QWLD vs. CFA ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.79

Average Daily Volume

4,451

Number of Holdings ^*

605

* may have additional holdings in another (foreign) market

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$86.15

Average Daily Volume

10,309

Number of Holdings ^*

491

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	CFA
30 Days	0.48%	2.04%
60 Days	5.52%	5.78%
90 Days	6.76%	9.10%
12 Months	29.25%	28.25%

455 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in CFA	Overlap
A	C	0.07%	0.18%	0.07%
AAPL	B	2.55%	0.2%	0.2%
ABBV	B	0.15%	0.24%	0.15%
ABBV	B	0.4%	0.24%	0.24%
ABNB	D	0.01%	0.16%	0.01%
ABT	C	0.09%	0.27%	0.09%
ACGL	C	0.28%	0.24%	0.24%
ACM	B	0.01%	0.23%	0.01%
ACN	C	0.62%	0.2%	0.2%
ADBE	F	0.44%	0.12%	0.12%
ADI	C	0.04%	0.15%	0.04%
ADM	D	0.05%	0.13%	0.05%
ADP	B	0.24%	0.33%	0.24%
ADSK	B	0.09%	0.18%	0.09%
AEE	A	0.08%	0.25%	0.08%
AEP	B	0.07%	0.26%	0.07%
AES	C	0.01%	0.15%	0.01%
AFG	C	0.02%	0.27%	0.02%
AFL	A	0.12%	0.23%	0.12%
AIG	D	0.07%	0.23%	0.07%
AJG	D	0.18%	0.25%	0.18%
AKAM	D	0.13%	0.18%	0.13%
ALGN	D	0.01%	0.13%	0.01%
ALL	C	0.07%	0.24%	0.07%
ALLE	A	0.02%	0.22%	0.02%
ALLY	F	0.01%	0.12%	0.01%
AMAT	C	0.33%	0.11%	0.11%
AMD	C	0.04%	0.1%	0.04%
AME	C	0.01%	0.23%	0.01%
AMGN	D	0.19%	0.19%	0.19%
AMP	A	0.08%	0.27%	0.08%
AMZN	C	0.35%	0.19%	0.19%
ANET	B	0.19%	0.13%	0.13%
AON	C	0.15%	0.22%	0.15%
AOS	B	0.02%	0.21%	0.02%
APD	B	0.03%	0.17%	0.03%
APH	C	0.4%	0.19%	0.19%
APO	B	0.01%	0.17%	0.01%
APP	B	0.0%	0.11%	0.0%
APTV	D	0.02%	0.13%	0.02%
ARES	C	0.0%	0.19%	0.0%
ATO	A	0.01%	0.34%	0.01%
AVGO	C	0.12%	0.11%	0.11%
AVTR	C	0.01%	0.15%	0.01%
AVY	C	0.03%	0.28%	0.03%
AWK	C	0.01%	0.24%	0.01%
AXON	A	0.0%	0.15%	0.0%
AXP	A	0.06%	0.22%	0.06%
AZO	D	0.27%	0.22%	0.22%
BAC	C	0.33%	0.21%	0.21%
BAH	A	0.16%	0.18%	0.16%
BBY	A	0.06%	0.13%	0.06%
BDX	C	0.07%	0.26%	0.07%
BG	F	0.03%	0.19%	0.03%
BIIB	F	0.02%	0.17%	0.02%
BK	B	0.05%	0.29%	0.05%
BKNG	B	0.02%	0.19%	0.02%
BKR	C	0.02%	0.2%	0.02%
BLDR	C	0.05%	0.12%	0.05%
BLK	A	0.22%	0.27%	0.22%
BMRN	F	0.07%	0.14%	0.07%
BR	C	0.04%	0.25%	0.04%
BRK.A	C	0.7%	0.35%	0.35%
BRO	B	0.13%	0.25%	0.13%
BSX	B	0.02%	0.29%	0.02%
BSY	C	0.01%	0.15%	0.01%
BURL	C	0.01%	0.13%	0.01%
BX	C	0.02%	0.18%	0.02%
C	C	0.22%	0.2%	0.2%
CAG	B	0.05%	0.23%	0.05%
CAH	C	0.12%	0.22%	0.12%
CARR	B	0.02%	0.18%	0.02%
CAT	B	0.35%	0.2%	0.2%
CB	B	0.4%	0.29%	0.29%
CBOE	C	0.25%	0.24%	0.24%
CBRE	A	0.03%	0.18%	0.03%
CDNS	D	0.12%	0.15%	0.12%
CDW	D	0.09%	0.2%	0.09%
CE	D	0.01%	0.18%	0.01%
CEG	C	0.02%	0.14%	0.02%
CF	B	0.12%	0.18%	0.12%
CFG	D	0.03%	0.15%	0.03%
CHD	C	0.18%	0.31%	0.18%
CHRW	A	0.01%	0.15%	0.01%
CHTR	D	0.05%	0.11%	0.05%
CI	D	0.19%	0.25%	0.19%
CINF	B	0.02%	0.23%	0.02%
CL	C	0.22%	0.33%	0.22%
CLX	C	0.01%	0.23%	0.01%
CMCSA	C	0.16%	0.23%	0.16%
CME	A	0.15%	0.28%	0.15%
CMG	D	0.13%	0.17%	0.13%
CMI	B	0.08%	0.2%	0.08%
CMS	A	0.05%	0.29%	0.05%
CNC	D	0.06%	0.18%	0.06%
CNP	C	0.01%	0.24%	0.01%
COF	B	0.08%	0.2%	0.08%
COIN	F	0.0%	0.06%	0.0%
COP	F	0.1%	0.24%	0.1%
COST	C	0.76%	0.24%	0.24%
CPAY	B	0.01%	0.18%	0.01%
CPB	D	0.1%	0.24%	0.1%
CPRT	D	0.07%	0.25%	0.07%
CRBG	C	0.01%	0.16%	0.01%
CRM	C	0.05%	0.14%	0.05%
CRWD	D	0.0%	0.11%	0.0%
CSCO	A	0.92%	0.27%	0.27%
CSGP	F	0.0%	0.17%	0.0%
CSL	A	0.03%	0.19%	0.03%
CSX	D	0.11%	0.28%	0.11%
CTAS	B	0.13%	0.26%	0.13%
CTRA	F	0.02%	0.21%	0.02%
CTSH	B	0.2%	0.24%	0.2%
CTVA	A	0.04%	0.16%	0.04%
CVS	D	0.17%	0.15%	0.15%
CVX	D	0.29%	0.26%	0.26%
D	B	0.06%	0.21%	0.06%
DAL	C	0.01%	0.17%	0.01%
DD	B	0.02%	0.18%	0.02%
DDOG	D	0.0%	0.13%	0.0%
DE	A	0.06%	0.22%	0.06%
DECK	C	0.04%	0.12%	0.04%
DELL	D	0.01%	0.08%	0.01%
DG	F	0.01%	0.1%	0.01%
DGX	B	0.1%	0.23%	0.1%
DHI	C	0.12%	0.14%	0.12%
DHR	B	0.06%	0.22%	0.06%
DIS	D	0.08%	0.18%	0.08%
DKS	D	0.03%	0.11%	0.03%
DOCU	C	0.0%	0.13%	0.0%
DOV	B	0.04%	0.24%	0.04%
DOW	C	0.04%	0.25%	0.04%
DPZ	D	0.06%	0.17%	0.06%
DRI	C	0.03%	0.25%	0.03%
DT	C	0.0%	0.16%	0.0%
DTE	A	0.02%	0.26%	0.02%
DUK	C	0.37%	0.32%	0.32%
DVA	B	0.01%	0.19%	0.01%
DVN	F	0.03%	0.19%	0.03%
DXCM	F	0.0%	0.08%	0.0%
EA	D	0.17%	0.26%	0.17%
EBAY	A	0.01%	0.21%	0.01%
ECL	A	0.01%	0.24%	0.01%
ED	B	0.37%	0.29%	0.29%
EFX	C	0.01%	0.16%	0.01%
EG	C	0.06%	0.2%	0.06%
EIX	B	0.03%	0.26%	0.03%
EL	D	0.01%	0.12%	0.01%
ELV	D	0.27%	0.24%	0.24%
EME	B	0.04%	0.18%	0.04%
EMN	B	0.01%	0.23%	0.01%
EMR	C	0.02%	0.19%	0.02%
ENPH	D	0.03%	0.07%	0.03%
ENTG	D	0.0%	0.11%	0.0%
EOG	D	0.05%	0.23%	0.05%
EPAM	F	0.02%	0.11%	0.02%
EQH	C	0.01%	0.21%	0.01%
EQT	C	0.01%	0.16%	0.01%
ERIE	B	0.16%	0.2%	0.16%
ETN	B	0.03%	0.18%	0.03%
ETR	A	0.02%	0.28%	0.02%
EVRG	B	0.01%	0.29%	0.01%
EW	F	0.07%	0.1%	0.07%
EXC	A	0.03%	0.23%	0.03%
EXPD	A	0.04%	0.24%	0.04%
EXPE	C	0.01%	0.12%	0.01%
F	F	0.09%	0.12%	0.09%
FANG	F	0.09%	0.18%	0.09%
FAST	C	0.08%	0.24%	0.08%
FCNCA	D	0.1%	0.16%	0.1%
FCX	C	0.03%	0.14%	0.03%
FDS	C	0.03%	0.24%	0.03%
FDX	D	0.06%	0.14%	0.06%
FE	B	0.01%	0.29%	0.01%
FFIV	B	0.15%	0.2%	0.15%
FICO	B	0.04%	0.17%	0.04%
FIS	C	0.02%	0.22%	0.02%
FITB	B	0.03%	0.18%	0.03%
FNF	A	0.01%	0.21%	0.01%
FOXA	A	0.01%	0.23%	0.01%
FSLR	C	0.01%	0.1%	0.01%
FTNT	A	0.01%	0.12%	0.01%
FTV	C	0.01%	0.23%	0.01%
GD	C	0.19%	0.32%	0.19%
GDDY	C	0.21%	0.22%	0.21%
GE	B	0.33%	0.18%	0.18%
GEHC	A	0.02%	0.17%	0.02%
GEV	B	0.02%	0.12%	0.02%
GGG	C	0.03%	0.27%	0.03%
GILD	B	0.23%	0.2%	0.2%
GIS	C	0.38%	0.25%	0.25%
GLW	B	0.02%	0.18%	0.02%
GM	D	0.15%	0.16%	0.15%
GOOGL	D	0.99%	0.18%	0.18%
GPC	D	0.06%	0.2%	0.06%
GPN	D	0.02%	0.17%	0.02%
GRMN	D	0.04%	0.18%	0.04%
GS	B	0.14%	0.21%	0.14%
GWW	B	0.1%	0.25%	0.1%
H	C	0.0%	0.19%	0.0%
HAL	F	0.02%	0.18%	0.02%
HBAN	B	0.03%	0.18%	0.03%
HCA	A	0.04%	0.21%	0.04%
HD	A	0.14%	0.25%	0.14%
HEI	C	0.0%	0.24%	0.0%
HEI	C	0.0%	0.24%	0.0%
HIG	A	0.03%	0.26%	0.03%
HII	D	0.01%	0.2%	0.01%
HLT	B	0.01%	0.27%	0.01%
HOLX	B	0.01%	0.31%	0.01%
HON	C	0.23%	0.31%	0.23%
HOOD	C	0.0%	0.1%	0.0%
HPE	C	0.03%	0.13%	0.03%
HPQ	C	0.04%	0.15%	0.04%
HRL	F	0.1%	0.17%	0.1%
HSY	D	0.18%	0.23%	0.18%
HUBB	B	0.04%	0.17%	0.04%
HUM	F	0.17%	0.12%	0.12%
HWM	A	0.01%	0.14%	0.01%
IBM	B	0.49%	0.23%	0.23%
ICE	B	0.03%	0.31%	0.03%
IDXX	D	0.09%	0.19%	0.09%
IEX	C	0.02%	0.26%	0.02%
INCY	C	0.12%	0.19%	0.12%
INTC	D	0.09%	0.09%	0.09%
INTU	D	0.24%	0.18%	0.18%
IP	C	0.02%	0.16%	0.02%
IPG	C	0.02%	0.22%	0.02%
IQV	D	0.01%	0.15%	0.01%
IR	B	0.01%	0.2%	0.01%
ISRG	B	0.23%	0.18%	0.18%
IT	C	0.03%	0.21%	0.03%
ITW	B	0.13%	0.32%	0.13%
J	D	0.01%	0.25%	0.01%
JBHT	D	0.03%	0.18%	0.03%
JBL	D	0.01%	0.12%	0.01%
JCI	A	0.03%	0.19%	0.03%
JKHY	A	0.06%	0.27%	0.06%
JNJ	C	1.15%	0.3%	0.3%
JPM	D	0.52%	0.24%	0.24%
KDP	B	0.16%	0.3%	0.16%
KEY	B	0.02%	0.14%	0.02%
KEYS	B	0.17%	0.15%	0.15%
KHC	C	0.22%	0.23%	0.22%
KKR	C	0.02%	0.16%	0.02%
KLAC	D	0.18%	0.11%	0.11%
KMB	C	0.12%	0.25%	0.12%
KMI	B	0.03%	0.3%	0.03%
KMX	D	0.01%	0.12%	0.01%
KO	B	0.64%	0.39%	0.39%
KR	A	0.3%	0.24%	0.24%
KVUE	B	0.08%	0.18%	0.08%
L	D	0.16%	0.31%	0.16%
LDOS	A	0.01%	0.27%	0.01%
LEN	B	0.09%	0.16%	0.09%
LHX	B	0.02%	0.28%	0.02%
LII	C	0.0%	0.18%	0.0%
LIN	B	0.06%	0.32%	0.06%
LLY	D	1.39%	0.15%	0.15%
LMT	A	0.45%	0.34%	0.34%
LNG	D	0.05%	0.27%	0.05%
LNT	A	0.03%	0.28%	0.03%
LOW	A	0.07%	0.22%	0.07%
LPLA	D	0.03%	0.15%	0.03%
LRCX	D	0.2%	0.11%	0.11%
LUV	C	0.0%	0.13%	0.0%
LVS	C	0.0%	0.19%	0.0%
LYB	D	0.03%	0.25%	0.03%
LYV	A	0.0%	0.18%	0.0%
MA	B	0.67%	0.31%	0.31%
MANH	B	0.04%	0.16%	0.04%
MAR	C	0.01%	0.24%	0.01%
MAS	A	0.01%	0.19%	0.01%
MCD	A	0.42%	0.28%	0.28%
MCHP	D	0.07%	0.12%	0.07%
MCK	F	0.47%	0.2%	0.2%
MCO	C	0.13%	0.24%	0.13%
MDLZ	C	0.16%	0.29%	0.16%
MDT	A	0.06%	0.27%	0.06%
MET	A	0.05%	0.26%	0.05%
META	B	2.11%	0.13%	0.13%
MGM	D	0.01%	0.14%	0.01%
MKC	C	0.01%	0.21%	0.01%
MKL	C	0.12%	0.24%	0.12%
MLM	D	0.01%	0.22%	0.01%
MMC	D	0.51%	0.31%	0.31%
MMM	B	0.14%	0.13%	0.13%
MNST	D	0.06%	0.24%	0.06%
MO	C	0.04%	0.25%	0.04%
MOH	D	0.07%	0.16%	0.07%
MPC	F	0.18%	0.16%	0.16%
MPWR	B	0.06%	0.09%	0.06%
MRK	F	0.5%	0.22%	0.22%
MS	B	0.09%	0.21%	0.09%
MSCI	C	0.0%	0.15%	0.0%
MSFT	C	2.36%	0.26%	0.26%
MSI	A	0.58%	0.29%	0.29%
MTB	B	0.04%	0.19%	0.04%
NBIX	F	0.11%	0.13%	0.11%
NDAQ	C	0.01%	0.25%	0.01%
NDSN	C	0.02%	0.21%	0.02%
NEE	B	0.06%	0.19%	0.06%
NFLX	B	0.46%	0.17%	0.17%
NI	A	0.01%	0.3%	0.01%
NKE	D	0.19%	0.14%	0.14%
NOC	B	0.34%	0.26%	0.26%
NOW	C	0.01%	0.15%	0.01%
NRG	B	0.01%	0.15%	0.01%
NSC	C	0.03%	0.18%	0.03%
NTAP	D	0.04%	0.15%	0.04%
NTRS	C	0.01%	0.21%	0.01%
NUE	D	0.04%	0.18%	0.04%
NVDA	C	2.04%	0.09%	0.09%
NVR	A	0.07%	0.21%	0.07%
NWSA	D	0.01%	0.21%	0.01%
NXPI	F	0.02%	0.12%	0.02%
OC	C	0.03%	0.17%	0.03%
ODFL	C	0.07%	0.16%	0.07%
OKE	C	0.03%	0.28%	0.03%
OMC	A	0.04%	0.24%	0.04%
ON	D	0.01%	0.09%	0.01%
ORCL	B	0.23%	0.19%	0.19%
ORLY	B	0.22%	0.24%	0.22%
OTIS	B	0.01%	0.28%	0.01%
OVV	F	0.02%	0.17%	0.02%
OXY	F	0.04%	0.22%	0.04%
PANW	C	0.16%	0.1%	0.1%
PAYX	B	0.09%	0.26%	0.09%
PCAR	D	0.1%	0.2%	0.1%
PCG	C	0.03%	0.26%	0.03%
PEG	A	0.02%	0.31%	0.02%
PEP	D	0.83%	0.29%	0.29%
PFG	B	0.02%	0.26%	0.02%
PG	C	0.96%	0.32%	0.32%
PGR	C	0.34%	0.24%	0.24%
PH	B	0.02%	0.19%	0.02%
PHM	B	0.07%	0.17%	0.07%
PINS	D	0.0%	0.11%	0.0%
PKG	B	0.03%	0.27%	0.03%
PLTR	B	0.0%	0.1%	0.0%
PM	C	0.06%	0.29%	0.06%
PNC	B	0.08%	0.2%	0.08%
PODD	C	0.0%	0.14%	0.0%
POOL	C	0.03%	0.16%	0.03%
PPG	D	0.01%	0.27%	0.01%
PPL	A	0.01%	0.31%	0.01%
PRU	C	0.04%	0.22%	0.04%
PSTG	F	0.0%	0.09%	0.0%
PSX	F	0.14%	0.18%	0.14%
PTC	C	0.07%	0.23%	0.07%
PWR	B	0.01%	0.16%	0.01%
PYPL	B	0.04%	0.15%	0.04%
QCOM	D	0.33%	0.12%	0.12%
RCL	B	0.0%	0.15%	0.0%
REGN	D	0.44%	0.26%	0.26%
RF	A	0.03%	0.18%	0.03%
RJF	C	0.01%	0.24%	0.01%
RMD	C	0.05%	0.12%	0.05%
ROK	D	0.05%	0.14%	0.05%
ROL	B	0.08%	0.23%	0.08%
ROP	C	0.49%	0.27%	0.27%
ROST	C	0.02%	0.24%	0.02%
RPM	C	0.01%	0.24%	0.01%
RS	D	0.01%	0.18%	0.01%
RSG	D	0.44%	0.34%	0.34%
RTX	B	0.09%	0.27%	0.09%
SBUX	C	0.03%	0.12%	0.03%
SCHW	D	0.03%	0.18%	0.03%
SHW	B	0.14%	0.24%	0.14%
SJM	C	0.08%	0.22%	0.08%
SLB	F	0.03%	0.18%	0.03%
SMCI	F	0.04%	0.05%	0.04%
SNA	B	0.03%	0.21%	0.03%
SNPS	F	0.12%	0.14%	0.12%
SO	A	0.47%	0.29%	0.29%
SOLV	D	0.03%	0.14%	0.03%
SPGI	C	0.04%	0.31%	0.04%
SQ	D	0.01%	0.1%	0.01%
SRE	A	0.03%	0.28%	0.03%
SSNC	C	0.01%	0.27%	0.01%
STE	B	0.01%	0.22%	0.01%
STLD	C	0.02%	0.18%	0.02%
STT	B	0.03%	0.23%	0.03%
STX	B	0.01%	0.16%	0.01%
STZ	C	0.01%	0.27%	0.01%
SWKS	F	0.03%	0.12%	0.03%
SYF	C	0.03%	0.16%	0.03%
SYK	C	0.03%	0.26%	0.03%
SYY	C	0.03%	0.24%	0.03%
T	B	0.36%	0.27%	0.27%
TAP	D	0.01%	0.21%	0.01%
TDG	A	0.01%	0.23%	0.01%
TDY	B	0.05%	0.21%	0.05%
TECH	C	0.0%	0.14%	0.0%
TEL	C	0.08%	0.23%	0.08%
TER	C	0.03%	0.1%	0.03%
TFX	C	0.01%	0.18%	0.01%
TGT	C	0.15%	0.15%	0.15%
TJX	C	0.34%	0.27%	0.27%
TMO	B	0.07%	0.23%	0.07%
TMUS	B	0.64%	0.37%	0.37%
TPL	C	0.04%	0.13%	0.04%
TRGP	C	0.03%	0.26%	0.03%
TRMB	C	0.01%	0.2%	0.01%
TROW	D	0.05%	0.21%	0.05%
TRV	C	0.27%	0.24%	0.24%
TSCO	A	0.05%	0.21%	0.05%
TSLA	B	0.12%	0.1%	0.1%
TT	A	0.14%	0.22%	0.14%
TTD	B	0.0%	0.11%	0.0%
TW	B	0.0%	0.23%	0.0%
TXN	B	0.48%	0.18%	0.18%
TXT	D	0.01%	0.2%	0.01%
TYL	B	0.0%	0.2%	0.0%
UBER	C	0.01%	0.13%	0.01%
UHAL	B	0.01%	0.17%	0.01%
UHS	C	0.01%	0.19%	0.01%
ULTA	D	0.07%	0.16%	0.07%
UNH	B	1.29%	0.19%	0.19%
UNP	C	0.27%	0.27%	0.27%
UPS	D	0.06%	0.17%	0.06%
URI	B	0.02%	0.14%	0.02%
USB	B	0.08%	0.18%	0.08%
UTHR	B	0.14%	0.16%	0.14%
V	C	1.11%	0.33%	0.33%
VEEV	D	0.04%	0.16%	0.04%
VLO	F	0.07%	0.15%	0.07%
VLTO	B	0.05%	0.22%	0.05%
VMC	C	0.01%	0.22%	0.01%
VRSK	D	0.0%	0.23%	0.0%
VRSN	C	0.14%	0.27%	0.14%
VRT	C	0.0%	0.1%	0.0%
VST	B	0.01%	0.13%	0.01%
VZ	B	0.6%	0.25%	0.25%
WAB	B	0.01%	0.25%	0.01%
WAT	B	0.04%	0.16%	0.04%
WDAY	D	0.04%	0.14%	0.04%
WEC	A	0.19%	0.26%	0.19%
WFC	D	0.21%	0.18%	0.18%
WLK	C	0.0%	0.17%	0.0%
WM	D	0.49%	0.26%	0.26%
WMB	B	0.16%	0.27%	0.16%
WMT	B	0.72%	0.29%	0.29%
WRB	C	0.13%	0.21%	0.13%
WSM	C	0.04%	0.12%	0.04%
WSO	C	0.03%	0.18%	0.03%
WST	D	0.03%	0.13%	0.03%
XEL	A	0.08%	0.22%	0.08%
XOM	B	0.46%	0.26%	0.26%
XYL	C	0.01%	0.24%	0.01%
YUM	B	0.14%	0.29%	0.14%
ZBH	F	0.01%	0.24%	0.01%
ZBRA	B	0.01%	0.14%	0.01%
ZM	C	0.01%	0.15%	0.01%
ZTS	B	0.16%	0.19%	0.16%

QWLD Overweight 150 Positions Relative to CFA

Symbol	Grade	Weight
NVS	C	0.88%
GOOG	D	0.87%
VRTX	D	0.42%
UL	B	0.3%
WCN	D	0.26%
K	A	0.22%
PFE	D	0.21%
MFG	D	0.2%
BMY	C	0.19%
CHKP	B	0.19%
TM	D	0.15%
TD	C	0.14%
DEO	C	0.13%
JNPR	B	0.13%
E	D	0.13%
TSN	D	0.13%
MUFG	D	0.12%
CNI	D	0.11%
BCS	B	0.1%
SMFG	D	0.09%
STLA	F	0.09%
PSA	A	0.09%
LYG	B	0.09%
TFC	D	0.08%
SONY	C	0.08%
AMCR	B	0.08%
HMC	D	0.08%
WTW	A	0.07%
AIZ	B	0.07%
WBD	D	0.06%
LULU	D	0.06%
LOGI	D	0.06%
MT	C	0.05%
NEM	C	0.05%
BTI	C	0.05%
PLD	C	0.05%
DINO	F	0.05%
WBA	F	0.04%
MU	D	0.04%
PNR	A	0.03%
VTRS	D	0.03%
AMT	C	0.03%
APA	F	0.03%
DFS	C	0.03%
MKTX	D	0.02%
NMR	F	0.02%
ACI	F	0.02%
ES	A	0.02%
PAYC	D	0.02%
SWK	A	0.02%
BAX	D	0.02%
TTC	F	0.02%
CCI	B	0.02%
SPG	B	0.02%
CHK	C	0.02%
WY	C	0.02%
MOS	F	0.02%
DLR	B	0.02%
AER	C	0.02%
WELL	B	0.02%
MRO	D	0.02%
VICI	B	0.02%
O	A	0.02%
SW	B	0.02%
WTRG	D	0.01%
CTLT	B	0.01%
OTEX	D	0.01%
CCL	C	0.01%
CPT	C	0.01%
TTWO	D	0.01%
FOX	A	0.01%
RPRX	C	0.01%
GLPI	B	0.01%
SBAC	C	0.01%
HST	D	0.01%
CG	D	0.01%
REG	C	0.01%
TRU	B	0.01%
IRM	B	0.01%
QRVO	F	0.01%
BEN	F	0.01%
SUI	C	0.01%
MBAVU	D	0.01%
ESS	C	0.01%
HSIC	C	0.01%
INVH	D	0.01%
WPC	B	0.01%
DOC	B	0.01%
CCEP	C	0.01%
MAA	C	0.01%
BXP	B	0.01%
SE	B	0.01%
AGCO	D	0.01%
MRVL	D	0.01%
CCK	B	0.01%
CHRD	F	0.01%
KNX	C	0.01%
ALB	D	0.01%
WFG	A	0.01%
LKQ	F	0.01%
VTR	B	0.01%
KIM	C	0.01%
ARE	C	0.01%
BALL	C	0.01%
WDC	C	0.01%
DLTR	F	0.01%
EQR	C	0.01%
HES	D	0.01%
AVB	C	0.01%
IFF	B	0.01%
MRNA	F	0.01%
SEIC	C	0.01%
PARA	F	0.01%
EQIX	B	0.01%
CNH	C	0.01%
BA	F	0.01%
EXR	B	0.01%
MELI	C	0.01%
GLBE	C	0.0%
IOT	C	0.0%
NET	D	0.0%
TOST	C	0.0%
RBLX	C	0.0%
XRX	D	0.0%
DKNG	D	0.0%
SNAP	D	0.0%
FUTU	C	0.0%
MSTR	C	0.0%
DAY	C	0.0%
GRAB	B	0.0%
SNOW	F	0.0%
WYNN	C	0.0%
ROKU	D	0.0%
OKTA	F	0.0%
EXAS	D	0.0%
Z	C	0.0%
ELS	C	0.0%
LW	D	0.0%
RIVN	F	0.0%
BBWI	F	0.0%
DASH	B	0.0%
QGEN	D	0.0%
ILMN	D	0.0%
BIO	C	0.0%
MTCH	C	0.0%
CRL	F	0.0%
ANSS	D	0.0%
UDR	C	0.0%
TWLO	C	0.0%
AMH	C	0.0%

QWLD Underweight 38 Positions Relative to CFA

Symbol	Grade	Weight
CW	B	-0.25%
SCI	C	-0.24%
RNR	A	-0.23%
MORN	C	-0.23%
IBKR	A	-0.22%
JEF	C	-0.21%
TXRH	B	-0.21%
USFD	C	-0.21%
RGA	C	-0.21%
ITT	B	-0.2%
CLH	C	-0.2%
PFGC	B	-0.2%
TTEK	B	-0.19%
PAG	D	-0.18%
WMG	D	-0.18%
PR	F	-0.17%
OWL	B	-0.17%
EWBC	C	-0.17%
CASY	D	-0.17%
RYAN	C	-0.17%
JLL	B	-0.16%
THC	B	-0.15%
WING	C	-0.15%
COKE	C	-0.14%
MTD	B	-0.14%
TOL	B	-0.14%
CPNG	C	-0.14%
WMS	D	-0.13%
UAL	C	-0.13%
FND	C	-0.13%
BLD	C	-0.12%
FIX	B	-0.12%
XPO	F	-0.11%
KNSL	D	-0.1%
RKT	C	-0.09%
CHWY	D	-0.08%
SRPT	F	-0.08%
CVNA	B	-0.06%