AVLC vs. VIG ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Vanguard Div Appreciation ETF - DNQ (VIG)

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

$68.64

Average Daily Volume

19,825

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

VIG

Vanguard Div Appreciation ETF - DNQ

VIG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the NASDAQ US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$198.64

Average Daily Volume

699,816

Number of Holdings ^*

336

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	VIG
30 Days	1.67%	-1.43%
60 Days	4.71%	0.97%
90 Days	6.55%	3.56%
12 Months	31.26%	24.23%

250 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in VIG	Overlap
	AAPL	C	5.24%	4.74%	4.74%
	ABBV	F	0.38%	1.94%	0.38%
	ABT	A	0.2%	1.06%	0.2%
	ACN	C	0.32%	1.16%	0.32%
	ADI	D	0.15%	0.6%	0.15%
	ADM	D	0.11%	0.14%	0.11%
	ADP	B	0.36%	0.64%	0.36%
	AES	F	0.06%	0.06%	0.06%
	AFG	A	0.06%	0.05%	0.05%
	AFL	C	0.19%	0.29%	0.19%
	AGCO	F	0.04%	0.03%	0.03%
	AGO	A	0.0%	0.02%	0.0%
	AIT	B	0.05%	0.05%	0.05%
	AIZ	A	0.05%	0.05%	0.05%
	AJG	B	0.05%	0.33%	0.05%
	AL	B	0.01%	0.02%	0.01%
	ALB	B	0.01%	0.06%	0.01%
	ALL	A	0.2%	0.26%	0.2%
	ALLE	D	0.02%	0.07%	0.02%
	AMGN	D	0.19%	0.93%	0.19%
	AMP	A	0.26%	0.27%	0.26%
	AON	B	0.1%	0.43%	0.1%
	AOS	F	0.03%	0.05%	0.03%
	APD	A	0.22%	0.37%	0.22%
	APH	B	0.12%	0.43%	0.12%
	ATO	A	0.05%	0.11%	0.05%
	ATR	B	0.05%	0.06%	0.05%
	AVGO	C	1.11%	4.24%	1.11%
	AVY	D	0.03%	0.09%	0.03%
	AWK	C	0.03%	0.15%	0.03%
	AXS	A	0.05%	0.03%	0.03%
	BAC	A	0.42%	1.52%	0.42%
	BAH	D	0.03%	0.13%	0.03%
	BC	D	0.02%	0.03%	0.02%
	BCPC	B	0.01%	0.03%	0.01%
	BDX	F	0.05%	0.36%	0.05%
	BK	B	0.18%	0.3%	0.18%
	BLK	B	0.18%	0.73%	0.18%
	BMI	C	0.02%	0.03%	0.02%
	BOKF	B	0.01%	0.01%	0.01%
	BR	B	0.04%	0.13%	0.04%
	BRO	B	0.02%	0.13%	0.02%
	CADE	B	0.02%	0.03%	0.02%
	CAH	B	0.03%	0.14%	0.03%
	CASY	A	0.08%	0.08%	0.08%
	CAT	C	0.52%	0.98%	0.52%
	CB	C	0.22%	0.57%	0.22%
	CBOE	C	0.03%	0.12%	0.03%
	CBSH	A	0.04%	0.04%	0.04%
	CBT	C	0.05%	0.03%	0.03%
	CDW	F	0.05%	0.14%	0.05%
	CE	F	0.01%	0.07%	0.01%
	CFR	B	0.04%	0.04%	0.04%
	CHD	A	0.05%	0.13%	0.05%
	CHDN	C	0.02%	0.06%	0.02%
	CHE	F	0.02%	0.04%	0.02%
	CHRW	B	0.03%	0.06%	0.03%
	CINF	A	0.07%	0.12%	0.07%
	CL	D	0.18%	0.41%	0.18%
	CLX	A	0.06%	0.11%	0.06%
	CMCSA	B	0.38%	0.92%	0.38%
	CME	A	0.12%	0.44%	0.12%
	CMI	A	0.21%	0.24%	0.21%
	CMS	C	0.06%	0.11%	0.06%
	COR	B	0.09%	0.22%	0.09%
	COST	A	0.94%	2.08%	0.94%
	CSCO	B	0.3%	1.18%	0.3%
	CSL	C	0.13%	0.1%	0.1%
	CSX	C	0.26%	0.35%	0.26%
	CTAS	B	0.12%	0.38%	0.12%
	DCI	B	0.06%	0.05%	0.05%
	DDS	B	0.01%	0.01%	0.01%
	DFS	B	0.08%	0.2%	0.08%
	DGX	A	0.01%	0.09%	0.01%
	DHI	D	0.12%	0.27%	0.12%
	DHR	D	0.13%	0.85%	0.13%
	DOV	B	0.03%	0.14%	0.03%
	DOX	D	0.03%	0.05%	0.03%
	DPZ	C	0.01%	0.08%	0.01%
	DTE	C	0.07%	0.14%	0.07%
	ECL	D	0.06%	0.33%	0.06%
	ELV	F	0.13%	0.51%	0.13%
	EMBC	D	0.0%	0.0%	0.0%
	EMN	D	0.04%	0.07%	0.04%
	EMR	A	0.05%	0.33%	0.05%
	ENSG	D	0.05%	0.05%	0.05%
	ERIE	F	0.02%	0.06%	0.02%
	ETN	B	0.14%	0.71%	0.14%
	EVR	B	0.04%	0.05%	0.04%
	EXPD	D	0.09%	0.09%	0.09%
	EXPO	D	0.03%	0.03%	0.03%
	FAF	C	0.03%	0.04%	0.03%
	FAST	B	0.2%	0.24%	0.2%
	FDS	B	0.04%	0.09%	0.04%
	FFIN	B	0.0%	0.03%	0.0%
	FITB	B	0.14%	0.16%	0.14%
	FIX	A	0.1%	0.07%	0.07%
	FLO	D	0.0%	0.02%	0.0%
	FNF	A	0.08%	0.08%	0.08%
	GD	D	0.05%	0.4%	0.05%
	GGG	B	0.05%	0.07%	0.05%
	GL	C	0.06%	0.05%	0.05%
	GLW	B	0.09%	0.2%	0.09%
	GPC	F	0.06%	0.09%	0.06%
	GS	B	0.44%	0.88%	0.44%
	GWW	B	0.23%	0.27%	0.23%
	HD	A	0.58%	2.11%	0.58%
	HEI	A	0.01%	0.05%	0.01%
	HEI	A	0.01%	0.08%	0.01%
	HEI	A	0.01%	0.05%	0.01%
	HEI	A	0.01%	0.08%	0.01%
	HIG	B	0.19%	0.18%	0.18%
	HII	F	0.04%	0.04%	0.04%
	HOMB	A	0.02%	0.03%	0.02%
	HON	B	0.15%	0.72%	0.15%
	HPQ	B	0.05%	0.19%	0.05%
	HRL	D	0.02%	0.05%	0.02%
	HSY	F	0.09%	0.14%	0.09%
	HUBB	B	0.04%	0.12%	0.04%
	HUM	D	0.05%	0.17%	0.05%
	IBM	C	0.27%	1.02%	0.27%
	ICE	C	0.07%	0.48%	0.07%
	IDA	A	0.01%	0.03%	0.01%
	IEX	B	0.03%	0.09%	0.03%
	INGR	B	0.07%	0.05%	0.05%
	INTU	B	0.27%	0.92%	0.27%
	ITT	A	0.04%	0.06%	0.04%
	ITW	B	0.12%	0.38%	0.12%
	JBHT	C	0.08%	0.08%	0.08%
	JKHY	D	0.04%	0.07%	0.04%
	JNJ	D	0.58%	2.07%	0.58%
	JPM	A	1.19%	3.4%	1.19%
	KLAC	F	0.21%	0.48%	0.21%
	KO	D	0.4%	1.36%	0.4%
	KR	B	0.2%	0.14%	0.14%
	LAD	B	0.03%	0.05%	0.03%
	LANC	D	0.01%	0.02%	0.01%
	LECO	C	0.06%	0.06%	0.06%
	LFUS	D	0.02%	0.03%	0.02%
	LHX	B	0.03%	0.25%	0.03%
	LII	A	0.09%	0.1%	0.09%
	LIN	D	0.21%	1.18%	0.21%
	LMT	D	0.23%	0.64%	0.23%
	LNT	A	0.04%	0.08%	0.04%
	LOW	C	0.12%	0.81%	0.12%
	MA	B	0.66%	2.23%	0.66%
	MAS	D	0.02%	0.1%	0.02%
	MCD	D	0.16%	1.13%	0.16%
	MCHP	F	0.05%	0.21%	0.05%
	MCK	A	0.07%	0.35%	0.07%
	MCO	D	0.1%	0.38%	0.1%
	MDLZ	F	0.09%	0.5%	0.09%
	MDT	D	0.12%	0.62%	0.12%
	MET	A	0.2%	0.25%	0.2%
	MKC	D	0.01%	0.11%	0.01%
	MKTX	D	0.05%	0.06%	0.05%
	MMC	D	0.09%	0.58%	0.09%
	MORN	B	0.01%	0.05%	0.01%
	MRK	F	0.32%	1.39%	0.32%
	MSA	D	0.02%	0.04%	0.02%
	MSFT	D	4.39%	3.62%	3.62%
	MSI	B	0.23%	0.4%	0.23%
	NDAQ	A	0.02%	0.16%	0.02%
	NDSN	D	0.01%	0.07%	0.01%
	NEE	C	0.07%	0.88%	0.07%
	NFG	A	0.01%	0.03%	0.01%
	NKE	F	0.17%	0.5%	0.17%
	NOC	D	0.05%	0.38%	0.05%
	NUE	D	0.16%	0.18%	0.16%
	ORCL	A	0.42%	1.44%	0.42%
	ORI	A	0.05%	0.04%	0.04%
	OSK	C	0.02%	0.04%	0.02%
	OZK	B	0.02%	0.02%	0.02%
	PAYX	B	0.17%	0.24%	0.17%
	PB	A	0.02%	0.04%	0.02%
	PEP	F	0.27%	1.23%	0.27%
	PFG	C	0.09%	0.09%	0.09%
	PG	C	0.39%	2.1%	0.39%
	PKG	B	0.12%	0.11%	0.11%
	PNC	B	0.22%	0.4%	0.22%
	PNR	B	0.02%	0.09%	0.02%
	POOL	D	0.07%	0.07%	0.07%
	PPG	F	0.05%	0.16%	0.05%
	PRI	A	0.07%	0.05%	0.05%
	PSX	C	0.19%	0.28%	0.19%
	QCOM	F	0.48%	0.97%	0.48%
	R	B	0.05%	0.03%	0.03%
	RGA	B	0.08%	0.07%	0.07%
	RGLD	C	0.03%	0.05%	0.03%
	RHI	C	0.05%	0.04%	0.04%
	RJF	A	0.11%	0.15%	0.11%
	RLI	A	0.03%	0.04%	0.03%
	RMD	C	0.07%	0.19%	0.07%
	RNR	C	0.07%	0.07%	0.07%
	ROK	B	0.04%	0.16%	0.04%
	ROP	C	0.09%	0.31%	0.09%
	RPM	B	0.1%	0.09%	0.09%
	RRX	B	0.01%	0.06%	0.01%
	RS	B	0.07%	0.08%	0.07%
	RSG	A	0.04%	0.22%	0.04%
	SBUX	A	0.09%	0.6%	0.09%
	SCI	A	0.03%	0.06%	0.03%
	SEIC	B	0.03%	0.04%	0.03%
	SHW	C	0.14%	0.45%	0.14%
	SIGI	B	0.02%	0.03%	0.02%
	SJM	D	0.01%	0.06%	0.01%
	SLGN	A	0.0%	0.02%	0.0%
	SNA	B	0.08%	0.09%	0.08%
	SON	F	0.02%	0.03%	0.02%
	SPGI	D	0.09%	0.83%	0.09%
	SRE	A	0.07%	0.28%	0.07%
	SSB	B	0.03%	0.04%	0.03%
	SSD	D	0.04%	0.04%	0.04%
	STE	D	0.04%	0.12%	0.04%
	STLD	B	0.12%	0.1%	0.1%
	STT	B	0.1%	0.15%	0.1%
	SWK	F	0.02%	0.08%	0.02%
	SYK	A	0.12%	0.66%	0.12%
	SYY	D	0.07%	0.2%	0.07%
	TGT	B	0.29%	0.37%	0.29%
	THO	C	0.01%	0.03%	0.01%
	TKR	F	0.03%	0.03%	0.03%
	TPL	A	0.13%	0.12%	0.12%
	TRV	A	0.26%	0.3%	0.26%
	TSCO	D	0.17%	0.15%	0.15%
	TSN	B	0.05%	0.09%	0.05%
	TTC	F	0.03%	0.04%	0.03%
	TXN	C	0.26%	1.0%	0.26%
	UFPI	C	0.05%	0.04%	0.04%
	UNH	C	0.36%	2.8%	0.36%
	UNM	A	0.06%	0.06%	0.06%
	UNP	D	0.47%	0.76%	0.47%
	V	A	0.59%	2.5%	0.59%
	VLTO	C	0.06%	0.14%	0.06%
	VMC	B	0.05%	0.19%	0.05%
	WLK	F	0.02%	0.02%	0.02%
	WM	B	0.13%	0.42%	0.13%
	WMT	A	0.64%	1.91%	0.64%
	WRB	B	0.07%	0.09%	0.07%
	WSM	D	0.11%	0.09%	0.09%
	WSO	A	0.05%	0.1%	0.05%
	WST	D	0.05%	0.12%	0.05%
	WTFC	B	0.05%	0.04%	0.04%
	WTRG	B	0.01%	0.05%	0.01%
	WTS	B	0.01%	0.03%	0.01%
	XEL	A	0.11%	0.2%	0.11%
	XOM	B	1.04%	2.82%	1.04%
	XYL	D	0.04%	0.16%	0.04%
	ZION	B	0.05%	0.04%	0.04%
	ZTS	D	0.2%	0.44%	0.2%

AVLC Overweight 728 Positions Relative to VIG

	Symbol	Grade	Weight
	NVDA	A	4.82%
	AMZN	B	3.03%
	META	C	2.26%
	GOOGL	B	1.57%
	GOOG	B	1.3%
	LLY	F	0.79%
	TSLA	A	0.78%
	BRK.A	B	0.67%
	CVX	A	0.64%
	WFC	A	0.55%
	NFLX	A	0.48%
	PGR	B	0.46%
	VZ	C	0.45%
	CRM	B	0.44%
	TJX	A	0.44%
	T	A	0.42%
	AXP	B	0.4%
	MELI	D	0.39%
	COP	B	0.38%
	AMAT	F	0.36%
	MS	A	0.35%
	GILD	C	0.35%
	LRCX	F	0.34%
	ADBE	D	0.33%
	PYPL	B	0.32%
	GM	B	0.31%
	TMUS	B	0.31%
	AMD	F	0.31%
	NOW	B	0.3%
	EOG	A	0.3%
	DE	C	0.3%
	WMB	A	0.29%
	RCL	A	0.28%
	TRGP	A	0.27%
	FDX	B	0.26%
	PCAR	C	0.25%
	VRTX	D	0.25%
	C	B	0.23%
	COF	B	0.23%
	FTNT	B	0.23%
	USB	B	0.23%
	LNG	A	0.23%
	DAL	A	0.23%
	CMG	C	0.23%
	NSC	B	0.22%
	MPC	D	0.22%
	SCHW	A	0.21%
	ROST	D	0.21%
	GE	D	0.2%
	F	C	0.2%
	URI	B	0.2%
	OKE	A	0.2%
	AIG	C	0.2%
	MMM	D	0.19%
	PANW	B	0.19%
	TFC	A	0.19%
	UPS	C	0.19%
	HES	B	0.19%
	UAL	A	0.19%
	PLTR	A	0.18%
	ISRG	A	0.18%
	PM	A	0.18%
	DIS	B	0.18%
	PRU	B	0.18%
	BMY	A	0.18%
	FCX	F	0.18%
	BKR	B	0.18%
	VLO	C	0.17%
	LEN	D	0.17%
	MU	D	0.17%
	FANG	D	0.17%
	DUK	C	0.16%
	INTC	C	0.16%
	DECK	A	0.16%
	APP	A	0.16%
	RTX	D	0.16%
	APO	A	0.16%
	ACGL	D	0.15%
	OXY	F	0.15%
	TMO	F	0.15%
	PFE	F	0.15%
	SYF	B	0.15%
	KKR	A	0.15%
	LULU	C	0.15%
	ANET	C	0.15%
	REGN	F	0.14%
	DOW	F	0.14%
	AEP	C	0.14%
	DVN	F	0.14%
	TT	A	0.14%
	MLM	B	0.14%
	KMB	C	0.14%
	EBAY	D	0.14%
	EME	A	0.14%
	ODFL	B	0.14%
	CTSH	C	0.13%
	SO	C	0.13%
	IP	A	0.13%
	VRT	A	0.13%
	CCL	A	0.13%
	HAL	C	0.13%
	BKNG	A	0.13%
	VST	A	0.13%
	PCG	A	0.13%
	GEV	A	0.13%
	SNPS	C	0.12%
	BBY	D	0.12%
	MTB	A	0.12%
	CDNS	B	0.12%
	ETR	A	0.12%
	SFM	A	0.12%
	FCNCA	A	0.12%
	PHM	D	0.12%
	MKL	A	0.12%
	CPNG	D	0.12%
	BSX	A	0.12%
	ON	F	0.12%
	VRSK	B	0.12%
	HBAN	B	0.11%
	ULTA	F	0.11%
	BX	A	0.11%
	NTRS	A	0.11%
	MRVL	B	0.11%
	OC	A	0.11%
	MRO	A	0.11%
	IDXX	F	0.11%
	CRWD	B	0.11%
	LYB	F	0.11%
	EQT	A	0.11%
	BURL	A	0.11%
	CEG	C	0.11%
	GRMN	B	0.1%
	DRI	C	0.1%
	CPRT	B	0.1%
	TROW	B	0.1%
	PEG	C	0.1%
	FLEX	B	0.1%
	SW	A	0.1%
	LPLA	A	0.1%
	CTRA	B	0.1%
	UTHR	C	0.1%
	JBL	C	0.1%
	NVR	D	0.1%
	KMI	A	0.1%
	EXC	C	0.1%
	FSLR	F	0.1%
	MSTR	A	0.09%
	MO	A	0.09%
	VTRS	A	0.09%
	LVS	B	0.09%
	CVNA	A	0.09%
	EQH	B	0.09%
	SLB	C	0.09%
	IT	C	0.09%
	PH	B	0.09%
	EIX	C	0.09%
	PWR	A	0.09%
	UBER	F	0.09%
	ADSK	B	0.09%
	TXRH	B	0.09%
	CF	A	0.09%
	CNC	F	0.08%
	OVV	C	0.08%
	EG	D	0.08%
	EW	C	0.08%
	NXPI	F	0.08%
	BG	D	0.08%
	GDDY	A	0.08%
	LUV	B	0.08%
	BJ	B	0.08%
	FICO	B	0.08%
	DKS	D	0.08%
	RF	A	0.08%
	AEE	A	0.08%
	CTVA	C	0.08%
	WDAY	C	0.08%
	TPR	B	0.08%
	COIN	A	0.08%
	JEF	A	0.08%
	HPE	B	0.08%
	FTI	A	0.08%
	ED	C	0.08%
	NCLH	B	0.08%
	CFG	B	0.08%
	EWBC	A	0.08%
	SQ	A	0.07%
	L	A	0.07%
	SWKS	F	0.07%
	WCC	B	0.07%
	MOH	F	0.07%
	PAYC	B	0.07%
	ORLY	B	0.07%
	SAIA	C	0.07%
	JXN	C	0.07%
	DLTR	F	0.07%
	ABNB	D	0.07%
	MLI	B	0.07%
	SPOT	B	0.07%
	TOL	B	0.07%
	CI	D	0.07%
	PPL	A	0.07%
	MUSA	B	0.07%
	FI	A	0.07%
	BLDR	D	0.07%
	TDG	D	0.07%
	EXP	B	0.07%
	ALLY	C	0.06%
	PR	B	0.06%
	COKE	C	0.06%
	KVUE	A	0.06%
	WAL	B	0.06%
	UHS	D	0.06%
	CMA	B	0.06%
	IFF	D	0.06%
	ATI	C	0.06%
	BA	D	0.06%
	WMS	F	0.06%
	CARR	D	0.06%
	MANH	D	0.06%
	GNRC	B	0.06%
	GPK	D	0.06%
	A	F	0.06%
	BWXT	A	0.06%
	FIS	C	0.06%
	PFGC	B	0.06%
	EA	A	0.06%
	DG	F	0.06%
	ANF	C	0.06%
	DASH	A	0.06%
	KEYS	C	0.06%
	DD	D	0.06%
	LPX	B	0.06%
	NTAP	C	0.06%
	CBRE	B	0.06%
	BALL	D	0.06%
	VMI	B	0.05%
	AZO	C	0.05%
	CROX	F	0.05%
	MSCI	B	0.05%
	ZM	B	0.05%
	CVS	F	0.05%
	TAP	B	0.05%
	WFRD	F	0.05%
	MOS	D	0.05%
	FOXA	B	0.05%
	KDP	D	0.05%
	SKX	F	0.05%
	JLL	D	0.05%
	DXCM	C	0.05%
	KHC	F	0.05%
	PNW	B	0.05%
	WBS	A	0.05%
	ZBH	C	0.05%
	ARW	F	0.05%
	MTDR	C	0.05%
	AAON	B	0.05%
	D	C	0.05%
	TER	F	0.05%
	SNOW	C	0.05%
	KMX	C	0.05%
	BWA	D	0.05%
	ALV	C	0.05%
	AXON	A	0.05%
	HUBS	B	0.05%
	DDOG	A	0.05%
	EVRG	A	0.05%
	TXT	D	0.05%
	CHRD	F	0.05%
	VEEV	C	0.05%
	STZ	D	0.05%
	WAT	C	0.05%
	IR	B	0.05%
	MAR	B	0.05%
	LNTH	F	0.05%
	FYBR	C	0.05%
	HWM	A	0.05%
	AME	A	0.05%
	DOCU	B	0.05%
	FND	F	0.05%
	CRBG	B	0.05%
	TEAM	A	0.05%
	NRG	B	0.05%
	HCA	F	0.05%
	HOOD	A	0.05%
	TTD	B	0.05%
	KNSL	B	0.05%
	DELL	B	0.05%
	HLT	A	0.05%
	CHTR	B	0.05%
	KEY	B	0.05%
	RL	C	0.05%
	ALNY	D	0.04%
	DTM	A	0.04%
	AWI	B	0.04%
	TWLO	A	0.04%
	KNX	B	0.04%
	FMC	D	0.04%
	SNX	D	0.04%
	KEX	B	0.04%
	NBIX	C	0.04%
	ILMN	C	0.04%
	NSIT	F	0.04%
	PSTG	F	0.04%
	JCI	B	0.04%
	XPO	B	0.04%
	YUM	D	0.04%
	IQV	F	0.04%
	DINO	D	0.04%
	FN	B	0.04%
	LH	B	0.04%
	CMC	B	0.04%
	CPAY	A	0.04%
	NET	B	0.04%
	CRUS	F	0.04%
	ALGN	D	0.04%
	APTV	F	0.04%
	TYL	B	0.04%
	MTG	D	0.04%
	OGE	A	0.04%
	WCN	A	0.04%
	OTIS	C	0.04%
	TREX	D	0.04%
	KBH	D	0.04%
	KD	A	0.04%
	CSGP	F	0.04%
	WEC	A	0.04%
	AXTA	B	0.04%
	SOFI	A	0.04%
	RRC	B	0.04%
	CLH	C	0.04%
	JAZZ	C	0.04%
	CRS	A	0.04%
	FHN	A	0.04%
	WAB	B	0.04%
	ANSS	B	0.04%
	GAP	D	0.04%
	LSTR	D	0.04%
	EPAM	C	0.04%
	SF	B	0.04%
	AYI	B	0.04%
	CHX	C	0.04%
	OMF	A	0.04%
	EXPE	B	0.04%
	MPWR	F	0.04%
	MHK	D	0.04%
	MEDP	D	0.03%
	LDOS	C	0.03%
	GWRE	A	0.03%
	IBKR	A	0.03%
	COHR	B	0.03%
	MOD	A	0.03%
	IBP	F	0.03%
	BCC	C	0.03%
	BLD	F	0.03%
	G	B	0.03%
	MRNA	F	0.03%
	GMED	A	0.03%
	DY	C	0.03%
	ENLC	A	0.03%
	UHAL	D	0.03%
	GME	C	0.03%
	NWSA	B	0.03%
	FFIV	B	0.03%
	X	C	0.03%
	ROL	B	0.03%
	AFRM	A	0.03%
	HALO	F	0.03%
	BIIB	F	0.03%
	OLN	F	0.03%
	PEGA	B	0.03%
	NYT	D	0.03%
	ZS	B	0.03%
	CTLT	D	0.03%
	ZBRA	B	0.03%
	MTZ	A	0.03%
	MDB	C	0.03%
	PODD	B	0.03%
	HLNE	A	0.03%
	WWD	B	0.03%
	NU	C	0.03%
	VOYA	B	0.03%
	BMRN	F	0.03%
	STX	D	0.03%
	MTD	F	0.03%
	WDC	F	0.03%
	MUR	F	0.03%
	AM	A	0.03%
	PVH	C	0.03%
	AKAM	F	0.03%
	HOLX	D	0.03%
	GNTX	F	0.03%
	EHC	B	0.03%
	EXEL	B	0.03%
	TTWO	A	0.03%
	RIVN	F	0.03%
	GEHC	D	0.03%
	INCY	C	0.03%
	ESNT	D	0.03%
	MAT	D	0.03%
	AA	A	0.03%
	GIS	F	0.03%
	PTC	B	0.03%
	K	B	0.03%
	ALK	A	0.03%
	CW	B	0.03%
	BPOP	C	0.03%
	VFC	C	0.03%
	TDY	B	0.03%
	CIEN	B	0.03%
	WBD	B	0.03%
	CIVI	D	0.03%
	APA	F	0.03%
	AR	B	0.03%
	MNST	C	0.03%
	PNFP	B	0.03%
	LEA	F	0.03%
	CLF	F	0.03%
	CVLT	B	0.03%
	HRB	D	0.03%
	SNV	B	0.03%
	ONB	B	0.03%
	PCTY	B	0.02%
	EXLS	B	0.02%
	LNW	F	0.02%
	ROIV	D	0.02%
	INSM	C	0.02%
	FRPT	A	0.02%
	RBC	A	0.02%
	TRU	D	0.02%
	PPC	B	0.02%
	OMC	C	0.02%
	CHH	A	0.02%
	QRVO	F	0.02%
	OKTA	D	0.02%
	ARMK	C	0.02%
	FCN	F	0.02%
	AZN	F	0.02%
	BAX	F	0.02%
	MDU	D	0.02%
	NVT	C	0.02%
	ALSN	B	0.02%
	WTW	B	0.02%
	FSS	B	0.02%
	ROKU	D	0.02%
	OLED	F	0.02%
	ONTO	F	0.02%
	CNM	C	0.02%
	NOV	D	0.02%
	HAS	D	0.02%
	DAR	B	0.02%
	BRKR	F	0.02%
	HLI	B	0.02%
	ARES	A	0.02%
	FLR	B	0.02%
	GLOB	C	0.02%
	JHG	B	0.02%
	FE	C	0.02%
	OLLI	D	0.02%
	Z	A	0.02%
	LYV	A	0.02%
	MMSI	A	0.02%
	AMCR	D	0.02%
	MOG.A	B	0.02%
	FLS	A	0.02%
	DOCS	C	0.02%
	TOST	A	0.02%
	TECH	F	0.02%
	SWX	A	0.02%
	ES	C	0.02%
	CCK	D	0.02%
	FBIN	F	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	A	0.02%
	COOP	B	0.02%
	CG	B	0.02%
	NEM	D	0.02%
	ENTG	F	0.02%
	CSWI	A	0.02%
	PINS	F	0.02%
	FOX	A	0.02%
	M	D	0.02%
	HESM	A	0.02%
	MGY	A	0.02%
	PCVX	D	0.02%
	NTRA	A	0.02%
	JNPR	D	0.02%
	QLYS	C	0.02%
	TW	A	0.02%
	IVZ	C	0.02%
	RVTY	D	0.02%
	THC	C	0.02%
	TMHC	B	0.02%
	AMKR	F	0.02%
	RVMD	B	0.02%
	MASI	B	0.02%
	LBRDK	C	0.02%
	TRMB	B	0.02%
	TPX	B	0.02%
	ACM	B	0.02%
	RPRX	F	0.02%
	TFX	F	0.02%
	NTNX	B	0.02%
	NI	A	0.02%
	SATS	C	0.02%
	GFS	C	0.01%
	SNAP	D	0.01%
	LYFT	C	0.01%
	SEE	D	0.01%
	RMBS	C	0.01%
	ELF	C	0.01%
	FLUT	A	0.01%
	H	B	0.01%
	PAG	B	0.01%
	NEU	D	0.01%
	SMMT	D	0.01%
	IONS	F	0.01%
	ADTN	A	0.01%
	PI	D	0.01%
	ZG	A	0.01%
	BBWI	C	0.01%
	CFLT	B	0.01%
	TNET	F	0.01%
	CYTK	D	0.01%
	CHWY	B	0.01%
	LCID	F	0.01%
	AAL	B	0.01%
	GTLS	A	0.01%
	U	F	0.01%
	CWEN	C	0.01%
	TDW	F	0.01%
	EXAS	D	0.01%
	RGEN	F	0.01%
	LEN	D	0.01%
	VAL	F	0.01%
	NOVT	D	0.01%
	VERX	A	0.01%
	SUM	B	0.01%
	ALTR	B	0.01%
	WYNN	D	0.01%
	CACC	F	0.01%
	PEN	B	0.01%
	CAG	F	0.01%
	CPB	D	0.01%
	DKNG	B	0.01%
	GXO	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%
	BRBR	A	0.01%
	PCOR	C	0.01%
	NPAB	F	0.01%
	ACHC	F	0.01%
	PSN	C	0.01%
	IPG	F	0.01%
	DLB	F	0.01%
	FOUR	A	0.01%
	GTLB	B	0.01%
	HSIC	C	0.01%
	BROS	A	0.01%
	MTN	C	0.01%
	SOLV	F	0.01%
	MKSI	C	0.01%
	KRYS	C	0.01%
	AGR	A	0.01%
	BILL	B	0.01%
	CWAN	B	0.01%
	RRR	F	0.01%
	LSCC	D	0.01%
	ESTC	C	0.01%
	UI	A	0.01%
	CWST	A	0.01%
	SSNC	C	0.01%
	DBX	C	0.01%
	VRNS	D	0.01%
	LKQ	F	0.01%
	DUOL	A	0.01%
	MTCH	F	0.01%
	ATKR	D	0.01%
	BSY	D	0.01%
	BECN	B	0.01%
	VNT	C	0.01%
	CACI	C	0.01%
	USFD	A	0.01%
	APPF	C	0.01%
	AVTR	F	0.01%
	PARA	D	0.01%
	MARA	C	0.01%
	OGN	F	0.01%
	GPN	C	0.01%
	J	D	0.01%
	RYAN	B	0.01%
	SRPT	F	0.01%
	RBLX	B	0.01%
	BERY	D	0.01%
	MTSI	B	0.01%
	KBR	F	0.01%
	XP	F	0.01%
	LEVI	F	0.01%
	WEX	F	0.01%
	CRL	D	0.01%
	MGM	D	0.01%
	BEN	C	0.01%
	AZEK	B	0.01%
	MIDD	D	0.01%
	ENPH	F	0.01%
	LUMN	C	0.01%
	AN	D	0.01%
	BYD	B	0.01%
	VVV	D	0.01%
	SPSC	F	0.01%
	BIO	C	0.01%
	SMAR	A	0.01%
	TTEK	F	0.01%
	PLNT	A	0.01%
	ZWS	B	0.01%
	LNC	B	0.01%
	MDGL	C	0.01%
	WSC	F	0.01%
	GKOS	A	0.01%
	PFSI	C	0.01%
	SITE	D	0.01%
	WING	D	0.01%
	DVA	C	0.01%
	IOT	A	0.01%
	VKTX	F	0.01%
	PBF	D	0.01%
	FTV	D	0.01%
	ELAN	D	0.01%
	FIVE	F	0.01%
	SM	C	0.01%
	SMCI	F	0.01%
	CR	A	0.01%
	WH	B	0.01%
	ITCI	B	0.01%
	AUR	C	0.01%
	CELH	F	0.01%
	S	B	0.01%
	CGNX	D	0.01%
	NVST	C	0.0%
	TPG	A	0.0%
	CRSP	D	0.0%
	WOLF	F	0.0%
	WHR	B	0.0%
	RARE	F	0.0%
	AGL	F	0.0%
	KLG	D	0.0%
	HIMS	C	0.0%
	SEDG	F	0.0%
	COTY	F	0.0%
	FG	B	0.0%
	CNXC	F	0.0%
	IMVT	F	0.0%
	DXC	D	0.0%
	RNA	C	0.0%
	SPB	C	0.0%
	TXG	F	0.0%
	SIRI	D	0.0%
	WBA	F	0.0%
	SAM	C	0.0%
	UGI	C	0.0%
	BRZE	C	0.0%
	CRVL	A	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	B	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	C	0.0%
	HRI	C	0.0%
	SNDR	B	0.0%
	WK	C	0.0%
	TENB	D	0.0%
	ALIT	C	0.0%
	FRHC	A	0.0%
	ST	F	0.0%
	LBRDA	C	0.0%
	OPCH	F	0.0%
	W	D	0.0%
	NFE	F	0.0%
	BIRK	D	0.0%
	OWL	A	0.0%
	INSP	F	0.0%
	ESI	B	0.0%
	CRDO	B	0.0%
	CZR	F	0.0%
	MMS	D	0.0%
	AMG	C	0.0%
	COLB	B	0.0%
	POST	C	0.0%
	ACT	D	0.0%
	ETSY	D	0.0%
	BFAM	F	0.0%
	XRAY	D	0.0%
	REYN	D	0.0%
	CNA	C	0.0%
	NUVL	D	0.0%
	DAY	B	0.0%
	RDDT	A	0.0%
	TMDX	F	0.0%
	SAIC	F	0.0%
	ALGM	F	0.0%
	ZETA	D	0.0%
	RBRK	A	0.0%
	RH	D	0.0%
	TKO	A	0.0%
	APG	C	0.0%
	BPMC	C	0.0%

AVLC Underweight 88 Positions Relative to VIG

	Symbol	Grade	Weight
	RBA	A	-0.08%
	AVT	C	-0.03%
	UMBF	B	-0.03%
	GATX	B	-0.03%
	MATX	B	-0.03%
	THG	A	-0.03%
	NSP	F	-0.02%
	MGRC	B	-0.02%
	WSFS	B	-0.02%
	GHC	B	-0.02%
	MAN	F	-0.02%
	CWT	C	-0.02%
	AWR	A	-0.02%
	CBU	B	-0.02%
	BRC	C	-0.02%
	MGEE	A	-0.02%
	OTTR	C	-0.02%
	IBOC	B	-0.02%
	AUB	B	-0.02%
	POWI	D	-0.02%
	ABM	B	-0.02%
	PRGO	C	-0.02%
	WDFC	B	-0.02%
	CNO	B	-0.02%
	PII	F	-0.02%
	FELE	B	-0.02%
	KAI	B	-0.02%
	FUL	F	-0.02%
	ASH	F	-0.02%
	AVNT	B	-0.02%
	NJR	A	-0.02%
	SRCE	B	-0.01%
	AMSF	B	-0.01%
	MSEX	B	-0.01%
	WOR	F	-0.01%
	GABC	B	-0.01%
	LNN	B	-0.01%
	WS	B	-0.01%
	CSGS	B	-0.01%
	WABC	B	-0.01%
	NHC	B	-0.01%
	TCBK	B	-0.01%
	ANDE	F	-0.01%
	SCL	D	-0.01%
	HMN	B	-0.01%
	CABO	C	-0.01%
	SJW	F	-0.01%
	APOG	B	-0.01%
	LKFN	B	-0.01%
	TNC	F	-0.01%
	AGM	B	-0.01%
	CHCO	B	-0.01%
	SYBT	B	-0.01%
	LMAT	A	-0.01%
	HI	C	-0.01%
	HWKN	B	-0.01%
	WLY	B	-0.01%
	KWR	D	-0.01%
	NBTB	B	-0.01%
	BANF	B	-0.01%
	MTRN	C	-0.01%
	SXI	B	-0.01%
	FRME	B	-0.01%
	TOWN	B	-0.01%
	HNI	B	-0.01%
	JJSF	C	-0.01%
	CPK	A	-0.01%
	CNS	B	-0.01%
	IOSP	C	-0.01%
	INDB	B	-0.01%
	GFF	B	-0.01%
	JOUT	F	-0.0%
	HVT	D	-0.0%
	ARTNA	F	-0.0%
	HIFS	B	-0.0%
	TR	B	-0.0%
	GSBC	B	-0.0%
	YORW	D	-0.0%
	CASS	B	-0.0%
	SMBC	B	-0.0%
	SCVL	F	-0.0%
	FMBH	B	-0.0%
	FCBC	B	-0.0%
	HY	D	-0.0%
	SPTN	F	-0.0%
	MATW	C	-0.0%
	GRC	B	-0.0%
	MNRO	C	-0.0%

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

VIG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Specialty Chemicals Business Services Insurance - Property & Casualty Utilities - Regulated Water Capital Markets Insurance - Life Packaged Foods Asset Management Semiconductors Tools & Accessories Utilities - Regulated Electric Aerospace & Defense Insurance Brokers Medical Instruments & Supplies Steel Building Materials Chemicals Credit Services

Keywords: S&P 500 Bank Insurance Banking Chemical Nasdaq 100 Electronics Mining Insurance Products Dow Jones Component Natural Gas Plastic Aerospace Beverage Commercial Banking Disability Deposit Products Oil And Gas Adhesives Electricity