GUSA vs. FTHI ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to First Trust High Income ETF (FTHI)

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

$51.97

Average Daily Volume

6,962

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	FTHI
30 Days	3.03%	2.96%
60 Days	5.42%	3.94%
90 Days	7.24%	5.68%
12 Months	33.55%	18.62%

137 Overlapping Holdings

Symbol	Grade	Weight in GUSA	Weight in FTHI	Overlap
AAPL	C	6.17%	5.63%	5.63%
ABBV	D	0.54%	0.62%	0.54%
ADBE	C	0.4%	0.44%	0.4%
ADP	B	0.22%	0.33%	0.22%
AJG	B	0.11%	0.05%	0.05%
ALSN	B	0.02%	0.53%	0.02%
AM	A	0.01%	0.38%	0.01%
AMAT	F	0.25%	0.31%	0.25%
AMD	F	0.41%	0.45%	0.41%
AMGN	D	0.27%	0.31%	0.27%
AMH	D	0.02%	0.22%	0.02%
AMT	D	0.17%	0.29%	0.17%
AMZN	C	3.5%	3.92%	3.5%
ARES	A	0.06%	0.42%	0.06%
ATR	B	0.02%	0.25%	0.02%
AVGO	D	1.38%	1.65%	1.38%
BAC	A	0.57%	0.56%	0.56%
BAH	F	0.03%	0.31%	0.03%
BDX	F	0.12%	0.07%	0.07%
BKNG	A	0.3%	0.36%	0.3%
BLK	C	0.28%	0.24%	0.24%
BMY	B	0.22%	0.48%	0.22%
BRBR	A	0.02%	0.77%	0.02%
BRK.A	B	1.13%	1.73%	1.13%
BX	A	0.24%	0.13%	0.13%
CAT	B	0.34%	0.41%	0.34%
CCI	D	0.08%	0.53%	0.08%
CL	D	0.14%	0.05%	0.05%
CME	A	0.15%	0.37%	0.15%
CNA	B	0.0%	0.23%	0.0%
COP	C	0.24%	0.24%	0.24%
COST	B	0.75%	0.83%	0.75%
CRM	B	0.55%	0.65%	0.55%
CVLT	B	0.01%	0.48%	0.01%
CVX	A	0.5%	0.26%	0.26%
D	C	0.09%	0.08%	0.08%
DECK	A	0.05%	0.41%	0.05%
DELL	C	0.07%	0.45%	0.07%
DHR	F	0.27%	0.31%	0.27%
DTM	B	0.02%	0.46%	0.02%
DUK	C	0.16%	0.31%	0.16%
EHC	B	0.02%	0.39%	0.02%
ELV	F	0.17%	0.03%	0.03%
EQIX	A	0.16%	0.21%	0.16%
EWBC	A	0.03%	0.43%	0.03%
EXP	A	0.02%	0.48%	0.02%
EXR	D	0.06%	0.14%	0.06%
FLO	D	0.01%	0.2%	0.01%
FNF	B	0.03%	0.35%	0.03%
FTI	A	0.02%	0.34%	0.02%
GAP	C	0.01%	0.27%	0.01%
GE	D	0.35%	0.35%	0.35%
GEV	B	0.17%	0.17%	0.17%
GGG	B	0.03%	0.27%	0.03%
GILD	C	0.2%	0.47%	0.2%
GIS	D	0.06%	0.03%	0.03%
GOOG	C	1.71%	1.84%	1.71%
GOOGL	C	1.9%	2.17%	1.9%
GS	A	0.33%	0.33%	0.33%
HD	A	0.74%	0.88%	0.74%
HESM	B	0.01%	0.34%	0.01%
HLI	B	0.02%	0.44%	0.02%
HON	B	0.27%	0.31%	0.27%
IBM	C	0.35%	0.36%	0.35%
IDA	A	0.01%	0.59%	0.01%
INGR	B	0.02%	0.64%	0.02%
INSM	C	0.02%	0.44%	0.02%
INTU	C	0.32%	0.43%	0.32%
ISRG	A	0.35%	0.37%	0.35%
ITW	B	0.14%	0.41%	0.14%
JPM	A	1.26%	1.41%	1.26%
JXN	C	0.01%	1.11%	0.01%
KNSL	B	0.02%	0.35%	0.02%
KO	D	0.44%	0.46%	0.44%
KRC	C	0.01%	0.31%	0.01%
LANC	C	0.01%	0.36%	0.01%
LIN	D	0.39%	0.41%	0.39%
LLY	F	1.13%	1.18%	1.13%
LMT	D	0.23%	0.26%	0.23%
LOW	D	0.27%	0.31%	0.27%
MA	C	0.78%	0.88%	0.78%
MDLZ	F	0.16%	0.03%	0.03%
MDT	D	0.2%	0.45%	0.2%
MEDP	D	0.01%	0.42%	0.01%
META	D	2.23%	2.55%	2.23%
MMC	B	0.2%	0.42%	0.2%
MO	A	0.17%	0.9%	0.17%
MRK	F	0.45%	0.49%	0.45%
MSFT	F	5.59%	6.53%	5.59%
MSI	B	0.15%	0.17%	0.15%
MUSA	A	0.02%	0.19%	0.02%
NEE	D	0.29%	0.24%	0.24%
NFLX	A	0.67%	0.72%	0.67%
NOW	A	0.38%	0.42%	0.38%
NVDA	C	6.32%	6.56%	6.32%
O	D	0.09%	0.24%	0.09%
OGN	D	0.01%	0.13%	0.01%
ORCL	B	0.56%	0.53%	0.53%
PAYX	C	0.08%	0.21%	0.08%
PEP	F	0.39%	0.45%	0.39%
PFE	D	0.26%	0.1%	0.1%
PFGC	B	0.02%	0.22%	0.02%
PG	A	0.73%	0.79%	0.73%
PM	B	0.37%	0.37%	0.37%
PPC	C	0.0%	0.41%	0.0%
PSA	D	0.1%	0.3%	0.1%
QCOM	F	0.33%	0.32%	0.32%
REYN	D	0.0%	0.16%	0.0%
RTX	C	0.29%	0.33%	0.29%
SCCO	F	0.02%	0.33%	0.02%
SFM	A	0.03%	0.45%	0.03%
SO	D	0.18%	0.2%	0.18%
SPG	B	0.11%	0.05%	0.05%
SPGI	C	0.29%	0.33%	0.29%
STNG	F	0.0%	0.22%	0.0%
SYK	C	0.23%	0.05%	0.05%
T	A	0.3%	0.35%	0.3%
TGT	F	0.13%	0.11%	0.11%
TJX	A	0.25%	0.32%	0.25%
TMO	F	0.35%	0.38%	0.35%
TMUS	B	0.21%	0.3%	0.21%
TOL	B	0.03%	0.45%	0.03%
TSLA	B	1.76%	1.36%	1.36%
TXN	C	0.33%	0.36%	0.33%
UNH	C	0.97%	1.08%	0.97%
UNP	C	0.26%	0.29%	0.26%
USFD	A	0.03%	0.38%	0.03%
V	A	0.95%	1.01%	0.95%
VEEV	C	0.06%	0.31%	0.06%
VST	B	0.1%	0.97%	0.1%
VZ	C	0.32%	0.35%	0.32%
WEC	A	0.06%	0.15%	0.06%
WFC	A	0.46%	0.49%	0.46%
WMT	A	0.69%	0.69%	0.69%
WSO	A	0.03%	0.33%	0.03%
XEL	A	0.07%	0.19%	0.07%
XOM	B	0.96%	1.0%	0.96%

GUSA Overweight 838 Positions Relative to FTHI

Symbol	Grade	Weight
JNJ	D	0.67%
CSCO	B	0.42%
ACN	C	0.4%
MCD	D	0.38%
ABT	B	0.37%
DIS	B	0.37%
CMCSA	B	0.3%
MS	A	0.3%
AXP	A	0.29%
PGR	A	0.27%
UBER	D	0.26%
ETN	A	0.26%
BSX	B	0.24%
PLTR	B	0.23%
PANW	C	0.23%
C	A	0.23%
SCHW	B	0.22%
FI	A	0.22%
CB	C	0.21%
VRTX	F	0.21%
MU	D	0.2%
SBUX	A	0.2%
KKR	A	0.19%
INTC	D	0.19%
ADI	D	0.19%
PLD	D	0.19%
UPS	C	0.18%
DE	A	0.18%
LRCX	F	0.17%
ANET	C	0.17%
TT	A	0.17%
BA	F	0.16%
PYPL	B	0.16%
SHW	A	0.16%
NKE	D	0.16%
WM	A	0.16%
PH	A	0.16%
CI	F	0.16%
MELI	D	0.16%
ICE	C	0.16%
ZTS	D	0.15%
MCK	B	0.15%
CMG	B	0.15%
CRWD	B	0.15%
PNC	B	0.15%
CDNS	B	0.15%
SNPS	B	0.15%
KLAC	D	0.15%
WELL	A	0.15%
APH	A	0.15%
EMR	A	0.14%
AON	A	0.14%
CTAS	B	0.14%
USB	A	0.14%
EOG	A	0.14%
MRVL	B	0.14%
REGN	F	0.14%
MSTR	C	0.14%
APO	B	0.13%
TDG	D	0.13%
ORLY	B	0.13%
CVS	D	0.13%
MMM	D	0.13%
WMB	A	0.13%
NOC	D	0.13%
APD	A	0.13%
APP	B	0.13%
CEG	D	0.13%
MCO	B	0.13%
FCX	D	0.12%
GD	F	0.12%
COIN	C	0.12%
ADSK	A	0.12%
FDX	B	0.12%
OKE	A	0.12%
SPOT	B	0.12%
MAR	B	0.12%
CSX	B	0.12%
COF	B	0.12%
NSC	B	0.11%
ROP	B	0.11%
TRV	B	0.11%
SRE	A	0.11%
HLT	A	0.11%
SLB	C	0.11%
DLR	B	0.11%
ECL	D	0.11%
GM	B	0.11%
TFC	A	0.11%
HCA	F	0.11%
CARR	D	0.11%
RCL	A	0.1%
AZO	C	0.1%
MPC	D	0.1%
TTD	B	0.1%
URI	B	0.1%
WDAY	B	0.1%
PSX	C	0.1%
KMI	A	0.1%
FICO	B	0.1%
AMP	A	0.1%
JCI	C	0.1%
ABNB	C	0.1%
FTNT	C	0.1%
AFL	B	0.1%
DASH	A	0.1%
BK	A	0.1%
PCAR	B	0.1%
DHI	D	0.09%
FAST	B	0.09%
FLUT	A	0.09%
FIS	C	0.09%
HWM	A	0.09%
PWR	A	0.09%
VRT	B	0.09%
CPRT	A	0.09%
AIG	B	0.09%
MET	A	0.09%
LNG	B	0.09%
NEM	D	0.09%
CMI	A	0.09%
SQ	B	0.09%
AEP	D	0.09%
GWW	B	0.09%
ALL	A	0.09%
IR	B	0.08%
SNOW	C	0.08%
DAL	C	0.08%
EW	C	0.08%
COR	B	0.08%
BKR	B	0.08%
F	C	0.08%
DFS	B	0.08%
RSG	A	0.08%
AXON	A	0.08%
TRGP	B	0.08%
PRU	A	0.08%
AME	A	0.08%
PCG	A	0.08%
PEG	A	0.08%
KVUE	A	0.08%
MSCI	C	0.08%
KMB	D	0.08%
VLO	C	0.08%
ROST	C	0.08%
LHX	C	0.08%
MLM	B	0.07%
A	D	0.07%
SYY	B	0.07%
CHTR	C	0.07%
GLW	B	0.07%
VMC	B	0.07%
YUM	B	0.07%
MNST	C	0.07%
STZ	D	0.07%
CTSH	B	0.07%
TEAM	A	0.07%
KR	B	0.07%
IT	C	0.07%
EXC	C	0.07%
LEN	D	0.07%
EA	A	0.07%
ODFL	B	0.07%
VRSK	A	0.07%
DDOG	A	0.07%
OTIS	C	0.07%
CTVA	C	0.07%
CBRE	B	0.07%
HES	B	0.07%
RJF	A	0.06%
TTWO	A	0.06%
CNC	D	0.06%
DOW	F	0.06%
DD	D	0.06%
UAL	A	0.06%
FITB	A	0.06%
WTW	B	0.06%
ROK	B	0.06%
ETR	B	0.06%
GRMN	B	0.06%
FANG	D	0.06%
LULU	C	0.06%
AVB	B	0.06%
TPL	A	0.06%
NDAQ	A	0.06%
EIX	B	0.06%
HUBS	A	0.06%
VICI	C	0.06%
KDP	D	0.06%
HUM	C	0.06%
ED	D	0.06%
IRM	D	0.06%
IDXX	F	0.06%
IQV	D	0.06%
WAB	B	0.06%
HIG	B	0.06%
MCHP	D	0.06%
ACGL	D	0.06%
NUE	C	0.06%
RMD	C	0.06%
GEHC	F	0.06%
HPQ	B	0.06%
OXY	D	0.06%
MTB	A	0.06%
NTAP	C	0.05%
CPAY	A	0.05%
EQT	B	0.05%
DTE	C	0.05%
ADM	D	0.05%
HSY	F	0.05%
SYF	B	0.05%
TYL	B	0.05%
PPL	B	0.05%
GDDY	A	0.05%
EQR	B	0.05%
CCL	B	0.05%
FCNCA	A	0.05%
HBAN	A	0.05%
TROW	B	0.05%
NVR	D	0.05%
VTR	C	0.05%
RBLX	C	0.05%
FTV	C	0.05%
BR	A	0.05%
BRO	B	0.05%
KEYS	A	0.05%
PHM	D	0.05%
CPNG	D	0.05%
HAL	C	0.05%
AWK	D	0.05%
SW	A	0.05%
CHD	B	0.05%
DOV	A	0.05%
MPWR	F	0.05%
CVNA	B	0.05%
HPE	B	0.05%
PPG	F	0.05%
STT	A	0.05%
ON	D	0.05%
NET	B	0.05%
CAH	B	0.05%
GPN	B	0.05%
XYL	D	0.05%
CSGP	D	0.05%
DXCM	D	0.05%
ANSS	B	0.05%
ALNY	D	0.05%
TSCO	D	0.05%
EFX	F	0.05%
EBAY	D	0.05%
STX	D	0.04%
IBKR	A	0.04%
ESS	B	0.04%
LUV	C	0.04%
NRG	B	0.04%
INVH	D	0.04%
PFG	D	0.04%
ZBRA	B	0.04%
LYV	A	0.04%
LII	A	0.04%
LH	C	0.04%
IP	B	0.04%
CSL	C	0.04%
ZM	B	0.04%
CNP	B	0.04%
DKNG	B	0.04%
STLD	B	0.04%
MDB	C	0.04%
WAT	B	0.04%
CMS	C	0.04%
CFG	B	0.04%
BLDR	D	0.04%
CLX	B	0.04%
STE	F	0.04%
LYB	F	0.04%
K	A	0.04%
CBOE	B	0.04%
LDOS	C	0.04%
PKG	A	0.04%
MKL	A	0.04%
WBD	C	0.04%
ES	D	0.04%
TDY	B	0.04%
NTRS	A	0.04%
ILMN	D	0.04%
EXPE	B	0.04%
WST	C	0.04%
WDC	D	0.04%
ATO	A	0.04%
WY	D	0.04%
BIIB	F	0.04%
PTC	A	0.04%
ZBH	C	0.04%
IFF	D	0.04%
FE	C	0.04%
CINF	A	0.04%
VLTO	D	0.04%
SBAC	D	0.04%
CDW	F	0.04%
LPLA	A	0.04%
DVN	F	0.04%
KHC	F	0.04%
EME	C	0.04%
RF	A	0.04%
AEE	A	0.04%
HUBB	B	0.04%
MTD	D	0.04%
RVTY	F	0.03%
SAIA	B	0.03%
NDSN	B	0.03%
DT	C	0.03%
APTV	D	0.03%
UDR	B	0.03%
EL	F	0.03%
POOL	C	0.03%
FFIV	B	0.03%
CW	B	0.03%
JBL	B	0.03%
AMCR	D	0.03%
SMCI	F	0.03%
JBHT	C	0.03%
ACM	A	0.03%
AFRM	B	0.03%
ROL	B	0.03%
TWLO	A	0.03%
EVRG	A	0.03%
EQH	B	0.03%
FLEX	A	0.03%
UTHR	C	0.03%
DOC	D	0.03%
ENTG	D	0.03%
VRSN	F	0.03%
RGA	A	0.03%
CASY	A	0.03%
GWRE	A	0.03%
TXT	D	0.03%
L	A	0.03%
PSTG	D	0.03%
VTRS	A	0.03%
DPZ	C	0.03%
CF	B	0.03%
TW	A	0.03%
ALGN	D	0.03%
SSNC	B	0.03%
ULTA	F	0.03%
SUI	D	0.03%
AVY	D	0.03%
GEN	B	0.03%
LNT	A	0.03%
HEI	B	0.03%
TER	D	0.03%
MRO	B	0.03%
DOCU	A	0.03%
TOST	B	0.03%
ARE	D	0.03%
MAS	D	0.03%
J	F	0.03%
GPC	D	0.03%
WSM	B	0.03%
MOH	F	0.03%
BBY	D	0.03%
KIM	A	0.03%
MANH	D	0.03%
BAX	D	0.03%
NI	A	0.03%
OC	A	0.03%
DG	F	0.03%
XPO	B	0.03%
EXPD	D	0.03%
NTNX	A	0.03%
RS	B	0.03%
TRMB	B	0.03%
FIX	A	0.03%
RPM	A	0.03%
IEX	B	0.03%
LVS	C	0.03%
PNR	A	0.03%
HOOD	B	0.03%
BURL	A	0.03%
TSN	B	0.03%
YUMC	C	0.03%
PINS	D	0.03%
DGX	A	0.03%
BALL	D	0.03%
KEY	B	0.03%
WRB	A	0.03%
SNA	A	0.03%
HOLX	D	0.03%
PODD	C	0.03%
FDS	B	0.03%
MAA	B	0.03%
MKC	D	0.03%
TRU	D	0.03%
FSLR	F	0.03%
ZS	C	0.03%
NTRA	B	0.03%
DRI	B	0.03%
OMC	C	0.03%
CTRA	B	0.03%
SKX	D	0.02%
RL	B	0.02%
MOS	F	0.02%
CFR	B	0.02%
EGP	F	0.02%
RRC	B	0.02%
CPB	D	0.02%
GPK	C	0.02%
FRT	B	0.02%
TTC	D	0.02%
PR	B	0.02%
AOS	F	0.02%
PLNT	A	0.02%
SNX	C	0.02%
PCTY	B	0.02%
WYNN	D	0.02%
RBC	A	0.02%
CNH	C	0.02%
CBSH	A	0.02%
CR	A	0.02%
HQY	B	0.02%
EXEL	B	0.02%
MGM	D	0.02%
AXTA	A	0.02%
ZION	B	0.02%
HRL	D	0.02%
GLOB	B	0.02%
RVMD	C	0.02%
HSIC	B	0.02%
WMS	D	0.02%
OGE	B	0.02%
MORN	B	0.02%
PEN	B	0.02%
BILL	A	0.02%
X	C	0.02%
TPX	B	0.02%
ORI	A	0.02%
KNX	B	0.02%
AR	B	0.02%
QGEN	D	0.02%
FLR	B	0.02%
CMA	A	0.02%
CRS	A	0.02%
BRX	A	0.02%
MTZ	B	0.02%
FN	D	0.02%
FBIN	D	0.02%
TFX	F	0.02%
DCI	B	0.02%
ROKU	D	0.02%
WCC	B	0.02%
SOLV	C	0.02%
TKO	B	0.02%
PNFP	B	0.02%
REXR	F	0.02%
DOX	D	0.02%
LKQ	D	0.02%
AAL	B	0.02%
GMED	A	0.02%
CRL	C	0.02%
SRPT	D	0.02%
ARMK	B	0.02%
CHDN	B	0.02%
CIEN	B	0.02%
WAL	B	0.02%
AYI	B	0.02%
ALLY	C	0.02%
EXAS	D	0.02%
LAD	A	0.02%
AES	F	0.02%
GL	B	0.02%
RGLD	C	0.02%
RPRX	D	0.02%
LBRDK	C	0.02%
CACI	D	0.02%
OHI	C	0.02%
AFG	A	0.02%
MKTX	D	0.02%
WING	D	0.02%
PRI	A	0.02%
RDDT	B	0.02%
FOXA	B	0.02%
PCVX	D	0.02%
WBS	A	0.02%
MLI	C	0.02%
AIT	A	0.02%
TAP	C	0.02%
WWD	B	0.02%
IOT	A	0.02%
PNW	B	0.02%
TECH	D	0.02%
BLD	D	0.02%
ERIE	D	0.02%
IPG	D	0.02%
FND	C	0.02%
FHN	A	0.02%
GME	C	0.02%
CTLT	B	0.02%
WTRG	B	0.02%
EVR	B	0.02%
CCK	C	0.02%
GNRC	B	0.02%
LW	C	0.02%
TTEK	F	0.02%
OVV	B	0.02%
SNAP	C	0.02%
CUBE	D	0.02%
NWSA	B	0.02%
NCLH	B	0.02%
PAYC	B	0.02%
LAMR	D	0.02%
UHS	D	0.02%
CG	A	0.02%
DAY	B	0.02%
JNPR	F	0.02%
SF	B	0.02%
BJ	A	0.02%
HEI	B	0.02%
DKS	C	0.02%
INCY	C	0.02%
AIZ	A	0.02%
LECO	B	0.02%
RRX	B	0.02%
BXP	D	0.02%
KMX	B	0.02%
BMRN	D	0.02%
AA	B	0.02%
Z	A	0.02%
SJM	D	0.02%
NBIX	C	0.02%
DUOL	A	0.02%
SCI	B	0.02%
EMN	D	0.02%
HST	C	0.02%
OKTA	C	0.02%
JEF	A	0.02%
BWXT	B	0.02%
REG	B	0.02%
EG	C	0.02%
ALLE	D	0.02%
JLL	D	0.02%
ITT	A	0.02%
WPC	D	0.02%
MRNA	F	0.02%
EPAM	C	0.02%
CLH	B	0.02%
NVT	B	0.02%
ALB	C	0.02%
JKHY	D	0.02%
BG	F	0.02%
CHRW	C	0.02%
ELS	C	0.02%
CAG	D	0.02%
TPR	B	0.02%
TXRH	C	0.02%
CPT	B	0.02%
OWL	A	0.02%
AVTR	F	0.02%
DLTR	F	0.02%
AKAM	D	0.02%
COHR	B	0.02%
GLPI	C	0.02%
SWK	D	0.02%
UNM	A	0.02%
THC	D	0.02%
SWKS	F	0.02%
RNR	C	0.02%
SOFI	A	0.02%
ADTN	A	0.01%
AMKR	D	0.01%
TNET	D	0.01%
CACC	D	0.01%
SATS	D	0.01%
COLM	B	0.01%
PAG	B	0.01%
NSA	D	0.01%
CRVL	A	0.01%
HUN	F	0.01%
NUVL	D	0.01%
NWS	B	0.01%
GFS	C	0.01%
DNB	B	0.01%
ZG	A	0.01%
ACHC	F	0.01%
IAC	D	0.01%
DDS	B	0.01%
PII	D	0.01%
MDU	D	0.01%
MSM	C	0.01%
ASGN	F	0.01%
RYN	D	0.01%
OPCH	D	0.01%
M	D	0.01%
W	F	0.01%
ASH	D	0.01%
ZETA	D	0.01%
ENLC	A	0.01%
HOG	D	0.01%
XRAY	F	0.01%
SIG	B	0.01%
STEP	B	0.01%
ROIV	C	0.01%
CELH	F	0.01%
NSIT	F	0.01%
WLK	D	0.01%
CHH	A	0.01%
WMG	C	0.01%
CIVI	D	0.01%
DLB	B	0.01%
EEFT	B	0.01%
APPF	B	0.01%
AN	C	0.01%
SLGN	A	0.01%
PSN	D	0.01%
BRKR	D	0.01%
CHWY	B	0.01%
SWX	B	0.01%
MGY	A	0.01%
BYD	C	0.01%
TENB	C	0.01%
FIVE	F	0.01%
CNM	D	0.01%
MUR	D	0.01%
ST	F	0.01%
IONS	F	0.01%
EXPO	D	0.01%
RH	B	0.01%
VKTX	F	0.01%
TKR	D	0.01%
SON	D	0.01%
MMS	F	0.01%
SN	D	0.01%
OLN	D	0.01%
HXL	D	0.01%
IBP	D	0.01%
PATH	C	0.01%
NXST	C	0.01%
FFIN	B	0.01%
AL	B	0.01%
SEE	C	0.01%
ABG	B	0.01%
HCP	B	0.01%
SM	B	0.01%
VVV	F	0.01%
INSP	D	0.01%
UGI	A	0.01%
QLYS	C	0.01%
OZK	B	0.01%
GATX	A	0.01%
POST	C	0.01%
BC	C	0.01%
CYTK	F	0.01%
LEA	D	0.01%
AMG	B	0.01%
LNTH	D	0.01%
CLF	F	0.01%
CRUS	D	0.01%
BROS	B	0.01%
UBSI	B	0.01%
SIRI	C	0.01%
NFG	A	0.01%
THO	B	0.01%
EDR	A	0.01%
PVH	C	0.01%
TPG	A	0.01%
FOX	A	0.01%
HALO	F	0.01%
ETSY	D	0.01%
IVZ	B	0.01%
RMBS	C	0.01%
WTS	B	0.01%
VNT	B	0.01%
JHG	A	0.01%
FOUR	B	0.01%
PCOR	B	0.01%
SUM	B	0.01%
AGCO	D	0.01%
LNC	B	0.01%
AUR	C	0.01%
THG	A	0.01%
ALTR	B	0.01%
ESNT	D	0.01%
CROX	D	0.01%
SAIC	F	0.01%
CHX	C	0.01%
U	C	0.01%
STWD	C	0.01%
WFRD	D	0.01%
SIGI	C	0.01%
BPMC	C	0.01%
LFUS	F	0.01%
NOVT	D	0.01%
LYFT	C	0.01%
WHR	B	0.01%
WBA	F	0.01%
PARA	C	0.01%
UHAL	D	0.01%
SITE	D	0.01%
ESI	A	0.01%
ARW	D	0.01%
GBCI	B	0.01%
BBWI	D	0.01%
MSA	D	0.01%
QRVO	F	0.01%
MAT	D	0.01%
DBX	B	0.01%
COLD	D	0.01%
NOV	C	0.01%
COKE	C	0.01%
CFLT	B	0.01%
BFAM	D	0.01%
MTN	C	0.01%
DOCS	C	0.01%
VNO	B	0.01%
DINO	D	0.01%
MTH	D	0.01%
OMF	A	0.01%
BIO	D	0.01%
LSTR	D	0.01%
SPSC	C	0.01%
MTDR	B	0.01%
FYBR	D	0.01%
ONB	B	0.01%
STAG	F	0.01%
ELAN	D	0.01%
WSC	D	0.01%
H	B	0.01%
RHP	B	0.01%
FAF	A	0.01%
ELF	C	0.01%
DAR	C	0.01%
MOD	A	0.01%
AXS	A	0.01%
RGEN	D	0.01%
LSCC	D	0.01%
AZEK	A	0.01%
LNW	D	0.01%
ALV	C	0.01%
AGNC	D	0.01%
BPOP	B	0.01%
HLNE	B	0.01%
BEN	C	0.01%
FCN	D	0.01%
EXLS	B	0.01%
ALK	C	0.01%
CGNX	C	0.01%
GNTX	C	0.01%
VMI	B	0.01%
RYAN	B	0.01%
MTSI	B	0.01%
ANF	C	0.01%
RIVN	F	0.01%
GXO	B	0.01%
MKSI	C	0.01%
ESAB	B	0.01%
CMC	B	0.01%
TMHC	B	0.01%
FMC	D	0.01%
FR	C	0.01%
RLI	B	0.01%
OSK	B	0.01%
GTLS	B	0.01%
WEX	D	0.01%
S	B	0.01%
MHK	D	0.01%
ATI	D	0.01%
APG	B	0.01%
JAZZ	B	0.01%
DVA	B	0.01%
VFC	C	0.01%
MTCH	D	0.01%
RHI	B	0.01%
CRBG	B	0.01%
OLED	D	0.01%
LPX	B	0.01%
WH	B	0.01%
G	B	0.01%
MIDD	C	0.01%
ESTC	C	0.01%
MASI	A	0.01%
TREX	C	0.01%
GTLB	B	0.01%
SMAR	A	0.01%
BSY	D	0.01%
PB	A	0.01%
KEX	C	0.01%
ITCI	C	0.01%
HII	D	0.01%
UFPI	B	0.01%
GKOS	B	0.01%
BWA	D	0.01%
KBR	F	0.01%
SSD	D	0.01%
BERY	B	0.01%
ADC	B	0.01%
HRB	D	0.01%
CZR	F	0.01%
VOYA	B	0.01%
CE	F	0.01%
APA	D	0.01%
SNV	B	0.01%
CHE	D	0.01%
ENSG	D	0.01%
CHRD	D	0.01%
ONTO	D	0.01%
FLS	B	0.01%
SSB	B	0.01%
ENPH	F	0.01%
NNN	D	0.01%
HAS	D	0.01%
SEIC	B	0.01%
NYT	C	0.01%
WTFC	A	0.01%
ACI	C	0.01%
AAON	B	0.01%
UWMC	D	0.0%
UHAL	D	0.0%
BLCO	D	0.0%
CWEN	C	0.0%
LEN	D	0.0%
BIRK	D	0.0%
DJT	C	0.0%
INFA	D	0.0%
LBRDA	C	0.0%
IMVT	F	0.0%
LEVI	F	0.0%
RKT	F	0.0%
CLVT	F	0.0%
LCID	F	0.0%
IGT	F	0.0%
SMMT	D	0.0%
RCM	F	0.0%
KNTK	B	0.0%
CWEN	C	0.0%
CPRI	F	0.0%
BBIO	F	0.0%
COTY	F	0.0%
AGR	B	0.0%
BOKF	B	0.0%

GUSA Underweight 28 Positions Relative to FTHI

Symbol	Grade	Weight
BXMT	C	-1.55%
SLG	B	-1.44%
CRNX	C	-0.99%
CCEP	C	-0.98%
UL	D	-0.94%
LADR	B	-0.87%
CALM	A	-0.76%
PTVE	B	-0.64%
NVS	D	-0.49%
SLM	A	-0.48%
IDCC	A	-0.45%
UMBF	B	-0.43%
SLVM	B	-0.35%
MGEE	C	-0.32%
BKU	A	-0.3%
LOPE	B	-0.3%
SBRA	C	-0.3%
MATX	C	-0.3%
DHT	F	-0.27%
IIPR	D	-0.27%
NVO	D	-0.25%
SBLK	F	-0.24%
CVBF	A	-0.2%
OTTR	C	-0.2%
NEU	C	-0.17%
KAR	B	-0.15%
SFNC	B	-0.14%
NHI	D	-0.12%