VONV vs. VONG ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Russell 1000 Growth ETF (VONG)

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

$86.14

Average Daily Volume

369,875

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

VONG

Vanguard Russell 1000 Growth ETF

VONG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Growth Index. The index is designed to measure the performance of large-capitalization growth 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

$101.32

Average Daily Volume

693,878

Number of Holdings ^*

385

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VONG
30 Days	2.60%	2.37%
60 Days	4.54%	5.82%
90 Days	6.20%	7.12%
12 Months	28.76%	36.13%

251 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in VONG	Overlap
	AAL	B	0.03%	0.0%	0.0%
	ABBV	F	0.82%	0.55%	0.55%
	ADP	A	0.03%	0.38%	0.03%
	AJG	A	0.23%	0.02%	0.02%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	A	0.17%	0.03%	0.03%
	ALLY	C	0.03%	0.0%	0.0%
	ALNY	D	0.02%	0.11%	0.02%
	AM	A	0.01%	0.01%	0.01%
	AMAT	F	0.05%	0.56%	0.05%
	AMD	F	0.32%	0.63%	0.32%
	AMGN	F	0.15%	0.49%	0.15%
	AMP	A	0.02%	0.16%	0.02%
	APH	A	0.13%	0.16%	0.13%
	APO	B	0.08%	0.18%	0.08%
	AVY	F	0.04%	0.02%	0.02%
	AWI	A	0.02%	0.01%	0.01%
	AXP	A	0.38%	0.21%	0.21%
	AZEK	A	0.01%	0.02%	0.01%
	AZO	C	0.02%	0.18%	0.02%
	BA	F	0.34%	0.05%	0.05%
	BFAM	D	0.03%	0.0%	0.0%
	BILL	A	0.02%	0.0%	0.0%
	BKNG	A	0.04%	0.49%	0.04%
	BLD	D	0.04%	0.0%	0.0%
	BLDR	D	0.07%	0.01%	0.01%
	BPOP	C	0.02%	0.0%	0.0%
	BR	A	0.01%	0.08%	0.01%
	BRKR	D	0.01%	0.02%	0.01%
	BRO	B	0.06%	0.04%	0.04%
	BROS	A	0.01%	0.01%	0.01%
	BWXT	B	0.04%	0.01%	0.01%
	CACC	D	0.0%	0.01%	0.0%
	CAH	B	0.04%	0.06%	0.04%
	CAR	C	0.0%	0.0%	0.0%
	CASY	A	0.05%	0.01%	0.01%
	CAT	B	0.63%	0.1%	0.1%
	CC	C	0.01%	0.0%	0.0%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.04%	0.01%	0.01%
	CEG	C	0.28%	0.05%	0.05%
	CGNX	D	0.03%	0.0%	0.0%
	CHE	D	0.03%	0.0%	0.0%
	CHH	A	0.0%	0.01%	0.0%
	CI	D	0.32%	0.03%	0.03%
	CIVI	D	0.01%	0.01%	0.01%
	CL	D	0.14%	0.17%	0.14%
	CLF	F	0.02%	0.01%	0.01%
	CNM	D	0.01%	0.02%	0.01%
	COIN	C	0.02%	0.11%	0.02%
	CPRT	B	0.01%	0.15%	0.01%
	CRM	B	0.17%	0.79%	0.17%
	CROX	D	0.02%	0.01%	0.01%
	CSL	C	0.07%	0.01%	0.01%
	CTAS	B	0.01%	0.24%	0.01%
	CVNA	B	0.07%	0.02%	0.02%
	DASH	B	0.03%	0.16%	0.03%
	DAY	B	0.04%	0.0%	0.0%
	DBX	B	0.02%	0.01%	0.01%
	DELL	B	0.11%	0.02%	0.02%
	DJT	C	0.0%	0.0%	0.0%
	DKS	D	0.04%	0.0%	0.0%
	DOCS	C	0.02%	0.0%	0.0%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.04%	0.04%
	DV	C	0.0%	0.0%	0.0%
	ECL	D	0.03%	0.2%	0.03%
	EFX	F	0.1%	0.03%	0.03%
	EG	C	0.05%	0.01%	0.01%
	EL	F	0.04%	0.03%	0.03%
	ELV	F	0.32%	0.07%	0.07%
	EME	A	0.05%	0.03%	0.03%
	EPAM	B	0.04%	0.0%	0.0%
	EQIX	A	0.33%	0.02%	0.02%
	EQT	B	0.08%	0.0%	0.0%
	ETSY	D	0.01%	0.02%	0.01%
	EW	C	0.13%	0.03%	0.03%
	EXAS	D	0.03%	0.02%	0.02%
	EXEL	B	0.01%	0.02%	0.01%
	EXP	B	0.01%	0.03%	0.01%
	EXPD	C	0.06%	0.01%	0.01%
	FAST	B	0.03%	0.12%	0.03%
	FDS	B	0.04%	0.02%	0.02%
	FI	A	0.31%	0.12%	0.12%
	FICO	B	0.03%	0.14%	0.03%
	FIVE	F	0.0%	0.01%	0.0%
	FND	D	0.03%	0.02%	0.02%
	FRPT	A	0.02%	0.01%	0.01%
	FTNT	C	0.04%	0.14%	0.04%
	FTRE	D	0.01%	0.0%	0.0%
	GE	D	0.59%	0.16%	0.16%
	GEHC	D	0.14%	0.01%	0.01%
	GLOB	B	0.01%	0.02%	0.01%
	GNRC	C	0.02%	0.02%	0.02%
	GS	A	0.48%	0.15%	0.15%
	GWRE	A	0.03%	0.02%	0.02%
	GWW	B	0.02%	0.14%	0.02%
	H	B	0.02%	0.0%	0.0%
	HAS	D	0.0%	0.03%	0.0%
	HCA	F	0.2%	0.07%	0.07%
	HCP	B	0.0%	0.01%	0.0%
	HD	B	0.32%	1.16%	0.32%
	HES	B	0.05%	0.09%	0.05%
	HLI	A	0.03%	0.0%	0.0%
	HLT	A	0.11%	0.11%	0.11%
	HON	C	0.45%	0.08%	0.08%
	HPQ	B	0.11%	0.03%	0.03%
	HRB	D	0.03%	0.01%	0.01%
	HSY	F	0.09%	0.01%	0.01%
	HWM	A	0.15%	0.01%	0.01%
	INCY	C	0.04%	0.0%	0.0%
	IONS	F	0.0%	0.02%	0.0%
	IQV	F	0.13%	0.02%	0.02%
	IRDM	D	0.01%	0.0%	0.0%
	IRM	C	0.06%	0.07%	0.06%
	ITW	B	0.19%	0.11%	0.11%
	JBL	C	0.05%	0.0%	0.0%
	JEF	A	0.03%	0.01%	0.01%
	JLL	D	0.04%	0.01%	0.01%
	KBR	F	0.03%	0.0%	0.0%
	KKR	A	0.27%	0.09%	0.09%
	KMB	C	0.11%	0.07%	0.07%
	KMX	B	0.04%	0.0%	0.0%
	KO	D	0.43%	0.58%	0.43%
	LAMR	C	0.03%	0.01%	0.01%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.03%	0.01%	0.01%
	LECO	C	0.03%	0.01%	0.01%
	LMT	D	0.32%	0.14%	0.14%
	LNG	A	0.09%	0.08%	0.08%
	LOPE	C	0.01%	0.0%	0.0%
	LPX	B	0.01%	0.02%	0.01%
	LSCC	D	0.0%	0.02%	0.0%
	LW	C	0.03%	0.01%	0.01%
	LYFT	C	0.01%	0.01%	0.01%
	MASI	B	0.01%	0.01%	0.01%
	MCD	D	0.79%	0.05%	0.05%
	MCK	A	0.15%	0.1%	0.1%
	MKL	A	0.06%	0.02%	0.02%
	MKSI	C	0.03%	0.0%	0.0%
	MLM	C	0.14%	0.01%	0.01%
	MMC	B	0.37%	0.05%	0.05%
	MMM	D	0.23%	0.05%	0.05%
	MNST	C	0.03%	0.11%	0.03%
	MOH	F	0.03%	0.05%	0.03%
	MRVL	B	0.25%	0.02%	0.02%
	MS	A	0.51%	0.03%	0.03%
	MSCI	C	0.07%	0.09%	0.07%
	MSGS	A	0.02%	0.0%	0.0%
	MSI	B	0.16%	0.13%	0.13%
	MSTR	B	0.14%	0.01%	0.01%
	MTDR	B	0.02%	0.0%	0.0%
	MTN	C	0.0%	0.02%	0.0%
	NCNO	C	0.0%	0.01%	0.0%
	NFE	D	0.0%	0.0%	0.0%
	NKE	F	0.14%	0.24%	0.14%
	NRG	B	0.04%	0.03%	0.03%
	NTAP	C	0.05%	0.04%	0.04%
	NTNX	B	0.04%	0.01%	0.01%
	NXST	C	0.01%	0.01%	0.01%
	OKTA	C	0.03%	0.02%	0.02%
	OLED	F	0.02%	0.02%	0.02%
	ONTO	F	0.03%	0.01%	0.01%
	ORLY	B	0.02%	0.22%	0.02%
	PATH	C	0.0%	0.02%	0.0%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.11%	0.06%	0.06%
	PEP	F	0.19%	0.67%	0.19%
	PFGC	B	0.04%	0.01%	0.01%
	PG	C	1.21%	0.33%	0.33%
	PGR	A	0.09%	0.45%	0.09%
	PLNT	A	0.01%	0.01%	0.01%
	PPC	C	0.01%	0.0%	0.0%
	PR	B	0.03%	0.01%	0.01%
	PSA	C	0.18%	0.03%	0.03%
	PSTG	D	0.01%	0.05%	0.01%
	PTC	B	0.03%	0.05%	0.03%
	PWR	A	0.12%	0.05%	0.05%
	PYCR	B	0.0%	0.0%	0.0%
	QCOM	F	0.05%	0.65%	0.05%
	RCL	A	0.13%	0.05%	0.05%
	REGN	F	0.32%	0.03%	0.03%
	RGEN	D	0.03%	0.0%	0.0%
	RH	C	0.02%	0.0%	0.0%
	RLI	A	0.02%	0.0%	0.0%
	RMD	C	0.1%	0.04%	0.04%
	ROK	C	0.11%	0.01%	0.01%
	ROKU	D	0.03%	0.01%	0.01%
	ROST	D	0.14%	0.04%	0.04%
	RPM	A	0.05%	0.01%	0.01%
	S	B	0.02%	0.0%	0.0%
	SAIA	B	0.02%	0.02%	0.02%
	SAM	C	0.01%	0.0%	0.0%
	SBUX	A	0.1%	0.31%	0.1%
	SCHW	B	0.38%	0.04%	0.04%
	SEE	C	0.02%	0.0%	0.0%
	SHW	B	0.03%	0.3%	0.03%
	SITE	F	0.02%	0.01%	0.01%
	SKX	D	0.03%	0.0%	0.0%
	SN	D	0.02%	0.01%	0.01%
	SOFI	B	0.04%	0.0%	0.0%
	SPG	A	0.16%	0.05%	0.05%
	SPR	D	0.01%	0.0%	0.0%
	SQ	A	0.09%	0.06%	0.06%
	SSD	F	0.03%	0.0%	0.0%
	SYK	B	0.36%	0.14%	0.14%
	SYY	D	0.06%	0.09%	0.06%
	TDG	D	0.23%	0.06%	0.06%
	TER	F	0.01%	0.07%	0.01%
	TJX	A	0.21%	0.29%	0.21%
	TKO	A	0.03%	0.0%	0.0%
	TPG	A	0.02%	0.0%	0.0%
	TRIP	F	0.01%	0.0%	0.0%
	TRU	D	0.07%	0.0%	0.0%
	TT	A	0.22%	0.11%	0.11%
	TTEK	F	0.04%	0.01%	0.01%
	TW	A	0.04%	0.02%	0.02%
	TWLO	A	0.04%	0.01%	0.01%
	TXG	F	0.0%	0.01%	0.0%
	TXN	C	0.65%	0.08%	0.08%
	TYL	B	0.02%	0.08%	0.02%
	U	C	0.01%	0.01%	0.01%
	UHAL	D	0.02%	0.0%	0.0%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.02%	0.01%	0.01%
	UHAL	D	0.0%	0.0%	0.0%
	UI	B	0.0%	0.0%	0.0%
	ULTA	F	0.01%	0.06%	0.01%
	UNH	B	1.94%	0.13%	0.13%
	UNP	C	0.3%	0.26%	0.26%
	URI	C	0.16%	0.05%	0.05%
	UWMC	D	0.0%	0.0%	0.0%
	VLTO	C	0.06%	0.05%	0.05%
	VMC	B	0.11%	0.03%	0.03%
	VRSN	C	0.06%	0.0%	0.0%
	VRTX	D	0.25%	0.22%	0.22%
	WAT	C	0.03%	0.05%	0.03%
	WEN	D	0.01%	0.01%	0.01%
	WEX	D	0.03%	0.0%	0.0%
	WH	B	0.02%	0.0%	0.0%
	WMS	F	0.03%	0.02%	0.02%
	WSC	F	0.02%	0.01%	0.01%
	WSM	C	0.03%	0.04%	0.03%
	WST	C	0.04%	0.05%	0.04%
	WU	F	0.01%	0.0%	0.0%
	WYNN	C	0.04%	0.0%	0.0%
	XP	F	0.03%	0.0%	0.0%
	YETI	D	0.01%	0.0%	0.0%
	YUM	D	0.09%	0.05%	0.05%
	ZBRA	B	0.06%	0.01%	0.01%
	ZTS	D	0.06%	0.27%	0.06%

VONV Overweight 593 Positions Relative to VONG

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	XOM	B	2.1%
	JNJ	C	1.54%
	WMT	A	1.42%
	BAC	A	1.14%
	CVX	A	1.03%
	WFC	A	0.91%
	CSCO	B	0.89%
	LIN	C	0.88%
	ACN	B	0.87%
	TMO	F	0.84%
	PM	B	0.83%
	ABT	B	0.78%
	IBM	C	0.76%
	DIS	B	0.71%
	VZ	C	0.71%
	CMCSA	B	0.67%
	T	A	0.65%
	NEE	C	0.65%
	PFE	F	0.64%
	RTX	D	0.64%
	DHR	F	0.63%
	LOW	C	0.6%
	SPGI	C	0.6%
	BLK	B	0.58%
	ETN	A	0.53%
	COP	C	0.51%
	C	A	0.49%
	BSX	A	0.49%
	CB	C	0.46%
	MDT	D	0.46%
	BMY	B	0.45%
	MU	D	0.44%
	ADI	D	0.44%
	GILD	C	0.44%
	TMUS	B	0.43%
	PLD	F	0.42%
	DE	B	0.41%
	SO	C	0.4%
	UPS	C	0.39%
	MDLZ	F	0.37%
	INTC	C	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	ICE	C	0.35%
	WELL	A	0.33%
	GEV	B	0.33%
	GD	D	0.32%
	CME	B	0.32%
	PYPL	B	0.32%
	PH	A	0.32%
	PNC	B	0.3%
	USB	A	0.3%
	CVS	D	0.29%
	AON	A	0.29%
	APD	A	0.28%
	TGT	F	0.28%
	EOG	A	0.28%
	NOC	D	0.28%
	BDX	F	0.27%
	FCX	F	0.26%
	CSX	C	0.26%
	COF	C	0.25%
	EMR	B	0.25%
	FDX	B	0.25%
	WMB	A	0.25%
	MAR	A	0.24%
	OKE	A	0.23%
	NSC	B	0.23%
	GM	C	0.23%
	SLB	C	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	DLR	B	0.23%
	AFL	B	0.23%
	BK	A	0.22%
	TRV	B	0.22%
	MPC	D	0.21%
	O	C	0.21%
	AEP	C	0.21%
	NEM	D	0.21%
	SRE	A	0.21%
	PCAR	B	0.21%
	AIG	B	0.2%
	CARR	C	0.2%
	D	C	0.2%
	DHI	F	0.2%
	FIS	C	0.2%
	PSX	C	0.2%
	CCI	C	0.19%
	LHX	C	0.19%
	KMI	A	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PEG	A	0.18%
	CMI	A	0.18%
	MET	A	0.18%
	VLO	C	0.17%
	JCI	B	0.17%
	AME	A	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MCHP	F	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	LEN	D	0.16%
	GLW	B	0.15%
	DAL	B	0.15%
	KDP	F	0.15%
	KR	B	0.15%
	STZ	D	0.15%
	DFS	B	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	GIS	D	0.15%
	BKR	A	0.15%
	A	D	0.15%
	IR	B	0.15%
	NUE	C	0.14%
	EXR	C	0.14%
	DD	C	0.14%
	DOW	F	0.14%
	ED	C	0.14%
	ACGL	C	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	HIG	B	0.13%
	MTB	A	0.13%
	CNC	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	VICI	C	0.13%
	FANG	C	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	EBAY	D	0.12%
	XYL	D	0.12%
	CSGP	D	0.12%
	KHC	F	0.12%
	FITB	B	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	NDAQ	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	ADM	D	0.11%
	GPN	B	0.11%
	VTR	B	0.11%
	EQR	C	0.11%
	SW	A	0.11%
	PHM	D	0.11%
	AWK	C	0.11%
	MTD	F	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	STT	B	0.11%
	RJF	A	0.11%
	PPL	A	0.1%
	FE	C	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	CHD	A	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	LDOS	C	0.1%
	FTV	C	0.1%
	HPE	B	0.1%
	BIIB	F	0.1%
	IFF	D	0.1%
	UAL	A	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	DOV	A	0.1%
	KEYS	A	0.1%
	WDC	D	0.09%
	CINF	A	0.09%
	SYF	B	0.09%
	STE	D	0.09%
	ZBH	C	0.09%
	RF	A	0.09%
	CCL	A	0.09%
	HBAN	A	0.09%
	CBOE	C	0.09%
	LYB	F	0.09%
	WY	F	0.09%
	HUBB	B	0.09%
	ILMN	C	0.09%
	ES	C	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	PFG	D	0.08%
	CFG	B	0.08%
	LH	B	0.08%
	INVH	D	0.08%
	IP	A	0.08%
	ARE	F	0.08%
	STLD	B	0.08%
	BBY	D	0.08%
	OMC	C	0.08%
	MKC	C	0.08%
	ZM	C	0.08%
	WBD	B	0.08%
	NTRS	A	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	FSLR	F	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	K	A	0.08%
	IEX	C	0.07%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	C	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	TSN	B	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	DGX	A	0.07%
	J	D	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	F	0.07%
	BALL	F	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	CNP	A	0.07%
	VTRS	A	0.06%
	CAG	F	0.06%
	UDR	B	0.06%
	RGA	A	0.06%
	SWKS	F	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	SWK	D	0.06%
	ACM	B	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	THC	D	0.06%
	JBHT	C	0.06%
	TOL	B	0.06%
	CF	A	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	LNT	A	0.06%
	APTV	F	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	C	0.06%
	NI	A	0.06%
	GEN	B	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	AMCR	C	0.06%
	IBKR	A	0.06%
	FTI	A	0.05%
	TECH	F	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	SJM	D	0.05%
	CLH	C	0.05%
	UHS	D	0.05%
	BG	D	0.05%
	UNM	A	0.05%
	AMH	C	0.05%
	CHRW	B	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	WPC	C	0.05%
	CACI	D	0.05%
	ALLE	C	0.05%
	COHR	B	0.05%
	EMN	C	0.05%
	NVT	B	0.05%
	BMRN	F	0.05%
	BXP	C	0.05%
	JNPR	D	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	REG	A	0.05%
	CW	C	0.05%
	JKHY	D	0.05%
	RNR	C	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	FFIV	B	0.05%
	DTM	A	0.04%
	FYBR	C	0.04%
	DCI	B	0.04%
	WBS	A	0.04%
	HRL	D	0.04%
	WAL	B	0.04%
	CPB	D	0.04%
	NYT	D	0.04%
	HSIC	C	0.04%
	LAD	A	0.04%
	AOS	F	0.04%
	FRT	B	0.04%
	CRL	D	0.04%
	CIEN	C	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	TAP	C	0.04%
	PRI	B	0.04%
	LKQ	F	0.04%
	RGLD	C	0.04%
	FOXA	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EHC	B	0.04%
	WWD	C	0.04%
	ARMK	B	0.04%
	AIZ	A	0.04%
	PNW	A	0.04%
	AA	A	0.04%
	SOLV	D	0.04%
	DOX	D	0.04%
	AFRM	A	0.04%
	FBIN	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	A	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	CTLT	C	0.04%
	MKTX	D	0.04%
	CUBE	C	0.04%
	TPR	B	0.04%
	CCK	D	0.04%
	CG	B	0.04%
	RRX	B	0.04%
	IPG	D	0.04%
	ATR	B	0.04%
	ALB	B	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	IVZ	B	0.03%
	BBWI	C	0.03%
	FAF	A	0.03%
	MTG	C	0.03%
	ATI	C	0.03%
	SIRI	C	0.03%
	PB	B	0.03%
	PARA	C	0.03%
	OSK	C	0.03%
	KEX	B	0.03%
	G	B	0.03%
	QRVO	F	0.03%
	STAG	D	0.03%
	JAZZ	B	0.03%
	WBA	F	0.03%
	COKE	C	0.03%
	RHI	C	0.03%
	FCN	F	0.03%
	MAT	D	0.03%
	AGNC	C	0.03%
	MIDD	C	0.03%
	FR	D	0.03%
	FLS	B	0.03%
	BIO	C	0.03%
	ESAB	C	0.03%
	GNTX	C	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	RRC	B	0.03%
	SNV	C	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	C	0.03%
	HII	F	0.03%
	COLD	D	0.03%
	ADC	A	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	CBSH	B	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	ACI	C	0.03%
	BWA	D	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	C	0.03%
	RL	C	0.03%
	RBC	A	0.03%
	OGE	A	0.03%
	PNFP	B	0.03%
	BERY	C	0.03%
	BRX	A	0.03%
	FMC	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KNX	C	0.03%
	GMED	A	0.03%
	EGP	D	0.03%
	RIVN	F	0.03%
	GME	C	0.03%
	AXTA	B	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	TTC	C	0.03%
	CMA	B	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	CZR	F	0.03%
	ORI	A	0.03%
	X	B	0.03%
	SNX	D	0.03%
	INGR	C	0.03%
	KMPR	A	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	AN	C	0.02%
	GTES	A	0.02%
	W	D	0.02%
	FLO	D	0.02%
	GAP	C	0.02%
	M	F	0.02%
	ASH	F	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	AGO	B	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	RYN	D	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	B	0.02%
	SLM	A	0.02%
	BYD	B	0.02%
	HXL	F	0.02%
	OLN	F	0.02%
	AVT	C	0.02%
	OGN	F	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	UGI	C	0.02%
	ZG	A	0.02%
	SON	F	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	B	0.02%
	TKR	D	0.02%
	POST	C	0.02%
	BC	C	0.02%
	LEA	F	0.02%
	PVH	C	0.02%
	WHR	B	0.02%
	NFG	A	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	SRCL	B	0.02%
	VNT	C	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	C	0.02%
	BEN	C	0.02%
	COLB	B	0.02%
	LFUS	D	0.02%
	ALK	B	0.02%
	ESI	B	0.02%
	AXS	A	0.02%
	DINO	D	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	F	0.02%
	STWD	C	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%
	GO	C	0.01%
	REYN	D	0.01%
	LEG	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	LEN	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	CRI	F	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	KSS	F	0.01%
	AAP	D	0.01%
	AZTA	D	0.01%
	LCID	F	0.01%
	IPGP	D	0.01%
	RKT	F	0.01%
	RCM	A	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	D	0.01%
	ADTN	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	C	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	SPB	C	0.01%
	CWEN	C	0.01%
	VIRT	A	0.01%
	AGR	A	0.01%
	ALGM	D	0.01%
	CXT	C	0.01%
	VAC	C	0.01%
	CLVT	D	0.01%
	COLM	C	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	C	0.01%
	NSA	C	0.01%
	BHF	C	0.01%
	MAN	F	0.01%
	PENN	C	0.01%
	AMED	F	0.01%
	FHB	B	0.01%
	TNL	A	0.01%
	NWS	A	0.01%
	EPR	C	0.01%
	ZI	D	0.01%
	PRGO	C	0.01%
	HIW	C	0.01%
	DXC	B	0.01%
	IAC	F	0.01%
	NEU	D	0.01%
	PII	F	0.01%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	HUN	F	0.01%
	NWL	C	0.01%
	SMG	C	0.01%
	SEG	B	0.0%
	PLTK	B	0.0%
	TFSL	A	0.0%
	SEB	F	0.0%
	CWEN	C	0.0%
	CNA	C	0.0%
	DDS	B	0.0%
	CERT	F	0.0%

VONV Underweight 136 Positions Relative to VONG

	Symbol	Grade	Weight
	AAPL	C	-12.29%
	MSFT	D	-11.61%
	NVDA	B	-10.31%
	AMZN	C	-6.28%
	META	D	-4.55%
	GOOGL	C	-3.54%
	GOOG	C	-2.99%
	AVGO	D	-2.85%
	TSLA	B	-2.64%
	LLY	F	-2.57%
	V	A	-1.57%
	MA	B	-1.48%
	COST	A	-1.43%
	NFLX	A	-1.1%
	MRK	D	-1.04%
	ORCL	A	-0.97%
	ADBE	C	-0.83%
	NOW	A	-0.67%
	ISRG	A	-0.63%
	INTU	B	-0.62%
	UBER	F	-0.55%
	BX	A	-0.39%
	AMT	C	-0.39%
	KLAC	F	-0.38%
	PANW	B	-0.38%
	ANET	C	-0.36%
	WM	B	-0.3%
	CMG	B	-0.29%
	SNPS	B	-0.28%
	CDNS	B	-0.27%
	PLTR	B	-0.27%
	MCO	B	-0.27%
	CRWD	B	-0.23%
	ADSK	A	-0.22%
	SPOT	B	-0.2%
	ABNB	C	-0.2%
	WDAY	B	-0.19%
	TTD	B	-0.18%
	MPWR	F	-0.16%
	NU	C	-0.16%
	VST	A	-0.15%
	IDXX	F	-0.15%
	COR	B	-0.14%
	VRSK	A	-0.14%
	IT	C	-0.14%
	ODFL	C	-0.14%
	VRT	B	-0.13%
	SNOW	B	-0.13%
	TRGP	A	-0.12%
	LULU	C	-0.12%
	APP	B	-0.12%
	DDOG	A	-0.12%
	VEEV	C	-0.11%
	TSCO	D	-0.11%
	DXCM	C	-0.1%
	CPNG	D	-0.1%
	ARES	A	-0.1%
	AXON	A	-0.1%
	DECK	A	-0.09%
	NET	B	-0.09%
	TEAM	A	-0.09%
	HUBS	A	-0.09%
	BAH	F	-0.08%
	CPAY	A	-0.08%
	GDDY	A	-0.08%
	RBLX	C	-0.08%
	EXPE	B	-0.07%
	MDB	B	-0.07%
	LII	A	-0.07%
	PINS	F	-0.07%
	CLX	A	-0.07%
	SMCI	F	-0.07%
	ZS	B	-0.06%
	DT	D	-0.06%
	PODD	C	-0.06%
	HEI	A	-0.06%
	TPL	A	-0.06%
	BURL	B	-0.06%
	ENTG	D	-0.06%
	MANH	D	-0.06%
	LYV	A	-0.06%
	LPLA	A	-0.06%
	DKNG	B	-0.06%
	LVS	B	-0.06%
	TOST	B	-0.05%
	DOCU	B	-0.05%
	FIX	A	-0.05%
	EQH	C	-0.05%
	POOL	C	-0.05%
	ROL	B	-0.05%
	NTRA	A	-0.05%
	ENPH	F	-0.05%
	OWL	A	-0.04%
	SCCO	F	-0.04%
	KNSL	B	-0.04%
	DUOL	A	-0.04%
	SRPT	F	-0.04%
	NBIX	C	-0.04%
	HEI	A	-0.04%
	TXRH	B	-0.04%
	WING	D	-0.04%
	XPO	B	-0.04%
	BSY	F	-0.03%
	PEN	B	-0.03%
	TREX	C	-0.03%
	PCTY	C	-0.03%
	AAON	B	-0.03%
	SMAR	B	-0.03%
	ITCI	C	-0.03%
	LNW	F	-0.03%
	DVA	C	-0.03%
	MEDP	D	-0.03%
	MORN	B	-0.03%
	NCLH	B	-0.03%
	MUSA	B	-0.03%
	TPX	B	-0.03%
	CHDN	B	-0.03%
	RARE	F	-0.02%
	CFLT	B	-0.02%
	APPF	B	-0.02%
	VVV	D	-0.02%
	FOUR	A	-0.02%
	CELH	F	-0.02%
	ELF	C	-0.02%
	GTLB	B	-0.02%
	WFRD	D	-0.02%
	INSP	D	-0.02%
	ESTC	C	-0.02%
	PCOR	B	-0.02%
	VKTX	F	-0.02%
	RYAN	A	-0.02%
	FIVN	C	-0.01%
	RNG	C	-0.01%
	TDC	D	-0.01%
	APLS	F	-0.01%
	PEGA	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

VONG: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Business Services Specialty Retail Capital Markets Restaurants Building Materials Asset Management Diagnostics & Research Semiconductors Aerospace & Defense Diversified Industrials Internet Content & Information Leisure Semiconductor Equipment & Materials Credit Services Household & Personal Products Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Dow Jones Component Medicine Software Insurance Software As A Service Work From Home Cloud Infrastructure Electronics Mobile Devices Natural Gas Semiconductor Operating System Telecommunications Payment Systems Retailing