VONV vs. USCA ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

99,900

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	VONV	USCA
30 Days	3.51%	3.84%
60 Days	4.96%	5.61%
90 Days	7.00%	7.33%
12 Months	29.73%	34.59%

239 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in USCA	Overlap
	A	D	0.15%	0.1%	0.1%
	ABBV	D	0.82%	0.81%	0.81%
	ABT	B	0.78%	0.54%	0.54%
	ACGL	D	0.14%	0.1%	0.1%
	ACM	A	0.06%	0.04%	0.04%
	ACN	C	0.87%	0.61%	0.61%
	ADI	D	0.44%	0.29%	0.29%
	ADP	B	0.03%	0.33%	0.03%
	AEP	D	0.21%	0.13%	0.13%
	AIG	B	0.2%	0.14%	0.14%
	AJG	B	0.23%	0.17%	0.17%
	AKAM	D	0.06%	0.04%	0.04%
	ALB	C	0.04%	0.03%	0.03%
	AMD	F	0.32%	0.6%	0.32%
	AME	A	0.17%	0.12%	0.12%
	AMGN	D	0.15%	0.43%	0.15%
	ANSS	B	0.11%	0.08%	0.08%
	AON	A	0.29%	0.2%	0.2%
	APO	B	0.08%	0.17%	0.08%
	ARE	D	0.08%	0.05%	0.05%
	ATO	A	0.08%	0.06%	0.06%
	AVB	B	0.13%	0.09%	0.09%
	AVY	D	0.04%	0.04%	0.04%
	AWK	D	0.11%	0.07%	0.07%
	AXP	A	0.38%	0.45%	0.38%
	BAC	A	1.14%	0.88%	0.88%
	BALL	D	0.07%	0.05%	0.05%
	BIIB	F	0.1%	0.07%	0.07%
	BK	A	0.22%	0.16%	0.16%
	BKNG	A	0.04%	0.47%	0.04%
	BKR	B	0.15%	0.12%	0.12%
	BLK	C	0.58%	0.42%	0.42%
	BMY	B	0.45%	0.32%	0.32%
	BR	A	0.01%	0.07%	0.01%
	BSX	B	0.49%	0.35%	0.35%
	BXP	D	0.05%	0.03%	0.03%
	CAT	B	0.63%	0.51%	0.51%
	CB	C	0.46%	0.3%	0.3%
	CBOE	B	0.09%	0.06%	0.06%
	CBRE	B	0.16%	0.11%	0.11%
	CCI	D	0.19%	0.12%	0.12%
	CCK	C	0.04%	0.03%	0.03%
	CEG	D	0.28%	0.19%	0.19%
	CG	A	0.04%	0.03%	0.03%
	CHD	B	0.1%	0.07%	0.07%
	CHTR	C	0.12%	0.1%	0.1%
	CL	D	0.14%	0.19%	0.14%
	CMCSA	B	0.67%	0.46%	0.46%
	CME	A	0.32%	0.22%	0.22%
	CMI	A	0.18%	0.13%	0.13%
	COP	C	0.51%	0.36%	0.36%
	CPB	D	0.04%	0.02%	0.02%
	CPRT	A	0.01%	0.13%	0.01%
	CRL	C	0.04%	0.03%	0.03%
	CRM	B	0.17%	0.86%	0.17%
	CSCO	B	0.89%	0.63%	0.63%
	CSL	C	0.07%	0.06%	0.06%
	CSX	B	0.26%	0.19%	0.19%
	CTAS	B	0.01%	0.21%	0.01%
	CTLT	B	0.04%	0.03%	0.03%
	CTSH	B	0.15%	0.11%	0.11%
	CTVA	C	0.17%	0.11%	0.11%
	CVS	D	0.29%	0.19%	0.19%
	CVX	A	1.03%	0.76%	0.76%
	D	C	0.2%	0.13%	0.13%
	DAY	B	0.04%	0.03%	0.03%
	DD	D	0.14%	0.09%	0.09%
	DE	A	0.41%	0.28%	0.28%
	DELL	C	0.11%	0.1%	0.1%
	DFS	B	0.15%	0.12%	0.12%
	DHR	F	0.63%	0.44%	0.44%
	DIS	B	0.71%	0.54%	0.54%
	DLR	B	0.23%	0.15%	0.15%
	DOC	D	0.06%	0.04%	0.04%
	DOV	A	0.1%	0.08%	0.08%
	DUK	C	0.36%	0.23%	0.23%
	EBAY	D	0.12%	0.09%	0.09%
	ECL	D	0.03%	0.17%	0.03%
	ED	D	0.14%	0.09%	0.09%
	EFX	F	0.1%	0.09%	0.09%
	EL	F	0.04%	0.04%	0.04%
	EMR	A	0.25%	0.2%	0.2%
	EOG	A	0.28%	0.21%	0.21%
	EQIX	A	0.33%	0.23%	0.23%
	EQR	B	0.11%	0.07%	0.07%
	ES	D	0.09%	0.06%	0.06%
	ETN	A	0.53%	0.39%	0.39%
	EW	C	0.13%	0.11%	0.11%
	EXC	C	0.16%	0.1%	0.1%
	EXPD	D	0.06%	0.05%	0.05%
	F	C	0.16%	0.12%	0.12%
	FANG	D	0.13%	0.09%	0.09%
	FCX	D	0.26%	0.17%	0.17%
	FDS	B	0.04%	0.05%	0.04%
	FDX	B	0.25%	0.19%	0.19%
	FI	A	0.31%	0.33%	0.31%
	FIS	C	0.2%	0.14%	0.14%
	FSLR	F	0.08%	0.05%	0.05%
	FTNT	C	0.04%	0.16%	0.04%
	FTV	C	0.1%	0.07%	0.07%
	GEN	B	0.06%	0.05%	0.05%
	GGG	B	0.05%	0.04%	0.04%
	GILD	C	0.44%	0.31%	0.31%
	GIS	D	0.15%	0.1%	0.1%
	GM	B	0.23%	0.18%	0.18%
	GPN	B	0.11%	0.08%	0.08%
	GRMN	B	0.12%	0.09%	0.09%
	GS	A	0.48%	0.51%	0.48%
	H	B	0.02%	0.02%	0.02%
	HD	A	0.32%	1.08%	0.32%
	HES	B	0.05%	0.11%	0.05%
	HIG	B	0.13%	0.1%	0.1%
	HLT	A	0.11%	0.17%	0.11%
	HPE	B	0.1%	0.07%	0.07%
	HSY	F	0.09%	0.07%	0.07%
	HUBB	B	0.09%	0.06%	0.06%
	HUM	C	0.12%	0.09%	0.09%
	IBM	C	0.76%	0.51%	0.51%
	ICE	C	0.35%	0.24%	0.24%
	IEX	B	0.07%	0.05%	0.05%
	ILMN	D	0.09%	0.06%	0.06%
	INCY	C	0.04%	0.04%	0.04%
	INTC	D	0.37%	0.29%	0.29%
	IQV	D	0.13%	0.1%	0.1%
	ITW	B	0.19%	0.22%	0.19%
	JBHT	C	0.06%	0.04%	0.04%
	JCI	C	0.17%	0.16%	0.16%
	JKHY	D	0.05%	0.03%	0.03%
	JNJ	D	1.54%	0.98%	0.98%
	JPM	A	2.55%	1.87%	1.87%
	K	A	0.08%	0.06%	0.06%
	KDP	D	0.15%	0.1%	0.1%
	KIM	A	0.06%	0.04%	0.04%
	KMB	D	0.11%	0.12%	0.11%
	KMI	A	0.19%	0.15%	0.15%
	KO	D	0.43%	0.69%	0.43%
	LH	C	0.08%	0.05%	0.05%
	LIN	D	0.88%	0.59%	0.59%
	LNT	A	0.06%	0.04%	0.04%
	MAR	B	0.24%	0.19%	0.19%
	MCD	D	0.79%	0.58%	0.58%
	MCK	B	0.15%	0.22%	0.15%
	MDLZ	F	0.37%	0.24%	0.24%
	MGM	D	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.05%	0.05%
	MLM	B	0.14%	0.1%	0.1%
	MMC	B	0.37%	0.29%	0.29%
	MMM	D	0.23%	0.2%	0.2%
	MNST	C	0.03%	0.12%	0.03%
	MRO	B	0.06%	0.05%	0.05%
	MS	A	0.51%	0.44%	0.44%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.11%	0.07%	0.07%
	NDAQ	A	0.12%	0.09%	0.09%
	NEE	D	0.65%	0.41%	0.41%
	NEM	D	0.21%	0.13%	0.13%
	NKE	D	0.14%	0.25%	0.14%
	NSC	B	0.23%	0.16%	0.16%
	NTRS	A	0.08%	0.06%	0.06%
	NUE	C	0.14%	0.09%	0.09%
	O	D	0.21%	0.13%	0.13%
	OC	A	0.06%	0.04%	0.04%
	OKE	A	0.23%	0.17%	0.17%
	OKTA	C	0.03%	0.03%	0.03%
	OXY	D	0.13%	0.09%	0.09%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	C	0.11%	0.13%	0.11%
	PCAR	B	0.21%	0.16%	0.16%
	PEG	A	0.18%	0.12%	0.12%
	PEP	F	0.19%	0.61%	0.19%
	PFE	D	0.64%	0.4%	0.4%
	PG	A	1.21%	1.06%	1.06%
	PGR	A	0.09%	0.41%	0.09%
	PLD	D	0.42%	0.29%	0.29%
	PNR	A	0.07%	0.05%	0.05%
	PPG	F	0.12%	0.08%	0.08%
	PTC	A	0.03%	0.06%	0.03%
	PWR	A	0.12%	0.13%	0.12%
	PYPL	B	0.32%	0.23%	0.23%
	QCOM	F	0.05%	0.49%	0.05%
	REG	B	0.05%	0.03%	0.03%
	REGN	F	0.32%	0.22%	0.22%
	ROK	B	0.11%	0.09%	0.09%
	ROP	B	0.23%	0.16%	0.16%
	RPM	A	0.05%	0.05%	0.05%
	RSG	A	0.16%	0.12%	0.12%
	RVTY	F	0.06%	0.04%	0.04%
	SBUX	A	0.1%	0.3%	0.1%
	SCHW	B	0.38%	0.32%	0.32%
	SHW	A	0.03%	0.26%	0.03%
	SLB	C	0.23%	0.17%	0.17%
	SO	D	0.4%	0.26%	0.26%
	SPG	B	0.16%	0.16%	0.16%
	SPGI	C	0.6%	0.44%	0.44%
	SQ	B	0.09%	0.12%	0.09%
	SRE	A	0.21%	0.16%	0.16%
	STLD	B	0.08%	0.06%	0.06%
	STT	A	0.11%	0.08%	0.08%
	STZ	D	0.15%	0.11%	0.11%
	T	A	0.65%	0.43%	0.43%
	TAP	C	0.04%	0.03%	0.03%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.28%	0.19%	0.19%
	TMO	F	0.84%	0.55%	0.55%
	TMUS	B	0.43%	0.34%	0.34%
	TRMB	B	0.06%	0.05%	0.05%
	TROW	B	0.1%	0.07%	0.07%
	TRU	D	0.07%	0.05%	0.05%
	TRV	B	0.22%	0.16%	0.16%
	TT	A	0.22%	0.25%	0.22%
	TW	A	0.04%	0.04%	0.04%
	TWLO	A	0.04%	0.05%	0.04%
	TXN	C	0.65%	0.5%	0.5%
	ULTA	F	0.01%	0.05%	0.01%
	UNH	C	1.94%	1.47%	1.47%
	UNP	C	0.3%	0.39%	0.3%
	UPS	C	0.39%	0.26%	0.26%
	USB	A	0.3%	0.21%	0.21%
	VICI	C	0.13%	0.09%	0.09%
	VRTX	F	0.25%	0.34%	0.25%
	VZ	C	0.71%	0.46%	0.46%
	WAB	B	0.13%	0.09%	0.09%
	WAT	B	0.03%	0.06%	0.03%
	WELL	A	0.33%	0.22%	0.22%
	WFC	A	0.91%	0.69%	0.69%
	WMT	A	1.42%	1.01%	1.01%
	WRB	A	0.07%	0.05%	0.05%
	WSM	B	0.03%	0.04%	0.03%
	WST	C	0.04%	0.07%	0.04%
	WTRG	B	0.04%	0.03%	0.03%
	WTW	B	0.12%	0.08%	0.08%
	WY	D	0.09%	0.06%	0.06%
	WYNN	D	0.04%	0.03%	0.03%
	XEL	A	0.15%	0.1%	0.1%
	XOM	B	2.1%	1.46%	1.46%
	XYL	D	0.12%	0.08%	0.08%
	YUM	B	0.09%	0.1%	0.09%
	ZBH	C	0.09%	0.06%	0.06%
	ZTS	D	0.06%	0.21%	0.06%

VONV Overweight 603 Positions Relative to USCA

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	PM	B	0.83%
	RTX	C	0.64%
	LOW	D	0.6%
	GE	D	0.59%
	C	A	0.49%
	MDT	D	0.46%
	HON	B	0.45%
	MU	D	0.44%
	MO	A	0.37%
	SYK	C	0.36%
	BA	F	0.34%
	GEV	B	0.33%
	ELV	F	0.32%
	LMT	D	0.32%
	GD	F	0.32%
	CI	F	0.32%
	PH	A	0.32%
	PNC	B	0.3%
	APD	A	0.28%
	NOC	D	0.28%
	KKR	A	0.27%
	BDX	F	0.27%
	COF	B	0.25%
	MRVL	B	0.25%
	WMB	A	0.25%
	TDG	D	0.23%
	TFC	A	0.23%
	AFL	B	0.23%
	MPC	D	0.21%
	TJX	A	0.21%
	CARR	D	0.2%
	DHI	D	0.2%
	PSX	C	0.2%
	HCA	F	0.2%
	LHX	C	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PSA	D	0.18%
	MET	A	0.18%
	ALL	A	0.17%
	VLO	C	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	MCHP	D	0.16%
	OTIS	C	0.16%
	EA	A	0.16%
	LEN	D	0.16%
	URI	B	0.16%
	GLW	B	0.15%
	DAL	C	0.15%
	KR	B	0.15%
	HWM	A	0.15%
	IR	B	0.15%
	EXR	D	0.14%
	DOW	F	0.14%
	GEHC	F	0.14%
	ROST	C	0.14%
	MSTR	C	0.14%
	EIX	B	0.13%
	RCL	A	0.13%
	MTB	A	0.13%
	CNC	D	0.13%
	ETR	B	0.13%
	APH	A	0.13%
	CSGP	D	0.12%
	KHC	F	0.12%
	FITB	A	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	ADM	D	0.11%
	HPQ	B	0.11%
	VTR	C	0.11%
	SW	A	0.11%
	PHM	D	0.11%
	VMC	B	0.11%
	TTWO	A	0.11%
	RJF	A	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	DVN	F	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	LDOS	C	0.1%
	IFF	D	0.1%
	UAL	A	0.1%
	RMD	C	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	KEYS	A	0.1%
	WDC	D	0.09%
	LNG	B	0.09%
	CINF	A	0.09%
	SYF	B	0.09%
	STE	F	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	HBAN	A	0.09%
	LYB	F	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	PFG	D	0.08%
	CFG	B	0.08%
	INVH	D	0.08%
	IP	B	0.08%
	BBY	D	0.08%
	OMC	C	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	EQT	B	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	TDY	B	0.08%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	WSO	A	0.07%
	TSN	B	0.07%
	SNA	A	0.07%
	DGX	A	0.07%
	CVNA	B	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%
	LUV	C	0.07%
	HOLX	D	0.07%
	MSCI	C	0.07%
	BLDR	D	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	CAG	D	0.06%
	UDR	B	0.06%
	RGA	A	0.06%
	VLTO	D	0.06%
	BRO	B	0.06%
	VRSN	F	0.06%
	SWKS	F	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	SYY	B	0.06%
	SWK	D	0.06%
	THC	D	0.06%
	TOL	B	0.06%
	CF	B	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	ZBRA	B	0.06%
	IRM	D	0.06%
	APTV	D	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	NI	A	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	AMCR	D	0.06%
	IBKR	A	0.06%
	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%
	CASY	A	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%
	JBL	B	0.05%
	BMRN	D	0.05%
	EME	C	0.05%
	CDW	F	0.05%
	JNPR	F	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	NTAP	C	0.05%
	CW	B	0.05%
	RNR	C	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	FFIV	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%
	HRL	D	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	DRI	B	0.04%
	LAD	A	0.04%
	AOS	F	0.04%
	FRT	B	0.04%
	CIEN	B	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	EVR	B	0.04%
	PRI	A	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	FOXA	B	0.04%
	SOFI	A	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	CE	F	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	KMX	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	CAH	B	0.04%
	NTNX	A	0.04%
	TPR	B	0.04%
	RRX	B	0.04%
	IPG	D	0.04%
	NRG	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%
	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%
	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%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	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%
	ROKU	D	0.03%
	FND	C	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	MOH	F	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%
	PR	B	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	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%
	HII	D	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%
	LW	C	0.03%
	BWA	D	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%
	RL	B	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%
	FMC	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%
	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%
	MOS	F	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	CZR	F	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%
	TYL	B	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%
	AZO	C	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	0.02%
	AMP	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%
	GNRC	B	0.02%
	SEE	C	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%
	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%
	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%
	BEN	C	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%
	GWW	B	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%
	TER	D	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%
	LEN	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%
	NWS	B	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%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 54 Positions Relative to USCA

	Symbol	Grade	Weight
	NVDA	C	-6.73%
	AAPL	C	-5.22%
	AMZN	C	-5.12%
	MSFT	F	-4.41%
	META	D	-3.41%
	TSLA	B	-2.41%
	GOOGL	C	-2.33%
	AVGO	D	-2.03%
	GOOG	C	-2.02%
	LLY	F	-1.71%
	V	A	-1.31%
	MA	C	-1.16%
	NFLX	A	-0.97%
	ORCL	B	-0.83%
	MRK	F	-0.67%
	ADBE	C	-0.64%
	NOW	A	-0.57%
	INTU	C	-0.53%
	UBER	D	-0.36%
	BX	A	-0.35%
	PANW	C	-0.34%
	PLTR	B	-0.32%
	WM	A	-0.24%
	AMT	D	-0.24%
	SNPS	B	-0.23%
	MELI	D	-0.23%
	CDNS	B	-0.23%
	CMG	B	-0.22%
	MCO	B	-0.21%
	CRWD	B	-0.21%
	ADSK	A	-0.18%
	ABNB	C	-0.16%
	WDAY	B	-0.15%
	WCN	A	-0.13%
	ODFL	B	-0.12%
	TEAM	A	-0.11%
	VRSK	A	-0.11%
	IT	C	-0.11%
	IDXX	F	-0.1%
	HUBS	A	-0.1%
	LULU	C	-0.1%
	SNOW	C	-0.1%
	DECK	A	-0.07%
	NET	B	-0.07%
	CLX	B	-0.06%
	BAH	F	-0.06%
	MANH	D	-0.05%
	PINS	D	-0.05%
	LVS	C	-0.05%
	ZS	C	-0.05%
	LII	A	-0.05%
	SNAP	C	-0.03%
	BSY	D	-0.02%
	DVA	B	-0.02%

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

USCA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Drug Manufacturers - Major Asset Management Utilities - Regulated Electric Capital Markets Semiconductors Household & Personal Products Internet Content & Information Oil & Gas E&P Software - Infrastructure Specialty Chemicals Credit Services Specialty Retail Beverages - Soft Drinks Financial Data & Stock Exchanges Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Natural Gas Computing Insurance Chemical Electricity Work From Home Electronics Mining Telecommunications Real Estate Investment Trust Software Beverage Mobile Devices Software As A Service Disease Medicine Oil And Gas