BTAL vs. BLV ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Vanguard Long-Term Bond ETF (BLV)

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.20

Average Daily Volume

467,825

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.23

Average Daily Volume

641,994

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	BLV
30 Days	-2.59%	-1.41%
60 Days	-1.84%	-6.48%
90 Days	-2.74%	-5.20%
12 Months	-5.88%	6.65%

114 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in BLV	Overlap
ABBV	F	0.36%	0.02%	0.02%
ACGL	C	0.38%	0.01%	0.01%
ADC	A	0.45%	0.01%	0.01%
AEE	A	0.49%	0.01%	0.01%
AES	F	-0.35%	0.01%	-0.35%
AIZ	A	0.48%	0.01%	0.01%
ALB	B	-0.52%	0.01%	-0.52%
ALL	A	0.48%	0.01%	0.01%
ALLY	C	-0.37%	0.04%	-0.37%
AMGN	F	0.37%	0.02%	0.02%
AON	A	0.47%	0.01%	0.01%
ARE	F	-0.4%	0.01%	-0.4%
AVB	B	0.45%	0.01%	0.01%
AVGO	D	-0.45%	0.03%	-0.45%
AWK	C	-0.42%	0.01%	-0.42%
BMY	B	0.51%	0.01%	0.01%
BWA	D	0.44%	0.01%	0.01%
CARR	C	-0.45%	0.04%	-0.45%
CB	C	0.45%	0.01%	0.01%
CF	A	0.46%	0.02%	0.02%
CFG	B	-0.49%	0.01%	-0.49%
CHD	A	0.47%	0.01%	0.01%
CI	D	0.4%	0.01%	0.01%
CINF	A	0.49%	0.01%	0.01%
CME	B	0.47%	0.02%	0.02%
CMS	C	0.44%	0.01%	0.01%
CPB	D	0.38%	0.01%	0.01%
CSCO	B	0.49%	0.03%	0.03%
CSX	C	0.45%	0.01%	0.01%
D	C	-0.45%	0.01%	-0.45%
DD	C	0.43%	0.04%	0.04%
DELL	B	-0.53%	0.04%	-0.53%
DGX	A	0.45%	0.01%	0.01%
DRI	B	0.46%	0.01%	0.01%
DUK	C	0.43%	0.01%	0.01%
DVN	F	0.37%	0.01%	0.01%
ED	C	0.42%	0.01%	0.01%
EG	C	0.42%	0.01%	0.01%
EL	F	-0.31%	0.01%	-0.31%
EQR	C	0.44%	0.01%	0.01%
ETN	A	-0.52%	0.01%	-0.52%
FANG	C	0.39%	0.02%	0.02%
FMC	D	0.37%	0.01%	0.01%
FOXA	A	0.48%	0.02%	0.02%
GD	D	0.41%	0.01%	0.01%
GILD	C	0.49%	0.01%	0.01%
GIS	D	0.38%	0.01%	0.01%
GLW	B	0.47%	0.01%	0.01%
HIG	B	0.45%	0.01%	0.01%
HON	C	0.47%	0.01%	0.01%
HPQ	B	0.45%	0.03%	0.03%
HUM	C	0.34%	0.01%	0.01%
IBM	C	0.45%	0.01%	0.01%
INTC	C	-0.54%	0.01%	-0.54%
JNJ	C	0.42%	0.01%	0.01%
JNPR	D	0.39%	0.01%	0.01%
KMI	A	0.56%	0.01%	0.01%
KO	D	0.37%	0.01%	0.01%
KR	B	0.47%	0.01%	0.01%
KRC	B	-0.46%	0.01%	-0.46%
KSS	F	-0.39%	0.01%	-0.39%
L	A	0.45%	0.01%	0.01%
LMT	D	0.38%	0.01%	0.01%
LNC	C	-0.48%	0.01%	-0.48%
LNT	A	0.46%	0.01%	0.01%
LRCX	F	-0.36%	0.01%	-0.36%
MCD	D	0.42%	0.01%	0.01%
MKC	C	0.41%	0.01%	0.01%
MKL	A	0.53%	0.01%	0.01%
MMC	B	0.42%	0.01%	0.01%
MOS	F	0.38%	0.01%	0.01%
MSFT	D	0.43%	0.01%	0.01%
MSI	B	0.51%	0.01%	0.01%
NEM	D	0.35%	0.01%	0.01%
NOC	D	0.4%	0.01%	0.01%
NVDA	B	-0.48%	0.02%	-0.48%
NWE	B	-0.45%	0.01%	-0.45%
O	C	0.39%	0.01%	0.01%
OC	A	-0.46%	0.01%	-0.46%
OHI	C	0.43%	0.02%	0.02%
ORI	A	0.46%	0.01%	0.01%
PFE	F	0.37%	0.01%	0.01%
PGR	A	0.45%	0.01%	0.01%
PKG	A	0.49%	0.01%	0.01%
PLD	F	-0.39%	0.01%	-0.39%
PNW	A	0.45%	0.01%	0.01%
PYPL	B	-0.52%	0.02%	-0.52%
REG	A	0.45%	0.01%	0.01%
RF	A	-0.5%	0.01%	-0.5%
RSG	A	0.43%	0.01%	0.01%
RTX	D	0.43%	0.01%	0.01%
SBRA	C	0.47%	0.01%	0.01%
SCHW	B	-0.56%	0.01%	-0.56%
SHW	B	-0.47%	0.01%	-0.47%
SIGI	C	0.48%	0.01%	0.01%
SNA	A	0.55%	0.01%	0.01%
T	A	0.5%	0.01%	0.01%
TGT	F	-0.44%	0.01%	-0.44%
TJX	A	0.43%	0.01%	0.01%
TMUS	B	0.49%	0.01%	0.01%
TRV	B	0.52%	0.01%	0.01%
TT	A	-0.51%	0.01%	-0.51%
UNH	B	0.43%	0.01%	0.01%
UNM	A	0.57%	0.01%	0.01%
VTRS	A	0.48%	0.02%	0.02%
VZ	C	0.44%	0.01%	0.01%
WBA	F	-0.4%	0.01%	-0.4%
WEC	A	0.46%	0.01%	0.01%
WELL	A	0.5%	0.01%	0.01%
WM	B	0.45%	0.01%	0.01%
WPC	C	0.41%	0.01%	0.01%
WRB	A	0.45%	0.01%	0.01%
XEL	A	0.5%	0.01%	0.01%
XOM	B	0.44%	0.01%	0.01%

BTAL Overweight 278 Positions Relative to BLV

Symbol	Grade	Weight
MSTR	B	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
PAYC	B	0.59%
HQY	A	0.58%
ALSN	B	0.56%
CFLT	B	0.56%
NWL	C	0.54%
BKR	A	0.53%
PCTY	C	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
FFIV	B	0.52%
FTNT	C	0.52%
TXRH	B	0.51%
RLI	A	0.51%
PCAR	B	0.51%
MCK	A	0.51%
THG	A	0.51%
LNG	A	0.51%
CHH	A	0.5%
PNM	B	0.5%
ORLY	B	0.5%
G	B	0.49%
VFC	C	0.48%
RGA	A	0.48%
LULU	C	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
DBX	B	0.47%
PAYX	B	0.47%
HEI	A	0.47%
CW	C	0.47%
RYAN	A	0.47%
EDR	A	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
ADP	A	0.46%
UTHR	C	0.45%
CMG	B	0.45%
ARMK	B	0.45%
COR	B	0.45%
WTW	B	0.45%
ROP	B	0.45%
CHRW	B	0.45%
JAZZ	B	0.44%
ACN	B	0.44%
DECK	A	0.44%
CDP	C	0.44%
NEU	D	0.44%
CBOE	C	0.43%
DOX	D	0.43%
VRSN	C	0.43%
DLB	B	0.43%
CLH	C	0.43%
ZI	D	0.43%
CTSH	B	0.43%
YUM	D	0.43%
MUSA	B	0.43%
X	B	0.43%
ELS	C	0.43%
CCK	D	0.43%
MSM	C	0.43%
COLM	C	0.43%
FLO	D	0.42%
AVT	C	0.42%
VICI	C	0.42%
CACI	D	0.42%
CXT	C	0.42%
GLPI	C	0.42%
HRB	D	0.41%
J	D	0.41%
SNX	D	0.41%
OLLI	D	0.41%
PAG	B	0.41%
BG	D	0.4%
SAIC	F	0.4%
CHE	D	0.4%
MSA	F	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
AMCR	C	0.39%
KHC	F	0.38%
ON	D	0.38%
ERIE	D	0.38%
OXY	D	0.38%
FCN	F	0.38%
MAN	F	0.37%
KBR	F	0.37%
ARW	D	0.37%
GPC	D	0.37%
TNET	F	0.37%
MUR	D	0.37%
ST	F	0.36%
MOH	F	0.36%
AKAM	D	0.36%
MTCH	D	0.35%
FOXF	F	0.35%
AZO	C	0.33%
ELV	F	0.33%
MDU	D	0.32%
CNC	D	0.32%
SRPT	F	0.32%
BMRN	F	0.29%
AGL	F	0.16%
SMCI	F	-0.18%
SEDG	F	-0.19%
RUN	F	-0.21%
MRNA	F	-0.22%
CNXC	F	-0.23%
ENPH	F	-0.23%
MPWR	F	-0.24%
CE	F	-0.24%
WOLF	F	-0.25%
TXG	F	-0.26%
NTLA	F	-0.27%
RKT	F	-0.29%
CELH	F	-0.29%
RIVN	F	-0.3%
OPEN	F	-0.3%
TER	F	-0.33%
BRZE	C	-0.33%
COTY	F	-0.33%
AMKR	D	-0.34%
ELF	C	-0.35%
EFX	F	-0.35%
SHLS	F	-0.35%
ARWR	D	-0.35%
TFX	F	-0.36%
DKS	D	-0.37%
WMS	F	-0.37%
RGEN	D	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
IDXX	F	-0.39%
ELAN	D	-0.39%
PINS	F	-0.4%
FND	D	-0.4%
MKSI	C	-0.4%
AMD	F	-0.4%
BLD	D	-0.4%
KMX	B	-0.4%
FBIN	D	-0.41%
ROIV	C	-0.41%
AGNC	C	-0.41%
W	D	-0.41%
POWI	F	-0.41%
CRL	D	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
FCX	F	-0.42%
CZR	F	-0.42%
UBER	F	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
ILMN	C	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	F	-0.43%
SEE	C	-0.44%
THO	B	-0.44%
BLDR	D	-0.44%
F	C	-0.44%
TRU	D	-0.44%
EW	C	-0.44%
UGI	C	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	C	-0.44%
TREX	C	-0.45%
DAR	C	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
SMG	C	-0.46%
VEEV	C	-0.46%
BXP	C	-0.46%
LAMR	C	-0.46%
ZS	B	-0.46%
JLL	D	-0.46%
ANET	C	-0.46%
PENN	C	-0.46%
TOL	B	-0.47%
ROKU	D	-0.47%
HHH	B	-0.47%
TROW	B	-0.48%
AXTA	B	-0.49%
OZK	B	-0.49%
USFD	A	-0.49%
PFGC	B	-0.49%
ITT	A	-0.49%
NRG	B	-0.49%
WAL	B	-0.49%
GH	B	-0.49%
SNAP	D	-0.49%
USB	A	-0.49%
NVT	B	-0.49%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	B	-0.51%
PWR	A	-0.51%
GNRC	C	-0.51%
CBRE	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	C	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
IOT	A	-0.52%
URI	C	-0.52%
VNO	C	-0.52%
ZION	B	-0.53%
MDB	B	-0.53%
AR	B	-0.53%
JHG	B	-0.53%
EXP	B	-0.53%
RH	C	-0.53%
FYBR	C	-0.53%
DKNG	B	-0.53%
SNV	C	-0.54%
BLK	B	-0.54%
FOUR	A	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	B	-0.54%
CG	B	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	A	-0.56%
DAY	B	-0.56%
Z	A	-0.56%
GME	C	-0.56%
EXPE	B	-0.56%
MRVL	B	-0.56%
TDOC	C	-0.56%
NTRA	A	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	A	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
DASH	B	-0.59%
SAIA	B	-0.59%
SQ	A	-0.6%
LYV	A	-0.62%
LITE	B	-0.62%
DUOL	A	-0.63%
CCL	A	-0.63%
LYFT	C	-0.65%
VRT	B	-0.67%
CVNA	B	-0.68%
DAL	B	-0.68%
PTON	A	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
VST	A	-0.76%
SOFI	B	-0.79%
AFRM	A	-0.84%
PLTR	B	-0.87%

BTAL Underweight 228 Positions Relative to BLV

Symbol	Grade	Weight
WIT	B	-1.44%
MDT	D	-0.05%
COST	A	-0.04%
FITB	B	-0.04%
HPE	B	-0.04%
WY	F	-0.04%
EQH	C	-0.04%
NUE	C	-0.03%
SCCO	F	-0.03%
TAP	C	-0.03%
CRM	B	-0.03%
HAL	C	-0.03%
BHP	F	-0.03%
AMZN	C	-0.03%
TEL	B	-0.02%
AXP	A	-0.02%
LEA	F	-0.02%
MDLZ	F	-0.02%
VMC	B	-0.02%
BHF	C	-0.02%
AJG	A	-0.02%
EBAY	D	-0.02%
GPN	B	-0.02%
WU	F	-0.02%
WHR	B	-0.02%
MAR	A	-0.02%
ADI	D	-0.02%
ICE	C	-0.02%
VLO	C	-0.02%
CAG	F	-0.02%
GOOGL	C	-0.02%
GM	C	-0.02%
BIIB	F	-0.02%
BABA	D	-0.02%
PSX	C	-0.02%
GSK	F	-0.02%
AAPL	C	-0.02%
MS	A	-0.02%
CPT	B	-0.01%
VTR	B	-0.01%
STLD	B	-0.01%
RPM	A	-0.01%
PECO	A	-0.01%
DOC	C	-0.01%
BAX	F	-0.01%
AGO	B	-0.01%
AAT	B	-0.01%
BEN	C	-0.01%
CACC	D	-0.01%
HIW	C	-0.01%
JD	D	-0.01%
FRT	B	-0.01%
FNF	B	-0.01%
AVA	A	-0.01%
CHI	A	-0.01%
UDR	B	-0.01%
SWX	B	-0.01%
DT	D	-0.01%
EXR	C	-0.01%
XYL	D	-0.01%
OPI	F	-0.01%
PDM	D	-0.01%
K	A	-0.01%
IDA	A	-0.01%
MAA	B	-0.01%
LXP	D	-0.01%
WTRG	B	-0.01%
WEST	C	-0.01%
NYC	D	-0.01%
KIM	A	-0.01%
INGR	C	-0.01%
EQIX	A	-0.01%
EOG	A	-0.01%
FTV	C	-0.01%
DOV	A	-0.01%
CAH	B	-0.01%
AFL	B	-0.01%
AFG	A	-0.01%
APTV	F	-0.01%
COO	D	-0.01%
UAL	A	-0.01%
VOYA	B	-0.01%
VMI	B	-0.01%
STE	D	-0.01%
ROK	C	-0.01%
ZBH	C	-0.01%
NOV	C	-0.01%
NNN	C	-0.01%
NDAQ	A	-0.01%
OGE	A	-0.01%
LHX	C	-0.01%
LH	B	-0.01%
NXPI	D	-0.01%
IVZ	B	-0.01%
HRL	D	-0.01%
HOG	D	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
ESS	B	-0.01%
DG	F	-0.01%
FE	C	-0.01%
EE	A	-0.01%
EA	A	-0.01%
CMI	A	-0.01%
CL	D	-0.01%
PFG	D	-0.01%
REGN	F	-0.01%
SPGI	C	-0.01%
SYK	B	-0.01%
SWK	D	-0.01%
VRSK	A	-0.01%
STZ	D	-0.01%
PEG	A	-0.01%
ATO	A	-0.01%
AEP	C	-0.01%
ADM	D	-0.01%
CTS	C	-0.01%
DTE	C	-0.01%
EVRG	A	-0.01%
FIS	C	-0.01%
IFF	D	-0.01%
JCI	B	-0.01%
KMB	C	-0.01%
ES	C	-0.01%
KDP	F	-0.01%
MLM	C	-0.01%
OTIS	C	-0.01%
NEE	C	-0.01%
OKE	A	-0.01%
LIN	C	-0.01%
OGS	A	-0.01%
MCO	B	-0.01%
PPL	A	-0.01%
MAS	D	-0.01%
SJM	D	-0.01%
RPRX	D	-0.01%
PG	C	-0.01%
BKH	A	-0.01%
APD	A	-0.01%
CCI	C	-0.01%
AMAT	F	-0.01%
CP	F	-0.01%
CNP	A	-0.01%
EMN	C	-0.01%
DE	B	-0.01%
IPG	D	-0.01%
IP	A	-0.01%
JBLU	F	-0.01%
GWW	B	-0.01%
NI	A	-0.01%
PAA	B	-0.01%
MRO	B	-0.01%
ITW	B	-0.01%
HSY	F	-0.01%
WLK	D	-0.01%
EQNR	C	-0.01%
EIX	B	-0.01%
ECL	D	-0.01%
CVX	A	-0.01%
KOF	F	-0.01%
KLAC	F	-0.01%
NKE	F	-0.01%
NSC	B	-0.01%
LLY	F	-0.01%
ZTS	D	-0.01%
LYB	F	-0.01%
TMO	F	-0.01%
PM	B	-0.01%
PH	A	-0.01%
RJF	A	-0.01%
AMT	C	-0.01%
UPS	C	-0.01%
EXC	C	-0.01%
DOW	F	-0.01%
BSX	A	-0.01%
ETR	B	-0.01%
HES	B	-0.01%
DHR	F	-0.01%
MPC	D	-0.01%
MMM	D	-0.01%
MUFG	B	-0.01%
PEP	F	-0.01%
SBUX	A	-0.01%
SPG	A	-0.01%
SRE	A	-0.01%
PHM	D	-0.01%
MET	A	-0.01%
AIG	B	-0.01%
ET	A	-0.01%
FDX	B	-0.01%
MRK	D	-0.01%
WMB	A	-0.01%
SYY	D	-0.01%
PRU	A	-0.01%
CAT	B	-0.01%
TXN	C	-0.01%
TSN	B	-0.01%
EPD	A	-0.01%
MPLX	A	-0.01%
WMT	A	-0.01%
BDX	F	-0.01%
C	A	-0.01%
LOW	C	-0.01%
SO	C	-0.01%
MA	B	-0.01%
HCA	F	-0.01%
ABT	B	-0.01%
DIS	B	-0.01%
MO	A	-0.01%
QCOM	F	-0.01%
UNP	C	-0.01%
COP	C	-0.01%
V	A	-0.01%
AZN	F	-0.01%
VOD	F	-0.01%
JPM	A	-0.01%
HSBC	A	-0.01%
HD	B	-0.01%
ORCL	A	-0.01%
PCG	A	-0.01%
CMCSA	B	-0.01%
CHTR	C	-0.01%
WFC	A	-0.01%
BAC	A	-0.01%
BA	F	-0.01%
GS	A	-0.01%
CVS	D	-0.01%
GE	D	-0.01%