GVUS vs. FELV ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Fidelity Enhanced Large Cap Value ETF (FELV)

GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

GVUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization value segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$50.87

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	FELV
30 Days	2.39%	4.38%
60 Days	4.06%	5.85%
90 Days	5.58%	7.57%
12 Months		29.90%

282 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in FELV	Overlap
A	D	0.14%	0.09%	0.09%
ABBV	D	0.65%	0.85%	0.65%
ABT	B	0.78%	0.54%	0.54%
ACN	C	0.86%	0.34%	0.34%
ADI	D	0.4%	0.04%	0.04%
ADM	D	0.1%	0.1%	0.1%
ADP	B	0.04%	0.1%	0.04%
ADTN	A	0.01%	0.1%	0.01%
AEP	D	0.2%	0.08%	0.08%
AES	F	0.04%	0.16%	0.04%
AIZ	A	0.04%	0.11%	0.04%
ALL	A	0.17%	0.19%	0.17%
ALLE	D	0.05%	0.54%	0.05%
AM	A	0.01%	0.04%	0.01%
AMAT	F	0.04%	0.42%	0.04%
AMD	F	0.29%	0.02%	0.02%
AME	A	0.17%	0.26%	0.17%
AMGN	D	0.13%	0.15%	0.13%
AMH	D	0.05%	0.11%	0.05%
ANSS	B	0.11%	0.01%	0.01%
AON	A	0.29%	0.59%	0.29%
ARW	D	0.02%	0.06%	0.02%
AXP	A	0.39%	0.2%	0.2%
AXS	A	0.03%	0.01%	0.01%
AXTA	A	0.03%	0.03%	0.03%
AYI	B	0.04%	0.02%	0.02%
BAC	A	1.23%	1.77%	1.23%
BBWI	D	0.03%	0.08%	0.03%
BBY	D	0.08%	0.15%	0.08%
BDX	F	0.25%	0.74%	0.25%
BERY	B	0.03%	0.02%	0.02%
BIIB	F	0.09%	0.3%	0.09%
BIO	D	0.02%	0.02%	0.02%
BK	A	0.22%	0.63%	0.22%
BKR	B	0.17%	0.1%	0.1%
BLD	D	0.04%	0.11%	0.04%
BLDR	D	0.07%	0.01%	0.01%
BLK	C	0.6%	0.37%	0.37%
BMRN	D	0.05%	0.11%	0.05%
BMY	B	0.44%	0.84%	0.44%
BRK.A	B	3.35%	3.64%	3.35%
BRX	A	0.03%	0.35%	0.03%
BSX	B	0.5%	0.19%	0.19%
BYD	C	0.02%	0.07%	0.02%
C	A	0.51%	0.48%	0.48%
CACI	D	0.04%	0.46%	0.04%
CAH	B	0.05%	0.3%	0.05%
CAT	B	0.63%	0.54%	0.54%
CCI	D	0.18%	0.57%	0.18%
CCK	C	0.04%	0.16%	0.04%
CCL	B	0.09%	0.13%	0.09%
CEG	D	0.23%	0.17%	0.17%
CI	F	0.32%	0.6%	0.32%
CINF	A	0.09%	0.22%	0.09%
CL	D	0.13%	0.54%	0.13%
CMCSA	B	0.64%	1.13%	0.64%
CME	A	0.32%	0.57%	0.32%
CMI	A	0.19%	0.34%	0.19%
CNC	D	0.12%	0.23%	0.12%
CNP	B	0.08%	0.15%	0.08%
COF	B	0.27%	0.47%	0.27%
COP	C	0.51%	0.56%	0.51%
CRM	B	0.18%	0.22%	0.18%
CRUS	D	0.02%	0.09%	0.02%
CSCO	B	0.91%	1.07%	0.91%
CSGP	D	0.11%	0.04%	0.04%
CSX	B	0.27%	0.34%	0.27%
CTAS	B	0.01%	0.43%	0.01%
CTRA	B	0.07%	0.05%	0.05%
CVNA	B	0.06%	0.62%	0.06%
CVS	D	0.26%	0.3%	0.26%
CVX	A	1.08%	0.53%	0.53%
CW	B	0.05%	0.05%	0.05%
CWEN	C	0.01%	0.04%	0.01%
CWEN	C	0.0%	0.04%	0.0%
CWEN	C	0.0%	0.02%	0.0%
CWEN	C	0.01%	0.02%	0.01%
CXT	B	0.01%	0.01%	0.01%
DASH	A	0.03%	0.08%	0.03%
DBX	B	0.02%	0.42%	0.02%
DD	D	0.13%	0.48%	0.13%
DELL	C	0.12%	0.08%	0.08%
DFS	B	0.17%	0.05%	0.05%
DGX	A	0.07%	0.01%	0.01%
DHI	D	0.19%	0.03%	0.03%
DHR	F	0.58%	0.17%	0.17%
DIS	B	0.82%	0.8%	0.8%
DOC	D	0.06%	0.22%	0.06%
DTE	C	0.1%	0.19%	0.1%
DUK	C	0.34%	0.28%	0.28%
DVN	F	0.09%	0.34%	0.09%
EA	A	0.17%	0.11%	0.11%
ECL	D	0.03%	0.5%	0.03%
ED	D	0.13%	0.22%	0.13%
EEFT	B	0.02%	0.12%	0.02%
EIX	B	0.12%	0.17%	0.12%
ELV	F	0.31%	0.11%	0.11%
EOG	A	0.3%	0.53%	0.3%
EQIX	A	0.31%	0.2%	0.2%
EQR	B	0.11%	0.17%	0.11%
ES	D	0.08%	0.13%	0.08%
ETN	A	0.56%	0.76%	0.56%
EVRG	A	0.06%	0.35%	0.06%
EW	C	0.13%	0.06%	0.06%
EXC	C	0.15%	0.24%	0.15%
EXEL	B	0.01%	0.35%	0.01%
F	C	0.17%	0.33%	0.17%
FANG	D	0.13%	0.09%	0.09%
FLS	B	0.03%	0.25%	0.03%
FR	C	0.03%	0.28%	0.03%
FTI	A	0.05%	0.19%	0.05%
FTV	C	0.1%	0.33%	0.1%
GAP	C	0.02%	0.25%	0.02%
GD	F	0.31%	0.14%	0.14%
GE	D	0.59%	1.05%	0.59%
GEHC	F	0.13%	0.16%	0.13%
GEV	B	0.35%	0.28%	0.28%
GILD	C	0.43%	0.92%	0.43%
GIS	D	0.14%	0.05%	0.05%
GL	B	0.04%	0.28%	0.04%
GLPI	C	0.05%	0.05%	0.05%
GLW	B	0.14%	0.01%	0.01%
GPN	B	0.11%	0.09%	0.09%
GRMN	B	0.12%	0.11%	0.11%
GS	A	0.53%	0.34%	0.34%
HAL	C	0.1%	0.13%	0.1%
HD	A	0.32%	0.45%	0.32%
HON	B	0.49%	0.08%	0.08%
HPE	B	0.11%	0.21%	0.11%
HUM	C	0.13%	0.14%	0.13%
HWM	A	0.17%	0.12%	0.12%
IBM	C	0.73%	0.27%	0.27%
ICE	C	0.34%	0.18%	0.18%
IFF	D	0.09%	0.08%	0.08%
ILMN	D	0.08%	0.15%	0.08%
INCY	C	0.04%	0.22%	0.04%
INGR	B	0.04%	0.04%	0.04%
INTC	D	0.4%	0.85%	0.4%
IQV	D	0.12%	0.17%	0.12%
ITT	A	0.05%	0.18%	0.05%
ITW	B	0.19%	0.12%	0.12%
JCI	C	0.22%	0.21%	0.21%
JNJ	D	1.44%	1.02%	1.02%
JPM	A	2.73%	2.93%	2.73%
KD	B	0.02%	0.09%	0.02%
KEY	B	0.07%	0.18%	0.07%
KHC	F	0.11%	0.12%	0.11%
KMB	D	0.1%	0.14%	0.1%
KMI	A	0.21%	0.24%	0.21%
KR	B	0.15%	0.31%	0.15%
L	A	0.06%	0.35%	0.06%
LDOS	C	0.08%	0.47%	0.08%
LEG	F	0.01%	0.06%	0.01%
LH	C	0.08%	0.08%	0.08%
LHX	C	0.18%	0.45%	0.18%
LIN	D	0.84%	0.46%	0.46%
LMT	D	0.3%	0.64%	0.3%
LOW	D	0.6%	0.07%	0.07%
LPX	B	0.01%	0.33%	0.01%
LYFT	C	0.01%	0.07%	0.01%
M	D	0.02%	0.01%	0.01%
MCD	D	0.77%	0.28%	0.28%
MCK	B	0.17%	0.09%	0.09%
MDLZ	F	0.34%	0.06%	0.06%
MDT	D	0.44%	0.4%	0.4%
MGM	D	0.03%	0.21%	0.03%
MKC	D	0.07%	0.08%	0.07%
MKL	A	0.06%	0.17%	0.06%
MMC	B	0.37%	0.38%	0.37%
MMM	D	0.23%	0.6%	0.23%
MO	A	0.37%	0.28%	0.28%
MS	A	0.57%	0.54%	0.54%
MSA	D	0.02%	0.03%	0.02%
MSCI	C	0.08%	0.19%	0.08%
MSI	B	0.16%	0.2%	0.16%
MTDR	B	0.02%	0.09%	0.02%
MU	D	0.41%	0.86%	0.41%
NEE	D	0.61%	0.81%	0.61%
NEM	D	0.18%	0.05%	0.05%
NOC	D	0.26%	0.63%	0.26%
NSC	B	0.23%	0.57%	0.23%
NTAP	C	0.05%	0.12%	0.05%
NUE	C	0.14%	0.34%	0.14%
NWL	B	0.02%	0.06%	0.02%
NWS	B	0.01%	0.03%	0.01%
NWSA	B	0.04%	0.06%	0.04%
OC	A	0.07%	0.22%	0.07%
OGE	B	0.03%	0.06%	0.03%
OGN	D	0.02%	0.02%	0.02%
OKTA	C	0.02%	0.02%	0.02%
OXY	D	0.13%	0.15%	0.13%
PCAR	B	0.22%	0.39%	0.22%
PCG	A	0.18%	0.39%	0.18%
PEG	A	0.17%	0.1%	0.1%
PFE	D	0.55%	0.85%	0.55%
PFG	D	0.08%	0.16%	0.08%
PG	A	1.21%	1.24%	1.21%
PGR	A	0.09%	0.35%	0.09%
PH	A	0.35%	0.12%	0.12%
PHM	D	0.1%	0.01%	0.01%
PKG	A	0.08%	0.13%	0.08%
PM	B	0.78%	1.31%	0.78%
PNC	B	0.32%	0.7%	0.32%
PNR	A	0.07%	0.19%	0.07%
PPG	F	0.11%	0.57%	0.11%
PRU	A	0.18%	0.17%	0.17%
PSA	D	0.17%	0.52%	0.17%
PYPL	B	0.34%	0.79%	0.34%
QCOM	F	0.04%	0.5%	0.04%
QGEN	D	0.04%	0.16%	0.04%
QRVO	F	0.02%	0.11%	0.02%
RCL	A	0.14%	0.15%	0.14%
REG	B	0.05%	0.07%	0.05%
RGA	A	0.06%	0.03%	0.03%
RJF	A	0.12%	0.03%	0.03%
ROP	B	0.23%	0.01%	0.01%
ROST	C	0.14%	0.11%	0.11%
RSG	A	0.17%	0.66%	0.17%
RTX	C	0.61%	0.7%	0.61%
SAM	C	0.01%	0.05%	0.01%
SCHW	B	0.42%	0.88%	0.42%
SEE	C	0.02%	0.25%	0.02%
SEIC	B	0.03%	0.58%	0.03%
SO	D	0.37%	0.12%	0.12%
SOLV	C	0.04%	0.12%	0.04%
SON	D	0.02%	0.01%	0.01%
SPG	B	0.17%	0.18%	0.17%
SPGI	C	0.61%	0.63%	0.61%
SQ	B	0.11%	0.7%	0.11%
SSNC	B	0.06%	0.5%	0.06%
STLD	B	0.08%	0.33%	0.08%
STT	A	0.11%	0.15%	0.11%
SWKS	F	0.05%	0.13%	0.05%
SYF	B	0.1%	0.03%	0.03%
SYK	C	0.39%	0.26%	0.26%
T	A	0.63%	1.02%	0.63%
TAP	C	0.04%	0.16%	0.04%
TFC	A	0.24%	0.24%	0.24%
TFX	F	0.04%	0.03%	0.03%
TGT	F	0.27%	0.01%	0.01%
TJX	A	0.22%	0.28%	0.22%
TMO	F	0.76%	0.73%	0.73%
TMUS	B	0.44%	0.56%	0.44%
TNL	A	0.01%	0.01%	0.01%
TOL	B	0.06%	0.28%	0.06%
TPR	B	0.05%	0.1%	0.05%
TRMB	B	0.07%	0.05%	0.05%
TROW	B	0.1%	0.13%	0.1%
TRV	B	0.23%	0.28%	0.23%
TT	A	0.24%	0.52%	0.24%
TWLO	A	0.05%	0.3%	0.05%
TXN	C	0.63%	0.16%	0.16%
TXT	D	0.06%	0.53%	0.06%
UAL	A	0.12%	0.03%	0.03%
UHS	D	0.05%	0.12%	0.05%
UNH	C	1.98%	1.57%	1.57%
UNM	A	0.05%	0.38%	0.05%
UNP	C	0.29%	0.75%	0.29%
UPS	C	0.38%	0.06%	0.06%
USFD	A	0.06%	0.19%	0.06%
VAC	B	0.01%	0.04%	0.01%
VICI	C	0.13%	0.25%	0.13%
VLTO	D	0.05%	0.04%	0.04%
VMC	B	0.11%	0.28%	0.11%
VMI	B	0.03%	0.2%	0.03%
VRTX	F	0.23%	0.09%	0.09%
VSTS	C	0.01%	0.06%	0.01%
VZ	C	0.68%	0.68%	0.68%
WAB	B	0.13%	0.45%	0.13%
WBD	C	0.09%	0.09%	0.09%
WCC	B	0.04%	0.07%	0.04%
WDC	D	0.08%	0.14%	0.08%
WFC	A	1.01%	1.22%	1.01%
WMB	A	0.27%	0.12%	0.12%
WMT	A	1.42%	1.76%	1.42%
WTW	B	0.12%	0.26%	0.12%
XEL	A	0.15%	0.25%	0.15%
XOM	B	2.08%	2.51%	2.08%
Z	A	0.05%	0.22%	0.05%
ZBRA	B	0.06%	0.32%	0.06%
ZG	A	0.01%	0.18%	0.01%
ZM	B	0.08%	0.52%	0.08%

GVUS Overweight 556 Positions Relative to FELV

Symbol	Grade	Weight
CB	C	0.45%
PLD	D	0.41%
KO	D	0.4%
DE	A	0.39%
WELL	A	0.32%
FI	A	0.32%
BA	F	0.31%
USB	A	0.3%
KKR	A	0.28%
EMR	A	0.28%
REGN	F	0.28%
MRVL	B	0.27%
APD	A	0.27%
FDX	B	0.26%
GM	B	0.25%
MAR	B	0.25%
OKE	A	0.25%
FCX	D	0.24%
SLB	C	0.24%
AFL	B	0.24%
CARR	D	0.24%
DLR	B	0.23%
SRE	A	0.23%
AJG	B	0.23%
MPC	D	0.22%
TDG	D	0.21%
PSX	C	0.21%
D	C	0.19%
O	D	0.19%
HCA	F	0.19%
MET	A	0.19%
AIG	B	0.19%
FIS	C	0.19%
MSTR	C	0.19%
KVUE	A	0.18%
PEP	F	0.18%
URI	B	0.17%
VLO	C	0.17%
CBRE	B	0.16%
OTIS	C	0.16%
LEN	D	0.16%
DAL	C	0.16%
IR	B	0.16%
STZ	D	0.15%
CTSH	B	0.15%
CTVA	C	0.15%
APH	A	0.14%
NKE	D	0.14%
KDP	D	0.14%
MTB	A	0.14%
ACGL	D	0.14%
CHTR	C	0.14%
NDAQ	A	0.13%
AVB	B	0.13%
PWR	A	0.13%
MCHP	D	0.13%
MLM	B	0.13%
EXR	D	0.13%
HIG	B	0.13%
HLT	A	0.12%
ROK	B	0.12%
TTWO	A	0.12%
WEC	A	0.12%
DOW	F	0.12%
EBAY	D	0.12%
ETR	B	0.12%
FITB	A	0.12%
HPQ	B	0.11%
DOV	A	0.11%
ON	D	0.11%
XYL	D	0.11%
PAYX	C	0.11%
RMD	C	0.1%
MTD	D	0.1%
PPL	B	0.1%
SBUX	A	0.1%
NVR	D	0.1%
HBAN	A	0.1%
VTR	C	0.1%
KEYS	A	0.1%
AWK	D	0.1%
CHD	B	0.1%
SW	A	0.1%
FCNCA	A	0.1%
WY	D	0.09%
ZBH	C	0.09%
YUM	B	0.09%
HUBB	B	0.09%
EQT	B	0.09%
SBAC	D	0.09%
FE	C	0.09%
LNG	B	0.09%
RF	A	0.09%
AEE	A	0.09%
EFX	F	0.09%
ESS	B	0.08%
LUV	C	0.08%
IP	B	0.08%
CMS	C	0.08%
FSLR	F	0.08%
INVH	D	0.08%
K	A	0.08%
CBOE	B	0.08%
CFG	B	0.08%
HSY	F	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
APO	B	0.08%
LYB	F	0.08%
TDY	B	0.08%
STE	F	0.08%
ATO	A	0.08%
RBA	A	0.07%
GPC	D	0.07%
MAS	D	0.07%
IEX	B	0.07%
J	F	0.07%
TRU	D	0.07%
CSL	C	0.07%
WRB	A	0.07%
RS	B	0.07%
WSO	A	0.07%
TSN	B	0.07%
HOLX	D	0.07%
ARE	D	0.07%
MAA	B	0.07%
SNA	A	0.07%
BALL	D	0.07%
IBKR	A	0.07%
OMC	C	0.07%
SYY	B	0.06%
EXPD	D	0.06%
EWBC	A	0.06%
VRSN	F	0.06%
IRM	D	0.06%
HES	B	0.06%
APTV	D	0.06%
NDSN	B	0.06%
ACM	A	0.06%
UDR	B	0.06%
JBHT	C	0.06%
AMCR	D	0.06%
THC	D	0.06%
BRO	B	0.06%
GGG	B	0.06%
VTRS	A	0.06%
SUI	D	0.06%
LNT	A	0.06%
FNF	B	0.06%
CF	B	0.06%
UTHR	C	0.06%
MRO	B	0.06%
GEN	B	0.06%
BAX	D	0.06%
KIM	A	0.06%
NI	A	0.06%
DG	F	0.06%
JNPR	F	0.05%
OVV	B	0.05%
SOFI	A	0.05%
CDW	F	0.05%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
SCI	B	0.05%
NVT	B	0.05%
NTNX	A	0.05%
ALB	C	0.05%
HST	C	0.05%
WPC	D	0.05%
EPAM	C	0.05%
CLH	B	0.05%
CPT	B	0.05%
BXP	D	0.05%
JKHY	D	0.05%
CASY	A	0.05%
CHRW	C	0.05%
CAG	D	0.05%
BG	F	0.05%
AFRM	B	0.05%
COHR	B	0.05%
JBL	B	0.05%
SWK	D	0.05%
AKAM	D	0.05%
ELS	C	0.05%
DLTR	F	0.05%
RPM	A	0.05%
EG	C	0.05%
RVTY	F	0.05%
RNR	C	0.05%
FFIV	B	0.05%
EME	C	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TW	A	0.04%
GMED	A	0.04%
CMA	A	0.04%
REXR	F	0.04%
DCI	B	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
RGLD	C	0.04%
FRT	B	0.04%
BRBR	A	0.04%
DRI	B	0.04%
EL	F	0.04%
PNFP	B	0.04%
ORI	A	0.04%
CNH	C	0.04%
JEF	A	0.04%
CIEN	B	0.04%
DOX	D	0.04%
MKTX	D	0.04%
WAL	B	0.04%
WTRG	B	0.04%
COIN	C	0.04%
DPZ	C	0.04%
CRL	C	0.04%
EHC	B	0.04%
DTM	B	0.04%
AVY	D	0.04%
DAY	B	0.04%
OHI	C	0.04%
GME	C	0.04%
ARMK	B	0.04%
LAD	A	0.04%
AFG	A	0.04%
RPRX	D	0.04%
WWD	B	0.04%
LKQ	D	0.04%
IPG	D	0.04%
BKNG	A	0.04%
WBS	A	0.04%
PNW	B	0.04%
DKS	C	0.04%
ALSN	B	0.04%
PRI	A	0.04%
FOXA	B	0.04%
TECH	D	0.04%
CTLT	B	0.04%
EVR	B	0.04%
CUBE	D	0.04%
PFGC	B	0.04%
FTNT	C	0.04%
AA	B	0.04%
SJM	D	0.04%
CG	A	0.04%
ATR	B	0.04%
FHN	A	0.04%
RRX	B	0.04%
NRG	B	0.04%
SF	B	0.04%
KMX	B	0.04%
BJ	A	0.04%
COLB	A	0.03%
CGNX	C	0.03%
IVZ	B	0.03%
FAF	A	0.03%
KBR	F	0.03%
LSTR	D	0.03%
BILL	A	0.03%
ALGN	D	0.03%
STAG	F	0.03%
GWW	B	0.03%
AGNC	D	0.03%
MKSI	C	0.03%
MTG	C	0.03%
HRB	D	0.03%
ALK	C	0.03%
WEX	D	0.03%
WSM	B	0.03%
RLI	B	0.03%
DAR	C	0.03%
DINO	D	0.03%
FMC	D	0.03%
FND	C	0.03%
MTSI	B	0.03%
FCN	D	0.03%
ELAN	D	0.03%
GXO	B	0.03%
SSD	D	0.03%
ATI	D	0.03%
GNTX	C	0.03%
COKE	C	0.03%
ESAB	B	0.03%
WH	B	0.03%
VNO	B	0.03%
VFC	C	0.03%
R	B	0.03%
OSK	B	0.03%
MIDD	C	0.03%
PR	B	0.03%
FAST	B	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
MNST	C	0.03%
KEX	C	0.03%
MHK	D	0.03%
SKX	D	0.03%
RHI	B	0.03%
CHE	D	0.03%
ADC	B	0.03%
HII	D	0.03%
NNN	D	0.03%
G	B	0.03%
CRBG	B	0.03%
RIVN	F	0.03%
CHRD	D	0.03%
MTCH	D	0.03%
RRC	B	0.03%
ACI	C	0.03%
SHW	A	0.03%
BWA	D	0.03%
CZR	F	0.03%
X	C	0.03%
APG	B	0.03%
RL	B	0.03%
WTFC	A	0.03%
APA	D	0.03%
TKO	B	0.03%
SNV	B	0.03%
CFR	B	0.03%
FICO	B	0.03%
LAMR	D	0.03%
HLI	B	0.03%
WAT	B	0.03%
LECO	B	0.03%
EGP	F	0.03%
VOYA	B	0.03%
CPB	D	0.03%
NYT	C	0.03%
MOS	F	0.03%
TTC	D	0.03%
CR	A	0.03%
HRL	D	0.03%
MTZ	B	0.03%
ALLY	C	0.03%
CBSH	A	0.03%
JLL	D	0.03%
FYBR	D	0.03%
GWRE	A	0.03%
GPK	C	0.03%
WYNN	D	0.03%
ZION	B	0.03%
TTEK	F	0.03%
AOS	F	0.03%
SNX	C	0.03%
KNX	B	0.03%
AAL	B	0.03%
HSIC	B	0.03%
PTC	A	0.03%
AR	B	0.03%
RBC	A	0.03%
WST	C	0.03%
SITE	D	0.02%
WTM	A	0.02%
HOG	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
PAYC	B	0.02%
DLB	B	0.02%
AN	C	0.02%
GTES	A	0.02%
WLK	D	0.02%
KMPR	B	0.02%
AWI	A	0.02%
RYN	D	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
AZO	C	0.02%
KRC	C	0.02%
CUZ	B	0.02%
ST	F	0.02%
CROX	D	0.02%
ROIV	C	0.02%
AVT	C	0.02%
FRPT	B	0.02%
AGO	B	0.02%
AMP	A	0.02%
HXL	D	0.02%
OLN	D	0.02%
TKR	D	0.02%
AL	B	0.02%
UGI	A	0.02%
BFAM	D	0.02%
OZK	B	0.02%
POST	C	0.02%
GNRC	B	0.02%
BC	C	0.02%
SLM	A	0.02%
LFUS	F	0.02%
SN	D	0.02%
LEA	D	0.02%
WMS	D	0.02%
LITE	B	0.02%
EXAS	D	0.02%
ORLY	B	0.02%
RGEN	D	0.02%
NFG	A	0.02%
OLLI	D	0.02%
DOCS	C	0.02%
FOX	A	0.02%
THO	B	0.02%
JHG	A	0.02%
H	B	0.02%
ONTO	D	0.02%
IDA	A	0.02%
AGCO	D	0.02%
SAIA	B	0.02%
THG	A	0.02%
PVH	C	0.02%
FNB	A	0.02%
XP	F	0.02%
VNT	B	0.02%
STWD	C	0.02%
WHR	B	0.02%
AMG	B	0.02%
S	B	0.02%
WBA	F	0.02%
CE	F	0.02%
BPOP	B	0.02%
COLD	D	0.02%
BEN	C	0.02%
ESI	A	0.02%
LNC	B	0.02%
NOV	C	0.02%
SIRI	C	0.02%
MOH	F	0.02%
OMF	A	0.02%
SAIC	F	0.02%
MAT	D	0.02%
PARA	C	0.02%
DDS	B	0.01%
TER	D	0.01%
SNDR	B	0.01%
TRIP	F	0.01%
REYN	D	0.01%
FTRE	D	0.01%
QS	F	0.01%
WEN	D	0.01%
CNXC	F	0.01%
UA	C	0.01%
LCID	F	0.01%
CLVT	F	0.01%
BIRK	D	0.01%
SHC	F	0.01%
LEN	D	0.01%
RKT	F	0.01%
CRI	D	0.01%
PPC	C	0.01%
BR	A	0.01%
AZEK	A	0.01%
BRKR	D	0.01%
PSTG	D	0.01%
GO	C	0.01%
KSS	F	0.01%
ETSY	D	0.01%
MP	B	0.01%
IPGP	D	0.01%
GLOB	B	0.01%
UAA	C	0.01%
RCM	F	0.01%
AAP	C	0.01%
AZTA	D	0.01%
YETI	C	0.01%
ULTA	F	0.01%
PINC	B	0.01%
ALGM	D	0.01%
HHH	B	0.01%
CPRI	F	0.01%
CNM	D	0.01%
EXP	A	0.01%
JWN	C	0.01%
HAYW	B	0.01%
ENOV	C	0.01%
BOKF	B	0.01%
MPW	F	0.01%
SPB	C	0.01%
BROS	B	0.01%
CC	C	0.01%
AGR	B	0.01%
COTY	F	0.01%
COLM	B	0.01%
VIRT	B	0.01%
AMKR	D	0.01%
U	C	0.01%
AMED	F	0.01%
MAN	D	0.01%
PAG	B	0.01%
WU	D	0.01%
PK	B	0.01%
NXST	C	0.01%
IRDM	D	0.01%
SPR	D	0.01%
PENN	C	0.01%
NSA	D	0.01%
LOPE	B	0.01%
SMG	D	0.01%
ZI	D	0.01%
HUN	F	0.01%
MASI	A	0.01%
EPR	D	0.01%
ALNY	D	0.01%
CPRT	A	0.01%
BHF	B	0.01%
ACHC	F	0.01%
ASH	D	0.01%
FHB	A	0.01%
CLF	F	0.01%
UHAL	D	0.01%
IAC	D	0.01%
PII	D	0.01%
HIW	D	0.01%
NVST	B	0.01%
W	F	0.01%
NEU	C	0.01%
OLED	D	0.01%
PRGO	B	0.01%
GFS	C	0.01%
MSM	C	0.01%
CIVI	D	0.01%
MDU	D	0.01%
TYL	B	0.01%
MSGS	A	0.01%
DNB	B	0.01%
DXC	B	0.01%
PLNT	A	0.01%
XRAY	F	0.01%
RH	B	0.01%
SEG	B	0.0%
UWMC	D	0.0%
IONS	F	0.0%
TXG	F	0.0%
CACC	D	0.0%
DJT	C	0.0%
SEB	F	0.0%
PATH	C	0.0%
PYCR	C	0.0%
HCP	B	0.0%
WOLF	F	0.0%
CERT	F	0.0%
LSCC	D	0.0%
TFSL	A	0.0%
FIVE	F	0.0%
MTN	C	0.0%
CAR	C	0.0%
CNA	B	0.0%
HAS	D	0.0%
INFA	D	0.0%
LBRDA	C	0.0%
DV	C	0.0%
NCNO	B	0.0%

GVUS Underweight 52 Positions Relative to FELV

Symbol	Grade	Weight
ADBE	C	-0.37%
IGT	F	-0.36%
TPH	D	-0.35%
VEEV	C	-0.28%
MA	C	-0.28%
ANF	C	-0.28%
TDC	D	-0.27%
CLX	B	-0.25%
WM	A	-0.25%
DOCU	A	-0.22%
SKYW	B	-0.21%
META	D	-0.21%
NFLX	A	-0.19%
AAPL	C	-0.19%
TMHC	B	-0.18%
NVDA	C	-0.17%
LNW	D	-0.17%
ACA	A	-0.17%
MEDP	D	-0.16%
JXN	C	-0.15%
AMT	D	-0.14%
WDAY	B	-0.13%
AVGO	D	-0.12%
ENS	D	-0.11%
BCC	B	-0.11%
CRC	B	-0.1%
MHO	D	-0.1%
TRGP	B	-0.09%
CNO	A	-0.09%
ACT	D	-0.09%
AMZN	C	-0.08%
TENB	C	-0.08%
ALRM	C	-0.08%
VST	B	-0.07%
CMG	B	-0.07%
NMRK	B	-0.06%
FHI	A	-0.05%
PLTK	B	-0.05%
HL	D	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
KLAC	D	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
ALKS	B	-0.03%
MATX	C	-0.03%
SWI	B	-0.02%
ITRI	B	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%