CVLC vs. USNZ ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ)

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

$74.36

Average Daily Volume

9,869

Number of Holdings ^*

767

* may have additional holdings in another (foreign) market

USNZ

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

USNZ Description

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF is an exchange traded fund launched and managed by DBX Advisors LLC. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Solactive ISS ESG United States Net Zero Pathway Enhanced Index, by using full replication technique. The fund does not invest in companies operating across controversial weapons, exhibit poor overall ESG performance, fossil fuels, oil sands, hydraulic fracturing and shale oil/gas, artic or deep water drilling, tobacco, weapons and firearms, alcohol, gambling, adult entertainment or recreational cannabis. Xtrackers Net Zero Pathway Paris Aligned US Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.85

Average Daily Volume

6,712

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	USNZ
30 Days	2.84%	0.75%
60 Days	6.31%	3.87%
90 Days	8.19%	5.27%
12 Months	34.19%	32.29%

293 Overlapping Holdings

Symbol	Grade	Weight in CVLC	Weight in USNZ	Overlap
A	F	0.09%	0.09%	0.09%
AAPL	C	6.29%	8.49%	6.29%
ABBV	F	0.79%	0.84%	0.79%
ABNB	C	0.13%	0.14%	0.13%
ABT	C	0.45%	0.52%	0.45%
ACGL	C	0.09%	0.07%	0.07%
ACN	B	0.47%	0.49%	0.47%
ADBE	C	0.47%	0.45%	0.45%
ADI	D	0.23%	0.32%	0.23%
ADP	A	0.26%	0.26%	0.26%
ADSK	B	0.14%	0.14%	0.14%
AFL	C	0.13%	0.11%	0.11%
AIG	B	0.12%	0.09%	0.09%
AJG	A	0.14%	0.13%	0.13%
AKAM	F	0.03%	0.03%	0.03%
ALGN	D	0.03%	0.12%	0.03%
ALL	B	0.12%	0.07%	0.07%
ALNY	D	0.08%	0.18%	0.08%
AMAT	F	0.32%	0.4%	0.32%
AMD	F	0.49%	0.56%	0.49%
AMGN	F	0.38%	0.45%	0.38%
AMP	A	0.14%	0.1%	0.1%
AMT	F	0.22%	0.29%	0.22%
ANET	C	0.23%	0.32%	0.23%
AON	B	0.2%	0.16%	0.16%
APO	B	0.16%	0.14%	0.14%
APTV	F	0.03%	0.1%	0.03%
ARE	F	0.05%	0.14%	0.05%
ARES	B	0.08%	0.07%	0.07%
AVB	B	0.08%	0.18%	0.08%
AVGO	C	1.65%	1.79%	1.65%
AVTR	F	0.03%	0.13%	0.03%
AWK	D	0.06%	0.49%	0.06%
AXP	B	0.41%	0.35%	0.35%
AZO	B	0.11%	0.22%	0.11%
BAC	A	0.72%	0.61%	0.61%
BALL	D	0.05%	0.12%	0.05%
BAX	F	0.04%	0.14%	0.04%
BBY	C	0.04%	0.08%	0.04%
BDX	F	0.15%	0.24%	0.15%
BIIB	F	0.06%	0.13%	0.06%
BK	B	0.14%	0.13%	0.13%
BKNG	A	0.35%	0.34%	0.34%
BMRN	F	0.03%	0.11%	0.03%
BMY	B	0.25%	0.37%	0.25%
BR	A	0.05%	0.05%	0.05%
BSX	A	0.28%	0.38%	0.28%
C	B	0.32%	0.26%	0.26%
CAG	F	0.04%	0.1%	0.04%
CARR	C	0.18%	0.12%	0.12%
CBOE	D	0.05%	0.05%	0.05%
CBRE	B	0.1%	0.06%	0.06%
CCI	F	0.11%	0.2%	0.11%
CDNS	B	0.17%	0.17%	0.17%
CDW	F	0.06%	0.06%	0.06%
CFG	B	0.05%	0.02%	0.02%
CHD	A	0.05%	0.15%	0.05%
CHTR	B	0.08%	0.08%	0.08%
CI	D	0.19%	0.17%	0.17%
CINF	A	0.06%	0.04%	0.04%
CL	F	0.15%	0.22%	0.15%
CLX	A	0.04%	0.16%	0.04%
CMCSA	B	0.36%	0.36%	0.36%
CME	B	0.2%	0.17%	0.17%
CMG	B	0.22%	0.17%	0.17%
CNC	F	0.07%	0.08%	0.07%
COF	B	0.18%	0.11%	0.11%
COIN	B	0.12%	0.11%	0.11%
CPB	F	0.03%	0.1%	0.03%
CPRT	A	0.11%	0.21%	0.11%
CRM	B	0.6%	0.59%	0.59%
CRWD	B	0.15%	0.15%	0.15%
CSCO	A	0.48%	0.59%	0.48%
CSGP	F	0.07%	0.06%	0.06%
CTAS	B	0.15%	0.17%	0.15%
CTSH	A	0.08%	0.08%	0.08%
CVS	F	0.17%	0.25%	0.17%
DAL	A	0.09%	0.15%	0.09%
DDOG	B	0.08%	0.07%	0.07%
DE	D	0.29%	0.3%	0.29%
DFS	B	0.11%	0.1%	0.1%
DGX	B	0.04%	0.03%	0.03%
DHI	D	0.12%	0.2%	0.12%
DHR	F	0.36%	0.43%	0.36%
DIS	B	0.39%	0.37%	0.37%
DLR	C	0.14%	0.24%	0.14%
DOC	C	0.04%	0.15%	0.04%
DOV	A	0.08%	0.13%	0.08%
DOX	C	0.02%	0.02%	0.02%
DPZ	C	0.04%	0.03%	0.03%
DXCM	C	0.06%	0.12%	0.06%
EA	A	0.08%	0.08%	0.08%
EBAY	C	0.06%	0.18%	0.06%
ECL	C	0.17%	0.23%	0.17%
EFX	F	0.07%	0.08%	0.07%
EG	D	0.04%	0.02%	0.02%
EL	F	0.03%	0.1%	0.03%
ELV	F	0.22%	0.2%	0.2%
ENPH	F	0.02%	0.09%	0.02%
EQIX	B	0.2%	0.29%	0.2%
EQR	C	0.06%	0.16%	0.06%
ESS	C	0.05%	0.15%	0.05%
EW	F	0.09%	0.15%	0.09%
EXPD	C	0.04%	0.12%	0.04%
EXR	D	0.08%	0.18%	0.08%
F	C	0.1%	0.09%	0.09%
FAST	B	0.09%	0.23%	0.09%
FDX	B	0.15%	0.21%	0.15%
FI	A	0.25%	0.26%	0.25%
FICO	B	0.11%	0.11%	0.11%
FIS	B	0.1%	0.1%	0.1%
FITB	A	0.08%	0.06%	0.06%
FTNT	B	0.11%	0.1%	0.1%
GEHC	D	0.08%	0.19%	0.08%
GEN	B	0.03%	0.04%	0.03%
GILD	B	0.25%	0.4%	0.25%
GIS	F	0.1%	0.16%	0.1%
GLW	B	0.08%	0.17%	0.08%
GM	B	0.15%	0.15%	0.15%
GOOGL	C	3.71%	2.15%	2.15%
GPC	D	0.03%	0.12%	0.03%
GS	B	0.46%	0.39%	0.39%
GWW	B	0.1%	0.19%	0.1%
HBAN	A	0.06%	0.06%	0.06%
HD	B	0.76%	0.87%	0.76%
HIG	C	0.08%	0.05%	0.05%
HOLX	D	0.04%	0.14%	0.04%
HPQ	B	0.07%	0.13%	0.07%
HRL	F	0.03%	0.08%	0.03%
HSY	F	0.07%	0.14%	0.07%
HUBS	B	0.06%	0.07%	0.06%
HUM	D	0.08%	0.08%	0.08%
IBKR	A	0.04%	0.05%	0.04%
ICE	C	0.22%	0.19%	0.19%
IDXX	F	0.08%	0.17%	0.08%
IFF	F	0.06%	0.13%	0.06%
ILMN	C	0.05%	0.2%	0.05%
INCY	B	0.03%	0.17%	0.03%
INTC	C	0.22%	0.3%	0.22%
INTU	A	0.37%	0.37%	0.37%
IQV	F	0.09%	0.08%	0.08%
IRM	D	0.07%	0.2%	0.07%
ISRG	A	0.4%	0.5%	0.4%
IT	B	0.09%	0.08%	0.08%
JBHT	C	0.04%	0.14%	0.04%
JCI	A	0.15%	0.12%	0.12%
JPM	A	1.43%	1.38%	1.38%
K	A	0.06%	0.17%	0.06%
KDP	C	0.1%	0.17%	0.1%
KEY	B	0.05%	0.03%	0.03%
KEYS	C	0.08%	0.17%	0.08%
KHC	F	0.08%	0.13%	0.08%
KKR	B	0.25%	0.22%	0.22%
KLAC	F	0.19%	0.26%	0.19%
KMB	D	0.09%	0.17%	0.09%
KO	F	0.57%	0.6%	0.57%
LEN	D	0.1%	0.19%	0.1%
LEN	D	0.1%	0.05%	0.05%
LH	B	0.04%	0.05%	0.04%
LLY	F	1.32%	1.46%	1.32%
LOW	B	0.29%	0.37%	0.29%
LRCX	F	0.21%	0.28%	0.21%
LULU	B	0.07%	0.19%	0.07%
LYV	A	0.04%	0.04%	0.04%
MA	B	0.9%	0.88%	0.88%
MAA	C	0.04%	0.15%	0.04%
MAS	D	0.03%	0.12%	0.03%
MCHP	F	0.08%	0.15%	0.08%
MCO	C	0.16%	0.16%	0.16%
MDB	C	0.04%	0.04%	0.04%
MDLZ	F	0.25%	0.27%	0.25%
MDT	D	0.26%	0.34%	0.26%
MET	C	0.12%	0.07%	0.07%
MKC	D	0.06%	0.15%	0.06%
MMC	D	0.27%	0.23%	0.23%
MPWR	F	0.08%	0.16%	0.08%
MRK	F	0.57%	0.6%	0.57%
MRNA	F	0.04%	0.08%	0.04%
MRVL	B	0.16%	0.26%	0.16%
MSCI	B	0.1%	0.09%	0.09%
MSFT	C	5.74%	8.04%	5.74%
MSI	B	0.16%	0.28%	0.16%
MTB	A	0.09%	0.06%	0.06%
MTD	F	0.06%	0.17%	0.06%
MU	D	0.26%	0.33%	0.26%
NDAQ	B	0.08%	0.07%	0.07%
NET	B	0.06%	0.06%	0.06%
NFLX	A	0.7%	0.68%	0.68%
NKE	F	0.18%	0.29%	0.18%
NOW	A	0.43%	0.42%	0.42%
NTAP	D	0.05%	0.14%	0.05%
NTRS	A	0.05%	0.05%	0.05%
NUE	D	0.22%	0.09%	0.09%
NVDA	A	6.41%	7.72%	6.41%
NVR	D	0.06%	0.16%	0.06%
O	D	0.12%	0.21%	0.12%
ODFL	B	0.1%	0.21%	0.1%
OKTA	C	0.03%	0.03%	0.03%
OMC	A	0.04%	0.04%	0.04%
ON	F	0.06%	0.14%	0.06%
ORCL	A	0.61%	0.59%	0.59%
ORLY	A	0.14%	0.27%	0.14%
OTIS	D	0.11%	0.18%	0.11%
PANW	B	0.26%	0.25%	0.25%
PAYX	B	0.1%	0.1%	0.1%
PCAR	B	0.17%	0.12%	0.12%
PEP	D	0.55%	0.55%	0.55%
PFE	F	0.34%	0.42%	0.34%
PFG	C	0.05%	0.03%	0.03%
PG	C	0.75%	0.86%	0.75%
PGR	A	0.37%	0.3%	0.3%
PHM	D	0.06%	0.16%	0.06%
PINS	F	0.04%	0.04%	0.04%
PKG	B	0.06%	0.16%	0.06%
PLD	D	0.25%	0.32%	0.25%
PNC	B	0.2%	0.16%	0.16%
PPG	F	0.08%	0.14%	0.08%
PRU	B	0.11%	0.07%	0.07%
PSA	D	0.12%	0.23%	0.12%
PYPL	A	0.17%	0.18%	0.17%
QCOM	F	0.4%	0.47%	0.4%
RBLX	B	0.06%	0.05%	0.05%
REGN	F	0.19%	0.26%	0.19%
RF	A	0.06%	0.02%	0.02%
RJF	A	0.07%	0.07%	0.07%
RMD	C	0.08%	0.21%	0.08%
ROL	C	0.03%	0.04%	0.03%
RPRX	F	0.02%	0.13%	0.02%
SBAC	D	0.06%	0.17%	0.06%
SCHW	B	0.28%	0.23%	0.23%
SHW	A	0.24%	0.3%	0.24%
SMCI	F	0.02%	0.05%	0.02%
SNA	A	0.05%	0.16%	0.05%
SNAP	C	0.03%	0.03%	0.03%
SNOW	C	0.08%	0.08%	0.08%
SNPS	C	0.18%	0.18%	0.18%
SPG	A	0.14%	0.24%	0.14%
SPGI	C	0.34%	0.33%	0.33%
SQ	B	0.09%	0.09%	0.09%
SSNC	C	0.03%	0.03%	0.03%
STE	D	0.05%	0.15%	0.05%
STT	B	0.07%	0.07%	0.07%
STX	D	0.05%	0.12%	0.05%
SWKS	F	0.03%	0.1%	0.03%
SYF	B	0.07%	0.06%	0.06%
SYK	A	0.29%	0.35%	0.29%
SYY	D	0.11%	0.18%	0.11%
T	A	0.33%	0.32%	0.32%
TEAM	B	0.07%	0.08%	0.07%
TER	F	0.04%	0.09%	0.04%
TFC	B	0.15%	0.12%	0.12%
TGT	C	0.13%	0.2%	0.13%
TMO	F	0.47%	0.54%	0.47%
TMUS	A	0.24%	0.23%	0.23%
TROW	A	0.06%	0.06%	0.06%
TRU	D	0.04%	0.05%	0.04%
TRV	B	0.14%	0.1%	0.1%
TSCO	D	0.06%	0.12%	0.06%
TT	B	0.24%	0.0%	0.0%
TTD	B	0.12%	0.12%	0.12%
TTWO	A	0.06%	0.06%	0.06%
TXN	B	0.41%	0.5%	0.41%
UBER	F	0.31%	0.4%	0.31%
ULTA	C	0.04%	0.14%	0.04%
UNH	B	1.14%	1.13%	1.13%
UPS	C	0.23%	0.29%	0.23%
USB	B	0.2%	0.14%	0.14%
V	A	1.07%	0.99%	0.99%
VEEV	B	0.07%	0.07%	0.07%
VRSK	A	0.09%	0.08%	0.08%
VRSN	C	0.03%	0.03%	0.03%
VRTX	B	0.28%	0.37%	0.28%
VTR	C	0.06%	0.18%	0.06%
VZ	D	0.36%	0.34%	0.34%
WAB	B	0.1%	0.12%	0.1%
WAT	B	0.05%	0.18%	0.05%
WBD	B	0.04%	0.04%	0.04%
WDAY	B	0.11%	0.11%	0.11%
WDC	D	0.05%	0.09%	0.05%
WELL	B	0.2%	0.31%	0.2%
WFC	A	0.61%	0.49%	0.49%
WM	A	0.21%	0.28%	0.21%
WMG	B	0.01%	0.01%	0.01%
WRB	B	0.04%	0.03%	0.03%
WST	B	0.05%	0.15%	0.05%
WTW	A	0.08%	0.07%	0.07%
WY	F	0.04%	0.16%	0.04%
YUM	B	0.11%	0.05%	0.05%
ZBH	C	0.05%	0.15%	0.05%
ZBRA	B	0.04%	0.16%	0.04%
ZM	B	0.04%	0.04%	0.04%
ZS	B	0.04%	0.04%	0.04%
ZTS	D	0.17%	0.27%	0.17%

CVLC Overweight 475 Positions Relative to USNZ

Symbol	Grade	Weight
AMZN	A	3.69%
TSLA	B	1.65%
COST	B	0.79%
WMT	A	0.71%
LIN	D	0.53%
CAT	B	0.53%
GE	D	0.5%
IBM	D	0.41%
ETN	B	0.4%
NEE	D	0.37%
UNP	D	0.35%
BX	A	0.31%
SBUX	B	0.3%
TJX	A	0.26%
PH	A	0.25%
APH	B	0.24%
ITW	B	0.23%
BKR	B	0.23%
GEV	B	0.22%
VMC	B	0.21%
EMR	A	0.2%
OXY	F	0.19%
APD	B	0.19%
CEG	D	0.18%
URI	B	0.16%
MAR	A	0.14%
ROP	A	0.13%
HLT	A	0.13%
CMI	A	0.13%
SRE	B	0.13%
IR	A	0.12%
D	D	0.12%
KR	A	0.12%
STLD	C	0.12%
AME	A	0.12%
VRT	B	0.12%
MNST	B	0.11%
PWR	B	0.11%
CSL	B	0.11%
RS	C	0.1%
PEG	C	0.1%
RSG	B	0.1%
KVUE	A	0.09%
OC	A	0.09%
XEL	A	0.09%
ROST	D	0.09%
AXON	B	0.09%
ROK	B	0.09%
EXC	C	0.09%
SW	B	0.08%
DELL	C	0.08%
ED	D	0.08%
XYL	F	0.08%
APP	B	0.07%
FCNCA	B	0.07%
HUBB	C	0.07%
FTV	C	0.07%
WEC	B	0.07%
HEI	A	0.07%
EME	B	0.06%
LPLA	A	0.06%
AEE	B	0.06%
DRI	B	0.06%
BRO	B	0.06%
HPE	B	0.06%
DTE	D	0.06%
ANSS	B	0.06%
TDY	B	0.06%
NRG	C	0.05%
PNR	A	0.05%
CMS	D	0.05%
TRMB	B	0.05%
DECK	B	0.05%
PTC	B	0.05%
IEX	B	0.05%
WSO	B	0.05%
BAH	C	0.05%
VLTO	D	0.05%
CVNA	B	0.05%
ES	D	0.05%
TYL	B	0.05%
LII	B	0.05%
SAIA	B	0.04%
NVT	C	0.04%
LNT	C	0.04%
MANH	C	0.04%
EWBC	B	0.04%
TW	B	0.04%
COHR	C	0.04%
TOL	B	0.04%
RGA	A	0.04%
ACM	B	0.04%
TXRH	A	0.04%
FIX	B	0.04%
PODD	B	0.04%
PFGC	B	0.04%
NI	A	0.04%
FSLR	F	0.04%
UTHR	B	0.04%
KIM	A	0.04%
ATI	F	0.04%
CMC	B	0.04%
SUI	F	0.04%
SWK	F	0.04%
SFM	B	0.04%
EQH	B	0.04%
NDSN	B	0.04%
CW	C	0.04%
FDS	A	0.04%
XPO	B	0.04%
AMCR	D	0.04%
GGG	B	0.04%
MOH	F	0.04%
CASY	B	0.04%
AVY	F	0.04%
USFD	B	0.04%
IPG	F	0.03%
WBS	A	0.03%
DUOL	A	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%
DAY	B	0.03%
FHN	A	0.03%
CNH	D	0.03%
AFRM	B	0.03%
TOST	A	0.03%
DLTR	F	0.03%
TECH	D	0.03%
JNPR	D	0.03%
WTRG	C	0.03%
BLD	F	0.03%
WWD	B	0.03%
SCI	B	0.03%
POOL	D	0.03%
AYI	A	0.03%
INGR	B	0.03%
JKHY	C	0.03%
NBIX	C	0.03%
EVR	B	0.03%
LBRDK	C	0.03%
CG	B	0.03%
LAMR	D	0.03%
CE	F	0.03%
ALSN	B	0.03%
AIT	A	0.03%
SF	A	0.03%
JEF	B	0.03%
MLI	B	0.03%
ARMK	B	0.03%
WPC	F	0.03%
FFIV	B	0.03%
CHRW	A	0.03%
ELS	B	0.03%
JLL	C	0.03%
CPT	C	0.03%
TTEK	F	0.03%
HST	D	0.03%
DT	C	0.03%
BXP	D	0.03%
SOFI	B	0.03%
WSM	F	0.03%
CCK	D	0.03%
LW	B	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%
REG	A	0.03%
UNM	A	0.03%
NTNX	B	0.03%
DOCU	B	0.03%
GWRE	A	0.03%
TWLO	B	0.03%
LECO	C	0.03%
ENTG	F	0.03%
SUM	B	0.03%
RRX	B	0.03%
EVRG	A	0.03%
EMN	D	0.03%
DG	F	0.03%
SJM	F	0.03%
BG	D	0.03%
RNR	D	0.03%
ALLE	D	0.03%
RVTY	C	0.03%
ITT	A	0.03%
UDR	C	0.03%
PSTG	D	0.03%
FSS	C	0.02%
SMAR	A	0.02%
ITRI	B	0.02%
MOD	D	0.02%
VFC	C	0.02%
MHK	D	0.02%
HLNE	B	0.02%
ALK	A	0.02%
PARA	B	0.02%
LNC	B	0.02%
S	B	0.02%
ESTC	C	0.02%
CVLT	B	0.02%
TREX	C	0.02%
LSCC	D	0.02%
BC	D	0.02%
MTG	C	0.02%
FCN	F	0.02%
LSTR	B	0.02%
PLNT	A	0.02%
SAIC	D	0.02%
BIO	C	0.02%
GXO	B	0.02%
MTH	D	0.02%
WTS	B	0.02%
R	B	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%
DVA	C	0.02%
TPX	B	0.02%
GKOS	B	0.02%
RIVN	F	0.02%
RYAN	B	0.02%
STAG	D	0.02%
FR	D	0.02%
RGEN	C	0.02%
HALO	C	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	B	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%
LAD	B	0.02%
VMI	B	0.02%
ROKU	C	0.02%
MKSI	C	0.02%
PCTY	B	0.02%
PEN	C	0.02%
HSIC	F	0.02%
GTLS	B	0.02%
NYT	C	0.02%
LKQ	C	0.02%
VOYA	B	0.02%
MEDP	D	0.02%
CGNX	C	0.02%
IVZ	B	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	C	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%
TFX	F	0.02%
MIDD	D	0.02%
BERY	D	0.02%
KNX	C	0.02%
AAL	B	0.02%
SSD	F	0.02%
DKS	D	0.02%
CBSH	A	0.02%
ACI	C	0.02%
ORI	A	0.02%
ZION	B	0.02%
FLS	B	0.02%
CNM	D	0.02%
APG	C	0.02%
EXEL	B	0.02%
EXAS	F	0.02%
MKTX	C	0.02%
EHC	B	0.02%
TPR	A	0.02%
REXR	F	0.02%
FRT	B	0.02%
CMA	A	0.02%
PNFP	B	0.02%
BJ	B	0.02%
EPAM	B	0.02%
KMX	B	0.02%
CTLT	D	0.02%
GPK	D	0.02%
GL	B	0.02%
AFG	A	0.02%
AXTA	A	0.02%
PRI	B	0.02%
TTC	F	0.02%
CRL	C	0.02%
MOS	D	0.02%
KNSL	C	0.02%
AES	F	0.02%
PAYC	B	0.02%
HLI	B	0.02%
OHI	C	0.02%
Z	B	0.02%
COTY	D	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	C	0.01%
PFSI	D	0.01%
CACC	D	0.01%
ZI	C	0.01%
BOKF	B	0.01%
CHWY	B	0.01%
MSM	C	0.01%
BBIO	F	0.01%
CWAN	B	0.01%
SIG	B	0.01%
CHH	B	0.01%
AN	C	0.01%
M	C	0.01%
OPCH	F	0.01%
CDP	C	0.01%
FIVE	F	0.01%
EEFT	C	0.01%
OGN	F	0.01%
DLB	D	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	D	0.01%
ATKR	C	0.01%
TENB	C	0.01%
LYFT	B	0.01%
APPF	B	0.01%
PSN	C	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	F	0.01%
POR	D	0.01%
ASH	F	0.01%
ETSY	D	0.01%
FELE	B	0.01%
DY	C	0.01%
QLYS	B	0.01%
VRNS	C	0.01%
NXST	C	0.01%
BECN	B	0.01%
GME	C	0.01%
UGI	D	0.01%
FLO	F	0.01%
SLGN	B	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	A	0.01%
VNT	C	0.01%
MMSI	B	0.01%
IBP	F	0.01%
OZK	B	0.01%
RMBS	C	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	C	0.01%
BRKR	F	0.01%
FAF	C	0.01%
NFG	D	0.01%
BBWI	C	0.01%
TRNO	F	0.01%
THG	A	0.01%
INSP	F	0.01%
AL	B	0.01%
DBX	B	0.01%
BPMC	C	0.01%
TPG	B	0.01%
ST	F	0.01%
G	B	0.01%
TKR	F	0.01%
SON	F	0.01%
BILL	B	0.01%
ELAN	C	0.01%
HOMB	A	0.01%
CELH	F	0.01%
KBH	D	0.01%
HXL	F	0.01%
SPSC	F	0.01%
JHG	A	0.01%
STWD	C	0.01%
IDA	A	0.01%
KRG	B	0.01%
ESNT	D	0.01%
MTN	C	0.01%
QRVO	F	0.01%
CWST	B	0.01%
FNB	B	0.01%
SIGI	B	0.01%
H	B	0.01%
COOP	B	0.01%
EXLS	B	0.01%
BFAM	F	0.01%
LPX	A	0.01%
JAZZ	B	0.01%
SEE	C	0.01%
BEN	C	0.01%
GATX	B	0.01%
LEVI	F	0.0%

CVLC Underweight 38 Positions Relative to USNZ

Symbol	Grade	Weight
META	B	-3.23%
GOOG	C	-1.93%
JNJ	D	-0.87%
EIX	C	-0.55%
MCD	C	-0.43%
MS	A	-0.34%
MELI	D	-0.28%
DASH	A	-0.28%
MCK	B	-0.24%
CB	C	-0.23%
GRMN	A	-0.19%
CTVA	C	-0.19%
USCA	A	-0.18%
VICI	D	-0.18%
MLM	B	-0.17%
COR	B	-0.17%
INVH	D	-0.14%
HCA	D	-0.14%
UAL	A	-0.14%
SCCO	F	-0.12%
SPOT	A	-0.12%
CAH	B	-0.1%
LUV	B	-0.1%
ARM	D	-0.1%
GFS	C	-0.07%
GPN	B	-0.07%
IP	B	-0.06%
CPAY	A	-0.06%
EXPE	B	-0.05%
MKL	A	-0.04%
RKT	F	-0.02%
FOXA	A	-0.02%
FNF	C	-0.02%
SIRI	C	-0.01%
PABU	A	-0.01%
FOX	A	-0.01%
ADM	F	-0.0%
TSN	B	-0.0%