GVUS vs. RECS ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Columbia Research Enhanced Core ETF (RECS)

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

$49.83

Average Daily Volume

35,442

Number of Holdings ^*

835

* may have additional holdings in another (foreign) market

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.56

Average Daily Volume

366,892

Number of Holdings ^*

360

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	RECS
30 Days	1.00%	2.95%
60 Days	4.16%	7.46%
90 Days	6.34%	8.25%
12 Months		36.37%

312 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in RECS	Overlap
	ABBV	F	0.77%	0.56%	0.56%
	ACI	C	0.03%	0.04%	0.03%
	ACM	B	0.06%	0.06%	0.06%
	ADM	F	0.1%	0.12%	0.1%
	ADP	A	0.04%	0.53%	0.04%
	ADTN	B	0.01%	0.01%	0.01%
	AEE	B	0.09%	0.18%	0.09%
	AES	F	0.04%	0.07%	0.04%
	AIZ	A	0.04%	0.06%	0.04%
	ALGM	F	0.01%	0.01%	0.01%
	ALL	B	0.17%	0.27%	0.17%
	ALNY	D	0.01%	0.06%	0.01%
	ALSN	B	0.04%	0.04%	0.04%
	AMG	B	0.02%	0.03%	0.02%
	AMGN	F	0.15%	0.32%	0.15%
	AMH	C	0.05%	0.06%	0.05%
	AMKR	F	0.01%	0.01%	0.01%
	AOS	F	0.03%	0.04%	0.03%
	APG	C	0.03%	0.04%	0.03%
	ARE	F	0.08%	0.1%	0.08%
	ARMK	B	0.04%	0.04%	0.04%
	ASH	F	0.01%	0.03%	0.01%
	AVTR	F	0.06%	0.09%	0.06%
	AXS	A	0.03%	0.04%	0.03%
	AYI	A	0.04%	0.04%	0.04%
	AZTA	F	0.01%	0.02%	0.01%
	BAC	A	1.18%	1.66%	1.18%
	BAX	F	0.07%	0.11%	0.07%
	BDX	F	0.26%	0.43%	0.26%
	BEN	C	0.02%	0.03%	0.02%
	BG	D	0.05%	0.06%	0.05%
	BIIB	F	0.1%	0.04%	0.04%
	BILL	B	0.02%	0.02%	0.02%
	BK	B	0.22%	0.3%	0.22%
	BKNG	A	0.04%	0.6%	0.04%
	BLD	F	0.04%	0.04%	0.04%
	BLDR	C	0.08%	0.1%	0.08%
	BMRN	F	0.05%	0.02%	0.02%
	BMY	B	0.42%	0.75%	0.42%
	BR	A	0.01%	0.11%	0.01%
	BRBR	A	0.04%	0.05%	0.04%
	BRX	A	0.03%	0.04%	0.03%
	C	B	0.5%	0.71%	0.5%
	CACI	C	0.05%	0.06%	0.05%
	CAG	F	0.05%	0.06%	0.05%
	CAH	B	0.05%	0.19%	0.05%
	CAT	B	0.63%	0.83%	0.63%
	CBOE	D	0.08%	0.11%	0.08%
	CCL	B	0.09%	0.09%	0.09%
	CE	F	0.03%	0.06%	0.03%
	CF	B	0.06%	0.12%	0.06%
	CI	D	0.31%	0.6%	0.31%
	CIEN	B	0.04%	0.02%	0.02%
	CIVI	D	0.01%	0.02%	0.01%
	CL	F	0.13%	0.36%	0.13%
	CLF	F	0.02%	0.04%	0.02%
	CME	B	0.31%	0.43%	0.31%
	CMI	A	0.19%	0.21%	0.19%
	CNA	C	0.0%	0.01%	0.0%
	CNC	F	0.12%	0.2%	0.12%
	CNM	D	0.01%	0.03%	0.01%
	COKE	C	0.03%	0.03%	0.03%
	COLB	A	0.02%	0.03%	0.02%
	COLM	B	0.01%	0.01%	0.01%
	CRBG	C	0.03%	0.04%	0.03%
	CRI	D	0.01%	0.01%	0.01%
	CRM	B	0.18%	0.76%	0.18%
	CROX	F	0.02%	0.02%	0.02%
	CRUS	F	0.02%	0.01%	0.01%
	CSCO	A	0.9%	0.57%	0.57%
	CSGP	F	0.12%	0.16%	0.12%
	CSL	B	0.07%	0.09%	0.07%
	CSX	B	0.27%	0.3%	0.27%
	CTAS	B	0.02%	0.33%	0.02%
	CTRA	B	0.07%	0.05%	0.05%
	CVNA	B	0.06%	0.09%	0.06%
	CVX	A	1.04%	0.77%	0.77%
	CW	C	0.06%	0.06%	0.06%
	CWEN	D	0.0%	0.02%	0.0%
	CWEN	D	0.01%	0.02%	0.01%
	CWEN	D	0.01%	0.01%	0.01%
	CWEN	D	0.0%	0.01%	0.0%
	DAL	A	0.15%	0.17%	0.15%
	DBX	B	0.02%	0.02%	0.02%
	DCI	A	0.04%	0.04%	0.04%
	DDS	B	0.01%	0.0%	0.0%
	DELL	C	0.12%	0.09%	0.09%
	DHI	D	0.19%	0.17%	0.17%
	DINO	D	0.03%	0.02%	0.02%
	DIS	B	0.7%	0.42%	0.42%
	DKS	D	0.04%	0.04%	0.04%
	DTE	D	0.09%	0.18%	0.09%
	DTM	A	0.04%	0.03%	0.03%
	EA	A	0.16%	0.09%	0.09%
	EEFT	C	0.02%	0.02%	0.02%
	EG	D	0.05%	0.08%	0.05%
	EIX	C	0.12%	0.23%	0.12%
	ELAN	C	0.03%	0.04%	0.03%
	EME	B	0.06%	0.11%	0.06%
	EOG	A	0.3%	0.22%	0.22%
	EPR	D	0.01%	0.02%	0.01%
	EQIX	B	0.32%	0.44%	0.32%
	ESAB	B	0.03%	0.03%	0.03%
	ETR	B	0.12%	0.24%	0.12%
	EVRG	A	0.05%	0.1%	0.05%
	EWBC	B	0.05%	0.07%	0.05%
	EXAS	F	0.02%	0.02%	0.02%
	EXC	C	0.15%	0.28%	0.15%
	EXEL	B	0.01%	0.02%	0.01%
	EXP	B	0.01%	0.08%	0.01%
	EXPD	C	0.05%	0.07%	0.05%
	FANG	C	0.13%	0.1%	0.1%
	FCNCA	B	0.09%	0.14%	0.09%
	FDX	B	0.25%	0.28%	0.25%
	FFIV	B	0.05%	0.03%	0.03%
	FHN	A	0.04%	0.06%	0.04%
	FI	A	0.32%	0.65%	0.32%
	FITB	A	0.12%	0.17%	0.12%
	FLS	B	0.03%	0.03%	0.03%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	A	0.04%	0.02%	0.02%
	FTI	B	0.05%	0.04%	0.04%
	FTNT	B	0.04%	0.15%	0.04%
	FTV	C	0.1%	0.11%	0.1%
	G	B	0.03%	0.03%	0.03%
	GAP	B	0.02%	0.02%	0.02%
	GEN	B	0.06%	0.04%	0.04%
	GILD	B	0.46%	0.21%	0.21%
	GIS	F	0.14%	0.17%	0.14%
	GL	B	0.04%	0.05%	0.04%
	GLPI	D	0.05%	0.07%	0.05%
	GNRC	B	0.02%	0.05%	0.02%
	GPN	B	0.11%	0.15%	0.11%
	GTES	B	0.02%	0.02%	0.02%
	H	B	0.02%	0.02%	0.02%
	HCA	D	0.19%	0.43%	0.19%
	HIW	D	0.01%	0.02%	0.01%
	HLT	A	0.11%	0.22%	0.11%
	HOLX	D	0.07%	0.11%	0.07%
	HPE	B	0.11%	0.07%	0.07%
	HPQ	B	0.1%	0.09%	0.09%
	HRB	D	0.03%	0.03%	0.03%
	HST	D	0.05%	0.06%	0.05%
	INCY	B	0.05%	0.02%	0.02%
	INGR	B	0.04%	0.05%	0.04%
	INVH	D	0.08%	0.11%	0.08%
	IONS	F	0.0%	0.01%	0.0%
	ITT	A	0.05%	0.05%	0.05%
	JAZZ	B	0.03%	0.05%	0.03%
	JEF	B	0.04%	0.07%	0.04%
	JHG	A	0.02%	0.03%	0.02%
	JLL	C	0.03%	0.07%	0.03%
	JNJ	D	1.44%	2.35%	1.44%
	JNPR	D	0.05%	0.03%	0.03%
	JPM	A	2.61%	3.63%	2.61%
	K	A	0.08%	0.1%	0.08%
	KEX	A	0.03%	0.03%	0.03%
	KHC	F	0.11%	0.14%	0.11%
	KMB	D	0.1%	0.22%	0.1%
	KR	A	0.15%	0.19%	0.15%
	KRC	C	0.02%	0.02%	0.02%
	L	A	0.06%	0.08%	0.06%
	LDOS	C	0.1%	0.11%	0.1%
	LEA	F	0.02%	0.02%	0.02%
	LECO	C	0.03%	0.05%	0.03%
	LEN	D	0.16%	0.14%	0.14%
	LEN	D	0.16%	0.0%	0.0%
	LEN	D	0.01%	0.14%	0.01%
	LEN	D	0.01%	0.0%	0.0%
	LMT	D	0.32%	0.51%	0.32%
	LNC	B	0.02%	0.03%	0.02%
	LPX	A	0.01%	0.05%	0.01%
	LSCC	D	0.0%	0.02%	0.0%
	LYB	F	0.09%	0.17%	0.09%
	M	C	0.02%	0.01%	0.01%
	MAN	F	0.01%	0.01%	0.01%
	MAS	D	0.07%	0.07%	0.07%
	MCK	B	0.17%	0.5%	0.17%
	MDT	D	0.43%	0.7%	0.43%
	MET	C	0.18%	0.25%	0.18%
	MGM	D	0.03%	0.03%	0.03%
	MHK	D	0.03%	0.03%	0.03%
	MIDD	D	0.03%	0.03%	0.03%
	MMC	D	0.37%	0.58%	0.37%
	MMM	C	0.23%	0.31%	0.23%
	MO	A	0.36%	0.45%	0.36%
	MOS	D	0.03%	0.07%	0.03%
	MPC	D	0.21%	0.16%	0.16%
	MRNA	F	0.06%	0.02%	0.02%
	MRO	B	0.06%	0.05%	0.05%
	MSA	D	0.02%	0.03%	0.02%
	MSI	B	0.17%	0.2%	0.17%
	MSM	C	0.02%	0.02%	0.02%
	MTCH	F	0.03%	0.02%	0.02%
	MTD	F	0.11%	0.16%	0.11%
	MTG	C	0.03%	0.03%	0.03%
	NEU	C	0.02%	0.03%	0.02%
	NI	A	0.06%	0.12%	0.06%
	NNN	F	0.03%	0.04%	0.03%
	NTAP	D	0.05%	0.06%	0.05%
	NTNX	B	0.05%	0.04%	0.04%
	NUE	D	0.15%	0.29%	0.15%
	NVR	D	0.11%	0.09%	0.09%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.04%	0.03%	0.03%
	NYT	C	0.03%	0.02%	0.02%
	OC	A	0.06%	0.07%	0.06%
	OGN	F	0.02%	0.03%	0.02%
	OLN	F	0.02%	0.04%	0.02%
	OTIS	D	0.16%	0.17%	0.16%
	OXY	F	0.13%	0.1%	0.1%
	OZK	B	0.02%	0.03%	0.02%
	PATH	C	0.0%	0.01%	0.0%
	PAYX	B	0.12%	0.2%	0.12%
	PCAR	B	0.23%	0.26%	0.23%
	PCG	A	0.17%	0.33%	0.17%
	PG	C	1.18%	1.9%	1.18%
	PH	A	0.34%	0.39%	0.34%
	PHM	D	0.1%	0.09%	0.09%
	PINC	B	0.01%	0.02%	0.01%
	PK	C	0.01%	0.02%	0.01%
	PKG	B	0.08%	0.16%	0.08%
	PM	B	0.75%	0.96%	0.75%
	PPC	C	0.01%	0.01%	0.01%
	PPG	F	0.11%	0.22%	0.11%
	PRGO	C	0.01%	0.02%	0.01%
	PRU	B	0.17%	0.23%	0.17%
	PSTG	D	0.01%	0.04%	0.01%
	PSX	C	0.2%	0.15%	0.15%
	PVH	C	0.02%	0.02%	0.02%
	PYPL	A	0.33%	0.46%	0.33%
	QCOM	F	0.05%	0.46%	0.05%
	QGEN	D	0.04%	0.06%	0.04%
	QRVO	F	0.03%	0.02%	0.02%
	R	B	0.03%	0.03%	0.03%
	RCL	A	0.13%	0.19%	0.13%
	REGN	F	0.3%	0.16%	0.16%
	REYN	D	0.01%	0.01%	0.01%
	RGA	A	0.06%	0.08%	0.06%
	RHI	B	0.03%	0.03%	0.03%
	RJF	A	0.12%	0.16%	0.12%
	RL	B	0.03%	0.03%	0.03%
	ROIV	D	0.02%	0.01%	0.01%
	ROKU	C	0.03%	0.02%	0.02%
	ROST	D	0.14%	0.16%	0.14%
	RPM	A	0.05%	0.13%	0.05%
	RPRX	F	0.04%	0.06%	0.04%
	RS	C	0.07%	0.14%	0.07%
	RYN	F	0.02%	0.02%	0.02%
	SAIC	D	0.03%	0.03%	0.03%
	SAM	B	0.01%	0.01%	0.01%
	SBAC	D	0.09%	0.12%	0.09%
	SEB	F	0.0%	0.0%	0.0%
	SEIC	A	0.03%	0.04%	0.03%
	SF	A	0.04%	0.06%	0.04%
	SKX	F	0.03%	0.03%	0.03%
	SLM	A	0.02%	0.03%	0.02%
	SMG	D	0.01%	0.02%	0.01%
	SNA	A	0.07%	0.08%	0.07%
	SNX	C	0.04%	0.02%	0.02%
	SOLV	C	0.04%	0.06%	0.04%
	SON	F	0.02%	0.04%	0.02%
	SPG	A	0.17%	0.3%	0.17%
	SSNC	C	0.06%	0.07%	0.06%
	STAG	D	0.03%	0.03%	0.03%
	STLD	C	0.09%	0.16%	0.09%
	STT	B	0.11%	0.15%	0.11%
	SWK	F	0.05%	0.06%	0.05%
	SWKS	F	0.05%	0.03%	0.03%
	SYF	B	0.1%	0.14%	0.1%
	T	A	0.62%	0.36%	0.36%
	TAP	B	0.04%	0.05%	0.04%
	TGT	C	0.27%	0.34%	0.27%
	THC	B	0.06%	0.1%	0.06%
	THO	B	0.02%	0.02%	0.02%
	TJX	A	0.21%	0.47%	0.21%
	TMO	F	0.81%	1.3%	0.81%
	TNL	A	0.01%	0.01%	0.01%
	TOL	B	0.06%	0.06%	0.06%
	TPR	A	0.05%	0.04%	0.04%
	TROW	A	0.1%	0.13%	0.1%
	TT	B	0.24%	0.4%	0.24%
	UAL	A	0.11%	0.13%	0.11%
	UGI	D	0.02%	0.04%	0.02%
	UNM	A	0.05%	0.07%	0.05%
	UNP	D	0.3%	0.62%	0.3%
	UPS	C	0.37%	0.41%	0.37%
	UTHR	B	0.07%	0.03%	0.03%
	VIRT	B	0.01%	0.02%	0.01%
	VLO	C	0.17%	0.13%	0.13%
	VRSN	C	0.06%	0.04%	0.04%
	VRTX	B	0.26%	0.23%	0.23%
	VTRS	B	0.06%	0.1%	0.06%
	WAB	B	0.14%	0.15%	0.14%
	WCC	B	0.04%	0.04%	0.04%
	WFC	A	0.94%	1.35%	0.94%
	WH	A	0.03%	0.02%	0.02%
	WLK	F	0.02%	0.03%	0.02%
	WPC	F	0.05%	0.06%	0.05%
	WSM	F	0.03%	0.06%	0.03%
	WTFC	B	0.03%	0.04%	0.03%
	WTW	A	0.12%	0.17%	0.12%
	WU	F	0.01%	0.02%	0.01%
	WY	F	0.09%	0.12%	0.09%
	WYNN	C	0.03%	0.03%	0.03%
	XEL	A	0.14%	0.28%	0.14%
	XOM	B	2.09%	1.55%	1.55%
	XP	F	0.02%	0.04%	0.02%
	XRAY	F	0.01%	0.02%	0.01%
	ZBH	C	0.08%	0.14%	0.08%
	ZION	B	0.03%	0.05%	0.03%
	ZM	B	0.08%	0.05%	0.05%

GVUS Overweight 527 Positions Relative to RECS

	Symbol	Grade	Weight
	BRK.A	B	3.25%
	UNH	B	2.03%
	WMT	A	1.41%
	ACN	B	0.86%
	LIN	D	0.85%
	MCD	C	0.77%
	ABT	C	0.77%
	IBM	D	0.75%
	TXN	B	0.68%
	CMCSA	B	0.65%
	VZ	D	0.65%
	RTX	D	0.63%
	GE	D	0.61%
	NEE	D	0.61%
	DHR	F	0.61%
	SPGI	C	0.6%
	LOW	B	0.59%
	PFE	F	0.58%
	ETN	B	0.56%
	MS	A	0.54%
	GS	B	0.52%
	BSX	A	0.5%
	COP	C	0.5%
	MU	D	0.47%
	HON	B	0.46%
	CB	C	0.44%
	TMUS	A	0.44%
	INTC	C	0.43%
	ADI	D	0.43%
	KO	F	0.41%
	PLD	D	0.41%
	AXP	B	0.39%
	SCHW	B	0.38%
	DE	D	0.38%
	SYK	A	0.37%
	SO	D	0.37%
	GEV	B	0.36%
	BA	F	0.34%
	DUK	D	0.34%
	MDLZ	F	0.34%
	ICE	C	0.34%
	GD	C	0.33%
	ELV	F	0.32%
	WELL	B	0.32%
	AMD	F	0.31%
	PNC	B	0.31%
	HD	B	0.31%
	USB	B	0.3%
	AON	B	0.29%
	NOC	D	0.28%
	EMR	A	0.28%
	KKR	B	0.28%
	MRVL	B	0.28%
	APD	B	0.27%
	CVS	F	0.27%
	COF	B	0.27%
	FCX	F	0.26%
	WMB	B	0.26%
	CARR	C	0.25%
	MAR	A	0.25%
	NSC	B	0.24%
	SLB	C	0.24%
	GM	B	0.24%
	OKE	A	0.24%
	CEG	D	0.24%
	DLR	C	0.23%
	TRV	B	0.23%
	TDG	D	0.23%
	AJG	A	0.23%
	AFL	C	0.23%
	TFC	B	0.23%
	ROP	A	0.23%
	JCI	A	0.22%
	SRE	B	0.22%
	AEP	D	0.2%
	NEM	F	0.2%
	KMI	B	0.2%
	D	D	0.19%
	AIG	B	0.19%
	LHX	B	0.19%
	FIS	B	0.19%
	O	D	0.19%
	ITW	B	0.19%
	CCI	F	0.18%
	PEP	D	0.18%
	BKR	B	0.17%
	F	C	0.17%
	HWM	B	0.17%
	RSG	B	0.17%
	DFS	B	0.17%
	AME	A	0.17%
	URI	B	0.17%
	PSA	D	0.17%
	KVUE	A	0.17%
	CTVA	C	0.16%
	IR	A	0.16%
	CBRE	B	0.16%
	PEG	C	0.16%
	MCHP	F	0.15%
	MSTR	B	0.15%
	CTSH	A	0.15%
	A	F	0.15%
	DD	D	0.14%
	MLM	B	0.14%
	ACGL	C	0.14%
	APH	B	0.14%
	CHTR	B	0.14%
	KDP	C	0.14%
	STZ	D	0.14%
	GLW	B	0.14%
	VICI	D	0.13%
	DOW	F	0.13%
	GRMN	A	0.13%
	AVB	B	0.13%
	PWR	B	0.13%
	ED	D	0.13%
	HIG	C	0.13%
	GEHC	D	0.13%
	HUM	D	0.13%
	MTB	A	0.13%
	NKE	F	0.13%
	IQV	F	0.13%
	EXR	D	0.13%
	ANSS	B	0.12%
	XYL	F	0.12%
	ON	F	0.12%
	WEC	B	0.12%
	EBAY	C	0.12%
	EW	F	0.12%
	NDAQ	B	0.12%
	DOV	A	0.11%
	EQR	C	0.11%
	ROK	B	0.11%
	VMC	B	0.11%
	KEYS	C	0.11%
	TTWO	A	0.11%
	HUBB	C	0.1%
	SBUX	B	0.1%
	HBAN	A	0.1%
	HAL	C	0.1%
	CHD	A	0.1%
	VTR	C	0.1%
	EFX	F	0.1%
	AWK	D	0.1%
	RMD	C	0.1%
	SW	B	0.1%
	WBD	B	0.09%
	WDC	D	0.09%
	EQT	B	0.09%
	TDY	B	0.09%
	CINF	A	0.09%
	LNG	B	0.09%
	RF	A	0.09%
	IFF	F	0.09%
	SQ	B	0.09%
	FE	D	0.09%
	YUM	B	0.09%
	ILMN	C	0.09%
	PGR	A	0.09%
	PPL	A	0.09%
	DVN	F	0.09%
	MKC	D	0.08%
	PFG	C	0.08%
	ESS	C	0.08%
	IP	B	0.08%
	CMS	D	0.08%
	OMC	A	0.08%
	HOOD	B	0.08%
	LH	B	0.08%
	FSLR	F	0.08%
	NTRS	A	0.08%
	CFG	B	0.08%
	APO	B	0.08%
	STE	D	0.08%
	ES	D	0.08%
	ATO	B	0.08%
	HSY	F	0.08%
	GPC	D	0.07%
	IEX	B	0.07%
	PNR	A	0.07%
	KEY	B	0.07%
	IBKR	A	0.07%
	TRMB	B	0.07%
	WRB	B	0.07%
	DGX	B	0.07%
	WSO	B	0.07%
	J	D	0.07%
	MAA	C	0.07%
	BALL	D	0.07%
	MSCI	B	0.07%
	LUV	B	0.07%
	BBY	C	0.07%
	CNP	B	0.07%
	TRU	D	0.07%
	UDR	C	0.06%
	SYY	D	0.06%
	AMCR	D	0.06%
	COHR	C	0.06%
	GGG	B	0.06%
	NDSN	B	0.06%
	LNT	C	0.06%
	IRM	D	0.06%
	BRO	B	0.06%
	RVTY	C	0.06%
	USFD	B	0.06%
	APTV	F	0.06%
	JBHT	C	0.06%
	SUI	F	0.06%
	FNF	C	0.06%
	MKL	A	0.06%
	ZBRA	B	0.06%
	DOC	C	0.06%
	TXT	D	0.06%
	KIM	A	0.06%
	TSN	B	0.06%
	RBA	B	0.06%
	DG	F	0.06%
	RRX	B	0.05%
	TECH	D	0.05%
	NRG	C	0.05%
	ATR	A	0.05%
	ALB	C	0.05%
	EMN	D	0.05%
	FDS	A	0.05%
	SJM	F	0.05%
	UHS	D	0.05%
	BJ	B	0.05%
	EPAM	B	0.05%
	CHRW	A	0.05%
	SCI	B	0.05%
	CASY	B	0.05%
	DLTR	F	0.05%
	ALLE	D	0.05%
	NVT	C	0.05%
	CPT	C	0.05%
	TWLO	B	0.05%
	JKHY	C	0.05%
	AMAT	F	0.05%
	BXP	D	0.05%
	CLH	B	0.05%
	ELS	B	0.05%
	CDW	F	0.05%
	AKAM	F	0.05%
	REG	A	0.05%
	RNR	D	0.05%
	JBL	C	0.05%
	HES	B	0.05%
	ZTS	D	0.05%
	VLTO	D	0.05%
	PNFP	B	0.04%
	GMED	B	0.04%
	X	D	0.04%
	CMA	A	0.04%
	KNX	C	0.04%
	ORI	A	0.04%
	RBC	B	0.04%
	TFX	F	0.04%
	GME	C	0.04%
	CNH	D	0.04%
	FICO	B	0.04%
	TW	B	0.04%
	REXR	F	0.04%
	DRI	B	0.04%
	FRT	B	0.04%
	EL	F	0.04%
	WST	B	0.04%
	WAL	B	0.04%
	TTEK	F	0.04%
	FBIN	F	0.04%
	WBS	A	0.04%
	AFG	A	0.04%
	WTRG	C	0.04%
	RGLD	C	0.04%
	MKTX	C	0.04%
	PRI	B	0.04%
	EHC	B	0.04%
	OHI	C	0.04%
	LKQ	C	0.04%
	LAD	B	0.04%
	PNW	A	0.04%
	AVY	F	0.04%
	DPZ	C	0.04%
	DOX	C	0.04%
	WWD	B	0.04%
	AFRM	B	0.04%
	CTLT	D	0.04%
	DAY	B	0.04%
	CCK	D	0.04%
	CUBE	D	0.04%
	EVR	B	0.04%
	CRL	C	0.04%
	KMX	B	0.04%
	AA	C	0.04%
	IPG	F	0.04%
	SOFI	B	0.04%
	PFGC	B	0.04%
	CG	B	0.04%
	OVV	C	0.04%
	Z	B	0.04%
	COLD	F	0.03%
	PARA	B	0.03%
	IVZ	B	0.03%
	OKTA	C	0.03%
	DOCS	B	0.03%
	ALGN	D	0.03%
	RLI	A	0.03%
	AGNC	C	0.03%
	MAT	C	0.03%
	LSTR	B	0.03%
	FND	F	0.03%
	BBWI	C	0.03%
	VMI	B	0.03%
	WEX	D	0.03%
	CGNX	C	0.03%
	GXO	B	0.03%
	GNTX	C	0.03%
	BIO	C	0.03%
	FCN	F	0.03%
	MOH	F	0.03%
	CHE	D	0.03%
	FR	D	0.03%
	ATI	F	0.03%
	SSD	F	0.03%
	PB	B	0.03%
	MKSI	C	0.03%
	VFC	C	0.03%
	PR	C	0.03%
	GWW	B	0.03%
	OSK	B	0.03%
	ADC	A	0.03%
	FMC	F	0.03%
	FAST	B	0.03%
	DASH	A	0.03%
	MTSI	B	0.03%
	MNST	B	0.03%
	BERY	D	0.03%
	RRC	B	0.03%
	BWA	B	0.03%
	APA	F	0.03%
	LW	B	0.03%
	HII	F	0.03%
	VNO	C	0.03%
	KBR	D	0.03%
	ECL	C	0.03%
	SHW	A	0.03%
	CFR	B	0.03%
	LBRDK	C	0.03%
	CHRD	D	0.03%
	VOYA	B	0.03%
	RIVN	F	0.03%
	TKO	D	0.03%
	CBSH	A	0.03%
	SNV	B	0.03%
	COIN	B	0.03%
	HLI	B	0.03%
	AAL	B	0.03%
	LAMR	D	0.03%
	FYBR	D	0.03%
	AR	B	0.03%
	OGE	B	0.03%
	EGP	D	0.03%
	HSIC	F	0.03%
	CR	B	0.03%
	GWRE	A	0.03%
	CPB	F	0.03%
	HRL	F	0.03%
	CZR	F	0.03%
	AXTA	A	0.03%
	TTC	F	0.03%
	ALLY	C	0.03%
	WAT	B	0.03%
	BWXT	B	0.03%
	GPK	D	0.03%
	PTC	B	0.03%
	MTZ	B	0.03%
	DXC	B	0.02%
	GFS	C	0.02%
	IAC	F	0.02%
	HOG	D	0.02%
	OLED	F	0.02%
	FLO	F	0.02%
	NWL	B	0.02%
	KMPR	A	0.02%
	TPG	B	0.02%
	WTM	A	0.02%
	PAYC	B	0.02%
	TYL	B	0.02%
	AN	C	0.02%
	SITE	D	0.02%
	DLB	D	0.02%
	SLGN	B	0.02%
	AWI	B	0.02%
	AGO	B	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	SEE	C	0.02%
	AL	B	0.02%
	ST	F	0.02%
	AZO	B	0.02%
	BYD	A	0.02%
	HXL	F	0.02%
	AVT	C	0.02%
	WSC	F	0.02%
	TKR	F	0.02%
	PSN	C	0.02%
	AMP	A	0.02%
	SN	C	0.02%
	NFG	D	0.02%
	POST	D	0.02%
	SAIA	B	0.02%
	WMS	F	0.02%
	BC	D	0.02%
	LITE	B	0.02%
	THG	A	0.02%
	AGCO	F	0.02%
	FNB	B	0.02%
	LFUS	D	0.02%
	IDA	A	0.02%
	BFAM	F	0.02%
	WHR	B	0.02%
	STWD	C	0.02%
	ORLY	A	0.02%
	OLLI	C	0.02%
	BPOP	C	0.02%
	MTDR	B	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	RGEN	C	0.02%
	KD	A	0.02%
	ONTO	F	0.02%
	S	B	0.02%
	SIRI	C	0.02%
	ESI	B	0.02%
	ARW	F	0.02%
	FAF	C	0.02%
	ALK	A	0.02%
	NOV	C	0.02%
	DAR	B	0.02%
	WBA	D	0.02%
	NCNO	B	0.01%
	TER	F	0.01%
	SNDR	B	0.01%
	TRIP	D	0.01%
	LEG	F	0.01%
	QS	F	0.01%
	UA	B	0.01%
	WEN	C	0.01%
	BIRK	F	0.01%
	CNXC	F	0.01%
	CLVT	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	LCID	F	0.01%
	KSS	D	0.01%
	GO	C	0.01%
	LYFT	B	0.01%
	AZEK	B	0.01%
	SHC	D	0.01%
	UAA	B	0.01%
	ETSY	D	0.01%
	RKT	F	0.01%
	MP	C	0.01%
	BRKR	F	0.01%
	GLOB	B	0.01%
	RCM	B	0.01%
	AAP	C	0.01%
	YETI	D	0.01%
	CPRI	F	0.01%
	JWN	B	0.01%
	IPGP	C	0.01%
	HAYW	B	0.01%
	ENOV	C	0.01%
	HHH	B	0.01%
	AGR	C	0.01%
	BOKF	B	0.01%
	BROS	B	0.01%
	ULTA	C	0.01%
	CC	C	0.01%
	COTY	D	0.01%
	SPB	A	0.01%
	CXT	F	0.01%
	PAG	B	0.01%
	MPW	F	0.01%
	AMED	F	0.01%
	PENN	B	0.01%
	NXST	C	0.01%
	NSA	D	0.01%
	SPR	F	0.01%
	IRDM	B	0.01%
	VAC	B	0.01%
	HUN	F	0.01%
	CPRT	A	0.01%
	MASI	B	0.01%
	BHF	B	0.01%
	ZG	B	0.01%
	LOPE	B	0.01%
	U	F	0.01%
	FHB	B	0.01%
	AM	B	0.01%
	NVST	C	0.01%
	PII	F	0.01%
	W	F	0.01%
	MDU	D	0.01%
	ACHC	F	0.01%
	ZI	C	0.01%
	RH	C	0.01%
	PLNT	A	0.01%
	UHAL	D	0.01%
	MSGS	B	0.01%
	DNB	B	0.01%
	SEG	F	0.0%
	UWMC	F	0.0%
	TXG	F	0.0%
	CACC	D	0.0%
	DJT	C	0.0%
	PYCR	B	0.0%
	HCP	A	0.0%
	FIVE	F	0.0%
	CAR	C	0.0%
	TFSL	A	0.0%
	CERT	F	0.0%
	HAS	D	0.0%
	INFA	F	0.0%
	LBRDA	C	0.0%
	MTN	C	0.0%
	DV	C	0.0%
	WOLF	F	0.0%

GVUS Underweight 52 Positions Relative to RECS

	Symbol	Grade	Weight
	NVDA	A	-8.48%
	AAPL	C	-7.95%
	MSFT	C	-7.44%
	AMZN	A	-4.75%
	META	B	-2.94%
	GOOGL	C	-2.36%
	GOOG	C	-2.0%
	UBER	F	-0.61%
	ADBE	C	-0.52%
	NOW	A	-0.5%
	AMT	F	-0.47%
	INTU	A	-0.45%
	WM	A	-0.38%
	VST	B	-0.37%
	PLTR	B	-0.31%
	PANW	B	-0.28%
	COR	B	-0.26%
	ANET	C	-0.25%
	LRCX	F	-0.24%
	CRWD	B	-0.19%
	VRT	B	-0.19%
	APP	B	-0.18%
	SPOT	A	-0.14%
	LULU	B	-0.14%
	TTD	B	-0.13%
	DECK	B	-0.1%
	DDOG	B	-0.09%
	TEAM	B	-0.09%
	EXPE	B	-0.08%
	EQH	B	-0.08%
	FIX	B	-0.07%
	MPWR	F	-0.07%
	BURL	C	-0.06%
	LVS	C	-0.06%
	MEDP	D	-0.05%
	MANH	C	-0.04%
	DOCU	B	-0.04%
	PINS	F	-0.04%
	ZS	B	-0.04%
	TXRH	A	-0.04%
	NTRA	B	-0.03%
	LNW	F	-0.03%
	GTLB	B	-0.02%
	SMAR	A	-0.02%
	WFRD	F	-0.02%
	NBIX	C	-0.02%
	APLS	F	-0.01%
	RARE	F	-0.01%
	PEGA	B	-0.01%
	VKTX	F	-0.01%
	SRPT	F	-0.01%
	PLTK	B	-0.0%

GVUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Oil & Gas E&P Asset Management 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 Beverage Dow Jones Component Medicine

RECS: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Diversified Industrials Asset Management Business Services Semiconductors Software - Infrastructure Banks - Regional - US Internet Content & Information Packaged Foods Specialty Chemicals Utilities - Regulated Electric Building Materials Communication Equipment Diagnostics & Research Drug Manufacturers - Major Oil & Gas E&P Banks - Global Insurance - Life Residential Construction

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Biotechnology Bank Medicine Banking Electricity Software Work From Home Clothing Dow Jones Component IBD 50 Mining Real Estate Investment Trust Telecommunications Biopharmaceutical Electronics