VTWG vs. RWJ ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to RevenueShares Small Cap (RWJ)

VTWG

Vanguard Russell 2000 Growth ETF

VTWG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 2000® Growth Index. The index is designed to measure the performance of small-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

$207.07

Average Daily Volume

45,122

Number of Holdings ^*

970

* may have additional holdings in another (foreign) market

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$45.96

Average Daily Volume

122,466

Number of Holdings ^*

572

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	RWJ
30 Days	1.55%	2.43%
60 Days	0.97%	6.24%
90 Days	7.99%	12.72%
12 Months	22.56%	22.38%

283 Overlapping Holdings

	Symbol	Grade	Weight in VTWG	Weight in RWJ	Overlap
	ACIW	B	0.39%	0.14%	0.14%
	ACLS	F	0.26%	0.06%	0.06%
	ADUS	B	0.06%	0.08%	0.06%
	AEIS	D	0.29%	0.1%	0.1%
	AEO	D	0.22%	0.35%	0.22%
	AGYS	D	0.19%	0.02%	0.02%
	AHCO	B	0.04%	0.22%	0.04%
	AHH	B	0.0%	0.05%	0.0%
	AIN	D	0.05%	0.08%	0.05%
	AIR	C	0.03%	0.15%	0.03%
	ALG	D	0.14%	0.12%	0.12%
	ALKS	C	0.36%	0.13%	0.13%
	ALRM	F	0.21%	0.05%	0.05%
	AMN	F	0.15%	0.19%	0.15%
	AMPH	C	0.14%	0.05%	0.05%
	AMR	F	0.2%	0.17%	0.17%
	AMSF	C	0.03%	0.02%	0.02%
	AMWD	C	0.01%	0.14%	0.01%
	ANDE	D	0.01%	0.92%	0.01%
	ANIP	D	0.06%	0.03%	0.03%
	APAM	C	0.19%	0.08%	0.08%
	APOG	B	0.03%	0.1%	0.03%
	ARCB	D	0.19%	0.29%	0.19%
	ARLO	F	0.08%	0.03%	0.03%
	AROC	C	0.23%	0.07%	0.07%
	ASO	C	0.08%	0.47%	0.08%
	ASTH	B	0.15%	0.13%	0.13%
	ATEN	C	0.07%	0.02%	0.02%
	ATGE	D	0.04%	0.12%	0.04%
	AVAV	D	0.4%	0.04%	0.04%
	AWR	B	0.13%	0.05%	0.05%
	AX	D	0.03%	0.14%	0.03%
	AZZ	C	0.15%	0.1%	0.1%
	BANF	B	0.02%	0.07%	0.02%
	BCC	C	0.19%	0.49%	0.19%
	BCPC	C	0.43%	0.07%	0.07%
	BFS	C	0.03%	0.02%	0.02%
	BJRI	D	0.02%	0.08%	0.02%
	BKE	B	0.1%	0.1%	0.1%
	BL	D	0.21%	0.05%	0.05%
	BLFS	D	0.06%	0.01%	0.01%
	BLMN	F	0.05%	0.28%	0.05%
	BMI	B	0.45%	0.06%	0.06%
	BOOT	B	0.29%	0.14%	0.14%
	BOX	B	0.34%	0.09%	0.09%
	BSIG	B	0.05%	0.03%	0.03%
	CAKE	C	0.14%	0.23%	0.14%
	CAL	F	0.03%	0.17%	0.03%
	CALM	B	0.01%	0.2%	0.01%
	CALX	D	0.12%	0.07%	0.07%
	CARG	B	0.19%	0.07%	0.07%
	CASH	B	0.04%	0.07%	0.04%
	CBRL	D	0.01%	0.2%	0.01%
	CCOI	C	0.23%	0.1%	0.1%
	CCS	B	0.03%	0.33%	0.03%
	CENT	D	0.0%	0.11%	0.0%
	CENTA	D	0.02%	0.11%	0.02%
	CENX	D	0.06%	0.13%	0.06%
	CEVA	C	0.04%	0.01%	0.01%
	CHCO	B	0.01%	0.03%	0.01%
	CHCT	F	0.0%	0.01%	0.0%
	CHEF	C	0.11%	0.26%	0.11%
	CLB	D	0.07%	0.03%	0.03%
	CNK	B	0.18%	0.33%	0.18%
	CNMD	D	0.17%	0.09%	0.09%
	CNS	B	0.18%	0.04%	0.04%
	COLL	B	0.09%	0.05%	0.05%
	COOP	B	0.16%	0.16%	0.16%
	CORT	B	0.21%	0.04%	0.04%
	CPRX	B	0.18%	0.04%	0.04%
	CRS	B	0.51%	0.27%	0.27%
	CRSR	F	0.0%	0.05%	0.0%
	CRVL	B	0.21%	0.07%	0.07%
	CSGS	C	0.11%	0.09%	0.09%
	CTRE	B	0.02%	0.02%	0.02%
	CTS	D	0.09%	0.03%	0.03%
	CVCO	B	0.26%	0.15%	0.15%
	CVGW	C	0.0%	0.07%	0.0%
	CVI	F	0.06%	0.5%	0.06%
	CWT	C	0.06%	0.07%	0.06%
	CXM	F	0.07%	0.05%	0.05%
	DFIN	B	0.08%	0.07%	0.07%
	DIN	F	0.0%	0.05%	0.0%
	DIOD	F	0.03%	0.09%	0.03%
	DOCN	B	0.18%	0.06%	0.06%
	DORM	B	0.22%	0.17%	0.17%
	DVAX	D	0.09%	0.02%	0.02%
	DXPE	C	0.0%	0.12%	0.0%
	DY	B	0.37%	0.31%	0.31%
	EAT	B	0.21%	0.31%	0.21%
	EMBC	C	0.01%	0.1%	0.01%
	ENR	F	0.17%	0.21%	0.17%
	ENSG	C	0.62%	0.34%	0.34%
	ENV	C	0.24%	0.09%	0.09%
	EPAC	B	0.17%	0.04%	0.04%
	ESE	B	0.11%	0.08%	0.08%
	EVTC	D	0.16%	0.05%	0.05%
	EXPI	C	0.07%	0.38%	0.07%
	EXTR	C	0.08%	0.1%	0.08%
	EYE	F	0.0%	0.11%	0.0%
	FBP	C	0.02%	0.1%	0.02%
	FELE	C	0.35%	0.15%	0.15%
	FIZZ	D	0.08%	0.08%	0.08%
	FN	D	0.66%	0.18%	0.18%
	FORM	F	0.28%	0.03%	0.03%
	FSS	D	0.42%	0.13%	0.13%
	FTDR	B	0.28%	0.17%	0.17%
	FUL	D	0.1%	0.25%	0.1%
	GFF	C	0.19%	0.19%	0.19%
	GKOS	D	0.49%	0.03%	0.03%
	GMS	C	0.23%	0.36%	0.23%
	GOGO	F	0.02%	0.02%	0.02%
	GRBK	B	0.05%	0.17%	0.05%
	GSHD	B	0.15%	0.03%	0.03%
	GVA	B	0.2%	0.3%	0.2%
	HBI	B	0.17%	0.49%	0.17%
	HCI	C	0.06%	0.05%	0.05%
	HI	F	0.06%	0.13%	0.06%
	HLIT	C	0.12%	0.05%	0.05%
	HLX	D	0.02%	0.09%	0.02%
	HNI	B	0.09%	0.21%	0.09%
	HRMY	B	0.08%	0.06%	0.06%
	HSTM	C	0.02%	0.02%	0.02%
	HTLD	D	0.02%	0.08%	0.02%
	HWKN	B	0.18%	0.09%	0.09%
	IBP	C	0.4%	0.19%	0.19%
	ICHR	F	0.02%	0.04%	0.02%
	IDCC	B	0.26%	0.05%	0.05%
	IIIN	D	0.02%	0.04%	0.02%
	INVA	B	0.01%	0.03%	0.01%
	IOSP	D	0.18%	0.12%	0.12%
	IPAR	D	0.17%	0.1%	0.1%
	IRWD	F	0.02%	0.02%	0.02%
	ITGR	B	0.23%	0.12%	0.12%
	ITRI	C	0.32%	0.15%	0.15%
	JACK	F	0.07%	0.09%	0.07%
	JBSS	D	0.06%	0.07%	0.06%
	JBT	D	0.01%	0.1%	0.01%
	JJSF	C	0.19%	0.11%	0.11%
	JOE	C	0.16%	0.03%	0.03%
	KALU	F	0.08%	0.16%	0.08%
	KLG	C	0.08%	0.2%	0.08%
	KLIC	D	0.18%	0.04%	0.04%
	KREF	B	0.01%	0.06%	0.01%
	KRYS	D	0.36%	0.01%	0.01%
	KTB	B	0.31%	0.2%	0.2%
	KWR	D	0.18%	0.13%	0.13%
	LBRT	D	0.01%	0.3%	0.01%
	LCII	C	0.22%	0.3%	0.22%
	LESL	F	0.02%	0.06%	0.02%
	LGIH	C	0.01%	0.18%	0.01%
	LKFN	C	0.01%	0.03%	0.01%
	LMAT	B	0.14%	0.02%	0.02%
	LNN	C	0.05%	0.04%	0.04%
	LPG	F	0.05%	0.03%	0.03%
	LQDT	B	0.03%	0.03%	0.03%
	LRN	B	0.26%	0.17%	0.17%
	MARA	F	0.28%	0.03%	0.03%
	MC	B	0.35%	0.08%	0.08%
	MCRI	B	0.07%	0.04%	0.04%
	MCW	F	0.04%	0.06%	0.04%
	MCY	C	0.02%	0.39%	0.02%
	MGEE	B	0.1%	0.05%	0.05%
	MGPI	C	0.09%	0.06%	0.06%
	MGY	C	0.3%	0.09%	0.09%
	MLAB	C	0.02%	0.02%	0.02%
	MLI	B	0.56%	0.29%	0.29%
	MMSI	B	0.41%	0.1%	0.1%
	MOG.A	B	0.42%	0.3%	0.3%
	MRTN	D	0.02%	0.07%	0.02%
	MSEX	C	0.01%	0.01%	0.01%
	MTRN	D	0.17%	0.11%	0.11%
	MXL	F	0.08%	0.03%	0.03%
	MYE	D	0.04%	0.05%	0.04%
	MYRG	F	0.12%	0.17%	0.12%
	NABL	D	0.07%	0.03%	0.03%
	NARI	F	0.17%	0.04%	0.04%
	NATL	D	0.15%	0.28%	0.15%
	NBR	F	0.02%	0.22%	0.02%
	NEO	C	0.01%	0.05%	0.01%
	NGVT	F	0.11%	0.09%	0.09%
	NMIH	B	0.02%	0.05%	0.02%
	NOG	D	0.02%	0.11%	0.02%
	NPO	C	0.03%	0.07%	0.03%
	NSIT	C	0.45%	0.67%	0.45%
	NVEE	F	0.02%	0.06%	0.02%
	OII	D	0.2%	0.19%	0.19%
	OMI	D	0.01%	0.63%	0.01%
	OSIS	C	0.17%	0.11%	0.11%
	OTTR	D	0.12%	0.08%	0.08%
	OUT	B	0.07%	0.16%	0.07%
	OXM	D	0.07%	0.09%	0.07%
	PAHC	B	0.01%	0.09%	0.01%
	PATK	B	0.21%	0.31%	0.21%
	PBI	C	0.03%	0.32%	0.03%
	PCRX	F	0.0%	0.02%	0.0%
	PDCO	F	0.02%	0.43%	0.02%
	PDFS	D	0.13%	0.01%	0.01%
	PDFS	D	0.07%	0.01%	0.01%
	PECO	B	0.05%	0.05%	0.05%
	PIPR	B	0.35%	0.12%	0.12%
	PJT	B	0.22%	0.11%	0.11%
	PLAB	F	0.04%	0.06%	0.04%
	PLAY	F	0.08%	0.11%	0.08%
	PLMR	B	0.18%	0.03%	0.03%
	PLUS	B	0.13%	0.19%	0.13%
	PLXS	B	0.08%	0.34%	0.08%
	POWL	C	0.12%	0.06%	0.06%
	PRFT	A	0.19%	0.06%	0.06%
	PRG	B	0.02%	0.22%	0.02%
	PRGS	C	0.19%	0.06%	0.06%
	PRVA	D	0.15%	0.13%	0.13%
	PSMT	B	0.11%	0.36%	0.11%
	PZZA	D	0.08%	0.16%	0.08%
	QNST	B	0.07%	0.04%	0.04%
	RAMP	F	0.13%	0.04%	0.04%
	RCUS	D	0.07%	0.02%	0.02%
	RDNT	B	0.33%	0.13%	0.13%
	REX	D	0.01%	0.05%	0.01%
	RGR	F	0.01%	0.04%	0.01%
	RILY	F	0.01%	0.03%	0.01%
	ROCK	D	0.08%	0.09%	0.08%
	RXO	D	0.25%	0.34%	0.25%
	SABR	D	0.02%	0.24%	0.02%
	SAH	D	0.02%	0.97%	0.02%
	SCL	D	0.01%	0.13%	0.01%
	SDGR	F	0.09%	0.01%	0.01%
	SEM	D	0.2%	0.49%	0.2%
	SFBS	B	0.09%	0.08%	0.08%
	SHAK	C	0.28%	0.09%	0.09%
	SHOO	B	0.24%	0.15%	0.15%
	SITM	B	0.2%	0.01%	0.01%
	SKT	B	0.09%	0.04%	0.04%
	SLP	F	0.04%	0.0%	0.0%
	SLVM	B	0.04%	0.28%	0.04%
	SM	D	0.07%	0.14%	0.07%
	SMPL	D	0.21%	0.08%	0.08%
	SMTC	C	0.21%	0.08%	0.08%
	SNCY	D	0.02%	0.08%	0.02%
	SNEX	C	0.02%	0.14%	0.02%
	SONO	F	0.1%	0.08%	0.08%
	SPNT	C	0.01%	0.23%	0.01%
	SPSC	D	0.55%	0.04%	0.04%
	SSTK	F	0.05%	0.05%	0.05%
	STAA	F	0.12%	0.02%	0.02%
	STEP	B	0.22%	0.06%	0.06%
	SUPN	C	0.01%	0.05%	0.01%
	SXI	C	0.12%	0.05%	0.05%
	SXT	C	0.23%	0.1%	0.1%
	TBBK	B	0.18%	0.06%	0.06%
	TDW	F	0.32%	0.06%	0.06%
	THRM	D	0.12%	0.09%	0.09%
	THRY	D	0.04%	0.06%	0.04%
	TILE	B	0.01%	0.11%	0.01%
	TNC	D	0.06%	0.08%	0.06%
	TNDM	C	0.21%	0.05%	0.05%
	TPH	C	0.09%	0.31%	0.09%
	TRN	C	0.18%	0.24%	0.18%
	TRUP	C	0.11%	0.14%	0.11%
	TTGT	F	0.05%	0.01%	0.01%
	UCTT	F	0.12%	0.09%	0.09%
	UFPT	C	0.18%	0.03%	0.03%
	UHT	B	0.04%	0.01%	0.01%
	URBN	D	0.05%	0.3%	0.05%
	USPH	D	0.1%	0.04%	0.04%
	VCEL	D	0.19%	0.02%	0.02%
	VECO	F	0.12%	0.03%	0.03%
	VGR	C	0.02%	0.14%	0.02%
	VICR	F	0.04%	0.03%	0.03%
	VRRM	D	0.34%	0.06%	0.06%
	VRTS	D	0.09%	0.06%	0.06%
	VSCO	C	0.03%	0.54%	0.03%
	VVI	C	0.05%	0.08%	0.05%
	WD	B	0.19%	0.08%	0.08%
	WDFC	B	0.27%	0.04%	0.04%
	WERN	D	0.02%	0.23%	0.02%
	WHD	C	0.29%	0.09%	0.09%
	WOR	F	0.1%	0.12%	0.1%
	WRLD	D	0.03%	0.04%	0.03%
	WWW	B	0.08%	0.16%	0.08%
	XNCR	C	0.04%	0.01%	0.01%
	XPEL	D	0.08%	0.03%	0.03%
	YELP	F	0.17%	0.09%	0.09%

VTWG Overweight 687 Positions Relative to RWJ

	Symbol	Grade	Weight
	INSM	D	0.88%
	SFM	B	0.78%
	PCVX	B	0.65%
	AIT	C	0.59%
	HALO	B	0.59%
	FLR	D	0.58%
	ANF	D	0.55%
	LNTH	C	0.54%
	HQY	C	0.5%
	NOVT	D	0.49%
	MOD	C	0.47%
	CVLT	B	0.47%
	CWST	D	0.46%
	VRNS	C	0.46%
	BPMC	D	0.45%
	RHP	D	0.45%
	HLNE	B	0.44%
	CHX	D	0.44%
	EXLS	C	0.43%
	MMS	D	0.42%
	CBT	B	0.42%
	EXPO	B	0.41%
	BECN	D	0.4%
	WTS	C	0.4%
	TMDX	C	0.4%
	CSWI	B	0.39%
	GTLS	F	0.38%
	ALTR	C	0.38%
	BCO	B	0.37%
	TENB	D	0.36%
	RMBS	F	0.36%
	QLYS	F	0.35%
	SIGI	C	0.35%
	FFIN	B	0.35%
	RNA	C	0.35%
	CRDO	D	0.33%
	ZWS	B	0.33%
	KNF	B	0.33%
	MDGL	F	0.32%
	ZETA	B	0.32%
	QTWO	B	0.32%
	HRI	C	0.31%
	CRNX	C	0.31%
	UFPI	C	0.31%
	RVMD	C	0.31%
	ADMA	B	0.29%
	WK	D	0.29%
	ENS	C	0.28%
	DYN	D	0.28%
	SLAB	D	0.28%
	KAI	C	0.28%
	HAE	D	0.28%
	POWI	F	0.28%
	PI	B	0.28%
	STRL	B	0.27%
	EVH	C	0.27%
	BLKB	B	0.26%
	CWAN	A	0.26%
	AXNX	B	0.26%
	CBZ	F	0.26%
	OSCR	B	0.26%
	MWA	C	0.25%
	LANC	D	0.25%
	PRCT	B	0.25%
	TNET	D	0.25%
	NSP	D	0.25%
	FOLD	D	0.25%
	ATKR	F	0.25%
	IDYA	F	0.24%
	AXSM	C	0.24%
	UPST	C	0.24%
	TGTX	B	0.24%
	ICFI	C	0.23%
	SGBX	F	0.23%
	IOVA	D	0.22%
	ACLX	B	0.22%
	GH	D	0.22%
	VC	F	0.21%
	SQSP	A	0.21%
	ACVA	B	0.21%
	PRIM	C	0.21%
	HIMS	D	0.21%
	ROAD	B	0.21%
	HGV	D	0.21%
	ARWR	F	0.21%
	SWTX	F	0.21%
	MGRC	F	0.2%
	YOU	B	0.2%
	NUVL	C	0.2%
	PTGX	C	0.19%
	RYTM	B	0.19%
	OPCH	C	0.19%
	CLSK	F	0.18%
	SKY	B	0.18%
	FRSH	F	0.18%
	BBIO	D	0.18%
	VAL	F	0.18%
	TWST	D	0.18%
	VCTR	B	0.17%
	KOS	F	0.17%
	BDC	B	0.17%
	AUR	C	0.17%
	RPD	F	0.17%
	BRZE	F	0.17%
	VERX	D	0.16%
	MQ	F	0.16%
	KYMR	C	0.16%
	BE	F	0.16%
	CSTM	D	0.16%
	CLDX	C	0.16%
	RKLB	B	0.16%
	FLYW	F	0.16%
	IRTC	F	0.16%
	HURN	C	0.15%
	STNE	F	0.15%
	PGNY	F	0.15%
	ACAD	F	0.15%
	JOBY	F	0.15%
	PTCT	C	0.15%
	UEC	F	0.15%
	NVCR	D	0.15%
	COMP	B	0.14%
	GERN	D	0.14%
	RXST	C	0.14%
	AI	F	0.14%
	GOLF	F	0.14%
	SNDX	F	0.13%
	MIRM	D	0.13%
	PAR	B	0.13%
	DNLI	B	0.13%
	IMVT	D	0.13%
	BCRX	C	0.13%
	INTA	B	0.13%
	IESC	C	0.12%
	JBI	F	0.12%
	PFSI	B	0.12%
	OSW	C	0.12%
	AGM	D	0.12%
	NSSC	F	0.12%
	BLBD	C	0.12%
	LAUR	B	0.12%
	ARVN	F	0.12%
	ENVX	F	0.11%
	HEES	D	0.11%
	AESI	C	0.11%
	ARDX	D	0.11%
	PTON	C	0.11%
	ALKT	D	0.11%
	VERA	C	0.11%
	RXRX	F	0.11%
	KTOS	B	0.11%
	KURA	D	0.11%
	SPT	F	0.11%
	MGNI	D	0.11%
	LOB	B	0.1%
	WRBY	D	0.1%
	RRR	D	0.1%
	APPN	D	0.1%
	PHR	C	0.1%
	JANX	C	0.1%
	KROS	C	0.1%
	NVAX	D	0.1%
	EWTX	D	0.1%
	JAMF	D	0.1%
	OCUL	C	0.1%
	SOUN	D	0.1%
	TGLS	B	0.1%
	ARQT	C	0.09%
	AMRX	B	0.09%
	BKD	D	0.09%
	SAVA	C	0.09%
	LBPH	D	0.09%
	AMBA	C	0.09%
	UPWK	D	0.09%
	PWSC	C	0.09%
	CMPR	F	0.09%
	KFRC	D	0.09%
	HROW	B	0.09%
	RCKT	D	0.09%
	INFN	B	0.09%
	AGL	F	0.09%
	MNKD	B	0.09%
	REVG	C	0.09%
	ARRY	F	0.08%
	VITL	D	0.08%
	MEG	F	0.08%
	NRIX	C	0.08%
	SILK	A	0.08%
	TRNS	C	0.08%
	OEC	F	0.08%
	SMMT	C	0.08%
	PAGS	F	0.08%
	RDFN	C	0.08%
	COUR	F	0.08%
	ASAN	F	0.08%
	FLNC	C	0.08%
	SPNS	D	0.08%
	CRAI	C	0.08%
	ZUO	D	0.08%
	EOLS	C	0.07%
	RVLV	B	0.07%
	ALHC	C	0.07%
	IMAX	C	0.07%
	WLY	C	0.07%
	COGT	C	0.07%
	PRO	F	0.07%
	ERII	D	0.07%
	SHLS	D	0.07%
	CWH	C	0.07%
	DFH	C	0.07%
	WULF	D	0.07%
	CDRE	C	0.07%
	DNUT	D	0.07%
	ASGN	D	0.07%
	GPOR	C	0.07%
	AGX	C	0.07%
	PNTG	B	0.07%
	TARS	C	0.07%
	VZIO	A	0.07%
	MRVI	C	0.07%
	HLIO	D	0.07%
	ANAB	C	0.06%
	UTZ	C	0.06%
	ACHR	F	0.06%
	BASE	F	0.06%
	GSAT	F	0.06%
	KBH	B	0.06%
	IMNM	D	0.06%
	LMND	D	0.06%
	SANA	F	0.06%
	ATRC	C	0.06%
	UDMY	F	0.06%
	GRC	D	0.06%
	XMTR	D	0.06%
	CECO	D	0.06%
	BLND	C	0.06%
	BBSI	B	0.06%
	DRVN	C	0.06%
	USLM	B	0.06%
	HCKT	B	0.05%
	ACEL	B	0.05%
	FSLY	D	0.05%
	CDMO	B	0.05%
	EVER	D	0.05%
	ACMR	F	0.05%
	PAX	D	0.05%
	AIV	B	0.05%
	SMR	D	0.05%
	SPRY	C	0.05%
	DAWN	F	0.05%
	PUBM	F	0.05%
	LMB	B	0.05%
	IBUY	B	0.05%
	CGEM	F	0.05%
	VRDN	C	0.05%
	RVNC	D	0.05%
	ZIP	D	0.05%
	UTI	D	0.05%
	AMSC	D	0.05%
	ATEC	F	0.05%
	RSI	C	0.05%
	AUPH	C	0.05%
	ELVN	D	0.05%
	EU	F	0.04%
	FDMT	F	0.04%
	FLNG	C	0.04%
	ALX	B	0.04%
	SEMR	C	0.04%
	DJCO	B	0.04%
	NRDS	D	0.04%
	CASS	D	0.04%
	FWRG	F	0.04%
	ABUS	C	0.04%
	KALV	F	0.04%
	SGHC	C	0.04%
	STOK	C	0.04%
	CGON	C	0.04%
	PLOW	C	0.04%
	DBRG	D	0.04%
	YMAB	C	0.04%
	PTLO	C	0.04%
	HUMA	D	0.04%
	YEXT	C	0.04%
	TREE	C	0.04%
	NEXT	F	0.04%
	ARHS	F	0.04%
	HLF	F	0.04%
	LQDA	F	0.04%
	SIBN	D	0.04%
	PRTA	F	0.04%
	OSPN	B	0.04%
	AXGN	B	0.04%
	EVRI	C	0.04%
	CCB	C	0.04%
	SRRK	F	0.04%
	NNBR	F	0.04%
	IMXI	D	0.04%
	FA	B	0.04%
	TPB	C	0.04%
	LPRO	D	0.04%
	IE	F	0.04%
	REAX	D	0.04%
	CYTK	F	0.04%
	GDYN	C	0.04%
	DMRC	F	0.03%
	CBL	D	0.03%
	BIGC	F	0.03%
	IDT	C	0.03%
	AEHR	F	0.03%
	JELD	D	0.03%
	CRGY	D	0.03%
	PRMW	A	0.03%
	ALEC	D	0.03%
	ARCT	F	0.03%
	BBW	C	0.03%
	MITK	F	0.03%
	AMK	B	0.03%
	IBTA	D	0.03%
	MNMD	F	0.03%
	HY	D	0.03%
	MAX	C	0.03%
	WEAV	C	0.03%
	AGS	D	0.03%
	GIC	D	0.03%
	FC	C	0.03%
	TYRA	B	0.03%
	INOD	D	0.03%
	CDNA	C	0.03%
	METC	F	0.03%
	IGT	D	0.03%
	PLSE	C	0.03%
	CSV	B	0.03%
	PPTA	C	0.03%
	LFST	C	0.03%
	NRC	F	0.03%
	CELC	F	0.03%
	DSGR	B	0.03%
	GTHX	A	0.03%
	SRDX	D	0.03%
	LWLG	F	0.03%
	DK	F	0.03%
	TSHA	F	0.03%
	SKWD	C	0.03%
	PX	C	0.03%
	BYND	D	0.03%
	DHIL	B	0.03%
	ASPN	D	0.03%
	APLT	C	0.03%
	URGN	F	0.03%
	CYH	B	0.03%
	MLNK	C	0.03%
	ESQ	B	0.03%
	IRMD	B	0.03%
	BAND	D	0.03%
	WVE	D	0.03%
	CTLP	F	0.03%
	MDXG	F	0.03%
	FNA	F	0.03%
	KRUS	D	0.03%
	GCMG	B	0.03%
	XERS	C	0.03%
	ATEX	C	0.03%
	LEU	F	0.03%
	TTI	F	0.03%
	ENFN	D	0.03%
	NVEC	D	0.03%
	CHPT	F	0.03%
	CIFR	F	0.03%
	CERS	F	0.03%
	BMEA	D	0.02%
	SERA	C	0.02%
	VSEC	C	0.02%
	EYPT	D	0.02%
	AVAH	C	0.02%
	RICK	F	0.02%
	BRCC	F	0.02%
	INDI	F	0.02%
	EWCZ	F	0.02%
	CRCT	D	0.02%
	PBPB	D	0.02%
	EGHT	F	0.02%
	FULC	F	0.02%
	WTI	F	0.02%
	TRAK	B	0.02%
	EB	F	0.02%
	SYNA	F	0.02%
	SGHT	D	0.02%
	GCBC	D	0.02%
	RCEL	D	0.02%
	DENN	D	0.02%
	PRME	F	0.02%
	NTST	D	0.02%
	BLZE	F	0.02%
	SKYT	C	0.02%
	CSTL	C	0.02%
	LIND	C	0.02%
	APLD	C	0.02%
	DOMO	F	0.02%
	ABSI	F	0.02%
	ALT	D	0.02%
	OLO	D	0.02%
	RIOT	F	0.02%
	LUNG	D	0.02%
	SFL	D	0.02%
	MIR	D	0.02%
	ITI	A	0.02%
	INST	D	0.02%
	GRND	B	0.02%
	LAZR	F	0.02%
	NIC	C	0.02%
	TMCI	F	0.02%
	SIGA	D	0.02%
	XPOF	D	0.02%
	MNTK	F	0.02%
	AKRO	C	0.02%
	LYTS	C	0.02%
	CRMD	B	0.02%
	RDVT	B	0.02%
	TH	D	0.02%
	BWMN	F	0.02%
	SRCL	A	0.02%
	GHM	D	0.02%
	AMRC	C	0.02%
	NNOX	F	0.02%
	SVRA	D	0.02%
	OCGN	F	0.02%
	LRMR	F	0.02%
	CYRX	F	0.02%
	EVI	D	0.01%
	HOV	C	0.01%
	CTGO	F	0.01%
	CCO	C	0.01%
	FOR	C	0.01%
	DCGO	D	0.01%
	AKYA	D	0.01%
	VTSI	F	0.01%
	ANIK	D	0.01%
	YORW	D	0.01%
	ODC	D	0.01%
	NRDY	F	0.01%
	SCWO	C	0.01%
	DAKT	D	0.01%
	ALXO	F	0.01%
	MLYS	F	0.01%
	EP	F	0.01%
	REKR	F	0.01%
	VERU	F	0.01%
	CURV	F	0.01%
	BLNK	F	0.01%
	STKS	F	0.01%
	OMER	D	0.01%
	INMB	F	0.01%
	MAPS	F	0.01%
	ZURA	D	0.01%
	GLSI	D	0.01%
	RCKY	D	0.01%
	LWAY	C	0.01%
	QUAD	F	0.01%
	GCO	D	0.01%
	MRAM	F	0.01%
	DC	D	0.01%
	AQST	C	0.01%
	ACHV	D	0.01%
	IRON	D	0.01%
	GOOD	B	0.01%
	MRSN	D	0.01%
	ESPR	F	0.01%
	STTK	F	0.01%
	UVE	B	0.01%
	PLUG	F	0.01%
	GNE	D	0.01%
	IAS	D	0.01%
	CAPR	C	0.01%
	CWCO	F	0.01%
	ULH	C	0.01%
	LAW	D	0.01%
	NTIC	F	0.01%
	PFIS	C	0.01%
	KFS	D	0.01%
	ALIM	C	0.01%
	FFWM	D	0.01%
	MVIS	D	0.01%
	DESP	C	0.01%
	ACCD	D	0.01%
	MGTX	F	0.01%
	THR	D	0.01%
	PRTH	C	0.01%
	NPCE	F	0.01%
	PKE	D	0.01%
	PRCH	D	0.01%
	LFMD	F	0.01%
	TRVI	C	0.01%
	STGW	B	0.01%
	AVXL	D	0.01%
	QUIK	F	0.01%
	TIPT	B	0.01%
	STXS	D	0.01%
	INBK	C	0.01%
	XFOR	F	0.01%
	PSTL	B	0.01%
	ACIC	D	0.01%
	ZYXI	F	0.01%
	BBAI	D	0.01%
	PHAT	B	0.01%
	OLMA	D	0.01%
	PETQ	A	0.01%
	ADCT	F	0.01%
	JYNT	F	0.01%
	SSTI	F	0.01%
	SMLR	F	0.01%
	FHTX	C	0.01%
	INFU	F	0.01%
	CVRX	F	0.01%
	PEPG	F	0.01%
	LCTX	F	0.01%
	KLTR	D	0.01%
	SKIN	F	0.01%
	CADL	C	0.01%
	TAYD	B	0.01%
	BVS	B	0.01%
	JILL	F	0.01%
	CTOS	F	0.01%
	PESI	D	0.01%
	TSQ	D	0.01%
	SKYH	C	0.01%
	PCT	C	0.01%
	IGMS	C	0.01%
	OPRX	F	0.01%
	BRY	F	0.01%
	CDZI	D	0.01%
	SCPH	C	0.01%
	EGAN	F	0.01%
	ORIC	D	0.01%
	SMTI	D	0.01%
	XOMA	B	0.01%
	GWRS	B	0.01%
	MDWD	D	0.01%
	QRHC	C	0.01%
	ULCC	D	0.01%
	HNST	D	0.01%
	BDTX	F	0.01%
	CRD.B	C	0.01%
	SMID	C	0.01%
	PAYS	D	0.01%
	CDLX	F	0.01%
	GRPN	F	0.01%
	HEAR	D	0.01%
	MODV	F	0.01%
	BTMD	F	0.01%
	KNTK	B	0.01%
	EAF	D	0.01%
	LIVN	D	0.01%
	LNZA	F	0.01%
	EVCM	D	0.01%
	OFLX	D	0.01%
	INMD	D	0.01%
	CDXC	C	0.01%
	AEYE	D	0.01%
	DSP	D	0.01%
	TCX	C	0.01%
	PFMT	B	0.01%
	KRT	D	0.01%
	GAMB	C	0.01%
	LOVE	C	0.01%
	CMPO	B	0.01%
	ALTG	F	0.01%
	REAL	D	0.01%
	MGNX	F	0.01%
	UMH	C	0.01%
	MLP	C	0.01%
	TDOC	D	0.01%
	NATH	B	0.01%
	ARAY	D	0.01%
	INSE	C	0.01%
	BYRN	B	0.01%
	LLAP	F	0.0%
	QRTEB	F	0.0%
	GRWG	F	0.0%
	MASS	F	0.0%
	RSVR	C	0.0%
	BSVN	B	0.0%
	LYRA	F	0.0%
	ATLC	C	0.0%
	LUNR	C	0.0%
	PTSI	D	0.0%
	QIPT	F	0.0%
	TDUP	F	0.0%
	PGEN	F	0.0%
	HLVX	D	0.0%
	AMPX	F	0.0%
	ULBI	F	0.0%
	RMNI	F	0.0%
	VGAS	F	0.0%
	VIRC	D	0.0%
	SES	F	0.0%
	MEC	B	0.0%
	HOWL	F	0.0%
	CZFS	C	0.0%
	PLPC	F	0.0%
	BOC	C	0.0%
	FBIZ	B	0.0%
	RENB	F	0.0%
	EVC	D	0.0%
	ORGO	D	0.0%
	HRTX	F	0.0%
	CTV	D	0.0%
	APEI	D	0.0%
	TERN	C	0.0%
	CDXS	D	0.0%
	AVTE	D	0.0%
	ELEV	F	0.0%
	ANET	B	0.0%
	LSEA	C	0.0%
	CIX	C	0.0%
	RGLS	F	0.0%
	DIBS	D	0.0%
	CLBK	C	0.0%
	FENC	F	0.0%
	SGC	F	0.0%
	SST	F	0.0%
	SHYF	D	0.0%
	ALDX	C	0.0%
	ATOS	C	0.0%
	AKBA	D	0.0%
	HBIO	F	0.0%
	IIIV	D	0.0%
	LASR	F	0.0%
	VALU	D	0.0%
	RM	B	0.0%
	DLHC	F	0.0%
	GALT	C	0.0%
	METCB	F	0.0%
	CRDF	D	0.0%
	MITT	B	0.0%
	ORN	F	0.0%
	OOMA	C	0.0%
	PBYI	F	0.0%
	NATR	F	0.0%
	HCAT	C	0.0%
	MPX	D	0.0%
	INNV	D	0.0%
	FUBO	D	0.0%
	CHRS	F	0.0%
	MLR	D	0.0%
	TNYA	F	0.0%
	RDW	D	0.0%
	CMRE	D	0.0%
	PLL	F	0.0%
	USCB	C	0.0%
	MYFW	C	0.0%
	ITIC	A	0.0%
	FIGS	F	0.0%
	EPM	C	0.0%
	VRCA	F	0.0%
	MCBS	B	0.0%
	OABI	D	0.0%
	AOMR	F	0.0%
	FG	C	0.0%
	QBTS	F	0.0%
	REPX	D	0.0%
	CLPR	B	0.0%
	EVEX	F	0.0%
	NGS	D	0.0%
	FLWS	F	0.0%
	ARKO	C	0.0%
	HDSN	D	0.0%
	GMGI	F	0.0%
	AIRS	D	0.0%
	CABA	F	0.0%
	SWBI	D	0.0%
	PTVE	D	0.0%
	PSTX	C	0.0%
	SHBI	B	0.0%
	OPEN	D	0.0%
	AVO	A	0.0%
	ATNM	F	0.0%
	BMBL	F	0.0%
	TTSH	D	0.0%
	BOOM	D	0.0%
	NGVC	B	0.0%
	HQI	C	0.0%
	QTRX	D	0.0%
	EGY	D	0.0%
	OVID	D	0.0%
	OBIO	F	0.0%
	NWPX	C	0.0%
	LXRX	F	0.0%

VTWG Underweight 290 Positions Relative to RWJ

	Symbol	Grade	Weight
	LUMN	C	-5.26%
	UNFI	C	-2.46%
	SATS	B	-1.85%
	GPI	B	-1.45%
	LNC	D	-1.13%
	DXC	C	-1.12%
	KSS	F	-1.1%
	ABG	F	-1.0%
	VFC	C	-0.93%
	CWK	B	-0.81%
	SPTN	C	-0.79%
	JBLU	D	-0.73%
	ALK	C	-0.73%
	RUSHA	C	-0.64%
	NWL	D	-0.6%
	FL	D	-0.6%
	ABM	D	-0.58%
	HTZ	D	-0.56%
	SANM	D	-0.56%
	DAN	F	-0.56%
	GNW	B	-0.54%
	MTH	B	-0.53%
	OI	D	-0.49%
	AAP	F	-0.49%
	SIG	C	-0.49%
	PENN	D	-0.47%
	CMA	B	-0.45%
	PARR	F	-0.45%
	OGN	D	-0.44%
	TDS	C	-0.42%
	REZI	D	-0.41%
	RHI	D	-0.41%
	ODP	F	-0.4%
	FDP	B	-0.39%
	NAVI	C	-0.38%
	MHO	B	-0.37%
	XRX	F	-0.35%
	SEE	D	-0.35%
	AXL	F	-0.35%
	LEG	D	-0.35%
	VSAT	F	-0.34%
	ATI	C	-0.34%
	KELYA	D	-0.32%
	IAC	C	-0.32%
	SBH	B	-0.31%
	BTU	D	-0.3%
	HUBG	C	-0.3%
	JXN	B	-0.3%
	THS	C	-0.29%
	PTEN	F	-0.28%
	MLKN	D	-0.27%
	PHIN	B	-0.27%
	VSTS	D	-0.26%
	ICUI	B	-0.25%
	GIII	C	-0.25%
	GBX	C	-0.25%
	SCSC	D	-0.25%
	WS	C	-0.25%
	MATX	C	-0.24%
	VSTO	B	-0.22%
	CNXN	B	-0.22%
	WGO	D	-0.22%
	GO	F	-0.22%
	ENVA	C	-0.21%
	VIRT	B	-0.21%
	SKYW	C	-0.21%
	MD	C	-0.21%
	UVV	D	-0.21%
	RUN	C	-0.21%
	FWRD	C	-0.2%
	UNF	B	-0.2%
	KFY	B	-0.2%
	BHE	C	-0.2%
	STC	B	-0.19%
	MODG	F	-0.19%
	ACA	C	-0.18%
	HP	D	-0.18%
	BKU	C	-0.18%
	FTRE	F	-0.18%
	NVRI	D	-0.18%
	CEIX	D	-0.17%
	ARCH	F	-0.17%
	HZO	C	-0.17%
	CRC	C	-0.17%
	AL	D	-0.17%
	BGC	B	-0.17%
	LZB	C	-0.17%
	GES	F	-0.17%
	GPRE	F	-0.17%
	WNC	F	-0.16%
	DBI	F	-0.16%
	TTMI	D	-0.16%
	UNIT	C	-0.16%
	MATV	B	-0.16%
	GEO	F	-0.16%
	ALGT	F	-0.15%
	BGS	D	-0.15%
	AVA	B	-0.15%
	DNOW	D	-0.15%
	BXMT	C	-0.15%
	CXW	F	-0.15%
	EPC	F	-0.15%
	KMT	B	-0.15%
	DLX	D	-0.14%
	TWI	D	-0.14%
	KOP	F	-0.14%
	HAIN	D	-0.14%
	MTX	D	-0.13%
	ABCB	B	-0.13%
	GDOT	C	-0.13%
	MATW	F	-0.12%
	TALO	F	-0.12%
	OMCL	C	-0.12%
	SXC	F	-0.12%
	FULT	C	-0.12%
	ASIX	C	-0.12%
	ZEUS	F	-0.12%
	HCSG	C	-0.12%
	SVC	F	-0.12%
	SFNC	B	-0.12%
	CABO	F	-0.11%
	MERC	F	-0.11%
	PMT	B	-0.11%
	WSFS	C	-0.11%
	HMN	C	-0.11%
	SMP	C	-0.11%
	CATY	B	-0.11%
	CUBI	F	-0.11%
	CCRN	F	-0.11%
	WAFD	B	-0.11%
	UCBI	B	-0.11%
	HTH	C	-0.11%
	KAR	D	-0.11%
	ABR	B	-0.11%
	NHC	D	-0.1%
	ECPG	C	-0.1%
	HCC	F	-0.1%
	PUMP	F	-0.1%
	VTOL	D	-0.1%
	RES	D	-0.1%
	RDN	B	-0.1%
	PINC	C	-0.1%
	AWI	B	-0.1%
	B	D	-0.1%
	BRC	B	-0.1%
	SCHL	D	-0.1%
	CRK	D	-0.09%
	DEI	B	-0.09%
	IBTX	B	-0.09%
	TRMK	C	-0.09%
	PBH	B	-0.09%
	SCVL	B	-0.09%
	TGI	D	-0.09%
	NWN	B	-0.09%
	ASTE	F	-0.09%
	MNRO	D	-0.09%
	PEB	D	-0.09%
	AUB	C	-0.09%
	TRIP	F	-0.09%
	APLE	D	-0.09%
	FFBC	C	-0.09%
	FHB	C	-0.09%
	HOPE	B	-0.09%
	AMCX	F	-0.09%
	MRCY	C	-0.08%
	RNST	D	-0.08%
	UFCS	D	-0.08%
	CBU	C	-0.08%
	RC	D	-0.08%
	FOXF	F	-0.08%
	DRH	C	-0.08%
	BOH	C	-0.08%
	VIAV	D	-0.08%
	HSII	C	-0.08%
	NUS	F	-0.08%
	CLW	F	-0.08%
	CNSL	A	-0.08%
	PRA	C	-0.08%
	INDB	C	-0.08%
	EZPW	D	-0.08%
	BANR	B	-0.07%
	FBK	B	-0.07%
	PFS	B	-0.07%
	MTUS	F	-0.07%
	PRAA	D	-0.07%
	RWT	B	-0.07%
	XHR	C	-0.07%
	SHO	D	-0.07%
	OFG	C	-0.07%
	VBTX	B	-0.07%
	MAC	B	-0.07%
	EIG	B	-0.07%
	STRA	D	-0.07%
	SLG	B	-0.07%
	SEDG	F	-0.07%
	GDEN	D	-0.07%
	NX	D	-0.07%
	HAYW	C	-0.07%
	MSGS	B	-0.07%
	HIW	B	-0.07%
	SGH	F	-0.07%
	SAFT	C	-0.07%
	CPK	B	-0.06%
	CWEN	B	-0.06%
	CWEN	B	-0.06%
	INN	C	-0.06%
	AVNS	B	-0.06%
	FCF	C	-0.06%
	CMP	D	-0.06%
	TR	C	-0.06%
	EGBN	C	-0.06%
	MYGN	B	-0.06%
	AGO	C	-0.06%
	NBTB	D	-0.06%
	BANC	B	-0.06%
	NWBI	C	-0.06%
	HPP	D	-0.06%
	DCOM	B	-0.06%
	MPW	C	-0.06%
	NTCT	D	-0.06%
	SBCF	C	-0.06%
	IART	F	-0.06%
	VREX	F	-0.05%
	NBHC	C	-0.05%
	CHUY	B	-0.05%
	ETH	D	-0.05%
	PRDO	D	-0.05%
	PRK	C	-0.05%
	JBGS	B	-0.05%
	CVBF	C	-0.05%
	BHLB	C	-0.05%
	KN	D	-0.05%
	ARI	F	-0.05%
	ROG	D	-0.05%
	BRKL	C	-0.05%
	STBA	B	-0.05%
	GNL	B	-0.05%
	USNA	F	-0.05%
	FBNC	B	-0.05%
	SJW	C	-0.05%
	AOSL	D	-0.05%
	MMI	C	-0.05%
	HVT	D	-0.05%
	UE	B	-0.04%
	DGII	D	-0.04%
	SBSI	B	-0.04%
	PFBC	C	-0.04%
	AAT	B	-0.04%
	DV	F	-0.04%
	BDN	B	-0.04%
	CARS	D	-0.04%
	UTL	B	-0.04%
	HAYN	D	-0.04%
	KW	C	-0.04%
	IIPR	B	-0.03%
	HFWA	C	-0.03%
	LXP	B	-0.03%
	HASI	B	-0.03%
	TMP	C	-0.03%
	CFFN	C	-0.03%
	ROIC	B	-0.03%
	COHU	F	-0.03%
	CPF	B	-0.03%
	EPRT	A	-0.03%
	EFC	B	-0.03%
	PPBI	D	-0.03%
	AKR	C	-0.03%
	PRLB	D	-0.03%
	MOV	F	-0.03%
	HAFC	C	-0.03%
	LTC	B	-0.02%
	GTY	B	-0.02%
	CERT	F	-0.02%
	ALEX	B	-0.02%
	SHEN	F	-0.02%
	AMBC	F	-0.02%
	CSR	B	-0.02%
	TRST	C	-0.02%
	FCPT	A	-0.02%
	DDD	F	-0.02%
	DEA	B	-0.02%
	FLGT	D	-0.02%
	NXRT	B	-0.02%
	NPK	C	-0.02%
	WABC	D	-0.02%
	RGNX	D	-0.01%
	WSR	D	-0.01%
	LGND	C	-0.01%
	CTKB	F	-0.01%
	VIR	F	-0.0%

VTWG: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Medical Devices Software - Infrastructure Diversified Industrials Banks - Regional - US Business Services Restaurants Drug Manufacturers - Specialty & Generic Medical Instruments & Supplies Aerospace & Defense Specialty Chemicals Asset Management Diagnostics & Research Engineering & Construction Oil & Gas E&P Packaged Foods Electronic Components Building Materials Information Technology Services

Keywords: Medicine Biopharmaceutical Biotechnology Cancer Clinical Medicine Computing Life Sciences Bank Banking Construction Disease Pharmaceutical Telecommunications Insurance Biology Chemical Semiconductor Aerospace Electronics Organ Systems

RWJ: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Packaged Foods Restaurants Software - Application Specialty Chemicals Asset Management Diversified Industrials Oil & Gas Equipment & Services REIT - Retail Insurance - Property & Casualty Auto Parts Communication Equipment Drug Manufacturers - Specialty & Generic REIT - Hotel & Motel Specialty Retail Telecom Services Apparel Stores Building Materials

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Commercial Bank Insurance Semiconductor Retail Store Transport Commercial Banking Mining Mortgage Loan Fashion Investment Management