CVLC vs. IUSG ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to iShares Core U.S. Growth ETF (IUSG)

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

$74.52

Average Daily Volume

11,236

Number of Holdings ^*

767

* may have additional holdings in another (foreign) market

IUSG

iShares Core U.S. Growth ETF

IUSG Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 3000 Growth Index (the "underlying index"), which measures the performance of the growth sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$138.40

Average Daily Volume

431,156

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	IUSG
30 Days	2.60%	3.20%
60 Days	6.92%	8.25%
90 Days	9.17%	9.22%
12 Months	35.36%	40.95%

360 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in IUSG	Overlap
	AAPL	C	6.29%	11.2%	6.29%
	ABBV	D	0.79%	0.42%	0.42%
	ABNB	C	0.13%	0.1%	0.1%
	ACGL	D	0.09%	0.12%	0.09%
	ACM	B	0.04%	0.02%	0.02%
	ACN	C	0.47%	0.39%	0.39%
	ADBE	C	0.47%	0.71%	0.47%
	ADI	F	0.23%	0.21%	0.21%
	ADP	A	0.26%	0.16%	0.16%
	ADSK	A	0.14%	0.11%	0.11%
	AIT	A	0.03%	0.03%	0.03%
	AJG	A	0.14%	0.11%	0.11%
	AKAM	F	0.03%	0.02%	0.02%
	ALGM	F	0.01%	0.0%	0.0%
	ALGN	F	0.03%	0.03%	0.03%
	ALLE	D	0.03%	0.02%	0.02%
	ALTR	C	0.01%	0.02%	0.01%
	ALV	C	0.02%	0.01%	0.01%
	AMAT	F	0.32%	0.52%	0.32%
	AMD	F	0.49%	0.78%	0.49%
	AME	A	0.12%	0.07%	0.07%
	AMP	A	0.14%	0.09%	0.09%
	AMT	F	0.22%	0.13%	0.13%
	AMZN	A	3.69%	6.31%	3.69%
	ANET	C	0.23%	0.33%	0.23%
	ANF	D	0.01%	0.02%	0.01%
	ANSS	B	0.06%	0.05%	0.05%
	AON	A	0.2%	0.14%	0.14%
	AOS	F	0.03%	0.02%	0.02%
	APH	B	0.24%	0.16%	0.16%
	APPF	B	0.01%	0.02%	0.01%
	ATR	A	0.03%	0.02%	0.02%
	AVGO	C	1.65%	2.77%	1.65%
	AVTR	F	0.03%	0.02%	0.02%
	AXON	B	0.09%	0.14%	0.09%
	AXP	B	0.41%	0.37%	0.37%
	AXTA	A	0.02%	0.03%	0.02%
	AYI	B	0.03%	0.02%	0.02%
	AZO	C	0.11%	0.12%	0.11%
	BC	C	0.02%	0.01%	0.01%
	BCO	F	0.01%	0.01%	0.01%
	BKNG	A	0.35%	0.54%	0.35%
	BLD	F	0.03%	0.04%	0.03%
	BMRN	F	0.03%	0.02%	0.02%
	BR	A	0.05%	0.05%	0.05%
	BRBR	A	0.02%	0.02%	0.02%
	BRKR	F	0.01%	0.01%	0.01%
	BRO	A	0.06%	0.07%	0.06%
	BRX	A	0.02%	0.01%	0.01%
	BSX	A	0.28%	0.23%	0.23%
	BURL	C	0.03%	0.03%	0.03%
	BX	A	0.31%	0.3%	0.3%
	CARR	C	0.18%	0.1%	0.1%
	CASY	B	0.04%	0.05%	0.04%
	CAT	C	0.53%	0.36%	0.36%
	CBOE	D	0.05%	0.04%	0.04%
	CBSH	A	0.02%	0.01%	0.01%
	CBT	C	0.02%	0.01%	0.01%
	CCK	D	0.03%	0.02%	0.02%
	CDNS	B	0.17%	0.27%	0.17%
	CDP	C	0.01%	0.0%	0.0%
	CDW	F	0.06%	0.04%	0.04%
	CE	F	0.03%	0.03%	0.03%
	CEG	D	0.18%	0.11%	0.11%
	CELH	F	0.01%	0.01%	0.01%
	CFR	B	0.02%	0.01%	0.01%
	CG	C	0.03%	0.02%	0.02%
	CGNX	C	0.02%	0.01%	0.01%
	CHD	B	0.05%	0.04%	0.04%
	CHE	D	0.02%	0.02%	0.02%
	CHH	B	0.01%	0.0%	0.0%
	CHTR	B	0.08%	0.06%	0.06%
	CHWY	B	0.01%	0.01%	0.01%
	CIEN	B	0.02%	0.01%	0.01%
	CL	F	0.15%	0.1%	0.1%
	CLH	B	0.03%	0.04%	0.03%
	CME	A	0.2%	0.09%	0.09%
	CMG	B	0.22%	0.26%	0.22%
	CNM	D	0.02%	0.02%	0.02%
	COKE	C	0.02%	0.02%	0.02%
	COLM	B	0.01%	0.0%	0.0%
	COST	B	0.79%	0.57%	0.57%
	COTY	F	0.01%	0.01%	0.01%
	CPRT	A	0.11%	0.16%	0.11%
	CRM	B	0.6%	1.01%	0.6%
	CROX	F	0.01%	0.02%	0.01%
	CRUS	F	0.01%	0.01%	0.01%
	CRWD	B	0.15%	0.25%	0.15%
	CSGP	D	0.07%	0.04%	0.04%
	CSL	B	0.11%	0.07%	0.07%
	CTAS	A	0.15%	0.14%	0.14%
	CUBE	D	0.03%	0.02%	0.02%
	CVLT	A	0.02%	0.01%	0.01%
	CW	B	0.04%	0.03%	0.03%
	DAL	A	0.09%	0.07%	0.07%
	DAY	C	0.03%	0.02%	0.02%
	DBX	B	0.01%	0.02%	0.01%
	DCI	A	0.03%	0.02%	0.02%
	DE	D	0.29%	0.19%	0.19%
	DECK	B	0.05%	0.09%	0.05%
	DELL	B	0.08%	0.07%	0.07%
	DFS	B	0.11%	0.08%	0.08%
	DHI	F	0.12%	0.16%	0.12%
	DKS	F	0.02%	0.02%	0.02%
	DLB	C	0.01%	0.01%	0.01%
	DLR	C	0.14%	0.07%	0.07%
	DOCS	B	0.01%	0.01%	0.01%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.06%	0.03%	0.03%
	DT	C	0.03%	0.05%	0.03%
	DUOL	B	0.03%	0.04%	0.03%
	DVA	C	0.02%	0.01%	0.01%
	DXCM	C	0.06%	0.06%	0.06%
	EA	A	0.08%	0.05%	0.05%
	ECL	C	0.17%	0.11%	0.11%
	EEFT	C	0.01%	0.01%	0.01%
	EFX	D	0.07%	0.04%	0.04%
	EHC	A	0.02%	0.02%	0.02%
	ELF	C	0.01%	0.02%	0.01%
	ELS	C	0.03%	0.03%	0.03%
	EME	B	0.06%	0.08%	0.06%
	ENPH	F	0.02%	0.01%	0.01%
	ENSG	C	0.02%	0.03%	0.02%
	EPAM	B	0.02%	0.02%	0.02%
	EQH	B	0.04%	0.01%	0.01%
	EQIX	B	0.2%	0.13%	0.13%
	ESAB	B	0.02%	0.02%	0.02%
	ETN	A	0.4%	0.29%	0.29%
	EVR	B	0.03%	0.02%	0.02%
	EW	D	0.09%	0.05%	0.05%
	EWBC	B	0.04%	0.02%	0.02%
	EXEL	B	0.02%	0.03%	0.02%
	EXLS	B	0.01%	0.01%	0.01%
	EXPD	D	0.04%	0.02%	0.02%
	EXPO	D	0.01%	0.01%	0.01%
	FAST	A	0.09%	0.08%	0.08%
	FBIN	F	0.02%	0.01%	0.01%
	FCN	F	0.02%	0.02%	0.02%
	FDS	A	0.04%	0.03%	0.03%
	FI	A	0.25%	0.21%	0.21%
	FICO	B	0.11%	0.19%	0.11%
	FIVE	F	0.01%	0.02%	0.01%
	FIX	B	0.04%	0.05%	0.04%
	FLS	B	0.02%	0.01%	0.01%
	FND	F	0.02%	0.04%	0.02%
	FR	C	0.02%	0.01%	0.01%
	FTNT	B	0.11%	0.19%	0.11%
	FTV	D	0.07%	0.09%	0.07%
	GATX	A	0.01%	0.01%	0.01%
	GE	C	0.5%	0.28%	0.28%
	GEV	B	0.22%	0.13%	0.13%
	GGG	B	0.04%	0.05%	0.04%
	GOOGL	B	3.71%	3.39%	3.39%
	GTLS	A	0.02%	0.02%	0.02%
	GWW	B	0.1%	0.13%	0.1%
	GXO	B	0.02%	0.01%	0.01%
	H	B	0.01%	0.02%	0.01%
	HALO	B	0.02%	0.03%	0.02%
	HD	B	0.76%	0.48%	0.48%
	HLI	B	0.02%	0.03%	0.02%
	HLNE	B	0.02%	0.03%	0.02%
	HLT	A	0.13%	0.2%	0.13%
	HQY	B	0.02%	0.01%	0.01%
	HRB	D	0.02%	0.03%	0.02%
	HST	C	0.03%	0.02%	0.02%
	HSY	D	0.07%	0.03%	0.03%
	HUBB	B	0.07%	0.04%	0.04%
	HXL	D	0.01%	0.01%	0.01%
	IBKR	A	0.04%	0.04%	0.04%
	IDA	A	0.01%	0.01%	0.01%
	IDXX	D	0.08%	0.06%	0.06%
	INGR	B	0.03%	0.01%	0.01%
	INTU	A	0.37%	0.62%	0.37%
	IQV	F	0.09%	0.05%	0.05%
	IR	A	0.12%	0.1%	0.1%
	IRM	D	0.07%	0.06%	0.06%
	ISRG	A	0.4%	0.41%	0.4%
	IT	A	0.09%	0.14%	0.09%
	ITT	A	0.03%	0.04%	0.03%
	ITW	A	0.23%	0.11%	0.11%
	JAZZ	B	0.01%	0.01%	0.01%
	JBL	C	0.03%	0.03%	0.03%
	KBH	D	0.01%	0.01%	0.01%
	KKR	B	0.25%	0.33%	0.25%
	KLAC	F	0.19%	0.3%	0.19%
	KNSL	C	0.02%	0.03%	0.02%
	KO	F	0.57%	0.31%	0.31%
	LAMR	D	0.03%	0.02%	0.02%
	LANC	C	0.01%	0.01%	0.01%
	LECO	C	0.03%	0.04%	0.03%
	LEN	D	0.1%	0.08%	0.08%
	LFUS	D	0.02%	0.01%	0.01%
	LII	B	0.05%	0.07%	0.05%
	LIN	D	0.53%	0.37%	0.37%
	LLY	F	1.32%	2.13%	1.32%
	LPX	B	0.01%	0.01%	0.01%
	LRCX	F	0.21%	0.33%	0.21%
	LSCC	D	0.02%	0.02%	0.02%
	LSTR	B	0.02%	0.01%	0.01%
	LULU	C	0.07%	0.12%	0.07%
	LW	C	0.03%	0.02%	0.02%
	LYV	B	0.04%	0.06%	0.04%
	MA	B	0.9%	1.01%	0.9%
	MANH	C	0.04%	0.06%	0.04%
	MAR	A	0.14%	0.21%	0.14%
	MAS	D	0.03%	0.03%	0.03%
	MAT	C	0.01%	0.01%	0.01%
	MCHP	F	0.08%	0.08%	0.08%
	MCO	C	0.16%	0.11%	0.11%
	MDLZ	F	0.25%	0.12%	0.12%
	MEDP	C	0.02%	0.03%	0.02%
	MIDD	C	0.02%	0.01%	0.01%
	MKSI	C	0.02%	0.01%	0.01%
	MMC	C	0.27%	0.19%	0.19%
	MMS	D	0.01%	0.01%	0.01%
	MNST	B	0.11%	0.07%	0.07%
	MOH	F	0.04%	0.04%	0.04%
	MORN	B	0.02%	0.03%	0.02%
	MPWR	F	0.08%	0.12%	0.08%
	MRK	F	0.57%	0.34%	0.34%
	MSA	D	0.02%	0.02%	0.02%
	MSCI	B	0.1%	0.09%	0.09%
	MSFT	C	5.74%	10.19%	5.74%
	MSI	B	0.16%	0.16%	0.16%
	MSM	B	0.01%	0.01%	0.01%
	MTD	F	0.06%	0.03%	0.03%
	MTG	C	0.02%	0.01%	0.01%
	MTN	D	0.01%	0.01%	0.01%
	NBIX	C	0.03%	0.04%	0.03%
	NFLX	A	0.7%	1.11%	0.7%
	NKE	F	0.18%	0.13%	0.13%
	NNN	F	0.02%	0.01%	0.01%
	NOVT	C	0.02%	0.01%	0.01%
	NOW	A	0.43%	0.67%	0.43%
	NTAP	D	0.05%	0.03%	0.03%
	NUE	C	0.22%	0.08%	0.08%
	NVDA	B	6.41%	11.79%	6.41%
	NVR	D	0.06%	0.09%	0.06%
	NVT	B	0.04%	0.04%	0.04%
	NYT	C	0.02%	0.03%	0.02%
	OC	A	0.09%	0.05%	0.05%
	ODFL	B	0.1%	0.14%	0.1%
	OHI	C	0.02%	0.01%	0.01%
	OLED	F	0.02%	0.03%	0.02%
	OLLI	C	0.01%	0.02%	0.01%
	ON	F	0.06%	0.04%	0.04%
	ONTO	F	0.02%	0.03%	0.02%
	OPCH	F	0.01%	0.01%	0.01%
	ORCL	A	0.61%	0.98%	0.61%
	ORLY	A	0.14%	0.17%	0.14%
	OTIS	C	0.11%	0.05%	0.05%
	OZK	B	0.01%	0.01%	0.01%
	PANW	A	0.26%	0.41%	0.26%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.1%	0.06%	0.06%
	PCAR	B	0.17%	0.14%	0.14%
	PCTY	A	0.02%	0.03%	0.02%
	PEN	B	0.02%	0.03%	0.02%
	PEP	D	0.55%	0.27%	0.27%
	PG	C	0.75%	0.5%	0.5%
	PGR	A	0.37%	0.25%	0.25%
	PH	A	0.25%	0.23%	0.23%
	PHM	D	0.06%	0.09%	0.06%
	PLNT	A	0.02%	0.03%	0.02%
	PNFP	B	0.02%	0.01%	0.01%
	PNR	A	0.05%	0.04%	0.04%
	PODD	B	0.04%	0.02%	0.02%
	POOL	D	0.03%	0.03%	0.03%
	PRI	A	0.02%	0.03%	0.02%
	PSA	C	0.12%	0.07%	0.07%
	PSN	B	0.01%	0.01%	0.01%
	PSTG	D	0.03%	0.05%	0.03%
	PTC	B	0.05%	0.05%	0.05%
	PWR	B	0.11%	0.11%	0.11%
	QCOM	F	0.4%	0.32%	0.32%
	QLYS	B	0.01%	0.02%	0.01%
	REGN	F	0.19%	0.17%	0.17%
	REXR	F	0.02%	0.01%	0.01%
	RGEN	C	0.02%	0.02%	0.02%
	RH	C	0.01%	0.01%	0.01%
	RL	B	0.02%	0.02%	0.02%
	RMBS	B	0.01%	0.02%	0.01%
	RNR	D	0.03%	0.02%	0.02%
	ROK	B	0.09%	0.05%	0.05%
	ROL	B	0.03%	0.02%	0.02%
	ROP	A	0.13%	0.08%	0.08%
	ROST	F	0.09%	0.15%	0.09%
	RS	B	0.1%	0.06%	0.06%
	RSG	A	0.1%	0.08%	0.08%
	RYAN	A	0.02%	0.02%	0.02%
	SAIA	B	0.04%	0.05%	0.04%
	SAIC	C	0.02%	0.01%	0.01%
	SBAC	D	0.06%	0.03%	0.03%
	SBUX	B	0.3%	0.21%	0.21%
	SCI	B	0.03%	0.02%	0.02%
	SEIC	A	0.02%	0.01%	0.01%
	SFM	B	0.04%	0.02%	0.02%
	SHW	A	0.24%	0.15%	0.15%
	SIGI	B	0.01%	0.01%	0.01%
	SKX	F	0.02%	0.03%	0.02%
	SLM	B	0.01%	0.01%	0.01%
	SMCI	F	0.02%	0.04%	0.02%
	SNA	A	0.05%	0.03%	0.03%
	SNPS	B	0.18%	0.28%	0.18%
	SPG	B	0.14%	0.07%	0.07%
	SPGI	C	0.34%	0.23%	0.23%
	SRPT	F	0.03%	0.03%	0.03%
	SSD	D	0.02%	0.03%	0.02%
	STAG	D	0.02%	0.01%	0.01%
	STE	F	0.05%	0.04%	0.04%
	STLD	B	0.12%	0.04%	0.04%
	STX	D	0.05%	0.03%	0.03%
	SYK	A	0.29%	0.27%	0.27%
	TJX	B	0.26%	0.28%	0.26%
	TKR	F	0.01%	0.01%	0.01%
	TMO	F	0.47%	0.26%	0.26%
	TOL	C	0.04%	0.05%	0.04%
	TPX	B	0.02%	0.03%	0.02%
	TREX	C	0.02%	0.03%	0.02%
	TSCO	C	0.06%	0.04%	0.04%
	TSLA	B	1.65%	2.89%	1.65%
	TT	A	0.24%	0.21%	0.21%
	TTC	F	0.02%	0.01%	0.01%
	TTEK	C	0.03%	0.04%	0.03%
	TTWO	A	0.06%	0.05%	0.05%
	TXN	C	0.41%	0.24%	0.24%
	TXRH	A	0.04%	0.04%	0.04%
	TYL	B	0.05%	0.09%	0.05%
	UBER	F	0.31%	0.49%	0.31%
	UFPI	B	0.02%	0.03%	0.02%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	1.14%	0.7%	0.7%
	UNP	C	0.35%	0.21%	0.21%
	URI	B	0.16%	0.19%	0.16%
	UTHR	B	0.04%	0.03%	0.03%
	V	A	1.07%	1.1%	1.07%
	VMC	B	0.21%	0.08%	0.08%
	VNT	B	0.01%	0.02%	0.01%
	VOYA	B	0.02%	0.01%	0.01%
	VRSK	A	0.09%	0.07%	0.07%
	VRSN	C	0.03%	0.02%	0.02%
	VRTX	B	0.28%	0.28%	0.28%
	WAL	B	0.03%	0.02%	0.02%
	WAT	A	0.05%	0.03%	0.03%
	WEX	D	0.02%	0.02%	0.02%
	WH	A	0.02%	0.02%	0.02%
	WING	D	0.03%	0.03%	0.03%
	WM	A	0.21%	0.13%	0.13%
	WMG	B	0.01%	0.01%	0.01%
	WMS	F	0.03%	0.03%	0.03%
	WSM	F	0.03%	0.05%	0.03%
	WSO	A	0.05%	0.06%	0.05%
	WST	B	0.05%	0.08%	0.05%
	WTRG	C	0.03%	0.02%	0.02%
	WTS	B	0.02%	0.02%	0.02%
	WWD	B	0.03%	0.03%	0.03%
	XPO	B	0.04%	0.03%	0.03%
	YUM	B	0.11%	0.06%	0.06%
	ZI	D	0.01%	0.0%	0.0%
	ZTS	D	0.17%	0.14%	0.14%

CVLC Overweight 407 Positions Relative to IUSG

	Symbol	Grade	Weight
	JPM	B	1.43%
	BAC	A	0.72%
	WMT	A	0.71%
	WFC	A	0.61%
	CSCO	A	0.48%
	GS	B	0.46%
	ABT	C	0.45%
	IBM	C	0.41%
	DIS	B	0.39%
	AMGN	F	0.38%
	NEE	D	0.37%
	DHR	F	0.36%
	CMCSA	B	0.36%
	VZ	C	0.36%
	PFE	F	0.34%
	T	A	0.33%
	C	A	0.32%
	LOW	B	0.29%
	SCHW	A	0.28%
	MDT	D	0.26%
	MU	D	0.26%
	BMY	B	0.25%
	GILD	C	0.25%
	PLD	D	0.25%
	TMUS	A	0.24%
	UPS	C	0.23%
	BKR	B	0.23%
	ICE	D	0.22%
	ELV	F	0.22%
	INTC	C	0.22%
	USB	A	0.2%
	WELL	B	0.2%
	PNC	B	0.2%
	EMR	A	0.2%
	OXY	D	0.19%
	APD	B	0.19%
	CI	D	0.19%
	COF	B	0.18%
	CVS	F	0.17%
	PYPL	A	0.17%
	MRVL	B	0.16%
	APO	B	0.16%
	GM	A	0.15%
	FDX	B	0.15%
	JCI	A	0.15%
	BDX	D	0.15%
	TFC	B	0.15%
	BK	B	0.14%
	TRV	B	0.14%
	CMI	A	0.13%
	TGT	C	0.13%
	AFL	C	0.13%
	SRE	A	0.13%
	D	D	0.12%
	TTD	B	0.12%
	COIN	B	0.12%
	O	D	0.12%
	KR	A	0.12%
	MET	C	0.12%
	AIG	B	0.12%
	ALL	A	0.12%
	VRT	B	0.12%
	SYY	B	0.11%
	CCI	F	0.11%
	WDAY	B	0.11%
	PRU	B	0.11%
	CBRE	A	0.1%
	WAB	A	0.1%
	KDP	D	0.1%
	FIS	B	0.1%
	PEG	C	0.1%
	F	C	0.1%
	GIS	F	0.1%
	KVUE	B	0.09%
	KMB	F	0.09%
	A	F	0.09%
	MTB	B	0.09%
	SQ	B	0.09%
	XEL	A	0.09%
	EXC	C	0.09%
	SW	C	0.08%
	DOV	A	0.08%
	HUM	D	0.08%
	AVB	A	0.08%
	ALNY	D	0.08%
	KEYS	C	0.08%
	FITB	A	0.08%
	ARES	B	0.08%
	NDAQ	A	0.08%
	GLW	C	0.08%
	SNOW	C	0.08%
	WTW	A	0.08%
	DDOG	B	0.08%
	RMD	C	0.08%
	PPG	F	0.08%
	EXR	D	0.08%
	GEHC	F	0.08%
	CTSH	A	0.08%
	ED	D	0.08%
	XYL	D	0.08%
	KHC	F	0.08%
	HIG	C	0.08%
	SYF	B	0.07%
	APP	B	0.07%
	FCNCA	B	0.07%
	VEEV	B	0.07%
	STT	B	0.07%
	CNC	F	0.07%
	WEC	B	0.07%
	RJF	A	0.07%
	HEI	B	0.07%
	TEAM	B	0.07%
	HPQ	B	0.07%
	RBLX	B	0.06%
	IFF	F	0.06%
	BIIB	F	0.06%
	LPLA	B	0.06%
	AEE	A	0.06%
	CINF	A	0.06%
	MKC	D	0.06%
	HPE	B	0.06%
	NET	B	0.06%
	EBAY	C	0.06%
	RF	B	0.06%
	PKG	B	0.06%
	K	A	0.06%
	DTE	D	0.06%
	HUBS	B	0.06%
	TDY	A	0.06%
	HBAN	B	0.06%
	AWK	D	0.06%
	VTR	C	0.06%
	EQR	C	0.06%
	TROW	B	0.06%
	NRG	B	0.05%
	ESS	C	0.05%
	KEY	B	0.05%
	ARE	F	0.05%
	CMS	C	0.05%
	PFG	C	0.05%
	TRMB	B	0.05%
	IEX	B	0.05%
	WDC	D	0.05%
	ZBH	C	0.05%
	BAH	C	0.05%
	BALL	D	0.05%
	VLTO	C	0.05%
	CVNA	B	0.05%
	NTRS	A	0.05%
	ES	D	0.05%
	CFG	B	0.05%
	ILMN	C	0.05%
	BBY	D	0.04%
	LNT	C	0.04%
	TW	C	0.04%
	COHR	B	0.04%
	TER	F	0.04%
	RGA	A	0.04%
	JBHT	B	0.04%
	PFGC	B	0.04%
	ZS	B	0.04%
	DOC	C	0.04%
	NI	A	0.04%
	DGX	A	0.04%
	FSLR	F	0.04%
	CAG	F	0.04%
	EG	D	0.04%
	KIM	A	0.04%
	ATI	D	0.04%
	CMC	B	0.04%
	SUI	D	0.04%
	SWK	F	0.04%
	MRNA	F	0.04%
	NDSN	B	0.04%
	CLX	A	0.04%
	BAX	F	0.04%
	AMCR	D	0.04%
	HOLX	D	0.04%
	MDB	C	0.04%
	PINS	F	0.04%
	ZBRA	A	0.04%
	MAA	C	0.04%
	WBD	B	0.04%
	LH	A	0.04%
	ZM	B	0.04%
	WY	F	0.04%
	TRU	D	0.04%
	WRB	B	0.04%
	OMC	B	0.04%
	AVY	F	0.04%
	USFD	A	0.04%
	IPG	F	0.03%
	HRL	F	0.03%
	WBS	A	0.03%
	ALLY	C	0.03%
	CPB	F	0.03%
	OKTA	C	0.03%
	SNAP	C	0.03%
	FHN	A	0.03%
	CNH	D	0.03%
	AFRM	B	0.03%
	TOST	A	0.03%
	DLTR	F	0.03%
	TECH	B	0.03%
	JNPR	D	0.03%
	JKHY	C	0.03%
	LBRDK	C	0.03%
	ALSN	A	0.03%
	SF	B	0.03%
	JEF	A	0.03%
	MLI	B	0.03%
	ARMK	B	0.03%
	WPC	F	0.03%
	EL	F	0.03%
	FFIV	A	0.03%
	CHRW	A	0.03%
	JLL	C	0.03%
	CPT	C	0.03%
	SWKS	F	0.03%
	BXP	D	0.03%
	SOFI	B	0.03%
	OWL	B	0.03%
	REG	A	0.03%
	UNM	A	0.03%
	NTNX	B	0.03%
	DOCU	B	0.03%
	GWRE	A	0.03%
	TWLO	A	0.03%
	ENTG	D	0.03%
	SSNC	C	0.03%
	SUM	C	0.03%
	RRX	C	0.03%
	EVRG	A	0.03%
	EMN	D	0.03%
	APTV	D	0.03%
	DG	F	0.03%
	SJM	F	0.03%
	BG	D	0.03%
	GPC	D	0.03%
	RVTY	C	0.03%
	GEN	A	0.03%
	INCY	B	0.03%
	UDR	C	0.03%
	FSS	C	0.02%
	SMAR	A	0.02%
	ITRI	B	0.02%
	MOD	C	0.02%
	VFC	C	0.02%
	MHK	D	0.02%
	ALK	A	0.02%
	PARA	C	0.02%
	LNC	B	0.02%
	S	B	0.02%
	ESTC	C	0.02%
	BIO	C	0.02%
	MTH	D	0.02%
	R	A	0.02%
	RHP	B	0.02%
	AXS	A	0.02%
	OMF	A	0.02%
	AGCO	F	0.02%
	BCPC	B	0.02%
	HAS	D	0.02%
	GKOS	A	0.02%
	RIVN	D	0.02%
	RHI	B	0.02%
	CADE	B	0.02%
	ONB	B	0.02%
	BPOP	C	0.02%
	COLD	F	0.02%
	TMHC	C	0.02%
	DAR	B	0.02%
	WSC	F	0.02%
	MOG.A	B	0.02%
	VNO	C	0.02%
	ESI	B	0.02%
	AGNC	C	0.02%
	PB	B	0.02%
	BMI	B	0.02%
	BWA	B	0.02%
	SNX	C	0.02%
	WCC	B	0.02%
	LAD	B	0.02%
	VMI	B	0.02%
	ROKU	C	0.02%
	HSIC	F	0.02%
	LKQ	D	0.02%
	IVZ	C	0.02%
	FRPT	B	0.02%
	SNV	B	0.02%
	SSB	B	0.02%
	GMED	B	0.02%
	JXN	B	0.02%
	OSK	B	0.02%
	MTZ	B	0.02%
	FMC	F	0.02%
	WTFC	B	0.02%
	TFX	F	0.02%
	BERY	C	0.02%
	KNX	B	0.02%
	AAL	B	0.02%
	ACI	C	0.02%
	ORI	A	0.02%
	ZION	B	0.02%
	DOX	C	0.02%
	APG	B	0.02%
	EXAS	F	0.02%
	MKTX	C	0.02%
	TPR	B	0.02%
	FRT	C	0.02%
	RPRX	F	0.02%
	CMA	A	0.02%
	BJ	B	0.02%
	KMX	C	0.02%
	CTLT	D	0.02%
	GPK	D	0.02%
	GL	B	0.02%
	AFG	A	0.02%
	CRL	C	0.02%
	MOS	D	0.02%
	AES	F	0.02%
	Z	B	0.02%
	PAG	B	0.01%
	CWEN	D	0.01%
	AGR	C	0.01%
	APLS	F	0.01%
	TNET	D	0.01%
	PFSI	D	0.01%
	CACC	D	0.01%
	BOKF	B	0.01%
	BBIO	F	0.01%
	CWAN	B	0.01%
	SIG	B	0.01%
	AN	C	0.01%
	M	D	0.01%
	OGN	F	0.01%
	NSIT	F	0.01%
	GAP	B	0.01%
	AVT	C	0.01%
	ABG	B	0.01%
	WTM	A	0.01%
	HOG	F	0.01%
	ATKR	D	0.01%
	TENB	C	0.01%
	LYFT	B	0.01%
	XRAY	F	0.01%
	SWX	B	0.01%
	HCP	A	0.01%
	BCC	B	0.01%
	PVH	C	0.01%
	ZWS	B	0.01%
	WHR	B	0.01%
	KD	A	0.01%
	IONS	F	0.01%
	POR	D	0.01%
	ASH	F	0.01%
	ETSY	C	0.01%
	FELE	A	0.01%
	DY	C	0.01%
	VRNS	D	0.01%
	NXST	C	0.01%
	BECN	B	0.01%
	GME	C	0.01%
	UGI	D	0.01%
	FLO	F	0.01%
	SLGN	A	0.01%
	RDN	C	0.01%
	LEA	F	0.01%
	ARW	F	0.01%
	AZEK	B	0.01%
	MMSI	B	0.01%
	IBP	F	0.01%
	FOUR	B	0.01%
	AWI	B	0.01%
	THO	B	0.01%
	SITE	D	0.01%
	AMG	B	0.01%
	CFLT	B	0.01%
	EPRT	C	0.01%
	FAF	C	0.01%
	NFG	C	0.01%
	BBWI	C	0.01%
	TRNO	D	0.01%
	THG	A	0.01%
	INSP	F	0.01%
	AL	B	0.01%
	BPMC	B	0.01%
	TPG	B	0.01%
	ST	F	0.01%
	G	B	0.01%
	SON	D	0.01%
	BILL	A	0.01%
	ELAN	D	0.01%
	HOMB	A	0.01%
	SPSC	D	0.01%
	JHG	B	0.01%
	STWD	D	0.01%
	KRG	B	0.01%
	ESNT	D	0.01%
	QRVO	F	0.01%
	CWST	A	0.01%
	FNB	A	0.01%
	COOP	B	0.01%
	BFAM	F	0.01%
	SEE	C	0.01%
	BEN	C	0.01%
	LEVI	F	0.0%

CVLC Underweight 126 Positions Relative to IUSG

	Symbol	Grade	Weight
	META	B	-4.18%
	GOOG	B	-2.8%
	PLTR	B	-0.38%
	MCD	C	-0.31%
	COP	C	-0.29%
	TDG	B	-0.25%
	PM	C	-0.24%
	RCL	A	-0.17%
	BA	F	-0.16%
	VST	B	-0.16%
	EOG	A	-0.16%
	NXPI	F	-0.15%
	TRGP	B	-0.14%
	OKE	A	-0.13%
	HES	C	-0.13%
	FCX	F	-0.11%
	FANG	D	-0.11%
	CSX	B	-0.11%
	HCA	D	-0.1%
	WMB	B	-0.09%
	HWM	A	-0.09%
	MPC	D	-0.09%
	MLM	B	-0.08%
	GDDY	A	-0.08%
	CPAY	A	-0.08%
	BLDR	D	-0.07%
	EXPE	B	-0.07%
	CCL	A	-0.06%
	TPL	B	-0.06%
	GRMN	A	-0.06%
	TEL	B	-0.06%
	LVS	C	-0.04%
	OVV	C	-0.04%
	BWXT	A	-0.04%
	NCLH	B	-0.04%
	CTRA	B	-0.04%
	WYNN	F	-0.03%
	APA	F	-0.03%
	RRC	B	-0.03%
	CF	B	-0.03%
	CHRD	F	-0.03%
	MRO	B	-0.03%
	CR	B	-0.03%
	COO	D	-0.03%
	AAON	B	-0.03%
	LNW	F	-0.03%
	RPM	A	-0.03%
	RBC	B	-0.03%
	PR	C	-0.03%
	MUSA	B	-0.03%
	FN	B	-0.03%
	EXP	B	-0.03%
	CHDN	C	-0.03%
	CIVI	F	-0.02%
	CACI	C	-0.02%
	MTSI	B	-0.02%
	LOPE	B	-0.02%
	EGP	C	-0.02%
	CZR	F	-0.02%
	BYD	A	-0.02%
	RGLD	C	-0.02%
	VVV	B	-0.02%
	CNX	B	-0.02%
	MGM	D	-0.02%
	NXT	C	-0.02%
	GLPI	D	-0.02%
	DTM	B	-0.02%
	LNTH	F	-0.02%
	ERIE	F	-0.02%
	WFRD	D	-0.02%
	MTDR	C	-0.02%
	GNRC	B	-0.02%
	AMH	C	-0.02%
	HGV	B	-0.01%
	RYN	F	-0.01%
	IBOC	B	-0.01%
	CAR	C	-0.01%
	ENS	D	-0.01%
	WEN	C	-0.01%
	IRDM	C	-0.01%
	POWI	C	-0.01%
	BLKB	C	-0.01%
	TEX	D	-0.01%
	EPR	D	-0.01%
	FFIN	B	-0.01%
	MUR	F	-0.01%
	YETI	C	-0.01%
	OLN	D	-0.01%
	SHC	D	-0.01%
	HWC	B	-0.01%
	HAE	B	-0.01%
	ARWR	C	-0.01%
	TNL	A	-0.01%
	CYTK	C	-0.01%
	TDC	D	-0.01%
	AM	B	-0.01%
	PK	B	-0.01%
	TKO	D	-0.01%
	AZPN	A	-0.01%
	VAL	F	-0.01%
	ROIV	C	-0.01%
	KEX	B	-0.01%
	ALTM	C	-0.01%
	VNOM	C	-0.01%
	SLAB	F	-0.01%
	ACHC	F	-0.01%
	CHX	D	-0.01%
	KNF	C	-0.01%
	FCFS	D	-0.01%
	WLK	F	-0.01%
	NEU	C	-0.01%
	KBR	B	-0.01%
	MASI	B	-0.01%
	RLI	A	-0.01%
	GNTX	C	-0.01%
	LIVN	C	-0.0%
	IPGP	C	-0.0%
	CPRI	F	-0.0%
	SMG	D	-0.0%
	VC	D	-0.0%
	AZTA	F	-0.0%
	SYNA	D	-0.0%
	AMED	F	-0.0%
	SAM	B	-0.0%
	NSP	F	-0.0%
	NSA	D	-0.0%

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 Insurance Products Beverage

IUSG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Semiconductors Oil & Gas E&P Biotechnology Building Materials Specialty Retail Diagnostics & Research Specialty Chemicals Restaurants Banks - Regional - US Leisure Semiconductor Equipment & Materials Asset Management Capital Markets Medical Care Medical Devices REIT - Industrial Resorts & Casinos

Keywords: S&P 500 Nasdaq 100 Computing Electronics Natural Gas Chemical Mining Semiconductor Aerospace Insurance Construction IBD 50 Integrated Circuits Medicine Building Materials Real Estate Investment Trust Telecommunications Banking Transport Dow Jones Component