AVUV vs. VFMF ETF Comparison

Comparison of Avantis U.S. Small Cap Value ETF (AVUV) to Vanguard U.S. Multifactor ETF (VFMF)

AVUV

Avantis U.S. Small Cap Value ETF

AVUV Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of U.S. small cap companies across market sectors and industry groups. Under normal market conditions, it will invest at least 80% of its assets in securities of small capitalization companies located in the United States. The fund also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$88.24

Average Daily Volume

648,116

Number of Holdings ^*

741

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals 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 strong recent performance, strong fundamentals, and low prices relative to fundamentals 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

$121.25

Average Daily Volume

11,501

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	VFMF
30 Days	-3.02%	-1.21%
60 Days	-3.82%	-1.35%
90 Days	-3.76%	-2.80%
12 Months	17.77%	21.06%

213 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in VFMF	Overlap
AAN	B	0.06%	0.07%	0.06%
ACCO	F	0.03%	0.09%	0.03%
ACT	C	0.12%	0.28%	0.12%
AEO	F	0.7%	0.19%	0.19%
AGM	B	0.23%	0.09%	0.09%
AGO	D	0.41%	0.22%	0.22%
AGX	C	0.16%	0.04%	0.04%
ALKS	C	0.18%	0.05%	0.05%
AMAL	B	0.08%	0.26%	0.08%
AMKR	B	0.2%	0.24%	0.2%
AMPH	F	0.21%	0.02%	0.02%
AMSF	F	0.01%	0.06%	0.01%
ANET	A	0.05%	0.23%	0.05%
ANF	C	1.12%	0.2%	0.2%
ANIP	D	0.03%	0.05%	0.03%
APOG	D	0.25%	0.08%	0.08%
ARCB	D	0.43%	0.12%	0.12%
ARCH	C	0.55%	0.16%	0.16%
ASC	C	0.19%	0.2%	0.19%
ASO	F	0.1%	0.32%	0.1%
ATKR	F	0.39%	0.32%	0.32%
AX	B	0.44%	0.17%	0.17%
AXL	F	0.15%	0.07%	0.07%
BBW	F	0.06%	0.14%	0.06%
BCC	F	0.78%	0.52%	0.52%
BELFB	C	0.13%	0.15%	0.13%
BHLB	C	0.1%	0.03%	0.03%
BKE	D	0.19%	0.05%	0.05%
BKU	C	0.29%	0.04%	0.04%
BOOM	C	0.0%	0.03%	0.0%
BPOP	D	0.26%	0.82%	0.26%
BRKL	D	0.09%	0.05%	0.05%
BTU	C	0.53%	0.11%	0.11%
BUSE	B	0.16%	0.06%	0.06%
BZH	F	0.05%	0.14%	0.05%
CAL	F	0.22%	0.28%	0.22%
CALM	B	0.48%	0.17%	0.17%
CARS	C	0.15%	0.02%	0.02%
CASH	B	0.2%	0.18%	0.18%
CATY	D	0.36%	0.22%	0.22%
CBT	D	0.68%	0.06%	0.06%
CCRN	F	0.08%	0.05%	0.05%
CCS	D	0.1%	0.08%	0.08%
CEIX	B	0.47%	0.17%	0.17%
CENTA	D	0.22%	0.24%	0.22%
CHCO	C	0.04%	0.13%	0.04%
CHX	C	0.1%	0.2%	0.1%
CIVI	D	0.17%	0.14%	0.14%
CLW	D	0.18%	0.08%	0.08%
CMC	D	0.26%	0.12%	0.12%
CNO	B	0.46%	0.26%	0.26%
CNOB	F	0.08%	0.09%	0.08%
CNXN	D	0.12%	0.14%	0.12%
COKE	B	0.04%	0.13%	0.04%
CPF	B	0.08%	0.19%	0.08%
CRC	C	0.68%	0.18%	0.18%
CVCO	D	0.27%	0.21%	0.21%
CVI	F	0.08%	0.1%	0.08%
DAKT	B	0.08%	0.2%	0.08%
DBI	F	0.06%	0.06%	0.06%
DDS	D	0.1%	0.05%	0.05%
DFH	F	0.04%	0.15%	0.04%
DHT	D	0.24%	0.19%	0.19%
DNOW	D	0.13%	0.08%	0.08%
DOLE	C	0.07%	0.05%	0.05%
EBF	B	0.04%	0.02%	0.02%
EIG	C	0.14%	0.36%	0.14%
ENS	C	0.17%	0.15%	0.15%
EPM	F	0.02%	0.04%	0.02%
ESGR	A	0.4%	0.19%	0.19%
ETD	D	0.11%	0.17%	0.11%
FBP	B	0.41%	0.32%	0.32%
FCF	B	0.16%	0.14%	0.14%
FLWS	C	0.04%	0.15%	0.04%
FOR	F	0.11%	0.14%	0.11%
FULT	D	0.37%	0.32%	0.32%
GES	D	0.12%	0.11%	0.11%
GIII	F	0.23%	0.22%	0.22%
GMS	D	0.21%	0.29%	0.21%
GNK	D	0.18%	0.07%	0.07%
GNW	D	0.32%	0.22%	0.22%
GPOR	D	0.31%	0.16%	0.16%
GPS	C	0.17%	0.16%	0.16%
GRBK	C	0.25%	0.12%	0.12%
GSBC	C	0.07%	0.02%	0.02%
HAFC	C	0.07%	0.06%	0.06%
HCC	C	0.7%	0.13%	0.13%
HEES	F	0.26%	0.05%	0.05%
HIBB	A	0.18%	0.03%	0.03%
HLX	B	0.29%	0.08%	0.08%
HOV	D	0.14%	0.07%	0.07%
HP	D	0.52%	0.16%	0.16%
HUBG	C	0.42%	0.12%	0.12%
HVT	F	0.06%	0.1%	0.06%
HWKN	B	0.23%	0.13%	0.13%
IBOC	C	0.44%	0.25%	0.25%
IDCC	A	0.52%	0.06%	0.06%
IESC	C	0.04%	0.17%	0.04%
IIIN	F	0.1%	0.11%	0.1%
IMKTA	F	0.19%	0.21%	0.19%
INSW	C	0.54%	0.21%	0.21%
JBSS	D	0.08%	0.08%	0.08%
JELD	F	0.2%	0.21%	0.2%
KBH	D	0.9%	0.15%	0.15%
KD	C	0.05%	0.17%	0.05%
KELYA	D	0.1%	0.2%	0.1%
KFRC	D	0.02%	0.05%	0.02%
KMT	F	0.32%	0.03%	0.03%
KSS	F	0.55%	0.09%	0.09%
LBRT	D	0.63%	0.22%	0.22%
LNTH	C	0.01%	0.02%	0.01%
LPG	C	0.33%	0.01%	0.01%
LYTS	D	0.03%	0.06%	0.03%
LZB	C	0.26%	0.07%	0.07%
M	C	0.61%	0.17%	0.17%
MATX	B	0.94%	0.1%	0.1%
MBIN	C	0.11%	0.12%	0.11%
MBUU	F	0.13%	0.13%	0.13%
MCFT	F	0.06%	0.05%	0.05%
MCRI	D	0.16%	0.04%	0.04%
MGY	B	0.68%	0.05%	0.05%
MHO	D	0.67%	0.37%	0.37%
MLI	C	0.79%	0.56%	0.56%
MOD	B	0.08%	0.09%	0.08%
MOV	D	0.06%	0.08%	0.06%
MRC	D	0.09%	0.03%	0.03%
MRTN	C	0.19%	0.05%	0.05%
MTDR	D	0.18%	0.12%	0.12%
MTG	B	0.5%	0.95%	0.5%
MTH	D	0.55%	0.26%	0.26%
MTW	F	0.02%	0.05%	0.02%
MUR	D	0.2%	0.14%	0.14%
MYRG	F	0.19%	0.09%	0.09%
NAT	D	0.1%	0.17%	0.1%
NAVI	F	0.17%	0.11%	0.11%
NMIH	B	0.39%	0.28%	0.28%
NOG	C	0.6%	0.11%	0.11%
NR	C	0.11%	0.11%	0.11%
NTB	C	0.21%	0.23%	0.21%
NX	F	0.17%	0.09%	0.09%
ODP	F	0.25%	0.2%	0.2%
OFG	B	0.26%	0.6%	0.26%
OMF	D	0.2%	0.56%	0.2%
OSBC	B	0.08%	0.05%	0.05%
OSUR	F	0.06%	0.11%	0.06%
OXM	D	0.26%	0.13%	0.13%
OZK	D	0.46%	0.54%	0.46%
PARR	F	0.27%	0.19%	0.19%
PATK	D	0.26%	0.17%	0.17%
PBF	F	0.28%	0.2%	0.2%
PFBC	D	0.11%	0.23%	0.11%
PFSI	B	0.26%	0.18%	0.18%
PLAB	D	0.31%	0.35%	0.31%
PLPC	F	0.0%	0.08%	0.0%
PLUS	D	0.24%	0.16%	0.16%
POWL	D	0.29%	0.06%	0.06%
PRDO	C	0.21%	0.34%	0.21%
PSMT	D	0.36%	0.08%	0.08%
PUMP	F	0.15%	0.02%	0.02%
QCRH	C	0.13%	0.15%	0.13%
R	B	0.81%	0.19%	0.19%
RDN	B	0.68%	0.37%	0.37%
RES	F	0.1%	0.13%	0.1%
REVG	D	0.0%	0.1%	0.0%
REX	F	0.08%	0.1%	0.08%
SANM	C	0.45%	0.12%	0.12%
SBSI	D	0.03%	0.08%	0.03%
SCHL	D	0.13%	0.19%	0.13%
SCS	C	0.23%	0.28%	0.23%
SCSC	D	0.16%	0.11%	0.11%
SCVL	C	0.11%	0.05%	0.05%
SD	D	0.07%	0.07%	0.07%
SFL	C	0.29%	0.1%	0.1%
SFM	B	0.55%	0.05%	0.05%
SHOO	C	0.06%	0.04%	0.04%
SIG	D	0.54%	0.25%	0.25%
SKYW	B	0.71%	0.19%	0.19%
SLCA	B	0.21%	0.07%	0.07%
SLM	D	0.71%	0.15%	0.15%
SM	D	0.78%	0.33%	0.33%
SMP	F	0.07%	0.03%	0.03%
SNDR	B	0.12%	0.03%	0.03%
SPTN	F	0.1%	0.11%	0.1%
SRCE	B	0.07%	0.22%	0.07%
STBA	B	0.14%	0.1%	0.1%
STNG	B	0.78%	0.19%	0.19%
STRL	D	0.26%	0.2%	0.2%
SXC	D	0.18%	0.25%	0.18%
TCBI	C	0.25%	0.05%	0.05%
TEX	D	0.55%	0.25%	0.25%
THFF	D	0.05%	0.09%	0.05%
THO	D	0.5%	0.26%	0.26%
TK	C	0.1%	0.2%	0.1%
TMHC	D	0.63%	0.74%	0.63%
TNC	D	0.08%	0.06%	0.06%
TNK	C	0.38%	0.21%	0.21%
TPC	C	0.11%	0.05%	0.05%
TPH	D	0.54%	0.15%	0.15%
TRST	C	0.07%	0.04%	0.04%
UFPI	D	0.08%	0.41%	0.08%
URBN	C	0.52%	0.16%	0.16%
VSH	D	0.54%	0.08%	0.08%
WABC	D	0.16%	0.15%	0.15%
WAFD	C	0.25%	0.11%	0.11%
WERN	F	0.41%	0.04%	0.04%
WGO	F	0.23%	0.13%	0.13%
WIRE	A	0.87%	0.22%	0.22%
WMK	D	0.15%	0.16%	0.15%
WNC	F	0.18%	0.16%	0.16%
WOR	F	0.2%	0.1%	0.1%
WSFS	B	0.29%	0.04%	0.04%
WTTR	B	0.14%	0.11%	0.11%
ZEUS	F	0.09%	0.16%	0.09%

AVUV Overweight 528 Positions Relative to VFMF

Symbol	Grade	Weight
JXN	C	0.91%
AL	C	0.89%
GATX	B	0.86%
MDU	C	0.8%
CNX	C	0.71%
AMR	D	0.66%
GT	F	0.65%
DXC	C	0.59%
AROC	B	0.59%
HRI	F	0.58%
HOG	F	0.55%
HWC	C	0.52%
ALK	F	0.47%
AXS	C	0.46%
UMBF	C	0.45%
ONB	B	0.44%
BHF	F	0.43%
KOS	F	0.43%
PTEN	F	0.43%
TDS	B	0.41%
VSTO	B	0.38%
DIOD	C	0.38%
FNB	C	0.38%
ESNT	C	0.37%
JBLU	C	0.36%
CRI	F	0.35%
OII	B	0.34%
ANDE	D	0.34%
SNV	B	0.34%
FYBR	B	0.33%
LCII	F	0.32%
ASB	D	0.31%
SLVM	D	0.31%
CC	F	0.3%
SATS	B	0.3%
SNEX	B	0.29%
PHIN	D	0.28%
LPX	D	0.28%
BOH	F	0.28%
DAN	F	0.28%
GBX	D	0.27%
TALO	F	0.27%
CAKE	C	0.27%
COLM	D	0.27%
PINC	F	0.27%
WD	D	0.26%
VLY	F	0.26%
JWN	B	0.26%
COLB	D	0.26%
TBBK	B	0.25%
TROX	D	0.25%
CUBI	B	0.24%
ABCB	C	0.24%
WTFC	D	0.23%
CDE	A	0.23%
OPEN	F	0.22%
WTM	D	0.21%
TRMK	C	0.21%
BANR	C	0.21%
OEC	F	0.21%
ATSG	C	0.2%
KLIC	B	0.19%
EFSC	C	0.19%
SPNT	D	0.19%
TRN	D	0.19%
RIG	F	0.19%
AM	B	0.19%
KFY	B	0.18%
KRP	B	0.18%
CRK	D	0.18%
PFS	D	0.18%
BXC	F	0.18%
TTMI	B	0.18%
PII	F	0.17%
TILE	D	0.17%
CRGY	B	0.17%
AVT	D	0.16%
KLG	F	0.16%
BHE	D	0.16%
CADE	D	0.16%
PRG	D	0.16%
HTLF	B	0.16%
PPBI	F	0.16%
ALGT	F	0.16%
TOWN	B	0.15%
SBOW	B	0.15%
USM	B	0.15%
PLYA	D	0.15%
HOPE	C	0.15%
HRMY	B	0.15%
BJRI	B	0.14%
CENX	B	0.14%
BKD	C	0.14%
CBRL	F	0.14%
ENLC	B	0.13%
EGY	C	0.13%
STNE	D	0.13%
SASR	C	0.13%
KALU	D	0.13%
PDCO	F	0.13%
FRME	D	0.12%
GLNG	A	0.12%
SGH	B	0.12%
UNFI	C	0.12%
VBTX	C	0.12%
PEBO	D	0.12%
TCBK	C	0.11%
OCFC	B	0.11%
VC	D	0.11%
FDP	F	0.11%
SCL	D	0.11%
ARHS	C	0.11%
SWBI	D	0.11%
RYI	F	0.11%
PLXS	D	0.1%
NBTB	B	0.1%
OSG	A	0.1%
BGS	F	0.1%
LC	C	0.1%
NNI	C	0.1%
PAGS	C	0.1%
OBK	D	0.1%
ASIX	F	0.1%
GHC	D	0.1%
NBR	F	0.1%
WAL	B	0.1%
CTBI	C	0.09%
PLMR	C	0.09%
LMB	C	0.09%
VRTS	D	0.09%
BY	B	0.09%
SFBS	C	0.09%
SEB	F	0.09%
MBWM	C	0.09%
ZION	C	0.09%
SBLK	D	0.09%
FL	D	0.09%
PFC	D	0.09%
DCOM	C	0.09%
THRM	F	0.08%
MATV	D	0.08%
IBCP	B	0.08%
SB	C	0.08%
FMBH	B	0.08%
UVSP	B	0.08%
SNCY	C	0.08%
BRY	D	0.08%
NWBI	C	0.08%
HTH	D	0.08%
UTI	B	0.08%
LXU	F	0.08%
HTLD	C	0.08%
NBHC	B	0.08%
BFST	D	0.07%
SF	B	0.07%
MSBI	D	0.07%
HY	D	0.07%
EGBN	F	0.07%
CMRE	C	0.07%
INDB	D	0.07%
SKY	F	0.07%
ASH	D	0.07%
VTOL	C	0.07%
AMBC	F	0.07%
GDEN	F	0.07%
CFB	B	0.07%
CATC	B	0.06%
HTBK	C	0.06%
RGR	F	0.06%
RBCAA	C	0.06%
WASH	C	0.06%
VYGR	F	0.06%
AOSL	B	0.06%
TWI	F	0.06%
CABO	F	0.06%
RYAM	C	0.06%
GRNT	C	0.06%
UVE	D	0.06%
XPRO	C	0.06%
SUPN	F	0.06%
RDUS	F	0.06%
AMTB	C	0.06%
HCI	F	0.06%
PGC	F	0.05%
BANC	D	0.05%
LOVE	F	0.05%
CCB	C	0.05%
MCBC	A	0.05%
SMBC	C	0.05%
CVEO	D	0.05%
IRDM	D	0.05%
AMCX	F	0.05%
HBNC	D	0.05%
ZIMV	B	0.05%
NGVC	A	0.05%
GVA	B	0.05%
MYE	F	0.05%
AROW	B	0.05%
HTBI	B	0.05%
USNA	F	0.05%
ULH	D	0.05%
ODC	F	0.05%
CCNE	D	0.05%
MCB	C	0.05%
HPK	C	0.05%
NBN	B	0.05%
INVA	B	0.04%
PRK	B	0.04%
NRIM	B	0.04%
FBMS	D	0.04%
MMI	D	0.04%
NTGR	C	0.04%
MERC	F	0.04%
FISI	B	0.04%
EZPW	D	0.04%
LKFN	D	0.04%
PUBM	D	0.04%
CARE	B	0.04%
CVGW	F	0.04%
AAP	F	0.04%
SHEN	C	0.04%
DO	C	0.04%
HDSN	F	0.04%
EQBK	B	0.04%
CVBF	C	0.04%
BHB	D	0.04%
TRDA	F	0.04%
NFBK	C	0.04%
EBS	B	0.04%
FFIC	C	0.04%
NUS	F	0.04%
PAHC	C	0.04%
UCTT	A	0.04%
CAC	C	0.04%
VPG	F	0.04%
ESQ	D	0.04%
MCS	F	0.04%
OPY	B	0.04%
SIGA	C	0.04%
HTZ	F	0.04%
PANL	C	0.04%
CENT	F	0.04%
ATNI	F	0.04%
LOB	F	0.04%
TBI	F	0.04%
IMMR	B	0.04%
APEI	B	0.04%
HONE	C	0.03%
BWB	D	0.03%
KODK	B	0.03%
DHIL	F	0.03%
AA	B	0.03%
FLIC	F	0.03%
SAFT	D	0.03%
JAKK	D	0.03%
SYBT	C	0.03%
VIRC	C	0.03%
USLM	C	0.03%
USAP	D	0.03%
GCO	F	0.03%
GPRE	F	0.03%
CVGI	F	0.03%
ORN	D	0.03%
ORRF	B	0.03%
HFWA	D	0.03%
NATR	F	0.03%
MCBS	B	0.03%
KRT	C	0.03%
WRLD	D	0.03%
SOI	D	0.03%
PAX	F	0.03%
HNRG	C	0.03%
FG	D	0.03%
CASS	D	0.03%
VLGEA	D	0.03%
NWLI	A	0.03%
NWPX	D	0.03%
MED	F	0.03%
LEGH	D	0.03%
CDMO	D	0.03%
VSAT	F	0.03%
SMBK	B	0.03%
UCBI	D	0.03%
SGC	D	0.03%
SFNC	D	0.03%
IPI	D	0.03%
GLRE	D	0.03%
DXLG	D	0.03%
RBB	C	0.03%
REPX	C	0.03%
SPFI	D	0.03%
FBK	B	0.03%
RCKY	C	0.03%
HBB	D	0.02%
ACDC	F	0.02%
LSEA	F	0.02%
FBNC	C	0.02%
LNN	D	0.02%
INBK	C	0.02%
TTI	F	0.02%
FSBW	C	0.02%
RMAX	F	0.02%
KRO	D	0.02%
CMA	C	0.02%
TYRA	C	0.02%
PBYI	F	0.02%
CRCT	F	0.02%
SFST	C	0.02%
FSBC	C	0.02%
JHG	B	0.02%
FFBC	D	0.02%
PKOH	D	0.02%
HBT	B	0.02%
VRA	F	0.02%
NGS	D	0.02%
HMST	C	0.02%
OIS	F	0.02%
FBIZ	C	0.02%
BSRR	B	0.02%
LE	D	0.02%
SGHC	D	0.02%
GHM	D	0.02%
GLDD	C	0.02%
TH	D	0.02%
RNGR	C	0.02%
FFWM	F	0.02%
CCBG	D	0.02%
MEI	F	0.02%
BHRB	F	0.02%
ACNB	C	0.02%
RM	D	0.02%
PRA	F	0.02%
ALRS	F	0.02%
HRTG	F	0.02%
BMRC	C	0.02%
CMT	F	0.02%
SKWD	D	0.02%
MOFG	C	0.02%
HOFT	F	0.02%
CHUY	F	0.02%
FIBK	B	0.02%
KW	C	0.02%
MPB	B	0.02%
TMP	C	0.02%
FMNB	D	0.02%
FSTR	F	0.02%
KE	F	0.02%
AMRC	F	0.02%
REI	D	0.02%
KNF	C	0.01%
BFIN	B	0.01%
OBT	B	0.01%
CATO	D	0.01%
CPSS	B	0.01%
VITL	C	0.01%
BGFV	F	0.01%
ASTE	F	0.01%
UBFO	D	0.01%
CBNK	D	0.01%
JRVR	F	0.01%
AAOI	F	0.01%
RMR	D	0.01%
BVS	C	0.01%
OPBK	D	0.01%
ESOA	C	0.01%
EVC	F	0.01%
TCBX	D	0.01%
MPX	F	0.01%
KLXE	F	0.01%
ATLC	C	0.01%
FUNC	C	0.01%
FHB	C	0.01%
TSBK	D	0.01%
FCBC	B	0.01%
PFIS	C	0.01%
BSET	D	0.01%
CRD.B	F	0.01%
GNTY	C	0.01%
LINC	B	0.01%
CIVB	D	0.01%
FRST	C	0.01%
BWFG	D	0.01%
FF	C	0.01%
TAYD	D	0.01%
MEC	B	0.01%
GEOS	D	0.01%
MCY	C	0.01%
VNDA	C	0.01%
PTSI	F	0.01%
BCML	D	0.01%
QUAD	B	0.01%
GABC	B	0.01%
IBEX	C	0.01%
MPAA	C	0.01%
EBTC	F	0.01%
PKBK	F	0.01%
SWIM	F	0.01%
MFIN	D	0.01%
NC	F	0.01%
CTRN	F	0.01%
STKS	F	0.01%
RICK	F	0.01%
HEAR	D	0.01%
LCUT	F	0.01%
FLXS	D	0.01%
TTSH	C	0.01%
LTH	B	0.01%
METCB	F	0.01%
CLAR	F	0.01%
ALTG	F	0.01%
UNTY	C	0.01%
HBCP	C	0.01%
PCB	D	0.01%
ACU	D	0.01%
TG	D	0.01%
FRBA	C	0.01%
MWA	C	0.01%
ARCT	F	0.01%
NEWT	D	0.01%
SHBI	C	0.01%
LXFR	D	0.01%
MVBF	F	0.01%
FNKO	C	0.01%
BCBP	D	0.01%
CVLY	B	0.01%
SONO	F	0.01%
BFC	D	0.01%
GDOT	F	0.01%
GIC	F	0.01%
KRNY	C	0.01%
FLL	C	0.01%
IMXI	F	0.01%
WSBF	B	0.01%
RLGT	C	0.01%
NNBR	F	0.01%
AMPY	B	0.01%
SRI	F	0.01%
HIFS	B	0.01%
UEIC	D	0.01%
ACIC	D	0.01%
WTBA	D	0.01%
GAIA	B	0.0%
ALTO	F	0.0%
CONN	F	0.0%
GLT	F	0.0%
MRBK	B	0.0%
CPHC	F	0.0%
NKSH	D	0.0%
OCUP	F	0.0%
INTT	D	0.0%
BH	D	0.0%
SRTS	B	0.0%
SPWH	F	0.0%
FRD	F	0.0%
WNEB	C	0.0%
PLBC	F	0.0%
FPH	D	0.0%
MNSB	D	0.0%
KVHI	F	0.0%
FGBI	D	0.0%
ESCA	F	0.0%
PWOD	C	0.0%
BIG	F	0.0%
MYFW	C	0.0%
BWEN	C	0.0%
UTMD	F	0.0%
CFFI	D	0.0%
VABK	C	0.0%
CNTY	F	0.0%
OB	C	0.0%
FDBC	F	0.0%
ORGO	C	0.0%
ATLO	D	0.0%
MNTK	C	0.0%
LL	F	0.0%
OPRX	F	0.0%
ECPG	D	0.0%
ISTR	D	0.0%
PNRG	C	0.0%
WOW	C	0.0%
AOUT	C	0.0%
CZFS	D	0.0%
PHX	D	0.0%
WEYS	D	0.0%
LAKE	B	0.0%
FIGS	C	0.0%
VHI	D	0.0%
BSVN	B	0.0%
NWFL	F	0.0%
CMLS	F	0.0%
COFS	C	0.0%
EVBN	C	0.0%
CHMG	C	0.0%
XBIT	D	0.0%
NIC	C	0.0%
UFI	F	0.0%
DLTH	F	0.0%
MYPS	F	0.0%
TBNK	F	0.0%
CRD.B	F	0.0%
FWRD	D	0.0%
LPRO	F	0.0%
RRBI	D	0.0%
CSPI	B	0.0%
FVCB	F	0.0%
CBAN	B	0.0%
ACTG	C	0.0%
LWAY	F	0.0%
LFVN	F	0.0%
HMN	D	0.0%
CBFV	C	0.0%
NOTV	F	0.0%
HWBK	B	0.0%
OLPX	F	0.0%
OVLY	F	0.0%
CCRD	D	0.0%
EPSN	C	0.0%
JOUT	F	0.0%
FONR	C	0.0%
RVSB	F	0.0%
FNLC	D	0.0%
ITIC	B	0.0%
BANF	D	0.0%
EML	C	0.0%
IMAX	C	0.0%
NEU	D	0.0%
ZUMZ	B	0.0%
FRAF	D	0.0%

AVUV Underweight 274 Positions Relative to VFMF

Symbol	Grade	Weight
GOOG	A	-1.23%
MPC	D	-1.13%
AIG	D	-1.05%
ABBV	C	-1.04%
VLO	D	-0.99%
MCK	B	-0.98%
AFL	B	-0.98%
PHM	D	-0.96%
AMAT	B	-0.95%
NUE	F	-0.94%
APO	B	-0.89%
LRCX	B	-0.85%
GOOGL	A	-0.84%
BKNG	B	-0.83%
META	A	-0.82%
AXP	C	-0.78%
PSX	D	-0.78%
JPM	B	-0.77%
HIG	C	-0.77%
WFC	C	-0.73%
IBM	B	-0.71%
HCA	C	-0.68%
GILD	C	-0.66%
FDX	B	-0.64%
XOM	D	-0.63%
PCAR	D	-0.61%
EOG	D	-0.6%
COP	D	-0.58%
QCOM	B	-0.54%
VZ	B	-0.54%
REGN	B	-0.53%
CI	D	-0.52%
CAT	D	-0.51%
CSCO	D	-0.5%
OC	D	-0.49%
KR	C	-0.48%
AZO	C	-0.48%
VRTX	B	-0.47%
PVH	F	-0.47%
WMT	A	-0.45%
CAH	D	-0.45%
CDNS	B	-0.45%
ORI	D	-0.44%
ALSN	D	-0.43%
KLAC	B	-0.42%
COST	A	-0.41%
LULU	F	-0.41%
ORLY	C	-0.41%
CVX	D	-0.4%
TJX	A	-0.4%
NWS	B	-0.39%
WRB	C	-0.38%
NVDA	B	-0.37%
MRK	C	-0.36%
CRM	C	-0.35%
PRI	C	-0.35%
ELV	C	-0.34%
HRB	B	-0.34%
JBL	F	-0.34%
BK	B	-0.34%
GFF	D	-0.34%
CBOE	D	-0.34%
WSM	D	-0.33%
CMCSA	F	-0.32%
KMB	B	-0.31%
AVGO	B	-0.3%
LNG	B	-0.3%
LEN	D	-0.29%
UNM	D	-0.29%
GE	D	-0.28%
MSM	F	-0.28%
SKX	C	-0.27%
AAL	F	-0.27%
COOP	D	-0.26%
BLDR	F	-0.26%
AMWD	F	-0.25%
WFRD	B	-0.25%
DHI	D	-0.25%
CPAY	D	-0.25%
TGT	D	-0.25%
NSIT	C	-0.24%
FIX	D	-0.24%
BBWI	F	-0.24%
CHRD	C	-0.23%
DBX	D	-0.23%
SYF	B	-0.23%
CACC	B	-0.23%
CNC	D	-0.23%
AYI	D	-0.23%
NVR	D	-0.23%
DINO	D	-0.23%
BLD	D	-0.23%
EAT	C	-0.22%
EVR	A	-0.22%
CTRA	D	-0.22%
FNF	D	-0.22%
FTI	B	-0.21%
DKS	C	-0.21%
VGR	C	-0.2%
OXY	D	-0.2%
FANG	B	-0.2%
RL	C	-0.2%
EME	D	-0.19%
IRWD	F	-0.19%
SNPS	B	-0.19%
PKG	C	-0.19%
MOH	F	-0.19%
BG	B	-0.19%
JEF	B	-0.19%
VNT	D	-0.19%
LEN	D	-0.19%
RS	D	-0.18%
DOX	D	-0.18%
OLN	F	-0.18%
HPQ	C	-0.18%
TNET	F	-0.18%
URI	D	-0.18%
DECK	C	-0.18%
RRC	D	-0.17%
COLL	C	-0.17%
AIT	C	-0.17%
SNA	F	-0.17%
CF	F	-0.17%
ADBE	B	-0.17%
GL	D	-0.17%
PFGC	D	-0.16%
ARW	D	-0.16%
TPR	C	-0.16%
AMRX	C	-0.16%
CRBG	C	-0.16%
SSD	F	-0.15%
AN	D	-0.15%
BMY	F	-0.15%
PR	C	-0.15%
ATGE	A	-0.15%
SPOK	C	-0.15%
VCTR	D	-0.15%
ROCK	D	-0.15%
ACN	D	-0.15%
CPRX	D	-0.15%
VIRT	C	-0.15%
MOG.A	C	-0.15%
TAP	F	-0.15%
EXPE	C	-0.14%
MUSA	C	-0.14%
HUBB	C	-0.14%
WEX	D	-0.14%
WLK	D	-0.13%
RAMP	C	-0.13%
MEDP	C	-0.13%
BLX	C	-0.13%
CTSH	C	-0.13%
SAIA	C	-0.13%
LRN	D	-0.13%
YETI	F	-0.13%
KNTK	B	-0.12%
STT	C	-0.12%
NMRK	C	-0.12%
AGCO	F	-0.12%
GPC	D	-0.12%
LYB	D	-0.12%
EQH	B	-0.12%
JOE	D	-0.12%
OMI	F	-0.12%
PH	D	-0.11%
RCL	B	-0.11%
CNM	D	-0.11%
SWKS	C	-0.11%
FICO	A	-0.11%
LSTR	D	-0.11%
NXST	B	-0.11%
MLKN	D	-0.11%
EXP	D	-0.11%
NTAP	A	-0.1%
RUSHA	F	-0.1%
QLYS	D	-0.1%
CVLT	B	-0.1%
EXEL	C	-0.1%
IDT	D	-0.09%
BECN	D	-0.09%
XRX	F	-0.09%
BOKF	D	-0.09%
UVV	D	-0.08%
CRVL	B	-0.08%
WU	D	-0.08%
STLD	D	-0.08%
WMS	D	-0.08%
LPLA	B	-0.08%
PETQ	B	-0.08%
DLX	D	-0.08%
BWA	F	-0.07%
APG	C	-0.07%
BBSI	B	-0.07%
XPO	C	-0.07%
UA	F	-0.07%
AMZN	A	-0.07%
CNA	B	-0.07%
PTVE	F	-0.07%
PFG	D	-0.07%
CSL	C	-0.07%
SAIC	D	-0.07%
RGP	F	-0.07%
TMUS	B	-0.06%
LOW	D	-0.06%
MITK	F	-0.06%
THR	D	-0.06%
AIR	B	-0.06%
LOPE	C	-0.06%
BC	F	-0.06%
EBAY	B	-0.06%
RNR	D	-0.06%
VFC	D	-0.06%
HELE	F	-0.06%
CASY	B	-0.06%
AMG	D	-0.05%
ROST	B	-0.05%
KN	D	-0.05%
PSTG	B	-0.05%
JACK	F	-0.05%
CHE	D	-0.05%
SXI	D	-0.05%
EXPD	B	-0.05%
VTRS	D	-0.05%
LQDT	B	-0.05%
YELP	F	-0.05%
ACLS	B	-0.05%
BBY	C	-0.05%
EWBC	D	-0.05%
PAG	D	-0.05%
STRA	C	-0.05%
CACI	B	-0.05%
OI	F	-0.04%
PNR	D	-0.04%
SMCI	B	-0.04%
SAH	D	-0.04%
TKR	D	-0.04%
JBHT	F	-0.04%
CARR	C	-0.04%
PRLB	D	-0.04%
CTS	D	-0.04%
ULTA	D	-0.04%
HNI	C	-0.04%
INMD	F	-0.04%
HPE	C	-0.04%
FELE	D	-0.04%
BLMN	F	-0.04%
GOLF	C	-0.04%
GPI	D	-0.03%
MAN	D	-0.03%
IPAR	F	-0.03%
ATEN	C	-0.03%
HSTM	C	-0.03%
JAZZ	F	-0.03%
EPAC	B	-0.03%
GPK	D	-0.03%
AMRK	C	-0.03%
BERY	D	-0.03%
BYD	C	-0.03%
CBRE	C	-0.03%
THRY	F	-0.03%
SCCO	C	-0.03%
INSE	D	-0.03%
TDW	C	-0.03%
ELF	C	-0.02%
IGT	F	-0.02%
COHU	B	-0.02%
TPX	D	-0.02%
PANW	B	-0.02%
FFIV	C	-0.02%
RHI	F	-0.02%
NVT	D	-0.02%
TNL	D	-0.02%
HIMS	C	-0.02%
AMP	B	-0.01%