QWLD vs. IYY ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to iShares Dow Jones U.S. ETF (IYY)

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

$120.29

Average Daily Volume

5,208

Number of Holdings ^*

611

* may have additional holdings in another (foreign) market

IYY

iShares Dow Jones U.S. ETF

IYY Description

The investment seeks to track the investment results of a broad-based index composed of 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 Dow Jones U.S. Index (the "underlying index"), which measures the performance of the broad U.S. equity market. The underlying index is comprised of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.

Grade (RS Rating)

Last Trade

$132.26

Average Daily Volume

20,687

Number of Holdings ^*

1071

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	IYY
30 Days	0.45%	2.68%
60 Days	4.96%	8.70%
90 Days	1.69%	3.97%
12 Months	18.87%	25.81%

582 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in IYY	Overlap
A	C	0.07%	0.08%	0.07%
AAPL	B	2.54%	6.15%	2.54%
ABBV	B	0.17%	0.6%	0.17%
ABBV	B	0.37%	0.6%	0.37%
ABNB	C	0.01%	0.13%	0.01%
ABT	C	0.09%	0.36%	0.09%
ACGL	A	0.26%	0.07%	0.07%
ACI	F	0.02%	0.02%	0.02%
ACM	C	0.01%	0.02%	0.01%
ACN	C	0.55%	0.35%	0.35%
ADBE	C	0.45%	0.47%	0.45%
ADI	B	0.04%	0.23%	0.04%
ADM	C	0.05%	0.06%	0.05%
ADP	B	0.22%	0.2%	0.2%
ADSK	B	0.08%	0.1%	0.08%
AEE	D	0.07%	0.04%	0.04%
AEP	C	0.07%	0.09%	0.07%
AES	C	0.01%	0.02%	0.01%
AFG	C	0.02%	0.02%	0.02%
AFL	A	0.1%	0.09%	0.09%
AGCO	F	0.01%	0.01%	0.01%
AIG	C	0.07%	0.1%	0.07%
AIZ	D	0.06%	0.02%	0.02%
AJG	A	0.17%	0.11%	0.11%
AKAM	F	0.12%	0.03%	0.03%
ALB	F	0.01%	0.02%	0.01%
ALGN	F	0.01%	0.03%	0.01%
ALL	D	0.06%	0.08%	0.06%
ALLE	D	0.02%	0.02%	0.02%
ALLY	B	0.02%	0.02%	0.02%
AMAT	B	0.44%	0.41%	0.41%
AMCR	B	0.08%	0.03%	0.03%
AMD	B	0.04%	0.49%	0.04%
AME	D	0.01%	0.08%	0.01%
AMGN	B	0.18%	0.32%	0.18%
AMH	C	0.0%	0.02%	0.0%
AMP	A	0.08%	0.09%	0.08%
AMT	B	0.02%	0.18%	0.02%
AMZN	A	0.34%	3.31%	0.34%
ANET	B	0.18%	0.17%	0.17%
ANSS	C	0.01%	0.06%	0.01%
AON	C	0.14%	0.12%	0.12%
AOS	C	0.02%	0.02%	0.02%
APA	F	0.03%	0.02%	0.02%
APD	B	0.03%	0.12%	0.03%
APH	B	0.44%	0.17%	0.17%
APO	A	0.01%	0.1%	0.01%
APP	B	0.0%	0.03%	0.0%
APTV	D	0.02%	0.04%	0.02%
ARE	C	0.01%	0.04%	0.01%
ARES	D	0.0%	0.05%	0.0%
ATO	B	0.01%	0.04%	0.01%
AVB	A	0.01%	0.06%	0.01%
AVGO	B	0.13%	1.57%	0.13%
AVTR	D	0.01%	0.03%	0.01%
AVY	A	0.03%	0.04%	0.03%
AWK	B	0.01%	0.05%	0.01%
AXON	C	0.0%	0.04%	0.0%
AXP	C	0.05%	0.26%	0.05%
AZO	C	0.28%	0.1%	0.1%
BA	D	0.02%	0.2%	0.02%
BAC	B	0.35%	0.54%	0.35%
BAH	B	0.16%	0.04%	0.04%
BALL	D	0.01%	0.04%	0.01%
BAX	D	0.01%	0.03%	0.01%
BBWI	D	0.01%	0.02%	0.01%
BBY	B	0.06%	0.04%	0.04%
BDX	C	0.08%	0.13%	0.08%
BEN	D	0.01%	0.01%	0.01%
BG	C	0.03%	0.03%	0.03%
BIIB	C	0.02%	0.06%	0.02%
BIO	D	0.0%	0.01%	0.0%
BK	B	0.04%	0.09%	0.04%
BKNG	A	0.02%	0.27%	0.02%
BKR	C	0.02%	0.06%	0.02%
BLDR	F	0.04%	0.04%	0.04%
BLK	B	0.2%	0.22%	0.2%
BMRN	C	0.1%	0.03%	0.03%
BMY	D	0.16%	0.16%	0.16%
BR	B	0.04%	0.05%	0.04%
BRK.A	C	0.66%	1.47%	0.66%
BRO	A	0.12%	0.04%	0.04%
BSX	A	0.02%	0.22%	0.02%
BSY	C	0.01%	0.02%	0.01%
BURL	A	0.01%	0.03%	0.01%
BX	C	0.02%	0.18%	0.02%
BXP	C	0.01%	0.02%	0.01%
C	D	0.23%	0.23%	0.23%
CAG	D	0.04%	0.03%	0.03%
CAH	B	0.12%	0.05%	0.05%
CARR	B	0.02%	0.11%	0.02%
CAT	C	0.32%	0.33%	0.32%
CB	B	0.38%	0.21%	0.21%
CBRE	B	0.02%	0.05%	0.02%
CCI	D	0.01%	0.08%	0.01%
CCK	D	0.01%	0.02%	0.01%
CCL	C	0.0%	0.03%	0.0%
CDNS	B	0.16%	0.18%	0.16%
CDW	C	0.1%	0.06%	0.06%
CE	D	0.01%	0.03%	0.01%
CEG	B	0.02%	0.14%	0.02%
CF	D	0.12%	0.03%	0.03%
CFG	C	0.03%	0.03%	0.03%
CFLT	F	0.0%	0.01%	0.0%
CG	C	0.01%	0.02%	0.01%
CHD	A	0.2%	0.05%	0.05%
CHK	D	0.02%	0.02%	0.02%
CHRD	D	0.01%	0.02%	0.01%
CHRW	B	0.01%	0.02%	0.01%
CHTR	C	0.04%	0.05%	0.04%
CI	C	0.19%	0.19%	0.19%
CINF	C	0.01%	0.04%	0.01%
CL	A	0.21%	0.16%	0.16%
CLF	F	0.02%	0.01%	0.01%
CLX	D	0.01%	0.03%	0.01%
CMCSA	D	0.15%	0.29%	0.15%
CME	D	0.15%	0.14%	0.14%
CMG	B	0.15%	0.19%	0.15%
CMI	C	0.08%	0.07%	0.07%
CMS	D	0.04%	0.03%	0.03%
CNC	D	0.06%	0.07%	0.06%
CNH	F	0.02%	0.02%	0.02%
CNP	A	0.01%	0.04%	0.01%
COF	D	0.08%	0.1%	0.08%
COIN	C	0.01%	0.08%	0.01%
COP	D	0.1%	0.26%	0.1%
COST	B	0.76%	0.76%	0.76%
CPAY	D	0.01%	0.04%	0.01%
CPB	C	0.09%	0.02%	0.02%
CPRT	C	0.08%	0.09%	0.08%
CPT	A	0.0%	0.02%	0.0%
CRL	D	0.0%	0.02%	0.0%
CRM	D	0.04%	0.44%	0.04%
CRWD	B	0.0%	0.18%	0.0%
CSCO	C	0.85%	0.37%	0.37%
CSGP	F	0.0%	0.06%	0.0%
CSL	B	0.03%	0.04%	0.03%
CSX	D	0.11%	0.13%	0.11%
CTAS	A	0.12%	0.12%	0.12%
CTLT	B	0.01%	0.02%	0.01%
CTRA	D	0.02%	0.04%	0.02%
CTSH	C	0.18%	0.07%	0.07%
CTVA	C	0.04%	0.07%	0.04%
CVS	C	0.19%	0.15%	0.15%
CVX	C	0.32%	0.53%	0.32%
CZR	C	0.01%	0.02%	0.01%
D	D	0.05%	0.08%	0.05%
DAL	D	0.01%	0.06%	0.01%
DASH	C	0.0%	0.07%	0.0%
DAY	F	0.0%	0.02%	0.0%
DD	B	0.02%	0.07%	0.02%
DDOG	C	0.0%	0.07%	0.0%
DE	D	0.06%	0.2%	0.06%
DECK	B	0.05%	0.05%	0.05%
DELL	B	0.01%	0.08%	0.01%
DFS	B	0.03%	0.06%	0.03%
DG	D	0.02%	0.06%	0.02%
DGX	B	0.1%	0.03%	0.03%
DHI	C	0.09%	0.08%	0.08%
DHR	B	0.06%	0.33%	0.06%
DINO	D	0.06%	0.02%	0.02%
DIS	C	0.09%	0.37%	0.09%
DKNG	C	0.0%	0.04%	0.0%
DKS	B	0.03%	0.03%	0.03%
DLR	B	0.02%	0.1%	0.02%
DLTR	F	0.02%	0.04%	0.02%
DOC	B	0.01%	0.03%	0.01%
DOCU	C	0.0%	0.02%	0.0%
DOV	B	0.04%	0.05%	0.04%
DOW	D	0.05%	0.08%	0.05%
DPZ	B	0.08%	0.04%	0.04%
DRI	C	0.03%	0.04%	0.03%
DT	F	0.0%	0.02%	0.0%
DTE	C	0.02%	0.04%	0.02%
DUK	C	0.33%	0.15%	0.15%
DVA	B	0.01%	0.02%	0.01%
DVN	D	0.03%	0.06%	0.03%
DXCM	C	0.0%	0.09%	0.0%
EA	B	0.17%	0.07%	0.07%
EBAY	A	0.01%	0.06%	0.01%
ECL	A	0.01%	0.12%	0.01%
ED	D	0.34%	0.06%	0.06%
EFX	B	0.01%	0.06%	0.01%
EG	B	0.06%	0.03%	0.03%
EIX	D	0.02%	0.05%	0.02%
EL	F	0.01%	0.05%	0.01%
ELS	C	0.0%	0.02%	0.0%
ELV	B	0.28%	0.24%	0.24%
EME	B	0.04%	0.04%	0.04%
EMN	B	0.01%	0.02%	0.01%
EMR	C	0.03%	0.12%	0.03%
ENPH	D	0.03%	0.03%	0.03%
ENTG	B	0.0%	0.04%	0.0%
EOG	C	0.05%	0.14%	0.05%
EPAM	D	0.02%	0.02%	0.02%
EQH	A	0.01%	0.03%	0.01%
EQIX	C	0.01%	0.14%	0.01%
EQR	A	0.01%	0.05%	0.01%
EQT	D	0.01%	0.03%	0.01%
ERIE	C	0.11%	0.02%	0.02%
ES	D	0.01%	0.04%	0.01%
ESS	B	0.01%	0.04%	0.01%
ETN	D	0.03%	0.26%	0.03%
ETR	D	0.02%	0.04%	0.02%
ETSY	F	0.0%	0.01%	0.0%
EVRG	D	0.01%	0.02%	0.01%
EW	B	0.09%	0.11%	0.09%
EXAS	D	0.0%	0.02%	0.0%
EXC	D	0.03%	0.07%	0.03%
EXPD	B	0.04%	0.04%	0.04%
EXPE	B	0.01%	0.03%	0.01%
EXR	A	0.01%	0.07%	0.01%
F	D	0.1%	0.09%	0.09%
FANG	C	0.1%	0.07%	0.07%
FAST	C	0.08%	0.07%	0.07%
FCNCA	D	0.08%	0.04%	0.04%
FCX	C	0.03%	0.13%	0.03%
FDS	C	0.02%	0.03%	0.02%
FDX	C	0.06%	0.11%	0.06%
FE	D	0.01%	0.04%	0.01%
FFIV	D	0.12%	0.02%	0.02%
FICO	A	0.03%	0.07%	0.03%
FIS	B	0.02%	0.09%	0.02%
FITB	C	0.03%	0.05%	0.03%
FNF	C	0.01%	0.03%	0.01%
FOX	A	0.0%	0.01%	0.0%
FOXA	A	0.01%	0.02%	0.01%
FSLR	C	0.01%	0.06%	0.01%
FTNT	F	0.0%	0.07%	0.0%
FTV	D	0.01%	0.05%	0.01%
GD	A	0.19%	0.13%	0.13%
GDDY	B	0.19%	0.04%	0.04%
GE	B	0.3%	0.35%	0.3%
GEHC	C	0.02%	0.07%	0.02%
GEV	B	0.01%	0.1%	0.01%
GGG	D	0.02%	0.03%	0.02%
GILD	C	0.18%	0.16%	0.16%
GIS	C	0.35%	0.08%	0.08%
GLPI	B	0.01%	0.02%	0.01%
GLW	A	0.02%	0.06%	0.02%
GM	B	0.16%	0.11%	0.11%
GOOG	A	0.99%	1.72%	0.99%
GOOGL	A	1.12%	2.04%	1.12%
GPC	D	0.06%	0.04%	0.04%
GPN	F	0.02%	0.05%	0.02%
GRMN	B	0.04%	0.05%	0.04%
GS	B	0.14%	0.3%	0.14%
GWW	C	0.09%	0.08%	0.08%
H	C	0.0%	0.01%	0.0%
HAL	D	0.02%	0.06%	0.02%
HBAN	C	0.02%	0.04%	0.02%
HCA	A	0.04%	0.13%	0.04%
HD	B	0.13%	0.7%	0.13%
HEI	B	0.0%	0.02%	0.0%
HEI	B	0.0%	0.02%	0.0%
HEI	B	0.0%	0.03%	0.0%
HEI	B	0.0%	0.03%	0.0%
HES	D	0.01%	0.08%	0.01%
HIG	A	0.03%	0.06%	0.03%
HII	D	0.01%	0.02%	0.01%
HLT	A	0.01%	0.11%	0.01%
HOLX	C	0.01%	0.03%	0.01%
HON	A	0.25%	0.28%	0.25%
HOOD	B	0.0%	0.02%	0.0%
HPE	B	0.04%	0.06%	0.04%
HPQ	B	0.04%	0.06%	0.04%
HRL	D	0.1%	0.02%	0.02%
HSIC	D	0.01%	0.02%	0.01%
HST	C	0.01%	0.03%	0.01%
HSY	F	0.17%	0.05%	0.05%
HUBB	C	0.04%	0.04%	0.04%
HUM	C	0.2%	0.08%	0.08%
HWM	B	0.01%	0.06%	0.01%
IBM	C	0.4%	0.31%	0.31%
ICE	A	0.03%	0.15%	0.03%
IDXX	D	0.09%	0.08%	0.08%
IEX	D	0.02%	0.03%	0.02%
IFF	B	0.01%	0.05%	0.01%
ILMN	F	0.0%	0.03%	0.0%
INCY	B	0.12%	0.02%	0.02%
INTC	F	0.13%	0.26%	0.13%
INTU	C	0.24%	0.34%	0.24%
INVH	A	0.01%	0.04%	0.01%
IOT	F	0.0%	0.01%	0.0%
IP	A	0.02%	0.03%	0.02%
IPG	F	0.02%	0.02%	0.02%
IQV	D	0.01%	0.08%	0.01%
IR	B	0.01%	0.08%	0.01%
IRM	A	0.01%	0.05%	0.01%
ISRG	A	0.22%	0.3%	0.22%
IT	C	0.03%	0.07%	0.03%
ITW	D	0.13%	0.13%	0.13%
J	C	0.01%	0.03%	0.01%
JBHT	F	0.02%	0.03%	0.02%
JBL	F	0.02%	0.03%	0.02%
JCI	B	0.02%	0.09%	0.02%
JKHY	C	0.06%	0.02%	0.02%
JNJ	C	1.08%	0.69%	0.69%
JNPR	B	0.12%	0.02%	0.02%
JPM	B	0.51%	1.13%	0.51%
K	D	0.17%	0.03%	0.03%
KDP	A	0.16%	0.07%	0.07%
KEY	D	0.02%	0.02%	0.02%
KEYS	D	0.16%	0.05%	0.05%
KHC	D	0.21%	0.05%	0.05%
KIM	B	0.01%	0.02%	0.01%
KKR	B	0.02%	0.15%	0.02%
KLAC	B	0.21%	0.23%	0.21%
KMB	A	0.12%	0.09%	0.09%
KMI	A	0.03%	0.08%	0.03%
KMX	C	0.01%	0.02%	0.01%
KNX	C	0.01%	0.02%	0.01%
KO	A	0.59%	0.48%	0.48%
KR	D	0.29%	0.07%	0.07%
KVUE	D	0.07%	0.07%	0.07%
L	C	0.16%	0.03%	0.03%
LDOS	B	0.01%	0.04%	0.01%
LEN	D	0.08%	0.0%	0.0%
LEN	D	0.08%	0.07%	0.07%
LHX	A	0.02%	0.08%	0.02%
LII	A	0.0%	0.03%	0.0%
LIN	B	0.06%	0.42%	0.06%
LKQ	F	0.01%	0.02%	0.01%
LLY	B	1.42%	1.41%	1.41%
LMT	A	0.37%	0.2%	0.2%
LNG	B	0.04%	0.08%	0.04%
LNT	C	0.02%	0.03%	0.02%
LOW	C	0.07%	0.26%	0.07%
LPLA	B	0.04%	0.04%	0.04%
LRCX	B	0.29%	0.28%	0.28%
LSCC	F	0.02%	0.02%	0.02%
LULU	F	0.07%	0.07%	0.07%
LUV	B	0.0%	0.03%	0.0%
LVS	C	0.0%	0.03%	0.0%
LW	C	0.0%	0.02%	0.0%
LYB	D	0.03%	0.05%	0.03%
LYV	C	0.0%	0.03%	0.0%
MA	C	0.64%	0.73%	0.64%
MAA	B	0.01%	0.03%	0.01%
MANH	B	0.03%	0.03%	0.03%
MAR	B	0.01%	0.12%	0.01%
MAS	D	0.01%	0.03%	0.01%
MCD	D	0.37%	0.36%	0.36%
MCHP	C	0.09%	0.1%	0.09%
MCK	A	0.59%	0.16%	0.16%
MCO	A	0.12%	0.13%	0.12%
MDLZ	D	0.15%	0.18%	0.15%
MDT	C	0.06%	0.21%	0.06%
MET	C	0.04%	0.08%	0.04%
META	B	1.97%	2.17%	1.97%
MGM	C	0.01%	0.02%	0.01%
MKC	D	0.01%	0.03%	0.01%
MKL	B	0.11%	0.04%	0.04%
MKTX	F	0.01%	0.01%	0.01%
MLM	D	0.01%	0.07%	0.01%
MMC	A	0.51%	0.21%	0.21%
MMM	B	0.11%	0.11%	0.11%
MNST	F	0.06%	0.07%	0.06%
MO	A	0.03%	0.16%	0.03%
MOH	F	0.06%	0.04%	0.04%
MOS	F	0.02%	0.02%	0.02%
MPC	C	0.2%	0.13%	0.13%
MPWR	B	0.06%	0.08%	0.06%
MRK	A	0.59%	0.64%	0.59%
MRNA	C	0.03%	0.09%	0.03%
MRO	B	0.02%	0.03%	0.02%
MRVL	B	0.01%	0.12%	0.01%
MS	B	0.09%	0.24%	0.09%
MSCI	D	0.0%	0.07%	0.0%
MSFT	A	2.56%	6.56%	2.56%
MSI	A	0.53%	0.13%	0.13%
MTB	C	0.03%	0.05%	0.03%
MTCH	F	0.0%	0.02%	0.0%
MU	B	0.06%	0.34%	0.06%
NBIX	C	0.13%	0.03%	0.03%
NDAQ	C	0.01%	0.04%	0.01%
NDSN	D	0.02%	0.02%	0.02%
NEE	B	0.05%	0.29%	0.05%
NEM	B	0.04%	0.1%	0.04%
NET	D	0.0%	0.05%	0.0%
NFLX	A	0.47%	0.59%	0.47%
NI	B	0.01%	0.02%	0.01%
NKE	C	0.22%	0.23%	0.22%
NOC	D	0.29%	0.12%	0.12%
NOW	C	0.01%	0.3%	0.01%
NRG	B	0.01%	0.04%	0.01%
NSC	D	0.02%	0.1%	0.02%
NTAP	B	0.05%	0.05%	0.05%
NTRS	C	0.01%	0.03%	0.01%
NUE	D	0.05%	0.08%	0.05%
NVDA	B	2.5%	6.62%	2.5%
NVR	C	0.04%	0.05%	0.04%
NWSA	B	0.01%	0.02%	0.01%
NXPI	B	0.02%	0.14%	0.02%
O	C	0.02%	0.09%	0.02%
OC	B	0.03%	0.03%	0.03%
ODFL	D	0.07%	0.06%	0.06%
OKE	C	0.02%	0.09%	0.02%
OKTA	F	0.0%	0.03%	0.0%
OMC	C	0.04%	0.04%	0.04%
ON	D	0.02%	0.06%	0.02%
ORCL	B	0.21%	0.46%	0.21%
ORLY	B	0.22%	0.12%	0.12%
OTIS	C	0.01%	0.08%	0.01%
OVV	D	0.02%	0.02%	0.02%
OXY	D	0.04%	0.08%	0.04%
PANW	B	0.16%	0.2%	0.16%
PARA	F	0.01%	0.01%	0.01%
PATH	F	0.0%	0.01%	0.0%
PAYC	F	0.01%	0.01%	0.01%
PAYX	A	0.09%	0.08%	0.08%
PCAR	D	0.11%	0.11%	0.11%
PCG	C	0.03%	0.08%	0.03%
PCTY	F	0.01%	0.01%	0.01%
PEG	B	0.02%	0.07%	0.02%
PEP	C	0.84%	0.45%	0.45%
PFE	C	0.2%	0.31%	0.2%
PFG	C	0.02%	0.03%	0.02%
PG	A	0.98%	0.78%	0.78%
PGR	C	0.3%	0.24%	0.24%
PH	D	0.02%	0.13%	0.02%
PHM	D	0.06%	0.05%	0.05%
PINS	B	0.0%	0.05%	0.0%
PKG	B	0.03%	0.03%	0.03%
PLD	C	0.04%	0.2%	0.04%
PLTR	C	0.0%	0.1%	0.0%
PM	B	0.06%	0.31%	0.06%
PNC	C	0.07%	0.12%	0.07%
PNR	C	0.02%	0.03%	0.02%
PODD	B	0.0%	0.03%	0.0%
POOL	D	0.03%	0.03%	0.03%
PPG	D	0.02%	0.06%	0.02%
PPL	C	0.01%	0.04%	0.01%
PRU	B	0.04%	0.08%	0.04%
PSA	B	0.08%	0.09%	0.08%
PSTG	B	0.0%	0.04%	0.0%
PSX	C	0.15%	0.12%	0.12%
PTC	C	0.07%	0.04%	0.04%
PWR	B	0.01%	0.08%	0.01%
PYPL	D	0.03%	0.13%	0.03%
QCOM	B	0.48%	0.5%	0.48%
QRVO	B	0.01%	0.02%	0.01%
RBLX	C	0.0%	0.03%	0.0%
RCL	B	0.0%	0.07%	0.0%
REG	B	0.01%	0.02%	0.01%
REGN	A	0.44%	0.22%	0.22%
RF	C	0.03%	0.03%	0.03%
RGEN	F	0.0%	0.01%	0.0%
RIVN	C	0.0%	0.01%	0.0%
RJF	C	0.01%	0.04%	0.01%
RMD	C	0.05%	0.06%	0.05%
ROK	F	0.06%	0.06%	0.06%
ROKU	F	0.0%	0.01%	0.0%
ROL	A	0.08%	0.03%	0.03%
ROP	A	0.51%	0.12%	0.12%
ROST	A	0.02%	0.1%	0.02%
RPM	B	0.01%	0.03%	0.01%
RPRX	D	0.01%	0.02%	0.01%
RS	D	0.01%	0.03%	0.01%
RSG	B	0.44%	0.08%	0.08%
RTX	B	0.08%	0.28%	0.08%
SBAC	D	0.01%	0.04%	0.01%
SBUX	D	0.03%	0.18%	0.03%
SCHW	C	0.04%	0.21%	0.04%
SEIC	C	0.01%	0.01%	0.01%
SHW	C	0.11%	0.14%	0.11%
SJM	F	0.08%	0.02%	0.02%
SLB	D	0.03%	0.13%	0.03%
SMCI	B	0.07%	0.09%	0.07%
SNA	D	0.03%	0.03%	0.03%
SNAP	C	0.0%	0.03%	0.0%
SNOW	F	0.0%	0.08%	0.0%
SNPS	B	0.15%	0.19%	0.15%
SO	B	0.42%	0.17%	0.17%
SOLV	F	0.02%	0.01%	0.01%
SPG	B	0.02%	0.09%	0.02%
SPGI	B	0.03%	0.28%	0.03%
SQ	F	0.01%	0.07%	0.01%
SRE	B	0.03%	0.09%	0.03%
SSNC	C	0.01%	0.03%	0.01%
STE	C	0.01%	0.04%	0.01%
STLD	C	0.02%	0.04%	0.02%
STT	D	0.03%	0.04%	0.03%
STX	B	0.01%	0.04%	0.01%
STZ	B	0.01%	0.08%	0.01%
SUI	D	0.01%	0.03%	0.01%
SWK	D	0.01%	0.03%	0.01%
SWKS	B	0.03%	0.03%	0.03%
SYF	B	0.03%	0.03%	0.03%
SYK	B	0.03%	0.23%	0.03%
SYY	C	0.03%	0.07%	0.03%
T	A	0.32%	0.25%	0.25%
TAP	F	0.01%	0.02%	0.01%
TDG	B	0.01%	0.15%	0.01%
TDY	D	0.05%	0.04%	0.04%
TECH	C	0.0%	0.02%	0.0%
TEL	A	0.09%	0.09%	0.09%
TER	B	0.04%	0.05%	0.04%
TFC	C	0.07%	0.1%	0.07%
TFX	D	0.0%	0.02%	0.0%
TGT	C	0.14%	0.13%	0.13%
TJX	A	0.33%	0.25%	0.25%
TMO	D	0.07%	0.43%	0.07%
TMUS	B	0.59%	0.18%	0.18%
TOST	C	0.0%	0.02%	0.0%
TPL	B	0.03%	0.03%	0.03%
TRGP	B	0.03%	0.05%	0.03%
TRMB	C	0.01%	0.03%	0.01%
TROW	B	0.05%	0.05%	0.05%
TRU	C	0.0%	0.03%	0.0%
TRV	C	0.25%	0.09%	0.09%
TSCO	B	0.06%	0.06%	0.06%
TSLA	C	0.1%	1.01%	0.1%
TSN	C	0.13%	0.03%	0.03%
TT	B	0.13%	0.16%	0.13%
TTC	B	0.02%	0.02%	0.02%
TTD	A	0.0%	0.09%	0.0%
TTWO	B	0.01%	0.05%	0.01%
TW	C	0.0%	0.02%	0.0%
TWLO	F	0.0%	0.02%	0.0%
TXN	B	0.49%	0.35%	0.35%
TXT	C	0.01%	0.03%	0.01%
TYL	B	0.0%	0.04%	0.0%
U	F	0.0%	0.01%	0.0%
UBER	C	0.01%	0.29%	0.01%
UDR	B	0.0%	0.02%	0.0%
UHAL	D	0.0%	0.01%	0.0%
UHAL	D	0.0%	0.0%	0.0%
UHS	A	0.01%	0.02%	0.01%
ULTA	F	0.07%	0.04%	0.04%
UNH	D	1.14%	0.88%	0.88%
UNP	D	0.26%	0.27%	0.26%
UPS	D	0.07%	0.19%	0.07%
URI	C	0.02%	0.09%	0.02%
USB	C	0.08%	0.12%	0.08%
UTHR	A	0.13%	0.03%	0.03%
V	C	1.11%	0.86%	0.86%
VEEV	D	0.04%	0.05%	0.04%
VICI	D	0.02%	0.06%	0.02%
VLO	D	0.08%	0.1%	0.08%
VLTO	B	0.05%	0.04%	0.04%
VMC	D	0.01%	0.07%	0.01%
VRSK	A	0.01%	0.08%	0.01%
VRSN	C	0.14%	0.03%	0.03%
VRT	D	0.0%	0.07%	0.0%
VRTX	B	0.45%	0.24%	0.24%
VST	C	0.01%	0.06%	0.01%
VTR	A	0.01%	0.04%	0.01%
VTRS	D	0.02%	0.02%	0.02%
VZ	B	0.58%	0.33%	0.33%
WAB	C	0.01%	0.06%	0.01%
WAT	D	0.03%	0.03%	0.03%
WBA	D	0.07%	0.02%	0.02%
WBD	F	0.05%	0.03%	0.03%
WDAY	D	0.04%	0.09%	0.04%
WDC	B	0.01%	0.05%	0.01%
WEC	D	0.17%	0.05%	0.05%
WELL	B	0.02%	0.11%	0.02%
WFC	C	0.23%	0.42%	0.23%
WLK	D	0.0%	0.01%	0.0%
WM	C	0.52%	0.15%	0.15%
WMB	B	0.15%	0.1%	0.1%
WMT	A	0.64%	0.57%	0.57%
WPC	D	0.01%	0.02%	0.01%
WRB	C	0.13%	0.03%	0.03%
WRK	C	0.02%	0.03%	0.02%
WSM	C	0.04%	0.04%	0.04%
WSO	B	0.03%	0.03%	0.03%
WST	D	0.04%	0.05%	0.04%
WTRG	C	0.01%	0.02%	0.01%
WTW	B	0.06%	0.05%	0.05%
WY	D	0.02%	0.04%	0.02%
WYNN	D	0.0%	0.02%	0.0%
XEL	D	0.07%	0.06%	0.06%
XOM	D	0.45%	0.98%	0.45%
XYL	B	0.01%	0.07%	0.01%
YUM	D	0.16%	0.08%	0.08%
Z	B	0.0%	0.02%	0.0%
ZBH	F	0.01%	0.04%	0.01%
ZBRA	D	0.0%	0.03%	0.0%
ZM	D	0.01%	0.03%	0.01%
ZTS	C	0.15%	0.15%	0.15%

QWLD Overweight 33 Positions Relative to IYY

Symbol	Grade	Weight
NVS	A	0.84%
WCN	A	0.27%
UL	A	0.27%
CBOE	C	0.21%
MFG	D	0.2%
TM	F	0.17%
CHKP	B	0.16%
E	D	0.13%
DEO	F	0.13%
STLA	F	0.13%
TD	F	0.12%
MUFG	D	0.12%
CNI	D	0.11%
SMFG	B	0.1%
LYG	B	0.09%
BCS	C	0.09%
LOGI	B	0.08%
HMC	D	0.08%
SONY	D	0.07%
MT	D	0.05%
BTI	A	0.04%
NMR	D	0.02%
AER	A	0.02%
CCEP	A	0.01%
WFG	D	0.01%
CRBG	B	0.01%
GLBE	F	0.0%
XRX	F	0.0%
FUTU	C	0.0%
GRAB	C	0.0%
SE	A	0.0%
QGEN	D	0.0%
OTEX	D	0.0%

QWLD Underweight 492 Positions Relative to IYY

Symbol	Grade	Weight
FI	C	-0.18%
COR	B	-0.08%
FERG	D	-0.08%
HUBS	D	-0.06%
MTD	B	-0.06%
TEAM	D	-0.05%
COO	C	-0.04%
ALNY	B	-0.04%
MSTR	C	-0.04%
IBKR	B	-0.03%
FND	C	-0.03%
GEN	B	-0.03%
RVTY	C	-0.03%
NTNX	D	-0.03%
BLD	C	-0.03%
NVT	B	-0.03%
RGA	B	-0.03%
CASY	B	-0.03%
THC	B	-0.03%
RBA	B	-0.03%
FWONK	B	-0.03%
ZS	C	-0.03%
MDB	D	-0.03%
UAL	D	-0.03%
LH	C	-0.03%
MORN	C	-0.02%
BWA	F	-0.02%
AXTA	B	-0.02%
INGR	C	-0.02%
UNM	C	-0.02%
GMED	B	-0.02%
ORI	C	-0.02%
GNTX	D	-0.02%
HAS	B	-0.02%
SFM	B	-0.02%
PR	D	-0.02%
RGLD	C	-0.02%
OHI	A	-0.02%
EXP	D	-0.02%
ALV	D	-0.02%
CGNX	B	-0.02%
SF	B	-0.02%
CHE	D	-0.02%
EGP	C	-0.02%
RBC	B	-0.02%
FHN	C	-0.02%
PRI	B	-0.02%
X	F	-0.02%
JEF	B	-0.02%
NYT	B	-0.02%
TPX	D	-0.02%
PNW	C	-0.02%
APG	B	-0.02%
RRC	D	-0.02%
GPK	D	-0.02%
EHC	B	-0.02%
BWXT	C	-0.02%
KNSL	D	-0.02%
CNM	C	-0.02%
LNW	B	-0.02%
FBIN	D	-0.02%
DCI	D	-0.02%
MKSI	B	-0.02%
KBR	C	-0.02%
GNRC	D	-0.02%
ARMK	A	-0.02%
ESTC	C	-0.02%
OLED	A	-0.02%
AR	C	-0.02%
REXR	C	-0.02%
DOX	D	-0.02%
ELAN	B	-0.02%
MUSA	A	-0.02%
CELH	F	-0.02%
MEDP	B	-0.02%
TREX	F	-0.02%
CROX	B	-0.02%
CHDN	A	-0.02%
AU	C	-0.02%
RRX	F	-0.02%
TPR	C	-0.02%
NLY	B	-0.02%
SKX	B	-0.02%
CACI	A	-0.02%
ATR	B	-0.02%
COHR	B	-0.02%
LAMR	B	-0.02%
JLL	B	-0.02%
EWBC	C	-0.02%
CUBE	B	-0.02%
SNX	B	-0.02%
PFGC	D	-0.02%
ITT	C	-0.02%
SCI	B	-0.02%
FTI	C	-0.02%
CW	B	-0.02%
LECO	D	-0.02%
SRPT	C	-0.02%
GWRE	A	-0.02%
TTEK	B	-0.02%
WWD	B	-0.02%
CLH	A	-0.02%
TXRH	A	-0.02%
CVNA	B	-0.02%
ELF	B	-0.02%
USFD	B	-0.02%
XPO	D	-0.02%
RNR	B	-0.02%
BJ	B	-0.02%
SAIA	B	-0.02%
WMS	C	-0.02%
TOL	D	-0.02%
NTRA	B	-0.02%
DV	D	-0.01%
SMG	C	-0.01%
TGNA	D	-0.01%
DNLI	B	-0.01%
IPGP	F	-0.01%
CDP	B	-0.01%
FHI	D	-0.01%
RUN	C	-0.01%
PEGA	C	-0.01%
SAM	C	-0.01%
WEN	F	-0.01%
PENN	C	-0.01%
BROS	B	-0.01%
CNXC	C	-0.01%
ALIT	D	-0.01%
MPW	C	-0.01%
COLM	B	-0.01%
VLY	F	-0.01%
NVST	F	-0.01%
PAG	D	-0.01%
NWE	D	-0.01%
VAC	F	-0.01%
CACC	D	-0.01%
ARWR	C	-0.01%
CXT	A	-0.01%
CHH	C	-0.01%
AMED	F	-0.01%
LBTYA	C	-0.01%
GTES	D	-0.01%
CHWY	B	-0.01%
FIVN	F	-0.01%
BLKB	D	-0.01%
PNM	D	-0.01%
TPG	C	-0.01%
LSXMK	D	-0.01%
WOLF	D	-0.01%
IAC	F	-0.01%
MSGS	C	-0.01%
IRDM	F	-0.01%
RARE	F	-0.01%
PCH	F	-0.01%
NWS	B	-0.01%
WK	F	-0.01%
NSA	A	-0.01%
BXMT	C	-0.01%
TNET	F	-0.01%
DXC	D	-0.01%
NSP	D	-0.01%
DOCS	C	-0.01%
LBTYK	C	-0.01%
KRC	F	-0.01%
RH	F	-0.01%
LITE	B	-0.01%
SBRA	A	-0.01%
OGS	F	-0.01%
BKH	C	-0.01%
ALTM	F	-0.01%
SR	D	-0.01%
CUZ	C	-0.01%
YETI	C	-0.01%
UMBF	D	-0.01%
PRGO	F	-0.01%
ROIV	D	-0.01%
MAN	D	-0.01%
FFIN	D	-0.01%
HUN	D	-0.01%
CC	F	-0.01%
ZI	F	-0.01%
SLGN	D	-0.01%
MSM	F	-0.01%
ALE	B	-0.01%
CPRI	F	-0.01%
WU	C	-0.01%
NEU	D	-0.01%
GTLB	F	-0.01%
CCCS	C	-0.01%
SLAB	F	-0.01%
COTY	D	-0.01%
LANC	C	-0.01%
AAP	C	-0.01%
BYD	D	-0.01%
KMPR	C	-0.01%
LOPE	D	-0.01%
GH	C	-0.01%
AMKR	B	-0.01%
RIG	F	-0.01%
SN	B	-0.01%
UBSI	D	-0.01%
HCP	A	-0.01%
ALKS	C	-0.01%
GBCI	D	-0.01%
ASGN	D	-0.01%
POWI	D	-0.01%
RYN	C	-0.01%
NJR	D	-0.01%
OZK	D	-0.01%
VNO	C	-0.01%
FOUR	C	-0.01%
GFS	C	-0.01%
WMG	D	-0.01%
FLO	D	-0.01%
PII	F	-0.01%
LAZ	D	-0.01%
APLS	F	-0.01%
HAE	D	-0.01%
FCFS	D	-0.01%
ENS	B	-0.01%
HOMB	C	-0.01%
THG	D	-0.01%
ZWS	D	-0.01%
JHG	B	-0.01%
SWX	D	-0.01%
VFC	C	-0.01%
HOG	D	-0.01%
AN	C	-0.01%
POR	D	-0.01%
ESGR	B	-0.01%
S	D	-0.01%
IDA	D	-0.01%
BILL	F	-0.01%
SLM	C	-0.01%
VRNS	C	-0.01%
FNB	C	-0.01%
ACLS	B	-0.01%
DLB	D	-0.01%
UGI	D	-0.01%
CRSP	D	-0.01%
RDN	C	-0.01%
W	F	-0.01%
NE	D	-0.01%
INSP	F	-0.01%
WTM	B	-0.01%
WHR	D	-0.01%
AL	C	-0.01%
LYFT	F	-0.01%
EEFT	C	-0.01%
AVT	B	-0.01%
BC	F	-0.01%
THO	F	-0.01%
EDR	A	-0.01%
OPCH	D	-0.01%
POST	C	-0.01%
APPF	C	-0.01%
AMG	C	-0.01%
NXST	C	-0.01%
OGN	B	-0.01%
MDU	B	-0.01%
LNC	B	-0.01%
NFG	C	-0.01%
ASH	C	-0.01%
AWI	C	-0.01%
ALK	C	-0.01%
G	D	-0.01%
SEE	C	-0.01%
DBX	D	-0.01%
RYAN	A	-0.01%
HXL	D	-0.01%
VVV	C	-0.01%
SRCL	B	-0.01%
TKR	D	-0.01%
SNV	C	-0.01%
DAR	F	-0.01%
SIGI	F	-0.01%
MMS	B	-0.01%
GPS	C	-0.01%
SSB	D	-0.01%
SMAR	B	-0.01%
PB	D	-0.01%
AZPN	D	-0.01%
GXO	F	-0.01%
FYBR	B	-0.01%
SON	D	-0.01%
PCOR	D	-0.01%
RITM	C	-0.01%
XRAY	F	-0.01%
LBRDK	D	-0.01%
AXS	B	-0.01%
LPX	B	-0.01%
IONS	C	-0.01%
VMI	B	-0.01%
MUR	D	-0.01%
FAF	D	-0.01%
RLI	C	-0.01%
AIRC	A	-0.01%
OLN	D	-0.01%
CMC	C	-0.01%
PNFP	D	-0.01%
ST	D	-0.01%
OMF	C	-0.01%
BFAM	D	-0.01%
MTG	B	-0.01%
MAT	D	-0.01%
GTLS	F	-0.01%
VNT	C	-0.01%
MASI	B	-0.01%
SITE	F	-0.01%
STWD	C	-0.01%
WTFC	C	-0.01%
HR	C	-0.01%
ETRN	C	-0.01%
OLLI	B	-0.01%
MHK	D	-0.01%
ZION	D	-0.01%
SOFI	F	-0.01%
CHX	C	-0.01%
CMA	C	-0.01%
CIVI	D	-0.01%
RMBS	F	-0.01%
BRKR	D	-0.01%
ESNT	B	-0.01%
ADC	B	-0.01%
CFR	D	-0.01%
TKO	B	-0.01%
SAIC	D	-0.01%
WH	C	-0.01%
MTDR	D	-0.01%
LSTR	B	-0.01%
FR	D	-0.01%
FLS	C	-0.01%
FIVE	F	-0.01%
ESI	B	-0.01%
PLNT	B	-0.01%
BPOP	C	-0.01%
WAL	D	-0.01%
LFUS	B	-0.01%
ACHC	D	-0.01%
CBSH	C	-0.01%
STAG	C	-0.01%
MTZ	B	-0.01%
AA	B	-0.01%
DTM	A	-0.01%
GME	C	-0.01%
RHI	D	-0.01%
BRX	B	-0.01%
IVZ	C	-0.01%
SPSC	B	-0.01%
LEA	F	-0.01%
HALO	B	-0.01%
CRUS	B	-0.01%
MIDD	D	-0.01%
EXEL	C	-0.01%
BPMC	B	-0.01%
ALSN	C	-0.01%
MSA	C	-0.01%
LAD	F	-0.01%
MTN	D	-0.01%
COLD	C	-0.01%
PVH	C	-0.01%
ARW	C	-0.01%
CIEN	C	-0.01%
RL	B	-0.01%
GL	C	-0.01%
PEN	F	-0.01%
OGE	B	-0.01%
NOV	D	-0.01%
JAZZ	F	-0.01%
FMC	D	-0.01%
UFPI	C	-0.01%
AGNC	A	-0.01%
NXT	C	-0.01%
FCN	D	-0.01%
KEX	B	-0.01%
OSK	C	-0.01%
BERY	B	-0.01%
HLI	D	-0.01%
OWL	C	-0.01%
WBS	D	-0.01%
WCC	D	-0.01%
AFRM	F	-0.01%
SSD	D	-0.01%
CR	B	-0.01%
NCLH	C	-0.01%
WSC	C	-0.01%
VOYA	B	-0.01%
WEX	F	-0.01%
AIT	C	-0.01%
AYI	D	-0.01%
FRT	C	-0.01%
HQY	B	-0.01%
SWN	D	-0.01%
AAL	F	-0.01%
DUOL	C	-0.01%
HRB	A	-0.01%
NNN	B	-0.01%
RNAC	D	-0.0%
MURA	F	-0.0%
PARAA	F	-0.0%
NLOP	C	-0.0%
CHPT	D	-0.0%
HTZ	F	-0.0%
PLTK	C	-0.0%
UI	C	-0.0%
DNA	F	-0.0%
TFSL	C	-0.0%
LLYVA	D	-0.0%
FG	C	-0.0%
MRVI	F	-0.0%
SEB	F	-0.0%
CWEN	B	-0.0%
LBRDA	D	-0.0%
ASAN	D	-0.0%
UWMC	B	-0.0%
INFA	C	-0.0%
BMBL	F	-0.0%
HE	F	-0.0%
APPN	D	-0.0%
KLG	F	-0.0%
FLNC	D	-0.0%
FIZZ	B	-0.0%
CNA	B	-0.0%
UA	C	-0.0%
AMC	D	-0.0%
SHLS	F	-0.0%
PTON	C	-0.0%
OPEN	F	-0.0%
JBGS	C	-0.0%
UAA	C	-0.0%
NFE	F	-0.0%
PLUG	F	-0.0%
SHC	C	-0.0%
FWONA	B	-0.0%
VSTS	D	-0.0%
LEG	F	-0.0%
TDOC	F	-0.0%
LSXMA	D	-0.0%
YOU	B	-0.0%
LLYVK	D	-0.0%
BRZE	F	-0.0%
REYN	C	-0.0%
CABO	D	-0.0%
QDEL	F	-0.0%
VYX	F	-0.0%
PPC	C	-0.0%
NVCR	C	-0.0%
JOBY	C	-0.0%
ADT	A	-0.0%
QS	F	-0.0%
NCNO	B	-0.0%
ALGM	F	-0.0%
SIRI	D	-0.0%
MP	F	-0.0%
RKT	B	-0.0%
AGL	D	-0.0%
MBLY	D	-0.0%
NATL	B	-0.0%
FOXF	C	-0.0%
SQSP	A	-0.0%
IART	C	-0.0%
CAR	D	-0.0%
MODG	C	-0.0%
SEDG	F	-0.0%
CWEN	B	-0.0%
NTLA	C	-0.0%
ENOV	F	-0.0%
TXG	F	-0.0%
MQ	D	-0.0%
PINC	F	-0.0%
RNG	F	-0.0%
VIRT	B	-0.0%
NYCB	F	-0.0%
DNB	F	-0.0%
CLVT	D	-0.0%
LEVI	B	-0.0%
LCID	F	-0.0%
DEI	C	-0.0%
BL	F	-0.0%
HHH	D	-0.0%
ZG	B	-0.0%
AVA	D	-0.0%
KSS	D	-0.0%
HELE	F	-0.0%
AGR	D	-0.0%
NWL	F	-0.0%
RCM	B	-0.0%
LXP	B	-0.0%
BOKF	D	-0.0%
ZD	C	-0.0%
BHF	D	-0.0%
ICUI	B	-0.0%