CVLC vs. MFUS ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS)

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

$73.95

Average Daily Volume

15,853

Number of Holdings ^*

767

* may have additional holdings in another (foreign) market

MFUS

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

MFUS Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor U.S. Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor U.S. Index. The underlying index is constructed by RAFI Indices, LLC (the index provider) using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality, momentum and size.

Grade (RS Rating)

Last Trade

$50.82

Average Daily Volume

5,379

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	MFUS
30 Days	1.30%	-1.11%
60 Days	3.96%	1.55%
90 Days	6.64%	4.69%
12 Months	33.20%	30.86%

508 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in MFUS	Overlap
	A	F	0.09%	0.05%	0.05%
	AAPL	C	6.29%	0.96%	0.96%
	ABBV	F	0.79%	1.36%	0.79%
	ABG	B	0.01%	0.08%	0.01%
	ACI	C	0.02%	0.01%	0.01%
	ACM	B	0.04%	0.03%	0.03%
	ACN	C	0.47%	0.25%	0.25%
	ADBE	F	0.47%	0.04%	0.04%
	ADP	B	0.26%	0.11%	0.11%
	ADSK	B	0.14%	0.09%	0.09%
	AES	F	0.02%	0.01%	0.01%
	AFL	C	0.13%	0.21%	0.13%
	AGCO	D	0.02%	0.02%	0.02%
	AGNC	C	0.02%	0.04%	0.02%
	AIG	A	0.12%	0.34%	0.12%
	AJG	A	0.14%	0.16%	0.14%
	AKAM	F	0.03%	0.02%	0.02%
	ALGN	C	0.03%	0.01%	0.01%
	ALL	A	0.12%	0.26%	0.12%
	ALLY	C	0.03%	0.05%	0.03%
	ALNY	D	0.08%	0.06%	0.06%
	ALSN	A	0.03%	0.11%	0.03%
	AMAT	F	0.32%	0.55%	0.32%
	AMG	A	0.01%	0.06%	0.01%
	AMGN	F	0.38%	0.94%	0.38%
	AMP	A	0.14%	0.18%	0.14%
	AMT	D	0.22%	0.13%	0.13%
	AMZN	B	3.69%	1.71%	1.71%
	AN	D	0.01%	0.06%	0.01%
	ANET	C	0.23%	0.14%	0.14%
	ANF	C	0.01%	0.25%	0.01%
	ANSS	B	0.06%	0.05%	0.05%
	AON	A	0.2%	0.24%	0.2%
	AOS	F	0.03%	0.08%	0.03%
	APG	C	0.02%	0.02%	0.02%
	APH	B	0.24%	0.12%	0.12%
	APP	A	0.07%	0.11%	0.07%
	ARES	B	0.08%	0.09%	0.08%
	ARMK	C	0.03%	0.01%	0.01%
	ARW	D	0.01%	0.04%	0.01%
	ATI	D	0.04%	0.04%	0.04%
	ATR	B	0.03%	0.08%	0.03%
	AVB	B	0.08%	0.03%	0.03%
	AVGO	C	1.65%	1.59%	1.59%
	AVT	C	0.01%	0.04%	0.01%
	AVTR	F	0.03%	0.03%	0.03%
	AVY	D	0.04%	0.09%	0.04%
	AWI	B	0.01%	0.04%	0.01%
	AXP	B	0.41%	0.23%	0.23%
	AXTA	A	0.02%	0.02%	0.02%
	AYI	B	0.03%	0.1%	0.03%
	AZO	A	0.11%	0.28%	0.11%
	BAC	A	0.72%	0.45%	0.45%
	BAH	D	0.05%	0.15%	0.05%
	BALL	D	0.05%	0.07%	0.05%
	BAX	F	0.04%	0.04%	0.04%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	D	0.04%	0.21%	0.04%
	BC	D	0.02%	0.06%	0.02%
	BCC	A	0.01%	0.07%	0.01%
	BDX	F	0.15%	0.11%	0.11%
	BEN	C	0.01%	0.02%	0.01%
	BERY	C	0.02%	0.06%	0.02%
	BFAM	F	0.01%	0.02%	0.01%
	BIIB	F	0.06%	0.07%	0.06%
	BJ	B	0.02%	0.03%	0.02%
	BK	A	0.14%	0.18%	0.14%
	BKNG	A	0.35%	0.42%	0.35%
	BKR	A	0.23%	0.08%	0.08%
	BLD	F	0.03%	0.03%	0.03%
	BMRN	F	0.03%	0.01%	0.01%
	BMY	B	0.25%	0.41%	0.25%
	BR	A	0.05%	0.17%	0.05%
	BRKR	F	0.01%	0.02%	0.01%
	BRO	B	0.06%	0.12%	0.06%
	BSX	A	0.28%	0.2%	0.2%
	BURL	A	0.03%	0.03%	0.03%
	BWA	B	0.02%	0.01%	0.01%
	BX	A	0.31%	0.13%	0.13%
	BXP	D	0.03%	0.02%	0.02%
	C	A	0.32%	0.69%	0.32%
	CACC	D	0.01%	0.01%	0.01%
	CADE	B	0.02%	0.01%	0.01%
	CAG	F	0.04%	0.04%	0.04%
	CARR	D	0.18%	0.05%	0.05%
	CASY	B	0.04%	0.16%	0.04%
	CAT	B	0.53%	0.2%	0.2%
	CBRE	B	0.1%	0.05%	0.05%
	CBSH	A	0.02%	0.01%	0.01%
	CBT	C	0.02%	0.05%	0.02%
	CCI	C	0.11%	0.07%	0.07%
	CCK	D	0.03%	0.06%	0.03%
	CDP	C	0.01%	0.03%	0.01%
	CDW	F	0.06%	0.03%	0.03%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.18%	0.11%	0.11%
	CFG	A	0.05%	0.04%	0.04%
	CFR	B	0.02%	0.01%	0.01%
	CG	B	0.03%	0.03%	0.03%
	CHD	A	0.05%	0.07%	0.05%
	CHE	D	0.02%	0.06%	0.02%
	CHRW	A	0.03%	0.14%	0.03%
	CHTR	B	0.08%	0.3%	0.08%
	CI	D	0.19%	0.13%	0.13%
	CINF	A	0.06%	0.02%	0.02%
	CL	C	0.15%	0.35%	0.15%
	CLH	C	0.03%	0.04%	0.03%
	CLX	A	0.04%	0.12%	0.04%
	CMA	B	0.02%	0.04%	0.02%
	CMC	B	0.04%	0.06%	0.04%
	CMCSA	B	0.36%	0.16%	0.16%
	CME	A	0.2%	0.14%	0.14%
	CMG	B	0.22%	0.2%	0.2%
	CMI	A	0.13%	0.14%	0.13%
	CMS	C	0.05%	0.03%	0.03%
	CNC	F	0.07%	0.04%	0.04%
	CNM	C	0.02%	0.01%	0.01%
	COF	B	0.18%	0.29%	0.18%
	COHR	C	0.04%	0.03%	0.03%
	COIN	A	0.12%	0.1%	0.1%
	COKE	D	0.02%	0.03%	0.02%
	COLD	F	0.02%	0.03%	0.02%
	COOP	B	0.01%	0.05%	0.01%
	COST	B	0.79%	1.35%	0.79%
	CPB	D	0.03%	0.04%	0.03%
	CPRT	A	0.11%	0.09%	0.09%
	CPT	D	0.03%	0.06%	0.03%
	CROX	F	0.01%	0.01%	0.01%
	CRUS	F	0.01%	0.04%	0.01%
	CSCO	B	0.48%	0.68%	0.48%
	CSL	C	0.11%	0.02%	0.02%
	CTAS	B	0.15%	0.19%	0.15%
	CTLT	D	0.02%	0.02%	0.02%
	CUBE	C	0.03%	0.04%	0.03%
	CVLT	B	0.02%	0.04%	0.02%
	CVS	D	0.17%	0.65%	0.17%
	CW	B	0.04%	0.11%	0.04%
	CWEN	C	0.01%	0.01%	0.01%
	D	C	0.12%	0.07%	0.07%
	DCI	B	0.03%	0.04%	0.03%
	DECK	A	0.05%	0.17%	0.05%
	DELL	B	0.08%	0.03%	0.03%
	DFS	B	0.11%	0.1%	0.1%
	DG	F	0.03%	0.09%	0.03%
	DGX	A	0.04%	0.09%	0.04%
	DHI	F	0.12%	0.06%	0.06%
	DHR	F	0.36%	0.24%	0.24%
	DKS	D	0.02%	0.08%	0.02%
	DLB	D	0.01%	0.02%	0.01%
	DLR	A	0.14%	0.09%	0.09%
	DLTR	F	0.03%	0.03%	0.03%
	DOV	B	0.08%	0.04%	0.04%
	DOX	D	0.02%	0.03%	0.02%
	DPZ	C	0.04%	0.13%	0.04%
	DRI	B	0.06%	0.03%	0.03%
	DTE	C	0.06%	0.02%	0.02%
	DVA	C	0.02%	0.16%	0.02%
	DY	C	0.01%	0.01%	0.01%
	EA	A	0.08%	0.18%	0.08%
	EBAY	D	0.06%	0.36%	0.06%
	ECL	D	0.17%	0.08%	0.08%
	ED	D	0.08%	0.05%	0.05%
	EFX	F	0.07%	0.11%	0.07%
	EHC	B	0.02%	0.09%	0.02%
	ELAN	D	0.01%	0.01%	0.01%
	ELS	B	0.03%	0.04%	0.03%
	ELV	F	0.22%	0.16%	0.16%
	EME	B	0.06%	0.04%	0.04%
	EMN	C	0.03%	0.04%	0.03%
	EMR	A	0.2%	0.09%	0.09%
	EQH	B	0.04%	0.08%	0.04%
	EQR	C	0.06%	0.04%	0.04%
	ES	C	0.05%	0.03%	0.03%
	ESAB	B	0.02%	0.01%	0.01%
	ESI	B	0.02%	0.01%	0.01%
	ESNT	D	0.01%	0.01%	0.01%
	ESS	A	0.05%	0.04%	0.04%
	EVR	B	0.03%	0.13%	0.03%
	EVRG	A	0.03%	0.02%	0.02%
	EWBC	A	0.04%	0.02%	0.02%
	EXC	C	0.09%	0.07%	0.07%
	EXEL	B	0.02%	0.05%	0.02%
	EXPD	D	0.04%	0.11%	0.04%
	EXR	C	0.08%	0.11%	0.08%
	F	C	0.1%	0.16%	0.1%
	FAF	C	0.01%	0.02%	0.01%
	FAST	B	0.09%	0.13%	0.09%
	FCN	F	0.02%	0.05%	0.02%
	FCNCA	A	0.07%	0.06%	0.06%
	FDS	A	0.04%	0.04%	0.04%
	FELE	B	0.01%	0.01%	0.01%
	FFIV	B	0.03%	0.06%	0.03%
	FHN	A	0.03%	0.01%	0.01%
	FI	A	0.25%	0.19%	0.19%
	FICO	A	0.11%	0.25%	0.11%
	FIS	A	0.1%	0.07%	0.07%
	FITB	A	0.08%	0.04%	0.04%
	FIX	A	0.04%	0.06%	0.04%
	FLO	D	0.01%	0.04%	0.01%
	FR	D	0.02%	0.01%	0.01%
	FTNT	B	0.11%	0.07%	0.07%
	G	A	0.01%	0.06%	0.01%
	GAP	C	0.01%	0.06%	0.01%
	GATX	A	0.01%	0.04%	0.01%
	GE	D	0.5%	0.56%	0.5%
	GEHC	D	0.08%	0.07%	0.07%
	GEN	B	0.03%	0.11%	0.03%
	GGG	A	0.04%	0.03%	0.03%
	GILD	B	0.25%	0.87%	0.25%
	GIS	D	0.1%	0.17%	0.1%
	GLW	B	0.08%	0.2%	0.08%
	GM	B	0.15%	0.4%	0.15%
	GME	C	0.01%	0.02%	0.01%
	GMED	A	0.02%	0.03%	0.02%
	GPK	D	0.02%	0.08%	0.02%
	GS	A	0.46%	0.41%	0.41%
	GWRE	A	0.03%	0.02%	0.02%
	GWW	B	0.1%	0.21%	0.1%
	H	B	0.01%	0.01%	0.01%
	HBAN	A	0.06%	0.03%	0.03%
	HD	A	0.76%	0.62%	0.62%
	HEI	A	0.07%	0.04%	0.04%
	HIG	A	0.08%	0.06%	0.06%
	HLI	B	0.02%	0.08%	0.02%
	HLT	A	0.13%	0.1%	0.1%
	HOG	D	0.01%	0.02%	0.01%
	HOLX	D	0.04%	0.03%	0.03%
	HPE	B	0.06%	0.11%	0.06%
	HPQ	A	0.07%	0.28%	0.07%
	HRB	D	0.02%	0.08%	0.02%
	HRL	F	0.03%	0.02%	0.02%
	HSIC	C	0.02%	0.03%	0.02%
	HST	D	0.03%	0.02%	0.02%
	HSY	F	0.07%	0.05%	0.05%
	HUBB	B	0.07%	0.03%	0.03%
	HXL	F	0.01%	0.03%	0.01%
	IBKR	A	0.04%	0.06%	0.04%
	IBM	D	0.41%	1.05%	0.41%
	ICE	C	0.22%	0.29%	0.22%
	IDXX	F	0.08%	0.05%	0.05%
	IEX	B	0.05%	0.09%	0.05%
	IFF	F	0.06%	0.03%	0.03%
	INCY	B	0.03%	0.01%	0.01%
	INGR	B	0.03%	0.07%	0.03%
	INTC	C	0.22%	0.2%	0.2%
	IPG	F	0.03%	0.04%	0.03%
	IR	B	0.12%	0.09%	0.09%
	IRM	D	0.07%	0.12%	0.07%
	ISRG	A	0.4%	0.29%	0.29%
	IT	B	0.09%	0.15%	0.09%
	ITT	A	0.03%	0.08%	0.03%
	ITW	B	0.23%	0.1%	0.1%
	IVZ	B	0.02%	0.03%	0.02%
	JBHT	C	0.04%	0.02%	0.02%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.15%	0.07%	0.07%
	JEF	A	0.03%	0.03%	0.03%
	JHG	A	0.01%	0.04%	0.01%
	JKHY	D	0.03%	0.1%	0.03%
	JLL	C	0.03%	0.06%	0.03%
	JNPR	D	0.03%	0.13%	0.03%
	JPM	A	1.43%	0.99%	0.99%
	JXN	B	0.02%	0.1%	0.02%
	K	B	0.06%	0.15%	0.06%
	KBH	D	0.01%	0.03%	0.01%
	KD	A	0.01%	0.05%	0.01%
	KDP	F	0.1%	0.07%	0.07%
	KEY	A	0.05%	0.03%	0.03%
	KHC	F	0.08%	0.15%	0.08%
	KIM	A	0.04%	0.02%	0.02%
	KKR	A	0.25%	0.15%	0.15%
	KLAC	F	0.19%	0.23%	0.19%
	KMB	C	0.09%	0.16%	0.09%
	KNX	B	0.02%	0.01%	0.01%
	KO	D	0.57%	1.0%	0.57%
	KR	B	0.12%	0.38%	0.12%
	LAD	A	0.02%	0.02%	0.02%
	LAMR	D	0.03%	0.05%	0.03%
	LANC	D	0.01%	0.04%	0.01%
	LBRDK	C	0.03%	0.03%	0.03%
	LEA	F	0.01%	0.01%	0.01%
	LECO	C	0.03%	0.06%	0.03%
	LEN	D	0.1%	0.06%	0.06%
	LII	A	0.05%	0.21%	0.05%
	LLY	F	1.32%	2.39%	1.32%
	LNC	B	0.02%	0.03%	0.02%
	LNT	A	0.04%	0.02%	0.02%
	LOW	A	0.29%	0.35%	0.29%
	LPLA	A	0.06%	0.07%	0.06%
	LPX	A	0.01%	0.08%	0.01%
	LRCX	F	0.21%	0.17%	0.17%
	LSTR	D	0.02%	0.09%	0.02%
	LW	C	0.03%	0.03%	0.03%
	M	D	0.01%	0.02%	0.01%
	MA	A	0.9%	0.28%	0.28%
	MAA	A	0.04%	0.02%	0.02%
	MANH	D	0.04%	0.03%	0.03%
	MAR	A	0.14%	0.04%	0.04%
	MAS	D	0.03%	0.06%	0.03%
	MCO	D	0.16%	0.15%	0.15%
	MDLZ	F	0.25%	0.23%	0.23%
	MET	A	0.12%	0.32%	0.12%
	MHK	D	0.02%	0.01%	0.01%
	MKC	D	0.06%	0.05%	0.05%
	MKSI	C	0.02%	0.01%	0.01%
	MKTX	D	0.02%	0.02%	0.02%
	MLI	B	0.03%	0.09%	0.03%
	MMC	C	0.27%	0.2%	0.2%
	MMS	D	0.01%	0.05%	0.01%
	MNST	B	0.11%	0.07%	0.07%
	MOG.A	B	0.02%	0.05%	0.02%
	MORN	B	0.02%	0.03%	0.02%
	MOS	D	0.02%	0.01%	0.01%
	MPWR	F	0.08%	0.06%	0.06%
	MRK	F	0.57%	0.84%	0.57%
	MSA	D	0.02%	0.02%	0.02%
	MSCI	A	0.1%	0.07%	0.07%
	MSI	A	0.16%	0.2%	0.16%
	MSM	D	0.01%	0.06%	0.01%
	MTB	A	0.09%	0.04%	0.04%
	MTD	F	0.06%	0.08%	0.06%
	MTG	C	0.02%	0.02%	0.02%
	MTH	D	0.02%	0.06%	0.02%
	MTN	C	0.01%	0.05%	0.01%
	MU	D	0.26%	0.16%	0.16%
	NBIX	D	0.03%	0.04%	0.03%
	NDAQ	A	0.08%	0.05%	0.05%
	NDSN	C	0.04%	0.04%	0.04%
	NEE	C	0.37%	0.22%	0.22%
	NFG	A	0.01%	0.05%	0.01%
	NFLX	A	0.7%	0.52%	0.52%
	NI	A	0.04%	0.02%	0.02%
	NKE	F	0.18%	0.06%	0.06%
	NNN	C	0.02%	0.01%	0.01%
	NOW	B	0.43%	0.36%	0.36%
	NRG	B	0.05%	0.07%	0.05%
	NSIT	F	0.01%	0.05%	0.01%
	NTAP	D	0.05%	0.1%	0.05%
	NTRS	A	0.05%	0.03%	0.03%
	NUE	D	0.22%	0.08%	0.08%
	NVDA	B	6.41%	1.9%	1.9%
	NVR	D	0.06%	0.09%	0.06%
	NXST	D	0.01%	0.05%	0.01%
	NYT	D	0.02%	0.03%	0.02%
	O	D	0.12%	0.05%	0.05%
	OC	A	0.09%	0.02%	0.02%
	ODFL	B	0.1%	0.02%	0.02%
	OGN	F	0.01%	0.04%	0.01%
	OHI	C	0.02%	0.02%	0.02%
	OMC	C	0.04%	0.06%	0.04%
	OMF	A	0.02%	0.03%	0.02%
	ONB	B	0.02%	0.01%	0.01%
	ORCL	A	0.61%	1.52%	0.61%
	ORLY	B	0.14%	0.2%	0.14%
	OSK	B	0.02%	0.04%	0.02%
	OTIS	C	0.11%	0.07%	0.07%
	PAG	B	0.01%	0.02%	0.01%
	PANW	B	0.26%	0.25%	0.25%
	PARA	D	0.02%	0.01%	0.01%
	PAYX	B	0.1%	0.04%	0.04%
	PB	A	0.02%	0.01%	0.01%
	PEG	C	0.1%	0.06%	0.06%
	PEP	F	0.55%	0.74%	0.55%
	PFE	F	0.34%	0.57%	0.34%
	PFG	A	0.05%	0.01%	0.01%
	PFSI	D	0.01%	0.02%	0.01%
	PG	C	0.75%	1.01%	0.75%
	PGR	B	0.37%	0.59%	0.37%
	PH	B	0.25%	0.14%	0.14%
	PHM	D	0.06%	0.1%	0.06%
	PKG	B	0.06%	0.1%	0.06%
	PNC	A	0.2%	0.12%	0.12%
	PNR	A	0.05%	0.02%	0.02%
	POOL	D	0.03%	0.07%	0.03%
	PPG	D	0.08%	0.04%	0.04%
	PRU	A	0.11%	0.23%	0.11%
	PSA	C	0.12%	0.09%	0.09%
	PSN	C	0.01%	0.02%	0.01%
	PSTG	F	0.03%	0.04%	0.03%
	PTC	B	0.05%	0.04%	0.04%
	PVH	C	0.01%	0.02%	0.01%
	PWR	A	0.11%	0.12%	0.11%
	PYPL	A	0.17%	0.12%	0.12%
	QCOM	F	0.4%	0.77%	0.4%
	QRVO	F	0.01%	0.01%	0.01%
	R	B	0.02%	0.07%	0.02%
	RDN	D	0.01%	0.01%	0.01%
	REGN	F	0.19%	0.36%	0.19%
	RF	A	0.06%	0.02%	0.02%
	RGA	A	0.04%	0.06%	0.04%
	RHI	C	0.02%	0.02%	0.02%
	RL	B	0.02%	0.03%	0.02%
	RMD	C	0.08%	0.16%	0.08%
	ROL	A	0.03%	0.07%	0.03%
	ROP	C	0.13%	0.06%	0.06%
	RPRX	F	0.02%	0.03%	0.02%
	RS	B	0.1%	0.04%	0.04%
	RSG	B	0.1%	0.13%	0.1%
	RVTY	D	0.03%	0.01%	0.01%
	SAIC	D	0.02%	0.01%	0.01%
	SBAC	C	0.06%	0.03%	0.03%
	SBUX	A	0.3%	0.09%	0.09%
	SCHW	A	0.28%	0.05%	0.05%
	SCI	A	0.03%	0.07%	0.03%
	SEE	D	0.01%	0.06%	0.01%
	SEIC	A	0.02%	0.09%	0.02%
	SF	A	0.03%	0.02%	0.02%
	SFM	B	0.04%	0.25%	0.04%
	SHW	C	0.24%	0.22%	0.22%
	SIG	C	0.01%	0.04%	0.01%
	SIGI	B	0.01%	0.01%	0.01%
	SJM	D	0.03%	0.04%	0.03%
	SKX	F	0.02%	0.02%	0.02%
	SLGN	A	0.01%	0.05%	0.01%
	SLM	A	0.01%	0.06%	0.01%
	SMCI	F	0.02%	0.05%	0.02%
	SNV	B	0.02%	0.02%	0.02%
	SON	D	0.01%	0.04%	0.01%
	SPG	A	0.14%	0.16%	0.14%
	SPGI	C	0.34%	0.29%	0.29%
	SQ	A	0.09%	0.06%	0.06%
	SRE	A	0.13%	0.08%	0.08%
	SSB	B	0.02%	0.01%	0.01%
	SSNC	C	0.03%	0.02%	0.02%
	STE	D	0.05%	0.07%	0.05%
	STLD	B	0.12%	0.04%	0.04%
	SUI	D	0.04%	0.05%	0.04%
	SWX	A	0.01%	0.01%	0.01%
	SYF	B	0.07%	0.31%	0.07%
	SYY	B	0.11%	0.12%	0.11%
	T	A	0.33%	0.73%	0.33%
	TER	F	0.04%	0.03%	0.03%
	TFC	A	0.15%	0.09%	0.09%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.74%	0.13%
	THG	A	0.01%	0.05%	0.01%
	THO	B	0.01%	0.07%	0.01%
	TJX	A	0.26%	0.37%	0.26%
	TKR	F	0.01%	0.04%	0.01%
	TMHC	B	0.02%	0.09%	0.02%
	TMO	F	0.47%	0.28%	0.28%
	TMUS	A	0.24%	0.43%	0.24%
	TNET	F	0.01%	0.01%	0.01%
	TOL	B	0.04%	0.06%	0.04%
	TPR	A	0.02%	0.01%	0.01%
	TPX	A	0.02%	0.03%	0.02%
	TROW	A	0.06%	0.09%	0.06%
	TRV	A	0.14%	0.2%	0.14%
	TSCO	D	0.06%	0.11%	0.06%
	TTC	D	0.02%	0.06%	0.02%
	TTEK	F	0.03%	0.01%	0.01%
	TTWO	A	0.06%	0.07%	0.06%
	TW	A	0.04%	0.06%	0.04%
	TXN	B	0.41%	0.29%	0.29%
	TXRH	B	0.04%	0.06%	0.04%
	TYL	B	0.05%	0.08%	0.05%
	UBER	F	0.31%	0.21%	0.21%
	UDR	C	0.03%	0.03%	0.03%
	UFPI	C	0.02%	0.07%	0.02%
	UGI	C	0.01%	0.01%	0.01%
	ULTA	F	0.04%	0.04%	0.04%
	UNH	B	1.14%	0.79%	0.79%
	UNM	A	0.03%	0.04%	0.03%
	UNP	D	0.35%	0.51%	0.35%
	UPS	C	0.23%	0.24%	0.23%
	URI	B	0.16%	0.09%	0.09%
	USB	A	0.2%	0.11%	0.11%
	USFD	B	0.04%	0.05%	0.04%
	UTHR	C	0.04%	0.19%	0.04%
	V	A	1.07%	0.31%	0.31%
	VFC	C	0.02%	0.02%	0.02%
	VLTO	D	0.05%	0.04%	0.04%
	VNO	C	0.02%	0.07%	0.02%
	VNT	C	0.01%	0.01%	0.01%
	VRSK	B	0.09%	0.16%	0.09%
	VRSN	F	0.03%	0.04%	0.03%
	VRTX	C	0.28%	0.22%	0.22%
	VTR	C	0.06%	0.04%	0.04%
	VZ	C	0.36%	1.0%	0.36%
	WAB	B	0.1%	0.05%	0.05%
	WAL	B	0.03%	0.02%	0.02%
	WAT	B	0.05%	0.05%	0.05%
	WBS	A	0.03%	0.02%	0.02%
	WCC	B	0.02%	0.09%	0.02%
	WDC	F	0.05%	0.08%	0.05%
	WELL	A	0.2%	0.12%	0.12%
	WFC	A	0.61%	0.97%	0.61%
	WH	B	0.02%	0.04%	0.02%
	WHR	A	0.01%	0.03%	0.01%
	WM	B	0.21%	0.28%	0.21%
	WMS	F	0.03%	0.02%	0.02%
	WMT	A	0.71%	1.71%	0.71%
	WPC	D	0.03%	0.03%	0.03%
	WRB	A	0.04%	0.02%	0.02%
	WSM	D	0.03%	0.18%	0.03%
	WSO	A	0.05%	0.17%	0.05%
	WST	C	0.05%	0.05%	0.05%
	WTFC	A	0.02%	0.01%	0.01%
	WTM	A	0.01%	0.04%	0.01%
	WTW	B	0.08%	0.11%	0.08%
	WWD	B	0.03%	0.01%	0.01%
	XPO	B	0.04%	0.04%	0.04%
	XRAY	F	0.01%	0.02%	0.01%
	XYL	D	0.08%	0.1%	0.08%
	YUM	D	0.11%	0.13%	0.11%
	ZBRA	B	0.04%	0.04%	0.04%
	ZION	A	0.02%	0.02%	0.02%
	ZTS	D	0.17%	0.05%	0.05%

CVLC Overweight 259 Positions Relative to MFUS

	Symbol	Grade	Weight
	MSFT	D	5.74%
	GOOGL	B	3.71%
	TSLA	A	1.65%
	CRM	B	0.6%
	LIN	D	0.53%
	AMD	F	0.49%
	ABT	A	0.45%
	ETN	B	0.4%
	DIS	B	0.39%
	INTU	B	0.37%
	DE	C	0.29%
	SYK	A	0.29%
	MDT	D	0.26%
	PLD	D	0.25%
	TT	A	0.24%
	ADI	D	0.23%
	GEV	B	0.22%
	VMC	B	0.21%
	EQIX	A	0.2%
	OXY	D	0.19%
	APD	A	0.19%
	SNPS	C	0.18%
	PCAR	B	0.17%
	CDNS	B	0.17%
	MRVL	B	0.16%
	APO	A	0.16%
	FDX	A	0.15%
	CRWD	B	0.15%
	ABNB	C	0.13%
	TTD	B	0.12%
	AME	A	0.12%
	VRT	A	0.12%
	WDAY	C	0.11%
	KVUE	A	0.09%
	EW	C	0.09%
	IQV	F	0.09%
	XEL	A	0.09%
	ROST	D	0.09%
	ACGL	D	0.09%
	AXON	A	0.09%
	ROK	B	0.09%
	DAL	A	0.09%
	SW	A	0.08%
	HUM	D	0.08%
	KEYS	C	0.08%
	SNOW	C	0.08%
	DDOG	B	0.08%
	MCHP	F	0.08%
	CTSH	B	0.08%
	LULU	C	0.07%
	VEEV	C	0.07%
	CSGP	F	0.07%
	STT	A	0.07%
	FTV	D	0.07%
	WEC	A	0.07%
	RJF	A	0.07%
	TEAM	B	0.07%
	RBLX	B	0.06%
	AEE	A	0.06%
	NET	B	0.06%
	DXCM	C	0.06%
	HUBS	B	0.06%
	TDY	B	0.06%
	AWK	C	0.06%
	ON	F	0.06%
	STX	D	0.05%
	ARE	F	0.05%
	TRMB	B	0.05%
	ZBH	C	0.05%
	SNA	A	0.05%
	CBOE	C	0.05%
	CVNA	A	0.05%
	ILMN	C	0.05%
	SAIA	C	0.04%
	NVT	C	0.04%
	PODD	A	0.04%
	PFGC	B	0.04%
	ZS	B	0.04%
	DOC	D	0.04%
	FSLR	D	0.04%
	EG	D	0.04%
	SWK	F	0.04%
	MRNA	F	0.04%
	AMCR	D	0.04%
	MDB	C	0.04%
	PINS	F	0.04%
	MOH	F	0.04%
	LYV	A	0.04%
	WBD	B	0.04%
	LH	B	0.04%
	ZM	B	0.04%
	WY	D	0.04%
	TRU	D	0.04%
	DUOL	B	0.03%
	SRPT	F	0.03%
	OKTA	D	0.03%
	SNAP	D	0.03%
	WING	F	0.03%
	DAY	B	0.03%
	CNH	C	0.03%
	AFRM	A	0.03%
	TOST	A	0.03%
	TECH	F	0.03%
	WTRG	B	0.03%
	AIT	A	0.03%
	EL	F	0.03%
	SWKS	F	0.03%
	DT	C	0.03%
	SOFI	A	0.03%
	OWL	A	0.03%
	REG	A	0.03%
	NTNX	B	0.03%
	DOCU	B	0.03%
	TWLO	A	0.03%
	ENTG	F	0.03%
	SUM	B	0.03%
	RRX	B	0.03%
	APTV	F	0.03%
	BG	D	0.03%
	GPC	D	0.03%
	RNR	D	0.03%
	ALLE	D	0.03%
	FSS	B	0.02%
	SMAR	A	0.02%
	ITRI	B	0.02%
	MOD	C	0.02%
	HLNE	B	0.02%
	ALK	A	0.02%
	S	C	0.02%
	ESTC	C	0.02%
	TREX	C	0.02%
	LSCC	D	0.02%
	PLNT	A	0.02%
	BIO	D	0.02%
	GXO	B	0.02%
	WTS	A	0.02%
	RHP	B	0.02%
	AXS	A	0.02%
	WEX	F	0.02%
	BCPC	B	0.02%
	HAS	D	0.02%
	GKOS	B	0.02%
	RIVN	F	0.02%
	RYAN	B	0.02%
	STAG	D	0.02%
	RGEN	F	0.02%
	HALO	D	0.02%
	OLED	F	0.02%
	BRBR	A	0.02%
	BPOP	D	0.02%
	DAR	B	0.02%
	HQY	A	0.02%
	ENSG	D	0.02%
	LFUS	D	0.02%
	WSC	F	0.02%
	ALV	C	0.02%
	NOVT	D	0.02%
	BMI	C	0.02%
	ONTO	F	0.02%
	SNX	C	0.02%
	ENPH	F	0.02%
	VMI	B	0.02%
	ROKU	C	0.02%
	PCTY	B	0.02%
	PEN	B	0.02%
	GTLS	A	0.02%
	LKQ	F	0.02%
	VOYA	A	0.02%
	MEDP	D	0.02%
	CGNX	D	0.02%
	FRPT	B	0.02%
	CIEN	B	0.02%
	BRX	A	0.02%
	FBIN	F	0.02%
	MTZ	B	0.02%
	FMC	F	0.02%
	FND	F	0.02%
	MIDD	C	0.02%
	AAL	B	0.02%
	SSD	D	0.02%
	ORI	A	0.02%
	FLS	A	0.02%
	EXAS	F	0.02%
	REXR	F	0.02%
	FRT	C	0.02%
	PNFP	A	0.02%
	EPAM	B	0.02%
	KMX	B	0.02%
	GL	B	0.02%
	AFG	A	0.02%
	PRI	A	0.02%
	CRL	D	0.02%
	KNSL	B	0.02%
	PAYC	B	0.02%
	Z	A	0.02%
	COTY	F	0.01%
	COLM	B	0.01%
	AGR	A	0.01%
	ALGM	F	0.01%
	APLS	F	0.01%
	ZI	D	0.01%
	BOKF	A	0.01%
	CHWY	B	0.01%
	BBIO	F	0.01%
	CWAN	C	0.01%
	CHH	A	0.01%
	OPCH	F	0.01%
	FIVE	F	0.01%
	EEFT	C	0.01%
	WMG	B	0.01%
	RH	C	0.01%
	BCO	F	0.01%
	ATKR	C	0.01%
	TENB	D	0.01%
	LYFT	B	0.01%
	APPF	C	0.01%
	DOCS	B	0.01%
	HCP	B	0.01%
	ELF	C	0.01%
	ZWS	B	0.01%
	EXPO	D	0.01%
	OLLI	D	0.01%
	IONS	F	0.01%
	POR	C	0.01%
	ASH	F	0.01%
	ETSY	D	0.01%
	QLYS	C	0.01%
	VRNS	F	0.01%
	BECN	A	0.01%
	MAT	D	0.01%
	ALTR	B	0.01%
	AZEK	B	0.01%
	MMSI	A	0.01%
	IBP	F	0.01%
	OZK	A	0.01%
	RMBS	C	0.01%
	FOUR	A	0.01%
	SITE	D	0.01%
	CFLT	B	0.01%
	EPRT	C	0.01%
	TRNO	D	0.01%
	INSP	F	0.01%
	AL	A	0.01%
	DBX	C	0.01%
	BPMC	C	0.01%
	TPG	A	0.01%
	ST	F	0.01%
	BILL	A	0.01%
	HOMB	A	0.01%
	CELH	F	0.01%
	SPSC	F	0.01%
	STWD	C	0.01%
	IDA	A	0.01%
	KRG	B	0.01%
	CWST	A	0.01%
	FNB	A	0.01%
	EXLS	B	0.01%
	JAZZ	B	0.01%
	LEVI	F	0.0%

CVLC Underweight 307 Positions Relative to MFUS

	Symbol	Grade	Weight
	BRK.A	A	-2.42%
	META	C	-2.35%
	JNJ	D	-1.18%
	PM	A	-0.87%
	LMT	D	-0.75%
	MO	A	-0.73%
	MCK	A	-0.63%
	MMM	D	-0.6%
	MCD	D	-0.53%
	XOM	A	-0.43%
	CVX	A	-0.39%
	NOC	D	-0.35%
	MPC	C	-0.34%
	THC	C	-0.28%
	CAH	A	-0.27%
	LHX	B	-0.26%
	HCA	F	-0.25%
	GD	D	-0.24%
	PLTR	A	-0.23%
	PSX	C	-0.23%
	VST	A	-0.23%
	RTX	D	-0.22%
	ADM	D	-0.22%
	MS	A	-0.22%
	BLK	A	-0.19%
	TSN	A	-0.18%
	HWM	A	-0.17%
	COR	B	-0.17%
	NEM	F	-0.16%
	CB	C	-0.16%
	MUSA	A	-0.16%
	VLO	C	-0.16%
	TDG	D	-0.15%
	LYB	F	-0.15%
	VTRS	A	-0.14%
	SO	C	-0.13%
	DUK	C	-0.13%
	RPM	A	-0.13%
	WBA	F	-0.12%
	GDDY	A	-0.12%
	KMI	A	-0.11%
	TRGP	A	-0.11%
	CRS	A	-0.11%
	DASH	A	-0.11%
	BWXT	A	-0.11%
	CSX	B	-0.11%
	LDOS	C	-0.11%
	FOXA	B	-0.11%
	OKE	A	-0.1%
	WMB	A	-0.1%
	DD	D	-0.1%
	RCL	A	-0.1%
	AIZ	A	-0.09%
	TAP	B	-0.09%
	CALM	A	-0.09%
	IP	A	-0.09%
	CACI	C	-0.09%
	GPI	B	-0.09%
	AEP	C	-0.08%
	SLG	B	-0.08%
	GLPI	C	-0.07%
	EXP	B	-0.07%
	COP	B	-0.07%
	NSC	B	-0.07%
	MLM	B	-0.07%
	SKYW	B	-0.07%
	GEO	A	-0.07%
	CNX	A	-0.07%
	AEO	F	-0.07%
	HCC	B	-0.07%
	STZ	D	-0.06%
	VIRT	A	-0.06%
	ATGE	B	-0.06%
	TPH	D	-0.06%
	BFH	B	-0.06%
	GNRC	B	-0.06%
	KTB	A	-0.06%
	UHS	D	-0.06%
	LUMN	C	-0.06%
	WU	F	-0.06%
	L	A	-0.06%
	PK	D	-0.06%
	TDS	B	-0.05%
	CNO	A	-0.05%
	PRIM	A	-0.05%
	FANG	C	-0.05%
	FLEX	B	-0.05%
	AR	B	-0.05%
	ETR	A	-0.05%
	LOPE	B	-0.05%
	URBN	C	-0.05%
	TGNA	B	-0.05%
	GNTX	D	-0.05%
	CRI	F	-0.05%
	EIX	C	-0.05%
	POST	D	-0.05%
	TEX	D	-0.05%
	GVA	A	-0.05%
	HBI	A	-0.05%
	WEN	C	-0.05%
	BTU	B	-0.05%
	PPL	A	-0.04%
	SEM	B	-0.04%
	AMH	C	-0.04%
	CXW	B	-0.04%
	INVH	D	-0.04%
	SMG	D	-0.04%
	JWN	C	-0.04%
	CTVA	D	-0.04%
	BDC	B	-0.04%
	SLVM	B	-0.04%
	FL	F	-0.04%
	OLN	F	-0.04%
	CPNG	D	-0.04%
	RUSHA	B	-0.04%
	TRN	A	-0.04%
	SANM	B	-0.04%
	BLDR	D	-0.04%
	RGLD	A	-0.04%
	NWSA	B	-0.04%
	BHF	B	-0.04%
	MAC	A	-0.04%
	GBX	A	-0.04%
	HUBG	A	-0.04%
	FTI	A	-0.04%
	MHO	D	-0.04%
	CRBG	B	-0.04%
	HOOD	A	-0.04%
	AROC	A	-0.04%
	ABM	B	-0.04%
	ERIE	F	-0.04%
	WERN	B	-0.04%
	RRC	B	-0.03%
	DRH	B	-0.03%
	PNM	B	-0.03%
	ACA	A	-0.03%
	KMPR	A	-0.03%
	LZB	A	-0.03%
	HAE	B	-0.03%
	UNF	B	-0.03%
	PINC	B	-0.03%
	APAM	A	-0.03%
	FNF	C	-0.03%
	VC	F	-0.03%
	MAN	F	-0.03%
	DK	D	-0.03%
	AMKR	F	-0.03%
	BKE	A	-0.03%
	FHI	A	-0.03%
	MRO	A	-0.03%
	X	C	-0.03%
	PLXS	B	-0.03%
	OI	D	-0.03%
	PRG	B	-0.03%
	APLE	B	-0.03%
	ASO	F	-0.03%
	SHOO	D	-0.03%
	AVA	C	-0.03%
	DBRG	F	-0.03%
	FE	C	-0.03%
	GMS	B	-0.03%
	BKU	A	-0.03%
	RLI	A	-0.03%
	DDS	B	-0.03%
	GNW	A	-0.03%
	SM	C	-0.03%
	CPAY	A	-0.03%
	MC	B	-0.03%
	MATX	B	-0.03%
	MASI	B	-0.03%
	ODP	F	-0.02%
	IOSP	C	-0.02%
	LXP	D	-0.02%
	SAH	B	-0.02%
	KEX	A	-0.02%
	LEG	F	-0.02%
	TTMI	B	-0.02%
	VSH	F	-0.02%
	LAUR	A	-0.02%
	UAL	A	-0.02%
	AA	A	-0.02%
	BHE	B	-0.02%
	GT	C	-0.02%
	PHIN	A	-0.02%
	ATO	A	-0.02%
	ANDE	C	-0.02%
	DOW	F	-0.02%
	NSP	F	-0.02%
	HP	C	-0.02%
	DNOW	B	-0.02%
	REZI	A	-0.02%
	PMT	D	-0.02%
	HNI	B	-0.02%
	WKC	D	-0.02%
	SNDR	B	-0.02%
	OSIS	A	-0.02%
	NAVI	F	-0.02%
	LNW	F	-0.02%
	EPC	D	-0.02%
	KBR	D	-0.02%
	JBLU	D	-0.02%
	VVV	B	-0.02%
	THS	F	-0.02%
	CC	C	-0.02%
	NWL	B	-0.02%
	MDU	D	-0.02%
	SXT	C	-0.02%
	RLJ	C	-0.02%
	YELP	C	-0.02%
	DORM	B	-0.02%
	APOG	B	-0.02%
	SAM	C	-0.02%
	XHR	B	-0.02%
	PDCO	D	-0.02%
	PBF	D	-0.02%
	NTCT	B	-0.02%
	VSCO	A	-0.02%
	MCY	A	-0.02%
	AIR	B	-0.02%
	SBH	A	-0.02%
	HII	F	-0.02%
	VSTO	A	-0.02%
	KSS	F	-0.02%
	CCL	A	-0.02%
	RYN	D	-0.02%
	ADNT	F	-0.02%
	ORA	B	-0.02%
	GEF	B	-0.02%
	NEU	D	-0.02%
	GHC	B	-0.02%
	STC	A	-0.02%
	SVC	F	-0.01%
	AAP	C	-0.01%
	CPRI	F	-0.01%
	NOV	D	-0.01%
	RKT	F	-0.01%
	UHAL	D	-0.01%
	JELD	F	-0.01%
	DINO	D	-0.01%
	SCL	D	-0.01%
	MLKN	F	-0.01%
	IGT	F	-0.01%
	ARI	C	-0.01%
	WOR	F	-0.01%
	CNXN	D	-0.01%
	SPR	D	-0.01%
	CLF	F	-0.01%
	GIII	D	-0.01%
	ECPG	B	-0.01%
	ALEX	B	-0.01%
	UVV	B	-0.01%
	JBGS	F	-0.01%
	HTH	B	-0.01%
	SEB	F	-0.01%
	IMKTA	C	-0.01%
	XRX	F	-0.01%
	SR	A	-0.01%
	OUT	A	-0.01%
	PNW	A	-0.01%
	SHO	D	-0.01%
	WGO	C	-0.01%
	AMED	F	-0.01%
	CNS	B	-0.01%
	KALU	C	-0.01%
	CENTA	C	-0.01%
	CVI	D	-0.01%
	ARCH	B	-0.01%
	PECO	A	-0.01%
	OMI	F	-0.01%
	FDP	A	-0.01%
	WAFD	B	-0.01%
	BRC	C	-0.01%
	SPB	C	-0.01%
	PPC	B	-0.01%
	DAN	F	-0.01%
	WMK	B	-0.01%
	FLR	B	-0.01%
	KN	B	-0.01%
	STRA	C	-0.01%
	DXC	D	-0.01%
	IDCC	A	-0.01%
	LADR	B	-0.01%
	NNI	C	-0.01%
	GES	F	-0.01%
	MUR	D	-0.01%
	CR	B	-0.01%
	ICUI	D	-0.01%
	CSGS	B	-0.01%
	FYBR	C	-0.01%
	HE	D	-0.01%
	PSMT	D	-0.01%
	ADC	A	-0.01%
	SATS	D	-0.01%
	RBC	A	-0.01%
	UHAL	D	-0.01%
	SLB	C	-0.01%
	GOLF	B	-0.01%
	DTM	A	-0.01%
	DEI	B	-0.01%
	AMWD	B	-0.01%
	PTEN	C	-0.01%
	SCS	B	-0.01%
	TDC	F	-0.01%
	SCCO	F	-0.0%
	NOMD	D	-0.0%
	WOLF	F	-0.0%
	HUN	F	-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 Dow Jones Component Insurance Products

MFUS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Business Services Packaged Foods Software - Application Specialty Chemicals Specialty Retail Utilities - Regulated Electric Capital Markets Credit Services Aerospace & Defense Insurance - Property & Casualty REIT - Diversified Building Materials Engineering & Construction Medical Instruments & Supplies Packaging & Containers Information Technology Services REIT - Residential

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