VBR vs. CSA ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to Compass EMP Small Cap 500 Volatility Weighted Index ETF (CSA)

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

$197.36

Average Daily Volume

429,823

Number of Holdings ^*

795

* may have additional holdings in another (foreign) market

CSA

Compass EMP Small Cap 500 Volatility Weighted Index ETF

CSA Description

Compass EMP Funds Trust - Compass EMP US Small Cap 500 Volatility Weighted Index ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in volatile stocks of small-cap companies with market capitalizations less than $3 billion. It seeks to track the performance of the CEMP US Small Cap 500 Volatility Weighted Index. Compass EMP Funds Trust - Compass EMP US Small Cap 500 Volatility Weighted Index ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$71.94

Average Daily Volume

998

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	VBR	CSA
30 Days	1.55%	-1.60%
60 Days	5.35%	3.22%
90 Days	10.13%	8.45%
12 Months	30.05%	27.48%

280 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in CSA	Overlap
AAP	F	0.08%	0.12%	0.08%
ABCB	C	0.12%	0.21%	0.12%
ABG	F	0.15%	0.17%	0.15%
ABM	D	0.11%	0.18%	0.11%
ACA	C	0.13%	0.2%	0.13%
AEO	C	0.11%	0.19%	0.11%
AGO	B	0.12%	0.26%	0.12%
AIN	F	0.09%	0.22%	0.09%
AIR	D	0.07%	0.2%	0.07%
AL	D	0.14%	0.19%	0.14%
ALK	C	0.13%	0.25%	0.13%
ALSN	A	0.24%	0.24%	0.24%
AMG	B	0.16%	0.28%	0.16%
AMN	F	0.06%	0.1%	0.06%
ANDE	D	0.05%	0.21%	0.05%
ANF	F	0.22%	0.1%	0.1%
APAM	C	0.08%	0.22%	0.08%
ARCB	F	0.07%	0.14%	0.07%
AROC	B	0.09%	0.2%	0.09%
ASB	F	0.1%	0.21%	0.1%
ASGN	D	0.12%	0.22%	0.12%
ASH	F	0.13%	0.21%	0.13%
ASO	D	0.12%	0.18%	0.12%
ATGE	D	0.08%	0.16%	0.08%
AUB	D	0.1%	0.19%	0.1%
AVA	D	0.09%	0.3%	0.09%
AVNT	C	0.13%	0.21%	0.13%
AVT	C	0.15%	0.27%	0.15%
AWR	B	0.09%	0.32%	0.09%
AX	D	0.1%	0.15%	0.1%
AXS	A	0.18%	0.31%	0.18%
AZZ	C	0.07%	0.18%	0.07%
BANF	D	0.06%	0.21%	0.06%
BANR	C	0.06%	0.21%	0.06%
BC	D	0.16%	0.2%	0.16%
BCC	C	0.16%	0.17%	0.16%
BCO	C	0.14%	0.27%	0.14%
BDC	B	0.13%	0.21%	0.13%
BGC	B	0.11%	0.18%	0.11%
BKE	D	0.04%	0.2%	0.04%
BKH	C	0.12%	0.32%	0.12%
BKU	D	0.08%	0.16%	0.08%
BLKB	C	0.06%	0.23%	0.06%
BOH	D	0.08%	0.19%	0.08%
BOKF	D	0.07%	0.24%	0.07%
BRC	C	0.09%	0.3%	0.09%
BTU	B	0.08%	0.22%	0.08%
CABO	F	0.02%	0.15%	0.02%
CADE	D	0.17%	0.19%	0.17%
CAKE	B	0.05%	0.2%	0.05%
CATY	D	0.09%	0.2%	0.09%
CBT	C	0.17%	0.2%	0.17%
CBU	D	0.09%	0.19%	0.09%
CC	D	0.09%	0.11%	0.09%
CENTA	F	0.05%	0.2%	0.05%
CHCO	D	0.05%	0.26%	0.05%
CNK	D	0.09%	0.2%	0.09%
CNO	C	0.11%	0.25%	0.11%
CNX	A	0.12%	0.3%	0.12%
COLB	C	0.15%	0.15%	0.15%
COOP	B	0.17%	0.24%	0.17%
CRC	B	0.11%	0.17%	0.11%
CRGY	B	0.05%	0.15%	0.05%
CRI	D	0.07%	0.25%	0.07%
CRUS	D	0.23%	0.14%	0.14%
CVBF	B	0.07%	0.18%	0.07%
CVI	D	0.03%	0.17%	0.03%
CWEN	C	0.03%	0.22%	0.03%
CWEN	C	0.07%	0.22%	0.07%
DDS	D	0.03%	0.18%	0.03%
DTM	A	0.22%	0.39%	0.22%
DXC	B	0.11%	0.15%	0.11%
DY	C	0.07%	0.22%	0.07%
EAT	A	0.09%	0.17%	0.09%
EBC	D	0.1%	0.18%	0.1%
EE	A	0.01%	0.2%	0.01%
ENR	B	0.07%	0.26%	0.07%
ENS	D	0.12%	0.23%	0.12%
EPC	F	0.06%	0.26%	0.06%
ESAB	C	0.18%	0.26%	0.18%
ESE	C	0.09%	0.25%	0.09%
ESI	C	0.17%	0.23%	0.17%
EVTC	C	0.06%	0.22%	0.06%
FA	A	0.03%	0.28%	0.03%
FBP	D	0.1%	0.24%	0.1%
FCF	D	0.05%	0.21%	0.05%
FFBC	D	0.07%	0.21%	0.07%
FFIN	D	0.13%	0.2%	0.13%
FHB	D	0.09%	0.24%	0.09%
FHI	C	0.08%	0.34%	0.08%
FIBK	D	0.08%	0.18%	0.08%
FLO	D	0.13%	0.34%	0.13%
FLS	B	0.19%	0.31%	0.19%
FNB	D	0.16%	0.23%	0.16%
FRME	D	0.07%	0.2%	0.07%
FUL	F	0.14%	0.28%	0.14%
FULT	D	0.1%	0.19%	0.1%
GATX	F	0.15%	0.25%	0.15%
GBCI	C	0.16%	0.16%	0.16%
GEF	D	0.04%	0.27%	0.04%
GEF	D	0.0%	0.27%	0.0%
GFF	C	0.09%	0.16%	0.09%
GHC	C	0.07%	0.25%	0.07%
GME	D	0.22%	0.04%	0.04%
GMS	C	0.1%	0.22%	0.1%
GNW	C	0.09%	0.26%	0.09%
GO	F	0.05%	0.15%	0.05%
GOLF	F	0.06%	0.22%	0.06%
GPI	C	0.14%	0.21%	0.14%
GVA	B	0.1%	0.29%	0.1%
HAYW	C	0.06%	0.17%	0.06%
HCC	C	0.09%	0.14%	0.09%
HEES	C	0.04%	0.15%	0.04%
HNI	C	0.07%	0.25%	0.07%
HOG	D	0.13%	0.17%	0.13%
HOMB	D	0.15%	0.24%	0.15%
HP	D	0.04%	0.17%	0.04%
HTH	F	0.04%	0.23%	0.04%
HUBG	D	0.08%	0.23%	0.08%
HURN	D	0.06%	0.22%	0.06%
HWC	D	0.14%	0.19%	0.14%
IBOC	D	0.1%	0.21%	0.1%
IDA	D	0.15%	0.36%	0.15%
IDCC	A	0.05%	0.25%	0.05%
INDB	D	0.08%	0.17%	0.08%
INSW	B	0.04%	0.22%	0.04%
IOSP	F	0.08%	0.24%	0.08%
IPGP	D	0.05%	0.2%	0.05%
ITGR	C	0.13%	0.23%	0.13%
JWN	D	0.06%	0.14%	0.06%
JXN	A	0.2%	0.18%	0.18%
KAR	F	0.06%	0.26%	0.06%
KBH	C	0.16%	0.18%	0.16%
KEX	C	0.21%	0.24%	0.21%
KFY	C	0.11%	0.24%	0.11%
KMPR	D	0.11%	0.21%	0.11%
KMT	D	0.06%	0.24%	0.06%
KNF	C	0.13%	0.23%	0.13%
KRYS	D	0.07%	0.1%	0.07%
KSS	D	0.06%	0.13%	0.06%
KTB	C	0.12%	0.22%	0.12%
LAUR	C	0.07%	0.26%	0.07%
LEVI	C	0.03%	0.19%	0.03%
LGND	D	0.05%	0.14%	0.05%
LNC	D	0.16%	0.18%	0.16%
LPX	C	0.18%	0.19%	0.18%
LRN	C	0.05%	0.23%	0.05%
LZB	D	0.05%	0.18%	0.05%
M	F	0.13%	0.14%	0.13%
MAN	D	0.1%	0.25%	0.1%
MATX	C	0.13%	0.23%	0.13%
MC	C	0.07%	0.2%	0.07%
MCY	B	0.05%	0.2%	0.05%
MDU	C	0.15%	0.35%	0.15%
MGEE	B	0.09%	0.22%	0.09%
MLI	C	0.23%	0.23%	0.23%
MLKN	F	0.06%	0.14%	0.06%
MOG.A	C	0.17%	0.23%	0.17%
MSM	D	0.11%	0.27%	0.11%
MTG	B	0.2%	0.29%	0.2%
MTRN	F	0.07%	0.16%	0.07%
MTX	D	0.07%	0.25%	0.07%
MTZ	A	0.11%	0.17%	0.11%
NABL	F	0.01%	0.26%	0.01%
NAVI	F	0.04%	0.21%	0.04%
NBHC	D	0.05%	0.21%	0.05%
NBTB	D	0.06%	0.18%	0.06%
NFG	A	0.16%	0.33%	0.16%
NHC	D	0.05%	0.22%	0.05%
NJR	C	0.13%	0.34%	0.13%
NMRK	B	0.05%	0.19%	0.05%
NNI	C	0.03%	0.26%	0.03%
NPO	C	0.1%	0.18%	0.1%
NSP	F	0.1%	0.19%	0.1%
NWBI	D	0.05%	0.23%	0.05%
NWE	B	0.1%	0.34%	0.1%
OFG	D	0.06%	0.23%	0.06%
OGN	F	0.17%	0.13%	0.13%
OGS	C	0.11%	0.31%	0.11%
ONB	D	0.19%	0.21%	0.19%
OSIS	C	0.07%	0.23%	0.07%
OTTR	F	0.1%	0.21%	0.1%
OZK	D	0.14%	0.17%	0.14%
PBH	D	0.11%	0.26%	0.11%
PDCO	F	0.05%	0.19%	0.05%
PFS	D	0.07%	0.17%	0.07%
PFSI	C	0.08%	0.22%	0.08%
PHIN	D	0.06%	0.18%	0.06%
PII	D	0.13%	0.19%	0.13%
PINC	F	0.06%	0.27%	0.06%
PIPR	B	0.13%	0.23%	0.13%
PLXS	B	0.1%	0.22%	0.1%
PNM	B	0.11%	0.33%	0.11%
POR	D	0.15%	0.33%	0.15%
PRG	C	0.06%	0.15%	0.06%
PRGS	B	0.07%	0.29%	0.07%
PRIM	C	0.08%	0.19%	0.08%
PRK	D	0.08%	0.2%	0.08%
PSMT	C	0.06%	0.28%	0.06%
PTEN	F	0.11%	0.14%	0.11%
PTVE	D	0.01%	0.14%	0.01%
R	C	0.18%	0.23%	0.18%
RDN	D	0.16%	0.25%	0.16%
REVG	D	0.05%	0.11%	0.05%
REZI	D	0.08%	0.15%	0.08%
RNST	D	0.06%	0.19%	0.06%
RRR	D	0.04%	0.18%	0.04%
RUSHA	D	0.1%	0.2%	0.1%
SAH	D	0.02%	0.16%	0.02%
SANM	D	0.11%	0.14%	0.11%
SCL	D	0.05%	0.23%	0.05%
SEB	F	0.02%	0.29%	0.02%
SEE	D	0.15%	0.22%	0.15%
SEM	D	0.11%	0.17%	0.11%
SFBS	D	0.06%	0.15%	0.06%
SFM	A	0.31%	0.21%	0.21%
SFNC	C	0.07%	0.19%	0.07%
SHOO	C	0.05%	0.28%	0.05%
SIG	C	0.1%	0.18%	0.1%
SKYW	C	0.09%	0.2%	0.09%
SLGN	C	0.12%	0.29%	0.12%
SLM	C	0.14%	0.25%	0.14%
SM	C	0.08%	0.16%	0.08%
SNDR	C	0.03%	0.26%	0.03%
SNV	D	0.19%	0.18%	0.18%
SON	D	0.16%	0.31%	0.16%
SPB	C	0.08%	0.22%	0.08%
SPNT	D	0.04%	0.23%	0.04%
SR	D	0.1%	0.35%	0.1%
STBA	D	0.05%	0.19%	0.05%
STEP	A	0.05%	0.19%	0.05%
STRA	F	0.06%	0.16%	0.06%
SUM	F	0.15%	0.2%	0.15%
SUPN	D	0.05%	0.16%	0.05%
SWI	C	0.02%	0.19%	0.02%
SWX	C	0.15%	0.27%	0.15%
SXI	C	0.06%	0.22%	0.06%
SXT	C	0.1%	0.27%	0.1%
SYNA	F	0.09%	0.15%	0.09%
TCBI	C	0.09%	0.21%	0.09%
TDC	D	0.08%	0.16%	0.08%
TEX	F	0.11%	0.15%	0.11%
TGNA	C	0.07%	0.26%	0.07%
THG	C	0.14%	0.33%	0.14%
TNL	C	0.09%	0.21%	0.09%
TOWN	D	0.07%	0.22%	0.07%
TPH	C	0.12%	0.2%	0.12%
TRN	C	0.08%	0.19%	0.08%
TTMI	D	0.06%	0.17%	0.06%
UBSI	D	0.15%	0.21%	0.15%
UGI	C	0.16%	0.2%	0.16%
UMBF	C	0.12%	0.21%	0.12%
UNF	A	0.08%	0.22%	0.08%
URBN	F	0.07%	0.17%	0.07%
USM	C	0.02%	0.11%	0.02%
VAC	D	0.07%	0.16%	0.07%
VCTR	A	0.04%	0.22%	0.04%
VIRT	B	0.08%	0.17%	0.08%
VLY	C	0.11%	0.15%	0.11%
VMI	B	0.17%	0.2%	0.17%
VNT	F	0.16%	0.23%	0.16%
VRNT	F	0.05%	0.11%	0.05%
VSCO	C	0.05%	0.1%	0.05%
VSH	F	0.07%	0.2%	0.07%
VSTS	D	0.05%	0.1%	0.05%
VVV	F	0.16%	0.23%	0.16%
WAFD	D	0.09%	0.19%	0.09%
WD	C	0.1%	0.21%	0.1%
WEN	D	0.09%	0.29%	0.09%
WERN	D	0.07%	0.26%	0.07%
WMK	D	0.03%	0.26%	0.03%
WOR	F	0.04%	0.18%	0.04%
WS	D	0.04%	0.11%	0.04%
WSBC	D	0.05%	0.19%	0.05%
WSFS	D	0.1%	0.18%	0.1%
WTM	C	0.13%	0.26%	0.13%
WTS	C	0.16%	0.28%	0.16%
WU	D	0.12%	0.27%	0.12%
ZD	D	0.07%	0.18%	0.07%
ZWS	A	0.13%	0.3%	0.13%

VBR Overweight 515 Positions Relative to CSA

Symbol	Grade	Weight
SW	C	0.72%
FCNCA	D	0.65%
BLDR	B	0.62%
BAH	A	0.6%
CSL	A	0.59%
ATO	A	0.54%
EME	C	0.54%
NRG	A	0.52%
THC	D	0.48%
RS	D	0.48%
UTHR	C	0.47%
IEX	D	0.46%
KIM	C	0.46%
RPM	B	0.44%
TOL	A	0.44%
RGA	C	0.43%
USFD	C	0.43%
OC	C	0.43%
PNR	B	0.43%
BG	F	0.42%
EQH	C	0.41%
RNR	A	0.4%
UHS	D	0.4%
ACM	A	0.4%
WSM	B	0.4%
KMX	F	0.39%
CPT	C	0.39%
GLPI	A	0.39%
REG	C	0.39%
JBL	C	0.37%
JNPR	B	0.37%
TTEK	A	0.37%
JLL	C	0.36%
ALLE	A	0.36%
IPG	D	0.36%
ALLY	F	0.35%
FFIV	B	0.35%
BRO	A	0.35%
EMN	C	0.35%
OVV	D	0.34%
ITT	C	0.34%
CHRW	C	0.34%
TFX	C	0.34%
PFGC	A	0.34%
EWBC	D	0.34%
HII	F	0.33%
RRX	C	0.33%
RIVN	F	0.33%
NVT	D	0.33%
HUBB	B	0.32%
SCI	D	0.32%
CACI	A	0.32%
CCK	C	0.32%
APA	F	0.31%
BJ	C	0.31%
BXP	C	0.31%
LDOS	A	0.31%
ATR	A	0.3%
AIZ	B	0.3%
OHI	C	0.29%
PNW	B	0.29%
EHC	B	0.28%
CG	B	0.28%
TPR	C	0.28%
DKS	D	0.28%
FRT	D	0.28%
AFG	B	0.28%
TAP	D	0.28%
WTRG	D	0.28%
ARMK	B	0.28%
MUSA	D	0.28%
GL	C	0.28%
HSIC	D	0.27%
PRI	A	0.27%
FHN	D	0.27%
MOS	F	0.27%
GPK	D	0.27%
CHK	D	0.27%
KBR	B	0.27%
Z	C	0.26%
DCI	C	0.26%
ORI	B	0.26%
APG	F	0.26%
CHRD	F	0.26%
INGR	B	0.26%
HRB	C	0.26%
SOLV	C	0.26%
JEF	A	0.26%
STLD	B	0.26%
UNM	A	0.26%
EGP	D	0.26%
HAS	B	0.26%
WCC	D	0.25%
MHK	B	0.25%
EVR	C	0.25%
NYT	C	0.25%
WAL	C	0.25%
FLR	C	0.25%
SF	A	0.25%
NNN	A	0.25%
MKSI	F	0.24%
DINO	D	0.24%
KNX	D	0.24%
AXTA	C	0.24%
FMC	C	0.24%
WBS	D	0.24%
FCN	C	0.24%
BRX	C	0.24%
LAD	C	0.24%
X	F	0.23%
CR	C	0.23%
BWA	C	0.23%
DOC	C	0.23%
AYI	A	0.23%
AIT	B	0.23%
OGE	A	0.23%
SNX	D	0.23%
SEIC	B	0.23%
ADC	B	0.22%
STAG	D	0.22%
SSB	C	0.22%
BPOP	D	0.22%
NI	A	0.22%
AGNC	C	0.22%
CBSH	D	0.22%
BERY	C	0.22%
FR	D	0.22%
CMA	C	0.22%
ELAN	C	0.22%
SWN	D	0.21%
OSK	F	0.21%
G	A	0.21%
NSIT	B	0.21%
VOYA	A	0.21%
UFPI	C	0.21%
FYBR	C	0.21%
ARW	C	0.21%
ACHC	F	0.21%
WTFC	C	0.21%
DVA	C	0.21%
IVZ	B	0.21%
ZION	D	0.21%
RLI	A	0.2%
SAIC	A	0.2%
PB	D	0.2%
BIO	B	0.2%
TMHC	C	0.2%
ACI	F	0.2%
MSA	F	0.2%
MTH	C	0.2%
BBWI	F	0.2%
RRC	B	0.2%
AAL	D	0.2%
JAZZ	F	0.2%
XPO	F	0.19%
VFC	B	0.19%
EVRG	C	0.19%
CFR	D	0.19%
ESNT	C	0.19%
MAT	D	0.19%
UHAL	B	0.19%
LEA	F	0.19%
AES	C	0.18%
CMC	D	0.18%
CLF	F	0.18%
RHI	D	0.18%
STWD	C	0.18%
RL	B	0.18%
FAF	C	0.18%
AN	D	0.17%
BECN	D	0.17%
AA	B	0.17%
AGCO	D	0.17%
SJM	D	0.17%
ST	F	0.17%
VNO	A	0.17%
OMF	F	0.17%
COHR	A	0.17%
LUMN	C	0.16%
NXST	F	0.16%
TKR	D	0.16%
MUR	F	0.16%
THO	C	0.16%
GAP	F	0.16%
KD	D	0.16%
WHR	C	0.16%
SRCL	A	0.16%
LAMR	C	0.16%
EPAM	F	0.16%
SIGI	D	0.16%
QRVO	F	0.16%
LKQ	F	0.16%
PARA	F	0.16%
PVH	F	0.16%
AM	A	0.15%
OLN	C	0.15%
CTLT	A	0.15%
XRAY	D	0.15%
JHG	B	0.14%
KRC	C	0.13%
CUZ	C	0.13%
SLG	C	0.13%
MDGL	F	0.13%
PSN	A	0.13%
RYN	C	0.13%
LYFT	D	0.12%
SBRA	C	0.12%
PRGO	F	0.12%
TPG	B	0.12%
ESGR	D	0.12%
AR	B	0.12%
DNB	D	0.12%
GTES	C	0.12%
CPRI	B	0.12%
CNXC	F	0.12%
PR	D	0.12%
AUR	C	0.12%
EPR	C	0.11%
HUN	C	0.11%
UCBI	B	0.11%
AMKR	F	0.11%
PNFP	D	0.11%
ALE	A	0.11%
HASI	B	0.11%
MIDD	D	0.11%
IAC	D	0.11%
ICUI	C	0.11%
NCLH	C	0.11%
COTY	F	0.1%
NUVL	B	0.1%
SKT	A	0.1%
RXO	D	0.1%
NHI	C	0.1%
ATKR	F	0.1%
PAG	D	0.1%
HIW	C	0.1%
PBF	F	0.1%
MAC	C	0.1%
BNL	C	0.1%
PCH	C	0.1%
HL	C	0.1%
LXP	D	0.09%
IOVA	F	0.09%
FL	F	0.09%
SMG	B	0.09%
PK	D	0.09%
ALIT	D	0.09%
NVST	D	0.09%
APLE	D	0.09%
AMED	D	0.09%
ENOV	F	0.08%
RNG	D	0.08%
LSXMK	D	0.08%
MGRC	D	0.08%
DEI	A	0.08%
MPW	C	0.08%
NWL	F	0.08%
WLK	C	0.08%
POST	D	0.08%
ADTN	C	0.08%
CWK	C	0.08%
PENN	D	0.08%
BHF	F	0.08%
CACC	F	0.08%
PECO	C	0.07%
HI	F	0.07%
AKR	C	0.07%
ARCH	C	0.07%
OUT	C	0.07%
MYGN	D	0.07%
ABR	C	0.07%
PPBI	D	0.07%
GT	F	0.07%
UE	C	0.07%
BXMT	C	0.07%
COMP	C	0.07%
AZTA	F	0.07%
IVT	B	0.06%
ZG	C	0.06%
VIAV	B	0.06%
B	B	0.06%
THS	D	0.06%
LITE	A	0.06%
JOBY	B	0.06%
OI	D	0.06%
GNL	D	0.06%
WLY	A	0.06%
VGR	B	0.06%
MIR	B	0.06%
IMVT	F	0.06%
OMCL	C	0.06%
IBTX	D	0.06%
SPR	F	0.06%
FTRE	F	0.06%
NATL	D	0.06%
EQC	D	0.06%
HBI	C	0.06%
CTRE	B	0.06%
SHO	D	0.06%
TDS	B	0.06%
CDE	C	0.06%
SATS	C	0.06%
GTY	C	0.05%
KN	D	0.05%
INFA	D	0.05%
LTC	D	0.05%
JBGS	C	0.05%
LEG	D	0.05%
JBLU	B	0.05%
TROX	D	0.05%
REYN	D	0.05%
PPC	D	0.05%
DRH	D	0.05%
VSAT	F	0.05%
GEO	C	0.05%
TRMK	D	0.05%
ROIC	C	0.05%
EDR	A	0.05%
BHLB	D	0.04%
SCS	F	0.04%
PBI	C	0.04%
AMRX	B	0.04%
PDM	C	0.04%
AIV	D	0.04%
KFRC	F	0.04%
EIG	C	0.04%
JELD	C	0.04%
PMT	C	0.04%
DK	F	0.04%
AAT	C	0.04%
SAFT	D	0.04%
XRX	D	0.04%
MSGE	C	0.04%
UVV	D	0.04%
HELE	D	0.04%
LC	C	0.04%
OXM	F	0.04%
BKD	F	0.04%
WABC	F	0.04%
CAR	F	0.04%
PWSC	C	0.04%
SBH	C	0.04%
CODI	D	0.04%
IART	F	0.04%
CSGS	C	0.04%
DNOW	F	0.04%
LADR	D	0.04%
ESRT	C	0.04%
UA	B	0.04%
VRTS	F	0.04%
GBX	C	0.04%
NGVT	D	0.04%
ALEX	D	0.04%
UAA	B	0.04%
BHE	C	0.04%
CXW	F	0.04%
NTCT	C	0.04%
HMN	C	0.04%
HOPE	D	0.04%
DAN	D	0.04%
APOG	C	0.04%
ARI	F	0.04%
BLMN	F	0.04%
NWN	D	0.04%
UNFI	B	0.03%
DNUT	D	0.03%
BDN	A	0.03%
CGON	C	0.03%
BRKL	D	0.03%
FG	C	0.03%
PRAA	F	0.03%
CBRL	D	0.03%
LGF.A	F	0.03%
BV	C	0.03%
DLX	F	0.03%
MD	B	0.03%
NX	F	0.03%
MMI	D	0.03%
RBRK	D	0.03%
EMBC	F	0.03%
CMTG	F	0.03%
SIRI	C	0.03%
ETWO	F	0.03%
MATV	F	0.03%
UNIT	B	0.03%
RWT	C	0.03%
RKLB	B	0.03%
GIII	D	0.03%
HTLF	C	0.03%
INVA	B	0.03%
TRS	D	0.03%
WWW	A	0.03%
ODP	F	0.03%
VSTO	B	0.03%
ATSG	D	0.03%
THR	F	0.03%
MRC	D	0.03%
CNNE	F	0.03%
DBRG	D	0.03%
AVNS	D	0.03%
CSR	D	0.03%
ACT	C	0.03%
CARS	F	0.03%
FDP	C	0.03%
ECPG	F	0.03%
OMI	F	0.03%
SCSC	D	0.03%
KALU	D	0.03%
HE	F	0.03%
TILE	D	0.02%
HTLD	F	0.02%
FOR	D	0.02%
MXL	D	0.02%
KREF	C	0.02%
SMR	B	0.02%
CNDT	B	0.02%
GES	F	0.02%
SCHL	F	0.02%
HY	F	0.02%
BGS	D	0.02%
BMBL	F	0.02%
UHAL	B	0.02%
KELYA	D	0.02%
CFFN	F	0.02%
SMMT	C	0.02%
PRA	B	0.02%
CAL	F	0.02%
TMP	C	0.02%
AMC	F	0.02%
AMWD	C	0.02%
AXL	F	0.02%
HAIN	B	0.02%
PUMP	D	0.02%
XHR	C	0.02%
HPP	F	0.02%
RGR	F	0.02%
HLIO	B	0.02%
MATW	F	0.02%
BASE	F	0.02%
ECVT	F	0.02%
ASTE	F	0.02%
MNRO	C	0.02%
PRLB	F	0.02%
HLF	F	0.02%
SVC	F	0.02%
BRSP	D	0.02%
PZZA	D	0.02%
KOP	F	0.02%
PEB	D	0.02%
HCSG	F	0.02%
EYE	F	0.02%
WNC	F	0.02%
MEI	F	0.01%
UFCS	D	0.01%
PACB	F	0.01%
RDUS	D	0.01%
OPK	D	0.01%
NPK	F	0.01%
OLPX	C	0.01%
WOOF	A	0.01%
BRCC	F	0.01%
ALX	D	0.01%
ZIP	D	0.01%
KRO	C	0.01%
DJT	F	0.01%
CRCT	C	0.01%
TGI	F	0.01%
SRCL	A	0.01%
TRTX	D	0.01%
AMCX	F	0.01%
EGBN	B	0.01%
RUSHB	D	0.01%
SWBI	F	0.01%
HTZ	F	0.01%
NAPA	F	0.01%
CENT	F	0.01%
BJRI	C	0.01%
WRLD	D	0.01%
PCRX	D	0.01%
INN	B	0.01%
CMP	D	0.01%
FWRD	C	0.01%
RMR	B	0.01%
VMEO	C	0.01%
AMK	B	0.01%
ATUS	B	0.01%
GRC	D	0.01%
NUS	F	0.01%
UDMY	F	0.01%
DAWN	D	0.01%
TWKS	B	0.01%
CCO	D	0.01%
CWH	C	0.01%
GCMG	C	0.01%
CLB	C	0.01%
DIN	D	0.01%
USNA	F	0.01%
CLBK	F	0.01%
JACK	F	0.01%
NVRI	D	0.01%
LGF.A	F	0.01%
BFS	B	0.01%
AMBC	F	0.01%
VREX	F	0.01%
SSP	D	0.0%
SCWX	B	0.0%
AC	B	0.0%
TTEC	D	0.0%
CRNC	F	0.0%
SAVE	F	0.0%
CHGG	F	0.0%
ACDC	C	0.0%
UHT	C	0.0%
DBI	F	0.0%
LDI	C	0.0%

VBR Underweight 209 Positions Relative to CSA

Symbol	Grade	Weight
MSGS	A	-0.34%
DLB	C	-0.34%
LOPE	D	-0.3%
EPAC	C	-0.3%
MMSI	C	-0.3%
CPK	C	-0.3%
MMS	C	-0.3%
NEU	F	-0.29%
COLM	D	-0.29%
NMIH	C	-0.29%
CWT	D	-0.28%
FELE	C	-0.28%
SJW	F	-0.28%
CWST	D	-0.28%
BCPC	D	-0.27%
AWI	A	-0.27%
PJT	C	-0.27%
WKC	B	-0.26%
CSWI	C	-0.26%
EXLS	A	-0.26%
KNTK	A	-0.26%
CALM	A	-0.26%
SMPL	D	-0.26%
RYAN	A	-0.25%
CASH	D	-0.25%
STC	C	-0.25%
LANC	F	-0.25%
WMG	C	-0.25%
ICFI	C	-0.25%
PATK	B	-0.24%
KWR	F	-0.24%
DFIN	D	-0.24%
EEFT	F	-0.24%
CNXN	C	-0.24%
TNC	F	-0.24%
HLNE	A	-0.24%
SNEX	C	-0.24%
ACIW	B	-0.24%
GPOR	B	-0.24%
MGY	B	-0.24%
HAE	D	-0.23%
FSS	D	-0.23%
ORA	C	-0.23%
VRRM	D	-0.23%
CXT	F	-0.22%
MWA	A	-0.22%
CRVL	C	-0.22%
ALRM	F	-0.22%
YELP	F	-0.22%
UTZ	D	-0.22%
JOE	D	-0.22%
OPCH	F	-0.22%
BMI	A	-0.22%
JBT	B	-0.22%
ADUS	D	-0.22%
JJSF	C	-0.22%
ALG	F	-0.22%
WDFC	D	-0.21%
KAI	C	-0.21%
ROG	F	-0.21%
OSW	C	-0.21%
FIZZ	F	-0.21%
IRDM	B	-0.21%
BOX	C	-0.21%
VC	F	-0.2%
NOG	C	-0.2%
UCB	D	-0.2%
CNS	C	-0.2%
DORM	D	-0.2%
ENVA	C	-0.2%
FTDR	C	-0.2%
CCOI	B	-0.2%
USLM	C	-0.2%
ROCK	D	-0.19%
BOOT	C	-0.19%
ASTH	A	-0.19%
WGO	D	-0.19%
LMAT	B	-0.19%
EFSC	D	-0.19%
FBK	D	-0.19%
CHEF	D	-0.19%
ALKS	B	-0.19%
ALTR	C	-0.19%
EXPO	A	-0.19%
SBCF	D	-0.19%
WHD	B	-0.19%
AGM	F	-0.19%
CVCO	C	-0.19%
GRBK	C	-0.19%
IPAR	F	-0.19%
ATI	C	-0.18%
HRI	C	-0.18%
ADNT	D	-0.18%
AEIS	D	-0.18%
AESI	B	-0.18%
BL	C	-0.18%
SYBT	D	-0.18%
UPBD	F	-0.18%
HGV	F	-0.18%
KTOS	A	-0.18%
LKFN	F	-0.18%
ROAD	C	-0.18%
HRMY	D	-0.18%
OLLI	C	-0.18%
PLUS	C	-0.18%
CVLT	C	-0.17%
HWKN	C	-0.17%
RDNT	C	-0.17%
MGPI	F	-0.17%
FBNC	D	-0.17%
LBRT	D	-0.17%
CCS	C	-0.17%
LCII	C	-0.17%
SAM	C	-0.17%
VSEC	D	-0.17%
HALO	C	-0.17%
MHO	C	-0.17%
SHC	C	-0.17%
CRS	C	-0.17%
GTX	F	-0.17%
FRPT	C	-0.17%
CBZ	F	-0.17%
TFIN	F	-0.16%
VAL	F	-0.16%
LOB	C	-0.16%
SKY	B	-0.16%
PLMR	B	-0.16%
SLVM	C	-0.16%
TBBK	B	-0.16%
MCW	F	-0.16%
POWI	F	-0.16%
IBP	C	-0.16%
MODG	F	-0.16%
ITRI	C	-0.16%
LTH	C	-0.16%
AGYS	D	-0.16%
AMPH	C	-0.16%
CEIX	B	-0.16%
CXM	F	-0.15%
TGLS	A	-0.15%
STRL	C	-0.15%
CALX	D	-0.15%
CNMD	D	-0.15%
CORT	B	-0.15%
LGIH	C	-0.15%
FOUR	B	-0.15%
LPG	F	-0.15%
MBIN	D	-0.15%
OII	C	-0.15%
RH	C	-0.14%
VECO	F	-0.14%
DIOD	F	-0.14%
BROS	F	-0.14%
PI	B	-0.14%
CPRX	C	-0.14%
YETI	C	-0.14%
TALO	F	-0.14%
MYRG	F	-0.14%
YOU	C	-0.14%
RAMP	F	-0.14%
GTLS	F	-0.13%
PTGX	C	-0.13%
VERX	A	-0.13%
SHAK	C	-0.13%
PRVA	F	-0.13%
HLIT	D	-0.13%
DOCS	A	-0.13%
BOWL	F	-0.13%
VICR	B	-0.13%
PAYO	A	-0.13%
APPF	C	-0.13%
DOCN	C	-0.13%
AVAV	B	-0.13%
KOS	F	-0.13%
ACLS	F	-0.12%
DFH	C	-0.12%
TRIP	F	-0.12%
ALGM	F	-0.12%
PEGA	C	-0.12%
NSSC	F	-0.12%
BFH	D	-0.12%
MOD	B	-0.12%
IESC	A	-0.12%
MNKD	B	-0.12%
GSHD	B	-0.12%
CMPR	F	-0.12%
VCEL	F	-0.12%
ADMA	C	-0.12%
RKT	D	-0.12%
UFPT	D	-0.12%
HIMS	C	-0.11%
BLBD	D	-0.11%
AMR	F	-0.11%
TDW	F	-0.11%
PAY	D	-0.11%
ARHS	F	-0.11%
FORM	F	-0.11%
FOXF	F	-0.11%
ACAD	F	-0.1%
TMDX	D	-0.1%
CHWY	C	-0.1%
CVNA	A	-0.09%
IAS	F	-0.09%
TGTX	D	-0.09%
LNTH	C	-0.09%
PGNY	F	-0.09%
POWL	B	-0.09%
RIOT	F	-0.07%
MARA	F	-0.05%