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.
08/07/2026
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 | Broadcom Inc | AVGO | 11135F101 | 2.90% | 46,903 |
| 1 | NVIDIA Corp | NVDA | 67066G104 | 2.57% | 79,191 |
| 2 | Alphabet Inc | GOOGL | 02079K305 | 2.52% | 49,118 |
| 3 | Eli Lilly & Co | LLY | 532457108 | 2.51% | 14,654 |
| 4 | AbbVie Inc | ABBV | 00287Y109 | 2.38% | 66,850 |
| 5 | Amazon.com Inc | AMZN | 023135106 | 2.33% | 58,578 |
| 6 | Micron Technology Inc | MU | 595112103 | 2.32% | 18,269 |
| 7 | Microsoft Corp | MSFT | 594918104 | 2.27% | 31,404 |
| 8 | Seagate Technology Holdings PLC | STX | G7997R103 | 2.27% | 19,331 |
| 9 | Visa Inc | V | 92826C839 | 2.09% | 39,770 |
| 10 | Apple Inc | AAPL | 037833100 | 2.03% | 44,891 |
| 11 | Mastercard Inc | MA | 57636Q104 | 2.00% | 24,535 |
| 12 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.87% | 24,705 |
| 13 | Johnson & Johnson | JNJ | 478160104 | 1.86% | 49,608 |
| 14 | Oracle Corp | ORCL | 68389X105 | 1.78% | 83,612 |
| 15 | Western Digital Corp | WDC | 958102105 | 1.78% | 28,277 |
| 16 | Costco Wholesale Corp | COST | 22160K105 | 1.68% | 12,235 |
| 17 | Home Depot Inc/The | HD | 437076102 | 1.64% | 31,774 |
| 18 | Meta Platforms Inc | META | 30303M102 | 1.64% | 19,110 |
| 19 | Walmart Inc | WMT | 931142103 | 1.56% | 96,391 |
| 20 | Lam Research Corp | LRCX | 512807306 | 1.41% | 31,264 |
| 21 | Howmet Aerospace Inc | HWM | 443201108 | 1.20% | 29,354 |
| 22 | Booking Holdings Inc | BKNG | 09857L108 | 1.16% | 37,525 |
| 23 | TJX Cos Inc/The | TJX | 872540109 | 1.13% | 48,387 |
| 24 | Sezzle Inc | SEZL | 78435P105 | 1.08% | 62,952 |
| 25 | Newmont Corp | NEM | 651639106 | 1.01% | 61,532 |
| 26 | Intuit Inc | INTU | 461202103 | 1.00% | 21,284 |
| 27 | ExxonMobil Holdings Corp | XOM | 30233Q108 | 1.00% | 45,059 |
| 28 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.94% | 71,959 |
| 29 | Fortinet Inc | FTNT | 34959E109 | 0.94% | 40,600 |
| 30 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.93% | 99,165 |
| 31 | Constellation Energy Corp | CEG | 21037T109 | 0.93% | 23,779 |
| 32 | Moody's Corp | MCO | 615369105 | 0.93% | 13,498 |
| 33 | Adobe Inc | ADBE | 00724F101 | 0.92% | 23,937 |
| 34 | Salesforce Inc | CRM | 79466L302 | 0.92% | 32,943 |
| 35 | Sherwin-Williams Co/The | SHW | 824348106 | 0.90% | 16,747 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.89% | 20,740 |
| 37 | Altria Group Inc | MO | 02209S103 | 0.87% | 88,210 |
| 38 | Clear Secure Inc | YOU | 18467V109 | 0.85% | 114,072 |
| 39 | Colgate-Palmolive Co | CL | 194162103 | 0.84% | 62,262 |
| 40 | UiPath Inc | PATH | 90364P105 | 0.82% | 378,745 |
| 41 | Gilead Sciences Inc | GILD | 375558103 | 0.80% | 41,376 |
| 42 | Advanced Micro Devices Inc | AMD | 007903107 | 0.77% | 11,032 |
| 43 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.77% | 14,896 |
| 44 | eBay Inc | EBAY | 278642103 | 0.73% | 44,758 |
| 45 | Parker-Hannifin Corp | PH | 701094104 | 0.73% | 4,671 |
| 46 | Uber Technologies Inc | UBER | 90353T100 | 0.73% | 66,920 |
| 47 | Progressive Corp/The | PGR | 743315103 | 0.72% | 23,178 |
| 48 | Cintas Corp | CTAS | 172908105 | 0.71% | 24,057 |
| 49 | IES Holdings Inc | IESC | 44951W106 | 0.71% | 6,398 |
| 50 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.70% | 15,093 |
| 51 | Palantir Technologies Inc | PLTR | 69608A108 | 0.69% | 27,525 |
| 52 | KLA CORP | KLAC | 482480100 | 0.68% | 23,610 |
| 53 | Abercrombie & Fitch Co | ANF | 002896207 | 0.66% | 40,192 |
| 54 | Exelixis Inc | EXEL | 30161Q104 | 0.66% | 84,580 |
| 55 | Netflix Inc | NFLX | 64110L106 | 0.66% | 61,210 |
| 56 | Southern Copper Corp | SCCO | 84265V105 | 0.66% | 22,959 |
| 57 | F5 Inc | FFIV | 315616102 | 0.65% | 11,228 |
| 58 | Covista Inc | CVSA | 00737L103 | 0.63% | 30,667 |
| 59 | Federated Hermes Inc | FHI | 314211103 | 0.63% | 68,916 |
| 60 | Reddit Inc | RDDT | 75734B100 | 0.63% | 26,873 |
| 61 | Cargurus Inc | CARG | 141788109 | 0.59% | 105,396 |
| 62 | T-Mobile US Inc | TMUS | 872590104 | 0.55% | 21,519 |
| 63 | Vicor Corp | VICR | 925815102 | 0.55% | 17,141 |
| 64 | Vertiv Holdings Co | VRT | 92537N108 | 0.55% | 14,036 |
| 65 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.54% | 13,027 |
| 66 | Morningstar Inc | MORN | 617700109 | 0.54% | 18,744 |
| 67 | Blue Bird Corp | BLBD | 095306106 | 0.53% | 52,961 |
| 68 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.52% | 9,840 |
| 69 | Armstrong World Industries Inc | AWI | 04247X102 | 0.51% | 18,843 |
| 70 | Fastenal Co | FAST | 311900104 | 0.50% | 67,208 |
| 71 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.50% | 5,884 |
| 72 | Federal Signal Corp | FSS | 313855108 | 0.48% | 25,901 |
| 73 | SEI Investments Co | SEIC | 784117103 | 0.48% | 31,426 |
| 74 | TechnipFMC PLC | FTI | G87110105 | 0.47% | 46,697 |
| 75 | New York Times Co/The | NYT | 650111107 | 0.46% | 50,342 |
| 76 | Tidewater Inc | TDW | 88642R109 | 0.46% | 38,248 |
| 77 | AppLovin Corp | APP | 03831W108 | 0.45% | 9,012 |
| 78 | EMCOR Group Inc | EME | 29084Q100 | 0.45% | 3,786 |
| 79 | Gentex Corp | GNTX | 371901109 | 0.45% | 128,495 |
| 80 | InterDigital Inc | IDCC | 45867G101 | 0.45% | 9,050 |
| 81 | Oceaneering International Inc | OII | 675232102 | 0.45% | 65,272 |
| 82 | Qualys Inc | QLYS | 74758T303 | 0.45% | 16,886 |
| 83 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.44% | 19,607 |
| 84 | DoorDash Inc | DASH | 25809K105 | 0.43% | 13,759 |
| 85 | Erie Indemnity Co | ERIE | 29530P102 | 0.43% | 11,882 |
| 86 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.43% | 19,475 |
| 87 | PTC Inc | PTC | 69370C100 | 0.43% | 19,943 |
| 88 | Fox Corp | FOXA | 35137L105 | 0.41% | 44,753 |
| 89 | Nextpower Inc | NXT | 65290E101 | 0.41% | 27,298 |
| 90 | Powell Industries Inc | POWL | 739128106 | 0.41% | 13,434 |
| 91 | HubSpot Inc | HUBS | 443573100 | 0.40% | 13,113 |
| 92 | Cirrus Logic Inc | CRUS | 172755100 | 0.38% | 21,050 |
| 93 | St Joe Co/The | JOE | 790148100 | 0.38% | 39,465 |
| 94 | Fair Isaac Corp | FICO | 303250104 | 0.37% | 2,487 |
| 95 | Deckers Outdoor Corp | DECK | 243537107 | 0.36% | 25,256 |
| 96 | Evercore Inc | EVR | 29977A105 | 0.36% | 8,063 |
| 97 | Pegasystems Inc | PEGA | 705573103 | 0.36% | 75,885 |
| 98 | Piper Sandler Cos | PIPR | 724078209 | 0.36% | 32,836 |
| 99 | Winmark Corp | WINA | 974250102 | 0.36% | 6,798 |
| 100 | Pathward Financial Inc | CASH | 59100U108 | 0.34% | 27,260 |
| 101 | Samsara Inc | IOT | 79589L106 | 0.33% | 56,260 |
| 102 | Manhattan Associates Inc | MANH | 562750109 | 0.31% | 10,996 |
| 103 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.31% | 56,743 |
| 104 | Tradeweb Markets Inc | TW | 892672106 | 0.31% | 20,866 |
| 105 | A O Smith Corp | AOS | 831865209 | 0.30% | 32,718 |
| 106 | Pinterest Inc | PINS | 72352L106 | 0.30% | 86,504 |
| 107 | Monster Beverage Corp | MNST | 61174X109 | 0.29% | 22,464 |
| 108 | Napco Security Technologies Inc | NSSC | 630402105 | 0.29% | 48,203 |
| 109 | Appfolio Inc | APPF | 03783C100 | 0.25% | 8,821 |
| 110 | YETI Holdings Inc | YETI | 98585X104 | 0.24% | 32,221 |
| 111 | Rambus Inc | RMBS | 750917106 | 0.22% | 14,873 |
| 112 | Cal-Maine Foods Inc | CALM | 128030202 | 0.21% | 17,320 |
| 113 | Dave Inc | DAVE | 23834J201 | 0.21% | 4,610 |
| 114 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.21% | 39,148 |
| 115 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.21% | 2,406 |
| 116 | Boston Scientific Corp | BSX | 101137107 | 0.19% | 26,903 |
| 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 | Trade Desk Inc/The | TTD | 88339J105 | 0.12% | 58,805 |
| 122 | MSCI Inc | MSCI | 55354G100 | 0.11% | 1,321 |
| 123 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.11% | 757,408 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.10% | 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 | 0.02% | 135,382 |
As of DATE
As of DATE
| index | Name | Weight |
|---|---|---|
| 0 | Information Technology | 33.84% |
| 1 | Financials | 14.96% |
| 2 | Consumer Discretionary | 10.59% |
| 3 | Industrials | 10.36% |
| 4 | Health Care | 10.12% |
| 5 | Communication Services | 7.84% |
| 6 | Consumer Staples | 5.59% |
| 7 | Materials | 2.45% |
| 8 | Energy | 2.13% |
| 9 | Real Estate | 1.05% |
| 10 | Utilities | 0.95% |
| 11 | Money Market Deposit Account | 0.12% |
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 |
