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.
08/17/2026
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 07/31/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | -0.75% | -0.66% |
| 2 | 3 Month | 5.23% | 5.42% |
| 3 | Year To Date | 8.80% | 9.01% |
| 4 | Since Inception* | 235.99% | 236.72% |
| 5 | Average Annual | ||
| 6 | 1 Year | 13.56% | 13.85% |
| 7 | 3 Year | 14.18% | 14.30% |
| 8 | 5 Year | 11.61% | 11.66% |
| 9 | 10 Year | 11.87% | 11.88% |
| 10 | Since Inception* | 10.16% | 10.18% |
| index | Quarter End Performance (As of 06/30/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | Quarter | 15.11% | 15.25% |
| 2 | Year To Date | 9.63% | 9.74% |
| 3 | Since Inception* | 238.54% | 238.97% |
| 4 | Average Annual | ||
| 5 | 1 Year | 15.40% | 15.37% |
| 6 | 3 Year | 15.62% | 15.63% |
| 7 | 5 Year | 11.51% | 11.52% |
| 8 | 10 Year | 12.44% | 12.48% |
| 9 | Since Inception* | 10.30% | 10.31% |
*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 | Seagate Technology Holdings PLC | STX | G7997R103 | 2.77% | 19,331 |
| 1 | Micron Technology Inc | MU | 595112103 | 2.66% | 18,269 |
| 2 | Broadcom Inc | AVGO | 11135F101 | 2.65% | 46,903 |
| 3 | NVIDIA Corp | NVDA | 67066G104 | 2.57% | 79,191 |
| 4 | Eli Lilly & Co | LLY | 532457108 | 2.50% | 14,654 |
| 5 | Alphabet Inc | GOOGL | 02079K305 | 2.43% | 49,118 |
| 6 | AbbVie Inc | ABBV | 00287Y109 | 2.41% | 66,850 |
| 7 | Amazon.com Inc | AMZN | 023135106 | 2.20% | 58,578 |
| 8 | Western Digital Corp | WDC | 958102105 | 2.18% | 28,277 |
| 9 | Microsoft Corp | MSFT | 594918104 | 2.17% | 31,404 |
| 10 | Visa Inc | V | 92826C839 | 2.06% | 39,770 |
| 11 | Mastercard Inc | MA | 57636Q104 | 1.99% | 24,535 |
| 12 | Apple Inc | AAPL | 037833100 | 1.98% | 44,891 |
| 13 | Johnson & Johnson | JNJ | 478160104 | 1.87% | 49,608 |
| 14 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.77% | 24,705 |
| 15 | Oracle Corp | ORCL | 68389X105 | 1.77% | 83,612 |
| 16 | Costco Wholesale Corp | COST | 22160K105 | 1.68% | 12,235 |
| 17 | Walmart Inc | WMT | 931142103 | 1.59% | 96,391 |
| 18 | Meta Platforms Inc | META | 30303M102 | 1.57% | 19,110 |
| 19 | Home Depot Inc/The | HD | 437076102 | 1.55% | 31,774 |
| 20 | Lam Research Corp | LRCX | 512807306 | 1.55% | 31,264 |
| 21 | Howmet Aerospace Inc | HWM | 443201108 | 1.22% | 29,354 |
| 22 | Booking Holdings Inc | BKNG | 09857L108 | 1.11% | 37,525 |
| 23 | Sezzle Inc | SEZL | 78435P105 | 1.11% | 62,952 |
| 24 | Newmont Corp | NEM | 651639106 | 1.07% | 61,532 |
| 25 | TJX Cos Inc/The | TJX | 872540109 | 1.05% | 48,387 |
| 26 | ExxonMobil Holdings Corp | XOM | 30233Q108 | 1.05% | 45,059 |
| 27 | Intuit Inc | INTU | 461202103 | 1.03% | 21,284 |
| 28 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.96% | 71,959 |
| 29 | Constellation Energy Corp | CEG | 21037T109 | 0.95% | 23,779 |
| 30 | Moody's Corp | MCO | 615369105 | 0.93% | 13,498 |
| 31 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.92% | 99,165 |
| 32 | Salesforce Inc | CRM | 79466L302 | 0.91% | 32,943 |
| 33 | Fortinet Inc | FTNT | 34959E109 | 0.91% | 40,600 |
| 34 | Adobe Inc | ADBE | 00724F101 | 0.88% | 23,937 |
| 35 | UiPath Inc | PATH | 90364P105 | 0.87% | 378,745 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.86% | 20,740 |
| 37 | Sherwin-Williams Co/The | SHW | 824348106 | 0.84% | 16,747 |
| 38 | Gilead Sciences Inc | GILD | 375558103 | 0.83% | 41,376 |
| 39 | Colgate-Palmolive Co | CL | 194162103 | 0.81% | 62,262 |
| 40 | Altria Group Inc | MO | 02209S103 | 0.81% | 88,210 |
| 41 | Advanced Micro Devices Inc | AMD | 007903107 | 0.80% | 11,032 |
| 42 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.77% | 14,896 |
| 43 | IES Holdings Inc | IESC | 44951W106 | 0.73% | 6,398 |
| 44 | Uber Technologies Inc | UBER | 90353T100 | 0.72% | 66,920 |
| 45 | Clear Secure Inc | YOU | 18467V109 | 0.72% | 114,072 |
| 46 | Parker-Hannifin Corp | PH | 701094104 | 0.71% | 4,671 |
| 47 | KLA CORP | KLAC | 482480100 | 0.70% | 23,610 |
| 48 | Cintas Corp | CTAS | 172908105 | 0.69% | 24,057 |
| 49 | Progressive Corp/The | PGR | 743315103 | 0.68% | 23,178 |
| 50 | Palantir Technologies Inc | PLTR | 69608A108 | 0.68% | 27,525 |
| 51 | Netflix Inc | NFLX | 64110L106 | 0.67% | 61,210 |
| 52 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.66% | 15,093 |
| 53 | eBay Inc | EBAY | 278642103 | 0.65% | 44,758 |
| 54 | Exelixis Inc | EXEL | 30161Q104 | 0.64% | 84,580 |
| 55 | F5 Inc | FFIV | 315616102 | 0.64% | 11,228 |
| 56 | Federated Hermes Inc | FHI | 314211103 | 0.64% | 68,916 |
| 57 | Reddit Inc | RDDT | 75734B100 | 0.64% | 26,873 |
| 58 | Southern Copper Corp | SCCO | 84265V105 | 0.64% | 23,233 |
| 59 | Vicor Corp | VICR | 925815102 | 0.63% | 17,141 |
| 60 | Abercrombie & Fitch Co | ANF | 002896207 | 0.61% | 40,192 |
| 61 | Vertiv Holdings Co | VRT | 92537N108 | 0.59% | 14,036 |
| 62 | Covista Inc | CVSA | 00737L103 | 0.58% | 30,667 |
| 63 | Morningstar Inc | MORN | 617700109 | 0.56% | 18,744 |
| 64 | T-Mobile US Inc | TMUS | 872590104 | 0.56% | 21,519 |
| 65 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.55% | 13,027 |
| 66 | Cargurus Inc | CARG | 141788109 | 0.54% | 105,396 |
| 67 | TechnipFMC PLC | FTI | G87110105 | 0.54% | 46,697 |
| 68 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.52% | 9,840 |
| 69 | Tidewater Inc | TDW | 88642R109 | 0.52% | 38,248 |
| 70 | Oceaneering International Inc | OII | 675232102 | 0.51% | 65,272 |
| 71 | Fastenal Co | FAST | 311900104 | 0.50% | 67,208 |
| 72 | Armstrong World Industries Inc | AWI | 04247X102 | 0.49% | 18,843 |
| 73 | Blue Bird Corp | BLBD | 095306106 | 0.49% | 52,961 |
| 74 | SEI Investments Co | SEIC | 784117103 | 0.48% | 31,426 |
| 75 | EMCOR Group Inc | EME | 29084Q100 | 0.47% | 3,786 |
| 76 | Federal Signal Corp | FSS | 313855108 | 0.47% | 25,901 |
| 77 | New York Times Co/The | NYT | 650111107 | 0.47% | 50,342 |
| 78 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.46% | 5,884 |
| 79 | Fox Corp | FOXA | 35137L105 | 0.45% | 44,753 |
| 80 | InterDigital Inc | IDCC | 45867G101 | 0.45% | 9,050 |
| 81 | Qualys Inc | QLYS | 74758T303 | 0.45% | 16,886 |
| 82 | Gentex Corp | GNTX | 371901109 | 0.44% | 128,495 |
| 83 | DoorDash Inc | DASH | 25809K105 | 0.42% | 13,759 |
| 84 | Erie Indemnity Co | ERIE | 29530P102 | 0.42% | 11,882 |
| 85 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.42% | 19,607 |
| 86 | Powell Industries Inc | POWL | 739128106 | 0.42% | 13,434 |
| 87 | PTC Inc | PTC | 69370C100 | 0.42% | 19,943 |
| 88 | HubSpot Inc | HUBS | 443573100 | 0.41% | 13,113 |
| 89 | AppLovin Corp | APP | 03831W108 | 0.40% | 9,012 |
| 90 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.40% | 19,475 |
| 91 | St Joe Co/The | JOE | 790148100 | 0.39% | 39,465 |
| 92 | Nextpower Inc | NXT | 65290E101 | 0.39% | 27,298 |
| 93 | Fair Isaac Corp | FICO | 303250104 | 0.38% | 2,487 |
| 94 | Cirrus Logic Inc | CRUS | 172755100 | 0.36% | 21,050 |
| 95 | Piper Sandler Cos | PIPR | 724078209 | 0.36% | 32,836 |
| 96 | Evercore Inc | EVR | 29977A105 | 0.35% | 8,063 |
| 97 | Pegasystems Inc | PEGA | 705573103 | 0.35% | 75,885 |
| 98 | Pathward Financial Inc | CASH | 59100U108 | 0.34% | 27,260 |
| 99 | Winmark Corp | WINA | 974250102 | 0.34% | 6,798 |
| 100 | Deckers Outdoor Corp | DECK | 243537107 | 0.33% | 25,256 |
| 101 | Samsara Inc | IOT | 79589L106 | 0.32% | 56,260 |
| 102 | Tradeweb Markets Inc | TW | 892672106 | 0.32% | 20,866 |
| 103 | Manhattan Associates Inc | MANH | 562750109 | 0.31% | 10,996 |
| 104 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.31% | 56,743 |
| 105 | A O Smith Corp | AOS | 831865209 | 0.29% | 32,718 |
| 106 | Monster Beverage Corp | MNST | 61174X109 | 0.29% | 44,928 |
| 107 | Pinterest Inc | PINS | 72352L106 | 0.29% | 86,504 |
| 108 | Napco Security Technologies Inc | NSSC | 630402105 | 0.26% | 48,203 |
| 109 | Appfolio Inc | APPF | 03783C100 | 0.25% | 8,821 |
| 110 | Dave Inc | DAVE | 23834J201 | 0.23% | 4,610 |
| 111 | Rambus Inc | RMBS | 750917106 | 0.22% | 14,873 |
| 112 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.21% | 39,148 |
| 113 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.21% | 2,406 |
| 114 | Boston Scientific Corp | BSX | 101137107 | 0.20% | 26,903 |
| 115 | Cal-Maine Foods Inc | CALM | 128030202 | 0.20% | 17,320 |
| 116 | YETI Holdings Inc | YETI | 98585X104 | 0.20% | 32,221 |
| 117 | United States Lime & Minerals Inc | USLM | 911922102 | 0.19% | 10,957 |
| 118 | Ubiquiti Inc | UI | 90353W103 | 0.16% | 1,944 |
| 119 | Zillow Group Inc | Z | 98954M200 | 0.16% | 33,530 |
| 120 | Toast Inc | TOST | 888787108 | 0.14% | 27,767 |
| 121 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.14% | 956,319 |
| 122 | Trade Desk Inc/The | TTD | 88339J105 | 0.11% | 58,805 |
| 123 | MSCI Inc | MSCI | 55354G100 | 0.10% | 1,321 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.09% | 1,296 |
| 125 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.08% | 3,210 |
| 126 | Vistra Corp | VST | 92840M102 | 0.07% | 3,562 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.01% | 72,658 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 32.36% |
| 1 | Financials | 15.97% |
| 2 | Consumer Discretionary | 10.96% |
| 3 | Health Care | 10.28% |
| 4 | Industrials | 9.71% |
| 5 | Communication Services | 7.91% |
| 6 | Consumer Staples | 5.60% |
| 7 | Materials | 2.50% |
| 8 | Energy | 2.43% |
| 9 | Real Estate | 1.13% |
| 10 | Utilities | 1.01% |
| 11 | Money Market Deposit Account | 0.14% |
As of DATE
As of DATE
| index | Ex-Dividend Date | Income | ST Cap Gains | MD Cap Gains | LT Cap Gains |
|---|---|---|---|---|---|
| 0 | 06/16/2026 | 0.068716550 | |||
| 1 | 03/17/2026 | 0.074774970 | |||
| 2 | 12/17/2025 | 0.048700570 | |||
| 3 | 09/17/2025 | 0.134207430 | |||
| 4 | 06/17/2025 | 0.063574490 | |||
| 5 | 03/18/2025 | 0.065019720 | |||
| 6 | 12/17/2024 | 0.253758710 | |||
| 7 | 09/17/2024 | 0.019708230 | |||
| 8 | 06/11/2024 | 0.133350840 | |||
| 9 | 03/12/2024 | 0.087451510 | |||
| 10 | 12/15/2023 | 0.308894140 | |||
| 11 | 09/12/2023 | 0.003221910 | |||
| 12 | 06/13/2023 | 0.160954190 | |||
| 13 | 03/14/2023 | 0.1131668 | |||
| 14 | 12/16/2022 | 0.38876403 | |||
| 15 | 09/13/2022 | 0.01002448 | |||
| 16 | 06/14/2022 | 0.15395516 | |||
| 17 | 03/15/2022 | 0.10121481 | |||
| 18 | 12/17/2021 | 0.33335153 | |||
| 19 | 09/14/2021 | 0.01343585 | |||
| 20 | 06/15/2021 | 0.11549275 | |||
| 21 | 03/16/2021 | 0.07891059 | |||
| 22 | 12/18/2020 | 0.26098731 | |||
| 23 | 09/15/2020 | 0.01178418 | |||
| 24 | 06/16/2020 | 0.11193304 | |||
| 25 | 03/17/2020 | 0.07918688 | |||
| 26 | 12/19/2019 | 0.25784953 | |||
| 27 | 09/17/2019 | 0.02308849 | |||
| 28 | 06/18/2019 | 0.1327283 | |||
| 29 | 03/19/2019 | 0.11971005 | |||
| 30 | 12/19/2018 | 0.22649181 | |||
| 31 | 09/18/2018 | 0.01714441 | |||
| 32 | 06/19/2018 | 0.10338587 | |||
| 33 | 03/20/2018 | 0.08644061 | |||
| 34 | 12/21/2017 | 0.21249523 | |||
| 35 | 09/19/2017 | 0.0223068 | |||
| 36 | 06/13/2017 | 0.08469624 | |||
| 37 | 03/14/2017 | 0.06883529 | |||
| 38 | 12/23/2016 | 0.1075908 | |||
| 39 | 09/13/2016 | 0.01296064 | |||
| 40 | 06/14/2016 | 0.10002478 | |||
| 41 | 03/15/2016 | 0.1416389 | |||
| 42 | 12/29/2015 | 0.19800834 | |||
| 43 | 09/22/2015 | 0.02405747 | |||
| 44 | 06/16/2015 | 0.10630864 | |||
| 45 | 03/17/2015 | 0.10128952 | |||
| 46 | 12/16/2014 | 0.12639314 | 0.00094 | NULL | |
| 47 | 09/16/2014 | 0.09380128 | |||
| 48 | 06/17/2014 | 0.08583121 | |||
| 49 | 03/18/2014 | 0.03931572 |
