VTWG vs. VFMO ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to Vanguard U.S. Momentum Factor ETF (VFMO)

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

$192.10

Average Daily Volume

42,517

Number of Holdings ^*

971

* may have additional holdings in another (foreign) market

VFMO

Vanguard U.S. Momentum Factor ETF

VFMO Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong recent performance 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 strong recent performance as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. 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

$148.12

Average Daily Volume

28,093

Number of Holdings ^*

579

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	VFMO
30 Days	2.86%	2.78%
60 Days	0.33%	-1.81%
90 Days	1.92%	0.08%
12 Months	13.00%	25.18%

260 Overlapping Holdings

Symbol	Grade	Weight in VTWG	Weight in VFMO	Overlap
ACIC	D	0.01%	0.11%	0.01%
ACLX	A	0.2%	0.11%	0.11%
ACMR	F	0.05%	0.08%	0.05%
ACVA	B	0.19%	0.06%	0.06%
ADMA	B	0.2%	0.19%	0.19%
AEO	D	0.23%	0.08%	0.08%
AGM	D	0.12%	0.1%	0.1%
AGX	A	0.07%	0.02%	0.02%
AGYS	C	0.18%	0.05%	0.05%
AIR	D	0.03%	0.06%	0.03%
AIT	C	0.62%	0.16%	0.16%
ALKT	C	0.11%	0.07%	0.07%
ALT	F	0.02%	0.11%	0.02%
ALTR	D	0.37%	0.05%	0.05%
ALXO	F	0.01%	0.07%	0.01%
AMR	F	0.24%	0.13%	0.13%
AMRX	A	0.07%	0.13%	0.07%
AMWD	D	0.01%	0.11%	0.01%
ANAB	B	0.05%	0.11%	0.05%
ANDE	D	0.02%	0.07%	0.02%
ANET	D	0.0%	0.06%	0.0%
ANET	D	0.0%	1.31%	0.0%
ANF	D	0.54%	0.25%	0.25%
ANIP	D	0.06%	0.09%	0.06%
ARCT	F	0.04%	0.04%	0.04%
ARDX	D	0.09%	0.12%	0.09%
ARLO	F	0.11%	0.05%	0.05%
AROC	D	0.23%	0.36%	0.23%
ASPN	C	0.02%	0.21%	0.02%
ATGE	C	0.04%	0.15%	0.04%
AUR	B	0.13%	0.1%	0.1%
AVAV	B	0.34%	0.13%	0.13%
AX	C	0.03%	0.04%	0.03%
AZZ	C	0.14%	0.21%	0.14%
BAND	F	0.04%	0.06%	0.04%
BASE	D	0.05%	0.08%	0.05%
BBIO	B	0.17%	0.08%	0.08%
BCC	C	0.2%	0.15%	0.15%
BKD	D	0.09%	0.17%	0.09%
BLBD	D	0.12%	0.25%	0.12%
BPMC	F	0.5%	0.26%	0.26%
CAL	B	0.03%	0.05%	0.03%
CASH	A	0.04%	0.05%	0.04%
CBZ	D	0.24%	0.11%	0.11%
CCOI	A	0.23%	0.02%	0.02%
CCS	B	0.03%	0.03%	0.03%
CDLX	F	0.02%	0.03%	0.02%
CDRE	D	0.07%	0.13%	0.07%
CECO	D	0.06%	0.09%	0.06%
CENT	D	0.0%	0.05%	0.0%
CENX	F	0.06%	0.09%	0.06%
CGEM	B	0.05%	0.09%	0.05%
CHCO	B	0.01%	0.07%	0.01%
CIFR	F	0.04%	0.11%	0.04%
CLSK	F	0.26%	0.13%	0.13%
CMPR	B	0.08%	0.11%	0.08%
CMRE	D	0.0%	0.04%	0.0%
COLL	B	0.09%	0.11%	0.09%
COOP	B	0.15%	0.17%	0.15%
CRAI	D	0.09%	0.05%	0.05%
CRDO	C	0.26%	0.04%	0.04%
CRMD	B	0.02%	0.02%	0.02%
CRNX	C	0.3%	0.15%	0.15%
CRS	B	0.51%	0.1%	0.1%
CRVL	B	0.2%	0.04%	0.04%
CSTL	A	0.01%	0.05%	0.01%
CSWI	C	0.37%	0.17%	0.17%
CTS	D	0.09%	0.04%	0.04%
CYTK	F	0.05%	0.2%	0.05%
DAKT	D	0.01%	0.04%	0.01%
DAWN	D	0.05%	0.09%	0.05%
DFH	C	0.06%	0.07%	0.06%
DFIN	B	0.08%	0.04%	0.04%
DXPE	B	0.0%	0.03%	0.0%
DYN	D	0.25%	0.14%	0.14%
EAT	B	0.19%	0.03%	0.03%
EGY	D	0.01%	0.1%	0.01%
ENSG	B	0.57%	0.11%	0.11%
EOLS	B	0.05%	0.09%	0.05%
EPAC	C	0.16%	0.03%	0.03%
EU	F	0.04%	0.1%	0.04%
EVER	D	0.05%	0.11%	0.05%
EWTX	D	0.09%	0.13%	0.09%
EYPT	F	0.02%	0.11%	0.02%
FBP	B	0.02%	0.22%	0.02%
FDMT	F	0.04%	0.05%	0.04%
FG	D	0.0%	0.08%	0.0%
FN	C	0.59%	0.28%	0.28%
FOR	D	0.01%	0.09%	0.01%
FSS	D	0.44%	0.05%	0.05%
GERN	D	0.14%	0.08%	0.08%
GFF	D	0.2%	0.21%	0.2%
GIC	F	0.03%	0.03%	0.03%
GKOS	B	0.42%	0.19%	0.19%
GMS	D	0.25%	0.05%	0.05%
GOLF	C	0.15%	0.03%	0.03%
GPOR	D	0.07%	0.28%	0.07%
GRBK	B	0.05%	0.08%	0.05%
GRND	C	0.02%	0.08%	0.02%
GSHD	A	0.16%	0.02%	0.02%
HCI	A	0.06%	0.09%	0.06%
HEES	F	0.11%	0.07%	0.07%
HIMS	F	0.3%	0.04%	0.04%
HLX	D	0.02%	0.2%	0.02%
HNI	B	0.09%	0.1%	0.09%
HOV	B	0.0%	0.13%	0.0%
HQY	D	0.49%	0.15%	0.15%
HRTX	F	0.0%	0.11%	0.0%
HUMA	D	0.06%	0.13%	0.06%
HURN	C	0.14%	0.12%	0.12%
HWKN	B	0.15%	0.07%	0.07%
HY	F	0.04%	0.11%	0.04%
IBP	D	0.48%	0.29%	0.29%
ICFI	B	0.2%	0.07%	0.07%
IDT	B	0.03%	0.02%	0.02%
IDYA	D	0.26%	0.09%	0.09%
IESC	C	0.09%	0.2%	0.09%
IMVT	B	0.12%	0.08%	0.08%
INOD	D	0.04%	0.07%	0.04%
INSM	C	0.83%	0.23%	0.23%
INVA	B	0.01%	0.16%	0.01%
IOVA	C	0.16%	0.08%	0.08%
ITGR	A	0.2%	0.1%	0.1%
ITRI	D	0.32%	0.02%	0.02%
JANX	C	0.08%	0.14%	0.08%
JELD	F	0.04%	0.05%	0.04%
JOE	C	0.16%	0.06%	0.06%
KALU	F	0.09%	0.02%	0.02%
KALV	D	0.04%	0.08%	0.04%
KROS	B	0.11%	0.08%	0.08%
KRUS	D	0.03%	0.02%	0.02%
KRYS	D	0.38%	0.11%	0.11%
KTB	B	0.29%	0.07%	0.07%
KTOS	C	0.11%	0.04%	0.04%
KURA	D	0.11%	0.08%	0.08%
LAUR	C	0.12%	0.07%	0.07%
LBPH	B	0.08%	0.18%	0.08%
LBRT	D	0.02%	0.22%	0.02%
LEU	F	0.03%	0.02%	0.02%
LMB	B	0.05%	0.18%	0.05%
LOB	B	0.1%	0.03%	0.03%
LPG	F	0.05%	0.14%	0.05%
LQDA	F	0.05%	0.12%	0.05%
LRN	B	0.24%	0.2%	0.2%
LYTS	B	0.02%	0.03%	0.02%
MARA	F	0.32%	0.1%	0.1%
MAX	B	0.03%	0.08%	0.03%
MCY	B	0.01%	0.16%	0.01%
MDXG	F	0.03%	0.06%	0.03%
METC	F	0.03%	0.09%	0.03%
MIR	D	0.02%	0.03%	0.02%
MITK	F	0.05%	0.02%	0.02%
MLI	B	0.54%	0.08%	0.08%
MOD	C	0.45%	0.16%	0.16%
MOG.A	C	0.41%	0.16%	0.16%
MRSN	F	0.01%	0.04%	0.01%
MTRN	D	0.17%	0.04%	0.04%
MYRG	F	0.17%	0.03%	0.03%
NMIH	B	0.02%	0.03%	0.02%
NNBR	D	0.05%	0.1%	0.05%
NPO	D	0.03%	0.1%	0.03%
NRIX	B	0.07%	0.1%	0.07%
NSIT	C	0.46%	0.19%	0.19%
NUVL	A	0.19%	0.14%	0.14%
OCGN	F	0.03%	0.04%	0.03%
OCUL	B	0.1%	0.07%	0.07%
OII	C	0.22%	0.09%	0.09%
OLMA	D	0.01%	0.06%	0.01%
ORIC	C	0.01%	0.09%	0.01%
OSCR	B	0.25%	0.2%	0.2%
OSIS	C	0.17%	0.04%	0.04%
OSW	D	0.12%	0.07%	0.07%
PAGS	F	0.09%	0.02%	0.02%
PAR	B	0.12%	0.04%	0.04%
PATK	B	0.2%	0.07%	0.07%
PCVX	A	0.63%	0.21%	0.21%
PETQ	A	0.01%	0.09%	0.01%
PFSI	A	0.11%	0.03%	0.03%
PI	C	0.26%	0.04%	0.04%
PLAY	F	0.09%	0.08%	0.08%
PLMR	B	0.17%	0.02%	0.02%
PNTG	B	0.06%	0.04%	0.04%
POWL	C	0.13%	0.19%	0.13%
PRCT	B	0.2%	0.08%	0.08%
PRG	B	0.02%	0.03%	0.02%
PRIM	C	0.2%	0.11%	0.11%
PRMW	A	0.03%	0.09%	0.03%
PTGX	B	0.16%	0.1%	0.1%
PTVE	D	0.0%	0.13%	0.0%
QNST	B	0.07%	0.05%	0.05%
RAMP	F	0.14%	0.03%	0.03%
RDNT	B	0.29%	0.08%	0.08%
REVG	C	0.09%	0.2%	0.09%
REX	F	0.01%	0.1%	0.01%
RNA	D	0.34%	0.17%	0.17%
ROAD	C	0.2%	0.13%	0.13%
ROCK	D	0.08%	0.03%	0.03%
RSI	D	0.06%	0.14%	0.06%
RVMD	D	0.33%	0.14%	0.14%
RXST	B	0.11%	0.15%	0.11%
RYTM	A	0.19%	0.11%	0.11%
SANA	D	0.06%	0.06%	0.06%
SEMR	D	0.04%	0.03%	0.03%
SFL	D	0.02%	0.23%	0.02%
SFM	B	0.74%	0.34%	0.34%
SGBX	F	0.2%	0.15%	0.15%
SHAK	C	0.24%	0.09%	0.09%
SHOO	C	0.24%	0.04%	0.04%
SIGA	D	0.03%	0.08%	0.03%
SKWD	A	0.03%	0.16%	0.03%
SLVM	B	0.04%	0.09%	0.04%
SM	D	0.07%	0.2%	0.07%
SMMT	B	0.07%	0.4%	0.07%
SMTC	B	0.15%	0.08%	0.08%
SOUN	D	0.11%	0.08%	0.08%
SPNS	D	0.09%	0.02%	0.02%
SPNT	B	0.01%	0.09%	0.01%
SPRY	B	0.04%	0.06%	0.04%
SRRK	D	0.04%	0.1%	0.04%
STEP	B	0.2%	0.05%	0.05%
STNE	F	0.14%	0.03%	0.03%
STRL	C	0.26%	0.14%	0.14%
SVRA	D	0.03%	0.06%	0.03%
SWTX	C	0.18%	0.08%	0.08%
SXI	C	0.12%	0.08%	0.08%
TARS	B	0.07%	0.1%	0.07%
TDW	F	0.35%	0.17%	0.17%
THR	D	0.01%	0.03%	0.01%
TILE	B	0.01%	0.09%	0.01%
TMDX	C	0.34%	0.09%	0.09%
TNC	D	0.07%	0.12%	0.07%
TNDM	B	0.18%	0.06%	0.06%
TPB	A	0.04%	0.04%	0.04%
TPH	B	0.09%	0.05%	0.05%
TREE	B	0.04%	0.12%	0.04%
TRN	C	0.18%	0.03%	0.03%
TWST	F	0.24%	0.11%	0.11%
UEC	F	0.17%	0.09%	0.09%
UFPT	B	0.17%	0.06%	0.06%
URBN	D	0.06%	0.03%	0.03%
URGN	F	0.03%	0.04%	0.03%
USLM	C	0.07%	0.02%	0.02%
UTI	D	0.05%	0.13%	0.05%
UVE	B	0.01%	0.06%	0.01%
VCEL	C	0.18%	0.05%	0.05%
VCTR	B	0.16%	0.19%	0.16%
VECO	F	0.14%	0.08%	0.08%
VERA	B	0.1%	0.16%	0.1%
VITL	D	0.09%	0.14%	0.09%
VRNS	C	0.45%	0.04%	0.04%
VSEC	C	0.01%	0.07%	0.01%
WDFC	A	0.26%	0.05%	0.05%
WEAV	C	0.03%	0.06%	0.03%
WOR	F	0.1%	0.07%	0.07%
WRLD	D	0.03%	0.02%	0.02%
WTS	D	0.42%	0.06%	0.06%
WULF	D	0.07%	0.17%	0.07%
XERS	B	0.03%	0.03%	0.03%
YMAB	B	0.03%	0.11%	0.03%
ZETA	B	0.26%	0.02%	0.02%

VTWG Overweight 712 Positions Relative to VFMO

Symbol	Grade	Weight
SPSC	D	0.59%
FLR	C	0.55%
LNTH	C	0.52%
HALO	B	0.51%
GTLS	F	0.5%
NOVT	C	0.48%
CHX	D	0.48%
CVLT	B	0.46%
BECN	D	0.45%
CWST	C	0.44%
BMI	C	0.44%
RHP	D	0.43%
MMS	C	0.42%
BCPC	C	0.42%
QLYS	F	0.41%
EXLS	B	0.41%
HLNE	B	0.41%
RMBS	F	0.41%
TENB	D	0.4%
CBT	B	0.4%
EXPO	B	0.39%
DY	D	0.38%
MDGL	D	0.37%
FFIN	B	0.37%
VRRM	D	0.37%
MMSI	A	0.36%
BCO	B	0.36%
ATKR	F	0.36%
PIPR	B	0.35%
MC	B	0.35%
FELE	D	0.35%
ALKS	B	0.34%
SIGI	D	0.34%
ZWS	D	0.33%
UFPI	D	0.33%
HAE	F	0.33%
KNF	C	0.33%
ACIW	B	0.33%
AEIS	D	0.32%
MGY	D	0.32%
HRI	D	0.32%
ENS	D	0.3%
ACLS	F	0.3%
KAI	D	0.3%
POWI	F	0.3%
WHD	C	0.3%
FORM	F	0.3%
GH	F	0.3%
BOOT	B	0.29%
BOX	A	0.29%
QTWO	B	0.29%
LANC	D	0.28%
SLAB	D	0.28%
NSP	F	0.27%
RXO	D	0.27%
WK	D	0.27%
AXNX	A	0.26%
TNET	F	0.25%
ALRM	F	0.25%
ARWR	F	0.25%
CVCO	B	0.25%
MWA	C	0.24%
BLKB	B	0.24%
SMPL	D	0.23%
FTDR	B	0.23%
IDCC	B	0.23%
SXT	C	0.23%
CORT	B	0.23%
PJT	C	0.23%
ENV	B	0.23%
VC	F	0.23%
VAL	F	0.23%
AXSM	A	0.23%
HGV	D	0.23%
ARCB	F	0.22%
FOLD	A	0.22%
LCII	B	0.21%
SEM	D	0.21%
DORM	B	0.2%
MGRC	D	0.2%
SQSP	A	0.2%
EVH	B	0.2%
IRTC	F	0.2%
CWAN	B	0.2%
BL	D	0.2%
TGTX	B	0.2%
APAM	D	0.2%
IOSP	D	0.2%
KWR	D	0.19%
FRSH	F	0.19%
AMN	F	0.19%
IPAR	D	0.19%
JJSF	C	0.19%
KOS	F	0.19%
KLIC	F	0.19%
SITM	C	0.19%
PRFT	A	0.19%
YELP	F	0.18%
JOBY	F	0.18%
NVCR	D	0.18%
OPCH	A	0.18%
RPD	F	0.18%
TBBK	B	0.18%
BE	F	0.18%
NARI	D	0.18%
GVA	B	0.18%
WD	B	0.18%
PRGS	B	0.18%
ASTH	B	0.17%
ACAD	F	0.17%
BRZE	F	0.17%
CSTM	D	0.17%
NATL	D	0.17%
CNS	B	0.17%
PGNY	D	0.17%
PRVA	D	0.16%
AGL	F	0.16%
CNMD	C	0.16%
ENVX	F	0.16%
UPST	B	0.16%
VERX	C	0.16%
MQ	F	0.16%
DOCN	B	0.16%
CARG	B	0.16%
ENR	B	0.16%
FLYW	D	0.16%
AI	F	0.16%
EVTC	D	0.16%
ALG	D	0.15%
CPRX	B	0.15%
BDC	B	0.15%
CLDX	A	0.15%
STAA	F	0.15%
JBI	F	0.15%
KYMR	B	0.15%
CNK	A	0.15%
SKY	B	0.15%
HBI	B	0.15%
SNDX	D	0.14%
PDFS	D	0.14%
CAKE	C	0.14%
YOU	B	0.14%
UCTT	F	0.14%
SPT	F	0.14%
PTCT	C	0.14%
NSSC	F	0.14%
AWR	B	0.13%
THRM	D	0.13%
DNLI	A	0.13%
LMAT	B	0.13%
ARVN	F	0.13%
CALX	D	0.13%
OTTR	D	0.13%
RKLB	B	0.13%
MIRM	B	0.12%
RCKT	F	0.12%
COMP	B	0.12%
ARRY	F	0.12%
HLIT	B	0.12%
MGNI	D	0.12%
PLUS	B	0.12%
NGVT	F	0.12%
AMPH	C	0.12%
RXRX	F	0.12%
WRBY	D	0.11%
AESI	B	0.11%
PSMT	B	0.11%
CHEF	B	0.11%
USPH	D	0.11%
APPN	F	0.11%
SONO	F	0.11%
BCRX	B	0.11%
UPWK	F	0.11%
ESE	C	0.11%
KFRC	D	0.1%
FUL	C	0.1%
BKE	B	0.1%
JAMF	D	0.1%
MGEE	B	0.1%
CSGS	C	0.1%
INTA	B	0.1%
NVAX	D	0.1%
OEC	F	0.1%
EXPI	F	0.09%
JACK	F	0.09%
MNKD	A	0.09%
ZUO	D	0.09%
WWW	A	0.09%
DVAX	C	0.09%
INFN	A	0.09%
PWSC	A	0.09%
SKT	A	0.09%
TGLS	B	0.09%
TRUP	B	0.09%
SDGR	F	0.09%
VRTS	D	0.09%
PHR	B	0.09%
RRR	C	0.09%
COUR	D	0.09%
HRMY	B	0.08%
MCRI	A	0.08%
XPEL	C	0.08%
ATEC	F	0.08%
HI	F	0.08%
PLXS	B	0.08%
HLIO	F	0.08%
AMBA	D	0.08%
MXL	F	0.08%
SILK	B	0.08%
PZZA	C	0.08%
ARQT	B	0.08%
MRVI	A	0.08%
OXM	F	0.08%
PDFS	D	0.08%
PRO	F	0.08%
SHLS	F	0.08%
PTON	B	0.08%
FIZZ	D	0.08%
CLB	F	0.08%
SFBS	B	0.08%
ASAN	F	0.08%
KLG	B	0.08%
MGPI	B	0.08%
RCUS	C	0.07%
WLY	C	0.07%
SAVA	B	0.07%
IMAX	B	0.07%
DNUT	C	0.07%
PUBM	F	0.07%
ACHR	F	0.07%
ATEN	D	0.07%
NEXT	D	0.07%
JBSS	D	0.07%
OUT	B	0.07%
ASGN	D	0.07%
RDFN	B	0.07%
EXTR	C	0.07%
CWH	C	0.07%
VZIO	A	0.07%
TRNS	D	0.07%
NABL	D	0.07%
FLNC	C	0.07%
CXM	F	0.07%
MEG	F	0.07%
ASO	C	0.07%
ADUS	B	0.06%
BLFS	B	0.06%
LMND	D	0.06%
VRDN	F	0.06%
HROW	B	0.06%
IMNM	D	0.06%
SMR	D	0.06%
KBH	B	0.06%
COGT	B	0.06%
DRVN	B	0.06%
CWT	B	0.06%
HLF	F	0.06%
AMSC	D	0.06%
TTGT	F	0.06%
ERII	D	0.06%
IE	F	0.06%
FSLY	F	0.06%
BBSI	C	0.06%
GRC	D	0.06%
SSTK	F	0.06%
CVI	F	0.06%
BLMN	F	0.06%
ALHC	A	0.06%
ELVN	D	0.06%
UDMY	F	0.06%
XMTR	D	0.05%
MCW	F	0.05%
AUPH	B	0.05%
THRY	D	0.05%
HCKT	B	0.05%
ATRI	B	0.05%
PECO	A	0.05%
ACEL	B	0.05%
BLND	B	0.05%
LPRO	F	0.05%
IBUY	D	0.05%
SLP	F	0.05%
ZIP	C	0.05%
UTZ	A	0.05%
ARHS	F	0.05%
ATRC	C	0.05%
MNMD	F	0.05%
VVI	D	0.05%
LNN	D	0.05%
IMXI	D	0.05%
AIN	D	0.05%
PAX	F	0.05%
BSIG	C	0.05%
RVLV	B	0.05%
GSAT	C	0.05%
BWMN	F	0.04%
APOG	C	0.04%
LQDT	C	0.04%
LAZR	F	0.04%
ALEC	F	0.04%
FLNG	D	0.04%
ABUS	A	0.04%
FWRG	D	0.04%
CASS	D	0.04%
FC	D	0.04%
SIBN	C	0.04%
AHCO	A	0.04%
OSPN	B	0.04%
IBTA	F	0.04%
ALX	B	0.04%
VICR	D	0.04%
FA	B	0.04%
AEHR	F	0.04%
STOK	A	0.04%
PLAB	F	0.04%
PLOW	B	0.04%
MYE	D	0.04%
EVRI	A	0.04%
XNCR	F	0.04%
GDYN	B	0.04%
CCB	B	0.04%
REAX	C	0.04%
NRDS	F	0.04%
SGHC	C	0.04%
BIGC	F	0.04%
PRTA	F	0.04%
DBRG	F	0.04%
YEXT	A	0.04%
AIV	B	0.04%
CDMO	C	0.04%
APLT	B	0.03%
ICHR	F	0.03%
BBW	A	0.03%
LRMR	D	0.03%
TSHA	F	0.03%
TMCI	F	0.03%
IGT	C	0.03%
PX	B	0.03%
EB	F	0.03%
CYH	A	0.03%
EGHT	F	0.03%
FNA	D	0.03%
DHIL	B	0.03%
SRDX	D	0.03%
RIOT	F	0.03%
AXGN	A	0.03%
PDCO	F	0.03%
IRMD	C	0.03%
ESQ	B	0.03%
BFS	B	0.03%
BYND	F	0.03%
DIOD	F	0.03%
MLNK	B	0.03%
AMSF	B	0.03%
NRC	F	0.03%
RILY	F	0.03%
MNTK	F	0.03%
RVNC	B	0.03%
CEVA	B	0.03%
GCMG	B	0.03%
CELC	F	0.03%
CBL	B	0.03%
CERS	C	0.03%
XPOF	F	0.03%
DK	F	0.03%
LWLG	F	0.03%
AMK	B	0.03%
NVEC	D	0.03%
CTLP	D	0.03%
CRGY	D	0.03%
WVE	F	0.03%
NNOX	F	0.03%
PTLO	C	0.03%
AGS	D	0.03%
TYRA	B	0.03%
ATEX	C	0.03%
UHT	A	0.03%
DMRC	F	0.03%
ENFN	D	0.03%
DJCO	B	0.03%
CHPT	F	0.03%
TTI	F	0.03%
CGON	A	0.03%
KRT	D	0.02%
LOVE	D	0.02%
ATNM	F	0.02%
GTHX	A	0.02%
RGR	F	0.02%
LIND	B	0.02%
JBT	F	0.02%
CDNA	B	0.02%
RICK	D	0.02%
SNEX	C	0.02%
CBRL	F	0.02%
TRAK	B	0.02%
SERA	C	0.02%
MRTN	D	0.02%
CRCT	D	0.02%
WTI	F	0.02%
NTST	A	0.02%
SNCY	D	0.02%
OLO	D	0.02%
FULC	B	0.02%
HTLD	D	0.02%
HSTM	C	0.02%
SAH	C	0.02%
TDOC	F	0.02%
GOGO	D	0.02%
RCEL	D	0.02%
SYNA	F	0.02%
GCBC	D	0.02%
NOG	D	0.02%
REAL	F	0.02%
ABSI	C	0.02%
BANF	B	0.02%
PPTA	B	0.02%
LUNG	C	0.02%
BLZE	F	0.02%
BRCC	F	0.02%
DENN	F	0.02%
NVEE	F	0.02%
SABR	F	0.02%
SGHT	D	0.02%
PLSE	B	0.02%
ALTG	F	0.02%
VGR	B	0.02%
DOMO	F	0.02%
INST	D	0.02%
RDVT	B	0.02%
IIIN	D	0.02%
NBR	F	0.02%
EWCZ	F	0.02%
LFST	A	0.02%
CTRE	A	0.02%
INDI	F	0.02%
AKRO	C	0.02%
TH	C	0.02%
NIC	B	0.02%
SRCL	A	0.02%
PBI	C	0.02%
WERN	D	0.02%
DSGR	B	0.02%
PRME	F	0.02%
LESL	F	0.02%
VSCO	A	0.02%
BJRI	D	0.02%
IRWD	F	0.02%
CYRX	D	0.02%
CSV	B	0.02%
APLD	D	0.02%
CENTA	D	0.02%
GHM	C	0.02%
AMRC	B	0.02%
CABA	F	0.01%
DIN	F	0.01%
AKYA	D	0.01%
BOOM	F	0.01%
PSTX	F	0.01%
ODC	C	0.01%
PCRX	F	0.01%
TTSH	D	0.01%
CTGO	D	0.01%
EYE	F	0.01%
EP	D	0.01%
OBIO	F	0.01%
QTRX	F	0.01%
ANIK	D	0.01%
CCO	D	0.01%
YORW	D	0.01%
SCWO	D	0.01%
AQST	B	0.01%
CRSR	F	0.01%
IRON	B	0.01%
MLYS	F	0.01%
ZURA	D	0.01%
ELEV	F	0.01%
EVI	F	0.01%
BMBL	D	0.01%
QUAD	F	0.01%
IAS	C	0.01%
PHAT	A	0.01%
EMBC	B	0.01%
CAPR	D	0.01%
LXRX	F	0.01%
RCKY	D	0.01%
MAPS	F	0.01%
GCO	D	0.01%
GOOD	A	0.01%
VERU	D	0.01%
VTSI	F	0.01%
PAHC	B	0.01%
DC	D	0.01%
BVS	B	0.01%
GLSI	D	0.01%
GNE	C	0.01%
DESP	C	0.01%
CURV	D	0.01%
MRAM	F	0.01%
STXS	C	0.01%
ACCD	D	0.01%
OMER	F	0.01%
ULH	C	0.01%
NTIC	F	0.01%
ACHV	F	0.01%
FFWM	C	0.01%
STTK	F	0.01%
LKFN	B	0.01%
INMB	F	0.01%
ALIM	B	0.01%
NPCE	D	0.01%
STKS	F	0.01%
STGW	C	0.01%
CWCO	F	0.01%
PRTH	C	0.01%
KFS	D	0.01%
PKE	D	0.01%
FHTX	B	0.01%
SUPN	B	0.01%
PFIS	C	0.01%
CVRX	F	0.01%
LAW	F	0.01%
TRVI	B	0.01%
BBAI	D	0.01%
REKR	F	0.01%
TIPT	B	0.01%
SKYH	B	0.01%
CADL	C	0.01%
NRDY	F	0.01%
INBK	B	0.01%
MVIS	F	0.01%
ESPR	F	0.01%
PSTL	B	0.01%
TAYD	B	0.01%
HNST	B	0.01%
CMPO	A	0.01%
VRCA	F	0.01%
PLUG	F	0.01%
MODV	B	0.01%
SMTI	C	0.01%
KLTR	D	0.01%
AVXL	D	0.01%
INFU	F	0.01%
XOMA	B	0.01%
XFOR	D	0.01%
ZYXI	F	0.01%
SKIN	D	0.01%
SSTI	D	0.01%
MGTX	F	0.01%
ADCT	F	0.01%
BLNK	F	0.01%
SCPH	B	0.01%
CRD.B	B	0.01%
QRHC	C	0.01%
HEAR	C	0.01%
CDXC	B	0.01%
EGAN	F	0.01%
MSEX	B	0.01%
QUIK	F	0.01%
GWRS	A	0.01%
KNTK	A	0.01%
GRPN	F	0.01%
AVAH	B	0.01%
BDTX	C	0.01%
LFMD	F	0.01%
BMEA	D	0.01%
MDWD	D	0.01%
LCTX	F	0.01%
IGMS	D	0.01%
SMID	D	0.01%
JYNT	F	0.01%
SMLR	F	0.01%
PEPG	F	0.01%
PRCH	F	0.01%
BRY	F	0.01%
CDZI	D	0.01%
PESI	D	0.01%
TSQ	F	0.01%
LIVN	D	0.01%
JILL	F	0.01%
BYRN	A	0.01%
GAMB	B	0.01%
ARAY	C	0.01%
ULCC	D	0.01%
UMH	A	0.01%
LGIH	C	0.01%
CTOS	F	0.01%
MLP	B	0.01%
CALM	B	0.01%
AEYE	C	0.01%
PAYS	C	0.01%
DSP	C	0.01%
PCT	F	0.01%
KREF	A	0.01%
PFMT	A	0.01%
NEO	B	0.01%
INMD	F	0.01%
EAF	F	0.01%
OFLX	D	0.01%
NATH	A	0.01%
OPRX	F	0.01%
EVCM	D	0.01%
SCL	D	0.01%
OMI	C	0.01%
MGNX	F	0.01%
MLAB	B	0.01%
ITI	A	0.01%
PBPB	C	0.01%
TCX	F	0.01%
SKYT	C	0.01%
LNZA	F	0.01%
INSE	D	0.01%
BTMD	D	0.01%
QRTEB	D	0.0%
LLAP	F	0.0%
GRWG	F	0.0%
LUNR	B	0.0%
MASS	F	0.0%
RSVR	D	0.0%
BSVN	B	0.0%
LYRA	F	0.0%
ATLC	C	0.0%
PTSI	D	0.0%
HLVX	F	0.0%
QIPT	F	0.0%
AMPX	F	0.0%
VGAS	F	0.0%
ULBI	F	0.0%
VIRC	C	0.0%
PGEN	F	0.0%
MEC	B	0.0%
SES	F	0.0%
CZFS	B	0.0%
RMNI	F	0.0%
HOWL	F	0.0%
FBIZ	B	0.0%
BOC	C	0.0%
ALDX	A	0.0%
PLPC	F	0.0%
EVC	D	0.0%
ORGO	D	0.0%
CIX	B	0.0%
RENB	F	0.0%
AVTE	D	0.0%
TDUP	F	0.0%
TERN	C	0.0%
DIBS	C	0.0%
CTV	F	0.0%
LSEA	B	0.0%
APEI	D	0.0%
AKBA	C	0.0%
CLBK	B	0.0%
RGLS	F	0.0%
CDXS	F	0.0%
ATOS	B	0.0%
GALT	B	0.0%
LASR	F	0.0%
RM	B	0.0%
SST	F	0.0%
IIIV	D	0.0%
FENC	F	0.0%
FUBO	D	0.0%
HBIO	F	0.0%
SHYF	C	0.0%
DLHC	D	0.0%
OOMA	A	0.0%
CRDF	F	0.0%
METCB	D	0.0%
VALU	D	0.0%
MITT	A	0.0%
INNV	B	0.0%
ORN	F	0.0%
HCAT	C	0.0%
CLPR	A	0.0%
SGC	F	0.0%
ITIC	B	0.0%
MYFW	A	0.0%
MPX	F	0.0%
RDW	D	0.0%
CHRS	F	0.0%
GMGI	D	0.0%
CHCT	F	0.0%
MLR	C	0.0%
NATR	F	0.0%
NGS	C	0.0%
MCBS	B	0.0%
FIGS	D	0.0%
QBTS	F	0.0%
USCB	B	0.0%
EPM	F	0.0%
REPX	D	0.0%
AOMR	D	0.0%
PLL	F	0.0%
OABI	F	0.0%
PBYI	F	0.0%
ARKO	D	0.0%
HDSN	F	0.0%
TNYA	F	0.0%
LWAY	B	0.0%
AHH	B	0.0%
SHBI	B	0.0%
NWPX	B	0.0%
EVEX	F	0.0%
AVO	A	0.0%
HQI	A	0.0%
OVID	D	0.0%
OPEN	D	0.0%
SWBI	D	0.0%
AIRS	F	0.0%
CVGW	C	0.0%
NGVC	A	0.0%
FLWS	F	0.0%
DCGO	C	0.0%

VTWG Underweight 319 Positions Relative to VFMO

Symbol	Grade	Weight
NVDA	D	-1.49%
AVGO	D	-1.34%
LLY	B	-1.29%
NFLX	B	-1.16%
META	C	-1.14%
GE	C	-1.09%
CRWD	F	-1.07%
KKR	B	-1.06%
WFC	D	-0.95%
APO	D	-0.9%
MU	F	-0.9%
PGR	A	-0.89%
ETN	D	-0.86%
CMG	D	-0.85%
C	D	-0.85%
KLAC	D	-0.82%
LRCX	F	-0.81%
UBER	B	-0.81%
AMZN	D	-0.79%
PCAR	D	-0.78%
MCK	D	-0.76%
TT	B	-0.73%
GOOG	D	-0.71%
TDG	B	-0.71%
MPC	D	-0.69%
PSX	D	-0.69%
APH	D	-0.58%
AMAT	F	-0.57%
COST	B	-0.54%
BSX	A	-0.53%
PH	B	-0.51%
AXP	B	-0.45%
EME	C	-0.44%
NU	B	-0.4%
WING	C	-0.39%
SPOT	C	-0.38%
DECK	C	-0.38%
SKYW	D	-0.37%
AWI	C	-0.37%
JPM	B	-0.37%
FANG	D	-0.37%
AGO	D	-0.35%
CAT	C	-0.34%
LEN	B	-0.34%
CRM	D	-0.34%
ALSN	B	-0.34%
PHM	B	-0.34%
FITB	B	-0.34%
CVNA	C	-0.33%
AIG	D	-0.33%
HLT	C	-0.32%
KEY	B	-0.32%
APP	B	-0.31%
FIX	C	-0.31%
VRT	F	-0.31%
CNM	F	-0.3%
WFRD	F	-0.3%
BPOP	B	-0.3%
DKNG	D	-0.3%
TJX	B	-0.29%
BKNG	C	-0.29%
DHI	B	-0.29%
QCOM	F	-0.29%
ONTO	D	-0.29%
RCL	C	-0.28%
CUBI	F	-0.28%
GM	B	-0.28%
TOL	B	-0.28%
SMCI	F	-0.27%
SHW	B	-0.25%
NVR	B	-0.25%
FCNCA	C	-0.25%
XPO	D	-0.25%
NOW	B	-0.25%
MSTR	F	-0.24%
MSFT	D	-0.24%
SAIA	D	-0.24%
CR	C	-0.23%
WAB	B	-0.23%
WSM	D	-0.23%
BRBR	A	-0.23%
CRBG	C	-0.23%
SSD	D	-0.23%
URI	C	-0.23%
FTI	D	-0.22%
SKX	B	-0.22%
AZEK	D	-0.22%
HOOD	D	-0.22%
FHN	C	-0.22%
TNK	D	-0.22%
NTNX	A	-0.22%
PPC	B	-0.21%
STC	B	-0.21%
ALL	B	-0.21%
OMF	D	-0.21%
DKS	C	-0.2%
FICO	A	-0.2%
DVA	B	-0.2%
WDC	D	-0.2%
EWBC	C	-0.2%
TRGP	A	-0.2%
ELF	F	-0.2%
STLD	D	-0.2%
FRPT	B	-0.19%
MEDP	D	-0.19%
EVR	B	-0.19%
TPG	B	-0.19%
VRTX	D	-0.19%
SCCO	D	-0.19%
ESTC	F	-0.19%
MLKN	D	-0.19%
CSL	C	-0.19%
INSW	D	-0.19%
AJG	A	-0.18%
COIN	F	-0.18%
LDOS	B	-0.18%
DPZ	D	-0.18%
BLDR	C	-0.18%
FULT	C	-0.18%
AIZ	B	-0.18%
RL	A	-0.18%
JXN	C	-0.18%
DHT	D	-0.18%
IBM	A	-0.18%
CELH	F	-0.18%
GWW	C	-0.17%
CLH	C	-0.17%
VKTX	C	-0.17%
PR	D	-0.17%
GWRE	A	-0.17%
NTRA	B	-0.17%
APG	D	-0.16%
BX	B	-0.16%
LIN	B	-0.16%
AXON	B	-0.16%
ESAB	D	-0.16%
SLM	D	-0.16%
ACGL	B	-0.16%
ARES	C	-0.16%
TPC	C	-0.15%
CACC	F	-0.15%
SCHW	D	-0.15%
NAT	D	-0.15%
CARR	B	-0.15%
LNW	B	-0.15%
ASB	C	-0.15%
OC	D	-0.15%
CADE	C	-0.15%
NVT	F	-0.15%
OWL	D	-0.15%
TMHC	B	-0.14%
TPX	D	-0.14%
AFRM	B	-0.14%
VLO	D	-0.14%
PSN	B	-0.14%
BLD	D	-0.14%
NR	D	-0.14%
CPRT	D	-0.14%
WMS	D	-0.14%
RS	D	-0.13%
LII	C	-0.13%
HUBB	C	-0.13%
CW	B	-0.13%
BGC	B	-0.13%
IBKR	B	-0.13%
ZIMV	D	-0.13%
NHC	B	-0.13%
DJT	F	-0.13%
EXP	B	-0.13%
AYI	C	-0.13%
MHO	B	-0.13%
LYFT	F	-0.13%
CASY	C	-0.13%
TREX	F	-0.12%
VNT	F	-0.12%
FCX	D	-0.12%
BV	B	-0.12%
FYBR	A	-0.12%
HCC	F	-0.12%
THC	B	-0.12%
GIII	A	-0.12%
MTH	B	-0.12%
SCS	C	-0.12%
HUBS	F	-0.12%
ANNX	B	-0.11%
MTG	B	-0.11%
MUSA	B	-0.11%
EHC	B	-0.11%
ATI	C	-0.11%
TDS	B	-0.11%
MATX	C	-0.11%
OFG	B	-0.11%
BKU	B	-0.11%
GNK	D	-0.11%
PRI	B	-0.11%
KD	D	-0.11%
HRB	B	-0.11%
RUSHA	C	-0.11%
GBX	D	-0.1%
CXW	D	-0.1%
PLTR	B	-0.1%
MSA	D	-0.1%
WWD	D	-0.1%
WRB	B	-0.1%
BAH	B	-0.1%
MTX	D	-0.1%
ORI	B	-0.1%
ROST	B	-0.1%
COKE	B	-0.1%
GOGL	D	-0.1%
GEO	D	-0.1%
NKTX	F	-0.1%
STNG	D	-0.1%
MSGE	B	-0.09%
DASH	B	-0.09%
BELFB	D	-0.09%
UWMC	B	-0.09%
NBIX	D	-0.09%
GNW	B	-0.09%
WSO	D	-0.09%
ABCB	B	-0.09%
NEU	D	-0.09%
AM	C	-0.09%
GRMN	B	-0.09%
TK	D	-0.09%
DUOL	B	-0.08%
JEF	B	-0.08%
PNR	B	-0.08%
TROX	F	-0.08%
ELAN	B	-0.08%
BOH	B	-0.08%
OLLI	D	-0.08%
ALLY	C	-0.08%
PWR	C	-0.08%
AMAL	B	-0.07%
UVV	B	-0.07%
PRDO	D	-0.07%
AFL	B	-0.07%
RDN	B	-0.07%
BRO	A	-0.07%
APPF	D	-0.07%
RGA	B	-0.07%
PSTG	F	-0.07%
AGIO	C	-0.07%
WINA	D	-0.07%
PINS	F	-0.07%
CDE	D	-0.07%
CAH	A	-0.07%
IT	B	-0.06%
SPB	B	-0.06%
NVRI	C	-0.06%
MTSI	D	-0.06%
CBOE	A	-0.06%
VIRT	A	-0.06%
MPWR	C	-0.06%
RKT	B	-0.06%
PTC	D	-0.06%
CPAY	B	-0.06%
SIG	F	-0.06%
KOP	D	-0.06%
M	F	-0.05%
FNF	B	-0.05%
TGI	D	-0.05%
ACT	A	-0.05%
TRMK	B	-0.05%
PRK	B	-0.05%
NTB	B	-0.05%
LZB	C	-0.05%
AOS	D	-0.05%
PBF	F	-0.05%
ACA	D	-0.05%
AMD	F	-0.05%
PVH	F	-0.05%
WTFC	B	-0.05%
INTU	D	-0.05%
ZEUS	F	-0.05%
USFD	B	-0.05%
PRM	B	-0.04%
SB	D	-0.04%
BLX	A	-0.04%
MBI	F	-0.04%
PAG	C	-0.04%
DDS	D	-0.04%
SNPS	D	-0.04%
PACK	D	-0.04%
EXEL	B	-0.04%
BALL	A	-0.04%
IBOC	C	-0.04%
INZY	D	-0.04%
PFBC	C	-0.04%
NMRK	A	-0.04%
SPOK	D	-0.04%
PFGC	B	-0.04%
LEN	B	-0.04%
MBIN	C	-0.03%
SCVL	B	-0.03%
CHRD	F	-0.03%
LOPE	D	-0.03%
NWSA	C	-0.03%
GPI	B	-0.03%
UHAL	B	-0.03%
ARCH	F	-0.03%
CNX	B	-0.03%
SXC	F	-0.03%
PARR	F	-0.03%
GTES	C	-0.02%
BHE	C	-0.02%
WAL	B	-0.02%
KEX	D	-0.02%
PFC	B	-0.02%
CPF	B	-0.02%
FBK	B	-0.02%
CACI	B	-0.02%
ATRO	C	-0.02%
AAON	C	-0.02%
CPS	D	-0.02%
SCSC	C	-0.02%
ASC	D	-0.02%
KMPR	C	-0.02%