RWL vs. QWLD ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to SPDR MSCI World Quality Mix ETF (QWLD)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.79

Average Daily Volume

135,430

Number of Holdings ^*

499

* 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

$129.28

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	RWL	QWLD
30 Days	4.90%	0.82%
60 Days	5.46%	0.23%
90 Days	7.07%	0.87%
12 Months	29.24%	22.65%

484 Overlapping Holdings

Symbol	Grade	Weight in RWL	Weight in QWLD	Overlap
A	D	0.03%	0.06%	0.03%
AAPL	C	2.19%	2.57%	2.19%
ABBV	D	0.26%	0.16%	0.16%
ABBV	D	0.26%	0.34%	0.26%
ABNB	C	0.07%	0.01%	0.01%
ABT	B	0.22%	0.09%	0.09%
ACGL	D	0.07%	0.26%	0.07%
ACN	C	0.36%	0.65%	0.36%
ADBE	C	0.1%	0.42%	0.1%
ADI	D	0.05%	0.04%	0.04%
ADM	D	0.43%	0.05%	0.05%
ADP	B	0.11%	0.26%	0.11%
ADSK	A	0.04%	0.1%	0.04%
AEE	A	0.04%	0.09%	0.04%
AEP	D	0.1%	0.07%	0.07%
AES	F	0.05%	0.01%	0.01%
AFL	B	0.11%	0.12%	0.11%
AIG	B	0.24%	0.07%	0.07%
AIZ	A	0.07%	0.08%	0.07%
AJG	B	0.06%	0.19%	0.06%
AKAM	D	0.02%	0.11%	0.02%
ALB	C	0.05%	0.01%	0.01%
ALGN	D	0.02%	0.0%	0.0%
ALL	A	0.35%	0.08%	0.08%
ALLE	D	0.02%	0.02%	0.02%
AMAT	F	0.13%	0.29%	0.13%
AMCR	D	0.07%	0.08%	0.07%
AMD	F	0.12%	0.03%	0.03%
AME	A	0.04%	0.01%	0.01%
AMGN	D	0.15%	0.16%	0.15%
AMP	A	0.12%	0.09%	0.09%
AMT	D	0.05%	0.02%	0.02%
AMZN	C	3.63%	0.37%	0.37%
ANET	C	0.04%	0.19%	0.04%
ANSS	B	0.01%	0.0%	0.0%
AON	A	0.09%	0.17%	0.09%
AOS	F	0.02%	0.02%	0.02%
APA	D	0.05%	0.02%	0.02%
APD	A	0.08%	0.03%	0.03%
APH	A	0.08%	0.43%	0.08%
APTV	D	0.08%	0.01%	0.01%
ARE	D	0.01%	0.01%	0.01%
ATO	A	0.02%	0.01%	0.01%
AVB	B	0.02%	0.01%	0.01%
AVGO	D	0.25%	0.11%	0.11%
AVY	D	0.04%	0.03%	0.03%
AWK	D	0.02%	0.01%	0.01%
AXON	A	0.02%	0.0%	0.0%
AXP	A	0.44%	0.06%	0.06%
AZO	C	0.1%	0.28%	0.1%
BA	F	0.38%	0.01%	0.01%
BAC	A	1.25%	0.39%	0.39%
BALL	D	0.06%	0.01%	0.01%
BAX	D	0.07%	0.01%	0.01%
BBY	D	0.21%	0.06%	0.06%
BDX	F	0.1%	0.07%	0.07%
BEN	C	0.05%	0.01%	0.01%
BG	F	0.28%	0.03%	0.03%
BIIB	F	0.04%	0.01%	0.01%
BK	A	0.24%	0.05%	0.05%
BKNG	A	0.16%	0.03%	0.03%
BKR	B	0.2%	0.02%	0.02%
BLDR	D	0.09%	0.05%	0.05%
BLK	C	0.12%	0.25%	0.12%
BMY	B	0.3%	0.21%	0.21%
BR	A	0.04%	0.04%	0.04%
BRK.A	B	2.14%	0.73%	0.73%
BRO	B	0.03%	0.14%	0.03%
BSX	B	0.09%	0.02%	0.02%
BX	A	0.07%	0.03%	0.03%
BXP	D	0.02%	0.01%	0.01%
C	A	1.1%	0.25%	0.25%
CAG	D	0.06%	0.04%	0.04%
CAH	B	1.33%	0.13%	0.13%
CARR	D	0.13%	0.02%	0.02%
CAT	B	0.4%	0.36%	0.36%
CB	C	0.29%	0.4%	0.29%
CBOE	B	0.02%	0.24%	0.02%
CBRE	B	0.2%	0.03%	0.03%
CCI	D	0.03%	0.01%	0.01%
CCL	B	0.19%	0.01%	0.01%
CDNS	B	0.03%	0.13%	0.03%
CDW	F	0.09%	0.07%	0.07%
CE	F	0.03%	0.01%	0.01%
CEG	D	0.15%	0.02%	0.02%
CF	B	0.04%	0.13%	0.04%
CFG	B	0.08%	0.04%	0.04%
CHD	B	0.04%	0.19%	0.04%
CHRW	C	0.1%	0.01%	0.01%
CHTR	C	0.35%	0.05%	0.05%
CI	F	1.06%	0.18%	0.18%
CINF	A	0.07%	0.02%	0.02%
CL	D	0.1%	0.2%	0.1%
CLX	B	0.04%	0.01%	0.01%
CMCSA	B	0.73%	0.17%	0.17%
CME	A	0.03%	0.16%	0.03%
CMG	B	0.06%	0.14%	0.06%
CMI	A	0.22%	0.1%	0.1%
CMS	C	0.04%	0.05%	0.04%
CNC	D	0.68%	0.05%	0.05%
CNP	B	0.05%	0.01%	0.01%
COF	B	0.37%	0.1%	0.1%
COP	C	0.34%	0.1%	0.1%
COR	B	1.59%	0.41%	0.41%
COST	B	1.42%	0.76%	0.76%
CPAY	A	0.03%	0.01%	0.01%
CPB	D	0.05%	0.09%	0.05%
CPRT	A	0.03%	0.08%	0.03%
CPT	B	0.01%	0.01%	0.01%
CRL	C	0.02%	0.0%	0.0%
CRM	B	0.26%	0.06%	0.06%
CRWD	B	0.03%	0.0%	0.0%
CSCO	B	0.34%	1.03%	0.34%
CSGP	D	0.01%	0.0%	0.0%
CSX	B	0.08%	0.11%	0.08%
CTAS	B	0.06%	0.14%	0.06%
CTLT	B	0.02%	0.01%	0.01%
CTRA	B	0.04%	0.02%	0.02%
CTSH	B	0.11%	0.2%	0.11%
CTVA	C	0.1%	0.04%	0.04%
CVS	D	1.97%	0.16%	0.16%
CVX	A	1.25%	0.33%	0.33%
D	C	0.08%	0.06%	0.06%
DAL	C	0.47%	0.01%	0.01%
DAY	B	0.01%	0.0%	0.0%
DD	D	0.07%	0.02%	0.02%
DE	A	0.32%	0.06%	0.06%
DECK	A	0.03%	0.05%	0.03%
DELL	C	0.59%	0.01%	0.01%
DFS	B	0.16%	0.04%	0.04%
DG	F	0.19%	0.01%	0.01%
DGX	A	0.05%	0.11%	0.05%
DHI	D	0.17%	0.1%	0.1%
DHR	F	0.12%	0.05%	0.05%
DIS	B	0.63%	0.1%	0.1%
DLR	B	0.04%	0.02%	0.02%
DLTR	F	0.15%	0.01%	0.01%
DOC	D	0.01%	0.01%	0.01%
DOV	A	0.05%	0.05%	0.05%
DOW	F	0.21%	0.03%	0.03%
DPZ	C	0.03%	0.06%	0.03%
DRI	B	0.06%	0.03%	0.03%
DTE	C	0.06%	0.02%	0.02%
DUK	C	0.16%	0.36%	0.16%
DVA	B	0.07%	0.01%	0.01%
DVN	F	0.08%	0.03%	0.03%
DXCM	D	0.02%	0.0%	0.0%
EA	A	0.05%	0.2%	0.05%
EBAY	D	0.05%	0.01%	0.01%
ECL	D	0.08%	0.01%	0.01%
ED	D	0.08%	0.35%	0.08%
EFX	F	0.02%	0.01%	0.01%
EG	C	0.09%	0.06%	0.06%
EIX	B	0.09%	0.03%	0.03%
EL	F	0.07%	0.01%	0.01%
ELV	F	0.68%	0.21%	0.21%
EMN	D	0.05%	0.01%	0.01%
EMR	A	0.12%	0.03%	0.03%
ENPH	F	0.0%	0.01%	0.0%
EOG	A	0.15%	0.06%	0.06%
EPAM	C	0.03%	0.02%	0.02%
EQIX	A	0.05%	0.02%	0.02%
EQR	B	0.02%	0.01%	0.01%
EQT	B	0.04%	0.02%	0.02%
ERIE	D	0.02%	0.12%	0.02%
ES	D	0.06%	0.01%	0.01%
ESS	B	0.01%	0.01%	0.01%
ETN	A	0.16%	0.03%	0.03%
ETR	B	0.08%	0.03%	0.03%
EVRG	A	0.03%	0.01%	0.01%
EW	C	0.03%	0.07%	0.03%
EXC	C	0.12%	0.03%	0.03%
EXPD	D	0.05%	0.04%	0.04%
EXPE	B	0.1%	0.01%	0.01%
EXR	D	0.02%	0.01%	0.01%
F	C	1.0%	0.09%	0.09%
FANG	D	0.05%	0.09%	0.05%
FAST	B	0.05%	0.09%	0.05%
FCX	D	0.14%	0.02%	0.02%
FDS	B	0.01%	0.03%	0.01%
FDX	B	0.49%	0.07%	0.07%
FE	C	0.07%	0.01%	0.01%
FFIV	B	0.02%	0.16%	0.02%
FI	A	0.14%	0.09%	0.09%
FICO	B	0.01%	0.05%	0.01%
FIS	C	0.06%	0.02%	0.02%
FITB	A	0.08%	0.03%	0.03%
FOX	A	0.05%	0.01%	0.01%
FOXA	B	0.04%	0.01%	0.01%
FSLR	F	0.02%	0.01%	0.01%
FTNT	C	0.04%	0.01%	0.01%
FTV	C	0.03%	0.01%	0.01%
GD	F	0.23%	0.18%	0.18%
GDDY	A	0.03%	0.25%	0.03%
GE	D	0.21%	0.31%	0.21%
GEHC	F	0.1%	0.02%	0.02%
GEN	B	0.02%	0.12%	0.02%
GEV	B	0.27%	0.02%	0.02%
GILD	C	0.16%	0.24%	0.16%
GIS	D	0.09%	0.33%	0.09%
GLW	B	0.08%	0.02%	0.02%
GM	B	1.17%	0.19%	0.19%
GOOG	C	1.01%	0.94%	0.94%
GOOGL	C	1.01%	1.07%	1.01%
GPC	D	0.11%	0.05%	0.05%
GPN	B	0.06%	0.02%	0.02%
GRMN	B	0.04%	0.05%	0.04%
GS	A	0.81%	0.17%	0.17%
GWW	B	0.11%	0.11%	0.11%
HAL	C	0.14%	0.02%	0.02%
HBAN	A	0.08%	0.03%	0.03%
HCA	F	0.32%	0.04%	0.04%
HD	A	0.88%	0.15%	0.15%
HES	B	0.08%	0.01%	0.01%
HIG	B	0.14%	0.03%	0.03%
HII	D	0.05%	0.01%	0.01%
HLT	A	0.07%	0.01%	0.01%
HOLX	D	0.02%	0.01%	0.01%
HON	B	0.23%	0.26%	0.23%
HPE	B	0.2%	0.04%	0.04%
HPQ	B	0.32%	0.04%	0.04%
HRL	D	0.06%	0.09%	0.06%
HSIC	B	0.07%	0.01%	0.01%
HST	C	0.03%	0.01%	0.01%
HSY	F	0.05%	0.16%	0.05%
HUBB	B	0.03%	0.04%	0.03%
HUM	C	0.57%	0.15%	0.15%
HWM	A	0.05%	0.01%	0.01%
IBM	C	0.34%	0.46%	0.34%
ICE	C	0.06%	0.03%	0.03%
IDXX	F	0.02%	0.07%	0.02%
IEX	B	0.02%	0.03%	0.02%
IFF	D	0.05%	0.01%	0.01%
INCY	C	0.02%	0.15%	0.02%
INTC	D	0.37%	0.1%	0.1%
INTU	C	0.09%	0.27%	0.09%
INVH	D	0.01%	0.01%	0.01%
IP	B	0.12%	0.02%	0.02%
IPG	D	0.06%	0.02%	0.02%
IQV	D	0.07%	0.01%	0.01%
IR	B	0.04%	0.01%	0.01%
IRM	D	0.03%	0.01%	0.01%
ISRG	A	0.05%	0.25%	0.05%
IT	C	0.03%	0.03%	0.03%
ITW	B	0.09%	0.13%	0.09%
J	F	0.09%	0.01%	0.01%
JBHT	C	0.07%	0.03%	0.03%
JBL	B	0.2%	0.02%	0.02%
JCI	C	0.17%	0.03%	0.03%
JKHY	D	0.01%	0.07%	0.01%
JNJ	D	0.44%	1.1%	0.44%
JNPR	F	0.03%	0.12%	0.03%
JPM	A	1.74%	0.6%	0.6%
K	A	0.07%	0.23%	0.07%
KDP	D	0.07%	0.14%	0.07%
KEY	B	0.07%	0.02%	0.02%
KEYS	A	0.03%	0.17%	0.03%
KHC	F	0.13%	0.2%	0.13%
KIM	A	0.01%	0.01%	0.01%
KKR	A	0.16%	0.02%	0.02%
KLAC	D	0.04%	0.14%	0.04%
KMB	D	0.11%	0.11%	0.11%
KMI	A	0.11%	0.04%	0.04%
KMX	B	0.14%	0.02%	0.02%
KO	D	0.23%	0.56%	0.23%
KR	B	0.86%	0.31%	0.31%
KVUE	A	0.09%	0.08%	0.08%
L	A	0.1%	0.17%	0.1%
LDOS	C	0.09%	0.01%	0.01%
LEN	D	0.18%	0.09%	0.09%
LH	C	0.07%	0.02%	0.02%
LHX	C	0.12%	0.02%	0.02%
LIN	D	0.17%	0.06%	0.06%
LKQ	D	0.07%	0.01%	0.01%
LLY	F	0.18%	1.14%	0.18%
LMT	D	0.37%	0.42%	0.37%
LNT	A	0.02%	0.03%	0.02%
LOW	D	0.48%	0.07%	0.07%
LRCX	F	0.07%	0.18%	0.07%
LULU	C	0.06%	0.07%	0.06%
LUV	C	0.16%	0.0%	0.0%
LVS	C	0.08%	0.0%	0.0%
LW	C	0.04%	0.0%	0.0%
LYB	F	0.2%	0.03%	0.03%
LYV	A	0.18%	0.0%	0.0%
MA	C	0.15%	0.71%	0.15%
MAA	B	0.01%	0.01%	0.01%
MAR	B	0.16%	0.01%	0.01%
MAS	D	0.04%	0.01%	0.01%
MCD	D	0.14%	0.42%	0.14%
MCHP	D	0.03%	0.06%	0.03%
MCK	B	2.08%	0.58%	0.58%
MCO	B	0.04%	0.13%	0.04%
MDLZ	F	0.17%	0.14%	0.14%
MDT	D	0.17%	0.06%	0.06%
MET	A	0.41%	0.05%	0.05%
META	D	0.89%	2.11%	0.89%
MGM	D	0.1%	0.01%	0.01%
MKC	D	0.03%	0.01%	0.01%
MKTX	D	0.0%	0.02%	0.0%
MLM	B	0.04%	0.01%	0.01%
MMC	B	0.13%	0.51%	0.13%
MMM	D	0.13%	0.14%	0.13%
MNST	C	0.04%	0.07%	0.04%
MO	A	0.12%	0.04%	0.04%
MOH	F	0.17%	0.06%	0.06%
MOS	F	0.06%	0.02%	0.02%
MPC	D	0.8%	0.17%	0.17%
MPWR	F	0.01%	0.04%	0.01%
MRK	F	0.29%	0.42%	0.29%
MRNA	F	0.02%	0.01%	0.01%
MRO	B	0.04%	0.02%	0.02%
MS	A	0.76%	0.12%	0.12%
MSCI	C	0.02%	0.0%	0.0%
MSFT	F	1.31%	2.3%	1.31%
MSI	B	0.06%	0.65%	0.06%
MTB	A	0.09%	0.05%	0.05%
MTCH	D	0.02%	0.0%	0.0%
MU	D	0.13%	0.04%	0.04%
NDAQ	A	0.04%	0.01%	0.01%
NDSN	B	0.01%	0.02%	0.01%
NEE	D	0.12%	0.06%	0.06%
NEM	D	0.06%	0.04%	0.04%
NFLX	A	0.25%	0.54%	0.25%
NI	A	0.03%	0.01%	0.01%
NKE	D	0.26%	0.17%	0.17%
NOC	D	0.21%	0.32%	0.21%
NOW	A	0.06%	0.01%	0.01%
NRG	B	0.19%	0.02%	0.02%
NSC	B	0.07%	0.03%	0.03%
NTAP	C	0.04%	0.04%	0.04%
NTRS	A	0.1%	0.02%	0.02%
NUE	C	0.19%	0.04%	0.04%
NVDA	C	0.65%	2.53%	0.65%
NVR	D	0.05%	0.06%	0.05%
NWSA	B	0.03%	0.01%	0.01%
NXPI	D	0.07%	0.02%	0.02%
O	D	0.02%	0.02%	0.02%
ODFL	B	0.04%	0.08%	0.04%
OKE	A	0.13%	0.03%	0.03%
OMC	C	0.08%	0.04%	0.04%
ON	D	0.04%	0.01%	0.01%
ORCL	B	0.35%	0.25%	0.25%
ORLY	B	0.09%	0.24%	0.09%
OTIS	C	0.08%	0.01%	0.01%
OXY	D	0.15%	0.03%	0.03%
PANW	C	0.05%	0.18%	0.05%
PARA	C	0.16%	0.01%	0.01%
PAYC	B	0.01%	0.02%	0.01%
PAYX	C	0.03%	0.1%	0.03%
PCAR	B	0.22%	0.11%	0.11%
PCG	A	0.15%	0.03%	0.03%
PEG	A	0.06%	0.02%	0.02%
PEP	F	0.46%	0.77%	0.46%
PFE	D	0.26%	0.18%	0.18%
PFG	D	0.09%	0.02%	0.02%
PG	A	0.46%	0.95%	0.46%
PGR	A	0.38%	0.35%	0.35%
PH	A	0.13%	0.02%	0.02%
PHM	D	0.09%	0.06%	0.06%
PKG	A	0.05%	0.04%	0.04%
PLD	D	0.04%	0.04%	0.04%
PLTR	B	0.02%	0.0%	0.0%
PM	B	0.21%	0.07%	0.07%
PNC	B	0.21%	0.1%	0.1%
PNR	A	0.03%	0.03%	0.03%
PODD	C	0.01%	0.0%	0.0%
POOL	C	0.03%	0.03%	0.03%
PPG	F	0.1%	0.01%	0.01%
PPL	B	0.05%	0.01%	0.01%
PRU	A	0.36%	0.05%	0.05%
PSA	D	0.02%	0.09%	0.02%
PSX	C	0.87%	0.14%	0.14%
PTC	A	0.01%	0.08%	0.01%
PWR	A	0.15%	0.01%	0.01%
PYPL	B	0.21%	0.04%	0.04%
QCOM	F	0.19%	0.32%	0.19%
QRVO	F	0.01%	0.0%	0.0%
RCL	A	0.12%	0.01%	0.01%
REG	B	0.01%	0.01%	0.01%
REGN	F	0.05%	0.31%	0.05%
RF	A	0.06%	0.03%	0.03%
RJF	A	0.11%	0.02%	0.02%
RMD	C	0.03%	0.05%	0.03%
ROK	B	0.05%	0.06%	0.05%
ROL	B	0.02%	0.08%	0.02%
ROP	B	0.04%	0.48%	0.04%
ROST	C	0.1%	0.02%	0.02%
RSG	A	0.09%	0.46%	0.09%
RTX	C	0.4%	0.09%	0.09%
RVTY	F	0.01%	0.01%	0.01%
SBAC	D	0.01%	0.01%	0.01%
SBUX	A	0.2%	0.04%	0.04%
SCHW	B	0.18%	0.04%	0.04%
SHW	A	0.13%	0.14%	0.13%
SJM	D	0.04%	0.07%	0.04%
SLB	C	0.21%	0.03%	0.03%
SMCI	F	0.05%	0.01%	0.01%
SNA	A	0.04%	0.04%	0.04%
SNPS	B	0.04%	0.12%	0.04%
SO	D	0.14%	0.46%	0.14%
SOLV	C	0.04%	0.03%	0.03%
SPG	B	0.04%	0.02%	0.02%
SPGI	C	0.07%	0.04%	0.04%
SRE	A	0.08%	0.04%	0.04%
STE	F	0.03%	0.01%	0.01%
STLD	B	0.13%	0.02%	0.02%
STT	A	0.12%	0.03%	0.03%
STX	D	0.03%	0.01%	0.01%
STZ	D	0.05%	0.01%	0.01%
SW	A	0.13%	0.03%	0.03%
SWK	D	0.07%	0.01%	0.01%
SWKS	F	0.02%	0.03%	0.02%
SYF	B	0.15%	0.04%	0.04%
SYK	C	0.12%	0.03%	0.03%
SYY	B	0.42%	0.03%	0.03%
T	A	0.71%	0.39%	0.39%
TAP	C	0.07%	0.01%	0.01%
TDG	D	0.04%	0.01%	0.01%
TDY	B	0.03%	0.06%	0.03%
TECH	D	0.01%	0.0%	0.0%
TER	D	0.01%	0.02%	0.01%
TFC	A	0.16%	0.09%	0.09%
TFX	F	0.01%	0.0%	0.0%
TGT	F	0.48%	0.15%	0.15%
TJX	A	0.31%	0.35%	0.31%
TMO	F	0.2%	0.06%	0.06%
TMUS	B	0.51%	0.76%	0.51%
TRGP	B	0.12%	0.04%	0.04%
TRMB	B	0.03%	0.01%	0.01%
TROW	B	0.04%	0.05%	0.04%
TRV	B	0.26%	0.3%	0.26%
TSCO	D	0.08%	0.06%	0.06%
TSLA	B	0.78%	0.16%	0.16%
TSN	B	0.3%	0.15%	0.15%
TT	A	0.12%	0.15%	0.12%
TTWO	A	0.04%	0.01%	0.01%
TXN	C	0.09%	0.48%	0.09%
TXT	D	0.07%	0.01%	0.01%
TYL	B	0.01%	0.0%	0.0%
UBER	D	0.21%	0.01%	0.01%
UDR	B	0.01%	0.0%	0.0%
UHS	D	0.07%	0.01%	0.01%
ULTA	F	0.06%	0.06%	0.06%
UNH	C	2.14%	1.35%	1.35%
UNP	C	0.12%	0.26%	0.12%
UPS	C	0.51%	0.07%	0.07%
URI	B	0.09%	0.02%	0.02%
USB	A	0.26%	0.09%	0.09%
V	A	0.21%	1.21%	0.21%
VICI	C	0.02%	0.02%	0.02%
VLO	C	0.81%	0.08%	0.08%
VLTO	D	0.03%	0.05%	0.03%
VMC	B	0.05%	0.01%	0.01%
VRSK	A	0.02%	0.01%	0.01%
VRSN	F	0.01%	0.14%	0.01%
VRTX	F	0.05%	0.43%	0.05%
VST	B	0.15%	0.01%	0.01%
VTR	C	0.03%	0.01%	0.01%
VTRS	A	0.09%	0.03%	0.03%
VZ	C	0.71%	0.58%	0.58%
WAB	B	0.06%	0.01%	0.01%
WAT	B	0.02%	0.04%	0.02%
WBA	F	0.72%	0.04%	0.04%
WBD	C	0.26%	0.07%	0.07%
WDC	D	0.07%	0.01%	0.01%
WEC	A	0.05%	0.2%	0.05%
WELL	A	0.04%	0.02%	0.02%
WFC	A	0.95%	0.28%	0.28%
WM	A	0.12%	0.52%	0.12%
WMB	A	0.07%	0.19%	0.07%
WMT	A	3.97%	0.76%	0.76%
WRB	A	0.07%	0.14%	0.07%
WST	C	0.02%	0.04%	0.02%
WTW	B	0.06%	0.07%	0.06%
WY	D	0.04%	0.02%	0.02%
WYNN	D	0.05%	0.0%	0.0%
XEL	A	0.08%	0.09%	0.08%
XOM	B	2.04%	0.47%	0.47%
XYL	D	0.04%	0.01%	0.01%
YUM	B	0.04%	0.15%	0.04%
ZBH	C	0.04%	0.01%	0.01%
ZBRA	B	0.03%	0.01%	0.01%
ZTS	D	0.04%	0.15%	0.04%

RWL Overweight 16 Positions Relative to QWLD

Symbol	Grade	Weight
UAL	A	0.58%
BWA	D	0.08%
NCLH	B	0.07%
CZR	F	0.06%
TPR	B	0.05%
MHK	D	0.05%
RL	B	0.04%
PNW	B	0.03%
GNRC	B	0.03%
NWS	B	0.03%
GL	B	0.03%
IVZ	B	0.03%
MTD	D	0.02%
FMC	D	0.02%
HAS	D	0.02%
FRT	B	0.01%

RWL Underweight 126 Positions Relative to QWLD

Symbol	Grade	Weight
NVS	D	-0.79%
UL	D	-0.27%
WCN	A	-0.27%
HSBH	B	-0.25%
MFG	B	-0.24%
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%
BBWI	D	-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%