QWLD vs. QUS ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to SPDR MSCI USA Quality Mix ETF (QUS)

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

$126.49

Average Daily Volume

3,777

Number of Holdings ^*

609

* may have additional holdings in another (foreign) market

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

$158.65

Average Daily Volume

14,758

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	QUS
30 Days	-2.19%	-0.90%
60 Days	-0.95%	1.77%
90 Days	1.55%	3.95%
12 Months	22.29%	28.21%

578 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in QUS	Overlap
	A	D	0.07%	0.11%	0.07%
	AAPL	C	2.5%	3.19%	2.5%
	ABBV	F	0.16%	0.58%	0.16%
	ABBV	F	0.41%	0.58%	0.41%
	ABNB	C	0.01%	0.02%	0.01%
	ABT	B	0.09%	0.15%	0.09%
	ACGL	C	0.25%	0.37%	0.25%
	ACI	C	0.02%	0.03%	0.02%
	ACM	B	0.01%	0.01%	0.01%
	ACN	C	0.65%	1.16%	0.65%
	ADBE	F	0.42%	0.69%	0.42%
	ADI	D	0.04%	0.15%	0.04%
	ADM	D	0.05%	0.08%	0.05%
	ADP	B	0.26%	0.54%	0.26%
	ADSK	B	0.1%	0.16%	0.1%
	AEE	A	0.08%	0.11%	0.08%
	AEP	C	0.07%	0.18%	0.07%
	AES	F	0.01%	0.01%	0.01%
	AFG	A	0.02%	0.15%	0.02%
	AFL	C	0.12%	0.21%	0.12%
	AIG	B	0.07%	0.12%	0.07%
	AIZ	A	0.08%	0.12%	0.08%
	AJG	A	0.18%	0.45%	0.18%
	AKAM	F	0.13%	0.14%	0.13%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	D	0.0%	0.01%	0.0%
	ALL	A	0.07%	0.06%	0.06%
	ALLE	D	0.02%	0.04%	0.02%
	ALLY	C	0.02%	0.03%	0.02%
	AMAT	F	0.32%	0.53%	0.32%
	AMCR	C	0.08%	0.02%	0.02%
	AMD	F	0.04%	0.07%	0.04%
	AME	A	0.01%	0.02%	0.01%
	AMGN	D	0.18%	0.31%	0.18%
	AMH	C	0.0%	0.01%	0.0%
	AMP	A	0.09%	0.04%	0.04%
	AMT	D	0.02%	0.04%	0.02%
	AMZN	B	0.37%	0.69%	0.37%
	ANET	C	0.21%	0.41%	0.21%
	ANSS	B	0.0%	0.01%	0.0%
	AON	A	0.17%	0.21%	0.17%
	AOS	F	0.02%	0.03%	0.02%
	APA	F	0.03%	0.04%	0.03%
	APD	A	0.03%	0.04%	0.03%
	APH	B	0.43%	0.73%	0.43%
	APO	A	0.02%	0.03%	0.02%
	APP	A	0.0%	0.01%	0.0%
	APTV	F	0.01%	0.02%	0.01%
	ARE	D	0.01%	0.02%	0.01%
	ARES	B	0.01%	0.01%	0.01%
	ATO	A	0.01%	0.04%	0.01%
	AVB	A	0.01%	0.02%	0.01%
	AVGO	C	0.12%	0.63%	0.12%
	AVTR	F	0.01%	0.01%	0.01%
	AVY	D	0.03%	0.01%	0.01%
	AWK	C	0.01%	0.02%	0.01%
	AXON	A	0.0%	0.0%	0.0%
	AXP	A	0.06%	0.1%	0.06%
	AZO	C	0.29%	0.35%	0.29%
	BA	F	0.01%	0.02%	0.01%
	BAC	A	0.38%	0.66%	0.38%
	BAH	D	0.18%	0.24%	0.18%
	BALL	D	0.01%	0.02%	0.01%
	BAX	F	0.01%	0.02%	0.01%
	BBWI	C	0.0%	0.01%	0.0%
	BBY	C	0.05%	0.09%	0.05%
	BDX	F	0.08%	0.24%	0.08%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.02%	0.04%	0.02%
	BIIB	F	0.01%	0.02%	0.01%
	BIO	C	0.0%	0.01%	0.0%
	BK	A	0.05%	0.09%	0.05%
	BKNG	A	0.03%	0.04%	0.03%
	BKR	A	0.02%	0.04%	0.02%
	BLDR	D	0.04%	0.08%	0.04%
	BMRN	F	0.07%	0.08%	0.07%
	BMY	B	0.21%	0.32%	0.21%
	BR	A	0.04%	0.03%	0.03%
	BRK.A	A	0.72%	1.06%	0.72%
	BRO	B	0.14%	0.01%	0.01%
	BSX	B	0.02%	0.04%	0.02%
	BSY	D	0.01%	0.0%	0.0%
	BURL	C	0.01%	0.01%	0.01%
	BX	A	0.03%	0.04%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.44%	0.25%
	CAG	F	0.04%	0.02%	0.02%
	CAH	B	0.12%	0.12%	0.12%
	CARR	D	0.02%	0.04%	0.02%
	CAT	B	0.39%	0.63%	0.39%
	CB	C	0.38%	0.62%	0.38%
	CBOE	D	0.24%	0.28%	0.24%
	CBRE	B	0.03%	0.05%	0.03%
	CCI	D	0.01%	0.03%	0.01%
	CCK	D	0.01%	0.02%	0.01%
	CCL	A	0.01%	0.01%	0.01%
	CDNS	B	0.14%	0.29%	0.14%
	CDW	F	0.08%	0.21%	0.08%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.02%	0.03%	0.02%
	CF	A	0.12%	0.03%	0.03%
	CFG	A	0.04%	0.06%	0.04%
	CG	B	0.01%	0.01%	0.01%
	CHD	A	0.18%	0.14%	0.14%
	CHRD	F	0.01%	0.01%	0.01%
	CHRW	A	0.01%	0.02%	0.01%
	CHTR	B	0.06%	0.09%	0.06%
	CI	D	0.17%	0.23%	0.17%
	CINF	A	0.02%	0.03%	0.02%
	CL	D	0.19%	0.16%	0.16%
	CLX	A	0.01%	0.01%	0.01%
	CMCSA	B	0.17%	0.42%	0.17%
	CME	A	0.15%	0.22%	0.15%
	CMG	B	0.13%	0.22%	0.13%
	CMI	A	0.09%	0.16%	0.09%
	CMS	C	0.05%	0.08%	0.05%
	CNC	F	0.05%	0.09%	0.05%
	CNH	D	0.02%	0.02%	0.02%
	CNP	A	0.01%	0.02%	0.01%
	COF	A	0.1%	0.16%	0.1%
	COIN	A	0.01%	0.01%	0.01%
	COP	C	0.1%	0.16%	0.1%
	COR	B	0.42%	0.36%	0.36%
	COST	B	0.75%	1.33%	0.75%
	CPAY	A	0.01%	0.02%	0.01%
	CPB	D	0.09%	0.12%	0.09%
	CPRT	A	0.08%	0.14%	0.08%
	CPT	D	0.0%	0.01%	0.0%
	CRBG	B	0.01%	0.02%	0.01%
	CRL	D	0.0%	0.01%	0.0%
	CRM	A	0.05%	0.11%	0.05%
	CRWD	B	0.0%	0.06%	0.0%
	CSCO	B	1.02%	1.32%	1.02%
	CSGP	F	0.0%	0.01%	0.0%
	CSL	B	0.03%	0.01%	0.01%
	CSX	B	0.12%	0.05%	0.05%
	CTAS	B	0.14%	0.24%	0.14%
	CTLT	C	0.01%	0.01%	0.01%
	CTRA	A	0.02%	0.03%	0.02%
	CTSH	B	0.21%	0.4%	0.21%
	CTVA	D	0.05%	0.17%	0.05%
	CVS	F	0.18%	0.3%	0.18%
	CVX	A	0.31%	0.52%	0.31%
	D	C	0.06%	0.13%	0.06%
	DAL	A	0.01%	0.01%	0.01%
	DASH	B	0.0%	0.01%	0.0%
	DAY	B	0.0%	0.0%	0.0%
	DD	D	0.02%	0.04%	0.02%
	DDOG	B	0.0%	0.0%	0.0%
	DE	D	0.06%	0.1%	0.06%
	DECK	A	0.05%	0.08%	0.05%
	DELL	C	0.01%	0.06%	0.01%
	DFS	A	0.04%	0.07%	0.04%
	DG	F	0.01%	0.02%	0.01%
	DGX	A	0.1%	0.06%	0.06%
	DHI	D	0.11%	0.19%	0.11%
	DHR	D	0.05%	0.09%	0.05%
	DINO	D	0.05%	0.02%	0.02%
	DIS	A	0.08%	0.15%	0.08%
	DKNG	B	0.0%	0.0%	0.0%
	DKS	D	0.02%	0.01%	0.01%
	DLR	A	0.02%	0.04%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	D	0.01%	0.01%	0.01%
	DOCU	A	0.0%	0.0%	0.0%
	DOV	A	0.05%	0.02%	0.02%
	DOW	F	0.04%	0.06%	0.04%
	DPZ	C	0.06%	0.07%	0.06%
	DRI	B	0.03%	0.01%	0.01%
	DT	C	0.0%	0.0%	0.0%
	DTE	C	0.02%	0.09%	0.02%
	DUK	C	0.36%	0.59%	0.36%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.03%	0.04%	0.03%
	DXCM	C	0.0%	0.0%	0.0%
	EA	A	0.19%	0.3%	0.19%
	EBAY	D	0.01%	0.02%	0.01%
	ECL	D	0.01%	0.02%	0.01%
	ED	D	0.36%	0.42%	0.36%
	EFX	F	0.01%	0.01%	0.01%
	EG	D	0.06%	0.17%	0.06%
	EIX	C	0.02%	0.04%	0.02%
	EL	F	0.01%	0.01%	0.01%
	ELS	B	0.0%	0.0%	0.0%
	ELV	F	0.22%	0.3%	0.22%
	EME	B	0.04%	0.08%	0.04%
	EMN	C	0.01%	0.02%	0.01%
	EMR	A	0.03%	0.05%	0.03%
	ENPH	F	0.02%	0.03%	0.02%
	ENTG	F	0.0%	0.01%	0.0%
	EOG	A	0.05%	0.15%	0.05%
	EPAM	B	0.02%	0.04%	0.02%
	EQH	B	0.01%	0.02%	0.01%
	EQIX	B	0.01%	0.02%	0.01%
	EQR	C	0.01%	0.02%	0.01%
	EQT	A	0.01%	0.03%	0.01%
	ERIE	F	0.12%	0.17%	0.12%
	ES	C	0.01%	0.02%	0.01%
	ESS	A	0.01%	0.01%	0.01%
	ETN	A	0.03%	0.05%	0.03%
	ETR	A	0.03%	0.05%	0.03%
	EVRG	A	0.01%	0.02%	0.01%
	EW	C	0.07%	0.12%	0.07%
	EXAS	F	0.0%	0.0%	0.0%
	EXC	C	0.03%	0.05%	0.03%
	EXPD	D	0.04%	0.06%	0.04%
	EXPE	A	0.01%	0.02%	0.01%
	EXR	C	0.01%	0.02%	0.01%
	F	C	0.09%	0.16%	0.09%
	FANG	D	0.09%	0.22%	0.09%
	FAST	B	0.09%	0.15%	0.09%
	FBIN	D	0.01%	0.01%	0.01%
	FCNCA	A	0.12%	0.32%	0.12%
	FCX	F	0.03%	0.04%	0.03%
	FDS	A	0.03%	0.05%	0.03%
	FDX	A	0.07%	0.11%	0.07%
	FE	C	0.01%	0.02%	0.01%
	FFIV	B	0.16%	0.23%	0.16%
	FI	A	0.08%	0.3%	0.08%
	FICO	A	0.04%	0.21%	0.04%
	FIS	B	0.02%	0.03%	0.02%
	FITB	A	0.03%	0.06%	0.03%
	FNF	C	0.01%	0.02%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.01%	0.02%	0.01%
	FSLR	F	0.01%	0.03%	0.01%
	FTNT	A	0.01%	0.01%	0.01%
	FTV	D	0.01%	0.02%	0.01%
	GD	D	0.19%	0.07%	0.07%
	GDDY	A	0.23%	0.32%	0.23%
	GE	D	0.31%	0.11%	0.11%
	GEHC	D	0.02%	0.03%	0.02%
	GEN	B	0.12%	0.13%	0.12%
	GEV	A	0.02%	0.05%	0.02%
	GGG	A	0.03%	0.05%	0.03%
	GILD	B	0.25%	0.46%	0.25%
	GIS	D	0.33%	0.26%	0.26%
	GLPI	D	0.01%	0.01%	0.01%
	GLW	B	0.02%	0.14%	0.02%
	GM	A	0.18%	0.3%	0.18%
	GOOG	B	0.95%	1.13%	0.95%
	GOOGL	B	1.08%	1.22%	1.08%
	GPC	D	0.05%	0.02%	0.02%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.2%	0.05%
	GS	A	0.17%	0.29%	0.17%
	GWW	A	0.11%	0.2%	0.11%
	H	B	0.0%	0.0%	0.0%
	HAL	C	0.02%	0.03%	0.02%
	HBAN	A	0.03%	0.05%	0.03%
	HCA	D	0.04%	0.06%	0.04%
	HD	A	0.14%	0.34%	0.14%
	HEI	A	0.0%	0.0%	0.0%
	HEI	A	0.0%	0.0%	0.0%
	HEI	A	0.0%	0.0%	0.0%
	HEI	A	0.0%	0.0%	0.0%
	HES	B	0.01%	0.02%	0.01%
	HIG	C	0.03%	0.09%	0.03%
	HII	F	0.01%	0.01%	0.01%
	HLT	A	0.01%	0.01%	0.01%
	HOLX	D	0.01%	0.07%	0.01%
	HON	A	0.25%	0.49%	0.25%
	HOOD	A	0.0%	0.0%	0.0%
	HPE	B	0.04%	0.06%	0.04%
	HPQ	B	0.04%	0.07%	0.04%
	HRL	D	0.09%	0.08%	0.08%
	HSIC	D	0.01%	0.01%	0.01%
	HST	D	0.01%	0.01%	0.01%
	HSY	F	0.16%	0.18%	0.16%
	HUBB	B	0.04%	0.07%	0.04%
	HUM	F	0.16%	0.2%	0.16%
	HWM	A	0.01%	0.01%	0.01%
	IBM	D	0.48%	0.69%	0.48%
	ICE	D	0.03%	0.14%	0.03%
	IDXX	F	0.07%	0.12%	0.07%
	IEX	B	0.03%	0.05%	0.03%
	IFF	D	0.01%	0.02%	0.01%
	ILMN	C	0.0%	0.01%	0.0%
	INCY	B	0.16%	0.22%	0.16%
	INTC	C	0.1%	0.18%	0.1%
	INTU	A	0.25%	0.04%	0.04%
	INVH	D	0.01%	0.01%	0.01%
	IOT	B	0.0%	0.0%	0.0%
	IP	A	0.02%	0.04%	0.02%
	IPG	F	0.02%	0.02%	0.02%
	IQV	F	0.01%	0.02%	0.01%
	IR	A	0.01%	0.02%	0.01%
	IRM	D	0.01%	0.01%	0.01%
	ISRG	A	0.25%	0.03%	0.03%
	IT	B	0.04%	0.13%	0.04%
	ITW	B	0.14%	0.27%	0.14%
	J	D	0.01%	0.02%	0.01%
	JBHT	B	0.03%	0.05%	0.03%
	JBL	C	0.02%	0.03%	0.02%
	JCI	A	0.03%	0.05%	0.03%
	JKHY	D	0.07%	0.04%	0.04%
	JNJ	D	1.11%	1.62%	1.11%
	JNPR	D	0.13%	0.17%	0.13%
	JPM	A	0.59%	1.01%	0.59%
	K	B	0.22%	0.28%	0.22%
	KDP	D	0.14%	0.24%	0.14%
	KEY	A	0.03%	0.04%	0.03%
	KEYS	C	0.18%	0.28%	0.18%
	KHC	F	0.21%	0.18%	0.18%
	KIM	A	0.01%	0.02%	0.01%
	KKR	A	0.02%	0.04%	0.02%
	KLAC	F	0.16%	0.32%	0.16%
	KMB	C	0.11%	0.1%	0.1%
	KMI	A	0.04%	0.06%	0.04%
	KMX	B	0.01%	0.03%	0.01%
	KNX	B	0.01%	0.04%	0.01%
	KO	D	0.57%	0.82%	0.57%
	KR	B	0.32%	0.32%	0.32%
	KVUE	A	0.08%	0.04%	0.04%
	L	A	0.17%	0.12%	0.12%
	LDOS	C	0.01%	0.02%	0.01%
	LEN	D	0.09%	0.06%	0.06%
	LH	B	0.02%	0.03%	0.02%
	LHX	B	0.03%	0.04%	0.03%
	LII	B	0.0%	0.01%	0.0%
	LIN	D	0.06%	0.15%	0.06%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	1.17%	2.09%	1.17%
	LMT	D	0.43%	0.75%	0.43%
	LNG	A	0.05%	0.05%	0.05%
	LNT	A	0.03%	0.05%	0.03%
	LOW	A	0.07%	0.12%	0.07%
	LPLA	A	0.04%	0.07%	0.04%
	LRCX	F	0.2%	0.33%	0.2%
	LULU	C	0.07%	0.12%	0.07%
	LUV	A	0.0%	0.01%	0.0%
	LVS	C	0.0%	0.01%	0.0%
	LW	C	0.0%	0.03%	0.0%
	LYB	F	0.03%	0.04%	0.03%
	LYV	A	0.0%	0.01%	0.0%
	MA	A	0.7%	1.66%	0.7%
	MAA	A	0.01%	0.01%	0.01%
	MANH	D	0.04%	0.07%	0.04%
	MAR	A	0.01%	0.02%	0.01%
	MAS	D	0.01%	0.01%	0.01%
	MCD	D	0.41%	0.5%	0.41%
	MCHP	F	0.06%	0.11%	0.06%
	MCK	A	0.51%	0.6%	0.51%
	MCO	C	0.12%	0.21%	0.12%
	MDLZ	F	0.15%	0.22%	0.15%
	MDT	D	0.06%	0.15%	0.06%
	MELI	D	0.01%	0.07%	0.01%
	MET	A	0.05%	0.08%	0.05%
	META	C	2.14%	2.41%	2.14%
	MGM	D	0.01%	0.01%	0.01%
	MKC	D	0.01%	0.01%	0.01%
	MKL	A	0.12%	0.14%	0.12%
	MKTX	C	0.02%	0.03%	0.02%
	MLM	B	0.01%	0.02%	0.01%
	MMC	C	0.51%	0.68%	0.51%
	MMM	D	0.14%	0.28%	0.14%
	MNST	D	0.07%	0.12%	0.07%
	MO	A	0.04%	0.06%	0.04%
	MOH	F	0.06%	0.14%	0.06%
	MOS	D	0.02%	0.03%	0.02%
	MPC	D	0.17%	0.31%	0.17%
	MPWR	F	0.06%	0.1%	0.06%
	MRK	F	0.44%	0.48%	0.44%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	A	0.02%	0.04%	0.02%
	MRVL	B	0.01%	0.02%	0.01%
	MS	A	0.11%	0.19%	0.11%
	MSCI	A	0.0%	0.01%	0.0%
	MSFT	D	2.29%	2.68%	2.29%
	MSI	A	0.61%	0.64%	0.61%
	MSTR	B	0.0%	0.0%	0.0%
	MTB	A	0.05%	0.08%	0.05%
	MTCH	F	0.0%	0.01%	0.0%
	MU	D	0.04%	0.08%	0.04%
	NBIX	D	0.11%	0.12%	0.11%
	NDAQ	A	0.01%	0.02%	0.01%
	NDSN	B	0.02%	0.01%	0.01%
	NEE	C	0.05%	0.09%	0.05%
	NEM	F	0.04%	0.2%	0.04%
	NET	C	0.0%	0.0%	0.0%
	NFLX	A	0.51%	0.13%	0.13%
	NI	A	0.01%	0.02%	0.01%
	NKE	D	0.16%	0.27%	0.16%
	NOC	D	0.33%	0.57%	0.33%
	NOW	B	0.01%	0.26%	0.01%
	NRG	B	0.02%	0.03%	0.02%
	NSC	B	0.03%	0.05%	0.03%
	NTAP	D	0.04%	0.16%	0.04%
	NTRS	A	0.02%	0.03%	0.02%
	NUE	D	0.05%	0.08%	0.05%
	NVDA	B	2.56%	2.8%	2.56%
	NVR	D	0.06%	0.11%	0.06%
	NWSA	B	0.01%	0.01%	0.01%
	NXPI	F	0.02%	0.03%	0.02%
	O	D	0.02%	0.04%	0.02%
	OC	A	0.03%	0.02%	0.02%
	ODFL	B	0.08%	0.14%	0.08%
	OKE	A	0.03%	0.05%	0.03%
	OKTA	D	0.0%	0.0%	0.0%
	OMC	C	0.04%	0.07%	0.04%
	ON	F	0.01%	0.02%	0.01%
	ORCL	A	0.25%	0.54%	0.25%
	ORLY	A	0.24%	0.25%	0.24%
	OTIS	D	0.01%	0.04%	0.01%
	OVV	C	0.02%	0.03%	0.02%
	OXY	F	0.03%	0.1%	0.03%
	PANW	B	0.18%	0.31%	0.18%
	PARA	C	0.02%	0.03%	0.02%
	PAYC	B	0.02%	0.04%	0.02%
	PAYX	B	0.1%	0.17%	0.1%
	PCAR	B	0.11%	0.06%	0.06%
	PCG	A	0.03%	0.06%	0.03%
	PEG	C	0.02%	0.04%	0.02%
	PEP	F	0.79%	1.03%	0.79%
	PFE	F	0.19%	0.34%	0.19%
	PFG	C	0.02%	0.03%	0.02%
	PG	C	0.89%	0.57%	0.57%
	PGR	B	0.35%	0.65%	0.35%
	PH	A	0.02%	0.04%	0.02%
	PHM	D	0.06%	0.11%	0.06%
	PINS	F	0.0%	0.0%	0.0%
	PKG	B	0.04%	0.09%	0.04%
	PLD	D	0.04%	0.08%	0.04%
	PLTR	A	0.0%	0.01%	0.0%
	PM	A	0.07%	0.11%	0.07%
	PNC	A	0.09%	0.16%	0.09%
	PNR	A	0.03%	0.01%	0.01%
	PODD	A	0.0%	0.0%	0.0%
	POOL	D	0.03%	0.04%	0.03%
	PPG	F	0.01%	0.02%	0.01%
	PPL	A	0.01%	0.02%	0.01%
	PRU	A	0.05%	0.08%	0.05%
	PSA	C	0.08%	0.14%	0.08%
	PSTG	F	0.0%	0.0%	0.0%
	PSX	C	0.13%	0.14%	0.13%
	PTC	B	0.08%	0.18%	0.08%
	PWR	A	0.01%	0.02%	0.01%
	PYPL	A	0.04%	0.07%	0.04%
	QCOM	F	0.34%	0.57%	0.34%
	QRVO	F	0.0%	0.01%	0.0%
	RBLX	B	0.0%	0.0%	0.0%
	RCL	A	0.01%	0.01%	0.01%
	REG	A	0.01%	0.01%	0.01%
	REGN	F	0.33%	0.27%	0.27%
	RF	A	0.03%	0.06%	0.03%
	RIVN	F	0.0%	0.01%	0.0%
	RJF	A	0.02%	0.03%	0.02%
	RMD	C	0.05%	0.1%	0.05%
	ROK	A	0.06%	0.09%	0.06%
	ROKU	D	0.0%	0.0%	0.0%
	ROL	A	0.08%	0.17%	0.08%
	ROP	C	0.49%	0.47%	0.47%
	ROST	D	0.02%	0.03%	0.02%
	RPM	A	0.01%	0.01%	0.01%
	RPRX	F	0.01%	0.01%	0.01%
	RS	B	0.02%	0.03%	0.02%
	RSG	B	0.45%	0.53%	0.45%
	RTX	D	0.09%	0.19%	0.09%
	RVTY	D	0.01%	0.02%	0.01%
	SBAC	D	0.01%	0.01%	0.01%
	SBUX	A	0.04%	0.06%	0.04%
	SCHW	A	0.04%	0.06%	0.04%
	SEIC	A	0.02%	0.03%	0.02%
	SHW	B	0.14%	0.26%	0.14%
	SJM	F	0.07%	0.02%	0.02%
	SLB	C	0.03%	0.05%	0.03%
	SMCI	F	0.02%	0.03%	0.02%
	SNA	A	0.04%	0.06%	0.04%
	SNAP	D	0.0%	0.0%	0.0%
	SNOW	C	0.0%	0.0%	0.0%
	SNPS	C	0.13%	0.29%	0.13%
	SO	C	0.45%	0.53%	0.45%
	SOLV	C	0.03%	0.06%	0.03%
	SPG	A	0.02%	0.03%	0.02%
	SPGI	C	0.03%	0.06%	0.03%
	SQ	A	0.01%	0.02%	0.01%
	SRE	A	0.03%	0.06%	0.03%
	SSNC	D	0.01%	0.02%	0.01%
	STE	D	0.01%	0.01%	0.01%
	STLD	B	0.03%	0.04%	0.03%
	STT	A	0.03%	0.06%	0.03%
	STX	D	0.01%	0.07%	0.01%
	STZ	D	0.01%	0.02%	0.01%
	SUI	D	0.01%	0.01%	0.01%
	SW	A	0.03%	0.03%	0.03%
	SWK	F	0.01%	0.02%	0.01%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	A	0.04%	0.06%	0.04%
	SYK	A	0.03%	0.05%	0.03%
	SYY	D	0.03%	0.05%	0.03%
	T	A	0.38%	0.66%	0.38%
	TAP	A	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.01%	0.01%
	TDY	B	0.06%	0.22%	0.06%
	TECH	D	0.0%	0.0%	0.0%
	TER	F	0.03%	0.05%	0.03%
	TFC	A	0.09%	0.15%	0.09%
	TFX	F	0.0%	0.01%	0.0%
	TGT	D	0.14%	0.1%	0.1%
	TJX	A	0.33%	0.54%	0.33%
	TMO	D	0.06%	0.11%	0.06%
	TMUS	A	0.73%	0.76%	0.73%
	TOST	A	0.0%	0.0%	0.0%
	TPL	A	0.05%	0.09%	0.05%
	TRGP	A	0.04%	0.03%	0.03%
	TRMB	A	0.01%	0.01%	0.01%
	TROW	A	0.05%	0.09%	0.05%
	TRU	D	0.01%	0.01%	0.01%
	TRV	A	0.29%	0.45%	0.29%
	TSCO	D	0.06%	0.09%	0.06%
	TSLA	B	0.14%	0.27%	0.14%
	TSN	A	0.13%	0.27%	0.13%
	TT	A	0.14%	0.26%	0.14%
	TTC	D	0.02%	0.03%	0.02%
	TTD	B	0.0%	0.01%	0.0%
	TTWO	A	0.01%	0.01%	0.01%
	TW	B	0.0%	0.07%	0.0%
	TWLO	A	0.01%	0.01%	0.01%
	TXN	C	0.51%	1.13%	0.51%
	TXT	D	0.01%	0.02%	0.01%
	TYL	B	0.0%	0.01%	0.0%
	UBER	C	0.01%	0.17%	0.01%
	UDR	C	0.0%	0.01%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.01%	0.02%	0.01%
	ULTA	D	0.07%	0.08%	0.07%
	UNH	B	1.34%	2.25%	1.34%
	UNP	D	0.27%	0.08%	0.08%
	UPS	C	0.07%	0.11%	0.07%
	URI	B	0.02%	0.04%	0.02%
	USB	B	0.09%	0.16%	0.09%
	UTHR	B	0.16%	0.11%	0.11%
	V	A	1.19%	1.85%	1.19%
	VEEV	C	0.05%	0.09%	0.05%
	VICI	C	0.02%	0.04%	0.02%
	VLO	C	0.07%	0.14%	0.07%
	VLTO	D	0.05%	0.08%	0.05%
	VMC	B	0.01%	0.02%	0.01%
	VRSK	B	0.01%	0.15%	0.01%
	VRSN	D	0.14%	0.22%	0.14%
	VRT	A	0.0%	0.01%	0.0%
	VRTX	C	0.45%	0.62%	0.45%
	VST	A	0.01%	0.02%	0.01%
	VTR	C	0.01%	0.02%	0.01%
	VTRS	A	0.03%	0.05%	0.03%
	VZ	C	0.56%	0.77%	0.56%
	WAB	B	0.01%	0.02%	0.01%
	WAT	B	0.04%	0.07%	0.04%
	WBA	F	0.04%	0.07%	0.04%
	WBD	B	0.06%	0.11%	0.06%
	WCN	A	0.26%	0.52%	0.26%
	WDAY	B	0.04%	0.15%	0.04%
	WDC	F	0.01%	0.02%	0.01%
	WEC	A	0.19%	0.28%	0.19%
	WELL	A	0.02%	0.04%	0.02%
	WFC	A	0.27%	0.46%	0.27%
	WLK	F	0.0%	0.01%	0.0%
	WM	B	0.52%	0.52%	0.52%
	WMB	A	0.19%	0.14%	0.14%
	WMT	A	0.75%	0.93%	0.75%
	WPC	D	0.01%	0.01%	0.01%
	WRB	A	0.14%	0.12%	0.12%
	WSM	F	0.03%	0.06%	0.03%
	WSO	A	0.03%	0.06%	0.03%
	WST	C	0.04%	0.06%	0.04%
	WTRG	C	0.01%	0.01%	0.01%
	WTW	B	0.07%	0.15%	0.07%
	WY	D	0.02%	0.03%	0.02%
	WYNN	D	0.0%	0.0%	0.0%
	XEL	A	0.08%	0.19%	0.08%
	XOM	B	0.47%	0.81%	0.47%
	XYL	D	0.01%	0.01%	0.01%
	YUM	D	0.15%	0.19%	0.15%
	Z	A	0.0%	0.01%	0.0%
	ZBH	C	0.01%	0.02%	0.01%
	ZBRA	B	0.01%	0.01%	0.01%
	ZM	B	0.01%	0.01%	0.01%
	ZTS	D	0.15%	0.24%	0.15%

QWLD Overweight 33 Positions Relative to QUS

	Symbol	Grade	Weight
	NVS	D	0.81%
	UL	D	0.27%
	HSBH	A	0.25%
	MFG	A	0.22%
	CHKP	D	0.17%
	TM	F	0.14%
	MUFG	A	0.13%
	TD	D	0.12%
	E	F	0.12%
	DEO	F	0.11%
	BCS	A	0.11%
	SMFG	A	0.1%
	CNI	F	0.1%
	LYG	C	0.09%
	SONY	D	0.08%
	STLA	F	0.08%
	HMC	F	0.07%
	LOGI	F	0.06%
	MT	B	0.05%
	BTI	C	0.04%
	NMR	B	0.02%
	AER	B	0.02%
	MBAVU	A	0.01%
	CCEP	D	0.01%
	AGCO	D	0.01%
	SE	B	0.01%
	WFG	D	0.01%
	GLBE	B	0.0%
	XRX	F	0.0%
	FUTU	C	0.0%
	GRAB	A	0.0%
	QGEN	D	0.0%
	OTEX	F	0.0%

QWLD Underweight 7 Positions Relative to QUS

	Symbol	Grade	Weight
	HUBS	A	-0.08%
	ALNY	D	-0.08%
	MTD	F	-0.01%
	CELH	F	-0.0%
	ZS	B	-0.0%
	TEAM	A	-0.0%
	MDB	C	-0.0%

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management 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

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