QWLD vs. SCHX ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Schwab U.S. Large-Cap ETF (SCHX)

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

SCHX

Schwab U.S. Large-Cap ETF

SCHX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$23.65

Average Daily Volume

7,807,373

Number of Holdings ^*

735

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	SCHX
30 Days	0.82%	3.68%
60 Days	0.23%	5.29%
90 Days	0.87%	7.05%
12 Months	22.65%	33.73%

573 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in SCHX	Overlap
	A	D	0.06%	0.07%	0.06%
	AAPL	C	2.57%	6.43%	2.57%
	ABBV	D	0.16%	0.56%	0.16%
	ABBV	D	0.34%	0.56%	0.34%
	ABNB	C	0.01%	0.11%	0.01%
	ABT	B	0.09%	0.37%	0.09%
	ACGL	D	0.26%	0.07%	0.07%
	ACI	C	0.02%	0.01%	0.01%
	ACM	A	0.01%	0.03%	0.01%
	ACN	C	0.65%	0.42%	0.42%
	ADBE	C	0.42%	0.44%	0.42%
	ADI	D	0.04%	0.2%	0.04%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.26%	0.23%	0.23%
	ADSK	A	0.1%	0.12%	0.1%
	AEE	A	0.09%	0.04%	0.04%
	AEP	D	0.07%	0.09%	0.07%
	AES	F	0.01%	0.02%	0.01%
	AFG	A	0.02%	0.02%	0.02%
	AFL	B	0.12%	0.1%	0.1%
	AGCO	D	0.01%	0.01%	0.01%
	AIG	B	0.07%	0.09%	0.07%
	AIZ	A	0.08%	0.02%	0.02%
	AJG	B	0.19%	0.12%	0.12%
	AKAM	D	0.11%	0.02%	0.02%
	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%
	ALLY	C	0.02%	0.02%	0.02%
	AMAT	F	0.29%	0.29%	0.29%
	AMCR	D	0.08%	0.03%	0.03%
	AMD	F	0.03%	0.42%	0.03%
	AME	A	0.01%	0.08%	0.01%
	AMGN	D	0.16%	0.29%	0.16%
	AMH	D	0.0%	0.02%	0.0%
	AMP	A	0.09%	0.1%	0.09%
	AMT	D	0.02%	0.17%	0.02%
	AMZN	C	0.37%	3.66%	0.37%
	ANET	C	0.19%	0.18%	0.18%
	ANSS	B	0.0%	0.06%	0.0%
	AON	A	0.17%	0.15%	0.15%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APD	A	0.03%	0.13%	0.03%
	APH	A	0.43%	0.16%	0.16%
	APO	B	0.02%	0.14%	0.02%
	APP	B	0.0%	0.11%	0.0%
	APTV	D	0.01%	0.03%	0.01%
	ARE	D	0.01%	0.03%	0.01%
	ARES	A	0.0%	0.06%	0.0%
	ATO	A	0.01%	0.04%	0.01%
	AVB	B	0.01%	0.06%	0.01%
	AVGO	D	0.11%	1.47%	0.11%
	AVTR	F	0.01%	0.03%	0.01%
	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%	0.3%	0.06%
	AZO	C	0.28%	0.1%	0.1%
	BA	F	0.01%	0.19%	0.01%
	BAC	A	0.39%	0.57%	0.39%
	BAH	F	0.15%	0.04%	0.04%
	BALL	D	0.01%	0.03%	0.01%
	BAX	D	0.01%	0.03%	0.01%
	BBWI	D	0.0%	0.01%	0.0%
	BBY	D	0.06%	0.03%	0.03%
	BDX	F	0.07%	0.12%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.03%	0.02%	0.02%
	BIIB	F	0.01%	0.04%	0.01%
	BIO	D	0.0%	0.01%	0.0%
	BK	A	0.05%	0.11%	0.05%
	BKNG	A	0.03%	0.31%	0.03%
	BKR	B	0.02%	0.08%	0.02%
	BLDR	D	0.05%	0.04%	0.04%
	BLK	C	0.25%	0.27%	0.25%
	BMRN	D	0.07%	0.02%	0.02%
	BMY	B	0.21%	0.22%	0.21%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.73%	1.59%	0.73%
	BRO	B	0.14%	0.05%	0.05%
	BSX	B	0.02%	0.24%	0.02%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.01%	0.03%	0.01%
	BX	A	0.03%	0.24%	0.03%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.25%	0.24%	0.24%
	CAG	D	0.04%	0.02%	0.02%
	CAH	B	0.13%	0.05%	0.05%
	CARR	D	0.02%	0.12%	0.02%
	CAT	B	0.36%	0.35%	0.35%
	CB	C	0.4%	0.2%	0.2%
	CBOE	B	0.24%	0.04%	0.04%
	CBRE	B	0.03%	0.07%	0.03%
	CCI	D	0.01%	0.08%	0.01%
	CCK	C	0.01%	0.02%	0.01%
	CCL	B	0.01%	0.05%	0.01%
	CDNS	B	0.13%	0.15%	0.13%
	CDW	F	0.07%	0.04%	0.04%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.02%	0.13%	0.02%
	CF	B	0.13%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CG	A	0.01%	0.02%	0.01%
	CHD	B	0.19%	0.05%	0.05%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	C	0.01%	0.02%	0.01%
	CHTR	C	0.05%	0.07%	0.05%
	CI	F	0.18%	0.17%	0.17%
	CINF	A	0.02%	0.04%	0.02%
	CL	D	0.2%	0.14%	0.14%
	CLX	B	0.01%	0.04%	0.01%
	CMCSA	B	0.17%	0.31%	0.17%
	CME	A	0.16%	0.15%	0.15%
	CMG	B	0.14%	0.15%	0.14%
	CMI	A	0.1%	0.09%	0.09%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.05%	0.06%	0.05%
	CNH	C	0.01%	0.02%	0.01%
	CNP	B	0.01%	0.04%	0.01%
	COF	B	0.1%	0.13%	0.1%
	COIN	C	0.01%	0.1%	0.01%
	COP	C	0.1%	0.24%	0.1%
	COR	B	0.41%	0.08%	0.08%
	COST	B	0.76%	0.76%	0.76%
	CPAY	A	0.01%	0.05%	0.01%
	CPB	D	0.09%	0.02%	0.02%
	CPRT	A	0.08%	0.09%	0.08%
	CPT	B	0.01%	0.02%	0.01%
	CRBG	B	0.01%	0.02%	0.01%
	CRL	C	0.0%	0.02%	0.0%
	CRM	B	0.06%	0.6%	0.06%
	CRWD	B	0.0%	0.15%	0.0%
	CSCO	B	1.03%	0.43%	0.43%
	CSGP	D	0.0%	0.06%	0.0%
	CSL	C	0.03%	0.04%	0.03%
	CSX	B	0.11%	0.13%	0.11%
	CTAS	B	0.14%	0.14%	0.14%
	CTLT	B	0.01%	0.02%	0.01%
	CTRA	B	0.02%	0.03%	0.02%
	CTSH	B	0.2%	0.07%	0.07%
	CTVA	C	0.04%	0.07%	0.04%
	CVS	D	0.16%	0.13%	0.13%
	CVX	A	0.33%	0.51%	0.33%
	D	C	0.06%	0.09%	0.06%
	DAL	C	0.01%	0.08%	0.01%
	DASH	A	0.01%	0.11%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	D	0.02%	0.06%	0.02%
	DDOG	A	0.0%	0.08%	0.0%
	DE	A	0.06%	0.19%	0.06%
	DECK	A	0.05%	0.05%	0.05%
	DELL	C	0.01%	0.07%	0.01%
	DFS	B	0.04%	0.08%	0.04%
	DG	F	0.01%	0.03%	0.01%
	DGX	A	0.11%	0.03%	0.03%
	DHI	D	0.1%	0.09%	0.09%
	DHR	F	0.05%	0.29%	0.05%
	DINO	D	0.05%	0.01%	0.01%
	DIS	B	0.1%	0.37%	0.1%
	DKNG	B	0.0%	0.04%	0.0%
	DKS	C	0.02%	0.02%	0.02%
	DLR	B	0.02%	0.1%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	D	0.01%	0.03%	0.01%
	DOCU	A	0.0%	0.03%	0.0%
	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%
	DT	C	0.0%	0.03%	0.0%
	DTE	C	0.02%	0.05%	0.02%
	DUK	C	0.36%	0.16%	0.16%
	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%	0.07%	0.07%
	EBAY	D	0.01%	0.06%	0.01%
	ECL	D	0.01%	0.12%	0.01%
	ED	D	0.35%	0.06%	0.06%
	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%
	ELS	C	0.0%	0.02%	0.0%
	ELV	F	0.21%	0.17%	0.17%
	EME	C	0.04%	0.04%	0.04%
	EMN	D	0.01%	0.02%	0.01%
	EMR	A	0.03%	0.14%	0.03%
	ENPH	F	0.01%	0.02%	0.01%
	ENTG	D	0.0%	0.03%	0.0%
	EOG	A	0.06%	0.14%	0.06%
	EPAM	C	0.02%	0.03%	0.02%
	EQH	B	0.01%	0.03%	0.01%
	EQIX	A	0.02%	0.16%	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%	0.27%	0.03%
	ETR	B	0.03%	0.06%	0.03%
	EVRG	A	0.01%	0.03%	0.01%
	EW	C	0.07%	0.07%	0.07%
	EXAS	D	0.0%	0.02%	0.0%
	EXC	C	0.03%	0.07%	0.03%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	B	0.01%	0.04%	0.01%
	EXR	D	0.01%	0.06%	0.01%
	F	C	0.09%	0.08%	0.08%
	FANG	D	0.09%	0.06%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FBIN	D	0.0%	0.02%	0.0%
	FCNCA	A	0.11%	0.05%	0.05%
	FCX	D	0.02%	0.12%	0.02%
	FDS	B	0.03%	0.03%	0.03%
	FDX	B	0.07%	0.12%	0.07%
	FE	C	0.01%	0.04%	0.01%
	FFIV	B	0.16%	0.03%	0.03%
	FI	A	0.09%	0.22%	0.09%
	FICO	B	0.05%	0.11%	0.05%
	FIS	C	0.02%	0.09%	0.02%
	FITB	A	0.03%	0.06%	0.03%
	FNF	B	0.01%	0.03%	0.01%
	FOXA	B	0.01%	0.03%	0.01%
	FSLR	F	0.01%	0.04%	0.01%
	FTNT	C	0.01%	0.11%	0.01%
	FTV	C	0.01%	0.05%	0.01%
	GD	F	0.18%	0.14%	0.14%
	GDDY	A	0.25%	0.05%	0.05%
	GE	D	0.31%	0.36%	0.31%
	GEHC	F	0.02%	0.07%	0.02%
	GEN	B	0.12%	0.03%	0.03%
	GEV	B	0.02%	0.17%	0.02%
	GGG	B	0.03%	0.03%	0.03%
	GILD	C	0.24%	0.21%	0.21%
	GIS	D	0.33%	0.07%	0.07%
	GLPI	C	0.01%	0.02%	0.01%
	GLW	B	0.02%	0.07%	0.02%
	GM	B	0.19%	0.12%	0.12%
	GOOG	C	0.94%	1.58%	0.94%
	GOOGL	C	1.07%	1.91%	1.07%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.02%	0.05%	0.02%
	GRMN	B	0.05%	0.06%	0.05%
	GS	A	0.17%	0.34%	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%	0.12%	0.04%
	HD	A	0.15%	0.75%	0.15%
	HEI	B	0.0%	0.05%	0.0%
	HEI	B	0.0%	0.05%	0.0%
	HES	B	0.01%	0.07%	0.01%
	HIG	B	0.03%	0.06%	0.03%
	HII	D	0.01%	0.01%	0.01%
	HLT	A	0.01%	0.11%	0.01%
	HOLX	D	0.01%	0.03%	0.01%
	HON	B	0.26%	0.28%	0.26%
	HOOD	B	0.0%	0.04%	0.0%
	HPE	B	0.04%	0.05%	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%	0.04%	0.04%
	HUM	C	0.15%	0.06%	0.06%
	HWM	A	0.01%	0.09%	0.01%
	IBM	C	0.46%	0.36%	0.36%
	ICE	C	0.03%	0.17%	0.03%
	IDXX	F	0.07%	0.06%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.01%	0.04%	0.01%
	ILMN	D	0.0%	0.04%	0.0%
	INCY	C	0.15%	0.02%	0.02%
	INTC	D	0.1%	0.2%	0.1%
	INTU	C	0.27%	0.36%	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%	0.06%	0.01%
	ISRG	A	0.25%	0.35%	0.25%
	IT	C	0.03%	0.08%	0.03%
	ITW	B	0.13%	0.14%	0.13%
	J	F	0.01%	0.03%	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%	0.02%	0.02%
	JNJ	D	1.1%	0.68%	0.68%
	JNPR	F	0.12%	0.02%	0.02%
	JPM	A	0.6%	1.27%	0.6%
	K	A	0.23%	0.04%	0.04%
	KDP	D	0.14%	0.07%	0.07%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	A	0.17%	0.05%	0.05%
	KHC	F	0.2%	0.05%	0.05%
	KIM	A	0.01%	0.03%	0.01%
	KKR	A	0.02%	0.19%	0.02%
	KLAC	D	0.14%	0.16%	0.14%
	KMB	D	0.11%	0.08%	0.08%
	KMI	A	0.04%	0.1%	0.04%
	KMX	B	0.02%	0.02%	0.02%
	KNX	B	0.01%	0.02%	0.01%
	KO	D	0.56%	0.45%	0.45%
	KR	B	0.31%	0.07%	0.07%
	KVUE	A	0.08%	0.08%	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%
	LII	A	0.0%	0.04%	0.0%
	LIN	D	0.06%	0.4%	0.06%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	1.14%	1.15%	1.14%
	LMT	D	0.42%	0.21%	0.21%
	LNG	B	0.06%	0.09%	0.06%
	LNT	A	0.03%	0.03%	0.03%
	LOW	D	0.07%	0.29%	0.07%
	LPLA	A	0.05%	0.04%	0.04%
	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%	0.8%	0.71%
	MAA	B	0.01%	0.03%	0.01%
	MANH	D	0.04%	0.03%	0.03%
	MAR	B	0.01%	0.12%	0.01%
	MAS	D	0.01%	0.03%	0.01%
	MCD	D	0.42%	0.4%	0.4%
	MCHP	D	0.06%	0.07%	0.06%
	MCK	B	0.58%	0.15%	0.15%
	MCO	B	0.13%	0.14%	0.13%
	MDLZ	F	0.14%	0.16%	0.14%
	MDT	D	0.06%	0.2%	0.06%
	MET	A	0.05%	0.09%	0.05%
	META	D	2.11%	2.34%	2.11%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.01%	0.03%	0.01%
	MKL	A	0.13%	0.04%	0.04%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.01%	0.07%	0.01%
	MMC	B	0.51%	0.2%	0.2%
	MMM	D	0.14%	0.13%	0.13%
	MNST	C	0.07%	0.07%	0.07%
	MO	A	0.04%	0.18%	0.04%
	MOH	F	0.06%	0.03%	0.03%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.17%	0.1%	0.1%
	MPWR	F	0.04%	0.05%	0.04%
	MRK	F	0.42%	0.46%	0.42%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	B	0.02%	0.03%	0.02%
	MRVL	B	0.01%	0.15%	0.01%
	MS	A	0.12%	0.31%	0.12%
	MSCI	C	0.0%	0.09%	0.0%
	MSFT	F	2.3%	5.88%	2.3%
	MSI	B	0.65%	0.15%	0.15%
	MSTR	C	0.0%	0.11%	0.0%
	MTB	A	0.05%	0.07%	0.05%
	MTCH	D	0.0%	0.01%	0.0%
	MU	D	0.04%	0.2%	0.04%
	NBIX	C	0.11%	0.02%	0.02%
	NDAQ	A	0.01%	0.06%	0.01%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.06%	0.29%	0.06%
	NEM	D	0.04%	0.09%	0.04%
	NET	B	0.0%	0.05%	0.0%
	NFLX	A	0.54%	0.67%	0.54%
	NI	A	0.01%	0.03%	0.01%
	NKE	D	0.17%	0.17%	0.17%
	NOC	D	0.32%	0.13%	0.13%
	NOW	A	0.01%	0.4%	0.01%
	NRG	B	0.02%	0.04%	0.02%
	NSC	B	0.03%	0.11%	0.03%
	NTAP	C	0.04%	0.05%	0.04%
	NTRS	A	0.02%	0.04%	0.02%
	NUE	C	0.04%	0.06%	0.04%
	NVDA	C	2.53%	6.69%	2.53%
	NVR	D	0.06%	0.05%	0.05%
	NWSA	B	0.01%	0.03%	0.01%
	NXPI	D	0.02%	0.11%	0.02%
	O	D	0.02%	0.09%	0.02%
	OC	A	0.03%	0.03%	0.03%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.03%	0.12%	0.03%
	OKTA	C	0.0%	0.02%	0.0%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.01%	0.05%	0.01%
	ORCL	B	0.25%	0.55%	0.25%
	ORLY	B	0.24%	0.13%	0.13%
	OTIS	C	0.01%	0.07%	0.01%
	OVV	B	0.02%	0.02%	0.02%
	OXY	D	0.03%	0.06%	0.03%
	PANW	C	0.18%	0.24%	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%	0.11%	0.11%
	PCG	A	0.03%	0.08%	0.03%
	PEG	A	0.02%	0.08%	0.02%
	PEP	F	0.77%	0.42%	0.42%
	PFE	D	0.18%	0.27%	0.18%
	PFG	D	0.02%	0.03%	0.02%
	PG	A	0.95%	0.73%	0.73%
	PGR	A	0.35%	0.28%	0.28%
	PH	A	0.02%	0.17%	0.02%
	PHM	D	0.06%	0.05%	0.05%
	PINS	D	0.0%	0.03%	0.0%
	PKG	A	0.04%	0.04%	0.04%
	PLD	D	0.04%	0.2%	0.04%
	PLTR	B	0.0%	0.22%	0.0%
	PM	B	0.07%	0.37%	0.07%
	PNC	B	0.1%	0.15%	0.1%
	PNR	A	0.03%	0.03%	0.03%
	PODD	C	0.0%	0.03%	0.0%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.01%	0.05%	0.01%
	PPL	B	0.01%	0.05%	0.01%
	PRU	A	0.05%	0.08%	0.05%
	PSA	D	0.09%	0.1%	0.09%
	PSTG	D	0.0%	0.03%	0.0%
	PSX	C	0.14%	0.1%	0.1%
	PTC	A	0.08%	0.04%	0.04%
	PWR	A	0.01%	0.09%	0.01%
	PYPL	B	0.04%	0.16%	0.04%
	QCOM	F	0.32%	0.34%	0.32%
	QRVO	F	0.0%	0.01%	0.0%
	RBLX	C	0.0%	0.05%	0.0%
	RCL	A	0.01%	0.1%	0.01%
	REG	B	0.01%	0.02%	0.01%
	REGN	F	0.31%	0.15%	0.15%
	RF	A	0.03%	0.04%	0.03%
	RIVN	F	0.0%	0.01%	0.0%
	RJF	A	0.02%	0.06%	0.02%
	RMD	C	0.05%	0.06%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROKU	D	0.0%	0.02%	0.0%
	ROL	B	0.08%	0.03%	0.03%
	ROP	B	0.48%	0.11%	0.11%
	ROST	C	0.02%	0.09%	0.02%
	RPM	A	0.01%	0.03%	0.01%
	RPRX	D	0.01%	0.02%	0.01%
	RS	B	0.02%	0.03%	0.02%
	RSG	A	0.46%	0.08%	0.08%
	RTX	C	0.09%	0.29%	0.09%
	RVTY	F	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.04%	0.01%
	SBUX	A	0.04%	0.21%	0.04%
	SCHW	B	0.04%	0.22%	0.04%
	SEIC	B	0.02%	0.01%	0.01%
	SHW	A	0.14%	0.17%	0.14%
	SJM	D	0.07%	0.02%	0.02%
	SLB	C	0.03%	0.11%	0.03%
	SMCI	F	0.01%	0.02%	0.01%
	SNA	A	0.04%	0.04%	0.04%
	SNAP	C	0.0%	0.02%	0.0%
	SNOW	C	0.0%	0.08%	0.0%
	SNPS	B	0.12%	0.16%	0.12%
	SO	D	0.46%	0.18%	0.18%
	SOLV	C	0.03%	0.02%	0.02%
	SPG	B	0.02%	0.1%	0.02%
	SPGI	C	0.04%	0.3%	0.04%
	SQ	B	0.02%	0.09%	0.02%
	SRE	A	0.04%	0.11%	0.04%
	SSNC	B	0.01%	0.03%	0.01%
	STE	F	0.01%	0.04%	0.01%
	STLD	B	0.02%	0.04%	0.02%
	STT	A	0.03%	0.05%	0.03%
	STX	D	0.01%	0.04%	0.01%
	STZ	D	0.01%	0.07%	0.01%
	SUI	D	0.01%	0.03%	0.01%
	SW	A	0.03%	0.05%	0.03%
	SWK	D	0.01%	0.02%	0.01%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.04%	0.05%	0.04%
	SYK	C	0.03%	0.24%	0.03%
	SYY	B	0.03%	0.07%	0.03%
	T	A	0.39%	0.3%	0.3%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.13%	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%	0.11%	0.09%
	TFX	F	0.0%	0.02%	0.0%
	TGT	F	0.15%	0.13%	0.13%
	TJX	A	0.35%	0.25%	0.25%
	TMO	F	0.06%	0.38%	0.06%
	TMUS	B	0.76%	0.22%	0.22%
	TOST	B	0.0%	0.03%	0.0%
	TPL	A	0.06%	0.05%	0.05%
	TRGP	B	0.04%	0.08%	0.04%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.01%	0.04%	0.01%
	TRV	B	0.3%	0.11%	0.11%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	0.16%	1.6%	0.16%
	TSN	B	0.15%	0.03%	0.03%
	TT	A	0.15%	0.17%	0.15%
	TTC	D	0.02%	0.02%	0.02%
	TTD	B	0.0%	0.1%	0.0%
	TTWO	A	0.01%	0.05%	0.01%
	TW	A	0.0%	0.03%	0.0%
	TWLO	A	0.01%	0.03%	0.01%
	TXN	C	0.48%	0.35%	0.35%
	TXT	D	0.01%	0.03%	0.01%
	TYL	B	0.0%	0.05%	0.0%
	UBER	D	0.01%	0.28%	0.01%
	UDR	B	0.0%	0.02%	0.0%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.01%	0.02%	0.01%
	ULTA	F	0.06%	0.03%	0.03%
	UNH	C	1.35%	1.01%	1.01%
	UNP	C	0.26%	0.27%	0.26%
	UPS	C	0.07%	0.18%	0.07%
	URI	B	0.02%	0.1%	0.02%
	USB	A	0.09%	0.15%	0.09%
	UTHR	C	0.15%	0.03%	0.03%
	V	A	1.21%	0.95%	0.95%
	VEEV	C	0.05%	0.06%	0.05%
	VICI	C	0.02%	0.06%	0.02%
	VLO	C	0.08%	0.08%	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%
	VRT	B	0.0%	0.08%	0.0%
	VRTX	F	0.43%	0.23%	0.23%
	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%	0.32%	0.32%
	WAB	B	0.01%	0.06%	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%
	WDAY	B	0.04%	0.11%	0.04%
	WDC	D	0.01%	0.04%	0.01%
	WEC	A	0.2%	0.06%	0.06%
	WELL	A	0.02%	0.14%	0.02%
	WFC	A	0.28%	0.46%	0.28%
	WLK	D	0.0%	0.01%	0.0%
	WM	A	0.52%	0.15%	0.15%
	WMB	A	0.19%	0.13%	0.13%
	WMT	A	0.76%	0.68%	0.68%
	WPC	D	0.01%	0.02%	0.01%
	WRB	A	0.14%	0.03%	0.03%
	WSM	B	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.03%	0.03%
	WST	C	0.04%	0.05%	0.04%
	WTRG	B	0.01%	0.02%	0.01%
	WTW	B	0.07%	0.06%	0.06%
	WY	D	0.02%	0.04%	0.02%
	WYNN	D	0.0%	0.02%	0.0%
	XEL	A	0.09%	0.07%	0.07%
	XOM	B	0.47%	0.99%	0.47%
	XYL	D	0.01%	0.05%	0.01%
	YUM	B	0.15%	0.07%	0.07%
	Z	A	0.0%	0.03%	0.0%
	ZBH	C	0.01%	0.04%	0.01%
	ZBRA	B	0.01%	0.04%	0.01%
	ZM	B	0.01%	0.04%	0.01%
	ZTS	D	0.15%	0.15%	0.15%

QWLD Overweight 37 Positions Relative to SCHX

	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%
	MUFG	B	0.14%
	TD	F	0.12%
	E	F	0.12%
	BCS	C	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%
	LOGI	D	0.06%
	BTI	B	0.05%
	MT	B	0.05%
	NMR	B	0.02%
	AER	B	0.02%
	MBAVU	D	0.01%
	FOX	A	0.01%
	CCEP	C	0.01%
	WFG	D	0.01%
	SE	B	0.01%
	MELI	D	0.01%
	GLBE	B	0.0%
	IOT	A	0.0%
	XRX	F	0.0%
	H	B	0.0%
	FUTU	D	0.0%
	GRAB	B	0.0%
	QGEN	D	0.0%
	OTEX	D	0.0%

QWLD Underweight 164 Positions Relative to SCHX

	Symbol	Grade	Weight
	FLUT	A	-0.09%
	HUBS	A	-0.07%
	TEAM	A	-0.07%
	UAL	A	-0.06%
	ALNY	D	-0.06%
	MTD	D	-0.05%
	CVNA	B	-0.05%
	IBKR	A	-0.04%
	ZS	C	-0.04%
	MDB	C	-0.04%
	CW	B	-0.03%
	SFM	A	-0.03%
	SOFI	A	-0.03%
	EWBC	A	-0.03%
	SAIA	B	-0.03%
	FLEX	A	-0.03%
	CASY	A	-0.03%
	RGA	A	-0.03%
	COHR	B	-0.03%
	FIX	A	-0.03%
	THC	D	-0.03%
	TOL	B	-0.03%
	GWRE	A	-0.03%
	USFD	A	-0.03%
	RBA	A	-0.03%
	XPO	B	-0.03%
	NTNX	A	-0.03%
	NTRA	B	-0.03%
	RRC	B	-0.02%
	ONTO	D	-0.02%
	LNW	D	-0.02%
	EGP	F	-0.02%
	HAS	D	-0.02%
	CBSH	A	-0.02%
	CZR	F	-0.02%
	OGE	B	-0.02%
	CHE	D	-0.02%
	MEDP	D	-0.02%
	FRT	B	-0.02%
	APG	B	-0.02%
	ZION	B	-0.02%
	PCTY	B	-0.02%
	SNX	C	-0.02%
	ORI	A	-0.02%
	CFR	B	-0.02%
	AR	B	-0.02%
	AXTA	A	-0.02%
	RGLD	C	-0.02%
	DCI	B	-0.02%
	PEN	B	-0.02%
	REXR	F	-0.02%
	MORN	B	-0.02%
	WMS	D	-0.02%
	AAL	B	-0.02%
	WCC	B	-0.02%
	CMA	A	-0.02%
	PR	B	-0.02%
	WING	D	-0.02%
	TPX	B	-0.02%
	GL	B	-0.02%
	MUSA	A	-0.02%
	LAD	A	-0.02%
	WAL	B	-0.02%
	CIEN	B	-0.02%
	EHC	B	-0.02%
	ARMK	B	-0.02%
	OHI	C	-0.02%
	AYI	B	-0.02%
	WBS	A	-0.02%
	PNW	B	-0.02%
	CHDN	B	-0.02%
	SRPT	D	-0.02%
	WWD	B	-0.02%
	KNSL	B	-0.02%
	AA	B	-0.02%
	GME	C	-0.02%
	CUBE	D	-0.02%
	FHN	A	-0.02%
	BLD	D	-0.02%
	TTEK	F	-0.02%
	CACI	D	-0.02%
	FND	C	-0.02%
	LAMR	D	-0.02%
	GNRC	B	-0.02%
	BJ	A	-0.02%
	ATR	B	-0.02%
	LBRDK	C	-0.02%
	RRX	B	-0.02%
	LECO	B	-0.02%
	OWL	A	-0.02%
	NCLH	B	-0.02%
	JEF	A	-0.02%
	INSM	C	-0.02%
	FTI	A	-0.02%
	SCI	B	-0.02%
	UNM	A	-0.02%
	NVT	B	-0.02%
	JLL	D	-0.02%
	ITT	A	-0.02%
	CLH	B	-0.02%
	TXRH	C	-0.02%
	TPR	B	-0.02%
	PFGC	B	-0.02%
	RNR	C	-0.02%
	COTY	F	-0.01%
	PAG	B	-0.01%
	CELH	F	-0.01%
	PSN	D	-0.01%
	ST	F	-0.01%
	POST	C	-0.01%
	ROIV	C	-0.01%
	LEA	D	-0.01%
	U	C	-0.01%
	CLF	F	-0.01%
	PATH	C	-0.01%
	COLD	D	-0.01%
	BRKR	D	-0.01%
	ETSY	D	-0.01%
	SIRI	C	-0.01%
	ARW	D	-0.01%
	STWD	C	-0.01%
	NOV	C	-0.01%
	WSC	D	-0.01%
	DAR	C	-0.01%
	VFC	C	-0.01%
	MTN	C	-0.01%
	ELAN	D	-0.01%
	FMC	D	-0.01%
	CGNX	C	-0.01%
	LSCC	D	-0.01%
	GNTX	C	-0.01%
	MASI	A	-0.01%
	COKE	C	-0.01%
	ALV	C	-0.01%
	G	B	-0.01%
	OLED	D	-0.01%
	MHK	D	-0.01%
	RGEN	D	-0.01%
	AGNC	D	-0.01%
	MIDD	C	-0.01%
	WEX	D	-0.01%
	BERY	B	-0.01%
	ESTC	C	-0.01%
	PCOR	B	-0.01%
	JAZZ	B	-0.01%
	NNN	D	-0.01%
	WH	B	-0.01%
	TREX	C	-0.01%
	BWA	D	-0.01%
	RHI	B	-0.01%
	TKO	B	-0.01%
	IVZ	B	-0.01%
	VOYA	B	-0.01%
	KBR	F	-0.01%
	CNM	D	-0.01%
	CNA	B	-0.0%
	REYN	D	-0.0%
	UI	A	-0.0%
	PPC	C	-0.0%
	RCM	F	-0.0%
	LCID	F	-0.0%
	AGR	B	-0.0%
	BOKF	B	-0.0%
	ADTN	A	-0.0%

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

SCHX: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Utilities - Regulated Electric Asset Management Banks - Regional - US Diagnostics & Research Biotechnology Oil & Gas E&P Semiconductors Specialty Retail Software - Infrastructure Capital Markets Aerospace & Defense Insurance - Property & Casualty Packaged Foods REIT - Residential Specialty Chemicals Drug Manufacturers - Major Engineering & Construction

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