QUS vs. IWF ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to iShares Russell 1000 Growth ETF (IWF)

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$146.40

Average Daily Volume

22,580

Number of Holdings ^*

592

* may have additional holdings in another (foreign) market

IWF

iShares Russell 1000 Growth ETF

IWF Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 1000 Growth Index (the "underlying index"), which measures the performance of large- and mid-capitalization growth sectors of the U.S. equity market. It is a subset of the Russell 1000Â® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$342.73

Average Daily Volume

1,225,796

Number of Holdings ^*

438

* may have additional holdings in another (foreign) market

Performance

Period	QUS	IWF
30 Days	5.05%	4.87%
60 Days	3.14%	4.03%
90 Days	5.69%	5.46%
12 Months	27.09%	36.98%

285 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in IWF	Overlap
A	A	0.12%	0.13%	0.12%
AAPL	B	2.58%	10.15%	2.58%
ABBV	D	1.17%	1.09%	1.09%
ABNB	D	0.01%	0.25%	0.01%
ABT	F	0.14%	0.04%	0.04%
ACGL	B	0.12%	0.02%	0.02%
ACI	C	0.03%	0.0%	0.0%
ACN	F	1.04%	0.75%	0.75%
ADBE	F	0.63%	0.85%	0.63%
ADP	B	0.43%	0.33%	0.33%
ADSK	F	0.12%	0.18%	0.12%
AES	B	0.02%	0.03%	0.02%
AJG	A	0.4%	0.01%	0.01%
ALGN	F	0.02%	0.08%	0.02%
ALLE	D	0.03%	0.04%	0.03%
ALNY	D	0.0%	0.06%	0.0%
AMAT	B	0.58%	0.56%	0.56%
AMD	D	0.09%	0.54%	0.09%
AMGN	B	0.33%	0.42%	0.33%
AMP	B	0.15%	0.16%	0.15%
AMT	C	0.04%	0.32%	0.04%
AMZN	C	0.71%	6.49%	0.71%
ANET	B	0.23%	0.26%	0.23%
ANSS	D	0.01%	0.09%	0.01%
AOS	D	0.01%	0.0%	0.0%
APA	F	0.01%	0.03%	0.01%
APH	B	0.79%	0.14%	0.14%
APO	B	0.01%	0.23%	0.01%
APP	C	0.0%	0.02%	0.0%
ARES	B	0.01%	0.09%	0.01%
AVGO	B	2.36%	2.14%	2.14%
AVY	B	0.01%	0.02%	0.01%
AXON	D	0.0%	0.08%	0.0%
AXP	B	0.12%	0.17%	0.12%
AZO	D	0.37%	0.16%	0.16%
BA	D	0.03%	0.05%	0.03%
BAH	B	0.16%	0.07%	0.07%
BBY	D	0.08%	0.01%	0.01%
BKNG	B	0.03%	0.48%	0.03%
BMRN	F	0.11%	0.01%	0.01%
BR	C	0.07%	0.07%	0.07%
BRO	A	0.01%	0.03%	0.01%
BSY	A	0.0%	0.04%	0.0%
BURL	D	0.01%	0.05%	0.01%
BX	C	0.04%	0.33%	0.04%
CAH	F	0.09%	0.05%	0.05%
CAT	D	0.12%	0.5%	0.12%
CCI	C	0.02%	0.02%	0.02%
CDNS	D	0.24%	0.29%	0.24%
CDW	D	0.25%	0.11%	0.11%
CHD	B	0.15%	0.09%	0.09%
CHRW	C	0.14%	0.03%	0.03%
CHTR	D	0.04%	0.1%	0.04%
CI	D	0.24%	0.03%	0.03%
CLX	F	0.01%	0.07%	0.01%
CMG	C	0.23%	0.33%	0.23%
COST	B	1.1%	1.3%	1.1%
CPRT	D	0.14%	0.18%	0.14%
CRM	D	0.09%	0.75%	0.09%
CRWD	C	0.0%	0.25%	0.0%
CSGP	D	0.01%	0.06%	0.01%
CSX	D	0.05%	0.03%	0.03%
CTAS	B	0.19%	0.2%	0.19%
CZR	F	0.01%	0.01%	0.01%
DAL	C	0.01%	0.01%	0.01%
DASH	D	0.01%	0.11%	0.01%
DAY	F	0.0%	0.0%	0.0%
DBX	D	0.06%	0.02%	0.02%
DDOG	D	0.0%	0.12%	0.0%
DE	D	0.09%	0.37%	0.09%
DECK	C	0.07%	0.08%	0.07%
DG	D	0.05%	0.12%	0.05%
DKNG	C	0.0%	0.07%	0.0%
DKS	D	0.05%	0.0%	0.0%
DOCU	C	0.0%	0.04%	0.0%
DPZ	C	0.16%	0.07%	0.07%
DRI	F	0.01%	0.03%	0.01%
DT	D	0.0%	0.05%	0.0%
DVA	C	0.01%	0.03%	0.01%
DXCM	D	0.01%	0.19%	0.01%
EBAY	B	0.02%	0.01%	0.01%
ECL	B	0.03%	0.17%	0.03%
EFX	C	0.01%	0.08%	0.01%
EG	C	0.18%	0.01%	0.01%
EL	F	0.02%	0.04%	0.02%
ELS	D	0.0%	0.01%	0.0%
ELV	A	0.27%	0.06%	0.06%
ENPH	D	0.01%	0.06%	0.01%
ENTG	D	0.01%	0.0%	0.0%
EPAM	F	0.03%	0.05%	0.03%
EQH	B	0.02%	0.05%	0.02%
EQIX	D	0.02%	0.13%	0.02%
ETSY	F	0.0%	0.02%	0.0%
EW	C	0.16%	0.2%	0.16%
EXAS	F	0.0%	0.01%	0.0%
EXPD	D	0.19%	0.01%	0.01%
EXPE	F	0.01%	0.04%	0.01%
FAST	D	0.12%	0.11%	0.11%
FCNCA	B	0.02%	0.01%	0.01%
FDS	D	0.04%	0.06%	0.04%
FICO	A	0.12%	0.11%	0.11%
FMC	C	0.01%	0.0%	0.0%
FTNT	F	0.18%	0.15%	0.15%
GDDY	B	0.23%	0.04%	0.04%
GEHC	D	0.03%	0.01%	0.01%
GGG	D	0.04%	0.02%	0.02%
GOOG	A	1.32%	3.31%	1.32%
GOOGL	A	1.42%	3.88%	1.42%
GWW	D	0.15%	0.16%	0.15%
HAL	F	0.02%	0.03%	0.02%
HCA	C	0.07%	0.05%	0.05%
HD	D	0.48%	1.3%	0.48%
HEI	B	0.0%	0.03%	0.0%
HEI	B	0.0%	0.05%	0.0%
HEI	B	0.0%	0.03%	0.0%
HEI	B	0.0%	0.05%	0.0%
HES	C	0.01%	0.09%	0.01%
HLT	C	0.01%	0.09%	0.01%
HON	A	0.45%	0.06%	0.06%
HPQ	C	0.06%	0.02%	0.02%
HSY	C	0.4%	0.08%	0.08%
HUBB	D	0.06%	0.04%	0.04%
HUBS	D	0.0%	0.11%	0.0%
HUM	D	0.22%	0.07%	0.07%
IDXX	C	0.13%	0.15%	0.13%
IEX	D	0.05%	0.01%	0.01%
ILMN	F	0.01%	0.02%	0.01%
INCY	D	0.15%	0.03%	0.03%
INTU	B	0.04%	0.67%	0.04%
IQV	D	0.02%	0.15%	0.02%
IRM	B	0.01%	0.04%	0.01%
ISRG	B	0.03%	0.52%	0.03%
IT	D	0.11%	0.13%	0.11%
ITW	D	0.25%	0.23%	0.23%
JAZZ	F	0.01%	0.01%	0.01%
JBHT	F	0.05%	0.01%	0.01%
JBL	F	0.03%	0.04%	0.03%
JKHY	C	0.08%	0.01%	0.01%
KEYS	C	0.34%	0.03%	0.03%
KKR	B	0.04%	0.06%	0.04%
KLAC	B	0.34%	0.37%	0.34%
KMB	C	0.12%	0.16%	0.12%
KMX	F	0.03%	0.0%	0.0%
KO	A	0.77%	0.46%	0.46%
KVUE	C	0.06%	0.04%	0.04%
LBRDK	D	0.01%	0.0%	0.0%
LIN	D	0.15%	0.08%	0.08%
LLY	B	2.24%	2.51%	2.24%
LMT	B	0.69%	0.38%	0.38%
LNG	D	0.13%	0.14%	0.13%
LOW	D	0.18%	0.37%	0.18%
LPLA	C	0.07%	0.08%	0.07%
LRCX	C	0.43%	0.43%	0.43%
LSCC	F	0.0%	0.04%	0.0%
LULU	F	0.13%	0.15%	0.13%
LVS	F	0.0%	0.06%	0.0%
LW	F	0.04%	0.04%	0.04%
LYV	D	0.0%	0.01%	0.0%
MA	D	1.45%	1.44%	1.44%
MANH	D	0.06%	0.05%	0.05%
MAR	D	0.01%	0.22%	0.01%
MCD	D	0.47%	0.31%	0.31%
MCHP	B	0.14%	0.13%	0.13%
MCK	B	0.57%	0.11%	0.11%
MCO	A	0.02%	0.22%	0.02%
MDB	D	0.0%	0.09%	0.0%
META	D	2.55%	3.95%	2.55%
MKTX	D	0.02%	0.03%	0.02%
MMC	A	0.41%	0.31%	0.31%
MNST	F	0.12%	0.16%	0.12%
MOH	F	0.15%	0.04%	0.04%
MPWR	C	0.09%	0.12%	0.09%
MRK	B	0.8%	0.23%	0.23%
MSCI	F	0.01%	0.07%	0.01%
MSFT	C	2.95%	11.62%	2.95%
MSI	A	0.51%	0.21%	0.21%
MTCH	F	0.01%	0.03%	0.01%
MTD	A	0.01%	0.1%	0.01%
MTN	F	0.0%	0.0%	0.0%
NBIX	B	0.14%	0.05%	0.05%
NET	F	0.0%	0.08%	0.0%
NFLX	B	0.13%	0.99%	0.13%
NKE	F	0.33%	0.22%	0.22%
NOC	C	0.38%	0.01%	0.01%
NOW	C	0.01%	0.55%	0.01%
NTAP	B	0.15%	0.03%	0.03%
NVDA	B	2.73%	8.21%	2.73%
NVR	D	0.09%	0.01%	0.01%
ODFL	F	0.11%	0.13%	0.11%
OKE	A	0.03%	0.01%	0.01%
OKTA	D	0.01%	0.0%	0.0%
ORCL	C	0.36%	0.29%	0.29%
ORLY	D	0.23%	0.2%	0.2%
OTIS	C	0.04%	0.01%	0.01%
OVV	D	0.02%	0.02%	0.02%
PANW	C	0.01%	0.36%	0.01%
PATH	D	0.0%	0.02%	0.0%
PAYC	F	0.03%	0.03%	0.03%
PAYX	B	0.14%	0.15%	0.14%
PCTY	C	0.02%	0.03%	0.02%
PEP	B	1.13%	0.65%	0.65%
PG	A	0.63%	0.28%	0.28%
PGR	D	0.62%	0.36%	0.36%
PINS	A	0.01%	0.09%	0.01%
PLTR	D	0.0%	0.16%	0.0%
PODD	C	0.0%	0.05%	0.0%
POOL	D	0.05%	0.05%	0.05%
PPG	D	0.03%	0.03%	0.03%
PSA	C	0.13%	0.09%	0.09%
PTC	C	0.18%	0.04%	0.04%
PWR	C	0.02%	0.04%	0.02%
PYPL	D	0.06%	0.25%	0.06%
QCOM	B	0.68%	0.67%	0.67%
RBLX	F	0.0%	0.07%	0.0%
RCL	B	0.01%	0.04%	0.01%
REGN	C	0.59%	0.03%	0.03%
RGEN	D	0.0%	0.02%	0.0%
RMD	B	0.09%	0.12%	0.09%
ROK	F	0.09%	0.12%	0.09%
ROKU	F	0.0%	0.0%	0.0%
ROL	B	0.16%	0.05%	0.05%
ROST	D	0.02%	0.15%	0.02%
RPM	C	0.01%	0.01%	0.01%
SBAC	F	0.0%	0.01%	0.0%
SBUX	F	0.03%	0.31%	0.03%
SHW	D	0.03%	0.24%	0.03%
SNOW	D	0.0%	0.19%	0.0%
SNPS	C	0.24%	0.32%	0.24%
SPG	C	0.03%	0.04%	0.03%
SPGI	B	0.06%	0.04%	0.04%
SQ	D	0.03%	0.06%	0.03%
STZ	D	0.02%	0.02%	0.02%
SUI	F	0.01%	0.01%	0.01%
SYK	D	0.05%	0.11%	0.05%
SYY	D	0.05%	0.14%	0.05%
TDG	C	0.01%	0.04%	0.01%
TEAM	F	0.0%	0.11%	0.0%
TECH	C	0.01%	0.04%	0.01%
TER	B	0.06%	0.06%	0.06%
TGT	D	0.13%	0.28%	0.13%
TJX	B	0.18%	0.43%	0.18%
TMO	B	0.15%	0.52%	0.15%
TOST	B	0.0%	0.03%	0.0%
TPL	C	0.04%	0.04%	0.04%
TRGP	B	0.02%	0.1%	0.02%
TSCO	B	0.1%	0.11%	0.1%
TSLA	D	0.08%	1.87%	0.08%
TT	C	0.22%	0.08%	0.08%
TTC	D	0.03%	0.04%	0.03%
TTD	B	0.0%	0.15%	0.0%
TW	B	0.06%	0.02%	0.02%
TWLO	D	0.01%	0.01%	0.01%
TXN	A	1.07%	0.26%	0.26%
TYL	B	0.01%	0.06%	0.01%
U	F	0.0%	0.01%	0.0%
UBER	D	0.02%	0.53%	0.02%
UDR	C	0.01%	0.0%	0.0%
UHAL	C	0.01%	0.0%	0.0%
UHAL	C	0.01%	0.01%	0.01%
ULTA	F	0.08%	0.07%	0.07%
UNH	C	1.87%	1.49%	1.49%
UNP	B	0.09%	0.24%	0.09%
UPS	D	0.35%	0.11%	0.11%
URI	D	0.04%	0.04%	0.04%
V	C	1.74%	1.68%	1.68%
VEEV	D	0.08%	0.11%	0.08%
VMC	D	0.02%	0.03%	0.02%
VRSK	A	0.24%	0.13%	0.13%
VRSN	F	0.22%	0.0%	0.0%
VRT	C	0.01%	0.01%	0.01%
VRTX	B	0.53%	0.37%	0.37%
VST	C	0.04%	0.03%	0.03%
WAT	B	0.06%	0.07%	0.06%
WDAY	D	0.01%	0.19%	0.01%
WM	B	0.58%	0.29%	0.29%
WSM	B	0.02%	0.01%	0.01%
WSO	C	0.05%	0.01%	0.01%
WST	F	0.07%	0.1%	0.07%
WTW	D	0.13%	0.01%	0.01%
WYNN	D	0.0%	0.0%	0.0%
XYL	B	0.02%	0.01%	0.01%
YUM	B	0.2%	0.13%	0.13%
ZBRA	B	0.02%	0.01%	0.01%
ZS	F	0.0%	0.06%	0.0%
ZTS	D	0.21%	0.3%	0.21%

QUS Overweight 310 Positions Relative to IWF

Symbol	Grade	Weight
JNJ	D	1.61%
CSCO	F	1.12%
BRK.A	C	1.09%
JPM	B	1.03%
XOM	B	0.84%
VZ	C	0.83%
WMT	A	0.78%
BAC	A	0.74%
PFE	D	0.73%
C	A	0.63%
IBM	D	0.61%
DUK	A	0.59%
TMUS	B	0.58%
T	B	0.57%
WFC	B	0.55%
CVX	C	0.54%
WCN	D	0.54%
RSG	D	0.54%
SO	A	0.51%
CB	B	0.51%
ROP	C	0.46%
ED	A	0.45%
TRV	D	0.43%
GM	A	0.4%
MPC	D	0.39%
BLK	C	0.36%
GILD	F	0.36%
CTSH	F	0.35%
CMCSA	F	0.35%
GS	A	0.33%
KR	D	0.33%
BMY	F	0.33%
NEM	B	0.32%
GIS	C	0.3%
CBOE	C	0.29%
K	B	0.27%
XEL	D	0.27%
MMM	A	0.27%
EA	F	0.26%
KDP	B	0.26%
BDX	F	0.26%
WEC	B	0.26%
CVS	F	0.25%
MDLZ	C	0.24%
CME	C	0.22%
F	D	0.21%
KHC	D	0.21%
INTC	F	0.2%
MS	B	0.2%
GRMN	A	0.2%
RTX	B	0.2%
AEP	A	0.19%
AFL	B	0.18%
FFIV	D	0.18%
TFC	A	0.18%
CL	B	0.18%
VLO	D	0.18%
CTVA	C	0.18%
TDY	F	0.18%
ERIE	C	0.18%
HRL	C	0.17%
COF	D	0.17%
CF	F	0.17%
JNPR	D	0.17%
AKAM	F	0.17%
DHI	D	0.17%
MDT	B	0.16%
DIS	D	0.16%
AON	F	0.16%
MKL	A	0.15%
COP	D	0.15%
PSX	D	0.15%
DELL	B	0.15%
AIZ	D	0.15%
AIG	C	0.15%
AFG	B	0.15%
MU	B	0.14%
ADI	B	0.14%
CPB	C	0.14%
PNC	A	0.14%
USB	D	0.14%
D	A	0.14%
CMI	D	0.14%
AMCR	B	0.14%
ICE	C	0.13%
DHR	A	0.12%
GLW	A	0.12%
GE	C	0.12%
APD	D	0.12%
SMCI	D	0.12%
L	B	0.12%
PHM	B	0.11%
PKG	C	0.11%
NEE	B	0.11%
FDX	D	0.11%
WRB	D	0.11%
DGX	A	0.11%
CNC	C	0.11%
PRU	A	0.1%
PM	A	0.1%
DTE	A	0.1%
MET	B	0.1%
WMB	A	0.1%
SCHW	B	0.09%
SJM	F	0.09%
HOLX	D	0.09%
DOW	C	0.09%
AEE	C	0.09%
HIG	B	0.09%
TROW	C	0.09%
MRNA	C	0.09%
UTHR	B	0.08%
WBD	F	0.08%
CMS	A	0.08%
BK	A	0.08%
GD	A	0.08%
WBA	F	0.08%
NUE	D	0.08%
ALL	C	0.08%
ES	C	0.08%
BLDR	D	0.08%
CFG	B	0.07%
LEN	B	0.07%
FCX	B	0.07%
DFS	C	0.07%
TSN	B	0.07%
OMC	B	0.07%
VLTO	B	0.07%
PLD	F	0.07%
ADM	D	0.07%
LII	B	0.07%
EOG	D	0.07%
STT	B	0.06%
HPE	C	0.06%
LYB	D	0.06%
VTRS	D	0.06%
ETN	B	0.06%
EMR	B	0.06%
TEL	A	0.06%
MTB	B	0.06%
FITB	B	0.06%
SYF	C	0.06%
FIS	A	0.05%
EIX	A	0.05%
NRG	B	0.05%
LHX	A	0.05%
CEG	B	0.05%
BG	C	0.05%
RF	B	0.05%
DD	C	0.05%
SNA	D	0.05%
SWKS	F	0.05%
PCAR	D	0.05%
JCI	B	0.05%
PCG	B	0.05%
SRE	B	0.05%
EXC	C	0.05%
MO	A	0.05%
HBAN	B	0.05%
KMI	A	0.05%
IP	B	0.05%
CBRE	C	0.04%
CTRA	B	0.04%
ETR	A	0.04%
GPN	F	0.04%
WDC	B	0.04%
BKR	C	0.04%
NXPI	B	0.04%
PEG	B	0.04%
WRK	B	0.04%
BIIB	D	0.04%
EVRG	C	0.04%
CHK	B	0.04%
PH	D	0.04%
STLD	D	0.04%
CARR	B	0.04%
O	C	0.04%
SLB	F	0.04%
PFG	B	0.04%
NDSN	C	0.04%
BSX	A	0.04%
LNT	B	0.04%
KEY	B	0.04%
DVN	D	0.04%
OXY	D	0.04%
NSC	D	0.04%
ALLY	B	0.04%
SOLV	F	0.04%
FNF	C	0.03%
PPL	A	0.03%
CAG	C	0.03%
RS	D	0.03%
ARE	C	0.03%
SWK	D	0.03%
SEIC	D	0.03%
WELL	A	0.03%
FE	B	0.03%
DINO	D	0.03%
CE	D	0.03%
NTRS	C	0.03%
RJF	C	0.03%
CINF	D	0.03%
WAB	B	0.03%
GEV	C	0.03%
RHI	F	0.03%
CLF	F	0.03%
WY	F	0.03%
MOS	F	0.03%
MRO	D	0.03%
DLR	C	0.03%
FANG	D	0.03%
LH	D	0.03%
AWK	C	0.03%
IFF	A	0.03%
ATO	C	0.03%
VICI	C	0.03%
DLTR	F	0.03%
PARA	D	0.03%
HSIC	C	0.03%
KIM	C	0.02%
MKC	C	0.02%
HAS	C	0.02%
AVTR	D	0.02%
CSL	B	0.02%
HII	D	0.02%
IPG	D	0.02%
HWM	A	0.02%
DOC	B	0.02%
BXP	C	0.02%
STX	B	0.02%
SSNC	B	0.02%
FOXA	C	0.02%
LEA	F	0.02%
EQT	C	0.02%
VTR	B	0.02%
TAP	F	0.02%
CG	D	0.02%
CNP	B	0.02%
FTV	D	0.02%
LKQ	F	0.02%
BBWI	B	0.02%
J	D	0.02%
ALB	D	0.02%
EXR	C	0.02%
AVB	B	0.02%
EMN	C	0.02%
ON	D	0.02%
COIN	D	0.02%
MLM	D	0.02%
IR	D	0.02%
AME	D	0.02%
DOV	B	0.02%
TXT	D	0.02%
MRVL	C	0.02%
EQR	B	0.02%
BAX	F	0.02%
UHS	B	0.02%
BALL	B	0.02%
OC	C	0.02%
APTV	D	0.02%
GPC	D	0.02%
BWA	C	0.02%
LDOS	A	0.02%
FOX	C	0.02%
ZBH	D	0.02%
HOOD	D	0.01%
MELI	B	0.01%
HST	D	0.01%
GLPI	C	0.01%
CPT	B	0.01%
TFX	D	0.01%
AMH	B	0.01%
CCL	F	0.01%
REG	D	0.01%
MGM	F	0.01%
ZM	D	0.01%
FSLR	C	0.01%
RPRX	F	0.01%
GL	F	0.01%
WTRG	C	0.01%
TRU	B	0.01%
MAA	C	0.01%
CRL	D	0.01%
TRMB	D	0.01%
WLK	C	0.01%
PNR	B	0.01%
TTWO	F	0.01%
BIO	F	0.01%
DAR	D	0.01%
MAS	D	0.01%
NWSA	C	0.01%
STE	C	0.01%
QRVO	F	0.01%
WPC	C	0.01%
INVH	B	0.01%
ACM	D	0.01%
NDAQ	C	0.01%
BEN	F	0.01%
KNX	F	0.01%
CTLT	D	0.01%
ESS	B	0.01%
CCK	C	0.01%
NI	B	0.01%
H	D	0.0%
BILL	F	0.0%
SIRI	F	0.0%
LUV	F	0.0%
SNAP	C	0.0%
RIVN	F	0.0%
Z	F	0.0%

QUS Underweight 155 Positions Relative to IWF

Symbol	Grade	Weight
SPOT	C	-0.16%
COR	D	-0.15%
FI	D	-0.1%
CPNG	B	-0.1%
CPAY	D	-0.08%
NU	C	-0.07%
WING	C	-0.05%
LECO	D	-0.05%
SWAV	A	-0.05%
PSTG	B	-0.05%
SRPT	C	-0.05%
FND	C	-0.05%
MEDP	D	-0.04%
CHDN	C	-0.04%
SCCO	B	-0.04%
RBA	C	-0.04%
TREX	D	-0.04%
NTRA	A	-0.04%
CELH	C	-0.04%
TXRH	B	-0.04%
WMS	C	-0.04%
INSP	F	-0.03%
BRKR	D	-0.03%
PEN	F	-0.03%
MUSA	A	-0.03%
MORN	D	-0.03%
LAMR	B	-0.03%
GLOB	F	-0.03%
FIVE	F	-0.03%
CROX	B	-0.03%
ESTC	C	-0.03%
KNSL	F	-0.03%
FIVN	F	-0.02%
WEX	D	-0.02%
DV	F	-0.02%
GPK	C	-0.02%
APLS	F	-0.02%
HRB	B	-0.02%
GTLB	D	-0.02%
PFGC	C	-0.02%
IONS	F	-0.02%
RYAN	B	-0.02%
SMAR	C	-0.02%
PRI	D	-0.02%
LSTR	C	-0.02%
EXEL	F	-0.02%
CFLT	C	-0.02%
PCOR	D	-0.02%
LYFT	D	-0.02%
MASI	D	-0.02%
EME	C	-0.02%
CHE	F	-0.02%
TKO	C	-0.02%
EXP	D	-0.02%
BWXT	D	-0.01%
FCN	B	-0.01%
PTON	D	-0.01%
G	C	-0.01%
FRPT	B	-0.01%
AWI	D	-0.01%
VVV	D	-0.01%
TNL	C	-0.01%
OLLI	D	-0.01%
NCLH	F	-0.01%
AM	A	-0.01%
NVCR	C	-0.01%
NFE	F	-0.01%
GEN	A	-0.01%
GMED	B	-0.01%
TPX	D	-0.01%
CASY	B	-0.01%
SLM	D	-0.01%
WSC	F	-0.01%
NXST	C	-0.01%
W	C	-0.01%
TTEK	B	-0.01%
VNT	D	-0.01%
HCP	C	-0.01%
SITE	F	-0.01%
ALGM	D	-0.01%
SAM	F	-0.01%
TXG	F	-0.01%
FERG	D	-0.01%
PLNT	C	-0.01%
RNG	C	-0.01%
PEGA	C	-0.01%
ZI	F	-0.01%
EEFT	C	-0.01%
CAVA	B	-0.01%
SMG	D	-0.01%
SEE	C	-0.01%
YETI	D	-0.01%
RNR	C	-0.01%
FOUR	D	-0.01%
KBR	C	-0.01%
TDC	F	-0.01%
RARE	D	-0.01%
WEN	D	-0.01%
AAL	C	-0.01%
IRDM	D	-0.01%
BJ	B	-0.01%
SCI	D	-0.01%
OLED	C	-0.01%
CHH	D	-0.01%
DCI	C	-0.01%
ROIV	C	-0.01%
ICLR	D	-0.01%
NTNX	B	-0.01%
INFA	D	-0.0%
DNA	F	-0.0%
PLTK	C	-0.0%
CABO	F	-0.0%
LBRDA	D	-0.0%
NCNO	D	-0.0%
UWMC	C	-0.0%
VMI	C	-0.0%
BHF	F	-0.0%
SPR	D	-0.0%
TNDM	B	-0.0%
BIRK	C	-0.0%
UI	C	-0.0%
PII	F	-0.0%
WH	F	-0.0%
LNC	C	-0.0%
BC	F	-0.0%
HLI	C	-0.0%
AMBP	B	-0.0%
PYCR	F	-0.0%
CART	F	-0.0%
MRVI	C	-0.0%
EHC	C	-0.0%
TPR	D	-0.0%
XP	F	-0.0%
VSCO	C	-0.0%
RKT	C	-0.0%
CHPT	D	-0.0%
SKX	B	-0.0%
ALSN	D	-0.0%
S	D	-0.0%
WU	D	-0.0%
CERT	D	-0.0%
RH	C	-0.0%
BLD	D	-0.0%
BFAM	C	-0.0%
CAR	D	-0.0%
AXTA	C	-0.0%
TPG	D	-0.0%
SHC	F	-0.0%
MSA	B	-0.0%
LOPE	C	-0.0%
SAIA	F	-0.0%
OWL	C	-0.0%
DOCS	F	-0.0%
AGL	D	-0.0%
RLI	B	-0.0%