QWLD vs. TOK ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to iShares MSCI KLD 400 Social ETF (TOK)

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

$127.97

Average Daily Volume

3,476

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

TOK

iShares MSCI KLD 400 Social ETF

TOK Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Kokusai Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure equity market performance in those countries that MSCI Inc. ("MSCI") has classified as having developed economies, excluding Japan ("DEEJ").

Grade (RS Rating)

Last Trade

$118.71

Average Daily Volume

19,067

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	TOK
30 Days	-0.47%	1.18%
60 Days	0.20%	2.95%
90 Days	0.50%	3.92%
12 Months	22.20%	27.84%

578 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in TOK	Overlap
	A	D	0.06%	0.06%	0.06%
	AAPL	C	2.57%	4.85%	2.57%
	ABBV	F	0.34%	0.45%	0.34%
	ABBV	F	0.16%	0.45%	0.16%
	ABNB	C	0.01%	0.09%	0.01%
	ABT	B	0.09%	0.3%	0.09%
	ACGL	C	0.26%	0.06%	0.06%
	ACI	C	0.02%	0.01%	0.01%
	ACM	B	0.01%	0.02%	0.01%
	ACN	B	0.65%	0.33%	0.33%
	ADBE	C	0.42%	0.35%	0.35%
	ADI	D	0.04%	0.16%	0.04%
	ADM	D	0.05%	0.04%	0.04%
	ADP	A	0.26%	0.19%	0.19%
	ADSK	A	0.1%	0.1%	0.1%
	AEE	A	0.09%	0.04%	0.04%
	AEP	C	0.07%	0.07%	0.07%
	AES	F	0.01%	0.01%	0.01%
	AFG	A	0.02%	0.02%	0.02%
	AFL	B	0.12%	0.09%	0.09%
	AIG	B	0.07%	0.07%	0.07%
	AIZ	A	0.08%	0.02%	0.02%
	AJG	A	0.19%	0.09%	0.09%
	AKAM	D	0.11%	0.02%	0.02%
	ALB	B	0.01%	0.02%	0.01%
	ALGN	D	0.0%	0.02%	0.0%
	ALL	A	0.08%	0.08%	0.08%
	ALLE	C	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.01%	0.01%
	AMAT	F	0.29%	0.23%	0.23%
	AMCR	C	0.08%	0.02%	0.02%
	AMD	F	0.03%	0.35%	0.03%
	AME	A	0.01%	0.07%	0.01%
	AMGN	F	0.16%	0.24%	0.16%
	AMH	C	0.0%	0.02%	0.0%
	AMP	A	0.09%	0.09%	0.09%
	AMT	C	0.02%	0.14%	0.02%
	AMZN	C	0.37%	2.91%	0.37%
	ANET	C	0.19%	0.16%	0.16%
	ANSS	B	0.0%	0.04%	0.0%
	AON	A	0.17%	0.11%	0.11%
	AOS	F	0.02%	0.01%	0.01%
	APA	D	0.02%	0.01%	0.01%
	APD	A	0.03%	0.11%	0.03%
	APH	A	0.43%	0.13%	0.13%
	APO	B	0.02%	0.1%	0.02%
	APP	B	0.0%	0.09%	0.0%
	APTV	F	0.01%	0.02%	0.01%
	ARE	F	0.01%	0.03%	0.01%
	ARES	A	0.0%	0.05%	0.0%
	ATO	A	0.01%	0.03%	0.01%
	AVB	B	0.01%	0.05%	0.01%
	AVGO	D	0.11%	1.16%	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%	0.07%	0.0%
	AXP	A	0.06%	0.25%	0.06%
	AZO	C	0.28%	0.08%	0.08%
	BA	F	0.01%	0.16%	0.01%
	BAC	A	0.39%	0.48%	0.39%
	BAH	F	0.15%	0.04%	0.04%
	BALL	F	0.01%	0.03%	0.01%
	BAX	F	0.01%	0.03%	0.01%
	BBWI	C	0.0%	0.01%	0.0%
	BBY	D	0.06%	0.03%	0.03%
	BDX	F	0.07%	0.1%	0.07%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.03%	0.02%	0.02%
	BIIB	F	0.01%	0.04%	0.01%
	BIO	C	0.0%	0.01%	0.0%
	BK	A	0.05%	0.09%	0.05%
	BKNG	A	0.03%	0.26%	0.03%
	BKR	A	0.02%	0.07%	0.02%
	BLDR	D	0.05%	0.03%	0.03%
	BLK	B	0.25%	0.23%	0.23%
	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%	0.92%	0.73%
	BRO	B	0.14%	0.04%	0.04%
	BSX	A	0.02%	0.2%	0.02%
	BSY	F	0.01%	0.01%	0.01%
	BURL	B	0.01%	0.03%	0.01%
	BX	A	0.03%	0.19%	0.03%
	BXP	C	0.01%	0.02%	0.01%
	C	A	0.25%	0.2%	0.2%
	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%	0.29%	0.29%
	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%	0.07%	0.01%
	CCK	D	0.01%	0.02%	0.01%
	CCL	A	0.01%	0.03%	0.01%
	CDNS	B	0.13%	0.12%	0.12%
	CDW	F	0.07%	0.04%	0.04%
	CE	F	0.01%	0.01%	0.01%
	CEG	C	0.02%	0.11%	0.02%
	CF	A	0.13%	0.02%	0.02%
	CFG	B	0.04%	0.03%	0.03%
	CG	B	0.01%	0.02%	0.01%
	CHD	A	0.19%	0.04%	0.04%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	B	0.01%	0.02%	0.01%
	CHTR	C	0.05%	0.06%	0.05%
	CI	D	0.18%	0.15%	0.15%
	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%	0.12%	0.12%
	CMG	B	0.14%	0.12%	0.12%
	CMI	A	0.1%	0.07%	0.07%
	CMS	C	0.05%	0.03%	0.03%
	CNC	D	0.05%	0.05%	0.05%
	CNH	C	0.01%	0.01%	0.01%
	CNP	A	0.01%	0.03%	0.01%
	COF	C	0.1%	0.11%	0.1%
	COIN	C	0.01%	0.09%	0.01%
	COP	C	0.1%	0.19%	0.1%
	COR	B	0.41%	0.07%	0.07%
	COST	A	0.76%	0.62%	0.62%
	CPAY	A	0.01%	0.04%	0.01%
	CPB	D	0.09%	0.01%	0.01%
	CPRT	B	0.08%	0.07%	0.07%
	CPT	B	0.01%	0.02%	0.01%
	CRL	D	0.0%	0.02%	0.0%
	CRM	B	0.06%	0.49%	0.06%
	CRWD	B	0.0%	0.12%	0.0%
	CSCO	B	1.03%	0.35%	0.35%
	CSGP	D	0.0%	0.04%	0.0%
	CSL	C	0.03%	0.03%	0.03%
	CSX	C	0.11%	0.1%	0.1%
	CTAS	B	0.14%	0.12%	0.12%
	CTLT	C	0.01%	0.01%	0.01%
	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%	0.41%	0.33%
	D	C	0.06%	0.07%	0.06%
	DAL	B	0.01%	0.01%	0.01%
	DASH	B	0.01%	0.08%	0.01%
	DAY	B	0.0%	0.02%	0.0%
	DD	C	0.02%	0.05%	0.02%
	DDOG	A	0.0%	0.05%	0.0%
	DE	B	0.06%	0.15%	0.06%
	DECK	A	0.05%	0.04%	0.04%
	DELL	B	0.01%	0.06%	0.01%
	DFS	B	0.04%	0.07%	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%	0.24%	0.05%
	DINO	D	0.05%	0.01%	0.01%
	DIS	B	0.1%	0.27%	0.1%
	DKNG	B	0.0%	0.03%	0.0%
	DKS	D	0.02%	0.02%	0.02%
	DLR	B	0.02%	0.09%	0.02%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	C	0.01%	0.02%	0.01%
	DOCU	B	0.0%	0.03%	0.0%
	DOV	A	0.05%	0.04%	0.04%
	DOW	F	0.03%	0.05%	0.03%
	DPZ	C	0.06%	0.02%	0.02%
	DRI	B	0.03%	0.03%	0.03%
	DT	D	0.0%	0.02%	0.0%
	DTE	C	0.02%	0.04%	0.02%
	DUK	C	0.36%	0.13%	0.13%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.03%	0.04%	0.03%
	DXCM	C	0.0%	0.04%	0.0%
	EA	A	0.2%	0.06%	0.06%
	EBAY	D	0.01%	0.05%	0.01%
	ECL	D	0.01%	0.09%	0.01%
	ED	C	0.35%	0.05%	0.05%
	EFX	F	0.01%	0.05%	0.01%
	EG	C	0.06%	0.03%	0.03%
	EIX	B	0.03%	0.05%	0.03%
	EL	F	0.01%	0.02%	0.01%
	ELS	C	0.0%	0.02%	0.0%
	ELV	F	0.21%	0.14%	0.14%
	EME	A	0.04%	0.04%	0.04%
	EMN	C	0.01%	0.02%	0.01%
	EMR	B	0.03%	0.11%	0.03%
	ENPH	F	0.01%	0.01%	0.01%
	ENTG	D	0.0%	0.02%	0.0%
	EOG	A	0.06%	0.12%	0.06%
	EPAM	B	0.02%	0.02%	0.02%
	EQH	C	0.01%	0.02%	0.01%
	EQIX	A	0.02%	0.13%	0.02%
	EQR	C	0.01%	0.04%	0.01%
	EQT	B	0.02%	0.04%	0.02%
	ERIE	D	0.12%	0.01%	0.01%
	ES	C	0.01%	0.03%	0.01%
	ESS	B	0.01%	0.03%	0.01%
	ETN	A	0.03%	0.22%	0.03%
	ETR	B	0.03%	0.05%	0.03%
	EVRG	A	0.01%	0.02%	0.01%
	EW	C	0.07%	0.06%	0.06%
	EXAS	D	0.0%	0.01%	0.0%
	EXC	C	0.03%	0.06%	0.03%
	EXPD	C	0.04%	0.03%	0.03%
	EXPE	B	0.01%	0.04%	0.01%
	EXR	C	0.01%	0.05%	0.01%
	F	C	0.09%	0.06%	0.06%
	FANG	C	0.09%	0.05%	0.05%
	FAST	B	0.09%	0.07%	0.07%
	FBIN	D	0.0%	0.01%	0.0%
	FCNCA	A	0.11%	0.03%	0.03%
	FCX	F	0.02%	0.09%	0.02%
	FDS	B	0.03%	0.03%	0.03%
	FDX	B	0.07%	0.1%	0.07%
	FE	C	0.01%	0.04%	0.01%
	FFIV	B	0.16%	0.02%	0.02%
	FI	A	0.09%	0.19%	0.09%
	FICO	B	0.05%	0.09%	0.05%
	FIS	C	0.02%	0.07%	0.02%
	FITB	B	0.03%	0.05%	0.03%
	FNF	B	0.01%	0.03%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.01%	0.02%	0.01%
	FSLR	F	0.01%	0.03%	0.01%
	FTNT	C	0.01%	0.1%	0.01%
	FTV	C	0.01%	0.04%	0.01%
	GD	D	0.18%	0.11%	0.11%
	GDDY	A	0.25%	0.04%	0.04%
	GE	D	0.31%	0.3%	0.3%
	GEHC	D	0.02%	0.05%	0.02%
	GEN	B	0.12%	0.03%	0.03%
	GEV	B	0.02%	0.13%	0.02%
	GGG	B	0.03%	0.02%	0.02%
	GILD	C	0.24%	0.18%	0.18%
	GIS	D	0.33%	0.05%	0.05%
	GLPI	C	0.01%	0.02%	0.01%
	GLW	B	0.02%	0.06%	0.02%
	GM	C	0.19%	0.1%	0.1%
	GOOG	C	0.94%	1.37%	0.94%
	GOOGL	C	1.07%	1.59%	1.07%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	B	0.05%	0.05%	0.05%
	GS	A	0.17%	0.29%	0.17%
	GWW	B	0.11%	0.08%	0.08%
	H	B	0.0%	0.01%	0.0%
	HAL	C	0.02%	0.04%	0.02%
	HBAN	A	0.03%	0.04%	0.03%
	HCA	F	0.04%	0.1%	0.04%
	HD	B	0.15%	0.59%	0.15%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HES	B	0.01%	0.06%	0.01%
	HIG	B	0.03%	0.05%	0.03%
	HII	F	0.01%	0.01%	0.01%
	HLT	A	0.01%	0.1%	0.01%
	HOLX	D	0.01%	0.03%	0.01%
	HON	C	0.26%	0.22%	0.22%
	HOOD	B	0.0%	0.03%	0.0%
	HPE	B	0.04%	0.04%	0.04%
	HPQ	B	0.04%	0.05%	0.04%
	HRL	D	0.09%	0.01%	0.01%
	HSIC	C	0.01%	0.01%	0.01%
	HST	C	0.01%	0.02%	0.01%
	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%	0.29%	0.29%
	ICE	C	0.03%	0.13%	0.03%
	IDXX	F	0.07%	0.05%	0.05%
	IEX	C	0.03%	0.03%	0.03%
	IFF	D	0.01%	0.03%	0.01%
	ILMN	C	0.0%	0.03%	0.0%
	INCY	C	0.15%	0.02%	0.02%
	INTC	C	0.1%	0.15%	0.1%
	INTU	B	0.27%	0.29%	0.27%
	INVH	D	0.01%	0.03%	0.01%
	IOT	A	0.0%	0.02%	0.0%
	IP	A	0.02%	0.03%	0.02%
	IPG	D	0.02%	0.02%	0.02%
	IQV	F	0.01%	0.06%	0.01%
	IR	B	0.01%	0.06%	0.01%
	IRM	C	0.01%	0.05%	0.01%
	ISRG	A	0.25%	0.28%	0.25%
	IT	C	0.03%	0.07%	0.03%
	ITW	B	0.13%	0.12%	0.12%
	J	D	0.01%	0.03%	0.01%
	JBHT	C	0.03%	0.02%	0.02%
	JBL	C	0.02%	0.03%	0.02%
	JCI	B	0.03%	0.08%	0.03%
	JKHY	D	0.07%	0.02%	0.02%
	JNJ	C	1.1%	0.54%	0.54%
	JNPR	D	0.12%	0.02%	0.02%
	JPM	A	0.6%	1.02%	0.6%
	K	A	0.23%	0.03%	0.03%
	KDP	F	0.14%	0.05%	0.05%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	A	0.17%	0.04%	0.04%
	KHC	F	0.2%	0.04%	0.04%
	KIM	A	0.01%	0.03%	0.01%
	KKR	A	0.02%	0.14%	0.02%
	KLAC	F	0.14%	0.13%	0.13%
	KMB	C	0.11%	0.07%	0.07%
	KMI	A	0.04%	0.08%	0.04%
	KMX	B	0.02%	0.02%	0.02%
	KNX	C	0.01%	0.01%	0.01%
	KO	D	0.56%	0.38%	0.38%
	KR	B	0.31%	0.06%	0.06%
	KVUE	A	0.08%	0.07%	0.07%
	L	A	0.17%	0.02%	0.02%
	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%	0.08%	0.02%
	LII	A	0.0%	0.03%	0.0%
	LIN	C	0.06%	0.32%	0.06%
	LKQ	F	0.01%	0.01%	0.01%
	LLY	F	1.14%	0.98%	0.98%
	LMT	D	0.42%	0.18%	0.18%
	LNG	A	0.06%	0.07%	0.06%
	LNT	A	0.03%	0.02%	0.02%
	LOW	C	0.07%	0.23%	0.07%
	LPLA	A	0.05%	0.04%	0.04%
	LRCX	F	0.18%	0.15%	0.15%
	LULU	C	0.07%	0.06%	0.06%
	LUV	C	0.0%	0.01%	0.0%
	LVS	B	0.0%	0.03%	0.0%
	LW	C	0.0%	0.02%	0.0%
	LYB	F	0.03%	0.03%	0.03%
	LYV	A	0.0%	0.03%	0.0%
	MA	B	0.71%	0.65%	0.65%
	MAA	B	0.01%	0.03%	0.01%
	MANH	D	0.04%	0.03%	0.03%
	MAR	A	0.01%	0.1%	0.01%
	MAS	D	0.01%	0.03%	0.01%
	MCD	D	0.42%	0.32%	0.32%
	MCHP	F	0.06%	0.05%	0.05%
	MCK	A	0.58%	0.12%	0.12%
	MCO	B	0.13%	0.12%	0.12%
	MDLZ	F	0.14%	0.13%	0.13%
	MDT	D	0.06%	0.17%	0.06%
	MELI	C	0.01%	0.13%	0.01%
	MET	A	0.05%	0.07%	0.05%
	META	D	2.11%	1.9%	1.9%
	MGM	D	0.01%	0.01%	0.01%
	MKC	C	0.01%	0.03%	0.01%
	MKL	A	0.13%	0.03%	0.03%
	MKTX	D	0.02%	0.01%	0.01%
	MLM	C	0.01%	0.06%	0.01%
	MMC	B	0.51%	0.16%	0.16%
	MMM	D	0.14%	0.11%	0.11%
	MNST	C	0.07%	0.06%	0.06%
	MO	A	0.04%	0.14%	0.04%
	MOH	F	0.06%	0.03%	0.03%
	MOS	F	0.02%	0.01%	0.01%
	MPC	D	0.17%	0.08%	0.08%
	MPWR	F	0.04%	0.05%	0.04%
	MRK	D	0.42%	0.37%	0.37%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	B	0.02%	0.03%	0.02%
	MRVL	B	0.01%	0.12%	0.01%
	MS	A	0.12%	0.24%	0.12%
	MSCI	C	0.0%	0.07%	0.0%
	MSFT	D	2.3%	4.44%	2.3%
	MSI	B	0.65%	0.12%	0.12%
	MSTR	B	0.0%	0.08%	0.0%
	MTB	A	0.05%	0.05%	0.05%
	MTCH	D	0.0%	0.01%	0.0%
	MU	D	0.04%	0.17%	0.04%
	NBIX	C	0.11%	0.02%	0.02%
	NDAQ	A	0.01%	0.05%	0.01%
	NDSN	B	0.02%	0.02%	0.02%
	NEE	C	0.06%	0.23%	0.06%
	NEM	D	0.04%	0.07%	0.04%
	NET	B	0.0%	0.04%	0.0%
	NFLX	A	0.54%	0.52%	0.52%
	NI	A	0.01%	0.02%	0.01%
	NKE	F	0.17%	0.14%	0.14%
	NOC	D	0.32%	0.11%	0.11%
	NOW	A	0.01%	0.32%	0.01%
	NRG	B	0.02%	0.03%	0.02%
	NSC	B	0.03%	0.09%	0.03%
	NTAP	C	0.04%	0.04%	0.04%
	NTRS	A	0.02%	0.03%	0.02%
	NUE	C	0.04%	0.05%	0.04%
	NVDA	B	2.53%	5.42%	2.53%
	NVR	D	0.06%	0.04%	0.04%
	NWSA	A	0.01%	0.02%	0.01%
	NXPI	D	0.02%	0.08%	0.02%
	O	C	0.02%	0.07%	0.02%
	OC	A	0.03%	0.02%	0.02%
	ODFL	C	0.08%	0.07%	0.07%
	OKE	A	0.03%	0.09%	0.03%
	OKTA	C	0.0%	0.02%	0.0%
	OMC	C	0.04%	0.03%	0.03%
	ON	D	0.01%	0.05%	0.01%
	ORCL	A	0.25%	0.47%	0.25%
	ORLY	B	0.24%	0.11%	0.11%
	OTIS	C	0.01%	0.06%	0.01%
	OVV	B	0.02%	0.02%	0.02%
	OXY	D	0.03%	0.05%	0.03%
	PANW	B	0.18%	0.19%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.1%	0.07%	0.07%
	PCAR	B	0.11%	0.09%	0.09%
	PCG	A	0.03%	0.06%	0.03%
	PEG	A	0.02%	0.06%	0.02%
	PEP	F	0.77%	0.34%	0.34%
	PFE	F	0.18%	0.22%	0.18%
	PFG	D	0.02%	0.03%	0.02%
	PG	C	0.95%	0.58%	0.58%
	PGR	A	0.35%	0.23%	0.23%
	PH	A	0.02%	0.13%	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%	0.16%	0.04%
	PLTR	B	0.0%	0.18%	0.0%
	PM	B	0.07%	0.28%	0.07%
	PNC	B	0.1%	0.12%	0.1%
	PNR	A	0.03%	0.03%	0.03%
	PODD	C	0.0%	0.03%	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%	0.08%	0.08%
	PSTG	D	0.0%	0.02%	0.0%
	PSX	C	0.14%	0.08%	0.08%
	PTC	B	0.08%	0.04%	0.04%
	PWR	A	0.01%	0.07%	0.01%
	PYPL	B	0.04%	0.13%	0.04%
	QCOM	F	0.32%	0.27%	0.27%
	QRVO	F	0.0%	0.01%	0.0%
	RBLX	C	0.0%	0.04%	0.0%
	RCL	A	0.01%	0.09%	0.01%
	REG	A	0.01%	0.02%	0.01%
	REGN	F	0.31%	0.13%	0.13%
	RF	A	0.03%	0.04%	0.03%
	RIVN	F	0.0%	0.01%	0.0%
	RJF	A	0.02%	0.05%	0.02%
	RMD	C	0.05%	0.05%	0.05%
	ROK	C	0.06%	0.05%	0.05%
	ROKU	D	0.0%	0.01%	0.0%
	ROL	B	0.08%	0.02%	0.02%
	ROP	B	0.48%	0.09%	0.09%
	ROST	D	0.02%	0.07%	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%	0.07%	0.07%
	RTX	D	0.09%	0.24%	0.09%
	RVTY	F	0.01%	0.02%	0.01%
	SBAC	D	0.01%	0.03%	0.01%
	SBUX	A	0.04%	0.17%	0.04%
	SCHW	B	0.04%	0.18%	0.04%
	SEIC	B	0.02%	0.01%	0.01%
	SHW	B	0.14%	0.14%	0.14%
	SJM	D	0.07%	0.02%	0.02%
	SLB	C	0.03%	0.09%	0.03%
	SMCI	F	0.01%	0.02%	0.01%
	SNA	A	0.04%	0.03%	0.03%
	SNAP	D	0.0%	0.02%	0.0%
	SNOW	B	0.0%	0.06%	0.0%
	SNPS	B	0.12%	0.13%	0.12%
	SO	C	0.46%	0.14%	0.14%
	SOLV	D	0.03%	0.01%	0.01%
	SPG	A	0.02%	0.09%	0.02%
	SPGI	C	0.04%	0.24%	0.04%
	SQ	A	0.02%	0.07%	0.02%
	SRE	A	0.04%	0.09%	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%	0.06%	0.01%
	SUI	C	0.01%	0.02%	0.01%
	SW	A	0.03%	0.04%	0.03%
	SWK	D	0.01%	0.02%	0.01%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.04%	0.04%	0.04%
	SYK	B	0.03%	0.2%	0.03%
	SYY	D	0.03%	0.06%	0.03%
	T	A	0.39%	0.24%	0.24%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.01%	0.11%	0.01%
	TDY	B	0.06%	0.03%	0.03%
	TECH	F	0.0%	0.02%	0.0%
	TER	F	0.02%	0.03%	0.02%
	TFC	A	0.09%	0.09%	0.09%
	TFX	F	0.0%	0.01%	0.0%
	TGT	F	0.15%	0.11%	0.11%
	TJX	A	0.35%	0.2%	0.2%
	TMO	F	0.06%	0.31%	0.06%
	TMUS	B	0.76%	0.19%	0.19%
	TOST	B	0.0%	0.02%	0.0%
	TPL	A	0.06%	0.04%	0.04%
	TRGP	A	0.04%	0.06%	0.04%
	TRMB	B	0.01%	0.03%	0.01%
	TROW	B	0.05%	0.04%	0.04%
	TRU	D	0.01%	0.03%	0.01%
	TRV	B	0.3%	0.09%	0.09%
	TSCO	D	0.06%	0.05%	0.05%
	TSLA	B	0.16%	1.4%	0.16%
	TSN	B	0.15%	0.03%	0.03%
	TT	A	0.15%	0.14%	0.14%
	TTC	C	0.02%	0.01%	0.01%
	TTD	B	0.0%	0.09%	0.0%
	TTWO	A	0.01%	0.04%	0.01%
	TW	A	0.0%	0.02%	0.0%
	TWLO	A	0.01%	0.02%	0.01%
	TXN	C	0.48%	0.29%	0.29%
	TXT	D	0.01%	0.03%	0.01%
	TYL	B	0.0%	0.04%	0.0%
	UBER	F	0.01%	0.2%	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	B	1.35%	0.84%	0.84%
	UNP	C	0.26%	0.22%	0.22%
	UPS	C	0.07%	0.14%	0.07%
	URI	C	0.02%	0.09%	0.02%
	USB	A	0.09%	0.12%	0.09%
	UTHR	C	0.15%	0.03%	0.03%
	V	A	1.21%	0.73%	0.73%
	VEEV	C	0.05%	0.05%	0.05%
	VICI	C	0.02%	0.05%	0.02%
	VLO	C	0.08%	0.07%	0.07%
	VLTO	C	0.05%	0.04%	0.04%
	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%	0.07%	0.0%
	VRTX	D	0.43%	0.19%	0.19%
	VST	A	0.01%	0.07%	0.01%
	VTR	B	0.01%	0.04%	0.01%
	VTRS	A	0.03%	0.02%	0.02%
	VZ	C	0.58%	0.25%	0.25%
	WAB	B	0.01%	0.05%	0.01%
	WAT	C	0.04%	0.03%	0.03%
	WBA	F	0.04%	0.01%	0.01%
	WBD	B	0.07%	0.03%	0.03%
	WCN	A	0.27%	0.07%	0.07%
	WDAY	B	0.04%	0.08%	0.04%
	WDC	D	0.01%	0.03%	0.01%
	WEC	A	0.2%	0.04%	0.04%
	WELL	A	0.02%	0.12%	0.02%
	WFC	A	0.28%	0.38%	0.28%
	WLK	D	0.0%	0.01%	0.0%
	WM	B	0.52%	0.13%	0.13%
	WMB	A	0.19%	0.1%	0.1%
	WMT	A	0.76%	0.56%	0.56%
	WPC	C	0.01%	0.02%	0.01%
	WRB	A	0.14%	0.03%	0.03%
	WSM	C	0.03%	0.02%	0.02%
	WSO	A	0.03%	0.03%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTRG	B	0.01%	0.02%	0.01%
	WTW	B	0.07%	0.05%	0.05%
	WY	F	0.02%	0.03%	0.02%
	WYNN	C	0.0%	0.01%	0.0%
	XEL	A	0.09%	0.06%	0.06%
	XOM	B	0.47%	0.8%	0.47%
	XYL	D	0.01%	0.05%	0.01%
	YUM	D	0.15%	0.05%	0.05%
	Z	A	0.0%	0.02%	0.0%
	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%	0.12%	0.12%

QWLD Overweight 34 Positions Relative to TOK

	Symbol	Grade	Weight
	NVS	F	0.79%
	UL	D	0.27%
	HSBH	B	0.25%
	MFG	A	0.24%
	CHKP	C	0.17%
	TM	F	0.15%
	MUFG	B	0.14%
	TD	D	0.12%
	E	F	0.12%
	BCS	A	0.11%
	DEO	F	0.11%
	CNI	F	0.1%
	SMFG	B	0.1%
	LYG	D	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	A	0.02%
	MBAVU	C	0.01%
	CCEP	C	0.01%
	AGCO	D	0.01%
	WFG	C	0.01%
	SE	A	0.01%
	CRBG	B	0.01%
	GLBE	B	0.0%
	XRX	F	0.0%
	FUTU	D	0.0%
	GRAB	A	0.0%
	QGEN	D	0.0%
	OTEX	F	0.0%

QWLD Underweight 16 Positions Relative to TOK

	Symbol	Grade	Weight
	CRH	A	-0.1%
	TEL	B	-0.07%
	TEAM	A	-0.06%
	FERG	B	-0.06%
	FLUT	A	-0.06%
	HUBS	A	-0.05%
	ALNY	D	-0.05%
	MTD	F	-0.04%
	ZS	B	-0.03%
	EXE	A	-0.03%
	COO	D	-0.03%
	MDB	B	-0.03%
	FWONK	A	-0.02%
	CELH	F	-0.01%
	AZPN	A	-0.01%
	NLY	C	-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

TOK: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Telecommunications Aerospace Real Estate Investment Trust Medicine Bank Semiconductor Cloud Computing Banking Mining IBD 50 Insurance Products