GVUS vs. QARP ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.79

Average Daily Volume

3,250

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	QARP
30 Days	2.39%	2.45%
60 Days	4.06%	3.59%
90 Days	5.58%	5.04%
12 Months		26.16%

299 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in QARP	Overlap
A	D	0.14%	0.09%	0.09%
AAL	B	0.03%	0.04%	0.03%
ABBV	F	0.65%	0.02%	0.02%
ABT	B	0.78%	0.22%	0.22%
ACGL	C	0.14%	0.24%	0.14%
ACI	C	0.03%	0.05%	0.03%
ACM	B	0.06%	0.04%	0.04%
ACN	B	0.86%	1.18%	0.86%
ADI	D	0.4%	0.08%	0.08%
ADM	D	0.1%	0.27%	0.1%
ADP	A	0.04%	0.21%	0.04%
AGCO	D	0.02%	0.06%	0.02%
ALB	B	0.05%	0.02%	0.02%
ALGN	D	0.03%	0.05%	0.03%
ALK	B	0.03%	0.04%	0.03%
ALSN	B	0.04%	0.04%	0.04%
AMAT	F	0.04%	0.77%	0.04%
AMCR	C	0.06%	0.03%	0.03%
AMD	F	0.29%	0.07%	0.07%
AMG	B	0.02%	0.09%	0.02%
AMGN	F	0.13%	0.03%	0.03%
AON	A	0.29%	0.33%	0.29%
AOS	F	0.03%	0.06%	0.03%
APA	D	0.03%	0.02%	0.02%
APTV	F	0.06%	0.05%	0.05%
AR	B	0.03%	0.02%	0.02%
ARMK	B	0.04%	0.04%	0.04%
ATO	A	0.08%	0.07%	0.07%
AYI	B	0.04%	0.08%	0.04%
AZO	C	0.02%	0.34%	0.02%
BBWI	C	0.03%	0.02%	0.02%
BBY	D	0.08%	0.23%	0.08%
BIIB	F	0.09%	0.02%	0.02%
BJ	A	0.04%	0.11%	0.04%
BKNG	A	0.04%	0.8%	0.04%
BKR	A	0.17%	0.1%	0.1%
BLD	D	0.04%	0.05%	0.04%
BLDR	D	0.07%	0.17%	0.07%
BMY	B	0.44%	0.62%	0.44%
BRK.A	B	3.35%	5.21%	3.35%
BWA	D	0.03%	0.06%	0.03%
CAH	B	0.05%	0.4%	0.05%
CASY	A	0.05%	0.12%	0.05%
CAT	B	0.63%	0.67%	0.63%
CBOE	C	0.08%	0.07%	0.07%
CBRE	B	0.16%	0.09%	0.09%
CCL	A	0.09%	0.05%	0.05%
CDW	F	0.05%	0.02%	0.02%
CE	F	0.02%	0.02%	0.02%
CF	A	0.06%	0.13%	0.06%
CHE	D	0.03%	0.04%	0.03%
CHRD	D	0.03%	0.04%	0.03%
CHRW	B	0.05%	0.06%	0.05%
CHTR	C	0.14%	0.14%	0.14%
CI	D	0.32%	0.55%	0.32%
CINF	A	0.09%	0.09%	0.09%
CL	D	0.13%	0.21%	0.13%
CLF	F	0.01%	0.05%	0.01%
CMCSA	B	0.64%	0.86%	0.64%
CMI	A	0.19%	0.26%	0.19%
CNC	D	0.12%	0.23%	0.12%
CNM	D	0.01%	0.04%	0.01%
CNP	A	0.08%	0.04%	0.04%
COF	C	0.27%	0.16%	0.16%
COIN	C	0.04%	0.05%	0.04%
COKE	C	0.03%	0.04%	0.03%
COP	C	0.51%	0.78%	0.51%
CPB	D	0.03%	0.02%	0.02%
CPRT	B	0.01%	0.07%	0.01%
CROX	D	0.02%	0.02%	0.02%
CRUS	D	0.02%	0.03%	0.02%
CSCO	B	0.91%	1.97%	0.91%
CSL	C	0.07%	0.05%	0.05%
CSX	C	0.27%	0.07%	0.07%
CTAS	B	0.01%	0.08%	0.01%
CTRA	B	0.07%	0.11%	0.07%
CTSH	B	0.15%	0.3%	0.15%
CTVA	C	0.15%	0.02%	0.02%
CVS	D	0.26%	0.18%	0.18%
CVX	A	1.08%	1.54%	1.08%
DAL	B	0.16%	0.22%	0.16%
DBX	B	0.02%	0.04%	0.02%
DCI	B	0.04%	0.04%	0.04%
DD	C	0.13%	0.02%	0.02%
DE	B	0.39%	0.24%	0.24%
DGX	A	0.07%	0.03%	0.03%
DHI	F	0.19%	0.31%	0.19%
DINO	D	0.03%	0.02%	0.02%
DKS	D	0.04%	0.09%	0.04%
DLTR	F	0.05%	0.07%	0.05%
DOW	F	0.12%	0.07%	0.07%
DOX	D	0.04%	0.07%	0.04%
DPZ	C	0.04%	0.03%	0.03%
DRI	B	0.04%	0.13%	0.04%
DVN	F	0.09%	0.17%	0.09%
EA	A	0.17%	0.21%	0.17%
EBAY	D	0.12%	0.09%	0.09%
EG	C	0.05%	0.06%	0.05%
EL	F	0.04%	0.02%	0.02%
ELV	F	0.31%	0.47%	0.31%
EME	A	0.05%	0.15%	0.05%
EOG	A	0.3%	0.5%	0.3%
EPAM	B	0.05%	0.04%	0.04%
EVR	B	0.04%	0.11%	0.04%
EW	C	0.13%	0.06%	0.06%
EXEL	B	0.01%	0.03%	0.01%
EXP	B	0.01%	0.06%	0.01%
EXPD	C	0.06%	0.13%	0.06%
FANG	C	0.13%	0.19%	0.13%
FAST	B	0.03%	0.22%	0.03%
FCN	F	0.03%	0.03%	0.03%
FCNCA	A	0.1%	0.14%	0.1%
FCX	F	0.24%	0.04%	0.04%
FDS	B	0.05%	0.1%	0.05%
FDX	B	0.26%	0.33%	0.26%
FFIV	B	0.05%	0.06%	0.05%
FICO	B	0.03%	0.08%	0.03%
FIVE	F	0.0%	0.02%	0.0%
FND	D	0.03%	0.04%	0.03%
FOXA	A	0.04%	0.03%	0.03%
FTNT	C	0.04%	0.22%	0.04%
G	B	0.03%	0.03%	0.03%
GAP	C	0.02%	0.03%	0.02%
GEHC	D	0.13%	0.13%	0.13%
GEV	B	0.35%	0.2%	0.2%
GGG	B	0.06%	0.07%	0.06%
GILD	C	0.43%	0.33%	0.33%
GIS	D	0.14%	0.09%	0.09%
GLPI	C	0.05%	0.03%	0.03%
GM	C	0.25%	0.25%	0.25%
GNTX	C	0.03%	0.04%	0.03%
GPC	D	0.07%	0.07%	0.07%
GRMN	B	0.12%	0.16%	0.12%
GWW	B	0.03%	0.27%	0.03%
HAL	C	0.1%	0.06%	0.06%
HCA	F	0.19%	0.27%	0.19%
HD	B	0.32%	2.0%	0.32%
HII	F	0.03%	0.02%	0.02%
HLI	A	0.03%	0.04%	0.03%
HOLX	D	0.07%	0.04%	0.04%
HPQ	B	0.11%	0.08%	0.08%
HRB	D	0.03%	0.08%	0.03%
HST	C	0.05%	0.03%	0.03%
HSY	F	0.08%	0.09%	0.08%
HUM	C	0.13%	0.31%	0.13%
INCY	C	0.04%	0.07%	0.04%
INGR	C	0.04%	0.05%	0.04%
INTC	C	0.4%	0.08%	0.08%
IP	A	0.08%	0.04%	0.04%
ITT	A	0.05%	0.05%	0.05%
ITW	B	0.19%	0.31%	0.19%
J	D	0.07%	0.04%	0.04%
JBHT	C	0.06%	0.05%	0.05%
JBL	C	0.05%	0.06%	0.05%
JHG	B	0.02%	0.03%	0.02%
JKHY	D	0.05%	0.05%	0.05%
JNJ	C	1.44%	2.32%	1.44%
JNPR	D	0.05%	0.04%	0.04%
K	A	0.08%	0.06%	0.06%
KEYS	A	0.1%	0.12%	0.1%
KMB	C	0.1%	0.15%	0.1%
KNX	C	0.03%	0.03%	0.03%
KR	B	0.15%	0.3%	0.15%
KVUE	A	0.18%	0.21%	0.18%
LAMR	C	0.03%	0.03%	0.03%
LEA	F	0.02%	0.04%	0.02%
LECO	C	0.03%	0.04%	0.03%
LEN	D	0.16%	0.4%	0.16%
LEN	D	0.01%	0.4%	0.01%
LH	B	0.08%	0.07%	0.07%
LKQ	F	0.04%	0.02%	0.02%
LMT	D	0.3%	0.71%	0.3%
LNG	A	0.09%	0.07%	0.07%
LOPE	C	0.01%	0.03%	0.01%
LOW	C	0.6%	0.78%	0.6%
LPX	B	0.01%	0.04%	0.01%
LSTR	D	0.03%	0.05%	0.03%
LUV	C	0.08%	0.11%	0.08%
LYB	F	0.08%	0.09%	0.08%
M	F	0.02%	0.02%	0.02%
MAR	A	0.25%	0.12%	0.12%
MAS	D	0.07%	0.07%	0.07%
MCD	D	0.77%	0.39%	0.39%
MCHP	F	0.13%	0.04%	0.04%
MCK	A	0.17%	1.15%	0.17%
MGM	D	0.03%	0.05%	0.03%
MHK	D	0.03%	0.02%	0.02%
MKTX	D	0.04%	0.05%	0.04%
MMC	B	0.37%	0.55%	0.37%
MMM	D	0.23%	0.12%	0.12%
MNST	C	0.03%	0.15%	0.03%
MO	A	0.37%	0.63%	0.37%
MOH	F	0.02%	0.06%	0.02%
MOS	F	0.03%	0.04%	0.03%
MPC	D	0.22%	0.25%	0.22%
MRNA	F	0.05%	0.05%	0.05%
MRO	B	0.06%	0.11%	0.06%
MSCI	C	0.08%	0.23%	0.08%
MSM	C	0.01%	0.03%	0.01%
MTD	F	0.1%	0.09%	0.09%
MTG	C	0.03%	0.11%	0.03%
MTZ	B	0.03%	0.03%	0.03%
MU	D	0.41%	0.35%	0.35%
NEU	D	0.01%	0.02%	0.01%
NKE	F	0.14%	0.31%	0.14%
NTAP	C	0.05%	0.06%	0.05%
NUE	C	0.14%	0.37%	0.14%
NVR	D	0.1%	0.23%	0.1%
NYT	D	0.03%	0.04%	0.03%
OC	A	0.07%	0.13%	0.07%
OLN	F	0.02%	0.03%	0.02%
ON	D	0.11%	0.04%	0.04%
ORLY	B	0.02%	0.38%	0.02%
OSK	C	0.03%	0.04%	0.03%
OTIS	C	0.16%	0.04%	0.04%
OVV	B	0.05%	0.03%	0.03%
OXY	D	0.13%	0.06%	0.06%
PAYC	B	0.02%	0.04%	0.02%
PAYX	B	0.11%	0.2%	0.11%
PCAR	B	0.22%	0.24%	0.22%
PFE	F	0.55%	0.48%	0.48%
PFGC	B	0.04%	0.08%	0.04%
PG	C	1.21%	1.34%	1.21%
PGR	A	0.09%	0.06%	0.06%
PHM	D	0.1%	0.21%	0.1%
PII	F	0.01%	0.03%	0.01%
PINC	B	0.01%	0.03%	0.01%
PKG	A	0.08%	0.06%	0.06%
PM	B	0.78%	0.55%	0.55%
PSA	C	0.17%	0.31%	0.17%
PSX	C	0.21%	0.12%	0.12%
PVH	C	0.02%	0.03%	0.02%
PWR	A	0.13%	0.06%	0.06%
PYPL	B	0.34%	0.34%	0.34%
QCOM	F	0.04%	0.26%	0.04%
REGN	F	0.28%	0.26%	0.26%
RHI	C	0.03%	0.07%	0.03%
RL	C	0.03%	0.05%	0.03%
RLI	A	0.03%	0.03%	0.03%
RNR	C	0.05%	0.05%	0.05%
ROK	C	0.12%	0.09%	0.09%
ROST	D	0.14%	0.25%	0.14%
RPRX	D	0.04%	0.03%	0.03%
RS	B	0.07%	0.17%	0.07%
SAIA	B	0.02%	0.05%	0.02%
SBUX	A	0.1%	0.52%	0.1%
SEIC	B	0.03%	0.07%	0.03%
SJM	D	0.04%	0.03%	0.03%
SKX	D	0.03%	0.06%	0.03%
SLB	C	0.24%	0.14%	0.14%
SNA	A	0.07%	0.12%	0.07%
SOLV	D	0.04%	0.1%	0.04%
SPG	A	0.17%	0.2%	0.17%
SPGI	C	0.61%	0.07%	0.07%
SSD	F	0.03%	0.03%	0.03%
STLD	B	0.08%	0.23%	0.08%
SWKS	F	0.05%	0.08%	0.05%
SYF	B	0.1%	0.14%	0.1%
SYY	D	0.06%	0.33%	0.06%
T	A	0.63%	0.69%	0.63%
TAP	C	0.04%	0.04%	0.04%
TER	F	0.01%	0.03%	0.01%
TGT	F	0.27%	0.4%	0.27%
THO	B	0.02%	0.03%	0.02%
TJX	A	0.22%	0.82%	0.22%
TOL	B	0.06%	0.07%	0.06%
TPR	B	0.05%	0.12%	0.05%
TROW	B	0.1%	0.25%	0.1%
TSN	B	0.07%	0.04%	0.04%
TT	A	0.24%	0.08%	0.08%
TTEK	F	0.03%	0.02%	0.02%
TXN	C	0.63%	0.37%	0.37%
TXT	D	0.06%	0.06%	0.06%
UAL	A	0.12%	0.1%	0.1%
UHS	D	0.05%	0.05%	0.05%
ULTA	F	0.01%	0.15%	0.01%
UNH	B	1.98%	2.32%	1.98%
UNP	C	0.29%	0.12%	0.12%
UPS	C	0.38%	0.4%	0.38%
URI	C	0.17%	0.23%	0.17%
USFD	A	0.06%	0.04%	0.04%
UTHR	C	0.06%	0.11%	0.06%
VICI	C	0.13%	0.07%	0.07%
VLO	C	0.17%	0.18%	0.17%
VRSN	C	0.06%	0.06%	0.06%
VRTX	D	0.23%	0.21%	0.21%
VZ	C	0.68%	0.65%	0.65%
WAT	C	0.03%	0.03%	0.03%
WBD	B	0.09%	0.04%	0.04%
WMT	A	1.42%	2.88%	1.42%
WSM	C	0.03%	0.15%	0.03%
WSO	A	0.07%	0.08%	0.07%
WST	C	0.03%	0.09%	0.03%
WTW	B	0.12%	0.03%	0.03%
WY	F	0.09%	0.08%	0.08%
WYNN	C	0.03%	0.04%	0.03%
X	B	0.03%	0.03%	0.03%
XOM	B	2.08%	3.19%	2.08%
YUM	D	0.09%	0.05%	0.05%

GVUS Overweight 537 Positions Relative to QARP

Symbol	Grade	Weight
JPM	A	2.73%
BAC	A	1.23%
WFC	A	1.01%
LIN	C	0.84%
DIS	B	0.82%
TMO	F	0.76%
IBM	C	0.73%
NEE	C	0.61%
RTX	D	0.61%
BLK	B	0.6%
GE	D	0.59%
DHR	F	0.58%
MS	A	0.57%
ETN	A	0.56%
GS	A	0.53%
C	A	0.51%
BSX	A	0.5%
HON	C	0.49%
CB	C	0.45%
MDT	D	0.44%
TMUS	B	0.44%
SCHW	B	0.42%
PLD	F	0.41%
KO	D	0.4%
SYK	B	0.39%
AXP	A	0.39%
SO	C	0.37%
PH	A	0.35%
MDLZ	F	0.34%
DUK	C	0.34%
ICE	C	0.34%
CME	B	0.32%
WELL	A	0.32%
FI	A	0.32%
PNC	B	0.32%
GD	D	0.31%
EQIX	A	0.31%
BA	F	0.31%
USB	A	0.3%
KKR	A	0.28%
EMR	B	0.28%
WMB	A	0.27%
MRVL	B	0.27%
APD	A	0.27%
NOC	D	0.26%
OKE	A	0.25%
BDX	F	0.25%
AFL	B	0.24%
TFC	A	0.24%
CARR	C	0.24%
DLR	B	0.23%
SRE	A	0.23%
ROP	B	0.23%
NSC	B	0.23%
AJG	A	0.23%
CEG	C	0.23%
TRV	B	0.23%
JCI	B	0.22%
BK	A	0.22%
KMI	A	0.21%
TDG	D	0.21%
AEP	C	0.2%
D	C	0.19%
O	C	0.19%
MET	A	0.19%
AIG	B	0.19%
FIS	C	0.19%
MSTR	B	0.19%
PCG	A	0.18%
CCI	C	0.18%
PRU	A	0.18%
PEP	F	0.18%
CRM	B	0.18%
LHX	C	0.18%
NEM	D	0.18%
RSG	A	0.17%
HWM	A	0.17%
F	C	0.17%
ALL	A	0.17%
DFS	B	0.17%
PEG	A	0.17%
AME	A	0.17%
IR	B	0.16%
MSI	B	0.16%
STZ	D	0.15%
XEL	A	0.15%
EXC	C	0.15%
APH	A	0.14%
KDP	F	0.14%
GLW	B	0.14%
MTB	A	0.14%
RCL	A	0.14%
NDAQ	A	0.13%
AVB	B	0.13%
ED	C	0.13%
MLM	C	0.13%
WAB	B	0.13%
EXR	C	0.13%
HIG	B	0.13%
HLT	A	0.12%
TTWO	A	0.12%
DELL	B	0.12%
RJF	A	0.12%
IQV	F	0.12%
WEC	A	0.12%
ETR	B	0.12%
EIX	B	0.12%
FITB	B	0.12%
SQ	A	0.11%
HPE	B	0.11%
VMC	B	0.11%
DOV	A	0.11%
KHC	F	0.11%
EQR	C	0.11%
PPG	F	0.11%
STT	B	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
XYL	D	0.11%
GPN	B	0.11%
RMD	C	0.1%
DTE	C	0.1%
PPL	A	0.1%
HBAN	A	0.1%
VTR	B	0.1%
AWK	C	0.1%
FTV	C	0.1%
CHD	A	0.1%
SW	A	0.1%
IFF	D	0.09%
ZBH	C	0.09%
HUBB	B	0.09%
EQT	B	0.09%
SBAC	D	0.09%
FE	C	0.09%
RF	A	0.09%
AEE	A	0.09%
EFX	F	0.09%
ESS	B	0.08%
PFG	D	0.08%
CMS	C	0.08%
FSLR	F	0.08%
WDC	D	0.08%
INVH	D	0.08%
ZM	C	0.08%
CFG	B	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
APO	B	0.08%
ILMN	C	0.08%
TDY	B	0.08%
LDOS	C	0.08%
STE	D	0.08%
ES	C	0.08%
RBA	A	0.07%
TRMB	B	0.07%
IEX	C	0.07%
PNR	A	0.07%
TRU	D	0.07%
WRB	A	0.07%
KEY	B	0.07%
ARE	F	0.07%
MAA	B	0.07%
MKC	C	0.07%
BALL	F	0.07%
IBKR	A	0.07%
OMC	C	0.07%
EVRG	A	0.06%
EWBC	A	0.06%
IRM	C	0.06%
HES	B	0.06%
NDSN	B	0.06%
UDR	B	0.06%
THC	D	0.06%
DOC	C	0.06%
BRO	B	0.06%
MKL	A	0.06%
L	A	0.06%
RGA	A	0.06%
VTRS	A	0.06%
ZBRA	B	0.06%
SUI	C	0.06%
LNT	A	0.06%
SSNC	B	0.06%
FNF	B	0.06%
GEN	B	0.06%
BAX	F	0.06%
KIM	A	0.06%
NI	A	0.06%
CVNA	B	0.06%
DG	F	0.06%
Z	A	0.05%
SOFI	B	0.05%
EMN	C	0.05%
BMRN	F	0.05%
SCI	B	0.05%
NVT	B	0.05%
NTNX	B	0.05%
FTI	A	0.05%
ALLE	C	0.05%
WPC	C	0.05%
CLH	C	0.05%
CPT	B	0.05%
BXP	C	0.05%
AMH	C	0.05%
CAG	F	0.05%
BG	D	0.05%
AFRM	A	0.05%
COHR	B	0.05%
SWK	D	0.05%
AKAM	D	0.05%
ELS	C	0.05%
RPM	A	0.05%
RVTY	F	0.05%
UNM	A	0.05%
TWLO	A	0.05%
REG	A	0.05%
CW	C	0.05%
VLTO	C	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TFX	F	0.04%
TW	A	0.04%
WCC	B	0.04%
GMED	A	0.04%
QGEN	D	0.04%
CMA	B	0.04%
REXR	F	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
RGLD	C	0.04%
FRT	B	0.04%
BRBR	A	0.04%
PNFP	B	0.04%
ORI	A	0.04%
CNH	C	0.04%
JEF	A	0.04%
GL	C	0.04%
CIEN	C	0.04%
WAL	B	0.04%
WTRG	B	0.04%
CRL	D	0.04%
EHC	B	0.04%
DTM	A	0.04%
AVY	F	0.04%
DAY	B	0.04%
OHI	C	0.04%
AES	F	0.04%
GME	C	0.04%
LAD	A	0.04%
AFG	A	0.04%
WWD	C	0.04%
IPG	D	0.04%
WBS	A	0.04%
PNW	A	0.04%
PRI	B	0.04%
CACI	D	0.04%
TECH	F	0.04%
CCK	D	0.04%
CTLT	C	0.04%
CUBE	C	0.04%
NWSA	A	0.04%
AA	A	0.04%
CG	B	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%
AIZ	A	0.04%
COLB	B	0.03%
CGNX	D	0.03%
IVZ	B	0.03%
FAF	A	0.03%
KBR	F	0.03%
BILL	A	0.03%
STAG	D	0.03%
AGNC	C	0.03%
MKSI	C	0.03%
VMI	B	0.03%
AXS	A	0.03%
WEX	D	0.03%
DAR	C	0.03%
FMC	D	0.03%
MTSI	B	0.03%
ELAN	D	0.03%
GXO	B	0.03%
ATI	C	0.03%
FR	D	0.03%
ESAB	C	0.03%
WH	B	0.03%
VNO	C	0.03%
VFC	C	0.03%
R	B	0.03%
MIDD	C	0.03%
PR	B	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	B	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
KEX	B	0.03%
DASH	B	0.03%
ADC	A	0.03%
NNN	C	0.03%
BERY	C	0.03%
CRBG	B	0.03%
FLS	B	0.03%
RIVN	F	0.03%
MTCH	D	0.03%
RRC	B	0.03%
SHW	B	0.03%
CZR	F	0.03%
APG	B	0.03%
WTFC	A	0.03%
TKO	A	0.03%
ECL	D	0.03%
SNV	C	0.03%
CFR	B	0.03%
EGP	D	0.03%
VOYA	B	0.03%
TTC	C	0.03%
CR	A	0.03%
HRL	D	0.03%
ALLY	C	0.03%
CBSH	B	0.03%
JLL	D	0.03%
OGE	A	0.03%
FYBR	C	0.03%
GWRE	A	0.03%
GPK	C	0.03%
ZION	B	0.03%
BRX	A	0.03%
SNX	D	0.03%
HSIC	C	0.03%
PTC	B	0.03%
RBC	A	0.03%
AXTA	B	0.03%
OGN	F	0.02%
NWL	C	0.02%
SITE	F	0.02%
WTM	A	0.02%
HOG	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
DLB	B	0.02%
AN	C	0.02%
GTES	A	0.02%
WLK	D	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%
ST	F	0.02%
ROIV	C	0.02%
AVT	C	0.02%
FRPT	A	0.02%
AGO	B	0.02%
AMP	A	0.02%
SON	F	0.02%
HXL	F	0.02%
SEE	C	0.02%
BYD	B	0.02%
TKR	D	0.02%
AL	B	0.02%
UGI	C	0.02%
BFAM	D	0.02%
OZK	B	0.02%
POST	C	0.02%
GNRC	C	0.02%
BC	C	0.02%
SLM	A	0.02%
LFUS	D	0.02%
SN	D	0.02%
WMS	F	0.02%
LITE	B	0.02%
EXAS	D	0.02%
RGEN	D	0.02%
NFG	A	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%
THG	A	0.02%
FNB	A	0.02%
XP	F	0.02%
VNT	C	0.02%
STWD	C	0.02%
WHR	B	0.02%
S	B	0.02%
WBA	F	0.02%
BPOP	C	0.02%
BIO	C	0.02%
ARW	D	0.02%
MTDR	B	0.02%
COLD	D	0.02%
BEN	C	0.02%
ESI	B	0.02%
LNC	C	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	F	0.02%
MAT	D	0.02%
PARA	C	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%
LEG	F	0.01%
CNXC	F	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%
CRI	F	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%
LYFT	C	0.01%
MP	C	0.01%
IPGP	D	0.01%
GLOB	B	0.01%
UAA	C	0.01%
RCM	A	0.01%
AAP	D	0.01%
SAM	C	0.01%
AZTA	D	0.01%
YETI	D	0.01%
ALGM	D	0.01%
HHH	B	0.01%
CPRI	F	0.01%
CWEN	C	0.01%
JWN	D	0.01%
HAYW	B	0.01%
ENOV	C	0.01%
BOKF	B	0.01%
MPW	F	0.01%
SPB	C	0.01%
BROS	A	0.01%
CC	C	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%
MAN	F	0.01%
PAG	B	0.01%
WU	F	0.01%
PK	C	0.01%
NXST	C	0.01%
IRDM	D	0.01%
SPR	D	0.01%
PENN	C	0.01%
NSA	C	0.01%
SMG	C	0.01%
VAC	C	0.01%
ZI	D	0.01%
HUN	F	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%
UHAL	D	0.01%
IAC	F	0.01%
HIW	C	0.01%
NVST	B	0.01%
W	D	0.01%
NWS	A	0.01%
OLED	F	0.01%
PRGO	C	0.01%
GFS	C	0.01%
TNL	A	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	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%
MTN	C	0.0%
CAR	C	0.0%
CNA	C	0.0%
HAS	D	0.0%
INFA	D	0.0%
LBRDA	C	0.0%
CWEN	C	0.0%
DV	C	0.0%
NCNO	C	0.0%

GVUS Underweight 47 Positions Relative to QARP

Symbol	Grade	Weight
META	D	-5.17%
AAPL	C	-4.88%
AMZN	C	-3.99%
GOOGL	C	-2.36%
COST	A	-2.32%
GOOG	C	-2.14%
MSFT	D	-2.05%
V	A	-1.84%
MA	B	-1.58%
ADBE	C	-0.91%
TSLA	B	-0.75%
LRCX	F	-0.45%
COR	B	-0.4%
MCO	B	-0.33%
MRK	D	-0.32%
ABNB	C	-0.23%
VST	A	-0.2%
ODFL	C	-0.19%
LPLA	A	-0.19%
ISRG	A	-0.18%
NVDA	B	-0.18%
LULU	C	-0.18%
KLAC	F	-0.17%
EXPE	B	-0.17%
TSCO	D	-0.16%
DECK	A	-0.13%
ANET	C	-0.13%
CMG	B	-0.11%
CPNG	D	-0.1%
LYV	A	-0.08%
TXRH	B	-0.06%
BX	A	-0.06%
POOL	C	-0.06%
ADSK	A	-0.06%
CLX	A	-0.06%
FIX	A	-0.05%
ORCL	A	-0.05%
MUSA	B	-0.05%
KNSL	B	-0.04%
ROL	B	-0.04%
BURL	B	-0.04%
LVS	B	-0.04%
MEDP	D	-0.03%
VVV	D	-0.03%
LLY	F	-0.03%
CDNS	B	-0.02%
IWB	A	-0.0%