IUSV vs. VIG ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Vanguard Div Appreciation ETF - DNQ (VIG)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$94.88

Average Daily Volume

461,570

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

VIG

Vanguard Div Appreciation ETF - DNQ

VIG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the NASDAQ US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$197.02

Average Daily Volume

675,090

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	VIG
30 Days	0.85%	0.86%
60 Days	5.92%	6.08%
90 Days	9.02%	7.80%
12 Months	31.04%	29.55%

220 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in VIG	Overlap
	ABBV	A	0.97%	1.87%	0.97%
	ABT	C	0.87%	1.06%	0.87%
	ACN	B	0.45%	1.16%	0.45%
	ADI	C	0.21%	0.63%	0.21%
	ADM	D	0.13%	0.16%	0.13%
	ADP	A	0.3%	0.61%	0.3%
	AES	B	0.06%	0.07%	0.06%
	AFG	B	0.04%	0.05%	0.04%
	AFL	A	0.25%	0.31%	0.25%
	AGCO	D	0.03%	0.03%	0.03%
	AIZ	A	0.05%	0.06%	0.05%
	AJG	D	0.13%	0.34%	0.13%
	ALB	D	0.05%	0.06%	0.05%
	ALL	C	0.22%	0.27%	0.22%
	ALLE	A	0.03%	0.07%	0.03%
	AMGN	D	0.77%	0.97%	0.77%
	AMP	A	0.1%	0.24%	0.1%
	AON	A	0.16%	0.4%	0.16%
	AOS	B	0.02%	0.05%	0.02%
	APD	C	0.3%	0.33%	0.3%
	APH	D	0.15%	0.44%	0.15%
	ASH	F	0.02%	0.02%	0.02%
	ATO	A	0.09%	0.1%	0.09%
	ATR	A	0.02%	0.05%	0.02%
	AVNT	B	0.02%	0.02%	0.02%
	AVT	B	0.02%	0.03%	0.02%
	AVY	B	0.08%	0.1%	0.08%
	AWK	C	0.13%	0.15%	0.13%
	BAC	D	1.19%	1.5%	1.19%
	BC	C	0.01%	0.03%	0.01%
	BDX	B	0.31%	0.38%	0.31%
	BK	C	0.24%	0.28%	0.24%
	BLK	B	0.59%	0.68%	0.59%
	BR	B	0.05%	0.14%	0.05%
	BRO	A	0.02%	0.13%	0.02%
	CADE	D	0.01%	0.03%	0.01%
	CAH	B	0.12%	0.15%	0.12%
	CAT	A	0.35%	0.94%	0.35%
	CB	A	0.48%	0.63%	0.48%
	CBOE	B	0.03%	0.12%	0.03%
	CBSH	D	0.02%	0.04%	0.02%
	CBT	B	0.01%	0.03%	0.01%
	CDW	D	0.08%	0.16%	0.08%
	CFR	D	0.02%	0.04%	0.02%
	CHD	B	0.06%	0.13%	0.06%
	CHE	B	0.02%	0.05%	0.02%
	CHRW	A	0.06%	0.07%	0.06%
	CINF	A	0.1%	0.12%	0.1%
	CL	D	0.23%	0.47%	0.23%
	CLX	B	0.09%	0.11%	0.09%
	CMCSA	B	0.72%	0.85%	0.72%
	CMI	B	0.2%	0.23%	0.2%
	CMS	A	0.09%	0.11%	0.09%
	CNO	C	0.02%	0.02%	0.02%
	COST	C	1.01%	2.13%	1.01%
	CSCO	A	0.95%	1.1%	0.95%
	CSX	D	0.15%	0.36%	0.15%
	CTAS	C	0.14%	0.38%	0.14%
	DCI	B	0.02%	0.05%	0.02%
	DFS	C	0.07%	0.19%	0.07%
	DGX	C	0.08%	0.1%	0.08%
	DHR	B	0.79%	0.96%	0.79%
	DOV	C	0.12%	0.14%	0.12%
	DPZ	D	0.04%	0.08%	0.04%
	DTE	A	0.12%	0.14%	0.12%
	ECL	A	0.14%	0.35%	0.14%
	ELV	F	0.54%	0.7%	0.54%
	EMN	B	0.06%	0.07%	0.06%
	EMR	B	0.28%	0.32%	0.28%
	ERIE	A	0.03%	0.07%	0.03%
	ETN	C	0.22%	0.66%	0.22%
	EVR	C	0.01%	0.05%	0.01%
	EXPD	B	0.05%	0.09%	0.05%
	EXPO	B	0.01%	0.03%	0.01%
	FAF	B	0.03%	0.04%	0.03%
	FAST	C	0.09%	0.21%	0.09%
	FDS	C	0.04%	0.09%	0.04%
	FFIN	D	0.01%	0.03%	0.01%
	FITB	C	0.13%	0.16%	0.13%
	FLO	C	0.02%	0.02%	0.02%
	FNF	A	0.06%	0.08%	0.06%
	GATX	D	0.01%	0.03%	0.01%
	GD	A	0.34%	0.37%	0.34%
	GHC	B	0.01%	0.01%	0.01%
	GL	C	0.04%	0.05%	0.04%
	GLW	C	0.15%	0.17%	0.15%
	GPC	D	0.09%	0.11%	0.09%
	GS	D	0.7%	0.89%	0.7%
	GWW	A	0.05%	0.23%	0.05%
	HD	A	1.11%	1.98%	1.11%
	HIG	A	0.15%	0.19%	0.15%
	HII	D	0.05%	0.06%	0.05%
	HOMB	D	0.02%	0.03%	0.02%
	HON	B	0.6%	0.73%	0.6%
	HPQ	C	0.15%	0.17%	0.15%
	HRL	F	0.04%	0.05%	0.04%
	HSY	D	0.08%	0.15%	0.08%
	HUBB	A	0.06%	0.12%	0.06%
	HUM	F	0.17%	0.23%	0.17%
	IBM	C	0.91%	1.0%	0.91%
	IBOC	D	0.01%	0.02%	0.01%
	ICE	A	0.41%	0.5%	0.41%
	IDA	B	0.02%	0.03%	0.02%
	IEX	D	0.07%	0.08%	0.07%
	INGR	A	0.03%	0.05%	0.03%
	ITW	B	0.17%	0.37%	0.17%
	JBHT	D	0.06%	0.08%	0.06%
	JKHY	A	0.06%	0.07%	0.06%
	JNJ	C	1.73%	2.15%	1.73%
	JPM	D	2.67%	3.48%	2.67%
	KO	B	0.76%	1.52%	0.76%
	KR	B	0.17%	0.14%	0.14%
	LAD	B	0.04%	0.04%	0.04%
	LANC	F	0.01%	0.02%	0.01%
	LFUS	C	0.01%	0.04%	0.01%
	LHX	A	0.2%	0.24%	0.2%
	LIN	B	0.49%	1.24%	0.49%
	LMT	A	0.55%	0.67%	0.55%
	LNT	A	0.07%	0.08%	0.07%
	LOW	A	0.68%	0.77%	0.68%
	MA	A	0.51%	2.15%	0.51%
	MAN	D	0.02%	0.02%	0.02%
	MAS	A	0.04%	0.1%	0.04%
	MCD	A	0.54%	1.12%	0.54%
	MCHP	F	0.08%	0.24%	0.08%
	MCK	F	0.28%	0.4%	0.28%
	MCO	C	0.18%	0.41%	0.18%
	MDLZ	C	0.26%	0.53%	0.26%
	MDT	A	0.51%	0.64%	0.51%
	MET	A	0.22%	0.25%	0.22%
	MKC	B	0.09%	0.11%	0.09%
	MKTX	C	0.04%	0.05%	0.04%
	MMC	D	0.24%	0.61%	0.24%
	MRK	F	0.77%	1.62%	0.77%
	MSI	A	0.14%	0.4%	0.14%
	NDAQ	C	0.13%	0.16%	0.13%
	NDSN	B	0.06%	0.08%	0.06%
	NEE	A	0.77%	0.89%	0.77%
	NFG	A	0.02%	0.03%	0.02%
	NJR	C	0.02%	0.02%	0.02%
	NKE	D	0.27%	0.55%	0.27%
	NOC	B	0.32%	0.39%	0.32%
	NSP	F	0.01%	0.02%	0.01%
	NUE	D	0.06%	0.2%	0.06%
	ORI	A	0.04%	0.05%	0.04%
	OSK	F	0.03%	0.04%	0.03%
	OZK	F	0.01%	0.02%	0.01%
	PAYX	A	0.11%	0.23%	0.11%
	PB	D	0.03%	0.04%	0.03%
	PEP	D	0.67%	1.28%	0.67%
	PFG	C	0.08%	0.09%	0.08%
	PG	C	1.11%	2.19%	1.11%
	PII	D	0.02%	0.02%	0.02%
	PKG	A	0.09%	0.1%	0.09%
	PNC	C	0.32%	0.4%	0.32%
	PNR	A	0.02%	0.08%	0.02%
	POOL	B	0.03%	0.07%	0.03%
	POWI	F	0.01%	0.02%	0.01%
	PPG	D	0.14%	0.16%	0.14%
	PRGO	F	0.02%	0.02%	0.02%
	PSX	F	0.24%	0.33%	0.24%
	QCOM	D	0.41%	1.05%	0.41%
	R	C	0.03%	0.03%	0.03%
	RGA	C	0.06%	0.08%	0.06%
	RGLD	C	0.02%	0.05%	0.02%
	RJF	B	0.1%	0.12%	0.1%
	RLI	A	0.01%	0.03%	0.01%
	RMD	C	0.16%	0.19%	0.16%
	RNR	A	0.03%	0.07%	0.03%
	ROK	D	0.07%	0.17%	0.07%
	ROP	C	0.15%	0.32%	0.15%
	RPM	C	0.03%	0.08%	0.03%
	RRX	C	0.05%	0.06%	0.05%
	RSG	D	0.08%	0.23%	0.08%
	SBUX	B	0.2%	0.58%	0.2%
	SCI	C	0.03%	0.06%	0.03%
	SEIC	B	0.02%	0.04%	0.02%
	SHW	B	0.2%	0.46%	0.2%
	SIGI	D	0.01%	0.03%	0.01%
	SJM	B	0.06%	0.07%	0.06%
	SLGN	A	0.02%	0.02%	0.02%
	SNA	B	0.04%	0.08%	0.04%
	SON	D	0.02%	0.03%	0.02%
	SPGI	C	0.41%	0.89%	0.41%
	SRE	A	0.23%	0.28%	0.23%
	SSB	C	0.03%	0.04%	0.03%
	STE	D	0.05%	0.13%	0.05%
	STLD	C	0.03%	0.1%	0.03%
	STT	C	0.12%	0.14%	0.12%
	SWK	A	0.08%	0.09%	0.08%
	SYK	C	0.2%	0.66%	0.2%
	SYY	B	0.17%	0.21%	0.17%
	TEL	D	0.12%	0.26%	0.12%
	TGT	C	0.32%	0.38%	0.32%
	THG	A	0.02%	0.03%	0.02%
	THO	C	0.03%	0.03%	0.03%
	TKR	B	0.01%	0.03%	0.01%
	TPL	B	0.02%	0.09%	0.02%
	TRV	C	0.24%	0.28%	0.24%
	TSCO	A	0.08%	0.16%	0.08%
	TSN	D	0.08%	0.1%	0.08%
	TTC	D	0.02%	0.05%	0.02%
	TXN	C	0.54%	1.05%	0.54%
	UMBF	C	0.02%	0.02%	0.02%
	UNH	B	1.48%	2.93%	1.48%
	UNM	A	0.04%	0.05%	0.04%
	UNP	C	0.36%	0.84%	0.36%
	V	C	0.7%	2.24%	0.7%
	VLTO	C	0.12%	0.13%	0.12%
	VMC	D	0.05%	0.17%	0.05%
	WM	D	0.18%	0.42%	0.18%
	WMT	A	1.54%	1.78%	1.54%
	WRB	B	0.08%	0.1%	0.08%
	WTFC	C	0.03%	0.04%	0.03%
	WTRG	D	0.02%	0.05%	0.02%
	XEL	A	0.16%	0.18%	0.16%
	XOM	B	2.29%	2.88%	2.29%
	XYL	B	0.15%	0.18%	0.15%
	ZION	D	0.03%	0.04%	0.03%
	ZTS	B	0.18%	0.45%	0.18%

IUSV Overweight 507 Positions Relative to VIG

	Symbol	Grade	Weight
	BRK.A	C	3.73%
	CVX	D	1.1%
	WFC	D	0.85%
	VZ	A	0.84%
	DIS	D	0.78%
	PFE	D	0.73%
	RTX	A	0.71%
	T	A	0.7%
	TMO	C	0.65%
	MS	B	0.58%
	C	B	0.53%
	PM	B	0.53%
	MU	D	0.53%
	PLD	D	0.52%
	GE	C	0.51%
	BMY	B	0.46%
	GILD	A	0.46%
	TMUS	A	0.45%
	INTC	D	0.45%
	UPS	D	0.44%
	SO	A	0.44%
	SCHW	D	0.43%
	CI	C	0.43%
	DUK	B	0.4%
	MO	B	0.39%
	PYPL	B	0.35%
	MMM	B	0.34%
	CVS	D	0.34%
	PGR	C	0.33%
	WELL	B	0.33%
	USB	C	0.32%
	NEM	C	0.28%
	AMT	C	0.28%
	SLB	F	0.27%
	FDX	D	0.27%
	ISRG	C	0.26%
	BSX	A	0.25%
	NSC	B	0.25%
	COF	C	0.25%
	TFC	D	0.25%
	AEP	B	0.24%
	O	A	0.24%
	CCI	A	0.23%
	BA	F	0.23%
	JCI	B	0.23%
	GM	D	0.23%
	FI	A	0.22%
	CME	A	0.22%
	DE	A	0.21%
	TJX	C	0.21%
	AIG	F	0.21%
	D	A	0.21%
	KMB	B	0.21%
	PEG	A	0.2%
	CEG	B	0.2%
	REGN	D	0.2%
	EQIX	B	0.2%
	KVUE	C	0.2%
	FIS	C	0.2%
	AXP	A	0.2%
	GEHC	B	0.19%
	F	D	0.19%
	KMI	A	0.19%
	PCG	B	0.19%
	VRTX	D	0.19%
	PRU	C	0.19%
	A	B	0.19%
	VLO	F	0.19%
	KDP	C	0.18%
	EXC	A	0.18%
	STZ	B	0.18%
	CTVA	B	0.18%
	GIS	B	0.18%
	CBRE	A	0.17%
	DD	B	0.17%
	EXR	C	0.17%
	COP	D	0.17%
	CTSH	C	0.17%
	DOW	B	0.17%
	HCA	A	0.17%
	GEV	A	0.17%
	CNC	F	0.17%
	COR	F	0.17%
	CARR	C	0.16%
	ED	A	0.16%
	BKR	B	0.16%
	FCX	B	0.16%
	PSA	C	0.15%
	EIX	A	0.15%
	WMB	A	0.15%
	OXY	F	0.15%
	VICI	C	0.15%
	KHC	B	0.14%
	EBAY	A	0.14%
	BX	C	0.14%
	WAB	A	0.14%
	AVB	C	0.14%
	SPG	A	0.14%
	ADSK	C	0.13%
	ABNB	D	0.13%
	BIIB	F	0.13%
	DLR	C	0.13%
	MTB	C	0.13%
	WTW	A	0.13%
	WEC	A	0.13%
	HPE	C	0.12%
	VTR	B	0.12%
	TT	A	0.12%
	IFF	C	0.12%
	FSLR	C	0.12%
	KEYS	C	0.12%
	ETR	A	0.12%
	EOG	D	0.11%
	ES	A	0.11%
	PPL	A	0.11%
	TROW	D	0.11%
	DVN	F	0.11%
	WY	B	0.11%
	MPC	F	0.11%
	SW	B	0.11%
	LYB	D	0.11%
	IQV	F	0.11%
	EQR	C	0.11%
	HAL	F	0.11%
	EW	F	0.11%
	OTIS	A	0.11%
	GPN	F	0.11%
	LDOS	A	0.1%
	HBAN	C	0.1%
	K	B	0.1%
	EQT	C	0.1%
	TER	D	0.1%
	ZBH	F	0.1%
	EFX	D	0.1%
	MRNA	F	0.1%
	FE	A	0.1%
	WDC	C	0.1%
	AEE	A	0.1%
	EL	D	0.1%
	CNP	B	0.09%
	DG	F	0.09%
	MTD	B	0.09%
	MSCI	B	0.09%
	EA	D	0.09%
	J	D	0.09%
	SYF	C	0.09%
	APTV	D	0.09%
	BAX	D	0.09%
	INVH	D	0.09%
	BBY	B	0.09%
	LEN	B	0.09%
	OKE	C	0.09%
	OMC	A	0.09%
	BALL	B	0.09%
	TDY	B	0.09%
	AME	D	0.09%
	ILMN	C	0.09%
	RF	C	0.09%
	YUM	B	0.09%
	IRM	B	0.08%
	AZO	D	0.08%
	VRSK	D	0.08%
	EG	B	0.08%
	CHTR	D	0.08%
	IP	B	0.08%
	HWM	A	0.08%
	CSGP	F	0.08%
	LUV	C	0.08%
	PH	B	0.08%
	ON	F	0.08%
	ORLY	A	0.08%
	NTRS	C	0.08%
	CFG	D	0.08%
	LH	D	0.08%
	MAA	C	0.08%
	IDXX	D	0.08%
	WBD	D	0.08%
	HOLX	D	0.08%
	NRG	A	0.08%
	ARE	D	0.08%
	ZBRA	C	0.08%
	ESS	C	0.08%
	UAL	B	0.08%
	DAL	B	0.07%
	USFD	C	0.07%
	DLTR	F	0.07%
	GEN	A	0.07%
	MNST	D	0.07%
	TRMB	B	0.07%
	SBAC	B	0.07%
	CAG	B	0.07%
	RVTY	C	0.07%
	KIM	C	0.07%
	KEY	C	0.07%
	NI	A	0.07%
	NXPI	F	0.07%
	NTAP	D	0.07%
	THC	C	0.07%
	SWKS	F	0.07%
	DOC	B	0.07%
	AMCR	A	0.07%
	DELL	D	0.07%
	TXT	D	0.07%
	TECH	B	0.06%
	GRMN	D	0.06%
	TTWO	F	0.06%
	JLL	B	0.06%
	JNPR	C	0.06%
	COO	C	0.06%
	FFIV	C	0.06%
	CPT	C	0.06%
	WAT	B	0.06%
	UDR	C	0.06%
	STX	B	0.06%
	PWR	B	0.06%
	UHS	D	0.06%
	VTRS	D	0.06%
	PCAR	D	0.06%
	WPC	C	0.06%
	COHR	B	0.06%
	BG	D	0.06%
	EVRG	B	0.06%
	L	D	0.06%
	AVTR	D	0.05%
	PODD	C	0.05%
	AA	C	0.05%
	ARMK	B	0.05%
	NLY	C	0.05%
	CRL	F	0.05%
	DXCM	F	0.05%
	INCY	B	0.05%
	LKQ	F	0.05%
	BJ	D	0.05%
	CTLT	B	0.05%
	TPR	B	0.05%
	MLM	D	0.05%
	REG	B	0.05%
	TFX	B	0.05%
	IPG	C	0.05%
	BXP	C	0.05%
	KMX	D	0.05%
	ANSS	D	0.05%
	PFGC	B	0.05%
	IVZ	C	0.04%
	BERY	C	0.04%
	FYBR	C	0.04%
	GLPI	B	0.04%
	WBS	D	0.04%
	ROL	B	0.04%
	X	F	0.04%
	GMED	D	0.04%
	MOH	D	0.04%
	FLR	D	0.04%
	ALGN	D	0.04%
	OGE	A	0.04%
	FMC	B	0.04%
	AKAM	D	0.04%
	MHK	B	0.04%
	VRSN	C	0.04%
	BWA	C	0.04%
	FHN	D	0.04%
	AR	C	0.04%
	FRT	B	0.04%
	MOS	F	0.04%
	GME	D	0.04%
	UTHR	B	0.04%
	KNX	C	0.04%
	GPK	B	0.04%
	PTC	D	0.04%
	IR	B	0.04%
	SNX	C	0.04%
	CHK	C	0.04%
	SOLV	D	0.04%
	HSIC	C	0.04%
	HAS	A	0.04%
	DRI	C	0.04%
	FOXA	A	0.04%
	ALLY	F	0.04%
	SF	A	0.04%
	QRVO	F	0.04%
	MTCH	C	0.04%
	ENPH	D	0.04%
	CPB	D	0.04%
	JEF	B	0.04%
	PNW	A	0.04%
	CNH	C	0.04%
	NWSA	D	0.04%
	TAP	D	0.04%
	SRCL	B	0.03%
	NNN	A	0.03%
	KRG	C	0.03%
	PVH	F	0.03%
	DKS	D	0.03%
	WHR	C	0.03%
	BMRN	F	0.03%
	VMI	B	0.03%
	DAR	F	0.03%
	CCK	A	0.03%
	ONB	D	0.03%
	CTRA	D	0.03%
	CLF	D	0.03%
	IBKR	A	0.03%
	OHI	C	0.03%
	SNV	D	0.03%
	SFM	A	0.03%
	BIO	B	0.03%
	CMC	C	0.03%
	JBL	D	0.03%
	G	A	0.03%
	NOV	F	0.03%
	PARA	F	0.03%
	WBA	F	0.03%
	BEN	F	0.03%
	VNO	B	0.03%
	LEA	F	0.03%
	ULTA	D	0.03%
	STWD	C	0.03%
	HR	C	0.03%
	FBIN	B	0.03%
	BURL	D	0.03%
	REXR	D	0.03%
	EPAM	F	0.03%
	XPO	F	0.03%
	CACI	A	0.03%
	MRO	D	0.03%
	ESNT	C	0.03%
	LVS	B	0.03%
	ARW	C	0.03%
	CF	A	0.03%
	TMHC	B	0.03%
	BBWI	F	0.03%
	DINO	F	0.03%
	ACM	B	0.03%
	ADC	B	0.03%
	MTZ	C	0.03%
	AAL	D	0.03%
	WCC	C	0.03%
	GBCI	D	0.02%
	EHC	B	0.02%
	EWBC	D	0.02%
	AMG	C	0.02%
	CUBE	C	0.02%
	CIEN	B	0.02%
	CCL	C	0.02%
	UGI	C	0.02%
	KD	F	0.02%
	XRAY	D	0.02%
	POST	B	0.02%
	COLB	C	0.02%
	MDU	C	0.02%
	ST	F	0.02%
	NVST	D	0.02%
	DVA	B	0.02%
	NYCB	D	0.02%
	NWE	A	0.02%
	RL	B	0.02%
	OLN	D	0.02%
	AMKR	F	0.02%
	EGP	D	0.02%
	STAG	D	0.02%
	FLS	B	0.02%
	ALE	A	0.02%
	GNRC	B	0.02%
	MAT	C	0.02%
	CZR	C	0.02%
	BRBR	B	0.02%
	KMPR	D	0.02%
	MIDD	D	0.02%
	MKSI	F	0.02%
	CNM	F	0.02%
	FR	C	0.02%
	CGNX	F	0.02%
	VLY	C	0.02%
	PNM	B	0.02%
	SR	A	0.02%
	JAZZ	F	0.02%
	AYI	A	0.02%
	MTG	B	0.02%
	OGS	A	0.02%
	ORA	B	0.02%
	KRC	C	0.02%
	ASGN	D	0.02%
	DAY	C	0.02%
	SBRA	C	0.02%
	KEX	C	0.02%
	LITE	C	0.02%
	M	F	0.02%
	BKH	B	0.02%
	CW	A	0.02%
	PNFP	D	0.02%
	CUZ	C	0.02%
	SWX	C	0.02%
	IRT	C	0.02%
	WAL	C	0.02%
	VOYA	A	0.02%
	BRX	B	0.02%
	KBR	D	0.02%
	PAYC	D	0.02%
	HOG	C	0.02%
	SAIC	B	0.02%
	ELS	D	0.02%
	TKO	C	0.02%
	CG	C	0.02%
	UBSI	D	0.02%
	GAP	F	0.02%
	AN	B	0.02%
	BDC	B	0.02%
	AMH	D	0.02%
	JHG	C	0.02%
	LAMR	C	0.02%
	FNB	D	0.02%
	POR	B	0.02%
	NXST	D	0.02%
	HST	D	0.02%
	FOX	A	0.02%
	ALTM	D	0.01%
	IPGP	D	0.01%
	YETI	D	0.01%
	BLKB	C	0.01%
	WEN	C	0.01%
	PSN	A	0.01%
	EPR	C	0.01%
	SAM	D	0.01%
	KNF	C	0.01%
	VC	F	0.01%
	COLM	B	0.01%
	MMS	A	0.01%
	TEX	F	0.01%
	GEF	C	0.01%
	HAE	D	0.01%
	NSA	C	0.01%
	VNOM	B	0.01%
	CHH	C	0.01%
	UAA	B	0.01%
	PPC	A	0.01%
	LIVN	D	0.01%
	SYNA	F	0.01%
	AMED	D	0.01%
	MSM	D	0.01%
	EQH	C	0.01%
	IRDM	C	0.01%
	ROIV	D	0.01%
	DLB	D	0.01%
	CHX	F	0.01%
	EEFT	F	0.01%
	HWC	D	0.01%
	CDP	A	0.01%
	LSTR	D	0.01%
	ZI	D	0.01%
	AM	A	0.01%
	JWN	D	0.01%
	VSH	F	0.01%
	SMG	B	0.01%
	RCM	B	0.01%
	MASI	C	0.01%
	WH	C	0.01%
	GXO	D	0.01%
	SRPT	F	0.01%
	ENS	C	0.01%
	MTN	D	0.01%
	CPRI	C	0.01%
	LPX	A	0.01%
	CNXC	F	0.01%
	CRI	D	0.01%
	ENOV	F	0.01%
	MTSI	C	0.01%
	ALGM	F	0.01%
	GT	F	0.01%
	OPCH	D	0.01%
	VAC	D	0.01%
	GNTX	F	0.01%
	NOVT	D	0.01%
	HXL	F	0.01%
	DOCS	B	0.01%
	BHF	F	0.01%
	RYN	C	0.01%
	EXLS	B	0.01%
	CVLT	C	0.01%
	MUR	F	0.01%
	DTM	A	0.01%
	CRUS	D	0.01%
	ALV	F	0.01%
	CXT	F	0.01%
	RH	C	0.01%
	SLM	C	0.01%
	MGM	D	0.01%
	FHI	C	0.01%
	WU	D	0.01%
	CC	D	0.01%
	AZPN	C	0.01%
	KBH	C	0.01%
	PBF	F	0.01%
	BRKR	D	0.01%
	PAG	D	0.01%
	NWS	D	0.01%
	ASB	F	0.01%
	NEOG	D	0.01%
	PCH	C	0.01%
	LW	D	0.01%
	CYTK	F	0.01%
	TCBI	C	0.01%
	HQY	B	0.01%
	AZTA	F	0.0%
	WMG	D	0.0%
	TNL	B	0.0%
	HGV	F	0.0%
	UA	B	0.0%

IUSV Underweight 115 Positions Relative to VIG

	Symbol	Grade	Weight
	AAPL	C	-4.57%
	AVGO	C	-3.82%
	MSFT	C	-3.73%
	ORCL	C	-1.21%
	INTU	F	-0.95%
	KLAC	D	-0.6%
	DHI	B	-0.3%
	WST	D	-0.12%
	CSL	A	-0.11%
	BAH	A	-0.11%
	LII	C	-0.1%
	RBA	D	-0.09%
	WSO	B	-0.09%
	RS	D	-0.09%
	WSM	C	-0.09%
	GGG	B	-0.08%
	HEI	C	-0.08%
	FIX	B	-0.07%
	CE	D	-0.07%
	CASY	D	-0.07%
	HEI	C	-0.06%
	LECO	F	-0.06%
	ITT	B	-0.06%
	ENSG	D	-0.05%
	PRI	A	-0.05%
	CHDN	D	-0.05%
	DOX	B	-0.05%
	RHI	D	-0.04%
	MSA	D	-0.04%
	UFPI	B	-0.04%
	SSD	C	-0.04%
	AIT	A	-0.04%
	MORN	C	-0.04%
	FUL	F	-0.03%
	WLK	B	-0.03%
	MATX	B	-0.03%
	AL	D	-0.03%
	WTS	B	-0.03%
	BCPC	C	-0.03%
	BMI	A	-0.03%
	AXS	A	-0.03%
	INDB	D	-0.02%
	BOKF	D	-0.02%
	IOSP	F	-0.02%
	AWR	B	-0.02%
	MGEE	A	-0.02%
	CWT	D	-0.02%
	CBU	D	-0.02%
	BRC	C	-0.02%
	WSFS	D	-0.02%
	OTTR	F	-0.02%
	AUB	D	-0.02%
	WDFC	C	-0.02%
	ABM	D	-0.02%
	KAI	C	-0.02%
	FELE	B	-0.02%
	AGO	D	-0.02%
	GRC	B	-0.01%
	AMSF	B	-0.01%
	SRCE	D	-0.01%
	WS	D	-0.01%
	MSEX	C	-0.01%
	GABC	D	-0.01%
	DDS	D	-0.01%
	LNN	B	-0.01%
	WABC	F	-0.01%
	CSGS	C	-0.01%
	WOR	F	-0.01%
	HMN	C	-0.01%
	APOG	B	-0.01%
	BANF	D	-0.01%
	TCBK	D	-0.01%
	CABO	F	-0.01%
	ANDE	D	-0.01%
	SYBT	C	-0.01%
	SCL	D	-0.01%
	SJW	D	-0.01%
	LKFN	D	-0.01%
	CHCO	D	-0.01%
	LMAT	B	-0.01%
	TNC	F	-0.01%
	NHC	D	-0.01%
	AGM	F	-0.01%
	WLY	A	-0.01%
	SXI	B	-0.01%
	HI	F	-0.01%
	NBTB	D	-0.01%
	FRME	D	-0.01%
	TOWN	D	-0.01%
	KWR	D	-0.01%
	CNS	C	-0.01%
	HWKN	A	-0.01%
	MTRN	F	-0.01%
	HNI	B	-0.01%
	CPK	B	-0.01%
	JJSF	A	-0.01%
	GFF	B	-0.01%
	MGRC	D	-0.01%
	JOUT	F	-0.0%
	ARTNA	D	-0.0%
	HVT	F	-0.0%
	HIFS	D	-0.0%
	GSBC	D	-0.0%
	CASS	D	-0.0%
	TR	D	-0.0%
	YORW	D	-0.0%
	SMBC	D	-0.0%
	HY	F	-0.0%
	SPTN	B	-0.0%
	FCBC	D	-0.0%
	SCVL	C	-0.0%
	MATW	F	-0.0%
	MNRO	C	-0.0%
	FMBH	D	-0.0%
	EMBC	D	-0.0%

IUSV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Packaged Foods Semiconductors Packaging & Containers Specialty Chemicals Capital Markets Medical Instruments & Supplies Software - Application Biotechnology Insurance - Property & Casualty Oil & Gas E&P Specialty Retail Information Technology Services Medical Devices REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Real Estate Investment Trust Banking Electricity Chemical Electronics Aerospace Mining Medicine Telecommunications Computing Dow Jones Component Insurance Products Semiconductor Beverage Plastic

VIG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Specialty Chemicals Business Services Insurance - Property & Casualty Utilities - Regulated Water Capital Markets Insurance - Life Packaged Foods Asset Management Semiconductors Tools & Accessories Utilities - Regulated Electric Aerospace & Defense Insurance Brokers Medical Instruments & Supplies Steel Building Materials Chemicals Credit Services

Keywords: S&P 500 Bank Insurance Banking Chemical Electronics Nasdaq 100 Mining Insurance Products Dow Jones Component Natural Gas Plastic Aerospace Beverage Commercial Banking Disability Deposit Products Oil And Gas Adhesives Electricity