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

$128.27

Average Daily Volume

12,937

Number of Holdings ^*

613

* 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

$79.89

Average Daily Volume

21,384

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

Performance

Period	VFVA	DTD
30 Days	6.78%	3.20%
60 Days	7.36%	5.00%
90 Days	7.38%	6.93%
12 Months	28.66%	31.64%

288 Overlapping Holdings

	Symbol	Grade	Weight in VFVA	Weight in DTD	Overlap
	ACT	D	0.03%	0.03%	0.03%
	ADM	D	0.23%	0.08%	0.08%
	AEO	F	0.18%	0.01%	0.01%
	AFL	B	0.09%	0.26%	0.09%
	AGCO	D	0.18%	0.01%	0.01%
	AIG	B	0.51%	0.13%	0.13%
	AL	B	0.41%	0.02%	0.02%
	ALL	A	0.17%	0.15%	0.15%
	ALLY	C	0.25%	0.05%	0.05%
	ALSN	B	0.16%	0.03%	0.03%
	AMKR	D	0.07%	0.01%	0.01%
	APA	D	0.22%	0.02%	0.02%
	APO	B	0.05%	0.2%	0.05%
	ASB	B	0.13%	0.04%	0.04%
	AUB	B	0.09%	0.03%	0.03%
	AVT	C	0.25%	0.02%	0.02%
	BAC	A	0.76%	1.22%	0.76%
	BANC	A	0.12%	0.02%	0.02%
	BANR	B	0.09%	0.03%	0.03%
	BBWI	D	0.18%	0.02%	0.02%
	BC	C	0.18%	0.02%	0.02%
	BDX	F	0.29%	0.12%	0.12%
	BEN	C	0.05%	0.06%	0.05%
	BERY	B	0.38%	0.02%	0.02%
	BFH	B	0.17%	0.02%	0.02%
	BGS	F	0.13%	0.0%	0.0%
	BHE	B	0.02%	0.01%	0.01%
	BK	A	0.5%	0.23%	0.23%
	BKU	A	0.15%	0.01%	0.01%
	BLMN	F	0.04%	0.01%	0.01%
	BMY	B	0.46%	0.57%	0.46%
	BOKF	B	0.08%	0.03%	0.03%
	BPOP	B	0.06%	0.03%	0.03%
	BRKL	B	0.02%	0.02%	0.02%
	BTU	B	0.17%	0.01%	0.01%
	BUSE	B	0.11%	0.02%	0.02%
	BWA	D	0.25%	0.02%	0.02%
	BYD	C	0.18%	0.02%	0.02%
	C	A	0.72%	0.63%	0.63%
	CADE	B	0.16%	0.02%	0.02%
	CAG	D	0.16%	0.07%	0.07%
	CAH	B	0.26%	0.07%	0.07%
	CATY	B	0.09%	0.03%	0.03%
	CC	C	0.02%	0.01%	0.01%
	CCS	D	0.18%	0.02%	0.02%
	CE	F	0.3%	0.02%	0.02%
	CF	B	0.18%	0.04%	0.04%
	CFFN	B	0.04%	0.01%	0.01%
	CG	A	0.03%	0.08%	0.03%
	CHRD	D	0.18%	0.04%	0.04%
	CI	F	0.66%	0.21%	0.21%
	CIVI	D	0.33%	0.04%	0.04%
	CMA	A	0.15%	0.06%	0.06%
	CMC	B	0.19%	0.02%	0.02%
	CMCSA	B	0.68%	0.88%	0.68%
	CNA	B	0.07%	0.05%	0.05%
	CNO	A	0.04%	0.03%	0.03%
	CNXC	F	0.06%	0.01%	0.01%
	COF	B	0.66%	0.16%	0.16%
	COLB	A	0.34%	0.03%	0.03%
	COP	C	0.65%	0.32%	0.32%
	CRBG	B	0.02%	0.1%	0.02%
	CRC	B	0.15%	0.02%	0.02%
	CRGY	B	0.16%	0.01%	0.01%
	CSCO	B	0.14%	1.3%	0.14%
	CVS	D	0.74%	0.25%	0.25%
	CVX	A	0.7%	1.51%	0.7%
	DAL	C	0.2%	0.05%	0.05%
	DAN	D	0.17%	0.01%	0.01%
	DE	A	0.15%	0.18%	0.15%
	DGX	A	0.03%	0.04%	0.03%
	DHI	D	0.31%	0.06%	0.06%
	DIN	C	0.15%	0.01%	0.01%
	DINO	D	0.16%	0.03%	0.03%
	DIS	B	0.4%	0.17%	0.17%
	DLX	B	0.14%	0.01%	0.01%
	DNB	B	0.09%	0.01%	0.01%
	DOW	F	0.18%	0.19%	0.18%
	DTM	B	0.17%	0.05%	0.05%
	EBAY	D	0.05%	0.09%	0.05%
	EBC	B	0.07%	0.01%	0.01%
	EGBN	B	0.1%	0.02%	0.02%
	ELV	F	0.07%	0.13%	0.07%
	EMN	D	0.09%	0.05%	0.05%
	EMR	A	0.14%	0.19%	0.14%
	ENS	D	0.12%	0.01%	0.01%
	EOG	A	0.75%	0.41%	0.41%
	EPC	D	0.02%	0.01%	0.01%
	EQH	B	0.07%	0.05%	0.05%
	EQT	B	0.17%	0.07%	0.07%
	ESI	A	0.03%	0.02%	0.02%
	EWBC	A	0.08%	0.06%	0.06%
	FAF	A	0.08%	0.03%	0.03%
	FANG	D	0.3%	0.09%	0.09%
	FCF	A	0.12%	0.02%	0.02%
	FCNCA	A	0.12%	0.03%	0.03%
	FDX	B	0.89%	0.16%	0.16%
	FFBC	A	0.2%	0.02%	0.02%
	FIBK	A	0.07%	0.03%	0.03%
	FIS	C	0.22%	0.21%	0.21%
	FNB	A	0.19%	0.04%	0.04%
	FNF	B	0.14%	0.07%	0.07%
	FOX	A	0.33%	0.05%	0.05%
	FRME	B	0.05%	0.02%	0.02%
	FULT	A	0.1%	0.02%	0.02%
	GAP	C	0.1%	0.03%	0.03%
	GATX	A	0.05%	0.01%	0.01%
	GBX	A	0.16%	0.01%	0.01%
	GD	F	0.26%	0.2%	0.2%
	GEF	A	0.05%	0.02%	0.02%
	GILD	C	0.44%	0.47%	0.44%
	GL	B	0.08%	0.01%	0.01%
	GM	B	0.87%	0.11%	0.11%
	GOOG	C	0.06%	0.57%	0.06%
	GPK	C	0.06%	0.03%	0.03%
	GPN	B	0.1%	0.03%	0.03%
	GS	A	0.44%	0.69%	0.44%
	GTN	F	0.17%	0.0%	0.0%
	HAFC	A	0.07%	0.02%	0.02%
	HAL	C	0.07%	0.05%	0.05%
	HCA	F	0.76%	0.11%	0.11%
	HEES	B	0.08%	0.01%	0.01%
	HI	C	0.07%	0.01%	0.01%
	HIG	B	0.07%	0.13%	0.07%
	HII	D	0.11%	0.02%	0.02%
	HOG	D	0.18%	0.01%	0.01%
	HOMB	A	0.02%	0.03%	0.02%
	HPE	B	0.32%	0.08%	0.08%
	HPQ	B	0.42%	0.15%	0.15%
	HRB	D	0.13%	0.05%	0.05%
	HRI	B	0.22%	0.02%	0.02%
	HWC	B	0.19%	0.02%	0.02%
	IBM	C	0.18%	1.21%	0.18%
	INGR	B	0.17%	0.05%	0.05%
	IP	B	0.02%	0.1%	0.02%
	JBL	B	0.03%	0.02%	0.02%
	JEF	A	0.17%	0.07%	0.07%
	JNJ	D	0.18%	1.83%	0.18%
	JPM	A	0.54%	3.09%	0.54%
	JXN	C	0.15%	0.06%	0.06%
	KALU	C	0.04%	0.01%	0.01%
	KBH	D	0.21%	0.03%	0.03%
	KFY	B	0.07%	0.02%	0.02%
	KHC	F	0.1%	0.21%	0.1%
	KR	B	0.22%	0.16%	0.16%
	LBRT	D	0.05%	0.01%	0.01%
	LEA	D	0.17%	0.01%	0.01%
	LEG	F	0.22%	0.01%	0.01%
	LEN	D	0.19%	0.06%	0.06%
	LEN	D	0.08%	0.06%	0.06%
	LKQ	D	0.16%	0.03%	0.03%
	LNC	B	0.32%	0.05%	0.05%
	LZB	B	0.14%	0.01%	0.01%
	M	D	0.22%	0.02%	0.02%
	MAN	D	0.12%	0.01%	0.01%
	MATX	C	0.21%	0.02%	0.02%
	MCK	B	0.35%	0.08%	0.08%
	MDU	D	0.18%	0.02%	0.02%
	MET	A	0.52%	0.22%	0.22%
	MLI	C	0.22%	0.04%	0.04%
	MLKN	D	0.07%	0.01%	0.01%
	MO	A	1.0%	0.7%	0.7%
	MOS	F	0.23%	0.02%	0.02%
	MPC	D	0.56%	0.22%	0.22%
	MS	A	0.32%	1.03%	0.32%
	MTB	A	0.18%	0.16%	0.16%
	MTDR	B	0.18%	0.01%	0.01%
	MTG	C	0.28%	0.04%	0.04%
	MU	D	0.59%	0.08%	0.08%
	MUR	D	0.29%	0.02%	0.02%
	NAVI	C	0.13%	0.01%	0.01%
	NBHC	B	0.03%	0.02%	0.02%
	NOG	A	0.07%	0.02%	0.02%
	NOV	C	0.19%	0.01%	0.01%
	NUE	C	0.38%	0.05%	0.05%
	NUS	D	0.15%	0.0%	0.0%
	NWSA	B	0.14%	0.03%	0.03%
	NXST	C	0.05%	0.03%	0.03%
	OC	A	0.07%	0.04%	0.04%
	OCFC	B	0.16%	0.02%	0.02%
	OFG	B	0.05%	0.03%	0.03%
	OGN	D	0.15%	0.03%	0.03%
	OLN	D	0.14%	0.01%	0.01%
	OMF	A	0.07%	0.05%	0.05%
	ONB	B	0.21%	0.02%	0.02%
	ORI	A	0.13%	0.07%	0.07%
	OVV	B	0.26%	0.04%	0.04%
	OXY	D	0.5%	0.07%	0.07%
	OZK	B	0.12%	0.03%	0.03%
	PATK	D	0.09%	0.03%	0.03%
	PBF	D	0.18%	0.01%	0.01%
	PBI	B	0.07%	0.01%	0.01%
	PCAR	B	0.42%	0.29%	0.29%
	PEBO	A	0.11%	0.02%	0.02%
	PFBC	B	0.02%	0.01%	0.01%
	PFG	D	0.06%	0.09%	0.06%
	PFS	B	0.06%	0.03%	0.03%
	PFSI	D	0.05%	0.01%	0.01%
	PHIN	A	0.1%	0.01%	0.01%
	PHM	D	0.11%	0.05%	0.05%
	PII	D	0.08%	0.02%	0.02%
	PINC	B	0.02%	0.02%	0.02%
	PM	B	0.13%	1.16%	0.13%
	PNC	B	0.33%	0.39%	0.33%
	PNFP	B	0.11%	0.01%	0.01%
	PR	B	0.17%	0.02%	0.02%
	PRDO	B	0.28%	0.01%	0.01%
	PRU	A	0.28%	0.25%	0.25%
	PSX	C	0.71%	0.2%	0.2%
	PTEN	C	0.21%	0.01%	0.01%
	PTVE	B	0.03%	0.01%	0.01%
	QCOM	F	0.07%	0.42%	0.07%
	QCRH	A	0.03%	0.03%	0.03%
	R	B	0.41%	0.03%	0.03%
	RDN	C	0.28%	0.04%	0.04%
	RF	A	0.1%	0.15%	0.1%
	RGA	A	0.04%	0.06%	0.04%
	RGP	F	0.05%	0.01%	0.01%
	RJF	A	0.08%	0.06%	0.06%
	RNST	B	0.1%	0.02%	0.02%
	RRC	B	0.1%	0.02%	0.02%
	RRX	B	0.12%	0.02%	0.02%
	RS	B	0.02%	0.05%	0.02%
	RTX	C	0.14%	0.56%	0.14%
	RUSHA	C	0.06%	0.03%	0.03%
	SAIC	F	0.1%	0.03%	0.03%
	SASR	B	0.11%	0.03%	0.03%
	SCHW	B	0.1%	0.23%	0.1%
	SEB	F	0.16%	0.01%	0.01%
	SF	B	0.14%	0.03%	0.03%
	SIRI	C	0.2%	0.03%	0.03%
	SJM	D	0.15%	0.05%	0.05%
	SLM	A	0.03%	0.02%	0.02%
	SLVM	B	0.16%	0.01%	0.01%
	SM	B	0.22%	0.01%	0.01%
	SNDR	B	0.15%	0.01%	0.01%
	SNV	B	0.2%	0.04%	0.04%
	SNX	C	0.24%	0.01%	0.01%
	SON	D	0.21%	0.03%	0.03%
	SRCE	B	0.08%	0.01%	0.01%
	SSB	B	0.08%	0.02%	0.02%
	SSNC	B	0.08%	0.03%	0.03%
	STBA	B	0.26%	0.02%	0.02%
	STC	B	0.1%	0.02%	0.02%
	STLD	B	0.13%	0.04%	0.04%
	STT	A	0.02%	0.13%	0.02%
	SYF	B	0.33%	0.09%	0.09%
	TAP	C	0.16%	0.04%	0.04%
	TDS	B	0.12%	0.02%	0.02%
	TEX	D	0.21%	0.01%	0.01%
	TGT	F	0.27%	0.25%	0.25%
	THG	A	0.04%	0.02%	0.02%
	TKR	D	0.09%	0.02%	0.02%
	TMUS	B	0.3%	0.76%	0.3%
	TNL	A	0.21%	0.03%	0.03%
	TOL	B	0.16%	0.01%	0.01%
	TPR	B	0.04%	0.06%	0.04%
	TRMK	B	0.07%	0.02%	0.02%
	TRST	A	0.07%	0.02%	0.02%
	TRV	B	0.48%	0.15%	0.15%
	TSN	B	0.07%	0.08%	0.07%
	TXT	D	0.09%	0.02%	0.02%
	UCB	A	0.02%	0.01%	0.01%
	UFPI	B	0.11%	0.02%	0.02%
	UHS	D	0.16%	0.02%	0.02%
	UNM	A	0.6%	0.06%	0.06%
	UPBD	B	0.07%	0.02%	0.02%
	USB	A	0.71%	0.42%	0.42%
	VAC	B	0.09%	0.02%	0.02%
	VLO	C	0.66%	0.17%	0.17%
	VLY	B	0.09%	0.04%	0.04%
	VSH	D	0.07%	0.01%	0.01%
	VTRS	A	0.25%	0.09%	0.09%
	WAFD	B	0.21%	0.02%	0.02%
	WAL	B	0.18%	0.03%	0.03%
	WBS	A	0.22%	0.05%	0.05%
	WCC	B	0.2%	0.01%	0.01%
	WERN	C	0.03%	0.01%	0.01%
	WFC	A	0.59%	0.9%	0.59%
	WKC	D	0.16%	0.01%	0.01%
	WMB	A	0.35%	0.35%	0.35%
	WMK	C	0.03%	0.01%	0.01%
	WSBC	A	0.08%	0.03%	0.03%
	WWW	B	0.15%	0.01%	0.01%
	XOM	B	0.86%	2.48%	0.86%
	XRAY	F	0.06%	0.01%	0.01%
	XRX	F	0.05%	0.01%	0.01%
	ZION	B	0.16%	0.04%	0.04%

VFVA Overweight 325 Positions Relative to DTD

	Symbol	Grade	Weight
	T	A	1.01%
	VZ	C	0.8%
	TFC	A	0.73%
	SLB	C	0.69%
	F	C	0.68%
	INTC	D	0.66%
	FI	A	0.53%
	CB	C	0.48%
	ESNT	D	0.45%
	FCX	D	0.43%
	ARW	D	0.43%
	MDT	D	0.42%
	RPRX	D	0.41%
	NEM	D	0.4%
	PFE	D	0.36%
	GT	C	0.34%
	LYB	F	0.3%
	GTES	A	0.3%
	UAL	A	0.29%
	MHK	D	0.28%
	BG	F	0.27%
	OI	C	0.27%
	ATKR	C	0.26%
	AXS	A	0.26%
	AZO	C	0.26%
	TTMI	B	0.25%
	PRGO	B	0.24%
	PYPL	B	0.24%
	INSW	F	0.24%
	CCL	B	0.23%
	ALK	C	0.23%
	DXC	B	0.23%
	CNC	D	0.22%
	UHAL	D	0.22%
	BHF	B	0.22%
	AMG	B	0.21%
	WHR	B	0.21%
	ASO	F	0.21%
	CLF	F	0.21%
	TPH	D	0.21%
	PVH	C	0.21%
	AMR	C	0.2%
	TGNA	B	0.2%
	DBX	B	0.2%
	ZI	D	0.2%
	ACGL	D	0.2%
	TROX	D	0.2%
	GPOR	B	0.2%
	RNR	C	0.2%
	ADNT	F	0.19%
	KOS	F	0.19%
	PUMP	B	0.19%
	MHO	D	0.19%
	IVZ	B	0.19%
	KNX	B	0.19%
	HCC	B	0.19%
	PCRX	C	0.19%
	BMBL	C	0.19%
	KEY	B	0.19%
	LILAK	D	0.19%
	CTRA	B	0.19%
	STNG	F	0.19%
	TNK	F	0.18%
	HAIN	C	0.18%
	AHCO	F	0.18%
	ODP	F	0.18%
	HELE	C	0.18%
	CCSI	C	0.18%
	DAR	C	0.17%
	ATSG	B	0.17%
	EFSC	B	0.17%
	MD	B	0.17%
	JAZZ	B	0.17%
	GIII	D	0.17%
	EG	C	0.17%
	IMKTA	C	0.17%
	RNG	B	0.17%
	ZD	C	0.17%
	PARR	D	0.16%
	AXL	C	0.16%
	ASIX	A	0.16%
	GNK	D	0.16%
	COMM	D	0.16%
	KOP	C	0.16%
	OMI	F	0.16%
	ABCB	B	0.16%
	BXC	B	0.16%
	CNH	C	0.16%
	SBH	C	0.16%
	NMRK	B	0.16%
	GLNG	C	0.15%
	MBUU	C	0.15%
	UTHR	C	0.15%
	ABG	B	0.15%
	ST	F	0.15%
	MCB	B	0.15%
	TWI	F	0.15%
	SPTN	D	0.15%
	CEIX	A	0.14%
	ELAN	D	0.14%
	IRWD	F	0.14%
	TPC	C	0.14%
	ECVT	C	0.14%
	SNCY	C	0.14%
	RMAX	C	0.14%
	PLTK	B	0.14%
	REZI	A	0.14%
	ASC	F	0.14%
	BRY	F	0.14%
	ALIT	C	0.14%
	APTV	D	0.14%
	TDOC	C	0.13%
	COOP	B	0.13%
	LPG	F	0.13%
	CFG	B	0.13%
	BELFB	C	0.13%
	JELD	F	0.13%
	VBTX	B	0.13%
	AR	B	0.13%
	GOGL	F	0.13%
	NWL	B	0.13%
	UNFI	A	0.12%
	GDOT	D	0.12%
	NAT	F	0.12%
	QRVO	F	0.12%
	GNW	A	0.12%
	HLX	B	0.12%
	ANDE	D	0.12%
	DCOM	A	0.12%
	RPAY	D	0.12%
	CMRE	C	0.12%
	PLAB	C	0.12%
	DOLE	D	0.12%
	JLL	D	0.12%
	RYI	C	0.12%
	DHT	F	0.12%
	APPS	F	0.12%
	SXC	A	0.12%
	STNE	F	0.11%
	SKYW	B	0.11%
	CLW	F	0.11%
	EYE	C	0.11%
	KMI	A	0.11%
	MTCH	D	0.11%
	FDP	B	0.11%
	PPBI	B	0.11%
	MATV	D	0.11%
	MTUS	C	0.11%
	IART	C	0.11%
	FIVE	F	0.11%
	SCSC	B	0.11%
	OMCL	C	0.11%
	ATGE	B	0.11%
	JRVR	F	0.11%
	HOPE	B	0.1%
	BV	B	0.1%
	TK	D	0.1%
	CSTM	F	0.1%
	LULU	C	0.1%
	SD	D	0.1%
	FHN	A	0.1%
	CUBI	C	0.1%
	DLTR	F	0.1%
	EGY	D	0.1%
	CHGG	D	0.1%
	FL	F	0.09%
	NX	C	0.09%
	MAT	D	0.09%
	SMP	B	0.09%
	GPRE	F	0.09%
	GCO	B	0.09%
	FOXF	F	0.09%
	SATS	D	0.09%
	UVE	B	0.09%
	VTOL	B	0.09%
	BZH	B	0.09%
	NVST	B	0.09%
	DNOW	B	0.09%
	HBI	B	0.09%
	MODG	F	0.09%
	SCHL	D	0.09%
	HVT	D	0.09%
	NTB	B	0.09%
	BHLB	B	0.08%
	SFL	D	0.08%
	RYAM	C	0.08%
	BLDR	D	0.08%
	BOOM	F	0.08%
	CWK	B	0.08%
	PLAY	D	0.08%
	NTCT	C	0.08%
	ACCO	C	0.08%
	ARCB	C	0.08%
	EAT	A	0.08%
	NBTB	B	0.08%
	DVN	F	0.08%
	SB	F	0.08%
	WYNN	D	0.07%
	OEC	C	0.07%
	SNEX	B	0.07%
	PAGS	F	0.07%
	INDB	B	0.07%
	MTW	C	0.07%
	HLF	C	0.07%
	CXW	B	0.07%
	BCC	B	0.07%
	DXPE	B	0.07%
	URBN	C	0.07%
	AX	A	0.07%
	CCRN	F	0.07%
	MMM	D	0.07%
	NIC	B	0.07%
	VREX	C	0.07%
	ZEUS	C	0.07%
	REVG	B	0.07%
	EMBC	C	0.07%
	NMIH	D	0.07%
	SANM	B	0.07%
	BBW	B	0.07%
	COHR	B	0.07%
	JHG	A	0.07%
	LBRDA	C	0.06%
	ALGT	B	0.06%
	LXU	B	0.06%
	GPI	A	0.06%
	PENN	C	0.06%
	CROX	D	0.06%
	FWRD	D	0.06%
	UIS	B	0.06%
	AMWD	C	0.06%
	NNI	D	0.06%
	DENN	D	0.06%
	CAL	D	0.06%
	OIS	C	0.06%
	TCBK	B	0.06%
	TMHC	B	0.06%
	BUR	C	0.06%
	SSP	F	0.06%
	KELYA	F	0.06%
	REPX	A	0.06%
	VSCO	B	0.06%
	ENVA	B	0.05%
	PRLB	A	0.05%
	BW	D	0.05%
	MTH	D	0.05%
	GRBK	D	0.05%
	HFWA	B	0.05%
	REX	D	0.05%
	LILA	D	0.05%
	WBD	C	0.05%
	FMC	D	0.05%
	CNOB	B	0.05%
	NWBI	B	0.05%
	TTEC	F	0.05%
	GHC	C	0.05%
	MATW	C	0.05%
	TOWN	B	0.05%
	TWLO	A	0.05%
	ASGN	F	0.05%
	HZO	D	0.04%
	MRC	B	0.04%
	GLDD	B	0.04%
	VRNT	C	0.04%
	WTTR	B	0.04%
	HNRG	B	0.04%
	WNC	C	0.04%
	MKL	A	0.04%
	AMPY	C	0.04%
	XPOF	C	0.04%
	HUBG	A	0.04%
	NCLH	B	0.04%
	ETWO	F	0.04%
	FFWM	C	0.04%
	PPC	C	0.04%
	DESP	B	0.04%
	MOV	C	0.04%
	UA	C	0.04%
	RDUS	C	0.04%
	TALO	C	0.04%
	BY	B	0.04%
	GEO	B	0.04%
	ANET	C	0.03%
	HOV	D	0.03%
	IGT	F	0.03%
	SCVL	F	0.03%
	HY	D	0.03%
	MBIN	D	0.03%
	CMCO	B	0.03%
	LC	A	0.03%
	CNDT	C	0.03%
	SWI	B	0.03%
	JILL	C	0.03%
	FF	D	0.03%
	HRTG	C	0.03%
	AMBC	C	0.03%
	AMAL	B	0.03%
	INMD	C	0.03%
	SHLS	F	0.03%
	USAP	B	0.03%
	OLPX	D	0.03%
	ZIMV	D	0.03%
	FOR	F	0.03%
	DRVN	B	0.03%
	IIIN	C	0.03%
	TBRG	B	0.02%
	NR	B	0.02%
	CMPR	D	0.02%
	NFBK	B	0.02%
	HGV	B	0.02%
	KODK	B	0.02%
	TITN	C	0.02%
	HDSN	F	0.02%
	ALKS	B	0.02%
	BAND	B	0.02%
	TTI	C	0.02%
	EIG	B	0.02%
	DG	F	0.02%
	GO	C	0.02%
	VYX	B	0.02%
	AMRX	C	0.02%
	FSLR	F	0.02%
	WRLD	C	0.02%
	MEI	D	0.02%
	PRA	C	0.02%
	OBK	B	0.02%

VFVA Underweight 524 Positions Relative to DTD

	Symbol	Grade	Weight
	AAPL	C	-3.03%
	MSFT	F	-2.78%
	AVGO	D	-2.39%
	NVDA	C	-2.38%
	ABBV	D	-1.97%
	HD	A	-1.78%
	WMT	A	-1.61%
	PG	A	-1.61%
	KO	D	-1.4%
	UNH	C	-1.24%
	PEP	F	-1.12%
	META	D	-0.92%
	GOOGL	C	-0.87%
	MCD	D	-0.83%
	MRK	F	-0.79%
	ORCL	B	-0.74%
	V	A	-0.67%
	TXN	C	-0.65%
	LLY	F	-0.63%
	LOW	D	-0.57%
	AMGN	D	-0.55%
	HON	B	-0.53%
	MA	C	-0.45%
	LMT	D	-0.45%
	CAT	B	-0.45%
	COST	B	-0.44%
	BLK	C	-0.43%
	UPS	C	-0.43%
	ABT	B	-0.42%
	SO	D	-0.41%
	SPG	B	-0.4%
	DUK	C	-0.39%
	BX	A	-0.39%
	OKE	A	-0.38%
	MDLZ	F	-0.37%
	UNP	C	-0.37%
	TJX	A	-0.35%
	ADP	B	-0.34%
	PLD	D	-0.33%
	D	C	-0.32%
	AXP	A	-0.32%
	ITW	B	-0.31%
	SBUX	A	-0.31%
	CL	D	-0.3%
	BKNG	A	-0.3%
	AMT	D	-0.27%
	PEG	A	-0.26%
	KMB	D	-0.26%
	PAYX	C	-0.25%
	O	D	-0.25%
	PSA	D	-0.25%
	VICI	C	-0.25%
	CRM	B	-0.25%
	MMC	B	-0.25%
	AEP	D	-0.24%
	WM	A	-0.24%
	SYK	C	-0.24%
	XEL	A	-0.22%
	ETR	B	-0.22%
	CCI	D	-0.22%
	ICE	C	-0.21%
	ADI	D	-0.21%
	PH	A	-0.2%
	SRE	A	-0.2%
	FAST	B	-0.19%
	CME	A	-0.19%
	WELL	A	-0.19%
	ED	D	-0.19%
	APD	A	-0.19%
	KVUE	A	-0.19%
	VST	B	-0.18%
	GLW	B	-0.17%
	CMI	A	-0.17%
	INTU	C	-0.17%
	SYY	B	-0.17%
	DLR	B	-0.17%
	FITB	A	-0.16%
	NSC	B	-0.16%
	GIS	D	-0.16%
	AVB	B	-0.16%
	GE	D	-0.16%
	EQIX	A	-0.16%
	SPGI	C	-0.16%
	TMO	F	-0.16%
	EXR	D	-0.15%
	MAR	B	-0.15%
	EXC	C	-0.15%
	EIX	B	-0.15%
	APH	A	-0.15%
	CTAS	B	-0.15%
	MSI	B	-0.15%
	NOC	D	-0.14%
	AMAT	F	-0.14%
	KDP	D	-0.14%
	NKE	D	-0.14%
	AMP	A	-0.14%
	DHR	F	-0.14%
	SHW	A	-0.13%
	ECL	D	-0.13%
	PGR	A	-0.13%
	TROW	B	-0.13%
	DFS	B	-0.13%
	HBAN	A	-0.13%
	KKR	A	-0.13%
	K	A	-0.13%
	LRCX	F	-0.12%
	ZTS	D	-0.12%
	AEE	A	-0.12%
	BKR	B	-0.12%
	LHX	C	-0.12%
	CSX	B	-0.11%
	BBY	D	-0.11%
	MCO	B	-0.11%
	TRGP	B	-0.11%
	PKG	A	-0.11%
	WEC	A	-0.11%
	ES	D	-0.11%
	STZ	D	-0.11%
	YUM	B	-0.11%
	FE	C	-0.11%
	DRI	B	-0.11%
	IRM	D	-0.11%
	CARR	D	-0.1%
	PPL	B	-0.1%
	KLAC	D	-0.1%
	ATO	A	-0.1%
	GWW	B	-0.1%
	RSG	A	-0.1%
	ARES	A	-0.1%
	OTIS	C	-0.1%
	EQR	B	-0.1%
	DD	D	-0.09%
	DTE	C	-0.09%
	NTRS	A	-0.09%
	PNW	B	-0.08%
	HSY	F	-0.08%
	TSCO	D	-0.08%
	URI	B	-0.08%
	CINF	A	-0.08%
	CEG	D	-0.08%
	VTR	C	-0.08%
	LVS	C	-0.08%
	CTSH	B	-0.08%
	PPG	F	-0.08%
	OMC	C	-0.08%
	LNG	B	-0.08%
	SNA	A	-0.08%
	NTAP	C	-0.08%
	EVRG	A	-0.08%
	HRL	D	-0.07%
	CMS	C	-0.07%
	NDAQ	A	-0.07%
	WRB	A	-0.07%
	AJG	B	-0.07%
	BR	A	-0.07%
	COR	B	-0.07%
	NRG	B	-0.07%
	ARE	D	-0.07%
	MCHP	D	-0.07%
	CLX	B	-0.07%
	GPC	D	-0.06%
	ESS	B	-0.06%
	CUBE	D	-0.06%
	IPG	D	-0.06%
	DOV	A	-0.06%
	MKC	D	-0.06%
	HLT	A	-0.06%
	AWK	D	-0.06%
	WSO	A	-0.06%
	OGE	B	-0.06%
	WPC	D	-0.06%
	LAMR	D	-0.06%
	LUV	C	-0.06%
	TXRH	C	-0.06%
	ROST	C	-0.06%
	LNT	A	-0.06%
	MAA	B	-0.06%
	GLPI	C	-0.06%
	NI	A	-0.06%
	HES	B	-0.06%
	ROK	B	-0.06%
	AM	A	-0.06%
	DELL	C	-0.06%
	INVH	D	-0.05%
	AME	A	-0.05%
	UDR	B	-0.05%
	LII	A	-0.05%
	JNPR	F	-0.05%
	GEN	B	-0.05%
	VMC	B	-0.05%
	KIM	A	-0.05%
	CBOE	B	-0.05%
	IR	B	-0.05%
	EVR	B	-0.05%
	HUBB	B	-0.05%
	CPB	D	-0.05%
	SWK	D	-0.05%
	MAS	D	-0.05%
	ROP	B	-0.05%
	WSM	B	-0.05%
	OWL	A	-0.05%
	UI	A	-0.05%
	CNP	B	-0.05%
	MSCI	C	-0.05%
	AIT	A	-0.04%
	MRO	B	-0.04%
	HST	C	-0.04%
	VRSK	A	-0.04%
	ERIE	D	-0.04%
	WAB	B	-0.04%
	PCG	A	-0.04%
	RPM	A	-0.04%
	ACI	C	-0.04%
	CFR	B	-0.04%
	BKH	A	-0.04%
	SWKS	F	-0.04%
	BRO	B	-0.04%
	CSL	C	-0.04%
	HLI	B	-0.04%
	EA	A	-0.04%
	CHRW	C	-0.04%
	ITT	A	-0.04%
	FRT	B	-0.04%
	TPL	A	-0.04%
	BAH	F	-0.04%
	NWE	B	-0.04%
	DKS	C	-0.04%
	XYL	D	-0.04%
	HWM	A	-0.04%
	NNN	D	-0.04%
	FHB	A	-0.04%
	BRX	A	-0.04%
	CHD	B	-0.04%
	ROL	B	-0.04%
	ODFL	B	-0.04%
	PWR	A	-0.04%
	SW	A	-0.04%
	LDOS	C	-0.04%
	MLM	B	-0.04%
	WY	D	-0.04%
	RMD	C	-0.04%
	LPLA	A	-0.03%
	KTB	B	-0.03%
	WLK	D	-0.03%
	WH	B	-0.03%
	ATR	B	-0.03%
	FTV	C	-0.03%
	SMG	D	-0.03%
	CNS	B	-0.03%
	PNM	F	-0.03%
	CPT	B	-0.03%
	MPWR	F	-0.03%
	TMP	B	-0.03%
	BANF	B	-0.03%
	CBT	C	-0.03%
	EHC	B	-0.03%
	MSM	C	-0.03%
	SR	A	-0.03%
	AVY	D	-0.03%
	ALE	A	-0.03%
	HLNE	B	-0.03%
	WST	C	-0.03%
	DCI	B	-0.03%
	JWN	C	-0.03%
	WEN	D	-0.03%
	POR	C	-0.03%
	FLO	D	-0.03%
	DPZ	C	-0.03%
	AIZ	A	-0.03%
	SCI	B	-0.03%
	EFX	F	-0.03%
	OGS	A	-0.03%
	BWXT	B	-0.03%
	VCTR	B	-0.03%
	WU	D	-0.03%
	FBP	B	-0.03%
	HUM	C	-0.03%
	CCOI	B	-0.03%
	SUI	D	-0.03%
	MTN	C	-0.03%
	FLS	B	-0.03%
	AFG	A	-0.03%
	SFNC	B	-0.03%
	GEHC	F	-0.03%
	WTRG	B	-0.03%
	BALL	D	-0.03%
	MC	C	-0.03%
	AWR	B	-0.03%
	NFG	A	-0.03%
	PB	A	-0.03%
	TFSL	A	-0.03%
	VRT	B	-0.03%
	LECO	B	-0.03%
	A	D	-0.03%
	HEI	B	-0.03%
	AROC	B	-0.03%
	AVA	A	-0.03%
	LH	C	-0.03%
	UGI	A	-0.03%
	PAG	B	-0.03%
	EXPD	D	-0.03%
	RL	B	-0.03%
	CDW	F	-0.03%
	PRI	A	-0.03%
	KMPR	B	-0.02%
	HTH	B	-0.02%
	TTEK	F	-0.02%
	TPX	B	-0.02%
	FR	C	-0.02%
	ZWS	B	-0.02%
	SSD	D	-0.02%
	HTLF	B	-0.02%
	UMBF	B	-0.02%
	CRI	D	-0.02%
	IOSP	B	-0.02%
	CWEN	C	-0.02%
	STEP	B	-0.02%
	UVSP	B	-0.02%
	MGEE	C	-0.02%
	HUN	F	-0.02%
	SPB	C	-0.02%
	BNL	D	-0.02%
	TKO	B	-0.02%
	WHD	B	-0.02%
	ARMK	B	-0.02%
	SEM	B	-0.02%
	SYBT	B	-0.02%
	MRTN	C	-0.02%
	OTTR	C	-0.02%
	NSA	D	-0.02%
	NYT	C	-0.02%
	ACM	A	-0.02%
	IBTX	B	-0.02%
	BRC	D	-0.02%
	SEIC	B	-0.02%
	WSFS	A	-0.02%
	GNTX	C	-0.02%
	BKE	B	-0.02%
	NEU	C	-0.02%
	LAD	A	-0.02%
	APOG	B	-0.02%
	WWD	B	-0.02%
	FCPT	C	-0.02%
	MCY	A	-0.02%
	NDSN	B	-0.02%
	MGY	A	-0.02%
	EPR	D	-0.02%
	IPAR	B	-0.02%
	ADTN	A	-0.02%
	OSK	B	-0.02%
	IBKR	A	-0.02%
	LW	C	-0.02%
	AMH	D	-0.02%
	UBSI	B	-0.02%
	VIRT	B	-0.02%
	HNI	B	-0.02%
	RHP	B	-0.02%
	RHI	B	-0.02%
	SBRA	C	-0.02%
	LCII	C	-0.02%
	EXP	A	-0.02%
	CAKE	C	-0.02%
	IDA	A	-0.02%
	VRTS	B	-0.02%
	MWA	B	-0.02%
	LPX	B	-0.02%
	KMT	B	-0.02%
	RGLD	C	-0.02%
	FBIN	D	-0.02%
	THO	B	-0.02%
	ELS	C	-0.02%
	TTC	D	-0.02%
	LSTR	D	-0.02%
	LANC	C	-0.02%
	STAG	F	-0.02%
	GTY	B	-0.02%
	KNTK	B	-0.02%
	JKHY	D	-0.02%
	TW	A	-0.02%
	JBHT	C	-0.02%
	IDCC	A	-0.02%
	VOYA	B	-0.02%
	CASY	A	-0.02%
	CVBF	A	-0.02%
	IBOC	A	-0.02%
	CBU	B	-0.02%
	SWX	B	-0.02%
	ZBH	C	-0.02%
	SBAC	D	-0.02%
	PRGS	A	-0.02%
	FDS	B	-0.02%
	CBSH	A	-0.02%
	TPG	A	-0.02%
	J	F	-0.02%
	AVNT	B	-0.02%
	REYN	D	-0.02%
	ALB	C	-0.02%
	NJR	A	-0.02%
	TRN	C	-0.02%
	GBCI	B	-0.02%
	AOS	F	-0.02%
	GGG	B	-0.02%
	POOL	C	-0.02%
	FBMS	B	-0.02%
	IEX	B	-0.02%
	AWI	A	-0.02%
	REG	B	-0.02%
	IIPR	D	-0.01%
	CHCO	B	-0.01%
	DK	C	-0.01%
	AESI	B	-0.01%
	IRDM	D	-0.01%
	IBP	D	-0.01%
	COLD	D	-0.01%
	COKE	C	-0.01%
	WMG	C	-0.01%
	BMI	B	-0.01%
	DLB	B	-0.01%
	LXP	D	-0.01%
	WOR	F	-0.01%
	GES	F	-0.01%
	PCH	D	-0.01%
	CABO	C	-0.01%
	OXM	D	-0.01%
	SCL	C	-0.01%
	WINA	B	-0.01%
	BRKR	D	-0.01%
	MUSA	A	-0.01%
	SCS	C	-0.01%
	KNSL	B	-0.01%
	HXL	D	-0.01%
	LEVI	F	-0.01%
	CWEN	C	-0.01%
	OLED	D	-0.01%
	ASH	D	-0.01%
	CHE	D	-0.01%
	AGM	C	-0.01%
	MCRI	A	-0.01%
	ORA	B	-0.01%
	CHH	A	-0.01%
	KRO	D	-0.01%
	GRNT	B	-0.01%
	CXT	B	-0.01%
	COLM	B	-0.01%
	SLGN	A	-0.01%
	RRR	D	-0.01%
	X	C	-0.01%
	EGP	F	-0.01%
	SFBS	B	-0.01%
	JJSF	B	-0.01%
	PDCO	D	-0.01%
	ENR	B	-0.01%
	CHDN	B	-0.01%
	SAFT	C	-0.01%
	MKTX	D	-0.01%
	KRC	C	-0.01%
	UTZ	D	-0.01%
	UVV	B	-0.01%
	RLI	B	-0.01%
	AZZ	B	-0.01%
	HP	B	-0.01%
	KLG	C	-0.01%
	MORN	B	-0.01%
	AAON	B	-0.01%
	PZZA	D	-0.01%
	HMN	B	-0.01%
	SIGI	C	-0.01%
	EDR	A	-0.01%
	KSS	F	-0.01%
	FIX	A	-0.01%
	MMS	F	-0.01%
	BOH	B	-0.01%
	AMSF	B	-0.01%
	TECH	D	-0.01%
	KWR	C	-0.01%
	SSBK	B	-0.01%
	EXPO	D	-0.01%
	CHX	C	-0.01%
	NSP	D	-0.01%
	MSA	D	-0.01%
	FG	B	-0.01%
	BCO	D	-0.01%
	EME	C	-0.01%
	CPK	A	-0.01%
	KBR	F	-0.01%
	L	A	-0.01%
	MKSI	C	-0.01%
	STRA	C	-0.01%
	BSY	D	-0.01%
	ABM	B	-0.01%
	GOLF	B	-0.01%
	WDFC	B	-0.01%
	ADC	B	-0.01%
	VMI	B	-0.01%
	UTL	B	-0.01%
	LFUS	F	-0.01%
	WGO	C	-0.01%
	WMS	D	-0.01%
	FFIN	B	-0.01%
	WD	D	-0.01%
	SXT	B	-0.01%
	SLG	B	-0.01%
	PRK	B	-0.01%
	SHOO	D	-0.01%
	VLTO	D	-0.01%
	SKT	B	-0.01%
	JBT	B	-0.01%
	TER	D	-0.01%
	WTFC	A	-0.01%
	MSBI	B	-0.01%
	POWL	C	-0.01%
	CCK	C	-0.01%
	SEE	C	-0.01%
	PAYC	B	-0.01%
	CVI	F	-0.01%
	CRS	A	-0.01%
	MAC	B	-0.0%
	POWI	D	-0.0%
	KW	B	-0.0%
	NWS	B	-0.0%
	RELL	B	-0.0%
	NFE	D	-0.0%
	UWMC	D	-0.0%
	CWH	B	-0.0%

VFVA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Insurance - Property & Casualty Shipping & Ports Asset Management Credit Services Residential Construction Oil & Gas Equipment & Services Auto Parts Software - Application Specialty Retail Chemicals Insurance - Life Apparel Stores Business Services Information Technology Services Specialty Chemicals Steel Diversified Industrials Drug Manufacturers - Specialty & Generic

Keywords: S&P 500 Bank Banking Insurance Deposit Products Natural Gas Commercial Banking Real Estate Loans Chemical Commercial Bank Insurance Products Mining Transport Investment Management Loan Petroleum Industry Life Insurance Computing Nasdaq 100 Retail Store

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 Insurance Products Commercial Bank Plastic