GVUS vs. ILCV ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to iShares Morningstar Value ETF (ILCV)

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

$49.83

Average Daily Volume

35,442

Number of Holdings ^*

835

* may have additional holdings in another (foreign) market

ILCV

iShares Morningstar Value ETF

ILCV Description

The investment seeks to track the investment results of the Morningstar® US Large-Mid Cap Broad Value IndexSM composed of large-and mid-capitalization U.S. equities that exhibit value 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 value characteristics as determined by Morningstar, Inc.(Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$83.30

Average Daily Volume

23,436

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	ILCV
30 Days	1.00%	0.29%
60 Days	4.16%	3.43%
90 Days	6.34%	5.05%
12 Months		26.62%

404 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in ILCV	Overlap
	ABBV	F	0.77%	1.33%	0.77%
	ABT	C	0.77%	0.75%	0.75%
	ACGL	C	0.14%	0.09%	0.09%
	ACI	C	0.03%	0.03%	0.03%
	ACM	B	0.06%	0.02%	0.02%
	ACN	B	0.86%	0.73%	0.73%
	ADI	D	0.43%	0.35%	0.35%
	ADM	F	0.1%	0.09%	0.09%
	ADP	A	0.04%	0.29%	0.04%
	AEE	B	0.09%	0.09%	0.09%
	AEP	D	0.2%	0.19%	0.19%
	AES	F	0.04%	0.04%	0.04%
	AFG	A	0.04%	0.02%	0.02%
	AFL	C	0.23%	0.2%	0.2%
	AGR	C	0.01%	0.01%	0.01%
	AIG	B	0.19%	0.19%	0.19%
	AJG	A	0.23%	0.16%	0.16%
	AKAM	F	0.05%	0.03%	0.03%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	B	0.17%	0.11%	0.11%
	ALLE	D	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.04%	0.03%
	AMAT	F	0.05%	0.36%	0.05%
	AMCR	D	0.06%	0.06%	0.06%
	AMGN	F	0.15%	0.65%	0.15%
	AMP	A	0.02%	0.07%	0.02%
	AON	B	0.29%	0.23%	0.23%
	AOS	F	0.03%	0.01%	0.01%
	APA	F	0.03%	0.03%	0.03%
	APD	B	0.27%	0.26%	0.26%
	APH	B	0.14%	0.14%	0.14%
	APO	B	0.08%	0.17%	0.08%
	APTV	F	0.06%	0.03%	0.03%
	AR	B	0.03%	0.03%	0.03%
	ARE	F	0.08%	0.05%	0.05%
	ATO	B	0.08%	0.08%	0.08%
	AVB	B	0.13%	0.06%	0.06%
	AVTR	F	0.06%	0.02%	0.02%
	AVY	F	0.04%	0.03%	0.03%
	AWK	D	0.1%	0.05%	0.05%
	AXP	B	0.39%	0.4%	0.39%
	BA	F	0.34%	0.42%	0.34%
	BAC	A	1.18%	1.13%	1.13%
	BALL	D	0.07%	0.03%	0.03%
	BAX	F	0.07%	0.07%	0.07%
	BBY	C	0.07%	0.07%	0.07%
	BDX	F	0.26%	0.25%	0.25%
	BEN	C	0.02%	0.02%	0.02%
	BG	D	0.05%	0.05%	0.05%
	BIIB	F	0.1%	0.09%	0.09%
	BJ	B	0.05%	0.02%	0.02%
	BK	B	0.22%	0.21%	0.21%
	BKNG	A	0.04%	0.41%	0.04%
	BKR	B	0.17%	0.08%	0.08%
	BLD	F	0.04%	0.02%	0.02%
	BLDR	C	0.08%	0.04%	0.04%
	BMY	B	0.42%	0.42%	0.42%
	BRK.A	B	3.25%	3.1%	3.1%
	BSX	A	0.5%	0.25%	0.25%
	BXP	D	0.05%	0.05%	0.05%
	C	B	0.5%	0.48%	0.48%
	CAG	F	0.05%	0.05%	0.05%
	CAH	B	0.05%	0.11%	0.05%
	CARR	C	0.25%	0.1%	0.1%
	CASY	B	0.05%	0.02%	0.02%
	CAT	B	0.63%	0.57%	0.57%
	CB	C	0.44%	0.39%	0.39%
	CBRE	B	0.16%	0.06%	0.06%
	CCI	F	0.18%	0.17%	0.17%
	CCK	D	0.04%	0.03%	0.03%
	CCL	B	0.09%	0.09%	0.09%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.24%	0.28%	0.24%
	CF	B	0.06%	0.06%	0.06%
	CFG	B	0.08%	0.08%	0.08%
	CG	B	0.04%	0.04%	0.04%
	CHTR	B	0.14%	0.14%	0.14%
	CI	D	0.31%	0.33%	0.31%
	CINF	A	0.09%	0.05%	0.05%
	CL	F	0.13%	0.2%	0.13%
	CMCSA	B	0.65%	0.64%	0.64%
	CME	B	0.31%	0.3%	0.3%
	CMI	A	0.19%	0.06%	0.06%
	CMS	D	0.08%	0.05%	0.05%
	CNC	F	0.12%	0.12%	0.12%
	CNH	D	0.04%	0.04%	0.04%
	CNP	B	0.07%	0.07%	0.07%
	COF	B	0.27%	0.26%	0.26%
	COP	C	0.5%	0.49%	0.49%
	COTY	D	0.01%	0.0%	0.0%
	CPB	F	0.03%	0.03%	0.03%
	CPT	C	0.05%	0.03%	0.03%
	CRL	C	0.04%	0.01%	0.01%
	CSCO	A	0.9%	0.88%	0.88%
	CSX	B	0.27%	0.26%	0.26%
	CTRA	B	0.07%	0.04%	0.04%
	CTSH	A	0.15%	0.15%	0.15%
	CTVA	C	0.16%	0.09%	0.09%
	CVS	F	0.27%	0.27%	0.27%
	CVX	A	1.04%	0.99%	0.99%
	D	D	0.19%	0.1%	0.1%
	DAL	A	0.15%	0.08%	0.08%
	DD	D	0.14%	0.07%	0.07%
	DE	D	0.38%	0.39%	0.38%
	DELL	C	0.12%	0.08%	0.08%
	DFS	B	0.17%	0.07%	0.07%
	DG	F	0.06%	0.06%	0.06%
	DGX	B	0.07%	0.06%	0.06%
	DHI	D	0.19%	0.19%	0.19%
	DHR	F	0.61%	0.59%	0.59%
	DINO	D	0.03%	0.03%	0.03%
	DIS	B	0.7%	0.48%	0.48%
	DKS	D	0.04%	0.02%	0.02%
	DLR	C	0.23%	0.06%	0.06%
	DLTR	F	0.05%	0.03%	0.03%
	DOC	C	0.06%	0.06%	0.06%
	DOV	A	0.11%	0.03%	0.03%
	DOW	F	0.13%	0.07%	0.07%
	DRI	B	0.04%	0.04%	0.04%
	DTE	D	0.09%	0.09%	0.09%
	DUK	D	0.34%	0.32%	0.32%
	DVN	F	0.09%	0.09%	0.09%
	EA	A	0.16%	0.04%	0.04%
	EBAY	C	0.12%	0.08%	0.08%
	ECL	C	0.03%	0.11%	0.03%
	ED	D	0.13%	0.13%	0.13%
	EG	D	0.05%	0.06%	0.05%
	EIX	C	0.12%	0.12%	0.12%
	ELS	B	0.05%	0.02%	0.02%
	ELV	F	0.32%	0.37%	0.32%
	EMN	D	0.05%	0.05%	0.05%
	EMR	A	0.28%	0.27%	0.27%
	EOG	A	0.3%	0.27%	0.27%
	EPAM	B	0.05%	0.02%	0.02%
	EQR	C	0.11%	0.06%	0.06%
	EQT	B	0.09%	0.03%	0.03%
	ES	D	0.08%	0.08%	0.08%
	ESS	C	0.08%	0.04%	0.04%
	ETN	B	0.56%	0.23%	0.23%
	ETR	B	0.12%	0.12%	0.12%
	EVRG	A	0.05%	0.05%	0.05%
	EXC	C	0.15%	0.14%	0.14%
	EXPD	C	0.05%	0.06%	0.05%
	EXR	D	0.13%	0.08%	0.08%
	F	C	0.17%	0.16%	0.16%
	FANG	C	0.13%	0.12%	0.12%
	FCX	F	0.26%	0.26%	0.26%
	FDX	B	0.25%	0.24%	0.24%
	FE	D	0.09%	0.08%	0.08%
	FFIV	B	0.05%	0.03%	0.03%
	FI	A	0.32%	0.36%	0.32%
	FIS	B	0.19%	0.18%	0.18%
	FITB	A	0.12%	0.12%	0.12%
	FNF	C	0.06%	0.06%	0.06%
	FOX	A	0.02%	0.02%	0.02%
	FOXA	A	0.04%	0.04%	0.04%
	FTV	C	0.1%	0.03%	0.03%
	GD	C	0.33%	0.28%	0.28%
	GE	D	0.61%	0.33%	0.33%
	GEHC	D	0.13%	0.07%	0.07%
	GEN	B	0.06%	0.03%	0.03%
	GEV	B	0.36%	0.17%	0.17%
	GILD	B	0.46%	0.46%	0.46%
	GIS	F	0.14%	0.14%	0.14%
	GLPI	D	0.05%	0.05%	0.05%
	GLW	B	0.14%	0.14%	0.14%
	GM	B	0.24%	0.23%	0.23%
	GPC	D	0.07%	0.04%	0.04%
	GPN	B	0.11%	0.06%	0.06%
	GRMN	A	0.13%	0.04%	0.04%
	GS	B	0.52%	0.7%	0.52%
	HAL	C	0.1%	0.04%	0.04%
	HBAN	A	0.1%	0.09%	0.09%
	HCA	D	0.19%	0.25%	0.19%
	HD	B	0.31%	1.48%	0.31%
	HIG	C	0.13%	0.13%	0.13%
	HII	F	0.03%	0.01%	0.01%
	HOLX	D	0.07%	0.07%	0.07%
	HON	B	0.46%	0.53%	0.46%
	HPE	B	0.11%	0.1%	0.1%
	HPQ	B	0.1%	0.14%	0.1%
	HRL	F	0.03%	0.02%	0.02%
	HST	D	0.05%	0.05%	0.05%
	HSY	F	0.08%	0.04%	0.04%
	HUM	D	0.13%	0.13%	0.13%
	IBM	D	0.75%	0.73%	0.73%
	ICE	C	0.34%	0.27%	0.27%
	IFF	F	0.09%	0.09%	0.09%
	INCY	B	0.05%	0.02%	0.02%
	INTC	C	0.43%	0.42%	0.42%
	IP	B	0.08%	0.08%	0.08%
	IPG	F	0.04%	0.04%	0.04%
	IQV	F	0.13%	0.05%	0.05%
	IRM	D	0.06%	0.06%	0.06%
	ITW	B	0.19%	0.3%	0.19%
	J	D	0.07%	0.02%	0.02%
	JBHT	C	0.06%	0.02%	0.02%
	JBL	C	0.05%	0.02%	0.02%
	JCI	A	0.22%	0.09%	0.09%
	JNJ	D	1.44%	1.41%	1.41%
	JNPR	D	0.05%	0.05%	0.05%
	JPM	A	2.61%	2.52%	2.52%
	K	A	0.08%	0.08%	0.08%
	KDP	C	0.14%	0.09%	0.09%
	KEY	B	0.07%	0.07%	0.07%
	KEYS	C	0.11%	0.06%	0.06%
	KHC	F	0.11%	0.11%	0.11%
	KIM	A	0.06%	0.02%	0.02%
	KKR	B	0.28%	0.27%	0.27%
	KMB	D	0.1%	0.11%	0.1%
	KMI	B	0.2%	0.2%	0.2%
	KMX	B	0.04%	0.02%	0.02%
	KO	F	0.41%	0.93%	0.41%
	KR	A	0.15%	0.15%	0.15%
	KVUE	A	0.17%	0.15%	0.15%
	L	A	0.06%	0.06%	0.06%
	LDOS	C	0.1%	0.06%	0.06%
	LEN	D	0.01%	0.15%	0.01%
	LEN	D	0.16%	0.01%	0.01%
	LEN	D	0.01%	0.01%	0.01%
	LEN	D	0.16%	0.15%	0.15%
	LH	B	0.08%	0.08%	0.08%
	LHX	B	0.19%	0.18%	0.18%
	LIN	D	0.85%	0.69%	0.69%
	LKQ	C	0.04%	0.04%	0.04%
	LMT	D	0.32%	0.44%	0.32%
	LNG	B	0.09%	0.12%	0.09%
	LNT	C	0.06%	0.05%	0.05%
	LOW	B	0.59%	0.57%	0.57%
	LUV	B	0.07%	0.04%	0.04%
	LYB	F	0.09%	0.08%	0.08%
	MAA	C	0.07%	0.04%	0.04%
	MAR	A	0.25%	0.2%	0.2%
	MAS	D	0.07%	0.04%	0.04%
	MCD	C	0.77%	0.63%	0.63%
	MCHP	F	0.15%	0.08%	0.08%
	MCK	B	0.17%	0.21%	0.17%
	MDLZ	F	0.34%	0.33%	0.33%
	MDT	D	0.43%	0.42%	0.42%
	MET	C	0.18%	0.18%	0.18%
	MGM	D	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.03%	0.03%
	MKL	A	0.06%	0.03%	0.03%
	MMC	D	0.37%	0.3%	0.3%
	MMM	C	0.23%	0.28%	0.23%
	MO	A	0.36%	0.34%	0.34%
	MOH	F	0.03%	0.03%	0.03%
	MOS	D	0.03%	0.03%	0.03%
	MPC	D	0.21%	0.2%	0.2%
	MRNA	F	0.06%	0.04%	0.04%
	MRO	B	0.06%	0.06%	0.06%
	MS	A	0.54%	0.6%	0.54%
	MSI	B	0.17%	0.2%	0.17%
	MSTR	B	0.15%	0.07%	0.07%
	MTB	A	0.13%	0.13%	0.13%
	MU	D	0.47%	0.47%	0.47%
	NDAQ	B	0.12%	0.07%	0.07%
	NEE	D	0.61%	0.57%	0.57%
	NEM	F	0.2%	0.08%	0.08%
	NI	A	0.06%	0.06%	0.06%
	NKE	F	0.13%	0.26%	0.13%
	NOC	D	0.28%	0.28%	0.28%
	NRG	C	0.05%	0.05%	0.05%
	NSC	B	0.24%	0.23%	0.23%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	A	0.08%	0.08%	0.08%
	NUE	D	0.15%	0.14%	0.14%
	NVR	D	0.11%	0.1%	0.1%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.04%	0.04%	0.04%
	O	D	0.19%	0.12%	0.12%
	OC	A	0.06%	0.06%	0.06%
	OKE	A	0.24%	0.23%	0.23%
	OMC	A	0.08%	0.08%	0.08%
	ON	F	0.12%	0.07%	0.07%
	ORLY	A	0.02%	0.2%	0.02%
	OTIS	D	0.16%	0.06%	0.06%
	OVV	C	0.04%	0.04%	0.04%
	OXY	F	0.13%	0.12%	0.12%
	PAG	B	0.01%	0.01%	0.01%
	PCAR	B	0.23%	0.22%	0.22%
	PCG	A	0.17%	0.09%	0.09%
	PEG	C	0.16%	0.16%	0.16%
	PEP	D	0.18%	0.84%	0.18%
	PFE	F	0.58%	0.58%	0.58%
	PFG	C	0.08%	0.08%	0.08%
	PG	C	1.18%	1.44%	1.18%
	PGR	A	0.09%	0.26%	0.09%
	PH	A	0.34%	0.18%	0.18%
	PHM	D	0.1%	0.06%	0.06%
	PKG	B	0.08%	0.08%	0.08%
	PLD	D	0.41%	0.29%	0.29%
	PM	B	0.75%	0.72%	0.72%
	PNC	B	0.31%	0.3%	0.3%
	PNR	A	0.07%	0.02%	0.02%
	PPG	F	0.11%	0.07%	0.07%
	PPL	A	0.09%	0.09%	0.09%
	PRU	B	0.17%	0.17%	0.17%
	PSA	D	0.17%	0.1%	0.1%
	PSX	C	0.2%	0.2%	0.2%
	PYPL	A	0.33%	0.31%	0.31%
	QCOM	F	0.05%	0.72%	0.05%
	QRVO	F	0.03%	0.01%	0.01%
	RCL	A	0.13%	0.06%	0.06%
	REG	A	0.05%	0.03%	0.03%
	REGN	F	0.3%	0.33%	0.3%
	RF	A	0.09%	0.09%	0.09%
	RGA	A	0.06%	0.05%	0.05%
	RJF	A	0.12%	0.04%	0.04%
	RNR	D	0.05%	0.05%	0.05%
	ROP	A	0.23%	0.12%	0.12%
	RPM	A	0.05%	0.02%	0.02%
	RPRX	F	0.04%	0.04%	0.04%
	RRX	B	0.05%	0.02%	0.02%
	RS	C	0.07%	0.07%	0.07%
	RSG	B	0.17%	0.11%	0.11%
	RTX	D	0.63%	0.6%	0.6%
	RVTY	C	0.06%	0.03%	0.03%
	SBUX	B	0.1%	0.27%	0.1%
	SCHW	B	0.38%	0.39%	0.38%
	SCI	B	0.05%	0.02%	0.02%
	SHW	A	0.03%	0.22%	0.03%
	SIRI	C	0.02%	0.02%	0.02%
	SJM	F	0.05%	0.05%	0.05%
	SLB	C	0.24%	0.2%	0.2%
	SNA	A	0.07%	0.05%	0.05%
	SNX	C	0.04%	0.02%	0.02%
	SO	D	0.37%	0.35%	0.35%
	SOLV	C	0.04%	0.04%	0.04%
	SPG	A	0.17%	0.2%	0.17%
	SPGI	C	0.6%	0.34%	0.34%
	SRE	B	0.22%	0.21%	0.21%
	SSNC	C	0.06%	0.06%	0.06%
	STLD	C	0.09%	0.08%	0.08%
	STT	B	0.11%	0.11%	0.11%
	STZ	D	0.14%	0.07%	0.07%
	SW	B	0.1%	0.1%	0.1%
	SWK	F	0.05%	0.03%	0.03%
	SWKS	F	0.05%	0.05%	0.05%
	SYF	B	0.1%	0.1%	0.1%
	SYK	A	0.37%	0.3%	0.3%
	T	A	0.62%	0.59%	0.59%
	TAP	B	0.04%	0.04%	0.04%
	TDY	B	0.09%	0.04%	0.04%
	TER	F	0.01%	0.03%	0.01%
	TFC	B	0.23%	0.23%	0.23%
	TFX	F	0.04%	0.02%	0.02%
	TGT	C	0.27%	0.26%	0.26%
	THC	B	0.06%	0.06%	0.06%
	TJX	A	0.21%	0.36%	0.21%
	TMO	F	0.81%	0.68%	0.68%
	TMUS	A	0.44%	0.33%	0.33%
	TOL	B	0.06%	0.04%	0.04%
	TRMB	B	0.07%	0.02%	0.02%
	TROW	A	0.1%	0.1%	0.1%
	TRV	B	0.23%	0.12%	0.12%
	TSN	B	0.06%	0.03%	0.03%
	TT	B	0.24%	0.16%	0.16%
	TXN	B	0.68%	0.74%	0.68%
	TXT	D	0.06%	0.03%	0.03%
	UAL	A	0.11%	0.1%	0.1%
	UDR	C	0.06%	0.02%	0.02%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.05%	0.03%	0.03%
	ULTA	C	0.01%	0.04%	0.01%
	UNH	B	2.03%	1.8%	1.8%
	UNM	A	0.05%	0.04%	0.04%
	UNP	D	0.3%	0.55%	0.3%
	UPS	C	0.37%	0.37%	0.37%
	URI	B	0.17%	0.11%	0.11%
	USB	B	0.3%	0.29%	0.29%
	USFD	B	0.06%	0.03%	0.03%
	UTHR	B	0.07%	0.06%	0.06%
	VICI	D	0.13%	0.12%	0.12%
	VLO	C	0.17%	0.16%	0.16%
	VLTO	D	0.05%	0.04%	0.04%
	VRTX	B	0.26%	0.26%	0.26%
	VTR	C	0.1%	0.06%	0.06%
	VTRS	B	0.06%	0.06%	0.06%
	VZ	D	0.65%	0.64%	0.64%
	WAT	B	0.03%	0.03%	0.03%
	WBA	D	0.02%	0.02%	0.02%
	WBD	B	0.09%	0.08%	0.08%
	WDC	D	0.09%	0.09%	0.09%
	WEC	B	0.12%	0.11%	0.11%
	WELL	B	0.32%	0.2%	0.2%
	WFC	A	0.94%	0.89%	0.89%
	WLK	F	0.02%	0.01%	0.01%
	WMB	B	0.26%	0.25%	0.25%
	WMT	A	1.41%	1.36%	1.36%
	WPC	F	0.05%	0.05%	0.05%
	WRB	B	0.07%	0.03%	0.03%
	WSM	F	0.03%	0.02%	0.02%
	WTRG	C	0.04%	0.03%	0.03%
	WTW	A	0.12%	0.06%	0.06%
	WY	F	0.09%	0.09%	0.09%
	XEL	A	0.14%	0.14%	0.14%
	XOM	B	2.09%	2.01%	2.01%
	ZBH	C	0.08%	0.04%	0.04%
	ZBRA	B	0.06%	0.02%	0.02%
	ZM	B	0.08%	0.07%	0.07%
	ZTS	D	0.05%	0.17%	0.05%

GVUS Overweight 434 Positions Relative to ILCV

	Symbol	Grade	Weight
	EQIX	B	0.32%
	AMD	F	0.31%
	MRVL	B	0.28%
	TDG	D	0.23%
	CRM	B	0.18%
	HWM	B	0.17%
	AME	A	0.17%
	IR	A	0.16%
	A	F	0.15%
	WAB	B	0.14%
	MLM	B	0.14%
	ROST	D	0.14%
	PWR	B	0.13%
	ANSS	B	0.12%
	XYL	F	0.12%
	PAYX	B	0.12%
	CSGP	F	0.12%
	EW	F	0.12%
	MTD	F	0.11%
	ROK	B	0.11%
	VMC	B	0.11%
	HLT	A	0.11%
	TTWO	A	0.11%
	HUBB	C	0.1%
	CHD	A	0.1%
	EFX	F	0.1%
	RMD	C	0.1%
	SQ	B	0.09%
	YUM	B	0.09%
	ILMN	C	0.09%
	SBAC	D	0.09%
	FCNCA	B	0.09%
	HOOD	B	0.08%
	INVH	D	0.08%
	FSLR	F	0.08%
	CBOE	D	0.08%
	STE	D	0.08%
	IEX	B	0.07%
	IBKR	A	0.07%
	CSL	B	0.07%
	WSO	B	0.07%
	MSCI	B	0.07%
	TRU	D	0.07%
	VRSN	C	0.06%
	CW	C	0.06%
	SYY	D	0.06%
	COHR	C	0.06%
	GGG	B	0.06%
	NDSN	B	0.06%
	EME	B	0.06%
	BRO	B	0.06%
	SUI	F	0.06%
	RBA	B	0.06%
	CVNA	B	0.06%
	TECH	D	0.05%
	ATR	A	0.05%
	FDS	A	0.05%
	TPR	A	0.05%
	NTNX	B	0.05%
	FTI	B	0.05%
	CHRW	A	0.05%
	AMH	C	0.05%
	ITT	A	0.05%
	BMRN	F	0.05%
	CACI	C	0.05%
	NVT	C	0.05%
	TWLO	B	0.05%
	JKHY	C	0.05%
	CLH	B	0.05%
	CDW	F	0.05%
	HES	B	0.05%
	EWBC	B	0.05%
	PNFP	B	0.04%
	GMED	B	0.04%
	X	D	0.04%
	WCC	B	0.04%
	CMA	A	0.04%
	BRBR	A	0.04%
	JEF	B	0.04%
	KNX	C	0.04%
	DCI	A	0.04%
	ORI	A	0.04%
	RBC	B	0.04%
	GME	C	0.04%
	FICO	B	0.04%
	TW	B	0.04%
	REXR	F	0.04%
	FRT	B	0.04%
	EL	F	0.04%
	WST	B	0.04%
	DTM	A	0.04%
	QGEN	D	0.04%
	WAL	B	0.04%
	GL	B	0.04%
	TTEK	F	0.04%
	FBIN	F	0.04%
	WBS	A	0.04%
	AYI	A	0.04%
	RGLD	C	0.04%
	MKTX	C	0.04%
	PRI	B	0.04%
	INGR	B	0.04%
	EHC	B	0.04%
	OHI	C	0.04%
	LAD	B	0.04%
	PNW	A	0.04%
	CIEN	B	0.04%
	ARMK	B	0.04%
	DPZ	C	0.04%
	DOX	C	0.04%
	WWD	B	0.04%
	AFRM	B	0.04%
	ALSN	B	0.04%
	FTNT	B	0.04%
	AIZ	A	0.04%
	CTLT	D	0.04%
	FHN	A	0.04%
	DAY	B	0.04%
	CUBE	D	0.04%
	EVR	B	0.04%
	AA	C	0.04%
	SOFI	B	0.04%
	PFGC	B	0.04%
	SF	A	0.04%
	Z	B	0.04%
	COLD	F	0.03%
	MTG	C	0.03%
	PARA	B	0.03%
	IVZ	B	0.03%
	AXS	A	0.03%
	OKTA	C	0.03%
	DOCS	B	0.03%
	HRB	D	0.03%
	RLI	A	0.03%
	AGNC	C	0.03%
	MAT	C	0.03%
	LSTR	B	0.03%
	FND	F	0.03%
	BBWI	C	0.03%
	STAG	D	0.03%
	VMI	B	0.03%
	WH	A	0.03%
	WEX	D	0.03%
	ELAN	C	0.03%
	CGNX	C	0.03%
	GXO	B	0.03%
	GNTX	C	0.03%
	BIO	C	0.03%
	FCN	F	0.03%
	CHE	D	0.03%
	FR	D	0.03%
	ATI	F	0.03%
	SSD	F	0.03%
	PB	B	0.03%
	R	B	0.03%
	MKSI	C	0.03%
	VFC	C	0.03%
	KEX	A	0.03%
	ESAB	B	0.03%
	PR	C	0.03%
	MIDD	D	0.03%
	GWW	B	0.03%
	OSK	B	0.03%
	JAZZ	B	0.03%
	ADC	A	0.03%
	FMC	F	0.03%
	FAST	B	0.03%
	DASH	A	0.03%
	MTSI	B	0.03%
	MHK	D	0.03%
	SKX	F	0.03%
	MNST	B	0.03%
	RHI	B	0.03%
	SAIC	D	0.03%
	BERY	D	0.03%
	NNN	F	0.03%
	COKE	C	0.03%
	RRC	B	0.03%
	BWA	B	0.03%
	MTCH	F	0.03%
	WTFC	B	0.03%
	LW	B	0.03%
	CRBG	C	0.03%
	WYNN	C	0.03%
	FLS	B	0.03%
	ROKU	C	0.03%
	VNO	C	0.03%
	KBR	D	0.03%
	G	B	0.03%
	SEIC	A	0.03%
	CFR	B	0.03%
	LBRDK	C	0.03%
	CHRD	D	0.03%
	VOYA	B	0.03%
	RIVN	F	0.03%
	TKO	D	0.03%
	CBSH	A	0.03%
	SNV	B	0.03%
	COIN	B	0.03%
	HLI	B	0.03%
	AAL	B	0.03%
	LAMR	D	0.03%
	ZION	B	0.03%
	APG	C	0.03%
	FYBR	D	0.03%
	LECO	C	0.03%
	OGE	B	0.03%
	RL	B	0.03%
	EGP	D	0.03%
	JLL	C	0.03%
	BRX	A	0.03%
	HSIC	F	0.03%
	CR	B	0.03%
	GWRE	A	0.03%
	CZR	F	0.03%
	AXTA	A	0.03%
	TTC	F	0.03%
	BWXT	B	0.03%
	GPK	D	0.03%
	NYT	C	0.03%
	PTC	B	0.03%
	MTZ	B	0.03%
	DXC	B	0.02%
	GFS	C	0.02%
	IAC	F	0.02%
	CTAS	B	0.02%
	MSM	C	0.02%
	HOG	D	0.02%
	OLED	F	0.02%
	FLO	F	0.02%
	NEU	C	0.02%
	CLF	F	0.02%
	NWL	B	0.02%
	KMPR	A	0.02%
	OGN	F	0.02%
	TPG	B	0.02%
	WTM	A	0.02%
	PAYC	B	0.02%
	TYL	B	0.02%
	M	C	0.02%
	AN	C	0.02%
	GAP	B	0.02%
	GTES	B	0.02%
	SITE	D	0.02%
	DLB	D	0.02%
	EEFT	C	0.02%
	SLGN	B	0.02%
	AWI	B	0.02%
	AGO	B	0.02%
	RYN	F	0.02%
	DBX	B	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	SEE	C	0.02%
	AL	B	0.02%
	KRC	C	0.02%
	SON	F	0.02%
	OZK	B	0.02%
	ST	F	0.02%
	CROX	F	0.02%
	UGI	D	0.02%
	ROIV	D	0.02%
	SLM	A	0.02%
	AZO	B	0.02%
	BYD	A	0.02%
	HXL	F	0.02%
	AVT	C	0.02%
	WSC	F	0.02%
	TKR	F	0.02%
	PSN	C	0.02%
	OLN	F	0.02%
	LEA	F	0.02%
	SN	C	0.02%
	NFG	D	0.02%
	CRUS	F	0.02%
	POST	D	0.02%
	THO	B	0.02%
	SAIA	B	0.02%
	WMS	F	0.02%
	BC	D	0.02%
	LITE	B	0.02%
	THG	A	0.02%
	GNRC	B	0.02%
	EXAS	F	0.02%
	JHG	A	0.02%
	AGCO	F	0.02%
	FNB	B	0.02%
	LFUS	D	0.02%
	IDA	A	0.02%
	BFAM	F	0.02%
	H	B	0.02%
	WHR	B	0.02%
	AMG	B	0.02%
	BILL	B	0.02%
	STWD	C	0.02%
	PVH	C	0.02%
	OLLI	C	0.02%
	BPOP	C	0.02%
	XP	F	0.02%
	MTDR	B	0.02%
	LNC	B	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	RGEN	C	0.02%
	KD	A	0.02%
	ONTO	F	0.02%
	S	B	0.02%
	COLB	A	0.02%
	MSA	D	0.02%
	ESI	B	0.02%
	ARW	F	0.02%
	FAF	C	0.02%
	ALK	A	0.02%
	NOV	C	0.02%
	DAR	B	0.02%
	NCNO	B	0.01%
	DDS	B	0.01%
	REYN	D	0.01%
	SNDR	B	0.01%
	TRIP	D	0.01%
	LEG	F	0.01%
	QS	F	0.01%
	UA	B	0.01%
	WEN	C	0.01%
	EXEL	B	0.01%
	CRI	D	0.01%
	BIRK	F	0.01%
	CNXC	F	0.01%
	CLVT	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	ADTN	B	0.01%
	LCID	F	0.01%
	KSS	D	0.01%
	GO	C	0.01%
	PPC	C	0.01%
	LYFT	B	0.01%
	AZEK	B	0.01%
	SHC	D	0.01%
	BR	A	0.01%
	UAA	B	0.01%
	ETSY	D	0.01%
	PSTG	D	0.01%
	RKT	F	0.01%
	MP	C	0.01%
	BRKR	F	0.01%
	GLOB	B	0.01%
	RCM	B	0.01%
	AAP	C	0.01%
	YETI	D	0.01%
	CPRI	F	0.01%
	PINC	B	0.01%
	LPX	A	0.01%
	SAM	B	0.01%
	AZTA	F	0.01%
	JWN	B	0.01%
	IPGP	C	0.01%
	CNM	D	0.01%
	CWEN	D	0.01%
	HAYW	B	0.01%
	ENOV	C	0.01%
	HHH	B	0.01%
	BOKF	B	0.01%
	BROS	B	0.01%
	ALGM	F	0.01%
	CC	C	0.01%
	COLM	B	0.01%
	VIRT	B	0.01%
	SPB	A	0.01%
	EXP	B	0.01%
	CXT	F	0.01%
	MPW	F	0.01%
	WU	F	0.01%
	AMED	F	0.01%
	AMKR	F	0.01%
	SMG	D	0.01%
	PENN	B	0.01%
	MAN	F	0.01%
	PK	C	0.01%
	NXST	C	0.01%
	NSA	D	0.01%
	SPR	F	0.01%
	IRDM	B	0.01%
	VAC	B	0.01%
	HUN	F	0.01%
	CPRT	A	0.01%
	MASI	B	0.01%
	EPR	D	0.01%
	BHF	B	0.01%
	ZG	B	0.01%
	LOPE	B	0.01%
	U	F	0.01%
	FHB	B	0.01%
	AM	B	0.01%
	NVST	C	0.01%
	PII	F	0.01%
	PRGO	C	0.01%
	W	F	0.01%
	MDU	D	0.01%
	ASH	F	0.01%
	TNL	A	0.01%
	XRAY	F	0.01%
	ACHC	F	0.01%
	ZI	C	0.01%
	RH	C	0.01%
	ALNY	D	0.01%
	PLNT	A	0.01%
	HIW	D	0.01%
	MSGS	B	0.01%
	CIVI	D	0.01%
	DNB	B	0.01%
	SEG	F	0.0%
	UWMC	F	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	A	0.0%
	FIVE	F	0.0%
	CAR	C	0.0%
	TFSL	A	0.0%
	CERT	F	0.0%
	LSCC	D	0.0%
	CNA	C	0.0%
	HAS	D	0.0%
	INFA	F	0.0%
	LBRDA	C	0.0%
	CWEN	D	0.0%
	MTN	C	0.0%
	DV	C	0.0%
	WOLF	F	0.0%

GVUS Underweight 39 Positions Relative to ILCV

	Symbol	Grade	Weight
	AAPL	C	-6.1%
	META	B	-2.1%
	GOOGL	C	-1.93%
	GOOG	C	-1.72%
	AVGO	C	-1.39%
	COST	B	-0.82%
	ORCL	A	-0.8%
	MRK	F	-0.61%
	BLK	A	-0.58%
	AMT	F	-0.35%
	CRH	B	-0.26%
	BX	A	-0.25%
	LRCX	F	-0.24%
	NXPI	F	-0.23%
	KLAC	F	-0.21%
	WM	A	-0.21%
	FERG	B	-0.16%
	MCO	C	-0.12%
	TRGP	B	-0.09%
	STX	D	-0.08%
	TEL	B	-0.08%
	EXE	A	-0.07%
	COR	B	-0.07%
	VST	B	-0.06%
	EQH	B	-0.05%
	CPNG	B	-0.04%
	EXPE	B	-0.04%
	FLEX	B	-0.04%
	POOL	D	-0.03%
	CLX	A	-0.03%
	DKNG	B	-0.03%
	PINS	F	-0.03%
	TSCO	D	-0.03%
	BAH	C	-0.02%
	XPO	B	-0.02%
	COO	D	-0.02%
	CPAY	A	-0.02%
	ENTG	F	-0.02%
	DVA	C	-0.01%

GVUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Oil & Gas E&P Asset Management 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 Beverage Dow Jones Component Medicine

ILCV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Oil & Gas E&P Asset Management Semiconductors Specialty Chemicals Banks - Regional - US Insurance - Property & Casualty Specialty Retail Business Services Diagnostics & Research Drug Manufacturers - Major Packaged Foods Aerospace & Defense Health Care Plans REIT - Residential Utilities - Diversified Biotechnology Capital Markets Household & Personal Products

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