VONV vs. IUSV ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares Core U.S. Vaue ETF (IUSV)

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

$82.57

Average Daily Volume

320,155

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value 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. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$94.56

Average Daily Volume

466,178

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IUSV
30 Days	0.50%	0.60%
60 Days	6.01%	5.27%
90 Days	8.85%	8.35%
12 Months	29.17%	31.25%

615 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IUSV	Overlap
	A	B	0.17%	0.19%	0.17%
	AA	B	0.03%	0.05%	0.03%
	AAL	D	0.03%	0.03%	0.03%
	ABBV	B	0.79%	0.97%	0.79%
	ABT	C	0.79%	0.87%	0.79%
	ACM	A	0.05%	0.03%	0.03%
	ACN	B	0.86%	0.45%	0.45%
	ADC	B	0.03%	0.03%	0.03%
	ADI	C	0.47%	0.21%	0.21%
	ADM	F	0.12%	0.13%	0.12%
	ADP	A	0.03%	0.3%	0.03%
	AEE	A	0.09%	0.1%	0.09%
	AEP	C	0.21%	0.24%	0.21%
	AES	C	0.05%	0.06%	0.05%
	AFG	B	0.04%	0.04%	0.04%
	AFL	A	0.25%	0.25%	0.25%
	AGCO	D	0.02%	0.03%	0.02%
	AIG	F	0.21%	0.21%	0.21%
	AIZ	B	0.04%	0.05%	0.04%
	AJG	D	0.24%	0.13%	0.13%
	AKAM	D	0.06%	0.04%	0.04%
	ALB	D	0.04%	0.05%	0.04%
	ALGM	F	0.01%	0.01%	0.01%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	C	0.17%	0.22%	0.17%
	ALLE	A	0.05%	0.03%	0.03%
	ALLY	F	0.04%	0.04%	0.04%
	AM	A	0.01%	0.01%	0.01%
	AMCR	C	0.07%	0.07%	0.07%
	AME	D	0.16%	0.09%	0.09%
	AMED	D	0.01%	0.01%	0.01%
	AMG	B	0.02%	0.02%	0.02%
	AMGN	D	0.16%	0.77%	0.16%
	AMH	D	0.05%	0.02%	0.02%
	AMKR	F	0.01%	0.02%	0.01%
	AMP	A	0.02%	0.1%	0.02%
	AN	D	0.02%	0.02%	0.02%
	ANSS	D	0.11%	0.05%	0.05%
	AON	B	0.27%	0.16%	0.16%
	AOS	B	0.04%	0.02%	0.02%
	APD	C	0.25%	0.3%	0.25%
	APH	D	0.13%	0.15%	0.13%
	APTV	D	0.08%	0.09%	0.08%
	AR	B	0.03%	0.04%	0.03%
	ARE	D	0.08%	0.08%	0.08%
	ARMK	B	0.04%	0.05%	0.04%
	ARW	C	0.03%	0.03%	0.03%
	ASH	F	0.02%	0.02%	0.02%
	ATO	A	0.08%	0.09%	0.08%
	ATR	A	0.04%	0.02%	0.02%
	AVB	C	0.13%	0.14%	0.13%
	AVT	C	0.02%	0.02%	0.02%
	AVTR	D	0.07%	0.05%	0.05%
	AVY	D	0.04%	0.08%	0.04%
	AWK	C	0.11%	0.13%	0.11%
	AXP	B	0.37%	0.2%	0.2%
	AYI	A	0.03%	0.02%	0.02%
	AZO	D	0.02%	0.08%	0.02%
	AZTA	F	0.01%	0.0%	0.0%
	BA	F	0.34%	0.23%	0.23%
	BAC	D	1.11%	1.19%	1.11%
	BALL	C	0.08%	0.09%	0.08%
	BAX	D	0.08%	0.09%	0.08%
	BBWI	F	0.03%	0.03%	0.03%
	BBY	C	0.09%	0.09%	0.09%
	BC	D	0.02%	0.01%	0.01%
	BDX	C	0.28%	0.31%	0.28%
	BEN	F	0.02%	0.03%	0.02%
	BERY	C	0.03%	0.04%	0.03%
	BG	F	0.06%	0.06%	0.06%
	BHF	F	0.01%	0.01%	0.01%
	BIIB	F	0.12%	0.13%	0.12%
	BIO	B	0.03%	0.03%	0.03%
	BJ	C	0.04%	0.05%	0.04%
	BK	C	0.2%	0.24%	0.2%
	BKR	B	0.14%	0.16%	0.14%
	BLK	A	0.53%	0.59%	0.53%
	BMRN	F	0.07%	0.03%	0.03%
	BMY	B	0.41%	0.46%	0.41%
	BR	B	0.01%	0.05%	0.01%
	BRBR	A	0.03%	0.02%	0.02%
	BRK.A	C	3.5%	3.73%	3.5%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	A	0.06%	0.02%	0.02%
	BRX	C	0.03%	0.02%	0.02%
	BSX	A	0.48%	0.25%	0.25%
	BWA	C	0.03%	0.04%	0.03%
	BXP	C	0.05%	0.05%	0.05%
	C	C	0.48%	0.53%	0.48%
	CACI	A	0.04%	0.03%	0.03%
	CAG	D	0.06%	0.07%	0.06%
	CAH	B	0.04%	0.12%	0.04%
	CARR	B	0.2%	0.16%	0.16%
	CAT	A	0.6%	0.35%	0.35%
	CB	B	0.46%	0.48%	0.46%
	CBOE	B	0.09%	0.03%	0.03%
	CBRE	B	0.14%	0.17%	0.14%
	CBSH	D	0.03%	0.02%	0.02%
	CC	D	0.01%	0.01%	0.01%
	CCI	C	0.2%	0.23%	0.2%
	CCK	C	0.04%	0.03%	0.03%
	CCL	C	0.07%	0.02%	0.02%
	CDW	D	0.06%	0.08%	0.06%
	CEG	A	0.21%	0.2%	0.2%
	CF	A	0.06%	0.03%	0.03%
	CFG	D	0.08%	0.08%	0.08%
	CFR	D	0.03%	0.02%	0.02%
	CG	B	0.04%	0.02%	0.02%
	CGNX	F	0.03%	0.02%	0.02%
	CHD	D	0.1%	0.06%	0.06%
	CHE	C	0.03%	0.02%	0.02%
	CHH	C	0.0%	0.01%	0.0%
	CHK	D	0.04%	0.04%	0.04%
	CHRW	C	0.05%	0.06%	0.05%
	CHTR	D	0.13%	0.08%	0.08%
	CI	D	0.37%	0.43%	0.37%
	CIEN	A	0.03%	0.02%	0.02%
	CINF	B	0.08%	0.1%	0.08%
	CL	D	0.16%	0.23%	0.16%
	CLF	F	0.02%	0.03%	0.02%
	CMCSA	C	0.62%	0.72%	0.62%
	CMI	A	0.17%	0.2%	0.17%
	CMS	A	0.08%	0.09%	0.08%
	CNC	F	0.17%	0.17%	0.17%
	CNH	D	0.04%	0.04%	0.04%
	CNM	F	0.01%	0.02%	0.01%
	CNP	B	0.07%	0.09%	0.07%
	CNXC	F	0.01%	0.01%	0.01%
	COF	C	0.22%	0.25%	0.22%
	COHR	A	0.04%	0.06%	0.04%
	COLB	C	0.02%	0.02%	0.02%
	COLM	D	0.01%	0.01%	0.01%
	COP	D	0.54%	0.17%	0.17%
	CPB	D	0.04%	0.04%	0.04%
	CPRI	B	0.02%	0.01%	0.01%
	CPT	C	0.05%	0.06%	0.05%
	CRI	D	0.01%	0.01%	0.01%
	CRL	F	0.04%	0.05%	0.04%
	CRUS	D	0.03%	0.01%	0.01%
	CSCO	A	0.82%	0.95%	0.82%
	CSGP	F	0.13%	0.08%	0.08%
	CSX	D	0.27%	0.15%	0.15%
	CTAS	C	0.01%	0.14%	0.01%
	CTLT	A	0.04%	0.05%	0.04%
	CTRA	D	0.07%	0.03%	0.03%
	CTSH	B	0.16%	0.17%	0.16%
	CTVA	A	0.16%	0.18%	0.16%
	CUBE	C	0.05%	0.02%	0.02%
	CUZ	C	0.02%	0.02%	0.02%
	CVS	C	0.29%	0.34%	0.29%
	CVX	B	1.02%	1.1%	1.02%
	CW	A	0.05%	0.02%	0.02%
	CXT	F	0.01%	0.01%	0.01%
	CZR	B	0.03%	0.02%	0.02%
	D	A	0.19%	0.21%	0.19%
	DAL	C	0.11%	0.07%	0.07%
	DAR	F	0.03%	0.03%	0.03%
	DAY	B	0.03%	0.02%	0.02%
	DCI	C	0.04%	0.02%	0.02%
	DD	C	0.14%	0.17%	0.14%
	DE	B	0.39%	0.21%	0.21%
	DELL	C	0.1%	0.07%	0.07%
	DFS	C	0.14%	0.07%	0.07%
	DG	F	0.07%	0.09%	0.07%
	DGX	C	0.07%	0.08%	0.07%
	DHR	D	0.72%	0.79%	0.72%
	DINO	D	0.03%	0.03%	0.03%
	DIS	D	0.67%	0.78%	0.67%
	DKS	D	0.05%	0.03%	0.03%
	DLB	C	0.02%	0.01%	0.01%
	DLR	C	0.2%	0.13%	0.13%
	DLTR	F	0.07%	0.07%	0.07%
	DOC	C	0.06%	0.07%	0.06%
	DOCS	A	0.02%	0.01%	0.01%
	DOV	B	0.1%	0.12%	0.1%
	DOW	B	0.15%	0.17%	0.15%
	DPZ	D	0.04%	0.04%	0.04%
	DRI	C	0.04%	0.04%	0.04%
	DTE	A	0.1%	0.12%	0.1%
	DTM	A	0.03%	0.01%	0.01%
	DUK	B	0.35%	0.4%	0.35%
	DVN	F	0.11%	0.11%	0.11%
	EA	D	0.16%	0.09%	0.09%
	EBAY	A	0.12%	0.14%	0.12%
	ECL	B	0.03%	0.14%	0.03%
	ED	A	0.14%	0.16%	0.14%
	EEFT	F	0.02%	0.01%	0.01%
	EFX	C	0.12%	0.1%	0.1%
	EG	B	0.06%	0.08%	0.06%
	EGP	D	0.04%	0.02%	0.02%
	EHC	B	0.04%	0.02%	0.02%
	EIX	B	0.13%	0.15%	0.13%
	EL	D	0.05%	0.1%	0.05%
	ELS	D	0.05%	0.02%	0.02%
	ELV	F	0.44%	0.54%	0.44%
	EMN	C	0.05%	0.06%	0.05%
	EMR	B	0.24%	0.28%	0.24%
	ENOV	F	0.01%	0.01%	0.01%
	EOG	B	0.3%	0.11%	0.11%
	EPAM	F	0.04%	0.03%	0.03%
	EPR	C	0.01%	0.01%	0.01%
	EQIX	C	0.3%	0.2%	0.2%
	EQR	C	0.11%	0.11%	0.11%
	EQT	B	0.07%	0.1%	0.07%
	ES	D	0.1%	0.11%	0.1%
	ESS	D	0.08%	0.08%	0.08%
	ETN	C	0.49%	0.22%	0.22%
	ETR	A	0.1%	0.12%	0.1%
	EVR	C	0.04%	0.01%	0.01%
	EVRG	C	0.05%	0.06%	0.05%
	EW	F	0.14%	0.11%	0.11%
	EWBC	D	0.05%	0.02%	0.02%
	EXC	A	0.15%	0.18%	0.15%
	EXPD	D	0.06%	0.05%	0.05%
	EXR	C	0.15%	0.17%	0.15%
	F	D	0.18%	0.19%	0.18%
	FAF	C	0.03%	0.03%	0.03%
	FAST	C	0.02%	0.09%	0.02%
	FBIN	B	0.04%	0.03%	0.03%
	FCX	B	0.25%	0.16%	0.16%
	FDS	C	0.04%	0.04%	0.04%
	FDX	F	0.27%	0.27%	0.27%
	FE	C	0.1%	0.1%	0.1%
	FFIV	B	0.05%	0.06%	0.05%
	FHN	D	0.04%	0.04%	0.04%
	FI	A	0.28%	0.22%	0.22%
	FIS	B	0.19%	0.2%	0.19%
	FITB	C	0.12%	0.13%	0.12%
	FLO	D	0.02%	0.02%	0.02%
	FLS	B	0.03%	0.02%	0.02%
	FMC	C	0.03%	0.04%	0.03%
	FNB	D	0.02%	0.02%	0.02%
	FNF	B	0.06%	0.06%	0.06%
	FOX	A	0.02%	0.02%	0.02%
	FOXA	A	0.04%	0.04%	0.04%
	FR	D	0.03%	0.02%	0.02%
	FRT	D	0.04%	0.04%	0.04%
	FSLR	C	0.1%	0.12%	0.1%
	FYBR	C	0.03%	0.04%	0.03%
	G	A	0.03%	0.03%	0.03%
	GAP	F	0.02%	0.02%	0.02%
	GD	C	0.33%	0.34%	0.33%
	GE	C	0.6%	0.51%	0.51%
	GEHC	C	0.13%	0.19%	0.13%
	GEN	B	0.06%	0.07%	0.06%
	GEV	A	0.22%	0.17%	0.17%
	GILD	A	0.4%	0.46%	0.4%
	GIS	C	0.16%	0.18%	0.16%
	GL	C	0.04%	0.04%	0.04%
	GLPI	A	0.05%	0.04%	0.04%
	GLW	C	0.13%	0.15%	0.13%
	GM	D	0.23%	0.23%	0.23%
	GME	D	0.03%	0.04%	0.03%
	GMED	D	0.03%	0.04%	0.03%
	GNRC	B	0.02%	0.02%	0.02%
	GNTX	D	0.03%	0.01%	0.01%
	GPC	D	0.08%	0.09%	0.08%
	GPK	D	0.04%	0.04%	0.04%
	GPN	F	0.11%	0.11%	0.11%
	GRMN	D	0.11%	0.06%	0.06%
	GS	D	0.47%	0.7%	0.47%
	GWW	B	0.02%	0.05%	0.02%
	GXO	D	0.02%	0.01%	0.01%
	HAL	D	0.11%	0.11%	0.11%
	HAS	B	0.0%	0.04%	0.0%
	HBAN	D	0.09%	0.1%	0.09%
	HCA	C	0.23%	0.17%	0.17%
	HD	A	0.3%	1.11%	0.3%
	HIG	B	0.14%	0.15%	0.14%
	HII	F	0.04%	0.05%	0.04%
	HOG	D	0.02%	0.02%	0.02%
	HOLX	D	0.08%	0.08%	0.08%
	HON	C	0.46%	0.6%	0.46%
	HPE	B	0.1%	0.12%	0.1%
	HPQ	B	0.11%	0.15%	0.11%
	HRL	F	0.04%	0.04%	0.04%
	HSIC	D	0.04%	0.04%	0.04%
	HST	D	0.05%	0.02%	0.02%
	HSY	F	0.1%	0.08%	0.08%
	HUBB	B	0.09%	0.06%	0.06%
	HUM	F	0.17%	0.17%	0.17%
	HWM	A	0.15%	0.08%	0.08%
	HXL	F	0.02%	0.01%	0.01%
	IBKR	A	0.05%	0.03%	0.03%
	IBM	A	0.74%	0.91%	0.74%
	ICE	A	0.37%	0.41%	0.37%
	IDA	D	0.02%	0.02%	0.02%
	IEX	D	0.06%	0.07%	0.06%
	IFF	C	0.11%	0.12%	0.11%
	ILMN	B	0.08%	0.09%	0.08%
	INCY	B	0.05%	0.05%	0.05%
	INGR	B	0.04%	0.03%	0.03%
	INTC	D	0.38%	0.45%	0.38%
	INVH	F	0.09%	0.09%	0.09%
	IP	C	0.07%	0.08%	0.07%
	IPG	D	0.05%	0.05%	0.05%
	IPGP	D	0.01%	0.01%	0.01%
	IQV	F	0.16%	0.11%	0.11%
	IR	B	0.15%	0.04%	0.04%
	IRDM	B	0.01%	0.01%	0.01%
	IRM	A	0.06%	0.08%	0.06%
	ITW	B	0.19%	0.17%	0.17%
	IVZ	B	0.03%	0.04%	0.03%
	J	F	0.08%	0.09%	0.08%
	JAZZ	F	0.03%	0.02%	0.02%
	JBHT	D	0.06%	0.06%	0.06%
	JBL	C	0.05%	0.03%	0.03%
	JCI	C	0.17%	0.23%	0.17%
	JEF	A	0.03%	0.04%	0.03%
	JHG	B	0.02%	0.02%	0.02%
	JKHY	A	0.05%	0.06%	0.05%
	JLL	C	0.03%	0.06%	0.03%
	JNJ	D	1.61%	1.73%	1.61%
	JNPR	B	0.05%	0.06%	0.05%
	JPM	D	2.59%	2.67%	2.59%
	JWN	D	0.01%	0.01%	0.01%
	K	A	0.08%	0.1%	0.08%
	KBR	B	0.03%	0.02%	0.02%
	KD	D	0.02%	0.02%	0.02%
	KDP	C	0.16%	0.18%	0.16%
	KEX	C	0.03%	0.02%	0.02%
	KEY	C	0.06%	0.07%	0.06%
	KEYS	C	0.11%	0.12%	0.11%
	KHC	F	0.13%	0.14%	0.13%
	KIM	C	0.06%	0.07%	0.06%
	KMB	D	0.11%	0.21%	0.11%
	KMI	A	0.17%	0.19%	0.17%
	KMPR	D	0.02%	0.02%	0.02%
	KMX	F	0.05%	0.05%	0.05%
	KNX	D	0.03%	0.04%	0.03%
	KO	C	0.48%	0.76%	0.48%
	KR	C	0.14%	0.17%	0.14%
	KRC	C	0.02%	0.02%	0.02%
	KVUE	C	0.17%	0.2%	0.17%
	L	D	0.06%	0.06%	0.06%
	LAD	C	0.03%	0.04%	0.03%
	LAMR	C	0.03%	0.02%	0.02%
	LDOS	A	0.09%	0.1%	0.09%
	LEA	F	0.03%	0.03%	0.03%
	LEN	B	0.01%	0.09%	0.01%
	LEN	B	0.18%	0.09%	0.09%
	LFUS	D	0.03%	0.01%	0.01%
	LHX	A	0.18%	0.2%	0.18%
	LIN	B	0.92%	0.49%	0.49%
	LITE	A	0.02%	0.02%	0.02%
	LKQ	F	0.04%	0.05%	0.04%
	LMT	A	0.33%	0.55%	0.33%
	LNT	A	0.06%	0.07%	0.06%
	LOW	A	0.57%	0.68%	0.57%
	LPX	C	0.01%	0.01%	0.01%
	LSTR	F	0.03%	0.01%	0.01%
	LUV	B	0.07%	0.08%	0.07%
	LW	D	0.02%	0.01%	0.01%
	LYB	F	0.1%	0.11%	0.1%
	M	F	0.02%	0.02%	0.02%
	MAA	D	0.08%	0.08%	0.08%
	MAN	D	0.01%	0.02%	0.01%
	MAS	A	0.07%	0.04%	0.04%
	MASI	B	0.01%	0.01%	0.01%
	MAT	D	0.03%	0.02%	0.02%
	MCD	A	0.78%	0.54%	0.54%
	MCHP	F	0.17%	0.08%	0.08%
	MCK	F	0.17%	0.28%	0.17%
	MDLZ	D	0.39%	0.26%	0.26%
	MDT	C	0.47%	0.51%	0.47%
	MDU	C	0.02%	0.02%	0.02%
	MET	B	0.19%	0.22%	0.19%
	MGM	C	0.04%	0.01%	0.01%
	MHK	B	0.03%	0.04%	0.03%
	MIDD	D	0.03%	0.02%	0.02%
	MKC	C	0.08%	0.09%	0.08%
	MKSI	F	0.03%	0.02%	0.02%
	MKTX	B	0.04%	0.04%	0.04%
	MLM	F	0.12%	0.05%	0.05%
	MMC	D	0.39%	0.24%	0.24%
	MMM	C	0.24%	0.34%	0.24%
	MNST	D	0.03%	0.07%	0.03%
	MO	D	0.37%	0.39%	0.37%
	MOH	D	0.03%	0.04%	0.03%
	MOS	F	0.04%	0.04%	0.04%
	MPC	C	0.25%	0.11%	0.11%
	MRNA	F	0.1%	0.1%	0.1%
	MRO	C	0.07%	0.03%	0.03%
	MS	B	0.45%	0.58%	0.45%
	MSCI	B	0.08%	0.09%	0.08%
	MSI	A	0.15%	0.14%	0.14%
	MSM	D	0.02%	0.01%	0.01%
	MTB	C	0.11%	0.13%	0.11%
	MTCH	B	0.04%	0.04%	0.04%
	MTD	B	0.12%	0.09%	0.09%
	MTG	B	0.03%	0.02%	0.02%
	MTN	D	0.0%	0.01%	0.0%
	MTSI	C	0.02%	0.01%	0.01%
	MTZ	A	0.03%	0.03%	0.03%
	MU	D	0.43%	0.53%	0.43%
	NDAQ	B	0.12%	0.13%	0.12%
	NDSN	C	0.06%	0.06%	0.06%
	NEE	A	0.66%	0.77%	0.66%
	NEM	C	0.25%	0.28%	0.25%
	NFG	A	0.02%	0.02%	0.02%
	NI	A	0.06%	0.07%	0.06%
	NKE	D	0.15%	0.27%	0.15%
	NNN	A	0.03%	0.03%	0.03%
	NOC	B	0.29%	0.32%	0.29%
	NOV	F	0.03%	0.03%	0.03%
	NRG	A	0.04%	0.08%	0.04%
	NSA	C	0.01%	0.01%	0.01%
	NSC	D	0.23%	0.25%	0.23%
	NTAP	D	0.06%	0.07%	0.06%
	NTRS	C	0.07%	0.08%	0.07%
	NUE	C	0.15%	0.06%	0.06%
	NVST	D	0.01%	0.02%	0.01%
	NWS	D	0.01%	0.01%	0.01%
	NWSA	D	0.04%	0.04%	0.04%
	NXST	F	0.01%	0.02%	0.01%
	O	A	0.21%	0.24%	0.21%
	OGE	A	0.03%	0.04%	0.03%
	OHI	C	0.04%	0.03%	0.03%
	OKE	A	0.22%	0.09%	0.09%
	OLN	C	0.02%	0.02%	0.02%
	OMC	C	0.08%	0.09%	0.08%
	ON	F	0.13%	0.08%	0.08%
	ORI	B	0.04%	0.04%	0.04%
	ORLY	A	0.02%	0.08%	0.02%
	OSK	F	0.03%	0.03%	0.03%
	OTIS	A	0.15%	0.11%	0.11%
	OXY	D	0.15%	0.15%	0.15%
	OZK	D	0.02%	0.01%	0.01%
	PAG	D	0.01%	0.01%	0.01%
	PARA	F	0.03%	0.03%	0.03%
	PAYC	D	0.01%	0.02%	0.01%
	PAYX	A	0.11%	0.11%	0.11%
	PB	D	0.03%	0.03%	0.03%
	PCAR	C	0.2%	0.06%	0.06%
	PCG	C	0.17%	0.19%	0.17%
	PEG	A	0.16%	0.2%	0.16%
	PEP	F	0.2%	0.67%	0.2%
	PFE	D	0.66%	0.73%	0.66%
	PFG	C	0.08%	0.08%	0.08%
	PFGC	A	0.04%	0.05%	0.04%
	PG	D	1.26%	1.11%	1.11%
	PGR	C	0.09%	0.33%	0.09%
	PH	B	0.31%	0.08%	0.08%
	PII	D	0.02%	0.02%	0.02%
	PKG	B	0.07%	0.09%	0.07%
	PLD	D	0.47%	0.52%	0.47%
	PM	D	0.77%	0.53%	0.53%
	PNC	C	0.29%	0.32%	0.29%
	PNFP	D	0.03%	0.02%	0.02%
	PNR	B	0.06%	0.02%	0.02%
	PNW	B	0.04%	0.04%	0.04%
	POST	D	0.02%	0.02%	0.02%
	PPC	D	0.01%	0.01%	0.01%
	PPG	D	0.12%	0.14%	0.12%
	PPL	B	0.09%	0.11%	0.09%
	PRGO	F	0.02%	0.02%	0.02%
	PRU	C	0.17%	0.19%	0.17%
	PSA	C	0.18%	0.15%	0.15%
	PSN	A	0.02%	0.01%	0.01%
	PSX	D	0.24%	0.24%	0.24%
	PTC	D	0.03%	0.04%	0.03%
	PVH	F	0.02%	0.03%	0.02%
	PWR	B	0.11%	0.06%	0.06%
	PYPL	C	0.3%	0.35%	0.3%
	QCOM	C	0.05%	0.41%	0.05%
	QRVO	F	0.04%	0.04%	0.04%
	R	C	0.03%	0.03%	0.03%
	RCM	B	0.01%	0.01%	0.01%
	REG	C	0.05%	0.05%	0.05%
	REGN	D	0.46%	0.2%	0.2%
	REXR	D	0.04%	0.03%	0.03%
	RF	C	0.09%	0.09%	0.09%
	RGA	C	0.06%	0.06%	0.06%
	RGLD	C	0.04%	0.02%	0.02%
	RH	C	0.01%	0.01%	0.01%
	RJF	B	0.09%	0.1%	0.09%
	RL	B	0.03%	0.02%	0.02%
	RLI	A	0.02%	0.01%	0.01%
	RMD	C	0.1%	0.16%	0.1%
	RNR	A	0.05%	0.03%	0.03%
	ROIV	D	0.02%	0.01%	0.01%
	ROK	C	0.11%	0.07%	0.07%
	ROP	C	0.24%	0.15%	0.15%
	RPM	B	0.05%	0.03%	0.03%
	RRX	C	0.04%	0.05%	0.04%
	RSG	C	0.17%	0.08%	0.08%
	RTX	A	0.66%	0.71%	0.66%
	RVTY	C	0.06%	0.07%	0.06%
	RYN	C	0.02%	0.01%	0.01%
	SAIC	A	0.03%	0.02%	0.02%
	SAM	C	0.01%	0.01%	0.01%
	SBAC	C	0.1%	0.07%	0.07%
	SBUX	C	0.1%	0.2%	0.1%
	SCHW	D	0.35%	0.43%	0.35%
	SCI	D	0.04%	0.03%	0.03%
	SEIC	B	0.03%	0.02%	0.02%
	SF	A	0.04%	0.04%	0.04%
	SHW	C	0.03%	0.2%	0.03%
	SJM	D	0.05%	0.06%	0.05%
	SLB	D	0.25%	0.27%	0.25%
	SLGN	C	0.02%	0.02%	0.02%
	SLM	C	0.02%	0.01%	0.01%
	SMG	B	0.01%	0.01%	0.01%
	SNA	A	0.06%	0.04%	0.04%
	SNV	D	0.03%	0.03%	0.03%
	SNX	D	0.04%	0.04%	0.04%
	SO	A	0.38%	0.44%	0.38%
	SOLV	C	0.04%	0.04%	0.04%
	SON	D	0.02%	0.02%	0.02%
	SPG	A	0.16%	0.14%	0.14%
	SPGI	B	0.64%	0.41%	0.41%
	SRCL	A	0.02%	0.03%	0.02%
	SRE	B	0.21%	0.23%	0.21%
	ST	F	0.02%	0.02%	0.02%
	STAG	D	0.03%	0.02%	0.02%
	STE	D	0.1%	0.05%	0.05%
	STLD	B	0.07%	0.03%	0.03%
	STT	C	0.11%	0.12%	0.11%
	STWD	C	0.02%	0.03%	0.02%
	STZ	D	0.15%	0.18%	0.15%
	SW	C	0.05%	0.11%	0.05%
	SWK	C	0.06%	0.08%	0.06%
	SWKS	F	0.07%	0.07%	0.07%
	SYF	B	0.08%	0.09%	0.08%
	SYK	C	0.37%	0.2%	0.2%
	SYY	D	0.06%	0.17%	0.06%
	T	A	0.57%	0.7%	0.57%
	TAP	D	0.04%	0.04%	0.04%
	TDY	A	0.08%	0.09%	0.08%
	TECH	D	0.05%	0.06%	0.05%
	TER	C	0.01%	0.1%	0.01%
	TFC	D	0.24%	0.25%	0.24%
	TFX	C	0.05%	0.05%	0.05%
	TGT	D	0.29%	0.32%	0.29%
	THC	D	0.06%	0.07%	0.06%
	THG	C	0.02%	0.02%	0.02%
	THO	C	0.02%	0.03%	0.02%
	TJX	D	0.22%	0.21%	0.21%
	TKO	A	0.03%	0.02%	0.02%
	TKR	D	0.02%	0.01%	0.01%
	TMO	D	0.94%	0.65%	0.65%
	TMUS	A	0.39%	0.45%	0.39%
	TNL	C	0.01%	0.0%	0.0%
	TPR	C	0.04%	0.05%	0.04%
	TRMB	B	0.06%	0.07%	0.06%
	TROW	D	0.09%	0.11%	0.09%
	TRV	C	0.21%	0.24%	0.21%
	TSN	D	0.07%	0.08%	0.07%
	TT	A	0.22%	0.12%	0.12%
	TTC	D	0.04%	0.02%	0.02%
	TTWO	F	0.11%	0.06%	0.06%
	TXN	C	0.69%	0.54%	0.54%
	TXT	F	0.07%	0.07%	0.07%
	UA	B	0.0%	0.0%	0.0%
	UAA	B	0.01%	0.01%	0.01%
	UAL	B	0.06%	0.08%	0.06%
	UDR	C	0.06%	0.06%	0.06%
	UGI	C	0.02%	0.02%	0.02%
	UHS	D	0.06%	0.06%	0.06%
	ULTA	D	0.01%	0.03%	0.01%
	UNH	B	2.03%	1.48%	1.48%
	UNM	A	0.04%	0.04%	0.04%
	UNP	D	0.33%	0.36%	0.33%
	UPS	D	0.38%	0.44%	0.38%
	USB	D	0.3%	0.32%	0.3%
	USFD	C	0.05%	0.07%	0.05%
	UTHR	C	0.06%	0.04%	0.04%
	VAC	D	0.01%	0.01%	0.01%
	VICI	C	0.14%	0.15%	0.14%
	VLO	D	0.19%	0.19%	0.19%
	VLTO	A	0.06%	0.12%	0.06%
	VMC	D	0.1%	0.05%	0.05%
	VMI	B	0.02%	0.03%	0.02%
	VNO	A	0.02%	0.03%	0.02%
	VOYA	A	0.03%	0.02%	0.02%
	VRSN	B	0.06%	0.04%	0.04%
	VRTX	D	0.26%	0.19%	0.19%
	VTR	C	0.1%	0.12%	0.1%
	VTRS	D	0.06%	0.06%	0.06%
	VZ	B	0.71%	0.84%	0.71%
	WAB	B	0.12%	0.14%	0.12%
	WAL	C	0.04%	0.02%	0.02%
	WAT	B	0.03%	0.06%	0.03%
	WBA	F	0.03%	0.03%	0.03%
	WBD	D	0.08%	0.08%	0.08%
	WBS	D	0.03%	0.04%	0.03%
	WCC	D	0.03%	0.03%	0.03%
	WDC	C	0.09%	0.1%	0.09%
	WEC	A	0.12%	0.13%	0.12%
	WELL	C	0.29%	0.33%	0.29%
	WEN	D	0.01%	0.01%	0.01%
	WFC	F	0.82%	0.85%	0.82%
	WH	C	0.02%	0.01%	0.01%
	WHR	C	0.02%	0.03%	0.02%
	WMB	A	0.22%	0.15%	0.15%
	WMT	A	1.35%	1.54%	1.35%
	WPC	C	0.05%	0.06%	0.05%
	WRB	C	0.07%	0.08%	0.07%
	WTFC	C	0.03%	0.03%	0.03%
	WTRG	D	0.04%	0.02%	0.02%
	WTW	C	0.12%	0.13%	0.12%
	WU	D	0.01%	0.01%	0.01%
	WY	C	0.09%	0.11%	0.09%
	X	F	0.03%	0.04%	0.03%
	XEL	B	0.14%	0.16%	0.14%
	XOM	A	2.12%	2.29%	2.12%
	XRAY	D	0.02%	0.02%	0.02%
	XYL	C	0.13%	0.15%	0.13%
	YETI	C	0.01%	0.01%	0.01%
	YUM	B	0.09%	0.09%	0.09%
	ZBH	F	0.09%	0.1%	0.09%
	ZBRA	C	0.06%	0.08%	0.06%
	ZI	D	0.01%	0.01%	0.01%
	ZION	D	0.03%	0.03%	0.03%
	ZTS	C	0.06%	0.18%	0.06%

VONV Overweight 229 Positions Relative to IUSV

	Symbol	Grade	Weight
	AMD	B	0.33%
	KKR	C	0.24%
	TDG	B	0.24%
	MRVL	B	0.24%
	MAR	B	0.22%
	DHI	C	0.22%
	ACGL	B	0.16%
	URI	C	0.15%
	ROST	D	0.15%
	FANG	C	0.14%
	CRM	B	0.14%
	HLT	B	0.11%
	NVR	B	0.11%
	PHM	A	0.11%
	FCNCA	D	0.1%
	RCL	C	0.1%
	FTV	C	0.1%
	SQ	D	0.09%
	BLDR	B	0.08%
	MSTR	B	0.08%
	LNG	A	0.08%
	RS	D	0.07%
	WSO	C	0.07%
	SUI	D	0.07%
	ZM	C	0.07%
	CSL	A	0.07%
	TRU	A	0.07%
	GGG	C	0.06%
	OC	C	0.06%
	TOL	A	0.06%
	APO	B	0.06%
	MKL	C	0.06%
	RBA	D	0.06%
	SSNC	C	0.06%
	NVT	D	0.05%
	RPRX	D	0.05%
	ITT	C	0.05%
	BLD	D	0.05%
	OVV	D	0.05%
	FTI	B	0.05%
	RIVN	F	0.05%
	CLH	C	0.05%
	AMAT	B	0.05%
	HOOD	C	0.05%
	HES	C	0.05%
	TWLO	B	0.04%
	NYT	C	0.04%
	FTNT	B	0.04%
	WST	D	0.04%
	PRI	A	0.04%
	CHRD	F	0.04%
	WWD	C	0.04%
	TTEK	A	0.04%
	DOX	B	0.04%
	AFRM	C	0.04%
	QGEN	F	0.04%
	APA	F	0.04%
	CVNA	A	0.04%
	CE	C	0.04%
	NTNX	C	0.04%
	EME	C	0.04%
	CASY	D	0.04%
	VFC	B	0.03%
	RHI	D	0.03%
	FICO	A	0.03%
	WMS	D	0.03%
	BPOP	D	0.03%
	Z	C	0.03%
	GWRE	A	0.03%
	OKTA	F	0.03%
	XP	F	0.03%
	MSA	F	0.03%
	EXAS	C	0.03%
	BFAM	B	0.03%
	SOFI	C	0.03%
	WSM	B	0.03%
	SWN	D	0.03%
	SSD	B	0.03%
	PR	D	0.03%
	HRB	C	0.03%
	RRC	B	0.03%
	AGNC	C	0.03%
	CROX	C	0.03%
	RGEN	F	0.03%
	WEX	C	0.03%
	WYNN	B	0.03%
	ROKU	B	0.03%
	HLI	B	0.03%
	ACHC	F	0.03%
	BWXT	A	0.03%
	FND	C	0.03%
	CRBG	B	0.03%
	CMA	C	0.03%
	ELAN	C	0.03%
	LECO	F	0.03%
	CR	C	0.03%
	ONTO	C	0.03%
	ATI	C	0.03%
	COKE	C	0.03%
	AXTA	C	0.03%
	FCN	C	0.03%
	APG	F	0.03%
	ALSN	A	0.03%
	BKNG	C	0.03%
	ACI	F	0.03%
	COLD	D	0.03%
	TW	A	0.03%
	SKX	D	0.03%
	RBC	C	0.03%
	TYL	B	0.02%
	DXC	B	0.02%
	NEU	F	0.02%
	LSXMK	D	0.02%
	W	D	0.02%
	IAC	D	0.02%
	SITE	D	0.02%
	BYD	C	0.02%
	UHAL	B	0.02%
	SAIA	D	0.02%
	BILL	D	0.02%
	AGO	B	0.02%
	FRPT	C	0.02%
	DBX	B	0.02%
	CIVI	F	0.02%
	OLED	C	0.02%
	ALK	C	0.02%
	S	D	0.02%
	GFS	F	0.02%
	WTM	C	0.02%
	ZG	C	0.02%
	AL	D	0.02%
	SEE	D	0.02%
	WLK	C	0.02%
	WSC	D	0.02%
	SN	A	0.02%
	VNT	F	0.02%
	OLLI	C	0.02%
	LBRDK	B	0.02%
	LNC	D	0.02%
	OMF	F	0.02%
	DASH	B	0.02%
	H	C	0.02%
	OGN	F	0.02%
	COIN	F	0.02%
	ESAB	C	0.02%
	ESI	C	0.02%
	MTDR	F	0.02%
	AXS	A	0.02%
	SNDR	C	0.01%
	LYFT	D	0.01%
	CERT	F	0.01%
	TRIP	F	0.01%
	INFA	D	0.01%
	LEG	D	0.01%
	MP	B	0.01%
	REYN	D	0.01%
	BROS	F	0.01%
	AZEK	C	0.01%
	GO	F	0.01%
	VSTS	D	0.01%
	FTRE	F	0.01%
	PSTG	F	0.01%
	SHC	C	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	GLOB	C	0.01%
	ADTN	C	0.01%
	HAYW	C	0.01%
	EXP	B	0.01%
	KSS	D	0.01%
	ETSY	F	0.01%
	HHH	C	0.01%
	BOKF	D	0.01%
	PINC	F	0.01%
	AGR	B	0.01%
	VIRT	B	0.01%
	CWEN	C	0.01%
	MPW	C	0.01%
	AAP	F	0.01%
	U	D	0.01%
	RKT	D	0.01%
	SPB	C	0.01%
	CLVT	D	0.01%
	PENN	D	0.01%
	LOPE	D	0.01%
	NWL	F	0.01%
	FHB	D	0.01%
	CPRT	C	0.01%
	PK	D	0.01%
	TPG	B	0.01%
	PLNT	B	0.01%
	HIW	C	0.01%
	MSGS	A	0.01%
	LCID	D	0.01%
	SPR	F	0.01%
	HUN	C	0.01%
	DNB	D	0.01%
	AWI	A	0.01%
	COTY	F	0.01%
	ALNY	C	0.01%
	GTES	C	0.01%
	UHAL	B	0.0%
	SEG	D	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	UI	A	0.0%
	IONS	F	0.0%
	LBRDA	B	0.0%
	PLTK	C	0.0%
	CACC	F	0.0%
	SIRI	C	0.0%
	TFSL	F	0.0%
	PATH	F	0.0%
	HCP	A	0.0%
	CWEN	C	0.0%
	SEB	F	0.0%
	TXG	F	0.0%
	FIVE	D	0.0%
	CAR	F	0.0%
	LSCC	D	0.0%
	PYCR	D	0.0%
	NCNO	D	0.0%
	DDS	D	0.0%
	AMC	F	0.0%
	CNA	D	0.0%
	WOLF	F	0.0%
	EXEL	B	0.0%
	DV	F	0.0%

VONV Underweight 113 Positions Relative to IUSV

	Symbol	Grade	Weight
	COST	C	-1.01%
	MRK	F	-0.77%
	V	C	-0.7%
	MA	A	-0.51%
	AMT	C	-0.28%
	ISRG	C	-0.26%
	CME	A	-0.22%
	MCO	D	-0.18%
	WM	B	-0.18%
	COR	F	-0.17%
	BX	C	-0.14%
	ADSK	C	-0.13%
	ABNB	D	-0.13%
	TEL	D	-0.12%
	CLX	C	-0.09%
	VRSK	C	-0.08%
	TSCO	B	-0.08%
	LH	D	-0.08%
	IDXX	D	-0.08%
	NXPI	F	-0.07%
	COO	C	-0.06%
	STX	B	-0.06%
	PODD	C	-0.05%
	NLY	C	-0.05%
	DXCM	F	-0.05%
	ROL	C	-0.04%
	FLR	C	-0.04%
	ENPH	F	-0.04%
	ERIE	B	-0.03%
	KRG	C	-0.03%
	ONB	D	-0.03%
	POOL	B	-0.03%
	SFM	A	-0.03%
	CMC	D	-0.03%
	HR	D	-0.03%
	BURL	D	-0.03%
	XPO	F	-0.03%
	ESNT	C	-0.03%
	LVS	B	-0.03%
	SSB	C	-0.03%
	TMHC	C	-0.03%
	GBCI	C	-0.02%
	TPL	A	-0.02%
	DVA	C	-0.02%
	NYCB	D	-0.02%
	NWE	B	-0.02%
	CNO	C	-0.02%
	ALE	A	-0.02%
	VLY	C	-0.02%
	PNM	B	-0.02%
	SR	D	-0.02%
	OGS	C	-0.02%
	ORA	C	-0.02%
	ASGN	D	-0.02%
	SBRA	C	-0.02%
	BKH	C	-0.02%
	SWX	C	-0.02%
	AVNT	C	-0.02%
	IRT	D	-0.02%
	UMBF	C	-0.02%
	NJR	C	-0.02%
	UBSI	D	-0.02%
	BDC	B	-0.02%
	HOMB	D	-0.02%
	POR	D	-0.02%
	ALTM	D	-0.01%
	BLKB	C	-0.01%
	KNF	C	-0.01%
	VC	F	-0.01%
	MMS	C	-0.01%
	NSP	F	-0.01%
	TEX	F	-0.01%
	CADE	D	-0.01%
	GEF	D	-0.01%
	HAE	D	-0.01%
	VNOM	A	-0.01%
	LIVN	B	-0.01%
	POWI	F	-0.01%
	SYNA	F	-0.01%
	IBOC	D	-0.01%
	EQH	C	-0.01%
	LANC	F	-0.01%
	CHX	C	-0.01%
	CBT	C	-0.01%
	HWC	D	-0.01%
	CDP	A	-0.01%
	VSH	F	-0.01%
	SRPT	F	-0.01%
	ENS	D	-0.01%
	GT	F	-0.01%
	OPCH	F	-0.01%
	SIGI	D	-0.01%
	NOVT	D	-0.01%
	EXLS	A	-0.01%
	GHC	C	-0.01%
	CVLT	C	-0.01%
	MUR	F	-0.01%
	EXPO	A	-0.01%
	FFIN	D	-0.01%
	ALV	F	-0.01%
	FHI	C	-0.01%
	AZPN	B	-0.01%
	KBH	C	-0.01%
	GATX	F	-0.01%
	PBF	F	-0.01%
	ASB	F	-0.01%
	NEOG	F	-0.01%
	PCH	C	-0.01%
	CYTK	D	-0.01%
	TCBI	C	-0.01%
	HQY	C	-0.01%
	WMG	C	-0.0%
	HGV	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 Business Services Semiconductors Biotechnology Specialty Retail Capital Markets Diagnostics & Research 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 Beverage Dow Jones Component Plastic

IUSV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Packaged Foods Semiconductors Packaging & Containers Specialty Chemicals Capital Markets Medical Instruments & Supplies Software - Application Biotechnology Insurance - Property & Casualty Oil & Gas E&P Specialty Retail Information Technology Services Medical Devices REIT - Diversified

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