QWLD vs. DTD ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to WisdomTree Total Dividend Fund (DTD)

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

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.89

Average Daily Volume

21,384

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	DTD
30 Days	0.82%	3.20%
60 Days	0.23%	5.00%
90 Days	0.87%	6.93%
12 Months	22.65%	31.64%

391 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in DTD	Overlap
	A	D	0.06%	0.03%	0.03%
	AAPL	C	2.57%	3.03%	2.57%
	ABBV	D	0.34%	1.97%	0.34%
	ABBV	D	0.16%	1.97%	0.16%
	ABT	B	0.09%	0.42%	0.09%
	ACI	C	0.02%	0.04%	0.02%
	ACM	A	0.01%	0.02%	0.01%
	ADI	D	0.04%	0.21%	0.04%
	ADM	D	0.05%	0.08%	0.05%
	ADP	B	0.26%	0.34%	0.26%
	AEE	A	0.09%	0.12%	0.09%
	AEP	D	0.07%	0.24%	0.07%
	AFG	A	0.02%	0.03%	0.02%
	AFL	B	0.12%	0.26%	0.12%
	AGCO	D	0.01%	0.01%	0.01%
	AIG	B	0.07%	0.13%	0.07%
	AIZ	A	0.08%	0.03%	0.03%
	AJG	B	0.19%	0.07%	0.07%
	ALB	C	0.01%	0.02%	0.01%
	ALL	A	0.08%	0.15%	0.08%
	ALLY	C	0.02%	0.05%	0.02%
	AMAT	F	0.29%	0.14%	0.14%
	AME	A	0.01%	0.05%	0.01%
	AMGN	D	0.16%	0.55%	0.16%
	AMH	D	0.0%	0.02%	0.0%
	AMP	A	0.09%	0.14%	0.09%
	AMT	D	0.02%	0.27%	0.02%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APD	A	0.03%	0.19%	0.03%
	APH	A	0.43%	0.15%	0.15%
	APO	B	0.02%	0.2%	0.02%
	ARE	D	0.01%	0.07%	0.01%
	ARES	A	0.0%	0.1%	0.0%
	ATO	A	0.01%	0.1%	0.01%
	AVB	B	0.01%	0.16%	0.01%
	AVGO	D	0.11%	2.39%	0.11%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.01%	0.06%	0.01%
	AXP	A	0.06%	0.32%	0.06%
	BAC	A	0.39%	1.22%	0.39%
	BAH	F	0.15%	0.04%	0.04%
	BALL	D	0.01%	0.03%	0.01%
	BBWI	D	0.0%	0.02%	0.0%
	BBY	D	0.06%	0.11%	0.06%
	BDX	F	0.07%	0.12%	0.07%
	BEN	C	0.01%	0.06%	0.01%
	BK	A	0.05%	0.23%	0.05%
	BKNG	A	0.03%	0.3%	0.03%
	BKR	B	0.02%	0.12%	0.02%
	BLK	C	0.25%	0.43%	0.25%
	BMY	B	0.21%	0.57%	0.21%
	BR	A	0.04%	0.07%	0.04%
	BRO	B	0.14%	0.04%	0.04%
	BSY	D	0.01%	0.01%	0.01%
	BX	A	0.03%	0.39%	0.03%
	C	A	0.25%	0.63%	0.25%
	CAG	D	0.04%	0.07%	0.04%
	CAH	B	0.13%	0.07%	0.07%
	CARR	D	0.02%	0.1%	0.02%
	CAT	B	0.36%	0.45%	0.36%
	CBOE	B	0.24%	0.05%	0.05%
	CCI	D	0.01%	0.22%	0.01%
	CCK	C	0.01%	0.01%	0.01%
	CDW	F	0.07%	0.03%	0.03%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.02%	0.08%	0.02%
	CF	B	0.13%	0.04%	0.04%
	CG	A	0.01%	0.08%	0.01%
	CHD	B	0.19%	0.04%	0.04%
	CHRD	D	0.01%	0.04%	0.01%
	CHRW	C	0.01%	0.04%	0.01%
	CI	F	0.18%	0.21%	0.18%
	CINF	A	0.02%	0.08%	0.02%
	CL	D	0.2%	0.3%	0.2%
	CLX	B	0.01%	0.07%	0.01%
	CMCSA	B	0.17%	0.88%	0.17%
	CME	A	0.16%	0.19%	0.16%
	CMI	A	0.1%	0.17%	0.1%
	CMS	C	0.05%	0.07%	0.05%
	CNP	B	0.01%	0.05%	0.01%
	COF	B	0.1%	0.16%	0.1%
	COP	C	0.1%	0.32%	0.1%
	COR	B	0.41%	0.07%	0.07%
	COST	B	0.76%	0.44%	0.44%
	CPB	D	0.09%	0.05%	0.05%
	CPT	B	0.01%	0.03%	0.01%
	CRBG	B	0.01%	0.1%	0.01%
	CRM	B	0.06%	0.25%	0.06%
	CSCO	B	1.03%	1.3%	1.03%
	CSL	C	0.03%	0.04%	0.03%
	CSX	B	0.11%	0.11%	0.11%
	CTAS	B	0.14%	0.15%	0.14%
	CTSH	B	0.2%	0.08%	0.08%
	CVS	D	0.16%	0.25%	0.16%
	CVX	A	0.33%	1.51%	0.33%
	D	C	0.06%	0.32%	0.06%
	DAL	C	0.01%	0.05%	0.01%
	DD	D	0.02%	0.09%	0.02%
	DE	A	0.06%	0.18%	0.06%
	DELL	C	0.01%	0.06%	0.01%
	DFS	B	0.04%	0.13%	0.04%
	DGX	A	0.11%	0.04%	0.04%
	DHI	D	0.1%	0.06%	0.06%
	DHR	F	0.05%	0.14%	0.05%
	DINO	D	0.05%	0.03%	0.03%
	DIS	B	0.1%	0.17%	0.1%
	DKS	C	0.02%	0.04%	0.02%
	DLR	B	0.02%	0.17%	0.02%
	DOV	A	0.05%	0.06%	0.05%
	DOW	F	0.03%	0.19%	0.03%
	DPZ	C	0.06%	0.03%	0.03%
	DRI	B	0.03%	0.11%	0.03%
	DTE	C	0.02%	0.09%	0.02%
	DUK	C	0.36%	0.39%	0.36%
	EA	A	0.2%	0.04%	0.04%
	EBAY	D	0.01%	0.09%	0.01%
	ECL	D	0.01%	0.13%	0.01%
	ED	D	0.35%	0.19%	0.19%
	EFX	F	0.01%	0.03%	0.01%
	EIX	B	0.03%	0.15%	0.03%
	ELS	C	0.0%	0.02%	0.0%
	ELV	F	0.21%	0.13%	0.13%
	EME	C	0.04%	0.01%	0.01%
	EMN	D	0.01%	0.05%	0.01%
	EMR	A	0.03%	0.19%	0.03%
	EOG	A	0.06%	0.41%	0.06%
	EQH	B	0.01%	0.05%	0.01%
	EQIX	A	0.02%	0.16%	0.02%
	EQR	B	0.01%	0.1%	0.01%
	EQT	B	0.02%	0.07%	0.02%
	ERIE	D	0.12%	0.04%	0.04%
	ES	D	0.01%	0.11%	0.01%
	ESS	B	0.01%	0.06%	0.01%
	ETR	B	0.03%	0.22%	0.03%
	EVRG	A	0.01%	0.08%	0.01%
	EXC	C	0.03%	0.15%	0.03%
	EXPD	D	0.04%	0.03%	0.03%
	EXR	D	0.01%	0.15%	0.01%
	FANG	D	0.09%	0.09%	0.09%
	FAST	B	0.09%	0.19%	0.09%
	FBIN	D	0.0%	0.02%	0.0%
	FCNCA	A	0.11%	0.03%	0.03%
	FDS	B	0.03%	0.02%	0.02%
	FDX	B	0.07%	0.16%	0.07%
	FE	C	0.01%	0.11%	0.01%
	FIS	C	0.02%	0.21%	0.02%
	FITB	A	0.03%	0.16%	0.03%
	FNF	B	0.01%	0.07%	0.01%
	FOX	A	0.01%	0.05%	0.01%
	FTV	C	0.01%	0.03%	0.01%
	GD	F	0.18%	0.2%	0.18%
	GE	D	0.31%	0.16%	0.16%
	GEHC	F	0.02%	0.03%	0.02%
	GEN	B	0.12%	0.05%	0.05%
	GGG	B	0.03%	0.02%	0.02%
	GILD	C	0.24%	0.47%	0.24%
	GIS	D	0.33%	0.16%	0.16%
	GLPI	C	0.01%	0.06%	0.01%
	GLW	B	0.02%	0.17%	0.02%
	GM	B	0.19%	0.11%	0.11%
	GOOG	C	0.94%	0.57%	0.57%
	GOOGL	C	1.07%	0.87%	0.87%
	GPC	D	0.05%	0.06%	0.05%
	GPN	B	0.02%	0.03%	0.02%
	GS	A	0.17%	0.69%	0.17%
	GWW	B	0.11%	0.1%	0.1%
	HAL	C	0.02%	0.05%	0.02%
	HBAN	A	0.03%	0.13%	0.03%
	HCA	F	0.04%	0.11%	0.04%
	HD	A	0.15%	1.78%	0.15%
	HEI	B	0.0%	0.03%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HES	B	0.01%	0.06%	0.01%
	HIG	B	0.03%	0.13%	0.03%
	HII	D	0.01%	0.02%	0.01%
	HLT	A	0.01%	0.06%	0.01%
	HON	B	0.26%	0.53%	0.26%
	HPE	B	0.04%	0.08%	0.04%
	HPQ	B	0.04%	0.15%	0.04%
	HRL	D	0.09%	0.07%	0.07%
	HST	C	0.01%	0.04%	0.01%
	HSY	F	0.16%	0.08%	0.08%
	HUBB	B	0.04%	0.05%	0.04%
	HUM	C	0.15%	0.03%	0.03%
	HWM	A	0.01%	0.04%	0.01%
	IBM	C	0.46%	1.21%	0.46%
	ICE	C	0.03%	0.21%	0.03%
	IEX	B	0.03%	0.02%	0.02%
	INTU	C	0.27%	0.17%	0.17%
	INVH	D	0.01%	0.05%	0.01%
	IP	B	0.02%	0.1%	0.02%
	IPG	D	0.02%	0.06%	0.02%
	IR	B	0.01%	0.05%	0.01%
	IRM	D	0.01%	0.11%	0.01%
	ITW	B	0.13%	0.31%	0.13%
	J	F	0.01%	0.02%	0.01%
	JBHT	C	0.03%	0.02%	0.02%
	JBL	B	0.02%	0.02%	0.02%
	JKHY	D	0.07%	0.02%	0.02%
	JNJ	D	1.1%	1.83%	1.1%
	JNPR	F	0.12%	0.05%	0.05%
	JPM	A	0.6%	3.09%	0.6%
	K	A	0.23%	0.13%	0.13%
	KDP	D	0.14%	0.14%	0.14%
	KHC	F	0.2%	0.21%	0.2%
	KIM	A	0.01%	0.05%	0.01%
	KKR	A	0.02%	0.13%	0.02%
	KLAC	D	0.14%	0.1%	0.1%
	KMB	D	0.11%	0.26%	0.11%
	KO	D	0.56%	1.4%	0.56%
	KR	B	0.31%	0.16%	0.16%
	KVUE	A	0.08%	0.19%	0.08%
	L	A	0.17%	0.01%	0.01%
	LDOS	C	0.01%	0.04%	0.01%
	LEN	D	0.09%	0.06%	0.06%
	LH	C	0.02%	0.03%	0.02%
	LHX	C	0.02%	0.12%	0.02%
	LII	A	0.0%	0.05%	0.0%
	LKQ	D	0.01%	0.03%	0.01%
	LLY	F	1.14%	0.63%	0.63%
	LMT	D	0.42%	0.45%	0.42%
	LNG	B	0.06%	0.08%	0.06%
	LNT	A	0.03%	0.06%	0.03%
	LOW	D	0.07%	0.57%	0.07%
	LPLA	A	0.05%	0.03%	0.03%
	LRCX	F	0.18%	0.12%	0.12%
	LUV	C	0.0%	0.06%	0.0%
	LVS	C	0.0%	0.08%	0.0%
	LW	C	0.0%	0.02%	0.0%
	MA	C	0.71%	0.45%	0.45%
	MAA	B	0.01%	0.06%	0.01%
	MAR	B	0.01%	0.15%	0.01%
	MAS	D	0.01%	0.05%	0.01%
	MCD	D	0.42%	0.83%	0.42%
	MCHP	D	0.06%	0.07%	0.06%
	MCK	B	0.58%	0.08%	0.08%
	MCO	B	0.13%	0.11%	0.11%
	MDLZ	F	0.14%	0.37%	0.14%
	MET	A	0.05%	0.22%	0.05%
	META	D	2.11%	0.92%	0.92%
	MKC	D	0.01%	0.06%	0.01%
	MKTX	D	0.02%	0.01%	0.01%
	MLM	B	0.01%	0.04%	0.01%
	MMC	B	0.51%	0.25%	0.25%
	MO	A	0.04%	0.7%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.17%	0.22%	0.17%
	MPWR	F	0.04%	0.03%	0.03%
	MRK	F	0.42%	0.79%	0.42%
	MRO	B	0.02%	0.04%	0.02%
	MS	A	0.12%	1.03%	0.12%
	MSCI	C	0.0%	0.05%	0.0%
	MSFT	F	2.3%	2.78%	2.3%
	MSI	B	0.65%	0.15%	0.15%
	MTB	A	0.05%	0.16%	0.05%
	MU	D	0.04%	0.08%	0.04%
	NDAQ	A	0.01%	0.07%	0.01%
	NDSN	B	0.02%	0.02%	0.02%
	NI	A	0.01%	0.06%	0.01%
	NKE	D	0.17%	0.14%	0.14%
	NOC	D	0.32%	0.14%	0.14%
	NRG	B	0.02%	0.07%	0.02%
	NSC	B	0.03%	0.16%	0.03%
	NTAP	C	0.04%	0.08%	0.04%
	NTRS	A	0.02%	0.09%	0.02%
	NUE	C	0.04%	0.05%	0.04%
	NVDA	C	2.53%	2.38%	2.38%
	NWSA	B	0.01%	0.03%	0.01%
	O	D	0.02%	0.25%	0.02%
	OC	A	0.03%	0.04%	0.03%
	ODFL	B	0.08%	0.04%	0.04%
	OKE	A	0.03%	0.38%	0.03%
	OMC	C	0.04%	0.08%	0.04%
	ORCL	B	0.25%	0.74%	0.25%
	OTIS	C	0.01%	0.1%	0.01%
	OVV	B	0.02%	0.04%	0.02%
	OXY	D	0.03%	0.07%	0.03%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	C	0.1%	0.25%	0.1%
	PCAR	B	0.11%	0.29%	0.11%
	PCG	A	0.03%	0.04%	0.03%
	PEG	A	0.02%	0.26%	0.02%
	PEP	F	0.77%	1.12%	0.77%
	PFG	D	0.02%	0.09%	0.02%
	PG	A	0.95%	1.61%	0.95%
	PGR	A	0.35%	0.13%	0.13%
	PH	A	0.02%	0.2%	0.02%
	PHM	D	0.06%	0.05%	0.05%
	PKG	A	0.04%	0.11%	0.04%
	PLD	D	0.04%	0.33%	0.04%
	PM	B	0.07%	1.16%	0.07%
	PNC	B	0.1%	0.39%	0.1%
	POOL	C	0.03%	0.02%	0.02%
	PPG	F	0.01%	0.08%	0.01%
	PPL	B	0.01%	0.1%	0.01%
	PRU	A	0.05%	0.25%	0.05%
	PSA	D	0.09%	0.25%	0.09%
	PSX	C	0.14%	0.2%	0.14%
	PWR	A	0.01%	0.04%	0.01%
	QCOM	F	0.32%	0.42%	0.32%
	REG	B	0.01%	0.02%	0.01%
	RF	A	0.03%	0.15%	0.03%
	RJF	A	0.02%	0.06%	0.02%
	RMD	C	0.05%	0.04%	0.04%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.08%	0.04%	0.04%
	ROP	B	0.48%	0.05%	0.05%
	ROST	C	0.02%	0.06%	0.02%
	RPM	A	0.01%	0.04%	0.01%
	RS	B	0.02%	0.05%	0.02%
	RSG	A	0.46%	0.1%	0.1%
	RTX	C	0.09%	0.56%	0.09%
	SBAC	D	0.01%	0.02%	0.01%
	SBUX	A	0.04%	0.31%	0.04%
	SCHW	B	0.04%	0.23%	0.04%
	SEIC	B	0.02%	0.02%	0.02%
	SHW	A	0.14%	0.13%	0.13%
	SJM	D	0.07%	0.05%	0.05%
	SNA	A	0.04%	0.08%	0.04%
	SO	D	0.46%	0.41%	0.41%
	SPG	B	0.02%	0.4%	0.02%
	SPGI	C	0.04%	0.16%	0.04%
	SRE	A	0.04%	0.2%	0.04%
	SSNC	B	0.01%	0.03%	0.01%
	STLD	B	0.02%	0.04%	0.02%
	STT	A	0.03%	0.13%	0.03%
	STZ	D	0.01%	0.11%	0.01%
	SUI	D	0.01%	0.03%	0.01%
	SW	A	0.03%	0.04%	0.03%
	SWK	D	0.01%	0.05%	0.01%
	SWKS	F	0.03%	0.04%	0.03%
	SYF	B	0.04%	0.09%	0.04%
	SYK	C	0.03%	0.24%	0.03%
	SYY	B	0.03%	0.17%	0.03%
	TAP	C	0.01%	0.04%	0.01%
	TECH	D	0.0%	0.01%	0.0%
	TER	D	0.02%	0.01%	0.01%
	TGT	F	0.15%	0.25%	0.15%
	TJX	A	0.35%	0.35%	0.35%
	TMO	F	0.06%	0.16%	0.06%
	TMUS	B	0.76%	0.76%	0.76%
	TPL	A	0.06%	0.04%	0.04%
	TRGP	B	0.04%	0.11%	0.04%
	TROW	B	0.05%	0.13%	0.05%
	TRV	B	0.3%	0.15%	0.15%
	TSCO	D	0.06%	0.08%	0.06%
	TSN	B	0.15%	0.08%	0.08%
	TTC	D	0.02%	0.02%	0.02%
	TW	A	0.0%	0.02%	0.0%
	TXN	C	0.48%	0.65%	0.48%
	TXT	D	0.01%	0.02%	0.01%
	UDR	B	0.0%	0.05%	0.0%
	UHS	D	0.01%	0.02%	0.01%
	UNH	C	1.35%	1.24%	1.24%
	UNP	C	0.26%	0.37%	0.26%
	UPS	C	0.07%	0.43%	0.07%
	URI	B	0.02%	0.08%	0.02%
	USB	A	0.09%	0.42%	0.09%
	V	A	1.21%	0.67%	0.67%
	VICI	C	0.02%	0.25%	0.02%
	VLO	C	0.08%	0.17%	0.08%
	VLTO	D	0.05%	0.01%	0.01%
	VMC	B	0.01%	0.05%	0.01%
	VRSK	A	0.01%	0.04%	0.01%
	VRT	B	0.0%	0.03%	0.0%
	VST	B	0.01%	0.18%	0.01%
	VTR	C	0.01%	0.08%	0.01%
	VTRS	A	0.03%	0.09%	0.03%
	WAB	B	0.01%	0.04%	0.01%
	WEC	A	0.2%	0.11%	0.11%
	WELL	A	0.02%	0.19%	0.02%
	WFC	A	0.28%	0.9%	0.28%
	WLK	D	0.0%	0.03%	0.0%
	WM	A	0.52%	0.24%	0.24%
	WMB	A	0.19%	0.35%	0.19%
	WMT	A	0.76%	1.61%	0.76%
	WPC	D	0.01%	0.06%	0.01%
	WRB	A	0.14%	0.07%	0.07%
	WSM	B	0.03%	0.05%	0.03%
	WSO	A	0.03%	0.06%	0.03%
	WST	C	0.04%	0.03%	0.03%
	WTRG	B	0.01%	0.03%	0.01%
	WY	D	0.02%	0.04%	0.02%
	XEL	A	0.09%	0.22%	0.09%
	XOM	B	0.47%	2.48%	0.47%
	XRX	F	0.0%	0.01%	0.0%
	XYL	D	0.01%	0.04%	0.01%
	YUM	B	0.15%	0.11%	0.11%
	ZBH	C	0.01%	0.02%	0.01%
	ZTS	D	0.15%	0.12%	0.12%

QWLD Overweight 219 Positions Relative to DTD

	Symbol	Grade	Weight
	NVS	D	0.79%
	BRK.A	B	0.73%
	ACN	C	0.65%
	VZ	C	0.58%
	NFLX	A	0.54%
	VRTX	F	0.43%
	ADBE	C	0.42%
	CB	C	0.4%
	T	A	0.39%
	AMZN	C	0.37%
	REGN	F	0.31%
	AZO	C	0.28%
	UL	D	0.27%
	WCN	A	0.27%
	ACGL	D	0.26%
	HSBH	B	0.25%
	GDDY	A	0.25%
	ISRG	A	0.25%
	ORLY	B	0.24%
	MFG	B	0.24%
	ANET	C	0.19%
	PFE	D	0.18%
	PANW	C	0.18%
	KEYS	A	0.17%
	AON	A	0.17%
	CHKP	D	0.17%
	TSLA	B	0.16%
	FFIV	B	0.16%
	TM	D	0.15%
	UTHR	C	0.15%
	INCY	C	0.15%
	TT	A	0.15%
	CMG	B	0.14%
	VRSN	F	0.14%
	MMM	D	0.14%
	MUFG	B	0.14%
	MKL	A	0.13%
	CDNS	B	0.13%
	SNPS	B	0.12%
	TD	F	0.12%
	E	F	0.12%
	NBIX	C	0.11%
	AKAM	D	0.11%
	BCS	C	0.11%
	DEO	F	0.11%
	ADSK	A	0.1%
	CNI	D	0.1%
	INTC	D	0.1%
	SMFG	B	0.1%
	FI	A	0.09%
	LYG	F	0.09%
	TFC	A	0.09%
	F	C	0.09%
	AMCR	D	0.08%
	PTC	A	0.08%
	CPRT	A	0.08%
	SONY	B	0.08%
	STLA	F	0.08%
	WBD	C	0.07%
	MNST	C	0.07%
	HMC	F	0.07%
	EW	C	0.07%
	BMRN	D	0.07%
	LULU	C	0.07%
	WTW	B	0.07%
	IDXX	F	0.07%
	NEE	D	0.06%
	TDY	B	0.06%
	EG	C	0.06%
	MDT	D	0.06%
	LIN	D	0.06%
	MOH	F	0.06%
	LOGI	D	0.06%
	ULTA	F	0.06%
	NVR	D	0.06%
	BLDR	D	0.05%
	VEEV	C	0.05%
	BTI	B	0.05%
	CNC	D	0.05%
	FICO	B	0.05%
	MT	B	0.05%
	DECK	A	0.05%
	CHTR	C	0.05%
	GRMN	B	0.05%
	NEM	D	0.04%
	WBA	F	0.04%
	MANH	D	0.04%
	KMI	A	0.04%
	CFG	B	0.04%
	WAT	B	0.04%
	CTVA	C	0.04%
	WDAY	B	0.04%
	PYPL	B	0.04%
	DVN	F	0.03%
	LYB	F	0.03%
	BG	F	0.03%
	CBRE	B	0.03%
	PNR	A	0.03%
	SOLV	C	0.03%
	JCI	C	0.03%
	ETN	A	0.03%
	SLB	C	0.03%
	AMD	F	0.03%
	IT	C	0.03%
	KMX	B	0.02%
	NXPI	D	0.02%
	SQ	B	0.02%
	NMR	B	0.02%
	AER	B	0.02%
	CTRA	B	0.02%
	BSX	B	0.02%
	EPAM	C	0.02%
	GEV	B	0.02%
	ALLE	D	0.02%
	FCX	D	0.02%
	KEY	B	0.02%
	DASH	A	0.01%
	CTLT	B	0.01%
	MGM	D	0.01%
	FSLR	F	0.01%
	RPRX	D	0.01%
	MBAVU	D	0.01%
	RCL	A	0.01%
	EL	F	0.01%
	DVA	B	0.01%
	TRU	D	0.01%
	TRMB	B	0.01%
	AVTR	F	0.01%
	TTWO	A	0.01%
	STE	F	0.01%
	BURL	A	0.01%
	CCL	B	0.01%
	STX	D	0.01%
	TWLO	A	0.01%
	HSIC	B	0.01%
	RVTY	F	0.01%
	FTNT	C	0.01%
	COIN	C	0.01%
	DOC	D	0.01%
	MRNA	F	0.01%
	AES	F	0.01%
	CCEP	C	0.01%
	BXP	D	0.01%
	ZM	B	0.01%
	ZBRA	B	0.01%
	TDG	D	0.01%
	DLTR	F	0.01%
	CPAY	A	0.01%
	WFG	D	0.01%
	ABNB	C	0.01%
	SE	B	0.01%
	WDC	D	0.01%
	KNX	B	0.01%
	HOLX	D	0.01%
	IFF	D	0.01%
	MRVL	B	0.01%
	EXPE	B	0.01%
	IQV	D	0.01%
	APTV	D	0.01%
	UBER	D	0.01%
	BIIB	F	0.01%
	DG	F	0.01%
	FOXA	B	0.01%
	BAX	D	0.01%
	MELI	D	0.01%
	ON	D	0.01%
	BA	F	0.01%
	NOW	A	0.01%
	SMCI	F	0.01%
	CNH	C	0.01%
	PARA	C	0.01%
	ENPH	F	0.01%
	GLBE	B	0.0%
	IOT	A	0.0%
	NET	B	0.0%
	RBLX	C	0.0%
	DDOG	A	0.0%
	DKNG	B	0.0%
	TOST	B	0.0%
	SNAP	C	0.0%
	H	B	0.0%
	PSTG	D	0.0%
	FUTU	D	0.0%
	PINS	D	0.0%
	DT	C	0.0%
	DAY	B	0.0%
	SNOW	C	0.0%
	DOCU	A	0.0%
	EXAS	D	0.0%
	PODD	C	0.0%
	GRAB	B	0.0%
	ROKU	D	0.0%
	WYNN	D	0.0%
	OKTA	C	0.0%
	DXCM	D	0.0%
	CRWD	B	0.0%
	MSTR	C	0.0%
	TYL	B	0.0%
	TTD	B	0.0%
	HOOD	B	0.0%
	ENTG	D	0.0%
	RIVN	F	0.0%
	Z	A	0.0%
	MTCH	D	0.0%
	LYV	A	0.0%
	QGEN	D	0.0%
	APP	B	0.0%
	CSGP	D	0.0%
	AXON	A	0.0%
	CRL	C	0.0%
	BIO	D	0.0%
	TFX	F	0.0%
	ILMN	D	0.0%
	QRVO	F	0.0%
	OTEX	D	0.0%
	ANSS	B	0.0%
	ALGN	D	0.0%
	PLTR	B	0.0%
	UHAL	D	0.0%

QWLD Underweight 422 Positions Relative to DTD

	Symbol	Grade	Weight
	PNW	B	-0.08%
	JEF	A	-0.07%
	ORI	A	-0.07%
	JXN	C	-0.06%
	TPR	B	-0.06%
	CUBE	D	-0.06%
	OGE	B	-0.06%
	LAMR	D	-0.06%
	UNM	A	-0.06%
	TXRH	C	-0.06%
	CMA	A	-0.06%
	RGA	A	-0.06%
	AM	A	-0.06%
	EWBC	A	-0.06%
	LNC	B	-0.05%
	HRB	D	-0.05%
	WBS	A	-0.05%
	INGR	B	-0.05%
	EVR	B	-0.05%
	OMF	A	-0.05%
	CNA	B	-0.05%
	DTM	B	-0.05%
	OWL	A	-0.05%
	UI	A	-0.05%
	ASB	B	-0.04%
	AIT	A	-0.04%
	VLY	B	-0.04%
	MLI	C	-0.04%
	CFR	B	-0.04%
	BKH	A	-0.04%
	CIVI	D	-0.04%
	RDN	C	-0.04%
	MTG	C	-0.04%
	HLI	B	-0.04%
	ITT	A	-0.04%
	FRT	B	-0.04%
	ZION	B	-0.04%
	NWE	B	-0.04%
	NNN	D	-0.04%
	FHB	A	-0.04%
	BRX	A	-0.04%
	FNB	A	-0.04%
	SNV	B	-0.04%
	KTB	B	-0.03%
	QCRH	A	-0.03%
	RUSHA	C	-0.03%
	WH	B	-0.03%
	KBH	D	-0.03%
	ATR	B	-0.03%
	TNL	A	-0.03%
	SMG	D	-0.03%
	NXST	C	-0.03%
	SASR	B	-0.03%
	CNS	B	-0.03%
	PNM	F	-0.03%
	BOKF	B	-0.03%
	SAIC	F	-0.03%
	ACT	D	-0.03%
	CNO	A	-0.03%
	TMP	B	-0.03%
	BANF	B	-0.03%
	OFG	B	-0.03%
	CBT	C	-0.03%
	EHC	B	-0.03%
	MSM	C	-0.03%
	SR	A	-0.03%
	GPK	C	-0.03%
	SON	D	-0.03%
	CATY	B	-0.03%
	AUB	B	-0.03%
	ALE	A	-0.03%
	HLNE	B	-0.03%
	GAP	C	-0.03%
	DCI	B	-0.03%
	JWN	C	-0.03%
	WEN	D	-0.03%
	POR	C	-0.03%
	FLO	D	-0.03%
	OGN	D	-0.03%
	SCI	B	-0.03%
	WSBC	A	-0.03%
	OGS	A	-0.03%
	BWXT	B	-0.03%
	VCTR	B	-0.03%
	OZK	B	-0.03%
	WU	D	-0.03%
	R	B	-0.03%
	FBP	B	-0.03%
	PATK	D	-0.03%
	FAF	A	-0.03%
	COLB	A	-0.03%
	CCOI	B	-0.03%
	MTN	C	-0.03%
	FLS	B	-0.03%
	SFNC	B	-0.03%
	SF	B	-0.03%
	MC	C	-0.03%
	AWR	B	-0.03%
	FIBK	A	-0.03%
	WAL	B	-0.03%
	NFG	A	-0.03%
	HOMB	A	-0.03%
	PB	A	-0.03%
	TFSL	A	-0.03%
	LECO	B	-0.03%
	AROC	B	-0.03%
	SIRI	C	-0.03%
	AVA	A	-0.03%
	PFS	B	-0.03%
	UGI	A	-0.03%
	PAG	B	-0.03%
	BPOP	B	-0.03%
	ALSN	B	-0.03%
	RL	B	-0.03%
	PRI	A	-0.03%
	BANR	B	-0.03%
	KMPR	B	-0.02%
	EGBN	B	-0.02%
	HTH	B	-0.02%
	TTEK	F	-0.02%
	TPX	B	-0.02%
	THG	A	-0.02%
	FR	C	-0.02%
	ZWS	B	-0.02%
	SSD	D	-0.02%
	M	D	-0.02%
	HTLF	B	-0.02%
	RRC	B	-0.02%
	PR	B	-0.02%
	UMBF	B	-0.02%
	FRME	B	-0.02%
	CRI	D	-0.02%
	IOSP	B	-0.02%
	CWEN	C	-0.02%
	BERY	B	-0.02%
	BANC	A	-0.02%
	STEP	B	-0.02%
	UVSP	B	-0.02%
	MGEE	C	-0.02%
	BFH	B	-0.02%
	VAC	B	-0.02%
	BC	C	-0.02%
	WAFD	B	-0.02%
	MDU	D	-0.02%
	HUN	F	-0.02%
	SPB	C	-0.02%
	BNL	D	-0.02%
	RNST	B	-0.02%
	TKO	B	-0.02%
	WHD	B	-0.02%
	ARMK	B	-0.02%
	TDS	B	-0.02%
	SEM	B	-0.02%
	HWC	B	-0.02%
	SYBT	B	-0.02%
	MRTN	C	-0.02%
	OTTR	C	-0.02%
	KFY	B	-0.02%
	NSA	D	-0.02%
	UPBD	B	-0.02%
	NYT	C	-0.02%
	IBTX	B	-0.02%
	CCS	D	-0.02%
	BRC	D	-0.02%
	AL	B	-0.02%
	WSFS	A	-0.02%
	GNTX	C	-0.02%
	BKE	B	-0.02%
	BWA	D	-0.02%
	NEU	C	-0.02%
	STC	B	-0.02%
	BYD	C	-0.02%
	LAD	A	-0.02%
	APOG	B	-0.02%
	WWD	B	-0.02%
	FCPT	C	-0.02%
	MCY	A	-0.02%
	MGY	A	-0.02%
	EPR	D	-0.02%
	IPAR	B	-0.02%
	ADTN	A	-0.02%
	OSK	B	-0.02%
	IBKR	A	-0.02%
	UBSI	B	-0.02%
	VIRT	B	-0.02%
	NBHC	B	-0.02%
	HNI	B	-0.02%
	RHP	B	-0.02%
	PINC	B	-0.02%
	RHI	B	-0.02%
	CMC	B	-0.02%
	FCF	A	-0.02%
	SBRA	C	-0.02%
	CRC	B	-0.02%
	LCII	C	-0.02%
	MATX	C	-0.02%
	EXP	A	-0.02%
	MUR	D	-0.02%
	CAKE	C	-0.02%
	IDA	A	-0.02%
	VRTS	B	-0.02%
	RRX	B	-0.02%
	PEBO	A	-0.02%
	MWA	B	-0.02%
	BRKL	B	-0.02%
	FFBC	A	-0.02%
	PII	D	-0.02%
	LPX	B	-0.02%
	OCFC	B	-0.02%
	TRMK	B	-0.02%
	KMT	B	-0.02%
	RGLD	C	-0.02%
	THO	B	-0.02%
	HAFC	A	-0.02%
	LSTR	D	-0.02%
	LANC	C	-0.02%
	STAG	F	-0.02%
	GTY	B	-0.02%
	KNTK	B	-0.02%
	SLM	A	-0.02%
	FULT	A	-0.02%
	HRI	B	-0.02%
	IDCC	A	-0.02%
	VOYA	B	-0.02%
	BUSE	B	-0.02%
	UFPI	B	-0.02%
	CASY	A	-0.02%
	SSB	B	-0.02%
	ESI	A	-0.02%
	CVBF	A	-0.02%
	IBOC	A	-0.02%
	STBA	B	-0.02%
	CBU	B	-0.02%
	SWX	B	-0.02%
	PRGS	A	-0.02%
	CBSH	A	-0.02%
	TPG	A	-0.02%
	TRST	A	-0.02%
	TKR	D	-0.02%
	AVNT	B	-0.02%
	REYN	D	-0.02%
	CADE	B	-0.02%
	ONB	B	-0.02%
	NJR	A	-0.02%
	TRN	C	-0.02%
	GEF	A	-0.02%
	GBCI	B	-0.02%
	NOG	A	-0.02%
	FBMS	B	-0.02%
	AVT	C	-0.02%
	AWI	A	-0.02%
	IIPR	D	-0.01%
	CHCO	B	-0.01%
	DAN	D	-0.01%
	CNXC	F	-0.01%
	DK	C	-0.01%
	HI	C	-0.01%
	TEX	D	-0.01%
	AESI	B	-0.01%
	IRDM	D	-0.01%
	IBP	D	-0.01%
	LZB	B	-0.01%
	COLD	D	-0.01%
	COKE	C	-0.01%
	WMG	C	-0.01%
	BMI	B	-0.01%
	VSH	D	-0.01%
	DLB	B	-0.01%
	LXP	D	-0.01%
	WOR	F	-0.01%
	GES	F	-0.01%
	MLKN	D	-0.01%
	PCH	D	-0.01%
	CABO	C	-0.01%
	TOL	B	-0.01%
	OXM	D	-0.01%
	SCL	C	-0.01%
	ENS	D	-0.01%
	WINA	B	-0.01%
	BRKR	D	-0.01%
	MUSA	A	-0.01%
	BLMN	F	-0.01%
	SCS	C	-0.01%
	KNSL	B	-0.01%
	HXL	D	-0.01%
	LEVI	F	-0.01%
	LBRT	D	-0.01%
	PBI	B	-0.01%
	PRDO	B	-0.01%
	CWEN	C	-0.01%
	OLED	D	-0.01%
	ASH	D	-0.01%
	CHE	D	-0.01%
	GBX	A	-0.01%
	HOG	D	-0.01%
	AGM	C	-0.01%
	MCRI	A	-0.01%
	DIN	C	-0.01%
	AMKR	D	-0.01%
	DLX	B	-0.01%
	ORA	B	-0.01%
	GL	B	-0.01%
	CHH	A	-0.01%
	WKC	D	-0.01%
	KRO	D	-0.01%
	GRNT	B	-0.01%
	RGP	F	-0.01%
	CXT	B	-0.01%
	COLM	B	-0.01%
	SLGN	A	-0.01%
	RRR	D	-0.01%
	X	C	-0.01%
	EGP	F	-0.01%
	HEES	B	-0.01%
	SEB	F	-0.01%
	SFBS	B	-0.01%
	JJSF	B	-0.01%
	PDCO	D	-0.01%
	NAVI	C	-0.01%
	PBF	D	-0.01%
	ENR	B	-0.01%
	KALU	C	-0.01%
	PTVE	B	-0.01%
	XRAY	F	-0.01%
	BTU	B	-0.01%
	CC	C	-0.01%
	CHDN	B	-0.01%
	SAFT	C	-0.01%
	LEG	F	-0.01%
	KRC	C	-0.01%
	UTZ	D	-0.01%
	MAN	D	-0.01%
	MTDR	B	-0.01%
	UVV	B	-0.01%
	UCB	A	-0.01%
	WCC	B	-0.01%
	RLI	B	-0.01%
	AZZ	B	-0.01%
	HP	B	-0.01%
	KLG	C	-0.01%
	BHE	B	-0.01%
	MORN	B	-0.01%
	AAON	B	-0.01%
	PZZA	D	-0.01%
	HMN	B	-0.01%
	SIGI	C	-0.01%
	WERN	C	-0.01%
	CRGY	B	-0.01%
	EDR	A	-0.01%
	KSS	F	-0.01%
	FIX	A	-0.01%
	MMS	F	-0.01%
	BOH	B	-0.01%
	AMSF	B	-0.01%
	KWR	C	-0.01%
	EPC	D	-0.01%
	SSBK	B	-0.01%
	EXPO	D	-0.01%
	WMK	C	-0.01%
	CHX	C	-0.01%
	NSP	D	-0.01%
	MSA	D	-0.01%
	FG	B	-0.01%
	BCO	D	-0.01%
	OLN	D	-0.01%
	CPK	A	-0.01%
	KBR	F	-0.01%
	SRCE	B	-0.01%
	SM	B	-0.01%
	MKSI	C	-0.01%
	STRA	C	-0.01%
	ABM	B	-0.01%
	GOLF	B	-0.01%
	CFFN	B	-0.01%
	WDFC	B	-0.01%
	WWW	B	-0.01%
	DNB	B	-0.01%
	ADC	B	-0.01%
	VMI	B	-0.01%
	PFBC	B	-0.01%
	UTL	B	-0.01%
	LFUS	F	-0.01%
	EBC	B	-0.01%
	SNDR	B	-0.01%
	AEO	F	-0.01%
	LEA	D	-0.01%
	WGO	C	-0.01%
	GATX	A	-0.01%
	NOV	C	-0.01%
	PHIN	A	-0.01%
	PFSI	D	-0.01%
	WMS	D	-0.01%
	FFIN	B	-0.01%
	WD	D	-0.01%
	SXT	B	-0.01%
	SLG	B	-0.01%
	PRK	B	-0.01%
	BKU	A	-0.01%
	SHOO	D	-0.01%
	SLVM	B	-0.01%
	SKT	B	-0.01%
	JBT	B	-0.01%
	PTEN	C	-0.01%
	SNX	C	-0.01%
	WTFC	A	-0.01%
	MSBI	B	-0.01%
	POWL	C	-0.01%
	SEE	C	-0.01%
	CVI	F	-0.01%
	CRS	A	-0.01%
	PNFP	B	-0.01%
	MAC	B	-0.0%
	POWI	D	-0.0%
	KW	B	-0.0%
	NWS	B	-0.0%
	GTN	F	-0.0%
	RELL	B	-0.0%
	NFE	D	-0.0%
	UWMC	D	-0.0%
	CWH	B	-0.0%
	BGS	F	-0.0%
	NUS	D	-0.0%

QWLD: Top Represented Industries & Keywords

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

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

DTD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Oil & Gas E&P Utilities - Regulated Electric Business Services Specialty Chemicals Capital Markets Insurance - Property & Casualty Packaged Foods Packaging & Containers Credit Services REIT - Retail Restaurants Utilities - Diversified Building Materials Semiconductors Aerospace & Defense Insurance - Life REIT - Industrial

Keywords: S&P 500 Bank Banking Natural Gas Insurance Nasdaq 100 Deposit Products Electricity Real Estate Investment Trust Chemical Mining Real Estate Loans Electronics Commercial Banking Aerospace Computing Investment Management Insurance Products Commercial Bank Plastic