VONE vs. QWLD ETF Comparison

Comparison of Vanguard Russell 1000 ETF (VONE) to SPDR MSCI World Quality Mix ETF (QWLD)

VONE

Vanguard Russell 1000 ETF

VONE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Index. The index is designed to measure the performance of large-capitalization stocks in the United States. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$270.15

Average Daily Volume

51,357

Number of Holdings ^*

980

* 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

$127.75

Average Daily Volume

3,758

Number of Holdings ^*

609

* may have additional holdings in another (foreign) market

Performance

Period	VONE	QWLD
30 Days	2.62%	-0.87%
60 Days	6.51%	0.52%
90 Days	7.91%	2.56%
12 Months	34.08%	23.47%

574 Overlapping Holdings

	Symbol	Grade	Weight in VONE	Weight in QWLD	Overlap
	A	F	0.08%	0.07%	0.07%
	AAPL	C	6.41%	2.5%	2.5%
	ABBV	F	0.66%	0.41%	0.41%
	ABBV	F	0.66%	0.16%	0.16%
	ABNB	C	0.1%	0.01%	0.01%
	ABT	C	0.37%	0.09%	0.09%
	ACGL	C	0.08%	0.25%	0.08%
	ACI	C	0.01%	0.02%	0.01%
	ACM	B	0.03%	0.01%	0.01%
	ACN	B	0.42%	0.65%	0.42%
	ADBE	C	0.43%	0.42%	0.42%
	ADI	D	0.22%	0.04%	0.04%
	ADM	F	0.05%	0.05%	0.05%
	ADP	A	0.22%	0.26%	0.22%
	ADSK	B	0.11%	0.1%	0.1%
	AEE	B	0.04%	0.08%	0.04%
	AEP	D	0.1%	0.07%	0.07%
	AES	F	0.03%	0.01%	0.01%
	AFG	A	0.02%	0.02%	0.02%
	AFL	C	0.12%	0.12%	0.12%
	AGCO	F	0.01%	0.01%	0.01%
	AIG	B	0.09%	0.07%	0.07%
	AIZ	A	0.02%	0.08%	0.02%
	AJG	A	0.12%	0.18%	0.12%
	AKAM	F	0.03%	0.13%	0.03%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.04%	0.0%	0.0%
	ALL	B	0.09%	0.07%	0.07%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	AMAT	F	0.32%	0.32%	0.32%
	AMCR	D	0.03%	0.08%	0.03%
	AMD	F	0.5%	0.04%	0.04%
	AME	A	0.07%	0.01%	0.01%
	AMGN	F	0.33%	0.18%	0.18%
	AMH	C	0.02%	0.0%	0.0%
	AMP	A	0.09%	0.09%	0.09%
	AMT	F	0.21%	0.02%	0.02%
	AMZN	A	3.27%	0.37%	0.37%
	ANET	C	0.19%	0.21%	0.19%
	ANSS	B	0.05%	0.0%	0.0%
	AON	B	0.13%	0.17%	0.13%
	AOS	F	0.02%	0.02%	0.02%
	APA	F	0.02%	0.03%	0.02%
	APD	B	0.12%	0.03%	0.03%
	APH	B	0.15%	0.43%	0.15%
	APO	B	0.12%	0.02%	0.02%
	APP	B	0.06%	0.0%	0.0%
	APTV	F	0.04%	0.01%	0.01%
	ARE	F	0.04%	0.01%	0.01%
	ARES	B	0.05%	0.01%	0.01%
	ATO	B	0.04%	0.01%	0.01%
	AVB	B	0.06%	0.01%	0.01%
	AVGO	C	1.48%	0.12%	0.12%
	AVTR	F	0.03%	0.01%	0.01%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.01%	0.01%
	AXON	B	0.05%	0.0%	0.0%
	AXP	B	0.29%	0.06%	0.06%
	AZO	B	0.1%	0.29%	0.1%
	BA	F	0.17%	0.01%	0.01%
	BAC	A	0.51%	0.38%	0.38%
	BAH	C	0.04%	0.18%	0.04%
	BALL	D	0.04%	0.01%	0.01%
	BAX	F	0.04%	0.01%	0.01%
	BBWI	C	0.01%	0.0%	0.0%
	BBY	C	0.04%	0.05%	0.04%
	BDX	F	0.13%	0.08%	0.08%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.03%	0.02%	0.02%
	BIIB	F	0.05%	0.01%	0.01%
	BIO	C	0.01%	0.0%	0.0%
	BK	B	0.1%	0.05%	0.05%
	BKNG	A	0.27%	0.03%	0.03%
	BKR	B	0.07%	0.02%	0.02%
	BLDR	C	0.04%	0.04%	0.04%
	BMRN	F	0.03%	0.07%	0.03%
	BMY	B	0.2%	0.21%	0.2%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.59%	0.72%	0.72%
	BRO	B	0.05%	0.14%	0.05%
	BSX	A	0.23%	0.02%	0.02%
	BSY	F	0.01%	0.01%	0.01%
	BURL	C	0.03%	0.01%	0.01%
	BX	A	0.2%	0.03%	0.03%
	BXP	D	0.02%	0.01%	0.01%
	C	B	0.23%	0.25%	0.23%
	CAG	F	0.03%	0.04%	0.03%
	CAH	B	0.05%	0.12%	0.05%
	CARR	C	0.13%	0.02%	0.02%
	CAT	B	0.36%	0.39%	0.36%
	CB	C	0.22%	0.38%	0.22%
	CBOE	D	0.04%	0.24%	0.04%
	CBRE	B	0.07%	0.03%	0.03%
	CCI	F	0.1%	0.01%	0.01%
	CCK	D	0.02%	0.01%	0.01%
	CCL	B	0.03%	0.01%	0.01%
	CDNS	B	0.14%	0.14%	0.14%
	CDW	F	0.06%	0.08%	0.06%
	CE	F	0.03%	0.01%	0.01%
	CEG	D	0.15%	0.02%	0.02%
	CF	B	0.03%	0.12%	0.03%
	CFG	B	0.03%	0.04%	0.03%
	CG	B	0.02%	0.01%	0.01%
	CHD	A	0.05%	0.18%	0.05%
	CHRD	D	0.02%	0.01%	0.01%
	CHRW	A	0.02%	0.01%	0.01%
	CHTR	B	0.06%	0.06%	0.06%
	CI	D	0.18%	0.17%	0.17%
	CINF	A	0.04%	0.02%	0.02%
	CL	F	0.16%	0.19%	0.16%
	CLX	A	0.04%	0.01%	0.01%
	CMCSA	B	0.3%	0.17%	0.17%
	CME	B	0.15%	0.15%	0.15%
	CMG	B	0.15%	0.13%	0.13%
	CMI	A	0.08%	0.09%	0.08%
	CMS	D	0.04%	0.05%	0.04%
	CNC	F	0.07%	0.05%	0.05%
	CNH	D	0.02%	0.02%	0.02%
	CNP	B	0.04%	0.01%	0.01%
	COF	B	0.11%	0.1%	0.1%
	COIN	B	0.07%	0.01%	0.01%
	COP	C	0.23%	0.1%	0.1%
	COR	B	0.07%	0.42%	0.07%
	COST	B	0.74%	0.75%	0.74%
	CPAY	A	0.04%	0.01%	0.01%
	CPB	F	0.02%	0.09%	0.02%
	CPRT	A	0.09%	0.08%	0.08%
	CPT	C	0.02%	0.0%	0.0%
	CRBG	C	0.01%	0.01%	0.01%
	CRL	C	0.02%	0.0%	0.0%
	CRM	B	0.49%	0.05%	0.05%
	CRWD	B	0.12%	0.0%	0.0%
	CSCO	A	0.41%	1.02%	0.41%
	CSGP	F	0.06%	0.0%	0.0%
	CSL	B	0.04%	0.03%	0.03%
	CSX	B	0.13%	0.12%	0.12%
	CTAS	B	0.13%	0.14%	0.13%
	CTLT	D	0.02%	0.01%	0.01%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	A	0.07%	0.21%	0.07%
	CTVA	C	0.08%	0.05%	0.05%
	CVS	F	0.15%	0.18%	0.15%
	CVX	A	0.48%	0.31%	0.31%
	D	D	0.09%	0.06%	0.06%
	DAL	A	0.06%	0.01%	0.01%
	DASH	A	0.09%	0.0%	0.0%
	DAY	B	0.02%	0.0%	0.0%
	DD	D	0.07%	0.02%	0.02%
	DDOG	B	0.07%	0.0%	0.0%
	DE	D	0.2%	0.06%	0.06%
	DECK	B	0.05%	0.05%	0.05%
	DELL	C	0.06%	0.01%	0.01%
	DFS	B	0.07%	0.04%	0.04%
	DG	F	0.04%	0.01%	0.01%
	DGX	B	0.03%	0.1%	0.03%
	DHI	D	0.11%	0.11%	0.11%
	DHR	F	0.34%	0.05%	0.05%
	DINO	D	0.01%	0.05%	0.01%
	DIS	B	0.33%	0.08%	0.08%
	DKNG	B	0.03%	0.0%	0.0%
	DKS	D	0.02%	0.02%	0.02%
	DLR	C	0.1%	0.02%	0.02%
	DLTR	F	0.03%	0.01%	0.01%
	DOC	C	0.03%	0.01%	0.01%
	DOCU	B	0.02%	0.0%	0.0%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.07%	0.04%	0.04%
	DPZ	C	0.03%	0.06%	0.03%
	DRI	B	0.04%	0.03%	0.03%
	DT	C	0.03%	0.0%	0.0%
	DTE	D	0.05%	0.02%	0.02%
	DUK	D	0.17%	0.36%	0.17%
	DVA	C	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	C	0.05%	0.0%	0.0%
	EA	A	0.07%	0.19%	0.07%
	EBAY	C	0.06%	0.01%	0.01%
	ECL	C	0.12%	0.01%	0.01%
	ED	D	0.07%	0.36%	0.07%
	EFX	F	0.07%	0.01%	0.01%
	EG	D	0.03%	0.06%	0.03%
	EIX	C	0.06%	0.02%	0.02%
	EL	F	0.04%	0.01%	0.01%
	ELS	B	0.02%	0.0%	0.0%
	ELV	F	0.23%	0.22%	0.22%
	EME	B	0.04%	0.04%	0.04%
	EMN	D	0.02%	0.01%	0.01%
	EMR	A	0.12%	0.03%	0.03%
	ENPH	F	0.03%	0.02%	0.02%
	ENTG	F	0.03%	0.0%	0.0%
	EOG	A	0.13%	0.05%	0.05%
	EPAM	B	0.02%	0.02%	0.02%
	EQH	B	0.03%	0.01%	0.01%
	EQIX	B	0.16%	0.01%	0.01%
	EQR	C	0.05%	0.01%	0.01%
	EQT	B	0.04%	0.01%	0.01%
	ES	D	0.05%	0.01%	0.01%
	ESS	C	0.04%	0.01%	0.01%
	ETN	B	0.25%	0.03%	0.03%
	ETR	B	0.05%	0.03%	0.03%
	EVRG	A	0.03%	0.01%	0.01%
	EW	F	0.07%	0.07%	0.07%
	EXAS	F	0.02%	0.0%	0.0%
	EXC	C	0.08%	0.03%	0.03%
	EXPD	C	0.04%	0.04%	0.04%
	EXPE	B	0.04%	0.01%	0.01%
	EXR	D	0.07%	0.01%	0.01%
	F	C	0.08%	0.09%	0.08%
	FANG	C	0.06%	0.09%	0.06%
	FAST	B	0.08%	0.09%	0.08%
	FBIN	F	0.02%	0.01%	0.01%
	FCNCA	B	0.04%	0.12%	0.04%
	FCX	F	0.13%	0.03%	0.03%
	FDS	A	0.03%	0.03%	0.03%
	FDX	B	0.12%	0.07%	0.07%
	FE	D	0.05%	0.01%	0.01%
	FFIV	B	0.02%	0.16%	0.02%
	FI	A	0.19%	0.08%	0.08%
	FICO	B	0.09%	0.04%	0.04%
	FIS	B	0.09%	0.02%	0.02%
	FITB	A	0.06%	0.03%	0.03%
	FNF	C	0.03%	0.01%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.01%	0.01%
	FSLR	F	0.05%	0.01%	0.01%
	FTNT	B	0.09%	0.01%	0.01%
	FTV	C	0.05%	0.01%	0.01%
	GD	C	0.16%	0.19%	0.16%
	GDDY	B	0.04%	0.23%	0.04%
	GE	D	0.39%	0.31%	0.31%
	GEHC	D	0.08%	0.02%	0.02%
	GEN	B	0.03%	0.12%	0.03%
	GEV	B	0.13%	0.02%	0.02%
	GGG	B	0.03%	0.03%	0.03%
	GILD	B	0.2%	0.25%	0.2%
	GIS	F	0.08%	0.33%	0.08%
	GLPI	D	0.03%	0.01%	0.01%
	GLW	B	0.07%	0.02%	0.02%
	GM	B	0.1%	0.18%	0.1%
	GOOG	C	1.56%	0.95%	0.95%
	GOOGL	C	1.85%	1.08%	1.08%
	GPC	D	0.04%	0.05%	0.04%
	GPN	B	0.05%	0.02%	0.02%
	GRMN	A	0.05%	0.05%	0.05%
	GS	B	0.3%	0.17%	0.17%
	GWW	B	0.09%	0.11%	0.09%
	H	B	0.01%	0.0%	0.0%
	HAL	C	0.05%	0.02%	0.02%
	HBAN	A	0.04%	0.03%	0.03%
	HCA	D	0.14%	0.04%	0.04%
	HD	B	0.76%	0.14%	0.14%
	HEI	A	0.02%	0.0%	0.0%
	HEI	A	0.03%	0.0%	0.0%
	HEI	A	0.03%	0.0%	0.0%
	HEI	A	0.02%	0.0%	0.0%
	HES	B	0.07%	0.01%	0.01%
	HIG	C	0.06%	0.03%	0.03%
	HII	F	0.02%	0.01%	0.01%
	HLT	A	0.11%	0.01%	0.01%
	HOLX	D	0.04%	0.01%	0.01%
	HON	B	0.25%	0.25%	0.25%
	HOOD	B	0.03%	0.0%	0.0%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.07%	0.04%	0.04%
	HRL	F	0.02%	0.09%	0.02%
	HSIC	F	0.02%	0.01%	0.01%
	HST	D	0.02%	0.01%	0.01%
	HSY	F	0.05%	0.16%	0.05%
	HUBB	C	0.04%	0.04%	0.04%
	HUM	D	0.07%	0.16%	0.07%
	HWM	B	0.08%	0.01%	0.01%
	IBM	D	0.38%	0.48%	0.38%
	ICE	C	0.17%	0.03%	0.03%
	IDXX	F	0.08%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.05%	0.01%	0.01%
	ILMN	C	0.04%	0.0%	0.0%
	INCY	B	0.02%	0.16%	0.02%
	INTC	C	0.19%	0.1%	0.1%
	INTU	A	0.32%	0.25%	0.25%
	INVH	D	0.04%	0.01%	0.01%
	IP	B	0.03%	0.02%	0.02%
	IPG	F	0.02%	0.02%	0.02%
	IQV	F	0.08%	0.01%	0.01%
	IR	A	0.07%	0.01%	0.01%
	IRM	D	0.07%	0.01%	0.01%
	ISRG	A	0.33%	0.25%	0.25%
	IT	B	0.07%	0.04%	0.04%
	ITW	B	0.15%	0.14%	0.14%
	J	D	0.03%	0.01%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.02%	0.02%
	JCI	A	0.1%	0.03%	0.03%
	JKHY	C	0.02%	0.07%	0.02%
	JNJ	D	0.74%	1.11%	0.74%
	JNPR	D	0.02%	0.13%	0.02%
	JPM	A	1.14%	0.59%	0.59%
	K	A	0.04%	0.22%	0.04%
	KDP	C	0.07%	0.14%	0.07%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.18%	0.05%
	KHC	F	0.06%	0.21%	0.06%
	KIM	A	0.03%	0.01%	0.01%
	KKR	B	0.17%	0.02%	0.02%
	KLAC	F	0.2%	0.16%	0.16%
	KMB	D	0.09%	0.11%	0.09%
	KMI	B	0.08%	0.04%	0.04%
	KMX	B	0.02%	0.01%	0.01%
	KNX	C	0.02%	0.01%	0.01%
	KO	F	0.53%	0.57%	0.53%
	KR	A	0.07%	0.32%	0.07%
	KVUE	A	0.08%	0.08%	0.08%
	L	A	0.03%	0.17%	0.03%
	LDOS	C	0.04%	0.01%	0.01%
	LEN	D	0.0%	0.09%	0.0%
	LEN	D	0.09%	0.09%	0.09%
	LH	B	0.04%	0.02%	0.02%
	LHX	B	0.08%	0.03%	0.03%
	LII	B	0.04%	0.0%	0.0%
	LIN	D	0.43%	0.06%	0.06%
	LKQ	C	0.02%	0.01%	0.01%
	LLY	F	1.34%	1.17%	1.17%
	LMT	D	0.24%	0.43%	0.24%
	LNG	B	0.08%	0.05%	0.05%
	LNT	C	0.03%	0.03%	0.03%
	LOW	B	0.29%	0.07%	0.07%
	LPLA	A	0.03%	0.04%	0.03%
	LULU	B	0.06%	0.07%	0.06%
	LUV	B	0.03%	0.0%	0.0%
	LVS	C	0.03%	0.0%	0.0%
	LW	B	0.02%	0.0%	0.0%
	LYB	F	0.05%	0.03%	0.03%
	LYV	A	0.03%	0.0%	0.0%
	MA	B	0.77%	0.7%	0.7%
	MAA	C	0.03%	0.01%	0.01%
	MANH	C	0.03%	0.04%	0.03%
	MAR	A	0.11%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	C	0.42%	0.41%	0.41%
	MCHP	F	0.08%	0.06%	0.06%
	MCK	B	0.12%	0.51%	0.12%
	MCO	C	0.14%	0.12%	0.12%
	MDLZ	F	0.19%	0.15%	0.15%
	MDT	D	0.22%	0.06%	0.06%
	MET	C	0.09%	0.05%	0.05%
	META	B	2.37%	2.14%	2.14%
	MGM	D	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.12%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	B	0.06%	0.01%	0.01%
	MMC	D	0.21%	0.51%	0.21%
	MMM	C	0.14%	0.14%	0.14%
	MNST	B	0.07%	0.07%	0.07%
	MO	A	0.17%	0.04%	0.04%
	MOH	F	0.04%	0.06%	0.04%
	MOS	D	0.02%	0.02%	0.02%
	MPC	D	0.11%	0.17%	0.11%
	MPWR	F	0.08%	0.06%	0.06%
	MRK	F	0.54%	0.44%	0.44%
	MRNA	F	0.04%	0.01%	0.01%
	MRO	B	0.03%	0.02%	0.02%
	MRVL	B	0.12%	0.01%	0.01%
	MS	A	0.23%	0.11%	0.11%
	MSCI	B	0.08%	0.0%	0.0%
	MSFT	C	6.06%	2.29%	2.29%
	MSI	B	0.14%	0.61%	0.14%
	MSTR	B	0.05%	0.0%	0.0%
	MTB	A	0.06%	0.05%	0.05%
	MTCH	F	0.02%	0.0%	0.0%
	MU	D	0.22%	0.04%	0.04%
	NBIX	C	0.02%	0.11%	0.02%
	NDAQ	B	0.06%	0.01%	0.01%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	D	0.33%	0.05%	0.05%
	NEM	F	0.12%	0.04%	0.04%
	NET	B	0.05%	0.0%	0.0%
	NFLX	A	0.57%	0.51%	0.51%
	NI	A	0.03%	0.01%	0.01%
	NKE	F	0.2%	0.16%	0.16%
	NOC	D	0.14%	0.33%	0.14%
	NOW	A	0.35%	0.01%	0.01%
	NRG	C	0.04%	0.02%	0.02%
	NSC	B	0.11%	0.03%	0.03%
	NTAP	D	0.05%	0.04%	0.04%
	NTRS	A	0.03%	0.02%	0.02%
	NUE	D	0.07%	0.05%	0.05%
	NVDA	A	5.38%	2.56%	2.56%
	NVR	D	0.05%	0.06%	0.05%
	NWSA	B	0.02%	0.01%	0.01%
	O	D	0.11%	0.02%	0.02%
	OC	A	0.03%	0.03%	0.03%
	ODFL	B	0.07%	0.08%	0.07%
	OKE	A	0.1%	0.03%	0.03%
	OKTA	C	0.02%	0.0%	0.0%
	OMC	A	0.04%	0.04%	0.04%
	ON	F	0.06%	0.01%	0.01%
	ORCL	A	0.51%	0.25%	0.25%
	ORLY	A	0.13%	0.24%	0.13%
	OTIS	D	0.08%	0.01%	0.01%
	OVV	C	0.02%	0.02%	0.02%
	OXY	F	0.06%	0.03%	0.03%
	PANW	B	0.2%	0.18%	0.18%
	PARA	B	0.01%	0.02%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.08%	0.1%	0.08%
	PCAR	B	0.1%	0.11%	0.1%
	PCG	A	0.08%	0.03%	0.03%
	PEG	C	0.08%	0.02%	0.02%
	PEP	D	0.44%	0.79%	0.44%
	PFE	F	0.31%	0.19%	0.19%
	PFG	C	0.04%	0.02%	0.02%
	PG	C	0.77%	0.89%	0.77%
	PGR	A	0.28%	0.35%	0.28%
	PH	A	0.15%	0.02%	0.02%
	PHM	D	0.06%	0.06%	0.06%
	PINS	F	0.04%	0.0%	0.0%
	PKG	B	0.04%	0.04%	0.04%
	PLD	D	0.22%	0.04%	0.04%
	PLTR	B	0.14%	0.0%	0.0%
	PM	B	0.36%	0.07%	0.07%
	PNC	B	0.14%	0.09%	0.09%
	PNR	A	0.03%	0.03%	0.03%
	PODD	B	0.03%	0.0%	0.0%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.01%	0.01%
	PPL	A	0.05%	0.01%	0.01%
	PRU	B	0.08%	0.05%	0.05%
	PSA	D	0.11%	0.08%	0.08%
	PSTG	D	0.03%	0.0%	0.0%
	PSX	C	0.1%	0.13%	0.1%
	PTC	B	0.04%	0.08%	0.04%
	PWR	B	0.08%	0.01%	0.01%
	PYPL	A	0.15%	0.04%	0.04%
	QCOM	F	0.36%	0.34%	0.34%
	QGEN	D	0.02%	0.0%	0.0%
	QRVO	F	0.02%	0.0%	0.0%
	RBLX	B	0.04%	0.0%	0.0%
	RCL	A	0.08%	0.01%	0.01%
	REG	A	0.03%	0.01%	0.01%
	REGN	F	0.21%	0.33%	0.21%
	RF	A	0.04%	0.03%	0.03%
	RIVN	F	0.02%	0.0%	0.0%
	RJF	A	0.04%	0.02%	0.02%
	RMD	C	0.07%	0.05%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROKU	C	0.02%	0.0%	0.0%
	ROL	C	0.03%	0.08%	0.03%
	ROP	A	0.11%	0.49%	0.11%
	ROST	D	0.09%	0.02%	0.02%
	RPM	A	0.03%	0.01%	0.01%
	RPRX	F	0.02%	0.01%	0.01%
	RS	C	0.03%	0.02%	0.02%
	RSG	B	0.08%	0.45%	0.08%
	RTX	D	0.31%	0.09%	0.09%
	RVTY	C	0.03%	0.01%	0.01%
	SBAC	D	0.05%	0.01%	0.01%
	SBUX	B	0.21%	0.04%	0.04%
	SCHW	B	0.18%	0.04%	0.04%
	SEIC	A	0.01%	0.02%	0.01%
	SHW	A	0.17%	0.14%	0.14%
	SJM	F	0.02%	0.07%	0.02%
	SLB	C	0.11%	0.03%	0.03%
	SMCI	F	0.04%	0.02%	0.02%
	SNA	A	0.03%	0.04%	0.03%
	SNOW	C	0.07%	0.0%	0.0%
	SNPS	C	0.15%	0.13%	0.13%
	SO	D	0.19%	0.45%	0.19%
	SOLV	C	0.02%	0.03%	0.02%
	SPG	A	0.1%	0.02%	0.02%
	SPGI	C	0.31%	0.03%	0.03%
	SQ	B	0.07%	0.01%	0.01%
	SRE	B	0.1%	0.03%	0.03%
	SSNC	C	0.03%	0.01%	0.01%
	STE	D	0.05%	0.01%	0.01%
	STLD	C	0.04%	0.03%	0.03%
	STT	B	0.05%	0.03%	0.03%
	STZ	D	0.08%	0.01%	0.01%
	SUI	F	0.03%	0.01%	0.01%
	SW	B	0.05%	0.03%	0.03%
	SWK	F	0.03%	0.01%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.04%	0.04%
	SYK	A	0.25%	0.03%	0.03%
	SYY	D	0.07%	0.03%	0.03%
	T	A	0.3%	0.38%	0.3%
	TAP	B	0.02%	0.01%	0.01%
	TDG	D	0.15%	0.01%	0.01%
	TDY	B	0.04%	0.06%	0.04%
	TECH	D	0.02%	0.0%	0.0%
	TER	F	0.04%	0.03%	0.03%
	TFC	B	0.11%	0.09%	0.09%
	TFX	F	0.02%	0.0%	0.0%
	TGT	C	0.14%	0.14%	0.14%
	TJX	A	0.25%	0.33%	0.25%
	TMO	F	0.45%	0.06%	0.06%
	TMUS	A	0.19%	0.73%	0.19%
	TOST	A	0.02%	0.0%	0.0%
	TPL	B	0.03%	0.05%	0.03%
	TRGP	B	0.06%	0.04%	0.04%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	A	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.01%	0.01%
	TRV	B	0.1%	0.29%	0.1%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.38%	0.14%	0.14%
	TSN	B	0.03%	0.13%	0.03%
	TT	B	0.17%	0.14%	0.14%
	TTC	F	0.02%	0.02%	0.02%
	TTD	B	0.09%	0.0%	0.0%
	TTWO	A	0.05%	0.01%	0.01%
	TW	B	0.03%	0.0%	0.0%
	TWLO	B	0.02%	0.01%	0.01%
	TXN	B	0.36%	0.51%	0.36%
	TXT	D	0.03%	0.01%	0.01%
	TYL	B	0.05%	0.0%	0.0%
	UBER	F	0.29%	0.01%	0.01%
	UDR	C	0.03%	0.0%	0.0%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.03%	0.01%	0.01%
	ULTA	C	0.04%	0.07%	0.04%
	UNH	B	1.02%	1.34%	1.02%
	UNP	D	0.28%	0.27%	0.27%
	UPS	C	0.19%	0.07%	0.07%
	URI	B	0.1%	0.02%	0.02%
	USB	B	0.13%	0.09%	0.09%
	UTHR	B	0.03%	0.16%	0.03%
	V	A	0.82%	1.19%	0.82%
	VEEV	B	0.06%	0.05%	0.05%
	VICI	D	0.07%	0.02%	0.02%
	VLO	C	0.08%	0.07%	0.07%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.06%	0.01%	0.01%
	VRSK	A	0.07%	0.01%	0.01%
	VRSN	C	0.03%	0.14%	0.03%
	VRT	B	0.07%	0.0%	0.0%
	VRTX	B	0.23%	0.45%	0.23%
	VST	B	0.08%	0.01%	0.01%
	VTR	C	0.05%	0.01%	0.01%
	VTRS	B	0.03%	0.03%	0.03%
	VZ	D	0.36%	0.56%	0.36%
	WAB	B	0.06%	0.01%	0.01%
	WAT	B	0.04%	0.04%	0.04%
	WBA	D	0.01%	0.04%	0.01%
	WBD	B	0.04%	0.06%	0.04%
	WDAY	B	0.1%	0.04%	0.04%
	WDC	D	0.04%	0.01%	0.01%
	WEC	B	0.06%	0.19%	0.06%
	WELL	B	0.15%	0.02%	0.02%
	WFC	A	0.37%	0.27%	0.27%
	WLK	F	0.01%	0.0%	0.0%
	WM	A	0.16%	0.52%	0.16%
	WMB	B	0.1%	0.19%	0.1%
	WMT	A	0.66%	0.75%	0.66%
	WPC	F	0.03%	0.01%	0.01%
	WRB	B	0.03%	0.14%	0.03%
	WSM	F	0.04%	0.03%	0.03%
	WSO	B	0.03%	0.03%	0.03%
	WST	B	0.04%	0.04%	0.04%
	WTRG	C	0.02%	0.01%	0.01%
	WTW	A	0.06%	0.07%	0.06%
	WY	F	0.05%	0.02%	0.02%
	WYNN	C	0.02%	0.0%	0.0%
	XEL	A	0.07%	0.08%	0.07%
	XOM	B	1.0%	0.47%	0.47%
	XYL	F	0.06%	0.01%	0.01%
	YUM	B	0.07%	0.15%	0.07%
	Z	B	0.02%	0.0%	0.0%
	ZBH	C	0.04%	0.01%	0.01%
	ZBRA	B	0.04%	0.01%	0.01%
	ZM	B	0.03%	0.01%	0.01%
	ZTS	D	0.17%	0.15%	0.15%

VONE Overweight 409 Positions Relative to QWLD

	Symbol	Grade	Weight
	BLK	A	0.27%
	SPOT	A	0.1%
	NU	B	0.08%
	ALNY	D	0.07%
	MTD	F	0.06%
	TEAM	B	0.05%
	HUBS	B	0.05%
	CPNG	B	0.05%
	UAL	A	0.04%
	CVNA	B	0.04%
	MDB	C	0.04%
	FIX	B	0.03%
	CASY	B	0.03%
	USFD	B	0.03%
	RNR	D	0.03%
	RGA	A	0.03%
	NTRA	B	0.03%
	NTNX	B	0.03%
	RBA	B	0.03%
	IBKR	A	0.03%
	GWRE	A	0.03%
	ZS	B	0.03%
	THC	B	0.03%
	TOL	B	0.03%
	AXTA	A	0.02%
	BFAM	F	0.02%
	GMED	B	0.02%
	FCN	F	0.02%
	VOYA	B	0.02%
	COLD	F	0.02%
	HLI	B	0.02%
	SOFI	B	0.02%
	SSD	F	0.02%
	COKE	C	0.02%
	OGE	B	0.02%
	LNW	F	0.02%
	FMC	F	0.02%
	BRX	A	0.02%
	ATI	F	0.02%
	AR	B	0.02%
	GLOB	B	0.02%
	RGEN	C	0.02%
	BWA	B	0.02%
	MHK	D	0.02%
	AYI	A	0.02%
	ALSN	B	0.02%
	CNM	D	0.02%
	LAD	B	0.02%
	FHN	A	0.02%
	MEDP	D	0.02%
	GME	C	0.02%
	LBRDK	C	0.02%
	RBC	B	0.02%
	MORN	B	0.02%
	KBR	D	0.02%
	CROX	F	0.02%
	NNN	F	0.02%
	DCI	A	0.02%
	WEX	D	0.02%
	FYBR	D	0.02%
	NYT	C	0.02%
	HRB	D	0.02%
	NCLH	B	0.02%
	ORI	A	0.02%
	EGP	D	0.02%
	CIEN	B	0.02%
	INGR	B	0.02%
	GPK	D	0.02%
	CZR	F	0.02%
	PRI	B	0.02%
	CHE	D	0.02%
	TPX	B	0.02%
	PR	C	0.02%
	SNX	C	0.02%
	SKX	F	0.02%
	EVR	B	0.02%
	RGLD	C	0.02%
	WAL	B	0.02%
	MUSA	B	0.02%
	AFRM	B	0.02%
	GL	B	0.02%
	GNRC	B	0.02%
	SF	A	0.02%
	CHDN	B	0.02%
	FRT	B	0.02%
	EHC	B	0.02%
	EXP	B	0.02%
	AA	C	0.02%
	OWL	B	0.02%
	TKO	D	0.02%
	DOX	C	0.02%
	OLED	F	0.02%
	BWXT	B	0.02%
	PNW	A	0.02%
	SCCO	F	0.02%
	ARMK	B	0.02%
	HAS	D	0.02%
	OHI	C	0.02%
	WWD	B	0.02%
	ONTO	F	0.02%
	KNSL	C	0.02%
	DUOL	A	0.02%
	ATR	A	0.02%
	JEF	B	0.02%
	LECO	C	0.02%
	TPR	A	0.02%
	REXR	F	0.02%
	BJ	B	0.02%
	WMS	F	0.02%
	UNM	A	0.02%
	RRX	B	0.02%
	CACI	C	0.02%
	SCI	B	0.02%
	FTI	B	0.02%
	SRPT	F	0.02%
	EWBC	B	0.02%
	SAIA	B	0.02%
	NVT	C	0.02%
	LAMR	D	0.02%
	COHR	C	0.02%
	TXRH	A	0.02%
	PFGC	B	0.02%
	CUBE	D	0.02%
	ITT	A	0.02%
	WING	D	0.02%
	XPO	B	0.02%
	CW	C	0.02%
	CLH	B	0.02%
	JLL	C	0.02%
	TTEK	F	0.02%
	BLD	F	0.02%
	FND	F	0.02%
	RKT	F	0.01%
	AZTA	F	0.01%
	COLM	B	0.01%
	NWS	B	0.01%
	SPB	A	0.01%
	CACC	D	0.01%
	ALGM	F	0.01%
	BHF	B	0.01%
	CXT	F	0.01%
	PENN	B	0.01%
	CLVT	F	0.01%
	FHB	B	0.01%
	APLS	F	0.01%
	PK	C	0.01%
	CWEN	D	0.01%
	PAG	B	0.01%
	TDC	F	0.01%
	AMED	F	0.01%
	WEN	C	0.01%
	CC	C	0.01%
	LCID	F	0.01%
	ZI	C	0.01%
	NWL	B	0.01%
	TNL	A	0.01%
	PEGA	B	0.01%
	NVST	C	0.01%
	NSA	D	0.01%
	ZG	B	0.01%
	HIW	D	0.01%
	AMKR	F	0.01%
	BROS	B	0.01%
	MAN	F	0.01%
	DNB	B	0.01%
	SMG	D	0.01%
	IRDM	B	0.01%
	COTY	D	0.01%
	MPW	F	0.01%
	YETI	D	0.01%
	GTES	B	0.01%
	PRGO	C	0.01%
	EPR	D	0.01%
	CHH	B	0.01%
	DXC	B	0.01%
	NEU	C	0.01%
	KMPR	A	0.01%
	SPR	F	0.01%
	MSM	C	0.01%
	MSGS	B	0.01%
	GFS	C	0.01%
	HUN	F	0.01%
	WU	F	0.01%
	LOPE	B	0.01%
	IAC	F	0.01%
	AGO	B	0.01%
	WTM	A	0.01%
	FLO	F	0.01%
	EEFT	C	0.01%
	LITE	B	0.01%
	ASH	F	0.01%
	GAP	B	0.01%
	PII	F	0.01%
	SLGN	B	0.01%
	M	C	0.01%
	DLB	D	0.01%
	BYD	A	0.01%
	KRC	C	0.01%
	CUZ	B	0.01%
	HOG	D	0.01%
	OZK	B	0.01%
	AN	C	0.01%
	LYFT	B	0.01%
	PSN	C	0.01%
	AL	B	0.01%
	HCP	A	0.01%
	AVT	C	0.01%
	TPG	B	0.01%
	RYN	F	0.01%
	CPRI	F	0.01%
	ROIV	D	0.01%
	FIVE	F	0.01%
	JHG	A	0.01%
	CFLT	B	0.01%
	RH	C	0.01%
	OGN	F	0.01%
	AM	B	0.01%
	SLM	A	0.01%
	NXST	C	0.01%
	CIVI	D	0.01%
	IDA	A	0.01%
	HXL	F	0.01%
	UGI	D	0.01%
	FNB	B	0.01%
	APPF	B	0.01%
	VNT	C	0.01%
	SON	F	0.01%
	W	F	0.01%
	RARE	F	0.01%
	ST	F	0.01%
	DOCS	B	0.01%
	SEE	C	0.01%
	KD	A	0.01%
	COLB	A	0.01%
	OMF	A	0.01%
	FOUR	B	0.01%
	VVV	B	0.01%
	THG	A	0.01%
	LNC	B	0.01%
	TKR	F	0.01%
	BILL	B	0.01%
	THO	B	0.01%
	NFG	D	0.01%
	CELH	F	0.01%
	AWI	B	0.01%
	XRAY	F	0.01%
	PATH	C	0.01%
	SRCL	B	0.01%
	WHR	B	0.01%
	BC	D	0.01%
	AMG	B	0.01%
	MDU	D	0.01%
	SIRI	C	0.01%
	POST	D	0.01%
	OLN	F	0.01%
	MASI	B	0.01%
	VMI	B	0.01%
	ELF	C	0.01%
	PVH	C	0.01%
	ALK	A	0.01%
	MTDR	B	0.01%
	DAR	B	0.01%
	ACHC	F	0.01%
	OLLI	C	0.01%
	GXO	B	0.01%
	CLF	F	0.01%
	ESAB	B	0.01%
	AXS	A	0.01%
	GTLB	B	0.01%
	ESI	B	0.01%
	WFRD	F	0.01%
	WH	A	0.01%
	LEA	F	0.01%
	R	B	0.01%
	MTSI	B	0.01%
	ESTC	C	0.01%
	STWD	C	0.01%
	NOV	C	0.01%
	INSP	F	0.01%
	IONS	F	0.01%
	MTG	C	0.01%
	PB	B	0.01%
	DBX	B	0.01%
	RLI	A	0.01%
	FRPT	B	0.01%
	ETSY	D	0.01%
	IVZ	B	0.01%
	OSK	B	0.01%
	MSA	D	0.01%
	MTN	C	0.01%
	SNV	B	0.01%
	MAT	C	0.01%
	PCOR	B	0.01%
	CFR	B	0.01%
	S	B	0.01%
	LFUS	D	0.01%
	FAF	C	0.01%
	VKTX	F	0.01%
	LSTR	B	0.01%
	U	F	0.01%
	GNTX	C	0.01%
	FLS	B	0.01%
	ZION	B	0.01%
	AZEK	B	0.01%
	CRUS	F	0.01%
	JAZZ	B	0.01%
	G	B	0.01%
	WSC	F	0.01%
	VNO	C	0.01%
	RYAN	B	0.01%
	LPX	A	0.01%
	SITE	D	0.01%
	RHI	B	0.01%
	VFC	C	0.01%
	CBSH	A	0.01%
	CGNX	C	0.01%
	STAG	D	0.01%
	WTFC	B	0.01%
	PLNT	A	0.01%
	TREX	C	0.01%
	PCTY	B	0.01%
	ARW	F	0.01%
	BPOP	C	0.01%
	PEN	C	0.01%
	SAIC	D	0.01%
	KEX	A	0.01%
	SN	C	0.01%
	FR	D	0.01%
	MKSI	C	0.01%
	LSCC	D	0.01%
	ELAN	C	0.01%
	ADC	A	0.01%
	XP	F	0.01%
	WCC	B	0.01%
	MIDD	D	0.01%
	RRC	B	0.01%
	AAON	B	0.01%
	EXEL	B	0.01%
	PNFP	B	0.01%
	AAL	B	0.01%
	APG	C	0.01%
	ITCI	B	0.01%
	MTZ	B	0.01%
	SMAR	A	0.01%
	DTM	A	0.01%
	CR	B	0.01%
	BRKR	F	0.01%
	CMA	A	0.01%
	AGNC	C	0.01%
	SWN	C	0.01%
	WBS	A	0.01%
	BERY	D	0.01%
	X	D	0.01%
	BRBR	A	0.01%
	RL	B	0.01%
	AMC	C	0.0%
	SEG	F	0.0%
	CWEN	D	0.0%
	PLTK	B	0.0%
	NFE	F	0.0%
	TFSL	A	0.0%
	SEB	F	0.0%
	UWMC	F	0.0%
	DJT	C	0.0%
	PYCR	B	0.0%
	UI	B	0.0%
	CNA	C	0.0%
	DDS	B	0.0%
	SNDR	B	0.0%
	WOLF	F	0.0%
	LBRDA	C	0.0%
	UA	B	0.0%
	CERT	F	0.0%
	TRIP	D	0.0%
	CAR	C	0.0%
	INFA	F	0.0%
	REYN	D	0.0%
	GO	C	0.0%
	LEG	F	0.0%
	FTRE	D	0.0%
	PPC	C	0.0%
	PINC	B	0.0%
	BIRK	F	0.0%
	QS	F	0.0%
	IPGP	C	0.0%
	VSTS	D	0.0%
	FIVN	C	0.0%
	ADTN	B	0.0%
	HAYW	B	0.0%
	UAA	B	0.0%
	RCM	B	0.0%
	BOKF	B	0.0%
	JWN	B	0.0%
	ENOV	C	0.0%
	AAP	C	0.0%
	MP	C	0.0%
	HHH	B	0.0%
	KSS	D	0.0%
	DV	C	0.0%
	SHC	D	0.0%
	TXG	F	0.0%
	CRI	D	0.0%
	VIRT	B	0.0%
	CNXC	F	0.0%
	RNG	C	0.0%
	AGR	C	0.0%
	VAC	B	0.0%
	SAM	B	0.0%
	NCNO	B	0.0%

VONE Underweight 39 Positions Relative to QWLD

	Symbol	Grade	Weight
	NVS	F	-0.81%
	UL	D	-0.27%
	WCN	A	-0.26%
	HSBH	A	-0.25%
	MFG	A	-0.22%
	LRCX	F	-0.2%
	CHKP	C	-0.17%
	TM	F	-0.14%
	MUFG	A	-0.13%
	TD	D	-0.12%
	E	F	-0.12%
	ERIE	F	-0.12%
	DEO	F	-0.11%
	BCS	B	-0.11%
	SMFG	A	-0.1%
	CNI	F	-0.1%
	LYG	D	-0.09%
	SONY	C	-0.08%
	STLA	F	-0.08%
	HMC	F	-0.07%
	LOGI	F	-0.06%
	MT	C	-0.05%
	BTI	C	-0.04%
	NMR	B	-0.02%
	NXPI	F	-0.02%
	AER	B	-0.02%
	MBAVU	C	-0.01%
	STX	D	-0.01%
	CCEP	C	-0.01%
	SE	B	-0.01%
	WFG	C	-0.01%
	MELI	D	-0.01%
	GLBE	B	-0.0%
	IOT	B	-0.0%
	XRX	F	-0.0%
	SNAP	C	-0.0%
	FUTU	C	-0.0%
	GRAB	B	-0.0%
	OTEX	F	-0.0%

VONE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Business Services Asset Management Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Semiconductors Oil & Gas E&P Specialty Retail Capital Markets Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Aerospace & Defense Packaging & Containers Building Materials

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

QWLD: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management 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