AVLC vs. QUS ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to SPDR MSCI USA Quality Mix ETF (QUS)

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

$65.97

Average Daily Volume

17,121

Number of Holdings ^*

972

* may have additional holdings in another (foreign) market

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$155.89

Average Daily Volume

14,334

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	QUS
30 Days	0.63%	-0.63%
60 Days	1.51%	-0.26%
90 Days	7.65%	5.24%
12 Months	32.73%	30.26%

550 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in QUS	Overlap
	A	D	0.06%	0.11%	0.06%
	AAPL	C	5.54%	3.33%	3.33%
	ABBV	A	0.48%	0.57%	0.48%
	ABNB	B	0.07%	0.02%	0.02%
	ABT	A	0.2%	0.16%	0.16%
	ACGL	F	0.15%	0.4%	0.15%
	ACM	A	0.02%	0.01%	0.01%
	ACN	C	0.32%	1.22%	0.32%
	ADBE	F	0.31%	0.69%	0.31%
	ADI	C	0.16%	0.15%	0.15%
	ADM	F	0.12%	0.09%	0.09%
	ADP	A	0.36%	0.52%	0.36%
	ADSK	B	0.09%	0.15%	0.09%
	AEE	B	0.08%	0.11%	0.08%
	AEP	D	0.15%	0.2%	0.15%
	AES	F	0.08%	0.02%	0.02%
	AFG	D	0.06%	0.15%	0.06%
	AFL	D	0.19%	0.22%	0.19%
	AIG	B	0.22%	0.12%	0.12%
	AIZ	D	0.05%	0.11%	0.05%
	AJG	D	0.05%	0.45%	0.05%
	AKAM	D	0.04%	0.17%	0.04%
	ALB	C	0.01%	0.02%	0.01%
	ALGN	F	0.04%	0.01%	0.01%
	ALL	C	0.19%	0.06%	0.06%
	ALLE	C	0.02%	0.04%	0.02%
	ALLY	F	0.06%	0.02%	0.02%
	ALNY	C	0.04%	0.09%	0.04%
	AMAT	F	0.38%	0.52%	0.38%
	AMCR	D	0.02%	0.02%	0.02%
	AMD	F	0.34%	0.07%	0.07%
	AME	A	0.05%	0.02%	0.02%
	AMGN	C	0.21%	0.3%	0.21%
	AMP	B	0.25%	0.04%	0.04%
	AMZN	A	2.78%	0.63%	0.63%
	ANET	B	0.16%	0.41%	0.16%
	ANSS	C	0.04%	0.01%	0.01%
	AON	A	0.1%	0.2%	0.1%
	AOS	F	0.04%	0.03%	0.03%
	APA	F	0.04%	0.05%	0.04%
	APD	B	0.23%	0.05%	0.05%
	APH	B	0.12%	0.71%	0.12%
	APO	B	0.15%	0.03%	0.03%
	APP	B	0.1%	0.01%	0.01%
	APTV	F	0.04%	0.03%	0.03%
	ARES	B	0.02%	0.01%	0.01%
	ATO	B	0.05%	0.04%	0.04%
	AVGO	B	1.14%	0.61%	0.61%
	AVTR	F	0.01%	0.01%	0.01%
	AVY	D	0.04%	0.01%	0.01%
	AWK	D	0.03%	0.02%	0.02%
	AXON	B	0.04%	0.0%	0.0%
	AXP	A	0.39%	0.1%	0.1%
	AZO	D	0.05%	0.37%	0.05%
	BA	F	0.07%	0.03%	0.03%
	BAC	B	0.41%	0.64%	0.41%
	BAH	A	0.04%	0.22%	0.04%
	BALL	F	0.06%	0.02%	0.02%
	BAX	F	0.02%	0.03%	0.02%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	D	0.12%	0.1%	0.1%
	BDX	C	0.06%	0.26%	0.06%
	BEN	B	0.01%	0.01%	0.01%
	BG	F	0.08%	0.05%	0.05%
	BIIB	F	0.03%	0.03%	0.03%
	BIO	A	0.01%	0.01%	0.01%
	BK	B	0.18%	0.09%	0.09%
	BKNG	A	0.13%	0.03%	0.03%
	BKR	A	0.17%	0.04%	0.04%
	BLDR	F	0.07%	0.08%	0.07%
	BMRN	F	0.03%	0.09%	0.03%
	BMY	A	0.18%	0.33%	0.18%
	BR	C	0.04%	0.03%	0.03%
	BRK.A	D	0.68%	1.08%	0.68%
	BRO	B	0.02%	0.01%	0.01%
	BSX	C	0.12%	0.04%	0.04%
	BSY	F	0.01%	0.0%	0.0%
	BURL	D	0.11%	0.01%	0.01%
	BX	B	0.1%	0.04%	0.04%
	C	A	0.22%	0.41%	0.22%
	CAG	D	0.01%	0.02%	0.01%
	CAH	B	0.03%	0.11%	0.03%
	CARR	D	0.06%	0.03%	0.03%
	CAT	B	0.54%	0.64%	0.54%
	CB	C	0.23%	0.66%	0.23%
	CBOE	B	0.03%	0.31%	0.03%
	CBRE	A	0.07%	0.05%	0.05%
	CCK	B	0.02%	0.02%	0.02%
	CCL	A	0.12%	0.01%	0.01%
	CDNS	C	0.11%	0.25%	0.11%
	CDW	F	0.05%	0.24%	0.05%
	CE	F	0.01%	0.02%	0.01%
	CEG	B	0.14%	0.04%	0.04%
	CELH	F	0.02%	0.0%	0.0%
	CF	B	0.09%	0.03%	0.03%
	CFG	A	0.08%	0.06%	0.06%
	CG	B	0.02%	0.01%	0.01%
	CHD	B	0.05%	0.13%	0.05%
	CHRD	F	0.05%	0.01%	0.01%
	CHRW	C	0.02%	0.02%	0.02%
	CHTR	B	0.05%	0.08%	0.05%
	CI	D	0.07%	0.24%	0.07%
	CINF	B	0.07%	0.03%	0.03%
	CL	F	0.19%	0.18%	0.18%
	CLX	B	0.06%	0.01%	0.01%
	CMCSA	A	0.39%	0.41%	0.39%
	CME	B	0.12%	0.23%	0.12%
	CMG	B	0.23%	0.22%	0.22%
	CMI	B	0.2%	0.16%	0.16%
	CMS	C	0.06%	0.09%	0.06%
	CNC	D	0.09%	0.09%	0.09%
	CNP	C	0.02%	0.02%	0.02%
	COF	A	0.21%	0.14%	0.14%
	COIN	C	0.05%	0.01%	0.01%
	COP	D	0.39%	0.16%	0.16%
	COR	A	0.09%	0.35%	0.09%
	COST	D	0.94%	1.29%	0.94%
	CPAY	B	0.04%	0.01%	0.01%
	CPB	D	0.01%	0.13%	0.01%
	CPRT	D	0.09%	0.13%	0.09%
	CRBG	B	0.06%	0.02%	0.02%
	CRL	F	0.01%	0.01%	0.01%
	CRM	A	0.39%	0.1%	0.1%
	CRWD	C	0.1%	0.06%	0.06%
	CSCO	B	0.3%	1.31%	0.3%
	CSGP	F	0.04%	0.01%	0.01%
	CSL	C	0.13%	0.01%	0.01%
	CSX	F	0.26%	0.05%	0.05%
	CTAS	B	0.11%	0.23%	0.11%
	CTLT	D	0.03%	0.01%	0.01%
	CTRA	F	0.1%	0.03%	0.03%
	CTSH	D	0.12%	0.38%	0.12%
	CTVA	A	0.09%	0.18%	0.09%
	CVS	F	0.05%	0.31%	0.05%
	CVX	A	0.63%	0.51%	0.51%
	D	B	0.05%	0.14%	0.05%
	DAL	A	0.22%	0.01%	0.01%
	DASH	A	0.06%	0.01%	0.01%
	DAY	A	0.0%	0.0%	0.0%
	DD	D	0.07%	0.04%	0.04%
	DDOG	B	0.05%	0.0%	0.0%
	DE	B	0.33%	0.11%	0.11%
	DECK	B	0.15%	0.08%	0.08%
	DELL	A	0.05%	0.05%	0.05%
	DFS	A	0.08%	0.06%	0.06%
	DG	F	0.07%	0.02%	0.02%
	DGX	B	0.01%	0.06%	0.01%
	DHI	D	0.13%	0.21%	0.13%
	DHR	D	0.14%	0.09%	0.09%
	DINO	F	0.04%	0.02%	0.02%
	DIS	C	0.18%	0.14%	0.14%
	DKNG	F	0.01%	0.0%	0.0%
	DKS	F	0.08%	0.01%	0.01%
	DLTR	F	0.07%	0.02%	0.02%
	DOCU	A	0.05%	0.0%	0.0%
	DOV	B	0.03%	0.02%	0.02%
	DOW	F	0.16%	0.07%	0.07%
	DPZ	B	0.01%	0.06%	0.01%
	DRI	C	0.09%	0.01%	0.01%
	DT	B	0.02%	0.0%	0.0%
	DTE	C	0.07%	0.1%	0.07%
	DUK	C	0.18%	0.64%	0.18%
	DVA	D	0.01%	0.01%	0.01%
	DVN	F	0.14%	0.04%	0.04%
	DXCM	C	0.05%	0.0%	0.0%
	EA	A	0.06%	0.28%	0.06%
	EBAY	D	0.14%	0.02%	0.02%
	ECL	C	0.07%	0.03%	0.03%
	ED	C	0.09%	0.46%	0.09%
	EFX	D	0.02%	0.02%	0.02%
	EG	F	0.08%	0.18%	0.08%
	EIX	D	0.1%	0.04%	0.04%
	EL	F	0.02%	0.01%	0.01%
	ELV	F	0.14%	0.31%	0.14%
	EME	A	0.14%	0.07%	0.07%
	EMN	C	0.05%	0.02%	0.02%
	EMR	B	0.05%	0.04%	0.04%
	ENPH	F	0.02%	0.03%	0.02%
	ENTG	D	0.02%	0.01%	0.01%
	EOG	D	0.29%	0.14%	0.14%
	EPAM	F	0.03%	0.03%	0.03%
	EQH	B	0.09%	0.02%	0.02%
	EQT	C	0.1%	0.02%	0.02%
	ERIE	D	0.03%	0.19%	0.03%
	ES	D	0.02%	0.03%	0.02%
	ETN	B	0.13%	0.05%	0.05%
	ETR	A	0.13%	0.04%	0.04%
	EVRG	C	0.05%	0.02%	0.02%
	EW	D	0.08%	0.13%	0.08%
	EXAS	A	0.01%	0.0%	0.0%
	EXC	C	0.11%	0.06%	0.06%
	EXPD	D	0.09%	0.06%	0.06%
	EXPE	B	0.04%	0.02%	0.02%
	F	D	0.19%	0.17%	0.17%
	FANG	F	0.18%	0.23%	0.18%
	FAST	A	0.2%	0.14%	0.14%
	FBIN	C	0.02%	0.01%	0.01%
	FCNCA	C	0.11%	0.29%	0.11%
	FCX	D	0.2%	0.05%	0.05%
	FDS	B	0.04%	0.05%	0.04%
	FDX	C	0.26%	0.11%	0.11%
	FE	D	0.02%	0.03%	0.02%
	FFIV	A	0.03%	0.21%	0.03%
	FI	A	0.07%	0.3%	0.07%
	FICO	B	0.07%	0.18%	0.07%
	FIS	B	0.07%	0.04%	0.04%
	FITB	B	0.13%	0.06%	0.06%
	FNF	C	0.08%	0.02%	0.02%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	A	0.04%	0.02%	0.02%
	FSLR	C	0.12%	0.03%	0.03%
	FTNT	B	0.19%	0.01%	0.01%
	FTV	F	0.01%	0.02%	0.01%
	GD	C	0.05%	0.07%	0.05%
	GDDY	A	0.07%	0.3%	0.07%
	GE	D	0.19%	0.11%	0.11%
	GEHC	D	0.03%	0.03%	0.03%
	GEV	A	0.13%	0.04%	0.04%
	GGG	D	0.05%	0.04%	0.04%
	GILD	A	0.36%	0.43%	0.36%
	GIS	D	0.03%	0.28%	0.03%
	GLW	A	0.1%	0.14%	0.1%
	GM	B	0.28%	0.3%	0.28%
	GOOG	A	1.32%	1.06%	1.06%
	GOOGL	A	1.58%	1.14%	1.14%
	GPC	F	0.06%	0.02%	0.02%
	GPN	D	0.01%	0.03%	0.01%
	GRMN	A	0.09%	0.16%	0.09%
	GS	B	0.4%	0.27%	0.27%
	GWW	A	0.22%	0.18%	0.18%
	H	D	0.01%	0.0%	0.0%
	HAL	F	0.13%	0.02%	0.02%
	HBAN	B	0.1%	0.05%	0.05%
	HCA	D	0.06%	0.07%	0.06%
	HD	B	0.58%	0.35%	0.35%
	HEI	D	0.0%	0.0%	0.0%
	HEI	D	0.0%	0.0%	0.0%
	HEI	D	0.01%	0.0%	0.0%
	HEI	D	0.01%	0.0%	0.0%
	HES	B	0.19%	0.02%	0.02%
	HIG	D	0.19%	0.09%	0.09%
	HII	F	0.04%	0.01%	0.01%
	HLT	A	0.05%	0.01%	0.01%
	HOLX	A	0.03%	0.07%	0.03%
	HON	B	0.14%	0.48%	0.14%
	HOOD	B	0.04%	0.0%	0.0%
	HPE	A	0.08%	0.06%	0.06%
	HPQ	B	0.05%	0.07%	0.05%
	HRL	F	0.02%	0.08%	0.02%
	HSIC	D	0.01%	0.01%	0.01%
	HSY	F	0.09%	0.19%	0.09%
	HUBB	B	0.04%	0.07%	0.04%
	HUBS	B	0.04%	0.07%	0.04%
	HUM	F	0.05%	0.18%	0.05%
	HWM	B	0.05%	0.01%	0.01%
	IBM	C	0.28%	0.72%	0.28%
	ICE	C	0.07%	0.15%	0.07%
	IDXX	F	0.11%	0.13%	0.11%
	IEX	A	0.03%	0.04%	0.03%
	IFF	D	0.07%	0.02%	0.02%
	ILMN	A	0.04%	0.01%	0.01%
	INCY	A	0.03%	0.18%	0.03%
	INTC	C	0.15%	0.16%	0.15%
	INTU	D	0.24%	0.03%	0.03%
	IOT	C	0.01%	0.0%	0.0%
	IP	A	0.13%	0.03%	0.03%
	IPG	F	0.01%	0.02%	0.01%
	IQV	F	0.04%	0.02%	0.02%
	IR	C	0.05%	0.02%	0.02%
	ISRG	B	0.18%	0.03%	0.03%
	IT	C	0.09%	0.13%	0.09%
	ITW	A	0.12%	0.26%	0.12%
	J	D	0.01%	0.02%	0.01%
	JBHT	A	0.08%	0.05%	0.05%
	JBL	A	0.1%	0.03%	0.03%
	JCI	B	0.03%	0.05%	0.03%
	JKHY	A	0.05%	0.04%	0.04%
	JNJ	D	0.64%	1.75%	0.64%
	JNPR	A	0.02%	0.18%	0.02%
	JPM	A	1.15%	0.98%	0.98%
	K	A	0.03%	0.29%	0.03%
	KDP	F	0.05%	0.26%	0.05%
	KEY	B	0.05%	0.04%	0.04%
	KEYS	C	0.06%	0.27%	0.06%
	KHC	D	0.05%	0.2%	0.05%
	KKR	B	0.14%	0.04%	0.04%
	KLAC	F	0.22%	0.32%	0.22%
	KMB	D	0.15%	0.1%	0.1%
	KMI	B	0.1%	0.06%	0.06%
	KMX	F	0.05%	0.03%	0.03%
	KNX	A	0.03%	0.04%	0.03%
	KO	D	0.43%	0.89%	0.43%
	KR	A	0.2%	0.31%	0.2%
	KVUE	B	0.06%	0.04%	0.04%
	L	C	0.07%	0.12%	0.07%
	LDOS	A	0.03%	0.02%	0.02%
	LEN	D	0.18%	0.07%	0.07%
	LEN	D	0.01%	0.07%	0.01%
	LH	A	0.04%	0.03%	0.03%
	LHX	A	0.03%	0.04%	0.03%
	LII	B	0.1%	0.01%	0.01%
	LIN	C	0.22%	0.16%	0.16%
	LKQ	F	0.01%	0.02%	0.01%
	LLY	F	0.85%	2.31%	0.85%
	LMT	D	0.23%	0.77%	0.23%
	LNG	A	0.22%	0.05%	0.05%
	LNT	C	0.04%	0.05%	0.04%
	LOW	B	0.12%	0.13%	0.12%
	LPLA	A	0.09%	0.06%	0.06%
	LRCX	F	0.36%	0.33%	0.33%
	LULU	C	0.15%	0.11%	0.11%
	LUV	A	0.08%	0.01%	0.01%
	LVS	B	0.09%	0.01%	0.01%
	LW	B	0.02%	0.03%	0.02%
	LYB	F	0.12%	0.05%	0.05%
	LYV	A	0.02%	0.01%	0.01%
	MA	B	0.66%	1.66%	0.66%
	MANH	D	0.06%	0.07%	0.06%
	MAR	A	0.05%	0.02%	0.02%
	MAS	D	0.02%	0.01%	0.01%
	MCD	C	0.16%	0.52%	0.16%
	MCHP	F	0.06%	0.12%	0.06%
	MCK	C	0.06%	0.51%	0.06%
	MCO	D	0.1%	0.21%	0.1%
	MDB	F	0.03%	0.0%	0.0%
	MDLZ	D	0.1%	0.24%	0.1%
	MDT	B	0.12%	0.15%	0.12%
	MELI	A	0.44%	0.08%	0.08%
	MET	C	0.2%	0.09%	0.09%
	META	B	2.32%	2.38%	2.32%
	MGM	D	0.01%	0.01%	0.01%
	MKC	C	0.01%	0.01%	0.01%
	MKL	D	0.12%	0.14%	0.12%
	MKTX	B	0.05%	0.03%	0.03%
	MLM	A	0.14%	0.02%	0.02%
	MMC	D	0.09%	0.69%	0.09%
	MMM	D	0.19%	0.27%	0.19%
	MNST	C	0.03%	0.12%	0.03%
	MO	A	0.09%	0.06%	0.06%
	MOH	D	0.07%	0.14%	0.07%
	MOS	B	0.05%	0.03%	0.03%
	MPC	F	0.22%	0.31%	0.22%
	MPWR	F	0.06%	0.12%	0.06%
	MRK	F	0.35%	0.51%	0.35%
	MRNA	F	0.04%	0.02%	0.02%
	MRO	C	0.11%	0.03%	0.03%
	MRVL	A	0.1%	0.02%	0.02%
	MS	B	0.32%	0.18%	0.18%
	MSCI	C	0.05%	0.01%	0.01%
	MSFT	D	4.42%	2.77%	2.77%
	MSI	B	0.22%	0.6%	0.22%
	MSTR	B	0.07%	0.0%	0.0%
	MTB	B	0.11%	0.07%	0.07%
	MTCH	C	0.01%	0.01%	0.01%
	MTD	D	0.03%	0.01%	0.01%
	MU	C	0.18%	0.07%	0.07%
	NBIX	C	0.04%	0.11%	0.04%
	NDAQ	B	0.02%	0.02%	0.02%
	NDSN	D	0.01%	0.01%	0.01%
	NEE	D	0.08%	0.1%	0.08%
	NEM	D	0.02%	0.22%	0.02%
	NET	B	0.04%	0.0%	0.0%
	NFLX	A	0.46%	0.12%	0.12%
	NI	B	0.03%	0.02%	0.02%
	NKE	F	0.18%	0.29%	0.18%
	NOC	D	0.05%	0.58%	0.05%
	NOW	A	0.28%	0.26%	0.26%
	NRG	B	0.06%	0.03%	0.03%
	NSC	B	0.21%	0.05%	0.05%
	NTAP	D	0.06%	0.16%	0.06%
	NTRS	B	0.11%	0.03%	0.03%
	NUE	F	0.15%	0.07%	0.07%
	NVDA	B	4.61%	2.74%	2.74%
	NVR	D	0.11%	0.11%	0.11%
	NWSA	A	0.03%	0.01%	0.01%
	NXPI	C	0.09%	0.03%	0.03%
	OC	B	0.1%	0.02%	0.02%
	ODFL	A	0.13%	0.12%	0.12%
	OKE	B	0.19%	0.05%	0.05%
	OKTA	D	0.02%	0.0%	0.0%
	OMC	B	0.02%	0.07%	0.02%
	ON	D	0.13%	0.02%	0.02%
	ORCL	B	0.4%	0.51%	0.4%
	ORLY	C	0.07%	0.26%	0.07%
	OTIS	B	0.04%	0.04%	0.04%
	OVV	F	0.07%	0.03%	0.03%
	OXY	F	0.15%	0.1%	0.1%
	PANW	B	0.18%	0.3%	0.18%
	PARA	C	0.01%	0.03%	0.01%
	PAYC	A	0.07%	0.03%	0.03%
	PAYX	B	0.17%	0.16%	0.16%
	PCAR	C	0.23%	0.05%	0.05%
	PCG	B	0.13%	0.06%	0.06%
	PEG	B	0.11%	0.04%	0.04%
	PEP	D	0.28%	1.1%	0.28%
	PFE	D	0.17%	0.38%	0.17%
	PFG	C	0.09%	0.04%	0.04%
	PG	D	0.41%	0.6%	0.41%
	PGR	D	0.45%	0.63%	0.45%
	PH	A	0.09%	0.04%	0.04%
	PHM	D	0.13%	0.11%	0.11%
	PINS	C	0.02%	0.0%	0.0%
	PKG	A	0.12%	0.08%	0.08%
	PLTR	B	0.13%	0.01%	0.01%
	PM	A	0.2%	0.12%	0.12%
	PNC	B	0.21%	0.15%	0.15%
	PNR	B	0.02%	0.01%	0.01%
	PODD	A	0.03%	0.0%	0.0%
	POOL	B	0.08%	0.05%	0.05%
	PPG	F	0.05%	0.03%	0.03%
	PPL	C	0.07%	0.03%	0.03%
	PRU	B	0.19%	0.08%	0.08%
	PSTG	D	0.04%	0.0%	0.0%
	PSX	F	0.19%	0.14%	0.14%
	PTC	B	0.03%	0.18%	0.03%
	PWR	B	0.09%	0.02%	0.02%
	PYPL	B	0.31%	0.07%	0.07%
	QCOM	D	0.51%	0.57%	0.51%
	QRVO	F	0.02%	0.01%	0.01%
	RBLX	A	0.01%	0.0%	0.0%
	RCL	B	0.26%	0.01%	0.01%
	REGN	F	0.15%	0.31%	0.15%
	RF	B	0.08%	0.05%	0.05%
	RIVN	F	0.03%	0.01%	0.01%
	RJF	A	0.11%	0.03%	0.03%
	RMD	A	0.08%	0.1%	0.08%
	ROK	B	0.04%	0.1%	0.04%
	ROKU	D	0.02%	0.0%	0.0%
	ROL	D	0.03%	0.16%	0.03%
	ROP	D	0.09%	0.46%	0.09%
	ROST	F	0.22%	0.03%	0.03%
	RPM	B	0.1%	0.01%	0.01%
	RPRX	D	0.03%	0.01%	0.01%
	RS	C	0.07%	0.02%	0.02%
	RSG	D	0.03%	0.52%	0.03%
	RTX	C	0.17%	0.19%	0.17%
	RVTY	C	0.02%	0.02%	0.02%
	SBUX	A	0.09%	0.06%	0.06%
	SCHW	B	0.2%	0.06%	0.06%
	SEIC	A	0.03%	0.03%	0.03%
	SHW	D	0.13%	0.25%	0.13%
	SJM	F	0.01%	0.02%	0.01%
	SLB	F	0.09%	0.05%	0.05%
	SMCI	F	0.02%	0.06%	0.02%
	SNA	A	0.08%	0.06%	0.06%
	SNAP	B	0.01%	0.0%	0.0%
	SNOW	C	0.05%	0.0%	0.0%
	SNPS	B	0.11%	0.26%	0.11%
	SO	C	0.14%	0.57%	0.14%
	SOLV	B	0.01%	0.06%	0.01%
	SPGI	D	0.09%	0.06%	0.06%
	SQ	B	0.06%	0.02%	0.02%
	SRE	C	0.07%	0.06%	0.06%
	SSNC	D	0.01%	0.02%	0.01%
	STE	D	0.04%	0.01%	0.01%
	STLD	A	0.12%	0.04%	0.04%
	STT	A	0.1%	0.06%	0.06%
	STX	D	0.03%	0.07%	0.03%
	STZ	F	0.05%	0.02%	0.02%
	SW	A	0.11%	0.02%	0.02%
	SWK	D	0.02%	0.03%	0.02%
	SWKS	F	0.07%	0.05%	0.05%
	SYF	B	0.14%	0.05%	0.05%
	SYK	A	0.11%	0.05%	0.05%
	SYY	D	0.07%	0.05%	0.05%
	T	A	0.45%	0.68%	0.45%
	TAP	D	0.04%	0.02%	0.02%
	TDG	C	0.07%	0.01%	0.01%
	TDY	B	0.03%	0.21%	0.03%
	TEAM	A	0.04%	0.0%	0.0%
	TECH	B	0.02%	0.0%	0.0%
	TER	F	0.05%	0.05%	0.05%
	TFC	C	0.18%	0.15%	0.15%
	TFX	F	0.03%	0.01%	0.01%
	TGT	D	0.3%	0.1%	0.1%
	TJX	D	0.43%	0.53%	0.43%
	TMO	D	0.16%	0.11%	0.11%
	TMUS	B	0.31%	0.77%	0.31%
	TOST	A	0.02%	0.0%	0.0%
	TPL	A	0.12%	0.07%	0.07%
	TRGP	A	0.24%	0.02%	0.02%
	TRMB	A	0.02%	0.01%	0.01%
	TROW	A	0.09%	0.09%	0.09%
	TRU	C	0.02%	0.01%	0.01%
	TRV	B	0.26%	0.46%	0.26%
	TSCO	D	0.17%	0.09%	0.09%
	TSLA	A	0.62%	0.22%	0.22%
	TSN	D	0.05%	0.27%	0.05%
	TT	C	0.13%	0.25%	0.13%
	TTC	F	0.03%	0.03%	0.03%
	TTD	B	0.05%	0.01%	0.01%
	TTWO	A	0.03%	0.01%	0.01%
	TW	B	0.02%	0.07%	0.02%
	TWLO	A	0.03%	0.01%	0.01%
	TXN	A	0.27%	1.09%	0.27%
	TXT	F	0.05%	0.02%	0.02%
	TYL	A	0.04%	0.01%	0.01%
	UBER	C	0.1%	0.2%	0.1%
	UHAL	C	0.03%	0.01%	0.01%
	UHAL	C	0.0%	0.01%	0.0%
	UHS	D	0.06%	0.02%	0.02%
	ULTA	C	0.11%	0.08%	0.08%
	UNH	C	0.35%	2.1%	0.35%
	UNP	D	0.48%	0.08%	0.08%
	UPS	C	0.2%	0.12%	0.12%
	URI	B	0.2%	0.04%	0.04%
	USB	B	0.23%	0.16%	0.16%
	UTHR	A	0.1%	0.1%	0.1%
	V	A	0.58%	1.75%	0.58%
	VEEV	B	0.05%	0.08%	0.05%
	VLO	F	0.16%	0.14%	0.14%
	VLTO	D	0.06%	0.08%	0.06%
	VMC	A	0.05%	0.02%	0.02%
	VRSK	B	0.12%	0.14%	0.12%
	VRSN	F	0.02%	0.23%	0.02%
	VRT	B	0.12%	0.01%	0.01%
	VRTX	D	0.25%	0.58%	0.25%
	VST	B	0.12%	0.02%	0.02%
	VTRS	B	0.08%	0.05%	0.05%
	VZ	D	0.48%	0.82%	0.48%
	WAB	B	0.04%	0.02%	0.02%
	WAT	A	0.05%	0.06%	0.05%
	WBA	C	0.0%	0.07%	0.0%
	WBD	C	0.03%	0.09%	0.03%
	WCN	D	0.04%	0.52%	0.04%
	WDAY	F	0.07%	0.14%	0.07%
	WDC	C	0.03%	0.02%	0.02%
	WEC	B	0.04%	0.29%	0.04%
	WFC	B	0.52%	0.44%	0.44%
	WLK	F	0.03%	0.01%	0.01%
	WM	A	0.13%	0.5%	0.13%
	WMB	A	0.28%	0.14%	0.14%
	WMT	A	0.65%	0.93%	0.65%
	WRB	C	0.07%	0.12%	0.07%
	WSM	F	0.13%	0.06%	0.06%
	WSO	D	0.05%	0.05%	0.05%
	WST	B	0.05%	0.07%	0.05%
	WTRG	C	0.01%	0.01%	0.01%
	WTW	A	0.02%	0.15%	0.02%
	WYNN	B	0.01%	0.0%	0.0%
	XEL	A	0.11%	0.19%	0.11%
	XOM	C	1.05%	0.82%	0.82%
	XYL	F	0.04%	0.01%	0.01%
	YUM	D	0.04%	0.19%	0.04%
	Z	D	0.02%	0.01%	0.01%
	ZBH	C	0.05%	0.02%	0.02%
	ZBRA	A	0.03%	0.01%	0.01%
	ZM	A	0.04%	0.01%	0.01%
	ZS	C	0.03%	0.0%	0.0%
	ZTS	D	0.21%	0.26%	0.21%

AVLC Overweight 424 Positions Relative to QUS

	Symbol	Grade	Weight
	UAL	A	0.18%
	CPNG	B	0.13%
	SFM	A	0.11%
	CASY	A	0.09%
	CVNA	A	0.09%
	FIX	B	0.09%
	TXRH	A	0.09%
	FLEX	A	0.09%
	RNR	C	0.08%
	TPR	A	0.08%
	BJ	A	0.08%
	NCLH	A	0.08%
	FTI	B	0.08%
	EWBC	A	0.08%
	SAIA	A	0.07%
	INGR	C	0.07%
	WCC	A	0.07%
	MLI	A	0.07%
	JXN	B	0.07%
	WMS	F	0.07%
	MUSA	C	0.07%
	TOL	C	0.07%
	PRI	B	0.07%
	EXP	B	0.07%
	JEF	B	0.07%
	LNTH	C	0.07%
	RGA	C	0.07%
	ATR	A	0.06%
	GNRC	A	0.06%
	CMA	A	0.06%
	ATI	F	0.06%
	LECO	B	0.06%
	FND	D	0.06%
	FYBR	A	0.06%
	LPX	D	0.06%
	GL	C	0.06%
	BWXT	B	0.06%
	SPOT	A	0.06%
	ANF	F	0.06%
	DCI	B	0.06%
	PFGC	B	0.06%
	GPK	D	0.06%
	WFRD	F	0.05%
	MTDR	D	0.05%
	AIT	A	0.05%
	ZION	B	0.05%
	PNW	D	0.05%
	ALV	F	0.05%
	CBT	B	0.05%
	R	A	0.05%
	SKX	D	0.05%
	ENSG	A	0.05%
	UFPI	C	0.05%
	JLL	B	0.05%
	BWA	D	0.05%
	AXS	C	0.05%
	KNSL	F	0.05%
	ARW	D	0.05%
	CROX	F	0.05%
	UNM	A	0.05%
	PR	F	0.05%
	WAL	C	0.05%
	RL	B	0.05%
	COKE	D	0.05%
	VFC	A	0.04%
	CMC	A	0.04%
	MAT	A	0.04%
	SOFI	A	0.04%
	HRB	D	0.04%
	SSD	F	0.04%
	CRS	B	0.04%
	SNX	C	0.04%
	JAZZ	D	0.04%
	FN	B	0.04%
	FHN	B	0.04%
	RRC	D	0.04%
	ITT	C	0.04%
	OGE	C	0.04%
	CLH	C	0.04%
	CLF	C	0.04%
	CBSH	A	0.04%
	AXTA	A	0.04%
	TREX	B	0.04%
	AGCO	C	0.04%
	SF	A	0.04%
	LSTR	D	0.04%
	AYI	A	0.04%
	MTG	D	0.04%
	GAP	D	0.04%
	OMF	A	0.04%
	CHX	F	0.04%
	CFR	B	0.04%
	NSIT	F	0.04%
	KBH	D	0.04%
	WBS	B	0.04%
	VMI	A	0.04%
	AAON	A	0.04%
	CRUS	F	0.04%
	WTFC	B	0.04%
	RHI	C	0.04%
	FMC	B	0.04%
	ORI	D	0.04%
	MHK	D	0.04%
	GWRE	B	0.03%
	PCVX	C	0.03%
	RLI	B	0.03%
	BCC	D	0.03%
	HALO	B	0.03%
	SCI	A	0.03%
	DY	C	0.03%
	DOX	B	0.03%
	PEGA	A	0.03%
	MTZ	A	0.03%
	BLD	F	0.03%
	ENLC	A	0.03%
	IBP	F	0.03%
	EXPO	D	0.03%
	FAF	D	0.03%
	WWD	D	0.03%
	OLN	F	0.03%
	HLNE	A	0.03%
	MDU	F	0.03%
	AR	F	0.03%
	NU	C	0.03%
	AM	C	0.03%
	VOYA	B	0.03%
	X	C	0.03%
	CW	B	0.03%
	PNFP	A	0.03%
	PVH	C	0.03%
	NYT	A	0.03%
	EXEL	A	0.03%
	CIEN	B	0.03%
	TKR	C	0.03%
	MUR	F	0.03%
	SATS	B	0.03%
	EHC	A	0.03%
	ALK	A	0.03%
	BPOP	F	0.03%
	SSB	B	0.03%
	GNTX	B	0.03%
	ONB	A	0.03%
	SNV	B	0.03%
	CVLT	B	0.03%
	EVR	A	0.03%
	AA	B	0.03%
	AWI	A	0.03%
	RGLD	B	0.03%
	CIVI	F	0.03%
	XPO	A	0.03%
	KD	D	0.03%
	KEX	D	0.03%
	DTM	A	0.03%
	ESNT	F	0.03%
	LEA	F	0.03%
	RBC	D	0.02%
	AUR	B	0.02%
	CGNX	B	0.02%
	MSA	F	0.02%
	PPC	A	0.02%
	ROIV	D	0.02%
	INSM	D	0.02%
	BC	C	0.02%
	CHH	A	0.02%
	FIVE	C	0.02%
	LNW	D	0.02%
	HOMB	B	0.02%
	DOCS	A	0.02%
	ALSN	A	0.02%
	FSS	F	0.02%
	ARMK	B	0.02%
	OZK	B	0.02%
	FCN	F	0.02%
	NTRA	B	0.02%
	BMI	D	0.02%
	MOG.A	C	0.02%
	SIGI	C	0.02%
	GLOB	B	0.02%
	NVT	D	0.02%
	FLS	A	0.02%
	DAR	B	0.02%
	QLYS	F	0.02%
	VKTX	A	0.02%
	HLI	A	0.02%
	NOV	F	0.02%
	JHG	A	0.02%
	CSWI	B	0.02%
	AZN	F	0.02%
	CHE	F	0.02%
	SN	C	0.02%
	BRKR	D	0.02%
	MMSI	B	0.02%
	COOP	D	0.02%
	OLLI	C	0.02%
	CNM	D	0.02%
	OLED	F	0.02%
	HAS	D	0.02%
	SWX	C	0.02%
	LFUS	D	0.02%
	FLR	B	0.02%
	LBRDK	A	0.02%
	OSK	C	0.02%
	CADE	B	0.02%
	MGY	C	0.02%
	MASI	A	0.02%
	TPX	F	0.02%
	MTH	D	0.02%
	THC	C	0.02%
	NTNX	B	0.02%
	RVMD	A	0.02%
	G	C	0.02%
	IBKR	A	0.02%
	PB	B	0.02%
	MEDP	F	0.02%
	ONTO	F	0.02%
	HESM	D	0.02%
	IVZ	A	0.02%
	M	D	0.02%
	TMHC	A	0.02%
	AFRM	A	0.02%
	AMKR	F	0.02%
	LAD	A	0.02%
	GME	B	0.02%
	COHR	B	0.02%
	CHDN	B	0.02%
	GMED	A	0.02%
	SON	F	0.02%
	MOD	C	0.02%
	ZG	D	0.01%
	PAG	F	0.01%
	SMMT	C	0.01%
	CHWY	D	0.01%
	SEE	A	0.01%
	NEU	D	0.01%
	CFLT	A	0.01%
	TNET	F	0.01%
	ADTN	B	0.01%
	CYTK	F	0.01%
	VERX	B	0.01%
	IONS	F	0.01%
	RRX	A	0.01%
	BILL	A	0.01%
	RGEN	D	0.01%
	PI	C	0.01%
	AAL	A	0.01%
	BROS	B	0.01%
	LCID	F	0.01%
	ZETA	C	0.01%
	U	C	0.01%
	VAL	F	0.01%
	SUM	A	0.01%
	CWEN	C	0.01%
	NOVT	C	0.01%
	CACC	F	0.01%
	NPAB	D	0.01%
	HQY	B	0.01%
	PEN	A	0.01%
	ALTR	B	0.01%
	UI	A	0.01%
	PCOR	B	0.01%
	PATH	C	0.01%
	BRBR	A	0.01%
	TDW	F	0.01%
	NWS	A	0.01%
	AVAV	B	0.01%
	GTLB	A	0.01%
	MKSI	F	0.01%
	FOUR	B	0.01%
	CWAN	B	0.01%
	GXO	B	0.01%
	ESAB	A	0.01%
	HXL	F	0.01%
	DDS	C	0.01%
	MORN	B	0.01%
	ESTC	D	0.01%
	MTN	F	0.01%
	MARA	D	0.01%
	PSN	A	0.01%
	CWST	D	0.01%
	KRYS	C	0.01%
	DUOL	A	0.01%
	LUMN	A	0.01%
	NXST	A	0.01%
	DLB	B	0.01%
	DBX	A	0.01%
	AGR	C	0.01%
	VRNS	D	0.01%
	ATKR	F	0.01%
	ACHC	F	0.01%
	LSCC	C	0.01%
	BECN	B	0.01%
	RRR	F	0.01%
	APPF	D	0.01%
	USFD	B	0.01%
	VNT	B	0.01%
	BOKF	B	0.01%
	MTSI	B	0.01%
	RYAN	C	0.01%
	IDA	A	0.01%
	CACI	A	0.01%
	PLNT	D	0.01%
	MDGL	A	0.01%
	BYD	A	0.01%
	KBR	B	0.01%
	SPSC	F	0.01%
	AZEK	C	0.01%
	WEX	F	0.01%
	WING	F	0.01%
	MIDD	F	0.01%
	WTS	D	0.01%
	BCPC	C	0.01%
	AN	F	0.01%
	NFG	C	0.01%
	LEVI	F	0.01%
	ZWS	A	0.01%
	BERY	A	0.01%
	WSC	F	0.01%
	XP	F	0.01%
	VVV	D	0.01%
	GKOS	B	0.01%
	SRPT	D	0.01%
	AL	B	0.01%
	ELAN	D	0.01%
	LNC	A	0.01%
	CR	B	0.01%
	PFSI	D	0.01%
	SITE	F	0.01%
	OGN	D	0.01%
	WH	A	0.01%
	SMAR	A	0.01%
	PCTY	A	0.01%
	PBF	F	0.01%
	TTEK	B	0.01%
	THO	D	0.01%
	LANC	B	0.01%
	SM	F	0.01%
	FRPT	D	0.01%
	S	B	0.01%
	EXLS	A	0.01%
	ITCI	A	0.01%
	NVST	A	0.0%
	TPG	B	0.0%
	CRSP	C	0.0%
	HIMS	B	0.0%
	EMBC	C	0.0%
	RARE	D	0.0%
	KLG	F	0.0%
	WOLF	D	0.0%
	FG	F	0.0%
	AGL	F	0.0%
	FFIN	D	0.0%
	COTY	F	0.0%
	RNA	C	0.0%
	CNXC	F	0.0%
	DXC	D	0.0%
	SEDG	F	0.0%
	IMVT	F	0.0%
	SPB	C	0.0%
	SIRI	C	0.0%
	SAM	C	0.0%
	BRZE	F	0.0%
	TXG	F	0.0%
	UGI	D	0.0%
	CRVL	D	0.0%
	BBIO	D	0.0%
	AGO	B	0.0%
	APLS	F	0.0%
	FNB	A	0.0%
	IPGP	B	0.0%
	ALKS	F	0.0%
	FIZZ	B	0.0%
	INFA	C	0.0%
	PLUG	C	0.0%
	CAR	C	0.0%
	ZI	C	0.0%
	RDN	F	0.0%
	HCP	A	0.0%
	CWEN	C	0.0%
	COLB	A	0.0%
	TDC	B	0.0%
	EEFT	F	0.0%
	WK	C	0.0%
	SNDR	A	0.0%
	ALIT	F	0.0%
	TENB	D	0.0%
	CRDO	A	0.0%
	LBRDA	A	0.0%
	RDDT	A	0.0%
	FRHC	B	0.0%
	FLO	F	0.0%
	NFE	F	0.0%
	ST	F	0.0%
	OPCH	F	0.0%
	ESI	A	0.0%
	BIRK	F	0.0%
	OWL	B	0.0%
	AMG	A	0.0%
	W	F	0.0%
	CZR	D	0.0%
	INSP	D	0.0%
	MMS	D	0.0%
	ETSY	D	0.0%
	ACT	D	0.0%
	POST	D	0.0%
	REYN	F	0.0%
	TMDX	F	0.0%
	NUVL	D	0.0%
	CNA	D	0.0%
	FLUT	A	0.0%
	SAIC	A	0.0%
	LYFT	C	0.0%
	BFAM	C	0.0%
	RBRK	A	0.0%
	ALGM	F	0.0%
	SLGN	A	0.0%
	XRAY	F	0.0%
	RH	B	0.0%
	GFS	F	0.0%
	BPMC	C	0.0%
	GTLS	B	0.0%
	ELF	F	0.0%
	TKO	D	0.0%
	RMBS	C	0.0%
	APG	B	0.0%

AVLC Underweight 36 Positions Relative to QUS

	Symbol	Grade	Weight
	PSA	D	-0.14%
	GEN	A	-0.12%
	PLD	F	-0.08%
	O	D	-0.05%
	VICI	D	-0.04%
	AMT	D	-0.04%
	CNH	A	-0.03%
	CCI	D	-0.03%
	ACI	C	-0.03%
	SPG	C	-0.03%
	WY	D	-0.03%
	DLR	A	-0.03%
	WELL	A	-0.03%
	BXP	C	-0.02%
	KIM	B	-0.02%
	VTR	B	-0.02%
	ARE	F	-0.02%
	EQR	D	-0.02%
	AVB	C	-0.02%
	EQIX	B	-0.02%
	EXR	D	-0.02%
	UDR	D	-0.01%
	SBAC	D	-0.01%
	AMH	F	-0.01%
	CPT	D	-0.01%
	GLPI	D	-0.01%
	HST	D	-0.01%
	REG	D	-0.01%
	ESS	D	-0.01%
	IRM	B	-0.01%
	WPC	F	-0.01%
	SUI	D	-0.01%
	MAA	D	-0.01%
	INVH	F	-0.01%
	DOC	C	-0.01%
	ELS	D	-0.0%

AVLC: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Diversified Industrials Banks - Regional - US Business Services Software - Infrastructure Asset Management Oil & Gas E&P Semiconductors Utilities - Regulated Electric Specialty Retail Diagnostics & Research Capital Markets Packaged Foods Information Technology Services Specialty Chemicals Aerospace & Defense Building Materials Insurance - Property & Casualty Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor IBD 50 Dow Jones Component Insurance Products Biotechnology Building Materials

QUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50