QWLD vs. PTLC ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Pacer Trendpilot 750 ETF (PTLC)

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

PTLC

Pacer Trendpilot 750 ETF

PTLC Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Wilshire US Large-Cap Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.54

Average Daily Volume

139,814

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	PTLC
30 Days	0.82%	3.00%
60 Days	0.23%	4.44%
90 Days	0.87%	6.15%
12 Months	22.65%	30.45%

485 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in PTLC	Overlap
	A	D	0.06%	0.08%	0.06%
	AAPL	C	2.57%	6.9%	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%	0.4%	0.09%
	ACGL	D	0.26%	0.07%	0.07%
	ACN	C	0.65%	0.45%	0.45%
	ADBE	C	0.42%	0.47%	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%	0.03%	0.02%
	AMAT	F	0.29%	0.31%	0.29%
	AMCR	D	0.08%	0.03%	0.03%
	AMD	F	0.03%	0.45%	0.03%
	AME	A	0.01%	0.09%	0.01%
	AMGN	D	0.16%	0.32%	0.16%
	AMP	A	0.09%	0.11%	0.09%
	AMT	D	0.02%	0.18%	0.02%
	AMZN	C	0.37%	3.92%	0.37%
	ANET	C	0.19%	0.2%	0.19%
	ANSS	B	0.0%	0.06%	0.0%
	AON	A	0.17%	0.16%	0.16%
	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%	0.04%	0.01%
	AVB	B	0.01%	0.06%	0.01%
	AVGO	D	0.11%	1.58%	0.11%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.01%	0.05%	0.01%
	AXON	A	0.0%	0.08%	0.0%
	AXP	A	0.06%	0.32%	0.06%
	AZO	C	0.28%	0.1%	0.1%
	BA	F	0.01%	0.16%	0.01%
	BAC	A	0.39%	0.61%	0.39%
	BALL	D	0.01%	0.04%	0.01%
	BAX	D	0.01%	0.03%	0.01%
	BBWI	D	0.0%	0.0%	0.0%
	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%	0.02%	0.02%
	BIIB	F	0.01%	0.05%	0.01%
	BK	A	0.05%	0.11%	0.05%
	BKNG	A	0.03%	0.33%	0.03%
	BKR	B	0.02%	0.08%	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%	1.7%	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%	0.21%	0.21%
	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%	0.17%	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%	0.64%	0.06%
	CRWD	B	0.0%	0.16%	0.0%
	CSCO	B	1.03%	0.46%	0.46%
	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%	0.14%	0.14%
	CVX	A	0.33%	0.55%	0.33%
	D	C	0.06%	0.09%	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%	0.2%	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%	0.39%	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%	0.05%	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%	0.38%	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%	0.23%	0.23%
	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%	1.69%	0.94%
	GOOGL	C	1.07%	2.04%	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%	0.37%	0.17%
	GWW	B	0.11%	0.1%	0.1%
	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%	0.8%	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%	0.05%	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%	0.14%	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%	0.73%	0.73%
	JNPR	F	0.12%	0.02%	0.02%
	JPM	A	0.6%	1.37%	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%	0.1%	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%	0.05%	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%	1.23%	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%	0.19%	0.18%
	LULU	C	0.07%	0.08%	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%	0.85%	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%	0.22%	0.06%
	MET	A	0.05%	0.1%	0.05%
	META	D	2.11%	2.51%	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%	0.08%	0.07%
	MO	A	0.04%	0.19%	0.04%
	MOH	F	0.06%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.17%	0.1%	0.1%
	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%	0.33%	0.12%
	MSCI	C	0.0%	0.09%	0.0%
	MSFT	F	2.3%	6.31%	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%	0.22%	0.04%
	NDAQ	A	0.01%	0.06%	0.01%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.06%	0.31%	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%	0.18%	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%	7.18%	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%	0.45%	0.45%
	PFE	D	0.18%	0.29%	0.18%
	PFG	D	0.02%	0.04%	0.02%
	PG	A	0.95%	0.78%	0.78%
	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%	0.24%	0.0%
	PM	B	0.07%	0.4%	0.07%
	PNC	B	0.1%	0.16%	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%	0.1%	0.09%
	PSX	C	0.14%	0.11%	0.11%
	PTC	A	0.08%	0.05%	0.05%
	PWR	A	0.01%	0.09%	0.01%
	PYPL	B	0.04%	0.17%	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%	0.06%	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%	0.08%	0.08%
	RTX	C	0.09%	0.31%	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%	0.17%	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%	0.11%	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%	0.26%	0.03%
	SYY	B	0.03%	0.07%	0.03%
	T	A	0.39%	0.32%	0.32%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.14%	0.01%
	TDY	B	0.06%	0.05%	0.05%
	TECH	D	0.0%	0.02%	0.0%
	TER	D	0.02%	0.03%	0.02%
	TFC	A	0.09%	0.12%	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%	0.41%	0.06%
	TMUS	B	0.76%	0.23%	0.23%
	TRGP	B	0.04%	0.08%	0.04%
	TRMB	B	0.01%	0.04%	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%	1.72%	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%	0.3%	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%	1.09%	1.09%
	UNP	C	0.26%	0.29%	0.26%
	UPS	C	0.07%	0.19%	0.07%
	URI	B	0.02%	0.11%	0.02%
	USB	A	0.09%	0.16%	0.09%
	V	A	1.21%	1.02%	1.02%
	VICI	C	0.02%	0.06%	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%	0.25%	0.25%
	VST	B	0.01%	0.09%	0.01%
	VTR	C	0.01%	0.05%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.58%	0.34%	0.34%
	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%	0.15%	0.02%
	WFC	A	0.28%	0.49%	0.28%
	WM	A	0.52%	0.16%	0.16%
	WMB	A	0.19%	0.14%	0.14%
	WMT	A	0.76%	0.73%	0.73%
	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%	1.06%	0.47%
	XYL	D	0.01%	0.06%	0.01%
	YUM	B	0.15%	0.08%	0.08%
	ZBH	C	0.01%	0.04%	0.01%
	ZBRA	B	0.01%	0.04%	0.01%
	ZTS	D	0.15%	0.16%	0.15%

QWLD Overweight 125 Positions Relative to PTLC

	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%
	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 16 Positions Relative to PTLC

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

PTLC: 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 Packaged Foods Medical Devices Medical Instruments & Supplies 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 Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank