AVLC vs. HDUS ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Hartford Disciplined US Equity ETF (HDUS)

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

$69.74

Average Daily Volume

19,482

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

HDUS

Hartford Disciplined US Equity ETF

HDUS Description

Hartford Disciplined US Equity ETF is an exchange traded fund launched and managed by Lattice Strategies LLC. It is co-managed by Mellon Investments Corporation. It invests in public equity markets of the United States. The fund invests in the stocks of companies operating across diversified sectors. The fund invests in value and momentum stocks of large-cap companies. The fund seeks to track the performance of the Hartford Disciplined US Equity Index, by using full replication technique. Hartford Disciplined US Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$58.11

Average Daily Volume

3,372

Number of Holdings ^*

263

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	HDUS
30 Days	4.71%	3.75%
60 Days	6.29%	5.23%
90 Days	7.72%	7.06%
12 Months	33.08%	31.94%

244 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in HDUS	Overlap
	AAPL	C	5.24%	5.07%	5.07%
	ABBV	D	0.38%	1.03%	0.38%
	ABNB	C	0.07%	0.21%	0.07%
	ABT	B	0.2%	0.51%	0.2%
	ACN	C	0.32%	0.4%	0.32%
	ADBE	C	0.33%	0.14%	0.14%
	AFL	B	0.19%	0.28%	0.19%
	ALSN	B	0.02%	0.6%	0.02%
	ALTR	B	0.01%	0.21%	0.01%
	ALV	C	0.05%	0.22%	0.05%
	AMAT	F	0.36%	0.39%	0.36%
	AMD	F	0.31%	0.07%	0.07%
	AMGN	D	0.19%	0.2%	0.19%
	AMZN	C	3.03%	3.51%	3.03%
	APH	A	0.12%	0.46%	0.12%
	APP	B	0.16%	0.21%	0.16%
	AVGO	D	1.11%	1.31%	1.11%
	AXP	A	0.4%	0.19%	0.19%
	AXS	A	0.05%	0.4%	0.05%
	AYI	B	0.04%	0.04%	0.04%
	BAC	A	0.42%	0.07%	0.07%
	BAH	F	0.03%	0.37%	0.03%
	BBY	D	0.12%	0.06%	0.06%
	BG	F	0.08%	0.26%	0.08%
	BJ	A	0.08%	0.17%	0.08%
	BK	A	0.18%	0.61%	0.18%
	BKNG	A	0.13%	0.48%	0.13%
	BLK	C	0.18%	0.13%	0.13%
	BMY	B	0.18%	0.72%	0.18%
	BR	A	0.04%	0.12%	0.04%
	BRK.A	B	0.67%	0.46%	0.46%
	BSX	B	0.12%	0.32%	0.12%
	C	A	0.23%	0.09%	0.09%
	CACI	D	0.01%	0.04%	0.01%
	CAT	B	0.52%	0.23%	0.23%
	CB	C	0.22%	0.44%	0.22%
	CBOE	B	0.03%	0.64%	0.03%
	CBT	C	0.05%	0.13%	0.05%
	CDNS	B	0.12%	0.16%	0.12%
	CHH	A	0.02%	0.05%	0.02%
	CHRD	D	0.05%	0.23%	0.05%
	CHRW	C	0.03%	0.3%	0.03%
	CINF	A	0.07%	0.01%	0.01%
	CL	D	0.18%	0.64%	0.18%
	CMG	B	0.23%	0.09%	0.09%
	CMI	A	0.21%	0.88%	0.21%
	COIN	C	0.08%	0.05%	0.05%
	COKE	C	0.06%	0.11%	0.06%
	COP	C	0.38%	0.3%	0.3%
	COST	B	0.94%	0.63%	0.63%
	CPB	D	0.01%	0.07%	0.01%
	CRBG	B	0.05%	0.28%	0.05%
	CRM	B	0.44%	0.36%	0.36%
	CROX	D	0.05%	0.08%	0.05%
	CRUS	D	0.04%	0.02%	0.02%
	CRWD	B	0.11%	0.2%	0.11%
	CSCO	B	0.3%	0.31%	0.3%
	CSL	C	0.13%	0.03%	0.03%
	CSWI	A	0.02%	0.14%	0.02%
	CTAS	B	0.12%	0.62%	0.12%
	CTSH	B	0.13%	0.54%	0.13%
	CVX	A	0.64%	0.92%	0.64%
	DASH	A	0.06%	0.09%	0.06%
	DBX	B	0.01%	0.54%	0.01%
	DCI	B	0.06%	0.34%	0.06%
	DDOG	A	0.05%	0.13%	0.05%
	DELL	C	0.05%	0.02%	0.02%
	DGX	A	0.01%	0.29%	0.01%
	DHR	F	0.13%	0.08%	0.08%
	DKS	C	0.08%	0.12%	0.08%
	DRI	B	0.1%	0.11%	0.1%
	DTE	C	0.07%	0.07%	0.07%
	DTM	B	0.04%	0.04%	0.04%
	DUK	C	0.16%	0.12%	0.12%
	DY	D	0.03%	0.14%	0.03%
	EA	A	0.06%	0.48%	0.06%
	EBAY	D	0.14%	0.26%	0.14%
	ECL	D	0.06%	0.11%	0.06%
	EIX	B	0.09%	0.14%	0.09%
	EME	C	0.14%	0.57%	0.14%
	EOG	A	0.3%	0.43%	0.3%
	ESI	A	0.0%	0.1%	0.0%
	ESTC	C	0.01%	0.05%	0.01%
	ETN	A	0.14%	0.24%	0.14%
	EVR	B	0.04%	0.03%	0.03%
	FANG	D	0.17%	0.22%	0.17%
	FDX	B	0.26%	0.25%	0.25%
	FICO	B	0.08%	0.33%	0.08%
	FLEX	A	0.1%	0.16%	0.1%
	FLO	D	0.0%	0.05%	0.0%
	FNF	B	0.08%	0.04%	0.04%
	FOXA	B	0.05%	0.26%	0.05%
	FSS	B	0.02%	0.25%	0.02%
	GD	F	0.05%	0.15%	0.05%
	GDDY	A	0.08%	0.47%	0.08%
	GE	D	0.2%	0.15%	0.15%
	GEHC	F	0.03%	0.13%	0.03%
	GILD	C	0.35%	0.5%	0.35%
	GLW	B	0.09%	0.13%	0.09%
	GM	B	0.31%	0.02%	0.02%
	GNTX	C	0.03%	0.1%	0.03%
	GOOGL	C	1.57%	3.92%	1.57%
	GPC	D	0.06%	0.09%	0.06%
	GS	A	0.44%	0.11%	0.11%
	GWRE	A	0.03%	0.21%	0.03%
	HCA	F	0.05%	0.09%	0.05%
	HD	A	0.58%	0.46%	0.46%
	HLNE	B	0.03%	0.07%	0.03%
	HPQ	B	0.05%	0.13%	0.05%
	HRB	D	0.03%	0.38%	0.03%
	HSY	F	0.09%	0.23%	0.09%
	HUBS	A	0.05%	0.17%	0.05%
	IBKR	A	0.03%	0.03%	0.03%
	IBM	C	0.27%	0.71%	0.27%
	INGR	B	0.07%	0.3%	0.07%
	INSP	D	0.0%	0.04%	0.0%
	INTU	C	0.27%	0.26%	0.26%
	ISRG	A	0.18%	0.02%	0.02%
	IT	C	0.09%	0.07%	0.07%
	JBHT	C	0.08%	0.02%	0.02%
	JHG	A	0.02%	0.7%	0.02%
	JKHY	D	0.04%	0.03%	0.03%
	JNJ	D	0.58%	1.49%	0.58%
	JNPR	F	0.02%	0.04%	0.02%
	JPM	A	1.19%	0.92%	0.92%
	KKR	A	0.15%	0.06%	0.06%
	KLAC	D	0.21%	0.29%	0.21%
	KMB	D	0.14%	0.23%	0.14%
	KMI	A	0.1%	0.32%	0.1%
	KO	D	0.4%	0.44%	0.4%
	KVUE	A	0.06%	0.63%	0.06%
	LII	A	0.09%	0.09%	0.09%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	F	0.79%	0.93%	0.79%
	LMT	D	0.23%	0.32%	0.23%
	LNG	B	0.23%	0.19%	0.19%
	LOW	D	0.12%	0.19%	0.12%
	LRCX	F	0.34%	0.16%	0.16%
	MANH	D	0.06%	0.21%	0.06%
	MCD	D	0.16%	0.29%	0.16%
	MCK	B	0.07%	0.38%	0.07%
	MCO	B	0.1%	0.41%	0.1%
	MDT	D	0.12%	0.22%	0.12%
	META	D	2.26%	1.88%	1.88%
	MLI	C	0.07%	0.39%	0.07%
	MMC	B	0.09%	0.18%	0.09%
	MMM	D	0.19%	0.16%	0.16%
	MO	A	0.09%	1.11%	0.09%
	MORN	B	0.01%	0.03%	0.01%
	MPC	D	0.22%	0.18%	0.18%
	MPWR	F	0.04%	0.11%	0.04%
	MRK	F	0.32%	0.26%	0.26%
	MS	A	0.35%	0.41%	0.35%
	MSCI	C	0.05%	0.04%	0.04%
	MSFT	F	4.39%	5.41%	4.39%
	MSI	B	0.23%	0.16%	0.16%
	MTG	C	0.04%	0.09%	0.04%
	MUSA	A	0.07%	0.38%	0.07%
	NDAQ	A	0.02%	0.18%	0.02%
	NEE	D	0.07%	0.22%	0.07%
	NET	B	0.04%	0.02%	0.02%
	NFLX	A	0.48%	0.6%	0.48%
	NOW	A	0.3%	0.18%	0.18%
	NRG	B	0.05%	0.1%	0.05%
	NTAP	C	0.06%	0.58%	0.06%
	NTNX	A	0.02%	0.07%	0.02%
	NVDA	C	4.82%	6.03%	4.82%
	NWSA	B	0.03%	0.2%	0.03%
	NXPI	D	0.08%	0.37%	0.08%
	NYT	C	0.03%	0.23%	0.03%
	OC	A	0.11%	0.11%	0.11%
	ODFL	B	0.14%	0.05%	0.05%
	OGE	B	0.04%	0.02%	0.02%
	OGN	D	0.01%	0.01%	0.01%
	OMC	C	0.02%	0.28%	0.02%
	ORCL	B	0.42%	0.69%	0.42%
	ORI	A	0.05%	0.2%	0.05%
	OTIS	C	0.04%	0.06%	0.04%
	PANW	C	0.19%	0.16%	0.16%
	PAYX	C	0.17%	0.05%	0.05%
	PEG	A	0.1%	0.38%	0.1%
	PEP	F	0.27%	1.18%	0.27%
	PFE	D	0.15%	0.19%	0.15%
	PGR	A	0.46%	0.32%	0.32%
	PKG	A	0.12%	0.2%	0.12%
	PLTR	B	0.18%	0.26%	0.18%
	PNC	B	0.22%	0.12%	0.12%
	PRU	A	0.18%	0.22%	0.18%
	PYPL	B	0.32%	0.02%	0.02%
	QCOM	F	0.48%	0.49%	0.48%
	R	B	0.05%	0.43%	0.05%
	RBLX	C	0.01%	0.04%	0.01%
	RDN	C	0.0%	0.36%	0.0%
	REGN	F	0.14%	0.03%	0.03%
	RHI	B	0.05%	0.51%	0.05%
	RL	B	0.05%	0.34%	0.05%
	RMD	C	0.07%	0.27%	0.07%
	RPM	A	0.1%	0.45%	0.1%
	RTX	C	0.16%	0.32%	0.16%
	SBUX	A	0.09%	0.07%	0.07%
	SHW	A	0.14%	0.46%	0.14%
	SMAR	A	0.01%	0.03%	0.01%
	SNA	A	0.08%	0.06%	0.06%
	SNOW	C	0.05%	0.01%	0.01%
	SNPS	B	0.12%	0.05%	0.05%
	SO	D	0.13%	0.2%	0.13%
	SPGI	C	0.09%	0.27%	0.09%
	STT	A	0.1%	0.15%	0.1%
	SWKS	F	0.07%	0.05%	0.05%
	SYK	C	0.12%	0.08%	0.08%
	T	A	0.42%	0.53%	0.42%
	TER	D	0.05%	0.08%	0.05%
	TFC	A	0.19%	0.05%	0.05%
	TGT	F	0.29%	0.04%	0.04%
	TJX	A	0.44%	0.07%	0.07%
	TMDX	F	0.0%	0.01%	0.0%
	TMO	F	0.15%	0.16%	0.15%
	TMUS	B	0.31%	0.25%	0.25%
	TPR	B	0.08%	0.03%	0.03%
	TRGP	B	0.27%	0.13%	0.13%
	TROW	B	0.1%	0.53%	0.1%
	TRV	B	0.26%	0.28%	0.26%
	TSCO	D	0.17%	0.17%	0.17%
	TSLA	B	0.78%	1.36%	0.78%
	TT	A	0.14%	0.14%	0.14%
	TXN	C	0.26%	1.13%	0.26%
	TXRH	C	0.09%	0.49%	0.09%
	UBER	D	0.09%	0.29%	0.09%
	UNH	C	0.36%	0.79%	0.36%
	VLO	C	0.17%	0.21%	0.17%
	VRNS	D	0.01%	0.1%	0.01%
	VRSK	A	0.12%	0.26%	0.12%
	VRTX	F	0.25%	0.36%	0.25%
	VZ	C	0.45%	1.2%	0.45%
	WFC	A	0.55%	0.27%	0.27%
	WMB	A	0.29%	0.21%	0.21%
	WMT	A	0.64%	0.69%	0.64%
	WSM	B	0.11%	0.09%	0.09%
	WST	C	0.05%	0.35%	0.05%
	WTW	B	0.02%	0.09%	0.02%
	XOM	B	1.04%	1.05%	1.04%
	YUM	B	0.04%	0.55%	0.04%
	ZS	C	0.03%	0.04%	0.03%
	ZTS	D	0.2%	0.14%	0.14%

AVLC Overweight 732 Positions Relative to HDUS

	Symbol	Grade	Weight
	GOOG	C	1.3%
	MA	C	0.66%
	V	A	0.59%
	UNP	C	0.47%
	PG	A	0.39%
	MELI	D	0.39%
	CMCSA	B	0.38%
	ADP	B	0.36%
	DE	A	0.3%
	RCL	A	0.28%
	AMP	A	0.26%
	CSX	B	0.26%
	PCAR	B	0.25%
	COF	B	0.23%
	FTNT	C	0.23%
	GWW	B	0.23%
	USB	A	0.23%
	DAL	C	0.23%
	APD	A	0.22%
	NSC	B	0.22%
	LIN	D	0.21%
	SCHW	B	0.21%
	ROST	C	0.21%
	ALL	A	0.2%
	F	C	0.2%
	URI	B	0.2%
	OKE	A	0.2%
	MET	A	0.2%
	KR	B	0.2%
	FAST	B	0.2%
	AIG	B	0.2%
	UPS	C	0.19%
	HIG	B	0.19%
	HES	B	0.19%
	UAL	A	0.19%
	PSX	C	0.19%
	PM	B	0.18%
	DIS	B	0.18%
	FCX	D	0.18%
	BKR	B	0.18%
	NKE	D	0.17%
	LEN	D	0.17%
	MU	D	0.17%
	NUE	C	0.16%
	INTC	D	0.16%
	DECK	A	0.16%
	APO	B	0.16%
	ACGL	D	0.15%
	ADI	D	0.15%
	OXY	D	0.15%
	HON	B	0.15%
	SYF	B	0.15%
	LULU	C	0.15%
	ANET	C	0.15%
	FITB	A	0.14%
	DOW	F	0.14%
	AEP	D	0.14%
	DVN	F	0.14%
	MLM	B	0.14%
	WM	A	0.13%
	IP	B	0.13%
	VRT	B	0.13%
	CCL	B	0.13%
	HAL	C	0.13%
	VST	B	0.13%
	ELV	F	0.13%
	TPL	A	0.13%
	PCG	A	0.13%
	GEV	B	0.13%
	MTB	A	0.12%
	CME	A	0.12%
	ETR	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%
	STLD	B	0.12%
	ITW	B	0.12%
	ON	D	0.12%
	HBAN	A	0.11%
	ULTA	F	0.11%
	BX	A	0.11%
	NTRS	A	0.11%
	MRVL	B	0.11%
	ADM	D	0.11%
	MRO	B	0.11%
	IDXX	F	0.11%
	XEL	A	0.11%
	LYB	F	0.11%
	EQT	B	0.11%
	RJF	A	0.11%
	BURL	A	0.11%
	CEG	D	0.11%
	GRMN	B	0.1%
	CPRT	A	0.1%
	AON	A	0.1%
	SW	A	0.1%
	LPLA	A	0.1%
	CTRA	B	0.1%
	UTHR	C	0.1%
	FIX	A	0.1%
	JBL	B	0.1%
	NVR	D	0.1%
	EXC	C	0.1%
	FSLR	F	0.1%
	MSTR	C	0.09%
	VTRS	A	0.09%
	LVS	C	0.09%
	CVNA	B	0.09%
	EXPD	D	0.09%
	EQH	B	0.09%
	ROP	B	0.09%
	MDLZ	F	0.09%
	SLB	C	0.09%
	PFG	D	0.09%
	COR	B	0.09%
	PH	A	0.09%
	PWR	A	0.09%
	ADSK	A	0.09%
	CF	B	0.09%
	CNC	D	0.08%
	OVV	B	0.08%
	EG	C	0.08%
	EW	C	0.08%
	RGA	A	0.08%
	LUV	C	0.08%
	RF	A	0.08%
	AEE	A	0.08%
	CTVA	C	0.08%
	WDAY	B	0.08%
	JEF	A	0.08%
	HPE	B	0.08%
	FTI	A	0.08%
	ED	D	0.08%
	CASY	A	0.08%
	NCLH	B	0.08%
	DFS	B	0.08%
	CFG	B	0.08%
	EWBC	A	0.08%
	SQ	B	0.07%
	ICE	C	0.07%
	L	A	0.07%
	WCC	B	0.07%
	MOH	F	0.07%
	PAYC	B	0.07%
	ORLY	B	0.07%
	SAIA	B	0.07%
	JXN	C	0.07%
	DLTR	F	0.07%
	WRB	A	0.07%
	SPOT	B	0.07%
	SYY	B	0.07%
	TOL	B	0.07%
	POOL	C	0.07%
	CI	F	0.07%
	PPL	B	0.07%
	RS	B	0.07%
	FI	A	0.07%
	BLDR	D	0.07%
	TDG	D	0.07%
	RNR	C	0.07%
	SRE	A	0.07%
	PRI	A	0.07%
	EXP	A	0.07%
	UNM	A	0.06%
	ALLY	C	0.06%
	PR	B	0.06%
	VLTO	D	0.06%
	WAL	B	0.06%
	UHS	D	0.06%
	CMA	A	0.06%
	LECO	B	0.06%
	IFF	D	0.06%
	ATI	D	0.06%
	GL	B	0.06%
	BA	F	0.06%
	WMS	D	0.06%
	CMS	C	0.06%
	CARR	D	0.06%
	GNRC	B	0.06%
	AFG	A	0.06%
	GPK	C	0.06%
	CLX	B	0.06%
	A	D	0.06%
	BWXT	B	0.06%
	FIS	C	0.06%
	PFGC	B	0.06%
	DG	F	0.06%
	ANF	C	0.06%
	KEYS	A	0.06%
	DD	D	0.06%
	LPX	B	0.06%
	CBRE	B	0.06%
	BALL	D	0.06%
	AES	F	0.06%
	VMI	B	0.05%
	ENSG	D	0.05%
	AZO	C	0.05%
	NOC	D	0.05%
	ZM	B	0.05%
	CVS	D	0.05%
	TAP	C	0.05%
	TSN	B	0.05%
	WFRD	D	0.05%
	MOS	F	0.05%
	KDP	D	0.05%
	SKX	D	0.05%
	JLL	D	0.05%
	DXCM	D	0.05%
	AJG	B	0.05%
	KHC	F	0.05%
	PNW	B	0.05%
	WBS	A	0.05%
	MKTX	D	0.05%
	ZBH	C	0.05%
	ARW	D	0.05%
	HUM	C	0.05%
	WTFC	A	0.05%
	VMC	B	0.05%
	ATO	A	0.05%
	CHD	B	0.05%
	MTDR	B	0.05%
	AAON	B	0.05%
	MCHP	D	0.05%
	D	C	0.05%
	CDW	F	0.05%
	KMX	B	0.05%
	BWA	D	0.05%
	PPG	F	0.05%
	AXON	A	0.05%
	EVRG	A	0.05%
	TXT	D	0.05%
	VEEV	C	0.05%
	STZ	D	0.05%
	AIZ	A	0.05%
	WAT	B	0.05%
	UFPI	B	0.05%
	ZION	B	0.05%
	IR	B	0.05%
	MAR	B	0.05%
	LNTH	D	0.05%
	AIT	A	0.05%
	GGG	B	0.05%
	FYBR	D	0.05%
	HWM	A	0.05%
	AME	A	0.05%
	DOCU	A	0.05%
	WSO	A	0.05%
	FND	C	0.05%
	BDX	F	0.05%
	TEAM	A	0.05%
	HOOD	B	0.05%
	TTD	B	0.05%
	KNSL	B	0.05%
	EMR	A	0.05%
	HLT	A	0.05%
	CHTR	C	0.05%
	KEY	B	0.05%
	ATR	B	0.05%
	AGCO	D	0.04%
	ALNY	D	0.04%
	RSG	A	0.04%
	AWI	A	0.04%
	SSD	D	0.04%
	TWLO	A	0.04%
	LNT	A	0.04%
	STE	F	0.04%
	KNX	B	0.04%
	FMC	D	0.04%
	SNX	C	0.04%
	KEX	C	0.04%
	NBIX	C	0.04%
	ILMN	D	0.04%
	HUBB	B	0.04%
	NSIT	F	0.04%
	PSTG	D	0.04%
	JCI	C	0.04%
	XPO	B	0.04%
	XYL	D	0.04%
	IQV	D	0.04%
	DINO	D	0.04%
	FN	D	0.04%
	LH	C	0.04%
	ROK	B	0.04%
	CMC	B	0.04%
	CPAY	A	0.04%
	ALGN	D	0.04%
	APTV	D	0.04%
	TYL	B	0.04%
	WCN	A	0.04%
	HII	D	0.04%
	TREX	C	0.04%
	ITT	A	0.04%
	KBH	D	0.04%
	KD	B	0.04%
	CSGP	D	0.04%
	WEC	A	0.04%
	AXTA	A	0.04%
	SOFI	A	0.04%
	RRC	B	0.04%
	CLH	B	0.04%
	JAZZ	B	0.04%
	CRS	A	0.04%
	FHN	A	0.04%
	WAB	B	0.04%
	ANSS	B	0.04%
	GAP	C	0.04%
	LSTR	D	0.04%
	EPAM	C	0.04%
	SF	B	0.04%
	CBSH	A	0.04%
	FDS	B	0.04%
	CHX	C	0.04%
	CFR	B	0.04%
	OMF	A	0.04%
	EXPE	B	0.04%
	EMN	D	0.04%
	MHK	D	0.04%
	DOX	D	0.03%
	MEDP	D	0.03%
	LDOS	C	0.03%
	COHR	B	0.03%
	MOD	A	0.03%
	SCI	B	0.03%
	LAD	A	0.03%
	IBP	D	0.03%
	BCC	B	0.03%
	BLD	D	0.03%
	G	B	0.03%
	MRNA	F	0.03%
	GMED	A	0.03%
	TKR	D	0.03%
	IEX	B	0.03%
	FAF	A	0.03%
	ENLC	A	0.03%
	UHAL	D	0.03%
	RLI	B	0.03%
	GME	C	0.03%
	FFIV	B	0.03%
	X	C	0.03%
	ROL	B	0.03%
	AFRM	B	0.03%
	HALO	F	0.03%
	BIIB	F	0.03%
	OLN	D	0.03%
	PEGA	A	0.03%
	CTLT	B	0.03%
	AWK	D	0.03%
	ZBRA	B	0.03%
	MTZ	B	0.03%
	MDB	C	0.03%
	PODD	C	0.03%
	WWD	B	0.03%
	EXPO	D	0.03%
	NU	C	0.03%
	VOYA	B	0.03%
	BMRN	D	0.03%
	STX	D	0.03%
	MTD	D	0.03%
	LHX	C	0.03%
	WDC	D	0.03%
	MUR	D	0.03%
	AM	A	0.03%
	PVH	C	0.03%
	AKAM	D	0.03%
	HOLX	D	0.03%
	EHC	B	0.03%
	RGLD	C	0.03%
	EXEL	B	0.03%
	TTWO	A	0.03%
	RIVN	F	0.03%
	INCY	C	0.03%
	ESNT	D	0.03%
	MAT	D	0.03%
	SEIC	B	0.03%
	AA	B	0.03%
	GIS	D	0.03%
	DOV	A	0.03%
	PTC	A	0.03%
	K	A	0.03%
	ALK	C	0.03%
	CW	B	0.03%
	SSB	B	0.03%
	CAH	B	0.03%
	BPOP	B	0.03%
	VFC	C	0.03%
	TTC	D	0.03%
	TDY	B	0.03%
	CIEN	B	0.03%
	WBD	C	0.03%
	CIVI	D	0.03%
	APA	D	0.03%
	AR	B	0.03%
	MNST	C	0.03%
	PNFP	B	0.03%
	LEA	D	0.03%
	CLF	F	0.03%
	CVLT	B	0.03%
	AVY	D	0.03%
	SNV	B	0.03%
	AOS	F	0.03%
	ONB	B	0.03%
	PCTY	B	0.02%
	PNR	A	0.02%
	EXLS	B	0.02%
	LNW	D	0.02%
	ROIV	C	0.02%
	MSA	D	0.02%
	BRO	B	0.02%
	BC	C	0.02%
	INSM	C	0.02%
	FRPT	B	0.02%
	MAS	D	0.02%
	RBC	A	0.02%
	TRU	D	0.02%
	PPC	C	0.02%
	SWK	D	0.02%
	QRVO	F	0.02%
	OKTA	C	0.02%
	HRL	D	0.02%
	ARMK	B	0.02%
	FCN	D	0.02%
	AZN	D	0.02%
	BAX	D	0.02%
	MDU	D	0.02%
	NVT	B	0.02%
	HOMB	A	0.02%
	OZK	B	0.02%
	ROKU	D	0.02%
	OLED	D	0.02%
	ONTO	D	0.02%
	CNM	D	0.02%
	NOV	C	0.02%
	HAS	D	0.02%
	SIGI	C	0.02%
	DAR	C	0.02%
	BRKR	D	0.02%
	BMI	B	0.02%
	HLI	B	0.02%
	ARES	A	0.02%
	FLR	B	0.02%
	GLOB	B	0.02%
	FE	C	0.02%
	OLLI	D	0.02%
	Z	A	0.02%
	LYV	A	0.02%
	MMSI	B	0.02%
	AMCR	D	0.02%
	MOG.A	B	0.02%
	CHE	D	0.02%
	FLS	B	0.02%
	DOCS	C	0.02%
	TOST	B	0.02%
	LFUS	F	0.02%
	TECH	D	0.02%
	SWX	B	0.02%
	ES	D	0.02%
	CCK	C	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%
	EL	F	0.02%
	DT	C	0.02%
	CNP	B	0.02%
	COOP	B	0.02%
	CG	A	0.02%
	NEM	D	0.02%
	ENTG	D	0.02%
	OSK	B	0.02%
	PINS	D	0.02%
	FOX	A	0.02%
	M	D	0.02%
	HESM	B	0.02%
	MGY	A	0.02%
	PCVX	D	0.02%
	NTRA	B	0.02%
	QLYS	C	0.02%
	TW	A	0.02%
	IVZ	B	0.02%
	SON	D	0.02%
	RVTY	F	0.02%
	THC	D	0.02%
	TMHC	B	0.02%
	AMKR	D	0.02%
	RVMD	C	0.02%
	MASI	A	0.02%
	CHDN	B	0.02%
	LBRDK	C	0.02%
	CADE	B	0.02%
	TRMB	B	0.02%
	ALLE	D	0.02%
	TPX	B	0.02%
	ERIE	D	0.02%
	ACM	A	0.02%
	RPRX	D	0.02%
	TFX	F	0.02%
	WLK	D	0.02%
	NI	A	0.02%
	PB	A	0.02%
	SATS	D	0.02%
	GFS	C	0.01%
	SNAP	C	0.01%
	LYFT	C	0.01%
	HEI	B	0.01%
	SEE	C	0.01%
	RMBS	C	0.01%
	ELF	C	0.01%
	FLUT	A	0.01%
	H	B	0.01%
	PAG	B	0.01%
	NEU	C	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	D	0.01%
	CFLT	B	0.01%
	TNET	D	0.01%
	CYTK	F	0.01%
	CHWY	B	0.01%
	LCID	F	0.01%
	AAL	B	0.01%
	GTLS	B	0.01%
	U	C	0.01%
	CWEN	C	0.01%
	TDW	F	0.01%
	EXAS	D	0.01%
	RGEN	D	0.01%
	LEN	D	0.01%
	VAL	D	0.01%
	NOVT	D	0.01%
	VERX	B	0.01%
	SUM	B	0.01%
	WYNN	D	0.01%
	CACC	D	0.01%
	PEN	B	0.01%
	WTRG	B	0.01%
	CAG	D	0.01%
	DKNG	B	0.01%
	NDSN	B	0.01%
	GXO	B	0.01%
	HQY	B	0.01%
	NXST	C	0.01%
	PATH	C	0.01%
	AVAV	D	0.01%
	NWS	B	0.01%
	HXL	D	0.01%
	ESAB	B	0.01%
	DDS	B	0.01%
	BRBR	A	0.01%
	PCOR	B	0.01%
	NPAB	B	0.01%
	ACHC	F	0.01%
	PSN	D	0.01%
	IPG	D	0.01%
	DLB	B	0.01%
	FOUR	B	0.01%
	HEI	B	0.01%
	GTLB	B	0.01%
	HSIC	B	0.01%
	BROS	B	0.01%
	MTN	C	0.01%
	SOLV	C	0.01%
	MKSI	C	0.01%
	KRYS	B	0.01%
	AGR	B	0.01%
	BILL	A	0.01%
	CWAN	B	0.01%
	RRR	D	0.01%
	LSCC	D	0.01%
	UI	A	0.01%
	CWST	A	0.01%
	SSNC	B	0.01%
	DUOL	A	0.01%
	MTCH	D	0.01%
	ATKR	C	0.01%
	BSY	D	0.01%
	BECN	B	0.01%
	VNT	B	0.01%
	USFD	A	0.01%
	APPF	B	0.01%
	AVTR	F	0.01%
	PARA	C	0.01%
	MARA	C	0.01%
	BOKF	B	0.01%
	SJM	D	0.01%
	GPN	B	0.01%
	J	F	0.01%
	RYAN	B	0.01%
	SRPT	D	0.01%
	BERY	B	0.01%
	MTSI	B	0.01%
	KBR	F	0.01%
	IDA	A	0.01%
	XP	F	0.01%
	LEVI	F	0.01%
	WEX	D	0.01%
	CRL	C	0.01%
	MGM	D	0.01%
	BEN	C	0.01%
	AZEK	A	0.01%
	MIDD	C	0.01%
	BCPC	B	0.01%
	ENPH	F	0.01%
	NFG	A	0.01%
	LUMN	C	0.01%
	AN	C	0.01%
	BYD	C	0.01%
	VVV	F	0.01%
	SPSC	C	0.01%
	WTS	B	0.01%
	BIO	D	0.01%
	TTEK	F	0.01%
	PLNT	A	0.01%
	ZWS	B	0.01%
	LNC	B	0.01%
	MDGL	B	0.01%
	MKC	D	0.01%
	WSC	D	0.01%
	GKOS	B	0.01%
	PFSI	D	0.01%
	SITE	D	0.01%
	WING	D	0.01%
	DVA	B	0.01%
	IOT	A	0.01%
	VKTX	F	0.01%
	AL	B	0.01%
	PBF	D	0.01%
	FTV	C	0.01%
	THO	B	0.01%
	ELAN	D	0.01%
	FIVE	F	0.01%
	SM	B	0.01%
	SMCI	F	0.01%
	CR	A	0.01%
	WH	B	0.01%
	ALB	C	0.01%
	LANC	C	0.01%
	ITCI	C	0.01%
	AUR	C	0.01%
	CELH	F	0.01%
	S	B	0.01%
	DPZ	C	0.01%
	CGNX	C	0.01%
	NVST	B	0.0%
	TPG	A	0.0%
	CRSP	D	0.0%
	WOLF	F	0.0%
	WHR	B	0.0%
	RARE	D	0.0%
	AGL	F	0.0%
	EMBC	C	0.0%
	KLG	C	0.0%
	HIMS	B	0.0%
	SEDG	F	0.0%
	COTY	F	0.0%
	FG	B	0.0%
	CNXC	F	0.0%
	FFIN	B	0.0%
	IMVT	F	0.0%
	DXC	B	0.0%
	RNA	D	0.0%
	SPB	C	0.0%
	TXG	F	0.0%
	SIRI	C	0.0%
	WBA	F	0.0%
	SAM	C	0.0%
	UGI	A	0.0%
	BRZE	C	0.0%
	CRVL	A	0.0%
	BBIO	F	0.0%
	GBCI	B	0.0%
	UHAL	D	0.0%
	AGO	B	0.0%
	APLS	D	0.0%
	IPGP	D	0.0%
	INFA	D	0.0%
	FNB	A	0.0%
	PLUG	F	0.0%
	ZI	D	0.0%
	ALKS	B	0.0%
	FIZZ	C	0.0%
	CWEN	C	0.0%
	TDC	D	0.0%
	HCP	B	0.0%
	CAR	C	0.0%
	EEFT	B	0.0%
	HRI	B	0.0%
	SNDR	B	0.0%
	WK	B	0.0%
	TENB	C	0.0%
	ALIT	C	0.0%
	FRHC	B	0.0%
	ST	F	0.0%
	LBRDA	C	0.0%
	OPCH	D	0.0%
	W	F	0.0%
	NFE	D	0.0%
	BIRK	D	0.0%
	OWL	A	0.0%
	CRDO	B	0.0%
	CZR	F	0.0%
	MMS	F	0.0%
	AMG	B	0.0%
	COLB	A	0.0%
	POST	C	0.0%
	ACT	D	0.0%
	ETSY	D	0.0%
	BFAM	D	0.0%
	XRAY	F	0.0%
	REYN	D	0.0%
	CNA	B	0.0%
	NUVL	D	0.0%
	DAY	B	0.0%
	RDDT	B	0.0%
	SAIC	F	0.0%
	ALGM	D	0.0%
	ZETA	D	0.0%
	RBRK	A	0.0%
	RH	B	0.0%
	SLGN	A	0.0%
	TKO	B	0.0%
	APG	B	0.0%
	BPMC	C	0.0%

AVLC Underweight 19 Positions Relative to HDUS

	Symbol	Grade	Weight
	LAMR	D	-0.76%
	KNF	A	-0.67%
	GLPI	C	-0.48%
	STWD	C	-0.47%
	IRM	D	-0.43%
	ADC	B	-0.34%
	SPG	B	-0.33%
	STAG	F	-0.33%
	AGNC	D	-0.33%
	OHI	C	-0.31%
	ESS	B	-0.23%
	NNN	D	-0.22%
	ACI	C	-0.16%
	AVB	B	-0.14%
	CUBE	D	-0.08%
	EQR	B	-0.08%
	FR	C	-0.02%
	RYN	D	-0.01%
	EGP	F	-0.01%

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

HDUS: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Specialty Retail Asset Management Business Services Drug Manufacturers - Major Capital Markets Medical Devices Restaurants Utilities - Regulated Electric Diversified Industrials Information Technology Services Insurance - Property & Casualty Oil & Gas Midstream Specialty Chemicals Auto Parts Banks - Global Oil & Gas E&P REIT - Industrial

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Insurance Electronics Mobile Devices Natural Gas Medicine Real Estate Investment Trust Work From Home Cloud Computing Semiconductor Integrated Circuits Investment Bank Aerospace Bank Banking Mining Pharmaceutical Products