QWLD vs. VLU ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to SPDR S&P 1500 Value Tilt ETF (VLU)

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

$121.02

Average Daily Volume

5,131

Number of Holdings ^*

538

* may have additional holdings in another (foreign) market

VLU

SPDR S&P 1500 Value Tilt ETF

VLU Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Low Valuation Tilt Index (the "index"). The fund employs a sampling strategy in seeking to track the index. It generally invests substantially all, but at least 80%, of its total assets in the securities. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively low valuations are overweight relative to the S&P Composite 1500 Index and stocks with relatively high valuations are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$174.41

Average Daily Volume

6,791

Number of Holdings ^*

1436

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	VLU
30 Days	5.16%	4.57%
60 Days	3.04%	3.38%
90 Days	6.05%	6.20%
12 Months	21.62%	26.16%

482 Overlapping Holdings

	Symbol	Grade	Weight in QWLD	Weight in VLU	Overlap
	A	A	0.07%	0.04%	0.04%
	AAPL	B	1.97%	2.06%	1.97%
	ABBV	D	0.14%	0.4%	0.14%
	ABBV	D	0.34%	0.4%	0.34%
	ABT	F	0.09%	0.25%	0.09%
	ACGL	B	0.03%	0.13%	0.03%
	ACN	F	0.62%	0.3%	0.3%
	ADBE	F	0.41%	0.18%	0.18%
	ADI	B	0.05%	0.13%	0.05%
	ADM	D	0.04%	0.31%	0.04%
	ADP	B	0.24%	0.08%	0.08%
	ADSK	F	0.01%	0.03%	0.01%
	AEE	C	0.06%	0.08%	0.06%
	AEP	A	0.15%	0.17%	0.15%
	AES	B	0.01%	0.05%	0.01%
	AFG	B	0.03%	0.08%	0.03%
	AFL	B	0.1%	0.19%	0.1%
	AGCO	F	0.01%	0.04%	0.01%
	AIG	C	0.08%	0.31%	0.08%
	AIZ	D	0.06%	0.04%	0.04%
	AJG	A	0.15%	0.05%	0.05%
	AKAM	F	0.12%	0.03%	0.03%
	ALB	D	0.03%	0.06%	0.03%
	ALGN	F	0.01%	0.03%	0.01%
	ALL	C	0.09%	0.15%	0.09%
	ALLE	D	0.02%	0.01%	0.01%
	ALLY	B	0.03%	0.1%	0.03%
	AMAT	B	0.39%	0.14%	0.14%
	AMCR	B	0.1%	0.06%	0.06%
	AMD	D	0.05%	0.15%	0.05%
	AMGN	B	0.26%	0.28%	0.26%
	AMP	B	0.1%	0.1%	0.1%
	AMT	C	0.02%	0.13%	0.02%
	AMZN	C	0.4%	2.04%	0.4%
	ANET	B	0.14%	0.06%	0.06%
	AON	F	0.13%	0.05%	0.05%
	AOS	D	0.03%	0.02%	0.02%
	APA	F	0.0%	0.06%	0.0%
	APD	D	0.01%	0.13%	0.01%
	APH	B	0.37%	0.06%	0.06%
	APTV	D	0.01%	0.08%	0.01%
	ARE	C	0.01%	0.06%	0.01%
	ATO	C	0.01%	0.06%	0.01%
	AVB	B	0.01%	0.07%	0.01%
	AVGO	B	0.99%	0.35%	0.35%
	AVY	B	0.04%	0.03%	0.03%
	AWK	C	0.03%	0.06%	0.03%
	AXP	B	0.06%	0.33%	0.06%
	AZO	D	0.29%	0.07%	0.07%
	BA	D	0.02%	0.17%	0.02%
	BAC	A	0.4%	1.43%	0.4%
	BALL	B	0.01%	0.05%	0.01%
	BAX	F	0.02%	0.06%	0.02%
	BBWI	B	0.01%	0.03%	0.01%
	BBY	D	0.06%	0.13%	0.06%
	BDX	F	0.1%	0.1%	0.1%
	BEN	F	0.01%	0.07%	0.01%
	BG	C	0.02%	0.15%	0.02%
	BIIB	D	0.02%	0.11%	0.02%
	BIO	F	0.01%	0.02%	0.01%
	BK	A	0.05%	0.24%	0.05%
	BKNG	B	0.02%	0.1%	0.02%
	BKR	C	0.02%	0.1%	0.02%
	BLDR	D	0.05%	0.05%	0.05%
	BLK	C	0.22%	0.18%	0.18%
	BMY	F	0.22%	0.31%	0.22%
	BR	C	0.02%	0.02%	0.02%
	BRK.A	C	0.68%	2.3%	0.68%
	BRO	A	0.12%	0.03%	0.03%
	BSX	A	0.03%	0.1%	0.03%
	BURL	D	0.01%	0.02%	0.01%
	BWA	C	0.01%	0.08%	0.01%
	BX	C	0.03%	0.1%	0.03%
	BXP	C	0.0%	0.05%	0.0%
	C	A	0.34%	1.13%	0.34%
	CAG	C	0.05%	0.08%	0.05%
	CAH	F	0.05%	0.23%	0.05%
	CARR	B	0.03%	0.08%	0.03%
	CAT	D	0.32%	0.25%	0.25%
	CB	B	0.25%	0.35%	0.25%
	CBOE	C	0.2%	0.03%	0.03%
	CBRE	C	0.03%	0.06%	0.03%
	CCI	C	0.02%	0.1%	0.02%
	CCK	C	0.0%	0.03%	0.0%
	CCL	F	0.0%	0.14%	0.0%
	CDNS	D	0.15%	0.03%	0.03%
	CDW	D	0.04%	0.04%	0.04%
	CE	D	0.03%	0.06%	0.03%
	CEG	B	0.04%	0.04%	0.04%
	CF	F	0.13%	0.06%	0.06%
	CFG	B	0.03%	0.16%	0.03%
	CG	D	0.0%	0.02%	0.0%
	CHD	B	0.2%	0.03%	0.03%
	CHK	B	0.02%	0.09%	0.02%
	CHRW	C	0.13%	0.05%	0.05%
	CHTR	D	0.03%	0.26%	0.03%
	CI	D	0.15%	0.42%	0.15%
	CINF	D	0.03%	0.06%	0.03%
	CL	B	0.2%	0.1%	0.1%
	CLF	F	0.02%	0.04%	0.02%
	CLX	F	0.01%	0.03%	0.01%
	CMCSA	F	0.15%	0.64%	0.15%
	CME	C	0.14%	0.11%	0.11%
	CMG	C	0.14%	0.05%	0.05%
	CMI	D	0.1%	0.12%	0.1%
	CMS	A	0.04%	0.06%	0.04%
	CNC	C	0.06%	0.39%	0.06%
	CNP	B	0.0%	0.08%	0.0%
	COF	D	0.09%	0.52%	0.09%
	COP	D	0.29%	0.5%	0.29%
	COST	B	0.68%	0.27%	0.27%
	CPB	C	0.1%	0.05%	0.05%
	CPRT	D	0.09%	0.04%	0.04%
	CPT	B	0.01%	0.03%	0.01%
	CRM	D	0.05%	0.26%	0.05%
	CSCO	F	0.87%	0.47%	0.47%
	CSL	B	0.03%	0.03%	0.03%
	CSX	D	0.11%	0.11%	0.11%
	CTAS	B	0.14%	0.04%	0.04%
	CTLT	D	0.01%	0.01%	0.01%
	CTRA	B	0.02%	0.07%	0.02%
	CTSH	F	0.17%	0.1%	0.1%
	CTVA	C	0.04%	0.09%	0.04%
	CVS	F	0.13%	0.66%	0.13%
	CVX	C	0.3%	1.55%	0.3%
	D	A	0.08%	0.24%	0.08%
	DAL	C	0.01%	0.32%	0.01%
	DAR	D	0.01%	0.03%	0.01%
	DD	C	0.03%	0.18%	0.03%
	DE	D	0.05%	0.25%	0.05%
	DECK	C	0.04%	0.02%	0.02%
	DFS	C	0.03%	0.13%	0.03%
	DG	D	0.04%	0.09%	0.04%
	DGX	A	0.09%	0.05%	0.05%
	DHI	D	0.11%	0.11%	0.11%
	DHR	A	0.08%	0.13%	0.08%
	DINO	D	0.02%	0.08%	0.02%
	DIS	D	0.1%	0.32%	0.1%
	DKS	D	0.03%	0.04%	0.03%
	DLR	C	0.01%	0.03%	0.01%
	DLTR	F	0.02%	0.08%	0.02%
	DOC	B	0.0%	0.05%	0.0%
	DOV	B	0.02%	0.04%	0.02%
	DOW	C	0.04%	0.23%	0.04%
	DPZ	C	0.11%	0.01%	0.01%
	DRI	F	0.02%	0.04%	0.02%
	DTE	A	0.03%	0.1%	0.03%
	DUK	A	0.32%	0.33%	0.32%
	DVA	C	0.01%	0.07%	0.01%
	DVN	D	0.07%	0.18%	0.07%
	EA	F	0.15%	0.04%	0.04%
	EBAY	B	0.02%	0.08%	0.02%
	ECL	B	0.02%	0.05%	0.02%
	ED	A	0.37%	0.14%	0.14%
	EG	C	0.05%	0.09%	0.05%
	EIX	A	0.03%	0.1%	0.03%
	EL	F	0.02%	0.07%	0.02%
	ELS	D	0.01%	0.02%	0.01%
	ELV	A	0.14%	0.43%	0.14%
	EMN	C	0.0%	0.05%	0.0%
	EMR	B	0.05%	0.16%	0.05%
	ENPH	D	0.0%	0.01%	0.0%
	EOG	D	0.04%	0.26%	0.04%
	EPAM	F	0.02%	0.02%	0.02%
	EQH	B	0.01%	0.07%	0.01%
	EQIX	D	0.02%	0.06%	0.02%
	EQR	B	0.02%	0.08%	0.02%
	EQT	C	0.03%	0.09%	0.03%
	ERIE	C	0.13%	0.02%	0.02%
	ES	C	0.04%	0.09%	0.04%
	ESS	B	0.01%	0.04%	0.01%
	ETN	B	0.05%	0.13%	0.05%
	ETR	A	0.02%	0.13%	0.02%
	ETSY	F	0.0%	0.01%	0.0%
	EVRG	C	0.05%	0.07%	0.05%
	EW	C	0.09%	0.05%	0.05%
	EXC	C	0.03%	0.21%	0.03%
	EXPD	D	0.22%	0.04%	0.04%
	EXPE	F	0.0%	0.03%	0.0%
	EXR	C	0.02%	0.04%	0.02%
	F	D	0.11%	0.45%	0.11%
	FANG	D	0.01%	0.13%	0.01%
	FAST	D	0.09%	0.04%	0.04%
	FCX	B	0.03%	0.1%	0.03%
	FDS	D	0.03%	0.01%	0.01%
	FDX	D	0.06%	0.25%	0.06%
	FE	B	0.02%	0.07%	0.02%
	FFIV	D	0.12%	0.02%	0.02%
	FICO	A	0.01%	0.01%	0.01%
	FIS	A	0.03%	0.11%	0.03%
	FITB	B	0.03%	0.11%	0.03%
	FMC	C	0.01%	0.03%	0.01%
	FNF	C	0.02%	0.07%	0.02%
	FOX	C	0.01%	0.04%	0.01%
	FOXA	C	0.01%	0.08%	0.01%
	FSLR	C	0.0%	0.03%	0.0%
	FTNT	F	0.1%	0.03%	0.03%
	FTV	D	0.0%	0.04%	0.0%
	GD	A	0.12%	0.21%	0.12%
	GE	C	0.07%	0.28%	0.07%
	GEHC	D	0.06%	0.03%	0.03%
	GGG	D	0.01%	0.01%	0.01%
	GILD	F	0.3%	0.28%	0.28%
	GIS	C	0.31%	0.12%	0.12%
	GL	F	0.03%	0.03%	0.03%
	GLW	A	0.02%	0.08%	0.02%
	GM	A	0.22%	0.49%	0.22%
	GOOG	A	1.12%	1.29%	1.12%
	GOOGL	A	1.25%	0.79%	0.79%
	GPC	D	0.03%	0.07%	0.03%
	GPN	F	0.02%	0.07%	0.02%
	GRMN	A	0.05%	0.06%	0.05%
	GS	A	0.16%	0.5%	0.16%
	GWW	D	0.11%	0.05%	0.05%
	HAL	F	0.01%	0.1%	0.01%
	HAS	C	0.01%	0.03%	0.01%
	HBAN	B	0.03%	0.11%	0.03%
	HCA	C	0.04%	0.19%	0.04%
	HD	D	0.29%	0.48%	0.29%
	HES	C	0.0%	0.07%	0.0%
	HIG	B	0.06%	0.12%	0.06%
	HII	D	0.02%	0.03%	0.02%
	HOLX	D	0.02%	0.03%	0.02%
	HON	A	0.24%	0.22%	0.22%
	HPE	C	0.03%	0.21%	0.03%
	HPQ	C	0.03%	0.24%	0.03%
	HRL	C	0.12%	0.1%	0.1%
	HSIC	C	0.04%	0.03%	0.03%
	HSY	C	0.34%	0.07%	0.07%
	HUBB	D	0.03%	0.03%	0.03%
	HUM	D	0.17%	0.22%	0.17%
	HWM	A	0.01%	0.03%	0.01%
	IBM	D	0.47%	0.38%	0.38%
	ICE	C	0.04%	0.1%	0.04%
	IDXX	C	0.07%	0.02%	0.02%
	IEX	D	0.05%	0.02%	0.02%
	IFF	A	0.01%	0.06%	0.01%
	ILMN	F	0.0%	0.02%	0.0%
	INCY	D	0.11%	0.02%	0.02%
	INTC	F	0.12%	0.44%	0.12%
	INTU	B	0.03%	0.06%	0.03%
	IP	B	0.02%	0.13%	0.02%
	IPG	D	0.02%	0.04%	0.02%
	IQV	D	0.0%	0.06%	0.0%
	ISRG	B	0.2%	0.08%	0.08%
	ITW	D	0.14%	0.09%	0.09%
	J	D	0.0%	0.04%	0.0%
	JAZZ	F	0.01%	0.02%	0.01%
	JBHT	F	0.02%	0.03%	0.02%
	JBL	F	0.01%	0.05%	0.01%
	JCI	B	0.03%	0.14%	0.03%
	JKHY	C	0.07%	0.01%	0.01%
	JNJ	D	1.1%	0.84%	0.84%
	JNPR	D	0.12%	0.02%	0.02%
	JPM	B	0.56%	1.37%	0.56%
	K	B	0.19%	0.07%	0.07%
	KDP	B	0.14%	0.12%	0.12%
	KEY	B	0.03%	0.13%	0.03%
	KEYS	C	0.22%	0.04%	0.04%
	KHC	D	0.22%	0.27%	0.22%
	KLAC	B	0.17%	0.06%	0.06%
	KMB	C	0.11%	0.11%	0.11%
	KMI	A	0.03%	0.35%	0.03%
	KMX	F	0.01%	0.05%	0.01%
	KNX	F	0.01%	0.03%	0.01%
	KO	A	0.55%	0.41%	0.41%
	KR	D	0.3%	0.35%	0.3%
	KVUE	C	0.03%	0.19%	0.03%
	L	B	0.11%	0.13%	0.11%
	LDOS	A	0.0%	0.05%	0.0%
	LEA	F	0.01%	0.07%	0.01%
	LEN	B	0.08%	0.14%	0.08%
	LH	D	0.03%	0.05%	0.03%
	LHX	A	0.02%	0.1%	0.02%
	LII	B	0.03%	0.01%	0.01%
	LIN	D	0.04%	0.2%	0.04%
	LKQ	F	0.01%	0.04%	0.01%
	LLY	B	1.36%	0.21%	0.21%
	LMT	B	0.4%	0.31%	0.31%
	LNT	B	0.02%	0.04%	0.02%
	LOW	D	0.07%	0.22%	0.07%
	LRCX	C	0.29%	0.1%	0.1%
	LULU	F	0.09%	0.04%	0.04%
	LUV	F	0.0%	0.15%	0.0%
	LVS	F	0.0%	0.07%	0.0%
	LW	F	0.0%	0.02%	0.0%
	LYB	D	0.05%	0.25%	0.05%
	MA	D	0.66%	0.13%	0.13%
	MANH	D	0.02%	0.0%	0.0%
	MCD	D	0.36%	0.15%	0.15%
	MCHP	B	0.08%	0.06%	0.06%
	MCK	B	0.41%	0.39%	0.39%
	MCO	A	0.03%	0.04%	0.03%
	MDLZ	C	0.15%	0.22%	0.15%
	MDT	B	0.09%	0.34%	0.09%
	MET	B	0.05%	0.42%	0.05%
	META	D	1.8%	1.59%	1.59%
	MGM	F	0.01%	0.06%	0.01%
	MKC	C	0.03%	0.04%	0.03%
	MKTX	D	0.02%	0.01%	0.01%
	MLM	D	0.01%	0.04%	0.01%
	MMC	A	0.47%	0.12%	0.12%
	MMM	A	0.15%	0.22%	0.15%
	MNST	F	0.08%	0.06%	0.06%
	MO	A	0.03%	0.32%	0.03%
	MOH	F	0.04%	0.05%	0.04%
	MOS	F	0.02%	0.09%	0.02%
	MPC	D	0.2%	0.63%	0.2%
	MPWR	C	0.06%	0.01%	0.01%
	MRK	B	0.67%	0.44%	0.44%
	MRNA	C	0.05%	0.06%	0.05%
	MRO	D	0.01%	0.09%	0.01%
	MS	B	0.11%	0.5%	0.11%
	MSFT	C	2.37%	1.54%	1.54%
	MSI	A	0.48%	0.04%	0.04%
	MTB	B	0.03%	0.14%	0.03%
	MTCH	F	0.0%	0.01%	0.0%
	MU	B	0.09%	0.18%	0.09%
	NBIX	B	0.12%	0.01%	0.01%
	NDSN	C	0.02%	0.02%	0.02%
	NEE	B	0.06%	0.36%	0.06%
	NEM	B	0.07%	0.15%	0.07%
	NFLX	B	0.08%	0.16%	0.08%
	NI	B	0.0%	0.05%	0.0%
	NKE	F	0.22%	0.16%	0.16%
	NOC	C	0.28%	0.16%	0.16%
	NRG	B	0.03%	0.05%	0.03%
	NSC	D	0.04%	0.12%	0.04%
	NTAP	B	0.03%	0.04%	0.03%
	NTRS	C	0.01%	0.07%	0.01%
	NUE	D	0.05%	0.14%	0.05%
	NVDA	B	2.79%	0.26%	0.26%
	NVR	D	0.04%	0.05%	0.04%
	NWSA	C	0.0%	0.03%	0.0%
	NXPI	B	0.03%	0.09%	0.03%
	O	C	0.01%	0.11%	0.01%
	OC	C	0.02%	0.05%	0.02%
	ODFL	F	0.08%	0.03%	0.03%
	OKE	A	0.01%	0.11%	0.01%
	OMC	B	0.04%	0.07%	0.04%
	ON	D	0.01%	0.05%	0.01%
	ORCL	C	0.17%	0.31%	0.17%
	ORLY	D	0.2%	0.07%	0.07%
	OTIS	C	0.01%	0.04%	0.01%
	OVV	D	0.01%	0.12%	0.01%
	OXY	D	0.03%	0.23%	0.03%
	PANW	C	0.01%	0.06%	0.01%
	PARA	D	0.02%	0.06%	0.02%
	PAYC	F	0.02%	0.0%	0.0%
	PAYX	B	0.11%	0.05%	0.05%
	PCAR	D	0.03%	0.13%	0.03%
	PCG	B	0.03%	0.12%	0.03%
	PCTY	C	0.01%	0.0%	0.0%
	PEG	B	0.02%	0.13%	0.02%
	PEP	B	0.89%	0.41%	0.41%
	PFE	D	0.49%	0.88%	0.49%
	PFG	B	0.04%	0.17%	0.04%
	PG	A	0.97%	0.52%	0.52%
	PGR	D	0.3%	0.17%	0.17%
	PH	D	0.02%	0.08%	0.02%
	PHM	B	0.08%	0.06%	0.06%
	PKG	C	0.03%	0.04%	0.03%
	PLD	F	0.04%	0.14%	0.04%
	PM	A	0.06%	0.48%	0.06%
	PNC	A	0.07%	0.34%	0.07%
	PNR	B	0.02%	0.02%	0.02%
	POOL	D	0.03%	0.01%	0.01%
	PPG	D	0.03%	0.07%	0.03%
	PPL	A	0.02%	0.09%	0.02%
	PRU	A	0.03%	0.4%	0.03%
	PSA	C	0.1%	0.06%	0.06%
	PSX	D	0.13%	0.6%	0.13%
	PTC	C	0.04%	0.02%	0.02%
	PWR	C	0.01%	0.04%	0.01%
	PYPL	D	0.03%	0.16%	0.03%
	QCOM	B	0.45%	0.27%	0.27%
	QRVO	F	0.01%	0.02%	0.01%
	RCL	B	0.0%	0.06%	0.0%
	REGN	C	0.41%	0.14%	0.14%
	RF	B	0.03%	0.1%	0.03%
	RHI	F	0.02%	0.02%	0.02%
	RJF	C	0.02%	0.06%	0.02%
	RMD	B	0.06%	0.02%	0.02%
	ROK	F	0.05%	0.04%	0.04%
	ROL	B	0.07%	0.01%	0.01%
	ROP	C	0.45%	0.05%	0.05%
	ROST	D	0.03%	0.06%	0.03%
	RS	D	0.03%	0.05%	0.03%
	RSG	D	0.45%	0.09%	0.09%
	RTX	B	0.09%	0.43%	0.09%
	SBAC	F	0.01%	0.02%	0.01%
	SBUX	F	0.02%	0.12%	0.02%
	SCHW	B	0.05%	0.28%	0.05%
	SEIC	D	0.02%	0.02%	0.02%
	SHW	D	0.03%	0.06%	0.03%
	SJM	F	0.13%	0.05%	0.05%
	SLB	F	0.02%	0.17%	0.02%
	SMCI	D	0.07%	0.03%	0.03%
	SNA	D	0.05%	0.03%	0.03%
	SNPS	C	0.13%	0.05%	0.05%
	SO	A	0.41%	0.29%	0.29%
	SOLV	F	0.03%	0.01%	0.01%
	SPG	C	0.03%	0.06%	0.03%
	SPGI	B	0.05%	0.11%	0.05%
	SRE	B	0.03%	0.16%	0.03%
	STLD	D	0.05%	0.08%	0.05%
	STT	B	0.03%	0.12%	0.03%
	STX	B	0.01%	0.04%	0.01%
	STZ	D	0.01%	0.06%	0.01%
	SWK	D	0.02%	0.05%	0.02%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	C	0.03%	0.18%	0.03%
	SYK	D	0.04%	0.09%	0.04%
	SYY	D	0.02%	0.13%	0.02%
	T	B	0.31%	1.16%	0.31%
	TAP	F	0.01%	0.1%	0.01%
	TDY	F	0.04%	0.03%	0.03%
	TEL	A	0.06%	0.1%	0.06%
	TER	B	0.05%	0.02%	0.02%
	TFC	A	0.1%	0.5%	0.1%
	TGT	D	0.08%	0.25%	0.08%
	TJX	B	0.28%	0.15%	0.15%
	TMO	B	0.06%	0.18%	0.06%
	TMUS	B	0.38%	0.35%	0.35%
	TROW	C	0.06%	0.08%	0.06%
	TRV	D	0.25%	0.17%	0.17%
	TSCO	B	0.06%	0.04%	0.04%
	TSLA	D	0.05%	0.38%	0.05%
	TSN	B	0.05%	0.16%	0.05%
	TT	C	0.15%	0.07%	0.07%
	TTC	D	0.02%	0.01%	0.01%
	TTWO	F	0.01%	0.02%	0.01%
	TXN	A	0.54%	0.24%	0.24%
	TXT	D	0.01%	0.04%	0.01%
	TYL	B	0.01%	0.02%	0.01%
	UBER	D	0.01%	0.08%	0.01%
	UDR	C	0.01%	0.03%	0.01%
	UHS	B	0.02%	0.04%	0.02%
	ULTA	F	0.06%	0.03%	0.03%
	UNH	C	1.19%	1.09%	1.09%
	UNP	B	0.27%	0.25%	0.25%
	UPS	D	0.23%	0.44%	0.23%
	URI	D	0.03%	0.06%	0.03%
	USB	D	0.08%	0.36%	0.08%
	UTHR	B	0.06%	0.03%	0.03%
	V	C	1.16%	0.42%	0.42%
	VICI	C	0.01%	0.09%	0.01%
	VLO	D	0.08%	0.51%	0.08%
	VLTO	B	0.04%	0.02%	0.02%
	VMC	D	0.01%	0.03%	0.01%
	VRSK	A	0.08%	0.01%	0.01%
	VRSN	F	0.13%	0.02%	0.02%
	VRTX	B	0.41%	0.1%	0.1%
	VST	C	0.03%	0.07%	0.03%
	VTR	B	0.01%	0.07%	0.01%
	VTRS	D	0.03%	0.13%	0.03%
	VZ	C	0.57%	1.58%	0.57%
	WAT	B	0.01%	0.02%	0.01%
	WBA	F	0.05%	0.12%	0.05%
	WBD	F	0.04%	0.16%	0.04%
	WDC	B	0.02%	0.05%	0.02%
	WEC	B	0.16%	0.09%	0.09%
	WELL	A	0.02%	0.09%	0.02%
	WFC	B	0.3%	1.21%	0.3%
	WM	B	0.56%	0.1%	0.1%
	WMB	A	0.13%	0.15%	0.13%
	WMT	A	0.58%	1.42%	0.58%
	WPC	C	0.01%	0.05%	0.01%
	WRB	D	0.12%	0.05%	0.05%
	WRK	B	0.02%	0.13%	0.02%
	WSM	B	0.01%	0.03%	0.01%
	WSO	C	0.02%	0.03%	0.02%
	WST	F	0.05%	0.01%	0.01%
	WTRG	C	0.01%	0.03%	0.01%
	WTW	D	0.05%	0.06%	0.05%
	WY	F	0.01%	0.07%	0.01%
	XEL	D	0.21%	0.13%	0.13%
	XOM	B	0.46%	2.17%	0.46%
	YUM	B	0.14%	0.04%	0.04%
	ZBH	D	0.01%	0.06%	0.01%
	ZBRA	B	0.04%	0.02%	0.02%
	ZTS	D	0.15%	0.05%	0.05%

QWLD Overweight 56 Positions Relative to VLU

	Symbol	Grade	Weight
	NVS	B	0.78%
	UL	A	0.27%
	TM	D	0.25%
	WCN	D	0.24%
	MFG	C	0.22%
	BAH	B	0.16%
	MUFG	D	0.15%
	DEO	F	0.15%
	TD	F	0.14%
	CHKP	D	0.14%
	CNI	D	0.14%
	STLA	D	0.12%
	SMFG	B	0.12%
	E	D	0.11%
	HMC	F	0.11%
	MKL	A	0.11%
	BCS	B	0.11%
	BMRN	F	0.09%
	LYG	A	0.08%
	SONY	F	0.07%
	LOGI	C	0.07%
	VEEV	D	0.05%
	DELL	B	0.04%
	BTI	B	0.04%
	MT	C	0.04%
	LPLA	C	0.04%
	KKR	B	0.03%
	HEI	B	0.02%
	NMR	D	0.02%
	GEV	C	0.02%
	QGEN	B	0.02%
	LNG	D	0.02%
	UHAL	C	0.02%
	TPL	C	0.02%
	TWLO	D	0.01%
	SE	B	0.01%
	LBRDK	D	0.01%
	WFG	C	0.01%
	COIN	D	0.01%
	SQ	D	0.01%
	TW	B	0.01%
	APO	B	0.01%
	OTEX	F	0.01%
	AER	B	0.01%
	MRVL	C	0.01%
	ACI	C	0.01%
	TRU	B	0.0%
	OKTA	D	0.0%
	HOOD	D	0.0%
	CCEP	A	0.0%
	ZM	D	0.0%
	RIVN	F	0.0%
	SIRI	F	0.0%
	RPRX	F	0.0%
	AZN	B	0.0%
	AVTR	D	0.0%

QWLD Underweight 955 Positions Relative to VLU

	Symbol	Grade	Weight
	UAL	C	-0.17%
	RGA	A	-0.13%
	PFGC	C	-0.1%
	MAR	D	-0.09%
	AAL	C	-0.09%
	UNM	B	-0.09%
	SNX	A	-0.09%
	SWN	C	-0.08%
	X	F	-0.08%
	ABNB	D	-0.08%
	USFD	B	-0.07%
	ARW	C	-0.07%
	CMA	B	-0.07%
	LAD	F	-0.07%
	CHRD	C	-0.07%
	STWD	B	-0.06%
	TRGP	B	-0.06%
	MHK	C	-0.06%
	MUR	D	-0.06%
	ZION	B	-0.06%
	CIVI	C	-0.06%
	IVZ	C	-0.06%
	EWBC	C	-0.05%
	GPS	D	-0.05%
	ARMK	B	-0.05%
	ABG	C	-0.05%
	WLK	C	-0.05%
	LNC	C	-0.05%
	OZK	C	-0.05%
	PNW	C	-0.05%
	AL	C	-0.05%
	FHN	B	-0.05%
	UGI	C	-0.05%
	JXN	C	-0.05%
	OGN	B	-0.05%
	WHR	F	-0.05%
	M	D	-0.05%
	RNR	C	-0.05%
	NDAQ	C	-0.05%
	COOP	B	-0.05%
	NOW	C	-0.05%
	THC	B	-0.05%
	ALK	C	-0.05%
	PBF	D	-0.05%
	R	C	-0.05%
	AR	B	-0.05%
	NOG	D	-0.04%
	AMKR	C	-0.04%
	WBS	D	-0.04%
	MAN	C	-0.04%
	AME	D	-0.04%
	CMC	B	-0.04%
	VNO	F	-0.04%
	HP	F	-0.04%
	BKH	C	-0.04%
	KRC	C	-0.04%
	RRC	B	-0.04%
	GT	C	-0.04%
	MAA	C	-0.04%
	JLL	B	-0.04%
	GPI	B	-0.04%
	BERY	D	-0.04%
	VFC	F	-0.04%
	COLB	D	-0.04%
	AN	C	-0.04%
	GLPI	C	-0.04%
	JHG	B	-0.04%
	VOYA	B	-0.04%
	WCC	C	-0.04%
	WAB	B	-0.04%
	AAP	D	-0.04%
	INVH	B	-0.04%
	JEF	A	-0.04%
	IBKR	B	-0.04%
	WU	D	-0.04%
	HST	D	-0.04%
	ORI	A	-0.04%
	TOL	B	-0.04%
	AVT	B	-0.04%
	EME	C	-0.03%
	KSS	D	-0.03%
	DEI	C	-0.03%
	HWC	C	-0.03%
	CATY	C	-0.03%
	PB	C	-0.03%
	MAS	D	-0.03%
	ACM	D	-0.03%
	RDN	C	-0.03%
	NNN	B	-0.03%
	GHC	B	-0.03%
	OSK	D	-0.03%
	RL	D	-0.03%
	ABM	C	-0.03%
	AMH	B	-0.03%
	CZR	F	-0.03%
	CNXC	D	-0.03%
	HOG	D	-0.03%
	TGNA	C	-0.03%
	PR	D	-0.03%
	FNB	B	-0.03%
	MPW	C	-0.03%
	WFRD	C	-0.03%
	OLN	C	-0.03%
	IT	D	-0.03%
	TPR	D	-0.03%
	BHF	F	-0.03%
	ARCH	D	-0.03%
	OGE	A	-0.03%
	NFG	B	-0.03%
	PAG	C	-0.03%
	MDU	C	-0.03%
	CNO	A	-0.03%
	HIW	C	-0.03%
	POST	B	-0.03%
	BXMT	F	-0.03%
	GPK	C	-0.03%
	SF	B	-0.03%
	CASY	B	-0.03%
	APLE	F	-0.03%
	NXST	C	-0.03%
	ONB	B	-0.03%
	THO	F	-0.03%
	XPO	D	-0.03%
	SKX	B	-0.03%
	KIM	C	-0.03%
	XYL	B	-0.03%
	FYBR	B	-0.03%
	NOV	F	-0.03%
	FAF	D	-0.03%
	BJ	B	-0.03%
	CACI	B	-0.03%
	OHI	C	-0.03%
	GNW	C	-0.03%
	SNV	B	-0.03%
	PK	D	-0.03%
	SON	B	-0.03%
	ASB	C	-0.03%
	MUSA	A	-0.03%
	NWL	C	-0.03%
	INGR	B	-0.03%
	SM	D	-0.03%
	IRM	B	-0.03%
	MTDR	D	-0.03%
	ALV	A	-0.03%
	VLY	D	-0.03%
	LYV	D	-0.03%
	CSGP	D	-0.03%
	REG	D	-0.03%
	KD	B	-0.03%
	OGS	C	-0.03%
	CNX	B	-0.03%
	SANM	C	-0.03%
	HCC	C	-0.03%
	TMHC	B	-0.03%
	DXC	F	-0.03%
	DCI	C	-0.02%
	GATX	B	-0.02%
	NJR	C	-0.02%
	UMBF	B	-0.02%
	ITT	B	-0.02%
	KMPR	C	-0.02%
	ASGN	C	-0.02%
	BANR	C	-0.02%
	WEX	D	-0.02%
	CROX	B	-0.02%
	RUSHA	D	-0.02%
	AEO	D	-0.02%
	PPC	B	-0.02%
	FLS	B	-0.02%
	LECO	D	-0.02%
	CNM	B	-0.02%
	EVR	B	-0.02%
	TNL	C	-0.02%
	FULT	B	-0.02%
	IBTX	C	-0.02%
	HOMB	B	-0.02%
	TTEK	B	-0.02%
	AVA	C	-0.02%
	VAL	B	-0.02%
	HBI	D	-0.02%
	KBR	C	-0.02%
	MATX	C	-0.02%
	RNST	C	-0.02%
	WIRE	B	-0.02%
	COLM	B	-0.02%
	MMS	B	-0.02%
	CIEN	C	-0.02%
	PRI	D	-0.02%
	SEE	C	-0.02%
	PARR	F	-0.02%
	BHE	B	-0.02%
	LEG	F	-0.02%
	GNTX	D	-0.02%
	SLM	D	-0.02%
	MGY	D	-0.02%
	CPRI	F	-0.02%
	DAN	C	-0.02%
	REXR	F	-0.02%
	AXTA	C	-0.02%
	COHR	D	-0.02%
	REZI	C	-0.02%
	MIDD	F	-0.02%
	CRL	D	-0.02%
	VVV	D	-0.02%
	CWK	B	-0.02%
	CABO	F	-0.02%
	PEB	C	-0.02%
	ANDE	F	-0.02%
	ASO	F	-0.02%
	POR	C	-0.02%
	SKYW	C	-0.02%
	EFX	C	-0.02%
	GEF	D	-0.02%
	VSH	C	-0.02%
	CNK	D	-0.02%
	VAC	D	-0.02%
	GEO	D	-0.02%
	TALO	F	-0.02%
	RRX	D	-0.02%
	SATS	C	-0.02%
	HLT	C	-0.02%
	CW	B	-0.02%
	CRC	F	-0.02%
	BLD	D	-0.02%
	GBX	C	-0.02%
	PNM	D	-0.02%
	COKE	C	-0.02%
	MTN	F	-0.02%
	PRG	C	-0.02%
	LBRT	B	-0.02%
	KAR	B	-0.02%
	CXW	D	-0.02%
	BCC	D	-0.02%
	ADC	C	-0.02%
	DXCM	D	-0.02%
	SFM	B	-0.02%
	ASH	B	-0.02%
	SIGI	F	-0.02%
	GNRC	C	-0.02%
	G	C	-0.02%
	AGO	D	-0.02%
	SR	C	-0.02%
	WAFD	C	-0.02%
	TCBI	C	-0.02%
	ATI	B	-0.02%
	FHB	C	-0.02%
	SBRA	C	-0.02%
	GXO	D	-0.02%
	JBLU	D	-0.02%
	PTEN	F	-0.02%
	WOR	D	-0.02%
	CBSH	C	-0.02%
	DTM	A	-0.02%
	TKR	B	-0.02%
	CWEN	C	-0.02%
	AMR	F	-0.02%
	AIRC	A	-0.02%
	BANC	D	-0.02%
	OI	F	-0.02%
	FL	F	-0.02%
	AVNT	B	-0.02%
	ALE	B	-0.02%
	WWD	B	-0.02%
	ENVA	D	-0.02%
	EHC	C	-0.02%
	BC	F	-0.02%
	TRMB	D	-0.02%
	MSM	F	-0.02%
	FLO	B	-0.02%
	BRX	C	-0.02%
	AM	A	-0.02%
	THG	A	-0.02%
	PDCO	F	-0.02%
	JWN	C	-0.02%
	RPM	C	-0.02%
	ESNT	C	-0.02%
	SLGN	B	-0.02%
	NVT	B	-0.02%
	IBOC	B	-0.02%
	TPH	B	-0.02%
	FFBC	B	-0.02%
	LNW	D	-0.02%
	SNEX	C	-0.02%
	SWX	A	-0.02%
	KBH	B	-0.02%
	SFNC	D	-0.02%
	MTD	A	-0.02%
	SSB	C	-0.02%
	KEX	B	-0.02%
	SEM	B	-0.02%
	WTFC	B	-0.02%
	UBSI	C	-0.02%
	CFR	D	-0.02%
	CEIX	D	-0.02%
	SAIC	C	-0.02%
	CUBE	C	-0.02%
	SCI	D	-0.02%
	PNFP	C	-0.02%
	WYNN	D	-0.02%
	PENN	F	-0.02%
	IR	D	-0.02%
	BKU	C	-0.02%
	CALM	D	-0.02%
	CADE	C	-0.02%
	AMG	D	-0.02%
	ST	C	-0.02%
	HRB	B	-0.02%
	COTY	F	-0.02%
	CC	C	-0.02%
	CUZ	B	-0.02%
	FLR	D	-0.02%
	LAMR	B	-0.02%
	STE	C	-0.02%
	H	D	-0.02%
	MTH	B	-0.02%
	UFPI	C	-0.02%
	MTZ	C	-0.02%
	BTU	F	-0.02%
	SIG	C	-0.02%
	NSIT	B	-0.02%
	PVH	D	-0.02%
	MTG	C	-0.02%
	CLH	C	-0.02%
	NCLH	F	-0.02%
	MLI	C	-0.02%
	TRN	B	-0.02%
	TDG	C	-0.02%
	PRGO	F	-0.02%
	ETRN	B	-0.02%
	ANSS	D	-0.02%
	ABR	C	-0.02%
	URBN	C	-0.02%
	CAR	D	-0.02%
	AA	B	-0.02%
	NYCB	D	-0.02%
	PII	F	-0.02%
	ADNT	F	-0.02%
	GDDY	B	-0.02%
	ZEUS	F	-0.01%
	REX	C	-0.01%
	MOV	C	-0.01%
	LTC	B	-0.01%
	TBBK	D	-0.01%
	EVTC	F	-0.01%
	CAKE	B	-0.01%
	PFBC	A	-0.01%
	AZTA	F	-0.01%
	RMBS	F	-0.01%
	VRRM	A	-0.01%
	OXM	C	-0.01%
	EYE	F	-0.01%
	MYGN	C	-0.01%
	ROG	D	-0.01%
	EZPW	D	-0.01%
	SBSI	D	-0.01%
	MSGS	C	-0.01%
	CHH	D	-0.01%
	CHCO	C	-0.01%
	NHC	B	-0.01%
	SHAK	D	-0.01%
	DOCS	F	-0.01%
	TECH	C	-0.01%
	AEIS	C	-0.01%
	APOG	B	-0.01%
	SCHL	F	-0.01%
	ESE	C	-0.01%
	ACLS	D	-0.01%
	AMCX	C	-0.01%
	TWI	F	-0.01%
	CARG	B	-0.01%
	HXL	C	-0.01%
	PRAA	C	-0.01%
	RILY	D	-0.01%
	MP	C	-0.01%
	ZI	F	-0.01%
	AWR	C	-0.01%
	LSCC	F	-0.01%
	ROCK	D	-0.01%
	JBT	F	-0.01%
	ICUI	D	-0.01%
	AZZ	C	-0.01%
	CHEF	A	-0.01%
	CUBI	D	-0.01%
	ALGT	F	-0.01%
	DBI	F	-0.01%
	KNF	D	-0.01%
	MSA	B	-0.01%
	CASH	C	-0.01%
	MMSI	B	-0.01%
	CPF	B	-0.01%
	UNFI	D	-0.01%
	UFCS	C	-0.01%
	SVC	F	-0.01%
	EFC	B	-0.01%
	MC	B	-0.01%
	ESAB	C	-0.01%
	XHR	C	-0.01%
	SAFT	C	-0.01%
	TRIP	F	-0.01%
	HALO	B	-0.01%
	GTY	C	-0.01%
	HCSG	D	-0.01%
	SKT	D	-0.01%
	SGH	F	-0.01%
	PJT	C	-0.01%
	VRTS	C	-0.01%
	RCM	F	-0.01%
	CHE	F	-0.01%
	MERC	C	-0.01%
	AWI	D	-0.01%
	CPK	C	-0.01%
	AMWD	D	-0.01%
	BKE	D	-0.01%
	DRH	F	-0.01%
	SBCF	C	-0.01%
	BOOT	B	-0.01%
	MATV	D	-0.01%
	FWRD	F	-0.01%
	BRKR	D	-0.01%
	AIN	C	-0.01%
	EIG	D	-0.01%
	CWT	C	-0.01%
	FSS	B	-0.01%
	EGBN	F	-0.01%
	FCPT	C	-0.01%
	FTDR	C	-0.01%
	AOSL	C	-0.01%
	HQY	D	-0.01%
	EXLS	C	-0.01%
	SCL	C	-0.01%
	BHLB	C	-0.01%
	FIZZ	D	-0.01%
	OUT	D	-0.01%
	HIBB	B	-0.01%
	BDC	C	-0.01%
	RES	F	-0.01%
	DCOM	D	-0.01%
	DORM	C	-0.01%
	MGEE	B	-0.01%
	DEA	C	-0.01%
	THS	F	-0.01%
	ALKS	F	-0.01%
	NOVT	D	-0.01%
	HTZ	F	-0.01%
	GFF	D	-0.01%
	GO	F	-0.01%
	HAE	C	-0.01%
	JJSF	C	-0.01%
	ENR	C	-0.01%
	CBU	C	-0.01%
	PLUS	B	-0.01%
	VC	D	-0.01%
	UE	C	-0.01%
	EPC	C	-0.01%
	KN	B	-0.01%
	HPP	F	-0.01%
	BRBR	C	-0.01%
	OSIS	C	-0.01%
	EPRT	B	-0.01%
	TPX	D	-0.01%
	TDC	F	-0.01%
	SMPL	C	-0.01%
	PLAY	D	-0.01%
	STC	B	-0.01%
	EXP	D	-0.01%
	ZD	F	-0.01%
	CAL	D	-0.01%
	RYN	F	-0.01%
	CVCO	D	-0.01%
	SBH	D	-0.01%
	MORN	D	-0.01%
	AKR	B	-0.01%
	MNRO	F	-0.01%
	POWL	C	-0.01%
	SFBS	C	-0.01%
	MASI	D	-0.01%
	SHO	D	-0.01%
	OII	C	-0.01%
	CLW	A	-0.01%
	HLX	B	-0.01%
	B	C	-0.01%
	FTRE	F	-0.01%
	WRLD	D	-0.01%
	GES	C	-0.01%
	FBK	B	-0.01%
	AMBC	B	-0.01%
	VIR	D	-0.01%
	DNOW	D	-0.01%
	AMED	B	-0.01%
	PIPR	B	-0.01%
	CWEN	C	-0.01%
	BCPC	B	-0.01%
	NSP	D	-0.01%
	AHCO	D	-0.01%
	FELE	D	-0.01%
	IPGP	D	-0.01%
	BGS	F	-0.01%
	SCVL	C	-0.01%
	WD	C	-0.01%
	BWXT	D	-0.01%
	UCTT	C	-0.01%
	LXP	D	-0.01%
	DAY	F	-0.01%
	SEDG	F	-0.01%
	ONTO	C	-0.01%
	YELP	F	-0.01%
	FIVE	F	-0.01%
	AVAV	B	-0.01%
	NGVT	C	-0.01%
	BLMN	F	-0.01%
	IDCC	C	-0.01%
	LGIH	D	-0.01%
	SPTN	D	-0.01%
	RXO	C	-0.01%
	RGEN	D	-0.01%
	AMN	F	-0.01%
	NBR	F	-0.01%
	SYNA	F	-0.01%
	RWT	C	-0.01%
	FORM	C	-0.01%
	MTSI	C	-0.01%
	HELE	D	-0.01%
	PLAB	C	-0.01%
	HASI	B	-0.01%
	OFG	B	-0.01%
	RUN	D	-0.01%
	UNF	D	-0.01%
	IRT	C	-0.01%
	KWR	D	-0.01%
	STBA	C	-0.01%
	GVA	B	-0.01%
	LANC	D	-0.01%
	CGNX	C	-0.01%
	IBP	D	-0.01%
	MEDP	D	-0.01%
	KLIC	F	-0.01%
	MYRG	D	-0.01%
	AROC	B	-0.01%
	ENSG	D	-0.01%
	EXPI	D	-0.01%
	SHOO	C	-0.01%
	PHIN	A	-0.01%
	VSTO	C	-0.01%
	PRK	B	-0.01%
	STRA	C	-0.01%
	CRUS	A	-0.01%
	DT	D	-0.01%
	ITGR	C	-0.01%
	NWS	C	-0.01%
	SXC	D	-0.01%
	VSCO	C	-0.01%
	SSD	F	-0.01%
	BRC	C	-0.01%
	CVI	F	-0.01%
	IOSP	B	-0.01%
	PBI	C	-0.01%
	ANF	B	-0.01%
	NBTB	C	-0.01%
	LZB	C	-0.01%
	WEN	D	-0.01%
	SITC	B	-0.01%
	BDN	C	-0.01%
	ARCB	F	-0.01%
	ACIW	B	-0.01%
	LITE	D	-0.01%
	NSA	C	-0.01%
	PECO	F	-0.01%
	CNXN	B	-0.01%
	KALU	B	-0.01%
	NPO	D	-0.01%
	SABR	D	-0.01%
	SXT	B	-0.01%
	WERN	D	-0.01%
	VNT	D	-0.01%
	GTLS	C	-0.01%
	KELYA	D	-0.01%
	CTRE	C	-0.01%
	FFIN	C	-0.01%
	WWW	C	-0.01%
	KMT	C	-0.01%
	FND	C	-0.01%
	CRK	C	-0.01%
	CCS	C	-0.01%
	PINC	F	-0.01%
	BOH	D	-0.01%
	PRDO	C	-0.01%
	PATK	C	-0.01%
	GRBK	C	-0.01%
	FDP	F	-0.01%
	LRN	C	-0.01%
	NATL	B	-0.01%
	OLLI	D	-0.01%
	TTMI	B	-0.01%
	NYT	B	-0.01%
	WSFS	B	-0.01%
	CRI	F	-0.01%
	DLX	B	-0.01%
	RH	C	-0.01%
	HMN	D	-0.01%
	KW	D	-0.01%
	WS	D	-0.01%
	AXON	D	-0.01%
	WGO	F	-0.01%
	MTX	A	-0.01%
	SAIA	F	-0.01%
	EGP	F	-0.01%
	SAH	C	-0.01%
	WH	F	-0.01%
	APAM	B	-0.01%
	RBC	C	-0.01%
	PUMP	C	-0.01%
	ENOV	F	-0.01%
	PCH	D	-0.01%
	TREX	D	-0.01%
	RLI	B	-0.01%
	PBH	D	-0.01%
	MODG	D	-0.01%
	SRCL	F	-0.01%
	BGC	A	-0.01%
	AXL	C	-0.01%
	FHI	D	-0.01%
	FN	B	-0.01%
	MKSI	C	-0.01%
	CCOI	F	-0.01%
	EPR	C	-0.01%
	LOPE	C	-0.01%
	WTS	B	-0.01%
	MAT	F	-0.01%
	SCSC	A	-0.01%
	PFS	C	-0.01%
	CHX	D	-0.01%
	ECPG	D	-0.01%
	CENTA	B	-0.01%
	INVA	C	-0.01%
	CBRL	F	-0.01%
	OPCH	F	-0.01%
	HGV	D	-0.01%
	SMG	D	-0.01%
	BYD	F	-0.01%
	VBTX	C	-0.01%
	HLI	C	-0.01%
	LCII	F	-0.01%
	WMS	C	-0.01%
	ITRI	B	-0.01%
	OTTR	C	-0.01%
	NEU	D	-0.01%
	DLB	C	-0.01%
	UA	F	-0.01%
	TRMK	B	-0.01%
	DIOD	D	-0.01%
	UAA	F	-0.01%
	FR	F	-0.01%
	HNI	B	-0.01%
	FUL	B	-0.01%
	INDB	D	-0.01%
	GIII	C	-0.01%
	BCO	B	-0.01%
	ATGE	B	-0.01%
	PLXS	B	-0.01%
	SLCA	C	-0.01%
	EEFT	C	-0.01%
	PSMT	B	-0.01%
	TFX	D	-0.01%
	MSCI	F	-0.01%
	NMIH	B	-0.01%
	CBT	B	-0.01%
	UCBI	C	-0.01%
	VSAT	D	-0.01%
	HI	D	-0.01%
	DY	C	-0.01%
	BANF	C	-0.01%
	FBP	C	-0.01%
	GBCI	C	-0.01%
	ACHC	F	-0.01%
	AIT	B	-0.01%
	GMS	D	-0.01%
	KTB	B	-0.01%
	GMED	B	-0.01%
	VMI	C	-0.01%
	ACA	C	-0.01%
	PSTG	B	-0.01%
	SLVM	B	-0.01%
	AX	B	-0.01%
	TEX	D	-0.01%
	LUMN	F	-0.01%
	IDA	B	-0.01%
	XRAY	F	-0.01%
	FIX	C	-0.01%
	VSTS	F	-0.01%
	HOPE	C	-0.01%
	LSTR	C	-0.01%
	FCN	B	-0.01%
	ABCB	C	-0.01%
	NVST	F	-0.01%
	AUB	C	-0.01%
	NWBI	C	-0.01%
	NWN	C	-0.01%
	AYI	B	-0.01%
	IIPR	B	-0.01%
	NWE	C	-0.01%
	SLG	C	-0.01%
	LPX	B	-0.01%
	PPBI	C	-0.01%
	KLG	C	-0.01%
	KFY	B	-0.01%
	SPNT	B	-0.01%
	EXEL	F	-0.01%
	DBX	D	-0.01%
	RGLD	B	-0.01%
	ATR	C	-0.01%
	NAVI	F	-0.01%
	MHO	C	-0.01%
	VGR	C	-0.01%
	MLKN	C	-0.01%
	MAC	C	-0.01%
	ENS	C	-0.01%
	OMI	F	-0.01%
	CVBF	C	-0.01%
	LFUS	C	-0.01%
	RC	D	-0.01%
	EAT	B	-0.01%
	MCY	A	-0.01%
	TDS	B	-0.01%
	PMT	A	-0.01%
	KRG	D	-0.01%
	XRX	F	-0.01%
	CHDN	C	-0.01%
	LPG	C	-0.01%
	FRT	C	-0.01%
	GNL	D	-0.01%
	STAG	C	-0.01%
	MOG.A	B	-0.01%
	ARI	F	-0.01%
	GME	C	-0.01%
	CRS	A	-0.01%
	HUBG	C	-0.01%
	JBGS	F	-0.01%
	UVV	C	-0.01%
	HTH	C	-0.01%
	TXRH	B	-0.01%
	ODP	F	-0.01%
	VICR	F	-0.0%
	UHT	D	-0.0%
	NPK	C	-0.0%
	LNN	D	-0.0%
	DDD	F	-0.0%
	XPEL	F	-0.0%
	CHUY	F	-0.0%
	NARI	D	-0.0%
	SPWR	D	-0.0%
	AGYS	A	-0.0%
	CACC	F	-0.0%
	EMBC	D	-0.0%
	VCEL	C	-0.0%
	EXPO	C	-0.0%
	MSEX	D	-0.0%
	CNMD	D	-0.0%
	SITM	C	-0.0%
	CLB	D	-0.0%
	OSUR	F	-0.0%
	VREX	F	-0.0%
	TRUP	C	-0.0%
	LESL	F	-0.0%
	CRNC	F	-0.0%
	AAON	D	-0.0%
	SNCY	F	-0.0%
	GOGO	C	-0.0%
	LQDT	C	-0.0%
	TTGT	D	-0.0%
	CEVA	F	-0.0%
	TGI	C	-0.0%
	NXRT	C	-0.0%
	BMI	B	-0.0%
	MEI	D	-0.0%
	RGP	F	-0.0%
	ATNI	F	-0.0%
	WOLF	F	-0.0%
	OMCL	D	-0.0%
	HAIN	D	-0.0%
	COHU	F	-0.0%
	NABL	D	-0.0%
	STAA	D	-0.0%
	GKOS	B	-0.0%
	HCI	D	-0.0%
	TNDM	B	-0.0%
	MED	F	-0.0%
	ARWR	F	-0.0%
	CPRX	C	-0.0%
	BJRI	B	-0.0%
	TTEC	F	-0.0%
	CMP	F	-0.0%
	DGII	F	-0.0%
	EPAC	C	-0.0%
	CHCT	F	-0.0%
	SSTK	F	-0.0%
	MRCY	D	-0.0%
	ADUS	B	-0.0%
	PCRX	C	-0.0%
	HVT	F	-0.0%
	JBSS	D	-0.0%
	CERT	D	-0.0%
	ELF	D	-0.0%
	RGNX	F	-0.0%
	WSR	B	-0.0%
	CARS	C	-0.0%
	PGNY	F	-0.0%
	EXTR	D	-0.0%
	HSII	A	-0.0%
	AHH	C	-0.0%
	ICHR	D	-0.0%
	NFBK	D	-0.0%
	DV	F	-0.0%
	ASTE	F	-0.0%
	CTS	B	-0.0%
	VVI	D	-0.0%
	IPAR	F	-0.0%
	CFFN	F	-0.0%
	PEN	F	-0.0%
	PRLB	F	-0.0%
	FOXF	D	-0.0%
	CRSR	F	-0.0%
	SXI	D	-0.0%
	IIIN	F	-0.0%
	MYE	F	-0.0%
	HRMY	F	-0.0%
	YETI	D	-0.0%
	AVNS	C	-0.0%
	SHEN	D	-0.0%
	DRQ	F	-0.0%
	KNSL	F	-0.0%
	MXL	F	-0.0%
	COLL	D	-0.0%
	DIN	D	-0.0%
	TMP	D	-0.0%
	CYTK	F	-0.0%
	CLDT	F	-0.0%
	VIAV	F	-0.0%
	CENT	C	-0.0%
	RGR	F	-0.0%
	CSGS	F	-0.0%
	BSIG	A	-0.0%
	XNCR	C	-0.0%
	SLAB	D	-0.0%
	HTLD	D	-0.0%
	MCS	F	-0.0%
	CCRN	F	-0.0%
	WING	C	-0.0%
	WDFC	D	-0.0%
	INN	D	-0.0%
	AMPH	D	-0.0%
	SWAV	A	-0.0%
	USNA	D	-0.0%
	TILE	D	-0.0%
	ASTH	C	-0.0%
	SPSC	C	-0.0%
	PZZA	F	-0.0%
	PODD	C	-0.0%
	JACK	F	-0.0%
	GDEN	F	-0.0%
	ASIX	F	-0.0%
	NUS	D	-0.0%
	BLKB	C	-0.0%
	ROIC	D	-0.0%
	LNTH	C	-0.0%
	ALGM	D	-0.0%
	THRM	F	-0.0%
	TNC	D	-0.0%
	SJW	D	-0.0%
	AMSF	F	-0.0%
	IRDM	D	-0.0%
	IART	F	-0.0%
	CALX	F	-0.0%
	SIX	C	-0.0%
	WABC	C	-0.0%
	NX	D	-0.0%
	ALG	D	-0.0%
	CVGW	C	-0.0%
	PLMR	B	-0.0%
	CELH	C	-0.0%
	PRGS	D	-0.0%
	OLED	C	-0.0%
	PAHC	B	-0.0%
	HLIT	D	-0.0%
	THRY	D	-0.0%
	CRVL	A	-0.0%
	RCUS	D	-0.0%
	DFIN	C	-0.0%
	VECO	B	-0.0%
	HZO	F	-0.0%
	NEOG	F	-0.0%
	UNIT	F	-0.0%
	CORT	C	-0.0%
	MGPI	F	-0.0%
	KOP	F	-0.0%
	SMP	F	-0.0%
	CVLT	B	-0.0%
	POWI	C	-0.0%
	MCW	C	-0.0%
	FBNC	D	-0.0%
	DXPE	D	-0.0%
	HFWA	C	-0.0%
	NVEE	F	-0.0%
	GPRE	F	-0.0%
	SONO	D	-0.0%
	PRFT	C	-0.0%
	HWKN	B	-0.0%
	LKFN	C	-0.0%
	QLYS	F	-0.0%
	CNSL	C	-0.0%
	ALRM	D	-0.0%
	HAFC	C	-0.0%
	MD	F	-0.0%
	FLGT	D	-0.0%
	MATW	D	-0.0%
	NTCT	D	-0.0%
	HAYN	D	-0.0%
	TRST	C	-0.0%
	VTOL	A	-0.0%
	JOE	C	-0.0%
	DVAX	F	-0.0%
	WNC	F	-0.0%
	SMTC	B	-0.0%
	ETD	D	-0.0%
	RDNT	B	-0.0%
	USPH	C	-0.0%
	KREF	D	-0.0%
	TR	F	-0.0%
	LIVN	B	-0.0%
	MRTN	D	-0.0%
	UTL	A	-0.0%
	NEO	D	-0.0%
	ORA	C	-0.0%
	FCF	C	-0.0%
	GDOT	D	-0.0%
	NBHC	C	-0.0%
	SUPN	D	-0.0%
	ENV	B	-0.0%
	ALEX	C	-0.0%
	IRWD	F	-0.0%
	SAM	F	-0.0%
	CENX	C	-0.0%
	MTRN	F	-0.0%
	BFS	C	-0.0%
	RAMP	F	-0.0%
	SHC	F	-0.0%
	AAT	B	-0.0%
	QNST	C	-0.0%
	NVRI	D	-0.0%
	MMI	C	-0.0%
	PRA	D	-0.0%
	CSR	C	-0.0%
	MCRI	D	-0.0%
	AIR	B	-0.0%
	BRKL	F	-0.0%
	LGND	C	-0.0%

QWLD: Top Represented Industries & Keywords

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

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

VLU: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Oil & Gas E&P Semiconductors Packaged Foods Biotechnology Business Services Specialty Chemicals Specialty Retail REIT - Diversified Asset Management Diagnostics & Research Utilities - Regulated Electric Insurance - Property & Casualty REIT - Retail Restaurants Building Materials Aerospace & Defense Capital Markets

Keywords: S&P 500 Bank Banking Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Chemical Computing Aerospace Electronics Mining Medicine Semiconductor Deposit Products Electricity Telecommunications Transport Clothing Commercial Banking