CVLC vs. PTL ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

$74.89

Average Daily Volume

17,709

Number of Holdings ^*

768

* may have additional holdings in another (foreign) market

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.40

Average Daily Volume

7,638

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	PTL
30 Days	3.03%	3.32%
60 Days	5.47%	5.48%
90 Days	6.95%	6.70%
12 Months	33.41%

359 Overlapping Holdings

Symbol	Grade	Weight in CVLC	Weight in PTL	Overlap
ACI	C	0.02%	0.08%	0.02%
ADP	A	0.26%	0.88%	0.26%
AEE	A	0.06%	0.16%	0.06%
AFG	A	0.02%	0.08%	0.02%
AFL	B	0.14%	0.42%	0.14%
AFRM	A	0.03%	0.15%	0.03%
AGCO	D	0.02%	0.05%	0.02%
AGNC	C	0.02%	0.05%	0.02%
AGR	A	0.01%	0.1%	0.01%
AIG	B	0.12%	0.34%	0.12%
AIT	B	0.03%	0.07%	0.03%
ALGN	D	0.04%	0.12%	0.04%
ALSN	B	0.03%	0.07%	0.03%
ALTR	B	0.01%	0.06%	0.01%
AME	A	0.13%	0.31%	0.13%
AN	C	0.01%	0.04%	0.01%
ANET	C	0.2%	0.85%	0.2%
ANSS	B	0.06%	0.21%	0.06%
AOS	F	0.02%	0.07%	0.02%
APG	B	0.02%	0.08%	0.02%
APH	A	0.24%	0.6%	0.24%
APP	B	0.12%	0.67%	0.12%
APPF	B	0.01%	0.06%	0.01%
ARE	F	0.04%	0.14%	0.04%
ARW	D	0.01%	0.04%	0.01%
ATI	C	0.04%	0.05%	0.04%
ATR	B	0.03%	0.08%	0.03%
AVGO	D	1.53%	5.58%	1.53%
AWK	C	0.06%	0.18%	0.06%
AXTA	B	0.02%	0.06%	0.02%
AYI	B	0.03%	0.07%	0.03%
AZO	C	0.11%	0.36%	0.11%
BAX	F	0.04%	0.12%	0.04%
BERY	C	0.02%	0.05%	0.02%
BFAM	D	0.01%	0.04%	0.01%
BG	D	0.04%	0.09%	0.04%
BIO	C	0.01%	0.07%	0.01%
BJ	A	0.02%	0.08%	0.02%
BKR	A	0.24%	0.3%	0.24%
BLD	D	0.03%	0.08%	0.03%
BOKF	B	0.01%	0.05%	0.01%
BRBR	A	0.02%	0.06%	0.02%
BRKR	D	0.01%	0.06%	0.01%
BRO	B	0.06%	0.22%	0.06%
BRX	A	0.02%	0.06%	0.02%
BWA	D	0.02%	0.05%	0.02%
BXP	C	0.03%	0.09%	0.03%
CAG	F	0.04%	0.09%	0.04%
CASY	A	0.04%	0.1%	0.04%
CAT	B	0.5%	1.24%	0.5%
CBOE	C	0.05%	0.15%	0.05%
CCI	C	0.11%	0.3%	0.11%
CCK	D	0.03%	0.08%	0.03%
CDW	F	0.05%	0.18%	0.05%
CEG	C	0.17%	0.4%	0.17%
CELH	F	0.01%	0.05%	0.01%
CFLT	B	0.01%	0.07%	0.01%
CFR	B	0.02%	0.06%	0.02%
CGNX	D	0.02%	0.05%	0.02%
CHE	D	0.02%	0.06%	0.02%
CHRW	B	0.03%	0.08%	0.03%
CHWY	B	0.01%	0.11%	0.01%
CIEN	C	0.02%	0.07%	0.02%
CINF	A	0.06%	0.16%	0.06%
CLH	C	0.03%	0.1%	0.03%
CMS	C	0.05%	0.14%	0.05%
CNM	D	0.02%	0.06%	0.02%
COHR	B	0.04%	0.11%	0.04%
COIN	C	0.15%	0.54%	0.15%
COKE	C	0.02%	0.07%	0.02%
COLD	D	0.02%	0.05%	0.02%
CPB	D	0.02%	0.1%	0.02%
CPRT	B	0.11%	0.38%	0.11%
CPT	B	0.03%	0.09%	0.03%
CSGP	D	0.06%	0.23%	0.06%
CSL	C	0.11%	0.14%	0.11%
CTAS	B	0.15%	0.62%	0.15%
CUBE	C	0.03%	0.07%	0.03%
CVNA	B	0.05%	0.33%	0.05%
CW	C	0.04%	0.1%	0.04%
DAL	B	0.1%	0.27%	0.1%
DCI	B	0.03%	0.06%	0.03%
DDOG	A	0.08%	0.29%	0.08%
DECK	A	0.05%	0.19%	0.05%
DG	F	0.03%	0.12%	0.03%
DHI	F	0.11%	0.38%	0.11%
DLB	B	0.01%	0.05%	0.01%
DLR	B	0.14%	0.41%	0.14%
DLTR	F	0.03%	0.1%	0.03%
DOC	C	0.04%	0.1%	0.04%
DOCU	B	0.03%	0.11%	0.03%
DOV	A	0.08%	0.19%	0.08%
DOX	D	0.02%	0.07%	0.02%
DT	D	0.03%	0.11%	0.03%
DTE	C	0.06%	0.17%	0.06%
DVA	C	0.02%	0.09%	0.02%
DXCM	C	0.07%	0.22%	0.07%
ED	C	0.08%	0.23%	0.08%
EFX	F	0.07%	0.24%	0.07%
EHC	B	0.02%	0.07%	0.02%
ELAN	D	0.02%	0.05%	0.02%
ELS	C	0.03%	0.1%	0.03%
ELV	F	0.21%	0.69%	0.21%
EME	A	0.06%	0.16%	0.06%
EMR	B	0.2%	0.49%	0.2%
ENPH	F	0.02%	0.06%	0.02%
ENSG	C	0.02%	0.06%	0.02%
ENTG	D	0.03%	0.11%	0.03%
EPAM	B	0.03%	0.1%	0.03%
EQR	C	0.07%	0.2%	0.07%
ES	C	0.05%	0.15%	0.05%
ESNT	F	0.01%	0.04%	0.01%
ESS	B	0.05%	0.14%	0.05%
ESTC	C	0.02%	0.07%	0.02%
EVR	B	0.03%	0.08%	0.03%
EVRG	A	0.04%	0.1%	0.04%
EW	C	0.09%	0.28%	0.09%
EWBC	A	0.04%	0.1%	0.04%
EXC	C	0.1%	0.25%	0.1%
EXEL	B	0.02%	0.07%	0.02%
EXPD	C	0.04%	0.11%	0.04%
EXR	C	0.08%	0.24%	0.08%
FAST	B	0.09%	0.33%	0.09%
FBIN	D	0.02%	0.06%	0.02%
FCN	F	0.02%	0.05%	0.02%
FCNCA	A	0.07%	0.23%	0.07%
FDX	B	0.16%	0.54%	0.16%
FFIV	B	0.03%	0.1%	0.03%
FHN	A	0.03%	0.08%	0.03%
FICO	B	0.12%	0.4%	0.12%
FIX	A	0.04%	0.11%	0.04%
FND	D	0.02%	0.07%	0.02%
FOUR	A	0.01%	0.06%	0.01%
FR	D	0.02%	0.05%	0.02%
FRPT	A	0.02%	0.05%	0.02%
FRT	B	0.02%	0.07%	0.02%
FSLR	F	0.04%	0.13%	0.04%
FTNT	C	0.13%	0.51%	0.13%
G	B	0.02%	0.06%	0.02%
GAP	C	0.01%	0.05%	0.01%
GEHC	D	0.08%	0.26%	0.08%
GEN	B	0.03%	0.13%	0.03%
GEV	B	0.22%	0.58%	0.22%
GGG	B	0.04%	0.1%	0.04%
GKOS	B	0.02%	0.05%	0.02%
GL	C	0.02%	0.07%	0.02%
GME	C	0.01%	0.07%	0.01%
GMED	A	0.02%	0.08%	0.02%
GPC	D	0.03%	0.12%	0.03%
GPK	C	0.02%	0.06%	0.02%
GWRE	A	0.03%	0.11%	0.03%
HCP	B	0.01%	0.05%	0.01%
HD	B	0.81%	2.68%	0.81%
HLI	A	0.02%	0.09%	0.02%
HLNE	B	0.02%	0.07%	0.02%
HOLX	D	0.04%	0.13%	0.04%
HQY	A	0.02%	0.06%	0.02%
HST	C	0.03%	0.09%	0.03%
HUBB	B	0.07%	0.16%	0.07%
IBKR	A	0.05%	0.51%	0.05%
IBP	D	0.01%	0.04%	0.01%
ICE	C	0.22%	0.62%	0.22%
IDXX	F	0.08%	0.25%	0.08%
IEX	C	0.05%	0.12%	0.05%
IFF	D	0.06%	0.16%	0.06%
INCY	C	0.03%	0.11%	0.03%
IQV	F	0.08%	0.28%	0.08%
IR	B	0.12%	0.29%	0.12%
ISRG	A	0.42%	1.32%	0.42%
ITT	A	0.03%	0.08%	0.03%
JAZZ	B	0.02%	0.05%	0.02%
JBHT	C	0.04%	0.14%	0.04%
JBL	C	0.03%	0.1%	0.03%
JEF	A	0.03%	0.11%	0.03%
JKHY	D	0.03%	0.09%	0.03%
JNPR	D	0.03%	0.09%	0.03%
KEYS	A	0.07%	0.19%	0.07%
KLAC	F	0.18%	0.62%	0.18%
KMX	B	0.02%	0.08%	0.02%
KNSL	B	0.03%	0.07%	0.03%
KNX	C	0.02%	0.06%	0.02%
KVUE	A	0.09%	0.31%	0.09%
LAD	A	0.02%	0.06%	0.02%
LAMR	C	0.03%	0.09%	0.03%
LECO	C	0.03%	0.08%	0.03%
LEN	D	0.1%	0.32%	0.1%
LH	B	0.04%	0.14%	0.04%
LII	A	0.05%	0.16%	0.05%
LIN	C	0.52%	1.5%	0.52%
LOW	C	0.31%	1.03%	0.31%
LPX	B	0.02%	0.05%	0.02%
LSCC	D	0.01%	0.05%	0.01%
LSTR	D	0.02%	0.05%	0.02%
LW	C	0.03%	0.08%	0.03%
MAA	B	0.04%	0.13%	0.04%
MANH	D	0.04%	0.12%	0.04%
MAS	D	0.03%	0.12%	0.03%
MCHP	F	0.07%	0.25%	0.07%
MDB	B	0.04%	0.16%	0.04%
MEDP	D	0.02%	0.09%	0.02%
MHK	D	0.01%	0.06%	0.01%
MIDD	C	0.02%	0.05%	0.02%
MKC	C	0.06%	0.14%	0.06%
MKSI	C	0.02%	0.06%	0.02%
MKTX	D	0.02%	0.07%	0.02%
MLI	B	0.03%	0.07%	0.03%
MNST	C	0.11%	0.38%	0.11%
MOH	F	0.04%	0.13%	0.04%
MPWR	F	0.06%	0.21%	0.06%
MRVL	B	0.16%	0.58%	0.16%
MSA	F	0.02%	0.05%	0.02%
MSCI	C	0.1%	0.32%	0.1%
MTD	F	0.06%	0.18%	0.06%
MTH	D	0.02%	0.05%	0.02%
MTN	C	0.01%	0.05%	0.01%
MTZ	B	0.02%	0.08%	0.02%
NBIX	C	0.03%	0.09%	0.03%
NDSN	B	0.04%	0.1%	0.04%
NEE	C	0.38%	1.03%	0.38%
NET	B	0.06%	0.22%	0.06%
NI	A	0.04%	0.11%	0.04%
NNN	C	0.02%	0.05%	0.02%
NRG	B	0.05%	0.12%	0.05%
NTAP	C	0.05%	0.17%	0.05%
NTNX	B	0.03%	0.13%	0.03%
NUE	C	0.19%	0.25%	0.19%
NVR	D	0.07%	0.19%	0.07%
OC	A	0.09%	0.12%	0.09%
ODFL	C	0.1%	0.35%	0.1%
OHI	C	0.03%	0.07%	0.03%
OKTA	C	0.02%	0.09%	0.02%
OLED	F	0.02%	0.06%	0.02%
ON	D	0.06%	0.21%	0.06%
ONTO	F	0.02%	0.06%	0.02%
ORI	A	0.02%	0.07%	0.02%
ORLY	B	0.14%	0.49%	0.14%
OTIS	C	0.11%	0.25%	0.11%
OWL	A	0.03%	0.22%	0.03%
OXY	D	0.18%	0.33%	0.18%
PAG	B	0.01%	0.07%	0.01%
PANW	B	0.26%	0.89%	0.26%
PAYC	B	0.02%	0.09%	0.02%
PAYX	B	0.1%	0.37%	0.1%
PB	B	0.02%	0.06%	0.02%
PCAR	B	0.16%	0.43%	0.16%
PCTY	C	0.02%	0.08%	0.02%
PEG	A	0.11%	0.28%	0.11%
PEN	B	0.02%	0.07%	0.02%
PFGC	B	0.04%	0.09%	0.04%
PGR	A	0.37%	1.07%	0.37%
PH	A	0.25%	0.62%	0.25%
PHM	D	0.06%	0.19%	0.06%
PKG	A	0.06%	0.15%	0.06%
PLD	F	0.26%	0.74%	0.26%
PLNT	A	0.02%	0.06%	0.02%
PNFP	B	0.02%	0.07%	0.02%
PODD	C	0.04%	0.13%	0.04%
POOL	C	0.03%	0.09%	0.03%
PRI	B	0.02%	0.07%	0.02%
PSA	C	0.13%	0.4%	0.13%
PWR	A	0.12%	0.32%	0.12%
QCOM	F	0.38%	1.3%	0.38%
QRVO	F	0.01%	0.04%	0.01%
REG	A	0.03%	0.1%	0.03%
REGN	F	0.18%	0.69%	0.18%
REXR	F	0.02%	0.07%	0.02%
RF	A	0.06%	0.17%	0.06%
RGA	A	0.04%	0.11%	0.04%
RGEN	D	0.01%	0.06%	0.01%
RHI	C	0.02%	0.05%	0.02%
RMD	C	0.08%	0.25%	0.08%
ROL	B	0.03%	0.17%	0.03%
ROP	B	0.12%	0.42%	0.12%
RPRX	D	0.02%	0.11%	0.02%
RRX	B	0.03%	0.08%	0.03%
RS	B	0.09%	0.12%	0.09%
RSG	A	0.1%	0.46%	0.1%
RVTY	F	0.03%	0.1%	0.03%
RYAN	A	0.02%	0.12%	0.02%
S	B	0.01%	0.06%	0.01%
SAIA	B	0.03%	0.11%	0.03%
SAIC	F	0.01%	0.05%	0.01%
SBAC	D	0.06%	0.16%	0.06%
SCI	B	0.03%	0.09%	0.03%
SEIC	B	0.02%	0.07%	0.02%
SF	B	0.03%	0.08%	0.03%
SFM	A	0.04%	0.1%	0.04%
SHW	B	0.25%	0.67%	0.25%
SITE	F	0.01%	0.05%	0.01%
SMCI	F	0.02%	0.09%	0.02%
SNA	A	0.05%	0.13%	0.05%
SNOW	B	0.08%	0.29%	0.08%
SNPS	B	0.17%	0.6%	0.17%
SPG	A	0.14%	0.4%	0.14%
SPSC	D	0.01%	0.05%	0.01%
SSB	B	0.02%	0.06%	0.02%
SSD	F	0.02%	0.05%	0.02%
SSNC	B	0.03%	0.13%	0.03%
STAG	D	0.02%	0.05%	0.02%
STE	D	0.05%	0.15%	0.05%
STLD	B	0.11%	0.15%	0.11%
STWD	C	0.01%	0.05%	0.01%
SUI	C	0.04%	0.11%	0.04%
SUM	B	0.03%	0.06%	0.03%
SWKS	F	0.03%	0.1%	0.03%
SYY	D	0.1%	0.25%	0.1%
TER	F	0.03%	0.12%	0.03%
TMHC	C	0.02%	0.05%	0.02%
TOL	B	0.04%	0.11%	0.04%
TOST	B	0.03%	0.15%	0.03%
TPX	B	0.02%	0.07%	0.02%
TREX	C	0.01%	0.06%	0.01%
TRMB	B	0.05%	0.12%	0.05%
TRNO	F	0.01%	0.04%	0.01%
TSCO	D	0.06%	0.2%	0.06%
TTC	C	0.02%	0.06%	0.02%
TTD	B	0.11%	0.45%	0.11%
TTEK	F	0.03%	0.09%	0.03%
TTWO	A	0.06%	0.23%	0.06%
TW	A	0.04%	0.19%	0.04%
TXRH	B	0.04%	0.09%	0.04%
TYL	B	0.05%	0.18%	0.05%
UDR	B	0.04%	0.1%	0.04%
UFPI	C	0.02%	0.06%	0.02%
UPS	C	0.23%	0.75%	0.23%
URI	C	0.15%	0.39%	0.15%
USFD	A	0.04%	0.11%	0.04%
UTHR	C	0.04%	0.12%	0.04%
VEEV	C	0.07%	0.28%	0.07%
VLTO	C	0.05%	0.17%	0.05%
VMC	B	0.2%	0.26%	0.2%
VNO	C	0.02%	0.06%	0.02%
VRSK	A	0.09%	0.28%	0.09%
VRT	B	0.12%	0.3%	0.12%
VTR	B	0.06%	0.18%	0.06%
WAL	B	0.02%	0.07%	0.02%
WBS	A	0.03%	0.07%	0.03%
WCC	B	0.02%	0.07%	0.02%
WDC	D	0.05%	0.15%	0.05%
WEC	A	0.08%	0.21%	0.08%
WELL	A	0.2%	0.57%	0.2%
WEX	D	0.02%	0.05%	0.02%
WING	D	0.03%	0.07%	0.03%
WM	B	0.21%	0.61%	0.21%
WMS	F	0.03%	0.07%	0.03%
WPC	C	0.03%	0.09%	0.03%
WRB	A	0.05%	0.16%	0.05%
WSC	F	0.02%	0.05%	0.02%
WSM	C	0.03%	0.11%	0.03%
WSO	A	0.05%	0.15%	0.05%
WST	C	0.05%	0.17%	0.05%
WTFC	A	0.02%	0.06%	0.02%
WTRG	B	0.03%	0.07%	0.03%
WTS	B	0.02%	0.05%	0.02%
WY	F	0.04%	0.15%	0.04%
XPO	B	0.04%	0.13%	0.04%
YUM	D	0.11%	0.25%	0.11%
ZION	B	0.02%	0.06%	0.02%
ZS	B	0.04%	0.22%	0.04%

CVLC Overweight 409 Positions Relative to PTL

Symbol	Grade	Weight
AAPL	C	6.44%
NVDA	B	6.33%
MSFT	D	5.74%
GOOGL	C	3.68%
AMZN	C	3.65%
TSLA	B	1.86%
JPM	A	1.44%
LLY	F	1.28%
UNH	B	1.15%
V	A	1.09%
MA	B	0.91%
PG	C	0.8%
COST	A	0.8%
NFLX	A	0.75%
BAC	A	0.75%
WMT	A	0.73%
ABBV	F	0.66%
CRM	B	0.64%
ORCL	A	0.63%
WFC	A	0.63%
KO	D	0.56%
MRK	D	0.55%
PEP	F	0.53%
GE	D	0.5%
CSCO	B	0.49%
ACN	B	0.47%
ADBE	C	0.47%
AMD	F	0.46%
GS	A	0.46%
DIS	B	0.46%
ABT	B	0.45%
NOW	A	0.44%
TMO	F	0.44%
INTU	B	0.4%
IBM	C	0.4%
ETN	A	0.4%
AXP	A	0.4%
TXN	C	0.39%
BLK	B	0.38%
VZ	C	0.37%
CMCSA	B	0.35%
SPGI	C	0.35%
BKNG	A	0.35%
UNP	C	0.34%
DHR	F	0.34%
AMGN	F	0.34%
T	A	0.34%
C	A	0.33%
PFE	F	0.32%
BX	A	0.32%
SBUX	A	0.31%
UBER	F	0.31%
SYK	B	0.31%
SCHW	B	0.3%
BSX	A	0.29%
AMAT	F	0.29%
DE	B	0.28%
VRTX	D	0.27%
TJX	A	0.27%
MMC	B	0.27%
FI	A	0.26%
BMY	B	0.26%
TT	A	0.26%
TMUS	B	0.25%
GILD	C	0.25%
KKR	A	0.25%
MDT	D	0.25%
MDLZ	F	0.24%
ITW	B	0.23%
MU	D	0.23%
CMG	B	0.23%
ADI	D	0.22%
INTC	C	0.22%
AMT	C	0.22%
EQIX	A	0.21%
APD	A	0.2%
AON	A	0.2%
CI	D	0.2%
CME	B	0.2%
PNC	B	0.2%
PYPL	B	0.19%
LRCX	F	0.19%
USB	A	0.19%
CARR	C	0.18%
ZTS	D	0.18%
NKE	F	0.18%
APO	B	0.17%
MCO	B	0.17%
CDNS	B	0.17%
MSI	B	0.17%
COF	C	0.17%
ECL	D	0.17%
JCI	B	0.16%
CRWD	B	0.16%
MAR	A	0.15%
BDX	F	0.15%
TRV	B	0.15%
CVS	D	0.15%
GM	C	0.15%
CL	D	0.15%
TFC	A	0.15%
ADSK	A	0.14%
CMI	A	0.14%
AMP	A	0.14%
TGT	F	0.14%
AJG	A	0.14%
SRE	A	0.14%
BK	A	0.14%
ALL	A	0.13%
HLT	A	0.13%
WDAY	B	0.12%
KR	B	0.12%
D	C	0.12%
ABNB	C	0.12%
O	C	0.12%
AXON	A	0.12%
MET	A	0.12%
DFS	B	0.11%
PRU	A	0.11%
WAB	B	0.1%
CBRE	B	0.1%
SQ	A	0.1%
GIS	D	0.1%
FIS	C	0.1%
F	C	0.1%
GWW	B	0.1%
HIG	B	0.09%
IT	C	0.09%
MTB	A	0.09%
KMB	C	0.09%
ROK	C	0.09%
ROST	D	0.09%
ACGL	C	0.09%
XEL	A	0.09%
KDP	F	0.09%
GLW	B	0.08%
ARES	A	0.08%
HEI	A	0.08%
KHC	F	0.08%
FITB	B	0.08%
WTW	B	0.08%
DELL	B	0.08%
TEAM	A	0.08%
AVB	B	0.08%
CHTR	C	0.08%
PPG	F	0.08%
NDAQ	A	0.08%
CTSH	B	0.08%
EA	A	0.08%
A	D	0.08%
XYL	D	0.08%
CNC	D	0.07%
ALNY	D	0.07%
LULU	C	0.07%
STT	B	0.07%
HUBS	A	0.07%
IRM	C	0.07%
HSY	F	0.07%
FTV	C	0.07%
SW	A	0.07%
RJF	A	0.07%
HUM	C	0.07%
HPQ	B	0.07%
DRI	B	0.06%
BR	A	0.06%
HPE	B	0.06%
LPLA	A	0.06%
EBAY	D	0.06%
K	A	0.06%
TDY	B	0.06%
HBAN	A	0.06%
SYF	B	0.06%
TROW	B	0.06%
ZM	C	0.05%
WAT	C	0.05%
PTC	B	0.05%
WBD	B	0.05%
ILMN	C	0.05%
PNR	A	0.05%
PFG	D	0.05%
ZBH	C	0.05%
BALL	F	0.05%
CFG	B	0.05%
BIIB	F	0.05%
NTRS	A	0.05%
CHD	A	0.05%
RBLX	C	0.05%
PINS	F	0.04%
TWLO	A	0.04%
SOFI	B	0.04%
BBY	D	0.04%
SWK	D	0.04%
CMC	B	0.04%
EQH	C	0.04%
LNT	A	0.04%
EG	C	0.04%
DGX	A	0.04%
KIM	A	0.04%
FDS	B	0.04%
TRU	D	0.04%
AMCR	C	0.04%
CLX	A	0.04%
OMC	C	0.04%
ZBRA	B	0.04%
BAH	F	0.04%
DPZ	C	0.04%
STX	C	0.04%
AVY	F	0.04%
LYV	A	0.04%
KEY	B	0.04%
INGR	C	0.03%
CG	B	0.03%
TPR	B	0.03%
WWD	C	0.03%
BMRN	F	0.03%
AKAM	D	0.03%
ARMK	B	0.03%
MRNA	F	0.03%
EL	F	0.03%
JLL	D	0.03%
AVTR	F	0.03%
Z	A	0.03%
PSTG	D	0.03%
SJM	D	0.03%
RNR	C	0.03%
EMN	C	0.03%
VRSN	C	0.03%
APTV	F	0.03%
UNM	A	0.03%
NVT	B	0.03%
BURL	B	0.03%
ALLE	C	0.03%
ULTA	F	0.03%
ACM	B	0.03%
FSS	B	0.02%
MOD	A	0.02%
SMAR	B	0.02%
BEN	C	0.02%
IDA	A	0.02%
CVLT	B	0.02%
GXO	B	0.02%
MTG	C	0.02%
RHP	B	0.02%
SKX	D	0.02%
RL	C	0.02%
ALK	B	0.02%
BCPC	B	0.02%
HAS	D	0.02%
R	B	0.02%
OMF	A	0.02%
CBT	D	0.02%
LFUS	D	0.02%
WH	B	0.02%
AXS	A	0.02%
ONB	C	0.02%
NOVT	D	0.02%
BPOP	C	0.02%
MOG.A	B	0.02%
CADE	B	0.02%
RIVN	F	0.02%
SNX	D	0.02%
ESI	B	0.02%
BMI	B	0.02%
BILL	A	0.02%
HRB	D	0.02%
ROKU	D	0.02%
JXN	C	0.02%
ALV	C	0.02%
NYT	D	0.02%
VMI	B	0.02%
FMC	D	0.02%
DAR	C	0.02%
HSIC	C	0.02%
IVZ	B	0.02%
OSK	C	0.02%
SNV	C	0.02%
ESAB	C	0.02%
VOYA	B	0.02%
GTLS	A	0.02%
LKQ	F	0.02%
EXAS	D	0.02%
TFX	F	0.02%
MORN	B	0.02%
SRPT	F	0.02%
CRL	D	0.02%
FLS	B	0.02%
DKS	D	0.02%
AAL	B	0.02%
CBSH	B	0.02%
CMA	B	0.02%
CE	F	0.02%
IPG	D	0.02%
SNAP	D	0.02%
MOS	F	0.02%
CTLT	C	0.02%
TECH	F	0.02%
DAY	B	0.02%
HRL	D	0.02%
AES	F	0.02%
LBRDK	C	0.02%
DUOL	A	0.02%
ALLY	C	0.02%
CNH	C	0.02%
COTY	F	0.01%
ALGM	D	0.01%
COLM	C	0.01%
APLS	F	0.01%
CWEN	C	0.01%
ZI	D	0.01%
TNET	F	0.01%
PFSI	C	0.01%
CACC	D	0.01%
MSM	C	0.01%
BBIO	F	0.01%
CDP	C	0.01%
XRAY	F	0.01%
OPCH	D	0.01%
SIG	B	0.01%
NSIT	F	0.01%
M	F	0.01%
CHH	A	0.01%
OGN	F	0.01%
BCO	F	0.01%
ATKR	D	0.01%
CWAN	B	0.01%
EEFT	B	0.01%
FIVE	F	0.01%
AVT	C	0.01%
RH	C	0.01%
PSN	D	0.01%
WMG	D	0.01%
LANC	C	0.01%
ABG	C	0.01%
TENB	C	0.01%
HOG	D	0.01%
IONS	F	0.01%
ASH	F	0.01%
MMS	F	0.01%
BCC	B	0.01%
EXPO	D	0.01%
NXST	C	0.01%
CROX	D	0.01%
QLYS	B	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%
RMBS	B	0.01%
FELE	B	0.01%
VRNS	D	0.01%
POR	C	0.01%
WTM	A	0.01%
WHR	B	0.01%
FLO	D	0.01%
BECN	B	0.01%
VNT	C	0.01%
BPMC	B	0.01%
SLGN	A	0.01%
MAT	D	0.01%
UGI	C	0.01%
DOCS	C	0.01%
LEA	F	0.01%
RDN	D	0.01%
DY	D	0.01%
HALO	F	0.01%
OZK	B	0.01%
SLM	A	0.01%
AZEK	A	0.01%
MMSI	A	0.01%
ELF	C	0.01%
THO	B	0.01%
AWI	A	0.01%
LYFT	C	0.01%
TPG	A	0.01%
ST	F	0.01%
TKR	D	0.01%
NFG	A	0.01%
DBX	B	0.01%
AMG	B	0.01%
KD	B	0.01%
HXL	F	0.01%
BBWI	C	0.01%
SON	F	0.01%
KBH	D	0.01%
EPRT	B	0.01%
HOMB	A	0.01%
FAF	A	0.01%
AL	B	0.01%
KRG	B	0.01%
JHG	B	0.01%
ITRI	C	0.01%
THG	A	0.01%
ANF	F	0.01%
SEE	C	0.01%
FNB	A	0.01%
BC	C	0.01%
EXLS	B	0.01%
PARA	C	0.01%
CWST	A	0.01%
COOP	B	0.01%
H	B	0.01%
VFC	C	0.01%
SIGI	C	0.01%
LNC	C	0.01%
GATX	A	0.01%
LEVI	F	0.0%

CVLC Underweight 119 Positions Relative to PTL

Symbol	Grade	Weight
XOM	B	-3.7%
PLTR	B	-0.93%
EOG	A	-0.54%
SCCO	F	-0.51%
CSX	C	-0.49%
SLB	C	-0.45%
OKE	A	-0.45%
NSC	B	-0.43%
MSTR	B	-0.43%
KMI	A	-0.41%
FCX	F	-0.4%
FANG	C	-0.39%
LNG	A	-0.34%
COR	B	-0.34%
NEM	D	-0.33%
TRGP	A	-0.31%
PCG	A	-0.31%
VLO	C	-0.31%
CPNG	D	-0.3%
MLM	C	-0.26%
VST	A	-0.26%
TPL	A	-0.23%
RKT	F	-0.22%
ETR	B	-0.21%
IOT	A	-0.2%
LYB	F	-0.19%
HAL	C	-0.19%
ADM	D	-0.18%
CPAY	A	-0.18%
DVN	F	-0.17%
TSN	B	-0.16%
FE	C	-0.16%
GFS	C	-0.16%
INVH	D	-0.15%
BLDR	D	-0.15%
ERIE	D	-0.15%
MKL	A	-0.15%
ATO	A	-0.15%
TKO	A	-0.14%
UI	B	-0.14%
IP	A	-0.14%
L	A	-0.13%
CTRA	B	-0.13%
CNP	A	-0.13%
MRO	B	-0.12%
SMMT	D	-0.12%
NWSA	A	-0.12%
CRBG	B	-0.12%
J	D	-0.12%
RPM	A	-0.12%
THC	D	-0.11%
WLK	D	-0.11%
BSY	F	-0.11%
SN	D	-0.1%
AMH	C	-0.1%
UHS	D	-0.1%
FLEX	B	-0.1%
CF	A	-0.1%
INSM	C	-0.09%
PCVX	D	-0.09%
PR	B	-0.09%
SOLV	D	-0.09%
UHAL	D	-0.09%
EDR	A	-0.09%
MUSA	B	-0.08%
LBRDA	C	-0.08%
ALB	B	-0.08%
PPC	C	-0.08%
OVV	B	-0.08%
CACI	D	-0.08%
DTM	A	-0.07%
AA	A	-0.07%
ITCI	C	-0.07%
UWMC	D	-0.07%
CR	A	-0.07%
RVMD	C	-0.07%
GTLB	B	-0.07%
PCOR	B	-0.07%
PNW	A	-0.07%
BWXT	B	-0.07%
AAON	B	-0.07%
GNRC	C	-0.07%
EXP	B	-0.07%
RRC	B	-0.06%
FLR	B	-0.06%
HESM	B	-0.06%
CHRD	D	-0.06%
APA	D	-0.06%
FYBR	C	-0.06%
CRS	B	-0.06%
OGE	A	-0.06%
DINO	D	-0.06%
EGP	D	-0.06%
MTSI	B	-0.06%
ROIV	C	-0.06%
KNTK	A	-0.06%
KBR	F	-0.06%
RBC	A	-0.06%
AR	B	-0.06%
RGLD	C	-0.06%
NUVL	C	-0.05%
AMKR	D	-0.05%
U	C	-0.05%
GNTX	C	-0.05%
NPAB	F	-0.05%
VKTX	F	-0.05%
WFRD	D	-0.05%
PATH	C	-0.05%
AM	A	-0.05%
INFA	D	-0.05%
ADC	A	-0.05%
AUR	C	-0.05%
KEX	B	-0.05%
RLI	A	-0.05%
LCID	F	-0.04%
LNTH	D	-0.04%
POST	C	-0.04%
SATS	D	-0.04%
ACHC	F	-0.03%