QARP vs. JUST ETF Comparison

Comparison of Xtrackers Russell 1000 US QARP ETF (QARP) to Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST)

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$84.67

Average Daily Volume

16,662

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	QARP	JUST
30 Days	3.81%	2.45%
60 Days	3.83%	4.36%
90 Days	5.70%	5.67%
12 Months	26.96%	31.80%

199 Overlapping Holdings

Symbol	Grade	Weight in QARP	Weight in JUST	Overlap
A	D	0.09%	0.08%	0.08%
AAL	B	0.04%	0.03%	0.03%
AAPL	C	4.88%	7.25%	4.88%
ABBV	D	0.02%	0.67%	0.02%
ABNB	C	0.23%	0.16%	0.16%
ABT	B	0.22%	0.45%	0.22%
ACGL	D	0.24%	0.1%	0.1%
ACM	A	0.04%	0.04%	0.04%
ACN	C	1.18%	0.58%	0.58%
ADBE	C	0.91%	0.51%	0.51%
ADI	D	0.08%	0.23%	0.08%
ADM	D	0.27%	0.07%	0.07%
ADP	B	0.21%	0.31%	0.21%
ADSK	A	0.06%	0.14%	0.06%
AGCO	D	0.06%	0.01%	0.01%
ALB	C	0.02%	0.03%	0.02%
ALK	C	0.04%	0.02%	0.02%
AMAT	F	0.77%	0.34%	0.34%
AMD	F	0.07%	0.49%	0.07%
AMGN	D	0.03%	0.35%	0.03%
AMZN	C	3.99%	4.89%	3.99%
AON	A	0.33%	0.21%	0.21%
APA	D	0.02%	0.02%	0.02%
APTV	D	0.05%	0.04%	0.04%
ARMK	B	0.04%	0.02%	0.02%
AYI	B	0.08%	0.03%	0.03%
BBWI	D	0.02%	0.02%	0.02%
BBY	D	0.23%	0.05%	0.05%
BIIB	F	0.02%	0.05%	0.02%
BKNG	A	0.8%	0.45%	0.45%
BKR	B	0.1%	0.1%	0.1%
BLD	D	0.05%	0.03%	0.03%
BMY	B	0.62%	0.27%	0.27%
BWA	D	0.06%	0.02%	0.02%
CAH	B	0.4%	0.07%	0.07%
CAT	B	0.67%	0.48%	0.48%
CBOE	B	0.07%	0.06%	0.06%
CBRE	B	0.09%	0.14%	0.09%
CDNS	B	0.02%	0.18%	0.02%
CE	F	0.02%	0.02%	0.02%
CF	B	0.13%	0.04%	0.04%
CHRW	C	0.06%	0.03%	0.03%
CHTR	C	0.14%	0.08%	0.08%
CI	F	0.55%	0.2%	0.2%
CL	D	0.21%	0.19%	0.19%
CLF	F	0.05%	0.01%	0.01%
CLX	B	0.06%	0.05%	0.05%
CMCSA	B	0.86%	0.37%	0.37%
CMG	B	0.11%	0.22%	0.11%
CMI	A	0.26%	0.13%	0.13%
CNC	D	0.23%	0.07%	0.07%
CNP	B	0.04%	0.05%	0.04%
COF	B	0.16%	0.17%	0.16%
COP	C	0.78%	0.31%	0.31%
COR	B	0.4%	0.1%	0.1%
COST	B	2.32%	1.09%	1.09%
CPB	D	0.02%	0.02%	0.02%
CPRT	A	0.07%	0.13%	0.07%
CRUS	D	0.03%	0.01%	0.01%
CSCO	B	1.97%	0.52%	0.52%
CSL	C	0.05%	0.05%	0.05%
CSX	B	0.07%	0.18%	0.07%
CTSH	B	0.3%	0.09%	0.09%
CVS	D	0.18%	0.18%	0.18%
CVX	A	1.54%	0.67%	0.67%
DAL	C	0.22%	0.11%	0.11%
DBX	B	0.04%	0.02%	0.02%
DD	D	0.02%	0.09%	0.02%
DE	A	0.24%	0.25%	0.24%
DECK	A	0.13%	0.07%	0.07%
DGX	A	0.03%	0.04%	0.03%
DINO	D	0.02%	0.01%	0.01%
DKS	C	0.09%	0.03%	0.03%
DOW	F	0.07%	0.08%	0.07%
DVN	F	0.17%	0.06%	0.06%
EA	A	0.21%	0.12%	0.12%
EBAY	D	0.09%	0.08%	0.08%
EL	F	0.02%	0.04%	0.02%
ELV	F	0.47%	0.21%	0.21%
EW	C	0.06%	0.09%	0.06%
EXEL	B	0.03%	0.02%	0.02%
EXPE	B	0.17%	0.06%	0.06%
FCN	D	0.03%	0.02%	0.02%
FCX	D	0.04%	0.16%	0.04%
FDX	B	0.33%	0.17%	0.17%
FFIV	B	0.06%	0.03%	0.03%
FOXA	B	0.03%	0.03%	0.03%
FTNT	C	0.22%	0.13%	0.13%
GAP	C	0.03%	0.01%	0.01%
GEV	B	0.2%	0.23%	0.2%
GILD	C	0.33%	0.26%	0.26%
GIS	D	0.09%	0.09%	0.09%
GM	B	0.25%	0.17%	0.17%
GOOG	C	2.14%	1.91%	1.91%
GOOGL	C	2.36%	2.25%	2.25%
GRMN	B	0.16%	0.09%	0.09%
HAL	C	0.06%	0.06%	0.06%
HCA	F	0.27%	0.15%	0.15%
HD	A	2.0%	1.07%	1.07%
HOLX	D	0.04%	0.04%	0.04%
HPQ	B	0.08%	0.08%	0.08%
HRB	D	0.08%	0.02%	0.02%
HSY	F	0.09%	0.07%	0.07%
HUM	C	0.31%	0.08%	0.08%
INCY	C	0.07%	0.03%	0.03%
INGR	B	0.05%	0.03%	0.03%
INTC	D	0.08%	0.23%	0.08%
ISRG	A	0.18%	0.43%	0.18%
ITT	A	0.05%	0.03%	0.03%
J	F	0.04%	0.05%	0.04%
JNPR	F	0.04%	0.03%	0.03%
K	A	0.06%	0.06%	0.06%
KEYS	A	0.12%	0.07%	0.07%
KMB	D	0.15%	0.11%	0.11%
LEA	D	0.04%	0.02%	0.02%
LH	C	0.07%	0.05%	0.05%
LLY	F	0.03%	1.41%	0.03%
LMT	D	0.71%	0.29%	0.29%
LNG	B	0.07%	0.11%	0.07%
LOPE	B	0.03%	0.01%	0.01%
LOW	D	0.78%	0.41%	0.41%
LPLA	A	0.19%	0.07%	0.07%
LPX	B	0.04%	0.02%	0.02%
LRCX	F	0.45%	0.21%	0.21%
LULU	C	0.18%	0.11%	0.11%
LUV	C	0.11%	0.05%	0.05%
LVS	C	0.04%	0.05%	0.04%
LYB	F	0.09%	0.05%	0.05%
M	D	0.02%	0.01%	0.01%
MA	C	1.58%	1.1%	1.1%
MAR	B	0.12%	0.17%	0.12%
MAS	D	0.07%	0.04%	0.04%
MCK	B	1.15%	0.2%	0.2%
MCO	B	0.33%	0.22%	0.22%
MGM	D	0.05%	0.02%	0.02%
MKTX	D	0.05%	0.03%	0.03%
MMC	B	0.55%	0.32%	0.32%
MMM	D	0.12%	0.19%	0.12%
MOS	F	0.04%	0.02%	0.02%
MPC	D	0.25%	0.13%	0.13%
MRK	F	0.32%	0.56%	0.32%
MRNA	F	0.05%	0.03%	0.03%
MSCI	C	0.23%	0.13%	0.13%
MSFT	F	2.05%	6.93%	2.05%
MTG	C	0.11%	0.02%	0.02%
MU	D	0.35%	0.24%	0.24%
NKE	D	0.31%	0.24%	0.24%
NTAP	C	0.06%	0.06%	0.06%
NVDA	C	0.18%	7.5%	0.18%
OC	A	0.13%	0.05%	0.05%
ON	D	0.04%	0.06%	0.04%
OSK	B	0.04%	0.02%	0.02%
OTIS	C	0.04%	0.1%	0.04%
OXY	D	0.06%	0.08%	0.06%
PFE	D	0.48%	0.33%	0.33%
PG	A	1.34%	1.0%	1.0%
PGR	A	0.06%	0.44%	0.06%
PII	D	0.03%	0.01%	0.01%
PINC	B	0.03%	0.01%	0.01%
PVH	C	0.03%	0.02%	0.02%
PWR	A	0.06%	0.12%	0.06%
PYPL	B	0.34%	0.22%	0.22%
QCOM	F	0.26%	0.4%	0.26%
REGN	F	0.26%	0.18%	0.18%
ROK	B	0.09%	0.08%	0.08%
SBUX	A	0.52%	0.3%	0.3%
SOLV	C	0.1%	0.02%	0.02%
SPGI	C	0.07%	0.46%	0.07%
SYF	B	0.14%	0.07%	0.07%
SYY	B	0.33%	0.1%	0.1%
T	A	0.69%	0.36%	0.36%
TAP	C	0.04%	0.03%	0.03%
TER	D	0.03%	0.04%	0.03%
TGT	F	0.4%	0.19%	0.19%
TJX	A	0.82%	0.36%	0.36%
TPR	B	0.12%	0.04%	0.04%
TSCO	D	0.16%	0.08%	0.08%
TSN	B	0.04%	0.05%	0.04%
TT	A	0.08%	0.23%	0.08%
TXN	C	0.37%	0.41%	0.37%
TXT	D	0.06%	0.04%	0.04%
UAL	A	0.1%	0.08%	0.08%
UNH	C	2.32%	1.22%	1.22%
UNP	C	0.12%	0.37%	0.12%
UPS	C	0.4%	0.25%	0.25%
URI	B	0.23%	0.14%	0.14%
USFD	A	0.04%	0.04%	0.04%
V	A	1.84%	1.24%	1.24%
VLO	C	0.18%	0.11%	0.11%
VRTX	F	0.21%	0.28%	0.21%
VST	B	0.2%	0.13%	0.13%
VZ	C	0.65%	0.38%	0.38%
WAT	B	0.03%	0.05%	0.03%
WBD	C	0.04%	0.06%	0.04%
WMT	A	2.88%	0.97%	0.97%
WSM	B	0.15%	0.04%	0.04%
WTW	B	0.03%	0.09%	0.03%
WY	D	0.08%	0.08%	0.08%
XOM	B	3.19%	1.29%	1.29%

QARP Overweight 146 Positions Relative to JUST

Symbol	Grade	Weight
BRK.A	B	5.21%
META	D	5.17%
JNJ	D	2.32%
TSLA	B	0.75%
MO	A	0.63%
PM	B	0.55%
EOG	A	0.5%
LEN	D	0.4%
MCD	D	0.39%
ORLY	B	0.38%
NUE	C	0.37%
AZO	C	0.34%
PSA	D	0.31%
DHI	D	0.31%
ITW	B	0.31%
KR	B	0.3%
GWW	B	0.27%
TROW	B	0.25%
ROST	C	0.25%
PCAR	B	0.24%
NVR	D	0.23%
STLD	B	0.23%
FAST	B	0.22%
KVUE	A	0.21%
PHM	D	0.21%
PAYX	C	0.2%
SPG	B	0.2%
FANG	D	0.19%
ODFL	B	0.19%
RS	B	0.17%
BLDR	D	0.17%
KLAC	D	0.17%
MNST	C	0.15%
EME	C	0.15%
ULTA	F	0.15%
SLB	C	0.14%
FCNCA	A	0.14%
DRI	B	0.13%
ANET	C	0.13%
EXPD	D	0.13%
GEHC	F	0.13%
PSX	C	0.12%
SNA	A	0.12%
CASY	A	0.12%
UTHR	C	0.11%
BJ	A	0.11%
CTRA	B	0.11%
EVR	B	0.11%
MRO	B	0.11%
CPNG	D	0.1%
FDS	B	0.1%
WST	C	0.09%
AMG	B	0.09%
CINF	A	0.09%
MTD	D	0.09%
FICO	B	0.08%
WSO	A	0.08%
SWKS	F	0.08%
CTAS	B	0.08%
PFGC	B	0.08%
LYV	A	0.08%
DOX	D	0.07%
GGG	B	0.07%
GPC	D	0.07%
DLTR	F	0.07%
RHI	B	0.07%
SEIC	B	0.07%
VICI	C	0.07%
ATO	A	0.07%
TOL	B	0.07%
EG	C	0.06%
EXP	A	0.06%
PKG	A	0.06%
TXRH	C	0.06%
SKX	D	0.06%
BX	A	0.06%
JBL	B	0.06%
MOH	F	0.06%
POOL	C	0.06%
VRSN	F	0.06%
AOS	F	0.06%
FIX	A	0.05%
CCL	B	0.05%
JKHY	D	0.05%
ORCL	B	0.05%
JBHT	C	0.05%
ALGN	D	0.05%
LSTR	D	0.05%
UHS	D	0.05%
SAIA	B	0.05%
COIN	C	0.05%
RNR	C	0.05%
MUSA	A	0.05%
YUM	B	0.05%
RL	B	0.05%
ACI	C	0.05%
MCHP	D	0.04%
NYT	C	0.04%
KNSL	B	0.04%
CHE	D	0.04%
ROL	B	0.04%
WYNN	D	0.04%
CNM	D	0.04%
ALSN	B	0.04%
COKE	C	0.04%
PAYC	B	0.04%
GNTX	C	0.04%
FND	C	0.04%
BURL	A	0.04%
LECO	B	0.04%
EPAM	C	0.04%
CHRD	D	0.04%
HLI	B	0.04%
DCI	B	0.04%
IP	B	0.04%
SSD	D	0.03%
OLN	D	0.03%
SJM	D	0.03%
MTZ	B	0.03%
RLI	B	0.03%
G	B	0.03%
GLPI	C	0.03%
RPRX	D	0.03%
KNX	B	0.03%
MSM	C	0.03%
THO	B	0.03%
DPZ	C	0.03%
OVV	B	0.03%
JHG	A	0.03%
LAMR	D	0.03%
HST	C	0.03%
MEDP	D	0.03%
VVV	F	0.03%
AMCR	D	0.03%
X	C	0.03%
CDW	F	0.02%
AR	B	0.02%
NEU	C	0.02%
HII	D	0.02%
FIVE	F	0.02%
TTEK	F	0.02%
CTVA	C	0.02%
LKQ	D	0.02%
MHK	D	0.02%
CROX	D	0.02%
IWB	A	0.0%

QARP Underweight 257 Positions Relative to JUST

Symbol	Grade	Weight
JPM	A	-2.01%
AVGO	D	-1.69%
BAC	A	-0.9%
CRM	B	-0.68%
KO	D	-0.62%
PEP	F	-0.58%
LIN	D	-0.57%
GS	A	-0.54%
DIS	B	-0.53%
GE	D	-0.5%
TMO	F	-0.46%
NOW	A	-0.46%
MS	A	-0.45%
BLK	C	-0.45%
NEE	D	-0.43%
IBM	C	-0.42%
AXP	A	-0.41%
INTU	C	-0.41%
RTX	C	-0.4%
C	A	-0.38%
UBER	D	-0.38%
HON	B	-0.38%
ETN	A	-0.37%
PLD	D	-0.36%
SCHW	B	-0.35%
DHR	F	-0.35%
FI	A	-0.31%
SYK	C	-0.31%
AMT	D	-0.31%
BSX	B	-0.29%
EQIX	A	-0.29%
TMUS	B	-0.26%
PANW	C	-0.26%
MDT	D	-0.25%
WM	A	-0.25%
ICE	C	-0.25%
DUK	C	-0.24%
PNC	B	-0.24%
BA	F	-0.24%
USB	A	-0.23%
SHW	A	-0.23%
CME	A	-0.23%
MDLZ	F	-0.22%
DLR	B	-0.2%
CEG	D	-0.2%
NOC	D	-0.18%
TFC	A	-0.18%
AFL	B	-0.18%
ZTS	D	-0.18%
SNPS	B	-0.18%
APD	A	-0.18%
EMR	A	-0.18%
BK	A	-0.17%
MRVL	B	-0.17%
TRV	B	-0.17%
SRE	A	-0.16%
CARR	D	-0.16%
WMB	A	-0.16%
ECL	D	-0.16%
AMP	A	-0.16%
HLT	A	-0.16%
JCI	C	-0.15%
BDX	F	-0.15%
ALL	A	-0.15%
OKE	A	-0.15%
RCL	A	-0.15%
CCI	D	-0.15%
AEP	D	-0.14%
MET	A	-0.14%
AIG	B	-0.14%
WDAY	B	-0.13%
D	C	-0.13%
PRU	A	-0.13%
LHX	C	-0.12%
PEG	A	-0.12%
NEM	D	-0.12%
DFS	B	-0.12%
KMI	A	-0.12%
VRSK	A	-0.11%
EXC	C	-0.11%
XEL	A	-0.11%
IR	B	-0.11%
AVB	B	-0.11%
AME	A	-0.11%
IRM	D	-0.11%
F	C	-0.11%
KDP	D	-0.1%
HES	B	-0.1%
HIG	B	-0.1%
MTB	A	-0.1%
CSGP	D	-0.1%
EIX	B	-0.09%
ETR	B	-0.09%
VTR	C	-0.09%
WAB	B	-0.09%
IT	C	-0.09%
FITB	A	-0.09%
NDAQ	A	-0.09%
EQR	B	-0.09%
MLM	B	-0.09%
BR	A	-0.08%
IDXX	F	-0.08%
GLW	B	-0.08%
SBAC	D	-0.08%
TTWO	A	-0.08%
IQV	D	-0.08%
STT	A	-0.08%
AEE	A	-0.07%
ESS	B	-0.07%
ANSS	B	-0.07%
DXCM	D	-0.07%
PPL	B	-0.07%
FTV	C	-0.07%
RF	A	-0.07%
AWK	D	-0.07%
PPG	F	-0.07%
ALNY	D	-0.07%
RMD	C	-0.07%
HBAN	A	-0.07%
XYL	D	-0.07%
KIM	A	-0.06%
GDDY	A	-0.06%
MPWR	F	-0.06%
TYL	B	-0.06%
IFF	D	-0.06%
NET	B	-0.06%
PFG	D	-0.06%
ES	D	-0.06%
HPE	B	-0.06%
IEX	B	-0.05%
ZM	B	-0.05%
EQH	B	-0.05%
BALL	D	-0.05%
ILMN	D	-0.05%
TRU	D	-0.05%
UDR	B	-0.05%
ZBH	C	-0.05%
MKC	D	-0.05%
LDOS	C	-0.05%
KEY	B	-0.05%
FSLR	F	-0.05%
BAH	F	-0.05%
LII	A	-0.05%
ZBRA	B	-0.05%
NRG	B	-0.05%
OMC	C	-0.05%
BAX	D	-0.04%
DOCU	A	-0.04%
GWRE	A	-0.04%
NDSN	B	-0.04%
GEN	B	-0.04%
Z	A	-0.04%
NTNX	A	-0.04%
SOFI	A	-0.04%
ZS	C	-0.04%
UNM	A	-0.04%
JLL	D	-0.04%
BXP	D	-0.04%
TW	A	-0.04%
MDB	C	-0.04%
PNR	A	-0.04%
RGA	A	-0.04%
WDC	D	-0.04%
DAY	B	-0.03%
OKTA	C	-0.03%
AES	F	-0.03%
CNH	C	-0.03%
PNFP	B	-0.03%
CMA	A	-0.03%
AA	B	-0.03%
ALLY	C	-0.03%
PNW	B	-0.03%
ATR	B	-0.03%
NWSA	B	-0.03%
OWL	A	-0.03%
AFRM	B	-0.03%
EMN	D	-0.03%
AKAM	D	-0.03%
IPG	D	-0.03%
NCLH	B	-0.03%
NVT	B	-0.03%
AVTR	F	-0.03%
FHN	A	-0.03%
BG	F	-0.03%
AIZ	A	-0.03%
SCI	B	-0.03%
SWK	D	-0.03%
KMX	B	-0.03%
VNT	B	-0.02%
ESTC	C	-0.02%
SLM	A	-0.02%
SMAR	A	-0.02%
AZEK	A	-0.02%
FOX	A	-0.02%
THG	A	-0.02%
WHR	B	-0.02%
WBA	F	-0.02%
RGEN	D	-0.02%
LNC	B	-0.02%
SITE	D	-0.02%
ETSY	D	-0.02%
MTCH	D	-0.02%
FMC	D	-0.02%
AWI	A	-0.02%
PARA	C	-0.02%
DVA	B	-0.02%
KBR	F	-0.02%
IVZ	B	-0.02%
COLB	A	-0.02%
AXS	A	-0.02%
HSIC	B	-0.02%
VFC	C	-0.02%
RRC	B	-0.02%
BERY	B	-0.02%
TFX	F	-0.02%
H	B	-0.02%
WH	B	-0.02%
GPK	C	-0.02%
HAS	D	-0.02%
VOYA	B	-0.02%
CIEN	B	-0.02%
SNV	B	-0.02%
HRL	D	-0.02%
FBIN	D	-0.02%
KSS	F	-0.01%
CAR	C	-0.01%
DV	C	-0.01%
TDC	D	-0.01%
RARE	D	-0.01%
NVST	B	-0.01%
AGR	B	-0.01%
SPR	D	-0.01%
PEGA	A	-0.01%
XRAY	F	-0.01%
PENN	C	-0.01%
OGN	D	-0.01%
PAG	B	-0.01%
W	F	-0.01%
YETI	C	-0.01%
MDU	D	-0.01%
BHF	B	-0.01%
WU	D	-0.01%
NWS	B	-0.01%
TNL	A	-0.01%
INSP	D	-0.01%
HOG	D	-0.01%
TKR	D	-0.01%
CHH	A	-0.01%
GTLB	B	-0.01%
SON	D	-0.01%
ST	F	-0.01%
LITE	B	-0.01%
ZG	A	-0.01%
AGO	B	-0.01%
QS	F	-0.0%
SNDR	B	-0.0%
RKT	F	-0.0%