GVUS vs. VONG ETF Comparison

Comparison of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) to Vanguard Russell 1000 Growth ETF (VONG)

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

$50.44

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

VONG

Vanguard Russell 1000 Growth ETF

VONG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Growth Index. The index is designed to measure the performance of large-capitalization growth stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$101.32

Average Daily Volume

693,878

Number of Holdings ^*

386

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	VONG
30 Days	2.39%	2.37%
60 Days	4.06%	5.82%
90 Days	5.58%	7.12%
12 Months		36.13%

246 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in VONG	Overlap
	AAL	B	0.03%	0.0%	0.0%
	ABBV	F	0.65%	0.57%	0.57%
	ADP	A	0.04%	0.4%	0.04%
	AJG	A	0.23%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.03%	0.03%
	ALLY	C	0.03%	0.0%	0.0%
	ALNY	D	0.01%	0.11%	0.01%
	AM	A	0.01%	0.01%	0.01%
	AMAT	F	0.04%	0.5%	0.04%
	AMD	F	0.29%	0.56%	0.29%
	AMGN	F	0.13%	0.49%	0.13%
	AMP	A	0.02%	0.17%	0.02%
	APH	A	0.14%	0.17%	0.14%
	APO	B	0.08%	0.2%	0.08%
	AVY	F	0.04%	0.02%	0.02%
	AWI	A	0.02%	0.01%	0.01%
	AXP	A	0.39%	0.21%	0.21%
	AZEK	A	0.01%	0.02%	0.01%
	AZO	C	0.02%	0.17%	0.02%
	BA	F	0.31%	0.06%	0.06%
	BFAM	D	0.02%	0.0%	0.0%
	BILL	A	0.03%	0.01%	0.01%
	BKNG	A	0.04%	0.54%	0.04%
	BLD	D	0.04%	0.0%	0.0%
	BLDR	D	0.07%	0.01%	0.01%
	BPOP	C	0.02%	0.0%	0.0%
	BR	A	0.01%	0.08%	0.01%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	B	0.06%	0.04%	0.04%
	BROS	A	0.01%	0.01%	0.01%
	BWXT	B	0.04%	0.01%	0.01%
	CACC	D	0.0%	0.01%	0.0%
	CAH	B	0.05%	0.06%	0.05%
	CAR	C	0.0%	0.0%	0.0%
	CASY	A	0.05%	0.01%	0.01%
	CAT	B	0.63%	0.09%	0.09%
	CC	C	0.01%	0.0%	0.0%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	C	0.23%	0.05%	0.05%
	CGNX	D	0.03%	0.0%	0.0%
	CHE	D	0.03%	0.0%	0.0%
	CI	D	0.32%	0.03%	0.03%
	CIVI	D	0.01%	0.0%	0.0%
	CL	D	0.13%	0.15%	0.13%
	CLF	F	0.01%	0.01%	0.01%
	CNM	D	0.01%	0.02%	0.01%
	COIN	C	0.04%	0.11%	0.04%
	CPRT	B	0.01%	0.15%	0.01%
	CRM	B	0.18%	0.84%	0.18%
	CROX	D	0.02%	0.0%	0.0%
	CSL	C	0.07%	0.01%	0.01%
	CTAS	B	0.01%	0.25%	0.01%
	CVNA	B	0.06%	0.03%	0.03%
	DASH	B	0.03%	0.17%	0.03%
	DAY	B	0.04%	0.0%	0.0%
	DBX	B	0.02%	0.01%	0.01%
	DELL	B	0.12%	0.02%	0.02%
	DJT	C	0.0%	0.0%	0.0%
	DKS	D	0.04%	0.0%	0.0%
	DOCS	C	0.02%	0.0%	0.0%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.04%	0.04%
	DV	C	0.0%	0.01%	0.0%
	ECL	D	0.03%	0.19%	0.03%
	EFX	F	0.09%	0.02%	0.02%
	EG	C	0.05%	0.01%	0.01%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.31%	0.05%	0.05%
	EME	A	0.05%	0.03%	0.03%
	EPAM	B	0.05%	0.0%	0.0%
	EQIX	A	0.31%	0.02%	0.02%
	EQT	B	0.09%	0.0%	0.0%
	ETSY	D	0.01%	0.01%	0.01%
	EW	C	0.13%	0.03%	0.03%
	EXAS	D	0.02%	0.02%	0.02%
	EXEL	B	0.01%	0.03%	0.01%
	EXP	B	0.01%	0.03%	0.01%
	EXPD	C	0.06%	0.01%	0.01%
	FAST	B	0.03%	0.14%	0.03%
	FDS	B	0.05%	0.02%	0.02%
	FI	A	0.32%	0.13%	0.13%
	FICO	B	0.03%	0.15%	0.03%
	FIVE	F	0.0%	0.01%	0.0%
	FND	D	0.03%	0.01%	0.01%
	FRPT	A	0.02%	0.01%	0.01%
	FTNT	C	0.04%	0.15%	0.04%
	FTRE	D	0.01%	0.0%	0.0%
	GE	D	0.59%	0.15%	0.15%
	GEHC	D	0.13%	0.01%	0.01%
	GLOB	B	0.01%	0.02%	0.01%
	GNRC	C	0.02%	0.02%	0.02%
	GS	A	0.53%	0.16%	0.16%
	GWRE	A	0.03%	0.03%	0.03%
	GWW	B	0.03%	0.15%	0.03%
	H	B	0.02%	0.0%	0.0%
	HAS	D	0.0%	0.03%	0.0%
	HCA	F	0.19%	0.06%	0.06%
	HCP	B	0.0%	0.01%	0.0%
	HD	B	0.32%	1.13%	0.32%
	HES	B	0.06%	0.09%	0.06%
	HLI	A	0.03%	0.0%	0.0%
	HLT	A	0.12%	0.11%	0.11%
	HON	C	0.49%	0.08%	0.08%
	HPQ	B	0.11%	0.03%	0.03%
	HRB	D	0.03%	0.01%	0.01%
	HSY	F	0.08%	0.01%	0.01%
	HWM	A	0.17%	0.01%	0.01%
	INCY	C	0.04%	0.0%	0.0%
	IONS	F	0.0%	0.02%	0.0%
	IQV	F	0.12%	0.02%	0.02%
	IRDM	D	0.01%	0.0%	0.0%
	IRM	C	0.06%	0.07%	0.06%
	ITW	B	0.19%	0.11%	0.11%
	JBL	C	0.05%	0.0%	0.0%
	JEF	A	0.04%	0.01%	0.01%
	JLL	D	0.03%	0.01%	0.01%
	KBR	F	0.03%	0.0%	0.0%
	KKR	A	0.28%	0.1%	0.1%
	KMB	C	0.1%	0.07%	0.07%
	KMX	B	0.04%	0.0%	0.0%
	KO	D	0.4%	0.53%	0.4%
	LAMR	C	0.03%	0.01%	0.01%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.03%	0.01%	0.01%
	LECO	C	0.03%	0.01%	0.01%
	LMT	D	0.3%	0.14%	0.14%
	LNG	A	0.09%	0.08%	0.08%
	LOPE	C	0.01%	0.0%	0.0%
	LPX	B	0.01%	0.02%	0.01%
	LSCC	D	0.0%	0.02%	0.0%
	LW	C	0.03%	0.01%	0.01%
	LYFT	C	0.01%	0.01%	0.01%
	MASI	B	0.01%	0.01%	0.01%
	MCD	D	0.77%	0.05%	0.05%
	MCK	A	0.17%	0.1%	0.1%
	MKL	A	0.06%	0.02%	0.02%
	MKSI	C	0.03%	0.0%	0.0%
	MLM	C	0.13%	0.01%	0.01%
	MMC	B	0.37%	0.05%	0.05%
	MMM	D	0.23%	0.05%	0.05%
	MNST	C	0.03%	0.11%	0.03%
	MOH	F	0.02%	0.04%	0.02%
	MRVL	B	0.27%	0.02%	0.02%
	MS	A	0.57%	0.03%	0.03%
	MSCI	C	0.08%	0.09%	0.08%
	MSGS	A	0.01%	0.0%	0.0%
	MSI	B	0.16%	0.13%	0.13%
	MSTR	B	0.19%	0.01%	0.01%
	MTDR	B	0.02%	0.0%	0.0%
	MTN	C	0.0%	0.02%	0.0%
	NCNO	C	0.0%	0.01%	0.0%
	NKE	F	0.14%	0.21%	0.14%
	NRG	B	0.04%	0.03%	0.03%
	NTAP	C	0.05%	0.04%	0.04%
	NTNX	B	0.05%	0.02%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	OKTA	C	0.02%	0.02%	0.02%
	OLED	F	0.01%	0.02%	0.01%
	ONTO	F	0.02%	0.01%	0.01%
	ORLY	B	0.02%	0.22%	0.02%
	PATH	C	0.0%	0.02%	0.0%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.11%	0.06%	0.06%
	PEP	F	0.18%	0.66%	0.18%
	PFGC	B	0.04%	0.01%	0.01%
	PG	C	1.21%	0.32%	0.32%
	PGR	A	0.09%	0.44%	0.09%
	PLNT	A	0.01%	0.01%	0.01%
	PPC	C	0.01%	0.0%	0.0%
	PR	B	0.03%	0.01%	0.01%
	PSA	C	0.17%	0.03%	0.03%
	PSTG	D	0.01%	0.05%	0.01%
	PTC	B	0.03%	0.05%	0.03%
	PWR	A	0.13%	0.05%	0.05%
	PYCR	B	0.0%	0.0%	0.0%
	QCOM	F	0.04%	0.62%	0.04%
	RCL	A	0.14%	0.06%	0.06%
	REGN	F	0.28%	0.03%	0.03%
	RGEN	D	0.02%	0.0%	0.0%
	RH	C	0.01%	0.0%	0.0%
	RLI	A	0.03%	0.0%	0.0%
	RMD	C	0.1%	0.03%	0.03%
	ROK	C	0.12%	0.01%	0.01%
	ROKU	D	0.03%	0.0%	0.0%
	ROST	D	0.14%	0.04%	0.04%
	RPM	A	0.05%	0.01%	0.01%
	S	B	0.02%	0.0%	0.0%
	SAIA	B	0.02%	0.03%	0.02%
	SAM	C	0.01%	0.0%	0.0%
	SBUX	A	0.1%	0.31%	0.1%
	SCHW	B	0.42%	0.04%	0.04%
	SEE	C	0.02%	0.0%	0.0%
	SHW	B	0.03%	0.28%	0.03%
	SITE	F	0.02%	0.01%	0.01%
	SKX	D	0.03%	0.0%	0.0%
	SN	D	0.02%	0.0%	0.0%
	SOFI	B	0.05%	0.01%	0.01%
	SPG	A	0.17%	0.05%	0.05%
	SPR	D	0.01%	0.0%	0.0%
	SQ	A	0.11%	0.06%	0.06%
	SSD	F	0.03%	0.0%	0.0%
	SYK	B	0.39%	0.14%	0.14%
	SYY	D	0.06%	0.08%	0.06%
	TDG	D	0.21%	0.05%	0.05%
	TER	F	0.01%	0.05%	0.01%
	TJX	A	0.22%	0.28%	0.22%
	TKO	A	0.03%	0.0%	0.0%
	TPG	A	0.02%	0.01%	0.01%
	TRIP	F	0.01%	0.0%	0.0%
	TRU	D	0.07%	0.0%	0.0%
	TT	A	0.24%	0.1%	0.1%
	TTEK	F	0.03%	0.01%	0.01%
	TW	A	0.04%	0.02%	0.02%
	TWLO	A	0.05%	0.01%	0.01%
	TXG	F	0.0%	0.0%	0.0%
	TXN	C	0.63%	0.08%	0.08%
	TYL	B	0.01%	0.08%	0.01%
	U	C	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	ULTA	F	0.01%	0.06%	0.01%
	UNH	B	1.98%	0.13%	0.13%
	UNP	C	0.29%	0.25%	0.25%
	URI	C	0.17%	0.05%	0.05%
	UWMC	D	0.0%	0.0%	0.0%
	VLTO	C	0.05%	0.04%	0.04%
	VMC	B	0.11%	0.03%	0.03%
	VRSN	C	0.06%	0.0%	0.0%
	VRTX	D	0.23%	0.22%	0.22%
	WAT	C	0.03%	0.04%	0.03%
	WEN	D	0.01%	0.01%	0.01%
	WEX	D	0.03%	0.0%	0.0%
	WH	B	0.03%	0.0%	0.0%
	WMS	F	0.02%	0.01%	0.01%
	WSC	F	0.02%	0.01%	0.01%
	WSM	C	0.03%	0.04%	0.03%
	WST	C	0.03%	0.05%	0.03%
	WU	F	0.01%	0.0%	0.0%
	WYNN	C	0.03%	0.0%	0.0%
	XP	F	0.02%	0.0%	0.0%
	YETI	D	0.01%	0.0%	0.0%
	YUM	D	0.09%	0.05%	0.05%
	ZBRA	B	0.06%	0.02%	0.02%
	ZTS	D	0.05%	0.25%	0.05%

GVUS Overweight 591 Positions Relative to VONG

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	JPM	A	2.73%
	XOM	B	2.08%
	JNJ	C	1.44%
	WMT	A	1.42%
	BAC	A	1.23%
	CVX	A	1.08%
	WFC	A	1.01%
	CSCO	B	0.91%
	ACN	B	0.86%
	LIN	C	0.84%
	DIS	B	0.82%
	PM	B	0.78%
	ABT	B	0.78%
	TMO	F	0.76%
	IBM	C	0.73%
	VZ	C	0.68%
	CMCSA	B	0.64%
	T	A	0.63%
	NEE	C	0.61%
	SPGI	C	0.61%
	RTX	D	0.61%
	LOW	C	0.6%
	BLK	B	0.6%
	DHR	F	0.58%
	ETN	A	0.56%
	PFE	F	0.55%
	COP	C	0.51%
	C	A	0.51%
	BSX	A	0.5%
	CB	C	0.45%
	MDT	D	0.44%
	TMUS	B	0.44%
	BMY	B	0.44%
	GILD	C	0.43%
	PLD	F	0.41%
	MU	D	0.41%
	ADI	D	0.4%
	INTC	C	0.4%
	DE	B	0.39%
	UPS	C	0.38%
	MO	A	0.37%
	SO	C	0.37%
	PH	A	0.35%
	GEV	B	0.35%
	MDLZ	F	0.34%
	DUK	C	0.34%
	PYPL	B	0.34%
	ICE	C	0.34%
	CME	B	0.32%
	WELL	A	0.32%
	PNC	B	0.32%
	GD	D	0.31%
	EOG	A	0.3%
	USB	A	0.3%
	AON	A	0.29%
	EMR	B	0.28%
	CSX	C	0.27%
	WMB	A	0.27%
	COF	C	0.27%
	TGT	F	0.27%
	APD	A	0.27%
	FDX	B	0.26%
	CVS	D	0.26%
	NOC	D	0.26%
	GM	C	0.25%
	MAR	A	0.25%
	OKE	A	0.25%
	BDX	F	0.25%
	FCX	F	0.24%
	SLB	C	0.24%
	AFL	B	0.24%
	TFC	A	0.24%
	CARR	C	0.24%
	DLR	B	0.23%
	SRE	A	0.23%
	ROP	B	0.23%
	NSC	B	0.23%
	TRV	B	0.23%
	MPC	D	0.22%
	JCI	B	0.22%
	BK	A	0.22%
	PCAR	B	0.22%
	KMI	A	0.21%
	PSX	C	0.21%
	AEP	C	0.2%
	DHI	F	0.19%
	D	C	0.19%
	O	C	0.19%
	MET	A	0.19%
	AIG	B	0.19%
	FIS	C	0.19%
	CMI	A	0.19%
	PCG	A	0.18%
	CCI	C	0.18%
	KVUE	A	0.18%
	PRU	A	0.18%
	LHX	C	0.18%
	NEM	D	0.18%
	RSG	A	0.17%
	BKR	A	0.17%
	EA	A	0.17%
	F	C	0.17%
	DFS	B	0.17%
	PEG	A	0.17%
	AME	A	0.17%
	VLO	C	0.17%
	CBRE	B	0.16%
	OTIS	C	0.16%
	LEN	D	0.16%
	DAL	B	0.16%
	IR	B	0.16%
	STZ	D	0.15%
	CTSH	B	0.15%
	KR	B	0.15%
	CTVA	C	0.15%
	XEL	A	0.15%
	EXC	C	0.15%
	GIS	D	0.14%
	NUE	C	0.14%
	KDP	F	0.14%
	GLW	B	0.14%
	MTB	A	0.14%
	ACGL	C	0.14%
	CHTR	C	0.14%
	A	D	0.14%
	NDAQ	A	0.13%
	AVB	B	0.13%
	VICI	C	0.13%
	FANG	C	0.13%
	HUM	C	0.13%
	MCHP	F	0.13%
	OXY	D	0.13%
	ED	C	0.13%
	DD	C	0.13%
	WAB	B	0.13%
	EXR	C	0.13%
	HIG	B	0.13%
	TTWO	A	0.12%
	UAL	A	0.12%
	CNC	D	0.12%
	RJF	A	0.12%
	WEC	A	0.12%
	DOW	F	0.12%
	EBAY	D	0.12%
	ETR	B	0.12%
	GRMN	B	0.12%
	EIX	B	0.12%
	FITB	B	0.12%
	WTW	B	0.12%
	HPE	B	0.11%
	DOV	A	0.11%
	KHC	F	0.11%
	EQR	C	0.11%
	ON	D	0.11%
	PPG	F	0.11%
	STT	B	0.11%
	CSGP	D	0.11%
	ANSS	B	0.11%
	XYL	D	0.11%
	GPN	B	0.11%
	DTE	C	0.1%
	MTD	F	0.1%
	PPL	A	0.1%
	ADM	D	0.1%
	NVR	D	0.1%
	HBAN	A	0.1%
	SYF	B	0.1%
	VTR	B	0.1%
	KEYS	A	0.1%
	TROW	B	0.1%
	AWK	C	0.1%
	HAL	C	0.1%
	FTV	C	0.1%
	PHM	D	0.1%
	CHD	A	0.1%
	SW	A	0.1%
	FCNCA	A	0.1%
	IFF	D	0.09%
	WBD	B	0.09%
	WY	F	0.09%
	ZBH	C	0.09%
	CINF	A	0.09%
	BIIB	F	0.09%
	HUBB	B	0.09%
	SBAC	D	0.09%
	FE	C	0.09%
	RF	A	0.09%
	DVN	F	0.09%
	CCL	A	0.09%
	AEE	A	0.09%
	ESS	B	0.08%
	LUV	C	0.08%
	CNP	A	0.08%
	LH	B	0.08%
	PFG	D	0.08%
	BBY	D	0.08%
	IP	A	0.08%
	CMS	C	0.08%
	FSLR	F	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	STLD	B	0.08%
	PKG	A	0.08%
	K	A	0.08%
	CBOE	C	0.08%
	ZM	C	0.08%
	CFG	B	0.08%
	NTRS	A	0.08%
	HOOD	B	0.08%
	LYB	F	0.08%
	ILMN	C	0.08%
	TDY	B	0.08%
	LDOS	C	0.08%
	STE	D	0.08%
	ES	C	0.08%
	ATO	A	0.08%
	OC	A	0.07%
	RBA	A	0.07%
	GPC	D	0.07%
	TRMB	B	0.07%
	MAS	D	0.07%
	IEX	C	0.07%
	J	D	0.07%
	PNR	A	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%
	HOLX	D	0.07%
	ARE	F	0.07%
	MAA	B	0.07%
	SNA	A	0.07%
	MKC	C	0.07%
	BALL	F	0.07%
	IBKR	A	0.07%
	OMC	C	0.07%
	CTRA	B	0.07%
	EVRG	A	0.06%
	EWBC	A	0.06%
	APTV	F	0.06%
	NDSN	B	0.06%
	ACM	B	0.06%
	UDR	B	0.06%
	JBHT	C	0.06%
	AMCR	C	0.06%
	THC	D	0.06%
	DOC	C	0.06%
	USFD	A	0.06%
	GGG	B	0.06%
	L	A	0.06%
	RGA	A	0.06%
	VTRS	A	0.06%
	SUI	C	0.06%
	LNT	A	0.06%
	SSNC	B	0.06%
	FNF	B	0.06%
	TXT	D	0.06%
	TOL	B	0.06%
	CF	A	0.06%
	UTHR	C	0.06%
	MRO	B	0.06%
	GEN	B	0.06%
	BAX	F	0.06%
	KIM	A	0.06%
	NI	A	0.06%
	DG	F	0.06%
	Z	A	0.05%
	UHS	D	0.05%
	JNPR	D	0.05%
	OVV	B	0.05%
	EMN	C	0.05%
	MRNA	F	0.05%
	BMRN	F	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	FTI	A	0.05%
	ALB	B	0.05%
	HST	C	0.05%
	ALLE	C	0.05%
	WPC	C	0.05%
	CLH	C	0.05%
	CPT	B	0.05%
	BXP	C	0.05%
	ITT	A	0.05%
	JKHY	D	0.05%
	CHRW	B	0.05%
	AMH	C	0.05%
	CAG	F	0.05%
	BG	D	0.05%
	AFRM	A	0.05%
	COHR	B	0.05%
	GLPI	C	0.05%
	SWK	D	0.05%
	TPR	B	0.05%
	AKAM	D	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	SWKS	F	0.05%
	RVTY	F	0.05%
	UNM	A	0.05%
	RNR	C	0.05%
	REG	A	0.05%
	CW	C	0.05%
	FFIV	B	0.05%
	AVTR	F	0.05%
	TFX	F	0.04%
	WCC	B	0.04%
	GMED	A	0.04%
	QGEN	D	0.04%
	CMA	B	0.04%
	REXR	F	0.04%
	DCI	B	0.04%
	FBIN	D	0.04%
	RGLD	C	0.04%
	FRT	B	0.04%
	SOLV	D	0.04%
	INGR	C	0.04%
	BRBR	A	0.04%
	PNFP	B	0.04%
	ORI	A	0.04%
	AYI	B	0.04%
	CNH	C	0.04%
	GL	C	0.04%
	CIEN	C	0.04%
	DOX	D	0.04%
	MKTX	D	0.04%
	WAL	B	0.04%
	WTRG	B	0.04%
	CRL	D	0.04%
	EHC	B	0.04%
	DTM	A	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%
	WWD	C	0.04%
	LKQ	F	0.04%
	IPG	D	0.04%
	WBS	A	0.04%
	PNW	A	0.04%
	ALSN	B	0.04%
	PRI	B	0.04%
	CACI	D	0.04%
	FOXA	A	0.04%
	TECH	F	0.04%
	CCK	D	0.04%
	CTLT	C	0.04%
	EVR	B	0.04%
	CUBE	C	0.04%
	NWSA	A	0.04%
	TAP	C	0.04%
	AA	A	0.04%
	SJM	D	0.04%
	CG	B	0.04%
	ATR	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	SF	B	0.04%
	AIZ	A	0.04%
	BJ	A	0.04%
	COLB	B	0.03%
	IVZ	B	0.03%
	FAF	A	0.03%
	LSTR	D	0.03%
	STAG	D	0.03%
	AGNC	C	0.03%
	MTG	C	0.03%
	VMI	B	0.03%
	ALK	B	0.03%
	AXS	A	0.03%
	DAR	C	0.03%
	DINO	D	0.03%
	FMC	D	0.03%
	MTSI	B	0.03%
	FCN	F	0.03%
	ELAN	D	0.03%
	GXO	B	0.03%
	ATI	C	0.03%
	FR	D	0.03%
	GNTX	C	0.03%
	COKE	C	0.03%
	ESAB	C	0.03%
	VNO	C	0.03%
	VFC	C	0.03%
	BBWI	C	0.03%
	R	B	0.03%
	OSK	C	0.03%
	MIDD	C	0.03%
	PB	B	0.03%
	JAZZ	B	0.03%
	KEX	B	0.03%
	MHK	D	0.03%
	RHI	C	0.03%
	ADC	A	0.03%
	HII	F	0.03%
	NNN	C	0.03%
	BERY	C	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	B	0.03%
	APG	B	0.03%
	RL	C	0.03%
	WTFC	A	0.03%
	APA	D	0.03%
	SEIC	B	0.03%
	SNV	C	0.03%
	CFR	B	0.03%
	EGP	D	0.03%
	VOYA	B	0.03%
	CPB	D	0.03%
	NYT	D	0.03%
	MOS	F	0.03%
	TTC	C	0.03%
	CR	A	0.03%
	HRL	D	0.03%
	MTZ	B	0.03%
	CBSH	B	0.03%
	OGE	A	0.03%
	FYBR	C	0.03%
	GPK	C	0.03%
	ZION	B	0.03%
	BRX	A	0.03%
	AOS	F	0.03%
	MGM	D	0.03%
	SNX	D	0.03%
	KNX	C	0.03%
	HSIC	C	0.03%
	AR	B	0.03%
	RBC	A	0.03%
	AXTA	B	0.03%
	OGN	F	0.02%
	NWL	C	0.02%
	WTM	A	0.02%
	HOG	D	0.02%
	FLO	D	0.02%
	DLB	B	0.02%
	AN	C	0.02%
	M	F	0.02%
	GTES	A	0.02%
	WLK	D	0.02%
	KMPR	A	0.02%
	GAP	C	0.02%
	EEFT	B	0.02%
	RYN	D	0.02%
	SLGN	A	0.02%
	PSN	D	0.02%
	KRC	B	0.02%
	CUZ	B	0.02%
	ST	F	0.02%
	ROIV	C	0.02%
	AVT	C	0.02%
	AGO	B	0.02%
	SON	F	0.02%
	HXL	F	0.02%
	OLN	F	0.02%
	BYD	B	0.02%
	TKR	D	0.02%
	AL	B	0.02%
	UGI	C	0.02%
	OZK	B	0.02%
	POST	C	0.02%
	BC	C	0.02%
	SLM	A	0.02%
	LFUS	D	0.02%
	LEA	F	0.02%
	LITE	B	0.02%
	CRUS	D	0.02%
	NFG	A	0.02%
	OLLI	D	0.02%
	FOX	A	0.02%
	THO	B	0.02%
	JHG	B	0.02%
	IDA	A	0.02%
	AGCO	D	0.02%
	THG	A	0.02%
	PVH	C	0.02%
	FNB	A	0.02%
	VNT	C	0.02%
	STWD	C	0.02%
	WHR	B	0.02%
	AMG	B	0.02%
	WBA	F	0.02%
	BIO	C	0.02%
	ARW	D	0.02%
	COLD	D	0.02%
	BEN	C	0.02%
	ESI	B	0.02%
	LNC	C	0.02%
	NOV	C	0.02%
	SIRI	C	0.02%
	OMF	A	0.02%
	QRVO	F	0.02%
	KD	B	0.02%
	SAIC	F	0.02%
	MSA	F	0.02%
	MAT	D	0.02%
	PARA	C	0.02%
	DDS	B	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	QS	F	0.01%
	LEG	F	0.01%
	CNXC	F	0.01%
	UA	C	0.01%
	LCID	F	0.01%
	CLVT	D	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	F	0.01%
	GO	C	0.01%
	KSS	F	0.01%
	MP	C	0.01%
	IPGP	D	0.01%
	UAA	C	0.01%
	RCM	A	0.01%
	AAP	D	0.01%
	AZTA	D	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	HHH	B	0.01%
	CPRI	F	0.01%
	CWEN	C	0.01%
	JWN	D	0.01%
	HAYW	B	0.01%
	ENOV	C	0.01%
	BOKF	B	0.01%
	MPW	F	0.01%
	SPB	C	0.01%
	AGR	A	0.01%
	CXT	C	0.01%
	COTY	F	0.01%
	COLM	C	0.01%
	VIRT	A	0.01%
	AMKR	D	0.01%
	AMED	F	0.01%
	MAN	F	0.01%
	PAG	B	0.01%
	PK	C	0.01%
	PENN	C	0.01%
	NSA	C	0.01%
	SMG	C	0.01%
	VAC	C	0.01%
	ZI	D	0.01%
	HUN	F	0.01%
	ZG	A	0.01%
	EPR	C	0.01%
	BHF	C	0.01%
	ACHC	F	0.01%
	ASH	F	0.01%
	FHB	B	0.01%
	IAC	F	0.01%
	PII	F	0.01%
	HIW	C	0.01%
	NVST	B	0.01%
	W	D	0.01%
	NWS	A	0.01%
	NEU	D	0.01%
	PRGO	C	0.01%
	GFS	C	0.01%
	TNL	A	0.01%
	MSM	C	0.01%
	MDU	D	0.01%
	DNB	B	0.01%
	DXC	B	0.01%
	XRAY	F	0.01%
	SEG	B	0.0%
	SEB	F	0.0%
	WOLF	F	0.0%
	CERT	F	0.0%
	TFSL	A	0.0%
	CNA	C	0.0%
	INFA	D	0.0%
	CWEN	C	0.0%

GVUS Underweight 140 Positions Relative to VONG

	Symbol	Grade	Weight
	AAPL	C	-11.94%
	NVDA	B	-11.3%
	MSFT	D	-10.99%
	AMZN	C	-6.3%
	META	D	-4.52%
	GOOGL	C	-3.66%
	GOOG	C	-3.09%
	AVGO	D	-2.81%
	TSLA	B	-2.52%
	LLY	F	-2.42%
	V	A	-1.66%
	MA	B	-1.5%
	COST	A	-1.41%
	NFLX	A	-1.18%
	ORCL	A	-0.96%
	MRK	D	-0.94%
	ADBE	C	-0.77%
	NOW	A	-0.7%
	ISRG	A	-0.65%
	INTU	B	-0.61%
	UBER	F	-0.53%
	BX	A	-0.43%
	PANW	B	-0.4%
	ANET	C	-0.36%
	AMT	C	-0.36%
	LRCX	F	-0.35%
	KLAC	F	-0.33%
	WM	B	-0.31%
	PLTR	B	-0.3%
	CMG	B	-0.28%
	SNPS	B	-0.28%
	CDNS	B	-0.27%
	MCO	B	-0.26%
	CRWD	B	-0.24%
	ADSK	A	-0.22%
	SPOT	B	-0.21%
	ABNB	C	-0.21%
	TTD	B	-0.19%
	WDAY	B	-0.18%
	NU	C	-0.17%
	VST	A	-0.16%
	APP	B	-0.16%
	DDOG	A	-0.14%
	IT	C	-0.14%
	COR	B	-0.14%
	VRT	B	-0.14%
	VRSK	A	-0.14%
	ODFL	C	-0.14%
	MPWR	F	-0.13%
	LULU	C	-0.13%
	SNOW	B	-0.13%
	TRGP	A	-0.13%
	IDXX	F	-0.12%
	TEAM	A	-0.11%
	CPNG	D	-0.11%
	AXON	A	-0.11%
	ARES	A	-0.11%
	VEEV	C	-0.11%
	NET	B	-0.1%
	RBLX	C	-0.1%
	HUBS	A	-0.1%
	DXCM	C	-0.1%
	TSCO	D	-0.1%
	GDDY	A	-0.09%
	DECK	A	-0.09%
	LPLA	A	-0.08%
	TPL	A	-0.08%
	CPAY	A	-0.08%
	BAH	F	-0.08%
	LVS	B	-0.07%
	LYV	A	-0.07%
	MDB	B	-0.07%
	PINS	F	-0.07%
	LII	A	-0.07%
	CLX	A	-0.07%
	EXPE	B	-0.07%
	HEI	A	-0.06%
	BURL	B	-0.06%
	ENTG	D	-0.06%
	DT	D	-0.06%
	DKNG	B	-0.06%
	MANH	D	-0.06%
	PODD	C	-0.06%
	ZS	B	-0.06%
	TXRH	B	-0.05%
	ROL	B	-0.05%
	TOST	B	-0.05%
	POOL	C	-0.05%
	NTRA	A	-0.05%
	FIX	A	-0.05%
	DOCU	B	-0.05%
	SMCI	F	-0.05%
	EQH	C	-0.05%
	XPO	B	-0.05%
	CHDN	B	-0.04%
	DUOL	A	-0.04%
	HEI	A	-0.04%
	NCLH	B	-0.04%
	ENPH	F	-0.04%
	OWL	A	-0.04%
	SRPT	F	-0.04%
	NBIX	C	-0.04%
	PCOR	B	-0.03%
	DVA	C	-0.03%
	SMAR	B	-0.03%
	VKTX	F	-0.03%
	TREX	C	-0.03%
	AAON	B	-0.03%
	MEDP	D	-0.03%
	TPX	B	-0.03%
	PCTY	C	-0.03%
	PEN	B	-0.03%
	WING	D	-0.03%
	LNW	F	-0.03%
	ITCI	C	-0.03%
	MORN	B	-0.03%
	MUSA	B	-0.03%
	KNSL	B	-0.03%
	SCCO	F	-0.03%
	RARE	F	-0.02%
	APPF	B	-0.02%
	VVV	D	-0.02%
	CELH	F	-0.02%
	FOUR	A	-0.02%
	ELF	C	-0.02%
	WFRD	D	-0.02%
	INSP	D	-0.02%
	GTLB	B	-0.02%
	CFLT	B	-0.02%
	ESTC	C	-0.02%
	RYAN	A	-0.02%
	BSY	F	-0.02%
	FIVN	C	-0.01%
	APLS	F	-0.01%
	RNG	C	-0.01%
	TDC	D	-0.01%
	CHH	A	-0.01%
	PEGA	B	-0.01%
	NFE	D	-0.0%
	UI	B	-0.0%

GVUS: Top Represented Industries & Keywords

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

VONG: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Business Services Specialty Retail Capital Markets Restaurants Building Materials Asset Management Diagnostics & Research Semiconductor Equipment & Materials Semiconductors Aerospace & Defense Diversified Industrials Internet Content & Information Leisure Credit Services Household & Personal Products Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Dow Jones Component Medicine Software Insurance Software As A Service Work From Home Cloud Infrastructure Electronics Mobile Devices Semiconductor Natural Gas Operating System Telecommunications Integrated Circuits Payment Systems