SCHX vs. QVML ETF Comparison

Comparison of Schwab U.S. Large-Cap ETF (SCHX) to Invesco S&P 500 QVM Multi-factor ETF (QVML)

SCHX

Schwab U.S. Large-Cap ETF

SCHX 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 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 portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$67.16

Average Daily Volume

1,477,064

Number of Holdings ^*

730

* may have additional holdings in another (foreign) market

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.61

Average Daily Volume

1,283

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

Performance

Period	SCHX	QVML
30 Days	2.58%	1.39%
60 Days	6.95%	6.65%
90 Days	2.88%	2.42%
12 Months	35.56%	36.40%

443 Overlapping Holdings

	Symbol	Grade	Weight in SCHX	Weight in QVML	Overlap
	A	B	0.08%	0.09%	0.08%
	AAPL	C	6.66%	7.32%	6.66%
	ABBV	B	0.66%	0.74%	0.66%
	ABNB	D	0.11%	0.13%	0.11%
	ABT	C	0.38%	0.41%	0.38%
	ACGL	B	0.08%	0.1%	0.08%
	ACN	B	0.42%	0.45%	0.42%
	ADBE	F	0.44%	0.5%	0.44%
	ADI	C	0.22%	0.26%	0.22%
	ADM	F	0.06%	0.06%	0.06%
	ADP	A	0.21%	0.24%	0.21%
	ADSK	C	0.11%	0.12%	0.11%
	AEE	A	0.04%	0.05%	0.04%
	AEP	C	0.1%	0.11%	0.1%
	AFL	A	0.11%	0.13%	0.11%
	AIG	F	0.09%	0.11%	0.09%
	AIZ	B	0.02%	0.02%	0.02%
	AJG	D	0.12%	0.13%	0.12%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	C	0.1%	0.11%	0.1%
	ALLE	A	0.02%	0.03%	0.02%
	AMAT	B	0.33%	0.38%	0.33%
	AMCR	C	0.03%	0.04%	0.03%
	AMD	B	0.51%	0.57%	0.51%
	AME	D	0.08%	0.09%	0.08%
	AMP	A	0.09%	0.1%	0.09%
	AMZN	C	3.38%	3.72%	3.38%
	ANET	A	0.19%	0.22%	0.19%
	ANSS	D	0.05%	0.06%	0.05%
	AON	B	0.15%	0.16%	0.15%
	AOS	B	0.02%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APH	D	0.15%	0.19%	0.15%
	APTV	D	0.04%	0.05%	0.04%
	ARE	D	0.04%	0.04%	0.04%
	ATO	A	0.04%	0.04%	0.04%
	AVB	C	0.06%	0.07%	0.06%
	AVGO	C	1.55%	1.71%	1.55%
	AVY	D	0.03%	0.04%	0.03%
	AWK	C	0.05%	0.06%	0.05%
	AXON	A	0.05%	0.06%	0.05%
	AXP	B	0.29%	0.34%	0.29%
	AZO	D	0.11%	0.12%	0.11%
	BAC	D	0.51%	0.61%	0.51%
	BALL	C	0.04%	0.04%	0.04%
	BAX	D	0.04%	0.04%	0.04%
	BBWI	F	0.01%	0.02%	0.01%
	BBY	C	0.04%	0.04%	0.04%
	BDX	C	0.13%	0.15%	0.13%
	BEN	F	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BK	C	0.1%	0.12%	0.1%
	BKNG	C	0.27%	0.32%	0.27%
	BKR	B	0.07%	0.08%	0.07%
	BLDR	B	0.04%	0.05%	0.04%
	BLK	A	0.25%	0.29%	0.25%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	C	1.61%	1.88%	1.61%
	BRO	A	0.05%	0.06%	0.05%
	BSX	A	0.24%	0.26%	0.24%
	BWA	C	0.02%	0.02%	0.02%
	BX	C	0.21%	0.24%	0.21%
	BXP	C	0.02%	0.03%	0.02%
	C	C	0.23%	0.27%	0.23%
	CAG	D	0.03%	0.03%	0.03%
	CAH	B	0.05%	0.06%	0.05%
	CARR	B	0.13%	0.14%	0.13%
	CAT	A	0.36%	0.43%	0.36%
	CB	B	0.21%	0.26%	0.21%
	CBOE	B	0.04%	0.05%	0.04%
	CBRE	B	0.07%	0.08%	0.07%
	CCL	C	0.04%	0.04%	0.04%
	CDNS	D	0.14%	0.16%	0.14%
	CDW	D	0.06%	0.07%	0.06%
	CE	C	0.03%	0.03%	0.03%
	CEG	A	0.15%	0.19%	0.15%
	CF	A	0.03%	0.04%	0.03%
	CFG	D	0.04%	0.04%	0.04%
	CHD	D	0.05%	0.05%	0.05%
	CHRW	C	0.02%	0.03%	0.02%
	CHTR	D	0.06%	0.07%	0.06%
	CI	D	0.19%	0.22%	0.19%
	CINF	B	0.04%	0.05%	0.04%
	CL	D	0.16%	0.19%	0.16%
	CMCSA	C	0.31%	0.35%	0.31%
	CME	A	0.15%	0.17%	0.15%
	CMG	C	0.15%	0.18%	0.15%
	CMI	A	0.09%	0.1%	0.09%
	CMS	A	0.04%	0.04%	0.04%
	CNC	F	0.08%	0.09%	0.08%
	CNP	B	0.04%	0.04%	0.04%
	COF	C	0.11%	0.13%	0.11%
	COP	D	0.23%	0.3%	0.23%
	COST	C	0.75%	0.87%	0.75%
	CPAY	A	0.04%	0.05%	0.04%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	C	0.09%	0.11%	0.09%
	CPT	C	0.03%	0.03%	0.03%
	CRL	F	0.02%	0.02%	0.02%
	CRM	B	0.52%	0.59%	0.52%
	CRWD	D	0.13%	0.16%	0.13%
	CSCO	A	0.41%	0.48%	0.41%
	CSGP	F	0.06%	0.06%	0.06%
	CSX	D	0.13%	0.15%	0.13%
	CTAS	C	0.13%	0.15%	0.13%
	CTRA	D	0.03%	0.04%	0.03%
	CTSH	B	0.07%	0.08%	0.07%
	CTVA	A	0.08%	0.09%	0.08%
	CVS	C	0.15%	0.16%	0.15%
	CVX	B	0.48%	0.58%	0.48%
	CZR	B	0.02%	0.02%	0.02%
	D	A	0.09%	0.1%	0.09%
	DAL	C	0.06%	0.07%	0.06%
	DAY	B	0.02%	0.02%	0.02%
	DD	C	0.07%	0.08%	0.07%
	DE	B	0.21%	0.23%	0.21%
	DECK	B	0.05%	0.05%	0.05%
	DFS	C	0.07%	0.08%	0.07%
	DG	F	0.04%	0.04%	0.04%
	DGX	C	0.03%	0.04%	0.03%
	DHI	C	0.11%	0.12%	0.11%
	DHR	D	0.34%	0.38%	0.34%
	DIS	D	0.33%	0.38%	0.33%
	DLR	C	0.1%	0.11%	0.1%
	DLTR	F	0.03%	0.04%	0.03%
	DOC	C	0.03%	0.04%	0.03%
	DOV	B	0.05%	0.06%	0.05%
	DOW	B	0.07%	0.09%	0.07%
	DRI	C	0.04%	0.04%	0.04%
	DTE	A	0.05%	0.06%	0.05%
	DUK	B	0.17%	0.19%	0.17%
	DVA	C	0.01%	0.02%	0.01%
	DVN	F	0.05%	0.06%	0.05%
	EA	D	0.07%	0.08%	0.07%
	EBAY	A	0.06%	0.07%	0.06%
	ECL	B	0.12%	0.14%	0.12%
	ED	A	0.07%	0.08%	0.07%
	EFX	C	0.07%	0.08%	0.07%
	EG	B	0.03%	0.04%	0.03%
	EIX	B	0.06%	0.07%	0.06%
	ELV	F	0.23%	0.27%	0.23%
	EMN	C	0.03%	0.03%	0.03%
	EMR	B	0.12%	0.14%	0.12%
	EOG	B	0.13%	0.17%	0.13%
	EPAM	F	0.02%	0.02%	0.02%
	EQR	C	0.05%	0.06%	0.05%
	EQT	B	0.04%	0.05%	0.04%
	ES	D	0.05%	0.05%	0.05%
	ESS	D	0.04%	0.04%	0.04%
	ETN	C	0.25%	0.3%	0.25%
	ETR	A	0.05%	0.06%	0.05%
	EVRG	C	0.03%	0.03%	0.03%
	EW	F	0.08%	0.09%	0.08%
	EXC	A	0.08%	0.08%	0.08%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	C	0.07%	0.08%	0.07%
	F	D	0.08%	0.1%	0.08%
	FANG	C	0.06%	0.08%	0.06%
	FAST	C	0.08%	0.09%	0.08%
	FCX	B	0.14%	0.16%	0.14%
	FDS	C	0.03%	0.04%	0.03%
	FDX	F	0.12%	0.14%	0.12%
	FE	C	0.04%	0.05%	0.04%
	FFIV	B	0.02%	0.03%	0.02%
	FIS	B	0.09%	0.1%	0.09%
	FITB	C	0.06%	0.07%	0.06%
	FMC	C	0.02%	0.02%	0.02%
	FOXA	A	0.03%	0.03%	0.03%
	FRT	D	0.02%	0.02%	0.02%
	FSLR	C	0.05%	0.05%	0.05%
	FTNT	B	0.09%	0.11%	0.09%
	FTV	C	0.05%	0.06%	0.05%
	GD	C	0.15%	0.15%	0.15%
	GDDY	D	0.04%	0.05%	0.04%
	GE	C	0.39%	0.47%	0.39%
	GEHC	C	0.08%	0.08%	0.08%
	GEV	A	0.13%	0.15%	0.13%
	GILD	A	0.2%	0.22%	0.2%
	GIS	C	0.08%	0.09%	0.08%
	GL	C	0.02%	0.02%	0.02%
	GLW	C	0.07%	0.08%	0.07%
	GM	D	0.1%	0.13%	0.1%
	GNRC	B	0.02%	0.02%	0.02%
	GOOG	B	1.53%	4.13%	1.53%
	GPC	D	0.04%	0.04%	0.04%
	GPN	F	0.05%	0.05%	0.05%
	GRMN	D	0.05%	0.06%	0.05%
	GS	D	0.3%	0.37%	0.3%
	GWW	B	0.09%	0.1%	0.09%
	HAL	D	0.05%	0.06%	0.05%
	HBAN	D	0.04%	0.05%	0.04%
	HCA	C	0.14%	0.17%	0.14%
	HD	A	0.76%	0.85%	0.76%
	HES	C	0.07%	0.09%	0.07%
	HIG	B	0.07%	0.08%	0.07%
	HII	F	0.02%	0.02%	0.02%
	HOLX	D	0.04%	0.04%	0.04%
	HON	C	0.26%	0.3%	0.26%
	HPE	B	0.05%	0.07%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.02%	0.02%	0.02%
	HSIC	D	0.02%	0.02%	0.02%
	HST	D	0.02%	0.03%	0.02%
	HSY	F	0.05%	0.06%	0.05%
	HUBB	B	0.04%	0.05%	0.04%
	HUM	F	0.07%	0.09%	0.07%
	HWM	A	0.08%	0.09%	0.08%
	IBM	A	0.39%	0.43%	0.39%
	ICE	A	0.18%	0.2%	0.18%
	IDXX	D	0.08%	0.09%	0.08%
	IEX	D	0.03%	0.04%	0.03%
	IFF	C	0.05%	0.06%	0.05%
	INCY	B	0.02%	0.02%	0.02%
	INTC	D	0.2%	0.25%	0.2%
	INTU	F	0.33%	0.38%	0.33%
	INVH	F	0.04%	0.05%	0.04%
	IP	C	0.03%	0.04%	0.03%
	IPG	D	0.02%	0.03%	0.02%
	IQV	F	0.08%	0.1%	0.08%
	IR	B	0.08%	0.09%	0.08%
	ISRG	C	0.33%	0.38%	0.33%
	IT	B	0.08%	0.09%	0.08%
	ITW	B	0.14%	0.16%	0.14%
	IVZ	B	0.02%	0.02%	0.02%
	J	F	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	C	0.1%	0.11%	0.1%
	JKHY	A	0.02%	0.03%	0.02%
	JNJ	D	0.75%	0.85%	0.75%
	JNPR	B	0.02%	0.03%	0.02%
	JPM	D	1.15%	1.43%	1.15%
	K	A	0.04%	0.05%	0.04%
	KDP	C	0.08%	0.08%	0.08%
	KEY	C	0.03%	0.04%	0.03%
	KEYS	C	0.05%	0.06%	0.05%
	KHC	F	0.06%	0.06%	0.06%
	KIM	C	0.03%	0.03%	0.03%
	KKR	C	0.17%	0.2%	0.17%
	KLAC	B	0.2%	0.25%	0.2%
	KMB	D	0.09%	0.1%	0.09%
	KMI	A	0.08%	0.1%	0.08%
	KMX	F	0.02%	0.03%	0.02%
	KO	C	0.54%	0.62%	0.54%
	KR	C	0.07%	0.09%	0.07%
	KVUE	C	0.09%	0.09%	0.09%
	L	D	0.03%	0.03%	0.03%
	LDOS	A	0.04%	0.05%	0.04%
	LEN	B	0.09%	0.1%	0.09%
	LHX	A	0.09%	0.1%	0.09%
	LIN	B	0.44%	0.51%	0.44%
	LKQ	F	0.02%	0.02%	0.02%
	LLY	D	1.33%	1.68%	1.33%
	LMT	A	0.24%	0.27%	0.24%
	LNT	A	0.03%	0.03%	0.03%
	LRCX	D	0.21%	0.25%	0.21%
	LULU	D	0.06%	0.07%	0.06%
	LUV	B	0.03%	0.04%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	F	0.05%	0.06%	0.05%
	MA	A	0.78%	0.87%	0.78%
	MAA	D	0.04%	0.04%	0.04%
	MAS	A	0.04%	0.04%	0.04%
	MCHP	F	0.08%	0.1%	0.08%
	MCK	F	0.12%	0.15%	0.12%
	MCO	D	0.14%	0.17%	0.14%
	MDLZ	D	0.19%	0.21%	0.19%
	MDT	C	0.22%	0.25%	0.22%
	MET	B	0.09%	0.11%	0.09%
	META	A	2.38%	2.77%	2.38%
	MGM	C	0.02%	0.02%	0.02%
	MHK	B	0.02%	0.02%	0.02%
	MKC	C	0.04%	0.04%	0.04%
	MKTX	B	0.02%	0.02%	0.02%
	MLM	F	0.06%	0.08%	0.06%
	MMC	D	0.21%	0.24%	0.21%
	MMM	C	0.14%	0.17%	0.14%
	MNST	D	0.07%	0.08%	0.07%
	MO	D	0.17%	0.19%	0.17%
	MOH	D	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	C	0.11%	0.14%	0.11%
	MPWR	B	0.09%	0.1%	0.09%
	MRK	F	0.55%	0.65%	0.55%
	MRNA	F	0.04%	0.05%	0.04%
	MRO	C	0.03%	0.04%	0.03%
	MS	B	0.25%	0.3%	0.25%
	MSFT	D	6.12%	6.9%	6.12%
	MSI	A	0.14%	0.17%	0.14%
	MTB	C	0.06%	0.07%	0.06%
	MU	D	0.23%	0.25%	0.23%
	NCLH	C	0.02%	0.02%	0.02%
	NDAQ	B	0.06%	0.07%	0.06%
	NEE	A	0.33%	0.37%	0.33%
	NFLX	B	0.58%	0.7%	0.58%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.21%	0.25%	0.21%
	NOC	B	0.14%	0.16%	0.14%
	NOW	C	0.35%	0.39%	0.35%
	NRG	A	0.04%	0.04%	0.04%
	NSC	D	0.11%	0.12%	0.11%
	NTAP	D	0.05%	0.06%	0.05%
	NTRS	C	0.03%	0.04%	0.03%
	NUE	C	0.07%	0.09%	0.07%
	NVDA	B	5.74%	6.76%	5.74%
	NVR	B	0.06%	0.07%	0.06%
	NWSA	D	0.03%	0.03%	0.03%
	NXPI	F	0.12%	0.14%	0.12%
	O	A	0.1%	0.12%	0.1%
	ODFL	F	0.07%	0.08%	0.07%
	OKE	A	0.1%	0.12%	0.1%
	OMC	C	0.04%	0.04%	0.04%
	ON	F	0.06%	0.07%	0.06%
	OXY	D	0.07%	0.08%	0.07%
	PANW	D	0.21%	0.25%	0.21%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	A	0.08%	0.09%	0.08%
	PCAR	C	0.1%	0.11%	0.1%
	PCG	C	0.08%	0.09%	0.08%
	PEG	A	0.08%	0.09%	0.08%
	PEP	F	0.45%	0.5%	0.45%
	PFG	C	0.04%	0.04%	0.04%
	PG	D	0.79%	0.87%	0.79%
	PGR	C	0.28%	0.33%	0.28%
	PH	B	0.16%	0.18%	0.16%
	PHM	A	0.06%	0.06%	0.06%
	PKG	B	0.04%	0.04%	0.04%
	PLD	D	0.22%	0.25%	0.22%
	PM	D	0.36%	0.41%	0.36%
	PNC	C	0.14%	0.16%	0.14%
	PNR	B	0.03%	0.04%	0.03%
	PNW	B	0.02%	0.02%	0.02%
	POOL	B	0.03%	0.03%	0.03%
	PPG	D	0.06%	0.07%	0.06%
	PPL	B	0.05%	0.05%	0.05%
	PRU	C	0.08%	0.1%	0.08%
	PSA	C	0.11%	0.12%	0.11%
	PSX	D	0.11%	0.13%	0.11%
	PTC	D	0.04%	0.05%	0.04%
	PWR	B	0.08%	0.1%	0.08%
	PYPL	C	0.15%	0.18%	0.15%
	QCOM	C	0.36%	0.43%	0.36%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	C	0.08%	0.09%	0.08%
	REG	C	0.02%	0.03%	0.02%
	REGN	D	0.21%	0.25%	0.21%
	RF	C	0.04%	0.05%	0.04%
	RJF	B	0.04%	0.05%	0.04%
	RMD	C	0.07%	0.07%	0.07%
	ROK	C	0.06%	0.07%	0.06%
	ROL	C	0.03%	0.03%	0.03%
	ROP	C	0.11%	0.13%	0.11%
	ROST	D	0.1%	0.11%	0.1%
	RSG	C	0.08%	0.09%	0.08%
	RTX	A	0.31%	0.36%	0.31%
	SCHW	D	0.18%	0.21%	0.18%
	SHW	C	0.17%	0.19%	0.17%
	SLB	D	0.12%	0.14%	0.12%
	SMCI	F	0.04%	0.05%	0.04%
	SNA	A	0.03%	0.03%	0.03%
	SNPS	F	0.15%	0.18%	0.15%
	SO	A	0.19%	0.21%	0.19%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	A	0.1%	0.12%	0.1%
	SPGI	B	0.32%	0.36%	0.32%
	SRE	B	0.1%	0.12%	0.1%
	STE	D	0.05%	0.05%	0.05%
	STLD	B	0.03%	0.04%	0.03%
	STT	C	0.05%	0.06%	0.05%
	STZ	D	0.08%	0.09%	0.08%
	SW	C	0.05%	0.06%	0.05%
	SWK	C	0.03%	0.04%	0.03%
	SWKS	F	0.03%	0.04%	0.03%
	SYF	B	0.04%	0.05%	0.04%
	SYK	C	0.24%	0.26%	0.24%
	SYY	D	0.07%	0.09%	0.07%
	T	A	0.3%	0.31%	0.3%
	TAP	D	0.02%	0.02%	0.02%
	TDY	A	0.04%	0.05%	0.04%
	TEL	D	0.09%	0.1%	0.09%
	TER	C	0.04%	0.05%	0.04%
	TFC	D	0.11%	0.13%	0.11%
	TFX	C	0.02%	0.03%	0.02%
	TGT	D	0.14%	0.16%	0.14%
	TJX	D	0.26%	0.29%	0.26%
	TMO	D	0.45%	0.5%	0.45%
	TMUS	A	0.19%	0.23%	0.19%
	TPR	C	0.02%	0.02%	0.02%
	TRGP	A	0.06%	0.08%	0.06%
	TROW	D	0.05%	0.05%	0.05%
	TRV	C	0.1%	0.12%	0.1%
	TSCO	B	0.06%	0.06%	0.06%
	TSN	D	0.03%	0.04%	0.03%
	TT	A	0.17%	0.2%	0.17%
	TTWO	F	0.05%	0.06%	0.05%
	TXN	C	0.37%	0.43%	0.37%
	TXT	F	0.03%	0.04%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UAL	B	0.04%	0.04%	0.04%
	UBER	C	0.31%	0.37%	0.31%
	UDR	C	0.03%	0.03%	0.03%
	UHS	D	0.03%	0.03%	0.03%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	B	1.03%	1.16%	1.03%
	UNP	D	0.29%	0.34%	0.29%
	UPS	D	0.19%	0.21%	0.19%
	URI	C	0.1%	0.12%	0.1%
	USB	D	0.14%	0.16%	0.14%
	V	C	0.88%	0.9%	0.88%
	VICI	C	0.07%	0.07%	0.07%
	VLO	D	0.08%	0.1%	0.08%
	VLTO	A	0.05%	0.05%	0.05%
	VMC	D	0.06%	0.08%	0.06%
	VRSK	C	0.07%	0.08%	0.07%
	VRTX	D	0.23%	0.27%	0.23%
	VST	B	0.08%	0.09%	0.08%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	D	0.03%	0.03%	0.03%
	VZ	B	0.36%	0.39%	0.36%
	WAB	B	0.06%	0.07%	0.06%
	WAT	B	0.04%	0.05%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.04%	0.05%	0.04%
	WDC	C	0.04%	0.05%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	C	0.14%	0.16%	0.14%
	WFC	F	0.37%	0.44%	0.37%
	WM	B	0.14%	0.17%	0.14%
	WMB	A	0.11%	0.12%	0.11%
	WMT	A	0.67%	0.74%	0.67%
	WRB	C	0.03%	0.04%	0.03%
	WST	D	0.04%	0.05%	0.04%
	WTW	C	0.06%	0.07%	0.06%
	WY	C	0.05%	0.05%	0.05%
	XEL	B	0.07%	0.07%	0.07%
	XOM	A	0.99%	1.21%	0.99%
	XYL	C	0.06%	0.07%	0.06%
	ZBH	F	0.04%	0.05%	0.04%
	ZBRA	C	0.04%	0.04%	0.04%
	ZTS	C	0.17%	0.18%	0.17%

SCHX Overweight 287 Positions Relative to QVML

	Symbol	Grade	Weight
	GOOGL	B	1.85%
	TSLA	C	1.39%
	ORCL	C	0.52%
	MCD	A	0.42%
	AMGN	D	0.33%
	PFE	D	0.32%
	LOW	A	0.29%
	AMT	C	0.21%
	SBUX	C	0.21%
	FI	A	0.2%
	BMY	B	0.2%
	BA	F	0.18%
	EQIX	C	0.16%
	TDG	B	0.15%
	PLTR	A	0.14%
	ORLY	A	0.13%
	APD	C	0.13%
	MRVL	B	0.12%
	NEM	C	0.12%
	APO	B	0.11%
	HLT	B	0.11%
	MAR	B	0.11%
	CCI	C	0.1%
	WDAY	D	0.1%
	MSCI	B	0.09%
	DASH	B	0.09%
	FICO	A	0.09%
	TTD	A	0.09%
	YUM	B	0.08%
	LNG	A	0.08%
	OTIS	A	0.08%
	FLUT	C	0.08%
	IRM	A	0.07%
	DELL	C	0.07%
	ALNY	C	0.07%
	DDOG	C	0.07%
	VRT	B	0.07%
	SQ	D	0.07%
	SNOW	F	0.07%
	COIN	F	0.07%
	ARES	A	0.06%
	MSTR	B	0.06%
	VEEV	C	0.06%
	MTD	B	0.06%
	NET	D	0.05%
	HEI	C	0.05%
	SBAC	C	0.05%
	TEAM	D	0.05%
	DXCM	F	0.05%
	APP	A	0.05%
	HUBS	D	0.05%
	BIIB	F	0.05%
	ZM	C	0.04%
	CVNA	A	0.04%
	PINS	C	0.04%
	LII	C	0.04%
	DKNG	D	0.04%
	MDB	D	0.04%
	WSM	B	0.04%
	EME	C	0.04%
	TRU	A	0.04%
	CLX	C	0.04%
	MKL	C	0.04%
	CSL	A	0.04%
	ILMN	B	0.04%
	BAH	A	0.04%
	FCNCA	D	0.04%
	STX	B	0.04%
	EL	D	0.04%
	RBLX	D	0.04%
	FND	C	0.03%
	ELS	D	0.03%
	FLEX	C	0.03%
	Z	C	0.03%
	EQH	C	0.03%
	ERIE	B	0.03%
	BMRN	F	0.03%
	COHR	A	0.03%
	CASY	D	0.03%
	WPC	C	0.03%
	ACM	A	0.03%
	FIX	B	0.03%
	GLPI	A	0.03%
	RNR	A	0.03%
	TW	A	0.03%
	NDSN	C	0.03%
	RGA	C	0.03%
	AES	C	0.03%
	NTNX	C	0.03%
	GWRE	A	0.03%
	RBA	D	0.03%
	USFD	C	0.03%
	GGG	C	0.03%
	IBKR	A	0.03%
	TRMB	B	0.03%
	DPZ	D	0.03%
	OC	C	0.03%
	PSTG	F	0.03%
	NTRA	B	0.03%
	THC	D	0.03%
	ENPH	F	0.03%
	DT	B	0.03%
	RPM	B	0.03%
	SSNC	C	0.03%
	FNF	B	0.03%
	TOL	A	0.03%
	RS	D	0.03%
	UTHR	C	0.03%
	SUI	D	0.03%
	VRSN	B	0.03%
	ZS	F	0.03%
	PODD	C	0.03%
	TPL	A	0.03%
	BURL	D	0.03%
	HOOD	C	0.03%
	LYV	B	0.03%
	WSO	C	0.03%
	MANH	C	0.03%
	LPLA	C	0.03%
	ENTG	D	0.03%
	AVTR	D	0.03%
	LVS	B	0.03%
	CMA	C	0.02%
	WBS	D	0.02%
	BSY	D	0.02%
	UHAL	B	0.02%
	BERY	C	0.02%
	OGE	A	0.02%
	AXTA	C	0.02%
	CHRD	F	0.02%
	APG	F	0.02%
	LNW	F	0.02%
	AGNC	C	0.02%
	TKO	A	0.02%
	FHN	D	0.02%
	AYI	A	0.02%
	MEDP	F	0.02%
	ORI	B	0.02%
	RIVN	F	0.02%
	LAD	C	0.02%
	AR	B	0.02%
	PR	D	0.02%
	SOFI	C	0.02%
	MORN	C	0.02%
	KBR	B	0.02%
	WEX	C	0.02%
	KNX	D	0.02%
	GME	D	0.02%
	CNM	F	0.02%
	NNN	A	0.02%
	CIEN	A	0.02%
	CHE	C	0.02%
	DCI	C	0.02%
	TTC	D	0.02%
	WYNN	B	0.02%
	SNX	D	0.02%
	EGP	D	0.02%
	OLED	C	0.02%
	CG	B	0.02%
	MUSA	D	0.02%
	CHK	D	0.02%
	RGLD	C	0.02%
	HAS	B	0.02%
	WAL	C	0.02%
	ROKU	B	0.02%
	TPX	C	0.02%
	ALLY	F	0.02%
	EHC	B	0.02%
	WTRG	D	0.02%
	MTCH	B	0.02%
	AFG	B	0.02%
	CHDN	D	0.02%
	OWL	A	0.02%
	LBRDK	B	0.02%
	JEF	A	0.02%
	CNH	D	0.02%
	UNM	A	0.02%
	AA	B	0.02%
	OVV	D	0.02%
	KNSL	C	0.02%
	ARMK	B	0.02%
	WWD	C	0.02%
	TWLO	B	0.02%
	OHI	C	0.02%
	ONTO	C	0.02%
	ATR	A	0.02%
	SFM	A	0.02%
	FTI	B	0.02%
	RPRX	D	0.02%
	BJ	C	0.02%
	CTLT	A	0.02%
	REXR	D	0.02%
	LECO	F	0.02%
	RRX	C	0.02%
	CACI	A	0.02%
	WMS	D	0.02%
	ALB	D	0.02%
	SCI	D	0.02%
	TOST	B	0.02%
	CCK	C	0.02%
	EWBC	D	0.02%
	SNAP	D	0.02%
	TXRH	C	0.02%
	SAIA	D	0.02%
	LAMR	C	0.02%
	NBIX	F	0.02%
	NVT	D	0.02%
	SRPT	F	0.02%
	OKTA	F	0.02%
	CLH	C	0.02%
	WING	C	0.02%
	CUBE	C	0.02%
	AMH	D	0.02%
	PFGC	A	0.02%
	DKS	D	0.02%
	EXAS	C	0.02%
	ITT	C	0.02%
	BLD	D	0.02%
	INSM	D	0.02%
	TECH	D	0.02%
	TTEK	A	0.02%
	CW	A	0.02%
	DOCU	B	0.02%
	JLL	C	0.02%
	SJM	D	0.02%
	XPO	F	0.02%
	PAG	D	0.01%
	LCID	D	0.01%
	COTY	F	0.01%
	PSN	A	0.01%
	WLK	C	0.01%
	CELH	F	0.01%
	POST	D	0.01%
	ST	F	0.01%
	PATH	F	0.01%
	CLF	F	0.01%
	MASI	B	0.01%
	DAR	F	0.01%
	AGCO	D	0.01%
	WH	C	0.01%
	NOV	F	0.01%
	G	A	0.01%
	BIO	B	0.01%
	LEA	F	0.01%
	ETSY	F	0.01%
	ESTC	F	0.01%
	U	D	0.01%
	VFC	B	0.01%
	PCOR	D	0.01%
	STWD	C	0.01%
	JAZZ	F	0.01%
	RHI	D	0.01%
	SEIC	B	0.01%
	MTN	D	0.01%
	ZION	D	0.01%
	ALV	F	0.01%
	CGNX	F	0.01%
	PCTY	B	0.01%
	CRBG	B	0.01%
	ELAN	C	0.01%
	ARW	C	0.01%
	CBSH	D	0.01%
	CFR	D	0.01%
	WSC	D	0.01%
	GNTX	D	0.01%
	DINO	D	0.01%
	TREX	D	0.01%
	PEN	D	0.01%
	RRC	B	0.01%
	LSCC	D	0.01%
	COLD	D	0.01%
	ACI	F	0.01%
	WCC	D	0.01%
	COKE	C	0.01%
	MIDD	D	0.01%
	AAL	D	0.01%
	RGEN	F	0.01%
	VOYA	A	0.01%
	BRKR	D	0.01%
	UI	A	0.0%
	CNA	D	0.0%
	REYN	D	0.0%
	PPC	D	0.0%
	RCM	B	0.0%
	ADTN	C	0.0%
	BOKF	D	0.0%
	AGR	B	0.0%

SCHX Underweight 1 Positions Relative to QVML

	Symbol	Grade	Weight
	RL	B	-0.02%

SCHX: Top Represented Industries & Keywords

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

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

QVML: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Asset Management Oil & Gas E&P Banks - Regional - US Capital Markets Diagnostics & Research Medical Instruments & Supplies Packaged Foods Aerospace & Defense Credit Services Health Care Plans Information Technology Services Insurance - Property & Casualty Medical Devices REIT - Residential Specialty Retail

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