VONV vs. ILCG ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares Morningstar Growth ETF (ILCG)

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

$83.04

Average Daily Volume

318,011

Number of Holdings ^*

839

* may have additional holdings in another (foreign) market

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$83.75

Average Daily Volume

111,478

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	VONV	ILCG
30 Days	3.44%	1.87%
60 Days	5.25%	3.77%
90 Days	8.24%	2.80%
12 Months	23.07%	37.47%

276 Overlapping Holdings

Symbol	Grade	Weight in VONV	Weight in ILCG	Overlap
A	C	0.17%	0.17%	0.17%
ACGL	C	0.16%	0.06%	0.06%
ACM	B	0.05%	0.03%	0.03%
ACN	C	0.86%	0.13%	0.13%
ADI	C	0.47%	0.08%	0.08%
ADP	B	0.03%	0.17%	0.03%
AFG	B	0.04%	0.02%	0.02%
AJG	D	0.24%	0.09%	0.09%
AKAM	D	0.06%	0.03%	0.03%
ALB	D	0.04%	0.02%	0.02%
ALGN	D	0.03%	0.05%	0.03%
ALL	B	0.17%	0.09%	0.09%
ALLE	B	0.05%	0.03%	0.03%
ALNY	C	0.01%	0.14%	0.01%
AMAT	D	0.05%	0.26%	0.05%
AMD	D	0.33%	1.03%	0.33%
AME	C	0.16%	0.16%	0.16%
AMH	C	0.05%	0.05%	0.05%
AMP	A	0.02%	0.12%	0.02%
ANSS	D	0.11%	0.12%	0.11%
AON	B	0.27%	0.08%	0.08%
AOS	D	0.04%	0.03%	0.03%
APH	D	0.13%	0.18%	0.13%
APO	C	0.06%	0.05%	0.05%
APTV	D	0.08%	0.03%	0.03%
ARE	C	0.08%	0.02%	0.02%
AVB	B	0.13%	0.07%	0.07%
AVTR	B	0.07%	0.04%	0.04%
AVY	C	0.04%	0.04%	0.04%
AWK	B	0.11%	0.06%	0.06%
AXP	B	0.37%	0.21%	0.21%
AZO	D	0.02%	0.23%	0.02%
BALL	C	0.08%	0.05%	0.05%
BJ	D	0.04%	0.02%	0.02%
BKNG	C	0.03%	0.19%	0.03%
BKR	C	0.14%	0.07%	0.07%
BLD	D	0.05%	0.03%	0.03%
BLDR	C	0.08%	0.04%	0.04%
BMRN	F	0.07%	0.07%	0.07%
BR	D	0.01%	0.1%	0.01%
BRKR	D	0.01%	0.03%	0.01%
BRO	C	0.06%	0.11%	0.06%
BSX	B	0.48%	0.24%	0.24%
CARR	B	0.2%	0.16%	0.16%
CASY	D	0.04%	0.04%	0.04%
CAT	B	0.6%	0.17%	0.17%
CBRE	A	0.14%	0.09%	0.09%
CCK	A	0.04%	0.02%	0.02%
CDW	D	0.06%	0.12%	0.06%
CE	F	0.04%	0.03%	0.03%
CHD	D	0.1%	0.11%	0.1%
CINF	B	0.08%	0.03%	0.03%
CL	D	0.16%	0.11%	0.11%
CLH	A	0.05%	0.05%	0.05%
CMI	C	0.17%	0.12%	0.12%
CMS	C	0.08%	0.03%	0.03%
CNM	F	0.01%	0.03%	0.01%
COIN	F	0.02%	0.13%	0.02%
COTY	F	0.01%	0.01%	0.01%
CPRT	D	0.01%	0.18%	0.01%
CPT	B	0.05%	0.02%	0.02%
CRL	F	0.04%	0.03%	0.03%
CRM	D	0.14%	1.0%	0.14%
CSGP	D	0.13%	0.13%	0.13%
CSL	B	0.07%	0.08%	0.07%
CTAS	B	0.01%	0.3%	0.01%
CTRA	D	0.07%	0.03%	0.03%
CTVA	B	0.16%	0.07%	0.07%
D	C	0.19%	0.09%	0.09%
DAL	C	0.11%	0.05%	0.05%
DASH	C	0.02%	0.17%	0.02%
DAY	D	0.03%	0.04%	0.03%
DD	B	0.14%	0.07%	0.07%
DELL	D	0.1%	0.05%	0.05%
DFS	B	0.14%	0.08%	0.08%
DIS	D	0.67%	0.2%	0.2%
DKS	D	0.05%	0.02%	0.02%
DLR	B	0.2%	0.16%	0.16%
DLTR	F	0.07%	0.03%	0.03%
DOV	B	0.1%	0.07%	0.07%
DOW	D	0.15%	0.06%	0.06%
DPZ	F	0.04%	0.06%	0.04%
DRI	B	0.04%	0.04%	0.04%
EA	D	0.16%	0.1%	0.1%
EBAY	B	0.12%	0.05%	0.05%
ECL	B	0.03%	0.15%	0.03%
EFX	B	0.12%	0.16%	0.12%
EL	F	0.05%	0.08%	0.05%
ELS	C	0.05%	0.04%	0.04%
EME	B	0.04%	0.08%	0.04%
EPAM	F	0.04%	0.02%	0.02%
EQIX	C	0.3%	0.34%	0.3%
EQR	B	0.11%	0.05%	0.05%
EQT	D	0.07%	0.05%	0.05%
ESS	B	0.08%	0.04%	0.04%
ETN	C	0.49%	0.29%	0.29%
EW	F	0.14%	0.17%	0.14%
EXAS	C	0.03%	0.05%	0.03%
EXR	B	0.15%	0.06%	0.06%
FAST	C	0.02%	0.17%	0.02%
FCNCA	D	0.1%	0.1%	0.1%
FDS	C	0.04%	0.07%	0.04%
FFIV	B	0.05%	0.02%	0.02%
FICO	B	0.03%	0.19%	0.03%
FND	C	0.03%	0.05%	0.03%
FSLR	C	0.1%	0.1%	0.1%
FTNT	C	0.04%	0.2%	0.04%
FTV	C	0.1%	0.08%	0.08%
GE	B	0.6%	0.44%	0.44%
GEHC	C	0.13%	0.06%	0.06%
GEV	B	0.22%	0.13%	0.13%
GGG	C	0.06%	0.06%	0.06%
GPC	D	0.08%	0.03%	0.03%
GPN	D	0.11%	0.05%	0.05%
GRMN	D	0.11%	0.07%	0.07%
GWW	B	0.02%	0.19%	0.02%
HAL	F	0.11%	0.06%	0.06%
HES	F	0.05%	0.15%	0.05%
HII	D	0.04%	0.03%	0.03%
HLT	B	0.11%	0.22%	0.11%
HOOD	C	0.05%	0.05%	0.05%
HRL	C	0.04%	0.01%	0.01%
HSY	C	0.1%	0.07%	0.07%
HUBB	B	0.09%	0.09%	0.09%
HWM	B	0.15%	0.16%	0.15%
IBKR	B	0.05%	0.06%	0.05%
ICE	C	0.37%	0.07%	0.07%
IEX	D	0.06%	0.06%	0.06%
ILMN	C	0.08%	0.09%	0.08%
INCY	C	0.05%	0.02%	0.02%
INVH	C	0.09%	0.09%	0.09%
IQV	C	0.16%	0.12%	0.12%
IR	C	0.15%	0.15%	0.15%
IRM	C	0.06%	0.07%	0.06%
J	C	0.08%	0.05%	0.05%
JBHT	D	0.06%	0.04%	0.04%
JBL	D	0.05%	0.03%	0.03%
JCI	B	0.17%	0.12%	0.12%
JKHY	B	0.05%	0.05%	0.05%
KDP	B	0.16%	0.06%	0.06%
KEYS	C	0.11%	0.05%	0.05%
KIM	C	0.06%	0.05%	0.05%
KKR	B	0.24%	0.1%	0.1%
KMB	D	0.11%	0.07%	0.07%
KMX	D	0.05%	0.03%	0.03%
LDOS	B	0.09%	0.04%	0.04%
LECO	F	0.03%	0.04%	0.03%
LIN	B	0.92%	0.17%	0.17%
LNG	C	0.08%	0.05%	0.05%
LUV	C	0.07%	0.03%	0.03%
LW	D	0.02%	0.04%	0.02%
MAA	B	0.08%	0.03%	0.03%
MAR	C	0.22%	0.04%	0.04%
MAS	B	0.07%	0.03%	0.03%
MCD	B	0.78%	0.19%	0.19%
MCHP	F	0.17%	0.07%	0.07%
MCK	F	0.17%	0.09%	0.09%
MGM	F	0.04%	0.02%	0.02%
MKC	C	0.08%	0.05%	0.05%
MKL	C	0.06%	0.05%	0.05%
MLM	D	0.12%	0.13%	0.12%
MMC	C	0.39%	0.13%	0.13%
MNST	D	0.03%	0.16%	0.03%
MOH	D	0.03%	0.05%	0.03%
MRNA	F	0.1%	0.04%	0.04%
MRVL	C	0.24%	0.27%	0.24%
MSCI	C	0.08%	0.19%	0.08%
MSI	B	0.15%	0.1%	0.1%
MSTR	D	0.08%	0.05%	0.05%
MTD	D	0.12%	0.12%	0.12%
NDAQ	A	0.12%	0.05%	0.05%
NDSN	C	0.06%	0.05%	0.05%
NEM	B	0.25%	0.15%	0.15%
NKE	D	0.15%	0.09%	0.09%
NRG	C	0.04%	0.02%	0.02%
NTAP	D	0.06%	0.05%	0.05%
NTNX	C	0.04%	0.06%	0.04%
NVT	D	0.05%	0.05%	0.05%
O	C	0.21%	0.08%	0.08%
OKTA	F	0.03%	0.05%	0.03%
ON	D	0.13%	0.05%	0.05%
ORLY	C	0.02%	0.07%	0.02%
OTIS	C	0.15%	0.1%	0.1%
PAYC	D	0.01%	0.04%	0.01%
PAYX	C	0.11%	0.18%	0.11%
PCG	C	0.17%	0.07%	0.07%
PFGC	B	0.04%	0.05%	0.04%
PGR	B	0.09%	0.33%	0.09%
PH	B	0.31%	0.14%	0.14%
PHM	B	0.11%	0.05%	0.05%
PLD	C	0.47%	0.13%	0.13%
PNR	B	0.06%	0.05%	0.05%
PPG	D	0.12%	0.05%	0.05%
PSA	B	0.18%	0.11%	0.11%
PSTG	F	0.01%	0.06%	0.01%
PTC	D	0.03%	0.09%	0.03%
PWR	B	0.11%	0.16%	0.11%
QRVO	F	0.04%	0.02%	0.02%
RCL	B	0.1%	0.11%	0.1%
REG	C	0.05%	0.02%	0.02%
RJF	C	0.09%	0.06%	0.06%
RMD	C	0.1%	0.15%	0.1%
ROK	D	0.11%	0.13%	0.11%
ROP	C	0.24%	0.11%	0.11%
ROST	C	0.15%	0.21%	0.15%
RPM	B	0.05%	0.04%	0.04%
RRX	C	0.04%	0.02%	0.02%
RSG	D	0.17%	0.05%	0.05%
SAIA	D	0.02%	0.05%	0.02%
SBAC	C	0.1%	0.11%	0.1%
SBUX	C	0.1%	0.16%	0.1%
SCI	B	0.04%	0.03%	0.03%
SHW	B	0.03%	0.12%	0.03%
SLB	F	0.25%	0.04%	0.04%
SNA	C	0.06%	0.02%	0.02%
SPGI	B	0.64%	0.29%	0.29%
SQ	D	0.09%	0.15%	0.09%
STE	C	0.1%	0.1%	0.1%
STZ	D	0.15%	0.09%	0.09%
SUI	B	0.07%	0.08%	0.07%
SWK	B	0.06%	0.03%	0.03%
SYK	C	0.37%	0.22%	0.22%
SYY	D	0.06%	0.16%	0.06%
TDG	B	0.24%	0.32%	0.24%
TDY	B	0.08%	0.05%	0.05%
TECH	C	0.05%	0.05%	0.05%
TER	D	0.01%	0.04%	0.01%
TFX	C	0.05%	0.02%	0.02%
TJX	B	0.22%	0.16%	0.16%
TMO	B	0.94%	0.15%	0.15%
TMUS	C	0.39%	0.07%	0.07%
TOL	B	0.06%	0.02%	0.02%
TRMB	C	0.06%	0.04%	0.04%
TRU	B	0.07%	0.08%	0.07%
TRV	C	0.21%	0.1%	0.1%
TSN	C	0.07%	0.04%	0.04%
TT	B	0.22%	0.18%	0.18%
TTEK	C	0.04%	0.05%	0.04%
TTWO	C	0.11%	0.1%	0.1%
TW	B	0.03%	0.06%	0.03%
TWLO	D	0.04%	0.04%	0.04%
TXT	D	0.07%	0.03%	0.03%
TYL	C	0.02%	0.1%	0.02%
U	D	0.01%	0.02%	0.01%
UDR	C	0.06%	0.04%	0.04%
UHAL	A	0.02%	0.01%	0.01%
UHAL	A	0.0%	0.0%	0.0%
UHAL	A	0.0%	0.01%	0.0%
UHAL	A	0.02%	0.0%	0.0%
UHS	B	0.06%	0.03%	0.03%
ULTA	D	0.01%	0.04%	0.01%
UNH	C	2.03%	0.31%	0.31%
URI	B	0.15%	0.1%	0.1%
USFD	B	0.05%	0.03%	0.03%
VLTO	C	0.06%	0.06%	0.06%
VMC	D	0.1%	0.13%	0.1%
VRSN	D	0.06%	0.07%	0.06%
VRTX	D	0.26%	0.24%	0.24%
VTR	C	0.1%	0.04%	0.04%
WAB	B	0.12%	0.12%	0.12%
WAT	C	0.03%	0.05%	0.03%
WELL	C	0.29%	0.12%	0.12%
WLK	D	0.02%	0.01%	0.01%
WMS	D	0.03%	0.04%	0.03%
WRB	C	0.07%	0.04%	0.04%
WSM	D	0.03%	0.05%	0.03%
WSO	C	0.07%	0.07%	0.07%
WST	D	0.04%	0.09%	0.04%
WTRG	D	0.04%	0.01%	0.01%
WTW	C	0.12%	0.06%	0.06%
WYNN	D	0.03%	0.03%	0.03%
XYL	C	0.13%	0.13%	0.13%
YUM	D	0.09%	0.16%	0.09%
ZBH	F	0.09%	0.05%	0.05%
ZBRA	B	0.06%	0.06%	0.06%
ZTS	C	0.06%	0.16%	0.06%

VONV Overweight 565 Positions Relative to ILCG

Symbol	Grade	Weight
BRK.A	C	3.5%
JPM	D	2.59%
XOM	C	2.12%
JNJ	C	1.61%
WMT	C	1.35%
PG	C	1.26%
BAC	D	1.11%
CVX	D	1.02%
WFC	D	0.82%
CSCO	C	0.82%
ABT	C	0.79%
ABBV	C	0.79%
PM	C	0.77%
IBM	B	0.74%
DHR	B	0.72%
VZ	B	0.71%
TXN	C	0.69%
RTX	C	0.66%
PFE	C	0.66%
NEE	C	0.66%
CMCSA	D	0.62%
LOW	B	0.57%
T	C	0.57%
COP	D	0.54%
BLK	B	0.53%
C	C	0.48%
KO	C	0.48%
GS	C	0.47%
MDT	C	0.47%
REGN	C	0.46%
HON	D	0.46%
CB	B	0.46%
MS	D	0.45%
ELV	C	0.44%
MU	F	0.43%
BMY	C	0.41%
GILD	B	0.4%
MDLZ	B	0.39%
DE	B	0.39%
UPS	D	0.38%
INTC	F	0.38%
SO	B	0.38%
CI	C	0.37%
MO	C	0.37%
SCHW	D	0.35%
DUK	C	0.35%
BA	F	0.34%
UNP	C	0.33%
GD	B	0.33%
LMT	C	0.33%
USB	B	0.3%
HD	B	0.3%
EOG	D	0.3%
PYPL	B	0.3%
TGT	C	0.29%
CVS	D	0.29%
NOC	B	0.29%
PNC	B	0.29%
BDX	D	0.28%
CSX	D	0.27%
FDX	C	0.27%
APD	B	0.25%
MPC	F	0.25%
AFL	C	0.25%
FCX	D	0.25%
TFC	C	0.24%
PSX	F	0.24%
EMR	D	0.24%
MMM	B	0.24%
GM	C	0.23%
HCA	B	0.23%
NSC	C	0.23%
OKE	B	0.22%
COF	B	0.22%
WMB	B	0.22%
DHI	B	0.22%
AIG	D	0.21%
SRE	C	0.21%
CEG	C	0.21%
AEP	C	0.21%
CCI	C	0.2%
PCAR	D	0.2%
PEP	C	0.2%
BK	B	0.2%
MET	B	0.19%
FIS	B	0.19%
ITW	C	0.19%
VLO	F	0.19%
F	F	0.18%
LEN	B	0.18%
LHX	C	0.18%
KMI	B	0.17%
KVUE	C	0.17%
CNC	D	0.17%
HUM	F	0.17%
PRU	C	0.17%
CTSH	C	0.16%
AMGN	B	0.16%
PEG	B	0.16%
SPG	B	0.16%
GIS	B	0.16%
NUE	F	0.15%
OXY	F	0.15%
EXC	C	0.15%
XEL	B	0.14%
HIG	B	0.14%
FANG	D	0.14%
VICI	C	0.14%
ED	C	0.14%
KR	C	0.14%
KHC	C	0.13%
GLW	C	0.13%
CHTR	D	0.13%
EIX	C	0.13%
FITB	B	0.12%
WEC	C	0.12%
BIIB	F	0.12%
ADM	D	0.12%
STT	A	0.11%
IFF	B	0.11%
HPQ	D	0.11%
NVR	B	0.11%
DVN	F	0.11%
MTB	B	0.11%
ES	C	0.1%
HPE	D	0.1%
FE	C	0.1%
LYB	D	0.1%
ETR	B	0.1%
DTE	C	0.1%
WDC	D	0.09%
RF	B	0.09%
HBAN	B	0.09%
BBY	C	0.09%
CBOE	C	0.09%
AEE	C	0.09%
WY	C	0.09%
TROW	D	0.09%
PPL	C	0.09%
HOLX	B	0.08%
PFG	B	0.08%
WBD	D	0.08%
BAX	C	0.08%
OMC	B	0.08%
ATO	B	0.08%
CFG	C	0.08%
SYF	C	0.08%
K	B	0.08%
RS	D	0.07%
MRO	C	0.07%
AMCR	B	0.07%
CCL	C	0.07%
IP	B	0.07%
ZM	C	0.07%
CNP	C	0.07%
DGX	B	0.07%
SWKS	D	0.07%
STLD	F	0.07%
DG	F	0.07%
NTRS	A	0.07%
PKG	B	0.07%
EG	C	0.06%
BG	D	0.06%
VTRS	D	0.06%
UAL	C	0.06%
RGA	C	0.06%
OC	D	0.06%
EXPD	C	0.06%
NI	B	0.06%
L	C	0.06%
CAG	C	0.06%
LNT	B	0.06%
FNF	B	0.06%
CF	C	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%
RPRX	C	0.05%
ITT	B	0.05%
OVV	F	0.05%
FTI	D	0.05%
EWBC	D	0.05%
CUBE	B	0.05%
RIVN	F	0.05%
BXP	B	0.05%
SJM	C	0.05%
CHRW	B	0.05%
EMN	B	0.05%
CW	B	0.05%
SW	B	0.05%
QCOM	D	0.05%
AES	C	0.05%
IPG	C	0.05%
HST	C	0.05%
JNPR	B	0.05%
WPC	C	0.05%
EVRG	B	0.05%
RNR	C	0.05%
GLPI	C	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%
SOLV	C	0.04%
EGP	B	0.04%
MKTX	C	0.04%
HSIC	C	0.04%
CNH	D	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%
CHRD	F	0.04%
EHC	C	0.04%
RGLD	C	0.04%
TPR	C	0.04%
TAP	D	0.04%
FRT	C	0.04%
CPB	C	0.04%
ARMK	B	0.04%
TTC	D	0.04%
GL	C	0.04%
OHI	B	0.04%
CHK	D	0.04%
MTCH	C	0.04%
FOXA	B	0.04%
WWD	D	0.04%
PNW	C	0.04%
DOX	C	0.04%
AFRM	C	0.04%
QGEN	C	0.04%
ATR	B	0.04%
AIZ	B	0.04%
ALLY	F	0.04%
COHR	C	0.04%
APA	F	0.04%
CVNA	B	0.04%
UNM	B	0.04%
CACI	B	0.04%
NWSA	D	0.04%
REXR	C	0.04%
CTLT	B	0.04%
LKQ	F	0.04%
CAH	C	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%
AAL	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%
XP	D	0.03%
MSA	D	0.03%
MTG	B	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%
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%
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%
ROKU	C	0.03%
ARW	C	0.03%
BRBR	C	0.03%
HLI	B	0.03%
STAG	C	0.03%
ACHC	C	0.03%
BWXT	D	0.03%
FR	B	0.03%
MKSI	F	0.03%
MIDD	D	0.03%
PNFP	B	0.03%
CRBG	D	0.03%
CMA	B	0.03%
ELAN	D	0.03%
CBSH	C	0.03%
DTM	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%
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%
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%
JLL	B	0.03%
KBR	D	0.03%
SKX	D	0.03%
X	F	0.03%
RBC	C	0.03%
NNN	C	0.03%
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%
SITE	C	0.02%
CPRI	D	0.02%
DOCS	B	0.02%
CLF	F	0.02%
BYD	C	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%
AL	D	0.02%
SEE	D	0.02%
SLM	D	0.02%
JHG	B	0.02%
AVT	C	0.02%
WSC	D	0.02%
FOX	B	0.02%
SN	B	0.02%
IDA	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%
WH	B	0.02%
PVH	F	0.02%
AGCO	D	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%
GXO	D	0.02%
ESAB	C	0.02%
RLI	B	0.02%
ESI	D	0.02%
VNO	B	0.02%
MTSI	D	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%
LPX	B	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%
VAC	F	0.01%
MPW	C	0.01%
AAP	F	0.01%
CC	F	0.01%
COLM	C	0.01%
AZTA	F	0.01%
RKT	C	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%
ZI	D	0.01%
FHB	D	0.01%
AM	C	0.01%
AMED	C	0.01%
PAG	D	0.01%
NVST	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%
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%
AMKR	F	0.01%
GTES	C	0.01%
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 113 Positions Relative to ILCG

Symbol	Grade	Weight
MSFT	C	-13.36%
NVDA	D	-11.84%
AMZN	C	-7.32%
AAPL	C	-6.7%
LLY	C	-3.26%
META	B	-2.72%
TSLA	C	-2.67%
GOOGL	D	-1.99%
V	C	-1.89%
AVGO	C	-1.78%
GOOG	D	-1.78%
MA	B	-1.7%
NFLX	B	-1.25%
ADBE	F	-1.0%
COST	B	-0.78%
INTU	C	-0.77%
NOW	B	-0.75%
ISRG	B	-0.72%
UBER	C	-0.61%
PANW	D	-0.47%
MRK	D	-0.44%
MELI	B	-0.43%
ANET	B	-0.39%
CMG	C	-0.32%
ORCL	C	-0.31%
SNPS	D	-0.31%
PLTR	B	-0.3%
CDNS	D	-0.3%
CRWD	D	-0.25%
ADSK	C	-0.24%
WDAY	D	-0.22%
ABNB	D	-0.21%
BX	B	-0.21%
TTD	B	-0.2%
MPWR	C	-0.18%
MCO	B	-0.18%
IDXX	C	-0.17%
SNOW	F	-0.16%
VRSK	D	-0.16%
LRCX	F	-0.16%
IT	B	-0.16%
KLAC	D	-0.16%
ODFL	D	-0.15%
DDOG	D	-0.14%
VRT	C	-0.13%
VEEV	C	-0.13%
LULU	D	-0.12%
HUBS	D	-0.11%
TEAM	D	-0.11%
ARES	B	-0.11%
AXON	B	-0.11%
DXCM	F	-0.11%
APP	C	-0.1%
TEL	D	-0.1%
NET	D	-0.1%
RBLX	B	-0.1%
DECK	C	-0.1%
FI	A	-0.09%
MDB	D	-0.09%
TSCO	C	-0.09%
WM	D	-0.09%
COR	D	-0.09%
SMCI	F	-0.09%
CPNG	B	-0.08%
LII	B	-0.08%
GDDY	C	-0.08%
ZS	F	-0.07%
COO	B	-0.07%
TPL	B	-0.07%
CPAY	B	-0.07%
LVS	D	-0.07%
PODD	B	-0.07%
MANH	B	-0.07%
FWONK	C	-0.07%
VST	C	-0.07%
BURL	B	-0.07%
TRGP	B	-0.06%
DT	C	-0.06%
LYV	B	-0.06%
ROL	C	-0.06%
ENPH	D	-0.06%
LPLA	D	-0.06%
BAH	C	-0.06%
NTRA	C	-0.06%
HEI	B	-0.06%
HEI	B	-0.05%
SRPT	D	-0.05%
DOCU	C	-0.05%
WING	B	-0.05%
NBIX	F	-0.05%
FIX	B	-0.05%
CLX	C	-0.05%
ERIE	B	-0.05%
MORN	C	-0.04%
XPO	D	-0.04%
EXPE	C	-0.04%
MEDP	F	-0.04%
PINS	F	-0.04%
CHDN	C	-0.04%
DKNG	C	-0.04%
ENTG	F	-0.04%
SNAP	F	-0.04%
AZPN	B	-0.03%
RVTY	B	-0.03%
POOL	C	-0.03%
BSY	D	-0.03%
GEN	B	-0.03%
DVA	B	-0.02%
FLEX	C	-0.02%
PCOR	F	-0.02%
CELH	F	-0.02%
FWONA	C	-0.01%
ALAB	D	-0.0%