ZZZ vs. QWLD ETF Comparison

Comparison of Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ) to SPDR MSCI World Quality Mix ETF (QWLD)

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

709

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

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

Performance

Period	ZZZ	QWLD
30 Days	13.77%	0.82%
60 Days	12.62%	0.23%
90 Days	13.76%	0.87%
12 Months		22.65%

459 Overlapping Holdings

Symbol	Grade	Weight in ZZZ	Weight in QWLD	Overlap
A	D	0.04%	0.06%	0.04%
AAPL	C	3.67%	2.57%	2.57%
ABBV	D	0.32%	0.34%	0.32%
ABBV	D	0.32%	0.16%	0.16%
ABNB	C	0.06%	0.01%	0.01%
ABT	B	0.22%	0.09%	0.09%
ACGL	D	0.04%	0.26%	0.04%
ACN	C	0.24%	0.65%	0.24%
ADBE	C	0.22%	0.42%	0.22%
ADI	D	0.12%	0.04%	0.04%
ADM	D	0.03%	0.05%	0.03%
ADP	B	0.13%	0.26%	0.13%
ADSK	A	0.07%	0.1%	0.07%
AEE	A	0.03%	0.09%	0.03%
AEP	D	0.05%	0.07%	0.05%
AES	F	0.01%	0.01%	0.01%
AFL	B	0.06%	0.12%	0.06%
AIG	B	0.06%	0.07%	0.06%
AIZ	A	0.02%	0.08%	0.02%
AJG	B	0.07%	0.19%	0.07%
AKAM	D	0.01%	0.11%	0.01%
ALB	C	0.01%	0.01%	0.01%
ALGN	D	0.03%	0.0%	0.0%
ALL	A	0.07%	0.08%	0.07%
ALLE	D	0.02%	0.02%	0.02%
AMAT	F	0.15%	0.29%	0.15%
AMCR	D	0.02%	0.08%	0.02%
AMD	F	0.25%	0.03%	0.03%
AME	A	0.04%	0.01%	0.01%
AMGN	D	0.16%	0.16%	0.16%
AMP	A	0.06%	0.09%	0.06%
AMT	D	0.11%	0.02%	0.02%
AMZN	C	2.04%	0.37%	0.37%
ANET	C	0.08%	0.19%	0.08%
ANSS	B	0.04%	0.0%	0.0%
AON	A	0.09%	0.17%	0.09%
AOS	F	0.01%	0.02%	0.01%
APA	D	0.01%	0.02%	0.01%
APD	A	0.07%	0.03%	0.03%
APH	A	0.09%	0.43%	0.09%
APTV	D	0.02%	0.01%	0.01%
ARE	D	0.02%	0.01%	0.01%
ATO	A	0.02%	0.01%	0.01%
AVB	B	0.03%	0.01%	0.01%
AVGO	D	0.76%	0.11%	0.11%
AVY	D	0.02%	0.03%	0.02%
AWK	D	0.03%	0.01%	0.01%
AXON	A	0.07%	0.0%	0.0%
AXP	A	0.19%	0.06%	0.06%
BA	F	0.1%	0.01%	0.01%
BAC	A	0.36%	0.39%	0.36%
BALL	D	0.02%	0.01%	0.01%
BAX	D	0.02%	0.01%	0.01%
BBWI	D	0.01%	0.0%	0.0%
BBY	D	0.02%	0.06%	0.02%
BDX	F	0.08%	0.07%	0.07%
BEN	C	0.01%	0.01%	0.01%
BG	F	0.01%	0.03%	0.01%
BIIB	F	0.02%	0.01%	0.01%
BK	A	0.07%	0.05%	0.05%
BKR	B	0.05%	0.02%	0.02%
BLDR	D	0.02%	0.05%	0.02%
BLK	C	0.12%	0.25%	0.12%
BMY	B	0.13%	0.21%	0.13%
BR	A	0.03%	0.04%	0.03%
BRK.A	B	0.95%	0.73%	0.73%
BRO	B	0.02%	0.14%	0.02%
BSX	B	0.14%	0.02%	0.02%
BX	A	0.14%	0.03%	0.03%
BXP	D	0.01%	0.01%	0.01%
C	A	0.15%	0.25%	0.15%
CAG	D	0.01%	0.04%	0.01%
CAH	B	0.03%	0.13%	0.03%
CARR	D	0.07%	0.02%	0.02%
CAT	B	0.22%	0.36%	0.22%
CB	C	0.13%	0.4%	0.13%
CBOE	B	0.02%	0.24%	0.02%
CBRE	B	0.04%	0.03%	0.03%
CCI	D	0.05%	0.01%	0.01%
CCL	B	0.03%	0.01%	0.01%
CDNS	B	0.1%	0.13%	0.1%
CDW	F	0.02%	0.07%	0.02%
CE	F	0.01%	0.01%	0.01%
CEG	D	0.08%	0.02%	0.02%
CF	B	0.02%	0.13%	0.02%
CFG	B	0.03%	0.04%	0.03%
CHD	B	0.02%	0.19%	0.02%
CHRW	C	0.01%	0.01%	0.01%
CHTR	C	0.04%	0.05%	0.04%
CI	F	0.11%	0.18%	0.11%
CINF	A	0.03%	0.02%	0.02%
CL	D	0.09%	0.2%	0.09%
CLX	B	0.02%	0.01%	0.01%
CMCSA	B	0.19%	0.17%	0.17%
CME	A	0.1%	0.16%	0.1%
CMI	A	0.04%	0.1%	0.04%
CMS	C	0.02%	0.05%	0.02%
CNC	D	0.03%	0.05%	0.03%
CNP	B	0.02%	0.01%	0.01%
COF	B	0.08%	0.1%	0.08%
COP	C	0.15%	0.1%	0.1%
COR	B	0.05%	0.41%	0.05%
COST	B	0.41%	0.76%	0.41%
CPAY	A	0.04%	0.01%	0.01%
CPB	D	0.01%	0.09%	0.01%
CPRT	A	0.06%	0.08%	0.06%
CPT	B	0.01%	0.01%	0.01%
CRL	C	0.02%	0.0%	0.0%
CRM	B	0.36%	0.06%	0.06%
CSCO	B	0.26%	1.03%	0.26%
CSGP	D	0.03%	0.0%	0.0%
CSX	B	0.08%	0.11%	0.08%
CTAS	B	0.1%	0.14%	0.1%
CTLT	B	0.01%	0.01%	0.01%
CTRA	B	0.02%	0.02%	0.02%
CTSH	B	0.04%	0.2%	0.04%
CTVA	C	0.04%	0.04%	0.04%
CVS	D	0.08%	0.16%	0.08%
CVX	A	0.31%	0.33%	0.31%
D	C	0.05%	0.06%	0.05%
DAL	C	0.04%	0.01%	0.01%
DAY	B	0.02%	0.0%	0.0%
DD	D	0.04%	0.02%	0.02%
DE	A	0.14%	0.06%	0.06%
DFS	B	0.04%	0.04%	0.04%
DG	F	0.02%	0.01%	0.01%
DGX	A	0.02%	0.11%	0.02%
DHI	D	0.05%	0.1%	0.05%
DHR	F	0.16%	0.05%	0.05%
DIS	B	0.23%	0.1%	0.1%
DLR	B	0.06%	0.02%	0.02%
DLTR	F	0.01%	0.01%	0.01%
DOC	D	0.01%	0.01%	0.01%
DOV	A	0.02%	0.05%	0.02%
DOW	F	0.03%	0.03%	0.03%
DRI	B	0.02%	0.03%	0.02%
DTE	C	0.03%	0.02%	0.02%
DUK	C	0.1%	0.36%	0.1%
DVA	B	0.02%	0.01%	0.01%
DVN	F	0.03%	0.03%	0.03%
DXCM	D	0.03%	0.0%	0.0%
EA	A	0.04%	0.2%	0.04%
EBAY	D	0.03%	0.01%	0.01%
ECL	D	0.08%	0.01%	0.01%
ED	D	0.03%	0.35%	0.03%
EFX	F	0.03%	0.01%	0.01%
EIX	B	0.04%	0.03%	0.03%
EL	F	0.01%	0.01%	0.01%
ELV	F	0.09%	0.21%	0.09%
EMN	D	0.01%	0.01%	0.01%
EMR	A	0.09%	0.03%	0.03%
ENPH	F	0.01%	0.01%	0.01%
EOG	A	0.09%	0.06%	0.06%
EPAM	C	0.03%	0.02%	0.02%
EQIX	A	0.1%	0.02%	0.02%
EQR	B	0.03%	0.01%	0.01%
EQT	B	0.02%	0.02%	0.02%
ES	D	0.02%	0.01%	0.01%
ESS	B	0.03%	0.01%	0.01%
ETN	A	0.16%	0.03%	0.03%
ETR	B	0.03%	0.03%	0.03%
EVRG	A	0.01%	0.01%	0.01%
EW	C	0.05%	0.07%	0.05%
EXC	C	0.04%	0.03%	0.03%
EXPD	D	0.01%	0.04%	0.01%
EXPE	B	0.02%	0.01%	0.01%
EXR	D	0.04%	0.01%	0.01%
F	C	0.05%	0.09%	0.05%
FANG	D	0.04%	0.09%	0.04%
FAST	B	0.06%	0.09%	0.06%
FCX	D	0.07%	0.02%	0.02%
FDX	B	0.07%	0.07%	0.07%
FE	C	0.02%	0.01%	0.01%
FFIV	B	0.03%	0.16%	0.03%
FI	A	0.14%	0.09%	0.09%
FIS	C	0.06%	0.02%	0.02%
FITB	A	0.04%	0.03%	0.03%
FOX	A	0.0%	0.01%	0.0%
FOXA	B	0.01%	0.01%	0.01%
FSLR	F	0.02%	0.01%	0.01%
FTNT	C	0.06%	0.01%	0.01%
FTV	C	0.03%	0.01%	0.01%
GD	F	0.06%	0.18%	0.06%
GE	D	0.22%	0.31%	0.22%
GEHC	F	0.04%	0.02%	0.02%
GEN	B	0.02%	0.12%	0.02%
GEV	B	0.08%	0.02%	0.02%
GILD	C	0.12%	0.24%	0.12%
GIS	D	0.04%	0.33%	0.04%
GLW	B	0.04%	0.02%	0.02%
GM	B	0.09%	0.19%	0.09%
GOOG	C	0.97%	0.94%	0.94%
GOOGL	C	1.13%	1.07%	1.07%
GPC	D	0.01%	0.05%	0.01%
GPN	B	0.04%	0.02%	0.02%
GRMN	B	0.05%	0.05%	0.05%
GS	A	0.2%	0.17%	0.17%
HAL	C	0.03%	0.02%	0.02%
HBAN	A	0.03%	0.03%	0.03%
HCA	F	0.08%	0.04%	0.04%
HD	A	0.46%	0.15%	0.15%
HES	B	0.05%	0.01%	0.01%
HIG	B	0.04%	0.03%	0.03%
HLT	A	0.08%	0.01%	0.01%
HOLX	D	0.02%	0.01%	0.01%
HON	B	0.18%	0.26%	0.18%
HPE	B	0.03%	0.04%	0.03%
HPQ	B	0.04%	0.04%	0.04%
HRL	D	0.01%	0.09%	0.01%
HSIC	B	0.01%	0.01%	0.01%
HST	C	0.01%	0.01%	0.01%
HSY	F	0.02%	0.16%	0.02%
HUBB	B	0.05%	0.04%	0.04%
HUM	C	0.03%	0.15%	0.03%
HWM	A	0.05%	0.01%	0.01%
IBM	C	0.21%	0.46%	0.21%
ICE	C	0.11%	0.03%	0.03%
IDXX	F	0.05%	0.07%	0.05%
IEX	B	0.03%	0.03%	0.03%
IFF	D	0.03%	0.01%	0.01%
ILMN	D	0.03%	0.0%	0.0%
INCY	C	0.02%	0.15%	0.02%
INTC	D	0.12%	0.1%	0.1%
INTU	C	0.23%	0.27%	0.23%
INVH	D	0.02%	0.01%	0.01%
IP	B	0.02%	0.02%	0.02%
IPG	D	0.01%	0.02%	0.01%
IQV	D	0.04%	0.01%	0.01%
IR	B	0.05%	0.01%	0.01%
IRM	D	0.04%	0.01%	0.01%
ISRG	A	0.18%	0.25%	0.18%
IT	C	0.06%	0.03%	0.03%
ITW	B	0.09%	0.13%	0.09%
J	F	0.02%	0.01%	0.01%
JBHT	C	0.02%	0.03%	0.02%
JBL	B	0.01%	0.02%	0.01%
JCI	C	0.07%	0.03%	0.03%
JKHY	D	0.02%	0.07%	0.02%
JNJ	D	0.42%	1.1%	0.42%
JNPR	F	0.01%	0.12%	0.01%
JPM	A	0.8%	0.6%	0.6%
K	A	0.03%	0.23%	0.03%
KDP	D	0.04%	0.14%	0.04%
KEY	B	0.02%	0.02%	0.02%
KEYS	A	0.03%	0.17%	0.03%
KHC	F	0.03%	0.2%	0.03%
KIM	A	0.02%	0.01%	0.01%
KLAC	D	0.07%	0.14%	0.07%
KMB	D	0.05%	0.11%	0.05%
KMI	A	0.06%	0.04%	0.04%
KMX	B	0.02%	0.02%	0.02%
KO	D	0.26%	0.56%	0.26%
KR	B	0.05%	0.31%	0.05%
KVUE	A	0.05%	0.08%	0.05%
L	A	0.02%	0.17%	0.02%
LDOS	C	0.02%	0.01%	0.01%
LEN	D	0.04%	0.09%	0.04%
LH	C	0.03%	0.02%	0.02%
LHX	C	0.05%	0.02%	0.02%
LIN	D	0.25%	0.06%	0.06%
LKQ	D	0.01%	0.01%	0.01%
LLY	F	0.59%	1.14%	0.59%
LMT	D	0.12%	0.42%	0.12%
LNT	A	0.02%	0.03%	0.02%
LOW	D	0.18%	0.07%	0.07%
LRCX	F	0.08%	0.18%	0.08%
LULU	C	0.03%	0.07%	0.03%
LUV	C	0.02%	0.0%	0.0%
LVS	C	0.02%	0.0%	0.0%
LW	C	0.01%	0.0%	0.0%
LYB	F	0.03%	0.03%	0.03%
LYV	A	0.01%	0.0%	0.0%
MA	C	0.47%	0.71%	0.47%
MAA	B	0.02%	0.01%	0.01%
MAR	B	0.06%	0.01%	0.01%
MAS	D	0.02%	0.01%	0.01%
MCD	D	0.23%	0.42%	0.23%
MCHP	D	0.04%	0.06%	0.04%
MCK	B	0.07%	0.58%	0.07%
MCO	B	0.11%	0.13%	0.11%
MDLZ	F	0.09%	0.14%	0.09%
MDT	D	0.13%	0.06%	0.06%
MET	A	0.06%	0.05%	0.05%
META	D	1.35%	2.11%	1.35%
MGM	D	0.01%	0.01%	0.01%
MKC	D	0.02%	0.01%	0.01%
MLM	B	0.07%	0.01%	0.01%
MMC	B	0.13%	0.51%	0.13%
MMM	D	0.07%	0.14%	0.07%
MNST	C	0.04%	0.07%	0.04%
MO	A	0.11%	0.04%	0.04%
MOH	F	0.03%	0.06%	0.03%
MOS	F	0.01%	0.02%	0.01%
MPC	D	0.07%	0.17%	0.07%
MRK	F	0.27%	0.42%	0.27%
MRNA	F	0.01%	0.01%	0.01%
MRO	B	0.02%	0.02%	0.02%
MS	A	0.18%	0.12%	0.12%
MSCI	C	0.07%	0.0%	0.0%
MSFT	F	3.4%	2.3%	2.3%
MSI	B	0.11%	0.65%	0.11%
MTB	A	0.05%	0.05%	0.05%
MTCH	D	0.01%	0.0%	0.0%
MU	D	0.12%	0.04%	0.04%
NDAQ	A	0.03%	0.01%	0.01%
NDSN	B	0.03%	0.02%	0.02%
NEE	D	0.17%	0.06%	0.06%
NEM	D	0.05%	0.04%	0.04%
NFLX	A	0.38%	0.54%	0.38%
NI	A	0.02%	0.01%	0.01%
NKE	D	0.1%	0.17%	0.1%
NOC	D	0.05%	0.32%	0.05%
NOW	A	0.23%	0.01%	0.01%
NRG	B	0.02%	0.02%	0.02%
NSC	B	0.06%	0.03%	0.03%
NTAP	C	0.03%	0.04%	0.03%
NTRS	A	0.02%	0.02%	0.02%
NUE	C	0.03%	0.04%	0.03%
NVDA	C	3.81%	2.53%	2.53%
NWSA	B	0.01%	0.01%	0.01%
NXPI	D	0.07%	0.02%	0.02%
O	D	0.04%	0.02%	0.02%
ODFL	B	0.05%	0.08%	0.05%
OKE	A	0.08%	0.03%	0.03%
OMC	C	0.02%	0.04%	0.02%
ON	D	0.03%	0.01%	0.01%
ORCL	B	0.33%	0.25%	0.25%
ORLY	B	0.14%	0.24%	0.14%
OTIS	C	0.05%	0.01%	0.01%
OXY	D	0.04%	0.03%	0.03%
PANW	C	0.13%	0.18%	0.13%
PARA	C	0.01%	0.01%	0.01%
PAYX	C	0.05%	0.1%	0.05%
PCAR	B	0.06%	0.11%	0.06%
PCG	A	0.05%	0.03%	0.03%
PEG	A	0.05%	0.02%	0.02%
PEP	F	0.25%	0.77%	0.25%
PFE	D	0.16%	0.18%	0.16%
PFG	D	0.02%	0.02%	0.02%
PG	A	0.44%	0.95%	0.44%
PGR	A	0.17%	0.35%	0.17%
PH	A	0.08%	0.02%	0.02%
PHM	D	0.03%	0.06%	0.03%
PKG	A	0.03%	0.04%	0.03%
PLD	D	0.12%	0.04%	0.04%
PM	B	0.22%	0.07%	0.07%
PNC	B	0.09%	0.1%	0.09%
PNR	A	0.02%	0.03%	0.02%
PODD	C	0.03%	0.0%	0.0%
PPG	F	0.03%	0.01%	0.01%
PPL	B	0.03%	0.01%	0.01%
PRU	A	0.06%	0.05%	0.05%
PSA	D	0.08%	0.09%	0.08%
PSX	C	0.06%	0.14%	0.06%
PTC	A	0.02%	0.08%	0.02%
PWR	A	0.04%	0.01%	0.01%
PYPL	B	0.1%	0.04%	0.04%
QCOM	F	0.2%	0.32%	0.2%
QRVO	F	0.01%	0.0%	0.0%
RCL	A	0.05%	0.01%	0.01%
REG	B	0.02%	0.01%	0.01%
REGN	F	0.09%	0.31%	0.09%
RF	A	0.03%	0.03%	0.03%
RJF	A	0.04%	0.02%	0.02%
RMD	C	0.03%	0.05%	0.03%
ROK	B	0.03%	0.06%	0.03%
ROL	B	0.02%	0.08%	0.02%
ROP	B	0.06%	0.48%	0.06%
ROST	C	0.05%	0.02%	0.02%
RSG	A	0.05%	0.46%	0.05%
RTX	C	0.19%	0.09%	0.09%
RVTY	F	0.01%	0.01%	0.01%
SBAC	D	0.02%	0.01%	0.01%
SBUX	A	0.12%	0.04%	0.04%
SCHW	B	0.14%	0.04%	0.04%
SHW	A	0.08%	0.14%	0.08%
SJM	D	0.01%	0.07%	0.01%
SLB	C	0.07%	0.03%	0.03%
SNA	A	0.04%	0.04%	0.04%
SNPS	B	0.12%	0.12%	0.12%
SO	D	0.11%	0.46%	0.11%
SOLV	C	0.01%	0.03%	0.01%
SPG	B	0.06%	0.02%	0.02%
SPGI	C	0.17%	0.04%	0.04%
SRE	A	0.06%	0.04%	0.04%
STE	F	0.02%	0.01%	0.01%
STLD	B	0.03%	0.02%	0.02%
STT	A	0.03%	0.03%	0.03%
STX	D	0.02%	0.01%	0.01%
STZ	D	0.05%	0.01%	0.01%
SW	A	0.02%	0.03%	0.02%
SWK	D	0.02%	0.01%	0.01%
SWKS	F	0.02%	0.03%	0.02%
SYF	B	0.03%	0.04%	0.03%
SYK	C	0.13%	0.03%	0.03%
SYY	B	0.04%	0.03%	0.03%
T	A	0.18%	0.39%	0.18%
TAP	C	0.01%	0.01%	0.01%
TDG	D	0.14%	0.01%	0.01%
TECH	D	0.02%	0.0%	0.0%
TER	D	0.02%	0.02%	0.02%
TFC	A	0.07%	0.09%	0.07%
TGT	F	0.09%	0.15%	0.09%
TJX	A	0.15%	0.35%	0.15%
TMO	F	0.23%	0.06%	0.06%
TMUS	B	0.13%	0.76%	0.13%
TRGP	B	0.04%	0.04%	0.04%
TRMB	B	0.02%	0.01%	0.01%
TROW	B	0.03%	0.05%	0.03%
TRV	B	0.06%	0.3%	0.06%
TSCO	D	0.03%	0.06%	0.03%
TSLA	B	0.92%	0.16%	0.16%
TSN	B	0.02%	0.15%	0.02%
TT	A	0.09%	0.15%	0.09%
TTWO	A	0.04%	0.01%	0.01%
TXN	C	0.21%	0.48%	0.21%
TXT	D	0.02%	0.01%	0.01%
UBER	D	0.16%	0.01%	0.01%
UDR	B	0.02%	0.0%	0.0%
UHS	D	0.02%	0.01%	0.01%
UNH	C	0.6%	1.35%	0.6%
UNP	C	0.16%	0.26%	0.16%
UPS	C	0.11%	0.07%	0.07%
URI	B	0.09%	0.02%	0.02%
USB	A	0.09%	0.09%	0.09%
V	A	0.56%	1.21%	0.56%
VICI	C	0.04%	0.02%	0.02%
VLO	C	0.05%	0.08%	0.05%
VLTO	D	0.02%	0.05%	0.02%
VMC	B	0.03%	0.01%	0.01%
VRSK	A	0.03%	0.01%	0.01%
VRSN	F	0.02%	0.14%	0.02%
VRTX	F	0.16%	0.43%	0.16%
VTR	C	0.03%	0.01%	0.01%
VTRS	A	0.02%	0.03%	0.02%
VZ	C	0.2%	0.58%	0.2%
WAB	B	0.04%	0.01%	0.01%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.01%	0.04%	0.01%
WBD	C	0.02%	0.07%	0.02%
WDC	D	0.02%	0.01%	0.01%
WEC	A	0.03%	0.2%	0.03%
WELL	A	0.08%	0.02%	0.02%
WFC	A	0.3%	0.28%	0.28%
WM	A	0.1%	0.52%	0.1%
WMB	A	0.08%	0.19%	0.08%
WMT	A	0.4%	0.76%	0.4%
WRB	A	0.02%	0.14%	0.02%
WST	C	0.03%	0.04%	0.03%
WTW	B	0.04%	0.07%	0.04%
WY	D	0.02%	0.02%	0.02%
WYNN	D	0.01%	0.0%	0.0%
XEL	A	0.04%	0.09%	0.04%
XOM	B	0.6%	0.47%	0.47%
XYL	D	0.03%	0.01%	0.01%
YUM	B	0.05%	0.15%	0.05%
ZBH	C	0.03%	0.01%	0.01%
ZBRA	B	0.04%	0.01%	0.01%
ZTS	D	0.1%	0.15%	0.1%

ZZZ Overweight 22 Positions Relative to QWLD

Symbol	Grade	Weight
UAL	A	0.03%
MHK	D	0.02%
GNRC	B	0.02%
ETSY	D	0.01%
FMC	D	0.01%
VFC	C	0.01%
ZION	B	0.01%
HAS	D	0.01%
CMA	A	0.01%
BWA	D	0.01%
IVZ	B	0.01%
CZR	F	0.01%
RHI	B	0.01%
AAL	B	0.01%
PNW	B	0.01%
NCLH	B	0.01%
GL	B	0.01%
WHR	B	0.01%
FRT	B	0.01%
TPR	B	0.01%
NWS	B	0.0%
XRAY	F	0.0%

ZZZ Underweight 151 Positions Relative to QWLD

Symbol	Grade	Weight
NVS	D	-0.79%
AZO	C	-0.28%
UL	D	-0.27%
WCN	A	-0.27%
HSBH	B	-0.25%
GDDY	A	-0.25%
MFG	B	-0.24%
CHKP	D	-0.17%
TM	D	-0.15%
UTHR	C	-0.15%
BAH	F	-0.15%
CMG	B	-0.14%
MUFG	B	-0.14%
MKL	A	-0.13%
ERIE	D	-0.12%
TD	F	-0.12%
E	F	-0.12%
NBIX	C	-0.11%
BCS	C	-0.11%
FCNCA	A	-0.11%
DEO	F	-0.11%
GWW	B	-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%
TDY	B	-0.06%
EG	C	-0.06%
LOGI	D	-0.06%
DPZ	C	-0.06%
ULTA	F	-0.06%
NVR	D	-0.06%
VEEV	C	-0.05%
LPLA	A	-0.05%
BTI	B	-0.05%
DINO	D	-0.05%
FICO	B	-0.05%
MT	B	-0.05%
DECK	A	-0.05%
MANH	D	-0.04%
MPWR	F	-0.04%
WDAY	B	-0.04%
EME	C	-0.04%
GGG	B	-0.03%
FDS	B	-0.03%
POOL	C	-0.03%
BKNG	A	-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%
MKTX	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%
PAYC	B	-0.02%
DKS	C	-0.02%
KKR	A	-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%
HII	D	-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%
DELL	C	-0.01%
VST	B	-0.01%
MELI	D	-0.01%
SMCI	F	-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%
CRWD	B	-0.0%
MSTR	C	-0.0%
TYL	B	-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%
TFX	F	-0.0%
OTEX	D	-0.0%
AMH	D	-0.0%
PLTR	B	-0.0%
UHAL	D	-0.0%
ARES	A	-0.0%
FBIN	D	-0.0%