AVUV vs. VFMF ETF Comparison

Comparison of Avantis U.S. Small Cap Value ETF (AVUV) to Vanguard U.S. Multifactor ETF (VFMF)

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

$93.45

Average Daily Volume

659,649

Number of Holdings ^*

745

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$125.63

Average Daily Volume

12,986

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	VFMF
30 Days	7.50%	5.68%
60 Days	5.71%	3.19%
90 Days	5.91%	6.06%
12 Months	30.15%	30.41%

216 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in VFMF	Overlap
AAN	D	0.04%	0.07%	0.04%
ACCO	F	0.02%	0.09%	0.02%
ACT	B	0.12%	0.28%	0.12%
AEO	C	0.79%	0.19%	0.19%
AGM	D	0.21%	0.09%	0.09%
AGO	D	0.41%	0.22%	0.22%
AGX	B	0.13%	0.04%	0.04%
ALKS	F	0.11%	0.05%	0.05%
AMAL	C	0.08%	0.26%	0.08%
AMKR	C	0.18%	0.24%	0.18%
AMPH	D	0.21%	0.02%	0.02%
AMSF	F	0.01%	0.06%	0.01%
ANET	A	0.04%	0.23%	0.04%
ANF	B	0.88%	0.2%	0.2%
ANIP	D	0.03%	0.05%	0.03%
APOG	B	0.23%	0.08%	0.08%
ARCB	F	0.49%	0.12%	0.12%
ARCH	D	0.57%	0.16%	0.16%
ASC	A	0.15%	0.2%	0.15%
ASO	F	0.1%	0.32%	0.1%
ATKR	D	0.39%	0.32%	0.32%
AX	B	0.44%	0.17%	0.17%
AXL	C	0.16%	0.07%	0.07%
BBW	B	0.06%	0.14%	0.06%
BCC	C	0.87%	0.52%	0.52%
BELFB	C	0.12%	0.15%	0.12%
BHLB	C	0.1%	0.03%	0.03%
BKE	D	0.2%	0.05%	0.05%
BKU	C	0.27%	0.04%	0.04%
BPOP	A	0.28%	0.82%	0.28%
BRKL	F	0.09%	0.05%	0.05%
BTU	F	0.51%	0.11%	0.11%
BUSE	C	0.15%	0.06%	0.06%
BZH	D	0.12%	0.14%	0.12%
CAL	C	0.24%	0.28%	0.24%
CALM	D	0.45%	0.17%	0.17%
CARS	C	0.12%	0.02%	0.02%
CASH	C	0.18%	0.18%	0.18%
CATY	C	0.33%	0.22%	0.22%
CBT	B	0.75%	0.06%	0.06%
CCRN	F	0.09%	0.05%	0.05%
CCS	C	0.3%	0.08%	0.08%
CEIX	D	0.4%	0.17%	0.17%
CENTA	A	0.2%	0.24%	0.2%
CHCO	C	0.05%	0.13%	0.05%
CHRD	B	0.22%	0.23%	0.22%
CHX	D	0.1%	0.2%	0.1%
CIVI	C	0.19%	0.14%	0.14%
CLW	A	0.16%	0.08%	0.08%
CMC	B	0.28%	0.12%	0.12%
CNO	B	0.43%	0.26%	0.26%
CNOB	C	0.09%	0.09%	0.09%
CNXN	C	0.11%	0.14%	0.11%
COKE	C	0.22%	0.13%	0.13%
CPF	B	0.07%	0.19%	0.07%
CPRX	C	0.01%	0.15%	0.01%
CRC	F	0.61%	0.18%	0.18%
CVCO	B	0.31%	0.21%	0.21%
CVI	F	0.05%	0.1%	0.05%
DAKT	C	0.06%	0.2%	0.06%
DBI	F	0.08%	0.06%	0.06%
DDS	B	0.1%	0.05%	0.05%
DFH	D	0.1%	0.15%	0.1%
DHT	B	0.21%	0.19%	0.19%
DNOW	D	0.1%	0.08%	0.08%
DOLE	C	0.04%	0.05%	0.04%
EBF	C	0.03%	0.02%	0.02%
EIG	D	0.13%	0.36%	0.13%
ENS	C	0.04%	0.15%	0.04%
EPM	F	0.03%	0.04%	0.03%
ESGR	B	0.39%	0.19%	0.19%
ETD	D	0.12%	0.17%	0.12%
FBP	B	0.38%	0.32%	0.32%
FCF	C	0.15%	0.14%	0.14%
FLWS	D	0.03%	0.15%	0.03%
FOR	D	0.11%	0.14%	0.11%
FULT	B	0.35%	0.32%	0.32%
GES	C	0.15%	0.11%	0.11%
GIII	C	0.22%	0.22%	0.22%
GMS	B	0.25%	0.29%	0.25%
GNK	B	0.18%	0.07%	0.07%
GNW	C	0.36%	0.22%	0.22%
GPOR	C	0.35%	0.16%	0.16%
GPS	D	0.44%	0.16%	0.16%
GRBK	C	0.28%	0.12%	0.12%
GSBC	C	0.07%	0.02%	0.02%
HAFC	C	0.07%	0.06%	0.06%
HCC	C	0.72%	0.13%	0.13%
HEES	F	0.27%	0.05%	0.05%
HIBB	A	0.18%	0.03%	0.03%
HLX	B	0.26%	0.08%	0.08%
HOV	B	0.15%	0.07%	0.07%
HP	F	0.46%	0.16%	0.16%
HUBG	C	0.4%	0.12%	0.12%
HVT	F	0.06%	0.1%	0.06%
HWKN	C	0.19%	0.13%	0.13%
IBOC	B	0.43%	0.25%	0.25%
IDCC	C	0.45%	0.06%	0.06%
IESC	C	0.05%	0.17%	0.05%
IIIN	F	0.11%	0.11%	0.11%
IMKTA	D	0.19%	0.21%	0.19%
INSW	A	0.5%	0.21%	0.21%
IRWD	F	0.0%	0.19%	0.0%
JBSS	D	0.08%	0.08%	0.08%
JELD	F	0.2%	0.21%	0.2%
KBH	A	0.91%	0.15%	0.15%
KD	A	0.23%	0.17%	0.17%
KELYA	D	0.1%	0.2%	0.1%
KFRC	D	0.02%	0.05%	0.02%
KMT	C	0.33%	0.03%	0.03%
KSS	D	0.53%	0.09%	0.09%
LBRT	B	0.64%	0.22%	0.22%
LPG	C	0.33%	0.01%	0.01%
LYTS	C	0.03%	0.06%	0.03%
LZB	C	0.24%	0.07%	0.07%
M	D	0.6%	0.17%	0.17%
MATX	C	0.8%	0.1%	0.1%
MBIN	C	0.12%	0.12%	0.12%
MBUU	F	0.12%	0.13%	0.12%
MCFT	F	0.06%	0.05%	0.05%
MCRI	D	0.15%	0.04%	0.04%
MGY	C	0.6%	0.05%	0.05%
MHO	C	0.66%	0.37%	0.37%
MLI	B	0.83%	0.56%	0.56%
MOD	A	0.25%	0.09%	0.09%
MOV	C	0.06%	0.08%	0.06%
MRC	B	0.06%	0.03%	0.03%
MRTN	D	0.18%	0.05%	0.05%
MTDR	D	0.2%	0.12%	0.12%
MTG	C	0.51%	0.95%	0.51%
MTH	B	0.63%	0.26%	0.26%
MTW	F	0.02%	0.05%	0.02%
MUR	D	0.21%	0.14%	0.14%
MYRG	D	0.23%	0.09%	0.09%
NAT	C	0.08%	0.17%	0.08%
NAVI	F	0.17%	0.11%	0.11%
NMIH	B	0.37%	0.28%	0.28%
NOG	C	0.58%	0.11%	0.11%
NR	B	0.1%	0.11%	0.1%
NSIT	A	0.11%	0.24%	0.11%
NTB	A	0.2%	0.23%	0.2%
NX	D	0.2%	0.09%	0.09%
ODP	F	0.25%	0.2%	0.2%
OFG	B	0.25%	0.6%	0.25%
OMF	C	0.22%	0.56%	0.22%
OSBC	C	0.08%	0.05%	0.05%
OSUR	F	0.07%	0.11%	0.07%
OXM	D	0.27%	0.13%	0.13%
OZK	C	0.51%	0.54%	0.51%
PARR	F	0.3%	0.19%	0.19%
PATK	C	0.3%	0.17%	0.17%
PBF	D	0.32%	0.2%	0.2%
PFBC	B	0.14%	0.23%	0.14%
PFSI	B	0.26%	0.18%	0.18%
PLAB	C	0.35%	0.35%	0.35%
PLPC	D	0.0%	0.08%	0.0%
PLUS	B	0.21%	0.16%	0.16%
POWL	C	0.31%	0.06%	0.06%
PRDO	C	0.23%	0.34%	0.23%
PSMT	A	0.36%	0.08%	0.08%
PUMP	C	0.16%	0.02%	0.02%
QCRH	C	0.12%	0.15%	0.12%
R	A	0.85%	0.19%	0.19%
RDN	C	0.65%	0.37%	0.37%
RES	F	0.1%	0.13%	0.1%
REVG	B	0.0%	0.1%	0.0%
REX	C	0.06%	0.1%	0.06%
SANM	C	0.46%	0.12%	0.12%
SBSI	D	0.03%	0.08%	0.03%
SCHL	F	0.12%	0.19%	0.12%
SCS	C	0.22%	0.28%	0.22%
SCSC	A	0.13%	0.11%	0.11%
SCVL	B	0.1%	0.05%	0.05%
SD	D	0.07%	0.07%	0.07%
SFL	B	0.27%	0.1%	0.1%
SFM	B	0.51%	0.05%	0.05%
SHOO	C	0.06%	0.04%	0.04%
SIG	C	0.57%	0.25%	0.25%
SKYW	B	0.63%	0.19%	0.19%
SLCA	C	0.19%	0.07%	0.07%
SLM	D	0.7%	0.15%	0.15%
SM	D	0.92%	0.33%	0.33%
SMP	F	0.07%	0.03%	0.03%
SNDR	D	0.1%	0.03%	0.03%
SPTN	D	0.1%	0.11%	0.1%
SRCE	C	0.06%	0.22%	0.06%
STBA	C	0.12%	0.1%	0.1%
STNG	B	0.65%	0.19%	0.19%
STRL	A	0.28%	0.2%	0.2%
SXC	D	0.19%	0.25%	0.19%
TCBI	C	0.22%	0.05%	0.05%
TEX	C	0.56%	0.25%	0.25%
THFF	C	0.05%	0.09%	0.05%
THO	F	0.51%	0.26%	0.26%
TK	B	0.08%	0.2%	0.08%
TMHC	B	0.68%	0.74%	0.68%
TNC	D	0.1%	0.06%	0.06%
TNK	A	0.32%	0.21%	0.21%
TPC	B	0.07%	0.05%	0.05%
TPH	B	0.6%	0.15%	0.15%
TRST	C	0.07%	0.04%	0.04%
UFPI	B	0.09%	0.41%	0.09%
URBN	C	0.47%	0.16%	0.16%
VSH	C	0.53%	0.08%	0.08%
WABC	C	0.16%	0.15%	0.15%
WAFD	C	0.24%	0.11%	0.11%
WERN	D	0.4%	0.04%	0.04%
WFRD	B	0.21%	0.25%	0.21%
WGO	F	0.25%	0.13%	0.13%
WIRE	B	0.84%	0.22%	0.22%
WMK	B	0.14%	0.16%	0.14%
WNC	F	0.18%	0.16%	0.16%
WOR	D	0.22%	0.1%	0.1%
WSFS	B	0.27%	0.04%	0.04%
WTTR	B	0.09%	0.11%	0.09%
ZEUS	F	0.11%	0.16%	0.11%

AVUV Overweight 529 Positions Relative to VFMF

Symbol	Grade	Weight
JXN	C	0.93%
AL	B	0.91%
GATX	B	0.81%
MDU	B	0.74%
AMR	F	0.7%
GT	C	0.69%
CNX	B	0.67%
HRI	C	0.63%
DXC	F	0.58%
AROC	C	0.55%
HWC	B	0.5%
HOG	D	0.48%
ONB	B	0.47%
AXS	B	0.46%
ALK	C	0.46%
DIOD	D	0.45%
UMBF	B	0.43%
KOS	D	0.43%
DOOR	A	0.43%
BHF	F	0.42%
FNB	B	0.41%
ESNT	C	0.38%
CRI	F	0.37%
SNV	B	0.36%
ASB	B	0.35%
OII	C	0.34%
JBLU	D	0.33%
PTEN	F	0.33%
ETRN	B	0.33%
FYBR	B	0.33%
ANDE	F	0.33%
VSTO	C	0.33%
LCII	D	0.32%
TROX	B	0.32%
WTM	D	0.31%
TDS	B	0.3%
LPX	A	0.3%
CADE	B	0.29%
CC	C	0.29%
DAN	C	0.29%
VLY	D	0.28%
BOH	D	0.28%
SNEX	C	0.28%
PHIN	B	0.26%
COLB	C	0.26%
SLVM	B	0.26%
ABCB	C	0.25%
KLIC	D	0.25%
GBX	C	0.25%
TALO	F	0.25%
PINC	F	0.24%
OPEN	F	0.24%
WTFC	B	0.24%
OEC	C	0.23%
COLM	B	0.23%
CUBI	D	0.23%
WD	C	0.22%
JWN	C	0.21%
SATS	C	0.21%
CAKE	B	0.21%
RIG	D	0.21%
TBBK	F	0.21%
BXC	D	0.2%
ATSG	D	0.2%
SKY	C	0.2%
TRMK	B	0.2%
KFY	B	0.19%
AM	A	0.19%
PPBI	C	0.19%
BANR	C	0.19%
SPNT	B	0.18%
EFSC	C	0.18%
HTLF	A	0.17%
KRP	B	0.17%
CBRL	F	0.17%
TILE	C	0.17%
CRK	C	0.16%
PRG	C	0.16%
ALGT	F	0.16%
HOPE	C	0.15%
TOWN	C	0.15%
PLYA	D	0.15%
BKD	C	0.14%
PFS	C	0.14%
CRGY	C	0.14%
CENX	C	0.14%
ENLC	C	0.13%
RYI	F	0.13%
KLG	C	0.13%
TRN	B	0.13%
FRME	C	0.13%
SBOW	D	0.13%
HRMY	F	0.13%
TTMI	B	0.13%
SWBI	D	0.12%
GHC	B	0.12%
PEBO	C	0.12%
SASR	C	0.12%
BJRI	C	0.12%
VBTX	C	0.12%
FDP	F	0.11%
BHE	B	0.11%
WAL	C	0.11%
EGY	D	0.11%
CDE	C	0.11%
ASIX	F	0.11%
BGS	F	0.11%
LBAI	C	0.1%
TCBK	C	0.1%
ZION	B	0.1%
SBLK	C	0.1%
VRTS	C	0.1%
NBTB	C	0.1%
AMBC	B	0.1%
NBR	F	0.1%
OBK	C	0.1%
SFBS	C	0.1%
OCFC	C	0.1%
LC	C	0.1%
PAGP	C	0.09%
UNFI	D	0.09%
FL	F	0.09%
GDEN	F	0.09%
BRY	F	0.09%
APA	F	0.09%
DCOM	D	0.09%
NNI	A	0.09%
UTI	C	0.09%
PFC	C	0.09%
USM	C	0.09%
SEB	D	0.09%
PDCO	F	0.09%
UVSP	B	0.08%
RDUS	D	0.08%
ASH	B	0.08%
MYE	F	0.08%
KALU	B	0.08%
LMB	B	0.08%
PLXS	C	0.08%
TWI	F	0.08%
LXU	C	0.08%
CTBI	B	0.08%
SGH	F	0.08%
MBWM	C	0.08%
BY	B	0.08%
HTH	C	0.08%
PLMR	B	0.08%
VYGR	D	0.07%
UCTT	C	0.07%
CFB	C	0.07%
MSBI	D	0.07%
THRM	F	0.07%
AMTB	C	0.07%
RGR	F	0.07%
SF	A	0.07%
HTLD	D	0.07%
EGBN	F	0.07%
SB	B	0.07%
OSG	B	0.07%
IBCP	B	0.07%
ARHS	B	0.07%
FMBH	C	0.07%
SCL	C	0.07%
HTZ	F	0.06%
RBCAA	C	0.06%
GRNT	C	0.06%
ULH	C	0.06%
INDB	D	0.06%
NBHC	C	0.06%
PII	F	0.06%
UVE	C	0.06%
HCI	D	0.06%
ODC	B	0.06%
BFST	D	0.06%
SNCY	F	0.06%
VTOL	B	0.06%
LOB	D	0.06%
AMCX	C	0.06%
EQBK	B	0.05%
NUS	D	0.05%
HTBI	C	0.05%
CENT	C	0.05%
CABO	F	0.05%
PGC	D	0.05%
AROW	C	0.05%
HY	B	0.05%
USNA	D	0.05%
VC	D	0.05%
TBI	F	0.05%
NBN	C	0.05%
HPK	F	0.05%
STNE	D	0.05%
CCNE	C	0.05%
MERC	C	0.05%
HBNC	C	0.05%
HTBK	C	0.05%
MATV	D	0.05%
MCB	C	0.05%
WASH	C	0.05%
CATC	C	0.05%
NWBI	C	0.05%
SFNC	D	0.04%
ZIMV	D	0.04%
CASS	D	0.04%
FBK	B	0.04%
VSAT	D	0.04%
VPG	F	0.04%
EZPW	D	0.04%
NGVC	B	0.04%
BHB	C	0.04%
MCBC	B	0.04%
XPRO	C	0.04%
FFIC	D	0.04%
CAC	C	0.04%
CCB	C	0.04%
APEI	C	0.04%
PANL	C	0.04%
NFBK	D	0.04%
SHEN	D	0.04%
MCS	F	0.04%
SMBC	D	0.04%
LKFN	C	0.04%
PNFP	C	0.04%
CVBF	C	0.04%
LOVE	C	0.04%
ESQ	C	0.04%
PRK	A	0.04%
TRDA	C	0.04%
CVEO	D	0.04%
HDSN	F	0.04%
MMI	C	0.04%
ATNI	F	0.04%
DTM	A	0.04%
RYAM	D	0.04%
PUBM	C	0.04%
CMRE	A	0.04%
AOSL	C	0.04%
FMNB	D	0.03%
HONE	C	0.03%
BWB	C	0.03%
ORRF	C	0.03%
WRLD	D	0.03%
FLIC	D	0.03%
JAKK	F	0.03%
GIC	F	0.03%
PRA	D	0.03%
DHIL	C	0.03%
HEAR	C	0.03%
ALRS	F	0.03%
HOFT	F	0.03%
KRT	C	0.03%
SOI	C	0.03%
GCO	D	0.03%
BHRB	F	0.03%
KW	D	0.03%
FBMS	D	0.03%
TMP	D	0.03%
SGC	B	0.03%
ARCT	F	0.03%
USLM	B	0.03%
NATR	F	0.03%
DXLG	F	0.03%
SMBK	C	0.03%
GLRE	A	0.03%
MCBS	B	0.03%
IPI	C	0.03%
SIGA	D	0.03%
CVGI	F	0.03%
RCKY	B	0.03%
NWLI	A	0.03%
PAHC	B	0.03%
RBB	C	0.03%
NRIM	B	0.03%
VLGEA	B	0.03%
LEGH	C	0.03%
HFWA	C	0.03%
NWPX	B	0.03%
IMMR	A	0.03%
SPFI	C	0.03%
SONO	D	0.03%
FSTR	C	0.03%
SAFT	D	0.03%
MED	F	0.03%
CARE	D	0.03%
UCBI	C	0.03%
OPY	A	0.03%
FISI	C	0.03%
CVGW	C	0.03%
ORN	C	0.02%
FSBW	C	0.02%
EBS	C	0.02%
FBNC	F	0.02%
HBB	D	0.02%
TYRA	C	0.02%
LSEA	D	0.02%
CCBG	D	0.02%
HBT	C	0.02%
SFST	F	0.02%
GLDD	B	0.02%
RNGR	F	0.02%
ENOV	F	0.02%
HMST	F	0.02%
FBIZ	C	0.02%
JHG	A	0.02%
PKOH	C	0.02%
CMA	B	0.02%
RMAX	D	0.02%
VIRC	B	0.02%
KE	D	0.02%
USAP	B	0.02%
OIS	F	0.02%
BSRR	B	0.02%
FFWM	F	0.02%
VRA	C	0.02%
AAOI	F	0.02%
INBK	C	0.02%
PBYI	D	0.02%
CRCT	C	0.02%
ACNB	F	0.02%
MOFG	F	0.02%
CHUY	F	0.02%
NTGR	F	0.02%
FG	C	0.02%
GHM	C	0.02%
RM	C	0.02%
REI	D	0.02%
KODK	D	0.02%
MPB	C	0.02%
TH	D	0.02%
BMRC	D	0.02%
HRTG	D	0.02%
NGS	C	0.02%
GLNG	B	0.02%
MEI	D	0.02%
PAGS	D	0.02%
REPX	F	0.02%
HNRG	D	0.02%
PAX	F	0.02%
CMT	D	0.02%
AA	B	0.02%
FIBK	C	0.02%
VTSI	D	0.01%
NEU	D	0.01%
BIG	D	0.01%
FF	D	0.01%
UBFO	D	0.01%
CBNK	C	0.01%
ZUMZ	C	0.01%
BGFV	F	0.01%
FFBC	B	0.01%
TTI	F	0.01%
OPBK	C	0.01%
LPRO	D	0.01%
TCBX	C	0.01%
FNKO	C	0.01%
PFIS	D	0.01%
ECPG	D	0.01%
CLAR	C	0.01%
FUNC	C	0.01%
ATLC	F	0.01%
JOUT	F	0.01%
EVC	D	0.01%
TSBK	D	0.01%
BSET	F	0.01%
KLXE	F	0.01%
FCBC	C	0.01%
BWFG	F	0.01%
CIVB	D	0.01%
RMR	C	0.01%
GNTY	C	0.01%
FHB	B	0.01%
STKS	C	0.01%
MPX	D	0.01%
VNDA	C	0.01%
MPAA	F	0.01%
FLXS	D	0.01%
GABC	C	0.01%
IMXI	D	0.01%
IMAX	C	0.01%
CRD.B	D	0.01%
FRST	D	0.01%
QUAD	F	0.01%
IBEX	D	0.01%
TTSH	D	0.01%
BCML	C	0.01%
MEC	B	0.01%
ALTG	F	0.01%
SSB	C	0.01%
PKBK	D	0.01%
PTSI	D	0.01%
EBTC	D	0.01%
LCUT	B	0.01%
ACIC	C	0.01%
SWIM	C	0.01%
ACDC	D	0.01%
NC	D	0.01%
PTGX	C	0.01%
FSBC	C	0.01%
SHBI	D	0.01%
MFIN	D	0.01%
RICK	F	0.01%
NEWT	C	0.01%
HBCP	C	0.01%
UNTY	C	0.01%
CVLY	C	0.01%
ASTE	F	0.01%
KRO	B	0.01%
SRI	F	0.01%
LINC	C	0.01%
PCB	D	0.01%
NOTV	F	0.01%
METCB	F	0.01%
HIFS	C	0.01%
GEOS	F	0.01%
FRBA	F	0.01%
BFC	C	0.01%
NNBR	D	0.01%
ACU	D	0.01%
TG	C	0.01%
MVBF	F	0.01%
KRNY	D	0.01%
FLL	D	0.01%
CTRN	F	0.01%
BCBP	D	0.01%
WSBF	C	0.01%
SKWD	D	0.01%
LNN	D	0.01%
LE	C	0.01%
RLGT	F	0.01%
UEIC	C	0.01%
WTBA	C	0.01%
BANC	D	0.0%
GAIA	B	0.0%
MRBK	D	0.0%
GLT	F	0.0%
CPHC	D	0.0%
NKSH	D	0.0%
SPWH	D	0.0%
DGICA	F	0.0%
BH	B	0.0%
ALTO	F	0.0%
PWOD	D	0.0%
GCBC	C	0.0%
BWEN	D	0.0%
WNEB	F	0.0%
FWRD	F	0.0%
FRD	C	0.0%
PLBC	D	0.0%
MNSB	D	0.0%
VABK	D	0.0%
KVHI	C	0.0%
EVBN	F	0.0%
ESCA	D	0.0%
FGBI	C	0.0%
FPH	C	0.0%
SRTS	B	0.0%
EQ	F	0.0%
AE	D	0.0%
CFFI	F	0.0%
MYFW	C	0.0%
OCUP	F	0.0%
INTT	F	0.0%
CULP	F	0.0%
SGHC	C	0.0%
CONN	D	0.0%
JRVR	F	0.0%
CNTY	F	0.0%
FDBC	F	0.0%
ATLO	B	0.0%
NYCB	D	0.0%
PNRG	C	0.0%
PRAA	C	0.0%
AOUT	F	0.0%
ISTR	C	0.0%
WEYS	C	0.0%
CZFS	F	0.0%
MYPS	F	0.0%
PHX	D	0.0%
VHI	B	0.0%
XBIT	C	0.0%
LWAY	C	0.0%
COFS	C	0.0%
LL	F	0.0%
NWFL	F	0.0%
BSVN	B	0.0%
ORGO	D	0.0%
CHMG	C	0.0%
EML	D	0.0%
UFI	D	0.0%
NIC	C	0.0%
LXFR	C	0.0%
CSPI	D	0.0%
DLTH	F	0.0%
TBNK	D	0.0%
RRBI	D	0.0%
CRD.B	D	0.0%
SCX	A	0.0%
CBAN	C	0.0%
FVCB	F	0.0%
CCRD	D	0.0%
ITIC	C	0.0%
MCY	B	0.0%
CMLS	F	0.0%
LFVN	C	0.0%
GDOT	D	0.0%
CDMO	C	0.0%
OLPX	F	0.0%
CBFV	C	0.0%
OVLY	D	0.0%
SYBT	C	0.0%
EPSN	C	0.0%
TAYD	C	0.0%
HWBK	D	0.0%
FNLC	D	0.0%
OPRX	D	0.0%
AMPY	F	0.0%
WOW	D	0.0%
HMN	D	0.0%
EGRX	F	0.0%
RVSB	F	0.0%
FONR	F	0.0%
ESOA	D	0.0%
BANF	C	0.0%
CATO	F	0.0%
CPSS	D	0.0%
FRAF	D	0.0%
LAKE	C	0.0%
OBT	C	0.0%
BFIN	C	0.0%

AVUV Underweight 271 Positions Relative to VFMF

Symbol	Grade	Weight
GOOG	B	-1.23%
MPC	D	-1.13%
AIG	C	-1.05%
ABBV	D	-1.04%
VLO	D	-0.99%
MCK	B	-0.98%
AFL	A	-0.98%
PHM	A	-0.96%
AMAT	A	-0.95%
NUE	D	-0.94%
APO	B	-0.89%
LRCX	C	-0.85%
GOOGL	B	-0.84%
BKNG	B	-0.83%
META	D	-0.82%
AXP	B	-0.78%
PSX	D	-0.78%
JPM	A	-0.77%
HIG	B	-0.77%
WFC	A	-0.73%
IBM	D	-0.71%
HCA	C	-0.68%
GILD	F	-0.66%
FDX	D	-0.64%
XOM	B	-0.63%
PCAR	D	-0.61%
EOG	D	-0.6%
COP	D	-0.58%
QCOM	B	-0.54%
VZ	C	-0.54%
REGN	B	-0.53%
CI	D	-0.52%
CAT	C	-0.51%
CSCO	D	-0.5%
OC	B	-0.49%
KR	D	-0.48%
AZO	D	-0.48%
VRTX	B	-0.47%
PVH	D	-0.47%
WMT	D	-0.45%
CAH	F	-0.45%
CDNS	D	-0.45%
ORI	B	-0.44%
ALSN	D	-0.43%
KLAC	A	-0.42%
COST	A	-0.41%
LULU	F	-0.41%
ORLY	D	-0.41%
CVX	C	-0.4%
TJX	B	-0.4%
NWS	C	-0.39%
WRB	D	-0.38%
NVDA	B	-0.37%
MRK	B	-0.36%
CRM	D	-0.35%
PRI	D	-0.35%
ELV	B	-0.34%
HRB	B	-0.34%
JBL	F	-0.34%
BK	A	-0.34%
GFF	C	-0.34%
CBOE	D	-0.34%
WSM	B	-0.33%
CMCSA	F	-0.32%
KMB	C	-0.31%
AVGO	A	-0.3%
LNG	F	-0.3%
LEN	B	-0.29%
UNM	B	-0.29%
GE	C	-0.28%
MSM	D	-0.28%
SKX	A	-0.27%
AAL	C	-0.27%
COOP	B	-0.26%
BLDR	D	-0.26%
AMWD	C	-0.25%
DHI	C	-0.25%
CPAY	D	-0.25%
TGT	D	-0.25%
FIX	B	-0.24%
BBWI	B	-0.24%
DBX	D	-0.23%
SYF	C	-0.23%
CACC	D	-0.23%
CNC	B	-0.23%
AYI	B	-0.23%
NVR	C	-0.23%
DINO	D	-0.23%
BLD	C	-0.23%
EAT	B	-0.22%
EVR	A	-0.22%
CTRA	C	-0.22%
FNF	B	-0.22%
FTI	B	-0.21%
DKS	D	-0.21%
VGR	D	-0.2%
OXY	D	-0.2%
FANG	C	-0.2%
RL	D	-0.2%
EME	A	-0.19%
SNPS	C	-0.19%
PKG	C	-0.19%
MOH	F	-0.19%
BG	D	-0.19%
JEF	A	-0.19%
VNT	D	-0.19%
LEN	B	-0.19%
RS	D	-0.18%
DOX	F	-0.18%
OLN	C	-0.18%
HPQ	C	-0.18%
TNET	F	-0.18%
URI	B	-0.18%
DECK	C	-0.18%
RRC	B	-0.17%
COLL	D	-0.17%
AIT	B	-0.17%
SNA	D	-0.17%
CF	F	-0.17%
ADBE	F	-0.17%
GL	F	-0.17%
PFGC	C	-0.16%
ARW	C	-0.16%
TPR	D	-0.16%
AMRX	B	-0.16%
CRBG	B	-0.16%
SSD	D	-0.15%
AN	C	-0.15%
BMY	F	-0.15%
PR	D	-0.15%
ATGE	B	-0.15%
SPOK	D	-0.15%
VCTR	B	-0.15%
ROCK	D	-0.15%
ACN	F	-0.15%
VIRT	B	-0.15%
MOG.A	B	-0.15%
TAP	F	-0.15%
EXPE	F	-0.14%
MUSA	A	-0.14%
HUBB	C	-0.14%
WEX	D	-0.14%
WLK	B	-0.13%
RAMP	F	-0.13%
MEDP	C	-0.13%
BLX	C	-0.13%
CTSH	F	-0.13%
SAIA	F	-0.13%
LRN	B	-0.13%
YETI	D	-0.13%
KNTK	B	-0.12%
STT	B	-0.12%
NMRK	C	-0.12%
AGCO	D	-0.12%
GPC	C	-0.12%
LYB	D	-0.12%
EQH	B	-0.12%
JOE	C	-0.12%
OMI	D	-0.12%
PH	B	-0.11%
RCL	C	-0.11%
CNM	A	-0.11%
SWKS	F	-0.11%
FICO	B	-0.11%
LSTR	C	-0.11%
NXST	C	-0.11%
MLKN	C	-0.11%
EXP	B	-0.11%
NTAP	B	-0.1%
RUSHA	D	-0.1%
QLYS	F	-0.1%
CVLT	A	-0.1%
EXEL	F	-0.1%
IDT	A	-0.09%
BECN	B	-0.09%
XRX	F	-0.09%
BOKF	B	-0.09%
UVV	C	-0.08%
CRVL	A	-0.08%
WU	D	-0.08%
STLD	D	-0.08%
WMS	B	-0.08%
LPLA	C	-0.08%
PETQ	C	-0.08%
DLX	B	-0.08%
BWA	C	-0.07%
APG	D	-0.07%
BBSI	B	-0.07%
XPO	D	-0.07%
UA	F	-0.07%
AMZN	C	-0.07%
CNA	C	-0.07%
PTVE	D	-0.07%
PFG	B	-0.07%
CSL	B	-0.07%
SAIC	C	-0.07%
RGP	F	-0.07%
TMUS	C	-0.06%
LOW	D	-0.06%
MITK	C	-0.06%
THR	B	-0.06%
AIR	B	-0.06%
LOPE	C	-0.06%
BC	D	-0.06%
EBAY	B	-0.06%
RNR	D	-0.06%
VFC	F	-0.06%
HELE	D	-0.06%
CASY	B	-0.06%
AMG	D	-0.05%
ROST	D	-0.05%
KN	C	-0.05%
PSTG	A	-0.05%
JACK	F	-0.05%
CHE	F	-0.05%
SXI	B	-0.05%
EXPD	D	-0.05%
VTRS	D	-0.05%
LQDT	C	-0.05%
YELP	F	-0.05%
ACLS	D	-0.05%
BBY	D	-0.05%
EWBC	B	-0.05%
PAG	C	-0.05%
STRA	C	-0.05%
CACI	B	-0.05%
OI	F	-0.04%
PNR	B	-0.04%
SMCI	D	-0.04%
SAH	C	-0.04%
TKR	B	-0.04%
JBHT	F	-0.04%
CARR	B	-0.04%
PRLB	D	-0.04%
CTS	B	-0.04%
ULTA	F	-0.04%
HNI	B	-0.04%
INMD	F	-0.04%
HPE	C	-0.04%
FELE	D	-0.04%
BLMN	F	-0.04%
GOLF	C	-0.04%
GPI	B	-0.03%
MAN	C	-0.03%
IPAR	F	-0.03%
ATEN	B	-0.03%
HSTM	C	-0.03%
JAZZ	F	-0.03%
EPAC	B	-0.03%
GPK	C	-0.03%
AMRK	C	-0.03%
BERY	D	-0.03%
BYD	F	-0.03%
CBRE	C	-0.03%
THRY	D	-0.03%
SCCO	B	-0.03%
BOOM	F	-0.03%
INSE	F	-0.03%
TDW	B	-0.03%
LNTH	C	-0.02%
ELF	D	-0.02%
IGT	F	-0.02%
COHU	F	-0.02%
TPX	C	-0.02%
PANW	C	-0.02%
FFIV	D	-0.02%
RHI	F	-0.02%
NVT	A	-0.02%
TNL	C	-0.02%
HIMS	D	-0.02%
AMP	A	-0.01%