QWLD vs. ONOF ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Global X Adaptive U.S. Risk Management ETF (ONOF)

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

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.77

Average Daily Volume

4,670

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	ONOF
30 Days	0.82%	3.66%
60 Days	0.23%	5.15%
90 Days	0.87%	6.75%
12 Months	22.65%	25.68%

480 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in ONOF	Overlap
	A	D	0.06%	0.07%	0.06%
	AAPL	C	2.57%	6.69%	2.57%
	ABBV	D	0.34%	0.58%	0.34%
	ABBV	D	0.16%	0.58%	0.16%
	ABNB	C	0.01%	0.11%	0.01%
	ABT	B	0.09%	0.4%	0.09%
	ACGL	D	0.26%	0.07%	0.07%
	ACN	C	0.65%	0.44%	0.44%
	ADBE	C	0.42%	0.44%	0.42%
	ADI	D	0.04%	0.21%	0.04%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.26%	0.24%	0.24%
	ADSK	A	0.1%	0.13%	0.1%
	AEE	A	0.09%	0.05%	0.05%
	AEP	D	0.07%	0.1%	0.07%
	AFL	B	0.12%	0.11%	0.11%
	AIG	B	0.07%	0.1%	0.07%
	AJG	B	0.19%	0.13%	0.13%
	AKAM	D	0.11%	0.03%	0.03%
	ALGN	D	0.0%	0.03%	0.0%
	ALL	A	0.08%	0.1%	0.08%
	AMAT	F	0.29%	0.28%	0.28%
	AMCR	D	0.08%	0.03%	0.03%
	AMD	F	0.03%	0.43%	0.03%
	AME	A	0.01%	0.09%	0.01%
	AMGN	D	0.16%	0.3%	0.16%
	AMP	A	0.09%	0.11%	0.09%
	AMT	D	0.02%	0.18%	0.02%
	AMZN	C	0.37%	3.75%	0.37%
	ANET	C	0.19%	0.18%	0.18%
	ANSS	B	0.0%	0.06%	0.0%
	AON	A	0.17%	0.15%	0.15%
	APD	A	0.03%	0.14%	0.03%
	APH	A	0.43%	0.17%	0.17%
	APO	B	0.02%	0.13%	0.02%
	APP	B	0.0%	0.14%	0.0%
	APTV	D	0.01%	0.03%	0.01%
	ARE	D	0.01%	0.03%	0.01%
	ARES	A	0.0%	0.06%	0.0%
	ATO	A	0.01%	0.04%	0.01%
	AVB	B	0.01%	0.06%	0.01%
	AVGO	D	0.11%	1.47%	0.11%
	AVTR	F	0.01%	0.03%	0.01%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.01%	0.05%	0.01%
	AXON	A	0.0%	0.09%	0.0%
	AXP	A	0.06%	0.32%	0.06%
	AZO	C	0.28%	0.11%	0.11%
	BA	F	0.01%	0.17%	0.01%
	BAC	A	0.39%	0.61%	0.39%
	BAH	F	0.15%	0.04%	0.04%
	BALL	D	0.01%	0.04%	0.01%
	BAX	D	0.01%	0.03%	0.01%
	BBY	D	0.06%	0.03%	0.03%
	BDX	F	0.07%	0.13%	0.07%
	BG	F	0.03%	0.02%	0.02%
	BIIB	F	0.01%	0.04%	0.01%
	BK	A	0.05%	0.12%	0.05%
	BKNG	A	0.03%	0.33%	0.03%
	BKR	B	0.02%	0.09%	0.02%
	BLDR	D	0.05%	0.04%	0.04%
	BLK	C	0.25%	0.3%	0.25%
	BMRN	D	0.07%	0.02%	0.02%
	BMY	B	0.21%	0.23%	0.21%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.73%	1.22%	0.73%
	BRO	B	0.14%	0.05%	0.05%
	BSX	B	0.02%	0.26%	0.02%
	BSY	D	0.01%	0.01%	0.01%
	BX	A	0.03%	0.26%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.25%	0.25%
	CAG	D	0.04%	0.02%	0.02%
	CAH	B	0.13%	0.06%	0.06%
	CARR	D	0.02%	0.12%	0.02%
	CAT	B	0.36%	0.37%	0.36%
	CB	C	0.4%	0.23%	0.23%
	CBOE	B	0.24%	0.04%	0.04%
	CBRE	B	0.03%	0.08%	0.03%
	CCI	D	0.01%	0.09%	0.01%
	CCL	B	0.01%	0.05%	0.01%
	CDNS	B	0.13%	0.16%	0.13%
	CDW	F	0.07%	0.05%	0.05%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.02%	0.14%	0.02%
	CF	B	0.13%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.19%	0.05%	0.05%
	CHTR	C	0.05%	0.07%	0.05%
	CI	F	0.18%	0.18%	0.18%
	CINF	A	0.02%	0.05%	0.02%
	CL	D	0.2%	0.15%	0.15%
	CLX	B	0.01%	0.04%	0.01%
	CMCSA	B	0.17%	0.33%	0.17%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.14%	0.16%	0.14%
	CMI	A	0.1%	0.1%	0.1%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.05%	0.06%	0.05%
	CNP	B	0.01%	0.04%	0.01%
	COF	B	0.1%	0.13%	0.1%
	COIN	C	0.01%	0.12%	0.01%
	COP	C	0.1%	0.26%	0.1%
	COR	B	0.41%	0.08%	0.08%
	COST	B	0.76%	0.81%	0.76%
	CPAY	A	0.01%	0.05%	0.01%
	CPB	D	0.09%	0.02%	0.02%
	CPRT	A	0.08%	0.09%	0.08%
	CRM	B	0.06%	0.6%	0.06%
	CRWD	B	0.0%	0.16%	0.0%
	CSCO	B	1.03%	0.46%	0.46%
	CSGP	D	0.0%	0.06%	0.0%
	CSL	C	0.03%	0.04%	0.03%
	CSX	B	0.11%	0.13%	0.11%
	CTAS	B	0.14%	0.15%	0.14%
	CTRA	B	0.02%	0.04%	0.02%
	CTSH	B	0.2%	0.08%	0.08%
	CTVA	C	0.04%	0.08%	0.04%
	CVS	D	0.16%	0.14%	0.14%
	CVX	A	0.33%	0.54%	0.33%
	D	C	0.06%	0.09%	0.06%
	DAL	C	0.01%	0.08%	0.01%
	DASH	A	0.01%	0.11%	0.01%
	DD	D	0.02%	0.06%	0.02%
	DDOG	A	0.0%	0.08%	0.0%
	DE	A	0.06%	0.2%	0.06%
	DECK	A	0.05%	0.06%	0.05%
	DELL	C	0.01%	0.08%	0.01%
	DFS	B	0.04%	0.08%	0.04%
	DG	F	0.01%	0.03%	0.01%
	DGX	A	0.11%	0.03%	0.03%
	DHI	D	0.1%	0.1%	0.1%
	DHR	F	0.05%	0.3%	0.05%
	DIS	B	0.1%	0.41%	0.1%
	DKNG	B	0.0%	0.04%	0.0%
	DLR	B	0.02%	0.12%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	D	0.01%	0.03%	0.01%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.03%	0.06%	0.03%
	DRI	B	0.03%	0.04%	0.03%
	DTE	C	0.02%	0.05%	0.02%
	DUK	C	0.36%	0.17%	0.17%
	DVN	F	0.03%	0.05%	0.03%
	DXCM	D	0.0%	0.06%	0.0%
	EA	A	0.2%	0.08%	0.08%
	EBAY	D	0.01%	0.06%	0.01%
	ECL	D	0.01%	0.12%	0.01%
	ED	D	0.35%	0.07%	0.07%
	EFX	F	0.01%	0.06%	0.01%
	EG	C	0.06%	0.02%	0.02%
	EIX	B	0.03%	0.06%	0.03%
	EL	F	0.01%	0.03%	0.01%
	ELV	F	0.21%	0.18%	0.18%
	EME	C	0.04%	0.05%	0.04%
	EMR	A	0.03%	0.14%	0.03%
	ENPH	F	0.01%	0.02%	0.01%
	ENTG	D	0.0%	0.03%	0.0%
	EOG	A	0.06%	0.15%	0.06%
	EQIX	A	0.02%	0.17%	0.02%
	EQR	B	0.01%	0.05%	0.01%
	EQT	B	0.02%	0.05%	0.02%
	ERIE	D	0.12%	0.02%	0.02%
	ES	D	0.01%	0.04%	0.01%
	ESS	B	0.01%	0.04%	0.01%
	ETN	A	0.03%	0.28%	0.03%
	ETR	B	0.03%	0.06%	0.03%
	EVRG	A	0.01%	0.03%	0.01%
	EW	C	0.07%	0.08%	0.07%
	EXC	C	0.03%	0.08%	0.03%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	B	0.01%	0.04%	0.01%
	EXR	D	0.01%	0.07%	0.01%
	F	C	0.09%	0.08%	0.08%
	FANG	D	0.09%	0.06%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FCNCA	A	0.11%	0.05%	0.05%
	FCX	D	0.02%	0.12%	0.02%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.07%	0.13%	0.07%
	FE	C	0.01%	0.04%	0.01%
	FI	A	0.09%	0.25%	0.09%
	FICO	B	0.05%	0.11%	0.05%
	FIS	C	0.02%	0.09%	0.02%
	FITB	A	0.03%	0.06%	0.03%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.01%	0.02%	0.01%
	FSLR	F	0.01%	0.04%	0.01%
	FTNT	C	0.01%	0.11%	0.01%
	FTV	C	0.01%	0.05%	0.01%
	GD	F	0.18%	0.12%	0.12%
	GDDY	A	0.25%	0.05%	0.05%
	GE	D	0.31%	0.38%	0.31%
	GEHC	F	0.02%	0.07%	0.02%
	GEV	B	0.02%	0.19%	0.02%
	GILD	C	0.24%	0.22%	0.22%
	GIS	D	0.33%	0.07%	0.07%
	GLW	B	0.02%	0.07%	0.02%
	GM	B	0.19%	0.12%	0.12%
	GOOG	C	0.94%	1.82%	0.94%
	GOOGL	C	1.07%	2.03%	1.07%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.02%	0.06%	0.02%
	GRMN	B	0.05%	0.06%	0.05%
	GS	A	0.17%	0.36%	0.17%
	GWW	B	0.11%	0.1%	0.1%
	HAL	C	0.02%	0.05%	0.02%
	HBAN	A	0.03%	0.05%	0.03%
	HCA	F	0.04%	0.13%	0.04%
	HD	A	0.15%	0.78%	0.15%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HEI	B	0.0%	0.02%	0.0%
	HES	B	0.01%	0.08%	0.01%
	HIG	B	0.03%	0.07%	0.03%
	HLT	A	0.01%	0.12%	0.01%
	HOLX	D	0.01%	0.04%	0.01%
	HON	B	0.26%	0.29%	0.26%
	HOOD	B	0.0%	0.03%	0.0%
	HPE	B	0.04%	0.05%	0.04%
	HPQ	B	0.04%	0.07%	0.04%
	HRL	D	0.09%	0.02%	0.02%
	HSY	F	0.16%	0.05%	0.05%
	HUBB	B	0.04%	0.05%	0.04%
	HUM	C	0.15%	0.07%	0.07%
	HWM	A	0.01%	0.09%	0.01%
	IBM	C	0.46%	0.39%	0.39%
	ICE	C	0.03%	0.17%	0.03%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.01%	0.04%	0.01%
	ILMN	D	0.0%	0.04%	0.0%
	INCY	C	0.15%	0.03%	0.03%
	INTC	D	0.1%	0.2%	0.1%
	INTU	C	0.27%	0.35%	0.27%
	INVH	D	0.01%	0.04%	0.01%
	IOT	A	0.0%	0.02%	0.0%
	IQV	D	0.01%	0.07%	0.01%
	IR	B	0.01%	0.08%	0.01%
	IRM	D	0.01%	0.07%	0.01%
	ISRG	A	0.25%	0.38%	0.25%
	IT	C	0.03%	0.08%	0.03%
	ITW	B	0.13%	0.16%	0.13%
	J	F	0.01%	0.03%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.02%	0.03%	0.02%
	JCI	C	0.03%	0.11%	0.03%
	JNJ	D	1.1%	0.73%	0.73%
	JPM	A	0.6%	1.35%	0.6%
	K	A	0.23%	0.04%	0.04%
	KDP	D	0.14%	0.07%	0.07%
	KEYS	A	0.17%	0.06%	0.06%
	KHC	F	0.2%	0.05%	0.05%
	KKR	A	0.02%	0.2%	0.02%
	KLAC	D	0.14%	0.16%	0.14%
	KMB	D	0.11%	0.09%	0.09%
	KMI	A	0.04%	0.11%	0.04%
	KO	D	0.56%	0.48%	0.48%
	KR	B	0.31%	0.08%	0.08%
	KVUE	A	0.08%	0.09%	0.08%
	L	A	0.17%	0.03%	0.03%
	LDOS	C	0.01%	0.04%	0.01%
	LEN	D	0.09%	0.08%	0.08%
	LEN	D	0.09%	0.0%	0.0%
	LH	C	0.02%	0.04%	0.02%
	LHX	C	0.02%	0.09%	0.02%
	LII	A	0.0%	0.04%	0.0%
	LIN	D	0.06%	0.43%	0.06%
	LLY	F	1.14%	1.26%	1.14%
	LMT	D	0.42%	0.25%	0.25%
	LNG	B	0.06%	0.1%	0.06%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.07%	0.3%	0.07%
	LPLA	A	0.05%	0.05%	0.05%
	LRCX	F	0.18%	0.18%	0.18%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.0%	0.04%	0.0%
	LVS	C	0.0%	0.04%	0.0%
	LYB	F	0.03%	0.04%	0.03%
	LYV	A	0.0%	0.04%	0.0%
	MA	C	0.71%	0.83%	0.71%
	MAA	B	0.01%	0.04%	0.01%
	MAR	B	0.01%	0.13%	0.01%
	MCD	D	0.42%	0.41%	0.41%
	MCHP	D	0.06%	0.07%	0.06%
	MCK	B	0.58%	0.16%	0.16%
	MCO	B	0.13%	0.15%	0.13%
	MDLZ	F	0.14%	0.17%	0.14%
	MDT	D	0.06%	0.21%	0.06%
	MELI	D	0.01%	0.19%	0.01%
	MET	A	0.05%	0.1%	0.05%
	META	D	2.11%	2.43%	2.11%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKL	A	0.13%	0.05%	0.05%
	MLM	B	0.01%	0.07%	0.01%
	MMC	B	0.51%	0.22%	0.22%
	MMM	D	0.14%	0.14%	0.14%
	MNST	C	0.07%	0.07%	0.07%
	MO	A	0.04%	0.19%	0.04%
	MOH	F	0.06%	0.03%	0.03%
	MPC	D	0.17%	0.1%	0.1%
	MPWR	F	0.04%	0.05%	0.04%
	MRK	F	0.42%	0.49%	0.42%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	B	0.02%	0.03%	0.02%
	MRVL	B	0.01%	0.15%	0.01%
	MS	A	0.12%	0.32%	0.12%
	MSCI	C	0.0%	0.09%	0.0%
	MSFT	F	2.3%	6.01%	2.3%
	MSI	B	0.65%	0.16%	0.16%
	MSTR	C	0.0%	0.17%	0.0%
	MTB	A	0.05%	0.07%	0.05%
	MU	D	0.04%	0.21%	0.04%
	NDAQ	A	0.01%	0.06%	0.01%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.06%	0.31%	0.06%
	NEM	D	0.04%	0.1%	0.04%
	NET	B	0.0%	0.06%	0.0%
	NFLX	A	0.54%	0.73%	0.54%
	NKE	D	0.17%	0.18%	0.17%
	NOC	D	0.32%	0.14%	0.14%
	NOW	A	0.01%	0.42%	0.01%
	NSC	B	0.03%	0.11%	0.03%
	NTAP	C	0.04%	0.05%	0.04%
	NTRS	A	0.02%	0.04%	0.02%
	NUE	C	0.04%	0.07%	0.04%
	NVDA	C	2.53%	6.78%	2.53%
	NVR	D	0.06%	0.05%	0.05%
	O	D	0.02%	0.1%	0.02%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.03%	0.13%	0.03%
	OKTA	C	0.0%	0.02%	0.0%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.01%	0.06%	0.01%
	ORCL	B	0.25%	0.61%	0.25%
	ORLY	B	0.24%	0.14%	0.14%
	OTIS	C	0.01%	0.08%	0.01%
	OXY	D	0.03%	0.07%	0.03%
	PANW	C	0.18%	0.25%	0.18%
	PAYX	C	0.1%	0.09%	0.09%
	PCAR	B	0.11%	0.11%	0.11%
	PCG	A	0.03%	0.09%	0.03%
	PEG	A	0.02%	0.09%	0.02%
	PEP	F	0.77%	0.43%	0.43%
	PFE	D	0.18%	0.28%	0.18%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.95%	0.79%	0.79%
	PGR	A	0.35%	0.3%	0.3%
	PH	A	0.02%	0.17%	0.02%
	PHM	D	0.06%	0.05%	0.05%
	PINS	D	0.0%	0.03%	0.0%
	PLD	D	0.04%	0.21%	0.04%
	PLTR	B	0.0%	0.24%	0.0%
	PM	B	0.07%	0.4%	0.07%
	PNC	B	0.1%	0.16%	0.1%
	PPG	F	0.01%	0.06%	0.01%
	PPL	B	0.01%	0.05%	0.01%
	PRU	A	0.05%	0.09%	0.05%
	PSA	D	0.09%	0.1%	0.09%
	PSTG	D	0.0%	0.03%	0.0%
	PSX	C	0.14%	0.11%	0.11%
	PTC	A	0.08%	0.04%	0.04%
	PWR	A	0.01%	0.09%	0.01%
	PYPL	B	0.04%	0.17%	0.04%
	QCOM	F	0.32%	0.34%	0.32%
	RBLX	C	0.0%	0.05%	0.0%
	RCL	A	0.01%	0.1%	0.01%
	REGN	F	0.31%	0.15%	0.15%
	RF	A	0.03%	0.05%	0.03%
	RJF	A	0.02%	0.06%	0.02%
	RMD	C	0.05%	0.07%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.08%	0.03%	0.03%
	ROP	B	0.48%	0.11%	0.11%
	ROST	C	0.02%	0.09%	0.02%
	RPRX	D	0.01%	0.02%	0.01%
	RS	B	0.02%	0.03%	0.02%
	RSG	A	0.46%	0.09%	0.09%
	RTX	C	0.09%	0.31%	0.09%
	RVTY	F	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.05%	0.01%
	SBUX	A	0.04%	0.22%	0.04%
	SCHW	B	0.04%	0.24%	0.04%
	SHW	A	0.14%	0.17%	0.14%
	SLB	C	0.03%	0.12%	0.03%
	SMCI	F	0.01%	0.03%	0.01%
	SNAP	C	0.0%	0.02%	0.0%
	SNOW	C	0.0%	0.08%	0.0%
	SNPS	B	0.12%	0.16%	0.12%
	SO	D	0.46%	0.19%	0.19%
	SPG	B	0.02%	0.12%	0.02%
	SPGI	C	0.04%	0.31%	0.04%
	SQ	B	0.02%	0.1%	0.02%
	SRE	A	0.04%	0.12%	0.04%
	SSNC	B	0.01%	0.03%	0.01%
	STE	F	0.01%	0.04%	0.01%
	STLD	B	0.02%	0.04%	0.02%
	STT	A	0.03%	0.06%	0.03%
	STX	D	0.01%	0.04%	0.01%
	STZ	D	0.01%	0.07%	0.01%
	SUI	D	0.01%	0.03%	0.01%
	SW	A	0.03%	0.06%	0.03%
	SWK	D	0.01%	0.03%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.05%	0.04%
	SYK	C	0.03%	0.24%	0.03%
	SYY	B	0.03%	0.07%	0.03%
	T	A	0.39%	0.32%	0.32%
	TDG	D	0.01%	0.15%	0.01%
	TDY	B	0.06%	0.04%	0.04%
	TER	D	0.02%	0.03%	0.02%
	TFC	A	0.09%	0.12%	0.09%
	TGT	F	0.15%	0.11%	0.11%
	TJX	A	0.35%	0.27%	0.27%
	TMO	F	0.06%	0.39%	0.06%
	TMUS	B	0.76%	0.22%	0.22%
	TPL	A	0.06%	0.07%	0.06%
	TRGP	B	0.04%	0.09%	0.04%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.01%	0.04%	0.01%
	TRV	B	0.3%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	0.16%	1.88%	0.16%
	TSN	B	0.15%	0.03%	0.03%
	TT	A	0.15%	0.18%	0.15%
	TTD	B	0.0%	0.11%	0.0%
	TTWO	A	0.01%	0.06%	0.01%
	TW	A	0.0%	0.03%	0.0%
	TXN	C	0.48%	0.35%	0.35%
	TYL	B	0.0%	0.05%	0.0%
	UBER	D	0.01%	0.28%	0.01%
	ULTA	F	0.06%	0.03%	0.03%
	UNH	C	1.35%	1.09%	1.09%
	UNP	C	0.26%	0.28%	0.26%
	UPS	C	0.07%	0.19%	0.07%
	URI	B	0.02%	0.11%	0.02%
	USB	A	0.09%	0.15%	0.09%
	V	A	1.21%	1.01%	1.01%
	VEEV	C	0.05%	0.06%	0.05%
	VICI	C	0.02%	0.06%	0.02%
	VLO	C	0.08%	0.09%	0.08%
	VLTO	D	0.05%	0.04%	0.04%
	VMC	B	0.01%	0.07%	0.01%
	VRSK	A	0.01%	0.08%	0.01%
	VRSN	F	0.14%	0.03%	0.03%
	VRT	B	0.0%	0.1%	0.0%
	VRTX	F	0.43%	0.23%	0.23%
	VST	B	0.01%	0.11%	0.01%
	VTR	C	0.01%	0.05%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.58%	0.35%	0.35%
	WAB	B	0.01%	0.07%	0.01%
	WAT	B	0.04%	0.05%	0.04%
	WBD	C	0.07%	0.04%	0.04%
	WDAY	B	0.04%	0.11%	0.04%
	WDC	D	0.01%	0.04%	0.01%
	WEC	A	0.2%	0.06%	0.06%
	WELL	A	0.02%	0.16%	0.02%
	WFC	A	0.28%	0.49%	0.28%
	WLK	D	0.0%	0.01%	0.0%
	WM	A	0.52%	0.17%	0.17%
	WMB	A	0.19%	0.14%	0.14%
	WMT	A	0.76%	0.75%	0.75%
	WRB	A	0.14%	0.04%	0.04%
	WSM	B	0.03%	0.04%	0.03%
	WSO	A	0.03%	0.04%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTW	B	0.07%	0.06%	0.06%
	WY	D	0.02%	0.04%	0.02%
	XEL	A	0.09%	0.08%	0.08%
	XOM	B	0.47%	1.05%	0.47%
	XYL	D	0.01%	0.06%	0.01%
	YUM	B	0.15%	0.07%	0.07%
	ZBH	C	0.01%	0.04%	0.01%
	ZBRA	B	0.01%	0.04%	0.01%
	ZM	B	0.01%	0.04%	0.01%
	ZTS	D	0.15%	0.16%	0.15%

QWLD Overweight 133 Positions Relative to ONOF

	Symbol	Grade	Weight
	NVS	D	0.79%
	UL	D	0.27%
	WCN	A	0.27%
	HSBH	B	0.25%
	MFG	B	0.24%
	CHKP	D	0.17%
	FFIV	B	0.16%
	TM	D	0.15%
	UTHR	C	0.15%
	MUFG	B	0.14%
	GEN	B	0.12%
	JNPR	F	0.12%
	TD	F	0.12%
	E	F	0.12%
	NBIX	C	0.11%
	BCS	C	0.11%
	DEO	F	0.11%
	CNI	D	0.1%
	SMFG	B	0.1%
	LYG	F	0.09%
	AIZ	A	0.08%
	SONY	B	0.08%
	STLA	F	0.08%
	JKHY	D	0.07%
	HMC	F	0.07%
	SJM	D	0.07%
	LOGI	D	0.06%
	DPZ	C	0.06%
	BTI	B	0.05%
	DINO	D	0.05%
	MT	B	0.05%
	SNA	A	0.04%
	WBA	F	0.04%
	MANH	D	0.04%
	PKG	A	0.04%
	GGG	B	0.03%
	POOL	C	0.03%
	PNR	A	0.03%
	SOLV	C	0.03%
	OC	A	0.03%
	ALLY	C	0.02%
	KMX	B	0.02%
	TTC	D	0.02%
	NXPI	D	0.02%
	MKTX	D	0.02%
	NRG	B	0.02%
	ACI	C	0.02%
	AOS	F	0.02%
	SEIC	B	0.02%
	NMR	B	0.02%
	OVV	B	0.02%
	AER	B	0.02%
	MOS	F	0.02%
	AFG	A	0.02%
	PAYC	B	0.02%
	IPG	D	0.02%
	IP	B	0.02%
	DKS	C	0.02%
	EPAM	C	0.02%
	ALLE	D	0.02%
	KEY	B	0.02%
	APA	D	0.02%
	CPT	B	0.01%
	WTRG	B	0.01%
	CTLT	B	0.01%
	MBAVU	D	0.01%
	HST	C	0.01%
	GLPI	C	0.01%
	DVA	B	0.01%
	RPM	A	0.01%
	HII	D	0.01%
	NWSA	B	0.01%
	REG	B	0.01%
	BURL	A	0.01%
	MAS	D	0.01%
	WPC	D	0.01%
	TWLO	A	0.01%
	HSIC	B	0.01%
	BEN	C	0.01%
	CG	A	0.01%
	AES	F	0.01%
	CCEP	C	0.01%
	ACM	A	0.01%
	CHRD	D	0.01%
	CCK	C	0.01%
	AGCO	D	0.01%
	LKQ	D	0.01%
	WFG	D	0.01%
	SE	B	0.01%
	EMN	D	0.01%
	KNX	B	0.01%
	TXT	D	0.01%
	NI	A	0.01%
	KIM	A	0.01%
	ALB	C	0.01%
	EQH	B	0.01%
	UHS	D	0.01%
	FNF	B	0.01%
	CRBG	B	0.01%
	CHRW	C	0.01%
	TAP	C	0.01%
	CNH	C	0.01%
	PARA	C	0.01%
	GLBE	B	0.0%
	XRX	F	0.0%
	TOST	B	0.0%
	H	B	0.0%
	FUTU	D	0.0%
	DT	C	0.0%
	DAY	B	0.0%
	DOCU	A	0.0%
	EXAS	D	0.0%
	PODD	C	0.0%
	GRAB	B	0.0%
	TECH	D	0.0%
	ROKU	D	0.0%
	WYNN	D	0.0%
	ELS	C	0.0%
	RIVN	F	0.0%
	Z	A	0.0%
	MTCH	D	0.0%
	QGEN	D	0.0%
	LW	C	0.0%
	BBWI	D	0.0%
	CRL	C	0.0%
	BIO	D	0.0%
	TFX	F	0.0%
	UDR	B	0.0%
	QRVO	F	0.0%
	OTEX	D	0.0%
	AMH	D	0.0%
	UHAL	D	0.0%
	FBIN	D	0.0%

QWLD Underweight 23 Positions Relative to ONOF

	Symbol	Grade	Weight
	SPOT	B	-0.13%
	FLUT	A	-0.09%
	TEAM	A	-0.08%
	HUBS	A	-0.07%
	ALNY	D	-0.06%
	UAL	A	-0.06%
	MTD	D	-0.05%
	CPNG	D	-0.05%
	CVNA	B	-0.05%
	ZS	C	-0.04%
	IBKR	A	-0.04%
	MDB	C	-0.04%
	SCCO	F	-0.02%
	TKO	B	-0.02%
	DOX	D	-0.02%
	OWL	A	-0.02%
	GFS	C	-0.01%
	WMG	C	-0.01%
	EDR	A	-0.01%
	TPG	A	-0.01%
	SIRI	C	-0.0%
	RKT	F	-0.0%
	AGR	B	-0.0%

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors Capital Markets Oil & Gas E&P Software - Infrastructure Specialty Retail Aerospace & Defense Banks - Regional - US Drug Manufacturers - Major REIT - Residential Specialty Chemicals Biotechnology Insurance - Property & Casualty Packaged Foods Banks - Global

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

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Asset Management Diagnostics & Research Capital Markets Software - Infrastructure Specialty Retail Banks - Regional - US Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Insurance - Property & Casualty Internet Content & Information Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Insurance Electricity Electronics Aerospace Semiconductor Telecommunications Medicine Bank Cloud Computing Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust