CVLC vs. SPXE ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to ProShares S&P 500 Ex-Energy ETF (SPXE)

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

SPXE

ProShares S&P 500 Ex-Energy ETF

SPXE Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Energy Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Energy Sector.

Grade (RS Rating)

Last Trade

$64.09

Average Daily Volume

1,356

Number of Holdings ^*

477

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	SPXE
30 Days	4.12%	2.38%
60 Days	5.53%	4.47%
90 Days	7.26%	6.26%
12 Months	33.80%	33.31%

390 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in SPXE	Overlap
	A	D	0.08%	0.08%	0.08%
	AAPL	C	6.44%	7.2%	6.44%
	ABBV	D	0.66%	0.61%	0.61%
	ABNB	C	0.12%	0.12%	0.12%
	ABT	B	0.45%	0.42%	0.42%
	ACGL	D	0.09%	0.08%	0.08%
	ACN	C	0.47%	0.46%	0.46%
	ADBE	C	0.47%	0.46%	0.46%
	ADI	D	0.22%	0.22%	0.22%
	ADP	B	0.26%	0.25%	0.25%
	ADSK	A	0.14%	0.13%	0.13%
	AEE	A	0.06%	0.05%	0.05%
	AES	F	0.02%	0.02%	0.02%
	AFL	B	0.14%	0.12%	0.12%
	AIG	B	0.12%	0.1%	0.1%
	AJG	B	0.14%	0.13%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALGN	D	0.04%	0.03%	0.03%
	ALL	A	0.13%	0.11%	0.11%
	ALLE	D	0.03%	0.02%	0.02%
	AMAT	F	0.29%	0.29%	0.29%
	AMCR	D	0.04%	0.03%	0.03%
	AMD	F	0.46%	0.47%	0.46%
	AME	A	0.13%	0.09%	0.09%
	AMGN	D	0.34%	0.31%	0.31%
	AMP	A	0.14%	0.11%	0.11%
	AMT	D	0.22%	0.19%	0.19%
	AMZN	C	3.65%	3.91%	3.65%
	ANET	C	0.2%	0.2%	0.2%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.2%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APD	A	0.2%	0.15%	0.15%
	APH	A	0.24%	0.17%	0.17%
	APTV	D	0.03%	0.03%	0.03%
	ARE	D	0.04%	0.03%	0.03%
	AVB	B	0.08%	0.07%	0.07%
	AVGO	D	1.53%	1.6%	1.53%
	AVY	D	0.04%	0.03%	0.03%
	AWK	D	0.06%	0.06%	0.06%
	AXON	A	0.12%	0.09%	0.09%
	AXP	A	0.4%	0.33%	0.33%
	AZO	C	0.11%	0.11%	0.11%
	BAC	A	0.75%	0.66%	0.66%
	BALL	D	0.05%	0.04%	0.04%
	BAX	D	0.04%	0.04%	0.04%
	BBY	D	0.04%	0.04%	0.04%
	BDX	F	0.15%	0.13%	0.13%
	BEN	C	0.02%	0.01%	0.01%
	BG	F	0.04%	0.03%	0.03%
	BIIB	F	0.05%	0.05%	0.05%
	BK	A	0.14%	0.12%	0.12%
	BKNG	A	0.35%	0.35%	0.35%
	BLK	C	0.38%	0.3%	0.3%
	BMY	B	0.26%	0.24%	0.24%
	BR	A	0.06%	0.05%	0.05%
	BRO	B	0.06%	0.05%	0.05%
	BSX	B	0.29%	0.28%	0.28%
	BWA	D	0.02%	0.02%	0.02%
	BX	A	0.32%	0.27%	0.27%
	BXP	D	0.03%	0.02%	0.02%
	C	A	0.33%	0.27%	0.27%
	CAG	D	0.04%	0.03%	0.03%
	CARR	D	0.18%	0.13%	0.13%
	CAT	B	0.5%	0.39%	0.39%
	CBOE	B	0.05%	0.04%	0.04%
	CBRE	B	0.1%	0.08%	0.08%
	CCI	D	0.11%	0.09%	0.09%
	CDNS	B	0.17%	0.17%	0.17%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.17%	0.15%	0.15%
	CFG	B	0.05%	0.04%	0.04%
	CHD	B	0.05%	0.06%	0.05%
	CHRW	C	0.03%	0.03%	0.03%
	CHTR	C	0.08%	0.08%	0.08%
	CI	F	0.2%	0.19%	0.19%
	CINF	A	0.06%	0.05%	0.05%
	CL	D	0.15%	0.16%	0.15%
	CLX	B	0.04%	0.04%	0.04%
	CMCSA	B	0.35%	0.35%	0.35%
	CME	A	0.2%	0.17%	0.17%
	CMG	B	0.23%	0.17%	0.17%
	CMI	A	0.14%	0.1%	0.1%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.07%	0.06%	0.06%
	COF	B	0.17%	0.14%	0.14%
	COST	B	0.8%	0.85%	0.8%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	A	0.11%	0.1%	0.1%
	CPT	B	0.03%	0.03%	0.03%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.64%	0.65%	0.64%
	CRWD	B	0.16%	0.16%	0.16%
	CSCO	B	0.49%	0.48%	0.48%
	CSGP	D	0.06%	0.06%	0.06%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	B	0.02%	0.02%	0.02%
	CTSH	B	0.08%	0.08%	0.08%
	CVS	D	0.15%	0.15%	0.15%
	D	C	0.12%	0.1%	0.1%
	DAL	C	0.1%	0.08%	0.08%
	DAY	B	0.02%	0.02%	0.02%
	DE	A	0.28%	0.22%	0.22%
	DECK	A	0.05%	0.06%	0.05%
	DELL	C	0.08%	0.08%	0.08%
	DFS	B	0.11%	0.09%	0.09%
	DG	F	0.03%	0.04%	0.03%
	DGX	A	0.04%	0.04%	0.04%
	DHI	D	0.11%	0.1%	0.1%
	DHR	F	0.34%	0.31%	0.31%
	DIS	B	0.46%	0.43%	0.43%
	DLR	B	0.14%	0.12%	0.12%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	D	0.04%	0.03%	0.03%
	DOV	A	0.08%	0.06%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.06%	0.04%	0.04%
	DTE	C	0.06%	0.05%	0.05%
	DVA	B	0.02%	0.02%	0.02%
	DXCM	D	0.07%	0.06%	0.06%
	EA	A	0.08%	0.08%	0.08%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	0.17%	0.13%	0.13%
	ED	D	0.08%	0.07%	0.07%
	EFX	F	0.07%	0.06%	0.06%
	EG	C	0.04%	0.03%	0.03%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.21%	0.19%	0.19%
	EMN	D	0.03%	0.02%	0.02%
	EMR	A	0.2%	0.15%	0.15%
	ENPH	F	0.02%	0.02%	0.02%
	EPAM	C	0.03%	0.03%	0.03%
	EQIX	A	0.21%	0.18%	0.18%
	EQR	B	0.07%	0.05%	0.05%
	ES	D	0.05%	0.05%	0.05%
	ESS	B	0.05%	0.04%	0.04%
	ETN	A	0.4%	0.29%	0.29%
	EVRG	A	0.04%	0.03%	0.03%
	EW	C	0.09%	0.09%	0.09%
	EXC	C	0.1%	0.08%	0.08%
	EXPD	D	0.04%	0.03%	0.03%
	EXR	D	0.08%	0.07%	0.07%
	F	C	0.1%	0.09%	0.09%
	FAST	B	0.09%	0.1%	0.09%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.16%	0.14%	0.14%
	FFIV	B	0.03%	0.03%	0.03%
	FI	A	0.26%	0.25%	0.25%
	FICO	B	0.12%	0.11%	0.11%
	FIS	C	0.1%	0.1%	0.1%
	FITB	A	0.08%	0.07%	0.07%
	FMC	D	0.02%	0.01%	0.01%
	FRT	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.13%	0.12%	0.12%
	FTV	C	0.07%	0.05%	0.05%
	GE	D	0.5%	0.4%	0.4%
	GEHC	F	0.08%	0.08%	0.08%
	GEN	B	0.03%	0.03%	0.03%
	GEV	B	0.22%	0.19%	0.19%
	GILD	C	0.25%	0.23%	0.23%
	GIS	D	0.1%	0.07%	0.07%
	GL	B	0.02%	0.02%	0.02%
	GLW	B	0.08%	0.07%	0.07%
	GM	B	0.15%	0.13%	0.13%
	GOOGL	C	3.68%	2.13%	2.13%
	GPC	D	0.03%	0.04%	0.03%
	GS	A	0.46%	0.39%	0.39%
	GWW	B	0.1%	0.11%	0.1%
	HAS	D	0.02%	0.02%	0.02%
	HBAN	A	0.06%	0.05%	0.05%
	HD	A	0.81%	0.84%	0.81%
	HIG	B	0.09%	0.07%	0.07%
	HLT	A	0.13%	0.13%	0.13%
	HOLX	D	0.04%	0.04%	0.04%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.07%	0.08%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	B	0.02%	0.02%	0.02%
	HST	C	0.03%	0.03%	0.03%
	HSY	F	0.07%	0.05%	0.05%
	HUBB	B	0.07%	0.05%	0.05%
	HUM	C	0.07%	0.07%	0.07%
	IBM	C	0.4%	0.4%	0.4%
	ICE	C	0.22%	0.19%	0.19%
	IDXX	F	0.08%	0.07%	0.07%
	IEX	B	0.05%	0.03%	0.03%
	IFF	D	0.06%	0.05%	0.05%
	INCY	C	0.03%	0.03%	0.03%
	INTC	D	0.22%	0.22%	0.22%
	INTU	C	0.4%	0.39%	0.39%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.08%	0.07%	0.07%
	IR	B	0.12%	0.09%	0.09%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.42%	0.39%	0.39%
	IT	C	0.09%	0.08%	0.08%
	ITW	B	0.23%	0.15%	0.15%
	IVZ	B	0.02%	0.02%	0.02%
	JBHT	C	0.04%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.16%	0.12%	0.12%
	JKHY	D	0.03%	0.03%	0.03%
	JNPR	F	0.03%	0.02%	0.02%
	JPM	A	1.44%	1.45%	1.44%
	K	A	0.06%	0.05%	0.05%
	KDP	D	0.09%	0.07%	0.07%
	KEY	B	0.04%	0.04%	0.04%
	KEYS	A	0.07%	0.05%	0.05%
	KHC	F	0.08%	0.06%	0.06%
	KIM	A	0.04%	0.04%	0.04%
	KKR	A	0.25%	0.21%	0.21%
	KLAC	D	0.18%	0.17%	0.17%
	KMB	D	0.09%	0.1%	0.09%
	KMX	B	0.02%	0.03%	0.02%
	KO	D	0.56%	0.5%	0.5%
	KR	B	0.12%	0.08%	0.08%
	KVUE	A	0.09%	0.09%	0.09%
	LEN	D	0.1%	0.08%	0.08%
	LH	C	0.04%	0.04%	0.04%
	LIN	D	0.52%	0.45%	0.45%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.28%	1.19%	1.19%
	LNT	A	0.04%	0.03%	0.03%
	LOW	D	0.31%	0.32%	0.31%
	LRCX	F	0.19%	0.19%	0.19%
	LULU	C	0.07%	0.07%	0.07%
	LW	C	0.03%	0.02%	0.02%
	LYV	A	0.04%	0.04%	0.04%
	MA	C	0.91%	0.89%	0.89%
	MAA	B	0.04%	0.04%	0.04%
	MAR	B	0.15%	0.14%	0.14%
	MAS	D	0.03%	0.03%	0.03%
	MCHP	D	0.07%	0.07%	0.07%
	MCO	B	0.17%	0.15%	0.15%
	MDLZ	F	0.24%	0.18%	0.18%
	MDT	D	0.25%	0.23%	0.23%
	MET	A	0.12%	0.1%	0.1%
	MHK	D	0.01%	0.01%	0.01%
	MKC	D	0.06%	0.04%	0.04%
	MKTX	D	0.02%	0.02%	0.02%
	MMC	B	0.27%	0.23%	0.23%
	MNST	C	0.11%	0.08%	0.08%
	MOH	F	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.55%	0.51%	0.51%
	MRNA	F	0.03%	0.03%	0.03%
	MSCI	C	0.1%	0.1%	0.1%
	MSFT	F	5.74%	6.42%	5.74%
	MSI	B	0.17%	0.17%	0.17%
	MTB	A	0.09%	0.07%	0.07%
	MTD	D	0.06%	0.05%	0.05%
	MU	D	0.23%	0.22%	0.22%
	NDAQ	A	0.08%	0.07%	0.07%
	NDSN	B	0.04%	0.03%	0.03%
	NEE	D	0.38%	0.33%	0.33%
	NFLX	A	0.75%	0.75%	0.75%
	NI	A	0.04%	0.03%	0.03%
	NKE	D	0.18%	0.19%	0.18%
	NOW	A	0.44%	0.43%	0.43%
	NRG	B	0.05%	0.04%	0.04%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.05%	0.05%	0.05%
	NUE	C	0.19%	0.07%	0.07%
	NVDA	C	6.33%	7.16%	6.33%
	NVR	D	0.07%	0.06%	0.06%
	O	D	0.12%	0.1%	0.1%
	ODFL	B	0.1%	0.08%	0.08%
	OMC	C	0.04%	0.04%	0.04%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.63%	0.62%	0.62%
	ORLY	B	0.14%	0.15%	0.14%
	OTIS	C	0.11%	0.08%	0.08%
	PANW	C	0.26%	0.26%	0.26%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.1%	0.09%	0.09%
	PCAR	B	0.16%	0.12%	0.12%
	PEG	A	0.11%	0.09%	0.09%
	PEP	F	0.53%	0.45%	0.45%
	PFE	D	0.32%	0.29%	0.29%
	PFG	D	0.05%	0.04%	0.04%
	PG	A	0.8%	0.83%	0.8%
	PGR	A	0.37%	0.31%	0.31%
	PH	A	0.25%	0.18%	0.18%
	PHM	D	0.06%	0.06%	0.06%
	PKG	A	0.06%	0.04%	0.04%
	PLD	D	0.26%	0.22%	0.22%
	PNC	B	0.2%	0.17%	0.17%
	PNR	A	0.05%	0.04%	0.04%
	PODD	C	0.04%	0.04%	0.04%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.08%	0.06%	0.06%
	PRU	A	0.11%	0.1%	0.1%
	PSA	D	0.13%	0.11%	0.11%
	PTC	A	0.05%	0.05%	0.05%
	PWR	A	0.12%	0.1%	0.1%
	PYPL	B	0.19%	0.18%	0.18%
	QCOM	F	0.38%	0.38%	0.38%
	QRVO	F	0.01%	0.01%	0.01%
	REG	B	0.03%	0.03%	0.03%
	REGN	F	0.18%	0.17%	0.17%
	RF	A	0.06%	0.05%	0.05%
	RJF	A	0.07%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.08%	0.07%	0.07%
	ROK	B	0.09%	0.07%	0.07%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.12%	0.12%
	ROST	C	0.09%	0.1%	0.09%
	RSG	A	0.1%	0.09%	0.09%
	RVTY	F	0.03%	0.03%	0.03%
	SBAC	D	0.06%	0.05%	0.05%
	SBUX	A	0.31%	0.24%	0.24%
	SCHW	B	0.3%	0.25%	0.25%
	SHW	A	0.25%	0.18%	0.18%
	SJM	D	0.03%	0.02%	0.02%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.05%	0.04%	0.04%
	SNPS	B	0.17%	0.17%	0.17%
	SPG	B	0.14%	0.12%	0.12%
	SPGI	C	0.35%	0.33%	0.33%
	SRE	A	0.14%	0.12%	0.12%
	STE	F	0.05%	0.04%	0.04%
	STLD	B	0.11%	0.04%	0.04%
	STT	A	0.07%	0.06%	0.06%
	STX	D	0.04%	0.04%	0.04%
	SW	A	0.07%	0.05%	0.05%
	SWK	D	0.04%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.06%	0.05%	0.05%
	SYK	C	0.31%	0.28%	0.28%
	SYY	B	0.1%	0.08%	0.08%
	T	A	0.34%	0.34%	0.34%
	TDY	B	0.06%	0.04%	0.04%
	TECH	D	0.02%	0.02%	0.02%
	TER	D	0.03%	0.04%	0.03%
	TFC	A	0.15%	0.13%	0.13%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.14%	0.15%	0.14%
	TJX	A	0.27%	0.28%	0.27%
	TMO	F	0.44%	0.4%	0.4%
	TMUS	B	0.25%	0.24%	0.24%
	TPR	B	0.03%	0.03%	0.03%
	TRMB	B	0.05%	0.04%	0.04%
	TROW	B	0.06%	0.05%	0.05%
	TRV	B	0.15%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.86%	1.95%	1.86%
	TT	A	0.26%	0.19%	0.19%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.39%	0.39%	0.39%
	TYL	B	0.05%	0.05%	0.05%
	UBER	D	0.31%	0.3%	0.3%
	UDR	B	0.04%	0.03%	0.03%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.15%	1.13%	1.13%
	UNP	C	0.34%	0.3%	0.3%
	UPS	C	0.23%	0.21%	0.21%
	URI	B	0.15%	0.11%	0.11%
	USB	A	0.19%	0.16%	0.16%
	V	A	1.09%	1.08%	1.08%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.2%	0.08%	0.08%
	VRSK	A	0.09%	0.08%	0.08%
	VRSN	F	0.03%	0.03%	0.03%
	VRTX	F	0.27%	0.25%	0.25%
	VTR	C	0.06%	0.05%	0.05%
	VZ	C	0.37%	0.37%	0.37%
	WAB	B	0.1%	0.07%	0.07%
	WAT	B	0.05%	0.04%	0.04%
	WBD	C	0.05%	0.04%	0.04%
	WDC	D	0.05%	0.04%	0.04%
	WEC	A	0.08%	0.07%	0.07%
	WELL	A	0.2%	0.16%	0.16%
	WFC	A	0.63%	0.52%	0.52%
	WM	A	0.21%	0.17%	0.17%
	WMT	A	0.73%	0.76%	0.73%
	WRB	A	0.05%	0.04%	0.04%
	WST	C	0.05%	0.05%	0.05%
	WTW	B	0.08%	0.07%	0.07%
	WY	D	0.04%	0.05%	0.04%
	XEL	A	0.09%	0.08%	0.08%
	XYL	D	0.08%	0.06%	0.06%
	YUM	B	0.11%	0.08%	0.08%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.18%	0.17%	0.17%

CVLC Overweight 378 Positions Relative to SPXE

	Symbol	Grade	Weight
	BKR	B	0.24%
	OXY	D	0.18%
	APO	B	0.17%
	MRVL	B	0.16%
	COIN	C	0.15%
	WDAY	B	0.12%
	APP	B	0.12%
	VRT	B	0.12%
	TTD	B	0.11%
	CSL	C	0.11%
	SQ	B	0.1%
	OC	A	0.09%
	RS	B	0.09%
	ARES	A	0.08%
	HEI	B	0.08%
	DDOG	A	0.08%
	TEAM	A	0.08%
	SNOW	C	0.08%
	FCNCA	A	0.07%
	VEEV	C	0.07%
	ALNY	D	0.07%
	HUBS	A	0.07%
	EME	C	0.06%
	NET	B	0.06%
	LPLA	A	0.06%
	ZM	B	0.05%
	IBKR	A	0.05%
	ILMN	D	0.05%
	WSO	A	0.05%
	CVNA	B	0.05%
	RBLX	C	0.05%
	LII	A	0.05%
	MANH	D	0.04%
	EWBC	A	0.04%
	COHR	B	0.04%
	PINS	D	0.04%
	TWLO	A	0.04%
	UTHR	C	0.04%
	PFGC	B	0.04%
	SOFI	A	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%
	FIX	A	0.04%
	CW	B	0.04%
	XPO	B	0.04%
	ZS	C	0.04%
	SFM	A	0.04%
	TRU	D	0.04%
	CASY	A	0.04%
	GGG	B	0.04%
	MDB	C	0.04%
	BAH	F	0.04%
	USFD	A	0.04%
	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%
	SCI	B	0.03%
	WING	D	0.03%
	CUBE	D	0.03%
	EVR	B	0.03%
	WWD	B	0.03%
	BMRN	D	0.03%
	FHN	A	0.03%
	TTEK	F	0.03%
	LAMR	D	0.03%
	MLI	C	0.03%
	ARMK	B	0.03%
	AYI	B	0.03%
	ALSN	B	0.03%
	SF	B	0.03%
	AIT	A	0.03%
	DT	C	0.03%
	WPC	D	0.03%
	JEF	A	0.03%
	AFRM	B	0.03%
	JLL	D	0.03%
	CCK	C	0.03%
	CLH	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%
	RRX	B	0.03%
	WSM	B	0.03%
	SUM	B	0.03%
	RNR	C	0.03%
	SAIA	B	0.03%
	SSNC	B	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%
	BURL	A	0.03%
	ITT	A	0.03%
	ACM	A	0.03%
	FSS	B	0.02%
	MOD	A	0.02%
	COLD	D	0.02%
	SMAR	A	0.02%
	IDA	A	0.02%
	LSTR	D	0.02%
	OLED	D	0.02%
	CVLT	B	0.02%
	GXO	B	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%
	ALK	C	0.02%
	BCPC	B	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%
	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%
	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%
	OSK	B	0.02%
	SNV	B	0.02%
	ESAB	B	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%
	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%
	ZION	B	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%
	BJ	A	0.02%
	TTC	D	0.02%
	SNAP	C	0.02%
	PNFP	B	0.02%
	GPK	C	0.02%
	LBRDK	C	0.02%
	HLI	B	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%
	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%
	FNB	A	0.01%
	BC	C	0.01%
	EXLS	B	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 87 Positions Relative to SPXE

	Symbol	Grade	Weight
	META	D	-2.52%
	BRK.A	B	-1.8%
	GOOG	C	-1.76%
	JNJ	D	-0.77%
	PM	B	-0.43%
	MCD	D	-0.43%
	MS	A	-0.35%
	RTX	C	-0.33%
	HON	B	-0.31%
	PLTR	B	-0.26%
	LMT	D	-0.23%
	BA	F	-0.22%
	CB	C	-0.22%
	SO	D	-0.2%
	MO	A	-0.2%
	DUK	C	-0.18%
	MCK	B	-0.16%
	MMM	D	-0.15%
	GD	F	-0.15%
	NOC	D	-0.14%
	CSX	B	-0.14%
	TDG	D	-0.14%
	HCA	F	-0.13%
	FCX	D	-0.13%
	NXPI	D	-0.12%
	NSC	B	-0.12%
	AEP	D	-0.11%
	RCL	A	-0.11%
	HWM	A	-0.1%
	LHX	C	-0.1%
	NEM	D	-0.1%
	VST	B	-0.1%
	COR	B	-0.09%
	PCG	A	-0.09%
	STZ	D	-0.08%
	CTVA	C	-0.08%
	ETR	B	-0.07%
	GRMN	B	-0.07%
	EIX	B	-0.07%
	VICI	C	-0.07%
	DD	D	-0.07%
	MLM	B	-0.07%
	CAH	B	-0.06%
	GPN	B	-0.06%
	UAL	A	-0.06%
	DOW	F	-0.06%
	EXPE	B	-0.05%
	ATO	A	-0.05%
	CCL	B	-0.05%
	CPAY	A	-0.05%
	PPL	B	-0.05%
	ADM	D	-0.05%
	GDDY	A	-0.05%
	J	F	-0.04%
	LVS	C	-0.04%
	TSN	B	-0.04%
	LUV	C	-0.04%
	INVH	D	-0.04%
	IP	B	-0.04%
	CNP	B	-0.04%
	BLDR	D	-0.04%
	LDOS	C	-0.04%
	FE	C	-0.04%
	LYB	F	-0.04%
	ALB	C	-0.03%
	L	A	-0.03%
	VTRS	A	-0.03%
	TXT	D	-0.03%
	CF	B	-0.03%
	HII	D	-0.02%
	MTCH	D	-0.02%
	CZR	F	-0.02%
	WYNN	D	-0.02%
	MGM	D	-0.02%
	SOLV	C	-0.02%
	ERIE	D	-0.02%
	FOXA	B	-0.02%
	PNW	B	-0.02%
	GNRC	B	-0.02%
	NWSA	B	-0.02%
	TAP	C	-0.02%
	AIZ	A	-0.02%
	NCLH	B	-0.02%
	UHS	D	-0.02%
	NWS	B	-0.01%
	FOX	A	-0.01%
	WBA	F	-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

SPXE: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

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