GVUS vs. FNDX ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

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

$50.44

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$24.82

Average Daily Volume

1,178,356

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	FNDX
30 Days	2.39%	2.37%
60 Days	4.06%	4.07%
90 Days	5.58%	5.72%
12 Months		28.68%

596 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in FNDX	Overlap
	A	D	0.14%	0.05%	0.05%
	AA	A	0.04%	0.06%	0.04%
	AAL	B	0.03%	0.01%	0.01%
	AAP	D	0.01%	0.03%	0.01%
	ABBV	F	0.65%	0.49%	0.49%
	ABT	B	0.78%	0.34%	0.34%
	ACGL	C	0.14%	0.03%	0.03%
	ACI	C	0.03%	0.03%	0.03%
	ACM	B	0.06%	0.05%	0.05%
	ACN	B	0.86%	0.36%	0.36%
	ADI	D	0.4%	0.13%	0.13%
	ADM	D	0.1%	0.21%	0.1%
	ADP	A	0.04%	0.15%	0.04%
	AEE	A	0.09%	0.07%	0.07%
	AEP	C	0.2%	0.16%	0.16%
	AES	F	0.04%	0.05%	0.04%
	AFG	A	0.04%	0.05%	0.04%
	AFL	B	0.24%	0.21%	0.21%
	AGCO	D	0.02%	0.03%	0.02%
	AIG	B	0.19%	0.28%	0.19%
	AIZ	A	0.04%	0.03%	0.03%
	AJG	A	0.23%	0.05%	0.05%
	AKAM	D	0.05%	0.03%	0.03%
	AL	B	0.02%	0.02%	0.02%
	ALB	B	0.05%	0.03%	0.03%
	ALGN	D	0.03%	0.02%	0.02%
	ALK	B	0.03%	0.02%	0.02%
	ALL	A	0.17%	0.27%	0.17%
	ALLE	C	0.05%	0.01%	0.01%
	ALLY	C	0.03%	0.1%	0.03%
	ALSN	B	0.04%	0.05%	0.04%
	AMAT	F	0.04%	0.24%	0.04%
	AMCR	C	0.06%	0.03%	0.03%
	AMD	F	0.29%	0.09%	0.09%
	AME	A	0.17%	0.05%	0.05%
	AMG	B	0.02%	0.04%	0.02%
	AMGN	F	0.13%	0.39%	0.13%
	AMP	A	0.02%	0.15%	0.02%
	AN	C	0.02%	0.05%	0.02%
	ANSS	B	0.11%	0.02%	0.02%
	AON	A	0.29%	0.13%	0.13%
	AOS	F	0.03%	0.02%	0.02%
	APA	D	0.03%	0.03%	0.03%
	APD	A	0.27%	0.13%	0.13%
	APH	A	0.14%	0.09%	0.09%
	APO	B	0.08%	0.03%	0.03%
	APTV	F	0.06%	0.02%	0.02%
	AR	B	0.03%	0.03%	0.03%
	ARE	F	0.07%	0.03%	0.03%
	ARMK	B	0.04%	0.03%	0.03%
	ARW	D	0.02%	0.08%	0.02%
	ATO	A	0.08%	0.04%	0.04%
	ATR	B	0.04%	0.02%	0.02%
	AVB	B	0.13%	0.05%	0.05%
	AVT	C	0.02%	0.07%	0.02%
	AVTR	F	0.05%	0.02%	0.02%
	AVY	F	0.04%	0.04%	0.04%
	AWK	C	0.1%	0.04%	0.04%
	AXP	A	0.39%	0.36%	0.36%
	AXTA	B	0.03%	0.02%	0.02%
	AYI	B	0.04%	0.04%	0.04%
	AZO	C	0.02%	0.06%	0.02%
	BA	F	0.31%	0.11%	0.11%
	BAC	A	1.23%	1.3%	1.23%
	BALL	F	0.07%	0.06%	0.06%
	BAX	F	0.06%	0.07%	0.06%
	BBWI	C	0.03%	0.03%	0.03%
	BBY	D	0.08%	0.16%	0.08%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.25%	0.11%	0.11%
	BEN	C	0.02%	0.04%	0.02%
	BERY	C	0.03%	0.04%	0.03%
	BG	D	0.05%	0.1%	0.05%
	BIIB	F	0.09%	0.09%	0.09%
	BJ	A	0.04%	0.02%	0.02%
	BK	A	0.22%	0.26%	0.22%
	BKNG	A	0.04%	0.24%	0.04%
	BKR	A	0.17%	0.16%	0.16%
	BLD	D	0.04%	0.01%	0.01%
	BLDR	D	0.07%	0.06%	0.06%
	BLK	B	0.6%	0.28%	0.28%
	BMY	B	0.44%	0.45%	0.44%
	BPOP	C	0.02%	0.02%	0.02%
	BR	A	0.01%	0.03%	0.01%
	BRK.A	B	3.35%	2.17%	2.17%
	BRO	B	0.06%	0.02%	0.02%
	BRX	A	0.03%	0.02%	0.02%
	BSX	A	0.5%	0.09%	0.09%
	BWA	D	0.03%	0.05%	0.03%
	BXP	C	0.05%	0.05%	0.05%
	C	A	0.51%	1.1%	0.51%
	CACI	D	0.04%	0.03%	0.03%
	CAG	F	0.05%	0.06%	0.05%
	CAH	B	0.05%	0.07%	0.05%
	CAR	C	0.0%	0.03%	0.0%
	CARR	C	0.24%	0.12%	0.12%
	CASY	A	0.05%	0.05%	0.05%
	CAT	B	0.63%	0.41%	0.41%
	CB	C	0.45%	0.26%	0.26%
	CBOE	C	0.08%	0.01%	0.01%
	CBRE	B	0.16%	0.13%	0.13%
	CC	C	0.01%	0.02%	0.01%
	CCI	C	0.18%	0.09%	0.09%
	CCK	D	0.04%	0.04%	0.04%
	CCL	A	0.09%	0.06%	0.06%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.02%	0.03%	0.02%
	CEG	C	0.23%	0.1%	0.1%
	CF	A	0.06%	0.07%	0.06%
	CFG	B	0.08%	0.1%	0.08%
	CG	B	0.04%	0.03%	0.03%
	CHD	A	0.1%	0.04%	0.04%
	CHE	D	0.03%	0.01%	0.01%
	CHRW	B	0.05%	0.08%	0.05%
	CHTR	C	0.14%	0.35%	0.14%
	CI	D	0.32%	0.48%	0.32%
	CIEN	C	0.04%	0.03%	0.03%
	CINF	A	0.09%	0.07%	0.07%
	CL	D	0.13%	0.13%	0.13%
	CLF	F	0.01%	0.03%	0.01%
	CMA	B	0.04%	0.07%	0.04%
	CMCSA	B	0.64%	0.83%	0.64%
	CME	B	0.32%	0.08%	0.08%
	CMI	A	0.19%	0.19%	0.19%
	CMS	C	0.08%	0.06%	0.06%
	CNC	D	0.12%	0.19%	0.12%
	CNH	C	0.04%	0.02%	0.02%
	CNP	A	0.08%	0.06%	0.06%
	CNXC	F	0.01%	0.01%	0.01%
	COF	C	0.27%	0.48%	0.27%
	COHR	B	0.05%	0.02%	0.02%
	COP	C	0.51%	0.48%	0.48%
	CPB	D	0.03%	0.03%	0.03%
	CPRI	F	0.01%	0.01%	0.01%
	CPRT	B	0.01%	0.03%	0.01%
	CPT	B	0.05%	0.02%	0.02%
	CRBG	B	0.03%	0.04%	0.03%
	CRI	F	0.01%	0.01%	0.01%
	CRL	D	0.04%	0.01%	0.01%
	CRM	B	0.18%	0.15%	0.15%
	CSCO	B	0.91%	0.82%	0.82%
	CSL	C	0.07%	0.05%	0.05%
	CSX	C	0.27%	0.22%	0.22%
	CTAS	B	0.01%	0.08%	0.01%
	CTLT	C	0.04%	0.02%	0.02%
	CTRA	B	0.07%	0.03%	0.03%
	CTSH	B	0.15%	0.19%	0.15%
	CTVA	C	0.15%	0.09%	0.09%
	CVS	D	0.26%	0.68%	0.26%
	CVX	A	1.08%	1.25%	1.08%
	CW	C	0.05%	0.03%	0.03%
	CZR	F	0.03%	0.02%	0.02%
	D	C	0.19%	0.17%	0.17%
	DAL	B	0.16%	0.03%	0.03%
	DAR	C	0.03%	0.02%	0.02%
	DBX	B	0.02%	0.01%	0.01%
	DCI	B	0.04%	0.02%	0.02%
	DD	C	0.13%	0.17%	0.13%
	DE	B	0.39%	0.23%	0.23%
	DELL	B	0.12%	0.03%	0.03%
	DFS	B	0.17%	0.26%	0.17%
	DG	F	0.06%	0.08%	0.06%
	DGX	A	0.07%	0.07%	0.07%
	DHI	F	0.19%	0.16%	0.16%
	DHR	F	0.58%	0.15%	0.15%
	DINO	D	0.03%	0.05%	0.03%
	DIS	B	0.82%	0.45%	0.45%
	DKS	D	0.04%	0.04%	0.04%
	DLR	B	0.23%	0.08%	0.08%
	DLTR	F	0.05%	0.05%	0.05%
	DOC	C	0.06%	0.03%	0.03%
	DOV	A	0.11%	0.06%	0.06%
	DOW	F	0.12%	0.18%	0.12%
	DOX	D	0.04%	0.04%	0.04%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.05%	0.04%
	DTE	C	0.1%	0.07%	0.07%
	DUK	C	0.34%	0.3%	0.3%
	DVN	F	0.09%	0.09%	0.09%
	DXC	B	0.01%	0.05%	0.01%
	EA	A	0.17%	0.09%	0.09%
	EBAY	D	0.12%	0.17%	0.12%
	ECL	D	0.03%	0.08%	0.03%
	ED	C	0.13%	0.12%	0.12%
	EFX	F	0.09%	0.03%	0.03%
	EG	C	0.05%	0.02%	0.02%
	EHC	B	0.04%	0.02%	0.02%
	EIX	B	0.12%	0.1%	0.1%
	EL	F	0.04%	0.03%	0.03%
	ELV	F	0.31%	0.36%	0.31%
	EME	A	0.05%	0.06%	0.05%
	EMN	C	0.05%	0.08%	0.05%
	EMR	B	0.28%	0.17%	0.17%
	EOG	A	0.3%	0.23%	0.23%
	EPAM	B	0.05%	0.02%	0.02%
	EQIX	A	0.31%	0.08%	0.08%
	EQR	C	0.11%	0.05%	0.05%
	EQT	B	0.09%	0.04%	0.04%
	ES	C	0.08%	0.08%	0.08%
	ESS	B	0.08%	0.03%	0.03%
	ETN	A	0.56%	0.23%	0.23%
	ETR	B	0.12%	0.12%	0.12%
	EVR	B	0.04%	0.04%	0.04%
	EVRG	A	0.06%	0.07%	0.06%
	EW	C	0.13%	0.04%	0.04%
	EWBC	A	0.06%	0.03%	0.03%
	EXC	C	0.15%	0.17%	0.15%
	EXP	B	0.01%	0.03%	0.01%
	EXPD	C	0.06%	0.04%	0.04%
	EXR	C	0.13%	0.03%	0.03%
	F	C	0.17%	0.33%	0.17%
	FAF	A	0.03%	0.04%	0.03%
	FANG	C	0.13%	0.05%	0.05%
	FAST	B	0.03%	0.07%	0.03%
	FBIN	D	0.04%	0.04%	0.04%
	FCNCA	A	0.1%	0.02%	0.02%
	FCX	F	0.24%	0.14%	0.14%
	FDX	B	0.26%	0.32%	0.26%
	FE	C	0.09%	0.09%	0.09%
	FFIV	B	0.05%	0.03%	0.03%
	FHN	A	0.04%	0.03%	0.03%
	FI	A	0.32%	0.13%	0.13%
	FIS	C	0.19%	0.12%	0.12%
	FITB	B	0.12%	0.13%	0.12%
	FLO	D	0.02%	0.02%	0.02%
	FMC	D	0.03%	0.03%	0.03%
	FNF	B	0.06%	0.06%	0.06%
	FOXA	A	0.04%	0.1%	0.04%
	FSLR	F	0.08%	0.01%	0.01%
	FTI	A	0.05%	0.01%	0.01%
	FTNT	C	0.04%	0.03%	0.03%
	FTV	C	0.1%	0.03%	0.03%
	FYBR	C	0.03%	0.04%	0.03%
	G	B	0.03%	0.03%	0.03%
	GAP	C	0.02%	0.04%	0.02%
	GD	D	0.31%	0.21%	0.21%
	GE	D	0.59%	0.15%	0.15%
	GEHC	D	0.13%	0.09%	0.09%
	GEN	B	0.06%	0.04%	0.04%
	GEV	B	0.35%	0.04%	0.04%
	GGG	B	0.06%	0.02%	0.02%
	GILD	C	0.43%	0.37%	0.37%
	GIS	D	0.14%	0.11%	0.11%
	GL	C	0.04%	0.03%	0.03%
	GLPI	C	0.05%	0.02%	0.02%
	GLW	B	0.14%	0.14%	0.14%
	GM	C	0.25%	0.79%	0.25%
	GNRC	C	0.02%	0.02%	0.02%
	GNTX	C	0.03%	0.03%	0.03%
	GPC	D	0.07%	0.05%	0.05%
	GPK	C	0.03%	0.03%	0.03%
	GPN	B	0.11%	0.09%	0.09%
	GRMN	B	0.12%	0.03%	0.03%
	GS	A	0.53%	0.62%	0.53%
	GWW	B	0.03%	0.08%	0.03%
	GXO	B	0.03%	0.02%	0.02%
	HAL	C	0.1%	0.06%	0.06%
	HAS	D	0.0%	0.03%	0.0%
	HBAN	A	0.1%	0.08%	0.08%
	HCA	F	0.19%	0.2%	0.19%
	HD	B	0.32%	0.8%	0.32%
	HES	B	0.06%	0.06%	0.06%
	HIG	B	0.13%	0.14%	0.13%
	HII	F	0.03%	0.03%	0.03%
	HLT	A	0.12%	0.06%	0.06%
	HOG	D	0.02%	0.02%	0.02%
	HOLX	D	0.07%	0.04%	0.04%
	HON	C	0.49%	0.37%	0.37%
	HPE	B	0.11%	0.21%	0.11%
	HPQ	B	0.11%	0.21%	0.11%
	HRB	D	0.03%	0.01%	0.01%
	HRL	D	0.03%	0.03%	0.03%
	HSIC	C	0.03%	0.04%	0.03%
	HST	C	0.05%	0.04%	0.04%
	HSY	F	0.08%	0.04%	0.04%
	HUBB	B	0.09%	0.03%	0.03%
	HUM	C	0.13%	0.19%	0.13%
	HUN	F	0.01%	0.03%	0.01%
	HWM	A	0.17%	0.07%	0.07%
	IBM	C	0.73%	0.54%	0.54%
	ICE	C	0.34%	0.11%	0.11%
	IEX	C	0.07%	0.03%	0.03%
	IFF	D	0.09%	0.05%	0.05%
	ILMN	C	0.08%	0.03%	0.03%
	INGR	C	0.04%	0.05%	0.04%
	INTC	C	0.4%	0.89%	0.4%
	INVH	D	0.08%	0.03%	0.03%
	IP	A	0.08%	0.17%	0.08%
	IPG	D	0.04%	0.04%	0.04%
	IQV	F	0.12%	0.07%	0.07%
	IR	B	0.16%	0.03%	0.03%
	IRM	C	0.06%	0.06%	0.06%
	ITT	A	0.05%	0.03%	0.03%
	ITW	B	0.19%	0.15%	0.15%
	IVZ	B	0.03%	0.05%	0.03%
	J	D	0.07%	0.05%	0.05%
	JAZZ	B	0.03%	0.01%	0.01%
	JBHT	C	0.06%	0.05%	0.05%
	JBL	C	0.05%	0.06%	0.05%
	JCI	B	0.22%	0.16%	0.16%
	JEF	A	0.04%	0.06%	0.04%
	JHG	B	0.02%	0.03%	0.02%
	JKHY	D	0.05%	0.02%	0.02%
	JLL	D	0.03%	0.08%	0.03%
	JNJ	C	1.44%	0.89%	0.89%
	JNPR	D	0.05%	0.05%	0.05%
	JPM	A	2.73%	2.03%	2.03%
	JWN	D	0.01%	0.01%	0.01%
	K	A	0.08%	0.07%	0.07%
	KBR	F	0.03%	0.02%	0.02%
	KD	B	0.02%	0.05%	0.02%
	KDP	F	0.14%	0.07%	0.07%
	KEY	B	0.07%	0.1%	0.07%
	KEYS	A	0.1%	0.04%	0.04%
	KHC	F	0.11%	0.09%	0.09%
	KIM	A	0.06%	0.03%	0.03%
	KKR	A	0.28%	0.12%	0.12%
	KMB	C	0.1%	0.1%	0.1%
	KMI	A	0.21%	0.23%	0.21%
	KMX	B	0.04%	0.06%	0.04%
	KNX	C	0.03%	0.04%	0.03%
	KO	D	0.4%	0.35%	0.35%
	KR	B	0.15%	0.3%	0.15%
	KSS	F	0.01%	0.06%	0.01%
	KVUE	A	0.18%	0.05%	0.05%
	L	A	0.06%	0.05%	0.05%
	LAD	A	0.04%	0.07%	0.04%
	LAMR	C	0.03%	0.02%	0.02%
	LDOS	C	0.08%	0.07%	0.07%
	LEA	F	0.02%	0.05%	0.02%
	LECO	C	0.03%	0.02%	0.02%
	LEG	F	0.01%	0.02%	0.01%
	LEN	D	0.01%	0.16%	0.01%
	LEN	D	0.16%	0.16%	0.16%
	LH	B	0.08%	0.09%	0.08%
	LHX	C	0.18%	0.16%	0.16%
	LIN	C	0.84%	0.33%	0.33%
	LKQ	F	0.04%	0.05%	0.04%
	LMT	D	0.3%	0.37%	0.3%
	LNC	C	0.02%	0.05%	0.02%
	LNG	A	0.09%	0.06%	0.06%
	LNT	A	0.06%	0.04%	0.04%
	LOW	C	0.6%	0.43%	0.43%
	LPX	B	0.01%	0.04%	0.01%
	LSTR	D	0.03%	0.03%	0.03%
	LUV	C	0.08%	0.02%	0.02%
	LW	C	0.03%	0.02%	0.02%
	LYB	F	0.08%	0.14%	0.08%
	M	F	0.02%	0.06%	0.02%
	MAA	B	0.07%	0.03%	0.03%
	MAN	F	0.01%	0.04%	0.01%
	MAR	A	0.25%	0.09%	0.09%
	MAS	D	0.07%	0.05%	0.05%
	MCD	D	0.77%	0.34%	0.34%
	MCHP	F	0.13%	0.05%	0.05%
	MCK	A	0.17%	0.11%	0.11%
	MDLZ	F	0.34%	0.2%	0.2%
	MDT	D	0.44%	0.16%	0.16%
	MDU	D	0.01%	0.02%	0.01%
	MET	A	0.19%	0.26%	0.19%
	MGM	D	0.03%	0.06%	0.03%
	MHK	D	0.03%	0.06%	0.03%
	MIDD	C	0.03%	0.02%	0.02%
	MKC	C	0.07%	0.03%	0.03%
	MKL	A	0.06%	0.05%	0.05%
	MKSI	C	0.03%	0.02%	0.02%
	MLM	C	0.13%	0.04%	0.04%
	MMC	B	0.37%	0.14%	0.14%
	MMM	D	0.23%	0.35%	0.23%
	MNST	C	0.03%	0.05%	0.03%
	MO	A	0.37%	0.37%	0.37%
	MOH	F	0.02%	0.05%	0.02%
	MOS	F	0.03%	0.06%	0.03%
	MPC	D	0.22%	0.4%	0.22%
	MPW	F	0.01%	0.02%	0.01%
	MRNA	F	0.05%	0.03%	0.03%
	MRO	B	0.06%	0.09%	0.06%
	MRVL	B	0.27%	0.04%	0.04%
	MS	A	0.57%	0.46%	0.46%
	MSCI	C	0.08%	0.03%	0.03%
	MSI	B	0.16%	0.07%	0.07%
	MSM	C	0.01%	0.01%	0.01%
	MTB	A	0.14%	0.11%	0.11%
	MTD	F	0.1%	0.03%	0.03%
	MTG	C	0.03%	0.02%	0.02%
	MTN	C	0.0%	0.02%	0.0%
	MTZ	B	0.03%	0.03%	0.03%
	MU	D	0.41%	0.38%	0.38%
	NDAQ	A	0.13%	0.03%	0.03%
	NDSN	B	0.06%	0.02%	0.02%
	NEE	C	0.61%	0.24%	0.24%
	NEM	D	0.18%	0.13%	0.13%
	NFG	A	0.02%	0.02%	0.02%
	NI	A	0.06%	0.05%	0.05%
	NKE	F	0.14%	0.19%	0.14%
	NOC	D	0.26%	0.2%	0.2%
	NOV	C	0.02%	0.02%	0.02%
	NRG	B	0.04%	0.1%	0.04%
	NSC	B	0.23%	0.21%	0.21%
	NTAP	C	0.05%	0.07%	0.05%
	NTRS	A	0.08%	0.08%	0.08%
	NUE	C	0.14%	0.19%	0.14%
	NVR	D	0.1%	0.08%	0.08%
	NVT	B	0.05%	0.02%	0.02%
	NWL	C	0.02%	0.03%	0.02%
	NWSA	A	0.04%	0.04%	0.04%
	NXST	C	0.01%	0.03%	0.01%
	O	C	0.19%	0.04%	0.04%
	OC	A	0.07%	0.07%	0.07%
	OGE	A	0.03%	0.03%	0.03%
	OGN	F	0.02%	0.04%	0.02%
	OKE	A	0.25%	0.14%	0.14%
	OLN	F	0.02%	0.03%	0.02%
	OMC	C	0.07%	0.08%	0.07%
	OMF	A	0.02%	0.06%	0.02%
	ON	D	0.11%	0.04%	0.04%
	ORI	A	0.04%	0.05%	0.04%
	ORLY	B	0.02%	0.11%	0.02%
	OSK	C	0.03%	0.04%	0.03%
	OTIS	C	0.16%	0.05%	0.05%
	OVV	B	0.05%	0.06%	0.05%
	OXY	D	0.13%	0.11%	0.11%
	PAG	B	0.01%	0.02%	0.01%
	PARA	C	0.02%	0.11%	0.02%
	PAYX	B	0.11%	0.06%	0.06%
	PCAR	B	0.22%	0.15%	0.15%
	PCG	A	0.18%	0.03%	0.03%
	PEG	A	0.17%	0.11%	0.11%
	PENN	C	0.01%	0.02%	0.01%
	PEP	F	0.18%	0.41%	0.18%
	PFE	F	0.55%	0.68%	0.55%
	PFG	D	0.08%	0.09%	0.08%
	PFGC	B	0.04%	0.06%	0.04%
	PG	C	1.21%	0.77%	0.77%
	PGR	A	0.09%	0.23%	0.09%
	PH	A	0.35%	0.13%	0.13%
	PHM	D	0.1%	0.11%	0.1%
	PII	F	0.01%	0.02%	0.01%
	PK	C	0.01%	0.02%	0.01%
	PKG	A	0.08%	0.07%	0.07%
	PLD	F	0.41%	0.07%	0.07%
	PM	B	0.78%	0.48%	0.48%
	PNC	B	0.32%	0.3%	0.3%
	PNR	A	0.07%	0.04%	0.04%
	PNW	A	0.04%	0.04%	0.04%
	POST	C	0.02%	0.02%	0.02%
	PPG	F	0.11%	0.08%	0.08%
	PPL	A	0.1%	0.11%	0.1%
	PRGO	C	0.01%	0.01%	0.01%
	PRI	B	0.04%	0.03%	0.03%
	PRU	A	0.18%	0.22%	0.18%
	PSA	C	0.17%	0.05%	0.05%
	PSX	C	0.21%	0.36%	0.21%
	PVH	C	0.02%	0.04%	0.02%
	PWR	A	0.13%	0.07%	0.07%
	PYPL	B	0.34%	0.22%	0.22%
	QCOM	F	0.04%	0.43%	0.04%
	QRVO	F	0.02%	0.03%	0.02%
	R	B	0.03%	0.07%	0.03%
	REG	A	0.05%	0.02%	0.02%
	REGN	F	0.28%	0.1%	0.1%
	RF	A	0.09%	0.09%	0.09%
	RGA	A	0.06%	0.04%	0.04%
	RHI	C	0.03%	0.04%	0.03%
	RJF	A	0.12%	0.05%	0.05%
	RL	C	0.03%	0.03%	0.03%
	RMD	C	0.1%	0.03%	0.03%
	ROK	C	0.12%	0.06%	0.06%
	ROP	B	0.23%	0.05%	0.05%
	ROST	D	0.14%	0.07%	0.07%
	RPM	A	0.05%	0.04%	0.04%
	RRX	B	0.04%	0.03%	0.03%
	RS	B	0.07%	0.09%	0.07%
	RSG	A	0.17%	0.06%	0.06%
	RTX	D	0.61%	0.34%	0.34%
	RVTY	F	0.05%	0.03%	0.03%
	SAIC	F	0.02%	0.02%	0.02%
	SBAC	D	0.09%	0.02%	0.02%
	SBUX	A	0.1%	0.28%	0.1%
	SCHW	B	0.42%	0.13%	0.13%
	SCI	B	0.05%	0.03%	0.03%
	SEE	C	0.02%	0.03%	0.02%
	SEIC	B	0.03%	0.03%	0.03%
	SHW	B	0.03%	0.08%	0.03%
	SJM	D	0.04%	0.05%	0.04%
	SKX	D	0.03%	0.02%	0.02%
	SLB	C	0.24%	0.12%	0.12%
	SLM	A	0.02%	0.04%	0.02%
	SNA	A	0.07%	0.06%	0.06%
	SNV	C	0.03%	0.03%	0.03%
	SNX	D	0.03%	0.03%	0.03%
	SO	C	0.37%	0.26%	0.26%
	SOLV	D	0.04%	0.02%	0.02%
	SON	F	0.02%	0.02%	0.02%
	SPG	A	0.17%	0.1%	0.1%
	SPGI	C	0.61%	0.15%	0.15%
	SQ	A	0.11%	0.03%	0.03%
	SRE	A	0.23%	0.13%	0.13%
	SSNC	B	0.06%	0.04%	0.04%
	ST	F	0.02%	0.02%	0.02%
	STE	D	0.08%	0.03%	0.03%
	STLD	B	0.08%	0.11%	0.08%
	STT	B	0.11%	0.1%	0.1%
	STWD	C	0.02%	0.02%	0.02%
	STZ	D	0.15%	0.07%	0.07%
	SUI	C	0.06%	0.02%	0.02%
	SW	A	0.1%	0.09%	0.09%
	SWK	D	0.05%	0.07%	0.05%
	SWKS	F	0.05%	0.04%	0.04%
	SYF	B	0.1%	0.34%	0.1%
	SYK	B	0.39%	0.13%	0.13%
	SYY	D	0.06%	0.1%	0.06%
	T	A	0.63%	1.27%	0.63%
	TAP	C	0.04%	0.05%	0.04%
	TDG	D	0.21%	0.06%	0.06%
	TDY	B	0.08%	0.03%	0.03%
	TER	F	0.01%	0.04%	0.01%
	TFC	A	0.24%	0.23%	0.23%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.27%	0.38%	0.27%
	THC	D	0.06%	0.07%	0.06%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.02%	0.04%	0.02%
	TJX	A	0.22%	0.22%	0.22%
	TKR	D	0.02%	0.02%	0.02%
	TMO	F	0.76%	0.25%	0.25%
	TMUS	B	0.44%	0.25%	0.25%
	TNL	A	0.01%	0.01%	0.01%
	TOL	B	0.06%	0.06%	0.06%
	TPR	B	0.05%	0.05%	0.05%
	TRMB	B	0.07%	0.03%	0.03%
	TROW	B	0.1%	0.13%	0.1%
	TRU	D	0.07%	0.03%	0.03%
	TRV	B	0.23%	0.31%	0.23%
	TSN	B	0.07%	0.2%	0.07%
	TT	A	0.24%	0.06%	0.06%
	TTC	C	0.03%	0.02%	0.02%
	TTWO	A	0.12%	0.03%	0.03%
	TXN	C	0.63%	0.34%	0.34%
	TXT	D	0.06%	0.06%	0.06%
	UDR	B	0.06%	0.02%	0.02%
	UGI	C	0.02%	0.04%	0.02%
	UHAL	D	0.01%	0.02%	0.01%
	UHS	D	0.05%	0.08%	0.05%
	ULTA	F	0.01%	0.03%	0.01%
	UNH	B	1.98%	1.22%	1.22%
	UNM	A	0.05%	0.06%	0.05%
	UNP	C	0.29%	0.35%	0.29%
	UPS	C	0.38%	0.28%	0.28%
	URI	C	0.17%	0.13%	0.13%
	USB	A	0.3%	0.32%	0.3%
	USFD	A	0.06%	0.08%	0.06%
	VAC	C	0.01%	0.02%	0.01%
	VFC	C	0.03%	0.07%	0.03%
	VICI	C	0.13%	0.02%	0.02%
	VLO	C	0.17%	0.39%	0.17%
	VMC	B	0.11%	0.05%	0.05%
	VNO	C	0.03%	0.05%	0.03%
	VOYA	B	0.03%	0.03%	0.03%
	VRSN	C	0.06%	0.01%	0.01%
	VRTX	D	0.23%	0.07%	0.07%
	VTR	B	0.1%	0.08%	0.08%
	VTRS	A	0.06%	0.1%	0.06%
	VZ	C	0.68%	1.13%	0.68%
	WAB	B	0.13%	0.06%	0.06%
	WAT	C	0.03%	0.04%	0.03%
	WBA	F	0.02%	0.17%	0.02%
	WBD	B	0.09%	0.08%	0.08%
	WCC	B	0.04%	0.04%	0.04%
	WDC	D	0.08%	0.12%	0.08%
	WEC	A	0.12%	0.08%	0.08%
	WELL	A	0.32%	0.1%	0.1%
	WFC	A	1.01%	1.35%	1.01%
	WHR	B	0.02%	0.08%	0.02%
	WLK	D	0.02%	0.02%	0.02%
	WMB	A	0.27%	0.17%	0.17%
	WMT	A	1.42%	1.47%	1.42%
	WPC	C	0.05%	0.02%	0.02%
	WRB	A	0.07%	0.03%	0.03%
	WSM	C	0.03%	0.04%	0.03%
	WSO	A	0.07%	0.03%	0.03%
	WST	C	0.03%	0.02%	0.02%
	WTRG	B	0.04%	0.01%	0.01%
	WTW	B	0.12%	0.07%	0.07%
	WU	F	0.01%	0.03%	0.01%
	WY	F	0.09%	0.09%	0.09%
	X	B	0.03%	0.07%	0.03%
	XEL	A	0.15%	0.12%	0.12%
	XOM	B	2.08%	1.99%	1.99%
	XRAY	F	0.01%	0.01%	0.01%
	XYL	D	0.11%	0.03%	0.03%
	YUM	D	0.09%	0.08%	0.08%
	ZBH	C	0.09%	0.05%	0.05%
	ZBRA	B	0.06%	0.04%	0.04%
	ZION	B	0.03%	0.06%	0.03%
	ZTS	D	0.05%	0.07%	0.05%

GVUS Overweight 240 Positions Relative to FNDX

	Symbol	Grade	Weight
	MSTR	B	0.19%
	RCL	A	0.14%
	UAL	A	0.12%
	CSGP	D	0.11%
	ZM	C	0.08%
	HOOD	B	0.08%
	RBA	A	0.07%
	IBKR	A	0.07%
	UTHR	C	0.06%
	CVNA	B	0.06%
	Z	A	0.05%
	SOFI	B	0.05%
	FDS	B	0.05%
	BMRN	F	0.05%
	NTNX	B	0.05%
	CLH	C	0.05%
	AMH	C	0.05%
	AFRM	A	0.05%
	ELS	C	0.05%
	TWLO	A	0.05%
	RNR	C	0.05%
	VLTO	C	0.05%
	TW	A	0.04%
	GMED	A	0.04%
	QGEN	D	0.04%
	REXR	F	0.04%
	BWXT	B	0.04%
	RGLD	C	0.04%
	FRT	B	0.04%
	BRBR	A	0.04%
	PNFP	B	0.04%
	MKTX	D	0.04%
	WAL	B	0.04%
	COIN	C	0.04%
	DTM	A	0.04%
	DAY	B	0.04%
	OHI	C	0.04%
	GME	C	0.04%
	RPRX	D	0.04%
	WWD	C	0.04%
	WBS	A	0.04%
	TECH	F	0.04%
	CUBE	C	0.04%
	INCY	C	0.04%
	SF	B	0.04%
	COLB	B	0.03%
	CGNX	D	0.03%
	BILL	A	0.03%
	STAG	D	0.03%
	AGNC	C	0.03%
	VMI	B	0.03%
	AXS	A	0.03%
	WEX	D	0.03%
	RLI	A	0.03%
	FND	D	0.03%
	MTSI	B	0.03%
	FCN	F	0.03%
	ELAN	D	0.03%
	SSD	F	0.03%
	ATI	C	0.03%
	FR	D	0.03%
	COKE	C	0.03%
	ESAB	C	0.03%
	WH	B	0.03%
	PR	B	0.03%
	LBRDK	C	0.03%
	PB	B	0.03%
	ROKU	D	0.03%
	KEX	B	0.03%
	DASH	B	0.03%
	ADC	A	0.03%
	NNN	C	0.03%
	FLS	B	0.03%
	RIVN	F	0.03%
	CHRD	D	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	APG	B	0.03%
	WTFC	A	0.03%
	TKO	A	0.03%
	CFR	B	0.03%
	FICO	B	0.03%
	HLI	A	0.03%
	EGP	D	0.03%
	NYT	D	0.03%
	CR	A	0.03%
	CBSH	B	0.03%
	GWRE	A	0.03%
	WYNN	C	0.03%
	TTEK	F	0.03%
	PTC	B	0.03%
	RBC	A	0.03%
	SITE	F	0.02%
	WTM	A	0.02%
	TPG	A	0.02%
	PAYC	B	0.02%
	DLB	B	0.02%
	GTES	A	0.02%
	KMPR	A	0.02%
	AWI	A	0.02%
	EEFT	B	0.02%
	RYN	D	0.02%
	SLGN	A	0.02%
	PSN	D	0.02%
	WSC	F	0.02%
	KRC	B	0.02%
	CUZ	B	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	FRPT	A	0.02%
	AGO	B	0.02%
	HXL	F	0.02%
	BYD	B	0.02%
	BFAM	D	0.02%
	OZK	B	0.02%
	LFUS	D	0.02%
	SN	D	0.02%
	WMS	F	0.02%
	LITE	B	0.02%
	CRUS	D	0.02%
	EXAS	D	0.02%
	RGEN	D	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	FOX	A	0.02%
	H	B	0.02%
	ONTO	F	0.02%
	IDA	A	0.02%
	SAIA	B	0.02%
	FNB	A	0.02%
	XP	F	0.02%
	VNT	C	0.02%
	S	B	0.02%
	BIO	C	0.02%
	MTDR	B	0.02%
	COLD	D	0.02%
	ESI	B	0.02%
	OKTA	C	0.02%
	SIRI	C	0.02%
	MSA	F	0.02%
	MAT	D	0.02%
	DDS	B	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%
	EXEL	B	0.01%
	UA	C	0.01%
	LCID	F	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	SHC	F	0.01%
	ADTN	A	0.01%
	VSTS	C	0.01%
	RKT	F	0.01%
	PPC	C	0.01%
	AZEK	A	0.01%
	BRKR	D	0.01%
	PSTG	D	0.01%
	GO	C	0.01%
	ETSY	D	0.01%
	LYFT	C	0.01%
	MP	C	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	UAA	C	0.01%
	RCM	A	0.01%
	SAM	C	0.01%
	AZTA	D	0.01%
	YETI	D	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	HHH	B	0.01%
	CNM	D	0.01%
	CWEN	C	0.01%
	HAYW	B	0.01%
	ENOV	C	0.01%
	BOKF	B	0.01%
	SPB	C	0.01%
	BROS	A	0.01%
	AGR	A	0.01%
	CXT	C	0.01%
	COTY	F	0.01%
	COLM	C	0.01%
	VIRT	A	0.01%
	AMKR	D	0.01%
	U	C	0.01%
	AMED	F	0.01%
	IRDM	D	0.01%
	SPR	D	0.01%
	NSA	C	0.01%
	LOPE	C	0.01%
	SMG	C	0.01%
	ZI	D	0.01%
	MASI	B	0.01%
	ZG	A	0.01%
	EPR	C	0.01%
	ALNY	D	0.01%
	BHF	C	0.01%
	ACHC	F	0.01%
	ASH	F	0.01%
	AM	A	0.01%
	FHB	B	0.01%
	IAC	F	0.01%
	HIW	C	0.01%
	NVST	B	0.01%
	W	D	0.01%
	NWS	A	0.01%
	NEU	D	0.01%
	OLED	F	0.01%
	GFS	C	0.01%
	CIVI	D	0.01%
	TYL	B	0.01%
	MSGS	A	0.01%
	DNB	B	0.01%
	PLNT	A	0.01%
	RH	C	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	B	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%
	CNA	C	0.0%
	INFA	D	0.0%
	LBRDA	C	0.0%
	CWEN	C	0.0%
	DV	C	0.0%
	NCNO	C	0.0%

GVUS Underweight 126 Positions Relative to FNDX

	Symbol	Grade	Weight
	AAPL	C	-4.35%
	MSFT	D	-2.43%
	META	D	-1.79%
	AMZN	C	-1.56%
	GOOGL	C	-1.33%
	GOOG	C	-1.14%
	COST	A	-0.66%
	LUMN	C	-0.65%
	AVGO	D	-0.61%
	ORCL	A	-0.5%
	MRK	D	-0.42%
	NVDA	B	-0.4%
	V	A	-0.36%
	MA	B	-0.29%
	TSLA	B	-0.28%
	ADBE	C	-0.2%
	LLY	F	-0.2%
	NFLX	A	-0.17%
	VST	A	-0.16%
	LRCX	F	-0.15%
	WM	B	-0.15%
	BX	A	-0.13%
	INTU	B	-0.11%
	AMT	C	-0.11%
	ISRG	A	-0.09%
	STX	C	-0.09%
	KLAC	F	-0.08%
	WKC	C	-0.08%
	TRGP	A	-0.07%
	MCO	B	-0.07%
	ODFL	C	-0.06%
	DVA	C	-0.06%
	TSCO	D	-0.06%
	CPAY	A	-0.06%
	FLEX	B	-0.06%
	NXPI	D	-0.05%
	EQH	C	-0.05%
	TDS	B	-0.05%
	GPI	B	-0.05%
	SFM	A	-0.05%
	BFH	C	-0.05%
	ANET	C	-0.04%
	UBER	F	-0.04%
	BCC	B	-0.04%
	EXPE	B	-0.04%
	ZIM	C	-0.04%
	UFPI	C	-0.04%
	LVS	B	-0.04%
	CMG	B	-0.04%
	CNO	B	-0.04%
	CLX	A	-0.04%
	TMHC	C	-0.04%
	GT	C	-0.04%
	MUSA	B	-0.04%
	LPLA	A	-0.04%
	VRSK	A	-0.04%
	JXN	C	-0.04%
	BTU	B	-0.03%
	KBH	D	-0.03%
	BURL	B	-0.03%
	TPH	D	-0.03%
	LII	A	-0.03%
	GDDY	A	-0.03%
	FLR	B	-0.03%
	ABG	C	-0.03%
	FL	F	-0.03%
	MTH	D	-0.03%
	SNPS	B	-0.03%
	GNW	A	-0.03%
	CMC	B	-0.03%
	IT	C	-0.03%
	DECK	A	-0.03%
	PANW	B	-0.03%
	BAH	F	-0.03%
	CDNS	B	-0.03%
	PBF	D	-0.03%
	ADSK	A	-0.03%
	SANM	B	-0.03%
	HBI	B	-0.03%
	MLI	B	-0.03%
	ODP	F	-0.02%
	ALV	C	-0.02%
	ADNT	F	-0.02%
	MATX	C	-0.02%
	CHKP	C	-0.02%
	ARCH	B	-0.02%
	AER	A	-0.02%
	NSIT	F	-0.02%
	POR	C	-0.02%
	XRX	F	-0.02%
	ASO	F	-0.02%
	WERN	C	-0.02%
	OI	C	-0.02%
	ASGN	F	-0.02%
	NAVI	F	-0.02%
	SM	B	-0.02%
	CCEP	C	-0.02%
	MUR	D	-0.02%
	TPX	B	-0.02%
	HUBG	A	-0.02%
	SLG	B	-0.02%
	IDXX	F	-0.02%
	POOL	C	-0.02%
	BECN	B	-0.02%
	ABM	B	-0.02%
	RUSHA	C	-0.02%
	REZI	A	-0.02%
	COR	B	-0.02%
	TGNA	B	-0.02%
	BAP	A	-0.02%
	VSH	F	-0.01%
	ANDE	D	-0.01%
	LILAK	D	-0.01%
	ICLR	D	-0.01%
	SPTN	D	-0.01%
	MMS	F	-0.01%
	AEO	F	-0.01%
	CYH	F	-0.01%
	NOW	A	-0.01%
	QRTEA	F	-0.01%
	DK	C	-0.01%
	HTZ	C	-0.01%
	DAN	D	-0.01%
	LULU	C	-0.01%
	UNFI	A	-0.01%
	CNX	A	-0.01%

GVUS: Top Represented Industries & Keywords

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

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

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Business Services Oil & Gas E&P Specialty Retail Banks - Regional - US Software - Application Information Technology Services Semiconductors Diagnostics & Research Specialty Chemicals Credit Services Packaged Foods Packaging & Containers Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

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