VONV vs. FNDX ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

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

$82.29

Average Daily Volume

323,013

Number of Holdings ^*

838

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$70.46

Average Daily Volume

432,235

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

Performance

Period	VONV	FNDX
30 Days	2.85%	1.97%
60 Days	3.60%	2.01%
90 Days	7.59%	5.50%
12 Months	21.11%	23.60%

595 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in FNDX	Overlap
	A	C	0.17%	0.06%	0.06%
	AA	D	0.03%	0.04%	0.03%
	AAL	D	0.03%	0.0%	0.0%
	AAP	F	0.02%	0.03%	0.02%
	ABBV	B	0.76%	0.61%	0.61%
	ABT	B	0.75%	0.33%	0.33%
	ACGL	A	0.14%	0.05%	0.05%
	ACI	D	0.03%	0.02%	0.02%
	ACM	B	0.05%	0.04%	0.04%
	ACN	C	0.85%	0.33%	0.33%
	ADI	D	0.47%	0.13%	0.13%
	ADM	D	0.13%	0.23%	0.13%
	ADP	A	0.03%	0.14%	0.03%
	AEE	A	0.09%	0.07%	0.07%
	AEP	A	0.21%	0.18%	0.18%
	AES	C	0.05%	0.06%	0.05%
	AFG	B	0.04%	0.04%	0.04%
	AFL	B	0.22%	0.23%	0.22%
	AGCO	D	0.02%	0.03%	0.02%
	AIG	D	0.22%	0.29%	0.22%
	AIZ	C	0.04%	0.03%	0.03%
	AJG	A	0.23%	0.05%	0.05%
	AKAM	D	0.06%	0.04%	0.04%
	AL	D	0.02%	0.02%	0.02%
	ALB	D	0.04%	0.02%	0.02%
	ALGN	D	0.03%	0.02%	0.02%
	ALK	C	0.02%	0.01%	0.01%
	ALL	A	0.16%	0.29%	0.16%
	ALLE	A	0.05%	0.02%	0.02%
	ALLY	F	0.04%	0.13%	0.04%
	ALSN	B	0.03%	0.04%	0.03%
	AMAT	D	0.06%	0.25%	0.06%
	AMCR	B	0.06%	0.02%	0.02%
	AMD	D	0.32%	0.09%	0.09%
	AME	D	0.16%	0.05%	0.05%
	AMG	C	0.02%	0.04%	0.02%
	AMGN	B	0.16%	0.48%	0.16%
	AMP	B	0.02%	0.12%	0.02%
	AN	D	0.02%	0.05%	0.02%
	ANSS	D	0.11%	0.02%	0.02%
	AON	B	0.26%	0.12%	0.12%
	AOS	D	0.04%	0.03%	0.03%
	APA	F	0.05%	0.03%	0.03%
	APD	B	0.24%	0.11%	0.11%
	APH	D	0.13%	0.08%	0.08%
	APO	C	0.07%	0.03%	0.03%
	APTV	F	0.08%	0.04%	0.04%
	AR	D	0.03%	0.02%	0.02%
	ARE	B	0.08%	0.03%	0.03%
	ARMK	B	0.04%	0.03%	0.03%
	ARW	C	0.03%	0.09%	0.03%
	ATO	A	0.08%	0.04%	0.04%
	ATR	A	0.04%	0.02%	0.02%
	AVB	B	0.12%	0.05%	0.05%
	AVT	D	0.02%	0.08%	0.02%
	AVTR	B	0.07%	0.03%	0.03%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.11%	0.05%	0.05%
	AXP	B	0.37%	0.36%	0.36%
	AXTA	C	0.03%	0.02%	0.02%
	AYI	B	0.03%	0.03%	0.03%
	AZO	C	0.02%	0.06%	0.02%
	BA	F	0.38%	0.14%	0.14%
	BAC	D	1.12%	1.27%	1.12%
	BALL	C	0.08%	0.06%	0.06%
	BAX	C	0.07%	0.08%	0.07%
	BBWI	F	0.03%	0.03%	0.03%
	BBY	B	0.08%	0.19%	0.08%
	BC	D	0.02%	0.03%	0.02%
	BDX	D	0.29%	0.11%	0.11%
	BEN	D	0.03%	0.04%	0.03%
	BERY	B	0.03%	0.04%	0.03%
	BG	F	0.06%	0.11%	0.06%
	BIIB	F	0.13%	0.11%	0.11%
	BJ	D	0.05%	0.02%	0.02%
	BK	A	0.2%	0.26%	0.2%
	BKNG	B	0.03%	0.2%	0.03%
	BKR	D	0.16%	0.14%	0.14%
	BLD	D	0.06%	0.01%	0.01%
	BLDR	C	0.07%	0.04%	0.04%
	BLK	A	0.53%	0.25%	0.25%
	BMY	C	0.4%	0.36%	0.36%
	BPOP	C	0.03%	0.03%	0.03%
	BR	B	0.01%	0.04%	0.01%
	BRK.A	C	3.29%	2.4%	2.4%
	BRO	B	0.05%	0.03%	0.03%
	BRX	B	0.03%	0.02%	0.02%
	BSX	B	0.44%	0.09%	0.09%
	BWA	F	0.03%	0.05%	0.03%
	BXP	A	0.05%	0.05%	0.05%
	C	D	0.51%	1.11%	0.51%
	CACI	B	0.04%	0.03%	0.03%
	CAG	B	0.06%	0.07%	0.06%
	CAH	B	0.04%	0.07%	0.04%
	CAR	F	0.0%	0.02%	0.0%
	CARR	A	0.19%	0.12%	0.12%
	CASY	C	0.05%	0.05%	0.05%
	CAT	C	0.6%	0.39%	0.39%
	CB	B	0.46%	0.29%	0.29%
	CBOE	B	0.08%	0.02%	0.02%
	CBRE	B	0.14%	0.12%	0.12%
	CC	F	0.01%	0.02%	0.01%
	CCI	B	0.2%	0.1%	0.1%
	CCK	A	0.04%	0.04%	0.04%
	CCL	C	0.07%	0.05%	0.05%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.05%	0.06%	0.05%
	CEG	C	0.21%	0.09%	0.09%
	CF	C	0.06%	0.06%	0.06%
	CFG	C	0.08%	0.11%	0.08%
	CG	D	0.04%	0.03%	0.03%
	CHD	B	0.1%	0.04%	0.04%
	CHE	C	0.03%	0.01%	0.01%
	CHK	D	0.04%	0.02%	0.02%
	CHRW	C	0.04%	0.08%	0.04%
	CHTR	D	0.15%	0.33%	0.15%
	CI	B	0.36%	0.55%	0.36%
	CIEN	C	0.03%	0.03%	0.03%
	CINF	B	0.08%	0.07%	0.07%
	CL	C	0.15%	0.16%	0.15%
	CLF	F	0.02%	0.03%	0.02%
	CMA	B	0.03%	0.06%	0.03%
	CMCSA	D	0.66%	0.75%	0.66%
	CME	B	0.29%	0.08%	0.08%
	CMI	C	0.16%	0.17%	0.16%
	CMS	A	0.08%	0.06%	0.06%
	CNC	C	0.17%	0.27%	0.17%
	CNH	C	0.04%	0.03%	0.03%
	CNP	C	0.07%	0.06%	0.06%
	CNXC	D	0.01%	0.01%	0.01%
	COF	D	0.23%	0.41%	0.23%
	COHR	C	0.04%	0.01%	0.01%
	COP	F	0.53%	0.44%	0.44%
	CPB	B	0.04%	0.04%	0.04%
	CPRI	D	0.02%	0.02%	0.02%
	CPRT	F	0.01%	0.02%	0.01%
	CPT	B	0.05%	0.02%	0.02%
	CRBG	D	0.03%	0.03%	0.03%
	CRI	C	0.01%	0.02%	0.01%
	CRL	D	0.05%	0.01%	0.01%
	CRM	D	0.15%	0.11%	0.11%
	CSCO	C	0.81%	0.73%	0.73%
	CSL	C	0.07%	0.05%	0.05%
	CSX	D	0.28%	0.22%	0.22%
	CTAS	B	0.01%	0.09%	0.01%
	CTLT	B	0.04%	0.02%	0.02%
	CTRA	F	0.08%	0.02%	0.02%
	CTSH	B	0.15%	0.18%	0.15%
	CTVA	B	0.16%	0.08%	0.08%
	CVS	D	0.31%	0.67%	0.31%
	CVX	D	1.13%	1.1%	1.1%
	CW	B	0.05%	0.03%	0.03%
	CZR	D	0.04%	0.02%	0.02%
	D	B	0.18%	0.19%	0.18%
	DAL	C	0.11%	0.02%	0.02%
	DAR	F	0.03%	0.02%	0.02%
	DBX	D	0.02%	0.01%	0.01%
	DCI	D	0.04%	0.02%	0.02%
	DD	B	0.14%	0.18%	0.14%
	DE	B	0.39%	0.21%	0.21%
	DELL	D	0.1%	0.01%	0.01%
	DFS	C	0.15%	0.22%	0.15%
	DG	F	0.11%	0.08%	0.08%
	DGX	B	0.06%	0.07%	0.06%
	DHI	B	0.22%	0.19%	0.19%
	DHR	B	0.75%	0.16%	0.16%
	DINO	F	0.03%	0.05%	0.03%
	DIS	D	0.71%	0.37%	0.37%
	DKS	D	0.05%	0.05%	0.05%
	DLR	A	0.2%	0.07%	0.07%
	DLTR	F	0.09%	0.05%	0.05%
	DOC	B	0.06%	0.04%	0.04%
	DOV	B	0.1%	0.06%	0.06%
	DOW	F	0.16%	0.2%	0.16%
	DOX	C	0.04%	0.04%	0.04%
	DPZ	D	0.04%	0.04%	0.04%
	DRI	C	0.03%	0.05%	0.03%
	DTE	A	0.1%	0.08%	0.08%
	DUK	B	0.35%	0.34%	0.34%
	DVN	F	0.12%	0.09%	0.09%
	DXC	C	0.02%	0.05%	0.02%
	EA	C	0.17%	0.08%	0.08%
	EBAY	A	0.12%	0.18%	0.12%
	ECL	A	0.03%	0.09%	0.03%
	ED	B	0.14%	0.13%	0.13%
	EFX	B	0.11%	0.04%	0.04%
	EG	B	0.06%	0.03%	0.03%
	EHC	B	0.04%	0.02%	0.02%
	EIX	B	0.12%	0.11%	0.11%
	EL	F	0.06%	0.04%	0.04%
	ELV	B	0.43%	0.52%	0.43%
	EME	A	0.04%	0.05%	0.04%
	EMN	A	0.05%	0.08%	0.05%
	EMR	D	0.27%	0.15%	0.15%
	EOG	D	0.3%	0.21%	0.21%
	EPAM	D	0.05%	0.01%	0.01%
	EQIX	B	0.29%	0.08%	0.08%
	EQR	B	0.11%	0.06%	0.06%
	EQT	D	0.08%	0.03%	0.03%
	ES	B	0.09%	0.09%	0.09%
	ESS	A	0.07%	0.03%	0.03%
	ETN	C	0.5%	0.2%	0.2%
	ETR	A	0.1%	0.1%	0.1%
	EVR	B	0.04%	0.04%	0.04%
	EVRG	A	0.05%	0.07%	0.05%
	EW	D	0.12%	0.04%	0.04%
	EWBC	D	0.05%	0.03%	0.03%
	EXC	A	0.15%	0.17%	0.15%
	EXP	A	0.01%	0.02%	0.01%
	EXPD	D	0.06%	0.02%	0.02%
	EXR	A	0.14%	0.04%	0.04%
	F	D	0.17%	0.32%	0.17%
	FAF	A	0.02%	0.04%	0.02%
	FANG	F	0.15%	0.05%	0.05%
	FAST	C	0.03%	0.06%	0.03%
	FCNCA	D	0.1%	0.02%	0.02%
	FCX	D	0.27%	0.13%	0.13%
	FDX	C	0.28%	0.33%	0.28%
	FE	B	0.1%	0.1%	0.1%
	FFIV	A	0.05%	0.03%	0.03%
	FHN	C	0.04%	0.03%	0.03%
	FIS	A	0.18%	0.13%	0.13%
	FITB	B	0.12%	0.13%	0.12%
	FLO	C	0.02%	0.02%	0.02%
	FMC	C	0.03%	0.03%	0.03%
	FNF	B	0.06%	0.07%	0.06%
	FOXA	C	0.04%	0.09%	0.04%
	FSLR	D	0.09%	0.02%	0.02%
	FTI	D	0.05%	0.02%	0.02%
	FTNT	B	0.03%	0.03%	0.03%
	FTV	C	0.1%	0.03%	0.03%
	FYBR	C	0.03%	0.03%	0.03%
	G	B	0.02%	0.02%	0.02%
	GAP	F	0.02%	0.04%	0.02%
	GD	B	0.33%	0.22%	0.22%
	GE	A	0.6%	0.17%	0.17%
	GEHC	C	0.13%	0.07%	0.07%
	GEV	B	0.2%	0.04%	0.04%
	GGG	C	0.06%	0.02%	0.02%
	GILD	B	0.39%	0.33%	0.33%
	GIS	B	0.16%	0.13%	0.13%
	GL	C	0.04%	0.03%	0.03%
	GLPI	B	0.05%	0.02%	0.02%
	GLW	C	0.13%	0.13%	0.13%
	GM	C	0.21%	0.72%	0.21%
	GNRC	D	0.02%	0.02%	0.02%
	GNTX	F	0.03%	0.03%	0.03%
	GPC	D	0.08%	0.06%	0.06%
	GPK	A	0.04%	0.03%	0.03%
	GPN	C	0.11%	0.08%	0.08%
	GRMN	D	0.11%	0.04%	0.04%
	GS	D	0.48%	0.57%	0.48%
	GWW	B	0.02%	0.07%	0.02%
	GXO	D	0.03%	0.02%	0.02%
	HAL	F	0.13%	0.06%	0.06%
	HAS	B	0.0%	0.03%	0.0%
	HBAN	B	0.09%	0.07%	0.07%
	HCA	A	0.22%	0.25%	0.22%
	HD	B	0.3%	0.75%	0.3%
	HES	F	0.06%	0.05%	0.05%
	HIG	B	0.13%	0.15%	0.13%
	HII	D	0.05%	0.05%	0.05%
	HLT	B	0.11%	0.06%	0.06%
	HOG	C	0.02%	0.03%	0.02%
	HOLX	B	0.08%	0.04%	0.04%
	HON	D	0.46%	0.34%	0.34%
	HPE	F	0.11%	0.2%	0.11%
	HPQ	D	0.11%	0.21%	0.11%
	HRB	C	0.03%	0.02%	0.02%
	HRL	C	0.04%	0.03%	0.03%
	HSIC	D	0.04%	0.04%	0.04%
	HST	D	0.05%	0.04%	0.04%
	HSY	B	0.1%	0.04%	0.04%
	HUBB	B	0.09%	0.03%	0.03%
	HUM	F	0.18%	0.23%	0.18%
	HUN	D	0.02%	0.03%	0.02%
	HWM	B	0.15%	0.06%	0.06%
	IBM	A	0.72%	0.58%	0.58%
	ICE	B	0.35%	0.13%	0.13%
	IEX	D	0.06%	0.02%	0.02%
	IFF	B	0.1%	0.06%	0.06%
	ILMN	C	0.08%	0.03%	0.03%
	INGR	B	0.03%	0.05%	0.03%
	INTC	F	0.54%	0.61%	0.54%
	INVH	B	0.09%	0.03%	0.03%
	IP	B	0.07%	0.15%	0.07%
	IPG	C	0.05%	0.04%	0.04%
	IQV	C	0.16%	0.09%	0.09%
	IR	D	0.17%	0.03%	0.03%
	IRM	A	0.05%	0.07%	0.05%
	ITT	C	0.05%	0.03%	0.03%
	ITW	B	0.19%	0.14%	0.14%
	IVZ	C	0.03%	0.04%	0.03%
	J	D	0.07%	0.06%	0.06%
	JAZZ	D	0.03%	0.01%	0.01%
	JBHT	D	0.06%	0.04%	0.04%
	JBL	D	0.05%	0.05%	0.05%
	JCI	B	0.17%	0.15%	0.15%
	JEF	B	0.03%	0.05%	0.03%
	JHG	B	0.02%	0.03%	0.02%
	JKHY	A	0.05%	0.02%	0.02%
	JLL	B	0.03%	0.09%	0.03%
	JNJ	B	1.56%	1.01%	1.01%
	JNPR	B	0.05%	0.05%	0.05%
	JPM	D	2.5%	2.06%	2.06%
	JWN	C	0.01%	0.02%	0.01%
	K	A	0.06%	0.07%	0.06%
	KBR	D	0.03%	0.02%	0.02%
	KD	D	0.03%	0.05%	0.03%
	KDP	B	0.15%	0.08%	0.08%
	KEY	B	0.06%	0.1%	0.06%
	KEYS	C	0.1%	0.03%	0.03%
	KHC	C	0.13%	0.11%	0.11%
	KIM	B	0.06%	0.03%	0.03%
	KKR	B	0.24%	0.11%	0.11%
	KMB	C	0.11%	0.12%	0.11%
	KMI	B	0.17%	0.19%	0.17%
	KMX	D	0.05%	0.07%	0.05%
	KNX	C	0.03%	0.04%	0.03%
	KO	B	0.45%	0.44%	0.44%
	KR	B	0.15%	0.29%	0.15%
	KSS	F	0.01%	0.07%	0.01%
	KVUE	B	0.15%	0.03%	0.03%
	L	C	0.06%	0.05%	0.05%
	LAD	C	0.03%	0.06%	0.03%
	LAMR	A	0.03%	0.02%	0.02%
	LDOS	B	0.08%	0.08%	0.08%
	LEA	F	0.03%	0.06%	0.03%
	LECO	D	0.03%	0.02%	0.02%
	LEG	D	0.01%	0.02%	0.01%
	LEN	B	0.01%	0.18%	0.01%
	LEN	B	0.18%	0.18%	0.18%
	LHX	C	0.18%	0.16%	0.16%
	LIN	B	0.89%	0.36%	0.36%
	LKQ	D	0.05%	0.05%	0.05%
	LMT	B	0.32%	0.4%	0.32%
	LNC	D	0.02%	0.06%	0.02%
	LNG	C	0.08%	0.05%	0.05%
	LNT	A	0.06%	0.04%	0.04%
	LOW	B	0.58%	0.4%	0.4%
	LPX	B	0.01%	0.03%	0.01%
	LSTR	D	0.03%	0.02%	0.02%
	LSXMK	D	0.02%	0.05%	0.02%
	LUV	C	0.07%	0.02%	0.02%
	LW	D	0.02%	0.01%	0.01%
	LYB	F	0.11%	0.16%	0.11%
	M	D	0.02%	0.05%	0.02%
	MAA	A	0.07%	0.04%	0.04%
	MAN	D	0.02%	0.05%	0.02%
	MAR	D	0.22%	0.08%	0.08%
	MAS	B	0.07%	0.06%	0.06%
	MCD	B	0.73%	0.33%	0.33%
	MCHP	D	0.19%	0.05%	0.05%
	MCK	F	0.19%	0.11%	0.11%
	MDLZ	B	0.38%	0.22%	0.22%
	MDT	B	0.44%	0.27%	0.27%
	MDU	B	0.02%	0.02%	0.02%
	MET	B	0.19%	0.26%	0.19%
	MGM	D	0.04%	0.05%	0.04%
	MHK	B	0.04%	0.07%	0.04%
	MIDD	D	0.03%	0.02%	0.02%
	MKC	B	0.08%	0.04%	0.04%
	MKL	C	0.07%	0.05%	0.05%
	MKSI	F	0.03%	0.02%	0.02%
	MLM	D	0.14%	0.04%	0.04%
	MMC	A	0.39%	0.15%	0.15%
	MMM	A	0.24%	0.39%	0.24%
	MNST	C	0.03%	0.04%	0.03%
	MO	C	0.35%	0.39%	0.35%
	MOH	C	0.03%	0.05%	0.03%
	MOS	F	0.04%	0.06%	0.04%
	MPC	F	0.26%	0.44%	0.26%
	MPW	B	0.01%	0.02%	0.01%
	MRNA	F	0.16%	0.04%	0.04%
	MRO	D	0.07%	0.08%	0.07%
	MRVL	C	0.22%	0.03%	0.03%
	MS	D	0.46%	0.36%	0.36%
	MSCI	C	0.07%	0.03%	0.03%
	MSI	B	0.14%	0.06%	0.06%
	MSM	D	0.02%	0.01%	0.01%
	MTB	B	0.12%	0.1%	0.1%
	MTD	D	0.13%	0.04%	0.04%
	MTG	B	0.03%	0.03%	0.03%
	MTN	D	0.0%	0.01%	0.0%
	MTZ	B	0.03%	0.03%	0.03%
	MU	F	0.5%	0.36%	0.36%
	NDAQ	B	0.11%	0.03%	0.03%
	NDSN	C	0.06%	0.02%	0.02%
	NEE	B	0.64%	0.27%	0.27%
	NEM	B	0.23%	0.19%	0.19%
	NFG	A	0.02%	0.02%	0.02%
	NI	A	0.06%	0.04%	0.04%
	NKE	D	0.14%	0.18%	0.14%
	NOC	B	0.28%	0.21%	0.21%
	NOV	F	0.03%	0.02%	0.02%
	NRG	C	0.04%	0.1%	0.04%
	NSC	C	0.23%	0.21%	0.21%
	NTAP	D	0.06%	0.08%	0.06%
	NTRS	B	0.07%	0.07%	0.07%
	NUE	D	0.16%	0.18%	0.16%
	NVR	B	0.1%	0.08%	0.08%
	NVT	D	0.05%	0.02%	0.02%
	NWL	C	0.01%	0.03%	0.01%
	NWSA	D	0.04%	0.04%	0.04%
	NXST	D	0.01%	0.03%	0.01%
	O	B	0.2%	0.04%	0.04%
	OC	C	0.07%	0.06%	0.06%
	OGE	B	0.03%	0.03%	0.03%
	OGN	C	0.02%	0.07%	0.02%
	OKE	A	0.2%	0.13%	0.13%
	OLN	D	0.02%	0.03%	0.02%
	OMC	B	0.08%	0.08%	0.08%
	OMF	D	0.02%	0.05%	0.02%
	ON	D	0.14%	0.04%	0.04%
	ORI	B	0.04%	0.05%	0.04%
	ORLY	B	0.02%	0.1%	0.02%
	OSK	D	0.03%	0.04%	0.03%
	OTIS	C	0.16%	0.05%	0.05%
	OVV	F	0.05%	0.05%	0.05%
	OXY	F	0.16%	0.12%	0.12%
	PAG	D	0.01%	0.02%	0.01%
	PARA	F	0.03%	0.1%	0.03%
	PAYX	B	0.11%	0.06%	0.06%
	PCAR	D	0.21%	0.13%	0.13%
	PCG	B	0.16%	0.03%	0.03%
	PEG	A	0.16%	0.11%	0.11%
	PENN	D	0.01%	0.02%	0.01%
	PEP	B	0.2%	0.45%	0.2%
	PFE	C	0.71%	0.72%	0.71%
	PFG	C	0.08%	0.08%	0.08%
	PFGC	B	0.04%	0.05%	0.04%
	PG	A	1.21%	0.84%	0.84%
	PGR	B	0.08%	0.26%	0.08%
	PH	B	0.29%	0.11%	0.11%
	PHM	B	0.11%	0.12%	0.11%
	PII	D	0.02%	0.02%	0.02%
	PK	F	0.01%	0.02%	0.01%
	PKG	B	0.07%	0.07%	0.07%
	PLD	B	0.48%	0.08%	0.08%
	PM	B	0.73%	0.51%	0.51%
	PNC	B	0.29%	0.3%	0.29%
	PNR	A	0.06%	0.03%	0.03%
	PNW	A	0.04%	0.04%	0.04%
	POST	C	0.02%	0.02%	0.02%
	PPG	C	0.12%	0.08%	0.08%
	PPL	A	0.09%	0.11%	0.09%
	PRGO	C	0.02%	0.02%	0.02%
	PRI	B	0.04%	0.02%	0.02%
	PRU	C	0.18%	0.24%	0.18%
	PSA	A	0.16%	0.06%	0.06%
	PSX	F	0.25%	0.38%	0.25%
	PVH	D	0.02%	0.04%	0.02%
	PWR	C	0.11%	0.06%	0.06%
	PYPL	B	0.28%	0.19%	0.19%
	QCOM	D	0.05%	0.46%	0.05%
	QRVO	F	0.05%	0.05%	0.05%
	R	B	0.02%	0.07%	0.02%
	REG	B	0.05%	0.02%	0.02%
	REGN	C	0.42%	0.16%	0.16%
	RF	C	0.08%	0.08%	0.08%
	RGA	B	0.06%	0.04%	0.04%
	RHI	D	0.03%	0.03%	0.03%
	RJF	C	0.09%	0.04%	0.04%
	RL	B	0.03%	0.03%	0.03%
	RMD	B	0.09%	0.04%	0.04%
	ROK	D	0.12%	0.05%	0.05%
	ROP	B	0.24%	0.05%	0.05%
	ROST	C	0.15%	0.08%	0.08%
	RPM	B	0.05%	0.03%	0.03%
	RRX	C	0.04%	0.03%	0.03%
	RS	D	0.07%	0.08%	0.07%
	RSG	B	0.16%	0.07%	0.07%
	RTX	C	0.64%	0.37%	0.37%
	SAIC	B	0.03%	0.03%	0.03%
	SBAC	B	0.1%	0.02%	0.02%
	SBUX	C	0.08%	0.26%	0.08%
	SCHW	D	0.36%	0.1%	0.1%
	SCI	A	0.05%	0.03%	0.03%
	SEE	D	0.02%	0.03%	0.02%
	SEIC	C	0.03%	0.02%	0.02%
	SHW	A	0.03%	0.09%	0.03%
	SJM	C	0.05%	0.06%	0.05%
	SKX	C	0.03%	0.03%	0.03%
	SLB	F	0.28%	0.12%	0.12%
	SLM	D	0.02%	0.04%	0.02%
	SNA	B	0.06%	0.04%	0.04%
	SNV	C	0.03%	0.03%	0.03%
	SNX	D	0.04%	0.03%	0.03%
	SO	A	0.38%	0.29%	0.29%
	SOLV	C	0.03%	0.04%	0.03%
	SON	C	0.02%	0.03%	0.02%
	SPG	B	0.15%	0.11%	0.11%
	SPGI	A	0.62%	0.15%	0.15%
	SQ	D	0.08%	0.02%	0.02%
	SRE	B	0.21%	0.12%	0.12%
	SSNC	A	0.06%	0.04%	0.04%
	ST	F	0.02%	0.02%	0.02%
	STE	B	0.1%	0.03%	0.03%
	STLD	F	0.08%	0.09%	0.08%
	STT	B	0.1%	0.1%	0.1%
	STWD	B	0.02%	0.02%	0.02%
	STZ	C	0.16%	0.07%	0.07%
	SUI	B	0.06%	0.03%	0.03%
	SW	B	0.05%	0.11%	0.05%
	SWK	B	0.07%	0.08%	0.07%
	SWKS	F	0.07%	0.05%	0.05%
	SWN	D	0.03%	0.03%	0.03%
	SYF	D	0.08%	0.29%	0.08%
	SYK	B	0.34%	0.12%	0.12%
	SYY	C	0.06%	0.1%	0.06%
	T	A	0.57%	1.29%	0.57%
	TAP	C	0.04%	0.05%	0.04%
	TDG	B	0.23%	0.08%	0.08%
	TDY	B	0.08%	0.02%	0.02%
	TER	D	0.01%	0.05%	0.01%
	TFC	D	0.24%	0.24%	0.24%
	TFX	B	0.04%	0.02%	0.02%
	TGT	C	0.29%	0.38%	0.29%
	THC	B	0.06%	0.08%	0.06%
	THG	A	0.02%	0.02%	0.02%
	THO	C	0.02%	0.04%	0.02%
	TJX	B	0.21%	0.23%	0.21%
	TKR	D	0.02%	0.02%	0.02%
	TMO	B	0.96%	0.29%	0.29%
	TMUS	A	0.36%	0.23%	0.23%
	TNL	F	0.01%	0.01%	0.01%
	TOL	B	0.06%	0.05%	0.05%
	TPR	C	0.04%	0.04%	0.04%
	TRMB	C	0.05%	0.02%	0.02%
	TROW	D	0.1%	0.11%	0.1%
	TRU	A	0.07%	0.03%	0.03%
	TRV	A	0.2%	0.29%	0.2%
	TSN	C	0.07%	0.21%	0.07%
	TT	A	0.2%	0.08%	0.08%
	TTC	D	0.04%	0.02%	0.02%
	TTWO	D	0.1%	0.03%	0.03%
	TXN	D	0.67%	0.35%	0.35%
	TXT	D	0.07%	0.06%	0.06%
	UDR	B	0.05%	0.02%	0.02%
	UGI	B	0.02%	0.05%	0.02%
	UHAL	B	0.0%	0.02%	0.0%
	UHAL	B	0.02%	0.02%	0.02%
	UHS	B	0.05%	0.11%	0.05%
	ULTA	D	0.01%	0.03%	0.01%
	UNH	C	2.02%	1.26%	1.26%
	UNM	B	0.05%	0.05%	0.05%
	UNP	B	0.32%	0.41%	0.32%
	UPS	D	0.39%	0.25%	0.25%
	URI	C	0.16%	0.12%	0.12%
	USB	C	0.29%	0.32%	0.29%
	USFD	A	0.05%	0.07%	0.05%
	VAC	F	0.01%	0.01%	0.01%
	VFC	C	0.02%	0.06%	0.02%
	VICI	B	0.13%	0.02%	0.02%
	VLO	F	0.22%	0.4%	0.22%
	VMC	D	0.11%	0.04%	0.04%
	VNO	A	0.02%	0.04%	0.02%
	VOYA	A	0.03%	0.03%	0.03%
	VRSN	D	0.06%	0.01%	0.01%
	VRTX	C	0.26%	0.08%	0.08%
	VTR	B	0.09%	0.09%	0.09%
	VTRS	C	0.06%	0.1%	0.06%
	VZ	A	0.7%	1.28%	0.7%
	WAB	B	0.12%	0.06%	0.06%
	WAT	C	0.03%	0.04%	0.03%
	WBA	F	0.03%	0.14%	0.03%
	WBD	D	0.09%	0.06%	0.06%
	WCC	D	0.03%	0.03%	0.03%
	WDC	D	0.09%	0.13%	0.09%
	WEC	B	0.11%	0.08%	0.08%
	WELL	B	0.27%	0.1%	0.1%
	WFC	F	0.85%	1.19%	0.85%
	WHR	D	0.02%	0.07%	0.02%
	WLK	D	0.02%	0.02%	0.02%
	WMB	A	0.21%	0.15%	0.15%
	WMT	B	1.22%	1.45%	1.22%
	WPC	B	0.05%	0.02%	0.02%
	WRB	C	0.07%	0.04%	0.04%
	WSM	C	0.03%	0.05%	0.03%
	WSO	C	0.07%	0.03%	0.03%
	WST	F	0.04%	0.02%	0.02%
	WTRG	D	0.04%	0.01%	0.01%
	WTW	B	0.12%	0.07%	0.07%
	WU	F	0.01%	0.04%	0.01%
	WY	C	0.09%	0.09%	0.09%
	X	D	0.04%	0.07%	0.04%
	XEL	B	0.13%	0.11%	0.11%
	XOM	D	2.18%	1.97%	1.97%
	XRAY	D	0.02%	0.02%	0.02%
	XYL	D	0.13%	0.04%	0.04%
	YUM	B	0.09%	0.08%	0.08%
	ZBH	D	0.09%	0.05%	0.05%
	ZBRA	C	0.06%	0.03%	0.03%
	ZION	D	0.03%	0.05%	0.03%
	ZTS	B	0.06%	0.08%	0.06%

VONV Overweight 243 Positions Relative to FNDX

	Symbol	Grade	Weight
	CSGP	D	0.13%
	MSTR	D	0.1%
	RCL	B	0.1%
	BMRN	F	0.07%
	RIVN	F	0.06%
	HOOD	C	0.06%
	UTHR	C	0.06%
	VLTO	B	0.06%
	RBA	B	0.06%
	UAL	C	0.06%
	ZM	C	0.06%
	RPRX	C	0.05%
	INCY	C	0.05%
	RNR	B	0.05%
	AMH	B	0.05%
	CLH	B	0.05%
	IBKR	B	0.05%
	ELS	B	0.05%
	TECH	D	0.05%
	APG	D	0.04%
	NYT	C	0.04%
	WAL	B	0.04%
	NTNX	C	0.04%
	SF	B	0.04%
	TTEK	B	0.04%
	EGP	B	0.04%
	OHI	B	0.04%
	RGLD	B	0.04%
	CVNA	B	0.04%
	FRT	B	0.04%
	WWD	D	0.04%
	QGEN	B	0.04%
	MTCH	C	0.04%
	FDS	C	0.04%
	CHRD	F	0.04%
	CUBE	A	0.04%
	REXR	C	0.04%
	GME	F	0.03%
	ROKU	C	0.03%
	XP	D	0.03%
	ELAN	D	0.03%
	AFRM	C	0.03%
	PB	B	0.03%
	LFUS	D	0.03%
	BIO	C	0.03%
	FND	C	0.03%
	SOFI	C	0.03%
	CROX	C	0.03%
	MAT	C	0.03%
	FLS	D	0.03%
	MTDR	F	0.03%
	BRBR	C	0.03%
	GWRE	A	0.03%
	COKE	C	0.03%
	ADC	B	0.03%
	CFR	C	0.03%
	AGNC	A	0.03%
	WEX	C	0.03%
	ONTO	D	0.03%
	MSA	D	0.03%
	CRUS	D	0.03%
	WTFC	C	0.03%
	HLI	A	0.03%
	COIN	F	0.03%
	KEX	C	0.03%
	BWXT	D	0.03%
	FR	B	0.03%
	PNFP	B	0.03%
	WMS	D	0.03%
	DTM	B	0.03%
	SSD	C	0.03%
	STAG	B	0.03%
	RRC	D	0.03%
	TKO	B	0.03%
	PR	D	0.03%
	FCN	C	0.03%
	CBSH	B	0.03%
	WYNN	D	0.03%
	CR	C	0.03%
	TW	A	0.03%
	DAY	C	0.03%
	RGEN	F	0.03%
	OKTA	F	0.03%
	GMED	D	0.03%
	CGNX	D	0.03%
	NNN	B	0.03%
	MKTX	C	0.03%
	TWLO	D	0.03%
	RBC	D	0.03%
	PTC	D	0.03%
	ATI	D	0.03%
	WBS	D	0.03%
	COLD	D	0.03%
	AMKR	D	0.02%
	SPR	D	0.02%
	NEU	C	0.02%
	AWI	C	0.02%
	GTES	C	0.02%
	BILL	D	0.02%
	FRPT	B	0.02%
	KMPR	D	0.02%
	COTY	D	0.02%
	IAC	C	0.02%
	SN	B	0.02%
	SITE	D	0.02%
	CUZ	B	0.02%
	PSN	B	0.02%
	BYD	C	0.02%
	ZG	B	0.02%
	SLGN	B	0.02%
	KRC	C	0.02%
	AGO	C	0.02%
	S	C	0.02%
	EEFT	F	0.02%
	WTM	D	0.02%
	RYN	C	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	FOX	C	0.02%
	ASH	D	0.02%
	DASH	C	0.02%
	IDA	B	0.02%
	OZK	D	0.02%
	GFS	F	0.02%
	W	D	0.02%
	EXAS	C	0.02%
	CIVI	F	0.02%
	OLED	C	0.02%
	WSC	D	0.02%
	SRCL	A	0.02%
	WH	B	0.02%
	COLB	C	0.02%
	FNB	D	0.02%
	HXL	F	0.02%
	H	D	0.02%
	MTSI	D	0.02%
	ESAB	C	0.02%
	Z	B	0.02%
	RLI	B	0.02%
	AXS	B	0.02%
	BFAM	B	0.02%
	FICO	A	0.02%
	ACHC	C	0.02%
	LBRDK	D	0.02%
	VMI	D	0.02%
	OLLI	C	0.02%
	ESI	D	0.02%
	VNT	D	0.02%
	DDS	D	0.01%
	AMC	D	0.01%
	SNDR	B	0.01%
	DV	F	0.01%
	LYFT	D	0.01%
	WEN	C	0.01%
	REYN	C	0.01%
	UAA	C	0.01%
	INFA	D	0.01%
	PPC	D	0.01%
	VSTS	D	0.01%
	SHC	B	0.01%
	MP	D	0.01%
	TRIP	F	0.01%
	ALGM	D	0.01%
	CERT	F	0.01%
	GO	F	0.01%
	AZEK	C	0.01%
	SAM	F	0.01%
	GLOB	D	0.01%
	RCM	C	0.01%
	HAYW	D	0.01%
	BROS	D	0.01%
	MASI	D	0.01%
	FTRE	F	0.01%
	PSTG	D	0.01%
	RKT	B	0.01%
	VIRT	B	0.01%
	ADTN	F	0.01%
	QS	F	0.01%
	IPGP	F	0.01%
	HHH	C	0.01%
	BIRK	D	0.01%
	BOKF	B	0.01%
	WOLF	F	0.01%
	YETI	D	0.01%
	SPB	B	0.01%
	PINC	C	0.01%
	AGR	B	0.01%
	ENOV	F	0.01%
	BRKR	D	0.01%
	ETSY	F	0.01%
	U	D	0.01%
	COLM	B	0.01%
	CLVT	D	0.01%
	PLNT	B	0.01%
	NVST	D	0.01%
	AM	B	0.01%
	CWEN	A	0.01%
	CNM	F	0.01%
	NSA	A	0.01%
	LOPE	D	0.01%
	DOCS	B	0.01%
	BHF	F	0.01%
	CACC	F	0.01%
	AMED	D	0.01%
	PAYC	D	0.01%
	LCID	C	0.01%
	IRDM	D	0.01%
	FHB	C	0.01%
	HIW	A	0.01%
	TPG	B	0.01%
	NWS	D	0.01%
	DNB	C	0.01%
	SMG	C	0.01%
	ALNY	C	0.01%
	EPR	B	0.01%
	AZTA	D	0.01%
	MSGS	B	0.01%
	LITE	C	0.01%
	RH	C	0.01%
	ZI	D	0.01%
	TYL	B	0.01%
	UWMC	C	0.0%
	UI	B	0.0%
	IONS	F	0.0%
	LBRDA	D	0.0%
	PLTK	D	0.0%
	CHH	C	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	PATH	D	0.0%
	TFSL	C	0.0%
	SIRI	C	0.0%
	HCP	A	0.0%
	TXG	D	0.0%
	CACC	F	0.0%
	FIVE	D	0.0%
	PYCR	D	0.0%
	SEB	C	0.0%
	LSCC	D	0.0%
	NCNO	F	0.0%
	CNA	C	0.0%
	UA	C	0.0%
	EXEL	A	0.0%

VONV Underweight 125 Positions Relative to FNDX

	Symbol	Grade	Weight
	AAPL	D	-4.47%
	MSFT	C	-2.41%
	META	B	-1.78%
	AMZN	C	-1.32%
	GOOGL	D	-1.23%
	GOOG	D	-1.07%
	COST	B	-0.7%
	AVGO	C	-0.63%
	MRK	D	-0.51%
	LUMN	C	-0.44%
	ORCL	B	-0.4%
	V	A	-0.34%
	NVDA	D	-0.34%
	MA	A	-0.28%
	LLY	C	-0.27%
	ADBE	D	-0.21%
	TSLA	C	-0.17%
	LRCX	F	-0.16%
	WM	D	-0.15%
	AMT	B	-0.14%
	NFLX	B	-0.14%
	BX	A	-0.11%
	VST	C	-0.11%
	TEL	D	-0.11%
	STX	D	-0.1%
	KLAC	D	-0.1%
	INTU	C	-0.1%
	MCO	B	-0.08%
	NXPI	F	-0.08%
	ISRG	B	-0.08%
	TSCO	B	-0.06%
	TRGP	B	-0.06%
	DVA	A	-0.06%
	SFM	B	-0.05%
	TDS	B	-0.05%
	EQH	C	-0.05%
	ODFL	D	-0.05%
	GPI	B	-0.05%
	CPAY	C	-0.05%
	FLEX	D	-0.05%
	BAP	B	-0.04%
	BAH	B	-0.04%
	TMHC	B	-0.04%
	CLX	B	-0.04%
	UBER	C	-0.04%
	CNO	B	-0.04%
	FL	D	-0.04%
	JXN	B	-0.04%
	ZIM	C	-0.04%
	VRSK	D	-0.04%
	MUSA	B	-0.04%
	ALV	F	-0.03%
	ABM	D	-0.03%
	GDDY	D	-0.03%
	FLR	D	-0.03%
	AER	C	-0.03%
	LPLA	F	-0.03%
	CMC	D	-0.03%
	SLG	B	-0.03%
	SNPS	D	-0.03%
	EXPE	C	-0.03%
	CDNS	D	-0.03%
	LII	A	-0.03%
	CHKP	B	-0.03%
	MLI	B	-0.03%
	PBF	F	-0.03%
	LVS	D	-0.03%
	ADSK	B	-0.03%
	TPH	C	-0.03%
	GT	F	-0.03%
	KBH	B	-0.03%
	BURL	B	-0.03%
	DECK	C	-0.03%
	IT	B	-0.03%
	GNW	B	-0.03%
	SANM	D	-0.03%
	CCEP	B	-0.03%
	HBI	B	-0.03%
	BCC	C	-0.03%
	PANW	C	-0.03%
	ANET	C	-0.03%
	UFPI	C	-0.03%
	MTH	B	-0.03%
	CMG	C	-0.03%
	ADNT	F	-0.02%
	SPTN	C	-0.02%
	ODP	F	-0.02%
	CNX	B	-0.02%
	OI	D	-0.02%
	DAN	F	-0.02%
	UNFI	C	-0.02%
	LULU	D	-0.02%
	ICLR	F	-0.02%
	CYH	B	-0.02%
	WERN	D	-0.02%
	BECN	D	-0.02%
	TGNA	C	-0.02%
	REZI	D	-0.02%
	SM	F	-0.02%
	HUBG	C	-0.02%
	ASO	C	-0.02%
	POR	A	-0.02%
	ASGN	D	-0.02%
	TPX	C	-0.02%
	POOL	C	-0.02%
	RUSHA	C	-0.02%
	MUR	F	-0.02%
	BTU	D	-0.02%
	NAVI	C	-0.02%
	XRX	F	-0.02%
	QRTEA	F	-0.02%
	IDXX	C	-0.02%
	NSIT	C	-0.02%
	ABG	F	-0.02%
	HTZ	F	-0.01%
	MATX	C	-0.01%
	VSH	F	-0.01%
	ANDE	D	-0.01%
	ARCH	D	-0.01%
	DK	F	-0.01%
	AEO	F	-0.01%
	NOW	B	-0.01%
	MMS	D	-0.01%
	LILAK	C	-0.01%
	BIG	F	-0.0%

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 Biotechnology Dow Jones Component Plastic Beverage

FNDX: Top Represented Industries & Keywords

Industries: Diversified Industrials Asset Management Utilities - Regulated Electric Oil & Gas E&P Business Services Specialty Retail Banks - Regional - US Information Technology Services Semiconductors Software - Application Specialty Chemicals Packaged Foods Packaging & Containers Credit Services Diagnostics & Research Building Materials Insurance - Property & Casualty Auto Parts Capital Markets Drug Manufacturers - Major

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