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.
05/15/2026
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 | 3.04% | 47,653 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.97% | 49,904 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.72% | 80,457 |
| 3 | Oracle Corp | ORCL | 68389X105 | 2.46% | 84,944 |
| 4 | Amazon.com Inc | AMZN | 023135106 | 2.36% | 59,514 |
| 5 | Seagate Technology Holdings PLC | STX | G7997R103 | 2.35% | 19,637 |
| 6 | Eli Lilly & Co | LLY | 532457108 | 2.25% | 14,888 |
| 7 | AbbVie Inc | ABBV | 00287Y109 | 2.15% | 67,918 |
| 8 | Western Digital Corp | WDC | 958102105 | 2.08% | 28,727 |
| 9 | Apple Inc | AAPL | 037833100 | 2.06% | 45,605 |
| 10 | Microsoft Corp | MSFT | 594918104 | 2.02% | 31,908 |
| 11 | Micron Technology Inc | MU | 595112103 | 2.02% | 18,563 |
| 12 | Visa Inc | V | 92826C839 | 1.98% | 40,406 |
| 13 | Costco Wholesale Corp | COST | 22160K105 | 1.96% | 12,433 |
| 14 | Walmart Inc | WMT | 931142103 | 1.93% | 97,927 |
| 15 | Mastercard Inc | MA | 57636Q104 | 1.85% | 24,925 |
| 16 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.82% | 25,101 |
| 17 | Meta Platforms Inc | META | 30303M102 | 1.79% | 19,416 |
| 18 | Johnson & Johnson | JNJ | 478160104 | 1.72% | 50,400 |
| 19 | Home Depot Inc/The | HD | 437076102 | 1.44% | 32,284 |
| 20 | Lam Research Corp | LRCX | 512807306 | 1.36% | 31,762 |
| 21 | Intuit Inc | INTU | 461202103 | 1.28% | 21,626 |
| 22 | Howmet Aerospace Inc | HWM | 443201108 | 1.17% | 29,822 |
| 23 | TJX Cos Inc/The | TJX | 872540109 | 1.09% | 49,161 |
| 24 | Exxon Mobil Corp | XOM | 30231G102 | 1.09% | 45,779 |
| 25 | Clear Secure Inc | YOU | 18467V109 | 1.03% | 115,890 |
| 26 | Newmont Corp | NEM | 651639106 | 1.02% | 62,516 |
| 27 | Altria Group Inc | MO | 02209S103 | 0.98% | 89,620 |
| 28 | Constellation Energy Corp | CEG | 21037T109 | 0.97% | 24,157 |
| 29 | Sezzle Inc | SEZL | 78435P105 | 0.95% | 63,954 |
| 30 | Adobe Inc | ADBE | 00724F101 | 0.90% | 24,321 |
| 31 | Booking Holdings Inc | BKNG | 09857L108 | 0.88% | 38,125 |
| 32 | Moody's Corp | MCO | 615369105 | 0.88% | 13,714 |
| 33 | Salesforce Inc | CRM | 79466L302 | 0.87% | 33,471 |
| 34 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.86% | 100,749 |
| 35 | Colgate-Palmolive Co | CL | 194162103 | 0.84% | 63,258 |
| 36 | Gilead Sciences Inc | GILD | 375558103 | 0.82% | 42,036 |
| 37 | Netflix Inc | NFLX | 64110L106 | 0.81% | 62,188 |
| 38 | eBay Inc | EBAY | 278642103 | 0.79% | 45,472 |
| 39 | Vertiv Holdings Co | VRT | 92537N108 | 0.79% | 14,258 |
| 40 | Illinois Tool Works Inc | ITW | 452308109 | 0.78% | 21,070 |
| 41 | Sherwin-Williams Co/The | SHW | 824348106 | 0.77% | 17,017 |
| 42 | Uber Technologies Inc | UBER | 90353T100 | 0.77% | 67,988 |
| 43 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.76% | 73,105 |
| 44 | Fortinet Inc | FTNT | 34959E109 | 0.76% | 41,248 |
| 45 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.72% | 13,237 |
| 46 | Vicor Corp | VICR | 925815102 | 0.72% | 17,417 |
| 47 | Advanced Micro Devices Inc | AMD | 007903107 | 0.71% | 11,206 |
| 48 | Progressive Corp/The | PGR | 743315103 | 0.71% | 23,550 |
| 49 | AppLovin Corp | APP | 03831W108 | 0.69% | 9,156 |
| 50 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.68% | 15,136 |
| 51 | IES Holdings Inc | IESC | 44951W106 | 0.67% | 6,500 |
| 52 | Exelixis Inc | EXEL | 30161Q104 | 0.65% | 85,930 |
| 53 | KLA CORP | KLAC | 482480100 | 0.65% | 2,397 |
| 54 | Reddit Inc | RDDT | 75734B100 | 0.65% | 27,299 |
| 55 | Cintas Corp | CTAS | 172908105 | 0.62% | 24,441 |
| 56 | F5 Inc | FFIV | 315616102 | 0.62% | 11,408 |
| 57 | Southern Copper Corp | SCCO | 84265V105 | 0.62% | 23,319 |
| 58 | Parker-Hannifin Corp | PH | 701094104 | 0.61% | 4,743 |
| 59 | T-Mobile US Inc | TMUS | 872590104 | 0.61% | 21,861 |
| 60 | Nextpower Inc | NXT | 65290E101 | 0.60% | 27,736 |
| 61 | Powell Industries Inc | POWL | 739128106 | 0.60% | 13,650 |
| 62 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.60% | 15,333 |
| 63 | UiPath Inc | PATH | 90364P105 | 0.59% | 384,787 |
| 64 | Blue Bird Corp | BLBD | 095306106 | 0.58% | 53,807 |
| 65 | Covista Inc | CVSA | 00737L103 | 0.58% | 31,159 |
| 66 | Federated Hermes Inc | FHI | 314211103 | 0.57% | 70,014 |
| 67 | New York Times Co/The | NYT | 650111107 | 0.57% | 51,146 |
| 68 | Palantir Technologies Inc | PLTR | 69608A108 | 0.56% | 27,963 |
| 69 | EMCOR Group Inc | EME | 29084Q100 | 0.53% | 3,846 |
| 70 | Cirrus Logic Inc | CRUS | 172755100 | 0.51% | 21,386 |
| 71 | TechnipFMC PLC | FTI | G87110105 | 0.51% | 47,441 |
| 72 | Morningstar Inc | MORN | 617700109 | 0.49% | 19,044 |
| 73 | Tidewater Inc | TDW | 88642R109 | 0.48% | 38,860 |
| 74 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.47% | 5,980 |
| 75 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.47% | 19,787 |
| 76 | Cargurus Inc | CARG | 141788109 | 0.46% | 107,076 |
| 77 | Armstrong World Industries Inc | AWI | 04247X102 | 0.45% | 19,143 |
| 78 | Gentex Corp | GNTX | 371901109 | 0.45% | 130,547 |
| 79 | Fastenal Co | FAST | 311900104 | 0.44% | 68,282 |
| 80 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,467 |
| 81 | Federal Signal Corp | FSS | 313855108 | 0.44% | 26,315 |
| 82 | Abercrombie & Fitch Co | ANF | 002896207 | 0.43% | 40,834 |
| 83 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.43% | 9,996 |
| 84 | PTC Inc | PTC | 69370C100 | 0.43% | 20,261 |
| 85 | SEI Investments Co | SEIC | 784117103 | 0.43% | 31,930 |
| 86 | Fair Isaac Corp | FICO | 303250104 | 0.42% | 2,529 |
| 87 | Evercore Inc | EVR | 29977A105 | 0.41% | 8,189 |
| 88 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.41% | 19,919 |
| 89 | HubSpot Inc | HUBS | 443573100 | 0.40% | 13,323 |
| 90 | Erie Indemnity Co | ERIE | 29530P102 | 0.39% | 12,074 |
| 91 | Pegasystems Inc | PEGA | 705573103 | 0.39% | 77,097 |
| 92 | Piper Sandler Cos | PIPR | 724078209 | 0.39% | 33,364 |
| 93 | St Joe Co/The | JOE | 790148100 | 0.38% | 40,095 |
| 94 | Oceaneering International Inc | OII | 675232102 | 0.38% | 66,316 |
| 95 | Deckers Outdoor Corp | DECK | 243537107 | 0.36% | 25,658 |
| 96 | InterDigital Inc | IDCC | 45867G101 | 0.36% | 9,194 |
| 97 | Winmark Corp | WINA | 974250102 | 0.36% | 6,906 |
| 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 | 0.33% | 13,981 |
| 101 | Monster Beverage Corp | MNST | 61174X109 | 0.30% | 22,824 |
| 102 | Rambus Inc | RMBS | 750917106 | 0.29% | 15,113 |
| 103 | A O Smith Corp | AOS | 831865209 | 0.28% | 33,240 |
| 104 | Napco Security Technologies Inc | NSSC | 630402105 | 0.27% | 48,971 |
| 105 | Pinterest Inc | PINS | 72352L106 | 0.26% | 87,884 |
| 106 | LiveRamp Holdings Inc | RAMP | 53815P108 | 0.26% | 57,649 |
| 107 | Samsara Inc | IOT | 79589L106 | 0.25% | 57,160 |
| 108 | Qualys Inc | QLYS | 74758T303 | 0.23% | 17,156 |
| 109 | Boston Scientific Corp | BSX | 101137107 | 0.22% | 27,335 |
| 110 | Manhattan Associates Inc | MANH | 562750109 | 0.22% | 11,170 |
| 111 | YETI Holdings Inc | YETI | 98585X104 | 0.21% | 32,737 |
| 112 | Appfolio Inc | APPF | 03783C100 | 0.20% | 8,959 |
| 113 | Cal-Maine Foods Inc | CALM | 128030202 | 0.20% | 17,596 |
| 114 | Enerpac Tool Group Corp | EPAC | 292765104 | 0.20% | 39,772 |
| 115 | Trade Desk Inc/The | TTD | 88339J105 | 0.19% | 59,741 |
| 116 | Zillow Group Inc | Z | 98954M200 | 0.19% | 34,064 |
| 117 | Ubiquiti Inc | UI | 90353W103 | 0.18% | 1,974 |
| 118 | Dave Inc | DAVE | 23834J201 | 0.17% | 4,682 |
| 119 | United States Lime & Minerals Inc | USLM | 911922102 | 0.17% | 11,131 |
| 120 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.16% | 1,040,506 |
| 121 | Medpace Holdings Inc | MEDP | 58506Q109 | 0.15% | 2,442 |
| 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 | 0.02% | 103,242 |
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 |
