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

$51.06

Average Daily Volume

40,795

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

$82.77

Average Daily Volume

2,246

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	SSPY
30 Days	5.27%	5.49%
60 Days	5.61%	5.34%
90 Days	7.11%	4.72%
12 Months		24.59%

436 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in SSPY	Overlap
A	D	0.14%	0.15%	0.14%
ABBV	D	0.65%	0.24%	0.24%
ABT	B	0.78%	0.06%	0.06%
ACGL	D	0.14%	0.14%	0.14%
ACN	B	0.86%	0.13%	0.13%
ADI	D	0.4%	0.22%	0.22%
ADM	F	0.1%	0.37%	0.1%
ADP	B	0.04%	0.21%	0.04%
AEE	A	0.09%	0.08%	0.08%
AEP	D	0.2%	0.24%	0.2%
AES	F	0.04%	0.32%	0.04%
AFL	B	0.24%	0.2%	0.2%
AIG	B	0.19%	0.2%	0.19%
AIZ	B	0.04%	0.2%	0.04%
AJG	A	0.23%	0.03%	0.03%
AKAM	F	0.05%	0.27%	0.05%
ALB	C	0.05%	0.05%	0.05%
ALGN	D	0.03%	0.1%	0.03%
ALL	B	0.17%	0.2%	0.17%
ALLE	D	0.05%	0.08%	0.05%
AMAT	F	0.04%	0.18%	0.04%
AMCR	D	0.06%	0.13%	0.06%
AMD	F	0.29%	0.14%	0.14%
AME	A	0.17%	0.13%	0.13%
AMGN	D	0.13%	0.24%	0.13%
AMP	B	0.02%	0.08%	0.02%
ANSS	B	0.11%	0.17%	0.11%
AON	A	0.29%	0.04%	0.04%
AOS	D	0.03%	0.21%	0.03%
APA	F	0.03%	0.07%	0.03%
APD	A	0.27%	0.05%	0.05%
APH	B	0.14%	0.19%	0.14%
APTV	F	0.06%	0.4%	0.06%
ARE	D	0.07%	0.11%	0.07%
ATO	A	0.08%	0.33%	0.08%
AVB	B	0.13%	0.1%	0.1%
AVY	D	0.04%	0.06%	0.04%
AWK	D	0.1%	0.32%	0.1%
AXP	A	0.39%	0.04%	0.04%
AZO	C	0.02%	0.14%	0.02%
BA	D	0.31%	0.16%	0.16%
BAC	A	1.23%	0.12%	0.12%
BALL	D	0.07%	0.13%	0.07%
BAX	F	0.06%	0.05%	0.05%
BBWI	C	0.03%	0.19%	0.03%
BBY	D	0.08%	0.17%	0.08%
BDX	F	0.25%	0.05%	0.05%
BEN	C	0.02%	0.09%	0.02%
BG	F	0.05%	0.37%	0.05%
BIIB	F	0.09%	0.24%	0.09%
BK	A	0.22%	0.11%	0.11%
BKNG	B	0.04%	0.11%	0.04%
BKR	C	0.17%	0.35%	0.17%
BLDR	C	0.07%	0.19%	0.07%
BLK	C	0.6%	0.08%	0.08%
BMY	B	0.44%	0.25%	0.25%
BR	A	0.01%	0.11%	0.01%
BRK.A	B	3.35%	0.5%	0.5%
BRO	B	0.06%	0.04%	0.04%
BSX	C	0.5%	0.06%	0.06%
BWA	C	0.03%	0.42%	0.03%
BXP	D	0.05%	0.11%	0.05%
C	A	0.51%	0.13%	0.13%
CAG	D	0.05%	0.21%	0.05%
CAH	B	0.05%	0.19%	0.05%
CARR	C	0.24%	0.08%	0.08%
CAT	B	0.63%	0.14%	0.14%
CB	D	0.45%	0.14%	0.14%
CBOE	B	0.08%	0.04%	0.04%
CBRE	B	0.16%	0.04%	0.04%
CCI	D	0.18%	0.06%	0.06%
CCL	B	0.09%	0.09%	0.09%
CDW	F	0.05%	0.13%	0.05%
CE	F	0.02%	0.07%	0.02%
CEG	D	0.23%	0.38%	0.23%
CF	B	0.06%	0.09%	0.06%
CFG	B	0.08%	0.06%	0.06%
CHD	B	0.1%	0.42%	0.1%
CHRW	C	0.05%	0.09%	0.05%
CHTR	C	0.14%	0.47%	0.14%
CI	D	0.32%	0.19%	0.19%
CINF	A	0.09%	0.14%	0.09%
CL	D	0.13%	0.41%	0.13%
CMCSA	C	0.64%	0.52%	0.52%
CME	A	0.32%	0.04%	0.04%
CMI	A	0.19%	0.08%	0.08%
CMS	C	0.08%	0.08%	0.08%
CNC	F	0.12%	0.26%	0.12%
CNP	A	0.08%	0.26%	0.08%
COF	B	0.27%	0.7%	0.27%
COP	D	0.51%	0.07%	0.07%
CPB	D	0.03%	0.2%	0.03%
CPRT	A	0.01%	0.23%	0.01%
CPT	B	0.05%	0.11%	0.05%
CRL	C	0.04%	0.14%	0.04%
CRM	B	0.18%	0.35%	0.18%
CSCO	A	0.91%	0.21%	0.21%
CSGP	C	0.11%	0.04%	0.04%
CSX	B	0.27%	0.08%	0.08%
CTAS	B	0.01%	0.18%	0.01%
CTLT	B	0.04%	0.25%	0.04%
CTRA	B	0.07%	0.17%	0.07%
CTSH	B	0.15%	0.13%	0.13%
CTVA	B	0.15%	0.08%	0.08%
CVS	D	0.26%	0.69%	0.26%
CVX	B	1.08%	0.76%	0.76%
CZR	D	0.03%	0.07%	0.03%
D	C	0.19%	0.24%	0.19%
DAL	B	0.16%	0.28%	0.16%
DAY	A	0.04%	0.22%	0.04%
DD	D	0.13%	0.05%	0.05%
DE	B	0.39%	0.13%	0.13%
DELL	C	0.12%	0.17%	0.12%
DFS	B	0.17%	0.69%	0.17%
DG	F	0.06%	0.17%	0.06%
DGX	B	0.07%	0.16%	0.07%
DHI	D	0.19%	0.24%	0.19%
DHR	D	0.58%	0.1%	0.1%
DIS	B	0.82%	0.21%	0.21%
DLR	A	0.23%	0.26%	0.23%
DLTR	D	0.05%	0.17%	0.05%
DOC	C	0.06%	0.11%	0.06%
DOV	A	0.11%	0.17%	0.11%
DOW	F	0.12%	0.07%	0.07%
DPZ	C	0.04%	0.52%	0.04%
DRI	B	0.04%	0.51%	0.04%
DTE	C	0.1%	0.25%	0.1%
DUK	C	0.34%	0.07%	0.07%
DVN	F	0.09%	0.16%	0.09%
EA	C	0.17%	0.49%	0.17%
EBAY	C	0.12%	0.22%	0.12%
ECL	D	0.03%	0.05%	0.03%
ED	D	0.13%	0.24%	0.13%
EFX	D	0.09%	0.04%	0.04%
EG	C	0.05%	0.14%	0.05%
EIX	A	0.12%	0.25%	0.12%
EL	F	0.04%	0.5%	0.04%
ELV	F	0.31%	0.24%	0.24%
EMN	D	0.05%	0.05%	0.05%
EMR	A	0.28%	0.03%	0.03%
EOG	C	0.3%	0.07%	0.07%
EPAM	C	0.05%	0.13%	0.05%
EQIX	A	0.31%	0.27%	0.27%
EQR	B	0.11%	0.1%	0.1%
EQT	B	0.09%	0.18%	0.09%
ES	D	0.08%	0.07%	0.07%
ESS	B	0.08%	0.1%	0.08%
ETN	A	0.56%	0.26%	0.26%
ETR	B	0.12%	0.25%	0.12%
EVRG	A	0.06%	0.08%	0.06%
EW	C	0.13%	0.06%	0.06%
EXC	D	0.15%	0.3%	0.15%
EXPD	C	0.06%	0.09%	0.06%
EXR	C	0.13%	0.11%	0.11%
F	C	0.17%	0.25%	0.17%
FANG	F	0.13%	0.07%	0.07%
FAST	B	0.03%	0.13%	0.03%
FCX	F	0.24%	0.3%	0.24%
FDS	B	0.05%	0.04%	0.04%
FDX	B	0.26%	0.07%	0.07%
FE	D	0.09%	0.24%	0.09%
FFIV	A	0.05%	0.21%	0.05%
FI	A	0.32%	0.06%	0.06%
FICO	B	0.03%	0.05%	0.03%
FIS	D	0.19%	0.05%	0.05%
FITB	B	0.12%	0.06%	0.06%
FMC	D	0.03%	0.09%	0.03%
FOX	B	0.02%	0.1%	0.02%
FOXA	C	0.04%	0.1%	0.04%
FRT	A	0.04%	0.06%	0.04%
FSLR	F	0.08%	0.2%	0.08%
FTNT	C	0.04%	0.17%	0.04%
FTV	B	0.1%	0.03%	0.03%
GD	F	0.31%	0.16%	0.16%
GE	D	0.59%	0.17%	0.17%
GEHC	F	0.13%	0.1%	0.1%
GEN	A	0.06%	0.17%	0.06%
GEV	C	0.35%	0.18%	0.18%
GILD	B	0.43%	0.25%	0.25%
GIS	D	0.14%	0.21%	0.14%
GL	C	0.04%	0.2%	0.04%
GLW	B	0.14%	0.19%	0.14%
GM	B	0.25%	0.25%	0.25%
GNRC	B	0.02%	0.08%	0.02%
GPC	D	0.07%	0.15%	0.07%
GPN	C	0.11%	0.04%	0.04%
GRMN	A	0.12%	0.33%	0.12%
GS	B	0.53%	0.25%	0.25%
GWW	A	0.03%	0.12%	0.03%
HAL	C	0.1%	0.34%	0.1%
HAS	D	0.0%	0.26%	0.0%
HBAN	B	0.1%	0.06%	0.06%
HCA	F	0.19%	0.33%	0.19%
HD	A	0.32%	0.26%	0.26%
HES	C	0.06%	0.07%	0.06%
HIG	B	0.13%	0.14%	0.13%
HII	F	0.03%	0.08%	0.03%
HLT	A	0.12%	0.12%	0.12%
HOLX	D	0.07%	0.1%	0.07%
HON	B	0.49%	0.17%	0.17%
HPE	B	0.11%	0.19%	0.11%
HPQ	B	0.11%	0.35%	0.11%
HRL	D	0.03%	0.36%	0.03%
HSIC	B	0.03%	0.2%	0.03%
HST	C	0.05%	0.11%	0.05%
HSY	F	0.08%	0.18%	0.08%
HUBB	B	0.09%	0.26%	0.09%
HUM	C	0.13%	0.26%	0.13%
HWM	B	0.17%	0.08%	0.08%
IBM	C	0.73%	0.34%	0.34%
ICE	D	0.34%	0.04%	0.04%
IEX	B	0.07%	0.2%	0.07%
IFF	D	0.09%	0.05%	0.05%
INCY	C	0.04%	0.25%	0.04%
INTC	C	0.4%	0.16%	0.16%
INVH	D	0.08%	0.1%	0.08%
IP	B	0.08%	0.06%	0.06%
IPG	C	0.04%	0.34%	0.04%
IQV	F	0.12%	0.14%	0.12%
IR	A	0.16%	0.2%	0.16%
IRM	C	0.06%	0.06%	0.06%
ITW	A	0.19%	0.17%	0.17%
IVZ	B	0.03%	0.09%	0.03%
J	F	0.07%	0.4%	0.07%
JBHT	C	0.06%	0.08%	0.06%
JBL	C	0.05%	0.38%	0.05%
JCI	C	0.22%	0.08%	0.08%
JKHY	D	0.05%	0.05%	0.05%
JNJ	D	1.44%	0.24%	0.24%
JNPR	F	0.05%	0.2%	0.05%
JPM	B	2.73%	0.13%	0.13%
K	A	0.08%	0.18%	0.08%
KDP	D	0.14%	0.24%	0.14%
KEY	A	0.07%	0.06%	0.06%
KEYS	B	0.1%	0.21%	0.1%
KHC	D	0.11%	0.21%	0.11%
KIM	A	0.06%	0.06%	0.06%
KKR	B	0.28%	0.09%	0.09%
KMB	C	0.1%	0.42%	0.1%
KMI	B	0.21%	0.25%	0.21%
KMX	B	0.04%	0.14%	0.04%
KO	D	0.4%	0.25%	0.25%
KR	A	0.15%	0.74%	0.15%
KVUE	A	0.18%	0.42%	0.18%
L	B	0.06%	0.49%	0.06%
LDOS	D	0.08%	0.13%	0.08%
LEN	C	0.16%	0.25%	0.16%
LEN	C	0.01%	0.25%	0.01%
LH	B	0.08%	0.16%	0.08%
LHX	C	0.18%	0.08%	0.08%
LIN	D	0.84%	0.04%	0.04%
LKQ	D	0.04%	0.14%	0.04%
LMT	D	0.3%	0.09%	0.09%
LNT	A	0.06%	0.08%	0.06%
LOW	C	0.6%	0.26%	0.26%
LUV	B	0.08%	0.25%	0.08%
LW	C	0.03%	0.22%	0.03%
LYB	F	0.08%	0.07%	0.07%
MAA	B	0.07%	0.1%	0.07%
MAR	A	0.25%	0.12%	0.12%
MAS	C	0.07%	0.19%	0.07%
MCD	D	0.77%	0.5%	0.5%
MCHP	F	0.13%	0.14%	0.13%
MCK	C	0.17%	0.18%	0.17%
MDLZ	F	0.34%	0.18%	0.18%
MDT	D	0.44%	0.06%	0.06%
MET	A	0.19%	0.21%	0.19%
MGM	F	0.03%	0.07%	0.03%
MHK	D	0.03%	0.19%	0.03%
MKC	D	0.07%	0.21%	0.07%
MKTX	D	0.04%	0.04%	0.04%
MLM	B	0.13%	0.17%	0.13%
MMC	A	0.37%	0.04%	0.04%
MMM	D	0.23%	0.17%	0.17%
MNST	B	0.03%	0.25%	0.03%
MO	A	0.37%	0.35%	0.35%
MOH	F	0.02%	0.25%	0.02%
MOS	F	0.03%	0.08%	0.03%
MPC	F	0.22%	0.49%	0.22%
MRNA	F	0.05%	0.24%	0.05%
MRO	B	0.06%	0.07%	0.06%
MS	B	0.57%	0.26%	0.26%
MSCI	C	0.08%	0.04%	0.04%
MSI	C	0.16%	0.49%	0.16%
MTB	B	0.14%	0.06%	0.06%
MTCH	F	0.03%	0.47%	0.03%
MTD	F	0.1%	0.15%	0.1%
MU	D	0.41%	0.15%	0.15%
NDAQ	A	0.13%	0.04%	0.04%
NDSN	B	0.06%	0.03%	0.03%
NEE	D	0.61%	0.24%	0.24%
NEM	F	0.18%	0.25%	0.18%
NI	A	0.06%	0.33%	0.06%
NKE	F	0.14%	0.33%	0.14%
NOC	D	0.26%	0.09%	0.09%
NRG	C	0.04%	0.33%	0.04%
NSC	A	0.23%	0.08%	0.08%
NTAP	C	0.05%	0.17%	0.05%
NTRS	A	0.08%	0.08%	0.08%
NUE	D	0.14%	0.26%	0.14%
NVR	D	0.1%	0.26%	0.1%
NWS	B	0.01%	0.1%	0.01%
NWSA	B	0.04%	0.1%	0.04%
O	D	0.19%	0.07%	0.07%
OKE	C	0.25%	0.24%	0.24%
OMC	C	0.07%	0.34%	0.07%
ON	C	0.11%	0.23%	0.11%
ORLY	B	0.02%	0.14%	0.02%
OTIS	C	0.16%	0.08%	0.08%
OXY	F	0.13%	0.07%	0.07%
PARA	C	0.02%	0.2%	0.02%
PAYC	A	0.02%	0.22%	0.02%
PAYX	B	0.11%	0.21%	0.11%
PCAR	B	0.22%	0.13%	0.13%
PCG	B	0.18%	0.08%	0.08%
PEG	A	0.17%	0.26%	0.17%
PEP	F	0.18%	0.18%	0.18%
PFE	D	0.55%	0.24%	0.24%
PFG	C	0.08%	0.21%	0.08%
PG	A	1.21%	0.42%	0.42%
PGR	A	0.09%	0.19%	0.09%
PH	A	0.35%	0.08%	0.08%
PHM	C	0.1%	0.25%	0.1%
PKG	B	0.08%	0.06%	0.06%
PLD	D	0.41%	0.06%	0.06%
PM	B	0.78%	0.35%	0.35%
PNC	A	0.32%	0.06%	0.06%
PNR	B	0.07%	0.19%	0.07%
PNW	B	0.04%	0.07%	0.04%
PPG	D	0.11%	0.07%	0.07%
PPL	B	0.1%	0.08%	0.08%
PRU	A	0.18%	0.2%	0.18%
PSA	C	0.17%	0.11%	0.11%
PSX	C	0.21%	0.51%	0.21%
PTC	A	0.03%	0.17%	0.03%
PWR	A	0.13%	0.4%	0.13%
PYPL	A	0.34%	0.06%	0.06%
QCOM	F	0.04%	0.22%	0.04%
QRVO	F	0.02%	0.21%	0.02%
RCL	B	0.14%	0.09%	0.09%
REG	B	0.05%	0.06%	0.05%
REGN	F	0.28%	0.22%	0.22%
RF	B	0.09%	0.06%	0.06%
RJF	A	0.12%	0.25%	0.12%
RL	B	0.03%	0.32%	0.03%
RMD	C	0.1%	0.09%	0.09%
ROK	B	0.12%	0.03%	0.03%
ROP	B	0.23%	0.03%	0.03%
ROST	C	0.14%	0.72%	0.14%
RSG	A	0.17%	0.18%	0.17%
RTX	D	0.61%	0.08%	0.08%
RVTY	D	0.05%	0.1%	0.05%
SBAC	D	0.09%	0.06%	0.06%
SBUX	B	0.1%	0.48%	0.1%
SCHW	A	0.42%	0.25%	0.25%
SHW	A	0.03%	0.06%	0.03%
SJM	D	0.04%	0.21%	0.04%
SLB	C	0.24%	0.35%	0.24%
SNA	A	0.07%	0.25%	0.07%
SO	D	0.37%	0.08%	0.08%
SOLV	C	0.04%	0.05%	0.04%
SPG	C	0.17%	0.07%	0.07%
SPGI	C	0.61%	0.04%	0.04%
SRE	A	0.23%	0.08%	0.08%
STE	F	0.08%	0.12%	0.08%
STLD	B	0.08%	0.27%	0.08%
STT	A	0.11%	0.12%	0.11%
STZ	D	0.15%	0.25%	0.15%
SW	B	0.1%	0.07%	0.07%
SWK	D	0.05%	0.27%	0.05%
SWKS	F	0.05%	0.21%	0.05%
SYF	A	0.1%	0.69%	0.1%
SYK	C	0.39%	0.12%	0.12%
SYY	C	0.06%	0.75%	0.06%
T	A	0.63%	0.33%	0.33%
TAP	C	0.04%	0.25%	0.04%
TDG	D	0.21%	0.08%	0.08%
TDY	B	0.08%	0.03%	0.03%
TECH	C	0.04%	0.15%	0.04%
TER	F	0.01%	0.17%	0.01%
TFC	B	0.24%	0.06%	0.06%
TFX	F	0.04%	0.05%	0.04%
TGT	F	0.27%	0.17%	0.17%
TJX	A	0.22%	0.72%	0.22%
TMO	F	0.76%	0.14%	0.14%
TMUS	A	0.44%	0.33%	0.33%
TPR	A	0.05%	0.33%	0.05%
TRMB	B	0.07%	0.03%	0.03%
TROW	A	0.1%	0.09%	0.09%
TRV	B	0.23%	0.14%	0.14%
TSN	B	0.07%	0.36%	0.07%
TT	B	0.24%	0.07%	0.07%
TTWO	B	0.12%	0.49%	0.12%
TXN	D	0.63%	0.23%	0.23%
TXT	D	0.06%	0.16%	0.06%
TYL	A	0.01%	0.22%	0.01%
UAL	B	0.12%	0.28%	0.12%
UDR	B	0.06%	0.1%	0.06%
UHS	D	0.05%	0.32%	0.05%
ULTA	F	0.01%	0.17%	0.01%
UNH	B	1.98%	0.26%	0.26%
UNP	C	0.29%	0.08%	0.08%
UPS	C	0.38%	0.09%	0.09%
URI	B	0.17%	0.14%	0.14%
USB	A	0.3%	0.06%	0.06%
VICI	C	0.13%	0.06%	0.06%
VLO	C	0.17%	0.5%	0.17%
VLTO	C	0.05%	0.03%	0.03%
VMC	B	0.11%	0.17%	0.11%
VRSN	F	0.06%	0.27%	0.06%
VRTX	D	0.23%	0.23%	0.23%
VTR	D	0.1%	0.11%	0.1%
VTRS	B	0.06%	0.24%	0.06%
VZ	B	0.68%	0.33%	0.33%
WAB	B	0.13%	0.13%	0.13%
WAT	B	0.03%	0.15%	0.03%
WBA	D	0.02%	0.64%	0.02%
WBD	C	0.09%	0.19%	0.09%
WDC	C	0.08%	0.17%	0.08%
WEC	A	0.12%	0.07%	0.07%
WELL	C	0.32%	0.11%	0.11%
WFC	A	1.01%	0.13%	0.13%
WMB	B	0.27%	0.25%	0.25%
WMT	B	1.42%	0.73%	0.73%
WRB	A	0.07%	0.14%	0.07%
WST	C	0.03%	0.05%	0.03%
WTW	B	0.12%	0.03%	0.03%
WY	D	0.09%	0.17%	0.09%
WYNN	D	0.03%	0.08%	0.03%
XEL	A	0.15%	0.08%	0.08%
XOM	C	2.08%	0.77%	0.77%
XYL	D	0.11%	0.19%	0.11%
YUM	B	0.09%	0.51%	0.09%
ZBH	C	0.09%	0.12%	0.09%
ZBRA	A	0.06%	0.13%	0.06%
ZTS	D	0.05%	0.25%	0.05%

GVUS Overweight 400 Positions Relative to SSPY

Symbol	Grade	Weight
MRVL	B	0.27%
MSTR	C	0.19%
SQ	B	0.11%
FCNCA	B	0.1%
LNG	B	0.09%
ZM	B	0.08%
HOOD	B	0.08%
APO	A	0.08%
ILMN	C	0.08%
OC	B	0.07%
RBA	B	0.07%
TRU	D	0.07%
CSL	B	0.07%
RS	B	0.07%
WSO	A	0.07%
IBKR	B	0.07%
EWBC	B	0.06%
ACM	A	0.06%
THC	D	0.06%
USFD	A	0.06%
MKL	A	0.06%
GGG	B	0.06%
RGA	A	0.06%
SUI	D	0.06%
SSNC	A	0.06%
FNF	B	0.06%
TOL	A	0.06%
UTHR	C	0.06%
CVNA	B	0.06%
Z	B	0.05%
OVV	C	0.05%
SOFI	B	0.05%
BMRN	F	0.05%
SCI	A	0.05%
NVT	B	0.05%
NTNX	B	0.05%
FTI	A	0.05%
WPC	D	0.05%
CLH	B	0.05%
ITT	A	0.05%
CASY	B	0.05%
AMH	C	0.05%
AFRM	B	0.05%
COHR	C	0.05%
GLPI	B	0.05%
ELS	C	0.05%
RPM	A	0.05%
UNM	A	0.05%
TWLO	B	0.05%
RNR	C	0.05%
CW	B	0.05%
EME	B	0.05%
AVTR	F	0.05%
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%
RGLD	D	0.04%
INGR	B	0.04%
BRBR	B	0.04%
PNFP	B	0.04%
ORI	A	0.04%
AYI	B	0.04%
CNH	A	0.04%
JEF	A	0.04%
CIEN	B	0.04%
DOX	D	0.04%
WAL	B	0.04%
WTRG	B	0.04%
COIN	B	0.04%
EHC	B	0.04%
DTM	B	0.04%
OHI	D	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%
WBS	B	0.04%
DKS	C	0.04%
ALSN	B	0.04%
PRI	A	0.04%
CACI	D	0.04%
CCK	D	0.04%
EVR	B	0.04%
CUBE	D	0.04%
PFGC	A	0.04%
AA	A	0.04%
CG	B	0.04%
ATR	B	0.04%
FHN	B	0.04%
RRX	A	0.04%
SF	B	0.04%
BJ	B	0.04%
COLB	B	0.03%
CGNX	C	0.03%
FAF	B	0.03%
KBR	F	0.03%
LSTR	B	0.03%
BILL	A	0.03%
STAG	D	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%
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%
R	B	0.03%
OSK	B	0.03%
MIDD	B	0.03%
PR	C	0.03%
LBRDK	C	0.03%
PB	B	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
KEX	B	0.03%
DASH	A	0.03%
SKX	D	0.03%
RHI	C	0.03%
CHE	D	0.03%
ADC	B	0.03%
NNN	D	0.03%
BERY	B	0.03%
G	B	0.03%
CRBG	B	0.03%
FLS	A	0.03%
RIVN	D	0.03%
CHRD	F	0.03%
RRC	B	0.03%
ACI	C	0.03%
X	C	0.03%
APG	B	0.03%
WTFC	B	0.03%
TKO	B	0.03%
SEIC	A	0.03%
SNV	B	0.03%
CFR	B	0.03%
LAMR	C	0.03%
HLI	A	0.03%
LECO	C	0.03%
EGP	D	0.03%
VOYA	B	0.03%
NYT	C	0.03%
TTC	D	0.03%
CR	B	0.03%
MTZ	B	0.03%
ALLY	C	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%
ZION	B	0.03%
TTEK	F	0.03%
BRX	A	0.03%
SNX	C	0.03%
KNX	B	0.03%
AAL	B	0.03%
AR	B	0.03%
RBC	B	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%
DLB	B	0.02%
AN	B	0.02%
M	D	0.02%
GTES	A	0.02%
WLK	D	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%
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%
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%
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%
RGEN	D	0.02%
NFG	B	0.02%
OLLI	C	0.02%
DOCS	C	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%
BPOP	B	0.02%
BIO	D	0.02%
ARW	D	0.02%
MTDR	C	0.02%
COLD	F	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%
KD	B	0.02%
SAIC	F	0.02%
MSA	C	0.02%
MAT	D	0.02%
DDS	B	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%
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%
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%
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%
MSGS	B	0.01%
DNB	B	0.01%
DXC	B	0.01%
PLNT	B	0.01%
XRAY	F	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%
INFA	D	0.0%
LBRDA	C	0.0%
CWEN	C	0.0%
DV	C	0.0%
NCNO	B	0.0%

GVUS Underweight 65 Positions Relative to SSPY

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