QWLD vs. IVV ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to iShares Core S&P 500 ETF (IVV)

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

IVV

iShares Core S&P 500 ETF

IVV Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500® (the "underlying index"), which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$598.45

Average Daily Volume

4,277,239

Number of Holdings ^*

502

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	IVV
30 Days	0.82%	3.04%
60 Days	0.23%	4.56%
90 Days	0.87%	6.29%
12 Months	22.65%	32.78%

484 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in IVV	Overlap
	A	D	0.06%	0.07%	0.06%
	AAPL	C	2.57%	6.88%	2.57%
	ABBV	D	0.16%	0.59%	0.16%
	ABBV	D	0.34%	0.59%	0.34%
	ABNB	C	0.01%	0.12%	0.01%
	ABT	B	0.09%	0.41%	0.09%
	ACGL	D	0.26%	0.08%	0.08%
	ACN	C	0.65%	0.45%	0.45%
	ADBE	C	0.42%	0.45%	0.42%
	ADI	D	0.04%	0.21%	0.04%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.26%	0.24%	0.24%
	ADSK	A	0.1%	0.13%	0.1%
	AEE	A	0.09%	0.05%	0.05%
	AEP	D	0.07%	0.1%	0.07%
	AES	F	0.01%	0.02%	0.01%
	AFL	B	0.12%	0.11%	0.11%
	AIG	B	0.07%	0.1%	0.07%
	AIZ	A	0.08%	0.02%	0.02%
	AJG	B	0.19%	0.13%	0.13%
	AKAM	D	0.11%	0.03%	0.03%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	D	0.0%	0.03%	0.0%
	ALL	A	0.08%	0.1%	0.08%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.29%	0.28%	0.28%
	AMCR	D	0.08%	0.03%	0.03%
	AMD	F	0.03%	0.44%	0.03%
	AME	A	0.01%	0.09%	0.01%
	AMGN	D	0.16%	0.31%	0.16%
	AMP	A	0.09%	0.11%	0.09%
	AMT	D	0.02%	0.18%	0.02%
	AMZN	C	0.37%	3.81%	0.37%
	ANET	C	0.19%	0.19%	0.19%
	ANSS	B	0.0%	0.06%	0.0%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APD	A	0.03%	0.14%	0.03%
	APH	A	0.43%	0.17%	0.17%
	APTV	D	0.01%	0.03%	0.01%
	ARE	D	0.01%	0.03%	0.01%
	ATO	A	0.01%	0.05%	0.01%
	AVB	B	0.01%	0.07%	0.01%
	AVGO	D	0.11%	1.54%	0.11%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.01%	0.05%	0.01%
	AXON	A	0.0%	0.09%	0.0%
	AXP	A	0.06%	0.32%	0.06%
	AZO	C	0.28%	0.11%	0.11%
	BA	F	0.01%	0.21%	0.01%
	BAC	A	0.39%	0.63%	0.39%
	BALL	D	0.01%	0.04%	0.01%
	BAX	D	0.01%	0.03%	0.01%
	BBY	D	0.06%	0.04%	0.04%
	BDX	F	0.07%	0.13%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BIIB	F	0.01%	0.05%	0.01%
	BK	A	0.05%	0.12%	0.05%
	BKNG	A	0.03%	0.34%	0.03%
	BKR	B	0.02%	0.09%	0.02%
	BLDR	D	0.05%	0.04%	0.04%
	BLK	C	0.25%	0.29%	0.25%
	BMY	B	0.21%	0.23%	0.21%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.73%	1.73%	0.73%
	BRO	B	0.14%	0.05%	0.05%
	BSX	B	0.02%	0.26%	0.02%
	BX	A	0.03%	0.26%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.26%	0.25%
	CAG	D	0.04%	0.03%	0.03%
	CAH	B	0.13%	0.06%	0.06%
	CARR	D	0.02%	0.13%	0.02%
	CAT	B	0.36%	0.37%	0.36%
	CB	C	0.4%	0.22%	0.22%
	CBOE	B	0.24%	0.04%	0.04%
	CBRE	B	0.03%	0.08%	0.03%
	CCI	D	0.01%	0.09%	0.01%
	CCL	B	0.01%	0.05%	0.01%
	CDNS	B	0.13%	0.16%	0.13%
	CDW	F	0.07%	0.05%	0.05%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.02%	0.14%	0.02%
	CF	B	0.13%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.19%	0.05%	0.05%
	CHRW	C	0.01%	0.03%	0.01%
	CHTR	C	0.05%	0.08%	0.05%
	CI	F	0.18%	0.18%	0.18%
	CINF	A	0.02%	0.05%	0.02%
	CL	D	0.2%	0.15%	0.15%
	CLX	B	0.01%	0.04%	0.01%
	CMCSA	B	0.17%	0.33%	0.17%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.14%	0.16%	0.14%
	CMI	A	0.1%	0.1%	0.1%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.05%	0.06%	0.05%
	CNP	B	0.01%	0.04%	0.01%
	COF	B	0.1%	0.14%	0.1%
	COP	C	0.1%	0.26%	0.1%
	COR	B	0.41%	0.08%	0.08%
	COST	B	0.76%	0.81%	0.76%
	CPAY	A	0.01%	0.05%	0.01%
	CPB	D	0.09%	0.02%	0.02%
	CPRT	A	0.08%	0.1%	0.08%
	CPT	B	0.01%	0.03%	0.01%
	CRL	C	0.0%	0.02%	0.0%
	CRM	B	0.06%	0.63%	0.06%
	CRWD	B	0.0%	0.16%	0.0%
	CSCO	B	1.03%	0.47%	0.47%
	CSGP	D	0.0%	0.06%	0.0%
	CSX	B	0.11%	0.14%	0.11%
	CTAS	B	0.14%	0.15%	0.14%
	CTLT	B	0.01%	0.02%	0.01%
	CTRA	B	0.02%	0.04%	0.02%
	CTSH	B	0.2%	0.08%	0.08%
	CTVA	C	0.04%	0.08%	0.04%
	CVS	D	0.16%	0.13%	0.13%
	CVX	A	0.33%	0.55%	0.33%
	D	C	0.06%	0.1%	0.06%
	DAL	C	0.01%	0.08%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.02%	0.07%	0.02%
	DE	A	0.06%	0.21%	0.06%
	DECK	A	0.05%	0.05%	0.05%
	DELL	C	0.01%	0.08%	0.01%
	DFS	B	0.04%	0.09%	0.04%
	DG	F	0.01%	0.03%	0.01%
	DGX	A	0.11%	0.04%	0.04%
	DHI	D	0.1%	0.1%	0.1%
	DHR	F	0.05%	0.3%	0.05%
	DIS	B	0.1%	0.42%	0.1%
	DLR	B	0.02%	0.11%	0.02%
	DLTR	F	0.01%	0.03%	0.01%
	DOC	D	0.01%	0.03%	0.01%
	DOV	A	0.05%	0.06%	0.05%
	DOW	F	0.03%	0.06%	0.03%
	DPZ	C	0.06%	0.03%	0.03%
	DRI	B	0.03%	0.04%	0.03%
	DTE	C	0.02%	0.05%	0.02%
	DUK	C	0.36%	0.17%	0.17%
	DVA	B	0.01%	0.01%	0.01%
	DVN	F	0.03%	0.05%	0.03%
	DXCM	D	0.0%	0.06%	0.0%
	EA	A	0.2%	0.08%	0.08%
	EBAY	D	0.01%	0.06%	0.01%
	ECL	D	0.01%	0.12%	0.01%
	ED	D	0.35%	0.07%	0.07%
	EFX	F	0.01%	0.06%	0.01%
	EG	C	0.06%	0.03%	0.03%
	EIX	B	0.03%	0.06%	0.03%
	EL	F	0.01%	0.03%	0.01%
	ELV	F	0.21%	0.19%	0.19%
	EMN	D	0.01%	0.02%	0.01%
	EMR	A	0.03%	0.15%	0.03%
	ENPH	F	0.01%	0.02%	0.01%
	EOG	A	0.06%	0.15%	0.06%
	EPAM	C	0.02%	0.03%	0.02%
	EQIX	A	0.02%	0.17%	0.02%
	EQR	B	0.01%	0.05%	0.01%
	EQT	B	0.02%	0.05%	0.02%
	ERIE	D	0.12%	0.02%	0.02%
	ES	D	0.01%	0.04%	0.01%
	ESS	B	0.01%	0.04%	0.01%
	ETN	A	0.03%	0.29%	0.03%
	ETR	B	0.03%	0.06%	0.03%
	EVRG	A	0.01%	0.03%	0.01%
	EW	C	0.07%	0.08%	0.07%
	EXC	C	0.03%	0.08%	0.03%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	B	0.01%	0.05%	0.01%
	EXR	D	0.01%	0.07%	0.01%
	F	C	0.09%	0.09%	0.09%
	FANG	D	0.09%	0.07%	0.07%
	FAST	B	0.09%	0.09%	0.09%
	FCX	D	0.02%	0.12%	0.02%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.07%	0.13%	0.07%
	FE	C	0.01%	0.04%	0.01%
	FFIV	B	0.16%	0.03%	0.03%
	FI	A	0.09%	0.24%	0.09%
	FICO	B	0.05%	0.11%	0.05%
	FIS	C	0.02%	0.1%	0.02%
	FITB	A	0.03%	0.06%	0.03%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.01%	0.02%	0.01%
	FSLR	F	0.01%	0.04%	0.01%
	FTNT	C	0.01%	0.12%	0.01%
	FTV	C	0.01%	0.05%	0.01%
	GD	F	0.18%	0.15%	0.15%
	GDDY	A	0.25%	0.05%	0.05%
	GE	D	0.31%	0.39%	0.31%
	GEHC	F	0.02%	0.08%	0.02%
	GEN	B	0.12%	0.03%	0.03%
	GEV	B	0.02%	0.18%	0.02%
	GILD	C	0.24%	0.22%	0.22%
	GIS	D	0.33%	0.07%	0.07%
	GLW	B	0.02%	0.07%	0.02%
	GM	B	0.19%	0.13%	0.13%
	GOOG	C	0.94%	1.68%	0.94%
	GOOGL	C	1.07%	2.03%	1.07%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.02%	0.06%	0.02%
	GRMN	B	0.05%	0.06%	0.05%
	GS	A	0.17%	0.38%	0.17%
	GWW	B	0.11%	0.11%	0.11%
	HAL	C	0.02%	0.05%	0.02%
	HBAN	A	0.03%	0.05%	0.03%
	HCA	F	0.04%	0.13%	0.04%
	HD	A	0.15%	0.81%	0.15%
	HES	B	0.01%	0.08%	0.01%
	HIG	B	0.03%	0.07%	0.03%
	HII	D	0.01%	0.02%	0.01%
	HLT	A	0.01%	0.12%	0.01%
	HOLX	D	0.01%	0.04%	0.01%
	HON	B	0.26%	0.3%	0.26%
	HPE	B	0.04%	0.06%	0.04%
	HPQ	B	0.04%	0.07%	0.04%
	HRL	D	0.09%	0.02%	0.02%
	HSIC	B	0.01%	0.02%	0.01%
	HST	C	0.01%	0.02%	0.01%
	HSY	F	0.16%	0.05%	0.05%
	HUBB	B	0.04%	0.05%	0.04%
	HUM	C	0.15%	0.07%	0.07%
	HWM	A	0.01%	0.09%	0.01%
	IBM	C	0.46%	0.38%	0.38%
	ICE	C	0.03%	0.18%	0.03%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.01%	0.04%	0.01%
	INCY	C	0.15%	0.02%	0.02%
	INTC	D	0.1%	0.21%	0.1%
	INTU	C	0.27%	0.39%	0.27%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.02%	0.04%	0.02%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.01%	0.07%	0.01%
	IR	B	0.01%	0.08%	0.01%
	IRM	D	0.01%	0.07%	0.01%
	ISRG	A	0.25%	0.38%	0.25%
	IT	C	0.03%	0.08%	0.03%
	ITW	B	0.13%	0.15%	0.13%
	J	F	0.01%	0.04%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.02%	0.03%	0.02%
	JCI	C	0.03%	0.11%	0.03%
	JKHY	D	0.07%	0.03%	0.03%
	JNJ	D	1.1%	0.75%	0.75%
	JNPR	F	0.12%	0.02%	0.02%
	JPM	A	0.6%	1.4%	0.6%
	K	A	0.23%	0.04%	0.04%
	KDP	D	0.14%	0.07%	0.07%
	KEY	B	0.02%	0.04%	0.02%
	KEYS	A	0.17%	0.05%	0.05%
	KHC	F	0.2%	0.06%	0.06%
	KIM	A	0.01%	0.03%	0.01%
	KKR	A	0.02%	0.2%	0.02%
	KLAC	D	0.14%	0.17%	0.14%
	KMB	D	0.11%	0.09%	0.09%
	KMI	A	0.04%	0.11%	0.04%
	KMX	B	0.02%	0.02%	0.02%
	KO	D	0.56%	0.48%	0.48%
	KR	B	0.31%	0.08%	0.08%
	KVUE	A	0.08%	0.09%	0.08%
	L	A	0.17%	0.03%	0.03%
	LDOS	C	0.01%	0.04%	0.01%
	LEN	D	0.09%	0.08%	0.08%
	LH	C	0.02%	0.04%	0.02%
	LHX	C	0.02%	0.09%	0.02%
	LIN	D	0.06%	0.43%	0.06%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	1.14%	1.18%	1.14%
	LMT	D	0.42%	0.23%	0.23%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.07%	0.31%	0.07%
	LRCX	F	0.18%	0.18%	0.18%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.0%	0.04%	0.0%
	LVS	C	0.0%	0.03%	0.0%
	LW	C	0.0%	0.02%	0.0%
	LYB	F	0.03%	0.04%	0.03%
	LYV	A	0.0%	0.04%	0.0%
	MA	C	0.71%	0.87%	0.71%
	MAA	B	0.01%	0.04%	0.01%
	MAR	B	0.01%	0.13%	0.01%
	MAS	D	0.01%	0.03%	0.01%
	MCD	D	0.42%	0.42%	0.42%
	MCHP	D	0.06%	0.07%	0.06%
	MCK	B	0.58%	0.16%	0.16%
	MCO	B	0.13%	0.15%	0.13%
	MDLZ	F	0.14%	0.17%	0.14%
	MDT	D	0.06%	0.23%	0.06%
	MET	A	0.05%	0.1%	0.05%
	META	D	2.11%	2.43%	2.11%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.04%	0.01%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.01%	0.07%	0.01%
	MMC	B	0.51%	0.22%	0.22%
	MMM	D	0.14%	0.14%	0.14%
	MNST	C	0.07%	0.07%	0.07%
	MO	A	0.04%	0.19%	0.04%
	MOH	F	0.06%	0.03%	0.03%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.17%	0.11%	0.11%
	MPWR	F	0.04%	0.06%	0.04%
	MRK	F	0.42%	0.49%	0.42%
	MRNA	F	0.01%	0.03%	0.01%
	MRO	B	0.02%	0.03%	0.02%
	MS	A	0.12%	0.34%	0.12%
	MSCI	C	0.0%	0.09%	0.0%
	MSFT	F	2.3%	6.2%	2.3%
	MSI	B	0.65%	0.16%	0.16%
	MTB	A	0.05%	0.07%	0.05%
	MTCH	D	0.0%	0.02%	0.0%
	MU	D	0.04%	0.21%	0.04%
	NDAQ	A	0.01%	0.07%	0.01%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.06%	0.32%	0.06%
	NEM	D	0.04%	0.09%	0.04%
	NFLX	A	0.54%	0.71%	0.54%
	NI	A	0.01%	0.03%	0.01%
	NKE	D	0.17%	0.19%	0.17%
	NOC	D	0.32%	0.14%	0.14%
	NOW	A	0.01%	0.42%	0.01%
	NRG	B	0.02%	0.04%	0.02%
	NSC	B	0.03%	0.12%	0.03%
	NTAP	C	0.04%	0.05%	0.04%
	NTRS	A	0.02%	0.04%	0.02%
	NUE	C	0.04%	0.07%	0.04%
	NVDA	C	2.53%	7.02%	2.53%
	NVR	D	0.06%	0.06%	0.06%
	NWSA	B	0.01%	0.02%	0.01%
	NXPI	D	0.02%	0.11%	0.02%
	O	D	0.02%	0.1%	0.02%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.03%	0.13%	0.03%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.01%	0.06%	0.01%
	ORCL	B	0.25%	0.59%	0.25%
	ORLY	B	0.24%	0.14%	0.14%
	OTIS	C	0.01%	0.08%	0.01%
	OXY	D	0.03%	0.07%	0.03%
	PANW	C	0.18%	0.25%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.1%	0.09%	0.09%
	PCAR	B	0.11%	0.12%	0.11%
	PCG	A	0.03%	0.09%	0.03%
	PEG	A	0.02%	0.09%	0.02%
	PEP	F	0.77%	0.44%	0.44%
	PFE	D	0.18%	0.28%	0.18%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.95%	0.8%	0.8%
	PGR	A	0.35%	0.3%	0.3%
	PH	A	0.02%	0.18%	0.02%
	PHM	D	0.06%	0.05%	0.05%
	PKG	A	0.04%	0.04%	0.04%
	PLD	D	0.04%	0.21%	0.04%
	PLTR	B	0.0%	0.27%	0.0%
	PM	B	0.07%	0.4%	0.07%
	PNC	B	0.1%	0.17%	0.1%
	PNR	A	0.03%	0.04%	0.03%
	PODD	C	0.0%	0.04%	0.0%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.01%	0.06%	0.01%
	PPL	B	0.01%	0.05%	0.01%
	PRU	A	0.05%	0.09%	0.05%
	PSA	D	0.09%	0.11%	0.09%
	PSX	C	0.14%	0.11%	0.11%
	PTC	A	0.08%	0.05%	0.05%
	PWR	A	0.01%	0.1%	0.01%
	PYPL	B	0.04%	0.18%	0.04%
	QCOM	F	0.32%	0.36%	0.32%
	QRVO	F	0.0%	0.01%	0.0%
	RCL	A	0.01%	0.11%	0.01%
	REG	B	0.01%	0.02%	0.01%
	REGN	F	0.31%	0.16%	0.16%
	RF	A	0.03%	0.05%	0.03%
	RJF	A	0.02%	0.06%	0.02%
	RMD	C	0.05%	0.07%	0.05%
	ROK	B	0.06%	0.07%	0.06%
	ROL	B	0.08%	0.03%	0.03%
	ROP	B	0.48%	0.12%	0.12%
	ROST	C	0.02%	0.09%	0.02%
	RSG	A	0.46%	0.09%	0.09%
	RTX	C	0.09%	0.32%	0.09%
	RVTY	F	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.05%	0.01%
	SBUX	A	0.04%	0.22%	0.04%
	SCHW	B	0.04%	0.24%	0.04%
	SHW	A	0.14%	0.18%	0.14%
	SJM	D	0.07%	0.02%	0.02%
	SLB	C	0.03%	0.12%	0.03%
	SMCI	F	0.01%	0.02%	0.01%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.12%	0.16%	0.12%
	SO	D	0.46%	0.19%	0.19%
	SOLV	C	0.03%	0.02%	0.02%
	SPG	B	0.02%	0.11%	0.02%
	SPGI	C	0.04%	0.32%	0.04%
	SRE	A	0.04%	0.12%	0.04%
	STE	F	0.01%	0.04%	0.01%
	STLD	B	0.02%	0.04%	0.02%
	STT	A	0.03%	0.06%	0.03%
	STX	D	0.01%	0.04%	0.01%
	STZ	D	0.01%	0.07%	0.01%
	SW	A	0.03%	0.05%	0.03%
	SWK	D	0.01%	0.03%	0.01%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.05%	0.04%
	SYK	C	0.03%	0.27%	0.03%
	SYY	B	0.03%	0.07%	0.03%
	T	A	0.39%	0.33%	0.33%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.14%	0.01%
	TDY	B	0.06%	0.04%	0.04%
	TECH	D	0.0%	0.02%	0.0%
	TER	D	0.02%	0.03%	0.02%
	TFC	A	0.09%	0.13%	0.09%
	TFX	F	0.0%	0.02%	0.0%
	TGT	F	0.15%	0.14%	0.14%
	TJX	A	0.35%	0.27%	0.27%
	TMO	F	0.06%	0.39%	0.06%
	TMUS	B	0.76%	0.23%	0.23%
	TRGP	B	0.04%	0.09%	0.04%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.3%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	0.16%	1.79%	0.16%
	TSN	B	0.15%	0.04%	0.04%
	TT	A	0.15%	0.18%	0.15%
	TTWO	A	0.01%	0.06%	0.01%
	TXN	C	0.48%	0.37%	0.37%
	TXT	D	0.01%	0.03%	0.01%
	TYL	B	0.0%	0.05%	0.0%
	UBER	D	0.01%	0.31%	0.01%
	UDR	B	0.0%	0.03%	0.0%
	UHS	D	0.01%	0.02%	0.01%
	ULTA	F	0.06%	0.04%	0.04%
	UNH	C	1.35%	1.1%	1.1%
	UNP	C	0.26%	0.29%	0.26%
	UPS	C	0.07%	0.2%	0.07%
	URI	B	0.02%	0.11%	0.02%
	USB	A	0.09%	0.16%	0.09%
	V	A	1.21%	1.04%	1.04%
	VICI	C	0.02%	0.07%	0.02%
	VLO	C	0.08%	0.09%	0.08%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.01%	0.07%	0.01%
	VRSK	A	0.01%	0.08%	0.01%
	VRSN	F	0.14%	0.03%	0.03%
	VRTX	F	0.43%	0.24%	0.24%
	VST	B	0.01%	0.1%	0.01%
	VTR	C	0.01%	0.05%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.58%	0.35%	0.35%
	WAB	B	0.01%	0.07%	0.01%
	WAT	B	0.04%	0.04%	0.04%
	WBA	F	0.04%	0.01%	0.01%
	WBD	C	0.07%	0.04%	0.04%
	WDC	D	0.01%	0.04%	0.01%
	WEC	A	0.2%	0.06%	0.06%
	WELL	A	0.02%	0.16%	0.02%
	WFC	A	0.28%	0.51%	0.28%
	WM	A	0.52%	0.16%	0.16%
	WMB	A	0.19%	0.14%	0.14%
	WMT	A	0.76%	0.74%	0.74%
	WRB	A	0.14%	0.04%	0.04%
	WST	C	0.04%	0.05%	0.04%
	WTW	B	0.07%	0.06%	0.06%
	WY	D	0.02%	0.05%	0.02%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	A	0.09%	0.08%	0.08%
	XOM	B	0.47%	1.07%	0.47%
	XYL	D	0.01%	0.06%	0.01%
	YUM	B	0.15%	0.08%	0.08%
	ZBH	C	0.01%	0.05%	0.01%
	ZBRA	B	0.01%	0.04%	0.01%
	ZTS	D	0.15%	0.16%	0.15%

QWLD Overweight 126 Positions Relative to IVV

	Symbol	Grade	Weight
	NVS	D	0.79%
	UL	D	0.27%
	WCN	A	0.27%
	HSBH	B	0.25%
	MFG	B	0.24%
	CHKP	D	0.17%
	TM	D	0.15%
	UTHR	C	0.15%
	BAH	F	0.15%
	MUFG	B	0.14%
	MKL	A	0.13%
	TD	F	0.12%
	E	F	0.12%
	NBIX	C	0.11%
	BCS	C	0.11%
	FCNCA	A	0.11%
	DEO	F	0.11%
	CNI	D	0.1%
	SMFG	B	0.1%
	LYG	F	0.09%
	SONY	B	0.08%
	STLA	F	0.08%
	HMC	F	0.07%
	BMRN	D	0.07%
	TPL	A	0.06%
	LNG	B	0.06%
	LOGI	D	0.06%
	VEEV	C	0.05%
	LPLA	A	0.05%
	BTI	B	0.05%
	DINO	D	0.05%
	MT	B	0.05%
	MANH	D	0.04%
	WDAY	B	0.04%
	EME	C	0.04%
	GGG	B	0.03%
	CSL	C	0.03%
	WSO	A	0.03%
	OC	A	0.03%
	WSM	B	0.03%
	ALLY	C	0.02%
	TTC	D	0.02%
	ACI	C	0.02%
	SQ	B	0.02%
	APO	B	0.02%
	RS	B	0.02%
	SEIC	B	0.02%
	NMR	B	0.02%
	OVV	B	0.02%
	AER	B	0.02%
	AFG	A	0.02%
	DKS	C	0.02%
	DASH	A	0.01%
	WTRG	B	0.01%
	RPRX	D	0.01%
	MBAVU	D	0.01%
	GLPI	C	0.01%
	RPM	A	0.01%
	TRU	D	0.01%
	AVTR	F	0.01%
	SUI	D	0.01%
	BURL	A	0.01%
	WPC	D	0.01%
	TWLO	A	0.01%
	CG	A	0.01%
	COIN	C	0.01%
	CCEP	C	0.01%
	ACM	A	0.01%
	ZM	B	0.01%
	CHRD	D	0.01%
	CCK	C	0.01%
	AGCO	D	0.01%
	SSNC	B	0.01%
	WFG	D	0.01%
	SE	B	0.01%
	KNX	B	0.01%
	BSY	D	0.01%
	MRVL	B	0.01%
	EQH	B	0.01%
	FNF	B	0.01%
	CRBG	B	0.01%
	MELI	D	0.01%
	CNH	C	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%
	H	B	0.0%
	PSTG	D	0.0%
	FUTU	D	0.0%
	HEI	B	0.0%
	PINS	D	0.0%
	DT	C	0.0%
	SNOW	C	0.0%
	DOCU	A	0.0%
	EXAS	D	0.0%
	GRAB	B	0.0%
	ROKU	D	0.0%
	OKTA	C	0.0%
	MSTR	C	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%
	WLK	D	0.0%
	QGEN	D	0.0%
	VRT	B	0.0%
	APP	B	0.0%
	BBWI	D	0.0%
	BIO	D	0.0%
	ILMN	D	0.0%
	OTEX	D	0.0%
	AMH	D	0.0%
	UHAL	D	0.0%
	ARES	A	0.0%
	FBIN	D	0.0%

QWLD Underweight 19 Positions Relative to IVV

	Symbol	Grade	Weight
	TEL	B	-0.09%
	UAL	A	-0.06%
	MTD	D	-0.05%
	COO	D	-0.04%
	TPR	B	-0.03%
	BWA	D	-0.02%
	IVZ	B	-0.02%
	CZR	F	-0.02%
	HAS	D	-0.02%
	RL	B	-0.02%
	FRT	B	-0.02%
	GL	B	-0.02%
	PNW	B	-0.02%
	GNRC	B	-0.02%
	NCLH	B	-0.02%
	AMTM	D	-0.01%
	NWS	B	-0.01%
	FMC	D	-0.01%
	MHK	D	-0.01%

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

IVV: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Medical Instruments & Supplies Packaged Foods Medical Devices Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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