QWLD vs. DMCY ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Democracy International Fund (DMCY)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.09

Average Daily Volume

4,478

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

DMCY

Democracy International Fund

DMCY Description

The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.

Grade (RS Rating)

Last Trade

$27.07

Average Daily Volume

1,297

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	DMCY
30 Days	-0.07%	0.53%
60 Days	5.99%	7.72%
90 Days	5.73%	4.51%
12 Months	29.24%	23.38%

13 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in DMCY	Overlap
ABBV	A	0.15%	0.53%	0.15%
ABBV	A	0.4%	0.53%	0.4%
BCS	C	0.1%	0.24%	0.1%
CNI	D	0.11%	0.37%	0.11%
DEO	C	0.13%	0.37%	0.13%
E	D	0.13%	0.21%	0.13%
LYG	C	0.09%	0.28%	0.09%
NVS	D	0.88%	1.01%	0.88%
NXPI	F	0.02%	0.4%	0.02%
STLA	F	0.09%	0.23%	0.09%
TD	C	0.14%	0.53%	0.14%
UL	B	0.3%	0.68%	0.3%
WCN	D	0.26%	0.26%	0.26%

QWLD Overweight 592 Positions Relative to DMCY

Symbol	Grade	Weight
AAPL	C	2.55%
MSFT	C	2.36%
META	A	2.11%
NVDA	C	2.04%
LLY	D	1.39%
UNH	B	1.29%
JNJ	C	1.15%
V	C	1.11%
GOOGL	C	0.99%
PG	C	0.96%
CSCO	A	0.92%
GOOG	C	0.87%
PEP	D	0.83%
COST	C	0.76%
WMT	A	0.72%
BRK.A	C	0.7%
MA	A	0.67%
TMUS	A	0.64%
KO	B	0.64%
ACN	B	0.62%
VZ	A	0.6%
MSI	A	0.58%
JPM	D	0.52%
MMC	D	0.51%
MRK	F	0.5%
ROP	C	0.49%
IBM	C	0.49%
WM	D	0.49%
TXN	C	0.48%
MCK	F	0.47%
SO	A	0.47%
XOM	B	0.46%
NFLX	C	0.46%
LMT	A	0.45%
REGN	D	0.44%
ADBE	F	0.44%
RSG	D	0.44%
VRTX	D	0.42%
MCD	A	0.42%
APH	D	0.4%
CB	A	0.4%
GIS	B	0.38%
DUK	B	0.37%
ED	A	0.37%
T	A	0.36%
AMZN	C	0.35%
CAT	A	0.35%
TJX	C	0.34%
NOC	B	0.34%
PGR	C	0.34%
GE	C	0.33%
AMAT	D	0.33%
QCOM	D	0.33%
BAC	D	0.33%
KR	B	0.3%
CVX	D	0.29%
ACGL	A	0.28%
UNP	C	0.27%
TRV	C	0.27%
ELV	F	0.27%
AZO	D	0.27%
CBOE	B	0.25%
ADP	A	0.24%
INTU	F	0.24%
GILD	A	0.23%
ORCL	C	0.23%
HON	B	0.23%
ISRG	C	0.23%
CL	D	0.22%
KHC	B	0.22%
ORLY	A	0.22%
BLK	B	0.22%
K	B	0.22%
C	B	0.22%
WFC	D	0.21%
PFE	D	0.21%
GDDY	D	0.21%
MFG	D	0.2%
CTSH	C	0.2%
LRCX	F	0.2%
BMY	B	0.19%
NKE	D	0.19%
GD	A	0.19%
CHKP	C	0.19%
AMGN	D	0.19%
WEC	A	0.19%
CI	C	0.19%
ANET	B	0.19%
HSY	D	0.18%
KLAC	D	0.18%
AJG	D	0.18%
CHD	B	0.18%
MPC	F	0.18%
KEYS	C	0.17%
EA	D	0.17%
CVS	D	0.17%
HUM	F	0.17%
WMB	A	0.16%
ERIE	A	0.16%
BAH	A	0.16%
CMCSA	B	0.16%
L	D	0.16%
PANW	D	0.16%
KDP	C	0.16%
ZTS	B	0.16%
MDLZ	C	0.16%
FFIV	C	0.15%
TGT	C	0.15%
TM	D	0.15%
CME	A	0.15%
AON	A	0.15%
GM	D	0.15%
PSX	F	0.14%
VRSN	C	0.14%
SHW	B	0.14%
YUM	B	0.14%
UTHR	B	0.14%
TT	A	0.14%
HD	A	0.14%
GS	D	0.14%
MMM	B	0.14%
ITW	B	0.13%
AKAM	D	0.13%
JNPR	C	0.13%
BRO	A	0.13%
MCO	C	0.13%
CTAS	C	0.13%
CMG	C	0.13%
WRB	B	0.13%
TSN	D	0.13%
KMB	B	0.12%
AVGO	C	0.12%
SNPS	F	0.12%
MKL	B	0.12%
AFL	A	0.12%
CAH	B	0.12%
TSLA	B	0.12%
INCY	B	0.12%
MUFG	D	0.12%
DHI	B	0.12%
CF	A	0.12%
CDNS	D	0.12%
NBIX	F	0.11%
CSX	D	0.11%
HRL	F	0.1%
COP	D	0.1%
PCAR	D	0.1%
FCNCA	D	0.1%
CPB	D	0.1%
GWW	A	0.1%
DGX	C	0.1%
ADSK	C	0.09%
IDXX	D	0.09%
CDW	D	0.09%
RTX	A	0.09%
MS	B	0.09%
FANG	F	0.09%
SMFG	D	0.09%
F	D	0.09%
ABT	C	0.09%
PAYX	A	0.09%
PSA	C	0.09%
INTC	D	0.09%
LEN	B	0.09%
SJM	B	0.08%
AMP	A	0.08%
KVUE	C	0.08%
DIS	D	0.08%
XEL	A	0.08%
TFC	D	0.08%
FAST	C	0.08%
COF	C	0.08%
ROL	B	0.08%
SONY	B	0.08%
AMCR	A	0.08%
HMC	D	0.08%
AEE	A	0.08%
PNC	C	0.08%
USB	C	0.08%
CMI	B	0.08%
TEL	D	0.08%
AIG	F	0.07%
A	B	0.07%
WTW	A	0.07%
PHM	A	0.07%
ULTA	D	0.07%
MCHP	F	0.07%
EW	F	0.07%
MOH	D	0.07%
NVR	A	0.07%
TMO	C	0.07%
ODFL	D	0.07%
CPRT	B	0.07%
PTC	D	0.07%
VLO	F	0.07%
LOW	A	0.07%
AEP	B	0.07%
AIZ	A	0.07%
ALL	C	0.07%
BDX	B	0.07%
BMRN	F	0.07%
DPZ	D	0.06%
GPC	D	0.06%
WBD	D	0.06%
AXP	A	0.06%
LULU	D	0.06%
DHR	B	0.06%
D	A	0.06%
BBY	B	0.06%
MDT	A	0.06%
EG	B	0.06%
CNC	F	0.06%
NEE	A	0.06%
FDX	D	0.06%
LIN	B	0.06%
MPWR	C	0.06%
JKHY	A	0.06%
UPS	D	0.06%
DE	A	0.06%
MNST	D	0.06%
LOGI	D	0.06%
PM	B	0.06%
CHTR	D	0.05%
CRM	C	0.05%
MT	B	0.05%
NEM	C	0.05%
BK	C	0.05%
MET	A	0.05%
TROW	D	0.05%
LNG	D	0.05%
BTI	C	0.05%
CAG	B	0.05%
PLD	D	0.05%
VLTO	C	0.05%
BLDR	B	0.05%
CMS	A	0.05%
DINO	F	0.05%
TDY	B	0.05%
ADM	D	0.05%
TSCO	A	0.05%
RMD	C	0.05%
EOG	D	0.05%
ROK	D	0.05%
OXY	F	0.04%
SMCI	F	0.04%
MO	B	0.04%
WBA	F	0.04%
MU	D	0.04%
HUBB	A	0.04%
WAT	B	0.04%
SPGI	C	0.04%
MTB	C	0.04%
EXPD	B	0.04%
MANH	C	0.04%
EME	C	0.04%
ADI	C	0.04%
BR	B	0.04%
TPL	B	0.04%
AMD	D	0.04%
WDAY	D	0.04%
HPQ	C	0.04%
PYPL	B	0.04%
DOW	B	0.04%
WSM	C	0.04%
FICO	C	0.04%
NUE	D	0.04%
DOV	C	0.04%
HCA	A	0.04%
CTVA	B	0.04%
OMC	A	0.04%
DECK	C	0.04%
PRU	C	0.04%
GRMN	D	0.04%
VEEV	C	0.04%
NTAP	D	0.04%
GGG	B	0.03%
DKS	D	0.03%
APD	C	0.03%
JBHT	D	0.03%
FCX	B	0.03%
EIX	A	0.03%
CBRE	A	0.03%
PNR	A	0.03%
JCI	B	0.03%
VTRS	D	0.03%
NSC	B	0.03%
HBAN	C	0.03%
FDS	C	0.03%
OKE	C	0.03%
ETN	C	0.03%
AMT	C	0.03%
DVN	F	0.03%
SYY	B	0.03%
LNT	A	0.03%
AVY	B	0.03%
APA	F	0.03%
HIG	A	0.03%
POOL	B	0.03%
OC	B	0.03%
SYF	C	0.03%
BG	D	0.03%
ICE	A	0.03%
SNA	B	0.03%
RF	C	0.03%
ENPH	D	0.03%
LYB	D	0.03%
SLB	F	0.03%
SYK	C	0.03%
SOLV	D	0.03%
SWKS	F	0.03%
KMI	A	0.03%
WSO	B	0.03%
CSL	A	0.03%
STT	C	0.03%
TER	D	0.03%
PCG	B	0.03%
FITB	C	0.03%
LPLA	D	0.03%
PKG	A	0.03%
HPE	C	0.03%
SRE	A	0.03%
SCHW	D	0.03%
CFG	D	0.03%
EXC	A	0.03%
IT	C	0.03%
TRGP	C	0.03%
DFS	C	0.03%
DRI	C	0.03%
WST	D	0.03%
SBUX	B	0.03%
MKTX	C	0.02%
NMR	F	0.02%
ACI	F	0.02%
HAL	F	0.02%
BIIB	F	0.02%
APTV	D	0.02%
ES	A	0.02%
PAYC	D	0.02%
SWK	A	0.02%
BAX	D	0.02%
TTC	D	0.02%
CCI	A	0.02%
CINF	A	0.02%
OVV	F	0.02%
SPG	A	0.02%
CHK	C	0.02%
WY	B	0.02%
MOS	F	0.02%
DLR	C	0.02%
FIS	C	0.02%
GEHC	B	0.02%
GEV	A	0.02%
PH	B	0.02%
DTE	A	0.02%
AER	C	0.02%
EPAM	F	0.02%
ROST	C	0.02%
CTRA	D	0.02%
AOS	B	0.02%
WELL	B	0.02%
IP	B	0.02%
AFG	B	0.02%
PFG	C	0.02%
CEG	B	0.02%
BKR	B	0.02%
GLW	C	0.02%
MRO	D	0.02%
STLD	C	0.02%
KKR	C	0.02%
GPN	F	0.02%
NDSN	B	0.02%
URI	B	0.02%
VICI	C	0.02%
KEY	C	0.02%
PEG	A	0.02%
CARR	C	0.02%
BSX	A	0.02%
DD	B	0.02%
ETR	A	0.02%
ALLE	A	0.02%
BX	C	0.02%
BKNG	C	0.02%
LHX	A	0.02%
EMR	B	0.02%
IEX	D	0.02%
IPG	C	0.02%
O	A	0.02%
SW	B	0.02%
WTRG	D	0.01%
TRMB	B	0.01%
MGM	D	0.01%
ALGN	D	0.01%
CTLT	B	0.01%
OTEX	D	0.01%
CCL	C	0.01%
CPT	C	0.01%
RPM	C	0.01%
TFX	B	0.01%
TTWO	F	0.01%
FOX	A	0.01%
UHAL	A	0.01%
DAL	B	0.01%
RPRX	B	0.01%
DVA	B	0.01%
NWSA	D	0.01%
GLPI	B	0.01%
SBAC	B	0.01%
FTNT	C	0.01%
HST	D	0.01%
CG	C	0.01%
REG	B	0.01%
CLX	B	0.01%
HLT	B	0.01%
BURL	D	0.01%
TRU	C	0.01%
IRM	B	0.01%
FSLR	C	0.01%
QRVO	F	0.01%
STE	D	0.01%
HWM	A	0.01%
BEN	F	0.01%
ZM	B	0.01%
SUI	C	0.01%
MBAVU	D	0.01%
MAS	A	0.01%
ACM	B	0.01%
ESS	C	0.01%
HSIC	C	0.01%
EL	D	0.01%
INVH	D	0.01%
STX	B	0.01%
WPC	C	0.01%
AVTR	D	0.01%
CPAY	A	0.01%
MKC	B	0.01%
ZBRA	C	0.01%
DOC	B	0.01%
CCEP	D	0.01%
HII	D	0.01%
MAA	C	0.01%
BXP	C	0.01%
SE	A	0.01%
EXPE	B	0.01%
EFX	D	0.01%
XYL	B	0.01%
AGCO	D	0.01%
MRVL	C	0.01%
CCK	A	0.01%
CHRD	F	0.01%
IR	B	0.01%
STZ	B	0.01%
KNX	C	0.01%
ALB	D	0.01%
SSNC	C	0.01%
ABNB	D	0.01%
FTV	B	0.01%
VMC	D	0.01%
NDAQ	C	0.01%
MLM	D	0.01%
VST	A	0.01%
LDOS	A	0.01%
WFG	A	0.01%
EQH	C	0.01%
NI	A	0.01%
LKQ	F	0.01%
VTR	B	0.01%
KIM	C	0.01%
ARE	D	0.01%
BALL	B	0.01%
OTIS	A	0.01%
TDG	A	0.01%
WDC	C	0.01%
AWK	C	0.01%
DLTR	F	0.01%
TXT	D	0.01%
HOLX	D	0.01%
EMN	B	0.01%
AES	B	0.01%
MAR	B	0.01%
PWR	B	0.01%
DELL	D	0.01%
AME	D	0.01%
BSY	D	0.01%
CNP	B	0.01%
CRBG	C	0.01%
FOXA	A	0.01%
ZBH	F	0.01%
EQR	C	0.01%
TAP	D	0.01%
FNF	A	0.01%
WAB	A	0.01%
HES	D	0.01%
EBAY	A	0.01%
ATO	A	0.01%
J	D	0.01%
CHRW	A	0.01%
EVRG	B	0.01%
AVB	C	0.01%
CE	D	0.01%
APO	A	0.01%
UBER	C	0.01%
EQT	C	0.01%
IFF	C	0.01%
SQ	D	0.01%
MRNA	F	0.01%
NOW	C	0.01%
UHS	D	0.01%
ALLY	F	0.01%
ECL	A	0.01%
IQV	F	0.01%
SEIC	B	0.01%
PARA	F	0.01%
PPL	A	0.01%
ON	F	0.01%
FE	A	0.01%
DG	F	0.01%
EQIX	B	0.01%
RJF	B	0.01%
JBL	D	0.01%
NTRS	C	0.01%
CNH	C	0.01%
NRG	A	0.01%
RS	D	0.01%
KMX	D	0.01%
PPG	D	0.01%
BA	F	0.01%
EXR	C	0.01%
MELI	C	0.01%
GLBE	C	0.0%
IOT	C	0.0%
NET	D	0.0%
TOST	B	0.0%
RBLX	C	0.0%
XRX	F	0.0%
DDOG	D	0.0%
DKNG	D	0.0%
SNAP	D	0.0%
FUTU	A	0.0%
MSTR	C	0.0%
H	C	0.0%
PSTG	F	0.0%
DOCU	B	0.0%
DAY	C	0.0%
HEI	C	0.0%
GRAB	B	0.0%
DT	C	0.0%
PINS	D	0.0%
SNOW	F	0.0%
PODD	C	0.0%
WYNN	B	0.0%
APP	B	0.0%
HOOD	C	0.0%
DXCM	F	0.0%
CRWD	D	0.0%
ROKU	D	0.0%
OKTA	F	0.0%
TECH	B	0.0%
TTD	C	0.0%
TYL	C	0.0%
EXAS	C	0.0%
LII	C	0.0%
TW	A	0.0%
PLTR	C	0.0%
AXON	A	0.0%
Z	C	0.0%
ELS	D	0.0%
HEI	C	0.0%
LYV	A	0.0%
LUV	C	0.0%
VRT	B	0.0%
ENTG	D	0.0%
LW	D	0.0%
RIVN	F	0.0%
LVS	B	0.0%
BBWI	F	0.0%
MSCI	B	0.0%
DASH	B	0.0%
COIN	F	0.0%
QGEN	D	0.0%
WLK	B	0.0%
RCL	C	0.0%
ILMN	C	0.0%
BIO	B	0.0%
MTCH	C	0.0%
CRL	F	0.0%
CSGP	F	0.0%
ARES	B	0.0%
ANSS	D	0.0%
UDR	C	0.0%
TWLO	C	0.0%
VRSK	D	0.0%
AMH	D	0.0%

QWLD Underweight 9 Positions Relative to DMCY

Symbol	Grade	Weight
EWT	C	-3.72%
EWJ	B	-3.17%
EIS	B	-0.71%
SHOP	C	-0.42%
EWW	F	-0.28%
FLUT	B	-0.23%
ICLR	F	-0.13%
VALE	C	-0.12%
BNTX	B	-0.05%