SPXE vs. QWLD ETF Comparison

Comparison of ProShares S&P 500 Ex-Energy ETF (SPXE) to SPDR MSCI World Quality Mix ETF (QWLD)

SPXE

ProShares S&P 500 Ex-Energy ETF

SPXE Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Energy Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Energy Sector.

Grade (RS Rating)

Last Trade

$64.07

Average Daily Volume

1,305

Number of Holdings ^*

477

* 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

$128.07

Average Daily Volume

3,476

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	SPXE	QWLD
30 Days	1.65%	-0.47%
60 Days	4.42%	0.20%
90 Days	5.98%	0.50%
12 Months	32.96%	22.20%

462 Overlapping Holdings

	Symbol	Grade	Weight in SPXE	Weight in QWLD	Overlap
	A	D	0.08%	0.06%	0.06%
	AAPL	C	7.2%	2.57%	2.57%
	ABBV	F	0.61%	0.16%	0.16%
	ABBV	F	0.61%	0.34%	0.34%
	ABNB	C	0.12%	0.01%	0.01%
	ABT	B	0.42%	0.09%	0.09%
	ACGL	C	0.08%	0.26%	0.08%
	ACN	B	0.46%	0.65%	0.46%
	ADBE	C	0.46%	0.42%	0.42%
	ADI	D	0.22%	0.04%	0.04%
	ADM	D	0.05%	0.05%	0.05%
	ADP	A	0.25%	0.26%	0.25%
	ADSK	A	0.13%	0.1%	0.1%
	AEE	A	0.05%	0.09%	0.05%
	AEP	C	0.11%	0.07%	0.07%
	AES	F	0.02%	0.01%	0.01%
	AFL	B	0.12%	0.12%	0.12%
	AIG	B	0.1%	0.07%	0.07%
	AIZ	A	0.02%	0.08%	0.02%
	AJG	A	0.13%	0.19%	0.13%
	AKAM	D	0.03%	0.11%	0.03%
	ALB	B	0.03%	0.01%	0.01%
	ALGN	D	0.03%	0.0%	0.0%
	ALL	A	0.11%	0.08%	0.08%
	ALLE	C	0.02%	0.02%	0.02%
	AMAT	F	0.29%	0.29%	0.29%
	AMCR	C	0.03%	0.08%	0.03%
	AMD	F	0.47%	0.03%	0.03%
	AME	A	0.09%	0.01%	0.01%
	AMGN	F	0.31%	0.16%	0.16%
	AMP	A	0.11%	0.09%	0.09%
	AMT	C	0.19%	0.02%	0.02%
	AMZN	C	3.91%	0.37%	0.37%
	ANET	C	0.2%	0.19%	0.19%
	ANSS	B	0.06%	0.0%	0.0%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APD	A	0.15%	0.03%	0.03%
	APH	A	0.17%	0.43%	0.17%
	APTV	F	0.03%	0.01%	0.01%
	ARE	F	0.03%	0.01%	0.01%
	ATO	A	0.05%	0.01%	0.01%
	AVB	B	0.07%	0.01%	0.01%
	AVGO	D	1.6%	0.11%	0.11%
	AVY	F	0.03%	0.03%	0.03%
	AWK	C	0.06%	0.01%	0.01%
	AXON	A	0.09%	0.0%	0.0%
	AXP	A	0.33%	0.06%	0.06%
	AZO	C	0.11%	0.28%	0.11%
	BA	F	0.22%	0.01%	0.01%
	BAC	A	0.66%	0.39%	0.39%
	BALL	F	0.04%	0.01%	0.01%
	BAX	F	0.04%	0.01%	0.01%
	BBY	D	0.04%	0.06%	0.04%
	BDX	F	0.13%	0.07%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BIIB	F	0.05%	0.01%	0.01%
	BK	A	0.12%	0.05%	0.05%
	BKNG	A	0.35%	0.03%	0.03%
	BLDR	D	0.04%	0.05%	0.04%
	BLK	B	0.3%	0.25%	0.25%
	BMY	B	0.24%	0.21%	0.21%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.8%	0.73%	0.73%
	BRO	B	0.05%	0.14%	0.05%
	BSX	A	0.28%	0.02%	0.02%
	BX	A	0.27%	0.03%	0.03%
	BXP	C	0.02%	0.01%	0.01%
	C	A	0.27%	0.25%	0.25%
	CAG	F	0.03%	0.04%	0.03%
	CAH	B	0.06%	0.13%	0.06%
	CARR	C	0.13%	0.02%	0.02%
	CAT	B	0.39%	0.36%	0.36%
	CB	C	0.22%	0.4%	0.22%
	CBOE	C	0.04%	0.24%	0.04%
	CBRE	B	0.08%	0.03%	0.03%
	CCI	C	0.09%	0.01%	0.01%
	CCL	A	0.05%	0.01%	0.01%
	CDNS	B	0.17%	0.13%	0.13%
	CDW	F	0.05%	0.07%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	C	0.15%	0.02%	0.02%
	CF	A	0.03%	0.13%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	A	0.06%	0.19%	0.06%
	CHRW	B	0.03%	0.01%	0.01%
	CHTR	C	0.08%	0.05%	0.05%
	CI	D	0.19%	0.18%	0.18%
	CINF	A	0.05%	0.02%	0.02%
	CL	D	0.16%	0.2%	0.16%
	CLX	A	0.04%	0.01%	0.01%
	CMCSA	B	0.35%	0.17%	0.17%
	CME	B	0.17%	0.16%	0.16%
	CMG	B	0.17%	0.14%	0.14%
	CMI	A	0.1%	0.1%	0.1%
	CMS	C	0.04%	0.05%	0.04%
	CNC	D	0.06%	0.05%	0.05%
	CNP	A	0.04%	0.01%	0.01%
	COF	C	0.14%	0.1%	0.1%
	COR	B	0.09%	0.41%	0.09%
	COST	A	0.85%	0.76%	0.76%
	CPAY	A	0.05%	0.01%	0.01%
	CPB	D	0.02%	0.09%	0.02%
	CPRT	B	0.1%	0.08%	0.08%
	CPT	B	0.03%	0.01%	0.01%
	CRL	D	0.02%	0.0%	0.0%
	CRM	B	0.65%	0.06%	0.06%
	CRWD	B	0.16%	0.0%	0.0%
	CSCO	B	0.48%	1.03%	0.48%
	CSGP	D	0.06%	0.0%	0.0%
	CSX	C	0.14%	0.11%	0.11%
	CTAS	B	0.15%	0.14%	0.14%
	CTLT	C	0.02%	0.01%	0.01%
	CTSH	B	0.08%	0.2%	0.08%
	CTVA	C	0.08%	0.04%	0.04%
	CVS	D	0.15%	0.16%	0.15%
	D	C	0.1%	0.06%	0.06%
	DAL	B	0.08%	0.01%	0.01%
	DAY	B	0.02%	0.0%	0.0%
	DD	C	0.07%	0.02%	0.02%
	DE	B	0.22%	0.06%	0.06%
	DECK	A	0.06%	0.05%	0.05%
	DELL	B	0.08%	0.01%	0.01%
	DFS	B	0.09%	0.04%	0.04%
	DG	F	0.04%	0.01%	0.01%
	DGX	A	0.04%	0.11%	0.04%
	DHI	F	0.1%	0.1%	0.1%
	DHR	F	0.31%	0.05%	0.05%
	DIS	B	0.43%	0.1%	0.1%
	DLR	B	0.12%	0.02%	0.02%
	DLTR	F	0.03%	0.01%	0.01%
	DOC	C	0.03%	0.01%	0.01%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.06%	0.03%	0.03%
	DPZ	C	0.03%	0.06%	0.03%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.05%	0.02%	0.02%
	DUK	C	0.18%	0.36%	0.18%
	DVA	C	0.02%	0.01%	0.01%
	DXCM	C	0.06%	0.0%	0.0%
	EA	A	0.08%	0.2%	0.08%
	EBAY	D	0.06%	0.01%	0.01%
	ECL	D	0.13%	0.01%	0.01%
	ED	C	0.07%	0.35%	0.07%
	EFX	F	0.06%	0.01%	0.01%
	EG	C	0.03%	0.06%	0.03%
	EIX	B	0.07%	0.03%	0.03%
	EL	F	0.03%	0.01%	0.01%
	ELV	F	0.19%	0.21%	0.19%
	EMN	C	0.02%	0.01%	0.01%
	EMR	B	0.15%	0.03%	0.03%
	ENPH	F	0.02%	0.01%	0.01%
	EPAM	B	0.03%	0.02%	0.02%
	EQIX	A	0.18%	0.02%	0.02%
	EQR	C	0.05%	0.01%	0.01%
	ERIE	D	0.02%	0.12%	0.02%
	ES	C	0.05%	0.01%	0.01%
	ESS	B	0.04%	0.01%	0.01%
	ETN	A	0.29%	0.03%	0.03%
	ETR	B	0.07%	0.03%	0.03%
	EVRG	A	0.03%	0.01%	0.01%
	EW	C	0.09%	0.07%	0.07%
	EXC	C	0.08%	0.03%	0.03%
	EXPD	C	0.03%	0.04%	0.03%
	EXPE	B	0.05%	0.01%	0.01%
	EXR	C	0.07%	0.01%	0.01%
	F	C	0.09%	0.09%	0.09%
	FAST	B	0.1%	0.09%	0.09%
	FCX	F	0.13%	0.02%	0.02%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.14%	0.07%	0.07%
	FE	C	0.04%	0.01%	0.01%
	FFIV	B	0.03%	0.16%	0.03%
	FI	A	0.25%	0.09%	0.09%
	FICO	B	0.11%	0.05%	0.05%
	FIS	C	0.1%	0.02%	0.02%
	FITB	B	0.07%	0.03%	0.03%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.01%	0.01%
	FSLR	F	0.04%	0.01%	0.01%
	FTNT	C	0.12%	0.01%	0.01%
	FTV	C	0.05%	0.01%	0.01%
	GD	D	0.15%	0.18%	0.15%
	GDDY	A	0.05%	0.25%	0.05%
	GE	D	0.4%	0.31%	0.31%
	GEHC	D	0.08%	0.02%	0.02%
	GEN	B	0.03%	0.12%	0.03%
	GEV	B	0.19%	0.02%	0.02%
	GILD	C	0.23%	0.24%	0.23%
	GIS	D	0.07%	0.33%	0.07%
	GLW	B	0.07%	0.02%	0.02%
	GM	C	0.13%	0.19%	0.13%
	GOOG	C	1.76%	0.94%	0.94%
	GOOGL	C	2.13%	1.07%	1.07%
	GPC	D	0.04%	0.05%	0.04%
	GPN	B	0.06%	0.02%	0.02%
	GRMN	B	0.07%	0.05%	0.05%
	GS	A	0.39%	0.17%	0.17%
	GWW	B	0.11%	0.11%	0.11%
	HBAN	A	0.05%	0.03%	0.03%
	HCA	F	0.13%	0.04%	0.04%
	HD	B	0.84%	0.15%	0.15%
	HIG	B	0.07%	0.03%	0.03%
	HII	F	0.02%	0.01%	0.01%
	HLT	A	0.13%	0.01%	0.01%
	HOLX	D	0.04%	0.01%	0.01%
	HON	C	0.31%	0.26%	0.26%
	HPE	B	0.06%	0.04%	0.04%
	HPQ	B	0.08%	0.04%	0.04%
	HRL	D	0.02%	0.09%	0.02%
	HSIC	C	0.02%	0.01%	0.01%
	HST	C	0.03%	0.01%	0.01%
	HSY	F	0.05%	0.16%	0.05%
	HUBB	B	0.05%	0.04%	0.04%
	HUM	C	0.07%	0.15%	0.07%
	HWM	A	0.1%	0.01%	0.01%
	IBM	C	0.4%	0.46%	0.4%
	ICE	C	0.19%	0.03%	0.03%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	C	0.03%	0.03%	0.03%
	IFF	D	0.05%	0.01%	0.01%
	INCY	C	0.03%	0.15%	0.03%
	INTC	C	0.22%	0.1%	0.1%
	INTU	B	0.39%	0.27%	0.27%
	INVH	D	0.04%	0.01%	0.01%
	IP	A	0.04%	0.02%	0.02%
	IPG	D	0.02%	0.02%	0.02%
	IQV	F	0.07%	0.01%	0.01%
	IR	B	0.09%	0.01%	0.01%
	IRM	C	0.07%	0.01%	0.01%
	ISRG	A	0.39%	0.25%	0.25%
	IT	C	0.08%	0.03%	0.03%
	ITW	B	0.15%	0.13%	0.13%
	J	D	0.04%	0.01%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.02%	0.02%
	JCI	B	0.12%	0.03%	0.03%
	JKHY	D	0.03%	0.07%	0.03%
	JNJ	C	0.77%	1.1%	0.77%
	JNPR	D	0.02%	0.12%	0.02%
	JPM	A	1.45%	0.6%	0.6%
	K	A	0.05%	0.23%	0.05%
	KDP	F	0.07%	0.14%	0.07%
	KEY	B	0.04%	0.02%	0.02%
	KEYS	A	0.05%	0.17%	0.05%
	KHC	F	0.06%	0.2%	0.06%
	KIM	A	0.04%	0.01%	0.01%
	KKR	A	0.21%	0.02%	0.02%
	KLAC	F	0.17%	0.14%	0.14%
	KMB	C	0.1%	0.11%	0.1%
	KMX	B	0.03%	0.02%	0.02%
	KO	D	0.5%	0.56%	0.5%
	KR	B	0.08%	0.31%	0.08%
	KVUE	A	0.09%	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	B	0.04%	0.02%	0.02%
	LHX	C	0.1%	0.02%	0.02%
	LIN	C	0.45%	0.06%	0.06%
	LKQ	F	0.02%	0.01%	0.01%
	LLY	F	1.19%	1.14%	1.14%
	LMT	D	0.23%	0.42%	0.23%
	LNT	A	0.03%	0.03%	0.03%
	LOW	C	0.32%	0.07%	0.07%
	LRCX	F	0.19%	0.18%	0.18%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.04%	0.0%	0.0%
	LVS	B	0.04%	0.0%	0.0%
	LW	C	0.02%	0.0%	0.0%
	LYB	F	0.04%	0.03%	0.03%
	LYV	A	0.04%	0.0%	0.0%
	MA	B	0.89%	0.71%	0.71%
	MAA	B	0.04%	0.01%	0.01%
	MAR	A	0.14%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.43%	0.42%	0.42%
	MCHP	F	0.07%	0.06%	0.06%
	MCK	A	0.16%	0.58%	0.16%
	MCO	B	0.15%	0.13%	0.13%
	MDLZ	F	0.18%	0.14%	0.14%
	MDT	D	0.23%	0.06%	0.06%
	MET	A	0.1%	0.05%	0.05%
	META	D	2.52%	2.11%	2.11%
	MGM	D	0.02%	0.01%	0.01%
	MKC	C	0.04%	0.01%	0.01%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	C	0.07%	0.01%	0.01%
	MMC	B	0.23%	0.51%	0.23%
	MMM	D	0.15%	0.14%	0.14%
	MNST	C	0.08%	0.07%	0.07%
	MO	A	0.2%	0.04%	0.04%
	MOH	F	0.04%	0.06%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPWR	F	0.06%	0.04%	0.04%
	MRK	D	0.51%	0.42%	0.42%
	MRNA	F	0.03%	0.01%	0.01%
	MS	A	0.35%	0.12%	0.12%
	MSCI	C	0.1%	0.0%	0.0%
	MSFT	D	6.42%	2.3%	2.3%
	MSI	B	0.17%	0.65%	0.17%
	MTB	A	0.07%	0.05%	0.05%
	MTCH	D	0.02%	0.0%	0.0%
	MU	D	0.22%	0.04%	0.04%
	NDAQ	A	0.07%	0.01%	0.01%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	C	0.33%	0.06%	0.06%
	NEM	D	0.1%	0.04%	0.04%
	NFLX	A	0.75%	0.54%	0.54%
	NI	A	0.03%	0.01%	0.01%
	NKE	F	0.19%	0.17%	0.17%
	NOC	D	0.14%	0.32%	0.14%
	NOW	A	0.43%	0.01%	0.01%
	NRG	B	0.04%	0.02%	0.02%
	NSC	B	0.12%	0.03%	0.03%
	NTAP	C	0.05%	0.04%	0.04%
	NTRS	A	0.05%	0.02%	0.02%
	NUE	C	0.07%	0.04%	0.04%
	NVDA	B	7.16%	2.53%	2.53%
	NVR	D	0.06%	0.06%	0.06%
	NWSA	A	0.02%	0.01%	0.01%
	NXPI	D	0.12%	0.02%	0.02%
	O	C	0.1%	0.02%	0.02%
	ODFL	C	0.08%	0.08%	0.08%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.01%	0.01%
	ORCL	A	0.62%	0.25%	0.25%
	ORLY	B	0.15%	0.24%	0.15%
	OTIS	C	0.08%	0.01%	0.01%
	PANW	B	0.26%	0.18%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.1%	0.09%
	PCAR	B	0.12%	0.11%	0.11%
	PCG	A	0.09%	0.03%	0.03%
	PEG	A	0.09%	0.02%	0.02%
	PEP	F	0.45%	0.77%	0.45%
	PFE	F	0.29%	0.18%	0.18%
	PFG	D	0.04%	0.02%	0.02%
	PG	C	0.83%	0.95%	0.83%
	PGR	A	0.31%	0.35%	0.31%
	PH	A	0.18%	0.02%	0.02%
	PHM	D	0.06%	0.06%	0.06%
	PKG	A	0.04%	0.04%	0.04%
	PLD	F	0.22%	0.04%	0.04%
	PLTR	B	0.26%	0.0%	0.0%
	PM	B	0.43%	0.07%	0.07%
	PNC	B	0.17%	0.1%	0.1%
	PNR	A	0.04%	0.03%	0.03%
	PODD	C	0.04%	0.0%	0.0%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.01%	0.01%
	PPL	A	0.05%	0.01%	0.01%
	PRU	A	0.1%	0.05%	0.05%
	PSA	C	0.11%	0.09%	0.09%
	PTC	B	0.05%	0.08%	0.05%
	PWR	A	0.1%	0.01%	0.01%
	PYPL	B	0.18%	0.04%	0.04%
	QCOM	F	0.38%	0.32%	0.32%
	QRVO	F	0.01%	0.0%	0.0%
	RCL	A	0.11%	0.01%	0.01%
	REG	A	0.03%	0.01%	0.01%
	REGN	F	0.17%	0.31%	0.17%
	RF	A	0.05%	0.03%	0.03%
	RJF	A	0.06%	0.02%	0.02%
	RMD	C	0.07%	0.05%	0.05%
	ROK	C	0.07%	0.06%	0.06%
	ROL	B	0.03%	0.08%	0.03%
	ROP	B	0.12%	0.48%	0.12%
	ROST	D	0.1%	0.02%	0.02%
	RSG	A	0.09%	0.46%	0.09%
	RTX	D	0.33%	0.09%	0.09%
	RVTY	F	0.03%	0.01%	0.01%
	SBAC	D	0.05%	0.01%	0.01%
	SBUX	A	0.24%	0.04%	0.04%
	SCHW	B	0.25%	0.04%	0.04%
	SHW	B	0.18%	0.14%	0.14%
	SJM	D	0.02%	0.07%	0.02%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.17%	0.12%	0.12%
	SO	C	0.2%	0.46%	0.2%
	SOLV	D	0.02%	0.03%	0.02%
	SPG	A	0.12%	0.02%	0.02%
	SPGI	C	0.33%	0.04%	0.04%
	SRE	A	0.12%	0.04%	0.04%
	STE	D	0.04%	0.01%	0.01%
	STLD	B	0.04%	0.02%	0.02%
	STT	B	0.06%	0.03%	0.03%
	STX	C	0.04%	0.01%	0.01%
	STZ	D	0.08%	0.01%	0.01%
	SW	A	0.05%	0.03%	0.03%
	SWK	D	0.03%	0.01%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.04%	0.04%
	SYK	B	0.28%	0.03%	0.03%
	SYY	D	0.08%	0.03%	0.03%
	T	A	0.34%	0.39%	0.34%
	TAP	C	0.02%	0.01%	0.01%
	TDG	D	0.14%	0.01%	0.01%
	TDY	B	0.04%	0.06%	0.04%
	TECH	F	0.02%	0.0%	0.0%
	TER	F	0.04%	0.02%	0.02%
	TFC	A	0.13%	0.09%	0.09%
	TFX	F	0.02%	0.0%	0.0%
	TGT	F	0.15%	0.15%	0.15%
	TJX	A	0.28%	0.35%	0.28%
	TMO	F	0.4%	0.06%	0.06%
	TMUS	B	0.24%	0.76%	0.24%
	TRMB	B	0.04%	0.01%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.12%	0.3%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.95%	0.16%	0.16%
	TSN	B	0.04%	0.15%	0.04%
	TT	A	0.19%	0.15%	0.15%
	TTWO	A	0.06%	0.01%	0.01%
	TXN	C	0.39%	0.48%	0.39%
	TXT	D	0.03%	0.01%	0.01%
	TYL	B	0.05%	0.0%	0.0%
	UBER	F	0.3%	0.01%	0.01%
	UDR	B	0.03%	0.0%	0.0%
	UHS	D	0.02%	0.01%	0.01%
	ULTA	F	0.03%	0.06%	0.03%
	UNH	B	1.13%	1.35%	1.13%
	UNP	C	0.3%	0.26%	0.26%
	UPS	C	0.21%	0.07%	0.07%
	URI	C	0.11%	0.02%	0.02%
	USB	A	0.16%	0.09%	0.09%
	V	A	1.08%	1.21%	1.08%
	VICI	C	0.07%	0.02%	0.02%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.08%	0.01%	0.01%
	VRSK	A	0.08%	0.01%	0.01%
	VRSN	C	0.03%	0.14%	0.03%
	VRTX	D	0.25%	0.43%	0.25%
	VST	A	0.1%	0.01%	0.01%
	VTR	B	0.05%	0.01%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.37%	0.58%	0.37%
	WAB	B	0.07%	0.01%	0.01%
	WAT	C	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.04%	0.01%
	WBD	B	0.04%	0.07%	0.04%
	WDC	D	0.04%	0.01%	0.01%
	WEC	A	0.07%	0.2%	0.07%
	WELL	A	0.16%	0.02%	0.02%
	WFC	A	0.52%	0.28%	0.28%
	WM	B	0.17%	0.52%	0.17%
	WMT	A	0.76%	0.76%	0.76%
	WRB	A	0.04%	0.14%	0.04%
	WST	C	0.05%	0.04%	0.04%
	WTW	B	0.07%	0.07%	0.07%
	WY	F	0.05%	0.02%	0.02%
	WYNN	C	0.02%	0.0%	0.0%
	XEL	A	0.08%	0.09%	0.08%
	XYL	D	0.06%	0.01%	0.01%
	YUM	D	0.08%	0.15%	0.08%
	ZBH	C	0.05%	0.01%	0.01%
	ZBRA	B	0.04%	0.01%	0.01%
	ZTS	D	0.17%	0.15%	0.15%

SPXE Overweight 16 Positions Relative to QWLD

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

SPXE Underweight 148 Positions Relative to QWLD

	Symbol	Grade	Weight
	NVS	F	-0.79%
	XOM	B	-0.47%
	CVX	A	-0.33%
	UL	D	-0.27%
	WCN	A	-0.27%
	HSBH	B	-0.25%
	MFG	A	-0.24%
	WMB	A	-0.19%
	CHKP	C	-0.17%
	MPC	D	-0.17%
	TM	F	-0.15%
	UTHR	C	-0.15%
	BAH	F	-0.15%
	PSX	C	-0.14%
	MUFG	B	-0.14%
	MKL	A	-0.13%
	TD	D	-0.12%
	E	F	-0.12%
	NBIX	C	-0.11%
	BCS	A	-0.11%
	FCNCA	A	-0.11%
	DEO	F	-0.11%
	COP	C	-0.1%
	CNI	F	-0.1%
	SMFG	B	-0.1%
	FANG	C	-0.09%
	LYG	D	-0.09%
	VLO	C	-0.08%
	SONY	B	-0.08%
	STLA	F	-0.08%
	HMC	F	-0.07%
	BMRN	F	-0.07%
	TPL	A	-0.06%
	LNG	A	-0.06%
	EOG	A	-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%
	KMI	A	-0.04%
	WDAY	B	-0.04%
	TRGP	A	-0.04%
	EME	A	-0.04%
	DVN	F	-0.03%
	GGG	B	-0.03%
	SLB	C	-0.03%
	OKE	A	-0.03%
	CSL	C	-0.03%
	WSO	A	-0.03%
	OC	A	-0.03%
	OXY	D	-0.03%
	WSM	C	-0.03%
	ALLY	C	-0.02%
	HAL	C	-0.02%
	TTC	C	-0.02%
	ACI	C	-0.02%
	EQT	B	-0.02%
	SQ	A	-0.02%
	APO	B	-0.02%
	RS	B	-0.02%
	SEIC	B	-0.02%
	NMR	B	-0.02%
	OVV	B	-0.02%
	AER	A	-0.02%
	AFG	A	-0.02%
	CTRA	B	-0.02%
	MRO	B	-0.02%
	DKS	D	-0.02%
	BKR	A	-0.02%
	APA	D	-0.02%
	DASH	B	-0.01%
	WTRG	B	-0.01%
	RPRX	D	-0.01%
	MBAVU	C	-0.01%
	GLPI	C	-0.01%
	RPM	A	-0.01%
	TRU	D	-0.01%
	AVTR	F	-0.01%
	SUI	C	-0.01%
	BURL	B	-0.01%
	WPC	C	-0.01%
	TWLO	A	-0.01%
	CG	B	-0.01%
	COIN	C	-0.01%
	CCEP	C	-0.01%
	ACM	B	-0.01%
	ZM	C	-0.01%
	CHRD	D	-0.01%
	CCK	D	-0.01%
	AGCO	D	-0.01%
	SSNC	B	-0.01%
	WFG	C	-0.01%
	SE	A	-0.01%
	KNX	C	-0.01%
	BSY	F	-0.01%
	MRVL	B	-0.01%
	EQH	C	-0.01%
	FNF	B	-0.01%
	CRBG	B	-0.01%
	HES	B	-0.01%
	MELI	C	-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	D	-0.0%
	H	B	-0.0%
	PSTG	D	-0.0%
	FUTU	D	-0.0%
	HEI	A	-0.0%
	PINS	F	-0.0%
	DT	D	-0.0%
	SNOW	B	-0.0%
	DOCU	B	-0.0%
	EXAS	D	-0.0%
	GRAB	A	-0.0%
	ROKU	D	-0.0%
	OKTA	C	-0.0%
	MSTR	B	-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	A	-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	C	-0.0%
	BIO	C	-0.0%
	ILMN	C	-0.0%
	OTEX	F	-0.0%
	AMH	C	-0.0%
	UHAL	D	-0.0%
	ARES	A	-0.0%
	FBIN	D	-0.0%

SPXE: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

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

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