DEUS vs. ILCV ETF Comparison

Comparison of Deutsche X-trackers Russell 1000 Enhanced Beta ETF (DEUS) to iShares Morningstar Value ETF (ILCV)

DEUS

Deutsche X-trackers Russell 1000 Enhanced Beta ETF

DEUS Description

The investment seeks investment results that correspond generally to the performance of the Russell 1000 Comprehensive Factor Index. The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance of the underlying index, which is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of value, momentum, quality, low volatility and size. It will normally invest at least 80% of its net assets in equity securities of issuers from the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.72

Average Daily Volume

5,928

Number of Holdings ^*

832

* may have additional holdings in another (foreign) market

ILCV

iShares Morningstar Value ETF

ILCV Description

The investment seeks to track the investment results of the Morningstar® US Large-Mid Cap Broad Value IndexSM composed of large-and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.(Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$81.88

Average Daily Volume

19,014

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	DEUS	ILCV
30 Days	2.67%	1.62%
60 Days	4.87%	4.02%
90 Days	8.96%	7.27%
12 Months	28.25%	26.63%

409 Overlapping Holdings

	Symbol	Grade	Weight in DEUS	Weight in ILCV	Overlap
	AAPL	C	0.11%	6.3%	0.11%
	ABBV	B	0.09%	1.32%	0.09%
	ABT	C	0.04%	0.76%	0.04%
	ACGL	B	1.07%	0.11%	0.11%
	ACI	F	0.1%	0.03%	0.03%
	ACM	B	0.09%	0.02%	0.02%
	ACN	C	0.07%	0.7%	0.07%
	ADI	C	0.17%	0.36%	0.17%
	ADM	D	0.54%	0.11%	0.11%
	ADP	C	0.1%	0.27%	0.1%
	AEE	B	0.09%	0.09%	0.09%
	AEP	C	0.23%	0.21%	0.21%
	AES	C	0.08%	0.05%	0.05%
	AFG	C	0.1%	0.02%	0.02%
	AFL	A	0.26%	0.21%	0.21%
	AGR	C	0.01%	0.01%	0.01%
	AIG	D	0.06%	0.18%	0.06%
	AJG	D	0.05%	0.15%	0.05%
	AKAM	D	0.22%	0.03%	0.03%
	ALB	D	0.01%	0.02%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	C	0.07%	0.11%	0.07%
	ALLE	B	0.1%	0.02%	0.02%
	ALLY	F	0.02%	0.04%	0.02%
	AMAT	D	0.22%	0.37%	0.22%
	AMCR	B	0.09%	0.06%	0.06%
	AMGN	D	0.1%	0.7%	0.1%
	AMP	B	0.11%	0.06%	0.06%
	AMT	C	0.02%	0.42%	0.02%
	AON	B	0.1%	0.21%	0.1%
	AOS	B	0.21%	0.01%	0.01%
	APD	B	0.11%	0.25%	0.11%
	APH	C	0.32%	0.13%	0.13%
	APO	B	0.11%	0.14%	0.11%
	APTV	D	0.02%	0.03%	0.02%
	ARE	C	0.02%	0.05%	0.02%
	ATO	B	0.29%	0.08%	0.08%
	AVB	C	0.1%	0.06%	0.06%
	AVGO	C	0.04%	1.33%	0.04%
	AVTR	C	0.07%	0.03%	0.03%
	AVY	C	0.15%	0.03%	0.03%
	AWK	C	0.05%	0.06%	0.05%
	AXP	B	0.09%	0.38%	0.09%
	BAC	D	0.02%	1.05%	0.02%
	BAH	B	0.16%	0.02%	0.02%
	BALL	C	0.08%	0.03%	0.03%
	BAX	C	0.04%	0.08%	0.04%
	BBY	A	0.25%	0.07%	0.07%
	BDX	D	0.04%	0.26%	0.04%
	BEN	F	0.02%	0.02%	0.02%
	BG	F	0.2%	0.05%	0.05%
	BJ	D	0.39%	0.02%	0.02%
	BK	B	0.14%	0.2%	0.14%
	BKNG	B	0.25%	0.35%	0.25%
	BKR	C	0.15%	0.07%	0.07%
	BLD	C	0.1%	0.02%	0.02%
	BLDR	C	0.11%	0.05%	0.05%
	BLK	B	0.1%	0.53%	0.1%
	BMY	C	0.05%	0.39%	0.05%
	BRK.A	C	0.11%	3.16%	0.11%
	BSX	B	0.08%	0.25%	0.08%
	BX	C	0.08%	0.23%	0.08%
	BXP	C	0.03%	0.05%	0.03%
	C	C	0.02%	0.46%	0.02%
	CAG	B	0.06%	0.06%	0.06%
	CAH	C	0.89%	0.11%	0.11%
	CARR	B	0.17%	0.11%	0.11%
	CASY	D	0.5%	0.02%	0.02%
	CAT	B	0.19%	0.53%	0.19%
	CB	B	0.32%	0.42%	0.32%
	CBRE	B	0.22%	0.06%	0.06%
	CCI	C	0.04%	0.19%	0.04%
	CCK	B	0.07%	0.03%	0.03%
	CE	D	0.32%	0.02%	0.02%
	CEG	C	0.01%	0.31%	0.01%
	CF	B	0.15%	0.06%	0.06%
	CFG	D	0.07%	0.07%	0.07%
	CHK	C	0.16%	0.03%	0.03%
	CHTR	D	0.19%	0.13%	0.13%
	CI	C	0.38%	0.38%	0.38%
	CINF	C	0.47%	0.05%	0.05%
	CL	C	0.32%	0.23%	0.23%
	CLX	C	0.06%	0.03%	0.03%
	CMCSA	C	0.14%	0.6%	0.14%
	CME	B	0.05%	0.3%	0.05%
	CMI	B	0.46%	0.05%	0.05%
	CMS	B	0.17%	0.05%	0.05%
	CNC	D	0.66%	0.15%	0.15%
	CNH	C	0.02%	0.04%	0.02%
	CNP	C	0.16%	0.07%	0.07%
	COF	B	0.15%	0.22%	0.15%
	COP	F	0.1%	0.49%	0.1%
	COST	C	0.15%	0.83%	0.15%
	CPAY	B	0.19%	0.02%	0.02%
	CPB	C	0.11%	0.04%	0.04%
	CPNG	B	0.08%	0.04%	0.04%
	CPT	C	0.05%	0.03%	0.03%
	CRL	F	0.04%	0.01%	0.01%
	CSCO	B	0.13%	0.81%	0.13%
	CSX	C	0.09%	0.26%	0.09%
	CTRA	F	0.19%	0.04%	0.04%
	CTSH	B	0.55%	0.15%	0.15%
	CTVA	B	0.06%	0.09%	0.06%
	CVS	D	0.26%	0.28%	0.26%
	CVX	F	0.05%	0.95%	0.05%
	D	C	0.17%	0.11%	0.11%
	DAL	C	0.21%	0.06%	0.06%
	DD	B	0.11%	0.07%	0.07%
	DE	A	0.1%	0.4%	0.1%
	DELL	C	0.15%	0.07%	0.07%
	DFS	C	0.07%	0.06%	0.06%
	DG	F	0.08%	0.07%	0.07%
	DGX	B	0.15%	0.07%	0.07%
	DHI	C	0.61%	0.22%	0.22%
	DHR	B	0.04%	0.68%	0.04%
	DINO	F	0.1%	0.03%	0.03%
	DIS	D	0.03%	0.47%	0.03%
	DKS	D	0.16%	0.03%	0.03%
	DLR	B	0.07%	0.05%	0.05%
	DLTR	F	0.15%	0.03%	0.03%
	DOC	B	0.02%	0.06%	0.02%
	DOV	B	0.13%	0.03%	0.03%
	DOW	C	0.08%	0.08%	0.08%
	DRI	C	0.05%	0.04%	0.04%
	DTE	A	0.11%	0.1%	0.1%
	DUK	B	0.21%	0.35%	0.21%
	DVA	B	0.28%	0.02%	0.02%
	DVN	F	0.03%	0.1%	0.03%
	EA	D	0.18%	0.04%	0.04%
	EBAY	B	0.4%	0.08%	0.08%
	ECL	B	0.13%	0.11%	0.11%
	ED	B	0.2%	0.14%	0.14%
	EG	B	0.5%	0.07%	0.07%
	EIX	B	0.21%	0.13%	0.13%
	ELS	D	0.05%	0.02%	0.02%
	ELV	D	0.32%	0.48%	0.32%
	EMN	B	0.19%	0.05%	0.05%
	EMR	D	0.01%	0.23%	0.01%
	ENTG	D	0.04%	0.02%	0.02%
	EOG	D	0.18%	0.28%	0.18%
	EPAM	F	0.1%	0.02%	0.02%
	EQH	C	0.04%	0.05%	0.04%
	EQR	C	0.08%	0.06%	0.06%
	ES	B	0.04%	0.09%	0.04%
	ESS	C	0.08%	0.04%	0.04%
	ETN	C	0.1%	0.22%	0.1%
	ETR	A	0.4%	0.11%	0.11%
	EVRG	B	0.12%	0.06%	0.06%
	EXC	B	0.15%	0.15%	0.15%
	EXPD	B	0.12%	0.07%	0.07%
	EXPE	C	0.23%	0.03%	0.03%
	EXR	C	0.08%	0.09%	0.08%
	F	F	0.07%	0.16%	0.07%
	FANG	F	0.05%	0.12%	0.05%
	FCX	C	0.04%	0.25%	0.04%
	FDX	D	0.19%	0.22%	0.19%
	FE	B	0.13%	0.09%	0.09%
	FFIV	B	0.44%	0.03%	0.03%
	FIS	C	0.03%	0.18%	0.03%
	FITB	B	0.09%	0.11%	0.09%
	FNF	B	0.12%	0.06%	0.06%
	FOX	B	0.06%	0.02%	0.02%
	FOXA	B	0.11%	0.04%	0.04%
	FTV	C	0.09%	0.03%	0.03%
	GD	C	0.23%	0.29%	0.23%
	GE	C	0.1%	0.36%	0.1%
	GEHC	B	0.28%	0.08%	0.08%
	GEV	B	0.12%	0.13%	0.12%
	GILD	B	0.16%	0.4%	0.16%
	GIS	B	0.12%	0.16%	0.12%
	GLPI	C	0.03%	0.05%	0.03%
	GLW	B	0.07%	0.13%	0.07%
	GM	C	0.24%	0.21%	0.21%
	GOOG	D	0.09%	1.6%	0.09%
	GOOGL	D	0.09%	1.79%	0.09%
	GPC	D	0.21%	0.04%	0.04%
	GPN	D	0.05%	0.07%	0.05%
	GRMN	D	0.36%	0.04%	0.04%
	GS	B	0.02%	0.62%	0.02%
	HAL	F	0.02%	0.05%	0.02%
	HBAN	B	0.09%	0.08%	0.08%
	HCA	B	0.11%	0.29%	0.11%
	HD	B	0.09%	1.49%	0.09%
	HIG	B	0.37%	0.13%	0.13%
	HII	F	0.24%	0.02%	0.02%
	HOLX	D	0.03%	0.07%	0.03%
	HON	C	0.04%	0.51%	0.04%
	HPE	C	0.24%	0.09%	0.09%
	HPQ	C	0.17%	0.13%	0.13%
	HRL	F	0.03%	0.02%	0.02%
	HST	D	0.17%	0.05%	0.05%
	HSY	D	0.04%	0.05%	0.04%
	HUM	F	0.48%	0.14%	0.14%
	IBM	B	0.33%	0.77%	0.33%
	ICE	C	0.05%	0.29%	0.05%
	IFF	A	0.05%	0.1%	0.05%
	INCY	C	0.03%	0.02%	0.02%
	INTC	D	0.01%	0.36%	0.01%
	IP	C	0.28%	0.07%	0.07%
	IPG	C	0.08%	0.04%	0.04%
	IQV	D	0.06%	0.06%	0.06%
	IRM	C	0.06%	0.06%	0.06%
	ITW	B	0.11%	0.29%	0.11%
	J	A	0.25%	0.02%	0.02%
	JBHT	D	0.07%	0.02%	0.02%
	JBL	C	0.49%	0.02%	0.02%
	JCI	B	0.12%	0.08%	0.08%
	JNJ	C	0.05%	1.52%	0.05%
	JNPR	A	0.07%	0.05%	0.05%
	JPM	D	0.01%	2.31%	0.01%
	K	A	0.18%	0.08%	0.08%
	KDP	B	0.07%	0.1%	0.07%
	KEY	C	0.06%	0.06%	0.06%
	KEYS	B	0.19%	0.06%	0.06%
	KHC	C	0.12%	0.12%	0.12%
	KIM	C	0.03%	0.02%	0.02%
	KKR	B	0.03%	0.25%	0.03%
	KLAC	D	0.35%	0.24%	0.24%
	KMB	C	0.21%	0.12%	0.12%
	KMI	C	0.11%	0.16%	0.11%
	KMX	D	0.02%	0.02%	0.02%
	KO	B	0.04%	1.08%	0.04%
	KR	B	0.54%	0.14%	0.14%
	KVUE	B	0.06%	0.15%	0.06%
	L	D	0.17%	0.06%	0.06%
	LDOS	A	0.64%	0.05%	0.05%
	LEN	B	0.53%	0.17%	0.17%
	LEN	B	0.53%	0.01%	0.01%
	LEN	B	0.03%	0.01%	0.01%
	LEN	B	0.03%	0.17%	0.03%
	LHX	C	0.06%	0.17%	0.06%
	LIN	B	0.08%	0.72%	0.08%
	LKQ	F	0.05%	0.04%	0.04%
	LMT	A	0.12%	0.47%	0.12%
	LNG	D	0.05%	0.11%	0.05%
	LNT	A	0.09%	0.06%	0.06%
	LOW	B	0.13%	0.57%	0.13%
	LRCX	D	0.25%	0.24%	0.24%
	LUV	C	0.16%	0.04%	0.04%
	LYB	D	0.11%	0.09%	0.09%
	MAA	C	0.05%	0.05%	0.05%
	MAR	B	0.13%	0.18%	0.13%
	MAS	B	0.28%	0.04%	0.04%
	MCD	B	0.04%	0.65%	0.04%
	MCHP	D	0.11%	0.09%	0.09%
	MCK	F	1.0%	0.18%	0.18%
	MCO	C	0.2%	0.13%	0.13%
	MDLZ	C	0.11%	0.38%	0.11%
	MDT	B	0.07%	0.44%	0.07%
	MET	B	0.09%	0.19%	0.09%
	META	B	0.08%	2.05%	0.08%
	MGM	D	0.0%	0.02%	0.0%
	MKC	C	0.02%	0.04%	0.02%
	MKL	C	0.41%	0.03%	0.03%
	MMC	C	0.23%	0.31%	0.23%
	MMM	B	0.07%	0.29%	0.07%
	MO	C	0.5%	0.33%	0.33%
	MOH	D	0.38%	0.03%	0.03%
	MOS	F	0.01%	0.03%	0.01%
	MPC	F	0.18%	0.22%	0.18%
	MRK	F	0.03%	0.73%	0.03%
	MRO	D	0.07%	0.06%	0.06%
	MSI	B	0.31%	0.19%	0.19%
	MTB	C	0.13%	0.11%	0.11%
	NDAQ	C	0.1%	0.07%	0.07%
	NEE	B	0.07%	0.65%	0.07%
	NI	B	0.19%	0.06%	0.06%
	NKE	D	0.05%	0.3%	0.05%
	NOC	B	0.08%	0.3%	0.08%
	NRG	B	0.31%	0.05%	0.05%
	NSC	C	0.05%	0.22%	0.05%
	NTAP	D	0.53%	0.05%	0.05%
	NTRS	C	0.06%	0.07%	0.06%
	NUE	D	0.36%	0.13%	0.13%
	NVR	B	0.49%	0.11%	0.11%
	NWS	D	0.04%	0.01%	0.01%
	NWSA	D	0.12%	0.04%	0.04%
	O	B	0.01%	0.14%	0.01%
	OC	C	0.34%	0.06%	0.06%
	OMC	B	0.26%	0.08%	0.08%
	ON	D	0.01%	0.07%	0.01%
	ORCL	B	0.01%	0.74%	0.01%
	ORLY	B	0.27%	0.19%	0.19%
	OTIS	B	0.12%	0.06%	0.06%
	OXY	F	0.01%	0.13%	0.01%
	PAG	D	0.01%	0.01%	0.01%
	PCAR	D	0.41%	0.2%	0.2%
	PCG	C	0.05%	0.1%	0.05%
	PEG	B	0.4%	0.17%	0.17%
	PEP	D	0.05%	0.91%	0.05%
	PFG	B	0.04%	0.08%	0.04%
	PG	C	0.04%	1.59%	0.04%
	PGR	C	0.35%	0.27%	0.27%
	PH	B	0.03%	0.17%	0.03%
	PHM	B	0.69%	0.07%	0.07%
	PINS	D	0.01%	0.03%	0.01%
	PKG	B	0.25%	0.07%	0.07%
	PLD	C	0.02%	0.33%	0.02%
	PM	C	0.14%	0.72%	0.14%
	PNC	C	0.11%	0.29%	0.11%
	PNR	B	0.15%	0.02%	0.02%
	POOL	C	0.14%	0.03%	0.03%
	PPG	C	0.05%	0.07%	0.05%
	PPL	A	0.18%	0.09%	0.09%
	PRU	C	0.09%	0.17%	0.09%
	PSA	C	0.21%	0.11%	0.11%
	PSX	F	0.12%	0.21%	0.12%
	PYPL	B	0.13%	0.3%	0.13%
	QCOM	D	0.16%	0.73%	0.16%
	QRVO	F	0.13%	0.02%	0.02%
	REG	C	0.03%	0.03%	0.03%
	REGN	D	0.24%	0.47%	0.24%
	RF	B	0.08%	0.08%	0.08%
	RGA	C	0.12%	0.06%	0.06%
	RJF	C	0.03%	0.04%	0.03%
	RNR	B	0.51%	0.05%	0.05%
	ROP	C	0.12%	0.13%	0.12%
	RPM	B	0.16%	0.02%	0.02%
	RPRX	C	0.05%	0.04%	0.04%
	RRX	C	0.02%	0.02%	0.02%
	RS	D	0.33%	0.06%	0.06%
	RSG	D	0.21%	0.11%	0.11%
	RTX	B	0.07%	0.6%	0.07%
	SBUX	C	0.08%	0.27%	0.08%
	SCHW	D	0.03%	0.36%	0.03%
	SCI	C	0.09%	0.02%	0.02%
	SHW	B	0.17%	0.23%	0.17%
	SJM	C	0.03%	0.05%	0.03%
	SLB	F	0.04%	0.2%	0.04%
	SNA	B	0.28%	0.04%	0.04%
	SNX	C	0.18%	0.02%	0.02%
	SO	B	0.16%	0.38%	0.16%
	SOLV	D	0.36%	0.04%	0.04%
	SPG	B	0.12%	0.2%	0.12%
	SPGI	C	0.06%	0.36%	0.06%
	SRE	B	0.22%	0.2%	0.2%
	SSNC	C	0.1%	0.06%	0.06%
	STLD	C	0.29%	0.07%	0.07%
	STT	B	0.04%	0.1%	0.04%
	STZ	C	0.07%	0.07%	0.07%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	F	0.37%	0.06%	0.06%
	SYF	C	0.24%	0.08%	0.08%
	SYK	C	0.07%	0.3%	0.07%
	T	B	0.26%	0.59%	0.26%
	TAP	D	0.09%	0.04%	0.04%
	TDY	B	0.06%	0.04%	0.04%
	TER	C	0.14%	0.04%	0.04%
	TFC	D	0.03%	0.22%	0.03%
	TFX	B	0.03%	0.03%	0.03%
	TGT	C	0.17%	0.28%	0.17%
	THC	C	0.02%	0.06%	0.02%
	TJX	C	0.3%	0.37%	0.3%
	TMO	B	0.04%	0.77%	0.04%
	TMUS	B	0.07%	0.3%	0.07%
	TOL	A	0.24%	0.04%	0.04%
	TRMB	C	0.02%	0.02%	0.02%
	TROW	C	0.17%	0.09%	0.09%
	TRV	C	0.25%	0.12%	0.12%
	TSCO	B	0.4%	0.03%	0.03%
	TSN	D	0.29%	0.03%	0.03%
	TT	B	0.22%	0.16%	0.16%
	TXN	B	0.1%	0.72%	0.1%
	TXT	D	0.18%	0.03%	0.03%
	UAL	B	0.0%	0.07%	0.0%
	UDR	C	0.04%	0.02%	0.02%
	UHAL	B	0.1%	0.02%	0.02%
	UHAL	B	0.01%	0.02%	0.01%
	UHAL	B	0.1%	0.0%	0.0%
	UHAL	B	0.01%	0.0%	0.0%
	UHS	C	0.24%	0.03%	0.03%
	ULTA	D	0.11%	0.04%	0.04%
	UNH	C	0.06%	1.76%	0.06%
	UNM	B	0.09%	0.04%	0.04%
	UNP	D	0.05%	0.58%	0.05%
	UPS	D	0.06%	0.36%	0.06%
	URI	B	0.2%	0.1%	0.1%
	USB	C	0.09%	0.28%	0.09%
	USFD	C	0.07%	0.03%	0.03%
	UTHR	B	0.39%	0.05%	0.05%
	VICI	C	0.1%	0.13%	0.1%
	VLO	F	0.18%	0.17%	0.17%
	VLTO	B	0.07%	0.04%	0.04%
	VRTX	D	0.15%	0.25%	0.15%
	VST	B	0.62%	0.05%	0.05%
	VTRS	D	0.19%	0.05%	0.05%
	VZ	A	0.25%	0.72%	0.25%
	WAT	B	0.02%	0.03%	0.02%
	WBD	D	0.04%	0.07%	0.04%
	WEC	B	0.13%	0.12%	0.12%
	WELL	C	0.01%	0.18%	0.01%
	WFC	D	0.05%	0.74%	0.05%
	WLK	C	0.05%	0.01%	0.01%
	WM	D	0.21%	0.2%	0.2%
	WMB	C	0.2%	0.21%	0.2%
	WMT	B	0.05%	1.32%	0.05%
	WPC	C	0.06%	0.05%	0.05%
	WRB	D	0.3%	0.03%	0.03%
	WSM	C	0.24%	0.02%	0.02%
	WTRG	D	0.05%	0.03%	0.03%
	WTW	B	0.09%	0.06%	0.06%
	WY	C	0.07%	0.09%	0.07%
	XEL	B	0.17%	0.14%	0.14%
	XOM	D	0.04%	1.97%	0.04%
	XPO	D	0.01%	0.02%	0.01%
	ZBH	F	0.03%	0.04%	0.03%
	ZBRA	B	0.01%	0.02%	0.01%
	ZM	C	0.01%	0.06%	0.01%
	ZTS	B	0.06%	0.19%	0.06%

DEUS Overweight 427 Positions Relative to ILCV

	Symbol	Grade	Weight
	GDDY	C	0.58%
	CBOE	C	0.55%
	EME	B	0.41%
	FTNT	B	0.36%
	INGR	B	0.33%
	HRB	C	0.33%
	IT	C	0.33%
	AZO	B	0.32%
	GWW	B	0.3%
	CACI	B	0.3%
	KNSL	D	0.29%
	ALSN	B	0.29%
	FAST	C	0.28%
	BR	C	0.28%
	CNM	F	0.27%
	HLI	C	0.27%
	MUSA	D	0.27%
	A	C	0.27%
	SKX	C	0.26%
	RL	B	0.26%
	FCNCA	D	0.26%
	ROST	C	0.25%
	MTG	B	0.25%
	GNTX	D	0.25%
	SAIC	C	0.25%
	INTU	D	0.24%
	SNPS	F	0.24%
	BRO	C	0.24%
	COKE	C	0.24%
	ITT	B	0.24%
	EXP	B	0.24%
	DBX	C	0.23%
	CSL	B	0.23%
	SYY	C	0.22%
	GL	D	0.22%
	FDS	C	0.22%
	EVR	B	0.22%
	AMG	C	0.21%
	LII	C	0.21%
	CRUS	D	0.21%
	FIX	B	0.21%
	LPLA	D	0.2%
	CDNS	D	0.2%
	MSFT	C	0.2%
	TXRH	B	0.2%
	AYI	B	0.2%
	NOW	C	0.19%
	MANH	B	0.19%
	EHC	B	0.19%
	PAYX	C	0.19%
	CHD	C	0.19%
	SSD	C	0.19%
	CDW	D	0.19%
	HLT	B	0.19%
	CW	B	0.18%
	OSK	F	0.18%
	LAMR	B	0.18%
	WSO	C	0.18%
	FYBR	C	0.18%
	MPWR	B	0.18%
	BRBR	B	0.18%
	NFG	B	0.18%
	SEIC	B	0.17%
	NYT	B	0.17%
	ODFL	D	0.17%
	PSN	B	0.17%
	DOX	C	0.17%
	PRI	B	0.16%
	ROL	C	0.16%
	PAYC	D	0.16%
	LOPE	D	0.16%
	IR	B	0.16%
	TW	B	0.16%
	ADSK	B	0.16%
	ORI	B	0.16%
	ADBE	F	0.16%
	PWR	B	0.16%
	DPZ	D	0.16%
	ANET	C	0.16%
	WAB	B	0.16%
	DCI	C	0.15%
	WU	C	0.15%
	CRM	C	0.15%
	CMG	D	0.15%
	JHG	B	0.15%
	EXEL	C	0.15%
	DTM	C	0.15%
	CR	B	0.14%
	R	C	0.14%
	CTAS	C	0.14%
	OGE	B	0.14%
	VVV	D	0.14%
	MLM	D	0.14%
	ATR	B	0.14%
	LECO	D	0.14%
	BWA	C	0.13%
	AIZ	B	0.13%
	WDAY	D	0.13%
	AGO	D	0.13%
	ROK	D	0.13%
	WST	D	0.13%
	POST	B	0.13%
	MSCI	C	0.13%
	CPRT	D	0.13%
	NEU	D	0.13%
	FICO	B	0.13%
	TYL	C	0.12%
	AAON	B	0.12%
	CUBE	C	0.12%
	NBIX	F	0.12%
	IWB	A	0.12%
	RLI	B	0.12%
	AWI	B	0.12%
	TPR	A	0.11%
	PANW	D	0.11%
	IBKR	B	0.11%
	HUBB	B	0.11%
	VRSK	D	0.11%
	DECK	C	0.11%
	KEX	C	0.11%
	VMC	C	0.11%
	CLH	C	0.11%
	CHE	C	0.1%
	YUM	B	0.1%
	HWM	B	0.1%
	ARMK	B	0.1%
	PNW	C	0.1%
	FND	C	0.1%
	MEDP	F	0.1%
	DLB	D	0.1%
	NXST	D	0.1%
	COLM	C	0.1%
	BWXT	A	0.1%
	RGLD	C	0.1%
	JLL	B	0.09%
	CIEN	B	0.09%
	RHI	D	0.09%
	MDU	B	0.09%
	EWBC	C	0.09%
	FLO	C	0.09%
	MAT	D	0.09%
	RMD	C	0.08%
	GGG	C	0.08%
	IDXX	D	0.08%
	VEEV	C	0.08%
	OLLI	C	0.08%
	ONTO	C	0.08%
	IEX	C	0.08%
	JKHY	B	0.08%
	AME	C	0.08%
	AXS	B	0.08%
	OLED	D	0.08%
	FLS	C	0.08%
	STE	B	0.08%
	GPK	C	0.08%
	TTEK	C	0.08%
	SAIA	D	0.08%
	JAZZ	D	0.07%
	LEA	D	0.07%
	NVT	C	0.07%
	MTD	C	0.07%
	WWD	C	0.07%
	BURL	C	0.07%
	CRI	D	0.07%
	VSTS	D	0.07%
	HOG	C	0.07%
	PVH	D	0.07%
	TPL	C	0.07%
	ESAB	C	0.07%
	SF	B	0.06%
	AMZN	C	0.06%
	NNN	B	0.06%
	SN	B	0.06%
	VNT	F	0.06%
	MSM	D	0.06%
	OZK	F	0.06%
	LSCC	D	0.06%
	LSTR	D	0.06%
	ISRG	C	0.06%
	AMKR	F	0.06%
	GWRE	B	0.06%
	NVDA	C	0.06%
	WFRD	F	0.05%
	WEX	C	0.05%
	OGN	D	0.05%
	ANSS	D	0.05%
	NDSN	C	0.05%
	THO	C	0.05%
	WING	C	0.05%
	FCN	C	0.05%
	SPOT	C	0.05%
	MHK	B	0.05%
	PNFP	C	0.05%
	SON	D	0.05%
	ESI	C	0.05%
	LULU	D	0.05%
	SITE	D	0.05%
	EEFT	F	0.05%
	LYV	A	0.05%
	MTZ	C	0.05%
	PSTG	F	0.05%
	PTC	C	0.05%
	EFX	C	0.05%
	TREX	F	0.05%
	SBAC	C	0.05%
	ABNB	D	0.05%
	AAP	F	0.05%
	WMS	D	0.05%
	GO	F	0.05%
	GTES	C	0.05%
	AXTA	B	0.04%
	OLN	D	0.04%
	VRT	C	0.04%
	CMA	C	0.04%
	WBS	C	0.04%
	VIRT	C	0.04%
	REYN	C	0.04%
	ARW	B	0.04%
	IDA	B	0.04%
	FHN	D	0.04%
	INVH	D	0.04%
	PRGO	F	0.04%
	NSA	C	0.04%
	RBC	B	0.04%
	EW	F	0.04%
	BRKR	D	0.04%
	CBSH	D	0.04%
	MTSI	C	0.04%
	MNST	D	0.04%
	BPOP	C	0.04%
	SLGN	B	0.04%
	BERY	B	0.04%
	ZION	D	0.04%
	TDC	D	0.04%
	MORN	C	0.04%
	AMH	D	0.04%
	DASH	B	0.04%
	CRBG	C	0.04%
	FTRE	F	0.04%
	ARES	B	0.04%
	VRSN	C	0.04%
	TKR	C	0.04%
	PPC	D	0.04%
	MAN	C	0.04%
	AZEK	C	0.04%
	ALK	B	0.04%
	MRVL	D	0.03%
	SMG	B	0.03%
	AMED	D	0.03%
	GAP	F	0.03%
	COLB	B	0.03%
	STAG	D	0.03%
	LFUS	C	0.03%
	VOYA	B	0.03%
	DT	C	0.03%
	HES	F	0.03%
	AGCO	D	0.03%
	TEAM	D	0.03%
	KBR	D	0.03%
	NFLX	B	0.03%
	MTCH	C	0.03%
	SPB	B	0.03%
	PCOR	D	0.03%
	HXL	F	0.03%
	MSGS	B	0.03%
	SLM	C	0.03%
	CACC	F	0.03%
	FRT	C	0.03%
	FNB	D	0.03%
	SNV	D	0.03%
	CRWD	D	0.03%
	APG	F	0.03%
	KRC	C	0.03%
	MKTX	D	0.03%
	MTN	D	0.03%
	V	C	0.03%
	CHH	B	0.03%
	GLOB	D	0.03%
	FTI	D	0.03%
	QGEN	C	0.03%
	FR	C	0.03%
	BC	C	0.03%
	TPG	C	0.03%
	EGP	C	0.03%
	H	B	0.03%
	TECH	C	0.03%
	G	C	0.03%
	TTC	F	0.03%
	BRX	C	0.03%
	NWL	C	0.03%
	BFAM	C	0.03%
	HIW	C	0.03%
	WTFC	C	0.03%
	TRU	B	0.03%
	VNO	B	0.02%
	CFR	C	0.02%
	NOV	F	0.02%
	ATI	C	0.02%
	KD	F	0.02%
	LVS	C	0.02%
	OWL	B	0.02%
	HUN	C	0.02%
	STWD	B	0.02%
	MASI	C	0.02%
	RYAN	C	0.02%
	WSC	D	0.02%
	WHR	C	0.02%
	DOCU	C	0.02%
	IPGP	D	0.02%
	CACC	F	0.02%
	FAF	B	0.02%
	PINC	D	0.02%
	CHDN	D	0.02%
	SCCO	C	0.02%
	PCTY	D	0.02%
	OMF	D	0.02%
	FHB	D	0.02%
	RYN	C	0.02%
	SAM	D	0.02%
	HUBS	D	0.02%
	THG	C	0.02%
	FSLR	C	0.02%
	AXON	B	0.02%
	AM	B	0.02%
	WH	B	0.02%
	AN	C	0.02%
	CSGP	D	0.02%
	VMI	C	0.02%
	YETI	D	0.02%
	DXC	D	0.02%
	PB	D	0.02%
	TDG	B	0.02%
	EQIX	B	0.02%
	CHRW	B	0.02%
	GNRC	D	0.02%
	MA	B	0.02%
	SRCL	B	0.02%
	WCC	C	0.02%
	MSA	D	0.02%
	TNL	C	0.02%
	ASH	F	0.02%
	SNOW	F	0.01%
	CTLT	B	0.01%
	CGNX	F	0.01%
	IVZ	B	0.01%
	FMC	B	0.01%
	WAL	B	0.01%
	HEI	C	0.01%
	SMCI	F	0.01%
	BMRN	F	0.01%
	BBWI	D	0.01%
	TRIP	F	0.01%
	M	F	0.01%
	ZI	D	0.01%
	PII	D	0.01%
	CC	D	0.01%
	BOKF	C	0.01%
	SEB	D	0.01%
	INFA	D	0.01%
	DDS	D	0.01%
	OKTA	F	0.01%
	CIVI	F	0.01%
	CLVT	D	0.01%
	WYNN	C	0.01%
	TPX	B	0.01%
	CROX	C	0.01%
	CNA	D	0.01%
	TTWO	D	0.01%
	JEF	C	0.01%
	APPF	C	0.01%
	XRAY	D	0.01%
	DNB	D	0.01%
	CLF	F	0.01%
	SNDR	B	0.01%
	UBER	C	0.01%
	HAS	B	0.01%
	DDOG	D	0.01%
	TOST	C	0.01%
	DAY	D	0.01%
	OHI	C	0.01%
	REXR	C	0.01%
	NTNX	D	0.01%
	ZS	F	0.01%
	UAA	C	0.01%
	NU	C	0.01%
	CWEN	A	0.01%
	RGEN	F	0.01%
	EL	D	0.01%
	IAC	C	0.01%
	SMAR	A	0.01%
	HEI	C	0.01%
	ADC	C	0.01%
	SEE	C	0.01%
	LITE	B	0.01%
	AMD	C	0.01%
	LLY	D	0.01%
	ST	D	0.01%
	DV	F	0.01%
	LPX	B	0.01%
	BSY	C	0.01%
	CUZ	C	0.01%
	HSIC	C	0.01%
	LW	D	0.01%
	FRPT	C	0.01%
	UGI	B	0.01%
	MIDD	C	0.01%
	UA	C	0.01%
	DXCM	F	0.01%
	GXO	D	0.01%
	WTM	F	0.01%
	ACHC	D	0.01%
	VFC	B	0.01%
	FIVE	D	0.01%
	APP	C	0.01%
	X	F	0.01%
	LBRDK	C	0.01%
	KNX	C	0.01%
	AVT	B	0.0%
	GFS	F	0.0%
	MKSI	F	0.0%
	XYL	C	0.0%
	AZTA	F	0.0%
	HAYW	C	0.0%
	AAL	D	0.0%
	TTD	B	0.0%
	RH	C	0.0%
	ELF	F	0.0%

DEUS Underweight 36 Positions Relative to ILCV

	Symbol	Grade	Weight
	PFE	D	-0.64%
	MS	B	-0.49%
	MU	D	-0.39%
	BA	F	-0.36%
	FI	B	-0.31%
	CRH	B	-0.25%
	NXPI	D	-0.23%
	OKE	C	-0.21%
	FERG	D	-0.15%
	NEM	C	-0.11%
	BIIB	F	-0.11%
	SW	B	-0.09%
	TRGP	C	-0.08%
	STX	B	-0.08%
	TEL	D	-0.08%
	WDC	C	-0.08%
	COR	F	-0.07%
	LH	D	-0.07%
	CCL	C	-0.07%
	VTR	C	-0.06%
	RCL	B	-0.05%
	MRNA	F	-0.05%
	FLEX	B	-0.04%
	APA	F	-0.04%
	CG	C	-0.04%
	MSTR	C	-0.04%
	OVV	F	-0.04%
	EQT	C	-0.03%
	GEN	A	-0.03%
	AR	C	-0.03%
	DKNG	C	-0.03%
	RVTY	B	-0.03%
	SIRI	C	-0.02%
	COO	C	-0.02%
	WBA	F	-0.02%
	COTY	D	-0.0%

DEUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Asset Management Business Services Semiconductors Capital Markets Insurance - Property & Casualty Packaged Foods Specialty Chemicals Specialty Retail Software - Infrastructure Diagnostics & Research Information Technology Services Packaging & Containers Aerospace & Defense Biotechnology Building Materials Credit Services

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

ILCV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Oil & Gas E&P Asset Management Semiconductors Specialty Chemicals Banks - Regional - US Insurance - Property & Casualty Specialty Retail Business Services Diagnostics & Research Drug Manufacturers - Major Packaged Foods Aerospace & Defense Health Care Plans REIT - Residential Utilities - Diversified Biotechnology Capital Markets Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Electricity Dow Jones Component Electronics Computing Real Estate Investment Trust Aerospace Chemical Bank Insurance Products Banking Medicine Semiconductor Petroleum Industry Telecommunications Beverage Disability