	WYNN	F	-0.02%
	AES	F	-0.02%
	ENPH	F	-0.02%
	CTLT	C	-0.02%
	TECH	C	-0.02%
	ALB	C	-0.02%
	SJM	F	-0.02%
	NWS	B	-0.01%
	FOX	A	-0.01%

QVML: Top Represented Industries & Keywords

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

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

SPYX: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Aerospace & Defense Asset Management 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 Insurance - Property & Casualty

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