KOKU vs. QWLD ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to SPDR MSCI World Quality Mix ETF (QWLD)

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$102.79

Average Daily Volume

367

Number of Holdings ^*

615

* 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	KOKU	QWLD
30 Days	2.13%	0.82%
60 Days	2.96%	0.23%
90 Days	3.69%	0.87%
12 Months	26.36%	22.65%

603 Overlapping Holdings

	Symbol	Grade	Weight in KOKU	Weight in QWLD	Overlap
	A	D	0.06%	0.06%	0.06%
	AAPL	C	4.94%	2.57%	2.57%
	ABBV	D	0.13%	0.16%	0.13%
	ABBV	D	0.44%	0.34%	0.34%
	ABBV	D	0.13%	0.34%	0.13%
	ABBV	D	0.44%	0.16%	0.16%
	ABNB	C	0.09%	0.01%	0.01%
	ABT	B	0.3%	0.09%	0.09%
	ACGL	D	0.06%	0.26%	0.06%
	ACI	C	0.01%	0.02%	0.01%
	ACM	A	0.03%	0.01%	0.01%
	ACN	C	0.33%	0.65%	0.33%
	ADBE	C	0.34%	0.42%	0.34%
	ADI	D	0.15%	0.04%	0.04%
	ADM	D	0.04%	0.05%	0.04%
	ADP	B	0.19%	0.26%	0.19%
	ADSK	A	0.1%	0.1%	0.1%
	AEE	A	0.04%	0.09%	0.04%
	AEP	D	0.08%	0.07%	0.07%
	AER	B	0.03%	0.02%	0.02%
	AES	F	0.01%	0.01%	0.01%
	AFG	A	0.01%	0.02%	0.01%
	AFL	B	0.09%	0.12%	0.09%
	AIG	B	0.08%	0.07%	0.07%
	AIZ	A	0.02%	0.08%	0.02%
	AJG	B	0.09%	0.19%	0.09%
	AKAM	D	0.02%	0.11%	0.02%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.02%	0.0%	0.0%
	ALL	A	0.08%	0.08%	0.08%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	AMAT	F	0.21%	0.29%	0.21%
	AMCR	D	0.02%	0.08%	0.02%
	AMD	F	0.33%	0.03%	0.03%
	AME	A	0.07%	0.01%	0.01%
	AMGN	D	0.23%	0.16%	0.16%
	AMH	D	0.02%	0.0%	0.0%
	AMP	A	0.09%	0.09%	0.09%
	AMT	D	0.14%	0.02%	0.02%
	AMZN	C	2.86%	0.37%	0.37%
	ANET	C	0.15%	0.19%	0.15%
	ANSS	B	0.04%	0.0%	0.0%
	AON	A	0.11%	0.17%	0.11%
	AOS	F	0.01%	0.02%	0.01%
	APA	D	0.01%	0.02%	0.01%
	APD	A	0.11%	0.03%	0.03%
	APH	A	0.13%	0.43%	0.13%
	APO	B	0.1%	0.02%	0.02%
	APP	B	0.09%	0.0%	0.0%
	APTV	D	0.02%	0.01%	0.01%
	ARE	D	0.02%	0.01%	0.01%
	ARES	A	0.05%	0.0%	0.0%
	ATO	A	0.03%	0.01%	0.01%
	AVB	B	0.05%	0.01%	0.01%
	AVGO	D	1.1%	0.11%	0.11%
	AVTR	F	0.02%	0.01%	0.01%
	AVY	D	0.02%	0.03%	0.02%
	AWK	D	0.04%	0.01%	0.01%
	AXON	A	0.06%	0.0%	0.0%
	AXP	A	0.25%	0.06%	0.06%
	AZO	C	0.08%	0.28%	0.08%
	BA	F	0.15%	0.01%	0.01%
	BAC	A	0.5%	0.39%	0.39%
	BAH	F	0.03%	0.15%	0.03%
	BALL	D	0.03%	0.01%	0.01%
	BAX	D	0.02%	0.01%	0.01%
	BBWI	D	0.01%	0.0%	0.0%
	BBY	D	0.03%	0.06%	0.03%
	BCS	C	0.07%	0.11%	0.07%
	BDX	F	0.1%	0.07%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.02%	0.03%	0.02%
	BIIB	F	0.03%	0.01%	0.01%
	BIO	D	0.01%	0.0%	0.0%
	BK	A	0.09%	0.05%	0.05%
	BKNG	A	0.25%	0.03%	0.03%
	BKR	B	0.07%	0.02%	0.02%
	BLDR	D	0.03%	0.05%	0.03%
	BLK	C	0.23%	0.25%	0.23%
	BMRN	D	0.02%	0.07%	0.02%
	BMY	B	0.18%	0.21%	0.18%
	BR	A	0.04%	0.04%	0.04%
	BRK.A	B	0.94%	0.73%	0.73%
	BRO	B	0.04%	0.14%	0.04%
	BSX	B	0.19%	0.02%	0.02%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.02%	0.01%	0.01%
	BX	A	0.19%	0.03%	0.03%
	BXP	D	0.02%	0.01%	0.01%
	C	A	0.2%	0.25%	0.2%
	CAG	D	0.02%	0.04%	0.02%
	CAH	B	0.04%	0.13%	0.04%
	CARR	D	0.09%	0.02%	0.02%
	CAT	B	0.28%	0.36%	0.28%
	CB	C	0.17%	0.4%	0.17%
	CBOE	B	0.03%	0.24%	0.03%
	CBRE	B	0.06%	0.03%	0.03%
	CCEP	C	0.02%	0.01%	0.01%
	CCI	D	0.07%	0.01%	0.01%
	CCK	C	0.02%	0.01%	0.01%
	CCL	B	0.04%	0.01%	0.01%
	CDNS	B	0.12%	0.13%	0.12%
	CDW	F	0.03%	0.07%	0.03%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.11%	0.02%	0.02%
	CF	B	0.03%	0.13%	0.03%
	CFG	B	0.03%	0.04%	0.03%
	CG	A	0.01%	0.01%	0.01%
	CHD	B	0.04%	0.19%	0.04%
	CHKP	D	0.03%	0.17%	0.03%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	C	0.02%	0.01%	0.01%
	CHTR	C	0.06%	0.05%	0.05%
	CI	F	0.13%	0.18%	0.13%
	CINF	A	0.03%	0.02%	0.02%
	CL	D	0.11%	0.2%	0.11%
	CLX	B	0.03%	0.01%	0.01%
	CMCSA	B	0.26%	0.17%	0.17%
	CME	A	0.12%	0.16%	0.12%
	CMG	B	0.13%	0.14%	0.13%
	CMI	A	0.07%	0.1%	0.07%
	CMS	C	0.03%	0.05%	0.03%
	CNC	D	0.05%	0.05%	0.05%
	CNH	C	0.02%	0.01%	0.01%
	CNI	D	0.09%	0.1%	0.09%
	CNP	B	0.03%	0.01%	0.01%
	COF	B	0.11%	0.1%	0.1%
	COIN	C	0.09%	0.01%	0.01%
	COP	C	0.2%	0.1%	0.1%
	COR	B	0.06%	0.41%	0.06%
	COST	B	0.6%	0.76%	0.6%
	CPAY	A	0.04%	0.01%	0.01%
	CPB	D	0.01%	0.09%	0.01%
	CPRT	A	0.07%	0.08%	0.07%
	CPT	B	0.02%	0.01%	0.01%
	CRBG	B	0.01%	0.01%	0.01%
	CRL	C	0.01%	0.0%	0.0%
	CRM	B	0.47%	0.06%	0.06%
	CRWD	B	0.11%	0.0%	0.0%
	CSCO	B	0.35%	1.03%	0.35%
	CSGP	D	0.04%	0.0%	0.0%
	CSL	C	0.03%	0.03%	0.03%
	CSX	B	0.1%	0.11%	0.1%
	CTAS	B	0.12%	0.14%	0.12%
	CTLT	B	0.01%	0.01%	0.01%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	B	0.06%	0.2%	0.06%
	CTVA	C	0.06%	0.04%	0.04%
	CVS	D	0.1%	0.16%	0.1%
	CVX	A	0.42%	0.33%	0.33%
	D	C	0.07%	0.06%	0.06%
	DAL	C	0.01%	0.01%	0.01%
	DASH	A	0.08%	0.01%	0.01%
	DAY	B	0.02%	0.0%	0.0%
	DD	D	0.05%	0.02%	0.02%
	DDOG	A	0.05%	0.0%	0.0%
	DE	A	0.16%	0.06%	0.06%
	DECK	A	0.05%	0.05%	0.05%
	DELL	C	0.06%	0.01%	0.01%
	DEO	F	0.1%	0.11%	0.1%
	DFS	B	0.07%	0.04%	0.04%
	DG	F	0.03%	0.01%	0.01%
	DGX	A	0.03%	0.11%	0.03%
	DHI	D	0.07%	0.1%	0.07%
	DHR	F	0.24%	0.05%	0.05%
	DINO	D	0.01%	0.05%	0.01%
	DIS	B	0.31%	0.1%	0.1%
	DKNG	B	0.02%	0.0%	0.0%
	DKS	C	0.02%	0.02%	0.02%
	DLR	B	0.08%	0.02%	0.02%
	DLTR	F	0.02%	0.01%	0.01%
	DOC	D	0.02%	0.01%	0.01%
	DOCU	A	0.02%	0.0%	0.0%
	DOV	A	0.04%	0.05%	0.04%
	DOW	F	0.05%	0.03%	0.03%
	DPZ	C	0.02%	0.06%	0.02%
	DRI	B	0.03%	0.03%	0.03%
	DT	C	0.02%	0.0%	0.0%
	DTE	C	0.04%	0.02%	0.02%
	DUK	C	0.13%	0.36%	0.13%
	DVA	B	0.02%	0.01%	0.01%
	DVN	F	0.04%	0.03%	0.03%
	DXCM	D	0.04%	0.0%	0.0%
	E	F	0.05%	0.12%	0.05%
	EA	A	0.06%	0.2%	0.06%
	EBAY	D	0.05%	0.01%	0.01%
	ECL	D	0.09%	0.01%	0.01%
	ED	D	0.05%	0.35%	0.05%
	EFX	F	0.04%	0.01%	0.01%
	EG	C	0.02%	0.06%	0.02%
	EIX	B	0.05%	0.03%	0.03%
	EL	F	0.02%	0.01%	0.01%
	ELS	C	0.02%	0.0%	0.0%
	ELV	F	0.14%	0.21%	0.14%
	EME	C	0.03%	0.04%	0.03%
	EMN	D	0.02%	0.01%	0.01%
	EMR	A	0.11%	0.03%	0.03%
	ENPH	F	0.01%	0.01%	0.01%
	ENTG	D	0.02%	0.0%	0.0%
	EOG	A	0.12%	0.06%	0.06%
	EPAM	C	0.02%	0.02%	0.02%
	EQH	B	0.03%	0.01%	0.01%
	EQIX	A	0.13%	0.02%	0.02%
	EQR	B	0.04%	0.01%	0.01%
	EQT	B	0.04%	0.02%	0.02%
	ERIE	D	0.02%	0.12%	0.02%
	ES	D	0.04%	0.01%	0.01%
	ESS	B	0.03%	0.01%	0.01%
	ETN	A	0.21%	0.03%	0.03%
	ETR	B	0.05%	0.03%	0.03%
	EVRG	A	0.02%	0.01%	0.01%
	EW	C	0.06%	0.07%	0.06%
	EXAS	D	0.01%	0.0%	0.0%
	EXC	C	0.06%	0.03%	0.03%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.04%	0.01%	0.01%
	EXR	D	0.05%	0.01%	0.01%
	F	C	0.06%	0.09%	0.06%
	FANG	D	0.05%	0.09%	0.05%
	FAST	B	0.07%	0.09%	0.07%
	FBIN	D	0.02%	0.0%	0.0%
	FCNCA	A	0.03%	0.11%	0.03%
	FCX	D	0.09%	0.02%	0.02%
	FDS	B	0.03%	0.03%	0.03%
	FDX	B	0.1%	0.07%	0.07%
	FE	C	0.04%	0.01%	0.01%
	FFIV	B	0.02%	0.16%	0.02%
	FI	A	0.19%	0.09%	0.09%
	FICO	B	0.09%	0.05%	0.05%
	FIS	C	0.07%	0.02%	0.02%
	FITB	A	0.05%	0.03%	0.03%
	FNF	B	0.02%	0.01%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.01%	0.01%
	FSLR	F	0.03%	0.01%	0.01%
	FTNT	C	0.09%	0.01%	0.01%
	FTV	C	0.04%	0.01%	0.01%
	FUTU	D	0.01%	0.0%	0.0%
	GD	F	0.1%	0.18%	0.1%
	GDDY	A	0.04%	0.25%	0.04%
	GE	D	0.29%	0.31%	0.29%
	GEHC	F	0.05%	0.02%	0.02%
	GEN	B	0.02%	0.12%	0.02%
	GEV	B	0.13%	0.02%	0.02%
	GGG	B	0.02%	0.03%	0.02%
	GILD	C	0.16%	0.24%	0.16%
	GIS	D	0.05%	0.33%	0.05%
	GLBE	B	0.01%	0.0%	0.0%
	GLPI	C	0.02%	0.01%	0.01%
	GLW	B	0.06%	0.02%	0.02%
	GM	B	0.1%	0.19%	0.1%
	GOOG	C	1.33%	0.94%	0.94%
	GOOGL	C	1.52%	1.07%	1.07%
	GPC	D	0.03%	0.05%	0.03%
	GPN	B	0.04%	0.02%	0.02%
	GRAB	B	0.01%	0.0%	0.0%
	GRMN	B	0.05%	0.05%	0.05%
	GS	A	0.29%	0.17%	0.17%
	GWW	B	0.08%	0.11%	0.08%
	H	B	0.01%	0.0%	0.0%
	HAL	C	0.04%	0.02%	0.02%
	HBAN	A	0.04%	0.03%	0.03%
	HCA	F	0.1%	0.04%	0.04%
	HD	A	0.61%	0.15%	0.15%
	HEI	B	0.02%	0.0%	0.0%
	HEI	B	0.02%	0.0%	0.0%
	HEI	B	0.02%	0.0%	0.0%
	HEI	B	0.02%	0.0%	0.0%
	HES	B	0.06%	0.01%	0.01%
	HIG	B	0.06%	0.03%	0.03%
	HII	D	0.01%	0.01%	0.01%
	HLT	A	0.1%	0.01%	0.01%
	HOLX	D	0.03%	0.01%	0.01%
	HON	B	0.23%	0.26%	0.23%
	HOOD	B	0.02%	0.0%	0.0%
	HPE	B	0.04%	0.04%	0.04%
	HPQ	B	0.05%	0.04%	0.04%
	HRL	D	0.01%	0.09%	0.01%
	HSBH	B	0.25%	0.25%	0.25%
	HSIC	B	0.01%	0.01%	0.01%
	HST	C	0.02%	0.01%	0.01%
	HSY	F	0.04%	0.16%	0.04%
	HUBB	B	0.03%	0.04%	0.03%
	HUM	C	0.05%	0.15%	0.05%
	HWM	A	0.07%	0.01%	0.01%
	IBM	C	0.29%	0.46%	0.29%
	ICE	C	0.13%	0.03%	0.03%
	IDXX	F	0.05%	0.07%	0.05%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.03%	0.01%	0.01%
	ILMN	D	0.03%	0.0%	0.0%
	INCY	C	0.02%	0.15%	0.02%
	INTC	D	0.15%	0.1%	0.1%
	INTU	C	0.29%	0.27%	0.27%
	INVH	D	0.03%	0.01%	0.01%
	IOT	A	0.01%	0.0%	0.0%
	IP	B	0.03%	0.02%	0.02%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.05%	0.01%	0.01%
	IR	B	0.06%	0.01%	0.01%
	IRM	D	0.05%	0.01%	0.01%
	ISRG	A	0.28%	0.25%	0.25%
	IT	C	0.06%	0.03%	0.03%
	ITW	B	0.12%	0.13%	0.12%
	J	F	0.03%	0.01%	0.01%
	JBHT	C	0.02%	0.03%	0.02%
	JBL	B	0.02%	0.02%	0.02%
	JCI	C	0.09%	0.03%	0.03%
	JKHY	D	0.02%	0.07%	0.02%
	JNJ	D	0.56%	1.1%	0.56%
	JNPR	F	0.01%	0.12%	0.01%
	JPM	A	1.06%	0.6%	0.6%
	K	A	0.03%	0.23%	0.03%
	KDP	D	0.05%	0.14%	0.05%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	A	0.04%	0.17%	0.04%
	KHC	F	0.04%	0.2%	0.04%
	KIM	A	0.02%	0.01%	0.01%
	KKR	A	0.14%	0.02%	0.02%
	KLAC	D	0.13%	0.14%	0.13%
	KMB	D	0.07%	0.11%	0.07%
	KMI	A	0.08%	0.04%	0.04%
	KMX	B	0.02%	0.02%	0.02%
	KNX	B	0.01%	0.01%	0.01%
	KO	D	0.38%	0.56%	0.38%
	KR	B	0.06%	0.31%	0.06%
	KVUE	A	0.07%	0.08%	0.07%
	L	A	0.02%	0.17%	0.02%
	LDOS	C	0.03%	0.01%	0.01%
	LEN	D	0.06%	0.09%	0.06%
	LH	C	0.03%	0.02%	0.02%
	LHX	C	0.07%	0.02%	0.02%
	LII	A	0.03%	0.0%	0.0%
	LIN	D	0.33%	0.06%	0.06%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	F	0.91%	1.14%	0.91%
	LMT	D	0.17%	0.42%	0.17%
	LNG	B	0.08%	0.06%	0.06%
	LNT	A	0.02%	0.03%	0.02%
	LOGI	D	0.02%	0.06%	0.02%
	LOW	D	0.23%	0.07%	0.07%
	LPLA	A	0.04%	0.05%	0.04%
	LRCX	F	0.14%	0.18%	0.14%
	LULU	C	0.05%	0.07%	0.05%
	LUV	C	0.01%	0.0%	0.0%
	LVS	C	0.03%	0.0%	0.0%
	LW	C	0.02%	0.0%	0.0%
	LYB	F	0.03%	0.03%	0.03%
	LYG	F	0.07%	0.09%	0.07%
	LYV	A	0.03%	0.0%	0.0%
	MA	C	0.65%	0.71%	0.65%
	MAA	B	0.03%	0.01%	0.01%
	MANH	D	0.02%	0.04%	0.02%
	MAR	B	0.11%	0.01%	0.01%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.32%	0.42%	0.32%
	MCHP	D	0.05%	0.06%	0.05%
	MCK	B	0.12%	0.58%	0.12%
	MCO	B	0.12%	0.13%	0.12%
	MDLZ	F	0.13%	0.14%	0.13%
	MDT	D	0.18%	0.06%	0.06%
	MELI	D	0.13%	0.01%	0.01%
	MET	A	0.08%	0.05%	0.05%
	META	D	1.82%	2.11%	1.82%
	MGM	D	0.02%	0.01%	0.01%
	MKC	D	0.03%	0.01%	0.01%
	MKL	A	0.03%	0.13%	0.03%
	MKTX	D	0.01%	0.02%	0.01%
	MLM	B	0.06%	0.01%	0.01%
	MMC	B	0.16%	0.51%	0.16%
	MMM	D	0.11%	0.14%	0.11%
	MNST	C	0.06%	0.07%	0.06%
	MO	A	0.15%	0.04%	0.04%
	MOH	F	0.03%	0.06%	0.03%
	MOS	F	0.01%	0.02%	0.01%
	MPC	D	0.09%	0.17%	0.09%
	MPWR	F	0.05%	0.04%	0.04%
	MRK	F	0.37%	0.42%	0.37%
	MRNA	F	0.02%	0.01%	0.01%
	MRO	B	0.03%	0.02%	0.02%
	MRVL	B	0.11%	0.01%	0.01%
	MS	A	0.25%	0.12%	0.12%
	MSCI	C	0.07%	0.0%	0.0%
	MSFT	F	4.41%	2.3%	2.3%
	MSI	B	0.12%	0.65%	0.12%
	MSTR	C	0.08%	0.0%	0.0%
	MTB	A	0.05%	0.05%	0.05%
	MTCH	D	0.01%	0.0%	0.0%
	MU	D	0.16%	0.04%	0.04%
	NBIX	C	0.02%	0.11%	0.02%
	NDAQ	A	0.05%	0.01%	0.01%
	NDSN	B	0.02%	0.02%	0.02%
	NEE	D	0.23%	0.06%	0.06%
	NEM	D	0.07%	0.04%	0.04%
	NET	B	0.04%	0.0%	0.0%
	NFLX	A	0.54%	0.54%	0.54%
	NI	A	0.02%	0.01%	0.01%
	NKE	D	0.14%	0.17%	0.14%
	NOC	D	0.11%	0.32%	0.11%
	NOW	A	0.31%	0.01%	0.01%
	NRG	B	0.03%	0.02%	0.02%
	NSC	B	0.09%	0.03%	0.03%
	NTAP	C	0.04%	0.04%	0.04%
	NTRS	A	0.03%	0.02%	0.02%
	NUE	C	0.06%	0.04%	0.04%
	NVDA	C	5.27%	2.53%	2.53%
	NVR	D	0.05%	0.06%	0.05%
	NVS	D	0.3%	0.79%	0.3%
	NWSA	B	0.02%	0.01%	0.01%
	NXPI	D	0.08%	0.02%	0.02%
	O	D	0.07%	0.02%	0.02%
	OC	A	0.03%	0.03%	0.03%
	ODFL	B	0.06%	0.08%	0.06%
	OKE	A	0.1%	0.03%	0.03%
	OKTA	C	0.02%	0.0%	0.0%
	OMC	C	0.03%	0.04%	0.03%
	ON	D	0.04%	0.01%	0.01%
	ORCL	B	0.46%	0.25%	0.25%
	ORLY	B	0.11%	0.24%	0.11%
	OTEX	D	0.01%	0.0%	0.0%
	OTIS	C	0.06%	0.01%	0.01%
	OVV	B	0.02%	0.02%	0.02%
	OXY	D	0.05%	0.03%	0.03%
	PANW	C	0.19%	0.18%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.07%	0.1%	0.07%
	PCAR	B	0.09%	0.11%	0.09%
	PCG	A	0.06%	0.03%	0.03%
	PEG	A	0.07%	0.02%	0.02%
	PEP	F	0.33%	0.77%	0.33%
	PFE	D	0.21%	0.18%	0.18%
	PFG	D	0.03%	0.02%	0.02%
	PG	A	0.6%	0.95%	0.6%
	PGR	A	0.22%	0.35%	0.22%
	PH	A	0.14%	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	0.16%	0.04%	0.04%
	PLTR	B	0.2%	0.0%	0.0%
	PM	B	0.3%	0.07%	0.07%
	PNC	B	0.13%	0.1%	0.1%
	PNR	A	0.03%	0.03%	0.03%
	PODD	C	0.03%	0.0%	0.0%
	POOL	C	0.02%	0.03%	0.02%
	PPG	F	0.04%	0.01%	0.01%
	PPL	B	0.04%	0.01%	0.01%
	PRU	A	0.07%	0.05%	0.05%
	PSA	D	0.08%	0.09%	0.08%
	PSTG	D	0.02%	0.0%	0.0%
	PSX	C	0.08%	0.14%	0.08%
	PTC	A	0.04%	0.08%	0.04%
	PWR	A	0.07%	0.01%	0.01%
	PYPL	B	0.13%	0.04%	0.04%
	QCOM	F	0.27%	0.32%	0.27%
	QGEN	D	0.01%	0.0%	0.0%
	QRVO	F	0.01%	0.0%	0.0%
	RBLX	C	0.03%	0.0%	0.0%
	RCL	A	0.09%	0.01%	0.01%
	REG	B	0.02%	0.01%	0.01%
	REGN	F	0.13%	0.31%	0.13%
	RF	A	0.04%	0.03%	0.03%
	RIVN	F	0.01%	0.0%	0.0%
	RJF	A	0.05%	0.02%	0.02%
	RMD	C	0.05%	0.05%	0.05%
	ROK	B	0.05%	0.06%	0.05%
	ROKU	D	0.01%	0.0%	0.0%
	ROL	B	0.02%	0.08%	0.02%
	ROP	B	0.09%	0.48%	0.09%
	ROST	C	0.07%	0.02%	0.02%
	RPM	A	0.03%	0.01%	0.01%
	RPRX	D	0.02%	0.01%	0.01%
	RS	B	0.02%	0.02%	0.02%
	RSG	A	0.07%	0.46%	0.07%
	RTX	C	0.24%	0.09%	0.09%
	RVTY	F	0.02%	0.01%	0.01%
	SBAC	D	0.04%	0.01%	0.01%
	SBUX	A	0.17%	0.04%	0.04%
	SCHW	B	0.19%	0.04%	0.04%
	SE	B	0.05%	0.01%	0.01%
	SEIC	B	0.01%	0.02%	0.01%
	SHW	A	0.14%	0.14%	0.14%
	SJM	D	0.02%	0.07%	0.02%
	SLB	C	0.09%	0.03%	0.03%
	SMCI	F	0.01%	0.01%	0.01%
	SNA	A	0.03%	0.04%	0.03%
	SNAP	C	0.02%	0.0%	0.0%
	SNOW	C	0.06%	0.0%	0.0%
	SNPS	B	0.12%	0.12%	0.12%
	SO	D	0.14%	0.46%	0.14%
	SOLV	C	0.01%	0.03%	0.01%
	SPG	B	0.09%	0.02%	0.02%
	SPGI	C	0.24%	0.04%	0.04%
	SQ	B	0.07%	0.02%	0.02%
	SRE	A	0.09%	0.04%	0.04%
	SSNC	B	0.03%	0.01%	0.01%
	STE	F	0.03%	0.01%	0.01%
	STLA	F	0.04%	0.08%	0.04%
	STLD	B	0.03%	0.02%	0.02%
	STT	A	0.04%	0.03%	0.03%
	STX	D	0.03%	0.01%	0.01%
	STZ	D	0.06%	0.01%	0.01%
	SUI	D	0.02%	0.01%	0.01%
	SW	A	0.04%	0.03%	0.03%
	SWK	D	0.02%	0.01%	0.01%
	SWKS	F	0.02%	0.03%	0.02%
	SYF	B	0.04%	0.04%	0.04%
	SYK	C	0.2%	0.03%	0.03%
	SYY	B	0.06%	0.03%	0.03%
	T	A	0.24%	0.39%	0.24%
	TAP	C	0.02%	0.01%	0.01%
	TD	F	0.15%	0.12%	0.12%
	TDG	D	0.11%	0.01%	0.01%
	TDY	B	0.03%	0.06%	0.03%
	TECH	D	0.02%	0.0%	0.0%
	TER	D	0.02%	0.02%	0.02%
	TFC	A	0.09%	0.09%	0.09%
	TFX	F	0.01%	0.0%	0.0%
	TGT	F	0.11%	0.15%	0.11%
	TJX	A	0.21%	0.35%	0.21%
	TMO	F	0.29%	0.06%	0.06%
	TMUS	B	0.19%	0.76%	0.19%
	TOST	B	0.02%	0.0%	0.0%
	TPL	A	0.04%	0.06%	0.04%
	TRGP	B	0.06%	0.04%	0.04%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	B	0.04%	0.05%	0.04%
	TRU	D	0.03%	0.01%	0.01%
	TRV	B	0.09%	0.3%	0.09%
	TSCO	D	0.04%	0.06%	0.04%
	TSLA	B	1.39%	0.16%	0.16%
	TSN	B	0.03%	0.15%	0.03%
	TT	A	0.14%	0.15%	0.14%
	TTC	D	0.01%	0.02%	0.01%
	TTD	B	0.08%	0.0%	0.0%
	TTWO	A	0.05%	0.01%	0.01%
	TW	A	0.02%	0.0%	0.0%
	TWLO	A	0.02%	0.01%	0.01%
	TXN	C	0.27%	0.48%	0.27%
	TXT	D	0.03%	0.01%	0.01%
	TYL	B	0.04%	0.0%	0.0%
	UBER	D	0.2%	0.01%	0.01%
	UDR	B	0.02%	0.0%	0.0%
	UHAL	D	0.01%	0.0%	0.0%
	UHS	D	0.02%	0.01%	0.01%
	UL	D	0.22%	0.27%	0.22%
	ULTA	F	0.03%	0.06%	0.03%
	UNH	C	0.82%	1.35%	0.82%
	UNP	C	0.22%	0.26%	0.22%
	UPS	C	0.14%	0.07%	0.07%
	URI	B	0.09%	0.02%	0.02%
	USB	A	0.12%	0.09%	0.09%
	UTHR	C	0.02%	0.15%	0.02%
	V	A	0.73%	1.21%	0.73%
	VEEV	C	0.05%	0.05%	0.05%
	VICI	C	0.05%	0.02%	0.02%
	VLO	C	0.07%	0.08%	0.07%
	VLTO	D	0.03%	0.05%	0.03%
	VMC	B	0.06%	0.01%	0.01%
	VRSK	A	0.06%	0.01%	0.01%
	VRSN	F	0.03%	0.14%	0.03%
	VRT	B	0.06%	0.0%	0.0%
	VRTX	F	0.18%	0.43%	0.18%
	VST	B	0.08%	0.01%	0.01%
	VTR	C	0.04%	0.01%	0.01%
	VTRS	A	0.02%	0.03%	0.02%
	VZ	C	0.26%	0.58%	0.26%
	WAB	B	0.05%	0.01%	0.01%
	WAT	B	0.03%	0.04%	0.03%
	WBA	F	0.01%	0.04%	0.01%
	WBD	C	0.03%	0.07%	0.03%
	WCN	A	0.07%	0.27%	0.07%
	WDAY	B	0.08%	0.04%	0.04%
	WDC	D	0.03%	0.01%	0.01%
	WEC	A	0.05%	0.2%	0.05%
	WELL	A	0.13%	0.02%	0.02%
	WFC	A	0.39%	0.28%	0.28%
	WFG	D	0.01%	0.01%	0.01%
	WLK	D	0.01%	0.0%	0.0%
	WM	A	0.13%	0.52%	0.13%
	WMB	A	0.11%	0.19%	0.11%
	WMT	A	0.56%	0.76%	0.56%
	WPC	D	0.02%	0.01%	0.01%
	WRB	A	0.03%	0.14%	0.03%
	WSM	B	0.02%	0.03%	0.02%
	WSO	A	0.02%	0.03%	0.02%
	WST	C	0.03%	0.04%	0.03%
	WTRG	B	0.02%	0.01%	0.01%
	WTW	B	0.05%	0.07%	0.05%
	WY	D	0.03%	0.02%	0.02%
	WYNN	D	0.01%	0.0%	0.0%
	XEL	A	0.06%	0.09%	0.06%
	XOM	B	0.8%	0.47%	0.47%
	XRX	F	0.02%	0.0%	0.0%
	XYL	D	0.04%	0.01%	0.01%
	YUM	B	0.06%	0.15%	0.06%
	Z	A	0.01%	0.0%	0.0%
	ZBH	C	0.03%	0.01%	0.01%
	ZBRA	B	0.03%	0.01%	0.01%
	ZM	B	0.03%	0.01%	0.01%
	ZTS	D	0.12%	0.15%	0.12%

KOKU Overweight 16 Positions Relative to QWLD

	Symbol	Grade	Weight
	SHOP	B	0.19%
	FLUT	A	0.07%
	GOLD	D	0.05%
	HUBS	A	0.05%
	TEAM	A	0.05%
	MTD	D	0.04%
	ALNY	D	0.04%
	TEVA	D	0.03%
	ZS	C	0.03%
	MDB	C	0.03%
	MNDY	C	0.02%
	WIX	B	0.02%
	CYBR	B	0.02%
	RBA	A	0.02%
	CELH	F	0.01%
	DOOO	F	0.0%

KOKU Underweight 11 Positions Relative to QWLD

	Symbol	Grade	Weight
	MFG	B	-0.24%
	TM	D	-0.15%
	MUFG	B	-0.14%
	SMFG	B	-0.1%
	SONY	B	-0.08%
	HMC	F	-0.07%
	BTI	B	-0.05%
	MT	B	-0.05%
	NMR	B	-0.02%
	MBAVU	D	-0.01%
	AGCO	D	-0.01%

KOKU: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Utilities - Regulated Electric Asset Management Semiconductors Software - Infrastructure Capital Markets Oil & Gas E&P Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology Drug Manufacturers - Major REIT - Residential Specialty Chemicals Insurance - Property & Casualty Internet Content & Information Packaged Foods

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

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