GVUS vs. VCIT ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$81.01

Average Daily Volume

6,195,281

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	VCIT
30 Days	2.39%	-0.49%
60 Days	4.06%	-2.68%
90 Days	5.58%	-1.49%
12 Months		8.61%

396 Overlapping Holdings

Symbol	Grade	Weight in GVUS	Weight in VCIT	Overlap
A	D	0.14%	0.02%	0.02%
AAL	B	0.03%	0.01%	0.01%
AAP	C	0.01%	0.01%	0.01%
ABBV	D	0.65%	0.13%	0.13%
ABT	B	0.78%	0.02%	0.02%
ACGL	D	0.14%	0.03%	0.03%
ADC	B	0.03%	0.01%	0.01%
ADI	D	0.4%	0.04%	0.04%
ADM	D	0.1%	0.05%	0.05%
ADP	B	0.04%	0.04%	0.04%
AEE	A	0.09%	0.01%	0.01%
AEP	D	0.2%	0.01%	0.01%
AES	F	0.04%	0.02%	0.02%
AFG	A	0.04%	0.02%	0.02%
AFL	B	0.24%	0.01%	0.01%
AGO	B	0.02%	0.03%	0.02%
AGR	B	0.01%	0.04%	0.01%
AIG	B	0.19%	0.02%	0.02%
AIZ	A	0.04%	0.02%	0.02%
AL	B	0.02%	0.01%	0.01%
ALL	A	0.17%	0.02%	0.02%
ALLE	D	0.05%	0.02%	0.02%
AMAT	F	0.04%	0.04%	0.04%
AMCR	D	0.06%	0.01%	0.01%
AMG	B	0.02%	0.04%	0.02%
AMGN	D	0.13%	0.01%	0.01%
AMH	D	0.05%	0.02%	0.02%
AN	C	0.02%	0.02%	0.02%
AON	A	0.29%	0.01%	0.01%
APD	A	0.27%	0.02%	0.02%
APH	A	0.14%	0.02%	0.02%
APTV	D	0.06%	0.01%	0.01%
ARE	D	0.07%	0.01%	0.01%
ARW	D	0.02%	0.03%	0.02%
ATO	A	0.08%	0.02%	0.02%
AVB	B	0.13%	0.02%	0.02%
AVT	C	0.02%	0.02%	0.02%
AVY	D	0.04%	0.02%	0.02%
AWK	D	0.1%	0.02%	0.02%
AXP	A	0.39%	0.11%	0.11%
AXS	A	0.03%	0.01%	0.01%
AYI	B	0.04%	0.03%	0.03%
AZO	C	0.02%	0.03%	0.02%
BA	F	0.31%	0.03%	0.03%
BAC	A	1.23%	0.01%	0.01%
BAX	D	0.06%	0.02%	0.02%
BBY	D	0.08%	0.02%	0.02%
BC	C	0.02%	0.03%	0.02%
BDX	F	0.25%	0.03%	0.03%
BEN	C	0.02%	0.04%	0.02%
BERY	B	0.03%	0.03%	0.03%
BG	F	0.05%	0.03%	0.03%
BHF	B	0.01%	0.05%	0.01%
BIIB	F	0.09%	0.07%	0.07%
BK	A	0.22%	0.01%	0.01%
BKNG	A	0.04%	0.03%	0.03%
BLK	C	0.6%	0.04%	0.04%
BMY	B	0.44%	0.03%	0.03%
BR	A	0.01%	0.04%	0.01%
BRO	B	0.06%	0.02%	0.02%
BRX	A	0.03%	0.01%	0.01%
BSX	B	0.5%	0.01%	0.01%
BWA	D	0.03%	0.01%	0.01%
BXP	D	0.05%	0.02%	0.02%
C	A	0.51%	0.02%	0.02%
CAG	D	0.05%	0.01%	0.01%
CAH	B	0.05%	0.05%	0.05%
CARR	D	0.24%	0.04%	0.04%
CAT	B	0.63%	0.02%	0.02%
CB	C	0.45%	0.01%	0.01%
CBOE	B	0.08%	0.02%	0.02%
CCI	D	0.18%	0.03%	0.03%
CE	F	0.02%	0.02%	0.02%
CFG	B	0.08%	0.03%	0.03%
CHD	B	0.1%	0.02%	0.02%
CHRW	C	0.05%	0.03%	0.03%
CHTR	C	0.14%	0.06%	0.06%
CI	F	0.32%	0.02%	0.02%
CINF	A	0.09%	0.02%	0.02%
CMA	A	0.04%	0.03%	0.03%
CMCSA	B	0.64%	0.02%	0.02%
CME	A	0.32%	0.03%	0.03%
CMI	A	0.19%	0.04%	0.04%
CMS	C	0.08%	0.02%	0.02%
CNA	B	0.0%	0.01%	0.0%
CNH	C	0.04%	0.04%	0.04%
CNP	B	0.08%	0.02%	0.02%
COF	B	0.27%	0.03%	0.03%
COP	C	0.51%	0.01%	0.01%
CPB	D	0.03%	0.03%	0.03%
CPT	B	0.05%	0.02%	0.02%
CRM	B	0.18%	0.07%	0.07%
CSL	C	0.07%	0.03%	0.03%
CSX	B	0.27%	0.02%	0.02%
CTAS	B	0.01%	0.05%	0.01%
CTVA	C	0.15%	0.02%	0.02%
CUBE	D	0.04%	0.01%	0.01%
CVS	D	0.26%	0.02%	0.02%
CVX	A	1.08%	0.01%	0.01%
D	C	0.19%	0.01%	0.01%
DAL	C	0.16%	0.03%	0.03%
DD	D	0.13%	0.1%	0.1%
DE	A	0.39%	0.01%	0.01%
DELL	C	0.12%	0.04%	0.04%
DFS	B	0.17%	0.01%	0.01%
DG	F	0.06%	0.03%	0.03%
DGX	A	0.07%	0.01%	0.01%
DHI	D	0.19%	0.02%	0.02%
DHR	F	0.58%	0.04%	0.04%
DIS	B	0.82%	0.03%	0.03%
DLR	B	0.23%	0.03%	0.03%
DLTR	F	0.05%	0.07%	0.05%
DOC	D	0.06%	0.01%	0.01%
DOV	A	0.11%	0.02%	0.02%
DOW	F	0.12%	0.01%	0.01%
DOX	D	0.04%	0.03%	0.03%
DRI	B	0.04%	0.02%	0.02%
DTE	C	0.1%	0.01%	0.01%
DUK	C	0.34%	0.01%	0.01%
DVN	F	0.09%	0.01%	0.01%
DXC	B	0.01%	0.03%	0.01%
EA	A	0.17%	0.04%	0.04%
EBAY	D	0.12%	0.04%	0.04%
ECL	D	0.03%	0.01%	0.01%
ED	D	0.13%	0.01%	0.01%
EFX	F	0.09%	0.03%	0.03%
EIX	B	0.12%	0.01%	0.01%
EL	F	0.04%	0.02%	0.02%
EMN	D	0.05%	0.03%	0.03%
EMR	A	0.28%	0.01%	0.01%
EOG	A	0.3%	0.05%	0.05%
EPR	D	0.01%	0.02%	0.01%
EQIX	A	0.31%	0.02%	0.02%
EQR	B	0.11%	0.02%	0.02%
ES	D	0.08%	0.01%	0.01%
ESS	B	0.08%	0.01%	0.01%
ETN	A	0.56%	0.03%	0.03%
ETR	B	0.12%	0.01%	0.01%
EVRG	A	0.06%	0.01%	0.01%
EW	C	0.13%	0.03%	0.03%
EXC	C	0.15%	0.01%	0.01%
EXP	A	0.01%	0.04%	0.01%
EXR	D	0.13%	0.02%	0.02%
FAF	A	0.03%	0.03%	0.03%
FANG	D	0.13%	0.04%	0.04%
FDX	B	0.26%	0.02%	0.02%
FHN	A	0.04%	0.03%	0.03%
FIS	C	0.19%	0.03%	0.03%
FITB	A	0.12%	0.03%	0.03%
FLO	D	0.02%	0.01%	0.01%
FLS	B	0.03%	0.03%	0.03%
FMC	D	0.03%	0.03%	0.03%
FNF	B	0.06%	0.02%	0.02%
FOXA	B	0.04%	0.03%	0.03%
FRT	B	0.04%	0.02%	0.02%
FTNT	C	0.04%	0.02%	0.02%
GD	F	0.31%	0.01%	0.01%
GE	D	0.59%	0.04%	0.04%
GILD	C	0.43%	0.01%	0.01%
GIS	D	0.14%	0.04%	0.04%
GL	B	0.04%	0.02%	0.02%
GLPI	C	0.05%	0.03%	0.03%
GM	B	0.25%	0.02%	0.02%
GPC	D	0.07%	0.02%	0.02%
GPN	B	0.11%	0.02%	0.02%
GS	A	0.53%	0.05%	0.05%
GXO	B	0.03%	0.02%	0.02%
H	B	0.02%	0.02%	0.02%
HAL	C	0.1%	0.06%	0.06%
HAS	D	0.0%	0.01%	0.0%
HBAN	A	0.1%	0.02%	0.02%
HCA	F	0.19%	0.05%	0.05%
HD	A	0.32%	0.03%	0.03%
HES	B	0.06%	0.02%	0.02%
HIG	B	0.13%	0.03%	0.03%
HII	D	0.03%	0.01%	0.01%
HIW	D	0.01%	0.01%	0.01%
HON	B	0.49%	0.01%	0.01%
HPQ	A	0.11%	0.04%	0.04%
HRB	D	0.03%	0.03%	0.03%
HRL	D	0.03%	0.01%	0.01%
HST	C	0.05%	0.03%	0.03%
HSY	F	0.08%	0.01%	0.01%
HUBB	B	0.09%	0.01%	0.01%
HUM	C	0.13%	0.01%	0.01%
HUN	F	0.01%	0.02%	0.01%
IBM	C	0.73%	0.01%	0.01%
ICE	C	0.34%	0.03%	0.03%
IEX	B	0.07%	0.05%	0.05%
IFF	D	0.09%	0.02%	0.02%
ILMN	D	0.08%	0.03%	0.03%
INGR	B	0.04%	0.03%	0.03%
INTC	D	0.4%	0.05%	0.05%
INVH	D	0.08%	0.04%	0.04%
IPG	D	0.04%	0.02%	0.02%
ITW	B	0.19%	0.04%	0.04%
JBL	B	0.05%	0.03%	0.03%
JCI	C	0.22%	0.02%	0.02%
JEF	A	0.04%	0.02%	0.02%
JNJ	D	1.44%	0.01%	0.01%
JNPR	F	0.05%	0.03%	0.03%
JPM	A	2.73%	0.01%	0.01%
K	A	0.08%	0.02%	0.02%
KDP	D	0.14%	0.03%	0.03%
KEX	C	0.03%	0.03%	0.03%
KEY	B	0.07%	0.02%	0.02%
KEYS	A	0.1%	0.03%	0.03%
KIM	A	0.06%	0.02%	0.02%
KMB	D	0.1%	0.02%	0.02%
KMI	A	0.21%	0.01%	0.01%
KMPR	B	0.02%	0.01%	0.01%
KO	D	0.4%	0.01%	0.01%
KR	B	0.15%	0.01%	0.01%
KRC	C	0.02%	0.02%	0.02%
KSS	F	0.01%	0.03%	0.01%
L	A	0.06%	0.04%	0.04%
LDOS	C	0.08%	0.05%	0.05%
LEA	D	0.02%	0.02%	0.02%
LEG	F	0.01%	0.02%	0.01%
LEN	D	0.16%	0.01%	0.01%
LEN	D	0.01%	0.01%	0.01%
LH	C	0.08%	0.01%	0.01%
LHX	C	0.18%	0.01%	0.01%
LIN	D	0.84%	0.03%	0.03%
LMT	D	0.3%	0.04%	0.04%
LNC	B	0.02%	0.02%	0.02%
LNT	A	0.06%	0.01%	0.01%
LOW	D	0.6%	0.01%	0.01%
LUV	C	0.08%	0.01%	0.01%
LYB	F	0.08%	0.03%	0.03%
MAA	B	0.07%	0.01%	0.01%
MAR	B	0.25%	0.01%	0.01%
MAS	D	0.07%	0.02%	0.02%
MCD	D	0.77%	0.01%	0.01%
MDLZ	F	0.34%	0.02%	0.02%
MDT	D	0.44%	0.02%	0.02%
MET	A	0.19%	0.07%	0.07%
MHK	D	0.03%	0.02%	0.02%
MKC	D	0.07%	0.01%	0.01%
MKL	A	0.06%	0.01%	0.01%
MLM	B	0.13%	0.01%	0.01%
MMC	B	0.37%	0.04%	0.04%
MMM	D	0.23%	0.02%	0.02%
MO	A	0.37%	0.02%	0.02%
MOS	F	0.03%	0.04%	0.03%
MPC	D	0.22%	0.04%	0.04%
MRO	B	0.06%	0.05%	0.05%
MRVL	B	0.27%	0.03%	0.03%
MS	A	0.57%	0.01%	0.01%
MSI	B	0.16%	0.02%	0.02%
MTB	A	0.14%	0.04%	0.04%
MU	D	0.41%	0.03%	0.03%
NDAQ	A	0.13%	0.03%	0.03%
NEE	D	0.61%	0.01%	0.01%
NEM	D	0.18%	0.05%	0.05%
NEU	C	0.01%	0.01%	0.01%
NFG	A	0.02%	0.01%	0.01%
NI	A	0.06%	0.03%	0.03%
NKE	D	0.14%	0.04%	0.04%
NNN	D	0.03%	0.01%	0.01%
NOC	D	0.26%	0.02%	0.02%
NOV	C	0.02%	0.02%	0.02%
NSC	B	0.23%	0.01%	0.01%
NTAP	C	0.05%	0.03%	0.03%
NTRS	A	0.08%	0.02%	0.02%
NUE	C	0.14%	0.02%	0.02%
NVR	D	0.1%	0.05%	0.05%
NVT	B	0.05%	0.02%	0.02%
O	D	0.19%	0.03%	0.03%
OC	A	0.07%	0.02%	0.02%
OGE	B	0.03%	0.01%	0.01%
OHI	C	0.04%	0.01%	0.01%
OKE	A	0.25%	0.01%	0.01%
OMC	C	0.07%	0.03%	0.03%
ORLY	B	0.02%	0.01%	0.01%
OSK	B	0.03%	0.02%	0.02%
OTIS	C	0.16%	0.04%	0.04%
PCG	A	0.18%	0.01%	0.01%
PEG	A	0.17%	0.01%	0.01%
PEP	F	0.18%	0.02%	0.02%
PFE	D	0.55%	0.03%	0.03%
PFG	D	0.08%	0.02%	0.02%
PG	A	1.21%	0.04%	0.04%
PGR	A	0.09%	0.01%	0.01%
PH	A	0.35%	0.05%	0.05%
PHM	D	0.1%	0.03%	0.03%
PKG	A	0.08%	0.02%	0.02%
PLD	D	0.41%	0.01%	0.01%
PM	B	0.78%	0.02%	0.02%
PNC	B	0.32%	0.01%	0.01%
PNR	A	0.07%	0.01%	0.01%
PNW	B	0.04%	0.01%	0.01%
PPG	F	0.11%	0.02%	0.02%
PRU	A	0.18%	0.02%	0.02%
PSA	D	0.17%	0.01%	0.01%
PSX	C	0.21%	0.04%	0.04%
PWR	A	0.13%	0.05%	0.05%
PYPL	B	0.34%	0.05%	0.05%
QCOM	F	0.04%	0.05%	0.04%
QRVO	F	0.02%	0.05%	0.02%
R	B	0.03%	0.02%	0.02%
REG	B	0.05%	0.02%	0.02%
REGN	F	0.28%	0.06%	0.06%
REXR	F	0.04%	0.01%	0.01%
RF	A	0.09%	0.03%	0.03%
RGA	A	0.06%	0.03%	0.03%
RJF	A	0.12%	0.07%	0.07%
RL	B	0.03%	0.03%	0.03%
RNR	C	0.05%	0.01%	0.01%
ROK	B	0.12%	0.01%	0.01%
ROP	B	0.23%	0.03%	0.03%
ROST	C	0.14%	0.02%	0.02%
RPM	A	0.05%	0.03%	0.03%
RPRX	D	0.04%	0.02%	0.02%
RS	B	0.07%	0.02%	0.02%
RSG	A	0.17%	0.01%	0.01%
RTX	C	0.61%	0.01%	0.01%
RYN	D	0.02%	0.02%	0.02%
SBUX	A	0.1%	0.02%	0.02%
SCHW	B	0.42%	0.01%	0.01%
SF	B	0.04%	0.02%	0.02%
SHW	A	0.03%	0.02%	0.02%
SJM	D	0.04%	0.03%	0.03%
SLB	C	0.24%	0.05%	0.05%
SNA	A	0.07%	0.01%	0.01%
SNX	C	0.03%	0.03%	0.03%
SO	D	0.37%	0.02%	0.02%
SON	D	0.02%	0.03%	0.02%
SPG	B	0.17%	0.01%	0.01%
SPGI	C	0.61%	0.02%	0.02%
SRE	A	0.23%	0.03%	0.03%
STE	F	0.08%	0.05%	0.05%
STLD	B	0.08%	0.02%	0.02%
STT	A	0.11%	0.01%	0.01%
STZ	D	0.15%	0.02%	0.02%
SUI	D	0.06%	0.01%	0.01%
SWK	D	0.05%	0.03%	0.03%
SWKS	F	0.05%	0.03%	0.03%
SYF	B	0.1%	0.03%	0.03%
SYK	C	0.39%	0.02%	0.02%
SYY	B	0.06%	0.05%	0.05%
T	A	0.63%	0.05%	0.05%
TDY	B	0.08%	0.03%	0.03%
TFC	A	0.24%	0.02%	0.02%
TGT	F	0.27%	0.02%	0.02%
THG	A	0.02%	0.01%	0.01%
TJX	A	0.22%	0.01%	0.01%
TKR	D	0.02%	0.02%	0.02%
TMO	F	0.76%	0.03%	0.03%
TMUS	B	0.44%	0.09%	0.09%
TRMB	B	0.07%	0.03%	0.03%
TSN	B	0.07%	0.06%	0.06%
TT	A	0.24%	0.03%	0.03%
TXN	C	0.63%	0.02%	0.02%
TXT	D	0.06%	0.01%	0.01%
UAL	A	0.12%	0.01%	0.01%
UDR	B	0.06%	0.01%	0.01%
UHS	D	0.05%	0.04%	0.04%
UNH	C	1.98%	0.01%	0.01%
UNM	A	0.05%	0.02%	0.02%
UNP	C	0.29%	0.02%	0.02%
UPS	C	0.38%	0.03%	0.03%
URI	B	0.17%	0.04%	0.04%
USB	A	0.3%	0.01%	0.01%
VFC	C	0.03%	0.03%	0.03%
VLO	C	0.17%	0.03%	0.03%
VMC	B	0.11%	0.02%	0.02%
VNO	B	0.03%	0.02%	0.02%
VNT	B	0.02%	0.03%	0.02%
VOYA	B	0.03%	0.02%	0.02%
VRSN	F	0.06%	0.04%	0.04%
VTR	C	0.1%	0.02%	0.02%
VTRS	A	0.06%	0.04%	0.04%
VZ	C	0.68%	0.04%	0.04%
WAB	B	0.13%	0.04%	0.04%
WBA	F	0.02%	0.02%	0.02%
WBS	A	0.04%	0.02%	0.02%
WEC	A	0.12%	0.01%	0.01%
WELL	A	0.32%	0.01%	0.01%
WFC	A	1.01%	0.01%	0.01%
WHR	B	0.02%	0.01%	0.01%
WLK	D	0.02%	0.01%	0.01%
WMB	A	0.27%	0.01%	0.01%
WMT	A	1.42%	0.01%	0.01%
WPC	D	0.05%	0.02%	0.02%
WTFC	A	0.03%	0.01%	0.01%
WTRG	B	0.04%	0.03%	0.03%
WU	D	0.01%	0.02%	0.01%
WY	D	0.09%	0.01%	0.01%
XEL	A	0.15%	0.01%	0.01%
XOM	B	2.08%	0.01%	0.01%
XRAY	F	0.01%	0.04%	0.01%
XYL	D	0.11%	0.02%	0.02%
ZBH	C	0.09%	0.05%	0.05%
ZION	B	0.03%	0.03%	0.03%
ZTS	D	0.05%	0.02%	0.02%

GVUS Overweight 440 Positions Relative to VCIT

Symbol	Grade	Weight
BRK.A	B	3.35%
CSCO	B	0.91%
ACN	C	0.86%
GEV	B	0.35%
FI	A	0.32%
ELV	F	0.31%
AMD	F	0.29%
KKR	A	0.28%
FCX	D	0.24%
AJG	B	0.23%
CEG	D	0.23%
TRV	B	0.23%
VRTX	F	0.23%
PCAR	B	0.22%
TDG	D	0.21%
MSTR	C	0.19%
KVUE	A	0.18%
HWM	A	0.17%
BKR	B	0.17%
F	C	0.17%
AME	A	0.17%
MCK	B	0.17%
CBRE	B	0.16%
IR	B	0.16%
CTSH	B	0.15%
GLW	B	0.14%
RCL	A	0.14%
GEHC	F	0.13%
VICI	C	0.13%
MCHP	F	0.13%
OXY	D	0.13%
CL	D	0.13%
HLT	A	0.12%
TTWO	A	0.12%
CNC	D	0.12%
IQV	D	0.12%
GRMN	B	0.12%
WTW	B	0.12%
SQ	A	0.11%
HPE	B	0.11%
KHC	F	0.11%
ON	D	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
PAYX	C	0.11%
RMD	C	0.1%
MTD	D	0.1%
PPL	B	0.1%
TROW	B	0.1%
FTV	C	0.1%
SW	A	0.1%
FCNCA	A	0.1%
WBD	C	0.09%
YUM	B	0.09%
EQT	B	0.09%
SBAC	D	0.09%
FE	C	0.09%
LNG	B	0.09%
CCL	B	0.09%
MSCI	C	0.08%
IP	B	0.08%
FSLR	F	0.08%
WDC	D	0.08%
ZM	B	0.08%
HOOD	B	0.08%
APO	B	0.08%
RBA	A	0.07%
J	F	0.07%
TRU	D	0.07%
WRB	A	0.07%
WSO	A	0.07%
HOLX	D	0.07%
BALL	D	0.07%
IBKR	A	0.07%
CTRA	B	0.07%
BLDR	D	0.07%
EXPD	D	0.06%
EWBC	A	0.06%
IRM	D	0.06%
NDSN	B	0.06%
ACM	B	0.06%
JBHT	C	0.06%
THC	D	0.06%
USFD	A	0.06%
GGG	B	0.06%
ZBRA	B	0.06%
SSNC	B	0.06%
TOL	B	0.06%
CF	B	0.06%
UTHR	C	0.06%
GEN	B	0.06%
CVNA	B	0.06%
Z	A	0.05%
OVV	B	0.05%
SOFI	A	0.05%
CDW	F	0.05%
FDS	B	0.05%
MRNA	F	0.05%
BMRN	D	0.05%
SCI	B	0.05%
NTNX	A	0.05%
FTI	A	0.05%
ALB	C	0.05%
EPAM	C	0.05%
CLH	B	0.05%
ITT	A	0.05%
JKHY	D	0.05%
CASY	A	0.05%
AFRM	A	0.05%
COHR	B	0.05%
TPR	B	0.05%
AKAM	D	0.05%
ELS	C	0.05%
EG	C	0.05%
RVTY	F	0.05%
TWLO	A	0.05%
CW	B	0.05%
FFIV	B	0.05%
EME	C	0.05%
VLTO	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%
DCI	B	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
RGLD	C	0.04%
SOLV	C	0.04%
BRBR	A	0.04%
PNFP	B	0.04%
ORI	A	0.04%
CIEN	B	0.04%
MKTX	D	0.04%
WAL	B	0.04%
COIN	C	0.04%
DPZ	C	0.04%
CRL	C	0.04%
EHC	B	0.04%
DTM	B	0.04%
DAY	B	0.04%
GME	C	0.04%
ARMK	B	0.04%
LAD	A	0.04%
BLD	D	0.04%
WWD	B	0.04%
LKQ	D	0.04%
DKS	C	0.04%
ALSN	B	0.04%
PRI	A	0.04%
CACI	D	0.04%
TECH	D	0.04%
CCK	C	0.04%
CTLT	B	0.04%
EVR	B	0.04%
PFGC	B	0.04%
NWSA	B	0.04%
TAP	C	0.04%
AA	B	0.04%
CG	A	0.04%
ATR	B	0.04%
RRX	B	0.04%
NRG	B	0.04%
INCY	C	0.04%
KMX	B	0.04%
BJ	A	0.04%
COLB	A	0.03%
CGNX	C	0.03%
IVZ	B	0.03%
KBR	F	0.03%
LSTR	D	0.03%
BILL	A	0.03%
ALGN	F	0.03%
STAG	F	0.03%
GWW	B	0.03%
AGNC	D	0.03%
MKSI	C	0.03%
MTG	C	0.03%
VMI	B	0.03%
ALK	C	0.03%
WEX	D	0.03%
WSM	B	0.03%
RLI	B	0.03%
DAR	C	0.03%
DINO	D	0.03%
FND	C	0.03%
MTSI	B	0.03%
FCN	D	0.03%
ELAN	D	0.03%
SSD	D	0.03%
ATI	D	0.03%
FR	D	0.03%
GNTX	C	0.03%
COKE	C	0.03%
ESAB	B	0.03%
WH	B	0.03%
BBWI	D	0.03%
MIDD	C	0.03%
PR	B	0.03%
FAST	B	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
JAZZ	B	0.03%
MNST	C	0.03%
DASH	A	0.03%
SKX	D	0.03%
RHI	B	0.03%
CHE	D	0.03%
G	B	0.03%
CRBG	B	0.03%
RIVN	F	0.03%
CHRD	D	0.03%
MTCH	D	0.03%
RRC	B	0.03%
ACI	C	0.03%
CZR	F	0.03%
X	C	0.03%
APG	B	0.03%
APA	D	0.03%
TKO	B	0.03%
SEIC	B	0.03%
SNV	B	0.03%
CFR	B	0.03%
FICO	B	0.03%
LAMR	D	0.03%
HLI	B	0.03%
WAT	B	0.03%
LECO	B	0.03%
EGP	F	0.03%
NYT	C	0.03%
TTC	D	0.03%
CR	A	0.03%
MTZ	B	0.03%
ALLY	C	0.03%
CBSH	A	0.03%
JLL	D	0.03%
FYBR	D	0.03%
GWRE	A	0.03%
GPK	C	0.03%
WYNN	D	0.03%
TTEK	F	0.03%
AOS	F	0.03%
MGM	D	0.03%
KNX	B	0.03%
HSIC	B	0.03%
PTC	A	0.03%
AR	B	0.03%
RBC	A	0.03%
WST	C	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%
TPG	A	0.02%
PAYC	B	0.02%
DLB	B	0.02%
M	D	0.02%
GTES	A	0.02%
GAP	B	0.02%
AWI	A	0.02%
EEFT	B	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
CUZ	B	0.02%
DBX	B	0.02%
ST	F	0.02%
CROX	D	0.02%
ROIV	C	0.02%
FRPT	B	0.02%
AMP	A	0.02%
HXL	D	0.02%
SEE	C	0.02%
OLN	D	0.02%
BYD	C	0.02%
UGI	A	0.02%
BFAM	D	0.02%
OZK	B	0.02%
POST	C	0.02%
GNRC	B	0.02%
SLM	A	0.02%
LFUS	F	0.02%
SN	D	0.02%
WMS	D	0.02%
LITE	B	0.02%
CRUS	D	0.02%
EXAS	D	0.02%
RGEN	D	0.02%
OLLI	D	0.02%
DOCS	C	0.02%
FOX	A	0.02%
THO	B	0.02%
JHG	A	0.02%
ONTO	D	0.02%
IDA	A	0.02%
AGCO	D	0.02%
SAIA	B	0.02%
PVH	C	0.02%
FNB	A	0.02%
XP	F	0.02%
STWD	C	0.02%
S	B	0.02%
BPOP	B	0.02%
BIO	D	0.02%
MTDR	B	0.02%
COLD	D	0.02%
ESI	A	0.02%
OKTA	C	0.02%
SIRI	C	0.02%
MOH	F	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%
TER	D	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%
EXEL	B	0.01%
CNXC	F	0.01%
UA	B	0.01%
LCID	F	0.01%
CLVT	F	0.01%
BIRK	D	0.01%
SHC	F	0.01%
ADTN	A	0.01%
VSTS	C	0.01%
RKT	F	0.01%
CRI	D	0.01%
PPC	C	0.01%
AZEK	A	0.01%
BRKR	D	0.01%
PSTG	D	0.01%
GO	C	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%
SAM	C	0.01%
AZTA	D	0.01%
YETI	C	0.01%
ULTA	F	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%
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%
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%
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%
MASI	A	0.01%
ZG	A	0.01%
ALNY	D	0.01%
CPRT	A	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%
NVST	B	0.01%
W	F	0.01%
NWS	A	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%
TYL	C	0.01%
MSGS	A	0.01%
DNB	B	0.01%
PLNT	A	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%
INFA	D	0.0%
LBRDA	C	0.0%
CWEN	C	0.0%
DV	C	0.0%
NCNO	B	0.0%

GVUS Underweight 93 Positions Relative to VCIT

Symbol	Grade	Weight
DT	C	-0.28%
MSFT	F	-0.23%
WIT	A	-0.15%
AMZN	C	-0.09%
NOW	A	-0.07%
DB	D	-0.07%
COST	B	-0.07%
BABA	D	-0.07%
VRSK	A	-0.06%
KOF	F	-0.06%
NVDA	C	-0.06%
MRK	F	-0.06%
BMO	A	-0.05%
ARCC	A	-0.05%
TD	F	-0.05%
ADBE	C	-0.05%
EXPE	B	-0.05%
AZN	D	-0.05%
NWG	C	-0.05%
KLAC	D	-0.04%
LVS	C	-0.04%
PAA	B	-0.04%
LRCX	F	-0.04%
AER	B	-0.04%
MPLX	A	-0.04%
ET	A	-0.04%
GOOGL	C	-0.04%
GSK	F	-0.04%
VOD	F	-0.04%
LLY	F	-0.03%
ADSK	A	-0.03%
BNS	A	-0.03%
TSCO	D	-0.03%
SBRA	C	-0.03%
HP	B	-0.03%
JD	D	-0.03%
CNO	A	-0.03%
AAT	B	-0.03%
BDN	C	-0.03%
TEL	B	-0.03%
WB	D	-0.03%
SCS	C	-0.03%
FLEX	A	-0.03%
NXPI	D	-0.03%
V	A	-0.03%
MA	C	-0.03%
AMT	D	-0.03%
EPD	A	-0.03%
MUFG	B	-0.03%
TME	D	-0.02%
SKT	B	-0.02%
SITC	D	-0.02%
SAFE	D	-0.02%
BKU	A	-0.02%
HR	C	-0.02%
EPRT	B	-0.02%
NHI	D	-0.02%
DSS	F	-0.02%
FSK	A	-0.02%
LII	A	-0.02%
MCY	A	-0.02%
PDM	D	-0.02%
LAZ	B	-0.02%
PRE	D	-0.02%
MCO	B	-0.02%
INTU	C	-0.02%
CP	D	-0.02%
BIDU	F	-0.02%
ESGR	B	-0.02%
ORCL	B	-0.02%
GBDC	C	-0.01%
SAVE	D	-0.01%
OCSL	F	-0.01%
GOOG	C	-0.01%
PSEC	D	-0.01%
OGS	A	-0.01%
KRG	B	-0.01%
CBT	C	-0.01%
KMT	B	-0.01%
CHH	A	-0.01%
LXP	D	-0.01%
OPI	F	-0.01%
HPP	F	-0.01%
BKH	A	-0.01%
SWX	B	-0.01%
GP	F	-0.01%
CLX	B	-0.01%
WM	A	-0.01%
WEST	C	-0.01%
EQH	B	-0.01%
AAPL	C	-0.01%
HSBC	B	-0.01%
AVGO	D	-0.01%