VONV vs. DEW ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to WisdomTree Europe High-Yielding Equity Fund (DEW)

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

$87.52

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

DEW

WisdomTree Europe High-Yielding Equity Fund

DEW Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global Equity Income Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested 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 index is a fundamentally weighted index that is comprised of high dividend-yielding companies selected from the WisdomTree Global Dividend Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.64

Average Daily Volume

7,535

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	VONV	DEW
30 Days	3.51%	0.81%
60 Days	4.96%	0.30%
90 Days	7.00%	2.80%
12 Months	29.73%	24.57%

175 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in DEW	Overlap
	ABBV	D	0.82%	1.17%	0.82%
	ADC	B	0.03%	0.18%	0.03%
	ADM	D	0.11%	0.21%	0.11%
	ADTN	A	0.01%	0.15%	0.01%
	AEE	A	0.09%	0.21%	0.09%
	AEP	D	0.21%	0.43%	0.21%
	AES	F	0.05%	0.12%	0.05%
	AFG	A	0.04%	0.08%	0.04%
	AM	A	0.01%	0.19%	0.01%
	AMCR	D	0.06%	0.01%	0.01%
	AMGN	D	0.15%	0.6%	0.15%
	APA	D	0.03%	0.15%	0.03%
	ARE	D	0.08%	0.21%	0.08%
	AVB	B	0.13%	0.26%	0.13%
	BBY	D	0.08%	0.21%	0.08%
	BMY	B	0.45%	0.65%	0.45%
	BRX	A	0.03%	0.12%	0.03%
	C	A	0.49%	0.5%	0.49%
	CAG	D	0.06%	0.14%	0.06%
	CFG	B	0.08%	0.15%	0.08%
	CFR	B	0.03%	0.07%	0.03%
	CIVI	D	0.01%	0.14%	0.01%
	CMA	A	0.03%	0.09%	0.03%
	CME	A	0.32%	0.46%	0.32%
	CMS	C	0.08%	0.19%	0.08%
	CNA	B	0.0%	0.37%	0.0%
	COLB	A	0.02%	0.08%	0.02%
	COLD	D	0.03%	0.12%	0.03%
	CPB	D	0.04%	0.14%	0.04%
	CPT	B	0.05%	0.17%	0.05%
	CRBG	B	0.03%	0.11%	0.03%
	CRI	D	0.01%	0.07%	0.01%
	CTRA	B	0.07%	0.2%	0.07%
	CUBE	D	0.04%	0.18%	0.04%
	CUZ	B	0.02%	0.15%	0.02%
	CVX	A	1.03%	1.34%	1.03%
	CWEN	C	0.01%	0.08%	0.01%
	CWEN	C	0.0%	0.08%	0.0%
	D	C	0.2%	0.3%	0.2%
	DDS	B	0.0%	0.17%	0.0%
	DINO	D	0.02%	0.16%	0.02%
	DLR	B	0.23%	0.36%	0.23%
	DRI	B	0.04%	0.21%	0.04%
	DTE	C	0.1%	0.2%	0.1%
	DTM	B	0.04%	0.17%	0.04%
	DUK	C	0.36%	0.7%	0.36%
	ED	D	0.14%	0.32%	0.14%
	EIX	B	0.13%	0.32%	0.13%
	EMN	D	0.05%	0.15%	0.05%
	EPR	D	0.01%	0.12%	0.01%
	EQR	B	0.11%	0.31%	0.11%
	ES	D	0.09%	0.07%	0.07%
	ESS	B	0.07%	0.23%	0.07%
	ETR	B	0.13%	0.3%	0.13%
	EVRG	A	0.05%	0.21%	0.05%
	EXC	C	0.16%	0.26%	0.16%
	EXR	D	0.14%	0.26%	0.14%
	FAF	A	0.03%	0.07%	0.03%
	FE	C	0.1%	0.21%	0.1%
	FHN	A	0.04%	0.11%	0.04%
	FITB	A	0.12%	0.15%	0.12%
	FLO	D	0.02%	0.15%	0.02%
	FMC	D	0.03%	0.14%	0.03%
	FNB	A	0.02%	0.03%	0.02%
	FNF	B	0.06%	0.09%	0.06%
	FRT	B	0.04%	0.2%	0.04%
	GILD	C	0.44%	0.81%	0.44%
	GIS	D	0.15%	0.29%	0.15%
	GLPI	C	0.05%	0.25%	0.05%
	HAS	D	0.0%	0.13%	0.0%
	HBAN	A	0.09%	0.18%	0.09%
	HIW	D	0.01%	0.11%	0.01%
	HPQ	B	0.11%	0.24%	0.11%
	HRL	D	0.04%	0.19%	0.04%
	HST	C	0.05%	0.19%	0.05%
	HUN	F	0.01%	0.1%	0.01%
	IBM	C	0.76%	1.07%	0.76%
	IDA	A	0.02%	0.17%	0.02%
	INVH	D	0.08%	0.21%	0.08%
	IP	B	0.08%	0.23%	0.08%
	IPG	D	0.04%	0.16%	0.04%
	IVZ	B	0.03%	0.05%	0.03%
	JNJ	D	1.54%	2.01%	1.54%
	JWN	C	0.01%	0.12%	0.01%
	K	A	0.08%	0.21%	0.08%
	KHC	F	0.12%	0.17%	0.12%
	KIM	A	0.06%	0.18%	0.06%
	KMB	D	0.11%	0.39%	0.11%
	KMI	A	0.19%	0.46%	0.19%
	KRC	C	0.02%	0.14%	0.02%
	LAMR	D	0.03%	0.2%	0.03%
	LNT	A	0.06%	0.17%	0.06%
	M	D	0.02%	0.13%	0.02%
	MAA	B	0.07%	0.21%	0.07%
	MAN	D	0.01%	0.1%	0.01%
	MDT	D	0.46%	0.51%	0.46%
	MO	A	0.37%	1.44%	0.37%
	MS	A	0.51%	0.91%	0.51%
	MSM	C	0.01%	0.16%	0.01%
	MTB	A	0.13%	0.19%	0.13%
	NFG	A	0.02%	0.16%	0.02%
	NI	A	0.06%	0.16%	0.06%
	NNN	D	0.03%	0.16%	0.03%
	NSA	D	0.01%	0.12%	0.01%
	NTRS	A	0.08%	0.14%	0.08%
	NXST	C	0.01%	0.15%	0.01%
	O	D	0.21%	0.41%	0.21%
	OGE	B	0.03%	0.19%	0.03%
	OGN	D	0.02%	0.12%	0.02%
	OKE	A	0.23%	0.47%	0.23%
	OMF	A	0.02%	0.17%	0.02%
	ORI	A	0.03%	0.08%	0.03%
	OVV	B	0.04%	0.07%	0.04%
	OZK	B	0.02%	0.08%	0.02%
	PB	A	0.03%	0.09%	0.03%
	PCAR	B	0.21%	0.42%	0.21%
	PEP	F	0.19%	1.27%	0.19%
	PFG	D	0.08%	0.12%	0.08%
	PII	D	0.01%	0.12%	0.01%
	PINC	B	0.01%	0.1%	0.01%
	PK	B	0.01%	0.11%	0.01%
	PLD	D	0.42%	0.51%	0.42%
	PM	B	0.83%	1.67%	0.83%
	PNC	B	0.3%	0.3%	0.3%
	PNW	B	0.04%	0.2%	0.04%
	PPL	B	0.1%	0.25%	0.1%
	PRGO	B	0.01%	0.14%	0.01%
	PRU	A	0.18%	0.26%	0.18%
	PSA	D	0.18%	0.46%	0.18%
	PSX	C	0.2%	0.33%	0.2%
	REG	B	0.05%	0.19%	0.05%
	REXR	F	0.04%	0.15%	0.04%
	REYN	D	0.01%	0.13%	0.01%
	RF	A	0.09%	0.25%	0.09%
	RHI	B	0.03%	0.16%	0.03%
	RYN	D	0.02%	0.13%	0.02%
	SIRI	C	0.03%	0.17%	0.03%
	SJM	D	0.05%	0.16%	0.05%
	SMG	D	0.01%	0.12%	0.01%
	SNV	B	0.03%	0.1%	0.03%
	SO	D	0.4%	0.66%	0.4%
	SON	D	0.02%	0.15%	0.02%
	SPG	B	0.16%	0.64%	0.16%
	SRE	A	0.21%	0.36%	0.21%
	STAG	F	0.03%	0.18%	0.03%
	STT	A	0.11%	0.2%	0.11%
	T	A	0.65%	1.06%	0.65%
	TAP	C	0.04%	0.18%	0.04%
	TDG	D	0.23%	0.53%	0.23%
	TFSL	A	0.0%	0.05%	0.0%
	TGT	F	0.28%	0.37%	0.28%
	TNL	A	0.01%	0.13%	0.01%
	TPG	A	0.02%	0.07%	0.02%
	TPR	B	0.04%	0.19%	0.04%
	TROW	B	0.1%	0.21%	0.1%
	TSN	B	0.07%	0.2%	0.07%
	UDR	B	0.06%	0.13%	0.06%
	UGI	A	0.02%	0.16%	0.02%
	USB	A	0.3%	0.4%	0.3%
	VAC	B	0.01%	0.12%	0.01%
	VICI	C	0.13%	0.44%	0.13%
	VIRT	B	0.01%	0.06%	0.01%
	VLO	C	0.17%	0.28%	0.17%
	VTR	C	0.11%	0.21%	0.11%
	VTRS	A	0.06%	0.21%	0.06%
	VZ	C	0.71%	1.35%	0.71%
	WBS	A	0.04%	0.12%	0.04%
	WEC	A	0.12%	0.31%	0.12%
	WEN	D	0.01%	0.13%	0.01%
	WHR	B	0.02%	0.18%	0.02%
	WMB	A	0.25%	0.44%	0.25%
	WPC	D	0.05%	0.05%	0.05%
	WTRG	B	0.04%	0.17%	0.04%
	XEL	A	0.15%	0.36%	0.15%
	XOM	B	2.1%	1.91%	1.91%

VONV Overweight 667 Positions Relative to DEW

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	UNH	C	1.94%
	WMT	A	1.42%
	PG	A	1.21%
	BAC	A	1.14%
	WFC	A	0.91%
	CSCO	B	0.89%
	LIN	D	0.88%
	ACN	C	0.87%
	TMO	F	0.84%
	MCD	D	0.79%
	ABT	B	0.78%
	DIS	B	0.71%
	CMCSA	B	0.67%
	TXN	C	0.65%
	NEE	D	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	CAT	B	0.63%
	DHR	F	0.63%
	LOW	D	0.6%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	ETN	A	0.53%
	COP	C	0.51%
	BSX	B	0.49%
	GS	A	0.48%
	CB	C	0.46%
	HON	B	0.45%
	MU	D	0.44%
	ADI	D	0.44%
	TMUS	B	0.43%
	KO	D	0.43%
	DE	A	0.41%
	UPS	C	0.39%
	AXP	A	0.38%
	SCHW	B	0.38%
	MDLZ	F	0.37%
	INTC	D	0.37%
	MMC	B	0.37%
	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%
	HD	A	0.32%
	ELV	F	0.32%
	LMT	D	0.32%
	GD	F	0.32%
	CI	F	0.32%
	REGN	F	0.32%
	PYPL	B	0.32%
	PH	A	0.32%
	FI	A	0.31%
	UNP	C	0.3%
	CVS	D	0.29%
	AON	A	0.29%
	APD	A	0.28%
	CEG	D	0.28%
	EOG	A	0.28%
	NOC	D	0.28%
	KKR	A	0.27%
	BDX	F	0.27%
	FCX	D	0.26%
	CSX	B	0.26%
	VRTX	F	0.25%
	COF	B	0.25%
	EMR	A	0.25%
	FDX	B	0.25%
	MRVL	B	0.25%
	MAR	B	0.24%
	AJG	B	0.23%
	NSC	B	0.23%
	GM	B	0.23%
	SLB	C	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	MMM	D	0.23%
	AFL	B	0.23%
	TT	A	0.22%
	BK	A	0.22%
	TRV	B	0.22%
	MPC	D	0.21%
	TJX	A	0.21%
	NEM	D	0.21%
	AIG	B	0.2%
	CARR	D	0.2%
	DHI	D	0.2%
	FIS	C	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	ITW	B	0.19%
	KVUE	A	0.18%
	PEG	A	0.18%
	CMI	A	0.18%
	MET	A	0.18%
	ALL	A	0.17%
	CRM	B	0.17%
	JCI	C	0.17%
	AME	A	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	MCHP	D	0.16%
	OTIS	C	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	LEN	D	0.16%
	URI	B	0.16%
	GLW	B	0.15%
	DAL	C	0.15%
	KDP	D	0.15%
	MCK	B	0.15%
	KR	B	0.15%
	STZ	D	0.15%
	DFS	B	0.15%
	CTSH	B	0.15%
	HWM	A	0.15%
	BKR	B	0.15%
	A	D	0.15%
	IR	B	0.15%
	NUE	C	0.14%
	CL	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	GEHC	F	0.14%
	ROST	C	0.14%
	NKE	D	0.14%
	ACGL	D	0.14%
	MSTR	C	0.14%
	RCL	A	0.13%
	HIG	B	0.13%
	EW	C	0.13%
	CNC	D	0.13%
	IQV	D	0.13%
	WAB	B	0.13%
	APH	A	0.13%
	FANG	D	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	EBAY	D	0.12%
	XYL	D	0.12%
	CSGP	D	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%
	GPN	B	0.11%
	SW	A	0.11%
	PHM	D	0.11%
	VMC	B	0.11%
	AWK	D	0.11%
	MTD	D	0.11%
	ROK	B	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	RJF	A	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	PAYX	C	0.11%
	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%
	NVR	D	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%
	CCL	B	0.09%
	HSY	F	0.09%
	PGR	A	0.09%
	CBOE	B	0.09%
	LYB	F	0.09%
	WY	D	0.09%
	YUM	B	0.09%
	HUBB	B	0.09%
	ILMN	D	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	LH	C	0.08%
	STLD	B	0.08%
	OMC	C	0.08%
	MKC	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	EQT	B	0.08%
	PKG	A	0.08%
	FSLR	F	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	CSL	C	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	DGX	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	MAS	D	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	BLDR	D	0.07%
	CNP	B	0.07%
	RGA	A	0.06%
	VLTO	D	0.06%
	BRO	B	0.06%
	VRSN	F	0.06%
	SWKS	F	0.06%
	EXPD	D	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	SYY	B	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	ACM	A	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	THC	D	0.06%
	JBHT	C	0.06%
	TOL	B	0.06%
	CF	B	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	ZBRA	B	0.06%
	IRM	D	0.06%
	APTV	D	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	DOC	D	0.06%
	GEN	B	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	IBKR	A	0.06%
	QCOM	F	0.05%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	CLH	B	0.05%
	UHS	D	0.05%
	BG	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	ALLE	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	NVT	B	0.05%
	JBL	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	CDW	F	0.05%
	BXP	D	0.05%
	JNPR	F	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	NTAP	C	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	FFIV	B	0.05%
	WST	C	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	JLL	D	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	LAD	A	0.04%
	AOS	F	0.04%
	WYNN	D	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	CIEN	B	0.04%
	MTCH	D	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	DAY	B	0.04%
	PRI	A	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	FOXA	B	0.04%
	SOFI	A	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AIZ	A	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	CE	F	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	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%
	CAH	B	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%
	LSTR	D	0.03%
	MKSI	C	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	RGEN	D	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	G	B	0.03%
	QRVO	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%
	WSM	B	0.03%
	GNTX	C	0.03%
	PR	B	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	CHE	D	0.03%
	ONTO	D	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	WAT	B	0.03%
	CBSH	A	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%
	LECO	B	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	RL	B	0.03%
	RBC	A	0.03%
	TKO	B	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BERY	B	0.03%
	ECL	D	0.03%
	VOYA	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%
	TTC	D	0.03%
	ADP	B	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	ALNY	D	0.02%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	AN	C	0.02%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	CLF	F	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	FRPT	B	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	DBX	B	0.02%
	AGO	B	0.02%
	WSC	D	0.02%
	AZO	C	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	0.02%
	AMP	A	0.02%
	XRAY	F	0.02%
	AL	B	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	BYD	C	0.02%
	HXL	D	0.02%
	OLN	D	0.02%
	AVT	C	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	GNRC	B	0.02%
	SEE	C	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	ST	F	0.02%
	FOX	A	0.02%
	KD	B	0.02%
	CROX	D	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	C	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	H	B	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%
	LFUS	F	0.02%
	ALK	C	0.02%
	ESI	A	0.02%
	AXS	A	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%
	WH	B	0.02%
	DAR	C	0.02%
	VMI	B	0.02%
	ELAN	D	0.02%
	AGCO	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%
	TER	D	0.01%
	EXEL	B	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	LEN	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%
	LPX	B	0.01%
	PSTG	D	0.01%
	CNXC	F	0.01%
	KSS	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%
	EXP	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	ULTA	F	0.01%
	SPB	C	0.01%
	CC	C	0.01%
	AGR	B	0.01%
	ALGM	D	0.01%
	CXT	B	0.01%
	CLVT	F	0.01%
	COLM	B	0.01%
	LOPE	B	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	AMKR	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%
	ZI	D	0.01%
	DXC	B	0.01%
	IAC	D	0.01%
	NEU	C	0.01%
	GFS	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	CTAS	B	0.01%
	NWL	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%
	CHH	A	0.0%
	CACC	D	0.0%
	UI	A	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	PATH	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%
	DV	C	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 96 Positions Relative to DEW

	Symbol	Grade	Weight
	HSBH	B	-1.84%
	AMT	D	-0.58%
	VALE	F	-0.52%
	TD	F	-0.4%
	E	F	-0.3%
	HMC	F	-0.19%
	CLX	B	-0.19%
	PECO	A	-0.17%
	NJR	A	-0.17%
	RHP	B	-0.17%
	SLG	B	-0.16%
	POR	C	-0.16%
	CTRE	D	-0.15%
	PNM	F	-0.15%
	IRT	A	-0.15%
	OGS	A	-0.15%
	SWX	B	-0.15%
	MAC	B	-0.14%
	MUR	D	-0.14%
	SBRA	C	-0.14%
	SR	A	-0.14%
	EPRT	B	-0.14%
	ALE	A	-0.13%
	NWE	B	-0.13%
	PBF	D	-0.12%
	CCOI	B	-0.12%
	LYG	F	-0.12%
	SKT	B	-0.12%
	CHT	D	-0.12%
	PTEN	C	-0.11%
	KNTK	B	-0.11%
	CDP	C	-0.11%
	NHI	D	-0.11%
	KMT	B	-0.11%
	CALM	A	-0.11%
	PCH	D	-0.11%
	AROC	B	-0.11%
	AVA	A	-0.11%
	UMC	F	-0.11%
	NOG	A	-0.11%
	HP	B	-0.1%
	CADE	B	-0.1%
	TGNA	B	-0.1%
	TRN	C	-0.1%
	LCII	C	-0.1%
	OUT	A	-0.1%
	OWL	A	-0.1%
	FCPT	C	-0.1%
	ASB	B	-0.09%
	BKE	B	-0.09%
	KB	B	-0.09%
	FIBK	A	-0.09%
	UBSI	B	-0.09%
	BCS	C	-0.09%
	CATY	B	-0.09%
	VLY	B	-0.09%
	ENR	B	-0.09%
	LXP	D	-0.09%
	IIPR	D	-0.09%
	UE	C	-0.09%
	AESI	B	-0.08%
	FHI	A	-0.08%
	FULT	A	-0.08%
	FFBC	A	-0.08%
	HWC	B	-0.08%
	IVT	B	-0.08%
	PFS	B	-0.08%
	INDB	B	-0.08%
	BOH	B	-0.08%
	GBCI	B	-0.08%
	UCB	A	-0.08%
	CVBF	A	-0.08%
	BNL	D	-0.08%
	ONB	B	-0.08%
	AKR	B	-0.08%
	SHO	C	-0.08%
	SKM	D	-0.07%
	BKU	A	-0.07%
	BANR	B	-0.07%
	JXN	C	-0.07%
	RDN	C	-0.07%
	SFNC	B	-0.07%
	CBU	B	-0.07%
	PTVE	B	-0.07%
	FRME	B	-0.07%
	AUB	B	-0.07%
	HASI	D	-0.06%
	BCH	F	-0.06%
	NBTB	B	-0.06%
	SHG	D	-0.05%
	DTH	D	-0.05%
	MC	C	-0.05%
	KT	A	-0.04%
	DHS	A	-0.02%
	BKH	A	-0.02%
	ABEV	F	-0.01%

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

DEW: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric REIT - Retail REIT - Diversified Asset Management Packaged Foods REIT - Industrial Utilities - Diversified REIT - Residential Oil & Gas E&P Telecom Services REIT - Office Utilities - Regulated Gas Drug Manufacturers - Major Oil & Gas Midstream Packaging & Containers REIT - Hotel & Motel Oil & Gas Refining & Marketing REIT - Healthcare Facilities Banks - Global

Keywords: S&P 500 Real Estate Investment Trust Bank Natural Gas Banking Electricity Deposit Products Commercial Banking Real Estate Loans Real Estate Market Investment Management Cash Management Financial Products Investment Bank Insurance Trust Services Commercial Bank Crude Oil Petroleum Industry Cash Management Services