QWLD vs. LGH ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to HCM Defender 500 Index ETF (LGH)

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

$128.07

Average Daily Volume

3,476

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$53.05

Average Daily Volume

22,066

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	LGH
30 Days	-0.47%	2.26%
60 Days	0.20%	5.85%
90 Days	0.50%	7.34%
12 Months	22.20%	36.69%

446 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in LGH	Overlap
	A	D	0.06%	0.06%	0.06%
	AAPL	C	2.57%	6.46%	2.57%
	ABBV	F	0.34%	0.44%	0.34%
	ABBV	F	0.16%	0.44%	0.16%
	ABNB	C	0.01%	0.08%	0.01%
	ABT	B	0.09%	0.29%	0.09%
	ACGL	C	0.26%	0.05%	0.05%
	ACN	B	0.65%	0.34%	0.34%
	ADBE	C	0.42%	0.33%	0.33%
	ADI	D	0.04%	0.15%	0.04%
	ADM	D	0.05%	0.04%	0.04%
	ADP	A	0.26%	0.18%	0.18%
	ADSK	A	0.1%	0.09%	0.09%
	AEE	A	0.09%	0.03%	0.03%
	AEP	C	0.07%	0.07%	0.07%
	AFL	B	0.12%	0.08%	0.08%
	AIG	B	0.07%	0.07%	0.07%
	AJG	A	0.19%	0.09%	0.09%
	AKAM	D	0.11%	0.02%	0.02%
	ALGN	D	0.0%	0.02%	0.0%
	ALL	A	0.08%	0.07%	0.07%
	AMAT	F	0.29%	0.21%	0.21%
	AMD	F	0.03%	0.33%	0.03%
	AME	A	0.01%	0.06%	0.01%
	AMGN	F	0.16%	0.23%	0.16%
	AMP	A	0.09%	0.08%	0.08%
	AMT	C	0.02%	0.13%	0.02%
	AMZN	C	0.37%	3.73%	0.37%
	ANET	C	0.19%	0.13%	0.13%
	ANSS	B	0.0%	0.04%	0.0%
	AON	A	0.17%	0.1%	0.1%
	APD	A	0.03%	0.09%	0.03%
	APH	A	0.43%	0.12%	0.12%
	APO	B	0.02%	0.09%	0.02%
	ARE	F	0.01%	0.02%	0.01%
	ARES	A	0.0%	0.03%	0.0%
	ATO	A	0.01%	0.03%	0.01%
	AVB	B	0.01%	0.05%	0.01%
	AVGO	D	0.11%	1.43%	0.11%
	AVTR	F	0.01%	0.02%	0.01%
	AVY	F	0.03%	0.02%	0.02%
	AWK	C	0.01%	0.04%	0.01%
	AXON	A	0.0%	0.05%	0.0%
	AXP	A	0.06%	0.23%	0.06%
	AZO	C	0.28%	0.07%	0.07%
	BA	F	0.01%	0.11%	0.01%
	BAC	A	0.39%	0.46%	0.39%
	BAH	F	0.15%	0.03%	0.03%
	BALL	F	0.01%	0.03%	0.01%
	BAX	F	0.01%	0.03%	0.01%
	BBY	D	0.06%	0.03%	0.03%
	BDX	F	0.07%	0.1%	0.07%
	BG	D	0.03%	0.02%	0.02%
	BIIB	F	0.01%	0.04%	0.01%
	BK	A	0.05%	0.08%	0.05%
	BKNG	A	0.03%	0.24%	0.03%
	BKR	A	0.02%	0.06%	0.02%
	BMRN	F	0.07%	0.02%	0.02%
	BMY	B	0.21%	0.18%	0.18%
	BR	A	0.04%	0.04%	0.04%
	BRK.A	B	0.73%	1.15%	0.73%
	BRO	B	0.14%	0.03%	0.03%
	BSX	A	0.02%	0.18%	0.02%
	BX	A	0.03%	0.18%	0.03%
	C	A	0.25%	0.18%	0.18%
	CAG	F	0.04%	0.02%	0.02%
	CAH	B	0.13%	0.04%	0.04%
	CARR	C	0.02%	0.09%	0.02%
	CAT	B	0.36%	0.27%	0.27%
	CB	C	0.4%	0.16%	0.16%
	CBOE	C	0.24%	0.03%	0.03%
	CBRE	B	0.03%	0.06%	0.03%
	CCI	C	0.01%	0.06%	0.01%
	CDNS	B	0.13%	0.11%	0.11%
	CDW	F	0.07%	0.04%	0.04%
	CEG	C	0.02%	0.1%	0.02%
	CF	A	0.13%	0.02%	0.02%
	CFG	B	0.04%	0.03%	0.03%
	CHD	A	0.19%	0.03%	0.03%
	CHTR	C	0.05%	0.05%	0.05%
	CI	D	0.18%	0.14%	0.14%
	CINF	A	0.02%	0.03%	0.02%
	CL	D	0.2%	0.11%	0.11%
	CLX	A	0.01%	0.03%	0.01%
	CMCSA	B	0.17%	0.26%	0.17%
	CME	B	0.16%	0.11%	0.11%
	CMG	B	0.14%	0.1%	0.1%
	CMI	A	0.1%	0.07%	0.07%
	CMS	C	0.05%	0.03%	0.03%
	CNC	D	0.05%	0.05%	0.05%
	CNP	A	0.01%	0.02%	0.01%
	COF	C	0.1%	0.1%	0.1%
	COIN	C	0.01%	0.09%	0.01%
	COP	C	0.1%	0.19%	0.1%
	COR	B	0.41%	0.06%	0.06%
	COST	A	0.76%	0.59%	0.59%
	CPAY	A	0.01%	0.03%	0.01%
	CPRT	B	0.08%	0.07%	0.07%
	CRM	B	0.06%	0.44%	0.06%
	CRWD	B	0.0%	0.11%	0.0%
	CSCO	B	1.03%	0.34%	0.34%
	CSGP	D	0.0%	0.04%	0.0%
	CSL	C	0.03%	0.04%	0.03%
	CSX	C	0.11%	0.1%	0.1%
	CTAS	B	0.14%	0.1%	0.1%
	CTRA	B	0.02%	0.03%	0.02%
	CTSH	B	0.2%	0.06%	0.06%
	CTVA	C	0.04%	0.06%	0.04%
	CVS	D	0.16%	0.1%	0.1%
	CVX	A	0.33%	0.38%	0.33%
	D	C	0.06%	0.07%	0.06%
	DAL	B	0.01%	0.05%	0.01%
	DASH	B	0.01%	0.07%	0.01%
	DD	C	0.02%	0.05%	0.02%
	DDOG	A	0.0%	0.05%	0.0%
	DE	B	0.06%	0.14%	0.06%
	DECK	A	0.05%	0.03%	0.03%
	DELL	B	0.01%	0.05%	0.01%
	DFS	B	0.04%	0.06%	0.04%
	DG	F	0.01%	0.02%	0.01%
	DGX	A	0.11%	0.03%	0.03%
	DHI	F	0.1%	0.07%	0.07%
	DHR	F	0.05%	0.23%	0.05%
	DIS	B	0.1%	0.25%	0.1%
	DLR	B	0.02%	0.08%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOV	A	0.05%	0.04%	0.04%
	DOW	F	0.03%	0.04%	0.03%
	DPZ	C	0.06%	0.02%	0.02%
	DRI	B	0.03%	0.03%	0.03%
	DTE	C	0.02%	0.03%	0.02%
	DUK	C	0.36%	0.12%	0.12%
	DVN	F	0.03%	0.03%	0.03%
	DXCM	C	0.0%	0.04%	0.0%
	EA	A	0.2%	0.06%	0.06%
	EBAY	D	0.01%	0.04%	0.01%
	ECL	D	0.01%	0.09%	0.01%
	ED	C	0.35%	0.04%	0.04%
	EFX	F	0.01%	0.05%	0.01%
	EIX	B	0.03%	0.04%	0.03%
	EL	F	0.01%	0.02%	0.01%
	ELV	F	0.21%	0.14%	0.14%
	EMR	B	0.03%	0.1%	0.03%
	ENTG	D	0.0%	0.02%	0.0%
	EOG	A	0.06%	0.1%	0.06%
	EQIX	A	0.02%	0.11%	0.02%
	EQR	C	0.01%	0.04%	0.01%
	EQT	B	0.02%	0.02%	0.02%
	ES	C	0.01%	0.03%	0.01%
	ESS	B	0.01%	0.03%	0.01%
	ETN	A	0.03%	0.2%	0.03%
	ETR	B	0.03%	0.04%	0.03%
	EVRG	A	0.01%	0.02%	0.01%
	EW	C	0.07%	0.06%	0.06%
	EXC	C	0.03%	0.05%	0.03%
	EXPD	C	0.04%	0.02%	0.02%
	EXPE	B	0.01%	0.03%	0.01%
	EXR	C	0.01%	0.05%	0.01%
	F	C	0.09%	0.06%	0.06%
	FANG	C	0.09%	0.04%	0.04%
	FAST	B	0.09%	0.07%	0.07%
	FCX	F	0.02%	0.09%	0.02%
	FDS	B	0.03%	0.02%	0.02%
	FDX	B	0.07%	0.09%	0.07%
	FE	C	0.01%	0.03%	0.01%
	FI	A	0.09%	0.18%	0.09%
	FICO	B	0.05%	0.07%	0.05%
	FIS	C	0.02%	0.07%	0.02%
	FITB	B	0.03%	0.05%	0.03%
	FSLR	F	0.01%	0.03%	0.01%
	FTNT	C	0.01%	0.09%	0.01%
	FTV	C	0.01%	0.04%	0.01%
	GD	D	0.18%	0.1%	0.1%
	GDDY	A	0.25%	0.04%	0.04%
	GE	D	0.31%	0.27%	0.27%
	GEHC	D	0.02%	0.04%	0.02%
	GEN	B	0.12%	0.02%	0.02%
	GEV	B	0.02%	0.12%	0.02%
	GILD	C	0.24%	0.17%	0.17%
	GIS	D	0.33%	0.05%	0.05%
	GLW	B	0.02%	0.05%	0.02%
	GM	C	0.19%	0.12%	0.12%
	GOOG	C	0.94%	1.72%	0.94%
	GOOGL	C	1.07%	1.98%	1.07%
	GPC	D	0.05%	0.02%	0.02%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.05%	0.05%
	GS	A	0.17%	0.28%	0.17%
	GWW	B	0.11%	0.06%	0.06%
	HAL	C	0.02%	0.04%	0.02%
	HBAN	A	0.03%	0.04%	0.03%
	HCA	F	0.04%	0.11%	0.04%
	HD	B	0.15%	0.58%	0.15%
	HES	B	0.01%	0.05%	0.01%
	HIG	B	0.03%	0.05%	0.03%
	HLT	A	0.01%	0.09%	0.01%
	HOLX	D	0.01%	0.02%	0.01%
	HON	C	0.26%	0.22%	0.22%
	HPE	B	0.04%	0.04%	0.04%
	HPQ	B	0.04%	0.05%	0.04%
	HSY	F	0.16%	0.04%	0.04%
	HUBB	B	0.04%	0.03%	0.03%
	HUM	C	0.15%	0.05%	0.05%
	HWM	A	0.01%	0.06%	0.01%
	IBM	C	0.46%	0.27%	0.27%
	ICE	C	0.03%	0.12%	0.03%
	IDXX	F	0.07%	0.05%	0.05%
	IEX	C	0.03%	0.02%	0.02%
	IFF	D	0.01%	0.03%	0.01%
	ILMN	C	0.0%	0.04%	0.0%
	INTC	C	0.1%	0.14%	0.1%
	INTU	B	0.27%	0.26%	0.26%
	INVH	D	0.01%	0.03%	0.01%
	IP	A	0.02%	0.02%	0.02%
	IQV	F	0.01%	0.05%	0.01%
	IR	B	0.01%	0.05%	0.01%
	IRM	C	0.01%	0.04%	0.01%
	ISRG	A	0.25%	0.27%	0.25%
	IT	C	0.03%	0.05%	0.03%
	ITW	B	0.13%	0.11%	0.11%
	J	D	0.01%	0.02%	0.01%
	JBHT	C	0.03%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	B	0.03%	0.08%	0.03%
	JKHY	D	0.07%	0.02%	0.02%
	JNJ	C	1.1%	0.62%	0.62%
	JPM	A	0.6%	1.28%	0.6%
	K	A	0.23%	0.03%	0.03%
	KDP	F	0.14%	0.04%	0.04%
	KEY	B	0.02%	0.02%	0.02%
	KEYS	A	0.17%	0.04%	0.04%
	KHC	F	0.2%	0.03%	0.03%
	KIM	A	0.01%	0.02%	0.01%
	KKR	A	0.02%	0.13%	0.02%
	KLAC	F	0.14%	0.12%	0.12%
	KMB	C	0.11%	0.06%	0.06%
	KMI	A	0.04%	0.08%	0.04%
	KO	D	0.56%	0.35%	0.35%
	KR	B	0.31%	0.07%	0.07%
	KVUE	A	0.08%	0.06%	0.06%
	LDOS	C	0.01%	0.04%	0.01%
	LEN	D	0.09%	0.06%	0.06%
	LH	B	0.02%	0.03%	0.02%
	LHX	C	0.02%	0.07%	0.02%
	LIN	C	0.06%	0.31%	0.06%
	LLY	F	1.14%	1.29%	1.14%
	LMT	D	0.42%	0.2%	0.2%
	LNG	A	0.06%	0.07%	0.06%
	LNT	A	0.03%	0.03%	0.03%
	LOW	C	0.07%	0.22%	0.07%
	LPLA	A	0.05%	0.03%	0.03%
	LRCX	F	0.18%	0.13%	0.13%
	LUV	C	0.0%	0.03%	0.0%
	LVS	B	0.0%	0.02%	0.0%
	LYB	F	0.03%	0.03%	0.03%
	MA	B	0.71%	0.74%	0.71%
	MAA	B	0.01%	0.03%	0.01%
	MAR	A	0.01%	0.1%	0.01%
	MAS	D	0.01%	0.03%	0.01%
	MCD	D	0.42%	0.31%	0.31%
	MCHP	F	0.06%	0.05%	0.05%
	MCK	A	0.58%	0.12%	0.12%
	MCO	B	0.13%	0.1%	0.1%
	MDLZ	F	0.14%	0.13%	0.13%
	MDT	D	0.06%	0.17%	0.06%
	MET	A	0.05%	0.08%	0.05%
	META	D	2.11%	2.45%	2.11%
	MKC	C	0.01%	0.02%	0.01%
	MKL	A	0.13%	0.03%	0.03%
	MLM	C	0.01%	0.05%	0.01%
	MMC	B	0.51%	0.15%	0.15%
	MMM	D	0.14%	0.1%	0.1%
	MNST	C	0.07%	0.04%	0.04%
	MO	A	0.04%	0.14%	0.04%
	MOH	F	0.06%	0.02%	0.02%
	MPC	D	0.17%	0.09%	0.09%
	MPWR	F	0.04%	0.04%	0.04%
	MRK	D	0.42%	0.36%	0.36%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	B	0.02%	0.02%	0.02%
	MRVL	B	0.01%	0.11%	0.01%
	MS	A	0.12%	0.24%	0.12%
	MSCI	C	0.0%	0.06%	0.0%
	MSFT	D	2.3%	6.13%	2.3%
	MSI	B	0.65%	0.11%	0.11%
	MTB	A	0.05%	0.05%	0.05%
	MU	D	0.04%	0.15%	0.04%
	NDAQ	A	0.01%	0.04%	0.01%
	NEE	C	0.06%	0.22%	0.06%
	NEM	D	0.04%	0.05%	0.04%
	NET	B	0.0%	0.04%	0.0%
	NFLX	A	0.54%	0.48%	0.48%
	NKE	F	0.17%	0.13%	0.13%
	NOC	D	0.32%	0.11%	0.11%
	NOW	A	0.01%	0.29%	0.01%
	NSC	B	0.03%	0.08%	0.03%
	NTAP	C	0.04%	0.03%	0.03%
	NTRS	A	0.02%	0.03%	0.02%
	NUE	C	0.04%	0.06%	0.04%
	NVDA	B	2.53%	7.02%	2.53%
	NVR	D	0.06%	0.03%	0.03%
	O	C	0.02%	0.05%	0.02%
	ODFL	C	0.08%	0.06%	0.06%
	OKE	A	0.03%	0.09%	0.03%
	OMC	C	0.04%	0.03%	0.03%
	ON	D	0.01%	0.04%	0.01%
	ORCL	A	0.25%	0.41%	0.25%
	ORLY	B	0.24%	0.1%	0.1%
	OTIS	C	0.01%	0.06%	0.01%
	OXY	D	0.03%	0.05%	0.03%
	PANW	B	0.18%	0.16%	0.16%
	PAYX	B	0.1%	0.06%	0.06%
	PCAR	B	0.11%	0.08%	0.08%
	PCG	A	0.03%	0.07%	0.03%
	PEG	A	0.02%	0.06%	0.02%
	PEP	F	0.77%	0.32%	0.32%
	PFE	F	0.18%	0.22%	0.18%
	PFG	D	0.02%	0.03%	0.02%
	PG	C	0.95%	0.57%	0.57%
	PGR	A	0.35%	0.21%	0.21%
	PH	A	0.02%	0.12%	0.02%
	PHM	D	0.06%	0.04%	0.04%
	PINS	F	0.0%	0.03%	0.0%
	PKG	A	0.04%	0.03%	0.03%
	PLD	F	0.04%	0.15%	0.04%
	PLTR	B	0.0%	0.15%	0.0%
	PM	B	0.07%	0.28%	0.07%
	PNC	B	0.1%	0.12%	0.1%
	PODD	C	0.0%	0.02%	0.0%
	POOL	C	0.03%	0.02%	0.02%
	PPG	F	0.01%	0.04%	0.01%
	PPL	A	0.01%	0.04%	0.01%
	PRU	A	0.05%	0.07%	0.05%
	PSA	C	0.09%	0.07%	0.07%
	PSX	C	0.14%	0.08%	0.08%
	PTC	B	0.08%	0.03%	0.03%
	PWR	A	0.01%	0.06%	0.01%
	PYPL	B	0.04%	0.13%	0.04%
	QCOM	F	0.32%	0.25%	0.25%
	RBLX	C	0.0%	0.03%	0.0%
	RCL	A	0.01%	0.07%	0.01%
	REGN	F	0.31%	0.12%	0.12%
	RF	A	0.03%	0.04%	0.03%
	RJF	A	0.02%	0.04%	0.02%
	RMD	C	0.05%	0.05%	0.05%
	ROK	C	0.06%	0.04%	0.04%
	ROP	B	0.48%	0.08%	0.08%
	ROST	D	0.02%	0.06%	0.02%
	RPM	A	0.01%	0.02%	0.01%
	RS	B	0.02%	0.02%	0.02%
	RSG	A	0.46%	0.06%	0.06%
	RTX	D	0.09%	0.25%	0.09%
	RVTY	F	0.01%	0.02%	0.01%
	SBAC	D	0.01%	0.03%	0.01%
	SBUX	A	0.04%	0.16%	0.04%
	SCHW	B	0.04%	0.15%	0.04%
	SHW	B	0.14%	0.12%	0.12%
	SLB	C	0.03%	0.09%	0.03%
	SMCI	F	0.01%	0.02%	0.01%
	SNOW	B	0.0%	0.05%	0.0%
	SNPS	B	0.12%	0.11%	0.11%
	SO	C	0.46%	0.13%	0.13%
	SPG	A	0.02%	0.09%	0.02%
	SPGI	C	0.04%	0.22%	0.04%
	SQ	A	0.02%	0.07%	0.02%
	SRE	A	0.04%	0.08%	0.04%
	SSNC	B	0.01%	0.02%	0.01%
	STE	D	0.01%	0.03%	0.01%
	STLD	B	0.02%	0.03%	0.02%
	STT	B	0.03%	0.04%	0.03%
	STX	C	0.01%	0.03%	0.01%
	STZ	D	0.01%	0.05%	0.01%
	SUI	C	0.01%	0.02%	0.01%
	SWK	D	0.01%	0.02%	0.01%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.04%	0.03%	0.03%
	SYK	B	0.03%	0.18%	0.03%
	SYY	D	0.03%	0.06%	0.03%
	T	A	0.39%	0.23%	0.23%
	TDG	D	0.01%	0.08%	0.01%
	TDY	B	0.06%	0.03%	0.03%
	TER	F	0.02%	0.03%	0.02%
	TFC	A	0.09%	0.09%	0.09%
	TGT	F	0.15%	0.1%	0.1%
	TJX	A	0.35%	0.19%	0.19%
	TMO	F	0.06%	0.3%	0.06%
	TMUS	B	0.76%	0.17%	0.17%
	TPL	A	0.06%	0.05%	0.05%
	TRGP	A	0.04%	0.06%	0.04%
	TRMB	B	0.01%	0.02%	0.01%
	TROW	B	0.05%	0.04%	0.04%
	TRU	D	0.01%	0.03%	0.01%
	TRV	B	0.3%	0.08%	0.08%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	B	0.16%	1.7%	0.16%
	TSN	B	0.15%	0.03%	0.03%
	TT	A	0.15%	0.13%	0.13%
	TTD	B	0.0%	0.1%	0.0%
	TTWO	A	0.01%	0.04%	0.01%
	TXN	C	0.48%	0.27%	0.27%
	TXT	D	0.01%	0.02%	0.01%
	TYL	B	0.0%	0.03%	0.0%
	UBER	F	0.01%	0.19%	0.01%
	ULTA	F	0.06%	0.03%	0.03%
	UNH	B	1.35%	1.04%	1.04%
	UNP	C	0.26%	0.2%	0.2%
	UPS	C	0.07%	0.14%	0.07%
	URI	C	0.02%	0.08%	0.02%
	USB	A	0.09%	0.1%	0.09%
	V	A	1.21%	0.93%	0.93%
	VEEV	C	0.05%	0.06%	0.05%
	VICI	C	0.02%	0.05%	0.02%
	VLO	C	0.08%	0.07%	0.07%
	VLTO	C	0.05%	0.03%	0.03%
	VMC	B	0.01%	0.06%	0.01%
	VRSK	A	0.01%	0.06%	0.01%
	VRSN	C	0.14%	0.02%	0.02%
	VRT	B	0.0%	0.08%	0.0%
	VRTX	D	0.43%	0.18%	0.18%
	VTR	B	0.01%	0.04%	0.01%
	VTRS	A	0.03%	0.02%	0.02%
	VZ	C	0.58%	0.24%	0.24%
	WAB	B	0.01%	0.05%	0.01%
	WAT	C	0.04%	0.03%	0.03%
	WBD	B	0.07%	0.03%	0.03%
	WDAY	B	0.04%	0.07%	0.04%
	WDC	D	0.01%	0.03%	0.01%
	WEC	A	0.2%	0.04%	0.04%
	WELL	A	0.02%	0.1%	0.02%
	WFC	A	0.28%	0.37%	0.28%
	WM	B	0.52%	0.13%	0.13%
	WMB	A	0.19%	0.1%	0.1%
	WMT	A	0.76%	0.5%	0.5%
	WPC	C	0.01%	0.01%	0.01%
	WRB	A	0.14%	0.03%	0.03%
	WST	C	0.04%	0.03%	0.03%
	WTW	B	0.07%	0.04%	0.04%
	WY	F	0.02%	0.04%	0.02%
	XEL	A	0.09%	0.06%	0.06%
	XOM	B	0.47%	0.99%	0.47%
	XYL	D	0.01%	0.04%	0.01%
	YUM	D	0.15%	0.05%	0.05%
	ZBH	C	0.01%	0.03%	0.01%
	ZBRA	B	0.01%	0.03%	0.01%
	ZM	C	0.01%	0.03%	0.01%
	ZTS	D	0.15%	0.11%	0.11%

QWLD Overweight 164 Positions Relative to LGH

	Symbol	Grade	Weight
	NVS	F	0.79%
	UL	D	0.27%
	WCN	A	0.27%
	HSBH	B	0.25%
	BLK	B	0.25%
	MFG	A	0.24%
	L	A	0.17%
	CHKP	C	0.17%
	FFIV	B	0.16%
	TM	F	0.15%
	UTHR	C	0.15%
	INCY	C	0.15%
	MUFG	B	0.14%
	ERIE	D	0.12%
	JNPR	D	0.12%
	TD	D	0.12%
	E	F	0.12%
	NBIX	C	0.11%
	BCS	A	0.11%
	FCNCA	A	0.11%
	DEO	F	0.11%
	CNI	F	0.1%
	SMFG	B	0.1%
	CPB	D	0.09%
	LYG	D	0.09%
	HRL	D	0.09%
	AMCR	C	0.08%
	ROL	B	0.08%
	AIZ	A	0.08%
	SONY	B	0.08%
	STLA	F	0.08%
	HMC	F	0.07%
	SJM	D	0.07%
	LULU	C	0.07%
	EG	C	0.06%
	LOGI	D	0.06%
	BLDR	D	0.05%
	BTI	B	0.05%
	DINO	D	0.05%
	MT	B	0.05%
	SNA	A	0.04%
	WBA	F	0.04%
	MANH	D	0.04%
	EME	A	0.04%
	GGG	B	0.03%
	SW	A	0.03%
	PNR	A	0.03%
	SOLV	D	0.03%
	WSO	A	0.03%
	OC	A	0.03%
	WSM	C	0.03%
	ALLY	C	0.02%
	KMX	B	0.02%
	TTC	C	0.02%
	NXPI	D	0.02%
	MKTX	D	0.02%
	NRG	B	0.02%
	ACI	C	0.02%
	AOS	F	0.02%
	SEIC	B	0.02%
	NMR	B	0.02%
	OVV	B	0.02%
	AER	A	0.02%
	MOS	F	0.02%
	AFG	A	0.02%
	PAYC	B	0.02%
	NDSN	B	0.02%
	IPG	D	0.02%
	DKS	D	0.02%
	EPAM	B	0.02%
	ALLE	C	0.02%
	APA	D	0.02%
	CPT	B	0.01%
	WTRG	B	0.01%
	CTLT	C	0.01%
	MGM	D	0.01%
	RPRX	D	0.01%
	MBAVU	C	0.01%
	HST	C	0.01%
	GLPI	C	0.01%
	DVA	C	0.01%
	HII	F	0.01%
	FOX	A	0.01%
	NWSA	A	0.01%
	REG	A	0.01%
	BURL	B	0.01%
	CCL	A	0.01%
	CE	F	0.01%
	TWLO	A	0.01%
	HSIC	C	0.01%
	BEN	C	0.01%
	CG	B	0.01%
	DOC	C	0.01%
	AES	F	0.01%
	CCEP	C	0.01%
	ACM	B	0.01%
	BXP	C	0.01%
	CHRD	D	0.01%
	CCK	D	0.01%
	AGCO	D	0.01%
	LKQ	F	0.01%
	WFG	C	0.01%
	SE	A	0.01%
	EMN	C	0.01%
	KNX	C	0.01%
	BSY	F	0.01%
	NI	A	0.01%
	ALB	B	0.01%
	EQH	C	0.01%
	UHS	D	0.01%
	APTV	F	0.01%
	FNF	B	0.01%
	CRBG	B	0.01%
	VST	A	0.01%
	CHRW	B	0.01%
	FOXA	A	0.01%
	MELI	C	0.01%
	TAP	C	0.01%
	CNH	C	0.01%
	PARA	C	0.01%
	ENPH	F	0.01%
	GLBE	B	0.0%
	IOT	A	0.0%
	XRX	F	0.0%
	DKNG	B	0.0%
	TOST	B	0.0%
	SNAP	D	0.0%
	H	B	0.0%
	PSTG	D	0.0%
	FUTU	D	0.0%
	HEI	A	0.0%
	DT	D	0.0%
	DAY	B	0.0%
	DOCU	B	0.0%
	EXAS	D	0.0%
	GRAB	A	0.0%
	TECH	F	0.0%
	ROKU	D	0.0%
	WYNN	C	0.0%
	OKTA	C	0.0%
	MSTR	B	0.0%
	LII	A	0.0%
	ELS	C	0.0%
	HOOD	B	0.0%
	TW	A	0.0%
	HEI	A	0.0%
	RIVN	F	0.0%
	Z	A	0.0%
	WLK	D	0.0%
	MTCH	D	0.0%
	LYV	A	0.0%
	QGEN	D	0.0%
	LW	C	0.0%
	APP	B	0.0%
	BBWI	C	0.0%
	CRL	D	0.0%
	BIO	C	0.0%
	TFX	F	0.0%
	UDR	B	0.0%
	QRVO	F	0.0%
	OTEX	F	0.0%
	AMH	C	0.0%
	UHAL	D	0.0%
	FBIN	D	0.0%

QWLD Underweight 7 Positions Relative to LGH

	Symbol	Grade	Weight
	SPXL	B	-18.6%
	TEAM	A	-0.06%
	ALNY	D	-0.05%
	MTD	F	-0.04%
	HUBS	A	-0.04%
	MDB	B	-0.03%
	UAL	A	-0.03%

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

LGH: Top Represented Industries & Keywords

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

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