AVUV vs. VBR ETF Comparison

Comparison of Avantis U.S. Small Cap Value ETF (AVUV) to Vanguard Small-Cap Value ETF - DNQ (VBR)

AVUV

Avantis U.S. Small Cap Value ETF

AVUV Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of U.S. small cap companies across market sectors and industry groups. Under normal market conditions, it will invest at least 80% of its assets in securities of small capitalization companies located in the United States. The fund also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$104.53

Average Daily Volume

777,280

Number of Holdings ^*

717

* may have additional holdings in another (foreign) market

VBR

Vanguard Small-Cap Value ETF - DNQ

VBR Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Value Index, a broadly diversified index of value stocks of small U.S. companies. 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

$213.68

Average Daily Volume

430,349

Number of Holdings ^*

794

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	VBR
30 Days	7.10%	5.18%
60 Days	7.60%	6.13%
90 Days	7.64%	7.24%
12 Months	30.52%	32.19%

251 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in VBR	Overlap
AAP	D	0.2%	0.06%	0.06%
ABCB	B	0.24%	0.12%	0.12%
ACDC	B	0.02%	0.0%	0.0%
ACT	C	0.11%	0.03%	0.03%
AEO	F	0.54%	0.1%	0.1%
AGO	B	0.45%	0.12%	0.12%
AIN	C	0.0%	0.06%	0.0%
AL	B	0.8%	0.13%	0.13%
ALIT	C	0.08%	0.08%	0.08%
ALK	B	0.9%	0.18%	0.18%
AM	A	0.14%	0.14%	0.14%
AMBC	C	0.06%	0.01%	0.01%
AMCX	C	0.04%	0.0%	0.0%
AMKR	D	0.07%	0.08%	0.07%
ANDE	D	0.29%	0.04%	0.04%
ANF	F	0.42%	0.2%	0.2%
APOG	C	0.3%	0.05%	0.05%
ARCB	C	0.36%	0.07%	0.07%
ARCH	B	0.53%	0.07%	0.07%
AROC	A	0.65%	0.09%	0.09%
ASB	B	0.27%	0.1%	0.1%
ASH	F	0.04%	0.11%	0.04%
ASO	F	0.24%	0.11%	0.11%
ASTE	C	0.0%	0.02%	0.0%
ATKR	D	0.37%	0.09%	0.09%
ATSG	B	0.28%	0.03%	0.03%
AVT	C	0.51%	0.14%	0.14%
AX	B	0.59%	0.11%	0.11%
AXL	C	0.13%	0.02%	0.02%
AXS	A	0.39%	0.17%	0.17%
BANF	B	0.0%	0.06%	0.0%
BANR	B	0.28%	0.06%	0.06%
BCC	B	0.83%	0.15%	0.15%
BFH	C	0.42%	0.07%	0.07%
BGS	F	0.07%	0.02%	0.02%
BHE	C	0.28%	0.04%	0.04%
BHF	C	0.45%	0.08%	0.08%
BHLB	B	0.1%	0.03%	0.03%
BJRI	C	0.13%	0.01%	0.01%
BKD	F	0.05%	0.03%	0.03%
BKE	B	0.23%	0.04%	0.04%
BKU	A	0.35%	0.08%	0.08%
BOH	B	0.3%	0.08%	0.08%
BPOP	C	0.21%	0.19%	0.19%
BRKL	B	0.12%	0.03%	0.03%
BTU	B	0.54%	0.09%	0.09%
CABO	B	0.12%	0.04%	0.04%
CAKE	C	0.32%	0.06%	0.06%
CAL	F	0.19%	0.01%	0.01%
CARS	C	0.12%	0.03%	0.03%
CATY	B	0.42%	0.09%	0.09%
CBRL	C	0.14%	0.03%	0.03%
CBT	D	0.74%	0.17%	0.17%
CC	C	0.17%	0.08%	0.08%
CENT	C	0.04%	0.01%	0.01%
CENTA	C	0.22%	0.04%	0.04%
CHCO	B	0.04%	0.05%	0.04%
CLF	F	0.04%	0.18%	0.04%
CMA	B	0.02%	0.25%	0.02%
CMC	B	0.22%	0.18%	0.18%
CNDT	C	0.03%	0.01%	0.01%
CNO	B	0.58%	0.1%	0.1%
CNX	A	0.78%	0.14%	0.14%
COLB	B	0.5%	0.17%	0.17%
COLM	C	0.37%	0.04%	0.04%
CRC	A	0.72%	0.12%	0.12%
CRCT	F	0.03%	0.01%	0.01%
CRGY	B	0.27%	0.05%	0.05%
CRI	F	0.28%	0.05%	0.05%
CVBF	A	0.04%	0.08%	0.04%
CVI	F	0.07%	0.02%	0.02%
DAN	D	0.2%	0.03%	0.03%
DDS	B	0.06%	0.05%	0.05%
DNOW	B	0.11%	0.04%	0.04%
DXC	B	0.69%	0.1%	0.1%
EBC	B	0.03%	0.09%	0.03%
ECPG	C	0.0%	0.03%	0.0%
EGBN	B	0.09%	0.01%	0.01%
EIG	B	0.15%	0.04%	0.04%
ENS	F	0.26%	0.11%	0.11%
ESGR	B	0.29%	0.11%	0.11%
ESNT	F	0.22%	0.18%	0.18%
FBP	C	0.43%	0.09%	0.09%
FCF	B	0.2%	0.05%	0.05%
FDP	B	0.15%	0.04%	0.04%
FFBC	B	0.02%	0.07%	0.02%
FG	A	0.05%	0.02%	0.02%
FIBK	B	0.02%	0.08%	0.02%
FL	F	0.16%	0.06%	0.06%
FNB	A	0.31%	0.15%	0.15%
FOR	F	0.09%	0.02%	0.02%
FRME	B	0.11%	0.06%	0.06%
FULT	A	0.33%	0.1%	0.1%
FYBR	C	0.25%	0.26%	0.25%
GAP	C	0.11%	0.15%	0.11%
GATX	A	0.91%	0.14%	0.14%
GBX	A	0.33%	0.05%	0.05%
GES	F	0.09%	0.01%	0.01%
GHC	B	0.02%	0.08%	0.02%
GIII	D	0.23%	0.03%	0.03%
GNW	A	0.27%	0.09%	0.09%
GT	C	0.51%	0.07%	0.07%
GVA	A	0.27%	0.11%	0.11%
HCC	B	0.64%	0.1%	0.1%
HEES	C	0.31%	0.05%	0.05%
HMN	B	0.01%	0.04%	0.01%
HOG	D	0.58%	0.11%	0.11%
HOPE	C	0.17%	0.04%	0.04%
HP	C	0.51%	0.04%	0.04%
HTH	C	0.06%	0.04%	0.04%
HTLD	C	0.07%	0.01%	0.01%
HTLF	B	0.14%	0.03%	0.03%
HTZ	C	0.04%	0.01%	0.01%
HUBG	A	0.39%	0.07%	0.07%
HWC	B	0.52%	0.13%	0.13%
HY	D	0.07%	0.02%	0.02%
IBOC	B	0.48%	0.1%	0.1%
IBTX	B	0.09%	0.06%	0.06%
INDB	B	0.17%	0.07%	0.07%
INSW	F	0.36%	0.03%	0.03%
INVA	D	0.12%	0.03%	0.03%
IPGP	D	0.0%	0.06%	0.0%
JBLU	F	0.28%	0.02%	0.02%
JELD	F	0.15%	0.03%	0.03%
JWN	D	0.35%	0.09%	0.09%
JXN	C	0.9%	0.22%	0.22%
KALU	C	0.18%	0.03%	0.03%
KBH	D	0.64%	0.15%	0.15%
KELYA	F	0.07%	0.02%	0.02%
KFRC	D	0.01%	0.03%	0.01%
KMT	B	0.37%	0.06%	0.06%
KNF	B	0.01%	0.16%	0.01%
KOP	C	0.0%	0.02%	0.0%
KRO	C	0.01%	0.01%	0.01%
KSS	F	0.39%	0.06%	0.06%
LC	A	0.14%	0.04%	0.04%
LCII	C	0.37%	0.04%	0.04%
LEA	F	0.02%	0.16%	0.02%
LPX	B	0.27%	0.18%	0.18%
LRN	A	0.04%	0.06%	0.04%
LZB	B	0.27%	0.05%	0.05%
M	F	0.54%	0.12%	0.12%
MATV	D	0.09%	0.02%	0.02%
MATX	C	0.97%	0.15%	0.15%
MCY	A	0.08%	0.05%	0.05%
MDU	D	0.54%	0.16%	0.16%
MHO	D	0.69%	0.06%	0.06%
MLI	B	0.94%	0.27%	0.27%
MRC	B	0.14%	0.03%	0.03%
MTG	C	0.38%	0.19%	0.19%
MTH	D	0.16%	0.19%	0.16%
MUR	D	0.23%	0.13%	0.13%
NAVI	F	0.15%	0.03%	0.03%
NBHC	C	0.12%	0.05%	0.05%
NBTB	B	0.09%	0.06%	0.06%
NNI	D	0.08%	0.04%	0.04%
NUS	D	0.03%	0.0%	0.0%
NWBI	B	0.11%	0.05%	0.05%
NX	C	0.14%	0.04%	0.04%
ODP	F	0.14%	0.03%	0.03%
OFG	B	0.26%	0.05%	0.05%
OLPX	D	0.0%	0.01%	0.0%
OMF	A	0.21%	0.17%	0.17%
ONB	C	0.42%	0.18%	0.18%
OXM	F	0.19%	0.03%	0.03%
OZK	B	0.54%	0.14%	0.14%
PBF	D	0.28%	0.08%	0.08%
PCRX	C	0.0%	0.02%	0.0%
PDCO	F	0.15%	0.05%	0.05%
PFS	B	0.14%	0.07%	0.07%
PFSI	C	0.22%	0.07%	0.07%
PHIN	A	0.38%	0.06%	0.06%
PII	F	0.31%	0.11%	0.11%
PINC	B	0.33%	0.06%	0.06%
PLXS	B	0.32%	0.11%	0.11%
PPBI	C	0.11%	0.07%	0.07%
PRA	C	0.02%	0.02%	0.02%
PRG	C	0.16%	0.05%	0.05%
PSMT	D	0.36%	0.06%	0.06%
PTEN	C	0.43%	0.09%	0.09%
PUMP	C	0.13%	0.02%	0.02%
PVH	C	0.14%	0.16%	0.14%
R	B	0.73%	0.18%	0.18%
RDN	D	0.64%	0.15%	0.15%
RGR	F	0.04%	0.02%	0.02%
SAFT	B	0.02%	0.03%	0.02%
SANM	B	0.4%	0.11%	0.11%
SATS	D	0.38%	0.09%	0.09%
SCHL	F	0.09%	0.01%	0.01%
SCL	C	0.17%	0.05%	0.05%
SCS	C	0.21%	0.03%	0.03%
SCSC	C	0.19%	0.03%	0.03%
SEB	F	0.07%	0.02%	0.02%
SF	B	0.01%	0.29%	0.01%
SFBS	C	0.08%	0.06%	0.06%
SFM	A	0.71%	0.38%	0.38%
SFNC	C	0.03%	0.08%	0.03%
SIG	B	0.58%	0.11%	0.11%
SKYW	C	0.83%	0.11%	0.11%
SLM	A	0.69%	0.14%	0.14%
SM	B	0.83%	0.07%	0.07%
SNDR	B	0.17%	0.03%	0.03%
SNV	C	0.29%	0.2%	0.2%
SPNT	B	0.2%	0.04%	0.04%
STBA	B	0.16%	0.04%	0.04%
SUPN	C	0.22%	0.05%	0.05%
SWBI	C	0.08%	0.01%	0.01%
TCBI	C	0.31%	0.1%	0.1%
TDS	B	0.55%	0.08%	0.08%
TEX	F	0.52%	0.1%	0.1%
THG	A	0.09%	0.14%	0.09%
THO	B	0.54%	0.15%	0.15%
TILE	B	0.26%	0.01%	0.01%
TMHC	C	0.1%	0.2%	0.1%
TMP	B	0.03%	0.02%	0.02%
TOWN	B	0.14%	0.06%	0.06%
TPH	D	0.37%	0.11%	0.11%
TRMK	C	0.17%	0.06%	0.06%
TRN	B	0.38%	0.08%	0.08%
TROX	D	0.09%	0.04%	0.04%
TTMI	C	0.22%	0.06%	0.06%
UA	C	0.06%	0.03%	0.03%
UAA	C	0.14%	0.05%	0.05%
UCB	A	0.03%	0.1%	0.03%
UFPI	C	0.07%	0.21%	0.07%
UMBF	B	0.6%	0.13%	0.13%
UNFI	A	0.2%	0.03%	0.03%
URBN	C	0.45%	0.07%	0.07%
USM	B	0.16%	0.03%	0.03%
USNA	C	0.05%	0.01%	0.01%
VC	F	0.22%	0.04%	0.04%
VLY	B	0.38%	0.12%	0.12%
VREX	B	0.0%	0.01%	0.0%
VRTS	B	0.07%	0.04%	0.04%
VSAT	F	0.05%	0.03%	0.03%
VSH	F	0.34%	0.06%	0.06%
VSTO	A	0.41%	0.03%	0.03%
WABC	B	0.18%	0.04%	0.04%
WAFD	B	0.33%	0.08%	0.08%
WAL	B	0.11%	0.25%	0.11%
WD	D	0.33%	0.1%	0.1%
WERN	C	0.42%	0.06%	0.06%
WKC	C	0.16%	0.04%	0.04%
WMK	C	0.18%	0.03%	0.03%
WNC	C	0.14%	0.02%	0.02%
WOR	F	0.15%	0.03%	0.03%
WRLD	C	0.03%	0.01%	0.01%
WSFS	B	0.28%	0.09%	0.09%
WTFC	A	0.27%	0.23%	0.23%
WTM	A	0.05%	0.13%	0.05%
ZION	B	0.09%	0.22%	0.09%

AVUV Overweight 466 Positions Relative to VBR

Symbol	Grade	Weight
HRI	C	0.88%
IDCC	B	0.77%
MGY	A	0.73%
NOG	B	0.65%
CALM	A	0.63%
POWL	C	0.59%
MARA	B	0.54%
CEIX	A	0.53%
LBRT	D	0.51%
SLVM	B	0.46%
AMR	C	0.46%
STNG	F	0.45%
ALKS	C	0.39%
NMIH	C	0.39%
OII	B	0.39%
AGX	B	0.36%
PLUS	F	0.36%
TBBK	B	0.35%
SNEX	B	0.33%
STRL	A	0.3%
KOS	D	0.29%
TALO	C	0.27%
PLAB	C	0.27%
HLX	B	0.26%
EFSC	B	0.25%
CASH	B	0.25%
CUBI	B	0.23%
AGM	B	0.23%
CRK	B	0.22%
WTTR	A	0.22%
HHH	B	0.22%
DHT	F	0.21%
PRDO	B	0.21%
HWKN	B	0.21%
NTB	B	0.21%
ALGT	B	0.21%
CIVI	D	0.2%
BXC	B	0.2%
SXC	A	0.2%
PAYO	A	0.2%
LPG	F	0.19%
TPC	C	0.19%
SFL	D	0.19%
OPEN	F	0.19%
WGO	C	0.19%
IRDM	D	0.19%
IMKTA	C	0.18%
QCRH	B	0.18%
KRP	B	0.18%
SASR	B	0.18%
GLNG	C	0.17%
MRTN	D	0.17%
HRMY	D	0.17%
MCRI	A	0.17%
BUSE	B	0.16%
DIOD	D	0.16%
DOLE	D	0.16%
PLYA	B	0.15%
OEC	C	0.15%
DCOM	B	0.14%
PARR	F	0.14%
PTGX	D	0.14%
BELFB	C	0.14%
GNK	D	0.13%
STNE	F	0.13%
OCFC	B	0.13%
PEBO	B	0.13%
PFC	B	0.12%
PLMR	A	0.12%
VBTX	B	0.12%
AMPH	F	0.12%
MBUU	B	0.12%
RYI	C	0.12%
MTDR	B	0.12%
KLG	B	0.12%
DAKT	C	0.11%
ETD	C	0.11%
OBK	C	0.11%
MTUS	C	0.11%
CTBI	B	0.11%
EBS	C	0.11%
SCVL	F	0.11%
EGY	D	0.11%
ASIX	B	0.11%
RIG	D	0.11%
SGHC	A	0.11%
NBR	C	0.11%
CNOB	B	0.11%
CNXN	C	0.11%
TCBK	C	0.11%
HAFC	B	0.1%
SNCY	C	0.1%
FMBH	B	0.1%
REX	D	0.1%
MBIN	F	0.1%
OSBC	A	0.1%
SPTN	D	0.1%
AMAL	B	0.1%
PAGS	F	0.1%
NR	B	0.1%
MBWM	B	0.1%
PATK	C	0.1%
VTOL	B	0.1%
UVSP	B	0.1%
IBCP	B	0.1%
RYAM	C	0.1%
BY	B	0.1%
CPF	B	0.1%
AMRC	F	0.1%
NBN	C	0.09%
SYBT	B	0.09%
IIIN	C	0.09%
CLW	F	0.09%
HCI	C	0.09%
UTI	B	0.09%
RES	D	0.09%
ASC	F	0.09%
CLVT	D	0.08%
BFST	C	0.08%
NGVC	A	0.08%
FBMS	B	0.08%
HOV	D	0.08%
TGLS	B	0.08%
TRST	B	0.08%
PAHC	C	0.08%
MCS	B	0.08%
ENLC	A	0.08%
MCB	B	0.08%
ANET	C	0.08%
CHX	C	0.08%
BBW	C	0.08%
SMP	C	0.08%
KLIC	B	0.08%
NTGR	B	0.08%
NAT	F	0.08%
GLDD	B	0.08%
CFB	B	0.08%
CCNE	C	0.07%
HTBK	B	0.07%
GRNT	B	0.07%
MSBI	B	0.07%
UVE	B	0.07%
SMBC	B	0.07%
GSBC	C	0.07%
LOVE	A	0.07%
PFBC	B	0.07%
LMB	B	0.07%
SKWD	A	0.07%
WASH	C	0.07%
CMRE	C	0.07%
ZEUS	C	0.07%
LXU	B	0.07%
RDUS	B	0.07%
RBCAA	B	0.07%
ACCO	C	0.06%
AROW	B	0.06%
OPY	B	0.06%
CVGW	D	0.06%
REPX	A	0.06%
SD	D	0.06%
CCB	A	0.06%
IESC	C	0.06%
CCRN	F	0.06%
THFF	B	0.06%
EBF	F	0.06%
ESQ	B	0.06%
OSCR	D	0.06%
ULH	C	0.06%
HTBI	B	0.06%
PGC	B	0.06%
VTLE	C	0.06%
LXFR	C	0.05%
SIGA	F	0.05%
KE	C	0.05%
BVS	D	0.05%
APEI	B	0.05%
BRY	F	0.05%
SB	F	0.05%
ARHS	F	0.05%
GDOT	D	0.05%
SBSI	C	0.05%
AMTB	B	0.05%
MCBS	B	0.05%
NRIM	A	0.05%
HVT	D	0.05%
THRM	F	0.05%
SPFI	C	0.05%
FISI	B	0.05%
NFBK	C	0.05%
ORRF	B	0.05%
MCFT	C	0.05%
JBSS	F	0.05%
GPOR	B	0.05%
OSUR	F	0.05%
SMBK	B	0.05%
CVEO	F	0.05%
ODC	B	0.05%
FFIC	B	0.05%
HPK	B	0.05%
BHB	C	0.05%
HBNC	B	0.05%
SBLK	F	0.05%
CAC	C	0.05%
METC	C	0.05%
NWPX	A	0.05%
USAP	B	0.05%
GDEN	B	0.05%
TNC	D	0.05%
HRTG	C	0.04%
FNKO	D	0.04%
ATNI	F	0.04%
CARE	C	0.04%
VIRC	B	0.04%
CCBG	B	0.04%
USLM	A	0.04%
DBI	F	0.04%
FSBC	C	0.04%
GCO	C	0.04%
ZIMV	D	0.04%
HNRG	B	0.04%
MPB	B	0.04%
MOV	D	0.04%
VLGEA	C	0.04%
RBB	B	0.04%
TWI	F	0.04%
DXLG	D	0.03%
ACIC	B	0.03%
XPRO	D	0.03%
ORN	B	0.03%
MED	D	0.03%
FLXS	B	0.03%
BANC	B	0.03%
NATR	C	0.03%
IPI	C	0.03%
CENX	B	0.03%
LOB	C	0.03%
FBK	C	0.03%
GPRE	F	0.03%
SRCE	B	0.03%
PKOH	C	0.03%
LYTS	B	0.03%
KRT	B	0.03%
DHIL	B	0.03%
EZPW	B	0.03%
RNGR	A	0.03%
MYE	F	0.03%
GRBK	D	0.03%
HFWA	C	0.03%
LE	D	0.03%
SHBI	B	0.03%
AOSL	C	0.03%
MOFG	B	0.03%
VPG	F	0.03%
SGC	C	0.03%
FLIC	B	0.03%
TH	C	0.03%
PANL	F	0.03%
AMPY	C	0.03%
LKFN	C	0.03%
GLRE	B	0.03%
FLWS	D	0.03%
JAKK	C	0.03%
HSII	B	0.03%
GHM	A	0.02%
IMMR	C	0.02%
PBYI	C	0.02%
VRA	C	0.02%
PUBM	C	0.02%
EPM	A	0.02%
HBCP	C	0.02%
LEGH	D	0.02%
FSTR	B	0.02%
ESOA	B	0.02%
FRBA	D	0.02%
FBNC	B	0.02%
RICK	B	0.02%
BFC	B	0.02%
IMXI	B	0.02%
OIS	B	0.02%
WTBA	B	0.02%
HBT	B	0.02%
HIFS	C	0.02%
ALRS	D	0.02%
CASS	C	0.02%
MNTK	F	0.02%
BMRC	B	0.02%
UNTY	B	0.02%
CIVB	B	0.02%
CMT	C	0.02%
ANIP	F	0.02%
KODK	B	0.02%
TCBX	B	0.02%
MERC	F	0.02%
EQBK	B	0.02%
FFWM	C	0.02%
SFST	B	0.02%
HBB	F	0.02%
HOFT	B	0.02%
INBK	B	0.02%
BSRR	B	0.02%
RM	C	0.02%
HONE	C	0.02%
FIVE	F	0.02%
FSBW	C	0.02%
WLFC	B	0.02%
NEU	D	0.02%
FMNB	B	0.02%
SWIM	C	0.02%
MEI	F	0.02%
FIGS	F	0.02%
REI	D	0.02%
PLPC	B	0.02%
SHEN	F	0.02%
TTI	B	0.02%
TBI	F	0.02%
HDSN	F	0.02%
RCKY	F	0.02%
FBIZ	B	0.02%
ACNB	B	0.02%
BWB	B	0.02%
UBFO	A	0.01%
MTRX	B	0.01%
EVC	C	0.01%
BSET	C	0.01%
PWOD	A	0.01%
VNDA	C	0.01%
BSVN	B	0.01%
COFS	A	0.01%
TSBK	A	0.01%
KEQU	B	0.01%
SONO	C	0.01%
FRST	B	0.01%
FCBC	C	0.01%
LSEA	D	0.01%
KLXE	C	0.01%
CBNK	B	0.01%
ISTR	B	0.01%
OPBK	B	0.01%
BWFG	B	0.01%
NC	B	0.01%
LFVN	C	0.01%
LCUT	F	0.01%
JRVR	F	0.01%
LWAY	C	0.01%
MPAA	B	0.01%
ATLC	A	0.01%
GABC	B	0.01%
IBEX	B	0.01%
LNTH	D	0.01%
FUNC	B	0.01%
CBAN	B	0.01%
BCML	B	0.01%
APLD	B	0.01%
METCB	F	0.01%
VEL	A	0.01%
ACTG	D	0.01%
PKBK	A	0.01%
GNTY	A	0.01%
FLL	C	0.01%
LTH	C	0.01%
GEOS	B	0.01%
ACU	C	0.01%
UFCS	A	0.01%
LNN	B	0.01%
ITIC	A	0.01%
AMSF	B	0.01%
TTSH	F	0.01%
ALTG	C	0.01%
HMST	F	0.01%
EBTC	C	0.01%
MFIN	B	0.01%
NGS	B	0.01%
SRI	F	0.01%
EVBN	B	0.01%
FF	F	0.01%
PCB	B	0.01%
BELFA	D	0.01%
CVGI	F	0.01%
RLGT	B	0.01%
CLAR	D	0.01%
WSBF	C	0.01%
NNBR	C	0.01%
MVBF	C	0.01%
MYRG	B	0.01%
MTW	C	0.01%
MWA	B	0.01%
TAYD	D	0.01%
AVO	C	0.01%
UEIC	B	0.01%
BCBP	B	0.01%
TG	D	0.01%
KRNY	C	0.01%
RMAX	C	0.01%
OBT	C	0.01%
MEC	F	0.01%
CPHC	C	0.0%
AVNW	F	0.0%
MRBK	A	0.0%
NKSH	C	0.0%
SRTS	B	0.0%
MNSB	C	0.0%
WNEB	A	0.0%
KVHI	B	0.0%
PLBC	A	0.0%
FGBI	A	0.0%
ESCA	B	0.0%
MYFW	B	0.0%
UTMD	F	0.0%
LAKE	B	0.0%
ATLO	C	0.0%
VABK	B	0.0%
FDBC	C	0.0%
CNTY	B	0.0%
PVBC	B	0.0%
AOUT	B	0.0%
WOW	C	0.0%
PHX	A	0.0%
PDEX	C	0.0%
BCAL	B	0.0%
NEWT	C	0.0%
WEYS	C	0.0%
OB	B	0.0%
MYPS	C	0.0%
LPRO	B	0.0%
ZUMZ	B	0.0%
DLTH	D	0.0%
UFI	D	0.0%
CSPI	C	0.0%
SPWH	F	0.0%
NWFL	C	0.0%
TBNK	B	0.0%
CZFS	B	0.0%
NIC	B	0.0%
VHI	D	0.0%
RRBI	A	0.0%
FVCB	B	0.0%
CRD.B	D	0.0%
EML	D	0.0%
CHMG	B	0.0%
QUAD	C	0.0%
FONR	D	0.0%
EPSN	B	0.0%
CCRD	B	0.0%
PFIS	A	0.0%
KINS	B	0.0%
CFFI	A	0.0%
CATO	D	0.0%
PEBK	B	0.0%
CBFV	A	0.0%
RVSB	B	0.0%
OVLY	B	0.0%
BOOM	F	0.0%
HWBK	B	0.0%
FNLC	C	0.0%
TWIN	F	0.0%
PNRG	A	0.0%
PYXS	D	0.0%
FET	F	0.0%
CPSS	B	0.0%
FRAF	A	0.0%
BFIN	B	0.0%
SEG	B	0.0%
GIC	D	0.0%
MPX	C	0.0%
XBIT	F	0.0%
STKS	F	0.0%

AVUV Underweight 543 Positions Relative to VBR

Symbol	Grade	Weight
SW	A	-0.78%
BAH	F	-0.69%
EME	A	-0.61%
FCNCA	A	-0.61%
BLDR	D	-0.58%
ATO	A	-0.58%
CSL	C	-0.57%
NRG	B	-0.55%
UTHR	C	-0.49%
RPM	A	-0.48%
PNR	A	-0.48%
KIM	A	-0.47%
IEX	C	-0.47%
RS	B	-0.46%
OC	A	-0.45%
TOL	B	-0.44%
USFD	A	-0.44%
THC	D	-0.43%
ACM	B	-0.42%
EQH	C	-0.42%
RGA	A	-0.41%
FFIV	B	-0.4%
RNR	C	-0.4%
JBL	C	-0.39%
WSM	C	-0.39%
EWBC	A	-0.39%
JLL	D	-0.38%
REG	A	-0.38%
GLPI	C	-0.38%
TTEK	F	-0.38%
PFGC	B	-0.37%
JNPR	D	-0.37%
ALLE	C	-0.36%
EMN	C	-0.36%
CACI	D	-0.36%
LDOS	C	-0.36%
CPT	B	-0.36%
NVT	B	-0.36%
BG	D	-0.35%
SJM	D	-0.34%
CHRW	B	-0.34%
UHS	D	-0.34%
CG	B	-0.34%
AES	F	-0.34%
ATR	B	-0.33%
SCI	B	-0.33%
BJ	A	-0.33%
CCK	D	-0.33%
KMX	B	-0.33%
ITT	A	-0.33%
BXP	C	-0.33%
HUBB	B	-0.33%
TPR	B	-0.32%
OHI	C	-0.32%
IPG	D	-0.32%
RRX	B	-0.32%
EPAM	B	-0.3%
FBIN	D	-0.3%
OVV	B	-0.3%
AA	A	-0.3%
AIZ	A	-0.29%
ARMK	B	-0.29%
PNW	A	-0.29%
EHC	B	-0.29%
SOLV	D	-0.29%
WCC	B	-0.28%
TAP	C	-0.28%
TFX	F	-0.28%
GL	C	-0.28%
WTRG	B	-0.28%
UNM	A	-0.28%
STLD	B	-0.28%
ALLY	C	-0.28%
EVR	B	-0.28%
LKQ	F	-0.28%
AFG	A	-0.28%
JEF	A	-0.27%
Z	A	-0.27%
AYI	B	-0.27%
FRT	B	-0.27%
FHN	A	-0.27%
ALSN	B	-0.27%
PRI	B	-0.27%
APA	D	-0.26%
SEIC	B	-0.26%
DTM	A	-0.26%
AAL	B	-0.26%
DCI	B	-0.26%
WBS	A	-0.26%
AIT	B	-0.26%
LAD	A	-0.26%
HSIC	C	-0.26%
KBR	F	-0.26%
FLR	B	-0.26%
MUSA	B	-0.26%
APG	B	-0.25%
GPK	C	-0.25%
GME	C	-0.25%
MOS	F	-0.25%
INGR	C	-0.25%
NYT	D	-0.25%
HAS	D	-0.25%
VFC	C	-0.24%
FMC	D	-0.24%
BRX	A	-0.24%
ORI	A	-0.24%
AXTA	B	-0.24%
HRB	D	-0.24%
EGP	D	-0.24%
CHRD	D	-0.23%
DKS	D	-0.23%
DOC	C	-0.23%
X	B	-0.23%
NI	A	-0.23%
VOYA	B	-0.23%
NNN	C	-0.23%
KNX	C	-0.23%
OGE	A	-0.23%
SAIC	F	-0.22%
SNX	D	-0.22%
IVZ	B	-0.22%
SSB	B	-0.22%
ADC	A	-0.22%
VNO	C	-0.22%
RL	C	-0.22%
CR	A	-0.22%
BWA	D	-0.22%
BERY	C	-0.22%
ESAB	C	-0.21%
COHR	B	-0.21%
MHK	D	-0.21%
XPO	B	-0.21%
CBSH	B	-0.21%
HII	F	-0.21%
AGNC	C	-0.21%
CFR	B	-0.21%
MKSI	C	-0.2%
RHI	C	-0.2%
QRVO	F	-0.2%
RLI	A	-0.2%
STAG	D	-0.2%
G	B	-0.2%
RRC	B	-0.2%
FLS	B	-0.2%
MAT	D	-0.2%
BIO	C	-0.2%
FR	D	-0.2%
MIDD	C	-0.2%
FCN	F	-0.2%
AGCO	D	-0.19%
JAZZ	B	-0.19%
LUMN	C	-0.19%
EVRG	A	-0.19%
UHAL	D	-0.19%
PB	B	-0.19%
KEX	B	-0.19%
OSK	C	-0.19%
CADE	B	-0.18%
MSA	F	-0.18%
BBWI	C	-0.18%
ELAN	D	-0.18%
DINO	D	-0.18%
STWD	C	-0.18%
FAF	A	-0.18%
ARW	D	-0.18%
VMI	B	-0.18%
WHR	B	-0.17%
BECN	B	-0.17%
VNT	C	-0.17%
NSIT	F	-0.17%
SRCL	B	-0.17%
ACI	C	-0.17%
LAMR	C	-0.17%
PARA	C	-0.17%
SUM	B	-0.17%
SIRI	C	-0.17%
DVA	C	-0.17%
CRUS	D	-0.17%
ESI	B	-0.17%
GBCI	B	-0.17%
LNC	C	-0.17%
NXST	C	-0.16%
COOP	B	-0.16%
MOG.A	B	-0.16%
AMG	B	-0.16%
IDA	A	-0.16%
SIGI	C	-0.16%
NFG	A	-0.16%
TPG	A	-0.16%
ALB	B	-0.16%
NCLH	B	-0.16%
UBSI	B	-0.15%
UGI	C	-0.15%
SON	F	-0.15%
PSN	D	-0.15%
ST	F	-0.15%
VVV	D	-0.15%
WTS	B	-0.15%
TKR	D	-0.15%
AN	C	-0.15%
JHG	B	-0.15%
BC	C	-0.15%
KD	B	-0.15%
GPI	B	-0.14%
BDC	C	-0.14%
RYN	D	-0.14%
CUZ	B	-0.14%
XRAY	F	-0.14%
KRC	B	-0.14%
KTB	B	-0.14%
PIPR	A	-0.14%
MDGL	B	-0.14%
OLN	F	-0.14%
OGN	F	-0.14%
AUR	C	-0.14%
POR	C	-0.14%
SLG	B	-0.14%
HOMB	A	-0.14%
ZWS	B	-0.14%
RIVN	F	-0.13%
PR	B	-0.13%
BCO	F	-0.13%
EAT	A	-0.13%
FFIN	B	-0.13%
LYFT	C	-0.13%
SWX	B	-0.13%
SBRA	C	-0.13%
NJR	A	-0.13%
ABG	C	-0.13%
GTES	A	-0.13%
ACA	A	-0.13%
DNB	B	-0.12%
ICUI	D	-0.12%
FUL	F	-0.12%
OGS	A	-0.12%
MAC	B	-0.12%
EDR	A	-0.12%
HASI	D	-0.12%
BKH	A	-0.12%
SLGN	A	-0.12%
ITGR	B	-0.12%
MGM	D	-0.12%
FLO	D	-0.12%
SEE	C	-0.12%
AVNT	B	-0.12%
NVST	B	-0.11%
HUN	F	-0.11%
CDP	C	-0.11%
SKT	A	-0.11%
WU	F	-0.11%
PBH	A	-0.11%
KFY	B	-0.11%
ALE	A	-0.11%
SMG	C	-0.11%
ACHC	F	-0.11%
NUVL	C	-0.11%
KMPR	A	-0.11%
AR	B	-0.11%
PNFP	B	-0.11%
HL	D	-0.11%
MTZ	B	-0.11%
ASGN	F	-0.11%
PNM	B	-0.11%
BEN	C	-0.1%
WBA	F	-0.1%
MGEE	B	-0.1%
NWE	B	-0.1%
PCH	F	-0.1%
OTTR	C	-0.1%
WEN	D	-0.1%
BNL	D	-0.1%
ABM	B	-0.1%
SEM	B	-0.1%
BGC	C	-0.1%
NHI	D	-0.1%
AUB	B	-0.1%
EPR	C	-0.1%
IAC	F	-0.1%
NWL	C	-0.1%
PRGO	C	-0.1%
SR	A	-0.1%
GMS	B	-0.1%
RUSHA	C	-0.1%
MSM	C	-0.1%
HIW	C	-0.1%
AVA	A	-0.09%
BRC	D	-0.09%
DEI	B	-0.09%
MAN	F	-0.09%
MIR	A	-0.09%
PENN	C	-0.09%
PAG	B	-0.09%
NPO	A	-0.09%
ADTN	A	-0.09%
APAM	B	-0.09%
AWR	B	-0.09%
TDC	D	-0.09%
AMED	F	-0.09%
CWK	C	-0.09%
FHB	B	-0.09%
TNL	A	-0.09%
PRIM	A	-0.09%
SXT	C	-0.09%
APLE	B	-0.09%
COMP	B	-0.09%
CBU	B	-0.09%
FHI	B	-0.09%
ESE	B	-0.09%
AKR	B	-0.08%
COTY	F	-0.08%
CXT	C	-0.08%
LXP	D	-0.08%
ABR	C	-0.08%
NSP	F	-0.08%
IOSP	C	-0.08%
UE	B	-0.08%
UNF	B	-0.08%
TGNA	B	-0.08%
SYNA	C	-0.08%
DBRG	F	-0.08%
REZI	A	-0.08%
PRGS	A	-0.08%
PK	C	-0.08%
MPW	F	-0.08%
GFF	A	-0.08%
MGRC	B	-0.08%
RNG	C	-0.08%
IOVA	F	-0.08%
ATGE	B	-0.08%
BYD	B	-0.07%
OMCL	C	-0.07%
ENR	B	-0.07%
ENOV	C	-0.07%
CDE	C	-0.07%
PECO	A	-0.07%
HBI	B	-0.07%
CWEN	C	-0.07%
RNA	C	-0.07%
CNXC	F	-0.07%
VSCO	C	-0.07%
BOKF	B	-0.07%
SPB	C	-0.07%
DY	D	-0.07%
MTX	B	-0.07%
VAC	C	-0.07%
HAYW	B	-0.07%
BXMT	C	-0.07%
OUT	A	-0.07%
PRK	B	-0.07%
WLK	D	-0.07%
POST	C	-0.07%
VIRT	A	-0.07%
NMRK	C	-0.06%
NATL	B	-0.06%
CGON	F	-0.06%
AZTA	D	-0.06%
IMVT	F	-0.06%
RXO	D	-0.06%
HI	C	-0.06%
BLKB	B	-0.06%
AIR	B	-0.06%
WLY	B	-0.06%
GEO	B	-0.06%
EQC	B	-0.06%
SMMT	D	-0.06%
STRA	C	-0.06%
ZG	A	-0.06%
VIAV	C	-0.06%
SHO	D	-0.06%
HURN	C	-0.06%
RNST	B	-0.06%
ZD	B	-0.06%
EVTC	B	-0.06%
LAUR	A	-0.06%
MTRN	C	-0.06%
INFA	D	-0.06%
IVT	A	-0.06%
B	A	-0.06%
OSIS	A	-0.06%
AZZ	A	-0.06%
JOBY	B	-0.06%
SXI	B	-0.06%
HNI	B	-0.06%
CPRI	F	-0.06%
SHOO	F	-0.05%
MLKN	F	-0.05%
CNK	C	-0.05%
LTC	B	-0.05%
DRH	B	-0.05%
HE	C	-0.05%
THS	D	-0.05%
GOLF	B	-0.05%
PZZA	F	-0.05%
KAR	B	-0.05%
PPC	C	-0.05%
EPC	F	-0.05%
OI	C	-0.05%
STEP	C	-0.05%
VSTS	C	-0.05%
WSBC	B	-0.05%
GNL	F	-0.05%
LGND	C	-0.05%
VYX	B	-0.05%
ROIC	A	-0.05%
PBI	B	-0.04%
ARI	C	-0.04%
AAT	B	-0.04%
DYN	F	-0.04%
PDM	D	-0.04%
IART	C	-0.04%
WS	C	-0.04%
GO	C	-0.04%
VRE	B	-0.04%
LADR	B	-0.04%
RRR	F	-0.04%
CSGS	B	-0.04%
REVG	C	-0.04%
VRNT	C	-0.04%
CAR	C	-0.04%
SBH	C	-0.04%
ALEX	B	-0.04%
ESRT	C	-0.04%
CODI	B	-0.04%
BLMN	F	-0.04%
WT	A	-0.04%
REYN	D	-0.04%
NTCT	C	-0.04%
VCTR	B	-0.04%
UPBD	B	-0.04%
AMN	F	-0.04%
CXW	C	-0.04%
SMR	B	-0.04%
HELE	C	-0.04%
KN	B	-0.04%
JBGS	F	-0.04%
NWN	A	-0.04%
ELME	D	-0.04%
FTRE	D	-0.04%
NGVT	B	-0.04%
NHC	C	-0.04%
GEF	A	-0.04%
LEG	F	-0.04%
GTY	A	-0.04%
HLIO	B	-0.04%
NPAB	F	-0.04%
AVNS	F	-0.03%
MMI	C	-0.03%
THR	B	-0.03%
FA	C	-0.03%
XRX	F	-0.03%
LGF.A	C	-0.03%
CWEN	C	-0.03%
BV	C	-0.03%
OMI	F	-0.03%
JACK	C	-0.03%
MYGN	F	-0.03%
DK	C	-0.03%
DNUT	F	-0.03%
RWT	D	-0.03%
KWR	C	-0.03%
TRS	B	-0.03%
MD	C	-0.03%
FBRT	D	-0.03%
CSR	B	-0.03%
RBRK	A	-0.03%
CNNE	B	-0.03%
MSGE	F	-0.03%
AIV	C	-0.03%
WWW	A	-0.03%
PMT	C	-0.03%
UNIT	B	-0.03%
AMRX	C	-0.03%
UVV	B	-0.03%
CMPR	D	-0.02%
SVC	F	-0.02%
ATUS	B	-0.02%
DAWN	D	-0.02%
NAPA	A	-0.02%
CWH	B	-0.02%
BASE	B	-0.02%
HPP	F	-0.02%
UHAL	D	-0.02%
SWI	C	-0.02%
MODG	F	-0.02%
BMBL	C	-0.02%
MATW	C	-0.02%
KREF	C	-0.02%
PRLB	B	-0.02%
ECVT	C	-0.02%
AMWD	C	-0.02%
ETWO	F	-0.02%
XHR	B	-0.02%
HLF	C	-0.02%
CFFN	C	-0.02%
CMTG	F	-0.02%
SAH	C	-0.02%
PRAA	D	-0.02%
MNRO	D	-0.02%
HAIN	D	-0.02%
BRSP	C	-0.02%
HCSG	C	-0.02%
LEVI	F	-0.02%
EMBC	C	-0.02%
EYE	C	-0.02%
DLX	B	-0.02%
BDN	C	-0.02%
OPK	C	-0.01%
TWKS	B	-0.01%
DIN	C	-0.01%
ALX	D	-0.01%
CMP	C	-0.01%
TGI	B	-0.01%
ZIP	D	-0.01%
TRTX	C	-0.01%
SRCL	B	-0.01%
WOOF	D	-0.01%
NVRI	D	-0.01%
INN	D	-0.01%
RUSHB	C	-0.01%
VMEO	B	-0.01%
RMR	F	-0.01%
GRC	A	-0.01%
EE	A	-0.01%
NABL	F	-0.01%
SSTK	F	-0.01%
PTVE	B	-0.01%
FWRD	D	-0.01%
CCO	C	-0.01%
CLB	B	-0.01%
CLBK	C	-0.01%
ARRY	F	-0.01%
BFS	C	-0.01%
DJT	C	-0.01%
GCMG	B	-0.01%
MXL	C	-0.01%
LGF.A	C	-0.01%
SCWX	C	-0.0%
AC	B	-0.0%
TASK	C	-0.0%
LESL	D	-0.0%
LDI	C	-0.0%
GEF	A	-0.0%
BRCC	F	-0.0%