VUSE vs. GARP ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to iShares MSCI USA Quality GARP ETF (GARP)

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

$61.08

Average Daily Volume

12,197

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	GARP
30 Days	5.99%	6.13%
60 Days	7.30%	5.15%
90 Days	9.69%	6.86%
12 Months	26.60%	42.31%

41 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in GARP	Overlap
AAPL	C	1.87%	4.74%	1.87%
ABNB	C	0.14%	0.82%	0.14%
ADBE	C	0.83%	4.21%	0.83%
AMAT	F	1.02%	2.76%	1.02%
AMP	A	0.75%	0.79%	0.75%
AMZN	C	2.68%	1.3%	1.3%
ANET	C	0.38%	0.34%	0.34%
AVGO	D	1.72%	4.59%	1.72%
BKNG	A	1.54%	0.51%	0.51%
CMG	B	1.25%	0.8%	0.8%
CRWD	B	0.31%	0.26%	0.26%
DOCU	A	0.29%	0.1%	0.1%
FICO	B	0.69%	0.18%	0.18%
FTNT	C	0.81%	0.19%	0.19%
GOOGL	C	0.96%	2.97%	0.96%
GWW	B	0.56%	1.03%	0.56%
IT	C	0.5%	0.13%	0.13%
KLAC	D	0.69%	3.66%	0.69%
LLY	F	0.81%	2.54%	0.81%
MA	C	2.08%	4.19%	2.08%
MANH	D	0.35%	0.37%	0.35%
META	D	0.97%	4.19%	0.97%
MRK	F	1.49%	2.12%	1.49%
MSFT	F	1.8%	4.56%	1.8%
NFLX	A	1.44%	0.56%	0.56%
NOW	A	0.65%	0.68%	0.65%
NRG	B	0.58%	0.03%	0.03%
NVDA	C	1.84%	5.42%	1.84%
ODFL	B	0.5%	0.84%	0.5%
ORCL	B	2.4%	2.02%	2.02%
PANW	C	0.26%	0.41%	0.26%
PINS	D	0.2%	0.03%	0.03%
PLTR	B	0.6%	0.39%	0.39%
PSTG	D	0.13%	0.1%	0.1%
SHW	A	0.93%	0.65%	0.65%
SNPS	B	1.16%	0.27%	0.27%
TDG	D	0.52%	0.1%	0.1%
TMUS	B	0.78%	0.36%	0.36%
UBER	D	1.11%	0.18%	0.18%
V	A	2.17%	2.05%	2.05%
WDAY	B	0.66%	0.36%	0.36%

VUSE Overweight 85 Positions Relative to GARP

Symbol	Grade	Weight
JPM	A	2.09%
WMT	A	2.06%
HD	A	2.05%
CVX	A	2.02%
BAC	A	1.97%
XOM	B	1.89%
JNJ	D	1.76%
KO	D	1.56%
MSI	B	1.33%
PG	A	1.2%
ECL	D	1.16%
MAR	B	1.12%
T	A	1.1%
RDDT	B	1.04%
ADP	B	1.02%
ABBV	D	1.01%
MO	A	1.0%
SBUX	A	0.98%
MCD	D	0.94%
TJX	A	0.93%
POWL	C	0.87%
IDCC	A	0.8%
COST	B	0.78%
EME	C	0.77%
IESC	B	0.74%
AYI	B	0.74%
PIPR	B	0.73%
SYK	C	0.73%
ITW	B	0.72%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
EQH	B	0.66%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
EPAC	B	0.6%
CTAS	B	0.59%
NYT	C	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	B	0.54%
UTHR	C	0.54%
EA	A	0.52%
PAYX	C	0.51%
VST	B	0.5%
RMD	C	0.5%
NKE	D	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
CASH	A	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	C	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	C	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	C	0.45%
EOG	A	0.43%
DFIN	D	0.42%
BSX	B	0.41%
JKHY	D	0.41%
MTD	D	0.39%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
OTTR	C	0.35%
CSL	C	0.35%
HCC	B	0.27%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	B	0.14%
CMCSA	B	0.13%
SEIC	B	0.11%

VUSE Underweight 104 Positions Relative to GARP

Symbol	Grade	Weight
TSLA	B	-6.81%
CRM	B	-2.06%
LRCX	F	-1.82%
GE	D	-1.64%
AMD	F	-1.41%
PGR	A	-1.3%
INTU	C	-1.2%
QCOM	F	-1.1%
GOOG	C	-0.88%
RCL	A	-0.81%
LULU	C	-0.7%
IDXX	F	-0.68%
FLUT	A	-0.66%
MELI	D	-0.63%
APO	B	-0.56%
GS	A	-0.55%
DECK	A	-0.54%
AXP	A	-0.48%
CPRT	A	-0.48%
WSM	B	-0.44%
SLB	C	-0.44%
HWM	A	-0.44%
VRT	B	-0.42%
APP	B	-0.41%
HAL	C	-0.4%
GEV	B	-0.38%
DASH	A	-0.37%
EQT	B	-0.37%
NXPI	D	-0.36%
EXPE	B	-0.33%
ULTA	F	-0.32%
VRTX	F	-0.32%
ACGL	D	-0.31%
NUE	C	-0.3%
STLD	B	-0.3%
LII	A	-0.29%
TPL	A	-0.28%
APTV	D	-0.28%
CTRA	B	-0.28%
KKR	A	-0.27%
CDNS	B	-0.26%
DELL	C	-0.25%
PAYC	B	-0.23%
MCK	B	-0.23%
ADSK	A	-0.22%
CPAY	A	-0.21%
LPLA	A	-0.2%
DVN	F	-0.2%
HES	B	-0.17%
GDDY	A	-0.17%
APA	D	-0.16%
SQ	B	-0.15%
PTC	A	-0.15%
AZO	C	-0.14%
MRO	B	-0.14%
DDOG	A	-0.13%
KNX	B	-0.13%
TEAM	A	-0.13%
AMT	D	-0.13%
DKNG	B	-0.13%
BURL	A	-0.12%
ORLY	B	-0.1%
SMCI	F	-0.1%
H	B	-0.1%
IQV	D	-0.1%
ENTG	D	-0.1%
MPWR	F	-0.09%
FCX	D	-0.09%
DAL	C	-0.09%
HLT	A	-0.09%
VEEV	C	-0.09%
FANG	D	-0.09%
DOW	F	-0.09%
DT	C	-0.09%
JBL	B	-0.09%
COIN	C	-0.08%
DXCM	D	-0.08%
MKL	A	-0.07%
WBD	C	-0.07%
CE	F	-0.07%
LNG	B	-0.07%
ZS	C	-0.06%
TRGP	B	-0.06%
AXON	A	-0.06%
SBAC	D	-0.06%
LW	C	-0.05%
PODD	C	-0.05%
MOH	F	-0.05%
ARES	A	-0.05%
ENPH	F	-0.05%
NBIX	C	-0.04%
IOT	A	-0.04%
OVV	B	-0.04%
ALNY	D	-0.04%
FWONK	B	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
CTLT	B	-0.03%
INCY	C	-0.03%
LYV	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%