AVLC vs. FCTR ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

$69.74

Average Daily Volume

19,482

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.76

Average Daily Volume

7,787

Number of Holdings ^*

166

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	FCTR
30 Days	4.71%	9.38%
60 Days	6.29%	12.16%
90 Days	7.72%	17.79%
12 Months	33.08%	36.88%

157 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in FCTR	Overlap
AAPL	C	5.24%	0.66%	0.66%
ACGL	D	0.15%	0.8%	0.15%
ADBE	C	0.33%	0.37%	0.33%
ADP	B	0.36%	1.1%	0.36%
ADSK	A	0.09%	0.42%	0.09%
AEE	A	0.08%	0.45%	0.08%
AEP	D	0.14%	0.41%	0.14%
AFL	B	0.19%	0.4%	0.19%
ALNY	D	0.04%	0.43%	0.04%
AME	A	0.05%	0.22%	0.05%
ANET	C	0.15%	1.24%	0.15%
APO	B	0.16%	1.03%	0.16%
APP	B	0.16%	3.82%	0.16%
ARES	A	0.02%	1.04%	0.02%
ATO	A	0.05%	0.27%	0.05%
AVGO	D	1.11%	0.43%	0.43%
AWK	D	0.03%	0.38%	0.03%
AXON	A	0.05%	1.45%	0.05%
BDX	F	0.05%	0.39%	0.05%
BKNG	A	0.13%	0.29%	0.13%
BLK	C	0.18%	0.45%	0.18%
BR	A	0.04%	1.37%	0.04%
BRK.A	B	0.67%	0.24%	0.24%
BRO	B	0.02%	0.94%	0.02%
BSX	B	0.12%	0.47%	0.12%
BSY	D	0.01%	0.37%	0.01%
BX	A	0.11%	0.36%	0.11%
CARR	D	0.06%	0.38%	0.06%
CB	C	0.22%	0.23%	0.22%
CDNS	B	0.12%	0.54%	0.12%
CHD	B	0.05%	0.23%	0.05%
CL	D	0.18%	1.01%	0.18%
CMG	B	0.23%	0.22%	0.22%
CMS	C	0.06%	0.46%	0.06%
COST	B	0.94%	0.34%	0.34%
CPAY	A	0.04%	0.26%	0.04%
CRWD	B	0.11%	0.68%	0.11%
CSCO	B	0.3%	0.25%	0.25%
CSL	C	0.13%	0.33%	0.13%
CTAS	B	0.12%	1.05%	0.12%
DASH	A	0.06%	0.47%	0.06%
DDOG	A	0.05%	0.56%	0.05%
DHI	D	0.12%	0.34%	0.12%
DPZ	C	0.01%	0.45%	0.01%
DRI	B	0.1%	0.49%	0.1%
DTE	C	0.07%	0.4%	0.07%
DUK	C	0.16%	0.49%	0.16%
DXCM	D	0.05%	0.4%	0.05%
ED	D	0.08%	0.43%	0.08%
EIX	B	0.09%	0.43%	0.09%
EME	C	0.14%	0.77%	0.14%
ERIE	D	0.02%	0.45%	0.02%
ETN	A	0.14%	0.3%	0.14%
ETR	B	0.12%	0.5%	0.12%
EXC	C	0.1%	0.4%	0.1%
FAST	B	0.2%	0.52%	0.2%
FCNCA	A	0.12%	0.31%	0.12%
FDS	B	0.04%	0.9%	0.04%
FE	C	0.02%	0.5%	0.02%
FI	A	0.07%	0.92%	0.07%
FICO	B	0.08%	1.51%	0.08%
GIS	D	0.03%	0.35%	0.03%
GWW	B	0.23%	0.28%	0.23%
HCA	F	0.05%	0.33%	0.05%
HON	B	0.15%	0.24%	0.15%
HOOD	B	0.05%	0.92%	0.05%
HSY	F	0.09%	0.19%	0.09%
HUBS	A	0.05%	0.55%	0.05%
HWM	A	0.05%	0.79%	0.05%
ICE	C	0.07%	0.77%	0.07%
IDXX	F	0.11%	0.31%	0.11%
INTU	C	0.27%	0.37%	0.27%
ISRG	A	0.18%	0.91%	0.18%
ITW	B	0.12%	0.84%	0.12%
KDP	D	0.05%	0.42%	0.05%
KKR	A	0.15%	0.68%	0.15%
KLAC	D	0.21%	0.32%	0.21%
KMB	D	0.14%	0.39%	0.14%
KO	D	0.4%	0.52%	0.4%
LDOS	C	0.03%	0.8%	0.03%
LECO	B	0.06%	0.17%	0.06%
LII	A	0.09%	0.37%	0.09%
LLY	F	0.79%	0.72%	0.72%
LMT	D	0.23%	0.45%	0.23%
LNG	B	0.23%	0.52%	0.23%
LNT	A	0.04%	0.49%	0.04%
LW	C	0.02%	0.37%	0.02%
MA	C	0.66%	1.36%	0.66%
MANH	D	0.06%	0.7%	0.06%
MCD	D	0.16%	0.65%	0.16%
MCO	B	0.1%	0.39%	0.1%
MDB	C	0.03%	0.4%	0.03%
MDLZ	F	0.09%	0.19%	0.09%
MDT	D	0.12%	0.39%	0.12%
META	D	2.26%	0.45%	0.45%
MMC	B	0.09%	0.54%	0.09%
MNST	C	0.03%	0.19%	0.03%
MPWR	F	0.04%	0.31%	0.04%
MSCI	C	0.05%	0.49%	0.05%
MSFT	F	4.39%	0.36%	0.36%
MSI	B	0.23%	1.73%	0.23%
MSTR	C	0.09%	2.06%	0.09%
NET	B	0.04%	0.58%	0.04%
NFLX	A	0.48%	0.47%	0.47%
NI	A	0.02%	0.55%	0.02%
NOC	D	0.05%	0.4%	0.05%
NOW	A	0.3%	0.51%	0.3%
NVDA	C	4.82%	0.77%	0.77%
NVR	D	0.1%	0.36%	0.1%
OKE	A	0.2%	0.36%	0.2%
ORCL	B	0.42%	0.51%	0.42%
ORLY	B	0.07%	0.43%	0.07%
PANW	C	0.19%	0.5%	0.19%
PAYX	C	0.17%	1.42%	0.17%
PCAR	B	0.25%	0.19%	0.19%
PEP	F	0.27%	0.2%	0.2%
PG	A	0.39%	0.52%	0.39%
PGR	A	0.46%	0.48%	0.46%
PH	A	0.09%	0.62%	0.09%
PHM	D	0.12%	0.42%	0.12%
PLTR	B	0.18%	2.43%	0.18%
PPG	F	0.05%	0.41%	0.05%
PPL	B	0.07%	0.51%	0.07%
PWR	A	0.09%	0.37%	0.09%
RBLX	C	0.01%	0.49%	0.01%
RCL	A	0.28%	0.56%	0.28%
RIVN	F	0.03%	0.32%	0.03%
ROL	B	0.03%	0.9%	0.03%
ROP	B	0.09%	0.42%	0.09%
ROST	C	0.21%	0.47%	0.21%
RSG	A	0.04%	0.24%	0.04%
SNOW	C	0.05%	0.51%	0.05%
SNPS	B	0.12%	0.44%	0.12%
SO	D	0.13%	0.44%	0.13%
SPGI	C	0.09%	0.47%	0.09%
SRE	A	0.07%	0.5%	0.07%
SYK	C	0.12%	1.36%	0.12%
SYY	B	0.07%	0.77%	0.07%
TDG	D	0.07%	0.99%	0.07%
THC	D	0.02%	0.81%	0.02%
TJX	A	0.44%	0.6%	0.44%
TOL	B	0.07%	0.52%	0.07%
TPL	A	0.13%	0.75%	0.13%
TRGP	B	0.27%	0.73%	0.27%
TT	A	0.14%	0.82%	0.14%
TTD	B	0.05%	0.59%	0.05%
TTWO	A	0.03%	0.51%	0.03%
URI	B	0.2%	0.41%	0.2%
V	A	0.59%	1.34%	0.59%
VRSK	A	0.12%	0.93%	0.12%
VRSN	F	0.02%	0.87%	0.02%
VRTX	F	0.25%	0.37%	0.25%
VST	B	0.13%	1.86%	0.13%
WEC	A	0.04%	0.48%	0.04%
WM	A	0.13%	0.22%	0.13%
YUM	B	0.04%	0.95%	0.04%
ZS	C	0.03%	0.53%	0.03%

AVLC Overweight 819 Positions Relative to FCTR

Symbol	Grade	Weight
AMZN	C	3.03%
GOOGL	C	1.57%
GOOG	C	1.3%
JPM	A	1.19%
XOM	B	1.04%
TSLA	B	0.78%
CVX	A	0.64%
WMT	A	0.64%
HD	A	0.58%
JNJ	D	0.58%
WFC	A	0.55%
CAT	B	0.52%
QCOM	F	0.48%
UNP	C	0.47%
VZ	C	0.45%
GS	A	0.44%
CRM	B	0.44%
T	A	0.42%
BAC	A	0.42%
AXP	A	0.4%
MELI	D	0.39%
CMCSA	B	0.38%
COP	C	0.38%
ABBV	D	0.38%
AMAT	F	0.36%
UNH	C	0.36%
MS	A	0.35%
GILD	C	0.35%
LRCX	F	0.34%
MRK	F	0.32%
ACN	C	0.32%
PYPL	B	0.32%
GM	B	0.31%
TMUS	B	0.31%
AMD	F	0.31%
EOG	A	0.3%
DE	A	0.3%
WMB	A	0.29%
TGT	F	0.29%
IBM	C	0.27%
FDX	B	0.26%
TRV	B	0.26%
TXN	C	0.26%
AMP	A	0.26%
CSX	B	0.26%
C	A	0.23%
COF	B	0.23%
FTNT	C	0.23%
USB	A	0.23%
DAL	C	0.23%
APD	A	0.22%
NSC	B	0.22%
PNC	B	0.22%
MPC	D	0.22%
LIN	D	0.21%
CMI	A	0.21%
SCHW	B	0.21%
ALL	A	0.2%
GE	D	0.2%
ABT	B	0.2%
ZTS	D	0.2%
F	C	0.2%
MET	A	0.2%
KR	B	0.2%
AIG	B	0.2%
MMM	D	0.19%
TFC	A	0.19%
UPS	C	0.19%
HIG	B	0.19%
HES	B	0.19%
AMGN	D	0.19%
UAL	A	0.19%
PSX	C	0.19%
BK	A	0.18%
PM	B	0.18%
DIS	B	0.18%
PRU	A	0.18%
BMY	B	0.18%
FCX	D	0.18%
BKR	B	0.18%
VLO	C	0.17%
TSCO	D	0.17%
NKE	D	0.17%
LEN	D	0.17%
MU	D	0.17%
FANG	D	0.17%
NUE	C	0.16%
INTC	D	0.16%
DECK	A	0.16%
RTX	C	0.16%
ADI	D	0.15%
OXY	D	0.15%
TMO	F	0.15%
PFE	D	0.15%
SYF	B	0.15%
LULU	C	0.15%
REGN	F	0.14%
FITB	A	0.14%
DOW	F	0.14%
SHW	A	0.14%
DVN	F	0.14%
MLM	B	0.14%
EBAY	D	0.14%
ODFL	B	0.14%
CTSH	B	0.13%
IP	B	0.13%
VRT	B	0.13%
CCL	B	0.13%
DHR	F	0.13%
HAL	C	0.13%
ELV	F	0.13%
PCG	A	0.13%
GEV	B	0.13%
BBY	D	0.12%
MTB	A	0.12%
CME	A	0.12%
SFM	A	0.12%
MKL	A	0.12%
CPNG	D	0.12%
LOW	D	0.12%
STLD	B	0.12%
PKG	A	0.12%
ON	D	0.12%
APH	A	0.12%
HBAN	A	0.11%
ULTA	F	0.11%
NTRS	A	0.11%
MRVL	B	0.11%
OC	A	0.11%
ADM	D	0.11%
MRO	B	0.11%
XEL	A	0.11%
LYB	F	0.11%
EQT	B	0.11%
RJF	A	0.11%
BURL	A	0.11%
CEG	D	0.11%
WSM	B	0.11%
GRMN	B	0.1%
CPRT	A	0.1%
AON	A	0.1%
TROW	B	0.1%
PEG	A	0.1%
STT	A	0.1%
FLEX	A	0.1%
RPM	A	0.1%
SW	A	0.1%
LPLA	A	0.1%
CTRA	B	0.1%
UTHR	C	0.1%
FIX	A	0.1%
JBL	B	0.1%
KMI	A	0.1%
FSLR	F	0.1%
MO	A	0.09%
VTRS	A	0.09%
LVS	C	0.09%
CVNA	B	0.09%
EXPD	D	0.09%
EQH	B	0.09%
SLB	C	0.09%
GLW	B	0.09%
PFG	D	0.09%
COR	B	0.09%
SBUX	A	0.09%
IT	C	0.09%
UBER	D	0.09%
TXRH	C	0.09%
CF	B	0.09%
CNC	D	0.08%
OVV	B	0.08%
EG	C	0.08%
EW	C	0.08%
NXPI	D	0.08%
JBHT	C	0.08%
RGA	A	0.08%
BG	F	0.08%
GDDY	A	0.08%
LUV	C	0.08%
BJ	A	0.08%
SNA	A	0.08%
DKS	C	0.08%
RF	A	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%
HPE	B	0.08%
FTI	A	0.08%
CASY	A	0.08%
NCLH	B	0.08%
DFS	B	0.08%
CFG	B	0.08%
EWBC	A	0.08%
SQ	B	0.07%
L	A	0.07%
SWKS	F	0.07%
CINF	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	B	0.07%
MCK	B	0.07%
SAIA	B	0.07%
JXN	C	0.07%
DLTR	F	0.07%
WRB	A	0.07%
ABNB	C	0.07%
MLI	C	0.07%
SPOT	B	0.07%
INGR	B	0.07%
RMD	C	0.07%
POOL	C	0.07%
CI	F	0.07%
RS	B	0.07%
MUSA	A	0.07%
NEE	D	0.07%
BLDR	D	0.07%
RNR	C	0.07%
PRI	A	0.07%
EXP	A	0.07%
UNM	A	0.06%
ALLY	C	0.06%
PR	B	0.06%
VLTO	D	0.06%
COKE	C	0.06%
KVUE	A	0.06%
WAL	B	0.06%
UHS	D	0.06%
CMA	A	0.06%
IFF	D	0.06%
ATI	D	0.06%
GL	B	0.06%
BA	F	0.06%
WMS	D	0.06%
GPC	D	0.06%
GNRC	B	0.06%
AFG	A	0.06%
GPK	C	0.06%
CLX	B	0.06%
A	D	0.06%
BWXT	B	0.06%
FIS	C	0.06%
DCI	B	0.06%
PFGC	B	0.06%
EA	A	0.06%
DG	F	0.06%
ANF	C	0.06%
KEYS	A	0.06%
DD	D	0.06%
LPX	B	0.06%
NTAP	C	0.06%
ECL	D	0.06%
CBRE	B	0.06%
BALL	D	0.06%
AES	F	0.06%
VMI	B	0.05%
ORI	A	0.05%
ENSG	D	0.05%
AZO	C	0.05%
CROX	D	0.05%
ZM	B	0.05%
CVS	D	0.05%
TAP	C	0.05%
TSN	B	0.05%
WFRD	D	0.05%
MOS	F	0.05%
FOXA	B	0.05%
SKX	D	0.05%
JLL	D	0.05%
AJG	B	0.05%
KHC	F	0.05%
RHI	B	0.05%
PNW	B	0.05%
WBS	A	0.05%
MKTX	D	0.05%
ZBH	C	0.05%
ARW	D	0.05%
CBT	C	0.05%
HUM	C	0.05%
WTFC	A	0.05%
VMC	B	0.05%
MTDR	B	0.05%
AAON	B	0.05%
MCHP	D	0.05%
D	C	0.05%
GD	F	0.05%
TER	D	0.05%
HPQ	B	0.05%
CDW	F	0.05%
KMX	B	0.05%
BWA	D	0.05%
ALV	C	0.05%
EVRG	A	0.05%
TXT	D	0.05%
CHRD	D	0.05%
VEEV	C	0.05%
STZ	D	0.05%
AIZ	A	0.05%
WAT	B	0.05%
UFPI	B	0.05%
ZION	B	0.05%
IR	B	0.05%
MAR	B	0.05%
LNTH	D	0.05%
AIT	A	0.05%
GGG	B	0.05%
FYBR	D	0.05%
WST	C	0.05%
AXS	A	0.05%
DOCU	A	0.05%
WSO	A	0.05%
FND	C	0.05%
CRBG	B	0.05%
TEAM	A	0.05%
NRG	B	0.05%
R	B	0.05%
KNSL	B	0.05%
DELL	C	0.05%
EMR	A	0.05%
HLT	A	0.05%
CHTR	C	0.05%
KEY	B	0.05%
RL	B	0.05%
ATR	B	0.05%
AGCO	D	0.04%
EVR	B	0.04%
DTM	B	0.04%
AWI	A	0.04%
SSD	D	0.04%
TWLO	A	0.04%
STE	F	0.04%
KNX	B	0.04%
FMC	D	0.04%
SNX	C	0.04%
KEX	C	0.04%
NBIX	C	0.04%
ILMN	D	0.04%
HUBB	B	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
JCI	C	0.04%
XPO	B	0.04%
XYL	D	0.04%
IQV	D	0.04%
DINO	D	0.04%
FN	D	0.04%
LH	C	0.04%
ROK	B	0.04%
CMC	B	0.04%
CRUS	D	0.04%
ALGN	D	0.04%
APTV	D	0.04%
TYL	B	0.04%
MTG	C	0.04%
OGE	B	0.04%
WCN	A	0.04%
OTIS	C	0.04%
HII	D	0.04%
TREX	C	0.04%
ITT	A	0.04%
KBH	D	0.04%
KD	B	0.04%
CSGP	D	0.04%
AXTA	A	0.04%
SOFI	A	0.04%
RRC	B	0.04%
CLH	B	0.04%
JKHY	D	0.04%
JAZZ	B	0.04%
CRS	A	0.04%
FHN	A	0.04%
WAB	B	0.04%
ANSS	B	0.04%
GAP	C	0.04%
LSTR	D	0.04%
EPAM	C	0.04%
SF	B	0.04%
CBSH	A	0.04%
AYI	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
OMF	A	0.04%
EXPE	B	0.04%
EMN	D	0.04%
MHK	D	0.04%
DOX	D	0.03%
MEDP	D	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	C	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	B	0.03%
FAF	A	0.03%
ENLC	A	0.03%
UHAL	D	0.03%
RLI	B	0.03%
GME	C	0.03%
NWSA	B	0.03%
FFIV	B	0.03%
X	C	0.03%
AFRM	B	0.03%
HALO	F	0.03%
BIIB	F	0.03%
OLN	D	0.03%
PEGA	A	0.03%
NYT	C	0.03%
CTLT	B	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
PODD	C	0.03%
HLNE	B	0.03%
WWD	B	0.03%
EXPO	D	0.03%
NU	C	0.03%
VOYA	B	0.03%
BMRN	D	0.03%
STX	D	0.03%
CBOE	B	0.03%
MTD	D	0.03%
LHX	C	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%
GEHC	F	0.03%
INCY	C	0.03%
ESNT	D	0.03%
MAT	D	0.03%
SEIC	B	0.03%
AA	B	0.03%
DOV	A	0.03%
PTC	A	0.03%
K	A	0.03%
ALK	C	0.03%
CW	B	0.03%
SSB	B	0.03%
CAH	B	0.03%
BPOP	B	0.03%
VFC	C	0.03%
TTC	D	0.03%
TDY	B	0.03%
CIEN	B	0.03%
BAH	F	0.03%
WBD	C	0.03%
CIVI	D	0.03%
APA	D	0.03%
AR	B	0.03%
PNFP	B	0.03%
LEA	D	0.03%
CLF	F	0.03%
CVLT	B	0.03%
AVY	D	0.03%
HRB	D	0.03%
SNV	B	0.03%
AOS	F	0.03%
ONB	B	0.03%
PCTY	B	0.02%
PNR	A	0.02%
EXLS	B	0.02%
LNW	D	0.02%
ROIV	C	0.02%
MSA	D	0.02%
BC	C	0.02%
INSM	C	0.02%
FRPT	B	0.02%
MAS	D	0.02%
RBC	A	0.02%
TRU	D	0.02%
PPC	C	0.02%
OMC	C	0.02%
SWK	D	0.02%
CHH	A	0.02%
QRVO	F	0.02%
OKTA	C	0.02%
HRL	D	0.02%
ARMK	B	0.02%
FCN	D	0.02%
AZN	D	0.02%
BAX	D	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	D	0.02%
ONTO	D	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	B	0.02%
FLR	B	0.02%
GLOB	B	0.02%
JHG	A	0.02%
OLLI	D	0.02%
Z	A	0.02%
LYV	A	0.02%
MMSI	B	0.02%
AMCR	D	0.02%
MOG.A	B	0.02%
CHE	D	0.02%
FLS	B	0.02%
DOCS	C	0.02%
TOST	B	0.02%
LFUS	F	0.02%
TECH	D	0.02%
SWX	B	0.02%
ES	D	0.02%
CCK	C	0.02%
FBIN	D	0.02%
EFX	F	0.02%
MTH	D	0.02%
SN	D	0.02%
EL	F	0.02%
DT	C	0.02%
CNP	B	0.02%
COOP	B	0.02%
CG	A	0.02%
NEM	D	0.02%
ENTG	D	0.02%
OSK	B	0.02%
CSWI	A	0.02%
PINS	D	0.02%
FOX	A	0.02%
M	D	0.02%
HESM	B	0.02%
MGY	A	0.02%
PCVX	D	0.02%
NTRA	B	0.02%
NDAQ	A	0.02%
JNPR	F	0.02%
QLYS	C	0.02%
TW	A	0.02%
IVZ	B	0.02%
SON	D	0.02%
RVTY	F	0.02%
TMHC	B	0.02%
AMKR	D	0.02%
RVMD	C	0.02%
MASI	A	0.02%
CHDN	B	0.02%
LBRDK	C	0.02%
CADE	B	0.02%
TRMB	B	0.02%
ALLE	D	0.02%
TPX	B	0.02%
ACM	A	0.02%
RPRX	D	0.02%
TFX	F	0.02%
WLK	D	0.02%
NTNX	A	0.02%
PB	A	0.02%
SATS	D	0.02%
GFS	C	0.01%
SNAP	C	0.01%
LYFT	C	0.01%
HEI	B	0.01%
SEE	C	0.01%
RMBS	C	0.01%
ELF	C	0.01%
FLUT	A	0.01%
H	B	0.01%
PAG	B	0.01%
NEU	C	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	D	0.01%
CFLT	B	0.01%
TNET	D	0.01%
CYTK	F	0.01%
CHWY	B	0.01%
LCID	F	0.01%
AAL	B	0.01%
GTLS	B	0.01%
U	C	0.01%
CWEN	C	0.01%
TDW	F	0.01%
EXAS	D	0.01%
RGEN	D	0.01%
LEN	D	0.01%
VAL	D	0.01%
NOVT	D	0.01%
VERX	B	0.01%
SUM	B	0.01%
ALTR	B	0.01%
WYNN	D	0.01%
CACC	D	0.01%
PEN	B	0.01%
WTRG	B	0.01%
CAG	D	0.01%
CPB	D	0.01%
DKNG	B	0.01%
NDSN	B	0.01%
GXO	B	0.01%
HQY	B	0.01%
NXST	C	0.01%
PATH	C	0.01%
AVAV	D	0.01%
NWS	B	0.01%
HXL	D	0.01%
ESAB	B	0.01%
DDS	B	0.01%
BRBR	A	0.01%
PCOR	B	0.01%
NPAB	B	0.01%
ACHC	F	0.01%
PSN	D	0.01%
IPG	D	0.01%
DLB	B	0.01%
FOUR	B	0.01%
MORN	B	0.01%
HEI	B	0.01%
GTLB	B	0.01%
HSIC	B	0.01%
BROS	B	0.01%
MTN	C	0.01%
SOLV	C	0.01%
MKSI	C	0.01%
KRYS	B	0.01%
AGR	B	0.01%
BILL	A	0.01%
CWAN	B	0.01%
RRR	D	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	A	0.01%
CWST	A	0.01%
SSNC	B	0.01%
DBX	B	0.01%
VRNS	D	0.01%
LKQ	D	0.01%
DUOL	A	0.01%
MTCH	D	0.01%
ATKR	C	0.01%
BECN	B	0.01%
VNT	B	0.01%
CACI	D	0.01%
USFD	A	0.01%
APPF	B	0.01%
AVTR	F	0.01%
PARA	C	0.01%
MARA	C	0.01%
BOKF	B	0.01%
OGN	D	0.01%
SJM	D	0.01%
GPN	B	0.01%
J	F	0.01%
RYAN	B	0.01%
SRPT	D	0.01%
BERY	B	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	C	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%
DGX	A	0.01%
NFG	A	0.01%
LUMN	C	0.01%
AN	C	0.01%
BYD	C	0.01%
VVV	F	0.01%
SPSC	C	0.01%
WTS	B	0.01%
BIO	D	0.01%
SMAR	A	0.01%
TTEK	F	0.01%
PLNT	A	0.01%
ZWS	B	0.01%
LNC	B	0.01%
MDGL	B	0.01%
MKC	D	0.01%
WSC	D	0.01%
GKOS	B	0.01%
PFSI	D	0.01%
SITE	D	0.01%
WING	D	0.01%
DVA	B	0.01%
IOT	A	0.01%
VKTX	F	0.01%
AL	B	0.01%
PBF	D	0.01%
FTV	C	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	C	0.01%
LANC	C	0.01%
ITCI	C	0.01%
AUR	C	0.01%
CELH	F	0.01%
S	B	0.01%
CGNX	C	0.01%
NVST	B	0.0%
TPG	A	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
WHR	B	0.0%
RARE	D	0.0%
AGL	F	0.0%
EMBC	C	0.0%
KLG	C	0.0%
HIMS	B	0.0%
SEDG	F	0.0%
COTY	F	0.0%
FG	B	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
IMVT	F	0.0%
DXC	B	0.0%
RNA	D	0.0%
SPB	C	0.0%
TXG	F	0.0%
SIRI	C	0.0%
WBA	F	0.0%
SAM	C	0.0%
UGI	A	0.0%
BRZE	C	0.0%
CRVL	A	0.0%
BBIO	F	0.0%
GBCI	B	0.0%
UHAL	D	0.0%
AGO	B	0.0%
APLS	D	0.0%
IPGP	D	0.0%
INFA	D	0.0%
FNB	A	0.0%
PLUG	F	0.0%
ZI	D	0.0%
ALKS	B	0.0%
FIZZ	C	0.0%
CWEN	C	0.0%
TDC	D	0.0%
RDN	C	0.0%
HCP	B	0.0%
CAR	C	0.0%
EEFT	B	0.0%
HRI	B	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	F	0.0%
NFE	D	0.0%
BIRK	D	0.0%
OWL	A	0.0%
INSP	D	0.0%
ESI	A	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	F	0.0%
AMG	B	0.0%
COLB	A	0.0%
POST	C	0.0%
ACT	D	0.0%
ETSY	D	0.0%
BFAM	D	0.0%
XRAY	F	0.0%
REYN	D	0.0%
CNA	B	0.0%
NUVL	D	0.0%
DAY	B	0.0%
RDDT	B	0.0%
TMDX	F	0.0%
SAIC	F	0.0%
ALGM	D	0.0%
ZETA	D	0.0%
RBRK	A	0.0%
RH	B	0.0%
SLGN	A	0.0%
TKO	B	0.0%
APG	B	0.0%
BPMC	C	0.0%

AVLC Underweight 9 Positions Relative to FCTR

Symbol	Grade	Weight
VICI	C	-0.63%
IRM	D	-0.61%
SBAC	D	-0.53%
AVB	B	-0.43%
GLPI	C	-0.42%
O	D	-0.41%
EQR	B	-0.4%
PSA	D	-0.34%
AMT	D	-0.34%