CVMC vs. QUS ETF Comparison

Comparison of Calvert US Mid-Cap Core Responsible Index ETF (CVMC) to SPDR MSCI USA Quality Mix ETF (QUS)

CVMC

Calvert US Mid-Cap Core Responsible Index ETF

CVMC 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 mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$63.41

Average Daily Volume

2,251

Number of Holdings ^*

606

* may have additional holdings in another (foreign) market

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.92

Average Daily Volume

15,365

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

Performance

Period	CVMC	QUS
30 Days	5.83%	2.25%
60 Days	6.29%	3.15%
90 Days	8.25%	4.45%
12 Months	30.95%	29.35%

299 Overlapping Holdings

Symbol	Grade	Weight in CVMC	Weight in QUS	Overlap
A	D	0.38%	0.11%	0.11%
ACGL	D	0.35%	0.38%	0.35%
ACI	C	0.08%	0.03%	0.03%
ACM	A	0.16%	0.01%	0.01%
ADSK	A	0.64%	0.16%	0.16%
AEE	A	0.27%	0.11%	0.11%
AES	F	0.11%	0.01%	0.01%
AFG	A	0.1%	0.15%	0.1%
AKAM	D	0.14%	0.14%	0.14%
ALGN	D	0.17%	0.01%	0.01%
ALL	A	0.5%	0.06%	0.06%
ALLE	D	0.14%	0.04%	0.04%
ALLY	C	0.1%	0.03%	0.03%
ALNY	D	0.35%	0.07%	0.07%
AMCR	D	0.17%	0.02%	0.02%
AME	A	0.46%	0.02%	0.02%
AMP	A	0.54%	0.04%	0.04%
ANSS	B	0.3%	0.01%	0.01%
AOS	F	0.1%	0.03%	0.03%
APP	B	0.55%	0.02%	0.02%
APTV	D	0.17%	0.02%	0.02%
ARE	D	0.21%	0.02%	0.02%
ARES	A	0.3%	0.01%	0.01%
AVB	B	0.34%	0.02%	0.02%
AVTR	F	0.15%	0.01%	0.01%
AVY	D	0.18%	0.01%	0.01%
AWK	D	0.28%	0.02%	0.02%
AXON	A	0.48%	0.0%	0.0%
BAH	F	0.22%	0.2%	0.2%
BALL	D	0.21%	0.02%	0.02%
BAX	D	0.18%	0.02%	0.02%
BBWI	D	0.06%	0.01%	0.01%
BBY	D	0.17%	0.09%	0.09%
BEN	C	0.06%	0.01%	0.01%
BG	F	0.13%	0.05%	0.05%
BIIB	F	0.26%	0.02%	0.02%
BIO	D	0.07%	0.01%	0.01%
BK	A	0.55%	0.09%	0.09%
BKR	B	0.45%	0.04%	0.04%
BMRN	D	0.13%	0.08%	0.08%
BR	A	0.27%	0.03%	0.03%
BRO	B	0.29%	0.01%	0.01%
BURL	A	0.16%	0.01%	0.01%
BXP	D	0.14%	0.01%	0.01%
CAG	D	0.14%	0.02%	0.02%
CBOE	B	0.2%	0.29%	0.2%
CBRE	B	0.42%	0.05%	0.05%
CCI	D	0.44%	0.03%	0.03%
CCK	C	0.12%	0.02%	0.02%
CDW	F	0.25%	0.19%	0.19%
CE	F	0.09%	0.01%	0.01%
CELH	F	0.05%	0.0%	0.0%
CFG	B	0.2%	0.07%	0.07%
CG	A	0.1%	0.01%	0.01%
CHD	B	0.25%	0.14%	0.14%
CHRW	C	0.18%	0.02%	0.02%
CHTR	C	0.39%	0.09%	0.09%
CINF	A	0.22%	0.03%	0.03%
CLX	B	0.2%	0.01%	0.01%
CMI	A	0.5%	0.17%	0.17%
CMS	C	0.23%	0.09%	0.09%
CNC	D	0.31%	0.08%	0.08%
CNH	C	0.1%	0.03%	0.03%
CPB	D	0.1%	0.12%	0.1%
CPT	B	0.14%	0.01%	0.01%
CRL	C	0.11%	0.01%	0.01%
CSGP	D	0.33%	0.01%	0.01%
CSL	C	0.25%	0.01%	0.01%
CTLT	B	0.11%	0.01%	0.01%
CTSH	B	0.41%	0.39%	0.39%
D	C	0.47%	0.14%	0.14%
DAL	C	0.46%	0.01%	0.01%
DAY	B	0.12%	0.0%	0.0%
DDOG	A	0.4%	0.0%	0.0%
DECK	A	0.26%	0.09%	0.09%
DFS	B	0.42%	0.07%	0.07%
DG	F	0.16%	0.02%	0.02%
DGX	A	0.19%	0.06%	0.06%
DKS	C	0.11%	0.01%	0.01%
DLTR	F	0.13%	0.02%	0.02%
DOC	D	0.17%	0.01%	0.01%
DOCU	A	0.17%	0.0%	0.0%
DOV	A	0.31%	0.02%	0.02%
DPZ	C	0.17%	0.07%	0.07%
DRI	B	0.22%	0.02%	0.02%
DT	C	0.14%	0.0%	0.0%
DTE	C	0.28%	0.1%	0.1%
DVA	B	0.08%	0.01%	0.01%
EA	A	0.4%	0.31%	0.31%
EBAY	D	0.29%	0.02%	0.02%
ED	D	0.34%	0.42%	0.34%
EFX	F	0.33%	0.01%	0.01%
EG	C	0.15%	0.18%	0.15%
EL	F	0.14%	0.01%	0.01%
ELS	C	0.14%	0.0%	0.0%
EME	C	0.26%	0.08%	0.08%
EMN	D	0.13%	0.02%	0.02%
ENPH	F	0.07%	0.02%	0.02%
ENTG	D	0.16%	0.01%	0.01%
EPAM	C	0.14%	0.04%	0.04%
EQH	B	0.15%	0.02%	0.02%
EQR	B	0.3%	0.02%	0.02%
ES	D	0.25%	0.03%	0.03%
ESS	B	0.22%	0.01%	0.01%
EVRG	A	0.16%	0.02%	0.02%
EXAS	D	0.1%	0.0%	0.0%
EXC	C	0.39%	0.06%	0.06%
EXPD	D	0.21%	0.06%	0.06%
EXR	D	0.35%	0.02%	0.02%
FAST	B	0.45%	0.15%	0.15%
FBIN	D	0.09%	0.01%	0.01%
FCNCA	A	0.25%	0.34%	0.25%
FDS	B	0.21%	0.05%	0.05%
FFIV	B	0.14%	0.23%	0.14%
FICO	B	0.57%	0.2%	0.2%
FIS	C	0.48%	0.03%	0.03%
FITB	A	0.31%	0.06%	0.06%
FSLR	F	0.18%	0.03%	0.03%
FTNT	C	0.59%	0.01%	0.01%
FTV	C	0.29%	0.02%	0.02%
GEHC	F	0.37%	0.03%	0.03%
GEN	B	0.17%	0.13%	0.13%
GGG	B	0.17%	0.05%	0.05%
GIS	D	0.37%	0.25%	0.25%
GLW	B	0.38%	0.14%	0.14%
GPC	D	0.16%	0.02%	0.02%
GWW	B	0.5%	0.2%	0.2%
H	B	0.08%	0.0%	0.0%
HBAN	A	0.24%	0.06%	0.06%
HEI	B	0.31%	0.0%	0.0%
HEI	B	0.31%	0.0%	0.0%
HIG	B	0.33%	0.09%	0.09%
HOLX	D	0.19%	0.07%	0.07%
HPE	B	0.28%	0.06%	0.06%
HPQ	B	0.36%	0.07%	0.07%
HRL	D	0.1%	0.08%	0.08%
HSIC	B	0.09%	0.01%	0.01%
HST	C	0.14%	0.01%	0.01%
HSY	F	0.29%	0.18%	0.18%
HUBB	B	0.27%	0.07%	0.07%
HUBS	A	0.35%	0.08%	0.08%
HUM	C	0.34%	0.2%	0.2%
IDXX	F	0.35%	0.12%	0.12%
IEX	B	0.2%	0.05%	0.05%
IFF	D	0.23%	0.02%	0.02%
ILMN	D	0.25%	0.01%	0.01%
INCY	C	0.16%	0.2%	0.16%
IPG	D	0.12%	0.01%	0.01%
IQV	D	0.37%	0.02%	0.02%
IR	B	0.43%	0.02%	0.02%
IRM	D	0.34%	0.01%	0.01%
IT	C	0.42%	0.13%	0.13%
JBHT	C	0.2%	0.05%	0.05%
JBL	B	0.14%	0.03%	0.03%
JKHY	D	0.13%	0.04%	0.04%
JNPR	F	0.13%	0.17%	0.13%
K	A	0.23%	0.29%	0.23%
KEY	B	0.17%	0.04%	0.04%
KEYS	A	0.29%	0.26%	0.26%
KHC	F	0.3%	0.18%	0.18%
KIM	A	0.18%	0.02%	0.02%
KMB	D	0.42%	0.1%	0.1%
KMX	B	0.12%	0.03%	0.03%
KNX	B	0.12%	0.04%	0.04%
KR	B	0.44%	0.31%	0.31%
KVUE	A	0.43%	0.04%	0.04%
LEN	D	0.42%	0.06%	0.06%
LH	C	0.22%	0.03%	0.03%
LII	A	0.23%	0.01%	0.01%
LKQ	D	0.1%	0.02%	0.02%
LNT	A	0.17%	0.05%	0.05%
LPLA	A	0.23%	0.07%	0.07%
LULU	C	0.34%	0.12%	0.12%
LW	C	0.12%	0.03%	0.03%
LYV	A	0.23%	0.01%	0.01%
MAA	B	0.21%	0.01%	0.01%
MANH	D	0.17%	0.07%	0.07%
MAS	D	0.16%	0.01%	0.01%
MDB	C	0.21%	0.0%	0.0%
MKC	D	0.22%	0.01%	0.01%
MKTX	D	0.11%	0.03%	0.03%
MOH	F	0.19%	0.13%	0.13%
MOS	F	0.1%	0.03%	0.03%
MPWR	F	0.27%	0.07%	0.07%
MSCI	C	0.46%	0.01%	0.01%
MTB	A	0.34%	0.08%	0.08%
MTD	D	0.28%	0.01%	0.01%
NBIX	C	0.13%	0.11%	0.11%
NDAQ	A	0.31%	0.02%	0.02%
NDSN	B	0.16%	0.01%	0.01%
NET	B	0.28%	0.0%	0.0%
NI	A	0.18%	0.02%	0.02%
NRG	B	0.21%	0.03%	0.03%
NTAP	C	0.25%	0.16%	0.16%
NTRS	A	0.2%	0.03%	0.03%
NUE	C	0.36%	0.07%	0.07%
NVR	D	0.31%	0.11%	0.11%
OC	A	0.22%	0.02%	0.02%
ODFL	B	0.43%	0.13%	0.13%
OKTA	C	0.13%	0.0%	0.0%
OMC	C	0.23%	0.07%	0.07%
ON	D	0.29%	0.02%	0.02%
OTIS	C	0.41%	0.04%	0.04%
PARA	C	0.08%	0.03%	0.03%
PAYC	B	0.12%	0.03%	0.03%
PAYX	C	0.47%	0.16%	0.16%
PEG	A	0.44%	0.04%	0.04%
PFG	D	0.19%	0.03%	0.03%
PHM	D	0.29%	0.11%	0.11%
PINS	D	0.18%	0.0%	0.0%
PKG	A	0.24%	0.09%	0.09%
PNR	A	0.2%	0.01%	0.01%
PODD	C	0.2%	0.0%	0.0%
POOL	C	0.13%	0.04%	0.04%
PPG	F	0.31%	0.02%	0.02%
PRU	A	0.44%	0.08%	0.08%
PSTG	D	0.16%	0.0%	0.0%
PTC	A	0.23%	0.18%	0.18%
PWR	A	0.48%	0.02%	0.02%
QRVO	F	0.06%	0.01%	0.01%
RBLX	C	0.27%	0.0%	0.0%
REG	B	0.15%	0.01%	0.01%
RF	A	0.23%	0.06%	0.06%
RIVN	F	0.1%	0.01%	0.01%
RJF	A	0.29%	0.03%	0.03%
RMD	C	0.35%	0.09%	0.09%
ROK	B	0.35%	0.1%	0.1%
ROKU	D	0.1%	0.0%	0.0%
ROL	B	0.16%	0.17%	0.16%
RPRX	D	0.11%	0.01%	0.01%
RS	B	0.22%	0.03%	0.03%
RVTY	F	0.16%	0.01%	0.01%
SBAC	D	0.26%	0.01%	0.01%
SEIC	B	0.08%	0.03%	0.03%
SJM	D	0.13%	0.02%	0.02%
SMCI	F	0.09%	0.03%	0.03%
SNA	A	0.21%	0.06%	0.06%
SNAP	C	0.11%	0.0%	0.0%
SNOW	C	0.41%	0.0%	0.0%
SQ	B	0.47%	0.03%	0.03%
SSNC	B	0.16%	0.02%	0.02%
STE	F	0.24%	0.01%	0.01%
STLD	B	0.25%	0.04%	0.04%
STT	A	0.27%	0.06%	0.06%
STX	D	0.21%	0.07%	0.07%
SUI	D	0.17%	0.01%	0.01%
SW	A	0.29%	0.03%	0.03%
SWK	D	0.15%	0.02%	0.02%
SWKS	F	0.14%	0.05%	0.05%
SYF	B	0.25%	0.06%	0.06%
SYY	B	0.38%	0.05%	0.05%
TDY	B	0.25%	0.21%	0.21%
TEAM	A	0.4%	0.0%	0.0%
TECH	D	0.12%	0.0%	0.0%
TER	D	0.18%	0.04%	0.04%
TFX	F	0.1%	0.01%	0.01%
TOST	B	0.16%	0.0%	0.0%
TRMB	B	0.2%	0.01%	0.01%
TROW	B	0.25%	0.09%	0.09%
TRU	D	0.22%	0.01%	0.01%
TSCO	D	0.28%	0.09%	0.09%
TTC	D	0.1%	0.03%	0.03%
TTD	B	0.55%	0.01%	0.01%
TTWO	A	0.3%	0.01%	0.01%
TW	A	0.14%	0.07%	0.07%
TWLO	A	0.17%	0.01%	0.01%
TYL	B	0.27%	0.01%	0.01%
UDR	B	0.16%	0.01%	0.01%
ULTA	F	0.17%	0.08%	0.08%
URI	B	0.55%	0.04%	0.04%
UTHR	C	0.18%	0.1%	0.1%
VEEV	C	0.35%	0.08%	0.08%
VLTO	D	0.25%	0.08%	0.08%
VMC	B	0.4%	0.02%	0.02%
VRSK	A	0.42%	0.15%	0.15%
VRSN	F	0.16%	0.22%	0.16%
VRT	B	0.48%	0.01%	0.01%
VTR	C	0.29%	0.02%	0.02%
WAB	B	0.37%	0.02%	0.02%
WAT	B	0.24%	0.07%	0.07%
WBD	C	0.26%	0.11%	0.11%
WDC	D	0.22%	0.02%	0.02%
WEC	A	0.33%	0.29%	0.29%
WPC	D	0.13%	0.01%	0.01%
WRB	A	0.17%	0.12%	0.12%
WSM	B	0.15%	0.06%	0.06%
WSO	A	0.21%	0.06%	0.06%
WST	C	0.27%	0.06%	0.06%
WTRG	B	0.12%	0.01%	0.01%
WTW	B	0.31%	0.16%	0.16%
WY	D	0.2%	0.03%	0.03%
XEL	A	0.4%	0.2%	0.2%
XYL	D	0.31%	0.01%	0.01%
YUM	B	0.4%	0.19%	0.19%
Z	A	0.15%	0.01%	0.01%
ZBH	C	0.24%	0.02%	0.02%
ZBRA	B	0.21%	0.01%	0.01%
ZM	B	0.22%	0.01%	0.01%
ZS	C	0.2%	0.0%	0.0%

CVMC Overweight 308 Positions Relative to QUS

Symbol	Grade	Weight
CVNA	B	0.25%
XPO	B	0.24%
SAIA	B	0.2%
NTNX	A	0.17%
FIX	A	0.17%
TOL	B	0.17%
USFD	A	0.17%
CW	B	0.16%
CASY	A	0.16%
GWRE	A	0.16%
RGA	A	0.15%
COHR	B	0.15%
SFM	A	0.15%
CMC	B	0.14%
AFRM	B	0.14%
EWBC	A	0.14%
SOFI	A	0.14%
JLL	D	0.14%
NVT	B	0.14%
ITT	A	0.14%
PFGC	B	0.14%
CLH	B	0.14%
TXRH	C	0.14%
AAL	B	0.13%
TPR	B	0.13%
LECO	B	0.13%
UNM	A	0.13%
DUOL	A	0.13%
RRX	B	0.13%
ATR	B	0.13%
SCI	B	0.13%
SUM	B	0.13%
OHI	C	0.12%
JEF	A	0.12%
AYI	B	0.12%
ALSN	B	0.12%
AIT	A	0.12%
LBRDK	C	0.12%
CUBE	D	0.12%
OWL	A	0.12%
ATI	D	0.12%
BLD	D	0.12%
TTEK	F	0.12%
RNR	C	0.12%
LAMR	D	0.12%
WING	D	0.11%
DCI	B	0.11%
MORN	B	0.11%
FRT	B	0.11%
EXEL	B	0.11%
SRPT	D	0.11%
BWA	D	0.11%
BJ	A	0.11%
ALV	C	0.11%
EHC	B	0.11%
ARMK	B	0.11%
WWD	B	0.11%
SF	B	0.11%
MLI	C	0.11%
PEN	B	0.1%
BRX	A	0.1%
GPK	C	0.1%
WAL	B	0.1%
PRI	A	0.1%
R	B	0.1%
NYT	C	0.1%
WBS	A	0.1%
GMED	A	0.1%
APG	B	0.1%
DOX	D	0.1%
KNSL	B	0.1%
CIEN	B	0.1%
AXTA	A	0.1%
AAON	B	0.1%
REXR	F	0.1%
FND	C	0.1%
EVR	B	0.1%
FHN	A	0.1%
WMS	D	0.1%
INGR	B	0.1%
NNN	D	0.09%
MOD	A	0.09%
RHI	B	0.09%
MKSI	C	0.09%
ORI	A	0.09%
BERY	B	0.09%
CBSH	A	0.09%
TPX	B	0.09%
ENSG	D	0.09%
SSD	D	0.09%
BRBR	A	0.09%
FLS	B	0.09%
WCC	B	0.09%
CMA	A	0.09%
BILL	A	0.09%
PNFP	B	0.09%
CHE	D	0.09%
PCTY	B	0.09%
LSTR	D	0.09%
PLNT	A	0.09%
HRB	D	0.09%
ALK	C	0.09%
MEDP	D	0.09%
GL	B	0.09%
LAD	A	0.09%
HLI	B	0.09%
MTZ	B	0.09%
LEA	D	0.08%
S	B	0.08%
UFPI	B	0.08%
CVLT	B	0.08%
WEX	D	0.08%
G	B	0.08%
IVZ	B	0.08%
FRPT	B	0.08%
SNV	B	0.08%
VMI	B	0.08%
VOYA	B	0.08%
THO	B	0.08%
SKX	D	0.08%
FR	C	0.08%
RL	B	0.08%
SSB	B	0.08%
FCN	D	0.08%
HLNE	B	0.08%
HAS	D	0.08%
FMC	D	0.08%
ESTC	C	0.08%
VNO	B	0.08%
GXO	B	0.08%
CGNX	C	0.08%
CNM	D	0.08%
TMHC	B	0.08%
GKOS	B	0.08%
CFR	B	0.08%
JAZZ	B	0.08%
RGEN	D	0.08%
ESAB	B	0.08%
MIDD	C	0.08%
GTLS	B	0.08%
OSK	B	0.08%
ONTO	D	0.08%
WTFC	A	0.08%
SNX	C	0.08%
HQY	B	0.08%
ZION	B	0.08%
WH	B	0.08%
BPMC	C	0.07%
SAIC	F	0.07%
BCPC	B	0.07%
AGCO	D	0.07%
WTS	B	0.07%
KRG	B	0.07%
KD	B	0.07%
BPOP	B	0.07%
CADE	B	0.07%
DBX	B	0.07%
ONB	B	0.07%
SPSC	C	0.07%
CBT	C	0.07%
RYAN	B	0.07%
CWST	A	0.07%
CFLT	B	0.07%
ANF	C	0.07%
COLD	D	0.07%
NOVT	D	0.07%
BFAM	D	0.07%
IDA	A	0.07%
MHK	D	0.07%
MOG.A	B	0.07%
GME	C	0.07%
DAR	C	0.07%
LFUS	F	0.07%
LSCC	D	0.07%
VFC	C	0.07%
COKE	C	0.07%
AGNC	D	0.07%
ESI	A	0.07%
FAF	A	0.07%
MTH	D	0.07%
JXN	C	0.07%
WSC	D	0.07%
EXLS	B	0.07%
PB	A	0.07%
MSA	D	0.07%
TREX	C	0.07%
MTN	C	0.07%
RHP	B	0.07%
SMAR	A	0.07%
BMI	B	0.07%
HALO	F	0.07%
STAG	F	0.07%
LPX	B	0.07%
OLED	D	0.07%
ELAN	D	0.07%
HOMB	A	0.06%
IBP	D	0.06%
INSP	D	0.06%
CRUS	D	0.06%
ETSY	D	0.06%
ESNT	D	0.06%
ST	F	0.06%
UGI	A	0.06%
HXL	D	0.06%
EXPO	D	0.06%
QLYS	C	0.06%
THG	A	0.06%
SON	D	0.06%
STWD	C	0.06%
FNB	A	0.06%
NXST	C	0.06%
LNC	B	0.06%
JHG	A	0.06%
ARW	D	0.06%
SIGI	C	0.06%
WHR	B	0.06%
DY	D	0.06%
COOP	B	0.06%
VRNS	D	0.06%
AL	B	0.06%
RMBS	C	0.06%
SEE	C	0.06%
BECN	B	0.06%
HOG	D	0.06%
ITRI	B	0.06%
SITE	D	0.06%
BC	C	0.06%
GATX	A	0.06%
MTG	C	0.06%
MAT	D	0.06%
NFG	A	0.06%
BRKR	D	0.06%
VNT	B	0.06%
ALTR	B	0.06%
FSS	B	0.06%
MMSI	B	0.06%
AWI	A	0.06%
LYFT	C	0.06%
AZEK	A	0.06%
OMF	A	0.06%
ELF	C	0.06%
AXS	A	0.06%
EPRT	B	0.06%
KBH	D	0.06%
DOCS	C	0.06%
FOUR	B	0.06%
TRNO	F	0.06%
BCO	D	0.05%
RH	B	0.05%
FLO	D	0.05%
PSN	D	0.05%
WTM	A	0.05%
GAP	C	0.05%
FELE	B	0.05%
ABG	B	0.05%
OZK	B	0.05%
RDN	C	0.05%
SLM	A	0.05%
TENB	C	0.05%
WMG	C	0.05%
SLGN	A	0.05%
BCC	B	0.05%
SWX	B	0.05%
HCP	B	0.05%
APPF	B	0.05%
AMG	B	0.05%
POR	C	0.05%
TPG	A	0.05%
ZWS	B	0.05%
OLLI	D	0.05%
TKR	D	0.05%
CROX	D	0.05%
IONS	F	0.05%
MMS	F	0.05%
PVH	C	0.05%
TNET	D	0.04%
MSM	C	0.04%
ATKR	C	0.04%
BBIO	F	0.04%
CDP	C	0.04%
LANC	C	0.04%
XRAY	F	0.04%
SIG	B	0.04%
NSIT	F	0.04%
CHWY	B	0.04%
M	D	0.04%
OPCH	D	0.04%
AN	C	0.04%
CHH	A	0.04%
CWAN	B	0.04%
OGN	D	0.04%
ASH	D	0.04%
EEFT	B	0.04%
DLB	B	0.04%
AVT	C	0.04%
FIVE	F	0.04%
PFSI	D	0.03%
COLM	B	0.03%
COTY	F	0.03%
ALGM	D	0.03%
CACC	D	0.03%
CWEN	C	0.03%
AGR	B	0.03%
BOKF	B	0.03%
PAG	B	0.03%
APLS	D	0.03%
ZI	D	0.03%
LEVI	F	0.02%

CVMC Underweight 284 Positions Relative to QUS

Symbol	Grade	Weight
AAPL	C	-3.24%
NVDA	C	-2.76%
MSFT	F	-2.7%
META	D	-2.32%
UNH	C	-2.21%
LLY	F	-1.92%
V	A	-1.91%
MA	C	-1.69%
JNJ	D	-1.64%
CSCO	B	-1.34%
COST	B	-1.31%
GOOGL	C	-1.2%
ACN	C	-1.18%
GOOG	C	-1.12%
BRK.A	B	-1.1%
TXN	C	-1.06%
JPM	A	-1.06%
PEP	F	-1.01%
WMT	A	-0.94%
VZ	C	-0.81%
KO	D	-0.81%
XOM	B	-0.81%
TMUS	B	-0.78%
LMT	D	-0.72%
APH	A	-0.71%
ADBE	C	-0.71%
MMC	B	-0.69%
AMZN	C	-0.69%
T	A	-0.69%
BAC	A	-0.69%
IBM	C	-0.67%
PGR	A	-0.65%
CB	C	-0.65%
CAT	B	-0.63%
MSI	B	-0.63%
MCK	B	-0.61%
DUK	C	-0.6%
PG	A	-0.59%
AVGO	D	-0.58%
VRTX	F	-0.57%
TJX	A	-0.56%
QCOM	F	-0.55%
CVX	A	-0.55%
NOC	D	-0.55%
ADP	B	-0.54%
RSG	A	-0.54%
SO	D	-0.54%
HON	B	-0.53%
WCN	A	-0.53%
ORCL	B	-0.53%
WM	A	-0.52%
WFC	A	-0.5%
MCD	D	-0.5%
ABBV	D	-0.49%
AMAT	F	-0.48%
TRV	B	-0.47%
AJG	B	-0.46%
MRK	F	-0.46%
ROP	B	-0.46%
BLK	C	-0.46%
C	A	-0.45%
GILD	C	-0.43%
CMCSA	B	-0.42%
ANET	C	-0.39%
AZO	C	-0.36%
HD	A	-0.35%
COR	B	-0.35%
GDDY	A	-0.34%
BMY	B	-0.34%
PFE	D	-0.33%
PANW	C	-0.32%
GM	B	-0.32%
MPC	D	-0.32%
FI	A	-0.31%
TSN	B	-0.3%
GS	A	-0.3%
LRCX	F	-0.3%
CDNS	B	-0.29%
ELV	F	-0.29%
CVS	D	-0.29%
KLAC	D	-0.29%
SNPS	B	-0.28%
TSLA	B	-0.28%
MMM	D	-0.28%
NKE	D	-0.28%
NOW	A	-0.27%
AMGN	D	-0.27%
ITW	B	-0.27%
SHW	A	-0.26%
ORLY	B	-0.26%
TT	A	-0.26%
ZTS	D	-0.25%
REGN	F	-0.25%
CI	F	-0.24%
BDX	F	-0.24%
CME	A	-0.23%
KDP	D	-0.23%
CTAS	B	-0.23%
AFL	B	-0.22%
MDLZ	F	-0.22%
CMG	B	-0.22%
FANG	D	-0.22%
MS	A	-0.21%
MCO	B	-0.21%
AON	A	-0.21%
GRMN	B	-0.2%
DHI	D	-0.19%
AEP	D	-0.19%
INTC	D	-0.18%
UBER	D	-0.18%
RTX	C	-0.18%
NEM	D	-0.18%
CL	D	-0.17%
PNC	B	-0.17%
ERIE	D	-0.17%
COF	B	-0.17%
COP	C	-0.17%
DIS	B	-0.17%
ABT	B	-0.16%
TFC	A	-0.16%
USB	A	-0.16%
F	C	-0.16%
CTVA	C	-0.16%
VLO	C	-0.15%
MKL	A	-0.15%
WMB	A	-0.15%
MDT	D	-0.15%
WDAY	B	-0.15%
EOG	A	-0.15%
LIN	D	-0.15%
NFLX	A	-0.14%
ADI	D	-0.14%
CPRT	A	-0.14%
ICE	C	-0.14%
PSA	D	-0.14%
PSX	C	-0.14%
LOW	D	-0.13%
MNST	C	-0.12%
CRM	B	-0.12%
AIG	B	-0.12%
CAH	B	-0.12%
FDX	B	-0.12%
EW	C	-0.12%
L	A	-0.12%
AIZ	A	-0.12%
AXP	A	-0.11%
GE	D	-0.11%
PM	B	-0.11%
UPS	C	-0.11%
NEE	D	-0.1%
MCHP	D	-0.1%
OXY	D	-0.1%
TGT	F	-0.1%
TMO	F	-0.1%
DE	A	-0.1%
DHR	F	-0.09%
TPL	A	-0.09%
MET	A	-0.09%
PYPL	B	-0.08%
PLD	D	-0.08%
BLDR	D	-0.08%
UNP	C	-0.08%
ADM	D	-0.08%
MO	A	-0.07%
SPGI	C	-0.07%
KMI	A	-0.07%
MU	D	-0.07%
GD	F	-0.07%
SCHW	B	-0.07%
MELI	D	-0.07%
PCAR	B	-0.06%
SOLV	C	-0.06%
PCG	A	-0.06%
DOW	F	-0.06%
DELL	C	-0.06%
HCA	F	-0.06%
SBUX	A	-0.06%
AMD	F	-0.06%
WBA	F	-0.06%
SRE	A	-0.06%
CRWD	B	-0.06%
GEV	B	-0.05%
APD	A	-0.05%
APA	D	-0.05%
BX	A	-0.05%
ETR	B	-0.05%
ETN	A	-0.05%
NSC	B	-0.05%
JCI	C	-0.05%
EMR	A	-0.05%
VTRS	A	-0.05%
SLB	C	-0.05%
CSX	B	-0.05%
SYK	C	-0.05%
OKE	A	-0.05%
LNG	B	-0.05%
ISRG	A	-0.04%
WELL	A	-0.04%
CARR	D	-0.04%
MRO	B	-0.04%
VICI	C	-0.04%
AMT	D	-0.04%
DLR	B	-0.04%
INTU	C	-0.04%
BKNG	A	-0.04%
IP	B	-0.04%
PH	A	-0.04%
GPN	B	-0.04%
DD	D	-0.04%
ATO	A	-0.04%
BSX	B	-0.04%
O	D	-0.04%
FCX	D	-0.04%
KKR	A	-0.04%
LHX	C	-0.04%
DVN	F	-0.04%
EIX	B	-0.04%
LYB	F	-0.04%
PPL	B	-0.03%
HAL	C	-0.03%
NXPI	D	-0.03%
EQT	B	-0.03%
TRGP	B	-0.03%
APO	B	-0.03%
ROST	C	-0.03%
CF	B	-0.03%
OVV	B	-0.03%
CEG	D	-0.03%
SPG	B	-0.03%
CTRA	B	-0.03%
CPAY	A	-0.02%
ABNB	C	-0.02%
STZ	D	-0.02%
LDOS	C	-0.02%
EXPE	B	-0.02%
MLM	B	-0.02%
ALB	C	-0.02%
UHS	D	-0.02%
J	F	-0.02%
MAR	B	-0.02%
TXT	D	-0.02%
MRVL	B	-0.02%
FNF	B	-0.02%
CRBG	B	-0.02%
CNP	B	-0.02%
VST	B	-0.02%
HES	B	-0.02%
FOXA	B	-0.02%
BA	F	-0.02%
EQIX	A	-0.02%
DINO	D	-0.02%
TAP	C	-0.02%
FE	C	-0.02%
ECL	D	-0.02%
HOOD	B	-0.01%
MTCH	D	-0.01%
LUV	C	-0.01%
LVS	C	-0.01%
PLTR	B	-0.01%
UHAL	D	-0.01%
AMH	D	-0.01%
WLK	D	-0.01%
MGM	D	-0.01%
TDG	D	-0.01%
DASH	A	-0.01%
GLPI	C	-0.01%
HII	D	-0.01%
FOX	A	-0.01%
RPM	A	-0.01%
NWSA	B	-0.01%
HLT	A	-0.01%
RCL	A	-0.01%
MRNA	F	-0.01%
INVH	D	-0.01%
COIN	C	-0.01%
CCL	B	-0.01%
HWM	A	-0.01%
CHRD	D	-0.01%
IOT	A	-0.0%
DKNG	B	-0.0%
BSY	D	-0.0%
WYNN	D	-0.0%
DXCM	D	-0.0%
MSTR	C	-0.0%