AVLC vs. VFVA ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to Vanguard Wellington Fund ETF (VFVA)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$69.74

Average Daily Volume

19,482

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$128.27

Average Daily Volume

12,937

Number of Holdings ^*

613

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	VFVA
30 Days	4.71%	6.78%
60 Days	6.29%	7.36%
90 Days	7.72%	7.38%
12 Months	33.08%	28.66%

278 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in VFVA	Overlap
ACGL	D	0.15%	0.2%	0.15%
ACT	D	0.0%	0.03%	0.0%
ADM	D	0.11%	0.23%	0.11%
AFL	B	0.19%	0.09%	0.09%
AGCO	D	0.04%	0.18%	0.04%
AIG	B	0.2%	0.51%	0.2%
AL	B	0.01%	0.41%	0.01%
ALIT	C	0.0%	0.14%	0.0%
ALK	C	0.03%	0.23%	0.03%
ALKS	B	0.0%	0.02%	0.0%
ALL	A	0.2%	0.17%	0.17%
ALLY	C	0.06%	0.25%	0.06%
ALSN	B	0.02%	0.16%	0.02%
AMG	B	0.0%	0.21%	0.0%
AMKR	D	0.02%	0.07%	0.02%
ANET	C	0.15%	0.03%	0.03%
APA	D	0.03%	0.22%	0.03%
APO	B	0.16%	0.05%	0.05%
APTV	D	0.04%	0.14%	0.04%
AR	B	0.03%	0.13%	0.03%
ARW	D	0.05%	0.43%	0.05%
ATKR	C	0.01%	0.26%	0.01%
AXS	A	0.05%	0.26%	0.05%
AZO	C	0.05%	0.26%	0.05%
BAC	A	0.42%	0.76%	0.42%
BBWI	D	0.01%	0.18%	0.01%
BC	C	0.02%	0.18%	0.02%
BCC	B	0.03%	0.07%	0.03%
BDX	F	0.05%	0.29%	0.05%
BEN	C	0.01%	0.05%	0.01%
BERY	B	0.01%	0.38%	0.01%
BG	F	0.08%	0.27%	0.08%
BK	A	0.18%	0.5%	0.18%
BLDR	D	0.07%	0.08%	0.07%
BMY	B	0.18%	0.46%	0.18%
BOKF	B	0.01%	0.08%	0.01%
BPOP	B	0.03%	0.06%	0.03%
BWA	D	0.05%	0.25%	0.05%
BYD	C	0.01%	0.18%	0.01%
C	A	0.23%	0.72%	0.23%
CADE	B	0.02%	0.16%	0.02%
CAG	D	0.01%	0.16%	0.01%
CAH	B	0.03%	0.26%	0.03%
CB	C	0.22%	0.48%	0.22%
CCL	B	0.13%	0.23%	0.13%
CE	F	0.01%	0.3%	0.01%
CF	B	0.09%	0.18%	0.09%
CFG	B	0.08%	0.13%	0.08%
CG	A	0.02%	0.03%	0.02%
CHRD	D	0.05%	0.18%	0.05%
CI	F	0.07%	0.66%	0.07%
CIVI	D	0.03%	0.33%	0.03%
CLF	F	0.03%	0.21%	0.03%
CMA	A	0.06%	0.15%	0.06%
CMC	B	0.04%	0.19%	0.04%
CMCSA	B	0.38%	0.68%	0.38%
CNA	B	0.0%	0.07%	0.0%
CNC	D	0.08%	0.22%	0.08%
CNXC	F	0.0%	0.06%	0.0%
COF	B	0.23%	0.66%	0.23%
COHR	B	0.03%	0.07%	0.03%
COLB	A	0.0%	0.34%	0.0%
COOP	B	0.02%	0.13%	0.02%
COP	C	0.38%	0.65%	0.38%
CRBG	B	0.05%	0.02%	0.02%
CROX	D	0.05%	0.06%	0.05%
CSCO	B	0.3%	0.14%	0.14%
CTRA	B	0.1%	0.19%	0.1%
CVS	D	0.05%	0.74%	0.05%
CVX	A	0.64%	0.7%	0.64%
DAL	C	0.23%	0.2%	0.2%
DAR	C	0.02%	0.17%	0.02%
DBX	B	0.01%	0.2%	0.01%
DE	A	0.3%	0.15%	0.15%
DG	F	0.06%	0.02%	0.02%
DGX	A	0.01%	0.03%	0.01%
DHI	D	0.12%	0.31%	0.12%
DINO	D	0.04%	0.16%	0.04%
DIS	B	0.18%	0.4%	0.18%
DLTR	F	0.07%	0.1%	0.07%
DOW	F	0.14%	0.18%	0.14%
DTM	B	0.04%	0.17%	0.04%
DVN	F	0.14%	0.08%	0.08%
DXC	B	0.0%	0.23%	0.0%
EBAY	D	0.14%	0.05%	0.05%
EG	C	0.08%	0.17%	0.08%
ELAN	D	0.01%	0.14%	0.01%
ELV	F	0.13%	0.07%	0.07%
EMBC	C	0.0%	0.07%	0.0%
EMN	D	0.04%	0.09%	0.04%
EMR	A	0.05%	0.14%	0.05%
EOG	A	0.3%	0.75%	0.3%
EQH	B	0.09%	0.07%	0.07%
EQT	B	0.11%	0.17%	0.11%
ESI	A	0.0%	0.03%	0.0%
ESNT	D	0.03%	0.45%	0.03%
EWBC	A	0.08%	0.08%	0.08%
F	C	0.2%	0.68%	0.2%
FAF	A	0.03%	0.08%	0.03%
FANG	D	0.17%	0.3%	0.17%
FCNCA	A	0.12%	0.12%	0.12%
FCX	D	0.18%	0.43%	0.18%
FDX	B	0.26%	0.89%	0.26%
FHN	A	0.04%	0.1%	0.04%
FI	A	0.07%	0.53%	0.07%
FIS	C	0.06%	0.22%	0.06%
FIVE	F	0.01%	0.11%	0.01%
FMC	D	0.04%	0.05%	0.04%
FNB	A	0.0%	0.19%	0.0%
FNF	B	0.08%	0.14%	0.08%
FOX	A	0.02%	0.33%	0.02%
FSLR	F	0.1%	0.02%	0.02%
GAP	C	0.04%	0.1%	0.04%
GD	F	0.05%	0.26%	0.05%
GILD	C	0.35%	0.44%	0.35%
GL	B	0.06%	0.08%	0.06%
GM	B	0.31%	0.87%	0.31%
GOOG	C	1.3%	0.06%	0.06%
GPK	C	0.06%	0.06%	0.06%
GPN	B	0.01%	0.1%	0.01%
GS	A	0.44%	0.44%	0.44%
HAL	C	0.13%	0.07%	0.07%
HCA	F	0.05%	0.76%	0.05%
HIG	B	0.19%	0.07%	0.07%
HII	D	0.04%	0.11%	0.04%
HOMB	A	0.02%	0.02%	0.02%
HPE	B	0.08%	0.32%	0.08%
HPQ	B	0.05%	0.42%	0.05%
HRB	D	0.03%	0.13%	0.03%
HRI	B	0.0%	0.22%	0.0%
IBM	C	0.27%	0.18%	0.18%
INGR	B	0.07%	0.17%	0.07%
INTC	D	0.16%	0.66%	0.16%
IP	B	0.13%	0.02%	0.02%
IVZ	B	0.02%	0.19%	0.02%
JAZZ	B	0.04%	0.17%	0.04%
JBL	B	0.1%	0.03%	0.03%
JEF	A	0.08%	0.17%	0.08%
JHG	A	0.02%	0.07%	0.02%
JLL	D	0.05%	0.12%	0.05%
JNJ	D	0.58%	0.18%	0.18%
JPM	A	1.19%	0.54%	0.54%
JXN	C	0.07%	0.15%	0.07%
KBH	D	0.04%	0.21%	0.04%
KEY	B	0.05%	0.19%	0.05%
KHC	F	0.05%	0.1%	0.05%
KMI	A	0.1%	0.11%	0.1%
KNX	B	0.04%	0.19%	0.04%
KR	B	0.2%	0.22%	0.2%
LBRDA	C	0.0%	0.06%	0.0%
LEA	D	0.03%	0.17%	0.03%
LEN	D	0.01%	0.19%	0.01%
LEN	D	0.17%	0.19%	0.17%
LEN	D	0.01%	0.08%	0.01%
LEN	D	0.17%	0.08%	0.08%
LKQ	D	0.01%	0.16%	0.01%
LNC	B	0.01%	0.32%	0.01%
LULU	C	0.15%	0.1%	0.1%
LYB	F	0.11%	0.3%	0.11%
M	D	0.02%	0.22%	0.02%
MAT	D	0.03%	0.09%	0.03%
MCK	B	0.07%	0.35%	0.07%
MDT	D	0.12%	0.42%	0.12%
MDU	D	0.02%	0.18%	0.02%
MET	A	0.2%	0.52%	0.2%
MHK	D	0.04%	0.28%	0.04%
MKL	A	0.12%	0.04%	0.04%
MLI	C	0.07%	0.22%	0.07%
MMM	D	0.19%	0.07%	0.07%
MO	A	0.09%	1.0%	0.09%
MOS	F	0.05%	0.23%	0.05%
MPC	D	0.22%	0.56%	0.22%
MS	A	0.35%	0.32%	0.32%
MTB	A	0.12%	0.18%	0.12%
MTCH	D	0.01%	0.11%	0.01%
MTDR	B	0.05%	0.18%	0.05%
MTG	C	0.04%	0.28%	0.04%
MTH	D	0.02%	0.05%	0.02%
MU	D	0.17%	0.59%	0.17%
MUR	D	0.03%	0.29%	0.03%
NCLH	B	0.08%	0.04%	0.04%
NEM	D	0.02%	0.4%	0.02%
NOV	C	0.02%	0.19%	0.02%
NUE	C	0.16%	0.38%	0.16%
NVST	B	0.0%	0.09%	0.0%
NWSA	B	0.03%	0.14%	0.03%
NXST	C	0.01%	0.05%	0.01%
OC	A	0.11%	0.07%	0.07%
OGN	D	0.01%	0.15%	0.01%
OLN	D	0.03%	0.14%	0.03%
OMF	A	0.04%	0.07%	0.04%
ONB	B	0.03%	0.21%	0.03%
ORI	A	0.05%	0.13%	0.05%
OVV	B	0.08%	0.26%	0.08%
OXY	D	0.15%	0.5%	0.15%
OZK	B	0.02%	0.12%	0.02%
PBF	D	0.01%	0.18%	0.01%
PCAR	B	0.25%	0.42%	0.25%
PFE	D	0.15%	0.36%	0.15%
PFG	D	0.09%	0.06%	0.06%
PFSI	D	0.01%	0.05%	0.01%
PHM	D	0.12%	0.11%	0.11%
PM	B	0.18%	0.13%	0.13%
PNC	B	0.22%	0.33%	0.22%
PNFP	B	0.03%	0.11%	0.03%
PPC	C	0.02%	0.04%	0.02%
PR	B	0.06%	0.17%	0.06%
PRU	A	0.18%	0.28%	0.18%
PSX	C	0.19%	0.71%	0.19%
PVH	C	0.03%	0.21%	0.03%
PYPL	B	0.32%	0.24%	0.24%
QCOM	F	0.48%	0.07%	0.07%
QRVO	F	0.02%	0.12%	0.02%
R	B	0.05%	0.41%	0.05%
RDN	C	0.0%	0.28%	0.0%
RF	A	0.08%	0.1%	0.08%
RGA	A	0.08%	0.04%	0.04%
RJF	A	0.11%	0.08%	0.08%
RNR	C	0.07%	0.2%	0.07%
RPRX	D	0.02%	0.41%	0.02%
RRC	B	0.04%	0.1%	0.04%
RRX	B	0.01%	0.12%	0.01%
RS	B	0.07%	0.02%	0.02%
RTX	C	0.16%	0.14%	0.14%
SAIC	F	0.0%	0.1%	0.0%
SATS	D	0.02%	0.09%	0.02%
SCHW	B	0.21%	0.1%	0.1%
SF	B	0.04%	0.14%	0.04%
SIRI	C	0.0%	0.2%	0.0%
SJM	D	0.01%	0.15%	0.01%
SLB	C	0.09%	0.69%	0.09%
SM	B	0.01%	0.22%	0.01%
SNDR	B	0.0%	0.15%	0.0%
SNV	B	0.03%	0.2%	0.03%
SNX	C	0.04%	0.24%	0.04%
SON	D	0.02%	0.21%	0.02%
SSB	B	0.03%	0.08%	0.03%
SSNC	B	0.01%	0.08%	0.01%
ST	F	0.0%	0.15%	0.0%
STLD	B	0.12%	0.13%	0.12%
STT	A	0.1%	0.02%	0.02%
SYF	B	0.15%	0.33%	0.15%
T	A	0.42%	1.01%	0.42%
TAP	C	0.05%	0.16%	0.05%
TFC	A	0.19%	0.73%	0.19%
TGT	F	0.29%	0.27%	0.27%
TKR	D	0.03%	0.09%	0.03%
TMHC	B	0.02%	0.06%	0.02%
TMUS	B	0.31%	0.3%	0.3%
TOL	B	0.07%	0.16%	0.07%
TPR	B	0.08%	0.04%	0.04%
TRV	B	0.26%	0.48%	0.26%
TSN	B	0.05%	0.07%	0.05%
TWLO	A	0.04%	0.05%	0.04%
TXT	D	0.05%	0.09%	0.05%
UAL	A	0.19%	0.29%	0.19%
UFPI	B	0.05%	0.11%	0.05%
UHAL	D	0.03%	0.22%	0.03%
UHAL	D	0.0%	0.22%	0.0%
UHS	D	0.06%	0.16%	0.06%
UNM	A	0.06%	0.6%	0.06%
USB	A	0.23%	0.71%	0.23%
UTHR	C	0.1%	0.15%	0.1%
VLO	C	0.17%	0.66%	0.17%
VTRS	A	0.09%	0.25%	0.09%
VZ	C	0.45%	0.8%	0.45%
WAL	B	0.06%	0.18%	0.06%
WBD	C	0.03%	0.05%	0.03%
WBS	A	0.05%	0.22%	0.05%
WCC	B	0.07%	0.2%	0.07%
WFC	A	0.55%	0.59%	0.55%
WHR	B	0.0%	0.21%	0.0%
WMB	A	0.29%	0.35%	0.29%
WYNN	D	0.01%	0.07%	0.01%
XOM	B	1.04%	0.86%	0.86%
XRAY	F	0.0%	0.06%	0.0%
ZI	D	0.0%	0.2%	0.0%
ZION	B	0.05%	0.16%	0.05%

AVLC Overweight 700 Positions Relative to VFVA

Symbol	Grade	Weight
AAPL	C	5.24%
NVDA	C	4.82%
MSFT	F	4.39%
AMZN	C	3.03%
META	D	2.26%
GOOGL	C	1.57%
AVGO	D	1.11%
COST	B	0.94%
LLY	F	0.79%
TSLA	B	0.78%
BRK.A	B	0.67%
MA	C	0.66%
WMT	A	0.64%
V	A	0.59%
HD	A	0.58%
CAT	B	0.52%
NFLX	A	0.48%
UNP	C	0.47%
PGR	A	0.46%
CRM	B	0.44%
TJX	A	0.44%
ORCL	B	0.42%
KO	D	0.4%
AXP	A	0.4%
PG	A	0.39%
MELI	D	0.39%
ABBV	D	0.38%
AMAT	F	0.36%
UNH	C	0.36%
ADP	B	0.36%
LRCX	F	0.34%
ADBE	C	0.33%
MRK	F	0.32%
ACN	C	0.32%
AMD	F	0.31%
NOW	A	0.3%
RCL	A	0.28%
TRGP	B	0.27%
PEP	F	0.27%
INTU	C	0.27%
TXN	C	0.26%
AMP	A	0.26%
CSX	B	0.26%
VRTX	F	0.25%
LMT	D	0.23%
MSI	B	0.23%
FTNT	C	0.23%
GWW	B	0.23%
LNG	B	0.23%
CMG	B	0.23%
APD	A	0.22%
NSC	B	0.22%
KLAC	D	0.21%
LIN	D	0.21%
CMI	A	0.21%
ROST	C	0.21%
GE	D	0.2%
ABT	B	0.2%
ZTS	D	0.2%
URI	B	0.2%
OKE	A	0.2%
FAST	B	0.2%
PANW	C	0.19%
UPS	C	0.19%
HES	B	0.19%
AMGN	D	0.19%
PLTR	B	0.18%
CL	D	0.18%
ISRG	A	0.18%
BLK	C	0.18%
BKR	B	0.18%
PAYX	C	0.17%
TSCO	D	0.17%
NKE	D	0.17%
MCD	D	0.16%
DUK	C	0.16%
DECK	A	0.16%
APP	B	0.16%
ADI	D	0.15%
TMO	F	0.15%
HON	B	0.15%
KKR	A	0.15%
REGN	F	0.14%
FITB	A	0.14%
AEP	D	0.14%
SHW	A	0.14%
TT	A	0.14%
MLM	B	0.14%
ETN	A	0.14%
KMB	D	0.14%
EME	C	0.14%
ODFL	B	0.14%
CTSH	B	0.13%
WM	A	0.13%
SO	D	0.13%
VRT	B	0.13%
DHR	F	0.13%
BKNG	A	0.13%
VST	B	0.13%
CSL	C	0.13%
TPL	A	0.13%
PCG	A	0.13%
GEV	B	0.13%
SYK	C	0.12%
SNPS	B	0.12%
BBY	D	0.12%
CDNS	B	0.12%
CTAS	B	0.12%
CME	A	0.12%
ETR	B	0.12%
SFM	A	0.12%
CPNG	D	0.12%
LOW	D	0.12%
PKG	A	0.12%
ITW	B	0.12%
BSX	B	0.12%
ON	D	0.12%
VRSK	A	0.12%
APH	A	0.12%
HBAN	A	0.11%
ULTA	F	0.11%
BX	A	0.11%
NTRS	A	0.11%
MRVL	B	0.11%
MRO	B	0.11%
IDXX	F	0.11%
XEL	A	0.11%
CRWD	B	0.11%
BURL	A	0.11%
CEG	D	0.11%
WSM	B	0.11%
GRMN	B	0.1%
DRI	B	0.1%
CPRT	A	0.1%
AON	A	0.1%
TROW	B	0.1%
PEG	A	0.1%
FLEX	A	0.1%
RPM	A	0.1%
SW	A	0.1%
LPLA	A	0.1%
FIX	A	0.1%
NVR	D	0.1%
EXC	C	0.1%
MCO	B	0.1%
MSTR	C	0.09%
LVS	C	0.09%
CVNA	B	0.09%
SPGI	C	0.09%
EXPD	D	0.09%
ROP	B	0.09%
MDLZ	F	0.09%
MMC	B	0.09%
GLW	B	0.09%
COR	B	0.09%
SBUX	A	0.09%
IT	C	0.09%
PH	A	0.09%
HSY	F	0.09%
EIX	B	0.09%
PWR	A	0.09%
UBER	D	0.09%
ADSK	A	0.09%
TXRH	C	0.09%
LII	A	0.09%
EW	C	0.08%
NXPI	D	0.08%
JBHT	C	0.08%
GDDY	A	0.08%
LUV	C	0.08%
BJ	A	0.08%
FICO	B	0.08%
SNA	A	0.08%
DKS	C	0.08%
AEE	A	0.08%
CTVA	C	0.08%
WDAY	B	0.08%
COIN	C	0.08%
FTI	A	0.08%
ED	D	0.08%
CASY	A	0.08%
DFS	B	0.08%
SQ	B	0.07%
ICE	C	0.07%
DTE	C	0.07%
L	A	0.07%
SWKS	F	0.07%
CINF	A	0.07%
MOH	F	0.07%
PAYC	B	0.07%
ORLY	B	0.07%
SAIA	B	0.07%
WRB	A	0.07%
ABNB	C	0.07%
SPOT	B	0.07%
SYY	B	0.07%
RMD	C	0.07%
POOL	C	0.07%
PPL	B	0.07%
MUSA	A	0.07%
NEE	D	0.07%
TDG	D	0.07%
SRE	A	0.07%
PRI	A	0.07%
EXP	A	0.07%
VLTO	D	0.06%
COKE	C	0.06%
KVUE	A	0.06%
LECO	B	0.06%
IFF	D	0.06%
ATI	D	0.06%
BA	F	0.06%
WMS	D	0.06%
CMS	C	0.06%
CARR	D	0.06%
MANH	D	0.06%
GPC	D	0.06%
GNRC	B	0.06%
AFG	A	0.06%
CLX	B	0.06%
A	D	0.06%
BWXT	B	0.06%
DCI	B	0.06%
PFGC	B	0.06%
EA	A	0.06%
ANF	C	0.06%
DASH	A	0.06%
KEYS	A	0.06%
DD	D	0.06%
LPX	B	0.06%
NTAP	C	0.06%
ECL	D	0.06%
CBRE	B	0.06%
BALL	D	0.06%
AES	F	0.06%
VMI	B	0.05%
ENSG	D	0.05%
NOC	D	0.05%
MSCI	C	0.05%
ZM	B	0.05%
WFRD	D	0.05%
FOXA	B	0.05%
KDP	D	0.05%
SKX	D	0.05%
DXCM	D	0.05%
AJG	B	0.05%
RHI	B	0.05%
PNW	B	0.05%
MKTX	D	0.05%
ZBH	C	0.05%
CBT	C	0.05%
HUM	C	0.05%
WTFC	A	0.05%
VMC	B	0.05%
ATO	A	0.05%
CHD	B	0.05%
AAON	B	0.05%
MCHP	D	0.05%
D	C	0.05%
TER	D	0.05%
SNOW	C	0.05%
CDW	F	0.05%
KMX	B	0.05%
ALV	C	0.05%
PPG	F	0.05%
AXON	A	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
EVRG	A	0.05%
VEEV	C	0.05%
STZ	D	0.05%
AIZ	A	0.05%
WAT	B	0.05%
IR	B	0.05%
MAR	B	0.05%
LNTH	D	0.05%
AIT	A	0.05%
GGG	B	0.05%
FYBR	D	0.05%
WST	C	0.05%
HWM	A	0.05%
AME	A	0.05%
DOCU	A	0.05%
WSO	A	0.05%
FND	C	0.05%
TEAM	A	0.05%
NRG	B	0.05%
HOOD	B	0.05%
TTD	B	0.05%
KNSL	B	0.05%
DELL	C	0.05%
HLT	A	0.05%
CHTR	C	0.05%
RL	B	0.05%
ATR	B	0.05%
ALNY	D	0.04%
RSG	A	0.04%
EVR	B	0.04%
AWI	A	0.04%
SSD	D	0.04%
LNT	A	0.04%
STE	F	0.04%
KEX	C	0.04%
NBIX	C	0.04%
ILMN	D	0.04%
HUBB	B	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
JCI	C	0.04%
XPO	B	0.04%
XYL	D	0.04%
YUM	B	0.04%
IQV	D	0.04%
FN	D	0.04%
LH	C	0.04%
ROK	B	0.04%
CPAY	A	0.04%
NET	B	0.04%
CRUS	D	0.04%
ALGN	D	0.04%
TYL	B	0.04%
OGE	B	0.04%
WCN	A	0.04%
OTIS	C	0.04%
TREX	C	0.04%
ITT	A	0.04%
KD	B	0.04%
CSGP	D	0.04%
WEC	A	0.04%
AXTA	A	0.04%
SOFI	A	0.04%
CLH	B	0.04%
BR	A	0.04%
JKHY	D	0.04%
CRS	A	0.04%
WAB	B	0.04%
ANSS	B	0.04%
LSTR	D	0.04%
EPAM	C	0.04%
CBSH	A	0.04%
FDS	B	0.04%
AYI	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
EXPE	B	0.04%
MPWR	F	0.04%
DOX	D	0.03%
MEDP	D	0.03%
LDOS	C	0.03%
GWRE	A	0.03%
IBKR	A	0.03%
MOD	A	0.03%
SCI	B	0.03%
LAD	A	0.03%
IBP	D	0.03%
CHRW	C	0.03%
BLD	D	0.03%
G	B	0.03%
MRNA	F	0.03%
GMED	A	0.03%
DY	D	0.03%
IEX	B	0.03%
ENLC	A	0.03%
RLI	B	0.03%
GME	C	0.03%
FFIV	B	0.03%
X	C	0.03%
ROL	B	0.03%
AFRM	B	0.03%
HALO	F	0.03%
BIIB	F	0.03%
PEGA	A	0.03%
NYT	C	0.03%
ZS	C	0.03%
CTLT	B	0.03%
AWK	D	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	C	0.03%
PODD	C	0.03%
HLNE	B	0.03%
WWD	B	0.03%
EXPO	D	0.03%
NU	C	0.03%
VOYA	B	0.03%
BMRN	D	0.03%
STX	D	0.03%
CBOE	B	0.03%
MTD	D	0.03%
LHX	C	0.03%
WDC	D	0.03%
AM	A	0.03%
AKAM	D	0.03%
HOLX	D	0.03%
GNTX	C	0.03%
EHC	B	0.03%
RGLD	C	0.03%
EXEL	B	0.03%
TTWO	A	0.03%
RIVN	F	0.03%
GEHC	F	0.03%
INCY	C	0.03%
SEIC	B	0.03%
AA	B	0.03%
GIS	D	0.03%
DOV	A	0.03%
PTC	A	0.03%
K	A	0.03%
CW	B	0.03%
VFC	C	0.03%
TTC	D	0.03%
TDY	B	0.03%
CIEN	B	0.03%
BAH	F	0.03%
MNST	C	0.03%
CVLT	B	0.03%
AVY	D	0.03%
AOS	F	0.03%
PCTY	B	0.02%
PNR	A	0.02%
EXLS	B	0.02%
LNW	D	0.02%
ROIV	C	0.02%
MSA	D	0.02%
BRO	B	0.02%
INSM	C	0.02%
FRPT	B	0.02%
MAS	D	0.02%
RBC	A	0.02%
TRU	D	0.02%
OMC	C	0.02%
SWK	D	0.02%
CHH	A	0.02%
OKTA	C	0.02%
HRL	D	0.02%
ARMK	B	0.02%
FCN	D	0.02%
AZN	D	0.02%
BAX	D	0.02%
NVT	B	0.02%
WTW	B	0.02%
FSS	B	0.02%
ROKU	D	0.02%
OLED	D	0.02%
ONTO	D	0.02%
CNM	D	0.02%
HAS	D	0.02%
SIGI	C	0.02%
BRKR	D	0.02%
BMI	B	0.02%
HLI	B	0.02%
ARES	A	0.02%
FLR	B	0.02%
GLOB	B	0.02%
FE	C	0.02%
OLLI	D	0.02%
Z	A	0.02%
LYV	A	0.02%
MMSI	B	0.02%
AMCR	D	0.02%
MOG.A	B	0.02%
CHE	D	0.02%
FLS	B	0.02%
DOCS	C	0.02%
TOST	B	0.02%
LFUS	F	0.02%
TECH	D	0.02%
SWX	B	0.02%
ES	D	0.02%
CCK	C	0.02%
FBIN	D	0.02%
VRSN	F	0.02%
LW	C	0.02%
EFX	F	0.02%
SN	D	0.02%
EL	F	0.02%
DT	C	0.02%
CNP	B	0.02%
ENTG	D	0.02%
OSK	B	0.02%
CSWI	A	0.02%
PINS	D	0.02%
HESM	B	0.02%
MGY	A	0.02%
PCVX	D	0.02%
NTRA	B	0.02%
NDAQ	A	0.02%
JNPR	F	0.02%
QLYS	C	0.02%
TW	A	0.02%
RVTY	F	0.02%
THC	D	0.02%
RVMD	C	0.02%
MASI	A	0.02%
CHDN	B	0.02%
LBRDK	C	0.02%
TRMB	B	0.02%
ALLE	D	0.02%
TPX	B	0.02%
ERIE	D	0.02%
ACM	A	0.02%
TFX	F	0.02%
WLK	D	0.02%
NTNX	A	0.02%
NI	A	0.02%
PB	A	0.02%
GFS	C	0.01%
SNAP	C	0.01%
LYFT	C	0.01%
HEI	B	0.01%
SEE	C	0.01%
RMBS	C	0.01%
ELF	C	0.01%
FLUT	A	0.01%
H	B	0.01%
PAG	B	0.01%
NEU	C	0.01%
SMMT	D	0.01%
IONS	F	0.01%
ADTN	A	0.01%
PI	D	0.01%
ZG	A	0.01%
CFLT	B	0.01%
TNET	D	0.01%
CYTK	F	0.01%
CHWY	B	0.01%
LCID	F	0.01%
AAL	B	0.01%
GTLS	B	0.01%
U	C	0.01%
CWEN	C	0.01%
TDW	F	0.01%
EXAS	D	0.01%
RGEN	D	0.01%
VAL	D	0.01%
NOVT	D	0.01%
VERX	B	0.01%
SUM	B	0.01%
ALTR	B	0.01%
CACC	D	0.01%
PEN	B	0.01%
WTRG	B	0.01%
CPB	D	0.01%
DKNG	B	0.01%
NDSN	B	0.01%
GXO	B	0.01%
HQY	B	0.01%
PATH	C	0.01%
AVAV	D	0.01%
NWS	B	0.01%
HXL	D	0.01%
ESAB	B	0.01%
DDS	B	0.01%
BRBR	A	0.01%
PCOR	B	0.01%
NPAB	B	0.01%
ACHC	F	0.01%
PSN	D	0.01%
IPG	D	0.01%
DLB	B	0.01%
FOUR	B	0.01%
MORN	B	0.01%
HEI	B	0.01%
GTLB	B	0.01%
HSIC	B	0.01%
BROS	B	0.01%
MTN	C	0.01%
SOLV	C	0.01%
MKSI	C	0.01%
KRYS	B	0.01%
AGR	B	0.01%
BILL	A	0.01%
CWAN	B	0.01%
RRR	D	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	A	0.01%
CWST	A	0.01%
VRNS	D	0.01%
DUOL	A	0.01%
BSY	D	0.01%
BECN	B	0.01%
VNT	B	0.01%
CACI	D	0.01%
USFD	A	0.01%
APPF	B	0.01%
AVTR	F	0.01%
PARA	C	0.01%
MARA	C	0.01%
J	F	0.01%
RYAN	B	0.01%
SRPT	D	0.01%
RBLX	C	0.01%
MTSI	B	0.01%
KBR	F	0.01%
IDA	A	0.01%
XP	F	0.01%
LEVI	F	0.01%
WEX	D	0.01%
CRL	C	0.01%
MGM	D	0.01%
AZEK	A	0.01%
MIDD	C	0.01%
BCPC	B	0.01%
ENPH	F	0.01%
NFG	A	0.01%
LUMN	C	0.01%
AN	C	0.01%
VVV	F	0.01%
SPSC	C	0.01%
WTS	B	0.01%
BIO	D	0.01%
SMAR	A	0.01%
TTEK	F	0.01%
PLNT	A	0.01%
ZWS	B	0.01%
MDGL	B	0.01%
MKC	D	0.01%
WSC	D	0.01%
GKOS	B	0.01%
SITE	D	0.01%
WING	D	0.01%
DVA	B	0.01%
IOT	A	0.01%
VKTX	F	0.01%
FTV	C	0.01%
THO	B	0.01%
SMCI	F	0.01%
CR	A	0.01%
WH	B	0.01%
ALB	C	0.01%
LANC	C	0.01%
ITCI	C	0.01%
AUR	C	0.01%
CELH	F	0.01%
S	B	0.01%
DPZ	C	0.01%
CGNX	C	0.01%
TPG	A	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
RARE	D	0.0%
AGL	F	0.0%
KLG	C	0.0%
HIMS	B	0.0%
SEDG	F	0.0%
COTY	F	0.0%
FG	B	0.0%
FFIN	B	0.0%
IMVT	F	0.0%
RNA	D	0.0%
SPB	C	0.0%
TXG	F	0.0%
WBA	F	0.0%
SAM	C	0.0%
UGI	A	0.0%
BRZE	C	0.0%
CRVL	A	0.0%
BBIO	F	0.0%
GBCI	B	0.0%
AGO	B	0.0%
APLS	D	0.0%
IPGP	D	0.0%
INFA	D	0.0%
PLUG	F	0.0%
FIZZ	C	0.0%
CWEN	C	0.0%
TDC	D	0.0%
HCP	B	0.0%
CAR	C	0.0%
EEFT	B	0.0%
WK	B	0.0%
TENB	C	0.0%
FLO	D	0.0%
FRHC	B	0.0%
OPCH	D	0.0%
W	F	0.0%
NFE	D	0.0%
BIRK	D	0.0%
OWL	A	0.0%
INSP	D	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	F	0.0%
POST	C	0.0%
ETSY	D	0.0%
BFAM	D	0.0%
REYN	D	0.0%
NUVL	D	0.0%
DAY	B	0.0%
RDDT	B	0.0%
TMDX	F	0.0%
ALGM	D	0.0%
ZETA	D	0.0%
RBRK	A	0.0%
RH	B	0.0%
SLGN	A	0.0%
TKO	B	0.0%
APG	B	0.0%
BPMC	C	0.0%

AVLC Underweight 338 Positions Relative to VFVA

Symbol	Grade	Weight
GT	C	-0.34%
GTES	A	-0.3%
PRDO	B	-0.28%
OI	C	-0.27%
STBA	B	-0.26%
AVT	C	-0.25%
TTMI	B	-0.25%
PRGO	B	-0.24%
INSW	F	-0.24%
LEG	F	-0.22%
BHF	B	-0.22%
WAFD	B	-0.21%
ASO	F	-0.21%
PTEN	C	-0.21%
MATX	C	-0.21%
TPH	D	-0.21%
TNL	A	-0.21%
TEX	D	-0.21%
AMR	C	-0.2%
TGNA	B	-0.2%
TROX	D	-0.2%
GPOR	B	-0.2%
FFBC	A	-0.2%
ADNT	F	-0.19%
KOS	F	-0.19%
PUMP	B	-0.19%
MHO	D	-0.19%
HCC	B	-0.19%
PCRX	C	-0.19%
BMBL	C	-0.19%
LILAK	D	-0.19%
HWC	B	-0.19%
STNG	F	-0.19%
HOG	D	-0.18%
TNK	F	-0.18%
HAIN	C	-0.18%
CCS	D	-0.18%
AEO	F	-0.18%
AHCO	F	-0.18%
ODP	F	-0.18%
HELE	C	-0.18%
CCSI	C	-0.18%
BTU	B	-0.17%
BFH	B	-0.17%
ATSG	B	-0.17%
EFSC	B	-0.17%
MD	B	-0.17%
DAN	D	-0.17%
GIII	D	-0.17%
GTN	F	-0.17%
IMKTA	C	-0.17%
RNG	B	-0.17%
ZD	C	-0.17%
SLVM	B	-0.16%
PARR	D	-0.16%
AXL	C	-0.16%
WKC	D	-0.16%
ASIX	A	-0.16%
GNK	D	-0.16%
SEB	F	-0.16%
COMM	D	-0.16%
OCFC	B	-0.16%
KOP	C	-0.16%
OMI	F	-0.16%
ABCB	B	-0.16%
BXC	B	-0.16%
GBX	A	-0.16%
CNH	C	-0.16%
SBH	C	-0.16%
CRGY	B	-0.16%
NMRK	B	-0.16%
CRC	B	-0.15%
DIN	C	-0.15%
GLNG	C	-0.15%
MBUU	C	-0.15%
WWW	B	-0.15%
BKU	A	-0.15%
NUS	D	-0.15%
ABG	B	-0.15%
MCB	B	-0.15%
TWI	F	-0.15%
SPTN	D	-0.15%
CEIX	A	-0.14%
IRWD	F	-0.14%
TPC	C	-0.14%
ECVT	C	-0.14%
SNCY	C	-0.14%
RMAX	C	-0.14%
LZB	B	-0.14%
PLTK	B	-0.14%
REZI	A	-0.14%
ASC	F	-0.14%
BRY	F	-0.14%
DLX	B	-0.14%
TDOC	C	-0.13%
LPG	F	-0.13%
BGS	F	-0.13%
ASB	B	-0.13%
NAVI	C	-0.13%
BELFB	C	-0.13%
JELD	F	-0.13%
VBTX	B	-0.13%
GOGL	F	-0.13%
NWL	B	-0.13%
UNFI	A	-0.12%
GDOT	D	-0.12%
NAT	F	-0.12%
ENS	D	-0.12%
GNW	A	-0.12%
TDS	B	-0.12%
HLX	B	-0.12%
MAN	D	-0.12%
ANDE	D	-0.12%
DCOM	A	-0.12%
FCF	A	-0.12%
RPAY	D	-0.12%
CMRE	C	-0.12%
PLAB	C	-0.12%
DOLE	D	-0.12%
RYI	C	-0.12%
DHT	F	-0.12%
BANC	A	-0.12%
APPS	F	-0.12%
SXC	A	-0.12%
STNE	F	-0.11%
BUSE	B	-0.11%
SKYW	B	-0.11%
CLW	F	-0.11%
EYE	C	-0.11%
SASR	B	-0.11%
PEBO	A	-0.11%
FDP	B	-0.11%
PPBI	B	-0.11%
MATV	D	-0.11%
MTUS	C	-0.11%
IART	C	-0.11%
SCSC	B	-0.11%
OMCL	C	-0.11%
ATGE	B	-0.11%
JRVR	F	-0.11%
HOPE	B	-0.1%
BV	B	-0.1%
TK	D	-0.1%
CSTM	F	-0.1%
FULT	A	-0.1%
STC	B	-0.1%
SD	D	-0.1%
RNST	B	-0.1%
PHIN	A	-0.1%
CUBI	C	-0.1%
EGBN	B	-0.1%
EGY	D	-0.1%
CHGG	D	-0.1%
FL	F	-0.09%
NX	C	-0.09%
SMP	B	-0.09%
VLY	B	-0.09%
GPRE	F	-0.09%
BANR	B	-0.09%
GCO	B	-0.09%
PATK	D	-0.09%
FOXF	F	-0.09%
AUB	B	-0.09%
DNB	B	-0.09%
VAC	B	-0.09%
UVE	B	-0.09%
VTOL	B	-0.09%
CATY	B	-0.09%
BZH	B	-0.09%
DNOW	B	-0.09%
HBI	B	-0.09%
MODG	F	-0.09%
SCHL	D	-0.09%
HVT	D	-0.09%
NTB	B	-0.09%
WSBC	A	-0.08%
HEES	B	-0.08%
BHLB	B	-0.08%
PII	D	-0.08%
SFL	D	-0.08%
RYAM	C	-0.08%
BOOM	F	-0.08%
CWK	B	-0.08%
PLAY	D	-0.08%
NTCT	C	-0.08%
ACCO	C	-0.08%
ARCB	C	-0.08%
EAT	A	-0.08%
SRCE	B	-0.08%
NBTB	B	-0.08%
SB	F	-0.08%
PBI	B	-0.07%
VSH	D	-0.07%
OEC	C	-0.07%
UPBD	B	-0.07%
KFY	B	-0.07%
SNEX	B	-0.07%
PAGS	F	-0.07%
INDB	B	-0.07%
MTW	C	-0.07%
HLF	C	-0.07%
CXW	B	-0.07%
TRST	A	-0.07%
TRMK	B	-0.07%
DXPE	B	-0.07%
URBN	C	-0.07%
AX	A	-0.07%
CCRN	F	-0.07%
HAFC	A	-0.07%
FIBK	A	-0.07%
NIC	B	-0.07%
VREX	C	-0.07%
NOG	A	-0.07%
ZEUS	C	-0.07%
HI	C	-0.07%
EBC	B	-0.07%
REVG	B	-0.07%
NMIH	D	-0.07%
SANM	B	-0.07%
MLKN	D	-0.07%
BBW	B	-0.07%
ALGT	B	-0.06%
LXU	B	-0.06%
GPI	A	-0.06%
PFS	B	-0.06%
PENN	C	-0.06%
FWRD	D	-0.06%
UIS	B	-0.06%
AMWD	C	-0.06%
NNI	D	-0.06%
DENN	D	-0.06%
CAL	D	-0.06%
OIS	C	-0.06%
TCBK	B	-0.06%
BUR	C	-0.06%
SSP	F	-0.06%
KELYA	F	-0.06%
REPX	A	-0.06%
VSCO	B	-0.06%
RUSHA	C	-0.06%
ENVA	B	-0.05%
PRLB	A	-0.05%
BW	D	-0.05%
GRBK	D	-0.05%
GATX	A	-0.05%
HFWA	B	-0.05%
REX	D	-0.05%
OFG	B	-0.05%
LILA	D	-0.05%
GEF	A	-0.05%
FRME	B	-0.05%
XRX	F	-0.05%
RGP	F	-0.05%
CNOB	B	-0.05%
NWBI	B	-0.05%
TTEC	F	-0.05%
GHC	C	-0.05%
LBRT	D	-0.05%
MATW	C	-0.05%
TOWN	B	-0.05%
ASGN	F	-0.05%
HZO	D	-0.04%
MRC	B	-0.04%
GLDD	B	-0.04%
VRNT	C	-0.04%
WTTR	B	-0.04%
HNRG	B	-0.04%
WNC	C	-0.04%
AMPY	C	-0.04%
XPOF	C	-0.04%
HUBG	A	-0.04%
ETWO	F	-0.04%
FFWM	C	-0.04%
DESP	B	-0.04%
CNO	A	-0.04%
THG	A	-0.04%
MOV	C	-0.04%
BLMN	F	-0.04%
UA	C	-0.04%
RDUS	C	-0.04%
TALO	C	-0.04%
BY	B	-0.04%
CFFN	B	-0.04%
KALU	C	-0.04%
GEO	B	-0.04%
HOV	D	-0.03%
IGT	F	-0.03%
NBHC	B	-0.03%
SCVL	F	-0.03%
HY	D	-0.03%
MBIN	D	-0.03%
CMCO	B	-0.03%
LC	A	-0.03%
CNDT	C	-0.03%
SWI	B	-0.03%
JILL	C	-0.03%
FF	D	-0.03%
QCRH	A	-0.03%
HRTG	C	-0.03%
AMBC	C	-0.03%
AMAL	B	-0.03%
INMD	C	-0.03%
WERN	C	-0.03%
SHLS	F	-0.03%
USAP	B	-0.03%
OLPX	D	-0.03%
PTVE	B	-0.03%
ZIMV	D	-0.03%
WMK	C	-0.03%
FOR	F	-0.03%
DRVN	B	-0.03%
SLM	A	-0.03%
IIIN	C	-0.03%
TBRG	B	-0.02%
NR	B	-0.02%
CMPR	D	-0.02%
NFBK	B	-0.02%
HGV	B	-0.02%
KODK	B	-0.02%
TITN	C	-0.02%
HDSN	F	-0.02%
UCB	A	-0.02%
PINC	B	-0.02%
BAND	B	-0.02%
BHE	B	-0.02%
TTI	C	-0.02%
EIG	B	-0.02%
GO	C	-0.02%
VYX	B	-0.02%
CC	C	-0.02%
AMRX	C	-0.02%
PFBC	B	-0.02%
BRKL	B	-0.02%
EPC	D	-0.02%
WRLD	C	-0.02%
MEI	D	-0.02%
PRA	C	-0.02%
OBK	B	-0.02%