QUS vs. ROUS ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Lattice U.S. Equity Strategy ETF (ROUS)

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

$160.99

Average Daily Volume

15,214

Number of Holdings ^*

583

* 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

$53.44

Average Daily Volume

59,027

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	QUS	ROUS
30 Days	1.13%	3.07%
60 Days	2.86%	4.41%
90 Days	3.85%	5.48%
12 Months	28.61%	29.12%

249 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in ROUS	Overlap
	AAPL	C	3.24%	1.22%	1.22%
	ABBV	F	0.49%	0.85%	0.49%
	ABT	B	0.16%	0.14%	0.14%
	ACGL	C	0.38%	0.24%	0.24%
	ACI	C	0.03%	0.41%	0.03%
	ACN	B	1.18%	0.44%	0.44%
	ADBE	C	0.71%	0.16%	0.16%
	ADI	D	0.14%	0.09%	0.09%
	ADM	D	0.08%	0.03%	0.03%
	ADSK	A	0.16%	0.05%	0.05%
	AEE	A	0.11%	0.13%	0.11%
	AEP	C	0.19%	0.22%	0.19%
	AFL	B	0.22%	0.32%	0.22%
	AIG	B	0.12%	0.02%	0.02%
	AIZ	A	0.12%	0.09%	0.09%
	AKAM	D	0.14%	0.04%	0.04%
	ALL	A	0.06%	0.14%	0.06%
	AMAT	F	0.48%	0.29%	0.29%
	AMCR	C	0.02%	0.1%	0.02%
	AMGN	F	0.27%	0.36%	0.27%
	AMZN	C	0.69%	0.52%	0.52%
	ANET	C	0.39%	0.31%	0.31%
	AOS	F	0.03%	0.01%	0.01%
	APH	A	0.71%	0.58%	0.58%
	AVB	B	0.02%	0.12%	0.02%
	AVGO	D	0.58%	0.63%	0.58%
	AVY	F	0.01%	0.01%	0.01%
	AZO	C	0.36%	0.32%	0.32%
	BAC	A	0.69%	0.11%	0.11%
	BAH	F	0.2%	0.17%	0.17%
	BBY	D	0.09%	0.35%	0.09%
	BK	A	0.09%	0.48%	0.09%
	BKNG	A	0.04%	0.23%	0.04%
	BLDR	D	0.08%	0.12%	0.08%
	BMY	B	0.34%	0.32%	0.32%
	BR	A	0.03%	0.05%	0.03%
	BRK.A	B	1.1%	0.72%	0.72%
	BSX	A	0.04%	0.14%	0.04%
	C	A	0.45%	0.34%	0.34%
	CAH	B	0.12%	0.17%	0.12%
	CAT	B	0.63%	0.19%	0.19%
	CB	C	0.65%	0.33%	0.33%
	CBOE	C	0.29%	0.09%	0.09%
	CCI	C	0.03%	0.04%	0.03%
	CDNS	B	0.29%	0.29%	0.29%
	CDW	F	0.19%	0.33%	0.19%
	CF	A	0.03%	0.03%	0.03%
	CHRD	D	0.01%	0.09%	0.01%
	CHRW	B	0.02%	0.38%	0.02%
	CHTR	C	0.09%	0.02%	0.02%
	CI	D	0.24%	0.24%	0.24%
	CINF	A	0.03%	0.5%	0.03%
	CL	D	0.17%	0.43%	0.17%
	CMCSA	B	0.42%	0.37%	0.37%
	CMI	A	0.17%	0.48%	0.17%
	CNC	D	0.08%	0.1%	0.08%
	COF	C	0.17%	0.04%	0.04%
	COP	C	0.17%	0.08%	0.08%
	COR	B	0.35%	0.27%	0.27%
	COST	A	1.31%	0.56%	0.56%
	CRBG	B	0.02%	0.23%	0.02%
	CSCO	B	1.34%	0.83%	0.83%
	CTAS	B	0.23%	0.43%	0.23%
	CTSH	B	0.39%	0.75%	0.39%
	CVS	D	0.29%	0.44%	0.29%
	CVX	A	0.55%	0.21%	0.21%
	D	C	0.14%	0.04%	0.04%
	DELL	B	0.06%	0.88%	0.06%
	DGX	A	0.06%	0.27%	0.06%
	DHI	F	0.19%	0.19%	0.19%
	DKS	D	0.01%	0.21%	0.01%
	DOV	A	0.02%	0.13%	0.02%
	DTE	C	0.1%	0.23%	0.1%
	DUK	C	0.6%	0.29%	0.29%
	DVN	F	0.04%	0.1%	0.04%
	EA	A	0.31%	0.77%	0.31%
	EBAY	D	0.02%	0.33%	0.02%
	ECL	D	0.02%	0.18%	0.02%
	ED	C	0.42%	0.23%	0.23%
	EG	C	0.18%	0.26%	0.18%
	EIX	B	0.04%	0.12%	0.04%
	ELV	F	0.29%	0.42%	0.29%
	EME	A	0.08%	0.39%	0.08%
	EOG	A	0.15%	0.63%	0.15%
	EQR	C	0.02%	0.12%	0.02%
	ETR	B	0.05%	0.37%	0.05%
	EXC	C	0.06%	0.08%	0.06%
	FANG	C	0.22%	0.12%	0.12%
	FAST	B	0.15%	0.49%	0.15%
	FDX	B	0.12%	0.36%	0.12%
	FE	C	0.02%	0.17%	0.02%
	FFIV	B	0.23%	0.42%	0.23%
	FICO	B	0.2%	0.67%	0.2%
	FITB	B	0.06%	0.17%	0.06%
	FOXA	A	0.02%	0.58%	0.02%
	FTNT	C	0.01%	0.07%	0.01%
	GD	D	0.07%	0.07%	0.07%
	GDDY	A	0.34%	0.52%	0.34%
	GEN	B	0.13%	0.21%	0.13%
	GILD	C	0.43%	0.7%	0.43%
	GIS	D	0.25%	0.14%	0.14%
	GLPI	C	0.01%	0.08%	0.01%
	GLW	B	0.14%	0.54%	0.14%
	GOOGL	C	1.2%	1.26%	1.2%
	GPC	D	0.02%	0.33%	0.02%
	GRMN	B	0.2%	0.3%	0.2%
	GWW	B	0.2%	0.58%	0.2%
	HBAN	A	0.06%	0.23%	0.06%
	HCA	F	0.06%	0.2%	0.06%
	HD	B	0.35%	0.81%	0.35%
	HON	C	0.53%	0.05%	0.05%
	HPE	B	0.06%	0.86%	0.06%
	HPQ	B	0.07%	1.07%	0.07%
	HSY	F	0.18%	0.27%	0.18%
	HUBB	B	0.07%	0.09%	0.07%
	HUM	C	0.2%	0.53%	0.2%
	IBM	C	0.67%	0.83%	0.67%
	INCY	C	0.2%	0.44%	0.2%
	INTU	B	0.04%	0.11%	0.04%
	IP	A	0.04%	0.04%	0.04%
	IRM	C	0.01%	0.18%	0.01%
	IT	C	0.13%	0.56%	0.13%
	ITW	B	0.27%	0.26%	0.26%
	JBL	C	0.03%	0.16%	0.03%
	JCI	B	0.05%	0.03%	0.03%
	JNJ	C	1.64%	1.08%	1.08%
	JNPR	D	0.17%	0.4%	0.17%
	JPM	A	1.06%	0.81%	0.81%
	KEYS	A	0.26%	0.25%	0.25%
	KLAC	F	0.29%	0.28%	0.28%
	KMB	C	0.1%	0.38%	0.1%
	KO	D	0.81%	0.09%	0.09%
	KR	B	0.31%	0.84%	0.31%
	L	A	0.12%	0.1%	0.1%
	LDOS	C	0.02%	0.11%	0.02%
	LII	A	0.01%	0.12%	0.01%
	LIN	C	0.15%	0.02%	0.02%
	LLY	F	1.92%	0.75%	0.75%
	LMT	D	0.72%	0.38%	0.38%
	LNG	A	0.05%	0.33%	0.05%
	LOW	C	0.13%	0.31%	0.13%
	LRCX	F	0.3%	0.17%	0.17%
	LYB	F	0.04%	0.17%	0.04%
	MA	B	1.69%	0.39%	0.39%
	MANH	D	0.07%	0.24%	0.07%
	MAS	D	0.01%	0.26%	0.01%
	MCD	D	0.5%	0.14%	0.14%
	MCHP	F	0.1%	0.21%	0.1%
	MCK	A	0.61%	0.54%	0.54%
	MDT	D	0.15%	0.17%	0.15%
	META	D	2.32%	0.78%	0.78%
	MKL	A	0.15%	0.33%	0.15%
	MMM	D	0.28%	0.15%	0.15%
	MO	A	0.07%	0.6%	0.07%
	MPC	D	0.32%	0.26%	0.26%
	MPWR	F	0.07%	0.01%	0.01%
	MRK	D	0.46%	0.84%	0.46%
	MSFT	D	2.7%	1.14%	1.14%
	MSI	B	0.63%	0.82%	0.63%
	MTB	A	0.08%	0.62%	0.08%
	MTD	F	0.01%	0.11%	0.01%
	NEE	C	0.1%	0.09%	0.09%
	NOC	D	0.55%	0.08%	0.08%
	NOW	A	0.27%	0.05%	0.05%
	NRG	B	0.03%	0.51%	0.03%
	NTAP	C	0.16%	1.0%	0.16%
	NVDA	B	2.76%	0.99%	0.99%
	NVR	D	0.11%	0.24%	0.11%
	NWSA	A	0.01%	0.03%	0.01%
	NXPI	D	0.03%	0.38%	0.03%
	O	C	0.04%	0.14%	0.04%
	OC	A	0.02%	0.2%	0.02%
	OMC	C	0.07%	0.15%	0.07%
	ORCL	A	0.53%	0.64%	0.53%
	ORLY	B	0.26%	0.37%	0.26%
	OTIS	C	0.04%	0.28%	0.04%
	PANW	B	0.32%	0.13%	0.13%
	PAYX	B	0.16%	0.02%	0.02%
	PCAR	B	0.06%	0.31%	0.06%
	PEG	A	0.04%	0.24%	0.04%
	PEP	F	1.01%	0.28%	0.28%
	PG	C	0.59%	0.64%	0.59%
	PGR	A	0.65%	0.23%	0.23%
	PHM	D	0.11%	0.29%	0.11%
	PKG	A	0.09%	0.23%	0.09%
	PM	B	0.11%	0.34%	0.11%
	PNC	B	0.17%	0.21%	0.17%
	PPG	F	0.02%	0.16%	0.02%
	PPL	A	0.03%	0.19%	0.03%
	PRU	A	0.08%	0.25%	0.08%
	PSA	C	0.14%	0.07%	0.07%
	PSTG	D	0.0%	0.12%	0.0%
	PSX	C	0.14%	0.02%	0.02%
	PTC	B	0.18%	0.06%	0.06%
	QCOM	F	0.55%	0.52%	0.52%
	REGN	F	0.25%	0.17%	0.17%
	RF	A	0.06%	0.27%	0.06%
	RMD	C	0.09%	0.3%	0.09%
	ROL	B	0.17%	0.14%	0.14%
	ROP	B	0.46%	0.2%	0.2%
	RPM	A	0.01%	0.44%	0.01%
	RS	B	0.03%	0.39%	0.03%
	RSG	A	0.54%	0.2%	0.2%
	SHW	B	0.26%	0.51%	0.26%
	SNA	A	0.06%	0.25%	0.06%
	SNPS	B	0.28%	0.19%	0.19%
	SO	C	0.54%	0.26%	0.26%
	SPG	A	0.03%	0.07%	0.03%
	SRE	A	0.06%	0.07%	0.06%
	STLD	B	0.04%	0.3%	0.04%
	STT	B	0.06%	0.25%	0.06%
	STX	C	0.07%	0.16%	0.07%
	SW	A	0.03%	0.38%	0.03%
	SWKS	F	0.05%	0.15%	0.05%
	SYF	B	0.06%	0.31%	0.06%
	SYK	B	0.05%	0.02%	0.02%
	SYY	D	0.05%	0.26%	0.05%
	T	A	0.69%	0.89%	0.69%
	TER	F	0.04%	0.33%	0.04%
	TGT	F	0.1%	0.11%	0.1%
	TJX	A	0.56%	0.28%	0.28%
	TMUS	B	0.78%	0.76%	0.76%
	TRV	B	0.47%	0.39%	0.39%
	TSCO	D	0.09%	0.32%	0.09%
	TT	A	0.26%	0.23%	0.23%
	TXN	C	1.06%	0.65%	0.65%
	UNH	B	2.21%	1.02%	1.02%
	USB	A	0.16%	0.13%	0.13%
	UTHR	C	0.1%	0.42%	0.1%
	V	A	1.91%	0.4%	0.4%
	VICI	C	0.04%	0.31%	0.04%
	VLO	C	0.15%	0.47%	0.15%
	VRSK	A	0.15%	0.19%	0.15%
	VRSN	C	0.22%	0.36%	0.22%
	VRTX	D	0.57%	0.36%	0.36%
	VST	A	0.02%	0.16%	0.02%
	VTR	B	0.02%	0.02%	0.02%
	VZ	C	0.81%	0.84%	0.81%
	WEC	A	0.29%	0.13%	0.13%
	WELL	A	0.04%	0.09%	0.04%
	WFC	A	0.5%	0.22%	0.22%
	WM	B	0.52%	0.31%	0.31%
	WMT	A	0.94%	1.09%	0.94%
	WPC	C	0.01%	0.01%	0.01%
	WSM	C	0.06%	0.22%	0.06%
	WSO	A	0.06%	0.19%	0.06%
	XEL	A	0.2%	0.27%	0.2%
	XOM	B	0.81%	0.82%	0.81%
	YUM	D	0.19%	0.3%	0.19%

QUS Overweight 334 Positions Relative to ROUS

	Symbol	Grade	Weight
	GOOG	C	1.12%
	MMC	B	0.69%
	ADP	A	0.54%
	WCN	A	0.53%
	AJG	A	0.46%
	BLK	B	0.46%
	FCNCA	A	0.34%
	PFE	F	0.33%
	GM	C	0.32%
	FI	A	0.31%
	TSN	B	0.3%
	GS	A	0.3%
	K	A	0.29%
	TSLA	B	0.28%
	NKE	F	0.28%
	ZTS	D	0.25%
	BDX	F	0.24%
	CME	B	0.23%
	KDP	F	0.23%
	MDLZ	F	0.22%
	CMG	B	0.22%
	MS	A	0.21%
	MCO	B	0.21%
	AON	A	0.21%
	TDY	B	0.21%
	INTC	C	0.18%
	KHC	F	0.18%
	UBER	F	0.18%
	RTX	D	0.18%
	NEM	D	0.18%
	ERIE	D	0.17%
	DIS	B	0.17%
	TFC	A	0.16%
	WTW	B	0.16%
	F	C	0.16%
	CTVA	C	0.16%
	WMB	A	0.15%
	AFG	A	0.15%
	WDAY	B	0.15%
	NFLX	A	0.14%
	CPRT	B	0.14%
	ICE	C	0.14%
	CHD	A	0.14%
	MOH	F	0.13%
	ODFL	C	0.13%
	MNST	C	0.12%
	CRM	B	0.12%
	CPB	D	0.12%
	LULU	C	0.12%
	WRB	A	0.12%
	IDXX	F	0.12%
	EW	C	0.12%
	AXP	A	0.11%
	A	D	0.11%
	GE	D	0.11%
	NBIX	C	0.11%
	UPS	C	0.11%
	WBD	B	0.11%
	OXY	D	0.1%
	ROK	C	0.1%
	TMO	F	0.1%
	DE	B	0.1%
	DHR	F	0.09%
	TPL	A	0.09%
	CMS	C	0.09%
	DECK	A	0.09%
	MET	A	0.09%
	HIG	B	0.09%
	TROW	B	0.09%
	HRL	D	0.08%
	PYPL	B	0.08%
	PLD	F	0.08%
	ULTA	F	0.08%
	BMRN	F	0.08%
	UNP	C	0.08%
	VLTO	C	0.08%
	HUBS	A	0.08%
	VEEV	C	0.08%
	SPGI	C	0.07%
	DPZ	C	0.07%
	WAT	C	0.07%
	KMI	A	0.07%
	CFG	B	0.07%
	MU	D	0.07%
	TW	A	0.07%
	SCHW	B	0.07%
	MELI	C	0.07%
	HOLX	D	0.07%
	NUE	C	0.07%
	DFS	B	0.07%
	ALNY	D	0.07%
	LPLA	A	0.07%
	SOLV	D	0.06%
	PCG	A	0.06%
	DOW	F	0.06%
	SBUX	A	0.06%
	AMD	F	0.06%
	LEN	D	0.06%
	WBA	F	0.06%
	EXPD	C	0.06%
	CRWD	B	0.06%
	WST	C	0.06%
	GEV	B	0.05%
	APD	A	0.05%
	APA	D	0.05%
	BG	D	0.05%
	BX	A	0.05%
	GGG	B	0.05%
	IEX	C	0.05%
	CBRE	B	0.05%
	LNT	A	0.05%
	ETN	A	0.05%
	JBHT	C	0.05%
	FDS	B	0.05%
	NSC	B	0.05%
	EMR	B	0.05%
	VTRS	A	0.05%
	SLB	C	0.05%
	CSX	C	0.05%
	OKE	A	0.05%
	ISRG	A	0.04%
	CARR	C	0.04%
	MRO	B	0.04%
	AMT	C	0.04%
	DLR	B	0.04%
	JKHY	D	0.04%
	ALLE	C	0.04%
	KNX	C	0.04%
	PH	A	0.04%
	GPN	B	0.04%
	AMP	A	0.04%
	URI	C	0.04%
	DD	C	0.04%
	ATO	A	0.04%
	KVUE	A	0.04%
	FCX	F	0.04%
	BKR	A	0.04%
	EPAM	B	0.04%
	KKR	A	0.04%
	LHX	C	0.04%
	KEY	B	0.04%
	POOL	C	0.04%
	CNH	C	0.03%
	ES	C	0.03%
	SMCI	F	0.03%
	ALLY	C	0.03%
	TTC	C	0.03%
	HAL	C	0.03%
	EQT	B	0.03%
	PARA	C	0.03%
	KMX	B	0.03%
	TRGP	A	0.03%
	GEHC	D	0.03%
	FSLR	F	0.03%
	APO	B	0.03%
	WY	F	0.03%
	SQ	A	0.03%
	ROST	D	0.03%
	MKTX	D	0.03%
	SEIC	B	0.03%
	OVV	B	0.03%
	CEG	C	0.03%
	LW	C	0.03%
	LH	B	0.03%
	MOS	F	0.03%
	NTRS	A	0.03%
	CTRA	B	0.03%
	FIS	C	0.03%
	PFG	D	0.03%
	RJF	A	0.03%
	PAYC	B	0.03%
	DRI	B	0.02%
	APP	B	0.02%
	SSNC	B	0.02%
	CPAY	A	0.02%
	CCK	D	0.02%
	BALL	F	0.02%
	SJM	D	0.02%
	ABNB	C	0.02%
	STZ	D	0.02%
	LKQ	F	0.02%
	VMC	B	0.02%
	AWK	C	0.02%
	DLTR	F	0.02%
	EMN	C	0.02%
	WDC	D	0.02%
	NDAQ	A	0.02%
	EXPE	B	0.02%
	MLM	C	0.02%
	IR	B	0.02%
	FTV	C	0.02%
	ARE	F	0.02%
	ALB	B	0.02%
	UHS	D	0.02%
	NI	A	0.02%
	EQH	C	0.02%
	IFF	D	0.02%
	J	D	0.02%
	KIM	A	0.02%
	MAR	A	0.02%
	TXT	D	0.02%
	APTV	F	0.02%
	MRVL	B	0.02%
	CAG	F	0.02%
	IQV	F	0.02%
	FNF	B	0.02%
	CNP	A	0.02%
	DG	F	0.02%
	EVRG	A	0.02%
	WAB	B	0.02%
	SWK	D	0.02%
	HES	B	0.02%
	PWR	A	0.02%
	ON	D	0.02%
	BIIB	F	0.02%
	ZBH	C	0.02%
	BAX	F	0.02%
	BA	F	0.02%
	EQIX	A	0.02%
	EXR	C	0.02%
	DINO	D	0.02%
	AME	A	0.02%
	TAP	C	0.02%
	ENPH	F	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%
	BIO	C	0.01%
	LUV	C	0.01%
	BBWI	C	0.01%
	NDSN	B	0.01%
	Z	A	0.01%
	ALGN	D	0.01%
	QRVO	F	0.01%
	LVS	B	0.01%
	LYV	A	0.01%
	TFX	F	0.01%
	VRT	B	0.01%
	SBAC	D	0.01%
	PLTR	B	0.01%
	ILMN	C	0.01%
	ARES	A	0.01%
	UDR	B	0.01%
	UHAL	D	0.01%
	CSGP	D	0.01%
	AMH	C	0.01%
	WLK	D	0.01%
	CRL	D	0.01%
	CTLT	C	0.01%
	RPRX	D	0.01%
	ANSS	B	0.01%
	MGM	D	0.01%
	TDG	D	0.01%
	MSCI	C	0.01%
	DASH	B	0.01%
	CPT	B	0.01%
	DVA	C	0.01%
	HII	F	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%
	FOX	A	0.01%
	ESS	B	0.01%
	PNR	A	0.01%
	REG	A	0.01%
	HLT	A	0.01%
	RCL	A	0.01%
	SUI	C	0.01%
	CE	F	0.01%
	CLX	A	0.01%
	MKC	C	0.01%
	BEN	C	0.01%
	STE	D	0.01%
	ZBRA	B	0.01%
	MRNA	F	0.01%
	TWLO	A	0.01%
	AES	F	0.01%
	HSIC	C	0.01%
	INVH	D	0.01%
	TRMB	B	0.01%
	BURL	B	0.01%
	MAA	B	0.01%
	TTWO	A	0.01%
	ACM	B	0.01%
	DOC	C	0.01%
	COIN	C	0.01%
	DAL	B	0.01%
	XYL	D	0.01%
	CCL	A	0.01%
	EFX	F	0.01%
	HWM	A	0.01%
	BRO	B	0.01%
	IPG	D	0.01%
	CG	B	0.01%
	BXP	C	0.01%
	ZM	C	0.01%
	RVTY	F	0.01%
	CELH	F	0.0%
	IOT	A	0.0%
	ZS	B	0.0%
	TEAM	A	0.0%
	NET	B	0.0%
	RBLX	C	0.0%
	MDB	B	0.0%
	TOST	B	0.0%
	DKNG	B	0.0%
	BSY	F	0.0%
	DDOG	A	0.0%
	SNAP	D	0.0%
	H	B	0.0%
	DT	D	0.0%
	WYNN	C	0.0%
	PODD	C	0.0%
	DOCU	B	0.0%
	EXAS	D	0.0%
	HEI	A	0.0%
	DAY	B	0.0%
	ROKU	D	0.0%
	SNOW	B	0.0%
	PINS	F	0.0%
	DXCM	C	0.0%
	MSTR	B	0.0%
	ELS	C	0.0%
	HEI	A	0.0%
	TECH	F	0.0%
	OKTA	C	0.0%
	AXON	A	0.0%

QUS Underweight 96 Positions Relative to ROUS

	Symbol	Grade	Weight
	CVLT	B	-0.78%
	AVT	C	-0.69%
	MUSA	B	-0.64%
	ALSN	B	-0.49%
	HRB	D	-0.49%
	DBX	B	-0.43%
	UNM	A	-0.41%
	MLI	B	-0.4%
	SANM	B	-0.37%
	AXS	A	-0.37%
	VNT	C	-0.36%
	NYT	D	-0.35%
	NSIT	F	-0.32%
	BMI	B	-0.32%
	CRUS	D	-0.32%
	ORI	A	-0.31%
	RHI	C	-0.29%
	WTM	A	-0.29%
	GPI	B	-0.29%
	EXEL	B	-0.29%
	ALKS	C	-0.27%
	CASY	A	-0.26%
	DLB	B	-0.25%
	SNX	D	-0.25%
	LOPE	C	-0.25%
	DCI	B	-0.24%
	CACI	D	-0.24%
	NFG	A	-0.24%
	AIT	B	-0.23%
	LSTR	D	-0.23%
	GPK	C	-0.23%
	R	B	-0.23%
	KD	B	-0.22%
	AN	C	-0.22%
	AYI	B	-0.22%
	SON	F	-0.2%
	OGN	F	-0.2%
	ARW	D	-0.19%
	FLO	D	-0.19%
	RDN	D	-0.19%
	DY	D	-0.18%
	ADC	A	-0.17%
	ASGN	F	-0.17%
	UFPI	C	-0.17%
	RNR	C	-0.16%
	CBT	D	-0.16%
	SKX	D	-0.16%
	MTG	C	-0.14%
	SFM	A	-0.14%
	RL	C	-0.14%
	FLEX	B	-0.14%
	BPOP	C	-0.14%
	FCN	F	-0.14%
	RGA	A	-0.14%
	CMC	B	-0.14%
	COKE	C	-0.13%
	CHE	D	-0.13%
	LAMR	C	-0.13%
	POR	C	-0.12%
	UMBF	B	-0.1%
	VMI	B	-0.1%
	FSS	B	-0.1%
	BJ	A	-0.09%
	ATR	B	-0.08%
	OGE	A	-0.08%
	JHG	B	-0.08%
	ACIW	B	-0.08%
	INGR	C	-0.08%
	MMS	F	-0.08%
	GWRE	A	-0.07%
	APPF	B	-0.07%
	NNN	C	-0.07%
	KNF	B	-0.07%
	LNC	C	-0.06%
	CSWI	B	-0.06%
	SPSC	D	-0.06%
	AWI	A	-0.05%
	ANF	F	-0.05%
	MOG.A	B	-0.05%
	FELE	B	-0.04%
	LFUS	D	-0.04%
	EPRT	B	-0.04%
	BCO	F	-0.04%
	ITCI	C	-0.04%
	NXST	C	-0.04%
	CIEN	C	-0.02%
	SEE	C	-0.02%
	MSA	F	-0.02%
	EHC	B	-0.02%
	ITRI	C	-0.02%
	OHI	C	-0.02%
	FHN	A	-0.02%
	AAON	B	-0.02%
	SLGN	A	-0.02%
	MTH	D	-0.01%
	ONB	C	-0.01%

QUS: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50

ROUS: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Specialty Retail Banks - Regional - US Business Services Semiconductors Information Technology Services Insurance - Property & Casualty Packaging & Containers Biotechnology Drug Manufacturers - Major Specialty Chemicals Building Materials Health Care Plans Oil & Gas E&P REIT - Diversified Software - Infrastructure Utilities - Diversified Communication Equipment

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Dow Jones Component Electricity Electronics Banking Chemical Telecommunications Bank Insurance Products Semiconductor Aerospace Mining Cloud Computing Mobile Devices Retailing Integrated Circuits