VONV vs. ONOF ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Global X Adaptive U.S. Risk Management ETF (ONOF)

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

$80.15

Average Daily Volume

318,098

Number of Holdings ^*

837

* may have additional holdings in another (foreign) market

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.15

Average Daily Volume

10,467

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	VONV	ONOF
30 Days	4.46%	-0.44%
60 Days	4.98%	-7.33%
90 Days	4.54%	-3.62%
12 Months	18.73%	8.49%

403 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in ONOF	Overlap
	A	B	0.17%	0.09%	0.09%
	ABBV	B	0.76%	0.72%	0.72%
	ABT	A	0.75%	0.41%	0.41%
	ACGL	B	0.14%	0.08%	0.08%
	ACN	A	0.85%	0.48%	0.48%
	ADI	C	0.47%	0.25%	0.25%
	ADM	D	0.13%	0.06%	0.06%
	ADP	B	0.03%	0.24%	0.03%
	AEE	A	0.09%	0.04%	0.04%
	AEP	A	0.21%	0.11%	0.11%
	AFL	B	0.22%	0.12%	0.12%
	AGR	B	0.01%	0.0%	0.0%
	AIG	D	0.22%	0.11%	0.11%
	AJG	A	0.23%	0.13%	0.13%
	AKAM	D	0.06%	0.03%	0.03%
	ALGN	F	0.03%	0.03%	0.03%
	ALL	B	0.16%	0.1%	0.1%
	ALNY	C	0.01%	0.07%	0.01%
	AMAT	F	0.06%	0.34%	0.06%
	AMCR	B	0.06%	0.03%	0.03%
	AMD	F	0.32%	0.49%	0.32%
	AME	D	0.16%	0.08%	0.08%
	AMGN	C	0.16%	0.37%	0.16%
	AMP	B	0.02%	0.09%	0.02%
	ANSS	D	0.11%	0.06%	0.06%
	AON	A	0.26%	0.14%	0.14%
	APD	B	0.24%	0.13%	0.13%
	APH	D	0.13%	0.17%	0.13%
	APO	D	0.07%	0.1%	0.07%
	APTV	D	0.08%	0.04%	0.04%
	ARE	D	0.08%	0.04%	0.04%
	ATO	A	0.08%	0.04%	0.04%
	AVB	B	0.12%	0.07%	0.07%
	AVTR	B	0.07%	0.03%	0.03%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.11%	0.06%	0.06%
	AXP	B	0.37%	0.31%	0.31%
	AZO	B	0.02%	0.11%	0.02%
	BA	F	0.38%	0.21%	0.21%
	BAC	D	1.12%	0.58%	0.58%
	BALL	A	0.08%	0.04%	0.04%
	BAX	A	0.07%	0.04%	0.04%
	BBY	A	0.08%	0.04%	0.04%
	BDX	D	0.29%	0.15%	0.15%
	BG	D	0.06%	0.03%	0.03%
	BIIB	D	0.13%	0.06%	0.06%
	BK	B	0.2%	0.11%	0.11%
	BKNG	C	0.03%	0.28%	0.03%
	BKR	D	0.16%	0.07%	0.07%
	BLDR	C	0.07%	0.04%	0.04%
	BLK	B	0.53%	0.28%	0.28%
	BMRN	D	0.07%	0.03%	0.03%
	BMY	B	0.4%	0.21%	0.21%
	BR	C	0.01%	0.05%	0.01%
	BRK.A	B	3.29%	1.28%	1.28%
	BRO	A	0.05%	0.05%	0.05%
	BSX	A	0.44%	0.25%	0.25%
	BXP	A	0.05%	0.02%	0.02%
	C	D	0.51%	0.24%	0.24%
	CAG	A	0.06%	0.03%	0.03%
	CAH	A	0.04%	0.06%	0.04%
	CARR	B	0.19%	0.12%	0.12%
	CAT	C	0.6%	0.36%	0.36%
	CB	A	0.46%	0.24%	0.24%
	CBOE	A	0.08%	0.04%	0.04%
	CBRE	B	0.14%	0.07%	0.07%
	CCI	A	0.2%	0.1%	0.1%
	CCL	D	0.07%	0.03%	0.03%
	CDW	D	0.06%	0.06%	0.06%
	CE	F	0.05%	0.03%	0.03%
	CEG	D	0.21%	0.13%	0.13%
	CF	B	0.06%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CHD	A	0.1%	0.05%	0.05%
	CHTR	C	0.15%	0.07%	0.07%
	CI	B	0.36%	0.21%	0.21%
	CINF	B	0.08%	0.04%	0.04%
	CL	A	0.15%	0.18%	0.15%
	CMCSA	C	0.66%	0.32%	0.32%
	CME	A	0.29%	0.16%	0.16%
	CMI	B	0.16%	0.09%	0.09%
	CMS	A	0.08%	0.04%	0.04%
	CNC	D	0.17%	0.09%	0.09%
	CNP	D	0.07%	0.04%	0.04%
	COF	C	0.23%	0.11%	0.11%
	COIN	F	0.03%	0.07%	0.03%
	COP	D	0.53%	0.28%	0.28%
	CPB	A	0.04%	0.02%	0.02%
	CPRT	D	0.01%	0.09%	0.01%
	CRM	D	0.15%	0.5%	0.15%
	CSCO	B	0.81%	0.42%	0.42%
	CSGP	C	0.13%	0.06%	0.06%
	CSL	C	0.07%	0.04%	0.04%
	CSX	D	0.28%	0.14%	0.14%
	CTAS	B	0.01%	0.14%	0.01%
	CTRA	F	0.08%	0.04%	0.04%
	CTSH	B	0.15%	0.08%	0.08%
	CTVA	B	0.16%	0.08%	0.08%
	CVNA	C	0.04%	0.03%	0.03%
	CVS	F	0.31%	0.15%	0.15%
	CVX	F	1.13%	0.52%	0.52%
	D	A	0.18%	0.1%	0.1%
	DAL	D	0.11%	0.06%	0.06%
	DASH	B	0.02%	0.09%	0.02%
	DD	C	0.14%	0.07%	0.07%
	DE	B	0.39%	0.2%	0.2%
	DELL	F	0.1%	0.06%	0.06%
	DFS	C	0.15%	0.07%	0.07%
	DG	F	0.11%	0.04%	0.04%
	DGX	B	0.06%	0.04%	0.04%
	DHI	B	0.22%	0.12%	0.12%
	DHR	B	0.75%	0.37%	0.37%
	DIS	F	0.71%	0.34%	0.34%
	DLR	D	0.2%	0.1%	0.1%
	DLTR	F	0.09%	0.03%	0.03%
	DOC	B	0.06%	0.03%	0.03%
	DOV	C	0.1%	0.05%	0.05%
	DOW	D	0.16%	0.08%	0.08%
	DOX	C	0.04%	0.02%	0.02%
	DRI	A	0.03%	0.04%	0.03%
	DTE	B	0.1%	0.05%	0.05%
	DUK	A	0.35%	0.18%	0.18%
	DVN	F	0.12%	0.06%	0.06%
	EA	C	0.17%	0.08%	0.08%
	EBAY	A	0.12%	0.06%	0.06%
	ECL	B	0.03%	0.13%	0.03%
	ED	A	0.14%	0.07%	0.07%
	EFX	B	0.11%	0.08%	0.08%
	EG	B	0.06%	0.03%	0.03%
	EIX	A	0.12%	0.07%	0.07%
	EL	F	0.06%	0.04%	0.04%
	ELV	B	0.43%	0.27%	0.27%
	EMR	D	0.27%	0.12%	0.12%
	EOG	D	0.3%	0.15%	0.15%
	EQIX	B	0.29%	0.16%	0.16%
	EQR	B	0.11%	0.05%	0.05%
	EQT	D	0.08%	0.03%	0.03%
	ES	A	0.09%	0.05%	0.05%
	ESS	B	0.07%	0.04%	0.04%
	ETN	D	0.5%	0.25%	0.25%
	ETR	A	0.1%	0.05%	0.05%
	EVRG	A	0.05%	0.03%	0.03%
	EW	F	0.12%	0.09%	0.09%
	EXC	A	0.15%	0.08%	0.08%
	EXPD	D	0.06%	0.04%	0.04%
	EXR	B	0.14%	0.08%	0.08%
	F	D	0.17%	0.09%	0.09%
	FANG	D	0.15%	0.07%	0.07%
	FAST	D	0.03%	0.08%	0.03%
	FCNCA	C	0.1%	0.05%	0.05%
	FCX	D	0.27%	0.13%	0.13%
	FDS	C	0.04%	0.03%	0.03%
	FDX	D	0.28%	0.14%	0.14%
	FE	A	0.1%	0.05%	0.05%
	FICO	A	0.02%	0.09%	0.02%
	FIS	A	0.18%	0.09%	0.09%
	FITB	B	0.12%	0.06%	0.06%
	FOX	B	0.02%	0.01%	0.01%
	FOXA	B	0.04%	0.02%	0.02%
	FSLR	C	0.09%	0.05%	0.05%
	FTNT	B	0.03%	0.1%	0.03%
	FTV	D	0.1%	0.05%	0.05%
	GD	B	0.33%	0.14%	0.14%
	GE	C	0.6%	0.4%	0.4%
	GEHC	B	0.13%	0.07%	0.07%
	GEV	A	0.2%	0.11%	0.11%
	GFS	F	0.02%	0.01%	0.01%
	GILD	A	0.39%	0.2%	0.2%
	GIS	A	0.16%	0.08%	0.08%
	GLW	C	0.13%	0.07%	0.07%
	GM	B	0.21%	0.12%	0.12%
	GPC	D	0.08%	0.04%	0.04%
	GPN	C	0.11%	0.06%	0.06%
	GRMN	B	0.11%	0.06%	0.06%
	GS	C	0.48%	0.34%	0.34%
	GWW	C	0.02%	0.08%	0.02%
	HAL	F	0.13%	0.06%	0.06%
	HBAN	B	0.09%	0.04%	0.04%
	HCA	B	0.22%	0.16%	0.16%
	HD	B	0.3%	0.76%	0.3%
	HES	F	0.06%	0.08%	0.06%
	HIG	B	0.13%	0.07%	0.07%
	HLT	C	0.11%	0.11%	0.11%
	HOLX	A	0.08%	0.04%	0.04%
	HON	D	0.46%	0.28%	0.28%
	HOOD	D	0.06%	0.02%	0.02%
	HPE	D	0.11%	0.05%	0.05%
	HPQ	D	0.11%	0.07%	0.07%
	HRL	A	0.04%	0.02%	0.02%
	HSY	A	0.1%	0.06%	0.06%
	HUBB	C	0.09%	0.04%	0.04%
	HUM	D	0.18%	0.09%	0.09%
	HWM	B	0.15%	0.08%	0.08%
	IBKR	B	0.05%	0.03%	0.03%
	IBM	A	0.72%	0.39%	0.39%
	ICE	A	0.35%	0.19%	0.19%
	IEX	D	0.06%	0.03%	0.03%
	IFF	A	0.1%	0.05%	0.05%
	ILMN	B	0.08%	0.04%	0.04%
	INCY	C	0.05%	0.02%	0.02%
	INTC	F	0.54%	0.19%	0.19%
	INVH	B	0.09%	0.04%	0.04%
	IQV	B	0.16%	0.09%	0.09%
	IR	D	0.17%	0.08%	0.08%
	IRM	B	0.05%	0.07%	0.05%
	ITW	C	0.19%	0.16%	0.16%
	J	C	0.07%	0.04%	0.04%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	F	0.05%	0.02%	0.02%
	JCI	C	0.17%	0.1%	0.1%
	JNJ	B	1.56%	0.83%	0.83%
	JPM	B	2.5%	1.34%	1.34%
	K	A	0.06%	0.04%	0.04%
	KDP	A	0.15%	0.08%	0.08%
	KEYS	C	0.1%	0.06%	0.06%
	KHC	A	0.13%	0.06%	0.06%
	KKR	B	0.24%	0.17%	0.17%
	KMB	A	0.11%	0.1%	0.1%
	KMI	B	0.17%	0.09%	0.09%
	KO	B	0.45%	0.59%	0.45%
	KR	C	0.15%	0.07%	0.07%
	KVUE	A	0.15%	0.09%	0.09%
	L	B	0.06%	0.03%	0.03%
	LDOS	B	0.08%	0.04%	0.04%
	LEN	B	0.01%	0.0%	0.0%
	LEN	B	0.18%	0.09%	0.09%
	LEN	B	0.01%	0.09%	0.01%
	LEN	B	0.18%	0.0%	0.0%
	LHX	C	0.18%	0.09%	0.09%
	LIN	B	0.89%	0.48%	0.48%
	LMT	A	0.32%	0.28%	0.28%
	LNG	B	0.08%	0.09%	0.08%
	LNT	A	0.06%	0.03%	0.03%
	LOW	B	0.58%	0.3%	0.3%
	LUV	A	0.07%	0.04%	0.04%
	LYB	D	0.11%	0.05%	0.05%
	MAA	B	0.07%	0.04%	0.04%
	MAR	D	0.22%	0.12%	0.12%
	MCD	A	0.73%	0.44%	0.44%
	MCHP	D	0.19%	0.09%	0.09%
	MCK	D	0.19%	0.15%	0.15%
	MDLZ	A	0.38%	0.2%	0.2%
	MDT	A	0.44%	0.24%	0.24%
	MET	B	0.19%	0.1%	0.1%
	MGM	F	0.04%	0.02%	0.02%
	MKC	A	0.08%	0.04%	0.04%
	MKL	C	0.07%	0.04%	0.04%
	MLM	D	0.14%	0.07%	0.07%
	MMC	A	0.39%	0.23%	0.23%
	MMM	B	0.24%	0.15%	0.15%
	MNST	D	0.03%	0.07%	0.03%
	MO	A	0.35%	0.19%	0.19%
	MOH	C	0.03%	0.04%	0.03%
	MPC	D	0.26%	0.13%	0.13%
	MRNA	F	0.16%	0.05%	0.05%
	MRO	C	0.07%	0.03%	0.03%
	MRVL	D	0.22%	0.14%	0.14%
	MS	C	0.46%	0.27%	0.27%
	MSCI	B	0.07%	0.09%	0.07%
	MSI	B	0.14%	0.15%	0.14%
	MSTR	F	0.1%	0.04%	0.04%
	MTB	B	0.12%	0.06%	0.06%
	MTD	C	0.13%	0.06%	0.06%
	MU	F	0.5%	0.22%	0.22%
	NDAQ	A	0.11%	0.06%	0.06%
	NDSN	C	0.06%	0.03%	0.03%
	NEE	A	0.64%	0.34%	0.34%
	NEM	B	0.23%	0.13%	0.13%
	NKE	C	0.14%	0.21%	0.14%
	NOC	B	0.28%	0.16%	0.16%
	NSC	B	0.23%	0.12%	0.12%
	NTAP	D	0.06%	0.05%	0.05%
	NTRS	B	0.07%	0.04%	0.04%
	NUE	F	0.16%	0.08%	0.08%
	NVR	B	0.1%	0.06%	0.06%
	O	A	0.2%	0.11%	0.11%
	OKE	A	0.2%	0.11%	0.11%
	OKTA	F	0.03%	0.03%	0.03%
	OMC	B	0.08%	0.04%	0.04%
	ON	D	0.14%	0.07%	0.07%
	ORLY	B	0.02%	0.14%	0.02%
	OTIS	D	0.16%	0.08%	0.08%
	OXY	F	0.16%	0.08%	0.08%
	PAYX	B	0.11%	0.09%	0.09%
	PCAR	D	0.21%	0.1%	0.1%
	PCG	A	0.16%	0.09%	0.09%
	PEG	B	0.16%	0.08%	0.08%
	PEP	A	0.2%	0.5%	0.2%
	PFE	D	0.71%	0.34%	0.34%
	PFG	D	0.08%	0.04%	0.04%
	PG	A	1.21%	0.84%	0.84%
	PGR	A	0.08%	0.31%	0.08%
	PH	B	0.29%	0.16%	0.16%
	PHM	B	0.11%	0.06%	0.06%
	PLD	B	0.48%	0.25%	0.25%
	PM	A	0.73%	0.4%	0.4%
	PNC	B	0.29%	0.15%	0.15%
	PPG	D	0.12%	0.06%	0.06%
	PPL	A	0.09%	0.05%	0.05%
	PRU	C	0.18%	0.09%	0.09%
	PSA	A	0.16%	0.11%	0.11%
	PSTG	F	0.01%	0.03%	0.01%
	PSX	D	0.25%	0.12%	0.12%
	PTC	D	0.03%	0.04%	0.03%
	PWR	C	0.11%	0.08%	0.08%
	PYPL	B	0.28%	0.16%	0.16%
	QCOM	F	0.05%	0.41%	0.05%
	RCL	C	0.1%	0.08%	0.08%
	REGN	B	0.42%	0.26%	0.26%
	RF	B	0.08%	0.04%	0.04%
	RJF	D	0.09%	0.05%	0.05%
	RKT	B	0.01%	0.0%	0.0%
	RMD	A	0.09%	0.07%	0.07%
	ROK	D	0.12%	0.06%	0.06%
	ROP	C	0.24%	0.12%	0.12%
	ROST	B	0.15%	0.1%	0.1%
	RPRX	B	0.05%	0.02%	0.02%
	RS	D	0.07%	0.03%	0.03%
	RSG	B	0.16%	0.09%	0.09%
	RTX	B	0.64%	0.34%	0.34%
	SBAC	A	0.1%	0.05%	0.05%
	SBUX	B	0.08%	0.22%	0.08%
	SCHW	D	0.36%	0.2%	0.2%
	SHW	B	0.03%	0.18%	0.03%
	SIRI	F	0.0%	0.0%	0.0%
	SLB	F	0.28%	0.13%	0.13%
	SO	A	0.38%	0.2%	0.2%
	SPG	B	0.15%	0.11%	0.11%
	SPGI	A	0.62%	0.33%	0.33%
	SQ	D	0.08%	0.08%	0.08%
	SRE	B	0.21%	0.11%	0.11%
	SSNC	B	0.06%	0.03%	0.03%
	STE	A	0.1%	0.05%	0.05%
	STLD	D	0.08%	0.04%	0.04%
	STT	B	0.1%	0.05%	0.05%
	STZ	B	0.16%	0.08%	0.08%
	SUI	A	0.06%	0.03%	0.03%
	SW	D	0.05%	0.05%	0.05%
	SWK	B	0.07%	0.03%	0.03%
	SWKS	D	0.07%	0.04%	0.04%
	SYF	C	0.08%	0.04%	0.04%
	SYK	A	0.34%	0.24%	0.24%
	SYY	A	0.06%	0.08%	0.06%
	T	A	0.57%	0.3%	0.3%
	TDG	B	0.23%	0.16%	0.16%
	TDY	B	0.08%	0.04%	0.04%
	TER	D	0.01%	0.04%	0.01%
	TFC	B	0.24%	0.12%	0.12%
	TGT	B	0.29%	0.15%	0.15%
	TJX	B	0.21%	0.28%	0.21%
	TKO	B	0.03%	0.02%	0.02%
	TMO	A	0.96%	0.49%	0.49%
	TMUS	B	0.36%	0.2%	0.2%
	TRMB	D	0.05%	0.03%	0.03%
	TROW	D	0.1%	0.05%	0.05%
	TRU	B	0.07%	0.04%	0.04%
	TRV	A	0.2%	0.11%	0.11%
	TSN	A	0.07%	0.04%	0.04%
	TT	B	0.2%	0.17%	0.17%
	TTWO	B	0.1%	0.05%	0.05%
	TW	B	0.03%	0.03%	0.03%
	TXN	C	0.67%	0.4%	0.4%
	TYL	A	0.01%	0.05%	0.01%
	UAL	C	0.06%	0.03%	0.03%
	ULTA	D	0.01%	0.04%	0.01%
	UNH	A	2.02%	1.13%	1.13%
	UNP	B	0.32%	0.32%	0.32%
	UPS	F	0.39%	0.19%	0.19%
	URI	C	0.16%	0.1%	0.1%
	USB	B	0.29%	0.15%	0.15%
	VICI	A	0.13%	0.07%	0.07%
	VLO	D	0.22%	0.1%	0.1%
	VLTO	B	0.06%	0.05%	0.05%
	VMC	D	0.11%	0.07%	0.07%
	VRSN	C	0.06%	0.03%	0.03%
	VRTX	D	0.26%	0.27%	0.26%
	VTR	A	0.09%	0.05%	0.05%
	VTRS	C	0.06%	0.03%	0.03%
	VZ	B	0.7%	0.37%	0.37%
	WAB	B	0.12%	0.06%	0.06%
	WAT	B	0.03%	0.04%	0.03%
	WBD	D	0.09%	0.04%	0.04%
	WDC	D	0.09%	0.04%	0.04%
	WEC	A	0.11%	0.06%	0.06%
	WELL	A	0.27%	0.15%	0.15%
	WFC	D	0.85%	0.42%	0.42%
	WLK	D	0.02%	0.01%	0.01%
	WMB	B	0.21%	0.12%	0.12%
	WMT	A	1.22%	0.7%	0.7%
	WRB	B	0.07%	0.04%	0.04%
	WSM	D	0.03%	0.03%	0.03%
	WSO	D	0.07%	0.03%	0.03%
	WST	D	0.04%	0.05%	0.04%
	WTW	A	0.12%	0.06%	0.06%
	WY	C	0.09%	0.05%	0.05%
	XEL	A	0.13%	0.07%	0.07%
	XOM	C	2.18%	1.1%	1.1%
	XYL	D	0.13%	0.07%	0.07%
	YUM	B	0.09%	0.08%	0.08%
	ZBH	D	0.09%	0.05%	0.05%
	ZBRA	C	0.06%	0.04%	0.04%
	ZM	B	0.06%	0.04%	0.04%
	ZTS	A	0.06%	0.18%	0.06%

VONV Overweight 436 Positions Relative to ONOF

	Symbol	Grade	Weight
	OC	D	0.07%
	IP	B	0.07%
	MAS	B	0.07%
	TXT	D	0.07%
	PKG	B	0.07%
	RIVN	F	0.06%
	UTHR	B	0.06%
	BLD	D	0.06%
	NI	A	0.06%
	GGG	D	0.06%
	KIM	A	0.06%
	FNF	B	0.06%
	PNR	B	0.06%
	THC	B	0.06%
	RBA	B	0.06%
	RGA	B	0.06%
	TOL	B	0.06%
	SNA	D	0.06%
	KEY	B	0.06%
	UNM	B	0.05%
	LKQ	D	0.05%
	HII	B	0.05%
	DKS	C	0.05%
	EPAM	C	0.05%
	CW	B	0.05%
	APA	F	0.05%
	SCI	B	0.05%
	CPT	B	0.05%
	QRVO	D	0.05%
	BJ	D	0.05%
	ITT	C	0.05%
	CASY	C	0.05%
	FFIV	B	0.05%
	RPM	A	0.05%
	ALLE	B	0.05%
	NVT	F	0.05%
	RNR	A	0.05%
	EMN	C	0.05%
	IPG	B	0.05%
	JNPR	A	0.05%
	EWBC	C	0.05%
	SJM	A	0.05%
	AMH	A	0.05%
	HST	D	0.05%
	ACM	B	0.05%
	CLH	C	0.05%
	KMX	C	0.05%
	UHS	B	0.05%
	REG	A	0.05%
	JKHY	B	0.05%
	OVV	F	0.05%
	USFD	B	0.05%
	CRL	F	0.05%
	WPC	A	0.05%
	AES	D	0.05%
	FTI	D	0.05%
	ELS	A	0.05%
	TECH	D	0.05%
	GLPI	A	0.05%
	UDR	B	0.05%
	MHK	B	0.04%
	CZR	D	0.04%
	GL	B	0.04%
	APG	D	0.04%
	NYT	C	0.04%
	WAL	B	0.04%
	PRI	B	0.04%
	ORI	B	0.04%
	NTNX	A	0.04%
	SF	C	0.04%
	TTEK	B	0.04%
	EGP	B	0.04%
	OHI	A	0.04%
	ARMK	A	0.04%
	EVR	B	0.04%
	SNX	D	0.04%
	DCI	C	0.04%
	PFGC	B	0.04%
	RGLD	C	0.04%
	AIZ	B	0.04%
	FHN	C	0.04%
	X	F	0.04%
	GPK	B	0.04%
	TPR	B	0.04%
	HSIC	C	0.04%
	EHC	B	0.04%
	FRT	A	0.04%
	COHR	C	0.04%
	TAP	C	0.04%
	WWD	D	0.04%
	CNH	C	0.04%
	AFG	A	0.04%
	NRG	C	0.04%
	MOS	F	0.04%
	DPZ	D	0.04%
	ATR	A	0.04%
	PNW	A	0.04%
	QGEN	B	0.04%
	TTC	D	0.04%
	CHK	F	0.04%
	MTCH	B	0.04%
	CACI	B	0.04%
	CHRW	B	0.04%
	AOS	D	0.04%
	WTRG	D	0.04%
	CCK	A	0.04%
	TFX	A	0.04%
	NWSA	C	0.04%
	EME	C	0.04%
	CHRD	F	0.04%
	CUBE	A	0.04%
	RRX	D	0.04%
	ALLY	C	0.04%
	CTLT	A	0.04%
	REXR	B	0.04%
	CG	D	0.04%
	ALB	F	0.04%
	GME	C	0.03%
	KD	D	0.03%
	ROKU	C	0.03%
	XP	C	0.03%
	IVZ	C	0.03%
	DAR	D	0.03%
	SAIC	B	0.03%
	ELAN	B	0.03%
	AFRM	B	0.03%
	AAL	C	0.03%
	HRB	B	0.03%
	PB	B	0.03%
	LFUS	C	0.03%
	BEN	F	0.03%
	BIO	A	0.03%
	FND	C	0.03%
	SOFI	D	0.03%
	RHI	D	0.03%
	CROX	C	0.03%
	BPOP	B	0.03%
	GXO	D	0.03%
	MAT	C	0.03%
	MTG	B	0.03%
	FLS	C	0.03%
	ARW	B	0.03%
	MTDR	F	0.03%
	BRBR	A	0.03%
	GWRE	A	0.03%
	JAZZ	D	0.03%
	COKE	B	0.03%
	RL	A	0.03%
	LSTR	D	0.03%
	SNV	C	0.03%
	ADC	A	0.03%
	SEIC	D	0.03%
	CFR	C	0.03%
	LEA	F	0.03%
	MTZ	C	0.03%
	PARA	F	0.03%
	AGNC	A	0.03%
	WEX	C	0.03%
	ONTO	D	0.03%
	MSA	D	0.03%
	CRUS	C	0.03%
	WTFC	B	0.03%
	HLI	B	0.03%
	SWN	F	0.03%
	OSK	D	0.03%
	KEX	D	0.03%
	GNTX	D	0.03%
	FYBR	A	0.03%
	BWXT	C	0.03%
	MIDD	D	0.03%
	FR	B	0.03%
	CMA	B	0.03%
	FMC	C	0.03%
	PNFP	B	0.03%
	WMS	D	0.03%
	DTM	B	0.03%
	VOYA	B	0.03%
	SSD	D	0.03%
	STAG	B	0.03%
	RRC	F	0.03%
	ZION	C	0.03%
	LAD	C	0.03%
	JEF	B	0.03%
	CRBG	C	0.03%
	PR	D	0.03%
	CIEN	B	0.03%
	CHE	C	0.03%
	BERY	B	0.03%
	WCC	D	0.03%
	BRX	A	0.03%
	FCN	C	0.03%
	CBSH	B	0.03%
	ALSN	B	0.03%
	AYI	C	0.03%
	OGE	B	0.03%
	LAMR	B	0.03%
	WYNN	D	0.03%
	AXTA	C	0.03%
	CR	C	0.03%
	DAY	C	0.03%
	MKSI	F	0.03%
	RGEN	C	0.03%
	SKX	B	0.03%
	GMED	C	0.03%
	CGNX	D	0.03%
	KBR	C	0.03%
	BWA	D	0.03%
	NNN	A	0.03%
	INGR	A	0.03%
	SOLV	B	0.03%
	LECO	F	0.03%
	JLL	B	0.03%
	NOV	F	0.03%
	MKTX	A	0.03%
	TWLO	D	0.03%
	RBC	C	0.03%
	BBWI	F	0.03%
	AA	F	0.03%
	ACI	D	0.03%
	DINO	F	0.03%
	ATI	C	0.03%
	AR	F	0.03%
	WBS	D	0.03%
	COLD	B	0.03%
	WBA	F	0.03%
	KNX	D	0.03%
	LSXMK	C	0.02%
	MAN	D	0.02%
	AMKR	F	0.02%
	DXC	A	0.02%
	SPR	D	0.02%
	AAP	F	0.02%
	NEU	D	0.02%
	AWI	C	0.02%
	CPRI	C	0.02%
	GTES	C	0.02%
	PRGO	C	0.02%
	BILL	C	0.02%
	FRPT	B	0.02%
	UHAL	B	0.02%
	KMPR	C	0.02%
	HUN	D	0.02%
	COTY	F	0.02%
	IAC	C	0.02%
	MSM	D	0.02%
	SN	A	0.02%
	DBX	D	0.02%
	SITE	C	0.02%
	CUZ	A	0.02%
	PSN	B	0.02%
	BYD	B	0.02%
	ZG	B	0.02%
	FLO	A	0.02%
	SLGN	B	0.02%
	KRC	B	0.02%
	PII	D	0.02%
	AGO	D	0.02%
	S	D	0.02%
	EEFT	D	0.02%
	WTM	B	0.02%
	RYN	B	0.02%
	HOG	B	0.02%
	SAIA	D	0.02%
	DLB	F	0.02%
	GNRC	C	0.02%
	ALK	D	0.02%
	M	F	0.02%
	JHG	B	0.02%
	AVT	C	0.02%
	ASH	D	0.02%
	CLF	F	0.02%
	THG	A	0.02%
	AN	C	0.02%
	IDA	A	0.02%
	SLM	D	0.02%
	OZK	D	0.02%
	W	F	0.02%
	EXAS	B	0.02%
	CIVI	F	0.02%
	OLED	D	0.02%
	AL	D	0.02%
	UGI	C	0.02%
	SEE	D	0.02%
	VNO	B	0.02%
	SON	A	0.02%
	NFG	B	0.02%
	WSC	D	0.02%
	WHR	D	0.02%
	POST	B	0.02%
	THO	C	0.02%
	SRCL	A	0.02%
	WH	A	0.02%
	OLN	F	0.02%
	COLB	B	0.02%
	FNB	C	0.02%
	MDU	D	0.02%
	HXL	F	0.02%
	BC	D	0.02%
	H	C	0.02%
	XRAY	D	0.02%
	TKR	D	0.02%
	OGN	C	0.02%
	MTSI	D	0.02%
	LNC	C	0.02%
	ESAB	D	0.02%
	Z	B	0.02%
	ST	D	0.02%
	PVH	F	0.02%
	RLI	B	0.02%
	LW	D	0.02%
	AGCO	F	0.02%
	AXS	B	0.02%
	BFAM	B	0.02%
	OMF	D	0.02%
	ACHC	B	0.02%
	STWD	C	0.02%
	LBRDK	C	0.02%
	AMG	C	0.02%
	VFC	B	0.02%
	VMI	C	0.02%
	OLLI	D	0.02%
	ESI	D	0.02%
	R	C	0.02%
	FAF	A	0.02%
	VNT	F	0.02%
	G	B	0.02%
	DDS	D	0.01%
	AMC	D	0.01%
	SNDR	B	0.01%
	DV	F	0.01%
	LYFT	F	0.01%
	WEN	C	0.01%
	REYN	A	0.01%
	UAA	B	0.01%
	INFA	F	0.01%
	PPC	B	0.01%
	VSTS	C	0.01%
	SHC	A	0.01%
	LEG	D	0.01%
	MP	C	0.01%
	TRIP	F	0.01%
	ALGM	F	0.01%
	CERT	F	0.01%
	GO	F	0.01%
	LPX	B	0.01%
	AZEK	D	0.01%
	SAM	D	0.01%
	GLOB	C	0.01%
	RCM	B	0.01%
	HAYW	B	0.01%
	BROS	D	0.01%
	CRI	C	0.01%
	MASI	D	0.01%
	FTRE	F	0.01%
	EXP	B	0.01%
	VIRT	A	0.01%
	ADTN	F	0.01%
	QS	F	0.01%
	JWN	A	0.01%
	IPGP	F	0.01%
	HHH	B	0.01%
	BIRK	F	0.01%
	BOKF	B	0.01%
	WOLF	F	0.01%
	KSS	F	0.01%
	YETI	D	0.01%
	SPB	B	0.01%
	PINC	A	0.01%
	ENOV	D	0.01%
	BRKR	C	0.01%
	ETSY	F	0.01%
	U	D	0.01%
	COLM	B	0.01%
	CLVT	C	0.01%
	MPW	C	0.01%
	PLNT	A	0.01%
	NVST	C	0.01%
	VAC	F	0.01%
	AM	C	0.01%
	PENN	F	0.01%
	CWEN	B	0.01%
	CNM	F	0.01%
	NSA	A	0.01%
	LOPE	D	0.01%
	DOCS	B	0.01%
	BHF	D	0.01%
	CACC	F	0.01%
	PK	D	0.01%
	AMED	B	0.01%
	PAYC	D	0.01%
	LCID	B	0.01%
	IRDM	D	0.01%
	TNL	D	0.01%
	FHB	C	0.01%
	PAG	C	0.01%
	HIW	B	0.01%
	TPG	B	0.01%
	NWS	C	0.01%
	WU	C	0.01%
	DNB	B	0.01%
	SMG	C	0.01%
	CC	F	0.01%
	CNXC	C	0.01%
	EPR	B	0.01%
	AZTA	F	0.01%
	MSGS	B	0.01%
	LITE	C	0.01%
	RH	F	0.01%
	NXST	D	0.01%
	ZI	F	0.01%
	NWL	A	0.01%
	UHAL	B	0.0%
	UWMC	B	0.0%
	UI	B	0.0%
	IONS	D	0.0%
	LBRDA	C	0.0%
	PLTK	D	0.0%
	CHH	C	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	PATH	D	0.0%
	TFSL	C	0.0%
	HCP	B	0.0%
	TXG	D	0.0%
	CACC	F	0.0%
	FIVE	F	0.0%
	PYCR	C	0.0%
	SEB	C	0.0%
	LSCC	F	0.0%
	NCNO	D	0.0%
	CAR	F	0.0%
	CNA	B	0.0%
	UA	B	0.0%
	MTN	C	0.0%
	EXEL	B	0.0%
	HAS	B	0.0%

VONV Underweight 94 Positions Relative to ONOF

	Symbol	Grade	Weight
	AAPL	C	-6.88%
	MSFT	D	-6.38%
	NVDA	D	-5.88%
	AMZN	D	-3.45%
	META	C	-2.39%
	GOOGL	D	-2.0%
	GOOG	D	-1.8%
	LLY	B	-1.7%
	AVGO	D	-1.54%
	TSLA	D	-1.23%
	V	A	-0.91%
	MA	B	-0.83%
	COST	B	-0.82%
	MRK	D	-0.63%
	NFLX	B	-0.62%
	ADBE	B	-0.53%
	ORCL	A	-0.46%
	INTU	D	-0.36%
	NOW	B	-0.36%
	ISRG	B	-0.36%
	UBER	B	-0.31%
	PANW	B	-0.24%
	KLAC	D	-0.23%
	AMT	A	-0.22%
	LRCX	F	-0.22%
	BX	B	-0.21%
	MELI	B	-0.2%
	WM	D	-0.18%
	ANET	D	-0.17%
	CMG	D	-0.16%
	MCO	B	-0.16%
	SNPS	D	-0.16%
	CDNS	D	-0.15%
	PLTR	B	-0.13%
	CRWD	F	-0.13%
	ADSK	B	-0.12%
	WDAY	C	-0.11%
	TTD	B	-0.1%
	TEL	C	-0.1%
	SPOT	C	-0.1%
	ABNB	F	-0.1%
	MPWR	C	-0.09%
	ODFL	D	-0.08%
	IT	B	-0.08%
	FLUT	A	-0.08%
	VRSK	C	-0.08%
	IDXX	D	-0.08%
	VEEV	A	-0.07%
	TRGP	A	-0.07%
	SNOW	F	-0.07%
	ARES	C	-0.06%
	DXCM	F	-0.06%
	VRT	F	-0.06%
	LULU	F	-0.06%
	VST	C	-0.06%
	TSCO	B	-0.06%
	DDOG	D	-0.06%
	SMCI	F	-0.05%
	GDDY	C	-0.05%
	CPNG	B	-0.05%
	HUBS	F	-0.05%
	NET	F	-0.05%
	DECK	C	-0.05%
	AXON	B	-0.05%
	TEAM	F	-0.05%
	ENTG	D	-0.04%
	APP	B	-0.04%
	EXPE	C	-0.04%
	ZS	F	-0.04%
	LII	C	-0.04%
	PINS	F	-0.04%
	STX	D	-0.04%
	CLX	A	-0.04%
	MDB	C	-0.04%
	BAH	B	-0.04%
	CPAY	B	-0.04%
	RBLX	B	-0.04%
	ERIE	A	-0.03%
	LYV	D	-0.03%
	LVS	D	-0.03%
	ROL	B	-0.03%
	HEI	B	-0.03%
	DKNG	D	-0.03%
	ENPH	D	-0.03%
	LPLA	D	-0.03%
	IOT	A	-0.02%
	BSY	D	-0.02%
	OWL	D	-0.02%
	SCCO	D	-0.02%
	SNAP	F	-0.02%
	HEI	B	-0.02%
	WMG	F	-0.01%
	CELH	F	-0.01%
	EDR	A	-0.0%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Oil & Gas E&P Software - Application Asset Management Semiconductors Business Services Specialty Retail Biotechnology Capital Markets Packaged Foods Specialty Chemicals Diagnostics & Research 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 Plastic Beverage

ONOF: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Diversified Industrials Business Services Semiconductors Asset Management Capital Markets Software - Infrastructure Specialty Retail Diagnostics & Research Banks - Regional - US Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Insurance - Property & Casualty Internet Content & Information Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Aerospace Semiconductor Telecommunications Bank Cloud Computing Medicine Banking Chemical IBD 50 Mining Mobile Devices Real Estate Investment Trust