VSLU Applied Finance Valuation Large Cap ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

VSLU — —
Key stats
About

Applied Finance Valuation Large Cap ETF (VSLU) ETF

No description available.

Exchange
ARCX
Inception
2021-04-29
Has Options
No
Fund profile
holdings as of Sep 30, 2026third-party datathrough Jun 2026flows, SEC filings
US Equity Large Cap Blend#70 of 177 by assets Applied US Actively managed
Expense ratio
0.49%
prospectus, filed Apr 30, 2025
Assets
$546M
SEC filing, Jun 30, 2026
Trailing yield
0.41%
paid annual
Average daily volume
$1.1M
30 sessions
Holdings
460
top 10 are 53.9%
Listed
Apr 29, 2021
NYSE Arca
Closure risk, 12 months
1.6%
low: size of the sponsor's line-up · model
FrenzyCap ETF score
47
how it is built
Cost42
Liquidity34
Scale64
Diversification52

Moves with. US large-cap stocks (78% of its variance, beta 0.90). These factors explain 79% of its daily moves over the last year.

Stated objective. The Applied Finance Valuation Large Cap ETF (the Fund) seeks long-term capital appreciation. (from the fund's prospectus)

All 460 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs

Fund flows
through Jun 2026SEC filings
Jun 2026
+$25M
latest reported month
Latest 3 months
+$58M
+10.7% of assets
Latest 12 months
+$230M
+42.1% of assets
Jul 2025: +$2.0M+$2.0MAug 2025: +$14MAugSep 2025: +$17MOct 2025: +$36M+$36MOctNov 2025: +$17MDec 2025: +$11MDecJan 2026: +$12MFeb 2026: +$31MFebMar 2026: +$31MApr 2026: +$19MAprMay 2026: +$14MJun 2026: +$25MJun
View as a table
Net flows of VSLU by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026+$25M
May 2026+$14M
Apr 2026+$19M
Mar 2026+$31M
Feb 2026+$31M
Jan 2026+$12M
Dec 2025+$11M
Nov 2025+$17M
Oct 2025+$36M
Sep 2025+$17M
Aug 2025+$14M
Jul 2025+$2.0M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 63 months ago

Similar funds
FundOverlapFeeAssets1Y
USCLiShares Climate Conscious & Transition MSCI USA ETF63%0.08%$2.8B+10.8%compare
USCAXtrackers MSCI USA Climate Action Equity ETF63%0.07%$3.3B+10.9%compare
WAMAWisdomTree US Adaptive Moving Average Fund63%0.32%$186M—compare
SPXNProShares S&P 500 Ex-Financials ETF62%0.09%$80M+16.9%compare
LDRXSGI Enhanced Market Leaders ETF61%0.59%$248M+14.7%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Sep 30, 2026third-party data
Holdings vs fair value
+0.8%
17% under, 28% over · 100% covered
Price / earnings
25.6
1% loss-making · 100% covered
Price / book · sales
7.5 · 3.8
revenue growth +14.5%
Above 200-day average
74%
61% above 50-day · by weight
Short interest
2.1%
of float, weighted · 3.0 days to cover
Insider buying
3%
of weight had net insider buying, 90 days; 73% net selling
13F holders
+1.9%
change in shares held by institutions, latest quarter
Reporting earnings
41.3%
of weight in 7 days; 64.5% in 14
Largest contributors below fair value
BMY+50%MCK+50%KLAC+50%ADBE+49%GM+50%
Largest contributors above fair value
AAPL−10%MSFT−9%V−15%MA−13%LLY−7%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
New positionLLYELI LILLY AND COMPANY—3.69%—
ExitAMZNAMAZON.COM, INC.3.30%——
IncreaseNVDANVIDIA CORPORATION8.52%10.18%+18.4%
ExitXOMEXXON MOBIL CORPORATION1.28%——
DecreaseJNJJOHNSON & JOHNSON2.20%1.26%−37.3%
DecreaseGOOGLALPHABET INC.8.28%7.47%−17.6%
IncreaseBKNGBOOKING HOLDINGS INC.0.52%1.27%+161.6%
DecreaseMAMASTERCARD INCORPORATED2.82%2.15%−15.9%
IncreaseMETAMETA PLATFORMS, INC.3.23%3.86%+37.7%
IncreaseMSFTMICROSOFT CORPORATION5.54%6.14%+24.8%

Full holdings and history

Under the hood
fiscal year to Dec 31, 2025SEC census
Authorized participants
4 active
of 9 with agreements; top 3 did 99%
Created · redeemed
$174M · $60M
over the fiscal year
Redemptions in kind
96%
creations 96% in kind
Creation unit
25,000
shares
Securities lending
not authorized
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-06-30
Holdings
460
AUM
$540.8M
Provider
Nport
Inception
2021-04-29
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
0.49%
Dividend Yield
0.41%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-24 2025-12-26 $0.2048 CD
2024-12-24 2024-12-26 $0.2193 CD
2023-12-26 2023-12-28 $0.1781 CD
2022-12-27 2022-12-29 $0.2334 CD
2021-12-27 2021-12-29 $0.1606 CD
Asset Allocation
Top Holdings
top 50 of 460 holdings
Symbol Name Weight % Asset Class Country
NVDA NVIDIA CORPORATION 10.18% Equity (common) US
AAPL APPLE INC. 9.34% Equity (common) US
GOOGL ALPHABET INC. 7.47% Equity (common) US
MSFT MICROSOFT CORPORATION 6.14% Equity (common) US
META META PLATFORMS, INC. 3.86% Equity (common) US
LLY ELI LILLY AND COMPANY 3.69% Equity (common) US
V VISA INC. 2.98% Equity (common) US
AVGO BROADCOM INC. 2.86% Equity (common) US
MA MASTERCARD INCORPORATED 2.15% Equity (common) US
BKNG BOOKING HOLDINGS INC. 1.27% Equity (common) US
MRK MERCK & CO., INC. 1.27% Equity (common) US
JNJ JOHNSON & JOHNSON 1.26% Equity (common) US
ABBV ABBVIE INC. 1.22% Equity (common) US
PM Philip Morris International Inc. 0.96% Equity (common) US
HD THE HOME DEPOT, INC. 0.91% Equity (common) US
MAR MARRIOTT INTERNATIONAL, INC. 0.89% Equity (common) US
AMAT APPLIED MATERIALS, INC. 0.82% Equity (common) US
DELL DELL TECHNOLOGIES INC. 0.76% Equity (common) US
LRCX LAM RESEARCH CORPORATION 0.73% Equity (common) US
HLT HILTON WORLDWIDE HOLDINGS INC. 0.71% Equity (common) US
ORLY O'Reilly Automotive, Inc. 0.71% Equity (common) US
KO THE COCA-COLA COMPANY 0.65% Equity (common) US
CAT CATERPILLAR INC. 0.61% Equity (common) US
KLAC KLA CORPORATION 0.60% Equity (common) US
PG THE PROCTER & GAMBLE COMPANY 0.58% Equity (common) US
AMGN AMGEN INC. 0.58% Equity (common) US
MCD MCDONALD'S CORPORATION 0.56% Equity (common) US
PGR THE PROGRESSIVE CORPORATION 0.53% Equity (common) US
CEG CONSTELLATION ENERGY CORPORATION. 0.51% Equity (common) US
BMY BRISTOL-MYERS SQUIBB COMPANY 0.48% Equity (common) US
AZO AUTOZONE, INC. 0.47% Equity (common) US
APP APPLOVIN CORPORATION 0.46% Equity (common) US
GILD GILEAD SCIENCES, INC. 0.43% Equity (common) US
AXP AMERICAN EXPRESS COMPANY 0.43% Equity (common) US
IBM INTERNATIONAL BUSINESS MACHINES CORPORATION 0.43% Equity (common) US
MCK MCKESSON CORPORATION 0.41% Equity (common) US
UNP UNION PACIFIC CORPORATION 0.40% Equity (common) US
QCOM QUALCOMM INCORPORATED 0.39% Equity (common) US
CSCO CISCO SYSTEMS, INC. 0.37% Equity (common) US
MCO MOODY'S CORPORATION 0.36% Equity (common) US
MO Altria Group, Inc. 0.36% Equity (common) US
YUM YUM! Brands, Inc. 0.35% Equity (common) US
GM GENERAL MOTORS COMPANY 0.35% Equity (common) US
VST VISTRA CORP. 0.35% Equity (common) US
TMUS T-MOBILE US, INC. 0.35% Equity (common) US
MRSH MARSH & MCLENNAN COMPANIES, INC. 0.34% Equity (common) US
TDG TRANSDIGM GROUP INCORPORATED 0.33% Equity (common) US
MU MICRON TECHNOLOGY, INC. 0.32% Equity (common) US
AON AON PUBLIC LIMITED COMPANY 0.31% Equity (common) IE
ADBE ADOBE INC. 0.31% Equity (common) US
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---4.66%5.46%2.83%2.95%1.44%1.60%
Feb---4.87%-3.74%3.56%-0.94%-1.32%-1.46%
Mar--5.29%5.10%1.94%-4.12%-5.34%0.57%
Apr0.00%-6.86%0.99%-4.35%-0.87%6.00%-0.85%
May0.06%-0.64%0.44%5.09%6.22%4.35%2.59%
Jun2.87%-7.42%5.57%4.45%4.93%-2.48%1.32%
Jul3.16%7.34%3.11%1.05%3.04%2.06%3.29%
Aug2.85%-4.09%-1.01%3.68%3.74%1.66%1.14%
Sep-5.44%-9.49%-4.75%3.68%4.21%-0.08%-1.98%
Oct4.33%5.43%-2.10%0.31%1.89%2.74%*2.10%
Nov-0.51%6.91%7.27%4.18%1.26%--3.82%
Dec6.17%-6.24%3.92%-2.33%0.65%--0.43%
Total13.81%-19.43%21.22%26.37%24.97%8.87%12.63%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $49.32
SMA 50: $48.99
SMA 200: $46.14
Current: $49.88
EMA 12: $49.56
EMA 26: $49.29
MACD: 0.2720 | Signal: 0.0189
BULLISH
ADX (14): 21.45
WEAK TREND
+DI: 31.00
−DI: 19.78

Momentum Oscillators

RSI (14): 60.05
NEUTRAL
Stoch %K: 80.79
Stoch %D: 76.61
Williams %R: -9.92

Volume & Volatility

BB Upper: $50.21
BB Lower: $48.44
NEUTRAL
OBV: 2,462,833
Vol SMA 20: 20,825
Vol ROC: 2.45%
ATR: $0.41
True Range: $0.41
HV 20: 7.7%
HV 30: 9.3%
HV 60: 9.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report: VSLU

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Trend direction: Short-term bullish, Medium-term neutral, Long-term bearish
  • Support/resistance levels: $46.50-$47.00 (short-term resistance), $45.50-$46.00 (medium-term support)
  • Momentum signals:
    • RSI: Neutral (61.04)
    • MACD: Bullish (0.59 / Signal: -0.02 / Histogram: 0.61)
  • Volume analysis: Moderate volume, institutional interest signals

Technical Analysis

Trend Direction: Short-term bullish, Medium-term neutral, Long-term bearish

Support/Resistance Levels: $46.50-$47.00 (short-term resistance), $45.50-$46.00 (medium-term support)

Momentum Signals:

  • RSI: Neutral (61.04) - not oversold or overbought
  • MACD: Bullish (0.59 / Signal: -0.02 / Histogram: 0.61)
  • Bollinger Bands: Neutral, price is within the bands

Volume Analysis: Moderate volume, institutional interest signals

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines, no significant market-moving events

Sentiment Assessment: NEUTRAL - no strong positive or negative sentiment detected

Catalyst Identification: No upcoming earnings dates or significant events scheduled

Market Narrative: Technical signals are not strongly contradicted by recent news headlines; neutral overall

Risk & Volatility Assessment

Beta Interpretation: Moderate risk (0.94) relative to market

Volatility Regime: Moderate volatility - stock generally follows market

Options Market Signals: No options data available for analysis

Downside Protection: Support levels at $45.50-$46.00; risk management considerations: stop-loss at $45.20, position sizing 0.5-1%

Market Context & Positioning

Sector Performance: VSLU is a large-cap stock in the financial sector - relative strength vs market

Institutional Activity: Moderate institutional interest signals

Correlation Analysis: R-squared interpretation: VSLU has a moderate correlation with the market (0.89)

Relative Valuation: Position within trading range; no strong overbought or oversold conditions detected

Key Levels & Action Items

Critical Price Levels: $46.50-$47.00 (short-term resistance), $45.50-$46.00 (medium-term support)

Breakout/Breakdown Levels: No significant levels to monitor

Time-Sensitive Catalysts: No upcoming earnings dates or significant events scheduled

Risk Management: Stop-loss at $45.20, position sizing 0.5-1%

Please note that this analysis is based on the provided data and should not be used for investment purposes without further research and consideration of individual circumstances.

Generated
News
All VSLU news →

VSLU Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.8555
Alpha: 2.44%
Correlation: 0.8628
R-Squared: 74.4%
Stock Volatility: 12.6%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

VSLU Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

56 filers10,754,718 shares$501.55M value
# Filer Shares Value % of Total % of Float Period
1 Crestwood Advisors Group, LLC 2,986,485 $138.11M 27.54% — 2026-06-30
2 Watchman Group, Inc. 774,439 $37.58M 7.49% — 2026-09-30
3 NOVARE CAPITAL MANAGEMENT LLC 751,418 $34.75M 6.93% — 2026-06-30
4 Newman Dignan & Sheerar, Inc. 716,462 $33.13M 6.61% — 2026-06-30
5 Jacobi Capital Management LLC 672,436 $31.10M 6.20% — 2026-06-30
6 Fulton Bank, N.A. 511,540 $24.83M 4.95% — 2026-09-30
7 JPMorgan Chase & Co Custodian 523,897 $24.06M 4.80% — 2026-06-30
8 EverSource Wealth Advisors, LLC Custodian 425,032 $19.66M 3.92% — 2026-06-30
9 Thrivent Financial for Lutherans 416,432 $19.26M 3.84% — 2026-06-30
10 ACIMA PRIVATE WEALTH, LLC 311,939 $15.14M 3.02% — 2026-09-30
11 Clarion Wealth Managment Partners, LLC 285,970 $13.23M 2.64% — 2026-06-30
12 Old Port Advisors 271,695 $12.56M 2.51% — 2026-06-30
13 CROBAN 243,828 $11.27M 2.25% — 2026-06-30
14 FORTEM FINANCIAL GROUP, LLC 218,501 $10.10M 2.01% — 2026-06-30
15 Gibraltar Capital Management, Inc. 201,823 $9.33M 1.86% — 2026-06-30
16 ATWOOD & PALMER INC 186,115 $9.03M 1.80% — 2026-09-30
17 MML INVESTORS SERVICES, LLC 132,129 $6.11M 1.22% — 2026-06-30
18 Envestnet Asset Management, Inc. 131,747 $6.09M 1.21% — 2026-06-30
19 TRUSTMARK BANK TRUST DEPARTMENT 119,457 $5.52M 1.10% — 2026-06-30
20 WEBSTERROGERS FINANCIAL ADVISORS, LLC 110,158 $5.09M 1.02% — 2026-06-30
21 Farther Finance Advisors, LLC Custodian 93,405 $4.53M 0.90% — 2026-09-30
22 Atlantic Edge Private Wealth Management, LLC 83,531 $3.86M 0.77% — 2026-06-30
23 Advisory Services Network, LLC Custodian 73,694 $3.41M 0.68% — 2026-06-30
24 Applied Finance Capital Management, LLC 70,827 $3.25M 0.65% — 2026-06-30
25 LPL Financial LLC Custodian 48,656 $2.25M 0.45% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month