VUSE vs. LGRO ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Level Four Large Cap Growth Active ETF (LGRO)

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

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.89

Average Daily Volume

1,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	LGRO
30 Days	5.99%	5.16%
60 Days	7.30%	7.17%
90 Days	9.69%	9.66%
12 Months	26.60%	34.40%

21 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in LGRO	Overlap
AAPL	C	1.87%	7.16%	1.87%
ABBV	D	1.01%	1.03%	1.01%
AMAT	F	1.02%	1.44%	1.02%
AMZN	C	2.68%	5.56%	2.68%
AVGO	D	1.72%	1.83%	1.72%
BKNG	A	1.54%	3.65%	1.54%
DOCU	A	0.29%	2.41%	0.29%
GOOGL	C	0.96%	5.03%	0.96%
HD	A	2.05%	2.09%	2.05%
MA	C	2.08%	1.94%	1.94%
MCD	D	0.94%	0.91%	0.91%
META	D	0.97%	3.28%	0.97%
MSCI	C	0.48%	2.16%	0.48%
MSFT	F	1.8%	5.75%	1.8%
NFLX	A	1.44%	2.34%	1.44%
NOW	A	0.65%	2.43%	0.65%
NVDA	C	1.84%	4.33%	1.84%
PANW	C	0.26%	1.14%	0.26%
TDG	D	0.52%	0.85%	0.52%
UBER	D	1.11%	2.59%	1.11%
V	A	2.17%	0.98%	0.98%

VUSE Overweight 105 Positions Relative to LGRO

Symbol	Grade	Weight
ORCL	B	2.4%
JPM	A	2.09%
WMT	A	2.06%
CVX	A	2.02%
BAC	A	1.97%
XOM	B	1.89%
JNJ	D	1.76%
KO	D	1.56%
MRK	F	1.49%
MSI	B	1.33%
CMG	B	1.25%
PG	A	1.2%
ECL	D	1.16%
SNPS	B	1.16%
MAR	B	1.12%
T	A	1.1%
RDDT	B	1.04%
ADP	B	1.02%
MO	A	1.0%
SBUX	A	0.98%
TJX	A	0.93%
SHW	A	0.93%
POWL	C	0.87%
ADBE	C	0.83%
FTNT	C	0.81%
LLY	F	0.81%
IDCC	A	0.8%
COST	B	0.78%
TMUS	B	0.78%
EME	C	0.77%
AMP	A	0.75%
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%
KLAC	D	0.69%
FICO	B	0.69%
EQH	B	0.66%
WDAY	B	0.66%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	B	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	C	0.56%
GWW	B	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%
ODFL	B	0.5%
IT	C	0.5%
CASH	A	0.48%
YELP	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%
ANET	C	0.38%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
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%
PINS	D	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	B	0.14%
ABNB	C	0.14%
PSTG	D	0.13%
CMCSA	B	0.13%
SEIC	B	0.11%

VUSE Underweight 26 Positions Relative to LGRO

Symbol	Grade	Weight
BLK	C	-3.47%
PYPL	B	-3.31%
TWLO	A	-2.74%
LRCX	F	-2.72%
SNOW	C	-2.66%
UNH	C	-2.51%
MS	A	-2.44%
RH	B	-2.23%
CRM	B	-2.04%
Z	A	-1.49%
MPWR	F	-1.49%
MU	D	-1.48%
PSX	C	-1.12%
LMT	D	-1.07%
FIS	C	-1.05%
URI	B	-1.02%
PAYC	B	-0.99%
CTSH	B	-0.98%
PHM	D	-0.97%
VRTX	F	-0.96%
DIS	B	-0.87%
FTV	C	-0.85%
STZ	D	-0.79%
ETSY	D	-0.65%
BIIB	F	-0.64%
EL	F	-0.26%