GUSA vs. BND ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to Vanguard Total Bond Market ETF (BND)

GUSA

Goldman Sachs MarketBeta U.S. 1000 Equity ETF

GUSA Description

The fund seeks to invest at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to measure the performance of equity securities of large and mid-capitalization equity issuers covering approximately the largest 1,000 of the free-float market capitalization in the U.S.

Grade (RS Rating)

Last Trade

$49.11

Average Daily Volume

161

Number of Holdings ^*

969

* may have additional holdings in another (foreign) market

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$74.64

Average Daily Volume

5,730,118

Number of Holdings ^*

546

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	BND
30 Days	1.05%	0.69%
60 Days	7.03%	0.91%
90 Days	3.07%	4.03%
12 Months	34.23%	12.08%

448 Overlapping Holdings

Symbol	Grade	Weight in GUSA	Weight in BND	Overlap
A	B	0.08%	0.01%	0.01%
AAL	D	0.01%	0.01%	0.01%
AAPL	C	6.22%	0.01%	0.01%
ABBV	B	0.65%	0.01%	0.01%
ABT	C	0.37%	0.01%	0.01%
ACGL	B	0.08%	0.01%	0.01%
ADBE	F	0.44%	0.01%	0.01%
ADC	B	0.01%	0.01%	0.01%
ADI	C	0.22%	0.01%	0.01%
ADM	F	0.06%	0.01%	0.01%
ADP	A	0.22%	0.01%	0.01%
ADSK	C	0.11%	0.01%	0.01%
AEE	A	0.04%	0.01%	0.01%
AEP	C	0.1%	0.01%	0.01%
AES	C	0.03%	0.01%	0.01%
AFG	B	0.02%	0.01%	0.01%
AFL	A	0.11%	0.01%	0.01%
AGR	B	0.0%	0.01%	0.0%
AIG	F	0.09%	0.01%	0.01%
AIZ	B	0.02%	0.01%	0.01%
AJG	D	0.11%	0.01%	0.01%
AL	D	0.01%	0.01%	0.01%
ALB	D	0.02%	0.01%	0.01%
ALL	C	0.1%	0.01%	0.01%
ALLE	A	0.02%	0.01%	0.01%
ALLY	F	0.02%	0.01%	0.01%
AMAT	B	0.31%	0.01%	0.01%
AMCR	C	0.03%	0.01%	0.01%
AMG	B	0.01%	0.01%	0.01%
AMGN	D	0.33%	0.01%	0.01%
AMH	D	0.03%	0.01%	0.01%
AMP	A	0.09%	0.01%	0.01%
AMT	C	0.21%	0.01%	0.01%
AMZN	C	3.41%	0.01%	0.01%
AN	D	0.01%	0.01%	0.01%
AON	B	0.13%	0.01%	0.01%
APD	C	0.12%	0.01%	0.01%
APH	D	0.15%	0.01%	0.01%
APO	B	0.1%	0.01%	0.01%
APTV	D	0.04%	0.01%	0.01%
ARE	D	0.04%	0.01%	0.01%
ARW	C	0.01%	0.01%	0.01%
ATO	A	0.04%	0.01%	0.01%
AVB	C	0.06%	0.01%	0.01%
AVGO	C	1.51%	0.01%	0.01%
AVY	D	0.03%	0.01%	0.01%
AWK	C	0.05%	0.01%	0.01%
AXP	B	0.29%	0.01%	0.01%
AXS	A	0.01%	0.01%	0.01%
AYI	A	0.02%	0.01%	0.01%
AZO	D	0.1%	0.01%	0.01%
BA	F	0.17%	0.01%	0.01%
BAC	D	0.51%	0.01%	0.01%
BAX	D	0.04%	0.01%	0.01%
BBY	C	0.04%	0.01%	0.01%
BC	D	0.01%	0.01%	0.01%
BDX	C	0.13%	0.01%	0.01%
BEN	F	0.01%	0.01%	0.01%
BERY	C	0.02%	0.01%	0.01%
BG	F	0.03%	0.01%	0.01%
BIIB	F	0.05%	0.01%	0.01%
BK	C	0.1%	0.01%	0.01%
BKNG	C	0.27%	0.01%	0.01%
BLK	A	0.26%	0.01%	0.01%
BMY	B	0.2%	0.01%	0.01%
BR	B	0.05%	0.01%	0.01%
BRO	A	0.05%	0.01%	0.01%
BRX	C	0.02%	0.01%	0.01%
BSX	A	0.23%	0.01%	0.01%
BWA	C	0.02%	0.01%	0.01%
BXP	C	0.02%	0.01%	0.01%
C	C	0.22%	0.01%	0.01%
CACC	F	0.01%	0.01%	0.01%
CAG	D	0.03%	0.01%	0.01%
CAH	B	0.05%	0.01%	0.01%
CARR	B	0.12%	0.01%	0.01%
CAT	A	0.36%	0.01%	0.01%
CB	B	0.22%	0.01%	0.01%
CBOE	B	0.04%	0.01%	0.01%
CCI	C	0.1%	0.01%	0.01%
CDNS	D	0.14%	0.01%	0.01%
CE	C	0.03%	0.01%	0.01%
CF	A	0.03%	0.01%	0.01%
CFG	D	0.04%	0.01%	0.01%
CHD	D	0.05%	0.01%	0.01%
CHH	C	0.01%	0.01%	0.01%
CHRW	C	0.02%	0.01%	0.01%
CHTR	D	0.06%	0.01%	0.01%
CI	D	0.19%	0.01%	0.01%
CINF	B	0.04%	0.01%	0.01%
CL	D	0.16%	0.01%	0.01%
CLX	C	0.04%	0.01%	0.01%
CMA	C	0.02%	0.01%	0.01%
CMCSA	C	0.3%	0.01%	0.01%
CME	A	0.15%	0.01%	0.01%
CMI	A	0.08%	0.01%	0.01%
CMS	A	0.04%	0.01%	0.01%
CNA	D	0.0%	0.01%	0.0%
CNH	D	0.02%	0.01%	0.01%
CNP	B	0.03%	0.01%	0.01%
COF	C	0.11%	0.01%	0.01%
COKE	C	0.01%	0.01%	0.01%
COP	D	0.24%	0.01%	0.01%
COST	C	0.76%	0.01%	0.01%
CPB	D	0.02%	0.01%	0.01%
CPT	C	0.03%	0.01%	0.01%
CRM	B	0.48%	0.01%	0.01%
CSCO	A	0.4%	0.01%	0.01%
CSL	A	0.04%	0.01%	0.01%
CSX	D	0.13%	0.01%	0.01%
CTAS	C	0.13%	0.01%	0.01%
CTVA	A	0.08%	0.01%	0.01%
CUBE	C	0.02%	0.01%	0.01%
CVS	C	0.14%	0.01%	0.01%
CVX	B	0.47%	0.01%	0.01%
D	A	0.09%	0.01%	0.01%
DAL	C	0.06%	0.01%	0.01%
DD	C	0.06%	0.01%	0.01%
DE	B	0.2%	0.01%	0.01%
DELL	C	0.06%	0.01%	0.01%
DFS	C	0.06%	0.01%	0.01%
DG	F	0.04%	0.01%	0.01%
DGX	C	0.03%	0.01%	0.01%
DHI	C	0.11%	0.01%	0.01%
DHR	D	0.34%	0.01%	0.01%
DIS	D	0.32%	0.01%	0.01%
DLR	C	0.1%	0.01%	0.01%
DLTR	F	0.03%	0.01%	0.01%
DOC	C	0.03%	0.01%	0.01%
DOV	B	0.05%	0.01%	0.01%
DOW	B	0.07%	0.01%	0.01%
DOX	B	0.02%	0.01%	0.01%
DRI	C	0.04%	0.01%	0.01%
DT	B	0.03%	0.01%	0.01%
DTE	A	0.05%	0.01%	0.01%
DUK	B	0.17%	0.01%	0.01%
DVN	F	0.05%	0.01%	0.01%
EA	D	0.06%	0.01%	0.01%
EBAY	A	0.06%	0.01%	0.01%
ECL	B	0.12%	0.01%	0.01%
ED	A	0.07%	0.01%	0.01%
EFX	C	0.07%	0.01%	0.01%
EG	B	0.03%	0.01%	0.01%
EIX	B	0.06%	0.01%	0.01%
EL	D	0.04%	0.01%	0.01%
EMN	C	0.03%	0.01%	0.01%
EMR	B	0.11%	0.01%	0.01%
EOG	B	0.14%	0.01%	0.01%
EQH	C	0.03%	0.01%	0.01%
EQIX	C	0.16%	0.01%	0.01%
EQR	C	0.05%	0.01%	0.01%
ES	D	0.04%	0.01%	0.01%
ESS	D	0.04%	0.01%	0.01%
ETN	C	0.25%	0.01%	0.01%
ETR	A	0.05%	0.01%	0.01%
EVRG	C	0.03%	0.01%	0.01%
EW	F	0.08%	0.01%	0.01%
EXC	A	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.01%	0.01%
EXR	C	0.07%	0.01%	0.01%
FAF	C	0.01%	0.01%	0.01%
FANG	C	0.06%	0.01%	0.01%
FDX	F	0.11%	0.01%	0.01%
FE	C	0.05%	0.01%	0.01%
FHN	D	0.02%	0.01%	0.01%
FIS	B	0.09%	0.01%	0.01%
FITB	C	0.06%	0.01%	0.01%
FLEX	C	0.02%	0.01%	0.01%
FLO	D	0.01%	0.01%	0.01%
FLS	B	0.01%	0.01%	0.01%
FMC	C	0.02%	0.01%	0.01%
FNF	B	0.03%	0.01%	0.01%
FOXA	A	0.02%	0.01%	0.01%
FRT	D	0.02%	0.01%	0.01%
FTNT	B	0.09%	0.01%	0.01%
FTV	C	0.05%	0.01%	0.01%
GD	C	0.13%	0.01%	0.01%
GE	C	0.39%	0.01%	0.01%
GILD	A	0.2%	0.01%	0.01%
GIS	C	0.08%	0.01%	0.01%
GL	C	0.02%	0.01%	0.01%
GLPI	A	0.03%	0.01%	0.01%
GLW	C	0.07%	0.01%	0.01%
GM	D	0.1%	0.01%	0.01%
GOOGL	B	1.8%	0.01%	0.01%
GPC	D	0.04%	0.01%	0.01%
GPN	F	0.05%	0.01%	0.01%
GS	D	0.3%	0.01%	0.01%
GWW	B	0.08%	0.01%	0.01%
GXO	D	0.01%	0.01%	0.01%
H	C	0.01%	0.01%	0.01%
HAL	D	0.05%	0.01%	0.01%
HAS	B	0.02%	0.01%	0.01%
HBAN	D	0.04%	0.01%	0.01%
HCA	C	0.15%	0.01%	0.01%
HD	A	0.75%	0.01%	0.01%
HES	C	0.07%	0.01%	0.01%
HIG	B	0.07%	0.01%	0.01%
HII	F	0.02%	0.01%	0.01%
HOG	D	0.01%	0.01%	0.01%
HON	C	0.25%	0.01%	0.01%
HPE	B	0.05%	0.01%	0.01%
HPQ	B	0.07%	0.01%	0.01%
HRB	C	0.02%	0.01%	0.01%
HRL	F	0.02%	0.01%	0.01%
HST	D	0.03%	0.01%	0.01%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.04%	0.01%	0.01%
HUM	F	0.07%	0.01%	0.01%
HUN	C	0.01%	0.01%	0.01%
IBM	A	0.38%	0.01%	0.01%
ICE	A	0.17%	0.01%	0.01%
IEX	D	0.03%	0.01%	0.01%
IFF	C	0.05%	0.01%	0.01%
ILMN	B	0.04%	0.01%	0.01%
INGR	B	0.02%	0.01%	0.01%
INTC	D	0.18%	0.01%	0.01%
INTU	F	0.33%	0.01%	0.01%
INVH	F	0.04%	0.01%	0.01%
IP	C	0.03%	0.01%	0.01%
IPG	D	0.02%	0.01%	0.01%
ITW	B	0.15%	0.01%	0.01%
IVZ	B	0.01%	0.01%	0.01%
JBHT	D	0.03%	0.01%	0.01%
JBL	C	0.02%	0.01%	0.01%
JCI	C	0.1%	0.01%	0.01%
JEF	A	0.02%	0.01%	0.01%
JHG	B	0.01%	0.01%	0.01%
JLL	C	0.02%	0.01%	0.01%
JNJ	D	0.74%	0.01%	0.01%
JNPR	B	0.02%	0.01%	0.01%
JPM	D	1.15%	0.01%	0.01%
K	A	0.04%	0.01%	0.01%
KDP	C	0.08%	0.01%	0.01%
KEX	C	0.01%	0.01%	0.01%
KEY	C	0.03%	0.01%	0.01%
KEYS	C	0.05%	0.01%	0.01%
KIM	C	0.03%	0.01%	0.01%
KLAC	B	0.2%	0.01%	0.01%
KMB	D	0.09%	0.01%	0.01%
KMI	A	0.08%	0.01%	0.01%
KO	C	0.53%	0.01%	0.01%
KR	C	0.07%	0.01%	0.01%
KRC	C	0.01%	0.01%	0.01%
L	D	0.03%	0.01%	0.01%
LDOS	A	0.04%	0.01%	0.01%
LEA	F	0.01%	0.01%	0.01%
LEN	B	0.08%	0.01%	0.01%
LEN	B	0.0%	0.01%	0.0%
LHX	A	0.08%	0.01%	0.01%
LII	C	0.04%	0.01%	0.01%
LIN	B	0.44%	0.01%	0.01%
LLY	D	1.49%	0.01%	0.01%
LMT	A	0.26%	0.01%	0.01%
LNC	D	0.01%	0.01%	0.01%
LNT	A	0.03%	0.01%	0.01%
LOW	A	0.29%	0.01%	0.01%
LRCX	D	0.2%	0.01%	0.01%
LUV	B	0.03%	0.01%	0.01%
LVS	B	0.03%	0.01%	0.01%
LYB	F	0.05%	0.01%	0.01%
MA	A	0.76%	0.01%	0.01%
MAA	D	0.04%	0.01%	0.01%
MAR	B	0.11%	0.01%	0.01%
MAS	A	0.03%	0.01%	0.01%
MCD	A	0.42%	0.01%	0.01%
MCHP	F	0.08%	0.01%	0.01%
MCK	F	0.12%	0.01%	0.01%
MCO	D	0.14%	0.01%	0.01%
MDLZ	D	0.19%	0.01%	0.01%
MDT	C	0.22%	0.01%	0.01%
MET	B	0.09%	0.01%	0.01%
MHK	B	0.02%	0.01%	0.01%
MKC	C	0.04%	0.01%	0.01%
MKL	C	0.04%	0.01%	0.01%
MLM	F	0.06%	0.01%	0.01%
MMC	D	0.21%	0.01%	0.01%
MMM	C	0.14%	0.01%	0.01%
MO	D	0.17%	0.01%	0.01%
MOS	F	0.02%	0.01%	0.01%
MPC	C	0.11%	0.01%	0.01%
MRK	F	0.55%	0.01%	0.01%
MRO	C	0.03%	0.01%	0.01%
MRVL	B	0.12%	0.01%	0.01%
MS	B	0.25%	0.01%	0.01%
MSFT	D	5.97%	0.01%	0.01%
MSI	A	0.14%	0.01%	0.01%
MTB	C	0.05%	0.01%	0.01%
MU	D	0.2%	0.01%	0.01%
NDAQ	B	0.05%	0.01%	0.01%
NEE	A	0.32%	0.01%	0.01%
NEM	C	0.12%	0.01%	0.01%
NFG	A	0.01%	0.01%	0.01%
NI	A	0.03%	0.01%	0.01%
NKE	D	0.2%	0.01%	0.01%
NNN	A	0.02%	0.01%	0.01%
NOC	B	0.15%	0.01%	0.01%
NOV	F	0.01%	0.01%	0.01%
NOW	C	0.36%	0.01%	0.01%
NSC	D	0.11%	0.01%	0.01%
NTAP	D	0.05%	0.01%	0.01%
NTRS	C	0.04%	0.01%	0.01%
NUE	C	0.07%	0.01%	0.01%
NVDA	B	5.41%	0.01%	0.01%
NVR	B	0.05%	0.01%	0.01%
NVT	D	0.02%	0.01%	0.01%
O	A	0.1%	0.01%	0.01%
OC	C	0.03%	0.01%	0.01%
OGE	A	0.02%	0.01%	0.01%
OHI	C	0.02%	0.01%	0.01%
OKE	A	0.1%	0.01%	0.01%
OMC	C	0.04%	0.01%	0.01%
ORCL	C	0.49%	0.01%	0.01%
ORI	B	0.02%	0.01%	0.01%
ORLY	A	0.13%	0.01%	0.01%
OSK	F	0.01%	0.01%	0.01%
OTIS	A	0.08%	0.01%	0.01%
PCAR	C	0.1%	0.01%	0.01%
PCG	C	0.08%	0.01%	0.01%
PEG	A	0.08%	0.01%	0.01%
PEP	F	0.44%	0.01%	0.01%
PFE	D	0.32%	0.01%	0.01%
PFG	C	0.04%	0.01%	0.01%
PG	D	0.77%	0.01%	0.01%
PGR	C	0.28%	0.01%	0.01%
PH	B	0.15%	0.01%	0.01%
PHM	A	0.06%	0.01%	0.01%
PKG	B	0.04%	0.01%	0.01%
PLD	D	0.22%	0.01%	0.01%
PM	D	0.36%	0.01%	0.01%
PNC	C	0.14%	0.01%	0.01%
PNR	B	0.03%	0.01%	0.01%
PNW	B	0.02%	0.01%	0.01%
PPG	D	0.06%	0.01%	0.01%
PPL	B	0.05%	0.01%	0.01%
PRU	C	0.08%	0.01%	0.01%
PSA	C	0.11%	0.01%	0.01%
PSX	D	0.1%	0.01%	0.01%
PWR	B	0.08%	0.01%	0.01%
PYPL	C	0.16%	0.01%	0.01%
QCOM	C	0.35%	0.01%	0.01%
QRVO	F	0.02%	0.01%	0.01%
REG	C	0.02%	0.01%	0.01%
REGN	D	0.21%	0.01%	0.01%
REXR	D	0.02%	0.01%	0.01%
RF	C	0.04%	0.01%	0.01%
RGA	C	0.03%	0.01%	0.01%
RJF	B	0.04%	0.01%	0.01%
RL	B	0.01%	0.01%	0.01%
RNR	A	0.03%	0.01%	0.01%
ROK	C	0.06%	0.01%	0.01%
ROP	C	0.11%	0.01%	0.01%
ROST	D	0.09%	0.01%	0.01%
RPM	B	0.03%	0.01%	0.01%
RPRX	D	0.02%	0.01%	0.01%
RS	D	0.03%	0.01%	0.01%
RSG	C	0.08%	0.01%	0.01%
RTX	A	0.3%	0.01%	0.01%
RYN	C	0.01%	0.01%	0.01%
SBUX	C	0.2%	0.01%	0.01%
SCCO	B	0.02%	0.01%	0.01%
SCHW	D	0.18%	0.01%	0.01%
SF	A	0.02%	0.01%	0.01%
SHW	C	0.17%	0.01%	0.01%
SIGI	D	0.01%	0.01%	0.01%
SJM	D	0.02%	0.01%	0.01%
SLB	D	0.12%	0.01%	0.01%
SNA	A	0.03%	0.01%	0.01%
SNV	D	0.01%	0.01%	0.01%
SNX	D	0.02%	0.01%	0.01%
SO	A	0.19%	0.01%	0.01%
SON	D	0.01%	0.01%	0.01%
SPG	A	0.1%	0.01%	0.01%
SPGI	B	0.31%	0.01%	0.01%
SRE	B	0.1%	0.01%	0.01%
STE	D	0.04%	0.01%	0.01%
STLD	B	0.03%	0.01%	0.01%
STT	C	0.05%	0.01%	0.01%
STZ	D	0.08%	0.01%	0.01%
SUI	D	0.03%	0.01%	0.01%
SWK	C	0.03%	0.01%	0.01%
SWKS	F	0.03%	0.01%	0.01%
SWX	C	0.01%	0.01%	0.01%
SYF	B	0.04%	0.01%	0.01%
SYK	C	0.22%	0.01%	0.01%
SYY	D	0.07%	0.01%	0.01%
T	A	0.29%	0.01%	0.01%
TAP	D	0.02%	0.01%	0.01%
TDY	A	0.04%	0.01%	0.01%
TEL	D	0.09%	0.01%	0.01%
TFC	D	0.11%	0.01%	0.01%
TGT	D	0.14%	0.01%	0.01%
THG	C	0.01%	0.01%	0.01%
TJX	D	0.26%	0.01%	0.01%
TKR	D	0.01%	0.01%	0.01%
TMO	D	0.45%	0.01%	0.01%
TMUS	A	0.18%	0.01%	0.01%
TRMB	B	0.03%	0.01%	0.01%
TRV	C	0.1%	0.01%	0.01%
TSCO	B	0.06%	0.01%	0.01%
TSN	D	0.03%	0.01%	0.01%
TT	A	0.17%	0.01%	0.01%
TXN	C	0.35%	0.01%	0.01%
TXT	F	0.03%	0.01%	0.01%
UAL	B	0.03%	0.01%	0.01%
UDR	C	0.03%	0.01%	0.01%
UHS	D	0.02%	0.01%	0.01%
UNH	B	1.0%	0.01%	0.01%
UNM	A	0.02%	0.01%	0.01%
UNP	D	0.29%	0.01%	0.01%
UPS	D	0.18%	0.01%	0.01%
USB	D	0.13%	0.01%	0.01%
V	C	0.82%	0.01%	0.01%
VFC	B	0.01%	0.01%	0.01%
VLO	D	0.08%	0.01%	0.01%
VMC	D	0.06%	0.01%	0.01%
VMI	B	0.01%	0.01%	0.01%
VNT	F	0.01%	0.01%	0.01%
VOYA	A	0.01%	0.01%	0.01%
VRSK	C	0.07%	0.01%	0.01%
VRSN	B	0.03%	0.01%	0.01%
VTR	C	0.05%	0.01%	0.01%
VTRS	D	0.03%	0.01%	0.01%
VZ	B	0.36%	0.01%	0.01%
WAB	B	0.06%	0.01%	0.01%
WBA	F	0.01%	0.01%	0.01%
WBS	D	0.02%	0.01%	0.01%
WEC	A	0.06%	0.01%	0.01%
WELL	C	0.14%	0.01%	0.01%
WFC	F	0.36%	0.01%	0.01%
WHR	C	0.01%	0.01%	0.01%
WLK	C	0.01%	0.01%	0.01%
WM	B	0.16%	0.01%	0.01%
WMB	A	0.11%	0.01%	0.01%
WMT	A	0.67%	0.01%	0.01%
WPC	C	0.03%	0.01%	0.01%
WRB	C	0.03%	0.01%	0.01%
WTFC	C	0.01%	0.01%	0.01%
WTRG	D	0.02%	0.01%	0.01%
WU	D	0.01%	0.01%	0.01%
WY	C	0.05%	0.01%	0.01%
XEL	B	0.07%	0.01%	0.01%
XOM	A	1.0%	0.01%	0.01%
XRAY	D	0.01%	0.01%	0.01%
XYL	C	0.06%	0.01%	0.01%
ZBH	F	0.04%	0.01%	0.01%
ZION	D	0.01%	0.01%	0.01%
ZTS	C	0.17%	0.01%	0.01%

GUSA Overweight 521 Positions Relative to BND

Symbol	Grade	Weight
META	A	2.35%
GOOG	B	1.63%
TSLA	C	1.32%
BRK.A	C	1.11%
NFLX	B	0.58%
AMD	B	0.48%
ACN	B	0.43%
ISRG	C	0.32%
UBER	C	0.3%
ELV	F	0.24%
VRTX	D	0.23%
PANW	D	0.21%
BX	C	0.21%
MELI	D	0.19%
KKR	C	0.17%
ANET	A	0.17%
SNPS	F	0.15%
TDG	B	0.15%
CMG	C	0.15%
CEG	A	0.15%
PLTR	A	0.14%
FCX	B	0.13%
GEV	A	0.13%
CRWD	D	0.12%
ABNB	D	0.11%
HLT	B	0.11%
WDAY	D	0.1%
URI	C	0.1%
SPOT	C	0.1%
DASH	B	0.09%
FICO	A	0.09%
TTD	A	0.09%
IR	B	0.08%
RCL	C	0.08%
CNC	F	0.08%
HWM	A	0.08%
FLUT	C	0.08%
LNG	A	0.08%
FAST	C	0.08%
IDXX	D	0.08%
IQV	F	0.08%
F	D	0.08%
MPWR	B	0.08%
PAYX	A	0.08%
MSCI	B	0.08%
KVUE	C	0.08%
CPRT	C	0.08%
TRGP	A	0.07%
IRM	A	0.07%
SNOW	F	0.07%
RMD	C	0.07%
OXY	D	0.07%
MNST	D	0.07%
BKR	B	0.07%
SQ	D	0.07%
YUM	B	0.07%
CTSH	B	0.07%
ODFL	F	0.07%
CBRE	B	0.07%
VST	B	0.07%
IT	B	0.07%
AME	D	0.07%
GEHC	C	0.07%
LULU	D	0.06%
WTW	C	0.06%
CDW	D	0.06%
ON	F	0.06%
MTD	B	0.06%
VEEV	C	0.06%
DDOG	C	0.06%
CSGP	F	0.06%
VRT	B	0.06%
ALNY	C	0.06%
COIN	F	0.06%
VICI	C	0.06%
DECK	B	0.05%
TROW	D	0.05%
TYL	B	0.05%
SW	C	0.05%
TTWO	F	0.05%
NET	D	0.05%
VLTO	A	0.05%
FSLR	C	0.05%
TEAM	D	0.05%
SBAC	C	0.05%
HUBS	D	0.05%
DXCM	F	0.05%
GRMN	D	0.05%
CPNG	C	0.05%
KHC	F	0.05%
ARES	A	0.05%
ANSS	D	0.05%
AXON	A	0.05%
WSM	B	0.04%
ZBRA	C	0.04%
WBD	D	0.04%
CCL	C	0.04%
PINS	C	0.04%
J	F	0.04%
HOLX	D	0.04%
MDB	D	0.04%
ULTA	D	0.04%
MOH	D	0.04%
WAT	B	0.04%
TER	C	0.04%
EME	C	0.04%
BAH	A	0.04%
TRU	A	0.04%
STX	B	0.04%
BALL	C	0.04%
PTC	D	0.04%
CPAY	A	0.04%
GDDY	D	0.04%
MRNA	F	0.04%
FCNCA	D	0.04%
WDC	C	0.04%
TPL	A	0.04%
RBLX	D	0.04%
WST	D	0.04%
MSTR	B	0.04%
SMCI	F	0.04%
BLDR	B	0.04%
APP	A	0.04%
FFIV	B	0.03%
XPO	F	0.03%
NTRA	B	0.03%
ERIE	B	0.03%
GWRE	A	0.03%
FIX	B	0.03%
ACM	A	0.03%
CASY	D	0.03%
IBKR	A	0.03%
NDSN	C	0.03%
TW	A	0.03%
USFD	C	0.03%
POOL	B	0.03%
GGG	C	0.03%
UTHR	C	0.03%
EQT	B	0.03%
NTNX	C	0.03%
THC	D	0.03%
YUMC	B	0.03%
DPZ	D	0.03%
ROL	C	0.03%
ZS	F	0.03%
AKAM	D	0.03%
PSTG	F	0.03%
HEI	C	0.03%
ENPH	F	0.03%
LYV	B	0.03%
TOL	A	0.03%
SSNC	C	0.03%
PODD	C	0.03%
LPLA	C	0.03%
WSO	C	0.03%
ENTG	D	0.03%
CVNA	A	0.03%
MANH	C	0.03%
AVTR	D	0.03%
ALGN	D	0.03%
BURL	D	0.03%
ZM	C	0.03%
FDS	C	0.03%
CTRA	D	0.03%
EXPD	D	0.03%
DKNG	D	0.03%
NRG	A	0.03%
MTZ	A	0.02%
AR	B	0.02%
ATI	C	0.02%
RBC	C	0.02%
RIVN	F	0.02%
MLI	C	0.02%
BRBR	A	0.02%
BSY	D	0.02%
UFPI	C	0.02%
ALSN	A	0.02%
AXTA	C	0.02%
BFAM	B	0.02%
SSD	B	0.02%
GLOB	C	0.02%
HSIC	D	0.02%
WYNN	B	0.02%
HLI	B	0.02%
MORN	C	0.02%
ENSG	D	0.02%
COLD	D	0.02%
CHRD	F	0.02%
WEX	C	0.02%
MEDP	F	0.02%
FN	B	0.02%
KNX	D	0.02%
CZR	B	0.02%
NYT	C	0.02%
AIT	B	0.02%
X	F	0.02%
LAD	C	0.02%
TKO	A	0.02%
CROX	C	0.02%
CHE	C	0.02%
PSN	A	0.02%
SKX	D	0.02%
CIEN	A	0.02%
LBRDK	B	0.02%
KBR	B	0.02%
DVA	C	0.02%
NCLH	C	0.02%
TPX	C	0.02%
DCI	C	0.02%
PAYC	D	0.02%
OWL	A	0.02%
GPK	D	0.02%
GNRC	B	0.02%
TTC	D	0.02%
EGP	D	0.02%
APA	F	0.02%
DAY	B	0.02%
EVR	C	0.02%
CHDN	D	0.02%
WAL	C	0.02%
PRI	A	0.02%
ARMK	B	0.02%
MUSA	D	0.02%
MGM	C	0.02%
LW	D	0.02%
OLED	C	0.02%
EHC	B	0.02%
CG	B	0.02%
ROKU	B	0.02%
CHK	D	0.02%
GMED	D	0.02%
SOLV	C	0.02%
MKTX	B	0.02%
RGLD	C	0.02%
ONTO	C	0.02%
IOT	C	0.02%
EXP	B	0.02%
MTCH	B	0.02%
BWXT	A	0.02%
DUOL	B	0.02%
OVV	D	0.02%
KNSL	C	0.02%
CRL	F	0.02%
WWD	C	0.02%
QGEN	F	0.02%
NWSA	D	0.02%
LKQ	F	0.02%
ATR	A	0.02%
WMS	D	0.02%
TWLO	B	0.02%
AOS	B	0.02%
Z	C	0.02%
TPR	C	0.02%
TOST	B	0.02%
LECO	F	0.02%
CTLT	A	0.02%
SFM	A	0.02%
CACI	A	0.02%
AFRM	C	0.02%
SNAP	D	0.02%
HEI	C	0.02%
BJ	C	0.02%
SRPT	F	0.02%
RRX	C	0.02%
HOOD	C	0.02%
EPAM	F	0.02%
NBIX	F	0.02%
CCK	C	0.02%
SCI	D	0.02%
INSM	D	0.02%
EWBC	D	0.02%
TFX	C	0.02%
TXRH	C	0.02%
PFGC	A	0.02%
COHR	A	0.02%
LAMR	C	0.02%
DOCU	B	0.02%
FTI	B	0.02%
INCY	B	0.02%
PCVX	C	0.02%
OKTA	F	0.02%
TECH	D	0.02%
KMX	F	0.02%
ITT	C	0.02%
SAIA	D	0.02%
DKS	D	0.02%
EXAS	C	0.02%
TTEK	A	0.02%
CLH	C	0.02%
CW	A	0.02%
WING	C	0.02%
JKHY	A	0.02%
FND	C	0.02%
BLD	D	0.02%
BMRN	F	0.02%
ELS	D	0.02%
ZI	D	0.01%
BBIO	F	0.01%
APLS	F	0.01%
BROS	F	0.01%
HESM	C	0.01%
COLM	D	0.01%
CRVL	C	0.01%
CNXC	F	0.01%
GFS	F	0.01%
PAG	D	0.01%
LCID	D	0.01%
TNET	F	0.01%
DDS	D	0.01%
DNB	D	0.01%
ATKR	F	0.01%
ZG	C	0.01%
PBF	F	0.01%
AMKR	F	0.01%
STNG	C	0.01%
COTY	F	0.01%
RIG	F	0.01%
NSA	C	0.01%
LANC	F	0.01%
SLAB	D	0.01%
ENLC	A	0.01%
M	F	0.01%
IAC	D	0.01%
MSM	D	0.01%
WMG	C	0.01%
CHWY	C	0.01%
SLGN	C	0.01%
GAP	F	0.01%
HCP	A	0.01%
ASGN	D	0.01%
RMBS	F	0.01%
MGY	B	0.01%
SIG	C	0.01%
ASH	F	0.01%
CIVI	F	0.01%
CPRI	B	0.01%
EEFT	F	0.01%
CFLT	F	0.01%
APPF	C	0.01%
BYD	C	0.01%
DLB	C	0.01%
QLYS	F	0.01%
TENB	F	0.01%
OZK	D	0.01%
FFIN	D	0.01%
PII	D	0.01%
SUM	F	0.01%
CNM	F	0.01%
GATX	F	0.01%
CELH	F	0.01%
LYFT	D	0.01%
ABG	F	0.01%
TPG	B	0.01%
FOUR	B	0.01%
UBSI	D	0.01%
SM	C	0.01%
W	D	0.01%
GBCI	C	0.01%
PCOR	D	0.01%
OGN	F	0.01%
PATH	F	0.01%
FOX	A	0.01%
DOCS	A	0.01%
AM	A	0.01%
RH	C	0.01%
SEE	D	0.01%
FIVE	D	0.01%
MUR	F	0.01%
PARA	F	0.01%
IDA	D	0.01%
UGI	C	0.01%
HXL	F	0.01%
ALTR	C	0.01%
NXST	F	0.01%
GTLS	F	0.01%
SN	A	0.01%
MDU	C	0.01%
ALK	C	0.01%
OPCH	F	0.01%
BILL	D	0.01%
CYTK	D	0.01%
PVH	F	0.01%
OMF	F	0.01%
VVV	F	0.01%
ST	F	0.01%
OLN	C	0.01%
BPMC	F	0.01%
MMS	C	0.01%
THO	C	0.01%
MASI	B	0.01%
POST	D	0.01%
WTS	C	0.01%
EXPO	A	0.01%
SRCL	A	0.01%
GTLB	D	0.01%
IBP	C	0.01%
VKTX	B	0.01%
IONS	F	0.01%
U	D	0.01%
MTSI	C	0.01%
HLNE	A	0.01%
ESI	C	0.01%
ONB	D	0.01%
CLF	F	0.01%
DAR	F	0.01%
MTDR	F	0.01%
APG	F	0.01%
CHX	C	0.01%
EXLS	A	0.01%
PR	D	0.01%
ESAB	C	0.01%
INSP	C	0.01%
ELF	F	0.01%
AGCO	D	0.01%
DBX	B	0.01%
GME	D	0.01%
RLI	A	0.01%
STWD	C	0.01%
S	D	0.01%
BRKR	D	0.01%
NOVT	D	0.01%
CMC	D	0.01%
G	A	0.01%
WH	C	0.01%
LFUS	D	0.01%
ESTC	F	0.01%
PB	D	0.01%
CRUS	D	0.01%
AA	B	0.01%
ETSY	F	0.01%
RYAN	A	0.01%
MAT	D	0.01%
BIO	B	0.01%
HQY	C	0.01%
RHP	C	0.01%
ESNT	C	0.01%
LNW	F	0.01%
CFR	D	0.01%
JAZZ	F	0.01%
LSTR	F	0.01%
SITE	D	0.01%
AZEK	C	0.01%
MSA	F	0.01%
WFRD	F	0.01%
AAON	B	0.01%
DINO	D	0.01%
ITCI	D	0.01%
EXEL	B	0.01%
CRBG	B	0.01%
RVMD	B	0.01%
MTN	D	0.01%
ELAN	C	0.01%
ANF	F	0.01%
CGNX	F	0.01%
BBWI	F	0.01%
LPX	C	0.01%
SEIC	B	0.01%
ACHC	F	0.01%
ALV	F	0.01%
MKSI	F	0.01%
PEN	D	0.01%
HALO	C	0.01%
BPOP	D	0.01%
SPSC	F	0.01%
STAG	D	0.01%
SAIC	A	0.01%
LSCC	D	0.01%
RHI	D	0.01%
PCTY	B	0.01%
GNTX	D	0.01%
AGNC	C	0.01%
PLNT	B	0.01%
CBSH	D	0.01%
SOFI	C	0.01%
UHAL	B	0.01%
SSB	C	0.01%
SMAR	A	0.01%
PNFP	D	0.01%
MTH	C	0.01%
RGEN	F	0.01%
RRC	B	0.01%
FR	D	0.01%
SWN	D	0.01%
LNTH	C	0.01%
WCC	D	0.01%
CR	C	0.01%
TREX	D	0.01%
WSC	D	0.01%
MIDD	D	0.01%
DTM	A	0.01%
ACI	F	0.01%
FYBR	C	0.01%
FLR	C	0.01%
FCN	C	0.01%
DJT	F	0.0%
UHAL	B	0.0%
UWMC	D	0.0%
BLCO	C	0.0%
NFE	F	0.0%
CWEN	C	0.0%
INFA	D	0.0%
LBRDA	B	0.0%
BIRK	F	0.0%
ALGM	F	0.0%
IMVT	F	0.0%
REYN	D	0.0%
PPC	D	0.0%
KNTK	A	0.0%
RDDT	B	0.0%
LEVI	C	0.0%
IPGP	D	0.0%
NWS	D	0.0%
RCM	B	0.0%
IGT	F	0.0%
IPAR	F	0.0%
CLVT	D	0.0%
RKT	D	0.0%
BOKF	D	0.0%
EDR	A	0.0%
CWEN	C	0.0%
ADTN	C	0.0%

GUSA Underweight 99 Positions Relative to BND

Symbol	Grade	Weight
WIT	C	-0.09%
LXP	D	-0.01%
PAA	C	-0.01%
OCSL	D	-0.01%
NYC	B	-0.01%
NWE	B	-0.01%
MCY	B	-0.01%
PDM	C	-0.01%
GSBD	D	-0.01%
HPP	F	-0.01%
JBLU	B	-0.01%
ET	A	-0.01%
FSK	A	-0.01%
CAF	B	-0.01%
CP	D	-0.01%
COO	C	-0.01%
TME	B	-0.01%
OGS	C	-0.01%
LH	D	-0.01%
MPLX	A	-0.01%
JD	B	-0.01%
KMT	D	-0.01%
KMPR	D	-0.01%
GBDC	B	-0.01%
WB	B	-0.01%
UBS	B	-0.01%
R	C	-0.01%
SLG	C	-0.01%
SKT	A	-0.01%
SITC	D	-0.01%
RIV	A	-0.01%
SCS	F	-0.01%
SAVE	F	-0.01%
SAFE	C	-0.01%
NHI	C	-0.01%
NEU	F	-0.01%
NYCB	D	-0.01%
NXPI	F	-0.01%
HSBC	A	-0.01%
GP	D	-0.01%
HR	D	-0.01%
HP	D	-0.01%
HIW	C	-0.01%
ESGR	D	-0.01%
EPRT	C	-0.01%
EPR	C	-0.01%
AAT	C	-0.01%
AAP	F	-0.01%
PECO	C	-0.01%
EE	A	-0.01%
DXC	B	-0.01%
CTS	D	-0.01%
COE	D	-0.01%
CNO	C	-0.01%
AVT	C	-0.01%
AGO	B	-0.01%
BMO	B	-0.01%
ARCC	A	-0.01%
CBT	C	-0.01%
BDN	A	-0.01%
BCSF	B	-0.01%
OPI	F	-0.01%
LEG	D	-0.01%
LAZ	C	-0.01%
MP	B	-0.01%
KSS	D	-0.01%
KRG	C	-0.01%
KOF	D	-0.01%
TSLX	C	-0.01%
VNO	A	-0.01%
STLA	F	-0.01%
WRK	C	-0.01%
PSEC	C	-0.01%
SBRA	C	-0.01%
PRE	F	-0.01%
MAIN	A	-0.01%
RY	C	-0.01%
BHP	B	-0.01%
DB	C	-0.01%
EDC	B	-0.01%
GSK	F	-0.01%
EPD	A	-0.01%
BNS	C	-0.01%
EQNR	C	-0.01%
BABA	B	-0.01%
VOD	D	-0.01%
AZN	D	-0.01%
NWG	D	-0.01%
MUFG	F	-0.01%
TD	B	-0.01%
DSS	F	-0.01%
AWH	F	-0.01%
CM	C	-0.01%
AVA	D	-0.01%
AER	D	-0.01%
CHI	C	-0.01%
BKH	C	-0.01%
BIDU	B	-0.01%
BHF	F	-0.01%