VONV vs. VFVA ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Wellington Fund ETF (VFVA)

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

$83.04

Average Daily Volume

318,011

Number of Holdings ^*

839

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.51

Average Daily Volume

26,055

Number of Holdings ^*

556

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VFVA
30 Days	3.44%	4.23%
60 Days	5.25%	2.18%
90 Days	8.24%	8.36%
12 Months	23.07%	22.78%

245 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in VFVA	Overlap
	AAL	D	0.03%	0.08%	0.03%
	AAP	F	0.01%	0.14%	0.01%
	ACGL	C	0.16%	0.2%	0.16%
	ADM	D	0.12%	0.44%	0.12%
	AFL	C	0.25%	0.1%	0.1%
	AGCO	D	0.02%	0.15%	0.02%
	AIG	D	0.21%	0.58%	0.21%
	AL	D	0.02%	0.53%	0.02%
	ALK	C	0.02%	0.21%	0.02%
	ALL	B	0.17%	0.19%	0.17%
	ALLY	F	0.04%	0.32%	0.04%
	ALSN	B	0.03%	0.14%	0.03%
	AMG	C	0.02%	0.2%	0.02%
	AMKR	F	0.01%	0.13%	0.01%
	APA	F	0.04%	0.05%	0.04%
	AR	F	0.03%	0.05%	0.03%
	ARW	C	0.03%	0.18%	0.03%
	AVT	C	0.02%	0.19%	0.02%
	AXS	B	0.02%	0.26%	0.02%
	AZO	D	0.02%	0.28%	0.02%
	BAC	D	1.11%	0.88%	0.88%
	BBWI	F	0.03%	0.2%	0.03%
	BC	C	0.02%	0.07%	0.02%
	BDX	D	0.28%	0.15%	0.15%
	BEN	F	0.02%	0.06%	0.02%
	BERY	B	0.03%	0.37%	0.03%
	BG	D	0.06%	0.26%	0.06%
	BHF	F	0.01%	0.24%	0.01%
	BK	B	0.2%	0.47%	0.2%
	BLDR	C	0.08%	0.06%	0.06%
	BMY	C	0.41%	0.76%	0.41%
	BOKF	B	0.01%	0.08%	0.01%
	BPOP	C	0.03%	0.07%	0.03%
	BWA	D	0.03%	0.19%	0.03%
	BYD	C	0.02%	0.18%	0.02%
	C	C	0.48%	0.84%	0.48%
	CAG	C	0.06%	0.28%	0.06%
	CAH	C	0.04%	0.34%	0.04%
	CB	B	0.46%	0.49%	0.46%
	CC	F	0.01%	0.03%	0.01%
	CE	F	0.04%	0.33%	0.04%
	CF	C	0.06%	0.11%	0.06%
	CFG	C	0.08%	0.18%	0.08%
	CFR	C	0.03%	0.03%	0.03%
	CG	D	0.04%	0.04%	0.04%
	CHRD	F	0.04%	0.26%	0.04%
	CI	C	0.37%	0.67%	0.37%
	CIVI	F	0.02%	0.18%	0.02%
	CLF	F	0.02%	0.2%	0.02%
	CMA	B	0.03%	0.14%	0.03%
	CMCSA	D	0.62%	0.98%	0.62%
	CNA	C	0.0%	0.09%	0.0%
	CNC	D	0.17%	0.17%	0.17%
	CNXC	F	0.01%	0.27%	0.01%
	COF	B	0.22%	0.69%	0.22%
	COHR	C	0.04%	0.11%	0.04%
	COLB	B	0.02%	0.29%	0.02%
	COP	D	0.54%	0.54%	0.54%
	CRBG	D	0.03%	0.02%	0.02%
	CROX	D	0.03%	0.07%	0.03%
	CSCO	C	0.82%	0.14%	0.14%
	CTRA	D	0.07%	0.24%	0.07%
	CVS	D	0.29%	1.02%	0.29%
	CVX	D	1.02%	0.77%	0.77%
	DAL	C	0.11%	0.21%	0.11%
	DAR	F	0.03%	0.19%	0.03%
	DBX	D	0.02%	0.09%	0.02%
	DE	B	0.39%	0.08%	0.08%
	DGX	B	0.07%	0.04%	0.04%
	DHI	B	0.22%	0.26%	0.22%
	DINO	F	0.03%	0.21%	0.03%
	DNB	C	0.01%	0.05%	0.01%
	DOW	D	0.15%	0.2%	0.15%
	DTM	B	0.03%	0.17%	0.03%
	DVN	F	0.11%	0.02%	0.02%
	DXC	C	0.02%	0.23%	0.02%
	EBAY	B	0.12%	0.04%	0.04%
	EG	C	0.06%	0.12%	0.06%
	ELAN	D	0.03%	0.15%	0.03%
	ELV	C	0.44%	0.08%	0.08%
	EMN	B	0.05%	0.09%	0.05%
	EOG	D	0.3%	0.65%	0.3%
	EQT	D	0.07%	0.11%	0.07%
	ESI	D	0.02%	0.03%	0.02%
	EWBC	D	0.05%	0.08%	0.05%
	F	F	0.18%	0.99%	0.18%
	FAF	B	0.03%	0.07%	0.03%
	FANG	D	0.14%	0.39%	0.14%
	FCNCA	D	0.1%	0.13%	0.1%
	FCX	D	0.25%	0.44%	0.25%
	FDX	C	0.27%	1.09%	0.27%
	FHN	D	0.04%	0.18%	0.04%
	FIS	B	0.19%	0.25%	0.19%
	FNB	C	0.02%	0.21%	0.02%
	FNF	B	0.06%	0.13%	0.06%
	FOX	B	0.02%	0.39%	0.02%
	GD	B	0.33%	0.28%	0.28%
	GILD	B	0.4%	0.58%	0.4%
	GIS	B	0.16%	0.19%	0.16%
	GL	C	0.04%	0.07%	0.04%
	GM	C	0.23%	1.11%	0.23%
	GPK	B	0.04%	0.06%	0.04%
	GPN	D	0.11%	0.02%	0.02%
	GS	C	0.47%	0.46%	0.46%
	GTES	C	0.01%	0.3%	0.01%
	HBAN	B	0.09%	0.07%	0.07%
	HCA	B	0.23%	0.69%	0.23%
	HIG	B	0.14%	0.07%	0.07%
	HII	D	0.04%	0.11%	0.04%
	HOG	C	0.02%	0.17%	0.02%
	HPE	D	0.1%	0.27%	0.1%
	HPQ	D	0.11%	0.5%	0.11%
	HRB	C	0.03%	0.17%	0.03%
	HUM	F	0.17%	0.27%	0.17%
	IBM	B	0.74%	0.16%	0.16%
	INGR	B	0.04%	0.16%	0.04%
	INTC	F	0.38%	0.25%	0.25%
	IP	B	0.07%	0.02%	0.02%
	IVZ	B	0.03%	0.18%	0.03%
	JAZZ	D	0.03%	0.16%	0.03%
	JEF	B	0.03%	0.23%	0.03%
	JHG	B	0.02%	0.07%	0.02%
	JLL	B	0.03%	0.14%	0.03%
	JNJ	C	1.61%	0.19%	0.19%
	JPM	D	2.59%	0.64%	0.64%
	KEY	B	0.06%	0.18%	0.06%
	KHC	C	0.13%	0.21%	0.13%
	KMI	B	0.17%	0.11%	0.11%
	KNX	C	0.03%	0.2%	0.03%
	KR	C	0.14%	0.22%	0.14%
	LEA	F	0.03%	0.16%	0.03%
	LEG	D	0.01%	0.21%	0.01%
	LEN	B	0.01%	0.21%	0.01%
	LEN	B	0.01%	0.26%	0.01%
	LEN	B	0.18%	0.26%	0.18%
	LEN	B	0.18%	0.21%	0.18%
	LKQ	F	0.04%	0.08%	0.04%
	LNC	D	0.02%	0.35%	0.02%
	LYB	D	0.1%	0.33%	0.1%
	M	F	0.02%	0.19%	0.02%
	MAN	C	0.01%	0.13%	0.01%
	MCK	F	0.17%	0.48%	0.17%
	MDT	C	0.47%	0.41%	0.41%
	MDU	C	0.02%	0.18%	0.02%
	MET	B	0.19%	0.49%	0.19%
	MHK	C	0.03%	0.4%	0.03%
	MKL	C	0.06%	0.04%	0.04%
	MMM	B	0.24%	0.06%	0.06%
	MO	C	0.37%	1.17%	0.37%
	MOS	F	0.04%	0.19%	0.04%
	MPC	F	0.25%	0.7%	0.25%
	MS	D	0.45%	0.34%	0.34%
	MTB	B	0.11%	0.18%	0.11%
	MTDR	F	0.02%	0.17%	0.02%
	MTG	B	0.03%	0.3%	0.03%
	NUE	F	0.15%	0.63%	0.15%
	NVST	D	0.01%	0.16%	0.01%
	NWL	C	0.01%	0.21%	0.01%
	NWSA	D	0.04%	0.18%	0.04%
	NXST	D	0.01%	0.06%	0.01%
	OC	D	0.06%	0.08%	0.06%
	OGN	D	0.02%	0.23%	0.02%
	OLN	D	0.02%	0.15%	0.02%
	OMF	D	0.02%	0.14%	0.02%
	ORI	B	0.04%	0.13%	0.04%
	OVV	F	0.05%	0.2%	0.05%
	OXY	F	0.15%	0.54%	0.15%
	OZK	D	0.02%	0.13%	0.02%
	PB	B	0.03%	0.17%	0.03%
	PCAR	D	0.2%	0.08%	0.08%
	PENN	D	0.01%	0.07%	0.01%
	PFE	C	0.66%	0.65%	0.65%
	PFG	B	0.08%	0.06%	0.06%
	PHM	B	0.11%	0.33%	0.11%
	PINC	C	0.01%	0.15%	0.01%
	PLTK	C	0.0%	0.15%	0.0%
	PM	C	0.77%	0.13%	0.13%
	PNC	B	0.29%	0.31%	0.29%
	PNFP	B	0.03%	0.1%	0.03%
	PPC	D	0.01%	0.05%	0.01%
	PR	F	0.03%	0.14%	0.03%
	PRGO	D	0.02%	0.2%	0.02%
	PRU	C	0.17%	0.45%	0.17%
	PSX	F	0.24%	0.86%	0.24%
	PVH	F	0.02%	0.17%	0.02%
	PYPL	B	0.3%	0.2%	0.2%
	QCOM	D	0.05%	0.07%	0.05%
	QRVO	F	0.04%	0.15%	0.04%
	R	A	0.03%	0.41%	0.03%
	RF	B	0.09%	0.11%	0.09%
	RGA	C	0.06%	0.05%	0.05%
	RJF	C	0.09%	0.09%	0.09%
	RNR	C	0.05%	0.14%	0.05%
	RPRX	C	0.05%	0.19%	0.05%
	RRC	D	0.03%	0.06%	0.03%
	RRX	C	0.04%	0.11%	0.04%
	RS	D	0.07%	0.02%	0.02%
	RTX	C	0.66%	0.13%	0.13%
	SAIC	C	0.03%	0.1%	0.03%
	SCHW	D	0.35%	0.12%	0.12%
	SEB	D	0.0%	0.17%	0.0%
	SF	A	0.04%	0.14%	0.04%
	SLB	F	0.25%	0.28%	0.25%
	SLM	D	0.02%	0.04%	0.02%
	SNDR	B	0.01%	0.16%	0.01%
	SNV	C	0.03%	0.24%	0.03%
	SNX	D	0.04%	0.19%	0.04%
	SON	C	0.02%	0.15%	0.02%
	SSNC	B	0.06%	0.07%	0.06%
	ST	D	0.02%	0.18%	0.02%
	STLD	F	0.07%	0.16%	0.07%
	STT	A	0.11%	0.02%	0.02%
	SYF	C	0.08%	0.4%	0.08%
	T	C	0.57%	1.09%	0.57%
	TAP	D	0.04%	0.3%	0.04%
	TFC	C	0.24%	0.83%	0.24%
	TGT	C	0.29%	0.12%	0.12%
	THG	B	0.02%	0.04%	0.02%
	TKR	D	0.02%	0.1%	0.02%
	TMUS	C	0.39%	0.29%	0.29%
	TNL	D	0.01%	0.23%	0.01%
	TOL	B	0.06%	0.16%	0.06%
	TPR	C	0.04%	0.04%	0.04%
	TRV	C	0.21%	0.47%	0.21%
	TXT	D	0.07%	0.1%	0.07%
	UA	D	0.0%	0.11%	0.0%
	UAL	C	0.06%	0.29%	0.06%
	UHAL	A	0.02%	0.21%	0.02%
	UHAL	A	0.0%	0.21%	0.0%
	UHS	B	0.06%	0.18%	0.06%
	UNM	B	0.04%	0.39%	0.04%
	USB	B	0.3%	0.69%	0.3%
	UTHR	C	0.06%	0.23%	0.06%
	VAC	F	0.01%	0.1%	0.01%
	VLO	F	0.19%	0.86%	0.19%
	VTRS	D	0.06%	0.23%	0.06%
	VZ	B	0.71%	0.99%	0.71%
	WAL	B	0.04%	0.15%	0.04%
	WBS	D	0.03%	0.25%	0.03%
	WCC	D	0.03%	0.15%	0.03%
	WFC	D	0.82%	0.74%	0.74%
	WMB	B	0.22%	0.36%	0.22%
	XOM	C	2.12%	0.68%	0.68%
	XRAY	D	0.02%	0.06%	0.02%
	ZION	D	0.03%	0.16%	0.03%

VONV Overweight 596 Positions Relative to VFVA

	Symbol	Grade	Weight
	BRK.A	C	3.5%
	UNH	C	2.03%
	WMT	C	1.35%
	PG	C	1.26%
	TMO	B	0.94%
	LIN	B	0.92%
	ACN	C	0.86%
	ABT	C	0.79%
	ABBV	C	0.79%
	MCD	B	0.78%
	DHR	B	0.72%
	TXN	C	0.69%
	DIS	D	0.67%
	NEE	C	0.66%
	SPGI	B	0.64%
	GE	B	0.6%
	CAT	B	0.6%
	LOW	B	0.57%
	BLK	B	0.53%
	ETN	C	0.49%
	BSX	B	0.48%
	KO	C	0.48%
	ADI	C	0.47%
	PLD	C	0.47%
	REGN	C	0.46%
	HON	D	0.46%
	MU	F	0.43%
	MDLZ	B	0.39%
	MMC	C	0.39%
	UPS	D	0.38%
	SO	B	0.38%
	SYK	C	0.37%
	AXP	B	0.37%
	ICE	C	0.37%
	DUK	C	0.35%
	BA	F	0.34%
	AMD	D	0.33%
	UNP	C	0.33%
	LMT	C	0.33%
	PH	B	0.31%
	HD	B	0.3%
	EQIX	C	0.3%
	WELL	C	0.29%
	NOC	B	0.29%
	CSX	D	0.27%
	AON	B	0.27%
	VRTX	D	0.26%
	NEM	B	0.25%
	APD	B	0.25%
	AJG	D	0.24%
	ROP	C	0.24%
	KKR	B	0.24%
	TDG	B	0.24%
	MRVL	C	0.24%
	EMR	D	0.24%
	NSC	C	0.23%
	OKE	B	0.22%
	TT	B	0.22%
	TJX	B	0.22%
	GEV	B	0.22%
	MAR	C	0.22%
	SRE	C	0.21%
	CEG	C	0.21%
	AEP	C	0.21%
	O	C	0.21%
	CCI	C	0.2%
	DLR	B	0.2%
	CARR	B	0.2%
	PEP	C	0.2%
	D	C	0.19%
	ITW	C	0.19%
	LHX	C	0.18%
	PSA	B	0.18%
	JCI	B	0.17%
	A	C	0.17%
	KVUE	C	0.17%
	PCG	C	0.17%
	CMI	C	0.17%
	RSG	D	0.17%
	MCHP	F	0.17%
	CTSH	C	0.16%
	KDP	B	0.16%
	CL	D	0.16%
	AME	C	0.16%
	AMGN	B	0.16%
	CTVA	B	0.16%
	IQV	C	0.16%
	PEG	B	0.16%
	SPG	B	0.16%
	EA	D	0.16%
	HWM	B	0.15%
	IR	C	0.15%
	EXR	B	0.15%
	URI	B	0.15%
	ROST	C	0.15%
	EXC	C	0.15%
	MSI	B	0.15%
	OTIS	C	0.15%
	NKE	D	0.15%
	STZ	D	0.15%
	EW	F	0.14%
	XEL	B	0.14%
	DFS	B	0.14%
	VICI	C	0.14%
	BKR	C	0.14%
	ED	C	0.14%
	DD	B	0.14%
	CBRE	A	0.14%
	CRM	D	0.14%
	CSGP	D	0.13%
	AVB	B	0.13%
	GLW	C	0.13%
	CHTR	D	0.13%
	GEHC	C	0.13%
	EIX	C	0.13%
	XYL	C	0.13%
	APH	D	0.13%
	ON	D	0.13%
	FITB	B	0.12%
	WEC	C	0.12%
	WAB	B	0.12%
	NDAQ	A	0.12%
	BIIB	F	0.12%
	WTW	C	0.12%
	EFX	B	0.12%
	PPG	D	0.12%
	MTD	D	0.12%
	MLM	D	0.12%
	HLT	B	0.11%
	IFF	B	0.11%
	KEYS	C	0.11%
	PAYX	C	0.11%
	TTWO	C	0.11%
	NVR	B	0.11%
	HAL	F	0.11%
	PWR	B	0.11%
	AWK	B	0.11%
	ANSS	D	0.11%
	EQR	B	0.11%
	ROK	D	0.11%
	GRMN	D	0.11%
	KMB	D	0.11%
	ES	C	0.1%
	STE	C	0.1%
	SBUX	C	0.1%
	VMC	D	0.1%
	DELL	D	0.1%
	FSLR	C	0.1%
	SBAC	C	0.1%
	HSY	C	0.1%
	CHD	D	0.1%
	MRNA	F	0.1%
	VTR	C	0.1%
	FE	C	0.1%
	RCL	B	0.1%
	DOV	B	0.1%
	ETR	B	0.1%
	DTE	C	0.1%
	RMD	C	0.1%
	FTV	C	0.1%
	SQ	D	0.09%
	LDOS	B	0.09%
	HUBB	B	0.09%
	WDC	D	0.09%
	BBY	C	0.09%
	CBOE	C	0.09%
	AEE	C	0.09%
	WY	C	0.09%
	INVH	C	0.09%
	PGR	B	0.09%
	TROW	D	0.09%
	YUM	D	0.09%
	PPL	C	0.09%
	ZBH	F	0.09%
	HOLX	B	0.08%
	MSCI	C	0.08%
	J	C	0.08%
	MAA	B	0.08%
	WBD	D	0.08%
	ESS	B	0.08%
	BAX	C	0.08%
	OMC	B	0.08%
	MSTR	D	0.08%
	APTV	D	0.08%
	ATO	B	0.08%
	BALL	C	0.08%
	GPC	D	0.08%
	MKC	C	0.08%
	CMS	C	0.08%
	TDY	B	0.08%
	ARE	C	0.08%
	LNG	C	0.08%
	ILMN	C	0.08%
	CINF	B	0.08%
	K	B	0.08%
	MRO	C	0.07%
	WSO	C	0.07%
	AMCR	B	0.07%
	CCL	C	0.07%
	SUI	B	0.07%
	ZM	C	0.07%
	BMRN	F	0.07%
	LUV	C	0.07%
	CNP	C	0.07%
	DLTR	F	0.07%
	CSL	B	0.07%
	MAS	B	0.07%
	AVTR	B	0.07%
	SWKS	D	0.07%
	TRU	B	0.07%
	TSN	C	0.07%
	DG	F	0.07%
	NTRS	A	0.07%
	WRB	C	0.07%
	PKG	B	0.07%
	NTAP	D	0.06%
	TRMB	C	0.06%
	ZBRA	B	0.06%
	GGG	C	0.06%
	BRO	C	0.06%
	IRM	C	0.06%
	JBHT	D	0.06%
	NDSN	C	0.06%
	EXPD	C	0.06%
	UDR	C	0.06%
	PNR	B	0.06%
	SNA	C	0.06%
	ZTS	C	0.06%
	SYY	D	0.06%
	NI	B	0.06%
	L	C	0.06%
	VRSN	D	0.06%
	LNT	B	0.06%
	CDW	D	0.06%
	APO	C	0.06%
	VLTO	C	0.06%
	AKAM	D	0.06%
	KIM	C	0.06%
	IEX	D	0.06%
	SWK	B	0.06%
	RBA	B	0.06%
	DOC	C	0.06%
	THC	A	0.06%
	NVT	D	0.05%
	RPM	B	0.05%
	INCY	C	0.05%
	ITT	B	0.05%
	BLD	D	0.05%
	TECH	C	0.05%
	FTI	D	0.05%
	TFX	C	0.05%
	CUBE	B	0.05%
	RIVN	F	0.05%
	JBL	D	0.05%
	BXP	B	0.05%
	SJM	C	0.05%
	FFIV	B	0.05%
	CHRW	B	0.05%
	CW	B	0.05%
	ALLE	B	0.05%
	SW	B	0.05%
	AES	C	0.05%
	DKS	D	0.05%
	IPG	C	0.05%
	HST	C	0.05%
	KMX	D	0.05%
	JNPR	B	0.05%
	JKHY	B	0.05%
	CLH	A	0.05%
	CPT	B	0.05%
	WPC	C	0.05%
	EVRG	B	0.05%
	AMAT	D	0.05%
	REG	C	0.05%
	HOOD	C	0.05%
	IBKR	B	0.05%
	ELS	C	0.05%
	AMH	C	0.05%
	EL	F	0.05%
	GLPI	C	0.05%
	USFD	B	0.05%
	ACM	B	0.05%
	HES	F	0.05%
	DCI	C	0.04%
	TWLO	D	0.04%
	EVR	A	0.04%
	NYT	C	0.04%
	DRI	B	0.04%
	SOLV	C	0.04%
	EGP	B	0.04%
	FTNT	C	0.04%
	MKTX	C	0.04%
	WST	D	0.04%
	HSIC	C	0.04%
	CNH	D	0.04%
	PRI	B	0.04%
	MGM	F	0.04%
	EHC	C	0.04%
	RGLD	C	0.04%
	DPZ	F	0.04%
	HRL	C	0.04%
	FRT	C	0.04%
	CPB	C	0.04%
	AFG	B	0.04%
	ARMK	B	0.04%
	TTC	D	0.04%
	OHI	B	0.04%
	PFGC	B	0.04%
	CHK	D	0.04%
	WTRG	D	0.04%
	MTCH	C	0.04%
	FOXA	B	0.04%
	WWD	D	0.04%
	TTEK	C	0.04%
	PNW	C	0.04%
	DOX	C	0.04%
	AFRM	C	0.04%
	AOS	D	0.04%
	CRL	F	0.04%
	QGEN	C	0.04%
	ATR	B	0.04%
	AIZ	B	0.04%
	CVNA	B	0.04%
	FDS	C	0.04%
	EPAM	F	0.04%
	BJ	D	0.04%
	CCK	A	0.04%
	ALB	D	0.04%
	NRG	C	0.04%
	CACI	B	0.04%
	REXR	C	0.04%
	NTNX	C	0.04%
	CTLT	B	0.04%
	EME	B	0.04%
	AVY	C	0.04%
	CASY	D	0.04%
	SCI	B	0.04%
	GME	F	0.03%
	PARA	F	0.03%
	VFC	C	0.03%
	RHI	D	0.03%
	FICO	B	0.03%
	WMS	D	0.03%
	LSTR	D	0.03%
	MAT	C	0.03%
	BIO	C	0.03%
	FLS	D	0.03%
	CGNX	F	0.03%
	Z	B	0.03%
	RL	C	0.03%
	WBA	F	0.03%
	LFUS	C	0.03%
	GWRE	A	0.03%
	OKTA	F	0.03%
	XP	D	0.03%
	MSA	D	0.03%
	EXAS	C	0.03%
	SEIC	C	0.03%
	BFAM	C	0.03%
	G	C	0.03%
	SOFI	C	0.03%
	KEX	C	0.03%
	WSM	D	0.03%
	SWN	D	0.03%
	NOV	F	0.03%
	SSD	D	0.03%
	OSK	F	0.03%
	FYBR	C	0.03%
	WTFC	B	0.03%
	MTZ	B	0.03%
	AGNC	B	0.03%
	MNST	D	0.03%
	VOYA	B	0.03%
	RGEN	F	0.03%
	WEX	C	0.03%
	ADC	C	0.03%
	GNTX	F	0.03%
	WYNN	D	0.03%
	ROKU	C	0.03%
	BRBR	C	0.03%
	HLI	B	0.03%
	STAG	C	0.03%
	ALGN	D	0.03%
	ACHC	C	0.03%
	BWXT	D	0.03%
	FR	B	0.03%
	MKSI	F	0.03%
	MIDD	D	0.03%
	FND	C	0.03%
	MOH	D	0.03%
	DAY	D	0.03%
	CBSH	C	0.03%
	LECO	F	0.03%
	SHW	B	0.03%
	CR	C	0.03%
	ONTO	D	0.03%
	CHE	C	0.03%
	CRUS	D	0.03%
	AYI	B	0.03%
	ATI	C	0.03%
	OGE	C	0.03%
	COKE	C	0.03%
	WAT	C	0.03%
	AXTA	B	0.03%
	FCN	D	0.03%
	FMC	C	0.03%
	AA	D	0.03%
	TKO	B	0.03%
	APG	D	0.03%
	CZR	C	0.03%
	BKNG	C	0.03%
	GMED	D	0.03%
	LAD	D	0.03%
	ADP	B	0.03%
	LAMR	B	0.03%
	ACI	F	0.03%
	BRX	B	0.03%
	COLD	D	0.03%
	CIEN	C	0.03%
	TW	B	0.03%
	PTC	D	0.03%
	ECL	B	0.03%
	KBR	D	0.03%
	SKX	D	0.03%
	X	F	0.03%
	RBC	C	0.03%
	NNN	C	0.03%
	TYL	C	0.02%
	MSM	D	0.02%
	KMPR	D	0.02%
	LITE	B	0.02%
	NEU	D	0.02%
	LSXMK	D	0.02%
	W	D	0.02%
	IAC	C	0.02%
	AMP	A	0.02%
	SITE	C	0.02%
	CPRI	D	0.02%
	DOCS	B	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	BILL	D	0.02%
	KRC	B	0.02%
	AGO	C	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	SLGN	B	0.02%
	FLO	C	0.02%
	PSN	B	0.02%
	PII	D	0.02%
	OLED	C	0.02%
	ASH	D	0.02%
	GAP	F	0.02%
	S	C	0.02%
	RYN	C	0.02%
	GFS	F	0.02%
	AN	D	0.02%
	WTM	D	0.02%
	EEFT	D	0.02%
	GNRC	D	0.02%
	ZG	B	0.02%
	SEE	D	0.02%
	WLK	D	0.02%
	WSC	D	0.02%
	SN	B	0.02%
	IDA	C	0.02%
	ORLY	C	0.02%
	HXL	F	0.02%
	UGI	C	0.02%
	WHR	D	0.02%
	KD	D	0.02%
	VNT	F	0.02%
	NFG	B	0.02%
	THO	D	0.02%
	OLLI	C	0.02%
	SRCL	A	0.02%
	LBRDK	F	0.02%
	GWW	B	0.02%
	WH	B	0.02%
	DASH	C	0.02%
	H	C	0.02%
	VMI	D	0.02%
	POST	C	0.02%
	COIN	F	0.02%
	GXO	D	0.02%
	ESAB	C	0.02%
	RLI	B	0.02%
	VNO	B	0.02%
	LW	D	0.02%
	MTSI	D	0.02%
	FAST	C	0.02%
	STWD	B	0.02%
	LYFT	D	0.01%
	CERT	F	0.01%
	WEN	C	0.01%
	TRIP	F	0.01%
	INFA	D	0.01%
	MP	D	0.01%
	UAA	C	0.01%
	REYN	C	0.01%
	BROS	D	0.01%
	AZEK	C	0.01%
	GO	F	0.01%
	ALGM	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	TER	D	0.01%
	LPX	B	0.01%
	PSTG	F	0.01%
	SHC	C	0.01%
	IPGP	F	0.01%
	SAM	F	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	GLOB	D	0.01%
	ADTN	D	0.01%
	HAYW	C	0.01%
	EXP	B	0.01%
	KSS	F	0.01%
	BR	D	0.01%
	RCM	C	0.01%
	ETSY	F	0.01%
	JWN	C	0.01%
	ULTA	D	0.01%
	HHH	C	0.01%
	CRI	D	0.01%
	YETI	D	0.01%
	MASI	F	0.01%
	AGR	B	0.01%
	VIRT	C	0.01%
	ENOV	D	0.01%
	CWEN	C	0.01%
	BRKR	D	0.01%
	MPW	C	0.01%
	COLM	C	0.01%
	AZTA	F	0.01%
	U	D	0.01%
	RKT	C	0.01%
	CNM	F	0.01%
	SPB	C	0.01%
	CLVT	D	0.01%
	IRDM	D	0.01%
	LOPE	D	0.01%
	CACC	F	0.01%
	SMG	C	0.01%
	RH	B	0.01%
	PAYC	D	0.01%
	ZI	D	0.01%
	FHB	D	0.01%
	AM	C	0.01%
	AMED	C	0.01%
	PAG	D	0.01%
	CPRT	D	0.01%
	PK	D	0.01%
	TPG	B	0.01%
	PLNT	B	0.01%
	NWS	D	0.01%
	NSA	B	0.01%
	HIW	B	0.01%
	WU	F	0.01%
	EPR	B	0.01%
	CTAS	B	0.01%
	MSGS	B	0.01%
	LCID	C	0.01%
	SPR	D	0.01%
	HUN	D	0.01%
	AWI	B	0.01%
	COTY	F	0.01%
	ALNY	C	0.01%
	SEG	C	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	UI	B	0.0%
	IONS	F	0.0%
	LBRDA	F	0.0%
	CHH	C	0.0%
	CACC	F	0.0%
	SIRI	C	0.0%
	TFSL	C	0.0%
	PATH	D	0.0%
	HCP	B	0.0%
	CWEN	C	0.0%
	TXG	D	0.0%
	FIVE	D	0.0%
	CAR	F	0.0%
	LSCC	D	0.0%
	PYCR	D	0.0%
	NCNO	D	0.0%
	DDS	F	0.0%
	AMC	F	0.0%
	MTN	D	0.0%
	HAS	B	0.0%
	WOLF	F	0.0%
	EXEL	C	0.0%
	DV	F	0.0%

VONV Underweight 314 Positions Relative to VFVA

	Symbol	Grade	Weight
	ESNT	B	-0.44%
	PBF	F	-0.36%
	PRDO	D	-0.34%
	MATX	B	-0.33%
	TTMI	D	-0.31%
	INSW	D	-0.31%
	TMHC	A	-0.3%
	RDN	C	-0.28%
	SM	F	-0.27%
	ONB	C	-0.27%
	TNK	F	-0.26%
	ALGT	F	-0.26%
	STNG	D	-0.25%
	TROX	F	-0.24%
	ESGR	D	-0.24%
	TPH	C	-0.23%
	KBH	A	-0.23%
	STBA	B	-0.23%
	OI	D	-0.23%
	WWW	B	-0.22%
	LILAK	D	-0.22%
	MBUU	D	-0.22%
	GPOR	D	-0.22%
	DIN	F	-0.21%
	MUR	F	-0.21%
	MTH	A	-0.21%
	GT	F	-0.2%
	TGNA	D	-0.2%
	EFSC	B	-0.2%
	CCS	B	-0.2%
	OCFC	B	-0.2%
	ASC	D	-0.2%
	FFBC	D	-0.2%
	CLW	F	-0.2%
	HWC	D	-0.2%
	CHGG	F	-0.19%
	MLI	A	-0.19%
	WAFD	C	-0.19%
	VLY	C	-0.19%
	GNK	D	-0.19%
	SNCY	D	-0.18%
	CCSI	C	-0.18%
	SKYW	C	-0.18%
	TDS	C	-0.18%
	SIG	C	-0.18%
	EAT	A	-0.18%
	JACK	F	-0.18%
	CRC	C	-0.17%
	GPI	B	-0.17%
	PTEN	F	-0.17%
	SLVM	B	-0.17%
	GTN	D	-0.17%
	HOPE	B	-0.17%
	BGS	D	-0.17%
	AHCO	C	-0.17%
	GLNG	C	-0.17%
	REZI	D	-0.16%
	WSBC	D	-0.16%
	ADNT	F	-0.16%
	BKU	C	-0.16%
	DAN	F	-0.16%
	LZB	C	-0.16%
	CADE	C	-0.16%
	ATSG	D	-0.16%
	ABG	D	-0.16%
	UNFI	C	-0.16%
	PARR	F	-0.15%
	IMKTA	D	-0.15%
	ABCB	B	-0.15%
	GIII	C	-0.15%
	XPOF	D	-0.15%
	FULT	D	-0.15%
	PFS	B	-0.15%
	HAIN	D	-0.15%
	CUBI	F	-0.15%
	RNG	F	-0.15%
	BZH	B	-0.15%
	MD	C	-0.15%
	BRY	F	-0.15%
	RNST	D	-0.15%
	BXC	D	-0.15%
	ZD	D	-0.15%
	CMC	D	-0.15%
	ASO	C	-0.15%
	MHO	B	-0.15%
	DLX	D	-0.15%
	BTU	D	-0.14%
	NMRK	A	-0.14%
	NAVI	C	-0.14%
	PEBO	C	-0.14%
	NUS	F	-0.14%
	BELFB	B	-0.14%
	HLX	F	-0.14%
	MCB	C	-0.14%
	DHT	D	-0.14%
	ASB	D	-0.14%
	SBH	B	-0.14%
	IRWD	F	-0.14%
	PUMP	D	-0.14%
	HLF	F	-0.14%
	ATGE	C	-0.14%
	TOWN	B	-0.13%
	VBTX	B	-0.13%
	TEX	F	-0.13%
	XRX	D	-0.13%
	TRMK	C	-0.13%
	KOP	F	-0.13%
	BUSE	C	-0.13%
	COOP	C	-0.13%
	EGBN	C	-0.13%
	AXL	F	-0.13%
	JRVR	F	-0.13%
	TPC	C	-0.13%
	CABO	F	-0.13%
	ARCH	F	-0.13%
	TWI	D	-0.12%
	DCOM	B	-0.12%
	STC	B	-0.12%
	GNW	B	-0.12%
	VGR	B	-0.12%
	BANC	B	-0.12%
	EBC	B	-0.12%
	SPTN	C	-0.12%
	AUB	D	-0.12%
	PATK	B	-0.12%
	CRGY	D	-0.12%
	COMM	C	-0.12%
	HRI	D	-0.11%
	OMI	D	-0.11%
	SB	D	-0.11%
	FCF	C	-0.11%
	UFPI	C	-0.11%
	NAT	D	-0.11%
	ANDE	D	-0.11%
	PAGS	F	-0.11%
	APPS	D	-0.11%
	EVRI	C	-0.11%
	PPBI	D	-0.11%
	CEIX	D	-0.11%
	AMCX	F	-0.11%
	BMBL	F	-0.1%
	ODP	F	-0.1%
	NX	F	-0.1%
	GDOT	C	-0.1%
	SXC	F	-0.1%
	HOV	C	-0.1%
	SSB	B	-0.1%
	VTOL	D	-0.1%
	PHIN	B	-0.1%
	TRST	C	-0.1%
	GRBK	B	-0.1%
	ASIX	C	-0.1%
	DOLE	A	-0.1%
	NTB	C	-0.1%
	CMRE	D	-0.1%
	SFL	F	-0.1%
	RYI	D	-0.1%
	HBI	B	-0.1%
	SCSC	D	-0.09%
	UVE	C	-0.09%
	VSH	F	-0.09%
	JXN	A	-0.09%
	NNI	B	-0.09%
	SCHL	D	-0.09%
	TCBK	D	-0.09%
	GOGL	D	-0.09%
	AX	D	-0.09%
	MLKN	D	-0.09%
	REVG	D	-0.09%
	FWRD	C	-0.09%
	FDP	C	-0.09%
	CATY	C	-0.09%
	MTUS	F	-0.09%
	BV	C	-0.09%
	SASR	B	-0.09%
	RPAY	F	-0.08%
	UBSI	B	-0.08%
	FFWM	D	-0.08%
	SD	D	-0.08%
	CXW	F	-0.08%
	JELD	D	-0.08%
	FRME	D	-0.08%
	SANM	D	-0.08%
	HCC	F	-0.08%
	EQH	C	-0.08%
	NBTB	D	-0.08%
	HFWA	C	-0.08%
	RMAX	C	-0.08%
	NWBI	C	-0.08%
	BANR	B	-0.08%
	SRCE	C	-0.08%
	NOG	D	-0.08%
	MATV	C	-0.08%
	WNC	F	-0.08%
	MTW	F	-0.08%
	INMD	D	-0.07%
	PFC	C	-0.07%
	KFY	B	-0.07%
	DXPE	C	-0.07%
	CWK	B	-0.07%
	RGP	F	-0.07%
	BOOM	D	-0.07%
	OMCL	C	-0.07%
	SNEX	B	-0.07%
	GOOG	D	-0.07%
	NIC	C	-0.07%
	NTCT	C	-0.07%
	LPG	F	-0.07%
	HAFC	C	-0.07%
	FIBK	B	-0.07%
	BHLB	B	-0.07%
	SSP	F	-0.07%
	CAL	F	-0.07%
	ACCO	C	-0.07%
	EMBC	C	-0.07%
	NMIH	B	-0.07%
	LILA	D	-0.06%
	OFG	C	-0.06%
	RUSHA	C	-0.06%
	ASGN	D	-0.06%
	CCRN	F	-0.06%
	TITN	F	-0.06%
	SMP	C	-0.06%
	OIS	D	-0.06%
	CNOB	B	-0.06%
	BRKL	C	-0.06%
	ALIT	D	-0.06%
	KOS	F	-0.06%
	LBRT	D	-0.06%
	PCRX	F	-0.06%
	EGY	D	-0.06%
	INDB	C	-0.06%
	MATW	F	-0.05%
	ETWO	C	-0.05%
	CFFN	D	-0.05%
	LXU	D	-0.05%
	TALO	D	-0.05%
	GHC	B	-0.05%
	MOV	F	-0.05%
	MCFT	F	-0.05%
	HVT	D	-0.05%
	TTEC	F	-0.05%
	IIIN	D	-0.05%
	VRNT	F	-0.05%
	FBMS	B	-0.05%
	DK	F	-0.05%
	TK	C	-0.05%
	GEF	D	-0.05%
	KELYA	D	-0.05%
	AMR	F	-0.05%
	REX	D	-0.05%
	GATX	D	-0.05%
	CNDT	C	-0.05%
	GCO	D	-0.05%
	AMWD	D	-0.05%
	PFSI	C	-0.05%
	PLAB	F	-0.05%
	KODK	D	-0.04%
	SFNC	B	-0.04%
	LC	D	-0.04%
	CNO	B	-0.04%
	ATKR	F	-0.04%
	WERN	D	-0.04%
	ARCB	D	-0.04%
	RDUS	D	-0.04%
	FBNC	B	-0.04%
	IART	F	-0.04%
	BBW	C	-0.04%
	ENVA	C	-0.04%
	HUBG	C	-0.04%
	FOXF	D	-0.04%
	BY	C	-0.04%
	UVV	D	-0.04%
	HGV	F	-0.04%
	OBK	D	-0.04%
	HBNC	B	-0.04%
	REPX	D	-0.04%
	ZEUS	F	-0.04%
	BW	D	-0.04%
	STNE	F	-0.03%
	IMMR	D	-0.03%
	PFBC	D	-0.03%
	SCVL	B	-0.03%
	KRO	D	-0.03%
	OLPX	C	-0.03%
	UIS	C	-0.03%
	NBHC	D	-0.03%
	QCRH	B	-0.03%
	ENS	D	-0.03%
	EPC	F	-0.03%
	SWI	B	-0.03%
	TBRG	C	-0.03%
	DENN	D	-0.03%
	AMRX	B	-0.03%
	BALY	B	-0.03%
	NFBK	C	-0.03%
	WMK	C	-0.03%
	AMAL	B	-0.03%
	WTTR	D	-0.03%
	DRVN	C	-0.03%
	BCC	B	-0.02%
	UCBI	B	-0.02%
	EIG	C	-0.02%
	HOMB	B	-0.02%
	MED	F	-0.02%
	OXM	F	-0.02%
	GBX	C	-0.02%
	RYAM	B	-0.02%
	ZIMV	F	-0.02%
	VREX	F	-0.02%
	ACT	B	-0.02%
	HRTG	C	-0.01%
	AMPY	D	-0.01%
	FF	C	-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 Beverage Biotechnology Dow Jones Component Plastic

VFVA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Shipping & Ports Insurance - Property & Casualty Residential Construction Asset Management Credit Services Auto Parts Chemicals Insurance - Life Software - Application Specialty Retail Airlines Broadcasting - TV Business Services Drug Manufacturers - Specialty & Generic Information Technology Services Insurance - Diversified Packaged Foods Savings & Cooperative Banks

Keywords: S&P 500 Bank Banking Deposit Products Insurance Commercial Banking Real Estate Loans Natural Gas Commercial Bank Insurance Products Chemical Investment Management Life Insurance Transport Cash Management Trust Services Cash Management Services Mining Petroleum Industry Individual Retirement Account