QWLD vs. GSPY ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Gotham Enhanced 500 ETF (GSPY)

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

$119.03

Average Daily Volume

6,414

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$28.54

Average Daily Volume

14,279

Number of Holdings ^*

492

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	GSPY
30 Days	0.44%	-0.02%
60 Days	1.08%	2.33%
90 Days	4.71%	4.20%
12 Months	19.67%	27.72%

446 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in GSPY	Overlap
A	C	0.07%	0.03%	0.03%
AAPL	B	1.87%	6.05%	1.87%
ABBV	D	0.14%	0.54%	0.14%
ABBV	D	0.36%	0.54%	0.36%
ABT	F	0.09%	0.4%	0.09%
ACGL	A	0.03%	0.03%	0.03%
ACN	D	0.61%	1.06%	0.61%
ADBE	F	0.41%	0.17%	0.17%
ADI	A	0.05%	0.07%	0.05%
ADM	C	0.04%	0.21%	0.04%
ADP	C	0.25%	0.54%	0.25%
ADSK	F	0.01%	0.03%	0.01%
AEE	B	0.07%	0.02%	0.02%
AEP	A	0.15%	0.03%	0.03%
AES	B	0.01%	0.01%	0.01%
AFL	A	0.1%	0.04%	0.04%
AIG	A	0.08%	0.1%	0.08%
AIZ	C	0.06%	0.01%	0.01%
AJG	C	0.15%	0.04%	0.04%
AKAM	D	0.12%	0.01%	0.01%
ALB	C	0.03%	0.01%	0.01%
ALGN	F	0.01%	0.01%	0.01%
ALL	B	0.1%	0.03%	0.03%
ALLE	D	0.02%	0.01%	0.01%
AMAT	C	0.37%	0.38%	0.37%
AMCR	A	0.1%	0.01%	0.01%
AMD	D	0.05%	0.16%	0.05%
AMGN	B	0.24%	0.12%	0.12%
AMP	C	0.1%	0.09%	0.09%
AMT	D	0.02%	0.06%	0.02%
AMZN	A	0.39%	5.11%	0.39%
ANET	C	0.13%	0.06%	0.06%
AON	D	0.13%	0.31%	0.13%
AOS	C	0.03%	0.08%	0.03%
APA	F	0.0%	0.01%	0.0%
APD	C	0.01%	0.04%	0.01%
APH	A	0.36%	0.14%	0.14%
APTV	C	0.01%	0.02%	0.01%
ARE	D	0.01%	0.01%	0.01%
ATO	B	0.01%	0.01%	0.01%
AVB	A	0.01%	0.02%	0.01%
AVGO	D	0.96%	0.68%	0.68%
AVY	A	0.04%	0.01%	0.01%
AWK	B	0.03%	0.02%	0.02%
AXP	A	0.06%	0.37%	0.06%
AZO	D	0.3%	0.05%	0.05%
BA	F	0.02%	0.08%	0.02%
BAC	A	0.4%	0.64%	0.4%
BALL	B	0.01%	0.12%	0.01%
BAX	F	0.02%	0.01%	0.01%
BBWI	B	0.01%	0.06%	0.01%
BBY	D	0.06%	0.09%	0.06%
BDX	F	0.1%	0.05%	0.05%
BEN	D	0.01%	0.07%	0.01%
BG	B	0.02%	0.08%	0.02%
BIIB	C	0.02%	0.05%	0.02%
BIO	F	0.01%	0.03%	0.01%
BK	A	0.05%	0.09%	0.05%
BKNG	B	0.02%	0.62%	0.02%
BKR	C	0.02%	0.19%	0.02%
BLDR	D	0.06%	0.12%	0.06%
BLK	D	0.21%	0.27%	0.21%
BMY	F	0.23%	0.14%	0.14%
BR	D	0.02%	0.02%	0.02%
BRK.A	C	0.68%	2.13%	0.68%
BRO	C	0.12%	0.15%	0.12%
BSX	A	0.03%	0.08%	0.03%
BWA	B	0.01%	0.05%	0.01%
BX	D	0.03%	0.19%	0.03%
BXP	D	0.0%	0.01%	0.0%
C	A	0.34%	0.26%	0.26%
CAG	B	0.05%	0.08%	0.05%
CAH	F	0.06%	0.16%	0.06%
CARR	A	0.03%	0.04%	0.03%
CAT	C	0.32%	1.09%	0.32%
CB	C	0.26%	0.11%	0.11%
CBOE	C	0.2%	0.01%	0.01%
CBRE	D	0.03%	0.02%	0.02%
CCI	D	0.02%	0.03%	0.02%
CCL	F	0.0%	0.01%	0.0%
CDNS	D	0.15%	0.17%	0.15%
CDW	D	0.04%	0.16%	0.04%
CE	C	0.02%	0.1%	0.02%
CEG	A	0.03%	0.04%	0.03%
CF	F	0.15%	0.01%	0.01%
CFG	A	0.03%	0.04%	0.03%
CHD	A	0.21%	0.02%	0.02%
CHRW	C	0.12%	0.01%	0.01%
CHTR	F	0.03%	0.21%	0.03%
CI	C	0.16%	0.55%	0.16%
CINF	C	0.03%	0.01%	0.01%
CL	A	0.2%	0.42%	0.2%
CLX	D	0.01%	0.01%	0.01%
CMCSA	D	0.15%	0.11%	0.11%
CME	C	0.14%	0.05%	0.05%
CMG	A	0.14%	0.06%	0.06%
CMI	B	0.1%	0.22%	0.1%
CMS	A	0.04%	0.01%	0.01%
CNC	C	0.06%	0.17%	0.06%
CNP	B	0.0%	0.01%	0.0%
COF	C	0.09%	0.08%	0.08%
COP	C	0.3%	0.11%	0.11%
COST	A	0.66%	0.24%	0.24%
CPB	B	0.1%	0.07%	0.07%
CPRT	D	0.1%	0.04%	0.04%
CPT	B	0.01%	0.01%	0.01%
CRM	D	0.05%	1.09%	0.05%
CSCO	D	0.87%	1.18%	0.87%
CSX	D	0.11%	0.36%	0.11%
CTAS	A	0.14%	0.05%	0.05%
CTLT	D	0.01%	0.01%	0.01%
CTRA	B	0.02%	0.02%	0.02%
CTSH	D	0.17%	0.07%	0.07%
CTVA	A	0.04%	0.15%	0.04%
CVS	F	0.13%	0.38%	0.13%
CVX	A	0.3%	0.54%	0.3%
D	A	0.08%	0.03%	0.03%
DAL	A	0.01%	0.03%	0.01%
DD	A	0.03%	0.15%	0.03%
DE	B	0.05%	0.08%	0.05%
DECK	D	0.04%	0.12%	0.04%
DFS	C	0.04%	0.03%	0.03%
DG	D	0.04%	0.02%	0.02%
DGX	B	0.09%	0.01%	0.01%
DHI	D	0.11%	0.04%	0.04%
DHR	C	0.08%	0.4%	0.08%
DIS	D	0.1%	0.14%	0.1%
DLR	C	0.01%	0.03%	0.01%
DLTR	F	0.02%	0.02%	0.02%
DOC	A	0.0%	0.01%	0.0%
DOV	A	0.02%	0.14%	0.02%
DOW	B	0.04%	0.03%	0.03%
DPZ	B	0.11%	0.01%	0.01%
DRI	F	0.02%	0.01%	0.01%
DTE	A	0.03%	0.02%	0.02%
DUK	A	0.32%	0.06%	0.06%
DVA	B	0.01%	0.05%	0.01%
DVN	C	0.07%	0.18%	0.07%
EA	F	0.16%	0.08%	0.08%
EBAY	D	0.02%	0.17%	0.02%
ECL	A	0.02%	0.05%	0.02%
ED	A	0.37%	0.02%	0.02%
EG	C	0.05%	0.01%	0.01%
EIX	A	0.03%	0.02%	0.02%
EL	F	0.02%	0.03%	0.02%
ELV	A	0.14%	0.12%	0.12%
EMN	A	0.0%	0.01%	0.0%
EMR	A	0.05%	0.05%	0.05%
ENPH	F	0.0%	0.01%	0.0%
EOG	C	0.04%	0.12%	0.04%
EPAM	F	0.02%	0.03%	0.02%
EQIX	D	0.02%	0.04%	0.02%
EQR	A	0.02%	0.02%	0.02%
EQT	C	0.03%	0.01%	0.01%
ES	B	0.04%	0.02%	0.02%
ESS	A	0.01%	0.01%	0.01%
ETN	A	0.05%	0.1%	0.05%
ETR	A	0.02%	0.02%	0.02%
ETSY	F	0.0%	0.0%	0.0%
EVRG	B	0.05%	0.01%	0.01%
EW	D	0.09%	0.04%	0.04%
EXC	B	0.03%	0.03%	0.03%
EXPD	D	0.22%	0.01%	0.01%
EXPE	F	0.0%	0.01%	0.0%
EXR	C	0.02%	0.02%	0.02%
F	D	0.12%	0.04%	0.04%
FANG	B	0.01%	0.02%	0.01%
FAST	D	0.09%	0.03%	0.03%
FCX	B	0.03%	0.06%	0.03%
FDS	D	0.03%	0.01%	0.01%
FDX	D	0.06%	0.35%	0.06%
FE	A	0.02%	0.02%	0.02%
FFIV	D	0.12%	0.06%	0.06%
FICO	C	0.01%	0.02%	0.01%
FIS	C	0.03%	0.03%	0.03%
FITB	A	0.03%	0.06%	0.03%
FMC	C	0.01%	0.01%	0.01%
FOXA	B	0.01%	0.01%	0.01%
FSLR	B	0.0%	0.01%	0.0%
FTNT	F	0.11%	0.03%	0.03%
FTV	D	0.0%	0.02%	0.0%
GD	A	0.12%	0.06%	0.06%
GE	A	0.07%	0.14%	0.07%
GEHC	D	0.06%	0.03%	0.03%
GEV	C	0.02%	0.03%	0.02%
GILD	F	0.32%	0.44%	0.32%
GIS	B	0.32%	0.21%	0.21%
GL	F	0.03%	0.01%	0.01%
GLW	B	0.02%	0.02%	0.02%
GM	A	0.23%	0.11%	0.11%
GOOGL	B	1.24%	5.05%	1.24%
GPC	C	0.03%	0.12%	0.03%
GPN	F	0.02%	0.02%	0.02%
GRMN	A	0.05%	0.19%	0.05%
GS	A	0.16%	0.32%	0.16%
GWW	D	0.11%	0.25%	0.11%
HAL	D	0.01%	0.13%	0.01%
HAS	C	0.01%	0.05%	0.01%
HBAN	A	0.03%	0.02%	0.02%
HCA	C	0.04%	0.45%	0.04%
HD	D	0.29%	1.74%	0.29%
HES	B	0.0%	0.03%	0.0%
HIG	C	0.06%	0.03%	0.03%
HII	D	0.02%	0.01%	0.01%
HOLX	D	0.02%	0.01%	0.01%
HON	C	0.25%	0.48%	0.25%
HPE	D	0.03%	0.02%	0.02%
HPQ	C	0.03%	0.18%	0.03%
HRL	B	0.12%	0.1%	0.1%
HSIC	C	0.04%	0.01%	0.01%
HSY	B	0.34%	0.03%	0.03%
HUBB	C	0.03%	0.02%	0.02%
HUM	D	0.17%	0.22%	0.17%
HWM	A	0.01%	0.04%	0.01%
IBM	D	0.47%	0.83%	0.47%
ICE	C	0.04%	0.34%	0.04%
IDXX	D	0.07%	0.03%	0.03%
IEX	D	0.05%	0.01%	0.01%
IFF	A	0.01%	0.02%	0.01%
ILMN	F	0.0%	0.04%	0.0%
INCY	D	0.12%	0.03%	0.03%
INTC	F	0.12%	0.1%	0.1%
INTU	D	0.03%	0.12%	0.03%
IP	C	0.01%	0.08%	0.01%
IPG	D	0.02%	0.07%	0.02%
IQV	D	0.0%	0.03%	0.0%
ISRG	C	0.2%	0.09%	0.09%
ITW	D	0.14%	0.39%	0.14%
J	D	0.0%	0.1%	0.0%
JBHT	F	0.02%	0.01%	0.01%
JBL	F	0.01%	0.09%	0.01%
JCI	B	0.03%	0.03%	0.03%
JKHY	C	0.08%	0.01%	0.01%
JNJ	F	1.15%	1.15%	1.15%
JNPR	D	0.13%	0.01%	0.01%
JPM	A	0.56%	1.26%	0.56%
K	B	0.18%	0.14%	0.14%
KDP	A	0.15%	0.04%	0.04%
KEY	C	0.03%	0.03%	0.03%
KEYS	D	0.21%	0.02%	0.02%
KHC	C	0.23%	0.26%	0.23%
KLAC	B	0.16%	0.21%	0.16%
KMB	B	0.11%	0.3%	0.11%
KMI	A	0.03%	0.03%	0.03%
KMX	D	0.01%	0.01%	0.01%
KO	A	0.56%	1.02%	0.56%
KR	D	0.31%	0.22%	0.22%
KVUE	C	0.02%	0.19%	0.02%
L	A	0.12%	0.1%	0.1%
LDOS	A	0.0%	0.11%	0.0%
LEN	C	0.08%	0.1%	0.08%
LH	D	0.03%	0.01%	0.01%
LHX	A	0.02%	0.03%	0.02%
LIN	D	0.05%	0.15%	0.05%
LKQ	F	0.01%	0.06%	0.01%
LLY	C	1.4%	0.47%	0.47%
LMT	A	0.4%	0.62%	0.4%
LNT	B	0.02%	0.01%	0.01%
LOW	D	0.07%	0.1%	0.07%
LRCX	D	0.28%	0.26%	0.26%
LULU	F	0.09%	0.24%	0.09%
LUV	F	0.0%	0.01%	0.0%
LVS	F	0.0%	0.1%	0.0%
LW	F	0.0%	0.01%	0.0%
LYB	C	0.05%	0.02%	0.02%
MA	D	0.66%	0.91%	0.66%
MCD	F	0.38%	0.49%	0.38%
MCHP	C	0.08%	0.04%	0.04%
MCK	A	0.41%	0.33%	0.33%
MCO	B	0.03%	0.05%	0.03%
MDLZ	C	0.16%	0.21%	0.16%
MDT	C	0.09%	0.08%	0.08%
MET	C	0.05%	0.04%	0.04%
META	D	1.71%	3.09%	1.71%
MGM	D	0.01%	0.01%	0.01%
MKC	C	0.03%	0.05%	0.03%
MKTX	F	0.02%	0.0%	0.0%
MLM	C	0.01%	0.03%	0.01%
MMC	B	0.48%	0.08%	0.08%
MMM	B	0.16%	0.29%	0.16%
MNST	D	0.09%	0.04%	0.04%
MO	A	0.03%	0.49%	0.03%
MOH	D	0.04%	0.11%	0.04%
MOS	F	0.02%	0.01%	0.01%
MPC	D	0.2%	0.05%	0.05%
MPWR	B	0.05%	0.02%	0.02%
MRK	B	0.68%	1.15%	0.68%
MRNA	B	0.05%	0.03%	0.03%
MRO	C	0.01%	0.01%	0.01%
MS	A	0.11%	0.34%	0.11%
MSFT	D	2.34%	7.61%	2.34%
MSI	A	0.47%	0.32%	0.32%
MTB	A	0.03%	0.05%	0.03%
MTCH	F	0.0%	0.05%	0.0%
MU	B	0.08%	0.29%	0.08%
NDSN	A	0.02%	0.01%	0.01%
NEE	B	0.06%	0.11%	0.06%
NEM	B	0.07%	0.03%	0.03%
NFLX	C	0.08%	0.56%	0.08%
NI	A	0.0%	0.01%	0.0%
NKE	F	0.22%	0.49%	0.22%
NOC	C	0.29%	0.15%	0.15%
NRG	A	0.03%	0.09%	0.03%
NSC	D	0.04%	0.04%	0.04%
NTAP	B	0.03%	0.13%	0.03%
NTRS	B	0.01%	0.04%	0.01%
NUE	D	0.05%	0.03%	0.03%
NVDA	B	2.63%	4.12%	2.63%
NVR	D	0.05%	0.02%	0.02%
NWSA	D	0.0%	0.08%	0.0%
NXPI	A	0.03%	0.05%	0.03%
O	B	0.01%	0.03%	0.01%
ODFL	D	0.08%	0.03%	0.03%
OKE	A	0.01%	0.03%	0.01%
OMC	A	0.04%	0.11%	0.04%
ON	F	0.01%	0.02%	0.01%
ORCL	D	0.17%	0.23%	0.17%
ORLY	D	0.2%	0.04%	0.04%
OTIS	D	0.01%	0.22%	0.01%
OXY	C	0.03%	0.04%	0.03%
PANW	C	0.01%	0.07%	0.01%
PARA	C	0.02%	0.04%	0.02%
PAYC	F	0.02%	0.01%	0.01%
PAYX	C	0.11%	0.03%	0.03%
PCAR	D	0.03%	0.3%	0.03%
PCG	B	0.03%	0.08%	0.03%
PEG	A	0.02%	0.03%	0.02%
PEP	B	0.9%	0.18%	0.18%
PFE	C	0.49%	0.12%	0.12%
PFG	C	0.04%	0.02%	0.02%
PG	A	0.98%	0.97%	0.97%
PGR	A	0.3%	0.1%	0.1%
PH	A	0.02%	0.38%	0.02%
PHM	B	0.07%	0.07%	0.07%
PKG	D	0.03%	0.09%	0.03%
PLD	D	0.04%	0.07%	0.04%
PM	A	0.06%	0.89%	0.06%
PNC	B	0.07%	0.13%	0.07%
PNR	B	0.02%	0.01%	0.01%
POOL	D	0.03%	0.01%	0.01%
PPG	D	0.03%	0.02%	0.02%
PPL	A	0.02%	0.02%	0.02%
PRU	A	0.03%	0.23%	0.03%
PSA	C	0.1%	0.03%	0.03%
PSX	D	0.13%	0.33%	0.13%
PTC	D	0.04%	0.01%	0.01%
PWR	A	0.01%	0.03%	0.01%
PYPL	C	0.04%	0.43%	0.04%
QCOM	B	0.42%	1.09%	0.42%
QRVO	F	0.01%	0.05%	0.01%
RCL	A	0.0%	0.03%	0.0%
REGN	C	0.4%	0.08%	0.08%
RF	B	0.03%	0.02%	0.02%
RHI	D	0.02%	0.01%	0.01%
RJF	B	0.02%	0.02%	0.02%
RMD	B	0.06%	0.02%	0.02%
ROK	F	0.05%	0.02%	0.02%
ROL	A	0.07%	0.02%	0.02%
ROP	D	0.45%	0.12%	0.12%
ROST	D	0.03%	0.24%	0.03%
RSG	C	0.46%	0.04%	0.04%
RTX	A	0.09%	0.1%	0.09%
SBAC	F	0.01%	0.02%	0.01%
SBUX	F	0.02%	0.06%	0.02%
SCHW	A	0.05%	0.23%	0.05%
SHW	D	0.03%	0.06%	0.03%
SJM	F	0.13%	0.01%	0.01%
SLB	F	0.02%	0.05%	0.02%
SMCI	D	0.07%	0.26%	0.07%
SNA	D	0.05%	0.09%	0.05%
SNPS	D	0.13%	0.18%	0.13%
SO	A	0.4%	0.06%	0.06%
SOLV	D	0.03%	0.06%	0.03%
SPG	C	0.03%	0.11%	0.03%
SPGI	C	0.05%	0.1%	0.05%
SRE	A	0.03%	0.03%	0.03%
STLD	D	0.06%	0.02%	0.02%
STT	B	0.03%	0.02%	0.02%
STX	C	0.01%	0.01%	0.01%
STZ	C	0.01%	0.03%	0.01%
SWK	F	0.02%	0.07%	0.02%
SWKS	F	0.03%	0.08%	0.03%
SYF	A	0.03%	0.02%	0.02%
SYK	D	0.04%	0.08%	0.04%
SYY	D	0.02%	0.03%	0.02%
T	B	0.31%	0.68%	0.31%
TAP	F	0.01%	0.07%	0.01%
TDY	D	0.04%	0.01%	0.01%
TEL	B	0.06%	0.24%	0.06%
TER	A	0.05%	0.01%	0.01%
TFC	A	0.1%	0.11%	0.1%
TGT	D	0.08%	0.05%	0.05%
TJX	C	0.27%	0.64%	0.27%
TMO	C	0.06%	0.17%	0.06%
TMUS	B	0.4%	0.89%	0.4%
TROW	D	0.07%	0.06%	0.06%
TRV	D	0.25%	0.04%	0.04%
TSCO	C	0.06%	0.02%	0.02%
TSLA	D	0.05%	0.68%	0.05%
TSN	C	0.06%	0.01%	0.01%
TT	A	0.15%	0.31%	0.15%
TTWO	D	0.01%	0.05%	0.01%
TXN	A	0.53%	0.12%	0.12%
TXT	D	0.01%	0.1%	0.01%
TYL	A	0.01%	0.01%	0.01%
UBER	D	0.01%	0.1%	0.01%
UDR	B	0.01%	0.01%	0.01%
UHS	C	0.03%	0.06%	0.03%
ULTA	F	0.07%	0.1%	0.07%
UNH	B	1.18%	0.35%	0.35%
UNP	C	0.26%	0.2%	0.2%
UPS	D	0.23%	0.24%	0.23%
URI	C	0.03%	0.25%	0.03%
USB	D	0.09%	0.14%	0.09%
V	C	1.15%	1.63%	1.15%
VICI	B	0.01%	0.02%	0.01%
VLO	D	0.09%	0.28%	0.09%
VLTO	A	0.04%	0.07%	0.04%
VMC	C	0.01%	0.03%	0.01%
VRSK	B	0.07%	0.02%	0.02%
VRSN	F	0.13%	0.09%	0.09%
VRTX	C	0.4%	0.08%	0.08%
VTR	B	0.01%	0.01%	0.01%
VTRS	D	0.04%	0.01%	0.01%
VZ	D	0.58%	0.9%	0.58%
WAT	C	0.01%	0.01%	0.01%
WBA	F	0.05%	0.01%	0.01%
WBD	F	0.04%	0.04%	0.04%
WDC	B	0.02%	0.01%	0.01%
WEC	B	0.16%	0.02%	0.02%
WELL	A	0.02%	0.04%	0.02%
WFC	A	0.3%	0.46%	0.3%
WM	A	0.57%	0.06%	0.06%
WMB	A	0.13%	0.03%	0.03%
WMT	B	0.58%	0.37%	0.37%
WRB	D	0.12%	0.01%	0.01%
WRK	A	0.02%	0.01%	0.01%
WST	D	0.05%	0.02%	0.02%
WTW	D	0.06%	0.15%	0.06%
WY	D	0.01%	0.02%	0.01%
XEL	C	0.21%	0.02%	0.02%
XOM	B	0.42%	0.89%	0.42%
YUM	D	0.14%	0.16%	0.14%
ZBH	D	0.01%	0.02%	0.01%
ZBRA	A	0.04%	0.01%	0.01%
ZTS	D	0.14%	0.06%	0.06%

QWLD Overweight 93 Positions Relative to GSPY

Symbol	Grade	Weight
GOOG	B	1.11%
NVS	B	0.78%
UL	A	0.27%
TM	D	0.25%
WCN	D	0.24%
MFG	C	0.22%
BAH	A	0.16%
TD	F	0.15%
DEO	D	0.15%
MUFG	C	0.15%
CNI	D	0.14%
NBIX	C	0.13%
CHKP	D	0.13%
SMFG	D	0.12%
ERIE	C	0.12%
STLA	D	0.12%
E	B	0.11%
BCS	A	0.11%
HMC	D	0.11%
MKL	A	0.1%
BMRN	F	0.09%
LYG	A	0.08%
LOGI	D	0.07%
SONY	F	0.07%
UTHR	A	0.06%
MT	F	0.05%
LPLA	C	0.05%
VEEV	D	0.05%
DELL	B	0.04%
BTI	B	0.04%
PXD	B	0.04%
KKR	B	0.03%
VST	A	0.03%
AFG	C	0.03%
CSL	A	0.03%
ALLY	B	0.03%
DKS	D	0.03%
LII	C	0.03%
RS	D	0.03%
HEI	A	0.02%
AGCO	D	0.02%
DINO	D	0.02%
NMR	D	0.02%
SEIC	C	0.02%
WSO	A	0.02%
CLF	F	0.02%
QGEN	B	0.02%
TTC	D	0.02%
UHAL	B	0.02%
LNG	C	0.02%
MANH	D	0.02%
CHK	C	0.02%
OC	A	0.02%
TPL	B	0.02%
FNF	B	0.02%
DAR	D	0.01%
TWLO	D	0.01%
WSM	A	0.01%
SE	B	0.01%
JAZZ	F	0.01%
BURL	D	0.01%
WTRG	B	0.01%
WPC	C	0.01%
FOX	B	0.01%
PCTY	F	0.01%
LBRDK	F	0.01%
SQ	D	0.01%
WFG	D	0.01%
TW	A	0.01%
KNX	D	0.01%
COIN	D	0.01%
ELS	D	0.01%
GGG	D	0.01%
APO	C	0.01%
EQH	A	0.01%
OVV	D	0.01%
LEA	D	0.01%
AER	A	0.01%
MRVL	D	0.01%
ACI	D	0.01%
OTEX	F	0.01%
TRU	B	0.0%
OKTA	D	0.0%
HOOD	D	0.0%
CG	D	0.0%
CCEP	A	0.0%
RIVN	F	0.0%
ZM	F	0.0%
SIRI	F	0.0%
CCK	C	0.0%
RPRX	F	0.0%
AZN	A	0.0%
AVTR	D	0.0%

QWLD Underweight 47 Positions Relative to GSPY

Symbol	Grade	Weight
IR	D	-0.2%
WAB	A	-0.16%
MAS	D	-0.09%
NOW	D	-0.09%
ABNB	D	-0.07%
RL	D	-0.06%
ANSS	D	-0.06%
CZR	F	-0.05%
MAR	D	-0.05%
TDG	A	-0.05%
TPR	D	-0.05%
HLT	D	-0.04%
AME	D	-0.03%
CSGP	C	-0.03%
GNRC	B	-0.03%
MHK	C	-0.03%
DXCM	D	-0.03%
AXON	C	-0.02%
CMA	B	-0.02%
MTD	C	-0.02%
INVH	B	-0.02%
LYV	D	-0.02%
EFX	D	-0.02%
TRGP	C	-0.02%
NDAQ	D	-0.02%
IT	D	-0.02%
XYL	A	-0.02%
MSCI	F	-0.02%
DAY	F	-0.01%
PNW	B	-0.01%
NCLH	F	-0.01%
TFX	F	-0.01%
FRT	C	-0.01%
REG	D	-0.01%
CRL	D	-0.01%
TECH	B	-0.01%
PODD	C	-0.01%
AAL	C	-0.01%
WYNN	D	-0.01%
MAA	B	-0.01%
HST	D	-0.01%
KIM	C	-0.01%
TRMB	D	-0.01%
UAL	B	-0.01%
STE	C	-0.01%
IVZ	D	-0.01%
IRM	C	-0.01%