VTWG vs. SAA ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to ProShares Ultra SmallCap600 (SAA)

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 2000Â® 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

$215.69

Average Daily Volume

32,374

Number of Holdings ^*

971

* may have additional holdings in another (foreign) market

SAA

ProShares Ultra SmallCap600

SAA Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the S&P SmallCap 600®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.69

Average Daily Volume

9,022

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	SAA
30 Days	0.44%	1.67%
60 Days	6.14%	9.38%
90 Days	8.18%	11.74%
12 Months	34.12%	48.02%

292 Overlapping Holdings

Symbol	Grade	Weight in VTWG	Weight in SAA	Overlap
ACIW	B	0.39%	0.27%	0.27%
ACLS	F	0.25%	0.12%	0.12%
ADMA	C	0.33%	0.25%	0.25%
ADUS	D	0.07%	0.1%	0.07%
AEIS	B	0.29%	0.2%	0.2%
AEO	F	0.24%	0.15%	0.15%
AGYS	A	0.18%	0.12%	0.12%
AHCO	D	0.04%	0.05%	0.04%
AHH	D	0.0%	0.03%	0.0%
AIN	C	0.05%	0.12%	0.05%
AIR	B	0.03%	0.1%	0.03%
ALG	B	0.13%	0.09%	0.09%
ALKS	B	0.33%	0.21%	0.21%
ALRM	C	0.19%	0.14%	0.14%
AMN	F	0.12%	0.05%	0.05%
AMPH	F	0.14%	0.08%	0.08%
AMR	C	0.19%	0.12%	0.12%
AMSF	A	0.03%	0.05%	0.03%
AMWD	B	0.01%	0.07%	0.01%
ANDE	C	0.01%	0.07%	0.01%
ANIP	D	0.06%	0.05%	0.05%
AORT	B	0.06%	0.05%	0.05%
APAM	A	0.2%	0.15%	0.15%
APOG	B	0.04%	0.09%	0.04%
ARCB	C	0.19%	0.12%	0.12%
ARLO	D	0.08%	0.05%	0.05%
AROC	A	0.25%	0.17%	0.17%
ASO	F	0.08%	0.17%	0.08%
ASTH	F	0.18%	0.09%	0.09%
ATEN	A	0.07%	0.05%	0.05%
ATGE	B	0.04%	0.15%	0.04%
AVAV	C	0.38%	0.29%	0.29%
AWR	A	0.13%	0.15%	0.13%
AX	A	0.03%	0.2%	0.03%
AZZ	B	0.15%	0.11%	0.11%
BANF	A	0.02%	0.11%	0.02%
BCC	B	0.19%	0.25%	0.19%
BCPC	B	0.41%	0.26%	0.26%
BFS	C	0.03%	0.02%	0.02%
BJRI	A	0.02%	0.04%	0.02%
BKE	A	0.1%	0.06%	0.06%
BL	B	0.23%	0.14%	0.14%
BLFS	D	0.06%	0.04%	0.04%
BLMN	F	0.05%	0.05%	0.05%
BMI	B	0.47%	0.3%	0.3%
BOOT	C	0.36%	0.19%	0.19%
BOX	B	0.34%	0.22%	0.22%
BSIG	A	0.05%	0.04%	0.04%
CAKE	A	0.14%	0.1%	0.1%
CAL	D	0.03%	0.05%	0.03%
CALM	A	0.01%	0.17%	0.01%
CALX	F	0.12%	0.09%	0.09%
CARG	A	0.19%	0.14%	0.14%
CASH	A	0.03%	0.09%	0.03%
CBRL	C	0.02%	0.05%	0.02%
CCOI	B	0.24%	0.16%	0.16%
CCS	F	0.03%	0.11%	0.03%
CENT	C	0.0%	0.02%	0.0%
CENTA	C	0.02%	0.07%	0.02%
CENX	A	0.06%	0.05%	0.05%
CEVA	B	0.03%	0.03%	0.03%
CHCO	A	0.01%	0.09%	0.01%
CHEF	B	0.11%	0.07%	0.07%
CLB	C	0.06%	0.04%	0.04%
CNK	A	0.18%	0.15%	0.15%
CNMD	C	0.16%	0.1%	0.1%
CNS	B	0.19%	0.13%	0.13%
COLL	F	0.09%	0.05%	0.05%
COOP	B	0.16%	0.29%	0.16%
CORT	B	0.27%	0.25%	0.25%
CPRX	C	0.16%	0.12%	0.12%
CRGY	A	0.03%	0.09%	0.03%
CRS	A	0.55%	0.4%	0.4%
CRSR	C	0.0%	0.01%	0.0%
CRVL	B	0.21%	0.15%	0.15%
CSGS	A	0.1%	0.07%	0.07%
CSWI	B	0.44%	0.32%	0.32%
CTRE	D	0.03%	0.23%	0.03%
CTS	B	0.08%	0.08%	0.08%
CVCO	A	0.26%	0.18%	0.18%
CVI	D	0.05%	0.03%	0.03%
CWT	C	0.06%	0.14%	0.06%
CXM	C	0.07%	0.04%	0.04%
DFIN	D	0.08%	0.07%	0.07%
DIOD	F	0.02%	0.13%	0.02%
DOCN	D	0.19%	0.11%	0.11%
DORM	B	0.22%	0.17%	0.17%
DVAX	C	0.09%	0.07%	0.07%
DXPE	A	0.0%	0.04%	0.0%
DY	C	0.41%	0.25%	0.25%
EAT	A	0.22%	0.23%	0.22%
EMBC	C	0.01%	0.04%	0.01%
ENR	A	0.17%	0.1%	0.1%
ENV	B	0.23%	0.14%	0.14%
EPAC	B	0.17%	0.12%	0.12%
ESE	A	0.12%	0.17%	0.12%
EVTC	C	0.16%	0.1%	0.1%
EXPI	C	0.08%	0.05%	0.05%
EXTR	B	0.07%	0.1%	0.07%
EYE	C	0.0%	0.04%	0.0%
FBP	A	0.02%	0.15%	0.02%
FELE	B	0.35%	0.19%	0.19%
FIZZ	B	0.08%	0.05%	0.05%
FORM	F	0.26%	0.15%	0.15%
FSS	C	0.41%	0.25%	0.25%
FTDR	B	0.27%	0.2%	0.2%
FUL	F	0.09%	0.19%	0.09%
GFF	A	0.19%	0.13%	0.13%
GKOS	B	0.46%	0.35%	0.35%
GMS	A	0.24%	0.18%	0.18%
GOGO	C	0.01%	0.02%	0.01%
GRBK	D	0.05%	0.1%	0.05%
GSHD	A	0.15%	0.12%	0.12%
GVA	A	0.21%	0.19%	0.19%
HBI	A	0.19%	0.13%	0.13%
HCI	B	0.06%	0.05%	0.05%
HI	C	0.05%	0.1%	0.05%
HIMS	C	0.25%	0.2%	0.2%
HLIT	F	0.12%	0.06%	0.06%
HLX	D	0.02%	0.07%	0.02%
HNI	A	0.09%	0.12%	0.09%
HRMY	D	0.09%	0.06%	0.06%
HSTM	B	0.02%	0.03%	0.02%
HTLD	B	0.02%	0.02%	0.02%
HWKN	C	0.18%	0.11%	0.11%
IBP	F	0.43%	0.22%	0.22%
ICHR	C	0.02%	0.05%	0.02%
IDCC	A	0.26%	0.21%	0.21%
IIIN	C	0.02%	0.03%	0.02%
INVA	C	0.01%	0.05%	0.01%
IOSP	C	0.18%	0.14%	0.14%
IPAR	C	0.17%	0.1%	0.1%
IRWD	D	0.01%	0.03%	0.01%
ITGR	B	0.22%	0.21%	0.21%
ITRI	B	0.32%	0.25%	0.25%
JACK	D	0.07%	0.04%	0.04%
JBSS	F	0.06%	0.03%	0.03%
JBT	B	0.02%	0.17%	0.02%
JJSF	C	0.19%	0.12%	0.12%
JOE	F	0.15%	0.09%	0.09%
KALU	C	0.08%	0.06%	0.06%
KLG	F	0.08%	0.05%	0.05%
KLIC	C	0.18%	0.12%	0.12%
KREF	D	0.01%	0.03%	0.01%
KRYS	D	0.33%	0.23%	0.23%
KTB	A	0.33%	0.2%	0.2%
KWR	C	0.17%	0.11%	0.11%
LBRT	F	0.01%	0.13%	0.01%
LCII	D	0.22%	0.13%	0.13%
LESL	C	0.03%	0.02%	0.02%
LGIH	F	0.01%	0.1%	0.01%
LKFN	A	0.01%	0.08%	0.01%
LMAT	A	0.14%	0.1%	0.1%
LNN	B	0.05%	0.06%	0.05%
LPG	F	0.05%	0.04%	0.04%
LQDT	A	0.04%	0.02%	0.02%
LRN	A	0.26%	0.2%	0.2%
MARA	B	0.26%	0.26%	0.26%
MC	B	0.35%	0.24%	0.24%
MCRI	A	0.07%	0.05%	0.05%
MCW	B	0.04%	0.04%	0.04%
MCY	A	0.02%	0.09%	0.02%
MGEE	A	0.1%	0.17%	0.1%
MGPI	D	0.09%	0.03%	0.03%
MGY	A	0.28%	0.23%	0.23%
MLAB	F	0.02%	0.03%	0.02%
MLI	B	0.56%	0.48%	0.48%
MMSI	A	0.41%	0.27%	0.27%
MOG.A	B	0.42%	0.29%	0.29%
MRTN	C	0.02%	0.05%	0.02%
MSEX	B	0.01%	0.06%	0.01%
MTRN	C	0.16%	0.11%	0.11%
MXL	C	0.08%	0.06%	0.06%
MYE	F	0.04%	0.02%	0.02%
MYRG	B	0.12%	0.11%	0.11%
NABL	F	0.07%	0.04%	0.04%
NARI	C	0.16%	0.12%	0.12%
NATL	B	0.15%	0.09%	0.09%
NBR	D	0.01%	0.03%	0.01%
NEO	C	0.01%	0.09%	0.01%
NGVT	B	0.1%	0.07%	0.07%
NMIH	D	0.02%	0.13%	0.02%
NOG	A	0.02%	0.18%	0.02%
NPO	A	0.03%	0.16%	0.03%
NSIT	F	0.44%	0.22%	0.22%
NVEE	F	0.02%	0.05%	0.02%
OII	B	0.18%	0.13%	0.13%
OMI	F	0.01%	0.04%	0.01%
OSIS	A	0.17%	0.11%	0.11%
OTTR	C	0.11%	0.15%	0.11%
OUT	A	0.08%	0.11%	0.08%
OXM	F	0.07%	0.05%	0.05%
PAHC	A	0.01%	0.02%	0.01%
PATK	C	0.22%	0.13%	0.13%
PAYO	A	0.12%	0.12%	0.12%
PBI	C	0.02%	0.05%	0.02%
PCRX	C	0.0%	0.04%	0.0%
PDCO	F	0.02%	0.07%	0.02%
PDFS	D	0.07%	0.05%	0.05%
PECO	A	0.05%	0.22%	0.05%
PGNY	F	0.1%	0.06%	0.06%
PI	D	0.36%	0.21%	0.21%
PIPR	A	0.36%	0.24%	0.24%
PJT	A	0.23%	0.17%	0.17%
PLAB	D	0.04%	0.07%	0.04%
PLAY	C	0.08%	0.06%	0.06%
PLMR	A	0.17%	0.12%	0.12%
PLUS	F	0.13%	0.12%	0.12%
PLXS	B	0.08%	0.2%	0.08%
POWL	C	0.15%	0.15%	0.15%
PRG	A	0.02%	0.09%	0.02%
PRGS	B	0.21%	0.13%	0.13%
PRVA	B	0.14%	0.1%	0.1%
PSMT	D	0.11%	0.1%	0.1%
PTGX	D	0.19%	0.12%	0.12%
PZZA	D	0.09%	0.08%	0.08%
QNST	C	0.07%	0.06%	0.06%
RAMP	C	0.12%	0.09%	0.09%
RCUS	F	0.06%	0.04%	0.04%
RDNT	B	0.33%	0.21%	0.21%
REX	C	0.01%	0.03%	0.01%
RGR	F	0.01%	0.03%	0.01%
ROCK	C	0.07%	0.1%	0.07%
RXO	C	0.28%	0.18%	0.18%
SABR	B	0.02%	0.06%	0.02%
SAH	A	0.02%	0.04%	0.02%
SCL	D	0.01%	0.08%	0.01%
SDGR	D	0.08%	0.05%	0.05%
SEM	B	0.19%	0.19%	0.19%
SFBS	A	0.08%	0.22%	0.08%
SHAK	B	0.29%	0.24%	0.24%
SHOO	D	0.26%	0.15%	0.15%
SITM	B	0.23%	0.19%	0.19%
SKT	A	0.1%	0.18%	0.1%
SLP	F	0.04%	0.02%	0.02%
SLVM	B	0.05%	0.15%	0.05%
SM	C	0.06%	0.22%	0.06%
SMPL	B	0.23%	0.15%	0.15%
SMTC	C	0.22%	0.18%	0.18%
SNCY	B	0.02%	0.03%	0.02%
SNEX	A	0.02%	0.12%	0.02%
SONO	C	0.1%	0.08%	0.08%
SPNT	A	0.01%	0.06%	0.01%
SPSC	D	0.53%	0.31%	0.31%
SSTK	F	0.05%	0.04%	0.04%
STAA	F	0.13%	0.07%	0.07%
STEP	A	0.26%	0.19%	0.19%
SUPN	B	0.01%	0.09%	0.01%
SXI	A	0.12%	0.11%	0.11%
SXT	C	0.23%	0.15%	0.15%
TBBK	A	0.19%	0.12%	0.12%
TDW	F	0.25%	0.12%	0.12%
TFIN	A	0.12%	0.1%	0.1%
TGTX	B	0.24%	0.17%	0.17%
THRM	F	0.11%	0.06%	0.06%
THRY	F	0.04%	0.02%	0.02%
TILE	A	0.01%	0.07%	0.01%
TMDX	F	0.37%	0.13%	0.13%
TNC	F	0.06%	0.08%	0.06%
TNDM	F	0.2%	0.09%	0.09%
TPH	D	0.09%	0.18%	0.09%
TRN	A	0.19%	0.14%	0.14%
TRUP	A	0.1%	0.08%	0.08%
TTGT	C	0.05%	0.03%	0.03%
UCTT	F	0.13%	0.08%	0.08%
UFPT	C	0.17%	0.11%	0.11%
UHT	D	0.04%	0.02%	0.02%
UPBD	B	0.13%	0.07%	0.07%
URBN	C	0.05%	0.1%	0.05%
USPH	C	0.09%	0.06%	0.06%
VCEL	A	0.15%	0.12%	0.12%
VECO	F	0.11%	0.07%	0.07%
VICR	B	0.04%	0.06%	0.04%
VRRM	D	0.34%	0.17%	0.17%
VRTS	A	0.09%	0.07%	0.07%
VSCO	A	0.03%	0.12%	0.03%
VVI	A	0.05%	0.04%	0.04%
VYX	C	0.13%	0.09%	0.09%
WD	D	0.19%	0.16%	0.16%
WDFC	A	0.26%	0.17%	0.17%
WERN	B	0.02%	0.11%	0.02%
WHD	B	0.28%	0.2%	0.2%
WKC	C	0.01%	0.07%	0.01%
WOR	F	0.08%	0.06%	0.06%
WRLD	D	0.03%	0.02%	0.02%
WT	A	0.1%	0.06%	0.06%
WWW	A	0.1%	0.08%	0.08%
XNCR	B	0.04%	0.07%	0.04%
XPEL	B	0.08%	0.05%	0.05%
YELP	C	0.17%	0.11%	0.11%
YOU	D	0.21%	0.12%	0.12%
ZWS	B	0.36%	0.25%	0.25%

VTWG Overweight 679 Positions Relative to SAA

Symbol	Grade	Weight
PCVX	D	0.99%
INSM	D	0.84%
SFM	A	0.81%
AIT	A	0.63%
FN	C	0.63%
ENSG	D	0.58%
LNTH	F	0.55%
FLR	B	0.54%
HALO	D	0.52%
ANF	C	0.51%
MOD	C	0.5%
HQY	A	0.5%
NOVT	D	0.47%
HLNE	A	0.47%
CVLT	B	0.46%
RHP	B	0.46%
CWST	A	0.45%
VRNS	D	0.45%
EXLS	B	0.44%
CBT	C	0.44%
CHX	C	0.42%
BPMC	D	0.42%
EXPO	D	0.42%
WTS	A	0.41%
MMS	D	0.41%
ALTR	B	0.4%
ZETA	F	0.39%
GTLS	A	0.39%
BCO	F	0.38%
KNF	B	0.37%
BECN	B	0.37%
RNA	C	0.36%
QLYS	C	0.35%
TENB	D	0.35%
FFIN	A	0.35%
SIGI	A	0.35%
QTWO	A	0.34%
HRI	B	0.33%
UFPI	C	0.33%
RVMD	B	0.33%
RMBS	C	0.33%
STRL	B	0.32%
OSCR	F	0.3%
KAI	A	0.29%
CRDO	C	0.29%
CRNX	C	0.29%
WK	B	0.29%
HAE	A	0.29%
CWAN	B	0.28%
SLAB	F	0.27%
MDGL	C	0.27%
ENS	D	0.27%
NUVL	D	0.26%
AXNX	A	0.26%
ACLX	C	0.26%
POWI	D	0.26%
MWA	A	0.25%
RKLB	B	0.25%
PRCT	B	0.25%
LANC	D	0.25%
BLKB	D	0.25%
SGBX	F	0.25%
EVH	F	0.24%
AXSM	B	0.24%
TNET	F	0.23%
ATKR	C	0.23%
ICFI	F	0.23%
FOLD	F	0.23%
NSP	F	0.23%
CBZ	B	0.23%
AUR	D	0.22%
ROAD	B	0.22%
ACVA	A	0.22%
UPST	B	0.22%
SQSP	A	0.21%
PRIM	A	0.21%
RYTM	C	0.21%
DYN	F	0.21%
GH	B	0.2%
MGRC	B	0.19%
VC	F	0.19%
TWST	F	0.19%
PRFT	B	0.19%
IDYA	F	0.19%
HGV	B	0.19%
SKY	A	0.18%
RPD	C	0.18%
UEC	B	0.18%
OPCH	F	0.18%
BDC	B	0.18%
VCTR	B	0.17%
ARWR	D	0.17%
COMP	B	0.17%
IRTC	C	0.17%
FRSH	B	0.17%
IOVA	D	0.17%
BRZE	C	0.16%
CLSK	C	0.16%
PTCT	B	0.16%
SWTX	C	0.16%
BBIO	F	0.16%
VAL	F	0.16%
JOBY	B	0.15%
AI	C	0.15%
DNLI	C	0.15%
VERX	A	0.15%
KYMR	C	0.15%
CSTM	F	0.15%
INTA	B	0.14%
KOS	D	0.14%
HURN	B	0.14%
BE	A	0.14%
EWTX	C	0.14%
FLYW	B	0.14%
MQ	F	0.14%
VERA	B	0.13%
RXST	F	0.13%
PAR	A	0.13%
CLDX	F	0.13%
LAUR	A	0.13%
SMMT	D	0.13%
GERN	F	0.13%
ACAD	C	0.13%
GOLF	A	0.13%
SNDX	D	0.12%
ARVN	D	0.12%
ARDX	F	0.12%
IESC	B	0.12%
IMVT	D	0.12%
OSW	B	0.12%
NVCR	D	0.12%
STNE	F	0.12%
PFSI	D	0.12%
PD	C	0.12%
KROS	C	0.12%
HEES	B	0.11%
RDFN	D	0.11%
AESI	D	0.11%
PTON	B	0.11%
AGM	A	0.11%
MIRM	A	0.11%
KTOS	B	0.11%
BLBD	F	0.11%
TGLS	A	0.11%
MGNI	A	0.11%
BCRX	D	0.11%
RXRX	F	0.11%
OCUL	C	0.1%
SOUN	C	0.1%
INFN	C	0.1%
HROW	D	0.1%
APPN	B	0.1%
NVAX	F	0.1%
FLNC	D	0.1%
ALKT	B	0.1%
KURA	F	0.1%
JAMF	F	0.1%
WRBY	A	0.1%
NSSC	F	0.1%
LOB	A	0.1%
ENVX	F	0.1%
JBI	F	0.1%
SPT	C	0.1%
ALHC	C	0.09%
SAVA	C	0.09%
ZUO	A	0.09%
TARS	B	0.09%
AGL	F	0.09%
RCKT	F	0.09%
RRR	D	0.09%
AGX	B	0.09%
PHR	F	0.09%
JANX	C	0.09%
MNKD	B	0.09%
UPWK	B	0.09%
VRDN	C	0.08%
LBPH	A	0.08%
HLIO	B	0.08%
CGON	D	0.08%
TRNS	F	0.08%
COUR	F	0.08%
AMRX	C	0.08%
BKD	F	0.08%
AMBA	B	0.08%
REVG	A	0.08%
VITL	F	0.08%
KFRC	D	0.08%
SPNS	F	0.08%
CRAI	B	0.08%
EOLS	F	0.07%
WLY	B	0.07%
SMR	B	0.07%
MRVI	F	0.07%
DNUT	D	0.07%
COGT	D	0.07%
ASGN	D	0.07%
ASAN	C	0.07%
RVLV	A	0.07%
CMPR	F	0.07%
SHLS	F	0.07%
ERII	B	0.07%
ARQT	D	0.07%
CDRE	D	0.07%
NRIX	C	0.07%
VZIO	A	0.07%
ARRY	C	0.07%
DFH	F	0.07%
GPOR	A	0.07%
PNTG	D	0.07%
WULF	C	0.07%
OEC	C	0.07%
CWH	B	0.07%
USLM	A	0.07%
GSAT	B	0.06%
LMB	A	0.06%
CGEM	F	0.06%
XMTR	C	0.06%
FSLY	D	0.06%
UTZ	D	0.06%
KBH	D	0.06%
GRC	B	0.06%
RSI	B	0.06%
CECO	C	0.06%
AMSC	C	0.06%
MEG	F	0.06%
PRO	C	0.06%
PAGS	F	0.06%
ELVN	C	0.06%
DRVN	A	0.06%
ATRC	C	0.06%
BLND	B	0.06%
BBSI	A	0.06%
IMAX	B	0.06%
PUBM	D	0.05%
LPRO	C	0.05%
BASE	C	0.05%
TPB	A	0.05%
DAWN	D	0.05%
UTI	A	0.05%
ANAB	F	0.05%
CDMO	A	0.05%
ACHR	B	0.05%
APLD	C	0.05%
ZIP	D	0.05%
IBUY	B	0.05%
LMND	A	0.05%
IE	C	0.05%
ACMR	F	0.05%
UDMY	D	0.05%
SPRY	C	0.05%
AUPH	B	0.05%
YEXT	A	0.05%
IMNM	F	0.05%
CASS	B	0.04%
YMAB	D	0.04%
PRMW	C	0.04%
DJCO	B	0.04%
APLT	C	0.04%
SRRK	C	0.04%
WEAV	B	0.04%
NRDS	C	0.04%
PLOW	D	0.04%
ALX	D	0.04%
ABUS	D	0.04%
EVER	F	0.04%
TREE	F	0.04%
REAX	C	0.04%
ARHS	F	0.04%
EU	F	0.04%
RVNC	F	0.04%
WVE	C	0.04%
MAX	F	0.04%
NEXT	B	0.04%
SGHC	A	0.04%
LEU	C	0.04%
SANA	F	0.04%
NNBR	C	0.04%
CYTK	D	0.04%
EVRI	A	0.04%
SEMR	D	0.04%
CCB	A	0.04%
OSPN	B	0.04%
ATEC	C	0.04%
LQDA	F	0.04%
PTLO	F	0.04%
IMXI	B	0.04%
AXGN	D	0.04%
DBRG	D	0.04%
HCKT	A	0.04%
FA	D	0.04%
ACEL	B	0.04%
GDYN	C	0.04%
PAX	C	0.04%
AIV	C	0.04%
SRDX	C	0.03%
MNTK	F	0.03%
TSHA	D	0.03%
CDNA	D	0.03%
NRC	F	0.03%
SKWD	A	0.03%
FDMT	F	0.03%
DSGR	C	0.03%
ASPN	F	0.03%
AEHR	F	0.03%
PPTA	A	0.03%
DHIL	A	0.03%
ALEC	F	0.03%
URGN	F	0.03%
PX	A	0.03%
CELC	F	0.03%
TTI	B	0.03%
NVEC	D	0.03%
DMRC	D	0.03%
BAND	C	0.03%
SVRA	F	0.03%
CBL	B	0.03%
ESQ	B	0.03%
CTLP	B	0.03%
XERS	C	0.03%
MITK	C	0.03%
IRMD	B	0.03%
MNMD	B	0.03%
BYND	F	0.03%
CRMD	C	0.03%
PRTA	F	0.03%
AMRC	F	0.03%
CYH	F	0.03%
IDT	B	0.03%
BIGC	C	0.03%
GCMG	B	0.03%
STOK	D	0.03%
BBW	B	0.03%
AGS	A	0.03%
HY	F	0.03%
LFST	C	0.03%
KALV	F	0.03%
SIBN	D	0.03%
INOD	B	0.03%
FLNG	D	0.03%
FC	F	0.03%
ENFN	A	0.03%
GIC	F	0.03%
ARCT	F	0.03%
JELD	F	0.03%
CIFR	B	0.03%
FWRG	C	0.03%
IBTA	C	0.03%
KRUS	C	0.03%
HUMA	F	0.03%
TYRA	F	0.03%
HLF	C	0.03%
VSEC	B	0.02%
WTI	F	0.02%
EWCZ	D	0.02%
LNZA	F	0.02%
LOVE	A	0.02%
SERA	F	0.02%
REAL	B	0.02%
GCBC	B	0.02%
TRAK	A	0.02%
PRME	F	0.02%
PCT	C	0.02%
SGHT	F	0.02%
ABSI	F	0.02%
SYNA	C	0.02%
ULCC	B	0.02%
PBPB	B	0.02%
SIGA	F	0.02%
IGMS	F	0.02%
DENN	C	0.02%
LIND	A	0.02%
ALT	C	0.02%
CSTL	C	0.02%
TDOC	C	0.02%
SKYT	F	0.02%
NTST	D	0.02%
OLO	B	0.02%
OCGN	F	0.02%
DOMO	C	0.02%
BLZE	D	0.02%
TH	C	0.02%
EGHT	C	0.02%
CRCT	F	0.02%
LAZR	C	0.02%
RCEL	C	0.02%
LRMR	D	0.02%
TMCI	C	0.02%
BMEA	F	0.02%
RIOT	B	0.02%
INST	B	0.02%
MIR	A	0.02%
SFL	F	0.02%
CYRX	D	0.02%
GRND	B	0.02%
BYRN	A	0.02%
NIC	A	0.02%
CHPT	F	0.02%
XPOF	B	0.02%
CMPO	C	0.02%
GHM	A	0.02%
NNOX	D	0.02%
FNA	B	0.02%
RDVT	B	0.02%
CERS	D	0.02%
LUNG	F	0.02%
EAF	B	0.02%
LYTS	A	0.02%
METC	C	0.02%
BWMN	C	0.02%
PLSE	C	0.02%
IGT	F	0.02%
SRCL	B	0.02%
VGR	B	0.02%
AKRO	C	0.02%
DK	D	0.02%
CAPR	B	0.02%
LWLG	D	0.02%
MDXG	A	0.02%
MLNK	C	0.02%
CSV	B	0.02%
ATEX	F	0.02%
DAKT	A	0.01%
AVO	B	0.01%
NWPX	A	0.01%
LXRX	F	0.01%
OVID	D	0.01%
YORW	D	0.01%
AKYA	D	0.01%
NGVC	A	0.01%
INMB	F	0.01%
MAPS	C	0.01%
FOR	F	0.01%
NRDY	F	0.01%
CCO	D	0.01%
ODC	D	0.01%
BLNK	F	0.01%
REKR	F	0.01%
VERU	F	0.01%
OMER	B	0.01%
EP	C	0.01%
CVGW	C	0.01%
MLYS	D	0.01%
STKS	F	0.01%
EVI	D	0.01%
MODV	C	0.01%
GCO	B	0.01%
CTGO	F	0.01%
RCKY	F	0.01%
QUAD	B	0.01%
ESPR	C	0.01%
GLSI	F	0.01%
SCWO	F	0.01%
EVEX	F	0.01%
IAS	D	0.01%
STTK	F	0.01%
CWCO	C	0.01%
DC	F	0.01%
GNE	F	0.01%
FULC	F	0.01%
NPCE	C	0.01%
ACCD	F	0.01%
MRAM	D	0.01%
NTIC	C	0.01%
EGAN	C	0.01%
GOOD	B	0.01%
UVE	A	0.01%
ACHV	F	0.01%
AQST	D	0.01%
THR	C	0.01%
PFIS	A	0.01%
SSTI	F	0.01%
STXS	C	0.01%
ULH	B	0.01%
PKE	B	0.01%
STGW	B	0.01%
KFS	B	0.01%
QUIK	F	0.01%
IRON	C	0.01%
DESP	A	0.01%
SKIN	D	0.01%
RILY	F	0.01%
LAW	D	0.01%
AVXL	C	0.01%
INBK	A	0.01%
MGTX	B	0.01%
FFWM	B	0.01%
BBAI	C	0.01%
GRPN	F	0.01%
SMLR	B	0.01%
MRSN	C	0.01%
XFOR	F	0.01%
LFMD	C	0.01%
TIPT	A	0.01%
CTOS	B	0.01%
BDTX	F	0.01%
LWAY	D	0.01%
CVRX	C	0.01%
HNST	A	0.01%
PEPG	F	0.01%
SMTI	C	0.01%
ACIC	B	0.01%
TAYD	F	0.01%
PRCH	B	0.01%
BRY	F	0.01%
PSTL	C	0.01%
TRVI	F	0.01%
JILL	C	0.01%
PAYS	F	0.01%
PRTH	B	0.01%
OLMA	F	0.01%
PETQ	A	0.01%
CDZI	B	0.01%
JYNT	D	0.01%
ZYXI	D	0.01%
SKYH	B	0.01%
MVIS	F	0.01%
PLUG	D	0.01%
KLTR	A	0.01%
CDLX	D	0.01%
SCPH	F	0.01%
LCTX	D	0.01%
INFU	B	0.01%
OPRX	F	0.01%
XOMA	B	0.01%
PHAT	F	0.01%
TSQ	C	0.01%
CADL	F	0.01%
QRHC	F	0.01%
MDWD	F	0.01%
FHTX	C	0.01%
BTMD	D	0.01%
ORIC	D	0.01%
GWRS	C	0.01%
SMID	B	0.01%
ADCT	F	0.01%
HEAR	C	0.01%
MLP	C	0.01%
AEYE	C	0.01%
EVCM	B	0.01%
BRCC	F	0.01%
BVS	D	0.01%
ARAY	D	0.01%
KNTK	A	0.01%
TCX	F	0.01%
INMD	C	0.01%
DSP	A	0.01%
MGNX	D	0.01%
LIVN	C	0.01%
GAMB	A	0.01%
OFLX	C	0.01%
PESI	C	0.01%
KRT	A	0.01%
CDXC	B	0.01%
ZURA	D	0.01%
ALTG	C	0.01%
EYPT	D	0.01%
PFMT	F	0.01%
UMH	C	0.01%
AVAH	B	0.01%
EB	C	0.01%
RICK	B	0.01%
NATH	B	0.01%
INDI	C	0.01%
INSE	B	0.01%
MASS	F	0.0%
LLAP	F	0.0%
QRTEB	F	0.0%
GRWG	F	0.0%
LYRA	F	0.0%
BSVN	A	0.0%
SES	F	0.0%
RSVR	B	0.0%
SPCE	D	0.0%
ATLC	A	0.0%
TDUP	C	0.0%
PGEN	F	0.0%
QIPT	F	0.0%
ULBI	F	0.0%
HLVX	D	0.0%
VIRC	C	0.0%
VGAS	C	0.0%
RMNI	C	0.0%
LUNR	B	0.0%
RENB	F	0.0%
HOWL	F	0.0%
CZFS	A	0.0%
FBIZ	A	0.0%
PLPC	B	0.0%
ELEV	F	0.0%
EVC	B	0.0%
AMPX	C	0.0%
APEI	B	0.0%
ORGO	B	0.0%
BOC	D	0.0%
CTV	D	0.0%
HRTX	F	0.0%
MEC	D	0.0%
DIBS	F	0.0%
CDXS	C	0.0%
RGLS	F	0.0%
CIX	B	0.0%
TERN	F	0.0%
AKBA	C	0.0%
SHYF	C	0.0%
FENC	F	0.0%
ANET	C	0.0%
SST	F	0.0%
AVTE	D	0.0%
LSEA	F	0.0%
CLBK	B	0.0%
ORN	C	0.0%
ALDX	F	0.0%
VRCA	F	0.0%
LASR	F	0.0%
DLHC	F	0.0%
HBIO	F	0.0%
IIIV	B	0.0%
TNYA	D	0.0%
CHRS	F	0.0%
SGC	C	0.0%
RM	D	0.0%
FUBO	F	0.0%
ATOS	D	0.0%
GALT	C	0.0%
MITT	D	0.0%
VALU	A	0.0%
INNV	D	0.0%
NATR	B	0.0%
PBYI	D	0.0%
CHCT	C	0.0%
OOMA	A	0.0%
MPX	C	0.0%
METCB	C	0.0%
CRDF	D	0.0%
MLR	B	0.0%
RDW	A	0.0%
HCAT	C	0.0%
AOMR	D	0.0%
NGS	A	0.0%
USCB	A	0.0%
REPX	A	0.0%
MCBS	A	0.0%
MYFW	A	0.0%
CABA	F	0.0%
PLL	C	0.0%
EPM	A	0.0%
FG	A	0.0%
OABI	D	0.0%
CMRE	B	0.0%
GMGI	C	0.0%
QBTS	B	0.0%
ITIC	A	0.0%
OUST	C	0.0%
CURV	D	0.0%
SWBI	D	0.0%
FIGS	F	0.0%
FLWS	D	0.0%
OBIO	C	0.0%
HDSN	F	0.0%
PTVE	C	0.0%
SHBI	A	0.0%
PSTX	D	0.0%
ARKO	D	0.0%
CLPR	D	0.0%
ATNM	D	0.0%
BMBL	C	0.0%
EGY	F	0.0%
DIN	C	0.0%
ALXO	F	0.0%
ANIK	D	0.0%
DCGO	B	0.0%
OPEN	F	0.0%
HQI	B	0.0%
HOV	F	0.0%
AIRS	C	0.0%
QTRX	D	0.0%
TTSH	D	0.0%
VTSI	C	0.0%
BOOM	F	0.0%

VTWG Underweight 294 Positions Relative to SAA

Symbol	Grade	Weight
LUMN	C	-0.44%
CMA	A	-0.41%
JXN	B	-0.37%
RHI	B	-0.35%
ATI	D	-0.33%
VFC	B	-0.31%
MTH	D	-0.31%
BBWI	C	-0.3%
AWI	A	-0.3%
ALK	A	-0.29%
ETSY	D	-0.28%
LNC	A	-0.27%
EPRT	C	-0.26%
INSP	F	-0.26%
MATX	B	-0.25%
ABG	A	-0.24%
SLG	B	-0.24%
GPI	A	-0.24%
RDN	C	-0.23%
ACA	B	-0.23%
SEE	B	-0.23%
GTES	B	-0.22%
AL	A	-0.22%
SANM	B	-0.21%
MHO	D	-0.21%
AGO	A	-0.2%
BGC	B	-0.2%
SIG	B	-0.2%
ABCB	A	-0.2%
SKYW	A	-0.2%
OGN	F	-0.19%
KFY	B	-0.19%
MAC	A	-0.19%
ICUI	D	-0.19%
RUSHA	B	-0.18%
HCC	B	-0.18%
DXC	C	-0.18%
CRC	B	-0.18%
PBH	A	-0.18%
CATY	A	-0.17%
AUB	A	-0.17%
FULT	A	-0.17%
UCB	A	-0.17%
IAC	D	-0.17%
MSGS	B	-0.17%
NWL	B	-0.17%
CEIX	A	-0.16%
GEO	A	-0.16%
FHB	A	-0.16%
REZI	A	-0.16%
HP	C	-0.16%
APLE	B	-0.16%
HIW	D	-0.16%
BTU	B	-0.16%
ABM	B	-0.16%
CBU	A	-0.16%
MDU	D	-0.16%
DEI	B	-0.15%
BXMT	D	-0.15%
WSFS	A	-0.15%
HASI	F	-0.15%
BRC	C	-0.15%
CWK	B	-0.15%
IIPR	F	-0.14%
UNF	A	-0.14%
ARCH	B	-0.14%
GNW	A	-0.14%
INDB	A	-0.14%
PENN	B	-0.14%
BOH	A	-0.14%
SFNC	B	-0.14%
SATS	D	-0.14%
TGNA	B	-0.14%
TDS	B	-0.14%
PRK	A	-0.13%
CPK	A	-0.13%
UE	B	-0.13%
LXP	D	-0.13%
CVBF	A	-0.13%
VIRT	A	-0.13%
BKU	A	-0.13%
ABR	C	-0.13%
BFH	A	-0.13%
AVA	C	-0.13%
MPW	F	-0.13%
PTEN	D	-0.13%
WAFD	A	-0.13%
HUBG	A	-0.13%
VSTO	A	-0.12%
TTMI	B	-0.12%
FCPT	C	-0.12%
AKR	B	-0.12%
MTX	B	-0.12%
ENVA	A	-0.12%
PPBI	A	-0.12%
FFBC	A	-0.12%
DV	C	-0.12%
PFS	A	-0.12%
VIAV	B	-0.11%
RNST	A	-0.11%
TRMK	A	-0.11%
MP	B	-0.11%
PINC	B	-0.11%
IBTX	A	-0.11%
STRA	C	-0.11%
SBCF	A	-0.11%
CXW	B	-0.11%
BANR	A	-0.11%
ZD	B	-0.11%
FTRE	D	-0.1%
KAR	A	-0.1%
B	A	-0.1%
MRCY	B	-0.1%
SHO	D	-0.1%
ROIC	A	-0.1%
LGND	B	-0.1%
BANC	A	-0.1%
AAP	D	-0.1%
PHIN	A	-0.1%
HAYW	A	-0.1%
RUN	F	-0.1%
KMT	B	-0.1%
CWEN	D	-0.1%
OMCL	C	-0.1%
NBTB	A	-0.1%
JBLU	C	-0.09%
DRH	B	-0.09%
KSS	F	-0.09%
FBK	A	-0.09%
OI	C	-0.09%
STC	A	-0.09%
GBX	A	-0.09%
FL	F	-0.09%
OFG	B	-0.09%
HMN	A	-0.08%
NHC	B	-0.08%
MLKN	F	-0.08%
KN	B	-0.08%
TRIP	D	-0.08%
LTC	B	-0.08%
LZB	A	-0.08%
GO	C	-0.08%
THS	F	-0.08%
WGO	B	-0.08%
ADNT	F	-0.08%
EPC	F	-0.08%
NWBI	A	-0.08%
ROG	D	-0.08%
CABO	B	-0.08%
FBNC	A	-0.08%
BHE	B	-0.08%
NBHC	A	-0.08%
FCF	A	-0.08%
UNIT	B	-0.07%
VRE	A	-0.07%
TALO	C	-0.07%
SNDR	B	-0.07%
HTH	B	-0.07%
JBGS	D	-0.07%
DNOW	A	-0.07%
WABC	A	-0.07%
XHR	B	-0.07%
PRDO	B	-0.07%
ELME	D	-0.07%
CUBI	B	-0.07%
GNL	D	-0.07%
PEB	F	-0.07%
NWN	A	-0.07%
MYGN	F	-0.07%
GTY	C	-0.07%
NTCT	B	-0.07%
VBTX	A	-0.07%
WS	B	-0.07%
STBA	A	-0.07%
VSTS	F	-0.07%
LEG	F	-0.07%
HOPE	A	-0.07%
IART	C	-0.07%
SJW	F	-0.07%
GIII	D	-0.06%
TGI	A	-0.06%
RC	F	-0.06%
WOLF	F	-0.06%
BHLB	A	-0.06%
UNFI	A	-0.06%
SAFT	A	-0.06%
UVV	B	-0.06%
DEA	D	-0.06%
SBH	A	-0.06%
EIG	A	-0.06%
AAT	C	-0.06%
COHU	D	-0.06%
MD	B	-0.06%
MODG	F	-0.06%
KW	C	-0.06%
HELE	C	-0.06%
FOXF	F	-0.06%
ALEX	B	-0.06%
NX	C	-0.06%
MMI	A	-0.05%
SBSI	B	-0.05%
XRX	F	-0.05%
DLX	A	-0.05%
NXRT	A	-0.05%
SXC	A	-0.05%
ALGT	A	-0.05%
EFC	D	-0.05%
BRKL	A	-0.05%
FBRT	C	-0.05%
DAN	F	-0.05%
CARS	B	-0.05%
CSR	A	-0.05%
FDP	A	-0.05%
PFBC	A	-0.05%
PMT	D	-0.05%
ARI	D	-0.05%
SCSC	B	-0.05%
DCOM	A	-0.05%
DGII	B	-0.05%
ECPG	B	-0.05%
NAVI	D	-0.05%
CRK	A	-0.05%
CERT	F	-0.05%
AXL	C	-0.04%
CPF	A	-0.04%
ASIX	B	-0.04%
VTLE	C	-0.04%
CFFN	A	-0.04%
ASTE	B	-0.04%
EGBN	A	-0.04%
PRA	A	-0.04%
HCSG	B	-0.04%
WNC	C	-0.04%
VIR	C	-0.04%
MNRO	B	-0.04%
HFWA	A	-0.04%
PARR	D	-0.04%
CNXN	D	-0.04%
TMP	A	-0.04%
CWEN	D	-0.04%
VTOL	B	-0.04%
BDN	D	-0.04%
ODP	F	-0.04%
AVNS	F	-0.04%
PRAA	C	-0.04%
HSII	B	-0.04%
UTL	C	-0.04%
RWT	D	-0.04%
PRLB	B	-0.04%
NVRI	F	-0.03%
GDOT	C	-0.03%
SHEN	F	-0.03%
MTUS	F	-0.03%
EZPW	A	-0.03%
PUMP	F	-0.03%
AOSL	F	-0.03%
WSR	B	-0.03%
HZO	F	-0.03%
SPTN	F	-0.03%
HPP	F	-0.03%
SCHL	F	-0.03%
ETD	D	-0.03%
SCVL	F	-0.03%
HAIN	F	-0.03%
FWRD	D	-0.03%
TRST	A	-0.03%
GDEN	B	-0.03%
INN	D	-0.03%
MATV	F	-0.03%
SMP	C	-0.03%
GPRE	F	-0.03%
SWI	B	-0.03%
HAFC	A	-0.03%
MATW	C	-0.03%
CTKB	C	-0.03%
VSAT	F	-0.03%
KOP	C	-0.03%
HAYN	A	-0.03%
SEDG	F	-0.03%
CNSL	A	-0.02%
TWI	F	-0.02%
HTZ	C	-0.02%
FLGT	F	-0.02%
NPK	B	-0.02%
USNA	C	-0.02%
GES	F	-0.02%
RES	F	-0.02%
RGNX	F	-0.02%
TR	A	-0.02%
BGS	F	-0.02%
UFCS	A	-0.02%
SVC	F	-0.02%
KELYA	F	-0.02%
AMBC	C	-0.02%