CVLC vs. USCA ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

$74.78

Average Daily Volume

11,236

Number of Holdings ^*

767

* may have additional holdings in another (foreign) market

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

105,632

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	USCA
30 Days	2.60%	2.84%
60 Days	6.92%	7.42%
90 Days	9.17%	9.52%
12 Months	35.36%	39.64%

248 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in USCA	Overlap
	A	F	0.09%	0.11%	0.09%
	AAPL	C	6.29%	5.19%	5.19%
	ABBV	D	0.79%	0.95%	0.79%
	ABNB	C	0.13%	0.18%	0.13%
	ABT	C	0.45%	0.54%	0.45%
	ACGL	D	0.09%	0.1%	0.09%
	ACM	B	0.04%	0.04%	0.04%
	ACN	C	0.47%	0.61%	0.47%
	ADBE	C	0.47%	0.6%	0.47%
	ADI	F	0.23%	0.31%	0.23%
	ADP	A	0.26%	0.34%	0.26%
	ADSK	A	0.14%	0.17%	0.14%
	AIG	B	0.12%	0.14%	0.12%
	AJG	A	0.14%	0.17%	0.14%
	AKAM	F	0.03%	0.04%	0.03%
	AMD	F	0.49%	0.65%	0.49%
	AME	A	0.12%	0.12%	0.12%
	AMGN	F	0.38%	0.46%	0.38%
	AMT	F	0.22%	0.25%	0.22%
	AMZN	A	3.69%	5.07%	3.69%
	ANSS	B	0.06%	0.09%	0.06%
	AON	A	0.2%	0.2%	0.2%
	APO	B	0.16%	0.17%	0.16%
	ARE	F	0.05%	0.05%	0.05%
	AVB	A	0.08%	0.09%	0.08%
	AVGO	C	1.65%	2.18%	1.65%
	AVY	F	0.04%	0.04%	0.04%
	AWK	D	0.06%	0.07%	0.06%
	AXP	B	0.41%	0.44%	0.41%
	BAC	A	0.72%	0.85%	0.72%
	BAH	C	0.05%	0.06%	0.05%
	BALL	D	0.05%	0.05%	0.05%
	BIIB	F	0.06%	0.07%	0.06%
	BK	B	0.14%	0.16%	0.14%
	BKNG	A	0.35%	0.46%	0.35%
	BKR	B	0.23%	0.12%	0.12%
	BMY	B	0.25%	0.3%	0.25%
	BR	A	0.05%	0.07%	0.05%
	BSX	A	0.28%	0.35%	0.28%
	BX	A	0.31%	0.34%	0.31%
	BXP	D	0.03%	0.03%	0.03%
	CAT	C	0.53%	0.54%	0.53%
	CBOE	D	0.05%	0.06%	0.05%
	CBRE	A	0.1%	0.11%	0.1%
	CCI	F	0.11%	0.12%	0.11%
	CCK	D	0.03%	0.03%	0.03%
	CDNS	B	0.17%	0.22%	0.17%
	CEG	D	0.18%	0.2%	0.18%
	CG	C	0.03%	0.03%	0.03%
	CHD	B	0.05%	0.07%	0.05%
	CHTR	B	0.08%	0.1%	0.08%
	CL	F	0.15%	0.19%	0.15%
	CLX	A	0.04%	0.05%	0.04%
	CMCSA	B	0.36%	0.47%	0.36%
	CME	A	0.2%	0.21%	0.2%
	CMG	B	0.22%	0.22%	0.22%
	CMI	A	0.13%	0.13%	0.13%
	CPB	F	0.03%	0.02%	0.02%
	CPRT	A	0.11%	0.13%	0.11%
	CRL	C	0.02%	0.03%	0.02%
	CRM	B	0.6%	0.81%	0.6%
	CRWD	B	0.15%	0.2%	0.15%
	CSCO	A	0.48%	0.63%	0.48%
	CSL	B	0.11%	0.06%	0.06%
	CTAS	A	0.15%	0.21%	0.15%
	CTLT	D	0.02%	0.03%	0.02%
	CTSH	A	0.08%	0.11%	0.08%
	CVS	F	0.17%	0.19%	0.17%
	D	D	0.12%	0.13%	0.12%
	DAY	C	0.03%	0.03%	0.03%
	DE	D	0.29%	0.29%	0.29%
	DECK	B	0.05%	0.07%	0.05%
	DELL	B	0.08%	0.1%	0.08%
	DFS	B	0.11%	0.12%	0.11%
	DHR	F	0.36%	0.45%	0.36%
	DIS	B	0.39%	0.49%	0.39%
	DLR	C	0.14%	0.15%	0.14%
	DOC	C	0.04%	0.04%	0.04%
	DOV	A	0.08%	0.08%	0.08%
	DVA	C	0.02%	0.02%	0.02%
	EBAY	C	0.06%	0.09%	0.06%
	ECL	C	0.17%	0.17%	0.17%
	ED	D	0.08%	0.09%	0.08%
	EFX	D	0.07%	0.09%	0.07%
	EL	F	0.03%	0.04%	0.03%
	EMR	A	0.2%	0.2%	0.2%
	EQIX	B	0.2%	0.23%	0.2%
	EQR	C	0.06%	0.06%	0.06%
	ES	D	0.05%	0.06%	0.05%
	ETN	A	0.4%	0.39%	0.39%
	EW	D	0.09%	0.11%	0.09%
	EXC	C	0.09%	0.1%	0.09%
	EXPD	D	0.04%	0.05%	0.04%
	F	C	0.1%	0.11%	0.1%
	FDS	A	0.04%	0.05%	0.04%
	FDX	B	0.15%	0.18%	0.15%
	FI	A	0.25%	0.33%	0.25%
	FIS	B	0.1%	0.13%	0.1%
	FSLR	F	0.04%	0.05%	0.04%
	FTNT	B	0.11%	0.15%	0.11%
	FTV	D	0.07%	0.07%	0.07%
	GEN	A	0.03%	0.04%	0.03%
	GGG	B	0.04%	0.04%	0.04%
	GILD	C	0.25%	0.33%	0.25%
	GIS	F	0.1%	0.1%	0.1%
	GM	A	0.15%	0.17%	0.15%
	GOOGL	B	3.71%	2.39%	2.39%
	GS	B	0.46%	0.51%	0.46%
	H	B	0.01%	0.02%	0.01%
	HD	B	0.76%	1.06%	0.76%
	HIG	C	0.08%	0.1%	0.08%
	HLT	A	0.13%	0.17%	0.13%
	HPE	B	0.06%	0.07%	0.06%
	HSY	D	0.07%	0.07%	0.07%
	HUBB	B	0.07%	0.07%	0.07%
	HUBS	B	0.06%	0.09%	0.06%
	HUM	D	0.08%	0.09%	0.08%
	IBM	C	0.41%	0.52%	0.41%
	ICE	D	0.22%	0.24%	0.22%
	IDXX	D	0.08%	0.1%	0.08%
	IEX	B	0.05%	0.05%	0.05%
	ILMN	C	0.05%	0.07%	0.05%
	INCY	B	0.03%	0.04%	0.03%
	INTC	C	0.22%	0.3%	0.22%
	INTU	A	0.37%	0.5%	0.37%
	IQV	F	0.09%	0.11%	0.09%
	IT	A	0.09%	0.11%	0.09%
	ITW	A	0.23%	0.22%	0.22%
	JBHT	B	0.04%	0.04%	0.04%
	JCI	A	0.15%	0.15%	0.15%
	JKHY	C	0.03%	0.03%	0.03%
	JPM	B	1.43%	1.83%	1.43%
	K	A	0.06%	0.06%	0.06%
	KDP	D	0.1%	0.1%	0.1%
	KIM	A	0.04%	0.04%	0.04%
	KMB	F	0.09%	0.12%	0.09%
	KO	F	0.57%	0.7%	0.57%
	LH	A	0.04%	0.05%	0.04%
	LII	B	0.05%	0.05%	0.05%
	LIN	D	0.53%	0.6%	0.53%
	LLY	F	1.32%	1.73%	1.32%
	LNT	C	0.04%	0.04%	0.04%
	LULU	C	0.07%	0.1%	0.07%
	MA	B	0.9%	1.16%	0.9%
	MANH	C	0.04%	0.05%	0.04%
	MAR	A	0.14%	0.18%	0.14%
	MCO	C	0.16%	0.2%	0.16%
	MDLZ	F	0.25%	0.24%	0.24%
	MKC	D	0.06%	0.05%	0.05%
	MMC	C	0.27%	0.29%	0.27%
	MNST	B	0.11%	0.11%	0.11%
	MRK	F	0.57%	0.69%	0.57%
	MSFT	C	5.74%	4.38%	4.38%
	MTD	F	0.06%	0.08%	0.06%
	NDAQ	A	0.08%	0.09%	0.08%
	NEE	D	0.37%	0.41%	0.37%
	NET	B	0.06%	0.08%	0.06%
	NFLX	A	0.7%	0.92%	0.7%
	NKE	F	0.18%	0.25%	0.18%
	NOW	A	0.43%	0.55%	0.43%
	NTRS	A	0.05%	0.06%	0.05%
	NUE	C	0.22%	0.1%	0.1%
	NVDA	B	6.41%	6.8%	6.41%
	O	D	0.12%	0.13%	0.12%
	OC	A	0.09%	0.04%	0.04%
	ODFL	B	0.1%	0.12%	0.1%
	OKTA	C	0.03%	0.03%	0.03%
	ORCL	A	0.61%	0.82%	0.61%
	OXY	D	0.19%	0.09%	0.09%
	PANW	A	0.26%	0.33%	0.26%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	B	0.1%	0.13%	0.1%
	PCAR	B	0.17%	0.16%	0.16%
	PEG	C	0.1%	0.11%	0.1%
	PEP	D	0.55%	0.6%	0.55%
	PFE	F	0.34%	0.42%	0.34%
	PG	C	0.75%	1.04%	0.75%
	PGR	A	0.37%	0.4%	0.37%
	PINS	F	0.04%	0.05%	0.04%
	PLD	D	0.25%	0.28%	0.25%
	PNR	A	0.05%	0.05%	0.05%
	PPG	F	0.08%	0.08%	0.08%
	PTC	B	0.05%	0.06%	0.05%
	PWR	B	0.11%	0.12%	0.11%
	PYPL	A	0.17%	0.22%	0.17%
	QCOM	F	0.4%	0.52%	0.4%
	REG	A	0.03%	0.03%	0.03%
	REGN	F	0.19%	0.24%	0.19%
	ROK	B	0.09%	0.09%	0.09%
	ROP	A	0.13%	0.16%	0.13%
	RSG	A	0.1%	0.12%	0.1%
	RVTY	C	0.03%	0.04%	0.03%
	SBUX	B	0.3%	0.29%	0.29%
	SCHW	A	0.28%	0.3%	0.28%
	SHW	A	0.24%	0.26%	0.24%
	SNAP	C	0.03%	0.04%	0.03%
	SNOW	C	0.08%	0.1%	0.08%
	SNPS	B	0.18%	0.24%	0.18%
	SPG	B	0.14%	0.16%	0.14%
	SPGI	C	0.34%	0.43%	0.34%
	SQ	B	0.09%	0.11%	0.09%
	SRE	A	0.13%	0.15%	0.13%
	STLD	B	0.12%	0.06%	0.06%
	STT	B	0.07%	0.08%	0.07%
	T	A	0.33%	0.42%	0.33%
	TEAM	B	0.07%	0.1%	0.07%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.19%	0.13%
	TMO	F	0.47%	0.57%	0.47%
	TMUS	A	0.24%	0.33%	0.24%
	TRMB	B	0.05%	0.05%	0.05%
	TROW	B	0.06%	0.07%	0.06%
	TRU	D	0.04%	0.06%	0.04%
	TRV	B	0.14%	0.16%	0.14%
	TSLA	B	1.65%	2.29%	1.65%
	TT	A	0.24%	0.24%	0.24%
	TW	C	0.04%	0.04%	0.04%
	TWLO	A	0.03%	0.04%	0.03%
	TXN	C	0.41%	0.53%	0.41%
	UBER	F	0.31%	0.37%	0.31%
	ULTA	C	0.04%	0.05%	0.04%
	UNH	B	1.14%	1.5%	1.14%
	UNP	C	0.35%	0.4%	0.35%
	UPS	C	0.23%	0.26%	0.23%
	USB	A	0.2%	0.21%	0.2%
	V	A	1.07%	1.3%	1.07%
	VRSK	A	0.09%	0.11%	0.09%
	VRTX	B	0.28%	0.35%	0.28%
	VZ	C	0.36%	0.46%	0.36%
	WAB	A	0.1%	0.09%	0.09%
	WAT	A	0.05%	0.06%	0.05%
	WDAY	B	0.11%	0.15%	0.11%
	WELL	B	0.2%	0.22%	0.2%
	WFC	A	0.61%	0.66%	0.61%
	WM	A	0.21%	0.24%	0.21%
	WMT	A	0.71%	1.0%	0.71%
	WRB	B	0.04%	0.05%	0.04%
	WSM	F	0.03%	0.04%	0.03%
	WST	B	0.05%	0.06%	0.05%
	WTRG	C	0.03%	0.03%	0.03%
	WTW	A	0.08%	0.08%	0.08%
	WY	F	0.04%	0.06%	0.04%
	XEL	A	0.09%	0.1%	0.09%
	XYL	D	0.08%	0.08%	0.08%
	YUM	B	0.11%	0.1%	0.1%
	ZBH	C	0.05%	0.06%	0.05%
	ZS	B	0.04%	0.05%	0.04%
	ZTS	D	0.17%	0.21%	0.17%

CVLC Overweight 519 Positions Relative to USCA

	Symbol	Grade	Weight
	COST	B	0.79%
	GE	C	0.5%
	ISRG	A	0.4%
	C	A	0.32%
	AMAT	F	0.32%
	LOW	B	0.29%
	SYK	A	0.29%
	MDT	D	0.26%
	TJX	B	0.26%
	MU	D	0.26%
	KKR	B	0.25%
	PH	A	0.25%
	APH	B	0.24%
	ANET	C	0.23%
	ELV	F	0.22%
	GEV	B	0.22%
	LRCX	F	0.21%
	VMC	B	0.21%
	PNC	B	0.2%
	APD	B	0.19%
	KLAC	F	0.19%
	CI	D	0.19%
	CARR	C	0.18%
	COF	B	0.18%
	URI	B	0.16%
	MRVL	B	0.16%
	MSI	B	0.16%
	BDX	D	0.15%
	TFC	B	0.15%
	AMP	A	0.14%
	ORLY	A	0.14%
	AFL	C	0.13%
	IR	A	0.12%
	TTD	B	0.12%
	DHI	F	0.12%
	COIN	B	0.12%
	KR	A	0.12%
	MET	C	0.12%
	ALL	A	0.12%
	VRT	B	0.12%
	PSA	C	0.12%
	SYY	B	0.11%
	AZO	C	0.11%
	FICO	B	0.11%
	OTIS	C	0.11%
	PRU	B	0.11%
	MSCI	B	0.1%
	RS	B	0.1%
	LEN	D	0.1%
	GWW	B	0.1%
	KVUE	B	0.09%
	MTB	B	0.09%
	ROST	F	0.09%
	AXON	B	0.09%
	DAL	A	0.09%
	FAST	A	0.09%
	SW	C	0.08%
	MPWR	F	0.08%
	ALNY	D	0.08%
	KEYS	C	0.08%
	FITB	A	0.08%
	ARES	B	0.08%
	GLW	C	0.08%
	DDOG	B	0.08%
	EA	A	0.08%
	RMD	C	0.08%
	MCHP	F	0.08%
	EXR	D	0.08%
	GEHC	F	0.08%
	KHC	F	0.08%
	SYF	B	0.07%
	APP	B	0.07%
	FCNCA	B	0.07%
	VEEV	B	0.07%
	CSGP	D	0.07%
	IRM	D	0.07%
	CNC	F	0.07%
	WEC	B	0.07%
	RJF	A	0.07%
	HEI	B	0.07%
	HPQ	B	0.07%
	EME	B	0.06%
	RBLX	B	0.06%
	IFF	F	0.06%
	SBAC	D	0.06%
	LPLA	B	0.06%
	TTWO	A	0.06%
	AEE	A	0.06%
	CINF	A	0.06%
	CDW	F	0.06%
	DRI	B	0.06%
	BRO	A	0.06%
	RF	B	0.06%
	PKG	B	0.06%
	DXCM	C	0.06%
	DTE	D	0.06%
	TSCO	C	0.06%
	TDY	A	0.06%
	HBAN	B	0.06%
	VTR	C	0.06%
	NVR	D	0.06%
	PHM	D	0.06%
	ON	F	0.06%
	NRG	B	0.05%
	ESS	C	0.05%
	STX	D	0.05%
	KEY	B	0.05%
	CMS	C	0.05%
	PFG	C	0.05%
	WDC	D	0.05%
	STE	F	0.05%
	WSO	A	0.05%
	VLTO	C	0.05%
	SNA	A	0.05%
	NTAP	D	0.05%
	CVNA	B	0.05%
	CFG	B	0.05%
	TYL	B	0.05%
	BBY	D	0.04%
	SAIA	B	0.04%
	NVT	B	0.04%
	EWBC	B	0.04%
	COHR	B	0.04%
	TER	F	0.04%
	TOL	C	0.04%
	RGA	A	0.04%
	TXRH	A	0.04%
	FIX	B	0.04%
	PODD	B	0.04%
	PFGC	B	0.04%
	NI	A	0.04%
	DGX	A	0.04%
	UTHR	B	0.04%
	CAG	F	0.04%
	EG	D	0.04%
	ATI	D	0.04%
	CMC	B	0.04%
	SUI	D	0.04%
	SWK	F	0.04%
	SFM	B	0.04%
	MRNA	F	0.04%
	EQH	B	0.04%
	NDSN	B	0.04%
	CW	B	0.04%
	BAX	F	0.04%
	XPO	B	0.04%
	AMCR	D	0.04%
	HOLX	D	0.04%
	MDB	C	0.04%
	MOH	F	0.04%
	ZBRA	A	0.04%
	CASY	B	0.04%
	LYV	B	0.04%
	DPZ	C	0.04%
	MAA	C	0.04%
	WBD	B	0.04%
	ZM	B	0.04%
	IBKR	A	0.04%
	OMC	B	0.04%
	USFD	A	0.04%
	IPG	F	0.03%
	HRL	F	0.03%
	WBS	A	0.03%
	DUOL	B	0.03%
	CUBE	D	0.03%
	AOS	F	0.03%
	SRPT	F	0.03%
	ALLY	C	0.03%
	WAL	B	0.03%
	DCI	A	0.03%
	WING	D	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%
	BLD	F	0.03%
	WWD	B	0.03%
	SCI	B	0.03%
	POOL	D	0.03%
	AYI	B	0.03%
	INGR	B	0.03%
	NBIX	C	0.03%
	EVR	B	0.03%
	LBRDK	C	0.03%
	BMRN	F	0.03%
	LAMR	D	0.03%
	CE	F	0.03%
	ALSN	A	0.03%
	AIT	A	0.03%
	SF	B	0.03%
	JEF	A	0.03%
	MLI	B	0.03%
	ARMK	B	0.03%
	WPC	F	0.03%
	FFIV	A	0.03%
	CHRW	A	0.03%
	ELS	C	0.03%
	JLL	C	0.03%
	CPT	C	0.03%
	TTEK	C	0.03%
	HST	C	0.03%
	SWKS	F	0.03%
	DT	C	0.03%
	SOFI	B	0.03%
	ROL	B	0.03%
	LW	C	0.03%
	WMS	F	0.03%
	BURL	C	0.03%
	JBL	C	0.03%
	OWL	B	0.03%
	CLH	B	0.03%
	ATR	A	0.03%
	UNM	A	0.03%
	NTNX	B	0.03%
	DOCU	B	0.03%
	GWRE	A	0.03%
	LECO	C	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%
	AVTR	F	0.03%
	VRSN	C	0.03%
	RNR	D	0.03%
	ALLE	D	0.03%
	ITT	A	0.03%
	UDR	C	0.03%
	MAS	D	0.03%
	PSTG	D	0.03%
	ALGN	F	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%
	HLNE	B	0.02%
	ALK	A	0.02%
	PARA	C	0.02%
	LNC	B	0.02%
	S	B	0.02%
	ESTC	C	0.02%
	CVLT	A	0.02%
	TREX	C	0.02%
	LSCC	D	0.02%
	BC	C	0.02%
	MTG	C	0.02%
	FCN	F	0.02%
	LSTR	B	0.02%
	PLNT	A	0.02%
	SAIC	C	0.02%
	BIO	C	0.02%
	GXO	B	0.02%
	MTH	D	0.02%
	WTS	B	0.02%
	R	A	0.02%
	RL	B	0.02%
	RHP	B	0.02%
	AXS	A	0.02%
	OMF	A	0.02%
	WEX	D	0.02%
	SKX	F	0.02%
	UFPI	B	0.02%
	AGCO	F	0.02%
	WH	A	0.02%
	BCPC	B	0.02%
	HAS	D	0.02%
	TPX	B	0.02%
	GKOS	A	0.02%
	RIVN	D	0.02%
	RYAN	A	0.02%
	STAG	D	0.02%
	FR	C	0.02%
	RGEN	C	0.02%
	HALO	B	0.02%
	OLED	F	0.02%
	RHI	B	0.02%
	CADE	B	0.02%
	BRBR	A	0.02%
	COKE	C	0.02%
	ONB	B	0.02%
	BPOP	C	0.02%
	COLD	F	0.02%
	TMHC	C	0.02%
	DAR	B	0.02%
	HQY	B	0.02%
	ENSG	C	0.02%
	LFUS	D	0.02%
	CBT	C	0.02%
	WSC	F	0.02%
	MOG.A	B	0.02%
	ALV	C	0.02%
	MSA	D	0.02%
	VNO	C	0.02%
	ESI	B	0.02%
	CHE	D	0.02%
	AGNC	C	0.02%
	NOVT	C	0.02%
	PB	B	0.02%
	BMI	B	0.02%
	NNN	F	0.02%
	ONTO	F	0.02%
	BWA	B	0.02%
	SNX	C	0.02%
	WCC	B	0.02%
	HRB	D	0.02%
	ENPH	F	0.02%
	LAD	B	0.02%
	VMI	B	0.02%
	ROKU	C	0.02%
	MKSI	C	0.02%
	PCTY	A	0.02%
	PEN	B	0.02%
	HSIC	F	0.02%
	GTLS	A	0.02%
	NYT	C	0.02%
	LKQ	D	0.02%
	VOYA	B	0.02%
	MEDP	C	0.02%
	CGNX	C	0.02%
	IVZ	C	0.02%
	FRPT	B	0.02%
	MORN	B	0.02%
	CIEN	B	0.02%
	SNV	B	0.02%
	BRX	A	0.02%
	FBIN	F	0.02%
	SSB	B	0.02%
	GMED	B	0.02%
	JXN	B	0.02%
	OSK	B	0.02%
	SEIC	A	0.02%
	ESAB	B	0.02%
	MTZ	B	0.02%
	FMC	F	0.02%
	CFR	B	0.02%
	FND	F	0.02%
	WTFC	B	0.02%
	MIDD	C	0.02%
	BERY	C	0.02%
	KNX	B	0.02%
	AAL	B	0.02%
	SSD	D	0.02%
	DKS	F	0.02%
	CBSH	A	0.02%
	ACI	C	0.02%
	ORI	A	0.02%
	ZION	B	0.02%
	DOX	C	0.02%
	FLS	B	0.02%
	CNM	D	0.02%
	APG	B	0.02%
	EXEL	B	0.02%
	EXAS	F	0.02%
	MKTX	C	0.02%
	EHC	A	0.02%
	TPR	B	0.02%
	REXR	F	0.02%
	FRT	C	0.02%
	RPRX	F	0.02%
	CMA	A	0.02%
	PNFP	B	0.02%
	BJ	B	0.02%
	EPAM	B	0.02%
	KMX	C	0.02%
	SMCI	F	0.02%
	GPK	D	0.02%
	GL	B	0.02%
	AFG	A	0.02%
	AXTA	A	0.02%
	PRI	A	0.02%
	TTC	F	0.02%
	MOS	D	0.02%
	KNSL	C	0.02%
	AES	F	0.02%
	HLI	B	0.02%
	OHI	C	0.02%
	Z	B	0.02%
	COTY	F	0.01%
	COLM	B	0.01%
	PAG	B	0.01%
	CWEN	D	0.01%
	AGR	C	0.01%
	ALGM	F	0.01%
	APLS	F	0.01%
	TNET	D	0.01%
	PFSI	D	0.01%
	CACC	D	0.01%
	ZI	D	0.01%
	BOKF	B	0.01%
	CHWY	B	0.01%
	MSM	B	0.01%
	BBIO	F	0.01%
	CWAN	B	0.01%
	SIG	B	0.01%
	CHH	B	0.01%
	AN	C	0.01%
	M	D	0.01%
	OPCH	F	0.01%
	CDP	C	0.01%
	FIVE	F	0.01%
	EEFT	C	0.01%
	OGN	F	0.01%
	DLB	C	0.01%
	WMG	B	0.01%
	NSIT	F	0.01%
	RH	C	0.01%
	GAP	B	0.01%
	BCO	F	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%
	APPF	B	0.01%
	PSN	B	0.01%
	LANC	C	0.01%
	XRAY	F	0.01%
	SWX	B	0.01%
	DOCS	B	0.01%
	HCP	A	0.01%
	BCC	B	0.01%
	ELF	C	0.01%
	PVH	C	0.01%
	ZWS	B	0.01%
	WHR	B	0.01%
	EXPO	D	0.01%
	KD	A	0.01%
	CRUS	F	0.01%
	CROX	F	0.01%
	OLLI	C	0.01%
	IONS	F	0.01%
	MMS	D	0.01%
	POR	D	0.01%
	ASH	F	0.01%
	ETSY	C	0.01%
	FELE	A	0.01%
	DY	C	0.01%
	QLYS	B	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%
	MAT	C	0.01%
	RDN	C	0.01%
	ALTR	C	0.01%
	LEA	F	0.01%
	ARW	F	0.01%
	AZEK	B	0.01%
	SLM	B	0.01%
	VNT	B	0.01%
	MMSI	B	0.01%
	IBP	F	0.01%
	OZK	B	0.01%
	RMBS	B	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%
	ANF	D	0.01%
	BRKR	F	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%
	DBX	B	0.01%
	BPMC	B	0.01%
	TPG	B	0.01%
	ST	F	0.01%
	G	B	0.01%
	TKR	F	0.01%
	SON	D	0.01%
	BILL	A	0.01%
	ELAN	D	0.01%
	HOMB	A	0.01%
	CELH	F	0.01%
	KBH	D	0.01%
	HXL	D	0.01%
	SPSC	D	0.01%
	JHG	B	0.01%
	STWD	D	0.01%
	IDA	A	0.01%
	KRG	B	0.01%
	ESNT	D	0.01%
	MTN	D	0.01%
	QRVO	F	0.01%
	CWST	A	0.01%
	FNB	A	0.01%
	SIGI	B	0.01%
	COOP	B	0.01%
	EXLS	B	0.01%
	BFAM	F	0.01%
	LPX	B	0.01%
	JAZZ	B	0.01%
	SEE	C	0.01%
	BEN	C	0.01%
	GATX	A	0.01%
	LEVI	F	0.0%

CVLC Underweight 44 Positions Relative to USCA

	Symbol	Grade	Weight
	META	B	-3.49%
	GOOG	B	-2.07%
	XOM	B	-1.46%
	JNJ	D	-1.01%
	CVX	B	-0.74%
	MCD	C	-0.57%
	MS	A	-0.42%
	COP	C	-0.35%
	PLTR	B	-0.3%
	CB	C	-0.29%
	SO	D	-0.26%
	DUK	D	-0.23%
	MCK	A	-0.22%
	MELI	D	-0.21%
	EOG	A	-0.2%
	MMM	C	-0.2%
	CSX	B	-0.19%
	FCX	F	-0.19%
	SLB	C	-0.17%
	OKE	A	-0.16%
	NSC	B	-0.16%
	AEP	D	-0.14%
	NEM	F	-0.14%
	KMI	B	-0.14%
	WCN	A	-0.13%
	HES	C	-0.11%
	CTVA	C	-0.11%
	DD	D	-0.1%
	MLM	B	-0.1%
	STZ	D	-0.1%
	VICI	D	-0.09%
	GRMN	A	-0.09%
	FANG	D	-0.09%
	GPN	B	-0.08%
	ATO	A	-0.06%
	MRO	B	-0.05%
	LVS	C	-0.05%
	RPM	A	-0.04%
	TAP	B	-0.03%
	ALB	B	-0.03%
	MTCH	F	-0.02%
	BSY	F	-0.02%
	MGM	D	-0.02%
	WYNN	F	-0.02%

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

USCA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Drug Manufacturers - Major Utilities - Regulated Electric Asset Management Capital Markets Semiconductors Household & Personal Products Internet Content & Information Oil & Gas E&P Software - Infrastructure Specialty Chemicals Credit Services Specialty Retail Beverages - Soft Drinks Financial Data & Stock Exchanges Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Computing Insurance Chemical Electricity Work From Home Electronics Mining Telecommunications Real Estate Investment Trust Software Beverage Mobile Devices Software As A Service Disease Medicine Oil And Gas