BTAL vs. GLOF ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to iShares Global Equity Factor ETF (GLOF)

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 ^*

391

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.51

Average Daily Volume

4,374

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	GLOF
30 Days	-2.59%	0.04%
60 Days	-1.84%	1.20%
90 Days	-2.74%	1.32%
12 Months	-5.88%	25.47%

63 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in GLOF	Overlap
ABBV	F	0.37%	0.62%	0.37%
ACN	B	0.45%	0.29%	0.29%
ALLY	C	-0.38%	0.24%	-0.38%
AMGN	F	0.4%	0.2%	0.2%
ANET	C	-0.49%	0.23%	-0.49%
AVGO	D	-0.47%	1.19%	-0.47%
AZO	C	0.33%	0.42%	0.33%
BLDR	D	-0.44%	0.48%	-0.44%
BMY	B	0.53%	0.36%	0.36%
CEG	C	-0.52%	0.01%	-0.52%
CF	A	0.44%	0.07%	0.07%
CRWD	B	-0.57%	0.29%	-0.57%
CSCO	B	0.5%	0.24%	0.24%
CSX	C	0.46%	0.02%	0.02%
DELL	B	-0.54%	0.34%	-0.54%
DOX	D	0.47%	0.04%	0.04%
EG	C	0.42%	0.1%	0.1%
ELV	F	0.34%	0.3%	0.3%
ETN	A	-0.53%	0.18%	-0.53%
FOXA	A	0.49%	0.09%	0.09%
FTNT	C	0.56%	0.65%	0.56%
GILD	C	0.53%	0.27%	0.27%
HPQ	B	0.45%	0.28%	0.28%
HUM	C	0.35%	0.14%	0.14%
IBM	C	0.46%	0.08%	0.08%
IDXX	F	-0.4%	0.07%	-0.4%
JNJ	C	0.41%	0.6%	0.41%
KO	D	0.38%	0.2%	0.2%
KR	B	0.49%	0.42%	0.42%
LRCX	F	-0.39%	0.2%	-0.39%
LULU	C	0.5%	0.07%	0.07%
MCD	D	0.43%	0.53%	0.43%
MCK	A	0.51%	0.61%	0.51%
MOH	F	0.4%	0.2%	0.2%
MOS	F	0.39%	0.02%	0.02%
MRNA	F	-0.24%	0.03%	-0.24%
MSFT	D	0.44%	4.06%	0.44%
MSI	B	0.51%	0.49%	0.49%
MTCH	D	0.36%	0.03%	0.03%
NVDA	B	-0.51%	4.5%	-0.51%
ORLY	B	0.51%	0.33%	0.33%
PAYX	B	0.49%	0.05%	0.05%
PCAR	B	0.53%	0.01%	0.01%
PFE	F	0.39%	0.21%	0.21%
PLD	F	-0.38%	0.01%	-0.38%
REG	A	0.45%	0.03%	0.03%
T	A	0.49%	0.35%	0.35%
TGT	F	-0.43%	0.31%	-0.43%
TJX	A	0.43%	0.06%	0.06%
TRV	B	0.51%	0.16%	0.16%
TSLA	B	-0.68%	0.37%	-0.68%
TT	A	-0.51%	0.44%	-0.51%
UBER	F	-0.44%	0.09%	-0.44%
UNH	B	0.44%	0.73%	0.44%
URI	C	-0.54%	0.11%	-0.54%
VEEV	C	-0.51%	0.01%	-0.51%
VICI	C	0.41%	0.02%	0.02%
VRSN	C	0.44%	0.02%	0.02%
VST	A	-0.74%	0.43%	-0.74%
VZ	C	0.42%	0.1%	0.1%
XOM	B	0.44%	0.36%	0.36%
YUM	D	0.43%	0.22%	0.22%
ZS	B	-0.48%	0.14%	-0.48%

BTAL Overweight 328 Positions Relative to GLOF

Symbol	Grade	Weight
MSTR	B	1.11%
BILL	A	0.72%
PAYC	B	0.62%
SFM	A	0.62%
IBKR	A	0.61%
LPLA	A	0.59%
ZI	D	0.58%
CFLT	B	0.57%
HQY	A	0.57%
PCTY	C	0.57%
SNA	A	0.56%
TGNA	B	0.56%
UNM	A	0.56%
ALSN	B	0.56%
KMI	A	0.55%
WH	B	0.55%
NWL	C	0.55%
BWXT	B	0.54%
CACI	D	0.53%
FFIV	B	0.53%
BKR	A	0.53%
CW	C	0.52%
RLI	A	0.51%
TXRH	B	0.51%
SAIC	F	0.51%
THG	A	0.51%
LNG	A	0.51%
G	B	0.51%
MKL	A	0.51%
PKG	A	0.5%
UTHR	C	0.5%
SBRA	C	0.5%
TDY	B	0.5%
SIGI	C	0.49%
AEE	A	0.49%
XEL	A	0.49%
GLW	B	0.49%
WELL	A	0.49%
CHH	A	0.49%
VFC	C	0.49%
DBX	B	0.49%
TMUS	B	0.49%
JAZZ	B	0.48%
AON	A	0.48%
BRO	B	0.48%
VTRS	A	0.48%
ADP	A	0.48%
RYAN	A	0.48%
PNM	B	0.48%
HON	C	0.48%
CINF	A	0.48%
DRI	B	0.47%
ROP	B	0.47%
WEN	D	0.47%
AXS	A	0.47%
CME	B	0.47%
CDP	C	0.47%
ALL	A	0.47%
MSM	C	0.47%
RGA	A	0.47%
WEC	A	0.46%
X	B	0.46%
EDR	A	0.46%
CTSH	B	0.46%
CCK	D	0.46%
NEU	D	0.46%
CHD	A	0.46%
CLH	C	0.46%
WTW	B	0.46%
ARMK	B	0.46%
ORI	A	0.46%
AIZ	A	0.46%
PGR	A	0.46%
SLGN	A	0.46%
CMG	B	0.46%
COR	B	0.46%
HEI	A	0.46%
RNR	C	0.46%
WM	B	0.46%
L	A	0.45%
LNT	A	0.45%
RTX	D	0.45%
OHI	C	0.45%
ADC	A	0.45%
BWA	D	0.45%
KBR	F	0.45%
HIG	B	0.45%
CHRW	B	0.45%
PNW	A	0.45%
DGX	A	0.45%
GD	D	0.45%
AVB	B	0.45%
CMS	C	0.44%
MUSA	B	0.44%
CB	C	0.44%
RSG	A	0.44%
NOC	D	0.44%
COLM	C	0.44%
ELS	C	0.44%
DECK	A	0.44%
ASGN	F	0.44%
DLB	B	0.44%
WRB	A	0.44%
J	D	0.43%
JNPR	D	0.43%
DUK	C	0.43%
EQR	C	0.43%
DD	C	0.43%
PAG	B	0.42%
SNX	D	0.42%
GLPI	C	0.42%
MSA	F	0.42%
MMC	B	0.42%
OLLI	D	0.42%
MKC	C	0.42%
CXT	C	0.42%
ED	C	0.42%
CI	D	0.42%
TXT	D	0.42%
AVT	C	0.42%
TNET	F	0.41%
CHE	D	0.41%
LMT	D	0.41%
FLO	D	0.41%
CBOE	C	0.41%
O	C	0.4%
FCN	F	0.4%
ACGL	C	0.4%
ON	D	0.4%
WPC	C	0.4%
HRB	D	0.4%
KHC	F	0.39%
ERIE	D	0.39%
FANG	C	0.39%
GIS	D	0.39%
WTM	A	0.39%
AMCR	C	0.39%
OXY	D	0.38%
BG	D	0.38%
AKAM	D	0.38%
CPB	D	0.38%
FOXF	F	0.37%
MUR	D	0.37%
GPC	D	0.37%
DVN	F	0.37%
FMC	D	0.37%
ARW	D	0.37%
ST	F	0.37%
MAN	F	0.37%
SRPT	F	0.35%
NEM	D	0.34%
CNC	D	0.32%
MDU	D	0.31%
BMRN	F	0.31%
AGL	F	0.19%
SMCI	F	-0.18%
SEDG	F	-0.21%
RUN	F	-0.21%
ENPH	F	-0.22%
CE	F	-0.25%
CNXC	F	-0.25%
MPWR	F	-0.27%
TXG	F	-0.3%
WOLF	F	-0.3%
EL	F	-0.3%
CELH	F	-0.3%
RIVN	F	-0.32%
NTLA	F	-0.32%
OPEN	F	-0.33%
COTY	F	-0.34%
BRZE	C	-0.34%
AES	F	-0.34%
RKT	F	-0.34%
AMKR	D	-0.35%
TER	F	-0.35%
TFX	F	-0.36%
DKS	D	-0.37%
CNM	D	-0.37%
WMS	F	-0.37%
DINO	D	-0.38%
RIG	D	-0.38%
ELF	C	-0.38%
EFX	F	-0.39%
SHLS	F	-0.4%
FND	D	-0.4%
W	D	-0.4%
KMX	B	-0.4%
ARWR	D	-0.4%
ARE	F	-0.41%
AWK	C	-0.41%
KSS	F	-0.41%
BLD	D	-0.41%
CWEN	C	-0.41%
ALGN	D	-0.41%
ELAN	D	-0.41%
AGNC	C	-0.41%
FCX	F	-0.42%
MKSI	C	-0.42%
WBA	F	-0.42%
AMD	F	-0.42%
EW	C	-0.42%
NVCR	C	-0.43%
CHX	C	-0.43%
RYN	D	-0.43%
ROIV	C	-0.43%
POWI	F	-0.43%
CSGP	D	-0.43%
PINS	F	-0.43%
UGI	C	-0.43%
MGM	D	-0.43%
FBIN	D	-0.43%
BBWI	C	-0.44%
MTDR	B	-0.44%
SSD	F	-0.44%
F	C	-0.44%
CC	C	-0.44%
APG	B	-0.45%
DAR	C	-0.45%
OC	A	-0.45%
SEE	C	-0.45%
NWE	B	-0.45%
THO	B	-0.45%
D	C	-0.45%
RGEN	D	-0.45%
MU	D	-0.46%
CRSP	D	-0.46%
CARR	C	-0.46%
RMD	C	-0.46%
CZR	F	-0.46%
SMG	C	-0.46%
PATH	C	-0.46%
TOL	B	-0.47%
CRL	D	-0.47%
JLL	D	-0.47%
TRU	D	-0.47%
LAMR	C	-0.47%
BXP	C	-0.47%
CFG	B	-0.48%
ROKU	D	-0.48%
KRC	B	-0.48%
TROW	B	-0.48%
SHW	B	-0.48%
OZK	B	-0.49%
LNC	C	-0.49%
PENN	C	-0.49%
AXTA	B	-0.49%
ITT	A	-0.49%
NTRA	A	-0.49%
NET	B	-0.49%
NRG	B	-0.49%
ILMN	C	-0.49%
USB	A	-0.49%
HHH	B	-0.49%
TREX	C	-0.49%
RRC	B	-0.5%
NVT	B	-0.5%
CAR	C	-0.5%
GH	B	-0.5%
RF	A	-0.5%
LPX	B	-0.51%
PEN	B	-0.51%
CBRE	B	-0.51%
ALB	B	-0.51%
WAL	B	-0.51%
PWR	A	-0.51%
PFGC	B	-0.51%
USFD	A	-0.51%
SNAP	D	-0.52%
DKNG	B	-0.52%
FYBR	C	-0.52%
AR	B	-0.52%
FOUR	A	-0.53%
GNRC	C	-0.53%
NTRS	A	-0.53%
JHG	B	-0.53%
INTC	C	-0.53%
PYPL	B	-0.53%
DNLI	D	-0.53%
AA	A	-0.53%
MDB	B	-0.54%
SCHW	B	-0.54%
RBLX	C	-0.54%
RMBS	B	-0.54%
ZION	B	-0.54%
KKR	A	-0.55%
RH	C	-0.55%
VNO	C	-0.55%
CMA	B	-0.55%
WCC	B	-0.55%
IOT	A	-0.55%
EXP	B	-0.55%
EXPE	B	-0.56%
XPO	B	-0.56%
PNFP	B	-0.56%
BX	A	-0.56%
TTD	B	-0.56%
OWL	A	-0.57%
COHR	B	-0.57%
GME	C	-0.57%
Z	A	-0.57%
CG	B	-0.57%
SNV	C	-0.57%
SQ	A	-0.58%
EQT	B	-0.59%
TPG	A	-0.59%
MRVL	B	-0.59%
LYV	A	-0.6%
DASH	B	-0.6%
GTLS	A	-0.6%
TDOC	C	-0.6%
DAY	B	-0.6%
SAIA	B	-0.62%
CCL	A	-0.63%
PODD	C	-0.63%
DUOL	A	-0.65%
LITE	B	-0.66%
HOOD	B	-0.68%
VRT	B	-0.68%
LYFT	C	-0.69%
COIN	C	-0.69%
CVNA	B	-0.69%
DAL	B	-0.69%
TOST	B	-0.7%
AXON	A	-0.74%
PTON	A	-0.76%
SOFI	B	-0.78%
AFRM	A	-0.78%
PLTR	B	-0.85%

BTAL Underweight 126 Positions Relative to GLOF

Symbol	Grade	Weight
AAPL	C	-4.28%
GOOG	C	-2.61%
AMZN	C	-2.18%
META	D	-1.35%
JPM	A	-0.94%
BKNG	A	-0.77%
V	A	-0.76%
LLY	F	-0.73%
PG	C	-0.72%
HD	B	-0.7%
LOW	C	-0.65%
WMT	A	-0.65%
FICO	B	-0.62%
PEP	F	-0.61%
SYF	B	-0.58%
TEAM	A	-0.57%
MA	B	-0.52%
AMP	A	-0.51%
COST	A	-0.51%
CDNS	B	-0.51%
INTU	B	-0.5%
CTAS	B	-0.48%
MRK	D	-0.42%
LII	A	-0.42%
ORCL	A	-0.4%
DOCU	B	-0.39%
BBY	D	-0.39%
NOW	A	-0.37%
MTD	F	-0.37%
FERG	B	-0.36%
COF	C	-0.35%
TXN	C	-0.35%
QCOM	F	-0.35%
TMO	F	-0.34%
MFG	A	-0.34%
AMAT	F	-0.33%
PANW	B	-0.33%
IT	C	-0.33%
MSCI	C	-0.32%
HPE	B	-0.32%
EBAY	D	-0.31%
KLAC	F	-0.3%
STLD	B	-0.29%
MELI	C	-0.29%
PM	B	-0.27%
HOLX	D	-0.25%
ABT	B	-0.25%
ABNB	C	-0.24%
GWW	B	-0.24%
MUFG	B	-0.22%
BAC	A	-0.22%
PHM	D	-0.22%
SNPS	B	-0.22%
MPC	D	-0.21%
AXP	A	-0.21%
NVR	D	-0.2%
DVA	C	-0.2%
PSA	C	-0.2%
FNF	B	-0.2%
NUE	C	-0.2%
SPGI	C	-0.2%
DFS	B	-0.19%
ADBE	C	-0.19%
BRK.A	B	-0.19%
SBUX	A	-0.19%
AFL	B	-0.18%
LYB	F	-0.18%
LIN	C	-0.18%
EMR	B	-0.18%
STT	B	-0.18%
VLTO	C	-0.17%
MAS	D	-0.17%
HUBS	A	-0.17%
WFC	A	-0.17%
LI	F	-0.16%
VRTX	D	-0.15%
MRO	B	-0.14%
SIRI	C	-0.13%
GS	A	-0.13%
GEHC	D	-0.13%
HSY	F	-0.13%
VLO	C	-0.13%
COP	C	-0.13%
NTAP	C	-0.12%
BLK	B	-0.12%
UNP	C	-0.11%
CVS	D	-0.1%
CDW	F	-0.1%
PFG	D	-0.1%
BK	A	-0.1%
DTE	C	-0.09%
A	D	-0.09%
SMFG	B	-0.09%
NKE	F	-0.08%
DE	B	-0.08%
GM	C	-0.08%
NWS	A	-0.08%
TM	F	-0.08%
SPG	A	-0.08%
DOW	F	-0.08%
CVX	A	-0.06%
ULTA	F	-0.06%
CRH	A	-0.06%
NDAQ	A	-0.06%
LINE	F	-0.05%
FWONA	A	-0.05%
MDLZ	F	-0.05%
PH	A	-0.05%
CHTR	C	-0.05%
CPNG	D	-0.05%
FRT	B	-0.04%
TSCO	D	-0.04%
EA	A	-0.04%
CAT	B	-0.04%
MCO	B	-0.03%
QRVO	F	-0.03%
NI	A	-0.03%
WIT	B	-0.02%
STX	C	-0.02%
OMC	C	-0.02%
GL	C	-0.02%
WY	F	-0.02%
BIIB	F	-0.02%
MDT	D	-0.01%
OKTA	C	-0.01%
DHR	F	-0.01%