GSUS vs. QWLD ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) to SPDR MSCI World Quality Mix ETF (QWLD)

GSUS

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of the free-float market capitalization in the United States.

Grade (RS Rating)

Last Trade

$82.16

Average Daily Volume

123,683

Number of Holdings ^*

449

* 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

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	GSUS	QWLD
30 Days	3.38%	0.82%
60 Days	4.89%	0.23%
90 Days	6.69%	0.87%
12 Months	32.27%	22.65%

431 Overlapping Holdings

	Symbol	Grade	Weight in GSUS	Weight in QWLD	Overlap
	A	D	0.07%	0.06%	0.06%
	AAPL	C	6.79%	2.57%	2.57%
	ABBV	D	0.59%	0.34%	0.34%
	ABBV	D	0.59%	0.16%	0.16%
	ABNB	C	0.11%	0.01%	0.01%
	ABT	B	0.41%	0.09%	0.09%
	ACGL	D	0.07%	0.26%	0.07%
	ACN	C	0.45%	0.65%	0.45%
	ADBE	C	0.44%	0.42%	0.42%
	ADI	D	0.21%	0.04%	0.04%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.24%	0.26%	0.24%
	ADSK	A	0.13%	0.1%	0.1%
	AEE	A	0.05%	0.09%	0.05%
	AEP	D	0.1%	0.07%	0.07%
	AFL	B	0.11%	0.12%	0.11%
	AIG	B	0.1%	0.07%	0.07%
	AJG	B	0.13%	0.19%	0.13%
	AKAM	D	0.03%	0.11%	0.03%
	ALGN	D	0.03%	0.0%	0.0%
	ALL	A	0.1%	0.08%	0.08%
	AMAT	F	0.28%	0.29%	0.28%
	AMCR	D	0.03%	0.08%	0.03%
	AMD	F	0.45%	0.03%	0.03%
	AME	A	0.09%	0.01%	0.01%
	AMGN	D	0.3%	0.16%	0.16%
	AMP	A	0.11%	0.09%	0.09%
	AMT	D	0.19%	0.02%	0.02%
	AMZN	C	3.85%	0.37%	0.37%
	ANET	C	0.18%	0.19%	0.18%
	ANSS	B	0.06%	0.0%	0.0%
	AON	A	0.15%	0.17%	0.15%
	APD	A	0.14%	0.03%	0.03%
	APH	A	0.17%	0.43%	0.17%
	APO	B	0.14%	0.02%	0.02%
	APP	B	0.14%	0.0%	0.0%
	APTV	D	0.03%	0.01%	0.01%
	ARE	D	0.03%	0.01%	0.01%
	ARES	A	0.06%	0.0%	0.0%
	ATO	A	0.04%	0.01%	0.01%
	AVB	B	0.07%	0.01%	0.01%
	AVGO	D	1.52%	0.11%	0.11%
	AVTR	F	0.03%	0.01%	0.01%
	AWK	D	0.05%	0.01%	0.01%
	AXP	A	0.32%	0.06%	0.06%
	AZO	C	0.1%	0.28%	0.1%
	BA	F	0.17%	0.01%	0.01%
	BAC	A	0.63%	0.39%	0.39%
	BALL	D	0.04%	0.01%	0.01%
	BAX	D	0.03%	0.01%	0.01%
	BBY	D	0.03%	0.06%	0.03%
	BDX	F	0.13%	0.07%	0.07%
	BIIB	F	0.05%	0.01%	0.01%
	BK	A	0.12%	0.05%	0.05%
	BKNG	A	0.33%	0.03%	0.03%
	BKR	B	0.09%	0.02%	0.02%
	BLK	C	0.3%	0.25%	0.25%
	BMY	B	0.24%	0.21%	0.21%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.24%	0.73%	0.73%
	BSX	B	0.27%	0.02%	0.02%
	BX	A	0.27%	0.03%	0.03%
	C	A	0.26%	0.25%	0.25%
	CAG	D	0.03%	0.04%	0.03%
	CAH	B	0.06%	0.13%	0.06%
	CARR	D	0.13%	0.02%	0.02%
	CAT	B	0.37%	0.36%	0.36%
	CB	C	0.23%	0.4%	0.23%
	CBOE	B	0.04%	0.24%	0.04%
	CBRE	B	0.08%	0.03%	0.03%
	CCI	D	0.09%	0.01%	0.01%
	CCL	B	0.05%	0.01%	0.01%
	CDNS	B	0.16%	0.13%	0.13%
	CDW	F	0.05%	0.07%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.15%	0.02%	0.02%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.19%	0.05%
	CHTR	C	0.07%	0.05%	0.05%
	CI	F	0.18%	0.18%	0.18%
	CINF	A	0.05%	0.02%	0.02%
	CL	D	0.15%	0.2%	0.15%
	CLX	B	0.04%	0.01%	0.01%
	CMCSA	B	0.33%	0.17%	0.17%
	CME	A	0.17%	0.16%	0.16%
	CMG	B	0.16%	0.14%	0.14%
	CMI	A	0.1%	0.1%	0.1%
	CMS	C	0.04%	0.05%	0.04%
	CNC	D	0.06%	0.05%	0.05%
	CNP	B	0.04%	0.01%	0.01%
	COF	B	0.14%	0.1%	0.1%
	COIN	C	0.13%	0.01%	0.01%
	COP	C	0.26%	0.1%	0.1%
	COR	B	0.08%	0.41%	0.08%
	COST	B	0.83%	0.76%	0.76%
	CPAY	A	0.05%	0.01%	0.01%
	CPB	D	0.02%	0.09%	0.02%
	CPRT	A	0.1%	0.08%	0.08%
	CRM	B	0.6%	0.06%	0.06%
	CRWD	B	0.16%	0.0%	0.0%
	CSCO	B	0.46%	1.03%	0.46%
	CSGP	D	0.06%	0.0%	0.0%
	CSX	B	0.14%	0.11%	0.11%
	CTAS	B	0.15%	0.14%	0.14%
	CTRA	B	0.04%	0.02%	0.02%
	CTSH	B	0.08%	0.2%	0.08%
	CTVA	C	0.08%	0.04%	0.04%
	CVS	D	0.14%	0.16%	0.14%
	CVX	A	0.55%	0.33%	0.33%
	D	C	0.1%	0.06%	0.06%
	DAL	C	0.08%	0.01%	0.01%
	DASH	A	0.11%	0.01%	0.01%
	DD	D	0.06%	0.02%	0.02%
	DDOG	A	0.08%	0.0%	0.0%
	DE	A	0.2%	0.06%	0.06%
	DELL	C	0.08%	0.01%	0.01%
	DFS	B	0.09%	0.04%	0.04%
	DG	F	0.03%	0.01%	0.01%
	DGX	A	0.04%	0.11%	0.04%
	DHI	D	0.09%	0.1%	0.09%
	DHR	F	0.3%	0.05%	0.05%
	DIS	B	0.41%	0.1%	0.1%
	DKNG	B	0.04%	0.0%	0.0%
	DLR	B	0.12%	0.02%	0.02%
	DLTR	F	0.03%	0.01%	0.01%
	DOC	D	0.03%	0.01%	0.01%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.06%	0.03%	0.03%
	DPZ	C	0.03%	0.06%	0.03%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.05%	0.02%	0.02%
	DUK	C	0.18%	0.36%	0.18%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	D	0.06%	0.0%	0.0%
	EA	A	0.08%	0.2%	0.08%
	EBAY	D	0.06%	0.01%	0.01%
	ECL	D	0.12%	0.01%	0.01%
	ED	D	0.07%	0.35%	0.07%
	EFX	F	0.06%	0.01%	0.01%
	EG	C	0.02%	0.06%	0.02%
	EIX	B	0.07%	0.03%	0.03%
	EL	F	0.03%	0.01%	0.01%
	ELV	F	0.18%	0.21%	0.18%
	EMR	A	0.15%	0.03%	0.03%
	ENPH	F	0.02%	0.01%	0.01%
	EOG	A	0.15%	0.06%	0.06%
	EQIX	A	0.17%	0.02%	0.02%
	EQR	B	0.05%	0.01%	0.01%
	ES	D	0.04%	0.01%	0.01%
	ESS	B	0.04%	0.01%	0.01%
	ETN	A	0.29%	0.03%	0.03%
	ETR	B	0.06%	0.03%	0.03%
	EW	C	0.08%	0.07%	0.07%
	EXC	C	0.08%	0.03%	0.03%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.05%	0.01%	0.01%
	EXR	D	0.07%	0.01%	0.01%
	F	C	0.09%	0.09%	0.09%
	FANG	D	0.06%	0.09%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FCX	D	0.13%	0.02%	0.02%
	FDX	B	0.13%	0.07%	0.07%
	FE	C	0.05%	0.01%	0.01%
	FI	A	0.25%	0.09%	0.09%
	FICO	B	0.11%	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%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.01%	0.01%
	FTNT	C	0.11%	0.01%	0.01%
	FTV	C	0.05%	0.01%	0.01%
	GD	F	0.13%	0.18%	0.13%
	GE	D	0.39%	0.31%	0.31%
	GEHC	F	0.07%	0.02%	0.02%
	GEN	B	0.03%	0.12%	0.03%
	GEV	B	0.19%	0.02%	0.02%
	GILD	C	0.22%	0.24%	0.22%
	GIS	D	0.07%	0.33%	0.07%
	GLW	B	0.07%	0.02%	0.02%
	GM	B	0.12%	0.19%	0.12%
	GOOG	C	1.88%	0.94%	0.94%
	GOOGL	C	2.09%	1.07%	1.07%
	GPC	D	0.03%	0.05%	0.03%
	GPN	B	0.06%	0.02%	0.02%
	GRMN	B	0.06%	0.05%	0.05%
	GS	A	0.37%	0.17%	0.17%
	GWW	B	0.1%	0.11%	0.1%
	HAL	C	0.06%	0.02%	0.02%
	HBAN	A	0.05%	0.03%	0.03%
	HCA	F	0.13%	0.04%	0.04%
	HD	A	0.81%	0.15%	0.15%
	HES	B	0.08%	0.01%	0.01%
	HIG	B	0.07%	0.03%	0.03%
	HLT	A	0.12%	0.01%	0.01%
	HOLX	D	0.04%	0.01%	0.01%
	HON	B	0.3%	0.26%	0.26%
	HPE	B	0.06%	0.04%	0.04%
	HPQ	B	0.07%	0.04%	0.04%
	HRL	D	0.02%	0.09%	0.02%
	HSY	F	0.05%	0.16%	0.05%
	HUM	C	0.07%	0.15%	0.07%
	HWM	A	0.09%	0.01%	0.01%
	IBM	C	0.39%	0.46%	0.39%
	ICE	C	0.18%	0.03%	0.03%
	IDXX	F	0.07%	0.07%	0.07%
	IFF	D	0.05%	0.01%	0.01%
	ILMN	D	0.04%	0.0%	0.0%
	INTC	D	0.21%	0.1%	0.1%
	INTU	C	0.35%	0.27%	0.27%
	INVH	D	0.04%	0.01%	0.01%
	IP	B	0.04%	0.02%	0.02%
	IQV	D	0.07%	0.01%	0.01%
	IR	B	0.08%	0.01%	0.01%
	IRM	D	0.07%	0.01%	0.01%
	ISRG	A	0.38%	0.25%	0.25%
	IT	C	0.08%	0.03%	0.03%
	ITW	B	0.16%	0.13%	0.13%
	JBHT	C	0.03%	0.03%	0.03%
	JCI	C	0.11%	0.03%	0.03%
	JNJ	D	0.74%	1.1%	0.74%
	JPM	A	1.38%	0.6%	0.6%
	K	A	0.04%	0.23%	0.04%
	KDP	D	0.07%	0.14%	0.07%
	KEY	B	0.04%	0.02%	0.02%
	KEYS	A	0.05%	0.17%	0.05%
	KHC	F	0.05%	0.2%	0.05%
	KKR	A	0.21%	0.02%	0.02%
	KLAC	D	0.17%	0.14%	0.14%
	KMB	D	0.09%	0.11%	0.09%
	KMI	A	0.11%	0.04%	0.04%
	KO	D	0.49%	0.56%	0.49%
	KR	B	0.08%	0.31%	0.08%
	KVUE	A	0.09%	0.08%	0.08%
	L	A	0.03%	0.17%	0.03%
	LDOS	C	0.04%	0.01%	0.01%
	LEN	D	0.08%	0.09%	0.08%
	LEN	D	0.0%	0.09%	0.0%
	LH	C	0.04%	0.02%	0.02%
	LHX	C	0.09%	0.02%	0.02%
	LIN	D	0.43%	0.06%	0.06%
	LLY	F	1.25%	1.14%	1.14%
	LMT	D	0.25%	0.42%	0.25%
	LNG	B	0.1%	0.06%	0.06%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.3%	0.07%	0.07%
	LRCX	F	0.18%	0.18%	0.18%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.04%	0.0%	0.0%
	LVS	C	0.04%	0.0%	0.0%
	LYB	F	0.04%	0.03%	0.03%
	LYV	A	0.04%	0.0%	0.0%
	MA	C	0.86%	0.71%	0.71%
	MAA	B	0.04%	0.01%	0.01%
	MAR	B	0.13%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.42%	0.42%	0.42%
	MCHP	D	0.07%	0.06%	0.06%
	MCK	B	0.16%	0.58%	0.16%
	MCO	B	0.15%	0.13%	0.13%
	MDLZ	F	0.17%	0.14%	0.14%
	MDT	D	0.22%	0.06%	0.06%
	MELI	D	0.18%	0.01%	0.01%
	MET	A	0.1%	0.05%	0.05%
	META	D	2.45%	2.11%	2.11%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.13%	0.04%
	MLM	B	0.07%	0.01%	0.01%
	MMC	B	0.22%	0.51%	0.22%
	MMM	D	0.14%	0.14%	0.14%
	MNST	C	0.08%	0.07%	0.07%
	MO	A	0.19%	0.04%	0.04%
	MPC	D	0.11%	0.17%	0.11%
	MPWR	F	0.06%	0.04%	0.04%
	MRK	F	0.49%	0.42%	0.42%
	MRNA	F	0.02%	0.01%	0.01%
	MRVL	B	0.15%	0.01%	0.01%
	MS	A	0.33%	0.12%	0.12%
	MSCI	C	0.09%	0.0%	0.0%
	MSFT	F	6.15%	2.3%	2.3%
	MSI	B	0.16%	0.65%	0.16%
	MTB	A	0.07%	0.05%	0.05%
	MU	D	0.22%	0.04%	0.04%
	NDAQ	A	0.07%	0.01%	0.01%
	NEE	D	0.32%	0.06%	0.06%
	NEM	D	0.1%	0.04%	0.04%
	NET	B	0.06%	0.0%	0.0%
	NFLX	A	0.73%	0.54%	0.54%
	NKE	D	0.18%	0.17%	0.17%
	NOC	D	0.14%	0.32%	0.14%
	NOW	A	0.42%	0.01%	0.01%
	NSC	B	0.12%	0.03%	0.03%
	NTAP	C	0.05%	0.04%	0.04%
	NTRS	A	0.04%	0.02%	0.02%
	NUE	C	0.07%	0.04%	0.04%
	NVDA	C	6.96%	2.53%	2.53%
	NVR	D	0.05%	0.06%	0.05%
	O	D	0.1%	0.02%	0.02%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.13%	0.03%	0.03%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.01%	0.01%
	ORCL	B	0.61%	0.25%	0.25%
	ORLY	B	0.14%	0.24%	0.14%
	OTIS	C	0.08%	0.01%	0.01%
	OXY	D	0.07%	0.03%	0.03%
	PANW	C	0.25%	0.18%	0.18%
	PAYX	C	0.09%	0.1%	0.09%
	PCAR	B	0.11%	0.11%	0.11%
	PCG	A	0.09%	0.03%	0.03%
	PEG	A	0.09%	0.02%	0.02%
	PEP	F	0.43%	0.77%	0.43%
	PFE	D	0.29%	0.18%	0.18%
	PFG	D	0.04%	0.02%	0.02%
	PG	A	0.81%	0.95%	0.81%
	PGR	A	0.3%	0.35%	0.3%
	PH	A	0.18%	0.02%	0.02%
	PHM	D	0.05%	0.06%	0.05%
	PINS	D	0.04%	0.0%	0.0%
	PKG	A	0.04%	0.04%	0.04%
	PLD	D	0.21%	0.04%	0.04%
	PLTR	B	0.25%	0.0%	0.0%
	PM	B	0.41%	0.07%	0.07%
	PNC	B	0.16%	0.1%	0.1%
	PPG	F	0.06%	0.01%	0.01%
	PPL	B	0.05%	0.01%	0.01%
	PRU	A	0.09%	0.05%	0.05%
	PSA	D	0.11%	0.09%	0.09%
	PSX	C	0.11%	0.14%	0.11%
	PWR	A	0.1%	0.01%	0.01%
	PYPL	B	0.17%	0.04%	0.04%
	QCOM	F	0.37%	0.32%	0.32%
	RBLX	C	0.05%	0.0%	0.0%
	RCL	A	0.1%	0.01%	0.01%
	REGN	F	0.16%	0.31%	0.16%
	RF	A	0.05%	0.03%	0.03%
	RJF	A	0.06%	0.02%	0.02%
	RMD	C	0.07%	0.05%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.08%	0.03%
	ROP	B	0.12%	0.48%	0.12%
	ROST	C	0.09%	0.02%	0.02%
	RPRX	D	0.02%	0.01%	0.01%
	RSG	A	0.09%	0.46%	0.09%
	RTX	C	0.32%	0.09%	0.09%
	SBAC	D	0.05%	0.01%	0.01%
	SBUX	A	0.22%	0.04%	0.04%
	SCHW	B	0.24%	0.04%	0.04%
	SHW	A	0.17%	0.14%	0.14%
	SLB	C	0.12%	0.03%	0.03%
	SMCI	F	0.03%	0.01%	0.01%
	SNA	A	0.04%	0.04%	0.04%
	SNAP	C	0.02%	0.0%	0.0%
	SNOW	C	0.08%	0.0%	0.0%
	SNPS	B	0.17%	0.12%	0.12%
	SO	D	0.19%	0.46%	0.19%
	SPG	B	0.12%	0.02%	0.02%
	SPGI	C	0.32%	0.04%	0.04%
	SQ	B	0.1%	0.02%	0.02%
	SRE	A	0.12%	0.04%	0.04%
	SSNC	B	0.03%	0.01%	0.01%
	STE	F	0.04%	0.01%	0.01%
	STT	A	0.06%	0.03%	0.03%
	STX	D	0.04%	0.01%	0.01%
	STZ	D	0.08%	0.01%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.04%	0.04%
	SYK	C	0.25%	0.03%	0.03%
	SYY	B	0.07%	0.03%	0.03%
	T	A	0.33%	0.39%	0.33%
	TDG	D	0.14%	0.01%	0.01%
	TER	D	0.03%	0.02%	0.02%
	TFC	A	0.12%	0.09%	0.09%
	TGT	F	0.14%	0.15%	0.14%
	TJX	A	0.27%	0.35%	0.27%
	TMO	F	0.39%	0.06%	0.06%
	TMUS	B	0.23%	0.76%	0.23%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.01%	0.01%
	TRV	B	0.12%	0.3%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.93%	0.16%	0.16%
	TSN	B	0.04%	0.15%	0.04%
	TT	A	0.19%	0.15%	0.15%
	TTD	B	0.11%	0.0%	0.0%
	TTWO	A	0.06%	0.01%	0.01%
	TXN	C	0.37%	0.48%	0.37%
	TXT	D	0.03%	0.01%	0.01%
	UBER	D	0.28%	0.01%	0.01%
	ULTA	F	0.03%	0.06%	0.03%
	UNH	C	1.07%	1.35%	1.07%
	UNP	C	0.29%	0.26%	0.26%
	UPS	C	0.19%	0.07%	0.07%
	URI	B	0.11%	0.02%	0.02%
	USB	A	0.15%	0.09%	0.09%
	V	A	1.05%	1.21%	1.05%
	VEEV	C	0.06%	0.05%	0.05%
	VICI	C	0.07%	0.02%	0.02%
	VLO	C	0.09%	0.08%	0.08%
	VMC	B	0.07%	0.01%	0.01%
	VRSK	A	0.08%	0.01%	0.01%
	VRSN	F	0.03%	0.14%	0.03%
	VRT	B	0.1%	0.0%	0.0%
	VRTX	F	0.23%	0.43%	0.23%
	VST	B	0.11%	0.01%	0.01%
	VTR	C	0.05%	0.01%	0.01%
	VZ	C	0.36%	0.58%	0.36%
	WAB	B	0.07%	0.01%	0.01%
	WAT	B	0.04%	0.04%	0.04%
	WBD	C	0.04%	0.07%	0.04%
	WDAY	B	0.11%	0.04%	0.04%
	WDC	D	0.04%	0.01%	0.01%
	WEC	A	0.06%	0.2%	0.06%
	WELL	A	0.17%	0.02%	0.02%
	WFC	A	0.5%	0.28%	0.28%
	WM	A	0.18%	0.52%	0.18%
	WMB	A	0.14%	0.19%	0.14%
	WMT	A	0.76%	0.76%	0.76%
	WRB	A	0.04%	0.14%	0.04%
	WST	C	0.05%	0.04%	0.04%
	WTW	B	0.06%	0.07%	0.06%
	WY	D	0.05%	0.02%	0.02%
	XEL	A	0.08%	0.09%	0.08%
	XOM	B	1.06%	0.47%	0.47%
	XYL	D	0.06%	0.01%	0.01%
	YUM	B	0.07%	0.15%	0.07%
	ZBH	C	0.05%	0.01%	0.01%
	ZBRA	B	0.04%	0.01%	0.01%
	ZM	B	0.04%	0.01%	0.01%
	ZTS	D	0.16%	0.15%	0.15%

GSUS Overweight 19 Positions Relative to QWLD

	Symbol	Grade	Weight
	SPOT	B	0.13%
	FLUT	A	0.09%
	TEAM	A	0.08%
	HUBS	A	0.07%
	CVNA	B	0.06%
	ALNY	D	0.06%
	UAL	A	0.06%
	MTD	D	0.05%
	CPNG	D	0.05%
	IBKR	A	0.04%
	ZS	C	0.04%
	MDB	C	0.04%
	ARM	D	0.03%
	SCCO	F	0.02%
	DOX	D	0.02%
	AGR	B	0.01%
	GFS	C	0.01%
	WMG	C	0.01%
	RKT	F	0.0%

GSUS Underweight 180 Positions Relative to QWLD

	Symbol	Grade	Weight
	NVS	D	-0.79%
	UL	D	-0.27%
	WCN	A	-0.27%
	HSBH	B	-0.25%
	GDDY	A	-0.25%
	MFG	B	-0.24%
	CHKP	D	-0.17%
	FFIV	B	-0.16%
	TM	D	-0.15%
	UTHR	C	-0.15%
	BAH	F	-0.15%
	INCY	C	-0.15%
	BRO	B	-0.14%
	MUFG	B	-0.14%
	CF	B	-0.13%
	ERIE	D	-0.12%
	JNPR	F	-0.12%
	TD	F	-0.12%
	E	F	-0.12%
	NBIX	C	-0.11%
	BCS	C	-0.11%
	FCNCA	A	-0.11%
	DEO	F	-0.11%
	CNI	D	-0.1%
	SMFG	B	-0.1%
	LYG	F	-0.09%
	PTC	A	-0.08%
	AIZ	A	-0.08%
	SONY	B	-0.08%
	STLA	F	-0.08%
	JKHY	D	-0.07%
	HMC	F	-0.07%
	SJM	D	-0.07%
	BMRN	D	-0.07%
	TPL	A	-0.06%
	TDY	B	-0.06%
	MOH	F	-0.06%
	LOGI	D	-0.06%
	BLDR	D	-0.05%
	LPLA	A	-0.05%
	BTI	B	-0.05%
	VLTO	D	-0.05%
	DINO	D	-0.05%
	MT	B	-0.05%
	DECK	A	-0.05%
	WBA	F	-0.04%
	MANH	D	-0.04%
	HUBB	B	-0.04%
	TRGP	B	-0.04%
	EME	C	-0.04%
	AVY	D	-0.03%
	IEX	B	-0.03%
	GGG	B	-0.03%
	BG	F	-0.03%
	FDS	B	-0.03%
	POOL	C	-0.03%
	SW	A	-0.03%
	PNR	A	-0.03%
	SOLV	C	-0.03%
	VTRS	A	-0.03%
	CSL	C	-0.03%
	WSO	A	-0.03%
	OC	A	-0.03%
	WSM	B	-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%
	ACI	C	-0.02%
	EQT	B	-0.02%
	AOS	F	-0.02%
	RS	B	-0.02%
	SEIC	B	-0.02%
	JBL	B	-0.02%
	NMR	B	-0.02%
	OVV	B	-0.02%
	AER	B	-0.02%
	MOS	F	-0.02%
	AFG	A	-0.02%
	PAYC	B	-0.02%
	MRO	B	-0.02%
	NDSN	B	-0.02%
	IPG	D	-0.02%
	DKS	C	-0.02%
	EPAM	C	-0.02%
	ALLE	D	-0.02%
	STLD	B	-0.02%
	APA	D	-0.02%
	CPT	B	-0.01%
	WTRG	B	-0.01%
	CTLT	B	-0.01%
	MGM	D	-0.01%
	FSLR	F	-0.01%
	MBAVU	D	-0.01%
	HST	C	-0.01%
	GLPI	C	-0.01%
	DVA	B	-0.01%
	RPM	A	-0.01%
	HII	D	-0.01%
	NWSA	B	-0.01%
	SUI	D	-0.01%
	REG	B	-0.01%
	BURL	A	-0.01%
	WPC	D	-0.01%
	TWLO	A	-0.01%
	HSIC	B	-0.01%
	RVTY	F	-0.01%
	BEN	C	-0.01%
	CG	A	-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%
	LKQ	D	-0.01%
	WFG	D	-0.01%
	SE	B	-0.01%
	EMN	D	-0.01%
	KNX	B	-0.01%
	BSY	D	-0.01%
	NI	A	-0.01%
	KIM	A	-0.01%
	ALB	C	-0.01%
	EQH	B	-0.01%
	UHS	D	-0.01%
	J	F	-0.01%
	CRBG	B	-0.01%
	EVRG	A	-0.01%
	SWK	D	-0.01%
	CHRW	C	-0.01%
	TAP	C	-0.01%
	CNH	C	-0.01%
	PARA	C	-0.01%
	GLBE	B	-0.0%
	IOT	A	-0.0%
	XRX	F	-0.0%
	TOST	B	-0.0%
	H	B	-0.0%
	PSTG	D	-0.0%
	FUTU	D	-0.0%
	HEI	B	-0.0%
	DT	C	-0.0%
	DAY	B	-0.0%
	DOCU	A	-0.0%
	EXAS	D	-0.0%
	PODD	C	-0.0%
	GRAB	B	-0.0%
	TECH	D	-0.0%
	ROKU	D	-0.0%
	WYNN	D	-0.0%
	OKTA	C	-0.0%
	MSTR	C	-0.0%
	TYL	B	-0.0%
	LII	A	-0.0%
	ELS	C	-0.0%
	HOOD	B	-0.0%
	ENTG	D	-0.0%
	TW	A	-0.0%
	HEI	B	-0.0%
	RIVN	F	-0.0%
	Z	A	-0.0%
	WLK	D	-0.0%
	MTCH	D	-0.0%
	QGEN	D	-0.0%
	LW	C	-0.0%
	BBWI	D	-0.0%
	AXON	A	-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%

GSUS: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Semiconductors Business Services Diversified Industrials Diagnostics & Research Asset Management Specialty Retail Banks - Regional - US Drug Manufacturers - Major Capital Markets Insurance - Property & Casualty Software - Infrastructure Aerospace & Defense Credit Services Household & Personal Products Internet Content & Information Medical Devices Medical Instruments & Supplies Oil & Gas E&P

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

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