VB vs. FHLC ETF Comparison

Comparison of Vanguard Small-Cap ETF (VB) to Fidelity MSCI Health Care Index ETF (FHLC)

VB

Vanguard Small-Cap ETF

VB Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. 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

$222.23

Average Daily Volume

637,165

Number of Holdings ^*

1309

* may have additional holdings in another (foreign) market

FHLC

Fidelity MSCI Health Care Index ETF

FHLC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.50

Average Daily Volume

169,042

Number of Holdings ^*

327

* may have additional holdings in another (foreign) market

Performance

Period	VB	FHLC
30 Days	3.27%	5.35%
60 Days	2.35%	6.54%
90 Days	2.37%	5.69%
12 Months	14.78%	17.65%

162 Overlapping Holdings

Symbol	Grade	Weight in VB	Weight in FHLC	Overlap
ACAD	F	0.04%	0.03%	0.03%
ACHC	B	0.1%	0.11%	0.1%
AGIO	C	0.04%	0.03%	0.03%
AGL	F	0.04%	0.02%	0.02%
AHCO	A	0.02%	0.01%	0.01%
ALHC	A	0.01%	0.01%	0.01%
ALKS	B	0.08%	0.07%	0.07%
AMED	B	0.05%	0.05%	0.05%
AMN	F	0.04%	0.03%	0.03%
AMRX	A	0.02%	0.02%	0.02%
ANAB	B	0.01%	0.01%	0.01%
APLS	C	0.07%	0.05%	0.05%
ARVN	F	0.03%	0.02%	0.02%
ARWR	F	0.06%	0.05%	0.05%
ASTH	B	0.04%	0.03%	0.03%
ATRC	C	0.02%	0.02%	0.02%
AVNS	B	0.02%	0.02%	0.02%
AXNX	A	0.06%	0.05%	0.05%
AXSM	A	0.06%	0.04%	0.04%
AZTA	F	0.05%	0.04%	0.04%
BBIO	B	0.06%	0.04%	0.04%
BCRX	B	0.01%	0.02%	0.01%
BEAM	F	0.04%	0.03%	0.03%
BIO	A	0.11%	0.1%	0.1%
BKD	D	0.02%	0.02%	0.02%
BPMC	F	0.11%	0.08%	0.08%
BRKR	C	0.12%	0.09%	0.09%
CERT	F	0.03%	0.02%	0.02%
CGON	A	0.01%	0.01%	0.01%
CHE	C	0.14%	0.13%	0.13%
CNMD	C	0.04%	0.03%	0.03%
CORT	B	0.05%	0.05%	0.05%
CRL	F	0.21%	0.15%	0.15%
CRVL	B	0.05%	0.04%	0.04%
CTKB	F	0.01%	0.01%	0.01%
CTLT	A	0.17%	0.16%	0.16%
CYTK	F	0.11%	0.08%	0.08%
DAWN	D	0.01%	0.01%	0.01%
DH	F	0.0%	0.0%	0.0%
DNLI	A	0.04%	0.04%	0.04%
DOCS	B	0.05%	0.06%	0.05%
DVA	B	0.11%	0.12%	0.11%
EDIT	F	0.0%	0.0%	0.0%
EHC	B	0.16%	0.14%	0.14%
ELAN	B	0.11%	0.11%	0.11%
EMBC	B	0.02%	0.01%	0.01%
ENOV	D	0.04%	0.04%	0.04%
ENSG	B	0.13%	0.13%	0.13%
EVH	B	0.04%	0.05%	0.04%
EXAS	B	0.14%	0.17%	0.14%
EXEL	B	0.11%	0.1%	0.1%
FOLD	A	0.05%	0.04%	0.04%
FTRE	F	0.04%	0.03%	0.03%
GDRX	C	0.01%	0.01%	0.01%
GH	F	0.07%	0.05%	0.05%
GKOS	B	0.09%	0.1%	0.09%
GMED	C	0.14%	0.12%	0.12%
HAE	F	0.08%	0.06%	0.06%
HALO	B	0.12%	0.12%	0.12%
HIMS	F	0.05%	0.03%	0.03%
HQY	D	0.11%	0.1%	0.1%
HRMY	B	0.02%	0.02%	0.02%
HSIC	C	0.15%	0.14%	0.14%
HSTM	C	0.01%	0.01%	0.01%
IART	F	0.03%	0.02%	0.02%
ICUI	B	0.05%	0.05%	0.05%
IMVT	B	0.03%	0.02%	0.02%
INSM	C	0.2%	0.16%	0.16%
INSP	A	0.07%	0.08%	0.07%
INVA	B	0.02%	0.02%	0.02%
IONS	D	0.11%	0.1%	0.1%
IOVA	C	0.04%	0.03%	0.03%
IRTC	F	0.04%	0.03%	0.03%
IRWD	F	0.02%	0.01%	0.01%
ITCI	C	0.13%	0.1%	0.1%
ITGR	A	0.07%	0.06%	0.06%
JAZZ	D	0.11%	0.1%	0.1%
KRYS	D	0.09%	0.06%	0.06%
KYMR	B	0.04%	0.03%	0.03%
LFST	A	0.01%	0.01%	0.01%
LGND	B	0.03%	0.03%	0.03%
LNTH	C	0.12%	0.11%	0.11%
LYEL	F	0.0%	0.0%	0.0%
MASI	D	0.09%	0.08%	0.08%
MD	B	0.01%	0.01%	0.01%
MDGL	D	0.09%	0.05%	0.05%
MEDP	D	0.16%	0.15%	0.15%
MMSI	A	0.08%	0.08%	0.08%
MRVI	A	0.02%	0.02%	0.02%
MYGN	B	0.04%	0.04%	0.04%
NARI	D	0.04%	0.03%	0.03%
NBIX	D	0.24%	0.19%	0.19%
NEO	B	0.04%	0.03%	0.03%
NEOG	D	0.06%	0.05%	0.05%
NHC	B	0.03%	0.03%	0.03%
NTLA	F	0.04%	0.03%	0.03%
NTRA	B	0.2%	0.21%	0.2%
NUVL	A	0.05%	0.04%	0.04%
NVAX	D	0.03%	0.02%	0.02%
NVCR	D	0.04%	0.03%	0.03%
NVST	C	0.05%	0.05%	0.05%
OGN	C	0.09%	0.09%	0.09%
OMCL	A	0.02%	0.03%	0.02%
OMI	C	0.02%	0.02%	0.02%
OPCH	A	0.09%	0.08%	0.08%
OPK	B	0.01%	0.01%	0.01%
PACB	F	0.0%	0.0%	0.0%
PBH	A	0.06%	0.06%	0.06%
PCRX	F	0.02%	0.01%	0.01%
PCVX	A	0.13%	0.11%	0.11%
PDCO	F	0.03%	0.03%	0.03%
PEN	C	0.1%	0.11%	0.1%
PGNY	D	0.04%	0.03%	0.03%
PHR	B	0.01%	0.02%	0.01%
PINC	A	0.04%	0.04%	0.04%
PODD	A	0.11%	0.22%	0.11%
PRCT	B	0.05%	0.06%	0.05%
PRGO	C	0.06%	0.06%	0.06%
PRVA	D	0.04%	0.03%	0.03%
PTCT	C	0.04%	0.04%	0.04%
RARE	B	0.06%	0.06%	0.06%
RCKT	F	0.01%	0.02%	0.01%
RCM	B	0.03%	0.04%	0.03%
RCUS	C	0.01%	0.01%	0.01%
RDNT	B	0.03%	0.06%	0.03%
RGEN	C	0.15%	0.12%	0.12%
RGNX	F	0.01%	0.01%	0.01%
RLAY	F	0.02%	0.01%	0.01%
RVMD	D	0.11%	0.07%	0.07%
RXRX	F	0.03%	0.02%	0.02%
SAGE	F	0.01%	0.01%	0.01%
SANA	D	0.01%	0.01%	0.01%
SDGR	F	0.02%	0.02%	0.02%
SEM	D	0.07%	0.06%	0.06%
SGRY	B	0.04%	0.03%	0.03%
SHC	A	0.03%	0.03%	0.03%
SILK	B	0.01%	0.02%	0.01%
SOLV	B	0.14%	0.13%	0.13%
SRPT	D	0.21%	0.18%	0.18%
STAA	F	0.03%	0.02%	0.02%
SUPN	B	0.03%	0.03%	0.03%
SWTX	C	0.04%	0.03%	0.03%
TDOC	F	0.03%	0.02%	0.02%
TECH	D	0.21%	0.17%	0.17%
TFX	A	0.17%	0.17%	0.17%
TGTX	B	0.05%	0.05%	0.05%
THC	B	0.24%	0.22%	0.22%
TMCI	F	0.0%	0.0%	0.0%
TMDX	C	0.04%	0.08%	0.04%
TNDM	B	0.04%	0.04%	0.04%
TWST	F	0.05%	0.04%	0.04%
TXG	D	0.03%	0.03%	0.03%
UHS	B	0.2%	0.22%	0.2%
UTHR	B	0.23%	0.24%	0.23%
VCYT	B	0.03%	0.04%	0.03%
VERV	F	0.0%	0.01%	0.0%
VIR	F	0.02%	0.01%	0.01%
VKTX	C	0.1%	0.09%	0.09%
VREX	F	0.01%	0.01%	0.01%
XNCR	F	0.02%	0.01%	0.01%
XRAY	D	0.09%	0.08%	0.08%
ZNTL	F	0.0%	0.0%	0.0%

VB Overweight 1147 Positions Relative to FHLC

Symbol	Grade	Weight
TRGP	A	0.5%
SW	D	0.39%
DECK	C	0.39%
FCNCA	C	0.38%
AXON	B	0.36%
PTC	D	0.34%
BLDR	C	0.34%
WSM	D	0.33%
CSL	C	0.33%
ATO	A	0.32%
PSTG	F	0.31%
BAH	B	0.31%
LII	C	0.31%
ENTG	D	0.3%
RS	D	0.29%
EME	C	0.29%
WSO	D	0.28%
DKNG	D	0.27%
OC	D	0.27%
RPM	A	0.26%
NRG	C	0.26%
MANH	B	0.26%
IEX	D	0.26%
APP	B	0.25%
RGA	B	0.25%
TOL	B	0.25%
BG	D	0.25%
BLD	D	0.25%
EQH	C	0.24%
CASY	C	0.24%
GGG	D	0.24%
PNR	B	0.24%
RBA	B	0.24%
KIM	A	0.24%
WMS	D	0.23%
CVNA	C	0.23%
NDSN	C	0.22%
JBL	F	0.22%
GLPI	A	0.22%
RIVN	F	0.22%
HOOD	D	0.22%
KMX	C	0.22%
USFD	B	0.22%
ALLY	C	0.21%
ACM	B	0.21%
NTNX	A	0.21%
OVV	F	0.21%
DT	A	0.21%
REG	A	0.21%
JKHY	B	0.21%
GWRE	A	0.21%
XPO	D	0.21%
MSTR	F	0.21%
CPT	B	0.2%
FIX	C	0.2%
FFIV	B	0.2%
JLL	B	0.2%
ALLE	B	0.2%
DKS	C	0.2%
NVT	F	0.2%
FTI	D	0.2%
IPG	B	0.2%
EMN	C	0.2%
EWBC	C	0.2%
JNPR	A	0.2%
RNR	A	0.2%
SAIA	D	0.19%
AMH	A	0.19%
ERIE	A	0.19%
CW	B	0.19%
BRO	A	0.19%
DOCU	A	0.19%
TTEK	B	0.19%
QRVO	D	0.19%
ELS	A	0.19%
APA	F	0.19%
CLH	C	0.19%
CG	D	0.19%
ITT	C	0.19%
TXRH	D	0.19%
BJ	D	0.19%
LECO	F	0.19%
LAMR	B	0.18%
HUBB	C	0.18%
COHR	C	0.18%
TOST	D	0.18%
RRX	D	0.18%
CUBE	A	0.18%
CCK	A	0.18%
PFGC	B	0.18%
WING	C	0.18%
HII	B	0.18%
SCI	B	0.18%
CHRW	B	0.17%
STLD	D	0.17%
FND	C	0.17%
TTC	D	0.17%
WTRG	D	0.17%
OLED	D	0.17%
SFM	B	0.17%
REXR	B	0.17%
BXP	A	0.17%
KNSL	B	0.17%
MTCH	B	0.17%
CHRD	F	0.17%
EQT	D	0.17%
AOS	D	0.17%
CNM	F	0.17%
CACI	B	0.17%
AFG	A	0.16%
APG	D	0.16%
TAP	C	0.16%
ESTC	F	0.16%
MUSA	B	0.16%
ONTO	D	0.16%
GNRC	C	0.16%
CHDN	D	0.16%
WWD	D	0.16%
CHK	F	0.16%
OWL	D	0.16%
MOS	F	0.16%
LNW	B	0.16%
PNW	A	0.16%
ATR	A	0.16%
LDOS	B	0.16%
MHK	B	0.15%
DAY	C	0.15%
MORN	C	0.15%
WCC	D	0.15%
KBR	C	0.15%
OHI	A	0.15%
EGP	B	0.15%
DCI	C	0.15%
ARMK	A	0.15%
RGLD	C	0.15%
TREX	F	0.15%
AIZ	B	0.15%
BWXT	C	0.15%
TWLO	D	0.15%
PR	D	0.15%
FHN	C	0.15%
ELF	F	0.15%
TPR	B	0.15%
EXP	B	0.15%
FRT	A	0.15%
GPK	B	0.15%
UNM	B	0.15%
INGR	A	0.14%
CZR	D	0.14%
BBWI	F	0.14%
NOV	F	0.14%
NNN	A	0.14%
FLR	C	0.14%
PAYC	D	0.14%
X	F	0.14%
NYT	C	0.14%
KNX	D	0.14%
DINO	F	0.14%
WAL	B	0.14%
AIT	C	0.14%
ATI	C	0.14%
MKSI	F	0.14%
ORI	B	0.14%
MKTX	A	0.14%
COLD	B	0.14%
RBC	C	0.14%
WBS	D	0.14%
CGNX	D	0.14%
HAS	B	0.14%
GL	B	0.14%
AR	F	0.14%
WFRD	F	0.14%
SKX	B	0.14%
SF	C	0.14%
TPX	D	0.14%
PRI	B	0.14%
JEF	B	0.14%
EVR	B	0.14%
TKO	B	0.13%
ANF	D	0.13%
SSB	B	0.13%
CBSH	B	0.13%
LAD	C	0.13%
ETSY	F	0.13%
CIEN	B	0.13%
ZION	C	0.13%
CELH	F	0.13%
MLI	B	0.13%
BRX	A	0.13%
DOC	B	0.13%
WEX	C	0.13%
UFPI	D	0.13%
AYI	C	0.13%
CROX	C	0.13%
ALSN	B	0.13%
OGE	B	0.13%
TPL	C	0.13%
FCN	C	0.13%
CR	C	0.13%
LBRDK	C	0.13%
SNX	D	0.13%
AXTA	C	0.13%
WYNN	D	0.13%
HLI	B	0.13%
NCLH	D	0.13%
SPSC	D	0.13%
FN	C	0.13%
SEIC	D	0.13%
BWA	D	0.13%
HRB	B	0.13%
SSD	D	0.13%
MTDR	F	0.12%
MTN	C	0.12%
LEA	F	0.12%
ADC	A	0.12%
CMC	D	0.12%
AAL	C	0.12%
BFAM	B	0.12%
CIVI	F	0.12%
CRUS	C	0.12%
MTZ	C	0.12%
MTH	B	0.12%
NI	A	0.12%
MSA	D	0.12%
PNFP	B	0.12%
OSK	D	0.12%
SWN	F	0.12%
BERY	B	0.12%
KEX	D	0.12%
GME	C	0.12%
SOFI	D	0.12%
GNTX	D	0.12%
WTFC	B	0.12%
RRC	F	0.12%
FR	B	0.12%
CMA	B	0.12%
PCOR	F	0.12%
AGNC	A	0.12%
FYBR	A	0.12%
FMC	C	0.12%
LSCC	F	0.12%
MIDD	D	0.12%
CLF	F	0.12%
NSIT	C	0.12%
DTM	B	0.12%
VOYA	B	0.12%
IVZ	C	0.12%
ROKU	C	0.12%
WSC	D	0.12%
BPOP	B	0.12%
STAG	B	0.12%
IOT	A	0.12%
H	C	0.11%
AES	D	0.11%
EVRG	A	0.11%
LPX	B	0.11%
AFRM	B	0.11%
DAR	D	0.11%
PCTY	C	0.11%
ESNT	B	0.11%
SAIC	B	0.11%
ONB	C	0.11%
RHI	D	0.11%
RL	A	0.11%
PLNT	A	0.11%
NOVT	C	0.11%
SNV	C	0.11%
CHX	D	0.11%
IBP	D	0.11%
BECN	D	0.11%
RLI	B	0.11%
AZEK	D	0.11%
ARW	B	0.11%
UDR	B	0.11%
PB	B	0.11%
TRNO	B	0.11%
LFUS	C	0.11%
MTG	B	0.11%
SITE	C	0.11%
CVLT	B	0.11%
MAT	C	0.11%
FLS	C	0.11%
GXO	D	0.11%
BRBR	A	0.11%
JXN	C	0.11%
TMHC	B	0.11%
CFR	C	0.11%
LSTR	D	0.11%
POOL	C	0.11%
ACI	D	0.11%
CRS	B	0.11%
GTLS	F	0.11%
GAP	F	0.1%
RHP	D	0.1%
AWI	C	0.1%
Z	B	0.1%
BCPC	C	0.1%
COKE	B	0.1%
NXST	D	0.1%
AXS	B	0.1%
PVH	F	0.1%
MTSI	D	0.1%
AAON	C	0.1%
ESAB	D	0.1%
R	C	0.1%
VRNS	C	0.1%
MOD	C	0.1%
RYAN	B	0.1%
ESI	D	0.1%
ST	D	0.1%
FRPT	B	0.1%
AMG	C	0.1%
CWST	C	0.1%
EPAM	C	0.1%
AA	F	0.1%
VFC	B	0.1%
SJM	A	0.1%
FAF	A	0.1%
STWD	C	0.1%
AGCO	F	0.1%
OLLI	D	0.1%
VVV	D	0.1%
MUR	F	0.1%
CADE	C	0.1%
VMI	C	0.1%
DUOL	B	0.1%
VNT	F	0.1%
BMI	C	0.1%
PARA	F	0.1%
WH	A	0.1%
FSS	D	0.1%
AN	C	0.1%
HST	D	0.1%
KD	D	0.1%
UHAL	B	0.1%
S	D	0.1%
G	B	0.1%
OMF	D	0.1%
SMAR	A	0.1%
MARA	F	0.09%
HOMB	B	0.09%
VNO	B	0.09%
EPRT	A	0.09%
CFLT	F	0.09%
QLYS	F	0.09%
AL	D	0.09%
UBSI	B	0.09%
SON	A	0.09%
POST	B	0.09%
SM	D	0.09%
OZK	D	0.09%
UGI	C	0.09%
EXPO	B	0.09%
THO	C	0.09%
NFG	B	0.09%
KRG	B	0.09%
ABG	D	0.09%
SRCL	A	0.09%
EXLS	B	0.09%
OLN	F	0.09%
TENB	D	0.09%
COLB	B	0.09%
SIGI	D	0.09%
MDU	D	0.09%
HXL	F	0.09%
BC	D	0.09%
TKR	D	0.09%
FNB	C	0.09%
COOP	B	0.09%
LKQ	D	0.09%
SEE	D	0.09%
CBT	B	0.09%
RMBS	F	0.09%
KBH	B	0.09%
HLNE	B	0.09%
WHR	D	0.09%
RDN	B	0.09%
BCC	C	0.09%
MOG.A	C	0.09%
MMS	C	0.09%
LNC	C	0.09%
GTLB	C	0.09%
WTS	D	0.09%
DBX	D	0.09%
KNF	C	0.08%
RYN	B	0.08%
ACA	D	0.08%
HOG	B	0.08%
ACIW	B	0.08%
PIPR	B	0.08%
NJR	A	0.08%
ASH	D	0.08%
LOPE	D	0.08%
BCO	B	0.08%
FFIN	B	0.08%
MGY	D	0.08%
FUL	C	0.08%
TDW	F	0.08%
GPI	B	0.08%
DLB	F	0.08%
HWC	C	0.08%
ITRI	D	0.08%
ALK	D	0.08%
VRRM	D	0.08%
M	F	0.08%
JHG	B	0.08%
MC	B	0.08%
VAL	F	0.08%
AM	C	0.08%
AVT	C	0.08%
POR	B	0.08%
HCP	B	0.08%
ATKR	F	0.08%
IDA	A	0.08%
GATX	C	0.08%
W	F	0.08%
SLM	D	0.08%
AVAV	B	0.08%
ALTR	D	0.08%
PATH	D	0.08%
BILL	C	0.08%
CSWI	C	0.08%
SWX	D	0.08%
GBCI	B	0.08%
DY	D	0.08%
SUM	D	0.08%
AEO	D	0.07%
CPRI	C	0.07%
KTB	B	0.07%
KMPR	C	0.07%
NOG	D	0.07%
HUN	D	0.07%
SFBS	B	0.07%
OGS	B	0.07%
ESGR	D	0.07%
CNXC	C	0.07%
SANM	D	0.07%
UMBF	B	0.07%
ASO	C	0.07%
ABCB	B	0.07%
MSM	D	0.07%
TPG	B	0.07%
WU	C	0.07%
TEX	D	0.07%
NEU	D	0.07%
BYD	B	0.07%
LYFT	F	0.07%
OTTR	D	0.07%
BOOT	B	0.07%
BKH	A	0.07%
TPH	B	0.07%
BLKB	B	0.07%
PBF	F	0.07%
ACLS	F	0.07%
SLGN	B	0.07%
AVNT	B	0.07%
ASGN	D	0.07%
FORM	F	0.07%
POWI	F	0.07%
WHD	C	0.07%
FELE	D	0.07%
CUZ	A	0.07%
IRT	B	0.07%
HRI	D	0.07%
SPR	D	0.07%
SKY	B	0.07%
RH	F	0.07%
AGO	D	0.07%
FOUR	B	0.07%
RIG	F	0.07%
FLO	A	0.07%
PECO	A	0.07%
MATX	C	0.07%
LW	D	0.07%
KRC	B	0.07%
WTM	B	0.07%
AEIS	D	0.07%
PSN	B	0.07%
SLG	B	0.07%
ENS	D	0.07%
PTEN	F	0.07%
EEFT	D	0.07%
THG	A	0.07%
APPF	D	0.07%
ORA	C	0.07%
PII	D	0.07%
U	D	0.07%
ZWS	D	0.07%
SHAK	C	0.06%
CBZ	D	0.06%
SXT	C	0.06%
GT	F	0.06%
FROG	F	0.06%
SMG	C	0.06%
BGC	B	0.06%
ALRM	F	0.06%
SR	B	0.06%
CHH	C	0.06%
NWL	A	0.06%
FBP	B	0.06%
WSFS	C	0.06%
EPR	B	0.06%
WD	B	0.06%
DIOD	F	0.06%
HL	C	0.06%
SYNA	F	0.06%
ZETA	B	0.06%
MAC	B	0.06%
COTY	F	0.06%
IIPR	B	0.06%
PAG	C	0.06%
LITE	C	0.06%
PLXS	B	0.06%
CRC	D	0.06%
ABM	C	0.06%
FULT	C	0.06%
YETI	D	0.06%
PCH	C	0.06%
AX	C	0.06%
BROS	D	0.06%
PI	C	0.06%
WDFC	A	0.06%
SIG	F	0.06%
WK	D	0.06%
NPO	D	0.06%
CNO	B	0.06%
HP	F	0.06%
CC	F	0.06%
ZI	F	0.06%
DNB	B	0.06%
AMKR	F	0.06%
HCC	F	0.06%
LBRT	D	0.06%
ZG	B	0.06%
CRDO	C	0.06%
DXC	A	0.06%
VLY	C	0.06%
SLAB	D	0.06%
MAN	D	0.06%
NSP	F	0.06%
UCBI	B	0.06%
RUN	B	0.06%
MSGS	B	0.06%
AUB	B	0.06%
ALE	A	0.06%
LANC	D	0.06%
RXO	D	0.06%
HASI	B	0.06%
PNM	A	0.06%
SBRA	A	0.06%
BDC	B	0.06%
IBOC	C	0.06%
AAP	F	0.06%
FIVE	F	0.06%
IAC	C	0.06%
CTRE	A	0.06%
GMS	D	0.06%
KFY	C	0.06%
QTWO	B	0.06%
CNX	B	0.06%
GTES	C	0.06%
BOX	A	0.06%
TGNA	D	0.05%
TRN	C	0.05%
BOH	B	0.05%
RNG	D	0.05%
HUBG	B	0.05%
FL	D	0.05%
FHI	B	0.05%
CACC	F	0.05%
ATGE	C	0.05%
ARCB	F	0.05%
FIBK	B	0.05%
LCII	B	0.05%
CALM	B	0.05%
WLK	D	0.05%
CWK	B	0.05%
AI	F	0.05%
NSA	A	0.05%
PJT	C	0.05%
BKU	B	0.05%
PRIM	C	0.05%
LXP	B	0.05%
MPW	C	0.05%
RRR	C	0.05%
WAFD	B	0.05%
DV	F	0.05%
SITC	D	0.05%
AIN	D	0.05%
UNF	C	0.05%
APAM	D	0.05%
BXMT	C	0.05%
WEN	C	0.05%
GNW	B	0.05%
PEGA	B	0.05%
STEP	B	0.05%
EAT	B	0.05%
BRC	B	0.05%
ADTN	F	0.05%
URBN	D	0.05%
PK	D	0.05%
GVA	B	0.05%
VSH	F	0.05%
PENN	F	0.05%
OII	C	0.05%
SMPL	D	0.05%
CACC	F	0.05%
SKYW	D	0.05%
AVA	B	0.05%
CATY	B	0.05%
FTDR	B	0.05%
AWR	B	0.05%
ENV	B	0.05%
CWT	B	0.05%
AUR	B	0.05%
TCBI	A	0.05%
NHI	A	0.05%
CWAN	B	0.05%
IDCC	B	0.05%
BHF	D	0.05%
HI	F	0.05%
CCOI	A	0.05%
TNL	D	0.05%
LRN	B	0.05%
ALIT	D	0.05%
JBT	F	0.05%
TDC	F	0.05%
HGV	D	0.05%
IRDM	D	0.05%
REZI	D	0.05%
SKT	A	0.05%
SHOO	C	0.05%
TNET	F	0.05%
ESE	C	0.05%
MGEE	B	0.05%
VC	F	0.05%
LUMN	B	0.05%
FHB	C	0.05%
OSCR	B	0.05%
GFF	D	0.05%
KTOS	C	0.05%
MWA	C	0.05%
APLE	F	0.05%
EBC	B	0.05%
RUSHA	C	0.05%
LCID	B	0.05%
CBU	B	0.05%
AMR	F	0.05%
IOSP	D	0.05%
CERE	A	0.05%
BNL	B	0.05%
HIW	B	0.05%
AROC	D	0.05%
ASB	C	0.05%
FIVN	F	0.05%
NWE	A	0.05%
SHO	D	0.04%
VRNT	F	0.04%
FLYW	D	0.04%
OFG	B	0.04%
QS	F	0.04%
ABR	B	0.04%
AIR	D	0.04%
COMP	B	0.04%
TOWN	B	0.04%
EPAC	C	0.04%
VERX	C	0.04%
NBTB	B	0.04%
IPGP	F	0.04%
CWEN	B	0.04%
ENR	B	0.04%
ZD	F	0.04%
EVTC	D	0.04%
SXI	C	0.04%
MLKN	D	0.04%
AKR	B	0.04%
HHH	B	0.04%
PSMT	B	0.04%
JWN	A	0.04%
FOXF	F	0.04%
AZZ	C	0.04%
MODG	F	0.04%
ACVA	B	0.04%
KSS	F	0.04%
ROG	F	0.04%
OUT	B	0.04%
VSAT	D	0.04%
LAUR	C	0.04%
PFS	B	0.04%
CALX	D	0.04%
VIRT	A	0.04%
LGIH	C	0.04%
NATL	D	0.04%
BOKF	B	0.04%
CDE	D	0.04%
YELP	F	0.04%
JOBY	F	0.04%
STRA	D	0.04%
JOE	C	0.04%
SPB	B	0.04%
VECO	F	0.04%
WERN	D	0.04%
FRME	C	0.04%
ALGM	F	0.04%
WOLF	F	0.04%
MQ	F	0.04%
CNS	B	0.04%
SATS	A	0.04%
OSIS	C	0.04%
UE	B	0.04%
GHC	C	0.04%
BRZE	F	0.04%
SITM	C	0.04%
KWR	D	0.04%
RPD	F	0.04%
DBRG	F	0.04%
HNI	B	0.04%
IPAR	D	0.04%
LSXMK	C	0.04%
FFBC	B	0.04%
SGBX	F	0.04%
MTRN	D	0.04%
PFSI	A	0.04%
PRGS	B	0.04%
MTX	D	0.04%
CVBF	D	0.04%
ARCH	F	0.04%
SFNC	B	0.04%
PRK	B	0.04%
SQSP	A	0.04%
INDB	B	0.04%
CNK	A	0.04%
PPBI	C	0.04%
BE	F	0.04%
FRSH	F	0.04%
NCNO	D	0.04%
BL	D	0.04%
CHWY	B	0.04%
RIOT	F	0.04%
PRFT	A	0.04%
BTU	D	0.04%
COLM	B	0.04%
DORM	B	0.04%
VAC	F	0.04%
DEI	B	0.04%
MGRC	D	0.04%
WOR	F	0.03%
JBGS	B	0.03%
HTH	C	0.03%
HOPE	B	0.03%
GBX	D	0.03%
ARRY	F	0.03%
APOG	C	0.03%
NWN	B	0.03%
HLIO	F	0.03%
INFA	F	0.03%
VRTS	D	0.03%
ARI	C	0.03%
LTC	A	0.03%
KN	D	0.03%
OXM	F	0.03%
AMC	D	0.03%
NBHC	B	0.03%
RDDT	D	0.03%
STBA	B	0.03%
KNTK	A	0.03%
CAR	F	0.03%
HEES	F	0.03%
CVCO	B	0.03%
BHE	C	0.03%
DNOW	D	0.03%
DRH	D	0.03%
PEB	D	0.03%
MCY	B	0.03%
DAN	F	0.03%
SONO	F	0.03%
NGVT	F	0.03%
NMRK	A	0.03%
MP	C	0.03%
LEG	D	0.03%
RKLB	B	0.03%
GEF	D	0.03%
VSTS	C	0.03%
LEVI	C	0.03%
CHCO	B	0.03%
INTA	B	0.03%
VGR	B	0.03%
CENTA	D	0.03%
THRM	D	0.03%
CRGY	D	0.03%
FCF	B	0.03%
GO	F	0.03%
ANDE	D	0.03%
CAKE	C	0.03%
TRIP	F	0.03%
NWBI	B	0.03%
MRCY	B	0.03%
VIAV	C	0.03%
WSBC	B	0.03%
PDFS	D	0.03%
BLMN	F	0.03%
SCL	D	0.03%
ROIC	B	0.03%
DOCN	B	0.03%
IVT	B	0.03%
NFE	F	0.03%
HE	F	0.03%
PRG	B	0.03%
SPT	F	0.03%
CABO	F	0.03%
EDR	A	0.03%
TTMI	D	0.03%
GEO	D	0.03%
HURN	C	0.03%
LZB	C	0.03%
RAMP	F	0.03%
THS	A	0.03%
TDS	B	0.03%
TROX	F	0.03%
TRMK	B	0.03%
MGNI	D	0.03%
KAR	D	0.03%
SAM	D	0.03%
EPC	C	0.03%
B	D	0.03%
BANF	B	0.03%
ENVX	F	0.03%
JJSF	C	0.03%
WLY	C	0.03%
MIR	D	0.03%
HBI	B	0.03%
YOU	B	0.03%
JBI	F	0.03%
GNL	A	0.03%
PLUG	F	0.03%
BANR	B	0.03%
PHIN	B	0.03%
RNST	C	0.03%
TNC	D	0.03%
SMTC	B	0.03%
AMBA	D	0.03%
GSHD	A	0.03%
KMT	D	0.03%
GOLF	C	0.03%
KAI	D	0.03%
HAYW	B	0.03%
EQC	A	0.03%
JBLU	D	0.03%
IBTX	B	0.03%
CARG	B	0.03%
OI	C	0.03%
UPST	B	0.03%
CRI	C	0.03%
NABL	D	0.02%
PUBM	F	0.02%
MMI	B	0.02%
WNC	F	0.02%
UDMY	F	0.02%
GSAT	C	0.02%
RDFN	B	0.02%
CWH	C	0.02%
SVC	D	0.02%
LMND	D	0.02%
FDP	B	0.02%
RWT	B	0.02%
VICR	D	0.02%
UTZ	A	0.02%
PGRE	C	0.02%
IAS	C	0.02%
MATV	B	0.02%
HTLF	B	0.02%
PYCR	C	0.02%
FSLY	F	0.02%
PRAA	D	0.02%
SNDR	B	0.02%
SIRI	F	0.02%
TRS	D	0.02%
ETWO	D	0.02%
RBRK	D	0.02%
ECVT	F	0.02%
CVI	F	0.02%
ATSG	C	0.02%
COUR	D	0.02%
CBRL	F	0.02%
PRO	F	0.02%
AMRC	B	0.02%
CSR	B	0.02%
FLNC	C	0.02%
GIII	A	0.02%
MXL	F	0.02%
LGF.A	F	0.02%
VSTO	C	0.02%
ACT	A	0.02%
PDM	B	0.02%
CNNE	D	0.02%
DLX	D	0.02%
KW	B	0.02%
PCT	F	0.02%
PLMR	B	0.02%
CEIX	D	0.02%
SHEN	F	0.02%
LBRDA	C	0.02%
NX	D	0.02%
SHLS	F	0.02%
THR	D	0.02%
SSTK	F	0.02%
EXPI	F	0.02%
PBI	C	0.02%
CMTG	F	0.02%
WWW	A	0.02%
ROCK	D	0.02%
CXM	F	0.02%
EYE	F	0.02%
ECPG	C	0.02%
FIZZ	D	0.02%
CLB	F	0.02%
JACK	F	0.02%
AIV	B	0.02%
SCSC	C	0.02%
HLF	F	0.02%
TRUP	B	0.02%
MRC	D	0.02%
SBH	B	0.02%
VCTR	B	0.02%
XRX	D	0.02%
PTON	B	0.02%
BHLB	B	0.02%
PMT	C	0.02%
KALU	F	0.02%
MSGE	B	0.02%
SAFT	B	0.02%
AAT	B	0.02%
PLAY	F	0.02%
EIG	B	0.02%
WMK	B	0.02%
DDS	D	0.02%
SCS	C	0.02%
SABR	F	0.02%
ASAN	F	0.02%
UVV	B	0.02%
INFN	A	0.02%
ZUO	D	0.02%
AESI	B	0.02%
NAVI	C	0.02%
KFRC	D	0.02%
CARS	D	0.02%
UA	B	0.02%
PWSC	A	0.02%
INSW	D	0.02%
BKE	B	0.02%
LC	B	0.02%
CSGS	C	0.02%
UAA	B	0.02%
SPNT	B	0.02%
OPEN	D	0.02%
LADR	B	0.02%
WABC	C	0.02%
NTCT	C	0.02%
VSCO	A	0.02%
LNN	D	0.02%
CMPR	B	0.02%
RLJ	F	0.02%
WS	D	0.02%
HELE	D	0.02%
JAMF	D	0.02%
ESRT	B	0.02%
XHR	D	0.02%
HMN	B	0.02%
ALEX	B	0.02%
JELD	F	0.02%
REVG	C	0.02%
ALKT	C	0.02%
GTY	B	0.02%
APPN	F	0.02%
ODP	F	0.02%
LTH	B	0.02%
UPWK	F	0.02%
DK	F	0.02%
PZZA	C	0.02%
REYN	A	0.02%
PPC	B	0.02%
WRBY	D	0.02%
CODI	D	0.02%
CXW	D	0.02%
ADPT	B	0.01%
FWRD	D	0.01%
EGBN	C	0.01%
HPK	D	0.01%
INN	B	0.01%
EE	D	0.01%
HGTY	B	0.01%
CENT	D	0.01%
PRME	F	0.01%
TWKS	A	0.01%
CRSR	F	0.01%
AMCX	F	0.01%
WRLD	D	0.01%
SWBI	D	0.01%
PAY	C	0.01%
NAPA	F	0.01%
RMR	B	0.01%
MAX	B	0.01%
HTZ	F	0.01%
MLNK	B	0.01%
ATUS	C	0.01%
PX	B	0.01%
GCMG	B	0.01%
PTVE	D	0.01%
CLBK	B	0.01%
NVRI	C	0.01%
IBTA	F	0.01%
BFS	B	0.01%
TILE	B	0.01%
OLO	D	0.01%
CCO	D	0.01%
LESL	F	0.01%
ZIP	C	0.01%
CDNA	B	0.01%
ALX	B	0.01%
TR	A	0.01%
USNA	F	0.01%
INST	D	0.01%
LAZR	F	0.01%
DIN	F	0.01%
NUS	F	0.01%
BIGC	F	0.01%
SRCL	A	0.01%
LASR	F	0.01%
CMP	F	0.01%
KREF	A	0.01%
FOR	D	0.01%
UHAL	B	0.01%
HTLD	D	0.01%
AMBC	F	0.01%
SMMT	B	0.01%
PTLO	C	0.01%
LGF.A	F	0.01%
YEXT	A	0.01%
VMEO	B	0.01%
DNA	F	0.01%
DRQ	F	0.01%
SCHL	D	0.01%
SWI	B	0.01%
NRDS	F	0.01%
IBUY	D	0.01%
CNDT	B	0.01%
TGI	D	0.01%
LPRO	F	0.01%
XMTR	D	0.01%
CAL	B	0.01%
BGS	C	0.01%
PRA	C	0.01%
RSI	D	0.01%
SNCY	D	0.01%
HAIN	B	0.01%
USM	B	0.01%
BJRI	D	0.01%
GES	F	0.01%
DFH	C	0.01%
CFFN	C	0.01%
SEMR	D	0.01%
KELYA	D	0.01%
RES	F	0.01%
BASE	D	0.01%
SMR	D	0.01%
TMP	B	0.01%
MCW	F	0.01%
RVLV	B	0.01%
NOVA	B	0.01%
BRSP	D	0.01%
LOB	B	0.01%
TFSL	C	0.01%
UWMC	B	0.01%
ARHS	F	0.01%
AMK	B	0.01%
CENX	F	0.01%
DRVN	B	0.01%
DJT	F	0.01%
SAH	C	0.01%
RGR	F	0.01%
SEB	C	0.01%
ASTE	D	0.01%
HY	F	0.01%
VZIO	A	0.01%
DNUT	C	0.01%
AMWD	D	0.01%
BV	B	0.01%
FG	D	0.01%
KOP	D	0.01%
BDN	B	0.01%
AXL	F	0.01%
CRK	D	0.01%
HCSG	D	0.01%
FIGS	D	0.01%
MATW	F	0.01%
HPP	D	0.01%
CWEN	B	0.01%
HLX	D	0.01%
GRC	D	0.01%
ALGT	F	0.01%
NNI	B	0.01%
PUMP	F	0.01%
FA	B	0.01%
UNFI	A	0.01%
MNRO	D	0.01%
UNIT	A	0.01%
CHPT	F	0.01%
PRLB	F	0.01%
EXTR	C	0.01%
BMBL	D	0.01%
BRKL	B	0.01%
SPWR	F	0.0%
SCWX	A	0.0%
AC	D	0.0%
CRNC	D	0.0%
TTEC	F	0.0%
SES	F	0.0%
GEF	D	0.0%
FCEL	F	0.0%
INNV	B	0.0%
LDI	B	0.0%
ACDC	F	0.0%
SAVE	F	0.0%
CHGG	F	0.0%
ANGI	B	0.0%
DBI	F	0.0%
EB	F	0.0%
UFCS	D	0.0%
NPK	D	0.0%
OLPX	B	0.0%
MEI	F	0.0%
ULCC	D	0.0%
CEVA	B	0.0%
RDUS	F	0.0%
RUSHB	C	0.0%
DDD	F	0.0%
WOOF	D	0.0%
PL	D	0.0%
GOGO	D	0.0%
ENFN	D	0.0%
UHT	A	0.0%
TASK	F	0.0%
TRTX	C	0.0%
KRO	D	0.0%
CRCT	D	0.0%
BRCC	F	0.0%
BOWL	D	0.0%

VB Underweight 165 Positions Relative to FHLC

Symbol	Grade	Weight
LLY	B	-11.65%
UNH	A	-8.25%
JNJ	B	-6.0%
ABBV	B	-5.26%
MRK	D	-4.52%
TMO	A	-3.56%
ABT	A	-2.98%
DHR	B	-2.84%
AMGN	C	-2.68%
ISRG	B	-2.6%
PFE	D	-2.47%
REGN	B	-1.97%
ELV	B	-1.95%
VRTX	D	-1.92%
SYK	A	-1.85%
BSX	A	-1.78%
MDT	A	-1.78%
CI	B	-1.54%
BMY	B	-1.51%
GILD	A	-1.49%
ZTS	A	-1.27%
HCA	B	-1.18%
MCK	D	-1.11%
CVS	F	-1.09%
BDX	D	-1.05%
IQV	B	-0.68%
HUM	D	-0.65%
CNC	D	-0.64%
EW	F	-0.63%
A	B	-0.63%
IDXX	D	-0.61%
GEHC	B	-0.55%
ALNY	C	-0.54%
RMD	A	-0.54%
MTD	C	-0.46%
VEEV	A	-0.46%
BIIB	D	-0.45%
CAH	A	-0.41%
DXCM	F	-0.41%
MRNA	F	-0.39%
ZBH	D	-0.36%
STE	A	-0.36%
WST	D	-0.33%
ILMN	B	-0.32%
WAT	B	-0.31%
MOH	C	-0.31%
HOLX	A	-0.29%
BAX	A	-0.29%
BMRN	D	-0.26%
DGX	B	-0.26%
AVTR	B	-0.26%
ALGN	F	-0.25%
VTRS	C	-0.22%
RPRX	B	-0.17%
INCY	C	-0.16%
CRSP	F	-0.06%
ADMA	B	-0.06%
RNA	D	-0.05%
CRNX	C	-0.05%
VCEL	C	-0.04%
UFPT	B	-0.04%
DYN	D	-0.04%
IDYA	D	-0.04%
XENE	D	-0.04%
LIVN	D	-0.04%
LMAT	B	-0.03%
GERN	D	-0.03%
PTGX	B	-0.03%
AMPH	C	-0.03%
MRUS	D	-0.03%
RYTM	A	-0.03%
CPRX	B	-0.03%
ADUS	B	-0.03%
ACLX	A	-0.03%
CLDX	A	-0.03%
PNTG	B	-0.02%
LBPH	B	-0.02%
KURA	D	-0.02%
ANIP	D	-0.02%
ARQT	B	-0.02%
SAVA	B	-0.02%
COLL	B	-0.02%
USPH	D	-0.02%
NRIX	B	-0.02%
VERA	B	-0.02%
KROS	B	-0.02%
TLRY	F	-0.02%
DVAX	C	-0.02%
AKRO	C	-0.02%
ARDX	D	-0.02%
MIRM	B	-0.02%
RXST	B	-0.02%
SNDX	D	-0.02%
MNKD	A	-0.02%
MNMD	F	-0.01%
OSUR	F	-0.01%
NRC	F	-0.01%
ORIC	C	-0.01%
IRMD	C	-0.01%
SRRK	D	-0.01%
OLMA	D	-0.01%
ALEC	F	-0.01%
FNA	D	-0.01%
ALLO	F	-0.01%
OABI	F	-0.01%
ITOS	C	-0.01%
SIGA	D	-0.01%
SVRA	D	-0.01%
ELVN	D	-0.01%
CYRX	D	-0.01%
PAHC	B	-0.01%
EYPT	F	-0.01%
NUVB	D	-0.01%
FDMT	F	-0.01%
ALT	F	-0.01%
STOK	A	-0.01%
WVE	F	-0.01%
QTRX	F	-0.01%
YMAB	B	-0.01%
REPL	B	-0.01%
LQDA	F	-0.01%
FLGT	D	-0.01%
ARCT	F	-0.01%
SPRY	B	-0.01%
CCRN	F	-0.01%
KIDS	B	-0.01%
PLRX	C	-0.01%
ATEC	F	-0.01%
TVTX	A	-0.01%
SLP	F	-0.01%
SIBN	C	-0.01%
PHAT	A	-0.01%
IMNM	D	-0.01%
ETNB	D	-0.01%
CDMO	C	-0.01%
TARS	B	-0.01%
COGT	B	-0.01%
OFIX	B	-0.01%
RVNC	B	-0.01%
MLAB	B	-0.01%
VRDN	F	-0.01%
EWTX	D	-0.01%
CGEM	B	-0.01%
PRTA	F	-0.01%
CYH	A	-0.01%
CSTL	A	-0.01%
MDXG	F	-0.01%
IRON	B	-0.01%
EOLS	B	-0.01%
PETQ	A	-0.01%
ESTA	D	-0.01%
AUPH	B	-0.01%
OCUL	B	-0.01%
JANX	C	-0.01%
BLFS	B	-0.01%
HLVX	F	-0.0%
ALXO	F	-0.0%
MGNX	F	-0.0%
NVRO	F	-0.0%
CABA	F	-0.0%
BMEA	D	-0.0%
TBPH	F	-0.0%
TRDA	C	-0.0%
ACCD	D	-0.0%
FATE	F	-0.0%