GUSA vs. VONG ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to Vanguard Russell 1000 Growth ETF (VONG)

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

$46.64

Average Daily Volume

195

Number of Holdings ^*

970

* may have additional holdings in another (foreign) market

VONG

Vanguard Russell 1000 Growth ETF

VONG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Growth Index. The index is designed to measure the performance of large-capitalization growth stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$89.12

Average Daily Volume

765,514

Number of Holdings ^*

385

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	VONG
30 Days	4.17%	4.11%
60 Days	-2.44%	-8.46%
90 Days	1.49%	-1.25%
12 Months	21.25%	25.48%

363 Overlapping Holdings

	Symbol	Grade	Weight in GUSA	Weight in VONG	Overlap
	AAL	C	0.01%	0.0%	0.0%
	AAON	C	0.01%	0.02%	0.01%
	AAPL	C	6.45%	12.21%	6.45%
	ABBV	B	0.67%	0.54%	0.54%
	ABNB	F	0.1%	0.23%	0.1%
	ADBE	B	0.49%	0.93%	0.49%
	ADP	B	0.22%	0.38%	0.22%
	ADSK	B	0.11%	0.2%	0.11%
	AJG	A	0.12%	0.02%	0.02%
	ALGN	F	0.03%	0.04%	0.03%
	ALL	B	0.1%	0.03%	0.03%
	ALLY	C	0.02%	0.01%	0.01%
	ALNY	C	0.07%	0.1%	0.07%
	AM	C	0.01%	0.01%	0.01%
	AMAT	F	0.31%	0.61%	0.31%
	AMD	F	0.45%	0.58%	0.45%
	AMGN	C	0.34%	0.53%	0.34%
	AMP	B	0.09%	0.15%	0.09%
	AMT	A	0.2%	0.39%	0.2%
	AMZN	D	3.11%	6.57%	3.11%
	ANET	D	0.16%	0.34%	0.16%
	APH	D	0.15%	0.17%	0.15%
	APLS	C	0.01%	0.02%	0.01%
	APO	D	0.09%	0.18%	0.09%
	APP	B	0.03%	0.08%	0.03%
	APPF	D	0.01%	0.02%	0.01%
	ARES	C	0.05%	0.1%	0.05%
	AVGO	D	1.39%	2.76%	1.39%
	AVY	B	0.03%	0.02%	0.02%
	AXON	B	0.05%	0.08%	0.05%
	AXP	B	0.29%	0.2%	0.2%
	AZEK	D	0.01%	0.02%	0.01%
	AZO	B	0.11%	0.19%	0.11%
	BA	F	0.19%	0.07%	0.07%
	BAH	B	0.04%	0.07%	0.04%
	BFAM	B	0.02%	0.0%	0.0%
	BILL	C	0.01%	0.0%	0.0%
	BKNG	C	0.26%	0.45%	0.26%
	BLD	D	0.02%	0.0%	0.0%
	BLDR	C	0.04%	0.01%	0.01%
	BPOP	B	0.01%	0.0%	0.0%
	BR	C	0.05%	0.09%	0.05%
	BRKR	C	0.01%	0.02%	0.01%
	BRO	A	0.05%	0.04%	0.04%
	BROS	D	0.0%	0.01%	0.0%
	BSY	D	0.02%	0.03%	0.02%
	BURL	B	0.03%	0.06%	0.03%
	BWXT	C	0.02%	0.01%	0.01%
	BX	B	0.19%	0.38%	0.19%
	CACC	F	0.01%	0.01%	0.01%
	CAH	A	0.05%	0.06%	0.05%
	CASY	C	0.03%	0.01%	0.01%
	CAT	C	0.33%	0.09%	0.09%
	CDNS	D	0.14%	0.28%	0.14%
	CDW	D	0.06%	0.06%	0.06%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.12%	0.04%	0.04%
	CELH	F	0.01%	0.03%	0.01%
	CFLT	F	0.01%	0.02%	0.01%
	CGNX	D	0.01%	0.0%	0.0%
	CHDN	D	0.02%	0.04%	0.02%
	CHE	C	0.02%	0.0%	0.0%
	CHH	C	0.01%	0.01%	0.01%
	CI	B	0.2%	0.03%	0.03%
	CIVI	F	0.01%	0.01%	0.01%
	CL	A	0.17%	0.17%	0.17%
	CLF	F	0.01%	0.01%	0.01%
	CLX	A	0.04%	0.06%	0.04%
	CMG	D	0.15%	0.28%	0.15%
	CNM	F	0.01%	0.02%	0.01%
	COIN	F	0.07%	0.14%	0.07%
	COST	B	0.76%	1.38%	0.76%
	CPAY	B	0.04%	0.08%	0.04%
	CPNG	B	0.05%	0.09%	0.05%
	CPRT	D	0.09%	0.16%	0.09%
	CRM	D	0.47%	0.78%	0.47%
	CROX	C	0.02%	0.01%	0.01%
	CRWD	F	0.12%	0.19%	0.12%
	CSL	C	0.04%	0.01%	0.01%
	CTAS	B	0.13%	0.24%	0.13%
	CVNA	C	0.03%	0.02%	0.02%
	DASH	B	0.08%	0.13%	0.08%
	DAY	C	0.02%	0.0%	0.0%
	DBX	D	0.01%	0.01%	0.01%
	DDOG	D	0.06%	0.13%	0.06%
	DECK	C	0.05%	0.09%	0.05%
	DELL	F	0.06%	0.02%	0.02%
	DJT	F	0.0%	0.0%	0.0%
	DKNG	D	0.03%	0.06%	0.03%
	DKS	C	0.03%	0.0%	0.0%
	DOCS	B	0.01%	0.0%	0.0%
	DOCU	A	0.02%	0.04%	0.02%
	DPZ	D	0.03%	0.02%	0.02%
	DRI	A	0.04%	0.03%	0.03%
	DT	A	0.03%	0.04%	0.03%
	DUOL	B	0.01%	0.02%	0.01%
	DVA	B	0.02%	0.03%	0.02%
	DXCM	F	0.05%	0.1%	0.05%
	ECL	B	0.12%	0.19%	0.12%
	EFX	B	0.07%	0.03%	0.03%
	EG	B	0.03%	0.01%	0.01%
	EL	F	0.04%	0.03%	0.03%
	ELF	F	0.02%	0.03%	0.02%
	ELV	B	0.25%	0.07%	0.07%
	EME	C	0.04%	0.03%	0.03%
	ENPH	D	0.03%	0.06%	0.03%
	ENTG	D	0.03%	0.07%	0.03%
	EPAM	C	0.02%	0.0%	0.0%
	EQH	C	0.03%	0.05%	0.03%
	EQIX	B	0.15%	0.02%	0.02%
	EQT	D	0.03%	0.0%	0.0%
	ESTC	F	0.02%	0.03%	0.02%
	ETSY	F	0.01%	0.02%	0.01%
	EW	F	0.08%	0.03%	0.03%
	EXAS	B	0.02%	0.01%	0.01%
	EXEL	B	0.01%	0.02%	0.01%
	EXP	B	0.02%	0.03%	0.02%
	EXPD	D	0.03%	0.01%	0.01%
	EXPE	C	0.03%	0.06%	0.03%
	FAST	D	0.07%	0.13%	0.07%
	FDS	C	0.03%	0.02%	0.02%
	FICO	A	0.08%	0.12%	0.08%
	FIVE	F	0.01%	0.01%	0.01%
	FIX	C	0.02%	0.04%	0.02%
	FND	C	0.02%	0.01%	0.01%
	FOUR	B	0.01%	0.02%	0.01%
	FTNT	B	0.09%	0.11%	0.09%
	GDDY	C	0.04%	0.08%	0.04%
	GE	C	0.37%	0.15%	0.15%
	GEHC	B	0.07%	0.01%	0.01%
	GLOB	C	0.02%	0.02%	0.02%
	GNRC	C	0.02%	0.02%	0.02%
	GOOG	D	1.66%	3.22%	1.66%
	GOOGL	D	1.85%	3.81%	1.85%
	GS	C	0.32%	0.16%	0.16%
	GTLB	C	0.01%	0.02%	0.01%
	GWRE	A	0.02%	0.02%	0.02%
	GWW	C	0.07%	0.14%	0.07%
	H	C	0.01%	0.0%	0.0%
	HAS	B	0.02%	0.03%	0.02%
	HCA	B	0.15%	0.06%	0.06%
	HCP	B	0.01%	0.01%	0.01%
	HD	B	0.71%	1.1%	0.71%
	HEI	B	0.03%	0.06%	0.03%
	HEI	B	0.02%	0.06%	0.02%
	HEI	B	0.02%	0.04%	0.02%
	HEI	B	0.03%	0.04%	0.03%
	HES	F	0.07%	0.1%	0.07%
	HLI	B	0.02%	0.0%	0.0%
	HLT	C	0.1%	0.1%	0.1%
	HON	D	0.26%	0.08%	0.08%
	HPQ	D	0.07%	0.03%	0.03%
	HRB	B	0.02%	0.01%	0.01%
	HSY	A	0.05%	0.02%	0.02%
	HUBS	F	0.05%	0.09%	0.05%
	HWM	B	0.08%	0.01%	0.01%
	IDXX	D	0.08%	0.15%	0.08%
	INCY	C	0.02%	0.0%	0.0%
	INSP	A	0.01%	0.02%	0.01%
	INTU	D	0.33%	0.67%	0.33%
	IONS	D	0.01%	0.03%	0.01%
	IQV	B	0.09%	0.02%	0.02%
	IRM	B	0.06%	0.06%	0.06%
	ISRG	B	0.33%	0.59%	0.33%
	IT	B	0.07%	0.14%	0.07%
	ITCI	C	0.01%	0.03%	0.01%
	ITW	C	0.15%	0.1%	0.1%
	JBL	F	0.02%	0.0%	0.0%
	JEF	B	0.02%	0.01%	0.01%
	JLL	B	0.02%	0.01%	0.01%
	KBR	C	0.02%	0.0%	0.0%
	KKR	B	0.16%	0.09%	0.09%
	KLAC	D	0.21%	0.42%	0.21%
	KMB	A	0.09%	0.07%	0.07%
	KMX	C	0.03%	0.0%	0.0%
	KNSL	B	0.02%	0.04%	0.02%
	KO	B	0.55%	0.56%	0.55%
	LAMR	B	0.02%	0.01%	0.01%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.01%	0.01%	0.01%
	LECO	F	0.02%	0.01%	0.01%
	LII	C	0.04%	0.07%	0.04%
	LLY	B	1.55%	2.59%	1.55%
	LMT	A	0.27%	0.14%	0.14%
	LNG	B	0.08%	0.08%	0.08%
	LNW	B	0.02%	0.04%	0.02%
	LPLA	D	0.03%	0.06%	0.03%
	LPX	B	0.01%	0.02%	0.01%
	LRCX	F	0.2%	0.45%	0.2%
	LSCC	F	0.01%	0.02%	0.01%
	LULU	F	0.06%	0.12%	0.06%
	LVS	D	0.03%	0.05%	0.03%
	LW	D	0.02%	0.01%	0.01%
	LYFT	F	0.01%	0.01%	0.01%
	LYV	D	0.03%	0.06%	0.03%
	MA	B	0.77%	1.45%	0.77%
	MANH	B	0.03%	0.06%	0.03%
	MASI	D	0.01%	0.01%	0.01%
	MCD	A	0.41%	0.05%	0.05%
	MCK	D	0.14%	0.13%	0.13%
	MCO	B	0.15%	0.27%	0.15%
	MDB	C	0.03%	0.06%	0.03%
	MEDP	D	0.02%	0.04%	0.02%
	META	C	2.22%	3.93%	2.22%
	MKL	C	0.04%	0.02%	0.02%
	MKSI	F	0.01%	0.0%	0.0%
	MLM	D	0.06%	0.01%	0.01%
	MMC	A	0.22%	0.06%	0.06%
	MMM	B	0.14%	0.05%	0.05%
	MNST	D	0.06%	0.12%	0.06%
	MOH	C	0.04%	0.05%	0.04%
	MORN	C	0.02%	0.03%	0.02%
	MPWR	C	0.08%	0.15%	0.08%
	MRK	D	0.58%	1.08%	0.58%
	MRVL	D	0.12%	0.02%	0.02%
	MS	C	0.25%	0.03%	0.03%
	MSCI	B	0.09%	0.09%	0.09%
	MSFT	D	5.89%	11.77%	5.89%
	MSI	B	0.14%	0.12%	0.12%
	MSTR	F	0.04%	0.01%	0.01%
	MTDR	F	0.01%	0.0%	0.0%
	MTN	C	0.01%	0.02%	0.01%
	MUSA	B	0.02%	0.04%	0.02%
	NBIX	D	0.02%	0.05%	0.02%
	NCLH	D	0.01%	0.03%	0.01%
	NET	F	0.05%	0.09%	0.05%
	NFE	F	0.0%	0.0%	0.0%
	NFLX	B	0.57%	1.02%	0.57%
	NKE	C	0.2%	0.21%	0.2%
	NOW	B	0.33%	0.63%	0.33%
	NRG	C	0.03%	0.02%	0.02%
	NTAP	D	0.05%	0.04%	0.04%
	NTNX	A	0.03%	0.01%	0.01%
	NTRA	B	0.02%	0.04%	0.02%
	NVDA	D	5.4%	10.53%	5.4%
	NXST	D	0.01%	0.01%	0.01%
	ODFL	D	0.07%	0.16%	0.07%
	OKTA	F	0.02%	0.02%	0.02%
	OLED	D	0.02%	0.02%	0.02%
	ONTO	D	0.02%	0.01%	0.01%
	ORCL	A	0.42%	0.83%	0.42%
	ORLY	B	0.13%	0.23%	0.13%
	OWL	D	0.02%	0.04%	0.02%
	PANW	B	0.22%	0.38%	0.22%
	PATH	D	0.01%	0.02%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	B	0.08%	0.06%	0.06%
	PCOR	F	0.01%	0.03%	0.01%
	PCTY	C	0.01%	0.02%	0.01%
	PEN	C	0.01%	0.02%	0.01%
	PEP	A	0.46%	0.71%	0.46%
	PFGC	B	0.02%	0.01%	0.01%
	PG	A	0.78%	0.32%	0.32%
	PGR	A	0.28%	0.4%	0.28%
	PINS	F	0.04%	0.07%	0.04%
	PLNT	A	0.01%	0.01%	0.01%
	PLTR	B	0.12%	0.2%	0.12%
	PODD	A	0.03%	0.05%	0.03%
	POOL	C	0.03%	0.05%	0.03%
	PPC	B	0.0%	0.0%	0.0%
	PR	D	0.01%	0.01%	0.01%
	PSA	A	0.11%	0.03%	0.03%
	PSTG	F	0.03%	0.06%	0.03%
	PTC	D	0.04%	0.05%	0.04%
	PWR	C	0.08%	0.04%	0.04%
	QCOM	F	0.37%	0.72%	0.37%
	RBLX	B	0.04%	0.08%	0.04%
	RCL	C	0.07%	0.05%	0.05%
	REGN	B	0.24%	0.04%	0.04%
	RGEN	C	0.02%	0.01%	0.01%
	RH	F	0.01%	0.0%	0.0%
	RLI	B	0.01%	0.0%	0.0%
	RMD	A	0.07%	0.03%	0.03%
	ROK	D	0.06%	0.01%	0.01%
	ROKU	C	0.02%	0.0%	0.0%
	ROL	B	0.03%	0.05%	0.03%
	ROST	B	0.1%	0.04%	0.04%
	RPM	A	0.03%	0.01%	0.01%
	RYAN	B	0.01%	0.02%	0.01%
	S	D	0.01%	0.0%	0.0%
	SAIA	D	0.02%	0.02%	0.02%
	SBUX	B	0.21%	0.26%	0.21%
	SCCO	D	0.02%	0.03%	0.02%
	SCHW	D	0.19%	0.04%	0.04%
	SEE	D	0.01%	0.0%	0.0%
	SHW	B	0.17%	0.28%	0.17%
	SITE	C	0.01%	0.01%	0.01%
	SKX	B	0.02%	0.0%	0.0%
	SMAR	A	0.01%	0.02%	0.01%
	SMCI	F	0.04%	0.13%	0.04%
	SN	A	0.01%	0.0%	0.0%
	SNOW	F	0.07%	0.16%	0.07%
	SNPS	D	0.15%	0.32%	0.15%
	SOFI	D	0.01%	0.0%	0.0%
	SPG	B	0.1%	0.05%	0.05%
	SPOT	C	0.09%	0.19%	0.09%
	SQ	D	0.07%	0.05%	0.05%
	SRPT	D	0.02%	0.05%	0.02%
	SSD	D	0.02%	0.0%	0.0%
	SYK	A	0.22%	0.13%	0.13%
	SYY	A	0.08%	0.09%	0.08%
	TDG	B	0.15%	0.05%	0.05%
	TEAM	F	0.05%	0.1%	0.05%
	TER	D	0.04%	0.07%	0.04%
	TJX	B	0.26%	0.29%	0.26%
	TKO	B	0.02%	0.0%	0.0%
	TOST	D	0.02%	0.04%	0.02%
	TPG	B	0.01%	0.0%	0.0%
	TPL	C	0.04%	0.06%	0.04%
	TPX	D	0.02%	0.03%	0.02%
	TREX	F	0.01%	0.03%	0.01%
	TRGP	A	0.06%	0.11%	0.06%
	TRU	B	0.04%	0.0%	0.0%
	TSCO	B	0.06%	0.11%	0.06%
	TSLA	D	1.1%	2.44%	1.1%
	TT	B	0.16%	0.1%	0.1%
	TTD	B	0.09%	0.15%	0.09%
	TTEK	B	0.02%	0.01%	0.01%
	TW	B	0.03%	0.02%	0.02%
	TWLO	D	0.02%	0.01%	0.01%
	TXN	C	0.37%	0.08%	0.08%
	TXRH	D	0.02%	0.04%	0.02%
	TYL	A	0.05%	0.08%	0.05%
	U	D	0.01%	0.01%	0.01%
	UBER	B	0.28%	0.49%	0.28%
	UHAL	B	0.01%	0.0%	0.0%
	UHAL	B	0.01%	0.01%	0.01%
	UHAL	B	0.0%	0.0%	0.0%
	UHAL	B	0.0%	0.01%	0.0%
	ULTA	D	0.04%	0.06%	0.04%
	UNH	A	1.06%	0.14%	0.14%
	UNP	B	0.3%	0.27%	0.27%
	URI	C	0.09%	0.05%	0.05%
	UWMC	B	0.0%	0.0%	0.0%
	V	A	0.84%	1.58%	0.84%
	VEEV	A	0.06%	0.11%	0.06%
	VKTX	C	0.01%	0.02%	0.01%
	VLTO	B	0.05%	0.04%	0.04%
	VMC	D	0.06%	0.04%	0.04%
	VRSK	C	0.08%	0.14%	0.08%
	VRSN	C	0.03%	0.0%	0.0%
	VRT	F	0.05%	0.11%	0.05%
	VRTX	D	0.25%	0.24%	0.24%
	VST	C	0.06%	0.1%	0.06%
	VVV	D	0.01%	0.02%	0.01%
	WAT	B	0.04%	0.05%	0.04%
	WDAY	C	0.11%	0.18%	0.11%
	WEX	C	0.01%	0.0%	0.0%
	WFRD	F	0.01%	0.03%	0.01%
	WH	A	0.01%	0.0%	0.0%
	WING	C	0.02%	0.04%	0.02%
	WM	D	0.17%	0.31%	0.17%
	WMS	D	0.02%	0.02%	0.02%
	WSC	D	0.01%	0.01%	0.01%
	WSM	D	0.03%	0.04%	0.03%
	WST	D	0.05%	0.05%	0.05%
	WU	C	0.01%	0.0%	0.0%
	WYNN	D	0.01%	0.0%	0.0%
	XPO	D	0.03%	0.05%	0.03%
	YUM	B	0.07%	0.05%	0.05%
	ZBRA	C	0.03%	0.01%	0.01%
	ZS	F	0.03%	0.06%	0.03%
	ZTS	A	0.16%	0.26%	0.16%

GUSA Overweight 611 Positions Relative to VONG

	Symbol	Grade	Weight
	JPM	B	1.24%
	BRK.A	B	1.18%
	XOM	C	1.03%
	JNJ	B	0.77%
	WMT	A	0.65%
	BAC	D	0.53%
	CVX	F	0.48%
	TMO	A	0.46%
	LIN	B	0.44%
	ACN	A	0.44%
	WFC	D	0.39%
	CSCO	B	0.39%
	ABT	A	0.38%
	PM	A	0.37%
	IBM	A	0.35%
	VZ	B	0.34%
	DHR	B	0.34%
	RTX	B	0.32%
	PFE	D	0.32%
	DIS	F	0.32%
	SPGI	A	0.31%
	NEE	A	0.31%
	CMCSA	C	0.3%
	LOW	B	0.27%
	T	A	0.27%
	BLK	B	0.26%
	COP	D	0.26%
	ADI	C	0.23%
	BSX	A	0.23%
	ETN	D	0.23%
	MDT	A	0.22%
	CB	A	0.22%
	C	D	0.22%
	PLD	B	0.22%
	BMY	B	0.2%
	MU	F	0.2%
	DE	B	0.19%
	TMUS	B	0.19%
	GILD	A	0.19%
	ICE	A	0.18%
	MO	A	0.18%
	UPS	F	0.18%
	SO	A	0.18%
	MDLZ	A	0.18%
	MELI	B	0.18%
	DUK	A	0.17%
	INTC	F	0.16%
	EOG	D	0.15%
	PH	B	0.15%
	PYPL	B	0.15%
	CME	A	0.15%
	NOC	B	0.15%
	BDX	D	0.14%
	TGT	B	0.14%
	CVS	F	0.14%
	WELL	A	0.14%
	PNC	B	0.14%
	CSX	D	0.13%
	FDX	D	0.13%
	GD	B	0.13%
	AON	A	0.13%
	USB	B	0.13%
	EMR	D	0.12%
	MPC	D	0.12%
	APD	B	0.12%
	NEM	B	0.12%
	FCX	D	0.12%
	SLB	F	0.12%
	COF	C	0.11%
	WMB	B	0.11%
	DHI	B	0.11%
	MAR	D	0.11%
	AFL	B	0.11%
	CARR	B	0.11%
	NSC	B	0.11%
	GM	B	0.11%
	PSX	D	0.11%
	TFC	B	0.11%
	ROP	C	0.11%
	AIG	D	0.1%
	BK	B	0.1%
	SRE	B	0.1%
	TRV	A	0.1%
	GEV	A	0.1%
	OKE	A	0.1%
	AEP	A	0.1%
	O	A	0.1%
	LHX	C	0.09%
	FIS	A	0.09%
	MET	B	0.09%
	VLO	D	0.09%
	TEL	C	0.09%
	D	A	0.09%
	JCI	C	0.09%
	CCI	A	0.09%
	DLR	D	0.09%
	PCAR	D	0.09%
	OTIS	D	0.08%
	AME	D	0.08%
	CTVA	B	0.08%
	OXY	F	0.08%
	PEG	B	0.08%
	ACGL	B	0.08%
	GIS	A	0.08%
	KVUE	A	0.08%
	CNC	D	0.08%
	PCG	A	0.08%
	KMI	B	0.08%
	A	B	0.08%
	CMI	B	0.08%
	HUM	D	0.08%
	RSG	B	0.08%
	MCHP	D	0.08%
	LEN	B	0.08%
	F	D	0.08%
	PRU	C	0.08%
	FANG	D	0.07%
	CHTR	C	0.07%
	XEL	A	0.07%
	VICI	A	0.07%
	DFS	C	0.07%
	HIG	B	0.07%
	ED	A	0.07%
	KR	C	0.07%
	CBRE	B	0.07%
	BKR	D	0.07%
	NUE	F	0.07%
	EA	C	0.07%
	EXR	B	0.07%
	IR	D	0.07%
	FLUT	A	0.07%
	STZ	B	0.07%
	EXC	A	0.07%
	DOW	D	0.07%
	KDP	A	0.07%
	CTSH	B	0.07%
	GPN	C	0.06%
	FITB	B	0.06%
	WEC	A	0.06%
	BIIB	D	0.06%
	EBAY	A	0.06%
	WAB	B	0.06%
	ADM	D	0.06%
	MTD	C	0.06%
	PPG	D	0.06%
	WTW	A	0.06%
	CSGP	C	0.06%
	AVB	B	0.06%
	DD	C	0.06%
	XYL	D	0.06%
	GLW	C	0.06%
	ON	D	0.06%
	EIX	A	0.06%
	TROW	D	0.05%
	ES	A	0.05%
	STE	A	0.05%
	PPL	A	0.05%
	FE	A	0.05%
	ZBH	D	0.05%
	HPE	D	0.05%
	SBAC	A	0.05%
	SW	D	0.05%
	VTR	A	0.05%
	CHD	A	0.05%
	LYB	D	0.05%
	DOV	C	0.05%
	ETR	A	0.05%
	EQR	B	0.05%
	DTE	B	0.05%
	MRNA	F	0.05%
	STT	B	0.05%
	FTV	D	0.05%
	TTWO	B	0.05%
	IFF	A	0.05%
	NDAQ	A	0.05%
	DAL	D	0.05%
	KEYS	C	0.05%
	NVR	B	0.05%
	AWK	A	0.05%
	ANSS	D	0.05%
	PHM	B	0.05%
	GRMN	B	0.05%
	KHC	A	0.05%
	MTB	B	0.05%
	HAL	F	0.05%
	DVN	F	0.05%
	WRB	B	0.04%
	DG	F	0.04%
	TSN	A	0.04%
	NTRS	B	0.04%
	CTRA	F	0.04%
	ARE	D	0.04%
	PKG	B	0.04%
	MAA	B	0.04%
	J	C	0.04%
	HOLX	A	0.04%
	ESS	B	0.04%
	STX	D	0.04%
	PFG	D	0.04%
	BALL	A	0.04%
	APTV	D	0.04%
	CFG	B	0.04%
	BAX	A	0.04%
	OMC	B	0.04%
	ATO	A	0.04%
	BBY	A	0.04%
	GPC	D	0.04%
	TDY	B	0.04%
	MKC	A	0.04%
	CMS	A	0.04%
	SYF	C	0.04%
	WDC	D	0.04%
	INVH	B	0.04%
	K	A	0.04%
	CINF	B	0.04%
	HUBB	C	0.04%
	ILMN	B	0.04%
	RF	B	0.04%
	HBAN	B	0.04%
	AEE	A	0.04%
	LDOS	B	0.04%
	CBOE	A	0.04%
	WY	C	0.04%
	RJF	D	0.04%
	FSLR	C	0.04%
	FCNCA	C	0.04%
	ELS	A	0.03%
	WPC	A	0.03%
	CPT	B	0.03%
	FLEX	C	0.03%
	IBKR	B	0.03%
	AMH	A	0.03%
	GLPI	A	0.03%
	RNR	A	0.03%
	EVRG	A	0.03%
	UDR	B	0.03%
	ACM	B	0.03%
	USFD	B	0.03%
	NDSN	C	0.03%
	GGG	D	0.03%
	TRMB	D	0.03%
	UAL	C	0.03%
	JBHT	C	0.03%
	BG	D	0.03%
	RGA	B	0.03%
	VTRS	C	0.03%
	PNR	B	0.03%
	OC	D	0.03%
	LNT	A	0.03%
	SNA	D	0.03%
	THC	B	0.03%
	NI	A	0.03%
	UTHR	B	0.03%
	CAG	A	0.03%
	TOL	B	0.03%
	CF	B	0.03%
	L	B	0.03%
	KIM	A	0.03%
	AKAM	D	0.03%
	FNF	B	0.03%
	SWK	B	0.03%
	IEX	D	0.03%
	DOC	B	0.03%
	RS	D	0.03%
	WSO	D	0.03%
	KEY	B	0.03%
	SSNC	B	0.03%
	MRO	C	0.03%
	AMCR	B	0.03%
	SUI	A	0.03%
	CCL	D	0.03%
	IP	B	0.03%
	AVTR	B	0.03%
	DLTR	F	0.03%
	MAS	B	0.03%
	BMRN	D	0.03%
	TXT	D	0.03%
	LUV	A	0.03%
	CNP	D	0.03%
	SWKS	D	0.03%
	WBD	D	0.03%
	DGX	B	0.03%
	STLD	D	0.03%
	ZM	B	0.03%
	CZR	D	0.02%
	CRUS	C	0.02%
	BWA	D	0.02%
	FCN	C	0.02%
	AIT	C	0.02%
	CNH	C	0.02%
	BERY	B	0.02%
	AYI	C	0.02%
	RBC	C	0.02%
	ATI	C	0.02%
	ALSN	B	0.02%
	OGE	B	0.02%
	IOT	A	0.02%
	AXTA	C	0.02%
	MLI	B	0.02%
	HALO	B	0.02%
	WBS	D	0.02%
	MHK	B	0.02%
	PSN	B	0.02%
	KNX	D	0.02%
	ENSG	B	0.02%
	BRX	A	0.02%
	COLD	B	0.02%
	CIEN	B	0.02%
	FMC	C	0.02%
	HSIC	C	0.02%
	PCVX	A	0.02%
	LAD	C	0.02%
	NYT	C	0.02%
	ACI	D	0.02%
	FLR	C	0.02%
	FRT	A	0.02%
	NNN	A	0.02%
	Z	B	0.02%
	SF	C	0.02%
	EVR	B	0.02%
	SOLV	B	0.02%
	DCI	C	0.02%
	X	F	0.02%
	EGP	B	0.02%
	WAL	B	0.02%
	CG	D	0.02%
	CHK	F	0.02%
	FN	C	0.02%
	INGR	A	0.02%
	SNX	D	0.02%
	ORI	B	0.02%
	ARMK	A	0.02%
	GPK	B	0.02%
	EHC	B	0.02%
	MKTX	A	0.02%
	FHN	C	0.02%
	CHRD	F	0.02%
	MOS	F	0.02%
	PRI	B	0.02%
	TPR	B	0.02%
	MGM	F	0.02%
	RGLD	C	0.02%
	HRL	A	0.02%
	GL	B	0.02%
	FOXA	B	0.02%
	TAP	C	0.02%
	CPB	A	0.02%
	AFG	A	0.02%
	RIVN	F	0.02%
	SNAP	F	0.02%
	TTC	D	0.02%
	OHI	A	0.02%
	GMED	C	0.02%
	MTCH	B	0.02%
	DOX	C	0.02%
	AOS	D	0.02%
	PNW	A	0.02%
	HOOD	D	0.02%
	WWD	D	0.02%
	ATR	A	0.02%
	CRL	F	0.02%
	AIZ	B	0.02%
	AFRM	B	0.02%
	COHR	C	0.02%
	SFM	B	0.02%
	QGEN	B	0.02%
	UNM	B	0.02%
	APA	F	0.02%
	WTRG	D	0.02%
	LKQ	D	0.02%
	BJ	D	0.02%
	OVV	F	0.02%
	CACI	B	0.02%
	CCK	A	0.02%
	NWSA	C	0.02%
	QRVO	D	0.02%
	BXP	A	0.02%
	ALB	F	0.02%
	REXR	B	0.02%
	RRX	D	0.02%
	NVT	F	0.02%
	RPRX	B	0.02%
	CTLT	A	0.02%
	HII	B	0.02%
	SCI	B	0.02%
	ITT	C	0.02%
	TFX	A	0.02%
	FTI	D	0.02%
	CUBE	A	0.02%
	TECH	D	0.02%
	EWBC	C	0.02%
	SJM	A	0.02%
	FFIV	B	0.02%
	CHRW	B	0.02%
	REG	A	0.02%
	EMN	C	0.02%
	INSM	C	0.02%
	ALLE	B	0.02%
	CW	B	0.02%
	UHS	B	0.02%
	CLH	C	0.02%
	AES	D	0.02%
	ERIE	A	0.02%
	JNPR	A	0.02%
	HST	D	0.02%
	IPG	B	0.02%
	JKHY	B	0.02%
	YUMC	C	0.02%
	AGR	B	0.01%
	BBIO	B	0.01%
	ADTN	F	0.01%
	ZG	B	0.01%
	DDS	D	0.01%
	COLM	B	0.01%
	CRVL	B	0.01%
	HESM	C	0.01%
	PAG	C	0.01%
	NSA	A	0.01%
	TNET	F	0.01%
	STNG	D	0.01%
	DNB	B	0.01%
	COTY	F	0.01%
	LANC	D	0.01%
	LCID	B	0.01%
	PBF	F	0.01%
	ATKR	F	0.01%
	LSXMK	C	0.01%
	CNXC	C	0.01%
	GFS	F	0.01%
	AMKR	F	0.01%
	ENLC	A	0.01%
	RIG	F	0.01%
	SIG	F	0.01%
	WMG	F	0.01%
	HUN	D	0.01%
	MSM	D	0.01%
	IAC	C	0.01%
	SLAB	D	0.01%
	RYN	B	0.01%
	M	F	0.01%
	W	F	0.01%
	CHWY	B	0.01%
	SWX	D	0.01%
	CPRI	C	0.01%
	SLGN	B	0.01%
	BYD	B	0.01%
	KRC	B	0.01%
	MGY	D	0.01%
	DLB	F	0.01%
	FLO	A	0.01%
	ASGN	D	0.01%
	FFIN	B	0.01%
	ASH	D	0.01%
	HOG	B	0.01%
	PII	D	0.01%
	QLYS	F	0.01%
	ALK	D	0.01%
	AN	C	0.01%
	EEFT	D	0.01%
	OZK	D	0.01%
	WLK	D	0.01%
	TENB	D	0.01%
	SUM	D	0.01%
	AL	D	0.01%
	RMBS	F	0.01%
	GATX	C	0.01%
	JHG	B	0.01%
	MDU	D	0.01%
	ALTR	D	0.01%
	FOX	B	0.01%
	ABG	D	0.01%
	UBSI	B	0.01%
	IDA	A	0.01%
	THG	A	0.01%
	PARA	F	0.01%
	UGI	C	0.01%
	GTLS	F	0.01%
	GBCI	B	0.01%
	HLNE	B	0.01%
	OLN	F	0.01%
	NFG	B	0.01%
	IBP	D	0.01%
	WTS	D	0.01%
	VNT	F	0.01%
	XRAY	D	0.01%
	OPCH	A	0.01%
	HXL	F	0.01%
	EXPO	B	0.01%
	SON	A	0.01%
	SM	D	0.01%
	THO	C	0.01%
	LNC	C	0.01%
	BC	D	0.01%
	PVH	F	0.01%
	SIGI	D	0.01%
	TKR	D	0.01%
	AMG	C	0.01%
	SRCL	A	0.01%
	MUR	F	0.01%
	WHR	D	0.01%
	IVZ	C	0.01%
	MMS	C	0.01%
	VMI	C	0.01%
	AGCO	F	0.01%
	POST	B	0.01%
	OGN	C	0.01%
	GME	C	0.01%
	OMF	D	0.01%
	BPMC	F	0.01%
	ST	D	0.01%
	AA	F	0.01%
	GXO	D	0.01%
	EXLS	B	0.01%
	ESAB	D	0.01%
	ESI	D	0.01%
	CYTK	F	0.01%
	MTSI	D	0.01%
	CHX	D	0.01%
	RHP	D	0.01%
	ONB	C	0.01%
	APG	D	0.01%
	STWD	C	0.01%
	CMC	D	0.01%
	AXS	B	0.01%
	FAF	A	0.01%
	FYBR	A	0.01%
	BEN	F	0.01%
	G	B	0.01%
	RVMD	D	0.01%
	HQY	D	0.01%
	LSTR	D	0.01%
	FLS	C	0.01%
	NOVT	C	0.01%
	MAT	C	0.01%
	WTFC	B	0.01%
	DAR	D	0.01%
	RHI	D	0.01%
	CFR	C	0.01%
	WBA	F	0.01%
	ESNT	B	0.01%
	PB	B	0.01%
	MSA	D	0.01%
	LFUS	C	0.01%
	BIO	A	0.01%
	SAIC	B	0.01%
	SNV	C	0.01%
	LEA	F	0.01%
	RL	A	0.01%
	SEIC	D	0.01%
	CRBG	C	0.01%
	VFC	B	0.01%
	ANF	D	0.01%
	COKE	B	0.01%
	KEX	D	0.01%
	SWN	F	0.01%
	OSK	D	0.01%
	VOYA	B	0.01%
	MTZ	C	0.01%
	JAZZ	D	0.01%
	NOV	F	0.01%
	LNTH	C	0.01%
	BBWI	F	0.01%
	MTH	B	0.01%
	AGNC	A	0.01%
	DINO	F	0.01%
	RRC	F	0.01%
	ZION	C	0.01%
	STAG	B	0.01%
	ADC	A	0.01%
	SPSC	D	0.01%
	GNTX	D	0.01%
	ACHC	B	0.01%
	WCC	D	0.01%
	SSB	B	0.01%
	BRBR	A	0.01%
	UFPI	D	0.01%
	ARW	B	0.01%
	FR	B	0.01%
	MIDD	D	0.01%
	CMA	B	0.01%
	PNFP	B	0.01%
	AR	F	0.01%
	ALV	D	0.01%
	CR	C	0.01%
	ELAN	B	0.01%
	CBSH	B	0.01%
	DTM	B	0.01%
	BLCO	C	0.0%
	CWEN	B	0.0%
	CNA	B	0.0%
	INFA	F	0.0%
	LEN	B	0.0%
	BIRK	F	0.0%
	ALGM	F	0.0%
	KNTK	A	0.0%
	RDDT	D	0.0%
	IMVT	B	0.0%
	REYN	A	0.0%
	LEVI	C	0.0%
	IPGP	F	0.0%
	SIRI	F	0.0%
	RCM	B	0.0%
	NWS	C	0.0%
	CLVT	C	0.0%
	IPAR	D	0.0%
	IGT	C	0.0%
	CWEN	B	0.0%
	RKT	B	0.0%
	EDR	A	0.0%
	BOKF	B	0.0%
	ZI	F	0.0%

GUSA Underweight 26 Positions Relative to VONG

	Symbol	Grade	Weight
	NU	B	-0.15%
	WEN	C	-0.01%
	TXG	D	-0.01%
	LOPE	D	-0.01%
	NCNO	D	-0.01%
	DV	F	-0.01%
	FRPT	B	-0.01%
	AWI	C	-0.01%
	RNG	D	-0.01%
	CERE	A	-0.01%
	PEGA	B	-0.01%
	TDC	F	-0.01%
	FIVN	F	-0.01%
	RARE	B	-0.01%
	PYCR	C	-0.0%
	TRIP	F	-0.0%
	FTRE	F	-0.0%
	CC	F	-0.0%
	MSGS	B	-0.0%
	IRDM	D	-0.0%
	UI	B	-0.0%
	SAM	D	-0.0%
	SPR	D	-0.0%
	CAR	F	-0.0%
	XP	C	-0.0%
	YETI	D	-0.0%

GUSA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Business Services Oil & Gas E&P Software - Infrastructure Asset Management Utilities - Regulated Electric Semiconductors Specialty Retail Diagnostics & Research 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 Real Estate Investment Trust Medicine Mining Semiconductor Telecommunications Dow Jones Component Biotechnology IBD 50 Insurance Products

VONG: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Business Services Specialty Retail Capital Markets Restaurants Building Materials Asset Management Diagnostics & Research Semiconductor Equipment & Materials Semiconductors Aerospace & Defense Diversified Industrials Internet Content & Information Leisure Credit Services Household & Personal Products Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing IBD 50 Cloud Computing Dow Jones Component Medicine Software Insurance Software As A Service Work From Home Cloud Infrastructure Electronics Mobile Devices Semiconductor Natural Gas Operating System Telecommunications Integrated Circuits Retailing