AVLC vs. IVE ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares S&P 500 Value ETF (IVE)

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

$69.36

Average Daily Volume

18,758

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500Â® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$201.47

Average Daily Volume

511,369

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	IVE
30 Days	2.83%	0.84%
60 Days	7.80%	4.31%
90 Days	9.13%	6.93%
12 Months	34.06%	27.28%

403 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in IVE	Overlap
A	F	0.06%	0.19%	0.06%
ABBV	D	0.45%	1.03%	0.45%
ABNB	C	0.08%	0.14%	0.08%
ABT	C	0.2%	0.94%	0.2%
ACN	C	0.31%	0.48%	0.31%
ADI	F	0.16%	0.21%	0.16%
ADM	F	0.11%	0.12%	0.11%
ADP	A	0.36%	0.35%	0.35%
ADSK	A	0.09%	0.15%	0.09%
AEE	A	0.08%	0.11%	0.08%
AEP	D	0.14%	0.24%	0.14%
AES	F	0.06%	0.04%	0.04%
AFL	C	0.19%	0.25%	0.19%
AIG	B	0.21%	0.23%	0.21%
AIZ	A	0.05%	0.05%	0.05%
AJG	A	0.05%	0.15%	0.05%
AKAM	F	0.04%	0.03%	0.03%
ALB	B	0.01%	0.05%	0.01%
ALGN	F	0.04%	0.03%	0.03%
ALL	A	0.19%	0.24%	0.19%
ALLE	D	0.02%	0.04%	0.02%
AMCR	D	0.02%	0.07%	0.02%
AME	A	0.05%	0.11%	0.05%
AMGN	F	0.21%	0.81%	0.21%
AMP	A	0.26%	0.12%	0.12%
ANSS	B	0.04%	0.06%	0.04%
AON	A	0.09%	0.19%	0.09%
AOS	F	0.04%	0.02%	0.02%
APD	B	0.22%	0.32%	0.22%
APH	B	0.13%	0.18%	0.13%
APTV	D	0.04%	0.07%	0.04%
ATO	A	0.05%	0.1%	0.05%
AVY	F	0.03%	0.08%	0.03%
AWK	D	0.03%	0.12%	0.03%
AXP	B	0.4%	0.22%	0.22%
AZO	C	0.05%	0.08%	0.05%
BA	F	0.06%	0.29%	0.06%
BAC	A	0.41%	1.41%	0.41%
BALL	D	0.06%	0.09%	0.06%
BAX	F	0.02%	0.08%	0.02%
BBY	D	0.12%	0.08%	0.08%
BDX	D	0.05%	0.31%	0.05%
BEN	C	0.01%	0.03%	0.01%
BG	D	0.08%	0.06%	0.06%
BIIB	F	0.03%	0.12%	0.03%
BK	B	0.18%	0.26%	0.18%
BKR	B	0.18%	0.2%	0.18%
BMY	B	0.17%	0.51%	0.17%
BR	A	0.04%	0.05%	0.04%
BRK.A	B	0.66%	3.94%	0.66%
BRO	A	0.02%	0.03%	0.02%
BSX	A	0.12%	0.27%	0.12%
BWA	B	0.05%	0.04%	0.04%
BX	A	0.1%	0.17%	0.1%
C	A	0.22%	0.61%	0.22%
CAG	F	0.01%	0.06%	0.01%
CAH	A	0.03%	0.14%	0.03%
CARR	C	0.06%	0.16%	0.06%
CAT	C	0.55%	0.37%	0.37%
CB	C	0.22%	0.49%	0.22%
CBOE	D	0.03%	0.03%	0.03%
CBRE	A	0.06%	0.19%	0.06%
CCL	A	0.12%	0.03%	0.03%
CDW	F	0.05%	0.07%	0.05%
CEG	D	0.12%	0.19%	0.12%
CF	B	0.09%	0.03%	0.03%
CFG	B	0.08%	0.1%	0.08%
CHD	B	0.05%	0.07%	0.05%
CHRW	A	0.02%	0.06%	0.02%
CHTR	B	0.05%	0.1%	0.05%
CI	D	0.07%	0.41%	0.07%
CINF	A	0.07%	0.11%	0.07%
CL	F	0.18%	0.21%	0.18%
CLX	A	0.06%	0.1%	0.06%
CMCSA	B	0.38%	0.79%	0.38%
CME	A	0.11%	0.24%	0.11%
CMI	A	0.2%	0.23%	0.2%
CMS	C	0.06%	0.09%	0.06%
CNC	F	0.08%	0.15%	0.08%
CNP	B	0.02%	0.09%	0.02%
COF	B	0.23%	0.33%	0.23%
COP	C	0.38%	0.19%	0.19%
COR	A	0.09%	0.2%	0.09%
COST	B	0.93%	1.13%	0.93%
CPB	F	0.01%	0.04%	0.01%
CRL	C	0.01%	0.05%	0.01%
CSCO	A	0.3%	1.08%	0.3%
CSGP	D	0.04%	0.08%	0.04%
CSX	B	0.26%	0.16%	0.16%
CTAS	A	0.11%	0.16%	0.11%
CTLT	D	0.03%	0.05%	0.03%
CTRA	B	0.1%	0.03%	0.03%
CTSH	A	0.12%	0.18%	0.12%
CTVA	C	0.08%	0.19%	0.08%
CVS	F	0.05%	0.32%	0.05%
CVX	B	0.63%	1.24%	0.63%
CZR	F	0.0%	0.02%	0.0%
D	D	0.05%	0.22%	0.05%
DAL	A	0.22%	0.08%	0.08%
DAY	C	0.0%	0.03%	0.0%
DD	D	0.07%	0.16%	0.07%
DE	D	0.32%	0.2%	0.2%
DELL	B	0.06%	0.08%	0.06%
DFS	B	0.08%	0.09%	0.08%
DG	F	0.06%	0.08%	0.06%
DGX	A	0.01%	0.08%	0.01%
DHR	F	0.13%	0.73%	0.13%
DIS	B	0.17%	0.83%	0.17%
DLTR	F	0.07%	0.06%	0.06%
DOV	A	0.03%	0.13%	0.03%
DOW	F	0.15%	0.15%	0.15%
DPZ	C	0.02%	0.04%	0.02%
DRI	B	0.1%	0.04%	0.04%
DTE	D	0.07%	0.11%	0.07%
DUK	D	0.16%	0.41%	0.16%
DVA	C	0.01%	0.01%	0.01%
DVN	F	0.14%	0.11%	0.11%
DXCM	C	0.04%	0.05%	0.04%
EA	A	0.06%	0.1%	0.06%
EBAY	C	0.14%	0.14%	0.14%
ECL	C	0.06%	0.14%	0.06%
ED	D	0.09%	0.16%	0.09%
EFX	D	0.02%	0.09%	0.02%
EG	D	0.07%	0.07%	0.07%
EIX	C	0.09%	0.15%	0.09%
EL	F	0.02%	0.07%	0.02%
ELV	F	0.14%	0.45%	0.14%
EMN	D	0.05%	0.06%	0.05%
EMR	A	0.05%	0.34%	0.05%
ENPH	F	0.01%	0.03%	0.01%
EOG	A	0.28%	0.12%	0.12%
EPAM	B	0.04%	0.04%	0.04%
EQT	B	0.1%	0.11%	0.1%
ERIE	F	0.03%	0.02%	0.02%
ES	D	0.02%	0.1%	0.02%
ETN	A	0.14%	0.26%	0.14%
ETR	B	0.12%	0.15%	0.12%
EVRG	A	0.05%	0.07%	0.05%
EW	D	0.08%	0.12%	0.08%
EXC	C	0.1%	0.18%	0.1%
EXPD	D	0.09%	0.05%	0.05%
F	C	0.2%	0.2%	0.2%
FAST	A	0.2%	0.11%	0.11%
FCX	F	0.21%	0.15%	0.15%
FDS	A	0.04%	0.04%	0.04%
FDX	B	0.25%	0.3%	0.25%
FE	D	0.02%	0.1%	0.02%
FFIV	A	0.03%	0.07%	0.03%
FI	A	0.07%	0.27%	0.07%
FIS	B	0.06%	0.22%	0.06%
FITB	A	0.13%	0.15%	0.13%
FMC	F	0.04%	0.03%	0.03%
FOX	A	0.02%	0.03%	0.02%
FOXA	A	0.04%	0.05%	0.04%
FSLR	F	0.11%	0.1%	0.1%
GD	A	0.05%	0.37%	0.05%
GE	C	0.19%	0.53%	0.19%
GEHC	F	0.03%	0.18%	0.03%
GEV	B	0.14%	0.25%	0.14%
GILD	C	0.38%	0.56%	0.38%
GIS	F	0.03%	0.17%	0.03%
GL	B	0.06%	0.05%	0.05%
GLW	C	0.09%	0.17%	0.09%
GM	A	0.29%	0.29%	0.29%
GNRC	B	0.06%	0.02%	0.02%
GPC	D	0.06%	0.08%	0.06%
GPN	B	0.01%	0.13%	0.01%
GRMN	A	0.09%	0.07%	0.07%
GS	B	0.43%	0.86%	0.43%
GWW	B	0.23%	0.06%	0.06%
HAL	C	0.13%	0.12%	0.12%
HAS	D	0.02%	0.04%	0.02%
HBAN	B	0.11%	0.12%	0.11%
HCA	D	0.06%	0.16%	0.06%
HD	B	0.56%	1.18%	0.56%
HIG	C	0.19%	0.16%	0.16%
HII	D	0.04%	0.04%	0.04%
HOLX	D	0.03%	0.08%	0.03%
HON	B	0.14%	0.66%	0.14%
HPE	B	0.08%	0.13%	0.08%
HPQ	B	0.05%	0.17%	0.05%
HRL	F	0.02%	0.04%	0.02%
HSIC	F	0.01%	0.04%	0.01%
HSY	D	0.09%	0.07%	0.07%
HUBB	B	0.04%	0.06%	0.04%
HUM	D	0.05%	0.16%	0.05%
HWM	A	0.05%	0.09%	0.05%
IBM	C	0.27%	0.91%	0.27%
ICE	D	0.07%	0.42%	0.07%
IDXX	D	0.11%	0.07%	0.07%
IEX	B	0.03%	0.08%	0.03%
IFF	F	0.06%	0.11%	0.06%
INCY	B	0.03%	0.06%	0.03%
INTC	C	0.17%	0.52%	0.17%
IP	C	0.13%	0.09%	0.09%
IPG	F	0.01%	0.05%	0.01%
IQV	F	0.04%	0.11%	0.04%
IR	A	0.05%	0.04%	0.04%
ISRG	A	0.17%	0.3%	0.17%
ITW	A	0.12%	0.18%	0.12%
IVZ	C	0.02%	0.04%	0.02%
J	B	0.01%	0.08%	0.01%
JBHT	B	0.08%	0.07%	0.07%
JBL	C	0.11%	0.03%	0.03%
JCI	A	0.04%	0.26%	0.04%
JKHY	C	0.04%	0.06%	0.04%
JNJ	D	0.6%	1.74%	0.6%
JNPR	D	0.02%	0.06%	0.02%
JPM	B	1.17%	3.13%	1.17%
K	A	0.03%	0.1%	0.03%
KDP	D	0.05%	0.17%	0.05%
KEY	B	0.06%	0.08%	0.06%
KEYS	C	0.07%	0.13%	0.07%
KHC	F	0.05%	0.13%	0.05%
KMB	F	0.14%	0.21%	0.14%
KMI	B	0.1%	0.24%	0.1%
KMX	C	0.05%	0.05%	0.05%
KO	F	0.4%	0.7%	0.4%
KR	A	0.2%	0.18%	0.18%
KVUE	B	0.06%	0.21%	0.06%
L	A	0.07%	0.07%	0.07%
LDOS	B	0.03%	0.12%	0.03%
LEN	D	0.01%	0.08%	0.01%
LEN	D	0.18%	0.08%	0.08%
LH	A	0.04%	0.09%	0.04%
LHX	A	0.03%	0.23%	0.03%
LIN	D	0.21%	0.49%	0.21%
LKQ	D	0.01%	0.05%	0.01%
LMT	C	0.22%	0.56%	0.22%
LNT	C	0.03%	0.07%	0.03%
LOW	B	0.12%	0.72%	0.12%
LUV	B	0.08%	0.09%	0.08%
LVS	C	0.09%	0.03%	0.03%
LW	C	0.02%	0.02%	0.02%
LYB	F	0.12%	0.1%	0.1%
MA	B	0.65%	0.56%	0.56%
MAS	D	0.02%	0.04%	0.02%
MCD	C	0.16%	0.56%	0.16%
MCHP	F	0.05%	0.07%	0.05%
MCK	A	0.07%	0.37%	0.07%
MCO	C	0.1%	0.18%	0.1%
MDLZ	F	0.09%	0.24%	0.09%
MDT	D	0.12%	0.52%	0.12%
MET	C	0.2%	0.22%	0.2%
MGM	D	0.01%	0.01%	0.01%
MHK	D	0.05%	0.04%	0.04%
MKC	D	0.01%	0.09%	0.01%
MKTX	C	0.05%	0.05%	0.05%
MLM	B	0.14%	0.06%	0.06%
MMC	C	0.09%	0.25%	0.09%
MMM	C	0.19%	0.34%	0.19%
MNST	B	0.03%	0.07%	0.03%
MO	A	0.08%	0.43%	0.08%
MOH	F	0.07%	0.04%	0.04%
MOS	D	0.05%	0.04%	0.04%
MPC	D	0.22%	0.11%	0.11%
MRK	F	0.33%	0.73%	0.33%
MRNA	F	0.03%	0.07%	0.03%
MRO	B	0.11%	0.03%	0.03%
MS	A	0.34%	0.75%	0.34%
MSCI	B	0.04%	0.09%	0.04%
MSI	B	0.21%	0.16%	0.16%
MTB	B	0.11%	0.16%	0.11%
MTCH	F	0.01%	0.04%	0.01%
MTD	F	0.03%	0.08%	0.03%
MU	D	0.2%	0.58%	0.2%
NDAQ	A	0.02%	0.15%	0.02%
NDSN	B	0.01%	0.07%	0.01%
NEE	D	0.07%	0.73%	0.07%
NEM	F	0.02%	0.24%	0.02%
NI	A	0.02%	0.07%	0.02%
NKE	F	0.17%	0.24%	0.17%
NOC	C	0.05%	0.34%	0.05%
NRG	B	0.06%	0.09%	0.06%
NSC	B	0.22%	0.28%	0.22%
NTAP	D	0.07%	0.07%	0.07%
NTRS	A	0.11%	0.1%	0.1%
NUE	C	0.17%	0.06%	0.06%
NWS	B	0.01%	0.02%	0.01%
NWSA	B	0.03%	0.05%	0.03%
NXPI	F	0.08%	0.07%	0.07%
OKE	A	0.19%	0.11%	0.11%
OMC	B	0.02%	0.09%	0.02%
ON	F	0.13%	0.08%	0.08%
ORLY	A	0.07%	0.09%	0.07%
OTIS	C	0.04%	0.11%	0.04%
OXY	D	0.15%	0.16%	0.15%
PARA	C	0.01%	0.03%	0.01%
PAYC	B	0.07%	0.03%	0.03%
PAYX	B	0.17%	0.13%	0.13%
PCAR	B	0.24%	0.07%	0.07%
PCG	A	0.13%	0.2%	0.13%
PEG	C	0.09%	0.2%	0.09%
PEP	D	0.27%	0.67%	0.27%
PFE	F	0.15%	0.7%	0.15%
PFG	C	0.09%	0.08%	0.08%
PG	C	0.39%	1.12%	0.39%
PGR	A	0.45%	0.36%	0.36%
PH	A	0.09%	0.09%	0.09%
PKG	B	0.12%	0.1%	0.1%
PM	C	0.18%	0.57%	0.18%
PNC	B	0.22%	0.38%	0.22%
PNR	A	0.01%	0.02%	0.01%
PNW	B	0.05%	0.05%	0.05%
PODD	B	0.03%	0.05%	0.03%
POOL	D	0.08%	0.03%	0.03%
PPG	F	0.05%	0.14%	0.05%
PPL	A	0.07%	0.11%	0.07%
PRU	B	0.18%	0.2%	0.18%
PSX	D	0.19%	0.25%	0.19%
PTC	B	0.03%	0.04%	0.03%
PWR	B	0.09%	0.07%	0.07%
PYPL	A	0.3%	0.39%	0.3%
QCOM	F	0.52%	0.42%	0.42%
QRVO	F	0.02%	0.03%	0.02%
REGN	F	0.14%	0.16%	0.14%
RF	B	0.08%	0.11%	0.08%
RJF	A	0.11%	0.14%	0.11%
RL	B	0.06%	0.02%	0.02%
RMD	C	0.07%	0.17%	0.07%
ROK	B	0.04%	0.07%	0.04%
ROL	B	0.03%	0.04%	0.03%
ROP	A	0.09%	0.16%	0.09%
RSG	A	0.03%	0.09%	0.03%
RTX	C	0.16%	0.76%	0.16%
RVTY	C	0.02%	0.07%	0.02%
SBUX	B	0.09%	0.21%	0.09%
SCHW	A	0.2%	0.51%	0.2%
SHW	A	0.14%	0.21%	0.14%
SJM	F	0.01%	0.06%	0.01%
SLB	C	0.09%	0.28%	0.09%
SNA	A	0.08%	0.05%	0.05%
SO	D	0.12%	0.45%	0.12%
SOLV	D	0.01%	0.05%	0.01%
SPGI	C	0.09%	0.42%	0.09%
SRE	A	0.07%	0.27%	0.07%
STE	F	0.04%	0.04%	0.04%
STLD	B	0.13%	0.04%	0.04%
STT	B	0.1%	0.13%	0.1%
STX	D	0.03%	0.06%	0.03%
STZ	D	0.05%	0.17%	0.05%
SW	C	0.1%	0.12%	0.1%
SWK	F	0.02%	0.06%	0.02%
SWKS	F	0.07%	0.07%	0.07%
SYF	B	0.15%	0.12%	0.12%
SYK	A	0.11%	0.21%	0.11%
SYY	B	0.07%	0.18%	0.07%
T	A	0.42%	0.74%	0.42%
TAP	B	0.04%	0.05%	0.04%
TDY	A	0.03%	0.11%	0.03%
TECH	B	0.02%	0.06%	0.02%
TER	F	0.05%	0.08%	0.05%
TFC	B	0.19%	0.28%	0.19%
TFX	F	0.03%	0.04%	0.03%
TGT	C	0.28%	0.32%	0.28%
TJX	B	0.43%	0.22%	0.22%
TMO	F	0.15%	0.61%	0.15%
TMUS	A	0.3%	0.53%	0.3%
TPR	B	0.08%	0.06%	0.06%
TRMB	B	0.02%	0.08%	0.02%
TROW	B	0.1%	0.12%	0.1%
TRV	B	0.26%	0.27%	0.26%
TSCO	C	0.18%	0.08%	0.08%
TSN	C	0.04%	0.08%	0.04%
TT	A	0.13%	0.13%	0.13%
TTWO	A	0.03%	0.07%	0.03%
TXN	C	0.28%	0.59%	0.28%
TXT	C	0.05%	0.08%	0.05%
UAL	B	0.18%	0.13%	0.13%
UHS	D	0.06%	0.06%	0.06%
ULTA	C	0.11%	0.03%	0.03%
UNH	B	0.36%	1.63%	0.36%
UNP	C	0.48%	0.38%	0.38%
UPS	C	0.19%	0.45%	0.19%
USB	A	0.22%	0.36%	0.22%
V	A	0.58%	0.81%	0.58%
VLO	D	0.16%	0.2%	0.16%
VLTO	C	0.06%	0.12%	0.06%
VMC	B	0.05%	0.06%	0.05%
VRSK	A	0.12%	0.08%	0.08%
VRSN	C	0.02%	0.04%	0.02%
VRTX	B	0.25%	0.22%	0.22%
VTRS	B	0.09%	0.07%	0.07%
VZ	C	0.44%	0.79%	0.44%
WAB	A	0.04%	0.16%	0.04%
WAT	A	0.05%	0.07%	0.05%
WBA	D	0.0%	0.03%	0.0%
WBD	B	0.03%	0.09%	0.03%
WDC	D	0.03%	0.11%	0.03%
WEC	B	0.04%	0.14%	0.04%
WFC	A	0.53%	1.11%	0.53%
WM	A	0.12%	0.2%	0.12%
WMB	B	0.29%	0.19%	0.19%
WMT	A	0.63%	1.71%	0.63%
WRB	B	0.07%	0.08%	0.07%
WTW	A	0.02%	0.15%	0.02%
XEL	A	0.11%	0.17%	0.11%
XOM	B	1.04%	2.49%	1.04%
XYL	D	0.04%	0.14%	0.04%
YUM	B	0.04%	0.1%	0.04%
ZBH	C	0.05%	0.1%	0.05%
ZBRA	A	0.03%	0.1%	0.03%
ZTS	D	0.2%	0.17%	0.17%

AVLC Overweight 572 Positions Relative to IVE

Symbol	Grade	Weight
AAPL	C	5.32%
NVDA	B	4.93%
MSFT	C	4.41%
AMZN	A	2.98%
META	B	2.31%
GOOGL	B	1.59%
GOOG	B	1.32%
AVGO	C	1.18%
LLY	F	0.78%
TSLA	B	0.7%
NFLX	A	0.47%
ORCL	A	0.42%
CRM	B	0.4%
AMAT	F	0.38%
LRCX	F	0.37%
MELI	D	0.36%
AMD	F	0.34%
ADBE	C	0.31%
NOW	A	0.29%
INTU	A	0.26%
TRGP	B	0.26%
RCL	A	0.26%
CMG	B	0.23%
ROST	F	0.22%
KLAC	F	0.22%
LNG	B	0.22%
URI	B	0.2%
HES	C	0.19%
FTNT	B	0.19%
PANW	A	0.18%
ANET	C	0.17%
FANG	D	0.17%
DECK	B	0.16%
APO	B	0.16%
PLTR	B	0.16%
EME	B	0.15%
LULU	C	0.15%
KKR	B	0.15%
APP	B	0.14%
ODFL	B	0.14%
ACGL	D	0.14%
VRT	B	0.13%
BKNG	A	0.13%
CSL	B	0.13%
TPL	B	0.13%
CDNS	B	0.12%
CPNG	B	0.12%
SNPS	B	0.12%
WSM	F	0.12%
MKL	A	0.12%
FCNCA	B	0.12%
PHM	D	0.12%
VST	B	0.12%
DHI	F	0.12%
MRVL	B	0.11%
BURL	C	0.11%
SFM	B	0.11%
LII	B	0.1%
UBER	F	0.1%
LPLA	B	0.1%
RPM	A	0.1%
FIX	B	0.1%
UTHR	B	0.1%
NVR	D	0.1%
OC	A	0.1%
CRWD	B	0.1%
FLEX	B	0.1%
CVNA	B	0.09%
EQH	B	0.09%
IT	A	0.09%
TXRH	A	0.09%
CPRT	A	0.09%
WDAY	B	0.08%
RNR	D	0.08%
EXP	B	0.08%
JEF	A	0.08%
BJ	B	0.08%
FNF	C	0.08%
DKS	F	0.08%
EWBC	B	0.08%
NCLH	B	0.08%
FTI	B	0.08%
CASY	B	0.08%
WCC	B	0.07%
SAIA	B	0.07%
MUSA	B	0.07%
MSTR	B	0.07%
INGR	B	0.07%
JXN	B	0.07%
WMS	F	0.07%
TOL	C	0.07%
TDG	B	0.07%
MLI	B	0.07%
PRI	A	0.07%
BLDR	D	0.07%
FICO	B	0.07%
COIN	B	0.07%
GDDY	A	0.07%
RGA	A	0.07%
RS	B	0.07%
OVV	C	0.07%
CRBG	C	0.06%
COKE	C	0.06%
WAL	B	0.06%
CMA	A	0.06%
AFG	A	0.06%
PR	C	0.06%
TTD	B	0.06%
BWXT	A	0.06%
LNTH	F	0.06%
MPWR	F	0.06%
ATI	D	0.06%
SQ	B	0.06%
ALLY	C	0.06%
MANH	C	0.06%
SPOT	A	0.06%
LECO	C	0.06%
DASH	A	0.06%
DCI	A	0.06%
GPK	D	0.06%
PFGC	B	0.06%
LPX	B	0.06%
ANF	D	0.06%
VMI	B	0.05%
ENSG	C	0.05%
WBS	A	0.05%
WTFC	B	0.05%
HUBS	B	0.05%
JLL	C	0.05%
SNOW	C	0.05%
RHI	B	0.05%
CROX	F	0.05%
MTDR	C	0.05%
WFRD	D	0.05%
WST	B	0.05%
VEEV	B	0.05%
SKX	F	0.05%
DOCU	B	0.05%
ZION	B	0.05%
TEAM	B	0.05%
ALV	C	0.05%
MAR	A	0.05%
HOOD	B	0.05%
AIT	A	0.05%
CBT	C	0.05%
ARW	F	0.05%
KNSL	C	0.05%
GGG	B	0.05%
R	A	0.05%
AXS	A	0.05%
WSO	A	0.05%
DDOG	B	0.05%
FYBR	D	0.05%
UFPI	B	0.05%
CHRD	F	0.05%
FND	F	0.05%
HLT	A	0.05%
UNM	A	0.05%
ATR	A	0.05%
VFC	C	0.04%
CIVI	F	0.04%
AWI	B	0.04%
AA	C	0.04%
KEX	B	0.04%
CPAY	A	0.04%
EVR	B	0.04%
NBIX	C	0.04%
SSD	D	0.04%
SOFI	B	0.04%
ALNY	D	0.04%
KNX	B	0.04%
DINO	D	0.04%
HRB	D	0.04%
AGCO	F	0.04%
XPO	B	0.04%
CLF	D	0.04%
CMC	B	0.04%
SNX	C	0.04%
ILMN	C	0.04%
WCN	A	0.04%
OGE	B	0.04%
NET	B	0.04%
JAZZ	B	0.04%
KD	A	0.04%
TYL	B	0.04%
MTG	C	0.04%
FN	B	0.04%
AXON	B	0.04%
CRUS	F	0.04%
PSTG	D	0.04%
TREX	C	0.04%
ITT	A	0.04%
NSIT	F	0.04%
RRC	B	0.04%
AXTA	A	0.04%
FHN	A	0.04%
CBSH	A	0.04%
CRS	B	0.04%
CLH	B	0.04%
KBH	D	0.04%
GAP	B	0.04%
LSTR	B	0.04%
EXPE	B	0.04%
AAON	B	0.04%
AYI	B	0.04%
ZM	B	0.04%
SF	B	0.04%
CHX	D	0.04%
OMF	A	0.04%
CFR	B	0.04%
ORI	A	0.04%
LAD	B	0.03%
RPRX	F	0.03%
DY	C	0.03%
GWRE	A	0.03%
BCC	B	0.03%
MOD	C	0.03%
RLI	A	0.03%
SCI	B	0.03%
RIVN	D	0.03%
GMED	B	0.03%
FAF	C	0.03%
WLK	F	0.03%
DOX	C	0.03%
ZS	B	0.03%
BLD	F	0.03%
IBP	F	0.03%
COHR	B	0.03%
PEGA	A	0.03%
TKR	F	0.03%
ENLC	B	0.03%
MDB	C	0.03%
OLN	D	0.03%
HALO	B	0.03%
NU	B	0.03%
UHAL	C	0.03%
HLNE	B	0.03%
NYT	C	0.03%
VOYA	B	0.03%
WWD	B	0.03%
MTZ	B	0.03%
EXPO	D	0.03%
BMRN	F	0.03%
GNTX	C	0.03%
ESNT	D	0.03%
SATS	C	0.03%
EHC	A	0.03%
MUR	F	0.03%
AM	B	0.03%
PVH	C	0.03%
X	C	0.03%
AR	B	0.03%
SEIC	A	0.03%
EXEL	B	0.03%
CW	B	0.03%
ALK	A	0.03%
BPOP	C	0.03%
RGLD	C	0.03%
MAT	C	0.03%
CIEN	B	0.03%
PNFP	B	0.03%
SSB	B	0.03%
TWLO	A	0.03%
CVLT	A	0.03%
LEA	F	0.03%
APA	F	0.03%
ONB	B	0.03%
TTC	F	0.03%
BAH	C	0.03%
SNV	B	0.03%
DTM	B	0.03%
ITCI	C	0.02%
EXLS	B	0.02%
LANC	C	0.02%
PCTY	A	0.02%
FIVE	F	0.02%
AUR	D	0.02%
ROIV	C	0.02%
MSA	D	0.02%
CGNX	C	0.02%
FRPT	B	0.02%
INSM	D	0.02%
PPC	B	0.02%
BC	C	0.02%
CHH	B	0.02%
RBC	B	0.02%
OKTA	C	0.02%
CELH	F	0.02%
DOCS	B	0.02%
MDU	F	0.02%
TOST	A	0.02%
VKTX	D	0.02%
AZN	F	0.02%
TRU	D	0.02%
ARMK	B	0.02%
HOMB	A	0.02%
LNW	F	0.02%
FCN	F	0.02%
ROKU	C	0.02%
FSS	C	0.02%
SMCI	F	0.02%
OZK	B	0.02%
ALSN	A	0.02%
NVT	B	0.02%
NTRA	B	0.02%
DAR	B	0.02%
SIGI	B	0.02%
HLI	B	0.02%
BMI	B	0.02%
Z	B	0.02%
NOV	C	0.02%
GLOB	B	0.02%
ARES	B	0.02%
LYV	B	0.02%
JHG	B	0.02%
FLS	B	0.02%
CHE	D	0.02%
SWX	B	0.02%
ONTO	F	0.02%
MMSI	B	0.02%
SN	C	0.02%
MOG.A	B	0.02%
OLED	F	0.02%
CNM	D	0.02%
BRKR	F	0.02%
CCK	D	0.02%
OLLI	C	0.02%
LFUS	D	0.02%
DT	C	0.02%
COOP	B	0.02%
CSWI	B	0.02%
CG	C	0.02%
OSK	B	0.02%
FBIN	F	0.02%
MGY	B	0.02%
ENTG	D	0.02%
MTH	D	0.02%
FLR	C	0.02%
HESM	D	0.02%
SON	D	0.02%
QLYS	B	0.02%
TW	C	0.02%
CADE	B	0.02%
MASI	B	0.02%
PCVX	D	0.02%
THC	B	0.02%
TMHC	C	0.02%
G	B	0.02%
RVMD	B	0.02%
IBKR	A	0.02%
TPX	B	0.02%
PB	B	0.02%
M	D	0.02%
ACM	B	0.02%
CHDN	C	0.02%
NTNX	B	0.02%
GME	C	0.02%
LBRDK	C	0.02%
AMKR	F	0.02%
PINS	F	0.02%
MEDP	C	0.02%
AFRM	B	0.02%
LYFT	B	0.01%
SEE	C	0.01%
BPMC	B	0.01%
H	B	0.01%
PAG	B	0.01%
GFS	C	0.01%
RMBS	B	0.01%
NEU	C	0.01%
IONS	F	0.01%
SNAP	C	0.01%
ZG	B	0.01%
CFLT	B	0.01%
CHWY	B	0.01%
ADTN	B	0.01%
TNET	D	0.01%
GTLS	A	0.01%
SMMT	D	0.01%
BBWI	C	0.01%
RRX	C	0.01%
AAL	B	0.01%
CYTK	C	0.01%
RGEN	C	0.01%
PI	D	0.01%
NPAB	F	0.01%
LCID	F	0.01%
BILL	A	0.01%
CWEN	D	0.01%
EXAS	F	0.01%
VAL	F	0.01%
VERX	B	0.01%
DKNG	B	0.01%
UI	B	0.01%
SUM	C	0.01%
ALTR	C	0.01%
PEN	B	0.01%
NOVT	C	0.01%
CE	F	0.01%
WYNN	F	0.01%
CACC	D	0.01%
U	F	0.01%
WTRG	C	0.01%
PATH	C	0.01%
GXO	B	0.01%
TDW	F	0.01%
BRBR	A	0.01%
HEI	B	0.01%
PCOR	B	0.01%
ZETA	D	0.01%
HQY	B	0.01%
HXL	D	0.01%
BROS	B	0.01%
FOUR	B	0.01%
AVAV	C	0.01%
PSN	B	0.01%
ESAB	B	0.01%
MTN	D	0.01%
MORN	B	0.01%
DDS	C	0.01%
ESTC	C	0.01%
GTLB	B	0.01%
DLB	C	0.01%
AGR	C	0.01%
ACHC	F	0.01%
KRYS	B	0.01%
CWST	A	0.01%
NXST	C	0.01%
MKSI	C	0.01%
SSNC	C	0.01%
DUOL	B	0.01%
MARA	C	0.01%
DBX	B	0.01%
VRNS	D	0.01%
CWAN	B	0.01%
RRR	F	0.01%
LSCC	D	0.01%
BECN	B	0.01%
APPF	B	0.01%
USFD	A	0.01%
BSY	F	0.01%
BOKF	B	0.01%
VNT	B	0.01%
CACI	C	0.01%
RYAN	A	0.01%
ATKR	D	0.01%
IDA	A	0.01%
OGN	F	0.01%
RBLX	B	0.01%
AVTR	F	0.01%
BERY	C	0.01%
KBR	B	0.01%
SRPT	F	0.01%
LEVI	F	0.01%
AZEK	B	0.01%
NFG	C	0.01%
WEX	D	0.01%
XP	F	0.01%
MTSI	B	0.01%
BCPC	B	0.01%
BYD	A	0.01%
MIDD	C	0.01%
AN	C	0.01%
WTS	B	0.01%
SPSC	D	0.01%
PLNT	A	0.01%
LUMN	B	0.01%
GKOS	A	0.01%
VVV	B	0.01%
SMAR	A	0.01%
ZWS	B	0.01%
TTEK	C	0.01%
WING	D	0.01%
BIO	C	0.01%
AL	B	0.01%
LNC	B	0.01%
IOT	B	0.01%
PFSI	D	0.01%
FTV	D	0.01%
SITE	D	0.01%
PBF	F	0.01%
SM	C	0.01%
CR	B	0.01%
WH	A	0.01%
WSC	F	0.01%
THO	B	0.01%
ELAN	D	0.01%
MDGL	C	0.01%
S	B	0.01%
NVST	C	0.0%
TPG	B	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
WHR	B	0.0%
RARE	D	0.0%
HIMS	B	0.0%
EMBC	B	0.0%
KLG	D	0.0%
COTY	F	0.0%
AGL	F	0.0%
FG	B	0.0%
SEDG	F	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
RNA	B	0.0%
DXC	B	0.0%
IMVT	D	0.0%
SPB	B	0.0%
SIRI	D	0.0%
TXG	F	0.0%
SAM	B	0.0%
BRZE	C	0.0%
UGI	D	0.0%
CRVL	B	0.0%
GBCI	B	0.0%
AGO	B	0.0%
BBIO	F	0.0%
UHAL	C	0.0%
APLS	F	0.0%
IPGP	C	0.0%
FNB	A	0.0%
INFA	D	0.0%
ALKS	B	0.0%
FIZZ	B	0.0%
PLUG	D	0.0%
ZI	D	0.0%
CAR	C	0.0%
TDC	D	0.0%
RDN	C	0.0%
CWEN	D	0.0%
HCP	A	0.0%
EEFT	C	0.0%
HRI	B	0.0%
SNDR	B	0.0%
WK	B	0.0%
ALIT	B	0.0%
TENB	C	0.0%
FRHC	A	0.0%
FLO	F	0.0%
ST	F	0.0%
OPCH	F	0.0%
LBRDA	C	0.0%
W	F	0.0%
NFE	F	0.0%
BIRK	F	0.0%
OWL	B	0.0%
ESI	B	0.0%
CRDO	B	0.0%
INSP	F	0.0%
AMG	B	0.0%
MMS	D	0.0%
ACT	C	0.0%
COLB	B	0.0%
POST	D	0.0%
ETSY	C	0.0%
XRAY	F	0.0%
REYN	D	0.0%
TMDX	F	0.0%
BFAM	F	0.0%
CNA	C	0.0%
RDDT	B	0.0%
NUVL	D	0.0%
SAIC	C	0.0%
ALGM	F	0.0%
RBRK	B	0.0%
SLGN	A	0.0%
TKO	D	0.0%
RH	C	0.0%
FLUT	A	0.0%
HEI	B	0.0%
ELF	C	0.0%
APG	B	0.0%

AVLC Underweight 34 Positions Relative to IVE

Symbol	Grade	Weight
BLK	B	-0.67%
PLD	D	-0.5%
WELL	B	-0.37%
AMT	F	-0.26%
O	D	-0.23%
CCI	F	-0.21%
EQIX	B	-0.21%
EXR	D	-0.17%
SPG	B	-0.16%
VICI	D	-0.15%
DLR	C	-0.15%
AVB	A	-0.15%
PSA	C	-0.14%
TEL	B	-0.13%
EQR	C	-0.12%
VTR	C	-0.12%
WY	F	-0.11%
MAA	C	-0.09%
INVH	D	-0.09%
ESS	C	-0.09%
KIM	A	-0.08%
IRM	D	-0.08%
ARE	F	-0.08%
SBAC	D	-0.07%
DOC	C	-0.07%
GEN	A	-0.07%
BXP	D	-0.06%
COO	D	-0.06%
REG	A	-0.06%
CPT	C	-0.06%
UDR	C	-0.06%
FRT	C	-0.04%
AMTM	D	-0.02%
HST	C	-0.02%