BTAL vs. WLDR ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Affinity World Leaders Equity ETF (WLDR)

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

$18.81

Average Daily Volume

315,953

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

4,938

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTAL	WLDR
30 Days	-1.05%	4.72%
60 Days	1.62%	3.65%
90 Days	4.04%	9.39%
12 Months	-6.88%	29.15%

27 Overlapping Holdings

Symbol	Grade	Weight in BTAL	Weight in WLDR	Overlap
ALL	C	0.45%	0.55%	0.45%
APP	C	-0.61%	2.09%	-0.61%
AZO	D	0.31%	2.42%	0.31%
CI	D	0.44%	0.89%	0.44%
CNC	B	0.4%	0.85%	0.4%
CTSH	F	0.35%	1.76%	0.35%
DAL	B	-0.52%	0.6%	-0.52%
DOCU	C	-0.46%	1.85%	-0.46%
ELV	A	0.45%	1.0%	0.45%
FANG	C	0.47%	0.71%	0.47%
HOOD	C	-0.43%	0.45%	-0.43%
HPQ	C	0.43%	3.26%	0.43%
IBM	D	0.39%	1.84%	0.39%
KR	D	0.49%	0.81%	0.49%
MCK	A	0.47%	1.05%	0.47%
MGM	F	-0.4%	0.57%	-0.4%
MPC	D	0.43%	0.63%	0.43%
MRK	B	0.42%	1.44%	0.42%
NTAP	B	0.51%	3.17%	0.51%
PCAR	D	0.4%	0.86%	0.4%
RGA	A	0.5%	0.54%	0.5%
RNR	C	0.43%	0.5%	0.43%
TROW	D	-0.42%	0.92%	-0.42%
URI	C	-0.44%	0.51%	-0.44%
VICI	C	0.41%	0.39%	0.39%
VST	B	0.79%	0.61%	0.61%
VZ	C	0.42%	1.42%	0.42%

BTAL Overweight 363 Positions Relative to WLDR

Symbol	Grade	Weight
TPL	C	0.59%
EME	B	0.56%
FMC	C	0.54%
MKL	A	0.52%
SFM	A	0.52%
SNX	A	0.5%
MDU	B	0.5%
FTI	C	0.5%
CLH	B	0.49%
RTX	B	0.49%
SO	A	0.49%
CACI	B	0.49%
CW	B	0.49%
RDN	C	0.48%
WEC	C	0.47%
GD	A	0.47%
AVT	B	0.47%
KBR	C	0.47%
LOPE	C	0.47%
CHRW	C	0.47%
ERIE	C	0.47%
EQR	B	0.47%
FOXA	C	0.47%
HUBB	D	0.47%
XOM	B	0.47%
AEP	A	0.47%
ED	B	0.47%
EDR	A	0.47%
ACGL	A	0.47%
AMCR	C	0.47%
DCI	C	0.47%
DKS	D	0.47%
RYAN	B	0.47%
AXS	A	0.47%
DUK	A	0.47%
AVB	B	0.47%
PGR	C	0.47%
TXRH	B	0.46%
MSI	A	0.46%
MUSA	B	0.46%
CASY	B	0.46%
PNW	B	0.46%
TGNA	C	0.46%
FLO	C	0.46%
KMI	A	0.46%
SLGN	C	0.45%
NOC	C	0.45%
HIG	A	0.45%
ROL	C	0.45%
DGX	A	0.45%
BJ	B	0.45%
UNM	B	0.45%
ORI	A	0.45%
HEI	B	0.45%
DECK	C	0.45%
CVX	B	0.45%
GIS	C	0.45%
CPB	C	0.45%
HRB	B	0.45%
AMGN	B	0.45%
TSCO	A	0.45%
ATR	C	0.44%
HLT	D	0.44%
GLW	A	0.44%
MSA	B	0.44%
O	C	0.44%
GPC	D	0.44%
OXY	D	0.44%
GPK	C	0.44%
WPC	C	0.44%
ADC	C	0.44%
EG	C	0.44%
SNA	D	0.44%
LMT	B	0.44%
GE	C	0.44%
TXT	D	0.43%
ORLY	D	0.43%
CB	A	0.43%
DG	D	0.43%
PFE	D	0.43%
BRO	A	0.43%
CHH	F	0.43%
DLR	C	0.43%
UNH	C	0.43%
T	B	0.43%
MMC	A	0.43%
PKG	C	0.43%
L	B	0.43%
CTVA	C	0.43%
SBRA	B	0.43%
WEN	F	0.43%
MSFT	B	0.43%
NBIX	B	0.42%
VRSK	A	0.42%
RSG	D	0.42%
KHC	D	0.42%
YUM	B	0.42%
FCN	B	0.42%
RLI	A	0.42%
WM	B	0.42%
CHE	F	0.42%
LPLA	C	0.42%
PAG	C	0.42%
DLB	C	0.42%
HON	B	0.42%
PNM	D	0.42%
AIZ	D	0.41%
OHI	C	0.41%
DBX	D	0.41%
LIN	D	0.41%
CACC	F	0.41%
THG	A	0.41%
TRV	D	0.41%
GLPI	C	0.41%
TMUS	B	0.41%
CSCO	F	0.41%
LANC	D	0.41%
TJX	B	0.41%
BWXT	D	0.41%
PTC	C	0.41%
SAIC	C	0.4%
COLD	D	0.4%
LLY	B	0.4%
AON	F	0.4%
OLLI	D	0.4%
PAYC	F	0.4%
SRPT	C	0.4%
SIGI	F	0.4%
GWRE	B	0.4%
FOXF	D	0.4%
LSCC	F	0.39%
WH	F	0.39%
HUM	D	0.39%
WTM	D	0.39%
JNPR	D	0.39%
HQY	D	0.39%
MSM	F	0.39%
JNJ	D	0.39%
WRB	D	0.39%
CME	C	0.39%
J	F	0.39%
ELS	D	0.39%
XEL	D	0.39%
ON	D	0.38%
VRSN	F	0.38%
WTW	D	0.38%
FFIV	D	0.38%
CBOE	C	0.38%
CF	F	0.38%
DOX	F	0.38%
ROP	C	0.38%
CIEN	C	0.37%
CFLT	C	0.37%
ABBV	D	0.37%
TDY	D	0.37%
MOH	F	0.37%
BMY	F	0.37%
CDW	D	0.37%
EA	F	0.37%
GILD	F	0.37%
MCD	F	0.37%
CSX	D	0.37%
DRI	F	0.36%
KNX	F	0.36%
AGL	D	0.35%
FTNT	D	0.35%
NEU	D	0.35%
TNET	F	0.34%
CMG	B	0.34%
X	F	0.33%
ALKS	F	0.33%
FIVE	F	0.29%
ULTA	F	0.29%
GL	F	0.28%
GEV	D	0.1%
DV	F	-0.18%
SHLS	F	-0.19%
TXG	F	-0.23%
CRSP	F	-0.25%
U	F	-0.27%
INTC	F	-0.28%
BRZE	F	-0.29%
ZS	F	-0.29%
CLVT	F	-0.29%
NET	F	-0.3%
SAIA	F	-0.3%
SEDG	F	-0.3%
ARWR	F	-0.3%
RBLX	F	-0.31%
OPEN	F	-0.31%
ZI	F	-0.31%
Z	F	-0.32%
UAA	F	-0.32%
SOFI	F	-0.33%
MDB	D	-0.33%
TDOC	F	-0.33%
PATH	D	-0.33%
FIVN	F	-0.34%
ELF	D	-0.34%
EXPE	F	-0.34%
DOCS	D	-0.34%
ALIT	F	-0.34%
PLD	F	-0.34%
WBA	F	-0.34%
ILMN	F	-0.34%
SAM	F	-0.34%
THO	F	-0.35%
TSLA	D	-0.35%
CLF	F	-0.35%
UBER	D	-0.35%
DAY	D	-0.35%
RGEN	D	-0.35%
ODFL	F	-0.35%
COTY	F	-0.35%
AFRM	D	-0.35%
PVH	D	-0.35%
FCNCA	B	-0.36%
NTLA	D	-0.36%
CZR	F	-0.36%
TFX	D	-0.36%
LITE	D	-0.36%
PLTR	D	-0.36%
ETSY	F	-0.36%
ENPH	D	-0.37%
IDXX	C	-0.37%
EL	F	-0.37%
DXC	F	-0.37%
ROKU	F	-0.37%
ALGN	F	-0.37%
SSD	F	-0.37%
FOUR	D	-0.37%
MPWR	C	-0.37%
BLDR	D	-0.37%
RYN	F	-0.37%
VEEV	D	-0.38%
RIVN	D	-0.38%
CRL	D	-0.38%
CHWY	F	-0.38%
EXAS	F	-0.38%
EFX	D	-0.38%
PTON	D	-0.38%
CACC	F	-0.38%
COHR	D	-0.38%
HUBS	D	-0.38%
TREX	D	-0.38%
SITE	F	-0.39%
VNO	F	-0.39%
BXP	C	-0.39%
IQV	D	-0.39%
CTLT	D	-0.39%
SMAR	C	-0.39%
VLY	D	-0.39%
INSP	F	-0.39%
WOLF	F	-0.39%
WBS	D	-0.4%
BX	C	-0.4%
CCL	F	-0.4%
ABNB	D	-0.4%
PENN	F	-0.4%
DASH	D	-0.4%
TPG	D	-0.4%
CG	D	-0.4%
SQ	D	-0.4%
KRC	C	-0.4%
XPO	D	-0.4%
ICUI	D	-0.41%
NCLH	F	-0.41%
DUOL	F	-0.41%
GXO	D	-0.41%
CC	C	-0.41%
SLB	F	-0.41%
PNFP	C	-0.41%
FYBR	B	-0.41%
APO	B	-0.41%
MRVL	C	-0.41%
RUN	D	-0.41%
SWK	D	-0.42%
COIN	D	-0.42%
TRU	C	-0.42%
CBRE	C	-0.42%
PYPL	D	-0.43%
HAL	D	-0.43%
ALB	D	-0.43%
JHG	B	-0.43%
BLD	D	-0.43%
WMS	C	-0.43%
UGI	C	-0.43%
FND	C	-0.43%
JLL	B	-0.43%
CUZ	C	-0.43%
APG	D	-0.43%
SEE	C	-0.43%
ELAN	B	-0.43%
TWLO	D	-0.43%
OWL	B	-0.43%
CE	D	-0.43%
MHK	C	-0.43%
AXON	D	-0.44%
NWE	C	-0.44%
OVV	D	-0.44%
TGT	D	-0.44%
KKR	B	-0.44%
LYFT	D	-0.44%
CSGP	D	-0.44%
DKNG	C	-0.44%
TTD	B	-0.44%
AMKR	C	-0.44%
SNV	B	-0.44%
USFD	B	-0.44%
BKH	C	-0.45%
WAL	C	-0.45%
PNR	B	-0.45%
NVCR	C	-0.45%
KEY	B	-0.45%
LAMR	B	-0.45%
CHX	D	-0.45%
OMF	C	-0.45%
MP	C	-0.45%
EXP	D	-0.45%
ALLY	B	-0.45%
CMA	B	-0.45%
MIDD	F	-0.45%
LNC	C	-0.45%
ITT	A	-0.45%
DAR	D	-0.45%
ARE	C	-0.45%
ZBRA	C	-0.46%
JEF	A	-0.46%
CAR	D	-0.46%
NOV	D	-0.46%
PINS	B	-0.46%
RH	D	-0.46%
GH	C	-0.46%
AVA	C	-0.47%
ZION	B	-0.47%
AWK	C	-0.47%
RNG	C	-0.47%
D	A	-0.47%
OZK	C	-0.47%
PARA	D	-0.48%
SMG	D	-0.48%
GTLS	C	-0.49%
IOT	B	-0.49%
CFG	A	-0.49%
OC	C	-0.5%
RIG	D	-0.5%
WCC	C	-0.5%
CWEN	C	-0.51%
LPX	B	-0.51%
CELH	C	-0.52%
GNRC	C	-0.52%
ETRN	B	-0.52%
MRNA	C	-0.52%
AES	B	-0.53%
HCP	C	-0.54%
FCX	A	-0.56%
W	C	-0.56%
NTRA	B	-0.58%
AA	B	-0.6%
SNAP	C	-0.61%
MSTR	D	-0.62%
NRG	B	-0.65%
CVNA	C	-0.69%

BTAL Underweight 43 Positions Relative to WLDR

Symbol	Grade	Weight
AMAT	B	-3.41%
DELL	B	-3.25%
META	D	-2.75%
WSM	C	-2.57%
JPM	A	-1.88%
EBAY	C	-1.87%
SSNC	B	-1.84%
CMCSA	F	-1.42%
OMC	B	-1.28%
BRK.A	B	-1.17%
EMN	C	-1.08%
CAT	C	-1.08%
CARR	B	-1.05%
SYF	C	-1.0%
BK	A	-0.99%
CNM	B	-0.88%
VTRS	D	-0.88%
TEVA	C	-0.85%
HCA	C	-0.84%
CAH	F	-0.84%
ACI	D	-0.79%
RCL	B	-0.69%
PSX	D	-0.67%
HMC	F	-0.65%
VLO	D	-0.65%
UAL	C	-0.63%
STLA	D	-0.63%
MO	A	-0.61%
ETR	B	-0.54%
AER	B	-0.53%
EVRG	C	-0.51%
CCEP	B	-0.5%
TSN	B	-0.48%
LEN	B	-0.44%
F	D	-0.44%
PHM	B	-0.43%
TOL	B	-0.42%
TAP	F	-0.4%
SPG	C	-0.4%
DOC	B	-0.38%
HST	D	-0.36%
STLD	D	-0.28%
RS	D	-0.24%