AVLC vs. PABU ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares Paris-Aligned Climate MSCI USA ETF (PABU)

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

$68.13

Average Daily Volume

18,947

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

PABU

iShares Paris-Aligned Climate MSCI USA ETF

PABU Description

iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index, by using representative sampling technique. It does not invest in stocks of companies operating across tobacco, controversial or nuclear weapons, producers and retailers of civilian firearms, thermal coal mining or sales, a wide range of oil- and gas-related activities, certain types of power generation and the extraction of oil sands sectors. iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.19

Average Daily Volume

25,466

Number of Holdings ^*

236

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	PABU
30 Days	3.03%	2.19%
60 Days	7.23%	4.74%
90 Days	8.29%	7.13%
12 Months	33.04%	33.50%

211 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in PABU	Overlap
AAPL	C	5.32%	6.81%	5.32%
ABBV	F	0.45%	0.69%	0.45%
ABNB	C	0.08%	0.17%	0.08%
ACGL	C	0.14%	0.26%	0.14%
ACM	B	0.02%	0.55%	0.02%
ACN	B	0.31%	0.39%	0.31%
ADBE	C	0.31%	0.52%	0.31%
ADI	D	0.16%	0.66%	0.16%
ADP	A	0.36%	0.31%	0.31%
ADSK	B	0.09%	0.19%	0.09%
AFG	A	0.06%	0.19%	0.06%
AFL	C	0.19%	0.57%	0.19%
AJG	A	0.05%	0.12%	0.05%
ALGN	D	0.04%	0.03%	0.03%
ALL	B	0.19%	0.16%	0.16%
ALLE	D	0.02%	0.08%	0.02%
ALNY	D	0.04%	0.14%	0.04%
AMD	F	0.34%	0.61%	0.34%
AME	A	0.05%	0.39%	0.05%
AMGN	F	0.21%	0.24%	0.21%
AMP	A	0.26%	0.05%	0.05%
AMZN	A	2.98%	3.76%	2.98%
ANET	C	0.17%	0.18%	0.17%
ANSS	B	0.04%	0.06%	0.04%
AON	B	0.09%	0.08%	0.08%
APH	B	0.13%	0.16%	0.13%
AVGO	C	1.18%	1.93%	1.18%
AVTR	F	0.01%	0.01%	0.01%
AWK	D	0.03%	0.77%	0.03%
AXON	B	0.04%	0.38%	0.04%
AXP	B	0.4%	0.41%	0.4%
BAH	C	0.03%	0.06%	0.03%
BDX	F	0.05%	0.1%	0.05%
BIIB	F	0.03%	0.06%	0.03%
BIO	C	0.01%	0.04%	0.01%
BK	B	0.18%	0.23%	0.18%
BKNG	A	0.13%	0.04%	0.04%
BMRN	F	0.03%	0.05%	0.03%
BMY	B	0.17%	0.37%	0.17%
BRK.A	B	0.66%	0.53%	0.53%
BRO	B	0.02%	0.22%	0.02%
BSX	A	0.12%	0.31%	0.12%
CB	C	0.22%	0.39%	0.22%
CBOE	D	0.03%	0.11%	0.03%
CDW	F	0.05%	0.2%	0.05%
CHD	A	0.05%	0.13%	0.05%
CHTR	B	0.05%	0.13%	0.05%
CINF	A	0.07%	0.14%	0.07%
CMCSA	B	0.38%	0.24%	0.24%
CME	B	0.11%	0.31%	0.11%
CMG	B	0.23%	0.13%	0.13%
COIN	B	0.07%	0.02%	0.02%
CPAY	A	0.04%	0.09%	0.04%
CPRT	A	0.09%	0.14%	0.09%
CRM	B	0.4%	0.75%	0.4%
CSCO	A	0.3%	0.78%	0.3%
CSGP	F	0.04%	0.14%	0.04%
CTAS	B	0.11%	0.34%	0.11%
CTLT	D	0.03%	0.04%	0.03%
DFS	B	0.08%	0.12%	0.08%
DGX	B	0.01%	0.02%	0.01%
DHR	F	0.13%	0.34%	0.13%
DIS	B	0.17%	0.35%	0.17%
DXCM	C	0.04%	0.06%	0.04%
EBAY	C	0.14%	0.17%	0.14%
EFX	F	0.02%	0.1%	0.02%
EIX	C	0.09%	1.19%	0.09%
EL	F	0.02%	0.02%	0.02%
ELV	F	0.14%	0.24%	0.14%
ENPH	F	0.01%	0.25%	0.01%
ERIE	F	0.03%	0.1%	0.03%
EW	F	0.08%	0.35%	0.08%
EXAS	F	0.01%	0.01%	0.01%
FAST	B	0.2%	0.25%	0.2%
FDS	A	0.04%	0.1%	0.04%
FFIV	B	0.03%	0.35%	0.03%
FI	A	0.07%	0.32%	0.07%
FIS	B	0.06%	0.05%	0.05%
FOX	A	0.02%	0.04%	0.02%
FOXA	A	0.04%	0.03%	0.03%
FSLR	F	0.11%	0.64%	0.11%
FTNT	B	0.19%	0.12%	0.12%
FTV	C	0.01%	0.23%	0.01%
GGG	B	0.05%	0.24%	0.05%
GOOG	C	1.32%	2.48%	1.32%
GOOGL	C	1.59%	1.1%	1.1%
GPN	B	0.01%	0.07%	0.01%
GRMN	A	0.09%	0.25%	0.09%
HD	B	0.56%	0.74%	0.56%
HIG	C	0.19%	0.18%	0.18%
HLT	A	0.05%	0.1%	0.05%
HOLX	D	0.03%	0.08%	0.03%
HSY	F	0.09%	0.05%	0.05%
IBM	D	0.27%	1.19%	0.27%
ICE	C	0.07%	0.27%	0.07%
IDXX	F	0.11%	0.36%	0.11%
IEX	B	0.03%	0.37%	0.03%
ILMN	C	0.04%	0.09%	0.04%
INTC	C	0.17%	0.31%	0.17%
INTU	A	0.26%	0.57%	0.26%
IQV	F	0.04%	0.04%	0.04%
IR	A	0.05%	0.17%	0.05%
ISRG	A	0.17%	0.37%	0.17%
IT	B	0.09%	0.02%	0.02%
JKHY	C	0.04%	0.01%	0.01%
JNJ	D	0.6%	0.91%	0.6%
JNPR	D	0.02%	0.29%	0.02%
JPM	A	1.17%	1.32%	1.17%
KDP	C	0.05%	0.08%	0.05%
KEYS	C	0.07%	0.15%	0.07%
KKR	B	0.15%	0.16%	0.15%
KLAC	F	0.22%	0.21%	0.21%
LLY	F	0.78%	1.75%	0.78%
LULU	B	0.15%	0.14%	0.14%
MA	B	0.65%	0.93%	0.65%
MAR	A	0.05%	0.09%	0.05%
MCD	C	0.16%	1.08%	0.16%
MCO	C	0.1%	0.47%	0.1%
MDT	D	0.12%	0.17%	0.12%
MELI	D	0.36%	0.25%	0.25%
MET	C	0.2%	0.16%	0.16%
META	B	2.31%	2.54%	2.31%
MKL	A	0.12%	0.16%	0.12%
MKTX	C	0.05%	0.04%	0.04%
MMC	D	0.09%	0.33%	0.09%
MNST	B	0.03%	0.24%	0.03%
MRK	F	0.33%	0.71%	0.33%
MRVL	B	0.11%	0.38%	0.11%
MSFT	C	4.41%	6.72%	4.41%
MSI	B	0.21%	0.5%	0.21%
MTB	A	0.11%	0.1%	0.1%
MTCH	F	0.01%	0.02%	0.01%
MTD	F	0.03%	0.22%	0.03%
NBIX	C	0.04%	0.04%	0.04%
NDAQ	B	0.02%	0.12%	0.02%
NFLX	A	0.47%	0.76%	0.47%
NKE	F	0.17%	0.07%	0.07%
NOW	A	0.29%	1.13%	0.29%
NTRS	A	0.11%	0.1%	0.1%
NVDA	A	4.93%	8.06%	4.93%
ODFL	B	0.14%	0.21%	0.14%
OKTA	C	0.02%	0.01%	0.01%
ORCL	A	0.42%	0.82%	0.42%
PANW	B	0.18%	0.26%	0.18%
PAYC	B	0.07%	0.01%	0.01%
PAYX	B	0.17%	0.25%	0.17%
PFE	F	0.15%	0.39%	0.15%
PGR	A	0.45%	0.37%	0.37%
PINS	F	0.02%	0.02%	0.02%
PNR	A	0.01%	0.19%	0.01%
PODD	B	0.03%	0.04%	0.03%
POOL	D	0.08%	0.01%	0.01%
PYPL	A	0.3%	0.16%	0.16%
QCOM	F	0.52%	0.35%	0.35%
REGN	F	0.14%	0.21%	0.14%
RIVN	F	0.03%	0.28%	0.03%
RJF	A	0.11%	0.02%	0.02%
RMD	C	0.07%	0.12%	0.07%
ROK	B	0.04%	0.16%	0.04%
ROL	C	0.03%	0.17%	0.03%
ROP	A	0.09%	0.16%	0.09%
ROST	D	0.22%	0.15%	0.15%
RPRX	F	0.03%	0.26%	0.03%
RVTY	C	0.02%	0.14%	0.02%
SBUX	B	0.09%	0.29%	0.09%
SCHW	B	0.2%	0.38%	0.2%
SEIC	A	0.03%	0.11%	0.03%
SHW	A	0.14%	1.49%	0.14%
SNAP	C	0.01%	0.02%	0.01%
SNOW	C	0.05%	0.02%	0.02%
SPGI	C	0.09%	0.77%	0.09%
SSNC	C	0.01%	0.01%	0.01%
STZ	D	0.05%	0.03%	0.03%
SYK	A	0.11%	0.33%	0.11%
TECH	D	0.02%	0.22%	0.02%
TFX	F	0.03%	0.04%	0.03%
TJX	A	0.43%	0.3%	0.3%
TMO	F	0.15%	0.55%	0.15%
TRMB	B	0.02%	0.14%	0.02%
TROW	A	0.1%	0.11%	0.1%
TSLA	B	0.7%	2.7%	0.7%
TTD	B	0.06%	0.08%	0.06%
TTWO	A	0.03%	0.02%	0.02%
TW	B	0.02%	0.02%	0.02%
TXN	B	0.28%	0.69%	0.28%
TYL	B	0.04%	0.05%	0.04%
UBER	F	0.1%	0.13%	0.1%
ULTA	C	0.11%	0.07%	0.07%
UNH	B	0.36%	1.11%	0.36%
UNP	D	0.48%	0.21%	0.21%
URI	B	0.2%	0.03%	0.03%
USB	B	0.22%	0.08%	0.08%
V	A	0.58%	1.64%	0.58%
VEEV	B	0.05%	0.07%	0.05%
VLTO	D	0.06%	0.18%	0.06%
VRSK	A	0.12%	0.15%	0.12%
VRSN	C	0.02%	0.09%	0.02%
VRTX	B	0.25%	0.29%	0.25%
WAB	B	0.04%	0.03%	0.03%
WAT	B	0.05%	0.03%	0.03%
WDAY	B	0.08%	0.07%	0.07%
WFC	A	0.53%	0.2%	0.2%
WST	B	0.05%	0.18%	0.05%
WTW	A	0.02%	0.14%	0.02%
WYNN	C	0.01%	0.02%	0.01%
XYL	F	0.04%	1.13%	0.04%
YUM	B	0.04%	0.18%	0.04%
Z	B	0.02%	0.01%	0.01%
ZBH	C	0.05%	0.07%	0.05%
ZM	B	0.04%	0.04%	0.04%
ZTS	D	0.2%	0.63%	0.2%

AVLC Overweight 764 Positions Relative to PABU

Symbol	Grade	Weight
XOM	B	1.04%
COST	B	0.93%
WMT	A	0.63%
CVX	A	0.63%
CAT	B	0.55%
VZ	D	0.44%
GS	B	0.43%
T	A	0.42%
BAC	A	0.41%
KO	F	0.4%
PG	C	0.39%
GILD	B	0.38%
AMAT	F	0.38%
COP	C	0.38%
LRCX	F	0.37%
MS	A	0.34%
DE	D	0.32%
TMUS	A	0.3%
WMB	B	0.29%
GM	B	0.29%
EOG	A	0.28%
TGT	C	0.28%
PEP	D	0.27%
TRV	B	0.26%
CSX	B	0.26%
TRGP	B	0.26%
RCL	A	0.26%
FDX	B	0.25%
PCAR	B	0.24%
COF	B	0.23%
GWW	B	0.23%
PNC	B	0.22%
MPC	D	0.22%
DAL	A	0.22%
APD	B	0.22%
NSC	B	0.22%
LNG	B	0.22%
C	B	0.22%
LMT	D	0.22%
AIG	B	0.21%
FCX	F	0.21%
LIN	D	0.21%
MU	D	0.2%
F	C	0.2%
ABT	C	0.2%
KR	A	0.2%
CMI	A	0.2%
TFC	B	0.19%
PSX	C	0.19%
MMM	C	0.19%
UPS	C	0.19%
HES	B	0.19%
GE	D	0.19%
OKE	A	0.19%
TSCO	D	0.18%
CL	F	0.18%
LEN	D	0.18%
PM	B	0.18%
PRU	B	0.18%
UAL	A	0.18%
BKR	B	0.18%
NUE	D	0.17%
FANG	C	0.17%
DECK	B	0.16%
RTX	D	0.16%
APO	B	0.16%
DUK	D	0.16%
PLTR	B	0.16%
VLO	C	0.16%
EME	B	0.15%
OXY	F	0.15%
DOW	F	0.15%
SYF	B	0.15%
ETN	B	0.14%
GEV	B	0.14%
DVN	F	0.14%
KMB	D	0.14%
AEP	D	0.14%
HON	B	0.14%
APP	B	0.14%
MLM	B	0.14%
VRT	B	0.13%
HAL	C	0.13%
STLD	C	0.13%
CSL	B	0.13%
PCG	A	0.13%
ON	F	0.13%
TPL	B	0.13%
FITB	A	0.13%
IP	B	0.13%
TT	B	0.13%
CDNS	B	0.12%
BBY	C	0.12%
LYB	F	0.12%
ETR	B	0.12%
CPNG	B	0.12%
LOW	B	0.12%
SNPS	C	0.12%
WSM	F	0.12%
FCNCA	B	0.12%
PHM	D	0.12%
PKG	B	0.12%
ITW	B	0.12%
WM	A	0.12%
CEG	D	0.12%
CTSH	A	0.12%
CCL	B	0.12%
VST	B	0.12%
SO	D	0.12%
DHI	D	0.12%
JBL	C	0.11%
XEL	A	0.11%
HBAN	A	0.11%
MRO	B	0.11%
ADM	F	0.11%
BURL	C	0.11%
SFM	B	0.11%
CTRA	B	0.1%
DRI	B	0.1%
LII	B	0.1%
LPLA	A	0.1%
RPM	A	0.1%
STT	B	0.1%
FIX	B	0.1%
UTHR	B	0.1%
KMI	B	0.1%
NVR	D	0.1%
EXC	C	0.1%
OC	A	0.1%
SW	B	0.1%
CRWD	B	0.1%
BX	A	0.1%
FLEX	B	0.1%
EQT	B	0.1%
ED	D	0.09%
VTRS	B	0.09%
CVNA	B	0.09%
EXPD	C	0.09%
MDLZ	F	0.09%
EQH	B	0.09%
SLB	C	0.09%
LVS	C	0.09%
COR	B	0.09%
PFG	C	0.09%
PH	A	0.09%
PWR	B	0.09%
TXRH	A	0.09%
GLW	B	0.09%
CF	B	0.09%
PEG	C	0.09%
RNR	D	0.08%
EXP	B	0.08%
AEE	B	0.08%
LUV	B	0.08%
JBHT	C	0.08%
SNA	A	0.08%
RF	A	0.08%
JEF	B	0.08%
BG	D	0.08%
BJ	B	0.08%
FNF	C	0.08%
DKS	D	0.08%
TPR	A	0.08%
CNC	F	0.08%
NXPI	F	0.08%
CTVA	C	0.08%
HPE	B	0.08%
MO	A	0.08%
EWBC	B	0.08%
NCLH	B	0.08%
CFG	B	0.08%
FTI	B	0.08%
CASY	B	0.08%
NTAP	D	0.07%
DD	D	0.07%
DTE	D	0.07%
L	A	0.07%
MCK	B	0.07%
ORLY	A	0.07%
DLTR	F	0.07%
WCC	B	0.07%
WRB	B	0.07%
CI	D	0.07%
SAIA	B	0.07%
PPL	A	0.07%
MUSA	B	0.07%
MSTR	B	0.07%
SYY	D	0.07%
INGR	B	0.07%
JXN	C	0.07%
WMS	F	0.07%
TOL	B	0.07%
TDG	D	0.07%
MLI	B	0.07%
PRI	B	0.07%
SRE	B	0.07%
BLDR	C	0.07%
FICO	B	0.07%
SWKS	F	0.07%
NEE	D	0.07%
GDDY	B	0.07%
RGA	A	0.07%
MOH	F	0.07%
EG	D	0.07%
RS	C	0.07%
OVV	C	0.07%
CRBG	C	0.06%
HCA	D	0.06%
KEY	B	0.06%
COKE	C	0.06%
DELL	C	0.06%
NRG	C	0.06%
WAL	B	0.06%
CMA	A	0.06%
PR	C	0.06%
BWXT	B	0.06%
LNTH	F	0.06%
KVUE	A	0.06%
MPWR	F	0.06%
ATI	F	0.06%
SQ	B	0.06%
RL	B	0.06%
CMS	D	0.06%
GL	B	0.06%
CARR	C	0.06%
GNRC	B	0.06%
IFF	F	0.06%
ALLY	C	0.06%
MANH	C	0.06%
UHS	D	0.06%
GPC	D	0.06%
SPOT	A	0.06%
CLX	A	0.06%
LECO	C	0.06%
DASH	A	0.06%
EA	A	0.06%
DCI	A	0.06%
GPK	D	0.06%
BALL	D	0.06%
PFGC	B	0.06%
LPX	A	0.06%
ANF	C	0.06%
CBRE	B	0.06%
ECL	C	0.06%
DG	F	0.06%
A	F	0.06%
BA	F	0.06%
AES	F	0.06%
VMI	B	0.05%
AZO	B	0.05%
ENSG	C	0.05%
MHK	D	0.05%
WBS	A	0.05%
EMN	D	0.05%
NOC	D	0.05%
WTFC	B	0.05%
PNW	A	0.05%
HUBS	B	0.05%
ATO	B	0.05%
JLL	C	0.05%
RHI	B	0.05%
CROX	F	0.05%
MTDR	B	0.05%
HUM	D	0.05%
GD	C	0.05%
WFRD	F	0.05%
KHC	F	0.05%
CVS	F	0.05%
VMC	B	0.05%
SKX	F	0.05%
DOCU	B	0.05%
ZION	B	0.05%
KMX	B	0.05%
EVRG	A	0.05%
D	D	0.05%
TEAM	B	0.05%
AIZ	A	0.05%
ALV	C	0.05%
HOOD	B	0.05%
HWM	B	0.05%
HPQ	B	0.05%
AIT	A	0.05%
CBT	C	0.05%
MOS	D	0.05%
BWA	B	0.05%
ARW	F	0.05%
TXT	D	0.05%
KNSL	C	0.05%
R	B	0.05%
AXS	A	0.05%
WSO	B	0.05%
DDOG	B	0.05%
PPG	F	0.05%
TER	F	0.05%
FYBR	D	0.05%
UFPI	B	0.05%
CHRD	D	0.05%
FND	F	0.05%
EMR	A	0.05%
UNM	A	0.05%
MCHP	F	0.05%
ATR	A	0.05%
VFC	C	0.04%
STE	D	0.04%
CIVI	D	0.04%
AWI	B	0.04%
JCI	A	0.04%
AKAM	F	0.04%
AA	C	0.04%
KEX	A	0.04%
EVR	B	0.04%
AOS	F	0.04%
SSD	F	0.04%
SOFI	B	0.04%
KNX	C	0.04%
DINO	D	0.04%
HRB	D	0.04%
LH	B	0.04%
AGCO	F	0.04%
XPO	B	0.04%
HUBB	C	0.04%
CLF	F	0.04%
CMC	B	0.04%
SNX	C	0.04%
APTV	F	0.04%
WCN	A	0.04%
OGE	B	0.04%
NET	B	0.04%
JAZZ	B	0.04%
HII	F	0.04%
KD	A	0.04%
MTG	C	0.04%
FN	C	0.04%
FMC	F	0.04%
CRUS	F	0.04%
PSTG	D	0.04%
TREX	C	0.04%
ITT	A	0.04%
NSIT	F	0.04%
WEC	B	0.04%
RRC	B	0.04%
BR	A	0.04%
OTIS	D	0.04%
AXTA	A	0.04%
EPAM	B	0.04%
FHN	A	0.04%
TAP	B	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%
TSN	B	0.04%
AYI	A	0.04%
MSCI	B	0.04%
SF	A	0.04%
CHX	C	0.04%
OMF	A	0.04%
CFR	B	0.04%
ORI	A	0.04%
LAD	B	0.03%
LDOS	C	0.03%
DY	C	0.03%
GWRE	A	0.03%
BCC	B	0.03%
MOD	D	0.03%
RLI	A	0.03%
SCI	B	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	C	0.03%
PEGA	B	0.03%
TKR	F	0.03%
ENLC	A	0.03%
NWSA	B	0.03%
MDB	C	0.03%
OLN	F	0.03%
ZBRA	B	0.03%
HALO	C	0.03%
NU	B	0.03%
UHAL	D	0.03%
HLNE	B	0.03%
LHX	B	0.03%
NYT	C	0.03%
VOYA	B	0.03%
WWD	B	0.03%
MTZ	B	0.03%
EXPO	D	0.03%
GNTX	C	0.03%
ESNT	D	0.03%
SATS	D	0.03%
EHC	B	0.03%
CAH	B	0.03%
MUR	D	0.03%
AM	B	0.03%
PVH	C	0.03%
X	D	0.03%
AR	B	0.03%
MRNA	F	0.03%
PTC	B	0.03%
EXEL	B	0.03%
DOV	A	0.03%
GIS	F	0.03%
CW	C	0.03%
ALK	A	0.03%
K	A	0.03%
BPOP	C	0.03%
STX	D	0.03%
INCY	B	0.03%
RGLD	C	0.03%
TDY	B	0.03%
MAT	C	0.03%
CIEN	B	0.03%
WBD	B	0.03%
PNFP	B	0.03%
SSB	B	0.03%
GEHC	D	0.03%
TWLO	B	0.03%
WDC	D	0.03%
CVLT	B	0.03%
LEA	F	0.03%
APA	F	0.03%
ONB	B	0.03%
LNT	C	0.03%
TTC	F	0.03%
RSG	B	0.03%
SNV	B	0.03%
AVY	F	0.03%
DTM	A	0.03%
ITCI	B	0.02%
EXLS	B	0.02%
LANC	C	0.02%
PCTY	B	0.02%
FIVE	F	0.02%
AUR	D	0.02%
DPZ	C	0.02%
ROIV	D	0.02%
MSA	D	0.02%
CGNX	C	0.02%
FRPT	B	0.02%
INSM	C	0.02%
PPC	C	0.02%
BC	D	0.02%
CHH	B	0.02%
RBC	B	0.02%
MAS	D	0.02%
CELH	F	0.02%
OMC	A	0.02%
DOCS	B	0.02%
HRL	F	0.02%
MDU	D	0.02%
TOST	A	0.02%
VKTX	F	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%
SWK	F	0.02%
ROKU	C	0.02%
FSS	C	0.02%
SMCI	F	0.02%
OZK	B	0.02%
ALSN	B	0.02%
NVT	C	0.02%
NTRA	B	0.02%
DAR	B	0.02%
QRVO	F	0.02%
SIGI	B	0.02%
HLI	B	0.02%
BAX	F	0.02%
BMI	B	0.02%
NOV	C	0.02%
HAS	D	0.02%
GLOB	B	0.02%
ARES	B	0.02%
LYV	A	0.02%
JHG	A	0.02%
FE	D	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%
AMCR	D	0.02%
CNM	D	0.02%
BRKR	F	0.02%
ES	D	0.02%
CNP	B	0.02%
CCK	D	0.02%
OLLI	C	0.02%
LW	B	0.02%
LFUS	D	0.02%
DT	C	0.02%
COOP	B	0.02%
CSWI	B	0.02%
CG	B	0.02%
OSK	B	0.02%
FBIN	F	0.02%
MGY	B	0.02%
ENTG	F	0.02%
MTH	D	0.02%
FLR	C	0.02%
HESM	C	0.02%
SON	F	0.02%
QLYS	B	0.02%
CADE	B	0.02%
MASI	B	0.02%
IVZ	B	0.02%
PCVX	D	0.02%
THC	B	0.02%
TMHC	B	0.02%
NEM	F	0.02%
G	B	0.02%
RVMD	C	0.02%
IBKR	A	0.02%
TPX	B	0.02%
PB	B	0.02%
NI	A	0.02%
M	C	0.02%
CHDN	B	0.02%
NTNX	B	0.02%
GME	C	0.02%
LBRDK	C	0.02%
AMKR	F	0.02%
MEDP	D	0.02%
CHRW	A	0.02%
AFRM	B	0.02%
LYFT	B	0.01%
SEE	C	0.01%
BPMC	C	0.01%
H	B	0.01%
PAG	B	0.01%
GFS	C	0.01%
RMBS	C	0.01%
NEU	C	0.01%
IONS	F	0.01%
ZG	B	0.01%
CFLT	B	0.01%
CHWY	B	0.01%
ADTN	B	0.01%
TNET	C	0.01%
GTLS	B	0.01%
SMMT	D	0.01%
BBWI	C	0.01%
RRX	B	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	B	0.01%
CWEN	D	0.01%
LEN	D	0.01%
VAL	D	0.01%
VERX	B	0.01%
DKNG	B	0.01%
UI	B	0.01%
SUM	B	0.01%
ALTR	C	0.01%
PEN	C	0.01%
NOVT	C	0.01%
CE	F	0.01%
CACC	D	0.01%
U	F	0.01%
WTRG	C	0.01%
CAG	F	0.01%
CPB	F	0.01%
NDSN	B	0.01%
PATH	C	0.01%
GXO	B	0.01%
TDW	F	0.01%
BRBR	A	0.01%
HEI	A	0.01%
NWS	B	0.01%
PCOR	B	0.01%
ZETA	F	0.01%
HQY	B	0.01%
HXL	F	0.01%
BROS	B	0.01%
FOUR	B	0.01%
AVAV	C	0.01%
PSN	C	0.01%
ESAB	B	0.01%
MTN	C	0.01%
MORN	B	0.01%
DDS	B	0.01%
ESTC	C	0.01%
GTLB	B	0.01%
IPG	F	0.01%
DLB	D	0.01%
AGR	C	0.01%
HSIC	F	0.01%
ACHC	F	0.01%
KRYS	C	0.01%
CWST	B	0.01%
NXST	C	0.01%
MKSI	C	0.01%
DUOL	A	0.01%
MARA	B	0.01%
LKQ	C	0.01%
DBX	B	0.01%
SOLV	C	0.01%
VRNS	C	0.01%
CWAN	B	0.01%
RRR	F	0.01%
LSCC	D	0.01%
BECN	B	0.01%
APPF	B	0.01%
USFD	B	0.01%
BSY	F	0.01%
BOKF	B	0.01%
J	D	0.01%
VNT	C	0.01%
CACI	C	0.01%
RYAN	B	0.01%
ATKR	C	0.01%
IDA	A	0.01%
PARA	B	0.01%
OGN	F	0.01%
RBLX	B	0.01%
SJM	F	0.01%
BERY	D	0.01%
KBR	D	0.01%
SRPT	F	0.01%
LEVI	F	0.01%
AZEK	B	0.01%
NFG	D	0.01%
BEN	C	0.01%
MGM	D	0.01%
WEX	D	0.01%
CRL	C	0.01%
XP	F	0.01%
MTSI	B	0.01%
BCPC	B	0.01%
BYD	A	0.01%
MIDD	D	0.01%
AN	C	0.01%
WTS	B	0.01%
SPSC	F	0.01%
PLNT	A	0.01%
DVA	C	0.01%
LUMN	C	0.01%
GKOS	B	0.01%
VVV	B	0.01%
SMAR	A	0.01%
ZWS	B	0.01%
TTEK	F	0.01%
WING	D	0.01%
AL	B	0.01%
LNC	B	0.01%
MKC	D	0.01%
IOT	B	0.01%
PFSI	D	0.01%
ALB	C	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	C	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	F	0.0%
HIMS	C	0.0%
EMBC	C	0.0%
KLG	F	0.0%
COTY	D	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	A	0.0%
SIRI	C	0.0%
TXG	F	0.0%
SAM	B	0.0%
WBA	D	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	D	0.0%
APLS	F	0.0%
IPGP	C	0.0%
FNB	B	0.0%
INFA	F	0.0%
ALKS	C	0.0%
FIZZ	C	0.0%
PLUG	D	0.0%
ZI	C	0.0%
CAR	C	0.0%
TDC	F	0.0%
RDN	C	0.0%
CWEN	D	0.0%
HCP	A	0.0%
EEFT	C	0.0%
HRI	C	0.0%
SNDR	B	0.0%
WK	B	0.0%
ALIT	C	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	C	0.0%
CZR	F	0.0%
INSP	F	0.0%
AMG	B	0.0%
MMS	F	0.0%
ACT	C	0.0%
COLB	A	0.0%
POST	D	0.0%
ETSY	D	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%
DAY	B	0.0%
SAIC	D	0.0%
ALGM	F	0.0%
RBRK	B	0.0%
SLGN	B	0.0%
TKO	D	0.0%
RH	C	0.0%
FLUT	A	0.0%
HEI	A	0.0%
ELF	C	0.0%
APG	C	0.0%

AVLC Underweight 25 Positions Relative to PABU

Symbol	Grade	Weight
DLR	C	-1.63%
EQIX	B	-0.85%
PLD	D	-0.75%
BLK	A	-0.52%
ARE	F	-0.51%
AVB	B	-0.49%
BXP	D	-0.47%
VICI	D	-0.4%
DOC	C	-0.32%
PSA	D	-0.26%
O	D	-0.25%
WELL	B	-0.22%
AMT	F	-0.22%
SPG	A	-0.15%
ESS	C	-0.12%
EQR	C	-0.11%
REG	A	-0.11%
EXR	D	-0.1%
COO	D	-0.1%
FWONK	A	-0.07%
TEL	B	-0.05%
VTR	C	-0.04%
CCI	F	-0.03%
WPC	F	-0.02%
NLY	C	-0.01%