QWLD vs. VTI ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Vanguard Total Stock Market ETF (VTI)

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

$123.97

Average Daily Volume

5,532

Number of Holdings ^*

612

* may have additional holdings in another (foreign) market

VTI

Vanguard Total Stock Market ETF

VTI Description

The investment seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics.

Grade (RS Rating)

Last Trade

$266.44

Average Daily Volume

2,929,055

Number of Holdings ^*

491

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	VTI
30 Days	4.66%	4.16%
60 Days	2.00%	-2.22%
90 Days	3.43%	1.69%
12 Months	21.25%	22.28%

477 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in VTI	Overlap
	A	B	0.07%	0.08%	0.07%
	AAPL	C	2.56%	6.06%	2.56%
	ABBV	B	0.16%	0.61%	0.16%
	ABBV	B	0.4%	0.61%	0.4%
	ABNB	F	0.01%	0.1%	0.01%
	ABT	A	0.09%	0.35%	0.09%
	ACGL	B	0.28%	0.06%	0.06%
	ACN	A	0.62%	0.39%	0.39%
	ADBE	B	0.46%	0.46%	0.46%
	ADI	C	0.04%	0.22%	0.04%
	ADM	D	0.05%	0.06%	0.05%
	ADP	B	0.23%	0.2%	0.2%
	ADSK	B	0.08%	0.1%	0.08%
	AEE	A	0.08%	0.04%	0.04%
	AEP	A	0.07%	0.1%	0.07%
	AFL	B	0.12%	0.1%	0.1%
	AIG	D	0.07%	0.1%	0.07%
	AJG	A	0.18%	0.12%	0.12%
	AKAM	D	0.13%	0.03%	0.03%
	ALGN	F	0.0%	0.03%	0.0%
	ALL	B	0.07%	0.08%	0.07%
	AMAT	F	0.33%	0.33%	0.33%
	AMD	F	0.04%	0.44%	0.04%
	AME	D	0.01%	0.08%	0.01%
	AMGN	C	0.19%	0.33%	0.19%
	AMP	B	0.07%	0.08%	0.07%
	AMT	A	0.02%	0.19%	0.02%
	AMZN	D	0.31%	3.28%	0.31%
	ANET	D	0.17%	0.16%	0.16%
	ANSS	D	0.0%	0.05%	0.0%
	AON	A	0.15%	0.13%	0.13%
	APD	B	0.02%	0.11%	0.02%
	APH	D	0.4%	0.14%	0.14%
	APO	D	0.01%	0.09%	0.01%
	APP	B	0.0%	0.03%	0.0%
	APTV	D	0.02%	0.04%	0.02%
	ARE	D	0.01%	0.04%	0.01%
	ARES	C	0.0%	0.05%	0.0%
	ATO	A	0.01%	0.04%	0.01%
	AVB	B	0.01%	0.05%	0.01%
	AVGO	D	0.11%	1.4%	0.11%
	AVTR	B	0.01%	0.03%	0.01%
	AVY	B	0.03%	0.03%	0.03%
	AWK	A	0.01%	0.05%	0.01%
	AXON	B	0.0%	0.04%	0.0%
	AXP	B	0.06%	0.24%	0.06%
	AZO	B	0.29%	0.1%	0.1%
	BA	F	0.02%	0.22%	0.02%
	BAC	D	0.33%	0.5%	0.33%
	BAH	B	0.15%	0.03%	0.03%
	BALL	A	0.01%	0.04%	0.01%
	BAX	A	0.02%	0.03%	0.02%
	BBY	A	0.05%	0.03%	0.03%
	BDX	D	0.08%	0.13%	0.08%
	BG	D	0.03%	0.03%	0.03%
	BIIB	D	0.02%	0.06%	0.02%
	BK	B	0.04%	0.09%	0.04%
	BKNG	C	0.02%	0.24%	0.02%
	BKR	D	0.02%	0.07%	0.02%
	BLDR	C	0.04%	0.04%	0.04%
	BLK	B	0.21%	0.23%	0.21%
	BMRN	D	0.1%	0.03%	0.03%
	BMY	B	0.18%	0.18%	0.18%
	BR	C	0.04%	0.05%	0.04%
	BRK.A	B	0.71%	0.04%	0.04%
	BRK.A	B	0.71%	1.45%	0.71%
	BRO	A	0.13%	0.04%	0.04%
	BSX	A	0.02%	0.2%	0.02%
	BURL	B	0.01%	0.03%	0.01%
	BX	B	0.02%	0.19%	0.02%
	C	D	0.22%	0.22%	0.22%
	CAG	A	0.05%	0.03%	0.03%
	CAH	A	0.12%	0.05%	0.05%
	CARR	B	0.02%	0.11%	0.02%
	CAT	C	0.33%	0.32%	0.32%
	CB	A	0.38%	0.21%	0.21%
	CBOE	A	0.25%	0.04%	0.04%
	CBRE	B	0.02%	0.06%	0.02%
	CCI	A	0.02%	0.09%	0.02%
	CCL	D	0.0%	0.03%	0.0%
	CDNS	D	0.12%	0.14%	0.12%
	CDW	D	0.09%	0.05%	0.05%
	CE	F	0.01%	0.03%	0.01%
	CEG	D	0.01%	0.11%	0.01%
	CF	B	0.12%	0.03%	0.03%
	CFG	B	0.03%	0.03%	0.03%
	CHD	A	0.18%	0.04%	0.04%
	CHTR	C	0.05%	0.07%	0.05%
	CI	B	0.2%	0.19%	0.19%
	CINF	B	0.02%	0.04%	0.02%
	CL	A	0.22%	0.15%	0.15%
	CLX	A	0.01%	0.03%	0.01%
	CMCSA	C	0.15%	0.3%	0.15%
	CME	A	0.15%	0.13%	0.13%
	CMG	D	0.13%	0.14%	0.13%
	CMI	B	0.08%	0.07%	0.07%
	CMS	A	0.05%	0.04%	0.04%
	CNC	D	0.06%	0.08%	0.06%
	CNP	D	0.01%	0.03%	0.01%
	COF	C	0.08%	0.1%	0.08%
	COIN	F	0.0%	0.08%	0.0%
	COP	D	0.1%	0.24%	0.1%
	COST	B	0.74%	0.68%	0.68%
	CPAY	B	0.01%	0.04%	0.01%
	CPRT	D	0.07%	0.09%	0.07%
	CRM	D	0.05%	0.45%	0.05%
	CRWD	F	0.0%	0.1%	0.0%
	CSCO	B	0.88%	0.33%	0.33%
	CSGP	C	0.0%	0.06%	0.0%
	CSL	C	0.03%	0.04%	0.03%
	CSX	D	0.11%	0.13%	0.11%
	CTAS	B	0.12%	0.12%	0.12%
	CTRA	F	0.02%	0.03%	0.02%
	CTSH	B	0.2%	0.07%	0.07%
	CTVA	B	0.04%	0.07%	0.04%
	CVS	F	0.17%	0.14%	0.14%
	CVX	F	0.29%	0.53%	0.29%
	D	A	0.06%	0.08%	0.06%
	DAL	D	0.0%	0.05%	0.0%
	DASH	B	0.0%	0.07%	0.0%
	DD	C	0.02%	0.06%	0.02%
	DDOG	D	0.0%	0.06%	0.0%
	DE	B	0.06%	0.18%	0.06%
	DECK	C	0.04%	0.04%	0.04%
	DELL	F	0.01%	0.06%	0.01%
	DFS	C	0.03%	0.07%	0.03%
	DG	F	0.02%	0.05%	0.02%
	DGX	B	0.1%	0.03%	0.03%
	DHI	B	0.12%	0.1%	0.1%
	DHR	B	0.06%	0.35%	0.06%
	DIS	F	0.07%	0.32%	0.07%
	DKNG	D	0.0%	0.03%	0.0%
	DLR	D	0.02%	0.09%	0.02%
	DLTR	F	0.01%	0.04%	0.01%
	DOC	B	0.01%	0.03%	0.01%
	DOV	C	0.04%	0.05%	0.04%
	DOW	D	0.04%	0.07%	0.04%
	DPZ	D	0.06%	0.03%	0.03%
	DRI	A	0.03%	0.03%	0.03%
	DTE	B	0.02%	0.04%	0.02%
	DUK	A	0.35%	0.16%	0.16%
	DVN	F	0.03%	0.06%	0.03%
	DXCM	F	0.0%	0.05%	0.0%
	EA	C	0.18%	0.08%	0.08%
	EBAY	A	0.01%	0.05%	0.01%
	ECL	B	0.01%	0.11%	0.01%
	ED	A	0.36%	0.06%	0.06%
	EFX	B	0.01%	0.06%	0.01%
	EG	B	0.06%	0.03%	0.03%
	EIX	A	0.03%	0.06%	0.03%
	EL	F	0.01%	0.04%	0.01%
	ELV	B	0.28%	0.23%	0.23%
	EME	C	0.03%	0.03%	0.03%
	EMR	D	0.02%	0.13%	0.02%
	ENPH	D	0.03%	0.03%	0.03%
	ENTG	D	0.0%	0.03%	0.0%
	EOG	D	0.05%	0.14%	0.05%
	EQH	C	0.01%	0.03%	0.01%
	EQIX	B	0.01%	0.14%	0.01%
	EQR	B	0.01%	0.05%	0.01%
	EQT	D	0.01%	0.04%	0.01%
	ES	A	0.02%	0.04%	0.02%
	ESS	B	0.01%	0.03%	0.01%
	ETN	D	0.02%	0.23%	0.02%
	ETR	A	0.02%	0.05%	0.02%
	EW	F	0.07%	0.07%	0.07%
	EXC	A	0.03%	0.07%	0.03%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	C	0.01%	0.03%	0.01%
	EXR	B	0.01%	0.06%	0.01%
	F	D	0.09%	0.08%	0.08%
	FANG	D	0.09%	0.07%	0.07%
	FAST	D	0.07%	0.08%	0.07%
	FCNCA	C	0.09%	0.04%	0.04%
	FCX	D	0.02%	0.12%	0.02%
	FDS	C	0.02%	0.03%	0.02%
	FDX	D	0.07%	0.13%	0.07%
	FE	A	0.01%	0.04%	0.01%
	FICO	A	0.04%	0.07%	0.04%
	FIS	A	0.02%	0.08%	0.02%
	FITB	B	0.03%	0.05%	0.03%
	FNF	B	0.01%	0.03%	0.01%
	FSLR	C	0.01%	0.04%	0.01%
	FTNT	B	0.01%	0.07%	0.01%
	FTV	D	0.01%	0.05%	0.01%
	GD	B	0.18%	0.14%	0.14%
	GDDY	C	0.22%	0.04%	0.04%
	GE	C	0.3%	0.33%	0.3%
	GEHC	B	0.02%	0.07%	0.02%
	GEV	A	0.01%	0.09%	0.01%
	GGG	D	0.02%	0.03%	0.02%
	GILD	A	0.21%	0.18%	0.18%
	GIS	A	0.37%	0.07%	0.07%
	GLW	C	0.02%	0.06%	0.02%
	GM	B	0.16%	0.09%	0.09%
	GOOG	D	0.87%	1.55%	0.87%
	GOOGL	D	1.0%	1.89%	1.0%
	GPC	D	0.06%	0.04%	0.04%
	GPN	C	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.05%	0.05%
	GS	C	0.14%	0.31%	0.14%
	GWW	C	0.09%	0.08%	0.08%
	HAL	F	0.02%	0.05%	0.02%
	HBAN	B	0.03%	0.04%	0.03%
	HCA	B	0.04%	0.13%	0.04%
	HD	B	0.13%	0.68%	0.13%
	HEI	B	0.0%	0.04%	0.0%
	HEI	B	0.0%	0.04%	0.0%
	HES	F	0.01%	0.08%	0.01%
	HIG	B	0.03%	0.06%	0.03%
	HLT	C	0.01%	0.1%	0.01%
	HOLX	A	0.01%	0.04%	0.01%
	HON	D	0.23%	0.25%	0.23%
	HPE	D	0.03%	0.05%	0.03%
	HPQ	D	0.04%	0.06%	0.04%
	HSY	A	0.17%	0.05%	0.05%
	HUBB	C	0.03%	0.04%	0.03%
	HUM	D	0.19%	0.08%	0.08%
	HWM	B	0.01%	0.07%	0.01%
	IBM	A	0.44%	0.33%	0.33%
	ICE	A	0.03%	0.16%	0.03%
	IDXX	D	0.08%	0.07%	0.07%
	IEX	D	0.02%	0.03%	0.02%
	IFF	A	0.01%	0.05%	0.01%
	ILMN	B	0.0%	0.04%	0.0%
	INTC	F	0.08%	0.25%	0.08%
	INTU	D	0.23%	0.32%	0.23%
	INVH	B	0.01%	0.04%	0.01%
	IP	B	0.02%	0.03%	0.02%
	IQV	B	0.01%	0.08%	0.01%
	IR	D	0.01%	0.08%	0.01%
	IRM	B	0.01%	0.06%	0.01%
	ISRG	B	0.23%	0.3%	0.23%
	IT	B	0.03%	0.07%	0.03%
	ITW	C	0.12%	0.13%	0.12%
	J	C	0.01%	0.03%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JCI	C	0.02%	0.09%	0.02%
	JNJ	B	1.16%	0.71%	0.71%
	JPM	B	0.55%	1.15%	0.55%
	K	A	0.22%	0.03%	0.03%
	KDP	A	0.15%	0.07%	0.07%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	C	0.17%	0.05%	0.05%
	KHC	A	0.22%	0.05%	0.05%
	KIM	A	0.01%	0.03%	0.01%
	KKR	B	0.02%	0.15%	0.02%
	KLAC	D	0.19%	0.21%	0.19%
	KMB	A	0.12%	0.09%	0.09%
	KMI	B	0.03%	0.07%	0.03%
	KO	B	0.65%	0.48%	0.48%
	KR	C	0.28%	0.07%	0.07%
	KVUE	A	0.07%	0.07%	0.07%
	L	B	0.16%	0.03%	0.03%
	LDOS	B	0.01%	0.04%	0.01%
	LEN	B	0.09%	0.07%	0.07%
	LHX	C	0.02%	0.08%	0.02%
	LII	C	0.0%	0.03%	0.0%
	LIN	B	0.06%	0.41%	0.06%
	LLY	B	1.43%	1.29%	1.29%
	LMT	A	0.43%	0.24%	0.24%
	LNG	B	0.05%	0.07%	0.05%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.07%	0.26%	0.07%
	LPLA	D	0.03%	0.03%	0.03%
	LRCX	F	0.21%	0.23%	0.21%
	LULU	F	0.06%	0.06%	0.06%
	LUV	A	0.0%	0.03%	0.0%
	LVS	D	0.0%	0.03%	0.0%
	LYB	D	0.03%	0.05%	0.03%
	LYV	D	0.0%	0.03%	0.0%
	MA	B	0.63%	0.72%	0.63%
	MAA	B	0.01%	0.03%	0.01%
	MANH	B	0.03%	0.03%	0.03%
	MAR	D	0.01%	0.1%	0.01%
	MAS	B	0.01%	0.03%	0.01%
	MCD	A	0.41%	0.36%	0.36%
	MCHP	D	0.07%	0.09%	0.07%
	MCK	D	0.52%	0.15%	0.15%
	MCO	B	0.13%	0.13%	0.13%
	MDLZ	A	0.16%	0.17%	0.16%
	MDT	A	0.06%	0.2%	0.06%
	MET	B	0.04%	0.09%	0.04%
	META	C	1.93%	1.95%	1.93%
	MKC	A	0.01%	0.04%	0.01%
	MKL	C	0.12%	0.04%	0.04%
	MLM	D	0.01%	0.07%	0.01%
	MMC	A	0.51%	0.21%	0.21%
	MMM	B	0.14%	0.13%	0.13%
	MNST	D	0.06%	0.07%	0.06%
	MO	A	0.04%	0.16%	0.04%
	MOH	C	0.07%	0.04%	0.04%
	MPC	D	0.19%	0.12%	0.12%
	MPWR	C	0.07%	0.07%	0.07%
	MRK	D	0.51%	0.54%	0.51%
	MRNA	F	0.02%	0.08%	0.02%
	MRO	C	0.02%	0.03%	0.02%
	MRVL	D	0.01%	0.11%	0.01%
	MS	C	0.09%	0.24%	0.09%
	MSCI	B	0.0%	0.08%	0.0%
	MSFT	D	2.24%	5.83%	2.24%
	MSI	B	0.57%	0.12%	0.12%
	MTB	B	0.04%	0.05%	0.04%
	MU	F	0.04%	0.23%	0.04%
	NBIX	D	0.11%	0.03%	0.03%
	NDAQ	A	0.01%	0.06%	0.01%
	NEE	A	0.06%	0.29%	0.06%
	NEM	B	0.04%	0.11%	0.04%
	NET	F	0.0%	0.04%	0.0%
	NFLX	B	0.45%	0.51%	0.45%
	NI	A	0.01%	0.03%	0.01%
	NKE	C	0.18%	0.17%	0.17%
	NOC	B	0.33%	0.12%	0.12%
	NOW	B	0.01%	0.31%	0.01%
	NRG	C	0.01%	0.03%	0.01%
	NSC	B	0.03%	0.11%	0.03%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	B	0.01%	0.03%	0.01%
	NUE	F	0.04%	0.07%	0.04%
	NVDA	D	2.21%	5.13%	2.21%
	NVR	B	0.06%	0.05%	0.05%
	O	A	0.02%	0.09%	0.02%
	OC	D	0.03%	0.03%	0.03%
	ODFL	D	0.07%	0.08%	0.07%
	OKE	A	0.02%	0.09%	0.02%
	OKTA	F	0.0%	0.03%	0.0%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.02%	0.06%	0.02%
	ORCL	A	0.19%	0.43%	0.19%
	ORLY	B	0.22%	0.12%	0.12%
	OTIS	D	0.01%	0.07%	0.01%
	OXY	F	0.04%	0.07%	0.04%
	PANW	B	0.16%	0.2%	0.16%
	PAYX	B	0.09%	0.08%	0.08%
	PCAR	D	0.09%	0.1%	0.09%
	PCG	A	0.03%	0.09%	0.03%
	PEG	B	0.02%	0.07%	0.02%
	PEP	A	0.84%	0.44%	0.44%
	PFE	D	0.2%	0.32%	0.2%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.93%	0.71%	0.71%
	PGR	A	0.33%	0.23%	0.23%
	PH	B	0.02%	0.14%	0.02%
	PHM	B	0.06%	0.05%	0.05%
	PINS	F	0.0%	0.04%	0.0%
	PKG	B	0.03%	0.03%	0.03%
	PLD	B	0.05%	0.22%	0.05%
	PLTR	B	0.0%	0.1%	0.0%
	PM	A	0.07%	0.34%	0.07%
	PNC	B	0.08%	0.13%	0.08%
	PNR	B	0.02%	0.03%	0.02%
	PODD	A	0.0%	0.03%	0.0%
	POOL	C	0.03%	0.03%	0.03%
	PPG	D	0.01%	0.06%	0.01%
	PPL	A	0.01%	0.04%	0.01%
	PRU	C	0.04%	0.08%	0.04%
	PSA	A	0.08%	0.09%	0.08%
	PSTG	F	0.0%	0.03%	0.0%
	PSX	D	0.14%	0.12%	0.12%
	PTC	D	0.07%	0.04%	0.04%
	PWR	C	0.01%	0.07%	0.01%
	PYPL	B	0.04%	0.13%	0.04%
	QCOM	F	0.34%	0.38%	0.34%
	RBLX	B	0.0%	0.04%	0.0%
	RCL	C	0.0%	0.06%	0.0%
	REGN	B	0.48%	0.21%	0.21%
	RF	B	0.03%	0.04%	0.03%
	RJF	D	0.01%	0.04%	0.01%
	RMD	A	0.05%	0.06%	0.05%
	ROK	D	0.05%	0.06%	0.05%
	ROL	B	0.08%	0.03%	0.03%
	ROP	C	0.48%	0.11%	0.11%
	ROST	B	0.02%	0.09%	0.02%
	RPM	A	0.0%	0.03%	0.0%
	RS	D	0.01%	0.03%	0.01%
	RSG	B	0.45%	0.07%	0.07%
	RTX	B	0.09%	0.29%	0.09%
	SBAC	A	0.01%	0.04%	0.01%
	SBUX	B	0.04%	0.17%	0.04%
	SCHW	D	0.03%	0.17%	0.03%
	SHW	B	0.13%	0.15%	0.13%
	SLB	F	0.03%	0.13%	0.03%
	SMCI	F	0.03%	0.07%	0.03%
	SNA	D	0.03%	0.03%	0.03%
	SNAP	F	0.0%	0.03%	0.0%
	SNOW	F	0.0%	0.07%	0.0%
	SNPS	D	0.11%	0.16%	0.11%
	SO	A	0.45%	0.17%	0.17%
	SPG	B	0.02%	0.09%	0.02%
	SPGI	A	0.04%	0.29%	0.04%
	SQ	D	0.01%	0.06%	0.01%
	SRE	B	0.03%	0.09%	0.03%
	SSNC	B	0.01%	0.03%	0.01%
	STE	A	0.01%	0.04%	0.01%
	STLD	D	0.02%	0.04%	0.02%
	STT	B	0.03%	0.05%	0.03%
	STX	D	0.01%	0.04%	0.01%
	STZ	B	0.01%	0.08%	0.01%
	SUI	A	0.01%	0.03%	0.01%
	SW	D	0.02%	0.04%	0.02%
	SWK	B	0.01%	0.03%	0.01%
	SWKS	D	0.03%	0.03%	0.03%
	SYF	C	0.03%	0.04%	0.03%
	SYK	A	0.03%	0.21%	0.03%
	SYY	A	0.03%	0.07%	0.03%
	T	A	0.33%	0.26%	0.26%
	TDG	B	0.01%	0.13%	0.01%
	TDY	B	0.05%	0.04%	0.04%
	TEL	C	0.09%	0.09%	0.09%
	TER	D	0.03%	0.04%	0.03%
	TFC	B	0.08%	0.11%	0.08%
	TGT	B	0.15%	0.13%	0.13%
	TJX	B	0.34%	0.24%	0.24%
	TMO	A	0.07%	0.44%	0.07%
	TMUS	B	0.64%	0.18%	0.18%
	TPL	C	0.04%	0.03%	0.03%
	TRGP	A	0.03%	0.06%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRU	B	0.01%	0.03%	0.01%
	TRV	A	0.25%	0.09%	0.09%
	TSCO	B	0.05%	0.05%	0.05%
	TSLA	D	0.1%	1.18%	0.1%
	TSN	A	0.15%	0.03%	0.03%
	TT	B	0.13%	0.14%	0.13%
	TTD	B	0.0%	0.07%	0.0%
	TTWO	B	0.01%	0.05%	0.01%
	TXN	C	0.49%	0.35%	0.35%
	TXT	D	0.01%	0.03%	0.01%
	TYL	A	0.0%	0.05%	0.0%
	UBER	B	0.01%	0.24%	0.01%
	ULTA	D	0.06%	0.03%	0.03%
	UNH	A	1.32%	0.99%	0.99%
	UNP	B	0.28%	0.28%	0.28%
	UPS	F	0.06%	0.18%	0.06%
	URI	C	0.02%	0.09%	0.02%
	USB	B	0.08%	0.13%	0.08%
	UTHR	B	0.14%	0.03%	0.03%
	V	A	1.04%	0.78%	0.78%
	VEEV	A	0.04%	0.05%	0.04%
	VICI	A	0.02%	0.06%	0.02%
	VLO	D	0.07%	0.1%	0.07%
	VLTO	B	0.05%	0.05%	0.05%
	VMC	D	0.01%	0.07%	0.01%
	VRSK	C	0.01%	0.07%	0.01%
	VRSN	C	0.14%	0.03%	0.03%
	VRT	F	0.0%	0.05%	0.0%
	VRTX	D	0.44%	0.24%	0.24%
	VST	C	0.01%	0.05%	0.01%
	VTR	A	0.01%	0.04%	0.01%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	B	0.57%	0.29%	0.29%
	WAB	B	0.01%	0.05%	0.01%
	WAT	B	0.03%	0.04%	0.03%
	WBD	D	0.06%	0.04%	0.04%
	WCN	B	0.27%	0.09%	0.09%
	WDAY	C	0.04%	0.09%	0.04%
	WDC	D	0.01%	0.04%	0.01%
	WEC	A	0.19%	0.05%	0.05%
	WELL	A	0.02%	0.12%	0.02%
	WFC	D	0.21%	0.39%	0.21%
	WM	D	0.5%	0.15%	0.15%
	WMB	B	0.15%	0.1%	0.1%
	WMT	A	0.68%	0.57%	0.57%
	WRB	B	0.14%	0.03%	0.03%
	WSM	D	0.04%	0.04%	0.04%
	WSO	D	0.03%	0.03%	0.03%
	WST	D	0.03%	0.04%	0.03%
	WTW	A	0.07%	0.05%	0.05%
	WY	C	0.02%	0.04%	0.02%
	XEL	A	0.07%	0.06%	0.06%
	XOM	C	0.45%	1.0%	0.45%
	XYL	D	0.01%	0.06%	0.01%
	YUM	B	0.15%	0.07%	0.07%
	ZBH	D	0.01%	0.04%	0.01%
	ZBRA	C	0.01%	0.03%	0.01%
	ZM	B	0.01%	0.03%	0.01%
	ZTS	A	0.16%	0.14%	0.14%

QWLD Overweight 136 Positions Relative to VTI

	Symbol	Grade	Weight
	NVS	B	0.91%
	UL	A	0.3%
	MFG	D	0.2%
	CHKP	B	0.19%
	TM	F	0.16%
	ERIE	A	0.14%
	MUFG	D	0.13%
	DEO	C	0.13%
	INCY	C	0.13%
	JNPR	A	0.13%
	TD	A	0.13%
	FFIV	B	0.13%
	E	D	0.13%
	CNI	D	0.11%
	SMFG	D	0.1%
	HRL	A	0.1%
	CPB	A	0.1%
	STLA	F	0.1%
	BCS	B	0.1%
	LYG	C	0.09%
	HMC	D	0.08%
	AMCR	B	0.08%
	SONY	B	0.08%
	LOGI	D	0.07%
	AIZ	B	0.07%
	SJM	A	0.07%
	JKHY	B	0.06%
	MT	D	0.05%
	BTI	A	0.05%
	DINO	F	0.05%
	WBA	F	0.04%
	IPG	B	0.03%
	SOLV	B	0.03%
	DKS	C	0.03%
	APA	F	0.03%
	CHK	F	0.02%
	NMR	D	0.02%
	KMX	C	0.02%
	ACI	D	0.02%
	TTC	D	0.02%
	NXPI	D	0.02%
	ALLY	C	0.02%
	OVV	F	0.02%
	AER	C	0.02%
	AOS	D	0.02%
	EPAM	C	0.02%
	AFG	A	0.02%
	MOS	F	0.02%
	NDSN	C	0.02%
	ALLE	B	0.02%
	OTEX	C	0.01%
	WTRG	D	0.01%
	MGM	F	0.01%
	CTLT	A	0.01%
	CPT	B	0.01%
	UHAL	B	0.01%
	TFX	A	0.01%
	FOX	B	0.01%
	DVA	B	0.01%
	HST	D	0.01%
	CG	D	0.01%
	GLPI	A	0.01%
	RPRX	B	0.01%
	NWSA	C	0.01%
	REG	A	0.01%
	BEN	F	0.01%
	CZR	D	0.01%
	MBAVU	B	0.01%
	ACM	B	0.01%
	WPC	A	0.01%
	HSIC	C	0.01%
	BXP	A	0.01%
	QRVO	D	0.01%
	SE	B	0.01%
	CCEP	A	0.01%
	CCK	A	0.01%
	HII	B	0.01%
	AGCO	F	0.01%
	WFG	B	0.01%
	KNX	D	0.01%
	ALB	F	0.01%
	AES	D	0.01%
	CHRD	F	0.01%
	EMN	C	0.01%
	PCTY	C	0.01%
	LKQ	D	0.01%
	TAP	C	0.01%
	BSY	D	0.01%
	EVRG	A	0.01%
	FOXA	B	0.01%
	CRBG	C	0.01%
	CHRW	B	0.01%
	LSCC	F	0.01%
	UHS	B	0.01%
	CNH	C	0.01%
	SEIC	D	0.01%
	JBL	F	0.01%
	MKTX	A	0.01%
	CLF	F	0.01%
	PARA	F	0.01%
	PAYC	D	0.01%
	CFLT	F	0.0%
	GLBE	D	0.0%
	IOT	A	0.0%
	TOST	D	0.0%
	PATH	D	0.0%
	XRX	D	0.0%
	FUTU	F	0.0%
	U	D	0.0%
	RGEN	C	0.0%
	H	C	0.0%
	DAY	C	0.0%
	DOCU	A	0.0%
	GRAB	D	0.0%
	DT	A	0.0%
	WYNN	D	0.0%
	HOOD	D	0.0%
	ROKU	C	0.0%
	TECH	D	0.0%
	ETSY	F	0.0%
	EXAS	B	0.0%
	Z	B	0.0%
	TW	B	0.0%
	ELS	A	0.0%
	LW	D	0.0%
	RIVN	F	0.0%
	BBWI	F	0.0%
	WLK	D	0.0%
	QGEN	B	0.0%
	CRL	F	0.0%
	UDR	B	0.0%
	MTCH	B	0.0%
	BIO	A	0.0%
	TWLO	D	0.0%
	AMH	A	0.0%
	TRMB	D	0.0%

QWLD Underweight 16 Positions Relative to VTI

	Symbol	Grade	Weight
	ALNY	C	-0.06%
	MTD	C	-0.06%
	HUBS	F	-0.05%
	MSTR	F	-0.05%
	TEAM	F	-0.05%
	WMS	D	-0.03%
	CVNA	C	-0.03%
	CASY	C	-0.03%
	THC	B	-0.03%
	RBA	B	-0.03%
	RGA	B	-0.03%
	TOL	B	-0.03%
	UAL	C	-0.03%
	BLD	D	-0.03%
	ZS	F	-0.03%
	MDB	C	-0.03%

QWLD: Top Represented Industries & Keywords

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

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

VTI: Top Represented Industries & Keywords

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

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