AVLC vs. PALC ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

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

PALC

Pacer Lunt Large Cap Multi-Factor Alternator ETF

PALC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.39

Average Daily Volume

19,012

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	PALC
30 Days	4.71%	4.42%
60 Days	6.29%	6.04%
90 Days	7.72%	8.35%
12 Months	33.08%	36.24%

168 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in PALC	Overlap
ABT	B	0.2%	0.47%	0.2%
ADP	B	0.36%	0.54%	0.36%
AEP	D	0.14%	0.45%	0.14%
AES	F	0.06%	0.11%	0.06%
AJG	B	0.05%	0.46%	0.05%
AKAM	D	0.03%	0.09%	0.03%
ALB	C	0.01%	0.09%	0.01%
AME	A	0.05%	0.24%	0.05%
AMGN	D	0.19%	1.59%	0.19%
AMP	A	0.26%	0.45%	0.26%
AON	A	0.1%	1.04%	0.1%
APD	A	0.22%	0.44%	0.22%
ATO	A	0.05%	0.6%	0.05%
AVY	D	0.03%	0.45%	0.03%
AZO	C	0.05%	0.54%	0.05%
BA	F	0.06%	0.73%	0.06%
BAC	A	0.42%	1.98%	0.42%
BIIB	F	0.03%	0.14%	0.03%
BK	A	0.18%	0.8%	0.18%
BKNG	A	0.13%	1.26%	0.13%
BR	A	0.04%	0.48%	0.04%
BRK.A	B	0.67%	0.64%	0.64%
BRO	B	0.02%	0.45%	0.02%
BSX	B	0.12%	0.53%	0.12%
C	A	0.23%	1.0%	0.23%
CAH	B	0.03%	0.25%	0.03%
CB	C	0.22%	0.49%	0.22%
CCL	B	0.13%	0.12%	0.12%
CHD	B	0.05%	0.53%	0.05%
CHTR	C	0.05%	0.28%	0.05%
CL	D	0.18%	0.6%	0.18%
CME	A	0.12%	0.51%	0.12%
CMS	C	0.06%	0.62%	0.06%
COR	B	0.09%	0.48%	0.09%
CPRT	A	0.1%	0.33%	0.1%
CSX	B	0.26%	0.41%	0.26%
CTAS	B	0.12%	0.47%	0.12%
CTLT	B	0.03%	0.05%	0.03%
CVX	A	0.64%	0.46%	0.46%
CZR	F	0.0%	0.05%	0.0%
DPZ	C	0.01%	0.14%	0.01%
DTE	C	0.07%	0.45%	0.07%
DUK	C	0.16%	0.53%	0.16%
EA	A	0.06%	0.51%	0.06%
ECL	D	0.06%	0.44%	0.06%
ED	D	0.08%	0.5%	0.08%
EIX	B	0.09%	0.67%	0.09%
EL	F	0.02%	0.1%	0.02%
EQT	B	0.11%	0.14%	0.11%
ES	D	0.02%	0.12%	0.02%
EVRG	A	0.05%	0.51%	0.05%
F	C	0.2%	0.25%	0.2%
FE	C	0.02%	0.64%	0.02%
FI	A	0.07%	0.54%	0.07%
FICO	B	0.08%	0.56%	0.08%
FMC	D	0.04%	0.04%	0.04%
FTNT	C	0.23%	0.55%	0.23%
GD	F	0.05%	0.5%	0.05%
GIS	D	0.03%	0.44%	0.03%
GS	A	0.44%	1.95%	0.44%
HCA	F	0.05%	0.66%	0.05%
HIG	B	0.19%	0.44%	0.19%
HLT	A	0.05%	1.0%	0.05%
HOLX	D	0.03%	0.47%	0.03%
HON	B	0.15%	0.54%	0.15%
HPQ	B	0.05%	0.3%	0.05%
HSIC	B	0.01%	0.06%	0.01%
HUBB	B	0.04%	0.15%	0.04%
ICE	C	0.07%	0.51%	0.07%
ITW	B	0.12%	0.53%	0.12%
JKHY	D	0.04%	0.44%	0.04%
JNJ	D	0.58%	0.54%	0.54%
JPM	A	1.19%	2.69%	1.19%
KDP	D	0.05%	0.49%	0.05%
KEY	B	0.05%	0.11%	0.05%
KMB	D	0.14%	0.49%	0.14%
KMI	A	0.1%	0.53%	0.1%
KMX	B	0.05%	0.07%	0.05%
KO	D	0.4%	0.68%	0.4%
L	A	0.07%	0.56%	0.07%
LDOS	C	0.03%	0.36%	0.03%
LHX	C	0.03%	0.75%	0.03%
LIN	D	0.21%	0.53%	0.21%
LKQ	D	0.01%	0.06%	0.01%
LMT	D	0.23%	0.52%	0.23%
LNT	A	0.04%	0.52%	0.04%
LOW	D	0.12%	1.5%	0.12%
LW	C	0.02%	0.07%	0.02%
LYB	F	0.11%	0.44%	0.11%
LYV	A	0.02%	0.21%	0.02%
MA	C	0.66%	0.54%	0.54%
MAR	B	0.05%	0.64%	0.05%
MAS	D	0.02%	0.16%	0.02%
MCD	D	0.16%	2.73%	0.16%
MCK	B	0.07%	0.74%	0.07%
MDLZ	F	0.09%	0.49%	0.09%
MDT	D	0.12%	0.43%	0.12%
MET	A	0.2%	0.26%	0.2%
MGM	D	0.01%	0.08%	0.01%
MMC	B	0.09%	0.57%	0.09%
MO	A	0.09%	1.38%	0.09%
MS	A	0.35%	1.34%	0.35%
MSCI	C	0.05%	0.62%	0.05%
MSI	B	0.23%	0.53%	0.23%
MTCH	D	0.01%	0.08%	0.01%
MTD	D	0.03%	0.21%	0.03%
NCLH	B	0.08%	0.06%	0.06%
NDAQ	A	0.02%	0.46%	0.02%
NDSN	B	0.01%	0.1%	0.01%
NEE	D	0.07%	0.93%	0.07%
NEM	D	0.02%	0.41%	0.02%
NI	A	0.02%	0.64%	0.02%
NOC	D	0.05%	0.46%	0.05%
NTRS	A	0.11%	0.11%	0.11%
OKE	A	0.2%	1.02%	0.2%
ORCL	B	0.42%	2.1%	0.42%
ORLY	B	0.07%	1.1%	0.07%
OTIS	C	0.04%	0.84%	0.04%
PAYX	C	0.17%	0.43%	0.17%
PCG	A	0.13%	0.7%	0.13%
PEG	A	0.1%	0.51%	0.1%
PEP	F	0.27%	0.51%	0.27%
PFE	D	0.15%	0.86%	0.15%
PG	A	0.39%	0.6%	0.39%
PKG	A	0.12%	0.44%	0.12%
PM	B	0.18%	2.45%	0.18%
PNW	B	0.05%	0.44%	0.05%
PPG	F	0.05%	0.45%	0.05%
PPL	B	0.07%	0.54%	0.07%
PTC	A	0.03%	0.12%	0.03%
RCL	A	0.28%	0.26%	0.26%
RMD	C	0.07%	0.23%	0.07%
ROP	B	0.09%	0.48%	0.09%
RSG	A	0.04%	0.61%	0.04%
RTX	C	0.16%	0.49%	0.16%
SBUX	A	0.09%	1.11%	0.09%
SO	D	0.13%	0.49%	0.13%
SPGI	C	0.09%	0.5%	0.09%
SRE	A	0.07%	0.5%	0.07%
STT	A	0.1%	0.18%	0.1%
STX	D	0.03%	0.13%	0.03%
STZ	D	0.05%	0.47%	0.05%
SYK	C	0.12%	0.47%	0.12%
SYY	B	0.07%	0.43%	0.07%
TDG	D	0.07%	0.77%	0.07%
TECH	D	0.02%	0.06%	0.02%
TFC	A	0.19%	0.34%	0.19%
TJX	A	0.44%	0.51%	0.44%
TMUS	B	0.31%	0.57%	0.31%
TRGP	B	0.27%	0.24%	0.24%
TRMB	B	0.02%	0.13%	0.02%
TSLA	B	0.78%	4.13%	0.78%
TTWO	A	0.03%	0.24%	0.03%
UAL	A	0.19%	0.16%	0.16%
UNP	C	0.47%	0.45%	0.45%
V	A	0.59%	0.53%	0.53%
VRSN	F	0.02%	0.62%	0.02%
VRTX	F	0.25%	0.59%	0.25%
WAT	B	0.05%	0.14%	0.05%
WEC	A	0.04%	0.48%	0.04%
WFC	A	0.55%	1.42%	0.55%
WM	A	0.13%	0.48%	0.13%
WMB	A	0.29%	0.49%	0.29%
WMT	A	0.64%	0.47%	0.47%
WTW	B	0.02%	0.49%	0.02%
WYNN	D	0.01%	0.09%	0.01%
XYL	D	0.04%	0.23%	0.04%
YUM	B	0.04%	0.9%	0.04%

AVLC Overweight 808 Positions Relative to PALC

Symbol	Grade	Weight
AAPL	C	5.24%
NVDA	C	4.82%
MSFT	F	4.39%
AMZN	C	3.03%
META	D	2.26%
GOOGL	C	1.57%
GOOG	C	1.3%
AVGO	D	1.11%
XOM	B	1.04%
COST	B	0.94%
LLY	F	0.79%
HD	A	0.58%
CAT	B	0.52%
QCOM	F	0.48%
NFLX	A	0.48%
PGR	A	0.46%
VZ	C	0.45%
CRM	B	0.44%
T	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%
GILD	C	0.35%
LRCX	F	0.34%
ADBE	C	0.33%
MRK	F	0.32%
ACN	C	0.32%
PYPL	B	0.32%
GM	B	0.31%
AMD	F	0.31%
NOW	A	0.3%
EOG	A	0.3%
DE	A	0.3%
CSCO	B	0.3%
TGT	F	0.29%
INTU	C	0.27%
IBM	C	0.27%
FDX	B	0.26%
TRV	B	0.26%
TXN	C	0.26%
PCAR	B	0.25%
COF	B	0.23%
GWW	B	0.23%
USB	A	0.23%
LNG	B	0.23%
DAL	C	0.23%
CMG	B	0.23%
NSC	B	0.22%
PNC	B	0.22%
MPC	D	0.22%
KLAC	D	0.21%
CMI	A	0.21%
SCHW	B	0.21%
ROST	C	0.21%
ALL	A	0.2%
GE	D	0.2%
ZTS	D	0.2%
URI	B	0.2%
KR	B	0.2%
FAST	B	0.2%
AIG	B	0.2%
MMM	D	0.19%
PANW	C	0.19%
UPS	C	0.19%
HES	B	0.19%
AFL	B	0.19%
PSX	C	0.19%
PLTR	B	0.18%
ISRG	A	0.18%
DIS	B	0.18%
PRU	A	0.18%
BMY	B	0.18%
FCX	D	0.18%
BLK	C	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%
APP	B	0.16%
APO	B	0.16%
ACGL	D	0.15%
ADI	D	0.15%
OXY	D	0.15%
TMO	F	0.15%
SYF	B	0.15%
KKR	A	0.15%
LULU	C	0.15%
ANET	C	0.15%
REGN	F	0.14%
FITB	A	0.14%
DOW	F	0.14%
SHW	A	0.14%
DVN	F	0.14%
TT	A	0.14%
MLM	B	0.14%
ETN	A	0.14%
EBAY	D	0.14%
EME	C	0.14%
ODFL	B	0.14%
CTSH	B	0.13%
IP	B	0.13%
VRT	B	0.13%
DHR	F	0.13%
HAL	C	0.13%
VST	B	0.13%
CSL	C	0.13%
ELV	F	0.13%
TPL	A	0.13%
GEV	B	0.13%
SNPS	B	0.12%
BBY	D	0.12%
MTB	A	0.12%
CDNS	B	0.12%
ETR	B	0.12%
SFM	A	0.12%
FCNCA	A	0.12%
PHM	D	0.12%
DHI	D	0.12%
MKL	A	0.12%
CPNG	D	0.12%
STLD	B	0.12%
ON	D	0.12%
VRSK	A	0.12%
APH	A	0.12%
HBAN	A	0.11%
ULTA	F	0.11%
BX	A	0.11%
MRVL	B	0.11%
OC	A	0.11%
ADM	D	0.11%
MRO	B	0.11%
IDXX	F	0.11%
XEL	A	0.11%
CRWD	B	0.11%
RJF	A	0.11%
BURL	A	0.11%
CEG	D	0.11%
WSM	B	0.11%
GRMN	B	0.1%
DRI	B	0.1%
TROW	B	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%
NVR	D	0.1%
EXC	C	0.1%
MCO	B	0.1%
FSLR	F	0.1%
MSTR	C	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%
IT	C	0.09%
PH	A	0.09%
HSY	F	0.09%
PWR	A	0.09%
UBER	D	0.09%
ADSK	A	0.09%
TXRH	C	0.09%
CF	B	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%
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%
AEE	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%
DFS	B	0.08%
CFG	B	0.08%
EWBC	A	0.08%
SQ	B	0.07%
SWKS	F	0.07%
CINF	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	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%
TOL	B	0.07%
INGR	B	0.07%
POOL	C	0.07%
CI	F	0.07%
RS	B	0.07%
MUSA	A	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%
LECO	B	0.06%
IFF	D	0.06%
ATI	D	0.06%
GL	B	0.06%
WMS	D	0.06%
CARR	D	0.06%
MANH	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%
DG	F	0.06%
ANF	C	0.06%
DASH	A	0.06%
KEYS	A	0.06%
DD	D	0.06%
LPX	B	0.06%
NTAP	C	0.06%
CBRE	B	0.06%
BALL	D	0.06%
VMI	B	0.05%
ORI	A	0.05%
ENSG	D	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%
DXCM	D	0.05%
KHC	F	0.05%
RHI	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%
TER	D	0.05%
SNOW	C	0.05%
CDW	F	0.05%
BWA	D	0.05%
ALV	C	0.05%
AXON	A	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
TXT	D	0.05%
CHRD	D	0.05%
VEEV	C	0.05%
AIZ	A	0.05%
UFPI	B	0.05%
ZION	B	0.05%
IR	B	0.05%
LNTH	D	0.05%
AIT	A	0.05%
GGG	B	0.05%
FYBR	D	0.05%
WST	C	0.05%
HWM	A	0.05%
AXS	A	0.05%
DOCU	A	0.05%
WSO	A	0.05%
FND	C	0.05%
CRBG	B	0.05%
BDX	F	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%
DELL	C	0.05%
EMR	A	0.05%
RL	B	0.05%
ATR	B	0.05%
AGCO	D	0.04%
ALNY	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%
SNX	C	0.04%
KEX	C	0.04%
NBIX	C	0.04%
ILMN	D	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
JCI	C	0.04%
XPO	B	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%
CPAY	A	0.04%
NET	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%
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%
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%
FDS	B	0.04%
AYI	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
OMF	A	0.04%
EXPE	B	0.04%
MPWR	F	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%
ROL	B	0.03%
AFRM	B	0.03%
HALO	F	0.03%
OLN	D	0.03%
PEGA	A	0.03%
NYT	C	0.03%
ZS	C	0.03%
AWK	D	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	C	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%
CBOE	B	0.03%
WDC	D	0.03%
MUR	D	0.03%
AM	A	0.03%
PVH	C	0.03%
GNTX	C	0.03%
EHC	B	0.03%
RGLD	C	0.03%
EXEL	B	0.03%
RIVN	F	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%
K	A	0.03%
ALK	C	0.03%
CW	B	0.03%
SSB	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%
MNST	C	0.03%
PNFP	B	0.03%
LEA	D	0.03%
CLF	F	0.03%
CVLT	B	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%
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%
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%
ARES	A	0.02%
FLR	B	0.02%
GLOB	B	0.02%
JHG	A	0.02%
OLLI	D	0.02%
Z	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%
SWX	B	0.02%
CCK	C	0.02%
FBIN	D	0.02%
EFX	F	0.02%
MTH	D	0.02%
SN	D	0.02%
DT	C	0.02%
CNP	B	0.02%
COOP	B	0.02%
CG	A	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%
JNPR	F	0.02%
QLYS	C	0.02%
TW	A	0.02%
IVZ	B	0.02%
SON	D	0.02%
RVTY	F	0.02%
THC	D	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%
ALLE	D	0.02%
TPX	B	0.02%
ERIE	D	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%
CACC	D	0.01%
PEN	B	0.01%
WTRG	B	0.01%
CAG	D	0.01%
CPB	D	0.01%
DKNG	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%
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%
DUOL	A	0.01%
ATKR	C	0.01%
BSY	D	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%
RBLX	C	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%
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%
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%
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 12 Positions Relative to PALC

Symbol	Grade	Weight
AMT	D	-0.88%
REG	B	-0.46%
VICI	C	-0.46%
O	D	-0.46%
WELL	A	-0.46%
AVB	B	-0.45%
FRT	B	-0.44%
SPG	B	-0.35%
CCI	D	-0.33%
SBAC	D	-0.31%
VTR	C	-0.14%
BXP	D	-0.08%