VONV vs. CCMG ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to CCM Global Equity ETF (CCMG)

VONV

Vanguard Russell 1000 Value ETF

VONV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Value Index. The index is designed to measure the performance of large-capitalization value stocks in the United States. 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

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

CCMG

CCM Global Equity ETF

CCMG Description

Under normal circumstances, the fund will invest at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in equity securities. The fund defines "equity securities" to include U.S. listed common and preferred stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), and ETFs that provide broad exposure to domestic and international equity securities of companies across all market capitalizations, as well as real estate securities.

Grade (RS Rating)

Last Trade

$28.67

Average Daily Volume

31,667

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	VONV	CCMG
30 Days	3.51%	0.56%
60 Days	4.96%	-0.22%
90 Days	7.00%	0.63%
12 Months	29.73%

190 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in CCMG	Overlap
	ABBV	D	0.82%	0.41%	0.41%
	ACM	A	0.06%	0.07%	0.06%
	ADI	D	0.44%	0.37%	0.37%
	ADP	B	0.03%	0.42%	0.03%
	AGCO	D	0.02%	0.04%	0.02%
	ALLE	D	0.05%	0.05%	0.05%
	ALSN	B	0.04%	0.07%	0.04%
	AM	A	0.01%	0.06%	0.01%
	AMCR	D	0.06%	0.15%	0.06%
	AMGN	D	0.15%	0.61%	0.15%
	AN	C	0.02%	0.08%	0.02%
	AOS	F	0.04%	0.08%	0.04%
	ARW	D	0.03%	0.07%	0.03%
	ASH	D	0.02%	0.02%	0.02%
	AYI	B	0.04%	0.06%	0.04%
	AZO	C	0.02%	0.5%	0.02%
	BBWI	D	0.03%	0.09%	0.03%
	BBY	D	0.08%	0.23%	0.08%
	BC	C	0.02%	0.06%	0.02%
	BKNG	A	0.04%	0.65%	0.04%
	BKR	B	0.15%	0.25%	0.15%
	BLDR	D	0.07%	0.24%	0.07%
	BMY	B	0.45%	0.63%	0.45%
	BYD	C	0.02%	0.05%	0.02%
	CAG	D	0.06%	0.07%	0.06%
	CAH	B	0.04%	0.3%	0.04%
	CAT	B	0.63%	0.56%	0.56%
	CDW	F	0.05%	0.12%	0.05%
	CE	F	0.04%	0.04%	0.04%
	CF	B	0.06%	0.15%	0.06%
	CHH	A	0.0%	0.03%	0.0%
	CHRW	C	0.05%	0.13%	0.05%
	CI	F	0.32%	0.6%	0.32%
	CL	D	0.14%	0.45%	0.14%
	CLF	F	0.02%	0.06%	0.02%
	CMCSA	B	0.67%	0.64%	0.64%
	CMI	A	0.18%	0.33%	0.18%
	COLM	B	0.01%	0.07%	0.01%
	CRI	D	0.01%	0.08%	0.01%
	CROX	D	0.02%	0.06%	0.02%
	CSCO	B	0.89%	0.76%	0.76%
	CSL	C	0.07%	0.15%	0.07%
	CSX	B	0.26%	0.6%	0.26%
	CTSH	B	0.15%	0.36%	0.15%
	CVX	A	1.03%	0.76%	0.76%
	DBX	B	0.02%	0.06%	0.02%
	DDS	B	0.0%	0.08%	0.0%
	DGX	A	0.07%	0.17%	0.07%
	DKS	C	0.04%	0.11%	0.04%
	DLB	B	0.02%	0.05%	0.02%
	DOW	F	0.14%	0.34%	0.14%
	DOX	D	0.04%	0.11%	0.04%
	DPZ	C	0.04%	0.07%	0.04%
	DRI	B	0.04%	0.17%	0.04%
	DXC	B	0.01%	0.08%	0.01%
	EBAY	D	0.12%	0.38%	0.12%
	EEFT	B	0.02%	0.07%	0.02%
	ELV	F	0.32%	0.57%	0.32%
	EMN	D	0.05%	0.13%	0.05%
	EMR	A	0.25%	0.39%	0.25%
	EOG	A	0.28%	0.62%	0.28%
	EXP	A	0.01%	0.06%	0.01%
	EXPD	D	0.06%	0.17%	0.06%
	FANG	D	0.13%	0.28%	0.13%
	FBIN	D	0.04%	0.06%	0.04%
	FIS	C	0.2%	0.4%	0.2%
	FLO	D	0.02%	0.04%	0.02%
	FMC	D	0.03%	0.04%	0.03%
	FOX	A	0.02%	0.08%	0.02%
	FOXA	B	0.04%	0.12%	0.04%
	G	B	0.03%	0.05%	0.03%
	GEN	B	0.06%	0.09%	0.06%
	GILD	C	0.44%	0.57%	0.44%
	GIS	D	0.15%	0.32%	0.15%
	GNTX	C	0.03%	0.07%	0.03%
	GPC	D	0.06%	0.14%	0.06%
	GPN	B	0.11%	0.24%	0.11%
	HCA	F	0.2%	0.53%	0.2%
	HD	A	0.32%	0.89%	0.32%
	HOG	D	0.02%	0.03%	0.02%
	HOLX	D	0.07%	0.08%	0.07%
	HON	B	0.45%	0.69%	0.45%
	HPQ	B	0.11%	0.43%	0.11%
	HRB	D	0.03%	0.09%	0.03%
	HRL	D	0.04%	0.04%	0.04%
	HSY	F	0.09%	0.14%	0.09%
	HUN	F	0.01%	0.06%	0.01%
	INGR	B	0.03%	0.05%	0.03%
	IP	B	0.08%	0.18%	0.08%
	IPG	D	0.04%	0.1%	0.04%
	ITW	B	0.19%	0.5%	0.19%
	JBL	B	0.05%	0.13%	0.05%
	JCI	C	0.17%	0.25%	0.17%
	JNJ	D	1.54%	0.81%	0.81%
	JNPR	F	0.05%	0.06%	0.05%
	KHC	F	0.12%	0.23%	0.12%
	KMB	D	0.11%	0.34%	0.11%
	KMI	A	0.19%	0.36%	0.19%
	KO	D	0.43%	0.47%	0.43%
	KR	B	0.15%	0.23%	0.15%
	KSS	F	0.01%	0.08%	0.01%
	LECO	B	0.03%	0.05%	0.03%
	LEN	D	0.16%	0.24%	0.16%
	LEN	D	0.01%	0.04%	0.01%
	LEN	D	0.16%	0.04%	0.04%
	LEN	D	0.01%	0.24%	0.01%
	LH	C	0.08%	0.14%	0.08%
	LHX	C	0.19%	0.36%	0.19%
	LMT	D	0.32%	0.61%	0.32%
	LOPE	B	0.01%	0.09%	0.01%
	LOW	D	0.6%	0.65%	0.6%
	LPX	B	0.01%	0.08%	0.01%
	LSTR	D	0.03%	0.06%	0.03%
	LYB	F	0.09%	0.25%	0.09%
	M	D	0.02%	0.06%	0.02%
	MAN	D	0.01%	0.08%	0.01%
	MAS	D	0.07%	0.17%	0.07%
	MCD	D	0.79%	0.48%	0.48%
	MCK	B	0.15%	0.66%	0.15%
	MDLZ	F	0.37%	0.54%	0.37%
	MDT	D	0.46%	0.58%	0.46%
	MGM	D	0.03%	0.08%	0.03%
	MHK	D	0.03%	0.04%	0.03%
	MMM	D	0.23%	0.58%	0.23%
	MO	A	0.37%	0.58%	0.37%
	MPC	D	0.21%	0.6%	0.21%
	MRO	B	0.06%	0.17%	0.06%
	MTD	D	0.11%	0.13%	0.11%
	NEM	D	0.21%	0.27%	0.21%
	NEU	C	0.01%	0.05%	0.01%
	NOC	D	0.28%	0.4%	0.28%
	NSC	B	0.23%	0.33%	0.23%
	NTAP	C	0.05%	0.22%	0.05%
	NUE	C	0.14%	0.42%	0.14%
	NVR	D	0.1%	0.22%	0.1%
	NWL	B	0.01%	0.05%	0.01%
	NXST	C	0.01%	0.06%	0.01%
	OC	A	0.06%	0.1%	0.06%
	OLN	D	0.02%	0.08%	0.02%
	OMC	C	0.08%	0.18%	0.08%
	ORLY	B	0.02%	0.53%	0.02%
	PAG	B	0.01%	0.04%	0.01%
	PEP	F	0.19%	0.46%	0.19%
	PFE	D	0.64%	0.61%	0.61%
	PG	A	1.21%	0.86%	0.86%
	PHM	D	0.11%	0.2%	0.11%
	PINC	B	0.01%	0.08%	0.01%
	PM	B	0.83%	0.65%	0.65%
	POST	C	0.02%	0.04%	0.02%
	PSX	C	0.2%	0.57%	0.2%
	PVH	C	0.02%	0.07%	0.02%
	QRVO	F	0.03%	0.1%	0.03%
	RH	B	0.02%	0.04%	0.02%
	RHI	B	0.03%	0.09%	0.03%
	RL	B	0.03%	0.08%	0.03%
	ROST	C	0.14%	0.2%	0.14%
	RS	B	0.07%	0.16%	0.07%
	SAIC	F	0.03%	0.05%	0.03%
	SCI	B	0.05%	0.09%	0.05%
	SEE	C	0.02%	0.03%	0.02%
	SJM	D	0.05%	0.09%	0.05%
	SMG	D	0.01%	0.03%	0.01%
	SNA	A	0.07%	0.11%	0.07%
	SON	D	0.02%	0.03%	0.02%
	SPB	C	0.01%	0.04%	0.01%
	STLD	B	0.08%	0.23%	0.08%
	STZ	D	0.15%	0.22%	0.15%
	SWKS	F	0.06%	0.15%	0.06%
	SYY	B	0.06%	0.22%	0.06%
	T	A	0.65%	0.64%	0.64%
	TER	D	0.01%	0.09%	0.01%
	TGT	F	0.28%	0.57%	0.28%
	TNL	A	0.01%	0.06%	0.01%
	TOL	B	0.06%	0.12%	0.06%
	TPR	B	0.04%	0.13%	0.04%
	TSN	B	0.07%	0.12%	0.07%
	TTC	D	0.03%	0.04%	0.03%
	TXT	D	0.06%	0.16%	0.06%
	UHS	D	0.05%	0.09%	0.05%
	ULTA	F	0.01%	0.19%	0.01%
	UNP	C	0.3%	0.64%	0.3%
	UPS	C	0.39%	0.58%	0.39%
	VFC	C	0.03%	0.04%	0.03%
	VLO	C	0.17%	0.53%	0.17%
	VRSN	F	0.06%	0.15%	0.06%
	WEN	D	0.01%	0.05%	0.01%
	WH	B	0.02%	0.05%	0.02%
	WSM	B	0.03%	0.15%	0.03%
	XOM	B	2.1%	1.02%	1.02%
	YUM	B	0.09%	0.21%	0.09%

VONV Overweight 654 Positions Relative to CCMG

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	UNH	C	1.94%
	WMT	A	1.42%
	BAC	A	1.14%
	WFC	A	0.91%
	LIN	D	0.88%
	ACN	C	0.87%
	TMO	F	0.84%
	ABT	B	0.78%
	IBM	C	0.76%
	DIS	B	0.71%
	VZ	C	0.71%
	TXN	C	0.65%
	NEE	D	0.65%
	RTX	C	0.64%
	DHR	F	0.63%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	ETN	A	0.53%
	MS	A	0.51%
	COP	C	0.51%
	C	A	0.49%
	BSX	B	0.49%
	GS	A	0.48%
	CB	C	0.46%
	MU	D	0.44%
	TMUS	B	0.43%
	PLD	D	0.42%
	DE	A	0.41%
	SO	D	0.4%
	AXP	A	0.38%
	SCHW	B	0.38%
	INTC	D	0.37%
	MMC	B	0.37%
	DUK	C	0.36%
	SYK	C	0.36%
	ICE	C	0.35%
	BA	F	0.34%
	WELL	A	0.33%
	EQIX	A	0.33%
	GEV	B	0.33%
	AMD	F	0.32%
	GD	F	0.32%
	REGN	F	0.32%
	CME	A	0.32%
	PYPL	B	0.32%
	PH	A	0.32%
	FI	A	0.31%
	PNC	B	0.3%
	USB	A	0.3%
	CVS	D	0.29%
	AON	A	0.29%
	APD	A	0.28%
	CEG	D	0.28%
	KKR	A	0.27%
	BDX	F	0.27%
	FCX	D	0.26%
	VRTX	F	0.25%
	COF	B	0.25%
	FDX	B	0.25%
	MRVL	B	0.25%
	WMB	A	0.25%
	MAR	B	0.24%
	AJG	B	0.23%
	OKE	A	0.23%
	TDG	D	0.23%
	GM	B	0.23%
	SLB	C	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	DLR	B	0.23%
	AFL	B	0.23%
	TT	A	0.22%
	BK	A	0.22%
	TRV	B	0.22%
	O	D	0.21%
	AEP	D	0.21%
	TJX	A	0.21%
	SRE	A	0.21%
	PCAR	B	0.21%
	AIG	B	0.2%
	CARR	D	0.2%
	D	C	0.2%
	DHI	D	0.2%
	CCI	D	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PSA	D	0.18%
	PEG	A	0.18%
	MET	A	0.18%
	ALL	A	0.17%
	CRM	B	0.17%
	AME	A	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	MCHP	D	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	SPG	B	0.16%
	URI	B	0.16%
	GLW	B	0.15%
	DAL	C	0.15%
	KDP	D	0.15%
	DFS	B	0.15%
	XEL	A	0.15%
	HWM	A	0.15%
	A	D	0.15%
	IR	B	0.15%
	EXR	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	GEHC	F	0.14%
	ED	D	0.14%
	NKE	D	0.14%
	ACGL	D	0.14%
	MSTR	C	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	RCL	A	0.13%
	HIG	B	0.13%
	MTB	A	0.13%
	EW	C	0.13%
	CNC	D	0.13%
	IQV	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	APH	A	0.13%
	VICI	C	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	XYL	D	0.12%
	CSGP	D	0.12%
	FITB	A	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	PWR	A	0.12%
	NDAQ	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	ADM	D	0.11%
	VTR	C	0.11%
	EQR	B	0.11%
	SW	A	0.11%
	VMC	B	0.11%
	AWK	D	0.11%
	ROK	B	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	STT	A	0.11%
	RJF	A	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	PAYX	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	CHD	B	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	LDOS	C	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	HPE	B	0.1%
	BIIB	F	0.1%
	IFF	D	0.1%
	UAL	A	0.1%
	RMD	C	0.1%
	DTE	C	0.1%
	DOV	A	0.1%
	KEYS	A	0.1%
	EFX	F	0.1%
	WDC	D	0.09%
	LNG	B	0.09%
	CINF	A	0.09%
	SYF	B	0.09%
	STE	F	0.09%
	ZBH	C	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	PGR	A	0.09%
	HBAN	A	0.09%
	CBOE	B	0.09%
	WY	D	0.09%
	HUBB	B	0.09%
	ILMN	D	0.09%
	ES	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	PFG	D	0.08%
	CFG	B	0.08%
	INVH	D	0.08%
	ARE	D	0.08%
	MKC	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	NTRS	A	0.08%
	EQT	B	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	FSLR	F	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	K	A	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	WRB	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	MAA	B	0.07%
	CTRA	B	0.07%
	ESS	B	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	UDR	B	0.06%
	RGA	A	0.06%
	VLTO	D	0.06%
	BRO	B	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	THC	D	0.06%
	JBHT	C	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	ZBRA	B	0.06%
	LNT	A	0.06%
	IRM	D	0.06%
	APTV	D	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	D	0.06%
	NI	A	0.06%
	KEY	B	0.06%
	IBKR	A	0.06%
	QCOM	F	0.05%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	AES	F	0.05%
	CLH	B	0.05%
	BG	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	WPC	D	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	NVT	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	BXP	D	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	FFIV	B	0.05%
	DTM	B	0.04%
	WST	C	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	JLL	D	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	CPB	D	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	LAD	A	0.04%
	WYNN	D	0.04%
	FRT	B	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	CIEN	B	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	GL	B	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	TAP	C	0.04%
	DAY	B	0.04%
	PRI	A	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	AVY	D	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	NTNX	A	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	INCY	C	0.04%
	RRX	B	0.04%
	NRG	B	0.04%
	ATR	B	0.04%
	ALB	C	0.04%
	FDS	B	0.04%
	BJ	A	0.04%
	MKSI	C	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PB	A	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	STAG	F	0.03%
	JAZZ	B	0.03%
	WBA	F	0.03%
	COKE	C	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	ROKU	D	0.03%
	FND	C	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	MOH	F	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	PR	B	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	ONTO	D	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SEIC	B	0.03%
	WAT	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	SHW	A	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	MNST	C	0.03%
	ACI	C	0.03%
	LW	C	0.03%
	BWA	D	0.03%
	EXAS	D	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RBC	A	0.03%
	TKO	B	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BERY	B	0.03%
	BRX	A	0.03%
	ECL	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KNX	B	0.03%
	AAL	B	0.03%
	KBR	F	0.03%
	HLI	B	0.03%
	GMED	A	0.03%
	EGP	F	0.03%
	RIVN	F	0.03%
	ALLY	C	0.03%
	GWRE	A	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	CMA	A	0.03%
	APA	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	ALNY	D	0.02%
	KMPR	B	0.02%
	MSGS	A	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	FRPT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	TPG	A	0.02%
	AGO	B	0.02%
	WSC	D	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	0.02%
	AMP	A	0.02%
	RYN	D	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	HXL	D	0.02%
	AVT	C	0.02%
	OGN	D	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	GNRC	B	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	SAIA	B	0.02%
	LEA	D	0.02%
	H	B	0.02%
	WHR	B	0.02%
	NFG	A	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	COIN	C	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	B	0.02%
	BEN	C	0.02%
	S	B	0.02%
	COLB	A	0.02%
	LFUS	F	0.02%
	ALK	C	0.02%
	ESI	A	0.02%
	AXS	A	0.02%
	DINO	D	0.02%
	RLI	B	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	STWD	C	0.02%
	GWW	B	0.02%
	DAR	C	0.02%
	VMI	B	0.02%
	ELAN	D	0.02%
	R	B	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	FTRE	D	0.01%
	GO	C	0.01%
	LYFT	C	0.01%
	REYN	D	0.01%
	EXEL	B	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	PPC	C	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	A	0.01%
	PSTG	D	0.01%
	CNXC	F	0.01%
	SAM	C	0.01%
	ETSY	D	0.01%
	YETI	C	0.01%
	AAP	C	0.01%
	AZTA	D	0.01%
	BR	A	0.01%
	BROS	B	0.01%
	LCID	F	0.01%
	GLOB	B	0.01%
	IPGP	D	0.01%
	RKT	F	0.01%
	RCM	F	0.01%
	BRKR	D	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	C	0.01%
	ADTN	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	CWEN	C	0.01%
	CC	C	0.01%
	VIRT	B	0.01%
	AGR	B	0.01%
	ALGM	D	0.01%
	CXT	B	0.01%
	VAC	B	0.01%
	CLVT	F	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	0.01%
	CNM	D	0.01%
	BHF	B	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	WU	D	0.01%
	AMED	F	0.01%
	CPRT	A	0.01%
	IRDM	D	0.01%
	PLNT	A	0.01%
	FHB	A	0.01%
	SPR	D	0.01%
	U	C	0.01%
	NWS	B	0.01%
	EPR	D	0.01%
	ZI	D	0.01%
	PRGO	B	0.01%
	HIW	D	0.01%
	CIVI	D	0.01%
	IAC	D	0.01%
	PII	D	0.01%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	CTAS	B	0.01%
	UHAL	D	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	NFE	D	0.0%
	IONS	F	0.0%
	TXG	F	0.0%
	PLTK	B	0.0%
	CACC	D	0.0%
	UI	A	0.0%
	TFSL	A	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	PATH	C	0.0%
	CWEN	C	0.0%
	DJT	C	0.0%
	CAR	C	0.0%
	LSCC	D	0.0%
	PYCR	C	0.0%
	MTN	C	0.0%
	HCP	B	0.0%
	FIVE	F	0.0%
	CNA	B	0.0%
	DV	C	0.0%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 15 Positions Relative to CCMG

	Symbol	Grade	Weight
	AVUV	A	-10.65%
	IDEV	D	-9.75%
	AVRE	C	-4.89%
	AVDV	C	-4.83%
	AVES	D	-3.8%
	AAPL	C	-2.56%
	LRCX	F	-0.58%
	MRK	F	-0.51%
	CPAY	A	-0.2%
	CLX	B	-0.14%
	GDDY	A	-0.13%
	DVA	B	-0.1%
	MUSA	A	-0.09%
	TPX	B	-0.08%
	SCCO	F	-0.04%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Asset Management Oil & Gas E&P Business Services Semiconductors Biotechnology Diagnostics & Research Specialty Retail Capital Markets Packaged Foods Specialty Chemicals Information Technology Services Insurance - Property & Casualty Packaging & Containers Aerospace & Defense Software - Infrastructure REIT - Residential

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Bank Electronics Banking Computing Real Estate Investment Trust Chemical Aerospace Electricity Mining Telecommunications Insurance Products Semiconductor Biotechnology Dow Jones Component Beverage Medicine

CCMG: Top Represented Industries & Keywords

Industries: Specialty Retail Packaged Foods Drug Manufacturers - Major Business Services Diversified Industrials Apparel Manufacturing Building Materials Chemicals Household & Personal Products Restaurants Home Furnishings & Fixtures Information Technology Services Integrated Shipping & Logistics Packaging & Containers Residential Construction Aerospace & Defense Agricultural Inputs Broadcasting - TV Communication Equipment Department Stores

Keywords: S&P 500 Nasdaq 100 Chemical Dow Jones Component Electronics Department Store Plastic Aerospace Building Materials Computing Mining Natural Gas Clothing Medicine Adhesives Automotive Products Beverage Construction Grocery Store Retail Store