VONV vs. JPME ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

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

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$109.93

Average Daily Volume

10,028

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	VONV	JPME
30 Days	3.51%	5.14%
60 Days	4.96%	5.14%
90 Days	7.00%	7.46%
12 Months	29.73%	30.14%

321 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in JPME	Overlap
	A	D	0.15%	0.29%	0.15%
	ACGL	D	0.14%	0.1%	0.1%
	ACHC	F	0.02%	0.17%	0.02%
	ACI	C	0.03%	0.3%	0.03%
	ADM	D	0.11%	0.29%	0.11%
	ADTN	A	0.01%	0.03%	0.01%
	AEE	A	0.09%	0.02%	0.02%
	AFG	A	0.04%	0.19%	0.04%
	AFL	B	0.23%	0.38%	0.23%
	AGO	B	0.02%	0.24%	0.02%
	AJG	B	0.23%	0.37%	0.23%
	AKAM	D	0.06%	0.12%	0.06%
	ALLY	C	0.03%	0.11%	0.03%
	ALSN	B	0.04%	0.51%	0.04%
	AM	A	0.01%	0.4%	0.01%
	AME	A	0.17%	0.39%	0.17%
	AMH	D	0.05%	0.26%	0.05%
	AMP	A	0.02%	0.48%	0.02%
	AN	C	0.02%	0.32%	0.02%
	ANSS	B	0.11%	0.34%	0.11%
	AOS	F	0.04%	0.28%	0.04%
	APA	D	0.03%	0.14%	0.03%
	AR	B	0.03%	0.3%	0.03%
	ASH	D	0.02%	0.26%	0.02%
	ATO	A	0.08%	0.42%	0.08%
	ATR	B	0.04%	0.01%	0.01%
	AVB	B	0.13%	0.38%	0.13%
	AVT	C	0.02%	0.14%	0.02%
	AVY	D	0.04%	0.3%	0.04%
	AXS	A	0.02%	0.15%	0.02%
	AYI	B	0.04%	0.09%	0.04%
	BBY	D	0.08%	0.29%	0.08%
	BG	F	0.05%	0.33%	0.05%
	BIIB	F	0.1%	0.04%	0.04%
	BKR	B	0.15%	0.18%	0.15%
	BLDR	D	0.07%	0.34%	0.07%
	BPOP	B	0.02%	0.3%	0.02%
	BRBR	A	0.03%	0.36%	0.03%
	BRKR	D	0.01%	0.2%	0.01%
	BRO	B	0.06%	0.17%	0.06%
	BRX	A	0.03%	0.4%	0.03%
	BWA	D	0.03%	0.13%	0.03%
	BYD	C	0.02%	0.27%	0.02%
	CACI	D	0.05%	0.4%	0.05%
	CAG	D	0.06%	0.31%	0.06%
	CAH	B	0.04%	0.4%	0.04%
	CASY	A	0.05%	0.41%	0.05%
	CBOE	B	0.09%	0.35%	0.09%
	CBRE	B	0.16%	0.44%	0.16%
	CC	C	0.01%	0.0%	0.0%
	CDW	F	0.05%	0.26%	0.05%
	CE	F	0.04%	0.19%	0.04%
	CF	B	0.06%	0.41%	0.06%
	CFG	B	0.08%	0.11%	0.08%
	CHD	B	0.1%	0.33%	0.1%
	CHE	D	0.03%	0.33%	0.03%
	CHTR	C	0.12%	0.39%	0.12%
	CIEN	B	0.04%	0.51%	0.04%
	CLF	F	0.02%	0.28%	0.02%
	CLH	B	0.05%	0.41%	0.05%
	CMA	A	0.03%	0.07%	0.03%
	CMI	A	0.18%	0.47%	0.18%
	CMS	C	0.08%	0.37%	0.08%
	CNA	B	0.0%	0.0%	0.0%
	CNC	D	0.13%	0.25%	0.13%
	CNM	D	0.01%	0.35%	0.01%
	CNXC	F	0.01%	0.06%	0.01%
	COKE	C	0.03%	0.34%	0.03%
	CPB	D	0.04%	0.32%	0.04%
	CPT	B	0.05%	0.2%	0.05%
	CR	A	0.03%	0.05%	0.03%
	CRI	D	0.01%	0.04%	0.01%
	CROX	D	0.02%	0.22%	0.02%
	CRUS	D	0.02%	0.27%	0.02%
	CSL	C	0.07%	0.42%	0.07%
	CTRA	B	0.07%	0.33%	0.07%
	CTVA	C	0.17%	0.3%	0.17%
	CUBE	D	0.04%	0.35%	0.04%
	CUZ	B	0.02%	0.15%	0.02%
	CWEN	C	0.01%	0.24%	0.01%
	CWEN	C	0.0%	0.24%	0.0%
	CXT	B	0.01%	0.1%	0.01%
	DFS	B	0.15%	0.14%	0.14%
	DGX	A	0.07%	0.39%	0.07%
	DHI	D	0.2%	0.33%	0.2%
	DINO	D	0.02%	0.35%	0.02%
	DKS	C	0.04%	0.36%	0.04%
	DLB	B	0.02%	0.22%	0.02%
	DOX	D	0.04%	0.3%	0.04%
	DRI	B	0.04%	0.26%	0.04%
	DTE	C	0.1%	0.37%	0.1%
	DTM	B	0.04%	0.5%	0.04%
	DVN	F	0.1%	0.27%	0.1%
	ED	D	0.14%	0.35%	0.14%
	EG	C	0.05%	0.31%	0.05%
	EGP	F	0.03%	0.23%	0.03%
	EHC	B	0.04%	0.42%	0.04%
	EIX	B	0.13%	0.36%	0.13%
	ELAN	D	0.02%	0.16%	0.02%
	EME	C	0.05%	0.38%	0.05%
	EMN	D	0.05%	0.39%	0.05%
	EPR	D	0.01%	0.33%	0.01%
	EQR	B	0.11%	0.29%	0.11%
	ESI	A	0.02%	0.39%	0.02%
	ESS	B	0.07%	0.31%	0.07%
	ETR	B	0.13%	0.45%	0.13%
	EVRG	A	0.05%	0.4%	0.05%
	EXC	C	0.16%	0.28%	0.16%
	EXEL	B	0.01%	0.43%	0.01%
	EXP	A	0.01%	0.21%	0.01%
	EXPD	D	0.06%	0.22%	0.06%
	FANG	D	0.13%	0.38%	0.13%
	FAST	B	0.03%	0.41%	0.03%
	FBIN	D	0.04%	0.32%	0.04%
	FCNCA	A	0.09%	0.43%	0.09%
	FE	C	0.1%	0.35%	0.1%
	FITB	A	0.12%	0.19%	0.12%
	FLO	D	0.02%	0.26%	0.02%
	FMC	D	0.03%	0.21%	0.03%
	FNB	A	0.02%	0.07%	0.02%
	FNF	B	0.06%	0.18%	0.06%
	FR	C	0.03%	0.23%	0.03%
	FRPT	B	0.02%	0.27%	0.02%
	FRT	B	0.04%	0.18%	0.04%
	FTRE	D	0.01%	0.03%	0.01%
	FYBR	D	0.04%	0.37%	0.04%
	GEHC	F	0.14%	0.07%	0.07%
	GEN	B	0.06%	0.33%	0.06%
	GGG	B	0.05%	0.35%	0.05%
	GIS	D	0.15%	0.32%	0.15%
	GLPI	C	0.05%	0.36%	0.05%
	GLW	B	0.15%	0.18%	0.15%
	GNTX	C	0.03%	0.3%	0.03%
	GO	C	0.01%	0.06%	0.01%
	GRMN	B	0.12%	0.44%	0.12%
	GWW	B	0.02%	0.43%	0.02%
	HAL	C	0.1%	0.25%	0.1%
	HBAN	A	0.09%	0.41%	0.09%
	HIG	B	0.13%	0.38%	0.13%
	HIW	D	0.01%	0.3%	0.01%
	HOG	D	0.02%	0.02%	0.02%
	HOLX	D	0.07%	0.32%	0.07%
	HPE	B	0.1%	0.34%	0.1%
	HPQ	B	0.11%	0.3%	0.11%
	HRB	D	0.03%	0.33%	0.03%
	HRL	D	0.04%	0.26%	0.04%
	HSIC	B	0.04%	0.29%	0.04%
	HST	C	0.05%	0.32%	0.05%
	HSY	F	0.09%	0.21%	0.09%
	HUBB	B	0.09%	0.43%	0.09%
	HUN	F	0.01%	0.22%	0.01%
	HXL	D	0.02%	0.05%	0.02%
	IDA	A	0.02%	0.24%	0.02%
	IEX	B	0.07%	0.05%	0.05%
	IFF	D	0.1%	0.29%	0.1%
	INCY	C	0.04%	0.27%	0.04%
	INGR	B	0.03%	0.42%	0.03%
	IP	B	0.08%	0.45%	0.08%
	IPG	D	0.04%	0.03%	0.03%
	IQV	D	0.13%	0.28%	0.13%
	IRDM	D	0.01%	0.24%	0.01%
	IRM	D	0.06%	0.39%	0.06%
	ITT	A	0.05%	0.17%	0.05%
	JAZZ	B	0.03%	0.26%	0.03%
	JBL	B	0.05%	0.32%	0.05%
	JEF	A	0.03%	0.49%	0.03%
	JLL	D	0.04%	0.38%	0.04%
	JNPR	F	0.05%	0.38%	0.05%
	K	A	0.08%	0.38%	0.08%
	KEY	B	0.06%	0.1%	0.06%
	KEYS	A	0.1%	0.17%	0.1%
	KIM	A	0.06%	0.36%	0.06%
	KMI	A	0.19%	0.48%	0.19%
	KR	B	0.15%	0.42%	0.15%
	KRC	C	0.02%	0.29%	0.02%
	KSS	F	0.01%	0.01%	0.01%
	KVUE	A	0.18%	0.33%	0.18%
	L	A	0.06%	0.25%	0.06%
	LAMR	D	0.03%	0.39%	0.03%
	LBRDK	C	0.03%	0.09%	0.03%
	LDOS	C	0.1%	0.41%	0.1%
	LECO	B	0.03%	0.3%	0.03%
	LEN	D	0.01%	0.36%	0.01%
	LEN	D	0.16%	0.36%	0.16%
	LH	C	0.08%	0.32%	0.08%
	LITE	B	0.02%	0.4%	0.02%
	LNG	B	0.09%	0.44%	0.09%
	LNT	A	0.06%	0.38%	0.06%
	LPX	B	0.01%	0.27%	0.01%
	LSTR	D	0.03%	0.3%	0.03%
	LYB	F	0.09%	0.31%	0.09%
	M	D	0.02%	0.14%	0.02%
	MAA	B	0.07%	0.25%	0.07%
	MAS	D	0.07%	0.31%	0.07%
	MCHP	D	0.16%	0.21%	0.16%
	MGM	D	0.03%	0.23%	0.03%
	MKC	D	0.08%	0.28%	0.08%
	MOH	F	0.03%	0.29%	0.03%
	MOS	F	0.03%	0.29%	0.03%
	MRO	B	0.06%	0.41%	0.06%
	MSM	C	0.01%	0.33%	0.01%
	MTB	A	0.13%	0.31%	0.13%
	MTG	C	0.03%	0.37%	0.03%
	NDSN	B	0.06%	0.06%	0.06%
	NEU	C	0.01%	0.3%	0.01%
	NFG	A	0.02%	0.36%	0.02%
	NI	A	0.06%	0.41%	0.06%
	NNN	D	0.03%	0.22%	0.03%
	NRG	B	0.04%	0.45%	0.04%
	NSA	D	0.01%	0.09%	0.01%
	NTAP	C	0.05%	0.34%	0.05%
	NUE	C	0.14%	0.31%	0.14%
	NVR	D	0.1%	0.37%	0.1%
	NVST	B	0.01%	0.05%	0.01%
	NVT	B	0.05%	0.18%	0.05%
	NXST	C	0.01%	0.36%	0.01%
	OC	A	0.06%	0.41%	0.06%
	OGE	B	0.03%	0.4%	0.03%
	OHI	C	0.04%	0.38%	0.04%
	OKE	A	0.23%	0.45%	0.23%
	OLN	D	0.02%	0.28%	0.02%
	OMC	C	0.08%	0.28%	0.08%
	OMF	A	0.02%	0.45%	0.02%
	ON	D	0.12%	0.24%	0.12%
	ORI	A	0.03%	0.4%	0.03%
	OVV	B	0.04%	0.27%	0.04%
	PAG	B	0.01%	0.35%	0.01%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	C	0.11%	0.27%	0.11%
	PB	A	0.03%	0.07%	0.03%
	PCG	A	0.17%	0.39%	0.17%
	PEG	A	0.18%	0.41%	0.18%
	PFG	D	0.08%	0.05%	0.05%
	PFGC	B	0.04%	0.4%	0.04%
	PHM	D	0.11%	0.37%	0.11%
	PINC	B	0.01%	0.14%	0.01%
	PK	B	0.01%	0.33%	0.01%
	PKG	A	0.08%	0.41%	0.08%
	PNW	B	0.04%	0.39%	0.04%
	POST	C	0.02%	0.35%	0.02%
	PPC	C	0.01%	0.42%	0.01%
	PPL	B	0.1%	0.39%	0.1%
	PR	B	0.03%	0.4%	0.03%
	PRI	A	0.04%	0.22%	0.04%
	PWR	A	0.12%	0.46%	0.12%
	QGEN	D	0.04%	0.25%	0.04%
	QRVO	F	0.03%	0.12%	0.03%
	R	B	0.02%	0.27%	0.02%
	RBC	A	0.03%	0.31%	0.03%
	REG	B	0.05%	0.37%	0.05%
	REXR	F	0.04%	0.18%	0.04%
	REYN	D	0.01%	0.18%	0.01%
	RF	A	0.09%	0.17%	0.09%
	RGA	A	0.06%	0.41%	0.06%
	RGLD	C	0.04%	0.29%	0.04%
	RHI	B	0.03%	0.07%	0.03%
	RMD	C	0.1%	0.36%	0.1%
	ROKU	D	0.03%	0.37%	0.03%
	ROST	C	0.14%	0.31%	0.14%
	RPM	A	0.05%	0.41%	0.05%
	RPRX	D	0.04%	0.21%	0.04%
	RRC	B	0.03%	0.29%	0.03%
	RS	B	0.07%	0.37%	0.07%
	RVTY	F	0.06%	0.25%	0.06%
	RYN	D	0.02%	0.14%	0.02%
	SAIC	F	0.03%	0.28%	0.03%
	SAM	C	0.01%	0.28%	0.01%
	SCI	B	0.05%	0.15%	0.05%
	SJM	D	0.05%	0.29%	0.05%
	SLGN	A	0.02%	0.1%	0.02%
	SLM	A	0.02%	0.17%	0.02%
	SMG	D	0.01%	0.25%	0.01%
	SNA	A	0.07%	0.44%	0.07%
	SNX	C	0.03%	0.28%	0.03%
	SON	D	0.02%	0.14%	0.02%
	SPB	C	0.01%	0.37%	0.01%
	SPG	B	0.16%	0.41%	0.16%
	SSNC	B	0.06%	0.35%	0.06%
	STAG	F	0.03%	0.28%	0.03%
	STE	F	0.09%	0.32%	0.09%
	STLD	B	0.08%	0.42%	0.08%
	STWD	C	0.02%	0.23%	0.02%
	SWKS	F	0.06%	0.24%	0.06%
	SYF	B	0.09%	0.51%	0.09%
	SYY	B	0.06%	0.27%	0.06%
	TAP	C	0.04%	0.42%	0.04%
	TECH	D	0.05%	0.06%	0.05%
	TER	D	0.01%	0.27%	0.01%
	TFX	F	0.04%	0.08%	0.04%
	THC	D	0.06%	0.4%	0.06%
	THO	B	0.02%	0.13%	0.02%
	TKR	D	0.02%	0.35%	0.02%
	TNL	A	0.01%	0.07%	0.01%
	TOL	B	0.06%	0.42%	0.06%
	TPR	B	0.04%	0.43%	0.04%
	TSN	B	0.07%	0.36%	0.07%
	TXT	D	0.06%	0.13%	0.06%
	TYL	B	0.02%	0.39%	0.02%
	UGI	A	0.02%	0.37%	0.02%
	UHS	D	0.05%	0.33%	0.05%
	UI	A	0.0%	0.25%	0.0%
	UNM	A	0.05%	0.5%	0.05%
	USFD	A	0.06%	0.43%	0.06%
	UTHR	C	0.07%	0.42%	0.07%
	VICI	C	0.13%	0.33%	0.13%
	VIRT	B	0.01%	0.04%	0.01%
	VTRS	A	0.06%	0.38%	0.06%
	WEC	A	0.12%	0.39%	0.12%
	WEN	D	0.01%	0.13%	0.01%
	WLK	D	0.02%	0.31%	0.02%
	WMB	A	0.25%	0.47%	0.25%
	WPC	D	0.05%	0.22%	0.05%
	WSM	B	0.03%	0.31%	0.03%
	WST	C	0.04%	0.28%	0.04%
	WTM	A	0.02%	0.13%	0.02%
	WU	D	0.01%	0.04%	0.01%
	WY	D	0.09%	0.31%	0.09%
	X	C	0.03%	0.33%	0.03%
	XEL	A	0.15%	0.41%	0.15%
	XRAY	F	0.02%	0.09%	0.02%
	ZION	B	0.03%	0.09%	0.03%

VONV Overweight 521 Positions Relative to JPME

	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%
	MAR	B	0.24%
	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%
	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%
	FIS	C	0.2%
	PSX	C	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	PEP	F	0.19%
	ITW	B	0.19%
	PRU	A	0.18%
	PSA	D	0.18%
	MET	A	0.18%
	ALL	A	0.17%
	VLO	C	0.17%
	CRM	B	0.17%
	JCI	C	0.17%
	MSI	B	0.16%
	OTIS	C	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	URI	B	0.16%
	DAL	C	0.15%
	KDP	D	0.15%
	MCK	B	0.15%
	STZ	D	0.15%
	CTSH	B	0.15%
	HWM	A	0.15%
	AMGN	D	0.15%
	IR	B	0.15%
	EXR	D	0.14%
	CL	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	NKE	D	0.14%
	MSTR	C	0.14%
	RCL	A	0.13%
	EW	C	0.13%
	WAB	B	0.13%
	APH	A	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%
	NDAQ	A	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	GPN	B	0.11%
	VTR	C	0.11%
	KMB	D	0.11%
	SW	A	0.11%
	VMC	B	0.11%
	AWK	D	0.11%
	MTD	D	0.11%
	ROK	B	0.11%
	TTWO	A	0.11%
	STT	A	0.11%
	RJF	A	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	TROW	B	0.1%
	SBAC	D	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	UAL	A	0.1%
	DOV	A	0.1%
	EFX	F	0.1%
	WDC	D	0.09%
	CINF	A	0.09%
	ZBH	C	0.09%
	CCL	B	0.09%
	PGR	A	0.09%
	YUM	B	0.09%
	ILMN	D	0.09%
	ES	D	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	INVH	D	0.08%
	ARE	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	NTRS	A	0.08%
	EQT	B	0.08%
	FSLR	F	0.08%
	TDY	B	0.08%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	WRB	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	CNP	B	0.07%
	UDR	B	0.06%
	VLTO	D	0.06%
	VRSN	F	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	ACM	A	0.06%
	TRMB	B	0.06%
	JBHT	C	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	ZBRA	B	0.06%
	APTV	D	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	DOC	D	0.06%
	GPC	D	0.06%
	AMCR	D	0.06%
	IBKR	A	0.06%
	QCOM	F	0.05%
	FTI	A	0.05%
	AES	F	0.05%
	CHRW	C	0.05%
	ALLE	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	BMRN	D	0.05%
	BXP	D	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EWBC	A	0.05%
	FFIV	B	0.05%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	LAD	A	0.04%
	WYNN	D	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	MTCH	D	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	FHN	A	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	DAY	B	0.04%
	LKQ	D	0.04%
	FOXA	B	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	AIZ	A	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	NWSA	B	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	MKTX	D	0.04%
	NTNX	A	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	ALB	C	0.04%
	FDS	B	0.04%
	BJ	A	0.04%
	MKSI	C	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	G	B	0.03%
	WBA	F	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	FND	C	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	DASH	A	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	FICO	B	0.03%
	SNV	B	0.03%
	ONTO	D	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%
	SKX	D	0.03%
	SEIC	B	0.03%
	WAT	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	SHW	A	0.03%
	WTFC	A	0.03%
	MNST	C	0.03%
	LW	C	0.03%
	EXAS	D	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	RL	B	0.03%
	TKO	B	0.03%
	PNFP	B	0.03%
	BERY	B	0.03%
	ECL	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KNX	B	0.03%
	AAL	B	0.03%
	KBR	F	0.03%
	HLI	B	0.03%
	GMED	A	0.03%
	RIVN	F	0.03%
	GWRE	A	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	TTC	D	0.03%
	ADP	B	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	ALNY	D	0.02%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	SITE	D	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	EEFT	B	0.02%
	TPG	A	0.02%
	DBX	B	0.02%
	WSC	D	0.02%
	AZO	C	0.02%
	BILL	A	0.02%
	OZK	B	0.02%
	AL	B	0.02%
	DOCS	C	0.02%
	OGN	D	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	GNRC	B	0.02%
	SEE	C	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	ST	F	0.02%
	FOX	A	0.02%
	KD	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	H	B	0.02%
	WHR	B	0.02%
	OLLI	D	0.02%
	MTDR	B	0.02%
	COIN	C	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	LNC	B	0.02%
	BEN	C	0.02%
	S	B	0.02%
	COLB	A	0.02%
	LFUS	F	0.02%
	ALK	C	0.02%
	RLI	B	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	WH	B	0.02%
	DAR	C	0.02%
	VMI	B	0.02%
	AGCO	D	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	LYFT	C	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	A	0.01%
	PSTG	D	0.01%
	ETSY	D	0.01%
	YETI	C	0.01%
	AAP	C	0.01%
	AZTA	D	0.01%
	BR	A	0.01%
	BROS	B	0.01%
	LCID	F	0.01%
	GLOB	B	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%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	ULTA	F	0.01%
	AGR	B	0.01%
	ALGM	D	0.01%
	VAC	B	0.01%
	CLVT	F	0.01%
	COLM	B	0.01%
	LOPE	B	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	AMED	F	0.01%
	CPRT	A	0.01%
	PLNT	A	0.01%
	FHB	A	0.01%
	SPR	D	0.01%
	U	C	0.01%
	NWS	B	0.01%
	ZI	D	0.01%
	PRGO	B	0.01%
	CIVI	D	0.01%
	DXC	B	0.01%
	IAC	D	0.01%
	PII	D	0.01%
	GFS	C	0.01%
	DNB	B	0.01%
	CTAS	B	0.01%
	NWL	B	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%
	TFSL	A	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	PATH	C	0.0%
	DJT	C	0.0%
	CAR	C	0.0%
	LSCC	D	0.0%
	PYCR	C	0.0%
	MTN	C	0.0%
	HCP	B	0.0%
	FIVE	F	0.0%
	DV	C	0.0%
	DDS	B	0.0%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 19 Positions Relative to JPME

	Symbol	Grade	Weight
	APP	B	-1.27%
	VST	B	-0.71%
	TRGP	B	-0.49%
	TPL	A	-0.44%
	TXRH	C	-0.43%
	COR	B	-0.39%
	IT	C	-0.38%
	DECK	A	-0.38%
	DVA	B	-0.38%
	MANH	D	-0.37%
	VVV	F	-0.36%
	CLX	B	-0.35%
	TSCO	D	-0.34%
	VEEV	C	-0.28%
	MEDP	D	-0.28%
	MPWR	F	-0.27%
	NBIX	C	-0.25%
	BAH	F	-0.14%
	POOL	C	-0.13%

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

JPME: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Banks - Regional - US Oil & Gas E&P Biotechnology Diagnostics & Research Diversified Industrials Specialty Chemicals Medical Instruments & Supplies REIT - Retail Software - Application Communication Equipment Information Technology Services Medical Care Oil & Gas Midstream Packaging & Containers REIT - Diversified REIT - Industrial REIT - Residential Semiconductors

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Electricity Insurance Electronics Nasdaq 100 Bank Computing Aerospace Chemical Banking Insurance Products Disability Mining Plastic Semiconductor Biotechnology Food Products Real Estate Market