VTWV vs. TXS ETF Comparison

Comparison of Vanguard Russell 2000 Value ETF (VTWV) to Texas Capital Texas Equity Index ETF (TXS)

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 2000Â® 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

$156.12

Average Daily Volume

31,250

Number of Holdings ^*

1276

* may have additional holdings in another (foreign) market

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.68

Average Daily Volume

2,647

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	VTWV	TXS
30 Days	5.65%	10.30%
60 Days	4.96%	10.71%
90 Days	5.39%	12.99%
12 Months	30.18%	41.97%

76 Overlapping Holdings

Symbol	Grade	Weight in VTWV	Weight in TXS	Overlap
AAOI	B	0.04%	0.09%	0.04%
ACA	A	0.35%	0.07%	0.07%
ADUS	D	0.1%	0.62%	0.1%
ANET	C	0.03%	0.07%	0.03%
APLD	B	0.02%	0.05%	0.02%
APPS	F	0.02%	0.02%	0.02%
ASO	F	0.2%	0.95%	0.2%
AZZ	A	0.03%	0.05%	0.03%
BMBL	C	0.05%	0.06%	0.05%
BRY	F	0.02%	0.04%	0.02%
CMC	B	0.47%	0.05%	0.05%
CNK	C	0.05%	0.05%	0.05%
COOP	B	0.27%	0.2%	0.2%
CRGY	B	0.1%	0.06%	0.06%
CRK	B	0.08%	0.06%	0.06%
CSTL	D	0.05%	0.04%	0.04%
CSV	B	0.01%	0.07%	0.01%
CVI	F	0.0%	0.04%	0.0%
DIOD	D	0.18%	0.04%	0.04%
DNOW	B	0.09%	0.08%	0.08%
DXPE	C	0.04%	0.06%	0.04%
EAT	A	0.03%	0.91%	0.03%
EE	A	0.03%	0.07%	0.03%
EGY	D	0.04%	0.04%	0.04%
ETWO	F	0.05%	0.03%	0.03%
FFWM	C	0.02%	0.06%	0.02%
FLR	B	0.06%	0.48%	0.06%
FOR	F	0.04%	0.04%	0.04%
GDOT	D	0.05%	0.05%	0.05%
GLDD	B	0.06%	0.06%	0.06%
GPI	B	0.37%	1.58%	0.37%
GRBK	D	0.12%	0.12%	0.12%
GRNT	B	0.02%	0.05%	0.02%
HLX	B	0.08%	0.05%	0.05%
HTH	C	0.11%	0.05%	0.05%
IBOC	B	0.25%	0.12%	0.12%
IBTX	B	0.16%	0.07%	0.07%
INN	D	0.05%	0.05%	0.05%
ITGR	B	0.09%	0.05%	0.05%
KNTK	A	0.13%	0.09%	0.09%
LGIH	F	0.15%	0.09%	0.09%
LUNR	B	0.02%	0.1%	0.02%
LXRX	F	0.01%	0.03%	0.01%
MGY	A	0.03%	0.07%	0.03%
MRC	B	0.08%	0.06%	0.06%
MUR	D	0.35%	0.07%	0.07%
NOVA	F	0.05%	0.01%	0.01%
NR	B	0.04%	0.04%	0.04%
NTST	C	0.07%	0.08%	0.07%
NX	C	0.1%	0.05%	0.05%
NXRT	B	0.07%	0.07%	0.07%
OIS	B	0.02%	0.06%	0.02%
OMCL	C	0.17%	0.11%	0.11%
PARR	F	0.07%	0.04%	0.04%
PRIM	A	0.02%	0.16%	0.02%
PTEN	C	0.23%	0.05%	0.05%
PUMP	C	0.05%	0.05%	0.05%
PX	A	0.01%	0.06%	0.01%
RICK	B	0.01%	0.07%	0.01%
RUSHA	C	0.26%	1.23%	0.26%
SABR	C	0.07%	0.06%	0.06%
SBH	C	0.1%	0.4%	0.1%
SBSI	C	0.07%	0.05%	0.05%
SKWD	A	0.1%	0.06%	0.06%
STC	B	0.14%	0.07%	0.07%
SVRA	F	0.01%	0.03%	0.01%
SWI	C	0.05%	0.05%	0.05%
TALO	C	0.11%	0.05%	0.05%
TFIN	B	0.01%	0.07%	0.01%
THR	B	0.06%	0.05%	0.05%
TRN	B	0.02%	0.05%	0.02%
VBTX	B	0.11%	0.05%	0.05%
VTOL	B	0.06%	0.05%	0.05%
WSR	A	0.05%	0.05%	0.05%
WTTR	A	0.07%	0.06%	0.06%
XPRO	D	0.09%	0.06%	0.06%

VTWV Overweight 1200 Positions Relative to TXS

Symbol	Grade	Weight
JXN	C	0.58%
SSB	B	0.56%
TMHC	C	0.53%
LUMN	C	0.49%
MTH	D	0.49%
ESNT	F	0.48%
ONB	C	0.46%
CADE	B	0.46%
GBCI	B	0.45%
SUM	B	0.44%
TRNO	F	0.43%
EPRT	B	0.42%
KRG	B	0.42%
MATX	C	0.4%
CYTK	F	0.4%
RDN	D	0.4%
HOMB	A	0.39%
SLG	B	0.38%
UBSI	B	0.38%
CNX	A	0.38%
POR	C	0.37%
GATX	A	0.37%
UMBF	B	0.37%
KBH	D	0.35%
ABG	C	0.35%
IRT	A	0.34%
SWX	B	0.34%
CTRE	C	0.34%
SBRA	C	0.34%
NJR	A	0.34%
HWC	B	0.34%
AVNT	B	0.32%
ORA	B	0.32%
OGS	A	0.31%
MHO	D	0.31%
MAC	B	0.31%
BKH	A	0.31%
ABCB	B	0.31%
VLY	B	0.31%
ESGR	B	0.31%
HASI	D	0.3%
PECO	A	0.3%
SM	B	0.3%
SIG	B	0.3%
PNM	B	0.3%
SANM	B	0.29%
SKYW	C	0.29%
HL	D	0.29%
CDP	C	0.28%
CNO	B	0.28%
SR	A	0.28%
PRMW	C	0.28%
IIPR	D	0.28%
PBH	A	0.28%
ICUI	D	0.28%
KFY	B	0.28%
ALE	A	0.28%
ASB	B	0.27%
TCBI	C	0.27%
CRC	A	0.27%
GLNG	C	0.27%
NOG	B	0.26%
APLE	B	0.26%
AUB	B	0.26%
CALM	A	0.26%
UCB	A	0.26%
BGC	C	0.26%
TEX	F	0.26%
ASGN	F	0.25%
HP	C	0.25%
CEIX	A	0.25%
HCC	B	0.25%
FULT	A	0.25%
JBT	B	0.25%
NWE	B	0.25%
AX	B	0.25%
PCH	F	0.25%
BNL	D	0.25%
BTU	B	0.25%
ABM	B	0.25%
CWK	C	0.24%
NEOG	F	0.24%
BXMT	C	0.24%
EBC	B	0.24%
RUN	F	0.24%
RIG	D	0.24%
NPAB	F	0.24%
CATY	B	0.24%
CBU	B	0.24%
NHI	D	0.24%
UFPI	C	0.24%
SFBS	C	0.23%
SATS	D	0.23%
RVMD	C	0.22%
FBP	C	0.22%
DEI	B	0.22%
REZI	A	0.22%
FUL	F	0.22%
SFNC	C	0.22%
GNW	A	0.22%
WSFS	B	0.22%
AVA	A	0.22%
ALIT	C	0.22%
TDS	B	0.22%
PBF	D	0.22%
BUR	C	0.21%
UNF	B	0.21%
ABR	C	0.21%
UE	B	0.21%
STNG	F	0.21%
NPO	A	0.21%
LXP	D	0.21%
BCC	B	0.21%
PLXS	B	0.21%
GHC	B	0.21%
TGNA	B	0.21%
NMIH	C	0.21%
BOH	B	0.21%
CVBF	A	0.2%
ARCH	B	0.2%
MIR	A	0.2%
VCYT	B	0.2%
LBRT	D	0.2%
BKU	A	0.2%
TPH	D	0.2%
CPK	A	0.2%
HUBG	A	0.2%
LIVN	F	0.2%
INDB	B	0.2%
FIBK	B	0.19%
PPBI	C	0.19%
SYNA	C	0.19%
ATGE	B	0.19%
PRK	B	0.19%
BFH	C	0.19%
SKY	A	0.19%
AGIO	C	0.19%
AKR	B	0.19%
HTLF	B	0.19%
FCPT	C	0.19%
CDE	C	0.19%
VSTO	A	0.19%
SLVM	B	0.18%
PFS	B	0.18%
MTX	B	0.18%
FFBC	B	0.18%
B	A	0.17%
BANR	B	0.17%
ENVA	B	0.17%
CWT	C	0.17%
SGRY	F	0.17%
SNEX	B	0.17%
AUR	C	0.17%
SBCF	B	0.17%
TTMI	C	0.17%
WAFD	B	0.17%
GT	C	0.17%
TOWN	B	0.17%
RIOT	C	0.17%
NBTB	B	0.16%
SHO	D	0.16%
OPCH	D	0.16%
RNST	B	0.16%
EQC	B	0.16%
ZD	B	0.16%
TRMK	C	0.16%
BANC	B	0.16%
VSH	F	0.16%
SKT	A	0.16%
BDC	C	0.16%
FRME	B	0.16%
CCS	D	0.16%
ROIC	A	0.15%
STRA	C	0.15%
CABO	B	0.15%
FL	F	0.15%
EFSC	B	0.15%
MYGN	F	0.15%
WERN	C	0.15%
IGT	F	0.15%
KMT	B	0.15%
IVT	A	0.15%
NMRK	C	0.15%
PHIN	A	0.15%
VIAV	C	0.15%
PRM	C	0.14%
JBLU	F	0.14%
OTTR	C	0.14%
DRH	B	0.14%
LGND	C	0.14%
WSBC	B	0.14%
GBX	A	0.14%
VSCO	C	0.14%
DBRG	F	0.14%
SJW	F	0.14%
OFG	B	0.14%
KTOS	B	0.14%
ROG	D	0.14%
GEO	B	0.14%
MGEE	B	0.14%
BANF	B	0.14%
LTC	B	0.13%
SYBT	B	0.13%
URBN	C	0.13%
ESE	B	0.13%
NBHC	C	0.13%
FCF	B	0.13%
FBNC	B	0.13%
BEAM	D	0.13%
NWBI	B	0.13%
KAR	B	0.13%
HE	C	0.13%
NTB	B	0.13%
EPC	F	0.13%
OI	C	0.13%
AKRO	B	0.13%
THS	D	0.13%
FBK	C	0.13%
ADNT	F	0.13%
INSW	F	0.13%
MRCY	C	0.13%
CXW	C	0.12%
LKFN	C	0.12%
PRG	C	0.12%
FOXF	F	0.12%
STNE	F	0.12%
HMN	B	0.12%
BHE	C	0.12%
LC	A	0.12%
GTY	A	0.12%
MLKN	F	0.12%
GEF	A	0.12%
GNL	F	0.12%
MCY	A	0.12%
CHCO	B	0.12%
WGO	C	0.12%
SUPN	C	0.12%
NEO	C	0.12%
OUT	A	0.12%
AIN	C	0.12%
NNI	D	0.12%
LZB	B	0.12%
AIR	B	0.12%
RRR	F	0.11%
DHT	F	0.11%
PEB	D	0.11%
COMM	D	0.11%
JBGS	F	0.11%
ESRT	C	0.11%
TROX	D	0.11%
XHR	B	0.11%
CODI	B	0.11%
HOPE	C	0.11%
NTCT	C	0.11%
NHC	C	0.11%
STBA	B	0.11%
HELE	C	0.11%
PRDO	B	0.11%
NWN	A	0.11%
SASR	B	0.11%
ELME	D	0.11%
AMC	C	0.11%
KN	B	0.11%
LILAK	D	0.1%
IART	C	0.1%
ARI	C	0.1%
CENTA	C	0.1%
CASH	B	0.1%
VRE	B	0.1%
TVTX	C	0.1%
HI	C	0.1%
QCRH	B	0.1%
AAT	B	0.1%
TDOC	C	0.1%
ANDE	D	0.1%
LADR	B	0.1%
BUSE	B	0.1%
GOGL	F	0.1%
VRNT	C	0.1%
PCT	C	0.1%
DEA	D	0.1%
WABC	B	0.1%
AMWD	C	0.1%
LTH	C	0.1%
AWR	B	0.1%
PLUG	F	0.1%
RLJ	C	0.1%
PDCO	F	0.1%
ALEX	B	0.1%
NTLA	F	0.1%
CUBI	B	0.1%
WKC	C	0.1%
MODG	F	0.1%
VSEC	C	0.1%
TCBK	C	0.1%
SCL	C	0.1%
DNLI	D	0.1%
CNNE	B	0.09%
NAVI	F	0.09%
COHU	C	0.09%
SAFT	B	0.09%
VAL	F	0.09%
GABC	B	0.09%
BHLB	B	0.09%
PMT	C	0.09%
INMD	C	0.09%
SPNT	B	0.09%
UNFI	A	0.09%
VSAT	F	0.09%
PFSI	C	0.09%
EIG	B	0.09%
HNI	B	0.09%
UNIT	B	0.09%
KW	C	0.09%
DOLE	D	0.09%
UVV	B	0.09%
PDM	D	0.09%
GIII	D	0.09%
BBIO	F	0.09%
WS	C	0.09%
DAN	D	0.08%
SFL	D	0.08%
EFC	C	0.08%
BRKL	B	0.08%
AMBA	B	0.08%
ACT	C	0.08%
ALGT	B	0.08%
TGI	B	0.08%
FBMS	B	0.08%
OPEN	F	0.08%
UMH	B	0.08%
DGII	C	0.08%
OCFC	B	0.08%
SCSC	C	0.08%
WMK	C	0.08%
NIC	B	0.08%
MD	C	0.08%
CARS	C	0.08%
PFBC	B	0.08%
DCOM	B	0.08%
CSR	B	0.08%
ECPG	C	0.08%
FBRT	D	0.08%
PEBO	B	0.08%
NVEE	F	0.08%
ROCK	C	0.08%
ODP	F	0.08%
TRS	B	0.08%
FDP	B	0.08%
SRCE	B	0.08%
WINA	C	0.08%
SEM	B	0.08%
APOG	C	0.08%
RC	D	0.08%
SCS	C	0.08%
MSGE	F	0.08%
TPC	C	0.08%
BDN	C	0.07%
BHRB	B	0.07%
PFC	B	0.07%
SXC	A	0.07%
CDNA	D	0.07%
FMBH	B	0.07%
CNOB	B	0.07%
GPOR	B	0.07%
BLX	B	0.07%
EXTR	C	0.07%
MMI	C	0.07%
LGF.A	C	0.07%
ATSG	B	0.07%
FWRD	D	0.07%
CMCO	C	0.07%
PGRE	F	0.07%
TILE	B	0.07%
MBUU	B	0.07%
BFC	B	0.07%
BZH	C	0.07%
BXC	B	0.07%
DX	B	0.07%
TNC	D	0.07%
OBK	C	0.07%
PLAB	C	0.07%
IMKTA	C	0.07%
UTL	B	0.07%
XRX	F	0.07%
MSEX	C	0.07%
BV	C	0.07%
WD	D	0.07%
RWT	D	0.07%
INVA	D	0.07%
GERN	D	0.06%
PAGS	F	0.06%
PTCT	B	0.06%
ASIX	B	0.06%
CNXN	C	0.06%
AEO	F	0.06%
EMBC	C	0.06%
EYE	C	0.06%
PRA	C	0.06%
IAS	C	0.06%
WNC	C	0.06%
ECVT	C	0.06%
DESP	B	0.06%
PLUS	F	0.06%
HAYN	A	0.06%
FIGS	F	0.06%
PSMT	D	0.06%
EGBN	B	0.06%
PRAA	D	0.06%
HSII	B	0.06%
VTLE	C	0.06%
AOSL	C	0.06%
GPRE	F	0.06%
DHC	F	0.06%
BRSP	C	0.06%
HAIN	D	0.06%
IRON	B	0.06%
HFWA	C	0.06%
DCO	C	0.06%
JELD	F	0.06%
CTBI	B	0.06%
UVSP	B	0.06%
CFFN	C	0.06%
PLRX	D	0.06%
OMI	F	0.06%
HCSG	C	0.06%
BELFB	C	0.06%
MNRO	D	0.06%
ASPN	F	0.06%
HOV	D	0.06%
PLYM	F	0.06%
PBI	B	0.06%
CBRL	C	0.06%
SIGI	C	0.06%
TMP	B	0.06%
MATV	D	0.06%
DLX	B	0.06%
MARA	B	0.06%
BY	B	0.06%
AVNS	F	0.06%
WLY	B	0.06%
PACB	F	0.05%
SAH	C	0.05%
HPP	F	0.05%
GDEN	B	0.05%
AHCO	F	0.05%
AMAL	B	0.05%
WLDN	C	0.05%
CTKB	C	0.05%
MTUS	C	0.05%
EQBK	B	0.05%
NVRI	D	0.05%
RYI	C	0.05%
NTGR	B	0.05%
CAC	C	0.05%
KELYA	F	0.05%
SCVL	F	0.05%
TRST	B	0.05%
BLMN	F	0.05%
BBUC	C	0.05%
ICHR	C	0.05%
HZO	F	0.05%
AIV	C	0.05%
ETD	C	0.05%
BFST	C	0.05%
AMTB	B	0.05%
GVA	A	0.05%
LNN	B	0.05%
IBCP	B	0.05%
ETNB	C	0.05%
AXL	C	0.05%
NAT	F	0.05%
AMRC	F	0.05%
CGON	F	0.05%
GNK	D	0.05%
BGS	F	0.05%
SHEN	F	0.05%
AHH	D	0.05%
MBIN	F	0.05%
MBWM	B	0.05%
GCI	D	0.05%
VIR	D	0.05%
SMP	C	0.05%
XNCR	B	0.05%
AMRK	F	0.05%
MLR	C	0.05%
ORRF	B	0.05%
MLI	B	0.05%
MATW	C	0.05%
HAFC	B	0.05%
PRLB	B	0.05%
HBNC	B	0.05%
KOP	C	0.05%
FG	A	0.05%
ANNX	F	0.05%
VMEO	B	0.05%
FCBC	C	0.05%
CFB	B	0.05%
PCRX	C	0.05%
SPTN	D	0.05%
RPAY	D	0.05%
MRTN	D	0.05%
CAL	F	0.05%
DK	C	0.05%
CPF	B	0.05%
ASTE	C	0.05%
REPL	D	0.05%
OSBC	A	0.05%
ERAS	C	0.04%
VICR	C	0.04%
BTBT	C	0.04%
PHAT	F	0.04%
CHCT	C	0.04%
NFBK	C	0.04%
AROW	B	0.04%
RGR	F	0.04%
FUBO	D	0.04%
MPB	B	0.04%
PL	B	0.04%
NBR	C	0.04%
HSTM	B	0.04%
AIOT	B	0.04%
BHB	C	0.04%
PZZA	F	0.04%
CCBG	B	0.04%
AURA	C	0.04%
ARKO	C	0.04%
PKST	F	0.04%
GSBC	C	0.04%
RES	D	0.04%
EVRI	A	0.04%
HTBI	B	0.04%
CLNE	F	0.04%
NRIX	C	0.04%
HLIO	B	0.04%
IIIV	C	0.04%
AMBC	C	0.04%
OPK	C	0.04%
GTN	F	0.04%
THFF	B	0.04%
ITRI	C	0.04%
KREF	C	0.04%
SXI	B	0.04%
ATRO	D	0.04%
FSBC	C	0.04%
FMNB	B	0.04%
MCBS	B	0.04%
LFST	B	0.04%
MSBI	B	0.04%
EBF	F	0.04%
RYAM	C	0.04%
VREX	B	0.04%
WLFC	B	0.04%
FPI	B	0.04%
CCNE	C	0.04%
SMBK	B	0.04%
LPG	F	0.04%
SVC	F	0.04%
TRTX	C	0.04%
GOOD	B	0.04%
DFIN	D	0.04%
CMTG	F	0.04%
PGC	B	0.04%
SWBI	C	0.04%
ATRC	C	0.04%
REX	D	0.04%
LASR	D	0.04%
CALX	D	0.04%
OFIX	C	0.04%
CMRE	C	0.04%
GMRE	F	0.04%
ADPT	C	0.04%
RBCAA	B	0.04%
RLAY	F	0.04%
SMBC	B	0.04%
CNDT	C	0.04%
MCB	B	0.04%
SCHL	F	0.04%
PAYO	A	0.04%
ASC	F	0.04%
NAPA	A	0.04%
NBN	C	0.04%
HTBK	B	0.04%
WASH	C	0.04%
AMSF	B	0.04%
MTW	C	0.03%
TRC	F	0.03%
OABI	F	0.03%
OXM	F	0.03%
IAUX	F	0.03%
LGTY	C	0.03%
TRUE	C	0.03%
FARO	C	0.03%
HBCP	C	0.03%
CTS	C	0.03%
APLT	C	0.03%
ACRE	B	0.03%
BOC	C	0.03%
OLMA	F	0.03%
HTZ	C	0.03%
ZUMZ	B	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%
ZEUS	C	0.03%
BMRC	B	0.03%
WOOF	D	0.03%
PAHC	C	0.03%
AVXL	B	0.03%
BCAL	B	0.03%
MQ	D	0.03%
UTZ	D	0.03%
VRDN	D	0.03%
GMS	B	0.03%
SD	D	0.03%
CNSL	C	0.03%
FNKO	D	0.03%
FISI	B	0.03%
CCRN	F	0.03%
TCBX	B	0.03%
IRWD	F	0.03%
BSRR	B	0.03%
GLRE	B	0.03%
RBB	B	0.03%
NWPX	A	0.03%
RMR	F	0.03%
CVGW	D	0.03%
TERN	F	0.03%
ZIMV	D	0.03%
INDI	C	0.03%
CLDT	B	0.03%
NPK	B	0.03%
KRNY	C	0.03%
DDD	C	0.03%
CMPR	D	0.03%
UVE	B	0.03%
USAP	B	0.03%
SHBI	B	0.03%
IOSP	C	0.03%
FRPH	B	0.03%
RGNX	D	0.03%
TIPT	C	0.03%
MLAB	F	0.03%
BECN	B	0.03%
LXFR	C	0.03%
CCSI	C	0.03%
SPFI	C	0.03%
NUVB	C	0.03%
HIFS	C	0.03%
QTRX	F	0.03%
UFCS	A	0.03%
DIN	C	0.03%
PTVE	B	0.03%
CLW	F	0.03%
VERV	F	0.03%
SHYF	C	0.03%
HCAT	D	0.03%
DAKT	C	0.03%
BALY	B	0.03%
MOFG	B	0.03%
LMNR	B	0.03%
OLP	B	0.03%
USNA	C	0.03%
TRDA	C	0.03%
FFIC	B	0.03%
RDUS	B	0.03%
CARE	C	0.03%
CTO	B	0.03%
CMP	C	0.03%
LEU	C	0.03%
ALRS	D	0.03%
CLFD	F	0.03%
MNKD	C	0.03%
MDXG	B	0.03%
LAND	F	0.03%
KIDS	D	0.03%
LAUR	A	0.03%
RUSHB	C	0.03%
CLBK	C	0.03%
STGW	A	0.03%
FLGT	F	0.03%
ORIC	F	0.03%
KE	C	0.03%
YORW	F	0.03%
LXU	B	0.03%
TWKS	B	0.03%
CCO	C	0.03%
CVLT	B	0.03%
AVO	C	0.03%
ACCO	C	0.03%
MCS	B	0.03%
UIS	B	0.03%
HONE	C	0.03%
LGF.A	C	0.03%
CIO	C	0.02%
TLS	D	0.02%
GCO	C	0.02%
NVRO	F	0.02%
MED	D	0.02%
JRVR	F	0.02%
PANL	F	0.02%
NRGV	C	0.02%
PSTL	D	0.02%
SRRK	C	0.02%
BLFY	B	0.02%
WEYS	C	0.02%
SSP	F	0.02%
RNGR	A	0.02%
IHRT	B	0.02%
PCB	B	0.02%
MBCN	C	0.02%
GENC	C	0.02%
TG	D	0.02%
PTON	A	0.02%
INGN	C	0.02%
LCNB	B	0.02%
CHPT	F	0.02%
BLDE	C	0.02%
IDT	B	0.02%
TSVT	F	0.02%
UTMD	F	0.02%
CPS	C	0.02%
FVCB	B	0.02%
NKTR	F	0.02%
ALT	C	0.02%
RM	C	0.02%
TSBK	A	0.02%
NWFL	C	0.02%
RMAX	C	0.02%
PINE	C	0.02%
REI	D	0.02%
GDYN	B	0.02%
APEI	B	0.02%
CRMT	D	0.02%
PCYO	A	0.02%
PKBK	A	0.02%
ATNI	F	0.02%
INZY	F	0.02%
DH	F	0.02%
MVBF	C	0.02%
LE	D	0.02%
AMRX	C	0.02%
DBI	F	0.02%
LMND	B	0.02%
ITOS	F	0.02%
FRST	B	0.02%
PLBC	A	0.02%
CRSR	C	0.02%
SRCL	B	0.02%
ENTA	F	0.02%
TBI	F	0.02%
HBB	F	0.02%
ILPT	F	0.02%
CBNK	B	0.02%
DGICA	A	0.02%
MLNK	C	0.02%
ASUR	C	0.02%
CYH	F	0.02%
INST	B	0.02%
RLGT	B	0.02%
FATE	F	0.02%
MEC	F	0.02%
ALDX	D	0.02%
AVNW	F	0.02%
HRTG	C	0.02%
OUST	C	0.02%
EDIT	F	0.02%
WSBF	C	0.02%
PKOH	C	0.02%
WOW	C	0.02%
CZFS	B	0.02%
RRBI	A	0.02%
GOGO	C	0.02%
VLGEA	C	0.02%
FDBC	C	0.02%
OLPX	D	0.02%
VECO	F	0.02%
IRBT	F	0.02%
HLF	C	0.02%
KRO	C	0.02%
VRTS	B	0.02%
SB	F	0.02%
CENT	C	0.02%
CBAN	B	0.02%
HNRG	B	0.02%
IMMR	C	0.02%
AORT	B	0.02%
RGP	F	0.02%
ANGO	C	0.02%
REFI	A	0.02%
OOMA	B	0.02%
AMCX	C	0.02%
ODC	B	0.02%
JAKK	C	0.02%
SSBK	B	0.02%
ONEW	F	0.02%
PACK	B	0.02%
REPX	A	0.02%
AMPS	C	0.02%
AUPH	B	0.02%
GNTY	A	0.02%
SAVE	F	0.02%
BCML	B	0.02%
VNDA	C	0.02%
AMPY	C	0.02%
STRO	F	0.02%
JMSB	C	0.02%
SWIM	C	0.02%
FLIC	B	0.02%
OLO	A	0.02%
OBT	C	0.02%
CWCO	C	0.02%
FLXS	B	0.02%
SLQT	C	0.02%
THRD	F	0.02%
HBT	B	0.02%
IPI	C	0.02%
ITIC	A	0.02%
LEGH	D	0.02%
UNTY	B	0.02%
COFS	A	0.02%
IIIN	C	0.02%
PLPC	B	0.02%
ZWS	B	0.02%
CZNC	C	0.02%
FNLC	C	0.02%
FA	C	0.02%
ESPR	B	0.02%
MOV	D	0.02%
TITN	C	0.02%
SPOK	B	0.02%
SFIX	B	0.02%
KODK	B	0.02%
VPG	F	0.02%
HY	D	0.02%
SENEA	A	0.02%
OSUR	F	0.02%
FSBW	C	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%
SNBR	F	0.02%
FRBA	D	0.02%
CIFR	C	0.02%
TBPH	B	0.02%
AQST	D	0.02%
MTRX	B	0.02%
MLYS	F	0.02%
FLNG	C	0.02%
HTLD	C	0.02%
MEI	F	0.02%
PRTA	F	0.02%
REVG	C	0.02%
NEWT	C	0.02%
ACMR	D	0.02%
LILA	D	0.02%
NVAX	F	0.02%
ANIP	F	0.02%
DVAX	C	0.02%
CIVB	B	0.02%
CLDX	F	0.02%
LOCO	D	0.02%
NUS	D	0.02%
CCCC	F	0.02%
AKBA	C	0.02%
ENS	F	0.02%
VYGR	F	0.02%
BJRI	C	0.02%
FBIZ	B	0.02%
EYPT	D	0.02%
EBTC	C	0.02%
NECB	C	0.02%
RBBN	C	0.02%
PFIS	A	0.02%
GEF	A	0.02%
HVT	D	0.02%
ADV	D	0.02%
TWI	F	0.02%
BVS	D	0.02%
ALLO	F	0.02%
SAGE	F	0.02%
NL	B	0.01%
MASS	F	0.01%
QSI	C	0.01%
OBIO	C	0.01%
RGLS	F	0.01%
AOMR	F	0.01%
QUAD	C	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%
KALU	C	0.01%
CRDF	F	0.01%
TNYA	D	0.01%
FHTX	C	0.01%
INNV	F	0.01%
PBYI	C	0.01%
CAPR	C	0.01%
DAWN	D	0.01%
FENC	D	0.01%
RMNI	C	0.01%
RMBL	B	0.01%
ABSI	F	0.01%
DIBS	F	0.01%
BKSY	B	0.01%
WALD	F	0.01%
CSTE	F	0.01%
VHI	D	0.01%
CPSS	B	0.01%
CASS	C	0.01%
REAL	B	0.01%
BBSI	B	0.01%
CEVA	B	0.01%
UHT	D	0.01%
SMMT	D	0.01%
PLOW	D	0.01%
BLUE	F	0.01%
PFMT	F	0.01%
XOMA	C	0.01%
DENN	D	0.01%
SIGA	F	0.01%
CGEM	F	0.01%
ADCT	F	0.01%
MODV	C	0.01%
PGEN	F	0.01%
BLFS	C	0.01%
RCKY	F	0.01%
MCW	C	0.01%
LIND	C	0.01%
POWW	F	0.01%
MVIS	F	0.01%
AMTX	C	0.01%
MRSN	D	0.01%
ACRV	F	0.01%
QIPT	F	0.01%
SBT	C	0.01%
CVGI	F	0.01%
TTEC	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	D	0.01%
GRWG	D	0.01%
GNE	F	0.01%
CMT	C	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	B	0.01%
MYPS	C	0.01%
PAR	A	0.01%
CTRN	F	0.01%
CABA	F	0.01%
GRPN	F	0.01%
NREF	A	0.01%
ABOS	F	0.01%
EVC	C	0.01%
NODK	A	0.01%
TTSH	F	0.01%
MTRN	C	0.01%
GSAT	C	0.01%
BH	B	0.01%
STRS	B	0.01%
CRNC	C	0.01%
OSIS	A	0.01%
RDW	A	0.01%
KOD	B	0.01%
NATR	C	0.01%
TBBK	B	0.01%
NC	B	0.01%
PBFS	A	0.01%
TWIN	F	0.01%
CLAR	D	0.01%
VTYX	F	0.01%
ACDC	B	0.01%
AVD	C	0.01%
CTGO	D	0.01%
BBCP	D	0.01%
VRA	C	0.01%
WOR	F	0.01%
INO	F	0.01%
MHLD	D	0.01%
ESCA	B	0.01%
HFFG	C	0.01%
HEES	C	0.01%
FRGE	F	0.01%
PKE	B	0.01%
GEOS	B	0.01%
LYTS	B	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	A	0.01%
XBIT	F	0.01%
ATLO	C	0.01%
JOUT	F	0.01%
VIRC	B	0.01%
GPMT	C	0.01%
RSVR	B	0.01%
LYEL	F	0.01%
ESSA	B	0.01%
FF	F	0.01%
ZNTL	F	0.01%
ACCD	D	0.01%
TPIC	F	0.01%
FFNW	C	0.01%
SONO	C	0.01%
CHGG	C	0.01%
ORN	B	0.01%
CRBU	D	0.01%
WVE	C	0.01%
FLWS	D	0.01%
BSVN	B	0.01%
CHMG	B	0.01%
IBEX	B	0.01%
SEVN	C	0.01%
RXT	C	0.01%
NKTX	F	0.01%
EML	D	0.01%
LSEA	D	0.01%
SGC	C	0.01%
DSGN	C	0.01%
NKSH	C	0.01%
PVBC	B	0.01%
FET	F	0.01%
STHO	F	0.01%
AFCG	D	0.01%
ACIC	B	0.01%
OB	B	0.01%
HMST	F	0.01%
SMHI	F	0.01%
BE	B	0.01%
ONTF	C	0.01%
NGS	B	0.01%
SXT	C	0.01%
SAMG	B	0.01%
FLL	C	0.01%
GPRO	F	0.01%
HOFT	B	0.01%
ACTG	D	0.01%
BKD	F	0.01%
FCEL	B	0.01%
FSTR	B	0.01%
SSTK	F	0.01%
INBK	B	0.01%
ALCO	D	0.01%
RGCO	B	0.01%
RELL	B	0.01%
FSP	B	0.01%
MG	D	0.01%
VYX	B	0.01%
MGNI	B	0.01%
MBI	B	0.01%
PYXS	D	0.01%
VEL	A	0.01%
ASLE	C	0.01%
PLL	C	0.01%
FORR	C	0.01%
NXDT	F	0.01%
ORGO	B	0.01%
MITT	D	0.01%
HNST	A	0.01%
MFIN	B	0.01%
BWFG	B	0.01%
BCBP	B	0.01%
CTV	A	0.01%
BRT	A	0.01%
ULH	C	0.01%
OVLY	B	0.01%
CBL	B	0.01%
SLDP	F	0.01%
LOB	C	0.01%
VABK	B	0.01%
ANIK	D	0.01%
AGM	B	0.01%
HRTX	F	0.01%
SRDX	B	0.01%
SRI	F	0.01%
HPK	B	0.01%
BHR	C	0.01%
RGTI	B	0.01%
NGVC	A	0.01%
FSLY	D	0.01%
BARK	C	0.01%
EU	D	0.01%
LESL	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	C	0.0%
JILL	C	0.0%
PEPG	F	0.0%
SSTI	C	0.0%
ELEV	D	0.0%
CLPR	D	0.0%
NNOX	C	0.0%
STXS	C	0.0%
HQI	B	0.0%
MLP	B	0.0%
PRLD	F	0.0%
STTK	F	0.0%
BRCC	F	0.0%
CIX	D	0.0%
CELC	F	0.0%
IGMS	F	0.0%
EWCZ	F	0.0%
MRAM	D	0.0%
GALT	C	0.0%
EVI	F	0.0%
ARL	D	0.0%
CTLP	B	0.0%
DMRC	B	0.0%
VERU	F	0.0%
NATH	C	0.0%
EB	C	0.0%
ATEX	F	0.0%
MGNX	F	0.0%
BDTX	F	0.0%
ABUS	D	0.0%
EAF	C	0.0%
LAZR	D	0.0%
WRLD	C	0.0%
TREE	F	0.0%
CDMO	A	0.0%
TCI	D	0.0%
ACHR	B	0.0%
CCB	A	0.0%
BBAI	C	0.0%
TDUP	C	0.0%
QBTS	B	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	B	0.0%
CRMD	C	0.0%
CYRX	F	0.0%
IPSC	F	0.0%
GOEV	F	0.0%
ELVN	D	0.0%
GOCO	C	0.0%
SWKH	F	0.0%
LFMD	D	0.0%
PRPL	F	0.0%
CMPO	B	0.0%
MXL	C	0.0%
OSPN	A	0.0%
CRCT	F	0.0%
DC	D	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	D	0.0%
GCMG	B	0.0%
DHIL	B	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	F	0.0%

VTWV Underweight 121 Positions Relative to TXS

Symbol	Grade	Weight
TSLA	B	-5.5%
THC	D	-4.2%
CRWD	B	-4.06%
SCHW	B	-4.06%
DLR	B	-4.02%
MCK	A	-3.82%
WM	B	-3.35%
XOM	B	-3.28%
CCI	C	-2.93%
GME	C	-2.92%
CBRE	B	-2.56%
LNG	A	-2.46%
ORCL	A	-2.37%
TPL	A	-1.96%
COP	C	-1.95%
KMI	A	-1.89%
SYY	D	-1.88%
DHI	F	-1.86%
SCI	B	-1.85%
PWR	A	-1.84%
WING	D	-1.64%
TRGP	A	-1.43%
TYL	B	-1.31%
T	A	-1.31%
INVH	D	-1.23%
EOG	A	-1.14%
TXN	C	-1.13%
CAT	B	-1.09%
J	D	-0.96%
SLB	C	-0.92%
VST	A	-0.84%
CPT	B	-0.81%
ACM	B	-0.78%
PLAY	D	-0.71%
LUV	C	-0.69%
FIX	A	-0.63%
BKR	A	-0.61%
OXY	D	-0.51%
FANG	C	-0.47%
KBR	F	-0.42%
CPRT	B	-0.41%
USPH	B	-0.39%
HAL	C	-0.39%
ATO	A	-0.39%
CNP	A	-0.35%
AAL	B	-0.33%
PSX	C	-0.32%
GL	C	-0.31%
NRG	B	-0.31%
CRBG	B	-0.31%
CMA	B	-0.3%
KMB	C	-0.28%
CFR	B	-0.27%
CTRA	B	-0.27%
HHH	B	-0.27%
KEX	B	-0.26%
VLO	C	-0.26%
PB	B	-0.24%
MRO	B	-0.23%
STRL	A	-0.22%
DELL	B	-0.21%
IESC	C	-0.2%
TPG	A	-0.19%
HPE	B	-0.16%
PR	B	-0.14%
FFIN	B	-0.14%
AGL	F	-0.14%
NSP	F	-0.14%
XPEL	B	-0.14%
LII	A	-0.13%
BLDR	D	-0.13%
CHRD	D	-0.12%
RRC	B	-0.12%
APA	D	-0.12%
NTRA	A	-0.11%
MTDR	B	-0.1%
WFRD	D	-0.09%
GSHD	A	-0.09%
VCTR	B	-0.09%
POWL	C	-0.08%
USLM	A	-0.08%
FYBR	C	-0.07%
DAR	C	-0.06%
CSWI	B	-0.06%
FLS	B	-0.06%
TH	C	-0.06%
PRO	C	-0.06%
TTI	B	-0.06%
QTWO	A	-0.06%
EXP	B	-0.06%
SAVA	C	-0.06%
MTCH	D	-0.06%
UEC	B	-0.06%
YETI	D	-0.05%
DINO	D	-0.05%
CECO	B	-0.05%
ATI	C	-0.05%
NXST	C	-0.05%
BIGC	B	-0.05%
HESM	B	-0.05%
CHX	C	-0.05%
EZPW	B	-0.05%
TASK	C	-0.05%
UPBD	B	-0.05%
ALG	B	-0.05%
CE	F	-0.05%
WHD	B	-0.05%
OII	B	-0.05%
ALKT	B	-0.05%
AROC	A	-0.05%
THRY	D	-0.04%
TSHA	C	-0.04%
TDW	F	-0.04%
VITL	D	-0.04%
HUN	F	-0.04%
WLK	D	-0.04%
SLAB	F	-0.04%
NOV	C	-0.04%
AESI	B	-0.04%
CRUS	D	-0.03%
AMN	F	-0.03%