QUS vs. SSPY ETF Comparison

Comparison of SPDR MSCI USA Quality Mix ETF (QUS) to Syntax Stratified LargeCap ETF (SSPY)

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

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$81.25

Average Daily Volume

2,386

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	QUS	SSPY
30 Days	1.13%	2.71%
60 Days	2.86%	2.03%
90 Days	3.85%	2.72%
12 Months	28.61%	22.62%

484 Overlapping Holdings

	Symbol	Grade	Weight in QUS	Weight in SSPY	Overlap
	A	D	0.11%	0.15%	0.11%
	AAPL	C	3.24%	0.5%	0.5%
	ABBV	F	0.49%	0.24%	0.24%
	ABNB	C	0.02%	0.12%	0.02%
	ABT	B	0.16%	0.06%	0.06%
	ACGL	C	0.38%	0.14%	0.14%
	ACN	B	1.18%	0.13%	0.13%
	ADBE	C	0.71%	0.16%	0.16%
	ADI	D	0.14%	0.22%	0.14%
	ADM	D	0.08%	0.37%	0.08%
	ADP	A	0.54%	0.21%	0.21%
	ADSK	A	0.16%	0.17%	0.16%
	AEE	A	0.11%	0.08%	0.08%
	AEP	C	0.19%	0.24%	0.19%
	AES	F	0.01%	0.32%	0.01%
	AFL	B	0.22%	0.2%	0.2%
	AIG	B	0.12%	0.2%	0.12%
	AIZ	A	0.12%	0.2%	0.12%
	AJG	A	0.46%	0.03%	0.03%
	AKAM	D	0.14%	0.27%	0.14%
	ALB	B	0.02%	0.05%	0.02%
	ALGN	D	0.01%	0.1%	0.01%
	ALL	A	0.06%	0.2%	0.06%
	ALLE	C	0.04%	0.08%	0.04%
	AMAT	F	0.48%	0.18%	0.18%
	AMCR	C	0.02%	0.13%	0.02%
	AMD	F	0.06%	0.14%	0.06%
	AME	A	0.02%	0.13%	0.02%
	AMGN	F	0.27%	0.24%	0.24%
	AMP	A	0.04%	0.08%	0.04%
	AMT	C	0.04%	0.06%	0.04%
	AMZN	C	0.69%	0.22%	0.22%
	ANET	C	0.39%	0.21%	0.21%
	ANSS	B	0.01%	0.17%	0.01%
	AON	A	0.21%	0.04%	0.04%
	AOS	F	0.03%	0.21%	0.03%
	APA	D	0.05%	0.07%	0.05%
	APD	A	0.05%	0.05%	0.05%
	APH	A	0.71%	0.19%	0.19%
	APTV	F	0.02%	0.4%	0.02%
	ARE	F	0.02%	0.11%	0.02%
	ATO	A	0.04%	0.33%	0.04%
	AVB	B	0.02%	0.1%	0.02%
	AVGO	D	0.58%	0.23%	0.23%
	AVY	F	0.01%	0.06%	0.01%
	AWK	C	0.02%	0.32%	0.02%
	AXON	A	0.0%	0.09%	0.0%
	AXP	A	0.11%	0.04%	0.04%
	AZO	C	0.36%	0.14%	0.14%
	BA	F	0.02%	0.16%	0.02%
	BAC	A	0.69%	0.12%	0.12%
	BALL	F	0.02%	0.13%	0.02%
	BAX	F	0.02%	0.05%	0.02%
	BBWI	C	0.01%	0.19%	0.01%
	BBY	D	0.09%	0.17%	0.09%
	BDX	F	0.24%	0.05%	0.05%
	BEN	C	0.01%	0.09%	0.01%
	BG	D	0.05%	0.37%	0.05%
	BIIB	F	0.02%	0.24%	0.02%
	BK	A	0.09%	0.11%	0.09%
	BKNG	A	0.04%	0.11%	0.04%
	BKR	A	0.04%	0.35%	0.04%
	BLDR	D	0.08%	0.19%	0.08%
	BLK	B	0.46%	0.08%	0.08%
	BMY	B	0.34%	0.25%	0.25%
	BR	A	0.03%	0.11%	0.03%
	BRK.A	B	1.1%	0.5%	0.5%
	BRO	B	0.01%	0.04%	0.01%
	BSX	A	0.04%	0.06%	0.04%
	BX	A	0.05%	0.08%	0.05%
	BXP	C	0.01%	0.11%	0.01%
	C	A	0.45%	0.13%	0.13%
	CAG	F	0.02%	0.21%	0.02%
	CAH	B	0.12%	0.19%	0.12%
	CARR	C	0.04%	0.08%	0.04%
	CAT	B	0.63%	0.14%	0.14%
	CB	C	0.65%	0.14%	0.14%
	CBOE	C	0.29%	0.04%	0.04%
	CBRE	B	0.05%	0.04%	0.04%
	CCI	C	0.03%	0.06%	0.03%
	CCL	A	0.01%	0.09%	0.01%
	CDNS	B	0.29%	0.33%	0.29%
	CDW	F	0.19%	0.13%	0.13%
	CE	F	0.01%	0.07%	0.01%
	CEG	C	0.03%	0.38%	0.03%
	CF	A	0.03%	0.09%	0.03%
	CFG	B	0.07%	0.06%	0.06%
	CHD	A	0.14%	0.42%	0.14%
	CHRW	B	0.02%	0.09%	0.02%
	CHTR	C	0.09%	0.47%	0.09%
	CI	D	0.24%	0.19%	0.19%
	CINF	A	0.03%	0.14%	0.03%
	CL	D	0.17%	0.41%	0.17%
	CLX	A	0.01%	0.41%	0.01%
	CMCSA	B	0.42%	0.52%	0.42%
	CME	B	0.23%	0.04%	0.04%
	CMG	B	0.22%	0.5%	0.22%
	CMI	A	0.17%	0.08%	0.08%
	CMS	C	0.09%	0.08%	0.08%
	CNC	D	0.08%	0.26%	0.08%
	CNP	A	0.02%	0.26%	0.02%
	COF	C	0.17%	0.7%	0.17%
	COP	C	0.17%	0.07%	0.07%
	COR	B	0.35%	0.18%	0.18%
	COST	A	1.31%	0.71%	0.71%
	CPAY	A	0.02%	0.04%	0.02%
	CPB	D	0.12%	0.2%	0.12%
	CPRT	B	0.14%	0.23%	0.14%
	CPT	B	0.01%	0.11%	0.01%
	CRL	D	0.01%	0.14%	0.01%
	CRM	B	0.12%	0.35%	0.12%
	CRWD	B	0.06%	0.18%	0.06%
	CSCO	B	1.34%	0.21%	0.21%
	CSGP	D	0.01%	0.04%	0.01%
	CSX	C	0.05%	0.08%	0.05%
	CTAS	B	0.23%	0.18%	0.18%
	CTLT	C	0.01%	0.25%	0.01%
	CTRA	B	0.03%	0.17%	0.03%
	CTSH	B	0.39%	0.13%	0.13%
	CTVA	C	0.16%	0.08%	0.08%
	CVS	D	0.29%	0.69%	0.29%
	CVX	A	0.55%	0.76%	0.55%
	D	C	0.14%	0.24%	0.14%
	DAL	B	0.01%	0.28%	0.01%
	DAY	B	0.0%	0.22%	0.0%
	DD	C	0.04%	0.05%	0.04%
	DE	B	0.1%	0.13%	0.1%
	DECK	A	0.09%	0.3%	0.09%
	DELL	B	0.06%	0.17%	0.06%
	DFS	B	0.07%	0.69%	0.07%
	DG	F	0.02%	0.17%	0.02%
	DGX	A	0.06%	0.16%	0.06%
	DHI	F	0.19%	0.24%	0.19%
	DHR	F	0.09%	0.1%	0.09%
	DIS	B	0.17%	0.21%	0.17%
	DLR	B	0.04%	0.26%	0.04%
	DLTR	F	0.02%	0.17%	0.02%
	DOC	C	0.01%	0.11%	0.01%
	DOV	A	0.02%	0.17%	0.02%
	DOW	F	0.06%	0.07%	0.06%
	DPZ	C	0.07%	0.52%	0.07%
	DRI	B	0.02%	0.51%	0.02%
	DTE	C	0.1%	0.25%	0.1%
	DUK	C	0.6%	0.07%	0.07%
	DVA	C	0.01%	0.11%	0.01%
	DVN	F	0.04%	0.16%	0.04%
	DXCM	C	0.0%	0.1%	0.0%
	EA	A	0.31%	0.49%	0.31%
	EBAY	D	0.02%	0.22%	0.02%
	ECL	D	0.02%	0.05%	0.02%
	ED	C	0.42%	0.24%	0.24%
	EFX	F	0.01%	0.04%	0.01%
	EG	C	0.18%	0.14%	0.14%
	EIX	B	0.04%	0.25%	0.04%
	EL	F	0.01%	0.5%	0.01%
	ELV	F	0.29%	0.24%	0.24%
	EMN	C	0.02%	0.05%	0.02%
	EMR	B	0.05%	0.03%	0.03%
	ENPH	F	0.02%	0.26%	0.02%
	EOG	A	0.15%	0.07%	0.07%
	EPAM	B	0.04%	0.13%	0.04%
	EQIX	A	0.02%	0.27%	0.02%
	EQR	C	0.02%	0.1%	0.02%
	EQT	B	0.03%	0.18%	0.03%
	ERIE	D	0.17%	0.2%	0.17%
	ES	C	0.03%	0.07%	0.03%
	ESS	B	0.01%	0.1%	0.01%
	ETN	A	0.05%	0.26%	0.05%
	ETR	B	0.05%	0.25%	0.05%
	EVRG	A	0.02%	0.08%	0.02%
	EW	C	0.12%	0.06%	0.06%
	EXC	C	0.06%	0.3%	0.06%
	EXPD	C	0.06%	0.09%	0.06%
	EXPE	B	0.02%	0.12%	0.02%
	EXR	C	0.02%	0.11%	0.02%
	F	C	0.16%	0.25%	0.16%
	FANG	C	0.22%	0.07%	0.07%
	FAST	B	0.15%	0.13%	0.13%
	FCX	F	0.04%	0.3%	0.04%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.12%	0.07%	0.07%
	FE	C	0.02%	0.24%	0.02%
	FFIV	B	0.23%	0.21%	0.21%
	FI	A	0.31%	0.06%	0.06%
	FICO	B	0.2%	0.05%	0.05%
	FIS	C	0.03%	0.05%	0.03%
	FITB	B	0.06%	0.06%	0.06%
	FOX	A	0.01%	0.1%	0.01%
	FOXA	A	0.02%	0.1%	0.02%
	FSLR	F	0.03%	0.2%	0.03%
	FTNT	C	0.01%	0.17%	0.01%
	FTV	C	0.02%	0.03%	0.02%
	GD	D	0.07%	0.16%	0.07%
	GDDY	A	0.34%	0.27%	0.27%
	GE	D	0.11%	0.17%	0.11%
	GEHC	D	0.03%	0.1%	0.03%
	GEN	B	0.13%	0.17%	0.13%
	GEV	B	0.05%	0.18%	0.05%
	GILD	C	0.43%	0.25%	0.25%
	GIS	D	0.25%	0.21%	0.21%
	GLW	B	0.14%	0.19%	0.14%
	GM	C	0.32%	0.25%	0.25%
	GOOG	C	1.12%	0.23%	0.23%
	GOOGL	C	1.2%	0.23%	0.23%
	GPC	D	0.02%	0.15%	0.02%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	B	0.2%	0.33%	0.2%
	GS	A	0.3%	0.25%	0.25%
	GWW	B	0.2%	0.12%	0.12%
	HAL	C	0.03%	0.34%	0.03%
	HBAN	A	0.06%	0.06%	0.06%
	HCA	F	0.06%	0.33%	0.06%
	HD	B	0.35%	0.26%	0.26%
	HES	B	0.02%	0.07%	0.02%
	HIG	B	0.09%	0.14%	0.09%
	HII	F	0.01%	0.08%	0.01%
	HLT	A	0.01%	0.12%	0.01%
	HOLX	D	0.07%	0.1%	0.07%
	HON	C	0.53%	0.17%	0.17%
	HPE	B	0.06%	0.19%	0.06%
	HPQ	B	0.07%	0.35%	0.07%
	HRL	D	0.08%	0.36%	0.08%
	HSIC	C	0.01%	0.2%	0.01%
	HST	C	0.01%	0.11%	0.01%
	HSY	F	0.18%	0.18%	0.18%
	HUBB	B	0.07%	0.26%	0.07%
	HUM	C	0.2%	0.26%	0.2%
	HWM	A	0.01%	0.08%	0.01%
	IBM	C	0.67%	0.34%	0.34%
	ICE	C	0.14%	0.04%	0.04%
	IDXX	F	0.12%	0.1%	0.1%
	IEX	C	0.05%	0.2%	0.05%
	IFF	D	0.02%	0.05%	0.02%
	INCY	C	0.2%	0.25%	0.2%
	INTC	C	0.18%	0.16%	0.16%
	INTU	B	0.04%	0.2%	0.04%
	INVH	D	0.01%	0.1%	0.01%
	IP	A	0.04%	0.06%	0.04%
	IPG	D	0.01%	0.34%	0.01%
	IQV	F	0.02%	0.14%	0.02%
	IR	B	0.02%	0.2%	0.02%
	IRM	C	0.01%	0.06%	0.01%
	ISRG	A	0.04%	0.12%	0.04%
	IT	C	0.13%	0.13%	0.13%
	ITW	B	0.27%	0.17%	0.17%
	J	D	0.02%	0.4%	0.02%
	JBHT	C	0.05%	0.08%	0.05%
	JBL	C	0.03%	0.38%	0.03%
	JCI	B	0.05%	0.08%	0.05%
	JKHY	D	0.04%	0.05%	0.04%
	JNJ	C	1.64%	0.24%	0.24%
	JNPR	D	0.17%	0.2%	0.17%
	JPM	A	1.06%	0.13%	0.13%
	K	A	0.29%	0.18%	0.18%
	KDP	F	0.23%	0.24%	0.23%
	KEY	B	0.04%	0.06%	0.04%
	KEYS	A	0.26%	0.21%	0.21%
	KHC	F	0.18%	0.21%	0.18%
	KIM	A	0.02%	0.06%	0.02%
	KKR	A	0.04%	0.09%	0.04%
	KLAC	F	0.29%	0.17%	0.17%
	KMB	C	0.1%	0.42%	0.1%
	KMI	A	0.07%	0.25%	0.07%
	KMX	B	0.03%	0.14%	0.03%
	KO	D	0.81%	0.25%	0.25%
	KR	B	0.31%	0.74%	0.31%
	KVUE	A	0.04%	0.42%	0.04%
	L	A	0.12%	0.49%	0.12%
	LDOS	C	0.02%	0.13%	0.02%
	LEN	D	0.06%	0.25%	0.06%
	LH	B	0.03%	0.16%	0.03%
	LHX	C	0.04%	0.08%	0.04%
	LIN	C	0.15%	0.04%	0.04%
	LKQ	F	0.02%	0.14%	0.02%
	LLY	F	1.92%	0.23%	0.23%
	LMT	D	0.72%	0.09%	0.09%
	LNT	A	0.05%	0.08%	0.05%
	LOW	C	0.13%	0.26%	0.13%
	LULU	C	0.12%	0.31%	0.12%
	LUV	C	0.01%	0.25%	0.01%
	LVS	B	0.01%	0.08%	0.01%
	LW	C	0.03%	0.22%	0.03%
	LYB	F	0.04%	0.07%	0.04%
	LYV	A	0.01%	0.09%	0.01%
	MA	B	1.69%	0.04%	0.04%
	MAA	B	0.01%	0.1%	0.01%
	MAR	A	0.02%	0.12%	0.02%
	MAS	D	0.01%	0.19%	0.01%
	MCD	D	0.5%	0.5%	0.5%
	MCHP	F	0.1%	0.14%	0.1%
	MCK	A	0.61%	0.18%	0.18%
	MCO	B	0.21%	0.04%	0.04%
	MDLZ	F	0.22%	0.18%	0.18%
	MDT	D	0.15%	0.06%	0.06%
	MET	A	0.09%	0.21%	0.09%
	META	D	2.32%	0.47%	0.47%
	MGM	D	0.01%	0.07%	0.01%
	MKC	C	0.01%	0.21%	0.01%
	MKTX	D	0.03%	0.04%	0.03%
	MLM	C	0.02%	0.17%	0.02%
	MMC	B	0.69%	0.04%	0.04%
	MMM	D	0.28%	0.17%	0.17%
	MNST	C	0.12%	0.25%	0.12%
	MO	A	0.07%	0.35%	0.07%
	MOH	F	0.13%	0.25%	0.13%
	MOS	F	0.03%	0.08%	0.03%
	MPC	D	0.32%	0.49%	0.32%
	MPWR	F	0.07%	0.22%	0.07%
	MRK	D	0.46%	0.24%	0.24%
	MRNA	F	0.01%	0.24%	0.01%
	MRO	B	0.04%	0.07%	0.04%
	MS	A	0.21%	0.26%	0.21%
	MSCI	C	0.01%	0.04%	0.01%
	MSFT	D	2.7%	0.32%	0.32%
	MSI	B	0.63%	0.49%	0.49%
	MTB	A	0.08%	0.06%	0.06%
	MTCH	D	0.01%	0.47%	0.01%
	MTD	F	0.01%	0.15%	0.01%
	MU	D	0.07%	0.15%	0.07%
	NDAQ	A	0.02%	0.04%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	C	0.1%	0.24%	0.1%
	NEM	D	0.18%	0.25%	0.18%
	NFLX	A	0.14%	0.22%	0.14%
	NI	A	0.02%	0.33%	0.02%
	NKE	F	0.28%	0.33%	0.28%
	NOC	D	0.55%	0.09%	0.09%
	NOW	A	0.27%	0.22%	0.22%
	NRG	B	0.03%	0.33%	0.03%
	NSC	B	0.05%	0.08%	0.05%
	NTAP	C	0.16%	0.17%	0.16%
	NTRS	A	0.03%	0.08%	0.03%
	NUE	C	0.07%	0.26%	0.07%
	NVDA	B	2.76%	0.13%	0.13%
	NVR	D	0.11%	0.26%	0.11%
	NWSA	A	0.01%	0.1%	0.01%
	NXPI	D	0.03%	0.23%	0.03%
	O	C	0.04%	0.07%	0.04%
	ODFL	C	0.13%	0.08%	0.08%
	OKE	A	0.05%	0.24%	0.05%
	OMC	C	0.07%	0.34%	0.07%
	ON	D	0.02%	0.23%	0.02%
	ORCL	A	0.53%	0.34%	0.34%
	ORLY	B	0.26%	0.14%	0.14%
	OTIS	C	0.04%	0.08%	0.04%
	OXY	D	0.1%	0.07%	0.07%
	PANW	B	0.32%	0.16%	0.16%
	PARA	C	0.03%	0.2%	0.03%
	PAYC	B	0.03%	0.22%	0.03%
	PAYX	B	0.16%	0.21%	0.16%
	PCAR	B	0.06%	0.13%	0.06%
	PCG	A	0.06%	0.08%	0.06%
	PEG	A	0.04%	0.26%	0.04%
	PEP	F	1.01%	0.18%	0.18%
	PFE	F	0.33%	0.24%	0.24%
	PFG	D	0.03%	0.21%	0.03%
	PG	C	0.59%	0.42%	0.42%
	PGR	A	0.65%	0.19%	0.19%
	PH	A	0.04%	0.08%	0.04%
	PHM	D	0.11%	0.25%	0.11%
	PKG	A	0.09%	0.06%	0.06%
	PLD	F	0.08%	0.06%	0.06%
	PLTR	B	0.01%	0.23%	0.01%
	PM	B	0.11%	0.35%	0.11%
	PNC	B	0.17%	0.06%	0.06%
	PNR	A	0.01%	0.19%	0.01%
	PODD	C	0.0%	0.1%	0.0%
	POOL	C	0.04%	0.13%	0.04%
	PPG	F	0.02%	0.07%	0.02%
	PPL	A	0.03%	0.08%	0.03%
	PRU	A	0.08%	0.2%	0.08%
	PSA	C	0.14%	0.11%	0.11%
	PSX	C	0.14%	0.51%	0.14%
	PTC	B	0.18%	0.17%	0.17%
	PWR	A	0.02%	0.4%	0.02%
	PYPL	B	0.08%	0.06%	0.06%
	QCOM	F	0.55%	0.22%	0.22%
	QRVO	F	0.01%	0.21%	0.01%
	RCL	A	0.01%	0.09%	0.01%
	REG	A	0.01%	0.06%	0.01%
	REGN	F	0.25%	0.22%	0.22%
	RF	A	0.06%	0.06%	0.06%
	RJF	A	0.03%	0.25%	0.03%
	RMD	C	0.09%	0.09%	0.09%
	ROK	C	0.1%	0.03%	0.03%
	ROL	B	0.17%	0.18%	0.17%
	ROP	B	0.46%	0.03%	0.03%
	ROST	D	0.03%	0.72%	0.03%
	RSG	A	0.54%	0.18%	0.18%
	RTX	D	0.18%	0.08%	0.08%
	RVTY	F	0.01%	0.1%	0.01%
	SBAC	D	0.01%	0.06%	0.01%
	SBUX	A	0.06%	0.48%	0.06%
	SCHW	B	0.07%	0.25%	0.07%
	SHW	B	0.26%	0.06%	0.06%
	SJM	D	0.02%	0.21%	0.02%
	SLB	C	0.05%	0.35%	0.05%
	SMCI	F	0.03%	0.15%	0.03%
	SNA	A	0.06%	0.25%	0.06%
	SNPS	B	0.28%	0.34%	0.28%
	SO	C	0.54%	0.08%	0.08%
	SOLV	D	0.06%	0.05%	0.05%
	SPG	A	0.03%	0.07%	0.03%
	SPGI	C	0.07%	0.04%	0.04%
	SRE	A	0.06%	0.08%	0.06%
	STE	D	0.01%	0.12%	0.01%
	STLD	B	0.04%	0.27%	0.04%
	STT	B	0.06%	0.12%	0.06%
	STX	C	0.07%	0.17%	0.07%
	STZ	D	0.02%	0.25%	0.02%
	SW	A	0.03%	0.07%	0.03%
	SWK	D	0.02%	0.27%	0.02%
	SWKS	F	0.05%	0.21%	0.05%
	SYF	B	0.06%	0.69%	0.06%
	SYK	B	0.05%	0.12%	0.05%
	SYY	D	0.05%	0.75%	0.05%
	T	A	0.69%	0.33%	0.33%
	TAP	C	0.02%	0.25%	0.02%
	TDG	D	0.01%	0.08%	0.01%
	TDY	B	0.21%	0.03%	0.03%
	TECH	F	0.0%	0.15%	0.0%
	TER	F	0.04%	0.17%	0.04%
	TFC	A	0.16%	0.06%	0.06%
	TFX	F	0.01%	0.05%	0.01%
	TGT	F	0.1%	0.17%	0.1%
	TJX	A	0.56%	0.72%	0.56%
	TMO	F	0.1%	0.14%	0.1%
	TMUS	B	0.78%	0.33%	0.33%
	TRGP	A	0.03%	0.24%	0.03%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.09%	0.09%	0.09%
	TRV	B	0.47%	0.14%	0.14%
	TSCO	D	0.09%	0.12%	0.09%
	TSLA	B	0.28%	0.28%	0.28%
	TSN	B	0.3%	0.36%	0.3%
	TT	A	0.26%	0.07%	0.07%
	TTWO	A	0.01%	0.49%	0.01%
	TXN	C	1.06%	0.23%	0.23%
	TXT	D	0.02%	0.16%	0.02%
	TYL	B	0.01%	0.22%	0.01%
	UBER	F	0.18%	0.11%	0.11%
	UDR	B	0.01%	0.1%	0.01%
	UHS	D	0.02%	0.32%	0.02%
	ULTA	F	0.08%	0.17%	0.08%
	UNH	B	2.21%	0.26%	0.26%
	UNP	C	0.08%	0.08%	0.08%
	UPS	C	0.11%	0.09%	0.09%
	URI	C	0.04%	0.14%	0.04%
	USB	A	0.16%	0.06%	0.06%
	V	A	1.91%	0.04%	0.04%
	VICI	C	0.04%	0.06%	0.04%
	VLO	C	0.15%	0.5%	0.15%
	VLTO	C	0.08%	0.03%	0.03%
	VMC	B	0.02%	0.17%	0.02%
	VRSK	A	0.15%	0.04%	0.04%
	VRSN	C	0.22%	0.27%	0.22%
	VRTX	D	0.57%	0.23%	0.23%
	VST	A	0.02%	0.41%	0.02%
	VTR	B	0.02%	0.11%	0.02%
	VTRS	A	0.05%	0.24%	0.05%
	VZ	C	0.81%	0.33%	0.33%
	WAB	B	0.02%	0.13%	0.02%
	WAT	C	0.07%	0.15%	0.07%
	WBA	F	0.06%	0.64%	0.06%
	WBD	B	0.11%	0.19%	0.11%
	WDC	D	0.02%	0.17%	0.02%
	WEC	A	0.29%	0.07%	0.07%
	WELL	A	0.04%	0.11%	0.04%
	WFC	A	0.5%	0.13%	0.13%
	WM	B	0.52%	0.18%	0.18%
	WMB	A	0.15%	0.25%	0.15%
	WMT	A	0.94%	0.73%	0.73%
	WRB	A	0.12%	0.14%	0.12%
	WST	C	0.06%	0.05%	0.05%
	WTW	B	0.16%	0.03%	0.03%
	WY	F	0.03%	0.17%	0.03%
	WYNN	C	0.0%	0.08%	0.0%
	XEL	A	0.2%	0.08%	0.08%
	XOM	B	0.81%	0.77%	0.77%
	XYL	D	0.01%	0.19%	0.01%
	YUM	D	0.19%	0.51%	0.19%
	ZBH	C	0.02%	0.12%	0.02%
	ZBRA	B	0.01%	0.13%	0.01%
	ZTS	D	0.25%	0.25%	0.25%

QUS Overweight 99 Positions Relative to SSPY

	Symbol	Grade	Weight
	WCN	A	0.53%
	FCNCA	A	0.34%
	LRCX	F	0.3%
	BAH	F	0.2%
	MKL	A	0.15%
	AFG	A	0.15%
	WDAY	B	0.15%
	NBIX	C	0.11%
	UTHR	C	0.1%
	TPL	A	0.09%
	EME	A	0.08%
	BMRN	F	0.08%
	HUBS	A	0.08%
	VEEV	C	0.08%
	MANH	D	0.07%
	TW	A	0.07%
	MELI	C	0.07%
	ALNY	D	0.07%
	LPLA	A	0.07%
	WSO	A	0.06%
	WSM	C	0.06%
	GGG	B	0.05%
	LNG	A	0.05%
	KNX	C	0.04%
	CNH	C	0.03%
	ALLY	C	0.03%
	RS	B	0.03%
	TTC	C	0.03%
	ACI	C	0.03%
	APO	B	0.03%
	SQ	A	0.03%
	SEIC	B	0.03%
	OVV	B	0.03%
	APP	B	0.02%
	SSNC	B	0.02%
	CCK	D	0.02%
	EQH	C	0.02%
	MRVL	B	0.02%
	OC	A	0.02%
	FNF	B	0.02%
	CRBG	B	0.02%
	DINO	D	0.02%
	TTD	B	0.01%
	HOOD	B	0.01%
	ENTG	D	0.01%
	RIVN	F	0.01%
	BIO	C	0.01%
	Z	A	0.01%
	LII	A	0.01%
	VRT	B	0.01%
	ILMN	C	0.01%
	ARES	A	0.01%
	UHAL	D	0.01%
	AMH	C	0.01%
	WLK	D	0.01%
	RPRX	D	0.01%
	DASH	B	0.01%
	GLPI	C	0.01%
	WTRG	B	0.01%
	FBIN	D	0.01%
	TRU	D	0.01%
	CSL	C	0.01%
	AVTR	F	0.01%
	RPM	A	0.01%
	SUI	C	0.01%
	WPC	C	0.01%
	TWLO	A	0.01%
	BURL	B	0.01%
	ACM	B	0.01%
	COIN	C	0.01%
	CHRD	D	0.01%
	DKS	D	0.01%
	CG	B	0.01%
	ZM	C	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%
	PSTG	D	0.0%
	DDOG	A	0.0%
	SNAP	D	0.0%
	H	B	0.0%
	DT	D	0.0%
	DOCU	B	0.0%
	EXAS	D	0.0%
	HEI	A	0.0%
	ROKU	D	0.0%
	SNOW	B	0.0%
	PINS	F	0.0%
	MSTR	B	0.0%
	ELS	C	0.0%
	HEI	A	0.0%
	OKTA	C	0.0%

QUS Underweight 16 Positions Relative to SSPY

	Symbol	Grade	Weight
	BWA	D	-0.42%
	TPR	B	-0.33%
	RL	C	-0.32%
	UAL	A	-0.28%
	HAS	D	-0.26%
	GL	C	-0.2%
	MHK	D	-0.19%
	TEL	B	-0.19%
	NWS	A	-0.1%
	FMC	D	-0.09%
	NCLH	B	-0.09%
	IVZ	B	-0.09%
	GNRC	C	-0.08%
	CZR	F	-0.07%
	PNW	A	-0.07%
	FRT	B	-0.06%

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

SSPY: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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