QUS vs. PAPI ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Parametric Equity Premium Income ETF (PAPI)

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

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	QUS	PAPI
30 Days	2.25%	3.08%
60 Days	3.15%	3.73%
90 Days	4.45%	4.88%
12 Months	29.35%	19.25%

133 Overlapping Holdings

Symbol	Grade	Weight in QUS	Weight in PAPI	Overlap
ABBV	D	0.49%	0.46%	0.46%
ABT	B	0.16%	0.52%	0.16%
ACN	C	1.18%	0.5%	0.5%
ADI	D	0.14%	0.48%	0.14%
ADM	D	0.08%	0.47%	0.08%
ADP	B	0.54%	0.54%	0.54%
AEE	A	0.11%	0.54%	0.11%
AEP	D	0.19%	0.5%	0.19%
AFG	A	0.15%	0.54%	0.15%
AFL	B	0.22%	0.5%	0.22%
AMCR	D	0.02%	0.47%	0.02%
AOS	F	0.03%	0.48%	0.03%
APD	A	0.05%	0.51%	0.05%
ATO	A	0.04%	0.53%	0.04%
BBY	D	0.09%	0.49%	0.09%
BDX	F	0.24%	0.5%	0.24%
BG	F	0.05%	0.5%	0.05%
BKR	B	0.04%	0.62%	0.04%
CAG	D	0.02%	0.48%	0.02%
CAH	B	0.12%	0.56%	0.12%
CHD	B	0.14%	0.54%	0.14%
CHRD	D	0.01%	0.52%	0.01%
CI	F	0.24%	0.47%	0.24%
CINF	A	0.03%	0.58%	0.03%
CMCSA	B	0.42%	0.54%	0.42%
CME	A	0.23%	0.52%	0.23%
CMI	A	0.17%	0.57%	0.17%
COP	C	0.17%	0.56%	0.17%
COR	B	0.35%	0.54%	0.35%
COST	B	1.31%	0.54%	0.54%
CSCO	B	1.34%	0.54%	0.54%
CTRA	B	0.03%	0.57%	0.03%
CTSH	B	0.39%	0.53%	0.39%
CTVA	C	0.16%	0.5%	0.16%
CVX	A	0.55%	0.57%	0.55%
D	C	0.14%	0.5%	0.14%
DD	D	0.04%	0.51%	0.04%
DGX	A	0.06%	0.57%	0.06%
DHR	F	0.09%	0.45%	0.09%
DINO	D	0.02%	0.51%	0.02%
DOW	F	0.06%	0.44%	0.06%
DRI	B	0.02%	0.54%	0.02%
DUK	C	0.6%	0.5%	0.5%
DVN	F	0.04%	0.5%	0.04%
EA	A	0.31%	0.59%	0.31%
ED	D	0.42%	0.48%	0.42%
ELV	F	0.29%	0.43%	0.29%
EMN	D	0.02%	0.49%	0.02%
EMR	A	0.05%	0.61%	0.05%
EOG	A	0.15%	0.56%	0.15%
EVRG	A	0.02%	0.55%	0.02%
EXPD	D	0.06%	0.52%	0.06%
FAST	B	0.15%	0.56%	0.15%
FE	C	0.02%	0.5%	0.02%
FNF	B	0.02%	0.51%	0.02%
FOX	A	0.01%	0.59%	0.01%
FOXA	B	0.02%	0.57%	0.02%
GD	F	0.07%	0.5%	0.07%
GGG	B	0.05%	0.55%	0.05%
GILD	C	0.43%	0.53%	0.43%
GLW	B	0.14%	0.53%	0.14%
GPC	D	0.02%	0.45%	0.02%
GRMN	B	0.2%	0.65%	0.2%
HIG	B	0.09%	0.51%	0.09%
HII	D	0.01%	0.39%	0.01%
HPE	B	0.06%	0.53%	0.06%
HPQ	B	0.07%	0.52%	0.07%
HRL	D	0.08%	0.49%	0.08%
IBM	C	0.67%	0.46%	0.46%
IP	B	0.04%	0.63%	0.04%
IPG	D	0.01%	0.45%	0.01%
JCI	C	0.05%	0.58%	0.05%
JKHY	D	0.04%	0.49%	0.04%
JNJ	D	1.64%	0.5%	0.5%
KDP	D	0.23%	0.46%	0.23%
KHC	F	0.18%	0.46%	0.18%
KMB	D	0.1%	0.49%	0.1%
KMI	A	0.07%	0.58%	0.07%
KO	D	0.81%	0.45%	0.45%
LEN	D	0.06%	0.47%	0.06%
LH	C	0.03%	0.57%	0.03%
LHX	C	0.04%	0.53%	0.04%
LIN	D	0.15%	0.49%	0.15%
LKQ	D	0.02%	0.51%	0.02%
LNT	A	0.05%	0.52%	0.05%
LYB	F	0.04%	0.48%	0.04%
MDT	D	0.15%	0.51%	0.15%
MO	A	0.07%	0.59%	0.07%
MOS	F	0.03%	0.54%	0.03%
MRK	F	0.46%	0.46%	0.46%
MSFT	F	2.7%	0.53%	0.53%
NEM	D	0.18%	0.38%	0.18%
OKE	A	0.05%	0.61%	0.05%
OMC	C	0.07%	0.49%	0.07%
PAYX	C	0.16%	0.53%	0.16%
PEG	A	0.04%	0.52%	0.04%
PEP	F	1.01%	0.48%	0.48%
PFE	D	0.33%	0.44%	0.33%
PFG	D	0.03%	0.5%	0.03%
PG	A	0.59%	0.52%	0.52%
PKG	A	0.09%	0.56%	0.09%
PM	B	0.11%	0.56%	0.11%
PPG	F	0.02%	0.49%	0.02%
PPL	B	0.03%	0.55%	0.03%
PRU	A	0.08%	0.53%	0.08%
PSX	C	0.14%	0.52%	0.14%
QCOM	F	0.55%	0.49%	0.49%
RF	A	0.06%	0.57%	0.06%
ROP	B	0.46%	0.52%	0.46%
RPRX	D	0.01%	0.48%	0.01%
RS	B	0.03%	0.56%	0.03%
RTX	C	0.18%	0.5%	0.18%
SNA	A	0.06%	0.63%	0.06%
SO	D	0.54%	0.5%	0.5%
SRE	A	0.06%	0.57%	0.06%
SWKS	F	0.05%	0.45%	0.05%
SYK	C	0.05%	0.57%	0.05%
T	A	0.69%	0.55%	0.55%
TAP	C	0.02%	0.59%	0.02%
TJX	A	0.56%	0.54%	0.54%
TROW	B	0.09%	0.56%	0.09%
TRV	B	0.47%	0.57%	0.47%
TXN	C	1.06%	0.53%	0.53%
UNH	C	2.21%	0.55%	0.55%
UPS	C	0.11%	0.52%	0.11%
VLO	C	0.15%	0.55%	0.15%
VZ	C	0.81%	0.5%	0.5%
WEC	A	0.29%	0.52%	0.29%
WMB	A	0.15%	0.58%	0.15%
WMT	A	0.94%	0.54%	0.54%
WSO	A	0.06%	0.56%	0.06%
XEL	A	0.2%	0.57%	0.2%
XOM	B	0.81%	0.52%	0.52%

QUS Overweight 450 Positions Relative to PAPI

Symbol	Grade	Weight
AAPL	C	3.24%
NVDA	C	2.76%
META	D	2.32%
LLY	F	1.92%
V	A	1.91%
MA	C	1.69%
GOOGL	C	1.2%
GOOG	C	1.12%
BRK.A	B	1.1%
JPM	A	1.06%
TMUS	B	0.78%
LMT	D	0.72%
APH	A	0.71%
ADBE	C	0.71%
MMC	B	0.69%
AMZN	C	0.69%
BAC	A	0.69%
PGR	A	0.65%
CB	C	0.65%
CAT	B	0.63%
MSI	B	0.63%
MCK	B	0.61%
AVGO	D	0.58%
VRTX	F	0.57%
NOC	D	0.55%
RSG	A	0.54%
HON	B	0.53%
WCN	A	0.53%
ORCL	B	0.53%
WM	A	0.52%
WFC	A	0.5%
MCD	D	0.5%
AMAT	F	0.48%
AJG	B	0.46%
BLK	C	0.46%
C	A	0.45%
ANET	C	0.39%
ACGL	D	0.38%
AZO	C	0.36%
HD	A	0.35%
GDDY	A	0.34%
FCNCA	A	0.34%
BMY	B	0.34%
PANW	C	0.32%
GM	B	0.32%
MPC	D	0.32%
FI	A	0.31%
KR	B	0.31%
TSN	B	0.3%
GS	A	0.3%
LRCX	F	0.3%
CDNS	B	0.29%
K	A	0.29%
CBOE	B	0.29%
CVS	D	0.29%
KLAC	D	0.29%
SNPS	B	0.28%
TSLA	B	0.28%
MMM	D	0.28%
NKE	D	0.28%
NOW	A	0.27%
AMGN	D	0.27%
ITW	B	0.27%
SHW	A	0.26%
ORLY	B	0.26%
KEYS	A	0.26%
TT	A	0.26%
ZTS	D	0.25%
REGN	F	0.25%
GIS	D	0.25%
FFIV	B	0.23%
CTAS	B	0.23%
MDLZ	F	0.22%
CMG	B	0.22%
FANG	D	0.22%
VRSN	F	0.22%
MS	A	0.21%
MCO	B	0.21%
AON	A	0.21%
TDY	B	0.21%
HUM	C	0.2%
GWW	B	0.2%
BAH	F	0.2%
FICO	B	0.2%
INCY	C	0.2%
YUM	B	0.19%
DHI	D	0.19%
CDW	F	0.19%
EG	C	0.18%
INTC	D	0.18%
PTC	A	0.18%
HSY	F	0.18%
UBER	D	0.18%
CL	D	0.17%
JNPR	F	0.17%
PNC	B	0.17%
ERIE	D	0.17%
COF	B	0.17%
ROL	B	0.17%
DIS	B	0.17%
TFC	A	0.16%
ADSK	A	0.16%
WTW	B	0.16%
NTAP	C	0.16%
USB	A	0.16%
F	C	0.16%
MKL	A	0.15%
VRSK	A	0.15%
WDAY	B	0.15%
NFLX	A	0.14%
CPRT	A	0.14%
ICE	C	0.14%
PSA	D	0.14%
AKAM	D	0.14%
LOW	D	0.13%
MOH	F	0.13%
IT	C	0.13%
GEN	B	0.13%
ODFL	B	0.13%
MNST	C	0.12%
CRM	B	0.12%
CPB	D	0.12%
AIG	B	0.12%
FDX	B	0.12%
LULU	C	0.12%
WRB	A	0.12%
IDXX	F	0.12%
EW	C	0.12%
L	A	0.12%
AIZ	A	0.12%
AXP	A	0.11%
NVR	D	0.11%
PHM	D	0.11%
A	D	0.11%
GE	D	0.11%
NBIX	C	0.11%
WBD	C	0.11%
DTE	C	0.1%
NEE	D	0.1%
MCHP	D	0.1%
OXY	D	0.1%
UTHR	C	0.1%
TGT	F	0.1%
ROK	B	0.1%
TMO	F	0.1%
DE	A	0.1%
TPL	A	0.09%
CMS	C	0.09%
DECK	A	0.09%
MET	A	0.09%
TSCO	D	0.09%
CHTR	C	0.09%
BK	A	0.09%
RMD	C	0.09%
EME	C	0.08%
PYPL	B	0.08%
PLD	D	0.08%
BLDR	D	0.08%
ULTA	F	0.08%
BMRN	D	0.08%
UNP	C	0.08%
VLTO	D	0.08%
MTB	A	0.08%
HUBS	A	0.08%
VEEV	C	0.08%
CNC	D	0.08%
STX	D	0.07%
HUBB	B	0.07%
MANH	D	0.07%
SPGI	C	0.07%
DPZ	C	0.07%
WAT	B	0.07%
CFG	B	0.07%
MU	D	0.07%
TW	A	0.07%
SCHW	B	0.07%
MELI	D	0.07%
HOLX	D	0.07%
NUE	C	0.07%
DFS	B	0.07%
ALNY	D	0.07%
MPWR	F	0.07%
LPLA	A	0.07%
PCAR	B	0.06%
SOLV	C	0.06%
HBAN	A	0.06%
EXC	C	0.06%
WSM	B	0.06%
STT	A	0.06%
PCG	A	0.06%
DELL	C	0.06%
HCA	F	0.06%
FITB	A	0.06%
SBUX	A	0.06%
AMD	F	0.06%
WBA	F	0.06%
SYF	B	0.06%
ALL	A	0.06%
CRWD	B	0.06%
WST	C	0.06%
GEV	B	0.05%
SYY	B	0.05%
APA	D	0.05%
BX	A	0.05%
ETR	B	0.05%
IEX	B	0.05%
CBRE	B	0.05%
ETN	A	0.05%
JBHT	C	0.05%
FDS	B	0.05%
NSC	B	0.05%
VTRS	A	0.05%
SLB	C	0.05%
CSX	B	0.05%
LNG	B	0.05%
ISRG	A	0.04%
WELL	A	0.04%
CARR	D	0.04%
MRO	B	0.04%
VICI	C	0.04%
AMT	D	0.04%
DLR	B	0.04%
INTU	C	0.04%
ALLE	D	0.04%
KNX	B	0.04%
BKNG	A	0.04%
PH	A	0.04%
OTIS	C	0.04%
GPN	B	0.04%
AMP	A	0.04%
URI	B	0.04%
STLD	B	0.04%
BSX	B	0.04%
O	D	0.04%
KVUE	A	0.04%
FCX	D	0.04%
EPAM	C	0.04%
KKR	A	0.04%
KEY	B	0.04%
EIX	B	0.04%
POOL	C	0.04%
TER	D	0.04%
CCI	D	0.03%
CNH	C	0.03%
ES	D	0.03%
SMCI	F	0.03%
ALLY	C	0.03%
TTC	D	0.03%
HAL	C	0.03%
SW	A	0.03%
NXPI	D	0.03%
NRG	B	0.03%
EQT	B	0.03%
PARA	C	0.03%
ACI	C	0.03%
KMX	B	0.03%
TRGP	B	0.03%
BR	A	0.03%
GEHC	F	0.03%
FSLR	F	0.03%
APO	B	0.03%
WY	D	0.03%
SQ	B	0.03%
ROST	C	0.03%
JBL	B	0.03%
MKTX	D	0.03%
CF	B	0.03%
SEIC	B	0.03%
OVV	B	0.03%
CEG	D	0.03%
SPG	B	0.03%
LW	C	0.03%
NTRS	A	0.03%
FIS	C	0.03%
RJF	A	0.03%
PAYC	B	0.03%
APP	B	0.02%
SSNC	B	0.02%
CPAY	A	0.02%
CCK	C	0.02%
BALL	D	0.02%
SJM	D	0.02%
ABNB	C	0.02%
STZ	D	0.02%
LDOS	C	0.02%
VMC	B	0.02%
AWK	D	0.02%
DLTR	F	0.02%
WDC	D	0.02%
NDAQ	A	0.02%
DOV	A	0.02%
EXPE	B	0.02%
MLM	B	0.02%
VTR	C	0.02%
IR	B	0.02%
FTV	C	0.02%
ARE	D	0.02%
ALB	C	0.02%
UHS	D	0.02%
NI	A	0.02%
EQH	B	0.02%
IFF	D	0.02%
J	F	0.02%
KIM	A	0.02%
MAR	B	0.02%
EQR	B	0.02%
TXT	D	0.02%
APTV	D	0.02%
EBAY	D	0.02%
MRVL	B	0.02%
AVB	B	0.02%
OC	A	0.02%
IQV	D	0.02%
CRBG	B	0.02%
CNP	B	0.02%
DG	F	0.02%
VST	B	0.02%
WAB	B	0.02%
SWK	D	0.02%
CHRW	C	0.02%
HES	B	0.02%
PWR	A	0.02%
ON	D	0.02%
BIIB	F	0.02%
ZBH	C	0.02%
BAX	D	0.02%
BA	F	0.02%
EQIX	A	0.02%
EXR	D	0.02%
AME	A	0.02%
ENPH	F	0.02%
ECL	D	0.02%
TTD	B	0.01%
HOOD	B	0.01%
ENTG	D	0.01%
RIVN	F	0.01%
MTCH	D	0.01%
TYL	B	0.01%
MTD	D	0.01%
BIO	D	0.01%
LUV	C	0.01%
BBWI	D	0.01%
NDSN	B	0.01%
Z	A	0.01%
LII	A	0.01%
ALGN	D	0.01%
QRVO	F	0.01%
LVS	C	0.01%
LYV	A	0.01%
TFX	F	0.01%
VRT	B	0.01%
SBAC	D	0.01%
PLTR	B	0.01%
ILMN	D	0.01%
ARES	A	0.01%
UDR	B	0.01%
UHAL	D	0.01%
CSGP	D	0.01%
AMH	D	0.01%
WLK	D	0.01%
CRL	C	0.01%
CTLT	B	0.01%
ANSS	B	0.01%
MGM	D	0.01%
TDG	D	0.01%
MSCI	C	0.01%
DASH	A	0.01%
CPT	B	0.01%
DVA	B	0.01%
GLPI	C	0.01%
AVY	D	0.01%
EL	F	0.01%
WTRG	B	0.01%
FBIN	D	0.01%
HST	C	0.01%
TRU	D	0.01%
CSL	C	0.01%
AVTR	F	0.01%
ESS	B	0.01%
IRM	D	0.01%
MAS	D	0.01%
PNR	A	0.01%
REG	B	0.01%
RPM	A	0.01%
NWSA	B	0.01%
HLT	A	0.01%
RCL	A	0.01%
SUI	D	0.01%
CE	F	0.01%
CLX	B	0.01%
WPC	D	0.01%
MKC	D	0.01%
BEN	C	0.01%
FTNT	C	0.01%
STE	F	0.01%
ZBRA	B	0.01%
MRNA	F	0.01%
TWLO	A	0.01%
AES	F	0.01%
HSIC	B	0.01%
INVH	D	0.01%
TRMB	B	0.01%
BURL	A	0.01%
MAA	B	0.01%
TTWO	A	0.01%
ACM	A	0.01%
DOC	D	0.01%
COIN	C	0.01%
DAL	C	0.01%
XYL	D	0.01%
CCL	B	0.01%
EFX	F	0.01%
HWM	A	0.01%
DKS	C	0.01%
BRO	B	0.01%
CG	A	0.01%
BXP	D	0.01%
ZM	B	0.01%
RVTY	F	0.01%
CELH	F	0.0%
IOT	A	0.0%
ZS	C	0.0%
TEAM	A	0.0%
NET	B	0.0%
RBLX	C	0.0%
MDB	C	0.0%
TOST	B	0.0%
DKNG	B	0.0%
BSY	D	0.0%
PSTG	D	0.0%
DDOG	A	0.0%
SNAP	C	0.0%
H	B	0.0%
DT	C	0.0%
WYNN	D	0.0%
PODD	C	0.0%
DOCU	A	0.0%
EXAS	D	0.0%
HEI	B	0.0%
DAY	B	0.0%
ROKU	D	0.0%
SNOW	C	0.0%
PINS	D	0.0%
DXCM	D	0.0%
MSTR	C	0.0%
ELS	C	0.0%
HEI	B	0.0%
TECH	D	0.0%
OKTA	C	0.0%
AXON	A	0.0%

QUS Underweight 56 Positions Relative to PAPI

Symbol	Grade	Weight
DTM	B	-0.62%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
CFR	B	-0.59%
PB	A	-0.59%
IDA	A	-0.59%
JHG	A	-0.58%
WHR	B	-0.57%
RHI	B	-0.57%
TXRH	C	-0.57%
DCI	B	-0.55%
INGR	B	-0.55%
OGE	B	-0.55%
GNTX	C	-0.54%
PAG	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
MTN	C	-0.54%
AM	A	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
HP	B	-0.52%
BMI	B	-0.52%
NFG	A	-0.52%
ATR	B	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
OXM	D	-0.51%
POWI	D	-0.5%
NYT	C	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
RGLD	C	-0.5%
MTG	C	-0.5%
DOX	D	-0.49%
CHE	D	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
WEN	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
ASH	D	-0.46%
FMC	D	-0.46%
HAS	D	-0.46%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
INSW	F	-0.44%
PII	D	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
SCCO	F	-0.0%