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.
05/14/2026
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 04/30/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | 8.57% | 8.60% |
| 2 | 3 Month | 3.73% | 3.68% |
| 3 | Year To Date | 3.39% | 3.41% |
| 4 | Since Inception* | 219.29% | 219.41% |
| 5 | Average Annual | ||
| 6 | 1 Year | 19.55% | 19.41% |
| 7 | 3 Year | 16.09% | 16.15% |
| 8 | 5 Year | 10.89% | 10.89% |
| 9 | 10 Year | 11.84% | 11.86% |
| 10 | Since Inception* | 9.92% | 9.93% |
| 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 | 3.12% | 47,653 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.98% | 49,904 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.82% | 80,457 |
| 3 | Oracle Corp | ORCL | 68389X105 | 2.47% | 84,944 |
| 4 | Amazon.com Inc | AMZN | 023135106 | 2.37% | 59,514 |
| 5 | Seagate Technology Holdings PLC | STX | G7997R103 | 2.35% | 19,637 |
| 6 | Eli Lilly & Co | LLY | 532457108 | 2.23% | 14,888 |
| 7 | Micron Technology Inc | MU | 595112103 | 2.14% | 18,563 |
| 8 | AbbVie Inc | ABBV | 00287Y109 | 2.13% | 67,918 |
| 9 | Western Digital Corp | WDC | 958102105 | 2.09% | 28,727 |
| 10 | Apple Inc | AAPL | 037833100 | 2.02% | 45,605 |
| 11 | Microsoft Corp | MSFT | 594918104 | 1.94% | 31,908 |
| 12 | Visa Inc | V | 92826C839 | 1.94% | 40,406 |
| 13 | Costco Wholesale Corp | COST | 22160K105 | 1.93% | 12,433 |
| 14 | Walmart Inc | WMT | 931142103 | 1.93% | 97,927 |
| 15 | Mastercard Inc | MA | 57636Q104 | 1.82% | 24,925 |
| 16 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.81% | 25,101 |
| 17 | Meta Platforms Inc | META | 30303M102 | 1.79% | 19,416 |
| 18 | Johnson & Johnson | JNJ | 478160104 | 1.73% | 50,400 |
| 19 | Home Depot Inc/The | HD | 437076102 | 1.46% | 32,284 |
| 20 | Lam Research Corp | LRCX | 512807306 | 1.41% | 31,762 |
| 21 | Intuit Inc | INTU | 461202103 | 1.22% | 21,626 |
| 22 | Howmet Aerospace Inc | HWM | 443201108 | 1.21% | 29,822 |
| 23 | Newmont Corp | NEM | 651639106 | 1.08% | 62,516 |
| 24 | TJX Cos Inc/The | TJX | 872540109 | 1.08% | 49,161 |
| 25 | Exxon Mobil Corp | XOM | 30231G102 | 1.03% | 45,779 |
| 26 | Constellation Energy Corp | CEG | 21037T109 | 0.99% | 24,157 |
| 27 | Clear Secure Inc | YOU | 18467V109 | 0.99% | 115,890 |
| 28 | Sezzle Inc | SEZL | 78435P105 | 0.98% | 63,954 |
| 29 | Altria Group Inc | MO | 02209S103 | 0.97% | 89,620 |
| 30 | Booking Holdings Inc | BKNG | 09857L108 | 0.88% | 38,125 |
| 31 | Moody's Corp | MCO | 615369105 | 0.88% | 13,714 |
| 32 | Adobe Inc | ADBE | 00724F101 | 0.86% | 24,321 |
| 33 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.85% | 100,749 |
| 34 | Colgate-Palmolive Co | CL | 194162103 | 0.84% | 63,258 |
| 35 | Salesforce Inc | CRM | 79466L302 | 0.83% | 33,471 |
| 36 | Gilead Sciences Inc | GILD | 375558103 | 0.83% | 42,036 |
| 37 | Netflix Inc | NFLX | 64110L106 | 0.80% | 62,188 |
| 38 | Vertiv Holdings Co | VRT | 92537N108 | 0.80% | 14,258 |
| 39 | Illinois Tool Works Inc | ITW | 452308109 | 0.79% | 21,070 |
| 40 | Sherwin-Williams Co/The | SHW | 824348106 | 0.78% | 17,017 |
| 41 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.77% | 73,105 |
| 42 | eBay Inc | EBAY | 278642103 | 0.77% | 45,472 |
| 43 | Uber Technologies Inc | UBER | 90353T100 | 0.76% | 67,988 |
| 44 | Advanced Micro Devices Inc | AMD | 007903107 | 0.75% | 11,206 |
| 45 | Fortinet Inc | FTNT | 34959E109 | 0.75% | 41,248 |
| 46 | Vicor Corp | VICR | 925815102 | 0.75% | 17,417 |
| 47 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.71% | 13,237 |
| 48 | Progressive Corp/The | PGR | 743315103 | 0.69% | 23,550 |
| 49 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.68% | 15,136 |
| 50 | KLA CORP | KLAC | 482480100 | 0.68% | 2,397 |
| 51 | IES Holdings Inc | IESC | 44951W106 | 0.67% | 6,500 |
| 52 | AppLovin Corp | APP | 03831W108 | 0.66% | 9,156 |
| 53 | Exelixis Inc | EXEL | 30161Q104 | 0.65% | 85,930 |
| 54 | Southern Copper Corp | SCCO | 84265V105 | 0.65% | 23,319 |
| 55 | Reddit Inc | RDDT | 75734B100 | 0.63% | 27,299 |
| 56 | F5 Inc | FFIV | 315616102 | 0.62% | 11,408 |
| 57 | Parker-Hannifin Corp | PH | 701094104 | 0.62% | 4,743 |
| 58 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.61% | 15,333 |
| 59 | T-Mobile US Inc | TMUS | 872590104 | 0.61% | 21,861 |
| 60 | Cintas Corp | CTAS | 172908105 | 0.60% | 24,441 |
| 61 | Powell Industries Inc | POWL | 739128106 | 0.60% | 13,650 |
| 62 | Covista Inc | CVSA | 00737L103 | 0.59% | 31,159 |
| 63 | Nextpower Inc | NXT | 65290E101 | 0.59% | 27,736 |
| 64 | Blue Bird Corp | BLBD | 095306106 | 0.58% | 53,807 |
| 65 | Federated Hermes Inc | FHI | 314211103 | 0.58% | 70,014 |
| 66 | New York Times Co/The | NYT | 650111107 | 0.57% | 51,146 |
| 67 | Palantir Technologies Inc | PLTR | 69608A108 | 0.56% | 27,963 |
| 68 | UiPath Inc | PATH | 90364P105 | 0.55% | 384,787 |
| 69 | EMCOR Group Inc | EME | 29084Q100 | 0.53% | 3,846 |
| 70 | Cirrus Logic Inc | CRUS | 172755100 | 0.52% | 21,386 |
| 71 | TechnipFMC PLC | FTI | G87110105 | 0.52% | 47,441 |
| 72 | Cargurus Inc | CARG | 141788109 | 0.48% | 107,076 |
| 73 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.47% | 5,980 |
| 74 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.47% | 19,787 |
| 75 | Morningstar Inc | MORN | 617700109 | 0.47% | 19,044 |
| 76 | Tidewater Inc | TDW | 88642R109 | 0.47% | 38,860 |
| 77 | Armstrong World Industries Inc | AWI | 04247X102 | 0.46% | 19,143 |
| 78 | Fastenal Co | FAST | 311900104 | 0.45% | 68,282 |
| 79 | Federal Signal Corp | FSS | 313855108 | 0.45% | 26,315 |
| 80 | Gentex Corp | GNTX | 371901109 | 0.45% | 130,547 |
| 81 | Abercrombie & Fitch Co | ANF | 002896207 | 0.44% | 40,834 |
| 82 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,467 |
| 83 | SEI Investments Co | SEIC | 784117103 | 0.44% | 31,930 |
| 84 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.43% | 9,996 |
| 85 | Evercore Inc | EVR | 29977A105 | 0.42% | 8,189 |
| 86 | PTC Inc | PTC | 69370C100 | 0.42% | 20,261 |
| 87 | Fair Isaac Corp | FICO | 303250104 | 0.41% | 2,529 |
| 88 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.40% | 19,919 |
| 89 | Piper Sandler Cos | PIPR | 724078209 | 0.40% | 33,364 |
| 90 | Erie Indemnity Co | ERIE | 29530P102 | 0.38% | 12,074 |
| 91 | St Joe Co/The | JOE | 790148100 | 0.38% | 40,095 |
| 92 | Oceaneering International Inc | OII | 675232102 | 0.38% | 66,316 |
| 93 | Pegasystems Inc | PEGA | 705573103 | 0.38% | 77,097 |
| 94 | InterDigital Inc | IDCC | 45867G101 | 0.37% | 9,194 |
| 95 | Winmark Corp | WINA | 974250102 | 0.37% | 6,906 |
| 96 | Deckers Outdoor Corp | DECK | 243537107 | 0.36% | 25,658 |
| 97 | HubSpot Inc | HUBS | 443573100 | 0.36% | 13,323 |
| 98 | Tradeweb Markets Inc | TW | 892672106 | 0.35% | 21,196 |
| 99 | Pathward Financial Inc | CASH | 59100U108 | 0.33% | 27,698 |
| 100 | DoorDash Inc | DASH | 25809K105 | 0.32% | 13,981 |
| 101 | A O Smith Corp | AOS | 831865209 | 0.29% | 33,240 |
| 102 | Monster Beverage Corp | MNST | 61174X109 | 0.29% | 22,824 |
| 103 | Rambus Inc | RMBS | 750917106 | 0.29% | 15,113 |
| 104 | Napco Security Technologies Inc | NSSC | 630402105 | 0.27% | 48,971 |
| 105 | Pinterest Inc | PINS | 72352L106 | 0.25% | 87,884 |
| 106 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.25% | 57,649 |
| 107 | Samsara Inc | IOT | 79589L106 | 0.24% | 57,160 |
| 108 | Boston Scientific Corp | BSX | 101137107 | 0.22% | 27,335 |
| 109 | Qualys Inc | QLYS | 74758T303 | 0.22% | 17,156 |
| 110 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.21% | 39,772 |
| 111 | Manhattan Associates Inc | MANH | 562750109 | 0.21% | 11,170 |
| 112 | Appfolio Inc | APPF | 03783C100 | 0.20% | 8,959 |
| 113 | Cal-Maine Foods Inc | CALM | 128030202 | 0.20% | 17,596 |
| 114 | YETI Holdings Inc | YETI | 98585X104 | 0.20% | 32,737 |
| 115 | Ubiquiti Inc | UI | 90353W103 | 0.19% | 1,974 |
| 116 | Zillow Group Inc | Z | 98954M200 | 0.19% | 34,064 |
| 117 | Trade Desk Inc/The | TTD | 88339J105 | 0.18% | 59,741 |
| 118 | United States Lime & Minerals Inc | USLM | 911922102 | 0.18% | 11,131 |
| 119 | Dave Inc | DAVE | 23834J201 | 0.16% | 4,682 |
| 120 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.15% | 2,442 |
| 121 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.12% | 833,796 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.11% | 1,345 |
| 123 | United Therapeutics Corp | UTHR | 91307C102 | 0.11% | 1,314 |
| 124 | Toast Inc | TOST | 888787108 | 0.10% | 28,211 |
| 125 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.08% | 3,264 |
| 126 | Vistra Corp | VST | 92840M102 | 0.08% | 3,616 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.05% | 311,437 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 31.24% |
| 1 | Financials | 14.83% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Industrials | 10.27% |
| 4 | Health Care | 9.51% |
| 5 | Communication Services | 9.08% |
| 6 | Consumer Staples | 6.22% |
| 7 | Materials | 2.70% |
| 8 | Energy | 2.55% |
| 9 | Utilities | 1.25% |
| 10 | Real Estate | 1.21% |
| 11 | 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 |
