VFVA vs. DTD ETF Comparison

Comparison of Vanguard Wellington Fund ETF (VFVA) to WisdomTree Total Dividend Fund (DTD)

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.04

Average Daily Volume

25,974

Number of Holdings ^*

556

* may have additional holdings in another (foreign) market

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$76.21

Average Daily Volume

20,694

Number of Holdings ^*

805

* may have additional holdings in another (foreign) market

Performance

Period	VFVA	DTD
30 Days	1.32%	1.59%
60 Days	0.39%	3.90%
90 Days	6.67%	6.46%
12 Months	20.04%	24.21%

279 Overlapping Holdings

	Symbol	Grade	Weight in VFVA	Weight in DTD	Overlap
	ACT	A	0.02%	0.03%	0.02%
	ADM	D	0.44%	0.09%	0.09%
	AFL	B	0.1%	0.27%	0.1%
	AGCO	D	0.15%	0.01%	0.01%
	AIG	D	0.58%	0.14%	0.14%
	AL	D	0.53%	0.02%	0.02%
	ALL	A	0.19%	0.15%	0.15%
	ALLY	F	0.32%	0.05%	0.05%
	ALSN	B	0.14%	0.03%	0.03%
	AMKR	F	0.13%	0.01%	0.01%
	APA	F	0.05%	0.03%	0.03%
	ASB	D	0.14%	0.03%	0.03%
	AUB	C	0.12%	0.03%	0.03%
	AVT	D	0.19%	0.02%	0.02%
	BAC	D	0.88%	1.09%	0.88%
	BANC	B	0.12%	0.01%	0.01%
	BANR	B	0.08%	0.03%	0.03%
	BBWI	F	0.2%	0.02%	0.02%
	BC	C	0.07%	0.02%	0.02%
	BDX	F	0.15%	0.13%	0.13%
	BEN	F	0.06%	0.06%	0.06%
	BERY	B	0.37%	0.02%	0.02%
	BGS	D	0.17%	0.01%	0.01%
	BK	A	0.47%	0.22%	0.22%
	BKU	C	0.16%	0.01%	0.01%
	BMY	C	0.76%	0.5%	0.5%
	BOKF	B	0.08%	0.02%	0.02%
	BPOP	C	0.07%	0.04%	0.04%
	BRKL	C	0.06%	0.02%	0.02%
	BTU	D	0.14%	0.01%	0.01%
	BUSE	C	0.13%	0.02%	0.02%
	BWA	D	0.19%	0.02%	0.02%
	BYD	C	0.18%	0.02%	0.02%
	C	D	0.84%	0.56%	0.56%
	CABO	F	0.13%	0.01%	0.01%
	CADE	B	0.16%	0.02%	0.02%
	CAG	B	0.28%	0.08%	0.08%
	CAH	C	0.34%	0.06%	0.06%
	CATY	B	0.09%	0.02%	0.02%
	CC	F	0.03%	0.01%	0.01%
	CCS	B	0.2%	0.02%	0.02%
	CE	D	0.33%	0.04%	0.04%
	CF	B	0.11%	0.04%	0.04%
	CFFN	C	0.05%	0.01%	0.01%
	CFR	C	0.03%	0.03%	0.03%
	CG	C	0.04%	0.06%	0.04%
	CHRD	F	0.26%	0.05%	0.05%
	CI	C	0.67%	0.24%	0.24%
	CIVI	F	0.18%	0.04%	0.04%
	CMA	B	0.14%	0.05%	0.05%
	CMC	D	0.15%	0.02%	0.02%
	CMCSA	D	0.98%	0.83%	0.83%
	CNA	C	0.09%	0.06%	0.06%
	CNO	B	0.04%	0.02%	0.02%
	CNXC	D	0.27%	0.01%	0.01%
	COF	C	0.69%	0.13%	0.13%
	COLB	B	0.29%	0.03%	0.03%
	COP	D	0.54%	0.31%	0.31%
	CRBG	D	0.02%	0.09%	0.02%
	CRC	C	0.17%	0.02%	0.02%
	CRGY	D	0.12%	0.01%	0.01%
	CSCO	B	0.14%	1.15%	0.14%
	CVS	D	1.02%	0.28%	0.28%
	CVX	D	0.77%	1.41%	0.77%
	DAL	C	0.21%	0.04%	0.04%
	DAN	F	0.16%	0.01%	0.01%
	DE	B	0.08%	0.19%	0.08%
	DGX	B	0.04%	0.04%	0.04%
	DHI	B	0.26%	0.08%	0.08%
	DIN	F	0.21%	0.01%	0.01%
	DINO	D	0.21%	0.03%	0.03%
	DK	F	0.05%	0.01%	0.01%
	DLX	D	0.15%	0.01%	0.01%
	DNB	C	0.05%	0.01%	0.01%
	DOW	D	0.2%	0.23%	0.2%
	DTM	B	0.17%	0.04%	0.04%
	EBAY	B	0.04%	0.1%	0.04%
	EBC	B	0.12%	0.01%	0.01%
	EGBN	C	0.13%	0.01%	0.01%
	ELV	C	0.08%	0.19%	0.08%
	EMN	B	0.09%	0.05%	0.05%
	ENS	C	0.03%	0.01%	0.01%
	EOG	D	0.65%	0.39%	0.39%
	EPC	F	0.03%	0.01%	0.01%
	EQH	C	0.08%	0.05%	0.05%
	EQT	D	0.11%	0.06%	0.06%
	ESI	D	0.03%	0.02%	0.02%
	EWBC	C	0.08%	0.05%	0.05%
	FAF	B	0.07%	0.03%	0.03%
	FANG	D	0.39%	0.09%	0.09%
	FBMS	B	0.05%	0.02%	0.02%
	FCF	C	0.11%	0.02%	0.02%
	FCNCA	D	0.13%	0.03%	0.03%
	FDX	C	1.09%	0.16%	0.16%
	FFBC	C	0.2%	0.02%	0.02%
	FIBK	B	0.07%	0.03%	0.03%
	FIS	B	0.25%	0.21%	0.21%
	FNB	D	0.21%	0.04%	0.04%
	FNF	A	0.13%	0.08%	0.08%
	FOX	B	0.39%	0.05%	0.05%
	FRME	C	0.08%	0.01%	0.01%
	FULT	C	0.15%	0.02%	0.02%
	GATX	D	0.05%	0.01%	0.01%
	GBX	C	0.02%	0.01%	0.01%
	GD	B	0.28%	0.2%	0.2%
	GEF	D	0.05%	0.02%	0.02%
	GILD	B	0.58%	0.45%	0.45%
	GIS	B	0.19%	0.19%	0.19%
	GL	C	0.07%	0.01%	0.01%
	GM	B	1.11%	0.09%	0.09%
	GOOG	D	0.07%	0.52%	0.07%
	GPK	B	0.06%	0.03%	0.03%
	GPN	D	0.02%	0.03%	0.02%
	GS	D	0.46%	0.58%	0.46%
	GTN	D	0.17%	0.0%	0.0%
	HAFC	C	0.07%	0.02%	0.02%
	HBAN	B	0.07%	0.11%	0.07%
	HCA	B	0.69%	0.12%	0.12%
	HIG	A	0.07%	0.14%	0.07%
	HII	C	0.11%	0.03%	0.03%
	HOG	C	0.17%	0.01%	0.01%
	HOMB	B	0.02%	0.03%	0.02%
	HPE	D	0.27%	0.06%	0.06%
	HPQ	D	0.5%	0.14%	0.14%
	HRB	C	0.17%	0.05%	0.05%
	HRI	C	0.11%	0.01%	0.01%
	HUM	F	0.27%	0.04%	0.04%
	HWC	D	0.2%	0.01%	0.01%
	IBM	B	0.16%	1.29%	0.16%
	INGR	A	0.16%	0.05%	0.05%
	IP	B	0.02%	0.09%	0.02%
	JEF	B	0.23%	0.05%	0.05%
	JNJ	B	0.19%	2.09%	0.19%
	JPM	D	0.64%	2.81%	0.64%
	JXN	B	0.09%	0.04%	0.04%
	KBH	B	0.23%	0.03%	0.03%
	KFY	B	0.07%	0.02%	0.02%
	KHC	C	0.21%	0.24%	0.21%
	KR	B	0.22%	0.16%	0.16%
	KRO	D	0.03%	0.01%	0.01%
	LBRT	D	0.06%	0.01%	0.01%
	LEA	D	0.16%	0.02%	0.02%
	LEG	D	0.21%	0.01%	0.01%
	LEN	B	0.26%	0.07%	0.07%
	LEN	B	0.21%	0.07%	0.07%
	LKQ	D	0.08%	0.03%	0.03%
	LNC	D	0.35%	0.04%	0.04%
	LZB	C	0.16%	0.01%	0.01%
	M	F	0.19%	0.02%	0.02%
	MAN	C	0.13%	0.01%	0.01%
	MATX	C	0.33%	0.02%	0.02%
	MCK	F	0.48%	0.07%	0.07%
	MDU	B	0.18%	0.02%	0.02%
	MET	A	0.49%	0.22%	0.22%
	MLI	B	0.19%	0.03%	0.03%
	MLKN	D	0.09%	0.01%	0.01%
	MO	C	1.17%	0.71%	0.71%
	MOS	F	0.19%	0.02%	0.02%
	MPC	D	0.7%	0.24%	0.24%
	MS	D	0.34%	0.8%	0.34%
	MTB	B	0.18%	0.13%	0.13%
	MTDR	D	0.17%	0.01%	0.01%
	MTG	B	0.3%	0.04%	0.04%
	MUR	D	0.21%	0.02%	0.02%
	NAVI	C	0.14%	0.01%	0.01%
	NBHC	C	0.03%	0.02%	0.02%
	NOG	D	0.08%	0.02%	0.02%
	NUE	F	0.63%	0.05%	0.05%
	NUS	F	0.14%	0.01%	0.01%
	NWSA	D	0.18%	0.03%	0.03%
	NXST	D	0.06%	0.03%	0.03%
	OC	C	0.08%	0.03%	0.03%
	OCFC	B	0.2%	0.02%	0.02%
	OFG	C	0.06%	0.03%	0.03%
	OGN	D	0.23%	0.04%	0.04%
	OLN	D	0.15%	0.01%	0.01%
	OMF	C	0.14%	0.04%	0.04%
	ONB	C	0.27%	0.02%	0.02%
	ORI	A	0.13%	0.07%	0.07%
	OVV	D	0.2%	0.04%	0.04%
	OXM	D	0.02%	0.01%	0.01%
	OXY	F	0.54%	0.07%	0.07%
	OZK	D	0.13%	0.03%	0.03%
	PATK	B	0.12%	0.03%	0.03%
	PB	B	0.17%	0.03%	0.03%
	PBF	F	0.36%	0.01%	0.01%
	PCAR	D	0.08%	0.25%	0.08%
	PEBO	C	0.14%	0.02%	0.02%
	PFBC	C	0.03%	0.01%	0.01%
	PFG	B	0.06%	0.09%	0.06%
	PFS	B	0.15%	0.03%	0.03%
	PFSI	B	0.05%	0.02%	0.02%
	PHIN	B	0.1%	0.01%	0.01%
	PHM	B	0.33%	0.06%	0.06%
	PINC	C	0.15%	0.02%	0.02%
	PM	C	0.13%	1.23%	0.13%
	PNC	B	0.31%	0.35%	0.31%
	PNFP	B	0.1%	0.01%	0.01%
	PR	D	0.14%	0.01%	0.01%
	PRDO	D	0.34%	0.01%	0.01%
	PRU	C	0.45%	0.24%	0.24%
	PSX	D	0.86%	0.21%	0.21%
	PTEN	F	0.17%	0.01%	0.01%
	QCOM	D	0.07%	0.45%	0.07%
	QCRH	B	0.03%	0.02%	0.02%
	R	B	0.41%	0.03%	0.03%
	RDN	B	0.28%	0.04%	0.04%
	RF	B	0.11%	0.13%	0.11%
	RGA	B	0.05%	0.06%	0.05%
	RGP	F	0.07%	0.01%	0.01%
	RJF	C	0.09%	0.05%	0.05%
	RNST	D	0.15%	0.01%	0.01%
	RRC	D	0.06%	0.01%	0.01%
	RRX	C	0.11%	0.02%	0.02%
	RS	D	0.02%	0.05%	0.02%
	RTX	C	0.13%	0.57%	0.13%
	RUSHA	C	0.06%	0.02%	0.02%
	SAIC	C	0.1%	0.03%	0.03%
	SASR	B	0.09%	0.02%	0.02%
	SCHW	D	0.12%	0.19%	0.12%
	SEB	C	0.17%	0.01%	0.01%
	SF	A	0.14%	0.03%	0.03%
	SFNC	B	0.04%	0.03%	0.03%
	SLM	C	0.04%	0.02%	0.02%
	SLVM	B	0.17%	0.01%	0.01%
	SM	D	0.27%	0.01%	0.01%
	SNDR	B	0.16%	0.01%	0.01%
	SNV	C	0.24%	0.04%	0.04%
	SNX	D	0.19%	0.01%	0.01%
	SON	C	0.15%	0.03%	0.03%
	SRCE	C	0.08%	0.01%	0.01%
	SSB	B	0.1%	0.02%	0.02%
	SSNC	B	0.07%	0.04%	0.04%
	STBA	B	0.23%	0.02%	0.02%
	STC	B	0.12%	0.02%	0.02%
	STLD	D	0.16%	0.04%	0.04%
	STT	A	0.02%	0.12%	0.02%
	SYF	C	0.4%	0.07%	0.07%
	TAP	C	0.3%	0.04%	0.04%
	TDS	C	0.18%	0.01%	0.01%
	TEX	D	0.13%	0.01%	0.01%
	TGT	C	0.12%	0.25%	0.12%
	THG	A	0.04%	0.01%	0.01%
	TKR	D	0.1%	0.03%	0.03%
	TMUS	C	0.29%	0.68%	0.29%
	TNL	D	0.23%	0.02%	0.02%
	TOL	B	0.16%	0.01%	0.01%
	TPR	C	0.04%	0.05%	0.04%
	TRMK	C	0.13%	0.02%	0.02%
	TRST	C	0.1%	0.02%	0.02%
	TRV	B	0.47%	0.14%	0.14%
	TXT	D	0.1%	0.02%	0.02%
	UBSI	B	0.08%	0.02%	0.02%
	UCBI	B	0.02%	0.01%	0.01%
	UFPI	C	0.11%	0.02%	0.02%
	UHS	B	0.18%	0.02%	0.02%
	UNM	B	0.39%	0.05%	0.05%
	USB	B	0.69%	0.39%	0.39%
	UVV	D	0.04%	0.01%	0.01%
	VAC	F	0.1%	0.01%	0.01%
	VGR	C	0.12%	0.03%	0.03%
	VLO	D	0.86%	0.17%	0.17%
	VLY	C	0.19%	0.03%	0.03%
	VSH	D	0.09%	0.01%	0.01%
	VTRS	C	0.23%	0.09%	0.09%
	WAFD	B	0.19%	0.02%	0.02%
	WAL	B	0.15%	0.03%	0.03%
	WBS	C	0.25%	0.04%	0.04%
	WCC	C	0.15%	0.01%	0.01%
	WERN	D	0.04%	0.01%	0.01%
	WFC	D	0.74%	0.68%	0.68%
	WMB	B	0.36%	0.3%	0.3%
	WMK	C	0.03%	0.01%	0.01%
	WSBC	D	0.16%	0.03%	0.03%
	WWW	B	0.22%	0.01%	0.01%
	XOM	D	0.68%	2.41%	0.68%
	XRAY	D	0.06%	0.02%	0.02%
	XRX	F	0.13%	0.01%	0.01%
	ZION	D	0.16%	0.03%	0.03%

VFVA Overweight 277 Positions Relative to DTD

	Symbol	Grade	Weight
	T	B	1.09%
	F	D	0.99%
	VZ	B	0.99%
	TFC	D	0.83%
	PFE	C	0.65%
	CB	B	0.49%
	FCX	D	0.44%
	ESNT	B	0.44%
	MDT	C	0.41%
	MHK	B	0.4%
	LYB	F	0.33%
	TTMI	D	0.31%
	INSW	D	0.31%
	TMHC	B	0.3%
	GTES	C	0.3%
	UAL	B	0.29%
	SLB	F	0.28%
	AZO	D	0.28%
	BG	D	0.26%
	TNK	D	0.26%
	AXS	B	0.26%
	ALGT	F	0.26%
	STNG	D	0.25%
	INTC	F	0.25%
	TROX	F	0.24%
	BHF	D	0.24%
	ESGR	D	0.24%
	CTRA	F	0.24%
	DXC	C	0.23%
	TPH	C	0.23%
	UTHR	C	0.23%
	OI	D	0.23%
	LILAK	D	0.22%
	MBUU	D	0.22%
	GPOR	C	0.22%
	UHAL	B	0.21%
	ALK	C	0.21%
	NWL	D	0.21%
	MTH	B	0.21%
	GT	F	0.2%
	TGNA	C	0.2%
	EFSC	B	0.2%
	PRGO	D	0.2%
	KNX	C	0.2%
	PYPL	B	0.2%
	ACGL	B	0.2%
	ASC	D	0.2%
	CLF	F	0.2%
	AMG	C	0.2%
	CLW	F	0.2%
	CHGG	F	0.19%
	RPRX	C	0.19%
	DAR	F	0.19%
	GNK	D	0.19%
	SNCY	D	0.18%
	CCSI	C	0.18%
	SKYW	C	0.18%
	CFG	D	0.18%
	ST	D	0.18%
	SIG	C	0.18%
	EAT	B	0.18%
	IVZ	C	0.18%
	FHN	D	0.18%
	KEY	B	0.18%
	JACK	F	0.18%
	ARW	C	0.18%
	GPI	B	0.17%
	PVH	F	0.17%
	CNC	C	0.17%
	HOPE	B	0.17%
	AHCO	B	0.17%
	GLNG	D	0.17%
	REZI	D	0.16%
	ADNT	F	0.16%
	ATSG	D	0.16%
	JAZZ	D	0.16%
	ABG	F	0.16%
	NVST	D	0.16%
	UNFI	C	0.16%
	PARR	F	0.15%
	IMKTA	D	0.15%
	ABCB	B	0.15%
	GIII	C	0.15%
	XPOF	D	0.15%
	QRVO	F	0.15%
	HAIN	D	0.15%
	CUBI	F	0.15%
	RNG	D	0.15%
	BZH	B	0.15%
	ELAN	D	0.15%
	MD	C	0.15%
	BRY	F	0.15%
	PLTK	C	0.15%
	BXC	D	0.15%
	ZD	D	0.15%
	ASO	C	0.15%
	MHO	B	0.15%
	JLL	B	0.14%
	NMRK	B	0.14%
	AAP	F	0.14%
	RNR	B	0.14%
	BELFB	C	0.14%
	HLX	D	0.14%
	MCB	C	0.14%
	DHT	C	0.14%
	SBH	B	0.14%
	IRWD	F	0.14%
	PUMP	F	0.14%
	HLF	F	0.14%
	ATGE	D	0.14%
	TOWN	B	0.13%
	VBTX	B	0.13%
	KOP	F	0.13%
	COOP	B	0.13%
	AXL	F	0.13%
	JRVR	F	0.13%
	TPC	C	0.13%
	ARCH	F	0.13%
	TWI	D	0.12%
	DCOM	B	0.12%
	GNW	B	0.12%
	SPTN	C	0.12%
	COMM	B	0.12%
	EG	B	0.12%
	UA	C	0.11%
	OMI	D	0.11%
	SB	D	0.11%
	NAT	D	0.11%
	ANDE	D	0.11%
	PAGS	F	0.11%
	COHR	B	0.11%
	KMI	A	0.11%
	APPS	D	0.11%
	EVRI	C	0.11%
	PPBI	D	0.11%
	CEIX	D	0.11%
	AMCX	F	0.11%
	BMBL	F	0.1%
	ODP	F	0.1%
	NX	D	0.1%
	GDOT	C	0.1%
	SXC	F	0.1%
	HOV	C	0.1%
	VTOL	D	0.1%
	GRBK	B	0.1%
	ASIX	C	0.1%
	DOLE	A	0.1%
	NTB	C	0.1%
	CMRE	D	0.1%
	SFL	D	0.1%
	RYI	F	0.1%
	HBI	B	0.1%
	SCSC	D	0.09%
	UVE	B	0.09%
	NNI	B	0.09%
	SCHL	D	0.09%
	TCBK	C	0.09%
	GOGL	D	0.09%
	AX	D	0.09%
	REVG	C	0.09%
	FWRD	C	0.09%
	FDP	B	0.09%
	DBX	D	0.09%
	MTUS	F	0.09%
	BV	B	0.09%
	RPAY	D	0.08%
	FFWM	D	0.08%
	SD	D	0.08%
	CXW	F	0.08%
	JELD	D	0.08%
	SANM	D	0.08%
	HCC	F	0.08%
	NBTB	D	0.08%
	HFWA	C	0.08%
	AAL	D	0.08%
	RMAX	C	0.08%
	NWBI	C	0.08%
	MATV	B	0.08%
	WNC	F	0.08%
	MTW	F	0.08%
	INMD	D	0.07%
	PFC	C	0.07%
	CROX	C	0.07%
	DXPE	C	0.07%
	CWK	B	0.07%
	BOOM	D	0.07%
	OMCL	C	0.07%
	SNEX	C	0.07%
	NIC	C	0.07%
	NTCT	D	0.07%
	LPG	F	0.07%
	BHLB	C	0.07%
	SSP	F	0.07%
	CAL	F	0.07%
	ACCO	C	0.07%
	EMBC	C	0.07%
	NMIH	B	0.07%
	PENN	D	0.07%
	JHG	B	0.07%
	LILA	C	0.06%
	ASGN	D	0.06%
	CCRN	F	0.06%
	MMM	B	0.06%
	TITN	F	0.06%
	SMP	C	0.06%
	OIS	F	0.06%
	CNOB	B	0.06%
	BLDR	C	0.06%
	ALIT	D	0.06%
	KOS	F	0.06%
	PCRX	F	0.06%
	EGY	D	0.06%
	INDB	C	0.06%
	MATW	F	0.05%
	ETWO	C	0.05%
	LXU	D	0.05%
	TALO	F	0.05%
	GHC	C	0.05%
	AR	D	0.05%
	MOV	F	0.05%
	MCFT	D	0.05%
	HVT	D	0.05%
	TTEC	F	0.05%
	IIIN	D	0.05%
	VRNT	F	0.05%
	PPC	D	0.05%
	TK	C	0.05%
	KELYA	D	0.05%
	AMR	F	0.05%
	REX	D	0.05%
	CNDT	C	0.05%
	GCO	D	0.05%
	AMWD	C	0.05%
	PLAB	F	0.05%
	KODK	D	0.04%
	LC	C	0.04%
	ATKR	F	0.04%
	ARCB	D	0.04%
	RDUS	D	0.04%
	FBNC	B	0.04%
	IART	F	0.04%
	BBW	C	0.04%
	ENVA	C	0.04%
	MKL	C	0.04%
	HUBG	C	0.04%
	FOXF	F	0.04%
	BY	C	0.04%
	HGV	D	0.04%
	OBK	C	0.04%
	HBNC	B	0.04%
	REPX	D	0.04%
	ZEUS	F	0.04%
	BW	F	0.04%
	STNE	F	0.03%
	IMMR	D	0.03%
	SCVL	B	0.03%
	OLPX	C	0.03%
	UIS	C	0.03%
	SWI	B	0.03%
	TBRG	C	0.03%
	DENN	D	0.03%
	AMRX	B	0.03%
	BALY	B	0.03%
	NFBK	C	0.03%
	AMAL	B	0.03%
	WTTR	C	0.03%
	DRVN	C	0.03%
	BCC	C	0.02%
	DVN	F	0.02%
	EIG	B	0.02%
	MED	F	0.02%
	RYAM	B	0.02%
	ZIMV	F	0.02%
	VREX	F	0.02%
	HRTG	B	0.01%
	AMPY	D	0.01%
	FF	C	0.01%

VFVA Underweight 527 Positions Relative to DTD

	Symbol	Grade	Weight
	AAPL	D	-3.18%
	MSFT	C	-2.96%
	AVGO	C	-2.4%
	ABBV	C	-2.38%
	NVDA	D	-2.05%
	PG	C	-1.78%
	HD	B	-1.73%
	KO	B	-1.68%
	WMT	B	-1.59%
	PEP	C	-1.28%
	UNH	C	-1.28%
	MRK	D	-0.98%
	META	A	-0.88%
	MCD	C	-0.87%
	GOOGL	D	-0.79%
	LLY	C	-0.77%
	ORCL	B	-0.67%
	TXN	C	-0.66%
	V	B	-0.65%
	AMGN	B	-0.64%
	LOW	B	-0.56%
	HON	D	-0.49%
	LMT	C	-0.48%
	MA	B	-0.45%
	ABT	C	-0.45%
	COST	C	-0.45%
	DUK	C	-0.44%
	MDLZ	B	-0.44%
	UPS	D	-0.44%
	SO	B	-0.44%
	CAT	C	-0.42%
	UNP	B	-0.4%
	BLK	A	-0.39%
	PLD	C	-0.39%
	SPG	B	-0.38%
	CL	C	-0.37%
	TJX	C	-0.36%
	AMT	C	-0.35%
	BX	B	-0.34%
	D	C	-0.34%
	ADP	B	-0.33%
	SBUX	C	-0.33%
	OKE	B	-0.33%
	KMB	D	-0.3%
	AXP	B	-0.3%
	PSA	B	-0.29%
	VICI	C	-0.29%
	O	B	-0.29%
	CCI	B	-0.29%
	ITW	B	-0.29%
	MMC	C	-0.28%
	AEP	B	-0.28%
	PEG	B	-0.26%
	SYK	C	-0.25%
	BKNG	B	-0.25%
	ADI	D	-0.24%
	PAYX	C	-0.24%
	WM	D	-0.23%
	ICE	B	-0.23%
	XEL	A	-0.22%
	ED	C	-0.22%
	KVUE	B	-0.21%
	ETR	A	-0.2%
	TMO	C	-0.2%
	CRM	D	-0.2%
	SYY	D	-0.19%
	CME	C	-0.19%
	SRE	B	-0.19%
	WELL	B	-0.19%
	SPGI	B	-0.18%
	APD	B	-0.18%
	KDP	A	-0.17%
	INTU	D	-0.17%
	EXR	B	-0.17%
	EQIX	B	-0.17%
	DLR	B	-0.17%
	AVB	B	-0.17%
	DHR	B	-0.17%
	PH	B	-0.17%
	DIS	D	-0.16%
	NSC	C	-0.16%
	GLW	B	-0.16%
	GE	B	-0.16%
	EMR	D	-0.16%
	EIX	C	-0.16%
	EXC	B	-0.16%
	FAST	C	-0.16%
	CTAS	C	-0.15%
	APO	C	-0.15%
	AMAT	D	-0.15%
	NKE	D	-0.15%
	ZTS	B	-0.14%
	APH	D	-0.14%
	K	A	-0.14%
	NOC	B	-0.14%
	FITB	B	-0.14%
	MSI	C	-0.14%
	CMI	C	-0.14%
	MAR	C	-0.13%
	LRCX	F	-0.13%
	FE	C	-0.13%
	SHW	B	-0.13%
	ES	C	-0.13%
	PGR	A	-0.13%
	ECL	B	-0.13%
	AEE	B	-0.12%
	YUM	D	-0.12%
	AMP	B	-0.12%
	KLAC	D	-0.12%
	TROW	D	-0.12%
	BBY	B	-0.12%
	IRM	B	-0.12%
	STZ	C	-0.12%
	VST	C	-0.11%
	KKR	B	-0.11%
	WEC	B	-0.11%
	MCO	A	-0.11%
	LHX	D	-0.11%
	DRI	C	-0.11%
	EQR	B	-0.11%
	ATO	B	-0.1%
	PPL	C	-0.1%
	BKR	D	-0.1%
	PKG	B	-0.1%
	DTE	B	-0.1%
	OTIS	D	-0.1%
	CARR	B	-0.1%
	CSX	D	-0.1%
	DFS	C	-0.1%
	RSG	D	-0.1%
	NTAP	D	-0.09%
	EVRG	A	-0.09%
	ARE	B	-0.09%
	TRGP	B	-0.09%
	VTR	C	-0.09%
	HSY	C	-0.09%
	DD	B	-0.09%
	PPG	C	-0.09%
	MCHP	D	-0.09%
	GWW	B	-0.09%
	ARES	B	-0.09%
	MU	F	-0.08%
	PNW	B	-0.08%
	CLX	C	-0.08%
	CTSH	C	-0.08%
	NTRS	B	-0.08%
	TSN	C	-0.08%
	TSCO	C	-0.08%
	OMC	A	-0.08%
	GPC	D	-0.07%
	CUBE	B	-0.07%
	MKC	B	-0.07%
	NRG	C	-0.07%
	AM	B	-0.07%
	NDAQ	B	-0.07%
	MAA	B	-0.07%
	SNA	B	-0.07%
	AWK	A	-0.07%
	URI	B	-0.07%
	LVS	D	-0.07%
	WPC	B	-0.07%
	GLPI	B	-0.07%
	BR	D	-0.07%
	ROST	C	-0.07%
	WRB	C	-0.07%
	CEG	C	-0.07%
	CMS	A	-0.07%
	HRL	C	-0.07%
	LNG	D	-0.07%
	CINF	B	-0.07%
	AJG	C	-0.07%
	MAS	B	-0.06%
	LUV	C	-0.06%
	OGE	B	-0.06%
	DELL	D	-0.06%
	WSM	C	-0.06%
	ESS	B	-0.06%
	HES	D	-0.06%
	ROK	D	-0.06%
	NI	B	-0.06%
	LAMR	A	-0.06%
	CPB	B	-0.06%
	IPG	C	-0.06%
	SWK	B	-0.06%
	LNT	A	-0.06%
	XYL	D	-0.05%
	HUBB	B	-0.05%
	DKS	D	-0.05%
	LII	B	-0.05%
	WY	C	-0.05%
	ERIE	A	-0.05%
	KIM	B	-0.05%
	SWKS	F	-0.05%
	RMD	C	-0.05%
	NNN	B	-0.05%
	HAL	F	-0.05%
	JNPR	A	-0.05%
	TXRH	D	-0.05%
	UDR	B	-0.05%
	INVH	C	-0.05%
	HLT	B	-0.05%
	SJM	C	-0.05%
	WSO	C	-0.05%
	CNP	C	-0.05%
	MSCI	C	-0.05%
	ROP	C	-0.05%
	CBOE	C	-0.05%
	DOV	B	-0.05%
	VRSK	D	-0.04%
	PCG	C	-0.04%
	HWM	B	-0.04%
	EFX	C	-0.04%
	HST	D	-0.04%
	WU	D	-0.04%
	GEHC	C	-0.04%
	A	C	-0.04%
	AVA	B	-0.04%
	UGI	C	-0.04%
	BALL	C	-0.04%
	ITT	C	-0.04%
	CSL	C	-0.04%
	LDOS	C	-0.04%
	FHB	C	-0.04%
	EA	D	-0.04%
	CHRW	B	-0.04%
	EXPD	B	-0.04%
	PWR	B	-0.04%
	BRO	C	-0.04%
	BKH	B	-0.04%
	BAH	B	-0.04%
	ODFL	C	-0.04%
	SUI	B	-0.04%
	ACI	F	-0.04%
	MLM	D	-0.04%
	SW	B	-0.04%
	EVR	B	-0.04%
	MPWR	C	-0.04%
	VMC	D	-0.04%
	AME	C	-0.04%
	BRX	B	-0.04%
	FRT	C	-0.04%
	NWE	A	-0.04%
	CHD	C	-0.04%
	CDW	D	-0.04%
	OWL	C	-0.04%
	ROL	C	-0.04%
	IR	C	-0.04%
	PNM	B	-0.03%
	POOL	C	-0.03%
	SBAC	C	-0.03%
	VCTR	B	-0.03%
	FTV	C	-0.03%
	EHC	B	-0.03%
	WST	D	-0.03%
	MSM	D	-0.03%
	REG	C	-0.03%
	FLS	D	-0.03%
	CBT	B	-0.03%
	DCI	D	-0.03%
	CPT	B	-0.03%
	AIT	C	-0.03%
	AOS	C	-0.03%
	GAP	F	-0.03%
	WEN	C	-0.03%
	AIZ	B	-0.03%
	REYN	C	-0.03%
	DPZ	F	-0.03%
	WLK	D	-0.03%
	SR	B	-0.03%
	AROC	C	-0.03%
	MC	B	-0.03%
	SCI	B	-0.03%
	JWN	B	-0.03%
	ALE	A	-0.03%
	LECO	F	-0.03%
	OGS	B	-0.03%
	FBP	C	-0.03%
	RL	B	-0.03%
	CCOI	C	-0.03%
	PRI	B	-0.03%
	POR	B	-0.03%
	AFG	B	-0.03%
	TFSL	C	-0.03%
	AVY	D	-0.03%
	WAB	A	-0.03%
	FLO	C	-0.03%
	AWR	B	-0.03%
	HEI	B	-0.03%
	MTN	D	-0.03%
	PAG	D	-0.03%
	CHK	D	-0.03%
	HLI	B	-0.03%
	MRO	D	-0.03%
	NFG	B	-0.03%
	UI	B	-0.03%
	RPM	B	-0.03%
	WTRG	D	-0.03%
	SEIC	B	-0.02%
	SSD	C	-0.02%
	SHOO	B	-0.02%
	CCK	A	-0.02%
	NSP	D	-0.02%
	HTH	C	-0.02%
	TTEK	C	-0.02%
	AEO	D	-0.02%
	IBTX	B	-0.02%
	ACM	B	-0.02%
	BCO	B	-0.02%
	LW	D	-0.02%
	CAKE	C	-0.02%
	SEM	D	-0.02%
	WSFS	C	-0.02%
	BKE	B	-0.02%
	VLTO	C	-0.02%
	RHI	D	-0.02%
	WMS	D	-0.02%
	IDCC	B	-0.02%
	SPB	B	-0.02%
	FR	C	-0.02%
	MWA	C	-0.02%
	MGY	C	-0.02%
	TKO	B	-0.02%
	OTTR	D	-0.02%
	MRTN	D	-0.02%
	ARMK	B	-0.02%
	VRTS	D	-0.02%
	OSK	D	-0.02%
	KNTK	B	-0.02%
	LPLA	D	-0.02%
	GNTX	F	-0.02%
	BRC	B	-0.02%
	IPAR	D	-0.02%
	NYT	C	-0.02%
	CWEN	B	-0.02%
	EXP	B	-0.02%
	ADTN	F	-0.02%
	CVBF	C	-0.02%
	VIRT	B	-0.02%
	CVI	F	-0.02%
	RHP	D	-0.02%
	LPX	B	-0.02%
	WWD	D	-0.02%
	IDA	B	-0.02%
	KMT	B	-0.02%
	NDSN	C	-0.02%
	HNI	B	-0.02%
	BNL	B	-0.02%
	TER	D	-0.02%
	HUN	D	-0.02%
	NEU	D	-0.02%
	GBCI	B	-0.02%
	CBU	C	-0.02%
	THO	D	-0.02%
	TPG	B	-0.02%
	NSA	B	-0.02%
	IBOC	C	-0.02%
	SBRA	B	-0.02%
	PRGS	C	-0.02%
	LCII	C	-0.02%
	CBSH	C	-0.02%
	JBHT	D	-0.02%
	ALB	F	-0.02%
	FCPT	A	-0.02%
	TRN	C	-0.02%
	EPR	B	-0.02%
	TW	A	-0.02%
	LANC	D	-0.02%
	VOYA	A	-0.02%
	AWI	B	-0.02%
	LSTR	D	-0.02%
	AMH	C	-0.02%
	TMP	C	-0.02%
	FDS	C	-0.02%
	KTB	B	-0.02%
	SWX	C	-0.02%
	CASY	D	-0.02%
	WH	B	-0.02%
	AVNT	B	-0.02%
	RGLD	B	-0.02%
	CRI	C	-0.02%
	TTC	D	-0.02%
	IEX	D	-0.02%
	GTY	B	-0.02%
	JKHY	B	-0.02%
	ELS	C	-0.02%
	ZBH	F	-0.02%
	J	D	-0.02%
	STAG	C	-0.02%
	ATR	B	-0.02%
	HLNE	B	-0.02%
	BWXT	D	-0.02%
	GGG	C	-0.02%
	NJR	B	-0.02%
	BANF	B	-0.02%
	PII	D	-0.02%
	TPL	C	-0.02%
	CNS	B	-0.02%
	VRT	C	-0.02%
	SMG	C	-0.02%
	CHCO	B	-0.01%
	IIPR	B	-0.01%
	HI	F	-0.01%
	WMG	D	-0.01%
	IRDM	D	-0.01%
	UWMC	C	-0.01%
	BMI	B	-0.01%
	AESI	C	-0.01%
	DLB	D	-0.01%
	IBP	C	-0.01%
	WINA	C	-0.01%
	POWL	C	-0.01%
	SCL	D	-0.01%
	COKE	C	-0.01%
	HEES	D	-0.01%
	PBI	C	-0.01%
	LXP	B	-0.01%
	GES	F	-0.01%
	PCH	C	-0.01%
	AAON	B	-0.01%
	WOR	F	-0.01%
	KNSL	C	-0.01%
	MUSA	C	-0.01%
	CHH	C	-0.01%
	AGM	D	-0.01%
	SFBS	B	-0.01%
	SCS	B	-0.01%
	MCRI	B	-0.01%
	HXL	F	-0.01%
	KALU	F	-0.01%
	ORA	C	-0.01%
	FIX	B	-0.01%
	CHE	C	-0.01%
	CWEN	B	-0.01%
	ENR	F	-0.01%
	COLD	D	-0.01%
	GRNT	D	-0.01%
	BRKR	D	-0.01%
	SLGN	B	-0.01%
	X	D	-0.01%
	EME	B	-0.01%
	HMN	C	-0.01%
	BLMN	F	-0.01%
	PTVE	D	-0.01%
	BOH	C	-0.01%
	HP	D	-0.01%
	RLI	B	-0.01%
	AMSF	C	-0.01%
	LEVI	C	-0.01%
	KRC	B	-0.01%
	BHE	C	-0.01%
	COLM	B	-0.01%
	ASH	D	-0.01%
	SSBK	C	-0.01%
	JBT	D	-0.01%
	JJSF	C	-0.01%
	MORN	C	-0.01%
	VMI	D	-0.01%
	PAYC	D	-0.01%
	AZZ	C	-0.01%
	SAFT	C	-0.01%
	CACC	D	-0.01%
	SIGI	C	-0.01%
	MKTX	C	-0.01%
	WTFC	B	-0.01%
	FG	C	-0.01%
	OLED	C	-0.01%
	RRR	D	-0.01%
	CHDN	C	-0.01%
	EGP	B	-0.01%
	KBR	D	-0.01%
	ABM	D	-0.01%
	CRS	B	-0.01%
	CHX	D	-0.01%
	PDCO	F	-0.01%
	PZZA	D	-0.01%
	WDFC	B	-0.01%
	KWR	D	-0.01%
	MSBI	D	-0.01%
	EDR	A	-0.01%
	FFIN	B	-0.01%
	TECH	C	-0.01%
	PRK	C	-0.01%
	UTZ	C	-0.01%
	L	B	-0.01%
	MMS	D	-0.01%
	ZWS	B	-0.01%
	CPK	B	-0.01%
	WGO	D	-0.01%
	GOLF	F	-0.01%
	HTLF	B	-0.01%
	MSA	C	-0.01%
	STRA	D	-0.01%
	IBKR	B	-0.01%
	STEP	B	-0.01%
	UMBF	B	-0.01%
	KMPR	D	-0.01%
	LAD	C	-0.01%
	SYBT	B	-0.01%
	SLG	B	-0.01%
	MKSI	F	-0.01%
	SKT	B	-0.01%
	MGEE	B	-0.01%
	KLG	C	-0.01%
	EXPO	B	-0.01%
	LFUS	D	-0.01%
	JBL	D	-0.01%
	APOG	B	-0.01%
	SXT	C	-0.01%
	TPX	C	-0.01%
	ADC	C	-0.01%
	KSS	F	-0.01%
	BSY	D	-0.01%
	WD	B	-0.01%
	WHD	C	-0.01%
	IOSP	D	-0.01%
	UTL	B	-0.01%
	SEE	D	-0.01%
	UVSP	B	-0.01%
	NOV	D	-0.01%
	MCY	C	-0.01%
	MAC	B	-0.0%
	POWI	F	-0.0%
	KW	C	-0.0%
	NWS	D	-0.0%
	RELL	C	-0.0%
	NFE	F	-0.0%
	CWH	C	-0.0%

VFVA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Shipping & Ports Insurance - Property & Casualty Residential Construction Asset Management Credit Services Auto Parts Chemicals Insurance - Life Software - Application Specialty Retail Airlines Broadcasting - TV Business Services Drug Manufacturers - Specialty & Generic Information Technology Services Insurance - Diversified Packaged Foods Savings & Cooperative Banks

Keywords: S&P 500 Bank Banking Deposit Products Insurance Commercial Banking Real Estate Loans Natural Gas Commercial Bank Insurance Products Chemical Investment Management Life Insurance Transport Cash Management Trust Services Cash Management Services Mining Petroleum Industry Individual Retirement Account

DTD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Oil & Gas E&P Utilities - Regulated Electric Business Services Specialty Chemicals Capital Markets Insurance - Property & Casualty Packaged Foods Packaging & Containers Credit Services REIT - Retail Restaurants Utilities - Diversified Building Materials Semiconductors Aerospace & Defense Insurance - Life REIT - Industrial

Keywords: S&P 500 Bank Banking Natural Gas Insurance Nasdaq 100 Deposit Products Electricity Real Estate Investment Trust Chemical Mining Real Estate Loans Electronics Commercial Banking Aerospace Computing Investment Management Commercial Bank Insurance Products Plastic