AVLC vs. DGRO ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares Core Dividend Growth ETF (DGRO)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$68.64

Average Daily Volume

19,825

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$63.00

Average Daily Volume

1,550,019

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	DGRO
30 Days	1.67%	-1.39%
60 Days	4.71%	1.42%
90 Days	6.55%	4.00%
12 Months	31.26%	26.29%

354 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in DGRO	Overlap
	A	F	0.06%	0.06%	0.06%
	AAON	B	0.05%	0.01%	0.01%
	AAPL	C	5.24%	2.79%	2.79%
	ABBV	F	0.38%	2.12%	0.38%
	ABT	A	0.2%	0.87%	0.2%
	ACN	C	0.32%	0.74%	0.32%
	ADI	D	0.15%	0.38%	0.15%
	ADM	D	0.11%	0.2%	0.11%
	ADP	B	0.36%	0.56%	0.36%
	AEE	A	0.08%	0.18%	0.08%
	AEP	C	0.14%	0.4%	0.14%
	AES	F	0.06%	0.09%	0.06%
	AFG	A	0.06%	0.05%	0.05%
	AFL	C	0.19%	0.24%	0.19%
	AGCO	F	0.04%	0.02%	0.02%
	AGO	A	0.0%	0.02%	0.0%
	AIT	B	0.05%	0.02%	0.02%
	AIZ	A	0.05%	0.04%	0.04%
	AJG	B	0.05%	0.12%	0.05%
	AL	B	0.01%	0.02%	0.01%
	ALB	B	0.01%	0.05%	0.01%
	ALL	A	0.2%	0.23%	0.2%
	ALLE	D	0.02%	0.04%	0.02%
	AMAT	F	0.36%	0.27%	0.27%
	AME	A	0.05%	0.07%	0.05%
	AMGN	D	0.19%	0.94%	0.19%
	AMP	A	0.26%	0.17%	0.17%
	AON	B	0.1%	0.15%	0.1%
	AOS	F	0.03%	0.03%	0.03%
	APD	A	0.22%	0.41%	0.22%
	APH	B	0.12%	0.14%	0.12%
	ARES	A	0.02%	0.19%	0.02%
	ATO	A	0.05%	0.12%	0.05%
	ATR	B	0.05%	0.03%	0.03%
	AVGO	C	1.11%	2.28%	1.11%
	AVY	D	0.03%	0.06%	0.03%
	AWI	B	0.04%	0.01%	0.01%
	AWK	C	0.03%	0.12%	0.03%
	AXP	B	0.4%	0.41%	0.4%
	AXS	A	0.05%	0.04%	0.04%
	BAC	A	0.42%	1.77%	0.42%
	BAH	D	0.03%	0.06%	0.03%
	BAX	F	0.02%	0.11%	0.02%
	BC	D	0.02%	0.03%	0.02%
	BCC	C	0.03%	0.01%	0.01%
	BCPC	B	0.01%	0.01%	0.01%
	BDX	F	0.05%	0.24%	0.05%
	BK	B	0.18%	0.36%	0.18%
	BLK	B	0.18%	0.82%	0.18%
	BMI	C	0.02%	0.01%	0.01%
	BMY	A	0.18%	1.29%	0.18%
	BOKF	B	0.01%	0.01%	0.01%
	BPOP	C	0.03%	0.04%	0.03%
	BR	B	0.04%	0.09%	0.04%
	BRO	B	0.02%	0.03%	0.02%
	BWXT	A	0.06%	0.03%	0.03%
	C	B	0.23%	1.17%	0.23%
	CADE	B	0.02%	0.02%	0.02%
	CAH	B	0.03%	0.12%	0.03%
	CASY	A	0.08%	0.02%	0.02%
	CAT	C	0.52%	0.72%	0.52%
	CB	C	0.22%	0.32%	0.22%
	CBSH	A	0.04%	0.04%	0.04%
	CBT	C	0.05%	0.02%	0.02%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.01%	0.04%	0.01%
	CFR	B	0.04%	0.07%	0.04%
	CGNX	D	0.01%	0.01%	0.01%
	CHD	A	0.05%	0.07%	0.05%
	CHDN	C	0.02%	0.01%	0.01%
	CHE	F	0.02%	0.01%	0.01%
	CHRW	B	0.03%	0.07%	0.03%
	CINF	A	0.07%	0.13%	0.07%
	CL	D	0.18%	0.33%	0.18%
	CMA	B	0.06%	0.11%	0.06%
	CMCSA	B	0.38%	1.21%	0.38%
	CME	A	0.12%	0.39%	0.12%
	CMI	A	0.21%	0.28%	0.21%
	CMS	C	0.06%	0.14%	0.06%
	COP	B	0.38%	0.91%	0.38%
	COR	B	0.09%	0.08%	0.08%
	COST	A	0.94%	0.47%	0.47%
	CSCO	B	0.3%	1.72%	0.3%
	CSL	C	0.13%	0.05%	0.05%
	CSWI	A	0.02%	0.0%	0.0%
	CSX	C	0.26%	0.23%	0.23%
	CTAS	B	0.12%	0.13%	0.12%
	CTVA	C	0.08%	0.1%	0.08%
	CVX	A	0.64%	2.95%	0.64%
	CW	B	0.03%	0.01%	0.01%
	DCI	B	0.06%	0.03%	0.03%
	DDS	B	0.01%	0.0%	0.0%
	DFS	B	0.08%	0.22%	0.08%
	DG	F	0.06%	0.11%	0.06%
	DGX	A	0.01%	0.08%	0.01%
	DHI	D	0.12%	0.07%	0.07%
	DHR	D	0.13%	0.13%	0.13%
	DKS	D	0.08%	0.06%	0.06%
	DLB	F	0.01%	0.02%	0.01%
	DOV	B	0.03%	0.07%	0.03%
	DPZ	C	0.01%	0.05%	0.01%
	DTE	C	0.07%	0.19%	0.07%
	DUK	C	0.16%	0.71%	0.16%
	EBAY	D	0.14%	0.13%	0.13%
	ECL	D	0.06%	0.13%	0.06%
	ED	C	0.08%	0.24%	0.08%
	EG	D	0.08%	0.08%	0.08%
	EIX	C	0.09%	0.27%	0.09%
	ELV	F	0.13%	0.25%	0.13%
	EMN	D	0.04%	0.09%	0.04%
	EMR	A	0.05%	0.35%	0.05%
	ENSG	D	0.05%	0.0%	0.0%
	EOG	A	0.3%	0.54%	0.3%
	EQH	B	0.09%	0.06%	0.06%
	ERIE	F	0.02%	0.02%	0.02%
	ES	C	0.02%	0.21%	0.02%
	ESNT	D	0.03%	0.03%	0.03%
	ETN	B	0.14%	0.41%	0.14%
	ETR	A	0.12%	0.26%	0.12%
	EVR	B	0.04%	0.03%	0.03%
	EWBC	A	0.08%	0.09%	0.08%
	EXPD	D	0.09%	0.05%	0.05%
	EXPO	D	0.03%	0.01%	0.01%
	FAF	C	0.03%	0.05%	0.03%
	FAST	B	0.2%	0.24%	0.2%
	FBIN	F	0.02%	0.03%	0.02%
	FDS	B	0.04%	0.04%	0.04%
	FFIN	B	0.0%	0.03%	0.0%
	FIS	C	0.06%	0.19%	0.06%
	FIX	A	0.1%	0.01%	0.01%
	FLO	D	0.0%	0.04%	0.0%
	FMC	D	0.04%	0.06%	0.04%
	FNF	A	0.08%	0.12%	0.08%
	G	B	0.03%	0.03%	0.03%
	GBCI	B	0.0%	0.05%	0.0%
	GD	D	0.05%	0.31%	0.05%
	GGG	B	0.05%	0.04%	0.04%
	GILD	C	0.35%	0.96%	0.35%
	GL	C	0.06%	0.02%	0.02%
	GLW	B	0.09%	0.22%	0.09%
	GNTX	F	0.03%	0.03%	0.03%
	GPC	F	0.06%	0.12%	0.06%
	GRMN	B	0.1%	0.12%	0.1%
	GS	B	0.44%	1.12%	0.44%
	GWW	B	0.23%	0.1%	0.1%
	HCA	F	0.05%	0.1%	0.05%
	HD	A	0.58%	2.24%	0.58%
	HEI	A	0.01%	0.0%	0.0%
	HEI	A	0.01%	0.0%	0.0%
	HEI	A	0.01%	0.0%	0.0%
	HEI	A	0.01%	0.0%	0.0%
	HIG	B	0.19%	0.13%	0.13%
	HII	F	0.04%	0.04%	0.04%
	HLI	B	0.02%	0.03%	0.02%
	HLNE	A	0.03%	0.02%	0.02%
	HOMB	A	0.02%	0.04%	0.02%
	HON	B	0.15%	0.72%	0.15%
	HPQ	B	0.05%	0.27%	0.05%
	HRB	D	0.03%	0.04%	0.03%
	HRL	D	0.02%	0.07%	0.02%
	HSY	F	0.09%	0.16%	0.09%
	HUBB	B	0.04%	0.07%	0.04%
	HUM	D	0.05%	0.08%	0.05%
	IBM	C	0.27%	1.37%	0.27%
	ICE	C	0.07%	0.23%	0.07%
	IDA	A	0.01%	0.04%	0.01%
	IEX	B	0.03%	0.06%	0.03%
	INGR	B	0.07%	0.05%	0.05%
	INTU	B	0.27%	0.25%	0.25%
	IPG	F	0.01%	0.1%	0.01%
	IR	B	0.05%	0.01%	0.01%
	ITT	A	0.04%	0.03%	0.03%
	ITW	B	0.12%	0.42%	0.12%
	J	D	0.01%	0.03%	0.01%
	JBHT	C	0.08%	0.04%	0.04%
	JEF	A	0.08%	0.07%	0.07%
	JKHY	D	0.04%	0.04%	0.04%
	JNJ	D	0.58%	2.54%	0.58%
	JPM	A	1.19%	3.24%	1.19%
	K	B	0.03%	0.14%	0.03%
	KLAC	F	0.21%	0.15%	0.15%
	KMB	C	0.14%	0.35%	0.14%
	KNSL	B	0.05%	0.0%	0.0%
	KO	D	0.4%	1.5%	0.4%
	KR	B	0.2%	0.22%	0.2%
	LAD	B	0.03%	0.02%	0.02%
	LANC	D	0.01%	0.02%	0.01%
	LECO	C	0.06%	0.04%	0.04%
	LFUS	D	0.02%	0.02%	0.02%
	LHX	B	0.03%	0.22%	0.03%
	LII	A	0.09%	0.04%	0.04%
	LIN	D	0.21%	0.59%	0.21%
	LLY	F	0.79%	0.81%	0.79%
	LMT	D	0.23%	0.57%	0.23%
	LNT	A	0.04%	0.12%	0.04%
	LOW	C	0.12%	0.65%	0.12%
	LPX	B	0.06%	0.02%	0.02%
	LRCX	F	0.34%	0.22%	0.22%
	LSTR	D	0.04%	0.01%	0.01%
	LW	C	0.02%	0.06%	0.02%
	MA	B	0.66%	0.53%	0.53%
	MAS	D	0.02%	0.06%	0.02%
	MCD	D	0.16%	1.11%	0.16%
	MCHP	F	0.05%	0.18%	0.05%
	MCK	A	0.07%	0.1%	0.07%
	MCO	D	0.1%	0.12%	0.1%
	MDLZ	F	0.09%	0.45%	0.09%
	MDT	D	0.12%	0.79%	0.12%
	MDU	D	0.02%	0.02%	0.02%
	MET	A	0.2%	0.33%	0.2%
	MKC	D	0.01%	0.09%	0.01%
	MKTX	D	0.05%	0.03%	0.03%
	MLM	B	0.14%	0.05%	0.05%
	MMC	D	0.09%	0.36%	0.09%
	MORN	B	0.01%	0.01%	0.01%
	MOS	D	0.05%	0.07%	0.05%
	MPWR	F	0.04%	0.03%	0.03%
	MRK	F	0.32%	1.49%	0.32%
	MS	A	0.35%	1.46%	0.35%
	MSA	D	0.02%	0.02%	0.02%
	MSCI	B	0.05%	0.12%	0.05%
	MSFT	D	4.39%	2.83%	2.83%
	MSI	B	0.23%	0.17%	0.17%
	MTB	A	0.12%	0.27%	0.12%
	MTG	D	0.04%	0.03%	0.03%
	NDAQ	A	0.02%	0.09%	0.02%
	NDSN	D	0.01%	0.04%	0.01%
	NEE	C	0.07%	0.88%	0.07%
	NFG	A	0.01%	0.04%	0.01%
	NI	A	0.02%	0.12%	0.02%
	NKE	F	0.17%	0.39%	0.17%
	NOC	D	0.05%	0.26%	0.05%
	NSC	B	0.22%	0.29%	0.22%
	NTAP	C	0.06%	0.1%	0.06%
	NTRS	A	0.11%	0.17%	0.11%
	NUE	D	0.16%	0.13%	0.13%
	NVT	C	0.02%	0.03%	0.02%
	NXPI	F	0.08%	0.22%	0.08%
	NXST	C	0.01%	0.05%	0.01%
	NYT	D	0.03%	0.02%	0.02%
	OC	A	0.11%	0.06%	0.06%
	ODFL	B	0.14%	0.05%	0.05%
	OLED	F	0.02%	0.01%	0.01%
	OMC	C	0.02%	0.12%	0.02%
	ORCL	A	0.42%	0.68%	0.42%
	ORI	A	0.05%	0.07%	0.05%
	OSK	C	0.02%	0.03%	0.02%
	OTIS	C	0.04%	0.15%	0.04%
	OVV	C	0.08%	0.08%	0.08%
	OZK	B	0.02%	0.05%	0.02%
	PAG	B	0.01%	0.02%	0.01%
	PB	A	0.02%	0.06%	0.02%
	PCAR	C	0.25%	0.17%	0.17%
	PEG	C	0.1%	0.3%	0.1%
	PEP	F	0.27%	1.53%	0.27%
	PFG	C	0.09%	0.17%	0.09%
	PG	C	0.39%	2.11%	0.39%
	PH	B	0.09%	0.23%	0.09%
	PHM	D	0.12%	0.04%	0.04%
	PNC	B	0.22%	0.68%	0.22%
	PNR	B	0.02%	0.04%	0.02%
	PNW	B	0.05%	0.09%	0.05%
	POOL	D	0.07%	0.04%	0.04%
	PPG	F	0.05%	0.14%	0.05%
	PRI	A	0.07%	0.03%	0.03%
	PSX	C	0.19%	0.46%	0.19%
	PWR	A	0.09%	0.02%	0.02%
	QCOM	F	0.48%	0.83%	0.48%
	R	B	0.05%	0.04%	0.04%
	RGA	B	0.08%	0.06%	0.06%
	RGLD	C	0.03%	0.02%	0.02%
	RHI	C	0.05%	0.06%	0.05%
	RJF	A	0.11%	0.11%	0.11%
	RLI	A	0.03%	0.01%	0.01%
	RMD	C	0.07%	0.07%	0.07%
	RNR	C	0.07%	0.02%	0.02%
	ROK	B	0.04%	0.15%	0.04%
	ROP	C	0.09%	0.07%	0.07%
	ROST	D	0.21%	0.1%	0.1%
	RPM	B	0.1%	0.06%	0.06%
	RRX	B	0.01%	0.02%	0.01%
	RS	B	0.07%	0.06%	0.06%
	RSG	A	0.04%	0.1%	0.04%
	RTX	D	0.16%	0.76%	0.16%
	SBUX	A	0.09%	0.59%	0.09%
	SCI	A	0.03%	0.04%	0.03%
	SEIC	B	0.03%	0.03%	0.03%
	SF	B	0.04%	0.05%	0.04%
	SHW	C	0.14%	0.16%	0.14%
	SIGI	B	0.02%	0.02%	0.02%
	SIRI	D	0.0%	0.01%	0.0%
	SJM	D	0.01%	0.1%	0.01%
	SLGN	A	0.0%	0.02%	0.0%
	SNA	B	0.08%	0.12%	0.08%
	SNX	D	0.04%	0.02%	0.02%
	SO	C	0.13%	0.71%	0.13%
	SON	F	0.02%	0.04%	0.02%
	SPGI	D	0.09%	0.25%	0.09%
	SRE	A	0.07%	0.4%	0.07%
	SSB	B	0.03%	0.04%	0.03%
	SSD	D	0.04%	0.01%	0.01%
	SSNC	C	0.01%	0.05%	0.01%
	STE	D	0.04%	0.04%	0.04%
	STLD	B	0.12%	0.08%	0.08%
	STT	B	0.1%	0.22%	0.1%
	STZ	D	0.05%	0.14%	0.05%
	SWK	F	0.02%	0.1%	0.02%
	SWKS	F	0.07%	0.08%	0.07%
	SYF	B	0.15%	0.13%	0.13%
	SYK	A	0.12%	0.28%	0.12%
	SYY	D	0.07%	0.23%	0.07%
	TGT	B	0.29%	0.49%	0.29%
	THO	C	0.01%	0.02%	0.01%
	TKR	F	0.03%	0.02%	0.02%
	TMO	F	0.15%	0.11%	0.11%
	TPL	A	0.13%	0.04%	0.04%
	TRV	A	0.26%	0.25%	0.25%
	TSCO	D	0.17%	0.11%	0.11%
	TT	A	0.14%	0.2%	0.14%
	TTC	F	0.03%	0.03%	0.03%
	TTEK	F	0.01%	0.01%	0.01%
	TXRH	B	0.09%	0.05%	0.05%
	UFPI	C	0.05%	0.02%	0.02%
	UNH	C	0.36%	1.77%	0.36%
	UNM	A	0.06%	0.08%	0.06%
	UNP	D	0.47%	0.71%	0.47%
	UPS	C	0.19%	1.13%	0.19%
	V	A	0.59%	0.86%	0.59%
	VMC	B	0.05%	0.07%	0.05%
	VOYA	B	0.03%	0.05%	0.03%
	VRSK	B	0.12%	0.05%	0.05%
	VST	A	0.13%	0.11%	0.11%
	WAL	B	0.06%	0.04%	0.04%
	WEC	A	0.04%	0.25%	0.04%
	WING	D	0.01%	0.01%	0.01%
	WLK	F	0.02%	0.02%	0.02%
	WM	B	0.13%	0.26%	0.13%
	WMS	F	0.06%	0.01%	0.01%
	WMT	A	0.64%	0.88%	0.64%
	WRB	B	0.07%	0.02%	0.02%
	WSM	D	0.11%	0.06%	0.06%
	WSO	A	0.05%	0.1%	0.05%
	WST	D	0.05%	0.01%	0.01%
	WTFC	B	0.05%	0.04%	0.04%
	WTRG	B	0.01%	0.07%	0.01%
	WTS	B	0.01%	0.01%	0.01%
	WTW	B	0.02%	0.09%	0.02%
	XEL	A	0.11%	0.3%	0.11%
	XOM	B	1.04%	3.04%	1.04%
	XRAY	D	0.0%	0.02%	0.0%
	XYL	D	0.04%	0.07%	0.04%
	YUM	D	0.04%	0.17%	0.04%
	ZION	B	0.05%	0.07%	0.05%
	ZTS	D	0.2%	0.17%	0.17%

AVLC Overweight 624 Positions Relative to DGRO

	Symbol	Grade	Weight
	NVDA	A	4.82%
	AMZN	B	3.03%
	META	C	2.26%
	GOOGL	B	1.57%
	GOOG	B	1.3%
	TSLA	A	0.78%
	BRK.A	B	0.67%
	WFC	A	0.55%
	NFLX	A	0.48%
	PGR	B	0.46%
	VZ	C	0.45%
	CRM	B	0.44%
	TJX	A	0.44%
	T	A	0.42%
	MELI	D	0.39%
	ADBE	D	0.33%
	PYPL	B	0.32%
	GM	B	0.31%
	TMUS	B	0.31%
	AMD	F	0.31%
	NOW	B	0.3%
	DE	C	0.3%
	WMB	A	0.29%
	RCL	A	0.28%
	TRGP	A	0.27%
	FDX	B	0.26%
	TXN	C	0.26%
	VRTX	D	0.25%
	COF	B	0.23%
	FTNT	B	0.23%
	USB	B	0.23%
	LNG	A	0.23%
	DAL	A	0.23%
	CMG	C	0.23%
	MPC	D	0.22%
	SCHW	A	0.21%
	GE	D	0.2%
	F	C	0.2%
	URI	B	0.2%
	OKE	A	0.2%
	AIG	C	0.2%
	MMM	D	0.19%
	PANW	B	0.19%
	TFC	A	0.19%
	HES	B	0.19%
	UAL	A	0.19%
	PLTR	A	0.18%
	ISRG	A	0.18%
	PM	A	0.18%
	DIS	B	0.18%
	PRU	B	0.18%
	FCX	F	0.18%
	BKR	B	0.18%
	PAYX	B	0.17%
	VLO	C	0.17%
	LEN	D	0.17%
	MU	D	0.17%
	FANG	D	0.17%
	INTC	C	0.16%
	DECK	A	0.16%
	APP	A	0.16%
	APO	A	0.16%
	ACGL	D	0.15%
	OXY	F	0.15%
	PFE	F	0.15%
	KKR	A	0.15%
	LULU	C	0.15%
	ANET	C	0.15%
	REGN	F	0.14%
	FITB	B	0.14%
	DOW	F	0.14%
	DVN	F	0.14%
	EME	A	0.14%
	CTSH	C	0.13%
	IP	A	0.13%
	VRT	A	0.13%
	CCL	A	0.13%
	HAL	C	0.13%
	BKNG	A	0.13%
	PCG	A	0.13%
	GEV	A	0.13%
	SNPS	C	0.12%
	BBY	D	0.12%
	CDNS	B	0.12%
	SFM	A	0.12%
	FCNCA	A	0.12%
	MKL	A	0.12%
	CPNG	D	0.12%
	PKG	B	0.12%
	BSX	A	0.12%
	ON	F	0.12%
	HBAN	B	0.11%
	ULTA	F	0.11%
	BX	A	0.11%
	MRVL	B	0.11%
	MRO	A	0.11%
	IDXX	F	0.11%
	CRWD	B	0.11%
	LYB	F	0.11%
	EQT	A	0.11%
	BURL	A	0.11%
	CEG	C	0.11%
	DRI	C	0.1%
	CPRT	B	0.1%
	TROW	B	0.1%
	FLEX	B	0.1%
	SW	A	0.1%
	LPLA	A	0.1%
	CTRA	B	0.1%
	UTHR	C	0.1%
	JBL	C	0.1%
	NVR	D	0.1%
	KMI	A	0.1%
	EXC	C	0.1%
	FSLR	F	0.1%
	MSTR	A	0.09%
	MO	A	0.09%
	VTRS	A	0.09%
	LVS	B	0.09%
	CVNA	A	0.09%
	SLB	C	0.09%
	IT	C	0.09%
	UBER	F	0.09%
	ADSK	B	0.09%
	CF	A	0.09%
	CNC	F	0.08%
	EW	C	0.08%
	BG	D	0.08%
	GDDY	A	0.08%
	LUV	B	0.08%
	BJ	B	0.08%
	FICO	B	0.08%
	RF	A	0.08%
	WDAY	C	0.08%
	TPR	B	0.08%
	COIN	A	0.08%
	HPE	B	0.08%
	FTI	A	0.08%
	NCLH	B	0.08%
	CFG	B	0.08%
	SQ	A	0.07%
	L	A	0.07%
	WCC	B	0.07%
	MOH	F	0.07%
	PAYC	B	0.07%
	ORLY	B	0.07%
	SAIA	C	0.07%
	JXN	C	0.07%
	DLTR	F	0.07%
	ABNB	D	0.07%
	MLI	B	0.07%
	SPOT	B	0.07%
	TOL	B	0.07%
	CI	D	0.07%
	PPL	A	0.07%
	MUSA	B	0.07%
	FI	A	0.07%
	BLDR	D	0.07%
	TDG	D	0.07%
	EXP	B	0.07%
	ALLY	C	0.06%
	PR	B	0.06%
	VLTO	C	0.06%
	COKE	C	0.06%
	KVUE	A	0.06%
	UHS	D	0.06%
	IFF	D	0.06%
	ATI	C	0.06%
	BA	D	0.06%
	CARR	D	0.06%
	MANH	D	0.06%
	GNRC	B	0.06%
	GPK	D	0.06%
	CLX	A	0.06%
	PFGC	B	0.06%
	EA	A	0.06%
	ANF	C	0.06%
	DASH	A	0.06%
	KEYS	C	0.06%
	DD	D	0.06%
	CBRE	B	0.06%
	BALL	D	0.06%
	VMI	B	0.05%
	AZO	C	0.05%
	CROX	F	0.05%
	ZM	B	0.05%
	CVS	F	0.05%
	TAP	B	0.05%
	TSN	B	0.05%
	WFRD	F	0.05%
	FOXA	B	0.05%
	KDP	D	0.05%
	SKX	F	0.05%
	JLL	D	0.05%
	DXCM	C	0.05%
	KHC	F	0.05%
	WBS	A	0.05%
	ZBH	C	0.05%
	ARW	F	0.05%
	MTDR	C	0.05%
	D	C	0.05%
	TER	F	0.05%
	SNOW	C	0.05%
	KMX	C	0.05%
	BWA	D	0.05%
	ALV	C	0.05%
	AXON	A	0.05%
	HUBS	B	0.05%
	DDOG	A	0.05%
	EVRG	A	0.05%
	TXT	D	0.05%
	CHRD	F	0.05%
	VEEV	C	0.05%
	WAT	C	0.05%
	MAR	B	0.05%
	LNTH	F	0.05%
	FYBR	C	0.05%
	HWM	A	0.05%
	DOCU	B	0.05%
	FND	F	0.05%
	CRBG	B	0.05%
	TEAM	A	0.05%
	NRG	B	0.05%
	HOOD	A	0.05%
	TTD	B	0.05%
	DELL	B	0.05%
	HLT	A	0.05%
	CHTR	B	0.05%
	KEY	B	0.05%
	RL	C	0.05%
	ALNY	D	0.04%
	DTM	A	0.04%
	TWLO	A	0.04%
	KNX	B	0.04%
	KEX	B	0.04%
	NBIX	C	0.04%
	ILMN	C	0.04%
	NSIT	F	0.04%
	PSTG	F	0.04%
	JCI	B	0.04%
	XPO	B	0.04%
	IQV	F	0.04%
	DINO	D	0.04%
	FN	B	0.04%
	LH	B	0.04%
	CMC	B	0.04%
	CPAY	A	0.04%
	NET	B	0.04%
	CRUS	F	0.04%
	ALGN	D	0.04%
	APTV	F	0.04%
	TYL	B	0.04%
	OGE	A	0.04%
	WCN	A	0.04%
	TREX	D	0.04%
	KBH	D	0.04%
	KD	A	0.04%
	CSGP	F	0.04%
	AXTA	B	0.04%
	SOFI	A	0.04%
	RRC	B	0.04%
	CLH	C	0.04%
	JAZZ	C	0.04%
	CRS	A	0.04%
	FHN	A	0.04%
	WAB	B	0.04%
	ANSS	B	0.04%
	GAP	D	0.04%
	EPAM	C	0.04%
	AYI	B	0.04%
	CHX	C	0.04%
	OMF	A	0.04%
	EXPE	B	0.04%
	MHK	D	0.04%
	DOX	D	0.03%
	MEDP	D	0.03%
	LDOS	C	0.03%
	GWRE	A	0.03%
	IBKR	A	0.03%
	COHR	B	0.03%
	MOD	A	0.03%
	IBP	F	0.03%
	BLD	F	0.03%
	MRNA	F	0.03%
	GMED	A	0.03%
	DY	C	0.03%
	ENLC	A	0.03%
	UHAL	D	0.03%
	GME	C	0.03%
	NWSA	B	0.03%
	FFIV	B	0.03%
	X	C	0.03%
	ROL	B	0.03%
	AFRM	A	0.03%
	HALO	F	0.03%
	BIIB	F	0.03%
	OLN	F	0.03%
	PEGA	B	0.03%
	ZS	B	0.03%
	CTLT	D	0.03%
	ZBRA	B	0.03%
	MTZ	A	0.03%
	MDB	C	0.03%
	PODD	B	0.03%
	WWD	B	0.03%
	NU	C	0.03%
	BMRN	F	0.03%
	STX	D	0.03%
	CBOE	C	0.03%
	MTD	F	0.03%
	WDC	F	0.03%
	MUR	F	0.03%
	AM	A	0.03%
	PVH	C	0.03%
	AKAM	F	0.03%
	HOLX	D	0.03%
	EHC	B	0.03%
	EXEL	B	0.03%
	TTWO	A	0.03%
	RIVN	F	0.03%
	GEHC	D	0.03%
	INCY	C	0.03%
	MAT	D	0.03%
	AA	A	0.03%
	GIS	F	0.03%
	PTC	B	0.03%
	ALK	A	0.03%
	VFC	C	0.03%
	TDY	B	0.03%
	CIEN	B	0.03%
	WBD	B	0.03%
	CIVI	D	0.03%
	APA	F	0.03%
	AR	B	0.03%
	MNST	C	0.03%
	PNFP	B	0.03%
	LEA	F	0.03%
	CLF	F	0.03%
	CVLT	B	0.03%
	SNV	B	0.03%
	ONB	B	0.03%
	PCTY	B	0.02%
	EXLS	B	0.02%
	LNW	F	0.02%
	ROIV	D	0.02%
	INSM	C	0.02%
	FRPT	A	0.02%
	RBC	A	0.02%
	TRU	D	0.02%
	PPC	B	0.02%
	CHH	A	0.02%
	QRVO	F	0.02%
	OKTA	D	0.02%
	ARMK	C	0.02%
	FCN	F	0.02%
	AZN	F	0.02%
	ALSN	B	0.02%
	FSS	B	0.02%
	ROKU	D	0.02%
	ONTO	F	0.02%
	CNM	C	0.02%
	NOV	D	0.02%
	HAS	D	0.02%
	DAR	B	0.02%
	BRKR	F	0.02%
	FLR	B	0.02%
	GLOB	C	0.02%
	JHG	B	0.02%
	FE	C	0.02%
	OLLI	D	0.02%
	Z	A	0.02%
	LYV	A	0.02%
	MMSI	A	0.02%
	AMCR	D	0.02%
	MOG.A	B	0.02%
	FLS	A	0.02%
	DOCS	C	0.02%
	TOST	A	0.02%
	TECH	F	0.02%
	SWX	A	0.02%
	CCK	D	0.02%
	VRSN	F	0.02%
	EFX	F	0.02%
	MTH	D	0.02%
	SN	D	0.02%
	EL	F	0.02%
	DT	C	0.02%
	CNP	A	0.02%
	COOP	B	0.02%
	CG	B	0.02%
	NEM	D	0.02%
	ENTG	F	0.02%
	PINS	F	0.02%
	FOX	A	0.02%
	M	D	0.02%
	HESM	A	0.02%
	MGY	A	0.02%
	PCVX	D	0.02%
	NTRA	A	0.02%
	JNPR	D	0.02%
	QLYS	C	0.02%
	TW	A	0.02%
	IVZ	C	0.02%
	RVTY	D	0.02%
	THC	C	0.02%
	TMHC	B	0.02%
	AMKR	F	0.02%
	RVMD	B	0.02%
	MASI	B	0.02%
	LBRDK	C	0.02%
	TRMB	B	0.02%
	TPX	B	0.02%
	ACM	B	0.02%
	RPRX	F	0.02%
	TFX	F	0.02%
	NTNX	B	0.02%
	SATS	C	0.02%
	GFS	C	0.01%
	SNAP	D	0.01%
	LYFT	C	0.01%
	SEE	D	0.01%
	RMBS	C	0.01%
	ELF	C	0.01%
	FLUT	A	0.01%
	H	B	0.01%
	NEU	D	0.01%
	SMMT	D	0.01%
	IONS	F	0.01%
	ADTN	A	0.01%
	PI	D	0.01%
	ZG	A	0.01%
	BBWI	C	0.01%
	CFLT	B	0.01%
	TNET	F	0.01%
	CYTK	D	0.01%
	CHWY	B	0.01%
	LCID	F	0.01%
	AAL	B	0.01%
	GTLS	A	0.01%
	U	F	0.01%
	CWEN	C	0.01%
	TDW	F	0.01%
	EXAS	D	0.01%
	RGEN	F	0.01%
	LEN	D	0.01%
	VAL	F	0.01%
	NOVT	D	0.01%
	VERX	A	0.01%
	SUM	B	0.01%
	ALTR	B	0.01%
	WYNN	D	0.01%
	CACC	F	0.01%
	PEN	B	0.01%
	CAG	F	0.01%
	CPB	D	0.01%
	DKNG	B	0.01%
	GXO	B	0.01%
	HQY	A	0.01%
	PATH	C	0.01%
	AVAV	C	0.01%
	NWS	A	0.01%
	HXL	F	0.01%
	ESAB	C	0.01%
	BRBR	A	0.01%
	PCOR	C	0.01%
	NPAB	F	0.01%
	ACHC	F	0.01%
	PSN	C	0.01%
	FOUR	A	0.01%
	GTLB	B	0.01%
	HSIC	C	0.01%
	BROS	A	0.01%
	MTN	C	0.01%
	SOLV	F	0.01%
	MKSI	C	0.01%
	KRYS	C	0.01%
	AGR	A	0.01%
	BILL	B	0.01%
	CWAN	B	0.01%
	RRR	F	0.01%
	LSCC	D	0.01%
	ESTC	C	0.01%
	UI	A	0.01%
	CWST	A	0.01%
	DBX	C	0.01%
	VRNS	D	0.01%
	LKQ	F	0.01%
	DUOL	A	0.01%
	MTCH	F	0.01%
	ATKR	D	0.01%
	BSY	D	0.01%
	BECN	B	0.01%
	VNT	C	0.01%
	CACI	C	0.01%
	USFD	A	0.01%
	APPF	C	0.01%
	AVTR	F	0.01%
	PARA	D	0.01%
	MARA	C	0.01%
	OGN	F	0.01%
	GPN	C	0.01%
	RYAN	B	0.01%
	SRPT	F	0.01%
	RBLX	B	0.01%
	BERY	D	0.01%
	MTSI	B	0.01%
	KBR	F	0.01%
	XP	F	0.01%
	LEVI	F	0.01%
	WEX	F	0.01%
	CRL	D	0.01%
	MGM	D	0.01%
	BEN	C	0.01%
	AZEK	B	0.01%
	MIDD	D	0.01%
	ENPH	F	0.01%
	LUMN	C	0.01%
	AN	D	0.01%
	BYD	B	0.01%
	VVV	D	0.01%
	SPSC	F	0.01%
	BIO	C	0.01%
	SMAR	A	0.01%
	PLNT	A	0.01%
	ZWS	B	0.01%
	LNC	B	0.01%
	MDGL	C	0.01%
	WSC	F	0.01%
	GKOS	A	0.01%
	PFSI	C	0.01%
	SITE	D	0.01%
	DVA	C	0.01%
	IOT	A	0.01%
	VKTX	F	0.01%
	PBF	D	0.01%
	FTV	D	0.01%
	ELAN	D	0.01%
	FIVE	F	0.01%
	SM	C	0.01%
	SMCI	F	0.01%
	CR	A	0.01%
	WH	B	0.01%
	ITCI	B	0.01%
	AUR	C	0.01%
	CELH	F	0.01%
	S	B	0.01%
	NVST	C	0.0%
	TPG	A	0.0%
	CRSP	D	0.0%
	WOLF	F	0.0%
	WHR	B	0.0%
	RARE	F	0.0%
	AGL	F	0.0%
	EMBC	D	0.0%
	KLG	D	0.0%
	HIMS	C	0.0%
	SEDG	F	0.0%
	COTY	F	0.0%
	FG	B	0.0%
	CNXC	F	0.0%
	IMVT	F	0.0%
	DXC	D	0.0%
	RNA	C	0.0%
	SPB	C	0.0%
	TXG	F	0.0%
	WBA	F	0.0%
	SAM	C	0.0%
	UGI	C	0.0%
	BRZE	C	0.0%
	CRVL	A	0.0%
	BBIO	F	0.0%
	UHAL	D	0.0%
	APLS	F	0.0%
	IPGP	D	0.0%
	INFA	D	0.0%
	FNB	B	0.0%
	PLUG	F	0.0%
	ZI	D	0.0%
	ALKS	C	0.0%
	FIZZ	C	0.0%
	CWEN	C	0.0%
	TDC	D	0.0%
	RDN	D	0.0%
	HCP	B	0.0%
	CAR	C	0.0%
	EEFT	C	0.0%
	HRI	C	0.0%
	SNDR	B	0.0%
	WK	C	0.0%
	TENB	D	0.0%
	ALIT	C	0.0%
	FRHC	A	0.0%
	ST	F	0.0%
	LBRDA	C	0.0%
	OPCH	F	0.0%
	W	D	0.0%
	NFE	F	0.0%
	BIRK	D	0.0%
	OWL	A	0.0%
	INSP	F	0.0%
	ESI	B	0.0%
	CRDO	B	0.0%
	CZR	F	0.0%
	MMS	D	0.0%
	AMG	C	0.0%
	COLB	B	0.0%
	POST	C	0.0%
	ACT	D	0.0%
	ETSY	D	0.0%
	BFAM	F	0.0%
	REYN	D	0.0%
	CNA	C	0.0%
	NUVL	D	0.0%
	DAY	B	0.0%
	RDDT	A	0.0%
	TMDX	F	0.0%
	SAIC	F	0.0%
	ALGM	F	0.0%
	ZETA	D	0.0%
	RBRK	A	0.0%
	RH	D	0.0%
	TKO	A	0.0%
	APG	C	0.0%
	BPMC	C	0.0%

AVLC Underweight 60 Positions Relative to DGRO

	Symbol	Grade	Weight
	TEL	C	-0.19%
	FERG	C	-0.16%
	POR	C	-0.05%
	MSM	D	-0.04%
	TXNM	A	-0.04%
	NJR	A	-0.04%
	SR	A	-0.04%
	LCII	D	-0.03%
	UCB	A	-0.03%
	CATY	B	-0.03%
	AVT	C	-0.03%
	PII	F	-0.03%
	MAN	F	-0.03%
	THG	A	-0.03%
	KTB	A	-0.03%
	OGS	A	-0.03%
	PRGO	C	-0.03%
	ASH	F	-0.02%
	AWR	A	-0.02%
	NSP	F	-0.02%
	HI	C	-0.02%
	MGEE	A	-0.02%
	SFBS	B	-0.02%
	OTTR	C	-0.02%
	UMBF	B	-0.02%
	CNO	B	-0.02%
	CRI	F	-0.02%
	WD	D	-0.02%
	GATX	B	-0.02%
	FBP	B	-0.02%
	AVNT	B	-0.02%
	AMTM	F	-0.01%
	KWR	D	-0.01%
	GOLF	B	-0.01%
	AIN	C	-0.01%
	GPI	B	-0.01%
	BRC	C	-0.01%
	COLM	B	-0.01%
	IOSP	C	-0.01%
	WHD	B	-0.01%
	FELE	B	-0.01%
	FUL	F	-0.01%
	BANF	B	-0.01%
	POWI	D	-0.01%
	JJSF	C	-0.01%
	TEX	D	-0.01%
	ECG	C	-0.01%
	MGRC	B	-0.01%
	RUSHA	B	-0.01%
	FCFS	F	-0.01%
	WDFC	B	-0.01%
	SHOO	D	-0.01%
	IPAR	C	-0.01%
	MATX	B	-0.01%
	ABM	B	-0.01%
	CWT	C	-0.01%
	RUSHB	B	-0.0%
	NNI	D	-0.0%
	WOR	F	-0.0%
	KAI	B	-0.0%

AVLC: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor Dow Jones Component IBD 50 Insurance Products Biotechnology Building Materials

DGRO: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Specialty Chemicals Business Services Capital Markets Insurance - Property & Casualty Asset Management Packaged Foods Building Materials Semiconductors Aerospace & Defense Credit Services Drug Manufacturers - Major Insurance - Life Insurance Brokers Medical Instruments & Supplies Restaurants Tools & Accessories Utilities - Diversified

Keywords: S&P 500 Insurance Natural Gas Nasdaq 100 Chemical Electronics Banking Bank Electricity Mining Dow Jones Component Insurance Products Aerospace Plastic Investment Bank Beverage Commercial Banking Financial Products Building Materials Disability