QWLD vs. GLBL ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Pacer MSCI World Industry Advantage ETF (GLBL)

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

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	GLBL
30 Days	0.82%	3.25%
60 Days	0.23%	4.07%
90 Days	0.87%
12 Months	22.65%

276 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in GLBL	Overlap
AAPL	C	2.57%	4.65%	2.57%
ABNB	C	0.01%	0.19%	0.01%
ABT	B	0.09%	0.62%	0.09%
ACI	C	0.02%	0.02%	0.02%
ACN	C	0.65%	0.69%	0.65%
ADBE	C	0.42%	0.75%	0.42%
ADI	D	0.04%	0.35%	0.04%
ADSK	A	0.1%	0.22%	0.1%
AGCO	D	0.01%	0.02%	0.01%
AKAM	D	0.11%	0.04%	0.04%
ALGN	D	0.0%	0.05%	0.0%
ALLY	C	0.02%	0.03%	0.02%
AMAT	F	0.29%	0.47%	0.29%
AMD	F	0.03%	0.69%	0.03%
AMH	D	0.0%	0.04%	0.0%
AMP	A	0.09%	0.2%	0.09%
AMT	D	0.02%	0.27%	0.02%
AMZN	C	0.37%	5.62%	0.37%
ANET	C	0.19%	0.32%	0.19%
ANSS	B	0.0%	0.08%	0.0%
APH	A	0.43%	0.27%	0.27%
APO	B	0.02%	0.19%	0.02%
APP	B	0.0%	0.2%	0.0%
ARE	D	0.01%	0.05%	0.01%
ARES	A	0.0%	0.08%	0.0%
AVB	B	0.01%	0.11%	0.01%
AVGO	D	0.11%	2.4%	0.11%
AXP	A	0.06%	0.54%	0.06%
BAX	D	0.01%	0.05%	0.01%
BBWI	D	0.0%	0.02%	0.0%
BBY	D	0.06%	0.06%	0.06%
BDX	F	0.07%	0.22%	0.07%
BEN	C	0.01%	0.02%	0.01%
BK	A	0.05%	0.18%	0.05%
BLK	C	0.25%	0.48%	0.25%
BRK.A	B	0.73%	1.98%	0.73%
BSX	B	0.02%	0.4%	0.02%
BSY	D	0.01%	0.02%	0.01%
BURL	A	0.01%	0.06%	0.01%
BX	A	0.03%	0.38%	0.03%
BXP	D	0.01%	0.04%	0.01%
CAH	B	0.13%	0.09%	0.09%
CBOE	B	0.24%	0.05%	0.05%
CCI	D	0.01%	0.14%	0.01%
CCL	B	0.01%	0.07%	0.01%
CDNS	B	0.13%	0.29%	0.13%
CDW	F	0.07%	0.09%	0.07%
CG	A	0.01%	0.04%	0.01%
CHTR	C	0.05%	0.1%	0.05%
CI	F	0.18%	0.31%	0.18%
CMCSA	B	0.17%	0.54%	0.17%
CME	A	0.16%	0.27%	0.16%
CMG	B	0.14%	0.25%	0.14%
CNC	D	0.05%	0.1%	0.05%
CNI	D	0.1%	0.18%	0.1%
COF	B	0.1%	0.22%	0.1%
COIN	C	0.01%	0.2%	0.01%
COR	B	0.41%	0.12%	0.12%
COST	B	0.76%	1.31%	0.76%
CPAY	A	0.01%	0.09%	0.01%
CPT	B	0.01%	0.03%	0.01%
CRBG	B	0.01%	0.03%	0.01%
CRM	B	0.06%	1.04%	0.06%
CRWD	B	0.0%	0.24%	0.0%
CSCO	B	1.03%	0.74%	0.74%
CTSH	B	0.2%	0.14%	0.14%
CVS	D	0.16%	0.22%	0.16%
DASH	A	0.01%	0.16%	0.01%
DDOG	A	0.0%	0.12%	0.0%
DELL	C	0.01%	0.13%	0.01%
DFS	B	0.04%	0.12%	0.04%
DG	F	0.01%	0.05%	0.01%
DGX	A	0.11%	0.04%	0.04%
DIS	B	0.1%	0.58%	0.1%
DKNG	B	0.0%	0.06%	0.0%
DKS	C	0.02%	0.05%	0.02%
DLR	B	0.02%	0.17%	0.02%
DLTR	F	0.01%	0.05%	0.01%
DOC	D	0.01%	0.05%	0.01%
DOCU	A	0.0%	0.06%	0.0%
DPZ	C	0.06%	0.05%	0.05%
DRI	B	0.03%	0.08%	0.03%
DT	C	0.0%	0.05%	0.0%
DVA	B	0.01%	0.04%	0.01%
DXCM	D	0.0%	0.09%	0.0%
EA	A	0.2%	0.11%	0.11%
EBAY	D	0.01%	0.1%	0.01%
ELS	C	0.0%	0.03%	0.0%
ELV	F	0.21%	0.29%	0.21%
ENPH	F	0.01%	0.03%	0.01%
ENTG	D	0.0%	0.05%	0.0%
EPAM	C	0.02%	0.06%	0.02%
EQH	B	0.01%	0.04%	0.01%
EQIX	A	0.02%	0.21%	0.02%
EQR	B	0.01%	0.09%	0.01%
ESS	B	0.01%	0.07%	0.01%
EW	C	0.07%	0.12%	0.07%
EXPE	B	0.01%	0.08%	0.01%
EXR	D	0.01%	0.12%	0.01%
FDS	B	0.03%	0.06%	0.03%
FFIV	B	0.16%	0.06%	0.06%
FI	A	0.09%	0.4%	0.09%
FIS	C	0.02%	0.15%	0.02%
FOX	A	0.01%	0.02%	0.01%
FOXA	B	0.01%	0.03%	0.01%
FSLR	F	0.01%	0.04%	0.01%
FTNT	C	0.01%	0.21%	0.01%
GDDY	A	0.25%	0.09%	0.09%
GEHC	F	0.02%	0.12%	0.02%
GEN	B	0.12%	0.05%	0.05%
GLPI	C	0.01%	0.05%	0.01%
GLW	B	0.02%	0.12%	0.02%
GOOG	C	0.94%	2.84%	0.94%
GOOGL	C	1.07%	3.27%	1.07%
GPC	D	0.05%	0.06%	0.05%
GPN	B	0.02%	0.08%	0.02%
GS	A	0.17%	0.56%	0.17%
H	B	0.0%	0.04%	0.0%
HCA	F	0.04%	0.25%	0.04%
HD	A	0.15%	1.25%	0.15%
HLT	A	0.01%	0.18%	0.01%
HMC	F	0.07%	0.12%	0.07%
HOLX	D	0.01%	0.06%	0.01%
HOOD	B	0.0%	0.05%	0.0%
HPE	B	0.04%	0.09%	0.04%
HPQ	B	0.04%	0.11%	0.04%
HSIC	B	0.01%	0.03%	0.01%
HST	C	0.01%	0.04%	0.01%
HUM	C	0.15%	0.14%	0.14%
IBM	C	0.46%	0.59%	0.46%
ICE	C	0.03%	0.29%	0.03%
IDXX	F	0.07%	0.1%	0.07%
INTC	D	0.1%	0.33%	0.1%
INTU	C	0.27%	0.58%	0.27%
INVH	D	0.01%	0.06%	0.01%
IOT	A	0.0%	0.04%	0.0%
IPG	D	0.02%	0.03%	0.02%
IRM	D	0.01%	0.11%	0.01%
ISRG	A	0.25%	0.57%	0.25%
IT	C	0.03%	0.13%	0.03%
JBL	B	0.02%	0.03%	0.02%
JKHY	D	0.07%	0.04%	0.04%
JNPR	F	0.12%	0.04%	0.04%
KEYS	A	0.17%	0.07%	0.07%
KIM	A	0.01%	0.05%	0.01%
KKR	A	0.02%	0.29%	0.02%
KLAC	D	0.14%	0.3%	0.14%
KMX	B	0.02%	0.04%	0.02%
KR	B	0.31%	0.13%	0.13%
LH	C	0.02%	0.06%	0.02%
LKQ	D	0.01%	0.04%	0.01%
LOW	D	0.07%	0.51%	0.07%
LPLA	A	0.05%	0.07%	0.05%
LRCX	F	0.18%	0.35%	0.18%
LVS	C	0.0%	0.06%	0.0%
LYV	A	0.0%	0.06%	0.0%
MA	C	0.71%	1.35%	0.71%
MAA	B	0.01%	0.08%	0.01%
MANH	D	0.04%	0.07%	0.04%
MAR	B	0.01%	0.2%	0.01%
MCD	D	0.42%	0.7%	0.42%
MCHP	D	0.06%	0.11%	0.06%
MCK	B	0.58%	0.29%	0.29%
MCO	B	0.13%	0.22%	0.13%
MDT	D	0.06%	0.35%	0.06%
MELI	D	0.01%	0.45%	0.01%
META	D	2.11%	3.94%	2.11%
MGM	D	0.01%	0.03%	0.01%
MKTX	D	0.02%	0.03%	0.02%
MOH	F	0.06%	0.07%	0.06%
MPWR	F	0.04%	0.14%	0.04%
MRVL	B	0.01%	0.23%	0.01%
MS	A	0.12%	0.5%	0.12%
MSCI	C	0.0%	0.14%	0.0%
MSFT	F	2.3%	4.69%	2.3%
MSI	B	0.65%	0.23%	0.23%
MSTR	C	0.0%	0.15%	0.0%
MTCH	D	0.0%	0.02%	0.0%
MU	D	0.04%	0.35%	0.04%
NDAQ	A	0.01%	0.11%	0.01%
NET	B	0.0%	0.09%	0.0%
NFLX	A	0.54%	1.17%	0.54%
NOW	A	0.01%	0.74%	0.01%
NTAP	C	0.04%	0.08%	0.04%
NTRS	A	0.02%	0.08%	0.02%
NVDA	C	2.53%	5.39%	2.53%
NWSA	B	0.01%	0.03%	0.01%
NXPI	D	0.02%	0.18%	0.02%
O	D	0.02%	0.16%	0.02%
OKTA	C	0.0%	0.04%	0.0%
OMC	C	0.04%	0.07%	0.04%
ON	D	0.01%	0.1%	0.01%
ORCL	B	0.25%	0.98%	0.25%
ORLY	B	0.24%	0.29%	0.24%
PANW	C	0.18%	0.38%	0.18%
PARA	C	0.01%	0.02%	0.01%
PINS	D	0.0%	0.06%	0.0%
PLD	D	0.04%	0.33%	0.04%
PLTR	B	0.0%	0.38%	0.0%
PODD	C	0.0%	0.06%	0.0%
POOL	C	0.03%	0.04%	0.03%
PSA	D	0.09%	0.16%	0.09%
PSTG	D	0.0%	0.05%	0.0%
PTC	A	0.08%	0.09%	0.08%
PYPL	B	0.04%	0.27%	0.04%
QCOM	F	0.32%	0.56%	0.32%
QRVO	F	0.0%	0.02%	0.0%
RBLX	C	0.0%	0.07%	0.0%
RCL	A	0.01%	0.16%	0.01%
REG	B	0.01%	0.03%	0.01%
RJF	A	0.02%	0.11%	0.02%
RMD	C	0.05%	0.11%	0.05%
ROKU	D	0.0%	0.04%	0.0%
ROP	B	0.48%	0.2%	0.2%
ROST	C	0.02%	0.13%	0.02%
SBAC	D	0.01%	0.05%	0.01%
SBUX	A	0.04%	0.35%	0.04%
SCHW	B	0.04%	0.37%	0.04%
SEIC	B	0.02%	0.02%	0.02%
SMCI	F	0.01%	0.05%	0.01%
SNAP	C	0.0%	0.04%	0.0%
SNOW	C	0.0%	0.12%	0.0%
SNPS	B	0.12%	0.26%	0.12%
SOLV	C	0.03%	0.03%	0.03%
SPG	B	0.02%	0.17%	0.02%
SPGI	C	0.04%	0.48%	0.04%
SQ	B	0.02%	0.14%	0.02%
STE	F	0.01%	0.05%	0.01%
STT	A	0.03%	0.09%	0.03%
STX	D	0.01%	0.07%	0.01%
SUI	D	0.01%	0.06%	0.01%
SWKS	F	0.03%	0.04%	0.03%
SYF	B	0.04%	0.08%	0.04%
SYK	C	0.03%	0.41%	0.03%
SYY	B	0.03%	0.13%	0.03%
TD	F	0.12%	0.3%	0.12%
TDY	B	0.06%	0.06%	0.06%
TER	D	0.02%	0.05%	0.02%
TFX	F	0.0%	0.05%	0.0%
TGT	F	0.15%	0.22%	0.15%
TJX	A	0.35%	0.43%	0.35%
TM	D	0.15%	0.55%	0.15%
TOST	B	0.0%	0.05%	0.0%
TRMB	B	0.01%	0.05%	0.01%
TROW	B	0.05%	0.08%	0.05%
TSCO	D	0.06%	0.07%	0.06%
TTD	B	0.0%	0.18%	0.0%
TTWO	A	0.01%	0.09%	0.01%
TW	A	0.0%	0.06%	0.0%
TWLO	A	0.01%	0.05%	0.01%
TXN	C	0.48%	0.58%	0.48%
TYL	B	0.0%	0.14%	0.0%
UDR	B	0.0%	0.04%	0.0%
UHS	D	0.01%	0.05%	0.01%
UL	D	0.27%	0.44%	0.27%
ULTA	F	0.06%	0.09%	0.06%
UNH	C	1.35%	1.71%	1.35%
V	A	1.21%	1.52%	1.21%
VEEV	C	0.05%	0.11%	0.05%
VICI	C	0.02%	0.1%	0.02%
VRSN	F	0.14%	0.04%	0.04%
VTR	C	0.01%	0.08%	0.01%
WBA	F	0.04%	0.02%	0.02%
WBD	C	0.07%	0.07%	0.07%
WDAY	B	0.04%	0.19%	0.04%
WDC	D	0.01%	0.06%	0.01%
WELL	A	0.02%	0.25%	0.02%
WMT	A	0.76%	1.18%	0.76%
WPC	D	0.01%	0.04%	0.01%
WSM	B	0.03%	0.06%	0.03%
WY	D	0.02%	0.07%	0.02%
WYNN	D	0.0%	0.02%	0.0%
YUM	B	0.15%	0.13%	0.13%
ZBH	C	0.01%	0.08%	0.01%
ZBRA	B	0.01%	0.09%	0.01%
ZM	B	0.01%	0.06%	0.01%

QWLD Overweight 334 Positions Relative to GLBL

Symbol	Grade	Weight
LLY	F	1.14%
JNJ	D	1.1%
PG	A	0.95%
NVS	D	0.79%
PEP	F	0.77%
TMUS	B	0.76%
JPM	A	0.6%
VZ	C	0.58%
KO	D	0.56%
WM	A	0.52%
MMC	B	0.51%
XOM	B	0.47%
RSG	A	0.46%
SO	D	0.46%
VRTX	F	0.43%
LMT	D	0.42%
MRK	F	0.42%
CB	C	0.4%
T	A	0.39%
BAC	A	0.39%
DUK	C	0.36%
CAT	B	0.36%
PGR	A	0.35%
ED	D	0.35%
ABBV	D	0.34%
GIS	D	0.33%
CVX	A	0.33%
NOC	D	0.32%
REGN	F	0.31%
GE	D	0.31%
TRV	B	0.3%
WFC	A	0.28%
AZO	C	0.28%
WCN	A	0.27%
ADP	B	0.26%
ACGL	D	0.26%
UNP	C	0.26%
HON	B	0.26%
HSBH	B	0.25%
C	A	0.25%
MFG	B	0.24%
GILD	C	0.24%
K	A	0.23%
BMY	B	0.21%
KHC	F	0.2%
CL	D	0.2%
WEC	A	0.2%
GM	B	0.19%
AJG	B	0.19%
WMB	A	0.19%
CHD	B	0.19%
GD	F	0.18%
PFE	D	0.18%
NKE	D	0.17%
AON	A	0.17%
L	A	0.17%
CHKP	D	0.17%
MPC	D	0.17%
ABBV	D	0.16%
HSY	F	0.16%
TSLA	B	0.16%
AMGN	D	0.16%
TSN	B	0.15%
UTHR	C	0.15%
BAH	F	0.15%
INCY	C	0.15%
ZTS	D	0.15%
TT	A	0.15%
KDP	D	0.14%
PSX	C	0.14%
BRO	B	0.14%
CTAS	B	0.14%
MMM	D	0.14%
SHW	A	0.14%
MUFG	B	0.14%
WRB	A	0.14%
MDLZ	F	0.14%
MKL	A	0.13%
CF	B	0.13%
ITW	B	0.13%
ERIE	D	0.12%
AFL	B	0.12%
E	F	0.12%
NBIX	C	0.11%
KMB	D	0.11%
PCAR	B	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%
CMI	A	0.1%
COP	C	0.1%
PAYX	C	0.1%
SMFG	B	0.1%
DHI	D	0.1%
XEL	A	0.09%
CPB	D	0.09%
LEN	D	0.09%
FANG	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%
F	C	0.09%
ALL	A	0.08%
VLO	C	0.08%
AMCR	D	0.08%
ODFL	B	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%
MNST	C	0.07%
AIG	B	0.07%
UPS	C	0.07%
AEP	D	0.07%
SJM	D	0.07%
BMRN	D	0.07%
PM	B	0.07%
FDX	B	0.07%
LULU	C	0.07%
WTW	B	0.07%
NEE	D	0.06%
TPL	A	0.06%
LNG	B	0.06%
EOG	A	0.06%
EG	C	0.06%
D	C	0.06%
LIN	D	0.06%
TMO	F	0.06%
LOGI	D	0.06%
ROK	B	0.06%
A	D	0.06%
PHM	D	0.06%
DE	A	0.06%
NVR	D	0.06%
BLDR	D	0.05%
MTB	A	0.05%
BTI	B	0.05%
DOV	A	0.05%
VLTO	D	0.05%
ADM	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%
GRMN	B	0.05%
NEM	D	0.04%
WST	C	0.04%
SNA	A	0.04%
SRE	A	0.04%
PKG	A	0.04%
EXPD	D	0.04%
KMI	A	0.04%
CFG	B	0.04%
HUBB	B	0.04%
WAT	B	0.04%
CAG	D	0.04%
MO	A	0.04%
CTVA	C	0.04%
BR	A	0.04%
NUE	C	0.04%
TRGP	B	0.04%
EME	C	0.04%
EIX	B	0.03%
DVN	F	0.03%
AVY	D	0.03%
LYB	F	0.03%
IEX	B	0.03%
GGG	B	0.03%
BG	F	0.03%
ETR	B	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%
HIG	B	0.03%
PNR	A	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%
CSL	C	0.03%
HBAN	A	0.03%
WSO	A	0.03%
EXC	C	0.03%
OC	A	0.03%
PCG	A	0.03%
RF	A	0.03%
OXY	D	0.03%
DOW	F	0.03%
FITB	A	0.03%
HAL	C	0.02%
TTC	D	0.02%
NRG	B	0.02%
EQT	B	0.02%
AOS	F	0.02%
RS	B	0.02%
NMR	B	0.02%
CEG	D	0.02%
DTE	C	0.02%
OVV	B	0.02%
AER	B	0.02%
CINF	A	0.02%
MOS	F	0.02%
AFG	A	0.02%
PFG	D	0.02%
CTRA	B	0.02%
PAYC	B	0.02%
PH	A	0.02%
CARR	D	0.02%
MRO	B	0.02%
NDSN	B	0.02%
URI	B	0.02%
PEG	A	0.02%
IP	B	0.02%
DD	D	0.02%
BKR	B	0.02%
GEV	B	0.02%
ALLE	D	0.02%
STLD	B	0.02%
FCX	D	0.02%
KEY	B	0.02%
LHX	C	0.02%
APA	D	0.02%
WTRG	B	0.01%
CTLT	B	0.01%
VRSK	A	0.01%
RPRX	D	0.01%
MBAVU	D	0.01%
EL	F	0.01%
RPM	A	0.01%
HII	D	0.01%
TRU	D	0.01%
AVTR	F	0.01%
CLX	B	0.01%
MAS	D	0.01%
CE	F	0.01%
MKC	D	0.01%
EFX	F	0.01%
RVTY	F	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%
CHRD	D	0.01%
CCK	C	0.01%
STZ	D	0.01%
TDG	D	0.01%
BALL	D	0.01%
SSNC	B	0.01%
FTV	C	0.01%
AWK	D	0.01%
WFG	D	0.01%
IR	B	0.01%
SE	B	0.01%
EMN	D	0.01%
KNX	B	0.01%
LDOS	C	0.01%
TXT	D	0.01%
OTIS	C	0.01%
IFF	D	0.01%
VMC	B	0.01%
NI	A	0.01%
MLM	B	0.01%
ALB	C	0.01%
IQV	D	0.01%
J	F	0.01%
APTV	D	0.01%
FNF	B	0.01%
PWR	A	0.01%
UBER	D	0.01%
CNP	B	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%
AME	A	0.01%
HES	B	0.01%
WAB	B	0.01%
TAP	C	0.01%
BA	F	0.01%
FE	C	0.01%
ECL	D	0.01%
PPG	F	0.01%
ES	D	0.01%
PPL	B	0.01%
CNH	C	0.01%
GLBE	B	0.0%
XRX	F	0.0%
FUTU	D	0.0%
HEI	B	0.0%
DAY	B	0.0%
EXAS	D	0.0%
GRAB	B	0.0%
TECH	D	0.0%
LII	A	0.0%
HEI	B	0.0%
RIVN	F	0.0%
Z	A	0.0%
LUV	C	0.0%
WLK	D	0.0%
QGEN	D	0.0%
LW	C	0.0%
VRT	B	0.0%
CSGP	D	0.0%
AXON	A	0.0%
CRL	C	0.0%
BIO	D	0.0%
ILMN	D	0.0%
OTEX	D	0.0%
UHAL	D	0.0%
FBIN	D	0.0%

QWLD Underweight 4 Positions Relative to GLBL

Symbol	Grade	Weight
HUBS	A	-0.16%
TEAM	A	-0.12%
MDB	C	-0.07%
ZS	C	-0.05%