CVLC vs. USSG ETF Comparison

Comparison of Calvert US Large-Cap Core Responsible Index ETF (CVLC) to Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)

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

USSG

Xtrackers MSCI USA ESG Leaders Equity ETF

USSG Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA ESG Leaders Index (the underlying index). The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is a capitalization weighted index that provides exposure to companies with high ESG performance relative to their sector peers. The fund uses a full replication indexing strategy to seek to track the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$55.44

Average Daily Volume

121,389

Number of Holdings ^*

289

* may have additional holdings in another (foreign) market

Performance

Period	CVLC	USSG
30 Days	4.12%	3.18%
60 Days	5.53%	4.88%
90 Days	7.26%	6.09%
12 Months	33.80%	32.54%

256 Overlapping Holdings

	Symbol	Grade	Weight in CVLC	Weight in USSG	Overlap
	A	D	0.08%	0.14%	0.08%
	ACGL	D	0.09%	0.13%	0.09%
	ACI	C	0.02%	0.02%	0.02%
	ACN	C	0.47%	0.81%	0.47%
	ADBE	C	0.47%	0.8%	0.47%
	ADP	B	0.26%	0.44%	0.26%
	ADSK	A	0.14%	0.24%	0.14%
	AFL	B	0.14%	0.22%	0.14%
	AKAM	D	0.03%	0.05%	0.03%
	ALGN	D	0.04%	0.06%	0.04%
	ALL	A	0.13%	0.19%	0.13%
	ALLE	D	0.03%	0.04%	0.03%
	ALLY	C	0.02%	0.04%	0.02%
	AMAT	F	0.29%	0.51%	0.29%
	AMD	F	0.46%	0.8%	0.46%
	AMGN	D	0.34%	0.56%	0.34%
	AMP	A	0.14%	0.21%	0.14%
	AMT	D	0.22%	0.34%	0.22%
	ANSS	B	0.06%	0.11%	0.06%
	APD	A	0.2%	0.26%	0.2%
	APTV	D	0.03%	0.05%	0.03%
	AVTR	F	0.03%	0.05%	0.03%
	AVY	D	0.04%	0.05%	0.04%
	AWK	D	0.06%	0.1%	0.06%
	AXON	A	0.12%	0.16%	0.12%
	AXP	A	0.4%	0.6%	0.4%
	AZO	C	0.11%	0.19%	0.11%
	BALL	D	0.05%	0.07%	0.05%
	BBWI	D	0.01%	0.02%	0.01%
	BBY	D	0.04%	0.06%	0.04%
	BEN	C	0.02%	0.02%	0.02%
	BG	F	0.04%	0.04%	0.04%
	BIIB	F	0.05%	0.08%	0.05%
	BK	A	0.14%	0.21%	0.14%
	BKNG	A	0.35%	0.62%	0.35%
	BKR	B	0.24%	0.16%	0.16%
	BLK	C	0.38%	0.55%	0.38%
	BMY	B	0.26%	0.42%	0.26%
	BR	A	0.06%	0.09%	0.06%
	BURL	A	0.03%	0.06%	0.03%
	BXP	D	0.03%	0.04%	0.03%
	CAG	D	0.04%	0.05%	0.04%
	CARR	D	0.18%	0.22%	0.18%
	CAT	B	0.5%	0.67%	0.5%
	CBOE	B	0.05%	0.08%	0.05%
	CBRE	B	0.1%	0.14%	0.1%
	CCI	D	0.11%	0.16%	0.11%
	CDNS	B	0.17%	0.3%	0.17%
	CFG	B	0.05%	0.08%	0.05%
	CHD	B	0.05%	0.1%	0.05%
	CHRW	C	0.03%	0.04%	0.03%
	CHTR	C	0.08%	0.13%	0.08%
	CI	F	0.2%	0.33%	0.2%
	CL	D	0.15%	0.26%	0.15%
	CLX	B	0.04%	0.07%	0.04%
	CMCSA	B	0.35%	0.61%	0.35%
	CMI	A	0.14%	0.18%	0.14%
	CMS	C	0.05%	0.07%	0.05%
	CNH	C	0.02%	0.03%	0.02%
	COF	B	0.17%	0.25%	0.17%
	CPB	D	0.02%	0.03%	0.02%
	CRM	B	0.64%	1.14%	0.64%
	CTAS	B	0.15%	0.29%	0.15%
	CTLT	B	0.02%	0.04%	0.02%
	DAL	C	0.1%	0.04%	0.04%
	DAY	B	0.02%	0.04%	0.02%
	DE	A	0.28%	0.38%	0.28%
	DECK	A	0.05%	0.1%	0.05%
	DFS	B	0.11%	0.16%	0.11%
	DGX	A	0.04%	0.06%	0.04%
	DHI	D	0.11%	0.17%	0.11%
	DHR	F	0.34%	0.56%	0.34%
	DIS	B	0.46%	0.76%	0.46%
	DKS	C	0.02%	0.04%	0.02%
	DLR	B	0.14%	0.22%	0.14%
	DOC	D	0.04%	0.05%	0.04%
	DOCU	A	0.03%	0.06%	0.03%
	DOV	A	0.08%	0.1%	0.08%
	DPZ	C	0.04%	0.05%	0.04%
	DRI	B	0.06%	0.07%	0.06%
	DVA	B	0.02%	0.03%	0.02%
	DXCM	D	0.07%	0.11%	0.07%
	EA	A	0.08%	0.15%	0.08%
	EBAY	D	0.06%	0.11%	0.06%
	ECL	D	0.17%	0.22%	0.17%
	ED	D	0.08%	0.12%	0.08%
	ELV	F	0.21%	0.33%	0.21%
	EME	C	0.06%	0.08%	0.06%
	ENPH	F	0.02%	0.03%	0.02%
	EQH	B	0.04%	0.05%	0.04%
	EQIX	A	0.21%	0.31%	0.21%
	ES	D	0.05%	0.08%	0.05%
	ETN	A	0.4%	0.52%	0.4%
	EW	C	0.09%	0.15%	0.09%
	EXC	C	0.1%	0.14%	0.1%
	EXPD	D	0.04%	0.06%	0.04%
	FBIN	D	0.02%	0.03%	0.02%
	FDS	B	0.04%	0.06%	0.04%
	FI	A	0.26%	0.47%	0.26%
	FICO	B	0.12%	0.21%	0.12%
	FIS	C	0.1%	0.17%	0.1%
	FSLR	F	0.04%	0.07%	0.04%
	FTV	C	0.07%	0.1%	0.07%
	GE	D	0.5%	0.7%	0.5%
	GEHC	F	0.08%	0.13%	0.08%
	GEN	B	0.03%	0.06%	0.03%
	GGG	B	0.04%	0.06%	0.04%
	GILD	C	0.25%	0.4%	0.25%
	GIS	D	0.1%	0.13%	0.1%
	GOOGL	C	3.68%	3.73%	3.68%
	GPC	D	0.03%	0.06%	0.03%
	GWW	B	0.1%	0.19%	0.1%
	HBAN	A	0.06%	0.09%	0.06%
	HD	A	0.81%	1.43%	0.81%
	HIG	B	0.09%	0.13%	0.09%
	HLT	A	0.13%	0.23%	0.13%
	HOLX	D	0.04%	0.07%	0.04%
	HPE	B	0.06%	0.1%	0.06%
	HPQ	B	0.07%	0.13%	0.07%
	HRL	D	0.02%	0.03%	0.02%
	HSIC	B	0.02%	0.03%	0.02%
	HUBS	A	0.07%	0.12%	0.07%
	HUM	C	0.07%	0.13%	0.07%
	IBM	C	0.4%	0.71%	0.4%
	ICE	C	0.22%	0.32%	0.22%
	IDXX	F	0.08%	0.13%	0.08%
	IEX	B	0.05%	0.06%	0.05%
	IFF	D	0.06%	0.08%	0.06%
	INTC	D	0.22%	0.37%	0.22%
	INTU	C	0.4%	0.66%	0.4%
	IPG	D	0.02%	0.04%	0.02%
	IQV	D	0.08%	0.13%	0.08%
	IR	B	0.12%	0.15%	0.12%
	IRM	D	0.07%	0.13%	0.07%
	IT	C	0.09%	0.15%	0.09%
	ITW	B	0.23%	0.29%	0.23%
	JBHT	C	0.04%	0.05%	0.04%
	JCI	C	0.16%	0.2%	0.16%
	JNPR	F	0.03%	0.04%	0.03%
	K	A	0.06%	0.08%	0.06%
	KDP	D	0.09%	0.13%	0.09%
	KEY	B	0.04%	0.06%	0.04%
	KEYS	A	0.07%	0.1%	0.07%
	KMB	D	0.09%	0.17%	0.09%
	KMX	B	0.02%	0.04%	0.02%
	KNX	B	0.02%	0.03%	0.02%
	KO	D	0.56%	0.93%	0.56%
	KR	B	0.12%	0.14%	0.12%
	LH	C	0.04%	0.07%	0.04%
	LII	A	0.05%	0.07%	0.05%
	LIN	D	0.52%	0.78%	0.52%
	LKQ	D	0.02%	0.04%	0.02%
	LLY	F	1.28%	2.2%	1.28%
	LOW	D	0.31%	0.54%	0.31%
	LPLA	A	0.06%	0.08%	0.06%
	LRCX	F	0.19%	0.33%	0.19%
	LULU	C	0.07%	0.13%	0.07%
	LW	C	0.03%	0.04%	0.03%
	MA	C	0.91%	1.54%	0.91%
	MANH	D	0.04%	0.06%	0.04%
	MCO	B	0.17%	0.28%	0.17%
	MKC	D	0.06%	0.07%	0.06%
	MKTX	D	0.02%	0.04%	0.02%
	MMC	B	0.27%	0.39%	0.27%
	MOH	F	0.04%	0.06%	0.04%
	MRK	F	0.55%	0.89%	0.55%
	MRVL	B	0.16%	0.28%	0.16%
	MSFT	F	5.74%	10.59%	5.74%
	MTD	D	0.06%	0.09%	0.06%
	NBIX	C	0.03%	0.04%	0.03%
	NDAQ	A	0.08%	0.13%	0.08%
	NI	A	0.04%	0.06%	0.04%
	NKE	D	0.18%	0.32%	0.18%
	NOW	A	0.44%	0.75%	0.44%
	NRG	B	0.05%	0.07%	0.05%
	NTAP	C	0.05%	0.09%	0.05%
	NTRS	A	0.05%	0.08%	0.05%
	NUE	C	0.19%	0.13%	0.13%
	NVDA	C	6.33%	12.95%	6.33%
	NVR	D	0.07%	0.12%	0.07%
	OC	A	0.09%	0.06%	0.06%
	ODFL	B	0.1%	0.15%	0.1%
	OMC	C	0.04%	0.07%	0.04%
	ORLY	B	0.14%	0.25%	0.14%
	PANW	C	0.26%	0.46%	0.26%
	PAYX	C	0.1%	0.17%	0.1%
	PEP	F	0.53%	0.79%	0.53%
	PFG	D	0.05%	0.07%	0.05%
	PG	A	0.8%	1.46%	0.8%
	PGR	A	0.37%	0.54%	0.37%
	PHM	D	0.06%	0.1%	0.06%
	PLD	D	0.26%	0.38%	0.26%
	PNC	B	0.2%	0.29%	0.2%
	PNR	A	0.05%	0.06%	0.05%
	PODD	C	0.04%	0.07%	0.04%
	POOL	C	0.03%	0.05%	0.03%
	PPG	F	0.08%	0.1%	0.08%
	PRU	A	0.11%	0.16%	0.11%
	PTC	A	0.05%	0.09%	0.05%
	PWR	A	0.12%	0.18%	0.12%
	PYPL	B	0.19%	0.3%	0.19%
	RF	A	0.06%	0.09%	0.06%
	RIVN	F	0.02%	0.02%	0.02%
	RJF	A	0.07%	0.12%	0.07%
	ROK	B	0.09%	0.12%	0.09%
	SBAC	D	0.06%	0.08%	0.06%
	SCHW	B	0.3%	0.44%	0.3%
	SJM	D	0.03%	0.04%	0.03%
	SNPS	B	0.17%	0.3%	0.17%
	SPGI	C	0.35%	0.58%	0.35%
	SRE	A	0.14%	0.21%	0.14%
	STE	F	0.05%	0.08%	0.05%
	STLD	B	0.11%	0.08%	0.08%
	STT	A	0.07%	0.1%	0.07%
	STX	D	0.04%	0.07%	0.04%
	SW	A	0.07%	0.1%	0.07%
	SYF	B	0.06%	0.09%	0.06%
	TEAM	A	0.08%	0.14%	0.08%
	TECH	D	0.02%	0.04%	0.02%
	TFC	A	0.15%	0.22%	0.15%
	TFX	F	0.02%	0.03%	0.02%
	TGT	F	0.14%	0.2%	0.14%
	TJX	A	0.27%	0.49%	0.27%
	TRMB	B	0.05%	0.06%	0.05%
	TROW	B	0.06%	0.09%	0.06%
	TRU	D	0.04%	0.07%	0.04%
	TRV	B	0.15%	0.21%	0.15%
	TSCO	D	0.06%	0.1%	0.06%
	TSLA	B	1.86%	3.54%	1.86%
	TT	A	0.26%	0.34%	0.26%
	TTC	D	0.02%	0.03%	0.02%
	TTWO	A	0.06%	0.11%	0.06%
	TWLO	A	0.04%	0.06%	0.04%
	TXN	C	0.39%	0.65%	0.39%
	ULTA	F	0.03%	0.06%	0.03%
	UNP	C	0.34%	0.51%	0.34%
	UPS	C	0.23%	0.34%	0.23%
	URI	B	0.15%	0.2%	0.15%
	USB	A	0.19%	0.29%	0.19%
	V	A	1.09%	1.75%	1.09%
	VLTO	D	0.05%	0.09%	0.05%
	VZ	C	0.37%	0.64%	0.37%
	WAT	B	0.05%	0.08%	0.05%
	WDAY	B	0.12%	0.2%	0.12%
	WDC	D	0.05%	0.07%	0.05%
	WELL	A	0.2%	0.3%	0.2%
	WSM	B	0.03%	0.08%	0.03%
	WST	C	0.05%	0.08%	0.05%
	WTRG	B	0.03%	0.04%	0.03%
	WTW	B	0.08%	0.11%	0.08%
	WY	D	0.04%	0.08%	0.04%
	XYL	D	0.08%	0.11%	0.08%
	YUM	B	0.11%	0.13%	0.11%
	ZBH	C	0.05%	0.08%	0.05%
	ZS	C	0.04%	0.07%	0.04%
	ZTS	D	0.18%	0.29%	0.18%

CVLC Overweight 512 Positions Relative to USSG

	Symbol	Grade	Weight
	AAPL	C	6.44%
	AMZN	C	3.65%
	AVGO	D	1.53%
	JPM	A	1.44%
	UNH	C	1.15%
	COST	B	0.8%
	NFLX	A	0.75%
	BAC	A	0.75%
	WMT	A	0.73%
	ABBV	D	0.66%
	ORCL	B	0.63%
	WFC	A	0.63%
	CSCO	B	0.49%
	GS	A	0.46%
	ABT	B	0.45%
	TMO	F	0.44%
	ISRG	A	0.42%
	QCOM	F	0.38%
	NEE	D	0.38%
	T	A	0.34%
	C	A	0.33%
	PFE	D	0.32%
	BX	A	0.32%
	SBUX	A	0.31%
	UBER	D	0.31%
	SYK	C	0.31%
	BSX	B	0.29%
	VRTX	F	0.27%
	TMUS	B	0.25%
	SHW	A	0.25%
	KKR	A	0.25%
	PH	A	0.25%
	MDT	D	0.25%
	APH	A	0.24%
	MDLZ	F	0.24%
	MU	D	0.23%
	CMG	B	0.23%
	ADI	D	0.22%
	GEV	B	0.22%
	WM	A	0.21%
	AON	A	0.2%
	CME	A	0.2%
	VMC	B	0.2%
	EMR	A	0.2%
	ANET	C	0.2%
	KLAC	D	0.18%
	REGN	F	0.18%
	OXY	D	0.18%
	APO	B	0.17%
	CEG	D	0.17%
	MSI	B	0.17%
	FDX	B	0.16%
	PCAR	B	0.16%
	CRWD	B	0.16%
	COIN	C	0.15%
	MAR	B	0.15%
	BDX	F	0.15%
	CVS	D	0.15%
	GM	B	0.15%
	AJG	B	0.14%
	SPG	B	0.14%
	AME	A	0.13%
	FTNT	C	0.13%
	PSA	D	0.13%
	APP	B	0.12%
	D	C	0.12%
	ABNB	C	0.12%
	O	D	0.12%
	AIG	B	0.12%
	MET	A	0.12%
	ROP	B	0.12%
	VRT	B	0.12%
	MNST	C	0.11%
	PEG	A	0.11%
	CPRT	A	0.11%
	TTD	B	0.11%
	OTIS	C	0.11%
	CSL	C	0.11%
	WAB	B	0.1%
	SQ	B	0.1%
	MSCI	C	0.1%
	LEN	D	0.1%
	F	C	0.1%
	RSG	A	0.1%
	SYY	B	0.1%
	MTB	A	0.09%
	VRSK	A	0.09%
	KVUE	A	0.09%
	ROST	C	0.09%
	FAST	B	0.09%
	RS	B	0.09%
	XEL	A	0.09%
	WEC	A	0.08%
	GLW	B	0.08%
	ARES	A	0.08%
	RMD	C	0.08%
	HEI	B	0.08%
	KHC	F	0.08%
	DDOG	A	0.08%
	FITB	A	0.08%
	DELL	C	0.08%
	AVB	B	0.08%
	CTSH	B	0.08%
	SNOW	C	0.08%
	EXR	D	0.08%
	FCNCA	A	0.07%
	HUBB	B	0.07%
	VEEV	C	0.07%
	EQR	B	0.07%
	CNC	D	0.07%
	ALNY	D	0.07%
	EFX	F	0.07%
	MCHP	D	0.07%
	HSY	F	0.07%
	NET	B	0.06%
	MPWR	F	0.06%
	BRO	B	0.06%
	CINF	A	0.06%
	PKG	A	0.06%
	ON	D	0.06%
	AEE	A	0.06%
	DTE	C	0.06%
	TDY	B	0.06%
	VTR	C	0.06%
	CSGP	D	0.06%
	ZM	B	0.05%
	WRB	A	0.05%
	ESS	B	0.05%
	IBKR	A	0.05%
	WBD	C	0.05%
	ILMN	D	0.05%
	CDW	F	0.05%
	WSO	A	0.05%
	SNA	A	0.05%
	CVNA	B	0.05%
	TYL	B	0.05%
	RBLX	C	0.05%
	EWBC	A	0.04%
	EVRG	A	0.04%
	COHR	B	0.04%
	UDR	B	0.04%
	PINS	D	0.04%
	UTHR	C	0.04%
	PFGC	B	0.04%
	SOFI	A	0.04%
	BAX	D	0.04%
	SWK	D	0.04%
	TW	A	0.04%
	TXRH	C	0.04%
	CMC	B	0.04%
	TOL	B	0.04%
	SUI	D	0.04%
	RGA	A	0.04%
	ATI	D	0.04%
	LNT	A	0.04%
	FIX	A	0.04%
	CW	B	0.04%
	NDSN	B	0.04%
	XPO	B	0.04%
	EG	C	0.04%
	SFM	A	0.04%
	KIM	A	0.04%
	AMCR	D	0.04%
	ZBRA	B	0.04%
	CASY	A	0.04%
	MDB	C	0.04%
	BAH	F	0.04%
	LYV	A	0.04%
	USFD	A	0.04%
	ARE	D	0.04%
	MAA	B	0.04%
	OHI	C	0.03%
	WBS	A	0.03%
	BLD	D	0.03%
	KNSL	B	0.03%
	WMS	D	0.03%
	DCI	B	0.03%
	INGR	B	0.03%
	CG	A	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%
	JKHY	D	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%
	DLTR	F	0.03%
	ARMK	B	0.03%
	AYI	B	0.03%
	ALSN	B	0.03%
	SWKS	F	0.03%
	SF	B	0.03%
	MRNA	F	0.03%
	AIT	A	0.03%
	DT	C	0.03%
	HST	C	0.03%
	FFIV	B	0.03%
	WPC	D	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%
	RVTY	F	0.03%
	CLH	B	0.03%
	CPT	B	0.03%
	ATR	B	0.03%
	OWL	A	0.03%
	ELS	C	0.03%
	ENTG	D	0.03%
	Z	A	0.03%
	PSTG	D	0.03%
	LECO	B	0.03%
	RRX	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%
	DG	F	0.03%
	GWRE	A	0.03%
	UNM	A	0.03%
	NVT	B	0.03%
	NTNX	A	0.03%
	TOST	B	0.03%
	MAS	D	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%
	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%
	FR	C	0.02%
	BPOP	B	0.02%
	MOG.A	B	0.02%
	CADE	B	0.02%
	RYAN	B	0.02%
	TMHC	B	0.02%
	SNX	C	0.02%
	ESI	A	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%
	TPX	B	0.02%
	PCTY	B	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%
	LAD	A	0.02%
	IVZ	B	0.02%
	OSK	B	0.02%
	SNV	B	0.02%
	ESAB	B	0.02%
	SMCI	F	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%
	PEN	B	0.02%
	EXAS	D	0.02%
	DOX	D	0.02%
	CIEN	B	0.02%
	MIDD	C	0.02%
	MTZ	B	0.02%
	MORN	B	0.02%
	GMED	A	0.02%
	CFR	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%
	ZION	B	0.02%
	CRL	C	0.02%
	EXEL	B	0.02%
	FND	C	0.02%
	FLS	B	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%
	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%
	GL	B	0.02%
	AES	F	0.02%
	LBRDK	C	0.02%
	HLI	B	0.02%
	AOS	F	0.02%
	WAL	B	0.02%
	DUOL	A	0.02%
	AXTA	A	0.02%
	OKTA	C	0.02%
	AFG	A	0.02%
	PRI	A	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%
	CACC	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%
	LANC	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%
	QLYS	C	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%
	BRKR	D	0.01%
	WTM	A	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%
	AWI	A	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%
	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%
	MTN	C	0.01%
	LSCC	D	0.01%
	JHG	A	0.01%
	GME	C	0.01%
	ITRI	B	0.01%
	STWD	C	0.01%
	THG	A	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%
	CWST	A	0.01%
	TREX	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 33 Positions Relative to USSG

	Symbol	Grade	Weight
	GOOG	C	-3.23%
	JNJ	D	-1.33%
	MCD	D	-0.76%
	MS	A	-0.58%
	MELI	D	-0.31%
	WMB	A	-0.26%
	MMM	D	-0.25%
	OKE	A	-0.24%
	HCA	F	-0.24%
	CSX	B	-0.24%
	SLB	C	-0.22%
	MPC	D	-0.21%
	NXPI	D	-0.2%
	PSX	C	-0.2%
	RCL	A	-0.2%
	DASH	A	-0.19%
	NEM	D	-0.18%
	LNG	B	-0.18%
	VLO	C	-0.17%
	COR	B	-0.16%
	TRGP	B	-0.15%
	MLM	B	-0.13%
	EIX	B	-0.12%
	HAL	C	-0.1%
	LYB	F	-0.08%
	ATO	A	-0.08%
	IP	B	-0.07%
	AIZ	A	-0.05%
	SOLV	C	-0.04%
	FOXA	B	-0.04%
	WBA	F	-0.02%
	FOX	A	-0.02%
	DINO	D	-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

USSG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Specialty Retail Diagnostics & Research Business Services Capital Markets Packaged Foods Asset Management Banks - Regional - US Credit Services Drug Manufacturers - Major Semiconductors Specialty Chemicals Household & Personal Products Health Care Plans Insurance - Diversified Integrated Shipping & Logistics Medical Devices Medical Instruments & Supplies Oil & Gas Midstream

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Insurance Natural Gas Chemical Bank Banking Medicine Beverage Electronics Investment Bank Mining Telecommunications Cloud Computing Disability Electricity Financial Products Insurance Products