VONV vs. FIDU ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Fidelity MSCI Industrials Index ETF (FIDU)

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 1000Â® 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

FIDU

Fidelity MSCI Industrials Index ETF

FIDU Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$76.55

Average Daily Volume

56,446

Number of Holdings ^*

346

* may have additional holdings in another (foreign) market

Performance

Period	VONV	FIDU
30 Days	3.51%	5.44%
60 Days	4.96%	7.15%
90 Days	7.00%	10.61%
12 Months	29.73%	37.21%

145 Overlapping Holdings

Symbol	Grade	Weight in VONV	Weight in FIDU	Overlap
AAL	B	0.03%	0.04%	0.03%
ACM	A	0.06%	0.27%	0.06%
ADP	B	0.03%	2.21%	0.03%
AGCO	D	0.02%	0.1%	0.02%
AL	B	0.02%	0.09%	0.02%
ALK	C	0.02%	0.03%	0.02%
ALLE	D	0.05%	0.22%	0.05%
ALSN	B	0.04%	0.18%	0.04%
AME	A	0.17%	0.79%	0.17%
AOS	F	0.04%	0.16%	0.04%
APG	B	0.03%	0.13%	0.03%
AWI	A	0.02%	0.12%	0.02%
AYI	B	0.04%	0.18%	0.04%
AZEK	A	0.01%	0.12%	0.01%
BA	F	0.34%	1.79%	0.34%
BLDR	D	0.07%	0.39%	0.07%
BR	A	0.01%	0.48%	0.01%
BWXT	B	0.04%	0.21%	0.04%
CACI	D	0.05%	0.21%	0.05%
CAR	C	0.0%	0.03%	0.0%
CARR	D	0.2%	1.09%	0.2%
CAT	B	0.63%	3.33%	0.63%
CHRW	C	0.05%	0.23%	0.05%
CLH	B	0.05%	0.23%	0.05%
CLVT	F	0.01%	0.03%	0.01%
CMI	A	0.18%	0.88%	0.18%
CNH	C	0.04%	0.16%	0.04%
CNM	D	0.01%	0.14%	0.01%
CNXC	F	0.01%	0.03%	0.01%
CPRT	A	0.01%	0.88%	0.01%
CR	A	0.03%	0.15%	0.03%
CSL	C	0.07%	0.38%	0.07%
CSX	B	0.26%	1.25%	0.26%
CTAS	B	0.01%	1.44%	0.01%
CW	B	0.05%	0.26%	0.05%
DAL	C	0.15%	0.18%	0.15%
DAY	B	0.04%	0.21%	0.04%
DCI	B	0.04%	0.16%	0.04%
DE	A	0.41%	1.79%	0.41%
DNB	B	0.01%	0.06%	0.01%
DOV	A	0.1%	0.49%	0.1%
EFX	F	0.1%	0.58%	0.1%
EME	C	0.05%	0.41%	0.05%
EMR	A	0.25%	1.31%	0.25%
ESAB	B	0.03%	0.13%	0.03%
ETN	A	0.53%	2.6%	0.53%
EXPD	D	0.06%	0.3%	0.06%
FAST	B	0.03%	0.84%	0.03%
FBIN	D	0.04%	0.17%	0.04%
FCN	D	0.03%	0.13%	0.03%
FDX	B	0.25%	1.19%	0.25%
FLS	B	0.03%	0.14%	0.03%
FTV	C	0.1%	0.47%	0.1%
GD	F	0.32%	1.29%	0.32%
GE	D	0.59%	3.53%	0.59%
GEV	B	0.33%	1.6%	0.33%
GGG	B	0.05%	0.26%	0.05%
GNRC	B	0.02%	0.2%	0.02%
GTES	A	0.02%	0.07%	0.02%
GWW	B	0.02%	0.93%	0.02%
GXO	B	0.03%	0.13%	0.03%
HAYW	B	0.01%	0.04%	0.01%
HII	D	0.03%	0.14%	0.03%
HON	B	0.45%	2.67%	0.45%
HUBB	B	0.09%	0.43%	0.09%
HWM	A	0.15%	0.79%	0.15%
HXL	D	0.02%	0.09%	0.02%
IEX	B	0.07%	0.31%	0.07%
IR	B	0.15%	0.74%	0.15%
ITT	A	0.05%	0.22%	0.05%
ITW	B	0.19%	1.43%	0.19%
J	F	0.07%	0.33%	0.07%
JBHT	C	0.06%	0.27%	0.06%
JCI	C	0.17%	1.01%	0.17%
KBR	F	0.03%	0.16%	0.03%
KEX	C	0.03%	0.03%	0.03%
KNX	B	0.03%	0.16%	0.03%
LDOS	C	0.1%	0.44%	0.1%
LECO	B	0.03%	0.21%	0.03%
LHX	C	0.19%	0.87%	0.19%
LMT	D	0.32%	2.12%	0.32%
LSTR	D	0.03%	0.12%	0.03%
LUV	C	0.07%	0.09%	0.07%
LYFT	C	0.01%	0.12%	0.01%
MAN	D	0.01%	0.05%	0.01%
MAS	D	0.07%	0.31%	0.07%
MIDD	C	0.03%	0.13%	0.03%
MMM	D	0.23%	1.28%	0.23%
MSA	D	0.02%	0.12%	0.02%
MSM	C	0.01%	0.07%	0.01%
MTZ	B	0.03%	0.16%	0.03%
NDSN	B	0.06%	0.25%	0.06%
NOC	D	0.28%	1.29%	0.28%
NSC	B	0.23%	1.07%	0.23%
NVT	B	0.05%	0.22%	0.05%
OC	A	0.06%	0.3%	0.06%
OSK	B	0.03%	0.13%	0.03%
OTIS	C	0.16%	0.71%	0.16%
PAYC	B	0.02%	0.2%	0.02%
PAYX	C	0.11%	0.83%	0.11%
PCAR	B	0.21%	1.08%	0.21%
PH	A	0.32%	1.6%	0.32%
PNR	A	0.07%	0.31%	0.07%
PSN	D	0.02%	0.09%	0.02%
PWR	A	0.12%	0.84%	0.12%
PYCR	C	0.0%	0.03%	0.0%
R	B	0.02%	0.13%	0.02%
RBC	A	0.03%	0.15%	0.03%
RHI	B	0.03%	0.14%	0.03%
ROK	B	0.11%	0.57%	0.11%
RRX	B	0.04%	0.2%	0.04%
RSG	A	0.16%	0.83%	0.16%
RTX	C	0.64%	2.89%	0.64%
SAIA	B	0.02%	0.25%	0.02%
SAIC	F	0.03%	0.13%	0.03%
SITE	D	0.02%	0.11%	0.02%
SNA	A	0.07%	0.33%	0.07%
SNDR	B	0.01%	0.03%	0.01%
SPR	D	0.01%	0.06%	0.01%
SSD	D	0.03%	0.14%	0.03%
SSNC	B	0.06%	0.29%	0.06%
ST	F	0.02%	0.09%	0.02%
SWK	D	0.06%	0.23%	0.06%
TDG	D	0.23%	1.34%	0.23%
TKR	D	0.02%	0.09%	0.02%
TRU	D	0.07%	0.35%	0.07%
TT	A	0.22%	1.65%	0.22%
TTC	D	0.03%	0.15%	0.03%
TTEK	F	0.04%	0.22%	0.04%
TXT	D	0.06%	0.29%	0.06%
UHAL	D	0.0%	0.11%	0.0%
UHAL	D	0.02%	0.11%	0.02%
UNP	C	0.3%	2.58%	0.3%
UPS	C	0.39%	1.71%	0.39%
URI	B	0.16%	1.0%	0.16%
VLTO	D	0.06%	0.45%	0.06%
VMI	B	0.02%	0.12%	0.02%
VSTS	C	0.01%	0.03%	0.01%
WAB	B	0.13%	0.62%	0.13%
WCC	B	0.03%	0.18%	0.03%
WMS	D	0.03%	0.16%	0.03%
WSC	D	0.02%	0.12%	0.02%
WSO	A	0.07%	0.33%	0.07%
WWD	B	0.04%	0.19%	0.04%
XYL	D	0.12%	0.53%	0.12%

VONV Overweight 697 Positions Relative to FIDU

Symbol	Grade	Weight
BRK.A	B	3.3%
JPM	A	2.55%
XOM	B	2.1%
UNH	C	1.94%
JNJ	D	1.54%
WMT	A	1.42%
PG	A	1.21%
BAC	A	1.14%
CVX	A	1.03%
WFC	A	0.91%
CSCO	B	0.89%
LIN	D	0.88%
ACN	C	0.87%
TMO	F	0.84%
PM	B	0.83%
ABBV	D	0.82%
MCD	D	0.79%
ABT	B	0.78%
IBM	C	0.76%
DIS	B	0.71%
VZ	C	0.71%
CMCSA	B	0.67%
T	A	0.65%
TXN	C	0.65%
NEE	D	0.65%
PFE	D	0.64%
DHR	F	0.63%
LOW	D	0.6%
SPGI	C	0.6%
BLK	C	0.58%
MS	A	0.51%
COP	C	0.51%
C	A	0.49%
BSX	B	0.49%
GS	A	0.48%
CB	C	0.46%
MDT	D	0.46%
BMY	B	0.45%
MU	D	0.44%
ADI	D	0.44%
GILD	C	0.44%
TMUS	B	0.43%
KO	D	0.43%
PLD	D	0.42%
SO	D	0.4%
AXP	A	0.38%
SCHW	B	0.38%
MDLZ	F	0.37%
INTC	D	0.37%
MMC	B	0.37%
MO	A	0.37%
DUK	C	0.36%
SYK	C	0.36%
ICE	C	0.35%
WELL	A	0.33%
EQIX	A	0.33%
AMD	F	0.32%
HD	A	0.32%
ELV	F	0.32%
CI	F	0.32%
REGN	F	0.32%
CME	A	0.32%
PYPL	B	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%
TGT	F	0.28%
CEG	D	0.28%
EOG	A	0.28%
KKR	A	0.27%
BDX	F	0.27%
FCX	D	0.26%
VRTX	F	0.25%
COF	B	0.25%
MRVL	B	0.25%
WMB	A	0.25%
MAR	B	0.24%
AJG	B	0.23%
OKE	A	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%
BK	A	0.22%
TRV	B	0.22%
MPC	D	0.21%
O	D	0.21%
AEP	D	0.21%
TJX	A	0.21%
NEM	D	0.21%
SRE	A	0.21%
AIG	B	0.2%
D	C	0.2%
DHI	D	0.2%
FIS	C	0.2%
PSX	C	0.2%
HCA	F	0.2%
CCI	D	0.19%
KMI	A	0.19%
PEP	F	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%
VLO	C	0.17%
CRM	B	0.17%
CTVA	C	0.17%
PCG	A	0.17%
MSI	B	0.16%
MCHP	D	0.16%
EXC	C	0.16%
CBRE	B	0.16%
EA	A	0.16%
F	C	0.16%
LEN	D	0.16%
SPG	B	0.16%
GLW	B	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%
XEL	A	0.15%
AMGN	D	0.15%
GIS	D	0.15%
BKR	B	0.15%
A	D	0.15%
NUE	C	0.14%
EXR	D	0.14%
CL	D	0.14%
MLM	B	0.14%
DD	D	0.14%
DOW	F	0.14%
GEHC	F	0.14%
ED	D	0.14%
ROST	C	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%
ETR	B	0.13%
APH	A	0.13%
VICI	C	0.13%
FANG	D	0.13%
OXY	D	0.13%
PPG	F	0.12%
EBAY	D	0.12%
CSGP	D	0.12%
KHC	F	0.12%
FITB	A	0.12%
WEC	A	0.12%
ON	D	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%
HPQ	B	0.11%
GPN	B	0.11%
VTR	C	0.11%
EQR	B	0.11%
KMB	D	0.11%
SW	A	0.11%
PHM	D	0.11%
VMC	B	0.11%
AWK	D	0.11%
MTD	D	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%
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%
SBUX	A	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%
DTE	C	0.1%
KEYS	A	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%
HSY	F	0.09%
PGR	A	0.09%
HBAN	A	0.09%
CBOE	B	0.09%
LYB	F	0.09%
WY	D	0.09%
YUM	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%
LH	C	0.08%
INVH	D	0.08%
IP	B	0.08%
ARE	D	0.08%
STLD	B	0.08%
BBY	D	0.08%
OMC	C	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%
UTHR	C	0.07%
RS	B	0.07%
SUI	D	0.07%
TSN	B	0.07%
WRB	A	0.07%
DGX	A	0.07%
CVNA	B	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%
HOLX	D	0.07%
MSCI	C	0.07%
CNP	B	0.07%
VTRS	A	0.06%
CAG	D	0.06%
UDR	B	0.06%
RGA	A	0.06%
BRO	B	0.06%
VRSN	F	0.06%
SWKS	F	0.06%
USFD	A	0.06%
L	A	0.06%
SYY	B	0.06%
ZTS	D	0.06%
RVTY	F	0.06%
TRMB	B	0.06%
THC	D	0.06%
TOL	B	0.06%
CF	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%
MRO	B	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%
GEN	B	0.06%
KEY	B	0.06%
GPC	D	0.06%
AMCR	D	0.06%
IBKR	A	0.06%
QCOM	F	0.05%
FTI	A	0.05%
TECH	D	0.05%
SCI	B	0.05%
AES	F	0.05%
SJM	D	0.05%
UHS	D	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%
COHR	B	0.05%
AMAT	F	0.05%
EMN	D	0.05%
JBL	B	0.05%
BMRN	D	0.05%
RPM	A	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%
GLPI	C	0.05%
NTAP	C	0.05%
REG	B	0.05%
JKHY	D	0.05%
HES	B	0.05%
RNR	C	0.05%
EVRG	A	0.05%
EWBC	A	0.05%
FFIV	B	0.05%
DTM	B	0.04%
WST	C	0.04%
FYBR	D	0.04%
WBS	A	0.04%
JLL	D	0.04%
HRL	D	0.04%
TW	A	0.04%
WAL	B	0.04%
CPB	D	0.04%
NYT	C	0.04%
HSIC	B	0.04%
DRI	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%
DPZ	C	0.04%
QGEN	D	0.04%
FHN	A	0.04%
TFX	F	0.04%
EVR	B	0.04%
BKNG	A	0.04%
TAP	C	0.04%
PRI	A	0.04%
LKQ	D	0.04%
RGLD	C	0.04%
FOXA	B	0.04%
SOFI	A	0.04%
WTRG	B	0.04%
EPAM	C	0.04%
EHC	B	0.04%
ARMK	B	0.04%
DKS	C	0.04%
AIZ	A	0.04%
PNW	B	0.04%
AA	B	0.04%
SOLV	C	0.04%
DOX	D	0.04%
EL	F	0.04%
AFRM	B	0.04%
CE	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%
CAH	B	0.04%
NTNX	A	0.04%
TPR	B	0.04%
TWLO	A	0.04%
CCK	C	0.04%
CG	A	0.04%
INCY	C	0.04%
IPG	D	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%
ARW	D	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%
BBWI	D	0.03%
FAF	A	0.03%
RGEN	D	0.03%
MTG	C	0.03%
ATI	D	0.03%
SIRI	C	0.03%
BFAM	D	0.03%
CGNX	C	0.03%
PB	A	0.03%
PARA	C	0.03%
HRB	D	0.03%
G	B	0.03%
QRVO	F	0.03%
STAG	F	0.03%
JAZZ	B	0.03%
WBA	F	0.03%
COKE	C	0.03%
MAT	D	0.03%
AGNC	D	0.03%
ROKU	D	0.03%
FND	C	0.03%
MOH	F	0.03%
DASH	A	0.03%
FR	C	0.03%
BIO	D	0.03%
WSM	B	0.03%
GNTX	C	0.03%
PR	B	0.03%
MHK	D	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%
VFC	C	0.03%
Z	A	0.03%
VNO	B	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%
CHRD	D	0.03%
NNN	D	0.03%
RL	B	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%
FMC	D	0.03%
ECL	D	0.03%
VOYA	B	0.03%
CRBG	B	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%
GPK	C	0.03%
CMA	A	0.03%
APA	D	0.03%
MGM	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%
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%
W	F	0.02%
CLF	F	0.02%
FLO	D	0.02%
OLED	D	0.02%
GAP	C	0.02%
M	D	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%
TPG	A	0.02%
DBX	B	0.02%
AGO	B	0.02%
AZO	C	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%
CUZ	B	0.02%
KRC	C	0.02%
DOCS	C	0.02%
SLM	A	0.02%
BYD	C	0.02%
OLN	D	0.02%
AVT	C	0.02%
OGN	D	0.02%
SN	D	0.02%
ROIV	C	0.02%
SEE	C	0.02%
UGI	A	0.02%
ZG	A	0.02%
ORLY	B	0.02%
SON	D	0.02%
FNB	A	0.02%
FOX	A	0.02%
KD	B	0.02%
IDA	A	0.02%
CROX	D	0.02%
THO	B	0.02%
THG	A	0.02%
JHG	A	0.02%
POST	C	0.02%
BC	C	0.02%
LEA	D	0.02%
PVH	C	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%
ESI	A	0.02%
AXS	A	0.02%
DINO	D	0.02%
RLI	B	0.02%
AMG	B	0.02%
NOV	C	0.02%
STWD	C	0.02%
WH	B	0.02%
DAR	C	0.02%
ELAN	D	0.02%
UA	C	0.01%
FTRE	D	0.01%
GO	C	0.01%
TER	D	0.01%
REYN	D	0.01%
EXEL	B	0.01%
LEG	F	0.01%
TRIP	F	0.01%
WOLF	F	0.01%
WEN	D	0.01%
INFA	D	0.01%
LEN	D	0.01%
BIRK	D	0.01%
PPC	C	0.01%
QS	F	0.01%
UAA	C	0.01%
LPX	B	0.01%
CRI	D	0.01%
PSTG	D	0.01%
PINC	B	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%
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%
EXP	A	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%
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%
COLM	B	0.01%
LOPE	B	0.01%
MPW	F	0.01%
PAG	B	0.01%
COTY	F	0.01%
AMKR	D	0.01%
PK	B	0.01%
NSA	D	0.01%
BHF	B	0.01%
MASI	A	0.01%
PENN	C	0.01%
WU	D	0.01%
AM	A	0.01%
AMED	F	0.01%
IRDM	D	0.01%
PLNT	A	0.01%
FHB	A	0.01%
TNL	A	0.01%
U	C	0.01%
NXST	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%
DXC	B	0.01%
IAC	D	0.01%
NEU	C	0.01%
PII	D	0.01%
GFS	C	0.01%
NVST	B	0.01%
HUN	F	0.01%
NWL	B	0.01%
SMG	D	0.01%
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%
TFSL	A	0.0%
LBRDA	C	0.0%
SEB	F	0.0%
PATH	C	0.0%
CWEN	C	0.0%
DJT	C	0.0%
LSCC	D	0.0%
MTN	C	0.0%
HCP	B	0.0%
FIVE	F	0.0%
CNA	B	0.0%
DV	C	0.0%
DDS	B	0.0%
HAS	D	0.0%
NCNO	B	0.0%
CERT	F	0.0%

VONV Underweight 202 Positions Relative to FIDU

Symbol	Grade	Weight
UBER	D	-2.35%
WM	A	-1.59%
WCN	A	-0.85%
ODFL	B	-0.78%
VRT	B	-0.78%
AXON	A	-0.76%
VRSK	A	-0.73%
BAH	F	-0.39%
LII	A	-0.35%
XPO	B	-0.31%
FIX	A	-0.28%
HEI	B	-0.28%
ROL	B	-0.26%
HEI	B	-0.21%
AIT	A	-0.18%
PCTY	B	-0.17%
MLI	C	-0.17%
AAON	B	-0.16%
FLR	B	-0.15%
TREX	C	-0.14%
UFPI	B	-0.14%
GTLS	B	-0.13%
EXLS	B	-0.13%
HRI	B	-0.11%
AVAV	D	-0.11%
CWST	A	-0.11%
MOG.A	B	-0.11%
CSWI	A	-0.11%
BECN	B	-0.11%
DY	D	-0.1%
RKLB	B	-0.1%
BCC	B	-0.1%
FSS	B	-0.1%
WTS	B	-0.1%
STRL	B	-0.1%
ZWS	B	-0.1%
ACA	A	-0.09%
GATX	A	-0.09%
EXPO	D	-0.09%
MMS	F	-0.09%
GVA	A	-0.08%
BCO	D	-0.08%
FELE	B	-0.08%
KAI	A	-0.08%
ESE	B	-0.07%
VRRM	D	-0.07%
JBT	B	-0.07%
RUSHA	C	-0.07%
MWA	B	-0.07%
ENS	D	-0.07%
ROAD	A	-0.07%
GMS	B	-0.07%
KFY	B	-0.07%
KTOS	B	-0.07%
PRIM	A	-0.07%
ICFI	F	-0.06%
GFF	A	-0.06%
NPO	A	-0.06%
TNET	D	-0.06%
BRC	D	-0.06%
ATKR	C	-0.06%
ALIT	C	-0.06%
TEX	D	-0.06%
GEO	B	-0.06%
CBZ	B	-0.06%
ABM	B	-0.06%
REZI	A	-0.06%
AIN	C	-0.05%
HNI	B	-0.05%
ARCB	C	-0.05%
EPAC	B	-0.05%
BE	B	-0.05%
NSP	D	-0.05%
RXO	C	-0.05%
MGRC	B	-0.05%
ACVA	B	-0.05%
UNF	B	-0.05%
POWL	C	-0.05%
HUBG	A	-0.05%
TRN	C	-0.05%
ALG	B	-0.04%
VSEC	C	-0.04%
GBX	A	-0.04%
HI	C	-0.04%
MRCY	B	-0.04%
ROCK	C	-0.04%
KAR	B	-0.04%
KMT	B	-0.04%
B	B	-0.04%
RUN	F	-0.04%
HURN	B	-0.04%
AZZ	B	-0.04%
AIR	B	-0.04%
SXI	B	-0.04%
WERN	C	-0.04%
IESC	B	-0.04%
CXW	B	-0.04%
MYRG	B	-0.04%
NX	C	-0.03%
REVG	B	-0.03%
TILE	B	-0.03%
AMWD	C	-0.03%
PLUG	F	-0.03%
DNOW	B	-0.03%
TNC	D	-0.03%
CSGS	B	-0.03%
MLKN	D	-0.03%
HLIO	B	-0.03%
SMR	B	-0.03%
APOG	B	-0.03%
AGX	B	-0.03%
HEES	B	-0.03%
UPWK	B	-0.03%
GRC	A	-0.02%
AMRC	F	-0.02%
CDRE	D	-0.02%
WNC	C	-0.02%
JELD	F	-0.02%
HCSG	C	-0.02%
LMB	A	-0.02%
DXPE	B	-0.02%
VVI	C	-0.02%
HSII	B	-0.02%
TRNS	D	-0.02%
BXC	B	-0.02%
PRLB	A	-0.02%
ARRY	C	-0.02%
JOBY	B	-0.02%
THR	B	-0.02%
JBI	F	-0.02%
ERII	D	-0.02%
DRVN	B	-0.02%
DLX	B	-0.02%
MRTN	C	-0.02%
CMCO	B	-0.02%
BBSI	B	-0.02%
KFRC	D	-0.02%
BV	B	-0.02%
SKYW	B	-0.02%
SCS	C	-0.02%
MRC	B	-0.02%
XMTR	C	-0.02%
TPC	C	-0.02%
BLBD	D	-0.02%
ENVX	F	-0.02%
VICR	B	-0.02%
FLNC	C	-0.02%
NVEE	F	-0.02%
LNN	B	-0.02%
CMPR	D	-0.02%
CRAI	B	-0.02%
AMSC	B	-0.02%
FA	C	-0.02%
TGI	B	-0.02%
MATX	C	-0.02%
TITN	C	-0.01%
CTOS	C	-0.01%
PLPC	B	-0.01%
ALGT	B	-0.01%
ULCC	D	-0.01%
DSGR	D	-0.01%
TWI	F	-0.01%
NPK	B	-0.01%
ATSG	B	-0.01%
MTW	C	-0.01%
ULH	B	-0.01%
FC	F	-0.01%
RUSHB	B	-0.01%
DDD	C	-0.01%
CHPT	F	-0.01%
HY	D	-0.01%
HTZ	C	-0.01%
ATRO	D	-0.01%
KELYA	F	-0.01%
GIC	D	-0.01%
LYTS	B	-0.01%
PLOW	D	-0.01%
IIIN	C	-0.01%
EBF	F	-0.01%
NVRI	F	-0.01%
LQDT	B	-0.01%
JBLU	F	-0.01%
PBI	B	-0.01%
PL	A	-0.01%
CNDT	C	-0.01%
ACCO	C	-0.01%
MATW	C	-0.01%
HTLD	B	-0.01%
MEG	F	-0.01%
GNK	D	-0.01%
FWRD	D	-0.01%
CECO	A	-0.01%
MLR	B	-0.01%
ASTE	B	-0.01%
GLDD	B	-0.01%
DCO	C	-0.01%
SHLS	F	-0.01%
ACHR	B	-0.01%
OFLX	D	-0.0%
SNCY	C	-0.0%
HDSN	F	-0.0%
TASK	C	-0.0%