VONV vs. VUG ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Growth ETF - DNQ (VUG)

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

VUG

Vanguard Growth ETF - DNQ

VUG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Growth Index, a broadly diversified index predominantly made up of growth stocks of large U.S. companies. 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

$382.04

Average Daily Volume

1,013,793

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VUG
30 Days	3.44%	1.26%
60 Days	5.25%	2.94%
90 Days	8.24%	2.44%
12 Months	23.07%	37.81%

109 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in VUG	Overlap
	A	C	0.17%	0.09%	0.09%
	ACN	C	0.86%	0.43%	0.43%
	ADP	B	0.03%	0.44%	0.03%
	ALB	D	0.04%	0.03%	0.03%
	ALGN	D	0.03%	0.08%	0.03%
	ALNY	C	0.01%	0.14%	0.01%
	AMAT	D	0.05%	0.71%	0.05%
	AMD	D	0.33%	0.94%	0.33%
	ANSS	D	0.11%	0.12%	0.11%
	AON	B	0.27%	0.15%	0.15%
	APH	D	0.13%	0.32%	0.13%
	APO	C	0.06%	0.21%	0.06%
	APTV	D	0.08%	0.08%	0.08%
	AZO	D	0.02%	0.23%	0.02%
	BA	F	0.34%	0.48%	0.34%
	BKNG	C	0.03%	0.51%	0.03%
	BKR	C	0.14%	0.09%	0.09%
	BMRN	F	0.07%	0.08%	0.07%
	BR	D	0.01%	0.11%	0.01%
	BRO	C	0.06%	0.06%	0.06%
	BSX	B	0.48%	0.44%	0.44%
	CHD	D	0.1%	0.11%	0.1%
	CL	D	0.16%	0.17%	0.16%
	COIN	F	0.02%	0.18%	0.02%
	CPRT	D	0.01%	0.19%	0.01%
	CRM	D	0.14%	0.96%	0.14%
	CSGP	D	0.13%	0.14%	0.13%
	CTAS	B	0.01%	0.28%	0.01%
	CTRA	D	0.07%	0.05%	0.05%
	DASH	C	0.02%	0.15%	0.02%
	DIS	D	0.67%	0.35%	0.35%
	DPZ	F	0.04%	0.07%	0.04%
	ECL	B	0.03%	0.25%	0.03%
	EFX	B	0.12%	0.15%	0.12%
	EL	F	0.05%	0.1%	0.05%
	EPAM	F	0.04%	0.03%	0.03%
	EQIX	C	0.3%	0.31%	0.3%
	EQT	D	0.07%	0.05%	0.05%
	EW	F	0.14%	0.16%	0.14%
	FANG	D	0.14%	0.16%	0.14%
	FAST	C	0.02%	0.17%	0.02%
	FDS	C	0.04%	0.07%	0.04%
	FICO	B	0.03%	0.16%	0.03%
	FSLR	C	0.1%	0.1%	0.1%
	FTNT	C	0.04%	0.15%	0.04%
	GE	B	0.6%	0.36%	0.36%
	GEV	B	0.22%	0.11%	0.11%
	GWW	B	0.02%	0.18%	0.02%
	HAL	F	0.11%	0.07%	0.07%
	HES	F	0.05%	0.19%	0.05%
	HLT	B	0.11%	0.23%	0.11%
	HSY	C	0.1%	0.13%	0.1%
	HWM	B	0.15%	0.09%	0.09%
	IBKR	B	0.05%	0.04%	0.04%
	ILMN	C	0.08%	0.09%	0.08%
	INCY	C	0.05%	0.05%	0.05%
	JBHT	D	0.06%	0.07%	0.06%
	LIN	B	0.92%	0.88%	0.88%
	LNG	C	0.08%	0.09%	0.08%
	LW	D	0.02%	0.03%	0.02%
	MAR	C	0.22%	0.22%	0.22%
	MCD	B	0.78%	0.77%	0.77%
	MLM	D	0.12%	0.09%	0.09%
	MNST	D	0.03%	0.16%	0.03%
	MRNA	F	0.1%	0.17%	0.1%
	MRVL	C	0.24%	0.24%	0.24%
	MSCI	C	0.08%	0.17%	0.08%
	MSI	B	0.15%	0.14%	0.14%
	MSTR	D	0.08%	0.06%	0.06%
	MTD	D	0.12%	0.14%	0.12%
	NKE	D	0.15%	0.37%	0.15%
	O	C	0.21%	0.11%	0.11%
	OKTA	F	0.03%	0.07%	0.03%
	ON	D	0.13%	0.08%	0.08%
	ORLY	C	0.02%	0.28%	0.02%
	PAYX	C	0.11%	0.18%	0.11%
	PWR	B	0.11%	0.17%	0.11%
	RCL	B	0.1%	0.08%	0.08%
	RMD	C	0.1%	0.14%	0.1%
	ROK	D	0.11%	0.08%	0.08%
	ROP	C	0.24%	0.24%	0.24%
	ROST	C	0.15%	0.2%	0.15%
	SBAC	C	0.1%	0.11%	0.1%
	SBUX	C	0.1%	0.36%	0.1%
	SHW	B	0.03%	0.33%	0.03%
	SLB	F	0.25%	0.15%	0.15%
	SPGI	B	0.64%	0.63%	0.63%
	SQ	D	0.09%	0.15%	0.09%
	STE	C	0.1%	0.06%	0.06%
	SUI	B	0.07%	0.08%	0.07%
	SYK	C	0.37%	0.46%	0.37%
	TDG	B	0.24%	0.29%	0.24%
	TER	D	0.01%	0.09%	0.01%
	TJX	B	0.22%	0.52%	0.22%
	TMUS	C	0.39%	0.39%	0.39%
	TTWO	C	0.11%	0.11%	0.11%
	TW	B	0.03%	0.06%	0.03%
	TXN	C	0.69%	0.75%	0.69%
	TYL	C	0.02%	0.11%	0.02%
	ULTA	D	0.01%	0.08%	0.01%
	VLTO	C	0.06%	0.06%	0.06%
	VMC	D	0.1%	0.16%	0.1%
	VRSN	D	0.06%	0.08%	0.06%
	VRTX	D	0.26%	0.52%	0.26%
	WAT	C	0.03%	0.09%	0.03%
	WELL	C	0.29%	0.28%	0.28%
	WST	D	0.04%	0.1%	0.04%
	YUM	D	0.09%	0.16%	0.09%
	ZTS	C	0.06%	0.31%	0.06%

VONV Overweight 730 Positions Relative to VUG

	Symbol	Grade	Weight
	BRK.A	C	3.5%
	JPM	D	2.59%
	XOM	C	2.12%
	UNH	C	2.03%
	JNJ	C	1.61%
	WMT	C	1.35%
	PG	C	1.26%
	BAC	D	1.11%
	CVX	D	1.02%
	TMO	B	0.94%
	WFC	D	0.82%
	CSCO	C	0.82%
	ABT	C	0.79%
	ABBV	C	0.79%
	PM	C	0.77%
	IBM	B	0.74%
	DHR	B	0.72%
	VZ	B	0.71%
	RTX	C	0.66%
	PFE	C	0.66%
	NEE	C	0.66%
	CMCSA	D	0.62%
	CAT	B	0.6%
	LOW	B	0.57%
	T	C	0.57%
	COP	D	0.54%
	BLK	B	0.53%
	ETN	C	0.49%
	C	C	0.48%
	KO	C	0.48%
	ADI	C	0.47%
	GS	C	0.47%
	MDT	C	0.47%
	PLD	C	0.47%
	REGN	C	0.46%
	HON	D	0.46%
	CB	B	0.46%
	MS	D	0.45%
	ELV	C	0.44%
	MU	F	0.43%
	BMY	C	0.41%
	GILD	B	0.4%
	MDLZ	B	0.39%
	MMC	C	0.39%
	DE	B	0.39%
	UPS	D	0.38%
	INTC	F	0.38%
	SO	B	0.38%
	CI	C	0.37%
	AXP	B	0.37%
	ICE	C	0.37%
	MO	C	0.37%
	SCHW	D	0.35%
	DUK	C	0.35%
	UNP	C	0.33%
	GD	B	0.33%
	LMT	C	0.33%
	PH	B	0.31%
	USB	B	0.3%
	HD	B	0.3%
	EOG	D	0.3%
	PYPL	B	0.3%
	TGT	C	0.29%
	CVS	D	0.29%
	NOC	B	0.29%
	PNC	B	0.29%
	BDX	D	0.28%
	CSX	D	0.27%
	FDX	C	0.27%
	NEM	B	0.25%
	APD	B	0.25%
	MPC	F	0.25%
	AFL	C	0.25%
	FCX	D	0.25%
	AJG	D	0.24%
	TFC	C	0.24%
	KKR	B	0.24%
	PSX	F	0.24%
	EMR	D	0.24%
	MMM	B	0.24%
	GM	C	0.23%
	HCA	B	0.23%
	NSC	C	0.23%
	OKE	B	0.22%
	TT	B	0.22%
	COF	B	0.22%
	WMB	B	0.22%
	DHI	B	0.22%
	AIG	D	0.21%
	SRE	C	0.21%
	CEG	C	0.21%
	TRV	C	0.21%
	AEP	C	0.21%
	CCI	C	0.2%
	DLR	B	0.2%
	CARR	B	0.2%
	PCAR	D	0.2%
	PEP	C	0.2%
	BK	B	0.2%
	MET	B	0.19%
	FIS	B	0.19%
	D	C	0.19%
	ITW	C	0.19%
	VLO	F	0.19%
	F	F	0.18%
	LEN	B	0.18%
	LHX	C	0.18%
	PSA	B	0.18%
	JCI	B	0.17%
	KMI	B	0.17%
	ALL	B	0.17%
	MCK	F	0.17%
	KVUE	C	0.17%
	CNC	D	0.17%
	PCG	C	0.17%
	HUM	F	0.17%
	CMI	C	0.17%
	RSG	D	0.17%
	PRU	C	0.17%
	MCHP	F	0.17%
	CTSH	C	0.16%
	KDP	B	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%
	ACGL	C	0.16%
	GIS	B	0.16%
	NUE	F	0.15%
	IR	C	0.15%
	EXR	B	0.15%
	URI	B	0.15%
	DOW	D	0.15%
	OXY	F	0.15%
	EXC	C	0.15%
	OTIS	C	0.15%
	STZ	D	0.15%
	XEL	B	0.14%
	HIG	B	0.14%
	DFS	B	0.14%
	VICI	C	0.14%
	ED	C	0.14%
	DD	B	0.14%
	CBRE	A	0.14%
	KR	C	0.14%
	KHC	C	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%
	FITB	B	0.12%
	WEC	C	0.12%
	WAB	B	0.12%
	NDAQ	A	0.12%
	BIIB	F	0.12%
	WTW	C	0.12%
	EBAY	B	0.12%
	ADM	D	0.12%
	PPG	D	0.12%
	STT	A	0.11%
	IFF	B	0.11%
	HPQ	D	0.11%
	KEYS	C	0.11%
	NVR	B	0.11%
	DAL	C	0.11%
	PHM	B	0.11%
	AWK	B	0.11%
	DVN	F	0.11%
	GPN	D	0.11%
	EQR	B	0.11%
	GRMN	D	0.11%
	MTB	B	0.11%
	KMB	D	0.11%
	ES	C	0.1%
	DELL	D	0.1%
	FCNCA	D	0.1%
	VTR	C	0.1%
	HPE	D	0.1%
	FE	C	0.1%
	DOV	B	0.1%
	LYB	D	0.1%
	ETR	B	0.1%
	DTE	C	0.1%
	FTV	C	0.1%
	LDOS	B	0.09%
	HUBB	B	0.09%
	WDC	D	0.09%
	RF	B	0.09%
	HBAN	B	0.09%
	BBY	C	0.09%
	CBOE	C	0.09%
	AEE	C	0.09%
	WY	C	0.09%
	INVH	C	0.09%
	RJF	C	0.09%
	PGR	B	0.09%
	TROW	D	0.09%
	PPL	C	0.09%
	ZBH	F	0.09%
	HOLX	B	0.08%
	J	C	0.08%
	MAA	B	0.08%
	BLDR	C	0.08%
	PFG	B	0.08%
	WBD	D	0.08%
	ESS	B	0.08%
	BAX	C	0.08%
	OMC	B	0.08%
	ATO	B	0.08%
	CFG	C	0.08%
	BALL	C	0.08%
	GPC	D	0.08%
	SYF	C	0.08%
	MKC	C	0.08%
	CMS	C	0.08%
	TDY	B	0.08%
	ARE	C	0.08%
	CINF	B	0.08%
	K	B	0.08%
	RS	D	0.07%
	MRO	C	0.07%
	WSO	C	0.07%
	AMCR	B	0.07%
	CCL	C	0.07%
	IP	B	0.07%
	ZM	C	0.07%
	LUV	C	0.07%
	CNP	C	0.07%
	DLTR	F	0.07%
	TXT	D	0.07%
	DGX	B	0.07%
	CSL	B	0.07%
	MAS	B	0.07%
	AVTR	B	0.07%
	SWKS	D	0.07%
	TRU	B	0.07%
	STLD	F	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%
	UHS	B	0.06%
	TRMB	C	0.06%
	ZBRA	B	0.06%
	GGG	C	0.06%
	EG	C	0.06%
	IRM	C	0.06%
	BG	D	0.06%
	VTRS	D	0.06%
	UAL	C	0.06%
	RGA	C	0.06%
	NDSN	C	0.06%
	OC	D	0.06%
	EXPD	C	0.06%
	UDR	C	0.06%
	PNR	B	0.06%
	SNA	C	0.06%
	SYY	D	0.06%
	NI	B	0.06%
	L	C	0.06%
	CAG	C	0.06%
	TOL	B	0.06%
	LNT	B	0.06%
	CDW	D	0.06%
	FNF	B	0.06%
	AKAM	D	0.06%
	KIM	C	0.06%
	CF	C	0.06%
	IEX	D	0.06%
	MKL	C	0.06%
	SWK	B	0.06%
	RBA	B	0.06%
	KEY	B	0.06%
	DOC	C	0.06%
	UTHR	C	0.06%
	THC	A	0.06%
	SSNC	B	0.06%
	NVT	D	0.05%
	RPRX	C	0.05%
	RPM	B	0.05%
	ITT	B	0.05%
	BLD	D	0.05%
	OVV	F	0.05%
	TECH	C	0.05%
	FTI	D	0.05%
	TFX	C	0.05%
	EWBC	D	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%
	EMN	B	0.05%
	CW	B	0.05%
	ALLE	B	0.05%
	SW	B	0.05%
	QCOM	D	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%
	RNR	C	0.05%
	REG	C	0.05%
	HOOD	C	0.05%
	ELS	C	0.05%
	AMH	C	0.05%
	GLPI	C	0.05%
	USFD	B	0.05%
	ACM	B	0.05%
	DCI	C	0.04%
	SF	A	0.04%
	TWLO	D	0.04%
	WAL	B	0.04%
	CG	D	0.04%
	EVR	A	0.04%
	INGR	B	0.04%
	NYT	C	0.04%
	DRI	B	0.04%
	SOLV	C	0.04%
	EGP	B	0.04%
	MKTX	C	0.04%
	HSIC	C	0.04%
	CNH	D	0.04%
	ORI	B	0.04%
	FHN	D	0.04%
	GPK	B	0.04%
	PRI	B	0.04%
	SNX	D	0.04%
	MOS	F	0.04%
	MGM	F	0.04%
	CHRD	F	0.04%
	EHC	C	0.04%
	RGLD	C	0.04%
	TPR	C	0.04%
	HRL	C	0.04%
	TAP	D	0.04%
	FRT	C	0.04%
	CPB	C	0.04%
	AFG	B	0.04%
	ARMK	B	0.04%
	TTC	D	0.04%
	GL	C	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%
	ALLY	F	0.04%
	COHR	C	0.04%
	APA	F	0.04%
	CVNA	B	0.04%
	BJ	D	0.04%
	CCK	A	0.04%
	UNM	B	0.04%
	NRG	C	0.04%
	CACI	B	0.04%
	NWSA	D	0.04%
	CE	F	0.04%
	REXR	C	0.04%
	NTNX	C	0.04%
	CTLT	B	0.04%
	EME	B	0.04%
	LKQ	F	0.04%
	AVY	C	0.04%
	CASY	D	0.04%
	RRX	C	0.04%
	CAH	C	0.04%
	QRVO	F	0.04%
	SCI	B	0.04%
	HII	D	0.04%
	IVZ	B	0.03%
	R	A	0.03%
	GME	F	0.03%
	PARA	F	0.03%
	VFC	C	0.03%
	FAF	B	0.03%
	RHI	D	0.03%
	AAL	D	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%
	BPOP	C	0.03%
	Z	B	0.03%
	LEA	F	0.03%
	RL	C	0.03%
	PB	B	0.03%
	CFR	C	0.03%
	DAR	F	0.03%
	WBA	F	0.03%
	LFUS	C	0.03%
	GWRE	A	0.03%
	SAIC	C	0.03%
	SNV	C	0.03%
	XP	D	0.03%
	MSA	D	0.03%
	MTG	B	0.03%
	EXAS	C	0.03%
	SEIC	C	0.03%
	BFAM	C	0.03%
	G	C	0.03%
	BBWI	F	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%
	PR	F	0.03%
	JAZZ	D	0.03%
	FYBR	C	0.03%
	HRB	C	0.03%
	WTFC	B	0.03%
	RRC	D	0.03%
	MTZ	B	0.03%
	AGNC	B	0.03%
	CROX	D	0.03%
	ZION	D	0.03%
	VOYA	B	0.03%
	RGEN	F	0.03%
	WCC	D	0.03%
	WEX	C	0.03%
	ADC	C	0.03%
	GNTX	F	0.03%
	WYNN	D	0.03%
	ROKU	C	0.03%
	ARW	C	0.03%
	BRBR	C	0.03%
	HLI	B	0.03%
	STAG	C	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%
	PNFP	B	0.03%
	CRBG	D	0.03%
	CMA	B	0.03%
	DAY	D	0.03%
	ELAN	D	0.03%
	CBSH	C	0.03%
	DTM	B	0.03%
	LECO	F	0.03%
	CR	C	0.03%
	JEF	B	0.03%
	ONTO	D	0.03%
	CHE	C	0.03%
	AR	F	0.03%
	BWA	D	0.03%
	CRUS	D	0.03%
	AYI	B	0.03%
	ATI	C	0.03%
	OGE	C	0.03%
	COKE	C	0.03%
	DINO	F	0.03%
	BERY	B	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%
	WBS	D	0.03%
	CZR	C	0.03%
	ALSN	B	0.03%
	GMED	D	0.03%
	LAD	D	0.03%
	LAMR	B	0.03%
	KNX	C	0.03%
	ACI	F	0.03%
	BRX	B	0.03%
	MHK	C	0.03%
	COLD	D	0.03%
	CIEN	C	0.03%
	JLL	B	0.03%
	PTC	D	0.03%
	KBR	D	0.03%
	SKX	D	0.03%
	X	F	0.03%
	RBC	C	0.03%
	NNN	C	0.03%
	DXC	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%
	PRGO	D	0.02%
	AMP	A	0.02%
	SITE	C	0.02%
	CPRI	D	0.02%
	DOCS	B	0.02%
	CLF	F	0.02%
	BYD	C	0.02%
	UHAL	A	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	BILL	D	0.02%
	KRC	B	0.02%
	AGO	C	0.02%
	M	F	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	SLGN	B	0.02%
	FLO	C	0.02%
	DBX	D	0.02%
	PSN	B	0.02%
	PII	D	0.02%
	CIVI	F	0.02%
	OLED	C	0.02%
	ASH	D	0.02%
	GAP	F	0.02%
	HOG	C	0.02%
	ALK	C	0.02%
	S	C	0.02%
	RYN	C	0.02%
	GFS	F	0.02%
	AN	D	0.02%
	OZK	D	0.02%
	WTM	D	0.02%
	EEFT	D	0.02%
	GNRC	D	0.02%
	ZG	B	0.02%
	AL	D	0.02%
	SEE	D	0.02%
	SLM	D	0.02%
	WLK	D	0.02%
	JHG	B	0.02%
	AVT	C	0.02%
	WSC	D	0.02%
	FOX	B	0.02%
	SN	B	0.02%
	IDA	C	0.02%
	OLN	D	0.02%
	MDU	C	0.02%
	XRAY	D	0.02%
	HXL	F	0.02%
	THG	B	0.02%
	COLB	B	0.02%
	UGI	C	0.02%
	WHR	D	0.02%
	FNB	C	0.02%
	BC	C	0.02%
	KD	D	0.02%
	VNT	F	0.02%
	NFG	B	0.02%
	THO	D	0.02%
	TKR	D	0.02%
	OLLI	C	0.02%
	SRCL	A	0.02%
	LBRDK	F	0.02%
	LNC	D	0.02%
	SON	C	0.02%
	AMG	C	0.02%
	OMF	D	0.02%
	WH	B	0.02%
	PVH	F	0.02%
	AGCO	D	0.02%
	H	C	0.02%
	VMI	D	0.02%
	POST	C	0.02%
	BEN	F	0.02%
	OGN	D	0.02%
	ST	D	0.02%
	GXO	D	0.02%
	ESAB	C	0.02%
	RLI	B	0.02%
	ESI	D	0.02%
	VNO	B	0.02%
	MTSI	D	0.02%
	MTDR	F	0.02%
	STWD	B	0.02%
	AXS	B	0.02%
	SNDR	B	0.01%
	LYFT	D	0.01%
	CERT	F	0.01%
	WEN	C	0.01%
	TRIP	F	0.01%
	INFA	D	0.01%
	LEG	D	0.01%
	MP	D	0.01%
	UAA	C	0.01%
	REYN	C	0.01%
	BROS	D	0.01%
	PPC	D	0.01%
	LEN	B	0.01%
	AZEK	C	0.01%
	GO	F	0.01%
	ALGM	F	0.01%
	VSTS	D	0.01%
	FTRE	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%
	RCM	C	0.01%
	ETSY	F	0.01%
	JWN	C	0.01%
	HHH	C	0.01%
	CRI	D	0.01%
	BOKF	B	0.01%
	YETI	D	0.01%
	PINC	C	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%
	VAC	F	0.01%
	MPW	C	0.01%
	AAP	F	0.01%
	CC	F	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%
	PENN	D	0.01%
	IRDM	D	0.01%
	BHF	F	0.01%
	LOPE	D	0.01%
	CACC	F	0.01%
	NWL	C	0.01%
	SMG	C	0.01%
	RH	B	0.01%
	TNL	D	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%
	NVST	D	0.01%
	PK	D	0.01%
	TPG	B	0.01%
	PLNT	B	0.01%
	NXST	D	0.01%
	NWS	D	0.01%
	NSA	B	0.01%
	HIW	B	0.01%
	WU	F	0.01%
	MAN	C	0.01%
	EPR	B	0.01%
	MSGS	B	0.01%
	LCID	C	0.01%
	SPR	D	0.01%
	CNXC	F	0.01%
	HUN	D	0.01%
	DNB	C	0.01%
	AWI	B	0.01%
	COTY	F	0.01%
	AMKR	F	0.01%
	GTES	C	0.01%
	UHAL	A	0.0%
	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%
	PLTK	C	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%
	SEB	D	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%
	CNA	C	0.0%
	HAS	B	0.0%
	UA	D	0.0%
	WOLF	F	0.0%
	EXEL	C	0.0%
	DV	F	0.0%

VONV Underweight 72 Positions Relative to VUG

	Symbol	Grade	Weight
	AAPL	C	-12.89%
	MSFT	C	-12.39%
	NVDA	D	-10.9%
	AMZN	C	-4.87%
	META	B	-4.15%
	GOOGL	D	-4.02%
	GOOG	D	-3.3%
	LLY	C	-2.75%
	TSLA	C	-2.52%
	V	C	-1.63%
	MA	B	-1.54%
	COST	B	-1.46%
	NFLX	B	-1.09%
	ADBE	F	-1.0%
	INTU	C	-0.7%
	NOW	B	-0.68%
	ISRG	B	-0.64%
	UBER	C	-0.52%
	LRCX	F	-0.49%
	KLAC	D	-0.45%
	PANW	D	-0.43%
	BX	B	-0.42%
	AMT	C	-0.42%
	ANET	B	-0.36%
	SNPS	D	-0.35%
	CMG	C	-0.31%
	CDNS	D	-0.3%
	MCO	B	-0.29%
	PLTR	B	-0.23%
	ABNB	D	-0.23%
	CRWD	D	-0.22%
	ADSK	C	-0.22%
	WDAY	D	-0.2%
	WCN	D	-0.19%
	ODFL	D	-0.18%
	SNOW	F	-0.17%
	IDXX	C	-0.17%
	TTD	B	-0.17%
	MPWR	C	-0.17%
	VRSK	D	-0.16%
	IT	B	-0.16%
	SMCI	F	-0.15%
	DDOG	D	-0.14%
	LULU	D	-0.13%
	VRT	C	-0.12%
	VEEV	C	-0.12%
	TEAM	D	-0.12%
	ARES	B	-0.12%
	HUBS	D	-0.11%
	DXCM	F	-0.11%
	RBLX	B	-0.1%
	NET	D	-0.1%
	ZS	F	-0.08%
	EXPE	C	-0.08%
	BURL	B	-0.08%
	MDB	D	-0.08%
	PINS	F	-0.08%
	ROL	C	-0.07%
	TSCO	C	-0.07%
	LVS	D	-0.07%
	ENPH	D	-0.07%
	LYV	B	-0.07%
	LPLA	D	-0.07%
	HEI	B	-0.06%
	SNAP	F	-0.06%
	TPL	B	-0.05%
	GDDY	C	-0.05%
	STX	C	-0.05%
	PODD	B	-0.04%
	BSY	D	-0.04%
	HEI	B	-0.04%
	WMG	D	-0.03%

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

VUG: Top Represented Industries & Keywords

Industries: Software - Application Business Services Capital Markets Internet Content & Information Diagnostics & Research Semiconductors Software - Infrastructure Biotechnology Medical Devices Restaurants Semiconductor Equipment & Materials Specialty Retail Medical Instruments & Supplies Oil & Gas E&P Specialty Chemicals Aerospace & Defense Apparel Stores Asset Management Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Computing IBD 50 Cloud Computing Electronics Chemical Semiconductor Smartphones Work From Home Dow Jones Component Integrated Circuits Mobile Devices Software Software As A Service Cloud Infrastructure Medicine Aerospace Natural Gas Retailing