CVLC vs. APUE ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE)

CVLC

Calvert US Large-Cap Core Responsible Index ETF

CVLC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$75.02

Average Daily Volume

17,582

Number of Holdings ^*

768

* may have additional holdings in another (foreign) market

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$36.75

Average Daily Volume

85,016

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	APUE
30 Days	4.12%	3.74%
60 Days	5.53%	4.87%
90 Days	7.26%	6.08%
12 Months	33.80%	33.10%

221 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in APUE	Overlap
	A	D	0.08%	0.09%	0.08%
	AAPL	C	6.44%	5.79%	5.79%
	ABBV	D	0.66%	0.6%	0.6%
	ABNB	C	0.12%	0.11%	0.11%
	ABT	B	0.45%	0.25%	0.25%
	ACGL	D	0.09%	0.06%	0.06%
	ACN	C	0.47%	0.58%	0.47%
	ADBE	C	0.47%	0.47%	0.47%
	ADI	D	0.22%	0.29%	0.22%
	ADP	B	0.26%	0.17%	0.17%
	AEE	A	0.06%	0.1%	0.06%
	AFL	B	0.14%	0.41%	0.14%
	AIG	B	0.12%	0.14%	0.12%
	ALL	A	0.13%	0.08%	0.08%
	AMAT	F	0.29%	0.39%	0.29%
	AMD	F	0.46%	0.45%	0.45%
	AMGN	D	0.34%	0.18%	0.18%
	AMT	D	0.22%	0.22%	0.22%
	AMZN	C	3.65%	3.5%	3.5%
	ANET	C	0.2%	0.24%	0.2%
	AON	A	0.2%	0.08%	0.08%
	APD	A	0.2%	0.09%	0.09%
	APH	A	0.24%	0.43%	0.24%
	APO	B	0.17%	0.06%	0.06%
	ARE	D	0.04%	0.07%	0.04%
	AVB	B	0.08%	0.08%	0.08%
	AVGO	D	1.53%	1.41%	1.41%
	AWI	A	0.01%	0.38%	0.01%
	AXP	A	0.4%	0.39%	0.39%
	AXTA	A	0.02%	0.27%	0.02%
	BAC	A	0.75%	0.49%	0.49%
	BALL	D	0.05%	0.13%	0.05%
	BEN	C	0.02%	0.07%	0.02%
	BK	A	0.14%	0.37%	0.14%
	BLK	C	0.38%	0.3%	0.3%
	BMY	B	0.26%	0.18%	0.18%
	BR	A	0.06%	0.29%	0.06%
	BRKR	D	0.01%	0.13%	0.01%
	BSX	B	0.29%	0.28%	0.28%
	BX	A	0.32%	0.25%	0.25%
	C	A	0.33%	0.38%	0.33%
	CACC	D	0.01%	0.23%	0.01%
	CARR	D	0.18%	0.15%	0.15%
	CAT	B	0.5%	0.29%	0.29%
	CBOE	B	0.05%	0.17%	0.05%
	CBRE	B	0.1%	0.07%	0.07%
	CCI	D	0.11%	0.08%	0.08%
	CEG	D	0.17%	0.11%	0.11%
	CI	F	0.2%	0.05%	0.05%
	CL	D	0.15%	0.1%	0.1%
	CMCSA	B	0.35%	0.27%	0.27%
	CMG	B	0.23%	0.12%	0.12%
	CMI	A	0.14%	0.11%	0.11%
	CNC	D	0.07%	0.03%	0.03%
	COF	B	0.17%	0.3%	0.17%
	COIN	C	0.15%	0.15%	0.15%
	COST	B	0.8%	0.81%	0.8%
	CPRT	A	0.11%	0.11%	0.11%
	CRM	B	0.64%	0.62%	0.62%
	CRWD	B	0.16%	0.13%	0.13%
	CSCO	B	0.49%	0.38%	0.38%
	CSGP	D	0.06%	0.06%	0.06%
	CTAS	B	0.15%	0.31%	0.15%
	CTSH	B	0.08%	0.07%	0.07%
	CVNA	B	0.05%	0.05%	0.05%
	CVS	D	0.15%	0.05%	0.05%
	CWST	A	0.01%	0.22%	0.01%
	DAL	C	0.1%	0.05%	0.05%
	DE	A	0.28%	0.15%	0.15%
	DECK	A	0.05%	0.31%	0.05%
	DELL	C	0.08%	0.05%	0.05%
	DGX	A	0.04%	0.13%	0.04%
	DHI	D	0.11%	0.22%	0.11%
	DHR	F	0.34%	0.39%	0.34%
	DIS	B	0.46%	0.44%	0.44%
	DLR	B	0.14%	0.08%	0.08%
	DLTR	F	0.03%	0.02%	0.02%
	DOV	A	0.08%	0.14%	0.08%
	DRI	B	0.06%	0.08%	0.06%
	DTE	C	0.06%	0.02%	0.02%
	ECL	D	0.17%	0.12%	0.12%
	ED	D	0.08%	0.15%	0.08%
	EFX	F	0.07%	0.09%	0.07%
	EG	C	0.04%	0.04%	0.04%
	ELV	F	0.21%	0.04%	0.04%
	EMR	A	0.2%	0.13%	0.13%
	ENTG	D	0.03%	0.31%	0.03%
	EQR	B	0.07%	0.3%	0.07%
	ESI	A	0.02%	0.19%	0.02%
	ESS	B	0.05%	0.15%	0.05%
	ETN	A	0.4%	0.39%	0.39%
	EVRG	A	0.04%	0.16%	0.04%
	EW	C	0.09%	0.05%	0.05%
	EXR	D	0.08%	0.07%	0.07%
	FDX	B	0.16%	0.18%	0.16%
	FI	A	0.26%	0.33%	0.26%
	FR	C	0.02%	0.18%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	GE	D	0.5%	0.47%	0.47%
	GEN	B	0.03%	0.05%	0.03%
	GEV	B	0.22%	0.14%	0.14%
	GILD	C	0.25%	0.16%	0.16%
	GIS	D	0.1%	0.01%	0.01%
	GM	B	0.15%	0.22%	0.15%
	GOOGL	C	3.68%	1.98%	1.98%
	GS	A	0.46%	0.32%	0.32%
	GWW	B	0.1%	0.27%	0.1%
	HD	A	0.81%	0.59%	0.59%
	HIG	B	0.09%	0.12%	0.09%
	HOLX	D	0.04%	0.12%	0.04%
	HST	C	0.03%	0.0%	0.0%
	HUBB	B	0.07%	0.04%	0.04%
	IBKR	A	0.05%	0.05%	0.05%
	IBM	C	0.4%	0.42%	0.4%
	ICE	C	0.22%	0.15%	0.15%
	INTU	C	0.4%	0.49%	0.4%
	IR	B	0.12%	0.05%	0.05%
	IRM	D	0.07%	0.16%	0.07%
	ISRG	A	0.42%	0.43%	0.42%
	JKHY	D	0.03%	0.23%	0.03%
	JPM	A	1.44%	1.5%	1.44%
	KHC	F	0.08%	0.07%	0.07%
	KKR	A	0.25%	0.21%	0.21%
	KLAC	D	0.18%	0.19%	0.18%
	KMB	D	0.09%	0.13%	0.09%
	KO	D	0.56%	0.42%	0.42%
	KR	B	0.12%	0.09%	0.09%
	KVUE	A	0.09%	0.07%	0.07%
	LANC	C	0.01%	0.27%	0.01%
	LEN	D	0.1%	0.2%	0.1%
	LEN	D	0.1%	0.15%	0.1%
	LIN	D	0.52%	0.33%	0.33%
	LLY	F	1.28%	1.16%	1.16%
	LOW	D	0.31%	0.35%	0.31%
	LRCX	F	0.19%	0.2%	0.19%
	LW	C	0.03%	0.25%	0.03%
	MA	C	0.91%	0.59%	0.59%
	MAS	D	0.03%	0.24%	0.03%
	MDLZ	F	0.24%	0.28%	0.24%
	MDT	D	0.25%	0.33%	0.25%
	MNST	C	0.11%	0.04%	0.04%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.55%	0.35%	0.35%
	MSFT	F	5.74%	5.41%	5.41%
	MTN	C	0.01%	0.14%	0.01%
	MU	D	0.23%	0.16%	0.16%
	NDAQ	A	0.08%	0.06%	0.06%
	NEE	D	0.38%	0.2%	0.2%
	NFLX	A	0.75%	0.74%	0.74%
	NI	A	0.04%	0.18%	0.04%
	NOW	A	0.44%	0.47%	0.44%
	NTAP	C	0.05%	0.05%	0.05%
	NUE	C	0.19%	0.04%	0.04%
	NVDA	C	6.33%	5.97%	5.97%
	ORCL	B	0.63%	0.42%	0.42%
	PANW	C	0.26%	0.17%	0.17%
	PCAR	B	0.16%	0.31%	0.16%
	PEG	A	0.11%	0.14%	0.11%
	PEP	F	0.53%	0.32%	0.32%
	PFE	D	0.32%	0.25%	0.25%
	PFG	D	0.05%	0.04%	0.04%
	PG	A	0.8%	0.99%	0.8%
	PGR	A	0.37%	0.26%	0.26%
	PH	A	0.25%	0.33%	0.25%
	PHM	D	0.06%	0.29%	0.06%
	PKG	A	0.06%	0.07%	0.06%
	PLD	D	0.26%	0.18%	0.18%
	PWR	A	0.12%	0.11%	0.11%
	PYPL	B	0.19%	0.15%	0.15%
	QCOM	F	0.38%	0.48%	0.38%
	QLYS	C	0.01%	0.22%	0.01%
	RBLX	C	0.05%	0.06%	0.05%
	REGN	F	0.18%	0.18%	0.18%
	ROK	B	0.09%	0.08%	0.08%
	ROP	B	0.12%	0.17%	0.12%
	ROST	C	0.09%	0.06%	0.06%
	RSG	A	0.1%	0.05%	0.05%
	SHW	A	0.25%	0.27%	0.25%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.05%	0.27%	0.05%
	SNPS	B	0.17%	0.1%	0.1%
	SPG	B	0.14%	0.46%	0.14%
	SPGI	C	0.35%	0.26%	0.26%
	SQ	B	0.1%	0.06%	0.06%
	STLD	B	0.11%	0.11%	0.11%
	STT	A	0.07%	0.09%	0.07%
	SWKS	F	0.03%	0.1%	0.03%
	SYF	B	0.06%	0.11%	0.06%
	SYK	C	0.31%	0.38%	0.31%
	T	A	0.34%	0.43%	0.34%
	TGT	F	0.14%	0.16%	0.14%
	THG	A	0.01%	0.25%	0.01%
	TJX	A	0.27%	0.32%	0.27%
	TMO	F	0.44%	0.29%	0.29%
	TMUS	B	0.25%	0.41%	0.25%
	TREX	C	0.01%	0.15%	0.01%
	TSLA	B	1.86%	1.68%	1.68%
	TT	A	0.26%	0.17%	0.17%
	TTC	D	0.02%	0.19%	0.02%
	TW	A	0.04%	0.07%	0.04%
	TXN	C	0.39%	0.29%	0.29%
	UBER	D	0.31%	0.29%	0.29%
	UNH	C	1.15%	1.04%	1.04%
	UNP	C	0.34%	0.38%	0.34%
	UPS	C	0.23%	0.1%	0.1%
	URI	B	0.15%	0.26%	0.15%
	V	A	1.09%	0.64%	0.64%
	VLTO	D	0.05%	0.03%	0.03%
	VRTX	F	0.27%	0.21%	0.21%
	VZ	C	0.37%	0.38%	0.37%
	WAB	B	0.1%	0.18%	0.1%
	WAT	B	0.05%	0.26%	0.05%
	WELL	A	0.2%	0.13%	0.13%
	WFC	A	0.63%	0.62%	0.62%
	WMT	A	0.73%	0.93%	0.73%
	WPC	D	0.03%	0.02%	0.02%
	WTM	A	0.01%	0.37%	0.01%
	WY	D	0.04%	0.14%	0.04%
	ZBH	C	0.05%	0.13%	0.05%
	ZBRA	B	0.04%	0.26%	0.04%
	ZTS	D	0.18%	0.09%	0.09%

CVLC Overweight 548 Positions Relative to APUE

	Symbol	Grade	Weight
	BKNG	A	0.35%
	SBUX	A	0.31%
	SCHW	B	0.3%
	MMC	B	0.27%
	BKR	B	0.24%
	ITW	B	0.23%
	INTC	D	0.22%
	EQIX	A	0.21%
	WM	A	0.21%
	CME	A	0.2%
	VMC	B	0.2%
	PNC	B	0.2%
	USB	A	0.19%
	NKE	D	0.18%
	OXY	D	0.18%
	MCO	B	0.17%
	CDNS	B	0.17%
	MSI	B	0.17%
	JCI	C	0.16%
	MRVL	B	0.16%
	MAR	B	0.15%
	BDX	F	0.15%
	TRV	B	0.15%
	TFC	A	0.15%
	ADSK	A	0.14%
	AMP	A	0.14%
	ORLY	B	0.14%
	AJG	B	0.14%
	SRE	A	0.14%
	AME	A	0.13%
	FTNT	C	0.13%
	PSA	D	0.13%
	HLT	A	0.13%
	WDAY	B	0.12%
	APP	B	0.12%
	D	C	0.12%
	O	D	0.12%
	FICO	B	0.12%
	AXON	A	0.12%
	MET	A	0.12%
	VRT	B	0.12%
	AZO	C	0.11%
	YUM	B	0.11%
	DFS	B	0.11%
	TTD	B	0.11%
	OTIS	C	0.11%
	CSL	C	0.11%
	PRU	A	0.11%
	ODFL	B	0.1%
	EXC	C	0.1%
	PAYX	C	0.1%
	MSCI	C	0.1%
	FIS	C	0.1%
	F	C	0.1%
	SYY	B	0.1%
	IT	C	0.09%
	MTB	A	0.09%
	VRSK	A	0.09%
	OC	A	0.09%
	FAST	B	0.09%
	RS	B	0.09%
	XEL	A	0.09%
	KDP	D	0.09%
	WEC	A	0.08%
	GLW	B	0.08%
	ARES	A	0.08%
	RMD	C	0.08%
	IDXX	F	0.08%
	HEI	B	0.08%
	GEHC	F	0.08%
	IQV	D	0.08%
	DDOG	A	0.08%
	FITB	A	0.08%
	WTW	B	0.08%
	TEAM	A	0.08%
	CHTR	C	0.08%
	PPG	F	0.08%
	EA	A	0.08%
	SNOW	C	0.08%
	XYL	D	0.08%
	NVR	D	0.07%
	FCNCA	A	0.07%
	VEEV	C	0.07%
	ALNY	D	0.07%
	DXCM	D	0.07%
	LULU	C	0.07%
	MCHP	D	0.07%
	HUBS	A	0.07%
	HSY	F	0.07%
	KEYS	A	0.07%
	FTV	C	0.07%
	SW	A	0.07%
	RJF	A	0.07%
	HUM	C	0.07%
	HPQ	B	0.07%
	IFF	D	0.06%
	MTD	D	0.06%
	EME	C	0.06%
	MKC	D	0.06%
	NET	B	0.06%
	SBAC	D	0.06%
	BRO	B	0.06%
	HPE	B	0.06%
	CINF	A	0.06%
	LPLA	A	0.06%
	ON	D	0.06%
	TSCO	D	0.06%
	RF	A	0.06%
	EBAY	D	0.06%
	K	A	0.06%
	TTWO	A	0.06%
	TDY	B	0.06%
	ANSS	B	0.06%
	HBAN	A	0.06%
	AWK	D	0.06%
	VTR	C	0.06%
	TROW	B	0.06%
	ZM	B	0.05%
	WDC	D	0.05%
	WRB	A	0.05%
	NRG	B	0.05%
	PTC	A	0.05%
	WBD	C	0.05%
	ILMN	D	0.05%
	TRMB	B	0.05%
	IEX	B	0.05%
	STE	F	0.05%
	PNR	A	0.05%
	CMS	C	0.05%
	CDW	F	0.05%
	WST	C	0.05%
	WSO	A	0.05%
	CFG	B	0.05%
	BIIB	F	0.05%
	NTRS	A	0.05%
	CHD	B	0.05%
	TYL	B	0.05%
	ES	D	0.05%
	LII	A	0.05%
	ALGN	D	0.04%
	MANH	D	0.04%
	JBHT	C	0.04%
	EWBC	A	0.04%
	COHR	B	0.04%
	UDR	B	0.04%
	DOC	D	0.04%
	PINS	D	0.04%
	TWLO	A	0.04%
	UTHR	C	0.04%
	PFGC	B	0.04%
	BG	F	0.04%
	CAG	D	0.04%
	SOFI	A	0.04%
	BAX	D	0.04%
	BBY	D	0.04%
	SWK	D	0.04%
	TXRH	C	0.04%
	CMC	B	0.04%
	TOL	B	0.04%
	SUI	D	0.04%
	EQH	B	0.04%
	RGA	A	0.04%
	ATI	D	0.04%
	LNT	A	0.04%
	FIX	A	0.04%
	MOH	F	0.04%
	CW	B	0.04%
	NDSN	B	0.04%
	XPO	B	0.04%
	ZS	C	0.04%
	EXPD	D	0.04%
	SFM	A	0.04%
	KIM	A	0.04%
	PODD	C	0.04%
	FDS	B	0.04%
	TRU	D	0.04%
	AMCR	D	0.04%
	CLX	B	0.04%
	OMC	C	0.04%
	CASY	A	0.04%
	GGG	B	0.04%
	MDB	C	0.04%
	BAH	F	0.04%
	DPZ	C	0.04%
	STX	D	0.04%
	AVY	D	0.04%
	LYV	A	0.04%
	LH	C	0.04%
	USFD	A	0.04%
	KEY	B	0.04%
	MAA	B	0.04%
	JNPR	F	0.03%
	OHI	C	0.03%
	WBS	A	0.03%
	BLD	D	0.03%
	KNSL	B	0.03%
	WMS	D	0.03%
	DCI	B	0.03%
	WTRG	B	0.03%
	INGR	B	0.03%
	CG	A	0.03%
	NBIX	C	0.03%
	TPR	B	0.03%
	SCI	B	0.03%
	WING	D	0.03%
	CUBE	D	0.03%
	EVR	B	0.03%
	WWD	B	0.03%
	POOL	C	0.03%
	BMRN	D	0.03%
	FHN	A	0.03%
	TTEK	F	0.03%
	LAMR	D	0.03%
	MLI	C	0.03%
	EPAM	C	0.03%
	AKAM	D	0.03%
	ARMK	B	0.03%
	AYI	B	0.03%
	ALSN	B	0.03%
	SF	B	0.03%
	MRNA	F	0.03%
	AIT	A	0.03%
	DT	C	0.03%
	FFIV	B	0.03%
	EL	F	0.03%
	JBL	B	0.03%
	JEF	A	0.03%
	AFRM	B	0.03%
	JLL	D	0.03%
	CCK	C	0.03%
	BXP	D	0.03%
	RVTY	F	0.03%
	CHRW	C	0.03%
	CLH	B	0.03%
	CPT	B	0.03%
	ATR	B	0.03%
	OWL	A	0.03%
	ELS	C	0.03%
	AVTR	F	0.03%
	Z	A	0.03%
	PSTG	D	0.03%
	LECO	B	0.03%
	SJM	D	0.03%
	RRX	B	0.03%
	WSM	B	0.03%
	SUM	B	0.03%
	ROL	B	0.03%
	RNR	C	0.03%
	REG	B	0.03%
	INCY	C	0.03%
	SAIA	B	0.03%
	SSNC	B	0.03%
	EMN	D	0.03%
	VRSN	F	0.03%
	APTV	D	0.03%
	DG	F	0.03%
	GWRE	A	0.03%
	UNM	A	0.03%
	NVT	B	0.03%
	NTNX	A	0.03%
	TOST	B	0.03%
	DOCU	A	0.03%
	GPC	D	0.03%
	BURL	A	0.03%
	ALLE	D	0.03%
	ULTA	F	0.03%
	ITT	A	0.03%
	TER	D	0.03%
	ACM	A	0.03%
	FSS	B	0.02%
	MOD	A	0.02%
	COLD	D	0.02%
	SMAR	A	0.02%
	IDA	A	0.02%
	LSTR	D	0.02%
	OLED	D	0.02%
	CVLT	B	0.02%
	GXO	B	0.02%
	ENPH	F	0.02%
	FCN	D	0.02%
	HLNE	B	0.02%
	ELAN	D	0.02%
	WSC	D	0.02%
	WEX	D	0.02%
	UFPI	B	0.02%
	LPX	B	0.02%
	MTH	D	0.02%
	G	B	0.02%
	ESTC	C	0.02%
	MTG	C	0.02%
	RHP	B	0.02%
	SKX	D	0.02%
	WTS	B	0.02%
	STAG	F	0.02%
	RL	B	0.02%
	ALK	C	0.02%
	BCPC	B	0.02%
	HAS	D	0.02%
	R	B	0.02%
	JAZZ	B	0.02%
	AGCO	D	0.02%
	OMF	A	0.02%
	ONTO	D	0.02%
	GKOS	B	0.02%
	RHI	B	0.02%
	CBT	C	0.02%
	LFUS	F	0.02%
	WH	B	0.02%
	AXS	A	0.02%
	ONB	B	0.02%
	VNO	B	0.02%
	NOVT	D	0.02%
	BPOP	B	0.02%
	MOG.A	B	0.02%
	CADE	B	0.02%
	RYAN	B	0.02%
	TMHC	B	0.02%
	RIVN	F	0.02%
	SNX	C	0.02%
	BMI	B	0.02%
	MEDP	D	0.02%
	ENSG	D	0.02%
	MSA	D	0.02%
	PLNT	A	0.02%
	HQY	B	0.02%
	DVA	B	0.02%
	TPX	B	0.02%
	PCTY	B	0.02%
	FBIN	D	0.02%
	WCC	B	0.02%
	BILL	A	0.02%
	HRB	D	0.02%
	ROKU	D	0.02%
	BRBR	A	0.02%
	JXN	C	0.02%
	AGNC	D	0.02%
	BWA	D	0.02%
	CHE	D	0.02%
	COKE	C	0.02%
	ALV	C	0.02%
	NYT	C	0.02%
	VMI	B	0.02%
	PB	A	0.02%
	NNN	D	0.02%
	FMC	D	0.02%
	CGNX	C	0.02%
	DAR	C	0.02%
	HSIC	B	0.02%
	LAD	A	0.02%
	IVZ	B	0.02%
	OSK	B	0.02%
	SNV	B	0.02%
	ESAB	B	0.02%
	CNM	D	0.02%
	VOYA	B	0.02%
	GTLS	B	0.02%
	MKSI	C	0.02%
	FRPT	B	0.02%
	SSB	B	0.02%
	LKQ	D	0.02%
	PEN	B	0.02%
	EXAS	D	0.02%
	DOX	D	0.02%
	CIEN	B	0.02%
	MIDD	C	0.02%
	TFX	F	0.02%
	MTZ	B	0.02%
	MORN	B	0.02%
	GMED	A	0.02%
	CFR	B	0.02%
	KNX	B	0.02%
	SRPT	D	0.02%
	SEIC	B	0.02%
	BRX	A	0.02%
	APG	B	0.02%
	SSD	D	0.02%
	BERY	B	0.02%
	WTFC	A	0.02%
	MKTX	D	0.02%
	ZION	B	0.02%
	CRL	C	0.02%
	EXEL	B	0.02%
	FND	C	0.02%
	FLS	B	0.02%
	ACI	C	0.02%
	DKS	C	0.02%
	EHC	B	0.02%
	RPRX	D	0.02%
	AAL	B	0.02%
	CBSH	A	0.02%
	ORI	A	0.02%
	REXR	F	0.02%
	CMA	A	0.02%
	CE	F	0.02%
	IPG	D	0.02%
	BJ	A	0.02%
	FRT	B	0.02%
	SNAP	C	0.02%
	PNFP	B	0.02%
	MOS	F	0.02%
	PAYC	B	0.02%
	GPK	C	0.02%
	CTLT	B	0.02%
	GL	B	0.02%
	TECH	D	0.02%
	DAY	B	0.02%
	HRL	D	0.02%
	CPB	D	0.02%
	AES	F	0.02%
	KMX	B	0.02%
	LBRDK	C	0.02%
	HLI	B	0.02%
	AOS	F	0.02%
	WAL	B	0.02%
	DUOL	A	0.02%
	ALLY	C	0.02%
	OKTA	C	0.02%
	AFG	A	0.02%
	PRI	A	0.02%
	CNH	C	0.02%
	COTY	F	0.01%
	ALGM	D	0.01%
	COLM	B	0.01%
	PAG	B	0.01%
	APLS	D	0.01%
	CWEN	C	0.01%
	AGR	B	0.01%
	ZI	D	0.01%
	TNET	D	0.01%
	PFSI	D	0.01%
	MSM	C	0.01%
	BOKF	B	0.01%
	BBIO	F	0.01%
	CDP	C	0.01%
	XRAY	F	0.01%
	CHWY	B	0.01%
	OPCH	D	0.01%
	SIG	B	0.01%
	NSIT	F	0.01%
	AN	C	0.01%
	M	D	0.01%
	CHH	A	0.01%
	OGN	D	0.01%
	BCO	D	0.01%
	ATKR	C	0.01%
	CWAN	B	0.01%
	DLB	B	0.01%
	EEFT	B	0.01%
	FIVE	F	0.01%
	AVT	C	0.01%
	RH	B	0.01%
	PSN	D	0.01%
	GAP	C	0.01%
	WMG	C	0.01%
	ABG	B	0.01%
	TENB	C	0.01%
	HOG	D	0.01%
	IONS	F	0.01%
	ASH	D	0.01%
	MMS	F	0.01%
	APPF	B	0.01%
	HCP	B	0.01%
	BCC	B	0.01%
	EXPO	D	0.01%
	NXST	C	0.01%
	CROX	D	0.01%
	ZWS	B	0.01%
	OLLI	D	0.01%
	ETSY	D	0.01%
	PVH	C	0.01%
	SWX	B	0.01%
	CRUS	D	0.01%
	INSP	D	0.01%
	IBP	D	0.01%
	RMBS	C	0.01%
	FELE	B	0.01%
	VRNS	D	0.01%
	POR	C	0.01%
	WHR	B	0.01%
	FLO	D	0.01%
	ARW	D	0.01%
	CELH	F	0.01%
	BECN	B	0.01%
	VNT	B	0.01%
	BPMC	C	0.01%
	SITE	D	0.01%
	SLGN	A	0.01%
	MAT	D	0.01%
	UGI	A	0.01%
	DOCS	C	0.01%
	LEA	D	0.01%
	ALTR	B	0.01%
	RDN	C	0.01%
	DY	D	0.01%
	HALO	F	0.01%
	OZK	B	0.01%
	SLM	A	0.01%
	AZEK	A	0.01%
	MMSI	B	0.01%
	SAIC	F	0.01%
	FOUR	B	0.01%
	QRVO	F	0.01%
	ELF	C	0.01%
	THO	B	0.01%
	LYFT	C	0.01%
	BFAM	D	0.01%
	TPG	A	0.01%
	ST	F	0.01%
	TKR	D	0.01%
	CFLT	B	0.01%
	NFG	A	0.01%
	DBX	B	0.01%
	AMG	B	0.01%
	KD	B	0.01%
	HXL	D	0.01%
	BBWI	D	0.01%
	SON	D	0.01%
	SPSC	C	0.01%
	KBH	D	0.01%
	BIO	D	0.01%
	EPRT	B	0.01%
	TRNO	F	0.01%
	HOMB	A	0.01%
	FAF	A	0.01%
	ESNT	D	0.01%
	AL	B	0.01%
	KRG	B	0.01%
	LSCC	D	0.01%
	JHG	A	0.01%
	GME	C	0.01%
	ITRI	B	0.01%
	STWD	C	0.01%
	ANF	C	0.01%
	SEE	C	0.01%
	RGEN	D	0.01%
	MHK	D	0.01%
	FNB	A	0.01%
	BC	C	0.01%
	EXLS	B	0.01%
	PARA	C	0.01%
	COOP	B	0.01%
	H	B	0.01%
	S	B	0.01%
	VFC	C	0.01%
	SIGI	C	0.01%
	LNC	B	0.01%
	GATX	A	0.01%
	LEVI	F	0.0%

CVLC Underweight 72 Positions Relative to APUE

	Symbol	Grade	Weight
	DFAS	A	-4.83%
	META	D	-2.28%
	BRK.A	B	-1.84%
	GOOG	C	-1.63%
	XOM	B	-0.99%
	JNJ	D	-0.89%
	MO	A	-0.47%
	AER	B	-0.42%
	DUK	C	-0.4%
	CHDN	B	-0.38%
	MUSA	A	-0.37%
	CVX	A	-0.31%
	HCA	F	-0.31%
	HON	B	-0.3%
	ETR	B	-0.3%
	POST	C	-0.27%
	VICI	C	-0.25%
	L	A	-0.25%
	PM	B	-0.25%
	COP	C	-0.24%
	MCD	D	-0.23%
	NEU	C	-0.23%
	MS	A	-0.23%
	AEP	D	-0.22%
	SO	D	-0.22%
	RTX	C	-0.21%
	DASH	A	-0.2%
	PPL	B	-0.19%
	CCL	B	-0.16%
	IP	B	-0.16%
	HWM	A	-0.16%
	GDDY	A	-0.16%
	FCX	D	-0.16%
	REYN	D	-0.15%
	LMT	D	-0.15%
	GRMN	B	-0.15%
	TXT	D	-0.15%
	UNF	B	-0.14%
	FOX	A	-0.14%
	FOXA	B	-0.13%
	MPC	D	-0.13%
	FNF	B	-0.13%
	PCG	A	-0.12%
	PLTR	B	-0.11%
	EOG	A	-0.11%
	MCK	B	-0.11%
	CAH	B	-0.1%
	DD	D	-0.1%
	CNNE	B	-0.09%
	CABO	C	-0.09%
	RCL	A	-0.08%
	COR	B	-0.08%
	CRBG	B	-0.07%
	LNG	B	-0.07%
	MKL	A	-0.07%
	NEM	D	-0.07%
	DVN	F	-0.06%
	CB	C	-0.06%
	BA	F	-0.06%
	CTVA	C	-0.06%
	GD	F	-0.06%
	VLO	C	-0.06%
	GPN	B	-0.05%
	SLB	C	-0.05%
	PSX	C	-0.05%
	NWS	B	-0.05%
	CTRA	B	-0.04%
	J	F	-0.04%
	ADM	D	-0.03%
	UAL	A	-0.03%
	MSTR	C	-0.03%
	RKT	F	-0.02%

CVLC: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Business Services Asset Management Biotechnology Software - Infrastructure Diagnostics & Research Specialty Retail Semiconductors Capital Markets Packaged Foods Utilities - Regulated Electric Scientific & Technical Instruments Credit Services Insurance - Property & Casualty Medical Devices Medical Instruments & Supplies Packaging & Containers Building Materials

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

APUE: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Asset Management Diversified Industrials Business Services Drug Manufacturers - Major Semiconductors Credit Services Insurance - Property & Casualty Diagnostics & Research Medical Devices Specialty Chemicals Aerospace & Defense Capital Markets Health Care Plans Packaged Foods Telecom Services Banks - Global Discount Stores Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Insurance Natural Gas Computing Electricity Electronics Semiconductor Medicine Telecommunications Chemical Real Estate Investment Trust IBD 50 Insurance Products Work From Home Aerospace Integrated Circuits Mining Mobile Devices