VONV vs. EVUS ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares ESG Aware MSCI USA Value ETF (EVUS)

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

$83.04

Average Daily Volume

318,011

Number of Holdings ^*

839

* may have additional holdings in another (foreign) market

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$29.79

Average Daily Volume

2,107

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	VONV	EVUS
30 Days	3.44%	3.88%
60 Days	5.25%	6.21%
90 Days	8.24%	8.96%
12 Months	23.07%	24.19%

217 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in EVUS	Overlap
	A	C	0.17%	0.21%	0.17%
	ABBV	C	0.79%	1.1%	0.79%
	ABT	C	0.79%	0.25%	0.25%
	ACGL	C	0.16%	0.19%	0.16%
	ACN	C	0.86%	0.57%	0.57%
	ADI	C	0.47%	0.29%	0.29%
	ADM	D	0.12%	0.12%	0.12%
	ADP	B	0.03%	1.18%	0.03%
	AFL	C	0.25%	0.23%	0.23%
	AIZ	B	0.04%	0.18%	0.04%
	AKAM	D	0.06%	0.14%	0.06%
	ALLE	B	0.05%	0.16%	0.05%
	AMGN	B	0.16%	0.9%	0.16%
	ANSS	D	0.11%	0.34%	0.11%
	APD	B	0.25%	0.1%	0.1%
	AVTR	B	0.07%	0.12%	0.07%
	AVY	C	0.04%	0.11%	0.04%
	AXP	B	0.37%	0.84%	0.37%
	BAC	D	1.11%	1.14%	1.11%
	BALL	C	0.08%	0.12%	0.08%
	BBY	C	0.09%	0.32%	0.09%
	BG	D	0.06%	0.35%	0.06%
	BIIB	F	0.12%	0.13%	0.12%
	BK	B	0.2%	0.67%	0.2%
	BKR	C	0.14%	0.25%	0.14%
	BLK	B	0.53%	0.28%	0.28%
	BMY	C	0.41%	0.36%	0.36%
	BR	D	0.01%	0.71%	0.01%
	BRK.A	C	3.5%	1.17%	1.17%
	BXP	B	0.05%	0.12%	0.05%
	C	C	0.48%	0.59%	0.48%
	CAG	C	0.06%	0.11%	0.06%
	CAH	C	0.04%	0.31%	0.04%
	CARR	B	0.2%	0.42%	0.2%
	CAT	B	0.6%	0.7%	0.6%
	CB	B	0.46%	0.13%	0.13%
	CBOE	C	0.09%	0.11%	0.09%
	CBRE	A	0.14%	0.32%	0.14%
	CCI	C	0.2%	0.7%	0.2%
	CCK	A	0.04%	0.1%	0.04%
	CHD	D	0.1%	0.27%	0.1%
	CHRW	B	0.05%	0.38%	0.05%
	CI	C	0.37%	0.67%	0.37%
	CMCSA	D	0.62%	0.38%	0.38%
	CMI	C	0.17%	0.67%	0.17%
	CMS	C	0.08%	0.41%	0.08%
	CNC	D	0.17%	0.24%	0.17%
	CNH	D	0.04%	0.23%	0.04%
	COF	B	0.22%	0.14%	0.14%
	COP	D	0.54%	0.77%	0.54%
	CPB	C	0.04%	0.15%	0.04%
	CSCO	C	0.82%	0.9%	0.82%
	CVS	D	0.29%	0.1%	0.1%
	CVX	D	1.02%	1.14%	1.02%
	D	C	0.19%	0.29%	0.19%
	DAL	C	0.11%	0.22%	0.11%
	DD	B	0.14%	0.09%	0.09%
	DE	B	0.39%	0.44%	0.39%
	DFS	B	0.14%	0.35%	0.14%
	DG	F	0.07%	0.07%	0.07%
	DGX	B	0.07%	0.29%	0.07%
	DHI	B	0.22%	0.2%	0.2%
	DHR	B	0.72%	0.86%	0.72%
	DIS	D	0.67%	0.73%	0.67%
	DLR	B	0.2%	0.41%	0.2%
	DLTR	F	0.07%	0.07%	0.07%
	DOV	B	0.1%	0.1%	0.1%
	DOW	D	0.15%	0.12%	0.12%
	EA	D	0.16%	0.37%	0.16%
	ECL	B	0.03%	0.68%	0.03%
	ED	C	0.14%	0.27%	0.14%
	EIX	C	0.13%	0.29%	0.13%
	ELV	C	0.44%	0.94%	0.44%
	EQIX	C	0.3%	0.59%	0.3%
	EQT	D	0.07%	0.12%	0.07%
	ES	C	0.1%	0.26%	0.1%
	ETN	C	0.49%	0.25%	0.25%
	EXC	C	0.15%	0.37%	0.15%
	EXPD	C	0.06%	0.54%	0.06%
	FANG	D	0.14%	0.11%	0.11%
	FDS	C	0.04%	0.18%	0.04%
	FDX	C	0.27%	0.24%	0.24%
	FIS	B	0.19%	0.25%	0.19%
	FOX	B	0.02%	0.11%	0.02%
	FSLR	C	0.1%	0.13%	0.1%
	FTV	C	0.1%	0.27%	0.1%
	GEHC	C	0.13%	0.1%	0.1%
	GEV	B	0.22%	0.16%	0.16%
	GILD	B	0.4%	0.93%	0.4%
	GIS	B	0.16%	0.72%	0.16%
	GS	C	0.47%	0.71%	0.47%
	HBAN	B	0.09%	0.24%	0.09%
	HCA	B	0.23%	0.36%	0.23%
	HD	B	0.3%	1.99%	0.3%
	HIG	B	0.14%	0.48%	0.14%
	HII	D	0.04%	0.17%	0.04%
	HOLX	B	0.08%	0.15%	0.08%
	HON	D	0.46%	0.79%	0.46%
	HPE	D	0.1%	0.29%	0.1%
	HPQ	D	0.11%	0.15%	0.11%
	HRL	C	0.04%	0.13%	0.04%
	HUBB	B	0.09%	0.13%	0.09%
	HUM	F	0.17%	0.12%	0.12%
	IBM	B	0.74%	1.23%	0.74%
	ICE	C	0.37%	0.11%	0.11%
	IEX	D	0.06%	0.16%	0.06%
	IFF	B	0.11%	0.14%	0.11%
	INTC	F	0.38%	0.48%	0.38%
	IP	B	0.07%	0.14%	0.07%
	IPG	C	0.05%	0.1%	0.05%
	IR	C	0.15%	0.12%	0.12%
	IRM	C	0.06%	0.36%	0.06%
	ITW	C	0.19%	0.11%	0.11%
	J	C	0.08%	0.23%	0.08%
	JBHT	D	0.06%	0.16%	0.06%
	JCI	B	0.17%	0.34%	0.17%
	JNJ	C	1.61%	1.58%	1.58%
	JNPR	B	0.05%	0.13%	0.05%
	JPM	D	2.59%	2.43%	2.43%
	K	B	0.08%	0.92%	0.08%
	KDP	B	0.16%	0.26%	0.16%
	KEYS	C	0.11%	0.35%	0.11%
	KHC	C	0.13%	0.31%	0.13%
	KMB	D	0.11%	0.39%	0.11%
	KMI	B	0.17%	0.63%	0.17%
	KMX	D	0.05%	0.09%	0.05%
	KO	C	0.48%	1.96%	0.48%
	KR	C	0.14%	0.41%	0.14%
	LDOS	B	0.09%	0.11%	0.09%
	LIN	B	0.92%	0.53%	0.53%
	LKQ	F	0.04%	0.43%	0.04%
	LOW	B	0.57%	0.75%	0.57%
	LYB	D	0.1%	0.09%	0.09%
	MCD	B	0.78%	0.66%	0.66%
	MDLZ	B	0.39%	0.1%	0.1%
	MET	B	0.19%	0.5%	0.19%
	MKC	C	0.08%	0.16%	0.08%
	MKTX	C	0.04%	0.11%	0.04%
	MMC	C	0.39%	0.26%	0.26%
	MMM	B	0.24%	0.64%	0.24%
	MRO	C	0.07%	0.17%	0.07%
	MS	D	0.45%	0.82%	0.45%
	MU	F	0.43%	0.4%	0.4%
	NDAQ	A	0.12%	0.35%	0.12%
	NEE	C	0.66%	0.92%	0.66%
	NEM	B	0.25%	0.36%	0.25%
	NI	B	0.06%	0.63%	0.06%
	NKE	D	0.15%	0.1%	0.1%
	NOC	B	0.29%	0.44%	0.29%
	NTAP	D	0.06%	0.09%	0.06%
	NTRS	A	0.07%	0.14%	0.07%
	NUE	F	0.15%	0.25%	0.15%
	OC	D	0.06%	0.18%	0.06%
	OKE	B	0.22%	0.64%	0.22%
	OVV	F	0.05%	0.35%	0.05%
	PAYX	C	0.11%	0.12%	0.11%
	PEG	B	0.16%	0.92%	0.16%
	PEP	C	0.2%	0.98%	0.2%
	PFE	C	0.66%	0.66%	0.66%
	PFG	B	0.08%	0.12%	0.08%
	PG	C	1.26%	1.58%	1.26%
	PGR	B	0.09%	0.4%	0.09%
	PHM	B	0.11%	0.14%	0.11%
	PLD	C	0.47%	0.35%	0.35%
	PNC	B	0.29%	0.55%	0.29%
	PNR	B	0.06%	0.57%	0.06%
	PPG	D	0.12%	0.36%	0.12%
	PRU	C	0.17%	0.98%	0.17%
	PSA	B	0.18%	0.11%	0.11%
	PSX	F	0.24%	0.33%	0.24%
	PYPL	B	0.3%	0.2%	0.2%
	QCOM	D	0.05%	0.66%	0.05%
	REGN	C	0.46%	0.33%	0.33%
	RMD	C	0.1%	0.1%	0.1%
	ROK	D	0.11%	0.13%	0.11%
	RTX	C	0.66%	0.81%	0.66%
	SBUX	C	0.1%	0.38%	0.1%
	SCHW	D	0.35%	0.31%	0.31%
	SLB	F	0.25%	0.27%	0.25%
	SOLV	C	0.04%	0.12%	0.04%
	SPGI	B	0.64%	0.7%	0.64%
	STE	C	0.1%	0.35%	0.1%
	STLD	F	0.07%	0.09%	0.07%
	STT	A	0.11%	0.16%	0.11%
	STZ	D	0.15%	0.11%	0.11%
	SYF	C	0.08%	0.36%	0.08%
	SYY	D	0.06%	0.1%	0.06%
	T	C	0.57%	0.37%	0.37%
	TAP	D	0.04%	0.31%	0.04%
	TFC	C	0.24%	0.22%	0.22%
	TFX	C	0.05%	0.2%	0.05%
	TGT	C	0.29%	0.43%	0.29%
	TJX	B	0.22%	0.18%	0.18%
	TMO	B	0.94%	0.14%	0.14%
	TRMB	C	0.06%	0.16%	0.06%
	TRV	C	0.21%	0.44%	0.21%
	TTC	D	0.04%	0.09%	0.04%
	TWLO	D	0.04%	0.1%	0.04%
	TXN	C	0.69%	1.5%	0.69%
	ULTA	D	0.01%	0.11%	0.01%
	UNH	C	2.03%	2.16%	2.03%
	UPS	D	0.38%	0.32%	0.32%
	URI	B	0.15%	0.25%	0.15%
	USB	B	0.3%	0.26%	0.26%
	VLO	F	0.19%	0.23%	0.19%
	VZ	B	0.71%	0.87%	0.71%
	WDC	D	0.09%	0.12%	0.09%
	WELL	C	0.29%	0.45%	0.29%
	WFC	D	0.82%	0.21%	0.21%
	WMB	B	0.22%	0.13%	0.13%
	WTRG	D	0.04%	0.21%	0.04%
	WTW	C	0.12%	0.13%	0.12%
	WY	C	0.09%	0.28%	0.09%
	XOM	C	2.12%	1.48%	1.48%
	XYL	C	0.13%	0.45%	0.13%
	ZBH	F	0.09%	0.22%	0.09%
	ZTS	C	0.06%	0.48%	0.06%

VONV Overweight 622 Positions Relative to EVUS

	Symbol	Grade	Weight
	WMT	C	1.35%
	PM	C	0.77%
	GE	B	0.6%
	BSX	B	0.48%
	MDT	C	0.47%
	TMUS	C	0.39%
	SO	B	0.38%
	SYK	C	0.37%
	MO	C	0.37%
	DUK	C	0.35%
	BA	F	0.34%
	AMD	D	0.33%
	UNP	C	0.33%
	GD	B	0.33%
	LMT	C	0.33%
	PH	B	0.31%
	EOG	D	0.3%
	BDX	D	0.28%
	CSX	D	0.27%
	AON	B	0.27%
	VRTX	D	0.26%
	MPC	F	0.25%
	FCX	D	0.25%
	AJG	D	0.24%
	ROP	C	0.24%
	KKR	B	0.24%
	TDG	B	0.24%
	MRVL	C	0.24%
	EMR	D	0.24%
	GM	C	0.23%
	NSC	C	0.23%
	TT	B	0.22%
	MAR	C	0.22%
	AIG	D	0.21%
	SRE	C	0.21%
	CEG	C	0.21%
	AEP	C	0.21%
	O	C	0.21%
	PCAR	D	0.2%
	F	F	0.18%
	LEN	B	0.18%
	LHX	C	0.18%
	ALL	B	0.17%
	MCK	F	0.17%
	KVUE	C	0.17%
	PCG	C	0.17%
	RSG	D	0.17%
	MCHP	F	0.17%
	CTSH	C	0.16%
	CL	D	0.16%
	AME	C	0.16%
	CTVA	B	0.16%
	IQV	C	0.16%
	SPG	B	0.16%
	HWM	B	0.15%
	EXR	B	0.15%
	OXY	F	0.15%
	ROST	C	0.15%
	MSI	B	0.15%
	OTIS	C	0.15%
	EW	F	0.14%
	XEL	B	0.14%
	VICI	C	0.14%
	CRM	D	0.14%
	CSGP	D	0.13%
	AVB	B	0.13%
	GLW	C	0.13%
	CHTR	D	0.13%
	APH	D	0.13%
	ON	D	0.13%
	FITB	B	0.12%
	WEC	C	0.12%
	WAB	B	0.12%
	EBAY	B	0.12%
	EFX	B	0.12%
	MTD	D	0.12%
	MLM	D	0.12%
	HLT	B	0.11%
	TTWO	C	0.11%
	NVR	B	0.11%
	HAL	F	0.11%
	PWR	B	0.11%
	AWK	B	0.11%
	DVN	F	0.11%
	GPN	D	0.11%
	EQR	B	0.11%
	GRMN	D	0.11%
	MTB	B	0.11%
	VMC	D	0.1%
	DELL	D	0.1%
	SBAC	C	0.1%
	FCNCA	D	0.1%
	HSY	C	0.1%
	MRNA	F	0.1%
	VTR	C	0.1%
	FE	C	0.1%
	RCL	B	0.1%
	ETR	B	0.1%
	DTE	C	0.1%
	SQ	D	0.09%
	RF	B	0.09%
	AEE	C	0.09%
	INVH	C	0.09%
	RJF	C	0.09%
	TROW	D	0.09%
	YUM	D	0.09%
	PPL	C	0.09%
	MSCI	C	0.08%
	MAA	B	0.08%
	BLDR	C	0.08%
	WBD	D	0.08%
	ESS	B	0.08%
	BAX	C	0.08%
	OMC	B	0.08%
	MSTR	D	0.08%
	APTV	D	0.08%
	ATO	B	0.08%
	CFG	C	0.08%
	GPC	D	0.08%
	TDY	B	0.08%
	ARE	C	0.08%
	LNG	C	0.08%
	ILMN	C	0.08%
	CINF	B	0.08%
	RS	D	0.07%
	WSO	C	0.07%
	AMCR	B	0.07%
	CCL	C	0.07%
	SUI	B	0.07%
	ZM	C	0.07%
	BMRN	F	0.07%
	LUV	C	0.07%
	CNP	C	0.07%
	TXT	D	0.07%
	CSL	B	0.07%
	MAS	B	0.07%
	SWKS	D	0.07%
	TRU	B	0.07%
	CTRA	D	0.07%
	TSN	C	0.07%
	WRB	C	0.07%
	PKG	B	0.07%
	UHS	B	0.06%
	ZBRA	B	0.06%
	GGG	C	0.06%
	BRO	C	0.06%
	EG	C	0.06%
	VTRS	D	0.06%
	UAL	C	0.06%
	RGA	C	0.06%
	NDSN	C	0.06%
	UDR	C	0.06%
	SNA	C	0.06%
	L	C	0.06%
	VRSN	D	0.06%
	TOL	B	0.06%
	LNT	B	0.06%
	CDW	D	0.06%
	APO	C	0.06%
	VLTO	C	0.06%
	FNF	B	0.06%
	KIM	C	0.06%
	CF	C	0.06%
	MKL	C	0.06%
	SWK	B	0.06%
	RBA	B	0.06%
	KEY	B	0.06%
	DOC	C	0.06%
	UTHR	C	0.06%
	THC	A	0.06%
	SSNC	B	0.06%
	NVT	D	0.05%
	RPRX	C	0.05%
	RPM	B	0.05%
	INCY	C	0.05%
	ITT	B	0.05%
	BLD	D	0.05%
	TECH	C	0.05%
	FTI	D	0.05%
	EWBC	D	0.05%
	CUBE	B	0.05%
	RIVN	F	0.05%
	JBL	D	0.05%
	SJM	C	0.05%
	FFIV	B	0.05%
	EMN	B	0.05%
	CW	B	0.05%
	SW	B	0.05%
	AES	C	0.05%
	DKS	D	0.05%
	HST	C	0.05%
	JKHY	B	0.05%
	CLH	A	0.05%
	CPT	B	0.05%
	WPC	C	0.05%
	EVRG	B	0.05%
	RNR	C	0.05%
	AMAT	D	0.05%
	REG	C	0.05%
	HOOD	C	0.05%
	IBKR	B	0.05%
	ELS	C	0.05%
	AMH	C	0.05%
	EL	F	0.05%
	GLPI	C	0.05%
	USFD	B	0.05%
	ACM	B	0.05%
	HES	F	0.05%
	DCI	C	0.04%
	SF	A	0.04%
	WAL	B	0.04%
	CG	D	0.04%
	EVR	A	0.04%
	INGR	B	0.04%
	NYT	C	0.04%
	DRI	B	0.04%
	EGP	B	0.04%
	FTNT	C	0.04%
	WST	D	0.04%
	HSIC	C	0.04%
	ORI	B	0.04%
	FHN	D	0.04%
	GPK	B	0.04%
	PRI	B	0.04%
	SNX	D	0.04%
	MOS	F	0.04%
	MGM	F	0.04%
	CHRD	F	0.04%
	EHC	C	0.04%
	RGLD	C	0.04%
	DPZ	F	0.04%
	TPR	C	0.04%
	FRT	C	0.04%
	AFG	B	0.04%
	ARMK	B	0.04%
	GL	C	0.04%
	OHI	B	0.04%
	PFGC	B	0.04%
	CHK	D	0.04%
	MTCH	C	0.04%
	FOXA	B	0.04%
	WWD	D	0.04%
	TTEK	C	0.04%
	PNW	C	0.04%
	DOX	C	0.04%
	AFRM	C	0.04%
	AOS	D	0.04%
	CRL	F	0.04%
	QGEN	C	0.04%
	ATR	B	0.04%
	ALLY	F	0.04%
	COHR	C	0.04%
	APA	F	0.04%
	CVNA	B	0.04%
	EPAM	F	0.04%
	BJ	D	0.04%
	UNM	B	0.04%
	ALB	D	0.04%
	NRG	C	0.04%
	CACI	B	0.04%
	NWSA	D	0.04%
	CE	F	0.04%
	REXR	C	0.04%
	NTNX	C	0.04%
	CTLT	B	0.04%
	EME	B	0.04%
	CASY	D	0.04%
	RRX	C	0.04%
	QRVO	F	0.04%
	SCI	B	0.04%
	IVZ	B	0.03%
	R	A	0.03%
	GME	F	0.03%
	PARA	F	0.03%
	VFC	C	0.03%
	FAF	B	0.03%
	RHI	D	0.03%
	FICO	B	0.03%
	AAL	D	0.03%
	WMS	D	0.03%
	LSTR	D	0.03%
	MAT	C	0.03%
	BIO	C	0.03%
	FLS	D	0.03%
	CGNX	F	0.03%
	BPOP	C	0.03%
	Z	B	0.03%
	LEA	F	0.03%
	RL	C	0.03%
	PB	B	0.03%
	CFR	C	0.03%
	DAR	F	0.03%
	WBA	F	0.03%
	LFUS	C	0.03%
	GWRE	A	0.03%
	SAIC	C	0.03%
	SNV	C	0.03%
	OKTA	F	0.03%
	XP	D	0.03%
	MSA	D	0.03%
	MTG	B	0.03%
	EXAS	C	0.03%
	SEIC	C	0.03%
	BFAM	C	0.03%
	G	C	0.03%
	BBWI	F	0.03%
	SOFI	C	0.03%
	KEX	C	0.03%
	WSM	D	0.03%
	SWN	D	0.03%
	NOV	F	0.03%
	SSD	D	0.03%
	OSK	F	0.03%
	PR	F	0.03%
	JAZZ	D	0.03%
	FYBR	C	0.03%
	HRB	C	0.03%
	WTFC	B	0.03%
	RRC	D	0.03%
	MTZ	B	0.03%
	AGNC	B	0.03%
	CROX	D	0.03%
	MNST	D	0.03%
	ZION	D	0.03%
	VOYA	B	0.03%
	RGEN	F	0.03%
	WCC	D	0.03%
	WEX	C	0.03%
	ADC	C	0.03%
	GNTX	F	0.03%
	WYNN	D	0.03%
	ROKU	C	0.03%
	ARW	C	0.03%
	BRBR	C	0.03%
	HLI	B	0.03%
	STAG	C	0.03%
	ALGN	D	0.03%
	ACHC	C	0.03%
	BWXT	D	0.03%
	FR	B	0.03%
	MKSI	F	0.03%
	MIDD	D	0.03%
	FND	C	0.03%
	MOH	D	0.03%
	PNFP	B	0.03%
	CRBG	D	0.03%
	CMA	B	0.03%
	DAY	D	0.03%
	ELAN	D	0.03%
	CBSH	C	0.03%
	DTM	B	0.03%
	LECO	F	0.03%
	SHW	B	0.03%
	CR	C	0.03%
	JEF	B	0.03%
	ONTO	D	0.03%
	CHE	C	0.03%
	AR	F	0.03%
	BWA	D	0.03%
	CRUS	D	0.03%
	AYI	B	0.03%
	ATI	C	0.03%
	OGE	C	0.03%
	COKE	C	0.03%
	DINO	F	0.03%
	WAT	C	0.03%
	BERY	B	0.03%
	AXTA	B	0.03%
	FCN	D	0.03%
	FMC	C	0.03%
	AA	D	0.03%
	TKO	B	0.03%
	APG	D	0.03%
	WBS	D	0.03%
	CZR	C	0.03%
	ALSN	B	0.03%
	BKNG	C	0.03%
	GMED	D	0.03%
	LAD	D	0.03%
	LAMR	B	0.03%
	KNX	C	0.03%
	ACI	F	0.03%
	BRX	B	0.03%
	MHK	C	0.03%
	COLD	D	0.03%
	CIEN	C	0.03%
	TW	B	0.03%
	JLL	B	0.03%
	PTC	D	0.03%
	KBR	D	0.03%
	SKX	D	0.03%
	X	F	0.03%
	RBC	C	0.03%
	NNN	C	0.03%
	TYL	C	0.02%
	DXC	C	0.02%
	MSM	D	0.02%
	KMPR	D	0.02%
	LITE	B	0.02%
	NEU	D	0.02%
	LSXMK	D	0.02%
	W	D	0.02%
	IAC	C	0.02%
	PRGO	D	0.02%
	AMP	A	0.02%
	SITE	C	0.02%
	CPRI	D	0.02%
	DOCS	B	0.02%
	CLF	F	0.02%
	BYD	C	0.02%
	UHAL	A	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	BILL	D	0.02%
	KRC	B	0.02%
	AGO	C	0.02%
	M	F	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	SLGN	B	0.02%
	FLO	C	0.02%
	DBX	D	0.02%
	PSN	B	0.02%
	PII	D	0.02%
	CIVI	F	0.02%
	OLED	C	0.02%
	ASH	D	0.02%
	GAP	F	0.02%
	HOG	C	0.02%
	ALK	C	0.02%
	S	C	0.02%
	RYN	C	0.02%
	GFS	F	0.02%
	AN	D	0.02%
	OZK	D	0.02%
	WTM	D	0.02%
	EEFT	D	0.02%
	GNRC	D	0.02%
	ZG	B	0.02%
	AZO	D	0.02%
	AL	D	0.02%
	SEE	D	0.02%
	SLM	D	0.02%
	WLK	D	0.02%
	JHG	B	0.02%
	AVT	C	0.02%
	WSC	D	0.02%
	SN	B	0.02%
	IDA	C	0.02%
	ORLY	C	0.02%
	OLN	D	0.02%
	MDU	C	0.02%
	XRAY	D	0.02%
	HXL	F	0.02%
	THG	B	0.02%
	COLB	B	0.02%
	UGI	C	0.02%
	WHR	D	0.02%
	FNB	C	0.02%
	BC	C	0.02%
	KD	D	0.02%
	VNT	F	0.02%
	NFG	B	0.02%
	THO	D	0.02%
	TKR	D	0.02%
	OLLI	C	0.02%
	SRCL	A	0.02%
	LBRDK	F	0.02%
	LNC	D	0.02%
	SON	C	0.02%
	AMG	C	0.02%
	OMF	D	0.02%
	GWW	B	0.02%
	WH	B	0.02%
	PVH	F	0.02%
	AGCO	D	0.02%
	DASH	C	0.02%
	H	C	0.02%
	VMI	D	0.02%
	POST	C	0.02%
	BEN	F	0.02%
	OGN	D	0.02%
	ST	D	0.02%
	COIN	F	0.02%
	GXO	D	0.02%
	ESAB	C	0.02%
	RLI	B	0.02%
	ESI	D	0.02%
	VNO	B	0.02%
	LW	D	0.02%
	MTSI	D	0.02%
	FAST	C	0.02%
	MTDR	F	0.02%
	STWD	B	0.02%
	AXS	B	0.02%
	SNDR	B	0.01%
	LYFT	D	0.01%
	CERT	F	0.01%
	WEN	C	0.01%
	TRIP	F	0.01%
	INFA	D	0.01%
	LEG	D	0.01%
	MP	D	0.01%
	UAA	C	0.01%
	REYN	C	0.01%
	BROS	D	0.01%
	PPC	D	0.01%
	LEN	B	0.01%
	AZEK	C	0.01%
	GO	F	0.01%
	ALGM	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	TER	D	0.01%
	LPX	B	0.01%
	PSTG	F	0.01%
	SHC	C	0.01%
	IPGP	F	0.01%
	SAM	F	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	GLOB	D	0.01%
	ADTN	D	0.01%
	HAYW	C	0.01%
	EXP	B	0.01%
	KSS	F	0.01%
	RCM	C	0.01%
	ETSY	F	0.01%
	JWN	C	0.01%
	HHH	C	0.01%
	CRI	D	0.01%
	BOKF	B	0.01%
	YETI	D	0.01%
	PINC	C	0.01%
	MASI	F	0.01%
	AGR	B	0.01%
	VIRT	C	0.01%
	ENOV	D	0.01%
	CWEN	C	0.01%
	BRKR	D	0.01%
	VAC	F	0.01%
	MPW	C	0.01%
	AAP	F	0.01%
	CC	F	0.01%
	COLM	C	0.01%
	AZTA	F	0.01%
	U	D	0.01%
	RKT	C	0.01%
	CNM	F	0.01%
	SPB	C	0.01%
	CLVT	D	0.01%
	PENN	D	0.01%
	IRDM	D	0.01%
	BHF	F	0.01%
	LOPE	D	0.01%
	CACC	F	0.01%
	NWL	C	0.01%
	SMG	C	0.01%
	RH	B	0.01%
	TNL	D	0.01%
	PAYC	D	0.01%
	ZI	D	0.01%
	FHB	D	0.01%
	AM	C	0.01%
	AMED	C	0.01%
	PAG	D	0.01%
	NVST	D	0.01%
	CPRT	D	0.01%
	PK	D	0.01%
	TPG	B	0.01%
	PLNT	B	0.01%
	NXST	D	0.01%
	NWS	D	0.01%
	NSA	B	0.01%
	HIW	B	0.01%
	WU	F	0.01%
	MAN	C	0.01%
	EPR	B	0.01%
	CTAS	B	0.01%
	MSGS	B	0.01%
	LCID	C	0.01%
	SPR	D	0.01%
	CNXC	F	0.01%
	HUN	D	0.01%
	DNB	C	0.01%
	AWI	B	0.01%
	COTY	F	0.01%
	ALNY	C	0.01%
	AMKR	F	0.01%
	GTES	C	0.01%
	UHAL	A	0.0%
	SEG	C	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	UI	B	0.0%
	IONS	F	0.0%
	LBRDA	F	0.0%
	PLTK	C	0.0%
	CHH	C	0.0%
	CACC	F	0.0%
	SIRI	C	0.0%
	TFSL	C	0.0%
	PATH	D	0.0%
	HCP	B	0.0%
	CWEN	C	0.0%
	SEB	D	0.0%
	TXG	D	0.0%
	FIVE	D	0.0%
	CAR	F	0.0%
	LSCC	D	0.0%
	PYCR	D	0.0%
	NCNO	D	0.0%
	DDS	F	0.0%
	AMC	F	0.0%
	MTN	D	0.0%
	CNA	C	0.0%
	HAS	B	0.0%
	UA	D	0.0%
	WOLF	F	0.0%
	EXEL	C	0.0%
	DV	F	0.0%

VONV Underweight 17 Positions Relative to EVUS

	Symbol	Grade	Weight
	AVGO	C	-3.03%
	ORCL	C	-1.16%
	AMT	C	-0.72%
	CRH	B	-0.68%
	MRK	D	-0.64%
	NXPI	F	-0.56%
	COR	D	-0.5%
	CLX	C	-0.44%
	FERG	D	-0.42%
	COO	B	-0.35%
	FI	A	-0.32%
	FLUT	B	-0.31%
	FBIN	B	-0.27%
	TSCO	C	-0.25%
	LH	C	-0.21%
	AZPN	B	-0.1%
	GEN	B	-0.1%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Oil & Gas E&P Software - Application Asset Management Semiconductors Business Services Specialty Retail Biotechnology Capital Markets Packaged Foods Specialty Chemicals Diagnostics & Research 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 Beverage Biotechnology Dow Jones Component Plastic

EVUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Drug Manufacturers - Major Packaged Foods Business Services Capital Markets Health Care Plans Semiconductors Specialty Chemicals Credit Services Diagnostics & Research Integrated Shipping & Logistics Medical Instruments & Supplies Oil & Gas E&P Software - Application Utilities - Regulated Electric Asset Management Banks - Global Banks - Regional - US Household & Personal Products Insurance - Diversified

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Insurance Computing Bank Banking Chemical Electronics Mining Beverage Electricity Medicine Telecommunications Aerospace Disability Investment Bank Building Materials Financial Products