VBR vs. ONEO ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to SPDR Russell 1000 Momentum Focus ETF (ONEO)

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

$201.58

Average Daily Volume

401,089

Number of Holdings ^*

795

* may have additional holdings in another (foreign) market

ONEO

SPDR Russell 1000 Momentum Focus ETF

ONEO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Momentum Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising high momentum characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.90

Average Daily Volume

6,069

Number of Holdings ^*

884

* may have additional holdings in another (foreign) market

Performance

Period	VBR	ONEO
30 Days	2.47%	1.89%
60 Days	3.48%	3.62%
90 Days	9.07%	5.33%
12 Months	23.76%	22.62%

287 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in ONEO	Overlap
AA	D	0.17%	0.0%	0.0%
AAL	D	0.2%	0.03%	0.03%
AAP	F	0.08%	0.05%	0.05%
ACHC	C	0.21%	0.02%	0.02%
ACI	F	0.2%	0.07%	0.07%
ACM	B	0.4%	0.09%	0.09%
ADC	C	0.22%	0.01%	0.01%
ADTN	F	0.08%	0.01%	0.01%
AES	C	0.18%	0.09%	0.09%
AFG	B	0.28%	0.11%	0.11%
AGCO	D	0.17%	0.04%	0.04%
AGO	C	0.12%	0.16%	0.12%
AIZ	B	0.3%	0.09%	0.09%
AL	D	0.14%	0.07%	0.07%
ALK	C	0.13%	0.08%	0.08%
ALLE	B	0.36%	0.09%	0.09%
ALLY	F	0.35%	0.04%	0.04%
ALSN	B	0.24%	0.3%	0.24%
AM	B	0.15%	0.07%	0.07%
AMED	C	0.09%	0.02%	0.02%
AMG	C	0.16%	0.21%	0.16%
AMKR	F	0.11%	0.13%	0.11%
AN	D	0.17%	0.03%	0.03%
APA	F	0.31%	0.03%	0.03%
APG	D	0.26%	0.07%	0.07%
AR	D	0.12%	0.03%	0.03%
ARMK	B	0.28%	0.24%	0.24%
ARW	C	0.21%	0.03%	0.03%
ASH	D	0.13%	0.02%	0.02%
ATO	B	0.54%	0.17%	0.17%
ATR	B	0.3%	0.1%	0.1%
AXS	B	0.18%	0.06%	0.06%
AXTA	C	0.24%	0.04%	0.04%
AYI	B	0.23%	0.23%	0.23%
AZTA	D	0.07%	0.01%	0.01%
BAH	B	0.6%	0.13%	0.13%
BBWI	F	0.2%	0.12%	0.12%
BC	C	0.16%	0.04%	0.04%
BERY	B	0.22%	0.04%	0.04%
BG	D	0.42%	0.15%	0.15%
BJ	D	0.31%	0.4%	0.31%
BLDR	C	0.62%	0.48%	0.48%
BOKF	B	0.07%	0.01%	0.01%
BPOP	C	0.22%	0.05%	0.05%
BRO	C	0.35%	0.15%	0.15%
BRX	B	0.24%	0.04%	0.04%
BWA	D	0.23%	0.12%	0.12%
BXP	B	0.31%	0.02%	0.02%
CACC	D	0.08%	0.02%	0.02%
CACC	D	0.08%	0.03%	0.03%
CACI	B	0.32%	0.22%	0.22%
CBSH	C	0.22%	0.03%	0.03%
CC	F	0.09%	0.04%	0.04%
CCK	A	0.32%	0.07%	0.07%
CFR	C	0.19%	0.01%	0.01%
CHK	D	0.27%	0.13%	0.13%
CHRD	F	0.26%	0.26%	0.26%
CHRW	B	0.34%	0.02%	0.02%
CLF	F	0.18%	0.08%	0.08%
CMA	B	0.22%	0.07%	0.07%
COLB	B	0.15%	0.03%	0.03%
COTY	F	0.1%	0.01%	0.01%
CPT	B	0.39%	0.03%	0.03%
CR	C	0.23%	0.11%	0.11%
CRI	C	0.07%	0.06%	0.06%
CRUS	D	0.23%	0.25%	0.23%
CSL	C	0.59%	0.19%	0.19%
CTLT	B	0.15%	0.02%	0.02%
CUZ	B	0.13%	0.01%	0.01%
CWEN	B	0.07%	0.01%	0.01%
CWEN	B	0.03%	0.01%	0.01%
DCI	D	0.26%	0.11%	0.11%
DDS	D	0.03%	0.04%	0.03%
DINO	D	0.24%	0.14%	0.14%
DKS	D	0.28%	0.48%	0.28%
DNB	C	0.12%	0.01%	0.01%
DOC	C	0.23%	0.02%	0.02%
DTM	B	0.22%	0.09%	0.09%
DVA	B	0.21%	0.23%	0.21%
DXC	C	0.11%	0.15%	0.11%
EGP	B	0.26%	0.02%	0.02%
EHC	B	0.28%	0.14%	0.14%
EME	B	0.54%	0.37%	0.37%
EMN	B	0.35%	0.16%	0.16%
ENOV	F	0.08%	0.01%	0.01%
EPAM	D	0.16%	0.26%	0.16%
EPR	B	0.11%	0.02%	0.02%
EQH	C	0.41%	0.04%	0.04%
ESAB	C	0.18%	0.08%	0.08%
ESI	D	0.17%	0.04%	0.04%
EVR	B	0.25%	0.22%	0.22%
EVRG	A	0.19%	0.07%	0.07%
EWBC	C	0.34%	0.11%	0.11%
FAF	B	0.18%	0.02%	0.02%
FCN	C	0.24%	0.04%	0.04%
FCNCA	D	0.65%	0.43%	0.43%
FFIV	A	0.35%	0.34%	0.34%
FHB	C	0.09%	0.01%	0.01%
FHN	D	0.27%	0.06%	0.06%
FLO	C	0.13%	0.06%	0.06%
FLS	D	0.19%	0.11%	0.11%
FMC	C	0.24%	0.01%	0.01%
FNB	D	0.16%	0.03%	0.03%
FR	C	0.22%	0.02%	0.02%
FRT	C	0.28%	0.03%	0.03%
FTRE	F	0.06%	0.04%	0.04%
FYBR	C	0.21%	0.22%	0.21%
G	C	0.21%	0.03%	0.03%
GAP	F	0.16%	0.16%	0.16%
GL	C	0.28%	0.17%	0.17%
GLPI	B	0.39%	0.06%	0.06%
GO	F	0.05%	0.05%	0.05%
GPK	B	0.27%	0.07%	0.07%
GTES	C	0.12%	0.08%	0.08%
HAS	B	0.26%	0.01%	0.01%
HAYW	C	0.06%	0.01%	0.01%
HII	C	0.33%	0.19%	0.19%
HIW	B	0.1%	0.03%	0.03%
HOG	C	0.13%	0.11%	0.11%
HRB	C	0.26%	0.34%	0.26%
HSIC	C	0.27%	0.01%	0.01%
HUBB	B	0.32%	0.09%	0.09%
HUN	D	0.11%	0.01%	0.01%
IAC	C	0.11%	0.02%	0.02%
IDA	B	0.15%	0.02%	0.02%
IEX	D	0.46%	0.06%	0.06%
INFA	D	0.05%	0.01%	0.01%
INGR	A	0.26%	0.25%	0.25%
IPG	C	0.36%	0.06%	0.06%
IPGP	F	0.05%	0.02%	0.02%
ITT	C	0.34%	0.23%	0.23%
IVZ	C	0.21%	0.01%	0.01%
JAZZ	D	0.2%	0.04%	0.04%
JBL	D	0.37%	0.48%	0.37%
JEF	B	0.26%	0.01%	0.01%
JHG	B	0.14%	0.12%	0.12%
JLL	B	0.36%	0.1%	0.1%
JNPR	A	0.37%	0.05%	0.05%
JWN	B	0.06%	0.07%	0.06%
KBR	D	0.27%	0.04%	0.04%
KD	D	0.16%	0.07%	0.07%
KEX	C	0.21%	0.14%	0.14%
KIM	B	0.46%	0.04%	0.04%
KMX	D	0.39%	0.04%	0.04%
KNX	C	0.24%	0.01%	0.01%
KRC	B	0.13%	0.02%	0.02%
KSS	F	0.06%	0.04%	0.04%
LAD	C	0.24%	0.01%	0.01%
LAMR	A	0.16%	0.16%	0.16%
LDOS	C	0.31%	0.45%	0.31%
LEA	D	0.19%	0.08%	0.08%
LITE	B	0.06%	0.01%	0.01%
LKQ	D	0.16%	0.05%	0.05%
LPX	B	0.18%	0.03%	0.03%
M	F	0.13%	0.12%	0.12%
MAN	C	0.1%	0.04%	0.04%
MAT	C	0.19%	0.09%	0.09%
MDU	B	0.15%	0.08%	0.08%
MHK	B	0.25%	0.13%	0.13%
MIDD	C	0.11%	0.02%	0.02%
MKSI	F	0.24%	0.01%	0.01%
MOS	F	0.27%	0.04%	0.04%
MSA	C	0.2%	0.02%	0.02%
MSM	D	0.11%	0.04%	0.04%
MTG	B	0.2%	0.26%	0.2%
MTZ	B	0.11%	0.14%	0.11%
MUSA	C	0.28%	0.2%	0.2%
NCLH	C	0.11%	0.12%	0.11%
NFG	B	0.16%	0.11%	0.11%
NI	B	0.22%	0.11%	0.11%
NNN	B	0.25%	0.05%	0.05%
NRG	C	0.52%	0.25%	0.25%
NVT	D	0.33%	0.08%	0.08%
NWL	D	0.08%	0.04%	0.04%
NXST	D	0.16%	0.13%	0.13%
NYT	C	0.25%	0.13%	0.13%
OC	C	0.43%	0.41%	0.41%
OGE	B	0.23%	0.08%	0.08%
OGN	D	0.17%	0.05%	0.05%
OHI	A	0.29%	0.03%	0.03%
OLN	D	0.15%	0.08%	0.08%
OMF	C	0.17%	0.1%	0.1%
ORI	A	0.26%	0.1%	0.1%
OSK	D	0.21%	0.19%	0.19%
OVV	D	0.34%	0.05%	0.05%
OZK	D	0.14%	0.07%	0.07%
PAG	D	0.1%	0.02%	0.02%
PB	B	0.2%	0.02%	0.02%
PFGC	B	0.34%	0.42%	0.34%
PII	D	0.13%	0.01%	0.01%
PINC	C	0.06%	0.01%	0.01%
PK	D	0.09%	0.02%	0.02%
PNFP	B	0.11%	0.05%	0.05%
PNR	B	0.43%	0.14%	0.14%
PNW	B	0.29%	0.06%	0.06%
POST	C	0.08%	0.08%	0.08%
PPC	D	0.05%	0.03%	0.03%
PR	D	0.12%	0.04%	0.04%
PRGO	D	0.12%	0.03%	0.03%
PRI	B	0.27%	0.11%	0.11%
PSN	B	0.13%	0.17%	0.13%
PVH	F	0.16%	0.21%	0.16%
QRVO	F	0.16%	0.15%	0.15%
R	B	0.18%	0.17%	0.17%
REG	C	0.39%	0.03%	0.03%
REYN	C	0.05%	0.02%	0.02%
RGA	B	0.43%	0.1%	0.1%
RHI	D	0.18%	0.08%	0.08%
RL	B	0.18%	0.26%	0.18%
RLI	B	0.2%	0.07%	0.07%
RNG	D	0.08%	0.03%	0.03%
RNR	B	0.4%	0.39%	0.39%
RPM	B	0.44%	0.12%	0.12%
RRC	D	0.2%	0.03%	0.03%
RRX	C	0.33%	0.02%	0.02%
RS	D	0.48%	0.23%	0.23%
RYN	C	0.13%	0.02%	0.02%
SAIC	C	0.2%	0.21%	0.2%
SCI	B	0.32%	0.06%	0.06%
SEB	C	0.02%	0.01%	0.01%
SEE	D	0.15%	0.01%	0.01%
SEIC	B	0.23%	0.1%	0.1%
SF	A	0.25%	0.05%	0.05%
SJM	C	0.17%	0.02%	0.02%
SLGN	B	0.12%	0.03%	0.03%
SLM	C	0.14%	0.03%	0.03%
SMG	C	0.09%	0.04%	0.04%
SNDR	B	0.03%	0.01%	0.01%
SNV	C	0.19%	0.05%	0.05%
SNX	D	0.23%	0.2%	0.2%
SOLV	C	0.26%	0.38%	0.26%
SON	C	0.16%	0.04%	0.04%
SPB	B	0.08%	0.05%	0.05%
SPR	D	0.06%	0.01%	0.01%
SRCL	A	0.16%	0.02%	0.02%
SRCL	A	0.01%	0.02%	0.01%
ST	D	0.17%	0.01%	0.01%
STAG	C	0.22%	0.02%	0.02%
STLD	D	0.26%	0.38%	0.26%
STWD	A	0.18%	0.01%	0.01%
SWN	D	0.21%	0.04%	0.04%
TAP	C	0.28%	0.07%	0.07%
TDC	F	0.08%	0.11%	0.08%
TFX	C	0.34%	0.02%	0.02%
THC	B	0.48%	0.39%	0.39%
THG	A	0.14%	0.02%	0.02%
THO	D	0.16%	0.11%	0.11%
TKR	D	0.16%	0.05%	0.05%
TNL	D	0.09%	0.05%	0.05%
TOL	B	0.44%	0.57%	0.44%
TPG	B	0.12%	0.03%	0.03%
TPR	C	0.28%	0.27%	0.27%
TTEK	C	0.37%	0.07%	0.07%
UA	C	0.04%	0.03%	0.03%
UAA	C	0.04%	0.03%	0.03%
UGI	C	0.16%	0.01%	0.01%
UHAL	B	0.19%	0.07%	0.07%
UHAL	B	0.02%	0.07%	0.02%
UHAL	B	0.02%	0.02%	0.02%
UHAL	B	0.19%	0.02%	0.02%
UHS	B	0.4%	0.27%	0.27%
UNM	B	0.26%	0.11%	0.11%
USFD	B	0.43%	0.3%	0.3%
UTHR	C	0.47%	0.28%	0.28%
VAC	F	0.07%	0.0%	0.0%
VFC	C	0.19%	0.02%	0.02%
VIRT	B	0.08%	0.03%	0.03%
VMI	D	0.17%	0.02%	0.02%
VNO	B	0.17%	0.02%	0.02%
VNT	D	0.16%	0.05%	0.05%
VOYA	A	0.21%	0.02%	0.02%
VSTS	D	0.05%	0.08%	0.05%
VVV	D	0.16%	0.15%	0.15%
WAL	B	0.25%	0.04%	0.04%
WBS	C	0.24%	0.05%	0.05%
WCC	C	0.25%	0.18%	0.18%
WEN	C	0.09%	0.01%	0.01%
WHR	D	0.16%	0.01%	0.01%
WLK	D	0.08%	0.05%	0.05%
WSM	C	0.4%	0.52%	0.4%
WTFC	B	0.21%	0.06%	0.06%
WTM	F	0.13%	0.01%	0.01%
WTRG	D	0.28%	0.03%	0.03%
WU	D	0.12%	0.15%	0.12%
X	D	0.23%	0.09%	0.09%
XPO	D	0.19%	0.04%	0.04%
ZION	D	0.21%	0.06%	0.06%

VBR Overweight 511 Positions Relative to ONEO

Symbol	Grade	Weight
SW	B	0.72%
RIVN	F	0.33%
SFM	B	0.31%
CG	C	0.28%
Z	B	0.26%
FLR	D	0.25%
MLI	B	0.23%
AIT	C	0.23%
SSB	B	0.22%
GME	F	0.22%
AGNC	A	0.22%
ANF	D	0.22%
ELAN	D	0.22%
NSIT	C	0.21%
UFPI	C	0.21%
BIO	C	0.2%
TMHC	B	0.2%
MTH	B	0.2%
JXN	B	0.2%
ONB	C	0.19%
ESNT	B	0.19%
CMC	D	0.18%
MOG.A	B	0.17%
BECN	D	0.17%
COOP	B	0.17%
CBT	B	0.17%
CADE	B	0.17%
COHR	B	0.17%
LUMN	C	0.16%
BCC	C	0.16%
GBCI	B	0.16%
WTS	C	0.16%
KBH	B	0.16%
MUR	D	0.16%
RDN	B	0.16%
LNC	D	0.16%
SIGI	C	0.16%
PARA	F	0.16%
SUM	C	0.15%
SWX	C	0.15%
ABG	F	0.15%
POR	B	0.15%
AVT	D	0.15%
GATX	D	0.15%
HOMB	B	0.15%
XRAY	D	0.15%
UBSI	B	0.15%
HWC	D	0.14%
FUL	D	0.14%
BCO	B	0.14%
GPI	B	0.14%
ITGR	B	0.13%
BDC	B	0.13%
SLG	B	0.13%
FFIN	B	0.13%
ACA	C	0.13%
KNF	B	0.13%
MDGL	F	0.13%
AVNT	B	0.13%
ZWS	B	0.13%
MATX	C	0.13%
NJR	B	0.13%
PIPR	B	0.13%
LYFT	D	0.12%
SBRA	B	0.12%
ESGR	D	0.12%
TPH	C	0.12%
CNX	A	0.12%
UMBF	B	0.12%
ABCB	B	0.12%
ENS	C	0.12%
BKH	B	0.12%
ASO	C	0.12%
CPRI	D	0.12%
KTB	B	0.12%
ASGN	D	0.12%
CNXC	D	0.12%
AUR	C	0.12%
CRC	C	0.11%
CNO	B	0.11%
BGC	B	0.11%
TEX	D	0.11%
ABM	D	0.11%
UCBI	B	0.11%
AEO	D	0.11%
SANM	D	0.11%
ALE	A	0.11%
HASI	B	0.11%
PNM	B	0.11%
PTEN	F	0.11%
PBH	B	0.11%
SEM	D	0.11%
VLY	C	0.11%
KFY	B	0.11%
KMPR	D	0.11%
ICUI	B	0.11%
OGS	B	0.11%
RUSHA	C	0.1%
NUVL	C	0.1%
ASB	D	0.1%
WSFS	C	0.1%
EBC	B	0.1%
SXT	C	0.1%
GVA	B	0.1%
SKT	B	0.1%
NWE	A	0.1%
SR	B	0.1%
RXO	D	0.1%
NHI	A	0.1%
AX	D	0.1%
NSP	D	0.1%
NPO	C	0.1%
FBP	C	0.1%
ATKR	F	0.1%
WD	B	0.1%
PBF	F	0.1%
MAC	B	0.1%
BNL	B	0.1%
PCH	C	0.1%
GMS	C	0.1%
PLXS	B	0.1%
FULT	C	0.1%
HL	C	0.1%
IBOC	C	0.1%
OTTR	D	0.1%
AUB	C	0.1%
SIG	C	0.1%
LXP	B	0.09%
IOVA	D	0.09%
FL	D	0.09%
AIN	D	0.09%
GFF	C	0.09%
SKYW	C	0.09%
WAFD	B	0.09%
CNK	B	0.09%
AVA	B	0.09%
AWR	B	0.09%
CATY	B	0.09%
GNW	B	0.09%
ALIT	D	0.09%
ESE	B	0.09%
BRC	B	0.09%
TCBI	B	0.09%
MGEE	B	0.09%
NVST	D	0.09%
APLE	D	0.09%
EAT	B	0.09%
HCC	F	0.09%
AROC	C	0.09%
SYNA	F	0.09%
CBU	C	0.09%
INDB	C	0.08%
PRK	C	0.08%
LSXMK	D	0.08%
SM	D	0.08%
BOH	C	0.08%
MGRC	F	0.08%
DEI	B	0.08%
MPW	C	0.08%
TRN	C	0.08%
ATGE	D	0.08%
PFSI	B	0.08%
FHI	A	0.08%
FIBK	B	0.08%
APAM	C	0.08%
HUBG	C	0.08%
REZI	D	0.08%
BTU	D	0.08%
CWK	B	0.08%
PENN	D	0.08%
BHF	D	0.08%
UNF	B	0.08%
BKU	C	0.08%
IOSP	D	0.08%
PRIM	C	0.08%
AIR	C	0.07%
WERN	D	0.07%
ZD	D	0.07%
PECO	B	0.07%
LAUR	B	0.07%
TOWN	B	0.07%
FRME	C	0.07%
HI	F	0.07%
AKR	C	0.07%
ENR	F	0.07%
MC	B	0.07%
AZZ	C	0.07%
TGNA	C	0.07%
PFS	B	0.07%
ARCH	F	0.07%
ARCB	D	0.07%
URBN	D	0.07%
FFBC	C	0.07%
MTRN	D	0.07%
OUT	B	0.07%
HNI	B	0.07%
OSIS	C	0.07%
DY	B	0.07%
MYGN	B	0.07%
ABR	B	0.07%
CVBF	C	0.07%
PPBI	D	0.07%
GHC	C	0.07%
MTX	D	0.07%
KRYS	D	0.07%
GT	F	0.07%
UE	B	0.07%
PRGS	C	0.07%
VSH	D	0.07%
BXMT	C	0.07%
COMP	B	0.07%
SFNC	B	0.07%
KAR	D	0.06%
TTMI	D	0.06%
HURN	C	0.06%
GOLF	F	0.06%
IVT	B	0.06%
ZG	B	0.06%
PRG	B	0.06%
VIAV	D	0.06%
B	D	0.06%
BANF	B	0.06%
THS	C	0.06%
JOBY	F	0.06%
OI	D	0.06%
GNL	B	0.06%
WLY	C	0.06%
SFBS	B	0.06%
EPC	F	0.06%
VGR	C	0.06%
AMN	F	0.06%
MIR	D	0.06%
IMVT	D	0.06%
KMT	B	0.06%
OMCL	C	0.06%
IBTX	B	0.06%
BANR	B	0.06%
NATL	D	0.06%
EQC	B	0.06%
RNST	D	0.06%
MLKN	D	0.06%
SXI	C	0.06%
HBI	B	0.06%
CTRE	B	0.06%
SHO	D	0.06%
TDS	C	0.06%
STRA	D	0.06%
BLKB	B	0.06%
OFG	C	0.06%
PHIN	B	0.06%
NBTB	D	0.06%
PSMT	B	0.06%
CDE	C	0.06%
EVTC	D	0.06%
SATS	B	0.06%
GTY	B	0.05%
STBA	B	0.05%
REVG	C	0.05%
SHOO	B	0.05%
KN	D	0.05%
LTC	B	0.05%
JBGS	B	0.05%
LEG	D	0.05%
STEP	B	0.05%
JBLU	D	0.05%
ANDE	D	0.05%
TROX	F	0.05%
NBHC	C	0.05%
SCL	D	0.05%
CHCO	B	0.05%
FCF	C	0.05%
LRN	B	0.05%
CRGY	D	0.05%
CENTA	D	0.05%
LZB	C	0.05%
IDCC	B	0.05%
DRH	C	0.05%
NWBI	C	0.05%
NMRK	B	0.05%
VSAT	F	0.05%
NHC	D	0.05%
GEO	F	0.05%
CAKE	C	0.05%
LGND	C	0.05%
PDCO	F	0.05%
WSBC	D	0.05%
TRMK	C	0.05%
MCY	C	0.05%
SUPN	C	0.05%
VSCO	C	0.05%
VRNT	F	0.05%
ROIC	B	0.05%
EDR	A	0.05%
BHLB	C	0.04%
SCS	B	0.04%
PBI	C	0.04%
AMRX	B	0.04%
PDM	B	0.04%
AIV	B	0.04%
KFRC	D	0.04%
EIG	B	0.04%
INSW	D	0.04%
JELD	D	0.04%
PMT	B	0.04%
VCTR	B	0.04%
DK	F	0.04%
AAT	B	0.04%
SAFT	C	0.04%
WS	C	0.04%
XRX	F	0.04%
MSGE	B	0.04%
UVV	D	0.04%
HELE	D	0.04%
BKE	B	0.04%
LC	C	0.04%
OXM	D	0.04%
BKD	D	0.04%
WABC	D	0.04%
CAR	F	0.04%
PWSC	C	0.04%
NAVI	C	0.04%
SBH	B	0.04%
CODI	D	0.04%
IART	F	0.04%
CSGS	C	0.04%
WOR	F	0.04%
DNOW	D	0.04%
SPNT	C	0.04%
LADR	B	0.04%
ESRT	B	0.04%
VRTS	D	0.04%
GBX	C	0.04%
NGVT	F	0.04%
ALEX	B	0.04%
HP	D	0.04%
BHE	C	0.04%
CXW	F	0.04%
NTCT	D	0.04%
HMN	C	0.04%
HOPE	B	0.04%
DAN	F	0.04%
RRR	D	0.04%
APOG	B	0.04%
HEES	D	0.04%
HTH	C	0.04%
ARI	F	0.04%
BLMN	F	0.04%
GEF	D	0.04%
NWN	B	0.04%
UNFI	C	0.03%
DNUT	D	0.03%
BDN	B	0.03%
CGON	C	0.03%
BRKL	C	0.03%
FG	C	0.03%
PRAA	D	0.03%
CBRL	D	0.03%
NNI	B	0.03%
LGF.A	F	0.03%
CVI	F	0.03%
LEVI	C	0.03%
BV	B	0.03%
DLX	D	0.03%
MD	C	0.03%
NX	D	0.03%
MMI	C	0.03%
RBRK	F	0.03%
EMBC	C	0.03%
CMTG	F	0.03%
SIRI	C	0.03%
ETWO	C	0.03%
FA	B	0.03%
MATV	B	0.03%
UNIT	C	0.03%
RWT	B	0.03%
RKLB	B	0.03%
GIII	C	0.03%
HTLF	B	0.03%
INVA	B	0.03%
TRS	D	0.03%
WWW	B	0.03%
ODP	F	0.03%
VSTO	B	0.03%
ATSG	D	0.03%
THR	D	0.03%
MRC	D	0.03%
CNNE	D	0.03%
DBRG	D	0.03%
WMK	C	0.03%
AVNS	B	0.03%
CSR	B	0.03%
ACT	A	0.03%
CARS	D	0.03%
FDP	B	0.03%
ECPG	C	0.03%
OMI	D	0.03%
SCSC	D	0.03%
KALU	F	0.03%
HE	F	0.03%
TILE	B	0.02%
HTLD	D	0.02%
FOR	C	0.02%
MXL	F	0.02%
KREF	B	0.02%
SMR	D	0.02%
CNDT	C	0.02%
GES	F	0.02%
SCHL	D	0.02%
HY	D	0.02%
BGS	D	0.02%
BMBL	F	0.02%
SWI	B	0.02%
KELYA	D	0.02%
CFFN	C	0.02%
SMMT	C	0.02%
PRA	C	0.02%
CAL	F	0.02%
TMP	C	0.02%
AMC	D	0.02%
AMWD	C	0.02%
AXL	F	0.02%
HAIN	D	0.02%
USM	C	0.02%
PUMP	F	0.02%
XHR	C	0.02%
HPP	D	0.02%
RGR	F	0.02%
HLIO	D	0.02%
MATW	F	0.02%
BASE	F	0.02%
ECVT	F	0.02%
ASTE	F	0.02%
MNRO	D	0.02%
PRLB	D	0.02%
HLF	F	0.02%
SVC	F	0.02%
BRSP	D	0.02%
PZZA	D	0.02%
CABO	F	0.02%
KOP	F	0.02%
PEB	D	0.02%
HCSG	C	0.02%
SAH	D	0.02%
EYE	F	0.02%
WNC	F	0.02%
MEI	F	0.01%
UFCS	D	0.01%
PACB	D	0.01%
RDUS	D	0.01%
OPK	C	0.01%
NPK	C	0.01%
OLPX	C	0.01%
WOOF	C	0.01%
BRCC	F	0.01%
ALX	B	0.01%
ZIP	D	0.01%
KRO	D	0.01%
DJT	F	0.01%
CRCT	D	0.01%
TGI	D	0.01%
TRTX	C	0.01%
EE	B	0.01%
AMCX	F	0.01%
EGBN	C	0.01%
RUSHB	C	0.01%
SWBI	D	0.01%
HTZ	D	0.01%
NAPA	F	0.01%
CENT	D	0.01%
BJRI	D	0.01%
WRLD	D	0.01%
PCRX	F	0.01%
INN	C	0.01%
CMP	D	0.01%
FWRD	C	0.01%
RMR	C	0.01%
VMEO	C	0.01%
AMK	B	0.01%
ATUS	C	0.01%
GRC	D	0.01%
NABL	D	0.01%
NUS	F	0.01%
PTVE	D	0.01%
UDMY	F	0.01%
DAWN	F	0.01%
TWKS	C	0.01%
CCO	C	0.01%
CWH	C	0.01%
GCMG	B	0.01%
CLB	D	0.01%
DIN	F	0.01%
USNA	F	0.01%
CLBK	C	0.01%
JACK	F	0.01%
NVRI	D	0.01%
LGF.A	F	0.01%
BFS	C	0.01%
AMBC	F	0.01%
VREX	F	0.01%
SSP	F	0.0%
SCWX	C	0.0%
AC	D	0.0%
TTEC	F	0.0%
CRNC	F	0.0%
SAVE	F	0.0%
CHGG	F	0.0%
ACDC	F	0.0%
UHT	B	0.0%
DBI	F	0.0%
GEF	D	0.0%
LDI	C	0.0%

VBR Underweight 601 Positions Relative to ONEO

Symbol	Grade	Weight
PHM	B	-0.92%
LEN	B	-0.78%
ACGL	B	-0.74%
DHI	B	-0.74%
EXPE	C	-0.66%
MCK	F	-0.65%
CAH	C	-0.6%
GDDY	C	-0.59%
CASY	D	-0.54%
FANG	D	-0.53%
VST	C	-0.53%
CNC	C	-0.5%
FTNT	C	-0.48%
DAL	C	-0.44%
NTAP	D	-0.43%
SYF	C	-0.42%
APP	B	-0.41%
CTSH	C	-0.41%
URI	B	-0.41%
NVR	B	-0.41%
NUE	F	-0.39%
DASH	C	-0.38%
SWKS	F	-0.37%
CMI	C	-0.36%
KR	B	-0.36%
HUM	F	-0.36%
KLAC	D	-0.36%
CINF	B	-0.35%
ADM	D	-0.35%
KNSL	C	-0.34%
CBOE	C	-0.34%
HIG	A	-0.33%
MOH	C	-0.33%
EG	B	-0.33%
LRCX	F	-0.33%
MO	C	-0.32%
PAYC	D	-0.32%
EOG	D	-0.31%
MPC	D	-0.31%
CI	C	-0.3%
PCAR	D	-0.3%
CPNG	B	-0.3%
RCL	B	-0.29%
MPWR	C	-0.29%
SPG	B	-0.29%
EBAY	B	-0.29%
SKX	C	-0.29%
GM	B	-0.29%
IT	B	-0.29%
CE	D	-0.29%
MANH	B	-0.27%
TSCO	C	-0.27%
VLO	D	-0.27%
BLD	D	-0.26%
COF	C	-0.26%
CNM	F	-0.26%
MKL	C	-0.26%
MRO	D	-0.26%
ROST	C	-0.25%
SYY	D	-0.25%
EXP	B	-0.25%
FIX	B	-0.25%
AMAT	D	-0.25%
TSN	C	-0.25%
DBX	D	-0.24%
SNA	B	-0.24%
COKE	C	-0.24%
LPLA	D	-0.24%
PEG	B	-0.24%
GRMN	D	-0.24%
ETR	A	-0.24%
TXRH	D	-0.24%
AFL	B	-0.23%
MAS	B	-0.23%
ELV	C	-0.23%
DELL	D	-0.23%
BBY	B	-0.22%
SMCI	F	-0.22%
AZO	D	-0.22%
IBM	B	-0.22%
GWW	B	-0.22%
FDX	C	-0.22%
PGR	A	-0.21%
APH	D	-0.21%
TJX	C	-0.21%
BKNG	B	-0.21%
BKR	D	-0.2%
VRT	C	-0.2%
SNPS	D	-0.2%
CBRE	A	-0.2%
DECK	C	-0.2%
TXT	D	-0.2%
FTI	D	-0.2%
IP	B	-0.2%
CB	B	-0.2%
INTU	D	-0.2%
WMB	B	-0.19%
DVN	F	-0.19%
CPAY	B	-0.19%
PKG	B	-0.19%
MSI	C	-0.19%
NOW	A	-0.19%
FICO	A	-0.19%
WRB	C	-0.19%
ULTA	D	-0.19%
HPE	D	-0.19%
LII	B	-0.18%
TT	B	-0.18%
OMC	A	-0.18%
AOS	C	-0.18%
PSTG	F	-0.18%
TER	D	-0.18%
GEHC	C	-0.18%
SSD	C	-0.18%
CRWD	F	-0.18%
CL	C	-0.18%
J	D	-0.18%
SAIA	D	-0.18%
ODFL	C	-0.17%
FAST	C	-0.17%
ONTO	F	-0.17%
T	B	-0.17%
ANET	B	-0.17%
HLI	B	-0.17%
CVS	D	-0.17%
GD	B	-0.17%
CTRA	F	-0.17%
CAT	C	-0.17%
WFRD	F	-0.17%
FND	C	-0.17%
CF	B	-0.17%
MAR	C	-0.17%
BR	D	-0.17%
LUV	C	-0.17%
HST	D	-0.17%
CLH	B	-0.17%
HLT	B	-0.17%
A	C	-0.17%
PYPL	B	-0.16%
WAB	A	-0.16%
TRV	B	-0.16%
REGN	C	-0.16%
ADSK	B	-0.16%
DFS	C	-0.16%
CDNS	D	-0.16%
ORLY	B	-0.16%
PANW	D	-0.16%
VTRS	C	-0.16%
PAYX	C	-0.15%
EXEL	B	-0.15%
COP	D	-0.15%
OLLI	C	-0.15%
PSX	D	-0.15%
BRBR	B	-0.15%
TPL	C	-0.15%
PWR	B	-0.15%
HPQ	D	-0.15%
CW	B	-0.15%
AKAM	D	-0.15%
QCOM	D	-0.15%
GNTX	F	-0.15%
BURL	B	-0.15%
KEYS	C	-0.15%
CARR	B	-0.15%
EIX	C	-0.14%
SRE	B	-0.14%
TGT	C	-0.14%
LNW	B	-0.14%
CMG	C	-0.14%
MMC	C	-0.14%
FDS	C	-0.14%
WDAY	D	-0.14%
TTD	B	-0.14%
AEP	B	-0.14%
CRM	D	-0.14%
NVDA	D	-0.14%
VZ	B	-0.14%
DRI	C	-0.14%
LOPE	D	-0.14%
IR	C	-0.14%
GEV	B	-0.14%
MEDP	D	-0.14%
HAL	F	-0.14%
CDW	D	-0.14%
WSO	C	-0.14%
NEU	D	-0.14%
MCHP	D	-0.14%
ADBE	D	-0.14%
PCG	C	-0.13%
ROK	D	-0.13%
FITB	B	-0.13%
TOST	B	-0.13%
HCA	B	-0.13%
PSA	B	-0.13%
ADI	D	-0.13%
CROX	C	-0.13%
MSFT	C	-0.13%
DLTR	F	-0.13%
MCO	A	-0.13%
SHW	B	-0.13%
PINS	F	-0.13%
HWM	B	-0.13%
GPC	D	-0.13%
MLM	D	-0.13%
CHTR	D	-0.13%
WBD	D	-0.12%
CNP	C	-0.12%
WING	B	-0.12%
RSG	D	-0.12%
WM	D	-0.12%
KMB	D	-0.12%
ED	C	-0.12%
DUK	C	-0.12%
LYV	B	-0.12%
LYB	F	-0.12%
CTAS	C	-0.12%
K	A	-0.11%
D	C	-0.11%
LSCC	D	-0.11%
DD	B	-0.11%
AAON	B	-0.11%
META	A	-0.11%
VMC	D	-0.11%
L	B	-0.11%
TW	A	-0.11%
TPX	C	-0.11%
CHD	C	-0.11%
TROW	D	-0.11%
EA	D	-0.11%
PPL	C	-0.11%
DOX	C	-0.11%
DOV	B	-0.11%
GE	B	-0.11%
DPZ	F	-0.11%
SLB	F	-0.11%
LECO	F	-0.11%
WMS	D	-0.11%
NBIX	F	-0.1%
UAL	B	-0.1%
VLTO	C	-0.1%
XEL	A	-0.1%
DGX	B	-0.1%
POOL	C	-0.1%
ROL	C	-0.1%
LOW	B	-0.1%
MTDR	D	-0.1%
JCI	B	-0.1%
CMS	A	-0.1%
VICI	C	-0.1%
MTB	B	-0.1%
VRTX	D	-0.1%
AVY	D	-0.1%
FCX	D	-0.1%
FNF	A	-0.1%
MSCI	C	-0.1%
OLED	C	-0.1%
AWI	B	-0.1%
FE	C	-0.09%
RGLD	B	-0.09%
TEAM	F	-0.09%
PM	C	-0.09%
TREX	F	-0.09%
KMI	A	-0.09%
DE	B	-0.09%
FOXA	B	-0.09%
APO	C	-0.09%
CMCSA	D	-0.09%
EXPD	B	-0.09%
CPRT	D	-0.09%
COST	C	-0.09%
DT	C	-0.09%
ON	D	-0.09%
CFG	D	-0.09%
F	D	-0.09%
BK	A	-0.09%
GILD	B	-0.09%
WWD	D	-0.09%
AXP	B	-0.09%
TYL	C	-0.09%
OTIS	D	-0.09%
WST	D	-0.09%
EXC	B	-0.09%
AZEK	C	-0.09%
CVNA	B	-0.09%
RF	B	-0.09%
NWSA	D	-0.09%
OXY	F	-0.09%
ABNB	D	-0.09%
SO	B	-0.09%
KHC	C	-0.08%
CSCO	B	-0.08%
SPOT	B	-0.08%
AAPL	D	-0.08%
ADP	B	-0.08%
CUBE	B	-0.08%
CIEN	C	-0.08%
DOCU	C	-0.08%
IBKR	B	-0.08%
AMCR	C	-0.08%
WEX	C	-0.08%
EEFT	D	-0.08%
ECL	B	-0.08%
WEC	B	-0.08%
PNC	B	-0.08%
COLM	B	-0.08%
BWXT	D	-0.08%
ALGN	D	-0.08%
MGM	D	-0.08%
BX	B	-0.08%
GNRC	D	-0.08%
AMP	B	-0.08%
SSNC	B	-0.08%
VRSK	D	-0.08%
KEY	B	-0.08%
AVTR	B	-0.08%
HBAN	B	-0.08%
LMT	C	-0.08%
DDOG	D	-0.08%
DOW	D	-0.08%
BYD	C	-0.07%
CPB	B	-0.07%
IDXX	C	-0.07%
GOOGL	D	-0.07%
CSX	D	-0.07%
AON	B	-0.07%
APD	B	-0.07%
LULU	D	-0.07%
AIG	D	-0.07%
ROP	C	-0.07%
PRU	C	-0.07%
DLB	D	-0.07%
GIS	B	-0.07%
ETN	C	-0.07%
FTV	C	-0.07%
DTE	B	-0.07%
ITW	B	-0.07%
YETI	D	-0.07%
BALL	C	-0.07%
GLOB	D	-0.06%
DG	F	-0.06%
RMD	C	-0.06%
ISRG	C	-0.06%
EQR	B	-0.06%
ZM	C	-0.06%
WTW	B	-0.06%
MMM	B	-0.06%
HD	B	-0.06%
SITE	D	-0.06%
ACN	C	-0.06%
GGG	C	-0.06%
MTSI	D	-0.06%
WY	C	-0.06%
SBUX	C	-0.06%
RBC	C	-0.06%
ABBV	C	-0.06%
AME	C	-0.06%
BRK.A	C	-0.06%
CHE	C	-0.06%
TDY	C	-0.06%
JBHT	D	-0.06%
AMGN	B	-0.06%
UBER	C	-0.06%
MRVL	C	-0.06%
TXN	C	-0.06%
SN	B	-0.06%
JKHY	B	-0.06%
NU	B	-0.06%
MDLZ	B	-0.06%
MET	A	-0.06%
ATI	C	-0.06%
NOC	B	-0.06%
BLK	A	-0.06%
MTD	D	-0.06%
MTCH	C	-0.06%
NOV	D	-0.06%
USB	B	-0.06%
GOOG	D	-0.06%
YUM	D	-0.06%
WYNN	D	-0.06%
NDAQ	B	-0.06%
AVB	B	-0.06%
RTX	C	-0.06%
VEEV	C	-0.06%
NSC	C	-0.05%
LSTR	D	-0.05%
DUOL	B	-0.05%
SYK	C	-0.05%
GLW	B	-0.05%
CCL	C	-0.05%
UNP	B	-0.05%
UPS	D	-0.05%
DV	F	-0.05%
STZ	C	-0.05%
CIVI	F	-0.05%
CELH	F	-0.05%
LHX	D	-0.05%
PPG	C	-0.05%
NEE	B	-0.05%
LNT	A	-0.05%
HUBS	D	-0.05%
PTC	D	-0.05%
BSX	B	-0.05%
DLR	B	-0.05%
ZS	F	-0.05%
HXL	F	-0.05%
IQV	C	-0.05%
FSLR	C	-0.05%
EXR	B	-0.05%
H	C	-0.05%
LIN	B	-0.05%
PLTR	B	-0.05%
AEE	B	-0.05%
ENTG	D	-0.05%
EFX	C	-0.05%
ESS	B	-0.05%
TDG	B	-0.05%
GPN	D	-0.05%
GWRE	A	-0.05%
STE	C	-0.05%
HON	D	-0.04%
NKE	D	-0.04%
NDSN	C	-0.04%
SPGI	B	-0.04%
UNH	C	-0.04%
AJG	C	-0.04%
STT	A	-0.04%
WFC	D	-0.04%
CHDN	C	-0.04%
CRL	D	-0.04%
DKNG	D	-0.04%
CLX	C	-0.04%
CME	C	-0.04%
LNG	D	-0.04%
AVGO	C	-0.04%
KVUE	B	-0.04%
GTLB	D	-0.04%
IFF	B	-0.04%
PCOR	F	-0.04%
WPC	B	-0.04%
ZTS	B	-0.04%
LEN	B	-0.04%
FRPT	B	-0.04%
CVX	D	-0.04%
NTRS	B	-0.04%
ALL	A	-0.04%
SWK	B	-0.04%
TRU	B	-0.04%
ANSS	F	-0.04%
BFAM	C	-0.04%
KDP	A	-0.04%
TRGP	B	-0.04%
FOX	B	-0.04%
HES	D	-0.04%
AMZN	C	-0.04%
APTV	D	-0.04%
NTNX	C	-0.04%
IRM	B	-0.04%
MDT	C	-0.04%
NFLX	B	-0.04%
TMUS	C	-0.04%
AXON	B	-0.04%
CTVA	B	-0.04%
HOLX	B	-0.03%
ABT	C	-0.03%
SCHW	D	-0.03%
OWL	C	-0.03%
PH	B	-0.03%
MA	B	-0.03%
FIS	B	-0.03%
INVH	C	-0.03%
AMH	C	-0.03%
TTC	D	-0.03%
PEP	C	-0.03%
TMO	C	-0.03%
SQ	D	-0.03%
MCD	C	-0.03%
HSY	C	-0.03%
ES	C	-0.03%
CCI	B	-0.03%
BAX	C	-0.03%
PG	C	-0.03%
DHR	B	-0.03%
UDR	B	-0.03%
WSC	D	-0.03%
TECH	C	-0.03%
AMD	F	-0.03%
XOM	D	-0.03%
TFC	D	-0.03%
JNJ	B	-0.03%
VRSN	D	-0.03%
BMY	C	-0.03%
CHH	C	-0.03%
ICE	B	-0.03%
MKTX	C	-0.03%
NSA	B	-0.03%
SBAC	C	-0.03%
MAA	B	-0.03%
BRKR	D	-0.03%
SMAR	B	-0.03%
LFUS	D	-0.03%
WMT	B	-0.03%
PCTY	C	-0.03%
AWK	A	-0.03%
ELS	C	-0.03%
CRBG	D	-0.03%
RPRX	C	-0.03%
EW	F	-0.03%
NWS	D	-0.03%
PFG	B	-0.03%
ARES	B	-0.03%
TRIP	F	-0.03%
WH	B	-0.03%
OKTA	F	-0.03%
MORN	C	-0.03%
CAG	B	-0.03%
SNOW	F	-0.03%
ZI	D	-0.03%
AMT	C	-0.02%
XP	D	-0.02%
MASI	D	-0.02%
ZBRA	B	-0.02%
BAC	D	-0.02%
BEN	F	-0.02%
MKC	B	-0.02%
SCCO	D	-0.02%
INSP	C	-0.02%
HRL	C	-0.02%
MRK	D	-0.02%
PLD	C	-0.02%
CSGP	D	-0.02%
TWLO	D	-0.02%
EQIX	B	-0.02%
INCY	C	-0.02%
GXO	D	-0.02%
SAM	F	-0.02%
PLNT	A	-0.02%
RJF	C	-0.02%
MSGS	B	-0.02%
DIS	D	-0.02%
KKR	B	-0.02%
DXCM	F	-0.02%
QGEN	B	-0.02%
RH	B	-0.02%
LVS	D	-0.02%
CNH	C	-0.02%
KO	B	-0.02%
DAY	D	-0.02%
BSY	D	-0.02%
MTN	D	-0.02%
S	C	-0.02%
V	B	-0.02%
MNST	C	-0.02%
FIVE	D	-0.02%
ZBH	F	-0.02%
BDX	F	-0.02%
TRMB	C	-0.02%
BA	F	-0.01%
MSTR	D	-0.01%
NET	F	-0.01%
COIN	F	-0.01%
BMRN	F	-0.01%
AGR	B	-0.01%
RGEN	F	-0.01%
CGNX	D	-0.01%
EL	F	-0.01%
REXR	C	-0.01%
NCNO	D	-0.01%
CEG	C	-0.01%
PEGA	C	-0.01%
VTR	C	-0.01%
CZR	C	-0.01%
JPM	D	-0.01%
APPF	D	-0.01%
CNA	C	-0.01%
VKTX	C	-0.01%
LLY	C	-0.01%
GFS	F	-0.01%
W	D	-0.01%
HEI	B	-0.01%
EMR	D	-0.01%
ARE	B	-0.01%
LBRDK	D	-0.01%
ETSY	F	-0.01%
MDB	D	-0.01%
HEI	B	-0.01%
O	B	-0.01%
RYAN	C	-0.01%
PATH	D	-0.01%
ALB	F	-0.01%
CLVT	D	-0.01%
LW	D	-0.01%
WAT	C	-0.01%
INTC	F	-0.01%
RKT	B	-0.01%
ELF	F	-0.01%
C	D	-0.01%
DOCS	B	-0.01%
GS	D	-0.01%
WELL	B	-0.01%
ESTC	F	-0.0%
EQT	D	-0.0%