CVLC vs. XRMI ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Global X S&P 500 (XRMI)

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

XRMI

Global X S&P 500

XRMI Description

Global X Funds - Global X S&P 500 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Risk Managed Income Index, by using full replication technique. Global X Funds - Global X S&P 500 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.18

Average Daily Volume

12,423

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	XRMI
30 Days	2.84%	1.16%
60 Days	6.31%	2.63%
90 Days	8.19%	2.70%
12 Months	34.19%	11.10%

391 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in XRMI	Overlap
	A	F	0.09%	0.08%	0.08%
	AAPL	C	6.29%	7.01%	6.29%
	ABBV	F	0.79%	0.71%	0.71%
	ABNB	C	0.13%	0.13%	0.13%
	ABT	C	0.45%	0.4%	0.4%
	ACGL	C	0.09%	0.07%	0.07%
	ACN	B	0.47%	0.45%	0.45%
	ADBE	C	0.47%	0.45%	0.45%
	ADI	D	0.23%	0.23%	0.23%
	ADP	A	0.26%	0.26%	0.26%
	ADSK	B	0.14%	0.14%	0.14%
	AEE	B	0.06%	0.05%	0.05%
	AES	F	0.02%	0.02%	0.02%
	AFL	C	0.13%	0.11%	0.11%
	AIG	B	0.12%	0.1%	0.1%
	AJG	A	0.14%	0.13%	0.13%
	AKAM	F	0.03%	0.04%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	B	0.12%	0.1%	0.1%
	ALLE	D	0.03%	0.02%	0.02%
	AMAT	F	0.32%	0.33%	0.32%
	AMCR	D	0.04%	0.03%	0.03%
	AMD	F	0.49%	0.49%	0.49%
	AME	A	0.12%	0.09%	0.09%
	AMGN	F	0.38%	0.35%	0.35%
	AMP	A	0.14%	0.1%	0.1%
	AMT	F	0.22%	0.19%	0.19%
	AMZN	A	3.69%	3.97%	3.69%
	ANET	C	0.23%	0.23%	0.23%
	ANSS	B	0.06%	0.06%	0.06%
	AON	B	0.2%	0.17%	0.17%
	AOS	F	0.03%	0.02%	0.02%
	APD	B	0.19%	0.14%	0.14%
	APH	B	0.24%	0.18%	0.18%
	APTV	F	0.03%	0.03%	0.03%
	ARE	F	0.05%	0.04%	0.04%
	AVB	B	0.08%	0.06%	0.06%
	AVGO	C	1.65%	1.73%	1.65%
	AVY	F	0.04%	0.03%	0.03%
	AWK	D	0.06%	0.05%	0.05%
	AXON	B	0.09%	0.06%	0.06%
	AXP	B	0.41%	0.33%	0.33%
	AZO	B	0.11%	0.1%	0.1%
	BAC	A	0.72%	0.61%	0.61%
	BALL	D	0.05%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBY	C	0.04%	0.04%	0.04%
	BDX	F	0.15%	0.14%	0.14%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BIIB	F	0.06%	0.05%	0.05%
	BK	B	0.14%	0.11%	0.11%
	BKNG	A	0.35%	0.33%	0.33%
	BKR	B	0.23%	0.09%	0.09%
	BMY	B	0.25%	0.22%	0.22%
	BR	A	0.05%	0.05%	0.05%
	BRO	B	0.06%	0.05%	0.05%
	BSX	A	0.28%	0.26%	0.26%
	BWA	B	0.02%	0.02%	0.02%
	BX	A	0.31%	0.25%	0.25%
	BXP	D	0.03%	0.03%	0.03%
	C	B	0.32%	0.27%	0.27%
	CAG	F	0.04%	0.03%	0.03%
	CARR	C	0.18%	0.13%	0.13%
	CAT	B	0.53%	0.4%	0.4%
	CBOE	D	0.05%	0.04%	0.04%
	CBRE	B	0.1%	0.08%	0.08%
	CCI	F	0.11%	0.09%	0.09%
	CDNS	B	0.17%	0.17%	0.17%
	CDW	F	0.06%	0.06%	0.06%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.18%	0.15%	0.15%
	CFG	B	0.05%	0.05%	0.05%
	CHD	A	0.05%	0.06%	0.05%
	CHRW	A	0.03%	0.02%	0.02%
	CHTR	B	0.08%	0.07%	0.07%
	CI	D	0.19%	0.18%	0.18%
	CINF	A	0.06%	0.04%	0.04%
	CL	F	0.15%	0.15%	0.15%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	B	0.36%	0.34%	0.34%
	CME	B	0.2%	0.16%	0.16%
	CMG	B	0.22%	0.16%	0.16%
	CMI	A	0.13%	0.1%	0.1%
	CMS	D	0.05%	0.04%	0.04%
	CNC	F	0.07%	0.07%	0.07%
	COF	B	0.18%	0.14%	0.14%
	COST	B	0.79%	0.82%	0.79%
	CPB	F	0.03%	0.02%	0.02%
	CPRT	A	0.11%	0.1%	0.1%
	CPT	C	0.03%	0.03%	0.03%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.6%	0.61%	0.6%
	CRWD	B	0.15%	0.15%	0.15%
	CSCO	A	0.48%	0.47%	0.47%
	CSGP	F	0.07%	0.07%	0.07%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	D	0.02%	0.02%	0.02%
	CTSH	A	0.08%	0.09%	0.08%
	CVS	F	0.17%	0.14%	0.14%
	D	D	0.12%	0.1%	0.1%
	DAL	A	0.09%	0.07%	0.07%
	DAY	B	0.03%	0.03%	0.03%
	DE	D	0.29%	0.22%	0.22%
	DECK	B	0.05%	0.05%	0.05%
	DELL	C	0.08%	0.08%	0.08%
	DFS	B	0.11%	0.08%	0.08%
	DG	F	0.03%	0.04%	0.03%
	DGX	B	0.04%	0.03%	0.03%
	DHI	D	0.12%	0.1%	0.1%
	DHR	F	0.36%	0.31%	0.31%
	DIS	B	0.39%	0.36%	0.36%
	DLR	C	0.14%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	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	D	0.06%	0.05%	0.05%
	DVA	C	0.02%	0.02%	0.02%
	DXCM	C	0.06%	0.06%	0.06%
	EA	A	0.08%	0.07%	0.07%
	EBAY	C	0.06%	0.07%	0.06%
	ECL	C	0.17%	0.12%	0.12%
	ED	D	0.08%	0.07%	0.07%
	EFX	F	0.07%	0.06%	0.06%
	EG	D	0.04%	0.03%	0.03%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.22%	0.21%	0.21%
	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	B	0.02%	0.03%	0.02%
	EQIX	B	0.2%	0.16%	0.16%
	EQR	C	0.06%	0.05%	0.05%
	ES	D	0.05%	0.04%	0.04%
	ESS	C	0.05%	0.04%	0.04%
	ETN	B	0.4%	0.29%	0.29%
	EVRG	A	0.03%	0.03%	0.03%
	EW	F	0.09%	0.08%	0.08%
	EXC	C	0.09%	0.08%	0.08%
	EXPD	C	0.04%	0.04%	0.04%
	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	A	0.04%	0.03%	0.03%
	FDX	B	0.15%	0.13%	0.13%
	FFIV	B	0.03%	0.02%	0.02%
	FI	A	0.25%	0.25%	0.25%
	FICO	B	0.11%	0.1%	0.1%
	FIS	B	0.1%	0.1%	0.1%
	FITB	A	0.08%	0.07%	0.07%
	FMC	F	0.02%	0.02%	0.02%
	FRT	B	0.02%	0.01%	0.01%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	B	0.11%	0.1%	0.1%
	FTV	C	0.07%	0.05%	0.05%
	GE	D	0.5%	0.39%	0.39%
	GEHC	D	0.08%	0.08%	0.08%
	GEN	B	0.03%	0.03%	0.03%
	GEV	B	0.22%	0.19%	0.19%
	GILD	B	0.25%	0.24%	0.24%
	GIS	F	0.1%	0.08%	0.08%
	GL	B	0.02%	0.02%	0.02%
	GLW	B	0.08%	0.07%	0.07%
	GM	B	0.15%	0.12%	0.12%
	GOOGL	C	3.71%	2.14%	2.14%
	GPC	D	0.03%	0.04%	0.03%
	GS	B	0.46%	0.37%	0.37%
	GWW	B	0.1%	0.1%	0.1%
	HAS	D	0.02%	0.02%	0.02%
	HBAN	A	0.06%	0.05%	0.05%
	HD	B	0.76%	0.8%	0.76%
	HIG	C	0.08%	0.06%	0.06%
	HLT	A	0.13%	0.12%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.03%	0.02%	0.02%
	HSIC	F	0.02%	0.02%	0.02%
	HST	D	0.03%	0.03%	0.03%
	HSY	F	0.07%	0.06%	0.06%
	HUBB	C	0.07%	0.05%	0.05%
	HUM	D	0.08%	0.07%	0.07%
	IBM	D	0.41%	0.4%	0.4%
	ICE	C	0.22%	0.18%	0.18%
	IDXX	F	0.08%	0.07%	0.07%
	IEX	B	0.05%	0.03%	0.03%
	IFF	F	0.06%	0.05%	0.05%
	INCY	B	0.03%	0.03%	0.03%
	INTC	C	0.22%	0.22%	0.22%
	INTU	A	0.37%	0.38%	0.37%
	IPG	F	0.03%	0.02%	0.02%
	IQV	F	0.09%	0.08%	0.08%
	IR	A	0.12%	0.09%	0.09%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.4%	0.38%	0.38%
	IT	B	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	C	0.03%	0.03%	0.03%
	JCI	A	0.15%	0.11%	0.11%
	JKHY	C	0.03%	0.02%	0.02%
	JNPR	D	0.03%	0.03%	0.03%
	JPM	A	1.43%	1.36%	1.36%
	K	A	0.06%	0.04%	0.04%
	KDP	C	0.1%	0.07%	0.07%
	KEY	B	0.05%	0.04%	0.04%
	KEYS	C	0.08%	0.06%	0.06%
	KHC	F	0.08%	0.05%	0.05%
	KIM	A	0.04%	0.03%	0.03%
	KKR	B	0.25%	0.2%	0.2%
	KLAC	F	0.19%	0.19%	0.19%
	KMB	D	0.09%	0.09%	0.09%
	KMX	B	0.02%	0.03%	0.02%
	KO	F	0.57%	0.5%	0.5%
	KR	A	0.12%	0.08%	0.08%
	KVUE	A	0.09%	0.09%	0.09%
	LEN	D	0.1%	0.09%	0.09%
	LH	B	0.04%	0.04%	0.04%
	LIN	D	0.53%	0.45%	0.45%
	LKQ	C	0.02%	0.02%	0.02%
	LLY	F	1.32%	1.27%	1.27%
	LNT	C	0.04%	0.03%	0.03%
	LOW	B	0.29%	0.3%	0.29%
	LRCX	F	0.21%	0.21%	0.21%
	LULU	B	0.07%	0.07%	0.07%
	LW	B	0.03%	0.03%	0.03%
	LYV	A	0.04%	0.04%	0.04%
	MA	B	0.9%	0.86%	0.86%
	MAA	C	0.04%	0.03%	0.03%
	MAR	A	0.14%	0.13%	0.13%
	MAS	D	0.03%	0.04%	0.03%
	MCHP	F	0.08%	0.08%	0.08%
	MCO	C	0.16%	0.16%	0.16%
	MDLZ	F	0.25%	0.17%	0.17%
	MDT	D	0.26%	0.23%	0.23%
	MET	C	0.12%	0.1%	0.1%
	MHK	D	0.02%	0.01%	0.01%
	MKC	D	0.06%	0.04%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MMC	D	0.27%	0.23%	0.23%
	MNST	B	0.11%	0.08%	0.08%
	MOH	F	0.04%	0.04%	0.04%
	MOS	D	0.02%	0.02%	0.02%
	MPWR	F	0.08%	0.07%	0.07%
	MRK	F	0.57%	0.52%	0.52%
	MRNA	F	0.04%	0.04%	0.04%
	MSCI	B	0.1%	0.09%	0.09%
	MSFT	C	5.74%	6.41%	5.74%
	MSI	B	0.16%	0.17%	0.16%
	MTB	A	0.09%	0.08%	0.08%
	MTD	F	0.06%	0.06%	0.06%
	MU	D	0.26%	0.26%	0.26%
	NDAQ	B	0.08%	0.07%	0.07%
	NDSN	B	0.04%	0.03%	0.03%
	NEE	D	0.37%	0.31%	0.31%
	NFLX	A	0.7%	0.69%	0.69%
	NI	A	0.04%	0.03%	0.03%
	NKE	F	0.18%	0.19%	0.18%
	NOW	A	0.43%	0.42%	0.42%
	NRG	C	0.05%	0.04%	0.04%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	A	0.05%	0.05%	0.05%
	NUE	D	0.22%	0.08%	0.08%
	NVDA	A	6.41%	7.42%	6.41%
	NVR	D	0.06%	0.07%	0.06%
	O	D	0.12%	0.1%	0.1%
	ODFL	B	0.1%	0.09%	0.09%
	OMC	A	0.04%	0.05%	0.04%
	ON	F	0.06%	0.07%	0.06%
	ORCL	A	0.61%	0.6%	0.6%
	ORLY	A	0.14%	0.14%	0.14%
	OTIS	D	0.11%	0.09%	0.09%
	OXY	F	0.19%	0.07%	0.07%
	PANW	B	0.26%	0.25%	0.25%
	PARA	B	0.02%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.1%	0.09%	0.09%
	PCAR	B	0.17%	0.12%	0.12%
	PEG	C	0.1%	0.08%	0.08%
	PEP	D	0.55%	0.45%	0.45%
	PFE	F	0.34%	0.31%	0.31%
	PFG	C	0.05%	0.04%	0.04%
	PG	C	0.75%	0.78%	0.75%
	PGR	A	0.37%	0.31%	0.31%
	PH	A	0.25%	0.18%	0.18%
	PHM	D	0.06%	0.05%	0.05%
	PKG	B	0.06%	0.04%	0.04%
	PLD	D	0.25%	0.22%	0.22%
	PNC	B	0.2%	0.17%	0.17%
	PNR	A	0.05%	0.04%	0.04%
	PODD	B	0.04%	0.03%	0.03%
	POOL	D	0.03%	0.02%	0.02%
	PPG	F	0.08%	0.06%	0.06%
	PRU	B	0.11%	0.09%	0.09%
	PSA	D	0.12%	0.11%	0.11%
	PTC	B	0.05%	0.05%	0.05%
	PWR	B	0.11%	0.1%	0.1%
	PYPL	A	0.17%	0.17%	0.17%
	QCOM	F	0.4%	0.39%	0.39%
	QRVO	F	0.01%	0.01%	0.01%
	REG	A	0.03%	0.03%	0.03%
	REGN	F	0.19%	0.18%	0.18%
	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%	0.08%	0.08%
	ROK	B	0.09%	0.06%	0.06%
	ROL	C	0.03%	0.03%	0.03%
	ROP	A	0.13%	0.12%	0.12%
	ROST	D	0.09%	0.09%	0.09%
	RSG	B	0.1%	0.08%	0.08%
	RVTY	C	0.03%	0.03%	0.03%
	SBAC	D	0.06%	0.05%	0.05%
	SBUX	B	0.3%	0.22%	0.22%
	SCHW	B	0.28%	0.22%	0.22%
	SHW	A	0.24%	0.18%	0.18%
	SJM	F	0.03%	0.02%	0.02%
	SMCI	F	0.02%	0.03%	0.02%
	SNA	A	0.05%	0.03%	0.03%
	SNPS	C	0.18%	0.19%	0.18%
	SPG	A	0.14%	0.11%	0.11%
	SPGI	C	0.34%	0.32%	0.32%
	SRE	B	0.13%	0.11%	0.11%
	STE	D	0.05%	0.04%	0.04%
	STLD	C	0.12%	0.04%	0.04%
	STT	B	0.07%	0.06%	0.06%
	STX	D	0.05%	0.04%	0.04%
	SW	B	0.08%	0.06%	0.06%
	SWK	F	0.04%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.07%	0.05%	0.05%
	SYK	A	0.29%	0.26%	0.26%
	SYY	D	0.11%	0.08%	0.08%
	T	A	0.33%	0.32%	0.32%
	TDY	B	0.06%	0.04%	0.04%
	TECH	D	0.03%	0.03%	0.03%
	TER	F	0.04%	0.04%	0.04%
	TFC	B	0.15%	0.13%	0.13%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.14%	0.13%
	TJX	A	0.26%	0.26%	0.26%
	TMO	F	0.47%	0.42%	0.42%
	TMUS	A	0.24%	0.23%	0.23%
	TPR	A	0.02%	0.02%	0.02%
	TRMB	B	0.05%	0.04%	0.04%
	TROW	A	0.06%	0.06%	0.06%
	TRV	B	0.14%	0.12%	0.12%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	B	1.65%	1.67%	1.65%
	TT	B	0.24%	0.18%	0.18%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	B	0.41%	0.4%	0.4%
	TYL	B	0.05%	0.05%	0.05%
	UBER	F	0.31%	0.31%	0.31%
	UDR	C	0.03%	0.03%	0.03%
	ULTA	C	0.04%	0.03%	0.03%
	UNH	B	1.14%	1.14%	1.14%
	UNP	D	0.35%	0.3%	0.3%
	UPS	C	0.23%	0.2%	0.2%
	URI	B	0.16%	0.11%	0.11%
	USB	B	0.2%	0.15%	0.15%
	V	A	1.07%	1.03%	1.03%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.21%	0.08%	0.08%
	VRSK	A	0.09%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRTX	B	0.28%	0.27%	0.27%
	VTR	C	0.06%	0.06%	0.06%
	VZ	D	0.36%	0.34%	0.34%
	WAB	B	0.1%	0.07%	0.07%
	WAT	B	0.05%	0.04%	0.04%
	WBD	B	0.04%	0.04%	0.04%
	WDC	D	0.05%	0.05%	0.05%
	WEC	B	0.07%	0.06%	0.06%
	WELL	B	0.2%	0.16%	0.16%
	WFC	A	0.61%	0.48%	0.48%
	WM	A	0.21%	0.16%	0.16%
	WMT	A	0.71%	0.73%	0.71%
	WRB	B	0.04%	0.04%	0.04%
	WST	B	0.05%	0.04%	0.04%
	WTW	A	0.08%	0.06%	0.06%
	WY	F	0.04%	0.05%	0.04%
	XEL	A	0.09%	0.08%	0.08%
	XYL	F	0.08%	0.07%	0.07%
	YUM	B	0.11%	0.07%	0.07%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.17%	0.16%	0.16%

CVLC Overweight 376 Positions Relative to XRMI

	Symbol	Grade	Weight
	MRVL	B	0.16%
	APO	B	0.16%
	TTD	B	0.12%
	COIN	B	0.12%
	VRT	B	0.12%
	WDAY	B	0.11%
	CSL	B	0.11%
	RS	C	0.1%
	OC	A	0.09%
	SQ	B	0.09%
	ALNY	D	0.08%
	ARES	B	0.08%
	SNOW	C	0.08%
	DDOG	B	0.08%
	APP	B	0.07%
	FCNCA	B	0.07%
	VEEV	B	0.07%
	HEI	A	0.07%
	TEAM	B	0.07%
	EME	B	0.06%
	RBLX	B	0.06%
	LPLA	A	0.06%
	NET	B	0.06%
	HUBS	B	0.06%
	WSO	B	0.05%
	BAH	C	0.05%
	CVNA	B	0.05%
	LII	B	0.05%
	ILMN	C	0.05%
	SAIA	B	0.04%
	NVT	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%
	PFGC	B	0.04%
	ZS	B	0.04%
	UTHR	B	0.04%
	ATI	F	0.04%
	CMC	B	0.04%
	SUI	F	0.04%
	SFM	B	0.04%
	EQH	B	0.04%
	CW	C	0.04%
	XPO	B	0.04%
	GGG	B	0.04%
	MDB	C	0.04%
	PINS	F	0.04%
	CASY	B	0.04%
	ZM	B	0.04%
	IBKR	A	0.04%
	TRU	D	0.04%
	USFD	B	0.04%
	WBS	A	0.03%
	DUOL	A	0.03%
	CUBE	D	0.03%
	SRPT	F	0.03%
	ALLY	C	0.03%
	WAL	B	0.03%
	OKTA	C	0.03%
	DCI	A	0.03%
	SNAP	C	0.03%
	WING	D	0.03%
	FHN	A	0.03%
	CNH	D	0.03%
	AFRM	B	0.03%
	TOST	A	0.03%
	WTRG	C	0.03%
	BLD	F	0.03%
	WWD	B	0.03%
	SCI	B	0.03%
	AYI	A	0.03%
	INGR	B	0.03%
	NBIX	C	0.03%
	EVR	B	0.03%
	LBRDK	C	0.03%
	CG	B	0.03%
	BMRN	F	0.03%
	LAMR	D	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%
	ELS	B	0.03%
	JLL	C	0.03%
	TTEK	F	0.03%
	DT	C	0.03%
	SOFI	B	0.03%
	WSM	F	0.03%
	CCK	D	0.03%
	WMS	F	0.03%
	BURL	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%
	TWLO	B	0.03%
	LECO	C	0.03%
	ENTG	F	0.03%
	SSNC	C	0.03%
	SUM	B	0.03%
	RRX	B	0.03%
	AVTR	F	0.03%
	RNR	D	0.03%
	ITT	A	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%
	HLNE	B	0.02%
	ALK	A	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%
	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%
	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%
	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%
	GTLS	B	0.02%
	NYT	C	0.02%
	VOYA	B	0.02%
	MEDP	D	0.02%
	CGNX	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	C	0.02%
	OSK	B	0.02%
	SEIC	A	0.02%
	ESAB	B	0.02%
	MTZ	B	0.02%
	CFR	B	0.02%
	FND	F	0.02%
	WTFC	B	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%
	DOX	C	0.02%
	FLS	B	0.02%
	CNM	D	0.02%
	APG	C	0.02%
	EXEL	B	0.02%
	EXAS	F	0.02%
	EHC	B	0.02%
	REXR	F	0.02%
	RPRX	F	0.02%
	CMA	A	0.02%
	PNFP	B	0.02%
	BJ	B	0.02%
	GPK	D	0.02%
	AFG	A	0.02%
	AXTA	A	0.02%
	PRI	B	0.02%
	TTC	F	0.02%
	KNSL	C	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%
	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	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%
	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%
	GATX	B	0.01%
	LEVI	F	0.0%

CVLC Underweight 107 Positions Relative to XRMI

	Symbol	Grade	Weight
	META	B	-2.61%
	GOOG	C	-1.77%
	BRK.A	B	-1.7%
	XOM	B	-1.09%
	JNJ	D	-0.76%
	CVX	A	-0.54%
	MCD	C	-0.43%
	PM	B	-0.39%
	RTX	D	-0.32%
	MS	A	-0.32%
	HON	B	-0.29%
	COP	C	-0.27%
	LMT	D	-0.24%
	PLTR	B	-0.23%
	BA	F	-0.22%
	CB	C	-0.21%
	SO	D	-0.19%
	MO	A	-0.18%
	DUK	D	-0.17%
	MCK	B	-0.17%
	NOC	D	-0.16%
	GD	C	-0.16%
	TDG	D	-0.15%
	CSX	B	-0.14%
	FCX	F	-0.14%
	HCA	D	-0.14%
	EOG	A	-0.14%
	MMM	C	-0.14%
	OKE	A	-0.13%
	NSC	B	-0.13%
	WMB	B	-0.13%
	NXPI	F	-0.12%
	SLB	C	-0.12%
	PSX	C	-0.11%
	AEP	D	-0.11%
	KMI	B	-0.11%
	LHX	B	-0.1%
	HWM	B	-0.1%
	NEM	F	-0.1%
	RCL	A	-0.1%
	MPC	D	-0.1%
	CTVA	C	-0.09%
	VST	B	-0.09%
	VLO	C	-0.09%
	PCG	A	-0.09%
	COR	B	-0.09%
	HES	B	-0.08%
	DD	D	-0.08%
	STZ	D	-0.08%
	TRGP	B	-0.08%
	DOW	F	-0.07%
	FANG	C	-0.07%
	VICI	D	-0.07%
	ETR	B	-0.07%
	MLM	B	-0.07%
	HAL	C	-0.06%
	LDOS	C	-0.06%
	UAL	A	-0.06%
	EIX	C	-0.06%
	GRMN	A	-0.06%
	CAH	B	-0.06%
	EQT	B	-0.05%
	CCL	B	-0.05%
	LYB	F	-0.05%
	ATO	B	-0.05%
	DVN	F	-0.05%
	PPL	A	-0.05%
	ADM	F	-0.05%
	GPN	B	-0.05%
	GDDY	B	-0.05%
	LVS	C	-0.04%
	CTRA	B	-0.04%
	J	D	-0.04%
	LUV	B	-0.04%
	CNP	B	-0.04%
	IP	B	-0.04%
	EXPE	B	-0.04%
	INVH	D	-0.04%
	BLDR	C	-0.04%
	CPAY	A	-0.04%
	FE	D	-0.04%
	SOLV	C	-0.03%
	L	A	-0.03%
	MRO	B	-0.03%
	CF	B	-0.03%
	VTRS	B	-0.03%
	TXT	D	-0.03%
	TSN	B	-0.03%
	APA	F	-0.02%
	WYNN	C	-0.02%
	MTCH	F	-0.02%
	AIZ	A	-0.02%
	CZR	F	-0.02%
	PNW	A	-0.02%
	ERIE	F	-0.02%
	MGM	D	-0.02%
	GNRC	B	-0.02%
	FOXA	A	-0.02%
	ALB	C	-0.02%
	TAP	B	-0.02%
	NWSA	B	-0.02%
	UHS	D	-0.02%
	NCLH	B	-0.02%
	NWS	B	-0.01%
	FOX	A	-0.01%
	HII	F	-0.01%
	WBA	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 Insurance Products Beverage

XRMI: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management 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

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