AVLC vs. DIVB ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares U.S. Dividend and Buyback ETF (DIVB)

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

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$49.35

Average Daily Volume

83,314

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	DIVB
30 Days	1.67%	-0.78%
60 Days	4.71%	3.24%
90 Days	6.55%	6.04%
12 Months	31.26%	32.45%

299 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in DIVB	Overlap
ABBV	F	0.38%	1.1%	0.38%
ABT	A	0.2%	0.52%	0.2%
ACN	C	0.32%	3.56%	0.32%
ACT	D	0.0%	0.0%	0.0%
ADP	B	0.36%	0.38%	0.36%
AEE	A	0.08%	0.04%	0.04%
AEP	C	0.14%	0.1%	0.1%
AES	F	0.06%	0.04%	0.04%
AFG	A	0.06%	0.03%	0.03%
AFL	C	0.19%	0.38%	0.19%
AGO	A	0.0%	0.05%	0.0%
AGR	A	0.01%	0.01%	0.01%
AIG	C	0.2%	0.57%	0.2%
AIZ	A	0.05%	0.04%	0.04%
ALL	A	0.2%	0.19%	0.19%
ALLY	C	0.06%	0.07%	0.06%
ALV	C	0.05%	0.05%	0.05%
AM	A	0.03%	0.03%	0.03%
AMCR	D	0.02%	0.1%	0.02%
AMGN	D	0.19%	0.43%	0.19%
AMP	A	0.26%	0.37%	0.26%
AOS	F	0.03%	0.05%	0.03%
APA	F	0.03%	0.08%	0.03%
APD	A	0.22%	0.18%	0.18%
ARES	A	0.02%	0.06%	0.02%
AWK	C	0.03%	0.05%	0.03%
AXS	A	0.05%	0.02%	0.02%
BAC	A	0.42%	1.46%	0.42%
BAX	F	0.02%	0.05%	0.02%
BBY	D	0.12%	0.11%	0.11%
BC	D	0.02%	0.05%	0.02%
BEN	C	0.01%	0.05%	0.01%
BERY	D	0.01%	0.05%	0.01%
BG	D	0.08%	0.08%	0.08%
BK	B	0.18%	0.4%	0.18%
BKR	B	0.18%	0.15%	0.15%
BLK	B	0.18%	0.63%	0.18%
BMY	A	0.18%	1.09%	0.18%
BOKF	B	0.01%	0.02%	0.01%
BPOP	C	0.03%	0.03%	0.03%
BX	A	0.11%	0.4%	0.11%
BYD	B	0.01%	0.05%	0.01%
C	B	0.23%	0.67%	0.23%
CADE	B	0.02%	0.0%	0.0%
CAG	F	0.01%	0.06%	0.01%
CAH	B	0.03%	0.2%	0.03%
CAT	C	0.52%	1.1%	0.52%
CBSH	A	0.04%	0.03%	0.03%
CF	A	0.09%	0.15%	0.09%
CFG	B	0.08%	0.19%	0.08%
CFR	B	0.04%	0.04%	0.04%
CG	B	0.02%	0.07%	0.02%
CHH	A	0.02%	0.04%	0.02%
CHRD	F	0.05%	0.07%	0.05%
CHRW	B	0.03%	0.09%	0.03%
CI	D	0.07%	0.68%	0.07%
CINF	A	0.07%	0.08%	0.07%
CIVI	D	0.03%	0.04%	0.03%
CL	D	0.18%	0.26%	0.18%
CLX	A	0.06%	0.06%	0.06%
CMA	B	0.06%	0.05%	0.05%
CME	A	0.12%	0.34%	0.12%
CMI	A	0.21%	0.12%	0.12%
CMS	C	0.06%	0.03%	0.03%
CNP	A	0.02%	0.06%	0.02%
CNXC	F	0.0%	0.04%	0.0%
COF	B	0.23%	0.2%	0.2%
COLB	B	0.0%	0.04%	0.0%
COP	B	0.38%	0.85%	0.38%
CPB	D	0.01%	0.03%	0.01%
CSCO	B	0.3%	5.42%	0.3%
CSX	C	0.26%	0.45%	0.26%
CTRA	B	0.1%	0.12%	0.1%
CTSH	C	0.13%	0.89%	0.13%
CVS	F	0.05%	0.65%	0.05%
CVX	A	0.64%	2.17%	0.64%
CWEN	C	0.01%	0.01%	0.01%
CWEN	C	0.0%	0.01%	0.0%
CWEN	C	0.01%	0.01%	0.01%
CWEN	C	0.0%	0.01%	0.0%
D	C	0.05%	0.13%	0.05%
DE	C	0.3%	0.69%	0.3%
DFS	B	0.08%	0.3%	0.08%
DG	F	0.06%	0.13%	0.06%
DGX	A	0.01%	0.08%	0.01%
DKS	D	0.08%	0.07%	0.07%
DLB	F	0.01%	0.03%	0.01%
DOW	F	0.14%	0.25%	0.14%
DRI	C	0.1%	0.11%	0.1%
DTE	C	0.07%	0.02%	0.02%
DTM	A	0.04%	0.03%	0.03%
DUK	C	0.16%	0.31%	0.16%
DVN	F	0.14%	0.16%	0.14%
EBAY	D	0.14%	0.23%	0.14%
ED	C	0.08%	0.15%	0.08%
EIX	C	0.09%	0.12%	0.09%
EL	F	0.02%	0.06%	0.02%
EMN	D	0.04%	0.07%	0.04%
EMR	A	0.05%	0.33%	0.05%
EOG	A	0.3%	0.29%	0.29%
EQH	B	0.09%	0.02%	0.02%
ES	C	0.02%	0.08%	0.02%
ESNT	D	0.03%	0.02%	0.02%
ETR	A	0.12%	0.05%	0.05%
EVR	B	0.04%	0.07%	0.04%
EVRG	A	0.05%	0.06%	0.05%
EWBC	A	0.08%	0.06%	0.06%
EXC	C	0.1%	0.15%	0.1%
EXPD	D	0.09%	0.16%	0.09%
F	C	0.2%	0.31%	0.2%
FAF	C	0.03%	0.04%	0.03%
FANG	D	0.17%	0.23%	0.17%
FAST	B	0.2%	0.12%	0.12%
FDX	B	0.26%	0.3%	0.26%
FE	D	0.02%	0.08%	0.02%
FFIN	B	0.0%	0.01%	0.0%
FHN	A	0.04%	0.07%	0.04%
FIS	C	0.06%	1.88%	0.06%
FITB	B	0.14%	0.14%	0.14%
FLO	D	0.0%	0.02%	0.0%
FMC	D	0.04%	0.03%	0.03%
FNB	B	0.0%	0.02%	0.0%
FNF	A	0.08%	0.06%	0.06%
G	B	0.03%	0.16%	0.03%
GAP	D	0.04%	0.02%	0.02%
GBCI	B	0.0%	0.02%	0.0%
GILD	B	0.35%	0.55%	0.35%
GIS	F	0.03%	0.27%	0.03%
GLW	B	0.09%	0.53%	0.09%
GPC	F	0.06%	0.07%	0.06%
GPN	C	0.01%	0.19%	0.01%
GS	B	0.44%	1.36%	0.44%
HAS	D	0.02%	0.04%	0.02%
HBAN	B	0.11%	0.12%	0.11%
HD	A	0.58%	1.57%	0.58%
HIG	B	0.19%	0.21%	0.19%
HII	F	0.04%	0.02%	0.02%
HOMB	A	0.02%	0.03%	0.02%
HON	A	0.15%	0.66%	0.15%
HPE	B	0.08%	0.74%	0.08%
HPQ	B	0.05%	1.24%	0.05%
HRB	D	0.03%	0.06%	0.03%
HRI	C	0.0%	0.03%	0.0%
HRL	D	0.02%	0.03%	0.02%
HSY	F	0.09%	0.11%	0.09%
IBM	C	0.27%	3.51%	0.27%
IDA	A	0.01%	0.02%	0.01%
IFF	D	0.06%	0.05%	0.05%
INGR	B	0.07%	0.03%	0.03%
IP	A	0.13%	0.12%	0.12%
IPG	F	0.01%	0.11%	0.01%
ITW	B	0.12%	0.36%	0.12%
IVZ	C	0.02%	0.04%	0.02%
JCI	B	0.04%	0.21%	0.04%
JEF	A	0.08%	0.04%	0.04%
JHG	B	0.02%	0.04%	0.02%
JNJ	D	0.58%	1.37%	0.58%
JNPR	D	0.02%	0.26%	0.02%
JPM	A	1.19%	2.66%	1.19%
K	B	0.03%	0.06%	0.03%
KBH	D	0.04%	0.03%	0.03%
KDP	D	0.05%	0.16%	0.05%
KEY	B	0.05%	0.1%	0.05%
KHC	F	0.05%	0.16%	0.05%
KMB	C	0.14%	0.18%	0.14%
KMI	A	0.1%	0.25%	0.1%
KO	D	0.4%	0.75%	0.4%
KR	B	0.2%	0.1%	0.1%
LEA	F	0.03%	0.04%	0.03%
LH	B	0.04%	0.13%	0.04%
LHX	B	0.03%	0.16%	0.03%
LKQ	F	0.01%	0.07%	0.01%
LMT	D	0.23%	0.83%	0.23%
LNT	A	0.04%	0.04%	0.04%
LOW	C	0.12%	1.06%	0.12%
LPX	A	0.06%	0.03%	0.03%
LUV	B	0.08%	0.05%	0.05%
LYB	F	0.11%	0.14%	0.11%
M	D	0.02%	0.02%	0.02%
MAS	D	0.02%	0.06%	0.02%
MCD	D	0.16%	0.82%	0.16%
MCHP	F	0.05%	0.8%	0.05%
MDLZ	F	0.09%	0.35%	0.09%
MDT	D	0.12%	0.55%	0.12%
MDU	D	0.02%	0.01%	0.01%
MET	A	0.2%	0.46%	0.2%
MGY	A	0.02%	0.03%	0.02%
MKC	D	0.01%	0.04%	0.01%
MMM	D	0.19%	0.31%	0.19%
MRK	F	0.32%	0.75%	0.32%
MRO	A	0.11%	0.14%	0.11%
MS	A	0.35%	1.36%	0.35%
MTB	A	0.12%	0.24%	0.12%
MTG	D	0.04%	0.05%	0.04%
MUR	F	0.03%	0.02%	0.02%
NEE	C	0.07%	0.11%	0.07%
NEM	D	0.02%	0.13%	0.02%
NEU	D	0.01%	0.01%	0.01%
NFG	A	0.01%	0.02%	0.01%
NI	A	0.02%	0.04%	0.02%
NKE	F	0.17%	0.65%	0.17%
NOC	D	0.05%	0.31%	0.05%
NRG	B	0.05%	0.13%	0.05%
NSC	B	0.22%	0.25%	0.22%
NTAP	C	0.06%	0.73%	0.06%
NTRS	A	0.11%	0.13%	0.11%
NUE	D	0.16%	0.28%	0.16%
OGE	A	0.04%	0.04%	0.04%
OGN	F	0.01%	0.02%	0.01%
OKE	A	0.2%	0.21%	0.2%
OMC	C	0.02%	0.16%	0.02%
OMF	A	0.04%	0.07%	0.04%
ONB	B	0.03%	0.03%	0.03%
ORI	A	0.05%	0.1%	0.05%
OVV	C	0.08%	0.09%	0.08%
OWL	A	0.0%	0.05%	0.0%
OZK	B	0.02%	0.04%	0.02%
PAG	B	0.01%	0.03%	0.01%
PAYX	B	0.17%	0.14%	0.14%
PB	A	0.02%	0.03%	0.02%
PBF	D	0.01%	0.04%	0.01%
PEG	C	0.1%	0.13%	0.1%
PEP	F	0.27%	0.78%	0.27%
PFE	F	0.15%	0.84%	0.15%
PFG	C	0.09%	0.17%	0.09%
PG	C	0.39%	1.5%	0.39%
PKG	B	0.12%	0.09%	0.09%
PM	A	0.18%	0.84%	0.18%
PNC	B	0.22%	0.46%	0.22%
PNW	B	0.05%	0.04%	0.04%
PPG	F	0.05%	0.08%	0.05%
PPL	A	0.07%	0.08%	0.07%
PR	B	0.06%	0.05%	0.05%
PRU	B	0.18%	0.35%	0.18%
PSX	C	0.19%	0.44%	0.19%
R	B	0.05%	0.06%	0.05%
RDN	D	0.0%	0.04%	0.0%
REYN	D	0.0%	0.0%	0.0%
RF	A	0.08%	0.14%	0.08%
RHI	C	0.05%	0.06%	0.05%
RL	C	0.05%	0.07%	0.05%
ROK	B	0.04%	0.11%	0.04%
RPRX	F	0.02%	0.05%	0.02%
RRR	F	0.01%	0.01%	0.01%
RTX	D	0.16%	1.04%	0.16%
SBUX	A	0.09%	0.37%	0.09%
SCI	A	0.03%	0.07%	0.03%
SEE	D	0.01%	0.01%	0.01%
SF	B	0.04%	0.07%	0.04%
SIRI	D	0.0%	0.02%	0.0%
SJM	D	0.01%	0.08%	0.01%
SLB	C	0.09%	0.19%	0.09%
SNA	B	0.08%	0.08%	0.08%
SNV	B	0.03%	0.04%	0.03%
SO	C	0.13%	0.22%	0.13%
SON	F	0.02%	0.02%	0.02%
SRE	A	0.07%	0.17%	0.07%
SSB	B	0.03%	0.02%	0.02%
STLD	B	0.12%	0.21%	0.12%
STX	D	0.03%	0.39%	0.03%
SW	A	0.1%	0.12%	0.1%
SWK	F	0.02%	0.05%	0.02%
SWKS	F	0.07%	0.29%	0.07%
SYY	D	0.07%	0.19%	0.07%
T	A	0.42%	1.2%	0.42%
TAP	B	0.05%	0.07%	0.05%
TFC	A	0.19%	0.33%	0.19%
TGT	B	0.29%	0.23%	0.23%
THO	C	0.01%	0.02%	0.01%
TPR	A	0.08%	0.1%	0.08%
TRGP	A	0.27%	0.11%	0.11%
TROW	B	0.1%	0.18%	0.1%
TRV	A	0.26%	0.26%	0.26%
TSN	B	0.05%	0.08%	0.05%
TXN	C	0.26%	3.03%	0.26%
UGI	C	0.0%	0.03%	0.0%
UNM	A	0.06%	0.07%	0.06%
UNP	D	0.47%	0.48%	0.47%
UPS	C	0.19%	0.71%	0.19%
USB	B	0.23%	0.31%	0.23%
VFC	C	0.03%	0.02%	0.02%
VOYA	B	0.03%	0.06%	0.03%
VTRS	A	0.09%	0.09%	0.09%
VZ	C	0.45%	1.48%	0.45%
WAL	B	0.06%	0.02%	0.02%
WBA	F	0.0%	0.1%	0.0%
WBS	A	0.05%	0.06%	0.05%
WEC	A	0.04%	0.11%	0.04%
WFC	A	0.55%	2.42%	0.55%
WH	B	0.01%	0.07%	0.01%
WMB	A	0.29%	0.22%	0.22%
WSO	A	0.05%	0.03%	0.03%
WTRG	B	0.01%	0.01%	0.01%
WTW	B	0.02%	0.16%	0.02%
XEL	A	0.11%	0.1%	0.1%
XOM	B	1.04%	2.91%	1.04%
XRAY	D	0.0%	0.03%	0.0%
YUM	D	0.04%	0.12%	0.04%
ZION	B	0.05%	0.05%	0.05%

AVLC Overweight 679 Positions Relative to DIVB

Symbol	Grade	Weight
AAPL	C	5.24%
NVDA	A	4.82%
MSFT	D	4.39%
AMZN	B	3.03%
META	C	2.26%
GOOGL	B	1.57%
GOOG	B	1.3%
AVGO	C	1.11%
COST	A	0.94%
LLY	F	0.79%
TSLA	A	0.78%
BRK.A	A	0.67%
MA	B	0.66%
WMT	A	0.64%
V	A	0.59%
QCOM	F	0.48%
NFLX	A	0.48%
PGR	B	0.46%
CRM	B	0.44%
TJX	A	0.44%
ORCL	A	0.42%
AXP	B	0.4%
MELI	D	0.39%
CMCSA	B	0.38%
AMAT	F	0.36%
UNH	C	0.36%
LRCX	F	0.34%
ADBE	D	0.33%
PYPL	B	0.32%
GM	B	0.31%
TMUS	B	0.31%
AMD	F	0.31%
NOW	B	0.3%
RCL	A	0.28%
INTU	B	0.27%
PCAR	B	0.25%
VRTX	D	0.25%
MSI	B	0.23%
FTNT	B	0.23%
GWW	B	0.23%
LNG	A	0.23%
DAL	A	0.23%
CMG	C	0.23%
CB	C	0.22%
MPC	D	0.22%
KLAC	F	0.21%
LIN	D	0.21%
SCHW	A	0.21%
ROST	D	0.21%
GE	D	0.2%
ZTS	D	0.2%
URI	B	0.2%
PANW	B	0.19%
HES	B	0.19%
UAL	A	0.19%
PLTR	B	0.18%
ISRG	A	0.18%
DIS	B	0.18%
FCX	F	0.18%
VLO	C	0.17%
TSCO	D	0.17%
LEN	D	0.17%
MU	D	0.17%
INTC	C	0.16%
DECK	B	0.16%
APP	A	0.16%
APO	A	0.16%
ACGL	D	0.15%
ADI	D	0.15%
OXY	F	0.15%
TMO	F	0.15%
SYF	B	0.15%
KKR	A	0.15%
LULU	C	0.15%
ANET	C	0.15%
REGN	F	0.14%
SHW	C	0.14%
TT	A	0.14%
MLM	B	0.14%
ETN	B	0.14%
EME	A	0.14%
ODFL	B	0.14%
WM	B	0.13%
VRT	A	0.13%
CCL	A	0.13%
DHR	D	0.13%
HAL	C	0.13%
BKNG	A	0.13%
VST	A	0.13%
CSL	C	0.13%
ELV	F	0.13%
TPL	A	0.13%
PCG	A	0.13%
GEV	A	0.13%
SYK	A	0.12%
SNPS	C	0.12%
CDNS	B	0.12%
CTAS	B	0.12%
SFM	A	0.12%
FCNCA	A	0.12%
PHM	D	0.12%
DHI	D	0.12%
MKL	A	0.12%
CPNG	D	0.12%
BSX	A	0.12%
ON	F	0.12%
VRSK	B	0.12%
APH	B	0.12%
ULTA	F	0.11%
MRVL	B	0.11%
OC	A	0.11%
ADM	D	0.11%
IDXX	F	0.11%
CRWD	B	0.11%
EQT	A	0.11%
RJF	A	0.11%
BURL	A	0.11%
CEG	C	0.11%
WSM	D	0.11%
GRMN	B	0.1%
CPRT	B	0.1%
AON	B	0.1%
STT	B	0.1%
FLEX	B	0.1%
RPM	B	0.1%
LPLA	A	0.1%
UTHR	C	0.1%
FIX	A	0.1%
JBL	C	0.1%
NVR	D	0.1%
MCO	D	0.1%
FSLR	D	0.1%
MSTR	A	0.09%
MO	A	0.09%
LVS	C	0.09%
CVNA	A	0.09%
SPGI	D	0.09%
ROP	C	0.09%
MMC	D	0.09%
COR	B	0.09%
IT	C	0.09%
PH	B	0.09%
PWR	A	0.09%
UBER	F	0.09%
ADSK	B	0.09%
TXRH	B	0.09%
LII	B	0.09%
CNC	F	0.08%
EG	D	0.08%
EW	C	0.08%
NXPI	F	0.08%
JBHT	C	0.08%
RGA	B	0.08%
GDDY	A	0.08%
BJ	B	0.08%
FICO	A	0.08%
CTVA	C	0.08%
WDAY	C	0.08%
COIN	A	0.08%
FTI	A	0.08%
CASY	A	0.08%
NCLH	B	0.08%
SQ	A	0.07%
ICE	C	0.07%
L	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	B	0.07%
MCK	A	0.07%
ORLY	B	0.07%
SAIA	C	0.07%
JXN	C	0.07%
DLTR	F	0.07%
WRB	B	0.07%
ABNB	D	0.07%
MLI	B	0.07%
SPOT	A	0.07%
TOL	B	0.07%
RMD	C	0.07%
POOL	D	0.07%
RS	B	0.07%
MUSA	A	0.07%
FI	A	0.07%
BLDR	D	0.07%
TDG	D	0.07%
RNR	C	0.07%
PRI	A	0.07%
EXP	B	0.07%
VLTO	C	0.06%
COKE	C	0.06%
KVUE	A	0.06%
UHS	D	0.06%
LECO	C	0.06%
ATI	D	0.06%
GL	C	0.06%
BA	D	0.06%
WMS	F	0.06%
CARR	D	0.06%
MANH	D	0.06%
GNRC	B	0.06%
GPK	D	0.06%
A	F	0.06%
BWXT	A	0.06%
DCI	B	0.06%
PFGC	B	0.06%
EA	A	0.06%
ANF	F	0.06%
DASH	A	0.06%
KEYS	C	0.06%
DD	D	0.06%
ECL	D	0.06%
CBRE	B	0.06%
BALL	D	0.06%
VMI	B	0.05%
ENSG	D	0.05%
AZO	C	0.05%
CROX	F	0.05%
MSCI	A	0.05%
ZM	B	0.05%
WFRD	F	0.05%
MOS	D	0.05%
FOXA	B	0.05%
SKX	F	0.05%
JLL	D	0.05%
DXCM	C	0.05%
AJG	B	0.05%
MKTX	D	0.05%
ZBH	C	0.05%
ARW	F	0.05%
CBT	C	0.05%
HUM	D	0.05%
WTFC	B	0.05%
VMC	B	0.05%
ATO	A	0.05%
CHD	A	0.05%
MTDR	C	0.05%
AAON	B	0.05%
GD	D	0.05%
TER	F	0.05%
SNOW	C	0.05%
CDW	F	0.05%
KMX	D	0.05%
BWA	D	0.05%
AXON	A	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
TXT	D	0.05%
VEEV	C	0.05%
STZ	D	0.05%
WAT	C	0.05%
UFPI	C	0.05%
IR	B	0.05%
MAR	B	0.05%
LNTH	F	0.05%
AIT	B	0.05%
GGG	B	0.05%
FYBR	C	0.05%
WST	D	0.05%
HWM	A	0.05%
AME	A	0.05%
DOCU	A	0.05%
FND	F	0.05%
CRBG	B	0.05%
BDX	F	0.05%
TEAM	A	0.05%
HCA	F	0.05%
HOOD	A	0.05%
TTD	B	0.05%
KNSL	B	0.05%
DELL	B	0.05%
HLT	A	0.05%
CHTR	B	0.05%
ATR	B	0.05%
AGCO	F	0.04%
ALNY	D	0.04%
RSG	A	0.04%
AWI	B	0.04%
SSD	D	0.04%
TWLO	A	0.04%
STE	D	0.04%
KNX	B	0.04%
SNX	D	0.04%
KEX	B	0.04%
NBIX	C	0.04%
ILMN	C	0.04%
HUBB	B	0.04%
NSIT	F	0.04%
PSTG	F	0.04%
XPO	B	0.04%
XYL	D	0.04%
IQV	F	0.04%
DINO	D	0.04%
FN	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%
WCN	A	0.04%
OTIS	C	0.04%
TREX	D	0.04%
ITT	A	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%
BR	B	0.04%
JKHY	D	0.04%
JAZZ	C	0.04%
CRS	A	0.04%
WAB	B	0.04%
ANSS	B	0.04%
LSTR	D	0.04%
EPAM	C	0.04%
FDS	B	0.04%
AYI	B	0.04%
CHX	C	0.04%
EXPE	B	0.04%
MPWR	F	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%
LAD	B	0.03%
IBP	F	0.03%
BCC	B	0.03%
BLD	F	0.03%
MRNA	F	0.03%
GMED	A	0.03%
TKR	F	0.03%
DY	C	0.03%
IEX	B	0.03%
ENLC	A	0.03%
UHAL	D	0.03%
RLI	A	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%
NYT	D	0.03%
ZS	B	0.03%
CTLT	D	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	C	0.03%
PODD	B	0.03%
HLNE	A	0.03%
WWD	B	0.03%
EXPO	D	0.03%
NU	C	0.03%
BMRN	F	0.03%
CBOE	C	0.03%
MTD	F	0.03%
WDC	F	0.03%
PVH	C	0.03%
AKAM	F	0.03%
HOLX	D	0.03%
GNTX	F	0.03%
EHC	B	0.03%
RGLD	C	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%
SEIC	B	0.03%
AA	A	0.03%
DOV	B	0.03%
PTC	B	0.03%
ALK	A	0.03%
CW	B	0.03%
TTC	F	0.03%
TDY	B	0.03%
CIEN	B	0.03%
BAH	D	0.03%
WBD	B	0.03%
AR	B	0.03%
MNST	C	0.03%
PNFP	B	0.03%
CLF	F	0.03%
CVLT	B	0.03%
AVY	D	0.03%
PCTY	B	0.02%
PNR	B	0.02%
EXLS	B	0.02%
LNW	F	0.02%
ROIV	D	0.02%
MSA	D	0.02%
BRO	B	0.02%
INSM	C	0.02%
FRPT	A	0.02%
RBC	A	0.02%
TRU	D	0.02%
PPC	B	0.02%
QRVO	F	0.02%
OKTA	D	0.02%
ARMK	C	0.02%
FCN	F	0.02%
AZN	F	0.02%
NVT	C	0.02%
ALSN	B	0.02%
FSS	B	0.02%
ROKU	D	0.02%
OLED	F	0.02%
ONTO	F	0.02%
CNM	C	0.02%
NOV	D	0.02%
SIGI	B	0.02%
DAR	B	0.02%
BRKR	F	0.02%
BMI	C	0.02%
HLI	B	0.02%
FLR	B	0.02%
GLOB	C	0.02%
OLLI	D	0.02%
Z	A	0.02%
LYV	A	0.02%
MMSI	A	0.02%
MOG.A	B	0.02%
CHE	F	0.02%
FLS	A	0.02%
DOCS	C	0.02%
TOST	A	0.02%
LFUS	D	0.02%
TECH	F	0.02%
SWX	A	0.02%
CCK	D	0.02%
FBIN	D	0.02%
VRSN	F	0.02%
LW	C	0.02%
EFX	F	0.02%
MTH	D	0.02%
SN	D	0.02%
DT	C	0.02%
COOP	B	0.02%
ENTG	F	0.02%
OSK	C	0.02%
CSWI	A	0.02%
PINS	F	0.02%
FOX	A	0.02%
HESM	A	0.02%
PCVX	D	0.02%
NTRA	A	0.02%
NDAQ	A	0.02%
QLYS	C	0.02%
TW	A	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%
CHDN	C	0.02%
LBRDK	C	0.02%
TRMB	B	0.02%
ALLE	D	0.02%
TPX	B	0.02%
ERIE	F	0.02%
ACM	B	0.02%
TFX	F	0.02%
WLK	F	0.02%
NTNX	B	0.02%
SATS	C	0.02%
GFS	C	0.01%
SNAP	D	0.01%
LYFT	C	0.01%
HEI	A	0.01%
RMBS	C	0.01%
ELF	C	0.01%
FLUT	A	0.01%
H	B	0.01%
SMMT	D	0.01%
IONS	F	0.01%
ADTN	A	0.01%
PI	D	0.01%
RRX	B	0.01%
ZG	A	0.01%
CE	F	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%
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%
DKNG	B	0.01%
NDSN	D	0.01%
GXO	B	0.01%
HQY	A	0.01%
NXST	C	0.01%
PATH	C	0.01%
AVAV	C	0.01%
NWS	B	0.01%
HXL	F	0.01%
ESAB	B	0.01%
DDS	B	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%
MORN	B	0.01%
HEI	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%
BILL	A	0.01%
CWAN	B	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	A	0.01%
CWST	A	0.01%
SSNC	C	0.01%
DBX	C	0.01%
VRNS	D	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%
J	D	0.01%
RYAN	B	0.01%
SRPT	F	0.01%
RBLX	B	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%
AZEK	B	0.01%
MIDD	D	0.01%
BCPC	B	0.01%
ENPH	F	0.01%
LUMN	C	0.01%
AN	D	0.01%
VVV	D	0.01%
SPSC	F	0.01%
WTS	B	0.01%
BIO	C	0.01%
SMAR	A	0.01%
TTEK	F	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%
WING	D	0.01%
DVA	C	0.01%
IOT	A	0.01%
VKTX	F	0.01%
AL	B	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%
ALB	B	0.01%
LANC	D	0.01%
ITCI	B	0.01%
AUR	C	0.01%
CELH	F	0.01%
S	B	0.01%
DPZ	C	0.01%
CGNX	D	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%
IMVT	F	0.0%
DXC	D	0.0%
RNA	C	0.0%
SPB	C	0.0%
TXG	F	0.0%
SAM	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%
PLUG	F	0.0%
ZI	D	0.0%
ALKS	C	0.0%
FIZZ	B	0.0%
TDC	D	0.0%
HCP	B	0.0%
CAR	C	0.0%
EEFT	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%
INSP	F	0.0%
ESI	B	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	D	0.0%
AMG	C	0.0%
POST	D	0.0%
ETSY	D	0.0%
BFAM	F	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%
SLGN	A	0.0%
TKO	A	0.0%
APG	C	0.0%
BPMC	C	0.0%

AVLC Underweight 136 Positions Relative to DIVB

Symbol	Grade	Weight
TEL	C	-1.17%
GEN	B	-0.56%
CRH	B	-0.46%
SPG	A	-0.3%
PLD	D	-0.3%
AMT	D	-0.25%
CCI	C	-0.24%
PSA	C	-0.18%
AVT	C	-0.17%
EXR	C	-0.11%
KLIC	C	-0.1%
CNH	C	-0.1%
EQR	C	-0.09%
IRM	C	-0.08%
DOC	D	-0.08%
WY	D	-0.08%
BXP	D	-0.07%
MAA	A	-0.07%
KIM	A	-0.07%
AVB	B	-0.07%
HST	D	-0.07%
ESS	A	-0.07%
VSH	F	-0.06%
REG	A	-0.06%
STWD	C	-0.06%
HR	C	-0.06%
INVH	D	-0.06%
EXE	A	-0.06%
WPC	C	-0.06%
CPT	C	-0.05%
LAMR	D	-0.05%
VICI	C	-0.05%
OHI	C	-0.04%
HOG	F	-0.04%
PII	F	-0.04%
CUBE	C	-0.04%
MSM	D	-0.04%
VTR	A	-0.04%
RITM	D	-0.04%
IRDM	F	-0.04%
CNO	B	-0.03%
VLY	A	-0.03%
GLPI	C	-0.03%
HP	C	-0.03%
CCOI	B	-0.03%
PTEN	C	-0.03%
WEN	C	-0.03%
RHP	B	-0.03%
ASH	F	-0.03%
ARCH	B	-0.03%
FHI	B	-0.03%
MAN	F	-0.03%
KRC	C	-0.03%
ELS	B	-0.03%
CC	D	-0.03%
BRX	A	-0.03%
APLE	B	-0.02%
ALE	A	-0.02%
NSP	F	-0.02%
HWC	B	-0.02%
CDP	C	-0.02%
GOLF	B	-0.02%
AAP	D	-0.02%
WMG	C	-0.02%
PECO	A	-0.02%
PRGO	C	-0.02%
IIPR	F	-0.02%
FHB	B	-0.02%
FR	D	-0.02%
COLD	F	-0.02%
THG	A	-0.02%
MC	B	-0.02%
AEO	F	-0.02%
VCTR	B	-0.02%
ABM	B	-0.02%
NHI	D	-0.02%
PCH	D	-0.02%
RUSHA	B	-0.02%
CUZ	B	-0.02%
MAC	A	-0.02%
CRC	B	-0.02%
ASB	B	-0.02%
SHOO	D	-0.02%
ACI	C	-0.02%
KTB	A	-0.02%
APAM	B	-0.02%
STAG	D	-0.02%
SLG	B	-0.02%
KRG	A	-0.02%
UDR	D	-0.02%
UBSI	B	-0.02%
BTU	B	-0.02%
SBRA	B	-0.02%
EPR	D	-0.02%
FRT	B	-0.02%
NNN	C	-0.02%
AMH	C	-0.01%
IPAR	C	-0.01%
OGS	A	-0.01%
TXNM	A	-0.01%
MCY	B	-0.01%
DNB	B	-0.01%
BKH	A	-0.01%
AWR	B	-0.01%
UCB	A	-0.01%
SXT	C	-0.01%
TFSL	A	-0.01%
MGEE	A	-0.01%
CNS	B	-0.01%
GEF	B	-0.01%
ADT	B	-0.01%
KMPR	A	-0.01%
AVNT	B	-0.01%
AROC	A	-0.01%
OTTR	C	-0.01%
HI	C	-0.01%
LXP	D	-0.01%
NJR	A	-0.01%
JWN	C	-0.01%
IBOC	B	-0.01%
CATY	B	-0.01%
LCII	D	-0.01%
SKT	A	-0.01%
WD	D	-0.01%
NWL	B	-0.01%
SMG	C	-0.01%
RYN	D	-0.01%
IRT	A	-0.01%
MAGN	F	-0.0%
RUSHB	B	-0.0%
GEF	B	-0.0%
AGNC	C	-0.0%
CRK	A	-0.0%
SITC	D	-0.0%
AVA	C	-0.0%
CVI	D	-0.0%