QWLD vs. ILCG ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to iShares Morningstar Growth ETF (ILCG)

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

$128.03

Average Daily Volume

4,063

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$83.92

Average Daily Volume

112,498

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	ILCG
30 Days	1.38%	6.16%
60 Days	8.66%	13.15%
90 Days	5.18%	-0.20%
12 Months	29.66%	40.84%

345 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in ILCG	Overlap
A	B	0.07%	0.18%	0.07%
AAPL	C	2.54%	6.71%	2.54%
ABNB	D	0.01%	0.22%	0.01%
ACGL	A	0.28%	0.06%	0.06%
ACM	A	0.01%	0.04%	0.01%
ACN	B	0.63%	0.12%	0.12%
ADBE	F	0.42%	0.92%	0.42%
ADI	B	0.04%	0.08%	0.04%
ADP	A	0.23%	0.17%	0.17%
ADSK	B	0.09%	0.24%	0.09%
AFG	A	0.02%	0.02%	0.02%
AJG	C	0.18%	0.09%	0.09%
AKAM	D	0.13%	0.03%	0.03%
ALB	D	0.01%	0.02%	0.01%
ALGN	D	0.01%	0.05%	0.01%
ALL	A	0.07%	0.09%	0.07%
ALLE	A	0.02%	0.03%	0.02%
AMAT	C	0.34%	0.27%	0.27%
AMD	C	0.04%	1.07%	0.04%
AME	C	0.01%	0.16%	0.01%
AMH	D	0.0%	0.05%	0.0%
AMP	A	0.08%	0.13%	0.08%
AMZN	C	0.33%	7.26%	0.33%
ANET	A	0.19%	0.41%	0.19%
ANSS	D	0.0%	0.11%	0.0%
AON	A	0.15%	0.08%	0.08%
AOS	C	0.02%	0.03%	0.02%
APH	D	0.39%	0.18%	0.18%
APO	A	0.01%	0.06%	0.01%
APP	A	0.0%	0.11%	0.0%
APTV	D	0.02%	0.03%	0.02%
ARE	D	0.01%	0.02%	0.01%
ARES	A	0.0%	0.12%	0.0%
AVB	C	0.01%	0.06%	0.01%
AVGO	B	0.11%	1.77%	0.11%
AVTR	D	0.01%	0.04%	0.01%
AVY	D	0.03%	0.04%	0.03%
AWK	D	0.01%	0.06%	0.01%
AXON	A	0.0%	0.12%	0.0%
AXP	A	0.06%	0.22%	0.06%
AZO	D	0.28%	0.22%	0.22%
BAH	C	0.16%	0.07%	0.07%
BALL	C	0.01%	0.05%	0.01%
BKNG	B	0.02%	0.19%	0.02%
BKR	B	0.02%	0.08%	0.02%
BLDR	C	0.05%	0.05%	0.05%
BMRN	F	0.08%	0.05%	0.05%
BR	B	0.04%	0.1%	0.04%
BRO	A	0.13%	0.11%	0.11%
BSX	A	0.02%	0.24%	0.02%
BSY	D	0.01%	0.03%	0.01%
BURL	C	0.01%	0.07%	0.01%
BX	C	0.02%	0.21%	0.02%
CARR	A	0.02%	0.16%	0.02%
CAT	A	0.36%	0.19%	0.19%
CBRE	C	0.03%	0.1%	0.03%
CCK	C	0.01%	0.02%	0.01%
CDNS	D	0.12%	0.3%	0.12%
CDW	D	0.09%	0.12%	0.09%
CE	D	0.01%	0.03%	0.01%
CHD	D	0.18%	0.11%	0.11%
CINF	A	0.02%	0.03%	0.02%
CL	D	0.21%	0.1%	0.1%
CLX	C	0.01%	0.05%	0.01%
CMG	C	0.13%	0.32%	0.13%
CMI	A	0.09%	0.12%	0.09%
CMS	A	0.05%	0.03%	0.03%
COIN	F	0.0%	0.13%	0.0%
COR	F	0.38%	0.09%	0.09%
COST	C	0.73%	0.74%	0.73%
CPAY	A	0.01%	0.07%	0.01%
CPRT	B	0.07%	0.19%	0.07%
CPT	C	0.01%	0.02%	0.01%
CRL	F	0.0%	0.03%	0.0%
CRM	B	0.05%	1.04%	0.05%
CRWD	D	0.0%	0.26%	0.0%
CSGP	F	0.0%	0.13%	0.0%
CSL	A	0.03%	0.09%	0.03%
CTAS	C	0.13%	0.29%	0.13%
CTRA	D	0.02%	0.03%	0.02%
CTVA	A	0.04%	0.08%	0.04%
D	A	0.06%	0.09%	0.06%
DAL	C	0.01%	0.06%	0.01%
DASH	A	0.0%	0.18%	0.0%
DAY	C	0.0%	0.04%	0.0%
DD	C	0.02%	0.07%	0.02%
DDOG	B	0.0%	0.14%	0.0%
DECK	B	0.04%	0.1%	0.04%
DELL	C	0.01%	0.05%	0.01%
DFS	A	0.03%	0.08%	0.03%
DIS	D	0.08%	0.21%	0.08%
DKNG	C	0.0%	0.04%	0.0%
DKS	D	0.02%	0.02%	0.02%
DLR	C	0.02%	0.16%	0.02%
DLTR	F	0.01%	0.03%	0.01%
DOCU	A	0.0%	0.05%	0.0%
DOV	C	0.04%	0.08%	0.04%
DOW	B	0.04%	0.07%	0.04%
DPZ	D	0.06%	0.06%	0.06%
DRI	C	0.03%	0.04%	0.03%
DT	B	0.0%	0.06%	0.0%
DVA	C	0.01%	0.02%	0.01%
DXCM	F	0.0%	0.11%	0.0%
EA	D	0.17%	0.1%	0.1%
EBAY	A	0.01%	0.05%	0.01%
ECL	C	0.01%	0.15%	0.01%
EFX	D	0.01%	0.15%	0.01%
EL	D	0.01%	0.09%	0.01%
ELS	D	0.0%	0.03%	0.0%
EME	B	0.04%	0.08%	0.04%
ENPH	F	0.03%	0.06%	0.03%
ENTG	D	0.0%	0.04%	0.0%
EPAM	F	0.02%	0.02%	0.02%
EQIX	C	0.01%	0.35%	0.01%
EQR	C	0.01%	0.04%	0.01%
EQT	C	0.01%	0.05%	0.01%
ERIE	A	0.15%	0.06%	0.06%
ESS	D	0.01%	0.04%	0.01%
ETN	B	0.03%	0.31%	0.03%
EW	F	0.07%	0.16%	0.07%
EXAS	C	0.0%	0.05%	0.0%
EXPE	B	0.01%	0.04%	0.01%
EXR	D	0.01%	0.05%	0.01%
FAST	C	0.08%	0.17%	0.08%
FCNCA	D	0.09%	0.09%	0.09%
FDS	C	0.03%	0.07%	0.03%
FFIV	B	0.14%	0.02%	0.02%
FI	A	0.07%	0.09%	0.07%
FICO	C	0.04%	0.2%	0.04%
FSLR	C	0.01%	0.1%	0.01%
FTNT	A	0.01%	0.21%	0.01%
FTV	C	0.01%	0.08%	0.01%
GDDY	B	0.21%	0.08%	0.08%
GE	B	0.32%	0.45%	0.32%
GEHC	C	0.02%	0.07%	0.02%
GEN	A	0.11%	0.03%	0.03%
GEV	A	0.02%	0.15%	0.02%
GGG	C	0.03%	0.06%	0.03%
GOOG	B	0.87%	1.87%	0.87%
GOOGL	B	1.0%	2.08%	1.0%
GPC	D	0.06%	0.03%	0.03%
GPN	F	0.02%	0.04%	0.02%
GRMN	D	0.04%	0.07%	0.04%
GWW	B	0.1%	0.19%	0.1%
HAL	D	0.01%	0.06%	0.01%
HEI	C	0.0%	0.05%	0.0%
HEI	C	0.0%	0.07%	0.0%
HEI	C	0.0%	0.07%	0.0%
HEI	C	0.0%	0.05%	0.0%
HES	D	0.01%	0.16%	0.01%
HII	F	0.01%	0.03%	0.01%
HLT	A	0.01%	0.23%	0.01%
HOOD	B	0.0%	0.05%	0.0%
HRL	F	0.1%	0.01%	0.01%
HSY	D	0.17%	0.06%	0.06%
HUBB	A	0.04%	0.09%	0.04%
HWM	A	0.01%	0.17%	0.01%
ICE	A	0.03%	0.07%	0.03%
IDXX	D	0.09%	0.17%	0.09%
IEX	D	0.02%	0.07%	0.02%
ILMN	B	0.0%	0.08%	0.0%
INCY	B	0.12%	0.03%	0.03%
INTU	F	0.23%	0.7%	0.23%
INVH	D	0.01%	0.08%	0.01%
IQV	F	0.01%	0.11%	0.01%
IR	A	0.01%	0.16%	0.01%
IRM	B	0.01%	0.07%	0.01%
ISRG	C	0.23%	0.71%	0.23%
IT	A	0.03%	0.16%	0.03%
J	F	0.01%	0.05%	0.01%
JBHT	D	0.03%	0.04%	0.03%
JBL	C	0.02%	0.03%	0.02%
JCI	C	0.03%	0.12%	0.03%
JKHY	A	0.06%	0.05%	0.05%
KDP	C	0.16%	0.06%	0.06%
KEYS	B	0.17%	0.05%	0.05%
KIM	C	0.01%	0.05%	0.01%
KKR	A	0.02%	0.1%	0.02%
KLAC	B	0.18%	0.16%	0.16%
KMB	D	0.12%	0.07%	0.07%
KMX	F	0.01%	0.03%	0.01%
LDOS	A	0.01%	0.04%	0.01%
LII	C	0.0%	0.08%	0.0%
LIN	C	0.06%	0.17%	0.06%
LLY	D	1.31%	3.1%	1.31%
LNG	A	0.05%	0.05%	0.05%
LPLA	D	0.03%	0.07%	0.03%
LRCX	D	0.21%	0.17%	0.17%
LULU	D	0.06%	0.12%	0.06%
LUV	B	0.0%	0.03%	0.0%
LVS	B	0.0%	0.09%	0.0%
LW	D	0.0%	0.04%	0.0%
LYV	A	0.0%	0.07%	0.0%
MA	A	0.66%	1.68%	0.66%
MAA	D	0.01%	0.03%	0.01%
MANH	A	0.04%	0.07%	0.04%
MAR	A	0.01%	0.04%	0.01%
MAS	C	0.01%	0.03%	0.01%
MCD	A	0.42%	0.19%	0.19%
MCHP	F	0.07%	0.07%	0.07%
MCK	F	0.45%	0.08%	0.08%
MCO	D	0.13%	0.18%	0.13%
MELI	D	0.01%	0.42%	0.01%
META	A	2.1%	2.97%	2.1%
MGM	D	0.01%	0.02%	0.01%
MKC	C	0.01%	0.05%	0.01%
MKL	B	0.12%	0.05%	0.05%
MLM	F	0.01%	0.14%	0.01%
MMC	D	0.5%	0.12%	0.12%
MNST	D	0.06%	0.15%	0.06%
MOH	F	0.07%	0.05%	0.05%
MPWR	B	0.06%	0.17%	0.06%
MRK	F	0.49%	0.43%	0.43%
MRNA	F	0.01%	0.04%	0.01%
MRVL	C	0.01%	0.25%	0.01%
MSCI	B	0.0%	0.19%	0.0%
MSFT	D	2.31%	12.95%	2.31%
MSI	A	0.58%	0.1%	0.1%
MSTR	B	0.0%	0.07%	0.0%
NBIX	F	0.1%	0.05%	0.05%
NDAQ	C	0.01%	0.05%	0.01%
NDSN	C	0.02%	0.06%	0.02%
NEM	C	0.05%	0.15%	0.05%
NET	D	0.0%	0.1%	0.0%
NFLX	A	0.45%	1.25%	0.45%
NKE	D	0.19%	0.1%	0.1%
NOW	B	0.01%	0.74%	0.01%
NRG	A	0.02%	0.03%	0.02%
NTAP	D	0.04%	0.05%	0.04%
NVDA	B	2.11%	11.49%	2.11%
O	C	0.02%	0.08%	0.02%
ODFL	F	0.07%	0.15%	0.07%
OKTA	F	0.0%	0.05%	0.0%
ON	F	0.02%	0.05%	0.02%
ORCL	A	0.23%	0.32%	0.23%
ORLY	A	0.22%	0.07%	0.07%
OTIS	A	0.01%	0.1%	0.01%
PANW	B	0.15%	0.44%	0.15%
PAYC	D	0.02%	0.03%	0.02%
PAYX	B	0.09%	0.19%	0.09%
PCG	C	0.03%	0.07%	0.03%
PGR	B	0.33%	0.33%	0.33%
PH	A	0.02%	0.15%	0.02%
PHM	C	0.07%	0.05%	0.05%
PINS	D	0.0%	0.05%	0.0%
PLD	D	0.05%	0.12%	0.05%
PLTR	A	0.0%	0.3%	0.0%
PNR	C	0.03%	0.05%	0.03%
PODD	C	0.0%	0.07%	0.0%
POOL	D	0.03%	0.03%	0.03%
PPG	D	0.02%	0.05%	0.02%
PSA	C	0.09%	0.11%	0.09%
PSTG	F	0.0%	0.06%	0.0%
PTC	B	0.07%	0.09%	0.07%
PWR	A	0.01%	0.18%	0.01%
QRVO	F	0.01%	0.02%	0.01%
RBLX	D	0.0%	0.09%	0.0%
RCL	B	0.0%	0.12%	0.0%
REG	C	0.01%	0.02%	0.01%
RJF	B	0.01%	0.06%	0.01%
RMD	C	0.05%	0.15%	0.05%
ROK	D	0.06%	0.13%	0.06%
ROL	C	0.08%	0.06%	0.06%
ROP	D	0.48%	0.11%	0.11%
ROST	D	0.02%	0.2%	0.02%
RPM	A	0.01%	0.04%	0.01%
RSG	D	0.43%	0.05%	0.05%
RVTY	C	0.01%	0.03%	0.01%
SBAC	C	0.01%	0.11%	0.01%
SBUX	B	0.04%	0.16%	0.04%
SHW	C	0.14%	0.12%	0.12%
SLB	D	0.03%	0.04%	0.03%
SMCI	F	0.03%	0.08%	0.03%
SNA	C	0.03%	0.02%	0.02%
SNAP	D	0.0%	0.05%	0.0%
SNOW	F	0.0%	0.15%	0.0%
SNPS	F	0.12%	0.31%	0.12%
SPGI	C	0.04%	0.28%	0.04%
SQ	D	0.01%	0.15%	0.01%
STE	D	0.01%	0.1%	0.01%
STZ	D	0.01%	0.09%	0.01%
SUI	D	0.01%	0.07%	0.01%
SWK	C	0.02%	0.03%	0.02%
SYK	C	0.03%	0.21%	0.03%
SYY	D	0.03%	0.16%	0.03%
TDG	A	0.01%	0.33%	0.01%
TDY	A	0.05%	0.05%	0.05%
TECH	D	0.0%	0.05%	0.0%
TEL	D	0.09%	0.1%	0.09%
TER	C	0.03%	0.04%	0.03%
TFX	C	0.01%	0.02%	0.01%
TJX	D	0.33%	0.15%	0.15%
TMO	D	0.07%	0.14%	0.07%
TMUS	A	0.64%	0.09%	0.09%
TPL	A	0.04%	0.07%	0.04%
TRGP	A	0.03%	0.06%	0.03%
TRMB	B	0.01%	0.04%	0.01%
TRU	C	0.01%	0.08%	0.01%
TRV	B	0.26%	0.1%	0.1%
TSCO	A	0.05%	0.09%	0.05%
TSLA	C	0.13%	2.97%	0.13%
TSN	D	0.13%	0.03%	0.03%
TT	A	0.14%	0.19%	0.14%
TTD	A	0.0%	0.2%	0.0%
TTWO	D	0.01%	0.1%	0.01%
TW	A	0.0%	0.06%	0.0%
TWLO	B	0.0%	0.04%	0.0%
TXT	F	0.01%	0.03%	0.01%
TYL	D	0.0%	0.1%	0.0%
UBER	C	0.01%	0.62%	0.01%
UDR	C	0.0%	0.03%	0.0%
UHAL	C	0.01%	0.01%	0.01%
UHAL	C	0.01%	0.0%	0.0%
UHS	D	0.01%	0.03%	0.01%
ULTA	D	0.07%	0.04%	0.04%
UNH	B	1.3%	0.31%	0.31%
URI	C	0.02%	0.11%	0.02%
V	B	1.05%	1.92%	1.05%
VEEV	C	0.04%	0.13%	0.04%
VLTO	A	0.05%	0.06%	0.05%
VMC	D	0.01%	0.14%	0.01%
VRSK	D	0.0%	0.16%	0.0%
VRSN	C	0.14%	0.07%	0.07%
VRT	B	0.0%	0.15%	0.0%
VRTX	D	0.42%	0.23%	0.23%
VST	A	0.01%	0.1%	0.01%
VTR	C	0.01%	0.04%	0.01%
WAB	A	0.01%	0.13%	0.01%
WAT	B	0.04%	0.06%	0.04%
WDAY	D	0.04%	0.21%	0.04%
WELL	C	0.02%	0.12%	0.02%
WLK	C	0.0%	0.01%	0.0%
WM	B	0.48%	0.09%	0.09%
WRB	C	0.13%	0.04%	0.04%
WSM	C	0.04%	0.05%	0.04%
WSO	C	0.03%	0.07%	0.03%
WST	D	0.03%	0.09%	0.03%
WTRG	D	0.01%	0.01%	0.01%
WTW	C	0.07%	0.06%	0.06%
WYNN	B	0.0%	0.04%	0.0%
XYL	C	0.01%	0.13%	0.01%
YUM	C	0.15%	0.16%	0.15%
ZBH	F	0.01%	0.05%	0.01%
ZBRA	B	0.01%	0.06%	0.01%
ZTS	C	0.16%	0.16%	0.16%

QWLD Overweight 268 Positions Relative to ILCG

Symbol	Grade	Weight
JNJ	D	1.13%
PG	D	0.95%
CSCO	A	0.92%
NVS	D	0.87%
PEP	F	0.81%
WMT	A	0.71%
BRK.A	B	0.7%
KO	C	0.64%
VZ	C	0.61%
JPM	C	0.51%
IBM	A	0.49%
TXN	C	0.49%
SO	A	0.46%
LMT	A	0.45%
XOM	A	0.45%
REGN	D	0.41%
CB	A	0.39%
ABBV	C	0.39%
T	B	0.37%
ED	C	0.37%
GIS	C	0.37%
DUK	C	0.36%
NOC	B	0.33%
QCOM	D	0.33%
BAC	B	0.32%
KR	C	0.3%
UL	D	0.3%
CVX	B	0.29%
UNP	F	0.27%
WCN	D	0.26%
ELV	F	0.26%
CBOE	B	0.24%
HON	C	0.23%
C	B	0.22%
KHC	F	0.22%
K	B	0.22%
BLK	A	0.22%
GILD	A	0.22%
WFC	B	0.21%
CTSH	B	0.2%
PFE	D	0.2%
CHKP	A	0.19%
CI	D	0.19%
BMY	A	0.19%
WEC	B	0.19%
MFG	B	0.19%
MPC	D	0.18%
CVS	D	0.18%
GD	C	0.18%
AMGN	D	0.18%
HUM	F	0.17%
L	C	0.16%
ABBV	C	0.16%
CMCSA	B	0.16%
MDLZ	D	0.16%
MMM	C	0.15%
TGT	C	0.15%
GM	D	0.15%
WMB	A	0.15%
CME	A	0.15%
TM	D	0.15%
TD	B	0.14%
UTHR	C	0.14%
GS	B	0.14%
HD	A	0.14%
JNPR	C	0.13%
CF	A	0.13%
ITW	C	0.13%
DEO	C	0.13%
PSX	D	0.13%
CAH	B	0.12%
AFL	A	0.12%
MUFG	D	0.12%
DHI	C	0.12%
E	C	0.12%
CSX	D	0.11%
LYG	C	0.1%
PCAR	D	0.1%
CPB	D	0.1%
STLA	F	0.1%
INTC	D	0.1%
DGX	D	0.1%
BCS	B	0.1%
CNI	D	0.1%
RTX	A	0.09%
SMFG	D	0.09%
ABT	C	0.09%
F	D	0.09%
MS	A	0.09%
COP	D	0.09%
LEN	C	0.09%
SJM	D	0.08%
BDX	C	0.08%
KVUE	C	0.08%
COF	A	0.08%
XEL	C	0.08%
TFC	D	0.08%
PNC	C	0.08%
USB	C	0.08%
AMCR	C	0.08%
FANG	D	0.08%
AEE	A	0.08%
HMC	D	0.08%
SONY	C	0.08%
UPS	D	0.07%
LOGI	D	0.07%
NVR	C	0.07%
AEP	C	0.07%
VLO	F	0.07%
AIZ	B	0.07%
LOW	C	0.07%
DHR	D	0.06%
WBD	F	0.06%
MDT	C	0.06%
CNC	F	0.06%
NEE	C	0.06%
EG	A	0.06%
BBY	C	0.06%
FDX	F	0.06%
PM	D	0.06%
AIG	C	0.06%
DE	C	0.06%
BTI	D	0.05%
BK	A	0.05%
MET	A	0.05%
CAG	D	0.05%
TROW	D	0.05%
DINO	F	0.05%
MT	B	0.05%
ADM	F	0.05%
EOG	B	0.05%
MO	D	0.04%
MTB	A	0.04%
EXPD	D	0.04%
WBA	F	0.04%
HPQ	B	0.04%
PYPL	A	0.04%
HCA	C	0.04%
MU	D	0.04%
NUE	D	0.04%
OMC	C	0.04%
PRU	B	0.04%
CHTR	D	0.04%
DVN	F	0.03%
EIX	C	0.03%
NSC	C	0.03%
VTRS	D	0.03%
APD	C	0.03%
AMT	D	0.03%
HBAN	B	0.03%
SW	C	0.03%
APA	F	0.03%
LNT	B	0.03%
HIG	A	0.03%
OC	C	0.03%
SYF	A	0.03%
BG	F	0.03%
SOLV	C	0.03%
FCX	B	0.03%
RF	B	0.03%
KMI	A	0.03%
SWKS	F	0.03%
LYB	B	0.03%
STT	A	0.03%
FITB	C	0.03%
PKG	B	0.03%
SRE	C	0.03%
SCHW	D	0.03%
CFG	C	0.03%
EXC	C	0.03%
HPE	B	0.03%
OXY	D	0.03%
ACI	F	0.02%
BIIB	F	0.02%
OVV	D	0.02%
CNH	C	0.02%
ES	D	0.02%
BAX	D	0.02%
NMR	F	0.02%
CCI	D	0.02%
TTC	F	0.02%
SPG	A	0.02%
WY	C	0.02%
NXPI	F	0.02%
CHK	C	0.02%
FIS	A	0.02%
AER	C	0.02%
DTE	B	0.02%
MOS	F	0.02%
IP	C	0.02%
PFG	A	0.02%
MRO	B	0.02%
CEG	A	0.02%
GLW	C	0.02%
KEY	B	0.02%
VICI	C	0.02%
STLD	C	0.02%
PEG	A	0.02%
LHX	A	0.02%
ETR	A	0.02%
EMR	B	0.02%
IPG	D	0.02%
OKE	A	0.02%
CCL	C	0.01%
OTEX	D	0.01%
CTLT	A	0.01%
FOX	B	0.01%
FBIN	C	0.01%
NWSA	D	0.01%
GLPI	C	0.01%
HST	D	0.01%
RPRX	D	0.01%
CG	B	0.01%
BEN	F	0.01%
ZM	B	0.01%
MBAVU	C	0.01%
HSIC	D	0.01%
WPC	C	0.01%
STX	C	0.01%
CCEP	C	0.01%
DOC	C	0.01%
BXP	B	0.01%
CHRD	F	0.01%
SE	B	0.01%
SSNC	C	0.01%
AGCO	D	0.01%
KNX	D	0.01%
EQH	B	0.01%
NI	A	0.01%
WFG	C	0.01%
LKQ	F	0.01%
HOLX	D	0.01%
WDC	C	0.01%
AES	C	0.01%
EMN	C	0.01%
CNP	B	0.01%
CRBG	B	0.01%
FNF	C	0.01%
FOXA	B	0.01%
ATO	A	0.01%
TAP	D	0.01%
EVRG	C	0.01%
CHRW	C	0.01%
IFF	D	0.01%
PPL	C	0.01%
SEIC	B	0.01%
FE	C	0.01%
NTRS	B	0.01%
ALLY	F	0.01%
DG	F	0.01%
PARA	F	0.01%
BA	F	0.01%
MKTX	B	0.01%
RS	D	0.01%
GLBE	C	0.0%
IOT	C	0.0%
TOST	B	0.0%
XRX	D	0.0%
H	B	0.0%
FUTU	A	0.0%
GRAB	C	0.0%
ROKU	C	0.0%
Z	C	0.0%
RIVN	F	0.0%
BBWI	F	0.0%
QGEN	F	0.0%
BIO	B	0.0%
MTCH	B	0.0%

QWLD Underweight 44 Positions Relative to ILCG

Symbol	Grade	Weight
ALNY	C	-0.14%
MTD	C	-0.13%
TEAM	D	-0.11%
HUBS	D	-0.11%
MDB	D	-0.08%
CPNG	C	-0.08%
FWONK	D	-0.07%
NTNX	C	-0.06%
FIX	A	-0.06%
IBKR	A	-0.06%
ZS	F	-0.06%
COO	C	-0.06%
NTRA	A	-0.06%
WMS	D	-0.05%
SRPT	F	-0.05%
NVT	C	-0.05%
SAIA	D	-0.05%
PFGC	A	-0.05%
CLH	B	-0.05%
WING	C	-0.05%
TTEK	A	-0.05%
FND	C	-0.05%
CHDN	C	-0.04%
CASY	D	-0.04%
LECO	D	-0.04%
RRX	B	-0.03%
SCI	D	-0.03%
BRKR	D	-0.03%
AZPN	A	-0.03%
U	D	-0.03%
USFD	C	-0.03%
BLD	D	-0.03%
CNM	F	-0.03%
XPO	F	-0.03%
MORN	B	-0.03%
MEDP	F	-0.03%
FLEX	B	-0.02%
BJ	B	-0.02%
CELH	F	-0.02%
PCOR	D	-0.02%
TOL	C	-0.02%
ALAB	C	-0.01%
FWONA	C	-0.01%
COTY	F	-0.01%