GDE vs. QWLD ETF Comparison

Comparison of WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) to SPDR MSCI World Quality Mix ETF (QWLD)

GDE

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDE Description

WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities.

Grade (RS Rating)

Last Trade

$38.15

Average Daily Volume

20,561

Number of Holdings ^*

488

* 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

$129.28

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	GDE	QWLD
30 Days	2.47%	0.82%
60 Days	7.08%	0.23%
90 Days	12.48%	0.87%
12 Months	63.68%	22.65%

473 Overlapping Holdings

	Symbol	Grade	Weight in GDE	Weight in QWLD	Overlap
	A	D	0.08%	0.06%	0.06%
	AAPL	C	6.27%	2.57%	2.57%
	ABBV	D	0.53%	0.16%	0.16%
	ABBV	D	0.53%	0.34%	0.34%
	ABNB	C	0.07%	0.01%	0.01%
	ABT	B	0.37%	0.09%	0.09%
	ACI	C	0.05%	0.02%	0.02%
	ADBE	C	0.46%	0.42%	0.42%
	ADI	D	0.25%	0.04%	0.04%
	ADM	D	0.02%	0.05%	0.02%
	ADP	B	0.24%	0.26%	0.24%
	ADSK	A	0.16%	0.1%	0.1%
	AEE	A	0.04%	0.09%	0.04%
	AEP	D	0.09%	0.07%	0.07%
	AFL	B	0.1%	0.12%	0.1%
	AIG	B	0.11%	0.07%	0.07%
	AJG	B	0.11%	0.19%	0.11%
	AKAM	D	0.02%	0.11%	0.02%
	ALB	C	0.0%	0.01%	0.0%
	ALGN	D	0.01%	0.0%	0.0%
	ALL	A	0.08%	0.08%	0.08%
	AMAT	F	0.22%	0.29%	0.22%
	AMD	F	0.43%	0.03%	0.03%
	AME	A	0.1%	0.01%	0.01%
	AMGN	D	0.28%	0.16%	0.16%
	AMP	A	0.14%	0.09%	0.09%
	AMT	D	0.17%	0.02%	0.02%
	AMZN	C	4.05%	0.37%	0.37%
	ANET	C	0.22%	0.19%	0.19%
	ANSS	B	0.04%	0.0%	0.0%
	APD	A	0.1%	0.03%	0.03%
	APH	A	0.18%	0.43%	0.18%
	APO	B	0.25%	0.02%	0.02%
	APP	B	0.17%	0.0%	0.0%
	ARE	D	0.02%	0.01%	0.01%
	ARES	A	0.04%	0.0%	0.0%
	ATO	A	0.04%	0.01%	0.01%
	AVB	B	0.05%	0.01%	0.01%
	AVGO	D	1.46%	0.11%	0.11%
	AVTR	F	0.04%	0.01%	0.01%
	AVY	D	0.04%	0.03%	0.03%
	AWK	D	0.07%	0.01%	0.01%
	AXON	A	0.07%	0.0%	0.0%
	AXP	A	0.39%	0.06%	0.06%
	AZO	C	0.11%	0.28%	0.11%
	BA	F	0.12%	0.01%	0.01%
	BAC	A	0.68%	0.39%	0.39%
	BAH	F	0.03%	0.15%	0.03%
	BALL	D	0.06%	0.01%	0.01%
	BAX	D	0.01%	0.01%	0.01%
	BBY	D	0.04%	0.06%	0.04%
	BDX	F	0.08%	0.07%	0.07%
	BEN	C	0.08%	0.01%	0.01%
	BIIB	F	0.02%	0.01%	0.01%
	BK	A	0.09%	0.05%	0.05%
	BKNG	A	0.31%	0.03%	0.03%
	BKR	B	0.11%	0.02%	0.02%
	BLDR	D	0.03%	0.05%	0.03%
	BLK	C	0.28%	0.25%	0.25%
	BMRN	D	0.02%	0.07%	0.02%
	BMY	B	0.14%	0.21%	0.14%
	BR	A	0.04%	0.04%	0.04%
	BRK.A	B	1.83%	0.73%	0.73%
	BRO	B	0.04%	0.14%	0.04%
	BSX	B	0.22%	0.02%	0.02%
	BSY	D	0.06%	0.01%	0.01%
	BX	A	0.39%	0.03%	0.03%
	C	A	0.21%	0.25%	0.21%
	CAG	D	0.02%	0.04%	0.02%
	CAH	B	0.05%	0.13%	0.05%
	CARR	D	0.1%	0.02%	0.02%
	CAT	B	0.3%	0.36%	0.3%
	CBRE	B	0.08%	0.03%	0.03%
	CCI	D	0.09%	0.01%	0.01%
	CDNS	B	0.09%	0.13%	0.09%
	CDW	F	0.04%	0.07%	0.04%
	CE	F	0.06%	0.01%	0.01%
	CEG	D	0.13%	0.02%	0.02%
	CF	B	0.04%	0.13%	0.04%
	CFG	B	0.04%	0.04%	0.04%
	CG	A	0.06%	0.01%	0.01%
	CHD	B	0.06%	0.19%	0.06%
	CHTR	C	0.15%	0.05%	0.05%
	CI	F	0.18%	0.18%	0.18%
	CINF	A	0.04%	0.02%	0.02%
	CL	D	0.1%	0.2%	0.1%
	CLX	B	0.03%	0.01%	0.01%
	CMCSA	B	0.24%	0.17%	0.17%
	CME	A	0.13%	0.16%	0.13%
	CMG	B	0.1%	0.14%	0.1%
	CMI	A	0.09%	0.1%	0.09%
	CMS	C	0.04%	0.05%	0.04%
	CNC	D	0.05%	0.05%	0.05%
	CNP	B	0.06%	0.01%	0.01%
	COF	B	0.16%	0.1%	0.1%
	COIN	C	0.12%	0.01%	0.01%
	COP	C	0.16%	0.1%	0.1%
	COR	B	0.05%	0.41%	0.05%
	COST	B	0.73%	0.76%	0.73%
	CPAY	A	0.05%	0.01%	0.01%
	CPRT	A	0.08%	0.08%	0.08%
	CRBG	B	0.04%	0.01%	0.01%
	CRM	B	0.53%	0.06%	0.06%
	CRWD	B	0.16%	0.0%	0.0%
	CSCO	B	0.48%	1.03%	0.48%
	CSGP	D	0.03%	0.0%	0.0%
	CSL	C	0.04%	0.03%	0.03%
	CSX	B	0.21%	0.11%	0.11%
	CTAS	B	0.17%	0.14%	0.14%
	CTRA	B	0.01%	0.02%	0.01%
	CTSH	B	0.11%	0.2%	0.11%
	CTVA	C	0.09%	0.04%	0.04%
	CVS	D	0.14%	0.16%	0.14%
	CVX	A	0.35%	0.33%	0.33%
	D	C	0.1%	0.06%	0.06%
	DAL	C	0.05%	0.01%	0.01%
	DASH	A	0.13%	0.01%	0.01%
	DD	D	0.06%	0.02%	0.02%
	DDOG	A	0.06%	0.0%	0.0%
	DE	A	0.13%	0.06%	0.06%
	DECK	A	0.07%	0.05%	0.05%
	DELL	C	0.19%	0.01%	0.01%
	DFS	B	0.08%	0.04%	0.04%
	DG	F	0.01%	0.01%	0.01%
	DGX	A	0.02%	0.11%	0.02%
	DHI	D	0.09%	0.1%	0.09%
	DHR	F	0.35%	0.05%	0.05%
	DIS	B	0.21%	0.1%	0.1%
	DKNG	B	0.02%	0.0%	0.0%
	DLR	B	0.1%	0.02%	0.02%
	DLTR	F	0.01%	0.01%	0.01%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.03%	0.03%	0.03%
	DPZ	C	0.02%	0.06%	0.02%
	DRI	B	0.08%	0.03%	0.03%
	DT	C	0.05%	0.0%	0.0%
	DTE	C	0.04%	0.02%	0.02%
	DUK	C	0.15%	0.36%	0.15%
	DVN	F	0.01%	0.03%	0.01%
	DXCM	D	0.01%	0.0%	0.0%
	EA	A	0.1%	0.2%	0.1%
	EBAY	D	0.06%	0.01%	0.01%
	ECL	D	0.12%	0.01%	0.01%
	ED	D	0.05%	0.35%	0.05%
	EFX	F	0.06%	0.01%	0.01%
	EIX	B	0.06%	0.03%	0.03%
	EL	F	0.01%	0.01%	0.01%
	ELV	F	0.17%	0.21%	0.17%
	EMR	A	0.19%	0.03%	0.03%
	ENPH	F	0.02%	0.01%	0.01%
	ENTG	D	0.02%	0.0%	0.0%
	EOG	A	0.27%	0.06%	0.06%
	EPAM	C	0.0%	0.02%	0.0%
	EQIX	A	0.14%	0.02%	0.02%
	EQR	B	0.04%	0.01%	0.01%
	EQT	B	0.02%	0.02%	0.02%
	ERIE	D	0.02%	0.12%	0.02%
	ES	D	0.05%	0.01%	0.01%
	ESS	B	0.03%	0.01%	0.01%
	ETR	B	0.05%	0.03%	0.03%
	EW	C	0.03%	0.07%	0.03%
	EXC	C	0.09%	0.03%	0.03%
	EXPD	D	0.06%	0.04%	0.04%
	EXPE	B	0.05%	0.01%	0.01%
	EXR	D	0.06%	0.01%	0.01%
	F	C	0.03%	0.09%	0.03%
	FANG	D	0.04%	0.09%	0.04%
	FAST	B	0.1%	0.09%	0.09%
	FCNCA	A	0.04%	0.11%	0.04%
	FCX	D	0.08%	0.02%	0.02%
	FDS	B	0.05%	0.03%	0.03%
	FDX	B	0.14%	0.07%	0.07%
	FE	C	0.03%	0.01%	0.01%
	FI	A	0.22%	0.09%	0.09%
	FICO	B	0.07%	0.05%	0.05%
	FIS	C	0.09%	0.02%	0.02%
	FITB	A	0.06%	0.03%	0.03%
	FNF	B	0.03%	0.01%	0.01%
	FSLR	F	0.04%	0.01%	0.01%
	FTNT	C	0.14%	0.01%	0.01%
	FTV	C	0.07%	0.01%	0.01%
	GD	F	0.14%	0.18%	0.14%
	GDDY	A	0.03%	0.25%	0.03%
	GE	D	0.34%	0.31%	0.31%
	GEHC	F	0.04%	0.02%	0.02%
	GEN	B	0.04%	0.12%	0.04%
	GEV	B	0.14%	0.02%	0.02%
	GGG	B	0.02%	0.03%	0.02%
	GILD	C	0.21%	0.24%	0.21%
	GIS	D	0.05%	0.33%	0.05%
	GLPI	C	0.04%	0.01%	0.01%
	GLW	B	0.06%	0.02%	0.02%
	GM	B	0.15%	0.19%	0.15%
	GOOGL	C	4.12%	1.07%	1.07%
	GPC	D	0.05%	0.05%	0.05%
	GPN	B	0.03%	0.02%	0.02%
	GS	A	0.36%	0.17%	0.17%
	GWW	B	0.08%	0.11%	0.08%
	H	B	0.07%	0.0%	0.0%
	HAL	C	0.02%	0.02%	0.02%
	HBAN	A	0.04%	0.03%	0.03%
	HCA	F	0.14%	0.04%	0.04%
	HD	A	0.75%	0.15%	0.15%
	HEI	B	0.03%	0.0%	0.0%
	HEI	B	0.03%	0.0%	0.0%
	HES	B	0.03%	0.01%	0.01%
	HIG	B	0.06%	0.03%	0.03%
	HLT	A	0.13%	0.01%	0.01%
	HOLX	D	0.06%	0.01%	0.01%
	HON	B	0.31%	0.26%	0.26%
	HPE	B	0.06%	0.04%	0.04%
	HPQ	B	0.09%	0.04%	0.04%
	HRL	D	0.05%	0.09%	0.05%
	HST	C	0.05%	0.01%	0.01%
	HSY	F	0.04%	0.16%	0.04%
	HUBB	B	0.02%	0.04%	0.02%
	HUM	C	0.04%	0.15%	0.04%
	HWM	A	0.08%	0.01%	0.01%
	IBM	C	0.32%	0.46%	0.32%
	ICE	C	0.16%	0.03%	0.03%
	IDXX	F	0.05%	0.07%	0.05%
	IEX	B	0.01%	0.03%	0.01%
	IFF	D	0.04%	0.01%	0.01%
	ILMN	D	0.07%	0.0%	0.0%
	INCY	C	0.06%	0.15%	0.06%
	INTC	D	0.06%	0.1%	0.06%
	INTU	C	0.32%	0.27%	0.27%
	INVH	D	0.03%	0.01%	0.01%
	IOT	A	0.05%	0.0%	0.0%
	IP	B	0.03%	0.02%	0.02%
	IPG	D	0.04%	0.02%	0.02%
	IQV	D	0.09%	0.01%	0.01%
	IR	B	0.04%	0.01%	0.01%
	IRM	D	0.03%	0.01%	0.01%
	ISRG	A	0.36%	0.25%	0.25%
	IT	C	0.08%	0.03%	0.03%
	ITW	B	0.16%	0.13%	0.13%
	J	F	0.03%	0.01%	0.01%
	JBHT	C	0.02%	0.03%	0.02%
	JBL	B	0.01%	0.02%	0.01%
	JNJ	D	0.7%	1.1%	0.7%
	JPM	A	1.24%	0.6%	0.6%
	K	A	0.04%	0.23%	0.04%
	KDP	D	0.09%	0.14%	0.09%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	A	0.06%	0.17%	0.06%
	KHC	F	0.03%	0.2%	0.03%
	KIM	A	0.01%	0.01%	0.01%
	KKR	A	0.25%	0.02%	0.02%
	KLAC	D	0.14%	0.14%	0.14%
	KMB	D	0.09%	0.11%	0.09%
	KMI	A	0.12%	0.04%	0.04%
	KO	D	0.49%	0.56%	0.49%
	KR	B	0.05%	0.31%	0.05%
	KVUE	A	0.08%	0.08%	0.08%
	L	A	0.03%	0.17%	0.03%
	LDOS	C	0.03%	0.01%	0.01%
	LEN	D	0.09%	0.09%	0.09%
	LH	C	0.04%	0.02%	0.02%
	LHX	C	0.08%	0.02%	0.02%
	LII	A	0.03%	0.0%	0.0%
	LKQ	D	0.0%	0.01%	0.0%
	LLY	F	1.37%	1.14%	1.14%
	LMT	D	0.23%	0.42%	0.23%
	LOW	D	0.28%	0.07%	0.07%
	LPLA	A	0.02%	0.05%	0.02%
	LRCX	F	0.23%	0.18%	0.18%
	LUV	C	0.05%	0.0%	0.0%
	LVS	C	0.01%	0.0%	0.0%
	LW	C	0.0%	0.0%	0.0%
	LYV	A	0.07%	0.0%	0.0%
	MA	C	0.95%	0.71%	0.71%
	MAA	B	0.03%	0.01%	0.01%
	MANH	D	0.04%	0.04%	0.04%
	MAR	B	0.09%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.38%	0.42%	0.38%
	MCHP	D	0.04%	0.06%	0.04%
	MCK	B	0.16%	0.58%	0.16%
	MCO	B	0.13%	0.13%	0.13%
	MDLZ	F	0.17%	0.14%	0.14%
	MET	A	0.09%	0.05%	0.05%
	META	D	2.7%	2.11%	2.11%
	MGM	D	0.1%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.03%	0.13%	0.03%
	MLM	B	0.03%	0.01%	0.01%
	MMC	B	0.2%	0.51%	0.2%
	MMM	D	0.12%	0.14%	0.12%
	MNST	C	0.03%	0.07%	0.03%
	MO	A	0.18%	0.04%	0.04%
	MOH	F	0.03%	0.06%	0.03%
	MOS	F	0.1%	0.02%	0.02%
	MPC	D	0.08%	0.17%	0.08%
	MPWR	F	0.07%	0.04%	0.04%
	MRK	F	0.36%	0.42%	0.36%
	MRNA	F	0.01%	0.01%	0.01%
	MRO	B	0.06%	0.02%	0.02%
	MRVL	B	0.12%	0.01%	0.01%
	MS	A	0.43%	0.12%	0.12%
	MSCI	C	0.11%	0.0%	0.0%
	MSFT	F	5.58%	2.3%	2.3%
	MSI	B	0.09%	0.65%	0.09%
	MTB	A	0.06%	0.05%	0.05%
	MU	D	0.15%	0.04%	0.04%
	NDAQ	A	0.06%	0.01%	0.01%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	D	0.28%	0.06%	0.06%
	NEM	D	0.09%	0.04%	0.04%
	NET	B	0.04%	0.0%	0.0%
	NFLX	A	0.66%	0.54%	0.54%
	NKE	D	0.11%	0.17%	0.11%
	NOC	D	0.14%	0.32%	0.14%
	NOW	A	0.4%	0.01%	0.01%
	NSC	B	0.13%	0.03%	0.03%
	NTAP	C	0.04%	0.04%	0.04%
	NTRS	A	0.05%	0.02%	0.02%
	NUE	C	0.03%	0.04%	0.03%
	NVDA	C	6.47%	2.53%	2.53%
	NVR	D	0.03%	0.06%	0.03%
	NWSA	B	0.04%	0.01%	0.01%
	O	D	0.1%	0.02%	0.02%
	OC	A	0.02%	0.03%	0.02%
	ODFL	B	0.07%	0.08%	0.07%
	OKE	A	0.17%	0.03%	0.03%
	OMC	C	0.03%	0.04%	0.03%
	ON	D	0.04%	0.01%	0.01%
	ORCL	B	0.92%	0.25%	0.25%
	ORLY	B	0.13%	0.24%	0.13%
	OTIS	C	0.08%	0.01%	0.01%
	OVV	B	0.12%	0.02%	0.02%
	OXY	D	0.03%	0.03%	0.03%
	PANW	C	0.23%	0.18%	0.18%
	PAYX	C	0.1%	0.1%	0.1%
	PCAR	B	0.07%	0.11%	0.07%
	PCG	A	0.1%	0.03%	0.03%
	PEG	A	0.05%	0.02%	0.02%
	PEP	F	0.34%	0.77%	0.34%
	PFE	D	0.21%	0.18%	0.18%
	PFG	D	0.03%	0.02%	0.02%
	PG	A	0.76%	0.95%	0.76%
	PGR	A	0.24%	0.35%	0.24%
	PH	A	0.16%	0.02%	0.02%
	PHM	D	0.04%	0.06%	0.04%
	PINS	D	0.03%	0.0%	0.0%
	PKG	A	0.03%	0.04%	0.03%
	PLD	D	0.22%	0.04%	0.04%
	PLTR	B	0.26%	0.0%	0.0%
	PM	B	0.37%	0.07%	0.07%
	PNC	B	0.16%	0.1%	0.1%
	PODD	C	0.05%	0.0%	0.0%
	POOL	C	0.01%	0.03%	0.01%
	PPG	F	0.03%	0.01%	0.01%
	PPL	B	0.03%	0.01%	0.01%
	PRU	A	0.09%	0.05%	0.05%
	PSA	D	0.09%	0.09%	0.09%
	PSX	C	0.07%	0.14%	0.07%
	PTC	A	0.02%	0.08%	0.02%
	PWR	A	0.09%	0.01%	0.01%
	PYPL	B	0.19%	0.04%	0.04%
	QCOM	F	0.31%	0.32%	0.31%
	RBLX	C	0.08%	0.0%	0.0%
	REGN	F	0.16%	0.31%	0.16%
	RF	A	0.04%	0.03%	0.03%
	RIVN	F	0.04%	0.0%	0.0%
	RJF	A	0.08%	0.02%	0.02%
	RMD	C	0.06%	0.05%	0.05%
	ROK	B	0.11%	0.06%	0.06%
	ROKU	D	0.04%	0.0%	0.0%
	ROL	B	0.03%	0.08%	0.03%
	ROP	B	0.14%	0.48%	0.14%
	ROST	C	0.12%	0.02%	0.02%
	RPM	A	0.01%	0.01%	0.01%
	RS	B	0.02%	0.02%	0.02%
	RSG	A	0.09%	0.46%	0.09%
	RTX	C	0.32%	0.09%	0.09%
	SBAC	D	0.03%	0.01%	0.01%
	SBUX	A	0.22%	0.04%	0.04%
	SCHW	B	0.15%	0.04%	0.04%
	SHW	A	0.17%	0.14%	0.14%
	SJM	D	0.04%	0.07%	0.04%
	SMCI	F	0.0%	0.01%	0.0%
	SNA	A	0.04%	0.04%	0.04%
	SNAP	C	0.04%	0.0%	0.0%
	SNOW	C	0.03%	0.0%	0.0%
	SNPS	B	0.1%	0.12%	0.1%
	SO	D	0.18%	0.46%	0.18%
	SOLV	C	0.03%	0.03%	0.03%
	SPG	B	0.12%	0.02%	0.02%
	SPGI	C	0.3%	0.04%	0.04%
	SQ	B	0.05%	0.02%	0.02%
	SRE	A	0.13%	0.04%	0.04%
	SSNC	B	0.04%	0.01%	0.01%
	STLD	B	0.1%	0.02%	0.02%
	STT	A	0.06%	0.03%	0.03%
	STZ	D	0.05%	0.01%	0.01%
	SUI	D	0.04%	0.01%	0.01%
	SWK	D	0.04%	0.01%	0.01%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.06%	0.04%	0.04%
	SYK	C	0.28%	0.03%	0.03%
	SYY	B	0.06%	0.03%	0.03%
	T	A	0.29%	0.39%	0.29%
	TAP	C	0.08%	0.01%	0.01%
	TDG	D	0.13%	0.01%	0.01%
	TDY	B	0.08%	0.06%	0.06%
	TER	D	0.06%	0.02%	0.02%
	TFC	A	0.12%	0.09%	0.09%
	TGT	F	0.08%	0.15%	0.08%
	TJX	A	0.29%	0.35%	0.29%
	TMO	F	0.42%	0.06%	0.06%
	TMUS	B	0.49%	0.76%	0.49%
	TPL	A	0.07%	0.06%	0.06%
	TRGP	B	0.09%	0.04%	0.04%
	TROW	B	0.02%	0.05%	0.02%
	TRV	B	0.1%	0.3%	0.1%
	TSCO	D	0.05%	0.06%	0.05%
	TSLA	B	1.93%	0.16%	0.16%
	TSN	B	0.05%	0.15%	0.05%
	TTD	B	0.14%	0.0%	0.0%
	TTWO	A	0.08%	0.01%	0.01%
	TW	A	0.02%	0.0%	0.0%
	TWLO	A	0.08%	0.01%	0.01%
	TXN	C	0.36%	0.48%	0.36%
	TXT	D	0.04%	0.01%	0.01%
	TYL	B	0.06%	0.0%	0.0%
	UBER	D	0.25%	0.01%	0.01%
	ULTA	F	0.01%	0.06%	0.01%
	UNH	C	1.03%	1.35%	1.03%
	UNP	C	0.3%	0.26%	0.26%
	UPS	C	0.05%	0.07%	0.05%
	URI	B	0.1%	0.02%	0.02%
	USB	A	0.15%	0.09%	0.09%
	V	A	1.19%	1.21%	1.19%
	VEEV	C	0.05%	0.05%	0.05%
	VICI	C	0.06%	0.02%	0.02%
	VLO	C	0.06%	0.08%	0.06%
	VLTO	D	0.03%	0.05%	0.03%
	VMC	B	0.04%	0.01%	0.01%
	VRSK	A	0.08%	0.01%	0.01%
	VRSN	F	0.08%	0.14%	0.08%
	VRT	B	0.06%	0.0%	0.0%
	VRTX	F	0.23%	0.43%	0.23%
	VST	B	0.07%	0.01%	0.01%
	VTR	C	0.04%	0.01%	0.01%
	VZ	C	0.32%	0.58%	0.32%
	WAB	B	0.06%	0.01%	0.01%
	WAT	B	0.06%	0.04%	0.04%
	WBA	F	0.0%	0.04%	0.0%
	WBD	C	0.02%	0.07%	0.02%
	WDAY	B	0.16%	0.04%	0.04%
	WDC	D	0.03%	0.01%	0.01%
	WEC	A	0.06%	0.2%	0.06%
	WELL	A	0.13%	0.02%	0.02%
	WFC	A	0.37%	0.28%	0.28%
	WLK	D	0.06%	0.0%	0.0%
	WM	A	0.1%	0.52%	0.1%
	WMB	A	0.12%	0.19%	0.12%
	WMT	A	1.23%	0.76%	0.76%
	WPC	D	0.04%	0.01%	0.01%
	WRB	A	0.04%	0.14%	0.04%
	WSM	B	0.03%	0.03%	0.03%
	WSO	A	0.02%	0.03%	0.02%
	WST	C	0.02%	0.04%	0.02%
	WY	D	0.03%	0.02%	0.02%
	XEL	A	0.05%	0.09%	0.05%
	XOM	B	0.97%	0.47%	0.47%
	XYL	D	0.08%	0.01%	0.01%
	YUM	B	0.08%	0.15%	0.08%
	ZBH	C	0.02%	0.01%	0.01%
	ZBRA	B	0.06%	0.01%	0.01%
	ZM	B	0.08%	0.01%	0.01%
	ZTS	D	0.18%	0.15%	0.15%

GDE Overweight 17 Positions Relative to QWLD

	Symbol	Grade	Weight
	EPD	A	0.17%
	TEAM	A	0.16%
	SCCO	F	0.15%
	ET	A	0.14%
	MPLX	A	0.09%
	CPNG	D	0.09%
	ZS	C	0.09%
	MTD	D	0.07%
	WMG	C	0.06%
	ALNY	D	0.06%
	HUBS	A	0.04%
	UAL	A	0.04%
	LBRDK	C	0.04%
	AGR	B	0.03%
	SIRI	C	0.03%
	MORN	B	0.02%
	MDB	C	0.02%

GDE Underweight 137 Positions Relative to QWLD

	Symbol	Grade	Weight
	GOOG	C	-0.94%
	NVS	D	-0.79%
	ACN	C	-0.65%
	CB	C	-0.4%
	UL	D	-0.27%
	WCN	A	-0.27%
	ACGL	D	-0.26%
	HSBH	B	-0.25%
	CBOE	B	-0.24%
	MFG	B	-0.24%
	AON	A	-0.17%
	CHKP	D	-0.17%
	FFIV	B	-0.16%
	TM	D	-0.15%
	UTHR	C	-0.15%
	TT	A	-0.15%
	MUFG	B	-0.14%
	JNPR	F	-0.12%
	TD	F	-0.12%
	E	F	-0.12%
	NBIX	C	-0.11%
	BCS	C	-0.11%
	DEO	F	-0.11%
	CNI	D	-0.1%
	SMFG	B	-0.1%
	CPB	D	-0.09%
	LYG	F	-0.09%
	AMCR	D	-0.08%
	AIZ	A	-0.08%
	SONY	B	-0.08%
	STLA	F	-0.08%
	JKHY	D	-0.07%
	HMC	F	-0.07%
	LULU	C	-0.07%
	WTW	B	-0.07%
	LNG	B	-0.06%
	EG	C	-0.06%
	MDT	D	-0.06%
	LIN	D	-0.06%
	LOGI	D	-0.06%
	BTI	B	-0.05%
	DINO	D	-0.05%
	MT	B	-0.05%
	GRMN	B	-0.05%
	EME	C	-0.04%
	LYB	F	-0.03%
	BG	F	-0.03%
	SW	A	-0.03%
	LNT	A	-0.03%
	PNR	A	-0.03%
	VTRS	A	-0.03%
	JCI	C	-0.03%
	ETN	A	-0.03%
	SLB	C	-0.03%
	ALLY	C	-0.02%
	KMX	B	-0.02%
	TTC	D	-0.02%
	NXPI	D	-0.02%
	MKTX	D	-0.02%
	NRG	B	-0.02%
	AOS	F	-0.02%
	SEIC	B	-0.02%
	NMR	B	-0.02%
	AER	B	-0.02%
	AFG	A	-0.02%
	PAYC	B	-0.02%
	DKS	C	-0.02%
	ALLE	D	-0.02%
	APA	D	-0.02%
	CPT	B	-0.01%
	WTRG	B	-0.01%
	CTLT	B	-0.01%
	RPRX	D	-0.01%
	MBAVU	D	-0.01%
	RCL	A	-0.01%
	DVA	B	-0.01%
	HII	D	-0.01%
	TRU	D	-0.01%
	TRMB	B	-0.01%
	FOX	A	-0.01%
	STE	F	-0.01%
	REG	B	-0.01%
	BURL	A	-0.01%
	CCL	B	-0.01%
	STX	D	-0.01%
	HSIC	B	-0.01%
	RVTY	F	-0.01%
	DOC	D	-0.01%
	AES	F	-0.01%
	CCEP	C	-0.01%
	ACM	A	-0.01%
	BXP	D	-0.01%
	CHRD	D	-0.01%
	CCK	C	-0.01%
	AGCO	D	-0.01%
	WFG	D	-0.01%
	SE	B	-0.01%
	EMN	D	-0.01%
	KNX	B	-0.01%
	NI	A	-0.01%
	EQH	B	-0.01%
	UHS	D	-0.01%
	APTV	D	-0.01%
	EVRG	A	-0.01%
	CHRW	C	-0.01%
	FOXA	B	-0.01%
	MELI	D	-0.01%
	CNH	C	-0.01%
	PARA	C	-0.01%
	GLBE	B	-0.0%
	XRX	F	-0.0%
	TOST	B	-0.0%
	PSTG	D	-0.0%
	FUTU	D	-0.0%
	DAY	B	-0.0%
	DOCU	A	-0.0%
	EXAS	D	-0.0%
	GRAB	B	-0.0%
	TECH	D	-0.0%
	WYNN	D	-0.0%
	OKTA	C	-0.0%
	MSTR	C	-0.0%
	ELS	C	-0.0%
	HOOD	B	-0.0%
	Z	A	-0.0%
	MTCH	D	-0.0%
	QGEN	D	-0.0%
	BBWI	D	-0.0%
	CRL	C	-0.0%
	BIO	D	-0.0%
	TFX	F	-0.0%
	UDR	B	-0.0%
	QRVO	F	-0.0%
	OTEX	D	-0.0%
	AMH	D	-0.0%
	UHAL	D	-0.0%
	FBIN	D	-0.0%

GDE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Diagnostics & Research Banks - Regional - US Capital Markets Oil & Gas E&P Aerospace & Defense Drug Manufacturers - Major Specialty Retail Packaged Foods Software - Infrastructure Specialty Chemicals Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty

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

QWLD: Top Represented Industries & Keywords

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