QWLD vs. XRMI ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Global X S&P 500 (XRMI)

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

$128.03

Average Daily Volume

4,063

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

XRMI

Global X S&P 500

XRMI Description

Global X Funds - Global X S&P 500 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Risk Managed Income Index, by using full replication technique. Global X Funds - Global X S&P 500 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.05

Average Daily Volume

11,172

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	QWLD	XRMI
30 Days	1.38%	1.77%
60 Days	8.66%	5.41%
90 Days	5.18%	1.60%
12 Months	29.66%	9.57%

481 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in XRMI	Overlap
A	B	0.07%	0.09%	0.07%
AAPL	C	2.54%	7.16%	2.54%
ABBV	C	0.39%	0.7%	0.39%
ABBV	C	0.16%	0.7%	0.16%
ABNB	D	0.01%	0.12%	0.01%
ABT	C	0.09%	0.41%	0.09%
ACGL	A	0.28%	0.09%	0.09%
ACN	B	0.63%	0.43%	0.43%
ADBE	F	0.42%	0.48%	0.42%
ADI	B	0.04%	0.23%	0.04%
ADM	F	0.05%	0.06%	0.05%
ADP	A	0.23%	0.23%	0.23%
ADSK	B	0.09%	0.12%	0.09%
AEE	A	0.08%	0.05%	0.05%
AEP	C	0.07%	0.11%	0.07%
AES	C	0.01%	0.03%	0.01%
AFL	A	0.12%	0.11%	0.11%
AIG	C	0.06%	0.1%	0.06%
AIZ	B	0.07%	0.02%	0.02%
AJG	C	0.18%	0.13%	0.13%
AKAM	D	0.13%	0.03%	0.03%
ALB	D	0.01%	0.02%	0.01%
ALGN	D	0.01%	0.03%	0.01%
ALL	A	0.07%	0.1%	0.07%
ALLE	A	0.02%	0.02%	0.02%
AMAT	C	0.34%	0.34%	0.34%
AMCR	C	0.08%	0.03%	0.03%
AMD	C	0.04%	0.54%	0.04%
AME	C	0.01%	0.08%	0.01%
AMGN	D	0.18%	0.35%	0.18%
AMP	A	0.08%	0.09%	0.08%
AMT	D	0.03%	0.23%	0.03%
AMZN	C	0.33%	3.74%	0.33%
ANET	A	0.19%	0.21%	0.19%
ANSS	D	0.0%	0.05%	0.0%
AON	A	0.15%	0.16%	0.15%
AOS	C	0.02%	0.02%	0.02%
APA	F	0.03%	0.02%	0.02%
APD	C	0.03%	0.14%	0.03%
APH	D	0.39%	0.17%	0.17%
APTV	D	0.02%	0.04%	0.02%
ARE	D	0.01%	0.04%	0.01%
ATO	A	0.01%	0.05%	0.01%
AVB	C	0.01%	0.07%	0.01%
AVGO	B	0.11%	1.7%	0.11%
AVY	D	0.03%	0.04%	0.03%
AWK	D	0.01%	0.06%	0.01%
AXON	A	0.0%	0.06%	0.0%
AXP	A	0.06%	0.31%	0.06%
AZO	D	0.28%	0.1%	0.1%
BA	F	0.01%	0.19%	0.01%
BAC	B	0.32%	0.55%	0.32%
BALL	C	0.01%	0.04%	0.01%
BAX	D	0.02%	0.04%	0.02%
BBWI	F	0.0%	0.01%	0.0%
BBY	C	0.06%	0.04%	0.04%
BDX	C	0.08%	0.14%	0.08%
BEN	F	0.01%	0.01%	0.01%
BG	F	0.03%	0.03%	0.03%
BIIB	F	0.02%	0.06%	0.02%
BK	A	0.05%	0.11%	0.05%
BKNG	B	0.02%	0.28%	0.02%
BKR	B	0.02%	0.07%	0.02%
BLDR	C	0.05%	0.05%	0.05%
BLK	A	0.22%	0.27%	0.22%
BMY	A	0.19%	0.21%	0.19%
BR	B	0.04%	0.05%	0.04%
BRK.A	B	0.7%	1.72%	0.7%
BRO	A	0.13%	0.05%	0.05%
BSX	A	0.02%	0.25%	0.02%
BX	C	0.02%	0.23%	0.02%
BXP	B	0.01%	0.03%	0.01%
C	B	0.22%	0.24%	0.22%
CAG	D	0.05%	0.03%	0.03%
CAH	B	0.12%	0.06%	0.06%
CARR	A	0.02%	0.14%	0.02%
CAT	A	0.36%	0.38%	0.36%
CB	A	0.39%	0.22%	0.22%
CBOE	B	0.24%	0.05%	0.05%
CBRE	C	0.03%	0.08%	0.03%
CCI	D	0.02%	0.11%	0.02%
CCL	C	0.01%	0.04%	0.01%
CDNS	D	0.12%	0.16%	0.12%
CDW	D	0.09%	0.06%	0.06%
CE	D	0.01%	0.03%	0.01%
CEG	A	0.02%	0.17%	0.02%
CF	A	0.13%	0.03%	0.03%
CFG	C	0.03%	0.04%	0.03%
CHD	D	0.18%	0.06%	0.06%
CHRW	C	0.01%	0.02%	0.01%
CHTR	D	0.04%	0.06%	0.04%
CI	D	0.19%	0.2%	0.19%
CINF	A	0.02%	0.05%	0.02%
CL	D	0.21%	0.18%	0.18%
CLX	C	0.01%	0.04%	0.01%
CMCSA	B	0.16%	0.32%	0.16%
CME	A	0.15%	0.16%	0.15%
CMG	C	0.13%	0.17%	0.13%
CMI	A	0.09%	0.09%	0.09%
CMS	A	0.05%	0.04%	0.04%
CNC	F	0.06%	0.08%	0.06%
CNP	B	0.01%	0.04%	0.01%
COF	A	0.08%	0.12%	0.08%
COP	D	0.09%	0.25%	0.09%
COST	C	0.73%	0.84%	0.73%
CPAY	A	0.01%	0.04%	0.01%
CPB	D	0.1%	0.02%	0.02%
CPRT	B	0.07%	0.1%	0.07%
CPT	C	0.01%	0.03%	0.01%
CRL	F	0.0%	0.02%	0.0%
CRM	B	0.05%	0.55%	0.05%
CRWD	D	0.0%	0.14%	0.0%
CSCO	A	0.92%	0.44%	0.44%
CSGP	F	0.0%	0.06%	0.0%
CSX	D	0.11%	0.14%	0.11%
CTAS	C	0.13%	0.14%	0.13%
CTLT	A	0.01%	0.02%	0.01%
CTRA	D	0.02%	0.03%	0.02%
CTSH	B	0.2%	0.08%	0.08%
CTVA	A	0.04%	0.08%	0.04%
CVS	D	0.18%	0.16%	0.16%
CVX	B	0.29%	0.51%	0.29%
D	A	0.06%	0.1%	0.06%
DAL	C	0.01%	0.07%	0.01%
DAY	C	0.0%	0.02%	0.0%
DD	C	0.02%	0.08%	0.02%
DE	C	0.06%	0.21%	0.06%
DECK	B	0.04%	0.05%	0.04%
DELL	C	0.01%	0.07%	0.01%
DFS	A	0.03%	0.07%	0.03%
DG	F	0.01%	0.04%	0.01%
DGX	D	0.1%	0.03%	0.03%
DHI	C	0.12%	0.12%	0.12%
DHR	D	0.06%	0.36%	0.06%
DIS	D	0.08%	0.35%	0.08%
DLR	C	0.02%	0.1%	0.02%
DLTR	F	0.01%	0.03%	0.01%
DOC	C	0.01%	0.03%	0.01%
DOV	C	0.04%	0.05%	0.04%
DOW	B	0.04%	0.08%	0.04%
DPZ	D	0.06%	0.03%	0.03%
DRI	C	0.03%	0.04%	0.03%
DTE	B	0.02%	0.06%	0.02%
DUK	C	0.36%	0.19%	0.19%
DVA	C	0.01%	0.02%	0.01%
DVN	F	0.03%	0.05%	0.03%
DXCM	F	0.0%	0.06%	0.0%
EA	D	0.17%	0.08%	0.08%
EBAY	A	0.01%	0.07%	0.01%
ECL	C	0.01%	0.14%	0.01%
ED	C	0.37%	0.08%	0.08%
EFX	D	0.01%	0.07%	0.01%
EG	A	0.06%	0.03%	0.03%
EIX	C	0.03%	0.07%	0.03%
EL	D	0.01%	0.05%	0.01%
ELV	F	0.26%	0.25%	0.25%
EMN	C	0.01%	0.03%	0.01%
EMR	B	0.02%	0.12%	0.02%
ENPH	F	0.03%	0.03%	0.03%
EOG	B	0.05%	0.15%	0.05%
EPAM	F	0.02%	0.02%	0.02%
EQIX	C	0.01%	0.17%	0.01%
EQR	C	0.01%	0.06%	0.01%
EQT	C	0.01%	0.04%	0.01%
ERIE	A	0.15%	0.03%	0.03%
ES	D	0.02%	0.05%	0.02%
ESS	D	0.01%	0.04%	0.01%
ETN	B	0.03%	0.27%	0.03%
ETR	A	0.02%	0.06%	0.02%
EVRG	C	0.01%	0.03%	0.01%
EW	F	0.07%	0.08%	0.07%
EXC	C	0.03%	0.08%	0.03%
EXPD	D	0.04%	0.04%	0.04%
EXPE	B	0.01%	0.03%	0.01%
EXR	D	0.01%	0.08%	0.01%
F	D	0.09%	0.09%	0.09%
FANG	D	0.08%	0.07%	0.07%
FAST	C	0.08%	0.09%	0.08%
FCX	B	0.03%	0.15%	0.03%
FDS	C	0.03%	0.03%	0.03%
FDX	F	0.06%	0.13%	0.06%
FE	C	0.01%	0.05%	0.01%
FFIV	B	0.14%	0.02%	0.02%
FICO	C	0.04%	0.09%	0.04%
FIS	A	0.02%	0.09%	0.02%
FITB	C	0.03%	0.06%	0.03%
FOX	B	0.01%	0.01%	0.01%
FOXA	B	0.01%	0.02%	0.01%
FSLR	C	0.01%	0.05%	0.01%
FTNT	A	0.01%	0.1%	0.01%
FTV	C	0.01%	0.05%	0.01%
GD	C	0.18%	0.15%	0.15%
GDDY	B	0.21%	0.05%	0.05%
GE	B	0.32%	0.42%	0.32%
GEHC	C	0.02%	0.08%	0.02%
GEV	A	0.02%	0.14%	0.02%
GILD	A	0.22%	0.22%	0.22%
GIS	C	0.37%	0.09%	0.09%
GLW	C	0.02%	0.07%	0.02%
GM	D	0.15%	0.11%	0.11%
GOOG	B	0.87%	1.63%	0.87%
GOOGL	B	1.0%	1.96%	1.0%
GPC	D	0.06%	0.04%	0.04%
GPN	F	0.02%	0.05%	0.02%
GRMN	D	0.04%	0.06%	0.04%
GS	B	0.14%	0.32%	0.14%
GWW	B	0.1%	0.09%	0.09%
HAL	D	0.01%	0.05%	0.01%
HBAN	B	0.03%	0.04%	0.03%
HCA	C	0.04%	0.16%	0.04%
HD	A	0.14%	0.82%	0.14%
HES	D	0.01%	0.08%	0.01%
HIG	A	0.03%	0.08%	0.03%
HII	F	0.01%	0.02%	0.01%
HLT	A	0.01%	0.12%	0.01%
HOLX	D	0.01%	0.04%	0.01%
HON	C	0.23%	0.28%	0.23%
HPE	B	0.03%	0.05%	0.03%
HPQ	B	0.04%	0.07%	0.04%
HRL	F	0.1%	0.02%	0.02%
HSIC	D	0.01%	0.02%	0.01%
HST	D	0.01%	0.03%	0.01%
HSY	D	0.17%	0.06%	0.06%
HUBB	A	0.04%	0.04%	0.04%
HUM	F	0.17%	0.07%	0.07%
HWM	A	0.01%	0.09%	0.01%
IBM	A	0.49%	0.42%	0.42%
ICE	A	0.03%	0.19%	0.03%
IDXX	D	0.09%	0.08%	0.08%
IEX	D	0.02%	0.03%	0.02%
IFF	D	0.01%	0.06%	0.01%
INCY	B	0.12%	0.02%	0.02%
INTC	D	0.1%	0.21%	0.1%
INTU	F	0.23%	0.37%	0.23%
INVH	D	0.01%	0.04%	0.01%
IP	C	0.02%	0.03%	0.02%
IPG	D	0.02%	0.02%	0.02%
IQV	F	0.01%	0.08%	0.01%
IR	A	0.01%	0.08%	0.01%
IRM	B	0.01%	0.08%	0.01%
ISRG	C	0.23%	0.35%	0.23%
IT	A	0.03%	0.08%	0.03%
ITW	C	0.13%	0.15%	0.13%
J	F	0.01%	0.04%	0.01%
JBHT	D	0.03%	0.03%	0.03%
JBL	C	0.02%	0.02%	0.02%
JCI	C	0.03%	0.11%	0.03%
JKHY	A	0.06%	0.02%	0.02%
JNJ	D	1.13%	0.8%	0.8%
JNPR	C	0.13%	0.03%	0.03%
JPM	C	0.51%	1.24%	0.51%
K	B	0.22%	0.04%	0.04%
KDP	C	0.16%	0.08%	0.08%
KEY	B	0.02%	0.03%	0.02%
KEYS	B	0.17%	0.06%	0.06%
KHC	F	0.22%	0.06%	0.06%
KIM	C	0.01%	0.03%	0.01%
KKR	A	0.02%	0.19%	0.02%
KLAC	B	0.18%	0.22%	0.18%
KMB	D	0.12%	0.1%	0.1%
KMI	A	0.03%	0.09%	0.03%
KMX	F	0.01%	0.03%	0.01%
KO	C	0.64%	0.57%	0.57%
KR	C	0.3%	0.08%	0.08%
KVUE	C	0.08%	0.09%	0.08%
L	C	0.16%	0.03%	0.03%
LDOS	A	0.01%	0.05%	0.01%
LEN	C	0.09%	0.09%	0.09%
LHX	A	0.02%	0.09%	0.02%
LIN	C	0.06%	0.47%	0.06%
LKQ	F	0.01%	0.02%	0.01%
LLY	D	1.31%	1.51%	1.31%
LMT	A	0.45%	0.25%	0.25%
LNT	B	0.03%	0.03%	0.03%
LOW	C	0.07%	0.31%	0.07%
LRCX	D	0.21%	0.22%	0.21%
LULU	D	0.06%	0.06%	0.06%
LUV	B	0.0%	0.04%	0.0%
LVS	B	0.0%	0.03%	0.0%
LW	D	0.0%	0.02%	0.0%
LYB	B	0.03%	0.05%	0.03%
LYV	A	0.0%	0.04%	0.0%
MA	A	0.66%	0.84%	0.66%
MAA	D	0.01%	0.04%	0.01%
MAR	A	0.01%	0.12%	0.01%
MAS	C	0.01%	0.04%	0.01%
MCD	A	0.42%	0.45%	0.42%
MCHP	F	0.07%	0.09%	0.07%
MCK	F	0.45%	0.13%	0.13%
MCO	D	0.13%	0.16%	0.13%
MDLZ	D	0.16%	0.21%	0.16%
MDT	C	0.06%	0.24%	0.06%
MET	A	0.05%	0.1%	0.05%
META	A	2.1%	2.58%	2.1%
MGM	D	0.01%	0.02%	0.01%
MKC	C	0.01%	0.04%	0.01%
MKTX	B	0.01%	0.02%	0.01%
MLM	F	0.01%	0.06%	0.01%
MMC	D	0.5%	0.23%	0.23%
MMM	C	0.15%	0.16%	0.15%
MNST	D	0.06%	0.08%	0.06%
MO	D	0.04%	0.19%	0.04%
MOH	F	0.07%	0.04%	0.04%
MOS	F	0.02%	0.02%	0.02%
MPC	D	0.18%	0.11%	0.11%
MPWR	B	0.06%	0.09%	0.06%
MRK	F	0.49%	0.6%	0.49%
MRNA	F	0.01%	0.05%	0.01%
MRO	B	0.02%	0.03%	0.02%
MS	A	0.09%	0.26%	0.09%
MSCI	B	0.0%	0.09%	0.0%
MSFT	D	2.31%	6.68%	2.31%
MSI	A	0.58%	0.16%	0.16%
MTB	A	0.04%	0.06%	0.04%
MTCH	B	0.0%	0.02%	0.0%
MU	D	0.04%	0.22%	0.04%
NDAQ	C	0.01%	0.06%	0.01%
NDSN	C	0.02%	0.03%	0.02%
NEE	C	0.06%	0.36%	0.06%
NEM	C	0.05%	0.14%	0.05%
NFLX	A	0.45%	0.64%	0.45%
NI	A	0.01%	0.03%	0.01%
NKE	D	0.19%	0.22%	0.19%
NOC	B	0.33%	0.15%	0.15%
NOW	B	0.01%	0.38%	0.01%
NRG	A	0.02%	0.04%	0.02%
NSC	C	0.03%	0.11%	0.03%
NTAP	D	0.04%	0.06%	0.04%
NTRS	B	0.01%	0.04%	0.01%
NUE	D	0.04%	0.07%	0.04%
NVDA	B	2.11%	6.32%	2.11%
NVR	C	0.07%	0.05%	0.05%
NWSA	D	0.01%	0.02%	0.01%
NXPI	F	0.02%	0.13%	0.02%
O	C	0.02%	0.12%	0.02%
ODFL	F	0.07%	0.08%	0.07%
OKE	A	0.02%	0.11%	0.02%
OMC	C	0.04%	0.04%	0.04%
ON	F	0.02%	0.06%	0.02%
ORCL	A	0.23%	0.55%	0.23%
ORLY	A	0.22%	0.13%	0.13%
OTIS	A	0.01%	0.09%	0.01%
OXY	D	0.03%	0.07%	0.03%
PANW	B	0.15%	0.23%	0.15%
PARA	F	0.01%	0.01%	0.01%
PAYC	D	0.02%	0.02%	0.02%
PAYX	B	0.09%	0.09%	0.09%
PCAR	D	0.1%	0.11%	0.1%
PCG	C	0.03%	0.09%	0.03%
PEG	A	0.02%	0.1%	0.02%
PEP	F	0.81%	0.48%	0.48%
PFE	D	0.2%	0.34%	0.2%
PFG	A	0.02%	0.04%	0.02%
PG	D	0.95%	0.84%	0.84%
PGR	B	0.33%	0.31%	0.31%
PH	A	0.02%	0.17%	0.02%
PHM	C	0.07%	0.07%	0.07%
PKG	B	0.03%	0.04%	0.03%
PLD	D	0.05%	0.24%	0.05%
PLTR	A	0.0%	0.15%	0.0%
PM	D	0.06%	0.39%	0.06%
PNC	C	0.08%	0.15%	0.08%
PNR	C	0.03%	0.03%	0.03%
PODD	C	0.0%	0.03%	0.0%
POOL	D	0.03%	0.03%	0.03%
PPG	D	0.02%	0.07%	0.02%
PPL	C	0.01%	0.05%	0.01%
PRU	B	0.04%	0.09%	0.04%
PSA	C	0.09%	0.12%	0.09%
PSX	D	0.13%	0.12%	0.12%
PTC	B	0.07%	0.05%	0.05%
PWR	A	0.01%	0.09%	0.01%
PYPL	A	0.04%	0.16%	0.04%
QCOM	D	0.33%	0.39%	0.33%
QRVO	F	0.01%	0.02%	0.01%
RCL	B	0.0%	0.09%	0.0%
REG	C	0.01%	0.03%	0.01%
REGN	D	0.41%	0.22%	0.22%
RF	B	0.03%	0.04%	0.03%
RJF	B	0.01%	0.05%	0.01%
RMD	C	0.05%	0.08%	0.05%
ROK	D	0.06%	0.06%	0.06%
ROL	C	0.08%	0.03%	0.03%
ROP	D	0.48%	0.12%	0.12%
ROST	D	0.02%	0.1%	0.02%
RSG	D	0.43%	0.09%	0.09%
RTX	A	0.09%	0.33%	0.09%
SBAC	C	0.01%	0.05%	0.01%
SBUX	B	0.04%	0.22%	0.04%
SCHW	D	0.03%	0.2%	0.03%
SHW	C	0.14%	0.18%	0.14%
SJM	D	0.08%	0.03%	0.03%
SLB	D	0.03%	0.13%	0.03%
SMCI	F	0.03%	0.05%	0.03%
SNA	C	0.03%	0.03%	0.03%
SNPS	F	0.12%	0.16%	0.12%
SO	A	0.46%	0.21%	0.21%
SOLV	C	0.03%	0.02%	0.02%
SPG	A	0.02%	0.1%	0.02%
SPGI	C	0.04%	0.34%	0.04%
SRE	C	0.03%	0.11%	0.03%
STE	D	0.01%	0.05%	0.01%
STLD	C	0.02%	0.04%	0.02%
STT	A	0.03%	0.05%	0.03%
STX	C	0.01%	0.04%	0.01%
STZ	D	0.01%	0.08%	0.01%
SW	C	0.03%	0.05%	0.03%
SWK	C	0.02%	0.04%	0.02%
SWKS	F	0.03%	0.03%	0.03%
SYF	A	0.03%	0.04%	0.03%
SYK	C	0.03%	0.25%	0.03%
SYY	D	0.03%	0.08%	0.03%
T	B	0.37%	0.32%	0.32%
TAP	D	0.01%	0.02%	0.01%
TDG	A	0.01%	0.16%	0.01%
TDY	A	0.05%	0.04%	0.04%
TECH	D	0.0%	0.03%	0.0%
TEL	D	0.09%	0.09%	0.09%
TER	C	0.03%	0.05%	0.03%
TFC	D	0.08%	0.12%	0.08%
TFX	C	0.01%	0.02%	0.01%
TGT	C	0.15%	0.15%	0.15%
TJX	D	0.33%	0.28%	0.28%
TMO	D	0.07%	0.48%	0.07%
TMUS	A	0.64%	0.2%	0.2%
TRGP	A	0.03%	0.08%	0.03%
TRMB	B	0.01%	0.03%	0.01%
TROW	D	0.05%	0.05%	0.05%
TRV	B	0.26%	0.11%	0.11%
TSCO	A	0.05%	0.06%	0.05%
TSLA	C	0.13%	1.48%	0.13%
TSN	D	0.13%	0.03%	0.03%
TT	A	0.14%	0.19%	0.14%
TTWO	D	0.01%	0.05%	0.01%
TXN	C	0.49%	0.39%	0.39%
TXT	F	0.01%	0.03%	0.01%
TYL	D	0.0%	0.05%	0.0%
UBER	C	0.01%	0.33%	0.01%
UDR	C	0.0%	0.03%	0.0%
UHS	D	0.01%	0.03%	0.01%
ULTA	D	0.07%	0.04%	0.04%
UNH	B	1.3%	1.11%	1.11%
UNP	F	0.27%	0.31%	0.27%
UPS	D	0.07%	0.2%	0.07%
URI	C	0.02%	0.11%	0.02%
USB	C	0.08%	0.15%	0.08%
V	B	1.05%	0.94%	0.94%
VICI	C	0.02%	0.07%	0.02%
VLO	F	0.07%	0.09%	0.07%
VLTO	A	0.05%	0.05%	0.05%
VMC	D	0.01%	0.07%	0.01%
VRSK	D	0.0%	0.08%	0.0%
VRSN	C	0.14%	0.03%	0.03%
VRTX	D	0.42%	0.25%	0.25%
VST	A	0.01%	0.08%	0.01%
VTR	C	0.01%	0.06%	0.01%
VTRS	D	0.03%	0.03%	0.03%
VZ	C	0.61%	0.39%	0.39%
WAB	A	0.01%	0.06%	0.01%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.04%	0.01%	0.01%
WBD	F	0.06%	0.04%	0.04%
WDC	C	0.01%	0.05%	0.01%
WEC	B	0.19%	0.06%	0.06%
WELL	C	0.02%	0.15%	0.02%
WFC	B	0.21%	0.38%	0.21%
WM	B	0.48%	0.16%	0.16%
WMB	A	0.15%	0.12%	0.12%
WMT	A	0.71%	0.73%	0.71%
WRB	C	0.13%	0.03%	0.03%
WST	D	0.03%	0.04%	0.03%
WTW	C	0.07%	0.06%	0.06%
WY	C	0.02%	0.05%	0.02%
WYNN	B	0.0%	0.02%	0.0%
XEL	C	0.08%	0.07%	0.07%
XOM	A	0.45%	1.06%	0.45%
XYL	C	0.01%	0.07%	0.01%
YUM	C	0.15%	0.08%	0.08%
ZBH	F	0.01%	0.05%	0.01%
ZBRA	B	0.01%	0.03%	0.01%
ZTS	C	0.16%	0.18%	0.16%

QWLD Overweight 129 Positions Relative to XRMI

Symbol	Grade	Weight
NVS	D	0.87%
COR	F	0.38%
UL	D	0.3%
WCN	D	0.26%
CHKP	A	0.19%
MFG	B	0.19%
BAH	C	0.16%
TM	D	0.15%
TD	B	0.14%
UTHR	C	0.14%
DEO	C	0.13%
MKL	B	0.12%
MUFG	D	0.12%
E	C	0.12%
GEN	A	0.11%
LYG	C	0.1%
STLA	F	0.1%
BCS	B	0.1%
NBIX	F	0.1%
CNI	D	0.1%
SMFG	D	0.09%
FCNCA	D	0.09%
BMRN	F	0.08%
HMC	D	0.08%
SONY	C	0.08%
LOGI	D	0.07%
FI	A	0.07%
BTI	D	0.05%
LNG	A	0.05%
DINO	F	0.05%
MT	B	0.05%
TPL	A	0.04%
EME	B	0.04%
MANH	A	0.04%
WDAY	D	0.04%
WSM	C	0.04%
VEEV	C	0.04%
GGG	C	0.03%
OC	C	0.03%
WSO	C	0.03%
CSL	A	0.03%
LPLA	D	0.03%
ACI	F	0.02%
OVV	D	0.02%
CNH	C	0.02%
NMR	F	0.02%
TTC	F	0.02%
CHK	C	0.02%
AER	C	0.02%
AFG	A	0.02%
DKS	D	0.02%
WTRG	D	0.01%
OTEX	D	0.01%
RPM	A	0.01%
UHAL	C	0.01%
FBIN	C	0.01%
GLPI	C	0.01%
RPRX	D	0.01%
CG	B	0.01%
BURL	C	0.01%
TRU	C	0.01%
SUI	D	0.01%
ZM	B	0.01%
ACM	A	0.01%
MBAVU	C	0.01%
AVTR	D	0.01%
WPC	C	0.01%
CCEP	C	0.01%
RVTY	C	0.01%
CHRD	F	0.01%
MRVL	C	0.01%
CCK	C	0.01%
SE	B	0.01%
SSNC	C	0.01%
AGCO	D	0.01%
KNX	D	0.01%
EQH	B	0.01%
WFG	C	0.01%
BSY	D	0.01%
CRBG	B	0.01%
FNF	C	0.01%
APO	A	0.01%
SQ	D	0.01%
SEIC	B	0.01%
ALLY	F	0.01%
MELI	D	0.01%
RS	D	0.01%
GLBE	C	0.0%
IOT	C	0.0%
NET	D	0.0%
TOST	B	0.0%
RBLX	D	0.0%
XRX	D	0.0%
DDOG	B	0.0%
DKNG	C	0.0%
SNAP	D	0.0%
PSTG	F	0.0%
H	B	0.0%
FUTU	A	0.0%
MSTR	B	0.0%
HEI	C	0.0%
DOCU	A	0.0%
GRAB	C	0.0%
DT	B	0.0%
SNOW	F	0.0%
PINS	D	0.0%
APP	A	0.0%
HOOD	B	0.0%
OKTA	F	0.0%
ROKU	C	0.0%
EXAS	C	0.0%
TTD	A	0.0%
LII	C	0.0%
TW	A	0.0%
ELS	D	0.0%
Z	C	0.0%
HEI	C	0.0%
VRT	B	0.0%
ENTG	D	0.0%
RIVN	F	0.0%
DASH	A	0.0%
ILMN	B	0.0%
QGEN	F	0.0%
WLK	C	0.0%
BIO	B	0.0%
ARES	A	0.0%
COIN	F	0.0%
AMH	D	0.0%
TWLO	B	0.0%

QWLD Underweight 16 Positions Relative to XRMI

Symbol	Grade	Weight
MTD	C	-0.06%
UAL	A	-0.04%
RL	B	-0.02%
IVZ	A	-0.02%
BWA	C	-0.02%
GL	C	-0.02%
MHK	C	-0.02%
GNRC	B	-0.02%
FMC	C	-0.02%
NCLH	C	-0.02%
CZR	B	-0.02%
PNW	C	-0.02%
HAS	A	-0.02%
TPR	B	-0.02%
NWS	D	-0.01%
FRT	D	-0.01%