CVLC vs. FXR ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to First Trust Industrials AlphaDEX (FXR)

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

$75.02

Average Daily Volume

17,582

Number of Holdings ^*

768

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.15

Average Daily Volume

33,507

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	FXR
30 Days	4.12%	7.85%
60 Days	5.53%	9.12%
90 Days	7.26%	12.26%
12 Months	33.80%	40.52%

108 Overlapping Holdings

Symbol	Grade	Weight in CVLC	Weight in FXR	Overlap
ADP	B	0.26%	0.25%	0.25%
AGCO	D	0.02%	0.85%	0.02%
AL	B	0.01%	1.27%	0.01%
ALLE	D	0.03%	0.22%	0.03%
ALSN	B	0.03%	1.1%	0.03%
AMCR	D	0.04%	0.41%	0.04%
AME	A	0.13%	0.25%	0.13%
AOS	F	0.02%	0.37%	0.02%
ATI	D	0.04%	0.38%	0.04%
ATR	B	0.03%	0.49%	0.03%
AWI	A	0.01%	0.82%	0.01%
AXON	A	0.12%	1.77%	0.12%
AXP	A	0.4%	1.24%	0.4%
AXTA	A	0.02%	0.25%	0.02%
AYI	B	0.03%	0.84%	0.03%
AZEK	A	0.01%	0.45%	0.01%
BAH	F	0.04%	0.86%	0.04%
BALL	D	0.05%	0.21%	0.05%
BC	C	0.01%	0.87%	0.01%
BERY	B	0.02%	0.88%	0.02%
BLD	D	0.03%	0.63%	0.03%
CARR	D	0.18%	0.42%	0.18%
CAT	B	0.5%	0.69%	0.5%
CMI	A	0.14%	0.51%	0.14%
CNH	C	0.02%	1.12%	0.02%
CNM	D	0.02%	0.43%	0.02%
COF	B	0.17%	0.86%	0.17%
CSL	C	0.11%	0.9%	0.11%
CTAS	B	0.15%	0.95%	0.15%
CW	B	0.04%	0.25%	0.04%
DCI	B	0.03%	0.73%	0.03%
DE	A	0.28%	0.66%	0.28%
DOV	A	0.08%	0.74%	0.08%
EEFT	B	0.01%	0.72%	0.01%
EFX	F	0.07%	0.63%	0.07%
EME	C	0.06%	1.35%	0.06%
EMR	A	0.2%	0.27%	0.2%
ESAB	B	0.02%	0.54%	0.02%
EXPD	D	0.04%	0.21%	0.04%
FBIN	D	0.02%	0.19%	0.02%
FCN	D	0.02%	0.39%	0.02%
FDX	B	0.16%	0.96%	0.16%
FI	A	0.26%	1.06%	0.26%
FICO	B	0.12%	1.4%	0.12%
FIX	A	0.04%	1.32%	0.04%
FLS	B	0.02%	0.26%	0.02%
FOUR	B	0.01%	1.3%	0.01%
FTV	C	0.07%	0.43%	0.07%
G	B	0.02%	1.35%	0.02%
GE	D	0.5%	0.85%	0.5%
GGG	B	0.04%	0.23%	0.04%
GPK	C	0.02%	0.87%	0.02%
GWW	B	0.1%	0.51%	0.1%
GXO	B	0.02%	0.52%	0.02%
HEI	B	0.08%	1.24%	0.08%
IEX	B	0.05%	0.48%	0.05%
ITT	A	0.03%	0.23%	0.03%
JBHT	C	0.04%	0.75%	0.04%
JKHY	D	0.03%	0.22%	0.03%
KEYS	A	0.07%	0.22%	0.07%
KNX	B	0.02%	0.73%	0.02%
LECO	B	0.03%	0.49%	0.03%
LFUS	F	0.02%	0.21%	0.02%
LII	A	0.05%	0.72%	0.05%
LPX	B	0.02%	1.22%	0.02%
LSTR	D	0.02%	0.22%	0.02%
MAS	D	0.03%	0.21%	0.03%
MIDD	C	0.02%	0.68%	0.02%
MSA	D	0.02%	0.22%	0.02%
MSM	C	0.01%	0.9%	0.01%
NDSN	B	0.04%	0.22%	0.04%
NVT	B	0.03%	0.74%	0.03%
OC	A	0.09%	1.29%	0.09%
OSK	B	0.02%	1.3%	0.02%
PCAR	B	0.16%	1.36%	0.16%
PH	A	0.25%	0.25%	0.25%
PKG	A	0.06%	0.77%	0.06%
PNR	A	0.05%	0.49%	0.05%
PPG	F	0.08%	0.42%	0.08%
PWR	A	0.12%	1.27%	0.12%
PYPL	B	0.19%	0.5%	0.19%
R	B	0.02%	1.03%	0.02%
RHI	B	0.02%	0.5%	0.02%
SAIA	B	0.03%	0.56%	0.03%
SEE	C	0.01%	0.44%	0.01%
SHW	A	0.25%	0.71%	0.25%
SLGN	A	0.01%	0.72%	0.01%
SNA	A	0.05%	1.44%	0.05%
SON	D	0.01%	1.08%	0.01%
SQ	B	0.1%	0.56%	0.1%
SSD	D	0.02%	0.67%	0.02%
SYF	B	0.06%	1.52%	0.06%
TDY	B	0.06%	0.76%	0.06%
TRU	D	0.04%	0.86%	0.04%
TT	A	0.26%	1.23%	0.26%
TTC	D	0.02%	0.43%	0.02%
TTEK	F	0.03%	1.02%	0.03%
UNP	C	0.34%	0.22%	0.22%
UPS	C	0.23%	0.44%	0.23%
URI	B	0.15%	1.23%	0.15%
VLTO	D	0.05%	0.65%	0.05%
VMC	B	0.2%	0.25%	0.2%
VNT	B	0.01%	1.04%	0.01%
WAB	B	0.1%	0.24%	0.1%
WCC	B	0.02%	1.45%	0.02%
WMS	D	0.03%	0.37%	0.03%
WWD	B	0.03%	0.23%	0.03%
ZBRA	B	0.04%	0.75%	0.04%

CVLC Overweight 660 Positions Relative to FXR

Symbol	Grade	Weight
AAPL	C	6.44%
NVDA	C	6.33%
MSFT	F	5.74%
GOOGL	C	3.68%
AMZN	C	3.65%
TSLA	B	1.86%
AVGO	D	1.53%
JPM	A	1.44%
LLY	F	1.28%
UNH	C	1.15%
V	A	1.09%
MA	C	0.91%
HD	A	0.81%
PG	A	0.8%
COST	B	0.8%
NFLX	A	0.75%
BAC	A	0.75%
WMT	A	0.73%
ABBV	D	0.66%
CRM	B	0.64%
ORCL	B	0.63%
WFC	A	0.63%
KO	D	0.56%
MRK	F	0.55%
PEP	F	0.53%
LIN	D	0.52%
CSCO	B	0.49%
ACN	C	0.47%
ADBE	C	0.47%
AMD	F	0.46%
GS	A	0.46%
DIS	B	0.46%
ABT	B	0.45%
NOW	A	0.44%
TMO	F	0.44%
ISRG	A	0.42%
INTU	C	0.4%
IBM	C	0.4%
ETN	A	0.4%
TXN	C	0.39%
QCOM	F	0.38%
BLK	C	0.38%
NEE	D	0.38%
VZ	C	0.37%
PGR	A	0.37%
CMCSA	B	0.35%
SPGI	C	0.35%
BKNG	A	0.35%
DHR	F	0.34%
AMGN	D	0.34%
T	A	0.34%
C	A	0.33%
PFE	D	0.32%
BX	A	0.32%
LOW	D	0.31%
SBUX	A	0.31%
UBER	D	0.31%
SYK	C	0.31%
SCHW	B	0.3%
BSX	B	0.29%
AMAT	F	0.29%
VRTX	F	0.27%
TJX	A	0.27%
MMC	B	0.27%
PLD	D	0.26%
BMY	B	0.26%
PANW	C	0.26%
TMUS	B	0.25%
GILD	C	0.25%
KKR	A	0.25%
MDT	D	0.25%
BKR	B	0.24%
APH	A	0.24%
MDLZ	F	0.24%
ITW	B	0.23%
MU	D	0.23%
CMG	B	0.23%
ADI	D	0.22%
ICE	C	0.22%
INTC	D	0.22%
GEV	B	0.22%
AMT	D	0.22%
EQIX	A	0.21%
ELV	F	0.21%
WM	A	0.21%
APD	A	0.2%
AON	A	0.2%
CI	F	0.2%
CME	A	0.2%
WELL	A	0.2%
ANET	C	0.2%
PNC	B	0.2%
NUE	C	0.19%
LRCX	F	0.19%
USB	A	0.19%
KLAC	D	0.18%
ZTS	D	0.18%
REGN	F	0.18%
NKE	D	0.18%
OXY	D	0.18%
APO	B	0.17%
MCO	B	0.17%
CDNS	B	0.17%
SNPS	B	0.17%
CEG	D	0.17%
MSI	B	0.17%
ECL	D	0.17%
JCI	C	0.16%
MRVL	B	0.16%
CRWD	B	0.16%
COIN	C	0.15%
MAR	B	0.15%
BDX	F	0.15%
TRV	B	0.15%
CVS	D	0.15%
GM	B	0.15%
CL	D	0.15%
TFC	A	0.15%
ADSK	A	0.14%
AMP	A	0.14%
ORLY	B	0.14%
AFL	B	0.14%
TGT	F	0.14%
AJG	B	0.14%
SPG	B	0.14%
SRE	A	0.14%
BK	A	0.14%
DLR	B	0.14%
FTNT	C	0.13%
ALL	A	0.13%
PSA	D	0.13%
HLT	A	0.13%
WDAY	B	0.12%
IR	B	0.12%
APP	B	0.12%
KR	B	0.12%
D	C	0.12%
ABNB	C	0.12%
O	D	0.12%
AIG	B	0.12%
MET	A	0.12%
ROP	B	0.12%
VRT	B	0.12%
MNST	C	0.11%
AZO	C	0.11%
YUM	B	0.11%
PEG	A	0.11%
DFS	B	0.11%
CCI	D	0.11%
CPRT	A	0.11%
TTD	B	0.11%
STLD	B	0.11%
OTIS	C	0.11%
PRU	A	0.11%
DHI	D	0.11%
ODFL	B	0.1%
EXC	C	0.1%
CBRE	B	0.1%
PAYX	C	0.1%
DAL	C	0.1%
GIS	D	0.1%
MSCI	C	0.1%
LEN	D	0.1%
FIS	C	0.1%
F	C	0.1%
RSG	A	0.1%
SYY	B	0.1%
HIG	B	0.09%
IT	C	0.09%
MTB	A	0.09%
VRSK	A	0.09%
KMB	D	0.09%
EW	C	0.09%
ROK	B	0.09%
KVUE	A	0.09%
ROST	C	0.09%
ACGL	D	0.09%
FAST	B	0.09%
RS	B	0.09%
XEL	A	0.09%
KDP	D	0.09%
WEC	A	0.08%
GLW	B	0.08%
ARES	A	0.08%
RMD	C	0.08%
IDXX	F	0.08%
GEHC	F	0.08%
IQV	D	0.08%
KHC	F	0.08%
DDOG	A	0.08%
FITB	A	0.08%
WTW	B	0.08%
DELL	C	0.08%
TEAM	A	0.08%
AVB	B	0.08%
CHTR	C	0.08%
NDAQ	A	0.08%
CTSH	B	0.08%
ED	D	0.08%
EA	A	0.08%
A	D	0.08%
SNOW	C	0.08%
XYL	D	0.08%
EXR	D	0.08%
NVR	D	0.07%
FCNCA	A	0.07%
HUBB	B	0.07%
VEEV	C	0.07%
EQR	B	0.07%
CNC	D	0.07%
ALNY	D	0.07%
DXCM	D	0.07%
LULU	C	0.07%
MCHP	D	0.07%
STT	A	0.07%
HUBS	A	0.07%
IRM	D	0.07%
HSY	F	0.07%
SW	A	0.07%
RJF	A	0.07%
HUM	C	0.07%
HPQ	B	0.07%
IFF	D	0.06%
MTD	D	0.06%
DRI	B	0.06%
BR	A	0.06%
MKC	D	0.06%
NET	B	0.06%
MPWR	F	0.06%
SBAC	D	0.06%
BRO	B	0.06%
HPE	B	0.06%
CINF	A	0.06%
LPLA	A	0.06%
ON	D	0.06%
TSCO	D	0.06%
AEE	A	0.06%
RF	A	0.06%
EBAY	D	0.06%
K	A	0.06%
DTE	C	0.06%
TTWO	A	0.06%
ANSS	B	0.06%
HBAN	A	0.06%
AWK	D	0.06%
VTR	C	0.06%
CSGP	D	0.06%
TROW	B	0.06%
PHM	D	0.06%
ZM	B	0.05%
WDC	D	0.05%
WRB	A	0.05%
NRG	B	0.05%
ESS	B	0.05%
IBKR	A	0.05%
WAT	B	0.05%
PTC	A	0.05%
WBD	C	0.05%
ILMN	D	0.05%
TRMB	B	0.05%
STE	F	0.05%
CMS	C	0.05%
PFG	D	0.05%
CDW	F	0.05%
NTAP	C	0.05%
WST	C	0.05%
WSO	A	0.05%
ZBH	C	0.05%
CFG	B	0.05%
BIIB	F	0.05%
CBOE	B	0.05%
DECK	A	0.05%
CVNA	B	0.05%
NTRS	A	0.05%
CHD	B	0.05%
TYL	B	0.05%
ES	D	0.05%
RBLX	C	0.05%
ALGN	D	0.04%
MANH	D	0.04%
EWBC	A	0.04%
EVRG	A	0.04%
COHR	B	0.04%
UDR	B	0.04%
DOC	D	0.04%
PINS	D	0.04%
TWLO	A	0.04%
UTHR	C	0.04%
PFGC	B	0.04%
BG	F	0.04%
CAG	D	0.04%
SOFI	A	0.04%
BAX	D	0.04%
BBY	D	0.04%
SWK	D	0.04%
TW	A	0.04%
TXRH	C	0.04%
CMC	B	0.04%
TOL	B	0.04%
SUI	D	0.04%
EQH	B	0.04%
RGA	A	0.04%
FSLR	F	0.04%
LNT	A	0.04%
MOH	F	0.04%
XPO	B	0.04%
ZS	C	0.04%
EG	C	0.04%
DGX	A	0.04%
NI	A	0.04%
SFM	A	0.04%
KIM	A	0.04%
HOLX	D	0.04%
PODD	C	0.04%
FDS	B	0.04%
CLX	B	0.04%
OMC	C	0.04%
CASY	A	0.04%
MDB	C	0.04%
DPZ	C	0.04%
STX	D	0.04%
AVY	D	0.04%
LYV	A	0.04%
WY	D	0.04%
LH	C	0.04%
USFD	A	0.04%
ARE	D	0.04%
KEY	B	0.04%
MAA	B	0.04%
JNPR	F	0.03%
OHI	C	0.03%
WBS	A	0.03%
KNSL	B	0.03%
WTRG	B	0.03%
INGR	B	0.03%
CG	A	0.03%
NBIX	C	0.03%
TPR	B	0.03%
SCI	B	0.03%
WING	D	0.03%
CUBE	D	0.03%
EVR	B	0.03%
POOL	C	0.03%
BMRN	D	0.03%
FHN	A	0.03%
LAMR	D	0.03%
MLI	C	0.03%
EPAM	C	0.03%
DLTR	F	0.03%
AKAM	D	0.03%
ARMK	B	0.03%
SWKS	F	0.03%
SF	B	0.03%
MRNA	F	0.03%
AIT	A	0.03%
DT	C	0.03%
HST	C	0.03%
FFIV	B	0.03%
WPC	D	0.03%
EL	F	0.03%
JBL	B	0.03%
JEF	A	0.03%
AFRM	B	0.03%
LW	C	0.03%
JLL	D	0.03%
CCK	C	0.03%
BXP	D	0.03%
RVTY	F	0.03%
CHRW	C	0.03%
CLH	B	0.03%
CPT	B	0.03%
OWL	A	0.03%
ELS	C	0.03%
AVTR	F	0.03%
ENTG	D	0.03%
Z	A	0.03%
PSTG	D	0.03%
SJM	D	0.03%
RRX	B	0.03%
WSM	B	0.03%
SUM	B	0.03%
ROL	B	0.03%
RNR	C	0.03%
REG	B	0.03%
INCY	C	0.03%
SSNC	B	0.03%
EMN	D	0.03%
VRSN	F	0.03%
APTV	D	0.03%
DG	F	0.03%
GWRE	A	0.03%
UNM	A	0.03%
NTNX	A	0.03%
TOST	B	0.03%
DOCU	A	0.03%
GPC	D	0.03%
BURL	A	0.03%
ULTA	F	0.03%
TER	D	0.03%
ACM	A	0.03%
GEN	B	0.03%
FSS	B	0.02%
MOD	A	0.02%
COLD	D	0.02%
SMAR	A	0.02%
BEN	C	0.02%
IDA	A	0.02%
OLED	D	0.02%
CVLT	B	0.02%
ENPH	F	0.02%
HLNE	B	0.02%
ELAN	D	0.02%
WSC	D	0.02%
WEX	D	0.02%
UFPI	B	0.02%
MTH	D	0.02%
ESTC	C	0.02%
MTG	C	0.02%
RHP	B	0.02%
SKX	D	0.02%
WTS	B	0.02%
STAG	F	0.02%
RL	B	0.02%
ALK	C	0.02%
BCPC	B	0.02%
HAS	D	0.02%
JAZZ	B	0.02%
OMF	A	0.02%
ONTO	D	0.02%
GKOS	B	0.02%
CBT	C	0.02%
WH	B	0.02%
AXS	A	0.02%
ONB	B	0.02%
VNO	B	0.02%
NOVT	D	0.02%
FR	C	0.02%
BPOP	B	0.02%
MOG.A	B	0.02%
CADE	B	0.02%
RYAN	B	0.02%
TMHC	B	0.02%
RIVN	F	0.02%
SNX	C	0.02%
ESI	A	0.02%
BMI	B	0.02%
MEDP	D	0.02%
ENSG	D	0.02%
PLNT	A	0.02%
HQY	B	0.02%
DVA	B	0.02%
TPX	B	0.02%
PCTY	B	0.02%
BILL	A	0.02%
HRB	D	0.02%
ROKU	D	0.02%
BRBR	A	0.02%
JXN	C	0.02%
AGNC	D	0.02%
BWA	D	0.02%
CHE	D	0.02%
COKE	C	0.02%
ALV	C	0.02%
NYT	C	0.02%
VMI	B	0.02%
PB	A	0.02%
NNN	D	0.02%
FMC	D	0.02%
CGNX	C	0.02%
DAR	C	0.02%
HSIC	B	0.02%
LAD	A	0.02%
IVZ	B	0.02%
SNV	B	0.02%
SMCI	F	0.02%
VOYA	B	0.02%
GTLS	B	0.02%
MKSI	C	0.02%
FRPT	B	0.02%
SSB	B	0.02%
LKQ	D	0.02%
PEN	B	0.02%
EXAS	D	0.02%
DOX	D	0.02%
CIEN	B	0.02%
TFX	F	0.02%
MTZ	B	0.02%
MORN	B	0.02%
GMED	A	0.02%
CFR	B	0.02%
SRPT	D	0.02%
SEIC	B	0.02%
BRX	A	0.02%
APG	B	0.02%
WTFC	A	0.02%
MKTX	D	0.02%
ZION	B	0.02%
CRL	C	0.02%
EXEL	B	0.02%
FND	C	0.02%
ACI	C	0.02%
DKS	C	0.02%
EHC	B	0.02%
RPRX	D	0.02%
AAL	B	0.02%
CBSH	A	0.02%
ORI	A	0.02%
REXR	F	0.02%
CMA	A	0.02%
CE	F	0.02%
IPG	D	0.02%
BJ	A	0.02%
FRT	B	0.02%
SNAP	C	0.02%
PNFP	B	0.02%
MOS	F	0.02%
PAYC	B	0.02%
CTLT	B	0.02%
GL	B	0.02%
TECH	D	0.02%
DAY	B	0.02%
HRL	D	0.02%
CPB	D	0.02%
AES	F	0.02%
KMX	B	0.02%
LBRDK	C	0.02%
HLI	B	0.02%
WAL	B	0.02%
DUOL	A	0.02%
ALLY	C	0.02%
OKTA	C	0.02%
AFG	A	0.02%
PRI	A	0.02%
COTY	F	0.01%
ALGM	D	0.01%
COLM	B	0.01%
PAG	B	0.01%
APLS	D	0.01%
CWEN	C	0.01%
AGR	B	0.01%
ZI	D	0.01%
TNET	D	0.01%
PFSI	D	0.01%
CACC	D	0.01%
BOKF	B	0.01%
BBIO	F	0.01%
CDP	C	0.01%
XRAY	F	0.01%
CHWY	B	0.01%
OPCH	D	0.01%
SIG	B	0.01%
NSIT	F	0.01%
AN	C	0.01%
M	D	0.01%
CHH	A	0.01%
OGN	D	0.01%
BCO	D	0.01%
ATKR	C	0.01%
CWAN	B	0.01%
DLB	B	0.01%
FIVE	F	0.01%
AVT	C	0.01%
RH	B	0.01%
PSN	D	0.01%
GAP	C	0.01%
WMG	C	0.01%
LANC	C	0.01%
ABG	B	0.01%
TENB	C	0.01%
HOG	D	0.01%
IONS	F	0.01%
ASH	D	0.01%
MMS	F	0.01%
APPF	B	0.01%
HCP	B	0.01%
BCC	B	0.01%
EXPO	D	0.01%
NXST	C	0.01%
CROX	D	0.01%
QLYS	C	0.01%
ZWS	B	0.01%
OLLI	D	0.01%
ETSY	D	0.01%
PVH	C	0.01%
SWX	B	0.01%
CRUS	D	0.01%
INSP	D	0.01%
IBP	D	0.01%
RMBS	C	0.01%
FELE	B	0.01%
VRNS	D	0.01%
POR	C	0.01%
BRKR	D	0.01%
WTM	A	0.01%
WHR	B	0.01%
FLO	D	0.01%
ARW	D	0.01%
CELH	F	0.01%
BECN	B	0.01%
BPMC	C	0.01%
SITE	D	0.01%
MAT	D	0.01%
UGI	A	0.01%
DOCS	C	0.01%
LEA	D	0.01%
ALTR	B	0.01%
RDN	C	0.01%
DY	D	0.01%
HALO	F	0.01%
OZK	B	0.01%
SLM	A	0.01%
MMSI	B	0.01%
SAIC	F	0.01%
QRVO	F	0.01%
ELF	C	0.01%
THO	B	0.01%
LYFT	C	0.01%
BFAM	D	0.01%
TPG	A	0.01%
ST	F	0.01%
TKR	D	0.01%
CFLT	B	0.01%
NFG	A	0.01%
DBX	B	0.01%
AMG	B	0.01%
KD	B	0.01%
HXL	D	0.01%
BBWI	D	0.01%
SPSC	C	0.01%
KBH	D	0.01%
BIO	D	0.01%
EPRT	B	0.01%
TRNO	F	0.01%
HOMB	A	0.01%
FAF	A	0.01%
ESNT	D	0.01%
KRG	B	0.01%
MTN	C	0.01%
LSCC	D	0.01%
JHG	A	0.01%
GME	C	0.01%
ITRI	B	0.01%
STWD	C	0.01%
THG	A	0.01%
ANF	C	0.01%
RGEN	D	0.01%
MHK	D	0.01%
FNB	A	0.01%
EXLS	B	0.01%
PARA	C	0.01%
CWST	A	0.01%
TREX	C	0.01%
COOP	B	0.01%
H	B	0.01%
S	B	0.01%
VFC	C	0.01%
SIGI	C	0.01%
LNC	B	0.01%
GATX	A	0.01%
LEVI	F	0.0%

CVLC Underweight 29 Positions Relative to FXR

Symbol	Grade	Weight
AAON	B	-1.44%
MDU	D	-1.38%
GPN	B	-1.33%
HWM	A	-1.32%
LMT	D	-1.08%
GTES	A	-1.07%
GNRC	B	-1.06%
MLM	B	-0.99%
SNDR	B	-0.97%
EXP	A	-0.96%
ADTN	A	-0.93%
CXT	B	-0.89%
TXT	D	-0.88%
MMM	D	-0.87%
VSTS	C	-0.86%
TDG	D	-0.85%
BLDR	D	-0.84%
BWXT	B	-0.83%
KEX	C	-0.74%
CSX	B	-0.72%
HII	D	-0.67%
SPR	D	-0.65%
WU	D	-0.62%
J	F	-0.48%
GD	F	-0.44%
DOW	F	-0.37%
HON	B	-0.25%
RPM	A	-0.25%
LHX	C	-0.24%