VBR vs. NUSC ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to NuShares ESG Small-Cap ETF (NUSC)

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

$213.47

Average Daily Volume

424,590

Number of Holdings ^*

794

* may have additional holdings in another (foreign) market

NUSC

NuShares ESG Small-Cap ETF

NUSC Description

Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG Small-Cap Index.

Grade (RS Rating)

Last Trade

$45.45

Average Daily Volume

80,034

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

Performance

Period	VBR	NUSC
30 Days	6.79%	7.54%
60 Days	6.95%	6.60%
90 Days	8.40%	6.98%
12 Months	33.61%	29.00%

239 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in NUSC	Overlap
AAP	C	0.06%	0.15%	0.06%
ABG	B	0.13%	0.06%	0.06%
ACA	A	0.13%	0.03%	0.03%
ACHC	F	0.11%	0.02%	0.02%
ADC	B	0.22%	0.09%	0.09%
ADTN	A	0.09%	0.22%	0.09%
AEO	F	0.1%	0.03%	0.03%
AGCO	D	0.19%	0.03%	0.03%
AGNC	D	0.21%	0.54%	0.21%
AIR	B	0.06%	0.1%	0.06%
AL	B	0.13%	0.5%	0.13%
AMBC	C	0.01%	0.05%	0.01%
AMG	B	0.16%	0.58%	0.16%
AMN	F	0.04%	0.09%	0.04%
ANDE	D	0.04%	0.15%	0.04%
APAM	B	0.09%	0.02%	0.02%
ARI	C	0.04%	0.11%	0.04%
ARMK	B	0.29%	0.57%	0.29%
AROC	B	0.09%	0.34%	0.09%
ARRY	D	0.01%	0.11%	0.01%
ASGN	F	0.11%	0.24%	0.11%
ATKR	C	0.09%	0.32%	0.09%
ATR	B	0.33%	0.04%	0.04%
AUB	B	0.1%	0.01%	0.01%
AVNT	B	0.12%	0.32%	0.12%
AXTA	A	0.24%	0.55%	0.24%
AYI	B	0.27%	0.16%	0.16%
AZTA	D	0.06%	0.11%	0.06%
BANR	B	0.06%	0.03%	0.03%
BCC	B	0.15%	0.54%	0.15%
BDC	B	0.14%	0.21%	0.14%
BECN	B	0.17%	0.32%	0.17%
BERY	B	0.22%	0.59%	0.22%
BFH	B	0.07%	0.23%	0.07%
BHE	B	0.04%	0.06%	0.04%
BHLB	B	0.03%	0.08%	0.03%
BKD	D	0.03%	0.09%	0.03%
BLKB	B	0.06%	0.26%	0.06%
BRC	D	0.09%	0.32%	0.09%
BXMT	C	0.07%	0.25%	0.07%
CADE	B	0.18%	0.03%	0.03%
CARS	B	0.03%	0.11%	0.03%
CBSH	A	0.21%	0.64%	0.21%
CCO	C	0.01%	0.04%	0.01%
CMP	C	0.01%	0.04%	0.01%
CNK	B	0.05%	0.22%	0.05%
COLM	B	0.04%	0.07%	0.04%
COMP	B	0.09%	0.24%	0.09%
CR	A	0.22%	0.82%	0.22%
CRUS	D	0.17%	0.47%	0.17%
CSGS	B	0.04%	0.15%	0.04%
CWEN	C	0.07%	0.09%	0.07%
CWEN	C	0.03%	0.09%	0.03%
CWEN	C	0.07%	0.22%	0.07%
CWEN	C	0.03%	0.22%	0.03%
CWH	B	0.02%	0.06%	0.02%
CWK	B	0.09%	0.02%	0.02%
DNOW	B	0.04%	0.15%	0.04%
DXC	B	0.1%	0.38%	0.1%
DYN	F	0.04%	0.12%	0.04%
EAT	A	0.13%	0.31%	0.13%
EE	A	0.01%	0.05%	0.01%
EGP	F	0.24%	0.38%	0.24%
ELAN	D	0.18%	0.23%	0.18%
EMBC	C	0.02%	0.07%	0.02%
EQC	B	0.06%	0.19%	0.06%
ESI	A	0.17%	0.63%	0.17%
ESNT	D	0.18%	0.06%	0.06%
ESRT	C	0.04%	0.14%	0.04%
ETWO	F	0.02%	0.05%	0.02%
EVTC	B	0.06%	0.21%	0.06%
EWBC	A	0.39%	1.01%	0.39%
EYE	C	0.02%	0.08%	0.02%
FA	C	0.03%	0.09%	0.03%
FAF	A	0.18%	0.65%	0.18%
FBP	B	0.09%	0.34%	0.09%
FCN	D	0.2%	0.54%	0.2%
FFBC	A	0.07%	0.06%	0.06%
FHN	A	0.27%	0.66%	0.27%
FIBK	A	0.08%	0.02%	0.02%
FL	F	0.06%	0.03%	0.03%
FMC	D	0.24%	0.57%	0.24%
FRT	B	0.27%	0.02%	0.02%
FTRE	D	0.04%	0.17%	0.04%
FUL	F	0.12%	0.03%	0.03%
FYBR	D	0.26%	0.23%	0.23%
GAP	B	0.15%	0.16%	0.15%
GBCI	B	0.17%	0.1%	0.1%
GBX	A	0.05%	0.16%	0.05%
GME	C	0.25%	0.36%	0.25%
GPI	A	0.14%	0.43%	0.14%
HAIN	C	0.02%	0.06%	0.02%
HAS	D	0.25%	0.32%	0.25%
HASI	D	0.12%	0.15%	0.12%
HBI	B	0.07%	0.02%	0.02%
HELE	C	0.04%	0.14%	0.04%
HNI	B	0.06%	0.25%	0.06%
HOG	D	0.11%	0.33%	0.11%
HPP	F	0.02%	0.05%	0.02%
HRB	D	0.24%	0.78%	0.24%
HURN	B	0.06%	0.12%	0.06%
HWC	B	0.13%	0.23%	0.13%
IART	C	0.04%	0.06%	0.04%
ICUI	D	0.12%	0.32%	0.12%
INDB	B	0.07%	0.15%	0.07%
INFA	D	0.06%	0.02%	0.02%
ITGR	B	0.12%	0.17%	0.12%
IVZ	B	0.22%	0.31%	0.22%
JAZZ	B	0.19%	0.15%	0.15%
JLL	D	0.38%	0.37%	0.37%
JWN	C	0.09%	0.1%	0.09%
JXN	C	0.22%	0.74%	0.22%
KBH	D	0.15%	0.08%	0.08%
KBR	F	0.26%	0.69%	0.26%
KNF	A	0.16%	0.26%	0.16%
KOP	C	0.02%	0.08%	0.02%
KRC	C	0.14%	0.41%	0.14%
KREF	D	0.02%	0.06%	0.02%
KTB	B	0.14%	0.14%	0.14%
LAD	A	0.26%	0.75%	0.26%
LCII	C	0.04%	0.18%	0.04%
LESL	C	0.0%	0.05%	0.0%
LEVI	F	0.02%	0.15%	0.02%
LGF.A	C	0.03%	0.01%	0.01%
LGF.A	C	0.01%	0.01%	0.01%
LNC	B	0.17%	0.11%	0.11%
LPX	B	0.18%	0.51%	0.18%
LRN	A	0.06%	0.4%	0.06%
LUMN	C	0.19%	0.21%	0.19%
M	D	0.12%	0.16%	0.12%
MAT	D	0.2%	0.56%	0.2%
MGRC	B	0.08%	0.03%	0.03%
MIR	A	0.09%	0.29%	0.09%
MNRO	D	0.02%	0.08%	0.02%
MODG	F	0.02%	0.12%	0.02%
MOG.A	B	0.16%	0.6%	0.16%
MRC	B	0.03%	0.11%	0.03%
MSA	D	0.18%	0.39%	0.18%
MTG	C	0.19%	0.06%	0.06%
MTH	D	0.19%	0.02%	0.02%
MTX	B	0.07%	0.26%	0.07%
MUSA	A	0.26%	0.93%	0.26%
MYGN	F	0.03%	0.07%	0.03%
NABL	F	0.01%	0.03%	0.01%
NBTB	B	0.06%	0.02%	0.02%
NJR	A	0.13%	0.45%	0.13%
NNI	D	0.04%	0.02%	0.02%
NSIT	F	0.17%	0.26%	0.17%
NVST	B	0.11%	0.08%	0.08%
NWL	B	0.1%	0.32%	0.1%
NYT	C	0.25%	0.39%	0.25%
OGS	A	0.12%	0.41%	0.12%
OHI	C	0.32%	0.46%	0.32%
OMCL	C	0.07%	0.21%	0.07%
OMI	F	0.03%	0.09%	0.03%
ONB	B	0.18%	0.13%	0.13%
ORI	A	0.24%	0.02%	0.02%
OUT	A	0.07%	0.17%	0.07%
OZK	B	0.14%	0.32%	0.14%
PBI	B	0.04%	0.12%	0.04%
PCH	D	0.1%	0.32%	0.1%
PDCO	D	0.05%	0.08%	0.05%
PDM	D	0.04%	0.02%	0.02%
PFGC	B	0.37%	0.03%	0.03%
PFSI	D	0.07%	0.36%	0.07%
PNFP	B	0.11%	0.08%	0.08%
PRA	C	0.02%	0.08%	0.02%
PRAA	C	0.02%	0.03%	0.02%
PRG	C	0.05%	0.15%	0.05%
PRGO	B	0.1%	0.03%	0.03%
PRGS	A	0.08%	0.2%	0.08%
PRI	A	0.27%	0.54%	0.27%
PRIM	A	0.09%	0.26%	0.09%
PVH	C	0.16%	0.27%	0.16%
R	B	0.18%	0.62%	0.18%
REZI	A	0.08%	0.35%	0.08%
RGA	A	0.41%	0.63%	0.41%
RHI	B	0.2%	0.5%	0.2%
RNA	D	0.07%	0.29%	0.07%
RNST	B	0.06%	0.02%	0.02%
RUSHA	C	0.1%	0.14%	0.1%
RUSHB	B	0.01%	0.04%	0.01%
SBH	C	0.04%	0.02%	0.02%
SBRA	C	0.13%	0.02%	0.02%
SCHL	D	0.01%	0.06%	0.01%
SCI	B	0.33%	1.02%	0.33%
SCL	C	0.05%	0.16%	0.05%
SFM	A	0.38%	0.22%	0.22%
SIG	B	0.11%	0.07%	0.07%
SIGI	C	0.16%	0.02%	0.02%
SNV	B	0.2%	0.37%	0.2%
SON	D	0.15%	0.01%	0.01%
SPB	C	0.07%	0.25%	0.07%
SR	A	0.1%	0.03%	0.03%
SSB	B	0.22%	0.4%	0.22%
ST	F	0.15%	0.02%	0.02%
STBA	B	0.04%	0.14%	0.04%
STWD	C	0.18%	0.32%	0.18%
SWX	B	0.13%	0.16%	0.13%
SXT	B	0.09%	0.27%	0.09%
TDC	D	0.09%	0.11%	0.09%
TGI	B	0.01%	0.05%	0.01%
TGNA	B	0.08%	0.25%	0.08%
THG	A	0.14%	0.05%	0.05%
THO	B	0.15%	0.33%	0.15%
TILE	B	0.01%	0.14%	0.01%
TMHC	B	0.2%	0.15%	0.15%
TPH	D	0.11%	0.03%	0.03%
TPR	B	0.32%	0.36%	0.32%
UGI	A	0.15%	0.47%	0.15%
UMBF	B	0.13%	0.02%	0.02%
UNIT	B	0.03%	0.13%	0.03%
UNM	A	0.28%	0.15%	0.15%
USFD	A	0.44%	0.73%	0.44%
VAC	B	0.07%	0.06%	0.06%
VCTR	B	0.04%	0.26%	0.04%
VFC	C	0.24%	0.04%	0.04%
VLY	B	0.12%	0.35%	0.12%
VMEO	B	0.01%	0.05%	0.01%
VNT	B	0.17%	0.15%	0.15%
VOYA	B	0.23%	0.12%	0.12%
VREX	C	0.01%	0.05%	0.01%
VVV	F	0.15%	0.49%	0.15%
VYX	B	0.05%	0.19%	0.05%
WAL	B	0.25%	0.63%	0.25%
WBS	A	0.26%	0.43%	0.26%
WCC	B	0.28%	0.2%	0.2%
WD	D	0.1%	0.35%	0.1%
WHR	B	0.17%	0.16%	0.16%
WNC	C	0.02%	0.08%	0.02%
WOOF	D	0.01%	0.04%	0.01%
WT	B	0.04%	0.13%	0.04%
WTM	A	0.13%	0.48%	0.13%
XHR	B	0.02%	0.15%	0.02%
XPO	B	0.21%	0.31%	0.21%
XRX	F	0.03%	0.04%	0.03%
ZD	B	0.06%	0.25%	0.06%
ZION	B	0.22%	0.31%	0.22%
ZIP	F	0.01%	0.03%	0.01%

VBR Overweight 557 Positions Relative to NUSC

Symbol	Grade	Weight
SW	A	0.78%
BAH	F	0.69%
EME	C	0.61%
FCNCA	A	0.61%
BLDR	D	0.58%
ATO	A	0.58%
CSL	C	0.57%
NRG	B	0.55%
UTHR	C	0.49%
RPM	A	0.48%
PNR	A	0.48%
KIM	A	0.47%
IEX	B	0.47%
RS	B	0.46%
OC	A	0.45%
TOL	B	0.44%
THC	D	0.43%
ACM	B	0.42%
EQH	B	0.42%
FFIV	B	0.4%
RNR	C	0.4%
JBL	B	0.39%
WSM	B	0.39%
REG	B	0.38%
GLPI	C	0.38%
TTEK	F	0.38%
JNPR	F	0.37%
ALLE	D	0.36%
EMN	D	0.36%
CACI	D	0.36%
LDOS	C	0.36%
CPT	B	0.36%
NVT	B	0.36%
BG	F	0.35%
SJM	D	0.34%
CHRW	C	0.34%
UHS	D	0.34%
CG	A	0.34%
AES	F	0.34%
BJ	A	0.33%
CCK	C	0.33%
KMX	B	0.33%
ITT	A	0.33%
BXP	D	0.33%
HUBB	B	0.33%
IPG	D	0.32%
RRX	B	0.32%
EPAM	C	0.3%
FBIN	D	0.3%
OVV	B	0.3%
AA	B	0.3%
AIZ	A	0.29%
PNW	B	0.29%
EHC	B	0.29%
SOLV	C	0.29%
SF	B	0.29%
TAP	C	0.28%
TFX	F	0.28%
GL	B	0.28%
WTRG	B	0.28%
STLD	B	0.28%
ALLY	C	0.28%
EVR	B	0.28%
LKQ	D	0.28%
AFG	A	0.28%
JEF	A	0.27%
Z	A	0.27%
MLI	C	0.27%
ALSN	B	0.27%
APA	D	0.26%
SEIC	B	0.26%
DTM	B	0.26%
AAL	B	0.26%
DCI	B	0.26%
AIT	A	0.26%
HSIC	B	0.26%
FLR	B	0.26%
APG	B	0.25%
CMA	A	0.25%
GPK	C	0.25%
MOS	F	0.25%
INGR	B	0.25%
BRX	A	0.24%
WTFC	A	0.23%
CHRD	D	0.23%
DKS	C	0.23%
DOC	D	0.23%
X	C	0.23%
NI	A	0.23%
NNN	D	0.23%
KNX	B	0.23%
OGE	B	0.23%
SAIC	F	0.22%
SNX	C	0.22%
VNO	B	0.22%
RL	B	0.22%
BWA	D	0.22%
ESAB	B	0.21%
UFPI	B	0.21%
COHR	B	0.21%
MHK	D	0.21%
HII	D	0.21%
CFR	B	0.21%
MKSI	C	0.2%
ANF	C	0.2%
QRVO	F	0.2%
RLI	B	0.2%
STAG	F	0.2%
G	B	0.2%
RRC	B	0.2%
FLS	B	0.2%
BIO	D	0.2%
FR	D	0.2%
MIDD	C	0.2%
BPOP	B	0.19%
EVRG	A	0.19%
UHAL	D	0.19%
PB	A	0.19%
KEX	C	0.19%
OSK	B	0.19%
ALK	C	0.18%
CLF	F	0.18%
CMC	B	0.18%
BBWI	D	0.18%
DINO	D	0.18%
ARW	D	0.18%
VMI	B	0.18%
SRCL	C	0.17%
ACI	C	0.17%
LAMR	D	0.17%
PARA	C	0.17%
SUM	B	0.17%
SIRI	C	0.17%
DVA	B	0.17%
CBT	C	0.17%
AXS	A	0.17%
OMF	A	0.17%
COLB	A	0.17%
LEA	D	0.16%
NXST	C	0.16%
COOP	B	0.16%
IDA	A	0.16%
NFG	A	0.16%
TPG	A	0.16%
ALB	C	0.16%
NCLH	B	0.16%
MDU	D	0.16%
UBSI	B	0.15%
PSN	D	0.15%
MATX	C	0.15%
FNB	A	0.15%
WTS	B	0.15%
TKR	D	0.15%
AN	C	0.15%
RDN	C	0.15%
JHG	A	0.15%
BC	C	0.15%
KD	B	0.15%
RYN	D	0.14%
CUZ	B	0.14%
XRAY	F	0.14%
PIPR	B	0.14%
AVT	C	0.14%
MDGL	B	0.14%
SLM	A	0.14%
OLN	D	0.14%
OGN	D	0.14%
AM	A	0.14%
AUR	C	0.14%
POR	C	0.14%
CNX	A	0.14%
SLG	B	0.14%
HOMB	A	0.14%
GATX	A	0.14%
ZWS	B	0.14%
RIVN	F	0.13%
PR	B	0.13%
BCO	D	0.13%
FFIN	B	0.13%
LYFT	C	0.13%
MUR	D	0.13%
GTES	A	0.13%
DNB	B	0.12%
MAC	B	0.12%
ABCB	B	0.12%
EDR	A	0.12%
BKH	A	0.12%
SLGN	A	0.12%
AGO	B	0.12%
CRC	A	0.12%
MGM	D	0.12%
FLO	D	0.12%
SEE	C	0.12%
HUN	F	0.11%
SKYW	B	0.11%
CDP	C	0.11%
SKT	B	0.11%
WU	D	0.11%
SANM	B	0.11%
PBH	A	0.11%
AX	A	0.11%
ASO	F	0.11%
GVA	A	0.11%
ESGR	B	0.11%
KFY	B	0.11%
ALE	A	0.11%
PII	D	0.11%
SMG	D	0.11%
NUVL	D	0.11%
KMPR	B	0.11%
AR	B	0.11%
HL	D	0.11%
MTZ	B	0.11%
ENS	D	0.11%
ASH	D	0.11%
PLXS	B	0.11%
PNM	F	0.11%
BEN	C	0.1%
WBA	F	0.1%
MGEE	C	0.1%
NWE	A	0.1%
OTTR	C	0.1%
TEX	D	0.1%
FULT	A	0.1%
WEN	D	0.1%
HCC	B	0.1%
BNL	D	0.1%
ABM	B	0.1%
SEM	B	0.1%
BGC	C	0.1%
NHI	D	0.1%
UCB	A	0.1%
ASB	B	0.1%
IBOC	A	0.1%
EPR	D	0.1%
CNO	A	0.1%
IAC	D	0.1%
GMS	B	0.1%
MSM	C	0.1%
HIW	D	0.1%
TCBI	B	0.1%
GNW	A	0.09%
WSFS	A	0.09%
AVA	A	0.09%
DEI	B	0.09%
MAN	D	0.09%
SATS	D	0.09%
PENN	C	0.09%
PTEN	C	0.09%
PAG	B	0.09%
NPO	A	0.09%
AWR	B	0.09%
AMED	F	0.09%
BTU	B	0.09%
CATY	B	0.09%
FHB	A	0.09%
TNL	A	0.09%
EBC	B	0.09%
APLE	B	0.09%
CBU	B	0.09%
FHI	A	0.09%
ESE	B	0.09%
AKR	B	0.08%
CVBF	A	0.08%
COTY	F	0.08%
CXT	B	0.08%
LXP	D	0.08%
ABR	C	0.08%
BKU	A	0.08%
NSP	D	0.08%
PBF	D	0.08%
TDS	B	0.08%
IOSP	B	0.08%
UE	C	0.08%
UNF	B	0.08%
CC	C	0.08%
SYNA	C	0.08%
DBRG	F	0.08%
GHC	C	0.08%
PK	B	0.08%
WAFD	B	0.08%
SFNC	B	0.08%
MPW	F	0.08%
ALIT	C	0.08%
GFF	A	0.08%
RNG	B	0.08%
AMKR	D	0.08%
TRN	B	0.08%
IOVA	F	0.08%
BOH	B	0.08%
BHF	B	0.08%
ATGE	B	0.08%
BYD	C	0.07%
GT	C	0.07%
ENR	B	0.07%
ENOV	C	0.07%
CDE	D	0.07%
PFS	B	0.07%
PECO	A	0.07%
CNXC	F	0.07%
VSCO	B	0.07%
BOKF	B	0.07%
SM	B	0.07%
DY	D	0.07%
HAYW	B	0.07%
PPBI	B	0.07%
ARCB	C	0.07%
PRK	B	0.07%
URBN	C	0.07%
ARCH	B	0.07%
HUBG	A	0.07%
WLK	D	0.07%
POST	C	0.07%
VIRT	B	0.07%
NMRK	B	0.06%
NATL	B	0.06%
CGON	F	0.06%
TRMK	B	0.06%
IMVT	F	0.06%
RXO	C	0.06%
PHIN	A	0.06%
HI	C	0.06%
KSS	F	0.06%
KMT	B	0.06%
BANF	B	0.06%
MHO	D	0.06%
WLY	B	0.06%
GEO	B	0.06%
PINC	B	0.06%
SMMT	D	0.06%
STRA	C	0.06%
PSMT	C	0.06%
SFBS	B	0.06%
ZG	A	0.06%
VIAV	B	0.06%
SHO	C	0.06%
IBTX	B	0.06%
FRME	B	0.06%
LAUR	A	0.06%
MTRN	C	0.06%
VSH	D	0.06%
CAKE	C	0.06%
AIN	C	0.06%
IVT	B	0.06%
TOWN	B	0.06%
B	B	0.06%
OSIS	B	0.06%
IPGP	D	0.06%
AZZ	B	0.06%
WERN	C	0.06%
TTMI	B	0.06%
JOBY	B	0.06%
SXI	B	0.06%
CPRI	F	0.06%
SHOO	D	0.05%
MLKN	D	0.05%
LZB	B	0.05%
DDS	B	0.05%
FCF	A	0.05%
UAA	C	0.05%
HEES	B	0.05%
CHCO	B	0.05%
APOG	B	0.05%
LTC	B	0.05%
DRH	B	0.05%
HE	C	0.05%
NWBI	B	0.05%
THS	D	0.05%
NBHC	B	0.05%
GOLF	B	0.05%
PZZA	D	0.05%
KAR	B	0.05%
PPC	C	0.05%
EPC	D	0.05%
OI	C	0.05%
STEP	B	0.05%
VSTS	C	0.05%
WSBC	B	0.05%
SUPN	C	0.05%
GNL	F	0.05%
CRGY	B	0.05%
LGND	B	0.05%
MCY	A	0.05%
OFG	B	0.05%
ROIC	A	0.05%
CRI	D	0.05%
EIG	B	0.04%
AAT	B	0.04%
FDP	B	0.04%
SPNT	A	0.04%
VC	D	0.04%
WS	B	0.04%
GO	C	0.04%
VRE	B	0.04%
BKE	B	0.04%
LADR	B	0.04%
RRR	D	0.04%
WABC	B	0.04%
REVG	B	0.04%
VRNT	C	0.04%
CAR	C	0.04%
ALEX	C	0.04%
NX	C	0.04%
HTH	B	0.04%
CODI	B	0.04%
BLMN	F	0.04%
REYN	D	0.04%
HOPE	B	0.04%
NTCT	C	0.04%
TROX	D	0.04%
UPBD	B	0.04%
CXW	B	0.04%
SMR	B	0.04%
KN	B	0.04%
VRTS	B	0.04%
WKC	D	0.04%
JBGS	D	0.04%
NWN	A	0.04%
ELME	D	0.04%
HP	B	0.04%
CENTA	C	0.04%
LC	A	0.04%
HMN	B	0.04%
NGVT	B	0.04%
NHC	C	0.04%
GEF	A	0.04%
LEG	F	0.04%
GTY	B	0.04%
HLIO	B	0.04%
NPAB	B	0.04%
CABO	C	0.04%
AVNS	F	0.03%
MMI	B	0.03%
THR	B	0.03%
SCSC	B	0.03%
BV	B	0.03%
JACK	D	0.03%
BRKL	B	0.03%
DK	C	0.03%
DNUT	D	0.03%
RWT	D	0.03%
USM	B	0.03%
ODP	F	0.03%
DAN	D	0.03%
UA	B	0.03%
WMK	C	0.03%
SCS	C	0.03%
KWR	C	0.03%
INSW	F	0.03%
ECPG	B	0.03%
TRS	B	0.03%
INVA	D	0.03%
SNDR	B	0.03%
CBRL	C	0.03%
MD	B	0.03%
ACT	D	0.03%
KFRC	D	0.03%
FBRT	C	0.03%
CSR	B	0.03%
ATSG	B	0.03%
OXM	D	0.03%
HTLF	B	0.03%
VSAT	F	0.03%
NAVI	C	0.03%
SAFT	C	0.03%
RBRK	A	0.03%
CNNE	B	0.03%
MSGE	F	0.03%
KALU	C	0.03%
AIV	C	0.03%
JELD	F	0.03%
UNFI	A	0.03%
WOR	F	0.03%
VSTO	A	0.03%
GIII	D	0.03%
WWW	B	0.03%
PMT	D	0.03%
AMRX	C	0.03%
UVV	B	0.03%
CMPR	D	0.02%
SVC	F	0.02%
ATUS	C	0.02%
DAWN	F	0.02%
CVI	F	0.02%
FOR	F	0.02%
NAPA	B	0.02%
BASE	C	0.02%
PUMP	B	0.02%
KELYA	F	0.02%
HY	D	0.02%
AXL	C	0.02%
BGS	F	0.02%
UHAL	D	0.02%
RGR	F	0.02%
SWI	B	0.02%
SEB	F	0.02%
BMBL	D	0.02%
MATW	C	0.02%
PRLB	A	0.02%
ECVT	C	0.02%
AMWD	C	0.02%
HLF	C	0.02%
ASTE	B	0.02%
CFFN	B	0.02%
PCRX	C	0.02%
CMTG	F	0.02%
TMP	B	0.02%
SAH	A	0.02%
FG	B	0.02%
BRSP	B	0.02%
MATV	D	0.02%
HCSG	C	0.02%
DLX	B	0.02%
BDN	C	0.02%
JBLU	F	0.02%
OLPX	D	0.01%
OPK	C	0.01%
TWKS	D	0.01%
DIN	C	0.01%
CENT	C	0.01%
ALX	D	0.01%
KRO	D	0.01%
SWBI	C	0.01%
CNDT	C	0.01%
TRTX	B	0.01%
SRCL	C	0.01%
HTZ	C	0.01%
CRCT	F	0.01%
NVRI	F	0.01%
INN	D	0.01%
WRLD	C	0.01%
RMR	F	0.01%
EGBN	B	0.01%
GRC	A	0.01%
SSTK	F	0.01%
PTVE	B	0.01%
BJRI	B	0.01%
FWRD	D	0.01%
USNA	C	0.01%
CLB	B	0.01%
CLBK	B	0.01%
HTLD	B	0.01%
BFS	C	0.01%
DJT	C	0.01%
GCMG	B	0.01%
MXL	C	0.01%
CAL	D	0.01%
GES	F	0.01%
SCWX	B	0.0%
AC	C	0.0%
AMCX	C	0.0%
ACDC	C	0.0%
TASK	C	0.0%
LDI	C	0.0%
GEF	A	0.0%
NUS	D	0.0%
BRCC	F	0.0%

VBR Underweight 244 Positions Relative to NUSC

Symbol	Grade	Weight
NTNX	A	-0.89%
CASY	A	-0.76%
CVLT	B	-0.73%
CNM	D	-0.73%
EXLS	B	-0.72%
FTI	A	-0.72%
PCOR	B	-0.71%
FRPT	B	-0.67%
DAR	C	-0.64%
BMI	B	-0.63%
RHP	B	-0.62%
FIX	A	-0.6%
CHX	C	-0.57%
BCPC	B	-0.56%
AAON	B	-0.56%
ACIW	B	-0.56%
TRNO	F	-0.56%
MOD	A	-0.55%
SAIA	B	-0.55%
REXR	F	-0.55%
CROX	D	-0.53%
ITRI	B	-0.5%
FLEX	A	-0.48%
WMS	D	-0.48%
GNRC	B	-0.48%
BFAM	D	-0.47%
WEX	D	-0.47%
IDCC	B	-0.45%
ALKS	B	-0.44%
FTDR	A	-0.42%
DLB	B	-0.42%
WFRD	D	-0.41%
PLNT	A	-0.39%
SITE	D	-0.39%
RGLD	C	-0.38%
MTN	C	-0.37%
BLD	D	-0.37%
PJT	A	-0.35%
WHD	B	-0.34%
SPSC	C	-0.33%
ONTO	D	-0.33%
LSCC	D	-0.31%
ENSG	D	-0.31%
NOVT	D	-0.3%
HAE	C	-0.3%
HXL	D	-0.29%
AZEK	A	-0.29%
HIMS	C	-0.29%
CRVL	A	-0.28%
EPRT	B	-0.28%
POWL	C	-0.28%
CPK	A	-0.27%
NOV	C	-0.27%
EPAC	B	-0.26%
ENV	B	-0.26%
TBBK	B	-0.26%
NARI	C	-0.25%
PLMR	B	-0.25%
RCM	F	-0.24%
CYTK	F	-0.24%
PAR	B	-0.24%
JBT	B	-0.23%
WDFC	B	-0.22%
CRNX	C	-0.22%
PRCT	B	-0.21%
PCVX	D	-0.21%
TNET	D	-0.21%
EFSC	B	-0.21%
CASH	A	-0.2%
MRCY	B	-0.2%
MGNI	A	-0.2%
RYAN	B	-0.2%
VKTX	F	-0.19%
YETI	C	-0.19%
LBPH	A	-0.19%
STC	B	-0.19%
DV	C	-0.18%
HQY	B	-0.18%
WSC	D	-0.18%
GKOS	B	-0.18%
WGO	C	-0.17%
CALX	D	-0.17%
VERA	B	-0.17%
SHC	F	-0.17%
VSEC	C	-0.17%
RUN	F	-0.17%
WRBY	B	-0.17%
RDNT	B	-0.16%
HCP	B	-0.16%
SONO	C	-0.16%
GTLB	B	-0.16%
DFIN	D	-0.16%
ROG	D	-0.15%
MRUS	F	-0.15%
PLUG	F	-0.15%
SLAB	D	-0.15%
MYRG	B	-0.15%
TRIP	F	-0.14%
GH	B	-0.14%
SJW	D	-0.14%
GERN	D	-0.14%
RXST	F	-0.14%
IDYA	F	-0.14%
PEB	D	-0.14%
KLIC	B	-0.14%
NEO	C	-0.13%
PLAY	D	-0.13%
INTA	A	-0.13%
LNN	B	-0.13%
HLIT	D	-0.13%
CLVT	F	-0.13%
WVE	C	-0.12%
SAVA	D	-0.12%
ESTC	C	-0.12%
DNLI	D	-0.12%
EWTX	C	-0.12%
IRDM	D	-0.12%
RXRX	F	-0.12%
TARS	B	-0.12%
QNST	B	-0.11%
CUBE	D	-0.11%
PEBO	A	-0.11%
DGII	B	-0.11%
ARVN	D	-0.11%
XPRO	F	-0.11%
BZH	B	-0.1%
PEN	B	-0.1%
EXPI	C	-0.1%
ARQT	C	-0.1%
CFLT	B	-0.1%
BRKR	D	-0.1%
PYCR	C	-0.1%
IRON	B	-0.1%
ERII	D	-0.1%
PLYA	B	-0.09%
WOLF	F	-0.09%
VVI	C	-0.09%
COUR	F	-0.09%
LFUS	F	-0.09%
KYMR	D	-0.09%
PDFS	C	-0.09%
VRDN	D	-0.09%
CSTL	D	-0.08%
JOE	F	-0.08%
NVCR	C	-0.08%
MBUU	C	-0.08%
CRSP	D	-0.08%
VITL	D	-0.08%
SMP	B	-0.07%
LCID	F	-0.07%
KURA	F	-0.07%
SRRK	B	-0.07%
CDMO	B	-0.07%
IBCP	B	-0.07%
CECO	A	-0.07%
CGEM	F	-0.06%
VECO	F	-0.06%
COGT	D	-0.06%
HZO	D	-0.06%
AMAL	B	-0.06%
INFN	C	-0.06%
ETNB	C	-0.06%
LPRO	C	-0.06%
RPAY	D	-0.06%
STGW	B	-0.06%
GOGO	C	-0.05%
ELVN	D	-0.05%
FIVE	F	-0.05%
WEAV	B	-0.05%
RCUS	F	-0.05%
SNDX	F	-0.05%
PNTG	D	-0.05%
BHB	B	-0.05%
PAHC	C	-0.05%
MLNK	B	-0.05%
MNMD	C	-0.05%
MCS	B	-0.05%
CTLP	B	-0.05%
EYPT	F	-0.05%
KTOS	B	-0.05%
PRTA	F	-0.05%
ADV	D	-0.04%
FNA	C	-0.04%
ALTR	B	-0.04%
XPOF	C	-0.04%
STAA	F	-0.04%
ZEUS	C	-0.04%
KW	B	-0.04%
NOVA	F	-0.04%
HUMA	F	-0.04%
MAX	F	-0.04%
RBBN	C	-0.04%
ARKO	C	-0.04%
PLRX	F	-0.04%
RVNC	F	-0.04%
BOX	B	-0.04%
IMNM	F	-0.04%
ARCT	F	-0.04%
HAFC	A	-0.04%
NRIX	D	-0.04%
RDUS	C	-0.04%
KE	C	-0.03%
DMRC	C	-0.03%
OFIX	B	-0.03%
TITN	C	-0.03%
MOV	C	-0.03%
VERV	F	-0.03%
PACK	B	-0.03%
LAZR	F	-0.03%
DEA	D	-0.03%
SVRA	D	-0.03%
MEI	D	-0.03%
DBX	B	-0.03%
TRDA	B	-0.03%
CCRN	F	-0.03%
TBPH	C	-0.03%
ETSY	D	-0.03%
PHAT	F	-0.03%
CBL	A	-0.03%
GTN	F	-0.03%
CYRX	F	-0.03%
CNMD	C	-0.02%
IMAX	B	-0.02%
BANC	A	-0.02%
TDOC	C	-0.02%
HGV	B	-0.02%
EWCZ	F	-0.02%
RAMP	C	-0.02%
FLGT	F	-0.02%
CTS	C	-0.02%
LILA	D	-0.02%
MWA	B	-0.02%
ALEC	F	-0.02%
PLOW	D	-0.02%
CRMT	C	-0.02%
AHH	D	-0.02%
NMIH	D	-0.02%
NUVB	C	-0.02%
EB	C	-0.02%
ATEX	D	-0.02%
TMCI	D	-0.02%
ESTA	D	-0.01%
LYEL	F	-0.01%
JAMF	F	-0.01%