QWLD vs. VV ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Vanguard Large-Cap ETF - DNQ (VV)

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

VV

Vanguard Large-Cap ETF - DNQ

VV 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 CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. 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

$247.72

Average Daily Volume

236,306

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	VV
30 Days	4.66%	4.16%
60 Days	2.00%	-2.72%
90 Days	3.43%	1.56%
12 Months	21.25%	23.30%

474 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in VV	Overlap
	A	B	0.07%	0.09%	0.07%
	AAPL	C	2.56%	6.94%	2.56%
	ABBV	B	0.16%	0.7%	0.16%
	ABBV	B	0.4%	0.7%	0.4%
	ABNB	F	0.01%	0.12%	0.01%
	ABT	A	0.09%	0.4%	0.09%
	ACGL	B	0.28%	0.07%	0.07%
	ACN	A	0.62%	0.45%	0.45%
	ADBE	B	0.46%	0.53%	0.46%
	ADI	C	0.04%	0.25%	0.04%
	ADM	D	0.05%	0.07%	0.05%
	ADP	B	0.23%	0.23%	0.23%
	ADSK	B	0.08%	0.11%	0.08%
	AEE	A	0.08%	0.05%	0.05%
	AEP	A	0.07%	0.11%	0.07%
	AES	D	0.01%	0.01%	0.01%
	AFL	B	0.12%	0.12%	0.12%
	AIG	D	0.07%	0.11%	0.07%
	AJG	A	0.18%	0.13%	0.13%
	AKAM	D	0.13%	0.03%	0.03%
	ALB	F	0.01%	0.02%	0.01%
	ALGN	F	0.0%	0.04%	0.0%
	ALL	B	0.07%	0.1%	0.07%
	AMAT	F	0.33%	0.38%	0.33%
	AMD	F	0.04%	0.5%	0.04%
	AME	D	0.01%	0.09%	0.01%
	AMGN	C	0.19%	0.38%	0.19%
	AMP	B	0.07%	0.09%	0.07%
	AMT	A	0.02%	0.22%	0.02%
	AMZN	D	0.31%	3.76%	0.31%
	ANET	D	0.17%	0.19%	0.17%
	ANSS	D	0.0%	0.06%	0.0%
	AON	A	0.15%	0.15%	0.15%
	APD	B	0.02%	0.13%	0.02%
	APH	D	0.4%	0.17%	0.17%
	APO	D	0.01%	0.11%	0.01%
	APTV	D	0.02%	0.04%	0.02%
	ARE	D	0.01%	0.04%	0.01%
	ARES	C	0.0%	0.06%	0.0%
	AVB	B	0.01%	0.06%	0.01%
	AVGO	D	0.11%	1.6%	0.11%
	AVTR	B	0.01%	0.04%	0.01%
	AVY	B	0.03%	0.04%	0.03%
	AWK	A	0.01%	0.06%	0.01%
	AXP	B	0.06%	0.27%	0.06%
	AZO	B	0.29%	0.12%	0.12%
	BA	F	0.02%	0.25%	0.02%
	BAC	D	0.33%	0.57%	0.33%
	BALL	A	0.01%	0.04%	0.01%
	BAX	A	0.02%	0.04%	0.02%
	BBY	A	0.05%	0.04%	0.04%
	BDX	D	0.08%	0.15%	0.08%
	BEN	F	0.01%	0.02%	0.01%
	BIIB	D	0.02%	0.07%	0.02%
	BK	B	0.04%	0.1%	0.04%
	BKNG	C	0.02%	0.27%	0.02%
	BKR	D	0.02%	0.08%	0.02%
	BLK	B	0.21%	0.27%	0.21%
	BMRN	D	0.1%	0.03%	0.03%
	BMY	B	0.18%	0.21%	0.18%
	BR	C	0.04%	0.05%	0.04%
	BRK.A	B	0.71%	0.07%	0.07%
	BRK.A	B	0.71%	1.64%	0.71%
	BRO	A	0.13%	0.02%	0.02%
	BSX	A	0.02%	0.23%	0.02%
	BSY	D	0.01%	0.02%	0.01%
	BURL	B	0.01%	0.04%	0.01%
	BX	B	0.02%	0.22%	0.02%
	C	D	0.22%	0.25%	0.22%
	CAG	A	0.05%	0.03%	0.03%
	CAH	A	0.12%	0.05%	0.05%
	CARR	B	0.02%	0.13%	0.02%
	CAT	C	0.33%	0.36%	0.33%
	CB	A	0.38%	0.24%	0.24%
	CBOE	A	0.25%	0.04%	0.04%
	CBRE	B	0.02%	0.07%	0.02%
	CCI	A	0.02%	0.1%	0.02%
	CCL	D	0.0%	0.04%	0.0%
	CDNS	D	0.12%	0.16%	0.12%
	CDW	D	0.09%	0.06%	0.06%
	CE	F	0.01%	0.03%	0.01%
	CEG	D	0.01%	0.13%	0.01%
	CF	B	0.12%	0.03%	0.03%
	CFG	B	0.03%	0.04%	0.03%
	CHD	A	0.18%	0.05%	0.05%
	CHTR	C	0.05%	0.08%	0.05%
	CI	B	0.2%	0.21%	0.2%
	CINF	B	0.02%	0.04%	0.02%
	CL	A	0.22%	0.17%	0.17%
	CLX	A	0.01%	0.04%	0.01%
	CMCSA	C	0.15%	0.35%	0.15%
	CME	A	0.15%	0.15%	0.15%
	CMG	D	0.13%	0.16%	0.13%
	CMI	B	0.08%	0.09%	0.08%
	CMS	A	0.05%	0.04%	0.04%
	CNC	D	0.06%	0.09%	0.06%
	CNP	D	0.01%	0.04%	0.01%
	COF	C	0.08%	0.12%	0.08%
	COIN	F	0.0%	0.09%	0.0%
	COP	D	0.1%	0.28%	0.1%
	COST	B	0.74%	0.78%	0.74%
	CPAY	B	0.01%	0.04%	0.01%
	CPB	A	0.1%	0.02%	0.02%
	CPRT	D	0.07%	0.1%	0.07%
	CRBG	C	0.01%	0.02%	0.01%
	CRM	D	0.05%	0.51%	0.05%
	CRWD	F	0.0%	0.11%	0.0%
	CSCO	B	0.88%	0.38%	0.38%
	CSGP	C	0.0%	0.07%	0.0%
	CSX	D	0.11%	0.15%	0.11%
	CTAS	B	0.12%	0.14%	0.12%
	CTRA	F	0.02%	0.04%	0.02%
	CTSH	B	0.2%	0.08%	0.08%
	CTVA	B	0.04%	0.08%	0.04%
	CVS	F	0.17%	0.16%	0.16%
	CVX	F	0.29%	0.6%	0.29%
	D	A	0.06%	0.1%	0.06%
	DAL	D	0.0%	0.06%	0.0%
	DASH	B	0.0%	0.08%	0.0%
	DD	C	0.02%	0.07%	0.02%
	DDOG	D	0.0%	0.07%	0.0%
	DE	B	0.06%	0.21%	0.06%
	DELL	F	0.01%	0.06%	0.01%
	DFS	C	0.03%	0.08%	0.03%
	DG	F	0.02%	0.06%	0.02%
	DGX	B	0.1%	0.03%	0.03%
	DHI	B	0.12%	0.11%	0.11%
	DHR	B	0.06%	0.4%	0.06%
	DIS	F	0.07%	0.37%	0.07%
	DLR	D	0.02%	0.1%	0.02%
	DLTR	F	0.01%	0.05%	0.01%
	DOC	B	0.01%	0.02%	0.01%
	DOV	C	0.04%	0.05%	0.04%
	DOW	D	0.04%	0.08%	0.04%
	DPZ	D	0.06%	0.03%	0.03%
	DRI	A	0.03%	0.04%	0.03%
	DTE	B	0.02%	0.05%	0.02%
	DUK	A	0.35%	0.18%	0.18%
	DVN	F	0.03%	0.06%	0.03%
	DXCM	F	0.0%	0.06%	0.0%
	EA	C	0.18%	0.09%	0.09%
	EBAY	A	0.01%	0.06%	0.01%
	ECL	B	0.01%	0.13%	0.01%
	ED	A	0.36%	0.07%	0.07%
	EFX	B	0.01%	0.07%	0.01%
	EG	B	0.06%	0.04%	0.04%
	EIX	A	0.03%	0.07%	0.03%
	EL	F	0.01%	0.05%	0.01%
	ELV	B	0.28%	0.27%	0.27%
	EMR	D	0.02%	0.14%	0.02%
	ENPH	D	0.03%	0.03%	0.03%
	EOG	D	0.05%	0.16%	0.05%
	EPAM	C	0.02%	0.01%	0.01%
	EQIX	B	0.01%	0.16%	0.01%
	EQR	B	0.01%	0.05%	0.01%
	EQT	D	0.01%	0.02%	0.01%
	ES	A	0.02%	0.05%	0.02%
	ESS	B	0.01%	0.04%	0.01%
	ETN	D	0.02%	0.26%	0.02%
	ETR	A	0.02%	0.05%	0.02%
	EVRG	A	0.01%	0.01%	0.01%
	EW	F	0.07%	0.08%	0.07%
	EXC	A	0.03%	0.08%	0.03%
	EXPD	D	0.04%	0.04%	0.04%
	EXPE	C	0.01%	0.03%	0.01%
	EXR	B	0.01%	0.07%	0.01%
	F	D	0.09%	0.09%	0.09%
	FANG	D	0.09%	0.08%	0.08%
	FAST	D	0.07%	0.09%	0.07%
	FCX	D	0.02%	0.14%	0.02%
	FDS	C	0.02%	0.03%	0.02%
	FDX	D	0.07%	0.14%	0.07%
	FE	A	0.01%	0.05%	0.01%
	FICO	A	0.04%	0.08%	0.04%
	FIS	A	0.02%	0.09%	0.02%
	FITB	B	0.03%	0.06%	0.03%
	FNF	B	0.01%	0.03%	0.01%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.01%	0.02%	0.01%
	FSLR	C	0.01%	0.05%	0.01%
	FTNT	B	0.01%	0.08%	0.01%
	FTV	D	0.01%	0.05%	0.01%
	GD	B	0.18%	0.16%	0.16%
	GDDY	C	0.22%	0.04%	0.04%
	GE	C	0.3%	0.38%	0.3%
	GEHC	B	0.02%	0.08%	0.02%
	GEV	A	0.01%	0.1%	0.01%
	GILD	A	0.21%	0.2%	0.2%
	GIS	A	0.37%	0.08%	0.08%
	GLW	C	0.02%	0.07%	0.02%
	GM	B	0.16%	0.11%	0.11%
	GOOG	D	0.87%	1.77%	0.87%
	GOOGL	D	1.0%	2.16%	1.0%
	GPC	D	0.06%	0.04%	0.04%
	GPN	C	0.02%	0.06%	0.02%
	GRMN	B	0.05%	0.06%	0.05%
	GS	C	0.14%	0.35%	0.14%
	GWW	C	0.09%	0.09%	0.09%
	HAL	F	0.02%	0.06%	0.02%
	HBAN	B	0.03%	0.05%	0.03%
	HCA	B	0.04%	0.15%	0.04%
	HD	B	0.13%	0.78%	0.13%
	HEI	B	0.0%	0.03%	0.0%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HES	F	0.01%	0.1%	0.01%
	HIG	B	0.03%	0.07%	0.03%
	HLT	C	0.01%	0.12%	0.01%
	HOLX	A	0.01%	0.04%	0.01%
	HON	D	0.23%	0.29%	0.23%
	HPE	D	0.03%	0.06%	0.03%
	HPQ	D	0.04%	0.07%	0.04%
	HRL	A	0.1%	0.02%	0.02%
	HST	D	0.01%	0.01%	0.01%
	HSY	A	0.17%	0.06%	0.06%
	HUBB	C	0.03%	0.02%	0.02%
	HUM	D	0.19%	0.09%	0.09%
	HWM	B	0.01%	0.08%	0.01%
	IBM	A	0.44%	0.38%	0.38%
	ICE	A	0.03%	0.19%	0.03%
	IDXX	D	0.08%	0.08%	0.08%
	IFF	A	0.01%	0.05%	0.01%
	ILMN	B	0.0%	0.04%	0.0%
	INCY	C	0.13%	0.02%	0.02%
	INTC	F	0.08%	0.28%	0.08%
	INTU	D	0.23%	0.37%	0.23%
	INVH	B	0.01%	0.04%	0.01%
	IP	B	0.02%	0.03%	0.02%
	IQV	B	0.01%	0.09%	0.01%
	IR	D	0.01%	0.09%	0.01%
	IRM	B	0.01%	0.06%	0.01%
	ISRG	B	0.23%	0.34%	0.23%
	IT	B	0.03%	0.08%	0.03%
	ITW	C	0.12%	0.15%	0.12%
	J	C	0.01%	0.04%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JCI	C	0.02%	0.1%	0.02%
	JNJ	B	1.16%	0.81%	0.81%
	JPM	B	0.55%	1.31%	0.55%
	K	A	0.22%	0.03%	0.03%
	KDP	A	0.15%	0.08%	0.08%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	C	0.17%	0.05%	0.05%
	KHC	A	0.22%	0.06%	0.06%
	KKR	B	0.02%	0.18%	0.02%
	KLAC	D	0.19%	0.24%	0.19%
	KMB	A	0.12%	0.1%	0.1%
	KMI	B	0.03%	0.09%	0.03%
	KO	B	0.65%	0.56%	0.56%
	KR	C	0.28%	0.08%	0.08%
	KVUE	A	0.07%	0.08%	0.07%
	L	B	0.16%	0.03%	0.03%
	LDOS	B	0.01%	0.02%	0.01%
	LEN	B	0.09%	0.0%	0.0%
	LEN	B	0.09%	0.09%	0.09%
	LHX	C	0.02%	0.09%	0.02%
	LIN	B	0.06%	0.47%	0.06%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	B	1.43%	1.48%	1.43%
	LMT	A	0.43%	0.28%	0.28%
	LNG	B	0.05%	0.09%	0.05%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.07%	0.3%	0.07%
	LPLA	D	0.03%	0.04%	0.03%
	LRCX	F	0.21%	0.26%	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%
	LW	D	0.0%	0.01%	0.0%
	LYB	D	0.03%	0.06%	0.03%
	LYV	D	0.0%	0.03%	0.0%
	MA	B	0.63%	0.83%	0.63%
	MAA	B	0.01%	0.04%	0.01%
	MAR	D	0.01%	0.11%	0.01%
	MAS	B	0.01%	0.04%	0.01%
	MCD	A	0.41%	0.41%	0.41%
	MCHP	D	0.07%	0.1%	0.07%
	MCK	D	0.52%	0.17%	0.17%
	MCO	B	0.13%	0.15%	0.13%
	MDLZ	A	0.16%	0.2%	0.16%
	MDT	A	0.06%	0.23%	0.06%
	MET	B	0.04%	0.1%	0.04%
	META	C	1.93%	2.23%	1.93%
	MGM	F	0.01%	0.02%	0.01%
	MKC	A	0.01%	0.04%	0.01%
	MKL	C	0.12%	0.04%	0.04%
	MLM	D	0.01%	0.08%	0.01%
	MMC	A	0.51%	0.24%	0.24%
	MMM	B	0.14%	0.15%	0.14%
	MNST	D	0.06%	0.08%	0.06%
	MO	A	0.04%	0.18%	0.04%
	MOH	C	0.07%	0.04%	0.04%
	MPC	D	0.19%	0.13%	0.13%
	MPWR	C	0.07%	0.09%	0.07%
	MRK	D	0.51%	0.61%	0.51%
	MRNA	F	0.02%	0.09%	0.02%
	MRO	C	0.02%	0.03%	0.02%
	MRVL	D	0.01%	0.12%	0.01%
	MS	C	0.09%	0.27%	0.09%
	MSCI	B	0.0%	0.09%	0.0%
	MSFT	D	2.24%	6.67%	2.24%
	MSI	B	0.57%	0.14%	0.14%
	MTB	B	0.04%	0.06%	0.04%
	MU	F	0.04%	0.26%	0.04%
	NDAQ	A	0.01%	0.07%	0.01%
	NEE	A	0.06%	0.34%	0.06%
	NEM	B	0.04%	0.12%	0.04%
	NET	F	0.0%	0.05%	0.0%
	NFLX	B	0.45%	0.58%	0.45%
	NI	A	0.01%	0.02%	0.01%
	NKE	C	0.18%	0.19%	0.18%
	NOC	B	0.33%	0.14%	0.14%
	NOW	B	0.01%	0.36%	0.01%
	NSC	B	0.03%	0.12%	0.03%
	NTAP	D	0.05%	0.06%	0.05%
	NTRS	B	0.01%	0.04%	0.01%
	NUE	F	0.04%	0.08%	0.04%
	NVDA	D	2.21%	5.87%	2.21%
	NVR	B	0.06%	0.06%	0.06%
	NWSA	C	0.01%	0.02%	0.01%
	O	A	0.02%	0.11%	0.02%
	ODFL	D	0.07%	0.09%	0.07%
	OKE	A	0.02%	0.1%	0.02%
	OKTA	F	0.0%	0.03%	0.0%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.02%	0.07%	0.02%
	ORCL	A	0.19%	0.49%	0.19%
	ORLY	B	0.22%	0.14%	0.14%
	OTIS	D	0.01%	0.08%	0.01%
	OXY	F	0.04%	0.08%	0.04%
	PANW	B	0.16%	0.23%	0.16%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	D	0.09%	0.11%	0.09%
	PCG	A	0.03%	0.1%	0.03%
	PEG	B	0.02%	0.09%	0.02%
	PEP	A	0.84%	0.51%	0.51%
	PFE	D	0.2%	0.37%	0.2%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.93%	0.81%	0.81%
	PGR	A	0.33%	0.27%	0.27%
	PH	B	0.02%	0.15%	0.02%
	PHM	B	0.06%	0.06%	0.06%
	PINS	F	0.0%	0.04%	0.0%
	PKG	B	0.03%	0.04%	0.03%
	PLD	B	0.05%	0.25%	0.05%
	PLTR	B	0.0%	0.12%	0.0%
	PM	A	0.07%	0.38%	0.07%
	PNC	B	0.08%	0.15%	0.08%
	PODD	A	0.0%	0.01%	0.0%
	POOL	C	0.03%	0.01%	0.01%
	PPG	D	0.01%	0.06%	0.01%
	PPL	A	0.01%	0.05%	0.01%
	PRU	C	0.04%	0.1%	0.04%
	PSA	A	0.08%	0.1%	0.08%
	PSX	D	0.14%	0.13%	0.13%
	PWR	C	0.01%	0.08%	0.01%
	PYPL	B	0.04%	0.15%	0.04%
	QCOM	F	0.34%	0.43%	0.34%
	RBLX	B	0.0%	0.04%	0.0%
	RCL	C	0.0%	0.07%	0.0%
	REGN	B	0.48%	0.24%	0.24%
	RF	B	0.03%	0.04%	0.03%
	RJF	D	0.01%	0.05%	0.01%
	RMD	A	0.05%	0.07%	0.05%
	ROK	D	0.05%	0.07%	0.05%
	ROL	B	0.08%	0.03%	0.03%
	ROP	C	0.48%	0.13%	0.13%
	ROST	B	0.02%	0.1%	0.02%
	RPRX	B	0.01%	0.02%	0.01%
	RSG	B	0.45%	0.09%	0.09%
	RTX	B	0.09%	0.34%	0.09%
	SBAC	A	0.01%	0.05%	0.01%
	SBUX	B	0.04%	0.19%	0.04%
	SCHW	D	0.03%	0.2%	0.03%
	SHW	B	0.13%	0.17%	0.13%
	SJM	A	0.07%	0.01%	0.01%
	SLB	F	0.03%	0.15%	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%	0.08%	0.0%
	SNPS	D	0.11%	0.18%	0.11%
	SO	A	0.45%	0.2%	0.2%
	SPG	B	0.02%	0.1%	0.02%
	SPGI	A	0.04%	0.33%	0.04%
	SQ	D	0.01%	0.07%	0.01%
	SRE	B	0.03%	0.11%	0.03%
	SSNC	B	0.01%	0.03%	0.01%
	STE	A	0.01%	0.05%	0.01%
	STLD	D	0.02%	0.02%	0.02%
	STT	B	0.03%	0.05%	0.03%
	STX	D	0.01%	0.05%	0.01%
	STZ	B	0.01%	0.09%	0.01%
	SUI	A	0.01%	0.03%	0.01%
	SWK	B	0.01%	0.03%	0.01%
	SWKS	D	0.03%	0.04%	0.03%
	SYF	C	0.03%	0.04%	0.03%
	SYK	A	0.03%	0.24%	0.03%
	SYY	A	0.03%	0.08%	0.03%
	T	A	0.33%	0.3%	0.3%
	TDG	B	0.01%	0.15%	0.01%
	TDY	B	0.05%	0.04%	0.04%
	TEL	C	0.09%	0.1%	0.09%
	TER	D	0.03%	0.04%	0.03%
	TFC	B	0.08%	0.13%	0.08%
	TGT	B	0.15%	0.15%	0.15%
	TJX	B	0.34%	0.27%	0.27%
	TMO	A	0.07%	0.5%	0.07%
	TMUS	B	0.64%	0.21%	0.21%
	TPL	C	0.04%	0.02%	0.02%
	TRMB	D	0.0%	0.03%	0.0%
	TROW	D	0.05%	0.05%	0.05%
	TRU	B	0.01%	0.04%	0.01%
	TRV	A	0.25%	0.11%	0.11%
	TSCO	B	0.05%	0.06%	0.05%
	TSLA	D	0.1%	1.35%	0.1%
	TSN	A	0.15%	0.04%	0.04%
	TT	B	0.13%	0.16%	0.13%
	TTD	B	0.0%	0.09%	0.0%
	TTWO	B	0.01%	0.05%	0.01%
	TW	B	0.0%	0.03%	0.0%
	TXN	C	0.49%	0.4%	0.4%
	TXT	D	0.01%	0.04%	0.01%
	TYL	A	0.0%	0.05%	0.0%
	UBER	B	0.01%	0.27%	0.01%
	UDR	B	0.0%	0.01%	0.0%
	ULTA	D	0.06%	0.04%	0.04%
	UNH	A	1.32%	1.14%	1.14%
	UNP	B	0.28%	0.32%	0.28%
	UPS	F	0.06%	0.2%	0.06%
	URI	C	0.02%	0.11%	0.02%
	USB	B	0.08%	0.15%	0.08%
	V	A	1.04%	0.82%	0.82%
	VEEV	A	0.04%	0.06%	0.04%
	VICI	A	0.02%	0.07%	0.02%
	VLO	D	0.07%	0.11%	0.07%
	VLTO	B	0.05%	0.05%	0.05%
	VMC	D	0.01%	0.08%	0.01%
	VRSK	C	0.01%	0.08%	0.01%
	VRSN	C	0.14%	0.03%	0.03%
	VRT	F	0.0%	0.06%	0.0%
	VRTX	D	0.44%	0.27%	0.27%
	VST	C	0.01%	0.06%	0.01%
	VTR	A	0.01%	0.05%	0.01%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	B	0.57%	0.33%	0.33%
	WAB	B	0.01%	0.06%	0.01%
	WAT	B	0.03%	0.04%	0.03%
	WBA	F	0.04%	0.02%	0.02%
	WBD	D	0.06%	0.04%	0.04%
	WCN	B	0.27%	0.1%	0.1%
	WDAY	C	0.04%	0.1%	0.04%
	WDC	D	0.01%	0.05%	0.01%
	WEC	A	0.19%	0.06%	0.06%
	WELL	A	0.02%	0.14%	0.02%
	WFC	D	0.21%	0.44%	0.21%
	WLK	D	0.0%	0.01%	0.0%
	WM	D	0.5%	0.17%	0.17%
	WMB	B	0.15%	0.11%	0.11%
	WMT	A	0.68%	0.65%	0.65%
	WPC	A	0.01%	0.03%	0.01%
	WRB	B	0.14%	0.03%	0.03%
	WST	D	0.03%	0.05%	0.03%
	WTW	A	0.07%	0.06%	0.06%
	WY	C	0.02%	0.05%	0.02%
	XEL	A	0.07%	0.07%	0.07%
	XOM	C	0.45%	1.14%	0.45%
	XYL	D	0.01%	0.07%	0.01%
	YUM	B	0.15%	0.08%	0.08%
	ZBH	D	0.01%	0.05%	0.01%
	ZBRA	C	0.01%	0.04%	0.01%
	ZM	B	0.01%	0.03%	0.01%
	ZTS	A	0.16%	0.16%	0.16%

QWLD Overweight 142 Positions Relative to VV

	Symbol	Grade	Weight
	NVS	B	0.91%
	UL	A	0.3%
	MFG	D	0.2%
	CHKP	B	0.19%
	TM	F	0.16%
	BAH	B	0.15%
	UTHR	B	0.14%
	ERIE	A	0.14%
	MUFG	D	0.13%
	DEO	C	0.13%
	JNPR	A	0.13%
	TD	A	0.13%
	FFIV	B	0.13%
	E	D	0.13%
	CNI	D	0.11%
	NBIX	D	0.11%
	SMFG	D	0.1%
	STLA	F	0.1%
	BCS	B	0.1%
	FCNCA	C	0.09%
	LYG	C	0.09%
	HMC	D	0.08%
	AMCR	B	0.08%
	SONY	B	0.08%
	LOGI	D	0.07%
	PTC	D	0.07%
	AIZ	B	0.07%
	JKHY	B	0.06%
	MT	D	0.05%
	BTI	A	0.05%
	DINO	F	0.05%
	WSM	D	0.04%
	BLDR	C	0.04%
	DECK	C	0.04%
	IPG	B	0.03%
	SOLV	B	0.03%
	WSO	D	0.03%
	OC	D	0.03%
	DKS	C	0.03%
	CSL	C	0.03%
	BG	D	0.03%
	APA	F	0.03%
	TRGP	A	0.03%
	EME	C	0.03%
	MANH	B	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%
	AFG	A	0.02%
	MOS	F	0.02%
	NDSN	C	0.02%
	ALLE	B	0.02%
	PNR	B	0.02%
	IEX	D	0.02%
	GGG	D	0.02%
	SW	D	0.02%
	OTEX	C	0.01%
	WTRG	D	0.01%
	CTLT	A	0.01%
	CPT	B	0.01%
	UHAL	B	0.01%
	TFX	A	0.01%
	DVA	B	0.01%
	CG	D	0.01%
	GLPI	A	0.01%
	REG	A	0.01%
	CZR	D	0.01%
	MBAVU	B	0.01%
	ACM	B	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%
	CHRD	F	0.01%
	EMN	C	0.01%
	EQH	C	0.01%
	KIM	A	0.01%
	PCTY	C	0.01%
	ATO	A	0.01%
	TAP	C	0.01%
	CHRW	B	0.01%
	LSCC	F	0.01%
	RS	D	0.01%
	UHS	B	0.01%
	NRG	C	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%
	DKNG	D	0.0%
	FUTU	F	0.0%
	U	D	0.0%
	RGEN	C	0.0%
	H	C	0.0%
	APP	B	0.0%
	DAY	C	0.0%
	DOCU	A	0.0%
	GRAB	D	0.0%
	PSTG	F	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%
	LII	C	0.0%
	AXON	B	0.0%
	ELS	A	0.0%
	ENTG	D	0.0%
	RIVN	F	0.0%
	BBWI	F	0.0%
	QGEN	B	0.0%
	CRL	F	0.0%
	MTCH	B	0.0%
	BIO	A	0.0%
	TWLO	D	0.0%
	AMH	A	0.0%
	RPM	A	0.0%

QWLD Underweight 16 Positions Relative to VV

	Symbol	Grade	Weight
	MTD	C	-0.07%
	TEAM	F	-0.06%
	ALNY	C	-0.06%
	HUBS	F	-0.05%
	MDB	C	-0.04%
	IBKR	B	-0.03%
	MSTR	F	-0.03%
	UAL	C	-0.03%
	ZS	F	-0.03%
	AGR	B	-0.01%
	NWS	C	-0.01%
	WMG	F	-0.01%
	SIRI	F	-0.0%
	LSXMK	C	-0.0%
	EDR	A	-0.0%
	RKT	B	-0.0%

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

VV: Top Represented Industries & Keywords

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

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