VONV vs. SKOR ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)

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

$82.29

Average Daily Volume

323,013

Number of Holdings ^*

838

* may have additional holdings in another (foreign) market

SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

SKOR Description

The investment seeks the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The index reflects the performance of a portfolio of US-dollar denominated bonds of companies that are considered by the index Provider to have higher credit quality, lower risk of default and the potential for higher yield, price appreciation and liquidity relative to the universe of securities comprising the Northern Trust US Investment-Grade Corporate Bond IndexSM. The fund is non-diversified

Grade (RS Rating)

Last Trade

$49.18

Average Daily Volume

39,225

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	VONV	SKOR
30 Days	2.85%	1.78%
60 Days	3.60%	3.04%
90 Days	7.59%	3.99%
12 Months	21.11%	9.97%

250 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in SKOR	Overlap
	A	C	0.17%	0.07%	0.07%
	AAP	F	0.02%	0.02%	0.02%
	ABBV	B	0.76%	0.08%	0.08%
	ADI	D	0.47%	0.15%	0.15%
	ADP	A	0.03%	0.07%	0.03%
	AEE	A	0.09%	0.25%	0.09%
	AEP	A	0.21%	0.02%	0.02%
	AFG	B	0.04%	0.08%	0.04%
	AFL	B	0.22%	0.04%	0.04%
	AGR	B	0.01%	0.09%	0.01%
	AIG	D	0.22%	0.04%	0.04%
	AIZ	C	0.04%	0.04%	0.04%
	AL	D	0.02%	0.06%	0.02%
	ALL	A	0.16%	0.15%	0.15%
	ALLE	A	0.05%	0.07%	0.05%
	ALLY	F	0.04%	0.14%	0.04%
	AMCR	B	0.06%	0.12%	0.06%
	AMGN	B	0.16%	0.11%	0.11%
	AMH	B	0.05%	0.08%	0.05%
	AMP	B	0.02%	0.07%	0.02%
	AON	B	0.26%	0.09%	0.09%
	APD	B	0.24%	0.19%	0.19%
	APH	D	0.13%	0.11%	0.11%
	ARE	B	0.08%	0.04%	0.04%
	ARW	C	0.03%	0.15%	0.03%
	ATO	A	0.08%	0.17%	0.08%
	AVB	B	0.12%	0.02%	0.02%
	AVT	D	0.02%	0.07%	0.02%
	AVY	B	0.04%	0.02%	0.02%
	AWK	A	0.11%	0.07%	0.07%
	AXP	B	0.37%	0.07%	0.07%
	AXS	B	0.02%	0.04%	0.02%
	AZO	C	0.02%	0.05%	0.02%
	BA	F	0.38%	0.06%	0.06%
	BAC	D	1.12%	0.0%	0.0%
	BAX	C	0.07%	0.07%	0.07%
	BDX	D	0.29%	0.08%	0.08%
	BG	F	0.06%	0.08%	0.06%
	BK	A	0.2%	0.05%	0.05%
	BLK	A	0.53%	0.08%	0.08%
	BMY	C	0.4%	0.1%	0.1%
	BR	B	0.01%	0.08%	0.01%
	BRO	B	0.05%	0.08%	0.05%
	BRX	B	0.03%	0.12%	0.03%
	BWA	F	0.03%	0.13%	0.03%
	BXP	A	0.05%	0.09%	0.05%
	C	D	0.51%	0.08%	0.08%
	CARR	A	0.19%	0.09%	0.09%
	CB	B	0.46%	0.1%	0.1%
	CBOE	B	0.08%	0.08%	0.08%
	CCI	B	0.2%	0.18%	0.18%
	CE	D	0.05%	0.07%	0.05%
	CFG	C	0.08%	0.07%	0.07%
	CHD	B	0.1%	0.18%	0.1%
	CHTR	D	0.15%	0.2%	0.15%
	CI	B	0.36%	0.14%	0.14%
	CL	C	0.15%	0.09%	0.09%
	CMA	B	0.03%	0.09%	0.03%
	CMCSA	D	0.66%	0.14%	0.14%
	CME	B	0.29%	0.12%	0.12%
	CMI	C	0.16%	0.04%	0.04%
	CMS	A	0.08%	0.08%	0.08%
	CNP	C	0.07%	0.1%	0.07%
	COF	D	0.23%	0.02%	0.02%
	CPB	B	0.04%	0.06%	0.04%
	CPT	B	0.05%	0.07%	0.05%
	CSCO	C	0.81%	0.04%	0.04%
	CSL	C	0.07%	0.08%	0.07%
	CSX	D	0.28%	0.04%	0.04%
	CTAS	B	0.01%	0.02%	0.01%
	CUBE	A	0.04%	0.07%	0.04%
	CVS	D	0.31%	0.16%	0.16%
	D	B	0.18%	0.08%	0.08%
	DFS	C	0.15%	0.11%	0.11%
	DG	F	0.11%	0.16%	0.11%
	DGX	B	0.06%	0.07%	0.06%
	DHI	B	0.22%	0.07%	0.07%
	DHR	B	0.75%	0.09%	0.09%
	DINO	F	0.03%	0.08%	0.03%
	DIS	D	0.71%	0.09%	0.09%
	DLR	A	0.2%	0.1%	0.1%
	DLTR	F	0.09%	0.05%	0.05%
	DOV	B	0.1%	0.07%	0.07%
	DOW	F	0.16%	0.17%	0.16%
	DTE	A	0.1%	0.09%	0.09%
	DUK	B	0.35%	0.08%	0.08%
	EA	C	0.17%	0.04%	0.04%
	EBAY	A	0.12%	0.08%	0.08%
	ECL	A	0.03%	0.06%	0.03%
	ED	B	0.14%	0.11%	0.11%
	EFX	B	0.11%	0.05%	0.05%
	EIX	B	0.12%	0.04%	0.04%
	ELV	B	0.43%	0.18%	0.18%
	EMR	D	0.27%	0.07%	0.07%
	EQIX	B	0.29%	0.0%	0.0%
	EQR	B	0.11%	0.02%	0.02%
	ES	B	0.09%	0.04%	0.04%
	ESS	A	0.07%	0.07%	0.07%
	EW	D	0.12%	0.08%	0.08%
	FAF	A	0.02%	0.08%	0.02%
	FHN	C	0.04%	0.09%	0.04%
	FITB	B	0.12%	0.09%	0.09%
	FLO	C	0.02%	0.09%	0.02%
	FLS	D	0.03%	0.03%	0.03%
	FMC	C	0.03%	0.07%	0.03%
	FNF	B	0.06%	0.03%	0.03%
	FOXA	C	0.04%	0.25%	0.04%
	FTV	C	0.1%	0.04%	0.04%
	GD	B	0.33%	0.14%	0.14%
	GILD	B	0.39%	0.13%	0.13%
	GIS	B	0.16%	0.08%	0.08%
	GL	C	0.04%	0.06%	0.04%
	GLPI	B	0.05%	0.08%	0.05%
	GM	C	0.21%	0.2%	0.2%
	GPN	C	0.11%	0.17%	0.11%
	GS	D	0.48%	0.1%	0.1%
	H	D	0.02%	0.08%	0.02%
	HBAN	B	0.09%	0.08%	0.08%
	HCA	A	0.22%	0.03%	0.03%
	HD	B	0.3%	0.0%	0.0%
	HII	D	0.05%	0.04%	0.04%
	HIW	A	0.01%	0.04%	0.01%
	HON	D	0.46%	0.04%	0.04%
	HPQ	D	0.11%	0.07%	0.07%
	HST	D	0.05%	0.09%	0.05%
	HUBB	B	0.09%	0.07%	0.07%
	HUM	F	0.18%	0.12%	0.12%
	IBM	A	0.72%	0.09%	0.09%
	INTC	F	0.54%	0.12%	0.12%
	ITW	B	0.19%	0.07%	0.07%
	JBHT	D	0.06%	0.12%	0.06%
	JEF	B	0.03%	0.08%	0.03%
	JNJ	B	1.56%	0.18%	0.18%
	JPM	D	2.5%	0.01%	0.01%
	K	A	0.06%	0.11%	0.06%
	KDP	B	0.15%	0.08%	0.08%
	KEY	B	0.06%	0.08%	0.06%
	KEYS	C	0.1%	0.08%	0.08%
	KIM	B	0.06%	0.04%	0.04%
	KMB	C	0.11%	0.08%	0.08%
	KMI	B	0.17%	0.28%	0.17%
	KMPR	D	0.02%	0.07%	0.02%
	KO	B	0.45%	0.08%	0.08%
	KRC	C	0.02%	0.04%	0.02%
	LEA	F	0.03%	0.08%	0.03%
	LEN	B	0.18%	0.32%	0.18%
	LEN	B	0.01%	0.32%	0.01%
	LHX	C	0.18%	0.1%	0.1%
	LMT	B	0.32%	0.23%	0.23%
	LNT	A	0.06%	0.1%	0.06%
	LOW	B	0.58%	0.04%	0.04%
	MAA	A	0.07%	0.02%	0.02%
	MAR	D	0.22%	0.04%	0.04%
	MAS	B	0.07%	0.19%	0.07%
	MCD	B	0.73%	0.04%	0.04%
	MCK	F	0.19%	0.09%	0.09%
	MDLZ	B	0.38%	0.07%	0.07%
	MET	B	0.19%	0.09%	0.09%
	MKC	B	0.08%	0.07%	0.07%
	MKL	C	0.07%	0.11%	0.07%
	MLM	D	0.14%	0.09%	0.09%
	MMC	A	0.39%	0.01%	0.01%
	MMM	A	0.24%	0.08%	0.08%
	MO	C	0.35%	0.1%	0.1%
	MS	D	0.46%	0.04%	0.04%
	MSI	B	0.14%	0.04%	0.04%
	MU	F	0.5%	0.08%	0.08%
	NDAQ	B	0.11%	0.08%	0.08%
	NEE	B	0.64%	0.04%	0.04%
	NFG	A	0.02%	0.08%	0.02%
	NI	A	0.06%	0.19%	0.06%
	NNN	B	0.03%	0.06%	0.03%
	NOC	B	0.28%	0.19%	0.19%
	NSC	C	0.23%	0.07%	0.07%
	NTAP	D	0.06%	0.07%	0.06%
	NVT	D	0.05%	0.11%	0.05%
	O	B	0.2%	0.12%	0.12%
	OHI	B	0.04%	0.0%	0.0%
	OKE	A	0.2%	0.14%	0.14%
	ORI	B	0.04%	0.08%	0.04%
	ORLY	B	0.02%	0.08%	0.02%
	OTIS	C	0.16%	0.07%	0.07%
	PCG	B	0.16%	0.07%	0.07%
	PEG	A	0.16%	0.07%	0.07%
	PEP	B	0.2%	0.24%	0.2%
	PG	A	1.21%	0.06%	0.06%
	PGR	B	0.08%	0.04%	0.04%
	PH	B	0.29%	0.02%	0.02%
	PHM	B	0.11%	0.2%	0.11%
	PKG	B	0.07%	0.07%	0.07%
	PLD	B	0.48%	0.07%	0.07%
	PM	B	0.73%	0.17%	0.17%
	PNC	B	0.29%	0.03%	0.03%
	PPG	C	0.12%	0.07%	0.07%
	PRU	C	0.18%	0.0%	0.0%
	PSA	A	0.16%	0.08%	0.08%
	PYPL	B	0.28%	0.02%	0.02%
	QCOM	D	0.05%	0.08%	0.05%
	REG	B	0.05%	0.06%	0.05%
	RNR	B	0.05%	0.04%	0.04%
	ROK	D	0.12%	0.06%	0.06%
	ROP	B	0.24%	0.08%	0.08%
	RPM	B	0.05%	0.04%	0.04%
	RPRX	C	0.05%	0.14%	0.05%
	RSG	B	0.16%	0.04%	0.04%
	SBUX	C	0.08%	0.09%	0.08%
	SCHW	D	0.36%	0.04%	0.04%
	SHW	A	0.03%	0.04%	0.03%
	SJM	C	0.05%	0.04%	0.04%
	SO	A	0.38%	0.1%	0.1%
	SPG	B	0.15%	0.22%	0.15%
	SPGI	A	0.62%	0.08%	0.08%
	SRE	B	0.21%	0.07%	0.07%
	STLD	F	0.08%	0.04%	0.04%
	STT	B	0.1%	0.07%	0.07%
	SWK	B	0.07%	0.11%	0.07%
	SYF	D	0.08%	0.08%	0.08%
	SYK	B	0.34%	0.03%	0.03%
	T	A	0.57%	0.12%	0.12%
	TDY	B	0.08%	0.14%	0.08%
	TFC	D	0.24%	0.06%	0.06%
	THG	A	0.02%	0.09%	0.02%
	TMO	B	0.96%	0.19%	0.19%
	TMUS	A	0.36%	0.14%	0.14%
	TPR	C	0.04%	0.19%	0.04%
	TRMB	C	0.05%	0.1%	0.05%
	TT	A	0.2%	0.08%	0.08%
	TXN	D	0.67%	0.07%	0.07%
	UNH	C	2.02%	0.02%	0.02%
	UNP	B	0.32%	0.11%	0.11%
	UPS	D	0.39%	0.08%	0.08%
	USB	C	0.29%	0.07%	0.07%
	VLO	F	0.22%	0.08%	0.08%
	VNT	D	0.02%	0.09%	0.02%
	VOYA	A	0.03%	0.04%	0.03%
	VRSN	D	0.06%	0.19%	0.06%
	VTR	B	0.09%	0.02%	0.02%
	VZ	A	0.7%	0.03%	0.03%
	WAB	B	0.12%	0.06%	0.06%
	WEC	B	0.11%	0.17%	0.11%
	WELL	B	0.27%	0.08%	0.08%
	WFC	F	0.85%	0.07%	0.07%
	WHR	D	0.02%	0.08%	0.02%
	WMT	B	1.22%	0.02%	0.02%
	WPC	B	0.05%	0.06%	0.05%
	WTW	B	0.12%	0.06%	0.06%
	WU	F	0.01%	0.13%	0.01%
	WY	C	0.09%	0.1%	0.09%
	XEL	B	0.13%	0.14%	0.13%
	ZTS	B	0.06%	0.05%	0.05%

VONV Overweight 588 Positions Relative to SKOR

	Symbol	Grade	Weight
	BRK.A	C	3.29%
	XOM	D	2.18%
	CVX	D	1.13%
	LIN	B	0.89%
	ACN	C	0.85%
	ABT	B	0.75%
	PFE	C	0.71%
	RTX	C	0.64%
	CAT	C	0.6%
	GE	A	0.6%
	COP	F	0.53%
	ETN	C	0.5%
	MDT	B	0.44%
	BSX	B	0.44%
	REGN	C	0.42%
	DE	B	0.39%
	ICE	B	0.35%
	AMD	D	0.32%
	EOG	D	0.3%
	TGT	C	0.29%
	FDX	C	0.28%
	SLB	F	0.28%
	FCX	D	0.27%
	MPC	F	0.26%
	VRTX	C	0.26%
	PSX	F	0.25%
	KKR	B	0.24%
	TDG	B	0.23%
	NEM	B	0.23%
	AJG	A	0.23%
	MRVL	C	0.22%
	CEG	C	0.21%
	PCAR	D	0.21%
	WMB	A	0.21%
	TJX	B	0.21%
	GEV	B	0.2%
	TRV	A	0.2%
	MCHP	D	0.19%
	FIS	A	0.18%
	IR	D	0.17%
	JCI	B	0.17%
	CNC	C	0.17%
	F	D	0.17%
	URI	C	0.16%
	MRNA	F	0.16%
	BKR	D	0.16%
	OXY	F	0.16%
	NUE	D	0.16%
	STZ	C	0.16%
	CTVA	B	0.16%
	IQV	C	0.16%
	AME	D	0.16%
	KVUE	B	0.15%
	FANG	F	0.15%
	KR	B	0.15%
	ROST	C	0.15%
	HWM	B	0.15%
	CRM	D	0.15%
	EXC	A	0.15%
	CTSH	B	0.15%
	EXR	A	0.14%
	ON	D	0.14%
	NKE	D	0.14%
	CBRE	B	0.14%
	ACGL	A	0.14%
	DD	B	0.14%
	HAL	F	0.13%
	ADM	D	0.13%
	GLW	C	0.13%
	BIIB	F	0.13%
	KHC	C	0.13%
	CSGP	D	0.13%
	MTD	D	0.13%
	XYL	D	0.13%
	VICI	B	0.13%
	GEHC	C	0.13%
	HIG	B	0.13%
	MTB	B	0.12%
	DVN	F	0.12%
	HLT	B	0.11%
	HPE	F	0.11%
	LYB	F	0.11%
	PAYX	B	0.11%
	GRMN	D	0.11%
	PWR	C	0.11%
	VMC	D	0.11%
	ANSS	D	0.11%
	DAL	C	0.11%
	STE	B	0.1%
	SBAC	B	0.1%
	MSTR	D	0.1%
	DELL	D	0.1%
	FE	B	0.1%
	RCL	B	0.1%
	ETR	A	0.1%
	FCNCA	D	0.1%
	TROW	D	0.1%
	HSY	B	0.1%
	TTWO	D	0.1%
	IFF	B	0.1%
	NVR	B	0.1%
	WBD	D	0.09%
	INVH	B	0.09%
	WDC	D	0.09%
	RJF	C	0.09%
	PPL	A	0.09%
	RMD	B	0.09%
	ZBH	D	0.09%
	FSLR	D	0.09%
	YUM	B	0.09%
	BBY	B	0.08%
	HOLX	B	0.08%
	APTV	F	0.08%
	OMC	B	0.08%
	PFG	C	0.08%
	EQT	D	0.08%
	CTRA	F	0.08%
	LDOS	B	0.08%
	ILMN	C	0.08%
	SQ	D	0.08%
	BALL	C	0.08%
	CINF	B	0.08%
	GPC	D	0.08%
	LNG	C	0.08%
	RF	C	0.08%
	BMRN	F	0.07%
	MRO	D	0.07%
	OC	C	0.07%
	LUV	C	0.07%
	IP	B	0.07%
	APO	C	0.07%
	TRU	A	0.07%
	CCL	C	0.07%
	WSO	C	0.07%
	WRB	C	0.07%
	TSN	C	0.07%
	RS	D	0.07%
	MSCI	C	0.07%
	TXT	D	0.07%
	NTRS	B	0.07%
	AVTR	B	0.07%
	J	D	0.07%
	SWKS	F	0.07%
	BLDR	C	0.07%
	RIVN	F	0.06%
	HOOD	C	0.06%
	UTHR	C	0.06%
	BLD	D	0.06%
	ZBRA	C	0.06%
	EG	B	0.06%
	NDSN	C	0.06%
	GGG	C	0.06%
	CF	C	0.06%
	AMAT	D	0.06%
	VTRS	C	0.06%
	CAG	B	0.06%
	SYY	C	0.06%
	VLTO	B	0.06%
	L	C	0.06%
	PNR	A	0.06%
	THC	B	0.06%
	CDW	D	0.06%
	RBA	B	0.06%
	EL	F	0.06%
	EXPD	D	0.06%
	AKAM	D	0.06%
	RGA	B	0.06%
	TOL	B	0.06%
	SNA	B	0.06%
	UAL	C	0.06%
	ZM	C	0.06%
	HES	F	0.06%
	DOC	B	0.06%
	SUI	B	0.06%
	SSNC	A	0.06%
	IEX	D	0.06%
	UNM	B	0.05%
	LKQ	D	0.05%
	DKS	D	0.05%
	EPAM	D	0.05%
	CW	B	0.05%
	APA	F	0.05%
	INCY	C	0.05%
	SCI	A	0.05%
	SW	B	0.05%
	QRVO	F	0.05%
	BJ	D	0.05%
	ITT	C	0.05%
	CASY	C	0.05%
	FFIV	A	0.05%
	EMN	A	0.05%
	IPG	C	0.05%
	JNPR	B	0.05%
	EWBC	D	0.05%
	JBL	D	0.05%
	ACM	B	0.05%
	CLH	B	0.05%
	KMX	D	0.05%
	UHS	B	0.05%
	IBKR	B	0.05%
	JKHY	A	0.05%
	OVV	F	0.05%
	USFD	A	0.05%
	CRL	D	0.05%
	AES	C	0.05%
	FTI	D	0.05%
	ELS	B	0.05%
	TECH	D	0.05%
	IRM	A	0.05%
	EVRG	A	0.05%
	UDR	B	0.05%
	MHK	B	0.04%
	CZR	D	0.04%
	APG	D	0.04%
	NYT	C	0.04%
	WAL	B	0.04%
	PRI	B	0.04%
	WST	F	0.04%
	NTNX	C	0.04%
	SF	B	0.04%
	TTEK	B	0.04%
	EGP	B	0.04%
	ARMK	B	0.04%
	EVR	B	0.04%
	SNX	D	0.04%
	DCI	D	0.04%
	PFGC	B	0.04%
	RGLD	B	0.04%
	CVNA	B	0.04%
	X	D	0.04%
	GPK	A	0.04%
	HSIC	D	0.04%
	EHC	B	0.04%
	FRT	B	0.04%
	COHR	C	0.04%
	TAP	C	0.04%
	WWD	D	0.04%
	CNH	C	0.04%
	HRL	C	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%
	CAH	B	0.04%
	TTC	D	0.04%
	CHK	D	0.04%
	DOX	C	0.04%
	MTCH	C	0.04%
	FDS	C	0.04%
	CACI	B	0.04%
	CHRW	C	0.04%
	AOS	D	0.04%
	WTRG	D	0.04%
	CCK	A	0.04%
	TFX	B	0.04%
	NWSA	D	0.04%
	MGM	D	0.04%
	EME	A	0.04%
	CHRD	F	0.04%
	RRX	C	0.04%
	CTLT	B	0.04%
	REXR	C	0.04%
	CG	D	0.04%
	ALB	D	0.04%
	GME	F	0.03%
	KD	D	0.03%
	ROKU	C	0.03%
	XP	D	0.03%
	IVZ	C	0.03%
	DAR	F	0.03%
	SAIC	B	0.03%
	FAST	C	0.03%
	ELAN	D	0.03%
	AFRM	C	0.03%
	AAL	D	0.03%
	HRB	C	0.03%
	PB	B	0.03%
	LFUS	D	0.03%
	BEN	D	0.03%
	BIO	C	0.03%
	FND	C	0.03%
	SOFI	C	0.03%
	RHI	D	0.03%
	CROX	C	0.03%
	BPOP	C	0.03%
	GXO	D	0.03%
	MAT	C	0.03%
	MTG	B	0.03%
	MTDR	F	0.03%
	BRBR	C	0.03%
	GWRE	A	0.03%
	JAZZ	D	0.03%
	COKE	C	0.03%
	FTNT	B	0.03%
	RL	B	0.03%
	LSTR	D	0.03%
	SNV	C	0.03%
	ADC	B	0.03%
	SEIC	C	0.03%
	CFR	C	0.03%
	MTZ	B	0.03%
	PARA	F	0.03%
	AGNC	A	0.03%
	WEX	C	0.03%
	ONTO	D	0.03%
	MSA	D	0.03%
	CRUS	D	0.03%
	WTFC	C	0.03%
	HLI	A	0.03%
	SWN	D	0.03%
	COIN	F	0.03%
	OSK	D	0.03%
	KEX	C	0.03%
	GNTX	F	0.03%
	FYBR	C	0.03%
	ALGN	D	0.03%
	BWXT	D	0.03%
	MIDD	D	0.03%
	FR	B	0.03%
	PNFP	B	0.03%
	WMS	D	0.03%
	MOH	C	0.03%
	DTM	B	0.03%
	SSD	C	0.03%
	STAG	B	0.03%
	RRC	D	0.03%
	TKO	B	0.03%
	ZION	D	0.03%
	LAD	C	0.03%
	CRBG	D	0.03%
	PR	D	0.03%
	CIEN	C	0.03%
	CHE	C	0.03%
	BERY	B	0.03%
	WCC	D	0.03%
	FCN	C	0.03%
	BKNG	B	0.03%
	CBSH	B	0.03%
	WAT	C	0.03%
	ALSN	B	0.03%
	AYI	B	0.03%
	OGE	B	0.03%
	MNST	C	0.03%
	LAMR	A	0.03%
	WYNN	D	0.03%
	AXTA	C	0.03%
	CR	C	0.03%
	TW	A	0.03%
	DAY	C	0.03%
	MKSI	F	0.03%
	RGEN	F	0.03%
	OKTA	F	0.03%
	WSM	C	0.03%
	SKX	C	0.03%
	GMED	D	0.03%
	CGNX	D	0.03%
	KBR	D	0.03%
	INGR	B	0.03%
	SOLV	C	0.03%
	LECO	D	0.03%
	JLL	B	0.03%
	NOV	F	0.03%
	DRI	C	0.03%
	MKTX	C	0.03%
	TWLO	D	0.03%
	RBC	D	0.03%
	BBWI	F	0.03%
	PTC	D	0.03%
	AA	D	0.03%
	ACI	D	0.03%
	ATI	D	0.03%
	AR	D	0.03%
	WBS	D	0.03%
	COLD	D	0.03%
	WBA	F	0.03%
	KNX	C	0.03%
	LSXMK	D	0.02%
	MAN	D	0.02%
	AMKR	D	0.02%
	DXC	C	0.02%
	SPR	D	0.02%
	NEU	C	0.02%
	AWI	C	0.02%
	CPRI	D	0.02%
	GTES	C	0.02%
	PRGO	C	0.02%
	BILL	D	0.02%
	FRPT	B	0.02%
	UHAL	B	0.02%
	HUN	D	0.02%
	COTY	D	0.02%
	IAC	C	0.02%
	MSM	D	0.02%
	SN	B	0.02%
	DBX	D	0.02%
	SITE	D	0.02%
	CUZ	B	0.02%
	PSN	B	0.02%
	BYD	C	0.02%
	ZG	B	0.02%
	SLGN	B	0.02%
	PII	D	0.02%
	AGO	C	0.02%
	S	C	0.02%
	EEFT	F	0.02%
	WTM	D	0.02%
	RYN	C	0.02%
	HOG	C	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	FOX	C	0.02%
	GNRC	D	0.02%
	ALK	C	0.02%
	GAP	F	0.02%
	M	D	0.02%
	JHG	B	0.02%
	ASH	D	0.02%
	CLF	F	0.02%
	DASH	C	0.02%
	AN	D	0.02%
	IDA	B	0.02%
	SLM	D	0.02%
	WLK	D	0.02%
	OZK	D	0.02%
	GFS	F	0.02%
	W	D	0.02%
	EXAS	C	0.02%
	CIVI	F	0.02%
	OLED	C	0.02%
	UGI	B	0.02%
	SEE	D	0.02%
	VNO	A	0.02%
	SON	C	0.02%
	WSC	D	0.02%
	POST	C	0.02%
	THO	C	0.02%
	SRCL	A	0.02%
	WH	B	0.02%
	OLN	D	0.02%
	COLB	C	0.02%
	FNB	D	0.02%
	MDU	B	0.02%
	HXL	F	0.02%
	BC	D	0.02%
	GWW	B	0.02%
	XRAY	D	0.02%
	TKR	D	0.02%
	OGN	C	0.02%
	MTSI	D	0.02%
	LNC	D	0.02%
	ESAB	C	0.02%
	Z	B	0.02%
	ST	F	0.02%
	PVH	D	0.02%
	RLI	B	0.02%
	LW	D	0.02%
	AGCO	D	0.02%
	BFAM	B	0.02%
	FICO	A	0.02%
	OMF	D	0.02%
	ACHC	C	0.02%
	STWD	B	0.02%
	LBRDK	D	0.02%
	AMG	C	0.02%
	VFC	C	0.02%
	VMI	D	0.02%
	OLLI	C	0.02%
	ESI	D	0.02%
	R	B	0.02%
	G	B	0.02%
	DDS	D	0.01%
	AMC	D	0.01%
	SNDR	B	0.01%
	DV	F	0.01%
	LYFT	D	0.01%
	WEN	C	0.01%
	REYN	C	0.01%
	UAA	C	0.01%
	INFA	D	0.01%
	PPC	D	0.01%
	VSTS	D	0.01%
	SHC	B	0.01%
	LEG	D	0.01%
	MP	D	0.01%
	TER	D	0.01%
	TRIP	F	0.01%
	ALGM	D	0.01%
	CERT	F	0.01%
	GO	F	0.01%
	LPX	B	0.01%
	AZEK	C	0.01%
	SAM	F	0.01%
	GLOB	D	0.01%
	RCM	C	0.01%
	HAYW	D	0.01%
	BROS	D	0.01%
	CRI	C	0.01%
	MASI	D	0.01%
	FTRE	F	0.01%
	PSTG	D	0.01%
	RKT	B	0.01%
	EXP	A	0.01%
	VIRT	B	0.01%
	ADTN	F	0.01%
	QS	F	0.01%
	JWN	C	0.01%
	IPGP	F	0.01%
	HHH	C	0.01%
	BIRK	D	0.01%
	ULTA	D	0.01%
	BOKF	B	0.01%
	WOLF	F	0.01%
	KSS	F	0.01%
	YETI	D	0.01%
	SPB	B	0.01%
	PINC	C	0.01%
	ENOV	F	0.01%
	BRKR	D	0.01%
	ETSY	F	0.01%
	U	D	0.01%
	COLM	B	0.01%
	CLVT	D	0.01%
	MPW	B	0.01%
	PLNT	B	0.01%
	NVST	D	0.01%
	VAC	F	0.01%
	AM	B	0.01%
	PENN	D	0.01%
	CWEN	A	0.01%
	CNM	F	0.01%
	NSA	A	0.01%
	LOPE	D	0.01%
	DOCS	B	0.01%
	BHF	F	0.01%
	CACC	F	0.01%
	PK	F	0.01%
	CPRT	F	0.01%
	AMED	D	0.01%
	PAYC	D	0.01%
	LCID	C	0.01%
	IRDM	D	0.01%
	TNL	F	0.01%
	FHB	C	0.01%
	PAG	D	0.01%
	TPG	B	0.01%
	NWS	D	0.01%
	DNB	C	0.01%
	SMG	C	0.01%
	CC	F	0.01%
	CNXC	D	0.01%
	ALNY	C	0.01%
	EPR	B	0.01%
	AZTA	D	0.01%
	MSGS	B	0.01%
	LITE	C	0.01%
	RH	C	0.01%
	NXST	D	0.01%
	ZI	D	0.01%
	NWL	C	0.01%
	TYL	B	0.01%
	UHAL	B	0.0%
	UWMC	C	0.0%
	UI	B	0.0%
	IONS	F	0.0%
	LBRDA	D	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%
	SIRI	C	0.0%
	HCP	A	0.0%
	TXG	D	0.0%
	CACC	F	0.0%
	FIVE	D	0.0%
	PYCR	D	0.0%
	SEB	C	0.0%
	LSCC	D	0.0%
	NCNO	F	0.0%
	CAR	F	0.0%
	CNA	C	0.0%
	UA	C	0.0%
	MTN	D	0.0%
	EXEL	A	0.0%
	HAS	B	0.0%

VONV Underweight 56 Positions Relative to SKOR

	Symbol	Grade	Weight
	NXPI	F	-0.21%
	PAA	C	-0.19%
	TD	A	-0.17%
	LII	A	-0.16%
	WM	D	-0.13%
	AMT	B	-0.13%
	CM	B	-0.11%
	BHP	D	-0.11%
	AMZN	C	-0.11%
	ATHS	A	-0.11%
	ARCC	C	-0.11%
	BMO	D	-0.11%
	LH	B	-0.11%
	ORCL	B	-0.11%
	VRSK	D	-0.1%
	BIDU	F	-0.1%
	BKU	C	-0.1%
	INTU	C	-0.1%
	COST	B	-0.1%
	V	A	-0.1%
	ADBE	D	-0.09%
	LAZ	B	-0.09%
	BNS	A	-0.09%
	AAPL	D	-0.09%
	ADSK	B	-0.08%
	AWH	F	-0.08%
	KLAC	D	-0.08%
	HP	F	-0.08%
	DSS	F	-0.08%
	SBRA	A	-0.07%
	WB	F	-0.07%
	BKH	A	-0.07%
	GSBD	D	-0.07%
	TEL	D	-0.07%
	MCO	B	-0.07%
	EPD	A	-0.07%
	BABA	C	-0.07%
	HSBC	B	-0.07%
	SKT	B	-0.06%
	SCS	C	-0.06%
	SITC	D	-0.05%
	DT	C	-0.05%
	RY	B	-0.05%
	AER	C	-0.05%
	PDM	B	-0.04%
	HPP	F	-0.04%
	KRG	B	-0.04%
	MSFT	C	-0.04%
	DB	C	-0.04%
	MA	A	-0.04%
	AVGO	C	-0.04%
	GOOGL	D	-0.03%
	BDN	B	-0.02%
	CLX	B	-0.02%
	MUFG	D	-0.02%
	CP	B	-0.01%

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

SKOR: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Global Diversified Industrials Banks - Regional - US Credit Services REIT - Retail REIT - Office Business Services Insurance - Property & Casualty Asset Management Capital Markets Diagnostics & Research Packaged Foods REIT - Residential Semiconductors Specialty Retail Aerospace & Defense Drug Manufacturers - Major Health Care Plans Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Insurance Bank Real Estate Investment Trust Natural Gas Dow Jones Component Electricity Banking Investment Bank Insurance Products Financial Products Cash Management Chemical Computing Commercial Banking Electronics Real Estate Market Telecommunications Aerospace