VUSE vs. CPAI ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Counterpoint Quantitative Equity ETF (CPAI)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$60.89

Average Daily Volume

12,286

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$35.53

Average Daily Volume

7,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	CPAI
30 Days	3.24%	5.10%
60 Days	9.57%	12.27%
90 Days	11.11%	13.81%
12 Months	27.08%

11 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in CPAI	Overlap
AAPL	C	1.84%	1.91%	1.84%
CVLT	A	0.65%	2.03%	0.65%
EQH	B	0.66%	2.14%	0.66%
GOOGL	B	0.98%	2.06%	0.98%
LLY	F	0.88%	1.86%	0.88%
META	B	1.02%	1.98%	1.02%
MSFT	C	1.81%	1.89%	1.81%
MSI	B	1.25%	2.0%	1.25%
NYT	C	0.58%	2.02%	0.58%
ORCL	A	2.37%	1.99%	1.99%
TJX	B	0.89%	1.89%	0.89%

VUSE Overweight 115 Positions Relative to CPAI

Symbol	Grade	Weight
AMZN	A	2.75%
V	A	2.09%
WMT	A	2.03%
MA	B	2.03%
JPM	B	1.98%
HD	B	1.96%
CVX	B	1.94%
NVDA	B	1.92%
AVGO	C	1.88%
XOM	B	1.87%
BAC	A	1.86%
JNJ	D	1.75%
KO	F	1.58%
MRK	F	1.53%
BKNG	A	1.49%
NFLX	A	1.33%
SNPS	B	1.25%
CMG	B	1.22%
ABBV	D	1.19%
UBER	F	1.16%
AMAT	F	1.14%
ECL	C	1.14%
PG	C	1.13%
MAR	A	1.09%
RDDT	B	1.04%
ADP	A	1.03%
T	A	1.03%
POWL	B	1.0%
MCD	C	0.94%
SHW	A	0.94%
MO	A	0.93%
SBUX	B	0.92%
ADBE	C	0.82%
IDCC	B	0.77%
EME	B	0.77%
CAT	C	0.76%
COST	B	0.76%
TMUS	A	0.75%
KLAC	F	0.75%
JXN	B	0.74%
IESC	B	0.74%
AYI	B	0.73%
FTNT	B	0.72%
PIPR	B	0.71%
AMP	A	0.71%
CORT	B	0.71%
ITW	A	0.71%
SYK	A	0.68%
NOW	A	0.65%
FICO	B	0.65%
EPAC	B	0.64%
EXEL	B	0.64%
WDAY	B	0.64%
AMR	C	0.62%
ZTS	D	0.62%
UTHR	B	0.6%
CTAS	A	0.59%
NRG	B	0.59%
GWW	B	0.56%
FAST	A	0.56%
LSCC	D	0.54%
PLTR	B	0.54%
TDG	B	0.54%
BOX	A	0.54%
PAYX	B	0.52%
RMD	C	0.51%
ODFL	B	0.51%
IT	A	0.51%
PLAB	C	0.5%
RMBS	B	0.5%
ERIE	F	0.5%
QLYS	B	0.49%
TREX	C	0.49%
NKE	F	0.49%
EA	A	0.49%
SHO	C	0.48%
YELP	C	0.48%
PLMR	C	0.47%
MTD	F	0.46%
MSCI	B	0.46%
JLL	C	0.46%
CASH	B	0.46%
DBRG	F	0.45%
VST	B	0.45%
MTG	C	0.45%
ANET	C	0.44%
DFIN	D	0.43%
JKHY	C	0.42%
ON	F	0.4%
A	F	0.39%
EOG	A	0.39%
BSX	A	0.38%
CRUS	F	0.37%
CSL	B	0.36%
MANH	C	0.36%
OTTR	C	0.35%
ACLS	F	0.31%
CRWD	B	0.3%
HCC	C	0.29%
DOCU	B	0.28%
NSSC	F	0.27%
DBX	B	0.25%
PANW	A	0.25%
TRIP	D	0.23%
PINS	F	0.23%
BMI	B	0.23%
VRSK	A	0.22%
MEDP	C	0.2%
AOS	F	0.2%
ABNB	C	0.16%
APPF	B	0.15%
CMCSA	B	0.14%
PSTG	D	0.14%
SPG	B	0.13%
SEIC	A	0.11%

VUSE Underweight 38 Positions Relative to CPAI

Symbol	Grade	Weight
SKYW	B	-2.39%
SFM	B	-2.38%
NTGR	B	-2.27%
TDS	B	-2.25%
LDOS	B	-2.25%
TRGP	B	-2.23%
CLBT	C	-2.19%
UNM	A	-2.16%
BRBR	A	-2.15%
CARG	B	-2.1%
CAH	A	-2.08%
GDDY	A	-2.07%
CNO	B	-2.07%
COR	A	-2.06%
OKE	A	-2.04%
FTI	B	-2.04%
WBA	D	-2.03%
VIRT	B	-2.02%
PBI	C	-2.01%
PRM	C	-2.01%
FTDR	B	-2.01%
ZIM	B	-1.96%
ACIW	B	-1.95%
RTX	C	-1.94%
GNW	B	-1.93%
LESL	D	-1.93%
WES	D	-1.89%
THC	B	-1.89%
PGR	A	-1.89%
BRC	A	-1.88%
PAA	D	-1.86%
PAGP	D	-1.84%
ROST	F	-1.82%
MHO	D	-1.76%
HCA	D	-1.75%
UHS	D	-1.74%
HTZ	C	-1.73%
AGL	F	-1.47%