AVLC vs. SSO ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to ProShares Ultra S&P500 (SSO)

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

$69.27

Average Daily Volume

18,758

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.98

Average Daily Volume

2,188,294

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	SSO
30 Days	2.83%	3.79%
60 Days	7.80%	12.24%
90 Days	9.13%	15.01%
12 Months	34.06%	67.69%

469 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in SSO	Overlap
	A	F	0.06%	0.05%	0.05%
	AAPL	C	5.32%	4.38%	4.38%
	ABBV	D	0.45%	0.45%	0.45%
	ABNB	C	0.08%	0.08%	0.08%
	ABT	C	0.2%	0.26%	0.2%
	ACGL	D	0.14%	0.05%	0.05%
	ACN	C	0.31%	0.28%	0.28%
	ADBE	C	0.31%	0.28%	0.28%
	ADI	F	0.16%	0.14%	0.14%
	ADM	F	0.11%	0.03%	0.03%
	ADP	A	0.36%	0.16%	0.16%
	ADSK	A	0.09%	0.08%	0.08%
	AEE	A	0.08%	0.03%	0.03%
	AEP	D	0.14%	0.07%	0.07%
	AES	F	0.06%	0.01%	0.01%
	AFL	C	0.19%	0.07%	0.07%
	AIG	B	0.21%	0.06%	0.06%
	AIZ	A	0.05%	0.01%	0.01%
	AJG	A	0.05%	0.08%	0.05%
	AKAM	F	0.04%	0.02%	0.02%
	ALB	B	0.01%	0.02%	0.01%
	ALGN	F	0.04%	0.02%	0.02%
	ALL	A	0.19%	0.07%	0.07%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.38%	0.2%	0.2%
	AMCR	D	0.02%	0.02%	0.02%
	AMD	F	0.34%	0.3%	0.3%
	AME	A	0.05%	0.06%	0.05%
	AMGN	F	0.21%	0.22%	0.21%
	AMP	A	0.26%	0.07%	0.07%
	AMZN	A	2.98%	2.47%	2.47%
	ANET	C	0.17%	0.13%	0.13%
	ANSS	B	0.04%	0.04%	0.04%
	AON	A	0.09%	0.11%	0.09%
	AOS	F	0.04%	0.01%	0.01%
	APA	F	0.03%	0.01%	0.01%
	APD	B	0.22%	0.09%	0.09%
	APH	B	0.13%	0.11%	0.11%
	APTV	D	0.04%	0.02%	0.02%
	ATO	A	0.05%	0.03%	0.03%
	AVGO	C	1.18%	1.09%	1.09%
	AVY	F	0.03%	0.02%	0.02%
	AWK	D	0.03%	0.03%	0.03%
	AXON	B	0.04%	0.05%	0.04%
	AXP	B	0.4%	0.21%	0.21%
	AZO	C	0.05%	0.07%	0.05%
	BA	F	0.06%	0.14%	0.06%
	BAC	A	0.41%	0.39%	0.39%
	BALL	D	0.06%	0.02%	0.02%
	BAX	F	0.02%	0.02%	0.02%
	BBY	D	0.12%	0.02%	0.02%
	BDX	D	0.05%	0.09%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.08%	0.02%	0.02%
	BIIB	F	0.03%	0.03%	0.03%
	BK	B	0.18%	0.07%	0.07%
	BKNG	A	0.13%	0.21%	0.13%
	BKR	B	0.18%	0.05%	0.05%
	BLDR	D	0.07%	0.03%	0.03%
	BMY	B	0.17%	0.14%	0.14%
	BR	A	0.04%	0.03%	0.03%
	BRK.A	B	0.66%	1.08%	0.66%
	BRO	A	0.02%	0.03%	0.02%
	BSX	A	0.12%	0.16%	0.12%
	BWA	B	0.05%	0.01%	0.01%
	BX	A	0.1%	0.16%	0.1%
	C	A	0.22%	0.17%	0.17%
	CAG	F	0.01%	0.02%	0.01%
	CAH	A	0.03%	0.04%	0.03%
	CARR	C	0.06%	0.08%	0.06%
	CAT	C	0.55%	0.24%	0.24%
	CB	C	0.22%	0.13%	0.13%
	CBOE	D	0.03%	0.03%	0.03%
	CBRE	A	0.06%	0.05%	0.05%
	CCL	A	0.12%	0.03%	0.03%
	CDNS	B	0.12%	0.1%	0.1%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.12%	0.09%	0.09%
	CF	B	0.09%	0.02%	0.02%
	CFG	B	0.08%	0.03%	0.03%
	CHD	B	0.05%	0.03%	0.03%
	CHRW	A	0.02%	0.02%	0.02%
	CHTR	B	0.05%	0.05%	0.05%
	CI	D	0.07%	0.11%	0.07%
	CINF	A	0.07%	0.03%	0.03%
	CL	F	0.18%	0.1%	0.1%
	CLX	A	0.06%	0.03%	0.03%
	CMCSA	B	0.38%	0.22%	0.22%
	CME	A	0.11%	0.1%	0.1%
	CMG	B	0.23%	0.1%	0.1%
	CMI	A	0.2%	0.06%	0.06%
	CMS	C	0.06%	0.03%	0.03%
	CNC	F	0.08%	0.04%	0.04%
	CNP	B	0.02%	0.03%	0.02%
	COF	B	0.23%	0.09%	0.09%
	COP	C	0.38%	0.16%	0.16%
	COR	A	0.09%	0.05%	0.05%
	COST	B	0.93%	0.53%	0.53%
	CPAY	A	0.04%	0.03%	0.03%
	CPB	F	0.01%	0.01%	0.01%
	CPRT	A	0.09%	0.06%	0.06%
	CRL	C	0.01%	0.01%	0.01%
	CRM	B	0.4%	0.4%	0.4%
	CRWD	B	0.1%	0.1%	0.1%
	CSCO	A	0.3%	0.3%	0.3%
	CSGP	D	0.04%	0.04%	0.04%
	CSX	B	0.26%	0.09%	0.09%
	CTAS	A	0.11%	0.1%	0.1%
	CTLT	D	0.03%	0.01%	0.01%
	CTRA	B	0.1%	0.02%	0.02%
	CTSH	A	0.12%	0.05%	0.05%
	CTVA	C	0.08%	0.05%	0.05%
	CVS	F	0.05%	0.09%	0.05%
	CVX	B	0.63%	0.34%	0.34%
	CZR	F	0.0%	0.01%	0.0%
	D	D	0.05%	0.06%	0.05%
	DAL	A	0.22%	0.05%	0.05%
	DAY	C	0.0%	0.02%	0.0%
	DD	D	0.07%	0.04%	0.04%
	DE	D	0.32%	0.13%	0.13%
	DECK	B	0.16%	0.03%	0.03%
	DELL	B	0.06%	0.05%	0.05%
	DFS	B	0.08%	0.06%	0.06%
	DG	F	0.06%	0.02%	0.02%
	DGX	A	0.01%	0.02%	0.01%
	DHI	F	0.12%	0.06%	0.06%
	DHR	F	0.13%	0.2%	0.13%
	DIS	B	0.17%	0.23%	0.17%
	DLTR	F	0.07%	0.02%	0.02%
	DOV	A	0.03%	0.04%	0.03%
	DOW	F	0.15%	0.04%	0.04%
	DPZ	C	0.02%	0.02%	0.02%
	DRI	B	0.1%	0.03%	0.03%
	DTE	D	0.07%	0.03%	0.03%
	DUK	D	0.16%	0.11%	0.11%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.14%	0.03%	0.03%
	DXCM	C	0.04%	0.04%	0.04%
	EA	A	0.06%	0.05%	0.05%
	EBAY	C	0.14%	0.04%	0.04%
	ECL	C	0.06%	0.08%	0.06%
	ED	D	0.09%	0.04%	0.04%
	EFX	D	0.02%	0.04%	0.02%
	EG	D	0.07%	0.02%	0.02%
	EIX	C	0.09%	0.04%	0.04%
	EL	F	0.02%	0.02%	0.02%
	ELV	F	0.14%	0.12%	0.12%
	EMN	D	0.05%	0.02%	0.02%
	EMR	A	0.05%	0.09%	0.05%
	ENPH	F	0.01%	0.01%	0.01%
	EOG	A	0.28%	0.1%	0.1%
	EPAM	B	0.04%	0.02%	0.02%
	EQT	B	0.1%	0.03%	0.03%
	ERIE	F	0.03%	0.01%	0.01%
	ES	D	0.02%	0.03%	0.02%
	ETN	A	0.14%	0.19%	0.14%
	ETR	B	0.12%	0.04%	0.04%
	EVRG	A	0.05%	0.02%	0.02%
	EW	D	0.08%	0.05%	0.05%
	EXC	C	0.1%	0.05%	0.05%
	EXPD	D	0.09%	0.02%	0.02%
	EXPE	B	0.04%	0.03%	0.03%
	F	C	0.2%	0.05%	0.05%
	FANG	D	0.17%	0.04%	0.04%
	FAST	A	0.2%	0.06%	0.06%
	FCX	F	0.21%	0.08%	0.08%
	FDS	A	0.04%	0.02%	0.02%
	FDX	B	0.25%	0.08%	0.08%
	FE	D	0.02%	0.03%	0.02%
	FFIV	A	0.03%	0.02%	0.02%
	FI	A	0.07%	0.15%	0.07%
	FICO	B	0.07%	0.07%	0.07%
	FIS	B	0.06%	0.06%	0.06%
	FITB	A	0.13%	0.04%	0.04%
	FMC	F	0.04%	0.01%	0.01%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	A	0.04%	0.01%	0.01%
	FSLR	F	0.11%	0.03%	0.03%
	FTNT	B	0.19%	0.07%	0.07%
	FTV	D	0.01%	0.03%	0.01%
	GD	A	0.05%	0.1%	0.05%
	GDDY	A	0.07%	0.03%	0.03%
	GE	C	0.19%	0.25%	0.19%
	GEHC	F	0.03%	0.05%	0.03%
	GEV	B	0.14%	0.12%	0.12%
	GILD	C	0.38%	0.15%	0.15%
	GIS	F	0.03%	0.05%	0.03%
	GL	B	0.06%	0.01%	0.01%
	GLW	C	0.09%	0.05%	0.05%
	GM	A	0.29%	0.08%	0.08%
	GNRC	B	0.06%	0.01%	0.01%
	GOOG	B	1.32%	1.1%	1.1%
	GOOGL	B	1.59%	1.33%	1.33%
	GPC	D	0.06%	0.02%	0.02%
	GPN	B	0.01%	0.04%	0.01%
	GRMN	A	0.09%	0.04%	0.04%
	GS	B	0.43%	0.24%	0.24%
	GWW	B	0.23%	0.07%	0.07%
	HAL	C	0.13%	0.03%	0.03%
	HAS	D	0.02%	0.01%	0.01%
	HBAN	B	0.11%	0.03%	0.03%
	HCA	D	0.06%	0.08%	0.06%
	HD	B	0.56%	0.51%	0.51%
	HES	C	0.19%	0.05%	0.05%
	HIG	C	0.19%	0.04%	0.04%
	HII	D	0.04%	0.01%	0.01%
	HLT	A	0.05%	0.08%	0.05%
	HOLX	D	0.03%	0.02%	0.02%
	HON	B	0.14%	0.18%	0.14%
	HPE	B	0.08%	0.04%	0.04%
	HPQ	B	0.05%	0.05%	0.05%
	HRL	F	0.02%	0.01%	0.01%
	HSIC	F	0.01%	0.01%	0.01%
	HSY	D	0.09%	0.03%	0.03%
	HUBB	B	0.04%	0.03%	0.03%
	HUM	D	0.05%	0.04%	0.04%
	HWM	A	0.05%	0.06%	0.05%
	IBM	C	0.27%	0.25%	0.25%
	ICE	D	0.07%	0.11%	0.07%
	IDXX	D	0.11%	0.05%	0.05%
	IEX	B	0.03%	0.02%	0.02%
	IFF	F	0.06%	0.03%	0.03%
	INCY	B	0.03%	0.02%	0.02%
	INTC	C	0.17%	0.14%	0.14%
	INTU	A	0.26%	0.24%	0.24%
	IP	C	0.13%	0.03%	0.03%
	IPG	F	0.01%	0.01%	0.01%
	IQV	F	0.04%	0.05%	0.04%
	IR	A	0.05%	0.05%	0.05%
	ISRG	A	0.17%	0.24%	0.17%
	IT	A	0.09%	0.05%	0.05%
	ITW	A	0.12%	0.09%	0.09%
	IVZ	C	0.02%	0.01%	0.01%
	J	B	0.01%	0.02%	0.01%
	JBHT	B	0.08%	0.02%	0.02%
	JBL	C	0.11%	0.02%	0.02%
	JCI	A	0.04%	0.07%	0.04%
	JKHY	C	0.04%	0.02%	0.02%
	JNJ	D	0.6%	0.48%	0.48%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	B	1.17%	0.86%	0.86%
	K	A	0.03%	0.03%	0.03%
	KDP	D	0.05%	0.04%	0.04%
	KEY	B	0.06%	0.02%	0.02%
	KEYS	C	0.07%	0.04%	0.04%
	KHC	F	0.05%	0.04%	0.04%
	KKR	B	0.15%	0.13%	0.13%
	KLAC	F	0.22%	0.12%	0.12%
	KMB	F	0.14%	0.06%	0.06%
	KMI	B	0.1%	0.07%	0.07%
	KMX	C	0.05%	0.01%	0.01%
	KO	F	0.4%	0.31%	0.31%
	KR	A	0.2%	0.05%	0.05%
	KVUE	B	0.06%	0.06%	0.06%
	L	A	0.07%	0.02%	0.02%
	LDOS	B	0.03%	0.03%	0.03%
	LEN	D	0.01%	0.05%	0.01%
	LEN	D	0.18%	0.05%	0.05%
	LH	A	0.04%	0.03%	0.03%
	LHX	A	0.03%	0.06%	0.03%
	LIN	D	0.21%	0.28%	0.21%
	LKQ	D	0.01%	0.01%	0.01%
	LLY	F	0.78%	0.83%	0.78%
	LMT	C	0.22%	0.15%	0.15%
	LNT	C	0.03%	0.02%	0.02%
	LOW	B	0.12%	0.2%	0.12%
	LRCX	F	0.37%	0.13%	0.13%
	LULU	C	0.15%	0.05%	0.05%
	LUV	B	0.08%	0.02%	0.02%
	LVS	C	0.09%	0.02%	0.02%
	LW	C	0.02%	0.01%	0.01%
	LYB	F	0.12%	0.03%	0.03%
	LYV	B	0.02%	0.02%	0.02%
	MA	B	0.65%	0.55%	0.55%
	MAR	A	0.05%	0.08%	0.05%
	MAS	D	0.02%	0.02%	0.02%
	MCD	C	0.16%	0.27%	0.16%
	MCHP	F	0.05%	0.05%	0.05%
	MCK	A	0.07%	0.1%	0.07%
	MCO	C	0.1%	0.09%	0.09%
	MDLZ	F	0.09%	0.11%	0.09%
	MDT	D	0.12%	0.14%	0.12%
	MET	C	0.2%	0.06%	0.06%
	META	B	2.31%	1.63%	1.63%
	MGM	D	0.01%	0.01%	0.01%
	MHK	D	0.05%	0.01%	0.01%
	MKC	D	0.01%	0.02%	0.01%
	MKTX	C	0.05%	0.01%	0.01%
	MLM	B	0.14%	0.05%	0.05%
	MMC	C	0.09%	0.14%	0.09%
	MMM	C	0.19%	0.09%	0.09%
	MNST	B	0.03%	0.05%	0.03%
	MO	A	0.08%	0.12%	0.08%
	MOH	F	0.07%	0.02%	0.02%
	MOS	D	0.05%	0.01%	0.01%
	MPC	D	0.22%	0.07%	0.07%
	MPWR	F	0.06%	0.05%	0.05%
	MRK	F	0.33%	0.33%	0.33%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	B	0.11%	0.02%	0.02%
	MS	A	0.34%	0.2%	0.2%
	MSCI	B	0.04%	0.06%	0.04%
	MSFT	C	4.41%	3.99%	3.99%
	MSI	B	0.21%	0.11%	0.11%
	MTB	B	0.11%	0.04%	0.04%
	MTCH	F	0.01%	0.01%	0.01%
	MTD	F	0.03%	0.04%	0.03%
	MU	D	0.2%	0.16%	0.16%
	NCLH	B	0.08%	0.02%	0.02%
	NDAQ	A	0.02%	0.04%	0.02%
	NDSN	B	0.01%	0.02%	0.01%
	NEE	D	0.07%	0.2%	0.07%
	NEM	F	0.02%	0.07%	0.02%
	NFLX	A	0.47%	0.43%	0.43%
	NI	A	0.02%	0.02%	0.02%
	NKE	F	0.17%	0.12%	0.12%
	NOC	C	0.05%	0.09%	0.05%
	NOW	A	0.29%	0.26%	0.26%
	NRG	B	0.06%	0.03%	0.03%
	NSC	B	0.22%	0.08%	0.08%
	NTAP	D	0.07%	0.03%	0.03%
	NTRS	A	0.11%	0.03%	0.03%
	NUE	C	0.17%	0.05%	0.05%
	NVDA	B	4.93%	4.61%	4.61%
	NVR	D	0.1%	0.04%	0.04%
	NWS	B	0.01%	0.0%	0.0%
	NWSA	B	0.03%	0.01%	0.01%
	NXPI	F	0.08%	0.08%	0.08%
	ODFL	B	0.14%	0.05%	0.05%
	OKE	A	0.19%	0.08%	0.08%
	OMC	B	0.02%	0.03%	0.02%
	ON	F	0.13%	0.04%	0.04%
	ORCL	A	0.42%	0.38%	0.38%
	ORLY	A	0.07%	0.09%	0.07%
	OTIS	C	0.04%	0.05%	0.04%
	OXY	D	0.15%	0.04%	0.04%
	PANW	A	0.18%	0.16%	0.16%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.07%	0.01%	0.01%
	PAYX	B	0.17%	0.06%	0.06%
	PCAR	B	0.24%	0.08%	0.08%
	PCG	A	0.13%	0.06%	0.06%
	PEG	C	0.09%	0.05%	0.05%
	PEP	D	0.27%	0.29%	0.27%
	PFE	F	0.15%	0.19%	0.15%
	PFG	C	0.09%	0.02%	0.02%
	PG	C	0.39%	0.5%	0.39%
	PGR	A	0.45%	0.19%	0.19%
	PH	A	0.09%	0.11%	0.09%
	PHM	D	0.12%	0.04%	0.04%
	PKG	B	0.12%	0.03%	0.03%
	PLTR	B	0.16%	0.15%	0.15%
	PM	C	0.18%	0.25%	0.18%
	PNC	B	0.22%	0.1%	0.1%
	PNR	A	0.01%	0.02%	0.01%
	PNW	B	0.05%	0.01%	0.01%
	PODD	B	0.03%	0.02%	0.02%
	POOL	D	0.08%	0.02%	0.02%
	PPG	F	0.05%	0.04%	0.04%
	PPL	A	0.07%	0.03%	0.03%
	PRU	B	0.18%	0.06%	0.06%
	PSX	D	0.19%	0.07%	0.07%
	PTC	B	0.03%	0.03%	0.03%
	PWR	B	0.09%	0.06%	0.06%
	PYPL	A	0.3%	0.11%	0.11%
	QCOM	F	0.52%	0.24%	0.24%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	A	0.26%	0.07%	0.07%
	REGN	F	0.14%	0.11%	0.11%
	RF	B	0.08%	0.03%	0.03%
	RJF	A	0.11%	0.04%	0.04%
	RL	B	0.06%	0.01%	0.01%
	RMD	C	0.07%	0.05%	0.05%
	ROK	B	0.04%	0.04%	0.04%
	ROL	B	0.03%	0.02%	0.02%
	ROP	A	0.09%	0.08%	0.08%
	ROST	F	0.22%	0.06%	0.06%
	RSG	A	0.03%	0.05%	0.03%
	RTX	C	0.16%	0.21%	0.16%
	RVTY	C	0.02%	0.02%	0.02%
	SBUX	B	0.09%	0.14%	0.09%
	SCHW	A	0.2%	0.14%	0.14%
	SHW	A	0.14%	0.11%	0.11%
	SJM	F	0.01%	0.02%	0.01%
	SLB	C	0.09%	0.08%	0.08%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.08%	0.02%	0.02%
	SNPS	B	0.12%	0.11%	0.11%
	SO	D	0.12%	0.12%	0.12%
	SOLV	D	0.01%	0.01%	0.01%
	SPGI	C	0.09%	0.2%	0.09%
	SRE	A	0.07%	0.07%	0.07%
	STE	F	0.04%	0.03%	0.03%
	STLD	B	0.13%	0.03%	0.03%
	STT	B	0.1%	0.04%	0.04%
	STX	D	0.03%	0.03%	0.03%
	STZ	D	0.05%	0.05%	0.05%
	SW	C	0.1%	0.03%	0.03%
	SWK	F	0.02%	0.02%	0.02%
	SWKS	F	0.07%	0.02%	0.02%
	SYF	B	0.15%	0.03%	0.03%
	SYK	A	0.11%	0.16%	0.11%
	SYY	B	0.07%	0.05%	0.05%
	T	A	0.42%	0.2%	0.2%
	TAP	B	0.04%	0.01%	0.01%
	TDG	B	0.07%	0.1%	0.07%
	TDY	A	0.03%	0.03%	0.03%
	TECH	B	0.02%	0.02%	0.02%
	TER	F	0.05%	0.02%	0.02%
	TFC	B	0.19%	0.08%	0.08%
	TFX	F	0.03%	0.01%	0.01%
	TGT	C	0.28%	0.09%	0.09%
	TJX	B	0.43%	0.17%	0.17%
	TMO	F	0.15%	0.27%	0.15%
	TMUS	A	0.3%	0.15%	0.15%
	TPR	B	0.08%	0.02%	0.02%
	TRGP	B	0.26%	0.05%	0.05%
	TRMB	B	0.02%	0.02%	0.02%
	TROW	B	0.1%	0.03%	0.03%
	TRV	B	0.26%	0.07%	0.07%
	TSCO	C	0.18%	0.04%	0.04%
	TSLA	B	0.7%	1.13%	0.7%
	TSN	C	0.04%	0.02%	0.02%
	TT	A	0.13%	0.12%	0.12%
	TTWO	A	0.03%	0.04%	0.03%
	TXN	C	0.28%	0.26%	0.26%
	TXT	C	0.05%	0.02%	0.02%
	TYL	B	0.04%	0.03%	0.03%
	UAL	B	0.18%	0.04%	0.04%
	UBER	F	0.1%	0.19%	0.1%
	UHS	D	0.06%	0.02%	0.02%
	ULTA	C	0.11%	0.02%	0.02%
	UNH	B	0.36%	0.72%	0.36%
	UNP	C	0.48%	0.19%	0.19%
	UPS	C	0.19%	0.12%	0.12%
	URI	B	0.2%	0.07%	0.07%
	USB	A	0.22%	0.1%	0.1%
	V	A	0.58%	0.65%	0.58%
	VLO	D	0.16%	0.06%	0.06%
	VLTO	C	0.06%	0.03%	0.03%
	VMC	B	0.05%	0.05%	0.05%
	VRSK	A	0.12%	0.05%	0.05%
	VRSN	C	0.02%	0.02%	0.02%
	VRTX	B	0.25%	0.17%	0.17%
	VST	B	0.12%	0.06%	0.06%
	VTRS	B	0.09%	0.02%	0.02%
	VZ	C	0.44%	0.22%	0.22%
	WAB	A	0.04%	0.04%	0.04%
	WAT	A	0.05%	0.03%	0.03%
	WBA	D	0.0%	0.01%	0.0%
	WBD	B	0.03%	0.03%	0.03%
	WDC	D	0.03%	0.03%	0.03%
	WEC	B	0.04%	0.04%	0.04%
	WFC	A	0.53%	0.3%	0.3%
	WM	A	0.12%	0.1%	0.1%
	WMB	B	0.29%	0.09%	0.09%
	WMT	A	0.63%	0.47%	0.47%
	WRB	B	0.07%	0.02%	0.02%
	WST	B	0.05%	0.03%	0.03%
	WTW	A	0.02%	0.04%	0.02%
	WYNN	F	0.01%	0.01%	0.01%
	XEL	A	0.11%	0.05%	0.05%
	XOM	B	1.04%	0.68%	0.68%
	XYL	D	0.04%	0.04%	0.04%
	YUM	B	0.04%	0.05%	0.04%
	ZBH	C	0.05%	0.03%	0.03%
	ZBRA	A	0.03%	0.03%	0.03%
	ZTS	D	0.2%	0.1%	0.1%

AVLC Overweight 506 Positions Relative to SSO

	Symbol	Grade	Weight
	MELI	D	0.36%
	LNG	B	0.22%
	APO	B	0.16%
	EME	B	0.15%
	APP	B	0.14%
	VRT	B	0.13%
	CSL	B	0.13%
	TPL	B	0.13%
	CPNG	B	0.12%
	WSM	F	0.12%
	MKL	A	0.12%
	FCNCA	B	0.12%
	MRVL	B	0.11%
	BURL	C	0.11%
	SFM	B	0.11%
	LII	B	0.1%
	LPLA	B	0.1%
	RPM	A	0.1%
	FIX	B	0.1%
	UTHR	B	0.1%
	OC	A	0.1%
	FLEX	B	0.1%
	CVNA	B	0.09%
	EQH	B	0.09%
	TXRH	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%
	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%
	MLI	B	0.07%
	PRI	A	0.07%
	COIN	B	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%
	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%
	VEEV	B	0.05%
	SKX	F	0.05%
	DOCU	B	0.05%
	ZION	B	0.05%
	TEAM	B	0.05%
	ALV	C	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%
	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%
	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%
	MTG	C	0.04%
	FN	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%
	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%
	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%
	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%
	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%
	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%
	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 30 Positions Relative to SSO

	Symbol	Grade	Weight
	PLD	D	-0.14%
	AMT	F	-0.12%
	EQIX	B	-0.11%
	WELL	B	-0.1%
	PSA	C	-0.07%
	SPG	B	-0.07%
	DLR	C	-0.07%
	CCI	F	-0.06%
	O	D	-0.06%
	EXR	D	-0.05%
	VICI	D	-0.04%
	AVB	A	-0.04%
	IRM	D	-0.04%
	WY	F	-0.03%
	SBAC	D	-0.03%
	EQR	C	-0.03%
	VTR	C	-0.03%
	BXP	D	-0.02%
	REG	A	-0.02%
	HST	C	-0.02%
	CPT	C	-0.02%
	UDR	C	-0.02%
	GEN	A	-0.02%
	DOC	C	-0.02%
	KIM	A	-0.02%
	ARE	F	-0.02%
	MAA	C	-0.02%
	INVH	D	-0.02%
	ESS	C	-0.02%
	FRT	C	-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 IBD 50 Dow Jones Component Insurance Products Biotechnology Building Materials

SSO: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank