GUSA vs. ILCG ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to iShares Morningstar Growth ETF (ILCG)

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

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average “growth” characteristics as determined by Morningstar, Inc. (Morningstar” or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.27

Average Daily Volume

68,984

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	ILCG
30 Days	3.03%	4.86%
60 Days	5.42%	6.65%
90 Days	7.24%	8.35%
12 Months	33.55%	37.30%

385 Overlapping Holdings

	Symbol	Grade	Weight in GUSA	Weight in ILCG	Overlap
	A	D	0.07%	0.14%	0.07%
	AAPL	C	6.17%	6.31%	6.17%
	ABNB	C	0.1%	0.22%	0.1%
	ACGL	D	0.06%	0.04%	0.04%
	ACM	A	0.03%	0.04%	0.03%
	ACN	C	0.4%	0.12%	0.12%
	ADBE	C	0.4%	0.85%	0.4%
	ADI	D	0.19%	0.07%	0.07%
	ADP	B	0.22%	0.17%	0.17%
	ADSK	A	0.12%	0.25%	0.12%
	AFG	A	0.02%	0.02%	0.02%
	AJG	B	0.11%	0.08%	0.08%
	AKAM	D	0.02%	0.02%	0.02%
	ALB	C	0.02%	0.03%	0.02%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	A	0.09%	0.08%	0.08%
	ALLE	D	0.02%	0.03%	0.02%
	ALNY	D	0.05%	0.11%	0.05%
	AMAT	F	0.25%	0.21%	0.21%
	AMD	F	0.41%	0.87%	0.41%
	AME	A	0.08%	0.17%	0.08%
	AMH	D	0.02%	0.05%	0.02%
	AMP	A	0.1%	0.14%	0.1%
	AMZN	C	3.5%	7.48%	3.5%
	ANET	C	0.17%	0.37%	0.17%
	ANSS	B	0.05%	0.11%	0.05%
	AON	A	0.14%	0.08%	0.08%
	AOS	F	0.02%	0.02%	0.02%
	APH	A	0.15%	0.18%	0.15%
	APO	B	0.13%	0.07%	0.07%
	APP	B	0.13%	0.26%	0.13%
	APTV	D	0.03%	0.02%	0.02%
	ARE	D	0.03%	0.02%	0.02%
	ARES	A	0.06%	0.12%	0.06%
	AVB	B	0.06%	0.06%	0.06%
	AVGO	D	1.38%	1.63%	1.38%
	AVTR	F	0.02%	0.03%	0.02%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	A	0.08%	0.17%	0.08%
	AXP	A	0.29%	0.21%	0.21%
	AZO	C	0.1%	0.2%	0.1%
	BAH	F	0.03%	0.05%	0.03%
	BALL	D	0.03%	0.04%	0.03%
	BJ	A	0.02%	0.02%	0.02%
	BKNG	A	0.3%	0.22%	0.22%
	BKR	B	0.08%	0.08%	0.08%
	BLD	D	0.02%	0.03%	0.02%
	BLDR	D	0.04%	0.04%	0.04%
	BMRN	D	0.02%	0.04%	0.02%
	BR	A	0.05%	0.1%	0.05%
	BRKR	D	0.01%	0.02%	0.01%
	BRO	B	0.05%	0.1%	0.05%
	BSX	B	0.24%	0.24%	0.24%
	BSY	D	0.01%	0.02%	0.01%
	BURL	A	0.03%	0.07%	0.03%
	BX	A	0.24%	0.24%	0.24%
	CARR	D	0.11%	0.14%	0.11%
	CASY	A	0.03%	0.04%	0.03%
	CAT	B	0.34%	0.17%	0.17%
	CBRE	B	0.07%	0.1%	0.07%
	CCK	C	0.02%	0.02%	0.02%
	CDNS	B	0.15%	0.31%	0.15%
	CDW	F	0.04%	0.09%	0.04%
	CE	F	0.01%	0.02%	0.01%
	CELH	F	0.01%	0.02%	0.01%
	CHD	B	0.05%	0.11%	0.05%
	CHDN	B	0.02%	0.04%	0.02%
	CINF	A	0.04%	0.03%	0.03%
	CL	D	0.14%	0.09%	0.09%
	CLH	B	0.02%	0.05%	0.02%
	CLX	B	0.04%	0.05%	0.04%
	CMG	B	0.15%	0.31%	0.15%
	CMI	A	0.09%	0.13%	0.09%
	CMS	C	0.04%	0.03%	0.03%
	CNM	D	0.01%	0.03%	0.01%
	COIN	C	0.12%	0.25%	0.12%
	COR	B	0.08%	0.09%	0.08%
	COST	B	0.75%	0.74%	0.74%
	COTY	F	0.0%	0.01%	0.0%
	CPAY	A	0.05%	0.07%	0.05%
	CPNG	D	0.05%	0.07%	0.05%
	CPRT	A	0.09%	0.19%	0.09%
	CPT	B	0.02%	0.02%	0.02%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.55%	1.16%	0.55%
	CRWD	B	0.15%	0.31%	0.15%
	CSGP	D	0.05%	0.11%	0.05%
	CSL	C	0.04%	0.08%	0.04%
	CTAS	B	0.14%	0.29%	0.14%
	CTRA	B	0.03%	0.03%	0.03%
	CTVA	C	0.07%	0.07%	0.07%
	D	C	0.09%	0.08%	0.08%
	DAL	C	0.08%	0.07%	0.07%
	DASH	A	0.1%	0.21%	0.1%
	DAY	B	0.02%	0.04%	0.02%
	DD	D	0.06%	0.06%	0.06%
	DDOG	A	0.07%	0.15%	0.07%
	DECK	A	0.05%	0.11%	0.05%
	DELL	C	0.07%	0.06%	0.06%
	DFS	B	0.08%	0.09%	0.08%
	DIS	B	0.37%	0.23%	0.23%
	DKNG	B	0.04%	0.04%	0.04%
	DKS	C	0.02%	0.02%	0.02%
	DLR	B	0.11%	0.17%	0.11%
	DLTR	F	0.02%	0.02%	0.02%
	DOCU	A	0.03%	0.06%	0.03%
	DOV	A	0.05%	0.07%	0.05%
	DOW	F	0.06%	0.05%	0.05%
	DPZ	C	0.03%	0.06%	0.03%
	DRI	B	0.03%	0.04%	0.03%
	DT	C	0.03%	0.05%	0.03%
	DVA	B	0.01%	0.01%	0.01%
	DXCM	D	0.05%	0.11%	0.05%
	EA	A	0.07%	0.11%	0.07%
	EBAY	D	0.05%	0.04%	0.04%
	ECL	D	0.11%	0.13%	0.11%
	EFX	F	0.05%	0.12%	0.05%
	EL	F	0.03%	0.06%	0.03%
	ELS	C	0.02%	0.03%	0.02%
	EME	C	0.04%	0.09%	0.04%
	ENPH	F	0.01%	0.03%	0.01%
	ENTG	D	0.03%	0.04%	0.03%
	EPAM	C	0.02%	0.03%	0.02%
	EQIX	A	0.16%	0.34%	0.16%
	EQR	B	0.05%	0.04%	0.04%
	EQT	B	0.05%	0.06%	0.05%
	ERIE	D	0.02%	0.04%	0.02%
	ESS	B	0.04%	0.04%	0.04%
	ETN	A	0.26%	0.32%	0.26%
	EW	C	0.08%	0.16%	0.08%
	EXAS	D	0.02%	0.04%	0.02%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.06%	0.05%	0.05%
	FAST	B	0.09%	0.18%	0.09%
	FCNCA	A	0.05%	0.11%	0.05%
	FDS	B	0.03%	0.07%	0.03%
	FFIV	B	0.03%	0.02%	0.02%
	FI	A	0.22%	0.1%	0.1%
	FICO	B	0.1%	0.22%	0.1%
	FIX	A	0.03%	0.07%	0.03%
	FLEX	A	0.03%	0.02%	0.02%
	FND	C	0.02%	0.04%	0.02%
	FSLR	F	0.03%	0.07%	0.03%
	FTNT	C	0.1%	0.23%	0.1%
	FTV	C	0.05%	0.07%	0.05%
	GDDY	A	0.05%	0.1%	0.05%
	GE	D	0.35%	0.4%	0.35%
	GEHC	F	0.06%	0.06%	0.06%
	GEN	B	0.03%	0.03%	0.03%
	GEV	B	0.17%	0.19%	0.17%
	GGG	B	0.03%	0.06%	0.03%
	GOOG	C	1.71%	1.86%	1.71%
	GOOGL	C	1.9%	2.07%	1.9%
	GPC	D	0.03%	0.03%	0.03%
	GPN	B	0.05%	0.04%	0.04%
	GRMN	B	0.06%	0.08%	0.06%
	GWW	B	0.09%	0.2%	0.09%
	HAL	C	0.05%	0.06%	0.05%
	HEI	B	0.02%	0.06%	0.02%
	HEI	B	0.03%	0.06%	0.03%
	HEI	B	0.03%	0.04%	0.03%
	HEI	B	0.02%	0.04%	0.02%
	HES	B	0.07%	0.16%	0.07%
	HII	D	0.01%	0.02%	0.01%
	HLT	A	0.11%	0.24%	0.11%
	HOOD	B	0.03%	0.07%	0.03%
	HRL	D	0.02%	0.01%	0.01%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.04%	0.09%	0.04%
	HUBS	A	0.06%	0.13%	0.06%
	HWM	A	0.09%	0.18%	0.09%
	IBKR	A	0.04%	0.08%	0.04%
	ICE	C	0.16%	0.06%	0.06%
	IDXX	F	0.06%	0.13%	0.06%
	IEX	B	0.03%	0.07%	0.03%
	ILMN	D	0.04%	0.08%	0.04%
	INCY	C	0.02%	0.02%	0.02%
	INTU	C	0.32%	0.7%	0.32%
	INVH	D	0.04%	0.08%	0.04%
	IQV	D	0.06%	0.09%	0.06%
	IR	B	0.08%	0.16%	0.08%
	IRM	D	0.06%	0.07%	0.06%
	ISRG	A	0.35%	0.73%	0.35%
	IT	C	0.07%	0.15%	0.07%
	J	F	0.03%	0.04%	0.03%
	JBHT	C	0.03%	0.04%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.1%	0.13%	0.1%
	JKHY	D	0.02%	0.05%	0.02%
	KDP	D	0.06%	0.05%	0.05%
	KEYS	A	0.05%	0.05%	0.05%
	KIM	A	0.03%	0.05%	0.03%
	KKR	A	0.19%	0.11%	0.11%
	KLAC	D	0.15%	0.12%	0.12%
	KMB	D	0.08%	0.06%	0.06%
	KMX	B	0.02%	0.02%	0.02%
	LDOS	C	0.04%	0.03%	0.03%
	LECO	B	0.02%	0.04%	0.02%
	LII	A	0.04%	0.08%	0.04%
	LIN	D	0.39%	0.15%	0.15%
	LLY	F	1.13%	2.38%	1.13%
	LNG	B	0.09%	0.06%	0.06%
	LPLA	A	0.04%	0.09%	0.04%
	LRCX	F	0.17%	0.14%	0.14%
	LULU	C	0.06%	0.13%	0.06%
	LUV	C	0.04%	0.03%	0.03%
	LVS	C	0.03%	0.08%	0.03%
	LW	C	0.02%	0.04%	0.02%
	LYV	A	0.04%	0.08%	0.04%
	MA	C	0.78%	1.64%	0.78%
	MAA	B	0.03%	0.03%	0.03%
	MANH	D	0.03%	0.06%	0.03%
	MAR	B	0.12%	0.04%	0.04%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.38%	0.17%	0.17%
	MCHP	D	0.06%	0.06%	0.06%
	MCK	B	0.15%	0.09%	0.09%
	MCO	B	0.13%	0.16%	0.13%
	MDB	C	0.04%	0.08%	0.04%
	MEDP	D	0.01%	0.03%	0.01%
	MELI	D	0.16%	0.36%	0.16%
	META	D	2.23%	2.69%	2.23%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.03%	0.04%	0.03%
	MKL	A	0.04%	0.05%	0.04%
	MLM	B	0.07%	0.14%	0.07%
	MMC	B	0.2%	0.11%	0.11%
	MNST	C	0.07%	0.15%	0.07%
	MOH	F	0.03%	0.04%	0.03%
	MORN	B	0.02%	0.03%	0.02%
	MPWR	F	0.05%	0.11%	0.05%
	MRK	F	0.45%	0.34%	0.34%
	MRNA	F	0.02%	0.02%	0.02%
	MRVL	B	0.14%	0.3%	0.14%
	MSCI	C	0.08%	0.18%	0.08%
	MSFT	F	5.59%	11.98%	5.59%
	MSI	B	0.15%	0.1%	0.1%
	MSTR	C	0.14%	0.18%	0.14%
	MTD	D	0.04%	0.1%	0.04%
	NBIX	C	0.02%	0.05%	0.02%
	NDAQ	A	0.06%	0.05%	0.05%
	NDSN	B	0.03%	0.05%	0.03%
	NEM	D	0.09%	0.11%	0.09%
	NET	B	0.05%	0.11%	0.05%
	NFLX	A	0.67%	1.44%	0.67%
	NKE	D	0.16%	0.08%	0.08%
	NOW	A	0.38%	0.81%	0.38%
	NRG	B	0.04%	0.03%	0.03%
	NTAP	C	0.05%	0.05%	0.05%
	NTNX	A	0.03%	0.06%	0.03%
	NTRA	B	0.03%	0.08%	0.03%
	NVDA	C	6.32%	13.45%	6.32%
	NVT	B	0.02%	0.05%	0.02%
	O	D	0.09%	0.06%	0.06%
	ODFL	B	0.07%	0.15%	0.07%
	OKTA	C	0.02%	0.05%	0.02%
	ON	D	0.05%	0.04%	0.04%
	ORCL	B	0.56%	0.33%	0.33%
	ORLY	B	0.13%	0.07%	0.07%
	OTIS	C	0.07%	0.09%	0.07%
	PANW	C	0.23%	0.48%	0.23%
	PAYC	B	0.02%	0.04%	0.02%
	PAYX	C	0.08%	0.18%	0.08%
	PCG	A	0.08%	0.07%	0.07%
	PCOR	B	0.01%	0.02%	0.01%
	PFGC	B	0.02%	0.05%	0.02%
	PGR	A	0.27%	0.31%	0.27%
	PH	A	0.16%	0.15%	0.15%
	PHM	D	0.05%	0.04%	0.04%
	PINS	D	0.03%	0.04%	0.03%
	PLD	D	0.19%	0.11%	0.11%
	PLTR	B	0.23%	0.48%	0.23%
	PNR	A	0.03%	0.05%	0.03%
	PODD	C	0.03%	0.07%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.05%	0.04%	0.04%
	PSA	D	0.1%	0.1%	0.1%
	PSTG	D	0.03%	0.06%	0.03%
	PTC	A	0.04%	0.09%	0.04%
	PWR	A	0.09%	0.19%	0.09%
	QRVO	F	0.01%	0.01%	0.01%
	RBLX	C	0.05%	0.11%	0.05%
	RCL	A	0.1%	0.15%	0.1%
	REG	B	0.02%	0.02%	0.02%
	RJF	A	0.06%	0.07%	0.06%
	RMD	C	0.06%	0.14%	0.06%
	ROK	B	0.06%	0.12%	0.06%
	ROL	B	0.03%	0.06%	0.03%
	ROP	B	0.11%	0.1%	0.1%
	ROST	C	0.08%	0.18%	0.08%
	RPM	A	0.03%	0.04%	0.03%
	RRX	B	0.02%	0.02%	0.02%
	RSG	A	0.08%	0.05%	0.05%
	RVTY	F	0.03%	0.02%	0.02%
	SAIA	B	0.03%	0.05%	0.03%
	SBAC	D	0.04%	0.09%	0.04%
	SBUX	A	0.2%	0.15%	0.15%
	SCI	B	0.02%	0.03%	0.02%
	SHW	A	0.16%	0.11%	0.11%
	SLB	C	0.11%	0.04%	0.04%
	SMCI	F	0.03%	0.05%	0.03%
	SNA	A	0.03%	0.02%	0.02%
	SNAP	C	0.02%	0.04%	0.02%
	SNOW	C	0.08%	0.16%	0.08%
	SNPS	B	0.15%	0.32%	0.15%
	SPGI	C	0.29%	0.26%	0.26%
	SQ	B	0.09%	0.2%	0.09%
	SRPT	D	0.02%	0.04%	0.02%
	STE	F	0.04%	0.08%	0.04%
	STZ	D	0.07%	0.08%	0.07%
	SUI	D	0.03%	0.06%	0.03%
	SWK	D	0.02%	0.02%	0.02%
	SYK	C	0.23%	0.21%	0.21%
	SYY	B	0.07%	0.14%	0.07%
	TDG	D	0.13%	0.27%	0.13%
	TDY	B	0.04%	0.05%	0.04%
	TEAM	A	0.07%	0.15%	0.07%
	TECH	D	0.02%	0.04%	0.02%
	TER	D	0.03%	0.03%	0.03%
	TFX	F	0.02%	0.01%	0.01%
	TJX	A	0.25%	0.14%	0.14%
	TMO	F	0.35%	0.11%	0.11%
	TMUS	B	0.21%	0.09%	0.09%
	TOL	B	0.03%	0.02%	0.02%
	TPL	A	0.06%	0.11%	0.06%
	TRGP	B	0.08%	0.07%	0.07%
	TRMB	B	0.03%	0.04%	0.03%
	TRU	D	0.03%	0.07%	0.03%
	TRV	B	0.11%	0.1%	0.1%
	TSCO	D	0.05%	0.08%	0.05%
	TSLA	B	1.76%	3.71%	1.76%
	TSN	B	0.03%	0.03%	0.03%
	TT	A	0.17%	0.19%	0.17%
	TTD	B	0.1%	0.21%	0.1%
	TTEK	F	0.02%	0.04%	0.02%
	TTWO	A	0.06%	0.12%	0.06%
	TW	A	0.03%	0.06%	0.03%
	TWLO	A	0.03%	0.06%	0.03%
	TXT	D	0.03%	0.03%	0.03%
	TYL	B	0.05%	0.1%	0.05%
	U	C	0.01%	0.02%	0.01%
	UBER	D	0.26%	0.54%	0.26%
	UDR	B	0.03%	0.03%	0.03%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.0%	0.0%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	0.97%	0.28%	0.28%
	URI	B	0.1%	0.1%	0.1%
	USFD	A	0.03%	0.03%	0.03%
	V	A	0.95%	2.01%	0.95%
	VEEV	C	0.06%	0.12%	0.06%
	VLTO	D	0.04%	0.06%	0.04%
	VMC	B	0.07%	0.14%	0.07%
	VRSK	A	0.07%	0.16%	0.07%
	VRSN	F	0.03%	0.06%	0.03%
	VRT	B	0.09%	0.2%	0.09%
	VRTX	F	0.21%	0.2%	0.2%
	VST	B	0.1%	0.12%	0.1%
	VTR	C	0.05%	0.03%	0.03%
	WAB	B	0.06%	0.13%	0.06%
	WAT	B	0.04%	0.05%	0.04%
	WDAY	B	0.1%	0.21%	0.1%
	WELL	A	0.15%	0.12%	0.12%
	WING	D	0.02%	0.04%	0.02%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.16%	0.09%	0.09%
	WMS	D	0.02%	0.04%	0.02%
	WRB	A	0.03%	0.04%	0.03%
	WSM	B	0.03%	0.04%	0.03%
	WSO	A	0.03%	0.07%	0.03%
	WST	C	0.04%	0.09%	0.04%
	WTRG	B	0.02%	0.01%	0.01%
	WTW	B	0.06%	0.06%	0.06%
	WYNN	D	0.02%	0.03%	0.02%
	XPO	B	0.03%	0.04%	0.03%
	XYL	D	0.05%	0.11%	0.05%
	YUM	B	0.07%	0.14%	0.07%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	B	0.04%	0.06%	0.04%
	ZS	C	0.03%	0.07%	0.03%
	ZTS	D	0.15%	0.14%	0.14%

GUSA Overweight 594 Positions Relative to ILCG

	Symbol	Grade	Weight
	JPM	A	1.26%
	BRK.A	B	1.13%
	XOM	B	0.96%
	HD	A	0.74%
	PG	A	0.73%
	WMT	A	0.69%
	JNJ	D	0.67%
	BAC	A	0.57%
	ABBV	D	0.54%
	CVX	A	0.5%
	WFC	A	0.46%
	KO	D	0.44%
	CSCO	B	0.42%
	PEP	F	0.39%
	PM	B	0.37%
	ABT	B	0.37%
	IBM	C	0.35%
	GS	A	0.33%
	TXN	C	0.33%
	QCOM	F	0.33%
	VZ	C	0.32%
	CMCSA	B	0.3%
	T	A	0.3%
	MS	A	0.3%
	RTX	C	0.29%
	NEE	D	0.29%
	BLK	C	0.28%
	LOW	D	0.27%
	HON	B	0.27%
	DHR	F	0.27%
	AMGN	D	0.27%
	UNP	C	0.26%
	PFE	D	0.26%
	COP	C	0.24%
	C	A	0.23%
	LMT	D	0.23%
	BMY	B	0.22%
	SCHW	B	0.22%
	CB	C	0.21%
	MU	D	0.2%
	MDT	D	0.2%
	GILD	C	0.2%
	INTC	D	0.19%
	SO	D	0.18%
	UPS	C	0.18%
	DE	A	0.18%
	ELV	F	0.17%
	AMT	D	0.17%
	MO	A	0.17%
	MDLZ	F	0.16%
	BA	F	0.16%
	PYPL	B	0.16%
	DUK	C	0.16%
	CI	F	0.16%
	PNC	B	0.15%
	CME	A	0.15%
	EMR	A	0.14%
	USB	A	0.14%
	EOG	A	0.14%
	REGN	F	0.14%
	ITW	B	0.14%
	CVS	D	0.13%
	MMM	D	0.13%
	WMB	A	0.13%
	NOC	D	0.13%
	TGT	F	0.13%
	APD	A	0.13%
	CEG	D	0.13%
	FCX	D	0.12%
	GD	F	0.12%
	BDX	F	0.12%
	FDX	B	0.12%
	OKE	A	0.12%
	SPOT	B	0.12%
	CSX	B	0.12%
	COF	B	0.12%
	SPG	B	0.11%
	NSC	B	0.11%
	SRE	A	0.11%
	GM	B	0.11%
	TFC	A	0.11%
	HCA	F	0.11%
	MPC	D	0.1%
	PSX	C	0.1%
	KMI	A	0.1%
	AFL	B	0.1%
	BK	A	0.1%
	PCAR	B	0.1%
	DHI	D	0.09%
	FLUT	A	0.09%
	FIS	C	0.09%
	AIG	B	0.09%
	MET	A	0.09%
	AEP	D	0.09%
	F	C	0.08%
	PRU	A	0.08%
	PEG	A	0.08%
	KVUE	A	0.08%
	CCI	D	0.08%
	VLO	C	0.08%
	LHX	C	0.08%
	CHTR	C	0.07%
	GLW	B	0.07%
	CTSH	B	0.07%
	XEL	A	0.07%
	KR	B	0.07%
	EXC	C	0.07%
	LEN	D	0.07%
	CNC	D	0.06%
	UAL	A	0.06%
	FITB	A	0.06%
	WEC	A	0.06%
	ETR	B	0.06%
	FANG	D	0.06%
	EIX	B	0.06%
	VICI	C	0.06%
	HUM	C	0.06%
	ED	D	0.06%
	HIG	B	0.06%
	NUE	C	0.06%
	GIS	D	0.06%
	HPQ	B	0.06%
	OXY	D	0.06%
	MTB	A	0.06%
	DTE	C	0.05%
	ADM	D	0.05%
	SYF	B	0.05%
	PPL	B	0.05%
	CCL	B	0.05%
	HBAN	A	0.05%
	TROW	B	0.05%
	NVR	D	0.05%
	SW	A	0.05%
	CVNA	B	0.05%
	HPE	B	0.05%
	STT	A	0.05%
	CAH	B	0.05%
	STX	D	0.04%
	PFG	D	0.04%
	LH	C	0.04%
	IP	B	0.04%
	ZM	B	0.04%
	CNP	B	0.04%
	STLD	B	0.04%
	CFG	B	0.04%
	LYB	F	0.04%
	K	A	0.04%
	CBOE	B	0.04%
	PKG	A	0.04%
	WBD	C	0.04%
	ES	D	0.04%
	NTRS	A	0.04%
	WDC	D	0.04%
	ATO	A	0.04%
	WY	D	0.04%
	BIIB	F	0.04%
	IFF	D	0.04%
	FE	C	0.04%
	DVN	F	0.04%
	KHC	F	0.04%
	RF	A	0.04%
	AEE	A	0.04%
	CW	B	0.03%
	AMCR	D	0.03%
	SFM	A	0.03%
	EWBC	A	0.03%
	AFRM	B	0.03%
	EVRG	A	0.03%
	EQH	B	0.03%
	UTHR	C	0.03%
	DOC	D	0.03%
	RGA	A	0.03%
	GWRE	A	0.03%
	L	A	0.03%
	VTRS	A	0.03%
	CF	B	0.03%
	SSNC	B	0.03%
	LNT	A	0.03%
	FNF	B	0.03%
	MRO	B	0.03%
	TOST	B	0.03%
	BBY	D	0.03%
	BAX	D	0.03%
	NI	A	0.03%
	OC	A	0.03%
	DG	F	0.03%
	EXPD	D	0.03%
	RS	B	0.03%
	YUMC	C	0.03%
	DGX	A	0.03%
	KEY	B	0.03%
	HOLX	D	0.03%
	OMC	C	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%
	PLNT	A	0.02%
	SNX	C	0.02%
	PCTY	B	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%
	AXTA	A	0.02%
	ZION	B	0.02%
	GLOB	B	0.02%
	RVMD	C	0.02%
	HSIC	B	0.02%
	OGE	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%
	SCCO	F	0.02%
	DCI	B	0.02%
	ROKU	D	0.02%
	WCC	B	0.02%
	INGR	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%
	BRBR	A	0.02%
	HLI	B	0.02%
	ARMK	B	0.02%
	CIEN	B	0.02%
	WAL	B	0.02%
	AYI	B	0.02%
	ALLY	C	0.02%
	LAD	A	0.02%
	AES	F	0.02%
	GL	B	0.02%
	RGLD	C	0.02%
	EHC	B	0.02%
	RPRX	D	0.02%
	LBRDK	C	0.02%
	CACI	D	0.02%
	OHI	C	0.02%
	EXP	A	0.02%
	MKTX	D	0.02%
	MUSA	A	0.02%
	PRI	A	0.02%
	RDDT	B	0.02%
	FOXA	B	0.02%
	ALSN	B	0.02%
	DTM	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%
	IPG	D	0.02%
	KNSL	B	0.02%
	FHN	A	0.02%
	GME	C	0.02%
	CTLT	B	0.02%
	EVR	B	0.02%
	GNRC	B	0.02%
	OVV	B	0.02%
	ATR	B	0.02%
	CUBE	D	0.02%
	NWSA	B	0.02%
	NCLH	B	0.02%
	LAMR	D	0.02%
	CG	A	0.02%
	JNPR	F	0.02%
	SF	B	0.02%
	AIZ	A	0.02%
	BXP	D	0.02%
	AA	B	0.02%
	Z	A	0.02%
	SJM	D	0.02%
	INSM	C	0.02%
	DUOL	A	0.02%
	EMN	D	0.02%
	HST	C	0.02%
	JEF	A	0.02%
	BWXT	B	0.02%
	EG	C	0.02%
	JLL	D	0.02%
	ITT	A	0.02%
	WPC	D	0.02%
	FTI	A	0.02%
	BG	F	0.02%
	CHRW	C	0.02%
	CAG	D	0.02%
	TPR	B	0.02%
	TXRH	C	0.02%
	OWL	A	0.02%
	COHR	B	0.02%
	GLPI	C	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%
	HESM	B	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%
	LANC	C	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%
	OGN	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%
	FLO	D	0.01%
	ROIV	C	0.01%
	NSIT	F	0.01%
	CHH	A	0.01%
	WMG	C	0.01%
	CIVI	D	0.01%
	GAP	C	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%
	CHWY	B	0.01%
	SWX	B	0.01%
	KRC	C	0.01%
	MGY	A	0.01%
	BYD	C	0.01%
	TENB	C	0.01%
	FIVE	F	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%
	AM	A	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%
	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%
	STWD	C	0.01%
	WFRD	D	0.01%
	SIGI	C	0.01%
	BPMC	C	0.01%
	LFUS	F	0.01%
	IDA	A	0.01%
	NOVT	D	0.01%
	LYFT	C	0.01%
	WHR	B	0.01%
	WBA	F	0.01%
	PARA	C	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%
	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%
	VFC	C	0.01%
	MTCH	D	0.01%
	RHI	B	0.01%
	CRBG	B	0.01%
	OLED	D	0.01%
	LPX	B	0.01%
	CVLT	B	0.01%
	WH	B	0.01%
	G	B	0.01%
	MIDD	C	0.01%
	ESTC	C	0.01%
	MASI	A	0.01%
	JXN	C	0.01%
	TREX	C	0.01%
	GTLB	B	0.01%
	SMAR	A	0.01%
	PB	A	0.01%
	KEX	C	0.01%
	ITCI	C	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%
	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%
	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%
	BLCO	D	0.0%
	CWEN	C	0.0%
	CNA	B	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%
	REYN	D	0.0%
	LEVI	F	0.0%
	RKT	F	0.0%
	CLVT	F	0.0%
	LCID	F	0.0%
	IGT	F	0.0%
	PPC	C	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%
	AGR	B	0.0%
	STNG	F	0.0%
	BOKF	B	0.0%

GUSA Underweight 6 Positions Relative to ILCG

	Symbol	Grade	Weight
	TEL	B	-0.09%
	FWONK	B	-0.07%
	COO	D	-0.05%
	AZPN	A	-0.03%
	FWONA	B	-0.01%
	ALAB	B	-0.01%

GUSA: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Business Services Asset Management Software - Infrastructure Oil & Gas E&P Utilities - Regulated Electric Diagnostics & Research Specialty Retail Semiconductors Capital Markets Insurance - Property & Casualty Packaged Foods Information Technology Services Aerospace & Defense Building Materials Packaging & Containers Specialty Chemicals

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

ILCG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Specialty Retail REIT - Residential Semiconductors Software - Infrastructure Biotechnology Capital Markets Specialty Chemicals Engineering & Construction Insurance - Property & Casualty Internet Content & Information Restaurants Household & Personal Products Insurance Brokers Medical Devices Medical Instruments & Supplies Semiconductor Equipment & Materials

Keywords: S&P 500 Nasdaq 100 Computing Electronics Aerospace Cloud Computing IBD 50 Insurance Real Estate Investment Trust Semiconductor Chemical Dow Jones Component Mining Mobile Devices Beverage Cloud Infrastructure Natural Gas Software As A Service Medicine Software