AVLC vs. SCHZ ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Schwab US Aggregate Bond ETF (SCHZ)

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

$69.29

Average Daily Volume

19,774

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

SCHZ

Schwab US Aggregate Bond ETF

SCHZ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Barclays U.S. Aggregate Bond IndexSM. The fund invests at least 90% of its net assets in securities included in the index. The index is a broad based benchmark measuring the performance of the U.S. investment grade, taxable bond market, including U.S. Treasuries, government-related and corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities that are publicly available for sale in the United States.

Grade (RS Rating)

Last Trade

$22.92

Average Daily Volume

1,160,500

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	SCHZ
30 Days	3.17%	-0.82%
60 Days	5.71%	-3.18%
90 Days	7.02%	-2.17%
12 Months	32.22%	6.03%

412 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in SCHZ	Overlap
A	D	0.06%	0.0%	0.0%
AAL	B	0.01%	0.0%	0.0%
AAPL	C	5.24%	0.0%	0.0%
ABBV	F	0.38%	0.0%	0.0%
ABT	B	0.2%	0.0%	0.0%
ACGL	C	0.15%	0.0%	0.0%
ADBE	C	0.33%	0.0%	0.0%
ADI	D	0.15%	0.0%	0.0%
ADM	D	0.11%	0.0%	0.0%
ADP	A	0.36%	0.0%	0.0%
ADSK	A	0.09%	0.0%	0.0%
AEE	A	0.08%	0.0%	0.0%
AEP	C	0.14%	0.0%	0.0%
AES	F	0.06%	0.0%	0.0%
AFG	A	0.06%	0.0%	0.0%
AFL	B	0.19%	0.0%	0.0%
AGO	B	0.0%	0.0%	0.0%
AGR	A	0.01%	0.0%	0.0%
AIG	B	0.2%	0.0%	0.0%
AIZ	A	0.05%	0.0%	0.0%
AJG	A	0.05%	0.0%	0.0%
AL	B	0.01%	0.0%	0.0%
ALB	B	0.01%	0.0%	0.0%
ALL	A	0.2%	0.0%	0.0%
ALLE	C	0.02%	0.0%	0.0%
ALLY	C	0.06%	0.0%	0.0%
AMAT	F	0.36%	0.0%	0.0%
AMCR	C	0.02%	0.0%	0.0%
AMG	B	0.0%	0.0%	0.0%
AMGN	F	0.19%	0.0%	0.0%
AMP	A	0.26%	0.0%	0.0%
AMZN	C	3.03%	0.0%	0.0%
AN	C	0.01%	0.0%	0.0%
AON	A	0.1%	0.0%	0.0%
APD	A	0.22%	0.0%	0.0%
APH	A	0.12%	0.0%	0.0%
APTV	F	0.04%	0.0%	0.0%
ARW	D	0.05%	0.0%	0.0%
ATO	A	0.05%	0.0%	0.0%
AVGO	D	1.11%	0.0%	0.0%
AVY	F	0.03%	0.0%	0.0%
AWK	C	0.03%	0.0%	0.0%
AXP	A	0.4%	0.0%	0.0%
AXS	A	0.05%	0.0%	0.0%
AYI	B	0.04%	0.0%	0.0%
AZN	F	0.02%	0.0%	0.0%
AZO	C	0.05%	0.0%	0.0%
BA	F	0.06%	0.0%	0.0%
BAC	A	0.42%	0.0%	0.0%
BAX	F	0.02%	0.0%	0.0%
BBY	D	0.12%	0.0%	0.0%
BC	C	0.02%	0.0%	0.0%
BDX	F	0.05%	0.0%	0.0%
BEN	C	0.01%	0.0%	0.0%
BERY	C	0.01%	0.0%	0.0%
BG	D	0.08%	0.0%	0.0%
BIIB	F	0.03%	0.01%	0.01%
BK	A	0.18%	0.0%	0.0%
BKNG	A	0.13%	0.0%	0.0%
BLK	B	0.18%	0.0%	0.0%
BMY	B	0.18%	0.0%	0.0%
BR	A	0.04%	0.0%	0.0%
BRO	B	0.02%	0.0%	0.0%
BSX	A	0.12%	0.0%	0.0%
BWA	D	0.05%	0.0%	0.0%
C	A	0.23%	0.0%	0.0%
CACC	D	0.01%	0.0%	0.0%
CAG	F	0.01%	0.0%	0.0%
CAH	B	0.03%	0.0%	0.0%
CARR	C	0.06%	0.0%	0.0%
CAT	B	0.52%	0.0%	0.0%
CB	C	0.22%	0.0%	0.0%
CBOE	C	0.03%	0.0%	0.0%
CBT	D	0.05%	0.0%	0.0%
CDNS	B	0.12%	0.0%	0.0%
CE	F	0.01%	0.0%	0.0%
CF	A	0.09%	0.0%	0.0%
CFG	B	0.08%	0.0%	0.0%
CHD	A	0.05%	0.01%	0.01%
CHH	A	0.02%	0.0%	0.0%
CHRW	B	0.03%	0.0%	0.0%
CHTR	C	0.05%	0.0%	0.0%
CI	D	0.07%	0.0%	0.0%
CINF	A	0.07%	0.0%	0.0%
CL	D	0.18%	0.0%	0.0%
CLX	A	0.06%	0.0%	0.0%
CMA	B	0.06%	0.0%	0.0%
CMCSA	B	0.38%	0.0%	0.0%
CME	B	0.12%	0.0%	0.0%
CMI	A	0.21%	0.0%	0.0%
CMS	C	0.06%	0.0%	0.0%
CNA	C	0.0%	0.0%	0.0%
CNP	A	0.02%	0.0%	0.0%
COF	C	0.23%	0.0%	0.0%
COKE	C	0.06%	0.0%	0.0%
COP	C	0.38%	0.0%	0.0%
COST	A	0.94%	0.0%	0.0%
CPB	D	0.01%	0.0%	0.0%
CRM	B	0.44%	0.0%	0.0%
CSCO	B	0.3%	0.0%	0.0%
CSL	C	0.13%	0.0%	0.0%
CSX	C	0.26%	0.0%	0.0%
CTAS	B	0.12%	0.0%	0.0%
CTRA	B	0.1%	0.0%	0.0%
CTVA	C	0.08%	0.0%	0.0%
CVS	D	0.05%	0.0%	0.0%
CVX	A	0.64%	0.0%	0.0%
D	C	0.05%	0.0%	0.0%
DAL	B	0.23%	0.0%	0.0%
DD	C	0.06%	0.01%	0.01%
DE	B	0.3%	0.0%	0.0%
DELL	B	0.05%	0.0%	0.0%
DFS	B	0.08%	0.0%	0.0%
DG	F	0.06%	0.0%	0.0%
DGX	A	0.01%	0.0%	0.0%
DHI	F	0.12%	0.0%	0.0%
DHR	F	0.13%	0.0%	0.0%
DIS	B	0.18%	0.0%	0.0%
DLTR	F	0.07%	0.01%	0.01%
DOV	A	0.03%	0.0%	0.0%
DOW	F	0.14%	0.0%	0.0%
DOX	D	0.03%	0.0%	0.0%
DRI	B	0.1%	0.0%	0.0%
DT	D	0.02%	0.01%	0.01%
DTE	C	0.07%	0.0%	0.0%
DUK	C	0.16%	0.0%	0.0%
DVN	F	0.14%	0.0%	0.0%
DXC	B	0.0%	0.0%	0.0%
EA	A	0.06%	0.0%	0.0%
EBAY	D	0.14%	0.0%	0.0%
ECL	D	0.06%	0.0%	0.0%
ED	C	0.08%	0.0%	0.0%
EFX	F	0.02%	0.0%	0.0%
EG	C	0.08%	0.0%	0.0%
EIX	B	0.09%	0.0%	0.0%
EL	F	0.02%	0.0%	0.0%
EMN	C	0.04%	0.0%	0.0%
EMR	B	0.05%	0.0%	0.0%
EOG	A	0.3%	0.0%	0.0%
EQH	C	0.09%	0.0%	0.0%
ES	C	0.02%	0.0%	0.0%
ETN	A	0.14%	0.0%	0.0%
ETR	B	0.12%	0.0%	0.0%
EVRG	A	0.05%	0.0%	0.0%
EW	C	0.08%	0.0%	0.0%
EXC	C	0.1%	0.0%	0.0%
EXP	B	0.07%	0.0%	0.0%
EXPE	B	0.04%	0.0%	0.0%
FAF	A	0.03%	0.0%	0.0%
FANG	C	0.17%	0.0%	0.0%
FDX	B	0.26%	0.0%	0.0%
FE	C	0.02%	0.0%	0.0%
FHN	A	0.04%	0.0%	0.0%
FIS	C	0.06%	0.0%	0.0%
FITB	B	0.14%	0.0%	0.0%
FLEX	B	0.1%	0.0%	0.0%
FLO	D	0.0%	0.0%	0.0%
FLS	B	0.02%	0.0%	0.0%
FMC	D	0.04%	0.0%	0.0%
FNF	B	0.08%	0.0%	0.0%
FOXA	A	0.05%	0.0%	0.0%
FTNT	C	0.23%	0.0%	0.0%
FTV	C	0.01%	0.0%	0.0%
G	B	0.03%	0.0%	0.0%
GD	D	0.05%	0.0%	0.0%
GE	D	0.2%	0.0%	0.0%
GILD	C	0.35%	0.0%	0.0%
GIS	D	0.03%	0.0%	0.0%
GL	C	0.06%	0.0%	0.0%
GLW	B	0.09%	0.0%	0.0%
GM	C	0.31%	0.0%	0.0%
GOOGL	C	1.57%	0.0%	0.0%
GPC	D	0.06%	0.0%	0.0%
GPN	B	0.01%	0.0%	0.0%
GS	A	0.44%	0.0%	0.0%
GWW	B	0.23%	0.0%	0.0%
GXO	B	0.01%	0.0%	0.0%
H	B	0.01%	0.0%	0.0%
HAL	C	0.13%	0.0%	0.0%
HAS	D	0.02%	0.0%	0.0%
HBAN	A	0.11%	0.0%	0.0%
HCA	F	0.05%	0.0%	0.0%
HD	B	0.58%	0.0%	0.0%
HES	B	0.19%	0.0%	0.0%
HIG	B	0.19%	0.0%	0.0%
HII	F	0.04%	0.0%	0.0%
HON	C	0.15%	0.0%	0.0%
HPE	B	0.08%	0.0%	0.0%
HPQ	B	0.05%	0.0%	0.0%
HRB	D	0.03%	0.0%	0.0%
HRL	D	0.02%	0.0%	0.0%
HSY	F	0.09%	0.0%	0.0%
HUBB	B	0.04%	0.0%	0.0%
HUM	C	0.05%	0.0%	0.0%
IBM	C	0.27%	0.0%	0.0%
ICE	C	0.07%	0.0%	0.0%
IDA	A	0.01%	0.0%	0.0%
IEX	C	0.03%	0.0%	0.0%
IFF	D	0.06%	0.0%	0.0%
ILMN	C	0.04%	0.0%	0.0%
INGR	C	0.07%	0.0%	0.0%
INTC	C	0.16%	0.0%	0.0%
INTU	B	0.27%	0.0%	0.0%
IP	A	0.13%	0.0%	0.0%
IPG	D	0.01%	0.0%	0.0%
ITW	B	0.12%	0.0%	0.0%
IVZ	B	0.02%	0.0%	0.0%
JBHT	C	0.08%	0.0%	0.0%
JBL	C	0.1%	0.0%	0.0%
JCI	B	0.04%	0.0%	0.0%
JEF	A	0.08%	0.0%	0.0%
JNJ	C	0.58%	0.0%	0.0%
JNPR	D	0.02%	0.0%	0.0%
JPM	A	1.19%	0.0%	0.0%
K	A	0.03%	0.0%	0.0%
KDP	F	0.05%	0.0%	0.0%
KEX	B	0.04%	0.0%	0.0%
KEY	B	0.05%	0.0%	0.0%
KEYS	A	0.06%	0.0%	0.0%
KLAC	F	0.21%	0.0%	0.0%
KMB	C	0.14%	0.0%	0.0%
KMI	A	0.1%	0.0%	0.0%
KO	D	0.4%	0.0%	0.0%
KR	B	0.2%	0.0%	0.0%
L	A	0.07%	0.0%	0.0%
LDOS	C	0.03%	0.0%	0.0%
LEA	F	0.03%	0.0%	0.0%
LEN	D	0.17%	0.0%	0.0%
LEN	D	0.01%	0.0%	0.0%
LH	B	0.04%	0.0%	0.0%
LHX	C	0.03%	0.0%	0.0%
LII	A	0.09%	0.0%	0.0%
LIN	C	0.21%	0.0%	0.0%
LLY	F	0.79%	0.0%	0.0%
LMT	D	0.23%	0.0%	0.0%
LNC	C	0.01%	0.0%	0.0%
LNT	A	0.04%	0.0%	0.0%
LOW	C	0.12%	0.0%	0.0%
LRCX	F	0.34%	0.0%	0.0%
LUV	C	0.08%	0.0%	0.0%
LVS	B	0.09%	0.0%	0.0%
LYB	F	0.11%	0.0%	0.0%
MA	B	0.66%	0.0%	0.0%
MAR	A	0.05%	0.0%	0.0%
MAS	D	0.02%	0.0%	0.0%
MCD	D	0.16%	0.0%	0.0%
MCHP	F	0.05%	0.01%	0.01%
MCK	A	0.07%	0.0%	0.0%
MCO	B	0.1%	0.0%	0.0%
MDLZ	F	0.09%	0.0%	0.0%
MDT	D	0.12%	0.01%	0.01%
MET	A	0.2%	0.0%	0.0%
MHK	D	0.04%	0.0%	0.0%
MKC	C	0.01%	0.0%	0.0%
MKL	A	0.12%	0.0%	0.0%
MLM	C	0.14%	0.0%	0.0%
MMC	B	0.09%	0.0%	0.0%
MMM	D	0.19%	0.0%	0.0%
MO	A	0.09%	0.0%	0.0%
MOS	F	0.05%	0.0%	0.0%
MPC	D	0.22%	0.0%	0.0%
MRK	D	0.32%	0.0%	0.0%
MRO	B	0.11%	0.0%	0.0%
MRVL	B	0.11%	0.0%	0.0%
MS	A	0.35%	0.0%	0.0%
MSFT	D	4.39%	0.0%	0.0%
MSI	B	0.23%	0.0%	0.0%
MTB	A	0.12%	0.0%	0.0%
MU	D	0.17%	0.0%	0.0%
NDAQ	A	0.02%	0.0%	0.0%
NEE	C	0.07%	0.0%	0.0%
NEM	D	0.02%	0.0%	0.0%
NEU	D	0.01%	0.0%	0.0%
NFG	A	0.01%	0.0%	0.0%
NI	A	0.02%	0.0%	0.0%
NKE	F	0.17%	0.0%	0.0%
NOC	D	0.05%	0.0%	0.0%
NOV	C	0.02%	0.0%	0.0%
NOW	A	0.3%	0.01%	0.01%
NSC	B	0.22%	0.0%	0.0%
NTAP	C	0.06%	0.0%	0.0%
NTRS	A	0.11%	0.0%	0.0%
NUE	C	0.16%	0.0%	0.0%
NVDA	B	4.82%	0.0%	0.0%
NVR	D	0.1%	0.0%	0.0%
NVT	B	0.02%	0.0%	0.0%
NXPI	D	0.08%	0.0%	0.0%
OC	A	0.11%	0.0%	0.0%
OGE	A	0.04%	0.0%	0.0%
OKE	A	0.2%	0.0%	0.0%
OMC	C	0.02%	0.0%	0.0%
ORCL	A	0.42%	0.0%	0.0%
ORI	A	0.05%	0.0%	0.0%
ORLY	B	0.07%	0.0%	0.0%
OSK	C	0.02%	0.0%	0.0%
OTIS	C	0.04%	0.0%	0.0%
PCAR	B	0.25%	0.0%	0.0%
PCG	A	0.13%	0.0%	0.0%
PEG	A	0.1%	0.0%	0.0%
PEP	F	0.27%	0.0%	0.0%
PFE	F	0.15%	0.0%	0.0%
PFG	D	0.09%	0.0%	0.0%
PG	C	0.39%	0.0%	0.0%
PGR	A	0.46%	0.0%	0.0%
PH	A	0.09%	0.0%	0.0%
PHM	D	0.12%	0.0%	0.0%
PKG	A	0.12%	0.0%	0.0%
PM	B	0.18%	0.0%	0.0%
PNC	B	0.22%	0.0%	0.0%
PNR	A	0.02%	0.0%	0.0%
PNW	A	0.05%	0.0%	0.0%
PPG	F	0.05%	0.0%	0.0%
PPL	A	0.07%	0.0%	0.0%
PRU	A	0.18%	0.0%	0.0%
PSX	C	0.19%	0.0%	0.0%
PVH	C	0.03%	0.0%	0.0%
PWR	A	0.09%	0.0%	0.0%
PYPL	B	0.32%	0.0%	0.0%
QCOM	F	0.48%	0.0%	0.0%
R	B	0.05%	0.0%	0.0%
REGN	F	0.14%	0.0%	0.0%
RF	A	0.08%	0.0%	0.0%
RGA	A	0.08%	0.0%	0.0%
RJF	A	0.11%	0.0%	0.0%
RL	C	0.05%	0.0%	0.0%
RNR	C	0.07%	0.0%	0.0%
ROK	C	0.04%	0.0%	0.0%
ROP	B	0.09%	0.0%	0.0%
ROST	D	0.21%	0.0%	0.0%
RPM	A	0.1%	0.0%	0.0%
RPRX	D	0.02%	0.0%	0.0%
RS	B	0.07%	0.0%	0.0%
RSG	A	0.04%	0.0%	0.0%
RTX	D	0.16%	0.0%	0.0%
SBUX	A	0.09%	0.0%	0.0%
SCHW	B	0.21%	0.0%	0.0%
SF	B	0.04%	0.0%	0.0%
SHW	B	0.14%	0.0%	0.0%
SIGI	C	0.02%	0.0%	0.0%
SJM	D	0.01%	0.0%	0.0%
SLB	C	0.09%	0.0%	0.0%
SNA	A	0.08%	0.0%	0.0%
SNV	C	0.03%	0.0%	0.0%
SNX	D	0.04%	0.0%	0.0%
SO	C	0.13%	0.0%	0.0%
SON	F	0.02%	0.0%	0.0%
SPGI	C	0.09%	0.0%	0.0%
SRE	A	0.07%	0.0%	0.0%
STE	D	0.04%	0.0%	0.0%
STLD	B	0.12%	0.0%	0.0%
STT	B	0.1%	0.0%	0.0%
STZ	D	0.05%	0.0%	0.0%
SWK	D	0.02%	0.0%	0.0%
SWKS	F	0.07%	0.0%	0.0%
SWX	B	0.02%	0.0%	0.0%
SYF	B	0.15%	0.0%	0.0%
SYK	B	0.12%	0.0%	0.0%
SYY	D	0.07%	0.0%	0.0%
T	A	0.42%	0.0%	0.0%
TAP	C	0.05%	0.0%	0.0%
TDY	B	0.03%	0.0%	0.0%
TFC	A	0.19%	0.0%	0.0%
TGT	F	0.29%	0.0%	0.0%
TJX	A	0.44%	0.0%	0.0%
TKR	D	0.03%	0.0%	0.0%
TMO	F	0.15%	0.0%	0.0%
TMUS	B	0.31%	0.0%	0.0%
TPR	B	0.08%	0.0%	0.0%
TRMB	B	0.02%	0.0%	0.0%
TRV	B	0.26%	0.0%	0.0%
TSCO	D	0.17%	0.0%	0.0%
TSN	B	0.05%	0.0%	0.0%
TT	A	0.14%	0.0%	0.0%
TXN	C	0.26%	0.0%	0.0%
TXT	D	0.05%	0.0%	0.0%
UAL	A	0.19%	0.0%	0.0%
UHS	D	0.06%	0.01%	0.01%
UNH	B	0.36%	0.0%	0.0%
UNM	A	0.06%	0.0%	0.0%
UNP	C	0.47%	0.0%	0.0%
UPS	C	0.19%	0.0%	0.0%
URI	C	0.2%	0.0%	0.0%
USB	A	0.23%	0.0%	0.0%
V	A	0.59%	0.0%	0.0%
VFC	C	0.03%	0.0%	0.0%
VLO	C	0.17%	0.0%	0.0%
VMC	B	0.05%	0.0%	0.0%
VMI	B	0.05%	0.0%	0.0%
VNT	C	0.01%	0.0%	0.0%
VOYA	B	0.03%	0.0%	0.0%
VRSK	A	0.12%	0.0%	0.0%
VRSN	C	0.02%	0.0%	0.0%
VZ	C	0.45%	0.0%	0.0%
WAB	B	0.04%	0.0%	0.0%
WBA	F	0.0%	0.0%	0.0%
WBS	A	0.05%	0.0%	0.0%
WEC	A	0.04%	0.0%	0.0%
WFC	A	0.55%	0.0%	0.0%
WHR	B	0.0%	0.0%	0.0%
WLK	D	0.02%	0.0%	0.0%
WM	B	0.13%	0.0%	0.0%
WMB	A	0.29%	0.0%	0.0%
WMT	A	0.64%	0.0%	0.0%
WRB	A	0.07%	0.0%	0.0%
WTRG	B	0.01%	0.0%	0.0%
XEL	A	0.11%	0.0%	0.0%
XOM	B	1.04%	0.0%	0.0%
XRAY	F	0.0%	0.0%	0.0%
XYL	D	0.04%	0.0%	0.0%
ZBH	C	0.05%	0.0%	0.0%
ZION	B	0.05%	0.0%	0.0%
ZTS	D	0.2%	0.0%	0.0%

AVLC Overweight 564 Positions Relative to SCHZ

Symbol	Grade	Weight
META	D	2.26%
GOOG	C	1.3%
TSLA	B	0.78%
BRK.A	B	0.67%
NFLX	A	0.48%
MELI	C	0.39%
ACN	B	0.32%
AMD	F	0.31%
RCL	A	0.28%
TRGP	A	0.27%
VRTX	D	0.25%
LNG	A	0.23%
CMG	B	0.23%
F	C	0.2%
FAST	B	0.2%
PANW	B	0.19%
PLTR	B	0.18%
ISRG	A	0.18%
FCX	F	0.18%
BKR	A	0.18%
PAYX	B	0.17%
DECK	A	0.16%
APP	B	0.16%
APO	B	0.16%
OXY	D	0.15%
KKR	A	0.15%
LULU	C	0.15%
ANET	C	0.15%
EME	A	0.14%
ODFL	C	0.14%
CTSH	B	0.13%
VRT	B	0.13%
CCL	A	0.13%
VST	A	0.13%
ELV	F	0.13%
TPL	A	0.13%
GEV	B	0.13%
SNPS	B	0.12%
SFM	A	0.12%
FCNCA	A	0.12%
CPNG	D	0.12%
ON	D	0.12%
ULTA	F	0.11%
BX	A	0.11%
IDXX	F	0.11%
CRWD	B	0.11%
EQT	B	0.11%
BURL	B	0.11%
CEG	C	0.11%
WSM	C	0.11%
GRMN	B	0.1%
CPRT	B	0.1%
TROW	B	0.1%
SW	A	0.1%
LPLA	A	0.1%
UTHR	C	0.1%
FIX	A	0.1%
FSLR	F	0.1%
MSTR	B	0.09%
VTRS	A	0.09%
CVNA	B	0.09%
EXPD	C	0.09%
COR	B	0.09%
IT	C	0.09%
UBER	F	0.09%
TXRH	B	0.09%
CNC	D	0.08%
OVV	B	0.08%
GDDY	A	0.08%
BJ	A	0.08%
FICO	B	0.08%
DKS	D	0.08%
WDAY	B	0.08%
COIN	C	0.08%
FTI	A	0.08%
CASY	A	0.08%
NCLH	B	0.08%
EWBC	A	0.08%
SQ	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	B	0.07%
SAIA	B	0.07%
JXN	C	0.07%
ABNB	C	0.07%
MLI	B	0.07%
SPOT	B	0.07%
TOL	B	0.07%
RMD	C	0.07%
POOL	C	0.07%
MUSA	B	0.07%
FI	A	0.07%
BLDR	D	0.07%
TDG	D	0.07%
PRI	B	0.07%
PR	B	0.06%
VLTO	C	0.06%
KVUE	A	0.06%
WAL	B	0.06%
LECO	C	0.06%
ATI	C	0.06%
WMS	F	0.06%
MANH	D	0.06%
GNRC	C	0.06%
GPK	C	0.06%
BWXT	B	0.06%
DCI	B	0.06%
PFGC	B	0.06%
ANF	F	0.06%
DASH	B	0.06%
LPX	B	0.06%
CBRE	B	0.06%
BALL	F	0.06%
ENSG	C	0.05%
CROX	D	0.05%
MSCI	C	0.05%
ZM	C	0.05%
WFRD	D	0.05%
SKX	D	0.05%
JLL	D	0.05%
DXCM	C	0.05%
KHC	F	0.05%
RHI	C	0.05%
MKTX	D	0.05%
WTFC	A	0.05%
MTDR	B	0.05%
AAON	B	0.05%
TER	F	0.05%
SNOW	B	0.05%
CDW	F	0.05%
KMX	B	0.05%
ALV	C	0.05%
AXON	A	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
CHRD	D	0.05%
VEEV	C	0.05%
WAT	C	0.05%
UFPI	C	0.05%
IR	B	0.05%
LNTH	D	0.05%
AIT	B	0.05%
GGG	B	0.05%
FYBR	C	0.05%
WST	C	0.05%
HWM	A	0.05%
AME	A	0.05%
DOCU	B	0.05%
WSO	A	0.05%
FND	D	0.05%
CRBG	B	0.05%
TEAM	A	0.05%
NRG	B	0.05%
HOOD	B	0.05%
TTD	B	0.05%
KNSL	B	0.05%
HLT	A	0.05%
ATR	B	0.05%
AGCO	D	0.04%
ALNY	D	0.04%
EVR	B	0.04%
DTM	A	0.04%
AWI	A	0.04%
SSD	F	0.04%
TWLO	A	0.04%
KNX	C	0.04%
NBIX	C	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
XPO	B	0.04%
YUM	D	0.04%
IQV	F	0.04%
DINO	D	0.04%
FN	C	0.04%
CMC	B	0.04%
CPAY	A	0.04%
NET	B	0.04%
CRUS	D	0.04%
ALGN	D	0.04%
TYL	B	0.04%
MTG	C	0.04%
WCN	A	0.04%
TREX	C	0.04%
ITT	A	0.04%
KBH	D	0.04%
KD	B	0.04%
CSGP	D	0.04%
AXTA	B	0.04%
SOFI	B	0.04%
RRC	B	0.04%
CLH	C	0.04%
JKHY	D	0.04%
JAZZ	B	0.04%
CRS	B	0.04%
ANSS	B	0.04%
GAP	C	0.04%
LSTR	D	0.04%
EPAM	B	0.04%
CBSH	B	0.04%
FDS	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
OMF	A	0.04%
MPWR	F	0.04%
MEDP	D	0.03%
GWRE	A	0.03%
IBKR	A	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%
MRNA	F	0.03%
GMED	A	0.03%
DY	D	0.03%
ENLC	A	0.03%
UHAL	D	0.03%
RLI	A	0.03%
GME	C	0.03%
NWSA	A	0.03%
FFIV	B	0.03%
X	B	0.03%
ROL	B	0.03%
AFRM	A	0.03%
HALO	F	0.03%
OLN	F	0.03%
PEGA	B	0.03%
NYT	D	0.03%
ZS	B	0.03%
CTLT	C	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	B	0.03%
PODD	C	0.03%
HLNE	B	0.03%
WWD	C	0.03%
EXPO	D	0.03%
NU	C	0.03%
BMRN	F	0.03%
STX	C	0.03%
MTD	F	0.03%
WDC	D	0.03%
MUR	D	0.03%
AM	A	0.03%
AKAM	D	0.03%
HOLX	D	0.03%
GNTX	C	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%
ESNT	F	0.03%
MAT	D	0.03%
SEIC	B	0.03%
AA	A	0.03%
PTC	B	0.03%
ALK	B	0.03%
CW	C	0.03%
SSB	B	0.03%
BPOP	C	0.03%
TTC	C	0.03%
CIEN	C	0.03%
BAH	F	0.03%
WBD	B	0.03%
CIVI	D	0.03%
APA	D	0.03%
AR	B	0.03%
MNST	C	0.03%
PNFP	B	0.03%
CLF	F	0.03%
CVLT	B	0.03%
AOS	F	0.03%
ONB	C	0.03%
PCTY	C	0.02%
EXLS	B	0.02%
LNW	F	0.02%
ROIV	C	0.02%
MSA	F	0.02%
INSM	C	0.02%
FRPT	A	0.02%
RBC	A	0.02%
TRU	D	0.02%
PPC	C	0.02%
QRVO	F	0.02%
OKTA	C	0.02%
ARMK	B	0.02%
FCN	F	0.02%
MDU	D	0.02%
HOMB	A	0.02%
ALSN	B	0.02%
OZK	B	0.02%
WTW	B	0.02%
FSS	B	0.02%
ROKU	D	0.02%
OLED	F	0.02%
ONTO	F	0.02%
CNM	D	0.02%
DAR	C	0.02%
BRKR	D	0.02%
BMI	B	0.02%
HLI	A	0.02%
ARES	A	0.02%
FLR	B	0.02%
GLOB	B	0.02%
JHG	B	0.02%
OLLI	D	0.02%
Z	A	0.02%
LYV	A	0.02%
MMSI	A	0.02%
MOG.A	B	0.02%
CHE	D	0.02%
DOCS	C	0.02%
TOST	B	0.02%
LFUS	D	0.02%
TECH	F	0.02%
CCK	D	0.02%
FBIN	D	0.02%
LW	C	0.02%
MTH	D	0.02%
SN	D	0.02%
COOP	B	0.02%
CG	B	0.02%
ENTG	D	0.02%
CSWI	B	0.02%
PINS	F	0.02%
FOX	A	0.02%
M	F	0.02%
HESM	B	0.02%
MGY	A	0.02%
PCVX	D	0.02%
NTRA	A	0.02%
QLYS	B	0.02%
TW	A	0.02%
RVTY	F	0.02%
THC	D	0.02%
TMHC	C	0.02%
AMKR	D	0.02%
RVMD	C	0.02%
MASI	B	0.02%
CHDN	B	0.02%
LBRDK	C	0.02%
CADE	B	0.02%
TPX	B	0.02%
ERIE	D	0.02%
ACM	B	0.02%
TFX	F	0.02%
NTNX	B	0.02%
PB	B	0.02%
SATS	D	0.02%
GFS	C	0.01%
SNAP	D	0.01%
LYFT	C	0.01%
HEI	A	0.01%
SEE	C	0.01%
RMBS	B	0.01%
ELF	C	0.01%
FLUT	A	0.01%
PAG	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%
BBWI	C	0.01%
CFLT	B	0.01%
TNET	F	0.01%
CYTK	F	0.01%
CHWY	B	0.01%
LCID	F	0.01%
GTLS	A	0.01%
U	C	0.01%
CWEN	C	0.01%
TDW	F	0.01%
EXAS	D	0.01%
RGEN	D	0.01%
VAL	F	0.01%
NOVT	D	0.01%
VERX	A	0.01%
SUM	B	0.01%
ALTR	B	0.01%
WYNN	C	0.01%
PEN	B	0.01%
DKNG	B	0.01%
NDSN	B	0.01%
HQY	A	0.01%
NXST	C	0.01%
PATH	C	0.01%
AVAV	C	0.01%
NWS	A	0.01%
HXL	F	0.01%
ESAB	C	0.01%
DDS	B	0.01%
BRBR	A	0.01%
PCOR	B	0.01%
NPAB	F	0.01%
ACHC	F	0.01%
PSN	D	0.01%
DLB	B	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	D	0.01%
MKSI	C	0.01%
KRYS	C	0.01%
BILL	A	0.01%
CWAN	B	0.01%
RRR	F	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	B	0.01%
CWST	A	0.01%
SSNC	B	0.01%
DBX	B	0.01%
VRNS	D	0.01%
LKQ	F	0.01%
DUOL	A	0.01%
MTCH	D	0.01%
ATKR	D	0.01%
BSY	F	0.01%
BECN	B	0.01%
CACI	D	0.01%
USFD	A	0.01%
APPF	B	0.01%
AVTR	F	0.01%
PARA	C	0.01%
MARA	B	0.01%
BOKF	B	0.01%
OGN	F	0.01%
J	D	0.01%
RYAN	A	0.01%
SRPT	F	0.01%
RBLX	C	0.01%
MTSI	B	0.01%
KBR	F	0.01%
XP	F	0.01%
LEVI	F	0.01%
WEX	D	0.01%
CRL	D	0.01%
MGM	D	0.01%
AZEK	A	0.01%
MIDD	C	0.01%
BCPC	B	0.01%
ENPH	F	0.01%
LUMN	C	0.01%
BYD	B	0.01%
VVV	D	0.01%
SPSC	D	0.01%
WTS	B	0.01%
BIO	C	0.01%
SMAR	B	0.01%
TTEK	F	0.01%
PLNT	A	0.01%
ZWS	B	0.01%
MDGL	B	0.01%
WSC	F	0.01%
GKOS	B	0.01%
PFSI	C	0.01%
SITE	F	0.01%
WING	D	0.01%
DVA	C	0.01%
IOT	A	0.01%
VKTX	F	0.01%
PBF	D	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%
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	D	0.01%
NVST	B	0.0%
TPG	A	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
RARE	F	0.0%
AGL	F	0.0%
EMBC	C	0.0%
KLG	B	0.0%
HIMS	B	0.0%
SEDG	F	0.0%
COTY	F	0.0%
FG	A	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
IMVT	F	0.0%
RNA	C	0.0%
SPB	C	0.0%
TXG	F	0.0%
SIRI	C	0.0%
SAM	C	0.0%
UGI	C	0.0%
BRZE	C	0.0%
CRVL	B	0.0%
BBIO	F	0.0%
GBCI	B	0.0%
UHAL	D	0.0%
APLS	F	0.0%
IPGP	D	0.0%
INFA	D	0.0%
FNB	A	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	B	0.0%
HRI	C	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	D	0.0%
NFE	D	0.0%
BIRK	D	0.0%
OWL	A	0.0%
INSP	D	0.0%
ESI	B	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	F	0.0%
COLB	B	0.0%
POST	C	0.0%
ACT	C	0.0%
ETSY	D	0.0%
BFAM	D	0.0%
REYN	D	0.0%
NUVL	C	0.0%
DAY	B	0.0%
RDDT	A	0.0%
TMDX	F	0.0%
SAIC	F	0.0%
ALGM	D	0.0%
ZETA	D	0.0%
RBRK	A	0.0%
RH	C	0.0%
SLGN	A	0.0%
TKO	A	0.0%
APG	B	0.0%
BPMC	B	0.0%

AVLC Underweight 128 Positions Relative to SCHZ

Symbol	Grade	Weight
WIT	B	-0.08%
STLA	F	-0.01%
EDC	F	-0.01%
CTS	C	-0.01%
COO	D	-0.0%
VLY	B	-0.0%
OCSL	F	-0.0%
SAN	D	-0.0%
SAVE	F	-0.0%
SAFE	F	-0.0%
EPRT	B	-0.0%
SUI	C	-0.0%
VNO	C	-0.0%
SKT	A	-0.0%
THG	A	-0.0%
TEL	B	-0.0%
PRE	D	-0.0%
AVA	A	-0.0%
TME	D	-0.0%
KMPR	A	-0.0%
PSEC	D	-0.0%
GBDC	D	-0.0%
AMH	C	-0.0%
BDN	C	-0.0%
JD	D	-0.0%
LAZ	B	-0.0%
EPR	C	-0.0%
HOG	D	-0.0%
HP	C	-0.0%
SBRA	C	-0.0%
MCY	A	-0.0%
BKU	A	-0.0%
KMT	B	-0.0%
SCS	C	-0.0%
INVH	D	-0.0%
REXR	F	-0.0%
HR	B	-0.0%
AAP	D	-0.0%
LXP	D	-0.0%
BCSF	C	-0.0%
PDM	D	-0.0%
SLG	B	-0.0%
GSBD	F	-0.0%
ADC	A	-0.0%
NHI	D	-0.0%
SITC	D	-0.0%
OPI	F	-0.0%
MAIN	A	-0.0%
CUBE	C	-0.0%
ESGR	B	-0.0%
HPP	F	-0.0%
WB	D	-0.0%
FRT	B	-0.0%
NWE	B	-0.0%
OGS	A	-0.0%
NNN	C	-0.0%
WU	F	-0.0%
ESS	B	-0.0%
AWH	F	-0.0%
PSA	C	-0.0%
JBLU	F	-0.0%
HIW	C	-0.0%
DSS	F	-0.0%
REG	A	-0.0%
GP	F	-0.0%
EE	A	-0.0%
PLD	F	-0.0%
LEG	F	-0.0%
CNO	B	-0.0%
CNH	C	-0.0%
KSS	F	-0.0%
DOC	C	-0.0%
KRG	B	-0.0%
HST	C	-0.0%
KRC	B	-0.0%
CPT	B	-0.0%
GLPI	C	-0.0%
MAA	B	-0.0%
DLR	B	-0.0%
ARE	F	-0.0%
FSK	A	-0.0%
WPC	C	-0.0%
WEST	C	-0.0%
VTR	B	-0.0%
AVT	C	-0.0%
HUN	F	-0.0%
BKH	A	-0.0%
EQR	C	-0.0%
BIDU	F	-0.0%
KIM	A	-0.0%
O	C	-0.0%
CCI	C	-0.0%
CAF	D	-0.0%
CP	F	-0.0%
BRX	A	-0.0%
BHF	C	-0.0%
WY	F	-0.0%
WELL	A	-0.0%
ARCC	A	-0.0%
AVB	B	-0.0%
SCCO	F	-0.0%
OHI	C	-0.0%
COE	C	-0.0%
PAA	B	-0.0%
KOF	F	-0.0%
UDR	B	-0.0%
EQIX	A	-0.0%
BMO	A	-0.0%
BNS	A	-0.0%
EPD	A	-0.0%
SPG	A	-0.0%
BXP	C	-0.0%
CM	A	-0.0%
DB	D	-0.0%
MPLX	A	-0.0%
MP	C	-0.0%
RY	A	-0.0%
AMT	C	-0.0%
AER	A	-0.0%
BABA	D	-0.0%
EQNR	C	-0.0%
MUFG	B	-0.0%
NWG	A	-0.0%
BHP	F	-0.0%
TD	D	-0.0%
VOD	F	-0.0%
HSBC	A	-0.0%
GSK	F	-0.0%