AVSU vs. QLC ETF Comparison

Comparison of Avantis Responsible U.S. Equity ETF (AVSU) to FlexShares US Quality Large Cap Index Fund (QLC)

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

$68.23

Average Daily Volume

9,970

Number of Holdings ^*

1244

* may have additional holdings in another (foreign) market

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$67.43

Average Daily Volume

43,756

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	AVSU	QLC
30 Days	4.60%	3.14%
60 Days	5.23%	4.71%
90 Days	6.76%	6.03%
12 Months	31.89%	34.37%

124 Overlapping Holdings

Symbol	Grade	Weight in AVSU	Weight in QLC	Overlap
AAPL	C	5.26%	7.51%	5.26%
ABBV	D	0.47%	0.19%	0.19%
ABNB	C	0.04%	0.22%	0.04%
ABT	B	0.21%	0.13%	0.13%
ACN	C	0.31%	0.68%	0.31%
ADBE	C	0.17%	0.82%	0.17%
ADI	D	0.12%	0.47%	0.12%
ADM	D	0.01%	0.02%	0.01%
ADP	B	0.38%	0.05%	0.05%
AFL	B	0.31%	0.62%	0.31%
AIG	B	0.23%	0.52%	0.23%
ALLY	C	0.11%	0.33%	0.11%
AMAT	F	0.58%	0.66%	0.58%
AMGN	D	0.28%	0.55%	0.28%
AMZN	C	2.5%	2.34%	2.34%
AOS	F	0.07%	0.08%	0.07%
AVGO	D	0.88%	1.69%	0.88%
AZO	C	0.04%	0.56%	0.04%
BAC	A	0.54%	1.5%	0.54%
BBY	D	0.14%	0.19%	0.14%
BK	A	0.21%	0.68%	0.21%
BKNG	A	0.31%	0.66%	0.31%
BMY	B	0.28%	0.44%	0.28%
C	A	0.41%	1.25%	0.41%
CAH	B	0.09%	0.21%	0.09%
CBRE	B	0.12%	0.63%	0.12%
CI	F	0.08%	0.76%	0.08%
CL	D	0.23%	0.33%	0.23%
CMCSA	B	0.41%	0.78%	0.41%
CMI	A	0.29%	0.31%	0.29%
CNC	D	0.13%	0.29%	0.13%
COF	B	0.36%	0.72%	0.36%
COR	B	0.13%	0.56%	0.13%
CRM	B	0.14%	0.04%	0.04%
CSCO	B	0.16%	1.25%	0.16%
CSL	C	0.17%	0.35%	0.17%
CTSH	B	0.12%	0.34%	0.12%
DASH	A	0.04%	0.24%	0.04%
DELL	C	0.09%	0.33%	0.09%
DFS	B	0.34%	0.18%	0.18%
DHR	F	0.11%	0.04%	0.04%
DVA	B	0.02%	0.39%	0.02%
EA	A	0.08%	0.28%	0.08%
EBAY	D	0.04%	0.47%	0.04%
EIX	B	0.13%	0.21%	0.13%
ELV	F	0.23%	0.12%	0.12%
EMR	A	0.02%	0.02%	0.02%
EXC	C	0.09%	0.38%	0.09%
EXPD	D	0.15%	0.38%	0.15%
FI	A	0.07%	0.18%	0.07%
FICO	B	0.09%	0.68%	0.09%
FIS	C	0.03%	0.34%	0.03%
FITB	A	0.18%	0.27%	0.18%
FLEX	A	0.16%	0.07%	0.07%
FTNT	C	0.11%	0.5%	0.11%
GEHC	F	0.01%	0.07%	0.01%
GILD	C	0.47%	0.15%	0.15%
GIS	D	0.04%	0.34%	0.04%
GOOG	C	1.37%	2.82%	1.37%
GOOGL	C	1.66%	2.85%	1.66%
GS	A	0.62%	0.68%	0.62%
GWW	B	0.33%	0.64%	0.33%
HCA	F	0.06%	0.19%	0.06%
HD	A	0.46%	0.66%	0.46%
HOLX	D	0.03%	0.2%	0.03%
IDXX	F	0.11%	0.18%	0.11%
INTU	C	0.13%	1.08%	0.13%
IT	C	0.13%	0.19%	0.13%
ITW	B	0.15%	0.77%	0.15%
JBL	B	0.18%	0.27%	0.18%
JLL	D	0.08%	0.03%	0.03%
JNJ	D	0.58%	1.48%	0.58%
JPM	A	1.34%	2.1%	1.34%
KLAC	D	0.4%	0.64%	0.4%
KMB	D	0.17%	0.43%	0.17%
KR	B	0.28%	0.46%	0.28%
LDOS	C	0.01%	0.54%	0.01%
LEN	D	0.22%	0.09%	0.09%
LEN	D	0.02%	0.09%	0.02%
LH	C	0.08%	0.33%	0.08%
LLY	F	0.57%	1.14%	0.57%
LOW	D	0.13%	0.45%	0.13%
LRCX	F	0.43%	0.72%	0.43%
MANH	D	0.05%	0.11%	0.05%
MAS	D	0.03%	0.24%	0.03%
MCK	B	0.11%	0.77%	0.11%
MEDP	D	0.03%	0.02%	0.02%
MELI	D	0.34%	0.38%	0.34%
MET	A	0.21%	0.55%	0.21%
META	D	2.48%	2.34%	2.34%
MRK	F	0.61%	0.88%	0.61%
MS	A	0.44%	0.69%	0.44%
MSFT	F	4.87%	4.69%	4.69%
MTD	D	0.03%	0.31%	0.03%
NFLX	A	0.33%	0.69%	0.33%
NTAP	C	0.09%	0.17%	0.09%
NUE	C	0.17%	0.39%	0.17%
NVDA	C	3.51%	6.54%	3.51%
NVR	D	0.19%	0.54%	0.19%
OMC	C	0.05%	0.39%	0.05%
ORCL	B	0.2%	1.12%	0.2%
PAYX	C	0.18%	0.16%	0.16%
PCAR	B	0.29%	0.3%	0.29%
PG	A	0.37%	1.27%	0.37%
PHM	D	0.26%	0.23%	0.23%
PRU	A	0.17%	0.28%	0.17%
QCOM	F	0.44%	0.66%	0.44%
REGN	F	0.21%	0.06%	0.06%
RMD	C	0.03%	0.38%	0.03%
ROP	B	0.03%	0.03%	0.03%
SMCI	F	0.05%	0.02%	0.02%
STLD	B	0.18%	0.47%	0.18%
STT	A	0.12%	0.44%	0.12%
SYF	B	0.28%	0.56%	0.28%
SYK	C	0.11%	0.05%	0.05%
T	A	0.51%	0.78%	0.51%
TAP	C	0.07%	0.28%	0.07%
TGT	F	0.35%	0.06%	0.06%
TSLA	B	0.92%	0.73%	0.73%
UPS	C	0.29%	0.37%	0.29%
UTHR	C	0.11%	0.13%	0.11%
WAB	B	0.06%	0.28%	0.06%
WSM	B	0.17%	0.13%	0.13%
ZM	B	0.02%	0.06%	0.02%

AVSU Overweight 1120 Positions Relative to QLC

Symbol	Grade	Weight
COST	B	0.85%
V	A	0.84%
WMT	A	0.82%
MA	C	0.65%
VRTX	F	0.61%
TJX	A	0.56%
UNP	C	0.52%
TMUS	B	0.49%
MU	D	0.47%
AMD	F	0.46%
AMP	A	0.45%
VZ	C	0.44%
TXN	C	0.44%
GM	B	0.43%
UNH	C	0.39%
DE	A	0.38%
PGR	A	0.38%
FDX	B	0.37%
PANW	C	0.34%
TRV	B	0.34%
CSX	B	0.33%
PEP	F	0.32%
CMG	B	0.31%
KO	D	0.31%
URI	B	0.3%
CB	C	0.29%
NSC	B	0.27%
KKR	A	0.27%
HIG	B	0.27%
ROST	C	0.26%
AXP	A	0.26%
SCHW	B	0.25%
ACGL	D	0.24%
ANET	C	0.24%
NKE	D	0.24%
F	C	0.24%
FAST	B	0.23%
ODFL	B	0.23%
PNC	B	0.23%
GLW	B	0.23%
BX	A	0.22%
DECK	A	0.22%
APO	B	0.22%
MTB	A	0.22%
TSCO	D	0.22%
SFM	A	0.22%
VRT	B	0.21%
PFE	D	0.2%
USB	A	0.2%
SPGI	C	0.2%
ALL	A	0.2%
LULU	C	0.2%
EQH	B	0.2%
PKG	A	0.2%
IBM	C	0.19%
DHI	D	0.19%
BLK	C	0.19%
NOW	A	0.19%
RJF	A	0.19%
INTC	D	0.18%
BSX	B	0.17%
MCD	D	0.17%
TFC	A	0.17%
CEG	D	0.16%
CPNG	D	0.16%
ZTS	D	0.16%
RF	A	0.16%
CTAS	B	0.16%
FIX	A	0.16%
ISRG	A	0.16%
ULTA	F	0.16%
MOH	F	0.16%
SHW	A	0.16%
COIN	C	0.15%
TTWO	A	0.15%
PFG	D	0.15%
BURL	A	0.15%
CME	A	0.15%
TPR	B	0.15%
TOL	B	0.14%
BLDR	D	0.14%
VTRS	A	0.14%
OC	A	0.14%
TXRH	C	0.14%
GRMN	B	0.14%
CDNS	B	0.14%
ON	D	0.14%
PRI	A	0.13%
CFG	B	0.13%
KEY	B	0.13%
RGA	A	0.13%
DIS	B	0.13%
CPRT	A	0.13%
VRSK	A	0.13%
KVUE	A	0.13%
MMC	B	0.12%
JEF	A	0.12%
SNA	A	0.12%
ETN	A	0.12%
TMO	F	0.12%
MLI	C	0.12%
TER	D	0.12%
JBHT	C	0.12%
GDDY	A	0.12%
RS	B	0.12%
MDT	D	0.12%
DRI	B	0.12%
SAIA	B	0.12%
NTRS	A	0.11%
WRB	A	0.11%
LPX	B	0.11%
NEM	D	0.11%
ANF	C	0.11%
SF	B	0.11%
MDLZ	F	0.11%
AON	A	0.11%
MCO	B	0.11%
EWBC	A	0.11%
HBAN	A	0.1%
NXPI	D	0.1%
FYBR	D	0.1%
DKS	C	0.1%
TMHC	B	0.1%
EVR	B	0.1%
BG	F	0.1%
LECO	B	0.1%
ADSK	A	0.1%
UBER	D	0.1%
CINF	A	0.1%
KMX	B	0.1%
MOD	A	0.1%
R	B	0.1%
LPLA	A	0.1%
BALL	D	0.1%
WMS	D	0.1%
CG	A	0.1%
EG	C	0.1%
ORLY	B	0.1%
UNM	A	0.1%
LAD	A	0.1%
FCNCA	A	0.09%
AXS	A	0.09%
CARR	D	0.09%
BCC	B	0.09%
BPOP	B	0.09%
KEYS	A	0.09%
GPC	D	0.09%
IR	B	0.09%
ALV	C	0.09%
RL	B	0.09%
HLI	B	0.09%
PYPL	B	0.09%
FHN	A	0.09%
ORI	A	0.09%
FOXA	B	0.09%
TT	A	0.09%
WAT	B	0.08%
BIIB	F	0.08%
HSY	F	0.08%
PIPR	B	0.08%
EW	C	0.08%
GPK	C	0.08%
AN	C	0.08%
CMA	A	0.08%
GL	B	0.08%
MRVL	B	0.08%
MATX	C	0.08%
SNV	B	0.08%
SKX	D	0.08%
SW	A	0.08%
AWI	A	0.08%
TROW	B	0.08%
SLM	A	0.08%
ZION	B	0.08%
SNPS	B	0.08%
CRWD	B	0.08%
AFG	A	0.08%
HUM	C	0.08%
VOYA	B	0.08%
AJG	B	0.08%
SEIC	B	0.08%
APH	A	0.08%
RHI	B	0.08%
LII	A	0.08%
DD	D	0.08%
CLX	B	0.08%
SIG	B	0.07%
PLTR	B	0.07%
KD	B	0.07%
OSK	B	0.07%
SBUX	A	0.07%
HPE	B	0.07%
WAL	B	0.07%
CPAY	A	0.07%
MSI	B	0.07%
ENSG	D	0.07%
FDS	B	0.07%
SYY	B	0.07%
MKL	A	0.07%
STZ	D	0.07%
WTFC	A	0.07%
FNF	B	0.07%
OMF	A	0.07%
LSTR	D	0.07%
HRI	B	0.07%
WCC	B	0.07%
CMC	B	0.07%
RNR	C	0.07%
CHD	B	0.07%
MTH	D	0.07%
GAP	C	0.07%
MTG	C	0.07%
Z	A	0.07%
UFPI	B	0.07%
DCI	B	0.07%
DLTR	F	0.07%
STRL	B	0.07%
JKHY	D	0.07%
IDCC	A	0.07%
GGG	B	0.07%
RPM	A	0.07%
KBH	D	0.06%
JAZZ	B	0.06%
MHO	D	0.06%
FAF	A	0.06%
AYI	B	0.06%
ESNT	D	0.06%
SCI	B	0.06%
ATKR	C	0.06%
SSD	D	0.06%
GATX	A	0.06%
ITT	A	0.06%
WBS	A	0.06%
M	D	0.06%
RDN	C	0.06%
HUBB	B	0.06%
ICE	C	0.06%
CDW	F	0.06%
CLH	B	0.06%
AIZ	A	0.06%
BC	C	0.06%
FND	C	0.06%
LOPE	B	0.06%
AKAM	D	0.06%
AME	A	0.06%
PH	A	0.06%
WST	C	0.06%
KNSL	B	0.06%
GMS	B	0.05%
YUM	B	0.05%
TKO	B	0.05%
FSLR	F	0.05%
THG	A	0.05%
GNRC	B	0.05%
RGLD	C	0.05%
PAG	B	0.05%
FN	D	0.05%
CARG	C	0.05%
VIRT	B	0.05%
WSO	A	0.05%
SIGI	C	0.05%
SJM	D	0.05%
HOG	D	0.05%
ARES	A	0.05%
DAR	C	0.05%
TTD	B	0.05%
POOL	C	0.05%
DG	F	0.05%
SON	D	0.05%
DXC	B	0.05%
STX	D	0.05%
IQV	D	0.05%
WTM	A	0.05%
KNF	A	0.05%
ATR	B	0.05%
A	D	0.05%
XYL	D	0.05%
DXCM	D	0.05%
AIT	A	0.05%
OZK	B	0.05%
EXEL	B	0.05%
TPH	D	0.05%
BAH	F	0.05%
WTW	B	0.05%
TREX	C	0.05%
ERIE	D	0.05%
ZBH	C	0.05%
CBSH	A	0.05%
INCY	C	0.05%
XPO	B	0.05%
BR	A	0.05%
THO	B	0.05%
ABG	B	0.05%
COLB	A	0.05%
BDX	F	0.05%
CIEN	B	0.05%
COHR	B	0.05%
AL	B	0.05%
HALO	F	0.05%
WDC	D	0.05%
KTB	B	0.05%
BWA	D	0.05%
MASI	A	0.04%
RUSHA	C	0.04%
ENTG	D	0.04%
AVT	C	0.04%
MKTX	D	0.04%
WSC	D	0.04%
SLVM	B	0.04%
EFX	F	0.04%
ASB	B	0.04%
LW	C	0.04%
JCI	C	0.04%
AVY	D	0.04%
GNTX	C	0.04%
YETI	C	0.04%
ARCB	C	0.04%
FOX	A	0.04%
BHF	B	0.04%
CBOE	B	0.04%
SHOO	D	0.04%
EHC	B	0.04%
VEEV	C	0.04%
JHG	A	0.04%
DOX	D	0.04%
GHC	C	0.04%
WDAY	B	0.04%
BMRN	D	0.04%
CNO	A	0.04%
OTIS	C	0.04%
NMIH	D	0.04%
CHH	A	0.04%
VSCO	B	0.04%
AEO	F	0.04%
PFSI	D	0.04%
MWA	B	0.04%
ONTO	D	0.04%
CBZ	B	0.04%
PB	A	0.04%
CFR	B	0.04%
KNX	B	0.04%
VMC	B	0.04%
FBP	B	0.04%
TEX	D	0.04%
MC	C	0.04%
ONB	B	0.04%
HWKN	B	0.04%
PNFP	B	0.04%
HPQ	B	0.04%
MRNA	F	0.04%
AAON	B	0.04%
WD	D	0.04%
IVZ	B	0.04%
FNB	A	0.04%
KDP	D	0.04%
PATK	D	0.04%
IBP	D	0.04%
SKY	A	0.04%
ALGN	D	0.04%
CTLT	B	0.04%
NOC	D	0.04%
AGCO	D	0.04%
CVNA	B	0.04%
WWD	B	0.04%
GFF	A	0.04%
AGO	B	0.04%
NWSA	B	0.04%
ALB	C	0.04%
PVH	C	0.04%
CVS	D	0.04%
ALSN	B	0.04%
WHR	B	0.04%
KLIC	B	0.03%
ROK	B	0.03%
UCB	A	0.03%
PII	D	0.03%
FFIN	B	0.03%
BOH	B	0.03%
CHRW	C	0.03%
PARA	C	0.03%
SANM	B	0.03%
MLKN	D	0.03%
MHK	D	0.03%
URBN	C	0.03%
GBCI	B	0.03%
LHX	C	0.03%
BOKF	B	0.03%
GME	C	0.03%
ASH	D	0.03%
ROCK	C	0.03%
HNI	B	0.03%
APAM	B	0.03%
VLY	B	0.03%
CAKE	C	0.03%
GT	C	0.03%
DOV	A	0.03%
LRN	A	0.03%
CCS	D	0.03%
QLYS	C	0.03%
MGRC	B	0.03%
NVT	B	0.03%
CROX	D	0.03%
CNS	B	0.03%
HEES	B	0.03%
DORM	B	0.03%
MTX	B	0.03%
LNC	B	0.03%
RH	B	0.03%
TKR	D	0.03%
GWRE	A	0.03%
TBBK	B	0.03%
GBX	A	0.03%
LCII	C	0.03%
SOFI	A	0.03%
BKU	A	0.03%
GNW	A	0.03%
FIVE	F	0.03%
HOMB	A	0.03%
WBD	C	0.03%
OLLI	D	0.03%
CCK	C	0.03%
IRDM	D	0.03%
BEN	C	0.03%
LYV	A	0.03%
SNOW	C	0.03%
HUBG	A	0.03%
KSS	F	0.03%
NYT	C	0.03%
PHIN	A	0.03%
AXTA	A	0.03%
ENS	D	0.03%
LEA	D	0.03%
UHAL	D	0.03%
RLI	B	0.03%
CSGP	D	0.03%
RRX	B	0.03%
LAUR	A	0.03%
ARW	D	0.03%
ALLE	D	0.03%
FELE	B	0.03%
TRN	C	0.03%
KFY	B	0.03%
SATS	D	0.03%
SWKS	F	0.03%
APTV	D	0.03%
HUN	F	0.03%
CHTR	C	0.03%
BOOT	D	0.03%
CPRI	F	0.03%
IPG	D	0.03%
MKSI	C	0.03%
IFF	D	0.03%
TPX	B	0.03%
DOCU	A	0.03%
K	A	0.03%
PPG	F	0.03%
NBIX	C	0.03%
UMBF	B	0.03%
TTC	D	0.03%
BFH	B	0.03%
QCRH	A	0.02%
NBHC	B	0.02%
ESE	B	0.02%
SAH	A	0.02%
JBT	B	0.02%
FRME	B	0.02%
QRVO	F	0.02%
OLED	D	0.02%
LKQ	D	0.02%
PLXS	B	0.02%
MMI	B	0.02%
FTDR	A	0.02%
SYNA	C	0.02%
AZEK	A	0.02%
DHT	F	0.02%
CAL	D	0.02%
DDS	B	0.02%
SPSC	C	0.02%
NPO	A	0.02%
WEX	D	0.02%
CRAI	B	0.02%
PAYO	A	0.02%
EFSC	B	0.02%
VLTO	D	0.02%
CBU	B	0.02%
PTC	A	0.02%
NX	C	0.02%
AMKR	D	0.02%
LANC	C	0.02%
AGIO	C	0.02%
UNFI	A	0.02%
NTNX	A	0.02%
BANF	B	0.02%
HRB	D	0.02%
TRMK	B	0.02%
MAT	D	0.02%
KALU	C	0.02%
SASR	B	0.02%
PINC	B	0.02%
CPB	D	0.02%
CORT	B	0.02%
TFX	F	0.02%
TNET	D	0.02%
GEF	A	0.02%
NGVT	B	0.02%
DNOW	B	0.02%
AUB	B	0.02%
TNC	D	0.02%
UCTT	D	0.02%
TTMI	B	0.02%
NAVI	C	0.02%
KFRC	D	0.02%
CACC	D	0.02%
VCTR	B	0.02%
BRKR	D	0.02%
KWR	C	0.02%
OXM	D	0.02%
HHH	B	0.02%
BAX	D	0.02%
FFBC	A	0.02%
HAE	C	0.02%
BKE	B	0.02%
TTEK	F	0.02%
ENVA	B	0.02%
CSGS	B	0.02%
ECPG	B	0.02%
STC	B	0.02%
LC	A	0.02%
TRU	D	0.02%
SCS	C	0.02%
BMI	B	0.02%
PPBI	B	0.02%
WTS	B	0.02%
RXO	C	0.02%
CENTA	C	0.02%
CARS	B	0.02%
NBTB	B	0.02%
INSM	C	0.02%
LMB	A	0.02%
PRK	B	0.02%
PLAB	C	0.02%
GMED	A	0.02%
APG	B	0.02%
ENPH	F	0.02%
HSIC	B	0.02%
TOWN	B	0.02%
IEX	B	0.02%
ANDE	D	0.02%
CVBF	A	0.02%
GVA	A	0.02%
EL	F	0.02%
FHI	A	0.02%
PSTG	D	0.02%
BRO	B	0.02%
WU	D	0.02%
PAYC	B	0.02%
ATGE	B	0.02%
MSM	C	0.02%
VC	D	0.02%
PCT	C	0.02%
JWN	C	0.02%
MYRG	B	0.02%
AGM	C	0.02%
VRSN	F	0.02%
INDB	B	0.02%
SNDR	B	0.02%
PRG	C	0.02%
LBRDK	C	0.02%
DVAX	C	0.02%
PFS	B	0.02%
CNM	D	0.02%
PINS	D	0.02%
ILMN	D	0.02%
ZWS	B	0.02%
HTLF	B	0.02%
MIDD	C	0.02%
FFIV	B	0.02%
EXLS	B	0.02%
ACLS	F	0.02%
KMT	B	0.02%
ROL	B	0.02%
NSIT	F	0.02%
GOLF	B	0.02%
GPN	B	0.02%
BXC	B	0.02%
FBIN	D	0.02%
LZB	B	0.02%
WS	B	0.02%
FL	F	0.02%
NDSN	B	0.02%
WAFD	B	0.02%
JNPR	F	0.02%
LFUS	F	0.02%
WH	B	0.02%
CHE	D	0.02%
FHB	A	0.02%
HQY	B	0.02%
VSH	D	0.02%
VFC	C	0.02%
PSMT	C	0.02%
PRDO	B	0.02%
ORA	B	0.02%
HXL	D	0.02%
CRI	D	0.02%
RMBS	C	0.02%
AVNT	B	0.02%
GXO	B	0.02%
WGO	C	0.02%
MPWR	F	0.02%
NSP	D	0.02%
AAP	C	0.02%
COLM	B	0.02%
MAN	D	0.02%
SEE	C	0.02%
TW	A	0.02%
DDOG	A	0.02%
CRVL	A	0.02%
MSCI	C	0.02%
APOG	B	0.02%
GEN	B	0.02%
BRC	D	0.02%
CRUS	D	0.02%
BANR	B	0.02%
TYL	B	0.02%
RPRX	D	0.02%
GRBK	D	0.02%
TILE	B	0.02%
AEIS	B	0.02%
CVCO	A	0.02%
KOP	C	0.01%
NFBK	B	0.01%
ZUMZ	C	0.01%
SHEN	F	0.01%
RGEN	D	0.01%
FNLC	B	0.01%
ENV	B	0.01%
HAS	D	0.01%
MSGE	F	0.01%
MMSI	B	0.01%
KURA	F	0.01%
RLGT	A	0.01%
GCO	B	0.01%
OSBC	A	0.01%
CNXC	F	0.01%
SMBC	B	0.01%
VITL	D	0.01%
RKT	F	0.01%
BSRR	B	0.01%
MCS	B	0.01%
CVEO	F	0.01%
CASS	B	0.01%
EBF	F	0.01%
CNXN	C	0.01%
CMRE	C	0.01%
AMC	C	0.01%
LYTS	B	0.01%
NOVT	D	0.01%
DHIL	A	0.01%
VECO	F	0.01%
BCML	A	0.01%
CAC	B	0.01%
ACNB	B	0.01%
AZZ	B	0.01%
THRM	D	0.01%
LITE	B	0.01%
FMBH	B	0.01%
CNA	B	0.01%
BHB	B	0.01%
CHEF	A	0.01%
ESI	A	0.01%
WBA	F	0.01%
PTCT	B	0.01%
BJRI	B	0.01%
THFF	B	0.01%
XNCR	B	0.01%
NATL	B	0.01%
TRST	A	0.01%
SCVL	F	0.01%
HTBI	B	0.01%
IMAX	B	0.01%
VYX	B	0.01%
AMG	B	0.01%
MMS	F	0.01%
BANC	A	0.01%
IIIN	C	0.01%
ARMK	B	0.01%
HCKT	B	0.01%
IRWD	F	0.01%
PLAY	D	0.01%
SBH	C	0.01%
DNLI	D	0.01%
FCN	D	0.01%
DT	C	0.01%
BY	B	0.01%
ROKU	D	0.01%
GTES	A	0.01%
THR	B	0.01%
FTV	C	0.01%
ESTC	C	0.01%
COHU	C	0.01%
ZD	C	0.01%
ZS	C	0.01%
CFB	B	0.01%
MTN	C	0.01%
MBWM	B	0.01%
AMSF	B	0.01%
KN	B	0.01%
AI	B	0.01%
ASGN	F	0.01%
ARHS	F	0.01%
NET	B	0.01%
ACT	D	0.01%
TNL	A	0.01%
BILL	A	0.01%
UAA	C	0.01%
EGBN	B	0.01%
PLUS	F	0.01%
MARA	C	0.01%
OPEN	D	0.01%
ETD	C	0.01%
LQDT	B	0.01%
FOR	F	0.01%
AMTB	B	0.01%
GABC	B	0.01%
OMI	F	0.01%
ALKS	B	0.01%
HZO	D	0.01%
PDCO	D	0.01%
RYI	C	0.01%
DFH	D	0.01%
FBIZ	B	0.01%
FSBW	B	0.01%
VKTX	F	0.01%
UA	C	0.01%
PEN	B	0.01%
BECN	B	0.01%
CNNE	B	0.01%
ATEN	B	0.01%
BHE	B	0.01%
CWK	B	0.01%
IBCP	B	0.01%
GFS	C	0.01%
GES	F	0.01%
SYBT	B	0.01%
SPTN	D	0.01%
SCHL	D	0.01%
SBSI	B	0.01%
PRGS	A	0.01%
SCSC	B	0.01%
CHWY	B	0.01%
USFD	A	0.01%
W	F	0.01%
ACHC	F	0.01%
NNI	D	0.01%
DBX	B	0.01%
LSCC	D	0.01%
TRMB	B	0.01%
ALNY	D	0.01%
EXAS	D	0.01%
OSCR	D	0.01%
PODD	C	0.01%
ALG	B	0.01%
LOVE	B	0.01%
CGNX	C	0.01%
MBUU	C	0.01%
OSW	A	0.01%
SLGN	A	0.01%
UPBD	B	0.01%
SNX	C	0.01%
AXL	C	0.01%
RVTY	F	0.01%
PFC	A	0.01%
ACM	A	0.01%
FOUR	B	0.01%
PCTY	B	0.01%
ACIW	B	0.01%
NGVC	A	0.01%
TDC	D	0.01%
CRL	C	0.01%
HWM	A	0.01%
CPF	A	0.01%
DGX	A	0.01%
UNF	B	0.01%
HBI	B	0.01%
CYTK	F	0.01%
BBWI	D	0.01%
AMN	F	0.01%
BOX	B	0.01%
IPGP	D	0.01%
NDAQ	A	0.01%
HTH	B	0.01%
EXPO	D	0.01%
SAIC	F	0.01%
JELD	F	0.01%
DOLE	D	0.01%
LKFN	B	0.01%
ARVN	D	0.01%
KBR	F	0.01%
YELP	C	0.01%
WNC	C	0.01%
BSY	D	0.01%
DFIN	D	0.01%
WSBC	A	0.01%
CHCO	B	0.01%
LEVI	F	0.01%
ZG	A	0.01%
BBSI	B	0.01%
PEBO	A	0.01%
BZH	B	0.01%
XRAY	F	0.01%
MSA	D	0.01%
ELAN	D	0.01%
SCL	C	0.01%
SWK	D	0.01%
FBNC	A	0.01%
RUSHB	B	0.01%
BHLB	B	0.01%
ODP	F	0.01%
BLMN	F	0.01%
MDB	C	0.01%
KAI	A	0.01%
MRC	B	0.01%
KW	B	0.01%
PLNT	A	0.01%
MRTN	C	0.01%
J	F	0.01%
LGND	B	0.01%
GLOB	B	0.01%
RNST	B	0.01%
SXI	B	0.01%
ETSY	D	0.01%
JBI	F	0.01%
BERY	B	0.01%
UTI	A	0.01%
CPRX	C	0.01%
BBW	B	0.01%
BDC	B	0.01%
CR	A	0.01%
SUPN	C	0.01%
CTS	C	0.01%
SONO	C	0.01%
ANSS	B	0.01%
WEN	D	0.01%
FIBK	A	0.01%
HELE	C	0.01%
MORN	B	0.01%
SITE	D	0.01%
KMPR	B	0.01%
EEFT	B	0.01%
HSII	B	0.01%
SBCF	A	0.01%
COLL	F	0.01%
AVTR	F	0.01%
DCOM	A	0.01%
SKWD	A	0.01%
EPAC	B	0.01%
FORM	D	0.01%
MTCH	D	0.01%
STBA	B	0.01%
BLD	D	0.01%
INVA	D	0.01%
MCY	A	0.01%
VBTX	B	0.01%
PSN	D	0.01%
HMN	B	0.01%
WABC	B	0.01%
NBN	B	0.01%
NWS	B	0.01%
SSNC	B	0.01%
CBRL	C	0.01%
DLB	B	0.01%
AWK	D	0.01%
NMRK	B	0.01%
EPAM	C	0.01%
OSIS	B	0.01%
SFNC	B	0.01%
EXTR	B	0.01%
CABO	C	0.01%
AZTA	D	0.01%
MKC	D	0.01%
BIO	D	0.01%
PNR	A	0.01%
FBK	B	0.01%
WING	D	0.01%
IBTX	B	0.01%
HOV	D	0.01%
LNN	B	0.01%
FCF	A	0.01%
IONS	F	0.01%
TWLO	A	0.01%
ZBRA	B	0.01%
HOPE	B	0.01%
CVLT	B	0.01%
CASH	A	0.01%
SPB	C	0.01%
DAN	D	0.01%
G	B	0.01%
NXST	C	0.01%
TECH	D	0.01%
BUSE	B	0.01%
EVTC	B	0.01%
VNT	B	0.01%
KLG	C	0.01%
APPS	F	0.0%
OLO	B	0.0%
UDMY	F	0.0%
ATUS	C	0.0%
NAPA	B	0.0%
ASLE	C	0.0%
SNBR	F	0.0%
TXG	F	0.0%
RLAY	F	0.0%
VERV	F	0.0%
PLCE	C	0.0%
VIAV	B	0.0%
TSE	F	0.0%
ADPT	C	0.0%
TLYS	F	0.0%
PETS	C	0.0%
RVLV	B	0.0%
ALTR	B	0.0%
EPM	A	0.0%
FTRE	D	0.0%
TYRA	F	0.0%
MYE	F	0.0%
MRVI	F	0.0%
SHYF	C	0.0%
NWL	B	0.0%
HFWA	B	0.0%
RCMT	C	0.0%
CATO	D	0.0%
CCSI	C	0.0%
CCRD	A	0.0%
FNKO	D	0.0%
XRX	F	0.0%
VVI	C	0.0%
EVC	C	0.0%
GH	B	0.0%
FOXF	F	0.0%
MRUS	F	0.0%
IBEX	B	0.0%
PLTK	B	0.0%
MQ	F	0.0%
HIMS	B	0.0%
PLRX	F	0.0%
FWRD	D	0.0%
DJCO	B	0.0%
INGN	C	0.0%
FRPH	A	0.0%
DOCS	C	0.0%
BCPC	B	0.0%
RARE	D	0.0%
HLVX	D	0.0%
ALCO	D	0.0%
FROG	C	0.0%
TTEC	F	0.0%
KODK	B	0.0%
CACI	D	0.0%
CCOI	B	0.0%
BPMC	C	0.0%
SMTC	B	0.0%
PRCT	B	0.0%
ACCD	D	0.0%
EPSN	B	0.0%
KAR	B	0.0%
MDGL	B	0.0%
LESL	C	0.0%
AGL	F	0.0%
PCVX	D	0.0%
BFC	B	0.0%
ENTA	F	0.0%
HLF	C	0.0%
EDIT	F	0.0%
NIC	B	0.0%
HUBS	A	0.0%
SEDG	F	0.0%
RGP	F	0.0%
CVGI	F	0.0%
PRO	C	0.0%
VSTS	C	0.0%
TDOC	C	0.0%
RCKT	F	0.0%
TENB	C	0.0%
UFCS	B	0.0%
EMBC	C	0.0%
RNG	B	0.0%
PBI	B	0.0%
HONE	B	0.0%
CEVA	B	0.0%
NTCT	C	0.0%
EYE	C	0.0%
LCID	F	0.0%
SEG	B	0.0%
CSTL	D	0.0%
U	C	0.0%
FMNB	B	0.0%
OPBK	B	0.0%
OBK	B	0.0%
MEI	D	0.0%
BFST	C	0.0%
ANIK	F	0.0%
FBMS	B	0.0%
RIVN	F	0.0%
HBNC	B	0.0%
TCBK	B	0.0%
ZI	D	0.0%
SABR	C	0.0%
MPAA	C	0.0%
MRBK	A	0.0%
NUS	D	0.0%
TRC	F	0.0%
MYPS	C	0.0%
AMAL	B	0.0%
VNDA	C	0.0%
ANAB	F	0.0%
RMR	F	0.0%
NOVA	F	0.0%
HGV	B	0.0%
ALT	C	0.0%
SIRI	C	0.0%
ARRY	C	0.0%
OSUR	F	0.0%
TTGT	C	0.0%
NRC	F	0.0%
THRY	F	0.0%
ACCO	C	0.0%
EBS	C	0.0%
RMAX	C	0.0%
HCAT	D	0.0%
FLGT	F	0.0%
KE	C	0.0%
GEF	A	0.0%
HMST	D	0.0%
TRIP	F	0.0%
USNA	C	0.0%
MODG	F	0.0%
OKTA	C	0.0%
PZZA	D	0.0%
MYGN	F	0.0%
SMAR	A	0.0%
HDSN	F	0.0%
TBI	F	0.0%
B	B	0.0%
TRS	B	0.0%
FLWS	F	0.0%
ZIP	F	0.0%
NEOG	F	0.0%
FLIC	B	0.0%
ASTH	D	0.0%
NTGR	B	0.0%
JAKK	C	0.0%
LBRDA	C	0.0%
IMMR	C	0.0%
HCSG	C	0.0%
PBPB	C	0.0%
VAC	B	0.0%
UHAL	D	0.0%
RPD	C	0.0%
AVNS	F	0.0%
NEO	C	0.0%
MOV	C	0.0%
GEOS	C	0.0%
RUN	F	0.0%
CCRN	F	0.0%
MERC	F	0.0%
SPNT	A	0.0%
RAMP	C	0.0%
TRDA	B	0.0%
LGIH	D	0.0%
DOCN	D	0.0%
CRSP	D	0.0%
ADTN	A	0.0%
BFAM	D	0.0%
CENT	C	0.0%
VPG	D	0.0%
RM	D	0.0%
ASTE	B	0.0%
BELFB	C	0.0%
DNB	B	0.0%
TBPH	C	0.0%
TITN	C	0.0%
GDOT	D	0.0%
HVT	D	0.0%
UFPT	B	0.0%
TWI	F	0.0%
GOGO	C	0.0%
LEG	F	0.0%
KELYA	F	0.0%
LPRO	C	0.0%
PRAA	C	0.0%
DLX	B	0.0%
ENR	B	0.0%
ODC	C	0.0%
CLBK	B	0.0%
FMAO	B	0.0%
JBSS	D	0.0%
WRLD	C	0.0%
ST	F	0.0%
PUBM	C	0.0%
HAYW	B	0.0%
ZIMV	D	0.0%
PLYA	B	0.0%
VSAT	F	0.0%
SB	F	0.0%
WOW	B	0.0%
SMP	B	0.0%
SNAP	C	0.0%
ALGM	D	0.0%
CLVT	F	0.0%
JACK	D	0.0%
HTLD	B	0.0%
EPC	D	0.0%
TFSL	A	0.0%
MCFT	B	0.0%
PCB	A	0.0%
MXL	C	0.0%
FC	F	0.0%
RDUS	C	0.0%
FFIC	B	0.0%
RGNX	F	0.0%

AVSU Underweight 41 Positions Relative to QLC

Symbol	Grade	Weight
BRK.A	B	-2.35%
GE	D	-0.96%
CAT	B	-0.95%
SO	D	-0.84%
ETR	B	-0.66%
SPG	B	-0.64%
PEG	A	-0.61%
LMT	D	-0.58%
PPL	B	-0.56%
AVB	B	-0.55%
MPC	D	-0.54%
PM	B	-0.54%
APP	B	-0.53%
ESS	B	-0.53%
VLO	C	-0.53%
ED	D	-0.51%
PSA	D	-0.48%
NRG	B	-0.47%
CHKP	D	-0.46%
WFC	A	-0.45%
HST	C	-0.44%
EQR	B	-0.44%
WY	D	-0.43%
RCL	A	-0.4%
MO	A	-0.29%
MMM	D	-0.25%
MCHP	D	-0.22%
OXY	D	-0.21%
HOOD	B	-0.21%
PSX	C	-0.19%
ICLR	D	-0.14%
THC	D	-0.14%
EME	C	-0.12%
LYB	F	-0.11%
CRBG	B	-0.09%
CE	F	-0.07%
EXPE	B	-0.05%
EVRG	A	-0.03%
MAA	B	-0.02%
TXT	D	-0.02%
LAMR	D	-0.02%