BTAL vs. ESMV ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to iShares ESG MSCI USA Min Vol Factor ETF (ESMV)

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

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

ESMV

iShares ESG MSCI USA Min Vol Factor ETF

ESMV Description

iShares ESG MSCI USA Min Vol Factor ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in less volatile stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index, by using representative sampling technique. iShares ESG MSCI USA Min Vol Factor ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

4,983

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	ESMV
30 Days	-4.57%	2.11%
60 Days	-3.16%	2.84%
90 Days	-3.70%	4.91%
12 Months	-6.81%	24.44%

61 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in ESMV	Overlap
ACN	C	0.44%	1.33%	0.44%
ADP	B	0.46%	1.43%	0.46%
AIZ	A	0.48%	0.19%	0.19%
AKAM	D	0.36%	0.3%	0.3%
AMCR	D	0.39%	0.34%	0.34%
AMGN	D	0.37%	1.2%	0.37%
AON	A	0.47%	0.06%	0.06%
AWK	D	-0.42%	0.22%	-0.42%
AZO	C	0.33%	0.41%	0.33%
BMY	B	0.51%	0.28%	0.28%
CBRE	B	-0.51%	0.51%	-0.51%
CHD	B	0.47%	0.41%	0.41%
CHRW	C	0.45%	0.49%	0.45%
CI	F	0.4%	0.44%	0.4%
CME	A	0.47%	0.43%	0.43%
CMS	C	0.44%	0.58%	0.44%
COR	B	0.45%	0.77%	0.45%
CPB	D	0.38%	0.33%	0.33%
CSCO	B	0.49%	1.48%	0.49%
CTSH	B	0.43%	0.3%	0.3%
DECK	A	0.44%	0.41%	0.41%
DGX	A	0.45%	0.7%	0.45%
ED	D	0.42%	1.26%	0.42%
ELV	F	0.33%	0.51%	0.33%
FFIV	B	0.52%	0.12%	0.12%
GILD	C	0.49%	1.29%	0.49%
GIS	D	0.38%	1.22%	0.38%
HON	B	0.47%	0.69%	0.47%
HUM	C	0.34%	0.31%	0.31%
IBM	C	0.45%	1.66%	0.45%
INTC	D	-0.54%	0.34%	-0.54%
JNJ	D	0.42%	0.97%	0.42%
JNPR	F	0.39%	0.45%	0.39%
KHC	F	0.38%	0.34%	0.34%
KO	D	0.37%	0.79%	0.37%
KR	B	0.47%	1.09%	0.47%
MCD	D	0.42%	1.02%	0.42%
MCK	B	0.51%	1.38%	0.51%
MKC	D	0.41%	0.12%	0.12%
MMC	B	0.42%	1.4%	0.42%
MSFT	F	0.43%	1.34%	0.43%
MSI	B	0.51%	1.81%	0.51%
NEM	D	0.35%	0.99%	0.35%
NOC	D	0.4%	1.43%	0.4%
NVDA	C	-0.48%	1.69%	-0.48%
PGR	A	0.45%	1.33%	0.45%
ROP	B	0.45%	1.31%	0.45%
RSG	A	0.43%	0.18%	0.18%
RTX	C	0.43%	0.43%	0.43%
T	A	0.5%	0.4%	0.4%
TJX	A	0.43%	0.06%	0.06%
TMUS	B	0.49%	1.65%	0.49%
TRV	B	0.52%	1.64%	0.52%
TT	A	-0.51%	1.23%	-0.51%
UBER	D	-0.42%	0.42%	-0.42%
UNH	C	0.43%	1.36%	0.43%
VRSN	F	0.43%	0.32%	0.32%
VZ	C	0.44%	1.37%	0.44%
WM	A	0.45%	1.44%	0.45%
WTW	B	0.45%	0.17%	0.17%
YUM	B	0.43%	0.39%	0.39%

BTAL Overweight 331 Positions Relative to ESMV

Symbol	Grade	Weight
MSTR	C	1.19%
BILL	A	0.68%
IBKR	A	0.62%
SFM	A	0.6%
LPLA	A	0.59%
PAYC	B	0.59%
HQY	B	0.58%
UNM	A	0.57%
ALSN	B	0.56%
KMI	A	0.56%
CFLT	B	0.56%
SNA	A	0.55%
NWL	B	0.54%
BKR	B	0.53%
PCTY	B	0.53%
MKL	A	0.53%
WH	B	0.53%
BWXT	B	0.53%
TGNA	B	0.53%
FTNT	C	0.52%
TXRH	C	0.51%
RLI	B	0.51%
PCAR	B	0.51%
THG	A	0.51%
LNG	B	0.51%
WELL	A	0.5%
CHH	A	0.5%
XEL	A	0.5%
PNM	F	0.5%
ORLY	B	0.5%
AEE	A	0.49%
CINF	A	0.49%
G	B	0.49%
PKG	A	0.49%
ALL	A	0.48%
VFC	C	0.48%
SIGI	C	0.48%
FOXA	B	0.48%
RGA	A	0.48%
VTRS	A	0.48%
LULU	C	0.48%
AXS	A	0.48%
TDY	B	0.48%
BRO	B	0.47%
SBRA	C	0.47%
DBX	B	0.47%
PAYX	C	0.47%
GLW	B	0.47%
HEI	B	0.47%
CW	B	0.47%
RYAN	B	0.47%
EDR	A	0.46%
DRI	B	0.46%
WEN	D	0.46%
SLGN	A	0.46%
RNR	C	0.46%
LNT	A	0.46%
CF	B	0.46%
WEC	A	0.46%
ORI	A	0.46%
UTHR	C	0.45%
WRB	A	0.45%
CB	C	0.45%
CSX	B	0.45%
CMG	B	0.45%
REG	B	0.45%
AVB	B	0.45%
ARMK	B	0.45%
HIG	B	0.45%
ADC	B	0.45%
HPQ	B	0.45%
L	A	0.45%
PNW	B	0.45%
XOM	B	0.44%
JAZZ	B	0.44%
EQR	B	0.44%
BWA	D	0.44%
CDP	C	0.44%
NEU	C	0.44%
CBOE	B	0.43%
DOX	D	0.43%
DLB	B	0.43%
CLH	B	0.43%
ZI	D	0.43%
MUSA	A	0.43%
DD	D	0.43%
X	C	0.43%
OHI	C	0.43%
ELS	C	0.43%
CCK	C	0.43%
DUK	C	0.43%
MSM	C	0.43%
COLM	B	0.43%
FLO	D	0.42%
AVT	C	0.42%
VICI	C	0.42%
CACI	D	0.42%
CXT	B	0.42%
GLPI	C	0.42%
EG	C	0.42%
HRB	D	0.41%
J	F	0.41%
WPC	D	0.41%
SNX	C	0.41%
OLLI	D	0.41%
GD	F	0.41%
PAG	B	0.41%
BG	F	0.4%
SAIC	F	0.4%
CHE	D	0.4%
MSA	D	0.4%
TXT	D	0.4%
ASGN	F	0.39%
WTM	A	0.39%
O	D	0.39%
FANG	D	0.39%
ON	D	0.38%
ACGL	D	0.38%
ERIE	D	0.38%
OXY	D	0.38%
MOS	F	0.38%
LMT	D	0.38%
FCN	D	0.38%
FMC	D	0.37%
MAN	D	0.37%
KBR	F	0.37%
ARW	D	0.37%
GPC	D	0.37%
TNET	D	0.37%
PFE	D	0.37%
DVN	F	0.37%
MUR	D	0.37%
ST	F	0.36%
ABBV	D	0.36%
MOH	F	0.36%
MTCH	D	0.35%
FOXF	F	0.35%
MDU	D	0.32%
CNC	D	0.32%
SRPT	D	0.32%
BMRN	D	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	D	-0.3%
EL	F	-0.31%
TER	D	-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	F	-0.35%
AES	F	-0.35%
LRCX	F	-0.36%
TFX	F	-0.36%
DKS	C	-0.37%
WMS	D	-0.37%
RGEN	D	-0.37%
ALLY	C	-0.37%
NVCR	C	-0.38%
RIG	D	-0.38%
CNM	D	-0.38%
DINO	D	-0.39%
PLD	D	-0.39%
IDXX	F	-0.39%
KSS	F	-0.39%
ELAN	D	-0.39%
PINS	D	-0.4%
WBA	F	-0.4%
ARE	D	-0.4%
FND	C	-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	D	-0.41%
W	F	-0.41%
POWI	D	-0.41%
CRL	C	-0.41%
DNLI	D	-0.42%
CHX	C	-0.42%
FCX	D	-0.42%
CZR	F	-0.42%
CWEN	C	-0.42%
CSGP	D	-0.42%
MU	D	-0.43%
ILMN	D	-0.43%
CC	C	-0.43%
CRSP	D	-0.43%
MGM	D	-0.43%
ALGN	D	-0.43%
PATH	C	-0.43%
SSD	D	-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	A	-0.44%
RYN	D	-0.44%
APG	B	-0.44%
BBWI	D	-0.44%
TGT	F	-0.44%
TREX	C	-0.45%
NWE	B	-0.45%
D	C	-0.45%
DAR	C	-0.45%
CARR	D	-0.45%
MTDR	B	-0.45%
RMD	C	-0.45%
AVGO	D	-0.45%
OC	A	-0.46%
SMG	D	-0.46%
VEEV	C	-0.46%
BXP	D	-0.46%
LAMR	D	-0.46%
ZS	C	-0.46%
KRC	C	-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%
SHW	A	-0.47%
TROW	B	-0.48%
LNC	B	-0.48%
AXTA	A	-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	C	-0.49%
USB	A	-0.49%
CFG	B	-0.49%
NVT	B	-0.49%
RF	A	-0.5%
TTD	B	-0.5%
NET	B	-0.5%
CAR	C	-0.51%
RMBS	C	-0.51%
PWR	A	-0.51%
GNRC	B	-0.51%
RBLX	C	-0.51%
RRC	B	-0.51%
LPX	B	-0.52%
CEG	D	-0.52%
COHR	B	-0.52%
PEN	B	-0.52%
ETN	A	-0.52%
IOT	A	-0.52%
URI	B	-0.52%
VNO	B	-0.52%
PYPL	B	-0.52%
ALB	C	-0.52%
DELL	C	-0.53%
ZION	B	-0.53%
MDB	C	-0.53%
AR	B	-0.53%
JHG	A	-0.53%
EXP	A	-0.53%
RH	B	-0.53%
FYBR	D	-0.53%
DKNG	B	-0.53%
SNV	B	-0.54%
BLK	C	-0.54%
FOUR	B	-0.54%
NTRS	A	-0.54%
XPO	B	-0.54%
CMA	A	-0.54%
CG	A	-0.55%
KKR	A	-0.55%
PNFP	B	-0.55%
WCC	B	-0.55%
AA	B	-0.56%
SCHW	B	-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	B	-0.56%
BX	A	-0.57%
CRWD	B	-0.57%
GTLS	B	-0.58%
OWL	A	-0.58%
TPG	A	-0.58%
EQT	B	-0.59%
PODD	C	-0.59%
DASH	A	-0.59%
SAIA	B	-0.59%
SQ	B	-0.6%
LYV	A	-0.62%
LITE	B	-0.62%
DUOL	A	-0.63%
CCL	B	-0.63%
LYFT	C	-0.65%
VRT	B	-0.67%
CVNA	B	-0.68%
DAL	C	-0.68%
PTON	B	-0.69%
TSLA	B	-0.7%
TOST	B	-0.71%
COIN	C	-0.71%
HOOD	B	-0.72%
AXON	A	-0.74%
VST	B	-0.76%
SOFI	A	-0.79%
AFRM	B	-0.84%
PLTR	B	-0.87%

BTAL Underweight 89 Positions Relative to ESMV

Symbol	Grade	Weight
GWW	B	-1.68%
PEG	A	-1.64%
TXN	C	-1.39%
VRTX	F	-1.39%
HD	A	-1.39%
EA	A	-1.31%
HES	B	-1.3%
FERG	B	-1.3%
LLY	F	-1.25%
OKE	A	-1.24%
CL	D	-1.21%
ORCL	B	-1.19%
V	A	-1.13%
CDNS	B	-1.11%
SPGI	C	-1.07%
PG	A	-1.06%
VLTO	D	-1.01%
MRK	F	-1.01%
PEP	F	-1.01%
MA	C	-0.97%
ADBE	C	-0.93%
LOW	D	-0.89%
K	A	-0.86%
KEYS	A	-0.83%
TRGP	B	-0.82%
PTC	A	-0.78%
WDAY	B	-0.77%
HUBS	A	-0.77%
HPE	B	-0.75%
CRH	A	-0.75%
CRM	B	-0.74%
EQIX	A	-0.74%
IT	C	-0.72%
REGN	F	-0.65%
ZTS	D	-0.63%
KMB	D	-0.55%
FICO	B	-0.54%
SRE	A	-0.53%
AAPL	C	-0.52%
HOLX	D	-0.51%
NEE	D	-0.5%
MELI	D	-0.44%
ODFL	B	-0.4%
ES	D	-0.4%
ICE	C	-0.39%
GEN	B	-0.38%
STX	D	-0.36%
HRL	D	-0.35%
CLX	B	-0.34%
FI	A	-0.34%
CVX	A	-0.34%
SNPS	B	-0.33%
NXPI	D	-0.32%
ECL	D	-0.32%
PSX	C	-0.32%
CNH	C	-0.31%
BR	A	-0.31%
LKQ	D	-0.3%
ALNY	D	-0.28%
TSCO	D	-0.27%
INCY	C	-0.26%
AJG	B	-0.25%
XYL	D	-0.25%
JCI	C	-0.24%
FCNCA	A	-0.24%
ADSK	A	-0.23%
OTIS	C	-0.21%
FSLR	F	-0.19%
GDDY	A	-0.19%
INTU	C	-0.18%
ULTA	F	-0.17%
NOW	A	-0.17%
AZPN	A	-0.17%
KDP	D	-0.16%
UPS	C	-0.15%
NTAP	C	-0.15%
TEAM	A	-0.14%
DPZ	C	-0.13%
JKHY	D	-0.13%
SOLV	C	-0.11%
LDOS	C	-0.11%
MPC	D	-0.1%
LIN	D	-0.1%
CMCSA	B	-0.09%
FAST	B	-0.08%
CAH	B	-0.08%
KNX	B	-0.07%
HII	D	-0.06%
EXC	C	-0.05%