CVSE vs. AUSF ETF Comparison

Comparison of Calvert US Select Equity ETF (CVSE) to Global X Adaptive U.S. Factor ETF (AUSF)

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$70.50

Average Daily Volume

945

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	CVSE	AUSF
30 Days	2.61%	4.22%
60 Days	4.06%	5.67%
90 Days	5.46%	7.18%
12 Months	30.71%	33.52%

40 Overlapping Holdings

Symbol	Grade	Weight in CVSE	Weight in AUSF	Overlap
AAPL	C	6.81%	0.1%	0.1%
ADP	B	0.84%	1.43%	0.84%
AKAM	D	0.14%	0.06%	0.06%
AMGN	D	0.73%	0.07%	0.07%
BBY	D	0.24%	0.46%	0.24%
BSX	B	0.82%	1.54%	0.82%
CFG	B	0.55%	0.55%	0.55%
CHD	B	0.1%	0.12%	0.1%
CSCO	B	0.75%	1.41%	0.75%
EA	A	0.1%	1.43%	0.1%
ECL	D	0.69%	0.07%	0.07%
ED	D	0.49%	0.08%	0.08%
FMC	D	0.18%	0.45%	0.18%
GAP	C	0.11%	0.47%	0.11%
GM	B	1.04%	0.52%	0.52%
HBAN	A	0.28%	0.55%	0.28%
HIG	B	0.21%	0.08%	0.08%
HOLX	D	0.28%	0.08%	0.08%
HPE	B	0.55%	0.54%	0.54%
HPQ	B	0.27%	0.52%	0.27%
HST	C	0.05%	0.49%	0.05%
ICE	C	1.0%	1.41%	1.0%
INTC	D	0.26%	0.54%	0.26%
LIN	D	0.64%	1.35%	0.64%
MA	C	1.54%	0.08%	0.08%
MOS	F	0.28%	0.48%	0.28%
MRK	F	1.73%	1.0%	1.0%
MSI	B	0.21%	0.09%	0.09%
PFE	D	0.27%	0.43%	0.27%
PGR	A	1.06%	0.18%	0.18%
REGN	F	0.1%	0.05%	0.05%
RF	A	0.19%	0.55%	0.19%
TJX	A	0.37%	0.08%	0.08%
TPR	B	0.2%	0.63%	0.2%
TRV	B	0.72%	0.12%	0.12%
V	A	1.44%	1.51%	1.44%
VRSK	A	1.21%	0.1%	0.1%
VRSN	F	0.08%	0.08%	0.08%
VRTX	F	0.2%	0.07%	0.07%
VZ	C	0.9%	1.83%	0.9%

CVSE Overweight 138 Positions Relative to AUSF

Symbol	Grade	Weight
NVDA	C	7.98%
MSFT	F	7.68%
LLY	F	2.63%
SPGI	C	2.01%
ACN	C	1.81%
PH	A	1.66%
NFLX	A	1.55%
ETN	A	1.42%
HD	A	1.33%
DIS	B	1.24%
MET	A	1.14%
CMI	A	1.11%
NOW	A	1.11%
CRM	B	1.09%
CAT	B	0.94%
GIS	D	0.91%
AXP	A	0.88%
TT	A	0.84%
PRU	A	0.76%
LOW	D	0.75%
INTU	C	0.7%
TFC	A	0.7%
AMAT	F	0.69%
CBRE	B	0.69%
URI	B	0.68%
AWK	D	0.67%
ADBE	C	0.67%
OMC	C	0.65%
ES	D	0.64%
PLD	D	0.63%
AMT	D	0.63%
SCHW	B	0.62%
SHW	A	0.61%
NUE	C	0.61%
ITW	B	0.58%
TGT	F	0.56%
DFS	B	0.55%
AMD	F	0.52%
DE	A	0.52%
TXN	C	0.48%
COF	B	0.47%
EMR	A	0.47%
HUM	C	0.45%
JLL	D	0.43%
CDNS	B	0.43%
BMY	B	0.41%
BALL	D	0.4%
SJM	D	0.4%
STT	A	0.4%
NDAQ	A	0.4%
RMD	C	0.38%
LULU	C	0.36%
ADSK	A	0.36%
STE	F	0.36%
EBAY	D	0.36%
MU	D	0.35%
FITB	A	0.35%
DHR	F	0.35%
MKC	D	0.34%
GILD	C	0.34%
PYPL	B	0.32%
DRI	B	0.31%
ROK	B	0.31%
A	D	0.31%
HUBS	A	0.31%
QCOM	F	0.3%
CLX	B	0.3%
IDXX	F	0.3%
MORN	B	0.3%
ULTA	F	0.29%
EW	C	0.29%
WDAY	B	0.28%
TSCO	D	0.28%
PNR	A	0.26%
IPG	D	0.26%
HAS	D	0.26%
ALNY	D	0.25%
NKE	D	0.25%
PRI	A	0.24%
MTN	C	0.23%
DAR	C	0.23%
EL	F	0.22%
MSA	D	0.22%
SNPS	B	0.22%
EXPD	D	0.22%
BFAM	D	0.21%
WSM	B	0.2%
DECK	A	0.2%
DELL	C	0.19%
KLAC	D	0.19%
TROW	B	0.19%
EQR	B	0.18%
WAT	B	0.18%
CTAS	B	0.18%
SCI	B	0.18%
KNX	B	0.18%
DVA	B	0.17%
FIS	C	0.16%
FCN	D	0.16%
EXR	D	0.15%
MTG	C	0.15%
LRCX	F	0.15%
PANW	C	0.15%
XYL	D	0.14%
VTR	C	0.14%
CNM	D	0.14%
TWLO	A	0.12%
NEE	D	0.11%
G	B	0.11%
EXAS	D	0.1%
SNOW	C	0.1%
BXP	D	0.1%
MSCI	C	0.1%
RL	B	0.09%
PLNT	A	0.09%
GPC	D	0.09%
IQV	D	0.09%
TTEK	F	0.09%
SWK	D	0.09%
MAN	D	0.08%
PODD	C	0.08%
CSGP	D	0.08%
PCTY	B	0.08%
BRX	A	0.06%
DKS	C	0.06%
KEY	B	0.06%
RKT	F	0.06%
FICO	B	0.05%
LITE	B	0.05%
VLTO	D	0.05%
ON	D	0.05%
CIEN	B	0.05%
FSLR	F	0.04%
RHI	B	0.04%
ETSY	D	0.03%
CPRT	A	0.03%
HXL	D	0.03%
MRNA	F	0.02%

CVSE Underweight 150 Positions Relative to AUSF

Symbol	Grade	Weight
T	A	-1.9%
TMUS	B	-1.59%
RSG	A	-1.56%
WMT	A	-1.56%
COR	B	-1.51%
BRK.A	B	-1.5%
MMC	B	-1.42%
LMT	D	-1.4%
RTX	C	-1.4%
CME	A	-1.39%
WM	A	-1.38%
IBM	C	-1.37%
JNPR	F	-1.36%
JNJ	D	-1.34%
GD	F	-1.33%
EDR	A	-1.32%
ACI	C	-1.29%
DOX	D	-1.25%
KO	D	-1.03%
CBOE	B	-0.94%
BR	A	-0.84%
PG	A	-0.83%
DTM	B	-0.7%
MCD	D	-0.7%
PEP	F	-0.66%
KMI	A	-0.66%
MO	A	-0.65%
UNM	A	-0.65%
MARA	C	-0.62%
IP	B	-0.59%
OKE	A	-0.58%
SYF	B	-0.58%
FHN	A	-0.57%
WBS	A	-0.57%
UMBF	B	-0.56%
ZION	B	-0.56%
FNB	A	-0.56%
VTRS	A	-0.56%
CMA	A	-0.55%
WHR	B	-0.55%
ONB	B	-0.55%
ABG	B	-0.55%
AL	B	-0.55%
PB	A	-0.55%
COLB	A	-0.55%
UBSI	B	-0.55%
LAD	A	-0.55%
LBRDK	C	-0.54%
OZK	B	-0.54%
CADE	B	-0.54%
PVH	C	-0.53%
TAP	C	-0.53%
BEN	C	-0.53%
C	A	-0.53%
ALLY	C	-0.52%
LNC	B	-0.52%
PCAR	B	-0.52%
AM	A	-0.52%
NOV	C	-0.52%
BCC	B	-0.51%
CIVI	D	-0.51%
SLG	B	-0.51%
CNH	C	-0.51%
CMCSA	B	-0.51%
CNC	D	-0.5%
CHRD	D	-0.5%
CHE	D	-0.5%
JXN	C	-0.5%
DINO	D	-0.49%
NXST	C	-0.49%
BG	F	-0.49%
AGNC	D	-0.49%
STWD	C	-0.49%
QGEN	D	-0.49%
CVS	D	-0.49%
SNX	C	-0.48%
X	C	-0.48%
CRBG	B	-0.48%
BWA	D	-0.48%
UGI	A	-0.48%
VICI	C	-0.48%
RDN	C	-0.48%
AVT	C	-0.48%
KRC	C	-0.47%
EMN	D	-0.47%
SON	D	-0.47%
HOG	D	-0.47%
SOLV	C	-0.47%
ADM	D	-0.47%
TDG	D	-0.47%
M	D	-0.47%
RPRX	D	-0.47%
RNR	C	-0.47%
WU	D	-0.46%
LYB	F	-0.46%
MDT	D	-0.45%
CAG	D	-0.45%
LEA	D	-0.44%
KHC	F	-0.43%
SWKS	F	-0.43%
ARW	D	-0.43%
WBA	F	-0.43%
DOW	F	-0.42%
HII	D	-0.42%
OGN	D	-0.42%
CE	F	-0.29%
YUM	B	-0.26%
CACI	D	-0.18%
TW	A	-0.14%
ABBV	D	-0.14%
GRMN	B	-0.13%
KR	B	-0.12%
COST	B	-0.12%
SO	D	-0.12%
DUK	C	-0.1%
ORI	A	-0.1%
SNA	A	-0.1%
GDDY	A	-0.1%
WMB	A	-0.1%
LDOS	C	-0.1%
AFL	B	-0.1%
ATR	B	-0.09%
PNW	B	-0.09%
MCK	B	-0.09%
AME	A	-0.09%
CVX	A	-0.09%
PKG	A	-0.09%
WRB	A	-0.09%
INGR	B	-0.08%
CI	F	-0.08%
CAH	B	-0.08%
UNH	C	-0.08%
FI	A	-0.08%
BDX	F	-0.08%
CB	C	-0.08%
XOM	B	-0.08%
NOC	D	-0.08%
MDLZ	F	-0.07%
FE	C	-0.07%
CTLT	B	-0.07%
KMB	D	-0.07%
K	A	-0.07%
HON	B	-0.07%
AJG	B	-0.07%
ATO	A	-0.07%
DGX	A	-0.07%
ROP	B	-0.07%
CL	D	-0.07%
WELL	A	-0.07%
L	A	-0.07%