GVUS vs. DGRO ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to iShares Core Dividend Growth ETF (DGRO)

GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

GVUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization value segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$50.44

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$64.18

Average Daily Volume

1,566,922

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	DGRO
30 Days	2.39%	0.76%
60 Days	4.06%	2.66%
90 Days	5.58%	4.46%
12 Months		27.58%

305 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in DGRO	Overlap
	A	D	0.14%	0.06%	0.06%
	ABBV	F	0.65%	2.12%	0.65%
	ABT	B	0.78%	0.87%	0.78%
	ACN	B	0.86%	0.74%	0.74%
	ADI	D	0.4%	0.38%	0.38%
	ADM	D	0.1%	0.2%	0.1%
	ADP	A	0.04%	0.56%	0.04%
	AEE	A	0.09%	0.18%	0.09%
	AEP	C	0.2%	0.4%	0.2%
	AES	F	0.04%	0.09%	0.04%
	AFG	A	0.04%	0.05%	0.04%
	AFL	B	0.24%	0.24%	0.24%
	AGCO	D	0.02%	0.02%	0.02%
	AGO	B	0.02%	0.02%	0.02%
	AIZ	A	0.04%	0.04%	0.04%
	AJG	A	0.23%	0.12%	0.12%
	AL	B	0.02%	0.02%	0.02%
	ALB	B	0.05%	0.05%	0.05%
	ALL	A	0.17%	0.23%	0.17%
	ALLE	C	0.05%	0.04%	0.04%
	AMAT	F	0.04%	0.27%	0.04%
	AME	A	0.17%	0.07%	0.07%
	AMGN	F	0.13%	0.94%	0.13%
	AMP	A	0.02%	0.17%	0.02%
	AON	A	0.29%	0.15%	0.15%
	AOS	F	0.03%	0.03%	0.03%
	APD	A	0.27%	0.41%	0.27%
	APH	A	0.14%	0.14%	0.14%
	ASH	F	0.01%	0.02%	0.01%
	ATO	A	0.08%	0.12%	0.08%
	ATR	B	0.04%	0.03%	0.03%
	AVT	C	0.02%	0.03%	0.02%
	AVY	F	0.04%	0.06%	0.04%
	AWI	A	0.02%	0.01%	0.01%
	AWK	C	0.1%	0.12%	0.1%
	AXP	A	0.39%	0.41%	0.39%
	AXS	A	0.03%	0.04%	0.03%
	BAC	A	1.23%	1.77%	1.23%
	BAX	F	0.06%	0.11%	0.06%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.25%	0.24%	0.24%
	BK	A	0.22%	0.36%	0.22%
	BLK	B	0.6%	0.82%	0.6%
	BMY	B	0.44%	1.29%	0.44%
	BOKF	B	0.01%	0.01%	0.01%
	BPOP	C	0.02%	0.04%	0.02%
	BR	A	0.01%	0.09%	0.01%
	BRO	B	0.06%	0.03%	0.03%
	BWXT	B	0.04%	0.03%	0.03%
	C	A	0.51%	1.17%	0.51%
	CAH	B	0.05%	0.12%	0.05%
	CASY	A	0.05%	0.02%	0.02%
	CAT	B	0.63%	0.72%	0.63%
	CB	C	0.45%	0.32%	0.32%
	CBSH	B	0.03%	0.04%	0.03%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.02%	0.04%	0.02%
	CFR	B	0.03%	0.07%	0.03%
	CGNX	D	0.03%	0.01%	0.01%
	CHD	A	0.1%	0.07%	0.07%
	CHE	D	0.03%	0.01%	0.01%
	CHRW	B	0.05%	0.07%	0.05%
	CINF	A	0.09%	0.13%	0.09%
	CL	D	0.13%	0.33%	0.13%
	CMA	B	0.04%	0.11%	0.04%
	CMCSA	B	0.64%	1.21%	0.64%
	CME	B	0.32%	0.39%	0.32%
	CMI	A	0.19%	0.28%	0.19%
	CMS	C	0.08%	0.14%	0.08%
	COLM	C	0.01%	0.01%	0.01%
	COP	C	0.51%	0.91%	0.51%
	CRI	F	0.01%	0.02%	0.01%
	CSCO	B	0.91%	1.72%	0.91%
	CSL	C	0.07%	0.05%	0.05%
	CSX	C	0.27%	0.23%	0.23%
	CTAS	B	0.01%	0.13%	0.01%
	CTVA	C	0.15%	0.1%	0.1%
	CVX	A	1.08%	2.95%	1.08%
	CW	C	0.05%	0.01%	0.01%
	DCI	B	0.04%	0.03%	0.03%
	DDS	B	0.01%	0.0%	0.0%
	DFS	B	0.17%	0.22%	0.17%
	DG	F	0.06%	0.11%	0.06%
	DGX	A	0.07%	0.08%	0.07%
	DHI	F	0.19%	0.07%	0.07%
	DHR	F	0.58%	0.13%	0.13%
	DKS	D	0.04%	0.06%	0.04%
	DLB	B	0.02%	0.02%	0.02%
	DOV	A	0.11%	0.07%	0.07%
	DPZ	C	0.04%	0.05%	0.04%
	DTE	C	0.1%	0.19%	0.1%
	DUK	C	0.34%	0.71%	0.34%
	EBAY	D	0.12%	0.13%	0.12%
	ECL	D	0.03%	0.13%	0.03%
	ED	C	0.13%	0.24%	0.13%
	EG	C	0.05%	0.08%	0.05%
	EIX	B	0.12%	0.27%	0.12%
	ELV	F	0.31%	0.25%	0.25%
	EMN	C	0.05%	0.09%	0.05%
	EMR	B	0.28%	0.35%	0.28%
	EOG	A	0.3%	0.54%	0.3%
	ES	C	0.08%	0.21%	0.08%
	ETN	A	0.56%	0.41%	0.41%
	ETR	B	0.12%	0.26%	0.12%
	EVR	B	0.04%	0.03%	0.03%
	EWBC	A	0.06%	0.09%	0.06%
	EXPD	C	0.06%	0.05%	0.05%
	FAF	A	0.03%	0.05%	0.03%
	FAST	B	0.03%	0.24%	0.03%
	FBIN	D	0.04%	0.03%	0.03%
	FDS	B	0.05%	0.04%	0.04%
	FIS	C	0.19%	0.19%	0.19%
	FLO	D	0.02%	0.04%	0.02%
	FMC	D	0.03%	0.06%	0.03%
	FNF	B	0.06%	0.12%	0.06%
	G	B	0.03%	0.03%	0.03%
	GD	D	0.31%	0.31%	0.31%
	GGG	B	0.06%	0.04%	0.04%
	GILD	C	0.43%	0.96%	0.43%
	GL	C	0.04%	0.02%	0.02%
	GLW	B	0.14%	0.22%	0.14%
	GNTX	C	0.03%	0.03%	0.03%
	GPC	D	0.07%	0.12%	0.07%
	GRMN	B	0.12%	0.12%	0.12%
	GS	A	0.53%	1.12%	0.53%
	GWW	B	0.03%	0.1%	0.03%
	HCA	F	0.19%	0.1%	0.1%
	HD	B	0.32%	2.24%	0.32%
	HIG	B	0.13%	0.13%	0.13%
	HII	F	0.03%	0.04%	0.03%
	HLI	A	0.03%	0.03%	0.03%
	HON	C	0.49%	0.72%	0.49%
	HPQ	B	0.11%	0.27%	0.11%
	HRB	D	0.03%	0.04%	0.03%
	HRL	D	0.03%	0.07%	0.03%
	HSY	F	0.08%	0.16%	0.08%
	HUBB	B	0.09%	0.07%	0.07%
	HUM	C	0.13%	0.08%	0.08%
	IBM	C	0.73%	1.37%	0.73%
	ICE	C	0.34%	0.23%	0.23%
	IDA	A	0.02%	0.04%	0.02%
	IEX	C	0.07%	0.06%	0.06%
	INGR	C	0.04%	0.05%	0.04%
	IPG	D	0.04%	0.1%	0.04%
	IR	B	0.16%	0.01%	0.01%
	ITT	A	0.05%	0.03%	0.03%
	ITW	B	0.19%	0.42%	0.19%
	J	D	0.07%	0.03%	0.03%
	JBHT	C	0.06%	0.04%	0.04%
	JEF	A	0.04%	0.07%	0.04%
	JKHY	D	0.05%	0.04%	0.04%
	JNJ	C	1.44%	2.54%	1.44%
	JPM	A	2.73%	3.24%	2.73%
	K	A	0.08%	0.14%	0.08%
	KMB	C	0.1%	0.35%	0.1%
	KO	D	0.4%	1.5%	0.4%
	KR	B	0.15%	0.22%	0.15%
	LAD	A	0.04%	0.02%	0.02%
	LECO	C	0.03%	0.04%	0.03%
	LFUS	D	0.02%	0.02%	0.02%
	LHX	C	0.18%	0.22%	0.18%
	LIN	C	0.84%	0.59%	0.59%
	LMT	D	0.3%	0.57%	0.3%
	LNT	A	0.06%	0.12%	0.06%
	LOW	C	0.6%	0.65%	0.6%
	LPX	B	0.01%	0.02%	0.01%
	LSTR	D	0.03%	0.01%	0.01%
	LW	C	0.03%	0.06%	0.03%
	MAN	F	0.01%	0.03%	0.01%
	MAS	D	0.07%	0.06%	0.06%
	MCD	D	0.77%	1.11%	0.77%
	MCHP	F	0.13%	0.18%	0.13%
	MCK	A	0.17%	0.1%	0.1%
	MDLZ	F	0.34%	0.45%	0.34%
	MDT	D	0.44%	0.79%	0.44%
	MDU	D	0.01%	0.02%	0.01%
	MET	A	0.19%	0.33%	0.19%
	MKC	C	0.07%	0.09%	0.07%
	MKTX	D	0.04%	0.03%	0.03%
	MLM	C	0.13%	0.05%	0.05%
	MMC	B	0.37%	0.36%	0.36%
	MOS	F	0.03%	0.07%	0.03%
	MS	A	0.57%	1.46%	0.57%
	MSA	F	0.02%	0.02%	0.02%
	MSCI	C	0.08%	0.12%	0.08%
	MSI	B	0.16%	0.17%	0.16%
	MSM	C	0.01%	0.04%	0.01%
	MTB	A	0.14%	0.27%	0.14%
	MTG	C	0.03%	0.03%	0.03%
	NDAQ	A	0.13%	0.09%	0.09%
	NDSN	B	0.06%	0.04%	0.04%
	NEE	C	0.61%	0.88%	0.61%
	NFG	A	0.02%	0.04%	0.02%
	NI	A	0.06%	0.12%	0.06%
	NKE	F	0.14%	0.39%	0.14%
	NOC	D	0.26%	0.26%	0.26%
	NSC	B	0.23%	0.29%	0.23%
	NTAP	C	0.05%	0.1%	0.05%
	NTRS	A	0.08%	0.17%	0.08%
	NUE	C	0.14%	0.13%	0.13%
	NVT	B	0.05%	0.03%	0.03%
	NXST	C	0.01%	0.05%	0.01%
	NYT	D	0.03%	0.02%	0.02%
	OC	A	0.07%	0.06%	0.06%
	OLED	F	0.01%	0.01%	0.01%
	OMC	C	0.07%	0.12%	0.07%
	ORI	A	0.04%	0.07%	0.04%
	OSK	C	0.03%	0.03%	0.03%
	OTIS	C	0.16%	0.15%	0.15%
	OVV	B	0.05%	0.08%	0.05%
	OZK	B	0.02%	0.05%	0.02%
	PAG	B	0.01%	0.02%	0.01%
	PB	B	0.03%	0.06%	0.03%
	PCAR	B	0.22%	0.17%	0.17%
	PEG	A	0.17%	0.3%	0.17%
	PEP	F	0.18%	1.53%	0.18%
	PFG	D	0.08%	0.17%	0.08%
	PG	C	1.21%	2.11%	1.21%
	PH	A	0.35%	0.23%	0.23%
	PHM	D	0.1%	0.04%	0.04%
	PII	F	0.01%	0.03%	0.01%
	PNC	B	0.32%	0.68%	0.32%
	PNR	A	0.07%	0.04%	0.04%
	PNW	A	0.04%	0.09%	0.04%
	PPG	F	0.11%	0.14%	0.11%
	PRGO	C	0.01%	0.03%	0.01%
	PRI	B	0.04%	0.03%	0.03%
	PSX	C	0.21%	0.46%	0.21%
	PWR	A	0.13%	0.02%	0.02%
	QCOM	F	0.04%	0.83%	0.04%
	R	B	0.03%	0.04%	0.03%
	RGA	A	0.06%	0.06%	0.06%
	RGLD	C	0.04%	0.02%	0.02%
	RHI	C	0.03%	0.06%	0.03%
	RJF	A	0.12%	0.11%	0.11%
	RLI	A	0.03%	0.01%	0.01%
	RMD	C	0.1%	0.07%	0.07%
	RNR	C	0.05%	0.02%	0.02%
	ROK	C	0.12%	0.15%	0.12%
	ROP	B	0.23%	0.07%	0.07%
	ROST	D	0.14%	0.1%	0.1%
	RPM	A	0.05%	0.06%	0.05%
	RRX	B	0.04%	0.02%	0.02%
	RS	B	0.07%	0.06%	0.06%
	RSG	A	0.17%	0.1%	0.1%
	RTX	D	0.61%	0.76%	0.61%
	SBUX	A	0.1%	0.59%	0.1%
	SCI	B	0.05%	0.04%	0.04%
	SEIC	B	0.03%	0.03%	0.03%
	SF	B	0.04%	0.05%	0.04%
	SHW	B	0.03%	0.16%	0.03%
	SIRI	C	0.02%	0.01%	0.01%
	SJM	D	0.04%	0.1%	0.04%
	SLGN	A	0.02%	0.02%	0.02%
	SNA	A	0.07%	0.12%	0.07%
	SNX	D	0.03%	0.02%	0.02%
	SO	C	0.37%	0.71%	0.37%
	SON	F	0.02%	0.04%	0.02%
	SPGI	C	0.61%	0.25%	0.25%
	SRE	A	0.23%	0.4%	0.23%
	SSD	F	0.03%	0.01%	0.01%
	SSNC	B	0.06%	0.05%	0.05%
	STE	D	0.08%	0.04%	0.04%
	STLD	B	0.08%	0.08%	0.08%
	STT	B	0.11%	0.22%	0.11%
	STZ	D	0.15%	0.14%	0.14%
	SWK	D	0.05%	0.1%	0.05%
	SWKS	F	0.05%	0.08%	0.05%
	SYF	B	0.1%	0.13%	0.1%
	SYK	B	0.39%	0.28%	0.28%
	SYY	D	0.06%	0.23%	0.06%
	TGT	F	0.27%	0.49%	0.27%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.02%	0.02%	0.02%
	TKR	D	0.02%	0.02%	0.02%
	TMO	F	0.76%	0.11%	0.11%
	TRV	B	0.23%	0.25%	0.23%
	TT	A	0.24%	0.2%	0.2%
	TTC	C	0.03%	0.03%	0.03%
	TTEK	F	0.03%	0.01%	0.01%
	UNH	B	1.98%	1.77%	1.77%
	UNM	A	0.05%	0.08%	0.05%
	UNP	C	0.29%	0.71%	0.29%
	UPS	C	0.38%	1.13%	0.38%
	VMC	B	0.11%	0.07%	0.07%
	VOYA	B	0.03%	0.05%	0.03%
	WAL	B	0.04%	0.04%	0.04%
	WEC	A	0.12%	0.25%	0.12%
	WLK	D	0.02%	0.02%	0.02%
	WMS	F	0.02%	0.01%	0.01%
	WMT	A	1.42%	0.88%	0.88%
	WRB	A	0.07%	0.02%	0.02%
	WSM	C	0.03%	0.06%	0.03%
	WSO	A	0.07%	0.1%	0.07%
	WST	C	0.03%	0.01%	0.01%
	WTFC	A	0.03%	0.04%	0.03%
	WTRG	B	0.04%	0.07%	0.04%
	WTW	B	0.12%	0.09%	0.09%
	XEL	A	0.15%	0.3%	0.15%
	XOM	B	2.08%	3.04%	2.08%
	XRAY	F	0.01%	0.02%	0.01%
	XYL	D	0.11%	0.07%	0.07%
	YUM	D	0.09%	0.17%	0.09%
	ZION	B	0.03%	0.07%	0.03%
	ZTS	D	0.05%	0.17%	0.05%

GVUS Overweight 531 Positions Relative to DGRO

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	WFC	A	1.01%
	DIS	B	0.82%
	PM	B	0.78%
	VZ	C	0.68%
	TXN	C	0.63%
	T	A	0.63%
	GE	D	0.59%
	PFE	F	0.55%
	BSX	A	0.5%
	TMUS	B	0.44%
	SCHW	B	0.42%
	PLD	F	0.41%
	MU	D	0.41%
	INTC	C	0.4%
	DE	B	0.39%
	MO	A	0.37%
	GEV	B	0.35%
	PYPL	B	0.34%
	CI	D	0.32%
	WELL	A	0.32%
	FI	A	0.32%
	EQIX	A	0.31%
	BA	F	0.31%
	USB	A	0.3%
	AMD	F	0.29%
	KKR	A	0.28%
	REGN	F	0.28%
	WMB	A	0.27%
	MRVL	B	0.27%
	COF	C	0.27%
	FDX	B	0.26%
	CVS	D	0.26%
	GM	C	0.25%
	MAR	A	0.25%
	OKE	A	0.25%
	FCX	F	0.24%
	SLB	C	0.24%
	TFC	A	0.24%
	CARR	C	0.24%
	DLR	B	0.23%
	MMM	D	0.23%
	CEG	C	0.23%
	VRTX	D	0.23%
	MPC	D	0.22%
	TJX	A	0.22%
	JCI	B	0.22%
	KMI	A	0.21%
	TDG	D	0.21%
	D	C	0.19%
	O	C	0.19%
	AIG	B	0.19%
	MSTR	B	0.19%
	PCG	A	0.18%
	CCI	C	0.18%
	KVUE	A	0.18%
	PRU	A	0.18%
	CRM	B	0.18%
	NEM	D	0.18%
	HWM	A	0.17%
	BKR	A	0.17%
	EA	A	0.17%
	F	C	0.17%
	SPG	A	0.17%
	URI	C	0.17%
	PSA	C	0.17%
	VLO	C	0.17%
	CBRE	B	0.16%
	LEN	D	0.16%
	DAL	B	0.16%
	CTSH	B	0.15%
	EXC	C	0.15%
	GIS	D	0.14%
	KDP	F	0.14%
	RCL	A	0.14%
	ACGL	C	0.14%
	CHTR	C	0.14%
	AVB	B	0.13%
	GEHC	D	0.13%
	EW	C	0.13%
	VICI	C	0.13%
	FANG	C	0.13%
	OXY	D	0.13%
	DD	C	0.13%
	WAB	B	0.13%
	EXR	C	0.13%
	HLT	A	0.12%
	TTWO	A	0.12%
	UAL	A	0.12%
	DELL	B	0.12%
	CNC	D	0.12%
	IQV	F	0.12%
	DOW	F	0.12%
	FITB	B	0.12%
	SQ	A	0.11%
	HPE	B	0.11%
	KHC	F	0.11%
	EQR	C	0.11%
	ON	D	0.11%
	CSGP	D	0.11%
	ANSS	B	0.11%
	PAYX	B	0.11%
	GPN	B	0.11%
	MTD	F	0.1%
	PPL	A	0.1%
	NVR	D	0.1%
	HBAN	A	0.1%
	VTR	B	0.1%
	KEYS	A	0.1%
	TROW	B	0.1%
	HAL	C	0.1%
	FTV	C	0.1%
	SW	A	0.1%
	FCNCA	A	0.1%
	IFF	D	0.09%
	WBD	B	0.09%
	WY	F	0.09%
	ZBH	C	0.09%
	PGR	A	0.09%
	BIIB	F	0.09%
	EQT	B	0.09%
	SBAC	D	0.09%
	FE	C	0.09%
	LNG	A	0.09%
	RF	A	0.09%
	DVN	F	0.09%
	CCL	A	0.09%
	EFX	F	0.09%
	ESS	B	0.08%
	LUV	C	0.08%
	CNP	A	0.08%
	LH	B	0.08%
	BBY	D	0.08%
	IP	A	0.08%
	FSLR	F	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	PKG	A	0.08%
	CBOE	C	0.08%
	ZM	C	0.08%
	CFG	B	0.08%
	HOOD	B	0.08%
	APO	B	0.08%
	LYB	F	0.08%
	ILMN	C	0.08%
	TDY	B	0.08%
	LDOS	C	0.08%
	RBA	A	0.07%
	TRMB	B	0.07%
	TRU	D	0.07%
	KEY	B	0.07%
	TSN	B	0.07%
	HOLX	D	0.07%
	ARE	F	0.07%
	MAA	B	0.07%
	BALL	F	0.07%
	IBKR	A	0.07%
	CTRA	B	0.07%
	BLDR	D	0.07%
	EVRG	A	0.06%
	VRSN	C	0.06%
	IRM	C	0.06%
	HES	B	0.06%
	APTV	F	0.06%
	ACM	B	0.06%
	UDR	B	0.06%
	AMCR	C	0.06%
	THC	D	0.06%
	DOC	C	0.06%
	USFD	A	0.06%
	MKL	A	0.06%
	L	A	0.06%
	VTRS	A	0.06%
	ZBRA	B	0.06%
	SUI	C	0.06%
	TXT	D	0.06%
	TOL	B	0.06%
	CF	A	0.06%
	UTHR	C	0.06%
	MRO	B	0.06%
	GEN	B	0.06%
	KIM	A	0.06%
	CVNA	B	0.06%
	Z	A	0.05%
	UHS	D	0.05%
	JNPR	D	0.05%
	SOFI	B	0.05%
	MRNA	F	0.05%
	BMRN	F	0.05%
	NTNX	B	0.05%
	FTI	A	0.05%
	HST	C	0.05%
	WPC	C	0.05%
	EPAM	B	0.05%
	CLH	C	0.05%
	CPT	B	0.05%
	BXP	C	0.05%
	AMH	C	0.05%
	CAG	F	0.05%
	BG	D	0.05%
	AFRM	A	0.05%
	COHR	B	0.05%
	GLPI	C	0.05%
	JBL	C	0.05%
	TPR	B	0.05%
	AKAM	D	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	RVTY	F	0.05%
	TWLO	A	0.05%
	REG	A	0.05%
	FFIV	B	0.05%
	EME	A	0.05%
	VLTO	C	0.05%
	AVTR	F	0.05%
	TFX	F	0.04%
	TW	A	0.04%
	WCC	B	0.04%
	GMED	A	0.04%
	QGEN	D	0.04%
	REXR	F	0.04%
	FRT	B	0.04%
	SOLV	D	0.04%
	BRBR	A	0.04%
	DRI	B	0.04%
	EL	F	0.04%
	PNFP	B	0.04%
	AYI	B	0.04%
	CNH	C	0.04%
	CIEN	C	0.04%
	DOX	D	0.04%
	COIN	C	0.04%
	CRL	D	0.04%
	EHC	B	0.04%
	DTM	A	0.04%
	DAY	B	0.04%
	OHI	C	0.04%
	GME	C	0.04%
	ARMK	B	0.04%
	RPRX	D	0.04%
	BLD	D	0.04%
	WWD	C	0.04%
	LKQ	F	0.04%
	BKNG	A	0.04%
	WBS	A	0.04%
	ALSN	B	0.04%
	CACI	D	0.04%
	FOXA	A	0.04%
	TECH	F	0.04%
	CCK	D	0.04%
	CTLT	C	0.04%
	CUBE	C	0.04%
	PFGC	B	0.04%
	NWSA	A	0.04%
	FTNT	C	0.04%
	TAP	C	0.04%
	AA	A	0.04%
	CG	B	0.04%
	FHN	A	0.04%
	NRG	B	0.04%
	INCY	C	0.04%
	KMX	B	0.04%
	BJ	A	0.04%
	COLB	B	0.03%
	IVZ	B	0.03%
	KBR	F	0.03%
	BILL	A	0.03%
	ALGN	D	0.03%
	STAG	D	0.03%
	AGNC	C	0.03%
	MKSI	C	0.03%
	VMI	B	0.03%
	ALK	B	0.03%
	WEX	D	0.03%
	DAR	C	0.03%
	DINO	D	0.03%
	FND	D	0.03%
	MTSI	B	0.03%
	FCN	F	0.03%
	ELAN	D	0.03%
	GXO	B	0.03%
	ATI	C	0.03%
	FR	D	0.03%
	COKE	C	0.03%
	ESAB	C	0.03%
	WH	B	0.03%
	VNO	C	0.03%
	VFC	C	0.03%
	BBWI	C	0.03%
	MIDD	C	0.03%
	PR	B	0.03%
	LBRDK	C	0.03%
	ROKU	D	0.03%
	JAZZ	B	0.03%
	MNST	C	0.03%
	KEX	B	0.03%
	DASH	B	0.03%
	MHK	D	0.03%
	SKX	D	0.03%
	ADC	A	0.03%
	NNN	C	0.03%
	BERY	C	0.03%
	CRBG	B	0.03%
	FLS	B	0.03%
	RIVN	F	0.03%
	CHRD	D	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	ACI	C	0.03%
	BWA	D	0.03%
	CZR	F	0.03%
	X	B	0.03%
	APG	B	0.03%
	RL	C	0.03%
	APA	D	0.03%
	TKO	A	0.03%
	SNV	C	0.03%
	FICO	B	0.03%
	LAMR	C	0.03%
	WAT	C	0.03%
	EGP	D	0.03%
	CPB	D	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	ALLY	C	0.03%
	JLL	D	0.03%
	OGE	A	0.03%
	FYBR	C	0.03%
	GWRE	A	0.03%
	GPK	C	0.03%
	WYNN	C	0.03%
	BRX	A	0.03%
	MGM	D	0.03%
	KNX	C	0.03%
	AAL	B	0.03%
	HSIC	C	0.03%
	PTC	B	0.03%
	AR	B	0.03%
	RBC	A	0.03%
	AXTA	B	0.03%
	OGN	F	0.02%
	NWL	C	0.02%
	SITE	F	0.02%
	WTM	A	0.02%
	HOG	D	0.02%
	TPG	A	0.02%
	PAYC	B	0.02%
	AN	C	0.02%
	M	F	0.02%
	GTES	A	0.02%
	KMPR	A	0.02%
	GAP	C	0.02%
	EEFT	B	0.02%
	RYN	D	0.02%
	PSN	D	0.02%
	WSC	F	0.02%
	AZO	C	0.02%
	KRC	B	0.02%
	CUZ	B	0.02%
	DBX	B	0.02%
	ST	F	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	FRPT	A	0.02%
	HXL	F	0.02%
	SEE	C	0.02%
	OLN	F	0.02%
	BYD	B	0.02%
	UGI	C	0.02%
	BFAM	D	0.02%
	POST	C	0.02%
	GNRC	C	0.02%
	SLM	A	0.02%
	SN	D	0.02%
	LEA	F	0.02%
	LITE	B	0.02%
	CRUS	D	0.02%
	EXAS	D	0.02%
	ORLY	B	0.02%
	RGEN	D	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	FOX	A	0.02%
	JHG	B	0.02%
	H	B	0.02%
	ONTO	F	0.02%
	SAIA	B	0.02%
	PVH	C	0.02%
	FNB	A	0.02%
	XP	F	0.02%
	VNT	C	0.02%
	STWD	C	0.02%
	WHR	B	0.02%
	AMG	B	0.02%
	S	B	0.02%
	WBA	F	0.02%
	BIO	C	0.02%
	ARW	D	0.02%
	MTDR	B	0.02%
	COLD	D	0.02%
	BEN	C	0.02%
	ESI	B	0.02%
	LNC	C	0.02%
	NOV	C	0.02%
	OKTA	C	0.02%
	MOH	F	0.02%
	OMF	A	0.02%
	QRVO	F	0.02%
	KD	B	0.02%
	SAIC	F	0.02%
	MAT	D	0.02%
	PARA	C	0.02%
	TER	F	0.01%
	SNDR	B	0.01%
	TRIP	F	0.01%
	REYN	D	0.01%
	FTRE	D	0.01%
	QS	F	0.01%
	WEN	D	0.01%
	LEG	F	0.01%
	EXEL	B	0.01%
	CNXC	F	0.01%
	UA	C	0.01%
	LCID	F	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	SHC	F	0.01%
	ADTN	A	0.01%
	LEN	D	0.01%
	VSTS	C	0.01%
	RKT	F	0.01%
	PPC	C	0.01%
	AZEK	A	0.01%
	BRKR	D	0.01%
	PSTG	D	0.01%
	GO	C	0.01%
	KSS	F	0.01%
	ETSY	D	0.01%
	LYFT	C	0.01%
	MP	C	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	UAA	C	0.01%
	RCM	A	0.01%
	AAP	D	0.01%
	SAM	C	0.01%
	AZTA	D	0.01%
	YETI	D	0.01%
	ULTA	F	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	HHH	B	0.01%
	CPRI	F	0.01%
	CNM	D	0.01%
	CWEN	C	0.01%
	EXP	B	0.01%
	JWN	D	0.01%
	HAYW	B	0.01%
	ENOV	C	0.01%
	MPW	F	0.01%
	SPB	C	0.01%
	BROS	A	0.01%
	CC	C	0.01%
	AGR	A	0.01%
	CXT	C	0.01%
	COTY	F	0.01%
	VIRT	A	0.01%
	AMKR	D	0.01%
	U	C	0.01%
	AMED	F	0.01%
	WU	F	0.01%
	PK	C	0.01%
	IRDM	D	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	NSA	C	0.01%
	LOPE	C	0.01%
	SMG	C	0.01%
	VAC	C	0.01%
	ZI	D	0.01%
	HUN	F	0.01%
	MASI	B	0.01%
	ZG	A	0.01%
	EPR	C	0.01%
	ALNY	D	0.01%
	CPRT	B	0.01%
	BHF	C	0.01%
	ACHC	F	0.01%
	AM	A	0.01%
	FHB	B	0.01%
	CLF	F	0.01%
	UHAL	D	0.01%
	IAC	F	0.01%
	HIW	C	0.01%
	NVST	B	0.01%
	W	D	0.01%
	NWS	A	0.01%
	NEU	D	0.01%
	GFS	C	0.01%
	TNL	A	0.01%
	CIVI	D	0.01%
	TYL	B	0.01%
	MSGS	A	0.01%
	DNB	B	0.01%
	DXC	B	0.01%
	PLNT	A	0.01%
	RH	C	0.01%
	SEG	B	0.0%
	UWMC	D	0.0%
	IONS	F	0.0%
	TXG	F	0.0%
	CACC	D	0.0%
	DJT	C	0.0%
	SEB	F	0.0%
	PATH	C	0.0%
	PYCR	B	0.0%
	HCP	B	0.0%
	WOLF	F	0.0%
	CERT	F	0.0%
	LSCC	D	0.0%
	TFSL	A	0.0%
	FIVE	F	0.0%
	MTN	C	0.0%
	CAR	C	0.0%
	CNA	C	0.0%
	HAS	D	0.0%
	INFA	D	0.0%
	LBRDA	C	0.0%
	CWEN	C	0.0%
	DV	C	0.0%
	NCNO	C	0.0%

GVUS Underweight 107 Positions Relative to DGRO

	Symbol	Grade	Weight
	MSFT	D	-2.83%
	AAPL	C	-2.79%
	AVGO	D	-2.28%
	MRK	D	-1.49%
	V	A	-0.86%
	LLY	F	-0.81%
	ORCL	A	-0.68%
	MA	B	-0.53%
	COST	A	-0.47%
	WM	B	-0.26%
	INTU	B	-0.25%
	LRCX	F	-0.22%
	NXPI	D	-0.22%
	ARES	A	-0.19%
	TEL	B	-0.19%
	FERG	B	-0.16%
	KLAC	F	-0.15%
	MCO	B	-0.12%
	TSCO	D	-0.11%
	VST	A	-0.11%
	COR	B	-0.08%
	BAH	F	-0.06%
	EQH	C	-0.06%
	TXRH	B	-0.05%
	GBCI	B	-0.05%
	POR	C	-0.05%
	VRSK	A	-0.05%
	ODFL	C	-0.05%
	TPL	A	-0.04%
	LII	A	-0.04%
	TXNM	A	-0.04%
	NJR	A	-0.04%
	SR	A	-0.04%
	HOMB	A	-0.04%
	POOL	C	-0.04%
	SSB	B	-0.04%
	LCII	C	-0.03%
	ESNT	F	-0.03%
	UCB	A	-0.03%
	CATY	B	-0.03%
	FFIN	B	-0.03%
	KTB	B	-0.03%
	OGS	A	-0.03%
	MPWR	F	-0.03%
	AWR	B	-0.02%
	NSP	F	-0.02%
	LANC	C	-0.02%
	HI	C	-0.02%
	CADE	B	-0.02%
	MGEE	B	-0.02%
	SFBS	C	-0.02%
	OTTR	C	-0.02%
	AIT	B	-0.02%
	UMBF	B	-0.02%
	CNO	B	-0.02%
	WD	D	-0.02%
	GATX	A	-0.02%
	UFPI	C	-0.02%
	SIGI	C	-0.02%
	HLNE	B	-0.02%
	FBP	C	-0.02%
	ERIE	D	-0.02%
	AVNT	B	-0.02%
	CBT	D	-0.02%
	WING	D	-0.01%
	AMTM	D	-0.01%
	KWR	C	-0.01%
	GOLF	B	-0.01%
	AIN	C	-0.01%
	BCPC	B	-0.01%
	CHDN	B	-0.01%
	BCC	B	-0.01%
	GPI	B	-0.01%
	AAON	B	-0.01%
	BRC	D	-0.01%
	IOSP	C	-0.01%
	WHD	B	-0.01%
	BMI	B	-0.01%
	FELE	B	-0.01%
	FUL	F	-0.01%
	BANF	B	-0.01%
	POWI	F	-0.01%
	JJSF	C	-0.01%
	TEX	F	-0.01%
	MORN	B	-0.01%
	ECG	C	-0.01%
	MGRC	B	-0.01%
	WTS	B	-0.01%
	RUSHA	C	-0.01%
	EXPO	D	-0.01%
	FCFS	F	-0.01%
	WDFC	B	-0.01%
	FIX	A	-0.01%
	SHOO	F	-0.01%
	IPAR	B	-0.01%
	MATX	C	-0.01%
	ABM	B	-0.01%
	CWT	C	-0.01%
	RUSHB	C	-0.0%
	ENSG	C	-0.0%
	HEI	A	-0.0%
	KNSL	B	-0.0%
	NNI	D	-0.0%
	HEI	A	-0.0%
	CSWI	B	-0.0%
	WOR	F	-0.0%
	KAI	B	-0.0%

GVUS: Top Represented Industries & Keywords

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

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

DGRO: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Specialty Chemicals Business Services Capital Markets Insurance - Property & Casualty Asset Management Packaged Foods Building Materials Semiconductors Aerospace & Defense Credit Services Drug Manufacturers - Major Insurance - Life Insurance Brokers Medical Instruments & Supplies Restaurants Tools & Accessories Utilities - Diversified

Keywords: S&P 500 Insurance Natural Gas Nasdaq 100 Chemical Electronics Banking Bank Electricity Mining Dow Jones Component Insurance Products Aerospace Plastic Investment Bank Beverage Commercial Banking Financial Products Building Materials Disability