VFVA vs. PRF ETF Comparison

Comparison of Vanguard Wellington Fund ETF (VFVA) to Powershares FTSE RAFI US 1000 Portfolio (PRF)

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

$121.51

Average Daily Volume

26,055

Number of Holdings ^*

556

* may have additional holdings in another (foreign) market

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$40.57

Average Daily Volume

294,944

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

Performance

Period	VFVA	PRF
30 Days	4.23%	3.13%
60 Days	2.18%	4.00%
90 Days	8.36%	7.05%
12 Months	22.78%	25.91%

334 Overlapping Holdings

Symbol	Grade	Weight in VFVA	Weight in PRF	Overlap
AAL	D	0.08%	0.01%	0.01%
AAP	F	0.14%	0.02%	0.02%
ABCB	B	0.15%	0.02%	0.02%
ABG	D	0.16%	0.03%	0.03%
ACGL	C	0.2%	0.08%	0.08%
ADM	D	0.44%	0.26%	0.26%
ADNT	F	0.16%	0.02%	0.02%
AFL	C	0.1%	0.21%	0.1%
AGCO	D	0.15%	0.03%	0.03%
AIG	D	0.58%	0.31%	0.31%
AL	D	0.53%	0.03%	0.03%
ALIT	D	0.06%	0.01%	0.01%
ALL	B	0.19%	0.2%	0.19%
ALLY	F	0.32%	0.08%	0.08%
ALSN	B	0.14%	0.02%	0.02%
AMG	C	0.2%	0.02%	0.02%
AMKR	F	0.13%	0.01%	0.01%
AMR	F	0.05%	0.01%	0.01%
ANDE	D	0.11%	0.01%	0.01%
APA	F	0.05%	0.04%	0.04%
AR	F	0.05%	0.04%	0.04%
ARCB	D	0.04%	0.01%	0.01%
ARCH	F	0.13%	0.01%	0.01%
ARW	C	0.18%	0.09%	0.09%
ASB	D	0.14%	0.02%	0.02%
ASGN	D	0.06%	0.02%	0.02%
ASO	C	0.15%	0.01%	0.01%
ATKR	F	0.04%	0.01%	0.01%
AUB	D	0.12%	0.01%	0.01%
AVT	C	0.19%	0.04%	0.04%
AXL	F	0.13%	0.01%	0.01%
AXS	B	0.26%	0.03%	0.03%
AZO	D	0.28%	0.07%	0.07%
BAC	D	0.88%	1.23%	0.88%
BBWI	F	0.2%	0.02%	0.02%
BC	C	0.07%	0.02%	0.02%
BCC	B	0.02%	0.02%	0.02%
BDX	D	0.15%	0.14%	0.14%
BEN	F	0.06%	0.03%	0.03%
BERY	B	0.37%	0.04%	0.04%
BG	D	0.26%	0.12%	0.12%
BGS	D	0.17%	0.01%	0.01%
BHF	F	0.24%	0.02%	0.02%
BK	B	0.47%	0.26%	0.26%
BKU	C	0.16%	0.02%	0.02%
BLDR	C	0.06%	0.06%	0.06%
BMY	C	0.76%	0.36%	0.36%
BOKF	B	0.08%	0.01%	0.01%
BPOP	C	0.07%	0.03%	0.03%
BTU	D	0.14%	0.02%	0.02%
BWA	D	0.19%	0.05%	0.05%
BXC	D	0.15%	0.01%	0.01%
BYD	C	0.18%	0.01%	0.01%
C	C	0.84%	1.02%	0.84%
CABO	F	0.13%	0.01%	0.01%
CADE	C	0.16%	0.02%	0.02%
CAG	C	0.28%	0.08%	0.08%
CAH	C	0.34%	0.29%	0.29%
CATY	C	0.09%	0.01%	0.01%
CB	B	0.49%	0.32%	0.32%
CC	F	0.03%	0.02%	0.02%
CCS	B	0.2%	0.01%	0.01%
CE	F	0.33%	0.04%	0.04%
CF	C	0.11%	0.06%	0.06%
CFG	C	0.18%	0.14%	0.14%
CFR	C	0.03%	0.02%	0.02%
CG	D	0.04%	0.02%	0.02%
CHRD	F	0.26%	0.02%	0.02%
CI	C	0.67%	0.44%	0.44%
CIVI	F	0.18%	0.01%	0.01%
CLF	F	0.2%	0.03%	0.03%
CMA	B	0.14%	0.05%	0.05%
CMC	D	0.15%	0.02%	0.02%
CMCSA	D	0.98%	0.75%	0.75%
CNC	D	0.17%	0.29%	0.17%
CNO	B	0.04%	0.02%	0.02%
CNXC	F	0.27%	0.01%	0.01%
COF	B	0.69%	0.33%	0.33%
COHR	C	0.11%	0.03%	0.03%
COLB	B	0.29%	0.02%	0.02%
COOP	C	0.13%	0.03%	0.03%
COP	D	0.54%	0.41%	0.41%
CRBG	D	0.02%	0.06%	0.02%
CRC	C	0.17%	0.01%	0.01%
CSCO	C	0.14%	0.58%	0.14%
CTRA	D	0.24%	0.07%	0.07%
CVS	D	1.02%	0.59%	0.59%
CVX	D	0.77%	1.06%	0.77%
CWK	B	0.07%	0.02%	0.02%
CXW	F	0.08%	0.01%	0.01%
DAL	C	0.21%	0.03%	0.03%
DAN	F	0.16%	0.01%	0.01%
DAR	F	0.19%	0.02%	0.02%
DE	B	0.08%	0.23%	0.08%
DGX	B	0.04%	0.07%	0.04%
DHI	B	0.26%	0.15%	0.15%
DINO	F	0.21%	0.04%	0.04%
DK	F	0.05%	0.02%	0.02%
DOW	D	0.2%	0.22%	0.2%
DTM	B	0.17%	0.03%	0.03%
DVN	F	0.02%	0.11%	0.02%
DXC	C	0.23%	0.05%	0.05%
EBAY	B	0.04%	0.1%	0.04%
EG	C	0.12%	0.05%	0.05%
ELAN	D	0.15%	0.03%	0.03%
ELV	C	0.08%	0.4%	0.08%
EMN	B	0.09%	0.07%	0.07%
ENS	D	0.03%	0.01%	0.01%
EOG	D	0.65%	0.25%	0.25%
EQH	C	0.08%	0.05%	0.05%
EQT	D	0.11%	0.06%	0.06%
ESGR	D	0.24%	0.02%	0.02%
ESI	D	0.03%	0.01%	0.01%
ESNT	B	0.44%	0.02%	0.02%
EWBC	D	0.08%	0.03%	0.03%
F	F	0.99%	0.4%	0.4%
FAF	B	0.07%	0.04%	0.04%
FANG	D	0.39%	0.08%	0.08%
FCNCA	D	0.13%	0.03%	0.03%
FCX	D	0.44%	0.14%	0.14%
FDX	C	1.09%	0.32%	0.32%
FFBC	D	0.2%	0.01%	0.01%
FHN	D	0.18%	0.04%	0.04%
FIBK	B	0.07%	0.01%	0.01%
FIS	B	0.25%	0.15%	0.15%
FNB	C	0.21%	0.03%	0.03%
FNF	B	0.13%	0.07%	0.07%
FOX	B	0.39%	0.02%	0.02%
FULT	D	0.15%	0.02%	0.02%
GATX	D	0.05%	0.02%	0.02%
GD	B	0.28%	0.2%	0.2%
GEF	D	0.05%	0.01%	0.01%
GHC	B	0.05%	0.01%	0.01%
GILD	B	0.58%	0.36%	0.36%
GIS	B	0.19%	0.15%	0.15%
GL	C	0.07%	0.03%	0.03%
GM	C	1.11%	0.67%	0.67%
GNW	B	0.12%	0.02%	0.02%
GOOG	D	0.07%	0.82%	0.07%
GPI	B	0.17%	0.04%	0.04%
GPK	B	0.06%	0.03%	0.03%
GPN	D	0.02%	0.07%	0.02%
GS	C	0.46%	0.66%	0.46%
GT	F	0.2%	0.03%	0.03%
GTN	D	0.17%	0.01%	0.01%
HBAN	B	0.07%	0.1%	0.07%
HBI	B	0.1%	0.04%	0.04%
HCA	B	0.69%	0.19%	0.19%
HCC	F	0.08%	0.01%	0.01%
HIG	B	0.07%	0.15%	0.07%
HII	D	0.11%	0.03%	0.03%
HLF	F	0.14%	0.02%	0.02%
HOG	C	0.17%	0.02%	0.02%
HOMB	B	0.02%	0.02%	0.02%
HPE	D	0.27%	0.16%	0.16%
HPQ	D	0.5%	0.18%	0.18%
HRB	C	0.17%	0.03%	0.03%
HRI	D	0.11%	0.01%	0.01%
HUBG	C	0.04%	0.02%	0.02%
HUM	F	0.27%	0.17%	0.17%
HWC	D	0.2%	0.02%	0.02%
IBM	B	0.16%	0.57%	0.16%
INDB	C	0.06%	0.01%	0.01%
INGR	B	0.16%	0.04%	0.04%
INTC	F	0.25%	0.37%	0.25%
IP	B	0.02%	0.14%	0.02%
IVZ	B	0.18%	0.05%	0.05%
JAZZ	D	0.16%	0.02%	0.02%
JEF	B	0.23%	0.06%	0.06%
JELD	D	0.08%	0.01%	0.01%
JHG	B	0.07%	0.03%	0.03%
JLL	B	0.14%	0.06%	0.06%
JNJ	C	0.19%	1.05%	0.19%
JPM	D	0.64%	2.0%	0.64%
JXN	A	0.09%	0.08%	0.08%
KBH	A	0.23%	0.03%	0.03%
KEY	B	0.18%	0.1%	0.1%
KHC	C	0.21%	0.16%	0.16%
KMI	B	0.11%	0.25%	0.11%
KNX	C	0.2%	0.03%	0.03%
KR	C	0.22%	0.31%	0.22%
LEA	F	0.16%	0.04%	0.04%
LEG	D	0.21%	0.02%	0.02%
LEN	B	0.21%	0.01%	0.01%
LEN	B	0.21%	0.14%	0.14%
LEN	B	0.26%	0.14%	0.14%
LEN	B	0.26%	0.01%	0.01%
LKQ	F	0.08%	0.04%	0.04%
LNC	D	0.35%	0.06%	0.06%
LYB	D	0.33%	0.17%	0.17%
M	F	0.19%	0.05%	0.05%
MAN	C	0.13%	0.03%	0.03%
MCK	F	0.48%	0.4%	0.4%
MDT	C	0.41%	0.38%	0.38%
MDU	C	0.18%	0.03%	0.03%
MET	B	0.49%	0.28%	0.28%
MHK	C	0.4%	0.06%	0.06%
MHO	B	0.15%	0.02%	0.02%
MKL	C	0.04%	0.08%	0.04%
MLI	A	0.19%	0.02%	0.02%
MLKN	D	0.09%	0.01%	0.01%
MMM	B	0.06%	0.44%	0.06%
MO	C	1.17%	0.52%	0.52%
MOS	F	0.19%	0.06%	0.06%
MPC	F	0.7%	0.34%	0.34%
MS	D	0.34%	0.45%	0.34%
MTB	B	0.18%	0.13%	0.13%
MTDR	F	0.17%	0.01%	0.01%
MTG	B	0.3%	0.02%	0.02%
MTH	A	0.21%	0.04%	0.04%
MUR	F	0.21%	0.02%	0.02%
NAVI	C	0.14%	0.02%	0.02%
NUE	F	0.63%	0.12%	0.12%
NUS	F	0.14%	0.01%	0.01%
NVST	D	0.16%	0.02%	0.02%
NWL	C	0.21%	0.03%	0.03%
NWSA	D	0.18%	0.03%	0.03%
NXST	D	0.06%	0.03%	0.03%
OC	D	0.08%	0.04%	0.04%
ODP	F	0.1%	0.01%	0.01%
OGN	D	0.23%	0.05%	0.05%
OI	D	0.23%	0.02%	0.02%
OLN	D	0.15%	0.03%	0.03%
OMF	D	0.14%	0.05%	0.05%
OMI	D	0.11%	0.01%	0.01%
ONB	C	0.27%	0.02%	0.02%
ORI	B	0.13%	0.06%	0.06%
OVV	F	0.2%	0.04%	0.04%
OXY	F	0.54%	0.14%	0.14%
OZK	D	0.13%	0.02%	0.02%
PARR	F	0.15%	0.01%	0.01%
PB	B	0.17%	0.03%	0.03%
PBF	F	0.36%	0.04%	0.04%
PCAR	D	0.08%	0.12%	0.08%
PENN	D	0.07%	0.03%	0.03%
PFE	C	0.65%	0.91%	0.65%
PFG	B	0.06%	0.1%	0.06%
PFSI	C	0.05%	0.01%	0.01%
PHIN	B	0.1%	0.02%	0.02%
PHM	B	0.33%	0.08%	0.08%
PINC	C	0.15%	0.01%	0.01%
PM	C	0.13%	0.68%	0.13%
PNC	B	0.31%	0.33%	0.31%
PNFP	B	0.1%	0.02%	0.02%
PPBI	D	0.11%	0.01%	0.01%
PRGO	D	0.2%	0.02%	0.02%
PRU	C	0.45%	0.23%	0.23%
PSX	F	0.86%	0.29%	0.29%
PVH	F	0.17%	0.02%	0.02%
PYPL	B	0.2%	0.18%	0.18%
QCOM	D	0.07%	0.33%	0.07%
QRVO	F	0.15%	0.03%	0.03%
R	A	0.41%	0.06%	0.06%
RDN	C	0.28%	0.02%	0.02%
REZI	D	0.16%	0.01%	0.01%
RF	B	0.11%	0.11%	0.11%
RGA	C	0.05%	0.06%	0.05%
RJF	C	0.09%	0.05%	0.05%
RNR	C	0.14%	0.02%	0.02%
RPRX	C	0.19%	0.02%	0.02%
RRC	D	0.06%	0.01%	0.01%
RRX	C	0.11%	0.03%	0.03%
RS	D	0.02%	0.05%	0.02%
RTX	C	0.13%	0.51%	0.13%
RUSHA	C	0.06%	0.01%	0.01%
SAIC	C	0.1%	0.02%	0.02%
SANM	D	0.08%	0.03%	0.03%
SBH	B	0.14%	0.01%	0.01%
SCHW	D	0.12%	0.15%	0.12%
SF	A	0.14%	0.03%	0.03%
SFNC	B	0.04%	0.01%	0.01%
SIG	C	0.18%	0.02%	0.02%
SLB	F	0.28%	0.13%	0.13%
SLM	D	0.04%	0.02%	0.02%
SLVM	B	0.17%	0.02%	0.02%
SM	F	0.27%	0.02%	0.02%
SNV	C	0.24%	0.03%	0.03%
SNX	D	0.19%	0.04%	0.04%
SON	C	0.15%	0.03%	0.03%
SSB	B	0.1%	0.02%	0.02%
SSNC	B	0.07%	0.04%	0.04%
ST	D	0.18%	0.02%	0.02%
STLD	F	0.16%	0.06%	0.06%
STNE	F	0.03%	0.01%	0.01%
STT	A	0.02%	0.15%	0.02%
SYF	C	0.4%	0.17%	0.17%
T	C	1.09%	1.21%	1.09%
TAP	D	0.3%	0.05%	0.05%
TDS	C	0.18%	0.04%	0.04%
TEX	F	0.13%	0.01%	0.01%
TFC	C	0.83%	0.34%	0.34%
TGNA	D	0.2%	0.02%	0.02%
TGT	C	0.12%	0.3%	0.12%
THG	B	0.04%	0.02%	0.02%
TKR	D	0.1%	0.02%	0.02%
TMHC	A	0.3%	0.04%	0.04%
TMUS	C	0.29%	0.3%	0.29%
TNL	D	0.23%	0.02%	0.02%
TOL	B	0.16%	0.05%	0.05%
TPH	C	0.23%	0.03%	0.03%
TPR	C	0.04%	0.03%	0.03%
TROX	F	0.24%	0.01%	0.01%
TRV	C	0.47%	0.23%	0.23%
TTMI	D	0.31%	0.01%	0.01%
TXT	D	0.1%	0.05%	0.05%
UA	D	0.11%	0.01%	0.01%
UAL	C	0.29%	0.04%	0.04%
UBSI	B	0.08%	0.02%	0.02%
UCBI	B	0.02%	0.01%	0.01%
UFPI	C	0.11%	0.02%	0.02%
UHAL	A	0.21%	0.0%	0.0%
UHAL	A	0.21%	0.02%	0.02%
UHS	B	0.18%	0.06%	0.06%
UNFI	C	0.16%	0.01%	0.01%
UNM	B	0.39%	0.07%	0.07%
USB	B	0.69%	0.35%	0.35%
UTHR	C	0.23%	0.04%	0.04%
UVV	D	0.04%	0.01%	0.01%
VAC	F	0.1%	0.01%	0.01%
VLO	F	0.86%	0.34%	0.34%
VLY	C	0.19%	0.02%	0.02%
VSH	F	0.09%	0.01%	0.01%
VTRS	D	0.23%	0.09%	0.09%
VZ	B	0.99%	1.36%	0.99%
WAL	B	0.15%	0.03%	0.03%
WBS	D	0.25%	0.03%	0.03%
WCC	D	0.15%	0.04%	0.04%
WERN	D	0.04%	0.01%	0.01%
WFC	D	0.74%	0.97%	0.74%
WMB	B	0.36%	0.2%	0.2%
XOM	C	0.68%	2.19%	0.68%
XRAY	D	0.06%	0.01%	0.01%
XRX	D	0.13%	0.02%	0.02%
ZION	D	0.16%	0.04%	0.04%

VFVA Overweight 225 Positions Relative to PRF

Symbol	Grade	Weight
PRDO	D	0.34%
MATX	B	0.33%
INSW	D	0.31%
GTES	C	0.3%
TNK	F	0.26%
ALGT	F	0.26%
STNG	D	0.25%
STBA	B	0.23%
WWW	B	0.22%
LILAK	D	0.22%
MBUU	D	0.22%
GPOR	D	0.22%
ALK	C	0.21%
DIN	F	0.21%
EFSC	B	0.2%
OCFC	B	0.2%
ASC	D	0.2%
CLW	F	0.2%
CHGG	F	0.19%
WAFD	C	0.19%
GNK	D	0.19%
SNCY	D	0.18%
CCSI	C	0.18%
SKYW	C	0.18%
EAT	A	0.18%
JACK	F	0.18%
PTEN	F	0.17%
HOPE	B	0.17%
SEB	D	0.17%
AHCO	C	0.17%
GLNG	C	0.17%
WSBC	D	0.16%
SNDR	B	0.16%
LZB	C	0.16%
ATSG	D	0.16%
IMKTA	D	0.15%
GIII	C	0.15%
XPOF	D	0.15%
PFS	B	0.15%
HAIN	D	0.15%
CUBI	F	0.15%
RNG	F	0.15%
BZH	B	0.15%
MD	C	0.15%
BRY	F	0.15%
PLTK	C	0.15%
RNST	D	0.15%
ZD	D	0.15%
DLX	D	0.15%
NMRK	A	0.14%
PEBO	C	0.14%
PR	F	0.14%
BELFB	B	0.14%
HLX	F	0.14%
MCB	C	0.14%
DHT	D	0.14%
IRWD	F	0.14%
PUMP	D	0.14%
ATGE	C	0.14%
TOWN	B	0.13%
VBTX	B	0.13%
TRMK	C	0.13%
KOP	F	0.13%
BUSE	C	0.13%
EGBN	C	0.13%
JRVR	F	0.13%
TPC	C	0.13%
TWI	D	0.12%
DCOM	B	0.12%
STC	B	0.12%
VGR	B	0.12%
BANC	B	0.12%
EBC	B	0.12%
SPTN	C	0.12%
PATK	B	0.12%
CRGY	D	0.12%
COMM	C	0.12%
SB	D	0.11%
FCF	C	0.11%
NAT	D	0.11%
PAGS	F	0.11%
APPS	D	0.11%
EVRI	C	0.11%
CEIX	D	0.11%
AMCX	F	0.11%
BMBL	F	0.1%
NX	F	0.1%
GDOT	C	0.1%
SXC	F	0.1%
HOV	C	0.1%
VTOL	D	0.1%
TRST	C	0.1%
GRBK	B	0.1%
ASIX	C	0.1%
DOLE	A	0.1%
NTB	C	0.1%
CMRE	D	0.1%
SFL	F	0.1%
RYI	D	0.1%
SCSC	D	0.09%
UVE	C	0.09%
NNI	B	0.09%
SCHL	D	0.09%
TCBK	D	0.09%
GOGL	D	0.09%
AX	D	0.09%
REVG	D	0.09%
FWRD	C	0.09%
FDP	C	0.09%
DBX	D	0.09%
MTUS	F	0.09%
BV	C	0.09%
CNA	C	0.09%
SASR	B	0.09%
RPAY	F	0.08%
FFWM	D	0.08%
SD	D	0.08%
FRME	D	0.08%
NBTB	D	0.08%
HFWA	C	0.08%
RMAX	C	0.08%
NWBI	C	0.08%
BANR	B	0.08%
SRCE	C	0.08%
NOG	D	0.08%
MATV	C	0.08%
WNC	F	0.08%
MTW	F	0.08%
INMD	D	0.07%
PFC	C	0.07%
CROX	D	0.07%
KFY	B	0.07%
DXPE	C	0.07%
RGP	F	0.07%
BOOM	D	0.07%
OMCL	C	0.07%
SNEX	B	0.07%
NIC	C	0.07%
NTCT	C	0.07%
LPG	F	0.07%
HAFC	C	0.07%
BHLB	B	0.07%
SSP	F	0.07%
CAL	F	0.07%
ACCO	C	0.07%
EMBC	C	0.07%
NMIH	B	0.07%
LILA	D	0.06%
OFG	C	0.06%
CCRN	F	0.06%
TITN	F	0.06%
SMP	C	0.06%
OIS	D	0.06%
CNOB	B	0.06%
BRKL	C	0.06%
KOS	F	0.06%
LBRT	D	0.06%
PCRX	F	0.06%
EGY	D	0.06%
MATW	F	0.05%
ETWO	C	0.05%
CFFN	D	0.05%
DNB	C	0.05%
LXU	D	0.05%
TALO	D	0.05%
MOV	F	0.05%
MCFT	F	0.05%
HVT	D	0.05%
TTEC	F	0.05%
IIIN	D	0.05%
VRNT	F	0.05%
PPC	D	0.05%
FBMS	B	0.05%
TK	C	0.05%
KELYA	D	0.05%
REX	D	0.05%
CNDT	C	0.05%
GCO	D	0.05%
AMWD	D	0.05%
PLAB	F	0.05%
KODK	D	0.04%
LC	D	0.04%
RDUS	D	0.04%
FBNC	B	0.04%
IART	F	0.04%
BBW	C	0.04%
ENVA	C	0.04%
FOXF	D	0.04%
BY	C	0.04%
HGV	F	0.04%
OBK	D	0.04%
HBNC	B	0.04%
REPX	D	0.04%
ZEUS	F	0.04%
BW	D	0.04%
IMMR	D	0.03%
PFBC	D	0.03%
SCVL	B	0.03%
KRO	D	0.03%
OLPX	C	0.03%
UIS	C	0.03%
NBHC	D	0.03%
QCRH	B	0.03%
EPC	F	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%
WMK	C	0.03%
AMAL	B	0.03%
WTTR	D	0.03%
DRVN	C	0.03%
EIG	C	0.02%
MED	F	0.02%
OXM	F	0.02%
GBX	C	0.02%
RYAM	B	0.02%
ZIMV	F	0.02%
VREX	F	0.02%
ACT	B	0.02%
HRTG	C	0.01%
AMPY	D	0.01%
FF	C	0.01%

VFVA Underweight 644 Positions Relative to PRF

Symbol	Grade	Weight
BRK.A	C	-2.39%
AAPL	C	-2.38%
MSFT	C	-1.98%
AMZN	C	-1.63%
WMT	C	-1.16%
UNH	C	-1.12%
GOOGL	D	-0.97%
META	B	-0.92%
PG	C	-0.78%
HD	B	-0.71%
ABBV	C	-0.69%
COST	B	-0.59%
KO	C	-0.56%
PEP	C	-0.55%
MRK	D	-0.51%
AVGO	C	-0.51%
DUK	C	-0.45%
NEE	C	-0.45%
SO	B	-0.39%
AMGN	B	-0.38%
LMT	C	-0.38%
DIS	D	-0.37%
LOW	B	-0.34%
ABT	C	-0.34%
TXN	C	-0.34%
UPS	D	-0.33%
LIN	B	-0.31%
CAT	B	-0.31%
BLK	B	-0.3%
ORCL	C	-0.3%
MCD	B	-0.3%
TSLA	C	-0.29%
MU	F	-0.29%
AXP	B	-0.28%
HON	D	-0.28%
UNP	C	-0.28%
D	C	-0.28%
LLY	C	-0.27%
TMO	B	-0.27%
ACN	C	-0.26%
V	C	-0.25%
PGR	B	-0.25%
AEP	C	-0.24%
NVDA	D	-0.23%
CHTR	D	-0.23%
GE	B	-0.23%
NEM	B	-0.22%
EXC	C	-0.22%
MDLZ	B	-0.22%
TJX	B	-0.2%
CRM	D	-0.2%
SBUX	C	-0.19%
SPGI	B	-0.19%
NOC	B	-0.19%
DHR	B	-0.19%
AMT	C	-0.19%
MA	B	-0.18%
NFLX	B	-0.18%
ADI	C	-0.18%
PLD	C	-0.18%
SRE	C	-0.18%
ETN	C	-0.17%
DD	B	-0.17%
AMD	D	-0.17%
ED	C	-0.17%
DFS	B	-0.16%
TSN	C	-0.16%
OKE	B	-0.16%
REGN	C	-0.16%
JCI	B	-0.16%
CL	D	-0.16%
WELL	C	-0.16%
CCI	C	-0.15%
MMC	C	-0.15%
SYY	D	-0.15%
CME	C	-0.15%
EIX	C	-0.15%
APD	B	-0.15%
KMB	D	-0.15%
BBY	C	-0.15%
PEG	B	-0.15%
CSX	D	-0.14%
ADP	B	-0.14%
PPL	C	-0.14%
BA	F	-0.14%
XEL	B	-0.14%
THC	A	-0.13%
AMAT	D	-0.13%
ICE	C	-0.13%
FITB	B	-0.13%
NKE	D	-0.13%
ADBE	F	-0.13%
CMI	C	-0.13%
NSC	C	-0.13%
WBD	D	-0.13%
ETR	B	-0.13%
WEC	C	-0.12%
PARA	F	-0.12%
GLW	C	-0.12%
CBRE	A	-0.12%
SPG	B	-0.12%
FE	C	-0.12%
CARR	B	-0.12%
WBA	F	-0.12%
ITW	C	-0.12%
CEG	C	-0.12%
BSX	B	-0.12%
VTR	C	-0.12%
EMR	D	-0.12%
ES	C	-0.12%
SYK	C	-0.12%
DLR	B	-0.12%
WM	D	-0.12%
KKR	B	-0.11%
WDC	D	-0.11%
DTE	C	-0.11%
KDP	B	-0.11%
BIIB	F	-0.11%
LHX	C	-0.11%
O	C	-0.11%
BX	B	-0.11%
PCG	C	-0.11%
BKR	C	-0.1%
PH	B	-0.1%
WY	C	-0.1%
URI	B	-0.1%
TEL	D	-0.1%
NRG	C	-0.1%
IFF	B	-0.1%
CTVA	B	-0.1%
EQIX	C	-0.1%
CTSH	C	-0.1%
ZIM	C	-0.1%
TROW	D	-0.09%
LUMN	C	-0.09%
AVB	B	-0.09%
VRTX	D	-0.09%
IRM	C	-0.09%
INTU	C	-0.09%
VST	C	-0.09%
AER	B	-0.09%
AEE	C	-0.09%
EQR	B	-0.09%
SHW	B	-0.09%
TT	B	-0.09%
CINF	B	-0.08%
APH	D	-0.08%
DOC	C	-0.08%
EVRG	B	-0.08%
ISRG	B	-0.08%
MRNA	F	-0.08%
TDG	B	-0.08%
CMS	C	-0.08%
LRCX	F	-0.08%
ACI	F	-0.08%
VICI	C	-0.08%
SWK	B	-0.08%
AMP	A	-0.08%
ECL	B	-0.08%
OMC	B	-0.08%
NXPI	F	-0.08%
PSA	B	-0.08%
USFD	B	-0.08%
TRGP	B	-0.08%
KMX	D	-0.08%
NTRS	A	-0.08%
GEHC	C	-0.08%
K	B	-0.08%
BKNG	C	-0.08%
BAX	C	-0.07%
RSG	D	-0.07%
IQV	C	-0.07%
ROST	C	-0.07%
MSI	B	-0.07%
ROP	C	-0.07%
MRO	C	-0.07%
AON	B	-0.07%
FYBR	C	-0.07%
PFGC	B	-0.07%
WTW	C	-0.07%
PAYX	C	-0.07%
PPG	D	-0.07%
CNP	C	-0.07%
CHRW	B	-0.07%
STZ	D	-0.07%
AES	C	-0.07%
GEV	B	-0.07%
AJG	D	-0.07%
STX	C	-0.07%
ARE	C	-0.07%
WAB	B	-0.06%
OTIS	C	-0.06%
ATO	B	-0.06%
MRVL	C	-0.06%
PKG	B	-0.06%
LNT	B	-0.06%
SQ	D	-0.06%
SOLV	C	-0.06%
NTAP	D	-0.06%
LDOS	B	-0.06%
CTAS	B	-0.06%
GRMN	D	-0.06%
ORLY	C	-0.06%
MCHP	F	-0.06%
MOH	D	-0.06%
LNG	C	-0.06%
AA	D	-0.06%
VFC	C	-0.06%
PNW	C	-0.06%
NI	B	-0.06%
L	C	-0.06%
MCO	B	-0.06%
MPW	C	-0.06%
DG	F	-0.06%
FLEX	C	-0.06%
GPC	D	-0.06%
KLAC	D	-0.06%
ZTS	C	-0.06%
BXP	B	-0.06%
AWK	B	-0.06%
HAL	F	-0.06%
ACM	B	-0.05%
LAD	D	-0.05%
HAS	B	-0.05%
DRI	B	-0.05%
JBL	D	-0.05%
ROK	D	-0.05%
CCEP	B	-0.05%
SWN	D	-0.05%
KD	D	-0.05%
UBER	C	-0.05%
ZBH	F	-0.05%
FOXA	B	-0.05%
MAR	C	-0.05%
UGI	C	-0.05%
BAP	B	-0.05%
IPG	C	-0.05%
X	F	-0.05%
TSCO	C	-0.05%
BJ	D	-0.05%
CLX	C	-0.05%
NVR	B	-0.05%
MKC	C	-0.05%
GWW	B	-0.05%
KIM	C	-0.05%
CDW	D	-0.05%
PWR	B	-0.05%
HES	F	-0.05%
AN	D	-0.05%
APTV	D	-0.05%
HSY	C	-0.05%
ESS	B	-0.05%
BALL	C	-0.05%
SJM	C	-0.05%
INVH	C	-0.05%
DOV	B	-0.05%
VNO	B	-0.05%
CNH	D	-0.05%
YUM	D	-0.05%
WHR	D	-0.05%
AFG	B	-0.05%
FAST	C	-0.05%
CCL	C	-0.05%
MAA	B	-0.05%
EME	B	-0.04%
HSIC	C	-0.04%
CHD	D	-0.04%
AVY	C	-0.04%
EFX	B	-0.04%
MUSA	D	-0.04%
SNA	C	-0.04%
HRL	C	-0.04%
FSLR	C	-0.04%
WSM	D	-0.04%
RCL	B	-0.04%
DKS	D	-0.04%
HST	C	-0.04%
TDY	B	-0.04%
MTZ	B	-0.04%
TTWO	C	-0.04%
FMC	C	-0.04%
MLM	D	-0.04%
WRB	C	-0.04%
CPT	B	-0.04%
SFM	B	-0.04%
SLG	B	-0.04%
AIZ	B	-0.04%
CPB	C	-0.04%
VMC	D	-0.04%
RMD	C	-0.04%
ICLR	D	-0.04%
HOLX	B	-0.04%
DVA	B	-0.04%
CASY	D	-0.04%
HWM	B	-0.04%
AME	C	-0.04%
MGM	F	-0.04%
UDR	C	-0.04%
STWD	B	-0.04%
J	C	-0.04%
REG	C	-0.04%
A	C	-0.04%
EA	D	-0.04%
CCK	A	-0.04%
OGE	C	-0.04%
ON	D	-0.04%
CHK	D	-0.04%
EXR	B	-0.04%
DLTR	F	-0.04%
EXPD	C	-0.04%
WPC	C	-0.04%
SUI	B	-0.04%
AVTR	B	-0.04%
SWKS	D	-0.04%
KSS	F	-0.04%
NNN	C	-0.03%
POR	C	-0.03%
CSGP	D	-0.03%
GAP	F	-0.03%
BRO	C	-0.03%
TER	D	-0.03%
DOX	C	-0.03%
ALV	F	-0.03%
SKX	D	-0.03%
PNR	B	-0.03%
JBHT	D	-0.03%
CPRT	D	-0.03%
RIG	F	-0.03%
AMH	C	-0.03%
VRSK	D	-0.03%
FLR	D	-0.03%
SCI	B	-0.03%
AKAM	D	-0.03%
FRT	C	-0.03%
THO	D	-0.03%
HUN	D	-0.03%
AGNC	B	-0.03%
CPNG	B	-0.03%
WTRG	D	-0.03%
BAH	C	-0.03%
CTLT	B	-0.03%
LVS	D	-0.03%
SNPS	D	-0.03%
ALB	D	-0.03%
LAMR	B	-0.03%
HUBB	B	-0.03%
WSO	C	-0.03%
TWLO	D	-0.03%
MNST	D	-0.03%
JWN	C	-0.03%
EXPE	C	-0.03%
KEYS	C	-0.03%
CZR	C	-0.03%
HLT	B	-0.03%
BRX	B	-0.03%
TRU	B	-0.03%
CSL	B	-0.03%
CPAY	B	-0.03%
XYL	C	-0.03%
RPM	B	-0.03%
IR	C	-0.03%
CMG	C	-0.03%
EW	F	-0.03%
BR	D	-0.03%
VOYA	B	-0.03%
EL	F	-0.03%
ANET	B	-0.03%
CACI	B	-0.03%
OHI	B	-0.03%
WU	F	-0.03%
STE	C	-0.03%
NOW	B	-0.03%
ZBRA	B	-0.03%
GLPI	C	-0.03%
ARMK	B	-0.03%
FTV	C	-0.03%
APO	C	-0.03%
MAS	B	-0.03%
NDAQ	A	-0.03%
JNPR	B	-0.03%
BURL	B	-0.03%
SMG	C	-0.02%
GMS	D	-0.02%
VRT	C	-0.02%
APLE	D	-0.02%
WWD	D	-0.02%
GGG	C	-0.02%
ATI	C	-0.02%
VMI	D	-0.02%
MMS	C	-0.02%
VEEV	C	-0.02%
OUT	C	-0.02%
FCN	D	-0.02%
TTC	D	-0.02%
PLXS	A	-0.02%
VSCO	C	-0.02%
THS	C	-0.02%
RGLD	C	-0.02%
BMRN	F	-0.02%
IRT	B	-0.02%
WLK	D	-0.02%
MTN	D	-0.02%
COIN	F	-0.02%
GEO	F	-0.02%
AYI	B	-0.02%
LYV	B	-0.02%
STAG	C	-0.02%
RL	C	-0.02%
CSTM	F	-0.02%
FHB	D	-0.02%
UMBF	B	-0.02%
TRN	D	-0.02%
AGO	C	-0.02%
IAC	C	-0.02%
BCO	B	-0.02%
EXEL	C	-0.02%
POOL	C	-0.02%
WAT	C	-0.02%
BLD	D	-0.02%
NDSN	C	-0.02%
XPO	D	-0.02%
AOS	D	-0.02%
JKHY	B	-0.02%
CW	B	-0.02%
ACHC	C	-0.02%
DECK	C	-0.02%
LSTR	D	-0.02%
SLGN	B	-0.02%
PAG	D	-0.02%
CBT	B	-0.02%
ITT	B	-0.02%
PCH	C	-0.02%
ALGN	D	-0.02%
LUV	C	-0.02%
ALLE	B	-0.02%
DCI	C	-0.02%
LULU	D	-0.02%
AVA	C	-0.02%
NJR	B	-0.02%
CRL	F	-0.02%
DPZ	F	-0.02%
MKSI	F	-0.02%
GBCI	B	-0.02%
GDDY	C	-0.02%
KRG	B	-0.02%
GME	F	-0.02%
TCBI	B	-0.02%
NVT	D	-0.02%
HE	F	-0.02%
PRI	B	-0.02%
TYL	C	-0.02%
AVNT	B	-0.02%
ALE	B	-0.02%
FLS	D	-0.02%
CR	C	-0.02%
PNM	B	-0.02%
ADSK	C	-0.02%
ADC	C	-0.02%
EPR	B	-0.02%
MIDD	D	-0.02%
KMPR	D	-0.02%
G	C	-0.02%
CPRI	D	-0.02%
FLO	C	-0.02%
REXR	C	-0.02%
INCY	C	-0.02%
SEM	D	-0.02%
NWE	B	-0.02%
DY	B	-0.02%
ATR	B	-0.02%
AGR	B	-0.02%
CAR	F	-0.02%
SRCL	A	-0.02%
CIEN	C	-0.02%
RHI	D	-0.02%
CBSH	C	-0.02%
LBRDK	F	-0.02%
SEE	D	-0.02%
SR	B	-0.02%
KBR	D	-0.02%
LII	B	-0.02%
SCCO	D	-0.02%
FFIV	B	-0.02%
TFX	C	-0.02%
IEX	D	-0.02%
OGS	B	-0.02%
LNW	B	-0.02%
EVR	A	-0.02%
CHKP	B	-0.02%
MTD	D	-0.02%
CDNS	D	-0.02%
MAT	C	-0.02%
DASH	C	-0.02%
KEX	C	-0.02%
IDA	C	-0.02%
LPX	B	-0.02%
MAC	B	-0.02%
MSCI	C	-0.02%
IT	B	-0.02%
DEI	B	-0.02%
NOV	F	-0.02%
PII	D	-0.02%
LPLA	D	-0.02%
FTI	D	-0.02%
WTFC	B	-0.02%
CNX	B	-0.02%
ABM	D	-0.02%
GNRC	D	-0.02%
ILMN	C	-0.02%
RIVN	F	-0.02%
ELS	C	-0.02%
MELI	B	-0.02%
ANSS	D	-0.02%
RUN	C	-0.02%
FL	D	-0.02%
CBOE	C	-0.02%
TRMB	C	-0.02%
EHC	C	-0.02%
NSIT	D	-0.02%
COLD	D	-0.02%
POST	C	-0.02%
BKH	B	-0.02%
ZM	C	-0.02%
SBAC	C	-0.02%
SBRA	C	-0.02%
BXMT	C	-0.02%
BIO	C	-0.02%
AXTA	B	-0.02%
GXO	D	-0.02%
SWX	C	-0.02%
BECN	D	-0.02%
CLH	A	-0.02%
HOOD	C	-0.02%
HIW	B	-0.02%
ODFL	D	-0.02%
CUBE	B	-0.02%
OSK	F	-0.02%
KRC	B	-0.02%
NFG	B	-0.02%
PK	D	-0.02%
VLTO	C	-0.02%
ULTA	D	-0.02%
CUZ	B	-0.02%
SPOT	B	-0.02%
ZG	B	-0.01%
FIVE	D	-0.01%
SMCI	F	-0.01%
HEI	B	-0.01%
CBRL	D	-0.01%
UAA	C	-0.01%
DXCM	F	-0.01%
SNOW	F	-0.01%
HTZ	F	-0.01%
CLVT	D	-0.01%
NWS	D	-0.01%
XP	D	-0.01%
HEI	B	-0.01%
WSC	D	-0.01%
RLJ	D	-0.01%
IGT	D	-0.01%
LGIH	C	-0.01%
DIOD	F	-0.01%
OPEN	D	-0.01%
URBN	F	-0.01%
GTLS	F	-0.01%
AMN	F	-0.01%
SAIA	D	-0.01%
OPCH	C	-0.01%
VSTS	D	-0.01%
SITE	C	-0.01%
NSP	F	-0.01%
ENOV	D	-0.01%
DRH	C	-0.01%
APAM	C	-0.01%
EGP	B	-0.01%
PDCO	F	-0.01%
CGNX	F	-0.01%
LECO	F	-0.01%
HPP	D	-0.01%
ARI	F	-0.01%
KMT	B	-0.01%
WH	B	-0.01%
CRI	D	-0.01%
EEFT	D	-0.01%
TPX	C	-0.01%
FTNT	C	-0.01%
PTC	D	-0.01%
LFUS	C	-0.01%
ABNB	D	-0.01%
UNIT	C	-0.01%
ESAB	C	-0.01%
EPAM	F	-0.01%
BWXT	D	-0.01%
PMT	C	-0.01%
VNT	F	-0.01%
SEIC	C	-0.01%
OKTA	F	-0.01%
LXP	B	-0.01%
RLI	B	-0.01%
AIT	A	-0.01%
RYN	C	-0.01%
SPB	C	-0.01%
RH	B	-0.01%
ENTG	F	-0.01%
WYNN	D	-0.01%
SIGI	D	-0.01%
VSAT	F	-0.01%
W	D	-0.01%
ABR	B	-0.01%
ASH	D	-0.01%
PECO	B	-0.01%
FUL	C	-0.01%
WEX	C	-0.01%
Z	B	-0.01%
LCII	C	-0.01%
FR	B	-0.01%
CNM	F	-0.01%
AEO	F	-0.01%
FND	C	-0.01%
WST	D	-0.01%
KNF	B	-0.01%
MC	B	-0.01%
SOFI	C	-0.01%
GNTX	F	-0.01%
LITE	B	-0.01%
LW	D	-0.01%
ARES	B	-0.01%
AM	C	-0.01%
GRAB	C	-0.01%
TXRH	C	-0.01%
RXO	D	-0.01%
JBGS	C	-0.01%
MTCH	C	-0.01%
FDS	C	-0.01%
BDN	B	-0.01%
MSM	D	-0.01%
IDXX	C	-0.01%
HP	F	-0.01%
APG	D	-0.01%
WDAY	D	-0.01%
NOMD	B	-0.01%
SEDG	F	-0.0%
LBRDA	F	-0.0%
HELE	D	-0.0%