VLU vs. NZAC ETF Comparison

Comparison of SPDR S&P 1500 Value Tilt ETF (VLU) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)
VLU

SPDR S&P 1500 Value Tilt ETF

VLU Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Low Valuation Tilt Index (the "index"). The fund employs a sampling strategy in seeking to track the index. It generally invests substantially all, but at least 80%, of its total assets in the securities. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively low valuations are overweight relative to the S&P Composite 1500 Index and stocks with relatively high valuations are underweight. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$174.66

Average Daily Volume

6,754

Number of Holdings *

1436

* may have additional holdings in another (foreign) market
NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$34.40

Average Daily Volume

5,808

Number of Holdings *

354

* may have additional holdings in another (foreign) market
Performance
Period VLU NZAC
30 Days 5.00% 6.73%
60 Days 3.09% 2.96%
90 Days 6.35% 5.55%
12 Months 25.55% 21.39%
297 Overlapping Holdings
Symbol Grade Weight in VLU Weight in NZAC Overlap
A B 0.04% 0.07% 0.04%
AAPL C 2.06% 4.24% 2.06%
ABBV D 0.4% 0.35% 0.35%
ABBV D 0.4% 0.88% 0.4%
ABNB D 0.08% 0.06% 0.06%
ABT F 0.25% 0.19% 0.19%
ACGL A 0.13% 0.13% 0.13%
ACM D 0.03% 0.33% 0.03%
ACN F 0.3% 0.37% 0.3%
ADBE F 0.18% 0.37% 0.18%
ADI B 0.13% 0.56% 0.13%
ADP B 0.08% 0.18% 0.08%
ADSK F 0.03% 0.07% 0.03%
AFG B 0.08% 0.07% 0.07%
AFL A 0.19% 0.23% 0.19%
AIG A 0.31% 0.16% 0.16%
AIZ D 0.04% 0.08% 0.04%
AJG A 0.05% 0.07% 0.05%
ALB D 0.06% 0.02% 0.02%
ALGN F 0.03% 0.03% 0.03%
ALL C 0.15% 0.13% 0.13%
ALLE D 0.01% 0.09% 0.01%
ALLY B 0.1% 0.02% 0.02%
AMAT B 0.14% 0.15% 0.14%
AMD D 0.15% 0.27% 0.15%
AME D 0.04% 0.16% 0.04%
AMGN B 0.28% 0.24% 0.24%
AMP B 0.1% 0.13% 0.1%
AMT C 0.13% 0.11% 0.11%
AMZN C 2.04% 2.34% 2.04%
ANSS D 0.02% 0.02% 0.02%
AON F 0.05% 0.09% 0.05%
APH B 0.06% 0.11% 0.06%
AVB B 0.07% 0.11% 0.07%
AVGO B 0.35% 0.98% 0.35%
AXON D 0.01% 0.03% 0.01%
AXP A 0.33% 0.32% 0.32%
AZO D 0.07% 0.1% 0.07%
BAC B 1.43% 0.38% 0.38%
BAX F 0.06% 0.03% 0.03%
BBWI B 0.03% 0.01% 0.01%
BDX F 0.1% 0.12% 0.1%
BIIB D 0.11% 0.05% 0.05%
BIO F 0.02% 0.01% 0.01%
BK A 0.24% 0.1% 0.1%
BKNG C 0.1% 0.19% 0.1%
BLK B 0.18% 0.22% 0.18%
BMY F 0.31% 0.2% 0.2%
BR C 0.02% 0.08% 0.02%
BRK.A B 2.3% 0.34% 0.34%
BRO A 0.03% 0.05% 0.03%
BSX A 0.1% 0.27% 0.1%
BURL D 0.02% 0.02% 0.02%
BX C 0.1% 0.14% 0.1%
BXP C 0.05% 0.05% 0.05%
CARR B 0.08% 0.03% 0.03%
CB A 0.35% 0.22% 0.22%
CBOE C 0.03% 0.03% 0.03%
CBRE C 0.06% 0.13% 0.06%
CCI D 0.1% 0.07% 0.07%
CDW D 0.04% 0.18% 0.04%
CG D 0.02% 0.01% 0.01%
CHD B 0.03% 0.07% 0.03%
CHTR F 0.26% 0.06% 0.06%
CINF C 0.06% 0.06% 0.06%
CLX F 0.03% 0.01% 0.01%
CMCSA F 0.64% 0.25% 0.25%
CME C 0.11% 0.13% 0.11%
CMG B 0.05% 0.06% 0.05%
COF C 0.52% 0.11% 0.11%
CPRT D 0.04% 0.04% 0.04%
CRM D 0.26% 0.39% 0.26%
CSCO F 0.47% 0.36% 0.36%
CSGP D 0.03% 0.03% 0.03%
CTAS B 0.04% 0.03% 0.03%
CTLT D 0.01% 0.02% 0.01%
CTSH F 0.1% 0.07% 0.07%
CZR F 0.03% 0.01% 0.01%
DAR D 0.03% 0.19% 0.03%
DE D 0.25% 0.16% 0.16%
DFS C 0.13% 0.07% 0.07%
DGX A 0.05% 0.02% 0.02%
DHI D 0.11% 0.06% 0.06%
DHR A 0.13% 0.22% 0.13%
DIS D 0.32% 0.29% 0.29%
DLR C 0.03% 0.33% 0.03%
DLTR F 0.08% 0.05% 0.05%
DXCM D 0.02% 0.07% 0.02%
EA F 0.04% 0.01% 0.01%
EBAY C 0.08% 0.12% 0.08%
EFX D 0.02% 0.03% 0.02%
EG C 0.09% 0.03% 0.03%
EIX A 0.1% 0.77% 0.1%
EL F 0.07% 0.07% 0.07%
ELV A 0.43% 0.25% 0.25%
ENPH D 0.01% 0.16% 0.01%
EPAM F 0.02% 0.01% 0.01%
EQH A 0.07% 0.09% 0.07%
EQIX D 0.06% 0.27% 0.06%
EQR B 0.08% 0.07% 0.07%
ERIE C 0.02% 0.03% 0.02%
ESS B 0.04% 0.09% 0.04%
ETN C 0.13% 0.28% 0.13%
ETSY F 0.01% 0.02% 0.01%
EW D 0.05% 0.15% 0.05%
EXR C 0.04% 0.04% 0.04%
FAST D 0.04% 0.15% 0.04%
FDS C 0.01% 0.01% 0.01%
FFIV D 0.02% 0.14% 0.02%
FIS A 0.11% 0.06% 0.06%
FMC C 0.03% 0.01% 0.01%
FOX C 0.04% 0.03% 0.03%
FOXA C 0.08% 0.03% 0.03%
FSLR C 0.03% 0.3% 0.03%
FTNT D 0.03% 0.06% 0.03%
FTV D 0.04% 0.11% 0.04%
GDDY B 0.02% 0.02% 0.02%
GILD F 0.28% 0.05% 0.05%
GL F 0.03% 0.03% 0.03%
GLW A 0.08% 0.15% 0.08%
GOOG A 1.29% 1.75% 1.29%
GOOGL A 0.79% 1.09% 0.79%
GPN F 0.07% 0.05% 0.05%
GRMN A 0.06% 0.07% 0.06%
GS A 0.5% 0.05% 0.05%
GWW D 0.05% 0.18% 0.05%
HAS C 0.03% 0.02% 0.02%
HBAN B 0.11% 0.02% 0.02%
HD D 0.48% 0.52% 0.48%
HIG A 0.12% 0.11% 0.11%
HLT D 0.02% 0.02% 0.02%
HOLX D 0.03% 0.05% 0.03%
HPE C 0.21% 0.14% 0.14%
HSIC C 0.03% 0.06% 0.03%
HSY C 0.07% 0.04% 0.04%
HUM D 0.22% 0.08% 0.08%
IBM D 0.38% 0.53% 0.38%
ICE B 0.1% 0.12% 0.1%
IDXX C 0.02% 0.08% 0.02%
IEX D 0.02% 0.05% 0.02%
ILMN F 0.02% 0.03% 0.02%
INCY D 0.02% 0.01% 0.01%
INTC F 0.44% 0.24% 0.24%
INTU B 0.06% 0.31% 0.06%
IPG D 0.04% 0.02% 0.02%
IQV D 0.06% 0.13% 0.06%
IRM B 0.03% 0.04% 0.03%
ISRG B 0.08% 0.24% 0.08%
IT D 0.03% 0.03% 0.03%
ITW D 0.09% 0.33% 0.09%
JAZZ F 0.02% 0.03% 0.02%
JKHY C 0.01% 0.01% 0.01%
JNJ D 0.84% 0.64% 0.64%
JNPR D 0.02% 0.14% 0.02%
JPM A 1.37% 0.93% 0.93%
KDP C 0.12% 0.07% 0.07%
KEYS C 0.04% 0.07% 0.04%
KLAC B 0.06% 0.19% 0.06%
LEN B 0.14% 0.06% 0.06%
LH D 0.05% 0.02% 0.02%
LHX A 0.1% 0.11% 0.1%
LKQ F 0.04% 0.04% 0.04%
LLY B 0.21% 1.22% 0.21%
LOW D 0.22% 0.23% 0.22%
LRCX D 0.1% 0.14% 0.1%
LULU F 0.04% 0.1% 0.04%
LYV D 0.03% 0.04% 0.03%
MA D 0.13% 0.61% 0.13%
MAR D 0.09% 0.02% 0.02%
MAS D 0.03% 0.01% 0.01%
MCD F 0.15% 0.36% 0.15%
MCO A 0.04% 0.2% 0.04%
MDT B 0.34% 0.23% 0.23%
MET A 0.42% 0.2% 0.2%
META D 1.59% 1.57% 1.57%
MKTX D 0.01% 0.01% 0.01%
MMC A 0.12% 0.2% 0.12%
MMM A 0.22% 0.02% 0.02%
MNST F 0.06% 0.03% 0.03%
MOH F 0.05% 0.02% 0.02%
MRK B 0.44% 0.68% 0.44%
MRNA C 0.06% 0.05% 0.05%
MS B 0.5% 0.2% 0.2%
MSFT B 1.54% 4.36% 1.54%
MSI A 0.04% 0.21% 0.04%
MTB B 0.14% 0.07% 0.07%
MTCH F 0.01% 0.01% 0.01%
MTD B 0.02% 0.07% 0.02%
MU B 0.18% 0.08% 0.08%
NBIX B 0.01% 0.02% 0.01%
NDAQ B 0.05% 0.03% 0.03%
NEM B 0.15% 0.09% 0.09%
NFLX B 0.16% 0.39% 0.16%
NKE F 0.16% 0.15% 0.15%
NOW C 0.05% 0.3% 0.05%
NTAP B 0.04% 0.06% 0.04%
NTRS C 0.07% 0.04% 0.04%
NVDA C 0.26% 3.46% 0.26%
NVR D 0.05% 0.03% 0.03%
NXPI B 0.09% 0.01% 0.01%
O C 0.11% 0.07% 0.07%
ODFL F 0.03% 0.02% 0.02%
OMC B 0.07% 0.03% 0.03%
ORCL C 0.31% 0.46% 0.31%
ORLY D 0.07% 0.17% 0.07%
PANW C 0.06% 0.12% 0.06%
PAYC F 0.0% 0.01% 0.0%
PAYX B 0.05% 0.07% 0.05%
PCAR D 0.13% 0.14% 0.13%
PFE D 0.88% 0.23% 0.23%
PGR C 0.17% 0.2% 0.17%
PH D 0.08% 0.22% 0.08%
PHM B 0.06% 0.04% 0.04%
PLD F 0.14% 0.21% 0.14%
PNC B 0.34% 0.15% 0.15%
PNR B 0.02% 0.2% 0.02%
PODD C 0.0% 0.02% 0.0%
POOL D 0.01% 0.03% 0.01%
PPG F 0.07% 0.12% 0.07%
PRU A 0.4% 0.14% 0.14%
PSA C 0.06% 0.09% 0.06%
PWR C 0.04% 0.22% 0.04%
PYPL D 0.16% 0.1% 0.1%
QCOM B 0.27% 0.32% 0.27%
REG C 0.03% 0.07% 0.03%
REGN B 0.14% 0.14% 0.14%
RF B 0.1% 0.06% 0.06%
RHI F 0.02% 0.01% 0.01%
RJF B 0.06% 0.03% 0.03%
RMD B 0.02% 0.07% 0.02%
ROK F 0.04% 0.09% 0.04%
ROL C 0.01% 0.02% 0.01%
ROP C 0.05% 0.02% 0.02%
ROST D 0.06% 0.09% 0.06%
RS D 0.05% 0.09% 0.05%
SBAC F 0.02% 0.03% 0.02%
SBUX F 0.12% 0.12% 0.12%
SCHW B 0.28% 0.19% 0.19%
SEIC D 0.02% 0.02% 0.02%
SHW D 0.06% 0.69% 0.06%
SNA D 0.03% 0.02% 0.02%
SOLV F 0.01% 0.0% 0.0%
SPG C 0.06% 0.13% 0.06%
SPGI B 0.11% 0.35% 0.11%
STE C 0.02% 0.03% 0.02%
STLD D 0.08% 0.01% 0.01%
STT B 0.12% 0.02% 0.02%
STZ D 0.06% 0.04% 0.04%
SWKS F 0.05% 0.01% 0.01%
SYF C 0.18% 0.07% 0.07%
SYK D 0.09% 0.23% 0.09%
TDG C 0.02% 0.15% 0.02%
TDY D 0.03% 0.1% 0.03%
TECH C 0.01% 0.01% 0.01%
TEL B 0.1% 0.11% 0.1%
TER B 0.02% 0.04% 0.02%
TFX D 0.01% 0.02% 0.01%
TJX B 0.15% 0.32% 0.15%
TMO B 0.18% 0.38% 0.18%
TMUS B 0.35% 0.1% 0.1%
TRMB D 0.02% 0.06% 0.02%
TROW D 0.08% 0.05% 0.05%
TRV D 0.17% 0.14% 0.14%
TSLA D 0.38% 0.77% 0.38%
TT B 0.07% 0.02% 0.02%
TXN B 0.24% 0.26% 0.24%
UBER D 0.08% 0.16% 0.08%
ULTA F 0.03% 0.06% 0.03%
UNH C 1.09% 0.71% 0.71%
UNP C 0.25% 0.24% 0.24%
UPS D 0.44% 0.08% 0.08%
URI C 0.06% 0.04% 0.04%
USB D 0.36% 0.11% 0.11%
V B 0.42% 0.72% 0.42%
VICI C 0.09% 0.03% 0.03%
VLTO B 0.02% 0.03% 0.02%
VMC D 0.03% 0.02% 0.02%
VRSK A 0.01% 0.04% 0.01%
VRSN F 0.02% 0.01% 0.01%
VRTX B 0.1% 0.14% 0.1%
VTR B 0.07% 0.04% 0.04%
WAB A 0.04% 0.08% 0.04%
WAT B 0.02% 0.02% 0.02%
WELL B 0.09% 0.12% 0.09%
WFC C 1.21% 0.13% 0.13%
WMT A 1.42% 0.07% 0.07%
WPC C 0.05% 0.02% 0.02%
WRB D 0.05% 0.07% 0.05%
WST F 0.01% 0.02% 0.01%
WTW D 0.06% 0.06% 0.06%
WYNN D 0.02% 0.01% 0.01%
XRX F 0.01% 0.02% 0.01%
XYL A 0.03% 0.45% 0.03%
YUM B 0.04% 0.08% 0.04%
ZBH D 0.06% 0.05% 0.05%
ZBRA C 0.02% 0.02% 0.02%
ZTS D 0.05% 0.17% 0.05%
VLU Overweight 1140 Positions Relative to NZAC
Symbol Grade Weight
XOM B 2.17%
VZ C 1.58%
CVX B 1.55%
T B 1.16%
C B 1.13%
CVS F 0.66%
MPC D 0.63%
PSX D 0.6%
PG A 0.52%
VLO D 0.51%
TFC B 0.5%
COP D 0.5%
GM B 0.49%
PM B 0.48%
F D 0.45%
RTX B 0.43%
CI D 0.42%
PEP B 0.41%
KO B 0.41%
CNC B 0.39%
MCK A 0.39%
NEE B 0.36%
KMI A 0.35%
KR D 0.35%
DUK A 0.33%
DAL B 0.32%
MO A 0.32%
LMT B 0.31%
ADM D 0.31%
SO A 0.29%
GE C 0.28%
COST B 0.27%
KHC D 0.27%
EOG C 0.26%
FDX D 0.25%
CAT C 0.25%
LYB D 0.25%
TGT D 0.25%
D A 0.24%
HPQ C 0.24%
CAH F 0.23%
DOW B 0.23%
OXY D 0.23%
HON B 0.22%
MDLZ C 0.22%
EXC C 0.21%
GD A 0.21%
LIN D 0.2%
HCA C 0.19%
KVUE C 0.19%
DVN D 0.18%
DD A 0.18%
UAL C 0.17%
SLB F 0.17%
AEP A 0.17%
PFG B 0.17%
BA D 0.17%
NOC C 0.16%
EMR B 0.16%
CFG A 0.16%
TSN B 0.16%
SRE A 0.16%
WBD F 0.16%
BG C 0.15%
WMB A 0.15%
LUV F 0.15%
CCL F 0.14%
JCI B 0.14%
ED B 0.14%
NUE D 0.14%
PEG B 0.13%
XEL D 0.13%
FANG C 0.13%
WRK A 0.13%
APD C 0.13%
SYY D 0.13%
ETR B 0.13%
IP B 0.13%
RGA A 0.13%
BBY D 0.13%
KEY B 0.13%
L B 0.13%
VTRS D 0.13%
WBA F 0.12%
PCG A 0.12%
OVV D 0.12%
NSC D 0.12%
CMI D 0.12%
GIS C 0.12%
FITB B 0.11%
KMB C 0.11%
OKE B 0.11%
CSX D 0.11%
HRL C 0.1%
DTE A 0.1%
BKR D 0.1%
FCX A 0.1%
PFGC C 0.1%
TAP F 0.1%
CL B 0.1%
HAL D 0.1%
WM B 0.1%
MRO D 0.09%
PPL A 0.09%
ES C 0.09%
RSG D 0.09%
AAL C 0.09%
EQT C 0.09%
UNM B 0.09%
MOS F 0.09%
SNX A 0.09%
WEC C 0.09%
CTVA C 0.09%
CHK B 0.09%
DG D 0.09%
SWN B 0.08%
CNP B 0.08%
APTV D 0.08%
CAG C 0.08%
AEE C 0.08%
X F 0.08%
BWA C 0.08%
DINO D 0.08%
USFD B 0.07%
K C 0.07%
ARW C 0.07%
BEN F 0.07%
GPC D 0.07%
CMA B 0.07%
LAD F 0.07%
EVRG C 0.07%
DVA B 0.07%
FE B 0.07%
WY F 0.07%
LEA F 0.07%
CHRD C 0.07%
LVS F 0.07%
VST B 0.07%
HES C 0.07%
CTRA B 0.07%
FNF B 0.07%
ARE C 0.06%
CE D 0.06%
STWD B 0.06%
CMS A 0.06%
RCL B 0.06%
CF F 0.06%
TRGP A 0.06%
PARA D 0.06%
MHK C 0.06%
MGM F 0.06%
IFF A 0.06%
AWK C 0.06%
ANET B 0.06%
APA F 0.06%
AMCR C 0.06%
MUR D 0.06%
ZION B 0.06%
CIVI C 0.06%
ATO B 0.06%
IVZ C 0.06%
MCHP B 0.06%
EWBC B 0.05%
GPS D 0.05%
ARMK B 0.05%
KMX F 0.05%
ECL A 0.05%
LDOS A 0.05%
ABG C 0.05%
BALL B 0.05%
WLK B 0.05%
LNC C 0.05%
DOC B 0.05%
OZK C 0.05%
PNW B 0.05%
AL C 0.05%
OC C 0.05%
FHN B 0.05%
CPB C 0.05%
BLDR D 0.05%
EMN C 0.05%
NI B 0.05%
UGI C 0.05%
JXN B 0.05%
OGN B 0.05%
WHR F 0.05%
M D 0.05%
RNR C 0.05%
SJM F 0.05%
COOP B 0.05%
ON D 0.05%
SNPS C 0.05%
THC B 0.05%
ALK C 0.05%
CHRW C 0.05%
PBF D 0.05%
JBL F 0.05%
R B 0.05%
AR A 0.05%
NRG B 0.05%
AES B 0.05%
WDC C 0.05%
SWK D 0.05%
NOG D 0.04%
MLM D 0.04%
AMKR C 0.04%
WBS D 0.04%
DKS D 0.04%
MAN C 0.04%
CLF F 0.04%
CMC B 0.04%
VNO F 0.04%
HP F 0.04%
DOV B 0.04%
BKH C 0.04%
KRC C 0.04%
OTIS C 0.04%
RRC B 0.04%
GT D 0.04%
TSCO A 0.04%
MAA C 0.04%
JLL B 0.04%
GPI B 0.04%
PKG C 0.04%
J F 0.04%
AGCO F 0.04%
BERY D 0.04%
LNT B 0.04%
VFC F 0.04%
EXPD D 0.04%
CEG C 0.04%
COLB C 0.04%
AN C 0.04%
GLPI C 0.04%
STX C 0.04%
TXT D 0.04%
JHG B 0.04%
VOYA B 0.04%
WCC C 0.04%
AAP D 0.04%
INVH B 0.04%
JEF A 0.04%
UHS B 0.04%
DRI F 0.04%
MKC C 0.04%
IBKR A 0.04%
WU D 0.04%
HST D 0.04%
ORI A 0.04%
TOL B 0.04%
AVT B 0.04%
EME B 0.03%
KSS D 0.03%
DEI C 0.03%
SMCI D 0.03%
HWC C 0.03%
AVY B 0.03%
CATY C 0.03%
PB C 0.03%
RDN C 0.03%
NNN B 0.03%
GHC B 0.03%
OSK D 0.03%
CSL B 0.03%
CDNS D 0.03%
RL D 0.03%
ABM C 0.03%
AMH B 0.03%
CNXC D 0.03%
HOG D 0.03%
TGNA C 0.03%
PR D 0.03%
FNB B 0.03%
MPW C 0.03%
WFRD C 0.03%
OLN C 0.03%
WSM C 0.03%
TPR D 0.03%
BHF F 0.03%
ARCH D 0.03%
UDR C 0.03%
GEHC D 0.03%
OGE A 0.03%
NFG B 0.03%
PAG C 0.03%
HUBB D 0.03%
MDU B 0.03%
NWSA C 0.03%
CNO A 0.03%
UTHR A 0.03%
HIW C 0.03%
KNX F 0.03%
POST B 0.03%
BXMT F 0.03%
GPK C 0.03%
SF B 0.03%
CASY B 0.03%
APLE F 0.03%
NXST C 0.03%
ONB B 0.03%
THO F 0.03%
WTRG C 0.03%
XPO D 0.03%
HII D 0.03%
SKX B 0.03%
KIM C 0.03%
FYBR B 0.03%
NOV D 0.03%
FAF D 0.03%
BJ B 0.03%
CACI B 0.03%
OHI C 0.03%
GNW B 0.03%
SNV B 0.03%
PK D 0.03%
SON B 0.03%
ASB C 0.03%
MUSA B 0.03%
HWM A 0.03%
NWL D 0.03%
INGR B 0.03%
SM D 0.03%
MTDR D 0.03%
ALV B 0.03%
VLY D 0.03%
JBHT F 0.03%
EXPE F 0.03%
KD B 0.03%
OGS C 0.03%
CNX B 0.03%
SANM B 0.03%
AKAM F 0.03%
HCC C 0.03%
WSO B 0.03%
TMHC B 0.03%
DXC F 0.03%
CPT B 0.03%
CCK C 0.03%
DCI C 0.02%
GATX A 0.02%
NJR C 0.02%
UMBF B 0.02%
ITT A 0.02%
KMPR C 0.02%
ASGN C 0.02%
BANR C 0.02%
WEX F 0.02%
CROX C 0.02%
RUSHA D 0.02%
AEO D 0.02%
PPC C 0.02%
FLS B 0.02%
LECO D 0.02%
CNM B 0.02%
EVR A 0.02%
TNL D 0.02%
FULT B 0.02%
IBTX C 0.02%
ELS D 0.02%
HOMB B 0.02%
TTEK A 0.02%
AVA C 0.02%
VAL B 0.02%
HBI D 0.02%
KBR C 0.02%
MATX C 0.02%
LW F 0.02%
RNST C 0.02%
WIRE C 0.02%
COLM B 0.02%
MMS B 0.02%
CIEN C 0.02%
PRI D 0.02%
SEE C 0.02%
PARR F 0.02%
BHE B 0.02%
LEG F 0.02%
GNTX D 0.02%
SLM D 0.02%
MGY C 0.02%
CPRI F 0.02%
DAN C 0.02%
REXR F 0.02%
AXTA C 0.02%
COHR D 0.02%
TYL B 0.02%
REZI C 0.02%
MIDD F 0.02%
CRL D 0.02%
VVV D 0.02%
CWK B 0.02%
CABO F 0.02%
PEB C 0.02%
ANDE F 0.02%
ASO F 0.02%
POR C 0.02%
SKYW C 0.02%
GEF F 0.02%
VSH C 0.02%
CNK D 0.02%
VAC D 0.02%
GEO D 0.02%
TALO F 0.02%
RRX D 0.02%
SATS C 0.02%
CW B 0.02%
CRC F 0.02%
BLD D 0.02%
GBX C 0.02%
PNM D 0.02%
COKE C 0.02%
MTN F 0.02%
PRG C 0.02%
LBRT A 0.02%
KAR C 0.02%
CXW D 0.02%
BCC D 0.02%
ADC C 0.02%
TTWO D 0.02%
SFM A 0.02%
ASH A 0.02%
SIGI F 0.02%
GNRC C 0.02%
AOS D 0.02%
G D 0.02%
AGO D 0.02%
SR C 0.02%
WAFD C 0.02%
TCBI C 0.02%
ATI C 0.02%
FHB B 0.02%
SBRA B 0.02%
GXO D 0.02%
JBLU D 0.02%
PTEN F 0.02%
WOR D 0.02%
CBSH B 0.02%
DTM A 0.02%
PTC C 0.02%
TKR C 0.02%
CWEN C 0.02%
AMR F 0.02%
AIRC A 0.02%
BANC C 0.02%
OI F 0.02%
FL F 0.02%
AVNT B 0.02%
ALE B 0.02%
WWD A 0.02%
ENVA C 0.02%
EHC C 0.02%
NDSN C 0.02%
BC F 0.02%
MSM F 0.02%
FLO C 0.02%
BRX C 0.02%
AM A 0.02%
THG A 0.02%
PDCO F 0.02%
JWN C 0.02%
RPM C 0.02%
ESNT C 0.02%
SLGN C 0.02%
DECK C 0.02%
NVT C 0.02%
IBOC B 0.02%
TPH B 0.02%
FFBC B 0.02%
LNW D 0.02%
SNEX C 0.02%
SWX A 0.02%
KBH B 0.02%
SFNC D 0.02%
SSB C 0.02%
KEX A 0.02%
SEM B 0.02%
WTFC B 0.02%
UBSI C 0.02%
CFR D 0.02%
QRVO F 0.02%
CEIX D 0.02%
SAIC C 0.02%
CUBE C 0.02%
SCI D 0.02%
PNFP C 0.02%
PENN F 0.02%
IR C 0.02%
BKU C 0.02%
CALM D 0.02%
CADE C 0.02%
AMG D 0.02%
ST C 0.02%
HRB B 0.02%
COTY F 0.02%
CC C 0.02%
CUZ C 0.02%
FLR D 0.02%
LAMR B 0.02%
H D 0.02%
MTH B 0.02%
UFPI C 0.02%
MTZ C 0.02%
BTU F 0.02%
SIG C 0.02%
NSIT B 0.02%
PVH D 0.02%
MTG C 0.02%
CLH B 0.02%
NCLH F 0.02%
MLI C 0.02%
TRN B 0.02%
PRGO F 0.02%
ETRN B 0.02%
ABR C 0.02%
URBN C 0.02%
CAR D 0.02%
AA B 0.02%
NYCB D 0.02%
PII F 0.02%
ADNT F 0.02%
ZEUS F 0.01%
REX C 0.01%
MOV C 0.01%
LTC B 0.01%
TBBK D 0.01%
EVTC F 0.01%
CAKE C 0.01%
PFBC B 0.01%
AZTA F 0.01%
RMBS F 0.01%
VRRM B 0.01%
OXM D 0.01%
EYE F 0.01%
MYGN B 0.01%
ROG D 0.01%
EZPW D 0.01%
SBSI D 0.01%
MSGS C 0.01%
CHH F 0.01%
CHCO C 0.01%
NHC B 0.01%
SHAK D 0.01%
DOCS D 0.01%
AEIS C 0.01%
APOG B 0.01%
SCHL D 0.01%
ESE C 0.01%
ACLS D 0.01%
AMCX C 0.01%
TWI F 0.01%
CARG C 0.01%
HXL C 0.01%
PRAA C 0.01%
RILY D 0.01%
MP C 0.01%
ZI F 0.01%
AWR C 0.01%
LSCC F 0.01%
ROCK D 0.01%
JBT F 0.01%
ICUI D 0.01%
AZZ C 0.01%
CHEF B 0.01%
CUBI D 0.01%
ALGT F 0.01%
DBI F 0.01%
KNF D 0.01%
MSA B 0.01%
CASH C 0.01%
MMSI B 0.01%
CPF B 0.01%
UNFI D 0.01%
UFCS C 0.01%
SVC F 0.01%
EFC B 0.01%
MC B 0.01%
ESAB C 0.01%
XHR D 0.01%
SAFT D 0.01%
TRIP F 0.01%
HALO B 0.01%
GTY C 0.01%
HCSG D 0.01%
SKT D 0.01%
SGH F 0.01%
PJT C 0.01%
VRTS D 0.01%
RCM F 0.01%
CHE F 0.01%
MERC C 0.01%
AWI D 0.01%
CPK C 0.01%
AMWD C 0.01%
BKE D 0.01%
DRH F 0.01%
SBCF C 0.01%
BOOT B 0.01%
MATV B 0.01%
FWRD F 0.01%
BRKR D 0.01%
AIN D 0.01%
EIG D 0.01%
CWT C 0.01%
FSS B 0.01%
EGBN F 0.01%
FCPT C 0.01%
FTDR C 0.01%
AOSL C 0.01%
HQY D 0.01%
EXLS C 0.01%
SCL C 0.01%
BHLB C 0.01%
FIZZ D 0.01%
OUT D 0.01%
HIBB B 0.01%
BDC C 0.01%
RES F 0.01%
DCOM D 0.01%
DORM D 0.01%
MGEE B 0.01%
DEA C 0.01%
THS F 0.01%
ALKS F 0.01%
NOVT D 0.01%
HTZ F 0.01%
GFF D 0.01%
GO F 0.01%
HAE B 0.01%
JJSF C 0.01%
ENR D 0.01%
CBU C 0.01%
PLUS B 0.01%
VC D 0.01%
UE C 0.01%
EPC C 0.01%
KN C 0.01%
HPP F 0.01%
BRBR D 0.01%
OSIS C 0.01%
EPRT B 0.01%
TPX C 0.01%
TDC F 0.01%
SMPL C 0.01%
PLAY D 0.01%
STC B 0.01%
EXP D 0.01%
ZD F 0.01%
CAL D 0.01%
RYN F 0.01%
CVCO D 0.01%
SBH D 0.01%
MORN D 0.01%
AKR B 0.01%
MNRO F 0.01%
POWL C 0.01%
SFBS C 0.01%
MASI D 0.01%
SHO D 0.01%
OII C 0.01%
CLW A 0.01%
HLX B 0.01%
B C 0.01%
FTRE F 0.01%
WRLD D 0.01%
GES C 0.01%
FBK B 0.01%
AMBC B 0.01%
VIR D 0.01%
DNOW D 0.01%
AMED C 0.01%
PIPR A 0.01%
CWEN C 0.01%
BCPC B 0.01%
NSP F 0.01%
AHCO D 0.01%
FELE D 0.01%
IPGP D 0.01%
BGS F 0.01%
SCVL C 0.01%
WD C 0.01%
BWXT D 0.01%
UCTT C 0.01%
LXP D 0.01%
DAY D 0.01%
SEDG F 0.01%
ONTO C 0.01%
YELP F 0.01%
FIVE F 0.01%
AVAV B 0.01%
NGVT C 0.01%
BLMN F 0.01%
IDCC C 0.01%
LGIH D 0.01%
SPTN D 0.01%
RXO C 0.01%
RGEN D 0.01%
AMN F 0.01%
NBR F 0.01%
SYNA D 0.01%
RWT C 0.01%
FORM B 0.01%
MTSI C 0.01%
HELE D 0.01%
PLAB C 0.01%
HASI B 0.01%
OFG C 0.01%
RUN D 0.01%
UNF D 0.01%
IRT C 0.01%
KWR D 0.01%
STBA C 0.01%
GVA B 0.01%
LANC D 0.01%
CGNX C 0.01%
IBP D 0.01%
MEDP D 0.01%
KLIC D 0.01%
MYRG D 0.01%
AROC B 0.01%
ENSG D 0.01%
EXPI D 0.01%
SHOO C 0.01%
PHIN B 0.01%
VSTO C 0.01%
PRK B 0.01%
STRA C 0.01%
CRUS B 0.01%
DT D 0.01%
ITGR C 0.01%
NWS C 0.01%
SXC D 0.01%
VSCO C 0.01%
SSD F 0.01%
BRC C 0.01%
CVI F 0.01%
IOSP B 0.01%
PBI C 0.01%
ANF A 0.01%
NBTB C 0.01%
LZB C 0.01%
WEN F 0.01%
SITC B 0.01%
BDN C 0.01%
ARCB F 0.01%
ACIW A 0.01%
LITE D 0.01%
NSA C 0.01%
PECO F 0.01%
CNXN B 0.01%
KALU B 0.01%
NPO D 0.01%
SABR D 0.01%
SXT B 0.01%
WERN D 0.01%
VNT D 0.01%
GTLS C 0.01%
KELYA D 0.01%
CTRE C 0.01%
FFIN B 0.01%
WWW C 0.01%
KMT C 0.01%
FND C 0.01%
CRK C 0.01%
CCS D 0.01%
PINC F 0.01%
BOH D 0.01%
PRDO C 0.01%
PATK D 0.01%
GRBK C 0.01%
FDP F 0.01%
LRN C 0.01%
NATL B 0.01%
OLLI D 0.01%
TTMI B 0.01%
NYT B 0.01%
WSFS B 0.01%
CRI F 0.01%
DLX B 0.01%
RH D 0.01%
HMN D 0.01%
KW D 0.01%
WS D 0.01%
WGO F 0.01%
MTX B 0.01%
SAIA F 0.01%
EGP F 0.01%
SAH C 0.01%
WH F 0.01%
APAM B 0.01%
RBC A 0.01%
PUMP C 0.01%
FICO A 0.01%
ENOV F 0.01%
PCH F 0.01%
TREX D 0.01%
RLI A 0.01%
PBH D 0.01%
MODG D 0.01%
SRCL F 0.01%
BGC B 0.01%
AXL C 0.01%
FHI D 0.01%
FN B 0.01%
MKSI C 0.01%
CCOI F 0.01%
EPR C 0.01%
LOPE C 0.01%
WTS B 0.01%
MAT F 0.01%
SCSC B 0.01%
PFS C 0.01%
CHX D 0.01%
ECPG C 0.01%
CENTA B 0.01%
INVA C 0.01%
CBRL F 0.01%
OPCH F 0.01%
HGV D 0.01%
SMG D 0.01%
BYD F 0.01%
VBTX C 0.01%
HLI C 0.01%
LCII D 0.01%
WMS C 0.01%
ITRI B 0.01%
OTTR C 0.01%
NEU D 0.01%
DLB C 0.01%
UA F 0.01%
TRMK B 0.01%
DIOD C 0.01%
UAA F 0.01%
MPWR C 0.01%
FR F 0.01%
HNI B 0.01%
FUL B 0.01%
INDB D 0.01%
GIII D 0.01%
BCO B 0.01%
ATGE B 0.01%
PLXS B 0.01%
SLCA C 0.01%
EEFT C 0.01%
PSMT B 0.01%
MSCI F 0.01%
NMIH A 0.01%
CBT B 0.01%
UCBI C 0.01%
VSAT D 0.01%
HI D 0.01%
GGG D 0.01%
DY C 0.01%
BANF C 0.01%
FBP C 0.01%
GBCI C 0.01%
ACHC F 0.01%
AIT B 0.01%
GMS D 0.01%
KTB A 0.01%
GMED B 0.01%
VMI C 0.01%
TTC D 0.01%
ACA C 0.01%
PSTG B 0.01%
SLVM B 0.01%
AX B 0.01%
TEX C 0.01%
LUMN F 0.01%
IDA C 0.01%
XRAY F 0.01%
FIX C 0.01%
VSTS F 0.01%
HOPE C 0.01%
LSTR C 0.01%
FCN B 0.01%
ABCB C 0.01%
NVST F 0.01%
AUB C 0.01%
NWBI C 0.01%
NWN C 0.01%
AYI C 0.01%
IIPR B 0.01%
NWE C 0.01%
SLG C 0.01%
LPX B 0.01%
PPBI C 0.01%
KLG C 0.01%
KFY B 0.01%
SPNT B 0.01%
EXEL F 0.01%
DBX D 0.01%
RGLD A 0.01%
ATR C 0.01%
NAVI F 0.01%
MHO C 0.01%
VGR C 0.01%
MLKN C 0.01%
MAC D 0.01%
ENS C 0.01%
OMI F 0.01%
CVBF C 0.01%
LFUS C 0.01%
RC D 0.01%
EAT B 0.01%
MCY B 0.01%
TDS B 0.01%
DPZ C 0.01%
PMT B 0.01%
KRG C 0.01%
CHDN C 0.01%
LPG C 0.01%
FRT C 0.01%
GNL D 0.01%
STAG C 0.01%
MOG.A C 0.01%
ARI D 0.01%
GME D 0.01%
CRS B 0.01%
HUBG C 0.01%
JBGS F 0.01%
UVV C 0.01%
LII B 0.01%
HTH C 0.01%
TXRH B 0.01%
ODP F 0.01%
VICR F 0.0%
UHT D 0.0%
NPK D 0.0%
LNN D 0.0%
DDD F 0.0%
XPEL F 0.0%
CHUY F 0.0%
NARI D 0.0%
SPWR D 0.0%
AGYS A 0.0%
CACC F 0.0%
EMBC D 0.0%
VCEL C 0.0%
EXPO C 0.0%
MSEX D 0.0%
CNMD F 0.0%
SITM C 0.0%
CLB D 0.0%
OSUR F 0.0%
VREX F 0.0%
TRUP C 0.0%
LESL F 0.0%
CRNC F 0.0%
AAON D 0.0%
SNCY F 0.0%
GOGO C 0.0%
LQDT C 0.0%
TTGT D 0.0%
CEVA F 0.0%
TGI C 0.0%
NXRT C 0.0%
BMI B 0.0%
MEI D 0.0%
RGP F 0.0%
ATNI F 0.0%
WOLF F 0.0%
OMCL D 0.0%
HAIN D 0.0%
COHU F 0.0%
NABL D 0.0%
STAA D 0.0%
GKOS B 0.0%
HCI D 0.0%
TNDM B 0.0%
MED F 0.0%
ARWR F 0.0%
CPRX C 0.0%
BJRI C 0.0%
TTEC F 0.0%
CMP F 0.0%
DGII F 0.0%
EPAC C 0.0%
CHCT F 0.0%
SSTK F 0.0%
MRCY D 0.0%
ADUS B 0.0%
PCRX C 0.0%
HVT F 0.0%
JBSS D 0.0%
CERT F 0.0%
ELF D 0.0%
RGNX F 0.0%
WSR B 0.0%
CARS C 0.0%
PGNY F 0.0%
EXTR D 0.0%
HSII B 0.0%
AHH C 0.0%
ICHR D 0.0%
NFBK D 0.0%
DV F 0.0%
ASTE F 0.0%
CTS A 0.0%
VVI D 0.0%
IPAR F 0.0%
CFFN F 0.0%
PEN F 0.0%
PRLB D 0.0%
PCTY C 0.0%
FOXF D 0.0%
CRSR F 0.0%
SXI C 0.0%
IIIN F 0.0%
MYE F 0.0%
HRMY F 0.0%
YETI D 0.0%
AVNS C 0.0%
SHEN D 0.0%
DRQ F 0.0%
KNSL F 0.0%
MXL F 0.0%
COLL D 0.0%
DIN F 0.0%
TMP D 0.0%
CYTK F 0.0%
CLDT F 0.0%
VIAV F 0.0%
CENT C 0.0%
RGR F 0.0%
CSGS F 0.0%
BSIG B 0.0%
XNCR C 0.0%
SLAB D 0.0%
HTLD D 0.0%
MCS F 0.0%
CCRN F 0.0%
WING C 0.0%
WDFC D 0.0%
INN F 0.0%
AMPH D 0.0%
SWAV B 0.0%
USNA D 0.0%
TILE D 0.0%
ASTH D 0.0%
SPSC C 0.0%
PZZA F 0.0%
JACK F 0.0%
GDEN F 0.0%
ASIX F 0.0%
NUS D 0.0%
BLKB C 0.0%
ROIC D 0.0%
LNTH C 0.0%
ALGM D 0.0%
THRM F 0.0%
TNC D 0.0%
SJW D 0.0%
AMSF F 0.0%
IRDM D 0.0%
IART F 0.0%
CALX D 0.0%
SIX C 0.0%
WABC C 0.0%
NX D 0.0%
ALG D 0.0%
CVGW D 0.0%
MANH D 0.0%
PLMR B 0.0%
CELH C 0.0%
PRGS F 0.0%
OLED C 0.0%
PAHC B 0.0%
HLIT D 0.0%
THRY D 0.0%
CRVL A 0.0%
RCUS D 0.0%
DFIN B 0.0%
VECO B 0.0%
HZO F 0.0%
NEOG F 0.0%
UNIT F 0.0%
CORT C 0.0%
MGPI F 0.0%
KOP F 0.0%
SMP F 0.0%
CVLT B 0.0%
POWI C 0.0%
MCW D 0.0%
FBNC D 0.0%
DXPE D 0.0%
HFWA C 0.0%
NVEE F 0.0%
GPRE F 0.0%
SONO D 0.0%
PRFT C 0.0%
HWKN B 0.0%
LKFN C 0.0%
QLYS F 0.0%
CNSL C 0.0%
ALRM D 0.0%
HAFC C 0.0%
MD F 0.0%
FLGT D 0.0%
MATW D 0.0%
NTCT D 0.0%
HAYN D 0.0%
TRST C 0.0%
VTOL B 0.0%
JOE C 0.0%
DVAX F 0.0%
WNC F 0.0%
SMTC B 0.0%
ETD F 0.0%
RDNT B 0.0%
USPH C 0.0%
KREF D 0.0%
TR F 0.0%
LIVN C 0.0%
MRTN D 0.0%
UTL B 0.0%
NEO D 0.0%
ORA C 0.0%
FCF C 0.0%
GDOT D 0.0%
NBHC B 0.0%
SUPN D 0.0%
ENV B 0.0%
ALEX C 0.0%
IRWD F 0.0%
SAM F 0.0%
CENX B 0.0%
MTRN D 0.0%
BFS B 0.0%
RAMP F 0.0%
SHC F 0.0%
AAT B 0.0%
QNST C 0.0%
NVRI D 0.0%
MMI C 0.0%
PRA C 0.0%
CSR C 0.0%
MCRI D 0.0%
AIR C 0.0%
BRKL D 0.0%
LGND C 0.0%
VLU Underweight 57 Positions Relative to NZAC
Symbol Grade Weight
NVS B -0.43%
BABA C -0.23%
TD F -0.2%
SONY F -0.14%
MELI B -0.14%
HDB F -0.13%
APO B -0.13%
DEO F -0.13%
SCCO A -0.11%
INFY F -0.1%
MRVL C -0.1%
KKR B -0.09%
SHOP F -0.07%
MKL A -0.07%
PDD B -0.07%
HEI B -0.06%
WIT D -0.06%
BIDU D -0.05%
TCOM B -0.05%
BCS A -0.04%
AVTR D -0.04%
AZN B -0.04%
TTD B -0.04%
UHAL C -0.04%
WDAY D -0.03%
ASAI D -0.03%
BAH B -0.03%
CCEP B -0.03%
VEEV D -0.03%
SNOW D -0.03%
TW B -0.02%
DASH D -0.02%
ZM D -0.02%
CRWD C -0.02%
SNAP C -0.02%
RPRX F -0.02%
HEI B -0.02%
PINS B -0.02%
BMRN F -0.02%
BCH B -0.02%
ALNY D -0.02%
SQ D -0.02%
SQ D -0.02%
PLTR D -0.02%
LI F -0.02%
ZLAB D -0.01%
SUI F -0.01%
QGEN B -0.01%
Z F -0.01%
QFIN B -0.01%
SIRI F -0.01%
TRU C -0.01%
EXAS F -0.01%
DOCU C -0.01%
XPEV D -0.01%
NIO D -0.01%
YNDX C -0.0%
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