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

$27.82

Average Daily Volume

860,937

Number of Holdings ^*

512

* 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

$161.69

Average Daily Volume

15,214

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

Performance

Period	SCHV	QUS
30 Days	2.15%	1.13%
60 Days	4.21%	2.86%
90 Days	6.00%	3.85%
12 Months	27.93%	28.61%

403 Overlapping Holdings

	Symbol	Grade	Weight in SCHV	Weight in QUS	Overlap
	A	D	0.16%	0.11%	0.11%
	ABBV	F	1.22%	0.49%	0.49%
	ABT	B	0.82%	0.16%	0.16%
	ACGL	C	0.15%	0.38%	0.15%
	ACI	C	0.03%	0.03%	0.03%
	ACM	B	0.06%	0.01%	0.01%
	ADI	D	0.43%	0.14%	0.14%
	ADM	D	0.1%	0.08%	0.08%
	ADP	A	0.51%	0.54%	0.51%
	AEE	A	0.1%	0.11%	0.1%
	AEP	C	0.2%	0.19%	0.19%
	AES	F	0.04%	0.01%	0.01%
	AFG	A	0.04%	0.15%	0.04%
	AFL	B	0.23%	0.22%	0.22%
	AIG	B	0.2%	0.12%	0.12%
	AIZ	A	0.05%	0.12%	0.05%
	AJG	A	0.26%	0.46%	0.26%
	AKAM	D	0.05%	0.14%	0.05%
	ALB	B	0.05%	0.02%	0.02%
	ALL	A	0.21%	0.06%	0.06%
	ALLE	C	0.05%	0.04%	0.04%
	ALLY	C	0.04%	0.03%	0.03%
	AMAT	F	0.61%	0.48%	0.48%
	AMCR	C	0.06%	0.02%	0.02%
	AME	A	0.18%	0.02%	0.02%
	AMGN	F	0.66%	0.27%	0.27%
	AMH	C	0.05%	0.01%	0.01%
	AMP	A	0.22%	0.04%	0.04%
	AMT	C	0.37%	0.04%	0.04%
	AON	A	0.34%	0.21%	0.21%
	AOS	F	0.04%	0.03%	0.03%
	APA	D	0.03%	0.05%	0.03%
	APD	A	0.28%	0.05%	0.05%
	APH	A	0.35%	0.71%	0.35%
	APTV	F	0.06%	0.02%	0.02%
	ARE	F	0.07%	0.02%	0.02%
	ARES	A	0.13%	0.01%	0.01%
	ATO	A	0.09%	0.04%	0.04%
	AVB	B	0.13%	0.02%	0.02%
	AVY	F	0.07%	0.01%	0.01%
	AWK	C	0.1%	0.02%	0.02%
	AXP	A	0.66%	0.11%	0.11%
	BA	F	0.41%	0.02%	0.02%
	BAC	A	1.26%	0.69%	0.69%
	BAH	F	0.09%	0.2%	0.09%
	BALL	F	0.08%	0.02%	0.02%
	BAX	F	0.07%	0.02%	0.02%
	BBWI	C	0.03%	0.01%	0.01%
	BBY	D	0.07%	0.09%	0.07%
	BDX	F	0.27%	0.24%	0.24%
	BEN	C	0.03%	0.01%	0.01%
	BG	D	0.05%	0.05%	0.05%
	BIIB	F	0.1%	0.02%	0.02%
	BK	A	0.23%	0.09%	0.09%
	BMY	B	0.48%	0.34%	0.34%
	BR	A	0.11%	0.03%	0.03%
	BRK.A	B	3.48%	1.1%	1.1%
	BRO	B	0.11%	0.01%	0.01%
	BSX	A	0.53%	0.04%	0.04%
	BSY	F	0.03%	0.0%	0.0%
	BURL	B	0.07%	0.01%	0.01%
	BX	A	0.53%	0.05%	0.05%
	BXP	C	0.05%	0.01%	0.01%
	C	A	0.53%	0.45%	0.45%
	CAG	F	0.05%	0.02%	0.02%
	CAH	B	0.12%	0.12%	0.12%
	CARR	C	0.26%	0.04%	0.04%
	CAT	B	0.76%	0.63%	0.63%
	CB	C	0.43%	0.65%	0.43%
	CBOE	C	0.08%	0.29%	0.08%
	CBRE	B	0.17%	0.05%	0.05%
	CCI	C	0.18%	0.03%	0.03%
	CCK	D	0.04%	0.02%	0.02%
	CCL	A	0.1%	0.01%	0.01%
	CDW	F	0.1%	0.19%	0.1%
	CE	F	0.03%	0.01%	0.01%
	CF	A	0.06%	0.03%	0.03%
	CFG	B	0.08%	0.07%	0.07%
	CG	B	0.04%	0.01%	0.01%
	CHD	A	0.11%	0.14%	0.11%
	CHRD	D	0.03%	0.01%	0.01%
	CHRW	B	0.05%	0.02%	0.02%
	CI	D	0.38%	0.24%	0.24%
	CINF	A	0.1%	0.03%	0.03%
	CL	D	0.3%	0.17%	0.17%
	CLX	A	0.08%	0.01%	0.01%
	CMCSA	B	0.69%	0.42%	0.42%
	CME	B	0.33%	0.23%	0.23%
	CMI	A	0.2%	0.17%	0.17%
	CMS	C	0.08%	0.09%	0.08%
	CNC	D	0.12%	0.08%	0.08%
	CNH	C	0.04%	0.03%	0.03%
	CNP	A	0.08%	0.02%	0.02%
	COF	C	0.29%	0.17%	0.17%
	COP	C	0.53%	0.17%	0.17%
	COR	B	0.18%	0.35%	0.18%
	CPB	D	0.04%	0.12%	0.04%
	CPT	B	0.05%	0.01%	0.01%
	CRBG	B	0.03%	0.02%	0.02%
	CSCO	B	0.97%	1.34%	0.97%
	CSX	C	0.29%	0.05%	0.05%
	CTAS	B	0.31%	0.23%	0.23%
	CTRA	B	0.08%	0.03%	0.03%
	CTSH	B	0.17%	0.39%	0.17%
	CVS	D	0.28%	0.29%	0.28%
	CVX	A	1.1%	0.55%	0.55%
	D	C	0.19%	0.14%	0.14%
	DAL	B	0.17%	0.01%	0.01%
	DD	C	0.14%	0.04%	0.04%
	DE	B	0.41%	0.1%	0.1%
	DFS	B	0.18%	0.07%	0.07%
	DG	F	0.07%	0.02%	0.02%
	DGX	A	0.07%	0.06%	0.06%
	DHI	F	0.19%	0.19%	0.19%
	DINO	D	0.03%	0.02%	0.02%
	DIS	B	0.76%	0.17%	0.17%
	DKS	D	0.05%	0.01%	0.01%
	DLR	B	0.22%	0.04%	0.04%
	DLTR	F	0.05%	0.02%	0.02%
	DOC	C	0.06%	0.01%	0.01%
	DOV	A	0.11%	0.02%	0.02%
	DOW	F	0.13%	0.06%	0.06%
	DRI	B	0.08%	0.02%	0.02%
	DTE	C	0.1%	0.1%	0.1%
	DUK	C	0.35%	0.6%	0.35%
	DVA	C	0.03%	0.01%	0.01%
	DVN	F	0.1%	0.04%	0.04%
	EA	A	0.16%	0.31%	0.16%
	EBAY	D	0.12%	0.02%	0.02%
	ECL	D	0.26%	0.02%	0.02%
	ED	C	0.13%	0.42%	0.13%
	EIX	B	0.13%	0.04%	0.04%
	EL	F	0.06%	0.01%	0.01%
	ELS	C	0.06%	0.0%	0.0%
	EMN	C	0.05%	0.02%	0.02%
	EMR	B	0.3%	0.05%	0.05%
	ENTG	D	0.06%	0.01%	0.01%
	EOG	A	0.31%	0.15%	0.15%
	EQH	C	0.06%	0.02%	0.02%
	EQR	C	0.1%	0.02%	0.02%
	EQT	B	0.1%	0.03%	0.03%
	ERIE	D	0.04%	0.17%	0.04%
	ES	C	0.09%	0.03%	0.03%
	ESS	B	0.08%	0.01%	0.01%
	ETN	A	0.6%	0.05%	0.05%
	ETR	B	0.13%	0.05%	0.05%
	EVRG	A	0.06%	0.02%	0.02%
	EXC	C	0.15%	0.06%	0.06%
	EXPD	C	0.07%	0.06%	0.06%
	EXPE	B	0.09%	0.02%	0.02%
	EXR	C	0.14%	0.02%	0.02%
	F	C	0.18%	0.16%	0.16%
	FANG	C	0.14%	0.22%	0.14%
	FAST	B	0.19%	0.15%	0.15%
	FBIN	D	0.04%	0.01%	0.01%
	FCX	F	0.25%	0.04%	0.04%
	FDX	B	0.27%	0.12%	0.12%
	FE	C	0.09%	0.02%	0.02%
	FFIV	B	0.06%	0.23%	0.06%
	FIS	C	0.2%	0.03%	0.03%
	FITB	B	0.13%	0.06%	0.06%
	FNF	B	0.06%	0.02%	0.02%
	FOXA	A	0.07%	0.02%	0.02%
	FTV	C	0.11%	0.02%	0.02%
	GD	D	0.33%	0.07%	0.07%
	GEHC	D	0.16%	0.03%	0.03%
	GEN	B	0.07%	0.13%	0.07%
	GGG	B	0.06%	0.05%	0.05%
	GILD	C	0.47%	0.43%	0.43%
	GIS	D	0.15%	0.25%	0.15%
	GLPI	C	0.05%	0.01%	0.01%
	GLW	B	0.15%	0.14%	0.14%
	GM	C	0.26%	0.32%	0.26%
	GPC	D	0.07%	0.02%	0.02%
	GPN	B	0.12%	0.04%	0.04%
	GRMN	B	0.13%	0.2%	0.13%
	GS	A	0.76%	0.3%	0.3%
	HAL	C	0.11%	0.03%	0.03%
	HBAN	A	0.1%	0.06%	0.06%
	HCA	F	0.26%	0.06%	0.06%
	HD	B	1.65%	0.35%	0.35%
	HIG	B	0.14%	0.09%	0.09%
	HII	F	0.03%	0.01%	0.01%
	HOLX	D	0.07%	0.07%	0.07%
	HON	C	0.62%	0.53%	0.53%
	HPE	B	0.12%	0.06%	0.06%
	HPQ	B	0.15%	0.07%	0.07%
	HRL	D	0.04%	0.08%	0.04%
	HSIC	C	0.03%	0.01%	0.01%
	HST	C	0.05%	0.01%	0.01%
	HSY	F	0.11%	0.18%	0.11%
	HUBB	B	0.1%	0.07%	0.07%
	HWM	A	0.19%	0.01%	0.01%
	IBM	C	0.79%	0.67%	0.67%
	ICE	C	0.36%	0.14%	0.14%
	IEX	C	0.07%	0.05%	0.05%
	IFF	D	0.09%	0.02%	0.02%
	INCY	C	0.05%	0.2%	0.05%
	INTC	C	0.43%	0.18%	0.18%
	INVH	D	0.08%	0.01%	0.01%
	IP	A	0.08%	0.04%	0.04%
	IPG	D	0.04%	0.01%	0.01%
	IR	B	0.17%	0.02%	0.02%
	IRM	C	0.14%	0.01%	0.01%
	ITW	B	0.3%	0.27%	0.27%
	J	D	0.08%	0.02%	0.02%
	JBL	C	0.06%	0.03%	0.03%
	JCI	B	0.23%	0.05%	0.05%
	JKHY	D	0.05%	0.04%	0.04%
	JNJ	C	1.5%	1.64%	1.5%
	JNPR	D	0.05%	0.17%	0.05%
	JPM	A	2.78%	1.06%	1.06%
	K	A	0.09%	0.29%	0.09%
	KDP	F	0.15%	0.23%	0.15%
	KEY	B	0.07%	0.04%	0.04%
	KEYS	A	0.11%	0.26%	0.11%
	KHC	F	0.11%	0.18%	0.11%
	KIM	A	0.07%	0.02%	0.02%
	KKR	A	0.42%	0.04%	0.04%
	KMB	C	0.18%	0.1%	0.1%
	KMI	A	0.21%	0.07%	0.07%
	KMX	B	0.05%	0.03%	0.03%
	KNX	C	0.04%	0.04%	0.04%
	KO	D	0.99%	0.81%	0.81%
	KR	B	0.16%	0.31%	0.16%
	KVUE	A	0.18%	0.04%	0.04%
	L	A	0.06%	0.12%	0.06%
	LDOS	C	0.11%	0.02%	0.02%
	LEN	D	0.17%	0.06%	0.06%
	LH	B	0.08%	0.03%	0.03%
	LHX	C	0.2%	0.04%	0.04%
	LKQ	F	0.04%	0.02%	0.02%
	LMT	D	0.48%	0.72%	0.48%
	LNT	A	0.06%	0.05%	0.05%
	LOW	C	0.63%	0.13%	0.13%
	LUV	C	0.08%	0.01%	0.01%
	LVS	B	0.07%	0.01%	0.01%
	LW	C	0.05%	0.03%	0.03%
	LYB	F	0.09%	0.04%	0.04%
	MAA	B	0.08%	0.01%	0.01%
	MANH	D	0.07%	0.07%	0.07%
	MAS	D	0.07%	0.01%	0.01%
	MCD	D	0.87%	0.5%	0.5%
	MCHP	F	0.14%	0.1%	0.1%
	MDLZ	F	0.36%	0.22%	0.22%
	MDT	D	0.46%	0.15%	0.15%
	MET	A	0.2%	0.09%	0.09%
	MGM	D	0.04%	0.01%	0.01%
	MKC	C	0.08%	0.01%	0.01%
	MKTX	D	0.04%	0.03%	0.03%
	MMC	B	0.45%	0.69%	0.45%
	MMM	D	0.29%	0.28%	0.28%
	MNST	C	0.16%	0.12%	0.12%
	MO	A	0.38%	0.07%	0.07%
	MOS	F	0.03%	0.03%	0.03%
	MPC	D	0.22%	0.32%	0.22%
	MRK	D	1.01%	0.46%	0.46%
	MRO	B	0.07%	0.04%	0.04%
	MS	A	0.67%	0.21%	0.21%
	MSI	B	0.34%	0.63%	0.34%
	MTB	A	0.14%	0.08%	0.08%
	MTCH	D	0.03%	0.01%	0.01%
	MU	D	0.45%	0.07%	0.07%
	NDAQ	A	0.13%	0.02%	0.02%
	NDSN	B	0.06%	0.01%	0.01%
	NEE	C	0.62%	0.1%	0.1%
	NEM	D	0.19%	0.18%	0.18%
	NI	A	0.07%	0.02%	0.02%
	NKE	F	0.37%	0.28%	0.28%
	NOC	D	0.29%	0.55%	0.29%
	NRG	B	0.08%	0.03%	0.03%
	NSC	B	0.25%	0.05%	0.05%
	NTAP	C	0.1%	0.16%	0.1%
	NTRS	A	0.09%	0.03%	0.03%
	NUE	C	0.15%	0.07%	0.07%
	NWSA	A	0.06%	0.01%	0.01%
	NXPI	D	0.23%	0.03%	0.03%
	O	C	0.2%	0.04%	0.04%
	OC	A	0.07%	0.02%	0.02%
	OKE	A	0.26%	0.05%	0.05%
	OMC	C	0.08%	0.07%	0.07%
	ON	D	0.12%	0.02%	0.02%
	ORCL	A	1.23%	0.53%	0.53%
	OTIS	C	0.16%	0.04%	0.04%
	OVV	B	0.05%	0.03%	0.03%
	OXY	D	0.14%	0.1%	0.1%
	PARA	C	0.03%	0.03%	0.03%
	PAYX	B	0.19%	0.16%	0.16%
	PCAR	B	0.25%	0.06%	0.06%
	PCG	A	0.18%	0.06%	0.06%
	PEG	A	0.18%	0.04%	0.04%
	PEP	F	0.92%	1.01%	0.92%
	PFE	F	0.61%	0.33%	0.33%
	PFG	D	0.08%	0.03%	0.03%
	PG	C	1.59%	0.59%	0.59%
	PHM	D	0.11%	0.11%	0.11%
	PKG	A	0.09%	0.09%	0.09%
	PLD	F	0.44%	0.08%	0.08%
	PM	B	0.79%	0.11%	0.11%
	PNC	B	0.34%	0.17%	0.17%
	PNR	A	0.07%	0.01%	0.01%
	PPG	F	0.12%	0.02%	0.02%
	PPL	A	0.1%	0.03%	0.03%
	PRU	A	0.18%	0.08%	0.08%
	PSA	C	0.21%	0.14%	0.14%
	PSX	C	0.22%	0.14%	0.14%
	PWR	A	0.2%	0.02%	0.02%
	PYPL	B	0.36%	0.08%	0.08%
	QCOM	F	0.72%	0.55%	0.55%
	RCL	A	0.22%	0.01%	0.01%
	REG	A	0.05%	0.01%	0.01%
	RF	A	0.1%	0.06%	0.06%
	RJF	A	0.12%	0.03%	0.03%
	ROK	C	0.13%	0.1%	0.1%
	ROL	B	0.06%	0.17%	0.06%
	ROST	D	0.19%	0.03%	0.03%
	RPM	A	0.07%	0.01%	0.01%
	RPRX	D	0.04%	0.01%	0.01%
	RS	B	0.07%	0.03%	0.03%
	RSG	A	0.18%	0.54%	0.18%
	RTX	D	0.67%	0.18%	0.18%
	SBUX	A	0.46%	0.06%	0.06%
	SCHW	B	0.47%	0.07%	0.07%
	SEIC	B	0.03%	0.03%	0.03%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.25%	0.05%	0.05%
	SNA	A	0.08%	0.06%	0.06%
	SNAP	D	0.05%	0.0%	0.0%
	SO	C	0.39%	0.54%	0.39%
	SOLV	D	0.04%	0.06%	0.04%
	SPG	A	0.22%	0.03%	0.03%
	SRE	A	0.24%	0.06%	0.06%
	SSNC	B	0.06%	0.02%	0.02%
	STE	D	0.09%	0.01%	0.01%
	STLD	B	0.08%	0.04%	0.04%
	STT	B	0.12%	0.06%	0.06%
	STX	C	0.08%	0.07%	0.07%
	SUI	C	0.06%	0.01%	0.01%
	SW	A	0.1%	0.03%	0.03%
	SWK	D	0.05%	0.02%	0.02%
	SWKS	F	0.05%	0.05%	0.05%
	SYF	B	0.1%	0.06%	0.06%
	SYK	B	0.54%	0.05%	0.05%
	SYY	D	0.15%	0.05%	0.05%
	T	A	0.65%	0.69%	0.65%
	TAP	C	0.05%	0.02%	0.02%
	TECH	F	0.05%	0.0%	0.0%
	TER	F	0.07%	0.04%	0.04%
	TFC	A	0.25%	0.16%	0.16%
	TFX	F	0.04%	0.01%	0.01%
	TGT	F	0.29%	0.1%	0.1%
	TJX	A	0.56%	0.56%	0.56%
	TRMB	B	0.07%	0.01%	0.01%
	TROW	B	0.11%	0.09%	0.09%
	TRU	D	0.08%	0.01%	0.01%
	TRV	B	0.24%	0.47%	0.24%
	TSCO	D	0.12%	0.09%	0.09%
	TSN	B	0.07%	0.3%	0.07%
	TT	A	0.38%	0.26%	0.26%
	TTC	C	0.03%	0.03%	0.03%
	TXN	C	0.76%	1.06%	0.76%
	TXT	D	0.07%	0.02%	0.02%
	UDR	B	0.06%	0.01%	0.01%
	UHAL	D	0.03%	0.01%	0.01%
	UHS	D	0.05%	0.02%	0.02%
	UNP	C	0.59%	0.08%	0.08%
	UPS	C	0.4%	0.11%	0.11%
	USB	A	0.32%	0.16%	0.16%
	UTHR	C	0.07%	0.1%	0.07%
	VICI	C	0.13%	0.04%	0.04%
	VLO	C	0.18%	0.15%	0.15%
	VLTO	C	0.11%	0.08%	0.08%
	VRSK	A	0.17%	0.15%	0.15%
	VRSN	C	0.06%	0.22%	0.06%
	VST	A	0.2%	0.02%	0.02%
	VTR	B	0.11%	0.02%	0.02%
	VTRS	A	0.06%	0.05%	0.05%
	VZ	C	0.7%	0.81%	0.7%
	WAB	B	0.14%	0.02%	0.02%
	WBA	F	0.03%	0.06%	0.03%
	WDC	D	0.08%	0.02%	0.02%
	WEC	A	0.13%	0.29%	0.13%
	WELL	A	0.32%	0.04%	0.04%
	WFC	A	1.0%	0.5%	0.5%
	WLK	D	0.02%	0.01%	0.01%
	WM	B	0.33%	0.52%	0.33%
	WMB	A	0.27%	0.15%	0.15%
	WMT	A	1.51%	0.94%	0.94%
	WPC	C	0.05%	0.01%	0.01%
	WRB	A	0.07%	0.12%	0.07%
	WSM	C	0.07%	0.06%	0.06%
	WSO	A	0.08%	0.06%	0.06%
	WTRG	B	0.04%	0.01%	0.01%
	WTW	B	0.13%	0.16%	0.13%
	WY	F	0.09%	0.03%	0.03%
	WYNN	C	0.03%	0.0%	0.0%
	XEL	A	0.16%	0.2%	0.16%
	XOM	B	2.19%	0.81%	0.81%
	XYL	D	0.12%	0.01%	0.01%
	YUM	D	0.15%	0.19%	0.15%
	Z	A	0.06%	0.01%	0.01%
	ZBH	C	0.09%	0.02%	0.02%
	ZBRA	B	0.08%	0.01%	0.01%

SCHV Overweight 109 Positions Relative to QUS

	Symbol	Grade	Weight
	UAL	A	0.12%
	GWRE	A	0.07%
	USFD	A	0.07%
	RBA	A	0.07%
	XPO	B	0.07%
	NTNX	B	0.07%
	SOFI	B	0.06%
	EWBC	A	0.06%
	CW	C	0.06%
	FLEX	B	0.06%
	RGA	A	0.06%
	TOL	B	0.06%
	THC	D	0.06%
	LAMR	C	0.05%
	RRX	B	0.05%
	ATR	B	0.05%
	BJ	A	0.05%
	TPR	B	0.05%
	LECO	C	0.05%
	NCLH	B	0.05%
	JEF	A	0.05%
	UNM	A	0.05%
	SCI	B	0.05%
	ITT	A	0.05%
	TTEK	F	0.05%
	JLL	D	0.05%
	NVT	B	0.05%
	OGE	A	0.04%
	APG	B	0.04%
	CFR	B	0.04%
	ZION	B	0.04%
	AXTA	B	0.04%
	ORI	A	0.04%
	SNX	D	0.04%
	RGLD	C	0.04%
	AR	B	0.04%
	REXR	F	0.04%
	AAL	B	0.04%
	WCC	B	0.04%
	KBR	F	0.04%
	CMA	B	0.04%
	DCI	B	0.04%
	MORN	B	0.04%
	PR	B	0.04%
	TPX	B	0.04%
	GL	C	0.04%
	LAD	A	0.04%
	WAL	B	0.04%
	AYI	B	0.04%
	OHI	C	0.04%
	WBS	A	0.04%
	GME	C	0.04%
	CIEN	C	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	PNW	A	0.04%
	AA	A	0.04%
	WWD	C	0.04%
	FHN	A	0.04%
	CUBE	C	0.04%
	STWD	C	0.03%
	BRKR	D	0.03%
	VFC	C	0.03%
	DAR	C	0.03%
	MTN	C	0.03%
	FMC	D	0.03%
	LSCC	D	0.03%
	ELAN	D	0.03%
	GNTX	C	0.03%
	CGNX	D	0.03%
	MASI	B	0.03%
	ALV	C	0.03%
	WEX	D	0.03%
	MHK	D	0.03%
	MIDD	C	0.03%
	AGNC	C	0.03%
	G	B	0.03%
	BERY	C	0.03%
	WH	B	0.03%
	NNN	C	0.03%
	RHI	C	0.03%
	JAZZ	B	0.03%
	BWA	D	0.03%
	IVZ	B	0.03%
	VOYA	B	0.03%
	ONTO	F	0.03%
	LNW	F	0.03%
	HAS	D	0.03%
	CBSH	B	0.03%
	CZR	F	0.03%
	EGP	D	0.03%
	FRT	B	0.03%
	ST	F	0.02%
	POST	C	0.02%
	AGCO	D	0.02%
	LEA	F	0.02%
	COLD	D	0.02%
	SIRI	C	0.02%
	ARW	D	0.02%
	UI	B	0.01%
	REYN	D	0.01%
	PPC	C	0.01%
	LCID	F	0.01%
	AGR	A	0.01%
	BOKF	B	0.01%
	COTY	F	0.01%
	ADTN	A	0.01%
	PAG	B	0.01%
	CNA	C	0.0%

SCHV Underweight 180 Positions Relative to QUS

	Symbol	Grade	Weight
	AAPL	C	-3.24%
	NVDA	B	-2.76%
	MSFT	D	-2.7%
	META	D	-2.32%
	UNH	B	-2.21%
	LLY	F	-1.92%
	V	A	-1.91%
	MA	B	-1.69%
	COST	A	-1.31%
	GOOGL	C	-1.2%
	ACN	B	-1.18%
	GOOG	C	-1.12%
	TMUS	B	-0.78%
	ADBE	C	-0.71%
	AMZN	C	-0.69%
	PGR	A	-0.65%
	MCK	A	-0.61%
	AVGO	D	-0.58%
	VRTX	D	-0.57%
	WCN	A	-0.53%
	ROP	B	-0.46%
	BLK	B	-0.46%
	ANET	C	-0.39%
	AZO	C	-0.36%
	GDDY	A	-0.34%
	FCNCA	A	-0.34%
	PANW	B	-0.32%
	FI	A	-0.31%
	LRCX	F	-0.3%
	CDNS	B	-0.29%
	ELV	F	-0.29%
	KLAC	F	-0.29%
	SNPS	B	-0.28%
	TSLA	B	-0.28%
	NOW	A	-0.27%
	SHW	B	-0.26%
	ORLY	B	-0.26%
	ZTS	D	-0.25%
	REGN	F	-0.25%
	CMG	B	-0.22%
	MCO	B	-0.21%
	TDY	B	-0.21%
	HUM	C	-0.2%
	GWW	B	-0.2%
	FICO	B	-0.2%
	EG	C	-0.18%
	PTC	B	-0.18%
	UBER	F	-0.18%
	ADSK	A	-0.16%
	CTVA	C	-0.16%
	MKL	A	-0.15%
	WDAY	B	-0.15%
	LIN	C	-0.15%
	NFLX	A	-0.14%
	CPRT	B	-0.14%
	MOH	F	-0.13%
	IT	C	-0.13%
	ODFL	C	-0.13%
	CRM	B	-0.12%
	LULU	C	-0.12%
	IDXX	F	-0.12%
	EW	C	-0.12%
	NVR	D	-0.11%
	GE	D	-0.11%
	NBIX	C	-0.11%
	WBD	B	-0.11%
	TMO	F	-0.1%
	DHR	F	-0.09%
	TPL	A	-0.09%
	DECK	A	-0.09%
	CHTR	C	-0.09%
	RMD	C	-0.09%
	EME	A	-0.08%
	BLDR	D	-0.08%
	ULTA	F	-0.08%
	BMRN	F	-0.08%
	HUBS	A	-0.08%
	VEEV	C	-0.08%
	SPGI	C	-0.07%
	DPZ	C	-0.07%
	WAT	C	-0.07%
	TW	A	-0.07%
	MELI	C	-0.07%
	ALNY	D	-0.07%
	MPWR	F	-0.07%
	LPLA	A	-0.07%
	DELL	B	-0.06%
	AMD	F	-0.06%
	CRWD	B	-0.06%
	WST	C	-0.06%
	GEV	B	-0.05%
	JBHT	C	-0.05%
	FDS	B	-0.05%
	LNG	A	-0.05%
	ISRG	A	-0.04%
	INTU	B	-0.04%
	BKNG	A	-0.04%
	PH	A	-0.04%
	URI	C	-0.04%
	BKR	A	-0.04%
	EPAM	B	-0.04%
	POOL	C	-0.04%
	SMCI	F	-0.03%
	TRGP	A	-0.03%
	FSLR	F	-0.03%
	APO	B	-0.03%
	SQ	A	-0.03%
	CEG	C	-0.03%
	PAYC	B	-0.03%
	APP	B	-0.02%
	CPAY	A	-0.02%
	ABNB	C	-0.02%
	STZ	D	-0.02%
	VMC	B	-0.02%
	MLM	C	-0.02%
	MAR	A	-0.02%
	MRVL	B	-0.02%
	IQV	F	-0.02%
	HES	B	-0.02%
	EQIX	A	-0.02%
	ENPH	F	-0.02%
	TTD	B	-0.01%
	HOOD	B	-0.01%
	RIVN	F	-0.01%
	TYL	B	-0.01%
	MTD	F	-0.01%
	BIO	C	-0.01%
	LII	A	-0.01%
	ALGN	D	-0.01%
	QRVO	F	-0.01%
	LYV	A	-0.01%
	VRT	B	-0.01%
	SBAC	D	-0.01%
	PLTR	B	-0.01%
	ILMN	C	-0.01%
	CSGP	D	-0.01%
	CRL	D	-0.01%
	CTLT	C	-0.01%
	ANSS	B	-0.01%
	TDG	D	-0.01%
	MSCI	C	-0.01%
	DASH	B	-0.01%
	CSL	C	-0.01%
	AVTR	F	-0.01%
	FOX	A	-0.01%
	HLT	A	-0.01%
	FTNT	C	-0.01%
	MRNA	F	-0.01%
	TWLO	A	-0.01%
	TTWO	A	-0.01%
	COIN	C	-0.01%
	EFX	F	-0.01%
	ZM	C	-0.01%
	RVTY	F	-0.01%
	CELH	F	-0.0%
	IOT	A	-0.0%
	ZS	B	-0.0%
	TEAM	A	-0.0%
	NET	B	-0.0%
	RBLX	C	-0.0%
	MDB	B	-0.0%
	TOST	B	-0.0%
	DKNG	B	-0.0%
	PSTG	D	-0.0%
	DDOG	A	-0.0%
	H	B	-0.0%
	DT	D	-0.0%
	PODD	C	-0.0%
	DOCU	B	-0.0%
	EXAS	D	-0.0%
	HEI	A	-0.0%
	DAY	B	-0.0%
	ROKU	D	-0.0%
	SNOW	B	-0.0%
	PINS	F	-0.0%
	DXCM	C	-0.0%
	MSTR	B	-0.0%
	HEI	A	-0.0%
	OKTA	C	-0.0%
	AXON	A	-0.0%

SCHV: Top Represented Industries & Keywords

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

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

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors 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 Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50