CVLC vs. PALC ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

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

PALC

Pacer Lunt Large Cap Multi-Factor Alternator ETF

PALC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.39

Average Daily Volume

19,012

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	PALC
30 Days	4.12%	4.42%
60 Days	5.53%	6.04%
90 Days	7.26%	8.35%
12 Months	33.80%	36.24%

130 Overlapping Holdings

Symbol	Grade	Weight in CVLC	Weight in PALC	Overlap
ABT	B	0.45%	0.47%	0.45%
ADP	B	0.26%	0.54%	0.26%
AES	F	0.02%	0.11%	0.02%
AJG	B	0.14%	0.46%	0.14%
AKAM	D	0.03%	0.09%	0.03%
AME	A	0.13%	0.24%	0.13%
AMGN	D	0.34%	1.59%	0.34%
AMP	A	0.14%	0.45%	0.14%
AMT	D	0.22%	0.88%	0.22%
AON	A	0.2%	1.04%	0.2%
APD	A	0.2%	0.44%	0.2%
AVB	B	0.08%	0.45%	0.08%
AVY	D	0.04%	0.45%	0.04%
AZO	C	0.11%	0.54%	0.11%
BAC	A	0.75%	1.98%	0.75%
BIIB	F	0.05%	0.14%	0.05%
BK	A	0.14%	0.8%	0.14%
BKNG	A	0.35%	1.26%	0.35%
BR	A	0.06%	0.48%	0.06%
BRO	B	0.06%	0.45%	0.06%
BSX	B	0.29%	0.53%	0.29%
BXP	D	0.03%	0.08%	0.03%
C	A	0.33%	1.0%	0.33%
CCI	D	0.11%	0.33%	0.11%
CHD	B	0.05%	0.53%	0.05%
CHTR	C	0.08%	0.28%	0.08%
CL	D	0.15%	0.6%	0.15%
CME	A	0.2%	0.51%	0.2%
CMS	C	0.05%	0.62%	0.05%
CPRT	A	0.11%	0.33%	0.11%
CTAS	B	0.15%	0.47%	0.15%
CTLT	B	0.02%	0.05%	0.02%
DPZ	C	0.04%	0.14%	0.04%
DTE	C	0.06%	0.45%	0.06%
EA	A	0.08%	0.51%	0.08%
ECL	D	0.17%	0.44%	0.17%
ED	D	0.08%	0.5%	0.08%
EL	F	0.03%	0.1%	0.03%
ES	D	0.05%	0.12%	0.05%
EVRG	A	0.04%	0.51%	0.04%
F	C	0.1%	0.25%	0.1%
FI	A	0.26%	0.54%	0.26%
FICO	B	0.12%	0.56%	0.12%
FMC	D	0.02%	0.04%	0.02%
FRT	B	0.02%	0.44%	0.02%
FTNT	C	0.13%	0.55%	0.13%
GIS	D	0.1%	0.44%	0.1%
GS	A	0.46%	1.95%	0.46%
HIG	B	0.09%	0.44%	0.09%
HLT	A	0.13%	1.0%	0.13%
HOLX	D	0.04%	0.47%	0.04%
HPQ	B	0.07%	0.3%	0.07%
HSIC	B	0.02%	0.06%	0.02%
HUBB	B	0.07%	0.15%	0.07%
ICE	C	0.22%	0.51%	0.22%
ITW	B	0.23%	0.53%	0.23%
JKHY	D	0.03%	0.44%	0.03%
JPM	A	1.44%	2.69%	1.44%
KDP	D	0.09%	0.49%	0.09%
KEY	B	0.04%	0.11%	0.04%
KMB	D	0.09%	0.49%	0.09%
KMX	B	0.02%	0.07%	0.02%
KO	D	0.56%	0.68%	0.56%
LIN	D	0.52%	0.53%	0.52%
LKQ	D	0.02%	0.06%	0.02%
LNT	A	0.04%	0.52%	0.04%
LOW	D	0.31%	1.5%	0.31%
LW	C	0.03%	0.07%	0.03%
LYV	A	0.04%	0.21%	0.04%
MA	C	0.91%	0.54%	0.54%
MAR	B	0.15%	0.64%	0.15%
MAS	D	0.03%	0.16%	0.03%
MDLZ	F	0.24%	0.49%	0.24%
MDT	D	0.25%	0.43%	0.25%
MET	A	0.12%	0.26%	0.12%
MMC	B	0.27%	0.57%	0.27%
MSCI	C	0.1%	0.62%	0.1%
MSI	B	0.17%	0.53%	0.17%
MTD	D	0.06%	0.21%	0.06%
NDAQ	A	0.08%	0.46%	0.08%
NDSN	B	0.04%	0.1%	0.04%
NEE	D	0.38%	0.93%	0.38%
NI	A	0.04%	0.64%	0.04%
NTRS	A	0.05%	0.11%	0.05%
O	D	0.12%	0.46%	0.12%
ORCL	B	0.63%	2.1%	0.63%
ORLY	B	0.14%	1.1%	0.14%
OTIS	C	0.11%	0.84%	0.11%
PAYX	C	0.1%	0.43%	0.1%
PEG	A	0.11%	0.51%	0.11%
PEP	F	0.53%	0.51%	0.51%
PFE	D	0.32%	0.86%	0.32%
PG	A	0.8%	0.6%	0.6%
PKG	A	0.06%	0.44%	0.06%
PPG	F	0.08%	0.45%	0.08%
PTC	A	0.05%	0.12%	0.05%
REG	B	0.03%	0.46%	0.03%
RMD	C	0.08%	0.23%	0.08%
ROP	B	0.12%	0.48%	0.12%
RSG	A	0.1%	0.61%	0.1%
SBAC	D	0.06%	0.31%	0.06%
SBUX	A	0.31%	1.11%	0.31%
SPG	B	0.14%	0.35%	0.14%
SPGI	C	0.35%	0.5%	0.35%
SRE	A	0.14%	0.5%	0.14%
STT	A	0.07%	0.18%	0.07%
STX	D	0.04%	0.13%	0.04%
SYK	C	0.31%	0.47%	0.31%
SYY	B	0.1%	0.43%	0.1%
TECH	D	0.02%	0.06%	0.02%
TFC	A	0.15%	0.34%	0.15%
TJX	A	0.27%	0.51%	0.27%
TMUS	B	0.25%	0.57%	0.25%
TRMB	B	0.05%	0.13%	0.05%
TSLA	B	1.86%	4.13%	1.86%
TTWO	A	0.06%	0.24%	0.06%
UNP	C	0.34%	0.45%	0.34%
V	A	1.09%	0.53%	0.53%
VRSN	F	0.03%	0.62%	0.03%
VRTX	F	0.27%	0.59%	0.27%
VTR	C	0.06%	0.14%	0.06%
WAT	B	0.05%	0.14%	0.05%
WEC	A	0.08%	0.48%	0.08%
WELL	A	0.2%	0.46%	0.2%
WFC	A	0.63%	1.42%	0.63%
WM	A	0.21%	0.48%	0.21%
WMT	A	0.73%	0.47%	0.47%
WTW	B	0.08%	0.49%	0.08%
XYL	D	0.08%	0.23%	0.08%
YUM	B	0.11%	0.9%	0.11%

CVLC Overweight 638 Positions Relative to PALC

Symbol	Grade	Weight
AAPL	C	6.44%
NVDA	C	6.33%
MSFT	F	5.74%
GOOGL	C	3.68%
AMZN	C	3.65%
AVGO	D	1.53%
LLY	F	1.28%
UNH	C	1.15%
HD	A	0.81%
COST	B	0.8%
NFLX	A	0.75%
ABBV	D	0.66%
CRM	B	0.64%
MRK	F	0.55%
CAT	B	0.5%
GE	D	0.5%
CSCO	B	0.49%
ACN	C	0.47%
ADBE	C	0.47%
AMD	F	0.46%
DIS	B	0.46%
NOW	A	0.44%
TMO	F	0.44%
ISRG	A	0.42%
INTU	C	0.4%
IBM	C	0.4%
ETN	A	0.4%
AXP	A	0.4%
TXN	C	0.39%
QCOM	F	0.38%
BLK	C	0.38%
VZ	C	0.37%
PGR	A	0.37%
CMCSA	B	0.35%
DHR	F	0.34%
T	A	0.34%
BX	A	0.32%
UBER	D	0.31%
SCHW	B	0.3%
AMAT	F	0.29%
DE	A	0.28%
PLD	D	0.26%
BMY	B	0.26%
TT	A	0.26%
PANW	C	0.26%
SHW	A	0.25%
GILD	C	0.25%
KKR	A	0.25%
PH	A	0.25%
BKR	B	0.24%
APH	A	0.24%
MU	D	0.23%
CMG	B	0.23%
UPS	C	0.23%
ADI	D	0.22%
INTC	D	0.22%
GEV	B	0.22%
EQIX	A	0.21%
ELV	F	0.21%
CI	F	0.2%
VMC	B	0.2%
EMR	A	0.2%
ANET	C	0.2%
PNC	B	0.2%
PYPL	B	0.19%
NUE	C	0.19%
LRCX	F	0.19%
USB	A	0.19%
KLAC	D	0.18%
CARR	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%
COF	B	0.17%
FDX	B	0.16%
JCI	C	0.16%
MRVL	B	0.16%
PCAR	B	0.16%
CRWD	B	0.16%
COIN	C	0.15%
BDX	F	0.15%
TRV	B	0.15%
CVS	D	0.15%
GM	B	0.15%
URI	B	0.15%
ADSK	A	0.14%
CMI	A	0.14%
AFL	B	0.14%
TGT	F	0.14%
DLR	B	0.14%
ALL	A	0.13%
PSA	D	0.13%
PWR	A	0.12%
WDAY	B	0.12%
IR	B	0.12%
APP	B	0.12%
KR	B	0.12%
D	C	0.12%
ABNB	C	0.12%
AXON	A	0.12%
AIG	B	0.12%
VRT	B	0.12%
MNST	C	0.11%
DFS	B	0.11%
TTD	B	0.11%
STLD	B	0.11%
CSL	C	0.11%
PRU	A	0.11%
DHI	D	0.11%
ODFL	B	0.1%
WAB	B	0.1%
EXC	C	0.1%
CBRE	B	0.1%
SQ	B	0.1%
DAL	C	0.1%
LEN	D	0.1%
FIS	C	0.1%
GWW	B	0.1%
IT	C	0.09%
MTB	A	0.09%
VRSK	A	0.09%
EW	C	0.09%
ROK	B	0.09%
KVUE	A	0.09%
ROST	C	0.09%
ACGL	D	0.09%
OC	A	0.09%
FAST	B	0.09%
RS	B	0.09%
XEL	A	0.09%
GLW	B	0.08%
ARES	A	0.08%
IDXX	F	0.08%
HEI	B	0.08%
DOV	A	0.08%
GEHC	F	0.08%
IQV	D	0.08%
KHC	F	0.08%
DDOG	A	0.08%
FITB	A	0.08%
DELL	C	0.08%
TEAM	A	0.08%
CTSH	B	0.08%
A	D	0.08%
SNOW	C	0.08%
EXR	D	0.08%
NVR	D	0.07%
FCNCA	A	0.07%
VEEV	C	0.07%
EQR	B	0.07%
CNC	D	0.07%
ALNY	D	0.07%
DXCM	D	0.07%
EFX	F	0.07%
LULU	C	0.07%
MCHP	D	0.07%
HUBS	A	0.07%
IRM	D	0.07%
HSY	F	0.07%
KEYS	A	0.07%
FTV	C	0.07%
SW	A	0.07%
RJF	A	0.07%
HUM	C	0.07%
IFF	D	0.06%
DRI	B	0.06%
EME	C	0.06%
MKC	D	0.06%
NET	B	0.06%
MPWR	F	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%
TDY	B	0.06%
ANSS	B	0.06%
HBAN	A	0.06%
SYF	B	0.06%
AWK	D	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%
WBD	C	0.05%
ILMN	D	0.05%
IEX	B	0.05%
STE	F	0.05%
PNR	A	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%
VLTO	D	0.05%
BALL	D	0.05%
CFG	B	0.05%
CBOE	B	0.05%
SNA	A	0.05%
DECK	A	0.05%
CVNA	B	0.05%
TYL	B	0.05%
RBLX	C	0.05%
LII	A	0.05%
ALGN	D	0.04%
MANH	D	0.04%
JBHT	C	0.04%
EWBC	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%
ATI	D	0.04%
FSLR	F	0.04%
FIX	A	0.04%
MOH	F	0.04%
CW	B	0.04%
XPO	B	0.04%
ZS	C	0.04%
EG	C	0.04%
DGX	A	0.04%
EXPD	D	0.04%
SFM	A	0.04%
KIM	A	0.04%
PODD	C	0.04%
FDS	B	0.04%
TRU	D	0.04%
AMCR	D	0.04%
CLX	B	0.04%
OMC	C	0.04%
ZBRA	B	0.04%
CASY	A	0.04%
GGG	B	0.04%
MDB	C	0.04%
BAH	F	0.04%
WY	D	0.04%
LH	C	0.04%
USFD	A	0.04%
ARE	D	0.04%
MAA	B	0.04%
JNPR	F	0.03%
OHI	C	0.03%
WBS	A	0.03%
BLD	D	0.03%
KNSL	B	0.03%
WMS	D	0.03%
DCI	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%
WWD	B	0.03%
POOL	C	0.03%
BMRN	D	0.03%
FHN	A	0.03%
TTEK	F	0.03%
LAMR	D	0.03%
MLI	C	0.03%
EPAM	C	0.03%
DLTR	F	0.03%
ARMK	B	0.03%
AYI	B	0.03%
ALSN	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%
JBL	B	0.03%
JEF	A	0.03%
AFRM	B	0.03%
JLL	D	0.03%
CCK	C	0.03%
RVTY	F	0.03%
CHRW	C	0.03%
CLH	B	0.03%
CPT	B	0.03%
ATR	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%
LECO	B	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%
INCY	C	0.03%
SAIA	B	0.03%
SSNC	B	0.03%
EMN	D	0.03%
APTV	D	0.03%
DG	F	0.03%
GWRE	A	0.03%
UNM	A	0.03%
NVT	B	0.03%
NTNX	A	0.03%
TOST	B	0.03%
DOCU	A	0.03%
GPC	D	0.03%
BURL	A	0.03%
ALLE	D	0.03%
ULTA	F	0.03%
ITT	A	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%
LSTR	D	0.02%
OLED	D	0.02%
CVLT	B	0.02%
GXO	B	0.02%
ENPH	F	0.02%
FCN	D	0.02%
HLNE	B	0.02%
ELAN	D	0.02%
WSC	D	0.02%
WEX	D	0.02%
UFPI	B	0.02%
LPX	B	0.02%
MTH	D	0.02%
G	B	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%
R	B	0.02%
JAZZ	B	0.02%
AGCO	D	0.02%
OMF	A	0.02%
ONTO	D	0.02%
GKOS	B	0.02%
RHI	B	0.02%
CBT	C	0.02%
LFUS	F	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%
MSA	D	0.02%
PLNT	A	0.02%
HQY	B	0.02%
DVA	B	0.02%
TPX	B	0.02%
PCTY	B	0.02%
FBIN	D	0.02%
WCC	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%
CGNX	C	0.02%
DAR	C	0.02%
LAD	A	0.02%
IVZ	B	0.02%
OSK	B	0.02%
SNV	B	0.02%
ESAB	B	0.02%
SMCI	F	0.02%
CNM	D	0.02%
VOYA	B	0.02%
GTLS	B	0.02%
MKSI	C	0.02%
FRPT	B	0.02%
SSB	B	0.02%
PEN	B	0.02%
EXAS	D	0.02%
DOX	D	0.02%
CIEN	B	0.02%
MIDD	C	0.02%
TFX	F	0.02%
MTZ	B	0.02%
MORN	B	0.02%
GMED	A	0.02%
CFR	B	0.02%
KNX	B	0.02%
SRPT	D	0.02%
SEIC	B	0.02%
BRX	A	0.02%
APG	B	0.02%
SSD	D	0.02%
BERY	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%
FLS	B	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%
TTC	D	0.02%
SNAP	C	0.02%
PNFP	B	0.02%
MOS	F	0.02%
PAYC	B	0.02%
GPK	C	0.02%
GL	B	0.02%
DAY	B	0.02%
HRL	D	0.02%
CPB	D	0.02%
LBRDK	C	0.02%
HLI	B	0.02%
AOS	F	0.02%
WAL	B	0.02%
DUOL	A	0.02%
ALLY	C	0.02%
AXTA	A	0.02%
OKTA	C	0.02%
AFG	A	0.02%
PRI	A	0.02%
CNH	C	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%
MSM	C	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%
EEFT	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%
VNT	B	0.01%
BPMC	C	0.01%
SITE	D	0.01%
SLGN	A	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%
AZEK	A	0.01%
MMSI	B	0.01%
SAIC	F	0.01%
FOUR	B	0.01%
QRVO	F	0.01%
ELF	C	0.01%
THO	B	0.01%
AWI	A	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%
SON	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%
AL	B	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%
SEE	C	0.01%
RGEN	D	0.01%
MHK	D	0.01%
FNB	A	0.01%
BC	C	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 50 Positions Relative to PALC

Symbol	Grade	Weight
MCD	D	-2.73%
PM	B	-2.45%
MO	A	-1.38%
MS	A	-1.34%
OKE	A	-1.02%
TDG	D	-0.77%
LHX	C	-0.75%
MCK	B	-0.74%
BA	F	-0.73%
PCG	A	-0.7%
EIX	B	-0.67%
HCA	F	-0.66%
FE	C	-0.64%
BRK.A	B	-0.64%
ATO	A	-0.6%
L	A	-0.56%
HON	B	-0.54%
JNJ	D	-0.54%
PPL	B	-0.54%
KMI	A	-0.53%
DUK	C	-0.53%
LMT	D	-0.52%
GD	F	-0.5%
RTX	C	-0.49%
WMB	A	-0.49%
CB	C	-0.49%
SO	D	-0.49%
COR	B	-0.48%
STZ	D	-0.47%
NOC	D	-0.46%
VICI	C	-0.46%
CVX	A	-0.46%
AEP	D	-0.45%
LYB	F	-0.44%
PNW	B	-0.44%
NEM	D	-0.41%
CSX	B	-0.41%
LDOS	C	-0.36%
RCL	A	-0.26%
CAH	B	-0.25%
TRGP	B	-0.24%
UAL	A	-0.16%
EQT	B	-0.14%
CCL	B	-0.12%
ALB	C	-0.09%
WYNN	D	-0.09%
MGM	D	-0.08%
MTCH	D	-0.08%
NCLH	B	-0.06%
CZR	F	-0.05%