VONV vs. IQSU ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to IQ Candriam ESG US Equity ETF (IQSU)

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

$84.86

Average Daily Volume

365,893

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

IQSU

IQ Candriam ESG US Equity ETF

IQSU Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the IQ Candriam ESG US Equity Index. The Advisor employs a passive management - or indexing - investment approach designed to track the performance of the underlying index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology.

Grade (RS Rating)

Last Trade

$48.93

Average Daily Volume

10,934

Number of Holdings ^*

281

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IQSU
30 Days	-0.16%	1.73%
60 Days	2.98%	3.34%
90 Days	5.74%	4.79%
12 Months	27.18%	23.58%

237 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IQSU	Overlap
	ACGL	D	0.16%	0.14%	0.14%
	ACN	C	0.88%	0.94%	0.88%
	ADI	D	0.45%	0.43%	0.43%
	ADM	D	0.11%	0.1%	0.1%
	ADP	B	0.03%	0.49%	0.03%
	AFL	C	0.25%	0.22%	0.22%
	AGR	A	0.01%	0.01%	0.01%
	AIG	C	0.19%	0.19%	0.19%
	AJG	B	0.22%	0.25%	0.22%
	AKAM	F	0.06%	0.05%	0.05%
	ALL	A	0.17%	0.2%	0.17%
	ALNY	D	0.02%	0.13%	0.02%
	AMAT	F	0.05%	0.6%	0.05%
	AMD	F	0.36%	0.89%	0.36%
	AMP	A	0.02%	0.22%	0.02%
	ANSS	B	0.11%	0.12%	0.11%
	APD	A	0.26%	0.27%	0.26%
	APO	A	0.07%	0.26%	0.07%
	APTV	F	0.08%	0.06%	0.06%
	ARE	F	0.08%	0.06%	0.06%
	AVB	B	0.13%	0.13%	0.13%
	AVTR	F	0.07%	0.05%	0.05%
	AWK	C	0.11%	0.1%	0.1%
	AXP	B	0.38%	0.64%	0.38%
	AZO	C	0.02%	0.21%	0.02%
	BAC	A	1.07%	1.21%	1.07%
	BALL	D	0.08%	0.07%	0.07%
	BBY	D	0.09%	0.07%	0.07%
	BIIB	F	0.11%	0.09%	0.09%
	BK	B	0.21%	0.23%	0.21%
	BKR	B	0.14%	0.17%	0.14%
	BMRN	F	0.05%	0.05%	0.05%
	BMY	A	0.42%	0.47%	0.42%
	BR	B	0.01%	0.1%	0.01%
	C	B	0.47%	0.5%	0.47%
	CAG	F	0.06%	0.05%	0.05%
	CAH	B	0.04%	0.12%	0.04%
	CARR	D	0.22%	0.23%	0.22%
	CBOE	C	0.09%	0.08%	0.08%
	CBRE	B	0.15%	0.16%	0.15%
	CCI	C	0.2%	0.17%	0.17%
	CDW	F	0.06%	0.1%	0.06%
	CFG	B	0.07%	0.08%	0.07%
	CHD	A	0.1%	0.1%	0.1%
	CHTR	B	0.12%	0.15%	0.12%
	CI	D	0.35%	0.37%	0.35%
	CL	D	0.15%	0.29%	0.15%
	CMCSA	B	0.63%	0.66%	0.63%
	CME	A	0.31%	0.32%	0.31%
	COF	B	0.22%	0.27%	0.22%
	CPB	D	0.04%	0.03%	0.03%
	CRM	B	0.15%	1.25%	0.15%
	CSCO	B	0.85%	0.92%	0.85%
	CTAS	B	0.01%	0.3%	0.01%
	CTSH	C	0.15%	0.16%	0.15%
	DASH	A	0.02%	0.22%	0.02%
	DD	D	0.15%	0.12%	0.12%
	DELL	B	0.11%	0.14%	0.11%
	DFS	B	0.14%	0.17%	0.14%
	DG	F	0.07%	0.06%	0.06%
	DGX	A	0.07%	0.07%	0.07%
	DIS	B	0.7%	0.72%	0.7%
	DLR	A	0.21%	0.23%	0.21%
	DLTR	F	0.06%	0.05%	0.05%
	DOC	D	0.06%	0.06%	0.06%
	DOV	B	0.1%	0.11%	0.1%
	DOX	D	0.04%	0.04%	0.04%
	EA	A	0.15%	0.15%	0.15%
	EBAY	D	0.13%	0.12%	0.12%
	ECL	D	0.03%	0.24%	0.03%
	ED	C	0.14%	0.13%	0.13%
	EFX	F	0.11%	0.13%	0.11%
	EG	D	0.06%	0.06%	0.06%
	EL	F	0.06%	0.05%	0.05%
	ELV	F	0.4%	0.38%	0.38%
	EMR	A	0.25%	0.28%	0.25%
	EQIX	A	0.31%	0.33%	0.31%
	EQR	C	0.11%	0.1%	0.1%
	ES	C	0.09%	0.08%	0.08%
	ESS	A	0.07%	0.07%	0.07%
	EW	C	0.13%	0.15%	0.13%
	EXC	C	0.16%	0.15%	0.15%
	EXPD	D	0.06%	0.06%	0.06%
	EXR	C	0.15%	0.13%	0.13%
	FAST	B	0.03%	0.19%	0.03%
	FCX	F	0.28%	0.24%	0.24%
	FDX	B	0.25%	0.25%	0.25%
	FI	A	0.28%	0.48%	0.28%
	FICO	B	0.03%	0.22%	0.03%
	FIS	C	0.19%	0.19%	0.19%
	FITB	B	0.12%	0.12%	0.12%
	FTNT	B	0.04%	0.24%	0.04%
	FTV	D	0.11%	0.1%	0.1%
	GE	D	0.64%	0.77%	0.64%
	GEN	B	0.06%	0.06%	0.06%
	GILD	C	0.41%	0.46%	0.41%
	GIS	F	0.16%	0.14%	0.14%
	GLW	B	0.14%	0.14%	0.14%
	GPN	C	0.1%	0.12%	0.1%
	GWW	B	0.02%	0.19%	0.02%
	HAL	C	0.1%	0.11%	0.1%
	HBAN	B	0.08%	0.1%	0.08%
	HD	A	0.32%	1.55%	0.32%
	HIG	B	0.14%	0.14%	0.14%
	HLT	A	0.11%	0.24%	0.11%
	HOLX	D	0.07%	0.07%	0.07%
	HPE	B	0.11%	0.11%	0.11%
	HPQ	B	0.11%	0.14%	0.11%
	HRL	D	0.04%	0.03%	0.03%
	HSY	F	0.1%	0.1%	0.1%
	HUM	D	0.15%	0.13%	0.13%
	IBM	C	0.8%	0.75%	0.75%
	ICE	C	0.36%	0.34%	0.34%
	IFF	D	0.11%	0.09%	0.09%
	INCY	C	0.04%	0.06%	0.04%
	INTC	C	0.4%	0.4%	0.4%
	INVH	D	0.09%	0.07%	0.07%
	IR	B	0.16%	0.16%	0.16%
	IRM	C	0.06%	0.13%	0.06%
	ITW	B	0.19%	0.32%	0.19%
	JBHT	C	0.06%	0.06%	0.06%
	JCI	B	0.17%	0.22%	0.17%
	K	B	0.08%	0.08%	0.08%
	KDP	D	0.16%	0.14%	0.14%
	KEY	B	0.06%	0.07%	0.06%
	KEYS	C	0.11%	0.11%	0.11%
	KHC	F	0.12%	0.1%	0.1%
	KKR	A	0.25%	0.4%	0.25%
	KMB	C	0.11%	0.17%	0.11%
	KMI	A	0.17%	0.21%	0.17%
	KR	B	0.15%	0.15%	0.15%
	KVUE	A	0.18%	0.18%	0.18%
	LH	B	0.07%	0.08%	0.07%
	LIN	D	0.91%	0.85%	0.85%
	LNG	A	0.08%	0.19%	0.08%
	LOW	C	0.61%	0.6%	0.6%
	LYB	F	0.1%	0.08%	0.08%
	MAA	A	0.07%	0.07%	0.07%
	MAR	B	0.23%	0.27%	0.23%
	MAS	D	0.07%	0.07%	0.07%
	MDLZ	F	0.39%	0.35%	0.35%
	MET	A	0.19%	0.19%	0.19%
	MKC	D	0.08%	0.07%	0.07%
	MLM	B	0.12%	0.15%	0.12%
	MMC	D	0.38%	0.43%	0.38%
	MMM	D	0.24%	0.28%	0.24%
	MPC	D	0.23%	0.21%	0.21%
	MRVL	B	0.22%	0.31%	0.22%
	MS	A	0.45%	0.65%	0.45%
	MSCI	B	0.07%	0.18%	0.07%
	MSI	B	0.15%	0.32%	0.15%
	MTB	A	0.12%	0.14%	0.12%
	MTD	F	0.13%	0.1%	0.1%
	MU	D	0.45%	0.45%	0.45%
	NDAQ	A	0.12%	0.11%	0.11%
	NEE	C	0.69%	0.58%	0.58%
	NEM	D	0.24%	0.19%	0.19%
	NKE	F	0.16%	0.36%	0.16%
	NTAP	C	0.06%	0.1%	0.06%
	NTRS	A	0.07%	0.08%	0.07%
	NUE	D	0.14%	0.14%	0.14%
	NVR	D	0.11%	0.1%	0.1%
	OKE	A	0.21%	0.24%	0.21%
	OKTA	D	0.03%	0.05%	0.03%
	OMC	C	0.08%	0.08%	0.08%
	ON	F	0.12%	0.12%	0.12%
	OTIS	C	0.17%	0.16%	0.16%
	PAYX	B	0.11%	0.19%	0.11%
	PCG	A	0.17%	0.18%	0.17%
	PEG	C	0.18%	0.17%	0.17%
	PEP	F	0.19%	0.88%	0.19%
	PFG	C	0.08%	0.08%	0.08%
	PG	C	1.26%	1.52%	1.26%
	PGR	B	0.09%	0.6%	0.09%
	PH	B	0.32%	0.35%	0.32%
	PKG	B	0.08%	0.08%	0.08%
	PLD	D	0.46%	0.4%	0.4%
	PNC	B	0.29%	0.33%	0.29%
	PPG	F	0.12%	0.11%	0.11%
	PRU	B	0.17%	0.18%	0.17%
	PSA	C	0.19%	0.2%	0.19%
	PWR	A	0.12%	0.18%	0.12%
	PYPL	B	0.32%	0.35%	0.32%
	QCOM	F	0.05%	0.71%	0.05%
	RCL	A	0.11%	0.2%	0.11%
	RF	A	0.08%	0.09%	0.08%
	RJF	A	0.09%	0.12%	0.09%
	RMD	C	0.1%	0.14%	0.1%
	ROK	B	0.11%	0.12%	0.11%
	ROP	C	0.24%	0.23%	0.23%
	RPRX	F	0.04%	0.04%	0.04%
	SBAC	D	0.1%	0.09%	0.09%
	SBUX	A	0.1%	0.43%	0.1%
	SHW	C	0.03%	0.35%	0.03%
	SLB	C	0.24%	0.25%	0.24%
	SPG	A	0.16%	0.22%	0.16%
	SPGI	D	0.64%	0.61%	0.61%
	SRE	A	0.21%	0.23%	0.21%
	SSNC	C	0.06%	0.06%	0.06%
	STE	D	0.09%	0.08%	0.08%
	SWKS	F	0.06%	0.05%	0.05%
	SYF	B	0.08%	0.1%	0.08%
	SYY	D	0.06%	0.15%	0.06%
	TER	F	0.01%	0.06%	0.01%
	TFC	A	0.23%	0.24%	0.23%
	TGT	B	0.29%	0.28%	0.28%
	TJX	A	0.22%	0.53%	0.22%
	TRMB	B	0.06%	0.07%	0.06%
	TRU	D	0.08%	0.08%	0.08%
	TRV	A	0.21%	0.23%	0.21%
	TT	A	0.23%	0.36%	0.23%
	TTWO	A	0.1%	0.11%	0.1%
	TXN	C	0.65%	0.75%	0.65%
	ULTA	F	0.01%	0.07%	0.01%
	UNH	C	1.98%	2.2%	1.98%
	UPS	C	0.39%	0.37%	0.37%
	URI	B	0.16%	0.22%	0.16%
	USB	B	0.28%	0.29%	0.28%
	VLO	C	0.17%	0.17%	0.17%
	VMC	B	0.1%	0.15%	0.1%
	VRSN	F	0.06%	0.06%	0.06%
	VRTX	D	0.24%	0.49%	0.24%
	VTR	B	0.1%	0.1%	0.1%
	WAB	B	0.13%	0.14%	0.13%
	WAT	C	0.03%	0.09%	0.03%
	WBD	B	0.08%	0.08%	0.08%
	WDC	F	0.09%	0.08%	0.08%
	WELL	A	0.31%	0.32%	0.31%
	WMB	A	0.22%	0.27%	0.22%
	WST	D	0.03%	0.09%	0.03%
	WTW	B	0.12%	0.13%	0.12%
	WY	D	0.1%	0.09%	0.09%
	XYL	D	0.13%	0.12%	0.12%
	YUM	D	0.1%	0.15%	0.1%
	ZBH	C	0.09%	0.09%	0.09%
	ZBRA	B	0.06%	0.08%	0.06%
	ZTS	D	0.06%	0.31%	0.06%

VONV Overweight 607 Positions Relative to IQSU

	Symbol	Grade	Weight
	BRK.A	B	3.33%
	JPM	A	2.39%
	XOM	B	2.08%
	JNJ	D	1.55%
	WMT	A	1.39%
	CVX	A	1.0%
	TMO	F	0.93%
	MCD	D	0.81%
	ABBV	F	0.79%
	ABT	A	0.78%
	WFC	A	0.78%
	PM	A	0.75%
	VZ	C	0.75%
	DHR	D	0.71%
	PFE	F	0.65%
	CAT	C	0.65%
	RTX	D	0.64%
	T	A	0.62%
	BLK	B	0.55%
	ETN	B	0.52%
	BSX	A	0.49%
	COP	B	0.49%
	KO	D	0.47%
	MDT	D	0.46%
	CB	C	0.46%
	HON	B	0.45%
	GS	B	0.45%
	DE	C	0.42%
	TMUS	B	0.4%
	REGN	F	0.4%
	SO	C	0.39%
	SYK	A	0.36%
	MO	A	0.35%
	DUK	C	0.35%
	LMT	D	0.34%
	SCHW	A	0.34%
	GD	D	0.33%
	UNP	D	0.31%
	CVS	F	0.31%
	NOC	D	0.29%
	BA	D	0.29%
	BDX	F	0.28%
	EOG	A	0.28%
	CSX	C	0.27%
	AON	B	0.27%
	CEG	C	0.27%
	GEV	A	0.27%
	TDG	D	0.25%
	HCA	F	0.23%
	PSX	C	0.22%
	O	C	0.22%
	NSC	B	0.22%
	DHI	D	0.22%
	AEP	C	0.21%
	GM	B	0.2%
	PCAR	C	0.2%
	D	C	0.19%
	LEN	D	0.18%
	LHX	B	0.18%
	MCHP	F	0.17%
	A	F	0.17%
	CMI	A	0.17%
	CNC	F	0.16%
	AME	A	0.16%
	STZ	D	0.16%
	CTVA	C	0.16%
	RSG	A	0.16%
	F	C	0.16%
	GEHC	D	0.15%
	IQV	F	0.15%
	ROST	D	0.15%
	HWM	A	0.15%
	AMGN	D	0.15%
	DOW	F	0.15%
	OXY	F	0.14%
	VICI	C	0.14%
	XEL	A	0.14%
	MCK	A	0.14%
	APH	B	0.13%
	FANG	D	0.13%
	DAL	A	0.13%
	EIX	C	0.13%
	PHM	D	0.12%
	WEC	A	0.12%
	CSGP	F	0.12%
	DTE	C	0.11%
	FSLR	F	0.11%
	STT	B	0.11%
	GRMN	B	0.11%
	ETR	A	0.11%
	PPL	A	0.1%
	DVN	F	0.1%
	MSTR	A	0.1%
	SW	A	0.1%
	FE	C	0.1%
	SQ	A	0.09%
	MRNA	F	0.09%
	LDOS	C	0.09%
	FCNCA	A	0.09%
	HUBB	B	0.09%
	AEE	A	0.09%
	TROW	B	0.09%
	BAX	F	0.08%
	GPC	F	0.08%
	TDY	B	0.08%
	EQT	A	0.08%
	ILMN	C	0.08%
	CINF	A	0.08%
	ATO	A	0.08%
	CMS	C	0.08%
	BLDR	D	0.08%
	TXT	D	0.07%
	RS	B	0.07%
	WRB	B	0.07%
	SUI	C	0.07%
	TSN	B	0.07%
	IP	A	0.07%
	SWK	F	0.07%
	WSO	A	0.07%
	LUV	B	0.07%
	CTRA	B	0.07%
	CSL	C	0.07%
	ZM	B	0.07%
	CCL	A	0.07%
	CNP	A	0.07%
	UAL	A	0.07%
	STLD	B	0.07%
	RNR	C	0.06%
	ACM	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	AES	F	0.06%
	RGA	B	0.06%
	GGG	B	0.06%
	IBKR	A	0.06%
	RBA	A	0.06%
	MRO	A	0.06%
	SNA	B	0.06%
	UDR	C	0.06%
	NDSN	D	0.06%
	VLTO	C	0.06%
	OC	A	0.06%
	KIM	A	0.06%
	MKL	A	0.06%
	HOOD	A	0.06%
	NI	A	0.06%
	LNT	A	0.06%
	CF	A	0.06%
	UTHR	C	0.06%
	TOL	B	0.06%
	RVTY	D	0.06%
	THC	C	0.06%
	FNF	A	0.06%
	PNR	B	0.06%
	IEX	B	0.06%
	AMCR	D	0.06%
	J	D	0.06%
	EWBC	A	0.05%
	CASY	A	0.05%
	NVT	C	0.05%
	TFX	F	0.05%
	COHR	B	0.05%
	BLD	F	0.05%
	RPM	B	0.05%
	IPG	F	0.05%
	CUBE	C	0.05%
	EME	A	0.05%
	JBL	C	0.05%
	CLH	C	0.05%
	CVNA	A	0.05%
	HST	D	0.05%
	ITT	A	0.05%
	TECH	F	0.05%
	CW	B	0.05%
	SJM	D	0.05%
	BXP	D	0.05%
	JNPR	D	0.05%
	ALLE	D	0.05%
	CPT	C	0.05%
	CHRW	B	0.05%
	JKHY	D	0.05%
	FFIV	B	0.05%
	AMH	C	0.05%
	EMN	D	0.05%
	ELS	B	0.05%
	UHS	D	0.05%
	REG	A	0.05%
	HES	B	0.05%
	GLPI	C	0.05%
	WPC	C	0.05%
	BG	D	0.05%
	VTRS	A	0.05%
	EVRG	A	0.05%
	BRO	B	0.05%
	DCI	B	0.04%
	CIEN	B	0.04%
	APA	F	0.04%
	NYT	D	0.04%
	EGP	D	0.04%
	CZR	F	0.04%
	INGR	B	0.04%
	TTC	F	0.04%
	MGM	D	0.04%
	SNX	D	0.04%
	WYNN	D	0.04%
	EVR	B	0.04%
	PRI	A	0.04%
	RGLD	C	0.04%
	RIVN	F	0.04%
	DRI	C	0.04%
	WAL	B	0.04%
	HSIC	C	0.04%
	GL	C	0.04%
	SF	B	0.04%
	FRT	B	0.04%
	AFRM	A	0.04%
	CG	B	0.04%
	MKTX	D	0.04%
	EHC	B	0.04%
	SOLV	F	0.04%
	AA	A	0.04%
	MTCH	F	0.04%
	FOXA	B	0.04%
	AFG	A	0.04%
	CNH	C	0.04%
	WTRG	B	0.04%
	QRVO	F	0.04%
	DPZ	C	0.04%
	TTEK	F	0.04%
	OHI	B	0.04%
	OVV	C	0.04%
	PNW	B	0.04%
	NWSA	B	0.04%
	CRL	D	0.04%
	TAP	B	0.04%
	QGEN	F	0.04%
	ARMK	C	0.04%
	WWD	B	0.04%
	PFGC	B	0.04%
	NTNX	B	0.04%
	AIZ	A	0.04%
	LKQ	F	0.04%
	EPAM	C	0.04%
	HII	F	0.04%
	ATR	B	0.04%
	DKS	D	0.04%
	TPR	B	0.04%
	AOS	F	0.04%
	REXR	F	0.04%
	BJ	B	0.04%
	CE	F	0.04%
	FBIN	F	0.04%
	CTLT	D	0.04%
	UNM	A	0.04%
	RRX	B	0.04%
	AVY	D	0.04%
	ALB	B	0.04%
	CACI	C	0.04%
	NRG	B	0.04%
	CCK	D	0.04%
	FTI	A	0.04%
	SCI	A	0.04%
	FDS	B	0.04%
	KMX	C	0.04%
	LW	C	0.03%
	BPOP	C	0.03%
	MAT	D	0.03%
	OSK	C	0.03%
	WBA	F	0.03%
	PARA	D	0.03%
	IVZ	C	0.03%
	BIO	C	0.03%
	PB	A	0.03%
	MTG	D	0.03%
	LFUS	D	0.03%
	MSA	D	0.03%
	XP	F	0.03%
	CGNX	D	0.03%
	FAF	C	0.03%
	CFR	B	0.03%
	CRUS	F	0.03%
	RHI	C	0.03%
	ZION	B	0.03%
	LSTR	D	0.03%
	WMS	F	0.03%
	LBRDK	C	0.03%
	FLS	A	0.03%
	SOFI	A	0.03%
	JAZZ	C	0.03%
	AAL	B	0.03%
	SEIC	B	0.03%
	MKSI	C	0.03%
	BFAM	F	0.03%
	GNTX	F	0.03%
	PR	B	0.03%
	VNO	C	0.03%
	G	B	0.03%
	ARW	F	0.03%
	VFC	C	0.03%
	DINO	D	0.03%
	CROX	F	0.03%
	WTFC	B	0.03%
	STAG	D	0.03%
	KEX	B	0.03%
	HRB	D	0.03%
	CBSH	A	0.03%
	RGEN	F	0.03%
	SAIC	F	0.03%
	BBWI	C	0.03%
	ELAN	D	0.03%
	RRC	B	0.03%
	FR	C	0.03%
	MNST	C	0.03%
	SSD	D	0.03%
	WCC	B	0.03%
	MOH	F	0.03%
	MIDD	D	0.03%
	HLI	B	0.03%
	CRBG	B	0.03%
	PNFP	B	0.03%
	ADC	A	0.03%
	EXAS	D	0.03%
	APG	C	0.03%
	ONTO	F	0.03%
	JEF	A	0.03%
	DTM	A	0.03%
	Z	A	0.03%
	LECO	C	0.03%
	WEX	F	0.03%
	AGNC	C	0.03%
	MTZ	A	0.03%
	ACI	C	0.03%
	BERY	D	0.03%
	CR	A	0.03%
	RL	C	0.03%
	SWN	C	0.03%
	X	C	0.03%
	ALGN	D	0.03%
	BWXT	A	0.03%
	BRBR	A	0.03%
	KBR	F	0.03%
	COKE	C	0.03%
	CMA	B	0.03%
	WBS	A	0.03%
	AXTA	B	0.03%
	FCN	F	0.03%
	GMED	A	0.03%
	SKX	F	0.03%
	CHE	F	0.03%
	ROKU	D	0.03%
	COLD	F	0.03%
	VOYA	B	0.03%
	WSM	D	0.03%
	BWA	D	0.03%
	CHRD	F	0.03%
	DAY	B	0.03%
	GWRE	A	0.03%
	FMC	D	0.03%
	OGE	A	0.03%
	ATI	C	0.03%
	FND	F	0.03%
	AR	B	0.03%
	MHK	D	0.03%
	BRX	A	0.03%
	ALSN	B	0.03%
	TKO	A	0.03%
	PTC	B	0.03%
	ALLY	C	0.03%
	KNX	B	0.03%
	AYI	B	0.03%
	FHN	A	0.03%
	RBC	A	0.03%
	MOS	D	0.03%
	GME	C	0.03%
	LAD	B	0.03%
	TW	A	0.03%
	LAMR	D	0.03%
	FYBR	C	0.03%
	ORI	A	0.03%
	GPK	D	0.03%
	BKNG	A	0.03%
	NNN	C	0.03%
	JLL	D	0.03%
	TWLO	A	0.03%
	AWI	B	0.02%
	MSM	D	0.02%
	CLF	F	0.02%
	GFS	C	0.02%
	HUN	F	0.02%
	RH	D	0.02%
	IAC	D	0.02%
	BILL	B	0.02%
	AGO	A	0.02%
	PII	F	0.02%
	DBX	C	0.02%
	WTM	A	0.02%
	LITE	B	0.02%
	SITE	D	0.02%
	SLGN	A	0.02%
	M	D	0.02%
	EEFT	C	0.02%
	FLO	D	0.02%
	FRPT	A	0.02%
	ASH	F	0.02%
	UHAL	D	0.02%
	GAP	D	0.02%
	OZK	B	0.02%
	BYD	B	0.02%
	AN	D	0.02%
	CUZ	B	0.02%
	DLB	F	0.02%
	KRC	C	0.02%
	HOG	F	0.02%
	AL	B	0.02%
	RYN	D	0.02%
	PSN	C	0.02%
	AVT	C	0.02%
	GNRC	B	0.02%
	SAIA	C	0.02%
	CPRI	F	0.02%
	OLED	F	0.02%
	DOCS	C	0.02%
	SLM	B	0.02%
	ROIV	D	0.02%
	WSC	F	0.02%
	HXL	F	0.02%
	OGN	F	0.02%
	JHG	B	0.02%
	SEE	D	0.02%
	FNB	B	0.02%
	WLK	F	0.02%
	FOX	A	0.02%
	ORLY	B	0.02%
	W	D	0.02%
	KD	A	0.02%
	IDA	A	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	UGI	C	0.02%
	THG	A	0.02%
	ST	F	0.02%
	XRAY	D	0.02%
	LNC	B	0.02%
	SON	F	0.02%
	WH	B	0.02%
	MTDR	C	0.02%
	ZG	A	0.02%
	COLB	B	0.02%
	S	B	0.02%
	TKR	F	0.02%
	AMG	C	0.02%
	PVH	C	0.02%
	OLN	F	0.02%
	NFG	A	0.02%
	MDU	D	0.02%
	THO	C	0.02%
	SRCL	B	0.02%
	COIN	A	0.02%
	POST	C	0.02%
	ALK	A	0.02%
	WHR	B	0.02%
	BC	D	0.02%
	H	B	0.02%
	BEN	C	0.02%
	SIRI	D	0.02%
	ACHC	F	0.02%
	VMI	B	0.02%
	SN	D	0.02%
	DAR	B	0.02%
	OLLI	D	0.02%
	ESAB	C	0.02%
	RLI	A	0.02%
	AGCO	F	0.02%
	R	B	0.02%
	ESI	B	0.02%
	GXO	B	0.02%
	LEA	F	0.02%
	AXS	A	0.02%
	MTSI	B	0.02%
	SNV	B	0.02%
	STWD	C	0.02%
	NOV	D	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	CERT	F	0.01%
	LYFT	C	0.01%
	TRIP	F	0.01%
	WEN	C	0.01%
	FTRE	D	0.01%
	INFA	D	0.01%
	REYN	D	0.01%
	GO	C	0.01%
	PPC	B	0.01%
	LEG	F	0.01%
	LEN	D	0.01%
	PSTG	F	0.01%
	IPGP	D	0.01%
	BIRK	D	0.01%
	SAM	C	0.01%
	UAA	C	0.01%
	VSTS	F	0.01%
	PINC	B	0.01%
	AZEK	B	0.01%
	QS	D	0.01%
	BROS	A	0.01%
	GLOB	C	0.01%
	ADTN	A	0.01%
	LPX	B	0.01%
	HAYW	B	0.01%
	EXP	B	0.01%
	RCM	A	0.01%
	ETSY	D	0.01%
	JWN	C	0.01%
	BOKF	B	0.01%
	MP	C	0.01%
	AAP	D	0.01%
	CRI	F	0.01%
	KSS	F	0.01%
	ENOV	C	0.01%
	YETI	D	0.01%
	HHH	B	0.01%
	CNXC	F	0.01%
	VIRT	A	0.01%
	AZTA	F	0.01%
	SPB	C	0.01%
	SHC	F	0.01%
	VAC	C	0.01%
	RKT	F	0.01%
	CWEN	C	0.01%
	BRKR	F	0.01%
	MASI	B	0.01%
	CXT	C	0.01%
	BHF	C	0.01%
	ALGM	F	0.01%
	COLM	B	0.01%
	LOPE	B	0.01%
	CC	D	0.01%
	CNM	C	0.01%
	PENN	C	0.01%
	CLVT	D	0.01%
	PK	D	0.01%
	FHB	B	0.01%
	TNL	B	0.01%
	PAG	B	0.01%
	AMED	F	0.01%
	IRDM	F	0.01%
	CPRT	B	0.01%
	LCID	F	0.01%
	PAYC	B	0.01%
	NXST	C	0.01%
	AM	A	0.01%
	ZI	D	0.01%
	NWL	B	0.01%
	NSA	C	0.01%
	PLNT	A	0.01%
	NWS	A	0.01%
	MAN	F	0.01%
	SPR	D	0.01%
	WU	F	0.01%
	HIW	D	0.01%
	NVST	C	0.01%
	AMKR	F	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	DNB	B	0.01%
	PRGO	C	0.01%
	MSGS	B	0.01%
	GTES	A	0.01%
	TPG	A	0.01%
	DXC	D	0.01%
	EPR	D	0.01%
	NEU	D	0.01%
	CIVI	D	0.01%
	SMG	C	0.01%
	KMPR	A	0.01%
	TYL	B	0.01%
	U	F	0.01%
	UHAL	D	0.0%
	SEG	B	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	DJT	C	0.0%
	IONS	F	0.0%
	CHH	A	0.0%
	UI	A	0.0%
	PLTK	B	0.0%
	CACC	F	0.0%
	LBRDA	C	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	TXG	F	0.0%
	CWEN	C	0.0%
	SEB	F	0.0%
	CAR	C	0.0%
	PYCR	C	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	NCNO	B	0.0%
	HCP	B	0.0%
	AMC	D	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 44 Positions Relative to IQSU

	Symbol	Grade	Weight
	MSFT	D	-9.64%
	AAPL	C	-9.29%
	TSLA	A	-3.51%
	GOOGL	B	-2.9%
	GOOG	B	-2.61%
	V	A	-1.9%
	MA	B	-1.7%
	ADBE	D	-0.91%
	NOW	B	-0.83%
	INTU	B	-0.74%
	BX	A	-0.49%
	PANW	B	-0.49%
	LRCX	F	-0.38%
	WM	B	-0.36%
	MELI	D	-0.36%
	KLAC	F	-0.35%
	AMT	D	-0.35%
	SNPS	C	-0.33%
	CMG	C	-0.32%
	CDNS	B	-0.31%
	CRWD	B	-0.3%
	MCO	D	-0.29%
	ADSK	B	-0.26%
	WDAY	C	-0.22%
	ABNB	D	-0.22%
	VRSK	B	-0.16%
	IT	C	-0.16%
	TEAM	A	-0.15%
	SNOW	C	-0.15%
	VEEV	C	-0.14%
	IDXX	F	-0.14%
	LULU	C	-0.14%
	HUBS	B	-0.13%
	MPWR	F	-0.12%
	TSCO	D	-0.12%
	DXCM	C	-0.11%
	CPAY	A	-0.1%
	CLX	A	-0.08%
	MDB	C	-0.08%
	PINS	F	-0.07%
	ZS	B	-0.07%
	STX	D	-0.07%
	SNAP	D	-0.04%
	ENPH	F	-0.03%

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 Dow Jones Component Beverage Medicine

IQSU: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diversified Industrials Banks - Regional - US Semiconductors Credit Services Household & Personal Products Packaged Foods Software - Infrastructure Specialty Chemicals Asset Management Diagnostics & Research Specialty Retail Biotechnology Capital Markets Information Technology Services Internet Content & Information REIT - Residential Semiconductor Equipment & Materials Utilities - Regulated Electric

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Bank Dow Jones Component Semiconductor Banking Real Estate Investment Trust Electronics Integrated Circuits Investment Bank Work From Home Chemical Cloud Computing Disability Insurance Products Mobile Devices Telecommunications