VBR vs. BKSE ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to BNY Mellon US Small Cap Core Equity ETF (BKSE)

VBR

Vanguard Small-Cap Value ETF - DNQ

VBR Description

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

$189.75

Average Daily Volume

389,886

Number of Holdings ^*

795

* may have additional holdings in another (foreign) market

BKSE

BNY Mellon US Small Cap Core Equity ETF

BKSE Description

The investment seeks to track the performance of the Morningstar® US Small Cap IndexSM. Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. The index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. small-capitalization stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$94.83

Average Daily Volume

3,353

Number of Holdings ^*

572

* may have additional holdings in another (foreign) market

Performance

Period	VBR	BKSE
30 Days	3.62%	3.05%
60 Days	4.96%	2.96%
90 Days	3.95%	2.47%
12 Months	18.31%	12.66%

324 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in BKSE	Overlap
AAP	F	0.11%	0.19%	0.11%
ABCB	B	0.12%	0.2%	0.12%
ABG	D	0.16%	0.28%	0.16%
ABM	C	0.1%	0.18%	0.1%
ABR	B	0.07%	0.12%	0.07%
ACA	D	0.13%	0.23%	0.13%
ACT	A	0.03%	0.05%	0.03%
AEO	D	0.11%	0.21%	0.11%
AGO	D	0.12%	0.22%	0.12%
AIN	D	0.09%	0.15%	0.09%
AL	D	0.15%	0.26%	0.15%
ALE	A	0.11%	0.19%	0.11%
ALIT	D	0.09%	0.16%	0.09%
ALK	D	0.14%	0.24%	0.14%
AMED	B	0.09%	0.16%	0.09%
AMK	B	0.01%	0.04%	0.01%
AMN	F	0.08%	0.13%	0.08%
ANF	D	0.22%	0.37%	0.22%
APAM	D	0.09%	0.14%	0.09%
APLE	F	0.09%	0.17%	0.09%
ARCB	F	0.08%	0.15%	0.08%
ARCH	F	0.07%	0.13%	0.07%
AROC	D	0.1%	0.16%	0.1%
ASB	C	0.1%	0.18%	0.1%
ASGN	D	0.12%	0.22%	0.12%
ASH	D	0.13%	0.25%	0.13%
ASO	C	0.12%	0.2%	0.12%
AUB	B	0.11%	0.19%	0.11%
AUR	B	0.09%	0.15%	0.09%
AVA	B	0.09%	0.16%	0.09%
AVNT	B	0.12%	0.2%	0.12%
AVT	C	0.14%	0.25%	0.14%
AWR	B	0.09%	0.15%	0.09%
AX	C	0.1%	0.2%	0.1%
AZTA	F	0.09%	0.16%	0.09%
BANF	B	0.06%	0.11%	0.06%
BCC	C	0.16%	0.28%	0.16%
BCO	B	0.14%	0.25%	0.14%
BDC	B	0.11%	0.2%	0.11%
BECN	D	0.19%	0.33%	0.19%
BGC	B	0.1%	0.18%	0.1%
BHF	D	0.09%	0.16%	0.09%
BKH	A	0.12%	0.2%	0.12%
BLKB	B	0.06%	0.18%	0.06%
BNL	B	0.1%	0.17%	0.1%
BOH	B	0.08%	0.14%	0.08%
BRC	B	0.09%	0.16%	0.09%
BTU	D	0.08%	0.14%	0.08%
BXMT	C	0.07%	0.15%	0.07%
CABO	F	0.03%	0.09%	0.03%
CACC	F	0.09%	0.16%	0.09%
CADE	C	0.18%	0.3%	0.18%
CAR	F	0.05%	0.09%	0.05%
CATY	B	0.09%	0.16%	0.09%
CBT	B	0.16%	0.28%	0.16%
CBU	B	0.1%	0.17%	0.1%
CC	F	0.11%	0.18%	0.11%
CENT	D	0.01%	0.02%	0.01%
CENTA	D	0.05%	0.09%	0.05%
CGON	A	0.02%	0.08%	0.02%
CNK	A	0.08%	0.13%	0.08%
CNO	B	0.1%	0.19%	0.1%
CNX	B	0.11%	0.2%	0.11%
CNXC	C	0.12%	0.17%	0.12%
COLB	B	0.16%	0.28%	0.16%
COOP	B	0.16%	0.29%	0.16%
CRC	D	0.1%	0.18%	0.1%
CRGY	D	0.05%	0.05%	0.05%
CRI	C	0.06%	0.11%	0.06%
CRUS	C	0.2%	0.36%	0.2%
CTRE	A	0.06%	0.19%	0.06%
CUZ	A	0.12%	0.21%	0.12%
CVBF	D	0.07%	0.13%	0.07%
CVI	F	0.03%	0.04%	0.03%
CWEN	B	0.02%	0.11%	0.02%
CWEN	B	0.06%	0.11%	0.06%
CWEN	B	0.02%	0.04%	0.02%
CWEN	B	0.06%	0.04%	0.04%
CWH	C	0.01%	0.05%	0.01%
CWK	B	0.08%	0.11%	0.08%
DBRG	F	0.04%	0.1%	0.04%
DEI	B	0.08%	0.13%	0.08%
DNB	B	0.11%	0.15%	0.11%
DNUT	C	0.02%	0.04%	0.02%
DTM	B	0.21%	0.37%	0.21%
DXC	A	0.11%	0.19%	0.11%
DY	D	0.07%	0.26%	0.07%
EBC	B	0.09%	0.14%	0.09%
ENOV	D	0.08%	0.12%	0.08%
ENR	B	0.06%	0.1%	0.06%
ENS	D	0.13%	0.23%	0.13%
EPR	B	0.1%	0.17%	0.1%
EQC	A	0.06%	0.11%	0.06%
ESE	C	0.09%	0.16%	0.09%
ESGR	D	0.12%	0.21%	0.12%
ESI	D	0.17%	0.31%	0.17%
ESNT	B	0.19%	0.34%	0.19%
EVTC	D	0.07%	0.11%	0.07%
FA	B	0.03%	0.05%	0.03%
FBP	B	0.1%	0.18%	0.1%
FFBC	B	0.07%	0.13%	0.07%
FFIN	B	0.14%	0.23%	0.14%
FG	D	0.02%	0.04%	0.02%
FHB	C	0.09%	0.16%	0.09%
FHI	B	0.08%	0.14%	0.08%
FIBK	B	0.08%	0.14%	0.08%
FL	D	0.08%	0.12%	0.08%
FLO	A	0.13%	0.21%	0.13%
FLS	C	0.19%	0.34%	0.19%
FNB	C	0.16%	0.28%	0.16%
FTRE	F	0.07%	0.12%	0.07%
FUL	C	0.14%	0.24%	0.14%
FULT	C	0.1%	0.16%	0.1%
FYBR	A	0.21%	0.33%	0.21%
GATX	C	0.15%	0.25%	0.15%
GBCI	B	0.15%	0.26%	0.15%
GEF	D	0.0%	0.09%	0.0%
GEF	D	0.05%	0.09%	0.05%
GFF	D	0.09%	0.15%	0.09%
GHC	C	0.07%	0.13%	0.07%
GME	C	0.21%	0.31%	0.21%
GMS	D	0.11%	0.19%	0.11%
GNW	B	0.09%	0.15%	0.09%
GO	F	0.05%	0.1%	0.05%
GOLF	C	0.06%	0.11%	0.06%
GPI	B	0.14%	0.25%	0.14%
GT	F	0.1%	0.17%	0.1%
GTES	C	0.11%	0.16%	0.11%
GVA	B	0.09%	0.15%	0.09%
HASI	B	0.11%	0.18%	0.11%
HAYW	B	0.06%	0.06%	0.06%
HCC	F	0.11%	0.18%	0.11%
HELE	D	0.04%	0.07%	0.04%
HI	F	0.09%	0.16%	0.09%
HIW	B	0.1%	0.17%	0.1%
HL	C	0.1%	0.17%	0.1%
HOG	B	0.13%	0.24%	0.13%
HOMB	B	0.15%	0.27%	0.15%
HP	F	0.05%	0.2%	0.05%
HTZ	F	0.01%	0.03%	0.01%
HUBG	B	0.08%	0.15%	0.08%
HUN	D	0.12%	0.2%	0.12%
HWC	C	0.14%	0.24%	0.14%
IAC	C	0.11%	0.19%	0.11%
IART	F	0.05%	0.09%	0.05%
IBOC	C	0.11%	0.19%	0.11%
ICUI	B	0.09%	0.13%	0.09%
IDA	A	0.14%	0.25%	0.14%
IDCC	B	0.05%	0.16%	0.05%
IMVT	B	0.06%	0.08%	0.06%
INDB	B	0.08%	0.14%	0.08%
INSW	D	0.04%	0.11%	0.04%
IOSP	D	0.1%	0.17%	0.1%
IOVA	C	0.06%	0.1%	0.06%
IPGP	F	0.06%	0.12%	0.06%
ITGR	A	0.12%	0.2%	0.12%
JBLU	D	0.06%	0.11%	0.06%
JHG	B	0.14%	0.25%	0.14%
JOBY	F	0.07%	0.1%	0.07%
JWN	A	0.07%	0.12%	0.07%
JXN	C	0.2%	0.31%	0.2%
KBH	B	0.16%	0.34%	0.16%
KD	D	0.18%	0.32%	0.18%
KEX	D	0.21%	0.37%	0.21%
KFY	C	0.11%	0.19%	0.11%
KMPR	C	0.11%	0.2%	0.11%
KNF	C	0.13%	0.22%	0.13%
KRC	B	0.13%	0.22%	0.13%
KRYS	D	0.08%	0.26%	0.08%
KSS	F	0.07%	0.12%	0.07%
KTB	B	0.11%	0.2%	0.11%
LAUR	C	0.07%	0.11%	0.07%
LEG	D	0.05%	0.09%	0.05%
LGF.A	F	0.02%	0.05%	0.02%
LGF.A	F	0.03%	0.05%	0.03%
LGF.A	F	0.02%	0.03%	0.02%
LGF.A	F	0.03%	0.03%	0.03%
LITE	C	0.05%	0.18%	0.05%
LNC	C	0.17%	0.29%	0.17%
LPX	B	0.19%	0.32%	0.19%
LRN	B	0.05%	0.16%	0.05%
LXP	B	0.08%	0.15%	0.08%
M	F	0.14%	0.22%	0.14%
MAC	B	0.1%	0.18%	0.1%
MAN	D	0.11%	0.19%	0.11%
MATX	C	0.13%	0.23%	0.13%
MC	B	0.07%	0.23%	0.07%
MCY	B	0.05%	0.08%	0.05%
MDGL	D	0.15%	0.21%	0.15%
MDU	D	0.16%	0.26%	0.16%
MGEE	B	0.09%	0.16%	0.09%
MGRC	D	0.08%	0.14%	0.08%
MIR	D	0.06%	0.11%	0.06%
MLI	B	0.22%	0.41%	0.22%
MOG.A	C	0.17%	0.28%	0.17%
MPW	C	0.08%	0.15%	0.08%
MSM	D	0.12%	0.2%	0.12%
MTG	B	0.19%	0.34%	0.19%
MTH	B	0.2%	0.37%	0.2%
MTRN	D	0.07%	0.12%	0.07%
MTX	D	0.07%	0.13%	0.07%
NABL	D	0.01%	0.05%	0.01%
NFG	B	0.16%	0.27%	0.16%
NHI	A	0.09%	0.16%	0.09%
NJR	A	0.13%	0.24%	0.13%
NNI	B	0.03%	0.1%	0.03%
NPO	D	0.1%	0.18%	0.1%
NSIT	C	0.21%	0.32%	0.21%
NSP	F	0.11%	0.18%	0.11%
NUVL	A	0.09%	0.11%	0.09%
NVST	C	0.09%	0.15%	0.09%
NWE	A	0.1%	0.17%	0.1%
NWL	A	0.1%	0.17%	0.1%
OGN	C	0.16%	0.29%	0.16%
OGS	B	0.12%	0.2%	0.12%
OI	C	0.06%	0.1%	0.06%
OMF	D	0.18%	0.32%	0.18%
ONB	C	0.19%	0.32%	0.19%
OTTR	D	0.12%	0.19%	0.12%
OUT	B	0.07%	0.11%	0.07%
OZK	D	0.16%	0.26%	0.16%
PBH	A	0.1%	0.18%	0.1%
PCH	C	0.1%	0.18%	0.1%
PDCO	F	0.06%	0.1%	0.06%
PECO	A	0.06%	0.22%	0.06%
PENN	F	0.09%	0.14%	0.09%
PFSI	A	0.07%	0.2%	0.07%
PINC	A	0.06%	0.13%	0.06%
PIPR	B	0.13%	0.24%	0.13%
PK	D	0.09%	0.16%	0.09%
PLXS	B	0.1%	0.18%	0.1%
PNM	A	0.11%	0.19%	0.11%
POR	B	0.14%	0.24%	0.14%
PPBI	C	0.08%	0.13%	0.08%
PRGO	C	0.11%	0.2%	0.11%
PRGS	B	0.07%	0.13%	0.07%
PSMT	B	0.07%	0.12%	0.07%
PTEN	F	0.13%	0.2%	0.13%
PTVE	D	0.01%	0.03%	0.01%
PWSC	A	0.04%	0.07%	0.04%
PZZA	C	0.02%	0.07%	0.02%
R	C	0.17%	0.31%	0.17%
RDN	B	0.16%	0.29%	0.16%
REZI	D	0.09%	0.17%	0.09%
RNG	D	0.08%	0.13%	0.08%
ROIC	B	0.05%	0.09%	0.05%
RRR	C	0.04%	0.15%	0.04%
RUSHA	C	0.09%	0.16%	0.09%
RXO	D	0.11%	0.19%	0.11%
RYN	B	0.13%	0.19%	0.13%
SANM	D	0.12%	0.21%	0.12%
SATS	A	0.07%	0.12%	0.07%
SBRA	A	0.11%	0.19%	0.11%
SEE	D	0.16%	0.28%	0.16%
SEM	D	0.12%	0.22%	0.12%
SFBS	B	0.06%	0.21%	0.06%
SFM	B	0.29%	0.51%	0.29%
SFNC	B	0.08%	0.14%	0.08%
SHOO	C	0.05%	0.17%	0.05%
SIG	F	0.1%	0.18%	0.1%
SITC	D	0.09%	0.15%	0.09%
SKT	A	0.09%	0.16%	0.09%
SKYW	D	0.09%	0.16%	0.09%
SLG	B	0.13%	0.22%	0.13%
SLGN	B	0.12%	0.21%	0.12%
SLM	D	0.15%	0.23%	0.15%
SM	D	0.08%	0.27%	0.08%
SMG	C	0.1%	0.17%	0.1%
SMMT	B	0.02%	0.05%	0.02%
SNDR	B	0.03%	0.05%	0.03%
SNV	C	0.19%	0.35%	0.19%
SPB	B	0.07%	0.13%	0.07%
SPR	D	0.06%	0.21%	0.06%
SR	B	0.1%	0.18%	0.1%
SRCL	A	0.16%	0.28%	0.16%
SRCL	A	0.01%	0.28%	0.01%
STEP	B	0.04%	0.14%	0.04%
STRA	D	0.07%	0.12%	0.07%
SWX	D	0.15%	0.21%	0.15%
SXT	C	0.1%	0.17%	0.1%
SYNA	F	0.1%	0.17%	0.1%
TCBI	A	0.09%	0.16%	0.09%
TDC	F	0.09%	0.16%	0.09%
TEX	D	0.12%	0.21%	0.12%
TGNA	D	0.08%	0.14%	0.08%
THG	A	0.13%	0.25%	0.13%
THO	C	0.16%	0.28%	0.16%
THS	A	0.06%	0.1%	0.06%
TMHC	B	0.2%	0.35%	0.2%
TNL	D	0.09%	0.17%	0.09%
TPH	B	0.12%	0.22%	0.12%
TRN	C	0.08%	0.14%	0.08%
TROX	F	0.06%	0.1%	0.06%
UA	B	0.04%	0.06%	0.04%
UAA	B	0.04%	0.07%	0.04%
UBSI	B	0.15%	0.26%	0.15%
UCBI	B	0.11%	0.19%	0.11%
UMBF	B	0.12%	0.23%	0.12%
UNF	C	0.09%	0.14%	0.09%
URBN	D	0.09%	0.15%	0.09%
USM	B	0.02%	0.04%	0.02%
VAC	F	0.08%	0.15%	0.08%
VCTR	B	0.03%	0.09%	0.03%
VIAV	C	0.05%	0.09%	0.05%
VIRT	A	0.07%	0.12%	0.07%
VLY	C	0.11%	0.18%	0.11%
VMI	C	0.18%	0.3%	0.18%
VNO	B	0.15%	0.24%	0.15%
VNT	F	0.18%	0.31%	0.18%
VSAT	D	0.07%	0.1%	0.07%
VSH	F	0.09%	0.14%	0.09%
VSTS	C	0.05%	0.08%	0.05%
VVV	D	0.18%	0.31%	0.18%
WAFD	B	0.08%	0.12%	0.08%
WD	B	0.1%	0.17%	0.1%
WEN	C	0.09%	0.15%	0.09%
WERN	D	0.07%	0.12%	0.07%
WOR	F	0.04%	0.08%	0.04%
WSFS	C	0.1%	0.17%	0.1%
WTFC	B	0.21%	0.34%	0.21%
WU	C	0.12%	0.21%	0.12%
XRX	D	0.03%	0.06%	0.03%
ZD	F	0.06%	0.11%	0.06%
ZWS	D	0.13%	0.24%	0.13%

VBR Overweight 475 Positions Relative to BKSE

Symbol	Grade	Weight
SW	D	0.68%
FCNCA	C	0.66%
BLDR	C	0.6%
CSL	C	0.58%
BAH	B	0.54%
EME	C	0.52%
ATO	A	0.52%
RS	D	0.51%
OC	D	0.47%
RPM	A	0.46%
NRG	C	0.46%
IEX	D	0.46%
WSM	D	0.46%
TOL	B	0.44%
BG	D	0.44%
PNR	B	0.43%
THC	B	0.43%
KIM	A	0.43%
RGA	B	0.43%
EQH	C	0.42%
UTHR	B	0.41%
KMX	C	0.39%
USFD	B	0.39%
JBL	F	0.38%
GLPI	A	0.38%
RIVN	F	0.38%
IPG	B	0.36%
EMN	C	0.36%
EWBC	C	0.36%
JNPR	A	0.36%
RNR	A	0.36%
ALLY	C	0.36%
ACM	B	0.36%
OVV	F	0.36%
REG	A	0.36%
CPT	B	0.35%
JLL	B	0.35%
FFIV	B	0.35%
ALLE	B	0.35%
NVT	F	0.35%
UHS	B	0.35%
APA	F	0.34%
CG	D	0.34%
ITT	C	0.34%
BJ	D	0.34%
BRO	A	0.33%
TTEK	B	0.33%
HII	B	0.32%
SCI	B	0.32%
HUBB	C	0.31%
RRX	D	0.31%
CCK	A	0.31%
PFGC	B	0.31%
BXP	A	0.3%
CHRD	F	0.3%
CACI	B	0.3%
TFX	A	0.3%
ATR	A	0.29%
LDOS	B	0.29%
CHRW	B	0.29%
STLD	D	0.29%
WTRG	D	0.29%
TAP	C	0.28%
MUSA	B	0.28%
CHK	F	0.28%
MOS	F	0.28%
PNW	A	0.28%
AIZ	B	0.27%
FHN	C	0.27%
TPR	B	0.27%
HSIC	C	0.27%
FRT	A	0.27%
GPK	B	0.27%
UNM	B	0.27%
AFG	A	0.27%
APG	D	0.27%
EHC	B	0.27%
MHK	B	0.26%
WCC	D	0.26%
KBR	C	0.26%
OHI	A	0.26%
EGP	B	0.26%
DCI	C	0.26%
ARMK	A	0.26%
DINO	F	0.25%
WAL	B	0.25%
AIT	C	0.25%
MKSI	F	0.25%
ORI	B	0.25%
WBS	D	0.25%
HAS	B	0.25%
GL	B	0.25%
SF	C	0.25%
DKS	C	0.25%
PRI	B	0.25%
JEF	B	0.25%
EVR	B	0.25%
BWA	D	0.24%
HRB	B	0.24%
SOLV	B	0.24%
INGR	A	0.24%
BBWI	F	0.24%
NNN	A	0.24%
FLR	C	0.24%
X	F	0.24%
NYT	C	0.24%
KNX	D	0.24%
UFPI	D	0.23%
AYI	C	0.23%
ALSN	B	0.23%
OGE	B	0.23%
FCN	C	0.23%
CR	C	0.23%
SNX	D	0.23%
AXTA	C	0.23%
SEIC	D	0.23%
IVZ	C	0.22%
BPOP	B	0.22%
STAG	B	0.22%
SSB	B	0.22%
CBSH	B	0.22%
LAD	C	0.22%
ZION	C	0.22%
BRX	A	0.22%
Z	B	0.22%
DOC	B	0.22%
NI	A	0.21%
MSA	D	0.21%
OSK	D	0.21%
SWN	F	0.21%
BERY	B	0.21%
RRC	F	0.21%
FR	B	0.21%
CMA	B	0.21%
AGNC	A	0.21%
FMC	C	0.21%
CLF	F	0.21%
VOYA	B	0.21%
BIO	A	0.2%
CFR	C	0.2%
ACI	D	0.2%
LEA	F	0.2%
ADC	A	0.2%
AAL	C	0.2%
CMC	D	0.2%
AES	D	0.19%
EVRG	A	0.19%
XPO	D	0.19%
SAIC	B	0.19%
RHI	D	0.19%
RL	A	0.19%
ELAN	B	0.19%
RLI	B	0.19%
ARW	B	0.19%
DVA	B	0.19%
JAZZ	D	0.19%
PB	B	0.19%
MAT	C	0.19%
STWD	C	0.18%
AGCO	F	0.18%
MUR	F	0.18%
PARA	F	0.18%
AN	C	0.18%
UHAL	B	0.18%
G	B	0.18%
XRAY	D	0.17%
WTS	D	0.17%
ACHC	B	0.17%
QRVO	D	0.17%
NXST	D	0.17%
AXS	B	0.17%
PVH	F	0.17%
ESAB	D	0.17%
ST	D	0.17%
AMG	C	0.17%
EPAM	C	0.17%
AA	F	0.17%
VFC	B	0.17%
SJM	A	0.17%
FAF	A	0.17%
SON	A	0.16%
COHR	C	0.16%
UGI	C	0.16%
OLN	F	0.16%
SIGI	D	0.16%
BC	D	0.16%
TKR	D	0.16%
LKQ	D	0.16%
WHR	D	0.16%
SUM	D	0.15%
CTLT	A	0.15%
LAMR	B	0.15%
AM	C	0.14%
ATKR	F	0.14%
AR	F	0.13%
WTM	B	0.13%
PSN	B	0.13%
PII	D	0.13%
PR	D	0.13%
NCLH	D	0.12%
TPG	B	0.12%
LYFT	F	0.12%
PBF	F	0.12%
AMKR	F	0.11%
MIDD	D	0.11%
CPRI	C	0.11%
COTY	F	0.1%
PAG	C	0.1%
MTZ	C	0.1%
PNFP	B	0.1%
EAT	B	0.09%
ADTN	F	0.09%
LUMN	B	0.09%
PRK	B	0.08%
POST	B	0.08%
ATGE	C	0.08%
WLK	D	0.08%
PRIM	C	0.08%
BKU	B	0.08%
MLKN	D	0.07%
AKR	B	0.07%
AZZ	C	0.07%
PFS	B	0.07%
NATL	D	0.07%
BOKF	B	0.07%
CDE	D	0.07%
FRME	C	0.07%
OSIS	C	0.07%
MYGN	B	0.07%
UE	B	0.07%
HNI	B	0.07%
LSXMK	C	0.07%
HURN	C	0.06%
LZB	C	0.06%
TDS	B	0.06%
TRMK	B	0.06%
KAR	D	0.06%
EPC	C	0.06%
B	D	0.06%
WLY	C	0.06%
HBI	B	0.06%
GNL	A	0.06%
PHIN	B	0.06%
BANR	B	0.06%
RNST	C	0.06%
KMT	D	0.06%
IBTX	B	0.06%
SHO	D	0.06%
VRNT	F	0.06%
OFG	B	0.06%
COMP	B	0.06%
AIR	D	0.06%
TOWN	B	0.06%
NBTB	B	0.06%
SXI	C	0.06%
ARI	C	0.05%
LTC	A	0.05%
KN	D	0.05%
SUPN	B	0.05%
OXM	F	0.05%
NBHC	B	0.05%
STBA	B	0.05%
HEES	F	0.05%
BHE	C	0.05%
DNOW	D	0.05%
DRH	D	0.05%
DAN	F	0.05%
NGVT	F	0.05%
NMRK	A	0.05%
ZG	B	0.05%
CHCO	B	0.05%
VGR	B	0.05%
FCF	B	0.05%
ANDE	D	0.05%
NHC	B	0.05%
CAKE	C	0.05%
NWBI	B	0.05%
WSBC	B	0.05%
BLMN	F	0.05%
SCL	D	0.05%
IVT	B	0.05%
HE	F	0.05%
PRG	B	0.05%
LGND	B	0.05%
EDR	A	0.05%
TTMI	D	0.05%
GEO	D	0.05%
PMT	C	0.04%
KALU	F	0.04%
MSGE	B	0.04%
SAFT	B	0.04%
AAT	B	0.04%
EIG	B	0.04%
WMK	B	0.04%
DDS	D	0.04%
SCS	C	0.04%
UVV	B	0.04%
NAVI	C	0.04%
KFRC	D	0.04%
CARS	D	0.04%
BKE	B	0.04%
LC	B	0.04%
CSGS	C	0.04%
OMCL	A	0.04%
SPNT	B	0.04%
LADR	B	0.04%
WABC	C	0.04%
NTCT	C	0.04%
VSCO	A	0.04%
WS	D	0.04%
ESRT	B	0.04%
HMN	B	0.04%
BKD	D	0.04%
ALEX	B	0.04%
JELD	F	0.04%
REVG	C	0.04%
GTY	B	0.04%
ODP	F	0.04%
DK	F	0.04%
REYN	A	0.04%
PPC	B	0.04%
CODI	D	0.04%
CXW	D	0.04%
JBGS	B	0.04%
HTH	C	0.04%
HOPE	B	0.04%
GBX	D	0.04%
APOG	C	0.04%
NWN	B	0.04%
INFA	F	0.04%
VRTS	D	0.04%
LEVI	C	0.03%
PUMP	F	0.03%
UNFI	A	0.03%
MNRO	D	0.03%
UNIT	A	0.03%
PRLB	F	0.03%
BMBL	D	0.03%
BRKL	B	0.03%
EMBC	B	0.03%
MMI	B	0.03%
WNC	F	0.03%
SVC	D	0.03%
FDP	B	0.03%
RWT	B	0.03%
MATV	B	0.03%
HTLF	B	0.03%
SIRI	F	0.03%
PRAA	D	0.03%
INVA	B	0.03%
TRS	D	0.03%
ETWO	D	0.03%
RBRK	D	0.03%
ECVT	F	0.03%
ATSG	C	0.03%
CBRL	F	0.03%
AMRX	A	0.03%
CSR	B	0.03%
GIII	A	0.03%
VSTO	C	0.03%
PDM	B	0.03%
CNNE	D	0.03%
DLX	D	0.03%
AVNS	B	0.03%
NX	D	0.03%
THR	D	0.03%
PBI	C	0.03%
CMTG	F	0.03%
WWW	A	0.03%
EYE	F	0.03%
ECPG	C	0.03%
AIV	B	0.03%
SCSC	C	0.03%
HLF	F	0.03%
MRC	D	0.03%
SBH	B	0.03%
OMI	C	0.03%
BHLB	B	0.03%
DIN	F	0.02%
NUS	F	0.02%
MXL	F	0.02%
CMP	F	0.02%
KREF	A	0.02%
FOR	D	0.02%
HTLD	D	0.02%
AMBC	F	0.02%
CLB	F	0.02%
JACK	F	0.02%
SCHL	D	0.02%
SWI	B	0.02%
UHAL	B	0.02%
VREX	F	0.02%
CNDT	B	0.02%
CAL	B	0.02%
BGS	C	0.02%
PRA	C	0.02%
HAIN	B	0.02%
MD	B	0.02%
GES	F	0.02%
XHR	D	0.02%
CFFN	C	0.02%
KELYA	D	0.02%
SMR	D	0.02%
BASE	D	0.02%
TMP	B	0.02%
BRSP	D	0.02%
HLIO	F	0.02%
SAH	C	0.02%
AMC	D	0.02%
RGR	F	0.02%
SEB	C	0.02%
ASTE	D	0.02%
HY	F	0.02%
AMWD	D	0.02%
BV	B	0.02%
KOP	D	0.02%
PEB	D	0.02%
BDN	B	0.02%
AXL	F	0.02%
RKLB	B	0.02%
HCSG	D	0.02%
MATW	F	0.02%
HPP	D	0.02%
OPK	B	0.01%
DBI	F	0.01%
UFCS	D	0.01%
NPK	D	0.01%
OLPX	B	0.01%
MEI	F	0.01%
RDUS	F	0.01%
WOOF	D	0.01%
ZIP	C	0.01%
ALX	B	0.01%
TRTX	C	0.01%
KRO	D	0.01%
PACB	F	0.01%
BRCC	F	0.01%
CRCT	D	0.01%
VMEO	B	0.01%
FWRD	D	0.01%
EGBN	C	0.01%
TGI	D	0.01%
RUSHB	C	0.01%
INN	B	0.01%
EE	D	0.01%
TWKS	A	0.01%
AMCX	F	0.01%
BJRI	D	0.01%
WRLD	D	0.01%
SWBI	D	0.01%
NAPA	F	0.01%
RMR	B	0.01%
DJT	F	0.01%
GRC	D	0.01%
DAWN	D	0.01%
PCRX	F	0.01%
ATUS	C	0.01%
UDMY	F	0.01%
GCMG	B	0.01%
CLBK	B	0.01%
NVRI	C	0.01%
BFS	B	0.01%
TILE	B	0.01%
CCO	D	0.01%
USNA	F	0.01%
SSP	F	0.0%
SCWX	A	0.0%
AC	D	0.0%
CRNC	D	0.0%
TTEC	F	0.0%
SAVE	F	0.0%
LDI	B	0.0%
UHT	A	0.0%
ACDC	F	0.0%
CHGG	F	0.0%

VBR Underweight 254 Positions Relative to BKSE

Symbol	Grade	Weight
INSM	C	-0.55%
ATI	C	-0.43%
HALO	B	-0.36%
RVMD	D	-0.36%
CRS	B	-0.36%
LNTH	C	-0.36%
BFAM	B	-0.35%
BPMC	F	-0.34%
CVLT	B	-0.34%
TRNO	B	-0.33%
OLLI	D	-0.31%
BMI	C	-0.31%
MOD	C	-0.3%
CWST	C	-0.3%
VRNS	C	-0.3%
FSS	D	-0.3%
EXLS	B	-0.29%
MMS	C	-0.29%
GKOS	B	-0.29%
BCPC	C	-0.29%
AWI	C	-0.29%
TENB	D	-0.28%
FRPT	B	-0.28%
MARA	F	-0.27%
EXPO	B	-0.27%
KRG	B	-0.27%
EPRT	A	-0.26%
HLNE	B	-0.26%
MGY	D	-0.25%
TDW	F	-0.25%
MMSI	A	-0.25%
VAL	F	-0.25%
AVAV	B	-0.25%
CSWI	C	-0.25%
SKY	B	-0.24%
LOPE	D	-0.24%
ITRI	D	-0.24%
EEFT	D	-0.23%
TMDX	C	-0.23%
MHO	B	-0.23%
HAE	F	-0.23%
ACIW	B	-0.23%
VRRM	D	-0.23%
FELE	D	-0.22%
ALKS	B	-0.22%
NEU	D	-0.22%
AEIS	D	-0.22%
RIG	F	-0.22%
KAI	D	-0.21%
ACLS	F	-0.21%
WHD	C	-0.21%
GH	F	-0.21%
FORM	F	-0.21%
POWI	F	-0.21%
HRI	D	-0.21%
HCP	B	-0.21%
ORA	C	-0.21%
IRT	B	-0.21%
QTWO	B	-0.2%
RDNT	B	-0.2%
LBRT	D	-0.2%
BOX	A	-0.2%
NOG	D	-0.2%
BOOT	B	-0.2%
WK	D	-0.19%
NEOG	D	-0.19%
HHH	B	-0.19%
CPA	D	-0.19%
SLAB	D	-0.19%
LANC	D	-0.19%
RUN	B	-0.19%
PRMW	A	-0.18%
CRNX	C	-0.18%
AXNX	A	-0.18%
CRDO	C	-0.18%
DIOD	F	-0.18%
STRL	C	-0.18%
CORT	B	-0.18%
WDFC	A	-0.18%
CLSK	F	-0.18%
PI	C	-0.18%
RARE	B	-0.18%
YETI	D	-0.18%
CVCO	B	-0.17%
MSGS	B	-0.17%
ZETA	B	-0.17%
SHAK	C	-0.17%
DOCS	B	-0.17%
ALRM	F	-0.17%
JOE	C	-0.17%
IIPR	B	-0.17%
ARWR	F	-0.17%
GLNG	D	-0.17%
ACAD	F	-0.16%
SMPL	D	-0.16%
IDYA	D	-0.16%
CWT	B	-0.16%
FTDR	B	-0.16%
JBT	F	-0.16%
NMIH	B	-0.16%
VC	F	-0.16%
BROS	D	-0.16%
HGV	D	-0.16%
AXSM	A	-0.16%
CBZ	D	-0.16%
IRDM	D	-0.16%
MWA	C	-0.16%
AMR	F	-0.16%
FIVN	F	-0.16%
TGTX	B	-0.15%
LCII	B	-0.15%
BE	F	-0.15%
FROG	F	-0.15%
KTOS	C	-0.15%
CALM	B	-0.15%
HIMS	F	-0.15%
OII	C	-0.15%
CCS	B	-0.15%
IESC	C	-0.15%
CCOI	A	-0.15%
NSA	A	-0.15%
DORM	B	-0.14%
LIVN	D	-0.14%
GPOR	D	-0.14%
IRTC	F	-0.14%
RYTM	A	-0.14%
ICFI	B	-0.14%
FOLD	A	-0.14%
PATK	B	-0.14%
ROAD	C	-0.14%
CRVL	B	-0.14%
PEGA	B	-0.14%
PRCT	B	-0.14%
DNLI	A	-0.14%
COLM	B	-0.14%
CEIX	D	-0.14%
ACLX	A	-0.13%
FCPT	A	-0.13%
SWTX	C	-0.13%
IGT	C	-0.13%
PTCT	C	-0.13%
SQSP	A	-0.13%
NTLA	F	-0.13%
KWR	D	-0.13%
SITM	C	-0.13%
JJSF	C	-0.13%
KOS	F	-0.13%
KLIC	F	-0.13%
IPAR	D	-0.13%
SGBX	F	-0.13%
RIOT	F	-0.13%
SLVM	B	-0.13%
EVH	B	-0.13%
SAM	D	-0.13%
ROG	F	-0.12%
AI	F	-0.12%
SGRY	B	-0.12%
NARI	D	-0.12%
CSTM	D	-0.12%
CNS	B	-0.12%
ADNT	F	-0.12%
MODG	F	-0.12%
MYRG	F	-0.12%
QS	F	-0.12%
WOLF	F	-0.12%
CALX	D	-0.12%
BEAM	F	-0.12%
CLVT	C	-0.12%
ASTH	B	-0.12%
PGNY	D	-0.12%
NEP	F	-0.12%
UEC	F	-0.12%
YELP	F	-0.12%
GRBK	B	-0.12%
RPD	F	-0.12%
LGIH	C	-0.12%
AGYS	C	-0.12%
XPRO	F	-0.12%
BL	D	-0.12%
ACVA	B	-0.11%
NCNO	D	-0.11%
GSHD	A	-0.11%
CLDX	A	-0.11%
ENV	B	-0.11%
CNMD	C	-0.11%
BRZE	F	-0.11%
CWAN	B	-0.11%
OSCR	B	-0.11%
FOXF	F	-0.11%
MQ	F	-0.11%
PDFS	D	-0.1%
RCM	B	-0.1%
TRIP	F	-0.1%
DOCN	B	-0.1%
VERX	C	-0.1%
SPT	F	-0.1%
RAMP	F	-0.1%
PRVA	D	-0.1%
FLYW	D	-0.1%
AMBA	D	-0.1%
AGL	F	-0.1%
TXG	D	-0.1%
UPST	B	-0.1%
ARVN	F	-0.09%
WGO	D	-0.09%
MP	C	-0.09%
ALG	D	-0.09%
YOU	B	-0.09%
BANC	B	-0.09%
APPN	F	-0.08%
PLUG	F	-0.08%
SONO	F	-0.08%
KNTK	A	-0.08%
TDOC	F	-0.08%
CARG	B	-0.08%
ARRY	F	-0.08%
AMPH	C	-0.08%
SEDG	F	-0.08%
TALO	F	-0.07%
CERT	F	-0.07%
SHC	A	-0.07%
RXRX	F	-0.07%
ALGM	F	-0.07%
FRHC	A	-0.07%
AESI	B	-0.07%
COUR	D	-0.06%
INTA	B	-0.06%
ASAN	F	-0.06%
CXM	F	-0.06%
TGLS	B	-0.06%
ARCO	F	-0.06%
LTH	B	-0.06%
RCKT	F	-0.06%
FIZZ	D	-0.06%
PLAY	F	-0.06%
UTZ	A	-0.05%
FLNC	C	-0.05%
JAMF	D	-0.05%
MRVI	A	-0.05%
MCW	F	-0.04%
TFSL	C	-0.04%
DFH	C	-0.04%
GDRX	C	-0.04%
DRVN	B	-0.04%
PYCR	C	-0.04%
CRK	D	-0.04%
DNA	F	-0.03%
TR	A	-0.03%
DLO	D	-0.03%
BOWL	D	-0.02%
PLTK	D	-0.02%
PAY	C	-0.02%
LFST	A	-0.02%
INST	D	-0.02%