Vident’s proprietary investment philosophy is expressed through distinct fundamentals that we believe should be top of mind when it comes to investing. These fundamentals are woven through the construction of the Vident U.S. Quality Index™ (VQUSX) and the Vident U.S. Equity Strategy ETF™ that tracks it. The application of Vident’s investment methodology seeks to produce a portfolio with exposure to companies with high-quality governance and management standards that are trading at reasonable valuations relative to the market.
02/27/2026
UNCERTAINTY & INSTABILITY
Systematically distributes constituent weightings across giant, large, and small/mid (SMID) market capitalization segments to achieve a well-diversified and resilient portfolio.
HUMAN PRODUCTIVITY
Stock selection that emphasizes strong quality earnings and favors companies that offer capital efficiency and productivity.
GOVERNANCE
Seeks to reduce exposure to companies with high corporate governance risks by utilizing governance risk scores that are derived from three categories: board metrics, incentives alignment, and ownership and control.
MOMENTUM
Employs a multi-factor model for scoring and ranking stocks that considers momentum characteristics through the lens of a quality screen.
| index | Month End Performance (As of 01/31/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | -0.33% | -0.27% |
| 2 | 3 Month | -0.02% | -0.15% |
| 3 | Year To Date | -0.33% | -0.27% |
| 4 | Since Inception* | 207.81% | 208.07% |
| 5 | Average Annual | ||
| 6 | 1 Year | 8.19% | 8.31% |
| 7 | 3 Year | 14.66% | 14.61% |
| 8 | 5 Year | 14.19% | 14.19% |
| 9 | 10 Year | 12.36% | 12.39% |
| 10 | Since Inception* | 9.80% | 9.81% |
| index | Quarter End Performance (As of 12/31/2025) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | Quarter | -0.45% | -0.50% |
| 2 | Year To Date | 13.20% | 13.18% |
| 3 | Since Inception* | 208.81% | 208.89% |
| 4 | Average Annual | ||
| 5 | 1 Year | 13.20% | 13.18% |
| 6 | 3 Year | 17.62% | 17.67% |
| 7 | 5 Year | 14.86% | 14.87% |
| 8 | 10 Year | 11.70% | 11.69% |
| 9 | Since Inception* | 9.90% | 9.90% |
*Fund Inception Date: 1/21/2014
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short term performance is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
As of DATE
| index | Name | Ticker | CUSIP or Other Identifier | Weight | Shares |
|---|---|---|---|---|---|
| 0 | AbbVie Inc | ABBV | 00287Y109 | 2.49% | 67,740 |
| 1 | Eli Lilly & Co | LLY | 532457108 | 2.47% | 14,849 |
| 2 | Alphabet Inc | GOOGL | 02079K305 | 2.46% | 49,773 |
| 3 | Broadcom Inc | AVGO | 11135F101 | 2.40% | 47,528 |
| 4 | NVIDIA Corp | NVDA | 67066G104 | 2.25% | 80,246 |
| 5 | Mastercard Inc | MA | 57636Q104 | 2.04% | 24,860 |
| 6 | Visa Inc | V | 92826C839 | 2.04% | 40,300 |
| 7 | Berkshire Hathaway Inc | BRK/B | 084670702 | 2.00% | 25,035 |
| 8 | Meta Platforms Inc | META | 30303M102 | 1.99% | 19,365 |
| 9 | Costco Wholesale Corp | COST | 22160K105 | 1.98% | 12,400 |
| 10 | Johnson & Johnson | JNJ | 478160104 | 1.98% | 50,268 |
| 11 | Microsoft Corp | MSFT | 594918104 | 1.98% | 31,824 |
| 12 | Walmart Inc | WMT | 931142103 | 1.98% | 97,671 |
| 13 | Amazon.com Inc | AMZN | 023135106 | 1.97% | 59,358 |
| 14 | Oracle Corp | ORCL | 68389X105 | 1.95% | 84,722 |
| 15 | Home Depot Inc/The | HD | 437076102 | 1.94% | 32,199 |
| 16 | Apple Inc | AAPL | 037833100 | 1.90% | 45,486 |
| 17 | Intuit Inc | INTU | 461202103 | 1.40% | 21,569 |
| 18 | Newmont Corp | NEM | 651639106 | 1.28% | 62,352 |
| 19 | Western Digital Corp | WDC | 958102105 | 1.27% | 28,652 |
| 20 | Constellation Energy Corp | CEG | 21037T109 | 1.26% | 24,094 |
| 21 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.26% | 19,586 |
| 22 | TJX Cos Inc/The | TJX | 872540109 | 1.26% | 49,032 |
| 23 | Howmet Aerospace Inc | HWM | 443201108 | 1.24% | 29,744 |
| 24 | Micron Technology Inc | MU | 595112103 | 1.21% | 18,514 |
| 25 | Lam Research Corp | LRCX | 512807306 | 1.17% | 31,679 |
| 26 | Exxon Mobil Corp | XOM | 30231G102 | 1.10% | 45,659 |
| 27 | Salesforce Inc | CRM | 79466L302 | 1.03% | 33,383 |
| 28 | Moody's Corp | MCO | 615369105 | 1.03% | 13,678 |
| 29 | Booking Holdings Inc | BKNG | 09857L108 | 1.02% | 1,521 |
| 30 | Adobe Inc | ADBE | 00724F101 | 1.01% | 24,257 |
| 31 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.99% | 100,485 |
| 32 | Colgate-Palmolive Co | CL | 194162103 | 0.99% | 63,092 |
| 33 | Gilead Sciences Inc | GILD | 375558103 | 0.99% | 41,926 |
| 34 | Altria Group Inc | MO | 02209S103 | 0.98% | 89,385 |
| 35 | Illinois Tool Works Inc | ITW | 452308109 | 0.97% | 21,015 |
| 36 | Sherwin-Williams Co/The | SHW | 824348106 | 0.97% | 16,972 |
| 37 | Netflix Inc | NFLX | 64110L106 | 0.95% | 62,025 |
| 38 | Clear Secure Inc | YOU | 18467V109 | 0.89% | 115,587 |
| 39 | Uber Technologies Inc | UBER | 90353T100 | 0.81% | 67,810 |
| 40 | Southern Copper Corp | SCCO | 84265V105 | 0.80% | 23,028 |
| 41 | Progressive Corp/The | PGR | 743315103 | 0.79% | 23,488 |
| 42 | Cintas Corp | CTAS | 172908105 | 0.78% | 24,377 |
| 43 | Parker-Hannifin Corp | PH | 701094104 | 0.76% | 4,731 |
| 44 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.75% | 15,293 |
| 45 | T-Mobile US Inc | TMUS | 872590104 | 0.75% | 21,804 |
| 46 | Sezzle Inc | SEZL | 78435P105 | 0.74% | 63,787 |
| 47 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.72% | 15,096 |
| 48 | eBay Inc | EBAY | 278642103 | 0.65% | 45,353 |
| 49 | UiPath Inc | PATH | 90364P105 | 0.65% | 383,780 |
| 50 | New York Times Co/The | NYT | 650111107 | 0.64% | 51,012 |
| 51 | Abercrombie & Fitch Co | ANF | 002896207 | 0.63% | 40,727 |
| 52 | AppLovin Corp | APP | 03831W108 | 0.63% | 9,132 |
| 53 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.63% | 13,202 |
| 54 | Reddit Inc | RDDT | 75734B100 | 0.63% | 27,228 |
| 55 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.62% | 72,914 |
| 56 | Federated Hermes Inc | FHI | 314211103 | 0.62% | 69,831 |
| 57 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.62% | 5,964 |
| 58 | Palantir Technologies Inc | PLTR | 69608A108 | 0.61% | 27,890 |
| 59 | Exelixis Inc | EXEL | 30161Q104 | 0.60% | 85,705 |
| 60 | KLA CORP | KLAC | 482480100 | 0.58% | 2,391 |
| 61 | Vertiv Holdings Co | VRT | 92537N108 | 0.57% | 14,221 |
| 62 | Fair Isaac Corp | FICO | 303250104 | 0.56% | 2,522 |
| 63 | HubSpot Inc | HUBS | 443573100 | 0.56% | 13,288 |
| 64 | Morningstar Inc | MORN | 617700109 | 0.55% | 18,994 |
| 65 | Vicor Corp | VICR | 925815102 | 0.55% | 17,371 |
| 66 | InterDigital Inc | IDCC | 45867G101 | 0.53% | 9,170 |
| 67 | Pegasystems Inc | PEGA | 705573103 | 0.53% | 76,895 |
| 68 | Armstrong World Industries Inc | AWI | 04247X102 | 0.52% | 19,093 |
| 69 | Cargurus Inc | CARG | 141788109 | 0.52% | 106,796 |
| 70 | Erie Indemnity Co | ERIE | 29530P102 | 0.51% | 12,042 |
| 71 | Fortinet Inc | FTNT | 34959E109 | 0.51% | 41,140 |
| 72 | IES Holdings Inc | IESC | 44951W106 | 0.51% | 6,483 |
| 73 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.51% | 19,867 |
| 74 | Blue Bird Corp | BLBD | 095306106 | 0.50% | 53,666 |
| 75 | Fastenal Co | FAST | 311900104 | 0.50% | 68,103 |
| 76 | TechnipFMC PLC | FTI | G87110105 | 0.50% | 47,317 |
| 77 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.50% | 9,970 |
| 78 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.50% | 19,735 |
| 79 | PTC Inc | PTC | 69370C100 | 0.50% | 20,208 |
| 80 | Winmark Corp | WINA | 974250102 | 0.50% | 6,888 |
| 81 | F5 Inc | FFIV | 315616102 | 0.49% | 11,378 |
| 82 | Tidewater Inc | TDW | 88642R109 | 0.49% | 38,758 |
| 83 | Cirrus Logic Inc | CRUS | 172755100 | 0.48% | 21,330 |
| 84 | Covista Inc | CVSA | 00737L103 | 0.48% | 31,077 |
| 85 | Deckers Outdoor Corp | DECK | 243537107 | 0.48% | 25,591 |
| 86 | Federal Signal Corp | FSS | 313855108 | 0.48% | 26,246 |
| 87 | Gentex Corp | GNTX | 371901109 | 0.48% | 130,205 |
| 88 | St Joe Co/The | JOE | 790148100 | 0.46% | 39,990 |
| 89 | Nextpower Inc | NXT | 65290E101 | 0.46% | 27,663 |
| 90 | EMCOR Group Inc | EME | 29084Q100 | 0.44% | 3,836 |
| 91 | A O Smith Corp | AOS | 831865209 | 0.41% | 33,153 |
| 92 | SEI Investments Co | SEIC | 784117103 | 0.41% | 31,846 |
| 93 | Tradeweb Markets Inc | TW | 892672106 | 0.41% | 21,141 |
| 94 | Pathward Financial Inc | CASH | 59100U108 | 0.40% | 27,625 |
| 95 | Evercore Inc | EVR | 29977A105 | 0.40% | 8,168 |
| 96 | Fox Corp | FOXA | 35137L105 | 0.40% | 45,348 |
| 97 | DoorDash Inc | DASH | 25809K105 | 0.39% | 13,944 |
| 98 | Piper Sandler Cos | PIPR | 724078100 | 0.39% | 8,319 |
| 99 | Powell Industries Inc | POWL | 739128106 | 0.38% | 4,538 |
| 100 | Oceaneering International Inc | OII | 675232102 | 0.37% | 66,142 |
| 101 | Napco Security Technologies Inc | NSSC | 630402105 | 0.36% | 48,843 |
| 102 | Advanced Micro Devices Inc | AMD | 007903107 | 0.35% | 11,177 |
| 103 | Boston Scientific Corp | BSX | 101137107 | 0.33% | 27,263 |
| 104 | Monster Beverage Corp | MNST | 61174X109 | 0.31% | 22,764 |
| 105 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.26% | 39,668 |
| 106 | Samsara Inc | IOT | 79589L106 | 0.26% | 57,010 |
| 107 | Appfolio Inc | APPF | 03783C100 | 0.25% | 8,936 |
| 108 | Qualys Inc | QLYS | 74758T303 | 0.25% | 17,111 |
| 109 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.25% | 57,498 |
| 110 | Cal-Maine Foods Inc | CALM | 128030202 | 0.24% | 17,550 |
| 111 | Manhattan Associates Inc | MANH | 562750109 | 0.24% | 11,141 |
| 112 | Pinterest Inc | PINS | 72352L106 | 0.24% | 87,654 |
| 113 | Rambus Inc | RMBS | 750917106 | 0.24% | 15,073 |
| 114 | Ubiquiti Inc | UI | 90353W103 | 0.24% | 1,969 |
| 115 | Zillow Group Inc | Z | 98954M200 | 0.24% | 33,975 |
| 116 | YETI Holdings Inc | YETI | 98585X104 | 0.23% | 32,651 |
| 117 | Trade Desk Inc/The | TTD | 88339J105 | 0.22% | 59,585 |
| 118 | United States Lime & Minerals Inc | USLM | 911922102 | 0.20% | 11,102 |
| 119 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.17% | 2,436 |
| 120 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.15% | 936,851 |
| 121 | Dave Inc | DAVE | 23834J201 | 0.14% | 4,670 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,341 |
| 123 | Toast Inc | TOST | 888787108 | 0.12% | 28,137 |
| 124 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.10% | 3,255 |
| 125 | United Therapeutics Corp | UTHR | 91307C102 | 0.10% | 1,311 |
| 126 | Vistra Corp | VST | 92840M102 | 0.10% | 3,607 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.04% | 249,679 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 28.83% |
| 1 | Financials | 14.65% |
| 2 | Health Care | 11.41% |
| 3 | Consumer Discretionary | 11.33% |
| 4 | Industrials | 11.03% |
| 5 | Communication Services | 9.19% |
| 6 | Consumer Staples | 6.37% |
| 7 | Materials | 2.73% |
| 8 | Energy | 2.15% |
| 9 | Utilities | 1.23% |
| 10 | Real Estate | 1.02% |
| 11 | Money Market Deposit Account | 0.06% |
As of DATE
As of DATE
| index | Ex-Dividend Date | Income | ST Cap Gains | MD Cap Gains | LT Cap Gains |
|---|---|---|---|---|---|
| 0 | 12/17/2025 | 0.048700570 | |||
| 1 | 09/17/2025 | 0.134207430 | |||
| 2 | 06/17/2025 | 0.063574490 | |||
| 3 | 03/18/2025 | 0.065019720 | |||
| 4 | 12/17/2024 | 0.253758710 | |||
| 5 | 09/17/2024 | 0.019708230 | |||
| 6 | 06/11/2024 | 0.133350840 | |||
| 7 | 03/12/2024 | 0.087451510 | |||
| 8 | 12/15/2023 | 0.308894140 | |||
| 9 | 09/12/2023 | 0.003221910 | |||
| 10 | 06/13/2023 | 0.160954190 | |||
| 11 | 03/14/2023 | 0.1131668 | |||
| 12 | 12/16/2022 | 0.38876403 | |||
| 13 | 09/13/2022 | 0.01002448 | |||
| 14 | 06/14/2022 | 0.15395516 | |||
| 15 | 03/15/2022 | 0.10121481 | |||
| 16 | 12/17/2021 | 0.33335153 | |||
| 17 | 09/14/2021 | 0.01343585 | |||
| 18 | 06/15/2021 | 0.11549275 | |||
| 19 | 03/16/2021 | 0.07891059 | |||
| 20 | 12/18/2020 | 0.26098731 | |||
| 21 | 09/15/2020 | 0.01178418 | |||
| 22 | 06/16/2020 | 0.11193304 | |||
| 23 | 03/17/2020 | 0.07918688 | |||
| 24 | 12/19/2019 | 0.25784953 | |||
| 25 | 09/17/2019 | 0.02308849 | |||
| 26 | 06/18/2019 | 0.1327283 | |||
| 27 | 03/19/2019 | 0.11971005 | |||
| 28 | 12/19/2018 | 0.22649181 | |||
| 29 | 09/18/2018 | 0.01714441 | |||
| 30 | 06/19/2018 | 0.10338587 | |||
| 31 | 03/20/2018 | 0.08644061 | |||
| 32 | 12/21/2017 | 0.21249523 | |||
| 33 | 09/19/2017 | 0.0223068 | |||
| 34 | 06/13/2017 | 0.08469624 | |||
| 35 | 03/14/2017 | 0.06883529 | |||
| 36 | 12/23/2016 | 0.1075908 | |||
| 37 | 09/13/2016 | 0.01296064 | |||
| 38 | 06/14/2016 | 0.10002478 | |||
| 39 | 03/15/2016 | 0.1416389 | |||
| 40 | 12/29/2015 | 0.19800834 | |||
| 41 | 09/22/2015 | 0.02405747 | |||
| 42 | 06/16/2015 | 0.10630864 | |||
| 43 | 03/17/2015 | 0.10128952 | |||
| 44 | 12/16/2014 | 0.12639314 | 0.00094 | NULL | |
| 45 | 09/16/2014 | 0.09380128 | |||
| 46 | 06/17/2014 | 0.08583121 | |||
| 47 | 03/18/2014 | 0.03931572 |
