QWLD vs. VOO ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Vanguard S&P 500 ETF (VOO)

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

VOO

Vanguard S&P 500 ETF

VOO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$547.47

Average Daily Volume

5,104,303

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	VOO
30 Days	0.82%	3.05%
60 Days	0.23%	4.57%
90 Days	0.87%	6.29%
12 Months	22.65%	32.77%

484 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in VOO	Overlap
	A	D	0.06%	0.09%	0.06%
	AAPL	C	2.57%	7.25%	2.57%
	ABBV	D	0.16%	0.71%	0.16%
	ABBV	D	0.34%	0.71%	0.34%
	ABNB	C	0.01%	0.11%	0.01%
	ABT	B	0.09%	0.41%	0.09%
	ACGL	D	0.26%	0.09%	0.09%
	ACN	C	0.65%	0.45%	0.45%
	ADBE	C	0.42%	0.47%	0.42%
	ADI	D	0.04%	0.23%	0.04%
	ADM	D	0.05%	0.06%	0.05%
	ADP	B	0.26%	0.23%	0.23%
	ADSK	A	0.1%	0.12%	0.1%
	AEE	A	0.09%	0.05%	0.05%
	AEP	D	0.07%	0.11%	0.07%
	AES	F	0.01%	0.03%	0.01%
	AFL	B	0.12%	0.12%	0.12%
	AIG	B	0.07%	0.1%	0.07%
	AIZ	A	0.08%	0.02%	0.02%
	AJG	B	0.19%	0.13%	0.13%
	AKAM	D	0.11%	0.03%	0.03%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	D	0.0%	0.04%	0.0%
	ALL	A	0.08%	0.1%	0.08%
	ALLE	D	0.02%	0.03%	0.02%
	AMAT	F	0.29%	0.34%	0.29%
	AMCR	D	0.08%	0.03%	0.03%
	AMD	F	0.03%	0.54%	0.03%
	AME	A	0.01%	0.08%	0.01%
	AMGN	D	0.16%	0.35%	0.16%
	AMP	A	0.09%	0.09%	0.09%
	AMT	D	0.02%	0.22%	0.02%
	AMZN	C	0.37%	3.56%	0.37%
	ANET	C	0.19%	0.2%	0.19%
	ANSS	B	0.0%	0.06%	0.0%
	AON	A	0.17%	0.15%	0.15%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APD	A	0.03%	0.14%	0.03%
	APH	A	0.43%	0.16%	0.16%
	APTV	D	0.01%	0.04%	0.01%
	ARE	D	0.01%	0.04%	0.01%
	ATO	A	0.01%	0.04%	0.01%
	AVB	B	0.01%	0.07%	0.01%
	AVGO	D	0.11%	1.64%	0.11%
	AVY	D	0.03%	0.04%	0.03%
	AWK	D	0.01%	0.06%	0.01%
	AXON	A	0.0%	0.06%	0.0%
	AXP	A	0.06%	0.31%	0.06%
	AZO	C	0.28%	0.11%	0.11%
	BA	F	0.01%	0.18%	0.01%
	BAC	A	0.39%	0.55%	0.39%
	BALL	D	0.01%	0.04%	0.01%
	BAX	D	0.01%	0.04%	0.01%
	BBWI	D	0.0%	0.0%	0.0%
	BBY	D	0.06%	0.04%	0.04%
	BDX	F	0.07%	0.14%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BIIB	F	0.01%	0.06%	0.01%
	BK	A	0.05%	0.11%	0.05%
	BKNG	A	0.03%	0.29%	0.03%
	BKR	B	0.02%	0.07%	0.02%
	BLDR	D	0.05%	0.05%	0.05%
	BLK	C	0.25%	0.27%	0.25%
	BMY	B	0.21%	0.21%	0.21%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.73%	1.73%	0.73%
	BRO	B	0.14%	0.05%	0.05%
	BSX	B	0.02%	0.25%	0.02%
	BX	A	0.03%	0.23%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.24%	0.24%
	CAG	D	0.04%	0.03%	0.03%
	CAH	B	0.13%	0.06%	0.06%
	CARR	D	0.02%	0.14%	0.02%
	CAT	B	0.36%	0.39%	0.36%
	CB	C	0.4%	0.22%	0.22%
	CBOE	B	0.24%	0.04%	0.04%
	CBRE	B	0.03%	0.08%	0.03%
	CCI	D	0.01%	0.11%	0.01%
	CCL	B	0.01%	0.04%	0.01%
	CDNS	B	0.13%	0.15%	0.13%
	CDW	F	0.07%	0.06%	0.06%
	CE	F	0.01%	0.03%	0.01%
	CEG	D	0.02%	0.17%	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%
	CHRW	C	0.01%	0.03%	0.01%
	CHTR	C	0.05%	0.06%	0.05%
	CI	F	0.18%	0.2%	0.18%
	CINF	A	0.02%	0.04%	0.02%
	CL	D	0.2%	0.17%	0.17%
	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%	0.09%	0.09%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.05%	0.08%	0.05%
	CNP	B	0.01%	0.04%	0.01%
	COF	B	0.1%	0.12%	0.1%
	COP	C	0.1%	0.25%	0.1%
	COR	B	0.41%	0.08%	0.08%
	COST	B	0.76%	0.8%	0.76%
	CPAY	A	0.01%	0.04%	0.01%
	CPB	D	0.09%	0.02%	0.02%
	CPRT	A	0.08%	0.09%	0.08%
	CPT	B	0.01%	0.03%	0.01%
	CRL	C	0.0%	0.02%	0.0%
	CRM	B	0.06%	0.54%	0.06%
	CRWD	B	0.0%	0.13%	0.0%
	CSCO	B	1.03%	0.44%	0.44%
	CSGP	D	0.0%	0.06%	0.0%
	CSX	B	0.11%	0.14%	0.11%
	CTAS	B	0.14%	0.14%	0.14%
	CTLT	B	0.01%	0.02%	0.01%
	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%	0.16%	0.16%
	CVX	A	0.33%	0.51%	0.33%
	D	C	0.06%	0.1%	0.06%
	DAL	C	0.01%	0.07%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.02%	0.08%	0.02%
	DE	A	0.06%	0.22%	0.06%
	DECK	A	0.05%	0.05%	0.05%
	DELL	C	0.01%	0.07%	0.01%
	DFS	B	0.04%	0.07%	0.04%
	DG	F	0.01%	0.04%	0.01%
	DGX	A	0.11%	0.04%	0.04%
	DHI	D	0.1%	0.11%	0.1%
	DHR	F	0.05%	0.37%	0.05%
	DIS	B	0.1%	0.36%	0.1%
	DLR	B	0.02%	0.1%	0.02%
	DLTR	F	0.01%	0.03%	0.01%
	DOC	D	0.01%	0.03%	0.01%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.03%	0.08%	0.03%
	DPZ	C	0.06%	0.03%	0.03%
	DRI	B	0.03%	0.04%	0.03%
	DTE	C	0.02%	0.05%	0.02%
	DUK	C	0.36%	0.18%	0.18%
	DVA	B	0.01%	0.02%	0.01%
	DVN	F	0.03%	0.05%	0.03%
	DXCM	D	0.0%	0.05%	0.0%
	EA	A	0.2%	0.07%	0.07%
	EBAY	D	0.01%	0.07%	0.01%
	ECL	D	0.01%	0.13%	0.01%
	ED	D	0.35%	0.07%	0.07%
	EFX	F	0.01%	0.07%	0.01%
	EG	C	0.06%	0.03%	0.03%
	EIX	B	0.03%	0.07%	0.03%
	EL	F	0.01%	0.05%	0.01%
	ELV	F	0.21%	0.25%	0.21%
	EMN	D	0.01%	0.03%	0.01%
	EMR	A	0.03%	0.13%	0.03%
	ENPH	F	0.01%	0.03%	0.01%
	EOG	A	0.06%	0.14%	0.06%
	EPAM	C	0.02%	0.02%	0.02%
	EQIX	A	0.02%	0.17%	0.02%
	EQR	B	0.01%	0.05%	0.01%
	EQT	B	0.02%	0.04%	0.02%
	ERIE	D	0.12%	0.03%	0.03%
	ES	D	0.01%	0.05%	0.01%
	ESS	B	0.01%	0.04%	0.01%
	ETN	A	0.03%	0.27%	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%	0.04%	0.04%
	EXPE	B	0.01%	0.04%	0.01%
	EXR	D	0.01%	0.08%	0.01%
	F	C	0.09%	0.08%	0.08%
	FANG	D	0.09%	0.07%	0.07%
	FAST	B	0.09%	0.08%	0.08%
	FCX	D	0.02%	0.15%	0.02%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.07%	0.13%	0.07%
	FE	C	0.01%	0.05%	0.01%
	FFIV	B	0.16%	0.03%	0.03%
	FI	A	0.09%	0.21%	0.09%
	FICO	B	0.05%	0.1%	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%	0.05%	0.01%
	FTNT	C	0.01%	0.1%	0.01%
	FTV	C	0.01%	0.06%	0.01%
	GD	F	0.18%	0.16%	0.16%
	GDDY	A	0.25%	0.05%	0.05%
	GE	D	0.31%	0.42%	0.31%
	GEHC	F	0.02%	0.09%	0.02%
	GEN	B	0.12%	0.03%	0.03%
	GEV	B	0.02%	0.14%	0.02%
	GILD	C	0.24%	0.21%	0.21%
	GIS	D	0.33%	0.08%	0.08%
	GLW	B	0.02%	0.07%	0.02%
	GM	B	0.19%	0.1%	0.1%
	GOOG	C	0.94%	1.64%	0.94%
	GOOGL	C	1.07%	1.99%	1.07%
	GPC	D	0.05%	0.04%	0.04%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.06%	0.05%
	GS	A	0.17%	0.31%	0.17%
	GWW	B	0.11%	0.09%	0.09%
	HAL	C	0.02%	0.05%	0.02%
	HBAN	A	0.03%	0.04%	0.03%
	HCA	F	0.04%	0.15%	0.04%
	HD	A	0.15%	0.82%	0.15%
	HES	B	0.01%	0.08%	0.01%
	HIG	B	0.03%	0.07%	0.03%
	HII	D	0.01%	0.02%	0.01%
	HLT	A	0.01%	0.12%	0.01%
	HOLX	D	0.01%	0.04%	0.01%
	HON	B	0.26%	0.28%	0.26%
	HPE	B	0.04%	0.05%	0.04%
	HPQ	B	0.04%	0.07%	0.04%
	HRL	D	0.09%	0.02%	0.02%
	HSIC	B	0.01%	0.02%	0.01%
	HST	C	0.01%	0.03%	0.01%
	HSY	F	0.16%	0.06%	0.06%
	HUBB	B	0.04%	0.05%	0.04%
	HUM	C	0.15%	0.08%	0.08%
	HWM	A	0.01%	0.08%	0.01%
	IBM	C	0.46%	0.42%	0.42%
	ICE	C	0.03%	0.19%	0.03%
	IDXX	F	0.07%	0.09%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.01%	0.05%	0.01%
	INCY	C	0.15%	0.02%	0.02%
	INTC	D	0.1%	0.2%	0.1%
	INTU	C	0.27%	0.36%	0.27%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.02%	0.03%	0.02%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.01%	0.08%	0.01%
	IR	B	0.01%	0.08%	0.01%
	IRM	D	0.01%	0.07%	0.01%
	ISRG	A	0.25%	0.36%	0.25%
	IT	C	0.03%	0.08%	0.03%
	ITW	B	0.13%	0.14%	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%
	JKHY	D	0.07%	0.03%	0.03%
	JNJ	D	1.1%	0.8%	0.8%
	JNPR	F	0.12%	0.03%	0.03%
	JPM	A	0.6%	1.23%	0.6%
	K	A	0.23%	0.04%	0.04%
	KDP	D	0.14%	0.08%	0.08%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	A	0.17%	0.06%	0.06%
	KHC	F	0.2%	0.06%	0.06%
	KIM	A	0.01%	0.03%	0.01%
	KKR	A	0.02%	0.18%	0.02%
	KLAC	D	0.14%	0.21%	0.14%
	KMB	D	0.11%	0.1%	0.1%
	KMI	A	0.04%	0.09%	0.04%
	KMX	B	0.02%	0.02%	0.02%
	KO	D	0.56%	0.57%	0.56%
	KR	B	0.31%	0.07%	0.07%
	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%	0.09%	0.09%
	LH	C	0.02%	0.04%	0.02%
	LHX	C	0.02%	0.09%	0.02%
	LIN	D	0.06%	0.47%	0.06%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	1.14%	1.43%	1.14%
	LMT	D	0.42%	0.25%	0.25%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.07%	0.32%	0.07%
	LULU	C	0.07%	0.06%	0.06%
	LUV	C	0.0%	0.04%	0.0%
	LVS	C	0.0%	0.04%	0.0%
	LW	C	0.0%	0.02%	0.0%
	LYB	F	0.03%	0.05%	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%	0.12%	0.01%
	MAS	D	0.01%	0.04%	0.01%
	MCD	D	0.42%	0.45%	0.42%
	MCHP	D	0.06%	0.09%	0.06%
	MCK	B	0.58%	0.13%	0.13%
	MCO	B	0.13%	0.15%	0.13%
	MDLZ	F	0.14%	0.2%	0.14%
	MDT	D	0.06%	0.24%	0.06%
	MET	A	0.05%	0.1%	0.05%
	META	D	2.11%	2.56%	2.11%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.01%	0.07%	0.01%
	MMC	B	0.51%	0.22%	0.22%
	MMM	D	0.14%	0.15%	0.14%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.04%	0.18%	0.04%
	MOH	F	0.06%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.17%	0.11%	0.11%
	MPWR	F	0.04%	0.09%	0.04%
	MRK	F	0.42%	0.59%	0.42%
	MRNA	F	0.01%	0.05%	0.01%
	MRO	B	0.02%	0.03%	0.02%
	MS	A	0.12%	0.27%	0.12%
	MSCI	C	0.0%	0.09%	0.0%
	MSFT	F	2.3%	6.55%	2.3%
	MSI	B	0.65%	0.15%	0.15%
	MTB	A	0.05%	0.06%	0.05%
	MTCH	D	0.0%	0.02%	0.0%
	MU	D	0.04%	0.24%	0.04%
	NDAQ	A	0.01%	0.06%	0.01%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.06%	0.36%	0.06%
	NEM	D	0.04%	0.13%	0.04%
	NFLX	A	0.54%	0.62%	0.54%
	NI	A	0.01%	0.03%	0.01%
	NKE	D	0.17%	0.22%	0.17%
	NOC	D	0.32%	0.15%	0.15%
	NOW	A	0.01%	0.38%	0.01%
	NRG	B	0.02%	0.04%	0.02%
	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%	6.11%	2.53%
	NVR	D	0.06%	0.06%	0.06%
	NWSA	B	0.01%	0.02%	0.01%
	NXPI	D	0.02%	0.13%	0.02%
	O	D	0.02%	0.11%	0.02%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.03%	0.11%	0.03%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.01%	0.06%	0.01%
	ORCL	B	0.25%	0.56%	0.25%
	ORLY	B	0.24%	0.14%	0.14%
	OTIS	C	0.01%	0.09%	0.01%
	OXY	D	0.03%	0.07%	0.03%
	PANW	C	0.18%	0.23%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	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%	0.48%	0.48%
	PFE	D	0.18%	0.34%	0.18%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.95%	0.83%	0.83%
	PGR	A	0.35%	0.3%	0.3%
	PH	A	0.02%	0.17%	0.02%
	PHM	D	0.06%	0.06%	0.06%
	PKG	A	0.04%	0.04%	0.04%
	PLD	D	0.04%	0.24%	0.04%
	PLTR	B	0.0%	0.15%	0.0%
	PM	B	0.07%	0.39%	0.07%
	PNC	B	0.1%	0.15%	0.1%
	PNR	A	0.03%	0.03%	0.03%
	PODD	C	0.0%	0.03%	0.0%
	POOL	C	0.03%	0.03%	0.03%
	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%	0.12%	0.09%
	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%	0.16%	0.04%
	QCOM	F	0.32%	0.39%	0.32%
	QRVO	F	0.0%	0.02%	0.0%
	RCL	A	0.01%	0.09%	0.01%
	REG	B	0.01%	0.02%	0.01%
	REGN	F	0.31%	0.23%	0.23%
	RF	A	0.03%	0.04%	0.03%
	RJF	A	0.02%	0.05%	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%	0.12%	0.12%
	ROST	C	0.02%	0.1%	0.02%
	RSG	A	0.46%	0.08%	0.08%
	RTX	C	0.09%	0.33%	0.09%
	RVTY	F	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.05%	0.01%
	SBUX	A	0.04%	0.23%	0.04%
	SCHW	B	0.04%	0.2%	0.04%
	SHW	A	0.14%	0.18%	0.14%
	SJM	D	0.07%	0.03%	0.03%
	SLB	C	0.03%	0.12%	0.03%
	SMCI	F	0.01%	0.04%	0.01%
	SNA	A	0.04%	0.03%	0.03%
	SNPS	B	0.12%	0.16%	0.12%
	SO	D	0.46%	0.2%	0.2%
	SOLV	C	0.03%	0.02%	0.02%
	SPG	B	0.02%	0.11%	0.02%
	SPGI	C	0.04%	0.34%	0.04%
	SRE	A	0.04%	0.11%	0.04%
	STE	F	0.01%	0.05%	0.01%
	STLD	B	0.02%	0.04%	0.02%
	STT	A	0.03%	0.05%	0.03%
	STX	D	0.01%	0.05%	0.01%
	STZ	D	0.01%	0.08%	0.01%
	SW	A	0.03%	0.05%	0.03%
	SWK	D	0.01%	0.03%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.04%	0.04%
	SYK	C	0.03%	0.25%	0.03%
	SYY	B	0.03%	0.08%	0.03%
	T	A	0.39%	0.32%	0.32%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.16%	0.01%
	TDY	B	0.06%	0.04%	0.04%
	TECH	D	0.0%	0.03%	0.0%
	TER	D	0.02%	0.04%	0.02%
	TFC	A	0.09%	0.12%	0.09%
	TFX	F	0.0%	0.02%	0.0%
	TGT	F	0.15%	0.15%	0.15%
	TJX	A	0.35%	0.27%	0.27%
	TMO	F	0.06%	0.48%	0.06%
	TMUS	B	0.76%	0.21%	0.21%
	TRGP	B	0.04%	0.07%	0.04%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.3%	0.11%	0.11%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	0.16%	1.49%	0.16%
	TSN	B	0.15%	0.03%	0.03%
	TT	A	0.15%	0.18%	0.15%
	TTWO	A	0.01%	0.05%	0.01%
	TXN	C	0.48%	0.39%	0.39%
	TXT	D	0.01%	0.03%	0.01%
	TYL	B	0.0%	0.05%	0.0%
	UBER	D	0.01%	0.32%	0.01%
	UDR	B	0.0%	0.03%	0.0%
	UHS	D	0.01%	0.03%	0.01%
	ULTA	F	0.06%	0.04%	0.04%
	UNH	C	1.35%	1.1%	1.1%
	UNP	C	0.26%	0.31%	0.26%
	UPS	C	0.07%	0.2%	0.07%
	URI	B	0.02%	0.11%	0.02%
	USB	A	0.09%	0.15%	0.09%
	V	A	1.21%	0.93%	0.93%
	VICI	C	0.02%	0.07%	0.02%
	VLO	C	0.08%	0.09%	0.08%
	VLTO	D	0.05%	0.06%	0.05%
	VMC	B	0.01%	0.07%	0.01%
	VRSK	A	0.01%	0.08%	0.01%
	VRSN	F	0.14%	0.03%	0.03%
	VRTX	F	0.43%	0.25%	0.25%
	VST	B	0.01%	0.08%	0.01%
	VTR	C	0.01%	0.05%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.58%	0.39%	0.39%
	WAB	B	0.01%	0.07%	0.01%
	WAT	B	0.04%	0.04%	0.04%
	WBA	F	0.04%	0.01%	0.01%
	WBD	C	0.07%	0.04%	0.04%
	WDC	D	0.01%	0.05%	0.01%
	WEC	A	0.2%	0.06%	0.06%
	WELL	A	0.02%	0.15%	0.02%
	WFC	A	0.28%	0.39%	0.28%
	WM	A	0.52%	0.16%	0.16%
	WMB	A	0.19%	0.11%	0.11%
	WMT	A	0.76%	0.72%	0.72%
	WRB	A	0.14%	0.03%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTW	B	0.07%	0.06%	0.06%
	WY	D	0.02%	0.05%	0.02%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	A	0.09%	0.07%	0.07%
	XOM	B	0.47%	1.07%	0.47%
	XYL	D	0.01%	0.07%	0.01%
	YUM	B	0.15%	0.08%	0.08%
	ZBH	C	0.01%	0.04%	0.01%
	ZBRA	B	0.01%	0.04%	0.01%
	ZTS	D	0.15%	0.18%	0.15%

QWLD Overweight 126 Positions Relative to VOO

	Symbol	Grade	Weight
	NVS	D	0.79%
	UL	D	0.27%
	WCN	A	0.27%
	HSBH	B	0.25%
	MFG	B	0.24%
	LRCX	F	0.18%
	CHKP	D	0.17%
	TM	D	0.15%
	UTHR	C	0.15%
	BAH	F	0.15%
	MUFG	B	0.14%
	MKL	A	0.13%
	TD	F	0.12%
	E	F	0.12%
	NBIX	C	0.11%
	BCS	C	0.11%
	FCNCA	A	0.11%
	DEO	F	0.11%
	CNI	D	0.1%
	SMFG	B	0.1%
	LYG	F	0.09%
	SONY	B	0.08%
	STLA	F	0.08%
	HMC	F	0.07%
	BMRN	D	0.07%
	TPL	A	0.06%
	LNG	B	0.06%
	LOGI	D	0.06%
	VEEV	C	0.05%
	LPLA	A	0.05%
	BTI	B	0.05%
	DINO	D	0.05%
	MT	B	0.05%
	MANH	D	0.04%
	WDAY	B	0.04%
	EME	C	0.04%
	GGG	B	0.03%
	CSL	C	0.03%
	WSO	A	0.03%
	OC	A	0.03%
	WSM	B	0.03%
	ALLY	C	0.02%
	TTC	D	0.02%
	ACI	C	0.02%
	SQ	B	0.02%
	APO	B	0.02%
	RS	B	0.02%
	SEIC	B	0.02%
	NMR	B	0.02%
	OVV	B	0.02%
	AER	B	0.02%
	AFG	A	0.02%
	DKS	C	0.02%
	DASH	A	0.01%
	WTRG	B	0.01%
	RPRX	D	0.01%
	MBAVU	D	0.01%
	GLPI	C	0.01%
	RPM	A	0.01%
	TRU	D	0.01%
	AVTR	F	0.01%
	SUI	D	0.01%
	BURL	A	0.01%
	WPC	D	0.01%
	TWLO	A	0.01%
	CG	A	0.01%
	COIN	C	0.01%
	CCEP	C	0.01%
	ACM	A	0.01%
	ZM	B	0.01%
	CHRD	D	0.01%
	CCK	C	0.01%
	AGCO	D	0.01%
	SSNC	B	0.01%
	WFG	D	0.01%
	SE	B	0.01%
	KNX	B	0.01%
	BSY	D	0.01%
	MRVL	B	0.01%
	EQH	B	0.01%
	FNF	B	0.01%
	CRBG	B	0.01%
	MELI	D	0.01%
	CNH	C	0.01%
	GLBE	B	0.0%
	IOT	A	0.0%
	NET	B	0.0%
	RBLX	C	0.0%
	XRX	F	0.0%
	DDOG	A	0.0%
	DKNG	B	0.0%
	TOST	B	0.0%
	SNAP	C	0.0%
	H	B	0.0%
	PSTG	D	0.0%
	FUTU	D	0.0%
	HEI	B	0.0%
	PINS	D	0.0%
	DT	C	0.0%
	SNOW	C	0.0%
	DOCU	A	0.0%
	EXAS	D	0.0%
	GRAB	B	0.0%
	ROKU	D	0.0%
	OKTA	C	0.0%
	MSTR	C	0.0%
	LII	A	0.0%
	TTD	B	0.0%
	ELS	C	0.0%
	HOOD	B	0.0%
	ENTG	D	0.0%
	TW	A	0.0%
	HEI	B	0.0%
	RIVN	F	0.0%
	Z	A	0.0%
	WLK	D	0.0%
	QGEN	D	0.0%
	VRT	B	0.0%
	APP	B	0.0%
	BIO	D	0.0%
	ILMN	D	0.0%
	OTEX	D	0.0%
	AMH	D	0.0%
	UHAL	D	0.0%
	ARES	A	0.0%
	FBIN	D	0.0%

QWLD Underweight 16 Positions Relative to VOO

	Symbol	Grade	Weight
	MTD	D	-0.07%
	UAL	A	-0.04%
	RL	B	-0.02%
	IVZ	B	-0.02%
	FMC	D	-0.02%
	BWA	D	-0.02%
	MHK	D	-0.02%
	FRT	B	-0.02%
	NCLH	B	-0.02%
	CZR	F	-0.02%
	HAS	D	-0.02%
	GL	B	-0.02%
	GNRC	B	-0.02%
	PNW	B	-0.02%
	TPR	B	-0.02%
	NWS	B	-0.01%

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

VOO: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense 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 Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank