GUSA vs. IVW ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to iShares S&P 500 Growth ETF (IVW)

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

$51.92

Average Daily Volume

5,870

Number of Holdings ^*

973

* may have additional holdings in another (foreign) market

IVW

iShares S&P 500 Growth ETF

IVW Description

The investment seeks to track the investment results of an index composed of large-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. It seeks to track the investment results of the S&P 500® Growth Index (the "underlying index"), which measures the performance of the large-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$101.08

Average Daily Volume

2,127,392

Number of Holdings ^*

233

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	IVW
30 Days	3.43%	4.31%
60 Days	7.22%	8.39%
90 Days	10.77%	11.66%
12 Months	38.15%	43.79%

231 Overlapping Holdings

	Symbol	Grade	Weight in GUSA	Weight in IVW	Overlap
	AAPL	D	6.1%	11.87%	6.1%
	ABBV	D	0.68%	0.45%	0.45%
	ABNB	C	0.11%	0.11%	0.11%
	ACGL	D	0.07%	0.13%	0.07%
	ACN	C	0.44%	0.42%	0.42%
	ADBE	C	0.41%	0.76%	0.41%
	ADI	D	0.22%	0.23%	0.22%
	ADP	A	0.23%	0.17%	0.17%
	ADSK	B	0.12%	0.12%	0.12%
	AJG	B	0.11%	0.11%	0.11%
	AKAM	F	0.03%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.29%	0.55%	0.29%
	AMD	F	0.43%	0.83%	0.43%
	AME	A	0.08%	0.07%	0.07%
	AMP	A	0.1%	0.1%	0.1%
	AMT	F	0.19%	0.13%	0.13%
	AMZN	B	3.49%	6.73%	3.49%
	ANET	C	0.18%	0.38%	0.18%
	ANSS	B	0.05%	0.06%	0.05%
	AON	A	0.14%	0.14%	0.14%
	AOS	F	0.02%	0.02%	0.02%
	APA	F	0.02%	0.03%	0.02%
	APH	B	0.15%	0.17%	0.15%
	AVGO	B	1.46%	2.94%	1.46%
	AXON	B	0.06%	0.12%	0.06%
	AXP	B	0.3%	0.39%	0.3%
	AZO	C	0.1%	0.13%	0.1%
	BA	F	0.17%	0.17%	0.17%
	BKNG	A	0.31%	0.57%	0.31%
	BLDR	D	0.04%	0.07%	0.04%
	BR	A	0.05%	0.05%	0.05%
	BRO	A	0.05%	0.07%	0.05%
	BSX	A	0.23%	0.24%	0.23%
	BX	B	0.22%	0.31%	0.22%
	CARR	D	0.11%	0.1%	0.1%
	CAT	B	0.35%	0.39%	0.35%
	CBOE	D	0.04%	0.05%	0.04%
	CCL	A	0.04%	0.06%	0.04%
	CDNS	B	0.15%	0.28%	0.15%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.03%	0.03%	0.03%
	CEG	D	0.15%	0.12%	0.12%
	CF	B	0.03%	0.03%	0.03%
	CHD	B	0.05%	0.04%	0.04%
	CHTR	B	0.07%	0.06%	0.06%
	CL	F	0.15%	0.1%	0.1%
	CME	B	0.15%	0.1%	0.1%
	CMG	B	0.15%	0.27%	0.15%
	COP	C	0.24%	0.31%	0.24%
	COST	B	0.74%	0.58%	0.58%
	CPAY	A	0.04%	0.08%	0.04%
	CPRT	B	0.08%	0.17%	0.08%
	CRM	B	0.53%	1.03%	0.53%
	CRWD	B	0.13%	0.26%	0.13%
	CSGP	D	0.06%	0.05%	0.05%
	CSX	B	0.12%	0.12%	0.12%
	CTAS	A	0.13%	0.14%	0.13%
	CTRA	C	0.03%	0.04%	0.03%
	CZR	D	0.02%	0.02%	0.02%
	DAL	A	0.07%	0.07%	0.07%
	DAY	B	0.02%	0.02%	0.02%
	DE	D	0.19%	0.21%	0.19%
	DECK	B	0.05%	0.09%	0.05%
	DELL	C	0.07%	0.07%	0.07%
	DFS	B	0.07%	0.08%	0.07%
	DHI	D	0.1%	0.17%	0.1%
	DLR	B	0.11%	0.08%	0.08%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.04%	0.04%
	DVA	C	0.01%	0.01%	0.01%
	DXCM	C	0.05%	0.06%	0.05%
	EA	A	0.07%	0.06%	0.06%
	ECL	D	0.12%	0.11%	0.11%
	EFX	D	0.06%	0.04%	0.04%
	ENPH	F	0.02%	0.01%	0.01%
	EOG	B	0.13%	0.16%	0.13%
	EPAM	C	0.02%	0.02%	0.02%
	EQIX	C	0.16%	0.14%	0.14%
	ERIE	F	0.02%	0.02%	0.02%
	ETN	A	0.25%	0.31%	0.25%
	EW	F	0.08%	0.05%	0.05%
	EXPD	F	0.03%	0.02%	0.02%
	EXPE	B	0.04%	0.07%	0.04%
	FANG	D	0.06%	0.12%	0.06%
	FAST	B	0.08%	0.08%	0.08%
	FCX	F	0.12%	0.12%	0.12%
	FDS	A	0.03%	0.03%	0.03%
	FI	A	0.22%	0.21%	0.21%
	FICO	A	0.09%	0.18%	0.09%
	FTNT	A	0.09%	0.18%	0.09%
	FTV	D	0.05%	0.09%	0.05%
	GDDY	A	0.04%	0.09%	0.04%
	GE	C	0.36%	0.29%	0.29%
	GEV	B	0.16%	0.14%	0.14%
	GNRC	B	0.02%	0.02%	0.02%
	GOOG	B	1.72%	3.0%	1.72%
	GOOGL	B	1.91%	3.63%	1.91%
	GRMN	A	0.06%	0.06%	0.06%
	GWW	B	0.08%	0.14%	0.08%
	HCA	D	0.13%	0.11%	0.11%
	HD	B	0.74%	0.5%	0.5%
	HES	C	0.07%	0.14%	0.07%
	HLT	A	0.11%	0.21%	0.11%
	HST	C	0.02%	0.03%	0.02%
	HSY	D	0.05%	0.03%	0.03%
	HUBB	B	0.04%	0.04%	0.04%
	HWM	B	0.08%	0.09%	0.08%
	IDXX	D	0.07%	0.07%	0.07%
	INTU	A	0.32%	0.65%	0.32%
	IQV	F	0.07%	0.05%	0.05%
	IR	A	0.07%	0.11%	0.07%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	A	0.34%	0.42%	0.34%
	IT	A	0.07%	0.14%	0.07%
	ITW	B	0.15%	0.12%	0.12%
	JBL	B	0.03%	0.03%	0.03%
	KKR	B	0.17%	0.35%	0.17%
	KLAC	F	0.17%	0.32%	0.17%
	KO	F	0.48%	0.33%	0.33%
	LEN	D	0.0%	0.08%	0.0%
	LEN	D	0.08%	0.08%	0.08%
	LIN	D	0.42%	0.4%	0.4%
	LLY	D	1.32%	2.16%	1.32%
	LRCX	F	0.19%	0.35%	0.19%
	LULU	C	0.07%	0.12%	0.07%
	LVS	C	0.04%	0.04%	0.04%
	LW	C	0.02%	0.03%	0.02%
	LYV	A	0.03%	0.07%	0.03%
	MA	A	0.8%	1.06%	0.8%
	MAR	A	0.12%	0.22%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.41%	0.32%	0.32%
	MCHP	F	0.07%	0.08%	0.07%
	MCO	C	0.14%	0.12%	0.12%
	MDLZ	F	0.17%	0.13%	0.13%
	META	B	2.37%	4.44%	2.37%
	MGM	F	0.02%	0.02%	0.02%
	MLM	B	0.07%	0.09%	0.07%
	MMC	C	0.21%	0.2%	0.2%
	MNST	B	0.07%	0.08%	0.07%
	MOH	F	0.04%	0.04%	0.04%
	MPC	D	0.1%	0.1%	0.1%
	MPWR	F	0.07%	0.13%	0.07%
	MRK	F	0.49%	0.35%	0.35%
	MRO	B	0.03%	0.03%	0.03%
	MSCI	B	0.09%	0.09%	0.09%
	MSFT	C	5.71%	10.85%	5.71%
	MSI	B	0.14%	0.16%	0.14%
	MTD	F	0.05%	0.04%	0.04%
	NCLH	A	0.02%	0.04%	0.02%
	NFLX	A	0.61%	1.17%	0.61%
	NKE	F	0.18%	0.13%	0.13%
	NOW	A	0.36%	0.72%	0.36%
	NTAP	C	0.05%	0.03%	0.03%
	NUE	C	0.07%	0.08%	0.07%
	NVDA	A	6.07%	12.57%	6.07%
	NVR	D	0.05%	0.1%	0.05%
	ODFL	B	0.07%	0.14%	0.07%
	OKE	A	0.1%	0.13%	0.1%
	ON	D	0.06%	0.05%	0.05%
	ORCL	A	0.5%	1.02%	0.5%
	ORLY	A	0.13%	0.18%	0.13%
	OTIS	D	0.08%	0.05%	0.05%
	PANW	A	0.22%	0.43%	0.22%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.08%	0.06%	0.06%
	PCAR	B	0.1%	0.15%	0.1%
	PEP	F	0.43%	0.28%	0.28%
	PG	D	0.74%	0.51%	0.51%
	PGR	B	0.27%	0.26%	0.26%
	PH	B	0.15%	0.24%	0.15%
	PHM	D	0.05%	0.09%	0.05%
	PLTR	B	0.16%	0.39%	0.16%
	PM	C	0.38%	0.24%	0.24%
	PNR	B	0.03%	0.04%	0.03%
	PODD	B	0.03%	0.02%	0.02%
	POOL	D	0.03%	0.03%	0.03%
	PSA	D	0.1%	0.08%	0.08%
	PTC	B	0.04%	0.05%	0.04%
	PWR	B	0.08%	0.11%	0.08%
	QCOM	F	0.35%	0.34%	0.34%
	RCL	A	0.08%	0.18%	0.08%
	REGN	F	0.17%	0.18%	0.17%
	RL	B	0.01%	0.02%	0.01%
	ROK	B	0.06%	0.05%	0.05%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.11%	0.09%	0.09%
	ROST	F	0.09%	0.16%	0.09%
	RSG	A	0.08%	0.08%	0.08%
	SBAC	D	0.05%	0.03%	0.03%
	SBUX	B	0.21%	0.22%	0.21%
	SHW	B	0.16%	0.15%	0.15%
	SMCI	F	0.02%	0.04%	0.02%
	SNA	A	0.03%	0.03%	0.03%
	SNPS	B	0.15%	0.3%	0.15%
	SPG	B	0.1%	0.07%	0.07%
	SPGI	D	0.29%	0.24%	0.24%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.05%	0.04%
	STX	D	0.04%	0.03%	0.03%
	SYK	A	0.22%	0.28%	0.22%
	TDG	B	0.14%	0.26%	0.14%
	TJX	B	0.24%	0.29%	0.24%
	TMO	F	0.41%	0.28%	0.28%
	TRGP	A	0.07%	0.14%	0.07%
	TSCO	D	0.06%	0.05%	0.05%
	TSLA	B	1.3%	2.83%	1.3%
	TT	A	0.16%	0.21%	0.16%
	TTWO	A	0.05%	0.05%	0.05%
	TXN	B	0.35%	0.25%	0.25%
	TYL	B	0.05%	0.09%	0.05%
	UBER	F	0.28%	0.53%	0.28%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	0.99%	0.73%	0.73%
	UNP	D	0.27%	0.23%	0.23%
	URI	B	0.1%	0.2%	0.1%
	V	A	0.87%	1.16%	0.87%
	VMC	B	0.07%	0.08%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRTX	B	0.23%	0.28%	0.23%
	VST	B	0.08%	0.16%	0.08%
	WAT	B	0.04%	0.03%	0.03%
	WM	A	0.16%	0.13%	0.13%
	WMB	A	0.12%	0.09%	0.09%
	WST	C	0.04%	0.08%	0.04%
	WYNN	F	0.02%	0.03%	0.02%
	YUM	B	0.07%	0.06%	0.06%
	ZTS	F	0.16%	0.15%	0.15%

GUSA Overweight 742 Positions Relative to IVW

	Symbol	Grade	Weight
	JPM	B	1.21%
	BRK.A	C	1.11%
	XOM	B	0.98%
	JNJ	F	0.73%
	WMT	A	0.68%
	BAC	A	0.54%
	CVX	B	0.49%
	WFC	B	0.43%
	CSCO	A	0.42%
	ABT	B	0.39%
	IBM	D	0.36%
	VZ	D	0.33%
	DIS	C	0.33%
	GS	B	0.32%
	CMCSA	B	0.32%
	AMGN	F	0.32%
	DHR	F	0.31%
	NEE	D	0.3%
	RTX	C	0.3%
	T	C	0.3%
	PFE	F	0.3%
	MS	A	0.28%
	LOW	B	0.28%
	HON	B	0.26%
	LMT	D	0.25%
	MDT	D	0.22%
	C	B	0.22%
	MU	C	0.21%
	BMY	B	0.21%
	GILD	B	0.21%
	CB	D	0.21%
	PLD	F	0.2%
	SCHW	A	0.2%
	TMUS	A	0.2%
	INTC	C	0.19%
	ELV	F	0.19%
	MO	A	0.18%
	SO	D	0.18%
	MELI	D	0.18%
	UPS	D	0.18%
	ICE	D	0.17%
	CI	D	0.17%
	DUK	D	0.16%
	WELL	B	0.15%
	PYPL	B	0.15%
	MRVL	B	0.14%
	PNC	A	0.14%
	NOC	C	0.14%
	GD	A	0.13%
	APD	B	0.13%
	BDX	D	0.13%
	MCK	B	0.13%
	TGT	C	0.13%
	CVS	F	0.13%
	MMM	D	0.13%
	USB	B	0.13%
	EMR	A	0.12%
	COF	B	0.12%
	FDX	B	0.12%
	NSC	B	0.11%
	TRV	B	0.11%
	SLB	D	0.11%
	BK	B	0.11%
	TFC	A	0.11%
	APO	B	0.11%
	GM	B	0.11%
	AIG	C	0.1%
	JCI	B	0.1%
	PSX	D	0.1%
	O	D	0.1%
	AEP	D	0.1%
	SRE	A	0.1%
	NEM	F	0.1%
	TTD	A	0.1%
	AFL	C	0.1%
	SPOT	A	0.1%
	CMI	B	0.09%
	KMB	F	0.09%
	CCI	F	0.09%
	MET	C	0.09%
	LHX	B	0.09%
	KMI	A	0.09%
	ALL	A	0.09%
	D	D	0.09%
	FIS	C	0.09%
	WDAY	B	0.09%
	DASH	A	0.09%
	COR	A	0.08%
	SQ	A	0.08%
	F	C	0.08%
	CBRE	B	0.08%
	A	F	0.08%
	FLUT	B	0.08%
	VLO	D	0.08%
	LNG	B	0.08%
	CTVA	C	0.08%
	PCG	A	0.08%
	KVUE	A	0.08%
	PEG	D	0.08%
	PRU	B	0.08%
	MSTR	A	0.07%
	ED	D	0.07%
	OXY	F	0.07%
	DOW	F	0.07%
	KDP	D	0.07%
	TEAM	B	0.07%
	RMD	B	0.07%
	HPQ	B	0.07%
	COIN	B	0.07%
	VRT	B	0.07%
	SNOW	C	0.07%
	STZ	D	0.07%
	XEL	A	0.07%
	GEHC	D	0.07%
	CTSH	A	0.07%
	GLW	B	0.07%
	KR	A	0.07%
	EXC	D	0.07%
	SYY	B	0.07%
	BKR	B	0.07%
	GIS	F	0.07%
	PPG	F	0.06%
	FITB	A	0.06%
	EBAY	D	0.06%
	APP	A	0.06%
	WEC	B	0.06%
	ETR	B	0.06%
	AVB	B	0.06%
	WTW	A	0.06%
	EIX	D	0.06%
	HUM	F	0.06%
	DD	D	0.06%
	VEEV	B	0.06%
	MTB	B	0.06%
	DDOG	C	0.06%
	VICI	D	0.06%
	HIG	C	0.06%
	WAB	B	0.06%
	EXR	D	0.06%
	CNC	F	0.06%
	ALNY	D	0.06%
	EQR	D	0.05%
	ILMN	C	0.05%
	DVN	F	0.05%
	TROW	B	0.05%
	DTE	D	0.05%
	RBLX	A	0.05%
	HAL	D	0.05%
	BIIB	F	0.05%
	IFF	F	0.05%
	LDOS	A	0.05%
	NET	C	0.05%
	VTR	C	0.05%
	DOV	A	0.05%
	HPE	B	0.05%
	KHC	F	0.05%
	AWK	D	0.05%
	UAL	A	0.05%
	KEYS	B	0.05%
	SW	C	0.05%
	ADM	F	0.05%
	GPN	B	0.05%
	TPL	A	0.05%
	RJF	A	0.05%
	NDAQ	B	0.05%
	HUBS	A	0.05%
	CPNG	C	0.05%
	STT	B	0.05%
	XYL	D	0.05%
	ARES	B	0.05%
	CAH	B	0.05%
	WBD	C	0.04%
	CFG	B	0.04%
	MDB	C	0.04%
	PINS	D	0.04%
	LII	B	0.04%
	HOLX	D	0.04%
	LH	B	0.04%
	IP	B	0.04%
	ZM	A	0.04%
	TRU	D	0.04%
	PFG	C	0.04%
	ZBRA	A	0.04%
	MKL	A	0.04%
	MKC	D	0.04%
	OMC	B	0.04%
	CSL	C	0.04%
	CLX	B	0.04%
	CMS	D	0.04%
	NTRS	A	0.04%
	PKG	B	0.04%
	ATO	A	0.04%
	FSLR	F	0.04%
	K	A	0.04%
	LPLA	A	0.04%
	WDC	D	0.04%
	TDY	A	0.04%
	EME	B	0.04%
	RF	A	0.04%
	CINF	A	0.04%
	LYB	F	0.04%
	ES	F	0.04%
	FCNCA	B	0.04%
	ZBH	C	0.04%
	AEE	A	0.04%
	VLTO	D	0.04%
	HBAN	A	0.04%
	CVNA	B	0.04%
	SYF	B	0.04%
	WY	F	0.04%
	FE	D	0.04%
	BAH	C	0.04%
	PPL	A	0.04%
	DLTR	F	0.03%
	JKHY	C	0.03%
	CW	B	0.03%
	NDSN	B	0.03%
	NTRA	B	0.03%
	EVRG	A	0.03%
	FFIV	B	0.03%
	RNR	D	0.03%
	EWBC	A	0.03%
	CAG	F	0.03%
	TWLO	B	0.03%
	GGG	B	0.03%
	FIX	B	0.03%
	THC	B	0.03%
	VTRS	B	0.03%
	USFD	A	0.03%
	EL	F	0.03%
	RGA	A	0.03%
	SWKS	F	0.03%
	SWK	F	0.03%
	FLEX	B	0.03%
	DT	C	0.03%
	INCY	B	0.03%
	GWRE	A	0.03%
	DOCU	A	0.03%
	HEI	C	0.03%
	LNT	C	0.03%
	L	B	0.03%
	AVTR	F	0.03%
	CASY	A	0.03%
	EQT	A	0.03%
	ACM	B	0.03%
	TW	B	0.03%
	XPO	B	0.03%
	AMCR	D	0.03%
	RVTY	C	0.03%
	JBHT	B	0.03%
	EQH	B	0.03%
	EG	D	0.03%
	TRMB	B	0.03%
	NTNX	B	0.03%
	TOL	B	0.03%
	UTHR	B	0.03%
	FNF	C	0.03%
	APTV	F	0.03%
	SSNC	C	0.03%
	NI	A	0.03%
	TXT	D	0.03%
	GEN	A	0.03%
	DOC	C	0.03%
	KIM	B	0.03%
	PSTG	D	0.03%
	OC	B	0.03%
	IBKR	A	0.03%
	GPC	D	0.03%
	BURL	C	0.03%
	ZS	B	0.03%
	WSM	F	0.03%
	ENTG	D	0.03%
	MANH	C	0.03%
	WSO	A	0.03%
	KEY	B	0.03%
	SUI	F	0.03%
	RS	B	0.03%
	RPM	B	0.03%
	IEX	B	0.03%
	AVY	F	0.03%
	TSN	C	0.03%
	TER	D	0.03%
	DKNG	B	0.03%
	YUMC	B	0.03%
	ARE	F	0.03%
	DGX	A	0.03%
	MAA	C	0.03%
	WRB	B	0.03%
	J	B	0.03%
	ESS	C	0.03%
	DG	F	0.03%
	BBY	D	0.03%
	INVH	D	0.03%
	NRG	B	0.03%
	MRNA	F	0.03%
	CNP	B	0.03%
	BALL	D	0.03%
	BAX	F	0.03%
	LUV	B	0.03%
	OLED	F	0.02%
	PNFP	B	0.02%
	FMC	F	0.02%
	NNN	F	0.02%
	FYBR	D	0.02%
	OGE	B	0.02%
	VOYA	A	0.02%
	EGP	D	0.02%
	ROKU	C	0.02%
	HSIC	F	0.02%
	BERY	C	0.02%
	BRX	B	0.02%
	FRT	C	0.02%
	MTZ	B	0.02%
	CMA	B	0.02%
	HRB	D	0.02%
	KNX	B	0.02%
	TKO	D	0.02%
	SKX	F	0.02%
	ENSG	C	0.02%
	PCTY	A	0.02%
	AXTA	B	0.02%
	RVMD	B	0.02%
	WCC	B	0.02%
	HAS	D	0.02%
	TTC	D	0.02%
	MORN	A	0.02%
	SNX	C	0.02%
	ONTO	F	0.02%
	PEN	B	0.02%
	MOS	D	0.02%
	WBS	B	0.02%
	GPK	D	0.02%
	ORI	A	0.02%
	CNH	D	0.02%
	X	B	0.02%
	DTM	A	0.02%
	GLOB	B	0.02%
	HLI	B	0.02%
	WING	D	0.02%
	NYT	C	0.02%
	AAL	B	0.02%
	EXEL	B	0.02%
	FN	B	0.02%
	BRBR	A	0.02%
	AIT	A	0.02%
	INGR	B	0.02%
	CPB	F	0.02%
	FLR	C	0.02%
	DCI	A	0.02%
	HRL	F	0.02%
	WAL	B	0.02%
	IOT	B	0.02%
	KBR	B	0.02%
	CRL	C	0.02%
	MLI	B	0.02%
	AFG	B	0.02%
	REXR	F	0.02%
	LAD	B	0.02%
	Z	B	0.02%
	CIEN	B	0.02%
	MUSA	B	0.02%
	GL	B	0.02%
	ALSN	B	0.02%
	PSN	A	0.02%
	MTCH	F	0.02%
	ALLY	C	0.02%
	LKQ	D	0.02%
	KNSL	C	0.02%
	OVV	C	0.02%
	ARMK	C	0.02%
	EVR	B	0.02%
	FHN	B	0.02%
	CHDN	C	0.02%
	SCCO	D	0.02%
	FOXA	A	0.02%
	RGLD	C	0.02%
	AYI	A	0.02%
	PRI	A	0.02%
	WWD	B	0.02%
	TAP	B	0.02%
	PNW	B	0.02%
	EHC	B	0.02%
	QGEN	F	0.02%
	EXP	B	0.02%
	AIZ	A	0.02%
	SOLV	C	0.02%
	TFX	F	0.02%
	OWL	B	0.02%
	WMS	F	0.02%
	GMED	B	0.02%
	OHI	B	0.02%
	HEI	C	0.02%
	DOX	A	0.02%
	LBRDK	B	0.02%
	SF	A	0.02%
	RPRX	F	0.02%
	SOFI	B	0.02%
	AES	F	0.02%
	WTRG	B	0.02%
	NWSA	B	0.02%
	UHS	D	0.02%
	AFRM	A	0.02%
	CUBE	D	0.02%
	FBIN	F	0.02%
	CTLT	C	0.02%
	MKTX	C	0.02%
	DUOL	B	0.02%
	TPR	B	0.02%
	INSM	D	0.02%
	SRPT	F	0.02%
	CG	B	0.02%
	FND	F	0.02%
	DKS	D	0.02%
	ATR	A	0.02%
	JEF	B	0.02%
	PCVX	D	0.02%
	CCK	B	0.02%
	RRX	C	0.02%
	BLD	F	0.02%
	BWXT	A	0.02%
	FTI	B	0.02%
	NVT	B	0.02%
	IPG	F	0.02%
	BXP	D	0.02%
	LAMR	D	0.02%
	LECO	B	0.02%
	KMX	C	0.02%
	BJ	B	0.02%
	ALB	C	0.02%
	ITT	A	0.02%
	BG	D	0.02%
	SJM	F	0.02%
	OKTA	C	0.02%
	AMH	D	0.02%
	SCI	B	0.02%
	CLH	B	0.02%
	CHRW	B	0.02%
	TOST	A	0.02%
	TECH	C	0.02%
	HOOD	B	0.02%
	REG	B	0.02%
	CPT	D	0.02%
	NBIX	C	0.02%
	WPC	F	0.02%
	EMN	D	0.02%
	UNM	A	0.02%
	COHR	B	0.02%
	CACI	B	0.02%
	PFGC	B	0.02%
	ELS	C	0.02%
	BMRN	F	0.02%
	JNPR	C	0.02%
	EXAS	F	0.02%
	JLL	C	0.02%
	TXRH	B	0.02%
	UDR	D	0.02%
	SAIA	B	0.02%
	TTEK	C	0.02%
	GLPI	D	0.02%
	SNAP	C	0.02%
	SFM	B	0.02%
	COTY	F	0.01%
	TNET	D	0.01%
	BBIO	F	0.01%
	CRVL	B	0.01%
	HESM	D	0.01%
	STNG	F	0.01%
	CACC	F	0.01%
	BROS	B	0.01%
	GFS	C	0.01%
	PAG	C	0.01%
	COLM	B	0.01%
	ZG	B	0.01%
	AMKR	F	0.01%
	MDU	F	0.01%
	ZI	C	0.01%
	PBF	F	0.01%
	NSA	D	0.01%
	DDS	C	0.01%
	RIG	D	0.01%
	RDDT	B	0.01%
	ATKR	C	0.01%
	DNB	B	0.01%
	SLAB	F	0.01%
	IAC	F	0.01%
	LANC	B	0.01%
	HUN	F	0.01%
	MSM	B	0.01%
	CHWY	B	0.01%
	ENLC	B	0.01%
	WU	F	0.01%
	W	F	0.01%
	M	D	0.01%
	ACHC	F	0.01%
	RYN	F	0.01%
	PII	F	0.01%
	HOG	F	0.01%
	APPF	B	0.01%
	SIG	B	0.01%
	CHH	B	0.01%
	CIVI	F	0.01%
	WMG	B	0.01%
	SWX	B	0.01%
	AN	D	0.01%
	OPCH	F	0.01%
	MGY	B	0.01%
	GAP	C	0.01%
	ASGN	B	0.01%
	FLO	F	0.01%
	HCP	A	0.01%
	SLGN	A	0.01%
	ASH	F	0.01%
	WLK	F	0.01%
	EEFT	C	0.01%
	QLYS	C	0.01%
	DLB	C	0.01%
	TENB	D	0.01%
	SN	D	0.01%
	FFIN	B	0.01%
	CNM	D	0.01%
	MUR	F	0.01%
	KRC	C	0.01%
	OGN	F	0.01%
	AL	B	0.01%
	SM	C	0.01%
	GATX	B	0.01%
	CELH	F	0.01%
	BYD	A	0.01%
	ABG	B	0.01%
	OZK	B	0.01%
	EXPO	D	0.01%
	RH	B	0.01%
	LYFT	B	0.01%
	AM	B	0.01%
	OLN	D	0.01%
	PATH	C	0.01%
	UGI	D	0.01%
	HXL	D	0.01%
	XRAY	F	0.01%
	UBSI	B	0.01%
	SON	F	0.01%
	FOX	A	0.01%
	FOUR	B	0.01%
	IBP	F	0.01%
	U	D	0.01%
	ROIV	D	0.01%
	RMBS	C	0.01%
	DOCS	B	0.01%
	NFG	C	0.01%
	ST	F	0.01%
	THG	A	0.01%
	SEE	C	0.01%
	FIVE	F	0.01%
	WTS	B	0.01%
	MMS	C	0.01%
	VVV	B	0.01%
	CYTK	C	0.01%
	THO	B	0.01%
	IDA	A	0.01%
	CHX	D	0.01%
	PARA	C	0.01%
	JHG	B	0.01%
	POST	D	0.01%
	TKR	F	0.01%
	BRKR	F	0.01%
	TPG	B	0.01%
	IONS	F	0.01%
	GTLS	A	0.01%
	PCOR	B	0.01%
	WFRD	D	0.01%
	INSP	D	0.01%
	NXST	C	0.01%
	PVH	C	0.01%
	SIGI	B	0.01%
	WHR	B	0.01%
	ELF	C	0.01%
	BC	D	0.01%
	BPMC	B	0.01%
	LEA	F	0.01%
	ESNT	D	0.01%
	LNC	B	0.01%
	VNT	B	0.01%
	PR	B	0.01%
	SUM	B	0.01%
	GBCI	B	0.01%
	SRCL	B	0.01%
	ALTR	C	0.01%
	MTDR	C	0.01%
	IVZ	C	0.01%
	DINO	D	0.01%
	STWD	D	0.01%
	CFLT	B	0.01%
	OMF	B	0.01%
	CRUS	F	0.01%
	COKE	D	0.01%
	BILL	A	0.01%
	ONB	A	0.01%
	NOV	D	0.01%
	GME	C	0.01%
	MTN	D	0.01%
	ESI	B	0.01%
	MSA	D	0.01%
	SPSC	D	0.01%
	AMG	C	0.01%
	MTSI	B	0.01%
	GTLB	C	0.01%
	AXS	B	0.01%
	APG	B	0.01%
	LFUS	D	0.01%
	ELAN	D	0.01%
	CLF	D	0.01%
	NOVT	C	0.01%
	DAR	B	0.01%
	AGCO	F	0.01%
	FAF	D	0.01%
	G	B	0.01%
	H	C	0.01%
	HLNE	B	0.01%
	ETSY	C	0.01%
	DBX	B	0.01%
	VMI	B	0.01%
	CROX	F	0.01%
	SITE	C	0.01%
	ALK	A	0.01%
	BPOP	C	0.01%
	CMC	B	0.01%
	AZEK	B	0.01%
	RHP	B	0.01%
	ANF	D	0.01%
	RLI	A	0.01%
	LSTR	B	0.01%
	MKSI	D	0.01%
	MASI	B	0.01%
	AGNC	D	0.01%
	LPX	A	0.01%
	RYAN	B	0.01%
	ATI	D	0.01%
	ARW	F	0.01%
	BEN	C	0.01%
	MTH	D	0.01%
	BBWI	C	0.01%
	KEX	A	0.01%
	STAG	F	0.01%
	PB	A	0.01%
	ESTC	C	0.01%
	S	B	0.01%
	JAZZ	B	0.01%
	EXLS	A	0.01%
	OSK	B	0.01%
	QRVO	F	0.01%
	VKTX	D	0.01%
	WBA	D	0.01%
	UHAL	C	0.01%
	MAT	C	0.01%
	WSC	F	0.01%
	FCN	D	0.01%
	GXO	B	0.01%
	PLNT	B	0.01%
	RIVN	F	0.01%
	LNW	C	0.01%
	MIDD	C	0.01%
	WEX	D	0.01%
	SIRI	C	0.01%
	WH	A	0.01%
	FR	D	0.01%
	ESAB	B	0.01%
	WTFC	A	0.01%
	CGNX	B	0.01%
	FLS	B	0.01%
	MHK	D	0.01%
	ALV	C	0.01%
	AAON	B	0.01%
	AR	B	0.01%
	RHI	B	0.01%
	RRC	B	0.01%
	LSCC	C	0.01%
	GNTX	C	0.01%
	RGEN	D	0.01%
	COLD	F	0.01%
	HALO	B	0.01%
	SNV	B	0.01%
	AA	C	0.01%
	HQY	A	0.01%
	LNTH	F	0.01%
	ADC	B	0.01%
	SSB	B	0.01%
	BIO	C	0.01%
	HII	D	0.01%
	CFR	B	0.01%
	CRBG	C	0.01%
	SMAR	B	0.01%
	UFPI	B	0.01%
	CBSH	A	0.01%
	SAIC	B	0.01%
	MEDP	D	0.01%
	RBC	B	0.01%
	ZION	B	0.01%
	CR	B	0.01%
	CHRD	F	0.01%
	SEIC	A	0.01%
	SSD	D	0.01%
	BWA	B	0.01%
	BSY	D	0.01%
	TREX	C	0.01%
	BFAM	F	0.01%
	CHE	D	0.01%
	ITCI	B	0.01%
	ACI	C	0.01%
	VFC	C	0.01%
	TPX	C	0.01%
	UWMC	F	0.0%
	UHAL	C	0.0%
	NFE	F	0.0%
	BLCO	C	0.0%
	CWEN	D	0.0%
	CNA	D	0.0%
	BIRK	F	0.0%
	DJT	D	0.0%
	ALGM	F	0.0%
	INFA	D	0.0%
	LBRDA	B	0.0%
	REYN	D	0.0%
	IMVT	D	0.0%
	LEVI	F	0.0%
	KNTK	B	0.0%
	LCID	F	0.0%
	RKT	D	0.0%
	CNXC	F	0.0%
	PPC	B	0.0%
	IGT	D	0.0%
	RCM	B	0.0%
	NWS	B	0.0%
	IPAR	C	0.0%
	CWEN	D	0.0%
	CLVT	F	0.0%
	CPRI	F	0.0%
	IPGP	C	0.0%
	BOKF	B	0.0%
	APLS	F	0.0%
	AGR	C	0.0%
	EDR	C	0.0%
	ADTN	B	0.0%

GUSA Underweight 3 Positions Relative to IVW

	Symbol	Grade	Weight
	NXPI	F	-0.16%
	TEL	B	-0.06%
	COO	D	-0.03%

GUSA: Top Represented Industries & Keywords

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

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

IVW: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Diversified Industrials Oil & Gas E&P Diagnostics & Research Restaurants Insurance Brokers Internet Content & Information Leisure Medical Devices Software - Infrastructure Specialty Industrial Machinery Specialty Retail Building Materials Capital Markets Credit Services Information Technology Services Medical Instruments & Supplies Residential Construction

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Electronics Natural Gas Cloud Computing IBD 50 Integrated Circuits Mobile Devices Semiconductor Chemical Insurance Software Work From Home Medicine Smartphones Telecommunications Transport Aerospace