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.
04/24/2026
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 | 3.09% | 47,403 |
| 1 | Alphabet Inc | GOOGL | 02079K305 | 2.64% | 49,642 |
| 2 | NVIDIA Corp | NVDA | 67066G104 | 2.57% | 80,035 |
| 3 | Amazon.com Inc | AMZN | 023135106 | 2.41% | 59,202 |
| 4 | Oracle Corp | ORCL | 68389X105 | 2.26% | 84,500 |
| 5 | Microsoft Corp | MSFT | 594918104 | 2.08% | 31,740 |
| 6 | AbbVie Inc | ABBV | 00287Y109 | 2.07% | 67,562 |
| 7 | Eli Lilly & Co | LLY | 532457108 | 2.02% | 14,810 |
| 8 | Meta Platforms Inc | META | 30303M102 | 2.01% | 19,314 |
| 9 | Walmart Inc | WMT | 931142103 | 1.95% | 97,415 |
| 10 | Costco Wholesale Corp | COST | 22160K105 | 1.93% | 12,367 |
| 11 | Mastercard Inc | MA | 57636Q104 | 1.93% | 24,795 |
| 12 | Visa Inc | V | 92826C839 | 1.92% | 40,194 |
| 13 | Apple Inc | AAPL | 037833100 | 1.90% | 45,367 |
| 14 | Berkshire Hathaway Inc | BRK/B | 084670702 | 1.81% | 24,969 |
| 15 | Western Digital Corp | WDC | 958102105 | 1.78% | 28,577 |
| 16 | Seagate Technology Holdings PLC | STX | G7997R103 | 1.77% | 19,535 |
| 17 | Johnson & Johnson | JNJ | 478160104 | 1.76% | 50,136 |
| 18 | Home Depot Inc/The | HD | 437076102 | 1.66% | 32,114 |
| 19 | Micron Technology Inc | MU | 595112103 | 1.41% | 18,465 |
| 20 | Intuit Inc | INTU | 461202103 | 1.31% | 21,512 |
| 21 | Lam Research Corp | LRCX | 512807306 | 1.30% | 31,596 |
| 22 | TJX Cos Inc/The | TJX | 872540109 | 1.18% | 48,903 |
| 23 | Constellation Energy Corp | CEG | 21037T109 | 1.16% | 24,031 |
| 24 | Newmont Corp | NEM | 651639106 | 1.16% | 62,188 |
| 25 | Howmet Aerospace Inc | HWM | 443201108 | 1.11% | 29,666 |
| 26 | Booking Holdings Inc | BKNG | 09857L108 | 1.05% | 37,925 |
| 27 | Exxon Mobil Corp | XOM | 30231G102 | 1.05% | 45,539 |
| 28 | Clear Secure Inc | YOU | 18467V109 | 0.97% | 115,284 |
| 29 | Moody's Corp | MCO | 615369105 | 0.96% | 13,642 |
| 30 | Adobe Inc | ADBE | 00724F101 | 0.92% | 24,193 |
| 31 | Altria Group Inc | MO | 02209S103 | 0.92% | 89,150 |
| 32 | Bristol-Myers Squibb Co | BMY | 110122108 | 0.91% | 100,221 |
| 33 | Salesforce Inc | CRM | 79466L302 | 0.91% | 33,295 |
| 34 | Netflix Inc | NFLX | 64110L106 | 0.88% | 61,862 |
| 35 | Sherwin-Williams Co/The | SHW | 824348106 | 0.88% | 16,927 |
| 36 | Illinois Tool Works Inc | ITW | 452308109 | 0.87% | 20,960 |
| 37 | Gilead Sciences Inc | GILD | 375558103 | 0.84% | 41,816 |
| 38 | Colgate-Palmolive Co | CL | 194162103 | 0.82% | 62,926 |
| 39 | Uber Technologies Inc | UBER | 90353T100 | 0.78% | 67,632 |
| 40 | Sezzle Inc | SEZL | 78435P105 | 0.77% | 63,620 |
| 41 | Acadian Asset Management Inc | AAMI | 10948W103 | 0.76% | 72,723 |
| 42 | Progressive Corp/The | PGR | 743315103 | 0.73% | 23,426 |
| 43 | Vicor Corp | VICR | 925815102 | 0.73% | 17,325 |
| 44 | JPMORGAN CHASE & CO. | JPM | 46625H100 | 0.72% | 15,056 |
| 45 | KLA CORP | KLAC | 482480100 | 0.71% | 2,385 |
| 46 | Parker-Hannifin Corp | PH | 701094104 | 0.71% | 4,719 |
| 47 | Vertiv Holdings Co | VRT | 92537N108 | 0.71% | 14,184 |
| 48 | eBay Inc | EBAY | 278642103 | 0.68% | 45,234 |
| 49 | Cintas Corp | CTAS | 172908105 | 0.66% | 24,313 |
| 50 | Reddit Inc | RDDT | 75734B100 | 0.65% | 27,157 |
| 51 | Southern Copper Corp | SCCO | 84265V105 | 0.64% | 22,968 |
| 52 | T-Mobile US Inc | TMUS | 872590104 | 0.64% | 21,747 |
| 53 | AppLovin Corp | APP | 03831W108 | 0.63% | 9,108 |
| 54 | New York Times Co/The | NYT | 650111107 | 0.63% | 50,878 |
| 55 | Royal Caribbean Cruises Ltd | RCL | V7780T103 | 0.63% | 15,253 |
| 56 | Cargurus Inc | CARG | 141788109 | 0.62% | 106,516 |
| 57 | Cboe Global Markets Inc | CBOE | 12503M108 | 0.62% | 13,167 |
| 58 | UiPath Inc | PATH | 90364P105 | 0.61% | 382,773 |
| 59 | Palantir Technologies Inc | PLTR | 69608A108 | 0.61% | 27,817 |
| 60 | Advanced Micro Devices Inc | AMD | 007903107 | 0.60% | 11,148 |
| 61 | Federated Hermes Inc | FHI | 314211103 | 0.60% | 69,648 |
| 62 | IES Holdings Inc | IESC | 44951W106 | 0.60% | 6,466 |
| 63 | Exelixis Inc | EXEL | 30161Q104 | 0.59% | 85,480 |
| 64 | Cirrus Logic Inc | CRUS | 172755100 | 0.57% | 21,274 |
| 65 | Abercrombie & Fitch Co | ANF | 002896207 | 0.55% | 40,620 |
| 66 | Blue Bird Corp | BLBD | 095306106 | 0.54% | 53,525 |
| 67 | TechnipFMC PLC | FTI | G87110105 | 0.54% | 47,193 |
| 68 | F5 Inc | FFIV | 315616102 | 0.53% | 11,348 |
| 69 | Fortinet Inc | FTNT | 34959E109 | 0.53% | 41,032 |
| 70 | Powell Industries Inc | POWL | 739128106 | 0.53% | 13,578 |
| 71 | Tidewater Inc | TDW | 88642R109 | 0.53% | 38,656 |
| 72 | Armstrong World Industries Inc | AWI | 04247X102 | 0.52% | 19,043 |
| 73 | InterDigital Inc | IDCC | 45867G101 | 0.52% | 9,146 |
| 74 | IDEXX Laboratories Inc | IDXX | 45168D104 | 0.52% | 5,948 |
| 75 | Jones Lang LaSalle Inc | JLL | 48020Q107 | 0.52% | 9,944 |
| 76 | Nextpower Inc | NXT | 65290E101 | 0.52% | 27,590 |
| 77 | Covista Inc | CVSA | 00737L103 | 0.51% | 30,995 |
| 78 | EMCOR Group Inc | EME | 29084Q100 | 0.51% | 3,826 |
| 79 | Morningstar Inc | MORN | 617700109 | 0.51% | 18,944 |
| 80 | Grand Canyon Education Inc | LOPE | 38526M106 | 0.50% | 19,683 |
| 81 | Gentex Corp | GNTX | 371901109 | 0.48% | 129,863 |
| 82 | Fastenal Co | FAST | 311900104 | 0.47% | 67,924 |
| 83 | Federal Signal Corp | FSS | 313855108 | 0.47% | 26,177 |
| 84 | HubSpot Inc | HUBS | 443573100 | 0.46% | 13,253 |
| 85 | Jack Henry & Associates Inc | JKHY | 426281101 | 0.46% | 19,815 |
| 86 | Fox Corp | FOXA | 35137L105 | 0.44% | 45,229 |
| 87 | St Joe Co/The | JOE | 790148100 | 0.44% | 39,885 |
| 88 | Pegasystems Inc | PEGA | 705573103 | 0.44% | 76,693 |
| 89 | Piper Sandler Cos | PIPR | 724078209 | 0.44% | 33,188 |
| 90 | Deckers Outdoor Corp | DECK | 243537107 | 0.43% | 25,524 |
| 91 | Erie Indemnity Co | ERIE | 29530P102 | 0.43% | 12,010 |
| 92 | Evercore Inc | EVR | 29977A105 | 0.43% | 8,147 |
| 93 | PTC Inc | PTC | 69370C100 | 0.43% | 20,155 |
| 94 | SEI Investments Co | SEIC | 784117103 | 0.43% | 31,762 |
| 95 | Winmark Corp | WINA | 974250102 | 0.42% | 6,870 |
| 96 | Fair Isaac Corp | FICO | 303250104 | 0.39% | 2,515 |
| 97 | DoorDash Inc | DASH | 25809K105 | 0.38% | 13,907 |
| 98 | Oceaneering International Inc | OII | 675232102 | 0.38% | 65,968 |
| 99 | Pathward Financial Inc | CASH | 59100U108 | 0.37% | 27,552 |
| 100 | Rambus Inc | RMBS | 750917106 | 0.37% | 15,033 |
| 101 | Tradeweb Markets Inc | TW | 892672106 | 0.37% | 21,086 |
| 102 | Napco Security Technologies Inc | NSSC | 630402105 | 0.34% | 48,715 |
| 103 | A O Smith Corp | AOS | 831865209 | 0.33% | 33,066 |
| 104 | Ubiquiti Inc | UI | 90353W103 | 0.31% | 1,964 |
| 105 | Monster Beverage Corp | MNST | 61174X109 | 0.27% | 22,704 |
| 106 | Pinterest Inc | PINS | 72352L106 | 0.27% | 87,424 |
| 107 | Boston Scientific Corp | BSX | 101137107 | 0.26% | 27,191 |
| 108 | Samsara Inc | IOT | 79589L106 | 0.26% | 56,860 |
| 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 | Appfolio Inc | APPF | 03783C100 | 0.23% | 8,913 |
| 113 | Qualys Inc | QLYS | 74758T303 | 0.22% | 17,066 |
| 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 | 0.15% | 2,430 |
| 121 | Toast Inc | TOST | 888787108 | 0.13% | 28,063 |
| 122 | U.S. Bank Money Market Deposit Account 06/01/2031 | USBFS03 | 8AMMF0A84 | 0.13% | 849,652 |
| 123 | MSCI Inc | MSCI | 55354G100 | 0.12% | 1,337 |
| 124 | United Therapeutics Corp | UTHR | 91307C102 | 0.11% | 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 | 0.02% | 140,843 |
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 |
