VTWV vs. FNDA ETF Comparison

Comparison of Vanguard Russell 2000 Value ETF (VTWV) to Schwab Fundamental U.S. Small Company Index ETF (FNDA)

VTWV

Vanguard Russell 2000 Value ETF

VTWV 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 Russell 2000® Value Index. The index is designed to measure the performance of small-capitalization value 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

$152.40

Average Daily Volume

31,656

Number of Holdings ^*

1276

* may have additional holdings in another (foreign) market

FNDA

Schwab Fundamental U.S. Small Company Index ETF

FNDA Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.88

Average Daily Volume

481,574

Number of Holdings ^*

996

* may have additional holdings in another (foreign) market

Performance

Period	VTWV	FNDA
30 Days	1.61%	2.08%
60 Days	3.36%	4.33%
90 Days	6.59%	7.46%
12 Months	27.22%	26.03%

559 Overlapping Holdings

	Symbol	Grade	Weight in VTWV	Weight in FNDA	Overlap
	AAT	A	0.1%	0.06%	0.06%
	ABCB	B	0.31%	0.13%	0.13%
	ABR	B	0.21%	0.1%	0.1%
	ACA	A	0.35%	0.19%	0.19%
	ACCO	B	0.03%	0.05%	0.03%
	ADUS	D	0.1%	0.05%	0.05%
	AEO	F	0.06%	0.1%	0.06%
	AGM	B	0.01%	0.03%	0.01%
	AHCO	D	0.05%	0.02%	0.02%
	AIN	C	0.12%	0.09%	0.09%
	AIR	B	0.12%	0.12%	0.12%
	AKR	A	0.19%	0.08%	0.08%
	ALE	A	0.28%	0.17%	0.17%
	ALEX	B	0.1%	0.09%	0.09%
	ALGT	C	0.08%	0.08%	0.08%
	ALIT	C	0.22%	0.08%	0.08%
	AMBC	C	0.04%	0.02%	0.02%
	AMC	D	0.11%	0.03%	0.03%
	AMCX	C	0.02%	0.05%	0.02%
	AMRC	F	0.05%	0.0%	0.0%
	AMRK	F	0.05%	0.05%	0.05%
	AMSF	B	0.04%	0.01%	0.01%
	AMWD	C	0.1%	0.14%	0.1%
	ANDE	F	0.1%	0.12%	0.1%
	AOSL	C	0.06%	0.0%	0.0%
	APLE	B	0.26%	0.17%	0.17%
	APOG	B	0.08%	0.14%	0.08%
	ARI	C	0.1%	0.08%	0.08%
	ARKO	D	0.04%	0.02%	0.02%
	ASB	B	0.27%	0.21%	0.21%
	ASIX	C	0.06%	0.04%	0.04%
	ASTE	C	0.05%	0.03%	0.03%
	ATGE	B	0.19%	0.19%	0.19%
	ATNI	F	0.02%	0.01%	0.01%
	ATSG	A	0.07%	0.06%	0.06%
	AUB	B	0.26%	0.07%	0.07%
	AVA	C	0.22%	0.16%	0.16%
	AVD	C	0.01%	0.01%	0.01%
	AVNS	F	0.06%	0.02%	0.02%
	AVNT	B	0.32%	0.22%	0.22%
	AVO	B	0.03%	0.02%	0.02%
	AWR	A	0.1%	0.06%	0.06%
	AX	B	0.25%	0.11%	0.11%
	AXL	C	0.05%	0.06%	0.05%
	AZZ	A	0.03%	0.1%	0.03%
	B	A	0.17%	0.16%	0.16%
	BANF	B	0.14%	0.02%	0.02%
	BANR	B	0.17%	0.12%	0.12%
	BBSI	B	0.01%	0.03%	0.01%
	BDC	B	0.16%	0.17%	0.16%
	BDN	C	0.07%	0.07%	0.07%
	BGC	C	0.26%	0.12%	0.12%
	BGS	F	0.05%	0.03%	0.03%
	BHE	B	0.12%	0.21%	0.12%
	BHLB	B	0.09%	0.01%	0.01%
	BJRI	C	0.02%	0.02%	0.02%
	BKD	F	0.01%	0.06%	0.01%
	BKH	A	0.31%	0.23%	0.23%
	BKU	A	0.2%	0.29%	0.2%
	BLMN	F	0.05%	0.07%	0.05%
	BMBL	C	0.05%	0.01%	0.01%
	BNL	D	0.25%	0.06%	0.06%
	BOH	B	0.21%	0.14%	0.14%
	BRKL	B	0.08%	0.02%	0.02%
	BRSP	C	0.06%	0.02%	0.02%
	BRY	F	0.02%	0.02%	0.02%
	BUSE	B	0.1%	0.06%	0.06%
	BV	C	0.07%	0.05%	0.05%
	BXC	B	0.07%	0.1%	0.07%
	BXMT	C	0.24%	0.14%	0.14%
	BZH	C	0.07%	0.04%	0.04%
	CABO	C	0.15%	0.13%	0.13%
	CADE	B	0.46%	0.22%	0.22%
	CAL	F	0.05%	0.06%	0.05%
	CALM	A	0.26%	0.2%	0.2%
	CALX	D	0.04%	0.02%	0.02%
	CARS	C	0.08%	0.04%	0.04%
	CASH	B	0.1%	0.07%	0.07%
	CATY	B	0.24%	0.17%	0.17%
	CBL	A	0.01%	0.03%	0.01%
	CBRL	C	0.06%	0.15%	0.06%
	CBU	B	0.24%	0.11%	0.11%
	CCO	D	0.03%	0.05%	0.03%
	CCRN	F	0.03%	0.01%	0.01%
	CCS	F	0.16%	0.19%	0.16%
	CCSI	C	0.03%	0.02%	0.02%
	CDE	C	0.19%	0.07%	0.07%
	CDP	C	0.28%	0.14%	0.14%
	CEIX	A	0.25%	0.15%	0.15%
	CENT	C	0.02%	0.01%	0.01%
	CENTA	C	0.1%	0.09%	0.09%
	CFFN	B	0.06%	0.03%	0.03%
	CHCO	B	0.12%	0.05%	0.05%
	CHGG	F	0.01%	0.0%	0.0%
	CLDT	C	0.03%	0.02%	0.02%
	CLW	F	0.03%	0.02%	0.02%
	CMCO	C	0.07%	0.05%	0.05%
	CMP	C	0.03%	0.02%	0.02%
	CMPR	F	0.03%	0.04%	0.03%
	CMRE	B	0.04%	0.03%	0.03%
	CMTG	D	0.04%	0.03%	0.03%
	CNDT	D	0.04%	0.05%	0.04%
	CNK	A	0.05%	0.14%	0.05%
	CNNE	B	0.09%	0.03%	0.03%
	CNOB	B	0.07%	0.02%	0.02%
	CNSL	B	0.03%	0.04%	0.03%
	CNX	A	0.38%	0.17%	0.17%
	CNXN	D	0.06%	0.09%	0.06%
	CODI	B	0.11%	0.05%	0.05%
	COHU	D	0.09%	0.04%	0.04%
	COMM	D	0.11%	0.1%	0.1%
	COOP	B	0.27%	0.22%	0.22%
	CPF	B	0.05%	0.03%	0.03%
	CPK	A	0.2%	0.07%	0.07%
	CPS	C	0.02%	0.04%	0.02%
	CRC	A	0.27%	0.19%	0.19%
	CRGY	A	0.1%	0.04%	0.04%
	CRK	A	0.08%	0.07%	0.07%
	CRMT	F	0.02%	0.01%	0.01%
	CRNC	F	0.01%	0.0%	0.0%
	CSR	A	0.08%	0.02%	0.02%
	CSV	B	0.01%	0.02%	0.01%
	CTRE	C	0.34%	0.03%	0.03%
	CTRN	F	0.01%	0.02%	0.01%
	CTS	C	0.03%	0.06%	0.03%
	CUBI	C	0.1%	0.07%	0.07%
	CVBF	B	0.2%	0.11%	0.11%
	CVGW	D	0.03%	0.03%	0.03%
	CVI	D	0.0%	0.06%	0.0%
	CVLT	B	0.03%	0.14%	0.03%
	CWK	C	0.24%	0.22%	0.22%
	CWT	C	0.17%	0.07%	0.07%
	CXW	B	0.12%	0.28%	0.12%
	DBI	F	0.02%	0.02%	0.02%
	DBRG	F	0.14%	0.18%	0.14%
	DCO	B	0.06%	0.02%	0.02%
	DEA	D	0.1%	0.05%	0.05%
	DEI	B	0.22%	0.22%	0.22%
	DENN	D	0.01%	0.01%	0.01%
	DFIN	D	0.04%	0.06%	0.04%
	DHC	F	0.06%	0.1%	0.06%
	DHIL	A	0.0%	0.02%	0.0%
	DHT	D	0.11%	0.04%	0.04%
	DIN	C	0.03%	0.01%	0.01%
	DIOD	F	0.18%	0.11%	0.11%
	DLX	B	0.06%	0.08%	0.06%
	DNOW	B	0.09%	0.15%	0.09%
	DOLE	D	0.09%	0.08%	0.08%
	DRH	B	0.14%	0.12%	0.12%
	DXPE	B	0.04%	0.04%	0.04%
	EAF	B	0.0%	0.06%	0.0%
	EAT	A	0.03%	0.19%	0.03%
	EBC	B	0.24%	0.07%	0.07%
	EBF	D	0.04%	0.02%	0.02%
	ECPG	C	0.08%	0.12%	0.08%
	ECVT	C	0.06%	0.06%	0.06%
	EFSC	B	0.15%	0.06%	0.06%
	EGBN	B	0.06%	0.03%	0.03%
	EIG	B	0.09%	0.09%	0.09%
	ELME	D	0.11%	0.06%	0.06%
	EMBC	D	0.06%	0.06%	0.06%
	ENS	D	0.02%	0.19%	0.02%
	ENVA	B	0.17%	0.19%	0.17%
	EPC	F	0.13%	0.11%	0.11%
	EPRT	A	0.42%	0.05%	0.05%
	ESE	B	0.13%	0.09%	0.09%
	ESGR	B	0.31%	0.05%	0.05%
	ESNT	D	0.48%	0.15%	0.15%
	ESRT	C	0.11%	0.09%	0.09%
	ETD	D	0.05%	0.02%	0.02%
	EVRI	A	0.04%	0.02%	0.02%
	EYE	C	0.06%	0.07%	0.06%
	FBK	B	0.13%	0.01%	0.01%
	FBNC	B	0.13%	0.05%	0.05%
	FBP	B	0.22%	0.06%	0.06%
	FBRT	C	0.08%	0.04%	0.04%
	FCF	B	0.13%	0.07%	0.07%
	FCPT	C	0.19%	0.04%	0.04%
	FDP	B	0.08%	0.23%	0.08%
	FFBC	B	0.18%	0.11%	0.11%
	FIBK	B	0.19%	0.11%	0.11%
	FLGT	F	0.03%	0.01%	0.01%
	FLWS	F	0.01%	0.01%	0.01%
	FOXF	F	0.12%	0.05%	0.05%
	FRME	B	0.16%	0.09%	0.09%
	FUL	F	0.22%	0.17%	0.17%
	FULT	B	0.25%	0.14%	0.14%
	FWRD	D	0.07%	0.15%	0.07%
	GATX	B	0.37%	0.22%	0.22%
	GBCI	B	0.45%	0.17%	0.17%
	GBX	B	0.14%	0.2%	0.14%
	GCI	D	0.05%	0.06%	0.05%
	GCO	C	0.02%	0.04%	0.02%
	GDEN	B	0.05%	0.03%	0.03%
	GDOT	D	0.05%	0.02%	0.02%
	GEF	B	0.02%	0.16%	0.02%
	GEF	B	0.12%	0.16%	0.12%
	GEO	A	0.14%	0.42%	0.14%
	GHC	B	0.21%	0.23%	0.21%
	GIII	D	0.09%	0.18%	0.09%
	GLDD	B	0.06%	0.03%	0.03%
	GLNG	D	0.27%	0.04%	0.04%
	GMS	B	0.03%	0.21%	0.03%
	GNK	D	0.05%	0.02%	0.02%
	GNL	D	0.12%	0.07%	0.07%
	GPMT	B	0.01%	0.01%	0.01%
	GPRE	F	0.06%	0.06%	0.06%
	GPRO	F	0.01%	0.01%	0.01%
	GRBK	D	0.12%	0.04%	0.04%
	GTN	F	0.04%	0.04%	0.04%
	GTY	A	0.12%	0.02%	0.02%
	GVA	A	0.05%	0.25%	0.05%
	HAFC	B	0.05%	0.02%	0.02%
	HAIN	D	0.06%	0.04%	0.04%
	HASI	F	0.3%	0.02%	0.02%
	HAYN	A	0.06%	0.0%	0.0%
	HCC	B	0.25%	0.27%	0.25%
	HCSG	C	0.06%	0.06%	0.06%
	HE	C	0.13%	0.14%	0.13%
	HEES	C	0.01%	0.12%	0.01%
	HELE	C	0.11%	0.13%	0.11%
	HFWA	B	0.06%	0.02%	0.02%
	HI	C	0.1%	0.11%	0.1%
	HL	C	0.29%	0.08%	0.08%
	HLF	C	0.02%	0.11%	0.02%
	HLIO	C	0.04%	0.04%	0.04%
	HLX	C	0.08%	0.07%	0.07%
	HMN	B	0.12%	0.07%	0.07%
	HMST	D	0.01%	0.03%	0.01%
	HNI	B	0.09%	0.18%	0.09%
	HOMB	A	0.39%	0.1%	0.1%
	HOPE	B	0.11%	0.12%	0.11%
	HOV	D	0.06%	0.0%	0.0%
	HP	C	0.25%	0.19%	0.19%
	HPP	F	0.05%	0.11%	0.05%
	HSII	B	0.06%	0.03%	0.03%
	HTH	B	0.11%	0.11%	0.11%
	HTLD	B	0.02%	0.05%	0.02%
	HTLF	B	0.19%	0.1%	0.1%
	HVT	D	0.02%	0.02%	0.02%
	HWC	B	0.34%	0.21%	0.21%
	HY	D	0.02%	0.0%	0.0%
	HZO	F	0.05%	0.04%	0.04%
	IART	C	0.1%	0.07%	0.07%
	IBOC	B	0.25%	0.11%	0.11%
	IBTX	B	0.16%	0.09%	0.09%
	ICHR	C	0.05%	0.05%	0.05%
	ICUI	D	0.28%	0.14%	0.14%
	IGT	F	0.15%	0.13%	0.13%
	IHRT	B	0.02%	0.04%	0.02%
	IIIN	D	0.02%	0.01%	0.01%
	IIPR	F	0.28%	0.0%	0.0%
	ILPT	D	0.02%	0.03%	0.02%
	IMKTA	C	0.07%	0.18%	0.07%
	INDB	B	0.2%	0.09%	0.09%
	INMD	C	0.09%	0.0%	0.0%
	INSW	F	0.13%	0.04%	0.04%
	INVA	C	0.07%	0.04%	0.04%
	IOSP	C	0.03%	0.13%	0.03%
	IRBT	F	0.02%	0.01%	0.01%
	IRT	A	0.34%	0.07%	0.07%
	IRWD	F	0.03%	0.02%	0.02%
	ITGR	B	0.09%	0.12%	0.09%
	ITRI	B	0.04%	0.13%	0.04%
	IVT	A	0.15%	0.04%	0.04%
	JBGS	F	0.11%	0.12%	0.11%
	JBLU	F	0.14%	0.19%	0.14%
	JBT	A	0.25%	0.12%	0.12%
	JELD	F	0.06%	0.12%	0.06%
	JRVR	F	0.02%	0.01%	0.01%
	KALU	C	0.01%	0.11%	0.01%
	KAR	A	0.13%	0.14%	0.13%
	KE	C	0.03%	0.01%	0.01%
	KELYA	F	0.05%	0.06%	0.05%
	KFY	B	0.28%	0.21%	0.21%
	KMT	C	0.15%	0.18%	0.15%
	KN	B	0.11%	0.07%	0.07%
	KOP	C	0.05%	0.07%	0.05%
	KREF	D	0.04%	0.02%	0.02%
	KRG	A	0.42%	0.1%	0.1%
	KRNY	B	0.03%	0.02%	0.02%
	KTOS	C	0.14%	0.06%	0.06%
	KW	B	0.09%	0.08%	0.08%
	LADR	B	0.1%	0.07%	0.07%
	LAUR	A	0.03%	0.17%	0.03%
	LBRT	F	0.2%	0.12%	0.12%
	LESL	C	0.01%	0.01%	0.01%
	LGF.A	F	0.03%	0.06%	0.03%
	LGF.A	F	0.07%	0.06%	0.06%
	LGIH	F	0.15%	0.15%	0.15%
	LGND	C	0.14%	0.01%	0.01%
	LILAK	F	0.1%	0.08%	0.08%
	LIVN	D	0.2%	0.05%	0.05%
	LKFN	B	0.12%	0.04%	0.04%
	LNN	B	0.05%	0.04%	0.04%
	LPG	F	0.04%	0.03%	0.03%
	LTC	B	0.13%	0.04%	0.04%
	LXP	D	0.21%	0.08%	0.08%
	LXU	C	0.03%	0.0%	0.0%
	LZB	B	0.12%	0.15%	0.12%
	MAC	A	0.31%	0.28%	0.28%
	MATV	F	0.06%	0.03%	0.03%
	MATW	C	0.05%	0.02%	0.02%
	MATX	B	0.4%	0.04%	0.04%
	MBUU	C	0.07%	0.01%	0.01%
	MCY	B	0.12%	0.14%	0.12%
	MD	C	0.08%	0.08%	0.08%
	MED	F	0.02%	0.01%	0.01%
	MEI	F	0.02%	0.01%	0.01%
	MGEE	A	0.14%	0.1%	0.1%
	MGY	A	0.03%	0.09%	0.03%
	MHO	D	0.31%	0.25%	0.25%
	MLKN	F	0.12%	0.14%	0.12%
	MMI	B	0.07%	0.06%	0.06%
	MNRO	C	0.06%	0.03%	0.03%
	MODG	F	0.1%	0.05%	0.05%
	MODV	D	0.01%	0.01%	0.01%
	MOV	D	0.02%	0.01%	0.01%
	MRC	B	0.08%	0.05%	0.05%
	MRCY	C	0.13%	0.07%	0.07%
	MRTN	C	0.05%	0.07%	0.05%
	MSBI	B	0.04%	0.0%	0.0%
	MTRN	C	0.01%	0.07%	0.01%
	MTUS	D	0.05%	0.02%	0.02%
	MTW	C	0.03%	0.02%	0.02%
	MTX	C	0.18%	0.15%	0.15%
	MXL	C	0.0%	0.03%	0.0%
	MYGN	F	0.15%	0.03%	0.03%
	NBHC	B	0.13%	0.01%	0.01%
	NBR	D	0.04%	0.04%	0.04%
	NBTB	B	0.16%	0.07%	0.07%
	NEOG	D	0.24%	0.04%	0.04%
	NHC	B	0.11%	0.1%	0.1%
	NHI	D	0.24%	0.09%	0.09%
	NIC	B	0.08%	0.0%	0.0%
	NJR	A	0.34%	0.17%	0.17%
	NMIH	D	0.21%	0.07%	0.07%
	NMRK	B	0.15%	0.14%	0.14%
	NNI	D	0.12%	0.06%	0.06%
	NOG	B	0.26%	0.04%	0.04%
	NPK	C	0.03%	0.02%	0.02%
	NPO	A	0.21%	0.09%	0.09%
	NR	C	0.04%	0.0%	0.0%
	NTB	B	0.13%	0.05%	0.05%
	NTCT	C	0.11%	0.1%	0.1%
	NTGR	A	0.05%	0.06%	0.05%
	NUS	C	0.02%	0.03%	0.02%
	NVEE	F	0.08%	0.04%	0.04%
	NVRI	F	0.05%	0.03%	0.03%
	NWBI	B	0.13%	0.08%	0.08%
	NWE	C	0.25%	0.17%	0.17%
	NWN	A	0.11%	0.08%	0.08%
	NX	C	0.1%	0.07%	0.07%
	OCFC	B	0.08%	0.02%	0.02%
	OFG	B	0.14%	0.04%	0.04%
	OGS	A	0.31%	0.19%	0.19%
	OIS	C	0.02%	0.01%	0.01%
	OMCL	C	0.17%	0.08%	0.08%
	OMI	F	0.06%	0.14%	0.06%
	ONB	B	0.46%	0.17%	0.17%
	ONEW	F	0.02%	0.0%	0.0%
	OPCH	F	0.16%	0.08%	0.08%
	OPEN	F	0.08%	0.07%	0.07%
	OPK	B	0.04%	0.02%	0.02%
	ORA	B	0.32%	0.09%	0.09%
	OSIS	A	0.01%	0.09%	0.01%
	OTTR	C	0.14%	0.09%	0.09%
	OUT	A	0.12%	0.16%	0.12%
	OXM	F	0.03%	0.06%	0.03%
	PAGS	F	0.06%	0.03%	0.03%
	PARR	F	0.07%	0.04%	0.04%
	PBH	A	0.28%	0.11%	0.11%
	PBI	B	0.06%	0.09%	0.06%
	PCH	D	0.25%	0.17%	0.17%
	PCRX	C	0.05%	0.0%	0.0%
	PDCO	F	0.1%	0.15%	0.1%
	PDM	D	0.09%	0.09%	0.09%
	PEB	F	0.11%	0.07%	0.07%
	PEBO	B	0.08%	0.0%	0.0%
	PECO	A	0.3%	0.11%	0.11%
	PFBC	B	0.08%	0.0%	0.0%
	PFC	B	0.07%	0.02%	0.02%
	PFS	B	0.18%	0.1%	0.1%
	PFSI	C	0.09%	0.16%	0.09%
	PGRE	D	0.07%	0.06%	0.06%
	PHIN	B	0.15%	0.17%	0.15%
	PKST	F	0.04%	0.01%	0.01%
	PLAB	D	0.07%	0.07%	0.07%
	PLOW	D	0.01%	0.01%	0.01%
	PLUS	F	0.06%	0.11%	0.06%
	PLXS	B	0.21%	0.24%	0.21%
	PMT	D	0.09%	0.08%	0.08%
	PNM	B	0.3%	0.2%	0.2%
	PPBI	B	0.19%	0.11%	0.11%
	PRA	B	0.06%	0.04%	0.04%
	PRAA	C	0.06%	0.04%	0.04%
	PRDO	B	0.11%	0.09%	0.09%
	PRG	C	0.12%	0.25%	0.12%
	PRIM	A	0.02%	0.12%	0.02%
	PRK	B	0.19%	0.08%	0.08%
	PRLB	C	0.05%	0.03%	0.03%
	PRM	B	0.14%	0.01%	0.01%
	PSMT	D	0.06%	0.17%	0.06%
	PTEN	C	0.23%	0.16%	0.16%
	PTON	C	0.02%	0.08%	0.02%
	PTVE	B	0.03%	0.07%	0.03%
	PUMP	D	0.05%	0.04%	0.04%
	PZZA	F	0.04%	0.03%	0.03%
	RC	D	0.08%	0.03%	0.03%
	RDN	D	0.4%	0.24%	0.24%
	RDUS	C	0.03%	0.04%	0.03%
	RES	F	0.04%	0.04%	0.04%
	REVG	B	0.02%	0.08%	0.02%
	REX	D	0.04%	0.0%	0.0%
	RGP	F	0.02%	0.01%	0.01%
	RGR	F	0.04%	0.03%	0.03%
	RIG	D	0.24%	0.12%	0.12%
	RLJ	C	0.1%	0.12%	0.1%
	RNST	B	0.16%	0.04%	0.04%
	ROCK	D	0.08%	0.09%	0.08%
	ROG	D	0.14%	0.07%	0.07%
	ROIC	A	0.15%	0.08%	0.08%
	RRR	F	0.11%	0.08%	0.08%
	RUN	F	0.24%	0.02%	0.02%
	RWT	D	0.07%	0.03%	0.03%
	RYAM	C	0.04%	0.02%	0.02%
	RYI	C	0.05%	0.13%	0.05%
	SABR	B	0.07%	0.07%	0.07%
	SAFT	B	0.09%	0.08%	0.08%
	SAH	B	0.05%	0.14%	0.05%
	SASR	B	0.11%	0.11%	0.11%
	SATS	C	0.23%	0.38%	0.23%
	SBCF	B	0.17%	0.03%	0.03%
	SBH	B	0.1%	0.2%	0.1%
	SBRA	B	0.34%	0.18%	0.18%
	SBSI	B	0.07%	0.02%	0.02%
	SCHL	F	0.04%	0.06%	0.04%
	SCL	D	0.1%	0.13%	0.1%
	SCS	B	0.08%	0.15%	0.08%
	SCSC	B	0.08%	0.09%	0.08%
	SCVL	F	0.05%	0.03%	0.03%
	SEM	B	0.08%	0.22%	0.08%
	SENEA	A	0.02%	0.04%	0.02%
	SFBS	B	0.23%	0.04%	0.04%
	SFIX	B	0.02%	0.02%	0.02%
	SFL	D	0.08%	0.04%	0.04%
	SFNC	B	0.22%	0.16%	0.16%
	SGRY	F	0.17%	0.03%	0.03%
	SHEN	F	0.05%	0.02%	0.02%
	SHO	D	0.16%	0.1%	0.1%
	SHYF	C	0.03%	0.02%	0.02%
	SIG	C	0.3%	0.23%	0.23%
	SIGI	B	0.06%	0.16%	0.06%
	SJW	F	0.14%	0.05%	0.05%
	SKT	A	0.16%	0.11%	0.11%
	SKY	A	0.19%	0.16%	0.16%
	SKYW	B	0.29%	0.24%	0.24%
	SLG	B	0.38%	0.15%	0.15%
	SLVM	C	0.18%	0.25%	0.18%
	SMP	C	0.05%	0.03%	0.03%
	SNBR	F	0.02%	0.05%	0.02%
	SNEX	B	0.17%	0.01%	0.01%
	SONO	C	0.01%	0.06%	0.01%
	SR	A	0.28%	0.19%	0.19%
	SRCE	B	0.08%	0.02%	0.02%
	SRI	F	0.01%	0.01%	0.01%
	SSB	B	0.56%	0.1%	0.1%
	SSP	F	0.02%	0.01%	0.01%
	SSTK	F	0.01%	0.03%	0.01%
	STBA	B	0.11%	0.06%	0.06%
	STC	B	0.14%	0.19%	0.14%
	STNE	F	0.12%	0.02%	0.02%
	STNG	D	0.21%	0.03%	0.03%
	STRA	C	0.15%	0.09%	0.09%
	SUM	B	0.44%	0.17%	0.17%
	SUPN	B	0.12%	0.05%	0.05%
	SVC	F	0.04%	0.09%	0.04%
	SWBI	C	0.04%	0.04%	0.04%
	SWX	A	0.34%	0.26%	0.26%
	SXC	A	0.07%	0.05%	0.05%
	SXI	B	0.04%	0.07%	0.04%
	SXT	C	0.01%	0.14%	0.01%
	SYNA	D	0.19%	0.08%	0.08%
	TALO	C	0.11%	0.08%	0.08%
	TBBK	B	0.01%	0.0%	0.0%
	TBI	F	0.02%	0.02%	0.02%
	TCBI	B	0.27%	0.15%	0.15%
	TCBK	B	0.1%	0.02%	0.02%
	TDOC	D	0.1%	0.06%	0.06%
	TEX	D	0.26%	0.18%	0.18%
	THR	B	0.06%	0.0%	0.0%
	THS	F	0.13%	0.13%	0.13%
	TILE	B	0.07%	0.07%	0.07%
	TITN	D	0.02%	0.01%	0.01%
	TMP	B	0.06%	0.02%	0.02%
	TNC	F	0.07%	0.06%	0.06%
	TOWN	B	0.17%	0.08%	0.08%
	TPC	C	0.08%	0.21%	0.08%
	TPIC	F	0.01%	0.01%	0.01%
	TRMK	B	0.16%	0.11%	0.11%
	TRN	A	0.02%	0.2%	0.02%
	TRNO	D	0.43%	0.05%	0.05%
	TROX	D	0.11%	0.12%	0.11%
	TRS	B	0.08%	0.06%	0.06%
	TRTX	B	0.04%	0.03%	0.03%
	TTEC	F	0.01%	0.0%	0.0%
	TTMI	B	0.17%	0.22%	0.17%
	TWI	F	0.02%	0.0%	0.0%
	UBSI	B	0.38%	0.19%	0.19%
	UCB	A	0.26%	0.1%	0.1%
	UE	A	0.21%	0.1%	0.1%
	UFCS	A	0.03%	0.02%	0.02%
	UIS	C	0.03%	0.05%	0.03%
	UMBF	B	0.37%	0.17%	0.17%
	UNF	B	0.21%	0.17%	0.17%
	UNIT	B	0.09%	0.2%	0.09%
	URBN	C	0.13%	0.18%	0.13%
	USNA	C	0.03%	0.03%	0.03%
	UTL	C	0.07%	0.02%	0.02%
	UVE	A	0.03%	0.03%	0.03%
	UVV	B	0.09%	0.15%	0.09%
	VAL	F	0.09%	0.03%	0.03%
	VBTX	B	0.11%	0.06%	0.06%
	VIAV	C	0.15%	0.11%	0.11%
	VIR	F	0.05%	0.03%	0.03%
	VLY	B	0.31%	0.2%	0.2%
	VRE	A	0.1%	0.05%	0.05%
	VREX	C	0.04%	0.01%	0.01%
	VRNT	D	0.1%	0.03%	0.03%
	VRTS	B	0.02%	0.05%	0.02%
	VSAT	F	0.09%	0.05%	0.05%
	VSCO	A	0.14%	0.29%	0.14%
	VSEC	B	0.1%	0.03%	0.03%
	VSH	F	0.16%	0.09%	0.09%
	VSTO	A	0.19%	0.14%	0.14%
	VTLE	C	0.06%	0.04%	0.04%
	VTOL	B	0.06%	0.01%	0.01%
	VYX	C	0.01%	0.16%	0.01%
	WABC	B	0.1%	0.02%	0.02%
	WAFD	B	0.17%	0.16%	0.16%
	WASH	B	0.04%	0.02%	0.02%
	WD	D	0.07%	0.15%	0.07%
	WGO	D	0.12%	0.17%	0.12%
	WMK	B	0.08%	0.18%	0.08%
	WNC	D	0.06%	0.08%	0.06%
	WOOF	D	0.03%	0.02%	0.02%
	WOR	F	0.01%	0.08%	0.01%
	WOW	C	0.02%	0.02%	0.02%
	WRLD	D	0.0%	0.03%	0.0%
	WSBC	B	0.14%	0.11%	0.11%
	WSFS	B	0.22%	0.1%	0.1%
	WTTR	A	0.07%	0.03%	0.03%
	XHR	B	0.11%	0.11%	0.11%
	XPRO	F	0.09%	0.02%	0.02%
	ZD	B	0.16%	0.16%	0.16%
	ZEUS	C	0.03%	0.02%	0.02%
	ZIMV	F	0.03%	0.03%	0.03%
	ZUMZ	C	0.03%	0.04%	0.03%
	ZWS	B	0.02%	0.07%	0.02%

VTWV Overweight 717 Positions Relative to FNDA

	Symbol	Grade	Weight
	JXN	C	0.58%
	TMHC	B	0.53%
	LUMN	C	0.49%
	MTH	D	0.49%
	CMC	B	0.47%
	CYTK	D	0.4%
	POR	C	0.37%
	GPI	B	0.37%
	KBH	D	0.35%
	MUR	F	0.35%
	ABG	B	0.35%
	SM	C	0.3%
	SANM	B	0.29%
	CNO	B	0.28%
	PRMW	C	0.28%
	RUSHA	B	0.26%
	ASGN	F	0.25%
	BTU	C	0.25%
	ABM	B	0.25%
	NPAB	F	0.24%
	UFPI	C	0.24%
	RVMD	B	0.22%
	REZI	A	0.22%
	GNW	A	0.22%
	TDS	B	0.22%
	PBF	D	0.22%
	BUR	C	0.21%
	BCC	C	0.21%
	TGNA	B	0.21%
	ARCH	B	0.2%
	MIR	A	0.2%
	VCYT	B	0.2%
	TPH	D	0.2%
	HUBG	A	0.2%
	ASO	F	0.2%
	BFH	B	0.19%
	AGIO	C	0.19%
	AUR	C	0.17%
	GT	C	0.17%
	RIOT	C	0.17%
	EQC	A	0.16%
	BANC	B	0.16%
	FL	F	0.15%
	WERN	B	0.15%
	SYBT	B	0.13%
	BEAM	C	0.13%
	KNTK	A	0.13%
	OI	D	0.13%
	AKRO	C	0.13%
	ADNT	F	0.13%
	LC	B	0.12%
	NEO	C	0.12%
	SKWD	A	0.1%
	TVTX	C	0.1%
	QCRH	B	0.1%
	GOGL	C	0.1%
	PCT	C	0.1%
	LTH	C	0.1%
	PLUG	F	0.1%
	NTLA	F	0.1%
	WKC	D	0.1%
	DNLI	C	0.1%
	NAVI	F	0.09%
	GABC	B	0.09%
	SPNT	A	0.09%
	UNFI	B	0.09%
	BBIO	F	0.09%
	WS	B	0.09%
	DAN	F	0.08%
	EFC	C	0.08%
	AMBA	B	0.08%
	ACT	D	0.08%
	TGI	A	0.08%
	FBMS	B	0.08%
	UMH	A	0.08%
	DGII	B	0.08%
	DCOM	A	0.08%
	ODP	F	0.08%
	WINA	B	0.08%
	MSGE	F	0.08%
	BHRB	B	0.07%
	CDNA	D	0.07%
	FMBH	B	0.07%
	GPOR	A	0.07%
	BLX	B	0.07%
	EXTR	C	0.07%
	BFC	B	0.07%
	DX	A	0.07%
	OBK	B	0.07%
	XRX	F	0.07%
	MSEX	B	0.07%
	NXRT	A	0.07%
	NTST	D	0.07%
	GERN	F	0.06%
	PTCT	C	0.06%
	FLR	B	0.06%
	IAS	D	0.06%
	DESP	A	0.06%
	FIGS	F	0.06%
	IRON	C	0.06%
	CTBI	B	0.06%
	UVSP	B	0.06%
	PLRX	D	0.06%
	BELFB	C	0.06%
	ASPN	F	0.06%
	PLYM	F	0.06%
	MARA	C	0.06%
	BY	B	0.06%
	WLY	B	0.06%
	PACB	D	0.05%
	AMAL	B	0.05%
	ETWO	F	0.05%
	WLDN	C	0.05%
	CTKB	C	0.05%
	CSTL	C	0.05%
	EQBK	B	0.05%
	CAC	B	0.05%
	TRST	B	0.05%
	BBUC	B	0.05%
	AIV	C	0.05%
	BFST	B	0.05%
	AMTB	C	0.05%
	INN	D	0.05%
	IBCP	B	0.05%
	ETNB	D	0.05%
	NOVA	F	0.05%
	NAT	F	0.05%
	CGON	F	0.05%
	AHH	D	0.05%
	MBIN	F	0.05%
	MBWM	B	0.05%
	WSR	A	0.05%
	XNCR	B	0.05%
	MLR	C	0.05%
	ORRF	B	0.05%
	MLI	B	0.05%
	HBNC	B	0.05%
	FG	B	0.05%
	ANNX	F	0.05%
	VMEO	C	0.05%
	SWI	B	0.05%
	FCBC	B	0.05%
	CFB	C	0.05%
	SPTN	F	0.05%
	RPAY	D	0.05%
	DK	D	0.05%
	REPL	C	0.05%
	OSBC	B	0.05%
	ERAS	C	0.04%
	VICR	C	0.04%
	BTBT	C	0.04%
	PHAT	F	0.04%
	CHCT	C	0.04%
	NFBK	B	0.04%
	AROW	B	0.04%
	FUBO	F	0.04%
	MPB	B	0.04%
	PL	A	0.04%
	HSTM	A	0.04%
	AIOT	A	0.04%
	BHB	B	0.04%
	CCBG	B	0.04%
	AURA	C	0.04%
	GSBC	B	0.04%
	HTBI	A	0.04%
	CLNE	F	0.04%
	NRIX	C	0.04%
	IIIV	B	0.04%
	THFF	B	0.04%
	ATRO	F	0.04%
	FSBC	B	0.04%
	EGY	F	0.04%
	FMNB	B	0.04%
	MCBS	B	0.04%
	LFST	C	0.04%
	WLFC	C	0.04%
	FPI	A	0.04%
	CCNE	B	0.04%
	SMBK	B	0.04%
	GOOD	A	0.04%
	FOR	F	0.04%
	PGC	A	0.04%
	ATRC	C	0.04%
	LASR	D	0.04%
	OFIX	B	0.04%
	GMRE	F	0.04%
	ADPT	C	0.04%
	RBCAA	B	0.04%
	RLAY	F	0.04%
	SMBC	B	0.04%
	MCB	B	0.04%
	PAYO	A	0.04%
	ASC	D	0.04%
	NAPA	A	0.04%
	AAOI	A	0.04%
	NBN	B	0.04%
	HTBK	B	0.04%
	TRC	F	0.03%
	OABI	D	0.03%
	IAUX	F	0.03%
	LGTY	B	0.03%
	TRUE	C	0.03%
	FARO	B	0.03%
	HBCP	B	0.03%
	APLT	C	0.03%
	ACRE	B	0.03%
	BOC	D	0.03%
	OLMA	F	0.03%
	HTZ	C	0.03%
	TCMD	B	0.03%
	NRIM	A	0.03%
	FMAO	B	0.03%
	WTBA	B	0.03%
	ACNB	B	0.03%
	LINC	C	0.03%
	GLUE	C	0.03%
	BMRC	A	0.03%
	PAHC	B	0.03%
	AVXL	C	0.03%
	BCAL	A	0.03%
	MQ	F	0.03%
	UTZ	D	0.03%
	VRDN	D	0.03%
	SD	F	0.03%
	FNKO	D	0.03%
	FISI	B	0.03%
	TCBX	A	0.03%
	BSRR	C	0.03%
	GLRE	B	0.03%
	RBB	B	0.03%
	NWPX	A	0.03%
	RMR	F	0.03%
	TERN	F	0.03%
	INDI	C	0.03%
	DDD	C	0.03%
	USAP	A	0.03%
	SHBI	B	0.03%
	FRPH	A	0.03%
	RGNX	D	0.03%
	TIPT	B	0.03%
	MLAB	F	0.03%
	BECN	B	0.03%
	LXFR	B	0.03%
	SPFI	B	0.03%
	NUVB	C	0.03%
	HIFS	B	0.03%
	EE	A	0.03%
	QTRX	D	0.03%
	VERV	D	0.03%
	HCAT	C	0.03%
	DAKT	B	0.03%
	BALY	A	0.03%
	MOFG	B	0.03%
	ANET	C	0.03%
	LMNR	C	0.03%
	OLP	A	0.03%
	TRDA	C	0.03%
	FFIC	B	0.03%
	CARE	B	0.03%
	CTO	B	0.03%
	LEU	C	0.03%
	ALRS	C	0.03%
	CLFD	F	0.03%
	MNKD	B	0.03%
	MDXG	A	0.03%
	LAND	F	0.03%
	KIDS	F	0.03%
	RUSHB	B	0.03%
	CLBK	C	0.03%
	STGW	B	0.03%
	ORIC	F	0.03%
	YORW	D	0.03%
	TWKS	B	0.03%
	MCS	B	0.03%
	HONE	B	0.03%
	CIO	F	0.02%
	TLS	D	0.02%
	NVRO	F	0.02%
	PANL	F	0.02%
	NRGV	C	0.02%
	PSTL	D	0.02%
	SRRK	B	0.02%
	BLFY	A	0.02%
	WEYS	C	0.02%
	RNGR	A	0.02%
	PCB	B	0.02%
	MBCN	C	0.02%
	GENC	C	0.02%
	TG	C	0.02%
	INGN	C	0.02%
	LCNB	A	0.02%
	CHPT	F	0.02%
	BLDE	C	0.02%
	IDT	B	0.02%
	TSVT	F	0.02%
	UTMD	F	0.02%
	LUNR	B	0.02%
	FVCB	C	0.02%
	NKTR	F	0.02%
	ALT	C	0.02%
	RM	D	0.02%
	TSBK	B	0.02%
	NWFL	C	0.02%
	RMAX	D	0.02%
	PINE	D	0.02%
	REI	F	0.02%
	GDYN	C	0.02%
	APEI	B	0.02%
	PCYO	A	0.02%
	PKBK	B	0.02%
	INZY	F	0.02%
	DH	F	0.02%
	MVBF	C	0.02%
	LE	D	0.02%
	AMRX	C	0.02%
	LMND	A	0.02%
	ITOS	F	0.02%
	FRST	B	0.02%
	PLBC	A	0.02%
	CRSR	D	0.02%
	SRCL	B	0.02%
	ENTA	F	0.02%
	HBB	F	0.02%
	CBNK	B	0.02%
	DGICA	A	0.02%
	MLNK	C	0.02%
	ASUR	D	0.02%
	CYH	F	0.02%
	INST	B	0.02%
	RLGT	B	0.02%
	FATE	F	0.02%
	MEC	F	0.02%
	ALDX	C	0.02%
	AVNW	F	0.02%
	HRTG	C	0.02%
	OUST	C	0.02%
	EDIT	F	0.02%
	WSBF	B	0.02%
	PKOH	B	0.02%
	APLD	A	0.02%
	CZFS	A	0.02%
	RRBI	B	0.02%
	GOGO	C	0.02%
	VLGEA	C	0.02%
	FDBC	B	0.02%
	OLPX	D	0.02%
	VECO	F	0.02%
	KRO	F	0.02%
	SB	D	0.02%
	CBAN	B	0.02%
	HNRG	B	0.02%
	IMMR	F	0.02%
	AORT	B	0.02%
	ANGO	C	0.02%
	REFI	A	0.02%
	OOMA	A	0.02%
	ODC	C	0.02%
	JAKK	C	0.02%
	SSBK	B	0.02%
	PACK	C	0.02%
	REPX	A	0.02%
	AMPS	C	0.02%
	AUPH	C	0.02%
	GNTY	A	0.02%
	SAVE	F	0.02%
	BCML	B	0.02%
	VNDA	C	0.02%
	AMPY	D	0.02%
	STRO	D	0.02%
	JMSB	B	0.02%
	SWIM	D	0.02%
	FLIC	B	0.02%
	OLO	B	0.02%
	OBT	B	0.02%
	CWCO	C	0.02%
	FLXS	B	0.02%
	SLQT	B	0.02%
	THRD	C	0.02%
	HBT	B	0.02%
	IPI	B	0.02%
	ITIC	A	0.02%
	LEGH	D	0.02%
	UNTY	B	0.02%
	COFS	A	0.02%
	PLPC	B	0.02%
	CZNC	B	0.02%
	FNLC	B	0.02%
	FA	D	0.02%
	ESPR	B	0.02%
	SPOK	B	0.02%
	KODK	B	0.02%
	VPG	F	0.02%
	OSUR	F	0.02%
	FSBW	B	0.02%
	BWB	B	0.02%
	SNCY	C	0.02%
	SFST	B	0.02%
	DCGO	B	0.02%
	MCFT	C	0.02%
	HDSN	F	0.02%
	FRBA	C	0.02%
	CIFR	C	0.02%
	TBPH	B	0.02%
	AQST	D	0.02%
	MTRX	B	0.02%
	MLYS	D	0.02%
	FLNG	C	0.02%
	PRTA	F	0.02%
	NEWT	B	0.02%
	FFWM	C	0.02%
	ACMR	F	0.02%
	LILA	F	0.02%
	APPS	F	0.02%
	NVAX	F	0.02%
	ANIP	D	0.02%
	DVAX	C	0.02%
	CIVB	B	0.02%
	CLDX	F	0.02%
	LOCO	D	0.02%
	GRNT	B	0.02%
	CCCC	F	0.02%
	AKBA	C	0.02%
	VYGR	F	0.02%
	FBIZ	A	0.02%
	EYPT	D	0.02%
	EBTC	B	0.02%
	NECB	B	0.02%
	RBBN	B	0.02%
	PFIS	B	0.02%
	ADV	C	0.02%
	BVS	C	0.02%
	ALLO	F	0.02%
	SAGE	F	0.02%
	PX	A	0.01%
	NL	C	0.01%
	MASS	F	0.01%
	QSI	F	0.01%
	OBIO	D	0.01%
	RGLS	F	0.01%
	AOMR	F	0.01%
	QUAD	B	0.01%
	CTOS	B	0.01%
	HBIO	F	0.01%
	MGTX	C	0.01%
	LCUT	F	0.01%
	AVAH	B	0.01%
	COGT	D	0.01%
	ULBI	F	0.01%
	CRDF	D	0.01%
	TNYA	C	0.01%
	FHTX	C	0.01%
	INNV	F	0.01%
	PBYI	D	0.01%
	CAPR	C	0.01%
	DAWN	D	0.01%
	FENC	F	0.01%
	RMNI	C	0.01%
	RMBL	B	0.01%
	ABSI	F	0.01%
	DIBS	F	0.01%
	SVRA	F	0.01%
	BKSY	B	0.01%
	WALD	F	0.01%
	CSTE	F	0.01%
	VHI	D	0.01%
	CPSS	C	0.01%
	CASS	B	0.01%
	REAL	B	0.01%
	CEVA	B	0.01%
	UHT	D	0.01%
	SMMT	D	0.01%
	BLUE	F	0.01%
	PFMT	F	0.01%
	XOMA	C	0.01%
	SIGA	F	0.01%
	CGEM	F	0.01%
	ADCT	F	0.01%
	PGEN	F	0.01%
	BLFS	C	0.01%
	RCKY	F	0.01%
	MCW	C	0.01%
	LIND	B	0.01%
	POWW	D	0.01%
	MVIS	F	0.01%
	AMTX	B	0.01%
	MRSN	C	0.01%
	ACRV	D	0.01%
	QIPT	F	0.01%
	SBT	D	0.01%
	CVGI	F	0.01%
	TUSK	F	0.01%
	BLNK	F	0.01%
	WULF	C	0.01%
	COOK	D	0.01%
	SIBN	F	0.01%
	URGN	F	0.01%
	MYFW	B	0.01%
	III	C	0.01%
	USCB	B	0.01%
	FREY	B	0.01%
	HEAR	C	0.01%
	GRWG	F	0.01%
	GNE	F	0.01%
	CMT	F	0.01%
	GBIO	F	0.01%
	FULC	F	0.01%
	PNRG	A	0.01%
	EPM	A	0.01%
	SPCE	D	0.01%
	PEBK	B	0.01%
	PSTX	D	0.01%
	TPB	A	0.01%
	MYPS	C	0.01%
	PAR	A	0.01%
	CABA	F	0.01%
	GRPN	F	0.01%
	NREF	A	0.01%
	ABOS	D	0.01%
	EVC	C	0.01%
	NODK	A	0.01%
	TTSH	D	0.01%
	GSAT	C	0.01%
	BH	A	0.01%
	STRS	C	0.01%
	RDW	A	0.01%
	KOD	B	0.01%
	NATR	B	0.01%
	NC	C	0.01%
	PBFS	A	0.01%
	TWIN	F	0.01%
	CLAR	D	0.01%
	VTYX	F	0.01%
	ACDC	C	0.01%
	CTGO	D	0.01%
	BBCP	F	0.01%
	VRA	D	0.01%
	INO	F	0.01%
	MHLD	D	0.01%
	ESCA	C	0.01%
	HFFG	C	0.01%
	FRGE	F	0.01%
	LXRX	F	0.01%
	PKE	C	0.01%
	GEOS	C	0.01%
	LYTS	A	0.01%
	BELFA	D	0.01%
	FDMT	F	0.01%
	DXLG	D	0.01%
	PTLO	F	0.01%
	ATOS	F	0.01%
	NNBR	C	0.01%
	BOOM	F	0.01%
	OMER	B	0.01%
	XBIT	F	0.01%
	ATLO	D	0.01%
	JOUT	F	0.01%
	VIRC	C	0.01%
	RSVR	B	0.01%
	LYEL	F	0.01%
	ESSA	B	0.01%
	FF	F	0.01%
	ZNTL	D	0.01%
	ACCD	F	0.01%
	FFNW	D	0.01%
	ORN	B	0.01%
	CRBU	D	0.01%
	WVE	C	0.01%
	BSVN	A	0.01%
	CHMG	B	0.01%
	IBEX	A	0.01%
	SEVN	C	0.01%
	RXT	C	0.01%
	NKTX	F	0.01%
	EML	F	0.01%
	LSEA	F	0.01%
	SGC	C	0.01%
	DSGN	C	0.01%
	NKSH	C	0.01%
	PVBC	C	0.01%
	FET	D	0.01%
	STHO	F	0.01%
	AFCG	D	0.01%
	ACIC	B	0.01%
	OB	B	0.01%
	SMHI	F	0.01%
	BE	A	0.01%
	ONTF	C	0.01%
	NGS	A	0.01%
	SAMG	A	0.01%
	FLL	F	0.01%
	TFIN	B	0.01%
	HOFT	C	0.01%
	ACTG	F	0.01%
	FCEL	B	0.01%
	RICK	C	0.01%
	FSTR	B	0.01%
	INBK	B	0.01%
	ALCO	D	0.01%
	RGCO	C	0.01%
	RELL	B	0.01%
	FSP	C	0.01%
	MG	D	0.01%
	MGNI	A	0.01%
	MBI	B	0.01%
	PYXS	C	0.01%
	VEL	A	0.01%
	ASLE	C	0.01%
	PLL	C	0.01%
	FORR	D	0.01%
	NXDT	F	0.01%
	ORGO	B	0.01%
	MITT	D	0.01%
	HNST	A	0.01%
	MFIN	B	0.01%
	BWFG	A	0.01%
	BCBP	B	0.01%
	CTV	F	0.01%
	BRT	A	0.01%
	ULH	B	0.01%
	OVLY	B	0.01%
	SLDP	F	0.01%
	LOB	C	0.01%
	VABK	B	0.01%
	ANIK	F	0.01%
	HRTX	F	0.01%
	SRDX	B	0.01%
	HPK	C	0.01%
	BHR	C	0.01%
	RGTI	C	0.01%
	NGVC	A	0.01%
	FSLY	F	0.01%
	BARK	C	0.01%
	EU	D	0.01%
	CDXS	B	0.01%
	ISTR	B	0.01%
	DJCO	B	0.01%
	LOVE	A	0.01%
	ATLC	A	0.01%
	VALU	C	0.0%
	BTMD	B	0.0%
	LYRA	F	0.0%
	REKR	F	0.0%
	RENB	F	0.0%
	ARAY	D	0.0%
	JILL	D	0.0%
	PEPG	F	0.0%
	SSTI	D	0.0%
	ELEV	D	0.0%
	CLPR	D	0.0%
	NNOX	D	0.0%
	STXS	C	0.0%
	HQI	B	0.0%
	MLP	C	0.0%
	PRLD	F	0.0%
	STTK	F	0.0%
	BRCC	F	0.0%
	CIX	C	0.0%
	CELC	F	0.0%
	IGMS	F	0.0%
	EWCZ	D	0.0%
	MRAM	D	0.0%
	GALT	C	0.0%
	EVI	D	0.0%
	ARL	F	0.0%
	CTLP	B	0.0%
	DMRC	B	0.0%
	VERU	F	0.0%
	NATH	B	0.0%
	EB	C	0.0%
	ATEX	F	0.0%
	MGNX	D	0.0%
	BDTX	F	0.0%
	ABUS	D	0.0%
	LAZR	D	0.0%
	TREE	F	0.0%
	CDMO	A	0.0%
	TCI	C	0.0%
	ACHR	B	0.0%
	CCB	A	0.0%
	BBAI	C	0.0%
	TDUP	C	0.0%
	QBTS	C	0.0%
	DSGR	C	0.0%
	ARCT	F	0.0%
	DLHC	F	0.0%
	MPX	C	0.0%
	BFS	C	0.0%
	HLVX	F	0.0%
	BAND	D	0.0%
	CRMD	C	0.0%
	CYRX	F	0.0%
	IPSC	F	0.0%
	GOEV	F	0.0%
	ELVN	C	0.0%
	GOCO	C	0.0%
	SWKH	F	0.0%
	LFMD	C	0.0%
	PRPL	F	0.0%
	CMPO	B	0.0%
	OSPN	B	0.0%
	CRCT	F	0.0%
	DC	F	0.0%
	HCKT	B	0.0%
	EEX	C	0.0%
	SES	F	0.0%
	HOWL	F	0.0%
	TLYS	F	0.0%
	STEM	F	0.0%
	CHRS	F	0.0%
	GCMG	A	0.0%
	ESQ	B	0.0%
	LAW	F	0.0%
	ARHS	F	0.0%
	RAPT	F	0.0%
	ACHV	F	0.0%
	EVCM	B	0.0%
	TRVI	C	0.0%

VTWV Underweight 439 Positions Relative to FNDA

	Symbol	Grade	Weight
	RCL	A	-0.45%
	UAL	A	-0.42%
	FICO	B	-0.36%
	COIN	A	-0.34%
	ANF	C	-0.34%
	UTHR	C	-0.32%
	SF	B	-0.31%
	GME	C	-0.31%
	APP	A	-0.3%
	XPO	B	-0.3%
	FLS	A	-0.29%
	AIT	B	-0.28%
	HRI	C	-0.28%
	WAL	B	-0.28%
	KMPR	A	-0.28%
	TXRH	B	-0.28%
	WBS	A	-0.26%
	OHI	B	-0.26%
	CLH	C	-0.26%
	BWXT	A	-0.26%
	UAA	C	-0.25%
	WWD	B	-0.25%
	FIX	A	-0.25%
	CRS	A	-0.25%
	LITE	B	-0.25%
	Z	A	-0.25%
	VMI	B	-0.25%
	PNFP	B	-0.24%
	VRT	A	-0.24%
	DY	C	-0.24%
	SAIA	C	-0.24%
	HEI	A	-0.24%
	FRT	B	-0.23%
	INCY	C	-0.23%
	CFR	B	-0.23%
	VLTO	C	-0.23%
	WTFC	B	-0.23%
	SPB	C	-0.23%
	AWI	B	-0.23%
	PB	A	-0.23%
	LOPE	B	-0.23%
	FNB	B	-0.23%
	DTM	A	-0.23%
	WH	B	-0.23%
	ESI	B	-0.22%
	KRC	C	-0.22%
	SPOT	B	-0.22%
	CBT	C	-0.22%
	CR	A	-0.22%
	VIRT	A	-0.22%
	MOG.A	B	-0.22%
	ZM	B	-0.22%
	HIW	D	-0.21%
	CRUS	F	-0.21%
	FDS	B	-0.21%
	PINC	B	-0.21%
	ELAN	D	-0.21%
	RXO	C	-0.21%
	CBSH	A	-0.21%
	IDA	A	-0.21%
	BYD	B	-0.21%
	TTEK	F	-0.2%
	KEX	B	-0.2%
	FHB	B	-0.2%
	EXEL	B	-0.2%
	SCCO	F	-0.2%
	OZK	B	-0.2%
	MC	B	-0.2%
	ELS	B	-0.2%
	ARCB	C	-0.19%
	TWLO	A	-0.19%
	LCII	D	-0.19%
	BIO	C	-0.19%
	FCN	F	-0.19%
	DASH	A	-0.19%
	NVST	C	-0.19%
	ADTN	A	-0.19%
	CUZ	B	-0.19%
	AGNC	C	-0.19%
	SMG	C	-0.19%
	COLB	B	-0.19%
	MAT	D	-0.19%
	KNF	B	-0.19%
	HLI	B	-0.19%
	WYNN	D	-0.18%
	NYT	D	-0.18%
	CUBE	C	-0.18%
	AMH	C	-0.18%
	PATK	D	-0.18%
	RPRX	F	-0.18%
	TPL	A	-0.18%
	COLM	B	-0.18%
	ACIW	B	-0.18%
	VNT	C	-0.17%
	HXL	F	-0.17%
	SSD	D	-0.17%
	VVV	D	-0.17%
	NOW	B	-0.17%
	WTM	A	-0.17%
	MTDR	C	-0.17%
	AMKR	F	-0.17%
	VSTS	F	-0.17%
	SPR	D	-0.17%
	ESAB	C	-0.17%
	CSGP	F	-0.17%
	ASH	F	-0.17%
	SN	D	-0.17%
	EEFT	C	-0.17%
	LFUS	D	-0.17%
	SHOO	D	-0.17%
	PIPR	B	-0.17%
	RH	D	-0.16%
	EBS	C	-0.16%
	PLTR	A	-0.16%
	COLD	F	-0.16%
	VEEV	C	-0.16%
	OLLI	D	-0.16%
	APO	A	-0.16%
	GTES	A	-0.16%
	MASI	B	-0.16%
	LNW	F	-0.16%
	AGO	A	-0.16%
	ENTG	F	-0.16%
	CHDN	C	-0.15%
	AGR	A	-0.15%
	GMED	A	-0.15%
	ROL	B	-0.15%
	TNL	B	-0.15%
	ARES	A	-0.15%
	NOMD	D	-0.15%
	MOD	A	-0.15%
	APAM	B	-0.15%
	MTCH	F	-0.15%
	KTB	A	-0.15%
	NNN	C	-0.15%
	SITE	D	-0.15%
	RYN	D	-0.14%
	RRC	B	-0.14%
	EXLS	B	-0.14%
	ENSG	D	-0.14%
	SNDR	B	-0.14%
	JAZZ	C	-0.14%
	TDC	D	-0.14%
	WTS	B	-0.14%
	APG	C	-0.14%
	TYL	B	-0.14%
	H	B	-0.14%
	MKTX	D	-0.14%
	SLGN	A	-0.14%
	SLAB	F	-0.14%
	AROC	A	-0.14%
	TPG	A	-0.14%
	CACC	F	-0.14%
	PPC	B	-0.14%
	YELP	C	-0.14%
	NEU	D	-0.14%
	CROX	F	-0.14%
	BCO	F	-0.14%
	CVCO	A	-0.14%
	CGNX	D	-0.14%
	ABNB	D	-0.13%
	WMS	F	-0.13%
	DNB	B	-0.13%
	RNR	C	-0.13%
	WEX	F	-0.13%
	DORM	B	-0.13%
	FND	F	-0.13%
	HRB	D	-0.13%
	ATKR	D	-0.13%
	RGLD	C	-0.13%
	SMTC	C	-0.13%
	DLB	F	-0.13%
	RLI	A	-0.13%
	UPBD	C	-0.13%
	EPR	D	-0.13%
	PLNT	A	-0.13%
	IDCC	B	-0.13%
	FTI	A	-0.13%
	COKE	C	-0.13%
	DBX	C	-0.13%
	AMR	C	-0.13%
	WEN	C	-0.13%
	FSLR	F	-0.12%
	CNM	C	-0.12%
	ETSY	D	-0.12%
	CHX	C	-0.12%
	COMP	B	-0.12%
	IAC	D	-0.12%
	CHRD	F	-0.12%
	AXS	A	-0.12%
	HGV	C	-0.12%
	WTRG	B	-0.12%
	PTC	B	-0.12%
	VRSN	F	-0.12%
	IPGP	D	-0.12%
	AMED	F	-0.12%
	MSM	D	-0.12%
	TREX	D	-0.12%
	JWN	C	-0.12%
	LRN	A	-0.12%
	MWA	B	-0.12%
	FELE	B	-0.12%
	WWW	A	-0.12%
	WDAY	C	-0.12%
	FR	C	-0.11%
	TECH	F	-0.11%
	ENOV	C	-0.11%
	PSN	C	-0.11%
	STAG	D	-0.11%
	CPNG	D	-0.11%
	STRL	A	-0.11%
	FN	B	-0.11%
	MPWR	F	-0.11%
	AEIS	B	-0.11%
	CIVI	D	-0.11%
	MORN	B	-0.11%
	BOKF	B	-0.11%
	CRL	D	-0.11%
	DDS	B	-0.11%
	MANH	D	-0.11%
	FSS	B	-0.11%
	BFAM	F	-0.11%
	MMS	D	-0.11%
	BLD	F	-0.11%
	CHE	F	-0.11%
	FHI	B	-0.11%
	TNET	F	-0.11%
	MYRG	C	-0.11%
	IBKR	A	-0.11%
	NGVT	C	-0.11%
	AM	A	-0.1%
	BOOT	D	-0.1%
	SIRI	D	-0.1%
	GFF	B	-0.1%
	WSC	F	-0.1%
	ENR	B	-0.1%
	ACHC	F	-0.1%
	FIVE	F	-0.1%
	CORT	C	-0.1%
	HAE	C	-0.1%
	LANC	D	-0.1%
	BKE	B	-0.1%
	PAYC	B	-0.1%
	SAM	C	-0.1%
	CHH	A	-0.09%
	LBRDK	C	-0.09%
	CSGS	B	-0.09%
	AAON	B	-0.09%
	FTDR	B	-0.09%
	PINS	F	-0.09%
	RNG	C	-0.09%
	CWEN	C	-0.09%
	RAMP	C	-0.09%
	RBC	A	-0.09%
	ICFI	F	-0.09%
	FFIN	B	-0.09%
	MMSI	A	-0.09%
	MGRC	B	-0.09%
	DXCM	C	-0.09%
	RHP	B	-0.09%
	TW	A	-0.09%
	IBP	F	-0.09%
	JACK	D	-0.09%
	VC	F	-0.09%
	BCPC	B	-0.09%
	ROKU	D	-0.09%
	BRKR	F	-0.09%
	MSA	D	-0.09%
	CNS	B	-0.08%
	YETI	D	-0.08%
	UCTT	F	-0.08%
	CARG	B	-0.08%
	GOLF	B	-0.08%
	KFRC	D	-0.08%
	ATI	C	-0.08%
	IRDM	F	-0.08%
	CSWI	A	-0.08%
	OII	B	-0.08%
	TTD	B	-0.08%
	KLG	D	-0.08%
	CCOI	B	-0.08%
	EGP	D	-0.08%
	KOS	D	-0.08%
	BMRN	F	-0.08%
	GO	C	-0.08%
	CBZ	B	-0.08%
	POWI	D	-0.08%
	KAI	B	-0.08%
	AZEK	B	-0.08%
	PJT	B	-0.07%
	CNA	C	-0.07%
	HHH	B	-0.07%
	BMI	C	-0.07%
	QLYS	C	-0.07%
	SMCI	F	-0.07%
	ONTO	F	-0.07%
	EXPO	D	-0.07%
	BSIG	A	-0.07%
	BRC	C	-0.07%
	HQY	A	-0.07%
	GWRE	A	-0.07%
	OLED	F	-0.07%
	PR	B	-0.07%
	ADC	A	-0.07%
	REXR	F	-0.07%
	JJSF	C	-0.07%
	LYFT	C	-0.07%
	NSP	F	-0.07%
	THRM	F	-0.07%
	AMN	F	-0.07%
	CAKE	B	-0.07%
	HWKN	B	-0.07%
	ALG	C	-0.07%
	CXT	C	-0.07%
	ROAD	A	-0.07%
	COTY	F	-0.06%
	SMPL	B	-0.06%
	EPAC	B	-0.06%
	AGX	B	-0.06%
	ENV	B	-0.06%
	CWST	A	-0.06%
	PRGS	B	-0.06%
	GTLS	A	-0.06%
	GES	F	-0.06%
	TOST	A	-0.06%
	WHD	B	-0.06%
	BLKB	B	-0.06%
	SEB	F	-0.06%
	GFS	C	-0.06%
	REYN	D	-0.06%
	MEDP	D	-0.06%
	BSY	D	-0.06%
	WDFC	B	-0.06%
	FORM	F	-0.06%
	OEC	C	-0.06%
	TRIP	F	-0.06%
	HURN	B	-0.06%
	KWR	D	-0.06%
	CWH	C	-0.06%
	PLAY	D	-0.06%
	HALO	F	-0.06%
	ERIE	F	-0.06%
	NBIX	C	-0.06%
	NSA	C	-0.06%
	EXPI	C	-0.06%
	AAL	B	-0.05%
	AY	A	-0.05%
	HAYW	B	-0.05%
	KLIC	C	-0.05%
	VRRM	F	-0.05%
	NOVT	D	-0.05%
	ALK	A	-0.05%
	PODD	B	-0.05%
	BRBR	A	-0.05%
	CHEF	B	-0.05%
	PSTG	F	-0.05%
	MELI	D	-0.05%
	CNMD	C	-0.05%
	ALRM	C	-0.04%
	IPAR	C	-0.04%
	ENPH	F	-0.04%
	RDNT	B	-0.04%
	GLOB	C	-0.04%
	WFRD	F	-0.04%
	CSTM	F	-0.04%
	EXAS	D	-0.04%
	RGEN	F	-0.04%
	AGRO	C	-0.04%
	PEN	B	-0.04%
	ZI	D	-0.04%
	SNAP	D	-0.04%
	WING	D	-0.04%
	VCTR	B	-0.04%
	LSCC	D	-0.04%
	W	D	-0.04%
	JBSS	F	-0.04%
	AZTA	F	-0.04%
	CNXC	F	-0.04%
	ASTH	F	-0.03%
	KNSL	B	-0.03%
	DAC	B	-0.03%
	XP	F	-0.03%
	CRAI	B	-0.03%
	THRY	F	-0.03%
	EVTC	B	-0.03%
	TKO	A	-0.03%
	PEGA	B	-0.03%
	SBLK	F	-0.03%
	RMBS	C	-0.03%
	DT	C	-0.03%
	PRVA	C	-0.03%
	MP	C	-0.03%
	RKT	F	-0.03%
	LEVI	F	-0.03%
	TSE	F	-0.03%
	USM	B	-0.03%
	SPSC	F	-0.03%
	STEP	B	-0.03%
	ACLS	F	-0.03%
	SNOW	C	-0.03%
	LYV	A	-0.03%
	PLCE	C	-0.02%
	FIZZ	C	-0.02%
	CLOV	D	-0.02%
	CLVT	D	-0.02%
	ALTO	F	-0.02%
	DAY	B	-0.02%
	ARCO	F	-0.02%
	TEN	F	-0.02%
	EDR	A	-0.02%
	ALKS	C	-0.02%
	CLB	C	-0.02%
	MERC	F	-0.02%
	WMG	C	-0.02%
	OKTA	D	-0.02%
	RILY	F	-0.01%
	HLNE	A	-0.01%
	GSL	F	-0.01%
	NU	C	-0.01%
	PETS	C	-0.01%
	OPI	F	-0.01%
	MYE	F	-0.01%
	SSYS	C	-0.01%
	AGL	F	-0.01%
	WOLF	F	-0.01%
	USPH	C	-0.01%
	EVH	F	-0.0%
	MGPI	F	-0.0%
	ALGM	F	-0.0%
	GIC	F	-0.0%
	SEG	B	-0.0%
	WTI	F	-0.0%
	GSM	C	-0.0%
	AMPH	F	-0.0%
	SPWH	F	-0.0%
	DNUT	F	-0.0%
	CMTL	F	-0.0%
	SEDG	F	-0.0%
	CRVL	A	-0.0%

VTWV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Software - Application Oil & Gas E&P Medical Devices Savings & Cooperative Banks Specialty Retail Diversified Industrials Electronic Components Insurance - Property & Casualty Business Services Oil & Gas Equipment & Services REIT - Office Banks - Regional Conglomerates Credit Services REIT - Retail Shipping & Ports Specialty Chemicals

Keywords: Bank Banking Deposit Products Medicine Real Estate Investment Trust Biopharmaceutical Biotechnology Real Estate Loans Cancer Commercial Banking Mortgage Loan Loan Commercial Bank Natural Gas Demand Deposit Trust Services Insurance Loan Products Mining Individual Retirement Account

FNDA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Software - Application Diversified Industrials REIT - Diversified Business Services Specialty Chemicals Asset Management Oil & Gas E&P Packaged Foods Biotechnology Oil & Gas Equipment & Services Specialty Retail Engineering & Construction Insurance - Property & Casualty REIT - Retail Semiconductors Building Materials Capital Markets REIT - Office Restaurants

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Chemical Computing Construction Insurance Mining Real Estate Loans Commercial Banking Electronics Natural Gas Aerospace Telecommunications Medicine S&P 500 Semiconductor Transport Clothing