VONV vs. SPYX ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to SPDR S&P 500 Fossil Fuel Free ETF (SPYX)

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

SPYX

SPDR S&P 500 Fossil Fuel Free ETF

SPYX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.81

Average Daily Volume

120,750

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	VONV	SPYX
30 Days	3.51%	2.88%
60 Days	4.96%	4.36%
90 Days	7.00%	6.16%
12 Months	29.73%	32.78%

422 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in SPYX	Overlap
	A	D	0.15%	0.08%	0.08%
	ABBV	D	0.82%	0.61%	0.61%
	ABT	B	0.78%	0.41%	0.41%
	ACGL	D	0.14%	0.08%	0.08%
	ACN	C	0.87%	0.46%	0.46%
	ADI	D	0.44%	0.22%	0.22%
	ADM	D	0.11%	0.05%	0.05%
	ADP	B	0.03%	0.25%	0.03%
	AEE	A	0.09%	0.05%	0.05%
	AEP	D	0.21%	0.1%	0.1%
	AES	F	0.05%	0.02%	0.02%
	AFL	B	0.23%	0.11%	0.11%
	AIG	B	0.2%	0.1%	0.1%
	AIZ	A	0.04%	0.02%	0.02%
	AJG	B	0.23%	0.13%	0.13%
	AKAM	D	0.06%	0.03%	0.03%
	ALB	C	0.04%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.11%	0.11%
	ALLE	D	0.05%	0.03%	0.03%
	AMAT	F	0.05%	0.31%	0.05%
	AMCR	D	0.06%	0.03%	0.03%
	AMD	F	0.32%	0.46%	0.32%
	AME	A	0.17%	0.09%	0.09%
	AMGN	D	0.15%	0.32%	0.15%
	AMP	A	0.02%	0.11%	0.02%
	ANSS	B	0.11%	0.06%	0.06%
	AON	A	0.29%	0.17%	0.17%
	AOS	F	0.04%	0.02%	0.02%
	APD	A	0.28%	0.14%	0.14%
	APH	A	0.13%	0.18%	0.13%
	APTV	D	0.06%	0.03%	0.03%
	ARE	D	0.08%	0.03%	0.03%
	ATO	A	0.08%	0.04%	0.04%
	AVB	B	0.13%	0.07%	0.07%
	AVY	D	0.04%	0.03%	0.03%
	AWK	D	0.11%	0.05%	0.05%
	AXP	A	0.38%	0.33%	0.33%
	AZO	C	0.02%	0.12%	0.02%
	BA	F	0.34%	0.21%	0.21%
	BAC	A	1.14%	0.63%	0.63%
	BALL	D	0.07%	0.04%	0.04%
	BAX	D	0.07%	0.03%	0.03%
	BBY	D	0.08%	0.04%	0.04%
	BDX	F	0.27%	0.13%	0.13%
	BEN	C	0.02%	0.01%	0.01%
	BG	F	0.05%	0.03%	0.03%
	BIIB	F	0.1%	0.05%	0.05%
	BK	A	0.22%	0.12%	0.12%
	BKNG	A	0.04%	0.34%	0.04%
	BKR	B	0.15%	0.09%	0.09%
	BLDR	D	0.07%	0.04%	0.04%
	BLK	C	0.58%	0.3%	0.3%
	BMY	B	0.45%	0.24%	0.24%
	BR	A	0.01%	0.05%	0.01%
	BRK.A	B	3.3%	1.75%	1.75%
	BRO	B	0.06%	0.05%	0.05%
	BSX	B	0.49%	0.26%	0.26%
	BWA	D	0.03%	0.02%	0.02%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.49%	0.27%	0.27%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	0.04%	0.06%	0.04%
	CARR	D	0.2%	0.13%	0.13%
	CAT	B	0.63%	0.38%	0.38%
	CB	C	0.46%	0.22%	0.22%
	CBOE	B	0.09%	0.04%	0.04%
	CBRE	B	0.16%	0.08%	0.08%
	CCI	D	0.19%	0.09%	0.09%
	CCL	B	0.09%	0.05%	0.05%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.04%	0.02%	0.02%
	CEG	D	0.28%	0.14%	0.14%
	CF	B	0.06%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CHD	B	0.1%	0.05%	0.05%
	CHRW	C	0.05%	0.03%	0.03%
	CHTR	C	0.12%	0.08%	0.08%
	CI	F	0.32%	0.18%	0.18%
	CINF	A	0.09%	0.05%	0.05%
	CL	D	0.14%	0.15%	0.14%
	CMCSA	B	0.67%	0.34%	0.34%
	CME	A	0.32%	0.16%	0.16%
	CMI	A	0.18%	0.1%	0.1%
	CMS	C	0.08%	0.04%	0.04%
	CNC	D	0.13%	0.06%	0.06%
	CNP	B	0.07%	0.04%	0.04%
	COF	B	0.25%	0.14%	0.14%
	CPB	D	0.04%	0.02%	0.02%
	CPRT	A	0.01%	0.1%	0.01%
	CPT	B	0.05%	0.03%	0.03%
	CRL	C	0.04%	0.02%	0.02%
	CRM	B	0.17%	0.66%	0.17%
	CSCO	B	0.89%	0.48%	0.48%
	CSGP	D	0.12%	0.06%	0.06%
	CSX	B	0.26%	0.14%	0.14%
	CTAS	B	0.01%	0.15%	0.01%
	CTLT	B	0.04%	0.02%	0.02%
	CTSH	B	0.15%	0.08%	0.08%
	CTVA	C	0.17%	0.08%	0.08%
	CVS	D	0.29%	0.14%	0.14%
	CZR	F	0.03%	0.02%	0.02%
	D	C	0.2%	0.1%	0.1%
	DAL	C	0.15%	0.08%	0.08%
	DAY	B	0.04%	0.02%	0.02%
	DD	D	0.14%	0.07%	0.07%
	DE	A	0.41%	0.21%	0.21%
	DFS	B	0.15%	0.09%	0.09%
	DG	F	0.07%	0.03%	0.03%
	DGX	A	0.07%	0.04%	0.04%
	DHI	D	0.2%	0.1%	0.1%
	DHR	F	0.63%	0.31%	0.31%
	DIS	B	0.71%	0.4%	0.4%
	DLR	B	0.23%	0.11%	0.11%
	DLTR	F	0.05%	0.03%	0.03%
	DOC	D	0.06%	0.03%	0.03%
	DOV	A	0.1%	0.06%	0.06%
	DOW	F	0.14%	0.06%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.1%	0.05%	0.05%
	DUK	C	0.36%	0.17%	0.17%
	EA	A	0.16%	0.08%	0.08%
	EBAY	D	0.12%	0.06%	0.06%
	ECL	D	0.03%	0.13%	0.03%
	ED	D	0.14%	0.07%	0.07%
	EFX	F	0.1%	0.07%	0.07%
	EG	C	0.05%	0.03%	0.03%
	EIX	B	0.13%	0.06%	0.06%
	EL	F	0.04%	0.03%	0.03%
	ELV	F	0.32%	0.19%	0.19%
	EMN	D	0.05%	0.02%	0.02%
	EMR	A	0.25%	0.15%	0.15%
	EPAM	C	0.04%	0.03%	0.03%
	EQIX	A	0.33%	0.17%	0.17%
	EQR	B	0.11%	0.05%	0.05%
	ES	D	0.09%	0.04%	0.04%
	ESS	B	0.07%	0.04%	0.04%
	ETN	A	0.53%	0.29%	0.29%
	ETR	B	0.13%	0.06%	0.06%
	EVRG	A	0.05%	0.03%	0.03%
	EW	C	0.13%	0.08%	0.08%
	EXC	C	0.16%	0.08%	0.08%
	EXPD	D	0.06%	0.03%	0.03%
	EXR	D	0.14%	0.07%	0.07%
	F	C	0.16%	0.09%	0.09%
	FAST	B	0.03%	0.1%	0.03%
	FCX	D	0.26%	0.13%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.25%	0.13%	0.13%
	FE	C	0.1%	0.04%	0.04%
	FFIV	B	0.05%	0.03%	0.03%
	FI	A	0.31%	0.25%	0.25%
	FICO	B	0.03%	0.12%	0.03%
	FIS	C	0.2%	0.1%	0.1%
	FITB	A	0.12%	0.07%	0.07%
	FMC	D	0.03%	0.01%	0.01%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	B	0.04%	0.02%	0.02%
	FRT	B	0.04%	0.02%	0.02%
	FSLR	F	0.08%	0.04%	0.04%
	FTNT	C	0.04%	0.12%	0.04%
	FTV	C	0.1%	0.05%	0.05%
	GD	F	0.32%	0.15%	0.15%
	GE	D	0.59%	0.39%	0.39%
	GEHC	F	0.14%	0.08%	0.08%
	GEN	B	0.06%	0.03%	0.03%
	GEV	B	0.33%	0.18%	0.18%
	GILD	C	0.44%	0.23%	0.23%
	GIS	D	0.15%	0.07%	0.07%
	GL	B	0.04%	0.02%	0.02%
	GLW	B	0.15%	0.07%	0.07%
	GM	B	0.23%	0.13%	0.13%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.06%	0.04%	0.04%
	GPN	B	0.11%	0.06%	0.06%
	GRMN	B	0.12%	0.07%	0.07%
	GS	A	0.48%	0.38%	0.38%
	GWW	B	0.02%	0.11%	0.02%
	HAL	C	0.1%	0.05%	0.05%
	HAS	D	0.0%	0.02%	0.0%
	HBAN	A	0.09%	0.05%	0.05%
	HCA	F	0.2%	0.13%	0.13%
	HD	A	0.32%	0.82%	0.32%
	HIG	B	0.13%	0.07%	0.07%
	HII	D	0.03%	0.02%	0.02%
	HLT	A	0.11%	0.13%	0.11%
	HOLX	D	0.07%	0.04%	0.04%
	HON	B	0.45%	0.31%	0.31%
	HPE	B	0.1%	0.06%	0.06%
	HPQ	B	0.11%	0.07%	0.07%
	HRL	D	0.04%	0.02%	0.02%
	HSIC	B	0.04%	0.02%	0.02%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.09%	0.05%	0.05%
	HUBB	B	0.09%	0.05%	0.05%
	HUM	C	0.12%	0.07%	0.07%
	HWM	A	0.15%	0.09%	0.09%
	IBM	C	0.76%	0.39%	0.39%
	ICE	C	0.35%	0.18%	0.18%
	IEX	B	0.07%	0.03%	0.03%
	IFF	D	0.1%	0.05%	0.05%
	INCY	C	0.04%	0.03%	0.03%
	INTC	D	0.37%	0.22%	0.22%
	INVH	D	0.08%	0.04%	0.04%
	IP	B	0.08%	0.04%	0.04%
	IPG	D	0.04%	0.02%	0.02%
	IQV	D	0.13%	0.07%	0.07%
	IR	B	0.15%	0.08%	0.08%
	IRM	D	0.06%	0.07%	0.06%
	ITW	B	0.19%	0.15%	0.15%
	IVZ	B	0.03%	0.02%	0.02%
	J	F	0.07%	0.04%	0.04%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.17%	0.12%	0.12%
	JKHY	D	0.05%	0.03%	0.03%
	JNJ	D	1.54%	0.75%	0.75%
	JNPR	F	0.05%	0.03%	0.03%
	JPM	A	2.55%	1.4%	1.4%
	K	A	0.08%	0.04%	0.04%
	KDP	D	0.15%	0.08%	0.08%
	KEY	B	0.06%	0.04%	0.04%
	KEYS	A	0.1%	0.05%	0.05%
	KHC	F	0.12%	0.06%	0.06%
	KIM	A	0.06%	0.03%	0.03%
	KKR	A	0.27%	0.21%	0.21%
	KMB	D	0.11%	0.09%	0.09%
	KMI	A	0.19%	0.11%	0.11%
	KMX	B	0.04%	0.03%	0.03%
	KO	D	0.43%	0.49%	0.43%
	KR	B	0.15%	0.08%	0.08%
	KVUE	A	0.18%	0.09%	0.09%
	L	A	0.06%	0.03%	0.03%
	LDOS	C	0.1%	0.05%	0.05%
	LEN	D	0.16%	0.08%	0.08%
	LEN	D	0.01%	0.08%	0.01%
	LH	C	0.08%	0.04%	0.04%
	LHX	C	0.19%	0.1%	0.1%
	LIN	D	0.88%	0.44%	0.44%
	LKQ	D	0.04%	0.02%	0.02%
	LMT	D	0.32%	0.23%	0.23%
	LNT	A	0.06%	0.03%	0.03%
	LOW	D	0.6%	0.31%	0.31%
	LUV	C	0.07%	0.04%	0.04%
	LW	C	0.03%	0.02%	0.02%
	LYB	F	0.09%	0.04%	0.04%
	MAA	B	0.07%	0.04%	0.04%
	MAR	B	0.24%	0.13%	0.13%
	MAS	D	0.07%	0.04%	0.04%
	MCD	D	0.79%	0.44%	0.44%
	MCHP	D	0.16%	0.07%	0.07%
	MCK	B	0.15%	0.16%	0.15%
	MDLZ	F	0.37%	0.18%	0.18%
	MDT	D	0.46%	0.22%	0.22%
	MET	A	0.18%	0.1%	0.1%
	MGM	D	0.03%	0.02%	0.02%
	MHK	D	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.04%	0.04%
	MKTX	D	0.04%	0.02%	0.02%
	MLM	B	0.14%	0.07%	0.07%
	MMC	B	0.37%	0.22%	0.22%
	MMM	D	0.23%	0.15%	0.15%
	MNST	C	0.03%	0.08%	0.03%
	MO	A	0.37%	0.19%	0.19%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.21%	0.11%	0.11%
	MRNA	F	0.07%	0.03%	0.03%
	MS	A	0.51%	0.34%	0.34%
	MSCI	C	0.07%	0.1%	0.07%
	MSI	B	0.16%	0.17%	0.16%
	MTB	A	0.13%	0.07%	0.07%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.11%	0.06%	0.06%
	MU	D	0.44%	0.22%	0.22%
	NDAQ	A	0.12%	0.07%	0.07%
	NDSN	B	0.06%	0.03%	0.03%
	NEE	D	0.65%	0.32%	0.32%
	NEM	D	0.21%	0.1%	0.1%
	NI	A	0.06%	0.03%	0.03%
	NKE	D	0.14%	0.19%	0.14%
	NOC	D	0.28%	0.14%	0.14%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.23%	0.12%	0.12%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.14%	0.07%	0.07%
	NVR	D	0.1%	0.05%	0.05%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.04%	0.02%	0.02%
	O	D	0.21%	0.1%	0.1%
	OKE	A	0.23%	0.13%	0.13%
	OMC	C	0.08%	0.04%	0.04%
	ON	D	0.12%	0.06%	0.06%
	ORLY	B	0.02%	0.15%	0.02%
	OTIS	C	0.16%	0.08%	0.08%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.11%	0.1%	0.1%
	PCAR	B	0.21%	0.12%	0.12%
	PCG	A	0.17%	0.09%	0.09%
	PEG	A	0.18%	0.09%	0.09%
	PEP	F	0.19%	0.46%	0.19%
	PFE	D	0.64%	0.3%	0.3%
	PFG	D	0.08%	0.04%	0.04%
	PG	A	1.21%	0.8%	0.8%
	PGR	A	0.09%	0.31%	0.09%
	PH	A	0.32%	0.18%	0.18%
	PHM	D	0.11%	0.05%	0.05%
	PKG	A	0.08%	0.04%	0.04%
	PLD	D	0.42%	0.22%	0.22%
	PM	B	0.83%	0.41%	0.41%
	PNC	B	0.3%	0.17%	0.17%
	PNR	A	0.07%	0.04%	0.04%
	PNW	B	0.04%	0.02%	0.02%
	PPG	F	0.12%	0.06%	0.06%
	PPL	B	0.1%	0.05%	0.05%
	PRU	A	0.18%	0.09%	0.09%
	PSA	D	0.18%	0.11%	0.11%
	PSX	C	0.2%	0.11%	0.11%
	PTC	A	0.03%	0.05%	0.03%
	PWR	A	0.12%	0.1%	0.1%
	PYPL	B	0.32%	0.18%	0.18%
	QCOM	F	0.05%	0.37%	0.05%
	QRVO	F	0.03%	0.01%	0.01%
	RCL	A	0.13%	0.11%	0.11%
	REG	B	0.05%	0.02%	0.02%
	REGN	F	0.32%	0.17%	0.17%
	RF	A	0.09%	0.05%	0.05%
	RJF	A	0.11%	0.06%	0.06%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.1%	0.07%	0.07%
	ROK	B	0.11%	0.07%	0.07%
	ROP	B	0.23%	0.12%	0.12%
	ROST	C	0.14%	0.1%	0.1%
	RSG	A	0.16%	0.09%	0.09%
	RTX	C	0.64%	0.32%	0.32%
	RVTY	F	0.06%	0.03%	0.03%
	SBAC	D	0.1%	0.05%	0.05%
	SBUX	A	0.1%	0.23%	0.1%
	SCHW	B	0.38%	0.24%	0.24%
	SHW	A	0.03%	0.18%	0.03%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.23%	0.13%	0.13%
	SNA	A	0.07%	0.04%	0.04%
	SO	D	0.4%	0.19%	0.19%
	SOLV	C	0.04%	0.02%	0.02%
	SPG	B	0.16%	0.11%	0.11%
	SPGI	C	0.6%	0.33%	0.33%
	SRE	A	0.21%	0.12%	0.12%
	STE	F	0.09%	0.05%	0.05%
	STLD	B	0.08%	0.04%	0.04%
	STT	A	0.11%	0.06%	0.06%
	STZ	D	0.15%	0.08%	0.08%
	SW	A	0.11%	0.05%	0.05%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.09%	0.05%	0.05%
	SYK	C	0.36%	0.26%	0.26%
	SYY	B	0.06%	0.08%	0.06%
	T	A	0.65%	0.33%	0.33%
	TAP	C	0.04%	0.02%	0.02%
	TDG	D	0.23%	0.15%	0.15%
	TDY	B	0.08%	0.05%	0.05%
	TECH	D	0.05%	0.02%	0.02%
	TER	D	0.01%	0.03%	0.01%
	TFC	A	0.23%	0.13%	0.13%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.28%	0.15%	0.15%
	TJX	A	0.21%	0.28%	0.21%
	TMO	F	0.84%	0.41%	0.41%
	TMUS	B	0.43%	0.24%	0.24%
	TPR	B	0.04%	0.03%	0.03%
	TRMB	B	0.06%	0.04%	0.04%
	TROW	B	0.1%	0.06%	0.06%
	TRV	B	0.22%	0.12%	0.12%
	TSN	B	0.07%	0.04%	0.04%
	TT	A	0.22%	0.19%	0.19%
	TTWO	A	0.11%	0.06%	0.06%
	TXN	C	0.65%	0.38%	0.38%
	TXT	D	0.06%	0.03%	0.03%
	TYL	B	0.02%	0.05%	0.02%
	UAL	A	0.1%	0.06%	0.06%
	UDR	B	0.06%	0.03%	0.03%
	UHS	D	0.05%	0.03%	0.03%
	ULTA	F	0.01%	0.04%	0.01%
	UNH	C	1.94%	1.12%	1.12%
	UNP	C	0.3%	0.29%	0.29%
	UPS	C	0.39%	0.2%	0.2%
	URI	B	0.16%	0.12%	0.12%
	USB	A	0.3%	0.16%	0.16%
	VICI	C	0.13%	0.07%	0.07%
	VLO	C	0.17%	0.09%	0.09%
	VLTO	D	0.06%	0.05%	0.05%
	VMC	B	0.11%	0.08%	0.08%
	VRSN	F	0.06%	0.03%	0.03%
	VRTX	F	0.25%	0.26%	0.25%
	VTR	C	0.11%	0.05%	0.05%
	VTRS	A	0.06%	0.03%	0.03%
	VZ	C	0.71%	0.35%	0.35%
	WAB	B	0.13%	0.07%	0.07%
	WAT	B	0.03%	0.05%	0.03%
	WBA	F	0.03%	0.01%	0.01%
	WBD	C	0.08%	0.04%	0.04%
	WDC	D	0.09%	0.04%	0.04%
	WEC	A	0.12%	0.06%	0.06%
	WELL	A	0.33%	0.16%	0.16%
	WFC	A	0.91%	0.51%	0.51%
	WMB	A	0.25%	0.14%	0.14%
	WMT	A	1.42%	0.75%	0.75%
	WRB	A	0.07%	0.04%	0.04%
	WST	C	0.04%	0.05%	0.04%
	WTW	B	0.12%	0.07%	0.07%
	WY	D	0.09%	0.05%	0.05%
	WYNN	D	0.04%	0.02%	0.02%
	XEL	A	0.15%	0.08%	0.08%
	XYL	D	0.12%	0.06%	0.06%
	YUM	B	0.09%	0.08%	0.08%
	ZBH	C	0.09%	0.05%	0.05%
	ZBRA	B	0.06%	0.04%	0.04%
	ZTS	D	0.06%	0.16%	0.06%

VONV Overweight 420 Positions Relative to SPYX

	Symbol	Grade	Weight
	XOM	B	2.1%
	CVX	A	1.03%
	COP	C	0.51%
	EOG	A	0.28%
	MRVL	B	0.25%
	MSTR	C	0.14%
	FANG	D	0.13%
	OXY	D	0.13%
	DELL	C	0.11%
	DVN	F	0.1%
	LNG	B	0.09%
	ILMN	D	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	ZM	B	0.08%
	EQT	B	0.08%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	WSO	A	0.07%
	CSL	C	0.07%
	CVNA	B	0.07%
	CTRA	B	0.07%
	TRU	D	0.07%
	RGA	A	0.06%
	USFD	A	0.06%
	ACM	A	0.06%
	THC	D	0.06%
	TOL	B	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	OC	A	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	IBKR	A	0.06%
	FTI	A	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	CLH	B	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	WPC	D	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	NVT	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	ELS	C	0.05%
	GLPI	C	0.05%
	CW	B	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	DTM	B	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	JLL	D	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	LAD	A	0.04%
	CIEN	B	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	EVR	B	0.04%
	PRI	A	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AA	B	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	PFGC	B	0.04%
	CUBE	D	0.04%
	NTNX	A	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	ATR	B	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PB	A	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	G	B	0.03%
	STAG	F	0.03%
	JAZZ	B	0.03%
	COKE	C	0.03%
	RHI	B	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	ROKU	D	0.03%
	FND	C	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	WSM	B	0.03%
	GNTX	C	0.03%
	PR	B	0.03%
	GXO	B	0.03%
	LBRDK	C	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	ONTO	D	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	ACI	C	0.03%
	EXAS	D	0.03%
	LECO	B	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RBC	A	0.03%
	TKO	B	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BERY	B	0.03%
	BRX	A	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%
	EGP	F	0.03%
	RIVN	F	0.03%
	ALLY	C	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%
	CMA	A	0.03%
	APA	D	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	ALNY	D	0.02%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	AN	C	0.02%
	SITE	D	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	CLF	F	0.02%
	FLO	D	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	M	D	0.02%
	FRPT	B	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	TPG	A	0.02%
	DBX	B	0.02%
	AGO	B	0.02%
	WSC	D	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	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%
	DOCS	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%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	SEE	C	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	CROX	D	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	C	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%
	NFG	A	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	COIN	C	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	B	0.02%
	S	B	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%
	RLI	B	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	STWD	C	0.02%
	WH	B	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%
	FTRE	D	0.01%
	GO	C	0.01%
	LYFT	C	0.01%
	REYN	D	0.01%
	EXEL	B	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	WEN	D	0.01%
	INFA	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	PPC	C	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	A	0.01%
	LPX	B	0.01%
	CRI	D	0.01%
	PSTG	D	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	KSS	F	0.01%
	SAM	C	0.01%
	ETSY	D	0.01%
	YETI	C	0.01%
	AAP	C	0.01%
	AZTA	D	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%
	BRKR	D	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	C	0.01%
	ADTN	A	0.01%
	EXP	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%
	CC	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%
	LOPE	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%
	CNM	D	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	WU	D	0.01%
	AM	A	0.01%
	AMED	F	0.01%
	IRDM	D	0.01%
	PLNT	A	0.01%
	FHB	A	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	U	C	0.01%
	NXST	C	0.01%
	EPR	D	0.01%
	ZI	D	0.01%
	PRGO	B	0.01%
	HIW	D	0.01%
	CIVI	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%
	NWL	B	0.01%
	SMG	D	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%
	UI	A	0.0%
	TFSL	A	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	PATH	C	0.0%
	CWEN	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%
	CNA	B	0.0%
	DV	C	0.0%
	DDS	B	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 63 Positions Relative to SPYX

	Symbol	Grade	Weight
	NVDA	C	-7.36%
	AAPL	C	-7.07%
	MSFT	F	-6.47%
	AMZN	C	-4.03%
	META	D	-2.57%
	GOOGL	C	-2.1%
	TSLA	B	-1.76%
	GOOG	C	-1.74%
	AVGO	D	-1.62%
	LLY	F	-1.27%
	V	A	-1.05%
	MA	C	-0.88%
	COST	B	-0.83%
	NFLX	A	-0.73%
	ORCL	B	-0.61%
	MRK	F	-0.51%
	ADBE	C	-0.48%
	NOW	A	-0.44%
	INTU	C	-0.4%
	ISRG	A	-0.39%
	UBER	D	-0.31%
	BX	A	-0.27%
	PANW	C	-0.26%
	LRCX	F	-0.2%
	ANET	C	-0.2%
	AMT	D	-0.19%
	KLAC	D	-0.18%
	WM	A	-0.17%
	CMG	B	-0.17%
	CDNS	B	-0.17%
	SNPS	B	-0.17%
	CRWD	B	-0.16%
	MCO	B	-0.15%
	ADSK	A	-0.13%
	NXPI	D	-0.12%
	ABNB	C	-0.12%
	VST	B	-0.1%
	TRGP	B	-0.09%
	COR	B	-0.09%
	AXON	A	-0.09%
	LULU	C	-0.08%
	VRSK	A	-0.08%
	ODFL	B	-0.08%
	IT	C	-0.08%
	IDXX	F	-0.07%
	DECK	A	-0.06%
	MPWR	F	-0.06%
	TSCO	D	-0.06%
	DXCM	D	-0.06%
	EXPE	B	-0.05%
	CPAY	A	-0.05%
	GDDY	A	-0.05%
	LVS	C	-0.04%
	PODD	C	-0.04%
	STX	D	-0.04%
	LYV	A	-0.04%
	CLX	B	-0.04%
	POOL	C	-0.03%
	ROL	B	-0.03%
	ENPH	F	-0.02%
	SMCI	F	-0.02%
	NCLH	B	-0.02%
	DVA	B	-0.01%

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

SPYX: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

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