VONV vs. DFVE ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to DoubleLine Fortune 500 Equal Weight ETF (DFVE)

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

$85.07

Average Daily Volume

369,856

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$29.59

Average Daily Volume

1,456

Number of Holdings ^*

454

* may have additional holdings in another (foreign) market

Performance

Period	VONV	DFVE
30 Days	1.07%	1.53%
60 Days	4.70%	5.74%
90 Days	6.89%	7.12%
12 Months	28.25%

373 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in DFVE	Overlap
	AA	C	0.04%	0.26%	0.04%
	AAL	B	0.03%	0.28%	0.03%
	AAP	C	0.01%	0.18%	0.01%
	ABBV	F	0.79%	0.18%	0.18%
	ABT	C	0.78%	0.21%	0.21%
	ACI	C	0.03%	0.2%	0.03%
	ACM	B	0.06%	0.23%	0.06%
	ADI	D	0.45%	0.19%	0.19%
	ADM	F	0.11%	0.18%	0.11%
	ADP	A	0.03%	0.23%	0.03%
	AEE	B	0.09%	0.23%	0.09%
	AEP	D	0.21%	0.19%	0.19%
	AES	F	0.06%	0.16%	0.06%
	AFG	A	0.04%	0.22%	0.04%
	AFL	C	0.25%	0.21%	0.21%
	AGCO	F	0.02%	0.2%	0.02%
	AIG	B	0.19%	0.21%	0.19%
	AIZ	A	0.04%	0.22%	0.04%
	AJG	A	0.22%	0.21%	0.21%
	ALB	C	0.04%	0.24%	0.04%
	ALK	A	0.02%	0.3%	0.02%
	ALL	B	0.17%	0.22%	0.17%
	ALLY	C	0.03%	0.18%	0.03%
	AMAT	F	0.05%	0.2%	0.05%
	AMD	F	0.36%	0.2%	0.2%
	AMGN	F	0.15%	0.19%	0.15%
	AMP	A	0.02%	0.26%	0.02%
	AN	C	0.02%	0.19%	0.02%
	APA	F	0.04%	0.15%	0.04%
	APD	B	0.26%	0.23%	0.23%
	APH	B	0.13%	0.22%	0.13%
	ARMK	B	0.04%	0.22%	0.04%
	ARW	F	0.03%	0.17%	0.03%
	AVT	C	0.02%	0.2%	0.02%
	AVY	F	0.04%	0.19%	0.04%
	AXP	B	0.38%	0.23%	0.23%
	AZO	B	0.02%	0.2%	0.02%
	BA	F	0.29%	0.17%	0.17%
	BAC	A	1.07%	0.24%	0.24%
	BALL	D	0.08%	0.21%	0.08%
	BAX	F	0.08%	0.18%	0.08%
	BBWI	C	0.03%	0.21%	0.03%
	BBY	C	0.09%	0.19%	0.09%
	BDX	F	0.28%	0.2%	0.2%
	BEN	C	0.02%	0.22%	0.02%
	BERY	D	0.03%	0.2%	0.03%
	BIIB	F	0.11%	0.17%	0.11%
	BJ	B	0.04%	0.23%	0.04%
	BK	B	0.21%	0.24%	0.21%
	BKNG	A	0.03%	0.28%	0.03%
	BKR	B	0.14%	0.25%	0.14%
	BLDR	C	0.08%	0.21%	0.08%
	BMY	B	0.42%	0.24%	0.24%
	BRK.A	B	3.33%	0.21%	0.21%
	BSX	A	0.49%	0.23%	0.23%
	BWA	B	0.03%	0.21%	0.03%
	C	B	0.47%	0.23%	0.23%
	CAG	F	0.06%	0.18%	0.06%
	CAH	B	0.04%	0.23%	0.04%
	CAR	C	0.0%	0.26%	0.0%
	CARR	C	0.22%	0.22%	0.22%
	CASY	B	0.05%	0.24%	0.05%
	CAT	B	0.65%	0.23%	0.23%
	CBRE	B	0.15%	0.24%	0.15%
	CCK	D	0.04%	0.21%	0.04%
	CDW	F	0.06%	0.17%	0.06%
	CE	F	0.04%	0.12%	0.04%
	CEG	D	0.27%	0.24%	0.24%
	CFG	B	0.07%	0.22%	0.07%
	CHRW	A	0.05%	0.22%	0.05%
	CHTR	B	0.12%	0.24%	0.12%
	CI	D	0.35%	0.19%	0.19%
	CINF	A	0.08%	0.23%	0.08%
	CL	F	0.15%	0.18%	0.15%
	CLF	F	0.02%	0.18%	0.02%
	CMCSA	B	0.63%	0.23%	0.23%
	CMI	A	0.17%	0.24%	0.17%
	CMS	D	0.08%	0.21%	0.08%
	CNC	F	0.16%	0.15%	0.15%
	CNP	B	0.07%	0.23%	0.07%
	CNXC	F	0.01%	0.11%	0.01%
	COF	B	0.22%	0.26%	0.22%
	COP	C	0.49%	0.2%	0.2%
	CPB	F	0.04%	0.19%	0.04%
	CRM	B	0.15%	0.27%	0.15%
	CSCO	A	0.85%	0.24%	0.24%
	CSX	B	0.27%	0.22%	0.22%
	CTAS	B	0.01%	0.23%	0.01%
	CTSH	A	0.15%	0.22%	0.15%
	CTVA	C	0.16%	0.21%	0.16%
	CVNA	B	0.05%	0.33%	0.05%
	CVS	F	0.31%	0.2%	0.2%
	CVX	A	1.0%	0.22%	0.22%
	CZR	F	0.04%	0.22%	0.04%
	D	D	0.19%	0.21%	0.19%
	DAL	A	0.13%	0.32%	0.13%
	DASH	A	0.02%	0.29%	0.02%
	DD	D	0.15%	0.21%	0.15%
	DE	D	0.42%	0.21%	0.21%
	DELL	C	0.11%	0.25%	0.11%
	DFS	B	0.14%	0.26%	0.14%
	DG	F	0.07%	0.18%	0.07%
	DGX	B	0.07%	0.21%	0.07%
	DHI	D	0.22%	0.18%	0.18%
	DHR	F	0.71%	0.19%	0.19%
	DINO	D	0.03%	0.18%	0.03%
	DIS	B	0.7%	0.24%	0.24%
	DKS	D	0.04%	0.17%	0.04%
	DLTR	F	0.06%	0.16%	0.06%
	DOV	A	0.1%	0.23%	0.1%
	DOW	F	0.15%	0.17%	0.15%
	DRI	B	0.04%	0.22%	0.04%
	DTE	D	0.11%	0.2%	0.11%
	DUK	D	0.35%	0.2%	0.2%
	DVN	F	0.1%	0.18%	0.1%
	DXC	B	0.01%	0.22%	0.01%
	EA	A	0.15%	0.22%	0.15%
	EBAY	C	0.13%	0.22%	0.13%
	ECL	C	0.03%	0.21%	0.03%
	ED	D	0.14%	0.2%	0.14%
	EIX	C	0.13%	0.2%	0.13%
	EL	F	0.06%	0.14%	0.06%
	ELV	F	0.4%	0.15%	0.15%
	EME	B	0.05%	0.27%	0.05%
	EMN	D	0.05%	0.21%	0.05%
	EMR	A	0.25%	0.26%	0.25%
	EOG	A	0.28%	0.21%	0.21%
	EQIX	B	0.31%	0.23%	0.23%
	ES	D	0.09%	0.19%	0.09%
	ETR	B	0.11%	0.26%	0.11%
	EXC	C	0.16%	0.21%	0.16%
	EXPD	C	0.06%	0.2%	0.06%
	F	C	0.16%	0.21%	0.16%
	FANG	C	0.13%	0.19%	0.13%
	FAST	B	0.03%	0.26%	0.03%
	FCNCA	B	0.09%	0.23%	0.09%
	FCX	F	0.28%	0.2%	0.2%
	FDX	B	0.25%	0.2%	0.2%
	FE	D	0.1%	0.2%	0.1%
	FI	A	0.28%	0.25%	0.25%
	FIS	B	0.19%	0.23%	0.19%
	FITB	A	0.12%	0.23%	0.12%
	FNF	C	0.06%	0.21%	0.06%
	FOXA	A	0.04%	0.23%	0.04%
	GAP	B	0.02%	0.2%	0.02%
	GD	C	0.33%	0.22%	0.22%
	GE	D	0.64%	0.22%	0.22%
	GEHC	D	0.15%	0.21%	0.15%
	GILD	B	0.41%	0.24%	0.24%
	GIS	F	0.16%	0.19%	0.16%
	GLW	B	0.14%	0.23%	0.14%
	GM	B	0.2%	0.24%	0.2%
	GPC	D	0.08%	0.18%	0.08%
	GPK	D	0.03%	0.2%	0.03%
	GPN	B	0.1%	0.22%	0.1%
	GS	B	0.45%	0.24%	0.24%
	GWW	B	0.02%	0.25%	0.02%
	GXO	B	0.02%	0.25%	0.02%
	HAL	C	0.1%	0.2%	0.1%
	HBAN	A	0.08%	0.24%	0.08%
	HCA	D	0.23%	0.18%	0.18%
	HD	B	0.32%	0.23%	0.23%
	HES	B	0.05%	0.21%	0.05%
	HIG	C	0.14%	0.21%	0.14%
	HII	F	0.04%	0.15%	0.04%
	HLT	A	0.11%	0.24%	0.11%
	HON	B	0.45%	0.23%	0.23%
	HPE	B	0.11%	0.24%	0.11%
	HPQ	B	0.11%	0.21%	0.11%
	HRL	F	0.04%	0.2%	0.04%
	HSIC	F	0.04%	0.2%	0.04%
	HSY	F	0.1%	0.2%	0.1%
	HUM	D	0.15%	0.17%	0.15%
	IBKR	A	0.06%	0.29%	0.06%
	IBM	D	0.8%	0.22%	0.22%
	ICE	C	0.36%	0.2%	0.2%
	IFF	F	0.11%	0.18%	0.11%
	INGR	B	0.04%	0.23%	0.04%
	INTC	C	0.4%	0.26%	0.26%
	IP	B	0.07%	0.24%	0.07%
	IPG	F	0.05%	0.19%	0.05%
	IQV	F	0.15%	0.17%	0.15%
	ITW	B	0.19%	0.22%	0.19%
	J	D	0.06%	0.2%	0.06%
	JBHT	C	0.06%	0.23%	0.06%
	JBL	C	0.05%	0.25%	0.05%
	JEF	B	0.03%	0.26%	0.03%
	JLL	C	0.03%	0.22%	0.03%
	JNJ	D	1.55%	0.19%	0.19%
	JPM	A	2.39%	0.22%	0.22%
	JWN	B	0.01%	0.22%	0.01%
	K	A	0.08%	0.21%	0.08%
	KD	A	0.02%	0.25%	0.02%
	KDP	C	0.16%	0.19%	0.16%
	KEY	B	0.06%	0.23%	0.06%
	KHC	F	0.12%	0.19%	0.12%
	KMB	D	0.11%	0.19%	0.11%
	KMI	B	0.17%	0.26%	0.17%
	KMX	B	0.04%	0.19%	0.04%
	KNX	C	0.03%	0.23%	0.03%
	KO	F	0.47%	0.18%	0.18%
	KR	A	0.15%	0.23%	0.15%
	KSS	D	0.01%	0.19%	0.01%
	L	A	0.06%	0.21%	0.06%
	LAD	B	0.03%	0.26%	0.03%
	LDOS	C	0.09%	0.25%	0.09%
	LEA	F	0.02%	0.17%	0.02%
	LEN	D	0.01%	0.19%	0.01%
	LEN	D	0.18%	0.19%	0.18%
	LH	B	0.07%	0.22%	0.07%
	LHX	B	0.18%	0.23%	0.18%
	LKQ	C	0.04%	0.19%	0.04%
	LMT	D	0.34%	0.2%	0.2%
	LNC	B	0.02%	0.22%	0.02%
	LNG	B	0.08%	0.24%	0.08%
	LOW	B	0.61%	0.23%	0.23%
	LUV	B	0.07%	0.23%	0.07%
	M	C	0.02%	0.2%	0.02%
	MAN	F	0.01%	0.18%	0.01%
	MAR	A	0.23%	0.25%	0.23%
	MAS	D	0.07%	0.21%	0.07%
	MCD	C	0.81%	0.21%	0.21%
	MCHP	F	0.17%	0.17%	0.17%
	MCK	B	0.14%	0.23%	0.14%
	MDLZ	F	0.39%	0.19%	0.19%
	MET	C	0.19%	0.22%	0.19%
	MGM	D	0.04%	0.21%	0.04%
	MHK	D	0.03%	0.19%	0.03%
	MKL	A	0.06%	0.21%	0.06%
	MMC	D	0.38%	0.21%	0.21%
	MMM	C	0.24%	0.2%	0.2%
	MNST	B	0.03%	0.25%	0.03%
	MO	A	0.35%	0.21%	0.21%
	MOH	F	0.03%	0.18%	0.03%
	MOS	D	0.03%	0.19%	0.03%
	MPC	D	0.23%	0.19%	0.19%
	MS	A	0.45%	0.27%	0.27%
	MSI	B	0.15%	0.23%	0.15%
	MTB	A	0.12%	0.26%	0.12%
	MTZ	B	0.03%	0.26%	0.03%
	MU	D	0.45%	0.22%	0.22%
	NEE	D	0.69%	0.19%	0.19%
	NEM	F	0.24%	0.16%	0.16%
	NKE	F	0.16%	0.19%	0.16%
	NOC	D	0.29%	0.21%	0.21%
	NOV	C	0.02%	0.19%	0.02%
	NRG	C	0.04%	0.23%	0.04%
	NSC	B	0.22%	0.22%	0.22%
	NTRS	A	0.07%	0.25%	0.07%
	NUE	D	0.14%	0.21%	0.14%
	NVR	D	0.11%	0.19%	0.11%
	NWL	B	0.01%	0.26%	0.01%
	NWSA	B	0.04%	0.21%	0.04%
	OC	A	0.06%	0.24%	0.06%
	OKE	A	0.21%	0.25%	0.21%
	OMC	A	0.08%	0.22%	0.08%
	ON	F	0.12%	0.19%	0.12%
	ORI	A	0.03%	0.22%	0.03%
	ORLY	A	0.02%	0.23%	0.02%
	OSK	B	0.03%	0.21%	0.03%
	OTIS	D	0.17%	0.22%	0.17%
	OVV	C	0.04%	0.2%	0.04%
	OXY	F	0.14%	0.18%	0.14%
	PAG	B	0.01%	0.2%	0.01%
	PARA	B	0.03%	0.22%	0.03%
	PCAR	B	0.2%	0.25%	0.2%
	PCG	A	0.17%	0.22%	0.17%
	PEG	C	0.18%	0.22%	0.18%
	PEP	D	0.19%	0.2%	0.19%
	PFE	F	0.65%	0.19%	0.19%
	PFG	C	0.08%	0.22%	0.08%
	PFGC	B	0.04%	0.23%	0.04%
	PG	C	1.26%	0.2%	0.2%
	PGR	A	0.09%	0.22%	0.09%
	PH	A	0.32%	0.24%	0.24%
	PHM	D	0.12%	0.2%	0.12%
	PII	F	0.02%	0.17%	0.02%
	PKG	B	0.08%	0.24%	0.08%
	PLD	D	0.46%	0.19%	0.19%
	PM	B	0.75%	0.21%	0.21%
	PNC	B	0.29%	0.23%	0.23%
	PPG	F	0.12%	0.2%	0.12%
	PPL	A	0.1%	0.22%	0.1%
	PRU	B	0.17%	0.22%	0.17%
	PSX	C	0.22%	0.2%	0.2%
	PVH	C	0.02%	0.22%	0.02%
	PWR	B	0.12%	0.25%	0.12%
	PYPL	A	0.32%	0.25%	0.25%
	QCOM	F	0.05%	0.2%	0.05%
	R	B	0.02%	0.24%	0.02%
	REGN	F	0.4%	0.14%	0.14%
	RF	A	0.08%	0.23%	0.08%
	RGA	A	0.06%	0.22%	0.06%
	RJF	A	0.09%	0.28%	0.09%
	ROK	B	0.11%	0.22%	0.11%
	ROST	D	0.15%	0.19%	0.15%
	RPM	A	0.05%	0.24%	0.05%
	RS	C	0.07%	0.23%	0.07%
	RSG	B	0.16%	0.22%	0.16%
	RTX	D	0.64%	0.21%	0.21%
	SAIC	D	0.03%	0.24%	0.03%
	SBUX	B	0.1%	0.22%	0.1%
	SCHW	B	0.34%	0.25%	0.25%
	SEB	F	0.0%	0.17%	0.0%
	SHW	A	0.03%	0.22%	0.03%
	SIRI	C	0.02%	0.2%	0.02%
	SJM	F	0.05%	0.2%	0.05%
	SKX	F	0.03%	0.18%	0.03%
	SNX	C	0.04%	0.2%	0.04%
	SO	D	0.39%	0.21%	0.21%
	SPGI	C	0.64%	0.21%	0.21%
	SQ	B	0.09%	0.26%	0.09%
	SRE	B	0.21%	0.23%	0.21%
	STLD	C	0.07%	0.24%	0.07%
	STT	B	0.11%	0.23%	0.11%
	STZ	D	0.16%	0.21%	0.16%
	SWK	F	0.07%	0.17%	0.07%
	SYF	B	0.08%	0.27%	0.08%
	SYK	A	0.36%	0.22%	0.22%
	SYY	D	0.06%	0.2%	0.06%
	T	A	0.62%	0.23%	0.23%
	TAP	B	0.04%	0.25%	0.04%
	TFC	B	0.23%	0.22%	0.22%
	TGT	C	0.29%	0.21%	0.21%
	THC	B	0.06%	0.21%	0.06%
	THO	B	0.02%	0.21%	0.02%
	TJX	A	0.22%	0.21%	0.21%
	TMO	F	0.93%	0.18%	0.18%
	TOL	B	0.06%	0.22%	0.06%
	TRV	B	0.21%	0.23%	0.21%
	TSN	B	0.07%	0.2%	0.07%
	TXN	B	0.65%	0.2%	0.2%
	TXT	D	0.07%	0.2%	0.07%
	UAL	A	0.07%	0.43%	0.07%
	UGI	D	0.02%	0.2%	0.02%
	UHS	D	0.05%	0.18%	0.05%
	ULTA	C	0.01%	0.21%	0.01%
	UNH	B	1.98%	0.21%	0.21%
	UNM	A	0.04%	0.26%	0.04%
	UNP	D	0.31%	0.2%	0.2%
	UPS	C	0.39%	0.22%	0.22%
	URI	B	0.16%	0.24%	0.16%
	USB	B	0.28%	0.23%	0.23%
	USFD	B	0.06%	0.23%	0.06%
	VFC	C	0.03%	0.22%	0.03%
	VLO	C	0.17%	0.2%	0.17%
	VMC	B	0.1%	0.24%	0.1%
	VOYA	B	0.03%	0.24%	0.03%
	VRTX	B	0.24%	0.21%	0.21%
	VTRS	B	0.05%	0.23%	0.05%
	VZ	D	0.75%	0.21%	0.21%
	W	F	0.02%	0.19%	0.02%
	WAB	B	0.13%	0.25%	0.13%
	WBA	D	0.03%	0.2%	0.03%
	WBD	B	0.08%	0.26%	0.08%
	WCC	B	0.03%	0.26%	0.03%
	WDC	D	0.09%	0.21%	0.09%
	WEC	B	0.12%	0.22%	0.12%
	WFC	A	0.78%	0.26%	0.26%
	WHR	B	0.02%	0.23%	0.02%
	WLK	F	0.02%	0.18%	0.02%
	WMB	B	0.22%	0.25%	0.22%
	WMT	A	1.39%	0.23%	0.23%
	WRB	B	0.07%	0.21%	0.07%
	WSM	F	0.03%	0.2%	0.03%
	WSO	B	0.07%	0.24%	0.07%
	WY	F	0.1%	0.21%	0.1%
	X	D	0.03%	0.2%	0.03%
	XEL	A	0.14%	0.23%	0.14%
	XOM	B	2.08%	0.21%	0.21%
	XYL	F	0.13%	0.19%	0.13%
	ZBH	C	0.09%	0.2%	0.09%
	ZTS	D	0.06%	0.2%	0.06%

VONV Overweight 471 Positions Relative to DFVE

	Symbol	Grade	Weight
	LIN	D	0.91%
	ACN	B	0.88%
	BLK	A	0.55%
	ETN	B	0.52%
	MDT	D	0.46%
	CB	C	0.46%
	TMUS	A	0.4%
	WELL	B	0.31%
	CME	B	0.31%
	AON	B	0.27%
	GEV	B	0.27%
	TDG	D	0.25%
	KKR	B	0.25%
	ROP	A	0.24%
	SLB	C	0.24%
	TT	B	0.23%
	O	D	0.22%
	MRVL	B	0.22%
	DLR	C	0.21%
	CCI	F	0.2%
	PSA	D	0.19%
	KVUE	A	0.18%
	JCI	A	0.17%
	A	F	0.17%
	IR	A	0.16%
	AME	A	0.16%
	ACGL	C	0.16%
	SPG	A	0.16%
	EXR	D	0.15%
	HWM	B	0.15%
	VICI	D	0.14%
	MTD	F	0.13%
	EW	F	0.13%
	AVB	B	0.13%
	NDAQ	B	0.12%
	WTW	A	0.12%
	CSGP	F	0.12%
	MLM	B	0.12%
	FSLR	F	0.11%
	GRMN	A	0.11%
	RCL	A	0.11%
	PAYX	B	0.11%
	KEYS	C	0.11%
	FTV	C	0.11%
	ANSS	B	0.11%
	EQR	C	0.11%
	AWK	D	0.11%
	EFX	F	0.11%
	YUM	B	0.1%
	MSTR	B	0.1%
	LYB	F	0.1%
	SW	B	0.1%
	CHD	A	0.1%
	RMD	C	0.1%
	SBAC	D	0.1%
	VTR	C	0.1%
	TTWO	A	0.1%
	INVH	D	0.09%
	MRNA	F	0.09%
	CBOE	D	0.09%
	HUBB	C	0.09%
	STE	D	0.09%
	TROW	A	0.09%
	TRU	D	0.08%
	APTV	F	0.08%
	TDY	B	0.08%
	EQT	B	0.08%
	ARE	F	0.08%
	MKC	D	0.08%
	ILMN	C	0.08%
	ATO	B	0.08%
	APO	B	0.07%
	SUI	F	0.07%
	AVTR	F	0.07%
	CTRA	B	0.07%
	CSL	B	0.07%
	ZM	B	0.07%
	CCL	B	0.07%
	MAA	C	0.07%
	HOLX	D	0.07%
	MSCI	B	0.07%
	ESS	C	0.07%
	RNR	D	0.06%
	NTAP	D	0.06%
	EG	D	0.06%
	GGG	B	0.06%
	RBA	B	0.06%
	IRM	D	0.06%
	MRO	B	0.06%
	SNA	A	0.06%
	UDR	C	0.06%
	ZBRA	B	0.06%
	NDSN	B	0.06%
	GEN	B	0.06%
	VRSN	C	0.06%
	TRMB	B	0.06%
	VLTO	D	0.06%
	AKAM	F	0.06%
	KIM	A	0.06%
	HOOD	B	0.06%
	NI	A	0.06%
	LNT	C	0.06%
	CF	B	0.06%
	UTHR	B	0.06%
	RVTY	C	0.06%
	SWKS	F	0.06%
	DOC	C	0.06%
	SSNC	C	0.06%
	PNR	A	0.06%
	IEX	B	0.06%
	AMCR	D	0.06%
	EWBC	B	0.05%
	NVT	C	0.05%
	TFX	F	0.05%
	COHR	C	0.05%
	BLD	F	0.05%
	CUBE	D	0.05%
	CLH	B	0.05%
	HST	D	0.05%
	ITT	A	0.05%
	TECH	D	0.05%
	CW	C	0.05%
	BXP	D	0.05%
	JNPR	D	0.05%
	ALLE	D	0.05%
	CPT	C	0.05%
	JKHY	C	0.05%
	FFIV	B	0.05%
	AMH	C	0.05%
	ELS	B	0.05%
	BMRN	F	0.05%
	REG	A	0.05%
	GLPI	D	0.05%
	WPC	F	0.05%
	BG	D	0.05%
	EVRG	A	0.05%
	BRO	B	0.05%
	DCI	A	0.04%
	CIEN	B	0.04%
	NYT	C	0.04%
	EGP	D	0.04%
	FTNT	B	0.04%
	TTC	F	0.04%
	WYNN	C	0.04%
	EVR	B	0.04%
	PRI	B	0.04%
	RGLD	C	0.04%
	RIVN	F	0.04%
	WAL	B	0.04%
	GL	B	0.04%
	SF	A	0.04%
	FRT	B	0.04%
	AFRM	B	0.04%
	CG	B	0.04%
	MKTX	C	0.04%
	EHC	B	0.04%
	SOLV	C	0.04%
	MTCH	F	0.04%
	CNH	D	0.04%
	WTRG	C	0.04%
	QRVO	F	0.04%
	DPZ	C	0.04%
	INCY	B	0.04%
	TTEK	F	0.04%
	DOX	C	0.04%
	OHI	C	0.04%
	PNW	A	0.04%
	CRL	C	0.04%
	QGEN	D	0.04%
	WWD	B	0.04%
	NTNX	B	0.04%
	EPAM	B	0.04%
	ATR	A	0.04%
	TPR	A	0.04%
	AOS	F	0.04%
	REXR	F	0.04%
	FBIN	F	0.04%
	CTLT	D	0.04%
	RRX	B	0.04%
	RPRX	F	0.04%
	CACI	C	0.04%
	FTI	B	0.04%
	SCI	B	0.04%
	FDS	A	0.04%
	LW	B	0.03%
	BPOP	C	0.03%
	MAT	C	0.03%
	IVZ	B	0.03%
	BIO	C	0.03%
	PB	B	0.03%
	OKTA	C	0.03%
	MTG	C	0.03%
	LFUS	D	0.03%
	MSA	D	0.03%
	XP	F	0.03%
	CGNX	C	0.03%
	FAF	C	0.03%
	CFR	B	0.03%
	CRUS	F	0.03%
	RHI	B	0.03%
	ZION	B	0.03%
	LSTR	B	0.03%
	WMS	F	0.03%
	LBRDK	C	0.03%
	FLS	B	0.03%
	SOFI	B	0.03%
	JAZZ	B	0.03%
	SEIC	A	0.03%
	MKSI	C	0.03%
	BFAM	F	0.03%
	GNTX	C	0.03%
	PR	C	0.03%
	VNO	C	0.03%
	G	B	0.03%
	FICO	B	0.03%
	CROX	F	0.03%
	WTFC	B	0.03%
	STAG	D	0.03%
	KEX	A	0.03%
	HRB	D	0.03%
	CBSH	A	0.03%
	RGEN	C	0.03%
	ELAN	C	0.03%
	RRC	B	0.03%
	FR	D	0.03%
	SSD	F	0.03%
	MIDD	D	0.03%
	HLI	B	0.03%
	CRBG	C	0.03%
	PNFP	B	0.03%
	ADC	A	0.03%
	EXAS	F	0.03%
	APG	C	0.03%
	ONTO	F	0.03%
	DTM	A	0.03%
	Z	B	0.03%
	LECO	C	0.03%
	WEX	D	0.03%
	AGNC	C	0.03%
	CR	B	0.03%
	RL	B	0.03%
	SWN	C	0.03%
	ALGN	D	0.03%
	BWXT	B	0.03%
	BRBR	A	0.03%
	KBR	D	0.03%
	COKE	C	0.03%
	CMA	A	0.03%
	WBS	A	0.03%
	AXTA	A	0.03%
	FCN	F	0.03%
	GMED	B	0.03%
	CHE	D	0.03%
	ROKU	C	0.03%
	COLD	F	0.03%
	CHRD	D	0.03%
	DAY	B	0.03%
	GWRE	A	0.03%
	FMC	F	0.03%
	OGE	B	0.03%
	ATI	F	0.03%
	WAT	B	0.03%
	FND	F	0.03%
	AR	B	0.03%
	BRX	A	0.03%
	ALSN	B	0.03%
	TKO	D	0.03%
	PTC	B	0.03%
	AYI	A	0.03%
	FHN	A	0.03%
	RBC	B	0.03%
	WST	B	0.03%
	GME	C	0.03%
	TW	B	0.03%
	LAMR	D	0.03%
	FYBR	D	0.03%
	NNN	F	0.03%
	TWLO	B	0.03%
	AWI	B	0.02%
	MSM	C	0.02%
	ALNY	D	0.02%
	GFS	C	0.02%
	HUN	F	0.02%
	RH	C	0.02%
	IAC	F	0.02%
	BILL	B	0.02%
	AGO	B	0.02%
	DBX	B	0.02%
	WTM	A	0.02%
	LITE	B	0.02%
	SITE	D	0.02%
	SLGN	B	0.02%
	EEFT	C	0.02%
	FLO	F	0.02%
	FRPT	B	0.02%
	ASH	F	0.02%
	UHAL	D	0.02%
	OZK	B	0.02%
	BYD	A	0.02%
	CUZ	B	0.02%
	DLB	D	0.02%
	KRC	C	0.02%
	HOG	D	0.02%
	AL	B	0.02%
	RYN	F	0.02%
	PSN	C	0.02%
	GNRC	B	0.02%
	SAIA	B	0.02%
	CPRI	F	0.02%
	OLED	F	0.02%
	DOCS	B	0.02%
	SLM	A	0.02%
	ROIV	D	0.02%
	WSC	F	0.02%
	HXL	F	0.02%
	OGN	F	0.02%
	JHG	A	0.02%
	SEE	C	0.02%
	FNB	B	0.02%
	FOX	A	0.02%
	IDA	A	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	THG	A	0.02%
	ST	F	0.02%
	XRAY	F	0.02%
	SON	F	0.02%
	WH	A	0.02%
	MTDR	B	0.02%
	ZG	B	0.02%
	COLB	A	0.02%
	S	B	0.02%
	TKR	F	0.02%
	AMG	B	0.02%
	OLN	F	0.02%
	NFG	D	0.02%
	MDU	D	0.02%
	SRCL	B	0.02%
	COIN	B	0.02%
	POST	D	0.02%
	BC	D	0.02%
	H	B	0.02%
	ACHC	F	0.02%
	VMI	B	0.02%
	SN	C	0.02%
	DAR	B	0.02%
	OLLI	C	0.02%
	ESAB	B	0.02%
	RLI	A	0.02%
	ESI	B	0.02%
	AXS	A	0.02%
	MTSI	B	0.02%
	SNV	B	0.02%
	STWD	C	0.02%
	UA	B	0.01%
	SNDR	B	0.01%
	CERT	F	0.01%
	LYFT	B	0.01%
	TRIP	D	0.01%
	WEN	C	0.01%
	FTRE	D	0.01%
	INFA	F	0.01%
	REYN	D	0.01%
	GO	C	0.01%
	PPC	C	0.01%
	LEG	F	0.01%
	TER	F	0.01%
	PSTG	D	0.01%
	IPGP	C	0.01%
	BIRK	F	0.01%
	SAM	B	0.01%
	UAA	B	0.01%
	VSTS	D	0.01%
	PINC	B	0.01%
	AZEK	B	0.01%
	QS	F	0.01%
	BROS	B	0.01%
	GLOB	B	0.01%
	ADTN	B	0.01%
	LPX	A	0.01%
	HAYW	B	0.01%
	BR	A	0.01%
	EXP	B	0.01%
	RCM	B	0.01%
	ETSY	D	0.01%
	BOKF	B	0.01%
	MP	C	0.01%
	CRI	D	0.01%
	ENOV	C	0.01%
	YETI	D	0.01%
	HHH	B	0.01%
	VIRT	B	0.01%
	AZTA	F	0.01%
	SPB	A	0.01%
	SHC	D	0.01%
	AGR	C	0.01%
	VAC	B	0.01%
	RKT	F	0.01%
	CWEN	D	0.01%
	BRKR	F	0.01%
	MASI	B	0.01%
	CXT	F	0.01%
	BHF	B	0.01%
	ALGM	F	0.01%
	COLM	B	0.01%
	LOPE	B	0.01%
	CC	C	0.01%
	CNM	D	0.01%
	PENN	B	0.01%
	CLVT	F	0.01%
	PK	C	0.01%
	FHB	B	0.01%
	TNL	A	0.01%
	AMED	F	0.01%
	IRDM	B	0.01%
	CPRT	A	0.01%
	LCID	F	0.01%
	PAYC	B	0.01%
	NXST	C	0.01%
	AM	B	0.01%
	ZI	C	0.01%
	NSA	D	0.01%
	PLNT	A	0.01%
	NWS	B	0.01%
	SPR	F	0.01%
	WU	F	0.01%
	HIW	D	0.01%
	NVST	C	0.01%
	AMKR	F	0.01%
	MPW	F	0.01%
	COTY	D	0.01%
	DNB	B	0.01%
	PRGO	C	0.01%
	MSGS	B	0.01%
	GTES	B	0.01%
	TPG	B	0.01%
	EPR	D	0.01%
	NEU	C	0.01%
	CIVI	D	0.01%
	SMG	D	0.01%
	KMPR	A	0.01%
	TYL	B	0.01%
	U	F	0.01%
	UHAL	D	0.0%
	SEG	F	0.0%
	UWMC	F	0.0%
	NFE	F	0.0%
	DJT	C	0.0%
	IONS	F	0.0%
	CHH	B	0.0%
	UI	B	0.0%
	PLTK	B	0.0%
	CACC	D	0.0%
	LBRDA	C	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	TXG	F	0.0%
	CWEN	D	0.0%
	PYCR	B	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	NCNO	B	0.0%
	HCP	A	0.0%
	AMC	C	0.0%
	DV	C	0.0%
	MTN	C	0.0%
	CNA	C	0.0%
	DDS	B	0.0%
	HAS	D	0.0%
	WOLF	F	0.0%
	EXEL	B	0.0%

VONV Underweight 82 Positions Relative to DFVE

	Symbol	Grade	Weight
	LUMN	C	-0.36%
	VST	B	-0.35%
	TSLA	B	-0.33%
	ATUS	C	-0.3%
	JBLU	C	-0.29%
	UNFI	B	-0.29%
	YUMC	C	-0.29%
	LPLA	A	-0.29%
	ORCL	A	-0.28%
	XPO	B	-0.27%
	LYV	A	-0.27%
	TRGP	B	-0.27%
	NVDA	A	-0.26%
	NOW	A	-0.26%
	AMZN	A	-0.26%
	LULU	B	-0.26%
	EXPE	B	-0.26%
	LVS	C	-0.26%
	BECN	B	-0.24%
	SATS	D	-0.24%
	HTZ	C	-0.24%
	SNEX	B	-0.24%
	CPNG	B	-0.24%
	NFLX	A	-0.24%
	GT	C	-0.23%
	ISRG	A	-0.23%
	ABG	B	-0.23%
	BAH	C	-0.23%
	AVGO	C	-0.23%
	GOOGL	C	-0.23%
	GPI	B	-0.23%
	META	B	-0.23%
	SANM	C	-0.23%
	V	A	-0.23%
	INTU	A	-0.23%
	CMC	B	-0.23%
	CHWY	B	-0.23%
	ABNB	C	-0.23%
	EQH	B	-0.23%
	TMHC	B	-0.22%
	COST	B	-0.22%
	SAH	B	-0.22%
	CLX	A	-0.22%
	WDAY	B	-0.22%
	COR	B	-0.22%
	GNW	B	-0.22%
	CMG	B	-0.22%
	WM	A	-0.22%
	MA	B	-0.22%
	UFPI	B	-0.22%
	OI	C	-0.21%
	ALV	C	-0.21%
	FLR	C	-0.21%
	ABM	B	-0.21%
	TSCO	D	-0.21%
	MUSA	B	-0.21%
	MSFT	C	-0.21%
	DVA	C	-0.21%
	DK	D	-0.2%
	WKC	C	-0.2%
	AAPL	C	-0.2%
	UBER	F	-0.2%
	BURL	C	-0.2%
	PBF	F	-0.19%
	ANDE	D	-0.19%
	LRCX	F	-0.19%
	ADBE	C	-0.19%
	LLY	F	-0.18%
	AMT	F	-0.18%
	KLAC	F	-0.17%
	ODP	F	-0.17%
	MRK	F	-0.17%
	AMRK	F	-0.17%
	SPTN	F	-0.17%
	OMI	F	-0.16%
	DAN	D	-0.16%
	FL	F	-0.16%
	PARR	F	-0.16%
	QRTEA	F	-0.15%
	NSIT	F	-0.15%
	CYH	F	-0.15%
	SMCI	F	-0.09%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Oil & Gas E&P Asset Management 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 Beverage Dow Jones Component Medicine

DFVE: Top Represented Industries & Keywords

Industries: Specialty Retail Utilities - Regulated Electric Banks - Regional - US Capital Markets Diversified Industrials Drug Manufacturers - Major Information Technology Services Oil & Gas E&P Semiconductors Business Services Insurance - Property & Casualty Packaged Foods Aerospace & Defense Asset Management Auto & Truck Dealerships Credit Services Health Care Plans Insurance - Diversified Oil & Gas Refining & Marketing Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Dow Jones Component Electricity Computing Bank Retailing Transport Electronics Insurance Products Chemical Disability Mining Banking Beverage Medicine Petroleum Industry Aerospace