VV vs. FNDX ETF Comparison

Comparison of Vanguard Large-Cap ETF - DNQ (VV) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

VV

Vanguard Large-Cap ETF - DNQ

VV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. 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

$248.98

Average Daily Volume

200,185

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large 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

$68.68

Average Daily Volume

406,893

Number of Holdings ^*

718

* may have additional holdings in another (foreign) market

Performance

Period	VV	FNDX
30 Days	-1.26%	2.28%
60 Days	3.45%	3.21%
90 Days	6.43%	5.88%
12 Months	22.60%	18.66%

434 Overlapping Holdings

Symbol	Grade	Weight in VV	Weight in FNDX	Overlap
A	B	0.08%	0.06%	0.06%
AAPL	C	6.62%	4.44%	4.44%
ABBV	A	0.65%	0.58%	0.58%
ABT	B	0.39%	0.31%	0.31%
ACGL	D	0.08%	0.04%	0.04%
ACN	C	0.41%	0.32%	0.32%
ADBE	B	0.54%	0.2%	0.2%
ADI	D	0.24%	0.14%	0.14%
ADM	D	0.06%	0.24%	0.06%
ADP	A	0.21%	0.13%	0.13%
ADSK	C	0.11%	0.03%	0.03%
AEE	A	0.04%	0.06%	0.04%
AEP	A	0.1%	0.17%	0.1%
AES	D	0.01%	0.06%	0.01%
AFL	A	0.11%	0.2%	0.11%
AIG	C	0.11%	0.3%	0.11%
AJG	A	0.12%	0.05%	0.05%
AKAM	C	0.03%	0.03%	0.03%
ALB	F	0.02%	0.02%	0.02%
ALGN	F	0.04%	0.02%	0.02%
ALL	A	0.09%	0.27%	0.09%
AMAT	D	0.42%	0.29%	0.29%
AMD	F	0.57%	0.09%	0.09%
AME	D	0.08%	0.05%	0.05%
AMGN	B	0.36%	0.49%	0.36%
AMP	D	0.09%	0.12%	0.09%
AMT	A	0.2%	0.13%	0.13%
AMZN	D	3.91%	1.39%	1.39%
ANET	C	0.19%	0.03%	0.03%
ANSS	F	0.06%	0.02%	0.02%
AON	B	0.13%	0.12%	0.12%
APD	C	0.12%	0.11%	0.11%
APH	D	0.17%	0.09%	0.09%
APO	C	0.1%	0.03%	0.03%
APTV	D	0.04%	0.04%	0.04%
ARE	D	0.04%	0.03%	0.03%
AVB	A	0.06%	0.05%	0.05%
AVGO	D	1.61%	0.63%	0.63%
AVTR	B	0.03%	0.03%	0.03%
AVY	D	0.04%	0.04%	0.04%
AWK	A	0.05%	0.05%	0.05%
AXP	A	0.25%	0.36%	0.25%
AZO	B	0.11%	0.06%	0.06%
BA	D	0.24%	0.16%	0.16%
BAC	C	0.57%	1.32%	0.57%
BALL	C	0.04%	0.06%	0.04%
BAX	C	0.04%	0.08%	0.04%
BBY	C	0.04%	0.17%	0.04%
BDX	C	0.15%	0.11%	0.11%
BEN	D	0.02%	0.05%	0.02%
BIIB	F	0.07%	0.11%	0.07%
BK	A	0.1%	0.25%	0.1%
BKNG	D	0.29%	0.19%	0.19%
BKR	B	0.08%	0.16%	0.08%
BLK	A	0.24%	0.25%	0.24%
BMY	B	0.18%	0.37%	0.18%
BR	A	0.05%	0.04%	0.04%
BRK.A	C	0.07%	2.23%	0.07%
BRK.A	C	1.53%	2.23%	1.53%
BRO	A	0.02%	0.02%	0.02%
BSX	D	0.24%	0.08%	0.08%
BURL	B	0.03%	0.03%	0.03%
BX	B	0.19%	0.11%	0.11%
C	B	0.25%	1.19%	0.25%
CAG	A	0.03%	0.06%	0.03%
CAH	B	0.05%	0.06%	0.05%
CARR	B	0.12%	0.12%	0.12%
CAT	C	0.35%	0.41%	0.35%
CB	A	0.22%	0.27%	0.22%
CBOE	B	0.04%	0.01%	0.01%
CBRE	A	0.06%	0.12%	0.06%
CCI	A	0.09%	0.1%	0.09%
CCL	D	0.04%	0.05%	0.04%
CDNS	F	0.18%	0.03%	0.03%
CDW	D	0.06%	0.06%	0.06%
CE	F	0.03%	0.07%	0.03%
CEG	D	0.14%	0.09%	0.09%
CF	D	0.03%	0.06%	0.03%
CFG	B	0.03%	0.11%	0.03%
CHD	D	0.05%	0.04%	0.04%
CHTR	B	0.06%	0.35%	0.06%
CI	C	0.2%	0.52%	0.2%
CINF	A	0.04%	0.07%	0.04%
CL	A	0.17%	0.15%	0.15%
CLX	D	0.04%	0.03%	0.03%
CMCSA	C	0.33%	0.76%	0.33%
CME	F	0.15%	0.07%	0.07%
CMG	D	0.19%	0.03%	0.03%
CMI	B	0.08%	0.17%	0.08%
CMS	A	0.04%	0.06%	0.04%
CNC	B	0.08%	0.25%	0.08%
CNP	F	0.04%	0.06%	0.04%
COF	B	0.11%	0.42%	0.11%
COP	F	0.29%	0.45%	0.29%
COST	D	0.81%	0.66%	0.66%
CPAY	C	0.04%	0.05%	0.04%
CPB	A	0.02%	0.03%	0.02%
CPRT	D	0.1%	0.02%	0.02%
CRBG	D	0.02%	0.03%	0.02%
CRM	C	0.51%	0.12%	0.12%
CSCO	C	0.37%	0.71%	0.37%
CSX	B	0.14%	0.22%	0.14%
CTAS	A	0.13%	0.08%	0.08%
CTRA	F	0.04%	0.02%	0.02%
CTSH	B	0.07%	0.18%	0.07%
CTVA	C	0.08%	0.09%	0.08%
CVS	C	0.16%	0.72%	0.16%
CVX	C	0.59%	1.22%	0.59%
D	A	0.09%	0.18%	0.09%
DAL	F	0.07%	0.02%	0.02%
DD	A	0.07%	0.18%	0.07%
DE	F	0.21%	0.22%	0.21%
DELL	D	0.08%	0.01%	0.01%
DFS	C	0.07%	0.23%	0.07%
DG	D	0.06%	0.12%	0.06%
DGX	A	0.03%	0.07%	0.03%
DHI	B	0.09%	0.19%	0.09%
DHR	A	0.36%	0.17%	0.17%
DIS	D	0.39%	0.38%	0.38%
DLR	B	0.11%	0.07%	0.07%
DLTR	F	0.05%	0.07%	0.05%
DOC	A	0.01%	0.04%	0.01%
DOV	C	0.05%	0.06%	0.05%
DOW	F	0.08%	0.21%	0.08%
DPZ	D	0.04%	0.04%	0.04%
DRI	D	0.04%	0.04%	0.04%
DTE	A	0.04%	0.08%	0.04%
DUK	A	0.17%	0.32%	0.17%
DVN	F	0.06%	0.1%	0.06%
EA	B	0.08%	0.08%	0.08%
EBAY	A	0.06%	0.17%	0.06%
ECL	B	0.13%	0.09%	0.09%
ED	A	0.07%	0.13%	0.07%
EFX	A	0.06%	0.03%	0.03%
EG	D	0.04%	0.03%	0.03%
EIX	A	0.06%	0.1%	0.06%
EL	F	0.05%	0.04%	0.04%
ELV	C	0.27%	0.49%	0.27%
EMR	B	0.14%	0.17%	0.14%
EOG	C	0.16%	0.22%	0.16%
EPAM	C	0.01%	0.02%	0.01%
EQIX	B	0.15%	0.07%	0.07%
EQR	A	0.05%	0.05%	0.05%
EQT	F	0.02%	0.04%	0.02%
ES	A	0.04%	0.08%	0.04%
ESS	A	0.04%	0.03%	0.03%
ETN	D	0.27%	0.21%	0.21%
ETR	A	0.05%	0.1%	0.05%
EVRG	A	0.01%	0.07%	0.01%
EW	F	0.12%	0.03%	0.03%
EXC	B	0.07%	0.17%	0.07%
EXPD	A	0.04%	0.02%	0.02%
EXPE	D	0.03%	0.03%	0.03%
EXR	B	0.07%	0.04%	0.04%
F	F	0.11%	0.33%	0.11%
FANG	C	0.08%	0.05%	0.05%
FAST	C	0.08%	0.07%	0.07%
FCX	D	0.15%	0.15%	0.15%
FDX	B	0.14%	0.34%	0.14%
FE	A	0.05%	0.1%	0.05%
FIS	D	0.09%	0.12%	0.09%
FITB	B	0.05%	0.13%	0.05%
FNF	A	0.03%	0.06%	0.03%
FOXA	A	0.02%	0.08%	0.02%
FSLR	D	0.05%	0.02%	0.02%
FTNT	F	0.08%	0.02%	0.02%
FTV	F	0.06%	0.03%	0.03%
GD	C	0.15%	0.22%	0.15%
GDDY	C	0.04%	0.02%	0.02%
GE	B	0.36%	0.18%	0.18%
GEHC	B	0.07%	0.07%	0.07%
GEV	C	0.1%	0.04%	0.04%
GILD	B	0.18%	0.33%	0.18%
GIS	B	0.08%	0.12%	0.08%
GLW	C	0.06%	0.14%	0.06%
GM	D	0.11%	0.67%	0.11%
GOOG	D	1.89%	1.16%	1.16%
GOOGL	D	2.31%	1.32%	1.32%
GPC	B	0.04%	0.06%	0.04%
GPN	D	0.05%	0.07%	0.05%
GRMN	B	0.05%	0.04%	0.04%
GS	B	0.31%	0.6%	0.31%
GWW	C	0.09%	0.07%	0.07%
HAL	F	0.06%	0.07%	0.06%
HBAN	B	0.04%	0.07%	0.04%
HCA	A	0.14%	0.23%	0.14%
HD	C	0.74%	0.75%	0.74%
HES	D	0.09%	0.05%	0.05%
HIG	A	0.06%	0.15%	0.06%
HLT	C	0.12%	0.06%	0.06%
HOLX	A	0.04%	0.04%	0.04%
HON	D	0.3%	0.34%	0.3%
HPE	D	0.06%	0.21%	0.06%
HPQ	C	0.07%	0.22%	0.07%
HRL	B	0.02%	0.03%	0.02%
HST	F	0.01%	0.04%	0.01%
HSY	B	0.06%	0.04%	0.04%
HUBB	C	0.02%	0.03%	0.02%
HUM	D	0.1%	0.25%	0.1%
HWM	A	0.07%	0.06%	0.06%
IBM	B	0.34%	0.56%	0.34%
ICE	A	0.17%	0.12%	0.12%
IDXX	D	0.09%	0.02%	0.02%
IFF	A	0.05%	0.06%	0.05%
ILMN	B	0.04%	0.02%	0.02%
INTC	F	0.28%	0.97%	0.28%
INTU	B	0.38%	0.1%	0.1%
INVH	B	0.05%	0.03%	0.03%
IP	A	0.03%	0.15%	0.03%
IPG	B	0.0%	0.04%	0.0%
IQV	B	0.08%	0.08%	0.08%
IR	C	0.08%	0.03%	0.03%
IRM	A	0.06%	0.06%	0.06%
ISRG	B	0.34%	0.08%	0.08%
IT	A	0.07%	0.03%	0.03%
ITW	C	0.15%	0.15%	0.15%
J	B	0.04%	0.06%	0.04%
JBHT	C	0.03%	0.04%	0.03%
JCI	C	0.1%	0.14%	0.1%
JNJ	B	0.76%	0.98%	0.76%
JPM	B	1.25%	2.01%	1.25%
K	A	0.03%	0.05%	0.03%
KDP	A	0.08%	0.08%	0.08%
KEY	C	0.03%	0.1%	0.03%
KEYS	F	0.05%	0.03%	0.03%
KHC	B	0.05%	0.1%	0.05%
KKR	B	0.15%	0.11%	0.11%
KLAC	D	0.24%	0.1%	0.1%
KMB	B	0.1%	0.11%	0.1%
KMI	B	0.08%	0.2%	0.08%
KMX	C	0.0%	0.07%	0.0%
KO	A	0.53%	0.41%	0.41%
KR	B	0.07%	0.29%	0.07%
KVUE	D	0.08%	0.02%	0.02%
L	B	0.03%	0.05%	0.03%
LDOS	C	0.02%	0.07%	0.02%
LEN	B	0.0%	0.19%	0.0%
LEN	B	0.08%	0.19%	0.08%
LHX	B	0.09%	0.16%	0.09%
LIN	B	0.46%	0.34%	0.34%
LKQ	F	0.01%	0.05%	0.01%
LLY	D	1.67%	0.23%	0.23%
LMT	A	0.24%	0.37%	0.24%
LNG	A	0.08%	0.05%	0.05%
LNT	A	0.03%	0.04%	0.03%
LOW	B	0.27%	0.4%	0.27%
LPLA	F	0.05%	0.03%	0.03%
LRCX	F	0.3%	0.19%	0.19%
LSXMK	D	0.0%	0.05%	0.0%
LULU	F	0.07%	0.02%	0.02%
LUV	F	0.04%	0.02%	0.02%
LVS	F	0.04%	0.03%	0.03%
LW	F	0.01%	0.01%	0.01%
LYB	B	0.05%	0.16%	0.05%
MA	C	0.79%	0.25%	0.25%
MAA	A	0.04%	0.03%	0.03%
MAR	F	0.12%	0.08%	0.08%
MAS	B	0.03%	0.06%	0.03%
MCD	C	0.4%	0.3%	0.3%
MCHP	F	0.11%	0.06%	0.06%
MCK	A	0.16%	0.11%	0.11%
MCO	A	0.14%	0.07%	0.07%
MDLZ	C	0.19%	0.21%	0.19%
MDT	C	0.23%	0.24%	0.23%
MET	B	0.09%	0.26%	0.09%
META	C	2.39%	1.65%	1.65%
MGM	D	0.02%	0.06%	0.02%
MKC	B	0.04%	0.04%	0.04%
MKL	C	0.04%	0.05%	0.04%
MLM	B	0.07%	0.05%	0.05%
MMC	A	0.22%	0.14%	0.14%
MMM	A	0.12%	0.39%	0.12%
MNST	C	0.08%	0.04%	0.04%
MO	A	0.17%	0.37%	0.17%
MOH	C	0.04%	0.05%	0.04%
MPC	C	0.13%	0.45%	0.13%
MRK	F	0.68%	0.56%	0.56%
MRNA	F	0.09%	0.07%	0.07%
MRO	D	0.03%	0.08%	0.03%
MRVL	F	0.13%	0.03%	0.03%
MS	B	0.26%	0.38%	0.26%
MSCI	B	0.08%	0.03%	0.03%
MSFT	D	7.17%	2.54%	2.54%
MSI	A	0.14%	0.06%	0.06%
MTB	B	0.05%	0.1%	0.05%
MTD	A	0.06%	0.04%	0.04%
MU	D	0.31%	0.45%	0.31%
NDAQ	B	0.06%	0.03%	0.03%
NEE	A	0.31%	0.26%	0.26%
NEM	A	0.1%	0.17%	0.1%
NFLX	D	0.63%	0.14%	0.14%
NI	A	0.01%	0.04%	0.01%
NKE	F	0.2%	0.17%	0.17%
NOC	A	0.13%	0.2%	0.13%
NOW	B	0.35%	0.01%	0.01%
NSC	B	0.1%	0.2%	0.1%
NTAP	C	0.06%	0.09%	0.06%
NTRS	B	0.04%	0.07%	0.04%
NUE	F	0.08%	0.2%	0.08%
NVDA	D	6.23%	0.37%	0.37%
NVR	A	0.05%	0.08%	0.05%
NWSA	C	0.02%	0.04%	0.02%
O	A	0.1%	0.04%	0.04%
ODFL	B	0.07%	0.05%	0.05%
OKE	B	0.1%	0.12%	0.1%
OMC	B	0.04%	0.08%	0.04%
ON	D	0.06%	0.04%	0.04%
ORCL	B	0.5%	0.4%	0.4%
ORLY	A	0.13%	0.1%	0.1%
OTIS	D	0.08%	0.05%	0.05%
OXY	F	0.08%	0.13%	0.08%
PANW	C	0.24%	0.03%	0.03%
PAYX	A	0.08%	0.06%	0.06%
PCAR	F	0.12%	0.13%	0.12%
PCG	A	0.1%	0.03%	0.03%
PEG	A	0.08%	0.1%	0.08%
PEP	B	0.49%	0.45%	0.45%
PFE	B	0.34%	0.79%	0.34%
PFG	C	0.04%	0.08%	0.04%
PG	B	0.84%	0.83%	0.83%
PGR	B	0.26%	0.22%	0.22%
PH	B	0.14%	0.11%	0.11%
PHM	B	0.05%	0.12%	0.05%
PKG	A	0.04%	0.07%	0.04%
PLD	B	0.22%	0.08%	0.08%
PM	A	0.34%	0.47%	0.34%
PNC	B	0.13%	0.3%	0.13%
POOL	B	0.01%	0.02%	0.01%
PPG	F	0.06%	0.08%	0.06%
PPL	A	0.04%	0.11%	0.04%
PRU	B	0.09%	0.25%	0.09%
PSA	B	0.1%	0.05%	0.05%
PSX	C	0.13%	0.41%	0.13%
PWR	D	0.08%	0.06%	0.06%
PYPL	C	0.13%	0.16%	0.13%
QCOM	D	0.48%	0.51%	0.48%
REGN	A	0.23%	0.15%	0.15%
RF	B	0.04%	0.08%	0.04%
RJF	F	0.05%	0.04%	0.04%
RMD	B	0.06%	0.03%	0.03%
ROK	D	0.07%	0.06%	0.06%
ROP	D	0.13%	0.05%	0.05%
ROST	D	0.11%	0.08%	0.08%
RSG	B	0.09%	0.06%	0.06%
RTX	A	0.29%	0.35%	0.29%
SBAC	B	0.05%	0.02%	0.02%
SBUX	F	0.19%	0.21%	0.19%
SCHW	F	0.23%	0.11%	0.11%
SHW	A	0.15%	0.08%	0.08%
SJM	B	0.01%	0.06%	0.01%
SLB	C	0.15%	0.14%	0.14%
SNA	B	0.03%	0.04%	0.03%
SNPS	F	0.2%	0.03%	0.03%
SO	A	0.18%	0.27%	0.18%
SPG	B	0.1%	0.1%	0.1%
SPGI	A	0.31%	0.14%	0.14%
SQ	F	0.08%	0.02%	0.02%
SRE	A	0.1%	0.12%	0.1%
SSNC	A	0.03%	0.04%	0.03%
STE	A	0.05%	0.03%	0.03%
STLD	C	0.02%	0.11%	0.02%
STT	B	0.05%	0.1%	0.05%
STX	C	0.05%	0.1%	0.05%
STZ	F	0.09%	0.08%	0.08%
SUI	A	0.03%	0.02%	0.02%
SWK	B	0.03%	0.08%	0.03%
SWKS	C	0.04%	0.06%	0.04%
SYF	C	0.04%	0.3%	0.04%
SYK	D	0.25%	0.12%	0.12%
SYY	B	0.08%	0.1%	0.08%
T	A	0.3%	1.21%	0.3%
TDG	D	0.15%	0.07%	0.07%
TDY	B	0.04%	0.02%	0.02%
TEL	C	0.1%	0.12%	0.1%
TER	D	0.05%	0.05%	0.05%
TFC	B	0.11%	0.24%	0.11%
TGT	C	0.15%	0.38%	0.15%
TJX	A	0.27%	0.23%	0.23%
TMO	A	0.46%	0.29%	0.29%
TMUS	A	0.2%	0.21%	0.2%
TRMB	F	0.03%	0.03%	0.03%
TROW	D	0.06%	0.12%	0.06%
TRU	B	0.03%	0.02%	0.02%
TRV	B	0.1%	0.28%	0.1%
TSCO	D	0.06%	0.06%	0.06%
TSLA	C	1.16%	0.18%	0.18%
TSN	A	0.04%	0.2%	0.04%
TT	B	0.16%	0.08%	0.08%
TTWO	F	0.05%	0.02%	0.02%
TXN	C	0.38%	0.36%	0.36%
TXT	B	0.04%	0.07%	0.04%
UBER	F	0.31%	0.03%	0.03%
UDR	B	0.01%	0.02%	0.01%
ULTA	F	0.04%	0.03%	0.03%
UNH	A	1.01%	1.22%	1.01%
UNP	B	0.3%	0.39%	0.3%
UPS	F	0.22%	0.25%	0.22%
URI	C	0.09%	0.13%	0.09%
USB	B	0.13%	0.31%	0.13%
V	D	0.82%	0.32%	0.32%
VICI	A	0.06%	0.02%	0.02%
VLO	B	0.11%	0.45%	0.11%
VMC	A	0.07%	0.05%	0.05%
VRSK	C	0.08%	0.04%	0.04%
VRSN	C	0.03%	0.01%	0.01%
VRTX	A	0.26%	0.08%	0.08%
VST	D	0.06%	0.1%	0.06%
VTR	A	0.04%	0.07%	0.04%
VTRS	B	0.03%	0.1%	0.03%
VZ	C	0.34%	1.21%	0.34%
WAB	D	0.06%	0.06%	0.06%
WAT	B	0.04%	0.04%	0.04%
WBA	F	0.02%	0.18%	0.02%
WBD	D	0.04%	0.06%	0.04%
WDC	F	0.05%	0.15%	0.05%
WEC	A	0.05%	0.08%	0.05%
WELL	A	0.13%	0.09%	0.09%
WFC	C	0.45%	1.25%	0.45%
WLK	D	0.01%	0.02%	0.01%
WM	C	0.18%	0.15%	0.15%
WMB	B	0.11%	0.14%	0.11%
WMT	B	0.65%	1.33%	0.65%
WPC	C	0.03%	0.02%	0.02%
WRB	B	0.03%	0.03%	0.03%
WST	F	0.05%	0.02%	0.02%
WTW	A	0.06%	0.07%	0.06%
WY	B	0.04%	0.09%	0.04%
XEL	B	0.06%	0.1%	0.06%
XOM	B	1.11%	2.03%	1.11%
XYL	D	0.07%	0.04%	0.04%
YUM	C	0.08%	0.08%	0.08%
ZBH	C	0.05%	0.05%	0.05%
ZBRA	B	0.03%	0.03%	0.03%
ZTS	B	0.15%	0.08%	0.08%

VV Overweight 55 Positions Relative to FNDX

Symbol	Grade	Weight
CRWD	F	0.19%
ABNB	F	0.13%
PLTR	C	0.11%
DXCM	F	0.1%
WCN	A	0.1%
WDAY	D	0.1%
SNOW	F	0.09%
SMCI	D	0.09%
COIN	C	0.09%
TTD	D	0.09%
RCL	C	0.08%
FICO	B	0.08%
DASH	D	0.08%
DDOG	F	0.08%
MPWR	C	0.08%
CSGP	C	0.07%
ALNY	A	0.07%
VRT	D	0.07%
PINS	F	0.06%
VEEV	C	0.06%
TEAM	D	0.06%
HUBS	F	0.06%
TYL	B	0.05%
VLTO	A	0.05%
NET	D	0.05%
ARES	B	0.05%
SNAP	F	0.04%
ZS	F	0.04%
MDB	F	0.04%
RBLX	C	0.04%
TW	A	0.03%
IBKR	D	0.03%
ENPH	F	0.03%
HEI	A	0.03%
ZM	F	0.03%
ROL	C	0.03%
OKTA	C	0.03%
LYV	C	0.03%
FDS	F	0.03%
BMRN	C	0.03%
UAL	F	0.03%
PODD	B	0.02%
BSY	F	0.02%
HEI	A	0.02%
RPRX	C	0.02%
INCY	C	0.02%
MSTR	C	0.02%
AGR	B	0.01%
FOX	A	0.01%
NWS	C	0.01%
WMG	F	0.01%
TPL	B	0.01%
ZG	D	0.0%
RKT	C	0.0%
EDR	A	0.0%

VV Underweight 286 Positions Relative to FNDX

Symbol	Grade	Weight
LUMN	B	-0.17%
BG	C	-0.13%
ALLY	B	-0.13%
SW	F	-0.12%
UHS	A	-0.1%
NRG	D	-0.1%
PARA	D	-0.1%
NXPI	D	-0.09%
X	B	-0.09%
RS	C	-0.09%
JLL	B	-0.09%
AVT	D	-0.08%
THC	B	-0.08%
MHK	B	-0.08%
EMN	B	-0.08%
ARW	C	-0.08%
CHRW	A	-0.07%
WHR	C	-0.07%
KSS	D	-0.07%
OGN	B	-0.07%
AN	B	-0.06%
TOL	B	-0.06%
CASY	B	-0.06%
DINO	D	-0.06%
CMA	B	-0.06%
VFC	B	-0.06%
QRVO	C	-0.06%
KD	C	-0.06%
DVA	D	-0.06%
FLEX	D	-0.06%
ZION	C	-0.06%
M	D	-0.06%
WSM	C	-0.06%
LNC	B	-0.06%
OMF	C	-0.06%
R	B	-0.06%
LEA	C	-0.06%
MOS	D	-0.06%
OC	B	-0.06%
USFD	C	-0.06%
MUSA	A	-0.05%
DKS	D	-0.05%
ORI	A	-0.05%
UGI	A	-0.05%
PFGC	D	-0.05%
HII	C	-0.05%
TAP	C	-0.05%
DXC	C	-0.05%
IVZ	B	-0.05%
UNM	A	-0.05%
BXP	B	-0.05%
AA	F	-0.05%
BWA	C	-0.05%
CSL	C	-0.05%
EQH	B	-0.05%
LAD	B	-0.05%
JBL	F	-0.05%
EME	D	-0.05%
JEF	B	-0.05%
MAN	B	-0.05%
JNPR	A	-0.05%
OVV	F	-0.05%
TRGP	A	-0.05%
PNR	B	-0.04%
RPM	B	-0.04%
CNO	B	-0.04%
CNH	F	-0.04%
WSO	C	-0.04%
NXST	B	-0.04%
FL	B	-0.04%
BAP	C	-0.04%
LPX	B	-0.04%
AYI	D	-0.04%
PBF	F	-0.04%
SANM	B	-0.04%
CLF	F	-0.04%
BLDR	C	-0.04%
ATO	A	-0.04%
MTH	B	-0.04%
UFPI	B	-0.04%
BCC	C	-0.04%
AMG	B	-0.04%
CCK	B	-0.04%
HUN	D	-0.04%
TPR	D	-0.04%
VNO	B	-0.04%
KNX	B	-0.04%
TMHC	B	-0.04%
AAP	D	-0.04%
APA	C	-0.04%
DOX	B	-0.04%
SLM	C	-0.04%
ZIM	D	-0.04%
THO	C	-0.04%
FAF	B	-0.04%
SFM	A	-0.04%
ACM	B	-0.04%
OSK	D	-0.04%
WU	D	-0.04%
TDS	B	-0.04%
JXN	B	-0.04%
GPS	D	-0.04%
INGR	A	-0.04%
BERY	B	-0.04%
PVH	F	-0.04%
EVR	B	-0.04%
PNW	A	-0.04%
AFG	B	-0.04%
ALSN	A	-0.04%
RGA	A	-0.04%
HSIC	B	-0.04%
GPI	B	-0.04%
GT	F	-0.04%
CC	F	-0.03%
CAR	F	-0.03%
PK	F	-0.03%
AIZ	B	-0.03%
ABM	A	-0.03%
SON	D	-0.03%
SCI	B	-0.03%
LSTR	B	-0.03%
ALV	D	-0.03%
HOG	B	-0.03%
MTG	B	-0.03%
FFIV	B	-0.03%
AOS	C	-0.03%
SNX	D	-0.03%
ABG	B	-0.03%
NSIT	C	-0.03%
ITT	B	-0.03%
VOYA	F	-0.03%
SNV	B	-0.03%
FMC	B	-0.03%
BC	C	-0.03%
KIM	A	-0.03%
ARMK	B	-0.03%
NOV	B	-0.03%
RL	D	-0.03%
JHG	B	-0.03%
AER	C	-0.03%
GL	C	-0.03%
SEE	B	-0.03%
FLR	C	-0.03%
CHKP	A	-0.03%
SLG	B	-0.03%
GNTX	F	-0.03%
RRX	B	-0.03%
BPOP	B	-0.03%
BBWI	F	-0.03%
SWN	F	-0.03%
OGE	A	-0.03%
EWBC	C	-0.03%
LII	B	-0.03%
CCEP	C	-0.03%
QRTEA	D	-0.03%
MLI	B	-0.03%
MTZ	D	-0.03%
FHN	C	-0.03%
CG	B	-0.03%
FYBR	A	-0.03%
OLN	F	-0.03%
DECK	D	-0.03%
GPK	B	-0.03%
HBI	B	-0.03%
CACI	A	-0.03%
RHI	F	-0.03%
GNW	B	-0.03%
AGCO	F	-0.03%
KBH	B	-0.03%
TPH	C	-0.03%
CMC	B	-0.03%
BAH	D	-0.03%
HAS	B	-0.03%
NWL	B	-0.03%
SOLV	B	-0.03%
WCC	F	-0.03%
MTN	D	-0.02%
DK	D	-0.02%
TNL	C	-0.02%
CNX	B	-0.02%
AEO	D	-0.02%
OI	C	-0.02%
VAC	F	-0.02%
CRI	F	-0.02%
AMCR	A	-0.02%
CZR	D	-0.02%
LILAK	B	-0.02%
LEG	D	-0.02%
UNFI	C	-0.02%
CYH	B	-0.02%
MIDD	B	-0.02%
ADNT	F	-0.02%
FLO	C	-0.02%
BLD	C	-0.02%
UHAL	B	-0.02%
ICLR	B	-0.02%
XRAY	C	-0.02%
PRGO	C	-0.02%
ALLE	B	-0.02%
DAN	D	-0.02%
WERN	B	-0.02%
HRB	A	-0.02%
ASO	F	-0.02%
PENN	D	-0.02%
GXO	C	-0.02%
JWN	B	-0.02%
POR	A	-0.02%
CHK	F	-0.02%
HUBG	B	-0.02%
NFG	A	-0.02%
NDSN	C	-0.02%
FTI	B	-0.02%
TKR	B	-0.02%
SM	D	-0.02%
RUSHA	A	-0.02%
GGG	C	-0.02%
KBR	B	-0.02%
TFX	B	-0.02%
MPW	D	-0.02%
GLPI	B	-0.02%
ASGN	D	-0.02%
TPX	C	-0.02%
DAR	C	-0.02%
LECO	C	-0.02%
ACI	F	-0.02%
MKSI	D	-0.02%
POST	A	-0.02%
STWD	B	-0.02%
BECN	B	-0.02%
BTU	D	-0.02%
CPT	A	-0.02%
TGNA	C	-0.02%
G	B	-0.02%
NAVI	C	-0.02%
ATR	A	-0.02%
AL	C	-0.02%
BRX	B	-0.02%
GNRC	C	-0.02%
EXP	B	-0.02%
TTC	C	-0.02%
CPRI	D	-0.02%
PAG	B	-0.02%
ODP	D	-0.02%
FCNCA	B	-0.02%
JKHY	B	-0.02%
REZI	C	-0.02%
REG	A	-0.02%
XRX	F	-0.02%
AXTA	A	-0.02%
NVT	D	-0.02%
PRI	A	-0.02%
DCI	B	-0.02%
CTLT	A	-0.02%
THG	A	-0.02%
LAMR	B	-0.02%
MUR	F	-0.02%
CW	A	-0.02%
IEX	D	-0.02%
SEIC	B	-0.02%
CIEN	B	-0.02%
ST	D	-0.02%
SKX	D	-0.02%
SAIC	C	-0.02%
EHC	A	-0.02%
PII	D	-0.02%
MDU	B	-0.02%
AR	D	-0.02%
BJ	C	-0.02%
ALK	F	-0.01%
CNXC	C	-0.01%
COHR	C	-0.01%
MATX	B	-0.01%
HTZ	F	-0.01%
DBX	D	-0.01%
ANDE	C	-0.01%
CHE	B	-0.01%
WTRG	A	-0.01%
MSM	C	-0.01%
VSH	C	-0.01%
JAZZ	C	-0.01%
CRL	B	-0.01%
ARCH	F	-0.01%
SPTN	B	-0.01%
MMS	B	-0.01%
BIG	F	-0.0%
AAL	F	-0.0%