RVRB vs. QWLD ETF Comparison

Comparison of Reverb ETF (RVRB) to SPDR MSCI World Quality Mix ETF (QWLD)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

212

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

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

Performance

Period	RVRB	QWLD
30 Days	3.12%	0.82%
60 Days	5.02%	0.23%
90 Days	7.06%	0.87%
12 Months	31.49%	22.65%

476 Overlapping Holdings

	Symbol	Grade	Weight in RVRB	Weight in QWLD	Overlap
	A	D	0.07%	0.06%	0.06%
	AAPL	C	5.64%	2.57%	2.57%
	ABBV	D	0.52%	0.34%	0.34%
	ABBV	D	0.52%	0.16%	0.16%
	ABNB	C	0.15%	0.01%	0.01%
	ABT	B	0.35%	0.09%	0.09%
	ACN	C	0.39%	0.65%	0.39%
	ADBE	C	0.41%	0.42%	0.41%
	ADI	D	0.19%	0.04%	0.04%
	ADM	D	0.04%	0.05%	0.04%
	ADP	B	0.21%	0.26%	0.21%
	ADSK	A	0.12%	0.1%	0.1%
	AEE	A	0.05%	0.09%	0.05%
	AEP	D	0.09%	0.07%	0.07%
	AER	B	0.04%	0.02%	0.02%
	AES	F	0.01%	0.01%	0.01%
	AFL	B	0.11%	0.12%	0.11%
	AIG	B	0.09%	0.07%	0.07%
	AJG	B	0.11%	0.19%	0.11%
	AKAM	D	0.01%	0.11%	0.01%
	ALB	C	0.01%	0.01%	0.01%
	ALGN	D	0.03%	0.0%	0.0%
	ALL	A	0.09%	0.08%	0.08%
	AMAT	F	0.27%	0.29%	0.27%
	AMCR	D	0.02%	0.08%	0.02%
	AMD	F	0.39%	0.03%	0.03%
	AME	A	0.09%	0.01%	0.01%
	AMGN	D	0.28%	0.16%	0.16%
	AMP	A	0.11%	0.09%	0.09%
	AMT	D	0.16%	0.02%	0.02%
	AMZN	C	4.4%	0.37%	0.37%
	ANET	C	0.22%	0.19%	0.19%
	ANSS	B	0.04%	0.0%	0.0%
	AON	A	0.14%	0.17%	0.14%
	APD	A	0.12%	0.03%	0.03%
	APH	A	0.16%	0.43%	0.16%
	APO	B	0.17%	0.02%	0.02%
	APP	B	0.16%	0.0%	0.0%
	APTV	D	0.02%	0.01%	0.01%
	ARE	D	0.03%	0.01%	0.01%
	ARES	A	0.05%	0.0%	0.0%
	ATO	A	0.04%	0.01%	0.01%
	AVB	B	0.06%	0.01%	0.01%
	AVGO	D	1.32%	0.11%	0.11%
	AVTR	F	0.03%	0.01%	0.01%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.04%	0.01%	0.01%
	AXON	A	0.04%	0.0%	0.0%
	AXP	A	0.37%	0.06%	0.06%
	BA	F	0.14%	0.01%	0.01%
	BAC	A	0.6%	0.39%	0.39%
	BAH	F	0.04%	0.15%	0.04%
	BALL	D	0.04%	0.01%	0.01%
	BAX	D	0.03%	0.01%	0.01%
	BBY	D	0.04%	0.06%	0.04%
	BDX	F	0.12%	0.07%	0.07%
	BG	F	0.01%	0.03%	0.01%
	BIIB	F	0.04%	0.01%	0.01%
	BK	A	0.1%	0.05%	0.05%
	BKNG	A	0.32%	0.03%	0.03%
	BKR	B	0.08%	0.02%	0.02%
	BLDR	D	0.03%	0.05%	0.03%
	BLK	C	0.27%	0.25%	0.25%
	BMRN	D	0.01%	0.07%	0.01%
	BMY	B	0.21%	0.21%	0.21%
	BR	A	0.04%	0.04%	0.04%
	BRK.A	B	1.65%	0.73%	0.73%
	BRO	B	0.06%	0.14%	0.06%
	BSX	B	0.24%	0.02%	0.02%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.02%	0.01%	0.01%
	BX	A	0.23%	0.03%	0.03%
	C	A	0.23%	0.25%	0.23%
	CAG	D	0.01%	0.04%	0.01%
	CAH	B	0.05%	0.13%	0.05%
	CARR	D	0.12%	0.02%	0.02%
	CAT	B	0.35%	0.36%	0.35%
	CB	C	0.2%	0.4%	0.2%
	CBRE	B	0.07%	0.03%	0.03%
	CCEP	C	0.07%	0.01%	0.01%
	CCI	D	0.08%	0.01%	0.01%
	CCL	B	0.06%	0.01%	0.01%
	CDNS	B	0.16%	0.13%	0.13%
	CDW	F	0.05%	0.07%	0.05%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.13%	0.02%	0.02%
	CF	B	0.02%	0.13%	0.02%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.19%	0.05%
	CHKP	D	0.03%	0.17%	0.03%
	CHTR	C	0.1%	0.05%	0.05%
	CI	F	0.17%	0.18%	0.17%
	CINF	A	0.04%	0.02%	0.02%
	CL	D	0.13%	0.2%	0.13%
	CLX	B	0.03%	0.01%	0.01%
	CMCSA	B	0.3%	0.17%	0.17%
	CMG	B	0.16%	0.14%	0.14%
	CMI	A	0.09%	0.1%	0.09%
	CMS	C	0.03%	0.05%	0.03%
	CNC	D	0.06%	0.05%	0.05%
	CNH	C	0.01%	0.01%	0.01%
	CNP	B	0.03%	0.01%	0.01%
	COF	B	0.12%	0.1%	0.1%
	COIN	C	0.13%	0.01%	0.01%
	COP	C	0.23%	0.1%	0.1%
	COR	B	0.08%	0.41%	0.08%
	COST	B	0.77%	0.76%	0.76%
	CPAY	A	0.05%	0.01%	0.01%
	CPB	D	0.01%	0.09%	0.01%
	CPRT	A	0.1%	0.08%	0.08%
	CRBG	B	0.03%	0.01%	0.01%
	CRM	B	0.55%	0.06%	0.06%
	CRWD	B	0.15%	0.0%	0.0%
	CSCO	B	0.41%	1.03%	0.41%
	CSGP	D	0.05%	0.0%	0.0%
	CSL	C	0.03%	0.03%	0.03%
	CSX	B	0.13%	0.11%	0.11%
	CTAS	B	0.17%	0.14%	0.14%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	B	0.07%	0.2%	0.07%
	CTVA	C	0.07%	0.04%	0.04%
	CVS	D	0.12%	0.16%	0.12%
	CVX	A	0.52%	0.33%	0.33%
	D	C	0.08%	0.06%	0.06%
	DAL	C	0.07%	0.01%	0.01%
	DASH	A	0.12%	0.01%	0.01%
	DD	D	0.06%	0.02%	0.02%
	DDOG	A	0.08%	0.0%	0.0%
	DE	A	0.2%	0.06%	0.06%
	DELL	C	0.16%	0.01%	0.01%
	DFS	B	0.08%	0.04%	0.04%
	DG	F	0.03%	0.01%	0.01%
	DGX	A	0.03%	0.11%	0.03%
	DHI	D	0.09%	0.1%	0.09%
	DHR	F	0.31%	0.05%	0.05%
	DIS	B	0.34%	0.1%	0.1%
	DKNG	B	0.03%	0.0%	0.0%
	DKS	C	0.03%	0.02%	0.02%
	DLR	B	0.1%	0.02%	0.02%
	DLTR	F	0.02%	0.01%	0.01%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.06%	0.03%	0.03%
	DRI	B	0.03%	0.03%	0.03%
	DT	C	0.01%	0.0%	0.0%
	DTE	C	0.05%	0.02%	0.02%
	DUK	C	0.15%	0.36%	0.15%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	D	0.05%	0.0%	0.0%
	EA	A	0.07%	0.2%	0.07%
	EBAY	D	0.06%	0.01%	0.01%
	ECL	D	0.13%	0.01%	0.01%
	ED	D	0.06%	0.35%	0.06%
	EFX	F	0.05%	0.01%	0.01%
	EG	C	0.02%	0.06%	0.02%
	EL	F	0.04%	0.01%	0.01%
	ELV	F	0.16%	0.21%	0.16%
	EMR	A	0.13%	0.03%	0.03%
	ENPH	F	0.01%	0.01%	0.01%
	EOG	A	0.14%	0.06%	0.06%
	EQIX	A	0.17%	0.02%	0.02%
	EQR	B	0.05%	0.01%	0.01%
	EQT	B	0.02%	0.02%	0.02%
	ERIE	D	0.03%	0.12%	0.03%
	ES	D	0.04%	0.01%	0.01%
	ESS	B	0.02%	0.01%	0.01%
	ETN	A	0.26%	0.03%	0.03%
	ETR	B	0.06%	0.03%	0.03%
	EW	C	0.07%	0.07%	0.07%
	EXAS	D	0.01%	0.0%	0.0%
	EXC	C	0.07%	0.03%	0.03%
	EXPD	D	0.02%	0.04%	0.02%
	EXPE	B	0.05%	0.01%	0.01%
	EXR	D	0.06%	0.01%	0.01%
	F	C	0.08%	0.09%	0.08%
	FANG	D	0.06%	0.09%	0.06%
	FAST	B	0.08%	0.09%	0.08%
	FCX	D	0.11%	0.02%	0.02%
	FDS	B	0.03%	0.03%	0.03%
	FDX	B	0.13%	0.07%	0.07%
	FE	C	0.04%	0.01%	0.01%
	FI	A	0.23%	0.09%	0.09%
	FICO	B	0.15%	0.05%	0.05%
	FIS	C	0.09%	0.02%	0.02%
	FOX	A	0.04%	0.01%	0.01%
	FSLR	F	0.04%	0.01%	0.01%
	FTNT	C	0.13%	0.01%	0.01%
	FTV	C	0.05%	0.01%	0.01%
	GDDY	A	0.05%	0.25%	0.05%
	GE	D	0.34%	0.31%	0.31%
	GEHC	F	0.07%	0.02%	0.02%
	GEV	B	0.17%	0.02%	0.02%
	GILD	C	0.2%	0.24%	0.2%
	GIS	D	0.06%	0.33%	0.06%
	GLW	B	0.07%	0.02%	0.02%
	GM	B	0.11%	0.19%	0.11%
	GOOGL	C	4.05%	1.07%	1.07%
	GPC	D	0.03%	0.05%	0.03%
	GPN	B	0.05%	0.02%	0.02%
	GRMN	B	0.07%	0.05%	0.05%
	GS	A	0.34%	0.17%	0.17%
	GWW	B	0.08%	0.11%	0.08%
	HAL	C	0.05%	0.02%	0.02%
	HBAN	A	0.04%	0.03%	0.03%
	HCA	F	0.15%	0.04%	0.04%
	HD	A	0.75%	0.15%	0.15%
	HEI	B	0.05%	0.0%	0.0%
	HEI	B	0.05%	0.0%	0.0%
	HES	B	0.08%	0.01%	0.01%
	HIG	B	0.06%	0.03%	0.03%
	HLT	A	0.11%	0.01%	0.01%
	HOLX	D	0.03%	0.01%	0.01%
	HON	B	0.21%	0.26%	0.21%
	HOOD	B	0.02%	0.0%	0.0%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.06%	0.04%	0.04%
	HRL	D	0.03%	0.09%	0.03%
	HSY	F	0.07%	0.16%	0.07%
	HUBB	B	0.03%	0.04%	0.03%
	HUM	C	0.05%	0.15%	0.05%
	HWM	A	0.08%	0.01%	0.01%
	IBM	C	0.33%	0.46%	0.33%
	ICE	C	0.16%	0.03%	0.03%
	IDXX	F	0.05%	0.07%	0.05%
	IEX	B	0.01%	0.03%	0.01%
	IFF	D	0.04%	0.01%	0.01%
	ILMN	D	0.04%	0.0%	0.0%
	INCY	C	0.01%	0.15%	0.01%
	INTC	D	0.18%	0.1%	0.1%
	INTU	C	0.36%	0.27%	0.27%
	INVH	D	0.04%	0.01%	0.01%
	IOT	A	0.05%	0.0%	0.0%
	IP	B	0.02%	0.02%	0.02%
	IQV	D	0.07%	0.01%	0.01%
	IR	B	0.07%	0.01%	0.01%
	IRM	D	0.06%	0.01%	0.01%
	ISRG	A	0.34%	0.25%	0.25%
	IT	C	0.07%	0.03%	0.03%
	ITW	B	0.14%	0.13%	0.13%
	J	F	0.04%	0.01%	0.01%
	JBHT	C	0.04%	0.03%	0.03%
	JBL	B	0.02%	0.02%	0.02%
	JCI	C	0.1%	0.03%	0.03%
	JNJ	D	0.46%	1.1%	0.46%
	JPM	A	1.18%	0.6%	0.6%
	K	A	0.05%	0.23%	0.05%
	KDP	D	0.08%	0.14%	0.08%
	KEY	B	0.02%	0.02%	0.02%
	KEYS	A	0.05%	0.17%	0.05%
	KHC	F	0.07%	0.2%	0.07%
	KKR	A	0.24%	0.02%	0.02%
	KLAC	D	0.17%	0.14%	0.14%
	KMB	D	0.08%	0.11%	0.08%
	KMI	A	0.11%	0.04%	0.04%
	KO	D	0.5%	0.56%	0.5%
	KR	B	0.08%	0.31%	0.08%
	KVUE	A	0.08%	0.08%	0.08%
	L	A	0.03%	0.17%	0.03%
	LDOS	C	0.04%	0.01%	0.01%
	LEN	D	0.08%	0.09%	0.08%
	LH	C	0.02%	0.02%	0.02%
	LHX	C	0.08%	0.02%	0.02%
	LIN	D	0.38%	0.06%	0.06%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	F	1.31%	1.14%	1.14%
	LMT	D	0.24%	0.42%	0.24%
	LNG	B	0.08%	0.06%	0.06%
	LOW	D	0.28%	0.07%	0.07%
	LPLA	A	0.02%	0.05%	0.02%
	LRCX	F	0.19%	0.18%	0.18%
	LULU	C	0.06%	0.07%	0.06%
	LUV	C	0.04%	0.0%	0.0%
	LVS	C	0.07%	0.0%	0.0%
	LW	C	0.01%	0.0%	0.0%
	LYB	F	0.05%	0.03%	0.03%
	LYV	A	0.06%	0.0%	0.0%
	MA	C	0.87%	0.71%	0.71%
	MAA	B	0.03%	0.01%	0.01%
	MAR	B	0.14%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.36%	0.42%	0.36%
	MCHP	D	0.06%	0.06%	0.06%
	MCK	B	0.16%	0.58%	0.16%
	MCO	B	0.15%	0.13%	0.13%
	MDLZ	F	0.16%	0.14%	0.14%
	MDT	D	0.2%	0.06%	0.06%
	MELI	D	0.12%	0.01%	0.01%
	MET	A	0.11%	0.05%	0.05%
	META	D	2.4%	2.11%	2.11%
	MGM	D	0.01%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MLM	B	0.08%	0.01%	0.01%
	MMC	B	0.2%	0.51%	0.2%
	MMM	D	0.13%	0.14%	0.13%
	MNST	C	0.1%	0.07%	0.07%
	MO	A	0.17%	0.04%	0.04%
	MOH	F	0.04%	0.06%	0.04%
	MOS	F	0.01%	0.02%	0.01%
	MPC	D	0.09%	0.17%	0.09%
	MPWR	F	0.04%	0.04%	0.04%
	MRK	F	0.35%	0.42%	0.35%
	MRNA	F	0.03%	0.01%	0.01%
	MRO	B	0.01%	0.02%	0.01%
	MRVL	B	0.14%	0.01%	0.01%
	MS	A	0.38%	0.12%	0.12%
	MSCI	C	0.08%	0.0%	0.0%
	MSFT	F	6.29%	2.3%	2.3%
	MSI	B	0.16%	0.65%	0.16%
	MT	B	0.03%	0.05%	0.03%
	MTB	A	0.07%	0.05%	0.05%
	MU	D	0.2%	0.04%	0.04%
	NDAQ	A	0.08%	0.01%	0.01%
	NEE	D	0.27%	0.06%	0.06%
	NEM	D	0.08%	0.04%	0.04%
	NET	B	0.06%	0.0%	0.0%
	NFLX	A	0.64%	0.54%	0.54%
	NKE	D	0.21%	0.17%	0.17%
	NOC	D	0.13%	0.32%	0.13%
	NOW	A	0.4%	0.01%	0.01%
	NRG	B	0.02%	0.02%	0.02%
	NSC	B	0.1%	0.03%	0.03%
	NTAP	C	0.05%	0.04%	0.04%
	NTRS	A	0.04%	0.02%	0.02%
	NUE	C	0.07%	0.04%	0.04%
	NVDA	C	6.15%	2.53%	2.53%
	NXPI	D	0.1%	0.02%	0.02%
	O	D	0.09%	0.02%	0.02%
	ODFL	B	0.09%	0.08%	0.08%
	OKTA	C	0.01%	0.0%	0.0%
	OMC	C	0.03%	0.04%	0.03%
	ON	D	0.05%	0.01%	0.01%
	ORCL	B	0.9%	0.25%	0.25%
	ORLY	B	0.16%	0.24%	0.16%
	OTIS	C	0.07%	0.01%	0.01%
	OXY	D	0.08%	0.03%	0.03%
	PANW	C	0.23%	0.18%	0.18%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	C	0.09%	0.1%	0.09%
	PCAR	B	0.11%	0.11%	0.11%
	PCG	A	0.1%	0.03%	0.03%
	PEG	A	0.08%	0.02%	0.02%
	PEP	F	0.39%	0.77%	0.39%
	PFE	D	0.25%	0.18%	0.18%
	PFG	D	0.04%	0.02%	0.02%
	PG	A	0.69%	0.95%	0.69%
	PGR	A	0.26%	0.35%	0.26%
	PH	A	0.18%	0.02%	0.02%
	PHM	D	0.05%	0.06%	0.05%
	PINS	D	0.03%	0.0%	0.0%
	PKG	A	0.02%	0.04%	0.02%
	PLD	D	0.18%	0.04%	0.04%
	PLTR	B	0.24%	0.0%	0.0%
	PM	B	0.35%	0.07%	0.07%
	PNC	B	0.15%	0.1%	0.1%
	PODD	C	0.02%	0.0%	0.0%
	PPG	F	0.06%	0.01%	0.01%
	PPL	B	0.04%	0.01%	0.01%
	PRU	A	0.08%	0.05%	0.05%
	PSA	D	0.11%	0.09%	0.09%
	PSX	C	0.1%	0.14%	0.1%
	PTC	A	0.04%	0.08%	0.04%
	PWR	A	0.08%	0.01%	0.01%
	PYPL	B	0.16%	0.04%	0.04%
	QCOM	F	0.32%	0.32%	0.32%
	RBLX	C	0.06%	0.0%	0.0%
	RCL	A	0.1%	0.01%	0.01%
	REGN	F	0.15%	0.31%	0.15%
	RF	A	0.04%	0.03%	0.03%
	RIVN	F	0.01%	0.0%	0.0%
	RJF	A	0.06%	0.02%	0.02%
	RMD	C	0.06%	0.05%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.04%	0.08%	0.04%
	ROP	B	0.11%	0.48%	0.11%
	ROST	C	0.08%	0.02%	0.02%
	RPRX	D	0.01%	0.01%	0.01%
	RS	B	0.02%	0.02%	0.02%
	RSG	A	0.12%	0.46%	0.12%
	RTX	C	0.27%	0.09%	0.09%
	RVTY	F	0.01%	0.01%	0.01%
	SBAC	D	0.04%	0.01%	0.01%
	SBUX	A	0.19%	0.04%	0.04%
	SCHW	B	0.2%	0.04%	0.04%
	SHW	A	0.17%	0.14%	0.14%
	SJM	D	0.01%	0.07%	0.01%
	SMCI	F	0.02%	0.01%	0.01%
	SNAP	C	0.02%	0.0%	0.0%
	SNOW	C	0.07%	0.0%	0.0%
	SNPS	B	0.14%	0.12%	0.12%
	SO	D	0.17%	0.46%	0.17%
	SPG	B	0.1%	0.02%	0.02%
	SPGI	C	0.29%	0.04%	0.04%
	SQ	B	0.09%	0.02%	0.02%
	SRE	A	0.1%	0.04%	0.04%
	STE	F	0.04%	0.01%	0.01%
	STLA	F	0.07%	0.08%	0.07%
	STLD	B	0.04%	0.02%	0.02%
	STT	A	0.05%	0.03%	0.03%
	STX	D	0.04%	0.01%	0.01%
	STZ	D	0.08%	0.01%	0.01%
	SUI	D	0.02%	0.01%	0.01%
	SW	A	0.02%	0.03%	0.02%
	SWKS	F	0.01%	0.03%	0.01%
	SYK	C	0.25%	0.03%	0.03%
	SYY	B	0.07%	0.03%	0.03%
	T	A	0.28%	0.39%	0.28%
	TD	F	0.17%	0.12%	0.12%
	TDG	D	0.16%	0.01%	0.01%
	TDY	B	0.03%	0.06%	0.03%
	TER	D	0.03%	0.02%	0.02%
	TFC	A	0.11%	0.09%	0.09%
	TGT	F	0.13%	0.15%	0.13%
	TJX	A	0.25%	0.35%	0.25%
	TMO	F	0.34%	0.06%	0.06%
	TMUS	B	0.46%	0.76%	0.46%
	TRGP	B	0.07%	0.04%	0.04%
	TRMB	B	0.01%	0.01%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.1%	0.3%	0.1%
	TSCO	D	0.05%	0.06%	0.05%
	TSLA	B	1.62%	0.16%	0.16%
	TSN	B	0.04%	0.15%	0.04%
	TT	A	0.16%	0.15%	0.15%
	TTD	B	0.1%	0.0%	0.0%
	TTWO	A	0.06%	0.01%	0.01%
	TW	A	0.05%	0.0%	0.0%
	TXN	C	0.33%	0.48%	0.33%
	TXT	D	0.03%	0.01%	0.01%
	TYL	B	0.04%	0.0%	0.0%
	UBER	D	0.26%	0.01%	0.01%
	ULTA	F	0.02%	0.06%	0.02%
	UNH	C	0.95%	1.35%	0.95%
	UNP	C	0.26%	0.26%	0.26%
	UPS	C	0.2%	0.07%	0.07%
	URI	B	0.11%	0.02%	0.02%
	USB	A	0.14%	0.09%	0.09%
	V	A	1.19%	1.21%	1.19%
	VEEV	C	0.06%	0.05%	0.05%
	VICI	C	0.06%	0.02%	0.02%
	VLO	C	0.08%	0.08%	0.08%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.01%	0.01%
	VRSK	A	0.07%	0.01%	0.01%
	VRSN	F	0.04%	0.14%	0.04%
	VRT	B	0.08%	0.0%	0.0%
	VRTX	F	0.22%	0.43%	0.22%
	VST	B	0.09%	0.01%	0.01%
	VTR	C	0.04%	0.01%	0.01%
	VZ	C	0.29%	0.58%	0.29%
	WAB	B	0.06%	0.01%	0.01%
	WAT	B	0.05%	0.04%	0.04%
	WBA	F	0.01%	0.04%	0.01%
	WBD	C	0.04%	0.07%	0.04%
	WCN	A	0.08%	0.27%	0.08%
	WDAY	B	0.12%	0.04%	0.04%
	WDC	D	0.04%	0.01%	0.01%
	WEC	A	0.06%	0.2%	0.06%
	WELL	A	0.15%	0.02%	0.02%
	WFC	A	0.45%	0.28%	0.28%
	WLK	D	0.03%	0.0%	0.0%
	WM	A	0.16%	0.52%	0.16%
	WMB	A	0.12%	0.19%	0.12%
	WMT	A	1.23%	0.76%	0.76%
	WPC	D	0.01%	0.01%	0.01%
	WRB	A	0.02%	0.14%	0.02%
	WSM	B	0.02%	0.03%	0.02%
	WSO	A	0.03%	0.03%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTW	B	0.06%	0.07%	0.06%
	WY	D	0.04%	0.02%	0.02%
	XEL	A	0.07%	0.09%	0.07%
	XOM	B	0.9%	0.47%	0.47%
	XYL	D	0.05%	0.01%	0.01%
	YUM	B	0.07%	0.15%	0.07%
	ZBH	C	0.04%	0.01%	0.01%
	ZM	B	0.05%	0.01%	0.01%
	ZTS	D	0.15%	0.15%	0.15%

RVRB Overweight 36 Positions Relative to QWLD

	Symbol	Grade	Weight
	SHOP	B	0.24%
	SPOT	B	0.15%
	SCCO	F	0.14%
	NU	C	0.13%
	EPD	A	0.12%
	TEAM	A	0.11%
	ET	A	0.1%
	FLUT	A	0.09%
	MPLX	A	0.09%
	MTD	D	0.08%
	CPNG	D	0.08%
	ALNY	D	0.07%
	GOLD	D	0.05%
	ZS	C	0.05%
	MDB	C	0.04%
	GFS	C	0.04%
	STM	F	0.04%
	PHG	D	0.04%
	CQP	B	0.04%
	HUBS	A	0.04%
	ICLR	D	0.03%
	UAL	A	0.03%
	CVNA	B	0.03%
	YUMC	C	0.02%
	CHWY	B	0.02%
	CELH	F	0.01%
	IEP	F	0.01%
	ETSY	D	0.01%
	FMC	D	0.01%
	U	C	0.01%
	AAL	B	0.01%
	SIRI	C	0.01%
	AGR	B	0.01%
	WMG	C	0.01%
	FTRE	D	0.0%
	LCID	F	0.0%

RVRB Underweight 134 Positions Relative to QWLD

	Symbol	Grade	Weight
	GOOG	C	-0.94%
	NVS	D	-0.79%
	AZO	C	-0.28%
	UL	D	-0.27%
	ACGL	D	-0.26%
	HSBH	B	-0.25%
	CBOE	B	-0.24%
	MFG	B	-0.24%
	GD	F	-0.18%
	CME	A	-0.16%
	FFIV	B	-0.16%
	TM	D	-0.15%
	UTHR	C	-0.15%
	MUFG	B	-0.14%
	MKL	A	-0.13%
	GEN	B	-0.12%
	JNPR	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%
	AIZ	A	-0.08%
	SONY	B	-0.08%
	JKHY	D	-0.07%
	HMC	F	-0.07%
	TPL	A	-0.06%
	LOGI	D	-0.06%
	DPZ	C	-0.06%
	NVR	D	-0.06%
	BTI	B	-0.05%
	DINO	D	-0.05%
	DECK	A	-0.05%
	SNA	A	-0.04%
	MANH	D	-0.04%
	SYF	B	-0.04%
	EME	C	-0.04%
	EIX	B	-0.03%
	GGG	B	-0.03%
	POOL	C	-0.03%
	LNT	A	-0.03%
	PNR	A	-0.03%
	SOLV	C	-0.03%
	VTRS	A	-0.03%
	SLB	C	-0.03%
	OKE	A	-0.03%
	OC	A	-0.03%
	FITB	A	-0.03%
	ALLY	C	-0.02%
	KMX	B	-0.02%
	TTC	D	-0.02%
	MKTX	D	-0.02%
	ACI	C	-0.02%
	AOS	F	-0.02%
	SEIC	B	-0.02%
	NMR	B	-0.02%
	OVV	B	-0.02%
	AFG	A	-0.02%
	NDSN	B	-0.02%
	IPG	D	-0.02%
	EPAM	C	-0.02%
	ALLE	D	-0.02%
	APA	D	-0.02%
	CPT	B	-0.01%
	WTRG	B	-0.01%
	CTLT	B	-0.01%
	MBAVU	D	-0.01%
	HST	C	-0.01%
	GLPI	C	-0.01%
	DVA	B	-0.01%
	RPM	A	-0.01%
	HII	D	-0.01%
	TRU	D	-0.01%
	NWSA	B	-0.01%
	REG	B	-0.01%
	TWLO	A	-0.01%
	HSIC	B	-0.01%
	BEN	C	-0.01%
	CG	A	-0.01%
	DOC	D	-0.01%
	ACM	A	-0.01%
	BXP	D	-0.01%
	CHRD	D	-0.01%
	CCK	C	-0.01%
	AGCO	D	-0.01%
	ZBRA	B	-0.01%
	SSNC	B	-0.01%
	WFG	D	-0.01%
	SE	B	-0.01%
	EMN	D	-0.01%
	KNX	B	-0.01%
	NI	A	-0.01%
	KIM	A	-0.01%
	EQH	B	-0.01%
	UHS	D	-0.01%
	FNF	B	-0.01%
	EVRG	A	-0.01%
	SWK	D	-0.01%
	CHRW	C	-0.01%
	FOXA	B	-0.01%
	TAP	C	-0.01%
	PARA	C	-0.01%
	GLBE	B	-0.0%
	XRX	F	-0.0%
	TOST	B	-0.0%
	H	B	-0.0%
	PSTG	D	-0.0%
	FUTU	D	-0.0%
	DAY	B	-0.0%
	DOCU	A	-0.0%
	GRAB	B	-0.0%
	TECH	D	-0.0%
	ROKU	D	-0.0%
	WYNN	D	-0.0%
	MSTR	C	-0.0%
	LII	A	-0.0%
	ELS	C	-0.0%
	ENTG	D	-0.0%
	Z	A	-0.0%
	MTCH	D	-0.0%
	QGEN	D	-0.0%
	BBWI	D	-0.0%
	CRL	C	-0.0%
	BIO	D	-0.0%
	TFX	F	-0.0%
	UDR	B	-0.0%
	QRVO	F	-0.0%
	OTEX	D	-0.0%
	AMH	D	-0.0%
	UHAL	D	-0.0%
	FBIN	D	-0.0%

RVRB: Top Represented Industries & Keywords

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

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

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