GVUS vs. SPUS ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

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

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	SPUS
30 Days	2.39%	1.91%
60 Days	4.06%	2.94%
90 Days	5.58%	3.81%
12 Months		29.89%

184 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in SPUS	Overlap
A	D	0.14%	0.12%	0.12%
ABBV	D	0.65%	0.94%	0.65%
ABT	B	0.78%	0.64%	0.64%
ACN	C	0.86%	0.71%	0.71%
ADI	D	0.4%	0.33%	0.33%
ADM	D	0.1%	0.08%	0.08%
AKAM	D	0.05%	0.04%	0.04%
ALB	C	0.05%	0.04%	0.04%
ALGN	D	0.03%	0.05%	0.03%
ALLE	D	0.05%	0.04%	0.04%
AMAT	F	0.04%	0.45%	0.04%
AMD	F	0.29%	0.71%	0.29%
AME	A	0.17%	0.14%	0.14%
ANSS	B	0.11%	0.1%	0.1%
AOS	F	0.03%	0.03%	0.03%
APD	A	0.27%	0.23%	0.23%
APH	A	0.14%	0.27%	0.14%
APTV	D	0.06%	0.04%	0.04%
AVB	B	0.13%	0.1%	0.1%
AVY	D	0.04%	0.05%	0.04%
AZO	C	0.02%	0.17%	0.02%
BBY	D	0.08%	0.05%	0.05%
BDX	F	0.25%	0.2%	0.2%
BIIB	F	0.09%	0.07%	0.07%
BKNG	A	0.04%	0.53%	0.04%
BKR	B	0.17%	0.14%	0.14%
BLDR	D	0.07%	0.06%	0.06%
BSX	B	0.5%	0.42%	0.42%
CAH	B	0.05%	0.09%	0.05%
CDW	F	0.05%	0.07%	0.05%
CEG	D	0.23%	0.23%	0.23%
CF	B	0.06%	0.05%	0.05%
CHD	B	0.1%	0.09%	0.09%
CHRW	C	0.05%	0.04%	0.04%
CL	D	0.13%	0.24%	0.13%
CMI	A	0.19%	0.16%	0.16%
COP	C	0.51%	0.42%	0.42%
CPRT	A	0.01%	0.15%	0.01%
CPT	B	0.05%	0.04%	0.04%
CRL	C	0.04%	0.03%	0.03%
CRM	B	0.18%	1.0%	0.18%
CSCO	B	0.91%	0.74%	0.74%
CSX	B	0.27%	0.21%	0.21%
CTAS	B	0.01%	0.24%	0.01%
CTRA	B	0.07%	0.06%	0.06%
CTSH	B	0.15%	0.12%	0.12%
CTVA	C	0.15%	0.13%	0.13%
DD	D	0.13%	0.11%	0.11%
DHI	D	0.19%	0.15%	0.15%
DHR	F	0.58%	0.48%	0.48%
DOV	A	0.11%	0.09%	0.09%
DVN	F	0.09%	0.08%	0.08%
EBAY	D	0.12%	0.09%	0.09%
ECL	D	0.03%	0.19%	0.03%
EFX	F	0.09%	0.1%	0.09%
EL	F	0.04%	0.05%	0.04%
EMR	A	0.28%	0.24%	0.24%
EOG	A	0.3%	0.25%	0.25%
EPAM	C	0.05%	0.04%	0.04%
EQIX	A	0.31%	0.28%	0.28%
EQR	B	0.11%	0.08%	0.08%
ETN	A	0.56%	0.46%	0.46%
EW	C	0.13%	0.13%	0.13%
EXPD	D	0.06%	0.05%	0.05%
FAST	B	0.03%	0.15%	0.03%
FCX	D	0.24%	0.2%	0.2%
FFIV	B	0.05%	0.04%	0.04%
FICO	B	0.03%	0.18%	0.03%
FSLR	F	0.08%	0.06%	0.06%
FTNT	C	0.04%	0.19%	0.04%
FTV	C	0.1%	0.08%	0.08%
GEHC	F	0.13%	0.12%	0.12%
GILD	C	0.43%	0.35%	0.35%
GIS	D	0.14%	0.11%	0.11%
GLW	B	0.14%	0.12%	0.12%
GNRC	B	0.02%	0.03%	0.02%
GPC	D	0.07%	0.05%	0.05%
GRMN	B	0.12%	0.1%	0.1%
GWW	B	0.03%	0.17%	0.03%
HAL	C	0.1%	0.09%	0.09%
HD	A	0.32%	1.26%	0.32%
HES	B	0.06%	0.13%	0.06%
HOLX	D	0.07%	0.06%	0.06%
HON	B	0.49%	0.47%	0.47%
HPQ	B	0.11%	0.11%	0.11%
HSIC	B	0.03%	0.03%	0.03%
HSY	F	0.08%	0.08%	0.08%
HUBB	B	0.09%	0.08%	0.08%
IEX	B	0.07%	0.05%	0.05%
INCY	C	0.04%	0.04%	0.04%
IR	B	0.16%	0.13%	0.13%
ITW	B	0.19%	0.23%	0.19%
J	F	0.07%	0.05%	0.05%
JBHT	C	0.06%	0.05%	0.05%
JBL	B	0.05%	0.05%	0.05%
JCI	C	0.22%	0.18%	0.18%
JNJ	D	1.44%	1.17%	1.17%
JNPR	F	0.05%	0.04%	0.04%
K	A	0.08%	0.07%	0.07%
KDP	D	0.14%	0.11%	0.11%
KEYS	A	0.1%	0.09%	0.09%
KMB	D	0.1%	0.15%	0.1%
KVUE	A	0.18%	0.14%	0.14%
LH	C	0.08%	0.06%	0.06%
LIN	D	0.84%	0.69%	0.69%
LKQ	D	0.04%	0.03%	0.03%
LOW	D	0.6%	0.48%	0.48%
LW	C	0.03%	0.03%	0.03%
MAA	B	0.07%	0.06%	0.06%
MAS	D	0.07%	0.05%	0.05%
MCHP	D	0.13%	0.11%	0.11%
MCK	B	0.17%	0.26%	0.17%
MDLZ	F	0.34%	0.27%	0.27%
MDT	D	0.44%	0.34%	0.34%
MHK	D	0.03%	0.02%	0.02%
MKC	D	0.07%	0.06%	0.06%
MLM	B	0.13%	0.11%	0.11%
MMM	D	0.23%	0.22%	0.22%
MNST	C	0.03%	0.12%	0.03%
MOH	F	0.02%	0.05%	0.02%
MOS	F	0.03%	0.03%	0.03%
MSI	B	0.16%	0.26%	0.16%
MTD	D	0.1%	0.08%	0.08%
MU	D	0.41%	0.35%	0.35%
NDSN	B	0.06%	0.04%	0.04%
NEM	D	0.18%	0.16%	0.16%
NKE	D	0.14%	0.28%	0.14%
NSC	B	0.23%	0.19%	0.19%
NTAP	C	0.05%	0.08%	0.05%
NUE	C	0.14%	0.11%	0.11%
ON	D	0.11%	0.09%	0.09%
ORLY	B	0.02%	0.22%	0.02%
OTIS	C	0.16%	0.13%	0.13%
PAYC	B	0.02%	0.03%	0.02%
PEP	F	0.18%	0.69%	0.18%
PG	A	1.21%	1.28%	1.21%
PH	A	0.35%	0.28%	0.28%
PHM	D	0.1%	0.08%	0.08%
PKG	A	0.08%	0.07%	0.07%
PLD	D	0.41%	0.34%	0.34%
PNR	A	0.07%	0.05%	0.05%
PPG	F	0.11%	0.09%	0.09%
PTC	A	0.03%	0.07%	0.03%
PWR	A	0.13%	0.16%	0.13%
QCOM	F	0.04%	0.55%	0.04%
QRVO	F	0.02%	0.02%	0.02%
REGN	F	0.28%	0.25%	0.25%
RL	B	0.03%	0.03%	0.03%
RMD	C	0.1%	0.11%	0.1%
ROK	B	0.12%	0.1%	0.1%
ROP	B	0.23%	0.19%	0.19%
ROST	C	0.14%	0.15%	0.14%
RSG	A	0.17%	0.14%	0.14%
SHW	A	0.03%	0.27%	0.03%
SLB	C	0.24%	0.2%	0.2%
STE	F	0.08%	0.07%	0.07%
STLD	B	0.08%	0.07%	0.07%
SWKS	F	0.05%	0.04%	0.04%
SYK	C	0.39%	0.42%	0.39%
TECH	D	0.04%	0.03%	0.03%
TER	D	0.01%	0.05%	0.01%
TFX	F	0.04%	0.03%	0.03%
TGT	F	0.27%	0.18%	0.18%
TJX	A	0.22%	0.43%	0.22%
TMO	F	0.76%	0.62%	0.62%
TRMB	B	0.07%	0.05%	0.05%
TT	A	0.24%	0.3%	0.24%
TXN	C	0.63%	0.58%	0.58%
TYL	B	0.01%	0.08%	0.01%
ULTA	F	0.01%	0.05%	0.01%
UNP	C	0.29%	0.45%	0.29%
UPS	C	0.38%	0.31%	0.31%
VLO	C	0.17%	0.14%	0.14%
VLTO	D	0.05%	0.08%	0.05%
VMC	B	0.11%	0.12%	0.11%
VRSN	F	0.06%	0.05%	0.05%
WAB	B	0.13%	0.11%	0.11%
WAT	B	0.03%	0.07%	0.03%
WST	C	0.03%	0.07%	0.03%
WY	D	0.09%	0.07%	0.07%
XOM	B	2.08%	1.7%	1.7%
XYL	D	0.11%	0.09%	0.09%
ZBH	C	0.09%	0.07%	0.07%
ZBRA	B	0.06%	0.06%	0.06%

GVUS Overweight 652 Positions Relative to SPUS

Symbol	Grade	Weight
BRK.A	B	3.35%
JPM	A	2.73%
UNH	C	1.98%
WMT	A	1.42%
BAC	A	1.23%
CVX	A	1.08%
WFC	A	1.01%
DIS	B	0.82%
PM	B	0.78%
MCD	D	0.77%
IBM	C	0.73%
VZ	C	0.68%
CMCSA	B	0.64%
CAT	B	0.63%
T	A	0.63%
NEE	D	0.61%
SPGI	C	0.61%
RTX	C	0.61%
BLK	C	0.6%
GE	D	0.59%
MS	A	0.57%
PFE	D	0.55%
GS	A	0.53%
C	A	0.51%
CB	C	0.45%
TMUS	B	0.44%
BMY	B	0.44%
SCHW	B	0.42%
KO	D	0.4%
INTC	D	0.4%
DE	A	0.39%
AXP	A	0.39%
MMC	B	0.37%
MO	A	0.37%
SO	D	0.37%
GEV	B	0.35%
DUK	C	0.34%
PYPL	B	0.34%
ICE	C	0.34%
CME	A	0.32%
CI	F	0.32%
WELL	A	0.32%
FI	A	0.32%
PNC	B	0.32%
GD	F	0.31%
ELV	F	0.31%
BA	F	0.31%
USB	A	0.3%
LMT	D	0.3%
AON	A	0.29%
KKR	A	0.28%
WMB	A	0.27%
MRVL	B	0.27%
COF	B	0.27%
FDX	B	0.26%
CVS	D	0.26%
NOC	D	0.26%
GM	B	0.25%
MAR	B	0.25%
OKE	A	0.25%
AFL	B	0.24%
TFC	A	0.24%
CARR	D	0.24%
DLR	B	0.23%
SRE	A	0.23%
AJG	B	0.23%
TRV	B	0.23%
VRTX	F	0.23%
MPC	D	0.22%
BK	A	0.22%
PCAR	B	0.22%
KMI	A	0.21%
TDG	D	0.21%
PSX	C	0.21%
AEP	D	0.2%
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%
PCG	A	0.18%
CCI	D	0.18%
PRU	A	0.18%
LHX	C	0.18%
HWM	A	0.17%
EA	A	0.17%
F	C	0.17%
SPG	B	0.17%
URI	B	0.17%
ALL	A	0.17%
DFS	B	0.17%
PEG	A	0.17%
PSA	D	0.17%
CBRE	B	0.16%
LEN	D	0.16%
DAL	C	0.16%
STZ	D	0.15%
KR	B	0.15%
XEL	A	0.15%
EXC	C	0.15%
MTB	A	0.14%
RCL	A	0.14%
ACGL	D	0.14%
CHTR	C	0.14%
NDAQ	A	0.13%
VICI	C	0.13%
FANG	D	0.13%
HUM	C	0.13%
OXY	D	0.13%
ED	D	0.13%
AMGN	D	0.13%
EXR	D	0.13%
HIG	B	0.13%
HLT	A	0.12%
TTWO	A	0.12%
UAL	A	0.12%
DELL	C	0.12%
CNC	D	0.12%
RJF	A	0.12%
IQV	D	0.12%
WEC	A	0.12%
DOW	F	0.12%
ETR	B	0.12%
EIX	B	0.12%
FITB	A	0.12%
WTW	B	0.12%
SQ	B	0.11%
HPE	B	0.11%
KHC	F	0.11%
STT	A	0.11%
CSGP	D	0.11%
PAYX	C	0.11%
GPN	B	0.11%
DTE	C	0.1%
PPL	B	0.1%
SBUX	A	0.1%
NVR	D	0.1%
HBAN	A	0.1%
SYF	B	0.1%
VTR	C	0.1%
TROW	B	0.1%
AWK	D	0.1%
SW	A	0.1%
FCNCA	A	0.1%
IFF	D	0.09%
WBD	C	0.09%
YUM	B	0.09%
CINF	A	0.09%
PGR	A	0.09%
EQT	B	0.09%
SBAC	D	0.09%
FE	C	0.09%
LNG	B	0.09%
RF	A	0.09%
CCL	B	0.09%
AEE	A	0.09%
MSCI	C	0.08%
ESS	B	0.08%
LUV	C	0.08%
CNP	B	0.08%
PFG	D	0.08%
IP	B	0.08%
CMS	C	0.08%
WDC	D	0.08%
INVH	D	0.08%
CBOE	B	0.08%
ZM	B	0.08%
CFG	B	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
APO	B	0.08%
LYB	F	0.08%
ILMN	D	0.08%
TDY	B	0.08%
LDOS	C	0.08%
ES	D	0.08%
ATO	A	0.08%
OC	A	0.07%
RBA	A	0.07%
TRU	D	0.07%
CSL	C	0.07%
WRB	A	0.07%
KEY	B	0.07%
RS	B	0.07%
DGX	A	0.07%
WSO	A	0.07%
TSN	B	0.07%
ARE	D	0.07%
SNA	A	0.07%
BALL	D	0.07%
IBKR	A	0.07%
OMC	C	0.07%
SYY	B	0.06%
EVRG	A	0.06%
EWBC	A	0.06%
IRM	D	0.06%
ACM	A	0.06%
UDR	B	0.06%
AMCR	D	0.06%
THC	D	0.06%
DOC	D	0.06%
USFD	A	0.06%
BRO	B	0.06%
MKL	A	0.06%
GGG	B	0.06%
L	A	0.06%
RGA	A	0.06%
VTRS	A	0.06%
SUI	D	0.06%
LNT	A	0.06%
SSNC	B	0.06%
FNF	B	0.06%
TXT	D	0.06%
TOL	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%
CVNA	B	0.06%
DG	F	0.06%
Z	A	0.05%
UHS	D	0.05%
OVV	B	0.05%
SOFI	A	0.05%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
BMRN	D	0.05%
SCI	B	0.05%
NVT	B	0.05%
NTNX	A	0.05%
FTI	A	0.05%
HST	C	0.05%
WPC	D	0.05%
CLH	B	0.05%
BXP	D	0.05%
ITT	A	0.05%
JKHY	D	0.05%
CASY	A	0.05%
AMH	D	0.05%
CAG	D	0.05%
BG	F	0.05%
AFRM	B	0.05%
COHR	B	0.05%
GLPI	C	0.05%
SWK	D	0.05%
TPR	B	0.05%
ELS	C	0.05%
DLTR	F	0.05%
RPM	A	0.05%
EG	C	0.05%
RVTY	F	0.05%
UNM	A	0.05%
TWLO	A	0.05%
RNR	C	0.05%
REG	B	0.05%
CW	B	0.05%
EME	C	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TW	A	0.04%
WCC	B	0.04%
GMED	A	0.04%
QGEN	D	0.04%
CMA	A	0.04%
REXR	F	0.04%
DCI	B	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
ADP	B	0.04%
RGLD	C	0.04%
FRT	B	0.04%
SOLV	C	0.04%
INGR	B	0.04%
BRBR	A	0.04%
DRI	B	0.04%
PNFP	B	0.04%
ORI	A	0.04%
AYI	B	0.04%
CNH	C	0.04%
JEF	A	0.04%
GL	B	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%
EHC	B	0.04%
DTM	B	0.04%
DAY	B	0.04%
OHI	C	0.04%
AES	F	0.04%
GME	C	0.04%
ARMK	B	0.04%
LAD	A	0.04%
AFG	A	0.04%
RPRX	D	0.04%
BLD	D	0.04%
WWD	B	0.04%
IPG	D	0.04%
WBS	A	0.04%
PNW	B	0.04%
DKS	C	0.04%
ALSN	B	0.04%
PRI	A	0.04%
CACI	D	0.04%
FOXA	B	0.04%
CCK	C	0.04%
CTLT	B	0.04%
EVR	B	0.04%
CUBE	D	0.04%
PFGC	B	0.04%
NWSA	B	0.04%
TAP	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%
AIZ	A	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%
STAG	F	0.03%
AGNC	D	0.03%
MKSI	C	0.03%
MTG	C	0.03%
HRB	D	0.03%
VMI	B	0.03%
ALK	C	0.03%
AXS	A	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%
FR	C	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%
BBWI	D	0.03%
R	B	0.03%
OSK	B	0.03%
MIDD	C	0.03%
PR	B	0.03%
LBRDK	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
KEX	C	0.03%
DASH	A	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%
BERY	B	0.03%
G	B	0.03%
CRBG	B	0.03%
FLS	B	0.03%
RIVN	F	0.03%
CHRD	D	0.03%
MTCH	D	0.03%
RRC	B	0.03%
ACI	C	0.03%
BWA	D	0.03%
CZR	F	0.03%
X	C	0.03%
APG	B	0.03%
WTFC	A	0.03%
APA	D	0.03%
TKO	B	0.03%
SEIC	B	0.03%
SNV	B	0.03%
CFR	B	0.03%
LAMR	D	0.03%
HLI	B	0.03%
LECO	B	0.03%
EGP	F	0.03%
VOYA	B	0.03%
CPB	D	0.03%
NYT	C	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%
OGE	B	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%
BRX	A	0.03%
MGM	D	0.03%
SNX	C	0.03%
KNX	B	0.03%
AAL	B	0.03%
AR	B	0.03%
RBC	A	0.03%
AXTA	A	0.03%
OGN	D	0.02%
NWL	B	0.02%
SITE	D	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%
M	D	0.02%
GTES	A	0.02%
WLK	D	0.02%
KMPR	B	0.02%
GAP	C	0.02%
AWI	A	0.02%
EEFT	B	0.02%
RYN	D	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
KRC	C	0.02%
CUZ	B	0.02%
DBX	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%
SON	D	0.02%
HXL	D	0.02%
SEE	C	0.02%
OLN	D	0.02%
BYD	C	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%
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%
CRUS	D	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%
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%
BIO	D	0.02%
ARW	D	0.02%
MTDR	B	0.02%
COLD	D	0.02%
BEN	C	0.02%
ESI	A	0.02%
LNC	B	0.02%
NOV	C	0.02%
OKTA	C	0.02%
SIRI	C	0.02%
OMF	A	0.02%
KD	B	0.02%
SAIC	F	0.02%
MSA	D	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%
EXEL	B	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%
ADTN	A	0.01%
LEN	D	0.01%
VSTS	C	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%
LYFT	C	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%
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	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%
CXT	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%
VAC	B	0.01%
ZI	D	0.01%
HUN	F	0.01%
MASI	A	0.01%
ZG	A	0.01%
EPR	D	0.01%
ALNY	D	0.01%
BHF	B	0.01%
ACHC	F	0.01%
ASH	D	0.01%
AM	A	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%
NWS	B	0.01%
NEU	C	0.01%
OLED	D	0.01%
PRGO	B	0.01%
GFS	C	0.01%
TNL	A	0.01%
MSM	C	0.01%
CIVI	D	0.01%
MDU	D	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%
CWEN	C	0.0%
DV	C	0.0%
NCNO	B	0.0%

GVUS Underweight 39 Positions Relative to SPUS

Symbol	Grade	Weight
NVDA	C	-11.41%
AAPL	C	-11.07%
MSFT	F	-9.82%
AMZN	C	-6.03%
META	D	-3.93%
GOOGL	C	-3.28%
TSLA	B	-3.02%
GOOG	C	-2.71%
AVGO	D	-2.42%
LLY	F	-1.89%
MRK	F	-0.79%
ADBE	C	-0.7%
NOW	A	-0.67%
ISRG	A	-0.61%
UBER	D	-0.46%
PANW	C	-0.4%
ANET	C	-0.31%
LRCX	F	-0.29%
KLAC	D	-0.26%
SNPS	B	-0.26%
CDNS	B	-0.26%
WM	A	-0.25%
ADSK	A	-0.21%
NXPI	D	-0.18%
COR	B	-0.14%
IT	C	-0.13%
ODFL	B	-0.13%
IDXX	F	-0.11%
LULU	C	-0.11%
DXCM	D	-0.1%
DECK	A	-0.09%
MPWR	F	-0.09%
TSCO	D	-0.09%
CLX	B	-0.07%
PODD	C	-0.06%
SMCI	F	-0.04%
POOL	C	-0.04%
ROL	B	-0.04%
ENPH	F	-0.03%