GVUS vs. FEX ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to First Trust Large Cap Core AlphaDEX (FEX)

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

$50.87

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	FEX
30 Days	2.39%	6.62%
60 Days	4.06%	8.07%
90 Days	5.58%	10.60%
12 Months		33.47%

321 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in FEX	Overlap
ABT	B	0.78%	0.09%	0.09%
ACGL	D	0.14%	0.29%	0.14%
ACN	C	0.86%	0.08%	0.08%
ADM	D	0.1%	0.37%	0.1%
AEE	A	0.09%	0.36%	0.09%
AEP	D	0.2%	0.32%	0.2%
AFL	B	0.24%	0.34%	0.24%
AIG	B	0.19%	0.35%	0.19%
AJG	B	0.23%	0.18%	0.18%
AKAM	D	0.05%	0.29%	0.05%
ALL	A	0.17%	0.45%	0.17%
ALLY	C	0.03%	0.34%	0.03%
ALNY	D	0.01%	0.29%	0.01%
AMGN	D	0.13%	0.07%	0.07%
AMP	A	0.02%	0.31%	0.02%
AON	A	0.29%	0.09%	0.09%
APD	A	0.27%	0.19%	0.19%
APH	A	0.14%	0.09%	0.09%
APO	B	0.08%	0.22%	0.08%
APTV	D	0.06%	0.31%	0.06%
ARE	D	0.07%	0.15%	0.07%
ATO	A	0.08%	0.36%	0.08%
AVB	B	0.13%	0.09%	0.09%
AVY	D	0.04%	0.08%	0.04%
AWK	D	0.1%	0.16%	0.1%
AXP	A	0.39%	0.45%	0.39%
AZO	C	0.02%	0.08%	0.02%
BAC	A	1.23%	0.3%	0.3%
BBY	D	0.08%	0.22%	0.08%
BDX	F	0.25%	0.08%	0.08%
BG	F	0.05%	0.4%	0.05%
BIIB	F	0.09%	0.21%	0.09%
BK	A	0.22%	0.46%	0.22%
BKNG	A	0.04%	0.3%	0.04%
BKR	B	0.17%	0.4%	0.17%
BLD	D	0.04%	0.07%	0.04%
BLDR	D	0.07%	0.31%	0.07%
BLK	C	0.6%	0.09%	0.09%
BR	A	0.01%	0.18%	0.01%
BRK.A	B	3.35%	0.26%	0.26%
BRO	B	0.06%	0.36%	0.06%
BSX	B	0.5%	0.27%	0.27%
C	A	0.51%	0.37%	0.37%
CAG	D	0.05%	0.07%	0.05%
CARR	D	0.24%	0.23%	0.23%
CASY	A	0.05%	0.27%	0.05%
CAT	B	0.63%	0.25%	0.25%
CB	C	0.45%	0.34%	0.34%
CBOE	B	0.08%	0.09%	0.08%
CCI	D	0.18%	0.07%	0.07%
CCL	B	0.09%	0.45%	0.09%
CE	F	0.02%	0.23%	0.02%
CEG	D	0.23%	0.3%	0.23%
CF	B	0.06%	0.43%	0.06%
CFG	B	0.08%	0.38%	0.08%
CHTR	C	0.14%	0.3%	0.14%
CI	F	0.32%	0.16%	0.16%
CINF	A	0.09%	0.47%	0.09%
CL	D	0.13%	0.15%	0.13%
CMCSA	B	0.64%	0.44%	0.44%
CMI	A	0.19%	0.19%	0.19%
CMS	C	0.08%	0.25%	0.08%
CNC	D	0.12%	0.33%	0.12%
CNP	B	0.08%	0.36%	0.08%
COF	B	0.27%	0.41%	0.27%
COIN	C	0.04%	0.15%	0.04%
COP	C	0.51%	0.46%	0.46%
CPB	D	0.03%	0.15%	0.03%
CRBG	B	0.03%	0.36%	0.03%
CSCO	B	0.91%	0.27%	0.27%
CSL	C	0.07%	0.17%	0.07%
CSX	B	0.27%	0.26%	0.26%
CTAS	B	0.01%	0.36%	0.01%
CTRA	B	0.07%	0.46%	0.07%
CTSH	B	0.15%	0.42%	0.15%
CTVA	C	0.15%	0.16%	0.15%
CVNA	B	0.06%	0.48%	0.06%
CVS	D	0.26%	0.38%	0.26%
CVX	A	1.08%	0.46%	0.46%
D	C	0.19%	0.25%	0.19%
DAL	C	0.16%	0.53%	0.16%
DASH	A	0.03%	0.41%	0.03%
DD	D	0.13%	0.16%	0.13%
DE	A	0.39%	0.25%	0.25%
DELL	C	0.12%	0.19%	0.12%
DG	F	0.06%	0.31%	0.06%
DGX	A	0.07%	0.35%	0.07%
DHI	D	0.19%	0.36%	0.19%
DIS	B	0.82%	0.2%	0.2%
DOC	D	0.06%	0.15%	0.06%
DOV	A	0.11%	0.09%	0.09%
DOW	F	0.12%	0.21%	0.12%
DRI	B	0.04%	0.17%	0.04%
DTE	C	0.1%	0.32%	0.1%
DUK	C	0.34%	0.33%	0.33%
DVN	F	0.09%	0.42%	0.09%
EBAY	D	0.12%	0.32%	0.12%
ECL	D	0.03%	0.16%	0.03%
ED	D	0.13%	0.31%	0.13%
EFX	F	0.09%	0.21%	0.09%
EG	C	0.05%	0.4%	0.05%
EIX	B	0.12%	0.25%	0.12%
ELV	F	0.31%	0.2%	0.2%
EME	C	0.05%	0.49%	0.05%
EMR	A	0.28%	0.1%	0.1%
EOG	A	0.3%	0.47%	0.3%
EQIX	A	0.31%	0.09%	0.09%
EQR	B	0.11%	0.25%	0.11%
EQT	B	0.09%	0.41%	0.09%
ESS	B	0.08%	0.09%	0.08%
ETN	A	0.56%	0.18%	0.18%
ETR	B	0.12%	0.38%	0.12%
EXC	C	0.15%	0.33%	0.15%
EXPD	D	0.06%	0.08%	0.06%
EXR	D	0.13%	0.15%	0.13%
F	C	0.17%	0.45%	0.17%
FANG	D	0.13%	0.45%	0.13%
FCNCA	A	0.1%	0.4%	0.1%
FCX	D	0.24%	0.07%	0.07%
FDX	B	0.26%	0.37%	0.26%
FE	C	0.09%	0.16%	0.09%
FI	A	0.32%	0.4%	0.32%
FICO	B	0.03%	0.5%	0.03%
FITB	A	0.12%	0.28%	0.12%
FNF	B	0.06%	0.17%	0.06%
FOXA	B	0.04%	0.45%	0.04%
FSLR	F	0.08%	0.27%	0.08%
FTNT	C	0.04%	0.3%	0.04%
FTV	C	0.1%	0.16%	0.1%
GD	F	0.31%	0.16%	0.16%
GE	D	0.59%	0.32%	0.32%
GEHC	F	0.13%	0.07%	0.07%
GEN	B	0.06%	0.36%	0.06%
GIS	D	0.14%	0.22%	0.14%
GLPI	C	0.05%	0.08%	0.05%
GM	B	0.25%	0.53%	0.25%
GPC	D	0.07%	0.23%	0.07%
GRMN	B	0.12%	0.3%	0.12%
GS	A	0.53%	0.5%	0.5%
GWW	B	0.03%	0.29%	0.03%
HAL	C	0.1%	0.44%	0.1%
HBAN	A	0.1%	0.41%	0.1%
HCA	F	0.19%	0.35%	0.19%
HD	A	0.32%	0.09%	0.09%
HIG	B	0.13%	0.34%	0.13%
HLT	A	0.12%	0.27%	0.12%
HOLX	D	0.07%	0.16%	0.07%
HOOD	B	0.08%	0.38%	0.08%
HPE	B	0.11%	0.44%	0.11%
HPQ	B	0.11%	0.09%	0.09%
HRL	D	0.03%	0.24%	0.03%
HSY	F	0.08%	0.15%	0.08%
HUBB	B	0.09%	0.18%	0.09%
HUM	C	0.13%	0.22%	0.13%
HWM	A	0.17%	0.48%	0.17%
IBM	C	0.73%	0.32%	0.32%
ICE	C	0.34%	0.25%	0.25%
IEX	B	0.07%	0.18%	0.07%
INTC	D	0.4%	0.36%	0.36%
IP	B	0.08%	0.4%	0.08%
IQV	D	0.12%	0.07%	0.07%
IR	B	0.16%	0.18%	0.16%
IRM	D	0.06%	0.41%	0.06%
J	F	0.07%	0.18%	0.07%
JBHT	C	0.06%	0.27%	0.06%
JCI	C	0.22%	0.09%	0.09%
JNJ	D	1.44%	0.24%	0.24%
JPM	A	2.73%	0.3%	0.3%
KDP	D	0.14%	0.21%	0.14%
KEY	B	0.07%	0.19%	0.07%
KEYS	A	0.1%	0.16%	0.1%
KHC	F	0.11%	0.22%	0.11%
KIM	A	0.06%	0.18%	0.06%
KKR	A	0.28%	0.49%	0.28%
KMB	D	0.1%	0.08%	0.08%
KMI	A	0.21%	0.43%	0.21%
KO	D	0.4%	0.15%	0.15%
KR	B	0.15%	0.34%	0.15%
L	A	0.06%	0.36%	0.06%
LEN	D	0.01%	0.38%	0.01%
LEN	D	0.16%	0.38%	0.16%
LH	C	0.08%	0.18%	0.08%
LHX	C	0.18%	0.17%	0.17%
LMT	D	0.3%	0.08%	0.08%
LNG	B	0.09%	0.4%	0.09%
LNT	A	0.06%	0.26%	0.06%
LOW	D	0.6%	0.08%	0.08%
LUV	C	0.08%	0.28%	0.08%
LYB	F	0.08%	0.37%	0.08%
MAA	B	0.07%	0.17%	0.07%
MAR	B	0.25%	0.1%	0.1%
MAS	D	0.07%	0.08%	0.07%
MCD	D	0.77%	0.08%	0.08%
MDLZ	F	0.34%	0.15%	0.15%
MDT	D	0.44%	0.16%	0.16%
MET	A	0.19%	0.09%	0.09%
MKC	D	0.07%	0.08%	0.07%
MKL	A	0.06%	0.09%	0.06%
MMC	B	0.37%	0.08%	0.08%
MO	A	0.37%	0.09%	0.09%
MOH	F	0.02%	0.14%	0.02%
MPC	D	0.22%	0.42%	0.22%
MS	A	0.57%	0.33%	0.33%
MSCI	C	0.08%	0.09%	0.08%
MSI	B	0.16%	0.37%	0.16%
MSTR	C	0.19%	0.19%	0.19%
MTB	A	0.14%	0.41%	0.14%
MU	D	0.41%	0.08%	0.08%
NDAQ	A	0.13%	0.19%	0.13%
NDSN	B	0.06%	0.08%	0.06%
NEE	D	0.61%	0.31%	0.31%
NI	A	0.06%	0.36%	0.06%
NKE	D	0.14%	0.14%	0.14%
NOC	D	0.26%	0.08%	0.08%
NRG	B	0.04%	0.43%	0.04%
NSC	B	0.23%	0.09%	0.09%
NTAP	C	0.05%	0.16%	0.05%
NTRS	A	0.08%	0.31%	0.08%
NUE	C	0.14%	0.41%	0.14%
NVR	D	0.1%	0.23%	0.1%
NWSA	B	0.04%	0.18%	0.04%
O	D	0.19%	0.15%	0.15%
OC	A	0.07%	0.47%	0.07%
OKE	A	0.25%	0.31%	0.25%
OMC	C	0.07%	0.16%	0.07%
ON	D	0.11%	0.39%	0.11%
ORLY	B	0.02%	0.09%	0.02%
OTIS	C	0.16%	0.08%	0.08%
OXY	D	0.13%	0.42%	0.13%
PAYX	C	0.11%	0.09%	0.09%
PCAR	B	0.22%	0.48%	0.22%
PCG	A	0.18%	0.27%	0.18%
PEG	A	0.17%	0.25%	0.17%
PEP	F	0.18%	0.08%	0.08%
PFG	D	0.08%	0.17%	0.08%
PGR	A	0.09%	0.43%	0.09%
PH	A	0.35%	0.37%	0.35%
PHM	D	0.1%	0.38%	0.1%
PKG	A	0.08%	0.28%	0.08%
PM	B	0.78%	0.37%	0.37%
PNC	B	0.32%	0.19%	0.19%
PPG	F	0.11%	0.24%	0.11%
PPL	B	0.1%	0.26%	0.1%
PRU	A	0.18%	0.18%	0.18%
PSA	D	0.17%	0.24%	0.17%
PSX	C	0.21%	0.42%	0.21%
PWR	A	0.13%	0.47%	0.13%
PYPL	B	0.34%	0.18%	0.18%
RCL	A	0.14%	0.55%	0.14%
RF	A	0.09%	0.29%	0.09%
RGA	A	0.06%	0.18%	0.06%
RIVN	F	0.03%	0.08%	0.03%
RJF	A	0.12%	0.23%	0.12%
RMD	C	0.1%	0.33%	0.1%
ROST	C	0.14%	0.16%	0.14%
RPM	A	0.05%	0.1%	0.05%
RS	B	0.07%	0.45%	0.07%
RSG	A	0.17%	0.09%	0.09%
RVTY	F	0.05%	0.07%	0.05%
SBAC	D	0.09%	0.08%	0.08%
SBUX	A	0.1%	0.09%	0.09%
SHW	A	0.03%	0.25%	0.03%
SLB	C	0.24%	0.44%	0.24%
SNA	A	0.07%	0.52%	0.07%
SO	D	0.37%	0.17%	0.17%
SPG	B	0.17%	0.18%	0.17%
SPGI	C	0.61%	0.25%	0.25%
SRE	A	0.23%	0.38%	0.23%
SSNC	B	0.06%	0.25%	0.06%
STLD	B	0.08%	0.47%	0.08%
STT	A	0.11%	0.28%	0.11%
SWKS	F	0.05%	0.36%	0.05%
SYF	B	0.1%	0.54%	0.1%
SYK	C	0.39%	0.09%	0.09%
SYY	B	0.06%	0.16%	0.06%
T	A	0.63%	0.44%	0.44%
TDG	D	0.21%	0.22%	0.21%
TDY	B	0.08%	0.27%	0.08%
TGT	F	0.27%	0.34%	0.27%
THC	D	0.06%	0.39%	0.06%
TJX	A	0.22%	0.26%	0.22%
TMO	F	0.76%	0.07%	0.07%
TMUS	B	0.44%	0.39%	0.39%
TOL	B	0.06%	0.42%	0.06%
TROW	B	0.1%	0.46%	0.1%
TRV	B	0.23%	0.28%	0.23%
TSN	B	0.07%	0.18%	0.07%
TT	A	0.24%	0.45%	0.24%
TXT	D	0.06%	0.32%	0.06%
TYL	B	0.01%	0.26%	0.01%
UAL	A	0.12%	0.67%	0.12%
ULTA	F	0.01%	0.31%	0.01%
UPS	C	0.38%	0.17%	0.17%
URI	B	0.17%	0.44%	0.17%
USB	A	0.3%	0.28%	0.28%
UTHR	C	0.06%	0.42%	0.06%
VICI	C	0.13%	0.08%	0.08%
VLO	C	0.17%	0.45%	0.17%
VLTO	D	0.05%	0.23%	0.05%
VRTX	F	0.23%	0.08%	0.08%
VTR	C	0.1%	0.34%	0.1%
VTRS	A	0.06%	0.38%	0.06%
VZ	C	0.68%	0.32%	0.32%
WAB	B	0.13%	0.46%	0.13%
WAT	B	0.03%	0.08%	0.03%
WEC	A	0.12%	0.26%	0.12%
WELL	A	0.32%	0.27%	0.27%
WFC	A	1.01%	0.44%	0.44%
WLK	D	0.02%	0.14%	0.02%
WMB	A	0.27%	0.11%	0.11%
WRB	A	0.07%	0.18%	0.07%
WSM	B	0.03%	0.07%	0.03%
WSO	A	0.07%	0.18%	0.07%
WST	C	0.03%	0.09%	0.03%
WY	D	0.09%	0.16%	0.09%
XEL	A	0.15%	0.36%	0.15%
XOM	B	2.08%	0.43%	0.43%
XYL	D	0.11%	0.15%	0.11%
ZBH	C	0.09%	0.35%	0.09%
ZM	B	0.08%	0.29%	0.08%
ZTS	D	0.05%	0.08%	0.05%

GVUS Overweight 515 Positions Relative to FEX

Symbol	Grade	Weight
UNH	C	1.98%
WMT	A	1.42%
PG	A	1.21%
LIN	D	0.84%
ABBV	D	0.65%
TXN	C	0.63%
RTX	C	0.61%
DHR	F	0.58%
PFE	D	0.55%
HON	B	0.49%
BMY	B	0.44%
GILD	C	0.43%
SCHW	B	0.42%
PLD	D	0.41%
ADI	D	0.4%
GEV	B	0.35%
CME	A	0.32%
BA	F	0.31%
AMD	F	0.29%
UNP	C	0.29%
REGN	F	0.28%
MRVL	B	0.27%
TFC	A	0.24%
DLR	B	0.23%
MMM	D	0.23%
ROP	B	0.23%
FIS	C	0.19%
ITW	B	0.19%
KVUE	A	0.18%
CRM	B	0.18%
NEM	D	0.18%
EA	A	0.17%
DFS	B	0.17%
AME	A	0.17%
MCK	B	0.17%
CBRE	B	0.16%
STZ	D	0.15%
GLW	B	0.14%
A	D	0.14%
EW	C	0.13%
MCHP	D	0.13%
MLM	B	0.13%
ROK	B	0.12%
TTWO	A	0.12%
WTW	B	0.12%
SQ	B	0.11%
VMC	B	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
GPN	B	0.11%
MTD	D	0.1%
CHD	B	0.1%
SW	A	0.1%
IFF	D	0.09%
WBD	C	0.09%
YUM	B	0.09%
WDC	D	0.08%
INVH	D	0.08%
K	A	0.08%
ILMN	D	0.08%
LDOS	C	0.08%
STE	F	0.08%
ES	D	0.08%
RBA	A	0.07%
TRMB	B	0.07%
PNR	A	0.07%
TRU	D	0.07%
BALL	D	0.07%
IBKR	A	0.07%
EVRG	A	0.06%
EWBC	A	0.06%
VRSN	F	0.06%
HES	B	0.06%
ACM	A	0.06%
UDR	B	0.06%
AMCR	D	0.06%
USFD	A	0.06%
GGG	B	0.06%
ZBRA	B	0.06%
SUI	D	0.06%
MRO	B	0.06%
BAX	D	0.06%
Z	A	0.05%
UHS	D	0.05%
JNPR	F	0.05%
OVV	B	0.05%
CAH	B	0.05%
SOFI	A	0.05%
CDW	F	0.05%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
BMRN	D	0.05%
SCI	B	0.05%
NVT	B	0.05%
NTNX	A	0.05%
FTI	A	0.05%
ALB	C	0.05%
HST	C	0.05%
ALLE	D	0.05%
WPC	D	0.05%
EPAM	C	0.05%
CLH	B	0.05%
CPT	B	0.05%
BXP	D	0.05%
ITT	A	0.05%
JKHY	D	0.05%
CHRW	C	0.05%
AMH	D	0.05%
AFRM	B	0.05%
COHR	B	0.05%
JBL	B	0.05%
SWK	D	0.05%
TPR	B	0.05%
ELS	C	0.05%
DLTR	F	0.05%
UNM	A	0.05%
TWLO	A	0.05%
RNR	C	0.05%
REG	B	0.05%
CW	B	0.05%
FFIV	B	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%
CMA	A	0.04%
REXR	F	0.04%
DCI	B	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
ADP	B	0.04%
RGLD	C	0.04%
FRT	B	0.04%
SOLV	C	0.04%
INGR	B	0.04%
BRBR	A	0.04%
EL	F	0.04%
PNFP	B	0.04%
ORI	A	0.04%
AYI	B	0.04%
CNH	C	0.04%
JEF	A	0.04%
GL	B	0.04%
CIEN	B	0.04%
DOX	D	0.04%
MKTX	D	0.04%
WAL	B	0.04%
WTRG	B	0.04%
DPZ	C	0.04%
CRL	C	0.04%
EHC	B	0.04%
DTM	B	0.04%
DAY	B	0.04%
OHI	C	0.04%
AES	F	0.04%
GME	C	0.04%
ARMK	B	0.04%
LAD	A	0.04%
AFG	A	0.04%
RPRX	D	0.04%
WWD	B	0.04%
LKQ	D	0.04%
IPG	D	0.04%
WBS	A	0.04%
PNW	B	0.04%
DKS	C	0.04%
ALSN	B	0.04%
PRI	A	0.04%
CACI	D	0.04%
TECH	D	0.04%
CCK	C	0.04%
CTLT	B	0.04%
EVR	B	0.04%
CUBE	D	0.04%
PFGC	B	0.04%
TAP	C	0.04%
AA	B	0.04%
SJM	D	0.04%
CG	A	0.04%
ATR	B	0.04%
FHN	A	0.04%
QCOM	F	0.04%
RRX	B	0.04%
INCY	C	0.04%
SF	B	0.04%
AMAT	F	0.04%
KMX	B	0.04%
AIZ	A	0.04%
BJ	A	0.04%
COLB	A	0.03%
CGNX	C	0.03%
IVZ	B	0.03%
FAF	A	0.03%
KBR	F	0.03%
LSTR	D	0.03%
BILL	A	0.03%
ALGN	D	0.03%
STAG	F	0.03%
AGNC	D	0.03%
MKSI	C	0.03%
MTG	C	0.03%
HRB	D	0.03%
VMI	B	0.03%
ALK	C	0.03%
AXS	A	0.03%
WEX	D	0.03%
RLI	B	0.03%
DAR	C	0.03%
DINO	D	0.03%
FMC	D	0.03%
FND	C	0.03%
MTSI	B	0.03%
FCN	D	0.03%
ELAN	D	0.03%
GXO	B	0.03%
SSD	D	0.03%
ATI	D	0.03%
FR	C	0.03%
GNTX	C	0.03%
COKE	C	0.03%
ESAB	B	0.03%
WH	B	0.03%
VNO	B	0.03%
VFC	C	0.03%
BBWI	D	0.03%
R	B	0.03%
OSK	B	0.03%
MIDD	C	0.03%
PR	B	0.03%
FAST	B	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
MNST	C	0.03%
KEX	C	0.03%
MHK	D	0.03%
SKX	D	0.03%
RHI	B	0.03%
CHE	D	0.03%
ADC	B	0.03%
HII	D	0.03%
NNN	D	0.03%
BERY	B	0.03%
G	B	0.03%
FLS	B	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	C	0.03%
APG	B	0.03%
RL	B	0.03%
WTFC	A	0.03%
APA	D	0.03%
TKO	B	0.03%
SEIC	B	0.03%
SNV	B	0.03%
CFR	B	0.03%
LAMR	D	0.03%
HLI	B	0.03%
LECO	B	0.03%
EGP	F	0.03%
VOYA	B	0.03%
NYT	C	0.03%
MOS	F	0.03%
TTC	D	0.03%
CR	A	0.03%
MTZ	B	0.03%
CBSH	A	0.03%
JLL	D	0.03%
OGE	B	0.03%
FYBR	D	0.03%
GWRE	A	0.03%
GPK	C	0.03%
WYNN	D	0.03%
ZION	B	0.03%
TTEK	F	0.03%
BRX	A	0.03%
AOS	F	0.03%
MGM	D	0.03%
SNX	C	0.03%
KNX	B	0.03%
AAL	B	0.03%
HSIC	B	0.03%
PTC	A	0.03%
AR	B	0.03%
RBC	A	0.03%
AXTA	A	0.03%
OGN	D	0.02%
NWL	B	0.02%
SITE	D	0.02%
WTM	A	0.02%
HOG	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
PAYC	B	0.02%
DLB	B	0.02%
AN	C	0.02%
M	D	0.02%
GTES	A	0.02%
KMPR	B	0.02%
GAP	C	0.02%
AWI	A	0.02%
EEFT	B	0.02%
RYN	D	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
KRC	C	0.02%
CUZ	B	0.02%
DBX	B	0.02%
ST	F	0.02%
CROX	D	0.02%
ROIV	C	0.02%
AVT	C	0.02%
FRPT	B	0.02%
AGO	B	0.02%
SON	D	0.02%
HXL	D	0.02%
SEE	C	0.02%
OLN	D	0.02%
BYD	C	0.02%
TKR	D	0.02%
AL	B	0.02%
UGI	A	0.02%
BFAM	D	0.02%
OZK	B	0.02%
POST	C	0.02%
GNRC	B	0.02%
BC	C	0.02%
SLM	A	0.02%
LFUS	F	0.02%
SN	D	0.02%
LEA	D	0.02%
WMS	D	0.02%
LITE	B	0.02%
CRUS	D	0.02%
EXAS	D	0.02%
RGEN	D	0.02%
NFG	A	0.02%
OLLI	D	0.02%
DOCS	C	0.02%
FOX	A	0.02%
THO	B	0.02%
JHG	A	0.02%
H	B	0.02%
ONTO	D	0.02%
IDA	A	0.02%
AGCO	D	0.02%
SAIA	B	0.02%
THG	A	0.02%
PVH	C	0.02%
FNB	A	0.02%
XP	F	0.02%
VNT	B	0.02%
STWD	C	0.02%
WHR	B	0.02%
AMG	B	0.02%
S	B	0.02%
WBA	F	0.02%
BPOP	B	0.02%
BIO	D	0.02%
ARW	D	0.02%
MTDR	B	0.02%
COLD	D	0.02%
BEN	C	0.02%
ESI	A	0.02%
LNC	B	0.02%
NOV	C	0.02%
OKTA	C	0.02%
SIRI	C	0.02%
OMF	A	0.02%
QRVO	F	0.02%
KD	B	0.02%
SAIC	F	0.02%
MSA	D	0.02%
MAT	D	0.02%
PARA	C	0.02%
DDS	B	0.01%
TER	D	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	F	0.01%
BIRK	D	0.01%
SHC	F	0.01%
ADTN	A	0.01%
VSTS	C	0.01%
RKT	F	0.01%
CRI	D	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	B	0.01%
IPGP	D	0.01%
GLOB	B	0.01%
UAA	C	0.01%
RCM	F	0.01%
AAP	C	0.01%
SAM	C	0.01%
AZTA	D	0.01%
YETI	C	0.01%
PINC	B	0.01%
ALGM	D	0.01%
HHH	B	0.01%
CPRI	F	0.01%
LPX	B	0.01%
CNM	D	0.01%
CWEN	C	0.01%
EXP	A	0.01%
JWN	C	0.01%
HAYW	B	0.01%
ENOV	C	0.01%
BOKF	B	0.01%
MPW	F	0.01%
SPB	C	0.01%
BROS	B	0.01%
CC	C	0.01%
AGR	B	0.01%
CXT	B	0.01%
COTY	F	0.01%
COLM	B	0.01%
VIRT	B	0.01%
AMKR	D	0.01%
U	C	0.01%
AMED	F	0.01%
MAN	D	0.01%
PAG	B	0.01%
WU	D	0.01%
PK	B	0.01%
NXST	C	0.01%
IRDM	D	0.01%
SPR	D	0.01%
PENN	C	0.01%
NSA	D	0.01%
LOPE	B	0.01%
SMG	D	0.01%
VAC	B	0.01%
ZI	D	0.01%
HUN	F	0.01%
MASI	A	0.01%
ZG	A	0.01%
EPR	D	0.01%
CPRT	A	0.01%
BHF	B	0.01%
ACHC	F	0.01%
ASH	D	0.01%
AM	A	0.01%
FHB	A	0.01%
CLF	F	0.01%
UHAL	D	0.01%
IAC	D	0.01%
PII	D	0.01%
HIW	D	0.01%
NVST	B	0.01%
W	F	0.01%
NWS	B	0.01%
NEU	C	0.01%
OLED	D	0.01%
PRGO	B	0.01%
GFS	C	0.01%
TNL	A	0.01%
MSM	C	0.01%
CIVI	D	0.01%
MDU	D	0.01%
MSGS	A	0.01%
DNB	B	0.01%
DXC	B	0.01%
PLNT	A	0.01%
XRAY	F	0.01%
RH	B	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	C	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	B	0.0%
HAS	D	0.0%
INFA	D	0.0%
LBRDA	C	0.0%
CWEN	C	0.0%
DV	C	0.0%
NCNO	B	0.0%

GVUS Underweight 53 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	-0.97%
PLTR	B	-0.7%
AXON	A	-0.64%
EXPE	B	-0.52%
VRT	B	-0.52%
VST	B	-0.52%
TRGP	B	-0.46%
HEI	B	-0.44%
BURL	A	-0.44%
CPNG	D	-0.42%
LYV	A	-0.41%
GDDY	A	-0.4%
TPL	A	-0.4%
RBLX	C	-0.39%
ORCL	B	-0.37%
LII	A	-0.35%
COST	B	-0.35%
ANET	C	-0.33%
META	D	-0.33%
ERIE	D	-0.32%
NFLX	A	-0.3%
NOW	A	-0.29%
BAH	F	-0.29%
NVDA	C	-0.29%
TTD	B	-0.27%
ISRG	A	-0.27%
MANH	D	-0.25%
MCO	B	-0.25%
AVGO	D	-0.24%
TSLA	B	-0.22%
STX	D	-0.22%
CPAY	A	-0.2%
DECK	A	-0.19%
LVS	C	-0.17%
AAPL	C	-0.17%
IT	C	-0.17%
UBER	D	-0.16%
TSCO	D	-0.16%
LLY	F	-0.14%
AMT	D	-0.14%
MPWR	F	-0.11%
PANW	C	-0.1%
CMG	B	-0.09%
CLX	B	-0.09%
MA	C	-0.09%
GOOGL	C	-0.09%
ARES	A	-0.09%
ODFL	B	-0.09%
AMZN	C	-0.09%
ADSK	A	-0.09%
POOL	C	-0.08%
ROL	B	-0.08%
KLAC	D	-0.07%