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.
06/16/2026
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 05/31/2026) | VUSE Nav Returns | VUSE Market Price Returns |
|---|---|---|---|
| 0 | Cumulative | ||
| 1 | 1 Month | 5.67% | 5.70% |
| 2 | 3 Month | 8.87% | 8.78% |
| 3 | Year To Date | 9.26% | 9.30% |
| 4 | Since Inception* | 237.41% | 237.63% |
| 5 | Average Annual | ||
| 6 | 1 Year | 19.56% | 19.51% |
| 7 | 3 Year | 18.44% | 18.50% |
| 8 | 5 Year | 11.20% | 11.22% |
| 9 | 10 Year | 12.39% | 12.41% |
| 10 | Since Inception* | 10.34% | 10.35% |
| 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 | Seagate Technology Holdings PLC | STX | G7997R103 | 2.94% | 19,637 |
| 1 | Western Digital Corp | WDC | 958102105 | 2.84% | 28,727 |
| 2 | Micron Technology Inc | MU | 595112103 | 2.75% | 18,563 |
| 3 | Alphabet Inc | GOOGL | 02079K305 | 2.70% | 49,904 |
| 4 | Broadcom Inc | AVGO | 11135F101 | 2.61% | 47,653 |
| 5 | Eli Lilly & Co | LLY | 532457108 | 2.43% | 14,888 |
| 6 | NVIDIA Corp | NVDA | 67066G104 | 2.42% | 80,457 |
| 7 | Oracle Corp | ORCL | 68389X105 | 2.32% | 84,944 |
| 8 | AbbVie Inc | ABBV | 00287Y109 | 2.19% | 67,918 |
| 9 | Amazon.com Inc | AMZN | 023135106 | 2.12% | 59,514 |
| 10 | Apple Inc | AAPL | 037833100 | 1.98% | 45,605 |
| 11 | Visa Inc | V | 92826C839 | 1.95% | 40,406 |
| 12 | Microsoft Corp | MSFT | 594918104 | 1.82% | 31,908 |
| 13 | Mastercard Inc | MA | 57636Q104 | 1.81% | 24,925 |
| 14 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.80% | 25,101 |
| 15 | Costco Wholesale Corp | COST | 22160K105 | 1.78% | 12,433 |
| 16 | Johnson & Johnson | JNJ | 478160104 | 1.72% | 50,400 |
| 17 | Walmart Inc | WMT | 931142103 | 1.72% | 97,927 |
| 18 | Lam Research Corp | LRCX | 512807306 | 1.70% | 31,762 |
| 19 | Meta Platforms Inc | META | 30303M102 | 1.69% | 19,416 |
| 20 | Home Depot Inc/The | HD | 437076102 | 1.58% | 32,284 |
| 21 | Sezzle Inc | SEZL | 78435P105 | 1.34% | 63,954 |
| 22 | Howmet Aerospace Inc | HWM | 443201108 | 1.20% | 29,822 |
| 23 | TJX Cos Inc/The | TJX | 872540109 | 1.19% | 49,161 |
| 24 | Newmont Corp | NEM | 651639106 | 0.98% | 62,516 |
| 25 | Booking Holdings Inc | BKNG | 09857L108 | 0.97% | 38,125 |
| 26 | Constellation Energy Corp | CEG | 21037T109 | 0.94% | 24,157 |
| 27 | Exxon Mobil Corp | XOM | 30231G102 | 0.94% | 45,779 |
| 28 | Moody's Corp | MCO | 615369105 | 0.93% | 13,714 |
| 29 | Altria Group Inc | MO | 02209S103 | 0.91% | 89,620 |
| 30 | Clear Secure Inc | YOU | 18467V109 | 0.89% | 115,890 |
| 31 | Fortinet Inc | FTNT | 34959E109 | 0.88% | 41,248 |
| 32 | Intuit Inc | INTU | 461202103 | 0.88% | 21,626 |
| 33 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.87% | 73,105 |
| 34 | Colgate-Palmolive Co | CL | 194162103 | 0.83% | 63,258 |
| 35 | KLA CORP | KLAC | 482480100 | 0.83% | 23,970 |
| 36 | Advanced Micro Devices Inc | AMD | 007903107 | 0.82% | 11,206 |
| 37 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.82% | 100,749 |
| 38 | Illinois Tool Works Inc | ITW | 452308109 | 0.81% | 21,070 |
| 39 | Vicor Corp | VICR | 925815102 | 0.81% | 17,417 |
| 40 | Sherwin-Williams Co/The | SHW | 824348106 | 0.80% | 17,017 |
| 41 | Salesforce Inc | CRM | 79466L302 | 0.79% | 33,471 |
| 42 | Gilead Sciences Inc | GILD | 375558103 | 0.78% | 42,036 |
| 43 | Adobe Inc | ADBE | 00724F101 | 0.73% | 24,321 |
| 44 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.73% | 15,136 |
| 45 | eBay Inc | EBAY | 278642103 | 0.72% | 45,472 |
| 46 | Uber Technologies Inc | UBER | 90353T100 | 0.72% | 67,988 |
| 47 | Netflix Inc | NFLX | 64110L106 | 0.71% | 62,188 |
| 48 | Progressive Corp/The | PGR | 743315103 | 0.70% | 23,550 |
| 49 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.70% | 15,333 |
| 50 | Reddit Inc | RDDT | 75734B100 | 0.69% | 27,299 |
| 51 | AppLovin Corp | APP | 03831W108 | 0.68% | 9,156 |
| 52 | IES Holdings Inc | IESC | 44951W106 | 0.66% | 6,500 |
| 53 | Southern Copper Corp | SCCO | 84265V105 | 0.66% | 23,319 |
| 54 | Exelixis Inc | EXEL | 30161Q104 | 0.65% | 85,930 |
| 55 | Parker-Hannifin Corp | PH | 701094104 | 0.65% | 4,743 |
| 56 | F5 Inc | FFIV | 315616102 | 0.64% | 11,408 |
| 57 | Cintas Corp | CTAS | 172908105 | 0.63% | 24,441 |
| 58 | Vertiv Holdings Co | VRT | 92537N108 | 0.62% | 14,258 |
| 59 | Federated Hermes Inc | FHI | 314211103 | 0.60% | 70,014 |
| 60 | UiPath Inc | PATH | 90364P105 | 0.59% | 384,787 |
| 61 | Powell Industries Inc | POWL | 739128106 | 0.58% | 13,650 |
| 62 | T-Mobile US Inc | TMUS | 872590104 | 0.58% | 21,861 |
| 63 | Blue Bird Corp | BLBD | 095306106 | 0.57% | 53,807 |
| 64 | New York Times Co/The | NYT | 650111107 | 0.55% | 51,146 |
| 65 | Palantir Technologies Inc | PLTR | 69608A108 | 0.54% | 27,963 |
| 66 | Abercrombie & Fitch Co | ANF | 002896207 | 0.53% | 40,834 |
| 67 | Covista Inc | CVSA | 00737L103 | 0.53% | 31,159 |
| 68 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.51% | 13,237 |
| 69 | Nextpower Inc | NXT | 65290E101 | 0.51% | 27,736 |
| 70 | Cirrus Logic Inc | CRUS | 172755100 | 0.50% | 21,386 |
| 71 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.50% | 5,980 |
| 72 | Gentex Corp | GNTX | 371901109 | 0.49% | 130,547 |
| 73 | Morningstar Inc | MORN | 617700109 | 0.48% | 19,044 |
| 74 | EMCOR Group Inc | EME | 29084Q100 | 0.47% | 3,846 |
| 75 | Cargurus Inc | CARG | 141788109 | 0.46% | 107,076 |
| 76 | Fastenal Co | FAST | 311900104 | 0.46% | 68,282 |
| 77 | TechnipFMC PLC | FTI | G87110105 | 0.46% | 47,441 |
| 78 | Armstrong World Industries Inc | AWI | 04247X102 | 0.44% | 19,143 |
| 79 | Evercore Inc | EVR | 29977A105 | 0.44% | 8,189 |
| 80 | Fair Isaac Corp | FICO | 303250104 | 0.44% | 2,529 |
| 81 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.44% | 9,996 |
| 82 | Federal Signal Corp | FSS | 313855108 | 0.43% | 26,315 |
| 83 | SEI Investments Co | SEIC | 784117103 | 0.42% | 31,930 |
| 84 | Deckers Outdoor Corp | DECK | 243537107 | 0.41% | 25,658 |
| 85 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.41% | 19,787 |
| 86 | Winmark Corp | WINA | 974250102 | 0.41% | 6,906 |
| 87 | Erie Indemnity Co | ERIE | 29530P102 | 0.40% | 12,074 |
| 88 | Tidewater Inc | TDW | 88642R109 | 0.40% | 38,860 |
| 89 | Piper Sandler Cos | PIPR | 724078209 | 0.39% | 33,364 |
| 90 | InterDigital Inc | IDCC | 45867G101 | 0.38% | 9,194 |
| 91 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.37% | 19,919 |
| 92 | St Joe Co/The | JOE | 790148100 | 0.37% | 40,095 |
| 93 | Oceaneering International Inc | OII | 675232102 | 0.36% | 66,316 |
| 94 | Pegasystems Inc | PEGA | 705573103 | 0.36% | 77,097 |
| 95 | Fox Corp | FOXA | 35137L105 | 0.35% | 45,467 |
| 96 | HubSpot Inc | HUBS | 443573100 | 0.35% | 13,323 |
| 97 | PTC Inc | PTC | 69370C100 | 0.35% | 20,261 |
| 98 | DoorDash Inc | DASH | 25809K105 | 0.34% | 13,981 |
| 99 | Pathward Financial Inc | CASH | 59100U108 | 0.33% | 27,698 |
| 100 | Monster Beverage Corp | MNST | 61174X109 | 0.31% | 22,824 |
| 101 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.31% | 57,649 |
| 102 | Tradeweb Markets Inc | TW | 892672106 | 0.31% | 21,196 |
| 103 | A O Smith Corp | AOS | 831865209 | 0.29% | 33,240 |
| 104 | Rambus Inc | RMBS | 750917106 | 0.29% | 15,113 |
| 105 | Qualys Inc | QLYS | 74758T303 | 0.28% | 17,156 |
| 106 | Samsara Inc | IOT | 79589L106 | 0.27% | 57,160 |
| 107 | Napco Security Technologies Inc | NSSC | 630402105 | 0.27% | 48,971 |
| 108 | Pinterest Inc | PINS | 72352L106 | 0.27% | 87,884 |
| 109 | Manhattan Associates Inc | MANH | 562750109 | 0.23% | 11,170 |
| 110 | YETI Holdings Inc | YETI | 98585X104 | 0.23% | 32,737 |
| 111 | Appfolio Inc | APPF | 03783C100 | 0.21% | 8,959 |
| 112 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.21% | 39,772 |
| 113 | Cal-Maine Foods Inc | CALM | 128030202 | 0.20% | 17,596 |
| 114 | Dave Inc | DAVE | 23834J201 | 0.20% | 4,682 |
| 115 | Boston Scientific Corp | BSX | 101137107 | 0.19% | 27,335 |
| 116 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.18% | 1,265,197 |
| 117 | United States Lime & Minerals Inc | USLM | 911922102 | 0.18% | 11,131 |
| 118 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.16% | 2,442 |
| 119 | Trade Desk Inc/The | TTD | 88339J105 | 0.16% | 59,741 |
| 120 | Ubiquiti Inc | UI | 90353W103 | 0.16% | 1,974 |
| 121 | Zillow Group Inc | Z | 98954M200 | 0.16% | 34,064 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,345 |
| 123 | Toast Inc | TOST | 888787108 | 0.10% | 28,211 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.10% | 1,314 |
| 125 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.09% | 3,264 |
| 126 | Vistra Corp | VST | 92840M102 | 0.08% | 3,616 |
| 127 | Cash & Other | Cash&Other | Cash&Other | -0.06% | -437,637 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 34.85% |
| 1 | Financials | 14.25% |
| 2 | Consumer Discretionary | 10.45% |
| 3 | Industrials | 9.84% |
| 4 | Health Care | 9.42% |
| 5 | Communication Services | 8.50% |
| 6 | Consumer Staples | 5.59% |
| 7 | Materials | 2.58% |
| 8 | Energy | 2.22% |
| 9 | Utilities | 1.10% |
| 10 | Real Estate | 1.04% |
| 11 | Money Market Deposit Account | 0.16% |
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 |
