VLU vs. STXV ETF Comparison

Comparison of SPDR S&P 1500 Value Tilt ETF (VLU) to Strive 1000 Value ETF (STXV)

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

$190.52

Average Daily Volume

7,926

Number of Holdings ^*

1418

* may have additional holdings in another (foreign) market

STXV

Strive 1000 Value ETF

STXV Description

The investment seeks to track the total return performance, before fees and expenses, of the Bloomberg US 1000 Value composed of large- and mid-capitalization U.S. equity securities that exhibit value characteristics. Under normal circumstances, substantially all of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index. The fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$31.11

Average Daily Volume

9,935

Number of Holdings ^*

675

* may have additional holdings in another (foreign) market

Performance

Period	VLU	STXV
30 Days	2.48%	1.27%
60 Days	6.20%	4.94%
90 Days	7.81%	6.70%
12 Months	30.10%	27.35%

613 Overlapping Holdings

	Symbol	Grade	Weight in VLU	Weight in STXV	Overlap
	A	F	0.03%	0.01%	0.01%
	AA	C	0.04%	0.03%	0.03%
	AAL	B	0.08%	0.01%	0.01%
	AAP	C	0.02%	0.01%	0.01%
	ABBV	F	0.45%	1.08%	0.45%
	ABT	C	0.24%	0.32%	0.24%
	ACGL	C	0.11%	0.17%	0.11%
	ACHC	F	0.01%	0.01%	0.01%
	ACM	B	0.03%	0.03%	0.03%
	ACN	B	0.31%	0.21%	0.21%
	ADC	A	0.02%	0.05%	0.02%
	ADI	D	0.14%	0.08%	0.08%
	ADM	F	0.21%	0.16%	0.16%
	ADP	A	0.09%	0.05%	0.05%
	AEE	B	0.08%	0.16%	0.08%
	AEP	D	0.16%	0.33%	0.16%
	AES	F	0.04%	0.06%	0.04%
	AFG	A	0.08%	0.07%	0.07%
	AFL	C	0.2%	0.39%	0.2%
	AGCO	F	0.03%	0.03%	0.03%
	AIG	B	0.24%	0.33%	0.24%
	AIT	A	0.02%	0.01%	0.01%
	AIZ	A	0.04%	0.07%	0.04%
	AKAM	F	0.03%	0.05%	0.03%
	AL	B	0.04%	0.03%	0.03%
	ALB	C	0.04%	0.05%	0.04%
	ALK	A	0.05%	0.01%	0.01%
	ALL	B	0.15%	0.32%	0.15%
	ALLE	D	0.02%	0.03%	0.02%
	ALLY	C	0.09%	0.06%	0.06%
	AMCR	D	0.05%	0.09%	0.05%
	AME	A	0.04%	0.01%	0.01%
	AMG	B	0.02%	0.04%	0.02%
	AMGN	F	0.26%	0.43%	0.26%
	AMH	C	0.02%	0.01%	0.01%
	AMKR	F	0.02%	0.01%	0.01%
	AMP	A	0.12%	0.15%	0.12%
	AMT	F	0.13%	0.12%	0.12%
	AN	C	0.04%	0.03%	0.03%
	AON	B	0.07%	0.1%	0.07%
	AOS	F	0.01%	0.0%	0.0%
	APA	F	0.04%	0.06%	0.04%
	APD	B	0.14%	0.18%	0.14%
	APTV	F	0.05%	0.08%	0.05%
	AR	B	0.04%	0.04%	0.04%
	ARE	F	0.05%	0.13%	0.05%
	ARMK	B	0.05%	0.06%	0.05%
	ARW	F	0.06%	0.04%	0.04%
	ARWR	C	0.0%	0.01%	0.0%
	ASH	F	0.01%	0.02%	0.01%
	ATO	B	0.07%	0.14%	0.07%
	ATR	A	0.01%	0.03%	0.01%
	AVB	B	0.07%	0.09%	0.07%
	AVY	F	0.02%	0.02%	0.02%
	AWI	B	0.01%	0.01%	0.01%
	AWK	D	0.05%	0.11%	0.05%
	AXP	B	0.35%	0.22%	0.22%
	AXTA	A	0.02%	0.02%	0.02%
	AYI	A	0.01%	0.03%	0.01%
	BAC	A	1.49%	2.0%	1.49%
	BALL	D	0.04%	0.06%	0.04%
	BAX	F	0.06%	0.11%	0.06%
	BBWI	C	0.02%	0.04%	0.02%
	BBY	C	0.15%	0.1%	0.1%
	BC	D	0.02%	0.04%	0.02%
	BDX	F	0.08%	0.29%	0.08%
	BEN	C	0.05%	0.04%	0.04%
	BERY	D	0.04%	0.05%	0.04%
	BG	D	0.11%	0.07%	0.07%
	BIIB	F	0.08%	0.15%	0.08%
	BIO	C	0.03%	0.04%	0.03%
	BJ	B	0.03%	0.04%	0.03%
	BK	B	0.28%	0.38%	0.28%
	BKH	A	0.03%	0.02%	0.02%
	BKR	B	0.12%	0.28%	0.12%
	BLDR	C	0.05%	0.06%	0.05%
	BMY	B	0.34%	0.73%	0.34%
	BR	A	0.02%	0.01%	0.01%
	BRK.A	B	2.36%	1.16%	1.16%
	BRX	A	0.03%	0.05%	0.03%
	BWA	B	0.07%	0.05%	0.05%
	BWXT	B	0.01%	0.01%	0.01%
	BX	A	0.13%	0.06%	0.06%
	BXMT	D	0.03%	0.02%	0.02%
	BXP	D	0.06%	0.08%	0.06%
	BYD	A	0.02%	0.03%	0.02%
	C	B	1.11%	0.83%	0.83%
	CACI	C	0.04%	0.03%	0.03%
	CAG	F	0.07%	0.08%	0.07%
	CAH	B	0.25%	0.18%	0.18%
	CAR	C	0.02%	0.0%	0.0%
	CARR	C	0.08%	0.13%	0.08%
	CAT	B	0.25%	0.41%	0.25%
	CB	C	0.32%	0.73%	0.32%
	CBRE	B	0.08%	0.07%	0.07%
	CBSH	A	0.02%	0.03%	0.02%
	CCI	F	0.1%	0.24%	0.1%
	CCK	D	0.03%	0.07%	0.03%
	CCL	B	0.2%	0.15%	0.15%
	CDW	F	0.03%	0.04%	0.03%
	CE	F	0.03%	0.07%	0.03%
	CEG	D	0.04%	0.0%	0.0%
	CF	B	0.06%	0.09%	0.06%
	CFG	B	0.18%	0.13%	0.13%
	CFR	B	0.03%	0.05%	0.03%
	CG	B	0.02%	0.09%	0.02%
	CHD	A	0.03%	0.02%	0.02%
	CHE	D	0.01%	0.01%	0.01%
	CHRD	D	0.07%	0.05%	0.05%
	CHRW	A	0.06%	0.05%	0.05%
	CHTR	B	0.33%	0.23%	0.23%
	CHX	C	0.01%	0.01%	0.01%
	CI	D	0.33%	0.58%	0.33%
	CIEN	B	0.02%	0.02%	0.02%
	CINF	A	0.07%	0.15%	0.07%
	CL	F	0.09%	0.08%	0.08%
	CLF	F	0.02%	0.04%	0.02%
	CLX	A	0.03%	0.09%	0.03%
	CMA	A	0.08%	0.07%	0.07%
	CMC	B	0.03%	0.04%	0.03%
	CMCSA	B	0.64%	1.13%	0.64%
	CME	B	0.1%	0.46%	0.1%
	CMI	A	0.13%	0.21%	0.13%
	CMS	D	0.05%	0.13%	0.05%
	CNC	F	0.28%	0.21%	0.21%
	CNM	D	0.01%	0.01%	0.01%
	CNP	B	0.07%	0.11%	0.07%
	CNXC	F	0.02%	0.01%	0.01%
	COF	B	0.6%	0.45%	0.45%
	COHR	C	0.04%	0.07%	0.04%
	COKE	C	0.03%	0.0%	0.0%
	COLM	B	0.01%	0.01%	0.01%
	COP	C	0.41%	0.49%	0.41%
	COR	B	0.37%	0.27%	0.27%
	CPAY	A	0.04%	0.01%	0.01%
	CPB	F	0.04%	0.05%	0.04%
	CPRI	F	0.01%	0.02%	0.01%
	CPT	C	0.04%	0.02%	0.02%
	CRL	C	0.01%	0.01%	0.01%
	CRUS	F	0.01%	0.0%	0.0%
	CSCO	A	0.51%	1.11%	0.51%
	CSL	B	0.03%	0.01%	0.01%
	CSX	B	0.1%	0.13%	0.1%
	CTLT	D	0.01%	0.02%	0.01%
	CTRA	B	0.06%	0.1%	0.06%
	CTSH	A	0.11%	0.21%	0.11%
	CTVA	C	0.09%	0.14%	0.09%
	CUBE	D	0.02%	0.03%	0.02%
	CUZ	B	0.03%	0.02%	0.02%
	CVS	F	0.61%	0.5%	0.5%
	CVX	A	1.32%	1.76%	1.32%
	CW	C	0.02%	0.01%	0.01%
	CWEN	D	0.02%	0.01%	0.01%
	CWEN	D	0.01%	0.0%	0.0%
	CWEN	D	0.02%	0.0%	0.0%
	CWEN	D	0.01%	0.01%	0.01%
	CXT	F	0.0%	0.01%	0.0%
	CZR	F	0.03%	0.05%	0.03%
	D	D	0.23%	0.31%	0.23%
	DAL	A	0.33%	0.06%	0.06%
	DAR	B	0.02%	0.04%	0.02%
	DCI	A	0.01%	0.03%	0.01%
	DD	D	0.18%	0.15%	0.15%
	DE	D	0.22%	0.43%	0.22%
	DFS	B	0.16%	0.13%	0.13%
	DG	F	0.05%	0.11%	0.05%
	DGX	B	0.05%	0.11%	0.05%
	DHI	D	0.11%	0.25%	0.11%
	DHR	F	0.11%	0.02%	0.02%
	DINO	D	0.06%	0.04%	0.04%
	DIS	B	0.27%	0.29%	0.27%
	DKS	D	0.03%	0.03%	0.03%
	DLB	D	0.01%	0.01%	0.01%
	DLR	C	0.04%	0.08%	0.04%
	DLTR	F	0.04%	0.06%	0.04%
	DOC	C	0.05%	0.1%	0.05%
	DOCS	B	0.01%	0.0%	0.0%
	DOV	A	0.04%	0.05%	0.04%
	DOW	F	0.17%	0.22%	0.17%
	DRI	B	0.04%	0.08%	0.04%
	DTE	D	0.09%	0.14%	0.09%
	DTM	A	0.03%	0.06%	0.03%
	DUK	D	0.32%	0.57%	0.32%
	DV	C	0.0%	0.0%	0.0%
	DVA	C	0.06%	0.03%	0.03%
	DVN	F	0.12%	0.16%	0.12%
	DXC	B	0.03%	0.02%	0.02%
	EA	A	0.05%	0.05%	0.05%
	EBAY	C	0.08%	0.09%	0.08%
	ED	D	0.12%	0.21%	0.12%
	EEFT	C	0.01%	0.02%	0.01%
	EG	D	0.08%	0.09%	0.08%
	EGP	D	0.01%	0.0%	0.0%
	EHC	B	0.02%	0.04%	0.02%
	EIX	C	0.1%	0.2%	0.1%
	EL	F	0.03%	0.05%	0.03%
	ELS	B	0.02%	0.01%	0.01%
	ELV	F	0.31%	0.31%	0.31%
	EMN	D	0.04%	0.08%	0.04%
	EMR	A	0.16%	0.21%	0.16%
	EOG	A	0.22%	0.47%	0.22%
	EPAM	B	0.01%	0.0%	0.0%
	EQH	B	0.07%	0.1%	0.07%
	EQR	C	0.08%	0.11%	0.08%
	EQT	B	0.12%	0.08%	0.08%
	ES	D	0.08%	0.13%	0.08%
	ESNT	D	0.02%	0.04%	0.02%
	ESS	C	0.04%	0.06%	0.04%
	ETR	B	0.15%	0.21%	0.15%
	ETSY	D	0.01%	0.0%	0.0%
	EVR	B	0.02%	0.02%	0.02%
	EVRG	A	0.07%	0.08%	0.07%
	EWBC	B	0.05%	0.1%	0.05%
	EXC	C	0.19%	0.25%	0.19%
	EXP	B	0.01%	0.01%	0.01%
	EXPD	C	0.04%	0.04%	0.04%
	EXR	D	0.04%	0.09%	0.04%
	F	C	0.36%	0.28%	0.28%
	FAF	C	0.03%	0.04%	0.03%
	FANG	C	0.11%	0.2%	0.11%
	FAST	B	0.04%	0.03%	0.03%
	FBIN	F	0.02%	0.06%	0.02%
	FDX	B	0.24%	0.39%	0.24%
	FE	D	0.06%	0.15%	0.06%
	FFIN	B	0.01%	0.02%	0.01%
	FFIV	B	0.02%	0.03%	0.02%
	FHN	A	0.05%	0.07%	0.05%
	FIS	B	0.1%	0.16%	0.1%
	FITB	A	0.12%	0.2%	0.12%
	FIVE	F	0.0%	0.0%	0.0%
	FLO	F	0.02%	0.02%	0.02%
	FLR	C	0.03%	0.02%	0.02%
	FLS	B	0.02%	0.02%	0.02%
	FMC	F	0.03%	0.04%	0.03%
	FNF	C	0.07%	0.1%	0.07%
	FOX	A	0.05%	0.03%	0.03%
	FOXA	A	0.09%	0.07%	0.07%
	FR	D	0.01%	0.0%	0.0%
	FRT	B	0.01%	0.04%	0.01%
	FTV	C	0.03%	0.05%	0.03%
	FYBR	D	0.04%	0.05%	0.04%
	G	B	0.02%	0.05%	0.02%
	GAP	B	0.04%	0.03%	0.03%
	GD	C	0.22%	0.22%	0.22%
	GE	D	0.27%	0.08%	0.08%
	GEHC	D	0.03%	0.05%	0.03%
	GEN	B	0.05%	0.05%	0.05%
	GGG	B	0.01%	0.01%	0.01%
	GILD	B	0.38%	0.74%	0.38%
	GIS	F	0.1%	0.24%	0.1%
	GL	B	0.04%	0.06%	0.04%
	GLPI	D	0.04%	0.07%	0.04%
	GLW	B	0.1%	0.19%	0.1%
	GM	B	0.53%	0.41%	0.41%
	GME	C	0.03%	0.01%	0.01%
	GNRC	B	0.02%	0.01%	0.01%
	GNTX	C	0.01%	0.02%	0.01%
	GPC	D	0.05%	0.09%	0.05%
	GPK	D	0.03%	0.05%	0.03%
	GPN	B	0.06%	0.16%	0.06%
	GRMN	A	0.07%	0.05%	0.05%
	GS	B	0.57%	1.04%	0.57%
	GXO	B	0.02%	0.03%	0.02%
	HAL	C	0.07%	0.16%	0.07%
	HAS	D	0.03%	0.05%	0.03%
	HBAN	A	0.12%	0.15%	0.12%
	HCA	D	0.18%	0.23%	0.18%
	HD	B	0.5%	0.92%	0.5%
	HIG	C	0.13%	0.22%	0.13%
	HII	F	0.02%	0.05%	0.02%
	HLI	B	0.01%	0.01%	0.01%
	HOG	D	0.02%	0.02%	0.02%
	HOLX	D	0.02%	0.05%	0.02%
	HON	B	0.21%	0.37%	0.21%
	HPE	B	0.24%	0.17%	0.17%
	HPQ	B	0.31%	0.23%	0.23%
	HRB	D	0.03%	0.06%	0.03%
	HRL	F	0.07%	0.05%	0.05%
	HSIC	F	0.03%	0.05%	0.03%
	HST	D	0.04%	0.07%	0.04%
	HSY	F	0.05%	0.07%	0.05%
	HUBB	C	0.03%	0.01%	0.01%
	HUM	D	0.17%	0.22%	0.17%
	HXL	F	0.01%	0.01%	0.01%
	IBKR	A	0.05%	0.1%	0.05%
	IBM	D	0.43%	1.28%	0.43%
	ICE	C	0.11%	0.13%	0.11%
	IDA	A	0.02%	0.04%	0.02%
	IEX	B	0.01%	0.02%	0.01%
	IFF	F	0.05%	0.14%	0.05%
	ILMN	C	0.03%	0.03%	0.03%
	INGR	B	0.04%	0.07%	0.04%
	INTC	C	0.35%	0.69%	0.35%
	INVH	D	0.04%	0.02%	0.02%
	IP	B	0.17%	0.14%	0.14%
	IPG	F	0.04%	0.07%	0.04%
	IPGP	C	0.01%	0.0%	0.0%
	IRM	D	0.04%	0.01%	0.01%
	ITT	A	0.01%	0.01%	0.01%
	ITW	B	0.09%	0.13%	0.09%
	IVZ	B	0.07%	0.05%	0.05%
	J	D	0.04%	0.07%	0.04%
	JAZZ	B	0.02%	0.04%	0.02%
	JBHT	C	0.03%	0.04%	0.03%
	JBL	C	0.05%	0.09%	0.05%
	JCI	A	0.15%	0.2%	0.15%
	JEF	B	0.06%	0.06%	0.06%
	JKHY	C	0.01%	0.0%	0.0%
	JLL	C	0.05%	0.08%	0.05%
	JNJ	D	0.79%	2.14%	0.79%
	JNPR	D	0.03%	0.06%	0.03%
	JPM	A	1.46%	3.59%	1.46%
	K	A	0.08%	0.14%	0.08%
	KBR	D	0.02%	0.01%	0.01%
	KDP	C	0.12%	0.14%	0.12%
	KEY	B	0.15%	0.12%	0.12%
	KEYS	C	0.04%	0.02%	0.02%
	KHC	F	0.25%	0.16%	0.16%
	KIM	A	0.04%	0.1%	0.04%
	KMB	D	0.1%	0.23%	0.1%
	KMI	B	0.44%	0.34%	0.34%
	KMX	B	0.04%	0.06%	0.04%
	KNX	C	0.03%	0.02%	0.02%
	KO	F	0.37%	0.6%	0.37%
	KR	A	0.34%	0.26%	0.26%
	KRC	C	0.04%	0.03%	0.03%
	KVUE	A	0.22%	0.22%	0.22%
	L	A	0.13%	0.09%	0.09%
	LAD	B	0.09%	0.06%	0.06%
	LAMR	D	0.03%	0.05%	0.03%
	LANC	C	0.01%	0.0%	0.0%
	LDOS	C	0.05%	0.08%	0.05%
	LEA	F	0.05%	0.03%	0.03%
	LECO	C	0.01%	0.01%	0.01%
	LEN	D	0.13%	0.0%	0.0%
	LEN	D	0.13%	0.26%	0.13%
	LFUS	D	0.01%	0.0%	0.0%
	LH	B	0.06%	0.12%	0.06%
	LHX	B	0.1%	0.18%	0.1%
	LITE	B	0.01%	0.01%	0.01%
	LKQ	C	0.03%	0.06%	0.03%
	LMT	D	0.33%	0.69%	0.33%
	LNC	B	0.05%	0.04%	0.04%
	LNT	C	0.04%	0.1%	0.04%
	LOW	B	0.23%	0.66%	0.23%
	LSTR	B	0.01%	0.01%	0.01%
	LUV	B	0.16%	0.02%	0.02%
	LVS	C	0.07%	0.07%	0.07%
	LW	B	0.01%	0.02%	0.01%
	LYB	F	0.19%	0.14%	0.14%
	M	C	0.04%	0.03%	0.03%
	MAA	C	0.04%	0.06%	0.04%
	MAN	F	0.03%	0.01%	0.01%
	MAS	D	0.03%	0.08%	0.03%
	MAT	C	0.01%	0.04%	0.01%
	MCD	C	0.15%	0.59%	0.15%
	MCHP	F	0.05%	0.04%	0.04%
	MCK	B	0.39%	0.42%	0.39%
	MDLZ	F	0.18%	0.3%	0.18%
	MDT	D	0.32%	0.75%	0.32%
	MDU	D	0.02%	0.02%	0.02%
	MET	C	0.41%	0.33%	0.33%
	MGM	D	0.04%	0.0%	0.0%
	MHK	D	0.06%	0.05%	0.05%
	MIDD	D	0.02%	0.03%	0.02%
	MKC	D	0.04%	0.07%	0.04%
	MKSI	C	0.01%	0.0%	0.0%
	MKTX	C	0.01%	0.02%	0.01%
	MLI	B	0.03%	0.03%	0.03%
	MMC	D	0.12%	0.04%	0.04%
	MMM	C	0.28%	0.48%	0.28%
	MMS	F	0.02%	0.02%	0.02%
	MO	A	0.34%	0.6%	0.34%
	MOH	F	0.04%	0.06%	0.04%
	MOS	D	0.08%	0.05%	0.05%
	MPC	D	0.44%	0.35%	0.35%
	MRK	F	0.31%	0.61%	0.31%
	MRO	B	0.08%	0.1%	0.08%
	MS	A	0.6%	0.98%	0.6%
	MSM	C	0.02%	0.02%	0.02%
	MTB	A	0.17%	0.23%	0.17%
	MTCH	F	0.01%	0.06%	0.01%
	MTDR	B	0.03%	0.04%	0.03%
	MTG	C	0.02%	0.04%	0.02%
	MTN	C	0.01%	0.02%	0.01%
	MTZ	B	0.03%	0.05%	0.03%
	MU	D	0.15%	0.4%	0.15%
	MUR	D	0.04%	0.03%	0.03%
	NCLH	B	0.04%	0.04%	0.04%
	NDAQ	B	0.07%	0.07%	0.07%
	NDSN	B	0.02%	0.01%	0.01%
	NEE	D	0.33%	0.53%	0.33%
	NEM	F	0.14%	0.22%	0.14%
	NFG	D	0.03%	0.03%	0.03%
	NI	A	0.06%	0.1%	0.06%
	NKE	F	0.12%	0.23%	0.12%
	NNN	F	0.02%	0.04%	0.02%
	NOC	D	0.15%	0.28%	0.15%
	NOV	C	0.02%	0.04%	0.02%
	NRG	C	0.06%	0.12%	0.06%
	NSA	D	0.01%	0.0%	0.0%
	NSC	B	0.13%	0.2%	0.13%
	NTAP	D	0.04%	0.03%	0.03%
	NTRS	A	0.08%	0.14%	0.08%
	NUE	D	0.12%	0.25%	0.12%
	NVR	D	0.06%	0.04%	0.04%
	NWL	B	0.03%	0.02%	0.02%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.03%	0.04%	0.03%
	NXST	C	0.03%	0.03%	0.03%
	O	D	0.11%	0.32%	0.11%
	OC	A	0.05%	0.08%	0.05%
	OGE	B	0.03%	0.05%	0.03%
	OGN	F	0.03%	0.03%	0.03%
	OHI	C	0.04%	0.07%	0.04%
	OKE	A	0.13%	0.34%	0.13%
	OLN	F	0.02%	0.03%	0.02%
	OMC	A	0.06%	0.13%	0.06%
	ON	F	0.05%	0.02%	0.02%
	ORI	A	0.04%	0.06%	0.04%
	OSK	B	0.02%	0.04%	0.02%
	OTIS	D	0.04%	0.08%	0.04%
	OVV	C	0.09%	0.07%	0.07%
	OXY	F	0.17%	0.1%	0.1%
	OZK	B	0.04%	0.03%	0.03%
	PAG	B	0.03%	0.02%	0.02%
	PARA	B	0.06%	0.03%	0.03%
	PAYX	B	0.06%	0.08%	0.06%
	PB	B	0.03%	0.05%	0.03%
	PBF	F	0.03%	0.02%	0.02%
	PCAR	B	0.12%	0.39%	0.12%
	PCG	A	0.12%	0.26%	0.12%
	PEG	C	0.13%	0.24%	0.13%
	PEP	D	0.34%	0.66%	0.34%
	PFE	F	0.77%	0.98%	0.77%
	PFG	C	0.16%	0.12%	0.12%
	PFGC	B	0.11%	0.09%	0.09%
	PG	C	0.46%	0.79%	0.46%
	PH	A	0.09%	0.02%	0.02%
	PHM	D	0.06%	0.15%	0.06%
	PII	F	0.02%	0.02%	0.02%
	PKG	B	0.05%	0.11%	0.05%
	PLD	D	0.13%	0.13%	0.13%
	PM	B	0.54%	1.26%	0.54%
	PNC	B	0.4%	0.53%	0.4%
	PNFP	B	0.03%	0.05%	0.03%
	PNM	B	0.02%	0.02%	0.02%
	PNR	A	0.02%	0.02%	0.02%
	PNW	A	0.05%	0.06%	0.05%
	POOL	D	0.01%	0.01%	0.01%
	POR	D	0.02%	0.04%	0.02%
	POST	D	0.03%	0.03%	0.03%
	PPC	C	0.02%	0.01%	0.01%
	PPG	F	0.06%	0.14%	0.06%
	PPL	A	0.09%	0.15%	0.09%
	PR	C	0.03%	0.06%	0.03%
	PRGO	C	0.02%	0.02%	0.02%
	PRI	B	0.02%	0.04%	0.02%
	PRU	B	0.38%	0.3%	0.3%
	PSA	D	0.07%	0.11%	0.07%
	PSX	C	0.45%	0.35%	0.35%
	PVH	C	0.02%	0.03%	0.02%
	PYPL	A	0.17%	0.23%	0.17%
	QCOM	F	0.23%	0.08%	0.08%
	QRVO	F	0.01%	0.0%	0.0%
	RCM	B	0.01%	0.01%	0.01%
	RDN	C	0.03%	0.03%	0.03%
	REG	A	0.04%	0.07%	0.04%
	REXR	F	0.01%	0.02%	0.01%
	RF	A	0.11%	0.15%	0.11%
	RGA	A	0.12%	0.09%	0.09%
	RH	C	0.01%	0.03%	0.01%
	RHI	B	0.02%	0.04%	0.02%
	RJF	A	0.06%	0.07%	0.06%
	RL	B	0.03%	0.02%	0.02%
	RLI	A	0.01%	0.0%	0.0%
	RNR	D	0.05%	0.09%	0.05%
	ROIV	D	0.04%	0.02%	0.02%
	ROK	B	0.04%	0.04%	0.04%
	ROP	A	0.05%	0.01%	0.01%
	RPM	A	0.02%	0.05%	0.02%
	RRC	B	0.03%	0.04%	0.03%
	RRX	B	0.02%	0.06%	0.02%
	RS	C	0.05%	0.09%	0.05%
	RTX	D	0.44%	0.84%	0.44%
	RUN	F	0.01%	0.01%	0.01%
	RVTY	C	0.02%	0.06%	0.02%
	RYN	F	0.01%	0.01%	0.01%
	SAIC	D	0.02%	0.03%	0.02%
	SAM	B	0.0%	0.0%	0.0%
	SBUX	B	0.14%	0.31%	0.14%
	SCHW	B	0.24%	0.06%	0.06%
	SCI	B	0.02%	0.02%	0.02%
	SEE	C	0.01%	0.03%	0.01%
	SEIC	A	0.02%	0.03%	0.02%
	SF	A	0.04%	0.08%	0.04%
	SFM	B	0.03%	0.01%	0.01%
	SIGI	B	0.02%	0.03%	0.02%
	SJM	F	0.05%	0.08%	0.05%
	SKX	F	0.03%	0.02%	0.02%
	SLB	C	0.13%	0.29%	0.13%
	SLM	A	0.02%	0.03%	0.02%
	SMG	D	0.01%	0.02%	0.01%
	SNA	A	0.04%	0.11%	0.04%
	SNV	B	0.04%	0.06%	0.04%
	SNX	C	0.08%	0.05%	0.05%
	SO	D	0.3%	0.57%	0.3%
	SOLV	C	0.01%	0.03%	0.01%
	SON	F	0.02%	0.04%	0.02%
	SPG	A	0.06%	0.34%	0.06%
	SRE	B	0.18%	0.36%	0.18%
	SSB	B	0.03%	0.06%	0.03%
	ST	F	0.02%	0.03%	0.02%
	STAG	D	0.01%	0.01%	0.01%
	STLD	C	0.08%	0.13%	0.08%
	STT	B	0.14%	0.18%	0.14%
	STWD	C	0.05%	0.03%	0.03%
	STX	D	0.05%	0.14%	0.05%
	STZ	D	0.05%	0.1%	0.05%
	SW	B	0.22%	0.08%	0.08%
	SWK	F	0.05%	0.09%	0.05%
	SWKS	F	0.04%	0.07%	0.04%
	SYF	B	0.22%	0.17%	0.17%
	SYNA	C	0.01%	0.0%	0.0%
	SYY	D	0.12%	0.19%	0.12%
	T	A	1.35%	1.04%	1.04%
	TAP	B	0.08%	0.06%	0.06%
	TDY	B	0.03%	0.03%	0.03%
	TFC	B	0.53%	0.4%	0.4%
	TFX	F	0.01%	0.03%	0.01%
	TGT	C	0.22%	0.44%	0.22%
	THC	B	0.06%	0.09%	0.06%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.03%	0.04%	0.03%
	TKO	D	0.04%	0.01%	0.01%
	TKR	F	0.01%	0.03%	0.01%
	TMUS	A	0.42%	0.45%	0.42%
	TNL	A	0.02%	0.02%	0.02%
	TOL	B	0.05%	0.1%	0.05%
	TPR	A	0.04%	0.07%	0.04%
	TPX	B	0.01%	0.0%	0.0%
	TRMB	B	0.02%	0.01%	0.01%
	TROW	A	0.07%	0.16%	0.07%
	TRV	B	0.18%	0.37%	0.18%
	TSCO	D	0.04%	0.0%	0.0%
	TSN	B	0.14%	0.11%	0.11%
	TTC	F	0.01%	0.0%	0.0%
	TXN	B	0.25%	0.37%	0.25%
	TXT	D	0.04%	0.06%	0.04%
	UAL	A	0.24%	0.05%	0.05%
	UBSI	B	0.02%	0.03%	0.02%
	UDR	C	0.03%	0.05%	0.03%
	UFPI	B	0.02%	0.03%	0.02%
	UGI	D	0.04%	0.03%	0.03%
	UHS	D	0.05%	0.07%	0.05%
	ULTA	C	0.03%	0.0%	0.0%
	UNH	B	1.17%	0.83%	0.83%
	UNM	A	0.1%	0.07%	0.07%
	UNP	D	0.22%	0.28%	0.22%
	UPS	C	0.37%	0.63%	0.37%
	URI	B	0.07%	0.09%	0.07%
	USB	B	0.38%	0.5%	0.38%
	USFD	B	0.08%	0.05%	0.05%
	VFC	C	0.06%	0.04%	0.04%
	VICI	D	0.09%	0.2%	0.09%
	VLO	C	0.37%	0.28%	0.28%
	VMI	B	0.02%	0.01%	0.01%
	VNO	C	0.06%	0.02%	0.02%
	VNT	C	0.01%	0.02%	0.01%
	VOYA	B	0.04%	0.05%	0.04%
	VRSN	C	0.02%	0.01%	0.01%
	VST	B	0.1%	0.02%	0.02%
	VTR	C	0.08%	0.17%	0.08%
	VTRS	B	0.13%	0.09%	0.09%
	VZ	D	1.46%	1.04%	1.04%
	WAB	B	0.04%	0.03%	0.03%
	WBA	D	0.06%	0.04%	0.04%
	WBD	B	0.18%	0.12%	0.12%
	WBS	A	0.04%	0.06%	0.04%
	WCC	B	0.04%	0.07%	0.04%
	WDC	D	0.05%	0.15%	0.05%
	WEC	B	0.09%	0.2%	0.09%
	WELL	B	0.12%	0.18%	0.12%
	WEN	C	0.01%	0.01%	0.01%
	WFC	A	1.17%	1.64%	1.17%
	WH	A	0.01%	0.03%	0.01%
	WHR	B	0.05%	0.04%	0.04%
	WLK	F	0.04%	0.02%	0.02%
	WMB	B	0.19%	0.33%	0.19%
	WMT	A	1.8%	0.98%	0.98%
	WPC	F	0.05%	0.07%	0.05%
	WRB	B	0.05%	0.08%	0.05%
	WSM	F	0.02%	0.02%	0.02%
	WTFC	B	0.03%	0.05%	0.03%
	WTRG	C	0.03%	0.05%	0.03%
	WTS	B	0.01%	0.0%	0.0%
	WTW	A	0.07%	0.08%	0.07%
	WU	F	0.03%	0.02%	0.02%
	WWD	B	0.02%	0.02%	0.02%
	WY	F	0.06%	0.12%	0.06%
	WYNN	C	0.02%	0.04%	0.02%
	X	D	0.08%	0.05%	0.05%
	XEL	A	0.14%	0.24%	0.14%
	XOM	B	2.01%	2.76%	2.01%
	XPO	B	0.04%	0.04%	0.04%
	XRAY	F	0.01%	0.03%	0.01%
	XYL	F	0.02%	0.02%	0.02%
	YETI	D	0.0%	0.0%	0.0%
	YUM	B	0.03%	0.06%	0.03%
	ZBH	C	0.05%	0.13%	0.05%
	ZBRA	B	0.02%	0.0%	0.0%
	ZI	C	0.0%	0.01%	0.0%
	ZION	B	0.07%	0.05%	0.05%

VLU Overweight 808 Positions Relative to STXV

	Symbol	Grade	Weight
	AAPL	C	2.41%
	AMZN	A	2.1%
	META	B	1.78%
	MSFT	C	1.43%
	GOOG	C	1.2%
	GOOGL	C	0.75%
	TSLA	B	0.57%
	AVGO	C	0.46%
	ORCL	A	0.45%
	V	A	0.44%
	NVDA	A	0.37%
	COST	B	0.28%
	CRM	B	0.26%
	LLY	F	0.2%
	LIN	D	0.19%
	PGR	A	0.18%
	NFLX	A	0.18%
	BA	F	0.17%
	TMO	F	0.16%
	TJX	A	0.16%
	ADBE	C	0.16%
	FI	A	0.15%
	AMD	F	0.13%
	MA	B	0.13%
	BKNG	A	0.12%
	SPGI	C	0.12%
	AMAT	F	0.12%
	ETN	B	0.12%
	REGN	F	0.11%
	BSX	A	0.11%
	VRTX	B	0.11%
	WM	A	0.1%
	ISRG	A	0.1%
	TRGP	B	0.09%
	FCX	F	0.09%
	RSG	B	0.09%
	SYK	A	0.09%
	MAR	A	0.09%
	ORLY	A	0.08%
	LRCX	F	0.08%
	TT	B	0.08%
	ANET	C	0.08%
	RCL	A	0.08%
	LUMN	C	0.08%
	UBER	F	0.08%
	ABNB	C	0.07%
	PANW	B	0.07%
	JXN	C	0.07%
	NXPI	F	0.07%
	EQIX	B	0.07%
	GWW	B	0.06%
	ROST	D	0.06%
	HES	B	0.06%
	INTU	A	0.06%
	R	B	0.06%
	SHW	A	0.06%
	NOW	A	0.06%
	AZO	B	0.06%
	APH	B	0.06%
	EXPE	B	0.05%
	IQV	F	0.05%
	SNPS	C	0.05%
	CNX	B	0.05%
	KLAC	F	0.05%
	JHG	A	0.05%
	COLB	A	0.05%
	COOP	B	0.05%
	AJG	A	0.05%
	MNST	B	0.05%
	MUSA	B	0.04%
	HCC	C	0.04%
	BRO	B	0.04%
	NOG	B	0.04%
	CNO	B	0.04%
	TMHC	B	0.04%
	VLY	B	0.04%
	HWM	B	0.04%
	FTNT	B	0.04%
	WSO	B	0.04%
	SANM	C	0.04%
	PWR	B	0.04%
	UTHR	B	0.04%
	MCO	C	0.04%
	CTAS	B	0.04%
	CMG	B	0.04%
	CIVI	D	0.04%
	MSI	B	0.04%
	ZTS	D	0.04%
	LYV	A	0.04%
	ECL	C	0.04%
	AVT	C	0.04%
	ABG	B	0.04%
	GPI	B	0.04%
	BURL	C	0.03%
	RMD	C	0.03%
	BFH	B	0.03%
	PENN	B	0.03%
	CADE	B	0.03%
	TRN	B	0.03%
	GT	C	0.03%
	CDNS	B	0.03%
	GNW	B	0.03%
	CLH	B	0.03%
	SFNC	B	0.03%
	PK	C	0.03%
	ARCH	B	0.03%
	ANSS	B	0.03%
	WAFD	B	0.03%
	SATS	D	0.03%
	FSLR	F	0.03%
	BKU	A	0.03%
	HBI	B	0.03%
	CR	B	0.03%
	TDS	C	0.03%
	TGNA	B	0.03%
	INCY	B	0.03%
	BHF	B	0.03%
	HWC	B	0.03%
	GEO	B	0.03%
	APLE	B	0.03%
	FNB	B	0.03%
	CNK	B	0.03%
	CEIX	B	0.03%
	CBOE	D	0.03%
	GHC	B	0.03%
	EME	B	0.03%
	GDDY	B	0.03%
	CWK	C	0.03%
	HP	C	0.03%
	ABM	B	0.03%
	ODFL	B	0.03%
	IT	B	0.03%
	CALM	B	0.03%
	LULU	B	0.03%
	KD	A	0.03%
	DEI	B	0.03%
	CATY	B	0.03%
	BTU	C	0.03%
	MLM	B	0.03%
	VMC	B	0.03%
	HIW	D	0.03%
	ONB	B	0.03%
	CASY	B	0.03%
	CPRT	A	0.03%
	ASB	B	0.03%
	OGS	B	0.03%
	EW	F	0.03%
	ADSK	B	0.03%
	KTB	A	0.02%
	TER	F	0.02%
	BLD	F	0.02%
	ATGE	C	0.02%
	CABO	B	0.02%
	LPX	A	0.02%
	GMED	B	0.02%
	ADNT	D	0.02%
	EXEL	B	0.02%
	MAC	B	0.02%
	AX	B	0.02%
	MGY	B	0.02%
	VAC	B	0.02%
	GATX	B	0.02%
	FICO	B	0.02%
	VSTS	D	0.02%
	VVV	B	0.02%
	TTEK	F	0.02%
	REZI	A	0.02%
	NWBI	B	0.02%
	JBGS	F	0.02%
	VLTO	D	0.02%
	VYX	B	0.02%
	ATI	F	0.02%
	CVBF	B	0.02%
	NATL	B	0.02%
	SLVM	C	0.02%
	TXRH	A	0.02%
	NWE	C	0.02%
	ERIE	F	0.02%
	GEF	B	0.02%
	MCY	B	0.02%
	FULT	B	0.02%
	KRG	B	0.02%
	ABCB	B	0.02%
	PLXS	C	0.02%
	OI	C	0.02%
	MOG.A	B	0.02%
	MHO	D	0.02%
	BCC	B	0.02%
	PRG	B	0.02%
	SR	C	0.02%
	KSS	D	0.02%
	AGO	B	0.02%
	NSIT	F	0.02%
	EFX	F	0.02%
	WFRD	F	0.02%
	UAA	B	0.02%
	SBAC	D	0.02%
	LII	B	0.02%
	CRC	B	0.02%
	KAR	B	0.02%
	CBT	C	0.02%
	JBLU	C	0.02%
	NVT	C	0.02%
	ALE	A	0.02%
	FL	F	0.02%
	SWX	B	0.02%
	EAT	B	0.02%
	AUB	A	0.02%
	PTC	B	0.02%
	BHE	C	0.02%
	TCBI	B	0.02%
	BANC	B	0.02%
	RUSHA	B	0.02%
	AM	B	0.02%
	GBX	A	0.02%
	SLG	C	0.02%
	IDXX	F	0.02%
	HLT	A	0.02%
	UMBF	B	0.02%
	RNST	B	0.02%
	GBCI	B	0.02%
	URBN	C	0.02%
	TYL	B	0.02%
	TTWO	A	0.02%
	TPH	C	0.02%
	LNW	F	0.02%
	AVNT	B	0.02%
	WAT	B	0.02%
	HOMB	A	0.02%
	BANF	B	0.02%
	FHB	B	0.02%
	MTD	F	0.02%
	MATX	B	0.02%
	KEX	A	0.02%
	STE	D	0.02%
	JWN	B	0.02%
	BANR	B	0.02%
	MTH	D	0.02%
	MRNA	F	0.02%
	H	B	0.02%
	SIG	B	0.02%
	IBTX	B	0.02%
	SLGN	B	0.02%
	DECK	B	0.02%
	IBOC	B	0.02%
	ALGN	D	0.02%
	SBRA	C	0.02%
	KBH	D	0.02%
	CRS	B	0.02%
	SEM	C	0.02%
	SKYW	B	0.02%
	IR	A	0.02%
	FFBC	B	0.02%
	PFS	B	0.02%
	ALV	C	0.02%
	ENVA	B	0.02%
	CXW	B	0.02%
	VSCO	B	0.02%
	SNEX	B	0.02%
	ABR	B	0.02%
	SM	C	0.02%
	CSGP	F	0.02%
	TDG	D	0.02%
	MPW	F	0.02%
	KREF	D	0.01%
	FBNC	B	0.01%
	HFWA	B	0.01%
	PRDO	B	0.01%
	QNST	C	0.01%
	UNIT	C	0.01%
	PFBC	B	0.01%
	AIN	C	0.01%
	SCL	C	0.01%
	VRTS	B	0.01%
	UFCS	B	0.01%
	MCRI	A	0.01%
	EZPW	A	0.01%
	MMI	B	0.01%
	IART	C	0.01%
	MSGS	B	0.01%
	AWR	C	0.01%
	XHR	B	0.01%
	FORM	F	0.01%
	RES	F	0.01%
	SAFT	B	0.01%
	CUBI	B	0.01%
	AAT	B	0.01%
	AZZ	B	0.01%
	AEIS	B	0.01%
	AVNS	F	0.01%
	HPP	F	0.01%
	EFC	C	0.01%
	CENX	B	0.01%
	MODG	F	0.01%
	HAE	B	0.01%
	TDC	F	0.01%
	ZD	B	0.01%
	HAIN	F	0.01%
	CVLT	B	0.01%
	SCHL	F	0.01%
	GFF	B	0.01%
	RDNT	B	0.01%
	CHEF	B	0.01%
	CWT	D	0.01%
	HAFC	B	0.01%
	HCSG	B	0.01%
	CHCO	B	0.01%
	OLED	F	0.01%
	HWKN	C	0.01%
	INN	D	0.01%
	NBHC	B	0.01%
	HLX	C	0.01%
	EPC	F	0.01%
	AMWD	B	0.01%
	GDOT	C	0.01%
	CHH	B	0.01%
	FSS	C	0.01%
	FIZZ	C	0.01%
	WRLD	C	0.01%
	SMPL	B	0.01%
	FWRD	C	0.01%
	APOG	B	0.01%
	VSAT	F	0.01%
	GTY	C	0.01%
	CPK	A	0.01%
	SHAK	C	0.01%
	MRCY	B	0.01%
	DRH	C	0.01%
	NGVT	B	0.01%
	UCTT	F	0.01%
	ONTO	F	0.01%
	ESE	B	0.01%
	DNOW	B	0.01%
	MP	C	0.01%
	ELME	D	0.01%
	STRA	C	0.01%
	RGEN	C	0.01%
	MATV	F	0.01%
	WST	B	0.01%
	JBT	B	0.01%
	ESAB	B	0.01%
	PLAB	C	0.01%
	VRE	B	0.01%
	NHC	B	0.01%
	YELP	C	0.01%
	BKE	A	0.01%
	KELYA	F	0.01%
	JJSF	C	0.01%
	MEDP	D	0.01%
	FCPT	C	0.01%
	MMSI	B	0.01%
	CRI	D	0.01%
	SBCF	B	0.01%
	MCW	C	0.01%
	KWR	C	0.01%
	POWL	C	0.01%
	KNF	C	0.01%
	SHO	D	0.01%
	VIR	C	0.01%
	AMED	F	0.01%
	SKT	A	0.01%
	ALGT	B	0.01%
	AHCO	F	0.01%
	ENR	A	0.01%
	CGNX	C	0.01%
	EIG	A	0.01%
	OSIS	B	0.01%
	KN	B	0.01%
	NOVT	C	0.01%
	VC	F	0.01%
	ASIX	B	0.01%
	HQY	B	0.01%
	MYRG	B	0.01%
	LGND	C	0.01%
	MGEE	B	0.01%
	IBP	F	0.01%
	STC	C	0.01%
	SMCI	F	0.01%
	MORN	B	0.01%
	SPTN	F	0.01%
	CARG	B	0.01%
	BOOT	C	0.01%
	ALKS	C	0.01%
	CFFN	B	0.01%
	FELE	B	0.01%
	TBBK	B	0.01%
	CORT	B	0.01%
	KALU	C	0.01%
	BRBR	A	0.01%
	VTLE	C	0.01%
	TREX	C	0.01%
	CPF	B	0.01%
	SCVL	D	0.01%
	FND	F	0.01%
	MNRO	B	0.01%
	CASH	B	0.01%
	HALO	C	0.01%
	PLUS	F	0.01%
	CVCO	B	0.01%
	AXL	C	0.01%
	AMN	F	0.01%
	LXP	D	0.01%
	KLIC	C	0.01%
	IOSP	B	0.01%
	MC	B	0.01%
	OPCH	F	0.01%
	HI	C	0.01%
	HASI	F	0.01%
	TMP	B	0.01%
	LNTH	F	0.01%
	PAYC	B	0.01%
	PUMP	C	0.01%
	BLMN	F	0.01%
	BCPC	B	0.01%
	WD	D	0.01%
	OII	B	0.01%
	LGIH	F	0.01%
	PCTY	B	0.01%
	BRKR	F	0.01%
	PARR	F	0.01%
	NSP	F	0.01%
	NBR	C	0.01%
	ROIC	A	0.01%
	ARCB	C	0.01%
	B	A	0.01%
	LPG	D	0.01%
	EGBN	B	0.01%
	LTC	B	0.01%
	ENPH	F	0.01%
	RWT	D	0.01%
	UE	B	0.01%
	OFG	B	0.01%
	SSD	F	0.01%
	EXLS	B	0.01%
	XRX	F	0.01%
	ODP	F	0.01%
	PJT	B	0.01%
	AROC	B	0.01%
	DORM	B	0.01%
	SHOO	D	0.01%
	DXCM	C	0.01%
	NBIX	C	0.01%
	MASI	B	0.01%
	CENTA	C	0.01%
	AVAV	C	0.01%
	UNF	B	0.01%
	ENOV	C	0.01%
	GTLS	B	0.01%
	WGO	B	0.01%
	ANF	C	0.01%
	OMI	F	0.01%
	OMCL	C	0.01%
	DIOD	F	0.01%
	SXT	B	0.01%
	FTDR	B	0.01%
	DLX	B	0.01%
	BRKL	B	0.01%
	IRT	A	0.01%
	PHIN	B	0.01%
	FCF	B	0.01%
	NMIH	D	0.01%
	ORA	B	0.01%
	FBK	B	0.01%
	OTTR	C	0.01%
	CBRL	C	0.01%
	MTX	B	0.01%
	PCH	F	0.01%
	CCS	F	0.01%
	NPO	B	0.01%
	ITGR	B	0.01%
	PODD	B	0.01%
	INVA	C	0.01%
	SXC	B	0.01%
	HMN	B	0.01%
	DAY	B	0.01%
	PATK	C	0.01%
	EXPI	C	0.01%
	SHC	D	0.01%
	VSTO	A	0.01%
	AKR	B	0.01%
	ALGM	F	0.01%
	BDN	D	0.01%
	DAN	D	0.01%
	SFBS	B	0.01%
	ROL	C	0.01%
	CNXN	C	0.01%
	ENSG	C	0.01%
	LZB	B	0.01%
	SBSI	B	0.01%
	STBA	B	0.01%
	WMS	F	0.01%
	PECO	B	0.01%
	MTSI	B	0.01%
	KMT	B	0.01%
	HGV	B	0.01%
	DCOM	B	0.01%
	VAL	D	0.01%
	THS	F	0.01%
	RXO	C	0.01%
	NEU	C	0.01%
	BRC	B	0.01%
	APAM	B	0.01%
	SAH	B	0.01%
	PINC	B	0.01%
	NYT	C	0.01%
	RC	D	0.01%
	NBTB	B	0.01%
	CTRE	C	0.01%
	FUL	F	0.01%
	EPR	D	0.01%
	DPZ	C	0.01%
	SCSC	B	0.01%
	WSFS	B	0.01%
	PRK	B	0.01%
	BHLB	B	0.01%
	PBH	A	0.01%
	LCII	D	0.01%
	CAKE	B	0.01%
	LOPE	B	0.01%
	OUT	B	0.01%
	AEO	F	0.01%
	PIPR	B	0.01%
	FIX	B	0.01%
	KLG	F	0.01%
	UA	B	0.01%
	FCN	F	0.01%
	TEX	D	0.01%
	CRK	B	0.01%
	MPWR	F	0.01%
	OLLI	C	0.01%
	GRBK	D	0.01%
	KW	C	0.01%
	SABR	B	0.01%
	RBC	B	0.01%
	SBH	A	0.01%
	BOH	B	0.01%
	UNFI	B	0.01%
	KFY	B	0.01%
	PSMT	D	0.01%
	ECPG	C	0.01%
	GVA	B	0.01%
	SAIA	B	0.01%
	BCO	F	0.01%
	PSTG	D	0.01%
	CDP	C	0.01%
	WEX	D	0.01%
	ITRI	B	0.01%
	DEA	D	0.01%
	PMT	D	0.01%
	LRN	B	0.01%
	IDCC	B	0.01%
	DT	C	0.01%
	GMS	B	0.01%
	GIII	C	0.01%
	FN	C	0.01%
	ARI	C	0.01%
	EPRT	C	0.01%
	BGC	C	0.01%
	IIPR	F	0.01%
	VSH	F	0.01%
	FDP	B	0.01%
	WOR	F	0.01%
	FHI	A	0.01%
	WERN	B	0.01%
	NAVI	D	0.01%
	NWN	B	0.01%
	PBI	C	0.01%
	TTMI	B	0.01%
	VRSK	A	0.01%
	BDC	C	0.01%
	CROX	F	0.01%
	ENS	D	0.01%
	WS	B	0.01%
	HNI	B	0.01%
	MD	C	0.01%
	UVV	B	0.01%
	FBP	B	0.01%
	MSCI	B	0.01%
	FDS	A	0.01%
	PTEN	C	0.01%
	CBU	B	0.01%
	TRMK	B	0.01%
	COTY	D	0.01%
	CCOI	C	0.01%
	UCB	B	0.01%
	LBRT	F	0.01%
	DY	C	0.01%
	ICUI	D	0.01%
	NVST	C	0.01%
	ASGN	D	0.01%
	CHDN	B	0.01%
	ACIW	B	0.01%
	LEG	F	0.01%
	AMR	C	0.01%
	ACA	B	0.01%
	SPNT	B	0.01%
	AVA	C	0.01%
	UPBD	B	0.01%
	HTH	B	0.01%
	AXON	B	0.01%
	NJR	A	0.01%
	PEB	F	0.01%
	ASO	F	0.01%
	GNL	F	0.01%
	WKC	C	0.01%
	TALO	C	0.01%
	ANDE	D	0.01%
	HUBG	A	0.01%
	PPBI	B	0.01%
	KMPR	A	0.01%
	WWW	B	0.01%
	INDB	B	0.01%
	VBTX	B	0.01%
	DBX	B	0.01%
	CC	C	0.01%
	HOPE	B	0.01%
	PDCO	F	0.01%
	RGLD	C	0.01%
	MLKN	D	0.01%
	AORT	C	0.0%
	VICR	C	0.0%
	NPK	B	0.0%
	XPEL	B	0.0%
	WOLF	F	0.0%
	NARI	C	0.0%
	LESL	D	0.0%
	VCEL	B	0.0%
	AGYS	B	0.0%
	MSEX	C	0.0%
	GOGO	C	0.0%
	PGNY	F	0.0%
	EMBC	C	0.0%
	PCRX	C	0.0%
	STAA	F	0.0%
	CLB	C	0.0%
	CELH	F	0.0%
	TNDM	F	0.0%
	CERT	F	0.0%
	RGNX	D	0.0%
	ELF	C	0.0%
	TTGT	C	0.0%
	NABL	F	0.0%
	CRSR	C	0.0%
	TGI	B	0.0%
	COHU	C	0.0%
	HCI	B	0.0%
	LQDT	B	0.0%
	MYE	F	0.0%
	BMI	B	0.0%
	JBSS	F	0.0%
	SNCY	B	0.0%
	SSTK	D	0.0%
	AAON	B	0.0%
	NXRT	B	0.0%
	SEDG	F	0.0%
	BJRI	B	0.0%
	ICHR	C	0.0%
	CEVA	B	0.0%
	MXL	C	0.0%
	GKOS	B	0.0%
	SHEN	F	0.0%
	WT	B	0.0%
	IIIN	C	0.0%
	SITM	B	0.0%
	MGPI	F	0.0%
	CARS	B	0.0%
	DGII	B	0.0%
	AHH	D	0.0%
	GPRE	F	0.0%
	TRUP	B	0.0%
	WING	D	0.0%
	CYTK	C	0.0%
	WSR	B	0.0%
	CENT	C	0.0%
	THRY	F	0.0%
	ASTE	B	0.0%
	COLL	F	0.0%
	SLAB	F	0.0%
	IRWD	D	0.0%
	EPAC	B	0.0%
	PAYO	B	0.0%
	VECO	F	0.0%
	PEN	C	0.0%
	CTS	C	0.0%
	RGR	F	0.0%
	HRMY	D	0.0%
	USNA	C	0.0%
	JACK	C	0.0%
	THRM	F	0.0%
	CPRX	C	0.0%
	VVI	B	0.0%
	TNC	F	0.0%
	SXI	B	0.0%
	XNCR	B	0.0%
	PRLB	C	0.0%
	SPSC	F	0.0%
	LNN	B	0.0%
	KNSL	C	0.0%
	PZZA	D	0.0%
	SONO	C	0.0%
	PRVA	B	0.0%
	GDEN	B	0.0%
	MTUS	D	0.0%
	HTLD	B	0.0%
	IRDM	B	0.0%
	HSII	B	0.0%
	SJW	F	0.0%
	POWI	D	0.0%
	KOP	C	0.0%
	ALRM	C	0.0%
	AMPH	C	0.0%
	WDFC	B	0.0%
	ALG	B	0.0%
	AOSL	D	0.0%
	WNC	C	0.0%
	EXTR	C	0.0%
	MATW	C	0.0%
	BLKB	C	0.0%
	DFIN	D	0.0%
	OXM	D	0.0%
	LIVN	C	0.0%
	FTRE	D	0.0%
	MYGN	F	0.0%
	CNMD	C	0.0%
	CALX	F	0.0%
	EYE	C	0.0%
	JOE	F	0.0%
	WABC	B	0.0%
	RCUS	F	0.0%
	HLIT	D	0.0%
	BSIG	B	0.0%
	UHT	D	0.0%
	CSGS	B	0.0%
	UFPT	C	0.0%
	REX	C	0.0%
	QLYS	B	0.0%
	USPH	C	0.0%
	PLMR	A	0.0%
	AMSF	B	0.0%
	SMP	B	0.0%
	NX	C	0.0%
	EXPO	D	0.0%
	ACLS	F	0.0%
	RAMP	C	0.0%
	AIR	B	0.0%
	AZTA	F	0.0%
	VIAV	C	0.0%
	ETD	D	0.0%
	HTZ	C	0.0%
	LSCC	D	0.0%
	HAYN	A	0.0%
	VRRM	D	0.0%
	BGS	F	0.0%
	FLGT	F	0.0%
	NVEE	F	0.0%
	NVRI	F	0.0%
	DVAX	B	0.0%
	FOXF	F	0.0%
	CNSL	C	0.0%
	AMBC	C	0.0%
	MRTN	C	0.0%
	ENV	B	0.0%
	FBRT	C	0.0%
	TWI	F	0.0%
	MANH	C	0.0%
	BOX	A	0.0%
	HZO	F	0.0%
	EVTC	C	0.0%
	NTCT	B	0.0%
	TR	B	0.0%
	LKFN	B	0.0%
	NEO	B	0.0%
	PRGS	A	0.0%
	HAYW	B	0.0%
	GES	F	0.0%
	UTL	C	0.0%
	NEOG	D	0.0%
	ROG	D	0.0%
	SVC	F	0.0%
	CRVL	B	0.0%
	PLNT	A	0.0%
	ASTH	F	0.0%
	CVI	F	0.0%
	PAHC	B	0.0%
	TRIP	D	0.0%
	TILE	B	0.0%
	CSR	B	0.0%
	HELE	C	0.0%
	VTOL	B	0.0%
	DXPE	B	0.0%
	ADUS	D	0.0%
	RMBS	C	0.0%
	MTRN	B	0.0%
	IPAR	B	0.0%
	PRAA	C	0.0%
	TECH	D	0.0%
	PLAY	C	0.0%
	BFS	C	0.0%
	ROCK	C	0.0%
	SUPN	C	0.0%
	PRA	B	0.0%
	SMTC	C	0.0%
	MSA	D	0.0%
	ALEX	B	0.0%
	TRST	B	0.0%
	CAL	D	0.0%
	TFIN	B	0.0%
	GO	C	0.0%

VLU Underweight 64 Positions Relative to STXV

	Symbol	Grade	Weight
	STLA	F	-0.18%
	AER	B	-0.13%
	DELL	C	-0.12%
	FLEX	B	-0.1%
	MKL	A	-0.1%
	LNG	B	-0.09%
	KKR	B	-0.07%
	DOX	C	-0.06%
	SSNC	C	-0.06%
	ALSN	B	-0.06%
	RPRX	F	-0.06%
	WAL	B	-0.06%
	CNH	D	-0.06%
	CRBG	C	-0.05%
	BPOP	C	-0.05%
	FCNCA	B	-0.05%
	ACI	C	-0.04%
	GEV	B	-0.04%
	OMF	A	-0.04%
	SIRI	C	-0.04%
	COLD	F	-0.04%
	AGNC	C	-0.04%
	APG	C	-0.03%
	IAC	F	-0.03%
	LBRDK	C	-0.03%
	TPG	B	-0.03%
	ELAN	C	-0.03%
	UHAL	D	-0.03%
	AXS	A	-0.03%
	ADTN	B	-0.02%
	SUI	F	-0.02%
	Z	B	-0.02%
	AVTR	F	-0.02%
	HUN	F	-0.02%
	HESM	C	-0.02%
	RIG	C	-0.02%
	MSTR	B	-0.02%
	GTES	B	-0.02%
	W	F	-0.02%
	NFE	F	-0.01%
	CRSP	D	-0.01%
	RKT	F	-0.01%
	LEVI	F	-0.01%
	BOKF	B	-0.01%
	RHP	B	-0.01%
	CACC	D	-0.01%
	CLVT	F	-0.01%
	DDS	B	-0.01%
	AGR	C	-0.01%
	IGT	F	-0.01%
	REYN	D	-0.01%
	SEG	F	-0.0%
	WMG	B	-0.0%
	UWMC	F	-0.0%
	UHAL	D	-0.0%
	PCOR	B	-0.0%
	SITE	D	-0.0%
	IONS	F	-0.0%
	HHH	B	-0.0%
	ZG	B	-0.0%
	ALTR	C	-0.0%
	LBRDA	C	-0.0%
	TNET	C	-0.0%
	TFSL	A	-0.0%

VLU: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Semiconductors Oil & Gas E&P Biotechnology Business Services Packaged Foods Specialty Chemicals REIT - Diversified Specialty Retail Asset Management Diagnostics & Research Utilities - Regulated Electric Insurance - Property & Casualty REIT - Retail Building Materials Restaurants Aerospace & Defense Capital Markets

Keywords: S&P 500 Bank Nasdaq 100 Banking Natural Gas Real Estate Investment Trust Insurance Chemical Computing Aerospace Electronics Mining Medicine Semiconductor Electricity Deposit Products Telecommunications Transport Commercial Banking Clothing

STXV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Oil & Gas E&P Asset Management Packaged Foods Specialty Retail Business Services Packaging & Containers Insurance - Property & Casualty REIT - Residential Information Technology Services REIT - Industrial Semiconductors Aerospace & Defense Capital Markets Credit Services Scientific & Technical Instruments Specialty Chemicals Diagnostics & Research

Keywords: S&P 500 Natural Gas Nasdaq 100 Insurance Bank Real Estate Investment Trust Electricity Banking Aerospace Chemical Electronics Mining Insurance Products Computing Dow Jones Component Telecommunications Beverage Commercial Banking Financial Products Plastic