GVUS vs. FTA ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

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

$51.06

Average Daily Volume

40,795

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.95

Average Daily Volume

40,498

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	FTA
30 Days	5.27%	6.28%
60 Days	5.61%	6.56%
90 Days	7.11%	7.73%
12 Months		27.44%

184 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in FTA	Overlap
	ACN	B	0.86%	0.18%	0.18%
	ADM	F	0.1%	0.77%	0.1%
	AEE	A	0.09%	0.72%	0.09%
	AEP	D	0.2%	0.47%	0.2%
	AFL	B	0.24%	0.5%	0.24%
	AIG	B	0.19%	0.91%	0.19%
	AKAM	F	0.05%	0.45%	0.05%
	ALLY	C	0.03%	0.71%	0.03%
	APD	A	0.27%	0.18%	0.18%
	APTV	F	0.06%	0.66%	0.06%
	ARE	D	0.07%	0.32%	0.07%
	ATO	A	0.08%	0.73%	0.08%
	AWK	D	0.1%	0.15%	0.1%
	BAC	A	1.23%	0.59%	0.59%
	BBY	D	0.08%	0.45%	0.08%
	BG	F	0.05%	0.8%	0.05%
	BIIB	F	0.09%	0.44%	0.09%
	BKR	C	0.17%	0.61%	0.17%
	BLDR	C	0.07%	0.48%	0.07%
	C	A	0.51%	0.76%	0.51%
	CAG	D	0.05%	0.14%	0.05%
	CARR	C	0.24%	0.33%	0.24%
	CB	D	0.45%	0.7%	0.45%
	CE	F	0.02%	0.48%	0.02%
	CF	B	0.06%	0.7%	0.06%
	CFG	B	0.08%	0.8%	0.08%
	CHTR	C	0.14%	0.62%	0.14%
	CI	D	0.32%	0.16%	0.16%
	CINF	A	0.09%	0.96%	0.09%
	CMCSA	C	0.64%	0.91%	0.64%
	CMI	A	0.19%	0.19%	0.19%
	CMS	C	0.08%	0.34%	0.08%
	CNC	F	0.12%	0.55%	0.12%
	CNP	A	0.08%	0.72%	0.08%
	COF	B	0.27%	0.86%	0.27%
	COP	D	0.51%	0.94%	0.51%
	CPB	D	0.03%	0.16%	0.03%
	CRBG	B	0.03%	0.74%	0.03%
	CSCO	A	0.91%	0.38%	0.38%
	CSX	B	0.27%	0.36%	0.27%
	CTRA	B	0.07%	0.93%	0.07%
	CTSH	B	0.15%	0.73%	0.15%
	CTVA	B	0.15%	0.17%	0.15%
	CVS	D	0.26%	0.77%	0.26%
	CVX	B	1.08%	0.96%	0.96%
	D	C	0.19%	0.5%	0.19%
	DAL	B	0.16%	1.12%	0.16%
	DD	D	0.13%	0.16%	0.13%
	DE	B	0.39%	0.48%	0.39%
	DG	F	0.06%	0.64%	0.06%
	DGX	B	0.07%	0.52%	0.07%
	DHI	D	0.19%	0.6%	0.19%
	DIS	B	0.82%	0.4%	0.4%
	DOC	C	0.06%	0.33%	0.06%
	DOW	F	0.12%	0.42%	0.12%
	DRI	B	0.04%	0.36%	0.04%
	DTE	C	0.1%	0.48%	0.1%
	DUK	C	0.34%	0.49%	0.34%
	DVN	F	0.09%	0.88%	0.09%
	EBAY	C	0.12%	0.49%	0.12%
	ED	D	0.13%	0.64%	0.13%
	EG	C	0.05%	0.82%	0.05%
	EIX	A	0.12%	0.33%	0.12%
	ELV	F	0.31%	0.27%	0.27%
	EOG	C	0.3%	0.97%	0.3%
	EQR	B	0.11%	0.5%	0.11%
	EQT	B	0.09%	0.82%	0.09%
	ETR	B	0.12%	0.78%	0.12%
	EXC	D	0.15%	0.66%	0.15%
	EXPD	C	0.06%	0.16%	0.06%
	F	C	0.17%	0.92%	0.17%
	FANG	F	0.13%	0.74%	0.13%
	FDX	B	0.26%	0.75%	0.26%
	FE	D	0.09%	0.32%	0.09%
	FITB	B	0.12%	0.57%	0.12%
	FNF	B	0.06%	0.34%	0.06%
	FOXA	C	0.04%	0.98%	0.04%
	FTV	B	0.1%	0.16%	0.1%
	GD	F	0.31%	0.17%	0.17%
	GIS	D	0.14%	0.31%	0.14%
	GM	B	0.25%	1.13%	0.25%
	GPC	D	0.07%	0.31%	0.07%
	HAL	C	0.1%	0.91%	0.1%
	HBAN	B	0.1%	0.84%	0.1%
	HD	A	0.32%	0.17%	0.17%
	HIG	B	0.13%	0.69%	0.13%
	HOLX	D	0.07%	0.16%	0.07%
	HPE	B	0.11%	0.92%	0.11%
	HPQ	B	0.11%	0.36%	0.11%
	HRL	D	0.03%	0.49%	0.03%
	HSY	F	0.08%	0.33%	0.08%
	HUM	C	0.13%	0.31%	0.13%
	IEX	B	0.07%	0.18%	0.07%
	INTC	C	0.4%	0.75%	0.4%
	IP	B	0.08%	0.6%	0.08%
	J	F	0.07%	0.18%	0.07%
	JBHT	C	0.06%	0.38%	0.06%
	JNJ	D	1.44%	0.33%	0.33%
	KDP	D	0.14%	0.31%	0.14%
	KEY	A	0.07%	0.4%	0.07%
	KEYS	B	0.1%	0.17%	0.1%
	KHC	D	0.11%	0.46%	0.11%
	KIM	A	0.06%	0.37%	0.06%
	KMI	B	0.21%	0.85%	0.21%
	KR	A	0.15%	0.72%	0.15%
	L	B	0.06%	0.74%	0.06%
	LEN	C	0.16%	0.79%	0.16%
	LEN	C	0.01%	0.79%	0.01%
	LH	B	0.08%	0.18%	0.08%
	LHX	C	0.18%	0.18%	0.18%
	LMT	D	0.3%	0.16%	0.16%
	LNG	B	0.09%	0.82%	0.09%
	LNT	A	0.06%	0.5%	0.06%
	LOW	C	0.6%	0.17%	0.17%
	LUV	B	0.08%	0.56%	0.08%
	LYB	F	0.08%	0.76%	0.08%
	MAA	B	0.07%	0.17%	0.07%
	MAS	C	0.07%	0.16%	0.07%
	MDLZ	F	0.34%	0.15%	0.15%
	MDT	D	0.44%	0.16%	0.16%
	MOH	F	0.02%	0.31%	0.02%
	MPC	F	0.22%	0.85%	0.22%
	MS	B	0.57%	0.65%	0.57%
	MTB	B	0.14%	0.61%	0.14%
	NDSN	B	0.06%	0.17%	0.06%
	NI	A	0.06%	0.53%	0.06%
	NKE	F	0.14%	0.15%	0.14%
	NUE	D	0.14%	0.85%	0.14%
	NVR	D	0.1%	0.33%	0.1%
	NWSA	B	0.04%	0.38%	0.04%
	OC	B	0.07%	0.78%	0.07%
	OKE	C	0.25%	0.42%	0.25%
	OMC	C	0.07%	0.17%	0.07%
	ON	C	0.11%	0.65%	0.11%
	OXY	F	0.13%	0.86%	0.13%
	PCAR	B	0.22%	1.02%	0.22%
	PEP	F	0.18%	0.17%	0.17%
	PFG	C	0.08%	0.17%	0.08%
	PHM	C	0.1%	0.79%	0.1%
	PKG	B	0.08%	0.38%	0.08%
	PNC	A	0.32%	0.39%	0.32%
	PPG	D	0.11%	0.33%	0.11%
	PPL	B	0.1%	0.51%	0.1%
	PRU	A	0.18%	0.36%	0.18%
	PSX	C	0.21%	0.87%	0.21%
	PYPL	A	0.34%	0.19%	0.19%
	RF	B	0.09%	0.58%	0.09%
	RGA	A	0.06%	0.37%	0.06%
	RJF	A	0.12%	0.46%	0.12%
	RS	B	0.07%	0.94%	0.07%
	SBUX	B	0.1%	0.17%	0.1%
	SLB	C	0.24%	0.73%	0.24%
	SNA	A	0.07%	0.63%	0.07%
	SRE	A	0.23%	0.76%	0.23%
	SSNC	A	0.06%	0.35%	0.06%
	STLD	B	0.08%	0.96%	0.08%
	STT	A	0.11%	0.55%	0.11%
	SWKS	F	0.05%	0.6%	0.05%
	SYF	A	0.1%	1.14%	0.1%
	SYY	C	0.06%	0.49%	0.06%
	T	A	0.63%	0.89%	0.63%
	TDY	B	0.08%	0.56%	0.08%
	TGT	F	0.27%	0.5%	0.27%
	TOL	A	0.06%	0.87%	0.06%
	TROW	A	0.1%	0.97%	0.1%
	TRV	B	0.23%	0.56%	0.23%
	TSN	B	0.07%	0.38%	0.07%
	TXT	D	0.06%	0.5%	0.06%
	UAL	B	0.12%	1.4%	0.12%
	ULTA	F	0.01%	0.5%	0.01%
	UPS	C	0.38%	0.17%	0.17%
	USB	A	0.3%	0.56%	0.3%
	VLO	C	0.17%	0.91%	0.17%
	VTRS	B	0.06%	0.76%	0.06%
	VZ	B	0.68%	0.64%	0.64%
	WEC	A	0.12%	0.35%	0.12%
	WFC	A	1.01%	0.9%	0.9%
	WLK	D	0.02%	0.3%	0.02%
	WRB	A	0.07%	0.18%	0.07%
	WY	D	0.09%	0.16%	0.09%
	XEL	A	0.15%	0.74%	0.15%
	XOM	C	2.08%	0.9%	0.9%
	ZBH	C	0.09%	0.71%	0.09%
	ZM	B	0.08%	0.42%	0.08%

GVUS Overweight 652 Positions Relative to FTA

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	JPM	B	2.73%
	UNH	B	1.98%
	WMT	B	1.42%
	PG	A	1.21%
	LIN	D	0.84%
	PM	B	0.78%
	ABT	B	0.78%
	MCD	D	0.77%
	TMO	F	0.76%
	IBM	C	0.73%
	ABBV	D	0.65%
	TXN	D	0.63%
	CAT	B	0.63%
	NEE	D	0.61%
	SPGI	C	0.61%
	RTX	D	0.61%
	BLK	C	0.6%
	GE	D	0.59%
	DHR	D	0.58%
	ETN	A	0.56%
	PFE	D	0.55%
	GS	B	0.53%
	BSX	C	0.5%
	HON	B	0.49%
	TMUS	A	0.44%
	BMY	B	0.44%
	GILD	B	0.43%
	SCHW	A	0.42%
	PLD	D	0.41%
	MU	D	0.41%
	ADI	D	0.4%
	KO	D	0.4%
	SYK	C	0.39%
	AXP	A	0.39%
	MMC	A	0.37%
	MO	A	0.37%
	SO	D	0.37%
	PH	A	0.35%
	GEV	C	0.35%
	ICE	D	0.34%
	CME	A	0.32%
	WELL	C	0.32%
	FI	A	0.32%
	EQIX	A	0.31%
	BA	D	0.31%
	AMD	F	0.29%
	AON	A	0.29%
	UNP	C	0.29%
	KKR	B	0.28%
	EMR	A	0.28%
	REGN	F	0.28%
	WMB	B	0.27%
	MRVL	B	0.27%
	NOC	D	0.26%
	MAR	A	0.25%
	BDX	F	0.25%
	TT	B	0.24%
	FCX	F	0.24%
	TFC	B	0.24%
	DLR	A	0.23%
	MMM	D	0.23%
	ROP	B	0.23%
	NSC	A	0.23%
	AJG	A	0.23%
	CEG	D	0.23%
	VRTX	D	0.23%
	TJX	A	0.22%
	JCI	C	0.22%
	BK	A	0.22%
	TDG	D	0.21%
	O	D	0.19%
	HCA	F	0.19%
	MET	A	0.19%
	FIS	D	0.19%
	MSTR	C	0.19%
	ITW	A	0.19%
	PCG	B	0.18%
	CCI	D	0.18%
	KVUE	A	0.18%
	CRM	B	0.18%
	NEM	F	0.18%
	RSG	A	0.17%
	HWM	B	0.17%
	EA	C	0.17%
	SPG	C	0.17%
	URI	B	0.17%
	ALL	B	0.17%
	DFS	B	0.17%
	PEG	A	0.17%
	PSA	C	0.17%
	AME	A	0.17%
	MCK	C	0.17%
	CBRE	B	0.16%
	OTIS	C	0.16%
	IR	A	0.16%
	MSI	C	0.16%
	STZ	D	0.15%
	APH	B	0.14%
	ROST	C	0.14%
	GLW	B	0.14%
	RCL	B	0.14%
	ACGL	D	0.14%
	A	D	0.14%
	NDAQ	A	0.13%
	AVB	B	0.13%
	PWR	A	0.13%
	GEHC	F	0.13%
	EW	C	0.13%
	VICI	C	0.13%
	MCHP	F	0.13%
	AMGN	D	0.13%
	MLM	B	0.13%
	CL	D	0.13%
	WAB	B	0.13%
	EXR	C	0.13%
	HLT	A	0.12%
	ROK	B	0.12%
	TTWO	B	0.12%
	DELL	C	0.12%
	IQV	F	0.12%
	GRMN	A	0.12%
	WTW	B	0.12%
	SQ	B	0.11%
	VMC	B	0.11%
	DOV	A	0.11%
	CSGP	C	0.11%
	ANSS	B	0.11%
	XYL	D	0.11%
	PAYX	B	0.11%
	GPN	C	0.11%
	RMD	C	0.1%
	MTD	F	0.1%
	VTR	D	0.1%
	KMB	C	0.1%
	CHD	B	0.1%
	SW	B	0.1%
	FCNCA	B	0.1%
	IFF	D	0.09%
	WBD	C	0.09%
	YUM	B	0.09%
	PGR	A	0.09%
	HUBB	B	0.09%
	SBAC	D	0.09%
	CCL	B	0.09%
	EFX	D	0.09%
	MSCI	C	0.08%
	ESS	B	0.08%
	FSLR	F	0.08%
	WDC	C	0.08%
	INVH	D	0.08%
	K	A	0.08%
	CBOE	B	0.08%
	NTRS	A	0.08%
	HOOD	B	0.08%
	APO	A	0.08%
	ILMN	C	0.08%
	LDOS	D	0.08%
	STE	F	0.08%
	ES	D	0.08%
	RBA	B	0.07%
	TRMB	B	0.07%
	PNR	B	0.07%
	TRU	D	0.07%
	CSL	B	0.07%
	WSO	A	0.07%
	MKC	D	0.07%
	BALL	D	0.07%
	IBKR	B	0.07%
	EVRG	A	0.06%
	EWBC	B	0.06%
	VRSN	F	0.06%
	IRM	C	0.06%
	HES	C	0.06%
	ACM	A	0.06%
	UDR	B	0.06%
	AMCR	D	0.06%
	THC	D	0.06%
	USFD	A	0.06%
	BRO	B	0.06%
	MKL	A	0.06%
	GGG	B	0.06%
	ZBRA	A	0.06%
	SUI	D	0.06%
	UTHR	C	0.06%
	MRO	B	0.06%
	GEN	A	0.06%
	BAX	F	0.06%
	CVNA	B	0.06%
	Z	B	0.05%
	UHS	D	0.05%
	JNPR	F	0.05%
	OVV	C	0.05%
	CAH	B	0.05%
	SOFI	B	0.05%
	CDW	F	0.05%
	FDS	B	0.05%
	EMN	D	0.05%
	MRNA	F	0.05%
	BMRN	F	0.05%
	SCI	A	0.05%
	NVT	B	0.05%
	NTNX	B	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	HST	C	0.05%
	ALLE	D	0.05%
	WPC	D	0.05%
	EPAM	C	0.05%
	CLH	B	0.05%
	CPT	B	0.05%
	BXP	D	0.05%
	ITT	A	0.05%
	JKHY	D	0.05%
	CASY	B	0.05%
	CHRW	C	0.05%
	AMH	C	0.05%
	AFRM	B	0.05%
	COHR	C	0.05%
	GLPI	B	0.05%
	JBL	C	0.05%
	SWK	D	0.05%
	TPR	A	0.05%
	ELS	C	0.05%
	DLTR	D	0.05%
	RPM	A	0.05%
	NTAP	C	0.05%
	RVTY	D	0.05%
	UNM	A	0.05%
	TWLO	B	0.05%
	RNR	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	FFIV	A	0.05%
	EME	B	0.05%
	VLTO	C	0.05%
	ZTS	D	0.05%
	AVTR	F	0.05%
	TFX	F	0.04%
	TW	B	0.04%
	WCC	B	0.04%
	GMED	A	0.04%
	QGEN	D	0.04%
	CMA	A	0.04%
	REXR	F	0.04%
	DCI	A	0.04%
	BWXT	B	0.04%
	FBIN	D	0.04%
	ADP	B	0.04%
	RGLD	D	0.04%
	FRT	A	0.04%
	SOLV	C	0.04%
	INGR	B	0.04%
	BRBR	B	0.04%
	EL	F	0.04%
	PNFP	B	0.04%
	ORI	A	0.04%
	AYI	B	0.04%
	CNH	A	0.04%
	JEF	A	0.04%
	GL	C	0.04%
	CIEN	B	0.04%
	DOX	D	0.04%
	MKTX	D	0.04%
	WAL	B	0.04%
	WTRG	B	0.04%
	COIN	B	0.04%
	DPZ	C	0.04%
	CRL	C	0.04%
	EHC	B	0.04%
	DTM	B	0.04%
	AVY	D	0.04%
	DAY	A	0.04%
	OHI	D	0.04%
	AES	F	0.04%
	GME	C	0.04%
	ARMK	A	0.04%
	LAD	B	0.04%
	AFG	A	0.04%
	RPRX	D	0.04%
	BLD	C	0.04%
	WWD	B	0.04%
	LKQ	D	0.04%
	IPG	C	0.04%
	BKNG	B	0.04%
	WBS	B	0.04%
	PNW	B	0.04%
	DKS	C	0.04%
	ALSN	B	0.04%
	PRI	A	0.04%
	CACI	D	0.04%
	TECH	C	0.04%
	CCK	D	0.04%
	CTLT	B	0.04%
	EVR	B	0.04%
	CUBE	D	0.04%
	PFGC	A	0.04%
	FTNT	C	0.04%
	TAP	C	0.04%
	AA	A	0.04%
	SJM	D	0.04%
	CG	B	0.04%
	ATR	B	0.04%
	FHN	B	0.04%
	QCOM	F	0.04%
	RRX	A	0.04%
	NRG	C	0.04%
	INCY	C	0.04%
	SF	B	0.04%
	AMAT	F	0.04%
	KMX	B	0.04%
	AIZ	B	0.04%
	BJ	B	0.04%
	COLB	B	0.03%
	CGNX	C	0.03%
	IVZ	B	0.03%
	FAF	B	0.03%
	KBR	F	0.03%
	LSTR	B	0.03%
	BILL	A	0.03%
	ALGN	D	0.03%
	STAG	D	0.03%
	GWW	A	0.03%
	AGNC	D	0.03%
	MKSI	C	0.03%
	MTG	B	0.03%
	HRB	D	0.03%
	VMI	A	0.03%
	ALK	A	0.03%
	AXS	A	0.03%
	WEX	F	0.03%
	WSM	B	0.03%
	RLI	A	0.03%
	DAR	C	0.03%
	DINO	F	0.03%
	FMC	D	0.03%
	FND	C	0.03%
	MTSI	B	0.03%
	FCN	D	0.03%
	ELAN	F	0.03%
	GXO	B	0.03%
	SSD	C	0.03%
	ATI	D	0.03%
	FR	C	0.03%
	GNTX	C	0.03%
	COKE	C	0.03%
	ESAB	B	0.03%
	WH	A	0.03%
	VNO	B	0.03%
	VFC	C	0.03%
	BBWI	C	0.03%
	R	B	0.03%
	OSK	B	0.03%
	MIDD	B	0.03%
	PR	C	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	LW	C	0.03%
	PB	B	0.03%
	ROKU	D	0.03%
	JAZZ	B	0.03%
	MNST	B	0.03%
	KEX	B	0.03%
	DASH	A	0.03%
	MHK	D	0.03%
	SKX	D	0.03%
	RHI	C	0.03%
	CHE	D	0.03%
	ADC	B	0.03%
	HII	F	0.03%
	NNN	D	0.03%
	BERY	B	0.03%
	G	B	0.03%
	FLS	A	0.03%
	RIVN	D	0.03%
	CHRD	F	0.03%
	MTCH	F	0.03%
	RRC	B	0.03%
	ACI	C	0.03%
	SHW	A	0.03%
	BWA	C	0.03%
	CZR	D	0.03%
	X	C	0.03%
	APG	B	0.03%
	RL	B	0.03%
	WTFC	B	0.03%
	APA	F	0.03%
	TKO	B	0.03%
	SEIC	A	0.03%
	ECL	D	0.03%
	SNV	B	0.03%
	CFR	B	0.03%
	FICO	B	0.03%
	LAMR	C	0.03%
	HLI	A	0.03%
	WAT	B	0.03%
	LECO	C	0.03%
	EGP	D	0.03%
	VOYA	B	0.03%
	NYT	C	0.03%
	MOS	F	0.03%
	TTC	D	0.03%
	CR	B	0.03%
	MTZ	B	0.03%
	CBSH	B	0.03%
	JLL	B	0.03%
	OGE	A	0.03%
	FYBR	D	0.03%
	GWRE	B	0.03%
	GPK	C	0.03%
	WYNN	D	0.03%
	ZION	B	0.03%
	TTEK	F	0.03%
	BRX	A	0.03%
	AOS	D	0.03%
	MGM	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	B	0.03%
	WST	C	0.03%
	AXTA	A	0.03%
	OGN	F	0.02%
	NWL	A	0.02%
	SITE	C	0.02%
	WTM	A	0.02%
	HOG	F	0.02%
	FLO	C	0.02%
	TPG	B	0.02%
	PAYC	A	0.02%
	DLB	B	0.02%
	AN	B	0.02%
	M	D	0.02%
	GTES	A	0.02%
	KMPR	B	0.02%
	GAP	C	0.02%
	AWI	B	0.02%
	EEFT	B	0.02%
	RYN	C	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%
	DBX	C	0.02%
	ST	F	0.02%
	CROX	F	0.02%
	ROIV	B	0.02%
	AVT	C	0.02%
	FRPT	B	0.02%
	AGO	A	0.02%
	AMP	B	0.02%
	SON	D	0.02%
	HXL	D	0.02%
	SEE	C	0.02%
	OLN	F	0.02%
	BYD	B	0.02%
	TKR	D	0.02%
	AL	A	0.02%
	UGI	A	0.02%
	BFAM	F	0.02%
	OZK	B	0.02%
	POST	B	0.02%
	GNRC	B	0.02%
	BC	C	0.02%
	SLM	B	0.02%
	LFUS	D	0.02%
	SN	D	0.02%
	LEA	F	0.02%
	WMS	F	0.02%
	LITE	B	0.02%
	CRUS	F	0.02%
	EXAS	F	0.02%
	ORLY	B	0.02%
	RGEN	D	0.02%
	NFG	B	0.02%
	OLLI	C	0.02%
	DOCS	C	0.02%
	FOX	B	0.02%
	THO	B	0.02%
	JHG	A	0.02%
	H	A	0.02%
	ONTO	F	0.02%
	IDA	B	0.02%
	AGCO	D	0.02%
	SAIA	C	0.02%
	THG	C	0.02%
	PVH	C	0.02%
	FNB	B	0.02%
	XP	F	0.02%
	VNT	C	0.02%
	STWD	C	0.02%
	WHR	B	0.02%
	AMG	B	0.02%
	S	B	0.02%
	WBA	D	0.02%
	BPOP	B	0.02%
	BIO	D	0.02%
	ARW	D	0.02%
	MTDR	C	0.02%
	COLD	F	0.02%
	BEN	C	0.02%
	ESI	B	0.02%
	LNC	B	0.02%
	NOV	C	0.02%
	OKTA	C	0.02%
	SIRI	C	0.02%
	OMF	A	0.02%
	QRVO	F	0.02%
	KD	B	0.02%
	SAIC	F	0.02%
	MSA	C	0.02%
	MAT	D	0.02%
	PARA	C	0.02%
	DDS	B	0.01%
	TER	F	0.01%
	SNDR	B	0.01%
	TRIP	F	0.01%
	REYN	D	0.01%
	FTRE	C	0.01%
	QS	F	0.01%
	WEN	D	0.01%
	LEG	D	0.01%
	EXEL	A	0.01%
	CNXC	F	0.01%
	UA	C	0.01%
	LCID	F	0.01%
	CLVT	F	0.01%
	BIRK	C	0.01%
	SHC	F	0.01%
	ADTN	B	0.01%
	VSTS	C	0.01%
	RKT	F	0.01%
	CRI	F	0.01%
	PPC	C	0.01%
	BR	A	0.01%
	AZEK	B	0.01%
	BRKR	F	0.01%
	PSTG	D	0.01%
	GO	C	0.01%
	KSS	F	0.01%
	ETSY	D	0.01%
	LYFT	C	0.01%
	MP	A	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	UAA	C	0.01%
	RCM	F	0.01%
	AAP	C	0.01%
	SAM	C	0.01%
	AZTA	D	0.01%
	YETI	C	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	HHH	B	0.01%
	CPRI	F	0.01%
	LPX	B	0.01%
	CNM	D	0.01%
	CWEN	C	0.01%
	EXP	B	0.01%
	JWN	A	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%
	CXT	B	0.01%
	COTY	F	0.01%
	COLM	A	0.01%
	VIRT	B	0.01%
	AMKR	F	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	C	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	NSA	C	0.01%
	LOPE	B	0.01%
	SMG	C	0.01%
	VAC	B	0.01%
	ZI	C	0.01%
	HUN	F	0.01%
	MASI	A	0.01%
	ZG	B	0.01%
	EPR	D	0.01%
	ALNY	D	0.01%
	CPRT	A	0.01%
	BHF	B	0.01%
	ACHC	F	0.01%
	ASH	F	0.01%
	AM	B	0.01%
	FHB	B	0.01%
	CLF	F	0.01%
	UHAL	D	0.01%
	IAC	D	0.01%
	PII	F	0.01%
	HIW	D	0.01%
	NVST	C	0.01%
	W	D	0.01%
	NWS	B	0.01%
	NEU	C	0.01%
	OLED	F	0.01%
	PRGO	C	0.01%
	GFS	C	0.01%
	TNL	A	0.01%
	MSM	C	0.01%
	CIVI	D	0.01%
	MDU	F	0.01%
	TYL	A	0.01%
	MSGS	B	0.01%
	DNB	B	0.01%
	DXC	B	0.01%
	PLNT	B	0.01%
	XRAY	F	0.01%
	CTAS	B	0.01%
	RH	B	0.01%
	SEG	B	0.0%
	UWMC	F	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	D	0.0%
	LSCC	D	0.0%
	TFSL	B	0.0%
	FIVE	D	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%
	CWEN	C	0.0%
	DV	C	0.0%
	NCNO	B	0.0%

GVUS Underweight 3 Positions Relative to FTA

	Symbol	Grade	Weight
	STX	D	-0.46%
	ODFL	B	-0.19%
	CLX	C	-0.17%

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

FTA: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Oil & Gas E&P Health Care Plans Insurance - Property & Casualty Packaged Foods Residential Construction Utilities - Diversified Chemicals Integrated Shipping & Logistics Specialty Retail Aerospace & Defense Airlines Asset Management Banks - Global Building Materials Communication Equipment Credit Services Diversified Industrials Farm Products

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Bank Insurance Products Banking Electronics Petroleum Industry Aerospace Building Materials Chemical Dow Jones Component Gas Transmission Natural Gas Liquids Cash Management Financial Products Investment Bank Natural Gas Transmission