CVLC vs. FNDX ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

CVLC

Calvert US Large-Cap Core Responsible Index ETF

CVLC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$73.91

Average Daily Volume

15,947

Number of Holdings ^*

768

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$24.39

Average Daily Volume

1,155,219

Number of Holdings ^*

720

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	FNDX
30 Days	1.25%	0.41%
60 Days	4.22%	3.02%
90 Days	6.10%	5.52%
12 Months	32.21%	27.57%

522 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in FNDX	Overlap
	A	F	0.08%	0.06%	0.06%
	AAL	B	0.02%	0.01%	0.01%
	AAPL	C	6.44%	4.32%	4.32%
	ABBV	F	0.66%	0.58%	0.58%
	ABG	B	0.01%	0.03%	0.01%
	ABT	A	0.45%	0.34%	0.34%
	ACGL	D	0.09%	0.03%	0.03%
	ACI	C	0.02%	0.03%	0.02%
	ACM	B	0.03%	0.05%	0.03%
	ACN	C	0.47%	0.35%	0.35%
	ADBE	D	0.47%	0.18%	0.18%
	ADI	D	0.22%	0.14%	0.14%
	ADP	B	0.26%	0.15%	0.15%
	ADSK	B	0.14%	0.03%	0.03%
	AEE	A	0.06%	0.07%	0.06%
	AES	F	0.02%	0.05%	0.02%
	AFG	A	0.02%	0.04%	0.02%
	AFL	C	0.14%	0.2%	0.14%
	AGCO	F	0.02%	0.03%	0.02%
	AIG	C	0.12%	0.28%	0.12%
	AJG	B	0.14%	0.05%	0.05%
	AKAM	F	0.03%	0.04%	0.03%
	AL	B	0.01%	0.02%	0.01%
	ALGN	D	0.04%	0.02%	0.02%
	ALK	A	0.02%	0.02%	0.02%
	ALL	A	0.13%	0.26%	0.13%
	ALLE	D	0.03%	0.01%	0.01%
	ALLY	C	0.02%	0.1%	0.02%
	ALSN	B	0.03%	0.05%	0.03%
	ALV	C	0.02%	0.02%	0.02%
	AMAT	F	0.29%	0.25%	0.25%
	AMCR	D	0.04%	0.03%	0.03%
	AMD	F	0.46%	0.1%	0.1%
	AME	A	0.13%	0.05%	0.05%
	AMG	C	0.01%	0.04%	0.01%
	AMGN	D	0.34%	0.42%	0.34%
	AMP	A	0.14%	0.14%	0.14%
	AMT	D	0.22%	0.11%	0.11%
	AMZN	B	3.65%	1.54%	1.54%
	AN	D	0.01%	0.05%	0.01%
	ANET	C	0.2%	0.04%	0.04%
	ANSS	B	0.06%	0.02%	0.02%
	AON	B	0.2%	0.13%	0.13%
	AOS	F	0.02%	0.02%	0.02%
	APD	A	0.2%	0.12%	0.12%
	APH	B	0.24%	0.09%	0.09%
	APO	A	0.17%	0.03%	0.03%
	APTV	F	0.03%	0.02%	0.02%
	ARE	F	0.04%	0.03%	0.03%
	ARMK	C	0.03%	0.03%	0.03%
	ARW	F	0.01%	0.08%	0.01%
	ATR	B	0.03%	0.02%	0.02%
	AVB	B	0.08%	0.05%	0.05%
	AVGO	C	1.53%	0.66%	0.66%
	AVT	C	0.01%	0.08%	0.01%
	AVTR	F	0.03%	0.02%	0.02%
	AVY	D	0.04%	0.04%	0.04%
	AWK	C	0.06%	0.04%	0.04%
	AXP	B	0.4%	0.36%	0.36%
	AXTA	B	0.02%	0.02%	0.02%
	AYI	B	0.03%	0.04%	0.03%
	AZO	C	0.11%	0.06%	0.06%
	BAC	A	0.75%	1.26%	0.75%
	BAH	D	0.04%	0.04%	0.04%
	BALL	D	0.05%	0.06%	0.05%
	BAX	F	0.04%	0.07%	0.04%
	BBWI	C	0.01%	0.03%	0.01%
	BBY	D	0.04%	0.16%	0.04%
	BC	D	0.01%	0.03%	0.01%
	BCC	C	0.01%	0.04%	0.01%
	BDX	F	0.15%	0.11%	0.11%
	BECN	B	0.01%	0.02%	0.01%
	BEN	C	0.02%	0.04%	0.02%
	BERY	D	0.02%	0.04%	0.02%
	BG	D	0.04%	0.1%	0.04%
	BIIB	F	0.05%	0.09%	0.05%
	BJ	B	0.02%	0.02%	0.02%
	BK	B	0.14%	0.26%	0.14%
	BKNG	A	0.35%	0.24%	0.24%
	BKR	B	0.24%	0.16%	0.16%
	BLD	F	0.03%	0.01%	0.01%
	BMY	A	0.26%	0.42%	0.26%
	BPOP	C	0.02%	0.02%	0.02%
	BR	B	0.06%	0.03%	0.03%
	BRO	B	0.06%	0.02%	0.02%
	BRX	A	0.02%	0.02%	0.02%
	BSX	A	0.29%	0.09%	0.09%
	BURL	A	0.03%	0.03%	0.03%
	BWA	D	0.02%	0.05%	0.02%
	BX	A	0.32%	0.12%	0.12%
	BXP	D	0.03%	0.05%	0.03%
	C	B	0.33%	1.1%	0.33%
	CAG	F	0.04%	0.06%	0.04%
	CARR	D	0.18%	0.12%	0.12%
	CASY	A	0.04%	0.05%	0.04%
	CAT	C	0.5%	0.43%	0.43%
	CBOE	C	0.05%	0.01%	0.01%
	CBRE	B	0.1%	0.13%	0.1%
	CCI	C	0.11%	0.09%	0.09%
	CCK	D	0.03%	0.04%	0.03%
	CDNS	B	0.17%	0.03%	0.03%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.04%	0.02%
	CEG	C	0.17%	0.11%	0.11%
	CFG	B	0.05%	0.1%	0.05%
	CG	B	0.03%	0.03%	0.03%
	CHD	A	0.05%	0.04%	0.04%
	CHE	F	0.02%	0.01%	0.01%
	CHRW	B	0.03%	0.07%	0.03%
	CHTR	B	0.08%	0.35%	0.08%
	CI	D	0.2%	0.47%	0.2%
	CIEN	B	0.02%	0.03%	0.02%
	CINF	A	0.06%	0.07%	0.06%
	CL	D	0.15%	0.12%	0.12%
	CLX	A	0.04%	0.04%	0.04%
	CMA	B	0.02%	0.07%	0.02%
	CMC	B	0.04%	0.03%	0.03%
	CMCSA	B	0.35%	0.84%	0.35%
	CME	A	0.2%	0.08%	0.08%
	CMG	C	0.23%	0.04%	0.04%
	CMI	A	0.14%	0.18%	0.14%
	CMS	C	0.05%	0.06%	0.05%
	CNC	F	0.07%	0.2%	0.07%
	CNH	C	0.02%	0.02%	0.02%
	COF	B	0.17%	0.48%	0.17%
	COHR	B	0.04%	0.02%	0.02%
	COST	A	0.8%	0.65%	0.65%
	CPB	D	0.02%	0.03%	0.02%
	CPRT	B	0.11%	0.03%	0.03%
	CPT	C	0.03%	0.02%	0.02%
	CRL	D	0.02%	0.01%	0.01%
	CRM	B	0.64%	0.14%	0.14%
	CSCO	B	0.49%	0.82%	0.49%
	CSL	C	0.11%	0.05%	0.05%
	CTAS	B	0.15%	0.08%	0.08%
	CTLT	D	0.02%	0.02%	0.02%
	CTSH	C	0.08%	0.19%	0.08%
	CVS	F	0.15%	0.7%	0.15%
	CW	B	0.04%	0.03%	0.03%
	D	C	0.12%	0.17%	0.12%
	DAL	A	0.1%	0.03%	0.03%
	DAR	B	0.02%	0.02%	0.02%
	DBX	C	0.01%	0.01%	0.01%
	DCI	B	0.03%	0.02%	0.02%
	DE	C	0.28%	0.24%	0.24%
	DECK	A	0.05%	0.03%	0.03%
	DELL	B	0.08%	0.03%	0.03%
	DFS	B	0.11%	0.26%	0.11%
	DG	F	0.03%	0.08%	0.03%
	DGX	A	0.04%	0.07%	0.04%
	DHI	D	0.11%	0.16%	0.11%
	DHR	D	0.34%	0.15%	0.15%
	DIS	B	0.46%	0.41%	0.41%
	DKS	D	0.02%	0.04%	0.02%
	DLR	A	0.14%	0.08%	0.08%
	DLTR	F	0.03%	0.05%	0.03%
	DOC	D	0.04%	0.04%	0.04%
	DOV	B	0.08%	0.06%	0.06%
	DOX	D	0.02%	0.04%	0.02%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	C	0.06%	0.05%	0.05%
	DTE	C	0.06%	0.07%	0.06%
	DVA	C	0.02%	0.05%	0.02%
	EA	A	0.08%	0.09%	0.08%
	EBAY	D	0.06%	0.17%	0.06%
	ECL	D	0.17%	0.08%	0.08%
	ED	C	0.08%	0.12%	0.08%
	EFX	F	0.07%	0.03%	0.03%
	EG	D	0.04%	0.02%	0.02%
	EHC	B	0.02%	0.02%	0.02%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.21%	0.38%	0.21%
	EME	A	0.06%	0.06%	0.06%
	EMN	D	0.03%	0.08%	0.03%
	EMR	A	0.2%	0.17%	0.17%
	EPAM	C	0.03%	0.02%	0.02%
	EQH	B	0.04%	0.05%	0.04%
	EQIX	A	0.21%	0.08%	0.08%
	EQR	C	0.07%	0.05%	0.05%
	ES	C	0.05%	0.08%	0.05%
	ESS	A	0.05%	0.03%	0.03%
	ETN	B	0.4%	0.23%	0.23%
	EVR	B	0.03%	0.04%	0.03%
	EVRG	A	0.04%	0.07%	0.04%
	EW	C	0.09%	0.04%	0.04%
	EWBC	A	0.04%	0.03%	0.03%
	EXC	C	0.1%	0.17%	0.1%
	EXPD	D	0.04%	0.04%	0.04%
	EXR	C	0.08%	0.03%	0.03%
	F	C	0.1%	0.33%	0.1%
	FAF	C	0.01%	0.04%	0.01%
	FAST	B	0.09%	0.08%	0.08%
	FBIN	F	0.02%	0.04%	0.02%
	FCNCA	A	0.07%	0.02%	0.02%
	FDX	B	0.16%	0.3%	0.16%
	FFIV	B	0.03%	0.03%	0.03%
	FHN	A	0.03%	0.03%	0.03%
	FI	A	0.26%	0.13%	0.13%
	FIS	C	0.1%	0.11%	0.1%
	FITB	B	0.08%	0.12%	0.08%
	FLO	D	0.01%	0.02%	0.01%
	FMC	D	0.02%	0.03%	0.02%
	FSLR	F	0.04%	0.01%	0.01%
	FTNT	B	0.13%	0.03%	0.03%
	FTV	D	0.07%	0.03%	0.03%
	G	B	0.02%	0.03%	0.02%
	GAP	D	0.01%	0.04%	0.01%
	GE	D	0.5%	0.15%	0.15%
	GEHC	D	0.08%	0.1%	0.08%
	GEN	B	0.03%	0.04%	0.03%
	GEV	A	0.22%	0.05%	0.05%
	GGG	B	0.04%	0.02%	0.02%
	GILD	C	0.25%	0.39%	0.25%
	GIS	F	0.1%	0.11%	0.1%
	GL	C	0.02%	0.03%	0.02%
	GLW	B	0.08%	0.14%	0.08%
	GM	B	0.15%	0.76%	0.15%
	GOOGL	B	3.68%	1.36%	1.36%
	GPC	F	0.03%	0.05%	0.03%
	GPK	D	0.02%	0.03%	0.02%
	GS	B	0.46%	0.61%	0.46%
	GWW	B	0.1%	0.08%	0.08%
	GXO	B	0.02%	0.02%	0.02%
	HAS	D	0.02%	0.03%	0.02%
	HBAN	B	0.06%	0.07%	0.06%
	HD	A	0.81%	0.78%	0.78%
	HIG	B	0.09%	0.14%	0.09%
	HLT	A	0.13%	0.06%	0.06%
	HOG	F	0.01%	0.02%	0.01%
	HOLX	D	0.04%	0.04%	0.04%
	HPE	B	0.06%	0.21%	0.06%
	HPQ	B	0.07%	0.21%	0.07%
	HRB	D	0.02%	0.01%	0.01%
	HRL	D	0.02%	0.03%	0.02%
	HSIC	C	0.02%	0.04%	0.02%
	HST	D	0.03%	0.04%	0.03%
	HSY	F	0.07%	0.04%	0.04%
	HUBB	B	0.07%	0.04%	0.04%
	HUM	D	0.07%	0.19%	0.07%
	IBM	C	0.4%	0.55%	0.4%
	ICE	C	0.22%	0.11%	0.11%
	IDXX	F	0.08%	0.02%	0.02%
	IEX	B	0.05%	0.03%	0.03%
	IFF	D	0.06%	0.05%	0.05%
	ILMN	C	0.05%	0.03%	0.03%
	INGR	B	0.03%	0.05%	0.03%
	INTC	C	0.22%	0.93%	0.22%
	INTU	B	0.4%	0.11%	0.11%
	IPG	F	0.02%	0.04%	0.02%
	IQV	F	0.08%	0.07%	0.07%
	IR	B	0.12%	0.03%	0.03%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	A	0.42%	0.08%	0.08%
	IT	C	0.09%	0.03%	0.03%
	ITT	A	0.03%	0.03%	0.03%
	ITW	B	0.23%	0.15%	0.15%
	IVZ	C	0.02%	0.05%	0.02%
	JAZZ	C	0.02%	0.01%	0.01%
	JBHT	C	0.04%	0.05%	0.04%
	JBL	C	0.03%	0.07%	0.03%
	JCI	B	0.16%	0.16%	0.16%
	JEF	A	0.03%	0.05%	0.03%
	JHG	B	0.01%	0.03%	0.01%
	JKHY	D	0.03%	0.02%	0.02%
	JLL	D	0.03%	0.08%	0.03%
	JNPR	D	0.03%	0.05%	0.03%
	JPM	A	1.44%	1.98%	1.44%
	JXN	C	0.02%	0.05%	0.02%
	K	B	0.06%	0.06%	0.06%
	KBH	D	0.01%	0.03%	0.01%
	KD	A	0.01%	0.05%	0.01%
	KDP	D	0.09%	0.07%	0.07%
	KEY	B	0.04%	0.1%	0.04%
	KEYS	C	0.07%	0.04%	0.04%
	KHC	F	0.08%	0.1%	0.08%
	KIM	A	0.04%	0.03%	0.03%
	KKR	A	0.25%	0.12%	0.12%
	KLAC	F	0.18%	0.08%	0.08%
	KMB	C	0.09%	0.1%	0.09%
	KMX	C	0.02%	0.06%	0.02%
	KNX	B	0.02%	0.04%	0.02%
	KO	D	0.56%	0.36%	0.36%
	KR	B	0.12%	0.3%	0.12%
	KVUE	A	0.09%	0.05%	0.05%
	LAD	B	0.02%	0.07%	0.02%
	LAMR	D	0.03%	0.02%	0.02%
	LEA	F	0.01%	0.05%	0.01%
	LECO	C	0.03%	0.02%	0.02%
	LEN	D	0.1%	0.16%	0.1%
	LH	B	0.04%	0.09%	0.04%
	LII	A	0.05%	0.03%	0.03%
	LIN	D	0.52%	0.34%	0.34%
	LKQ	F	0.02%	0.05%	0.02%
	LLY	F	1.28%	0.2%	0.2%
	LNC	B	0.01%	0.05%	0.01%
	LNT	A	0.04%	0.04%	0.04%
	LOW	C	0.31%	0.42%	0.31%
	LPLA	A	0.06%	0.04%	0.04%
	LPX	B	0.02%	0.03%	0.02%
	LRCX	F	0.19%	0.16%	0.16%
	LSTR	D	0.02%	0.03%	0.02%
	LULU	C	0.07%	0.01%	0.01%
	LW	C	0.03%	0.02%	0.02%
	M	D	0.01%	0.06%	0.01%
	MA	B	0.91%	0.28%	0.28%
	MAA	A	0.04%	0.03%	0.03%
	MAR	B	0.15%	0.09%	0.09%
	MAS	D	0.03%	0.05%	0.03%
	MCHP	F	0.07%	0.05%	0.05%
	MCO	D	0.17%	0.07%	0.07%
	MDLZ	F	0.24%	0.2%	0.2%
	MDT	D	0.25%	0.17%	0.17%
	MET	A	0.12%	0.25%	0.12%
	MHK	D	0.01%	0.06%	0.01%
	MIDD	D	0.02%	0.02%	0.02%
	MKC	D	0.06%	0.03%	0.03%
	MKSI	C	0.02%	0.02%	0.02%
	MLI	B	0.03%	0.04%	0.03%
	MMC	D	0.27%	0.14%	0.14%
	MMS	D	0.01%	0.01%	0.01%
	MNST	C	0.11%	0.05%	0.05%
	MOH	F	0.04%	0.05%	0.04%
	MOS	D	0.02%	0.07%	0.02%
	MRK	F	0.55%	0.44%	0.44%
	MRNA	F	0.03%	0.03%	0.03%
	MRVL	B	0.16%	0.05%	0.05%
	MSCI	B	0.1%	0.03%	0.03%
	MSFT	D	5.74%	2.41%	2.41%
	MSI	B	0.17%	0.06%	0.06%
	MSM	D	0.01%	0.01%	0.01%
	MTB	A	0.09%	0.1%	0.09%
	MTD	F	0.06%	0.03%	0.03%
	MTG	D	0.02%	0.02%	0.02%
	MTH	D	0.02%	0.03%	0.02%
	MTN	C	0.01%	0.01%	0.01%
	MTZ	A	0.02%	0.03%	0.02%
	MU	D	0.23%	0.43%	0.23%
	NDAQ	A	0.08%	0.03%	0.03%
	NDSN	D	0.04%	0.02%	0.02%
	NEE	C	0.38%	0.24%	0.24%
	NFG	A	0.01%	0.02%	0.01%
	NFLX	A	0.75%	0.16%	0.16%
	NI	A	0.04%	0.04%	0.04%
	NKE	F	0.18%	0.19%	0.18%
	NOW	B	0.44%	0.01%	0.01%
	NRG	B	0.05%	0.11%	0.05%
	NSIT	F	0.01%	0.02%	0.01%
	NTAP	C	0.05%	0.07%	0.05%
	NTRS	A	0.05%	0.08%	0.05%
	NUE	D	0.19%	0.21%	0.19%
	NVDA	A	6.33%	0.41%	0.41%
	NVR	D	0.07%	0.08%	0.07%
	NVT	C	0.03%	0.02%	0.02%
	NXST	C	0.01%	0.04%	0.01%
	O	C	0.12%	0.04%	0.04%
	OC	A	0.09%	0.06%	0.06%
	ODFL	B	0.1%	0.06%	0.06%
	OGN	F	0.01%	0.05%	0.01%
	OMC	C	0.04%	0.08%	0.04%
	OMF	A	0.02%	0.06%	0.02%
	ON	F	0.06%	0.04%	0.04%
	ORCL	A	0.63%	0.5%	0.5%
	ORI	A	0.02%	0.05%	0.02%
	ORLY	B	0.14%	0.1%	0.1%
	OSK	C	0.02%	0.04%	0.02%
	OTIS	C	0.11%	0.05%	0.05%
	OXY	F	0.18%	0.11%	0.11%
	PAG	B	0.01%	0.02%	0.01%
	PANW	B	0.26%	0.03%	0.03%
	PARA	D	0.01%	0.11%	0.01%
	PAYX	B	0.1%	0.06%	0.06%
	PCAR	C	0.16%	0.15%	0.15%
	PEG	C	0.11%	0.1%	0.1%
	PEP	F	0.53%	0.41%	0.41%
	PFE	F	0.32%	0.71%	0.32%
	PFG	C	0.05%	0.09%	0.05%
	PFGC	B	0.04%	0.06%	0.04%
	PG	C	0.8%	0.75%	0.75%
	PGR	B	0.37%	0.23%	0.23%
	PH	B	0.25%	0.12%	0.12%
	PHM	D	0.06%	0.11%	0.06%
	PKG	B	0.06%	0.07%	0.06%
	PLD	D	0.26%	0.07%	0.07%
	PNC	B	0.2%	0.3%	0.2%
	PNR	B	0.05%	0.04%	0.04%
	POOL	D	0.03%	0.02%	0.02%
	POR	C	0.01%	0.02%	0.01%
	PPG	F	0.08%	0.08%	0.08%
	PRI	A	0.02%	0.02%	0.02%
	PRU	B	0.11%	0.22%	0.11%
	PSA	C	0.13%	0.05%	0.05%
	PVH	C	0.01%	0.04%	0.01%
	PWR	A	0.12%	0.07%	0.07%
	PYPL	B	0.19%	0.21%	0.19%
	QCOM	F	0.38%	0.45%	0.38%
	QRVO	F	0.01%	0.03%	0.01%
	R	B	0.02%	0.07%	0.02%
	REG	A	0.03%	0.02%	0.02%
	REGN	F	0.18%	0.1%	0.1%
	RF	A	0.06%	0.08%	0.06%
	RGA	B	0.04%	0.04%	0.04%
	RHI	C	0.02%	0.04%	0.02%
	RJF	A	0.07%	0.05%	0.05%
	RL	C	0.02%	0.03%	0.02%
	RMD	C	0.08%	0.04%	0.04%
	ROK	B	0.09%	0.06%	0.06%
	ROP	C	0.12%	0.05%	0.05%
	ROST	D	0.09%	0.07%	0.07%
	RRX	B	0.03%	0.03%	0.03%
	RS	B	0.09%	0.09%	0.09%
	RSG	A	0.1%	0.06%	0.06%
	RVTY	D	0.03%	0.03%	0.03%
	SAIC	F	0.01%	0.03%	0.01%
	SBAC	D	0.06%	0.02%	0.02%
	SBUX	A	0.31%	0.27%	0.27%
	SCHW	A	0.3%	0.11%	0.11%
	SCI	A	0.03%	0.03%	0.03%
	SEE	D	0.01%	0.03%	0.01%
	SEIC	B	0.02%	0.03%	0.02%
	SFM	A	0.04%	0.05%	0.04%
	SHW	C	0.25%	0.08%	0.08%
	SJM	D	0.03%	0.06%	0.03%
	SKX	F	0.02%	0.02%	0.02%
	SLM	B	0.01%	0.04%	0.01%
	SNA	B	0.05%	0.05%	0.05%
	SNPS	C	0.17%	0.03%	0.03%
	SNV	B	0.02%	0.03%	0.02%
	SNX	D	0.02%	0.03%	0.02%
	SON	F	0.01%	0.03%	0.01%
	SPG	A	0.14%	0.1%	0.1%
	SPGI	D	0.35%	0.14%	0.14%
	SQ	A	0.1%	0.02%	0.02%
	SRE	A	0.14%	0.13%	0.13%
	SSNC	C	0.03%	0.04%	0.03%
	ST	F	0.01%	0.02%	0.01%
	STE	D	0.05%	0.03%	0.03%
	STLD	B	0.11%	0.12%	0.11%
	STT	B	0.07%	0.1%	0.07%
	STWD	C	0.01%	0.02%	0.01%
	STX	D	0.04%	0.09%	0.04%
	SUI	C	0.04%	0.02%	0.02%
	SW	A	0.07%	0.09%	0.07%
	SWK	F	0.04%	0.07%	0.04%
	SWKS	F	0.03%	0.04%	0.03%
	SYF	B	0.06%	0.33%	0.06%
	SYK	A	0.31%	0.12%	0.12%
	SYY	D	0.1%	0.1%	0.1%
	T	A	0.34%	1.25%	0.34%
	TDY	B	0.06%	0.03%	0.03%
	TER	F	0.03%	0.04%	0.03%
	TFC	A	0.15%	0.23%	0.15%
	TFX	F	0.02%	0.02%	0.02%
	TGT	B	0.14%	0.37%	0.14%
	THG	A	0.01%	0.02%	0.01%
	THO	C	0.01%	0.04%	0.01%
	TJX	A	0.27%	0.22%	0.22%
	TKR	F	0.01%	0.02%	0.01%
	TMHC	B	0.02%	0.04%	0.02%
	TMO	F	0.44%	0.26%	0.26%
	TMUS	B	0.25%	0.25%	0.25%
	TOL	B	0.04%	0.06%	0.04%
	TPR	B	0.03%	0.05%	0.03%
	TPX	B	0.02%	0.02%	0.02%
	TRMB	B	0.05%	0.03%	0.03%
	TROW	B	0.06%	0.13%	0.06%
	TRU	D	0.04%	0.03%	0.03%
	TRV	A	0.15%	0.3%	0.15%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	A	1.86%	0.26%	0.26%
	TT	A	0.26%	0.06%	0.06%
	TTC	F	0.02%	0.02%	0.02%
	TTWO	A	0.06%	0.03%	0.03%
	TXN	C	0.39%	0.36%	0.36%
	UBER	F	0.31%	0.04%	0.04%
	UDR	C	0.04%	0.02%	0.02%
	UFPI	C	0.02%	0.04%	0.02%
	UGI	C	0.01%	0.05%	0.01%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.15%	1.24%	1.15%
	UNM	A	0.03%	0.06%	0.03%
	UNP	D	0.34%	0.36%	0.34%
	UPS	C	0.23%	0.29%	0.23%
	URI	B	0.15%	0.13%	0.13%
	USB	B	0.19%	0.31%	0.19%
	USFD	A	0.04%	0.08%	0.04%
	V	A	1.09%	0.36%	0.36%
	VFC	C	0.01%	0.07%	0.01%
	VMC	B	0.2%	0.05%	0.05%
	VNO	C	0.02%	0.05%	0.02%
	VOYA	B	0.02%	0.03%	0.02%
	VRSK	B	0.09%	0.04%	0.04%
	VRSN	F	0.03%	0.01%	0.01%
	VRTX	D	0.27%	0.08%	0.08%
	VTR	B	0.06%	0.08%	0.06%
	VZ	C	0.37%	1.12%	0.37%
	WAB	B	0.1%	0.06%	0.06%
	WAT	C	0.05%	0.04%	0.04%
	WBD	B	0.05%	0.08%	0.05%
	WCC	B	0.02%	0.04%	0.02%
	WDC	F	0.05%	0.13%	0.05%
	WEC	A	0.08%	0.08%	0.08%
	WELL	A	0.2%	0.1%	0.1%
	WFC	A	0.63%	1.29%	0.63%
	WHR	B	0.01%	0.07%	0.01%
	WM	B	0.21%	0.15%	0.15%
	WMT	A	0.73%	1.45%	0.73%
	WPC	C	0.03%	0.02%	0.02%
	WRB	B	0.05%	0.03%	0.03%
	WSM	D	0.03%	0.04%	0.03%
	WSO	A	0.05%	0.03%	0.03%
	WST	D	0.05%	0.02%	0.02%
	WTRG	B	0.03%	0.01%	0.01%
	WTW	B	0.08%	0.07%	0.07%
	WY	D	0.04%	0.09%	0.04%
	XEL	A	0.09%	0.12%	0.09%
	XRAY	D	0.01%	0.01%	0.01%
	XYL	D	0.08%	0.03%	0.03%
	YUM	D	0.11%	0.08%	0.08%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.04%	0.04%	0.04%
	ZION	B	0.02%	0.06%	0.02%
	ZTS	D	0.18%	0.07%	0.07%

CVLC Overweight 246 Positions Relative to FNDX

	Symbol	Grade	Weight
	BLK	B	0.38%
	CRWD	B	0.16%
	COIN	A	0.15%
	WDAY	C	0.12%
	APP	A	0.12%
	ABNB	D	0.12%
	FICO	B	0.12%
	AXON	A	0.12%
	VRT	A	0.12%
	TTD	B	0.11%
	ARES	A	0.08%
	HEI	A	0.08%
	DDOG	A	0.08%
	TEAM	A	0.08%
	SNOW	C	0.08%
	VEEV	C	0.07%
	ALNY	D	0.07%
	DXCM	C	0.07%
	HUBS	B	0.07%
	NET	B	0.06%
	MPWR	F	0.06%
	CSGP	F	0.06%
	ZM	B	0.05%
	IBKR	A	0.05%
	PTC	B	0.05%
	VLTO	C	0.05%
	CVNA	A	0.05%
	TYL	B	0.05%
	RBLX	B	0.05%
	MANH	D	0.04%
	PINS	F	0.04%
	TWLO	A	0.04%
	UTHR	C	0.04%
	SOFI	A	0.04%
	TW	A	0.04%
	TXRH	B	0.04%
	ATI	C	0.04%
	FIX	A	0.04%
	XPO	B	0.04%
	ZS	B	0.04%
	PODD	B	0.04%
	FDS	B	0.04%
	MDB	C	0.04%
	LYV	A	0.04%
	OHI	B	0.03%
	WBS	A	0.03%
	KNSL	B	0.03%
	WMS	F	0.03%
	NBIX	C	0.03%
	WING	D	0.03%
	CUBE	C	0.03%
	WWD	B	0.03%
	BMRN	F	0.03%
	TTEK	F	0.03%
	SF	B	0.03%
	AIT	B	0.03%
	DT	C	0.03%
	AFRM	A	0.03%
	CLH	C	0.03%
	OWL	A	0.03%
	ELS	B	0.03%
	ENTG	F	0.03%
	Z	A	0.03%
	PSTG	F	0.03%
	SUM	B	0.03%
	ROL	B	0.03%
	RNR	C	0.03%
	INCY	C	0.03%
	SAIA	C	0.03%
	GWRE	A	0.03%
	NTNX	B	0.03%
	TOST	A	0.03%
	DOCU	B	0.03%
	FSS	B	0.02%
	MOD	A	0.02%
	COLD	F	0.02%
	SMAR	A	0.02%
	IDA	A	0.02%
	OLED	F	0.02%
	CVLT	B	0.02%
	ENPH	F	0.02%
	FCN	F	0.02%
	HLNE	A	0.02%
	ELAN	D	0.02%
	WSC	F	0.02%
	WEX	F	0.02%
	ESTC	C	0.02%
	RHP	B	0.02%
	WTS	B	0.02%
	STAG	D	0.02%
	BCPC	B	0.02%
	ONTO	F	0.02%
	GKOS	A	0.02%
	CBT	C	0.02%
	LFUS	D	0.02%
	WH	B	0.02%
	AXS	A	0.02%
	ONB	B	0.02%
	NOVT	D	0.02%
	FR	C	0.02%
	MOG.A	B	0.02%
	CADE	B	0.02%
	RYAN	B	0.02%
	RIVN	F	0.02%
	ESI	B	0.02%
	BMI	C	0.02%
	MEDP	D	0.02%
	ENSG	D	0.02%
	MSA	D	0.02%
	PLNT	A	0.02%
	HQY	A	0.02%
	PCTY	B	0.02%
	BILL	B	0.02%
	ROKU	D	0.02%
	BRBR	A	0.02%
	AGNC	C	0.02%
	COKE	C	0.02%
	NYT	D	0.02%
	VMI	B	0.02%
	PB	A	0.02%
	NNN	C	0.02%
	CGNX	D	0.02%
	ESAB	C	0.02%
	SMCI	F	0.02%
	CNM	C	0.02%
	GTLS	A	0.02%
	FRPT	A	0.02%
	SSB	B	0.02%
	PEN	B	0.02%
	EXAS	D	0.02%
	MORN	B	0.02%
	GMED	A	0.02%
	CFR	B	0.02%
	SRPT	F	0.02%
	APG	C	0.02%
	SSD	D	0.02%
	WTFC	B	0.02%
	MKTX	D	0.02%
	EXEL	B	0.02%
	FND	F	0.02%
	FLS	A	0.02%
	RPRX	F	0.02%
	CBSH	A	0.02%
	REXR	F	0.02%
	FRT	B	0.02%
	SNAP	D	0.02%
	PNFP	B	0.02%
	PAYC	B	0.02%
	TECH	F	0.02%
	DAY	B	0.02%
	LBRDK	C	0.02%
	HLI	B	0.02%
	WAL	B	0.02%
	DUOL	A	0.02%
	OKTA	D	0.02%
	COTY	F	0.01%
	ALGM	F	0.01%
	COLM	B	0.01%
	APLS	F	0.01%
	CWEN	C	0.01%
	AGR	A	0.01%
	ZI	D	0.01%
	TNET	F	0.01%
	PFSI	C	0.01%
	CACC	F	0.01%
	BOKF	B	0.01%
	BBIO	F	0.01%
	CDP	C	0.01%
	CHWY	B	0.01%
	OPCH	F	0.01%
	SIG	C	0.01%
	CHH	A	0.01%
	BCO	F	0.01%
	ATKR	D	0.01%
	CWAN	B	0.01%
	DLB	F	0.01%
	EEFT	C	0.01%
	FIVE	F	0.01%
	RH	D	0.01%
	PSN	C	0.01%
	WMG	C	0.01%
	LANC	D	0.01%
	TENB	D	0.01%
	IONS	F	0.01%
	ASH	F	0.01%
	APPF	C	0.01%
	HCP	B	0.01%
	EXPO	D	0.01%
	CROX	F	0.01%
	QLYS	C	0.01%
	ZWS	B	0.01%
	OLLI	D	0.01%
	ETSY	D	0.01%
	SWX	A	0.01%
	CRUS	F	0.01%
	INSP	F	0.01%
	IBP	F	0.01%
	RMBS	C	0.01%
	FELE	B	0.01%
	VRNS	D	0.01%
	BRKR	F	0.01%
	WTM	A	0.01%
	CELH	F	0.01%
	VNT	C	0.01%
	BPMC	C	0.01%
	SITE	D	0.01%
	SLGN	A	0.01%
	MAT	D	0.01%
	DOCS	C	0.01%
	ALTR	B	0.01%
	RDN	D	0.01%
	DY	C	0.01%
	HALO	F	0.01%
	OZK	B	0.01%
	AZEK	B	0.01%
	MMSI	A	0.01%
	FOUR	A	0.01%
	ELF	C	0.01%
	AWI	B	0.01%
	LYFT	C	0.01%
	BFAM	F	0.01%
	TPG	A	0.01%
	CFLT	B	0.01%
	HXL	F	0.01%
	SPSC	F	0.01%
	BIO	C	0.01%
	EPRT	A	0.01%
	TRNO	D	0.01%
	HOMB	A	0.01%
	ESNT	D	0.01%
	KRG	A	0.01%
	LSCC	D	0.01%
	GME	C	0.01%
	ITRI	B	0.01%
	ANF	C	0.01%
	RGEN	F	0.01%
	FNB	B	0.01%
	EXLS	B	0.01%
	CWST	A	0.01%
	TREX	D	0.01%
	COOP	B	0.01%
	H	B	0.01%
	S	B	0.01%
	SIGI	B	0.01%
	GATX	B	0.01%
	LEVI	F	0.0%

CVLC Underweight 198 Positions Relative to FNDX

	Symbol	Grade	Weight
	BRK.A	B	-2.13%
	XOM	B	-1.99%
	META	C	-1.82%
	CVX	A	-1.21%
	GOOG	B	-1.17%
	JNJ	D	-0.92%
	LUMN	C	-0.68%
	COP	B	-0.48%
	PM	A	-0.46%
	MS	A	-0.45%
	MPC	D	-0.39%
	LMT	D	-0.37%
	VLO	C	-0.37%
	MO	A	-0.36%
	PSX	C	-0.35%
	HON	B	-0.35%
	MMM	D	-0.35%
	RTX	D	-0.34%
	MCD	D	-0.33%
	DUK	C	-0.3%
	SO	C	-0.26%
	CB	C	-0.25%
	GD	D	-0.22%
	EOG	A	-0.22%
	KMI	A	-0.22%
	HCA	F	-0.21%
	NSC	B	-0.21%
	CSX	C	-0.21%
	DOW	F	-0.2%
	NOC	D	-0.2%
	ADM	D	-0.2%
	WBA	F	-0.18%
	DD	D	-0.18%
	TSN	B	-0.18%
	WMB	A	-0.17%
	IP	A	-0.17%
	AEP	C	-0.16%
	LHX	B	-0.16%
	VST	A	-0.15%
	FCX	F	-0.15%
	LYB	F	-0.14%
	NEM	D	-0.14%
	OKE	A	-0.13%
	ETR	A	-0.12%
	SLB	C	-0.12%
	BA	D	-0.12%
	PPL	A	-0.11%
	MCK	A	-0.11%
	VTRS	A	-0.1%
	LDOS	C	-0.09%
	DVN	F	-0.09%
	FE	C	-0.09%
	CTVA	C	-0.09%
	FOXA	B	-0.09%
	EIX	C	-0.09%
	UHS	D	-0.08%
	GPN	C	-0.08%
	WKC	D	-0.08%
	X	C	-0.08%
	MRO	A	-0.08%
	HWM	A	-0.07%
	FLEX	B	-0.07%
	CF	A	-0.07%
	TDG	D	-0.07%
	TRGP	A	-0.07%
	STZ	D	-0.07%
	CAH	B	-0.07%
	THC	C	-0.07%
	MGM	D	-0.06%
	BLDR	D	-0.06%
	BFH	B	-0.06%
	LNG	A	-0.06%
	TXT	D	-0.06%
	CCL	A	-0.06%
	CNP	A	-0.06%
	FNF	A	-0.06%
	HAL	C	-0.06%
	KSS	F	-0.06%
	AA	A	-0.06%
	MAN	F	-0.05%
	MKL	A	-0.05%
	MLM	B	-0.05%
	L	A	-0.05%
	TAP	B	-0.05%
	NXPI	F	-0.05%
	GPI	B	-0.05%
	DINO	D	-0.05%
	OVV	C	-0.05%
	FANG	D	-0.05%
	DXC	D	-0.05%
	CPAY	A	-0.05%
	TDS	B	-0.05%
	J	D	-0.05%
	HES	B	-0.05%
	CACI	C	-0.04%
	HUN	F	-0.04%
	HBI	B	-0.04%
	CLF	F	-0.04%
	SANM	B	-0.04%
	ZIM	A	-0.04%
	RPM	B	-0.04%
	CNO	B	-0.04%
	FYBR	C	-0.04%
	ATO	A	-0.04%
	LVS	B	-0.04%
	MUSA	B	-0.04%
	CRBG	B	-0.04%
	PNW	B	-0.04%
	GT	C	-0.04%
	EQT	A	-0.04%
	NWSA	B	-0.04%
	COR	B	-0.03%
	INVH	D	-0.03%
	AAP	D	-0.03%
	EXP	B	-0.03%
	TGNA	B	-0.03%
	GDDY	A	-0.03%
	CAR	C	-0.03%
	GNTX	F	-0.03%
	PCG	A	-0.03%
	TPH	D	-0.03%
	SOLV	F	-0.03%
	ALB	B	-0.03%
	AIZ	A	-0.03%
	BTU	C	-0.03%
	APA	F	-0.03%
	OGE	A	-0.03%
	GNW	A	-0.03%
	CTRA	B	-0.03%
	HII	F	-0.03%
	FL	F	-0.03%
	FLR	B	-0.03%
	WU	F	-0.03%
	GRMN	B	-0.03%
	PBF	D	-0.03%
	OLN	F	-0.03%
	EXPE	B	-0.03%
	NWL	B	-0.03%
	ADNT	F	-0.02%
	CPRI	F	-0.02%
	WLK	F	-0.02%
	MATX	B	-0.02%
	ODP	F	-0.02%
	CHKP	D	-0.02%
	LEG	F	-0.02%
	MPW	F	-0.02%
	ARCH	B	-0.02%
	AER	B	-0.02%
	OI	D	-0.02%
	VAC	C	-0.02%
	WERN	B	-0.02%
	GLPI	C	-0.02%
	POST	C	-0.02%
	SM	C	-0.02%
	CCEP	D	-0.02%
	XRX	F	-0.02%
	NAVI	F	-0.02%
	UHAL	D	-0.02%
	HUBG	A	-0.02%
	ASO	F	-0.02%
	MUR	F	-0.02%
	PENN	C	-0.02%
	REZI	A	-0.02%
	CZR	F	-0.02%
	KBR	F	-0.02%
	ASGN	F	-0.02%
	PII	F	-0.02%
	NOV	D	-0.02%
	SLG	B	-0.02%
	PK	D	-0.02%
	VICI	C	-0.02%
	CC	D	-0.02%
	LUV	B	-0.02%
	BAP	A	-0.02%
	ABM	B	-0.02%
	AR	B	-0.02%
	GNRC	B	-0.02%
	RUSHA	B	-0.02%
	VSH	F	-0.01%
	ANDE	F	-0.01%
	CNXC	F	-0.01%
	ICLR	F	-0.01%
	LILAK	F	-0.01%
	AEO	F	-0.01%
	SPTN	F	-0.01%
	CYH	F	-0.01%
	HTZ	C	-0.01%
	TNL	B	-0.01%
	PRGO	C	-0.01%
	DK	D	-0.01%
	FTI	A	-0.01%
	JWN	C	-0.01%
	QRTEA	F	-0.01%
	UNFI	B	-0.01%
	CRI	F	-0.01%
	CNX	A	-0.01%
	DAN	F	-0.01%
	MDU	D	-0.01%

CVLC: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Business Services Asset Management Biotechnology Software - Infrastructure Diagnostics & Research Specialty Retail Semiconductors Capital Markets Packaged Foods Utilities - Regulated Electric Scientific & Technical Instruments Credit Services Insurance - Property & Casualty Medical Devices Medical Instruments & Supplies Packaging & Containers Building Materials

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

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Oil & Gas E&P Specialty Retail Banks - Regional - US Software - Application Information Technology Services Semiconductors Diagnostics & Research Specialty Chemicals Credit Services Packaged Foods Packaging & Containers Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

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