VUSE vs. PAPI ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to Parametric Equity Premium Income ETF (PAPI)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$60.68

Average Daily Volume

12,254

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.85

Average Daily Volume

32,973

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	VUSE	PAPI
30 Days	4.01%	2.11%
60 Days	7.07%	3.48%
90 Days	8.95%	4.02%
12 Months	25.76%	18.27%

26 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in PAPI	Overlap
ABBV	F	1.01%	0.46%	0.46%
ADP	A	1.02%	0.54%	0.54%
AOS	F	0.19%	0.48%	0.19%
BMI	B	0.23%	0.52%	0.23%
CMCSA	B	0.13%	0.54%	0.13%
COST	A	0.78%	0.54%	0.54%
CVX	A	2.02%	0.57%	0.57%
EA	A	0.52%	0.59%	0.52%
EOG	A	0.43%	0.56%	0.43%
FAST	B	0.56%	0.56%	0.56%
IDCC	B	0.8%	0.61%	0.61%
JKHY	D	0.41%	0.49%	0.41%
JNJ	C	1.76%	0.5%	0.5%
KO	D	1.56%	0.45%	0.45%
MO	A	1.0%	0.59%	0.59%
MRK	D	1.49%	0.46%	0.46%
MSFT	D	1.8%	0.53%	0.53%
MTG	C	0.46%	0.5%	0.46%
NYT	D	0.56%	0.5%	0.5%
PAYX	B	0.51%	0.53%	0.51%
PG	C	1.2%	0.52%	0.52%
SYK	B	0.73%	0.57%	0.57%
T	A	1.1%	0.55%	0.55%
TJX	A	0.93%	0.54%	0.54%
WMT	A	2.06%	0.54%	0.54%
XOM	B	1.89%	0.52%	0.52%

VUSE Overweight 100 Positions Relative to PAPI

Symbol	Grade	Weight
AMZN	C	2.68%
ORCL	A	2.4%
V	A	2.17%
JPM	A	2.09%
MA	B	2.08%
HD	B	2.05%
BAC	A	1.97%
AAPL	C	1.87%
NVDA	B	1.84%
AVGO	D	1.72%
BKNG	A	1.54%
NFLX	A	1.44%
MSI	B	1.33%
CMG	B	1.25%
ECL	D	1.16%
SNPS	B	1.16%
MAR	A	1.12%
UBER	F	1.11%
RDDT	A	1.04%
AMAT	F	1.02%
SBUX	A	0.98%
META	D	0.97%
GOOGL	C	0.96%
MCD	D	0.94%
SHW	B	0.93%
POWL	C	0.87%
ADBE	C	0.83%
FTNT	C	0.81%
LLY	F	0.81%
TMUS	B	0.78%
EME	A	0.77%
AMP	A	0.75%
IESC	C	0.74%
AYI	B	0.74%
PIPR	A	0.73%
ITW	B	0.72%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
KLAC	F	0.69%
FICO	B	0.69%
EQH	C	0.66%
WDAY	B	0.66%
NOW	A	0.65%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	C	0.6%
CTAS	B	0.59%
NRG	B	0.58%
GWW	B	0.56%
BOX	B	0.55%
PLMR	A	0.54%
UTHR	C	0.54%
TDG	D	0.52%
VST	A	0.5%
RMD	C	0.5%
NKE	F	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	C	0.5%
IT	C	0.5%
CASH	B	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	B	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	B	0.46%
JLL	D	0.46%
PLAB	C	0.46%
SHO	D	0.45%
DFIN	D	0.42%
BSX	A	0.41%
MTD	F	0.39%
ANET	C	0.38%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
DOCU	B	0.29%
HCC	B	0.27%
PANW	B	0.26%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	F	0.2%
MEDP	D	0.18%
APPF	B	0.15%
SPG	A	0.14%
ABNB	C	0.14%
PSTG	D	0.13%
SEIC	B	0.11%

VUSE Underweight 163 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	A	-0.63%
DTM	A	-0.62%
BKR	A	-0.62%
EMR	B	-0.61%
OKE	A	-0.61%
UNM	A	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
PB	B	-0.59%
IDA	A	-0.59%
KMI	A	-0.58%
CINF	A	-0.58%
JHG	B	-0.58%
WMB	A	-0.58%
JCI	B	-0.58%
WHR	B	-0.57%
RHI	C	-0.57%
TRV	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
LH	B	-0.57%
TXRH	B	-0.57%
FOXA	A	-0.57%
XEL	A	-0.57%
CMI	A	-0.57%
WSO	A	-0.56%
CAH	B	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
PM	B	-0.56%
TROW	B	-0.56%
COP	C	-0.56%
VLO	C	-0.55%
PPL	A	-0.55%
DCI	B	-0.55%
INGR	C	-0.55%
UNH	B	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
OGE	A	-0.55%
GNTX	C	-0.54%
MOS	F	-0.54%
PAG	B	-0.54%
COR	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
CSCO	B	-0.54%
CHD	A	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
MTN	C	-0.54%
AEE	A	-0.54%
CTSH	B	-0.53%
LHX	C	-0.53%
AM	A	-0.53%
GILD	C	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
ATO	A	-0.53%
MSM	C	-0.53%
COLM	C	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
HP	C	-0.52%
LNT	A	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
NFG	A	-0.52%
ATR	B	-0.52%
PEG	A	-0.52%
UPS	C	-0.52%
HPQ	B	-0.52%
EXPD	C	-0.52%
PSX	C	-0.52%
CHRD	D	-0.52%
WEC	A	-0.52%
CME	B	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
DD	C	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
LKQ	F	-0.51%
OXM	F	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
DUK	C	-0.5%
RTX	D	-0.5%
POWI	F	-0.5%
DVN	F	-0.5%
FE	C	-0.5%
GD	D	-0.5%
ACN	B	-0.5%
VZ	C	-0.5%
CCOI	B	-0.5%
SNX	D	-0.5%
PFG	D	-0.5%
AEP	C	-0.5%
RGLD	C	-0.5%
BG	D	-0.5%
D	C	-0.5%
SO	C	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
OMC	C	-0.49%
CHE	D	-0.49%
KMB	C	-0.49%
BBY	D	-0.49%
PPG	F	-0.49%
SON	F	-0.49%
FLO	D	-0.49%
LIN	C	-0.49%
EMN	C	-0.49%
QCOM	F	-0.49%
HRL	D	-0.49%
CAG	F	-0.48%
LYB	F	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
ED	C	-0.48%
PEP	F	-0.48%
RPRX	D	-0.48%
LEA	F	-0.48%
WU	F	-0.48%
SHOO	F	-0.47%
AMCR	C	-0.47%
LEN	D	-0.47%
CI	D	-0.47%
ADM	D	-0.47%
KDP	F	-0.46%
ASH	F	-0.46%
FMC	D	-0.46%
HAS	D	-0.46%
KHC	F	-0.46%
IBM	C	-0.46%
IPG	D	-0.45%
SWKS	F	-0.45%
GPC	D	-0.45%
DHR	F	-0.45%
ESNT	F	-0.45%
HUN	F	-0.44%
MAN	F	-0.44%
DOW	F	-0.44%
PFE	F	-0.44%
INSW	F	-0.44%
PII	F	-0.43%
ELV	F	-0.43%
CVI	F	-0.42%
CRI	F	-0.41%
HII	F	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%