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.
04/21/2026
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 | 3.08% | 47,403 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.59% | 49,642 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.49% | 80,035 |
| 3 | Oracle Corp | ORCL | 68389X105 | 2.43% | 84,500 |
| 4 | Amazon.com Inc | AMZN | 023135106 | 2.32% | 59,202 |
| 5 | Microsoft Corp | MSFT | 594918104 | 2.11% | 31,740 |
| 6 | Eli Lilly & Co | LLY | 532457108 | 2.10% | 14,810 |
| 7 | AbbVie Inc | ABBV | 00287Y109 | 2.08% | 67,562 |
| 8 | Meta Platforms Inc | META | 30303M102 | 2.00% | 19,314 |
| 9 | Mastercard Inc | MA | 57636Q104 | 1.94% | 24,795 |
| 10 | Walmart Inc | WMT | 931142103 | 1.94% | 97,415 |
| 11 | Visa Inc | V | 92826C839 | 1.92% | 40,194 |
| 12 | Costco Wholesale Corp | COST | 22160K105 | 1.91% | 12,367 |
| 13 | Apple Inc | AAPL | 037833100 | 1.90% | 45,367 |
| 14 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.78% | 24,969 |
| 15 | Johnson & Johnson | JNJ | 478160104 | 1.74% | 50,136 |
| 16 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.74% | 19,535 |
| 17 | Western Digital Corp | WDC | 958102105 | 1.71% | 28,577 |
| 18 | Home Depot Inc/The | HD | 437076102 | 1.67% | 32,114 |
| 19 | Micron Technology Inc | MU | 595112103 | 1.38% | 18,465 |
| 20 | Intuit Inc | INTU | 461202103 | 1.35% | 21,512 |
| 21 | Lam Research Corp | LRCX | 512807306 | 1.29% | 31,596 |
| 22 | TJX Cos Inc/The | TJX | 872540109 | 1.19% | 48,903 |
| 23 | Howmet Aerospace Inc | HWM | 443201108 | 1.10% | 29,666 |
| 24 | Newmont Corp | NEM | 651639106 | 1.07% | 62,188 |
| 25 | Constellation Energy Corp | CEG | 21037T109 | 1.06% | 24,031 |
| 26 | Exxon Mobil Corp | XOM | 30231G102 | 1.05% | 45,539 |
| 27 | Booking Holdings Inc | BKNG | 09857L108 | 1.04% | 37,925 |
| 28 | Clear Secure Inc | YOU | 18467V109 | 1.01% | 115,284 |
| 29 | Moody's Corp | MCO | 615369105 | 0.98% | 13,642 |
| 30 | Salesforce Inc | CRM | 79466L302 | 0.97% | 33,295 |
| 31 | Adobe Inc | ADBE | 00724F101 | 0.95% | 24,193 |
| 32 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.90% | 100,221 |
| 33 | Altria Group Inc | MO | 02209S103 | 0.89% | 89,150 |
| 34 | Netflix Inc | NFLX | 64110L106 | 0.89% | 61,862 |
| 35 | Sherwin-Williams Co/The | SHW | 824348106 | 0.87% | 16,927 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.86% | 20,960 |
| 37 | Gilead Sciences Inc | GILD | 375558103 | 0.85% | 41,816 |
| 38 | Sezzle Inc | SEZL | 78435P105 | 0.83% | 63,620 |
| 39 | Colgate-Palmolive Co | CL | 194162103 | 0.80% | 62,926 |
| 40 | Uber Technologies Inc | UBER | 90353T100 | 0.78% | 67,632 |
| 41 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.76% | 72,723 |
| 42 | eBay Inc | EBAY | 278642103 | 0.73% | 45,234 |
| 43 | Progressive Corp/The | PGR | 743315103 | 0.73% | 23,426 |
| 44 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.72% | 15,056 |
| 45 | Vicor Corp | VICR | 925815102 | 0.71% | 17,325 |
| 46 | Parker-Hannifin Corp | PH | 701094104 | 0.69% | 4,719 |
| 47 | Reddit Inc | RDDT | 75734B100 | 0.69% | 27,157 |
| 48 | AppLovin Corp | APP | 03831W108 | 0.68% | 9,108 |
| 49 | KLA CORP | KLAC | 482480100 | 0.66% | 2,385 |
| 50 | Southern Copper Corp | SCCO | 84265V105 | 0.66% | 22,968 |
| 51 | Vertiv Holdings Co | VRT | 92537N108 | 0.66% | 14,184 |
| 52 | Cintas Corp | CTAS | 172908105 | 0.65% | 24,313 |
| 53 | Palantir Technologies Inc | PLTR | 69608A108 | 0.65% | 27,817 |
| 54 | UiPath Inc | PATH | 90364P105 | 0.64% | 382,773 |
| 55 | New York Times Co/The | NYT | 650111107 | 0.63% | 50,878 |
| 56 | T-Mobile US Inc | TMUS | 872590104 | 0.63% | 21,747 |
| 57 | Cargurus Inc | CARG | 141788109 | 0.62% | 106,516 |
| 58 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.62% | 15,253 |
| 59 | Exelixis Inc | EXEL | 30161Q104 | 0.61% | 85,480 |
| 60 | Federated Hermes Inc | FHI | 314211103 | 0.61% | 69,648 |
| 61 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.60% | 13,167 |
| 62 | Abercrombie & Fitch Co | ANF | 002896207 | 0.58% | 40,620 |
| 63 | IES Holdings Inc | IESC | 44951W106 | 0.58% | 6,466 |
| 64 | Cirrus Logic Inc | CRUS | 172755100 | 0.56% | 21,274 |
| 65 | Covista Inc | CVSA | 00737L103 | 0.56% | 30,995 |
| 66 | Fortinet Inc | FTNT | 34959E109 | 0.55% | 41,032 |
| 67 | F5 Inc | FFIV | 315616102 | 0.54% | 11,348 |
| 68 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.54% | 9,944 |
| 69 | Morningstar Inc | MORN | 617700109 | 0.54% | 18,944 |
| 70 | InterDigital Inc | IDCC | 45867G101 | 0.53% | 9,146 |
| 71 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.53% | 5,948 |
| 72 | Advanced Micro Devices Inc | AMD | 007903107 | 0.52% | 11,148 |
| 73 | Armstrong World Industries Inc | AWI | 04247X102 | 0.52% | 19,043 |
| 74 | TechnipFMC PLC | FTI | G87110105 | 0.52% | 47,193 |
| 75 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.52% | 19,683 |
| 76 | Blue Bird Corp | BLBD | 095306106 | 0.51% | 53,525 |
| 77 | EMCOR Group Inc | EME | 29084Q100 | 0.51% | 3,826 |
| 78 | Powell Industries Inc | POWL | 739128106 | 0.51% | 13,578 |
| 79 | Tidewater Inc | TDW | 88642R109 | 0.51% | 38,656 |
| 80 | Nextpower Inc | NXT | 65290E101 | 0.49% | 27,590 |
| 81 | Fastenal Co | FAST | 311900104 | 0.47% | 67,924 |
| 82 | HubSpot Inc | HUBS | 443573100 | 0.47% | 13,253 |
| 83 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.47% | 19,815 |
| 84 | Erie Indemnity Co | ERIE | 29530P102 | 0.46% | 12,010 |
| 85 | Fox Corp | FOXA | 35137L105 | 0.46% | 45,229 |
| 86 | Federal Signal Corp | FSS | 313855108 | 0.46% | 26,177 |
| 87 | Gentex Corp | GNTX | 371901109 | 0.45% | 129,863 |
| 88 | Piper Sandler Cos | PIPR | 724078209 | 0.45% | 33,188 |
| 89 | Evercore Inc | EVR | 29977A105 | 0.44% | 8,147 |
| 90 | Pegasystems Inc | PEGA | 705573103 | 0.44% | 76,693 |
| 91 | PTC Inc | PTC | 69370C100 | 0.44% | 20,155 |
| 92 | Winmark Corp | WINA | 974250102 | 0.43% | 6,870 |
| 93 | Pathward Financial Inc | CASH | 59100U108 | 0.42% | 27,552 |
| 94 | Deckers Outdoor Corp | DECK | 243537107 | 0.42% | 25,524 |
| 95 | St Joe Co/The | JOE | 790148100 | 0.42% | 39,885 |
| 96 | SEI Investments Co | SEIC | 784117103 | 0.41% | 31,762 |
| 97 | DoorDash Inc | DASH | 25809K105 | 0.39% | 13,907 |
| 98 | Oceaneering International Inc | OII | 675232102 | 0.39% | 65,968 |
| 99 | Fair Isaac Corp | FICO | 303250104 | 0.37% | 2,515 |
| 100 | Tradeweb Markets Inc | TW | 892672106 | 0.37% | 21,086 |
| 101 | Napco Security Technologies Inc | NSSC | 630402105 | 0.34% | 48,715 |
| 102 | A O Smith Corp | AOS | 831865209 | 0.33% | 33,066 |
| 103 | Rambus Inc | RMBS | 750917106 | 0.30% | 15,033 |
| 104 | Ubiquiti Inc | UI | 90353W103 | 0.30% | 1,964 |
| 105 | Samsara Inc | IOT | 79589L106 | 0.28% | 56,860 |
| 106 | Pinterest Inc | PINS | 72352L106 | 0.28% | 87,424 |
| 107 | Boston Scientific Corp | BSX | 101137107 | 0.27% | 27,191 |
| 108 | Monster Beverage Corp | MNST | 61174X109 | 0.26% | 22,704 |
| 109 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.26% | 57,347 |
| 110 | Manhattan Associates Inc | MANH | 562750109 | 0.24% | 11,112 |
| 111 | Zillow Group Inc | Z | 98954M200 | 0.24% | 33,886 |
| 112 | Qualys Inc | QLYS | 74758T303 | 0.23% | 17,066 |
| 113 | Appfolio Inc | APPF | 03783C100 | 0.22% | 8,913 |
| 114 | Trade Desk Inc/The | TTD | 88339J105 | 0.22% | 59,429 |
| 115 | United States Lime & Minerals Inc | USLM | 911922102 | 0.22% | 11,073 |
| 116 | Cal-Maine Foods Inc | CALM | 128030202 | 0.21% | 17,504 |
| 117 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.21% | 39,564 |
| 118 | Dave Inc | DAVE | 23834J201 | 0.20% | 4,658 |
| 119 | YETI Holdings Inc | YETI | 98585X104 | 0.20% | 32,565 |
| 120 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.19% | 2,430 |
| 121 | Toast Inc | TOST | 888787108 | 0.13% | 28,063 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,337 |
| 123 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.12% | 792,902 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.12% | 1,308 |
| 125 | AMERICAN TOWER CORP | AMT | 03027X100 | 0.09% | 3,246 |
| 126 | Vistra Corp | VST | 92840M102 | 0.09% | 3,598 |
| 127 | Cash & Other | Cash&Other | Cash&Other | 0.04% | 232,745 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 29.21% |
| 1 | Financials | 15.27% |
| 2 | Consumer Discretionary | 11.33% |
| 3 | Health Care | 10.58% |
| 4 | Industrials | 9.93% |
| 5 | Communication Services | 8.87% |
| 6 | Consumer Staples | 6.48% |
| 7 | Materials | 2.94% |
| 8 | Energy | 2.77% |
| 9 | Real Estate | 1.26% |
| 10 | Utilities | 1.22% |
| 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 | 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 |
