VTWG vs. VIOG ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to Vanguard S&P Small-Cap 600 Growth ETF (VIOG)

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

$226.16

Average Daily Volume

33,378

Number of Holdings ^*

967

* may have additional holdings in another (foreign) market

VIOG

Vanguard S&P Small-Cap 600 Growth ETF

VIOG 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 S&P SmallCap 600® Growth Index, which represents the growth companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization growth stocks. 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

$127.50

Average Daily Volume

30,657

Number of Holdings ^*

347

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	VIOG
30 Days	9.79%	8.91%
60 Days	9.95%	6.73%
90 Days	10.52%	7.17%
12 Months	39.57%	33.63%

239 Overlapping Holdings

	Symbol	Grade	Weight in VTWG	Weight in VIOG	Overlap
	ACIW	B	0.38%	0.49%	0.38%
	ACLS	F	0.21%	0.5%	0.21%
	ADMA	B	0.27%	0.69%	0.27%
	ADUS	D	0.06%	0.15%	0.06%
	AEIS	B	0.3%	0.36%	0.3%
	AEO	F	0.21%	0.59%	0.21%
	AGYS	A	0.17%	0.36%	0.17%
	AHH	D	0.0%	0.05%	0.0%
	AIN	C	0.04%	0.2%	0.04%
	AIR	B	0.03%	0.24%	0.03%
	ALG	B	0.13%	0.28%	0.13%
	ALKS	B	0.31%	0.43%	0.31%
	ALRM	C	0.19%	0.4%	0.19%
	AMN	F	0.11%	0.13%	0.11%
	AMPH	D	0.14%	0.27%	0.14%
	AMR	C	0.17%	0.38%	0.17%
	AMSF	B	0.03%	0.06%	0.03%
	AMWD	C	0.01%	0.12%	0.01%
	ANDE	D	0.01%	0.13%	0.01%
	ANIP	F	0.06%	0.15%	0.06%
	AORT	B	0.06%	0.08%	0.06%
	APAM	B	0.21%	0.25%	0.21%
	APOG	B	0.04%	0.1%	0.04%
	ARCB	C	0.18%	0.38%	0.18%
	ARLO	C	0.07%	0.18%	0.07%
	AROC	B	0.25%	0.5%	0.25%
	ASTH	D	0.17%	0.35%	0.17%
	ATEN	B	0.08%	0.07%	0.07%
	ATGE	B	0.04%	0.42%	0.04%
	AVAV	D	0.42%	0.83%	0.42%
	AWR	B	0.13%	0.24%	0.13%
	AX	A	0.03%	0.32%	0.03%
	AZZ	B	0.14%	0.36%	0.14%
	BANF	B	0.02%	0.19%	0.02%
	BCC	B	0.19%	0.81%	0.19%
	BCPC	B	0.4%	0.47%	0.4%
	BFS	C	0.03%	0.04%	0.03%
	BKE	B	0.1%	0.12%	0.1%
	BL	B	0.23%	0.28%	0.23%
	BLFS	C	0.06%	0.08%	0.06%
	BLMN	F	0.05%	0.09%	0.05%
	BMI	B	0.44%	0.95%	0.44%
	BOOT	D	0.27%	0.75%	0.27%
	BOX	B	0.33%	0.43%	0.33%
	BSIG	A	0.05%	0.06%	0.05%
	CAKE	C	0.17%	0.13%	0.13%
	CALM	A	0.02%	0.45%	0.02%
	CALX	D	0.11%	0.16%	0.11%
	CARG	C	0.2%	0.39%	0.2%
	CASH	A	0.04%	0.24%	0.04%
	CCOI	B	0.26%	0.47%	0.26%
	CCS	D	0.02%	0.21%	0.02%
	CEVA	B	0.03%	0.04%	0.03%
	CHCO	B	0.01%	0.15%	0.01%
	CLB	B	0.07%	0.06%	0.06%
	CNK	B	0.19%	0.44%	0.19%
	CNMD	C	0.16%	0.33%	0.16%
	CNS	B	0.2%	0.19%	0.19%
	COLL	F	0.08%	0.18%	0.08%
	CORT	B	0.29%	0.41%	0.29%
	CPRX	C	0.18%	0.33%	0.18%
	CRS	A	0.53%	1.17%	0.53%
	CRVL	A	0.2%	0.44%	0.2%
	CSGS	B	0.1%	0.1%	0.1%
	CSWI	A	0.43%	0.9%	0.43%
	CTRE	D	0.03%	0.44%	0.03%
	CTS	C	0.09%	0.12%	0.09%
	CVCO	A	0.25%	0.52%	0.25%
	CVI	F	0.04%	0.06%	0.04%
	CWT	D	0.06%	0.19%	0.06%
	DFIN	D	0.07%	0.26%	0.07%
	DIOD	D	0.02%	0.27%	0.02%
	DOCN	D	0.19%	0.21%	0.19%
	DORM	B	0.22%	0.31%	0.22%
	DVAX	C	0.09%	0.2%	0.09%
	EAT	A	0.3%	0.21%	0.21%
	ENR	B	0.17%	0.14%	0.14%
	ENV	B	0.24%	0.19%	0.19%
	EPAC	B	0.18%	0.22%	0.18%
	ESE	B	0.12%	0.49%	0.12%
	EVTC	B	0.16%	0.32%	0.16%
	EXPI	C	0.08%	0.18%	0.08%
	EXTR	B	0.07%	0.17%	0.07%
	FBP	B	0.02%	0.51%	0.02%
	FELE	B	0.32%	0.61%	0.32%
	FIZZ	C	0.08%	0.09%	0.08%
	FORM	D	0.22%	0.52%	0.22%
	FSS	B	0.36%	0.84%	0.36%
	FTDR	A	0.29%	0.54%	0.29%
	FUL	F	0.08%	0.31%	0.08%
	GFF	A	0.18%	0.29%	0.18%
	GKOS	B	0.48%	1.05%	0.48%
	GMS	B	0.24%	0.53%	0.24%
	GOGO	C	0.01%	0.03%	0.01%
	GRBK	D	0.04%	0.38%	0.04%
	GSHD	A	0.18%	0.32%	0.18%
	GVA	A	0.23%	0.26%	0.23%
	HCI	C	0.07%	0.13%	0.07%
	HLIT	D	0.09%	0.13%	0.09%
	HLX	B	0.02%	0.23%	0.02%
	HNI	B	0.08%	0.22%	0.08%
	HRMY	D	0.07%	0.08%	0.07%
	HSTM	B	0.02%	0.05%	0.02%
	HTLD	B	0.02%	0.04%	0.02%
	HWKN	B	0.15%	0.36%	0.15%
	IBP	D	0.38%	0.84%	0.38%
	IDCC	A	0.28%	0.53%	0.28%
	IIIN	C	0.02%	0.06%	0.02%
	INVA	D	0.01%	0.08%	0.01%
	IOSP	B	0.17%	0.26%	0.17%
	IPAR	B	0.16%	0.34%	0.16%
	IRWD	F	0.01%	0.05%	0.01%
	ITGR	B	0.21%	0.64%	0.21%
	ITRI	B	0.34%	0.35%	0.34%
	JACK	D	0.07%	0.13%	0.07%
	JBSS	D	0.05%	0.07%	0.05%
	JBT	B	0.02%	0.28%	0.02%
	JJSF	B	0.19%	0.39%	0.19%
	JOE	F	0.14%	0.33%	0.14%
	KLIC	B	0.18%	0.23%	0.18%
	KRYS	B	0.32%	0.45%	0.32%
	KTB	B	0.35%	0.6%	0.35%
	KWR	C	0.16%	0.18%	0.16%
	LBRT	D	0.01%	0.46%	0.01%
	LCII	C	0.2%	0.28%	0.2%
	LGIH	D	0.01%	0.22%	0.01%
	LKFN	B	0.01%	0.12%	0.01%
	LMAT	A	0.13%	0.28%	0.13%
	LNN	B	0.05%	0.1%	0.05%
	LPG	F	0.04%	0.18%	0.04%
	LQDT	B	0.03%	0.07%	0.03%
	LRN	A	0.29%	0.53%	0.29%
	MARA	C	0.28%	0.7%	0.28%
	MC	C	0.35%	0.38%	0.35%
	MCRI	A	0.07%	0.15%	0.07%
	MCW	B	0.05%	0.04%	0.04%
	MGEE	C	0.1%	0.27%	0.1%
	MGPI	F	0.05%	0.1%	0.05%
	MGY	A	0.3%	0.68%	0.3%
	MLI	C	0.63%	1.24%	0.63%
	MMSI	B	0.42%	0.5%	0.42%
	MOG.A	B	0.4%	0.86%	0.4%
	MRTN	C	0.01%	0.07%	0.01%
	MSEX	B	0.01%	0.08%	0.01%
	MTRN	C	0.15%	0.34%	0.15%
	MXL	C	0.07%	0.1%	0.07%
	MYE	F	0.03%	0.04%	0.03%
	MYRG	B	0.16%	0.25%	0.16%
	NABL	F	0.06%	0.09%	0.06%
	NARI	C	0.19%	0.17%	0.17%
	NEO	C	0.01%	0.28%	0.01%
	NMIH	D	0.02%	0.31%	0.02%
	NOG	A	0.02%	0.52%	0.02%
	NPO	A	0.02%	0.23%	0.02%
	NSIT	F	0.36%	0.58%	0.36%
	OII	B	0.18%	0.37%	0.18%
	OSIS	B	0.15%	0.35%	0.15%
	OTTR	C	0.11%	0.48%	0.11%
	OUT	A	0.08%	0.16%	0.08%
	OXM	D	0.06%	0.19%	0.06%
	PATK	D	0.2%	0.47%	0.2%
	PAYO	A	0.14%	0.11%	0.11%
	PDFS	C	0.07%	0.14%	0.07%
	PECO	A	0.05%	0.35%	0.05%
	PGNY	F	0.09%	0.19%	0.09%
	PI	D	0.32%	0.5%	0.32%
	PIPR	B	0.36%	0.32%	0.32%
	PJT	A	0.24%	0.27%	0.24%
	PLAB	C	0.04%	0.16%	0.04%
	PLAY	D	0.09%	0.16%	0.09%
	PLMR	B	0.16%	0.37%	0.16%
	PLUS	F	0.12%	0.24%	0.12%
	PLXS	B	0.09%	0.24%	0.09%
	POWL	C	0.18%	0.31%	0.18%
	PRG	C	0.02%	0.3%	0.02%
	PRGS	A	0.2%	0.42%	0.2%
	PRVA	B	0.14%	0.28%	0.14%
	PTGX	C	0.2%	0.28%	0.2%
	PZZA	D	0.09%	0.12%	0.09%
	RAMP	C	0.12%	0.24%	0.12%
	RCUS	F	0.06%	0.05%	0.05%
	RDNT	B	0.32%	0.66%	0.32%
	REX	D	0.01%	0.11%	0.01%
	ROCK	C	0.07%	0.31%	0.07%
	RXO	C	0.28%	0.26%	0.26%
	SABR	C	0.02%	0.11%	0.02%
	SDGR	C	0.07%	0.08%	0.07%
	SFBS	B	0.09%	0.27%	0.09%
	SHAK	C	0.34%	0.61%	0.34%
	SHOO	D	0.24%	0.52%	0.24%
	SITM	B	0.23%	0.27%	0.23%
	SKT	B	0.1%	0.53%	0.1%
	SLP	D	0.03%	0.05%	0.03%
	SM	B	0.06%	0.67%	0.06%
	SMPL	B	0.23%	0.29%	0.23%
	SMTC	B	0.21%	0.23%	0.21%
	SNCY	C	0.02%	0.03%	0.02%
	SPNT	A	0.01%	0.21%	0.01%
	SPSC	C	0.45%	1.06%	0.45%
	SSTK	F	0.05%	0.06%	0.05%
	STAA	F	0.11%	0.16%	0.11%
	STEP	B	0.28%	0.16%	0.16%
	SUPN	C	0.01%	0.1%	0.01%
	SXI	B	0.12%	0.32%	0.12%
	SXT	B	0.22%	0.22%	0.22%
	TBBK	B	0.18%	0.39%	0.18%
	TDW	F	0.22%	0.51%	0.22%
	TFIN	A	0.13%	0.26%	0.13%
	TGTX	B	0.26%	0.46%	0.26%
	THRM	D	0.1%	0.1%	0.1%
	TMDX	F	0.19%	0.76%	0.19%
	TNC	D	0.05%	0.27%	0.05%
	TNDM	F	0.15%	0.19%	0.15%
	TPH	D	0.08%	0.38%	0.08%
	TRN	C	0.19%	0.21%	0.19%
	TRUP	B	0.13%	0.1%	0.1%
	TTGT	C	0.05%	0.05%	0.05%
	UFPT	B	0.14%	0.34%	0.14%
	UHT	D	0.03%	0.04%	0.03%
	UPBD	B	0.12%	0.13%	0.12%
	URBN	C	0.05%	0.32%	0.05%
	USPH	B	0.09%	0.1%	0.09%
	VCEL	B	0.16%	0.31%	0.16%
	VECO	F	0.1%	0.28%	0.1%
	VICR	B	0.04%	0.08%	0.04%
	VRRM	D	0.32%	0.67%	0.32%
	VRTS	B	0.09%	0.13%	0.09%
	VVI	C	0.06%	0.11%	0.06%
	WD	D	0.19%	0.23%	0.19%
	WDFC	B	0.26%	0.51%	0.26%
	WHD	B	0.29%	0.36%	0.29%
	WOR	F	0.08%	0.13%	0.08%
	WRLD	C	0.03%	0.06%	0.03%
	WT	B	0.11%	0.18%	0.11%
	XNCR	B	0.04%	0.1%	0.04%
	XPEL	C	0.07%	0.14%	0.07%
	YELP	C	0.17%	0.35%	0.17%
	YOU	D	0.24%	0.31%	0.24%
	ZWS	B	0.36%	0.32%	0.32%

VTWG Overweight 728 Positions Relative to VIOG

	Symbol	Grade	Weight
	SFM	A	0.96%
	PCVX	D	0.94%
	INSM	C	0.78%
	AIT	A	0.66%
	FN	D	0.65%
	ENSG	D	0.64%
	FLR	B	0.61%
	LNTH	D	0.56%
	HQY	B	0.53%
	HLNE	B	0.51%
	ANF	C	0.49%
	EXLS	B	0.48%
	HALO	F	0.47%
	CVLT	B	0.47%
	RHP	B	0.46%
	CWST	A	0.45%
	MOD	A	0.45%
	NOVT	D	0.45%
	HRI	B	0.44%
	ALTR	B	0.44%
	CBT	C	0.43%
	BECN	B	0.41%
	BPMC	C	0.41%
	KNF	A	0.41%
	VRNS	D	0.41%
	CHX	C	0.4%
	WTS	B	0.39%
	MMS	F	0.39%
	RVMD	C	0.39%
	RMBS	C	0.38%
	GTLS	B	0.38%
	ZETA	D	0.37%
	DY	D	0.37%
	QTWO	A	0.37%
	CRDO	B	0.36%
	CRNX	C	0.36%
	STRL	B	0.35%
	TENB	C	0.35%
	FFIN	B	0.35%
	SIGI	C	0.35%
	EXPO	D	0.35%
	MDGL	B	0.34%
	RNA	D	0.34%
	BCO	D	0.34%
	QLYS	C	0.33%
	UFPI	B	0.31%
	WK	B	0.3%
	KAI	A	0.29%
	CWAN	B	0.29%
	RKLB	B	0.28%
	UPST	B	0.28%
	PRCT	B	0.28%
	ACLX	C	0.27%
	ENS	D	0.26%
	SGBX	F	0.26%
	HAE	C	0.26%
	AXNX	C	0.26%
	HIMS	B	0.26%
	SLAB	D	0.25%
	FOLD	F	0.25%
	MWA	B	0.25%
	ROAD	A	0.25%
	LANC	C	0.25%
	POWI	D	0.25%
	AXSM	B	0.24%
	OSCR	D	0.24%
	CBZ	B	0.24%
	NUVL	D	0.23%
	PRIM	A	0.23%
	BLKB	B	0.23%
	ATKR	C	0.23%
	ICFI	F	0.23%
	UEC	B	0.22%
	MGRC	B	0.21%
	NSP	D	0.21%
	IOVA	F	0.2%
	EVH	F	0.2%
	PTON	B	0.2%
	TNET	D	0.2%
	HGV	B	0.2%
	ACVA	B	0.19%
	GH	B	0.19%
	RYTM	C	0.19%
	AUR	C	0.19%
	SEM	B	0.18%
	COMP	B	0.18%
	FRSH	C	0.18%
	CLSK	C	0.18%
	EWTX	C	0.18%
	HBI	B	0.18%
	VCTR	B	0.18%
	BDC	B	0.18%
	VC	D	0.18%
	RPD	C	0.18%
	SKY	A	0.17%
	VERX	B	0.17%
	IRTC	D	0.17%
	ARWR	F	0.17%
	MQ	F	0.17%
	PTCT	B	0.17%
	TWST	D	0.17%
	DYN	F	0.17%
	IDYA	F	0.17%
	INTA	A	0.15%
	PAR	B	0.15%
	VAL	D	0.15%
	HURN	B	0.15%
	BBIO	F	0.15%
	KYMR	D	0.15%
	COOP	B	0.15%
	SWTX	C	0.15%
	BRZE	C	0.15%
	AI	B	0.15%
	FLYW	C	0.15%
	DNLI	D	0.14%
	OPCH	D	0.14%
	LAUR	A	0.14%
	NATL	B	0.14%
	JOBY	B	0.14%
	LBPH	A	0.14%
	VYX	B	0.13%
	IMVT	F	0.13%
	KROS	D	0.13%
	BE	B	0.13%
	ACAD	D	0.13%
	SRRK	B	0.13%
	OSW	A	0.13%
	KOS	F	0.13%
	GOLF	B	0.13%
	IESC	B	0.13%
	RXST	F	0.13%
	HEES	B	0.12%
	VERA	B	0.12%
	NVCR	C	0.12%
	AGX	B	0.12%
	TARS	B	0.12%
	OCUL	D	0.12%
	ALKT	B	0.12%
	BCRX	D	0.12%
	STNE	F	0.12%
	PD	C	0.12%
	GERN	D	0.12%
	ARVN	D	0.12%
	UPWK	B	0.12%
	WULF	C	0.11%
	MNKD	C	0.11%
	APPN	B	0.11%
	CSTM	F	0.11%
	PFSI	D	0.11%
	SOUN	C	0.11%
	WRBY	B	0.11%
	UCTT	D	0.11%
	AGM	C	0.11%
	KTOS	B	0.11%
	MIRM	B	0.11%
	RXRX	F	0.11%
	JANX	C	0.11%
	SMR	B	0.11%
	NGVT	B	0.11%
	TGLS	B	0.11%
	SMMT	D	0.11%
	SNDX	F	0.11%
	SPT	C	0.1%
	PSMT	C	0.1%
	FLNC	C	0.1%
	AESI	B	0.1%
	BLBD	D	0.1%
	NSSC	D	0.1%
	INFN	C	0.1%
	JAMF	F	0.1%
	ARDX	F	0.1%
	CLDX	F	0.1%
	HROW	D	0.1%
	ZUO	B	0.1%
	ENVX	F	0.1%
	SONO	C	0.1%
	CHEF	A	0.1%
	MGNI	A	0.1%
	RRR	D	0.09%
	USLM	A	0.09%
	LOB	B	0.09%
	CRAI	B	0.09%
	RDFN	D	0.09%
	KURA	F	0.09%
	WWW	B	0.09%
	ALHC	C	0.09%
	PHR	F	0.08%
	ERII	D	0.08%
	CGON	F	0.08%
	ATRC	C	0.08%
	BKD	D	0.08%
	CWH	B	0.08%
	SAVA	D	0.08%
	JBI	F	0.08%
	IMAX	B	0.08%
	LEU	C	0.08%
	NVAX	F	0.08%
	HLIO	B	0.08%
	REVG	B	0.08%
	KFRC	D	0.08%
	NRIX	D	0.08%
	KLG	C	0.08%
	RCKT	F	0.08%
	QNST	B	0.08%
	AMBA	B	0.08%
	KALU	C	0.08%
	VITL	D	0.08%
	AMRX	C	0.08%
	SPNS	F	0.08%
	DRVN	B	0.07%
	PRO	C	0.07%
	EOLS	D	0.07%
	WVE	C	0.07%
	CDRE	D	0.07%
	PNTG	D	0.07%
	SHLS	F	0.07%
	ASGN	F	0.07%
	GPOR	B	0.07%
	ELVN	D	0.07%
	WLY	B	0.07%
	CENX	B	0.07%
	ASO	F	0.07%
	CXM	C	0.07%
	RVLV	B	0.07%
	COUR	F	0.07%
	ASAN	C	0.07%
	DNUT	D	0.07%
	COGT	D	0.07%
	VZIO	A	0.07%
	ARRY	C	0.07%
	VRDN	D	0.07%
	LMND	B	0.07%
	UDMY	F	0.06%
	YEXT	A	0.06%
	UTZ	D	0.06%
	LMB	A	0.06%
	GRC	A	0.06%
	AGL	F	0.06%
	PAGS	F	0.06%
	ATEC	C	0.06%
	CMPR	D	0.06%
	MRVI	F	0.06%
	RSI	B	0.06%
	MEG	F	0.06%
	XMTR	C	0.06%
	DFH	D	0.06%
	BBSI	B	0.06%
	BLND	B	0.06%
	IE	C	0.06%
	AMSC	B	0.06%
	TRNS	D	0.06%
	OEC	C	0.06%
	NNBR	C	0.06%
	ARQT	C	0.06%
	PUBM	C	0.05%
	SGHC	A	0.05%
	RVNC	F	0.05%
	BASE	C	0.05%
	LQDA	D	0.05%
	PAX	B	0.05%
	SLVM	B	0.05%
	GSAT	C	0.05%
	HI	C	0.05%
	ACMR	F	0.05%
	UTI	A	0.05%
	ZIP	F	0.05%
	DBRG	F	0.05%
	CCB	A	0.05%
	NEXT	B	0.05%
	DAWN	F	0.05%
	GDYN	B	0.05%
	IBUY	A	0.05%
	TPB	B	0.05%
	CECO	A	0.05%
	ACHR	B	0.05%
	AUPH	B	0.05%
	CGEM	F	0.05%
	SPRY	D	0.05%
	KBH	D	0.05%
	FSLY	D	0.05%
	CASS	B	0.04%
	DJCO	B	0.04%
	ALX	D	0.04%
	BBW	B	0.04%
	CTLP	B	0.04%
	PRMW	C	0.04%
	HLF	C	0.04%
	CRMD	C	0.04%
	IDT	B	0.04%
	APLT	B	0.04%
	MAX	F	0.04%
	FWRG	C	0.04%
	ABUS	D	0.04%
	EU	D	0.04%
	REAX	D	0.04%
	TREE	F	0.04%
	YMAB	F	0.04%
	INOD	B	0.04%
	CYTK	F	0.04%
	WEAV	B	0.04%
	APLD	A	0.04%
	PTLO	F	0.04%
	VSCO	B	0.04%
	HCKT	B	0.04%
	IBTA	C	0.04%
	IMXI	B	0.04%
	ACEL	C	0.04%
	AIV	C	0.04%
	EVRI	A	0.04%
	OSPN	A	0.04%
	LPRO	C	0.04%
	NRDS	C	0.04%
	CDMO	B	0.04%
	KRUS	B	0.04%
	IMNM	F	0.04%
	AXGN	D	0.04%
	CIFR	B	0.04%
	TYRA	F	0.03%
	PBI	B	0.03%
	LRMR	F	0.03%
	AKRO	B	0.03%
	DSGR	D	0.03%
	RIOT	C	0.03%
	URGN	F	0.03%
	MLNK	B	0.03%
	GIC	D	0.03%
	ARCT	F	0.03%
	NVEC	C	0.03%
	BYND	F	0.03%
	MNTK	F	0.03%
	BIGC	C	0.03%
	ARHS	F	0.03%
	LWLG	F	0.03%
	BJRI	B	0.03%
	PX	A	0.03%
	MDXG	B	0.03%
	MIR	A	0.03%
	CSV	B	0.03%
	SKWD	A	0.03%
	AEHR	F	0.03%
	CELC	F	0.03%
	IRMD	C	0.03%
	PPTA	C	0.03%
	KALV	D	0.03%
	MITK	C	0.03%
	ALEC	F	0.03%
	ESQ	A	0.03%
	EAF	C	0.03%
	CBL	A	0.03%
	FA	C	0.03%
	TTI	C	0.03%
	JELD	F	0.03%
	PRTA	F	0.03%
	GCMG	B	0.03%
	ANAB	F	0.03%
	PLOW	D	0.03%
	LFST	C	0.03%
	BAND	B	0.03%
	ENFN	A	0.03%
	CAPR	C	0.03%
	HY	D	0.03%
	STOK	F	0.03%
	FC	F	0.03%
	DMRC	C	0.03%
	FLNG	B	0.03%
	HUMA	F	0.03%
	AGS	A	0.03%
	XERS	B	0.03%
	EVER	F	0.03%
	SIBN	F	0.03%
	MNMD	C	0.03%
	AHCO	F	0.03%
	THRY	F	0.03%
	CRGY	B	0.03%
	SANA	F	0.03%
	SEMR	B	0.03%
	SYNA	C	0.02%
	NATH	C	0.02%
	INSE	C	0.02%
	WTI	F	0.02%
	NBR	C	0.02%
	SERA	F	0.02%
	LOVE	B	0.02%
	PRME	F	0.02%
	ABSI	F	0.02%
	MCY	A	0.02%
	EWCZ	F	0.02%
	TRAK	B	0.02%
	EB	C	0.02%
	LAZR	F	0.02%
	TMCI	D	0.02%
	ASPN	F	0.02%
	CBRL	C	0.02%
	OCGN	F	0.02%
	DENN	D	0.02%
	LIND	C	0.02%
	SAH	A	0.02%
	LUNG	F	0.02%
	CYRX	F	0.02%
	IGMS	F	0.02%
	TDOC	C	0.02%
	NVEE	F	0.02%
	SNEX	B	0.02%
	NTST	D	0.02%
	TH	C	0.02%
	SIGA	F	0.02%
	CDNA	D	0.02%
	FNA	C	0.02%
	BYRN	B	0.02%
	CRCT	F	0.02%
	OLO	B	0.02%
	ULCC	D	0.02%
	RCEL	C	0.02%
	CHPT	F	0.02%
	BMEA	F	0.02%
	ALT	C	0.02%
	FDMT	F	0.02%
	SFL	D	0.02%
	VSEC	C	0.02%
	EYPT	F	0.02%
	SKYT	D	0.02%
	DOMO	C	0.02%
	BWMN	C	0.02%
	DK	C	0.02%
	CYH	F	0.02%
	METC	C	0.02%
	NRC	F	0.02%
	CENTA	C	0.02%
	EGHT	C	0.02%
	CERS	C	0.02%
	ICHR	C	0.02%
	INST	C	0.02%
	GHM	A	0.02%
	BLZE	F	0.02%
	CSTL	D	0.02%
	TSHA	C	0.02%
	WERN	C	0.02%
	NNOX	C	0.02%
	ATEX	D	0.02%
	LESL	C	0.02%
	XPOF	C	0.02%
	PCT	C	0.02%
	IGT	F	0.02%
	CAL	D	0.02%
	PDCO	D	0.02%
	NIC	B	0.02%
	LYTS	B	0.02%
	PLSE	C	0.02%
	CMPO	A	0.02%
	GRND	A	0.02%
	SRCL	C	0.02%
	AMRC	F	0.02%
	RDVT	A	0.02%
	SRDX	B	0.02%
	SVRA	D	0.02%
	DHIL	A	0.02%
	CCO	C	0.01%
	NWPX	A	0.01%
	DAKT	B	0.01%
	CVGW	D	0.01%
	FOR	F	0.01%
	STKS	F	0.01%
	REKR	F	0.01%
	ODC	C	0.01%
	AKYA	F	0.01%
	BDTX	F	0.01%
	VERU	F	0.01%
	GCO	B	0.01%
	OMER	A	0.01%
	INMB	F	0.01%
	EMBC	C	0.01%
	ACCD	D	0.01%
	AIRS	C	0.01%
	EP	C	0.01%
	GLSI	D	0.01%
	EVI	C	0.01%
	FULC	F	0.01%
	XFOR	F	0.01%
	MLYS	F	0.01%
	BLNK	F	0.01%
	DC	D	0.01%
	LXRX	F	0.01%
	CWCO	C	0.01%
	LFMD	D	0.01%
	NPCE	C	0.01%
	UVE	B	0.01%
	CTGO	D	0.01%
	MODV	C	0.01%
	THR	B	0.01%
	OPRX	F	0.01%
	GNE	D	0.01%
	PEPG	F	0.01%
	STGW	B	0.01%
	SSTI	C	0.01%
	EGAN	C	0.01%
	EVEX	D	0.01%
	GOOD	B	0.01%
	IRON	B	0.01%
	PRTH	C	0.01%
	ACHV	F	0.01%
	TILE	B	0.01%
	STXS	C	0.01%
	SCWO	F	0.01%
	NTIC	C	0.01%
	IAS	C	0.01%
	MRAM	D	0.01%
	ULH	B	0.01%
	PFIS	A	0.01%
	QUIK	F	0.01%
	CADL	F	0.01%
	ESPR	C	0.01%
	TRVI	D	0.01%
	MRSN	D	0.01%
	PKE	B	0.01%
	LAW	D	0.01%
	AQST	D	0.01%
	TAYD	D	0.01%
	INBK	B	0.01%
	MVIS	F	0.01%
	PAHC	C	0.01%
	KFS	B	0.01%
	BRY	F	0.01%
	GRPN	F	0.01%
	FHTX	D	0.01%
	JILL	C	0.01%
	SCPH	F	0.01%
	PSTL	D	0.01%
	QUAD	C	0.01%
	PAYS	F	0.01%
	PLUG	F	0.01%
	OLMA	F	0.01%
	TIPT	B	0.01%
	FFWM	C	0.01%
	LWAY	D	0.01%
	LCTX	F	0.01%
	SKIN	D	0.01%
	JYNT	C	0.01%
	RILY	F	0.01%
	INFU	B	0.01%
	BBAI	C	0.01%
	HNST	B	0.01%
	DESP	B	0.01%
	SKYH	C	0.01%
	KLTR	B	0.01%
	PHAT	F	0.01%
	ACIC	B	0.01%
	SMTI	B	0.01%
	TSQ	D	0.01%
	BTMD	C	0.01%
	CDZI	B	0.01%
	ORIC	F	0.01%
	ZYXI	D	0.01%
	AVXL	B	0.01%
	QRHC	D	0.01%
	CTOS	C	0.01%
	ADCT	F	0.01%
	SMLR	B	0.01%
	MDWD	D	0.01%
	GWRS	B	0.01%
	OMI	F	0.01%
	MGTX	C	0.01%
	TCX	F	0.01%
	BRCC	F	0.01%
	XOMA	C	0.01%
	AEYE	C	0.01%
	SMID	B	0.01%
	WKC	D	0.01%
	ARAY	D	0.01%
	MLP	B	0.01%
	SCL	C	0.01%
	HEAR	C	0.01%
	EVCM	B	0.01%
	GAMB	A	0.01%
	PRCH	C	0.01%
	AVAH	B	0.01%
	INDI	C	0.01%
	LIVN	F	0.01%
	CDXC	B	0.01%
	INMD	C	0.01%
	ALTG	C	0.01%
	CDLX	D	0.01%
	CVRX	C	0.01%
	SGHT	F	0.01%
	UMH	C	0.01%
	KNTK	B	0.01%
	DSP	B	0.01%
	RGR	F	0.01%
	OFLX	D	0.01%
	KREF	D	0.01%
	KRT	A	0.01%
	BVS	D	0.01%
	PFMT	D	0.01%
	RICK	C	0.01%
	LNZA	F	0.01%
	MGNX	F	0.01%
	PESI	B	0.01%
	ZURA	F	0.01%
	MLAB	D	0.01%
	GCBC	C	0.01%
	REAL	A	0.01%
	PBPB	C	0.01%
	QRTEB	F	0.0%
	SES	F	0.0%
	LYRA	F	0.0%
	TDUP	C	0.0%
	MASS	F	0.0%
	PGEN	F	0.0%
	BSVN	B	0.0%
	RSVR	A	0.0%
	QIPT	F	0.0%
	SPCE	D	0.0%
	ATLC	B	0.0%
	ULBI	F	0.0%
	GRWG	F	0.0%
	HLVX	D	0.0%
	VIRC	B	0.0%
	RMNI	C	0.0%
	LUNR	B	0.0%
	VGAS	C	0.0%
	RENB	F	0.0%
	FBIZ	B	0.0%
	CZFS	B	0.0%
	ELEV	D	0.0%
	PLPC	B	0.0%
	ORGO	B	0.0%
	HRTX	F	0.0%
	HOWL	F	0.0%
	APEI	B	0.0%
	BOC	C	0.0%
	TERN	F	0.0%
	CHRS	D	0.0%
	EVC	C	0.0%
	LSEA	D	0.0%
	FENC	D	0.0%
	SST	F	0.0%
	CTV	A	0.0%
	RGLS	F	0.0%
	MEC	D	0.0%
	DIBS	F	0.0%
	AMPX	C	0.0%
	DLHC	F	0.0%
	CIX	D	0.0%
	ALRS	D	0.0%
	HBIO	F	0.0%
	CDXS	B	0.0%
	ANET	C	0.0%
	SHYF	C	0.0%
	VRCA	F	0.0%
	CLBK	B	0.0%
	ALDX	D	0.0%
	RM	D	0.0%
	ORN	C	0.0%
	TNYA	C	0.0%
	SGC	C	0.0%
	ATOS	F	0.0%
	GALT	C	0.0%
	AVTE	D	0.0%
	IIIV	C	0.0%
	LASR	D	0.0%
	AKBA	C	0.0%
	STTK	F	0.0%
	NATR	C	0.0%
	MITT	D	0.0%
	CABA	F	0.0%
	INNV	F	0.0%
	VALU	C	0.0%
	AOMR	D	0.0%
	MPX	B	0.0%
	CENT	C	0.0%
	CHCT	C	0.0%
	CMRE	C	0.0%
	HCAT	D	0.0%
	FUBO	F	0.0%
	OOMA	B	0.0%
	FG	B	0.0%
	PBYI	C	0.0%
	METCB	D	0.0%
	ANIK	F	0.0%
	USCB	B	0.0%
	MYFW	B	0.0%
	MCBS	B	0.0%
	MLR	B	0.0%
	CURV	D	0.0%
	EPM	A	0.0%
	OABI	F	0.0%
	FIGS	F	0.0%
	NGS	B	0.0%
	REPX	A	0.0%
	PSTX	D	0.0%
	RDW	B	0.0%
	CRDF	F	0.0%
	ALXO	F	0.0%
	HDSN	F	0.0%
	SWBI	C	0.0%
	OUST	C	0.0%
	GMGI	D	0.0%
	QBTS	B	0.0%
	OBIO	C	0.0%
	BOOM	F	0.0%
	FLWS	F	0.0%
	EYE	C	0.0%
	RCKY	F	0.0%
	DXPE	B	0.0%
	ITIC	B	0.0%
	PTVE	B	0.0%
	ARKO	C	0.0%
	EGY	D	0.0%
	ATNM	F	0.0%
	OPEN	D	0.0%
	HOV	D	0.0%
	PCRX	C	0.0%
	SHBI	A	0.0%
	DIN	C	0.0%
	HQI	B	0.0%
	CRSR	C	0.0%
	AVO	C	0.0%
	BMBL	C	0.0%
	VTSI	C	0.0%
	MAPS	C	0.0%
	DCGO	C	0.0%
	NGVC	A	0.0%
	CLPR	D	0.0%
	YORW	D	0.0%
	TTSH	D	0.0%
	QTRX	F	0.0%
	OVID	F	0.0%
	PLL	C	0.0%
	NRDY	C	0.0%

VTWG Underweight 108 Positions Relative to VIOG

	Symbol	Grade	Weight
	ATI	D	-1.23%
	MTH	D	-1.1%
	AWI	A	-0.85%
	GPI	A	-0.74%
	MATX	C	-0.7%
	MHO	D	-0.69%
	INSP	D	-0.69%
	SIG	B	-0.68%
	CRC	B	-0.54%
	MSGS	A	-0.51%
	APLE	B	-0.49%
	HCC	B	-0.49%
	EPRT	B	-0.46%
	RDN	C	-0.42%
	CEIX	A	-0.41%
	ETSY	D	-0.41%
	ACA	A	-0.4%
	AGO	B	-0.35%
	DV	C	-0.35%
	KFY	B	-0.34%
	ABG	B	-0.34%
	BRC	D	-0.32%
	OFG	B	-0.31%
	IIPR	D	-0.31%
	SHO	C	-0.31%
	SEE	C	-0.31%
	BGC	C	-0.3%
	DRH	B	-0.27%
	SKYW	B	-0.27%
	PBH	A	-0.25%
	ARCH	B	-0.25%
	PRFT	D	-0.24%
	HP	B	-0.24%
	UE	C	-0.23%
	TRIP	F	-0.23%
	RUSHA	C	-0.22%
	BTU	B	-0.22%
	PTEN	C	-0.22%
	IAC	D	-0.22%
	CATY	B	-0.21%
	GTES	A	-0.2%
	WSFS	A	-0.2%
	CUBI	C	-0.2%
	ROG	D	-0.19%
	FCPT	C	-0.18%
	MYGN	F	-0.18%
	UNF	B	-0.18%
	MTX	B	-0.18%
	CPK	A	-0.18%
	EFC	C	-0.17%
	TDS	B	-0.17%
	AL	B	-0.15%
	PARR	D	-0.15%
	PFBC	B	-0.15%
	BOH	B	-0.15%
	PRK	B	-0.15%
	CARS	B	-0.15%
	RWT	D	-0.15%
	STRA	C	-0.14%
	WGO	C	-0.14%
	LZB	B	-0.14%
	STBA	B	-0.13%
	MP	B	-0.13%
	XHR	B	-0.13%
	VSTS	C	-0.13%
	NX	C	-0.13%
	VGR	D	-0.13%
	WABC	B	-0.12%
	FCF	A	-0.12%
	WS	B	-0.12%
	UNIT	B	-0.11%
	ARI	C	-0.11%
	NHC	C	-0.11%
	CERT	F	-0.11%
	SJW	D	-0.11%
	PRDO	B	-0.11%
	SHEN	F	-0.1%
	KN	B	-0.1%
	FOXF	F	-0.1%
	GTY	B	-0.1%
	LTC	B	-0.1%
	VRE	B	-0.09%
	SEDG	F	-0.08%
	CRK	B	-0.08%
	RES	D	-0.08%
	AMBC	C	-0.08%
	BHLB	B	-0.08%
	GES	F	-0.08%
	WOLF	F	-0.08%
	MATW	C	-0.07%
	PRLB	A	-0.07%
	COHU	C	-0.07%
	INN	D	-0.06%
	MMI	B	-0.06%
	KOP	C	-0.06%
	GDEN	B	-0.06%
	HAYN	C	-0.06%
	UTL	B	-0.06%
	TR	B	-0.05%
	SWI	B	-0.05%
	MTUS	C	-0.05%
	VTLE	C	-0.05%
	CHUY	D	-0.05%
	SBSI	B	-0.05%
	WSR	A	-0.04%
	ETD	C	-0.04%
	RGNX	F	-0.03%
	NPK	B	-0.02%

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 Specialty Chemicals Aerospace & Defense Asset Management Diagnostics & Research Electronic Components Engineering & Construction Oil & Gas E&P Packaged Foods Building Materials Information Technology Services

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

VIOG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Diversified Industrials Software - Application Software - Infrastructure Asset Management Oil & Gas Equipment & Services Restaurants Specialty Chemicals Building Materials Electronic Components Medical Devices Oil & Gas E&P Semiconductors REIT - Diversified REIT - Hotel & Motel Residential Construction Apparel Stores Coal Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Medicine Real Estate Investment Trust Aerospace Computing Semiconductor Chemical Construction Deposit Products Mining Building Materials Clothing Electronics Oil And Gas Commercial Bank Telecommunications Biopharmaceutical Integrated Circuits Petroleum Industry