AVLC vs. DLN ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to WisdomTree LargeCap Dividend Fund (DLN)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$69.29

Average Daily Volume

19,774

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

DLN

WisdomTree LargeCap Dividend Fund

DLN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of the large-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$80.87

Average Daily Volume

108,121

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	DLN
30 Days	3.17%	1.27%
60 Days	5.71%	3.99%
90 Days	7.02%	5.66%
12 Months	32.22%	30.40%

285 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in DLN	Overlap
A	D	0.06%	0.04%	0.04%
AAPL	C	5.24%	3.54%	3.54%
ABBV	F	0.38%	2.23%	0.38%
ABT	B	0.2%	0.49%	0.2%
ADI	D	0.15%	0.24%	0.15%
ADM	D	0.11%	0.09%	0.09%
ADP	A	0.36%	0.39%	0.36%
AEE	A	0.08%	0.15%	0.08%
AEP	C	0.14%	0.29%	0.14%
AFL	B	0.19%	0.3%	0.19%
AIG	B	0.2%	0.15%	0.15%
AJG	A	0.05%	0.07%	0.05%
ALL	A	0.2%	0.17%	0.17%
AMAT	F	0.36%	0.14%	0.14%
AME	A	0.05%	0.05%	0.05%
AMGN	F	0.19%	0.6%	0.19%
AMP	A	0.26%	0.17%	0.17%
APD	A	0.22%	0.22%	0.22%
APH	A	0.12%	0.15%	0.12%
APO	B	0.16%	0.23%	0.16%
ARES	A	0.02%	0.11%	0.02%
ATO	A	0.05%	0.11%	0.05%
AVGO	D	1.11%	2.65%	1.11%
AVY	F	0.03%	0.03%	0.03%
AWK	C	0.03%	0.07%	0.03%
AXP	A	0.4%	0.37%	0.37%
BAC	A	0.42%	1.45%	0.42%
BAH	F	0.03%	0.03%	0.03%
BALL	F	0.06%	0.03%	0.03%
BBY	D	0.12%	0.12%	0.12%
BDX	F	0.05%	0.13%	0.05%
BK	A	0.18%	0.27%	0.18%
BKNG	A	0.13%	0.34%	0.13%
BKR	A	0.18%	0.13%	0.13%
BLK	B	0.18%	0.51%	0.18%
BMY	B	0.18%	0.64%	0.18%
BR	A	0.04%	0.08%	0.04%
BRO	B	0.02%	0.04%	0.02%
BX	A	0.11%	0.46%	0.11%
C	A	0.23%	0.74%	0.23%
CAH	B	0.03%	0.07%	0.03%
CARR	C	0.06%	0.1%	0.06%
CAT	B	0.52%	0.51%	0.51%
CBOE	C	0.03%	0.05%	0.03%
CDW	F	0.05%	0.04%	0.04%
CEG	C	0.11%	0.08%	0.08%
CHD	A	0.05%	0.03%	0.03%
CI	D	0.07%	0.23%	0.07%
CINF	A	0.07%	0.08%	0.07%
CL	D	0.18%	0.35%	0.18%
CLX	A	0.06%	0.09%	0.06%
CMCSA	B	0.38%	0.99%	0.38%
CME	B	0.12%	0.22%	0.12%
CMI	A	0.21%	0.19%	0.19%
CMS	C	0.06%	0.08%	0.06%
CNP	A	0.02%	0.06%	0.02%
COF	C	0.23%	0.18%	0.18%
COP	C	0.38%	0.36%	0.36%
COR	B	0.09%	0.08%	0.08%
COST	A	0.94%	0.47%	0.47%
CRM	B	0.44%	0.28%	0.28%
CSCO	B	0.3%	1.46%	0.3%
CSX	C	0.26%	0.12%	0.12%
CTAS	B	0.12%	0.16%	0.12%
CTSH	B	0.13%	0.08%	0.08%
CVS	D	0.05%	0.29%	0.05%
CVX	A	0.64%	1.79%	0.64%
D	C	0.05%	0.37%	0.05%
DAL	B	0.23%	0.05%	0.05%
DD	C	0.06%	0.09%	0.06%
DE	B	0.3%	0.22%	0.22%
DELL	B	0.05%	0.07%	0.05%
DFS	B	0.08%	0.15%	0.08%
DGX	A	0.01%	0.05%	0.01%
DHI	F	0.12%	0.06%	0.06%
DHR	F	0.13%	0.15%	0.13%
DIS	B	0.18%	0.22%	0.18%
DOV	A	0.03%	0.05%	0.03%
DOW	F	0.14%	0.22%	0.14%
DRI	B	0.1%	0.13%	0.1%
DTE	C	0.07%	0.11%	0.07%
DUK	C	0.16%	0.47%	0.16%
EA	A	0.06%	0.05%	0.05%
EBAY	D	0.14%	0.09%	0.09%
ECL	D	0.06%	0.14%	0.06%
ED	C	0.08%	0.22%	0.08%
EFX	F	0.02%	0.03%	0.02%
EIX	B	0.09%	0.18%	0.09%
ELV	F	0.13%	0.14%	0.13%
EMR	B	0.05%	0.22%	0.05%
EOG	A	0.3%	0.49%	0.3%
ERIE	D	0.02%	0.03%	0.02%
ES	C	0.02%	0.12%	0.02%
ETR	B	0.12%	0.27%	0.12%
EXC	C	0.1%	0.18%	0.1%
EXPD	C	0.09%	0.03%	0.03%
FANG	C	0.17%	0.09%	0.09%
FAST	B	0.2%	0.2%	0.2%
FCNCA	A	0.12%	0.03%	0.03%
FDS	B	0.04%	0.02%	0.02%
FDX	B	0.26%	0.18%	0.18%
FE	C	0.02%	0.13%	0.02%
FIS	C	0.06%	0.23%	0.06%
FITB	B	0.14%	0.18%	0.14%
FTV	C	0.01%	0.03%	0.01%
GD	D	0.05%	0.21%	0.05%
GE	D	0.2%	0.17%	0.17%
GEHC	D	0.03%	0.03%	0.03%
GILD	C	0.35%	0.52%	0.35%
GIS	D	0.03%	0.17%	0.03%
GLW	B	0.09%	0.19%	0.09%
GM	C	0.31%	0.11%	0.11%
GOOG	C	1.3%	0.64%	0.64%
GOOGL	C	1.57%	0.99%	0.99%
GPC	D	0.06%	0.06%	0.06%
GPN	B	0.01%	0.03%	0.01%
GS	A	0.44%	0.8%	0.44%
GWW	B	0.23%	0.1%	0.1%
HAL	C	0.13%	0.06%	0.06%
HBAN	A	0.11%	0.17%	0.11%
HCA	F	0.05%	0.11%	0.05%
HD	B	0.58%	2.08%	0.58%
HEI	A	0.01%	0.02%	0.01%
HEI	A	0.01%	0.01%	0.01%
HEI	A	0.01%	0.01%	0.01%
HEI	A	0.01%	0.02%	0.01%
HES	B	0.19%	0.07%	0.07%
HIG	B	0.19%	0.16%	0.16%
HLT	A	0.05%	0.06%	0.05%
HON	C	0.15%	0.6%	0.15%
HPE	B	0.08%	0.08%	0.08%
HPQ	B	0.05%	0.16%	0.05%
HRL	D	0.02%	0.08%	0.02%
HSY	F	0.09%	0.08%	0.08%
HUBB	B	0.04%	0.04%	0.04%
HUM	C	0.05%	0.03%	0.03%
HWM	A	0.05%	0.04%	0.04%
IBM	C	0.27%	1.37%	0.27%
ICE	C	0.07%	0.24%	0.07%
INTU	B	0.27%	0.19%	0.19%
IR	B	0.05%	0.04%	0.04%
ITW	B	0.12%	0.36%	0.12%
J	D	0.01%	0.02%	0.01%
JBHT	C	0.08%	0.02%	0.02%
JNJ	C	0.58%	2.16%	0.58%
JPM	A	1.19%	3.69%	1.19%
K	A	0.03%	0.15%	0.03%
KDP	F	0.05%	0.15%	0.05%
KHC	F	0.05%	0.23%	0.05%
KKR	A	0.15%	0.14%	0.14%
KLAC	F	0.21%	0.1%	0.1%
KMB	C	0.14%	0.31%	0.14%
KO	D	0.4%	1.6%	0.4%
KR	B	0.2%	0.19%	0.19%
KVUE	A	0.06%	0.22%	0.06%
L	A	0.07%	0.02%	0.02%
LEN	D	0.01%	0.01%	0.01%
LEN	D	0.17%	0.06%	0.06%
LEN	D	0.01%	0.06%	0.01%
LEN	D	0.17%	0.01%	0.01%
LH	B	0.04%	0.03%	0.03%
LHX	C	0.03%	0.13%	0.03%
LLY	F	0.79%	0.67%	0.67%
LMT	D	0.23%	0.49%	0.23%
LNG	A	0.23%	0.1%	0.1%
LOW	C	0.12%	0.66%	0.12%
LPLA	A	0.1%	0.02%	0.02%
LRCX	F	0.34%	0.12%	0.12%
LVS	B	0.09%	0.09%	0.09%
MA	B	0.66%	0.53%	0.53%
MAR	A	0.05%	0.16%	0.05%
MCD	D	0.16%	0.95%	0.16%
MCHP	F	0.05%	0.08%	0.05%
MCK	A	0.07%	0.07%	0.07%
MCO	B	0.1%	0.12%	0.1%
MDLZ	F	0.09%	0.42%	0.09%
MET	A	0.2%	0.26%	0.2%
META	D	2.26%	0.99%	0.99%
MKC	C	0.01%	0.06%	0.01%
MLM	C	0.14%	0.04%	0.04%
MMC	B	0.09%	0.29%	0.09%
MO	A	0.09%	0.8%	0.09%
MPC	D	0.22%	0.25%	0.22%
MPWR	F	0.04%	0.03%	0.03%
MRK	D	0.32%	0.89%	0.32%
MRO	B	0.11%	0.04%	0.04%
MS	A	0.35%	1.21%	0.35%
MSCI	C	0.05%	0.06%	0.05%
MSFT	D	4.39%	3.17%	3.17%
MSI	B	0.23%	0.18%	0.18%
MTB	A	0.12%	0.18%	0.12%
MU	D	0.17%	0.09%	0.09%
NDAQ	A	0.02%	0.07%	0.02%
NKE	F	0.17%	0.17%	0.17%
NOC	D	0.05%	0.15%	0.05%
NSC	B	0.22%	0.18%	0.18%
NTAP	C	0.06%	0.08%	0.06%
NTRS	A	0.11%	0.1%	0.1%
NUE	C	0.16%	0.06%	0.06%
NVDA	B	4.82%	2.61%	2.61%
ODFL	C	0.14%	0.04%	0.04%
OKE	A	0.2%	0.44%	0.2%
OMC	C	0.02%	0.08%	0.02%
ORCL	A	0.42%	0.83%	0.42%
OTIS	C	0.04%	0.11%	0.04%
OXY	D	0.15%	0.07%	0.07%
PAYX	B	0.17%	0.28%	0.17%
PCAR	B	0.25%	0.33%	0.25%
PCG	A	0.13%	0.04%	0.04%
PEG	A	0.1%	0.31%	0.1%
PEP	F	0.27%	1.28%	0.27%
PFG	D	0.09%	0.1%	0.09%
PG	C	0.39%	1.91%	0.39%
PGR	A	0.46%	0.13%	0.13%
PH	A	0.09%	0.23%	0.09%
PHM	D	0.12%	0.04%	0.04%
PM	B	0.18%	1.39%	0.18%
PNC	B	0.22%	0.47%	0.22%
PPG	F	0.05%	0.1%	0.05%
PPL	A	0.07%	0.12%	0.07%
PRU	A	0.18%	0.3%	0.18%
PSX	C	0.19%	0.23%	0.19%
PWR	A	0.09%	0.04%	0.04%
QCOM	F	0.48%	0.48%	0.48%
RF	A	0.08%	0.17%	0.08%
RJF	A	0.11%	0.06%	0.06%
RMD	C	0.07%	0.04%	0.04%
ROK	C	0.04%	0.07%	0.04%
ROL	B	0.03%	0.04%	0.03%
ROP	B	0.09%	0.05%	0.05%
ROST	D	0.21%	0.06%	0.06%
RS	B	0.07%	0.05%	0.05%
RSG	A	0.04%	0.11%	0.04%
RTX	D	0.16%	0.62%	0.16%
SBUX	A	0.09%	0.36%	0.09%
SCHW	B	0.21%	0.27%	0.21%
SHW	B	0.14%	0.15%	0.14%
SIRI	C	0.0%	0.03%	0.0%
SO	C	0.13%	0.47%	0.13%
SPGI	C	0.09%	0.17%	0.09%
SRE	A	0.07%	0.25%	0.07%
STLD	B	0.12%	0.04%	0.04%
STT	B	0.1%	0.15%	0.1%
STZ	D	0.05%	0.12%	0.05%
SWKS	F	0.07%	0.04%	0.04%
SYK	B	0.12%	0.28%	0.12%
SYY	D	0.07%	0.2%	0.07%
TGT	F	0.29%	0.28%	0.28%
TJX	A	0.44%	0.39%	0.39%
TMO	F	0.15%	0.17%	0.15%
TMUS	B	0.31%	0.86%	0.31%
TRGP	A	0.27%	0.11%	0.11%
TROW	B	0.1%	0.16%	0.1%
TRV	B	0.26%	0.17%	0.17%
TSCO	D	0.17%	0.08%	0.08%
TSN	B	0.05%	0.09%	0.05%
TW	A	0.02%	0.01%	0.01%
TXN	C	0.26%	0.74%	0.26%
TXT	D	0.05%	0.02%	0.02%
UNH	B	0.36%	1.42%	0.36%
UNP	C	0.47%	0.42%	0.42%
UPS	C	0.19%	0.51%	0.19%
URI	C	0.2%	0.09%	0.09%
USB	A	0.23%	0.48%	0.23%
V	A	0.59%	0.78%	0.59%
VLO	C	0.17%	0.2%	0.17%
VLTO	C	0.06%	0.02%	0.02%
VMC	B	0.05%	0.06%	0.05%
VRSK	A	0.12%	0.05%	0.05%
VRT	B	0.13%	0.04%	0.04%
WAB	B	0.04%	0.03%	0.03%
WEC	A	0.04%	0.14%	0.04%
WFC	A	0.55%	1.07%	0.55%
WLK	D	0.02%	0.03%	0.02%
WM	B	0.13%	0.28%	0.13%
WMB	A	0.29%	0.43%	0.29%
WMT	A	0.64%	1.84%	0.64%
WRB	A	0.07%	0.08%	0.07%
WST	C	0.05%	0.02%	0.02%
XEL	A	0.11%	0.26%	0.11%
XOM	B	1.04%	2.84%	1.04%
XYL	D	0.04%	0.04%	0.04%
YUM	D	0.04%	0.13%	0.04%
ZBH	C	0.05%	0.02%	0.02%
ZTS	D	0.2%	0.13%	0.13%

AVLC Overweight 695 Positions Relative to DLN

Symbol	Grade	Weight
AMZN	C	3.03%
TSLA	B	0.78%
BRK.A	B	0.67%
NFLX	A	0.48%
VZ	C	0.45%
T	A	0.42%
MELI	C	0.39%
ADBE	C	0.33%
ACN	B	0.32%
PYPL	B	0.32%
AMD	F	0.31%
NOW	A	0.3%
RCL	A	0.28%
VRTX	D	0.25%
FTNT	C	0.23%
CMG	B	0.23%
CB	C	0.22%
LIN	C	0.21%
F	C	0.2%
MMM	D	0.19%
PANW	B	0.19%
TFC	A	0.19%
UAL	A	0.19%
PLTR	B	0.18%
ISRG	A	0.18%
FCX	F	0.18%
INTC	C	0.16%
DECK	A	0.16%
APP	B	0.16%
ACGL	C	0.15%
PFE	F	0.15%
SYF	B	0.15%
LULU	C	0.15%
ANET	C	0.15%
REGN	F	0.14%
DVN	F	0.14%
TT	A	0.14%
ETN	A	0.14%
EME	A	0.14%
IP	A	0.13%
CCL	A	0.13%
VST	A	0.13%
CSL	C	0.13%
TPL	A	0.13%
GEV	B	0.13%
SNPS	B	0.12%
CDNS	B	0.12%
MDT	D	0.12%
SFM	A	0.12%
MKL	A	0.12%
CPNG	D	0.12%
PKG	A	0.12%
BSX	A	0.12%
ON	D	0.12%
ULTA	F	0.11%
MRVL	B	0.11%
OC	A	0.11%
IDXX	F	0.11%
CRWD	B	0.11%
LYB	F	0.11%
EQT	B	0.11%
BURL	B	0.11%
WSM	C	0.11%
GRMN	B	0.1%
CPRT	B	0.1%
AON	A	0.1%
FLEX	B	0.1%
RPM	A	0.1%
SW	A	0.1%
CTRA	B	0.1%
UTHR	C	0.1%
FIX	A	0.1%
JBL	C	0.1%
NVR	D	0.1%
KMI	A	0.1%
FSLR	F	0.1%
MSTR	B	0.09%
VTRS	A	0.09%
CVNA	B	0.09%
EQH	C	0.09%
SLB	C	0.09%
IT	C	0.09%
UBER	F	0.09%
ADSK	A	0.09%
TXRH	B	0.09%
CF	A	0.09%
LII	A	0.09%
CNC	D	0.08%
OVV	B	0.08%
EG	C	0.08%
EW	C	0.08%
NXPI	D	0.08%
RGA	A	0.08%
BG	D	0.08%
GDDY	A	0.08%
LUV	C	0.08%
BJ	A	0.08%
FICO	B	0.08%
SNA	A	0.08%
DKS	D	0.08%
CTVA	C	0.08%
WDAY	B	0.08%
TPR	B	0.08%
FNF	B	0.08%
COIN	C	0.08%
JEF	A	0.08%
FTI	A	0.08%
CASY	A	0.08%
NCLH	B	0.08%
CFG	B	0.08%
EWBC	A	0.08%
SQ	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	B	0.07%
ORLY	B	0.07%
SAIA	B	0.07%
JXN	C	0.07%
DLTR	F	0.07%
ABNB	C	0.07%
MLI	B	0.07%
SPOT	B	0.07%
TOL	B	0.07%
INGR	C	0.07%
POOL	C	0.07%
MUSA	B	0.07%
NEE	C	0.07%
FI	A	0.07%
BLDR	D	0.07%
TDG	D	0.07%
RNR	C	0.07%
PRI	B	0.07%
EXP	B	0.07%
UNM	A	0.06%
ALLY	C	0.06%
PR	B	0.06%
COKE	C	0.06%
WAL	B	0.06%
UHS	D	0.06%
CMA	B	0.06%
LECO	C	0.06%
IFF	D	0.06%
ATI	C	0.06%
GL	C	0.06%
BA	F	0.06%
WMS	F	0.06%
MANH	D	0.06%
GNRC	C	0.06%
AFG	A	0.06%
GPK	C	0.06%
BWXT	B	0.06%
DCI	B	0.06%
PFGC	B	0.06%
DG	F	0.06%
ANF	F	0.06%
DASH	B	0.06%
KEYS	A	0.06%
LPX	B	0.06%
CBRE	B	0.06%
AES	F	0.06%
VMI	B	0.05%
ORI	A	0.05%
ENSG	C	0.05%
AZO	C	0.05%
CROX	D	0.05%
ZM	C	0.05%
TAP	C	0.05%
WFRD	D	0.05%
MOS	F	0.05%
FOXA	A	0.05%
SKX	D	0.05%
JLL	D	0.05%
DXCM	C	0.05%
RHI	C	0.05%
PNW	A	0.05%
WBS	A	0.05%
MKTX	D	0.05%
ARW	D	0.05%
CBT	D	0.05%
WTFC	A	0.05%
MTDR	B	0.05%
AAON	B	0.05%
TER	F	0.05%
SNOW	B	0.05%
KMX	B	0.05%
BWA	D	0.05%
ALV	C	0.05%
AXON	A	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
EVRG	A	0.05%
CHRD	D	0.05%
VEEV	C	0.05%
AIZ	A	0.05%
WAT	C	0.05%
UFPI	C	0.05%
ZION	B	0.05%
LNTH	D	0.05%
AIT	B	0.05%
GGG	B	0.05%
FYBR	C	0.05%
AXS	A	0.05%
DOCU	B	0.05%
WSO	A	0.05%
FND	D	0.05%
CRBG	B	0.05%
TEAM	A	0.05%
NRG	B	0.05%
R	B	0.05%
HOOD	B	0.05%
TTD	B	0.05%
KNSL	B	0.05%
CHTR	C	0.05%
KEY	B	0.05%
RL	C	0.05%
ATR	B	0.05%
AGCO	D	0.04%
ALNY	D	0.04%
EVR	B	0.04%
DTM	A	0.04%
AWI	A	0.04%
SSD	F	0.04%
TWLO	A	0.04%
LNT	A	0.04%
STE	D	0.04%
KNX	C	0.04%
FMC	D	0.04%
SNX	D	0.04%
KEX	B	0.04%
NBIX	C	0.04%
ILMN	C	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
JCI	B	0.04%
XPO	B	0.04%
IQV	F	0.04%
DINO	D	0.04%
FN	C	0.04%
CMC	B	0.04%
CPAY	A	0.04%
NET	B	0.04%
CRUS	D	0.04%
ALGN	D	0.04%
APTV	F	0.04%
TYL	B	0.04%
MTG	C	0.04%
OGE	A	0.04%
WCN	A	0.04%
HII	F	0.04%
TREX	C	0.04%
ITT	A	0.04%
KBH	D	0.04%
KD	B	0.04%
CSGP	D	0.04%
AXTA	B	0.04%
SOFI	B	0.04%
RRC	B	0.04%
CLH	C	0.04%
JKHY	D	0.04%
JAZZ	B	0.04%
CRS	B	0.04%
FHN	A	0.04%
ANSS	B	0.04%
GAP	C	0.04%
LSTR	D	0.04%
EPAM	B	0.04%
SF	B	0.04%
CBSH	B	0.04%
AYI	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
OMF	A	0.04%
EXPE	B	0.04%
EMN	C	0.04%
MHK	D	0.04%
DOX	D	0.03%
MEDP	D	0.03%
LDOS	C	0.03%
GWRE	A	0.03%
IBKR	A	0.03%
COHR	B	0.03%
MOD	A	0.03%
SCI	B	0.03%
LAD	A	0.03%
IBP	D	0.03%
CHRW	B	0.03%
BCC	B	0.03%
BLD	D	0.03%
G	B	0.03%
MRNA	F	0.03%
GMED	A	0.03%
TKR	D	0.03%
DY	D	0.03%
IEX	C	0.03%
FAF	A	0.03%
ENLC	A	0.03%
UHAL	D	0.03%
RLI	A	0.03%
GME	C	0.03%
NWSA	A	0.03%
FFIV	B	0.03%
X	B	0.03%
AFRM	A	0.03%
HALO	F	0.03%
BIIB	F	0.03%
OLN	F	0.03%
PEGA	B	0.03%
NYT	D	0.03%
ZS	B	0.03%
CTLT	C	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	B	0.03%
PODD	C	0.03%
HLNE	B	0.03%
WWD	C	0.03%
EXPO	D	0.03%
NU	C	0.03%
VOYA	B	0.03%
BMRN	F	0.03%
STX	C	0.03%
MTD	F	0.03%
WDC	D	0.03%
MUR	D	0.03%
AM	A	0.03%
PVH	C	0.03%
AKAM	D	0.03%
HOLX	D	0.03%
GNTX	C	0.03%
EHC	B	0.03%
RGLD	C	0.03%
EXEL	B	0.03%
TTWO	A	0.03%
RIVN	F	0.03%
INCY	C	0.03%
ESNT	F	0.03%
MAT	D	0.03%
SEIC	B	0.03%
AA	A	0.03%
PTC	B	0.03%
ALK	B	0.03%
CW	C	0.03%
SSB	B	0.03%
BPOP	C	0.03%
VFC	C	0.03%
TTC	C	0.03%
TDY	B	0.03%
CIEN	C	0.03%
WBD	B	0.03%
CIVI	D	0.03%
APA	D	0.03%
AR	B	0.03%
MNST	C	0.03%
PNFP	B	0.03%
LEA	F	0.03%
CLF	F	0.03%
CVLT	B	0.03%
HRB	D	0.03%
SNV	C	0.03%
AOS	F	0.03%
ONB	C	0.03%
PCTY	C	0.02%
PNR	A	0.02%
EXLS	B	0.02%
LNW	F	0.02%
ROIV	C	0.02%
MSA	F	0.02%
BC	C	0.02%
INSM	C	0.02%
FRPT	A	0.02%
MAS	D	0.02%
RBC	A	0.02%
TRU	D	0.02%
PPC	C	0.02%
SWK	D	0.02%
CHH	A	0.02%
QRVO	F	0.02%
OKTA	C	0.02%
ARMK	B	0.02%
FCN	F	0.02%
AZN	F	0.02%
BAX	F	0.02%
MDU	D	0.02%
NVT	B	0.02%
HOMB	A	0.02%
ALSN	B	0.02%
OZK	B	0.02%
WTW	B	0.02%
FSS	B	0.02%
ROKU	D	0.02%
OLED	F	0.02%
ONTO	F	0.02%
CNM	D	0.02%
NOV	C	0.02%
HAS	D	0.02%
SIGI	C	0.02%
DAR	C	0.02%
BRKR	D	0.02%
BMI	B	0.02%
HLI	A	0.02%
FLR	B	0.02%
GLOB	B	0.02%
JHG	B	0.02%
OLLI	D	0.02%
Z	A	0.02%
LYV	A	0.02%
MMSI	A	0.02%
AMCR	C	0.02%
MOG.A	B	0.02%
CHE	D	0.02%
FLS	B	0.02%
DOCS	C	0.02%
TOST	B	0.02%
LFUS	D	0.02%
TECH	F	0.02%
SWX	B	0.02%
CCK	D	0.02%
FBIN	D	0.02%
VRSN	C	0.02%
LW	C	0.02%
MTH	D	0.02%
SN	D	0.02%
EL	F	0.02%
DT	D	0.02%
COOP	B	0.02%
CG	B	0.02%
NEM	D	0.02%
ENTG	D	0.02%
OSK	C	0.02%
CSWI	B	0.02%
PINS	F	0.02%
FOX	A	0.02%
M	F	0.02%
HESM	B	0.02%
MGY	A	0.02%
PCVX	D	0.02%
NTRA	A	0.02%
JNPR	D	0.02%
QLYS	B	0.02%
IVZ	B	0.02%
SON	F	0.02%
RVTY	F	0.02%
THC	D	0.02%
TMHC	C	0.02%
AMKR	D	0.02%
RVMD	C	0.02%
MASI	B	0.02%
CHDN	B	0.02%
LBRDK	C	0.02%
CADE	B	0.02%
TRMB	B	0.02%
ALLE	C	0.02%
TPX	B	0.02%
ACM	B	0.02%
RPRX	D	0.02%
TFX	F	0.02%
NTNX	B	0.02%
NI	A	0.02%
PB	B	0.02%
SATS	D	0.02%
GFS	C	0.01%
SNAP	D	0.01%
LYFT	C	0.01%
SEE	C	0.01%
RMBS	B	0.01%
ELF	C	0.01%
FLUT	A	0.01%
H	B	0.01%
PAG	B	0.01%
NEU	D	0.01%
SMMT	D	0.01%
IONS	F	0.01%
ADTN	A	0.01%
PI	D	0.01%
RRX	B	0.01%
ZG	A	0.01%
CE	F	0.01%
BBWI	C	0.01%
CFLT	B	0.01%
TNET	F	0.01%
CYTK	F	0.01%
CHWY	B	0.01%
LCID	F	0.01%
AAL	B	0.01%
GTLS	A	0.01%
U	C	0.01%
CWEN	C	0.01%
TDW	F	0.01%
EXAS	D	0.01%
RGEN	D	0.01%
VAL	F	0.01%
NOVT	D	0.01%
VERX	A	0.01%
SUM	B	0.01%
ALTR	B	0.01%
WYNN	C	0.01%
CACC	D	0.01%
PEN	B	0.01%
WTRG	B	0.01%
CAG	F	0.01%
CPB	D	0.01%
DKNG	B	0.01%
NDSN	B	0.01%
GXO	B	0.01%
HQY	A	0.01%
NXST	C	0.01%
PATH	C	0.01%
AVAV	C	0.01%
NWS	A	0.01%
HXL	F	0.01%
ESAB	C	0.01%
DDS	B	0.01%
BRBR	A	0.01%
PCOR	B	0.01%
NPAB	F	0.01%
ACHC	F	0.01%
PSN	D	0.01%
IPG	D	0.01%
DLB	B	0.01%
FOUR	A	0.01%
MORN	B	0.01%
GTLB	B	0.01%
HSIC	C	0.01%
BROS	A	0.01%
MTN	C	0.01%
SOLV	D	0.01%
MKSI	C	0.01%
KRYS	C	0.01%
AGR	A	0.01%
BILL	A	0.01%
CWAN	B	0.01%
RRR	F	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	B	0.01%
CWST	A	0.01%
SSNC	B	0.01%
DBX	B	0.01%
VRNS	D	0.01%
LKQ	F	0.01%
DUOL	A	0.01%
MTCH	D	0.01%
ATKR	D	0.01%
BSY	F	0.01%
BECN	B	0.01%
VNT	C	0.01%
CACI	D	0.01%
USFD	A	0.01%
APPF	B	0.01%
AVTR	F	0.01%
PARA	C	0.01%
MARA	B	0.01%
BOKF	B	0.01%
OGN	F	0.01%
SJM	D	0.01%
RYAN	A	0.01%
SRPT	F	0.01%
RBLX	C	0.01%
BERY	C	0.01%
MTSI	B	0.01%
KBR	F	0.01%
IDA	A	0.01%
XP	F	0.01%
LEVI	F	0.01%
WEX	D	0.01%
CRL	D	0.01%
MGM	D	0.01%
BEN	C	0.01%
AZEK	A	0.01%
MIDD	C	0.01%
BCPC	B	0.01%
ENPH	F	0.01%
NFG	A	0.01%
LUMN	C	0.01%
AN	C	0.01%
BYD	B	0.01%
VVV	D	0.01%
SPSC	D	0.01%
WTS	B	0.01%
BIO	C	0.01%
SMAR	B	0.01%
TTEK	F	0.01%
PLNT	A	0.01%
ZWS	B	0.01%
LNC	C	0.01%
MDGL	B	0.01%
WSC	F	0.01%
GKOS	B	0.01%
PFSI	C	0.01%
SITE	F	0.01%
WING	D	0.01%
DVA	C	0.01%
IOT	A	0.01%
VKTX	F	0.01%
AL	B	0.01%
PBF	D	0.01%
THO	B	0.01%
ELAN	D	0.01%
FIVE	F	0.01%
SM	B	0.01%
SMCI	F	0.01%
CR	A	0.01%
WH	B	0.01%
ALB	B	0.01%
LANC	C	0.01%
ITCI	C	0.01%
AUR	C	0.01%
CELH	F	0.01%
S	B	0.01%
DPZ	C	0.01%
CGNX	D	0.01%
NVST	B	0.0%
TPG	A	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
WHR	B	0.0%
RARE	F	0.0%
AGL	F	0.0%
EMBC	C	0.0%
KLG	B	0.0%
HIMS	B	0.0%
SEDG	F	0.0%
COTY	F	0.0%
FG	A	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
IMVT	F	0.0%
DXC	B	0.0%
RNA	C	0.0%
SPB	C	0.0%
TXG	F	0.0%
WBA	F	0.0%
SAM	C	0.0%
UGI	C	0.0%
BRZE	C	0.0%
CRVL	B	0.0%
BBIO	F	0.0%
GBCI	B	0.0%
UHAL	D	0.0%
AGO	B	0.0%
APLS	F	0.0%
IPGP	D	0.0%
INFA	D	0.0%
FNB	A	0.0%
PLUG	F	0.0%
ZI	D	0.0%
ALKS	C	0.0%
FIZZ	C	0.0%
CWEN	C	0.0%
TDC	D	0.0%
RDN	D	0.0%
HCP	B	0.0%
CAR	C	0.0%
EEFT	B	0.0%
HRI	C	0.0%
SNDR	B	0.0%
WK	B	0.0%
TENB	C	0.0%
FLO	D	0.0%
ALIT	C	0.0%
FRHC	B	0.0%
ST	F	0.0%
LBRDA	C	0.0%
OPCH	D	0.0%
W	D	0.0%
NFE	D	0.0%
BIRK	D	0.0%
OWL	A	0.0%
INSP	D	0.0%
ESI	B	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	F	0.0%
AMG	B	0.0%
COLB	B	0.0%
POST	C	0.0%
ACT	C	0.0%
ETSY	D	0.0%
BFAM	D	0.0%
XRAY	F	0.0%
REYN	D	0.0%
CNA	C	0.0%
NUVL	C	0.0%
DAY	B	0.0%
RDDT	A	0.0%
TMDX	F	0.0%
SAIC	F	0.0%
ALGM	D	0.0%
ZETA	D	0.0%
RBRK	A	0.0%
RH	C	0.0%
SLGN	A	0.0%
TKO	A	0.0%
APG	B	0.0%
BPMC	B	0.0%

AVLC Underweight 22 Positions Relative to DLN

Symbol	Grade	Weight
SPG	A	-0.46%
PLD	F	-0.4%
AMT	C	-0.34%
PSA	C	-0.33%
CCI	C	-0.3%
O	C	-0.28%
VICI	C	-0.28%
WELL	A	-0.25%
DLR	B	-0.23%
EQIX	A	-0.22%
AVB	B	-0.21%
EXR	C	-0.2%
EQR	C	-0.15%
IRM	C	-0.15%
VTR	B	-0.12%
ARE	F	-0.1%
DTD	A	-0.09%
INVH	D	-0.08%
WY	F	-0.07%
SUI	C	-0.05%
SBAC	D	-0.04%
WMG	D	-0.01%