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.
04/02/2026
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 | 2.48% | 47,278 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.44% | 49,511 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.36% | 79,824 |
| 3 | AbbVie Inc | ABBV | 00287Y109 | 2.34% | 67,384 |
| 4 | Eli Lilly & Co | LLY | 532457108 | 2.30% | 14,771 |
| 5 | Costco Wholesale Corp | COST | 22160K105 | 2.08% | 12,334 |
| 6 | Amazon.com Inc | AMZN | 023135106 | 2.06% | 59,046 |
| 7 | Oracle Corp | ORCL | 68389X105 | 2.05% | 84,278 |
| 8 | Mastercard Inc | MA | 57636Q104 | 2.03% | 24,730 |
| 9 | Walmart Inc | WMT | 931142103 | 2.03% | 97,159 |
| 10 | Johnson & Johnson | JNJ | 478160104 | 2.02% | 50,004 |
| 11 | Visa Inc | V | 92826C839 | 2.01% | 40,088 |
| 12 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.98% | 24,903 |
| 13 | Microsoft Corp | MSFT | 594918104 | 1.97% | 31,656 |
| 14 | Apple Inc | AAPL | 037833100 | 1.93% | 45,248 |
| 15 | Meta Platforms Inc | META | 30303M102 | 1.84% | 19,263 |
| 16 | Home Depot Inc/The | HD | 437076102 | 1.72% | 32,029 |
| 17 | Intuit Inc | INTU | 461202103 | 1.51% | 21,455 |
| 18 | Western Digital Corp | WDC | 958102105 | 1.40% | 28,502 |
| 19 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.39% | 19,484 |
| 20 | TJX Cos Inc/The | TJX | 872540109 | 1.31% | 48,774 |
| 21 | Exxon Mobil Corp | XOM | 30231G102 | 1.22% | 45,419 |
| 22 | Newmont Corp | NEM | 651639106 | 1.18% | 62,024 |
| 23 | Howmet Aerospace Inc | HWM | 443201108 | 1.15% | 29,588 |
| 24 | Lam Research Corp | LRCX | 512807306 | 1.15% | 31,513 |
| 25 | Micron Technology Inc | MU | 595112103 | 1.12% | 18,416 |
| 26 | Constellation Energy Corp | CEG | 21037T109 | 1.09% | 23,968 |
| 27 | Booking Holdings Inc | BKNG | 09857L108 | 1.06% | 37,825 |
| 28 | Salesforce Inc | CRM | 79466L302 | 1.03% | 33,207 |
| 29 | Netflix Inc | NFLX | 64110L106 | 1.01% | 61,699 |
| 30 | Moody's Corp | MCO | 615369105 | 1.00% | 13,606 |
| 31 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.99% | 99,957 |
| 32 | Adobe Inc | ADBE | 00724F101 | 0.98% | 24,129 |
| 33 | Clear Secure Inc | YOU | 18467V109 | 0.98% | 114,981 |
| 34 | Gilead Sciences Inc | GILD | 375558103 | 0.97% | 41,706 |
| 35 | Altria Group Inc | MO | 02209S103 | 0.97% | 88,915 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.90% | 20,905 |
| 37 | Colgate-Palmolive Co | CL | 194162103 | 0.89% | 62,760 |
| 38 | Sherwin-Williams Co/The | SHW | 824348106 | 0.89% | 16,882 |
| 39 | Uber Technologies Inc | UBER | 90353T100 | 0.81% | 67,454 |
| 40 | Progressive Corp/The | PGR | 743315103 | 0.76% | 23,364 |
| 41 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.73% | 15,016 |
| 42 | T-Mobile US Inc | TMUS | 872590104 | 0.73% | 21,690 |
| 43 | New York Times Co/The | NYT | 650111107 | 0.72% | 50,744 |
| 44 | eBay Inc | EBAY | 278642103 | 0.71% | 45,115 |
| 45 | UiPath Inc | PATH | 90364P105 | 0.71% | 381,766 |
| 46 | Parker-Hannifin Corp | PH | 701094104 | 0.71% | 4,707 |
| 47 | Cintas Corp | CTAS | 172908105 | 0.70% | 24,249 |
| 48 | Palantir Technologies Inc | PLTR | 69608A108 | 0.69% | 27,744 |
| 49 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.69% | 15,213 |
| 50 | Southern Copper Corp | SCCO | 84265V105 | 0.68% | 22,908 |
| 51 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.67% | 72,532 |
| 52 | Federated Hermes Inc | FHI | 314211103 | 0.67% | 69,465 |
| 53 | Sezzle Inc | SEZL | 78435P105 | 0.67% | 63,453 |
| 54 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.63% | 13,132 |
| 55 | Abercrombie & Fitch Co | ANF | 002896207 | 0.62% | 40,513 |
| 56 | Exelixis Inc | EXEL | 30161Q104 | 0.62% | 85,255 |
| 57 | Vertiv Holdings Co | VRT | 92537N108 | 0.62% | 14,147 |
| 58 | Covista Inc | CVSA | 00737L103 | 0.61% | 30,913 |
| 59 | Reddit Inc | RDDT | 75734B100 | 0.61% | 27,086 |
| 60 | KLA CORP | KLAC | 482480100 | 0.60% | 2,379 |
| 61 | Cargurus Inc | CARG | 141788109 | 0.59% | 106,236 |
| 62 | AppLovin Corp | APP | 03831W108 | 0.58% | 9,084 |
| 63 | F5 Inc | FFIV | 315616102 | 0.57% | 11,318 |
| 64 | TechnipFMC PLC | FTI | G87110105 | 0.56% | 47,069 |
| 65 | Fortinet Inc | FTNT | 34959E109 | 0.56% | 40,924 |
| 66 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.56% | 5,932 |
| 67 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.56% | 19,631 |
| 68 | HubSpot Inc | HUBS | 443573100 | 0.54% | 13,218 |
| 69 | Morningstar Inc | MORN | 617700109 | 0.54% | 18,894 |
| 70 | Pegasystems Inc | PEGA | 705573103 | 0.54% | 76,491 |
| 71 | Tidewater Inc | TDW | 88642R109 | 0.54% | 38,554 |
| 72 | Armstrong World Industries Inc | AWI | 04247X102 | 0.52% | 18,993 |
| 73 | Blue Bird Corp | BLBD | 095306106 | 0.52% | 53,384 |
| 74 | Cirrus Logic Inc | CRUS | 172755100 | 0.52% | 21,218 |
| 75 | Fastenal Co | FAST | 311900104 | 0.52% | 67,745 |
| 76 | IES Holdings Inc | IESC | 44951W106 | 0.52% | 6,449 |
| 77 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.52% | 19,763 |
| 78 | Nextpower Inc | NXT | 65290E101 | 0.52% | 27,517 |
| 79 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.51% | 9,918 |
| 80 | Erie Indemnity Co | ERIE | 29530P102 | 0.50% | 11,978 |
| 81 | Winmark Corp | WINA | 974250102 | 0.49% | 6,852 |
| 82 | EMCOR Group Inc | EME | 29084Q100 | 0.48% | 3,816 |
| 83 | InterDigital Inc | IDCC | 45867G101 | 0.48% | 9,122 |
| 84 | PTC Inc | PTC | 69370C100 | 0.48% | 20,102 |
| 85 | Federal Signal Corp | FSS | 313855108 | 0.47% | 26,108 |
| 86 | Fair Isaac Corp | FICO | 303250104 | 0.46% | 2,508 |
| 87 | Gentex Corp | GNTX | 371901109 | 0.46% | 129,521 |
| 88 | Vicor Corp | VICR | 925815102 | 0.45% | 17,279 |
| 89 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,110 |
| 90 | St Joe Co/The | JOE | 790148100 | 0.43% | 39,780 |
| 91 | Piper Sandler Cos | PIPR | 724078209 | 0.43% | 33,100 |
| 92 | Tradeweb Markets Inc | TW | 892672106 | 0.43% | 21,031 |
| 93 | Deckers Outdoor Corp | DECK | 243537107 | 0.42% | 25,457 |
| 94 | Pathward Financial Inc | CASH | 59100U108 | 0.41% | 27,479 |
| 95 | Evercore Inc | EVR | 29977A105 | 0.41% | 8,126 |
| 96 | Powell Industries Inc | POWL | 739128106 | 0.41% | 13,542 |
| 97 | SEI Investments Co | SEIC | 784117103 | 0.41% | 31,678 |
| 98 | Advanced Micro Devices Inc | AMD | 007903107 | 0.40% | 11,119 |
| 99 | Oceaneering International Inc | OII | 675232102 | 0.39% | 65,794 |
| 100 | DoorDash Inc | DASH | 25809K105 | 0.36% | 13,870 |
| 101 | A O Smith Corp | AOS | 831865209 | 0.35% | 32,979 |
| 102 | Napco Security Technologies Inc | NSSC | 630402105 | 0.32% | 48,587 |
| 103 | Samsara Inc | IOT | 79589L106 | 0.30% | 56,710 |
| 104 | Boston Scientific Corp | BSX | 101137107 | 0.28% | 27,119 |
| 105 | Monster Beverage Corp | MNST | 61174X109 | 0.27% | 22,644 |
| 106 | Ubiquiti Inc | UI | 90353W103 | 0.27% | 1,959 |
| 107 | Pinterest Inc | PINS | 72352L106 | 0.26% | 87,194 |
| 108 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.26% | 57,196 |
| 109 | Manhattan Associates Inc | MANH | 562750109 | 0.25% | 11,083 |
| 110 | Qualys Inc | QLYS | 74758T303 | 0.25% | 17,021 |
| 111 | United States Lime & Minerals Inc | USLM | 911922102 | 0.25% | 11,044 |
| 112 | Appfolio Inc | APPF | 03783C100 | 0.23% | 8,890 |
| 113 | Cal-Maine Foods Inc | CALM | 128030202 | 0.23% | 17,458 |
| 114 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.23% | 39,460 |
| 115 | Rambus Inc | RMBS | 750917106 | 0.23% | 14,993 |
| 116 | Zillow Group Inc | Z | 98954M200 | 0.23% | 33,797 |
| 117 | Trade Desk Inc/The | TTD | 88339J105 | 0.22% | 59,273 |
| 118 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.20% | 2,424 |
| 119 | YETI Holdings Inc | YETI | 98585X104 | 0.20% | 32,479 |
| 120 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.14% | 858,652 |
| 121 | Dave Inc | DAVE | 23834J201 | 0.13% | 4,646 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,333 |
| 123 | Toast Inc | TOST | 888787108 | 0.12% | 27,989 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.12% | 1,305 |
| 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 | 0.00% | 10,807 |
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 |
