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.
04/08/2026
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 03/31/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | -5.11% | -5.24% |
| 2 | 3 Month | -4.77% | -4.78% |
| 3 | Year To Date | -4.77% | -4.78% |
| 4 | Since Inception* | 194.09% | 194.12% |
| 5 | Average Annual | ||
| 6 | 1 Year | 11.49% | 11.42% |
| 7 | 3 Year | 12.96% | 12.95% |
| 8 | 5 Year | 9.71% | 9.66% |
| 9 | 10 Year | 10.84% | 10.85% |
| 10 | Since Inception* | 9.25% | 9.25% |
| index | Quarter End Performance (As of 03/31/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | Quarter | -4.77% | -4.78% |
| 2 | Year To Date | -4.77% | -4.78% |
| 3 | Since Inception* | 194.09% | 194.12% |
| 4 | Average Annual | ||
| 5 | 1 Year | 11.49% | 11.42% |
| 6 | 3 Year | 12.96% | 12.95% |
| 7 | 5 Year | 9.71% | 9.66% |
| 8 | 10 Year | 10.84% | 10.85% |
| 9 | Since Inception* | 9.25% | 9.25% |
*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 | Broadcom Inc | AVGO | 11135F101 | 2.68% | 47,278 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.54% | 49,511 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.35% | 79,824 |
| 3 | AbbVie Inc | ABBV | 00287Y109 | 2.30% | 67,384 |
| 4 | Eli Lilly & Co | LLY | 532457108 | 2.28% | 14,771 |
| 5 | Amazon.com Inc | AMZN | 023135106 | 2.11% | 59,046 |
| 6 | Costco Wholesale Corp | COST | 22160K105 | 2.05% | 12,334 |
| 7 | Mastercard Inc | MA | 57636Q104 | 2.02% | 24,730 |
| 8 | Visa Inc | V | 92826C839 | 2.00% | 40,088 |
| 9 | Walmart Inc | WMT | 931142103 | 2.00% | 97,159 |
| 10 | Johnson & Johnson | JNJ | 478160104 | 1.95% | 50,004 |
| 11 | Oracle Corp | ORCL | 68389X105 | 1.95% | 84,278 |
| 12 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.93% | 24,903 |
| 13 | Microsoft Corp | MSFT | 594918104 | 1.92% | 31,656 |
| 14 | Meta Platforms Inc | META | 30303M102 | 1.91% | 19,263 |
| 15 | Apple Inc | AAPL | 037833100 | 1.89% | 45,248 |
| 16 | Home Depot Inc/The | HD | 437076102 | 1.74% | 32,029 |
| 17 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.56% | 19,484 |
| 18 | Western Digital Corp | WDC | 958102105 | 1.56% | 28,502 |
| 19 | Intuit Inc | INTU | 461202103 | 1.35% | 21,455 |
| 20 | TJX Cos Inc/The | TJX | 872540109 | 1.27% | 48,774 |
| 21 | Lam Research Corp | LRCX | 512807306 | 1.26% | 31,513 |
| 22 | Micron Technology Inc | MU | 595112103 | 1.21% | 18,416 |
| 23 | Howmet Aerospace Inc | HWM | 443201108 | 1.20% | 29,588 |
| 24 | Newmont Corp | NEM | 651639106 | 1.18% | 62,024 |
| 25 | Exxon Mobil Corp | XOM | 30231G102 | 1.15% | 45,419 |
| 26 | Booking Holdings Inc | BKNG | 09857L108 | 1.11% | 37,825 |
| 27 | Constellation Energy Corp | CEG | 21037T109 | 1.10% | 23,968 |
| 28 | Netflix Inc | NFLX | 64110L106 | 0.99% | 61,699 |
| 29 | Moody's Corp | MCO | 615369105 | 0.98% | 13,606 |
| 30 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.96% | 99,957 |
| 31 | Altria Group Inc | MO | 02209S103 | 0.96% | 88,915 |
| 32 | Gilead Sciences Inc | GILD | 375558103 | 0.95% | 41,706 |
| 33 | Salesforce Inc | CRM | 79466L302 | 0.94% | 33,207 |
| 34 | Clear Secure Inc | YOU | 18467V109 | 0.94% | 114,981 |
| 35 | Adobe Inc | ADBE | 00724F101 | 0.93% | 24,129 |
| 36 | Sherwin-Williams Co/The | SHW | 824348106 | 0.92% | 16,882 |
| 37 | Illinois Tool Works Inc | ITW | 452308109 | 0.91% | 20,905 |
| 38 | Colgate-Palmolive Co | CL | 194162103 | 0.87% | 62,760 |
| 39 | Uber Technologies Inc | UBER | 90353T100 | 0.79% | 67,454 |
| 40 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.75% | 15,016 |
| 41 | Progressive Corp/The | PGR | 743315103 | 0.75% | 23,364 |
| 42 | Parker-Hannifin Corp | PH | 701094104 | 0.73% | 4,707 |
| 43 | eBay Inc | EBAY | 278642103 | 0.71% | 45,115 |
| 44 | Sezzle Inc | SEZL | 78435P105 | 0.71% | 63,453 |
| 45 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.70% | 72,532 |
| 46 | New York Times Co/The | NYT | 650111107 | 0.69% | 50,744 |
| 47 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.69% | 15,213 |
| 48 | Southern Copper Corp | SCCO | 84265V105 | 0.69% | 22,908 |
| 49 | T-Mobile US Inc | TMUS | 872590104 | 0.69% | 21,690 |
| 50 | Cintas Corp | CTAS | 172908105 | 0.68% | 24,249 |
| 51 | Abercrombie & Fitch Co | ANF | 002896207 | 0.67% | 40,513 |
| 52 | Federated Hermes Inc | FHI | 314211103 | 0.64% | 69,465 |
| 53 | KLA CORP | KLAC | 482480100 | 0.64% | 2,379 |
| 54 | UiPath Inc | PATH | 90364P105 | 0.64% | 381,766 |
| 55 | Vertiv Holdings Co | VRT | 92537N108 | 0.64% | 14,147 |
| 56 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.63% | 13,132 |
| 57 | Palantir Technologies Inc | PLTR | 69608A108 | 0.63% | 27,744 |
| 58 | Reddit Inc | RDDT | 75734B100 | 0.63% | 27,086 |
| 59 | Exelixis Inc | EXEL | 30161Q104 | 0.61% | 85,255 |
| 60 | Cargurus Inc | CARG | 141788109 | 0.59% | 106,236 |
| 61 | Covista Inc | CVSA | 00737L103 | 0.59% | 30,913 |
| 62 | AppLovin Corp | APP | 03831W108 | 0.57% | 9,084 |
| 63 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.57% | 5,932 |
| 64 | F5 Inc | FFIV | 315616102 | 0.56% | 11,318 |
| 65 | TechnipFMC PLC | FTI | G87110105 | 0.55% | 47,069 |
| 66 | Fortinet Inc | FTNT | 34959E109 | 0.55% | 40,924 |
| 67 | IES Holdings Inc | IESC | 44951W106 | 0.55% | 6,449 |
| 68 | Tidewater Inc | TDW | 88642R109 | 0.55% | 38,554 |
| 69 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.54% | 19,631 |
| 70 | Armstrong World Industries Inc | AWI | 04247X102 | 0.53% | 18,993 |
| 71 | Blue Bird Corp | BLBD | 095306106 | 0.53% | 53,384 |
| 72 | Cirrus Logic Inc | CRUS | 172755100 | 0.53% | 21,218 |
| 73 | Fastenal Co | FAST | 311900104 | 0.53% | 67,745 |
| 74 | Morningstar Inc | MORN | 617700109 | 0.53% | 18,894 |
| 75 | Nextpower Inc | NXT | 65290E101 | 0.52% | 27,517 |
| 76 | InterDigital Inc | IDCC | 45867G101 | 0.51% | 9,122 |
| 77 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.51% | 9,918 |
| 78 | Pegasystems Inc | PEGA | 705573103 | 0.51% | 76,491 |
| 79 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.50% | 19,763 |
| 80 | Vicor Corp | VICR | 925815102 | 0.50% | 17,279 |
| 81 | EMCOR Group Inc | EME | 29084Q100 | 0.49% | 3,816 |
| 82 | Erie Indemnity Co | ERIE | 29530P102 | 0.49% | 11,978 |
| 83 | Winmark Corp | WINA | 974250102 | 0.49% | 6,852 |
| 84 | Federal Signal Corp | FSS | 313855108 | 0.48% | 26,108 |
| 85 | Powell Industries Inc | POWL | 739128106 | 0.48% | 13,542 |
| 86 | Gentex Corp | GNTX | 371901109 | 0.47% | 129,521 |
| 87 | HubSpot Inc | HUBS | 443573100 | 0.47% | 13,218 |
| 88 | PTC Inc | PTC | 69370C100 | 0.47% | 20,102 |
| 89 | Deckers Outdoor Corp | DECK | 243537107 | 0.44% | 25,457 |
| 90 | Fair Isaac Corp | FICO | 303250104 | 0.44% | 2,508 |
| 91 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,110 |
| 92 | Piper Sandler Cos | PIPR | 724078209 | 0.44% | 33,100 |
| 93 | Evercore Inc | EVR | 29977A105 | 0.43% | 8,126 |
| 94 | St Joe Co/The | JOE | 790148100 | 0.43% | 39,780 |
| 95 | Tradeweb Markets Inc | TW | 892672106 | 0.43% | 21,031 |
| 96 | Advanced Micro Devices Inc | AMD | 007903107 | 0.42% | 11,119 |
| 97 | Pathward Financial Inc | CASH | 59100U108 | 0.42% | 27,479 |
| 98 | SEI Investments Co | SEIC | 784117103 | 0.40% | 31,678 |
| 99 | Oceaneering International Inc | OII | 675232102 | 0.39% | 65,794 |
| 100 | A O Smith Corp | AOS | 831865209 | 0.36% | 32,979 |
| 101 | DoorDash Inc | DASH | 25809K105 | 0.36% | 13,870 |
| 102 | Napco Security Technologies Inc | NSSC | 630402105 | 0.33% | 48,587 |
| 103 | Ubiquiti Inc | UI | 90353W103 | 0.29% | 1,959 |
| 104 | Boston Scientific Corp | BSX | 101137107 | 0.27% | 27,119 |
| 105 | Samsara Inc | IOT | 79589L106 | 0.27% | 56,710 |
| 106 | Monster Beverage Corp | MNST | 61174X109 | 0.27% | 22,644 |
| 107 | Pinterest Inc | PINS | 72352L106 | 0.26% | 87,194 |
| 108 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.25% | 57,196 |
| 109 | Rambus Inc | RMBS | 750917106 | 0.25% | 14,993 |
| 110 | Manhattan Associates Inc | MANH | 562750109 | 0.24% | 11,083 |
| 111 | Qualys Inc | QLYS | 74758T303 | 0.24% | 17,021 |
| 112 | United States Lime & Minerals Inc | USLM | 911922102 | 0.24% | 11,044 |
| 113 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.23% | 39,460 |
| 114 | Zillow Group Inc | Z | 98954M200 | 0.23% | 33,797 |
| 115 | Appfolio Inc | APPF | 03783C100 | 0.22% | 8,890 |
| 116 | Cal-Maine Foods Inc | CALM | 128030202 | 0.22% | 17,458 |
| 117 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.20% | 2,424 |
| 118 | YETI Holdings Inc | YETI | 98585X104 | 0.20% | 32,479 |
| 119 | Trade Desk Inc/The | TTD | 88339J105 | 0.19% | 59,273 |
| 120 | Dave Inc | DAVE | 23834J201 | 0.13% | 4,646 |
| 121 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,333 |
| 122 | Toast Inc | TOST | 888787108 | 0.12% | 27,989 |
| 123 | United Therapeutics Corp | UTHR | 91307C102 | 0.12% | 1,305 |
| 124 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.11% | 658,631 |
| 125 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.09% | 3,237 |
| 126 | Vistra Corp | VST | 92840M102 | 0.09% | 3,589 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.05% | 329,151 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 25.98% |
| 1 | Financials | 14.81% |
| 2 | Consumer Discretionary | 10.80% |
| 3 | Health Care | 10.76% |
| 4 | Industrials | 9.65% |
| 5 | Communication Services | 8.80% |
| 6 | Consumer Staples | 6.24% |
| 7 | Energy | 2.09% |
| 8 | Materials | 1.97% |
| 9 | Semiconductors & Semiconductor Equipment | 1.56% |
| 10 | Utilities | 1.36% |
| 11 | Metals & Mining | 1.29% |
| 12 | Computers & Peripherals | 1.27% |
| 13 | Real Estate | 0.84% |
| 14 | Machinery | 0.48% |
| 15 | Auto Components | 0.48% |
| 16 | Real Estate Management & Development | 0.46% |
| 17 | Capital Markets | 0.40% |
| 18 | Energy Equipment & Services | 0.37% |
| 19 | Food Products | 0.24% |
| 20 | Money Market Deposit Account | 0.15% |
As of DATE
As of DATE
| index | Ex-Dividend Date | Income | ST Cap Gains | MD Cap Gains | LT Cap Gains |
|---|---|---|---|---|---|
| 0 | 03/17/2026 | 0.074774970 | |||
| 1 | 12/17/2025 | 0.048700570 | |||
| 2 | 09/17/2025 | 0.134207430 | |||
| 3 | 06/17/2025 | 0.063574490 | |||
| 4 | 03/18/2025 | 0.065019720 | |||
| 5 | 12/17/2024 | 0.253758710 | |||
| 6 | 09/17/2024 | 0.019708230 | |||
| 7 | 06/11/2024 | 0.133350840 | |||
| 8 | 03/12/2024 | 0.087451510 | |||
| 9 | 12/15/2023 | 0.308894140 | |||
| 10 | 09/12/2023 | 0.003221910 | |||
| 11 | 06/13/2023 | 0.160954190 | |||
| 12 | 03/14/2023 | 0.1131668 | |||
| 13 | 12/16/2022 | 0.38876403 | |||
| 14 | 09/13/2022 | 0.01002448 | |||
| 15 | 06/14/2022 | 0.15395516 | |||
| 16 | 03/15/2022 | 0.10121481 | |||
| 17 | 12/17/2021 | 0.33335153 | |||
| 18 | 09/14/2021 | 0.01343585 | |||
| 19 | 06/15/2021 | 0.11549275 | |||
| 20 | 03/16/2021 | 0.07891059 | |||
| 21 | 12/18/2020 | 0.26098731 | |||
| 22 | 09/15/2020 | 0.01178418 | |||
| 23 | 06/16/2020 | 0.11193304 | |||
| 24 | 03/17/2020 | 0.07918688 | |||
| 25 | 12/19/2019 | 0.25784953 | |||
| 26 | 09/17/2019 | 0.02308849 | |||
| 27 | 06/18/2019 | 0.1327283 | |||
| 28 | 03/19/2019 | 0.11971005 | |||
| 29 | 12/19/2018 | 0.22649181 | |||
| 30 | 09/18/2018 | 0.01714441 | |||
| 31 | 06/19/2018 | 0.10338587 | |||
| 32 | 03/20/2018 | 0.08644061 | |||
| 33 | 12/21/2017 | 0.21249523 | |||
| 34 | 09/19/2017 | 0.0223068 | |||
| 35 | 06/13/2017 | 0.08469624 | |||
| 36 | 03/14/2017 | 0.06883529 | |||
| 37 | 12/23/2016 | 0.1075908 | |||
| 38 | 09/13/2016 | 0.01296064 | |||
| 39 | 06/14/2016 | 0.10002478 | |||
| 40 | 03/15/2016 | 0.1416389 | |||
| 41 | 12/29/2015 | 0.19800834 | |||
| 42 | 09/22/2015 | 0.02405747 | |||
| 43 | 06/16/2015 | 0.10630864 | |||
| 44 | 03/17/2015 | 0.10128952 | |||
| 45 | 12/16/2014 | 0.12639314 | 0.00094 | NULL | |
| 46 | 09/16/2014 | 0.09380128 | |||
| 47 | 06/17/2014 | 0.08583121 | |||
| 48 | 03/18/2014 | 0.03931572 |
