VTWG vs. VIOV ETF Comparison

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

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

$206.39

Average Daily Volume

42,980

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

VIOV

Vanguard S&P Small-Cap 600 Value ETF

VIOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Value Index, which represents the value companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization value 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

$91.17

Average Daily Volume

57,352

Number of Holdings ^*

454

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	VIOV
30 Days	4.54%	1.90%
60 Days	10.48%	7.70%
90 Days	8.59%	11.28%
12 Months	30.95%	24.61%

183 Overlapping Holdings

	Symbol	Grade	Weight in VTWG	Weight in VIOV	Overlap
	ACIW	A	0.39%	0.3%	0.3%
	ADUS	D	0.06%	0.21%	0.06%
	AEIS	B	0.29%	0.23%	0.23%
	AHCO	D	0.04%	0.13%	0.04%
	AHH	F	0.0%	0.07%	0.0%
	AIN	F	0.05%	0.23%	0.05%
	AIR	C	0.03%	0.09%	0.03%
	ALKS	B	0.36%	0.26%	0.26%
	AMN	F	0.15%	0.14%	0.14%
	AMSF	B	0.03%	0.08%	0.03%
	AMWD	C	0.01%	0.09%	0.01%
	ANDE	D	0.01%	0.12%	0.01%
	AORT	B	0.06%	0.08%	0.06%
	APAM	B	0.19%	0.19%	0.19%
	APOG	B	0.03%	0.12%	0.03%
	ASO	D	0.08%	0.62%	0.08%
	ATEN	B	0.07%	0.08%	0.07%
	AWR	B	0.13%	0.22%	0.13%
	AX	D	0.03%	0.2%	0.03%
	BANF	D	0.02%	0.09%	0.02%
	BCPC	C	0.43%	0.38%	0.38%
	BFS	C	0.03%	0.04%	0.03%
	BJRI	B	0.02%	0.11%	0.02%
	BKE	B	0.1%	0.07%	0.07%
	BL	D	0.21%	0.13%	0.13%
	BLFS	D	0.06%	0.06%	0.06%
	BLMN	F	0.05%	0.12%	0.05%
	BOX	C	0.34%	0.28%	0.28%
	BSIG	D	0.05%	0.04%	0.04%
	CAKE	A	0.14%	0.15%	0.14%
	CAL	F	0.03%	0.21%	0.03%
	CALX	C	0.12%	0.17%	0.12%
	CBRL	D	0.01%	0.13%	0.01%
	CCS	C	0.03%	0.21%	0.03%
	CENT	F	0.0%	0.06%	0.0%
	CENTA	F	0.02%	0.28%	0.02%
	CENX	C	0.06%	0.11%	0.06%
	CEVA	B	0.04%	0.05%	0.04%
	CHCO	D	0.01%	0.11%	0.01%
	CHCT	F	0.0%	0.04%	0.0%
	CHEF	C	0.11%	0.23%	0.11%
	CLB	D	0.07%	0.08%	0.07%
	CNS	C	0.18%	0.18%	0.18%
	COOP	B	0.16%	0.92%	0.16%
	CORT	B	0.21%	0.17%	0.17%
	CRSR	D	0.0%	0.05%	0.0%
	CSGS	B	0.11%	0.11%	0.11%
	CTRE	C	0.02%	0.24%	0.02%
	CTS	B	0.09%	0.1%	0.09%
	CVGW	B	0.0%	0.06%	0.0%
	CVI	D	0.06%	0.05%	0.05%
	CWT	D	0.06%	0.29%	0.06%
	CXM	F	0.07%	0.16%	0.07%
	DIN	D	0.0%	0.04%	0.0%
	DIOD	F	0.03%	0.19%	0.03%
	DOCN	B	0.18%	0.14%	0.14%
	DORM	C	0.22%	0.15%	0.15%
	DXPE	C	0.0%	0.11%	0.0%
	DY	C	0.37%	0.78%	0.37%
	EAT	A	0.21%	0.28%	0.21%
	EMBC	F	0.01%	0.14%	0.01%
	ENR	B	0.17%	0.18%	0.17%
	ENV	C	0.24%	0.28%	0.24%
	EPAC	A	0.17%	0.11%	0.11%
	EXTR	D	0.08%	0.12%	0.08%
	EYE	F	0.0%	0.13%	0.0%
	FIZZ	F	0.08%	0.07%	0.07%
	FUL	F	0.1%	0.36%	0.1%
	GFF	C	0.19%	0.12%	0.12%
	GOGO	F	0.02%	0.04%	0.02%
	GVA	A	0.2%	0.25%	0.2%
	HBI	B	0.17%	0.34%	0.17%
	HI	F	0.06%	0.35%	0.06%
	HLIT	D	0.12%	0.12%	0.12%
	HNI	B	0.09%	0.15%	0.09%
	HRMY	D	0.08%	0.1%	0.08%
	HSTM	B	0.02%	0.05%	0.02%
	HTLD	F	0.02%	0.04%	0.02%
	ICHR	D	0.02%	0.16%	0.02%
	IIIN	F	0.02%	0.04%	0.02%
	INVA	B	0.01%	0.08%	0.01%
	IOSP	F	0.18%	0.16%	0.16%
	IRWD	F	0.02%	0.05%	0.02%
	ITRI	C	0.32%	0.36%	0.32%
	JBSS	F	0.06%	0.06%	0.06%
	JBT	B	0.01%	0.17%	0.01%
	KALU	D	0.08%	0.18%	0.08%
	KLG	F	0.08%	0.17%	0.08%
	KLIC	D	0.18%	0.14%	0.14%
	KREF	C	0.01%	0.11%	0.01%
	KRYS	D	0.36%	0.25%	0.25%
	KWR	F	0.18%	0.17%	0.17%
	LCII	C	0.22%	0.17%	0.17%
	LESL	F	0.02%	0.08%	0.02%
	LGIH	C	0.01%	0.13%	0.01%
	LKFN	D	0.01%	0.14%	0.01%
	LNN	C	0.05%	0.11%	0.05%
	MC	B	0.35%	0.33%	0.33%
	MCW	F	0.04%	0.05%	0.04%
	MCY	B	0.02%	0.27%	0.02%
	MGEE	C	0.1%	0.21%	0.1%
	MGPI	F	0.09%	0.09%	0.09%
	MLAB	B	0.02%	0.1%	0.02%
	MMSI	C	0.41%	0.35%	0.35%
	MRTN	F	0.02%	0.08%	0.02%
	MSEX	C	0.01%	0.09%	0.01%
	MXL	D	0.08%	0.07%	0.07%
	MYE	F	0.04%	0.04%	0.04%
	NABL	F	0.07%	0.05%	0.05%
	NARI	F	0.17%	0.15%	0.15%
	NATL	D	0.15%	0.3%	0.15%
	NBR	D	0.02%	0.1%	0.02%
	NGVT	D	0.11%	0.2%	0.11%
	NMIH	B	0.02%	0.18%	0.02%
	NPO	C	0.03%	0.28%	0.03%
	NSIT	B	0.45%	0.32%	0.32%
	NVEE	F	0.02%	0.19%	0.02%
	OMI	F	0.01%	0.17%	0.01%
	OUT	C	0.07%	0.22%	0.07%
	PAHC	C	0.01%	0.06%	0.01%
	PAYO	A	0.12%	0.17%	0.12%
	PBI	C	0.03%	0.17%	0.03%
	PCRX	D	0.0%	0.11%	0.0%
	PDCO	F	0.02%	0.27%	0.02%
	PECO	C	0.05%	0.34%	0.05%
	PIPR	A	0.35%	0.33%	0.33%
	PJT	A	0.22%	0.18%	0.18%
	PLAB	D	0.04%	0.07%	0.04%
	PLUS	B	0.13%	0.15%	0.13%
	PLXS	A	0.08%	0.3%	0.08%
	PRFT	A	0.19%	0.16%	0.16%
	PSMT	A	0.11%	0.34%	0.11%
	PTGX	C	0.19%	0.11%	0.11%
	PZZA	D	0.08%	0.13%	0.08%
	QNST	C	0.07%	0.15%	0.07%
	RCUS	D	0.07%	0.08%	0.07%
	RGR	F	0.01%	0.11%	0.01%
	RILY	F	0.01%	0.01%	0.01%
	RXO	D	0.25%	0.27%	0.25%
	SABR	C	0.02%	0.08%	0.02%
	SAH	D	0.02%	0.14%	0.02%
	SCL	D	0.01%	0.25%	0.01%
	SDGR	F	0.09%	0.08%	0.08%
	SEM	D	0.2%	0.58%	0.2%
	SFBS	B	0.09%	0.33%	0.09%
	SITM	A	0.2%	0.16%	0.16%
	SLP	F	0.04%	0.04%	0.04%
	SLVM	C	0.04%	0.42%	0.04%
	SMPL	D	0.21%	0.16%	0.16%
	SMTC	C	0.21%	0.24%	0.21%
	SNCY	F	0.02%	0.03%	0.02%
	SNEX	B	0.02%	0.34%	0.02%
	SONO	F	0.1%	0.23%	0.1%
	SSTK	F	0.05%	0.06%	0.05%
	STAA	D	0.12%	0.1%	0.1%
	STEP	A	0.22%	0.3%	0.22%
	SUPN	D	0.01%	0.18%	0.01%
	SXT	C	0.23%	0.29%	0.23%
	THRM	F	0.12%	0.13%	0.12%
	THRY	F	0.04%	0.09%	0.04%
	TILE	C	0.01%	0.17%	0.01%
	TNDM	D	0.21%	0.23%	0.21%
	TPH	C	0.09%	0.25%	0.09%
	TRN	C	0.18%	0.2%	0.18%
	TRUP	B	0.11%	0.13%	0.11%
	TTGT	F	0.05%	0.04%	0.04%
	UCTT	D	0.12%	0.26%	0.12%
	UHT	D	0.04%	0.05%	0.04%
	UPBD	F	0.13%	0.1%	0.1%
	USPH	F	0.1%	0.09%	0.09%
	VGR	B	0.02%	0.17%	0.02%
	VICR	C	0.04%	0.06%	0.04%
	VRTS	D	0.09%	0.08%	0.08%
	VSCO	C	0.03%	0.28%	0.03%
	VYX	C	0.13%	0.28%	0.13%
	WD	C	0.19%	0.31%	0.19%
	WERN	D	0.02%	0.36%	0.02%
	WHD	A	0.29%	0.23%	0.23%
	WKC	A	0.01%	0.26%	0.01%
	WLY	A	0.07%	0.31%	0.07%
	WOR	F	0.1%	0.07%	0.07%
	WWW	B	0.08%	0.17%	0.08%
	XNCR	D	0.04%	0.08%	0.04%

VTWG Overweight 793 Positions Relative to VIOV

	Symbol	Grade	Weight
	INSM	D	0.88%
	SFM	A	0.78%
	FN	B	0.66%
	PCVX	C	0.65%
	ENSG	D	0.62%
	AIT	B	0.59%
	HALO	D	0.59%
	FLR	B	0.58%
	MLI	B	0.56%
	ANF	D	0.55%
	SPSC	D	0.55%
	LNTH	C	0.54%
	CRS	B	0.51%
	HQY	B	0.5%
	GKOS	B	0.49%
	NOVT	C	0.49%
	MOD	B	0.47%
	CVLT	B	0.47%
	CWST	D	0.46%
	VRNS	B	0.46%
	BPMC	F	0.45%
	BMI	A	0.45%
	RHP	B	0.45%
	HLNE	A	0.44%
	CHX	C	0.44%
	EXLS	B	0.43%
	MOG.A	C	0.42%
	MMS	C	0.42%
	FSS	D	0.42%
	CBT	B	0.42%
	EXPO	A	0.41%
	IBP	C	0.4%
	AVAV	B	0.4%
	BECN	D	0.4%
	WTS	C	0.4%
	TMDX	D	0.4%
	CSWI	A	0.39%
	GTLS	D	0.38%
	ALTR	B	0.38%
	BCO	C	0.37%
	TENB	D	0.36%
	RMBS	F	0.36%
	QLYS	F	0.35%
	FELE	C	0.35%
	SIGI	D	0.35%
	FFIN	D	0.35%
	RNA	B	0.35%
	VRRM	D	0.34%
	RDNT	C	0.33%
	CRDO	B	0.33%
	ZWS	A	0.33%
	KNF	B	0.33%
	TDW	F	0.32%
	MDGL	F	0.32%
	ZETA	B	0.32%
	QTWO	B	0.32%
	HRI	B	0.31%
	CRNX	C	0.31%
	UFPI	C	0.31%
	KTB	C	0.31%
	RVMD	B	0.31%
	MGY	B	0.3%
	ADMA	A	0.29%
	WK	D	0.29%
	BOOT	B	0.29%
	ENS	B	0.28%
	DYN	D	0.28%
	MARA	F	0.28%
	SLAB	D	0.28%
	KAI	C	0.28%
	FTDR	B	0.28%
	SHAK	A	0.28%
	FORM	D	0.28%
	HAE	F	0.28%
	POWI	F	0.28%
	PI	A	0.28%
	WDFC	B	0.27%
	STRL	B	0.27%
	EVH	D	0.27%
	CVCO	C	0.26%
	BLKB	C	0.26%
	CWAN	B	0.26%
	IDCC	A	0.26%
	LRN	D	0.26%
	AXNX	A	0.26%
	CBZ	F	0.26%
	ACLS	F	0.26%
	OSCR	C	0.26%
	MWA	A	0.25%
	LANC	F	0.25%
	PRCT	D	0.25%
	TNET	D	0.25%
	NSP	F	0.25%
	FOLD	F	0.25%
	ATKR	F	0.25%
	IDYA	F	0.24%
	AXSM	D	0.24%
	SHOO	A	0.24%
	UPST	C	0.24%
	TGTX	D	0.24%
	ITGR	B	0.23%
	CCOI	B	0.23%
	ICFI	C	0.23%
	AROC	B	0.23%
	SGBX	F	0.23%
	GMS	B	0.23%
	IOVA	D	0.22%
	ACLX	C	0.22%
	AEO	C	0.22%
	GH	F	0.22%
	VC	F	0.21%
	SQSP	A	0.21%
	ACVA	C	0.21%
	PRIM	A	0.21%
	PATK	A	0.21%
	HIMS	C	0.21%
	ROAD	C	0.21%
	HGV	F	0.21%
	CRVL	C	0.21%
	ARWR	F	0.21%
	SWTX	F	0.21%
	ALRM	F	0.21%
	AMR	F	0.2%
	MGRC	D	0.2%
	YOU	C	0.2%
	NUVL	B	0.2%
	OII	D	0.2%
	PRGS	A	0.19%
	AGYS	D	0.19%
	VCEL	F	0.19%
	ARCB	F	0.19%
	CARG	C	0.19%
	BCC	C	0.19%
	RYTM	C	0.19%
	JJSF	C	0.19%
	OPCH	F	0.19%
	CPRX	C	0.18%
	CLSK	F	0.18%
	SKY	C	0.18%
	FRSH	F	0.18%
	CNK	D	0.18%
	PLMR	A	0.18%
	BBIO	F	0.18%
	VAL	F	0.18%
	HWKN	B	0.18%
	UFPT	D	0.18%
	TBBK	A	0.18%
	TWST	D	0.18%
	VCTR	A	0.17%
	MTRN	F	0.17%
	CNMD	F	0.17%
	KOS	F	0.17%
	YELP	D	0.17%
	OSIS	C	0.17%
	BDC	A	0.17%
	AUR	C	0.17%
	RPD	D	0.17%
	BRZE	F	0.17%
	IPAR	D	0.17%
	VERX	B	0.16%
	JOE	D	0.16%
	MQ	F	0.16%
	KYMR	D	0.16%
	BE	F	0.16%
	CSTM	F	0.16%
	CLDX	F	0.16%
	RKLB	B	0.16%
	FLYW	F	0.16%
	EVTC	D	0.16%
	IRTC	F	0.16%
	HURN	D	0.15%
	STNE	F	0.15%
	GSHD	B	0.15%
	PGNY	F	0.15%
	ACAD	F	0.15%
	JOBY	C	0.15%
	AZZ	B	0.15%
	PTCT	C	0.15%
	PRVA	F	0.15%
	UEC	C	0.15%
	ASTH	B	0.15%
	NVCR	F	0.15%
	LMAT	A	0.14%
	COMP	C	0.14%
	AMPH	C	0.14%
	ALG	F	0.14%
	GERN	D	0.14%
	RXST	F	0.14%
	AI	D	0.14%
	GOLF	F	0.14%
	SNDX	F	0.13%
	RAMP	F	0.13%
	MIRM	D	0.13%
	TFIN	F	0.13%
	PAR	D	0.13%
	DNLI	C	0.13%
	PD	F	0.13%
	IMVT	D	0.13%
	BCRX	D	0.13%
	INTA	C	0.13%
	IESC	A	0.12%
	JBI	F	0.12%
	OTTR	F	0.12%
	POWL	B	0.12%
	SXI	B	0.12%
	PFSI	C	0.12%
	OSW	B	0.12%
	AGM	D	0.12%
	NSSC	F	0.12%
	BLBD	D	0.12%
	VECO	F	0.12%
	LAUR	C	0.12%
	MYRG	D	0.12%
	ARVN	F	0.12%
	WT	D	0.11%
	ENVX	D	0.11%
	HEES	D	0.11%
	AESI	B	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%
	ESE	C	0.11%
	KURA	F	0.11%
	SPT	F	0.11%
	MGNI	D	0.11%
	LOB	B	0.1%
	WRBY	B	0.1%
	RRR	D	0.1%
	APPN	C	0.1%
	PHR	F	0.1%
	JANX	C	0.1%
	KROS	C	0.1%
	NVAX	C	0.1%
	EWTX	B	0.1%
	JAMF	F	0.1%
	OCUL	B	0.1%
	SOUN	F	0.1%
	TGLS	B	0.1%
	ARQT	D	0.09%
	AMRX	B	0.09%
	BKD	F	0.09%
	SAVA	D	0.09%
	LBPH	D	0.09%
	DVAX	F	0.09%
	AMBA	C	0.09%
	UPWK	D	0.09%
	PWSC	C	0.09%
	CMPR	F	0.09%
	KFRC	F	0.09%
	HROW	B	0.09%
	RCKT	F	0.09%
	COLL	A	0.09%
	INFN	C	0.09%
	AGL	F	0.09%
	SKT	A	0.09%
	MNKD	B	0.09%
	REVG	D	0.09%
	ROCK	D	0.08%
	ARRY	F	0.08%
	VITL	C	0.08%
	PLAY	D	0.08%
	MEG	F	0.08%
	NRIX	D	0.08%
	SILK	A	0.08%
	TRNS	D	0.08%
	OEC	F	0.08%
	SMMT	D	0.08%
	PAGS	F	0.08%
	XPEL	D	0.08%
	RDFN	C	0.08%
	COUR	F	0.08%
	ASAN	F	0.08%
	ARLO	F	0.08%
	FLNC	C	0.08%
	SPNS	B	0.08%
	DFIN	B	0.08%
	CRAI	B	0.08%
	ZUO	F	0.08%
	EOLS	C	0.07%
	RVLV	C	0.07%
	SM	D	0.07%
	OXM	F	0.07%
	ALHC	C	0.07%
	IMAX	D	0.07%
	COGT	B	0.07%
	PRO	F	0.07%
	ERII	C	0.07%
	SHLS	F	0.07%
	CWH	C	0.07%
	DFH	C	0.07%
	WULF	C	0.07%
	CDRE	A	0.07%
	EXPI	C	0.07%
	DNUT	F	0.07%
	ASGN	D	0.07%
	JACK	F	0.07%
	GPOR	B	0.07%
	PDFS	F	0.07%
	AGX	A	0.07%
	PNTG	C	0.07%
	TARS	C	0.07%
	MCRI	B	0.07%
	VZIO	A	0.07%
	MRVI	F	0.07%
	HLIO	B	0.07%
	ANAB	D	0.06%
	UTZ	D	0.06%
	ACHR	F	0.06%
	BASE	F	0.06%
	GSAT	F	0.06%
	HCI	B	0.06%
	KBH	D	0.06%
	IMNM	F	0.06%
	LMND	F	0.06%
	SANA	F	0.06%
	ATRC	C	0.06%
	UDMY	F	0.06%
	GRC	B	0.06%
	TNC	F	0.06%
	XMTR	F	0.06%
	ANIP	F	0.06%
	CECO	D	0.06%
	BLND	C	0.06%
	BBSI	B	0.06%
	DRVN	C	0.06%
	USLM	C	0.06%
	HCKT	D	0.05%
	ACEL	C	0.05%
	FSLY	D	0.05%
	CDMO	D	0.05%
	EVER	D	0.05%
	ACMR	D	0.05%
	PAX	F	0.05%
	AIV	D	0.05%
	SMR	C	0.05%
	SPRY	C	0.05%
	DAWN	D	0.05%
	PUBM	F	0.05%
	URBN	F	0.05%
	LMB	B	0.05%
	IBUY	A	0.05%
	CGEM	F	0.05%
	VRDN	B	0.05%
	LPG	F	0.05%
	GRBK	C	0.05%
	RVNC	F	0.05%
	ZIP	D	0.05%
	UTI	F	0.05%
	AMSC	C	0.05%
	VVI	B	0.05%
	ATEC	F	0.05%
	RSI	B	0.05%
	AUPH	C	0.05%
	ELVN	A	0.05%
	EU	C	0.04%
	FDMT	F	0.04%
	FLNG	B	0.04%
	ALX	D	0.04%
	SEMR	C	0.04%
	CASH	C	0.04%
	DJCO	C	0.04%
	NRDS	D	0.04%
	CASS	F	0.04%
	FWRG	F	0.04%
	ABUS	D	0.04%
	KALV	F	0.04%
	SGHC	A	0.04%
	STOK	D	0.04%
	CGON	C	0.04%
	PLOW	D	0.04%
	DBRG	D	0.04%
	YMAB	C	0.04%
	PTLO	C	0.04%
	HUMA	F	0.04%
	YEXT	B	0.04%
	TREE	C	0.04%
	NEXT	F	0.04%
	ARHS	F	0.04%
	ATGE	D	0.04%
	HLF	F	0.04%
	LQDA	F	0.04%
	SIBN	F	0.04%
	PRTA	F	0.04%
	OSPN	D	0.04%
	AXGN	C	0.04%
	EVRI	A	0.04%
	CCB	B	0.04%
	SRRK	F	0.04%
	NNBR	C	0.04%
	IMXI	F	0.04%
	FA	A	0.04%
	TPB	C	0.04%
	LPRO	D	0.04%
	IE	D	0.04%
	REAX	D	0.04%
	CYTK	D	0.04%
	GDYN	B	0.04%
	CDNA	B	0.03%
	METC	D	0.03%
	IGT	F	0.03%
	PLSE	D	0.03%
	CSV	D	0.03%
	PPTA	C	0.03%
	LFST	C	0.03%
	NRC	F	0.03%
	CELC	F	0.03%
	DSGR	A	0.03%
	GTHX	B	0.03%
	SRDX	D	0.03%
	LWLG	F	0.03%
	DK	F	0.03%
	TSHA	F	0.03%
	SKWD	A	0.03%
	PX	A	0.03%
	BYND	D	0.03%
	DHIL	C	0.03%
	ASPN	C	0.03%
	APLT	C	0.03%
	URGN	F	0.03%
	CYH	C	0.03%
	MLNK	F	0.03%
	ESQ	C	0.03%
	IRMD	B	0.03%
	BAND	C	0.03%
	WVE	C	0.03%
	CTLP	B	0.03%
	MDXG	F	0.03%
	WRLD	F	0.03%
	FNA	F	0.03%
	KRUS	D	0.03%
	GCMG	A	0.03%
	XERS	B	0.03%
	ATEX	D	0.03%
	LEU	A	0.03%
	TTI	D	0.03%
	ENFN	C	0.03%
	NVEC	D	0.03%
	CHPT	F	0.03%
	CIFR	C	0.03%
	CERS	F	0.03%
	DMRC	D	0.03%
	CBL	D	0.03%
	BIGC	F	0.03%
	IDT	C	0.03%
	AEHR	F	0.03%
	JELD	D	0.03%
	CRGY	B	0.03%
	PRMW	B	0.03%
	ALEC	F	0.03%
	ARCT	D	0.03%
	BBW	A	0.03%
	MITK	F	0.03%
	AMK	B	0.03%
	IBTA	C	0.03%
	MNMD	F	0.03%
	HY	D	0.03%
	MAX	C	0.03%
	WEAV	B	0.03%
	AGS	A	0.03%
	GIC	D	0.03%
	FC	C	0.03%
	TYRA	C	0.03%
	LQDT	C	0.03%
	INOD	D	0.03%
	BMEA	D	0.02%
	SERA	F	0.02%
	VSEC	D	0.02%
	EYPT	F	0.02%
	AVAH	D	0.02%
	RICK	F	0.02%
	BRCC	F	0.02%
	INDI	F	0.02%
	EWCZ	F	0.02%
	CRCT	C	0.02%
	PBPB	D	0.02%
	EGHT	D	0.02%
	FULC	F	0.02%
	WTI	C	0.02%
	TRAK	D	0.02%
	EB	F	0.02%
	SYNA	F	0.02%
	NOG	D	0.02%
	SGHT	D	0.02%
	GCBC	F	0.02%
	RCEL	D	0.02%
	DENN	D	0.02%
	PRME	F	0.02%
	NTST	F	0.02%
	BLZE	D	0.02%
	SKYT	D	0.02%
	CSTL	B	0.02%
	LIND	C	0.02%
	APLD	C	0.02%
	DOMO	F	0.02%
	ABSI	F	0.02%
	ALT	F	0.02%
	OLO	F	0.02%
	RIOT	F	0.02%
	LUNG	D	0.02%
	FBP	B	0.02%
	SFL	D	0.02%
	MIR	B	0.02%
	ITI	A	0.02%
	INST	C	0.02%
	GRND	D	0.02%
	LAZR	F	0.02%
	NIC	D	0.02%
	TMCI	F	0.02%
	SIGA	F	0.02%
	HLX	C	0.02%
	XPOF	F	0.02%
	MNTK	D	0.02%
	AKRO	D	0.02%
	LYTS	B	0.02%
	CRMD	A	0.02%
	RDVT	D	0.02%
	TH	F	0.02%
	BWMN	F	0.02%
	SRCL	B	0.02%
	PRG	C	0.02%
	GHM	D	0.02%
	AMRC	C	0.02%
	NNOX	F	0.02%
	SVRA	F	0.02%
	OCGN	F	0.02%
	LRMR	F	0.02%
	CYRX	F	0.02%
	EVI	D	0.01%
	HOV	D	0.01%
	CTGO	F	0.01%
	CCO	C	0.01%
	FOR	D	0.01%
	DCGO	F	0.01%
	AKYA	D	0.01%
	VTSI	F	0.01%
	ANIK	F	0.01%
	YORW	F	0.01%
	ODC	D	0.01%
	NRDY	F	0.01%
	SCWO	C	0.01%
	DAKT	D	0.01%
	ALXO	F	0.01%
	MLYS	C	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	F	0.01%
	INMB	F	0.01%
	MAPS	F	0.01%
	ZURA	C	0.01%
	GLSI	F	0.01%
	RCKY	C	0.01%
	LWAY	B	0.01%
	QUAD	D	0.01%
	GCO	D	0.01%
	MRAM	D	0.01%
	DC	D	0.01%
	AQST	C	0.01%
	ACHV	C	0.01%
	IRON	C	0.01%
	GOOD	A	0.01%
	MRSN	D	0.01%
	ESPR	D	0.01%
	STTK	F	0.01%
	UVE	C	0.01%
	PLUG	D	0.01%
	GNE	F	0.01%
	IAS	F	0.01%
	CAPR	A	0.01%
	CWCO	F	0.01%
	ULH	B	0.01%
	LAW	D	0.01%
	NTIC	F	0.01%
	PFIS	D	0.01%
	KFS	D	0.01%
	ALIM	C	0.01%
	FFWM	D	0.01%
	MVIS	D	0.01%
	DESP	C	0.01%
	ACCD	F	0.01%
	MGTX	F	0.01%
	THR	F	0.01%
	PRTH	C	0.01%
	NPCE	F	0.01%
	PKE	D	0.01%
	PRCH	D	0.01%
	LFMD	F	0.01%
	TRVI	D	0.01%
	STGW	B	0.01%
	AVXL	D	0.01%
	QUIK	F	0.01%
	TIPT	B	0.01%
	STXS	F	0.01%
	INBK	D	0.01%
	XFOR	F	0.01%
	PSTL	D	0.01%
	ACIC	D	0.01%
	ZYXI	F	0.01%
	BBAI	D	0.01%
	PHAT	C	0.01%
	OLMA	F	0.01%
	PETQ	A	0.01%
	ADCT	D	0.01%
	JYNT	F	0.01%
	SSTI	F	0.01%
	SMLR	F	0.01%
	FHTX	C	0.01%
	INFU	D	0.01%
	SPNT	D	0.01%
	CVRX	D	0.01%
	PEPG	F	0.01%
	LCTX	D	0.01%
	KLTR	D	0.01%
	SKIN	F	0.01%
	CADL	D	0.01%
	TAYD	D	0.01%
	BVS	B	0.01%
	JILL	F	0.01%
	CTOS	F	0.01%
	PESI	B	0.01%
	TSQ	F	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	F	0.01%
	EGAN	F	0.01%
	ORIC	F	0.01%
	SMTI	F	0.01%
	XOMA	D	0.01%
	GWRS	D	0.01%
	MDWD	D	0.01%
	REX	D	0.01%
	QRHC	F	0.01%
	ULCC	C	0.01%
	HNST	D	0.01%
	BDTX	F	0.01%
	SMID	D	0.01%
	PAYS	F	0.01%
	CDLX	F	0.01%
	GRPN	F	0.01%
	HEAR	C	0.01%
	MODV	F	0.01%
	BTMD	F	0.01%
	KNTK	A	0.01%
	EAF	C	0.01%
	LIVN	C	0.01%
	LNZA	D	0.01%
	EVCM	D	0.01%
	OFLX	D	0.01%
	INMD	F	0.01%
	NEO	F	0.01%
	CDXC	C	0.01%
	AEYE	C	0.01%
	DSP	B	0.01%
	TCX	F	0.01%
	PFMT	D	0.01%
	KRT	F	0.01%
	CALM	A	0.01%
	GAMB	C	0.01%
	LOVE	C	0.01%
	CMPO	B	0.01%
	ALTG	F	0.01%
	REAL	C	0.01%
	MGNX	F	0.01%
	UMH	D	0.01%
	MLP	D	0.01%
	LBRT	D	0.01%
	TDOC	D	0.01%
	NATH	B	0.01%
	ARAY	F	0.01%
	INSE	C	0.01%
	BYRN	A	0.01%
	LLAP	F	0.0%
	QRTEB	D	0.0%
	GRWG	D	0.0%
	MASS	F	0.0%
	RSVR	D	0.0%
	BSVN	D	0.0%
	LYRA	F	0.0%
	ATLC	B	0.0%
	LUNR	D	0.0%
	PTSI	F	0.0%
	QIPT	F	0.0%
	TDUP	F	0.0%
	PGEN	F	0.0%
	HLVX	F	0.0%
	AMPX	D	0.0%
	ULBI	D	0.0%
	RMNI	F	0.0%
	VGAS	D	0.0%
	VIRC	D	0.0%
	SES	F	0.0%
	MEC	C	0.0%
	HOWL	F	0.0%
	CZFS	C	0.0%
	PLPC	D	0.0%
	BOC	D	0.0%
	FBIZ	D	0.0%
	RENB	F	0.0%
	EVC	D	0.0%
	ORGO	C	0.0%
	HRTX	D	0.0%
	CTV	F	0.0%
	APEI	F	0.0%
	TERN	C	0.0%
	CDXS	C	0.0%
	AVTE	D	0.0%
	ELEV	F	0.0%
	ANET	A	0.0%
	LSEA	D	0.0%
	CIX	C	0.0%
	RGLS	F	0.0%
	DIBS	F	0.0%
	CLBK	F	0.0%
	FENC	F	0.0%
	SGC	D	0.0%
	SST	F	0.0%
	SHYF	D	0.0%
	ALDX	C	0.0%
	ATOS	C	0.0%
	AKBA	F	0.0%
	HBIO	F	0.0%
	IIIV	D	0.0%
	LASR	F	0.0%
	VALU	C	0.0%
	RM	D	0.0%
	DLHC	F	0.0%
	GALT	C	0.0%
	METCB	F	0.0%
	CRDF	D	0.0%
	MITT	C	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	F	0.0%
	CHRS	F	0.0%
	MLR	B	0.0%
	TNYA	F	0.0%
	RDW	B	0.0%
	CMRE	C	0.0%
	PLL	D	0.0%
	USCB	D	0.0%
	MYFW	B	0.0%
	ITIC	C	0.0%
	FIGS	C	0.0%
	EPM	B	0.0%
	VRCA	F	0.0%
	MCBS	D	0.0%
	OABI	F	0.0%
	AOMR	F	0.0%
	FG	B	0.0%
	QBTS	D	0.0%
	REPX	C	0.0%
	CLPR	B	0.0%
	EVEX	D	0.0%
	NGS	D	0.0%
	FLWS	F	0.0%
	ARKO	C	0.0%
	HDSN	F	0.0%
	GMGI	F	0.0%
	AIRS	D	0.0%
	CABA	F	0.0%
	SWBI	F	0.0%
	PTVE	D	0.0%
	PSTX	F	0.0%
	SHBI	D	0.0%
	OPEN	F	0.0%
	AVO	C	0.0%
	ATNM	F	0.0%
	BMBL	F	0.0%
	TTSH	D	0.0%
	BOOM	D	0.0%
	NGVC	D	0.0%
	HQI	D	0.0%
	QTRX	F	0.0%
	EGY	D	0.0%
	OVID	D	0.0%
	OBIO	F	0.0%
	NWPX	B	0.0%
	LXRX	F	0.0%

VTWG Underweight 271 Positions Relative to VIOV

	Symbol	Grade	Weight
	CMA	C	-1.15%
	RHI	D	-0.99%
	JXN	A	-0.93%
	VFC	A	-0.91%
	OGN	F	-0.87%
	LNC	B	-0.83%
	LUMN	C	-0.81%
	ALK	C	-0.7%
	RUN	D	-0.69%
	SLG	C	-0.66%
	ABCB	C	-0.61%
	SANM	D	-0.58%
	AL	D	-0.57%
	HASI	B	-0.56%
	DXC	C	-0.56%
	ABM	D	-0.55%
	UCB	D	-0.55%
	AUB	D	-0.54%
	FULT	D	-0.53%
	HIW	C	-0.52%
	MAC	B	-0.52%
	ICUI	B	-0.51%
	BXMT	C	-0.49%
	CBU	D	-0.49%
	FHB	D	-0.47%
	AVA	D	-0.46%
	LXP	D	-0.46%
	SEE	C	-0.46%
	GNW	A	-0.46%
	REZI	D	-0.45%
	BKU	D	-0.44%
	BFH	D	-0.44%
	HUBG	D	-0.44%
	CWEN	C	-0.42%
	PENN	D	-0.42%
	DEI	A	-0.41%
	EPRT	C	-0.41%
	SFNC	B	-0.41%
	INDB	D	-0.41%
	AAP	F	-0.41%
	MPW	C	-0.41%
	NWL	D	-0.41%
	VIRT	B	-0.41%
	FL	F	-0.39%
	CWK	D	-0.39%
	ABR	C	-0.39%
	WAFD	D	-0.38%
	PPBI	D	-0.38%
	PFS	D	-0.38%
	ABG	D	-0.38%
	FFBC	D	-0.38%
	CVBF	B	-0.37%
	RDN	D	-0.37%
	GTES	C	-0.37%
	SBCF	D	-0.35%
	NBTB	D	-0.35%
	AKR	B	-0.35%
	ENVA	B	-0.35%
	VSTO	B	-0.35%
	IAC	C	-0.34%
	SATS	C	-0.34%
	KSS	D	-0.33%
	RNST	D	-0.33%
	PHIN	D	-0.33%
	IBTX	B	-0.32%
	MLKN	F	-0.32%
	PINC	F	-0.32%
	B	A	-0.31%
	KMT	C	-0.31%
	STC	D	-0.31%
	TRMK	D	-0.31%
	OMCL	C	-0.31%
	BANR	B	-0.31%
	FTRE	F	-0.31%
	ROIC	C	-0.3%
	THS	D	-0.3%
	BANC	D	-0.3%
	OI	D	-0.3%
	MRCY	B	-0.3%
	TTMI	D	-0.3%
	EPC	F	-0.3%
	HAYW	C	-0.29%
	GO	F	-0.29%
	VIAV	C	-0.29%
	PBH	D	-0.29%
	ACA	C	-0.28%
	GEO	D	-0.28%
	KAR	F	-0.28%
	FBNC	B	-0.27%
	NWBI	D	-0.27%
	LGND	C	-0.27%
	RUSHA	D	-0.27%
	TALO	D	-0.27%
	WSFS	D	-0.27%
	GNL	D	-0.26%
	UNF	A	-0.26%
	CATY	B	-0.26%
	FBK	B	-0.26%
	LEG	D	-0.26%
	JBLU	B	-0.26%
	AGO	B	-0.25%
	NBHC	D	-0.25%
	ELME	D	-0.24%
	BOH	D	-0.24%
	IIPR	C	-0.24%
	BGC	B	-0.24%
	KFY	C	-0.24%
	PEB	D	-0.24%
	CABO	F	-0.24%
	PRK	D	-0.23%
	GBX	C	-0.23%
	HTH	F	-0.23%
	NWN	D	-0.23%
	BHE	C	-0.23%
	CXW	F	-0.23%
	NTCT	C	-0.23%
	HOPE	B	-0.23%
	MODG	F	-0.22%
	SKYW	B	-0.22%
	ALEX	D	-0.22%
	CPK	C	-0.22%
	JBGS	C	-0.22%
	DAN	D	-0.22%
	HMN	B	-0.22%
	FCPT	C	-0.22%
	HP	D	-0.22%
	DEA	D	-0.21%
	BTU	B	-0.21%
	NAVI	D	-0.21%
	VBTX	C	-0.21%
	DNOW	F	-0.21%
	IART	F	-0.21%
	RC	F	-0.2%
	XRX	D	-0.2%
	KW	C	-0.2%
	MYGN	D	-0.2%
	SAFT	D	-0.2%
	AAT	C	-0.2%
	UVV	D	-0.2%
	SBH	B	-0.2%
	PMT	B	-0.19%
	MTX	C	-0.19%
	STRA	F	-0.19%
	SCSC	D	-0.19%
	PTEN	F	-0.19%
	BRC	C	-0.18%
	TDS	C	-0.18%
	VSAT	F	-0.18%
	ECPG	F	-0.18%
	EIG	A	-0.18%
	AVNS	D	-0.17%
	FBRT	C	-0.17%
	CSR	D	-0.17%
	MATV	F	-0.16%
	UE	C	-0.16%
	FOXF	F	-0.16%
	GIII	C	-0.16%
	TGI	F	-0.16%
	DGII	B	-0.16%
	NXRT	D	-0.16%
	NVRI	D	-0.15%
	VTOL	D	-0.15%
	AOSL	D	-0.15%
	KN	B	-0.15%
	FDP	C	-0.15%
	NHC	D	-0.15%
	ODP	F	-0.15%
	SJW	D	-0.15%
	SNDR	D	-0.15%
	FWRD	D	-0.15%
	MD	B	-0.14%
	UNFI	C	-0.14%
	BDN	B	-0.14%
	DLX	F	-0.14%
	BRKL	D	-0.14%
	LTC	D	-0.14%
	DCOM	B	-0.14%
	GPRE	F	-0.14%
	PRAA	F	-0.14%
	FCF	D	-0.14%
	CNXN	C	-0.13%
	VRE	C	-0.13%
	SEDG	F	-0.13%
	VSTS	D	-0.13%
	WNC	F	-0.13%
	GTY	C	-0.13%
	SPTN	C	-0.12%
	ARCH	D	-0.12%
	WGO	D	-0.12%
	TMP	C	-0.12%
	ASTE	F	-0.12%
	STBA	D	-0.12%
	SVC	D	-0.12%
	HSII	D	-0.12%
	HFWA	D	-0.12%
	ASIX	A	-0.12%
	LZB	D	-0.12%
	HCSG	F	-0.12%
	MNRO	B	-0.12%
	SCHL	F	-0.12%
	HAIN	C	-0.11%
	VIR	F	-0.11%
	SCVL	D	-0.11%
	CFFN	D	-0.11%
	CPF	C	-0.11%
	COHU	F	-0.11%
	SXC	F	-0.11%
	AXL	F	-0.11%
	EZPW	C	-0.1%
	SGH	D	-0.1%
	HZO	C	-0.1%
	PRDO	D	-0.1%
	HPP	F	-0.1%
	PUMP	D	-0.1%
	EGBN	C	-0.1%
	TRST	D	-0.1%
	BGS	D	-0.1%
	KELYA	D	-0.1%
	PRA	C	-0.1%
	MMI	D	-0.09%
	ROG	D	-0.09%
	XHR	A	-0.09%
	BHLB	D	-0.09%
	HAFC	D	-0.09%
	SBSI	D	-0.09%
	SMP	D	-0.09%
	ALGT	D	-0.09%
	CRK	B	-0.08%
	UNIT	B	-0.08%
	VREX	F	-0.08%
	GDOT	C	-0.08%
	ARI	F	-0.08%
	UTL	D	-0.08%
	WABC	F	-0.08%
	CTKB	F	-0.08%
	CWEN	C	-0.08%
	CERT	F	-0.08%
	CLW	F	-0.08%
	UFCS	D	-0.07%
	NUS	F	-0.07%
	USNA	F	-0.07%
	FLGT	F	-0.07%
	VTLE	F	-0.07%
	CCRN	F	-0.07%
	HVT	F	-0.06%
	SWI	B	-0.06%
	MOV	F	-0.06%
	NX	F	-0.06%
	KOP	F	-0.06%
	HTZ	F	-0.06%
	ETD	C	-0.06%
	TWI	F	-0.06%
	CMP	D	-0.05%
	AMCX	F	-0.05%
	RGNX	F	-0.05%
	WSR	C	-0.05%
	HAYN	B	-0.05%
	WS	D	-0.05%
	CNSL	A	-0.05%
	INN	A	-0.05%
	MERC	D	-0.04%
	PRLB	F	-0.04%
	MTUS	F	-0.04%
	GDEN	D	-0.04%
	CHUY	B	-0.04%
	MATW	F	-0.04%
	DDD	D	-0.04%
	DBI	F	-0.04%
	ZEUS	F	-0.03%
	TR	D	-0.03%
	NPK	F	-0.03%

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

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

VIOV: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Asset Management Packaged Foods REIT - Retail Specialty Chemicals Communication Equipment REIT - Office Restaurants Auto Parts Information Technology Services Insurance - Property & Casualty Software - Infrastructure Specialty Retail Credit Services Diversified Industrials Electronic Components Medical Devices REIT - Healthcare Facilities

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