VONV vs. IWP ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares Russell Midcap Growth ETF (IWP)

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

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of 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. It seeks to track the investment results of the Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.36

Average Daily Volume

1,023,862

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IWP
30 Days	3.51%	12.16%
60 Days	4.96%	14.69%
90 Days	7.00%	17.57%
12 Months	29.73%	40.60%

185 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IWP	Overlap
	AAL	B	0.03%	0.02%	0.02%
	AJG	B	0.23%	0.14%	0.14%
	ALGN	D	0.03%	0.32%	0.03%
	ALL	A	0.17%	0.26%	0.17%
	ALLY	C	0.03%	0.04%	0.03%
	ALNY	D	0.02%	0.86%	0.02%
	AM	A	0.01%	0.06%	0.01%
	AMP	A	0.02%	1.68%	0.02%
	AVY	D	0.04%	0.2%	0.04%
	AWI	A	0.02%	0.07%	0.02%
	AZEK	A	0.01%	0.15%	0.01%
	BFAM	D	0.03%	0.03%	0.03%
	BILL	A	0.02%	0.07%	0.02%
	BLD	D	0.04%	0.03%	0.03%
	BLDR	D	0.07%	0.06%	0.06%
	BPOP	B	0.02%	0.02%	0.02%
	BR	A	0.01%	0.8%	0.01%
	BRKR	D	0.01%	0.12%	0.01%
	BRO	B	0.06%	0.38%	0.06%
	BROS	B	0.01%	0.07%	0.01%
	BWXT	B	0.04%	0.08%	0.04%
	CACC	D	0.0%	0.07%	0.0%
	CAH	B	0.04%	0.56%	0.04%
	CAR	C	0.0%	0.02%	0.0%
	CASY	A	0.05%	0.08%	0.05%
	CC	C	0.01%	0.01%	0.01%
	CDW	F	0.05%	0.39%	0.05%
	CE	F	0.04%	0.07%	0.04%
	CGNX	C	0.03%	0.01%	0.01%
	CHE	D	0.03%	0.03%	0.03%
	CHH	A	0.0%	0.11%	0.0%
	CIVI	D	0.01%	0.05%	0.01%
	CLF	F	0.02%	0.06%	0.02%
	CNM	D	0.01%	0.17%	0.01%
	COIN	C	0.02%	1.65%	0.02%
	CROX	D	0.02%	0.03%	0.02%
	CSL	C	0.07%	0.09%	0.07%
	CVNA	B	0.07%	0.3%	0.07%
	DAY	B	0.04%	0.04%	0.04%
	DBX	B	0.02%	0.06%	0.02%
	DJT	C	0.0%	0.03%	0.0%
	DKS	C	0.04%	0.03%	0.03%
	DOCS	C	0.02%	0.01%	0.01%
	DPZ	C	0.04%	0.17%	0.04%
	DRI	B	0.04%	0.34%	0.04%
	DV	C	0.0%	0.05%	0.0%
	EFX	F	0.1%	0.2%	0.1%
	EG	C	0.05%	0.09%	0.05%
	EME	C	0.05%	0.3%	0.05%
	EPAM	C	0.04%	0.03%	0.03%
	EQT	B	0.08%	0.05%	0.05%
	ETSY	D	0.01%	0.12%	0.01%
	EXAS	D	0.03%	0.12%	0.03%
	EXEL	B	0.01%	0.27%	0.01%
	EXP	A	0.01%	0.25%	0.01%
	EXPD	D	0.06%	0.09%	0.06%
	FAST	B	0.03%	1.29%	0.03%
	FDS	B	0.04%	0.21%	0.04%
	FICO	B	0.03%	1.48%	0.03%
	FIVE	F	0.0%	0.12%	0.0%
	FND	C	0.03%	0.13%	0.03%
	FRPT	B	0.02%	0.07%	0.02%
	FTRE	D	0.01%	0.01%	0.01%
	GEHC	F	0.14%	0.11%	0.11%
	GLOB	B	0.01%	0.21%	0.01%
	GNRC	B	0.02%	0.17%	0.02%
	GWRE	A	0.03%	0.23%	0.03%
	GWW	B	0.02%	1.45%	0.02%
	H	B	0.02%	0.03%	0.02%
	HAS	D	0.0%	0.25%	0.0%
	HCP	B	0.0%	0.12%	0.0%
	HES	B	0.05%	0.86%	0.05%
	HLI	B	0.03%	0.03%	0.03%
	HLT	A	0.11%	1.02%	0.11%
	HPQ	B	0.11%	0.28%	0.11%
	HRB	D	0.03%	0.05%	0.03%
	HSY	F	0.09%	0.11%	0.09%
	HWM	A	0.15%	0.09%	0.09%
	INCY	C	0.04%	0.02%	0.02%
	IONS	F	0.0%	0.16%	0.0%
	IQV	D	0.13%	0.13%	0.13%
	IRDM	D	0.01%	0.01%	0.01%
	IRM	D	0.06%	0.62%	0.06%
	JBL	B	0.05%	0.04%	0.04%
	JEF	A	0.03%	0.12%	0.03%
	JLL	D	0.04%	0.13%	0.04%
	KBR	F	0.03%	0.02%	0.02%
	KMX	B	0.04%	0.03%	0.03%
	LAMR	D	0.03%	0.09%	0.03%
	LBRDA	C	0.0%	0.01%	0.0%
	LBRDK	C	0.03%	0.08%	0.03%
	LECO	B	0.03%	0.1%	0.03%
	LNG	B	0.09%	0.81%	0.09%
	LOPE	B	0.01%	0.05%	0.01%
	LPX	B	0.01%	0.16%	0.01%
	LSCC	D	0.0%	0.19%	0.0%
	LW	C	0.03%	0.11%	0.03%
	LYFT	C	0.01%	0.15%	0.01%
	MASI	A	0.01%	0.12%	0.01%
	MKL	A	0.06%	0.17%	0.06%
	MKSI	C	0.03%	0.01%	0.01%
	MLM	B	0.14%	0.07%	0.07%
	MOH	F	0.03%	0.35%	0.03%
	MSCI	C	0.07%	0.86%	0.07%
	MSGS	A	0.02%	0.01%	0.01%
	MSTR	C	0.14%	0.11%	0.11%
	MTDR	B	0.02%	0.02%	0.02%
	MTN	C	0.0%	0.18%	0.0%
	NCNO	B	0.0%	0.07%	0.0%
	NFE	D	0.0%	0.01%	0.0%
	NRG	B	0.04%	0.26%	0.04%
	NTAP	C	0.05%	0.35%	0.05%
	NTNX	A	0.04%	0.16%	0.04%
	NXST	C	0.01%	0.06%	0.01%
	OKTA	C	0.03%	0.17%	0.03%
	OLED	D	0.02%	0.13%	0.02%
	ONTO	D	0.03%	0.07%	0.03%
	PATH	C	0.0%	0.15%	0.0%
	PAYC	B	0.02%	0.23%	0.02%
	PAYX	C	0.11%	0.54%	0.11%
	PFGC	B	0.04%	0.06%	0.04%
	PLNT	A	0.01%	0.15%	0.01%
	PPC	C	0.01%	0.01%	0.01%
	PR	B	0.03%	0.07%	0.03%
	PSTG	D	0.01%	0.42%	0.01%
	PTC	A	0.03%	0.45%	0.03%
	PWR	A	0.12%	0.47%	0.12%
	PYCR	C	0.0%	0.0%	0.0%
	RCL	A	0.13%	0.62%	0.13%
	RGEN	D	0.03%	0.03%	0.03%
	RH	B	0.02%	0.03%	0.02%
	RLI	B	0.02%	0.01%	0.01%
	RMD	C	0.1%	0.3%	0.1%
	ROK	B	0.11%	0.1%	0.1%
	ROKU	D	0.03%	0.04%	0.03%
	ROST	C	0.14%	0.35%	0.14%
	RPM	A	0.05%	0.13%	0.05%
	S	B	0.02%	0.04%	0.02%
	SAIA	B	0.02%	0.26%	0.02%
	SAM	C	0.01%	0.02%	0.01%
	SEE	C	0.02%	0.01%	0.01%
	SITE	D	0.02%	0.08%	0.02%
	SKX	D	0.03%	0.02%	0.02%
	SN	D	0.02%	0.04%	0.02%
	SOFI	A	0.04%	0.07%	0.04%
	SPG	B	0.16%	0.49%	0.16%
	SPR	D	0.01%	0.02%	0.01%
	SQ	B	0.09%	0.64%	0.09%
	SSD	D	0.03%	0.02%	0.02%
	SYY	B	0.06%	0.76%	0.06%
	TER	D	0.01%	0.48%	0.01%
	TKO	B	0.03%	0.04%	0.03%
	TPG	A	0.02%	0.04%	0.02%
	TRIP	F	0.01%	0.0%	0.0%
	TRU	D	0.07%	0.03%	0.03%
	TTEK	F	0.04%	0.08%	0.04%
	TW	A	0.04%	0.19%	0.04%
	TWLO	A	0.04%	0.11%	0.04%
	TXG	F	0.0%	0.03%	0.0%
	TYL	B	0.02%	0.7%	0.02%
	U	C	0.01%	0.08%	0.01%
	UHAL	D	0.02%	0.01%	0.01%
	UHAL	D	0.0%	0.09%	0.0%
	UHAL	D	0.02%	0.09%	0.02%
	UHAL	D	0.0%	0.01%	0.0%
	UI	A	0.0%	0.02%	0.0%
	ULTA	F	0.01%	0.49%	0.01%
	URI	B	0.16%	0.44%	0.16%
	UWMC	D	0.0%	0.01%	0.0%
	VLTO	D	0.06%	0.37%	0.06%
	VMC	B	0.11%	0.31%	0.11%
	VRSN	F	0.06%	0.03%	0.03%
	WAT	B	0.03%	0.42%	0.03%
	WEN	D	0.01%	0.05%	0.01%
	WEX	D	0.03%	0.02%	0.02%
	WH	B	0.02%	0.02%	0.02%
	WMS	D	0.03%	0.11%	0.03%
	WSC	D	0.02%	0.06%	0.02%
	WSM	B	0.03%	0.32%	0.03%
	WST	C	0.04%	0.45%	0.04%
	WU	D	0.01%	0.01%	0.01%
	WYNN	D	0.04%	0.02%	0.02%
	YETI	C	0.01%	0.03%	0.01%
	YUM	B	0.09%	0.47%	0.09%
	ZBRA	B	0.06%	0.14%	0.06%

VONV Overweight 659 Positions Relative to IWP

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	XOM	B	2.1%
	UNH	C	1.94%
	JNJ	D	1.54%
	WMT	A	1.42%
	PG	A	1.21%
	BAC	A	1.14%
	CVX	A	1.03%
	WFC	A	0.91%
	CSCO	B	0.89%
	LIN	D	0.88%
	ACN	C	0.87%
	TMO	F	0.84%
	PM	B	0.83%
	ABBV	D	0.82%
	MCD	D	0.79%
	ABT	B	0.78%
	IBM	C	0.76%
	DIS	B	0.71%
	VZ	C	0.71%
	CMCSA	B	0.67%
	T	A	0.65%
	TXN	C	0.65%
	NEE	D	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	CAT	B	0.63%
	DHR	F	0.63%
	LOW	D	0.6%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	ETN	A	0.53%
	MS	A	0.51%
	COP	C	0.51%
	C	A	0.49%
	BSX	B	0.49%
	GS	A	0.48%
	CB	C	0.46%
	MDT	D	0.46%
	BMY	B	0.45%
	HON	B	0.45%
	MU	D	0.44%
	ADI	D	0.44%
	GILD	C	0.44%
	TMUS	B	0.43%
	KO	D	0.43%
	PLD	D	0.42%
	DE	A	0.41%
	SO	D	0.4%
	UPS	C	0.39%
	AXP	A	0.38%
	SCHW	B	0.38%
	MDLZ	F	0.37%
	INTC	D	0.37%
	MMC	B	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	SYK	C	0.36%
	ICE	C	0.35%
	BA	F	0.34%
	WELL	A	0.33%
	EQIX	A	0.33%
	GEV	B	0.33%
	AMD	F	0.32%
	HD	A	0.32%
	ELV	F	0.32%
	LMT	D	0.32%
	GD	F	0.32%
	CI	F	0.32%
	REGN	F	0.32%
	CME	A	0.32%
	PYPL	B	0.32%
	PH	A	0.32%
	FI	A	0.31%
	UNP	C	0.3%
	PNC	B	0.3%
	USB	A	0.3%
	CVS	D	0.29%
	AON	A	0.29%
	APD	A	0.28%
	TGT	F	0.28%
	CEG	D	0.28%
	EOG	A	0.28%
	NOC	D	0.28%
	KKR	A	0.27%
	BDX	F	0.27%
	FCX	D	0.26%
	CSX	B	0.26%
	VRTX	F	0.25%
	COF	B	0.25%
	EMR	A	0.25%
	FDX	B	0.25%
	MRVL	B	0.25%
	WMB	A	0.25%
	MAR	B	0.24%
	OKE	A	0.23%
	NSC	B	0.23%
	TDG	D	0.23%
	GM	B	0.23%
	SLB	C	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	DLR	B	0.23%
	MMM	D	0.23%
	AFL	B	0.23%
	TT	A	0.22%
	BK	A	0.22%
	TRV	B	0.22%
	MPC	D	0.21%
	O	D	0.21%
	AEP	D	0.21%
	TJX	A	0.21%
	NEM	D	0.21%
	SRE	A	0.21%
	PCAR	B	0.21%
	AIG	B	0.2%
	CARR	D	0.2%
	D	C	0.2%
	DHI	D	0.2%
	FIS	C	0.2%
	PSX	C	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	KMI	A	0.19%
	PEP	F	0.19%
	ITW	B	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PSA	D	0.18%
	PEG	A	0.18%
	CMI	A	0.18%
	MET	A	0.18%
	VLO	C	0.17%
	CRM	B	0.17%
	JCI	C	0.17%
	AME	A	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	MCHP	D	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	LEN	D	0.16%
	GLW	B	0.15%
	DAL	C	0.15%
	KDP	D	0.15%
	MCK	B	0.15%
	KR	B	0.15%
	STZ	D	0.15%
	DFS	B	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	AMGN	D	0.15%
	GIS	D	0.15%
	BKR	B	0.15%
	A	D	0.15%
	IR	B	0.15%
	NUE	C	0.14%
	EXR	D	0.14%
	CL	D	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	ED	D	0.14%
	NKE	D	0.14%
	ACGL	D	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	HIG	B	0.13%
	MTB	A	0.13%
	EW	C	0.13%
	CNC	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	APH	A	0.13%
	VICI	C	0.13%
	FANG	D	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	EBAY	D	0.12%
	XYL	D	0.12%
	CSGP	D	0.12%
	KHC	F	0.12%
	FITB	A	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	NDAQ	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	ADM	D	0.11%
	GPN	B	0.11%
	VTR	C	0.11%
	EQR	B	0.11%
	KMB	D	0.11%
	SW	A	0.11%
	PHM	D	0.11%
	AWK	D	0.11%
	MTD	D	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	STT	A	0.11%
	RJF	A	0.11%
	DELL	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	CHD	B	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	LDOS	C	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	HPE	B	0.1%
	BIIB	F	0.1%
	IFF	D	0.1%
	UAL	A	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	DOV	A	0.1%
	KEYS	A	0.1%
	WDC	D	0.09%
	CINF	A	0.09%
	SYF	B	0.09%
	STE	F	0.09%
	ZBH	C	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	PGR	A	0.09%
	HBAN	A	0.09%
	CBOE	B	0.09%
	LYB	F	0.09%
	WY	D	0.09%
	HUBB	B	0.09%
	ILMN	D	0.09%
	ES	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	APO	B	0.08%
	PFG	D	0.08%
	CFG	B	0.08%
	LH	C	0.08%
	INVH	D	0.08%
	IP	B	0.08%
	ARE	D	0.08%
	STLD	B	0.08%
	BBY	D	0.08%
	OMC	C	0.08%
	MKC	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	NTRS	A	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	FSLR	F	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	K	A	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	TSN	B	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	DGX	A	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	MAA	B	0.07%
	MAS	D	0.07%
	CTRA	B	0.07%
	ESS	B	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	CAG	D	0.06%
	UDR	B	0.06%
	RGA	A	0.06%
	SWKS	F	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	ACM	A	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	THC	D	0.06%
	JBHT	C	0.06%
	TOL	B	0.06%
	CF	B	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	LNT	A	0.06%
	APTV	D	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	D	0.06%
	NI	A	0.06%
	GEN	B	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	AMCR	D	0.06%
	IBKR	A	0.06%
	QCOM	F	0.05%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	SJM	D	0.05%
	CLH	B	0.05%
	UHS	D	0.05%
	BG	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	WPC	D	0.05%
	CACI	D	0.05%
	ALLE	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	EMN	D	0.05%
	NVT	B	0.05%
	BMRN	D	0.05%
	BXP	D	0.05%
	JNPR	F	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	RNR	C	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	FFIV	B	0.05%
	DTM	B	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	WBS	A	0.04%
	HRL	D	0.04%
	WAL	B	0.04%
	CPB	D	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	LAD	A	0.04%
	AOS	F	0.04%
	FRT	B	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	CIEN	B	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	B	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	TAP	C	0.04%
	PRI	A	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	FOXA	B	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	FBIN	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	CTLT	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	TPR	B	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	IPG	D	0.04%
	ATR	B	0.04%
	ALB	C	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	IVZ	B	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	FAF	A	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	PB	A	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	G	B	0.03%
	QRVO	F	0.03%
	STAG	F	0.03%
	JAZZ	B	0.03%
	WBA	F	0.03%
	COKE	C	0.03%
	RHI	B	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	MIDD	C	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	GNTX	C	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	SHW	A	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	MNST	C	0.03%
	ACI	C	0.03%
	BWA	D	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RL	B	0.03%
	RBC	A	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	BERY	B	0.03%
	BRX	A	0.03%
	FMC	D	0.03%
	ECL	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KNX	B	0.03%
	GMED	A	0.03%
	EGP	F	0.03%
	RIVN	F	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	TTC	D	0.03%
	CMA	A	0.03%
	ADP	B	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	CZR	F	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	KMPR	B	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	AN	C	0.02%
	GTES	A	0.02%
	W	F	0.02%
	FLO	D	0.02%
	GAP	C	0.02%
	M	D	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	AGO	B	0.02%
	AZO	C	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	RYN	D	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	SLM	A	0.02%
	BYD	C	0.02%
	HXL	D	0.02%
	OLN	D	0.02%
	AVT	C	0.02%
	OGN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	C	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	WHR	B	0.02%
	NFG	A	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	B	0.02%
	BEN	C	0.02%
	COLB	A	0.02%
	LFUS	F	0.02%
	ALK	C	0.02%
	ESI	A	0.02%
	AXS	A	0.02%
	DINO	D	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	STWD	C	0.02%
	DAR	C	0.02%
	VMI	B	0.02%
	ELAN	D	0.02%
	AGCO	D	0.02%
	R	B	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	GO	C	0.01%
	REYN	D	0.01%
	LEG	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	LEN	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	CRI	D	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	KSS	F	0.01%
	AAP	C	0.01%
	AZTA	D	0.01%
	LCID	F	0.01%
	IPGP	D	0.01%
	RKT	F	0.01%
	RCM	F	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	C	0.01%
	ADTN	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	SPB	C	0.01%
	CWEN	C	0.01%
	VIRT	B	0.01%
	AGR	B	0.01%
	ALGM	D	0.01%
	CXT	B	0.01%
	VAC	B	0.01%
	CLVT	F	0.01%
	COLM	B	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	PENN	C	0.01%
	AMED	F	0.01%
	CPRT	A	0.01%
	FHB	A	0.01%
	TNL	A	0.01%
	NWS	B	0.01%
	EPR	D	0.01%
	ZI	D	0.01%
	PRGO	B	0.01%
	HIW	D	0.01%
	DXC	B	0.01%
	IAC	D	0.01%
	NEU	C	0.01%
	PII	D	0.01%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	HUN	F	0.01%
	CTAS	B	0.01%
	NWL	B	0.01%
	SMG	D	0.01%
	SEG	B	0.0%
	PLTK	B	0.0%
	TFSL	A	0.0%
	SEB	F	0.0%
	CWEN	C	0.0%
	CNA	B	0.0%
	DDS	B	0.0%
	CERT	F	0.0%

VONV Underweight 103 Positions Relative to IWP

	Symbol	Grade	Weight
	PLTR	B	-4.32%
	APP	B	-2.49%
	TTD	B	-1.7%
	VST	B	-1.6%
	AXON	A	-1.41%
	VRT	B	-1.41%
	TRGP	B	-1.4%
	ODFL	B	-1.38%
	COR	B	-1.3%
	VRSK	A	-1.3%
	IT	C	-1.29%
	DDOG	A	-1.23%
	IDXX	F	-1.13%
	HUBS	A	-1.08%
	VEEV	C	-1.03%
	ARES	A	-1.0%
	DXCM	D	-0.99%
	TSCO	D	-0.97%
	CPNG	D	-0.93%
	MPWR	F	-0.88%
	NET	B	-0.88%
	DECK	A	-0.87%
	RBLX	C	-0.85%
	GDDY	A	-0.84%
	TPL	A	-0.83%
	CPAY	A	-0.81%
	LPLA	A	-0.76%
	EXPE	B	-0.75%
	CLX	B	-0.68%
	LYV	A	-0.67%
	LII	A	-0.64%
	MDB	C	-0.64%
	BAH	F	-0.62%
	ZS	C	-0.6%
	TOST	B	-0.59%
	DKNG	B	-0.59%
	PODD	C	-0.59%
	BURL	A	-0.56%
	XPO	B	-0.55%
	LVS	C	-0.55%
	HEI	B	-0.55%
	PINS	D	-0.55%
	NTRA	B	-0.54%
	MANH	D	-0.54%
	DOCU	A	-0.52%
	FIX	A	-0.51%
	DT	C	-0.5%
	ENTG	D	-0.48%
	ROL	B	-0.45%
	POOL	C	-0.44%
	TXRH	C	-0.43%
	EQH	B	-0.41%
	HEI	B	-0.39%
	NBIX	C	-0.38%
	DUOL	A	-0.37%
	NCLH	B	-0.37%
	OWL	A	-0.37%
	CAVA	B	-0.35%
	KNSL	B	-0.33%
	CHDN	B	-0.32%
	MUSA	A	-0.32%
	SRPT	D	-0.31%
	TPX	B	-0.3%
	AAON	B	-0.3%
	SMCI	F	-0.3%
	WING	D	-0.3%
	PEN	B	-0.29%
	MORN	B	-0.29%
	ITCI	C	-0.28%
	PCTY	B	-0.28%
	LNW	D	-0.27%
	ENPH	F	-0.26%
	MEDP	D	-0.26%
	DVA	B	-0.26%
	RYAN	B	-0.24%
	PCOR	B	-0.24%
	TREX	C	-0.24%
	SMAR	A	-0.24%
	ESTC	C	-0.23%
	GTLB	B	-0.23%
	CFLT	B	-0.22%
	ELF	C	-0.21%
	BSY	D	-0.21%
	FWONK	B	-0.2%
	WFRD	D	-0.19%
	FOUR	B	-0.19%
	VVV	F	-0.18%
	LAZ	B	-0.18%
	INSP	D	-0.17%
	VKTX	F	-0.17%
	APPF	B	-0.17%
	CELH	F	-0.15%
	PEGA	A	-0.13%
	RARE	D	-0.13%
	RNG	B	-0.1%
	FERG	B	-0.09%
	APLS	D	-0.09%
	FIVN	C	-0.09%
	TDC	D	-0.09%
	VNOM	A	-0.05%
	LOAR	A	-0.03%
	FWONA	B	-0.02%
	ALAB	B	-0.0%

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

IWP: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Business Services Building Materials Specialty Retail Diagnostics & Research Restaurants Leisure Capital Markets Aerospace & Defense Asset Management Engineering & Construction Industrial Distribution Oil & Gas E&P Semiconductor Equipment & Materials Diversified Industrials Information Technology Services Insurance - Property & Casualty Lodging

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing IBD 50 Insurance Medicine Natural Gas Software As A Service Building Materials Cloud Infrastructure Construction Software Biotechnology Transport Aerospace Biopharmaceutical Chemical Electronics Information Technology Management