QUAL vs. ROUS ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Lattice U.S. Equity Strategy ETF (ROUS)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.21

Average Daily Volume

931,872

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$51.69

Average Daily Volume

24,002

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	ROUS
30 Days	3.47%	2.83%
60 Days	10.52%	9.42%
90 Days	3.68%	7.69%
12 Months	37.76%	31.95%

71 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in ROUS	Overlap
AAPL	C	5.53%	1.24%	1.24%
ACGL	A	0.29%	0.28%	0.28%
ACN	B	1.66%	0.44%	0.44%
ADBE	F	1.81%	0.16%	0.16%
AFL	A	0.41%	0.33%	0.33%
AMAT	C	1.42%	0.33%	0.33%
ANET	A	0.74%	0.32%	0.32%
AOS	C	0.08%	0.02%	0.02%
APH	D	0.46%	0.53%	0.46%
AVB	C	0.24%	0.12%	0.12%
AVY	D	0.09%	0.01%	0.01%
BBY	C	0.32%	0.39%	0.32%
CAT	A	1.43%	0.2%	0.2%
CBOE	B	0.14%	0.1%	0.1%
CDNS	D	0.55%	0.27%	0.27%
COP	D	1.62%	0.08%	0.08%
COST	C	2.5%	0.56%	0.56%
CSCO	A	1.61%	0.78%	0.78%
CTAS	C	0.57%	0.42%	0.42%
DHI	C	0.83%	0.22%	0.22%
EA	D	0.18%	0.68%	0.18%
ED	C	0.54%	0.26%	0.26%
EME	B	0.14%	0.35%	0.14%
EQR	C	0.18%	0.13%	0.13%
FAST	C	0.37%	0.44%	0.37%
GOOGL	B	1.69%	1.19%	1.19%
GRMN	D	0.41%	0.26%	0.26%
GWW	B	0.52%	0.53%	0.52%
HSY	D	0.17%	0.29%	0.17%
ITW	C	0.71%	0.26%	0.26%
JNJ	D	2.26%	1.17%	1.17%
KEYS	B	0.16%	0.26%	0.16%
KLAC	B	0.98%	0.35%	0.35%
KO	C	1.67%	0.1%	0.1%
LIN	C	1.22%	0.03%	0.03%
LLY	D	4.04%	0.89%	0.89%
LMT	A	1.18%	0.41%	0.41%
LRCX	D	0.86%	0.2%	0.2%
MA	A	4.01%	0.38%	0.38%
MANH	A	0.2%	0.25%	0.2%
META	A	4.2%	0.78%	0.78%
MMM	C	0.54%	0.16%	0.16%
MPWR	B	0.29%	0.01%	0.01%
MSFT	D	4.66%	1.17%	1.17%
NTAP	D	0.22%	1.07%	0.22%
NVDA	B	5.94%	0.86%	0.86%
NVR	C	0.56%	0.23%	0.23%
OMC	C	0.11%	0.15%	0.11%
PAYX	B	0.46%	0.02%	0.02%
PEG	A	0.69%	0.25%	0.25%
PEP	F	1.19%	0.29%	0.29%
PHM	C	0.48%	0.32%	0.32%
PKG	B	0.09%	0.21%	0.09%
PPG	D	0.16%	0.18%	0.16%
PSA	C	0.59%	0.07%	0.07%
QCOM	D	1.23%	0.55%	0.55%
RMD	C	0.18%	0.32%	0.18%
ROL	C	0.12%	0.14%	0.12%
RS	D	0.08%	0.38%	0.08%
SHW	C	0.58%	0.51%	0.51%
SNPS	F	0.5%	0.18%	0.18%
SRE	C	0.84%	0.06%	0.06%
TJX	D	1.99%	0.28%	0.28%
TSCO	A	0.45%	0.34%	0.34%
TXN	C	1.4%	0.67%	0.67%
UNH	B	2.77%	1.01%	1.01%
UTHR	C	0.08%	0.4%	0.08%
V	B	4.01%	0.36%	0.36%
VRTX	D	0.62%	0.35%	0.35%
WSM	C	0.34%	0.26%	0.26%
WSO	C	0.11%	0.19%	0.11%

QUAL Overweight 52 Positions Relative to ROUS

Symbol	Grade	Weight
NKE	D	1.64%
ADP	A	1.61%
NFLX	A	1.52%
GOOG	B	1.48%
CMG	C	1.24%
BLK	A	0.9%
SLB	D	0.88%
PLD	D	0.79%
MMC	D	0.75%
LULU	D	0.58%
ZTS	C	0.57%
MCO	D	0.54%
CME	A	0.5%
DECK	B	0.45%
TPL	A	0.38%
ATO	A	0.38%
IDXX	D	0.36%
ULTA	D	0.35%
APD	C	0.33%
CBRE	C	0.33%
ODFL	F	0.31%
CSGP	F	0.28%
FERG	F	0.28%
AMP	A	0.27%
EW	F	0.24%
POOL	D	0.23%
A	B	0.23%
VLTO	A	0.22%
APA	F	0.21%
ROK	D	0.21%
MNST	D	0.21%
EQT	C	0.19%
TROW	D	0.18%
VEEV	C	0.16%
SMCI	F	0.14%
LPLA	D	0.13%
EXPD	D	0.13%
WAT	B	0.13%
FDS	C	0.12%
WST	D	0.12%
GGG	C	0.11%
MOH	F	0.11%
ENPH	F	0.11%
ERIE	A	0.11%
JKHY	A	0.1%
MKTX	B	0.07%
IPG	D	0.06%
SEIC	B	0.06%
AFG	A	0.06%
PAYC	D	0.06%
SOLV	C	0.05%
WBA	F	0.03%

QUAL Underweight 273 Positions Relative to ROUS

Symbol	Grade	Weight
HPQ	B	-1.1%
WMT	A	-1.05%
MRK	F	-0.99%
ABBV	C	-0.98%
IBM	A	-0.9%
VZ	C	-0.89%
T	B	-0.88%
DELL	C	-0.85%
HPE	B	-0.84%
KR	C	-0.81%
HD	A	-0.81%
XOM	A	-0.78%
MSI	A	-0.76%
CTSH	B	-0.73%
AVT	B	-0.72%
CVLT	B	-0.71%
BRK.A	B	-0.71%
JPM	C	-0.71%
AVGO	B	-0.67%
PG	D	-0.67%
TMUS	A	-0.66%
GILD	A	-0.64%
MUSA	D	-0.61%
ORCL	A	-0.59%
TEL	D	-0.59%
HUM	F	-0.59%
FICO	C	-0.57%
EOG	B	-0.57%
MO	D	-0.56%
IT	A	-0.55%
HRB	C	-0.54%
ELV	F	-0.54%
GLW	C	-0.53%
MTB	A	-0.52%
FOXA	B	-0.52%
NRG	A	-0.51%
CVS	D	-0.49%
CL	D	-0.49%
AMZN	C	-0.48%
VLO	F	-0.47%
CINF	A	-0.46%
GDDY	B	-0.45%
BK	A	-0.45%
NSIT	B	-0.45%
MCK	F	-0.44%
TER	C	-0.44%
CDW	D	-0.43%
CMI	A	-0.43%
NXPI	F	-0.42%
KMB	D	-0.42%
ACI	F	-0.41%
RPM	A	-0.41%
JNPR	C	-0.41%
DBX	C	-0.4%
ALSN	A	-0.4%
FFIV	B	-0.39%
CRUS	D	-0.39%
AMGN	D	-0.39%
CHRW	C	-0.38%
SW	C	-0.38%
GPC	D	-0.38%
INCY	B	-0.37%
VRSN	C	-0.37%
ORLY	A	-0.36%
NYT	C	-0.36%
TRV	B	-0.36%
CMCSA	B	-0.35%
AXS	A	-0.35%
VICI	C	-0.34%
UNM	A	-0.34%
CB	A	-0.34%
EBAY	A	-0.34%
ETR	A	-0.33%
FDX	F	-0.33%
SANM	D	-0.33%
VNT	F	-0.32%
AZO	D	-0.32%
BMI	A	-0.32%
MLI	B	-0.32%
PM	D	-0.32%
YUM	C	-0.31%
C	B	-0.31%
DUK	C	-0.31%
LOW	C	-0.31%
ORI	A	-0.3%
OTIS	A	-0.3%
MKL	B	-0.3%
LNG	A	-0.29%
WM	B	-0.29%
MAS	C	-0.28%
MCHP	F	-0.27%
PCAR	D	-0.27%
SO	A	-0.27%
SYY	D	-0.27%
MPC	D	-0.27%
DGX	D	-0.27%
STLD	C	-0.27%
GPI	C	-0.27%
EG	A	-0.27%
BMY	A	-0.26%
XEL	C	-0.26%
CI	D	-0.26%
ALKS	B	-0.26%
WTM	C	-0.26%
RHI	D	-0.26%
OGN	F	-0.26%
SNX	C	-0.26%
GPK	D	-0.25%
DTE	B	-0.25%
CACI	A	-0.25%
DKS	D	-0.24%
STT	A	-0.24%
SYF	A	-0.24%
RF	B	-0.24%
AN	D	-0.24%
PRU	B	-0.24%
AEP	C	-0.24%
NFG	A	-0.24%
DLB	D	-0.24%
CASY	D	-0.24%
PGR	B	-0.23%
REGN	D	-0.23%
HCA	C	-0.23%
LSTR	F	-0.23%
DCI	B	-0.23%
BKNG	B	-0.22%
SON	D	-0.22%
TT	A	-0.22%
LOPE	D	-0.22%
ARW	C	-0.22%
CRBG	B	-0.22%
EXEL	B	-0.22%
LYB	B	-0.21%
FLO	D	-0.21%
SNA	C	-0.21%
R	C	-0.21%
RDN	D	-0.2%
ROP	D	-0.2%
HBAN	B	-0.2%
PPL	C	-0.19%
SKX	B	-0.19%
AYI	A	-0.19%
DY	C	-0.19%
PNC	C	-0.19%
AIT	B	-0.19%
IRM	B	-0.19%
CVX	B	-0.19%
ECL	C	-0.19%
RSG	D	-0.19%
ASGN	D	-0.18%
OC	C	-0.18%
SWKS	F	-0.18%
MDT	C	-0.18%
BAH	C	-0.18%
KD	D	-0.18%
STX	C	-0.18%
VRSK	D	-0.18%
FE	C	-0.18%
ADC	C	-0.17%
FCN	C	-0.17%
RNR	A	-0.17%
GIS	C	-0.17%
CBT	B	-0.17%
UFPI	C	-0.17%
WFC	B	-0.17%
CAH	B	-0.16%
FITB	C	-0.16%
JBL	C	-0.16%
MCD	A	-0.15%
BPOP	D	-0.15%
O	C	-0.15%
ABT	C	-0.14%
CMC	D	-0.14%
LAMR	C	-0.14%
CHE	D	-0.14%
BSX	A	-0.14%
RGA	B	-0.14%
MTG	A	-0.14%
BLDR	C	-0.13%
FLEX	B	-0.13%
DOV	C	-0.13%
COKE	C	-0.13%
RL	B	-0.13%
AEE	A	-0.13%
MTD	C	-0.13%
ALL	A	-0.13%
WEC	B	-0.13%
VST	A	-0.13%
PANW	B	-0.12%
TGT	C	-0.12%
USB	C	-0.12%
PSTG	F	-0.12%
LII	C	-0.12%
CNC	F	-0.12%
EIX	C	-0.12%
POR	D	-0.12%
SFM	A	-0.11%
AMCR	C	-0.11%
FANG	D	-0.11%
BAC	B	-0.1%
NEE	C	-0.1%
L	C	-0.1%
DVN	F	-0.1%
ADI	B	-0.1%
INTU	F	-0.1%
LDOS	A	-0.1%
FSS	D	-0.1%
EXC	C	-0.09%
VMI	B	-0.09%
NOC	B	-0.09%
WELL	C	-0.09%
HUBB	A	-0.09%
BJ	B	-0.09%
CHRD	F	-0.09%
MMS	C	-0.09%
OGE	C	-0.08%
INGR	B	-0.08%
NNN	C	-0.08%
AIZ	B	-0.08%
UMBF	C	-0.08%
GLPI	C	-0.08%
JHG	A	-0.07%
APPF	C	-0.07%
GD	C	-0.07%
ATR	A	-0.07%
KNF	B	-0.07%
ACIW	A	-0.07%
CSWI	A	-0.06%
PTC	B	-0.06%
FTNT	A	-0.06%
GWRE	A	-0.06%
SPG	A	-0.06%
SPSC	D	-0.06%
NXST	D	-0.05%
BR	B	-0.05%
BCO	C	-0.05%
HON	C	-0.05%
AKAM	D	-0.05%
LNC	B	-0.05%
IP	C	-0.04%
FELE	C	-0.04%
ITCI	D	-0.04%
AWI	A	-0.04%
LFUS	C	-0.04%
EPRT	C	-0.04%
CCI	D	-0.04%
ADSK	B	-0.04%
MOG.A	C	-0.04%
NOW	B	-0.04%
ANF	D	-0.04%
D	A	-0.04%
PSX	D	-0.03%
JCI	C	-0.03%
NWSA	D	-0.03%
COF	A	-0.03%
CF	A	-0.03%
ADM	F	-0.03%
WPC	C	-0.02%
CHTR	D	-0.02%
SYK	C	-0.02%
FHN	D	-0.02%
AAON	A	-0.02%
SEE	C	-0.02%
VTR	C	-0.02%
ITRI	C	-0.02%
EHC	C	-0.02%
MSA	F	-0.02%
AIG	C	-0.02%
OHI	C	-0.02%
SLGN	B	-0.02%
ONB	D	-0.01%
CIEN	A	-0.01%
MTH	C	-0.01%