USPX vs. QUS ETF Comparison

Comparison of Franklin U.S. Equity Index ETF (USPX) to SPDR MSCI USA Quality Mix ETF (QUS)

USPX

Franklin U.S. Equity Index ETF

USPX Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Equity Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries that have favorable exposure to multiple investment style factors.

Grade (RS Rating)

Last Trade

$52.38

Average Daily Volume

42,046

Number of Holdings ^*

543

* 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

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

Performance

Period	USPX	QUS
30 Days	3.77%	2.25%
60 Days	5.00%	3.15%
90 Days	6.73%	4.45%
12 Months	33.32%	29.35%

534 Overlapping Holdings

	Symbol	Grade	Weight in USPX	Weight in QUS	Overlap
	A	D	0.07%	0.11%	0.07%
	AAPL	C	6.32%	3.24%	3.24%
	ABBV	D	0.57%	0.49%	0.49%
	ABNB	C	0.11%	0.02%	0.02%
	ABT	B	0.39%	0.16%	0.16%
	ACGL	D	0.08%	0.38%	0.08%
	ACI	C	0.02%	0.03%	0.02%
	ACN	C	0.44%	1.18%	0.44%
	ADBE	C	0.43%	0.71%	0.43%
	ADI	D	0.2%	0.14%	0.14%
	ADM	D	0.05%	0.08%	0.05%
	ADP	B	0.24%	0.54%	0.24%
	ADSK	A	0.13%	0.16%	0.13%
	AEE	A	0.05%	0.11%	0.05%
	AEP	D	0.1%	0.19%	0.1%
	AES	F	0.02%	0.01%	0.01%
	AFG	A	0.02%	0.15%	0.02%
	AFL	B	0.11%	0.22%	0.11%
	AIG	B	0.1%	0.12%	0.1%
	AJG	B	0.13%	0.46%	0.13%
	AKAM	D	0.03%	0.14%	0.03%
	ALB	C	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.01%	0.01%
	ALL	A	0.1%	0.06%	0.06%
	ALLE	D	0.02%	0.04%	0.02%
	ALNY	D	0.06%	0.07%	0.06%
	AMAT	F	0.28%	0.48%	0.28%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.43%	0.06%	0.06%
	AME	A	0.09%	0.02%	0.02%
	AMGN	D	0.3%	0.27%	0.27%
	AMP	A	0.11%	0.04%	0.04%
	AMT	D	0.18%	0.04%	0.04%
	AMZN	C	3.77%	0.69%	0.69%
	ANET	C	0.19%	0.39%	0.19%
	ANSS	B	0.05%	0.01%	0.01%
	AON	A	0.16%	0.21%	0.16%
	APA	D	0.02%	0.05%	0.02%
	APD	A	0.14%	0.05%	0.05%
	APH	A	0.16%	0.71%	0.16%
	APO	B	0.13%	0.03%	0.03%
	APTV	D	0.02%	0.02%	0.02%
	ARE	D	0.03%	0.02%	0.02%
	ARES	A	0.06%	0.01%	0.01%
	ATO	A	0.05%	0.04%	0.04%
	AVB	B	0.06%	0.02%	0.02%
	AVGO	D	1.48%	0.58%	0.58%
	AVTR	F	0.03%	0.01%	0.01%
	AVY	D	0.03%	0.01%	0.01%
	AWK	D	0.05%	0.02%	0.02%
	AXON	A	0.09%	0.0%	0.0%
	AXP	A	0.31%	0.11%	0.11%
	AZO	C	0.1%	0.36%	0.1%
	BA	F	0.2%	0.02%	0.02%
	BAC	A	0.62%	0.69%	0.62%
	BAH	F	0.03%	0.2%	0.03%
	BALL	D	0.04%	0.02%	0.02%
	BAX	D	0.03%	0.02%	0.02%
	BBY	D	0.03%	0.09%	0.03%
	BDX	F	0.13%	0.24%	0.13%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.02%	0.05%	0.02%
	BIIB	F	0.04%	0.02%	0.02%
	BK	A	0.12%	0.09%	0.09%
	BKNG	A	0.33%	0.04%	0.04%
	BKR	B	0.09%	0.04%	0.04%
	BLDR	D	0.04%	0.08%	0.04%
	BLK	C	0.31%	0.46%	0.31%
	BMRN	D	0.02%	0.08%	0.02%
	BMY	B	0.23%	0.34%	0.23%
	BR	A	0.05%	0.03%	0.03%
	BRK.A	B	1.67%	1.1%	1.1%
	BRO	B	0.05%	0.01%	0.01%
	BSX	B	0.25%	0.04%	0.04%
	BSY	D	0.01%	0.0%	0.0%
	BURL	A	0.03%	0.01%	0.01%
	BX	A	0.25%	0.05%	0.05%
	BXP	D	0.02%	0.01%	0.01%
	C	A	0.25%	0.45%	0.25%
	CAG	D	0.02%	0.02%	0.02%
	CAH	B	0.06%	0.12%	0.06%
	CARR	D	0.12%	0.04%	0.04%
	CAT	B	0.37%	0.63%	0.37%
	CB	C	0.21%	0.65%	0.21%
	CBRE	B	0.08%	0.05%	0.05%
	CCI	D	0.09%	0.03%	0.03%
	CCK	C	0.02%	0.02%	0.02%
	CCL	B	0.05%	0.01%	0.01%
	CDNS	B	0.16%	0.29%	0.16%
	CDW	F	0.05%	0.19%	0.05%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.14%	0.03%	0.03%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.07%	0.04%
	CG	A	0.02%	0.01%	0.01%
	CHD	B	0.05%	0.14%	0.05%
	CHTR	C	0.08%	0.09%	0.08%
	CI	F	0.18%	0.24%	0.18%
	CINF	A	0.05%	0.03%	0.03%
	CL	D	0.15%	0.17%	0.15%
	CLX	B	0.04%	0.01%	0.01%
	CMCSA	B	0.33%	0.42%	0.33%
	CME	A	0.16%	0.23%	0.16%
	CMG	B	0.16%	0.22%	0.16%
	CMI	A	0.1%	0.17%	0.1%
	CMS	C	0.04%	0.09%	0.04%
	CNC	D	0.06%	0.08%	0.06%
	CNH	C	0.02%	0.03%	0.02%
	CNP	B	0.04%	0.02%	0.02%
	COF	B	0.14%	0.17%	0.14%
	COIN	C	0.12%	0.01%	0.01%
	COP	C	0.26%	0.17%	0.17%
	COR	B	0.08%	0.35%	0.08%
	COST	B	0.79%	1.31%	0.79%
	CPAY	A	0.04%	0.02%	0.02%
	CPB	D	0.02%	0.12%	0.02%
	CPRT	A	0.1%	0.14%	0.1%
	CPT	B	0.02%	0.01%	0.01%
	CRBG	B	0.01%	0.02%	0.01%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.59%	0.12%	0.12%
	CRWD	B	0.16%	0.06%	0.06%
	CSCO	B	0.45%	1.34%	0.45%
	CSGP	D	0.06%	0.01%	0.01%
	CSX	B	0.13%	0.05%	0.05%
	CTAS	B	0.15%	0.23%	0.15%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.39%	0.08%
	CTVA	C	0.08%	0.16%	0.08%
	CVS	D	0.13%	0.29%	0.13%
	CVX	A	0.53%	0.55%	0.53%
	D	C	0.09%	0.14%	0.09%
	DAL	C	0.08%	0.01%	0.01%
	DASH	A	0.11%	0.01%	0.01%
	DAY	B	0.02%	0.0%	0.0%
	DD	D	0.07%	0.04%	0.04%
	DDOG	A	0.07%	0.0%	0.0%
	DE	A	0.2%	0.1%	0.1%
	DECK	A	0.05%	0.09%	0.05%
	DELL	C	0.07%	0.06%	0.06%
	DFS	B	0.09%	0.07%	0.07%
	DG	F	0.03%	0.02%	0.02%
	DGX	A	0.04%	0.06%	0.04%
	DHI	D	0.09%	0.19%	0.09%
	DHR	F	0.29%	0.09%	0.09%
	DIS	B	0.41%	0.17%	0.17%
	DLR	B	0.11%	0.04%	0.04%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	D	0.03%	0.01%	0.01%
	DOCU	A	0.03%	0.0%	0.0%
	DOV	A	0.05%	0.02%	0.02%
	DOW	F	0.06%	0.06%	0.06%
	DPZ	C	0.03%	0.07%	0.03%
	DRI	B	0.04%	0.02%	0.02%
	DT	C	0.03%	0.0%	0.0%
	DTE	C	0.05%	0.1%	0.05%
	DUK	C	0.17%	0.6%	0.17%
	DVN	F	0.05%	0.04%	0.04%
	DXCM	D	0.06%	0.0%	0.0%
	EA	A	0.08%	0.31%	0.08%
	EBAY	D	0.06%	0.02%	0.02%
	ECL	D	0.12%	0.02%	0.02%
	ED	D	0.06%	0.42%	0.06%
	EFX	F	0.06%	0.01%	0.01%
	EG	C	0.03%	0.18%	0.03%
	EIX	B	0.06%	0.04%	0.04%
	EL	F	0.03%	0.01%	0.01%
	ELS	C	0.02%	0.0%	0.0%
	ELV	F	0.18%	0.29%	0.18%
	EMN	D	0.02%	0.02%	0.02%
	EMR	A	0.14%	0.05%	0.05%
	ENPH	F	0.02%	0.02%	0.02%
	ENTG	D	0.03%	0.01%	0.01%
	EOG	A	0.15%	0.15%	0.15%
	EPAM	C	0.03%	0.04%	0.03%
	EQH	B	0.03%	0.02%	0.02%
	EQIX	A	0.17%	0.02%	0.02%
	EQR	B	0.05%	0.02%	0.02%
	EQT	B	0.05%	0.03%	0.03%
	ES	D	0.04%	0.03%	0.03%
	ESS	B	0.04%	0.01%	0.01%
	ETN	A	0.28%	0.05%	0.05%
	ETR	B	0.06%	0.05%	0.05%
	EVRG	A	0.03%	0.02%	0.02%
	EW	C	0.08%	0.12%	0.08%
	EXAS	D	0.02%	0.0%	0.0%
	EXC	C	0.08%	0.06%	0.06%
	EXPD	D	0.03%	0.06%	0.03%
	EXPE	B	0.04%	0.02%	0.02%
	EXR	D	0.07%	0.02%	0.02%
	F	C	0.08%	0.16%	0.08%
	FANG	D	0.06%	0.22%	0.06%
	FAST	B	0.09%	0.15%	0.09%
	FCNCA	A	0.06%	0.34%	0.06%
	FCX	D	0.12%	0.04%	0.04%
	FDS	B	0.04%	0.05%	0.04%
	FDX	B	0.13%	0.12%	0.12%
	FE	C	0.04%	0.02%	0.02%
	FFIV	B	0.03%	0.23%	0.03%
	FI	A	0.24%	0.31%	0.24%
	FICO	B	0.11%	0.2%	0.11%
	FIS	C	0.1%	0.03%	0.03%
	FITB	A	0.06%	0.06%	0.06%
	FNF	B	0.03%	0.02%	0.02%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.03%	0.03%
	FTNT	C	0.12%	0.01%	0.01%
	FTV	C	0.05%	0.02%	0.02%
	GD	F	0.13%	0.07%	0.07%
	GDDY	A	0.05%	0.34%	0.05%
	GE	D	0.38%	0.11%	0.11%
	GEHC	F	0.06%	0.03%	0.03%
	GEN	B	0.03%	0.13%	0.03%
	GEV	B	0.18%	0.05%	0.05%
	GILD	C	0.22%	0.43%	0.22%
	GIS	D	0.07%	0.25%	0.07%
	GLW	B	0.07%	0.14%	0.07%
	GM	B	0.12%	0.32%	0.12%
	GOOG	C	1.77%	1.12%	1.12%
	GOOGL	C	1.98%	1.2%	1.2%
	GPC	D	0.03%	0.02%	0.02%
	GPN	B	0.06%	0.04%	0.04%
	GRMN	B	0.06%	0.2%	0.06%
	GS	A	0.38%	0.3%	0.3%
	GWW	B	0.09%	0.2%	0.09%
	HAL	C	0.05%	0.03%	0.03%
	HBAN	A	0.05%	0.06%	0.05%
	HCA	F	0.12%	0.06%	0.06%
	HD	A	0.79%	0.35%	0.35%
	HEI	B	0.03%	0.0%	0.0%
	HEI	B	0.02%	0.0%	0.0%
	HEI	B	0.02%	0.0%	0.0%
	HEI	B	0.03%	0.0%	0.0%
	HES	B	0.08%	0.02%	0.02%
	HIG	B	0.07%	0.09%	0.07%
	HII	D	0.02%	0.01%	0.01%
	HLT	A	0.12%	0.01%	0.01%
	HOLX	D	0.04%	0.07%	0.04%
	HON	B	0.29%	0.53%	0.29%
	HPE	B	0.05%	0.06%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.08%	0.02%
	HST	C	0.02%	0.01%	0.01%
	HSY	F	0.05%	0.18%	0.05%
	HUBB	B	0.05%	0.07%	0.05%
	HUBS	A	0.06%	0.08%	0.06%
	HUM	C	0.06%	0.2%	0.06%
	HWM	A	0.09%	0.01%	0.01%
	IBM	C	0.37%	0.67%	0.37%
	ICE	C	0.18%	0.14%	0.14%
	IDXX	F	0.07%	0.12%	0.07%
	IEX	B	0.04%	0.05%	0.04%
	IFF	D	0.04%	0.02%	0.02%
	ILMN	D	0.04%	0.01%	0.01%
	INCY	C	0.03%	0.2%	0.03%
	INTC	D	0.2%	0.18%	0.18%
	INTU	C	0.37%	0.04%	0.04%
	INVH	D	0.04%	0.01%	0.01%
	IP	B	0.04%	0.04%	0.04%
	IPG	D	0.02%	0.01%	0.01%
	IQV	D	0.07%	0.02%	0.02%
	IR	B	0.08%	0.02%	0.02%
	IRM	D	0.07%	0.01%	0.01%
	ISRG	A	0.37%	0.04%	0.04%
	IT	C	0.08%	0.13%	0.08%
	ITW	B	0.16%	0.27%	0.16%
	J	F	0.03%	0.02%	0.02%
	JBHT	C	0.03%	0.05%	0.03%
	JCI	C	0.11%	0.05%	0.05%
	JKHY	D	0.03%	0.04%	0.03%
	JNJ	D	0.73%	1.64%	0.73%
	JNPR	F	0.02%	0.17%	0.02%
	JPM	A	1.36%	1.06%	1.06%
	K	A	0.04%	0.29%	0.04%
	KDP	D	0.07%	0.23%	0.07%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	A	0.05%	0.26%	0.05%
	KHC	F	0.05%	0.18%	0.05%
	KIM	A	0.03%	0.02%	0.02%
	KKR	A	0.19%	0.04%	0.04%
	KLAC	D	0.17%	0.29%	0.17%
	KMB	D	0.09%	0.1%	0.09%
	KMI	A	0.11%	0.07%	0.07%
	KMX	B	0.02%	0.03%	0.02%
	KO	D	0.47%	0.81%	0.47%
	KR	B	0.08%	0.31%	0.08%
	KVUE	A	0.08%	0.04%	0.04%
	L	A	0.03%	0.12%	0.03%
	LDOS	C	0.04%	0.02%	0.02%
	LEN	D	0.08%	0.06%	0.06%
	LH	C	0.04%	0.03%	0.03%
	LHX	C	0.1%	0.04%	0.04%
	LII	A	0.05%	0.01%	0.01%
	LIN	D	0.42%	0.15%	0.15%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.24%	1.92%	1.24%
	LMT	D	0.23%	0.72%	0.23%
	LNG	B	0.09%	0.05%	0.05%
	LNT	A	0.03%	0.05%	0.03%
	LOW	D	0.3%	0.13%	0.13%
	LPLA	A	0.05%	0.07%	0.05%
	LRCX	F	0.18%	0.3%	0.18%
	LULU	C	0.07%	0.12%	0.07%
	LUV	C	0.04%	0.01%	0.01%
	LVS	C	0.04%	0.01%	0.01%
	LW	C	0.02%	0.03%	0.02%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.04%	0.01%	0.01%
	MA	C	0.83%	1.69%	0.83%
	MAA	B	0.04%	0.01%	0.01%
	MAR	B	0.13%	0.02%	0.02%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.41%	0.5%	0.41%
	MCHP	D	0.07%	0.1%	0.07%
	MCK	B	0.17%	0.61%	0.17%
	MCO	B	0.15%	0.21%	0.15%
	MDB	C	0.04%	0.0%	0.0%
	MDLZ	F	0.17%	0.22%	0.17%
	MDT	D	0.22%	0.15%	0.15%
	MELI	D	0.18%	0.07%	0.07%
	MET	A	0.1%	0.09%	0.09%
	META	D	2.37%	2.32%	2.32%
	MGM	D	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.05%	0.15%	0.05%
	MLM	B	0.07%	0.02%	0.02%
	MMC	B	0.22%	0.69%	0.22%
	MMM	D	0.14%	0.28%	0.14%
	MNST	C	0.07%	0.12%	0.07%
	MO	A	0.19%	0.07%	0.07%
	MOH	F	0.03%	0.13%	0.03%
	MOS	F	0.02%	0.03%	0.02%
	MPC	D	0.1%	0.32%	0.1%
	MPWR	F	0.05%	0.07%	0.05%
	MRK	F	0.48%	0.46%	0.46%
	MRNA	F	0.02%	0.01%	0.01%
	MRO	B	0.03%	0.04%	0.03%
	MRVL	B	0.15%	0.02%	0.02%
	MS	A	0.33%	0.21%	0.21%
	MSCI	C	0.09%	0.01%	0.01%
	MSFT	F	6.06%	2.7%	2.7%
	MSI	B	0.15%	0.63%	0.15%
	MTB	A	0.07%	0.08%	0.07%
	MTD	D	0.05%	0.01%	0.01%
	MU	D	0.21%	0.07%	0.07%
	NBIX	C	0.02%	0.11%	0.02%
	NDAQ	A	0.06%	0.02%	0.02%
	NEE	D	0.31%	0.1%	0.1%
	NEM	D	0.09%	0.18%	0.09%
	NET	B	0.05%	0.0%	0.0%
	NFLX	A	0.71%	0.14%	0.14%
	NI	A	0.03%	0.02%	0.02%
	NKE	D	0.18%	0.28%	0.18%
	NOC	D	0.13%	0.55%	0.13%
	NOW	A	0.39%	0.27%	0.27%
	NRG	B	0.04%	0.03%	0.03%
	NSC	B	0.11%	0.05%	0.05%
	NTAP	C	0.05%	0.16%	0.05%
	NTRS	A	0.05%	0.03%	0.03%
	NUE	C	0.07%	0.07%	0.07%
	NVDA	C	6.61%	2.76%	2.76%
	NVR	D	0.05%	0.11%	0.05%
	NWSA	B	0.02%	0.01%	0.01%
	NXPI	D	0.11%	0.03%	0.03%
	O	D	0.1%	0.04%	0.04%
	OC	A	0.03%	0.02%	0.02%
	ODFL	B	0.08%	0.13%	0.08%
	OKE	A	0.12%	0.05%	0.05%
	OKTA	C	0.02%	0.0%	0.0%
	OMC	C	0.04%	0.07%	0.04%
	ON	D	0.06%	0.02%	0.02%
	ORCL	B	0.58%	0.53%	0.53%
	ORLY	B	0.14%	0.26%	0.14%
	OTIS	C	0.08%	0.04%	0.04%
	OXY	D	0.06%	0.1%	0.06%
	PANW	C	0.24%	0.32%	0.24%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	C	0.09%	0.16%	0.09%
	PCAR	B	0.11%	0.06%	0.06%
	PCG	A	0.09%	0.06%	0.06%
	PEG	A	0.09%	0.04%	0.04%
	PEP	F	0.43%	1.01%	0.43%
	PFE	D	0.28%	0.33%	0.28%
	PFG	D	0.04%	0.03%	0.03%
	PG	A	0.79%	0.59%	0.59%
	PGR	A	0.29%	0.65%	0.29%
	PH	A	0.17%	0.04%	0.04%
	PHM	D	0.06%	0.11%	0.06%
	PINS	D	0.03%	0.0%	0.0%
	PKG	A	0.04%	0.09%	0.04%
	PLD	D	0.21%	0.08%	0.08%
	PLTR	B	0.26%	0.01%	0.01%
	PM	B	0.39%	0.11%	0.11%
	PNC	B	0.16%	0.17%	0.16%
	PNR	A	0.03%	0.01%	0.01%
	PODD	C	0.04%	0.0%	0.0%
	POOL	C	0.03%	0.04%	0.03%
	PPG	F	0.06%	0.02%	0.02%
	PPL	B	0.05%	0.03%	0.03%
	PRU	A	0.09%	0.08%	0.08%
	PSA	D	0.1%	0.14%	0.1%
	PSX	C	0.11%	0.14%	0.11%
	PTC	A	0.04%	0.18%	0.04%
	PWR	A	0.09%	0.02%	0.02%
	PYPL	B	0.18%	0.08%	0.08%
	QCOM	F	0.35%	0.55%	0.35%
	QRVO	F	0.01%	0.01%	0.01%
	RBLX	C	0.05%	0.0%	0.0%
	RCL	A	0.11%	0.01%	0.01%
	REG	B	0.03%	0.01%	0.01%
	REGN	F	0.16%	0.25%	0.16%
	RF	A	0.05%	0.06%	0.05%
	RJF	A	0.06%	0.03%	0.03%
	RMD	C	0.06%	0.09%	0.06%
	ROK	B	0.07%	0.1%	0.07%
	ROL	B	0.03%	0.17%	0.03%
	ROP	B	0.11%	0.46%	0.11%
	ROST	C	0.09%	0.03%	0.03%
	RPRX	D	0.02%	0.01%	0.01%
	RSG	A	0.08%	0.54%	0.08%
	RTX	C	0.31%	0.18%	0.18%
	RVTY	F	0.03%	0.01%	0.01%
	SBAC	D	0.04%	0.01%	0.01%
	SBUX	A	0.22%	0.06%	0.06%
	SCHW	B	0.23%	0.07%	0.07%
	SHW	A	0.18%	0.26%	0.18%
	SJM	D	0.02%	0.02%	0.02%
	SLB	C	0.12%	0.05%	0.05%
	SMCI	F	0.02%	0.03%	0.02%
	SNA	A	0.04%	0.06%	0.04%
	SNAP	C	0.02%	0.0%	0.0%
	SNOW	C	0.08%	0.0%	0.0%
	SNPS	B	0.16%	0.28%	0.16%
	SO	D	0.19%	0.54%	0.19%
	SPG	B	0.11%	0.03%	0.03%
	SPGI	C	0.31%	0.07%	0.07%
	SQ	B	0.09%	0.03%	0.03%
	SRE	A	0.11%	0.06%	0.06%
	SSNC	B	0.03%	0.02%	0.02%
	STE	F	0.04%	0.01%	0.01%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.06%	0.06%	0.06%
	STX	D	0.04%	0.07%	0.04%
	STZ	D	0.07%	0.02%	0.02%
	SUI	D	0.03%	0.01%	0.01%
	SW	A	0.05%	0.03%	0.03%
	SWK	D	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	B	0.05%	0.06%	0.05%
	SYK	C	0.27%	0.05%	0.05%
	SYY	B	0.07%	0.05%	0.05%
	T	A	0.32%	0.69%	0.32%
	TAP	C	0.02%	0.02%	0.02%
	TDG	D	0.14%	0.01%	0.01%
	TDY	B	0.04%	0.21%	0.04%
	TEAM	A	0.07%	0.0%	0.0%
	TECH	D	0.02%	0.0%	0.0%
	TER	D	0.03%	0.04%	0.03%
	TFC	A	0.12%	0.16%	0.12%
	TFX	F	0.01%	0.01%	0.01%
	TGT	F	0.14%	0.1%	0.1%
	TJX	A	0.27%	0.56%	0.27%
	TMO	F	0.38%	0.1%	0.1%
	TMUS	B	0.23%	0.78%	0.23%
	TPL	A	0.05%	0.09%	0.05%
	TRGP	B	0.08%	0.03%	0.03%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	B	0.05%	0.09%	0.05%
	TRU	D	0.03%	0.01%	0.01%
	TRV	B	0.11%	0.47%	0.11%
	TSCO	D	0.05%	0.09%	0.05%
	TSLA	B	1.75%	0.28%	0.28%
	TSN	B	0.04%	0.3%	0.04%
	TT	A	0.17%	0.26%	0.17%
	TTD	B	0.11%	0.01%	0.01%
	TTWO	A	0.06%	0.01%	0.01%
	TWLO	A	0.03%	0.01%	0.01%
	TXN	C	0.36%	1.06%	0.36%
	TXT	D	0.03%	0.02%	0.02%
	TYL	B	0.05%	0.01%	0.01%
	UBER	D	0.29%	0.18%	0.18%
	UDR	B	0.03%	0.01%	0.01%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	F	0.03%	0.08%	0.03%
	UNH	C	1.07%	2.21%	1.07%
	UNP	C	0.28%	0.08%	0.08%
	UPS	C	0.19%	0.11%	0.11%
	URI	B	0.11%	0.04%	0.04%
	USB	A	0.15%	0.16%	0.15%
	V	A	1.01%	1.91%	1.01%
	VEEV	C	0.06%	0.08%	0.06%
	VICI	C	0.06%	0.04%	0.04%
	VLO	C	0.09%	0.15%	0.09%
	VLTO	D	0.05%	0.08%	0.05%
	VMC	B	0.08%	0.02%	0.02%
	VRSK	A	0.08%	0.15%	0.08%
	VRSN	F	0.03%	0.22%	0.03%
	VRT	B	0.08%	0.01%	0.01%
	VRTX	F	0.24%	0.57%	0.24%
	VST	B	0.09%	0.02%	0.02%
	VTR	C	0.05%	0.02%	0.02%
	VTRS	A	0.03%	0.05%	0.03%
	VZ	C	0.35%	0.81%	0.35%
	WAB	B	0.07%	0.02%	0.02%
	WAT	B	0.04%	0.07%	0.04%
	WBA	F	0.01%	0.06%	0.01%
	WBD	C	0.04%	0.11%	0.04%
	WDAY	B	0.11%	0.15%	0.11%
	WDC	D	0.04%	0.02%	0.02%
	WEC	A	0.06%	0.29%	0.06%
	WELL	A	0.16%	0.04%	0.04%
	WFC	A	0.5%	0.5%	0.5%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.15%	0.52%	0.15%
	WMB	A	0.13%	0.15%	0.13%
	WMT	A	0.72%	0.94%	0.72%
	WPC	D	0.02%	0.01%	0.01%
	WRB	A	0.04%	0.12%	0.04%
	WSO	A	0.04%	0.06%	0.04%
	WST	C	0.05%	0.06%	0.05%
	WTW	B	0.06%	0.16%	0.06%
	WY	D	0.04%	0.03%	0.03%
	WYNN	D	0.02%	0.0%	0.0%
	XEL	A	0.08%	0.2%	0.08%
	XOM	B	1.04%	0.81%	0.81%
	XYL	D	0.06%	0.01%	0.01%
	YUM	B	0.07%	0.19%	0.07%
	Z	A	0.02%	0.01%	0.01%
	ZBH	C	0.04%	0.02%	0.02%
	ZBRA	B	0.05%	0.01%	0.01%
	ZM	B	0.04%	0.01%	0.01%
	ZS	C	0.04%	0.0%	0.0%
	ZTS	D	0.16%	0.25%	0.16%

USPX Overweight 11 Positions Relative to QUS

	Symbol	Grade	Weight
	CPNG	D	0.06%
	UAL	A	0.06%
	RGA	A	0.03%
	EWBC	A	0.03%
	FLEX	A	0.03%
	SCCO	F	0.02%
	AGR	B	0.01%
	NWS	B	0.01%
	ZG	A	0.01%
	U	C	0.01%
	SIRI	C	0.01%

USPX Underweight 51 Positions Relative to QUS

	Symbol	Grade	Weight
	WCN	A	-0.53%
	CBOE	B	-0.29%
	ERIE	D	-0.17%
	AIZ	A	-0.12%
	UTHR	C	-0.1%
	EME	C	-0.08%
	MANH	D	-0.07%
	TW	A	-0.07%
	SOLV	C	-0.06%
	WSM	B	-0.06%
	GGG	B	-0.05%
	KNX	B	-0.04%
	ALLY	C	-0.03%
	RS	B	-0.03%
	TTC	D	-0.03%
	AOS	F	-0.03%
	PARA	C	-0.03%
	JBL	B	-0.03%
	MKTX	D	-0.03%
	SEIC	B	-0.03%
	OVV	B	-0.03%
	APP	B	-0.02%
	CHRW	C	-0.02%
	DINO	D	-0.02%
	HOOD	B	-0.01%
	RIVN	F	-0.01%
	MTCH	D	-0.01%
	BIO	D	-0.01%
	BBWI	D	-0.01%
	NDSN	B	-0.01%
	UHAL	D	-0.01%
	AMH	D	-0.01%
	CTLT	B	-0.01%
	DVA	B	-0.01%
	GLPI	C	-0.01%
	WTRG	B	-0.01%
	FBIN	D	-0.01%
	CSL	C	-0.01%
	RPM	A	-0.01%
	HSIC	B	-0.01%
	ACM	A	-0.01%
	CHRD	D	-0.01%
	DKS	C	-0.01%
	CELH	F	-0.0%
	IOT	A	-0.0%
	TOST	B	-0.0%
	DKNG	B	-0.0%
	PSTG	D	-0.0%
	H	B	-0.0%
	ROKU	D	-0.0%
	MSTR	C	-0.0%

USPX: Top Represented Industries & Keywords

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

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

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