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.
03/06/2026
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 02/28/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | 0.69% | 0.75% |
| 2 | 3 Month | 0.37% | 0.49% |
| 3 | Year To Date | 0.36% | 0.48% |
| 4 | Since Inception* | 209.92% | 210.38% |
| 5 | Average Annual | ||
| 6 | 1 Year | 10.34% | 10.61% |
| 7 | 3 Year | 15.88% | 15.94% |
| 8 | 5 Year | 12.60% | 12.59% |
| 9 | 10 Year | 12.18% | 12.20% |
| 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 | Broadcom Inc | AVGO | 11135F101 | 2.53% | 47,528 |
| 1 | AbbVie Inc | ABBV | 00287Y109 | 2.51% | 67,740 |
| 2 | Alphabet Inc | GOOGL | 02079K305 | 2.39% | 49,773 |
| 3 | Eli Lilly & Co | LLY | 532457108 | 2.37% | 14,849 |
| 4 | NVIDIA Corp | NVDA | 67066G104 | 2.30% | 80,246 |
| 5 | Mastercard Inc | MA | 57636Q104 | 2.09% | 24,860 |
| 6 | Microsoft Corp | MSFT | 594918104 | 2.09% | 31,824 |
| 7 | Oracle Corp | ORCL | 68389X105 | 2.08% | 84,722 |
| 8 | Visa Inc | V | 92826C839 | 2.06% | 40,300 |
| 9 | Amazon.com Inc | AMZN | 023135106 | 2.04% | 59,358 |
| 10 | Berkshire Hathaway Inc | BRK/B | 084670702 | 2.01% | 25,035 |
| 11 | Meta Platforms Inc | META | 30303M102 | 2.01% | 19,365 |
| 12 | Costco Wholesale Corp | COST | 22160K105 | 1.99% | 12,400 |
| 13 | Johnson & Johnson | JNJ | 478160104 | 1.94% | 50,268 |
| 14 | Walmart Inc | WMT | 931142103 | 1.94% | 97,671 |
| 15 | Apple Inc | AAPL | 037833100 | 1.88% | 45,486 |
| 16 | Home Depot Inc/The | HD | 437076102 | 1.85% | 32,199 |
| 17 | Intuit Inc | INTU | 461202103 | 1.67% | 21,569 |
| 18 | TJX Cos Inc/The | TJX | 872540109 | 1.26% | 49,032 |
| 19 | Constellation Energy Corp | CEG | 21037T109 | 1.23% | 24,094 |
| 20 | Howmet Aerospace Inc | HWM | 443201108 | 1.20% | 29,744 |
| 21 | Newmont Corp | NEM | 651639106 | 1.17% | 62,352 |
| 22 | Western Digital Corp | WDC | 958102105 | 1.13% | 28,652 |
| 23 | Adobe Inc | ADBE | 00724F101 | 1.11% | 24,257 |
| 24 | Booking Holdings Inc | BKNG | 09857L108 | 1.11% | 1,521 |
| 25 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.11% | 19,586 |
| 26 | Exxon Mobil Corp | XOM | 30231G102 | 1.11% | 45,659 |
| 27 | Micron Technology Inc | MU | 595112103 | 1.10% | 18,514 |
| 28 | Salesforce Inc | CRM | 79466L302 | 1.09% | 33,383 |
| 29 | Moody's Corp | MCO | 615369105 | 1.04% | 13,678 |
| 30 | Lam Research Corp | LRCX | 512807306 | 1.02% | 31,679 |
| 31 | Netflix Inc | NFLX | 64110L106 | 0.99% | 62,025 |
| 32 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.97% | 100,485 |
| 33 | Gilead Sciences Inc | GILD | 375558103 | 0.97% | 41,926 |
| 34 | Altria Group Inc | MO | 02209S103 | 0.96% | 89,385 |
| 35 | Colgate-Palmolive Co | CL | 194162103 | 0.95% | 63,092 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.94% | 21,015 |
| 37 | Sherwin-Williams Co/The | SHW | 824348106 | 0.90% | 16,972 |
| 38 | Clear Secure Inc | YOU | 18467V109 | 0.86% | 115,587 |
| 39 | Uber Technologies Inc | UBER | 90353T100 | 0.82% | 67,810 |
| 40 | Cintas Corp | CTAS | 172908105 | 0.80% | 24,377 |
| 41 | Progressive Corp/The | PGR | 743315103 | 0.80% | 23,488 |
| 42 | T-Mobile US Inc | TMUS | 872590104 | 0.78% | 21,804 |
| 43 | Sezzle Inc | SEZL | 78435P105 | 0.75% | 63,787 |
| 44 | AppLovin Corp | APP | 03831W108 | 0.74% | 9,132 |
| 45 | UiPath Inc | PATH | 90364P105 | 0.73% | 383,780 |
| 46 | Palantir Technologies Inc | PLTR | 69608A108 | 0.71% | 27,890 |
| 47 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.70% | 15,096 |
| 48 | Parker-Hannifin Corp | PH | 701094104 | 0.70% | 4,731 |
| 49 | Southern Copper Corp | SCCO | 84265V105 | 0.69% | 23,028 |
| 50 | eBay Inc | EBAY | 278642103 | 0.68% | 45,353 |
| 51 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.68% | 15,293 |
| 52 | New York Times Co/The | NYT | 650111107 | 0.66% | 51,012 |
| 53 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.64% | 13,202 |
| 54 | Federated Hermes Inc | FHI | 314211103 | 0.63% | 69,831 |
| 55 | HubSpot Inc | HUBS | 443573100 | 0.63% | 13,288 |
| 56 | Reddit Inc | RDDT | 75734B100 | 0.61% | 27,228 |
| 57 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.60% | 72,914 |
| 58 | Fair Isaac Corp | FICO | 303250104 | 0.60% | 2,522 |
| 59 | Cargurus Inc | CARG | 141788109 | 0.58% | 106,796 |
| 60 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.58% | 5,964 |
| 61 | Morningstar Inc | MORN | 617700109 | 0.58% | 18,994 |
| 62 | Pegasystems Inc | PEGA | 705573103 | 0.58% | 76,895 |
| 63 | Exelixis Inc | EXEL | 30161Q104 | 0.57% | 85,705 |
| 64 | Abercrombie & Fitch Co | ANF | 002896207 | 0.56% | 40,727 |
| 65 | Fortinet Inc | FTNT | 34959E109 | 0.55% | 41,140 |
| 66 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.55% | 19,867 |
| 67 | Vertiv Holdings Co | VRT | 92537N108 | 0.55% | 14,221 |
| 68 | InterDigital Inc | IDCC | 45867G101 | 0.53% | 9,170 |
| 69 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.53% | 19,735 |
| 70 | PTC Inc | PTC | 69370C100 | 0.53% | 20,208 |
| 71 | Armstrong World Industries Inc | AWI | 04247X102 | 0.52% | 19,093 |
| 72 | F5 Inc | FFIV | 315616102 | 0.52% | 11,378 |
| 73 | KLA CORP | KLAC | 482480100 | 0.52% | 2,391 |
| 74 | Covista Inc | CVSA | 00737L103 | 0.51% | 31,077 |
| 75 | Fastenal Co | FAST | 311900104 | 0.51% | 68,103 |
| 76 | Erie Indemnity Co | ERIE | 29530P102 | 0.50% | 12,042 |
| 77 | TechnipFMC PLC | FTI | G87110105 | 0.48% | 47,317 |
| 78 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.48% | 9,970 |
| 79 | Tidewater Inc | TDW | 88642R109 | 0.48% | 38,758 |
| 80 | Winmark Corp | WINA | 974250102 | 0.48% | 6,888 |
| 81 | Blue Bird Corp | BLBD | 095306106 | 0.47% | 53,666 |
| 82 | Federal Signal Corp | FSS | 313855108 | 0.46% | 26,246 |
| 83 | Gentex Corp | GNTX | 371901109 | 0.46% | 130,205 |
| 84 | Cirrus Logic Inc | CRUS | 172755100 | 0.45% | 21,330 |
| 85 | IES Holdings Inc | IESC | 44951W106 | 0.45% | 6,483 |
| 86 | Nextpower Inc | NXT | 65290E101 | 0.45% | 27,663 |
| 87 | Vicor Corp | VICR | 925815102 | 0.45% | 17,371 |
| 88 | EMCOR Group Inc | EME | 29084Q100 | 0.44% | 3,836 |
| 89 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,348 |
| 90 | St Joe Co/The | JOE | 790148100 | 0.44% | 39,990 |
| 91 | Deckers Outdoor Corp | DECK | 243537107 | 0.43% | 25,591 |
| 92 | SEI Investments Co | SEIC | 784117103 | 0.42% | 31,846 |
| 93 | Tradeweb Markets Inc | TW | 892672106 | 0.42% | 21,141 |
| 94 | Pathward Financial Inc | CASH | 59100U108 | 0.40% | 27,625 |
| 95 | DoorDash Inc | DASH | 25809K105 | 0.40% | 13,944 |
| 96 | Piper Sandler Cos | PIPR | 724078100 | 0.39% | 8,319 |
| 97 | A O Smith Corp | AOS | 831865209 | 0.38% | 33,153 |
| 98 | Evercore Inc | EVR | 29977A105 | 0.38% | 8,168 |
| 99 | Oceaneering International Inc | OII | 675232102 | 0.36% | 66,142 |
| 100 | Advanced Micro Devices Inc | AMD | 007903107 | 0.35% | 11,177 |
| 101 | Powell Industries Inc | POWL | 739128106 | 0.35% | 4,538 |
| 102 | Samsara Inc | IOT | 79589L106 | 0.32% | 57,010 |
| 103 | Napco Security Technologies Inc | NSSC | 630402105 | 0.32% | 48,843 |
| 104 | Boston Scientific Corp | BSX | 101137107 | 0.31% | 27,263 |
| 105 | Monster Beverage Corp | MNST | 61174X109 | 0.28% | 22,764 |
| 106 | Pinterest Inc | PINS | 72352L106 | 0.28% | 87,654 |
| 107 | Trade Desk Inc/The | TTD | 88339J105 | 0.28% | 59,585 |
| 108 | Appfolio Inc | APPF | 03783C100 | 0.27% | 8,936 |
| 109 | Manhattan Associates Inc | MANH | 562750109 | 0.27% | 11,141 |
| 110 | Qualys Inc | QLYS | 74758T303 | 0.27% | 17,111 |
| 111 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.27% | 57,498 |
| 112 | Cal-Maine Foods Inc | CALM | 128030202 | 0.25% | 17,550 |
| 113 | Zillow Group Inc | Z | 98954M200 | 0.25% | 33,975 |
| 114 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.24% | 39,668 |
| 115 | Ubiquiti Inc | UI | 90353W103 | 0.24% | 1,969 |
| 116 | Rambus Inc | RMBS | 750917106 | 0.21% | 15,073 |
| 117 | United States Lime & Minerals Inc | USLM | 911922102 | 0.21% | 11,102 |
| 118 | YETI Holdings Inc | YETI | 98585X104 | 0.21% | 32,651 |
| 119 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.18% | 2,436 |
| 120 | Dave Inc | DAVE | 23834J201 | 0.16% | 4,670 |
| 121 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.15% | 946,799 |
| 122 | Toast Inc | TOST | 888787108 | 0.14% | 28,137 |
| 123 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,341 |
| 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 | 0.09% | 3,607 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.06% | 367,229 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 27.34% |
| 1 | Financials | 13.85% |
| 2 | Health Care | 11.65% |
| 3 | Industrials | 11.60% |
| 4 | Consumer Discretionary | 11.51% |
| 5 | Communication Services | 9.28% |
| 6 | Consumer Staples | 6.95% |
| 7 | Materials | 3.00% |
| 8 | Energy | 2.60% |
| 9 | Utilities | 1.07% |
| 10 | Real Estate | 1.02% |
| 11 | Money Market Deposit Account | 0.13% |
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 |
