AVSU vs. FNCL ETF Comparison

Comparison of Avantis Responsible U.S. Equity ETF (AVSU) to Fidelity MSCI Financials Index ETF (FNCL)

AVSU

Avantis Responsible U.S. Equity ETF

AVSU Description

Avantis Responsible U.S. Equity ETF is an exchange traded fund launched and managed by American Century Investment Management Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of small-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to benchmark the performance of its portfolio against the Russell 3000 Index. The fund employs proprietary research to create its portfolio. Avantis Responsible U.S. Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$68.22

Average Daily Volume

8,758

Number of Holdings ^*

1243

* may have additional holdings in another (foreign) market

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$69.98

Average Daily Volume

99,910

Number of Holdings ^*

379

* may have additional holdings in another (foreign) market

Performance

Period	AVSU	FNCL
30 Days	4.98%	8.62%
60 Days	11.21%	12.25%
90 Days	12.57%	16.86%
12 Months	37.26%	49.81%

262 Overlapping Holdings

Symbol	Grade	Weight in AVSU	Weight in FNCL	Overlap
ACGL	D	0.24%	0.53%	0.24%
ACT	D	0.01%	0.02%	0.01%
AFG	C	0.08%	0.13%	0.08%
AFL	D	0.31%	0.81%	0.31%
AGM	B	0.02%	0.02%	0.02%
AGO	B	0.04%	0.06%	0.04%
AIG	B	0.24%	0.69%	0.24%
AIZ	B	0.06%	0.14%	0.06%
AJG	C	0.08%	0.82%	0.08%
ALL	C	0.2%	0.67%	0.2%
ALLY	C	0.11%	0.13%	0.11%
AMAL	B	0.0%	0.01%	0.0%
AMG	C	0.01%	0.08%	0.01%
AMP	B	0.43%	0.67%	0.43%
AMSF	B	0.01%	0.01%	0.01%
AMTB	B	0.01%	0.01%	0.01%
AON	B	0.11%	0.91%	0.11%
APAM	B	0.03%	0.04%	0.03%
APO	B	0.2%	0.75%	0.2%
ARES	B	0.05%	0.41%	0.05%
ASB	B	0.03%	0.05%	0.03%
AUB	B	0.02%	0.04%	0.02%
AXP	B	0.26%	2.13%	0.26%
AXS	B	0.08%	0.09%	0.08%
BAC	B	0.51%	3.88%	0.51%
BANC	B	0.01%	0.03%	0.01%
BANF	B	0.02%	0.03%	0.02%
BANR	B	0.02%	0.03%	0.02%
BEN	C	0.03%	0.08%	0.03%
BFC	B	0.0%	0.01%	0.0%
BFH	B	0.03%	0.01%	0.01%
BFST	B	0.0%	0.01%	0.0%
BHB	B	0.01%	0.01%	0.01%
BHF	B	0.04%	0.04%	0.04%
BHLB	B	0.01%	0.02%	0.01%
BK	B	0.21%	0.74%	0.21%
BKU	B	0.03%	0.04%	0.03%
BOH	B	0.03%	0.03%	0.03%
BOKF	B	0.03%	0.04%	0.03%
BPOP	D	0.08%	0.1%	0.08%
BRO	B	0.02%	0.34%	0.02%
BUSE	C	0.01%	0.02%	0.01%
BX	A	0.21%	1.57%	0.21%
BY	B	0.01%	0.01%	0.01%
C	B	0.41%	1.58%	0.41%
CAC	B	0.01%	0.01%	0.01%
CACC	D	0.02%	0.04%	0.02%
CASH	B	0.01%	0.02%	0.01%
CASS	B	0.01%	0.01%	0.01%
CB	D	0.3%	1.51%	0.3%
CBOE	C	0.04%	0.28%	0.04%
CBSH	B	0.05%	0.1%	0.05%
CBU	B	0.02%	0.04%	0.02%
CFB	C	0.01%	0.01%	0.01%
CFG	B	0.12%	0.25%	0.12%
CFR	B	0.04%	0.1%	0.04%
CG	B	0.11%	0.16%	0.11%
CHCO	B	0.01%	0.02%	0.01%
CINF	B	0.1%	0.29%	0.1%
CLBK	B	0.0%	0.01%	0.0%
CMA	B	0.07%	0.11%	0.07%
CME	C	0.16%	1.06%	0.16%
CNNE	B	0.01%	0.01%	0.01%
CNO	B	0.03%	0.06%	0.03%
CNS	B	0.03%	0.04%	0.03%
COF	B	0.34%	0.79%	0.34%
COIN	B	0.1%	0.5%	0.1%
COLB	B	0.05%	0.08%	0.05%
CPAY	B	0.06%	0.3%	0.06%
CPF	B	0.01%	0.01%	0.01%
CVBF	B	0.02%	0.03%	0.02%
DCOM	B	0.01%	0.01%	0.01%
DFIN	F	0.01%	0.03%	0.01%
DFS	B	0.31%	0.49%	0.31%
DHIL	C	0.01%	0.0%	0.0%
ECPG	B	0.02%	0.01%	0.01%
EEFT	C	0.01%	0.06%	0.01%
EFSC	B	0.02%	0.03%	0.02%
EG	F	0.1%	0.22%	0.1%
EGBN	B	0.01%	0.01%	0.01%
ENVA	B	0.02%	0.03%	0.02%
EQH	B	0.2%	0.19%	0.19%
ERIE	D	0.06%	0.16%	0.06%
ESNT	F	0.06%	0.09%	0.06%
EVR	B	0.09%	0.13%	0.09%
EVTC	D	0.01%	0.03%	0.01%
EWBC	B	0.11%	0.17%	0.11%
FAF	D	0.06%	0.09%	0.06%
FBK	B	0.01%	0.02%	0.01%
FBMS	B	0.0%	0.01%	0.0%
FBNC	B	0.01%	0.02%	0.01%
FBP	C	0.04%	0.05%	0.04%
FCF	B	0.01%	0.02%	0.01%
FCNCA	B	0.08%	0.27%	0.08%
FDS	B	0.06%	0.23%	0.06%
FFBC	B	0.02%	0.03%	0.02%
FFIN	B	0.02%	0.06%	0.02%
FHB	B	0.02%	0.04%	0.02%
FHI	B	0.02%	0.04%	0.02%
FHN	B	0.08%	0.12%	0.08%
FI	B	0.07%	1.49%	0.07%
FIBK	B	0.01%	0.04%	0.01%
FIS	C	0.03%	0.65%	0.03%
FITB	B	0.17%	0.41%	0.17%
FMBH	B	0.01%	0.01%	0.01%
FMNB	C	0.0%	0.01%	0.0%
FNB	B	0.04%	0.07%	0.04%
FNF	D	0.07%	0.21%	0.07%
FOUR	B	0.01%	0.07%	0.01%
FRME	B	0.01%	0.03%	0.01%
GABC	B	0.01%	0.02%	0.01%
GBCI	B	0.03%	0.07%	0.03%
GDOT	B	0.0%	0.01%	0.0%
GL	C	0.08%	0.13%	0.08%
GNW	C	0.03%	0.04%	0.03%
GPN	C	0.02%	0.34%	0.02%
GS	B	0.57%	2.22%	0.57%
HBAN	A	0.09%	0.29%	0.09%
HBNC	B	0.0%	0.01%	0.0%
HFWA	B	0.0%	0.01%	0.0%
HIG	D	0.27%	0.48%	0.27%
HLI	B	0.09%	0.12%	0.09%
HMN	B	0.01%	0.02%	0.01%
HOMB	B	0.03%	0.07%	0.03%
HONE	C	0.0%	0.01%	0.0%
HOPE	B	0.01%	0.02%	0.01%
HTH	C	0.01%	0.02%	0.01%
HTLF	B	0.02%	0.03%	0.02%
IBCP	B	0.01%	0.01%	0.01%
IBTX	B	0.01%	0.03%	0.01%
ICE	D	0.06%	1.22%	0.06%
INDB	B	0.02%	0.03%	0.02%
IVZ	B	0.04%	0.08%	0.04%
JEF	B	0.11%	0.15%	0.11%
JHG	B	0.04%	0.07%	0.04%
JKHY	C	0.08%	0.18%	0.08%
JPM	B	1.29%	8.34%	1.29%
KEY	B	0.12%	0.21%	0.12%
KKR	B	0.26%	1.11%	0.26%
KMPR	B	0.01%	0.05%	0.01%
KNSL	D	0.06%	0.14%	0.06%
LC	B	0.02%	0.02%	0.02%
LKFN	B	0.01%	0.02%	0.01%
LNC	B	0.03%	0.07%	0.03%
LPLA	B	0.1%	0.25%	0.1%
LPRO	C	0.0%	0.01%	0.0%
MA	B	0.65%	5.52%	0.65%
MBWM	B	0.01%	0.01%	0.01%
MC	B	0.04%	0.06%	0.04%
MCO	D	0.11%	1.03%	0.11%
MCY	B	0.01%	0.03%	0.01%
MET	B	0.21%	0.68%	0.21%
MKL	B	0.06%	0.27%	0.06%
MKTX	C	0.04%	0.14%	0.04%
MMC	D	0.12%	1.45%	0.12%
MORN	B	0.01%	0.12%	0.01%
MQ	F	0.0%	0.03%	0.0%
MS	B	0.4%	1.89%	0.4%
MSCI	C	0.02%	0.62%	0.02%
MTB	B	0.21%	0.43%	0.21%
MTG	D	0.08%	0.09%	0.08%
NATL	C	0.01%	0.03%	0.01%
NAVI	F	0.02%	0.02%	0.02%
NBHC	B	0.01%	0.02%	0.01%
NBTB	B	0.02%	0.03%	0.02%
NDAQ	B	0.01%	0.41%	0.01%
NFBK	B	0.0%	0.01%	0.0%
NIC	B	0.0%	0.02%	0.0%
NMIH	D	0.04%	0.04%	0.04%
NNI	B	0.01%	0.02%	0.01%
NTRS	B	0.11%	0.26%	0.11%
OBK	B	0.0%	0.01%	0.0%
OMF	B	0.07%	0.08%	0.07%
ONB	B	0.04%	0.08%	0.04%
ORI	B	0.09%	0.13%	0.09%
OSBC	B	0.01%	0.01%	0.01%
OSCR	F	0.01%	0.04%	0.01%
OZK	B	0.05%	0.07%	0.05%
PAYO	A	0.01%	0.03%	0.01%
PB	B	0.04%	0.09%	0.04%
PEBO	B	0.01%	0.02%	0.01%
PFC	B	0.01%	0.01%	0.01%
PFG	C	0.15%	0.27%	0.15%
PFS	B	0.02%	0.03%	0.02%
PFSI	D	0.04%	0.06%	0.04%
PGR	B	0.38%	1.9%	0.38%
PIPR	B	0.07%	0.07%	0.07%
PNC	A	0.22%	0.97%	0.22%
PNFP	B	0.04%	0.11%	0.04%
PPBI	B	0.02%	0.03%	0.02%
PRAA	C	0.0%	0.01%	0.0%
PRG	C	0.02%	0.03%	0.02%
PRI	B	0.12%	0.13%	0.12%
PRK	B	0.02%	0.04%	0.02%
PRU	B	0.17%	0.6%	0.17%
PYPL	B	0.09%	1.03%	0.09%
QCRH	B	0.01%	0.02%	0.01%
RDN	D	0.06%	0.07%	0.06%
RF	B	0.15%	0.29%	0.15%
RGA	C	0.13%	0.19%	0.13%
RJF	B	0.19%	0.35%	0.19%
RKT	D	0.01%	0.03%	0.01%
RLI	B	0.03%	0.09%	0.03%
RNR	C	0.08%	0.19%	0.08%
RNST	B	0.01%	0.03%	0.01%
SASR	B	0.02%	0.02%	0.02%
SBCF	B	0.01%	0.03%	0.01%
SBSI	C	0.01%	0.01%	0.01%
SCHW	B	0.23%	1.41%	0.23%
SEIC	A	0.08%	0.1%	0.08%
SF	B	0.1%	0.14%	0.1%
SFNC	B	0.01%	0.04%	0.01%
SIGI	B	0.04%	0.08%	0.04%
SKWD	B	0.01%	0.02%	0.01%
SLM	B	0.08%	0.06%	0.06%
SMBC	B	0.01%	0.01%	0.01%
SNV	B	0.07%	0.1%	0.07%
SOFI	B	0.03%	0.13%	0.03%
SPGI	D	0.2%	2.15%	0.2%
SPNT	D	0.0%	0.02%	0.0%
STBA	C	0.01%	0.02%	0.01%
STC	D	0.02%	0.03%	0.02%
STT	B	0.13%	0.36%	0.13%
SYBT	B	0.01%	0.02%	0.01%
SYF	B	0.24%	0.29%	0.24%
TBBK	C	0.03%	0.04%	0.03%
TCBK	B	0.0%	0.02%	0.0%
TFC	B	0.17%	0.75%	0.17%
TFSL	B	0.0%	0.01%	0.0%
THFF	B	0.01%	0.01%	0.01%
THG	B	0.04%	0.07%	0.04%
TOWN	C	0.02%	0.03%	0.02%
TRMK	B	0.02%	0.03%	0.02%
TROW	B	0.08%	0.33%	0.08%
TRST	B	0.01%	0.01%	0.01%
TRV	B	0.35%	0.78%	0.35%
TW	B	0.02%	0.2%	0.02%
UCB	B	0.02%	0.04%	0.02%
UFCS	B	0.0%	0.01%	0.0%
UMBF	B	0.03%	0.07%	0.03%
UNM	B	0.1%	0.14%	0.1%
USB	B	0.2%	1.01%	0.2%
V	A	0.83%	5.91%	0.83%
VBTX	B	0.01%	0.02%	0.01%
VCTR	B	0.02%	0.03%	0.02%
VIRT	B	0.04%	0.04%	0.04%
VLY	B	0.03%	0.05%	0.03%
VOYA	B	0.08%	0.11%	0.08%
WABC	B	0.01%	0.02%	0.01%
WAFD	C	0.02%	0.04%	0.02%
WAL	B	0.06%	0.13%	0.06%
WBS	B	0.05%	0.12%	0.05%
WD	B	0.04%	0.05%	0.04%
WEX	F	0.02%	0.12%	0.02%
WRB	B	0.11%	0.24%	0.11%
WRLD	C	0.0%	0.01%	0.0%
WSBC	B	0.01%	0.03%	0.01%
WTFC	B	0.06%	0.1%	0.06%
WTM	A	0.05%	0.06%	0.05%
WTW	A	0.05%	0.39%	0.05%
WU	F	0.02%	0.04%	0.02%
ZION	B	0.07%	0.1%	0.07%

AVSU Overweight 981 Positions Relative to FNCL

Symbol	Grade	Weight
AAPL	B	5.45%
MSFT	C	4.85%
NVDA	A	3.32%
META	B	2.56%
AMZN	A	2.3%
GOOGL	B	1.7%
GOOG	B	1.4%
AVGO	B	0.91%
COST	B	0.85%
WMT	B	0.83%
TSLA	A	0.77%
MRK	F	0.67%
JNJ	D	0.64%
VRTX	B	0.63%
LLY	F	0.63%
ABBV	B	0.6%
AMAT	D	0.59%
TJX	C	0.55%
T	C	0.54%
UNP	D	0.53%
AMD	F	0.5%
MU	C	0.5%
TMUS	B	0.48%
HD	B	0.47%
GILD	A	0.47%
VZ	D	0.47%
TXN	A	0.46%
QCOM	C	0.46%
LRCX	D	0.45%
KLAC	F	0.43%
CMCSA	B	0.43%
DE	B	0.41%
GM	A	0.39%
ADP	A	0.38%
PG	F	0.38%
MELI	D	0.38%
UNH	B	0.38%
TGT	F	0.36%
FDX	B	0.36%
KO	F	0.34%
GWW	A	0.33%
CSX	C	0.33%
PEP	F	0.33%
AMGN	D	0.32%
PANW	A	0.32%
BKNG	B	0.31%
UPS	C	0.31%
NFLX	A	0.31%
ACN	B	0.31%
URI	B	0.3%
CMG	C	0.3%
CMI	B	0.28%
BMY	B	0.28%
NSC	B	0.27%
KR	B	0.27%
PHM	D	0.27%
PCAR	B	0.27%
ROST	F	0.26%
ANET	A	0.25%
CL	F	0.25%
NKE	F	0.25%
ELV	F	0.24%
F	D	0.24%
REGN	F	0.24%
GLW	B	0.24%
TSCO	C	0.23%
FAST	A	0.23%
LEN	D	0.23%
ODFL	B	0.22%
PFE	F	0.22%
DHI	D	0.21%
PKG	B	0.21%
DECK	B	0.21%
ABT	C	0.21%
SFM	A	0.21%
IBM	D	0.2%
VRT	B	0.2%
NVR	D	0.2%
LULU	C	0.19%
ORCL	A	0.19%
CEG	C	0.19%
MCD	D	0.18%
NUE	C	0.18%
JBL	B	0.18%
STLD	B	0.18%
MOH	D	0.18%
NOW	A	0.18%
PAYX	A	0.18%
WSM	F	0.18%
KMB	F	0.18%
ULTA	C	0.17%
CPNG	C	0.17%
BSX	B	0.17%
ZTS	F	0.17%
ITW	B	0.16%
EXPD	F	0.16%
SHW	C	0.16%
ON	C	0.16%
ISRG	A	0.16%
CTAS	A	0.16%
CSCO	A	0.16%
INTC	C	0.16%
ADBE	F	0.16%
CSL	C	0.16%
BURL	C	0.15%
BBY	D	0.15%
FLEX	A	0.15%
FIX	A	0.15%
TOL	B	0.14%
KVUE	B	0.14%
TTWO	A	0.14%
BLDR	D	0.14%
EIX	D	0.14%
CDNS	B	0.14%
CNC	F	0.14%
GRMN	A	0.14%
TXRH	B	0.14%
CPRT	B	0.13%
JBHT	C	0.13%
CBRE	B	0.13%
TER	F	0.13%
NEM	D	0.13%
TMO	F	0.13%
CRM	B	0.13%
TPR	B	0.13%
ADI	B	0.13%
OC	B	0.13%
VTRS	B	0.13%
MDT	C	0.13%
LOW	B	0.13%
VRSK	B	0.13%
MLI	B	0.12%
GDDY	A	0.12%
CTSH	B	0.12%
SAIA	C	0.12%
INTU	A	0.12%
RS	B	0.12%
DIS	C	0.12%
MDLZ	F	0.12%
DHR	F	0.12%
IT	A	0.12%
DRI	B	0.12%
WMS	C	0.12%
COR	B	0.12%
ANF	F	0.11%
IDXX	F	0.11%
ETN	B	0.11%
SNA	A	0.11%
UTHR	A	0.11%
MCK	B	0.1%
LECO	C	0.1%
ADSK	A	0.1%
BG	F	0.1%
FTNT	A	0.1%
LAD	B	0.1%
KMX	C	0.1%
EXC	D	0.1%
LPX	B	0.1%
TMHC	A	0.1%
DKS	F	0.1%
ORLY	B	0.1%
BALL	F	0.1%
SYK	B	0.1%
FYBR	C	0.1%
MOD	C	0.1%
NXPI	D	0.1%
UBER	D	0.1%
FOXA	B	0.09%
CI	F	0.09%
GPC	F	0.09%
BCC	B	0.09%
IR	A	0.09%
DD	C	0.09%
RL	B	0.09%
CARR	D	0.09%
ALV	C	0.09%
KEYS	A	0.09%
TT	B	0.09%
NTAP	C	0.09%
R	B	0.09%
DLTR	F	0.08%
ENSG	C	0.08%
AN	D	0.08%
MTH	D	0.08%
AKAM	C	0.08%
AWI	A	0.08%
MATX	B	0.08%
HUM	F	0.08%
RHI	B	0.08%
SNPS	B	0.08%
HSY	F	0.08%
APH	A	0.08%
GPK	D	0.08%
LH	A	0.08%
EW	F	0.08%
SMCI	F	0.08%
CAH	A	0.08%
SKX	F	0.08%
FICO	A	0.08%
DELL	C	0.08%
BIIB	F	0.08%
JLL	C	0.08%
CLX	C	0.08%
SW	B	0.08%
LII	A	0.08%
FND	F	0.07%
CMC	B	0.07%
WAT	B	0.07%
SBUX	C	0.07%
STZ	F	0.07%
WCC	B	0.07%
HCA	D	0.07%
CHD	C	0.07%
LSTR	C	0.07%
UFPI	C	0.07%
GGG	C	0.07%
SYY	C	0.07%
GAP	C	0.07%
AOS	F	0.07%
HRI	B	0.07%
MRVL	A	0.07%
DCI	A	0.07%
CRWD	C	0.07%
RPM	A	0.07%
EA	A	0.07%
ITT	B	0.06%
ATKR	C	0.06%
KD	B	0.06%
BWA	C	0.06%
SCI	B	0.06%
MHO	C	0.06%
BDX	F	0.06%
KBH	D	0.06%
MRNA	F	0.06%
SSD	C	0.06%
CLH	B	0.06%
WDC	C	0.06%
M	C	0.06%
HUBB	B	0.06%
TAP	C	0.06%
PH	B	0.06%
Z	B	0.06%
WST	C	0.06%
BAH	C	0.06%
OSK	B	0.06%
HPE	B	0.06%
AME	B	0.06%
IDCC	A	0.06%
BC	C	0.06%
SIG	B	0.06%
MSI	B	0.06%
WAB	B	0.06%
CDW	F	0.06%
STRL	A	0.06%
NOC	D	0.05%
YUM	C	0.05%
CVNA	B	0.05%
FN	B	0.05%
IBP	F	0.05%
DXC	B	0.05%
DAR	C	0.05%
TKO	D	0.05%
TTD	A	0.05%
CVS	F	0.05%
FSLR	F	0.05%
XPO	B	0.05%
AGCO	D	0.05%
PLTR	A	0.05%
ABG	B	0.05%
HOG	F	0.05%
ONTO	F	0.05%
OMC	B	0.05%
DXCM	F	0.05%
ATR	A	0.05%
RGLD	C	0.05%
EXEL	A	0.05%
POOL	B	0.05%
SJM	F	0.05%
TPH	D	0.05%
BR	B	0.05%
CIEN	A	0.05%
MANH	C	0.05%
AL	B	0.05%
IQV	F	0.05%
JAZZ	B	0.05%
A	C	0.05%
INCY	A	0.05%
DG	F	0.05%
STX	C	0.05%
COHR	A	0.05%
XYL	F	0.05%
THO	C	0.05%
SON	F	0.05%
KNF	B	0.05%
ZBH	C	0.05%
HALO	C	0.05%
AYI	B	0.05%
TREX	C	0.05%
KTB	A	0.05%
LOPE	A	0.05%
GATX	B	0.05%
ARW	F	0.04%
WSC	C	0.04%
IPG	F	0.04%
NBIX	C	0.04%
MWA	B	0.04%
ARCB	C	0.04%
TTC	D	0.04%
K	B	0.04%
CBZ	B	0.04%
UHAL	B	0.04%
SWKS	F	0.04%
HWKN	D	0.04%
HOLX	D	0.04%
PPG	F	0.04%
LW	C	0.04%
AAON	B	0.04%
APTV	F	0.04%
GFF	C	0.04%
SLVM	B	0.04%
EHC	A	0.04%
AVT	B	0.04%
EFX	D	0.04%
ENTG	F	0.04%
KNX	B	0.04%
GNTX	D	0.04%
DASH	A	0.04%
CHH	B	0.04%
OTIS	B	0.04%
BMRN	F	0.04%
SATS	C	0.04%
SHOO	D	0.04%
AVY	F	0.04%
IFF	F	0.04%
VMC	B	0.04%
DOX	A	0.04%
ABNB	C	0.04%
HUN	F	0.04%
SKY	C	0.04%
TEX	C	0.04%
ALGN	F	0.04%
HPQ	B	0.04%
CARG	B	0.04%
WWD	B	0.04%
PATK	D	0.04%
ALSN	A	0.04%
ALB	C	0.04%
GMS	B	0.04%
NWSA	A	0.04%
WHR	B	0.04%
GNRC	A	0.04%
AZO	C	0.04%
AEO	F	0.04%
KDP	F	0.04%
WSO	A	0.04%
PVH	C	0.04%
GIS	F	0.04%
CTLT	D	0.04%
PAG	C	0.04%
AIT	B	0.04%
AEIS	B	0.03%
TYL	B	0.03%
MLKN	F	0.03%
FBIN	D	0.03%
NSP	F	0.03%
SEE	C	0.03%
HNI	B	0.03%
GRBK	D	0.03%
URBN	D	0.03%
WBD	C	0.03%
NSIT	F	0.03%
HEES	B	0.03%
KLIC	C	0.03%
PARA	C	0.03%
ENPH	F	0.03%
MHK	D	0.03%
ROCK	D	0.03%
RPRX	F	0.03%
GBX	B	0.03%
DOV	A	0.03%
LRN	A	0.03%
MTX	B	0.03%
MGRC	B	0.03%
CRUS	F	0.03%
CAKE	B	0.03%
HUBG	B	0.03%
MAS	D	0.03%
PII	F	0.03%
LHX	B	0.03%
SNOW	C	0.03%
ROP	B	0.03%
GWRE	A	0.03%
LYV	B	0.03%
PHIN	B	0.03%
MEDP	D	0.03%
CHTR	B	0.03%
CCS	F	0.03%
NVT	B	0.03%
RH	B	0.03%
LCII	D	0.03%
AXTA	A	0.03%
FELE	C	0.03%
ASH	F	0.03%
DOCU	A	0.03%
OLLI	C	0.03%
TPX	C	0.03%
IRDM	C	0.03%
MKSI	D	0.03%
TRN	B	0.03%
CROX	F	0.03%
MPWR	F	0.03%
KFY	B	0.03%
KSS	F	0.03%
LAUR	A	0.03%
CSGP	D	0.03%
RRX	B	0.03%
ENS	F	0.03%
CCK	C	0.03%
LEA	F	0.03%
FIVE	D	0.03%
BOOT	D	0.03%
MASI	B	0.03%
TKR	F	0.03%
NYT	B	0.03%
VSCO	A	0.03%
WDAY	C	0.03%
JCI	A	0.03%
MTD	C	0.03%
FOX	B	0.03%
ALLE	D	0.03%
CPRI	F	0.03%
RUSHA	B	0.03%
YETI	D	0.03%
RMD	B	0.03%
GHC	B	0.03%
EBAY	D	0.03%
VEEV	B	0.03%
PSN	B	0.02%
JBT	B	0.02%
PLXS	B	0.02%
KLG	C	0.02%
MKC	D	0.02%
LKQ	F	0.02%
SPSC	F	0.02%
AZEK	B	0.02%
XRAY	F	0.02%
JELD	F	0.02%
COLL	F	0.02%
IONS	F	0.02%
PINC	B	0.02%
DHT	F	0.02%
HOV	D	0.02%
TNET	F	0.02%
TECH	C	0.02%
KALU	C	0.02%
CORT	B	0.02%
MTCH	F	0.02%
LANC	B	0.02%
CRAI	B	0.02%
UNFI	B	0.02%
NX	C	0.02%
CAL	F	0.02%
LDOS	B	0.02%
ADM	F	0.02%
NXST	B	0.02%
CSGS	B	0.02%
PTC	B	0.02%
GEF	B	0.02%
AMKR	F	0.02%
BKE	B	0.02%
NGVT	C	0.02%
VLTO	D	0.02%
KWR	D	0.02%
CARS	D	0.02%
LMB	B	0.02%
AMN	F	0.02%
TTMI	A	0.02%
QRVO	F	0.02%
UCTT	D	0.02%
HRB	C	0.02%
OLED	F	0.02%
WTS	C	0.02%
SCS	C	0.02%
HHH	B	0.02%
BMI	C	0.02%
OXM	F	0.02%
TILE	B	0.02%
KFRC	D	0.02%
GMED	B	0.02%
GVA	B	0.02%
CENTA	D	0.02%
TNC	F	0.02%
ZM	A	0.02%
PLAB	C	0.02%
MAT	C	0.02%
MYRG	C	0.02%
CPB	F	0.02%
TFX	F	0.02%
INSM	D	0.02%
APG	B	0.02%
IEX	B	0.02%
DVAX	C	0.02%
PAYC	B	0.02%
MSM	C	0.02%
BRKR	F	0.02%
LBRDK	B	0.02%
TRU	C	0.02%
ANDE	D	0.02%
SNDR	B	0.02%
KMT	B	0.02%
ATGE	A	0.02%
PRDO	B	0.02%
LEN	D	0.02%
LZB	C	0.02%
DVA	D	0.02%
WS	B	0.02%
RXO	C	0.02%
GOLF	C	0.02%
VRSN	C	0.02%
BXC	B	0.02%
EXLS	A	0.02%
VC	F	0.02%
ZWS	B	0.02%
JWN	C	0.02%
PSTG	C	0.02%
HQY	B	0.02%
HSIC	F	0.02%
ROL	D	0.02%
WH	A	0.02%
RMBS	C	0.02%
MIDD	B	0.02%
AAP	F	0.02%
BAX	F	0.02%
FFIV	B	0.02%
CRVL	B	0.02%
AVNT	B	0.02%
EL	F	0.02%
WGO	C	0.02%
NDSN	C	0.02%
PSMT	C	0.02%
FL	F	0.02%
ILMN	A	0.02%
CHE	F	0.02%
LFUS	C	0.02%
APOG	B	0.02%
GME	C	0.02%
TTEK	C	0.02%
CVCO	B	0.02%
HXL	D	0.02%
QLYS	C	0.02%
CNM	C	0.02%
JNPR	B	0.02%
ORA	A	0.02%
COLM	C	0.02%
GXO	B	0.02%
DDOG	B	0.02%
VFC	B	0.02%
PINS	C	0.02%
BRC	B	0.02%
ACLS	F	0.02%
CRI	F	0.02%
SANM	B	0.02%
PCT	C	0.02%
GEN	B	0.02%
ROK	B	0.02%
DORM	B	0.02%
MAN	F	0.02%
VSH	F	0.02%
GT	C	0.02%
CHRW	B	0.02%
LITE	A	0.01%
MCS	B	0.01%
BFAM	F	0.01%
JACK	D	0.01%
RGEN	D	0.01%
LYTS	A	0.01%
SNAP	C	0.01%
BSRR	B	0.01%
FC	F	0.01%
MMSI	A	0.01%
ENV	C	0.01%
BILL	C	0.01%
RLGT	B	0.01%
CNXN	C	0.01%
SHEN	F	0.01%
VSAT	F	0.01%
KURA	F	0.01%
KELYA	F	0.01%
MSGE	B	0.01%
HAS	D	0.01%
HCKT	B	0.01%
ACNB	B	0.01%
EBF	D	0.01%
BCML	B	0.01%
CMRE	C	0.01%
AZZ	C	0.01%
CVEO	D	0.01%
AMC	F	0.01%
XNCR	C	0.01%
CNXC	F	0.01%
HTBI	C	0.01%
VYX	C	0.01%
ZD	C	0.01%
THRM	F	0.01%
PTCT	B	0.01%
IIIN	F	0.01%
SCVL	D	0.01%
ESI	A	0.01%
NOVT	B	0.01%
CHEF	C	0.01%
ROKU	D	0.01%
CNA	D	0.01%
MARA	C	0.01%
DNLI	C	0.01%
VECO	F	0.01%
ZS	C	0.01%
THR	D	0.01%
PLAY	C	0.01%
BJRI	C	0.01%
CLVT	F	0.01%
SBH	C	0.01%
IMAX	B	0.01%
ESTC	C	0.01%
IRWD	D	0.01%
ARMK	B	0.01%
VITL	D	0.01%
ARHS	F	0.01%
UAA	B	0.01%
GTES	B	0.01%
WBA	D	0.01%
TNL	A	0.01%
LQDT	B	0.01%
FTV	F	0.01%
FCN	F	0.01%
MTN	F	0.01%
DT	C	0.01%
FBIZ	B	0.01%
AI	C	0.01%
KN	B	0.01%
MMS	C	0.01%
NET	C	0.01%
COHU	C	0.01%
RYI	C	0.01%
CHWY	C	0.01%
GFS	D	0.01%
UA	B	0.01%
ALKS	C	0.01%
ATEN	B	0.01%
ETD	F	0.01%
SCSC	C	0.01%
BECN	B	0.01%
ASGN	B	0.01%
BHE	B	0.01%
FSBW	B	0.01%
OPEN	F	0.01%
TRMB	B	0.01%
HZO	C	0.01%
NGVC	B	0.01%
CWK	B	0.01%
PEN	C	0.01%
ALG	C	0.01%
USFD	A	0.01%
PODD	B	0.01%
PRGS	A	0.01%
OMI	F	0.01%
DBX	C	0.01%
SCHL	F	0.01%
FOR	C	0.01%
DFH	F	0.01%
HWM	B	0.01%
GES	F	0.01%
UPBD	C	0.01%
AXL	D	0.01%
PLUS	C	0.01%
PCTY	B	0.01%
ACIW	A	0.01%
HBI	B	0.01%
ZG	B	0.01%
PDCO	C	0.01%
CRL	D	0.01%
LOVE	B	0.01%
OSW	A	0.01%
UNF	C	0.01%
BBWI	C	0.01%
SLGN	B	0.01%
LSCC	C	0.01%
BOX	B	0.01%
CYTK	D	0.01%
PLNT	B	0.01%
CGNX	C	0.01%
BBSI	A	0.01%
ALNY	C	0.01%
SNX	B	0.01%
ACM	B	0.01%
KAI	B	0.01%
WNC	D	0.01%
DGX	B	0.01%
ACHC	F	0.01%
BZH	C	0.01%
W	F	0.01%
RVTY	C	0.01%
EXPO	D	0.01%
RUSHB	B	0.01%
ELAN	D	0.01%
UTI	B	0.01%
YELP	C	0.01%
SPTN	F	0.01%
MBUU	C	0.01%
MRTN	C	0.01%
MRC	B	0.01%
EPAM	C	0.01%
MDB	D	0.01%
HSII	B	0.01%
TDC	F	0.01%
GEHC	D	0.01%
SCL	D	0.01%
MSA	F	0.01%
SXI	B	0.01%
LGND	A	0.01%
CR	B	0.01%
GLOB	B	0.01%
BSY	C	0.01%
IPGP	C	0.01%
SONO	C	0.01%
LEVI	F	0.01%
CTS	B	0.01%
SUPN	B	0.01%
VKTX	C	0.01%
BDC	B	0.01%
ARVN	C	0.01%
KW	B	0.01%
CABO	C	0.01%
ANSS	B	0.01%
DOLE	B	0.01%
NBN	B	0.01%
J	C	0.01%
TWLO	A	0.01%
OSIS	C	0.01%
ETSY	D	0.01%
EPAC	B	0.01%
HELE	D	0.01%
CPRX	B	0.01%
JBI	F	0.01%
KBR	B	0.01%
SAIC	B	0.01%
NWS	A	0.01%
SWK	F	0.01%
SITE	C	0.01%
BBW	C	0.01%
WING	F	0.01%
G	B	0.01%
FORM	F	0.01%
SSNC	C	0.01%
EMR	A	0.01%
BERY	C	0.01%
EXAS	F	0.01%
EXTR	B	0.01%
WEN	C	0.01%
BLD	F	0.01%
AGIO	A	0.01%
PNR	B	0.01%
CVLT	A	0.01%
SAH	B	0.01%
AZTA	F	0.01%
CBRL	C	0.01%
NMRK	B	0.01%
INVA	B	0.01%
DAN	F	0.01%
DLB	C	0.01%
DDS	C	0.01%
ESE	B	0.01%
FTDR	B	0.01%
AVTR	F	0.01%
LNN	B	0.01%
ZBRA	B	0.01%
DNOW	C	0.01%
SPB	D	0.01%
ODP	F	0.01%
VNT	B	0.01%
SYNA	D	0.01%
MMI	B	0.01%
NPO	C	0.01%
BIO	B	0.01%
NTNX	B	0.01%
AWK	D	0.01%
BLMN	D	0.01%
HAE	C	0.01%
OLO	C	0.0%
UDMY	C	0.0%
APPS	F	0.0%
ATUS	C	0.0%
ASLE	D	0.0%
NAPA	A	0.0%
SNBR	D	0.0%
RLAY	F	0.0%
TXG	F	0.0%
VERV	D	0.0%
VIAV	B	0.0%
PLCE	C	0.0%
ADPT	B	0.0%
RVLV	B	0.0%
PETS	C	0.0%
TLYS	F	0.0%
TSE	F	0.0%
ALTR	C	0.0%
EPM	C	0.0%
FTRE	F	0.0%
TYRA	F	0.0%
MYE	F	0.0%
SHYF	C	0.0%
NWL	B	0.0%
CCRD	B	0.0%
CCSI	B	0.0%
RCMT	C	0.0%
VVI	B	0.0%
GH	C	0.0%
XRX	F	0.0%
CATO	B	0.0%
MRVI	F	0.0%
EVC	C	0.0%
FNKO	B	0.0%
IBEX	C	0.0%
MRUS	B	0.0%
PLTK	B	0.0%
FOXF	F	0.0%
HIMS	B	0.0%
DJCO	B	0.0%
FWRD	C	0.0%
DOCS	B	0.0%
PLRX	C	0.0%
INGN	D	0.0%
FRPH	B	0.0%
BCPC	B	0.0%
HLVX	D	0.0%
RARE	D	0.0%
FROG	C	0.0%
ALCO	F	0.0%
TTEC	F	0.0%
BPMC	C	0.0%
KODK	B	0.0%
ACCD	F	0.0%
CCOI	B	0.0%
SMTC	A	0.0%
KAR	B	0.0%
CACI	B	0.0%
EPSN	B	0.0%
PRCT	B	0.0%
MDGL	B	0.0%
LESL	D	0.0%
HUBS	B	0.0%
PCVX	D	0.0%
ENTA	F	0.0%
HLF	C	0.0%
PRO	C	0.0%
RGP	F	0.0%
EDIT	F	0.0%
VSTS	F	0.0%
TDOC	D	0.0%
TENB	D	0.0%
CEVA	B	0.0%
AGL	F	0.0%
EMBC	C	0.0%
CVGI	F	0.0%
RNG	A	0.0%
PBI	A	0.0%
NTCT	B	0.0%
EYE	D	0.0%
RCKT	F	0.0%
SEG	D	0.0%
MPAA	F	0.0%
OPBK	B	0.0%
SEDG	F	0.0%
LCID	F	0.0%
MEI	F	0.0%
MYPS	D	0.0%
SABR	C	0.0%
U	C	0.0%
NUS	F	0.0%
CSTL	B	0.0%
ANIK	F	0.0%
RIVN	F	0.0%
ALT	D	0.0%
MRBK	C	0.0%
VNDA	C	0.0%
HGV	C	0.0%
ZI	C	0.0%
ACCO	B	0.0%
HMST	F	0.0%
ARRY	F	0.0%
TRC	F	0.0%
SIRI	D	0.0%
ANAB	F	0.0%
KE	C	0.0%
HCAT	C	0.0%
PBPB	D	0.0%
RMR	D	0.0%
NRC	F	0.0%
GEF	B	0.0%
TTGT	C	0.0%
OSUR	D	0.0%
EBS	C	0.0%
USNA	C	0.0%
THRY	F	0.0%
OKTA	D	0.0%
RMAX	B	0.0%
VAC	B	0.0%
FLIC	B	0.0%
GEOS	C	0.0%
NTGR	B	0.0%
LBRDA	B	0.0%
SMAR	B	0.0%
B	B	0.0%
TRIP	D	0.0%
PZZA	C	0.0%
NEO	C	0.0%
HCSG	B	0.0%
ZIP	C	0.0%
NEOG	C	0.0%
FLGT	C	0.0%
TBI	D	0.0%
MODG	F	0.0%
TRS	B	0.0%
IMMR	F	0.0%
FLWS	C	0.0%
RAMP	C	0.0%
MOV	D	0.0%
GOGO	C	0.0%
ASTE	C	0.0%
AVNS	F	0.0%
DLX	B	0.0%
TRDA	B	0.0%
RPD	C	0.0%
NOVA	F	0.0%
TBPH	C	0.0%
UFPT	C	0.0%
UHAL	B	0.0%
FMAO	B	0.0%
JAKK	C	0.0%
HDSN	F	0.0%
CENT	D	0.0%
MERC	C	0.0%
LGIH	D	0.0%
ADTN	B	0.0%
RGNX	D	0.0%
TITN	C	0.0%
RM	D	0.0%
TWI	F	0.0%
CRSP	C	0.0%
DNB	B	0.0%
BELFB	B	0.0%
PLYA	B	0.0%
DOCN	D	0.0%
MYGN	F	0.0%
MCFT	B	0.0%
ENR	B	0.0%
HVT	F	0.0%
HTLD	C	0.0%
CCRN	F	0.0%
PUBM	C	0.0%
ASTH	B	0.0%
WOW	B	0.0%
ODC	C	0.0%
MXL	C	0.0%
LEG	F	0.0%
VPG	F	0.0%
JBSS	F	0.0%
SMP	C	0.0%
PCB	B	0.0%
FFIC	B	0.0%
ZIMV	F	0.0%
SB	F	0.0%
HAYW	B	0.0%
KOP	D	0.0%
ST	F	0.0%
RDUS	C	0.0%
GCO	C	0.0%
EPC	D	0.0%
FNLC	B	0.0%
RUN	F	0.0%
ZUMZ	D	0.0%
ALGM	D	0.0%

AVSU Underweight 117 Positions Relative to FNCL

Symbol	Grade	Weight
BRK.A	C	-7.98%
WFC	B	-2.91%
SQ	C	-0.53%
IBKR	B	-0.2%
L	B	-0.2%
HOOD	B	-0.18%
AFRM	B	-0.14%
TOST	A	-0.14%
OWL	B	-0.14%
AGNC	D	-0.1%
SSB	B	-0.1%
HLNE	B	-0.09%
JXN	B	-0.09%
RYAN	B	-0.09%
CADE	B	-0.08%
STWD	D	-0.08%
COOP	B	-0.08%
UBSI	B	-0.07%
ABCB	B	-0.06%
SFBS	B	-0.06%
HWC	B	-0.06%
TPG	B	-0.06%
PJT	B	-0.05%
TCBI	B	-0.05%
STEP	B	-0.05%
AX	B	-0.05%
IBOC	B	-0.05%
UPST	B	-0.05%
ESGR	B	-0.05%
HASI	C	-0.05%
DBRG	F	-0.04%
BXMT	B	-0.04%
WSFS	B	-0.04%
FULT	B	-0.04%
CATY	B	-0.04%
EBC	B	-0.04%
BGC	A	-0.04%
TRUP	C	-0.03%
GSHD	B	-0.03%
PLMR	C	-0.03%
SNEX	B	-0.03%
ABR	B	-0.03%
OCFC	B	-0.02%
SRCE	B	-0.02%
SAFT	C	-0.02%
EIG	B	-0.02%
ARI	F	-0.02%
WT	B	-0.02%
PMT	D	-0.02%
RC	F	-0.02%
CUBI	C	-0.02%
CODI	B	-0.02%
LADR	C	-0.02%
LOB	C	-0.02%
VRTS	B	-0.02%
NWBI	B	-0.02%
FRHC	B	-0.02%
TFIN	B	-0.02%
OFG	C	-0.02%
FLYW	C	-0.02%
PGC	B	-0.01%
SPFI	B	-0.01%
HAFC	B	-0.01%
CCBG	B	-0.01%
NRDS	B	-0.01%
GSBC	B	-0.01%
PX	B	-0.01%
TRTX	B	-0.01%
PAY	B	-0.01%
TIPT	B	-0.01%
AMBC	F	-0.01%
MSBI	B	-0.01%
MCB	B	-0.01%
FSBC	B	-0.01%
UVE	C	-0.01%
WASH	B	-0.01%
EZPW	B	-0.01%
RBCAA	B	-0.01%
IIIV	B	-0.01%
KREF	C	-0.01%
IMXI	D	-0.01%
EQBK	B	-0.01%
CTLP	B	-0.01%
TMP	B	-0.01%
TREE	D	-0.01%
CCB	B	-0.01%
RPAY	C	-0.01%
CFFN	B	-0.01%
MCBS	B	-0.01%
UWMC	F	-0.01%
CMTG	F	-0.01%
PFBC	B	-0.01%
HTBK	B	-0.01%
PRA	B	-0.01%
FCBC	B	-0.01%
FG	C	-0.01%
BRSP	C	-0.01%
BHRB	B	-0.01%
BSIG	B	-0.01%
DX	C	-0.01%
CTBI	B	-0.01%
BRKL	B	-0.01%
CNOB	B	-0.01%
LMND	B	-0.01%
RWT	D	-0.01%
UVSP	B	-0.01%
MBIN	F	-0.01%
EFC	D	-0.01%
FBRT	B	-0.01%
HCI	B	-0.01%
AROW	B	-0.0%
RILY	F	-0.0%
GCBC	C	-0.0%
DGICA	A	-0.0%
HGTY	B	-0.0%
HBT	B	-0.0%
KRNY	B	-0.0%