QWLD vs. DVAL ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Dynamic US Large Cap Value ETF (DVAL)

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

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$14.92

Average Daily Volume

7,020

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	DVAL
30 Days	0.82%	4.63%
60 Days	0.23%	5.94%
90 Days	0.87%	7.93%
12 Months	22.65%	28.10%

68 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in DVAL	Overlap
AFG	A	0.02%	0.58%	0.02%
AMGN	D	0.16%	0.63%	0.16%
AOS	F	0.02%	0.23%	0.02%
AXP	A	0.06%	1.5%	0.06%
BG	F	0.03%	0.7%	0.03%
BLDR	D	0.05%	1.86%	0.05%
BMY	B	0.21%	0.68%	0.21%
CAT	B	0.36%	3.17%	0.36%
CF	B	0.13%	0.83%	0.13%
CMCSA	B	0.17%	4.34%	0.17%
COP	C	0.1%	3.1%	0.1%
CPAY	A	0.01%	0.6%	0.01%
CRBG	B	0.01%	0.74%	0.01%
CSCO	B	1.03%	3.43%	1.03%
CSL	C	0.03%	1.06%	0.03%
CVX	A	0.33%	2.2%	0.33%
DE	A	0.06%	3.88%	0.06%
DIS	B	0.1%	0.52%	0.1%
DKS	C	0.02%	0.27%	0.02%
DRI	B	0.03%	0.67%	0.03%
DVA	B	0.01%	0.31%	0.01%
EBAY	D	0.01%	0.78%	0.01%
EMN	D	0.01%	0.23%	0.01%
EOG	A	0.06%	0.53%	0.06%
EQH	B	0.01%	0.6%	0.01%
EXPD	D	0.04%	1.04%	0.04%
EXPE	B	0.01%	0.66%	0.01%
FANG	D	0.09%	0.15%	0.09%
FOXA	B	0.01%	0.51%	0.01%
GIS	D	0.33%	0.95%	0.33%
GM	B	0.19%	3.32%	0.19%
H	B	0.0%	0.18%	0.0%
HON	B	0.26%	3.53%	0.26%
IBM	C	0.46%	4.21%	0.46%
IPG	D	0.02%	0.65%	0.02%
JBL	B	0.02%	0.89%	0.02%
JNJ	D	1.1%	1.56%	1.1%
KHC	F	0.2%	0.98%	0.2%
LMT	D	0.42%	4.4%	0.42%
LYB	F	0.03%	1.44%	0.03%
MGM	D	0.01%	0.76%	0.01%
MLM	B	0.01%	0.66%	0.01%
MMM	D	0.14%	1.33%	0.14%
MPC	D	0.17%	2.74%	0.17%
MRK	F	0.42%	0.35%	0.35%
MRO	B	0.02%	0.64%	0.02%
NRG	B	0.02%	0.77%	0.02%
NUE	C	0.04%	1.15%	0.04%
NVR	D	0.06%	0.64%	0.06%
OC	A	0.03%	0.9%	0.03%
OMC	C	0.04%	0.05%	0.04%
PCAR	B	0.11%	1.2%	0.11%
PG	A	0.95%	0.96%	0.95%
PHM	D	0.06%	1.05%	0.06%
PSX	C	0.14%	0.71%	0.14%
PYPL	B	0.04%	2.36%	0.04%
RS	B	0.02%	0.97%	0.02%
STLD	B	0.02%	1.41%	0.02%
SYY	B	0.03%	0.45%	0.03%
TMUS	B	0.76%	3.65%	0.76%
TRGP	B	0.04%	0.37%	0.04%
TRMB	B	0.01%	0.41%	0.01%
TXT	D	0.01%	0.5%	0.01%
VLO	C	0.08%	1.26%	0.08%
VZ	C	0.58%	0.43%	0.43%
WFC	A	0.28%	0.71%	0.28%
WMB	A	0.19%	1.32%	0.19%
WMT	A	0.76%	1.37%	0.76%

QWLD Overweight 542 Positions Relative to DVAL

Symbol	Grade	Weight
AAPL	C	2.57%
NVDA	C	2.53%
MSFT	F	2.3%
META	D	2.11%
UNH	C	1.35%
V	A	1.21%
LLY	F	1.14%
GOOGL	C	1.07%
GOOG	C	0.94%
NVS	D	0.79%
PEP	F	0.77%
COST	B	0.76%
BRK.A	B	0.73%
MA	C	0.71%
MSI	B	0.65%
ACN	C	0.65%
JPM	A	0.6%
MCK	B	0.58%
KO	D	0.56%
NFLX	A	0.54%
WM	A	0.52%
MMC	B	0.51%
ROP	B	0.48%
TXN	C	0.48%
XOM	B	0.47%
RSG	A	0.46%
SO	D	0.46%
VRTX	F	0.43%
APH	A	0.43%
MCD	D	0.42%
ADBE	C	0.42%
COR	B	0.41%
CB	C	0.4%
T	A	0.39%
BAC	A	0.39%
AMZN	C	0.37%
DUK	C	0.36%
PGR	A	0.35%
TJX	A	0.35%
ED	D	0.35%
ABBV	D	0.34%
NOC	D	0.32%
QCOM	F	0.32%
REGN	F	0.31%
KR	B	0.31%
GE	D	0.31%
TRV	B	0.3%
AMAT	F	0.29%
AZO	C	0.28%
INTU	C	0.27%
UL	D	0.27%
WCN	A	0.27%
ADP	B	0.26%
ACGL	D	0.26%
UNP	C	0.26%
HSBH	B	0.25%
GDDY	A	0.25%
C	A	0.25%
BLK	C	0.25%
ORCL	B	0.25%
ISRG	A	0.25%
ORLY	B	0.24%
CBOE	B	0.24%
MFG	B	0.24%
GILD	C	0.24%
K	A	0.23%
ELV	F	0.21%
EA	A	0.2%
CL	D	0.2%
WEC	A	0.2%
CTSH	B	0.2%
AJG	B	0.19%
ANET	C	0.19%
CHD	B	0.19%
GD	F	0.18%
CI	F	0.18%
PFE	D	0.18%
LRCX	F	0.18%
PANW	C	0.18%
KEYS	A	0.17%
NKE	D	0.17%
AON	A	0.17%
L	A	0.17%
CHKP	D	0.17%
GS	A	0.17%
ABBV	D	0.16%
HSY	F	0.16%
CVS	D	0.16%
TSLA	B	0.16%
CME	A	0.16%
FFIV	B	0.16%
TM	D	0.15%
TSN	B	0.15%
TGT	F	0.15%
YUM	B	0.15%
UTHR	C	0.15%
BAH	F	0.15%
INCY	C	0.15%
HD	A	0.15%
ZTS	D	0.15%
TT	A	0.15%
HUM	C	0.15%
CMG	B	0.14%
KDP	D	0.14%
VRSN	F	0.14%
BRO	B	0.14%
CTAS	B	0.14%
SHW	A	0.14%
MUFG	B	0.14%
WRB	A	0.14%
MDLZ	F	0.14%
KLAC	D	0.14%
CAH	B	0.13%
MKL	A	0.13%
MCO	B	0.13%
CDNS	B	0.13%
ITW	B	0.13%
ERIE	D	0.12%
MS	A	0.12%
GEN	B	0.12%
JNPR	F	0.12%
AFL	B	0.12%
SNPS	B	0.12%
TD	F	0.12%
E	F	0.12%
DGX	A	0.11%
NBIX	C	0.11%
AKAM	D	0.11%
KMB	D	0.11%
AVGO	D	0.11%
CSX	B	0.11%
BCS	C	0.11%
FCNCA	A	0.11%
DEO	F	0.11%
GWW	B	0.11%
PNC	B	0.1%
ADSK	A	0.1%
COF	B	0.1%
CMI	A	0.1%
CNI	D	0.1%
PAYX	C	0.1%
INTC	D	0.1%
SMFG	B	0.1%
DHI	D	0.1%
XEL	A	0.09%
FI	A	0.09%
PSA	D	0.09%
CPB	D	0.09%
LEN	D	0.09%
LYG	F	0.09%
TFC	A	0.09%
RTX	C	0.09%
AEE	A	0.09%
HRL	D	0.09%
FAST	B	0.09%
USB	A	0.09%
AMP	A	0.09%
ABT	B	0.09%
F	C	0.09%
ALL	A	0.08%
AMCR	D	0.08%
ODFL	B	0.08%
PTC	A	0.08%
CPRT	A	0.08%
ROL	B	0.08%
KVUE	A	0.08%
AIZ	A	0.08%
SONY	B	0.08%
STLA	F	0.08%
JKHY	D	0.07%
WBD	C	0.07%
MNST	C	0.07%
HMC	F	0.07%
AIG	B	0.07%
UPS	C	0.07%
AEP	D	0.07%
EW	C	0.07%
SJM	D	0.07%
BMRN	D	0.07%
PM	B	0.07%
CDW	F	0.07%
FDX	B	0.07%
LULU	C	0.07%
BDX	F	0.07%
WTW	B	0.07%
IDXX	F	0.07%
LOW	D	0.07%
NEE	D	0.06%
TSCO	D	0.06%
TPL	A	0.06%
MCHP	D	0.06%
LNG	B	0.06%
BBY	D	0.06%
TDY	B	0.06%
CRM	B	0.06%
EG	C	0.06%
MDT	D	0.06%
D	C	0.06%
LIN	D	0.06%
MOH	F	0.06%
TMO	F	0.06%
LOGI	D	0.06%
ROK	B	0.06%
DPZ	C	0.06%
A	D	0.06%
ULTA	F	0.06%
VEEV	C	0.05%
LPLA	A	0.05%
MTB	A	0.05%
BTI	B	0.05%
DOV	A	0.05%
VLTO	D	0.05%
ADM	D	0.05%
CNC	D	0.05%
PRU	A	0.05%
DINO	D	0.05%
FICO	B	0.05%
MT	B	0.05%
CMS	C	0.05%
MET	A	0.05%
DHR	F	0.05%
DECK	A	0.05%
BK	A	0.05%
GPC	D	0.05%
RMD	C	0.05%
TROW	B	0.05%
CHTR	C	0.05%
GRMN	B	0.05%
NEM	D	0.04%
ADI	D	0.04%
HCA	F	0.04%
WST	C	0.04%
SPGI	C	0.04%
SNA	A	0.04%
SRE	A	0.04%
HPE	B	0.04%
SBUX	A	0.04%
WBA	F	0.04%
MANH	D	0.04%
SYF	B	0.04%
PKG	A	0.04%
KMI	A	0.04%
CFG	B	0.04%
HUBB	B	0.04%
MU	D	0.04%
WAT	B	0.04%
CAG	D	0.04%
MO	A	0.04%
MPWR	F	0.04%
CTVA	C	0.04%
SCHW	B	0.04%
HPQ	B	0.04%
BR	A	0.04%
WDAY	B	0.04%
DFS	B	0.04%
NTAP	C	0.04%
PLD	D	0.04%
EME	C	0.04%
EIX	B	0.03%
DVN	F	0.03%
AVY	D	0.03%
SWKS	F	0.03%
IEX	B	0.03%
GGG	B	0.03%
ETR	B	0.03%
BX	A	0.03%
FDS	B	0.03%
POOL	C	0.03%
JBHT	C	0.03%
SW	A	0.03%
NSC	B	0.03%
CBRE	B	0.03%
APD	A	0.03%
LNT	A	0.03%
BKNG	A	0.03%
ICE	C	0.03%
HIG	B	0.03%
PNR	A	0.03%
SOLV	C	0.03%
VTRS	A	0.03%
JCI	C	0.03%
ETN	A	0.03%
EMR	A	0.03%
SLB	C	0.03%
OKE	A	0.03%
HBAN	A	0.03%
SYK	C	0.03%
WSO	A	0.03%
EXC	C	0.03%
PCG	A	0.03%
STT	A	0.03%
RF	A	0.03%
OXY	D	0.03%
AMD	F	0.03%
DOW	F	0.03%
FITB	A	0.03%
WSM	B	0.03%
IT	C	0.03%
ALLY	C	0.02%
EQIX	A	0.02%
KMX	B	0.02%
HAL	C	0.02%
TTC	D	0.02%
NXPI	D	0.02%
MKTX	D	0.02%
ACI	C	0.02%
EQT	B	0.02%
WY	D	0.02%
SQ	B	0.02%
GEHC	F	0.02%
APO	B	0.02%
SEIC	B	0.02%
NMR	B	0.02%
CEG	D	0.02%
NTRS	A	0.02%
ROST	C	0.02%
DTE	C	0.02%
OVV	B	0.02%
SPG	B	0.02%
AER	B	0.02%
CINF	A	0.02%
MOS	F	0.02%
FIS	C	0.02%
RJF	A	0.02%
LH	C	0.02%
PFG	D	0.02%
CTRA	B	0.02%
DLR	B	0.02%
WELL	A	0.02%
PAYC	B	0.02%
VICI	C	0.02%
PH	A	0.02%
CARR	D	0.02%
GLW	B	0.02%
NDSN	B	0.02%
GPN	B	0.02%
URI	B	0.02%
AMT	D	0.02%
PEG	A	0.02%
O	D	0.02%
IP	B	0.02%
DD	D	0.02%
BSX	B	0.02%
BKR	B	0.02%
EPAM	C	0.02%
KKR	A	0.02%
GEV	B	0.02%
ALLE	D	0.02%
FCX	D	0.02%
KEY	B	0.02%
LHX	C	0.02%
APA	D	0.02%
TER	D	0.02%
DASH	A	0.01%
CPT	B	0.01%
WTRG	B	0.01%
CTLT	B	0.01%
VRSK	A	0.01%
FSLR	F	0.01%
RPRX	D	0.01%
SBAC	D	0.01%
MBAVU	D	0.01%
RCL	A	0.01%
HST	C	0.01%
EL	F	0.01%
GLPI	C	0.01%
RPM	A	0.01%
HII	D	0.01%
TRU	D	0.01%
FOX	A	0.01%
AVTR	F	0.01%
NWSA	B	0.01%
TTWO	A	0.01%
STE	F	0.01%
SUI	D	0.01%
REG	B	0.01%
CLX	B	0.01%
BURL	A	0.01%
IRM	D	0.01%
CCL	B	0.01%
MAS	D	0.01%
WPC	D	0.01%
STX	D	0.01%
CE	F	0.01%
MKC	D	0.01%
INVH	D	0.01%
EFX	F	0.01%
TWLO	A	0.01%
HLT	A	0.01%
HSIC	B	0.01%
RVTY	F	0.01%
ESS	B	0.01%
BEN	C	0.01%
CG	A	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%
DAL	C	0.01%
ACM	A	0.01%
HWM	A	0.01%
XYL	D	0.01%
BXP	D	0.01%
MAA	B	0.01%
ZM	B	0.01%
CHRD	D	0.01%
CCK	C	0.01%
AGCO	D	0.01%
ZBRA	B	0.01%
STZ	D	0.01%
ARE	D	0.01%
TDG	D	0.01%
BALL	D	0.01%
SSNC	B	0.01%
DLTR	F	0.01%
FTV	C	0.01%
AWK	D	0.01%
LKQ	D	0.01%
WFG	D	0.01%
ABNB	C	0.01%
IR	B	0.01%
SE	B	0.01%
WDC	D	0.01%
KNX	B	0.01%
LDOS	C	0.01%
VTR	C	0.01%
HOLX	D	0.01%
NDAQ	A	0.01%
OTIS	C	0.01%
IFF	D	0.01%
VMC	B	0.01%
BSY	D	0.01%
NI	A	0.01%
KIM	A	0.01%
ALB	C	0.01%
MRVL	B	0.01%
EQR	B	0.01%
UHS	D	0.01%
IQV	D	0.01%
J	F	0.01%
APTV	D	0.01%
FNF	B	0.01%
PWR	A	0.01%
AVB	B	0.01%
MAR	B	0.01%
ZBH	C	0.01%
UBER	D	0.01%
CNP	B	0.01%
DELL	C	0.01%
EVRG	A	0.01%
VST	B	0.01%
SWK	D	0.01%
CHRW	C	0.01%
ATO	A	0.01%
BIIB	F	0.01%
DG	F	0.01%
AME	A	0.01%
HES	B	0.01%
WAB	B	0.01%
BAX	D	0.01%
MELI	D	0.01%
ON	D	0.01%
TAP	C	0.01%
BA	F	0.01%
FE	C	0.01%
EXR	D	0.01%
ECL	D	0.01%
NOW	A	0.01%
PPG	F	0.01%
CCI	D	0.01%
ES	D	0.01%
SMCI	F	0.01%
PPL	B	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%
XRX	F	0.0%
DDOG	A	0.0%
DKNG	B	0.0%
TOST	B	0.0%
SNAP	C	0.0%
PSTG	D	0.0%
FUTU	D	0.0%
HEI	B	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%
TECH	D	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%
LII	A	0.0%
TTD	B	0.0%
ELS	C	0.0%
HOOD	B	0.0%
ENTG	D	0.0%
TW	A	0.0%
HEI	B	0.0%
RIVN	F	0.0%
Z	A	0.0%
LUV	C	0.0%
WLK	D	0.0%
MTCH	D	0.0%
LYV	A	0.0%
QGEN	D	0.0%
LW	C	0.0%
VRT	B	0.0%
APP	B	0.0%
BBWI	D	0.0%
MSCI	C	0.0%
CSGP	D	0.0%
AXON	A	0.0%
LVS	C	0.0%
CRL	C	0.0%
BIO	D	0.0%
TFX	F	0.0%
UDR	B	0.0%
ILMN	D	0.0%
QRVO	F	0.0%
OTEX	D	0.0%
ANSS	B	0.0%
AMH	D	0.0%
ALGN	D	0.0%
PLTR	B	0.0%
UHAL	D	0.0%
ARES	A	0.0%
FBIN	D	0.0%

QWLD Underweight 42 Positions Relative to DVAL

Symbol	Grade	Weight
SCI	B	-0.93%
ORI	A	-0.65%
AN	C	-0.62%
BERY	B	-0.52%
WH	B	-0.49%
EVR	B	-0.48%
ARMK	B	-0.47%
OMF	A	-0.45%
MTG	C	-0.45%
NXST	C	-0.42%
AMG	B	-0.4%
FLEX	A	-0.4%
BC	C	-0.35%
RL	B	-0.33%
KBH	D	-0.33%
SAIC	F	-0.31%
TOL	B	-0.31%
MUSA	A	-0.29%
R	B	-0.28%
BCC	B	-0.26%
RHI	B	-0.26%
AM	A	-0.25%
COKE	C	-0.22%
EXP	A	-0.22%
BLD	D	-0.2%
PVH	C	-0.19%
SNX	C	-0.18%
INGR	B	-0.17%
CBT	C	-0.17%
CNM	D	-0.17%
MDU	D	-0.14%
NEU	C	-0.14%
FMC	D	-0.13%
WEX	D	-0.13%
BYD	C	-0.13%
CHX	C	-0.1%
GPK	C	-0.1%
TPR	B	-0.09%
RDN	C	-0.08%
WSC	D	-0.04%
VOYA	B	-0.04%
WCC	B	-0.0%