CVLC vs. UDIV ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

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

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.42

Average Daily Volume

4,741

Number of Holdings ^*

277

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	UDIV
30 Days	4.12%	2.89%
60 Days	5.53%	4.78%
90 Days	7.26%	6.71%
12 Months	33.80%	35.02%

221 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in UDIV	Overlap
	AAPL	C	6.44%	6.17%	6.17%
	ABBV	D	0.66%	0.97%	0.66%
	ABT	B	0.45%	0.48%	0.45%
	ACN	C	0.47%	0.45%	0.45%
	ADBE	C	0.47%	0.35%	0.35%
	ADI	D	0.22%	0.52%	0.22%
	ADP	B	0.26%	0.13%	0.13%
	AEE	A	0.06%	0.03%	0.03%
	AES	F	0.02%	0.06%	0.02%
	AGR	B	0.01%	0.02%	0.01%
	ALL	A	0.13%	0.1%	0.1%
	AMAT	F	0.29%	0.38%	0.29%
	AMCR	D	0.04%	0.09%	0.04%
	AMD	F	0.46%	0.43%	0.43%
	AMGN	D	0.34%	0.62%	0.34%
	AMT	D	0.22%	0.35%	0.22%
	AMZN	C	3.65%	3.48%	3.48%
	ANET	C	0.2%	0.28%	0.2%
	APD	A	0.2%	0.18%	0.18%
	APH	A	0.24%	0.05%	0.05%
	APO	B	0.17%	0.4%	0.17%
	ARE	D	0.04%	0.1%	0.04%
	ARES	A	0.08%	0.18%	0.08%
	AVB	B	0.08%	0.18%	0.08%
	AVGO	D	1.53%	1.72%	1.53%
	AXON	A	0.12%	0.08%	0.08%
	BAC	A	0.75%	0.65%	0.65%
	BAX	D	0.04%	0.09%	0.04%
	BBY	D	0.04%	0.11%	0.04%
	BEN	C	0.02%	0.04%	0.02%
	BK	A	0.14%	0.33%	0.14%
	BKR	B	0.24%	0.18%	0.18%
	BLK	C	0.38%	0.87%	0.38%
	BMY	B	0.26%	0.69%	0.26%
	BR	A	0.06%	0.11%	0.06%
	BX	A	0.32%	0.76%	0.32%
	BXP	D	0.03%	0.07%	0.03%
	C	A	0.33%	0.82%	0.33%
	CAG	D	0.04%	0.07%	0.04%
	CAT	B	0.5%	0.1%	0.1%
	CCI	D	0.11%	0.24%	0.11%
	CDNS	B	0.17%	0.14%	0.14%
	CFG	B	0.05%	0.13%	0.05%
	CG	A	0.03%	0.07%	0.03%
	CINF	A	0.06%	0.14%	0.06%
	CLX	B	0.04%	0.12%	0.04%
	CMCSA	B	0.35%	0.36%	0.35%
	CME	A	0.2%	0.46%	0.2%
	CMG	B	0.23%	0.12%	0.12%
	CMI	A	0.14%	0.3%	0.14%
	CMS	C	0.05%	0.11%	0.05%
	CNH	C	0.02%	0.06%	0.02%
	COIN	C	0.15%	0.13%	0.13%
	COST	B	0.8%	0.26%	0.26%
	CPB	D	0.02%	0.05%	0.02%
	CPT	B	0.03%	0.07%	0.03%
	CRM	B	0.64%	0.51%	0.51%
	CRWD	B	0.16%	0.3%	0.16%
	CSCO	B	0.49%	0.86%	0.49%
	CVS	D	0.15%	0.39%	0.15%
	D	C	0.12%	0.27%	0.12%
	DDOG	A	0.08%	0.09%	0.08%
	DELL	C	0.08%	0.1%	0.08%
	DFS	B	0.11%	0.14%	0.11%
	DG	F	0.03%	0.03%	0.03%
	DIS	B	0.46%	0.13%	0.13%
	DLR	B	0.14%	0.32%	0.14%
	DOC	D	0.04%	0.09%	0.04%
	DRI	B	0.06%	0.12%	0.06%
	DT	C	0.03%	0.02%	0.02%
	DTE	C	0.06%	0.14%	0.06%
	EBAY	D	0.06%	0.13%	0.06%
	ED	D	0.08%	0.19%	0.08%
	EL	F	0.03%	0.09%	0.03%
	ELS	C	0.03%	0.07%	0.03%
	EMN	D	0.03%	0.07%	0.03%
	EMR	A	0.2%	0.22%	0.2%
	ENTG	D	0.03%	0.04%	0.03%
	EQIX	A	0.21%	0.21%	0.21%
	EQR	B	0.07%	0.14%	0.07%
	ES	D	0.05%	0.12%	0.05%
	ESS	B	0.05%	0.11%	0.05%
	ETN	A	0.4%	0.41%	0.4%
	EVRG	A	0.04%	0.08%	0.04%
	EWBC	A	0.04%	0.09%	0.04%
	EXC	C	0.1%	0.22%	0.1%
	EXR	D	0.08%	0.2%	0.08%
	F	C	0.1%	0.27%	0.1%
	FAST	B	0.09%	0.27%	0.09%
	FDX	B	0.16%	0.08%	0.08%
	FIS	C	0.1%	0.02%	0.02%
	FITB	A	0.08%	0.19%	0.08%
	GEN	B	0.03%	0.07%	0.03%
	GILD	C	0.25%	0.63%	0.25%
	GIS	D	0.1%	0.2%	0.1%
	GLW	B	0.08%	0.21%	0.08%
	GOOGL	C	3.68%	1.92%	1.92%
	GPC	D	0.03%	0.11%	0.03%
	GS	A	0.46%	0.44%	0.44%
	HBAN	A	0.06%	0.16%	0.06%
	HD	A	0.81%	1.06%	0.81%
	HPE	B	0.06%	0.1%	0.06%
	HPQ	B	0.07%	0.23%	0.07%
	HRL	D	0.02%	0.05%	0.02%
	HST	C	0.03%	0.07%	0.03%
	HUBB	B	0.07%	0.06%	0.06%
	HUBS	A	0.07%	0.06%	0.06%
	IBM	C	0.4%	0.81%	0.4%
	IFF	D	0.06%	0.13%	0.06%
	INTC	D	0.22%	0.41%	0.22%
	INTU	C	0.4%	0.47%	0.4%
	IPG	D	0.02%	0.06%	0.02%
	IRM	D	0.07%	0.17%	0.07%
	ISRG	A	0.42%	0.14%	0.14%
	ITW	B	0.23%	0.43%	0.23%
	JCI	C	0.16%	0.23%	0.16%
	JNPR	F	0.03%	0.07%	0.03%
	JPM	A	1.44%	1.35%	1.35%
	K	A	0.06%	0.12%	0.06%
	KEY	B	0.04%	0.11%	0.04%
	KHC	F	0.08%	0.16%	0.08%
	KIM	A	0.04%	0.1%	0.04%
	KKR	A	0.25%	0.16%	0.16%
	KLAC	D	0.18%	0.3%	0.18%
	KMB	D	0.09%	0.26%	0.09%
	KO	D	0.56%	0.74%	0.56%
	KVUE	A	0.09%	0.23%	0.09%
	LIN	D	0.52%	0.14%	0.14%
	LKQ	D	0.02%	0.06%	0.02%
	LLY	F	1.28%	1.21%	1.21%
	LNT	A	0.04%	0.09%	0.04%
	LOW	D	0.31%	0.27%	0.27%
	LRCX	F	0.19%	0.34%	0.19%
	MA	C	0.91%	0.23%	0.23%
	MAA	B	0.04%	0.1%	0.04%
	MCHP	D	0.07%	0.2%	0.07%
	MDB	C	0.04%	0.05%	0.04%
	MDT	D	0.25%	0.56%	0.25%
	MET	A	0.12%	0.11%	0.11%
	MPWR	F	0.06%	0.12%	0.06%
	MRK	F	0.55%	0.71%	0.55%
	MRVL	B	0.16%	0.12%	0.12%
	MSCI	C	0.1%	0.23%	0.1%
	MSFT	F	5.74%	6.07%	5.74%
	MTB	A	0.09%	0.22%	0.09%
	MU	D	0.23%	0.2%	0.2%
	NEE	D	0.38%	0.11%	0.11%
	NET	B	0.06%	0.06%	0.06%
	NFLX	A	0.75%	0.64%	0.64%
	NI	A	0.04%	0.09%	0.04%
	NKE	D	0.18%	0.13%	0.13%
	NOW	A	0.44%	0.47%	0.44%
	NTAP	C	0.05%	0.14%	0.05%
	NTRS	A	0.05%	0.13%	0.05%
	NVDA	C	6.33%	6.83%	6.33%
	O	D	0.12%	0.28%	0.12%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	C	0.04%	0.11%	0.04%
	ORCL	B	0.63%	0.5%	0.5%
	PANW	C	0.26%	0.27%	0.26%
	PAYX	C	0.1%	0.26%	0.1%
	PEG	A	0.11%	0.16%	0.11%
	PEP	F	0.53%	0.57%	0.53%
	PFE	D	0.32%	0.66%	0.32%
	PFG	D	0.05%	0.12%	0.05%
	PG	A	0.8%	0.78%	0.78%
	PKG	A	0.06%	0.12%	0.06%
	PLD	D	0.26%	0.43%	0.26%
	PNC	B	0.2%	0.5%	0.2%
	PRU	A	0.11%	0.28%	0.11%
	PSA	D	0.13%	0.29%	0.13%
	QCOM	F	0.38%	0.74%	0.38%
	REG	B	0.03%	0.07%	0.03%
	RF	A	0.06%	0.15%	0.06%
	ROK	B	0.09%	0.2%	0.09%
	RPRX	D	0.02%	0.04%	0.02%
	SBUX	A	0.31%	0.3%	0.3%
	SJM	D	0.03%	0.07%	0.03%
	SMCI	F	0.02%	0.03%	0.02%
	SNA	A	0.05%	0.11%	0.05%
	SNOW	C	0.08%	0.06%	0.06%
	SNPS	B	0.17%	0.11%	0.11%
	SPG	B	0.14%	0.33%	0.14%
	SQ	B	0.1%	0.04%	0.04%
	STT	A	0.07%	0.18%	0.07%
	STX	D	0.04%	0.11%	0.04%
	SUI	D	0.04%	0.09%	0.04%
	SW	A	0.07%	0.16%	0.07%
	SWK	D	0.04%	0.08%	0.04%
	SWKS	F	0.03%	0.08%	0.03%
	SYK	C	0.31%	0.02%	0.02%
	SYY	B	0.1%	0.17%	0.1%
	T	A	0.34%	0.79%	0.34%
	TER	D	0.03%	0.02%	0.02%
	TFC	A	0.15%	0.38%	0.15%
	TGT	F	0.14%	0.28%	0.14%
	TROW	B	0.06%	0.16%	0.06%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	B	1.86%	1.48%	1.48%
	TT	A	0.26%	0.02%	0.02%
	TTD	B	0.11%	0.06%	0.06%
	TXN	C	0.39%	0.85%	0.39%
	UBER	D	0.31%	0.28%	0.28%
	UDR	B	0.04%	0.08%	0.04%
	UNH	C	1.15%	0.87%	0.87%
	UNP	C	0.34%	0.3%	0.3%
	UPS	C	0.23%	0.57%	0.23%
	USB	A	0.19%	0.47%	0.19%
	V	A	1.09%	0.34%	0.34%
	VRT	B	0.12%	0.18%	0.12%
	VTR	C	0.06%	0.14%	0.06%
	VZ	C	0.37%	0.77%	0.37%
	WDAY	B	0.12%	0.06%	0.06%
	WEC	A	0.08%	0.18%	0.08%
	WELL	A	0.2%	0.12%	0.12%
	WFC	A	0.63%	0.42%	0.42%
	WMT	A	0.73%	0.03%	0.03%
	WPC	D	0.03%	0.07%	0.03%
	WSO	A	0.05%	0.11%	0.05%
	XEL	A	0.09%	0.21%	0.09%
	ZS	C	0.04%	0.11%	0.04%

CVLC Overweight 547 Positions Relative to UDIV

	Symbol	Grade	Weight
	GE	D	0.5%
	TMO	F	0.44%
	AXP	A	0.4%
	PGR	A	0.37%
	SPGI	C	0.35%
	BKNG	A	0.35%
	DHR	F	0.34%
	SCHW	B	0.3%
	BSX	B	0.29%
	DE	A	0.28%
	VRTX	F	0.27%
	TJX	A	0.27%
	MMC	B	0.27%
	FI	A	0.26%
	TMUS	B	0.25%
	SHW	A	0.25%
	PH	A	0.25%
	MDLZ	F	0.24%
	ICE	C	0.22%
	GEV	B	0.22%
	ELV	F	0.21%
	WM	A	0.21%
	AON	A	0.2%
	CI	F	0.2%
	VMC	B	0.2%
	PYPL	B	0.19%
	NUE	C	0.19%
	CARR	D	0.18%
	ZTS	D	0.18%
	REGN	F	0.18%
	OXY	D	0.18%
	MCO	B	0.17%
	CEG	D	0.17%
	MSI	B	0.17%
	COF	B	0.17%
	ECL	D	0.17%
	PCAR	B	0.16%
	MAR	B	0.15%
	BDX	F	0.15%
	CTAS	B	0.15%
	TRV	B	0.15%
	GM	B	0.15%
	CL	D	0.15%
	URI	B	0.15%
	ADSK	A	0.14%
	AMP	A	0.14%
	ORLY	B	0.14%
	AFL	B	0.14%
	AJG	B	0.14%
	SRE	A	0.14%
	AME	A	0.13%
	FTNT	C	0.13%
	HLT	A	0.13%
	PWR	A	0.12%
	IR	B	0.12%
	APP	B	0.12%
	KR	B	0.12%
	ABNB	C	0.12%
	FICO	B	0.12%
	AIG	B	0.12%
	ROP	B	0.12%
	MNST	C	0.11%
	AZO	C	0.11%
	YUM	B	0.11%
	CPRT	A	0.11%
	STLD	B	0.11%
	OTIS	C	0.11%
	CSL	C	0.11%
	DHI	D	0.11%
	ODFL	B	0.1%
	WAB	B	0.1%
	CBRE	B	0.1%
	DAL	C	0.1%
	LEN	D	0.1%
	RSG	A	0.1%
	GWW	B	0.1%
	HIG	B	0.09%
	IT	C	0.09%
	VRSK	A	0.09%
	EW	C	0.09%
	ROST	C	0.09%
	ACGL	D	0.09%
	OC	A	0.09%
	RS	B	0.09%
	KDP	D	0.09%
	RMD	C	0.08%
	IDXX	F	0.08%
	HEI	B	0.08%
	DOV	A	0.08%
	GEHC	F	0.08%
	IQV	D	0.08%
	WTW	B	0.08%
	TEAM	A	0.08%
	CHTR	C	0.08%
	PPG	F	0.08%
	NDAQ	A	0.08%
	CTSH	B	0.08%
	EA	A	0.08%
	A	D	0.08%
	XYL	D	0.08%
	NVR	D	0.07%
	FCNCA	A	0.07%
	VEEV	C	0.07%
	CNC	D	0.07%
	ALNY	D	0.07%
	DXCM	D	0.07%
	EFX	F	0.07%
	LULU	C	0.07%
	HSY	F	0.07%
	KEYS	A	0.07%
	FTV	C	0.07%
	RJF	A	0.07%
	HUM	C	0.07%
	MTD	D	0.06%
	EME	C	0.06%
	MKC	D	0.06%
	SBAC	D	0.06%
	BRO	B	0.06%
	LPLA	A	0.06%
	ON	D	0.06%
	TTWO	A	0.06%
	TDY	B	0.06%
	ANSS	B	0.06%
	SYF	B	0.06%
	AWK	D	0.06%
	CSGP	D	0.06%
	PHM	D	0.06%
	ZM	B	0.05%
	WDC	D	0.05%
	WRB	A	0.05%
	NRG	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%
	IEX	B	0.05%
	STE	F	0.05%
	PNR	A	0.05%
	CDW	F	0.05%
	WST	C	0.05%
	ZBH	C	0.05%
	VLTO	D	0.05%
	BALL	D	0.05%
	BIIB	F	0.05%
	CBOE	B	0.05%
	DECK	A	0.05%
	CVNA	B	0.05%
	CHD	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%
	COHR	B	0.04%
	PINS	D	0.04%
	TWLO	A	0.04%
	UTHR	C	0.04%
	PFGC	B	0.04%
	BG	F	0.04%
	SOFI	A	0.04%
	TW	A	0.04%
	TXRH	C	0.04%
	CMC	B	0.04%
	TOL	B	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%
	NDSN	B	0.04%
	XPO	B	0.04%
	EG	C	0.04%
	DGX	A	0.04%
	EXPD	D	0.04%
	SFM	A	0.04%
	HOLX	D	0.04%
	PODD	C	0.04%
	FDS	B	0.04%
	TRU	D	0.04%
	ZBRA	B	0.04%
	CASY	A	0.04%
	GGG	B	0.04%
	BAH	F	0.04%
	DPZ	C	0.04%
	AVY	D	0.04%
	LYV	A	0.04%
	WY	D	0.04%
	LH	C	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%
	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%
	JKHY	D	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%
	AKAM	D	0.03%
	ARMK	B	0.03%
	AYI	B	0.03%
	ALSN	B	0.03%
	SF	B	0.03%
	MRNA	F	0.03%
	AIT	A	0.03%
	FFIV	B	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%
	RVTY	F	0.03%
	CHRW	C	0.03%
	CLH	B	0.03%
	ATR	B	0.03%
	OWL	A	0.03%
	AVTR	F	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%
	ROL	B	0.03%
	RNR	C	0.03%
	INCY	C	0.03%
	SAIA	B	0.03%
	SSNC	B	0.03%
	VRSN	F	0.03%
	APTV	D	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%
	MAS	D	0.03%
	ALLE	D	0.03%
	ULTA	F	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%
	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%
	FMC	D	0.02%
	CGNX	C	0.02%
	DAR	C	0.02%
	HSIC	B	0.02%
	LAD	A	0.02%
	IVZ	B	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%
	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%
	AAL	B	0.02%
	CBSH	A	0.02%
	ORI	A	0.02%
	REXR	F	0.02%
	CMA	A	0.02%
	CE	F	0.02%
	BJ	A	0.02%
	FRT	B	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%
	CTLT	B	0.02%
	GL	B	0.02%
	TECH	D	0.02%
	DAY	B	0.02%
	KMX	B	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%
	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%
	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 56 Positions Relative to UDIV

	Symbol	Grade	Weight
	META	D	-2.13%
	GOOG	C	-1.73%
	XOM	B	-1.35%
	JNJ	D	-1.16%
	CVX	A	-1.12%
	MS	A	-0.94%
	PM	B	-0.86%
	MO	A	-0.56%
	SO	D	-0.53%
	DUK	C	-0.49%
	WMB	A	-0.41%
	OKE	A	-0.38%
	MMM	D	-0.36%
	NXPI	D	-0.35%
	KMI	A	-0.32%
	PLTR	B	-0.31%
	AEP	D	-0.29%
	MELI	D	-0.28%
	COP	C	-0.25%
	MCD	D	-0.23%
	PSX	C	-0.22%
	FANG	D	-0.21%
	VICI	C	-0.19%
	DOW	F	-0.19%
	EIX	B	-0.19%
	HON	B	-0.18%
	RTX	C	-0.18%
	GRMN	B	-0.18%
	ETR	B	-0.18%
	DVN	F	-0.16%
	PPL	B	-0.14%
	LYB	F	-0.13%
	INVH	D	-0.12%
	CTRA	B	-0.12%
	IP	B	-0.12%
	FE	C	-0.12%
	TSN	B	-0.11%
	LUV	C	-0.11%
	DASH	A	-0.11%
	VTRS	A	-0.1%
	FNF	B	-0.09%
	VLO	C	-0.08%
	LVS	C	-0.08%
	EOG	A	-0.07%
	NSC	B	-0.07%
	SCCO	F	-0.06%
	APA	D	-0.06%
	SLB	C	-0.06%
	GD	F	-0.06%
	TAP	C	-0.05%
	WBA	F	-0.04%
	CRBG	B	-0.04%
	CAH	B	-0.02%
	SIRI	C	-0.01%
	BSY	D	-0.01%
	NEM	D	-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

UDIV: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Asset Management Semiconductors Banks - Regional - US REIT - Residential Drug Manufacturers - Major Packaged Foods Diversified Industrials Oil & Gas E&P Software - Infrastructure Specialty Retail Utilities - Diversified Banks - Global Business Services Household & Personal Products Semiconductor Equipment & Materials Discount Stores Packaging & Containers REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Electricity Real Estate Investment Trust Bank Banking Semiconductor Electronics Cloud Computing Mining Integrated Circuits Telecommunications Work From Home Cash Management Chemical Insurance Investment Bank