SCHV vs. QUS ETF Comparison

Comparison of Schwab U.S. Large-Cap Value ETF (SCHV) to SPDR MSCI USA Quality Mix ETF (QUS)

SCHV

Schwab U.S. Large-Cap Value ETF

SCHV Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as "value" based on a number of factors. The index is a float-adjusted market capitalization weighted index.

Grade (RS Rating)

Last Trade

$80.04

Average Daily Volume

337,505

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$156.84

Average Daily Volume

23,407

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

Performance

Period	SCHV	QUS
30 Days	3.57%	2.08%
60 Days	5.14%	4.77%
90 Days	7.58%	6.12%
12 Months	22.72%	28.73%

383 Overlapping Holdings

	Symbol	Grade	Weight in SCHV	Weight in QUS	Overlap
	A	C	0.18%	0.12%	0.12%
	ABBV	C	1.51%	0.59%	0.59%
	ABT	C	0.89%	0.16%	0.16%
	ACGL	C	0.18%	0.42%	0.18%
	ACI	F	0.03%	0.03%	0.03%
	ACM	B	0.06%	0.01%	0.01%
	ADI	C	0.49%	0.15%	0.15%
	ADM	D	0.13%	0.09%	0.09%
	ADP	B	0.5%	0.51%	0.5%
	AEE	C	0.1%	0.1%	0.1%
	AEP	C	0.24%	0.21%	0.21%
	AES	C	0.06%	0.02%	0.02%
	AFG	B	0.04%	0.15%	0.04%
	AFL	C	0.24%	0.21%	0.21%
	AIG	D	0.21%	0.12%	0.12%
	AIZ	B	0.04%	0.11%	0.04%
	AJG	D	0.28%	0.47%	0.28%
	AKAM	D	0.06%	0.17%	0.06%
	ALL	B	0.21%	0.06%	0.06%
	ALLE	B	0.05%	0.04%	0.04%
	ALLY	F	0.04%	0.02%	0.02%
	AMAT	D	0.68%	0.55%	0.55%
	AMCR	B	0.07%	0.02%	0.02%
	AME	C	0.17%	0.02%	0.02%
	AMGN	B	0.78%	0.33%	0.33%
	AMH	C	0.06%	0.01%	0.01%
	AMP	A	0.19%	0.03%	0.03%
	AMT	C	0.49%	0.05%	0.05%
	AON	B	0.33%	0.2%	0.2%
	AOS	D	0.04%	0.03%	0.03%
	APA	F	0.04%	0.05%	0.04%
	APD	B	0.27%	0.04%	0.04%
	APH	D	0.33%	0.66%	0.33%
	APO	C	0.21%	0.02%	0.02%
	APTV	D	0.08%	0.03%	0.03%
	ARE	C	0.08%	0.02%	0.02%
	ARES	B	0.11%	0.01%	0.01%
	ATO	B	0.09%	0.04%	0.04%
	AVB	B	0.14%	0.02%	0.02%
	AVY	C	0.08%	0.01%	0.01%
	AWK	B	0.13%	0.02%	0.02%
	AXP	B	0.63%	0.1%	0.1%
	BA	F	0.41%	0.03%	0.03%
	BAC	D	1.16%	0.59%	0.59%
	BAH	C	0.09%	0.21%	0.09%
	BALL	C	0.09%	0.02%	0.02%
	BAX	C	0.09%	0.03%	0.03%
	BBWI	F	0.03%	0.01%	0.01%
	BBY	C	0.08%	0.1%	0.08%
	BDX	D	0.3%	0.26%	0.26%
	BEN	F	0.03%	0.01%	0.01%
	BG	D	0.06%	0.05%	0.05%
	BIIB	F	0.13%	0.03%	0.03%
	BK	B	0.22%	0.08%	0.08%
	BMY	C	0.43%	0.31%	0.31%
	BR	D	0.11%	0.03%	0.03%
	BRK.A	C	3.6%	1.07%	1.07%
	BRO	C	0.1%	0.01%	0.01%
	BSX	B	0.53%	0.04%	0.04%
	BSY	D	0.05%	0.0%	0.0%
	BURL	B	0.08%	0.01%	0.01%
	BX	B	0.45%	0.04%	0.04%
	BXP	B	0.05%	0.02%	0.02%
	C	C	0.48%	0.38%	0.38%
	CAG	C	0.07%	0.02%	0.02%
	CAH	C	0.12%	0.12%	0.12%
	CARR	B	0.27%	0.04%	0.04%
	CAT	B	0.72%	0.58%	0.58%
	CB	B	0.51%	0.66%	0.51%
	CBOE	C	0.1%	0.31%	0.1%
	CBRE	A	0.15%	0.04%	0.04%
	CCI	C	0.23%	0.03%	0.03%
	CCK	A	0.05%	0.02%	0.02%
	CCL	C	0.07%	0.01%	0.01%
	CDW	D	0.13%	0.25%	0.13%
	CE	F	0.05%	0.02%	0.02%
	CF	C	0.06%	0.03%	0.03%
	CFG	C	0.08%	0.06%	0.06%
	CG	D	0.04%	0.01%	0.01%
	CHD	D	0.11%	0.14%	0.11%
	CHK	D	0.04%	0.03%	0.03%
	CHRW	B	0.05%	0.02%	0.02%
	CINF	B	0.09%	0.03%	0.03%
	CL	D	0.38%	0.19%	0.19%
	CLX	C	0.09%	0.01%	0.01%
	CMCSA	D	0.66%	0.4%	0.4%
	CME	C	0.35%	0.22%	0.22%
	CMI	C	0.18%	0.14%	0.14%
	CMS	C	0.09%	0.09%	0.09%
	CNH	D	0.04%	0.02%	0.02%
	CNP	C	0.08%	0.02%	0.02%
	COF	B	0.23%	0.13%	0.13%
	COP	D	0.53%	0.16%	0.16%
	CPB	C	0.04%	0.14%	0.04%
	CPT	B	0.06%	0.01%	0.01%
	CRBG	D	0.03%	0.02%	0.02%
	CSCO	C	0.87%	1.19%	0.87%
	CSX	D	0.29%	0.05%	0.05%
	CTSH	C	0.17%	0.4%	0.17%
	CVS	D	0.31%	0.32%	0.31%
	CVX	D	1.04%	0.49%	0.49%
	D	C	0.21%	0.14%	0.14%
	DAL	C	0.13%	0.01%	0.01%
	DD	B	0.15%	0.04%	0.04%
	DFS	B	0.14%	0.06%	0.06%
	DG	F	0.08%	0.02%	0.02%
	DGX	B	0.08%	0.06%	0.06%
	DINO	F	0.03%	0.03%	0.03%
	DIS	D	0.71%	0.14%	0.14%
	DKS	D	0.05%	0.02%	0.02%
	DLR	B	0.23%	0.03%	0.03%
	DLTR	F	0.06%	0.02%	0.02%
	DOC	C	0.07%	0.01%	0.01%
	DOV	B	0.11%	0.02%	0.02%
	DOW	D	0.16%	0.07%	0.07%
	DRI	B	0.08%	0.01%	0.01%
	DTE	C	0.11%	0.1%	0.1%
	DUK	C	0.39%	0.64%	0.39%
	DVA	B	0.03%	0.01%	0.01%
	DVN	F	0.11%	0.04%	0.04%
	EA	D	0.15%	0.29%	0.15%
	EBAY	B	0.13%	0.02%	0.02%
	ECL	B	0.28%	0.03%	0.03%
	ED	C	0.16%	0.46%	0.16%
	EFX	B	0.16%	0.02%	0.02%
	EIX	C	0.14%	0.05%	0.05%
	EL	F	0.09%	0.01%	0.01%
	ELS	C	0.06%	0.0%	0.0%
	EMN	B	0.05%	0.02%	0.02%
	EMR	D	0.25%	0.04%	0.04%
	ENTG	F	0.07%	0.01%	0.01%
	EQH	C	0.05%	0.02%	0.02%
	EQR	B	0.12%	0.02%	0.02%
	ERIE	B	0.06%	0.22%	0.06%
	ES	C	0.1%	0.03%	0.03%
	ESS	B	0.09%	0.01%	0.01%
	ETN	C	0.52%	0.04%	0.04%
	ETR	B	0.11%	0.04%	0.04%
	EVRG	B	0.06%	0.02%	0.02%
	EXC	C	0.17%	0.06%	0.06%
	EXPD	C	0.08%	0.07%	0.07%
	EXR	B	0.16%	0.03%	0.03%
	F	F	0.18%	0.16%	0.16%
	FAST	C	0.17%	0.13%	0.13%
	FCX	D	0.26%	0.04%	0.04%
	FDX	C	0.28%	0.12%	0.12%
	FE	C	0.1%	0.03%	0.03%
	FFIV	B	0.05%	0.21%	0.05%
	FIS	B	0.2%	0.03%	0.03%
	FITB	B	0.12%	0.06%	0.06%
	FNF	B	0.07%	0.02%	0.02%
	FOXA	B	0.06%	0.02%	0.02%
	FTV	C	0.11%	0.02%	0.02%
	GD	B	0.3%	0.08%	0.08%
	GEHC	C	0.16%	0.03%	0.03%
	GEV	B	0.25%	0.03%	0.03%
	GGG	C	0.06%	0.04%	0.04%
	GILD	B	0.44%	0.41%	0.41%
	GIS	B	0.18%	0.3%	0.18%
	GLPI	C	0.06%	0.01%	0.01%
	GLW	C	0.14%	0.13%	0.13%
	GM	C	0.22%	0.27%	0.22%
	GPC	D	0.08%	0.02%	0.02%
	GPN	D	0.12%	0.04%	0.04%
	GRMN	D	0.12%	0.17%	0.12%
	GS	C	0.67%	0.25%	0.25%
	HBAN	B	0.09%	0.05%	0.05%
	HCA	B	0.33%	0.07%	0.07%
	HD	B	1.61%	0.33%	0.33%
	HEI	B	0.11%	0.0%	0.0%
	HEI	B	0.11%	0.0%	0.0%
	HIG	B	0.15%	0.09%	0.09%
	HOLX	B	0.08%	0.08%	0.08%
	HON	D	0.58%	0.48%	0.48%
	HPE	D	0.09%	0.05%	0.05%
	HPQ	D	0.13%	0.06%	0.06%
	HRL	C	0.04%	0.09%	0.04%
	HSIC	C	0.04%	0.01%	0.01%
	HST	C	0.05%	0.01%	0.01%
	HSY	C	0.13%	0.22%	0.13%
	HUBB	B	0.09%	0.06%	0.06%
	HWM	B	0.16%	0.01%	0.01%
	IBM	B	0.85%	0.72%	0.72%
	ICE	C	0.4%	0.15%	0.15%
	IEX	D	0.07%	0.04%	0.04%
	IFF	B	0.12%	0.02%	0.02%
	INTC	F	0.37%	0.15%	0.15%
	INVH	C	0.09%	0.01%	0.01%
	IP	B	0.07%	0.03%	0.03%
	IPG	C	0.05%	0.02%	0.02%
	IR	C	0.16%	0.02%	0.02%
	IRM	C	0.15%	0.01%	0.01%
	ITW	C	0.29%	0.26%	0.26%
	J	C	0.08%	0.02%	0.02%
	JBL	D	0.05%	0.02%	0.02%
	JCI	B	0.21%	0.04%	0.04%
	JKHY	B	0.06%	0.04%	0.04%
	JNJ	C	1.74%	1.8%	1.74%
	JNPR	B	0.05%	0.18%	0.05%
	JPM	D	2.61%	0.9%	0.9%
	K	B	0.09%	0.3%	0.09%
	KDP	B	0.17%	0.28%	0.17%
	KEY	B	0.07%	0.04%	0.04%
	KEYS	C	0.11%	0.27%	0.11%
	KHC	C	0.12%	0.21%	0.12%
	KIM	C	0.07%	0.02%	0.02%
	KKR	B	0.35%	0.04%	0.04%
	KMB	D	0.21%	0.11%	0.11%
	KMI	B	0.18%	0.05%	0.05%
	KMX	D	0.05%	0.03%	0.03%
	KNX	C	0.04%	0.04%	0.04%
	KO	C	1.21%	0.96%	0.96%
	KR	C	0.15%	0.31%	0.15%
	KVUE	C	0.19%	0.04%	0.04%
	L	C	0.06%	0.12%	0.06%
	LDOS	B	0.09%	0.02%	0.02%
	LEN	B	0.2%	0.07%	0.07%
	LII	B	0.08%	0.01%	0.01%
	LKQ	F	0.05%	0.02%	0.02%
	LMT	C	0.53%	0.79%	0.53%
	LNT	B	0.07%	0.05%	0.05%
	LOW	B	0.62%	0.12%	0.12%
	LUV	C	0.08%	0.01%	0.01%
	LVS	D	0.06%	0.01%	0.01%
	LW	D	0.04%	0.03%	0.03%
	LYB	D	0.11%	0.05%	0.05%
	MAA	B	0.08%	0.01%	0.01%
	MANH	B	0.07%	0.07%	0.07%
	MAS	B	0.08%	0.01%	0.01%
	MCD	B	0.92%	0.52%	0.52%
	MCHP	F	0.18%	0.12%	0.12%
	MDLZ	B	0.44%	0.26%	0.26%
	MDT	C	0.53%	0.16%	0.16%
	MET	B	0.2%	0.08%	0.08%
	MGM	F	0.04%	0.01%	0.01%
	MKC	C	0.09%	0.01%	0.01%
	MMC	C	0.5%	0.72%	0.5%
	MMM	B	0.32%	0.29%	0.29%
	MO	C	0.4%	0.06%	0.06%
	MOS	F	0.04%	0.03%	0.03%
	MPC	F	0.25%	0.34%	0.25%
	MRK	D	1.27%	0.56%	0.56%
	MRO	C	0.06%	0.03%	0.03%
	MS	D	0.53%	0.15%	0.15%
	MSI	B	0.32%	0.58%	0.32%
	MTB	B	0.12%	0.07%	0.07%
	MTCH	C	0.04%	0.01%	0.01%
	MU	F	0.44%	0.07%	0.07%
	NDAQ	A	0.13%	0.02%	0.02%
	NEE	C	0.75%	0.11%	0.11%
	NEM	B	0.26%	0.25%	0.25%
	NI	B	0.07%	0.02%	0.02%
	NKE	D	0.42%	0.3%	0.3%
	NOC	B	0.31%	0.59%	0.31%
	NRG	C	0.07%	0.02%	0.02%
	NSC	C	0.25%	0.05%	0.05%
	NTAP	D	0.1%	0.16%	0.1%
	NTRS	A	0.08%	0.03%	0.03%
	NUE	F	0.14%	0.07%	0.07%
	NWSA	D	0.06%	0.01%	0.01%
	NXPI	F	0.26%	0.03%	0.03%
	O	C	0.24%	0.05%	0.05%
	OC	D	0.06%	0.02%	0.02%
	OKE	B	0.23%	0.05%	0.05%
	OMC	B	0.08%	0.07%	0.07%
	ON	D	0.13%	0.03%	0.03%
	ORCL	C	1.1%	0.48%	0.48%
	OTIS	C	0.16%	0.04%	0.04%
	OVV	F	0.04%	0.03%	0.03%
	OXY	F	0.15%	0.1%	0.1%
	PARA	F	0.02%	0.03%	0.02%
	PAYX	C	0.19%	0.16%	0.16%
	PCAR	D	0.22%	0.05%	0.05%
	PCG	C	0.18%	0.06%	0.06%
	PEG	B	0.18%	0.04%	0.04%
	PEP	C	1.06%	1.15%	1.06%
	PFE	C	0.74%	0.39%	0.39%
	PFG	B	0.07%	0.03%	0.03%
	PG	C	1.8%	0.62%	0.62%
	PH	B	0.33%	0.03%	0.03%
	PHM	B	0.12%	0.12%	0.12%
	PKG	B	0.08%	0.08%	0.08%
	PLD	C	0.53%	0.09%	0.09%
	PM	C	0.85%	0.11%	0.11%
	PNC	B	0.31%	0.15%	0.15%
	PNR	B	0.06%	0.01%	0.01%
	PPG	D	0.13%	0.03%	0.03%
	PPL	C	0.1%	0.03%	0.03%
	PRU	C	0.18%	0.08%	0.08%
	PSA	B	0.25%	0.16%	0.16%
	PSX	F	0.23%	0.14%	0.14%
	PWR	B	0.17%	0.02%	0.02%
	QCOM	D	0.82%	0.58%	0.58%
	RCL	B	0.17%	0.01%	0.01%
	REG	C	0.05%	0.01%	0.01%
	RF	B	0.09%	0.05%	0.05%
	RJF	C	0.09%	0.03%	0.03%
	ROK	D	0.13%	0.1%	0.1%
	ROL	C	0.06%	0.17%	0.06%
	ROST	C	0.22%	0.03%	0.03%
	RPM	B	0.07%	0.01%	0.01%
	RPRX	C	0.05%	0.01%	0.01%
	RS	D	0.07%	0.02%	0.02%
	RSG	D	0.18%	0.54%	0.18%
	RTX	C	0.7%	0.19%	0.19%
	SBUX	C	0.49%	0.06%	0.06%
	SCHW	D	0.41%	0.06%	0.06%
	SEIC	C	0.03%	0.03%	0.03%
	SJM	C	0.05%	0.02%	0.02%
	SLB	F	0.25%	0.05%	0.05%
	SNA	C	0.06%	0.05%	0.05%
	SO	B	0.43%	0.56%	0.43%
	SPG	B	0.23%	0.03%	0.03%
	SRE	C	0.23%	0.06%	0.06%
	SSNC	B	0.07%	0.02%	0.02%
	STE	C	0.1%	0.01%	0.01%
	STLD	F	0.07%	0.03%	0.03%
	STT	A	0.11%	0.05%	0.05%
	STX	C	0.09%	0.07%	0.07%
	SUI	B	0.08%	0.01%	0.01%
	SW	B	0.1%	0.02%	0.02%
	SWK	B	0.07%	0.03%	0.03%
	SWKS	D	0.07%	0.06%	0.06%
	SYF	C	0.08%	0.05%	0.05%
	SYK	C	0.54%	0.05%	0.05%
	SYY	D	0.17%	0.05%	0.05%
	T	C	0.67%	0.67%	0.67%
	TAP	D	0.04%	0.02%	0.02%
	TEL	D	0.19%	0.17%	0.17%
	TER	D	0.09%	0.06%	0.06%
	TFC	C	0.24%	0.14%	0.14%
	TGT	C	0.3%	0.1%	0.1%
	TJX	B	0.59%	0.57%	0.57%
	TRMB	C	0.06%	0.01%	0.01%
	TROW	D	0.1%	0.08%	0.08%
	TRU	B	0.08%	0.01%	0.01%
	TRV	C	0.23%	0.44%	0.23%
	TSCO	C	0.13%	0.09%	0.09%
	TSN	C	0.08%	0.29%	0.08%
	TT	B	0.35%	0.24%	0.24%
	TTC	D	0.04%	0.03%	0.03%
	TXN	C	0.81%	1.07%	0.81%
	TXT	D	0.07%	0.02%	0.02%
	UBER	C	0.64%	0.18%	0.18%
	UDR	C	0.06%	0.01%	0.01%
	UHAL	A	0.03%	0.01%	0.01%
	UHS	B	0.06%	0.02%	0.02%
	UNP	C	0.66%	0.09%	0.09%
	UPS	D	0.41%	0.11%	0.11%
	USB	B	0.31%	0.15%	0.15%
	UTHR	C	0.07%	0.1%	0.07%
	VICI	C	0.15%	0.04%	0.04%
	VLO	F	0.19%	0.14%	0.14%
	VLTO	C	0.1%	0.09%	0.09%
	VRSK	D	0.17%	0.15%	0.15%
	VRSN	D	0.07%	0.23%	0.07%
	VST	C	0.11%	0.01%	0.01%
	VTR	C	0.12%	0.02%	0.02%
	VTRS	D	0.06%	0.05%	0.05%
	VZ	B	0.81%	0.88%	0.81%
	WAB	B	0.13%	0.02%	0.02%
	WBA	F	0.03%	0.07%	0.03%
	WDC	D	0.09%	0.02%	0.02%
	WEC	C	0.13%	0.29%	0.13%
	WELL	C	0.34%	0.03%	0.03%
	WFC	D	0.82%	0.36%	0.36%
	WM	D	0.33%	0.51%	0.33%
	WMB	B	0.24%	0.12%	0.12%
	WMT	C	1.48%	0.92%	0.92%
	WPC	C	0.06%	0.01%	0.01%
	WRB	C	0.08%	0.12%	0.08%
	WSM	D	0.08%	0.06%	0.06%
	WSO	C	0.06%	0.05%	0.05%
	WTRG	D	0.04%	0.01%	0.01%
	WTW	C	0.13%	0.15%	0.13%
	WY	C	0.1%	0.03%	0.03%
	WYNN	D	0.03%	0.0%	0.0%
	XEL	B	0.16%	0.19%	0.16%
	XOM	C	2.16%	0.77%	0.77%
	XYL	C	0.14%	0.02%	0.02%
	YUM	D	0.17%	0.19%	0.17%
	Z	B	0.05%	0.01%	0.01%
	ZBH	F	0.09%	0.02%	0.02%

SCHV Overweight 104 Positions Relative to QUS

	Symbol	Grade	Weight
	RBA	B	0.07%
	UAL	C	0.07%
	USFD	B	0.06%
	RGA	C	0.06%
	GWRE	A	0.06%
	TOL	B	0.06%
	BJ	D	0.05%
	NVT	D	0.05%
	ITT	B	0.05%
	EWBC	D	0.05%
	LAMR	B	0.05%
	CW	B	0.05%
	SCI	B	0.05%
	XPO	D	0.05%
	CUBE	B	0.05%
	JLL	B	0.05%
	OGE	C	0.04%
	MORN	C	0.04%
	NCLH	C	0.04%
	KBR	D	0.04%
	FHN	D	0.04%
	TPX	C	0.04%
	DCI	C	0.04%
	GL	C	0.04%
	WAL	B	0.04%
	SNX	D	0.04%
	ORI	B	0.04%
	FRT	C	0.04%
	EGP	B	0.04%
	HAS	B	0.04%
	NNN	C	0.04%
	RGLD	C	0.04%
	EHC	C	0.04%
	UNM	B	0.04%
	JEF	B	0.04%
	TPR	C	0.04%
	WMS	D	0.04%
	RRX	C	0.04%
	OHI	B	0.04%
	ARMK	B	0.04%
	LECO	F	0.04%
	ATR	B	0.04%
	WWD	D	0.04%
	PNW	C	0.04%
	POST	C	0.03%
	VFC	C	0.03%
	LEA	F	0.03%
	LSCC	D	0.03%
	STWD	B	0.03%
	WH	B	0.03%
	BRKR	D	0.03%
	RHI	D	0.03%
	G	C	0.03%
	CGNX	F	0.03%
	ZION	D	0.03%
	ARW	C	0.03%
	MTN	D	0.03%
	GNTX	F	0.03%
	ALV	F	0.03%
	CFR	C	0.03%
	MIDD	D	0.03%
	AAL	D	0.03%
	IVZ	B	0.03%
	ELAN	D	0.03%
	CBSH	C	0.03%
	BWA	D	0.03%
	AA	D	0.03%
	AGNC	B	0.03%
	CMA	B	0.03%
	BERY	B	0.03%
	AYI	B	0.03%
	VOYA	B	0.03%
	AXTA	B	0.03%
	WBS	D	0.03%
	SOFI	C	0.03%
	CIEN	C	0.03%
	FMC	C	0.03%
	AR	F	0.03%
	COLD	D	0.03%
	MHK	C	0.03%
	LCID	C	0.02%
	PII	D	0.02%
	SEE	D	0.02%
	UGI	C	0.02%
	ALK	C	0.02%
	WHR	D	0.02%
	XRAY	D	0.02%
	OGN	D	0.02%
	ST	D	0.02%
	SON	C	0.02%
	DAR	F	0.02%
	AGCO	D	0.02%
	GME	F	0.02%
	CAR	F	0.01%
	CNA	C	0.01%
	REYN	C	0.01%
	ADTN	D	0.01%
	AGR	B	0.01%
	BOKF	B	0.01%
	PAG	D	0.01%
	COTY	F	0.01%
	HTZ	F	0.0%
	DJT	F	0.0%
	WOLF	F	0.0%

SCHV Underweight 196 Positions Relative to QUS

	Symbol	Grade	Weight
	AAPL	C	-3.27%
	MSFT	C	-2.86%
	LLY	C	-2.43%
	NVDA	D	-2.36%
	UNH	C	-2.27%
	META	B	-2.24%
	V	C	-1.8%
	MA	B	-1.63%
	COST	B	-1.35%
	ACN	C	-1.19%
	GOOGL	D	-1.12%
	GOOG	D	-1.04%
	ADBE	F	-0.78%
	TMUS	C	-0.69%
	PGR	B	-0.66%
	AMZN	C	-0.64%
	VRTX	D	-0.61%
	AVGO	C	-0.6%
	WCN	D	-0.55%
	MCK	F	-0.53%
	ROP	C	-0.48%
	ELV	C	-0.41%
	REGN	C	-0.4%
	BLK	B	-0.4%
	ANET	B	-0.38%
	AZO	D	-0.37%
	KLAC	D	-0.36%
	LRCX	F	-0.34%
	GDDY	C	-0.29%
	FCNCA	D	-0.29%
	PANW	D	-0.29%
	CDNS	D	-0.27%
	ZTS	C	-0.27%
	CI	C	-0.27%
	SHW	B	-0.26%
	SNPS	D	-0.26%
	ORLY	C	-0.25%
	NOW	B	-0.24%
	DHI	B	-0.23%
	CTAS	B	-0.23%
	HUM	F	-0.23%
	CMG	C	-0.22%
	FANG	D	-0.22%
	MCO	B	-0.21%
	TDY	B	-0.2%
	TSLA	C	-0.2%
	EG	C	-0.18%
	LIN	B	-0.17%
	PTC	D	-0.17%
	CTVA	B	-0.17%
	GWW	B	-0.17%
	FICO	B	-0.17%
	INCY	C	-0.17%
	MOH	D	-0.16%
	IDXX	C	-0.15%
	WDAY	D	-0.15%
	MKL	C	-0.14%
	EOG	D	-0.14%
	ADSK	C	-0.14%
	TMO	B	-0.13%
	CPRT	D	-0.13%
	EW	F	-0.13%
	IT	B	-0.13%
	MNST	D	-0.12%
	NBIX	F	-0.12%
	NFLX	B	-0.12%
	MPWR	C	-0.12%
	ODFL	D	-0.12%
	DE	B	-0.11%
	WBD	D	-0.11%
	BMRN	F	-0.11%
	CNC	D	-0.11%
	GE	B	-0.11%
	NVR	B	-0.11%
	RMD	C	-0.1%
	DHR	B	-0.1%
	LULU	D	-0.1%
	VEEV	C	-0.09%
	CRM	D	-0.09%
	DECK	C	-0.08%
	CHTR	D	-0.08%
	MELI	B	-0.08%
	BLDR	C	-0.08%
	ALNY	C	-0.08%
	ULTA	D	-0.08%
	SPGI	B	-0.07%
	AMD	D	-0.07%
	SOLV	C	-0.06%
	HUBS	D	-0.06%
	EME	B	-0.06%
	WAT	C	-0.06%
	WST	D	-0.06%
	DPZ	F	-0.06%
	PYPL	B	-0.06%
	TW	B	-0.06%
	SMCI	F	-0.06%
	ENPH	D	-0.05%
	LNG	C	-0.05%
	FDS	C	-0.05%
	JBHT	D	-0.05%
	LPLA	D	-0.05%
	CRWD	D	-0.05%
	TPL	B	-0.05%
	DELL	D	-0.05%
	URI	B	-0.04%
	EPAM	F	-0.04%
	INTU	C	-0.04%
	LHX	C	-0.04%
	POOL	C	-0.04%
	HAL	F	-0.03%
	IQV	C	-0.03%
	CEG	C	-0.03%
	PAYC	D	-0.03%
	MKTX	C	-0.03%
	CTRA	D	-0.03%
	BKNG	C	-0.03%
	BKR	C	-0.03%
	ISRG	B	-0.03%
	FSLR	C	-0.03%
	ABNB	D	-0.02%
	CHRD	F	-0.02%
	ALB	D	-0.02%
	MLM	D	-0.02%
	MAR	C	-0.02%
	MRVL	C	-0.02%
	STZ	D	-0.02%
	HES	F	-0.02%
	TRGP	B	-0.02%
	EQT	D	-0.02%
	SQ	D	-0.02%
	EQIX	C	-0.02%
	MRNA	F	-0.02%
	VRT	C	-0.01%
	LYV	B	-0.01%
	TYL	C	-0.01%
	APP	C	-0.01%
	BIO	C	-0.01%
	NDSN	C	-0.01%
	COIN	F	-0.01%
	DASH	C	-0.01%
	MTD	D	-0.01%
	ILMN	C	-0.01%
	RIVN	F	-0.01%
	ALGN	D	-0.01%
	TWLO	D	-0.01%
	SBAC	C	-0.01%
	MSCI	C	-0.01%
	ANSS	D	-0.01%
	CTLT	B	-0.01%
	WLK	D	-0.01%
	CSGP	D	-0.01%
	CRL	F	-0.01%
	FOX	B	-0.01%
	FTNT	C	-0.01%
	TFX	C	-0.01%
	CSL	B	-0.01%
	HLT	B	-0.01%
	TDG	B	-0.01%
	ZBRA	B	-0.01%
	TTWO	C	-0.01%
	ZM	C	-0.01%
	QRVO	F	-0.01%
	CPAY	B	-0.01%
	EXPE	C	-0.01%
	HII	D	-0.01%
	AVTR	B	-0.01%
	VMC	D	-0.01%
	CELH	F	-0.0%
	TEAM	D	-0.0%
	ZS	F	-0.0%
	IOT	B	-0.0%
	NET	D	-0.0%
	TOST	C	-0.0%
	RBLX	B	-0.0%
	MDB	D	-0.0%
	DKNG	C	-0.0%
	MSTR	D	-0.0%
	DDOG	D	-0.0%
	PSTG	F	-0.0%
	SNAP	F	-0.0%
	DOCU	C	-0.0%
	H	C	-0.0%
	DT	C	-0.0%
	DAY	D	-0.0%
	PODD	B	-0.0%
	SNOW	F	-0.0%
	AXON	B	-0.0%
	DXCM	F	-0.0%
	PINS	F	-0.0%
	ROKU	C	-0.0%
	HOOD	C	-0.0%
	EXAS	C	-0.0%
	PLTR	B	-0.0%
	TTD	B	-0.0%
	OKTA	F	-0.0%
	TECH	C	-0.0%

SCHV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Banks - Regional - US Asset Management Business Services Packaging & Containers REIT - Residential Packaged Foods Semiconductors Aerospace & Defense Drug Manufacturers - Major Household & Personal Products Insurance - Property & Casualty Oil & Gas E&P Specialty Retail Insurance - Diversified Utilities - Diversified Auto Parts Communication Equipment Electronic Components

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

QUS: Top Represented Industries & Keywords

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

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