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.
02/13/2026
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 | Walmart Inc | WMT | 931142103 | 3.44% | 159,865 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.91% | 59,303 |
| 2 | Eli Lilly & Co | LLY | 532457108 | 2.79% | 16,689 |
| 3 | Johnson & Johnson | JNJ | 478160104 | 2.72% | 69,601 |
| 4 | Broadcom Inc | AVGO | 11135F101 | 2.69% | 51,525 |
| 5 | Lam Research Corp | LRCX | 512807306 | 2.24% | 59,268 |
| 6 | Visa Inc | V | 92826C839 | 2.21% | 43,724 |
| 7 | Apple Inc | AAPL | 037833100 | 2.20% | 53,569 |
| 8 | AbbVie Inc | ABBV | 00287Y109 | 2.19% | 58,955 |
| 9 | Costco Wholesale Corp | COST | 22160K105 | 2.13% | 13,049 |
| 10 | Meta Platforms Inc | META | 30303M102 | 2.09% | 20,362 |
| 11 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 2.00% | 41,143 |
| 12 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.99% | 24,956 |
| 13 | NVIDIA Corp | NVDA | 67066G104 | 1.98% | 67,576 |
| 14 | Home Depot Inc/The | HD | 437076102 | 1.89% | 30,142 |
| 15 | Caterpillar Inc | CAT | 149123101 | 1.77% | 14,210 |
| 16 | Mastercard Inc | MA | 57636Q104 | 1.72% | 20,716 |
| 17 | Amazon.com Inc | AMZN | 023135106 | 1.71% | 53,709 |
| 18 | Gilead Sciences Inc | GILD | 375558103 | 1.66% | 66,743 |
| 19 | Microsoft Corp | MSFT | 594918104 | 1.57% | 24,409 |
| 20 | Fortinet Inc | FTNT | 34959E109 | 1.36% | 98,627 |
| 21 | Oracle Corp | ORCL | 68389X105 | 1.35% | 52,309 |
| 22 | Exxon Mobil Corp | XOM | 30231G102 | 1.26% | 53,043 |
| 23 | Colgate-Palmolive Co | CL | 194162103 | 1.13% | 72,818 |
| 24 | Illinois Tool Works Inc | ITW | 452308109 | 1.11% | 23,017 |
| 25 | TJX Cos Inc/The | TJX | 872540109 | 1.11% | 44,823 |
| 26 | Ecolab Inc | ECL | 278865100 | 1.05% | 21,939 |
| 27 | Altria Group Inc | MO | 02209S103 | 1.00% | 92,202 |
| 28 | Motorola Solutions Inc | MSI | 620076307 | 1.00% | 13,451 |
| 29 | Sherwin-Williams Co/The | SHW | 824348106 | 0.99% | 16,718 |
| 30 | Onto Innovation Inc | ONTO | 683344105 | 0.98% | 28,131 |
| 31 | Comfort Systems USA Inc | FIX | 199908104 | 0.93% | 4,335 |
| 32 | Sterling Infrastructure Inc | STRL | 859241101 | 0.92% | 13,075 |
| 33 | TransDigm Group Inc | TDG | 893641100 | 0.90% | 4,339 |
| 34 | Booking Holdings Inc | BKNG | 09857L108 | 0.89% | 1,345 |
| 35 | InterDigital Inc | IDCC | 45867G101 | 0.86% | 14,347 |
| 36 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.86% | 16,813 |
| 37 | TechnipFMC PLC | FTI | G87110105 | 0.83% | 84,506 |
| 38 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.82% | 26,733 |
| 39 | Moody's Corp | MCO | 615369105 | 0.82% | 11,986 |
| 40 | Autodesk Inc | ADSK | 052769106 | 0.80% | 21,674 |
| 41 | Laureate Education Inc | LAUR | 518613203 | 0.79% | 140,989 |
| 42 | Progressive Corp/The | PGR | 743315103 | 0.79% | 24,175 |
| 43 | Salesforce Inc | CRM | 79466L302 | 0.77% | 25,132 |
| 44 | Terex Corp | TEX | 880779103 | 0.77% | 69,468 |
| 45 | IES Holdings Inc | IESC | 44951W106 | 0.76% | 9,190 |
| 46 | ServiceNow Inc | NOW | 81762P102 | 0.76% | 44,299 |
| 47 | Royal Gold Inc | RGLD | 780287108 | 0.74% | 16,014 |
| 48 | Adobe Inc | ADBE | 00724F101 | 0.73% | 17,267 |
| 49 | International Seaways Inc | INSW | Y41053102 | 0.71% | 69,273 |
| 50 | Exelixis Inc | EXEL | 30161Q104 | 0.70% | 99,878 |
| 51 | Automatic Data Processing Inc | ADP | 053015103 | 0.69% | 20,191 |
| 52 | Uber Technologies Inc | UBER | 90353T100 | 0.69% | 61,594 |
| 53 | Twilio Inc | TWLO | 90138F102 | 0.68% | 37,382 |
| 54 | Robinhood Markets Inc | HOOD | 770700102 | 0.67% | 54,661 |
| 55 | Cintas Corp | CTAS | 172908105 | 0.64% | 20,733 |
| 56 | Valmont Industries Inc | VMI | 920253101 | 0.62% | 8,147 |
| 57 | Cirrus Logic Inc | CRUS | 172755100 | 0.61% | 26,243 |
| 58 | Constellation Energy Corp | CEG | 21037T109 | 0.60% | 12,883 |
| 59 | Netflix Inc | NFLX | 64110L106 | 0.60% | 48,483 |
| 60 | New York Times Co/The | NYT | 650111107 | 0.60% | 51,532 |
| 61 | Incyte Corp | INCY | 45337C102 | 0.59% | 36,467 |
| 62 | Fair Isaac Corp | FICO | 303250104 | 0.58% | 2,698 |
| 63 | Zoetis Inc | ZTS | 98978V103 | 0.58% | 28,517 |
| 64 | Electronic Arts Inc | EA | 285512109 | 0.57% | 17,804 |
| 65 | Rambus Inc | RMBS | 750917106 | 0.55% | 33,687 |
| 66 | Clear Secure Inc | YOU | 18467V109 | 0.55% | 105,290 |
| 67 | Vistra Corp | VST | 92840M102 | 0.54% | 19,621 |
| 68 | F5 Inc | FFIV | 315616102 | 0.53% | 12,133 |
| 69 | ADMA Biologics Inc | ADMA | 000899104 | 0.50% | 192,581 |
| 70 | Armstrong World Industries Inc | AWI | 04247X102 | 0.50% | 15,504 |
| 71 | Crane Co | CR | 224408104 | 0.50% | 15,657 |
| 72 | Deckers Outdoor Corp | DECK | 243537107 | 0.50% | 26,943 |
| 73 | Cargurus Inc | CARG | 141788109 | 0.49% | 112,225 |
| 74 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.49% | 18,785 |
| 75 | Abercrombie & Fitch Co | ANF | 002896207 | 0.48% | 31,668 |
| 76 | Federated Hermes Inc | FHI | 314211103 | 0.47% | 52,286 |
| 77 | MarketAxess Holdings Inc | MKTX | 57060D108 | 0.47% | 16,146 |
| 78 | SEI Investments Co | SEIC | 784117103 | 0.46% | 36,453 |
| 79 | Badger Meter Inc | BMI | 056525108 | 0.44% | 17,779 |
| 80 | Pegasystems Inc | PEGA | 705573103 | 0.44% | 62,955 |
| 81 | Adtalem Global Education Inc | ATGE | 00737L103 | 0.43% | 28,177 |
| 82 | eBay Inc | EBAY | 278642103 | 0.43% | 32,369 |
| 83 | Sezzle Inc | SEZL | 78435P105 | 0.42% | 41,081 |
| 84 | Blue Bird Corp | BLBD | 095306106 | 0.41% | 44,388 |
| 85 | AppLovin Corp | APP | 03831W108 | 0.39% | 6,145 |
| 86 | Erie Indemnity Co | ERIE | 29530P102 | 0.39% | 8,750 |
| 87 | Reddit Inc | RDDT | 75734B100 | 0.39% | 17,449 |
| 88 | Palantir Technologies Inc | PLTR | 69608A108 | 0.38% | 17,924 |
| 89 | Dolby Laboratories Inc | DLB | 25659T107 | 0.37% | 34,604 |
| 90 | Paymentus Holdings Inc | PAY | 70439P108 | 0.37% | 100,055 |
| 91 | Monarch Casino & Resort Inc | MCRI | 609027107 | 0.36% | 24,080 |
| 92 | United States Lime & Minerals Inc | USLM | 911922102 | 0.36% | 20,699 |
| 93 | HubSpot Inc | HUBS | 443573100 | 0.33% | 8,378 |
| 94 | Yelp Inc | YELP | 985817105 | 0.33% | 97,466 |
| 95 | Qualys Inc | QLYS | 74758T303 | 0.32% | 19,225 |
| 96 | DoorDash Inc | DASH | 25809K105 | 0.30% | 11,593 |
| 97 | Intuit Inc | INTU | 461202103 | 0.30% | 4,619 |
| 98 | Morningstar Inc | MORN | 617700109 | 0.30% | 11,769 |
| 99 | Strategic Education Inc | STRA | 86272C103 | 0.30% | 24,525 |
| 100 | Paycom Software Inc | PAYC | 70432V102 | 0.29% | 14,576 |
| 101 | Parker-Hannifin Corp | PH | 701094104 | 0.29% | 1,772 |
| 102 | Palo Alto Networks Inc | PANW | 697435105 | 0.26% | 9,778 |
| 103 | Carlisle Cos Inc | CSL | 142339100 | 0.24% | 3,622 |
| 104 | ExlService Holdings Inc | EXLS | 302081104 | 0.24% | 50,191 |
| 105 | Docusign Inc | DOCU | 256163106 | 0.22% | 30,173 |
| 106 | Ubiquiti Inc | UI | 90353W103 | 0.22% | 1,921 |
| 107 | Chewy Inc | CHWY | 16679L109 | 0.21% | 53,678 |
| 108 | Lantheus Holdings Inc | LNTH | 516544103 | 0.21% | 19,053 |
| 109 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.21% | 52,552 |
| 110 | T-Mobile US Inc | TMUS | 872590104 | 0.19% | 5,382 |
| 111 | Verisk Analytics Inc | VRSK | 92345Y106 | 0.18% | 6,143 |
| 112 | Zillow Group Inc | Z | 98954M200 | 0.18% | 25,530 |
| 113 | Appfolio Inc | APPF | 03783C100 | 0.15% | 5,190 |
| 114 | Toast Inc | TOST | 888787108 | 0.15% | 33,558 |
| 115 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.13% | 798,630 |
| 116 | Airbnb Inc | ABNB | 009066101 | 0.11% | 5,565 |
| 117 | Dave Inc | DAVE | 23834J201 | 0.11% | 3,797 |
| 118 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.10% | 1,504 |
| 119 | Pinterest Inc | PINS | 72352L106 | 0.10% | 39,437 |
| 120 | Fox Corp | FOXA | 35137L105 | 0.09% | 10,373 |
| 121 | Manhattan Associates Inc | MANH | 562750109 | 0.07% | 3,289 |
| 122 | Doximity Inc | DOCS | 26622P107 | 0.06% | 15,441 |
| 123 | Cash & Other | Cash&Other | Cash&Other | 0.03% | 157,978 |
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 |
