QWLD vs. SSO ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to ProShares Ultra S&P500 (SSO)

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

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.93

Average Daily Volume

2,157,685

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	SSO
30 Days	-2.19%	0.48%
60 Days	-0.95%	7.52%
90 Days	1.55%	10.14%
12 Months	22.29%	60.14%

483 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in SSO	Overlap
	A	D	0.07%	0.05%	0.05%
	AAPL	C	2.5%	4.38%	2.5%
	ABBV	F	0.41%	0.45%	0.41%
	ABBV	F	0.16%	0.45%	0.16%
	ABNB	C	0.01%	0.08%	0.01%
	ABT	B	0.09%	0.26%	0.09%
	ACGL	C	0.25%	0.05%	0.05%
	ACN	C	0.65%	0.28%	0.28%
	ADBE	F	0.42%	0.28%	0.28%
	ADI	D	0.04%	0.14%	0.04%
	ADM	D	0.05%	0.03%	0.03%
	ADP	B	0.26%	0.16%	0.16%
	ADSK	B	0.1%	0.08%	0.08%
	AEE	A	0.08%	0.03%	0.03%
	AEP	C	0.07%	0.07%	0.07%
	AES	F	0.01%	0.01%	0.01%
	AFL	C	0.12%	0.07%	0.07%
	AIG	B	0.07%	0.06%	0.06%
	AIZ	A	0.08%	0.01%	0.01%
	AJG	A	0.18%	0.08%	0.08%
	AKAM	F	0.13%	0.02%	0.02%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	D	0.0%	0.02%	0.0%
	ALL	A	0.07%	0.07%	0.07%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.32%	0.2%	0.2%
	AMCR	C	0.08%	0.02%	0.02%
	AMD	F	0.04%	0.3%	0.04%
	AME	A	0.01%	0.06%	0.01%
	AMGN	D	0.18%	0.22%	0.18%
	AMP	A	0.09%	0.07%	0.07%
	AMT	D	0.02%	0.12%	0.02%
	AMZN	B	0.37%	2.47%	0.37%
	ANET	C	0.21%	0.13%	0.13%
	ANSS	B	0.0%	0.04%	0.0%
	AON	A	0.17%	0.11%	0.11%
	AOS	F	0.02%	0.01%	0.01%
	APA	F	0.03%	0.01%	0.01%
	APD	A	0.03%	0.09%	0.03%
	APH	B	0.43%	0.11%	0.11%
	APTV	F	0.01%	0.02%	0.01%
	ARE	D	0.01%	0.02%	0.01%
	ATO	A	0.01%	0.03%	0.01%
	AVB	A	0.01%	0.04%	0.01%
	AVGO	C	0.12%	1.09%	0.12%
	AVY	D	0.03%	0.02%	0.02%
	AWK	C	0.01%	0.03%	0.01%
	AXON	A	0.0%	0.05%	0.0%
	AXP	A	0.06%	0.21%	0.06%
	AZO	C	0.29%	0.07%	0.07%
	BA	F	0.01%	0.14%	0.01%
	BAC	A	0.38%	0.39%	0.38%
	BALL	D	0.01%	0.02%	0.01%
	BAX	F	0.01%	0.02%	0.01%
	BBY	C	0.05%	0.02%	0.02%
	BDX	F	0.08%	0.09%	0.08%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.02%	0.02%	0.02%
	BIIB	F	0.01%	0.03%	0.01%
	BK	A	0.05%	0.07%	0.05%
	BKNG	A	0.03%	0.21%	0.03%
	BKR	A	0.02%	0.05%	0.02%
	BLDR	D	0.04%	0.03%	0.03%
	BMY	B	0.21%	0.14%	0.14%
	BR	A	0.04%	0.03%	0.03%
	BRK.A	A	0.72%	1.08%	0.72%
	BRO	B	0.14%	0.03%	0.03%
	BSX	B	0.02%	0.16%	0.02%
	BX	A	0.03%	0.16%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.17%	0.17%
	CAG	F	0.04%	0.02%	0.02%
	CAH	B	0.12%	0.04%	0.04%
	CARR	D	0.02%	0.08%	0.02%
	CAT	B	0.39%	0.24%	0.24%
	CB	C	0.38%	0.13%	0.13%
	CBOE	D	0.24%	0.03%	0.03%
	CBRE	B	0.03%	0.05%	0.03%
	CCI	D	0.01%	0.06%	0.01%
	CCL	A	0.01%	0.03%	0.01%
	CDNS	B	0.14%	0.1%	0.1%
	CDW	F	0.08%	0.03%	0.03%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.02%	0.09%	0.02%
	CF	A	0.12%	0.02%	0.02%
	CFG	A	0.04%	0.03%	0.03%
	CHD	A	0.18%	0.03%	0.03%
	CHRW	A	0.01%	0.02%	0.01%
	CHTR	B	0.06%	0.05%	0.05%
	CI	D	0.17%	0.11%	0.11%
	CINF	A	0.02%	0.03%	0.02%
	CL	D	0.19%	0.1%	0.1%
	CLX	A	0.01%	0.03%	0.01%
	CMCSA	B	0.17%	0.22%	0.17%
	CME	A	0.15%	0.1%	0.1%
	CMG	B	0.13%	0.1%	0.1%
	CMI	A	0.09%	0.06%	0.06%
	CMS	C	0.05%	0.03%	0.03%
	CNC	F	0.05%	0.04%	0.04%
	CNP	A	0.01%	0.03%	0.01%
	COF	A	0.1%	0.09%	0.09%
	COP	C	0.1%	0.16%	0.1%
	COR	B	0.42%	0.05%	0.05%
	COST	B	0.75%	0.53%	0.53%
	CPAY	A	0.01%	0.03%	0.01%
	CPB	D	0.09%	0.01%	0.01%
	CPRT	A	0.08%	0.06%	0.06%
	CPT	D	0.0%	0.02%	0.0%
	CRL	D	0.0%	0.01%	0.0%
	CRM	A	0.05%	0.4%	0.05%
	CRWD	B	0.0%	0.1%	0.0%
	CSCO	B	1.02%	0.3%	0.3%
	CSGP	F	0.0%	0.04%	0.0%
	CSX	B	0.12%	0.09%	0.09%
	CTAS	B	0.14%	0.1%	0.1%
	CTLT	C	0.01%	0.01%	0.01%
	CTRA	A	0.02%	0.02%	0.02%
	CTSH	B	0.21%	0.05%	0.05%
	CTVA	D	0.05%	0.05%	0.05%
	CVS	F	0.18%	0.09%	0.09%
	CVX	A	0.31%	0.34%	0.31%
	D	C	0.06%	0.06%	0.06%
	DAL	A	0.01%	0.05%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.02%	0.04%	0.02%
	DE	D	0.06%	0.13%	0.06%
	DECK	A	0.05%	0.03%	0.03%
	DELL	C	0.01%	0.05%	0.01%
	DFS	A	0.04%	0.06%	0.04%
	DG	F	0.01%	0.02%	0.01%
	DGX	A	0.1%	0.02%	0.02%
	DHI	D	0.11%	0.06%	0.06%
	DHR	D	0.05%	0.2%	0.05%
	DIS	A	0.08%	0.23%	0.08%
	DLR	A	0.02%	0.07%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	D	0.01%	0.02%	0.01%
	DOV	A	0.05%	0.04%	0.04%
	DOW	F	0.04%	0.04%	0.04%
	DPZ	C	0.06%	0.02%	0.02%
	DRI	B	0.03%	0.03%	0.03%
	DTE	C	0.02%	0.03%	0.02%
	DUK	C	0.36%	0.11%	0.11%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.03%	0.03%	0.03%
	DXCM	C	0.0%	0.04%	0.0%
	EA	A	0.19%	0.05%	0.05%
	EBAY	D	0.01%	0.04%	0.01%
	ECL	D	0.01%	0.08%	0.01%
	ED	D	0.36%	0.04%	0.04%
	EFX	F	0.01%	0.04%	0.01%
	EG	D	0.06%	0.02%	0.02%
	EIX	C	0.02%	0.04%	0.02%
	EL	F	0.01%	0.02%	0.01%
	ELV	F	0.22%	0.12%	0.12%
	EMN	C	0.01%	0.02%	0.01%
	EMR	A	0.03%	0.09%	0.03%
	ENPH	F	0.02%	0.01%	0.01%
	EOG	A	0.05%	0.1%	0.05%
	EPAM	B	0.02%	0.02%	0.02%
	EQIX	B	0.01%	0.11%	0.01%
	EQR	C	0.01%	0.03%	0.01%
	EQT	A	0.01%	0.03%	0.01%
	ERIE	F	0.12%	0.01%	0.01%
	ES	C	0.01%	0.03%	0.01%
	ESS	A	0.01%	0.02%	0.01%
	ETN	A	0.03%	0.19%	0.03%
	ETR	A	0.03%	0.04%	0.03%
	EVRG	A	0.01%	0.02%	0.01%
	EW	C	0.07%	0.05%	0.05%
	EXC	C	0.03%	0.05%	0.03%
	EXPD	D	0.04%	0.02%	0.02%
	EXPE	A	0.01%	0.03%	0.01%
	EXR	C	0.01%	0.05%	0.01%
	F	C	0.09%	0.05%	0.05%
	FANG	D	0.09%	0.04%	0.04%
	FAST	B	0.09%	0.06%	0.06%
	FCX	F	0.03%	0.08%	0.03%
	FDS	A	0.03%	0.02%	0.02%
	FDX	A	0.07%	0.08%	0.07%
	FE	C	0.01%	0.03%	0.01%
	FFIV	B	0.16%	0.02%	0.02%
	FI	A	0.08%	0.15%	0.08%
	FICO	A	0.04%	0.07%	0.04%
	FIS	B	0.02%	0.06%	0.02%
	FITB	A	0.03%	0.04%	0.03%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.01%	0.01%	0.01%
	FSLR	F	0.01%	0.03%	0.01%
	FTNT	A	0.01%	0.07%	0.01%
	FTV	D	0.01%	0.03%	0.01%
	GD	D	0.19%	0.1%	0.1%
	GDDY	A	0.23%	0.03%	0.03%
	GE	D	0.31%	0.25%	0.25%
	GEHC	D	0.02%	0.05%	0.02%
	GEN	B	0.12%	0.02%	0.02%
	GEV	A	0.02%	0.12%	0.02%
	GILD	B	0.25%	0.15%	0.15%
	GIS	D	0.33%	0.05%	0.05%
	GLW	B	0.02%	0.05%	0.02%
	GM	A	0.18%	0.08%	0.08%
	GOOG	B	0.95%	1.1%	0.95%
	GOOGL	B	1.08%	1.33%	1.08%
	GPC	D	0.05%	0.02%	0.02%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.04%	0.04%
	GS	A	0.17%	0.24%	0.17%
	GWW	A	0.11%	0.07%	0.07%
	HAL	C	0.02%	0.03%	0.02%
	HBAN	A	0.03%	0.03%	0.03%
	HCA	D	0.04%	0.08%	0.04%
	HD	A	0.14%	0.51%	0.14%
	HES	B	0.01%	0.05%	0.01%
	HIG	C	0.03%	0.04%	0.03%
	HII	F	0.01%	0.01%	0.01%
	HLT	A	0.01%	0.08%	0.01%
	HOLX	D	0.01%	0.02%	0.01%
	HON	A	0.25%	0.18%	0.18%
	HPE	B	0.04%	0.04%	0.04%
	HPQ	B	0.04%	0.05%	0.04%
	HRL	D	0.09%	0.01%	0.01%
	HSIC	D	0.01%	0.01%	0.01%
	HST	D	0.01%	0.02%	0.01%
	HSY	F	0.16%	0.03%	0.03%
	HUBB	B	0.04%	0.03%	0.03%
	HUM	F	0.16%	0.04%	0.04%
	HWM	A	0.01%	0.06%	0.01%
	IBM	D	0.48%	0.25%	0.25%
	ICE	D	0.03%	0.11%	0.03%
	IDXX	F	0.07%	0.05%	0.05%
	IEX	B	0.03%	0.02%	0.02%
	IFF	D	0.01%	0.03%	0.01%
	INCY	B	0.16%	0.02%	0.02%
	INTC	C	0.1%	0.14%	0.1%
	INTU	A	0.25%	0.24%	0.24%
	INVH	D	0.01%	0.02%	0.01%
	IP	A	0.02%	0.03%	0.02%
	IPG	F	0.02%	0.01%	0.01%
	IQV	F	0.01%	0.05%	0.01%
	IR	A	0.01%	0.05%	0.01%
	IRM	D	0.01%	0.04%	0.01%
	ISRG	A	0.25%	0.24%	0.24%
	IT	B	0.04%	0.05%	0.04%
	ITW	B	0.14%	0.09%	0.09%
	J	D	0.01%	0.02%	0.01%
	JBHT	B	0.03%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	A	0.03%	0.07%	0.03%
	JKHY	D	0.07%	0.02%	0.02%
	JNJ	D	1.11%	0.48%	0.48%
	JNPR	D	0.13%	0.02%	0.02%
	JPM	A	0.59%	0.86%	0.59%
	K	B	0.22%	0.03%	0.03%
	KDP	D	0.14%	0.04%	0.04%
	KEY	A	0.03%	0.02%	0.02%
	KEYS	C	0.18%	0.04%	0.04%
	KHC	F	0.21%	0.04%	0.04%
	KIM	A	0.01%	0.02%	0.01%
	KKR	A	0.02%	0.13%	0.02%
	KLAC	F	0.16%	0.12%	0.12%
	KMB	C	0.11%	0.06%	0.06%
	KMI	A	0.04%	0.07%	0.04%
	KMX	B	0.01%	0.01%	0.01%
	KO	D	0.57%	0.31%	0.31%
	KR	B	0.32%	0.05%	0.05%
	KVUE	A	0.08%	0.06%	0.06%
	L	A	0.17%	0.02%	0.02%
	LDOS	C	0.01%	0.03%	0.01%
	LEN	D	0.09%	0.05%	0.05%
	LH	B	0.02%	0.03%	0.02%
	LHX	B	0.03%	0.06%	0.03%
	LIN	D	0.06%	0.28%	0.06%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	F	1.17%	0.83%	0.83%
	LMT	D	0.43%	0.15%	0.15%
	LNT	A	0.03%	0.02%	0.02%
	LOW	A	0.07%	0.2%	0.07%
	LRCX	F	0.2%	0.13%	0.13%
	LULU	C	0.07%	0.05%	0.05%
	LUV	A	0.0%	0.02%	0.0%
	LVS	C	0.0%	0.02%	0.0%
	LW	C	0.0%	0.01%	0.0%
	LYB	F	0.03%	0.03%	0.03%
	LYV	A	0.0%	0.02%	0.0%
	MA	A	0.7%	0.55%	0.55%
	MAA	A	0.01%	0.02%	0.01%
	MAR	A	0.01%	0.08%	0.01%
	MAS	D	0.01%	0.02%	0.01%
	MCD	D	0.41%	0.27%	0.27%
	MCHP	F	0.06%	0.05%	0.05%
	MCK	A	0.51%	0.1%	0.1%
	MCO	C	0.12%	0.09%	0.09%
	MDLZ	F	0.15%	0.11%	0.11%
	MDT	D	0.06%	0.14%	0.06%
	MET	A	0.05%	0.06%	0.05%
	META	C	2.14%	1.63%	1.63%
	MGM	D	0.01%	0.01%	0.01%
	MKC	D	0.01%	0.02%	0.01%
	MKTX	C	0.02%	0.01%	0.01%
	MLM	B	0.01%	0.05%	0.01%
	MMC	C	0.51%	0.14%	0.14%
	MMM	D	0.14%	0.09%	0.09%
	MNST	D	0.07%	0.05%	0.05%
	MO	A	0.04%	0.12%	0.04%
	MOH	F	0.06%	0.02%	0.02%
	MOS	D	0.02%	0.01%	0.01%
	MPC	D	0.17%	0.07%	0.07%
	MPWR	F	0.06%	0.05%	0.05%
	MRK	F	0.44%	0.33%	0.33%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	A	0.02%	0.02%	0.02%
	MS	A	0.11%	0.2%	0.11%
	MSCI	A	0.0%	0.06%	0.0%
	MSFT	D	2.29%	3.99%	2.29%
	MSI	A	0.61%	0.11%	0.11%
	MTB	A	0.05%	0.04%	0.04%
	MTCH	F	0.0%	0.01%	0.0%
	MU	D	0.04%	0.16%	0.04%
	NDAQ	A	0.01%	0.04%	0.01%
	NDSN	B	0.02%	0.02%	0.02%
	NEE	C	0.05%	0.2%	0.05%
	NEM	F	0.04%	0.07%	0.04%
	NFLX	A	0.51%	0.43%	0.43%
	NI	A	0.01%	0.02%	0.01%
	NKE	D	0.16%	0.12%	0.12%
	NOC	D	0.33%	0.09%	0.09%
	NOW	B	0.01%	0.26%	0.01%
	NRG	B	0.02%	0.03%	0.02%
	NSC	B	0.03%	0.08%	0.03%
	NTAP	D	0.04%	0.03%	0.03%
	NTRS	A	0.02%	0.03%	0.02%
	NUE	D	0.05%	0.05%	0.05%
	NVDA	B	2.56%	4.61%	2.56%
	NVR	D	0.06%	0.04%	0.04%
	NWSA	B	0.01%	0.01%	0.01%
	NXPI	F	0.02%	0.08%	0.02%
	O	D	0.02%	0.06%	0.02%
	ODFL	B	0.08%	0.05%	0.05%
	OKE	A	0.03%	0.08%	0.03%
	OMC	C	0.04%	0.03%	0.03%
	ON	F	0.01%	0.04%	0.01%
	ORCL	A	0.25%	0.38%	0.25%
	ORLY	A	0.24%	0.09%	0.09%
	OTIS	D	0.01%	0.05%	0.01%
	OXY	F	0.03%	0.04%	0.03%
	PANW	B	0.18%	0.16%	0.16%
	PARA	C	0.02%	0.01%	0.01%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	B	0.1%	0.06%	0.06%
	PCAR	B	0.11%	0.08%	0.08%
	PCG	A	0.03%	0.06%	0.03%
	PEG	C	0.02%	0.05%	0.02%
	PEP	F	0.79%	0.29%	0.29%
	PFE	F	0.19%	0.19%	0.19%
	PFG	C	0.02%	0.02%	0.02%
	PG	C	0.89%	0.5%	0.5%
	PGR	B	0.35%	0.19%	0.19%
	PH	A	0.02%	0.11%	0.02%
	PHM	D	0.06%	0.04%	0.04%
	PKG	B	0.04%	0.03%	0.03%
	PLD	D	0.04%	0.14%	0.04%
	PLTR	A	0.0%	0.15%	0.0%
	PM	A	0.07%	0.25%	0.07%
	PNC	A	0.09%	0.1%	0.09%
	PNR	A	0.03%	0.02%	0.02%
	PODD	A	0.0%	0.02%	0.0%
	POOL	D	0.03%	0.02%	0.02%
	PPG	F	0.01%	0.04%	0.01%
	PPL	A	0.01%	0.03%	0.01%
	PRU	A	0.05%	0.06%	0.05%
	PSA	C	0.08%	0.07%	0.07%
	PSX	C	0.13%	0.07%	0.07%
	PTC	B	0.08%	0.03%	0.03%
	PWR	A	0.01%	0.06%	0.01%
	PYPL	A	0.04%	0.11%	0.04%
	QCOM	F	0.34%	0.24%	0.24%
	QRVO	F	0.0%	0.01%	0.0%
	RCL	A	0.01%	0.07%	0.01%
	REG	A	0.01%	0.02%	0.01%
	REGN	F	0.33%	0.11%	0.11%
	RF	A	0.03%	0.03%	0.03%
	RJF	A	0.02%	0.04%	0.02%
	RMD	C	0.05%	0.05%	0.05%
	ROK	A	0.06%	0.04%	0.04%
	ROL	A	0.08%	0.02%	0.02%
	ROP	C	0.49%	0.08%	0.08%
	ROST	D	0.02%	0.06%	0.02%
	RSG	B	0.45%	0.05%	0.05%
	RTX	D	0.09%	0.21%	0.09%
	RVTY	D	0.01%	0.02%	0.01%
	SBAC	D	0.01%	0.03%	0.01%
	SBUX	A	0.04%	0.14%	0.04%
	SCHW	A	0.04%	0.14%	0.04%
	SHW	B	0.14%	0.11%	0.11%
	SJM	F	0.07%	0.02%	0.02%
	SLB	C	0.03%	0.08%	0.03%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.02%	0.02%
	SNPS	C	0.13%	0.11%	0.11%
	SO	C	0.45%	0.12%	0.12%
	SOLV	C	0.03%	0.01%	0.01%
	SPG	A	0.02%	0.07%	0.02%
	SPGI	C	0.03%	0.2%	0.03%
	SRE	A	0.03%	0.07%	0.03%
	STE	D	0.01%	0.03%	0.01%
	STLD	B	0.03%	0.03%	0.03%
	STT	A	0.03%	0.04%	0.03%
	STX	D	0.01%	0.03%	0.01%
	STZ	D	0.01%	0.05%	0.01%
	SW	A	0.03%	0.03%	0.03%
	SWK	F	0.01%	0.02%	0.01%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	A	0.04%	0.03%	0.03%
	SYK	A	0.03%	0.16%	0.03%
	SYY	D	0.03%	0.05%	0.03%
	T	A	0.38%	0.2%	0.2%
	TAP	A	0.01%	0.01%	0.01%
	TDG	D	0.01%	0.1%	0.01%
	TDY	B	0.06%	0.03%	0.03%
	TECH	D	0.0%	0.02%	0.0%
	TER	F	0.03%	0.02%	0.02%
	TFC	A	0.09%	0.08%	0.08%
	TFX	F	0.0%	0.01%	0.0%
	TGT	D	0.14%	0.09%	0.09%
	TJX	A	0.33%	0.17%	0.17%
	TMO	D	0.06%	0.27%	0.06%
	TMUS	A	0.73%	0.15%	0.15%
	TRGP	A	0.04%	0.05%	0.04%
	TRMB	A	0.01%	0.02%	0.01%
	TROW	A	0.05%	0.03%	0.03%
	TRV	A	0.29%	0.07%	0.07%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	B	0.14%	1.13%	0.14%
	TSN	A	0.13%	0.02%	0.02%
	TT	A	0.14%	0.12%	0.12%
	TTWO	A	0.01%	0.04%	0.01%
	TXN	C	0.51%	0.26%	0.26%
	TXT	D	0.01%	0.02%	0.01%
	TYL	B	0.0%	0.03%	0.0%
	UBER	C	0.01%	0.19%	0.01%
	UDR	C	0.0%	0.02%	0.0%
	UHS	D	0.01%	0.02%	0.01%
	ULTA	D	0.07%	0.02%	0.02%
	UNH	B	1.34%	0.72%	0.72%
	UNP	D	0.27%	0.19%	0.19%
	UPS	C	0.07%	0.12%	0.07%
	URI	B	0.02%	0.07%	0.02%
	USB	B	0.09%	0.1%	0.09%
	V	A	1.19%	0.65%	0.65%
	VICI	C	0.02%	0.04%	0.02%
	VLO	C	0.07%	0.06%	0.06%
	VLTO	D	0.05%	0.03%	0.03%
	VMC	B	0.01%	0.05%	0.01%
	VRSK	B	0.01%	0.05%	0.01%
	VRSN	D	0.14%	0.02%	0.02%
	VRTX	C	0.45%	0.17%	0.17%
	VST	A	0.01%	0.06%	0.01%
	VTR	C	0.01%	0.03%	0.01%
	VTRS	A	0.03%	0.02%	0.02%
	VZ	C	0.56%	0.22%	0.22%
	WAB	B	0.01%	0.04%	0.01%
	WAT	B	0.04%	0.03%	0.03%
	WBA	F	0.04%	0.01%	0.01%
	WBD	B	0.06%	0.03%	0.03%
	WDC	F	0.01%	0.03%	0.01%
	WEC	A	0.19%	0.04%	0.04%
	WELL	A	0.02%	0.1%	0.02%
	WFC	A	0.27%	0.3%	0.27%
	WM	B	0.52%	0.1%	0.1%
	WMB	A	0.19%	0.09%	0.09%
	WMT	A	0.75%	0.47%	0.47%
	WRB	A	0.14%	0.02%	0.02%
	WST	C	0.04%	0.03%	0.03%
	WTW	B	0.07%	0.04%	0.04%
	WY	D	0.02%	0.03%	0.02%
	WYNN	D	0.0%	0.01%	0.0%
	XEL	A	0.08%	0.05%	0.05%
	XOM	B	0.47%	0.68%	0.47%
	XYL	D	0.01%	0.04%	0.01%
	YUM	D	0.15%	0.05%	0.05%
	ZBH	C	0.01%	0.03%	0.01%
	ZBRA	B	0.01%	0.03%	0.01%
	ZTS	D	0.15%	0.1%	0.1%

QWLD Overweight 126 Positions Relative to SSO

	Symbol	Grade	Weight
	NVS	D	0.81%
	UL	D	0.27%
	WCN	A	0.26%
	HSBH	A	0.25%
	MFG	A	0.22%
	BAH	D	0.18%
	CHKP	D	0.17%
	UTHR	B	0.16%
	TM	F	0.14%
	MUFG	A	0.13%
	FCNCA	A	0.12%
	TD	D	0.12%
	MKL	A	0.12%
	E	F	0.12%
	DEO	F	0.11%
	BCS	A	0.11%
	NBIX	D	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%
	BMRN	F	0.07%
	LOGI	F	0.06%
	VEEV	C	0.05%
	DINO	D	0.05%
	MT	B	0.05%
	LNG	A	0.05%
	TPL	A	0.05%
	MANH	D	0.04%
	WDAY	B	0.04%
	EME	B	0.04%
	LPLA	A	0.04%
	BTI	C	0.04%
	GGG	A	0.03%
	OC	A	0.03%
	CSL	B	0.03%
	WSO	A	0.03%
	WSM	F	0.03%
	ACI	C	0.02%
	ALLY	C	0.02%
	NMR	B	0.02%
	CNH	D	0.02%
	TTC	D	0.02%
	APO	A	0.02%
	SEIC	A	0.02%
	RS	B	0.02%
	OVV	C	0.02%
	AFG	A	0.02%
	AER	B	0.02%
	DKS	D	0.02%
	ARES	B	0.01%
	WTRG	C	0.01%
	UHAL	D	0.01%
	FBIN	D	0.01%
	RPRX	F	0.01%
	GLPI	D	0.01%
	RPM	A	0.01%
	BURL	C	0.01%
	COIN	A	0.01%
	TRU	D	0.01%
	SUI	D	0.01%
	TWLO	A	0.01%
	MBAVU	A	0.01%
	WPC	D	0.01%
	AVTR	F	0.01%
	CCEP	D	0.01%
	CG	B	0.01%
	ZM	B	0.01%
	ACM	B	0.01%
	AGCO	D	0.01%
	CHRD	F	0.01%
	CCK	D	0.01%
	SE	B	0.01%
	SSNC	D	0.01%
	WFG	D	0.01%
	KNX	B	0.01%
	MRVL	B	0.01%
	BSY	D	0.01%
	FNF	C	0.01%
	EQH	B	0.01%
	CRBG	B	0.01%
	SQ	A	0.01%
	MELI	D	0.01%
	GLBE	B	0.0%
	IOT	B	0.0%
	NET	C	0.0%
	XRX	F	0.0%
	TOST	A	0.0%
	RBLX	B	0.0%
	DKNG	B	0.0%
	DDOG	B	0.0%
	SNAP	D	0.0%
	H	B	0.0%
	PSTG	F	0.0%
	HEI	A	0.0%
	FUTU	C	0.0%
	DT	C	0.0%
	DOCU	A	0.0%
	SNOW	C	0.0%
	GRAB	A	0.0%
	PINS	F	0.0%
	MSTR	B	0.0%
	EXAS	F	0.0%
	ROKU	D	0.0%
	OKTA	D	0.0%
	APP	A	0.0%
	LII	B	0.0%
	Z	A	0.0%
	HOOD	A	0.0%
	ELS	B	0.0%
	TTD	B	0.0%
	HEI	A	0.0%
	TW	B	0.0%
	RIVN	F	0.0%
	ENTG	F	0.0%
	WLK	F	0.0%
	VRT	A	0.0%
	QGEN	D	0.0%
	BBWI	C	0.0%
	AMH	C	0.0%
	OTEX	F	0.0%
	BIO	C	0.0%
	DASH	B	0.0%
	ILMN	C	0.0%

QWLD Underweight 16 Positions Relative to SSO

	Symbol	Grade	Weight
	MTD	F	-0.04%
	UAL	A	-0.04%
	NCLH	B	-0.02%
	TPR	A	-0.02%
	FMC	F	-0.01%
	MHK	D	-0.01%
	BWA	A	-0.01%
	IVZ	B	-0.01%
	HAS	D	-0.01%
	FRT	B	-0.01%
	CZR	F	-0.01%
	RL	B	-0.01%
	GL	B	-0.01%
	PNW	A	-0.01%
	GNRC	B	-0.01%
	NWS	A	-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

SSO: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P 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

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