VONV vs. VCSH ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Short-Term Corporate Bond ETF (VCSH)

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 1000Â® 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

$82.57

Average Daily Volume

320,155

Number of Holdings ^*

839

* may have additional holdings in another (foreign) market

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$79.08

Average Daily Volume

3,261,302

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VCSH
30 Days	0.50%	0.80%
60 Days	6.01%	1.41%
90 Days	8.85%	3.13%
12 Months	29.17%	9.91%

361 Overlapping Holdings

Symbol	Grade	Weight in VONV	Weight in VCSH	Overlap
A	B	0.17%	0.02%	0.02%
ABBV	A	0.79%	0.02%	0.02%
ABT	C	0.79%	0.02%	0.02%
ADI	C	0.47%	0.02%	0.02%
ADM	F	0.12%	0.05%	0.05%
ADP	A	0.03%	0.05%	0.03%
AEE	A	0.09%	0.01%	0.01%
AEP	C	0.21%	0.01%	0.01%
AES	C	0.05%	0.02%	0.02%
AFG	B	0.04%	0.02%	0.02%
AFL	A	0.25%	0.02%	0.02%
AGR	B	0.01%	0.03%	0.01%
AIG	F	0.21%	0.06%	0.06%
AIZ	B	0.04%	0.02%	0.02%
AL	D	0.02%	0.02%	0.02%
ALB	D	0.04%	0.02%	0.02%
ALL	C	0.17%	0.01%	0.01%
ALLE	A	0.05%	0.02%	0.02%
ALLY	F	0.04%	0.01%	0.01%
AMAT	B	0.05%	0.03%	0.03%
AMD	B	0.33%	0.01%	0.01%
AMG	B	0.02%	0.01%	0.01%
AMGN	D	0.16%	0.01%	0.01%
AMP	A	0.02%	0.01%	0.01%
AN	D	0.02%	0.02%	0.02%
AON	B	0.27%	0.01%	0.01%
APD	C	0.25%	0.01%	0.01%
APH	D	0.13%	0.02%	0.02%
APTV	D	0.08%	0.03%	0.03%
ARE	D	0.08%	0.01%	0.01%
ARW	C	0.03%	0.01%	0.01%
ATO	A	0.08%	0.03%	0.03%
AVB	C	0.13%	0.01%	0.01%
AVT	C	0.02%	0.01%	0.01%
AWK	C	0.11%	0.01%	0.01%
AXP	B	0.37%	0.03%	0.03%
AZO	D	0.02%	0.01%	0.01%
BA	F	0.34%	0.01%	0.01%
BAC	D	1.11%	0.01%	0.01%
BAX	D	0.08%	0.03%	0.03%
BC	D	0.02%	0.02%	0.02%
BDX	C	0.28%	0.02%	0.02%
BEN	F	0.02%	0.02%	0.02%
BERY	C	0.03%	0.03%	0.03%
BG	F	0.06%	0.03%	0.03%
BIIB	F	0.12%	0.08%	0.08%
BK	C	0.2%	0.01%	0.01%
BKNG	C	0.03%	0.02%	0.02%
BLK	A	0.53%	0.05%	0.05%
BMY	B	0.41%	0.02%	0.02%
BR	B	0.01%	0.02%	0.01%
BRO	A	0.06%	0.02%	0.02%
BRX	C	0.03%	0.02%	0.02%
BSX	A	0.48%	0.01%	0.01%
BWA	C	0.03%	0.02%	0.02%
BXP	C	0.05%	0.03%	0.03%
C	C	0.48%	0.02%	0.02%
CACC	F	0.0%	0.01%	0.0%
CACC	F	0.01%	0.01%	0.01%
CAG	D	0.06%	0.01%	0.01%
CAH	B	0.04%	0.02%	0.02%
CARR	A	0.2%	0.09%	0.09%
CAT	A	0.6%	0.02%	0.02%
CB	B	0.46%	0.03%	0.03%
CCI	C	0.2%	0.02%	0.02%
CE	C	0.04%	0.02%	0.02%
CF	A	0.06%	0.02%	0.02%
CFG	D	0.08%	0.01%	0.01%
CHD	D	0.1%	0.01%	0.01%
CHTR	D	0.13%	0.07%	0.07%
CI	D	0.37%	0.01%	0.01%
CL	D	0.16%	0.01%	0.01%
CMA	C	0.03%	0.01%	0.01%
CMCSA	C	0.62%	0.03%	0.03%
CMI	A	0.17%	0.02%	0.02%
CMS	A	0.08%	0.01%	0.01%
CNA	D	0.0%	0.02%	0.0%
CNH	D	0.04%	0.02%	0.02%
CNP	B	0.07%	0.01%	0.01%
COF	C	0.22%	0.01%	0.01%
COKE	C	0.03%	0.02%	0.02%
COP	D	0.54%	0.01%	0.01%
CPB	D	0.04%	0.02%	0.02%
CPT	C	0.05%	0.02%	0.02%
CRM	B	0.14%	0.05%	0.05%
CSCO	A	0.82%	0.02%	0.02%
CSL	A	0.07%	0.01%	0.01%
CSX	D	0.27%	0.02%	0.02%
CTVA	A	0.16%	0.02%	0.02%
CUBE	C	0.05%	0.01%	0.01%
CVS	C	0.29%	0.02%	0.02%
CVX	B	1.02%	0.02%	0.02%
D	A	0.19%	0.01%	0.01%
DAL	C	0.11%	0.01%	0.01%
DD	C	0.14%	0.08%	0.08%
DE	B	0.39%	0.01%	0.01%
DELL	C	0.1%	0.01%	0.01%
DFS	C	0.14%	0.01%	0.01%
DG	F	0.07%	0.01%	0.01%
DGX	C	0.07%	0.02%	0.02%
DHI	C	0.22%	0.01%	0.01%
DHR	D	0.72%	0.02%	0.02%
DIS	D	0.67%	0.03%	0.03%
DLR	C	0.2%	0.03%	0.03%
DLTR	F	0.07%	0.05%	0.05%
DOC	C	0.06%	0.02%	0.02%
DOV	B	0.1%	0.02%	0.02%
DOW	B	0.15%	0.01%	0.01%
DTE	A	0.1%	0.01%	0.01%
DUK	B	0.35%	0.01%	0.01%
DVN	F	0.11%	0.02%	0.02%
DXC	B	0.02%	0.03%	0.02%
EA	D	0.16%	0.02%	0.02%
EBAY	A	0.12%	0.03%	0.03%
ED	A	0.14%	0.01%	0.01%
EFX	C	0.12%	0.02%	0.02%
EIX	B	0.13%	0.01%	0.01%
EL	D	0.05%	0.03%	0.03%
EMN	C	0.05%	0.03%	0.03%
EMR	B	0.24%	0.01%	0.01%
EOG	B	0.3%	0.02%	0.02%
EPR	C	0.01%	0.01%	0.01%
EQIX	C	0.3%	0.02%	0.02%
EQR	C	0.11%	0.02%	0.02%
ES	D	0.1%	0.01%	0.01%
ESS	D	0.08%	0.01%	0.01%
ETN	C	0.49%	0.07%	0.07%
ETR	A	0.1%	0.01%	0.01%
EVRG	C	0.05%	0.01%	0.01%
EXC	A	0.15%	0.01%	0.01%
FAF	C	0.03%	0.01%	0.01%
FANG	C	0.14%	0.02%	0.02%
FDX	D	0.27%	0.03%	0.03%
FE	C	0.1%	0.01%	0.01%
FHN	D	0.04%	0.01%	0.01%
FIS	B	0.19%	0.03%	0.03%
FITB	C	0.12%	0.03%	0.03%
FLS	A	0.03%	0.01%	0.01%
FMC	C	0.03%	0.01%	0.01%
FNB	D	0.02%	0.01%	0.01%
FOXA	A	0.04%	0.04%	0.04%
FRT	D	0.04%	0.02%	0.02%
FTNT	B	0.04%	0.02%	0.02%
FTV	C	0.1%	0.04%	0.04%
G	A	0.03%	0.01%	0.01%
GD	C	0.33%	0.02%	0.02%
GE	C	0.6%	0.01%	0.01%
GILD	A	0.4%	0.04%	0.04%
GIS	C	0.16%	0.03%	0.03%
GLPI	A	0.05%	0.03%	0.03%
GM	D	0.23%	0.02%	0.02%
GPN	F	0.11%	0.03%	0.03%
GS	D	0.47%	0.01%	0.01%
GWW	B	0.02%	0.02%	0.02%
GXO	D	0.02%	0.02%	0.02%
H	C	0.02%	0.01%	0.01%
HAL	D	0.11%	0.03%	0.03%
HAS	A	0.0%	0.03%	0.0%
HBAN	D	0.09%	0.01%	0.01%
HCA	C	0.23%	0.06%	0.06%
HD	A	0.3%	0.01%	0.01%
HES	C	0.05%	0.01%	0.01%
HII	F	0.04%	0.01%	0.01%
HIW	C	0.01%	0.01%	0.01%
HOG	D	0.02%	0.02%	0.02%
HON	C	0.46%	0.01%	0.01%
HPE	B	0.1%	0.03%	0.03%
HPQ	C	0.11%	0.05%	0.05%
HRB	C	0.03%	0.02%	0.02%
HRL	F	0.04%	0.03%	0.03%
HST	D	0.05%	0.02%	0.02%
HSY	F	0.1%	0.01%	0.01%
HUBB	B	0.09%	0.01%	0.01%
HUM	F	0.17%	0.02%	0.02%
IBM	A	0.74%	0.02%	0.02%
ICE	A	0.37%	0.02%	0.02%
IFF	C	0.11%	0.01%	0.01%
ILMN	B	0.08%	0.02%	0.02%
INTC	D	0.38%	0.03%	0.03%
IP	C	0.07%	0.02%	0.02%
IPG	D	0.05%	0.01%	0.01%
ITW	B	0.19%	0.04%	0.04%
IVZ	B	0.03%	0.02%	0.02%
JBHT	D	0.06%	0.03%	0.03%
JBL	C	0.05%	0.01%	0.01%
JCI	C	0.17%	0.02%	0.02%
JEF	A	0.03%	0.03%	0.03%
JHG	B	0.02%	0.01%	0.01%
JNJ	D	1.61%	0.02%	0.02%
JNPR	B	0.05%	0.03%	0.03%
JPM	D	2.59%	0.01%	0.01%
K	A	0.08%	0.02%	0.02%
KDP	C	0.16%	0.02%	0.02%
KEY	C	0.06%	0.01%	0.01%
KEYS	C	0.11%	0.02%	0.02%
KIM	C	0.06%	0.01%	0.01%
KMB	D	0.11%	0.01%	0.01%
KMI	A	0.17%	0.02%	0.02%
KMPR	D	0.02%	0.02%	0.02%
KO	C	0.48%	0.06%	0.06%
KR	C	0.14%	0.02%	0.02%
KRC	C	0.02%	0.01%	0.01%
KSS	D	0.01%	0.01%	0.01%
L	D	0.06%	0.02%	0.02%
LDOS	A	0.09%	0.02%	0.02%
LEG	D	0.01%	0.01%	0.01%
LEN	B	0.01%	0.01%	0.01%
LEN	B	0.18%	0.01%	0.01%
LHX	A	0.18%	0.02%	0.02%
LIN	B	0.92%	0.02%	0.02%
LMT	A	0.33%	0.05%	0.05%
LNC	D	0.02%	0.01%	0.01%
LNT	A	0.06%	0.02%	0.02%
LOW	A	0.57%	0.01%	0.01%
LUV	B	0.07%	0.01%	0.01%
LYB	F	0.1%	0.02%	0.02%
MAA	D	0.08%	0.01%	0.01%
MAR	B	0.22%	0.01%	0.01%
MCD	A	0.78%	0.01%	0.01%
MCHP	F	0.17%	0.01%	0.01%
MCK	F	0.17%	0.01%	0.01%
MDLZ	D	0.39%	0.01%	0.01%
MDT	C	0.47%	0.08%	0.08%
MET	B	0.19%	0.02%	0.02%
MHK	B	0.03%	0.03%	0.03%
MKC	C	0.08%	0.02%	0.02%
MLM	F	0.12%	0.01%	0.01%
MMC	D	0.39%	0.01%	0.01%
MMM	C	0.24%	0.01%	0.01%
MO	D	0.37%	0.01%	0.01%
MOS	F	0.04%	0.03%	0.03%
MPC	C	0.25%	0.03%	0.03%
MRVL	B	0.24%	0.02%	0.02%
MS	B	0.45%	0.03%	0.03%
MSI	A	0.15%	0.03%	0.03%
MTB	C	0.11%	0.02%	0.02%
MU	D	0.43%	0.03%	0.03%
NDAQ	B	0.12%	0.01%	0.01%
NEE	A	0.66%	0.01%	0.01%
NEM	C	0.25%	0.01%	0.01%
NEU	F	0.02%	0.01%	0.01%
NFG	A	0.02%	0.01%	0.01%
NI	A	0.06%	0.05%	0.05%
NKE	D	0.15%	0.02%	0.02%
NNN	A	0.03%	0.02%	0.02%
NOC	B	0.29%	0.05%	0.05%
NSC	D	0.23%	0.01%	0.01%
NTAP	D	0.06%	0.02%	0.02%
NTRS	C	0.07%	0.04%	0.04%
NUE	C	0.15%	0.03%	0.03%
NVT	D	0.05%	0.01%	0.01%
O	A	0.21%	0.01%	0.01%
OC	C	0.06%	0.01%	0.01%
OHI	C	0.04%	0.02%	0.02%
OKE	A	0.22%	0.02%	0.02%
OMC	C	0.08%	0.06%	0.06%
ORI	B	0.04%	0.02%	0.02%
ORLY	A	0.02%	0.01%	0.01%
OTIS	A	0.15%	0.07%	0.07%
PCAR	C	0.2%	0.01%	0.01%
PCG	C	0.17%	0.01%	0.01%
PEG	A	0.16%	0.01%	0.01%
PEP	F	0.2%	0.02%	0.02%
PFE	D	0.66%	0.03%	0.03%
PFG	C	0.08%	0.01%	0.01%
PG	D	1.26%	0.01%	0.01%
PH	B	0.31%	0.02%	0.02%
PHM	A	0.11%	0.03%	0.03%
PKG	B	0.07%	0.01%	0.01%
PM	D	0.77%	0.02%	0.02%
PNC	C	0.29%	0.02%	0.02%
PNW	B	0.04%	0.01%	0.01%
PPG	D	0.12%	0.01%	0.01%
PPL	B	0.09%	0.01%	0.01%
PRU	C	0.17%	0.03%	0.03%
PSA	C	0.18%	0.02%	0.02%
PSX	D	0.24%	0.01%	0.01%
PVH	F	0.02%	0.03%	0.02%
PYPL	C	0.3%	0.03%	0.03%
QCOM	C	0.05%	0.04%	0.04%
R	C	0.03%	0.01%	0.01%
RF	C	0.09%	0.04%	0.04%
RGA	C	0.06%	0.01%	0.01%
RL	B	0.03%	0.02%	0.02%
RNR	A	0.05%	0.01%	0.01%
ROK	C	0.11%	0.01%	0.01%
ROP	C	0.24%	0.01%	0.01%
ROST	D	0.15%	0.02%	0.02%
RPM	B	0.05%	0.01%	0.01%
RPRX	D	0.05%	0.04%	0.04%
RS	D	0.07%	0.01%	0.01%
RSG	C	0.17%	0.01%	0.01%
RTX	A	0.66%	0.02%	0.02%
SBUX	C	0.1%	0.02%	0.02%
SCHW	D	0.35%	0.01%	0.01%
SF	A	0.04%	0.02%	0.02%
SHW	B	0.03%	0.02%	0.02%
SLB	D	0.25%	0.02%	0.02%
SNV	D	0.03%	0.01%	0.01%
SNX	D	0.04%	0.03%	0.03%
SO	A	0.38%	0.01%	0.01%
SPG	A	0.16%	0.02%	0.02%
SPGI	B	0.64%	0.03%	0.03%
SRE	B	0.21%	0.01%	0.01%
STLD	B	0.07%	0.02%	0.02%
STT	C	0.11%	0.03%	0.03%
STZ	D	0.15%	0.02%	0.02%
SWK	C	0.06%	0.03%	0.03%
SWKS	F	0.07%	0.03%	0.03%
SYF	B	0.08%	0.03%	0.03%
SYK	C	0.37%	0.01%	0.01%
SYY	C	0.06%	0.03%	0.03%
T	A	0.57%	0.01%	0.01%
TAP	D	0.04%	0.1%	0.04%
TDY	A	0.08%	0.02%	0.02%
TFC	D	0.24%	0.01%	0.01%
TGT	D	0.29%	0.05%	0.05%
THG	C	0.02%	0.02%	0.02%
TJX	D	0.22%	0.04%	0.04%
TKR	D	0.02%	0.01%	0.01%
TMO	D	0.94%	0.01%	0.01%
TMUS	A	0.39%	0.04%	0.04%
TRMB	B	0.06%	0.01%	0.01%
TSN	D	0.07%	0.01%	0.01%
TT	A	0.22%	0.02%	0.02%
TXN	C	0.69%	0.01%	0.01%
TXT	F	0.07%	0.01%	0.01%
UAL	B	0.06%	0.01%	0.01%
UDR	C	0.06%	0.01%	0.01%
UHS	D	0.06%	0.01%	0.01%
UNH	B	2.03%	0.01%	0.01%
UNM	A	0.04%	0.02%	0.02%
UNP	D	0.33%	0.01%	0.01%
UPS	D	0.38%	0.02%	0.02%
USB	D	0.3%	0.02%	0.02%
VFC	B	0.03%	0.04%	0.03%
VLO	F	0.19%	0.03%	0.03%
VMC	D	0.1%	0.01%	0.01%
VNO	B	0.02%	0.02%	0.02%
VNT	F	0.02%	0.02%	0.02%
VOYA	A	0.03%	0.02%	0.02%
VTR	C	0.1%	0.02%	0.02%
VTRS	D	0.06%	0.03%	0.03%
VZ	B	0.71%	0.06%	0.06%
WAB	A	0.12%	0.03%	0.03%
WAL	C	0.04%	0.03%	0.03%
WBA	F	0.03%	0.06%	0.03%
WEC	A	0.12%	0.02%	0.02%
WELL	C	0.29%	0.01%	0.01%
WFC	F	0.82%	0.01%	0.01%
WHR	C	0.02%	0.01%	0.01%
WLK	C	0.02%	0.04%	0.02%
WMB	A	0.22%	0.03%	0.03%
WMT	A	1.35%	0.02%	0.02%
WPC	C	0.05%	0.02%	0.02%
WU	D	0.01%	0.01%	0.01%
WY	C	0.09%	0.01%	0.01%
XEL	B	0.14%	0.01%	0.01%
XOM	A	2.12%	0.02%	0.02%
ZBH	F	0.09%	0.02%	0.02%
ZTS	C	0.06%	0.04%	0.04%

VONV Overweight 478 Positions Relative to VCSH

Symbol	Grade	Weight
BRK.A	C	3.5%
ACN	B	0.86%
PLD	D	0.47%
REGN	D	0.46%
ELV	F	0.44%
VRTX	D	0.26%
FCX	B	0.25%
AJG	D	0.24%
KKR	C	0.24%
TDG	B	0.24%
GEV	A	0.22%
CEG	A	0.21%
TRV	C	0.21%
F	D	0.18%
KVUE	C	0.17%
CNC	F	0.17%
CTSH	B	0.16%
AME	D	0.16%
IQV	F	0.16%
ACGL	A	0.16%
HWM	A	0.15%
IR	B	0.15%
EXR	C	0.15%
URI	C	0.15%
OXY	D	0.15%
EW	F	0.14%
HIG	B	0.14%
VICI	C	0.14%
BKR	B	0.14%
CBRE	B	0.14%
CSGP	F	0.13%
KHC	F	0.13%
GLW	C	0.13%
GEHC	C	0.13%
XYL	C	0.13%
ON	F	0.13%
WTW	C	0.12%
MTD	B	0.12%
HLT	B	0.11%
PAYX	A	0.11%
TTWO	F	0.11%
NVR	C	0.11%
PWR	B	0.11%
ANSS	D	0.11%
GRMN	D	0.11%
STE	D	0.1%
FSLR	C	0.1%
SBAC	C	0.1%
FCNCA	D	0.1%
MRNA	F	0.1%
RCL	C	0.1%
RMD	C	0.1%
SQ	D	0.09%
WDC	C	0.09%
BBY	C	0.09%
CBOE	B	0.09%
INVH	F	0.09%
RJF	B	0.09%
PGR	C	0.09%
TROW	D	0.09%
YUM	B	0.09%
HOLX	D	0.08%
MSCI	B	0.08%
J	F	0.08%
BLDR	B	0.08%
WBD	D	0.08%
MSTR	B	0.08%
BALL	C	0.08%
GPC	D	0.08%
LNG	A	0.08%
CINF	A	0.08%
MRO	C	0.07%
WSO	C	0.07%
AMCR	C	0.07%
CCL	C	0.07%
SUI	D	0.07%
ZM	C	0.07%
BMRN	F	0.07%
MAS	A	0.07%
AVTR	D	0.07%
TRU	A	0.07%
CTRA	D	0.07%
EQT	B	0.07%
WRB	C	0.07%
ZBRA	C	0.06%
GGG	C	0.06%
EG	B	0.06%
IRM	A	0.06%
NDSN	C	0.06%
EXPD	D	0.06%
PNR	B	0.06%
SNA	A	0.06%
VRSN	B	0.06%
TOL	A	0.06%
CDW	D	0.06%
APO	B	0.06%
VLTO	A	0.06%
FNF	B	0.06%
AKAM	D	0.06%
IEX	D	0.06%
MKL	D	0.06%
RBA	D	0.06%
UTHR	C	0.06%
THC	D	0.06%
SSNC	C	0.06%
INCY	B	0.05%
ITT	C	0.05%
BLD	D	0.05%
OVV	D	0.05%
TECH	D	0.05%
FTI	B	0.05%
TFX	C	0.05%
EWBC	D	0.05%
RIVN	F	0.05%
SJM	D	0.05%
FFIV	B	0.05%
CHRW	C	0.05%
CW	A	0.05%
SW	C	0.05%
DKS	D	0.05%
KMX	F	0.05%
JKHY	A	0.05%
CLH	C	0.05%
REG	C	0.05%
HOOD	C	0.05%
IBKR	A	0.05%
ELS	D	0.05%
AMH	D	0.05%
USFD	C	0.05%
ACM	A	0.05%
DCI	C	0.04%
TWLO	B	0.04%
CG	B	0.04%
EVR	C	0.04%
INGR	B	0.04%
NYT	C	0.04%
DRI	C	0.04%
SOLV	C	0.04%
EGP	D	0.04%
MKTX	B	0.04%
WST	D	0.04%
HSIC	D	0.04%
GPK	D	0.04%
PRI	A	0.04%
MGM	C	0.04%
CHRD	F	0.04%
EHC	B	0.04%
RGLD	C	0.04%
DPZ	D	0.04%
TPR	C	0.04%
ARMK	B	0.04%
TTC	D	0.04%
GL	C	0.04%
PFGC	A	0.04%
CHK	D	0.04%
WTRG	D	0.04%
MTCH	B	0.04%
WWD	C	0.04%
TTEK	A	0.04%
DOX	B	0.04%
AFRM	C	0.04%
AOS	B	0.04%
CRL	F	0.04%
QGEN	D	0.04%
ATR	A	0.04%
COHR	A	0.04%
APA	F	0.04%
CVNA	A	0.04%
FDS	C	0.04%
EPAM	F	0.04%
BJ	C	0.04%
CCK	C	0.04%
NRG	A	0.04%
CACI	A	0.04%
NWSA	D	0.04%
REXR	D	0.04%
NTNX	C	0.04%
CTLT	A	0.04%
EME	C	0.04%
LKQ	F	0.04%
AVY	D	0.04%
CASY	D	0.04%
RRX	C	0.04%
QRVO	F	0.04%
SCI	D	0.04%
GME	D	0.03%
PARA	F	0.03%
RHI	D	0.03%
FICO	A	0.03%
AAL	D	0.03%
WMS	D	0.03%
LSTR	F	0.03%
MAT	D	0.03%
BIO	B	0.03%
CGNX	F	0.03%
BPOP	D	0.03%
Z	C	0.03%
LEA	F	0.03%
PB	D	0.03%
CFR	D	0.03%
DAR	F	0.03%
LFUS	D	0.03%
GWRE	A	0.03%
SAIC	A	0.03%
OKTA	F	0.03%
XP	F	0.03%
MSA	F	0.03%
MTG	B	0.03%
EXAS	C	0.03%
SEIC	B	0.03%
BFAM	B	0.03%
BBWI	F	0.03%
SOFI	C	0.03%
KEX	C	0.03%
WSM	B	0.03%
SWN	D	0.03%
NOV	F	0.03%
SSD	B	0.03%
OSK	F	0.03%
PR	D	0.03%
JAZZ	F	0.03%
FYBR	C	0.03%
WTFC	C	0.03%
RRC	C	0.03%
MTZ	B	0.03%
AGNC	C	0.03%
CROX	C	0.03%
MNST	D	0.03%
ZION	D	0.03%
RGEN	F	0.03%
WCC	D	0.03%
WEX	C	0.03%
ADC	B	0.03%
GNTX	D	0.03%
WYNN	B	0.03%
ROKU	B	0.03%
BRBR	A	0.03%
HLI	B	0.03%
STAG	D	0.03%
ALGN	D	0.03%
ACHC	F	0.03%
BWXT	A	0.03%
FR	D	0.03%
MKSI	F	0.03%
MIDD	D	0.03%
FND	C	0.03%
MOH	F	0.03%
PNFP	D	0.03%
CRBG	C	0.03%
DAY	B	0.03%
ELAN	C	0.03%
CBSH	D	0.03%
DTM	A	0.03%
LECO	F	0.03%
CR	B	0.03%
ONTO	C	0.03%
CHE	C	0.03%
AR	B	0.03%
CRUS	D	0.03%
AYI	A	0.03%
ATI	C	0.03%
OGE	A	0.03%
DINO	D	0.03%
WAT	B	0.03%
AXTA	C	0.03%
FCN	C	0.03%
AA	B	0.03%
TKO	A	0.03%
APG	F	0.03%
WBS	D	0.03%
CZR	B	0.03%
ALSN	A	0.03%
GMED	D	0.03%
LAD	C	0.03%
LAMR	C	0.03%
KNX	D	0.03%
ACI	F	0.03%
COLD	D	0.03%
CIEN	A	0.03%
TW	A	0.03%
JLL	C	0.03%
PTC	D	0.03%
ECL	B	0.03%
KBR	B	0.03%
SKX	D	0.03%
X	F	0.03%
RBC	C	0.03%
TYL	B	0.02%
MSM	D	0.02%
LITE	A	0.02%
LSXMK	D	0.02%
W	D	0.02%
IAC	D	0.02%
PRGO	F	0.02%
SITE	D	0.02%
CPRI	B	0.02%
DOCS	A	0.02%
CLF	F	0.02%
BYD	C	0.02%
UHAL	B	0.02%
SAIA	D	0.02%
DLB	C	0.02%
BILL	D	0.02%
AGO	B	0.02%
M	F	0.02%
CUZ	C	0.02%
FRPT	C	0.02%
SLGN	C	0.02%
FLO	D	0.02%
DBX	B	0.02%
PSN	A	0.02%
PII	D	0.02%
CIVI	F	0.02%
OLED	C	0.02%
ASH	F	0.02%
GAP	F	0.02%
ALK	C	0.02%
S	D	0.02%
RYN	C	0.02%
GFS	F	0.02%
OZK	D	0.02%
WTM	C	0.02%
EEFT	F	0.02%
GNRC	B	0.02%
ZG	C	0.02%
SEE	D	0.02%
SLM	C	0.02%
WSC	D	0.02%
FOX	A	0.02%
SN	A	0.02%
IDA	D	0.02%
OLN	C	0.02%
MDU	C	0.02%
XRAY	D	0.02%
HXL	F	0.02%
COLB	C	0.02%
UGI	C	0.02%
KD	F	0.02%
THO	C	0.02%
OLLI	C	0.02%
SRCL	A	0.02%
LBRDK	B	0.02%
SON	D	0.02%
OMF	F	0.02%
WH	C	0.02%
AGCO	D	0.02%
DASH	C	0.02%
VMI	B	0.02%
POST	D	0.02%
OGN	F	0.02%
ST	F	0.02%
COIN	F	0.02%
ESAB	C	0.02%
RLI	A	0.02%
ESI	C	0.02%
LW	D	0.02%
MTSI	C	0.02%
FAST	C	0.02%
MTDR	F	0.02%
STWD	C	0.02%
AXS	A	0.02%
SNDR	C	0.01%
LYFT	D	0.01%
CERT	F	0.01%
WEN	D	0.01%
TRIP	F	0.01%
INFA	D	0.01%
MP	B	0.01%
UAA	B	0.01%
REYN	D	0.01%
BROS	F	0.01%
PPC	D	0.01%
AZEK	C	0.01%
GO	F	0.01%
ALGM	F	0.01%
VSTS	D	0.01%
FTRE	F	0.01%
TER	C	0.01%
LPX	C	0.01%
PSTG	F	0.01%
SHC	C	0.01%
IPGP	D	0.01%
SAM	C	0.01%
BIRK	F	0.01%
QS	F	0.01%
GLOB	C	0.01%
ADTN	C	0.01%
HAYW	C	0.01%
EXP	B	0.01%
RCM	B	0.01%
ETSY	F	0.01%
JWN	D	0.01%
ULTA	D	0.01%
HHH	C	0.01%
CRI	D	0.01%
BOKF	D	0.01%
YETI	C	0.01%
PINC	F	0.01%
MASI	B	0.01%
VIRT	B	0.01%
ENOV	F	0.01%
CWEN	C	0.01%
BRKR	D	0.01%
VAC	D	0.01%
MPW	C	0.01%
AAP	F	0.01%
CC	D	0.01%
COLM	D	0.01%
AZTA	F	0.01%
U	D	0.01%
RKT	D	0.01%
CNM	F	0.01%
SPB	C	0.01%
CLVT	D	0.01%
PENN	D	0.01%
IRDM	B	0.01%
BHF	F	0.01%
LOPE	D	0.01%
NWL	F	0.01%
SMG	B	0.01%
RH	C	0.01%
TNL	C	0.01%
PAYC	D	0.01%
ZI	D	0.01%
FHB	D	0.01%
AM	A	0.01%
AMED	D	0.01%
PAG	D	0.01%
NVST	D	0.01%
CPRT	C	0.01%
PK	D	0.01%
TPG	B	0.01%
PLNT	B	0.01%
NXST	F	0.01%
NWS	D	0.01%
NSA	C	0.01%
MAN	D	0.01%
CTAS	C	0.01%
MSGS	A	0.01%
LCID	D	0.01%
SPR	F	0.01%
CNXC	F	0.01%
HUN	C	0.01%
DNB	D	0.01%
AWI	A	0.01%
COTY	F	0.01%
ALNY	C	0.01%
AMKR	F	0.01%
GTES	C	0.01%
UHAL	B	0.0%
SEG	D	0.0%
UWMC	D	0.0%
NFE	F	0.0%
DJT	F	0.0%
UI	A	0.0%
IONS	F	0.0%
LBRDA	B	0.0%
PLTK	C	0.0%
CHH	C	0.0%
SIRI	C	0.0%
TFSL	F	0.0%
PATH	F	0.0%
HCP	A	0.0%
CWEN	C	0.0%
SEB	F	0.0%
TXG	F	0.0%
FIVE	D	0.0%
CAR	F	0.0%
LSCC	D	0.0%
PYCR	D	0.0%
NCNO	D	0.0%
DDS	D	0.0%
AMC	F	0.0%
MTN	D	0.0%
UA	B	0.0%
WOLF	F	0.0%
EXEL	B	0.0%
DV	F	0.0%

VONV Underweight 85 Positions Relative to VCSH

Symbol	Grade	Weight
V	C	-0.13%
STLA	F	-0.07%
COST	C	-0.06%
KLAC	B	-0.06%
VRSK	C	-0.05%
ORCL	C	-0.05%
WB	B	-0.04%
MA	A	-0.04%
ARCC	A	-0.04%
GSK	F	-0.04%
MRK	F	-0.04%
AZN	D	-0.04%
GOOGL	B	-0.04%
AMZN	C	-0.04%
MSFT	D	-0.04%
CME	A	-0.03%
JD	B	-0.03%
CNO	C	-0.03%
ADBE	F	-0.03%
EPD	A	-0.03%
MPLX	A	-0.03%
AER	D	-0.03%
AAPL	C	-0.03%
SKT	A	-0.02%
BKU	D	-0.02%
CDNS	D	-0.02%
GBDC	B	-0.02%
HP	F	-0.02%
INTU	F	-0.02%
EQH	C	-0.02%
SBRA	C	-0.02%
TSLX	C	-0.02%
WM	B	-0.02%
BKH	C	-0.02%
BABA	B	-0.02%
AWH	F	-0.02%
GSBD	D	-0.02%
LLY	D	-0.02%
OCSL	D	-0.02%
LAZ	C	-0.02%
LRCX	D	-0.02%
MCO	D	-0.02%
FLEX	C	-0.02%
EXPE	B	-0.02%
NXPI	F	-0.02%
FSK	A	-0.02%
WRK	C	-0.02%
NVDA	B	-0.02%
ET	A	-0.02%
CM	C	-0.02%
LVS	B	-0.02%
RY	C	-0.02%
TD	B	-0.02%
VLY	C	-0.01%
NYCB	D	-0.01%
SLG	C	-0.01%
BDN	A	-0.01%
BCSF	B	-0.01%
TME	B	-0.01%
SITC	D	-0.01%
TEL	D	-0.01%
BHP	B	-0.01%
CLX	C	-0.01%
GP	D	-0.01%
OGS	C	-0.01%
PSEC	C	-0.01%
SCCO	B	-0.01%
ADSK	C	-0.01%
MAIN	A	-0.01%
LII	C	-0.01%
PDM	C	-0.01%
OPI	F	-0.01%
CP	D	-0.01%
LH	D	-0.01%
BIDU	B	-0.01%
AMT	C	-0.01%
PAA	C	-0.01%
BNS	C	-0.01%
VOD	D	-0.01%
DB	C	-0.01%
AVGO	C	-0.01%
BMO	B	-0.01%
HSBC	A	-0.01%
NWG	D	-0.01%
MUFG	F	-0.01%