GVUS vs. SSPY ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Syntax Stratified LargeCap ETF (SSPY)

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

$48.37

Average Daily Volume

15,967

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$77.79

Average Daily Volume

3,796

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	SSPY
30 Days	-0.54%	-1.17%
60 Days	-0.07%	-2.47%
90 Days	5.55%	2.50%
12 Months		25.30%

435 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in SSPY	Overlap
A	F	0.15%	0.15%	0.15%
ABBV	A	0.75%	0.24%	0.24%
ABT	C	0.78%	0.06%	0.06%
ACGL	D	0.15%	0.14%	0.14%
ACN	C	0.9%	0.13%	0.13%
ADI	C	0.45%	0.22%	0.22%
ADM	F	0.11%	0.37%	0.11%
ADP	A	0.03%	0.21%	0.03%
AEE	B	0.09%	0.08%	0.08%
AEP	D	0.21%	0.24%	0.21%
AES	F	0.05%	0.32%	0.05%
AFL	C	0.24%	0.2%	0.2%
AIG	B	0.2%	0.2%	0.2%
AIZ	D	0.04%	0.2%	0.04%
AJG	D	0.23%	0.03%	0.03%
AKAM	C	0.06%	0.27%	0.06%
ALB	C	0.04%	0.05%	0.04%
ALGN	F	0.03%	0.1%	0.03%
ALL	C	0.17%	0.2%	0.17%
ALLE	C	0.05%	0.08%	0.05%
AMAT	F	0.05%	0.18%	0.05%
AMCR	B	0.06%	0.13%	0.06%
AMD	F	0.34%	0.14%	0.14%
AME	A	0.15%	0.13%	0.13%
AMGN	C	0.15%	0.24%	0.15%
AMP	B	0.02%	0.08%	0.02%
ANSS	C	0.11%	0.17%	0.11%
AON	A	0.29%	0.04%	0.04%
AOS	F	0.04%	0.21%	0.04%
APA	F	0.04%	0.07%	0.04%
APD	B	0.28%	0.05%	0.05%
APH	B	0.14%	0.19%	0.14%
APTV	F	0.07%	0.4%	0.07%
ARE	F	0.08%	0.11%	0.08%
ATO	B	0.08%	0.33%	0.08%
AVB	C	0.13%	0.1%	0.1%
AVY	D	0.04%	0.06%	0.04%
AWK	D	0.11%	0.32%	0.11%
AXP	B	0.37%	0.04%	0.04%
AZO	C	0.02%	0.14%	0.02%
BA	F	0.3%	0.16%	0.16%
BAC	B	1.13%	0.12%	0.12%
BALL	F	0.08%	0.13%	0.08%
BAX	F	0.07%	0.05%	0.05%
BBWI	F	0.03%	0.19%	0.03%
BBY	D	0.08%	0.17%	0.08%
BDX	D	0.27%	0.05%	0.05%
BEN	B	0.02%	0.09%	0.02%
BG	F	0.05%	0.37%	0.05%
BIIB	F	0.11%	0.24%	0.11%
BK	B	0.22%	0.11%	0.11%
BKNG	A	0.04%	0.11%	0.04%
BKR	A	0.15%	0.35%	0.15%
BLDR	F	0.08%	0.19%	0.08%
BMY	A	0.42%	0.25%	0.25%
BR	C	0.01%	0.11%	0.01%
BRK.A	D	3.29%	0.5%	0.5%
BRO	B	0.06%	0.04%	0.04%
BSX	B	0.49%	0.06%	0.06%
BWA	C	0.03%	0.42%	0.03%
BXP	B	0.06%	0.11%	0.06%
C	A	0.47%	0.13%	0.13%
CAG	D	0.06%	0.21%	0.06%
CAH	D	0.04%	0.19%	0.04%
CARR	D	0.25%	0.08%	0.08%
CAT	B	0.64%	0.14%	0.14%
CB	C	0.46%	0.14%	0.14%
CBOE	A	0.09%	0.04%	0.04%
CBRE	A	0.16%	0.04%	0.04%
CCI	D	0.19%	0.06%	0.06%
CCL	A	0.08%	0.09%	0.08%
CDW	F	0.06%	0.13%	0.06%
CE	F	0.04%	0.07%	0.04%
CEG	B	0.28%	0.38%	0.28%
CF	D	0.06%	0.09%	0.06%
CFG	A	0.08%	0.06%	0.06%
CHD	D	0.1%	0.42%	0.1%
CHRW	C	0.05%	0.09%	0.05%
CHTR	D	0.12%	0.47%	0.12%
CI	F	0.32%	0.19%	0.19%
CINF	B	0.09%	0.14%	0.09%
CL	D	0.14%	0.41%	0.14%
CMCSA	A	0.63%	0.52%	0.52%
CME	A	0.32%	0.04%	0.04%
CMI	B	0.18%	0.08%	0.08%
CMS	C	0.08%	0.08%	0.08%
CNC	F	0.13%	0.26%	0.13%
CNP	B	0.07%	0.26%	0.07%
COF	A	0.24%	0.7%	0.24%
COP	C	0.49%	0.07%	0.07%
CPB	D	0.04%	0.2%	0.04%
CPRT	D	0.01%	0.23%	0.01%
CPT	D	0.05%	0.11%	0.05%
CRL	F	0.04%	0.14%	0.04%
CRM	B	0.16%	0.35%	0.16%
CSCO	B	0.9%	0.21%	0.21%
CSGP	F	0.12%	0.04%	0.04%
CSX	D	0.26%	0.08%	0.08%
CTAS	B	0.01%	0.18%	0.01%
CTLT	D	0.04%	0.25%	0.04%
CTRA	B	0.07%	0.17%	0.07%
CTSH	D	0.15%	0.13%	0.13%
CTVA	A	0.17%	0.08%	0.08%
CVS	F	0.28%	0.69%	0.28%
CVX	C	1.03%	0.76%	0.76%
CZR	C	0.04%	0.07%	0.04%
D	B	0.2%	0.24%	0.2%
DAL	A	0.14%	0.28%	0.14%
DAY	A	0.03%	0.22%	0.03%
DD	D	0.14%	0.05%	0.05%
DE	B	0.41%	0.13%	0.13%
DELL	A	0.11%	0.17%	0.11%
DFS	B	0.15%	0.69%	0.15%
DG	F	0.07%	0.17%	0.07%
DGX	A	0.07%	0.16%	0.07%
DHI	D	0.21%	0.24%	0.21%
DHR	F	0.63%	0.1%	0.1%
DIS	B	0.69%	0.21%	0.21%
DLR	A	0.23%	0.26%	0.23%
DLTR	F	0.05%	0.17%	0.05%
DOC	B	0.06%	0.11%	0.06%
DOV	B	0.1%	0.17%	0.1%
DOW	F	0.14%	0.07%	0.07%
DPZ	D	0.04%	0.52%	0.04%
DRI	C	0.04%	0.51%	0.04%
DTE	C	0.1%	0.25%	0.1%
DUK	C	0.36%	0.07%	0.07%
DVN	F	0.1%	0.16%	0.1%
EA	A	0.15%	0.49%	0.15%
EBAY	D	0.13%	0.22%	0.13%
ECL	C	0.03%	0.05%	0.03%
ED	C	0.14%	0.24%	0.14%
EFX	D	0.1%	0.04%	0.04%
EG	F	0.05%	0.14%	0.05%
EIX	D	0.13%	0.25%	0.13%
EL	F	0.05%	0.5%	0.05%
ELV	F	0.33%	0.24%	0.24%
EMN	C	0.05%	0.05%	0.05%
EMR	B	0.25%	0.03%	0.03%
EOG	D	0.28%	0.07%	0.07%
EPAM	F	0.04%	0.13%	0.04%
EQIX	A	0.33%	0.27%	0.27%
EQR	D	0.11%	0.1%	0.1%
EQT	B	0.08%	0.18%	0.08%
ES	D	0.09%	0.07%	0.07%
ESS	D	0.08%	0.1%	0.08%
ETN	B	0.55%	0.26%	0.26%
ETR	A	0.11%	0.25%	0.11%
EVRG	C	0.05%	0.08%	0.05%
EW	D	0.13%	0.06%	0.06%
EXC	C	0.16%	0.3%	0.16%
EXPD	D	0.06%	0.09%	0.06%
EXR	D	0.14%	0.11%	0.11%
F	D	0.17%	0.25%	0.17%
FANG	F	0.14%	0.07%	0.07%
FAST	A	0.03%	0.13%	0.03%
FCX	D	0.26%	0.3%	0.26%
FDS	B	0.04%	0.04%	0.04%
FDX	C	0.24%	0.07%	0.07%
FE	D	0.1%	0.24%	0.1%
FFIV	A	0.05%	0.21%	0.05%
FI	B	0.31%	0.06%	0.06%
FICO	B	0.03%	0.05%	0.03%
FIS	A	0.2%	0.05%	0.05%
FITB	B	0.12%	0.06%	0.06%
FMC	B	0.03%	0.09%	0.03%
FOX	A	0.02%	0.1%	0.02%
FOXA	A	0.04%	0.1%	0.04%
FRT	D	0.04%	0.06%	0.04%
FSLR	F	0.08%	0.2%	0.08%
FTNT	B	0.04%	0.17%	0.04%
FTV	F	0.1%	0.03%	0.03%
GD	C	0.33%	0.16%	0.16%
GE	C	0.61%	0.17%	0.17%
GEHC	D	0.14%	0.1%	0.1%
GEN	A	0.06%	0.17%	0.06%
GEV	A	0.32%	0.18%	0.18%
GILD	A	0.44%	0.25%	0.25%
GIS	D	0.15%	0.21%	0.15%
GL	C	0.04%	0.2%	0.04%
GLW	A	0.14%	0.19%	0.14%
GM	B	0.23%	0.25%	0.23%
GNRC	B	0.02%	0.08%	0.02%
GPC	F	0.06%	0.15%	0.06%
GPN	D	0.1%	0.04%	0.04%
GRMN	B	0.1%	0.33%	0.1%
GS	B	0.47%	0.25%	0.25%
GWW	A	0.03%	0.12%	0.03%
HAL	F	0.1%	0.34%	0.1%
HAS	D	0.0%	0.26%	0.0%
HBAN	A	0.09%	0.06%	0.06%
HCA	D	0.2%	0.33%	0.2%
HD	B	0.32%	0.26%	0.26%
HES	D	0.05%	0.07%	0.05%
HIG	C	0.13%	0.14%	0.13%
HII	F	0.04%	0.08%	0.04%
HLT	B	0.11%	0.12%	0.11%
HOLX	C	0.07%	0.1%	0.07%
HON	C	0.45%	0.17%	0.17%
HPE	B	0.1%	0.19%	0.1%
HPQ	C	0.11%	0.35%	0.11%
HRL	F	0.04%	0.36%	0.04%
HSIC	D	0.04%	0.2%	0.04%
HST	D	0.05%	0.11%	0.05%
HSY	F	0.09%	0.18%	0.09%
HUBB	B	0.09%	0.26%	0.09%
HUM	F	0.12%	0.26%	0.12%
HWM	B	0.15%	0.08%	0.08%
IBM	C	0.78%	0.34%	0.34%
ICE	C	0.37%	0.04%	0.04%
IEX	A	0.06%	0.2%	0.06%
IFF	D	0.1%	0.05%	0.05%
INCY	A	0.04%	0.25%	0.04%
INTC	D	0.38%	0.16%	0.16%
INVH	F	0.08%	0.1%	0.08%
IP	A	0.07%	0.06%	0.06%
IPG	F	0.04%	0.34%	0.04%
IQV	F	0.14%	0.14%	0.14%
IR	B	0.15%	0.2%	0.15%
IRM	B	0.06%	0.06%	0.06%
ITW	A	0.19%	0.17%	0.17%
IVZ	B	0.03%	0.09%	0.03%
J	D	0.07%	0.4%	0.07%
JBHT	A	0.06%	0.08%	0.06%
JBL	B	0.05%	0.38%	0.05%
JCI	B	0.2%	0.08%	0.08%
JKHY	B	0.05%	0.05%	0.05%
JNJ	D	1.54%	0.24%	0.24%
JNPR	A	0.05%	0.2%	0.05%
JPM	A	2.53%	0.13%	0.13%
K	A	0.08%	0.18%	0.08%
KDP	F	0.15%	0.24%	0.15%
KEY	B	0.06%	0.06%	0.06%
KEYS	C	0.11%	0.21%	0.11%
KHC	D	0.12%	0.21%	0.12%
KIM	B	0.06%	0.06%	0.06%
KKR	B	0.27%	0.09%	0.09%
KMB	D	0.11%	0.42%	0.11%
KMI	A	0.19%	0.25%	0.19%
KMX	F	0.04%	0.14%	0.04%
KO	D	0.44%	0.25%	0.25%
KR	B	0.15%	0.74%	0.15%
KVUE	A	0.17%	0.42%	0.17%
L	C	0.06%	0.49%	0.06%
LDOS	A	0.09%	0.13%	0.09%
LEN	D	0.01%	0.25%	0.01%
LEN	D	0.16%	0.25%	0.16%
LH	A	0.08%	0.16%	0.08%
LHX	A	0.19%	0.08%	0.08%
LIN	C	0.9%	0.04%	0.04%
LKQ	F	0.04%	0.14%	0.04%
LMT	D	0.32%	0.09%	0.09%
LNT	B	0.06%	0.08%	0.06%
LOW	B	0.61%	0.26%	0.26%
LUV	A	0.07%	0.25%	0.07%
LW	B	0.03%	0.22%	0.03%
LYB	F	0.09%	0.07%	0.07%
MAA	D	0.07%	0.1%	0.07%
MAR	A	0.24%	0.12%	0.12%
MAS	C	0.07%	0.19%	0.07%
MCD	C	0.78%	0.5%	0.5%
MCHP	F	0.16%	0.14%	0.14%
MCK	F	0.15%	0.18%	0.15%
MDLZ	D	0.37%	0.18%	0.18%
MDT	B	0.46%	0.06%	0.06%
MET	C	0.19%	0.21%	0.19%
MGM	D	0.04%	0.07%	0.04%
MHK	D	0.03%	0.19%	0.03%
MKC	D	0.08%	0.21%	0.08%
MKTX	A	0.04%	0.04%	0.04%
MLM	A	0.13%	0.17%	0.13%
MMC	D	0.37%	0.04%	0.04%
MMM	D	0.22%	0.17%	0.17%
MNST	C	0.03%	0.25%	0.03%
MO	A	0.34%	0.35%	0.34%
MOH	D	0.03%	0.25%	0.03%
MOS	B	0.03%	0.08%	0.03%
MPC	F	0.21%	0.49%	0.21%
MRNA	F	0.07%	0.24%	0.07%
MRO	B	0.06%	0.07%	0.06%
MS	B	0.51%	0.26%	0.26%
MSCI	C	0.07%	0.04%	0.04%
MSI	C	0.16%	0.49%	0.16%
MTB	B	0.13%	0.06%	0.06%
MTCH	C	0.04%	0.47%	0.04%
MTD	F	0.11%	0.15%	0.11%
MU	C	0.47%	0.15%	0.15%
NDAQ	B	0.12%	0.04%	0.04%
NDSN	D	0.06%	0.03%	0.03%
NEE	D	0.66%	0.24%	0.24%
NEM	D	0.22%	0.25%	0.22%
NI	A	0.06%	0.33%	0.06%
NKE	F	0.14%	0.33%	0.14%
NOC	D	0.28%	0.09%	0.09%
NRG	A	0.04%	0.33%	0.04%
NSC	B	0.23%	0.08%	0.08%
NTAP	D	0.05%	0.17%	0.05%
NTRS	A	0.08%	0.08%	0.08%
NUE	F	0.13%	0.26%	0.13%
NVR	D	0.11%	0.26%	0.11%
NWS	A	0.01%	0.1%	0.01%
NWSA	B	0.04%	0.1%	0.04%
O	C	0.21%	0.07%	0.07%
OKE	A	0.22%	0.24%	0.22%
OMC	B	0.08%	0.34%	0.08%
ON	D	0.12%	0.23%	0.12%
ORLY	C	0.02%	0.14%	0.02%
OTIS	C	0.16%	0.08%	0.08%
OXY	F	0.14%	0.07%	0.07%
PARA	C	0.02%	0.2%	0.02%
PAYC	A	0.01%	0.22%	0.01%
PAYX	B	0.11%	0.21%	0.11%
PCAR	C	0.22%	0.13%	0.13%
PCG	B	0.17%	0.08%	0.08%
PEG	B	0.18%	0.26%	0.18%
PEP	D	0.2%	0.18%	0.18%
PFE	D	0.64%	0.24%	0.24%
PFG	C	0.08%	0.21%	0.08%
PG	D	1.22%	0.42%	0.42%
PGR	D	0.09%	0.19%	0.09%
PH	A	0.32%	0.08%	0.08%
PHM	D	0.11%	0.25%	0.11%
PKG	A	0.08%	0.06%	0.06%
PLD	F	0.43%	0.06%	0.06%
PM	A	0.8%	0.35%	0.35%
PNC	A	0.29%	0.06%	0.06%
PNR	A	0.06%	0.19%	0.06%
PNW	D	0.04%	0.07%	0.04%
PPG	F	0.12%	0.07%	0.07%
PPL	A	0.1%	0.08%	0.08%
PRU	B	0.18%	0.2%	0.18%
PSA	D	0.18%	0.11%	0.11%
PSX	F	0.21%	0.51%	0.21%
PTC	A	0.03%	0.17%	0.03%
PWR	B	0.12%	0.4%	0.12%
PYPL	B	0.33%	0.06%	0.06%
QCOM	D	0.05%	0.22%	0.05%
QRVO	F	0.04%	0.21%	0.04%
RCL	A	0.12%	0.09%	0.09%
REG	C	0.05%	0.06%	0.05%
REGN	F	0.35%	0.22%	0.22%
RF	A	0.09%	0.06%	0.06%
RJF	A	0.11%	0.25%	0.11%
RL	B	0.03%	0.32%	0.03%
RMD	B	0.11%	0.09%	0.09%
ROK	C	0.11%	0.03%	0.03%
ROP	D	0.23%	0.03%	0.03%
ROST	F	0.14%	0.72%	0.14%
RSG	D	0.16%	0.18%	0.16%
RTX	C	0.66%	0.08%	0.08%
RVTY	C	0.06%	0.1%	0.06%
SBAC	C	0.1%	0.06%	0.06%
SBUX	A	0.1%	0.48%	0.1%
SCHW	B	0.38%	0.25%	0.25%
SHW	D	0.03%	0.06%	0.03%
SJM	F	0.05%	0.21%	0.05%
SLB	F	0.24%	0.35%	0.24%
SNA	A	0.07%	0.25%	0.07%
SO	B	0.4%	0.08%	0.08%
SOLV	B	0.04%	0.05%	0.04%
SPG	B	0.16%	0.07%	0.07%
SPGI	D	0.61%	0.04%	0.04%
SRE	B	0.21%	0.08%	0.08%
STE	D	0.09%	0.12%	0.09%
STLD	B	0.08%	0.27%	0.08%
STT	A	0.11%	0.12%	0.11%
STZ	F	0.15%	0.25%	0.15%
SW	C	0.09%	0.07%	0.07%
SWK	D	0.06%	0.27%	0.06%
SWKS	F	0.06%	0.21%	0.06%
SYF	B	0.09%	0.69%	0.09%
SYK	C	0.36%	0.12%	0.12%
SYY	D	0.06%	0.75%	0.06%
T	A	0.62%	0.33%	0.33%
TAP	D	0.04%	0.25%	0.04%
TDG	C	0.23%	0.08%	0.08%
TDY	B	0.09%	0.03%	0.03%
TECH	B	0.04%	0.15%	0.04%
TER	F	0.01%	0.17%	0.01%
TFC	B	0.23%	0.06%	0.06%
TFX	F	0.04%	0.05%	0.04%
TGT	F	0.28%	0.17%	0.17%
TJX	D	0.21%	0.72%	0.21%
TMO	F	0.84%	0.14%	0.14%
TMUS	B	0.44%	0.33%	0.33%
TPR	A	0.05%	0.33%	0.05%
TRMB	B	0.06%	0.03%	0.03%
TROW	C	0.1%	0.09%	0.09%
TRV	B	0.23%	0.14%	0.14%
TSN	D	0.07%	0.36%	0.07%
TT	C	0.23%	0.07%	0.07%
TTWO	A	0.11%	0.49%	0.11%
TXN	B	0.66%	0.23%	0.23%
TXT	F	0.06%	0.16%	0.06%
TYL	A	0.02%	0.22%	0.02%
UAL	A	0.1%	0.28%	0.1%
UDR	D	0.06%	0.1%	0.06%
UHS	D	0.05%	0.32%	0.05%
ULTA	F	0.01%	0.17%	0.01%
UNH	D	1.92%	0.26%	0.26%
UNP	D	0.29%	0.08%	0.08%
UPS	C	0.4%	0.09%	0.09%
URI	B	0.16%	0.14%	0.14%
USB	B	0.29%	0.06%	0.06%
VICI	D	0.13%	0.06%	0.06%
VLO	F	0.17%	0.5%	0.17%
VLTO	D	0.06%	0.03%	0.03%
VMC	A	0.1%	0.17%	0.1%
VRSN	F	0.06%	0.27%	0.06%
VRTX	A	0.25%	0.23%	0.23%
VTR	A	0.1%	0.11%	0.1%
VTRS	C	0.05%	0.24%	0.05%
VZ	D	0.69%	0.33%	0.33%
WAB	A	0.13%	0.13%	0.13%
WAT	D	0.03%	0.15%	0.03%
WBA	C	0.03%	0.64%	0.03%
WBD	C	0.07%	0.19%	0.07%
WDC	D	0.09%	0.17%	0.09%
WEC	B	0.12%	0.07%	0.07%
WELL	A	0.31%	0.11%	0.11%
WFC	A	0.9%	0.13%	0.13%
WMB	A	0.25%	0.25%	0.25%
WMT	A	1.42%	0.73%	0.73%
WRB	C	0.07%	0.14%	0.07%
WST	B	0.04%	0.05%	0.04%
WTW	A	0.12%	0.03%	0.03%
WY	F	0.09%	0.17%	0.09%
WYNN	B	0.04%	0.08%	0.04%
XEL	A	0.14%	0.08%	0.08%
XOM	C	2.12%	0.77%	0.77%
XYL	F	0.12%	0.19%	0.12%
YUM	D	0.09%	0.51%	0.09%
ZBH	D	0.08%	0.12%	0.08%
ZBRA	A	0.06%	0.13%	0.06%
ZTS	D	0.06%	0.25%	0.06%

GVUS Overweight 401 Positions Relative to SSPY

Symbol	Grade	Weight
MRVL	B	0.26%
MSTR	A	0.14%
FCNCA	C	0.09%
ILMN	B	0.09%
SQ	B	0.09%
TRU	C	0.08%
ZM	A	0.08%
LNG	A	0.08%
CSL	C	0.07%
SUI	D	0.07%
HOOD	B	0.07%
APO	B	0.07%
RGA	D	0.06%
USFD	A	0.06%
CVNA	A	0.06%
ACM	A	0.06%
MKL	C	0.06%
SSNC	D	0.06%
AVTR	F	0.06%
UTHR	A	0.06%
IBKR	A	0.06%
TOL	C	0.06%
FNF	B	0.06%
RBA	B	0.06%
OC	B	0.06%
RS	C	0.06%
WSO	D	0.06%
FTI	B	0.05%
UNM	A	0.05%
CASY	A	0.05%
ITT	C	0.05%
NVT	A	0.05%
CACI	A	0.05%
EME	A	0.05%
WPC	F	0.05%
RPM	B	0.05%
COHR	B	0.05%
ELS	C	0.05%
AMH	F	0.05%
GLPI	D	0.05%
CLH	C	0.05%
EWBC	A	0.05%
CW	B	0.05%
BMRN	F	0.05%
THC	C	0.05%
GGG	F	0.05%
RNR	C	0.05%
WAL	D	0.04%
FYBR	B	0.04%
BWXT	B	0.04%
NYT	A	0.04%
DCI	B	0.04%
GPK	C	0.04%
INGR	C	0.04%
SNX	C	0.04%
LAD	A	0.04%
QGEN	D	0.04%
AYI	B	0.04%
AFG	D	0.04%
CIEN	B	0.04%
EHC	A	0.04%
AFRM	A	0.04%
EVR	B	0.04%
FHN	A	0.04%
TW	B	0.04%
REXR	F	0.04%
Z	D	0.04%
PRI	B	0.04%
SOFI	A	0.04%
WWD	D	0.04%
CNH	A	0.04%
WTRG	C	0.04%
TWLO	A	0.04%
TTEK	B	0.04%
ARMK	B	0.04%
RGLD	B	0.04%
DOX	B	0.04%
OHI	A	0.04%
SF	A	0.04%
AA	B	0.04%
DKS	F	0.04%
RPRX	F	0.04%
FBIN	C	0.04%
NTNX	B	0.04%
SCI	A	0.04%
CUBE	D	0.04%
OVV	F	0.04%
PFGC	B	0.04%
BLD	F	0.04%
CCK	B	0.04%
CG	B	0.04%
RRX	B	0.04%
BJ	B	0.04%
ATR	A	0.04%
CGNX	B	0.03%
FAF	D	0.03%
VMI	B	0.03%
LSTR	D	0.03%
MKSI	F	0.03%
COIN	D	0.03%
BFAM	C	0.03%
SIRI	C	0.03%
MAT	A	0.03%
PB	A	0.03%
CRUS	F	0.03%
WH	A	0.03%
CROX	F	0.03%
MTG	C	0.03%
JAZZ	D	0.03%
G	D	0.03%
STAG	D	0.03%
HRB	D	0.03%
WEX	F	0.03%
MTSI	B	0.03%
DASH	A	0.03%
FND	F	0.03%
LBRDK	A	0.03%
AGNC	D	0.03%
PR	F	0.03%
RHI	B	0.03%
WTFC	A	0.03%
WSM	F	0.03%
SSD	F	0.03%
FCN	F	0.03%
DINO	F	0.03%
FLS	B	0.03%
ARW	D	0.03%
OSK	D	0.03%
SNV	A	0.03%
GXO	B	0.03%
FR	D	0.03%
GNTX	C	0.03%
KEX	C	0.03%
SAIC	B	0.03%
MIDD	D	0.03%
CBSH	A	0.03%
SKX	F	0.03%
CR	A	0.03%
ONTO	C	0.03%
RRC	D	0.03%
ZION	A	0.03%
KBR	B	0.03%
HLI	A	0.03%
ADC	C	0.03%
COLD	F	0.03%
APG	C	0.03%
CFR	A	0.03%
VNO	B	0.03%
ATI	F	0.03%
SEIC	A	0.03%
PNFP	A	0.03%
MTZ	B	0.03%
EXAS	B	0.03%
COKE	D	0.03%
GME	C	0.03%
ACI	F	0.03%
LECO	C	0.03%
AXTA	A	0.03%
WCC	A	0.03%
BERY	A	0.03%
CHE	F	0.03%
TKO	D	0.03%
CHRD	F	0.03%
AAL	A	0.03%
AR	F	0.03%
VOYA	B	0.03%
CRBG	A	0.03%
OGE	C	0.03%
ROKU	D	0.03%
RIVN	F	0.03%
ALLY	D	0.03%
KNX	C	0.03%
CMA	A	0.03%
BRX	C	0.03%
GMED	B	0.03%
JEF	B	0.03%
RBC	D	0.03%
GWRE	B	0.03%
BRBR	A	0.03%
NNN	D	0.03%
DTM	A	0.03%
TTC	F	0.03%
EGP	D	0.03%
X	C	0.03%
ORI	C	0.03%
JLL	A	0.03%
WBS	B	0.03%
ALSN	A	0.03%
LAMR	B	0.03%
NEU	F	0.02%
IAC	F	0.02%
KMPR	B	0.02%
HOG	F	0.02%
NWL	A	0.02%
HIW	B	0.02%
ALNY	C	0.02%
AWI	A	0.02%
WTM	B	0.02%
SITE	F	0.02%
AN	F	0.02%
W	F	0.02%
CLF	C	0.02%
FRPT	D	0.02%
FLO	F	0.02%
BILL	A	0.02%
SLGN	A	0.02%
M	C	0.02%
DLB	C	0.02%
TPG	A	0.02%
LITE	B	0.02%
GAP	D	0.02%
EEFT	F	0.02%
AGO	B	0.02%
WLK	F	0.02%
OGN	D	0.02%
DBX	B	0.02%
OLED	D	0.02%
OZK	B	0.02%
AL	C	0.02%
ACHC	F	0.02%
DOCS	B	0.02%
RYN	C	0.02%
SLM	B	0.02%
BYD	A	0.02%
PSN	A	0.02%
CUZ	B	0.02%
XRAY	F	0.02%
AVT	B	0.02%
SAIA	A	0.02%
KRC	B	0.02%
OLN	F	0.02%
SEE	B	0.02%
FNB	A	0.02%
ROIV	D	0.02%
JHG	A	0.02%
WSC	F	0.02%
UGI	C	0.02%
HXL	F	0.02%
SON	F	0.02%
THG	B	0.02%
VNT	B	0.02%
ST	F	0.02%
OMF	A	0.02%
IDA	A	0.02%
PVH	C	0.02%
THO	D	0.02%
BC	D	0.02%
WHR	B	0.02%
KD	D	0.02%
OLLI	C	0.02%
POST	D	0.02%
LEA	F	0.02%
LFUS	D	0.02%
MTDR	D	0.02%
SRCL	A	0.02%
TKR	D	0.02%
BPOP	F	0.02%
LNC	A	0.02%
NFG	B	0.02%
ALK	A	0.02%
SN	C	0.02%
H	D	0.02%
COLB	A	0.02%
MDU	B	0.02%
VFC	A	0.02%
RGEN	F	0.02%
RLI	B	0.02%
ESI	A	0.02%
AMG	A	0.02%
STWD	C	0.02%
S	B	0.02%
ELAN	D	0.02%
MSA	F	0.02%
BIO	A	0.02%
OKTA	F	0.02%
WMS	F	0.02%
DAR	B	0.02%
NOV	F	0.02%
ESAB	A	0.02%
AXS	C	0.02%
R	A	0.02%
AGCO	C	0.02%
XP	F	0.02%
SNDR	A	0.01%
EXEL	A	0.01%
FTRE	F	0.01%
LYFT	C	0.01%
UA	B	0.01%
TRIP	C	0.01%
REYN	F	0.01%
LEG	F	0.01%
PPC	A	0.01%
WEN	B	0.01%
AZEK	C	0.01%
WOLF	D	0.01%
GO	F	0.01%
VSTS	F	0.01%
UAA	B	0.01%
ADTN	B	0.01%
SHC	C	0.01%
BIRK	F	0.01%
BROS	C	0.01%
ETSY	D	0.01%
CNXC	F	0.01%
CRI	F	0.01%
PINC	A	0.01%
QS	F	0.01%
MP	B	0.01%
KSS	F	0.01%
YETI	F	0.01%
LPX	D	0.01%
ENOV	D	0.01%
GLOB	B	0.01%
AAP	F	0.01%
LCID	F	0.01%
IPGP	B	0.01%
PSTG	D	0.01%
BRKR	F	0.01%
RCM	A	0.01%
AZTA	F	0.01%
SAM	C	0.01%
RKT	D	0.01%
HHH	B	0.01%
HAYW	A	0.01%
CWEN	B	0.01%
BOKF	B	0.01%
CPRI	F	0.01%
JWN	B	0.01%
COLM	C	0.01%
EXP	B	0.01%
VIRT	C	0.01%
CC	F	0.01%
AGR	C	0.01%
CNM	D	0.01%
LOPE	D	0.01%
CLVT	D	0.01%
SPB	D	0.01%
VAC	C	0.01%
ZG	D	0.01%
CXT	F	0.01%
MPW	D	0.01%
PAG	F	0.01%
ALGM	F	0.01%
MASI	A	0.01%
COTY	F	0.01%
PK	F	0.01%
PENN	A	0.01%
MAN	F	0.01%
FHB	A	0.01%
AMED	D	0.01%
NSA	D	0.01%
WU	F	0.01%
BHF	B	0.01%
IRDM	B	0.01%
SPR	D	0.01%
NXST	A	0.01%
PLNT	D	0.01%
NVST	A	0.01%
U	C	0.01%
TNL	A	0.01%
ZI	C	0.01%
AMKR	F	0.01%
DNB	B	0.01%
AM	C	0.01%
PRGO	D	0.01%
EPR	D	0.01%
MSM	F	0.01%
GFS	F	0.01%
DXC	F	0.01%
CIVI	F	0.01%
HUN	D	0.01%
SMG	B	0.01%
PII	F	0.01%
UHAL	B	0.01%
MSGS	A	0.01%
ASH	F	0.01%
GTES	A	0.01%
RH	B	0.01%
SEG	C	0.0%
UWMC	F	0.0%
IONS	F	0.0%
TXG	F	0.0%
PYCR	B	0.0%
CACC	F	0.0%
PATH	D	0.0%
SEB	F	0.0%
CAR	C	0.0%
HCP	A	0.0%
DJT	B	0.0%
TFSL	D	0.0%
CERT	F	0.0%
FIVE	C	0.0%
LBRDA	A	0.0%
LSCC	C	0.0%
MTN	F	0.0%
CNA	D	0.0%
CWEN	B	0.0%
DV	F	0.0%
NCNO	B	0.0%
INFA	B	0.0%
DDS	C	0.0%

GVUS Underweight 66 Positions Relative to SSPY

Symbol	Grade	Weight
COST	D	-0.71%
CMG	D	-0.5%
AAPL	C	-0.5%
META	B	-0.47%
VST	B	-0.41%
CLX	C	-0.41%
ORCL	B	-0.34%
SNPS	B	-0.34%
CDNS	C	-0.33%
MSFT	D	-0.32%
LULU	C	-0.31%
DECK	B	-0.3%
TSLA	A	-0.28%
GDDY	A	-0.27%
ENPH	F	-0.26%
MRK	F	-0.24%
TRGP	A	-0.24%
AVGO	B	-0.23%
PLTR	B	-0.23%
GOOGL	A	-0.23%
GOOG	A	-0.23%
LLY	D	-0.23%
NXPI	D	-0.23%
NFLX	A	-0.22%
AMZN	B	-0.22%
NOW	B	-0.22%
MPWR	F	-0.22%
ANET	B	-0.21%
INTU	D	-0.2%
ERIE	D	-0.2%
TEL	C	-0.19%
CRWD	C	-0.18%
WM	A	-0.18%
ROL	D	-0.18%
COR	D	-0.18%
ADSK	B	-0.17%
KLAC	F	-0.17%
STX	C	-0.17%
PANW	B	-0.16%
ADBE	F	-0.16%
SMCI	F	-0.15%
POOL	C	-0.13%
IT	C	-0.13%
NVDA	B	-0.13%
ABNB	C	-0.12%
EXPE	B	-0.12%
ISRG	B	-0.12%
TSCO	D	-0.12%
DVA	D	-0.11%
UBER	C	-0.11%
DXCM	C	-0.1%
PODD	B	-0.1%
IDXX	F	-0.1%
AXON	B	-0.09%
NCLH	A	-0.09%
LYV	A	-0.09%
ODFL	A	-0.08%
BX	B	-0.08%
BLK	B	-0.08%
LVS	B	-0.08%
AMT	D	-0.06%
VRSK	B	-0.04%
MCO	D	-0.04%
MA	B	-0.04%
V	A	-0.04%
CPAY	B	-0.04%