VONV vs. IUS ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Invesco Strategic US ETF (IUS)

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

$86.76

Average Daily Volume

369,875

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.69

Average Daily Volume

54,222

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IUS
30 Days	2.60%	2.25%
60 Days	4.54%	3.56%
90 Days	6.20%	4.78%
12 Months	28.76%	26.40%

436 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IUS	Overlap
	A	D	0.15%	0.05%	0.05%
	AA	A	0.04%	0.04%	0.04%
	AAL	B	0.03%	0.03%	0.03%
	AAP	D	0.01%	0.02%	0.01%
	ABBV	F	0.82%	0.65%	0.65%
	ABT	B	0.78%	0.38%	0.38%
	ACGL	C	0.14%	0.11%	0.11%
	ACI	C	0.03%	0.12%	0.03%
	ACM	B	0.06%	0.05%	0.05%
	ACN	B	0.87%	0.47%	0.47%
	ADM	D	0.11%	0.27%	0.11%
	ADP	A	0.03%	0.17%	0.03%
	AES	F	0.05%	0.04%	0.04%
	AFG	A	0.04%	0.05%	0.04%
	AGCO	D	0.02%	0.04%	0.02%
	AIZ	A	0.04%	0.06%	0.04%
	AKAM	D	0.06%	0.04%	0.04%
	ALB	B	0.04%	0.05%	0.04%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.25%	0.17%
	AMAT	F	0.05%	0.22%	0.05%
	AMCR	C	0.06%	0.07%	0.06%
	AMD	F	0.32%	0.21%	0.21%
	AME	A	0.17%	0.06%	0.06%
	AMG	B	0.02%	0.04%	0.02%
	AMGN	F	0.15%	0.25%	0.15%
	AMKR	D	0.01%	0.03%	0.01%
	AN	C	0.02%	0.05%	0.02%
	ANSS	B	0.11%	0.03%	0.03%
	AON	A	0.29%	0.16%	0.16%
	AOS	F	0.04%	0.02%	0.02%
	APA	D	0.03%	0.05%	0.03%
	APD	A	0.28%	0.14%	0.14%
	APH	A	0.13%	0.1%	0.1%
	APTV	F	0.06%	0.06%	0.06%
	AR	B	0.03%	0.04%	0.03%
	ARMK	B	0.04%	0.05%	0.04%
	ARW	D	0.03%	0.08%	0.03%
	AVT	C	0.02%	0.06%	0.02%
	AVTR	F	0.06%	0.03%	0.03%
	AVY	F	0.04%	0.03%	0.03%
	AXP	A	0.38%	0.53%	0.38%
	AZO	C	0.02%	0.13%	0.02%
	BA	F	0.34%	0.11%	0.11%
	BALL	F	0.07%	0.05%	0.05%
	BAX	F	0.07%	0.07%	0.07%
	BBY	D	0.08%	0.14%	0.08%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.27%	0.16%	0.16%
	BEN	C	0.02%	0.03%	0.02%
	BERY	C	0.03%	0.06%	0.03%
	BG	D	0.05%	0.13%	0.05%
	BIIB	F	0.1%	0.05%	0.05%
	BJ	A	0.04%	0.05%	0.04%
	BKNG	A	0.04%	0.41%	0.04%
	BKR	A	0.15%	0.17%	0.15%
	BLDR	D	0.07%	0.12%	0.07%
	BMY	B	0.45%	0.65%	0.45%
	BR	A	0.01%	0.04%	0.01%
	BRK.A	B	3.3%	2.9%	2.9%
	BRO	B	0.06%	0.03%	0.03%
	BSX	A	0.49%	0.11%	0.11%
	BWA	D	0.03%	0.05%	0.03%
	CACI	D	0.05%	0.04%	0.04%
	CAG	F	0.06%	0.06%	0.06%
	CAH	B	0.04%	0.48%	0.04%
	CAR	C	0.0%	0.07%	0.0%
	CARR	C	0.2%	0.11%	0.11%
	CASY	A	0.05%	0.05%	0.05%
	CAT	B	0.63%	0.46%	0.46%
	CB	C	0.46%	0.42%	0.42%
	CBOE	C	0.09%	0.03%	0.03%
	CBRE	B	0.16%	0.14%	0.14%
	CCK	D	0.04%	0.05%	0.04%
	CCL	A	0.09%	0.11%	0.09%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.04%	0.03%	0.03%
	CEG	C	0.28%	0.04%	0.04%
	CF	A	0.06%	0.09%	0.06%
	CHD	A	0.1%	0.04%	0.04%
	CHRD	D	0.03%	0.04%	0.03%
	CHRW	B	0.05%	0.08%	0.05%
	CHTR	C	0.12%	0.34%	0.12%
	CI	D	0.32%	0.67%	0.32%
	CINF	A	0.09%	0.1%	0.09%
	CIVI	D	0.01%	0.04%	0.01%
	CL	D	0.14%	0.12%	0.12%
	CLF	F	0.02%	0.06%	0.02%
	CMCSA	B	0.67%	1.14%	0.67%
	CMI	A	0.18%	0.16%	0.16%
	CMS	C	0.08%	0.06%	0.06%
	CNC	D	0.13%	0.33%	0.13%
	CNM	D	0.01%	0.02%	0.01%
	CNP	A	0.07%	0.09%	0.07%
	COHR	B	0.05%	0.05%	0.05%
	COP	C	0.51%	0.67%	0.51%
	CPB	D	0.04%	0.03%	0.03%
	CPRI	F	0.01%	0.02%	0.01%
	CPRT	B	0.01%	0.03%	0.01%
	CRM	B	0.17%	0.53%	0.17%
	CSCO	B	0.89%	0.74%	0.74%
	CSGP	D	0.12%	0.02%	0.02%
	CSL	C	0.07%	0.05%	0.05%
	CSX	C	0.26%	0.22%	0.22%
	CTAS	B	0.01%	0.07%	0.01%
	CTRA	B	0.07%	0.12%	0.07%
	CTSH	B	0.15%	0.14%	0.14%
	CTVA	C	0.17%	0.13%	0.13%
	CVS	D	0.29%	0.98%	0.29%
	CVX	A	1.03%	1.6%	1.03%
	CZR	F	0.03%	0.05%	0.03%
	DAL	B	0.15%	0.05%	0.05%
	DAR	C	0.02%	0.03%	0.02%
	DASH	B	0.03%	0.07%	0.03%
	DD	C	0.14%	0.14%	0.14%
	DE	B	0.41%	0.37%	0.37%
	DELL	B	0.11%	0.23%	0.11%
	DG	F	0.07%	0.07%	0.07%
	DGX	A	0.07%	0.07%	0.07%
	DHI	F	0.2%	0.17%	0.17%
	DHR	F	0.63%	0.22%	0.22%
	DINO	D	0.02%	0.09%	0.02%
	DIS	B	0.71%	0.49%	0.49%
	DKS	D	0.04%	0.06%	0.04%
	DLTR	F	0.05%	0.06%	0.05%
	DOV	A	0.1%	0.05%	0.05%
	DOW	F	0.14%	0.19%	0.14%
	DOX	D	0.04%	0.04%	0.04%
	DRI	B	0.04%	0.06%	0.04%
	DTE	C	0.1%	0.1%	0.1%
	DVN	F	0.1%	0.12%	0.1%
	DXC	B	0.01%	0.09%	0.01%
	EA	A	0.16%	0.1%	0.1%
	EBAY	D	0.12%	0.12%	0.12%
	ECL	D	0.03%	0.08%	0.03%
	ED	C	0.14%	0.14%	0.14%
	EFX	F	0.1%	0.04%	0.04%
	EG	C	0.05%	0.09%	0.05%
	EL	F	0.04%	0.04%	0.04%
	ELAN	D	0.02%	0.02%	0.02%
	ELV	F	0.32%	0.41%	0.32%
	EME	A	0.05%	0.05%	0.05%
	EMN	C	0.05%	0.05%	0.05%
	EMR	B	0.25%	0.15%	0.15%
	EOG	A	0.28%	0.34%	0.28%
	EQIX	A	0.33%	0.09%	0.09%
	EQT	B	0.08%	0.09%	0.08%
	ETN	A	0.53%	0.17%	0.17%
	EW	C	0.13%	0.04%	0.04%
	EXC	C	0.16%	0.17%	0.16%
	EXPD	C	0.06%	0.08%	0.06%
	F	C	0.16%	0.56%	0.16%
	FAF	A	0.03%	0.04%	0.03%
	FANG	C	0.13%	0.15%	0.13%
	FAST	B	0.03%	0.07%	0.03%
	FBIN	D	0.04%	0.03%	0.03%
	FCX	F	0.26%	0.13%	0.13%
	FDX	B	0.25%	0.37%	0.25%
	FE	C	0.1%	0.08%	0.08%
	FFIV	B	0.05%	0.04%	0.04%
	FI	A	0.31%	0.35%	0.31%
	FOXA	A	0.04%	0.15%	0.04%
	FSLR	F	0.08%	0.03%	0.03%
	FTI	A	0.05%	0.03%	0.03%
	FTNT	C	0.04%	0.07%	0.04%
	FTV	C	0.1%	0.06%	0.06%
	FYBR	C	0.04%	0.03%	0.03%
	GAP	C	0.02%	0.03%	0.02%
	GD	D	0.32%	0.2%	0.2%
	GE	D	0.59%	0.42%	0.42%
	GEHC	D	0.14%	0.06%	0.06%
	GEN	B	0.06%	0.04%	0.04%
	GILD	C	0.44%	0.41%	0.41%
	GIS	D	0.15%	0.13%	0.13%
	GLW	B	0.15%	0.13%	0.13%
	GM	C	0.23%	0.99%	0.23%
	GPC	D	0.06%	0.06%	0.06%
	GPK	C	0.03%	0.04%	0.03%
	GRMN	B	0.12%	0.05%	0.05%
	GWW	B	0.02%	0.09%	0.02%
	GXO	B	0.03%	0.03%	0.03%
	H	B	0.02%	0.04%	0.02%
	HAL	C	0.1%	0.09%	0.09%
	HAS	D	0.0%	0.03%	0.0%
	HCA	F	0.2%	0.23%	0.2%
	HD	B	0.32%	0.89%	0.32%
	HES	B	0.05%	0.08%	0.05%
	HIG	B	0.13%	0.18%	0.13%
	HII	F	0.03%	0.03%	0.03%
	HLT	A	0.11%	0.09%	0.09%
	HOG	D	0.02%	0.03%	0.02%
	HOLX	D	0.07%	0.05%	0.05%
	HON	C	0.45%	0.31%	0.31%
	HPE	B	0.1%	0.21%	0.1%
	HPQ	B	0.11%	0.18%	0.11%
	HRB	D	0.03%	0.03%	0.03%
	HRL	D	0.04%	0.05%	0.04%
	HSIC	C	0.04%	0.04%	0.04%
	HST	C	0.05%	0.04%	0.04%
	HSY	F	0.09%	0.06%	0.06%
	HUBB	B	0.09%	0.03%	0.03%
	HUM	C	0.12%	0.24%	0.12%
	HUN	F	0.01%	0.03%	0.01%
	HWM	A	0.15%	0.05%	0.05%
	IAC	F	0.01%	0.03%	0.01%
	IBM	C	0.76%	0.52%	0.52%
	IFF	D	0.1%	0.08%	0.08%
	ILMN	C	0.09%	0.04%	0.04%
	INGR	C	0.03%	0.04%	0.03%
	INTC	C	0.37%	0.43%	0.37%
	IP	A	0.08%	0.13%	0.08%
	IPG	D	0.04%	0.05%	0.04%
	IQV	F	0.13%	0.07%	0.07%
	IR	B	0.15%	0.06%	0.06%
	IRM	C	0.06%	0.06%	0.06%
	ITW	B	0.19%	0.14%	0.14%
	J	D	0.07%	0.06%	0.06%
	JAZZ	B	0.03%	0.04%	0.03%
	JBHT	C	0.06%	0.05%	0.05%
	JBL	C	0.05%	0.11%	0.05%
	JCI	B	0.17%	0.17%	0.17%
	JHG	B	0.02%	0.04%	0.02%
	JLL	D	0.04%	0.07%	0.04%
	JNJ	C	1.54%	0.89%	0.89%
	JNPR	D	0.05%	0.04%	0.04%
	K	A	0.08%	0.08%	0.08%
	KD	B	0.02%	0.03%	0.02%
	KDP	F	0.15%	0.11%	0.11%
	KEYS	A	0.1%	0.05%	0.05%
	KHC	F	0.12%	0.23%	0.12%
	KMB	C	0.11%	0.1%	0.1%
	KMI	A	0.19%	0.27%	0.19%
	KMX	B	0.04%	0.07%	0.04%
	KNX	C	0.03%	0.05%	0.03%
	KO	D	0.43%	0.43%	0.43%
	KR	B	0.15%	0.37%	0.15%
	KSS	F	0.01%	0.04%	0.01%
	LAD	A	0.04%	0.09%	0.04%
	LBRDK	C	0.03%	0.07%	0.03%
	LDOS	C	0.1%	0.07%	0.07%
	LEA	F	0.02%	0.05%	0.02%
	LEN	D	0.16%	0.2%	0.16%
	LEN	D	0.01%	0.2%	0.01%
	LH	B	0.08%	0.1%	0.08%
	LHX	C	0.19%	0.15%	0.15%
	LIN	C	0.88%	0.39%	0.39%
	LKQ	F	0.04%	0.05%	0.04%
	LMT	D	0.32%	0.49%	0.32%
	LNG	A	0.09%	0.24%	0.09%
	LOW	C	0.6%	0.48%	0.48%
	LUV	C	0.07%	0.03%	0.03%
	LYB	F	0.09%	0.13%	0.09%
	M	F	0.02%	0.05%	0.02%
	MAN	F	0.01%	0.04%	0.01%
	MAR	A	0.24%	0.16%	0.16%
	MAS	D	0.07%	0.04%	0.04%
	MCD	D	0.79%	0.29%	0.29%
	MCHP	F	0.16%	0.07%	0.07%
	MCK	A	0.15%	0.61%	0.15%
	MDLZ	F	0.37%	0.22%	0.22%
	MDT	D	0.46%	0.35%	0.35%
	MGM	D	0.03%	0.07%	0.03%
	MHK	D	0.03%	0.05%	0.03%
	MKC	C	0.08%	0.04%	0.04%
	MKL	A	0.06%	0.09%	0.06%
	MLM	C	0.14%	0.05%	0.05%
	MMC	B	0.37%	0.17%	0.17%
	MMM	D	0.23%	0.27%	0.23%
	MNST	C	0.03%	0.05%	0.03%
	MO	A	0.37%	0.33%	0.33%
	MOH	F	0.03%	0.08%	0.03%
	MOS	F	0.03%	0.1%	0.03%
	MPC	D	0.21%	0.62%	0.21%
	MRNA	F	0.07%	0.02%	0.02%
	MRO	B	0.06%	0.14%	0.06%
	MRVL	B	0.25%	0.09%	0.09%
	MSCI	C	0.07%	0.04%	0.04%
	MSI	B	0.16%	0.08%	0.08%
	MTD	F	0.11%	0.03%	0.03%
	MTDR	B	0.02%	0.03%	0.02%
	MTN	C	0.0%	0.03%	0.0%
	MU	D	0.44%	0.19%	0.19%
	NDAQ	A	0.12%	0.05%	0.05%
	NEM	D	0.21%	0.13%	0.13%
	NFG	A	0.02%	0.03%	0.02%
	NKE	F	0.14%	0.26%	0.14%
	NOC	D	0.28%	0.22%	0.22%
	NOV	C	0.02%	0.02%	0.02%
	NRG	B	0.04%	0.07%	0.04%
	NSC	B	0.23%	0.17%	0.17%
	NTAP	C	0.05%	0.06%	0.05%
	NUE	C	0.14%	0.22%	0.14%
	NVR	D	0.1%	0.07%	0.07%
	NWL	C	0.01%	0.04%	0.01%
	NWSA	A	0.04%	0.06%	0.04%
	NXST	C	0.01%	0.04%	0.01%
	OC	A	0.06%	0.07%	0.06%
	OKE	A	0.23%	0.17%	0.17%
	OLN	F	0.02%	0.04%	0.02%
	OMC	C	0.08%	0.07%	0.07%
	OMF	A	0.02%	0.06%	0.02%
	ON	D	0.12%	0.06%	0.06%
	ORI	A	0.03%	0.07%	0.03%
	ORLY	B	0.02%	0.13%	0.02%
	OSK	C	0.03%	0.03%	0.03%
	OTIS	C	0.16%	0.05%	0.05%
	OVV	B	0.04%	0.08%	0.04%
	OXY	D	0.13%	0.27%	0.13%
	PARA	C	0.03%	0.11%	0.03%
	PAYX	B	0.11%	0.06%	0.06%
	PCAR	B	0.21%	0.18%	0.18%
	PENN	C	0.01%	0.04%	0.01%
	PEP	F	0.19%	0.42%	0.19%
	PFE	F	0.64%	0.63%	0.63%
	PFGC	B	0.04%	0.12%	0.04%
	PG	C	1.21%	0.72%	0.72%
	PGR	A	0.09%	0.3%	0.09%
	PH	A	0.32%	0.14%	0.14%
	PHM	D	0.11%	0.1%	0.1%
	PII	F	0.01%	0.03%	0.01%
	PKG	A	0.08%	0.07%	0.07%
	PM	B	0.83%	0.35%	0.35%
	POST	C	0.02%	0.03%	0.02%
	PPG	F	0.12%	0.08%	0.08%
	PPL	A	0.1%	0.09%	0.09%
	PR	B	0.03%	0.03%	0.03%
	PRGO	C	0.01%	0.02%	0.01%
	PSA	C	0.18%	0.13%	0.13%
	PSX	C	0.2%	0.44%	0.2%
	PVH	C	0.02%	0.04%	0.02%
	PWR	A	0.12%	0.08%	0.08%
	PYPL	B	0.32%	0.33%	0.32%
	QCOM	F	0.05%	0.31%	0.05%
	QRVO	F	0.03%	0.02%	0.02%
	R	B	0.02%	0.08%	0.02%
	RCL	A	0.13%	0.1%	0.1%
	REGN	F	0.32%	0.15%	0.15%
	RGA	A	0.06%	0.1%	0.06%
	RH	C	0.02%	0.04%	0.02%
	RHI	C	0.03%	0.03%	0.03%
	RL	C	0.03%	0.04%	0.03%
	RMD	C	0.1%	0.04%	0.04%
	RNR	C	0.05%	0.06%	0.05%
	ROK	C	0.11%	0.05%	0.05%
	ROP	B	0.23%	0.07%	0.07%
	ROST	D	0.14%	0.1%	0.1%
	RPM	A	0.05%	0.04%	0.04%
	RRC	B	0.03%	0.03%	0.03%
	RRX	B	0.04%	0.04%	0.04%
	RS	B	0.07%	0.08%	0.07%
	RSG	A	0.16%	0.07%	0.07%
	RTX	D	0.64%	0.67%	0.64%
	SAIC	F	0.03%	0.03%	0.03%
	SBAC	D	0.1%	0.04%	0.04%
	SBUX	A	0.1%	0.21%	0.1%
	SCI	B	0.05%	0.04%	0.04%
	SHW	B	0.03%	0.14%	0.03%
	SJM	D	0.05%	0.06%	0.05%
	SKX	D	0.03%	0.03%	0.03%
	SLB	C	0.23%	0.18%	0.18%
	SNA	A	0.07%	0.06%	0.06%
	SNX	D	0.03%	0.12%	0.03%
	SON	F	0.02%	0.02%	0.02%
	SQ	A	0.09%	0.1%	0.09%
	SSNC	B	0.06%	0.05%	0.05%
	STE	D	0.09%	0.04%	0.04%
	STLD	B	0.08%	0.13%	0.08%
	STZ	D	0.15%	0.1%	0.1%
	SW	A	0.11%	0.08%	0.08%
	SWK	D	0.06%	0.07%	0.06%
	SWKS	F	0.06%	0.05%	0.05%
	SYK	B	0.36%	0.14%	0.14%
	SYY	D	0.06%	0.19%	0.06%
	T	A	0.65%	1.3%	0.65%
	TAP	C	0.04%	0.09%	0.04%
	TDG	D	0.23%	0.04%	0.04%
	TDY	B	0.08%	0.05%	0.05%
	TER	F	0.01%	0.02%	0.01%
	TGT	F	0.28%	0.31%	0.28%
	THC	D	0.06%	0.08%	0.06%
	THO	B	0.02%	0.04%	0.02%
	TJX	A	0.21%	0.27%	0.21%
	TMO	F	0.84%	0.32%	0.32%
	TMUS	B	0.43%	0.39%	0.39%
	TOL	B	0.06%	0.07%	0.06%
	TPG	A	0.02%	0.05%	0.02%
	TPR	B	0.04%	0.06%	0.04%
	TROW	B	0.1%	0.08%	0.08%
	TRV	B	0.22%	0.28%	0.22%
	TSN	B	0.07%	0.17%	0.07%
	TT	A	0.22%	0.12%	0.12%
	TTWO	A	0.11%	0.04%	0.04%
	TW	A	0.04%	0.03%	0.03%
	TWLO	A	0.04%	0.06%	0.04%
	TXN	C	0.65%	0.28%	0.28%
	TXT	D	0.06%	0.07%	0.06%
	UAL	A	0.1%	0.07%	0.07%
	UGI	C	0.02%	0.04%	0.02%
	UHS	D	0.05%	0.07%	0.05%
	ULTA	F	0.01%	0.05%	0.01%
	UNH	B	1.94%	1.62%	1.62%
	UNP	C	0.3%	0.26%	0.26%
	UPS	C	0.39%	0.42%	0.39%
	URI	C	0.16%	0.14%	0.14%
	USFD	A	0.06%	0.1%	0.06%
	UTHR	C	0.07%	0.04%	0.04%
	VFC	C	0.03%	0.06%	0.03%
	VLO	C	0.17%	0.45%	0.17%
	VMC	B	0.11%	0.06%	0.06%
	VRSN	C	0.06%	0.03%	0.03%
	VRTX	D	0.25%	0.12%	0.12%
	VTRS	A	0.06%	0.14%	0.06%
	VZ	C	0.71%	1.07%	0.71%
	WAB	B	0.13%	0.07%	0.07%
	WBA	F	0.03%	0.14%	0.03%
	WBD	B	0.08%	0.26%	0.08%
	WCC	B	0.03%	0.05%	0.03%
	WDC	D	0.09%	0.04%	0.04%
	WHR	B	0.02%	0.07%	0.02%
	WMT	A	1.42%	1.23%	1.23%
	WRB	A	0.07%	0.07%	0.07%
	WSC	F	0.02%	0.03%	0.02%
	WSM	C	0.03%	0.04%	0.03%
	WSO	A	0.07%	0.03%	0.03%
	WST	C	0.04%	0.03%	0.03%
	WTW	B	0.12%	0.1%	0.1%
	WU	F	0.01%	0.02%	0.01%
	WY	F	0.09%	0.06%	0.06%
	X	B	0.03%	0.1%	0.03%
	XEL	A	0.15%	0.17%	0.15%
	XOM	B	2.1%	2.38%	2.1%
	XYL	D	0.12%	0.04%	0.04%
	YUM	D	0.09%	0.03%	0.03%
	ZBH	C	0.09%	0.07%	0.07%
	ZM	C	0.08%	0.06%	0.06%
	ZTS	D	0.06%	0.09%	0.06%

VONV Overweight 406 Positions Relative to IUS

	Symbol	Grade	Weight
	JPM	A	2.55%
	BAC	A	1.14%
	WFC	A	0.91%
	NEE	C	0.65%
	SPGI	C	0.6%
	BLK	B	0.58%
	MS	A	0.51%
	C	A	0.49%
	GS	A	0.48%
	ADI	D	0.44%
	PLD	F	0.42%
	SO	C	0.4%
	SCHW	B	0.38%
	DUK	C	0.36%
	ICE	C	0.35%
	WELL	A	0.33%
	GEV	B	0.33%
	CME	B	0.32%
	PNC	B	0.3%
	USB	A	0.3%
	KKR	A	0.27%
	COF	C	0.25%
	WMB	A	0.25%
	AJG	A	0.23%
	TFC	A	0.23%
	DLR	B	0.23%
	AFL	B	0.23%
	BK	A	0.22%
	O	C	0.21%
	AEP	C	0.21%
	SRE	A	0.21%
	AIG	B	0.2%
	D	C	0.2%
	FIS	C	0.2%
	CCI	C	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PEG	A	0.18%
	MET	A	0.18%
	PCG	A	0.17%
	SPG	A	0.16%
	DFS	B	0.15%
	EXR	C	0.14%
	MSTR	B	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	MTB	A	0.13%
	ETR	B	0.13%
	VICI	C	0.13%
	FITB	B	0.12%
	WEC	A	0.12%
	GPN	B	0.11%
	VTR	B	0.11%
	EQR	C	0.11%
	AWK	C	0.11%
	STT	B	0.11%
	RJF	A	0.11%
	SYF	B	0.09%
	RF	A	0.09%
	HBAN	A	0.09%
	ES	C	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	APO	B	0.08%
	PFG	D	0.08%
	CFG	B	0.08%
	INVH	D	0.08%
	ARE	F	0.08%
	NTRS	A	0.08%
	ATO	A	0.08%
	IEX	C	0.07%
	SUI	C	0.07%
	PNR	A	0.07%
	CVNA	B	0.07%
	MAA	B	0.07%
	ESS	B	0.07%
	TRU	D	0.07%
	UDR	B	0.06%
	VLTO	C	0.06%
	NDSN	B	0.06%
	L	A	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	ZBRA	B	0.06%
	LNT	A	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	C	0.06%
	NI	A	0.06%
	KEY	B	0.06%
	IBKR	A	0.06%
	TECH	F	0.05%
	ITT	A	0.05%
	CLH	C	0.05%
	UNM	A	0.05%
	AMH	C	0.05%
	CPT	B	0.05%
	WPC	C	0.05%
	ALLE	C	0.05%
	NVT	B	0.05%
	BMRN	F	0.05%
	BXP	C	0.05%
	ELS	C	0.05%
	GLPI	C	0.05%
	REG	A	0.05%
	CW	C	0.05%
	JKHY	D	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	DTM	A	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	WAL	B	0.04%
	NYT	D	0.04%
	WYNN	C	0.04%
	FRT	B	0.04%
	CRL	D	0.04%
	CIEN	C	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	C	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	DAY	B	0.04%
	PRI	B	0.04%
	RGLD	C	0.04%
	SOFI	B	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EPAM	B	0.04%
	EHC	B	0.04%
	WWD	C	0.04%
	PNW	A	0.04%
	SOLV	D	0.04%
	AFRM	A	0.04%
	TTEK	F	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	CTLT	C	0.04%
	MKTX	D	0.04%
	CUBE	C	0.04%
	NTNX	B	0.04%
	CG	B	0.04%
	INCY	C	0.04%
	ATR	B	0.04%
	FDS	B	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	C	0.03%
	RGEN	D	0.03%
	MTG	C	0.03%
	ATI	C	0.03%
	SIRI	C	0.03%
	WMS	F	0.03%
	BFAM	D	0.03%
	CGNX	D	0.03%
	PB	B	0.03%
	KEX	B	0.03%
	G	B	0.03%
	STAG	D	0.03%
	COKE	C	0.03%
	FCN	F	0.03%
	MAT	D	0.03%
	AGNC	C	0.03%
	ROKU	D	0.03%
	FND	D	0.03%
	MIDD	C	0.03%
	SSD	F	0.03%
	FR	D	0.03%
	FLS	B	0.03%
	BIO	C	0.03%
	ESAB	C	0.03%
	GNTX	C	0.03%
	FICO	B	0.03%
	SNV	C	0.03%
	CHE	D	0.03%
	ONTO	F	0.03%
	Z	A	0.03%
	VNO	C	0.03%
	COLD	D	0.03%
	ADC	A	0.03%
	SEIC	B	0.03%
	WAT	C	0.03%
	CBSH	B	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	WTFC	A	0.03%
	LW	C	0.03%
	EXAS	D	0.03%
	LECO	C	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	APG	B	0.03%
	NNN	C	0.03%
	RBC	A	0.03%
	TKO	A	0.03%
	OGE	A	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BRX	A	0.03%
	FMC	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KBR	F	0.03%
	HLI	A	0.03%
	GMED	A	0.03%
	EGP	D	0.03%
	RIVN	F	0.03%
	ALLY	C	0.03%
	GWRE	A	0.03%
	GME	C	0.03%
	AXTA	B	0.03%
	TTC	C	0.03%
	CMA	B	0.03%
	BRBR	A	0.03%
	LAMR	C	0.03%
	PTC	B	0.03%
	ALNY	D	0.02%
	KMPR	A	0.02%
	MSGS	A	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	SITE	F	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	D	0.02%
	AWI	A	0.02%
	FLO	D	0.02%
	UHAL	D	0.02%
	OLED	F	0.02%
	FRPT	A	0.02%
	ASH	F	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	DBX	B	0.02%
	AGO	B	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%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	B	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	BYD	B	0.02%
	HXL	F	0.02%
	OGN	F	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	GNRC	C	0.02%
	SEE	C	0.02%
	ZG	A	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	IDA	A	0.02%
	CROX	D	0.02%
	THG	A	0.02%
	TKR	D	0.02%
	SAIA	B	0.02%
	OLLI	D	0.02%
	BPOP	C	0.02%
	COIN	C	0.02%
	SRCL	B	0.02%
	VNT	C	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	C	0.02%
	S	B	0.02%
	COLB	B	0.02%
	LFUS	D	0.02%
	ALK	B	0.02%
	ESI	B	0.02%
	AXS	A	0.02%
	RLI	A	0.02%
	MSA	F	0.02%
	STWD	C	0.02%
	WH	B	0.02%
	VMI	B	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	FTRE	D	0.01%
	GO	C	0.01%
	LYFT	C	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%
	VSTS	C	0.01%
	BIRK	D	0.01%
	PPC	C	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	A	0.01%
	LPX	B	0.01%
	CRI	F	0.01%
	PSTG	D	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	SAM	C	0.01%
	ETSY	D	0.01%
	YETI	D	0.01%
	AZTA	D	0.01%
	BROS	A	0.01%
	LCID	F	0.01%
	GLOB	B	0.01%
	IPGP	D	0.01%
	RKT	F	0.01%
	RCM	A	0.01%
	BRKR	D	0.01%
	ENOV	C	0.01%
	JWN	D	0.01%
	ADTN	A	0.01%
	EXP	B	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	C	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	SPB	C	0.01%
	CWEN	C	0.01%
	CC	C	0.01%
	VIRT	A	0.01%
	AGR	A	0.01%
	ALGM	D	0.01%
	CXT	C	0.01%
	VAC	C	0.01%
	CLVT	D	0.01%
	COLM	C	0.01%
	LOPE	C	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	PK	C	0.01%
	NSA	C	0.01%
	BHF	C	0.01%
	MASI	B	0.01%
	AM	A	0.01%
	AMED	F	0.01%
	IRDM	D	0.01%
	PLNT	A	0.01%
	FHB	B	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	U	C	0.01%
	NWS	A	0.01%
	EPR	C	0.01%
	ZI	D	0.01%
	HIW	C	0.01%
	NEU	D	0.01%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	SMG	C	0.01%
	UHAL	D	0.0%
	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	B	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%
	PYCR	B	0.0%
	HCP	B	0.0%
	FIVE	F	0.0%
	CNA	C	0.0%
	DV	C	0.0%
	DDS	B	0.0%
	NCNO	C	0.0%
	CERT	F	0.0%

VONV Underweight 110 Positions Relative to IUS

	Symbol	Grade	Weight
	AAPL	C	-4.64%
	GOOGL	C	-3.69%
	MSFT	D	-2.65%
	META	D	-2.23%
	AMZN	C	-2.08%
	NVDA	B	-0.95%
	AVGO	D	-0.79%
	V	A	-0.74%
	COST	A	-0.73%
	TSLA	B	-0.7%
	LUMN	C	-0.56%
	MA	B	-0.46%
	COR	B	-0.45%
	MRK	D	-0.4%
	ORCL	A	-0.35%
	NFLX	A	-0.31%
	ADBE	C	-0.27%
	BX	A	-0.25%
	LLY	F	-0.24%
	INTU	B	-0.2%
	VST	A	-0.17%
	WM	B	-0.16%
	EXPE	B	-0.15%
	TRGP	A	-0.14%
	LRCX	F	-0.14%
	ABNB	C	-0.13%
	ISRG	A	-0.12%
	SNEX	B	-0.11%
	FLEX	B	-0.11%
	UBER	F	-0.11%
	KLAC	F	-0.1%
	NOW	A	-0.1%
	UNFI	A	-0.1%
	APP	B	-0.09%
	MELI	C	-0.09%
	WKC	C	-0.09%
	TX	F	-0.08%
	ADSK	A	-0.08%
	ZIM	C	-0.08%
	VRSK	A	-0.08%
	WCN	A	-0.07%
	PANW	B	-0.07%
	MCO	B	-0.07%
	GPI	B	-0.06%
	WDAY	B	-0.06%
	NCLH	B	-0.06%
	ODFL	C	-0.06%
	LVS	B	-0.06%
	PBF	D	-0.06%
	CPAY	A	-0.06%
	LPLA	A	-0.06%
	SATS	D	-0.06%
	TSCO	D	-0.06%
	SNPS	B	-0.06%
	BTU	B	-0.05%
	TMHC	C	-0.05%
	LULU	C	-0.05%
	CDNS	B	-0.05%
	CMG	B	-0.05%
	GDDY	A	-0.05%
	BFH	C	-0.05%
	TDS	B	-0.05%
	DVA	C	-0.05%
	CPNG	D	-0.05%
	CNX	A	-0.05%
	MUSA	B	-0.05%
	TGNA	B	-0.04%
	UFPI	C	-0.04%
	NU	C	-0.04%
	STX	C	-0.04%
	HTZ	C	-0.04%
	FLR	B	-0.04%
	IT	C	-0.04%
	BURL	B	-0.04%
	BAH	F	-0.04%
	GT	C	-0.04%
	CLX	A	-0.04%
	LYV	A	-0.04%
	KBH	D	-0.04%
	BECN	B	-0.04%
	ABG	C	-0.04%
	CMC	B	-0.04%
	ANET	C	-0.04%
	ASO	F	-0.03%
	DK	C	-0.03%
	HP	C	-0.03%
	SIG	B	-0.03%
	ADNT	F	-0.03%
	TNET	F	-0.03%
	ARCH	B	-0.03%
	MTH	D	-0.03%
	SNOW	B	-0.03%
	POOL	C	-0.03%
	SM	B	-0.03%
	VVV	D	-0.03%
	OGS	A	-0.03%
	BCC	B	-0.03%
	DECK	A	-0.03%
	MUR	D	-0.03%
	ALV	C	-0.03%
	ANDE	D	-0.03%
	DXCM	C	-0.02%
	DAN	D	-0.02%
	ATKR	D	-0.02%
	ODP	F	-0.02%
	XRX	F	-0.02%
	PINS	F	-0.02%
	AMR	C	-0.02%
	CVI	F	-0.02%
	NSIT	F	-0.02%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Asset Management Oil & Gas E&P 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

IUS: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Software - Application Specialty Retail Diversified Industrials Business Services Information Technology Services Semiconductors Packaged Foods Specialty Chemicals Diagnostics & Research Drug Manufacturers - Major Oil & Gas Refining & Marketing Packaging & Containers Aerospace & Defense Insurance - Property & Casualty Residential Construction Telecom Services Auto Parts Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Dow Jones Component Electronics Insurance Mining Chemical Aerospace Medicine Semiconductor Telecommunications Transport Petroleum Industry Retailing Electricity Building Materials Beverage Plastic