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

$102.77

Average Daily Volume

777,280

Number of Holdings ^*

717

* 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

$137.90

Average Daily Volume

9,517

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	AVUV	VFMF
30 Days	7.10%	4.74%
60 Days	7.60%	6.50%
90 Days	7.64%	6.64%
12 Months	30.52%	32.18%

198 Overlapping Holdings

Symbol	Grade	Weight in AVUV	Weight in VFMF	Overlap
ABCB	B	0.24%	0.14%	0.14%
ACCO	C	0.06%	0.08%	0.06%
ACT	C	0.11%	0.29%	0.11%
AEO	F	0.54%	0.17%	0.17%
AGM	B	0.23%	0.06%	0.06%
AGO	B	0.45%	0.17%	0.17%
AGX	B	0.36%	0.12%	0.12%
ALKS	C	0.39%	0.17%	0.17%
AMAL	B	0.1%	0.39%	0.1%
AMKR	D	0.07%	0.2%	0.07%
AMR	C	0.46%	0.11%	0.11%
ANDE	D	0.29%	0.34%	0.29%
ANET	C	0.08%	0.5%	0.08%
APOG	C	0.3%	0.09%	0.09%
ARCB	C	0.36%	0.08%	0.08%
ASB	B	0.27%	0.16%	0.16%
ASC	F	0.09%	0.2%	0.09%
ASO	F	0.24%	0.24%	0.24%
ATKR	D	0.37%	0.02%	0.02%
AX	B	0.59%	0.2%	0.2%
BBW	C	0.08%	0.14%	0.08%
BCC	B	0.83%	0.52%	0.52%
BELFB	C	0.14%	0.18%	0.14%
BHLB	B	0.1%	0.12%	0.1%
BKE	B	0.23%	0.05%	0.05%
BKU	A	0.35%	0.04%	0.04%
BPOP	C	0.21%	0.67%	0.21%
BRY	F	0.05%	0.03%	0.03%
BTU	B	0.54%	0.05%	0.05%
BUSE	B	0.16%	0.02%	0.02%
CAL	F	0.19%	0.2%	0.19%
CALM	A	0.63%	0.28%	0.28%
CASH	B	0.25%	0.3%	0.25%
CATY	B	0.42%	0.06%	0.06%
CBT	D	0.74%	0.05%	0.05%
CCRN	F	0.06%	0.03%	0.03%
CEIX	A	0.53%	0.11%	0.11%
CENTA	C	0.22%	0.06%	0.06%
CHCO	B	0.04%	0.15%	0.04%
CIVI	D	0.2%	0.06%	0.06%
CLW	F	0.09%	0.05%	0.05%
CMC	B	0.22%	0.14%	0.14%
CNO	B	0.58%	0.4%	0.4%
CNOB	B	0.11%	0.18%	0.11%
CNX	A	0.78%	0.11%	0.11%
CNXN	C	0.11%	0.14%	0.11%
CPF	B	0.1%	0.31%	0.1%
CRC	A	0.72%	0.15%	0.15%
DAKT	C	0.11%	0.14%	0.11%
DDS	B	0.06%	0.03%	0.03%
DHT	F	0.21%	0.15%	0.15%
DNOW	B	0.11%	0.12%	0.11%
DOLE	D	0.16%	0.07%	0.07%
EFSC	B	0.25%	0.04%	0.04%
EIG	B	0.15%	0.34%	0.15%
ENS	F	0.26%	0.14%	0.14%
ETD	C	0.11%	0.14%	0.11%
FBP	C	0.43%	0.5%	0.43%
FCF	B	0.2%	0.25%	0.2%
FDP	B	0.15%	0.08%	0.08%
FIBK	B	0.02%	0.12%	0.02%
FLWS	D	0.03%	0.1%	0.03%
FRME	B	0.11%	0.06%	0.06%
GAP	C	0.11%	0.08%	0.08%
GIII	D	0.23%	0.3%	0.23%
GNK	D	0.13%	0.16%	0.13%
GNW	A	0.27%	0.21%	0.21%
GPOR	B	0.05%	0.09%	0.05%
GRBK	D	0.03%	0.1%	0.03%
GRNT	B	0.07%	0.05%	0.05%
HAFC	B	0.1%	0.13%	0.1%
HCC	B	0.64%	0.13%	0.13%
HEES	C	0.31%	0.04%	0.04%
HFWA	C	0.03%	0.03%	0.03%
HOV	D	0.08%	0.04%	0.04%
HP	C	0.51%	0.18%	0.18%
HSII	B	0.03%	0.04%	0.03%
HVT	D	0.05%	0.07%	0.05%
HWC	B	0.52%	0.12%	0.12%
HWKN	B	0.21%	0.19%	0.19%
IBOC	B	0.48%	0.34%	0.34%
IDCC	B	0.77%	0.07%	0.07%
IESC	C	0.06%	0.18%	0.06%
IMKTA	C	0.18%	0.18%	0.18%
IMMR	C	0.02%	0.12%	0.02%
INDB	B	0.17%	0.09%	0.09%
INSW	F	0.36%	0.12%	0.12%
JELD	F	0.15%	0.09%	0.09%
JWN	D	0.35%	0.07%	0.07%
JXN	C	0.9%	0.1%	0.1%
KBH	D	0.64%	0.16%	0.16%
KELYA	F	0.07%	0.36%	0.07%
KFRC	D	0.01%	0.04%	0.01%
KMT	B	0.37%	0.03%	0.03%
LBRT	D	0.51%	0.05%	0.05%
LNTH	D	0.01%	0.14%	0.01%
LPG	F	0.19%	0.11%	0.11%
LPX	B	0.27%	0.21%	0.21%
LRN	A	0.04%	0.1%	0.04%
LYTS	B	0.03%	0.05%	0.03%
LZB	B	0.27%	0.07%	0.07%
M	F	0.54%	0.22%	0.22%
MATX	C	0.97%	0.11%	0.11%
MBIN	F	0.1%	0.22%	0.1%
MBUU	B	0.12%	0.04%	0.04%
MBWM	B	0.1%	0.02%	0.02%
MCRI	A	0.17%	0.04%	0.04%
MCY	A	0.08%	0.14%	0.08%
MGY	A	0.73%	0.04%	0.04%
MHO	D	0.69%	0.25%	0.25%
MLI	B	0.94%	0.71%	0.71%
MOV	D	0.04%	0.03%	0.03%
MRC	B	0.14%	0.17%	0.14%
MTDR	B	0.12%	0.08%	0.08%
MTG	C	0.38%	0.71%	0.38%
MTH	D	0.16%	0.07%	0.07%
MTUS	C	0.11%	0.07%	0.07%
MUR	D	0.23%	0.13%	0.13%
NAT	F	0.08%	0.06%	0.06%
NAVI	F	0.15%	0.09%	0.09%
NMIH	C	0.39%	0.31%	0.31%
NOG	B	0.65%	0.05%	0.05%
NR	B	0.1%	0.14%	0.1%
NTB	B	0.21%	0.3%	0.21%
NTGR	B	0.08%	0.07%	0.07%
NX	C	0.14%	0.05%	0.05%
OFG	B	0.26%	0.64%	0.26%
OMF	A	0.21%	0.46%	0.21%
OSBC	A	0.1%	0.05%	0.05%
OSUR	F	0.05%	0.05%	0.05%
OXM	F	0.19%	0.09%	0.09%
PATK	C	0.1%	0.18%	0.1%
PEBO	B	0.13%	0.02%	0.02%
PFBC	B	0.07%	0.25%	0.07%
PHIN	A	0.38%	0.24%	0.24%
PINC	B	0.33%	0.18%	0.18%
PLAB	C	0.27%	0.17%	0.17%
PLPC	B	0.02%	0.07%	0.02%
PLUS	F	0.36%	0.18%	0.18%
PRDO	B	0.21%	0.34%	0.21%
PSMT	D	0.36%	0.08%	0.08%
PTGX	D	0.14%	0.12%	0.12%
PUMP	C	0.13%	0.14%	0.13%
PVH	C	0.14%	0.39%	0.14%
QCRH	B	0.18%	0.1%	0.1%
R	B	0.73%	0.16%	0.16%
RDN	D	0.64%	0.21%	0.21%
RES	D	0.09%	0.07%	0.07%
REX	D	0.1%	0.11%	0.1%
SANM	B	0.4%	0.1%	0.1%
SB	F	0.05%	0.02%	0.02%
SBSI	C	0.05%	0.11%	0.05%
SCHL	F	0.09%	0.11%	0.09%
SCS	C	0.21%	0.32%	0.21%
SCSC	C	0.19%	0.15%	0.15%
SCVL	F	0.11%	0.05%	0.05%
SD	D	0.06%	0.08%	0.06%
SFM	A	0.71%	0.16%	0.16%
SFNC	C	0.03%	0.08%	0.03%
SIG	B	0.58%	0.3%	0.3%
SIGA	F	0.05%	0.21%	0.05%
SKYW	C	0.83%	0.17%	0.17%
SLM	A	0.69%	0.41%	0.41%
SLVM	B	0.46%	0.15%	0.15%
SM	B	0.83%	0.13%	0.13%
SPTN	D	0.1%	0.11%	0.1%
SRCE	B	0.03%	0.28%	0.03%
STBA	B	0.16%	0.16%	0.16%
STNG	F	0.45%	0.18%	0.18%
STRL	A	0.3%	0.07%	0.07%
SUPN	C	0.22%	0.05%	0.05%
SXC	A	0.2%	0.16%	0.16%
TBBK	B	0.35%	0.16%	0.16%
TCBI	C	0.31%	0.05%	0.05%
TCBK	C	0.11%	0.03%	0.03%
TEX	F	0.52%	0.18%	0.18%
THO	B	0.54%	0.21%	0.21%
TILE	B	0.26%	0.18%	0.18%
TMHC	C	0.1%	0.18%	0.1%
TNC	D	0.05%	0.04%	0.04%
TPC	C	0.19%	0.26%	0.19%
TPH	D	0.37%	0.13%	0.13%
UA	C	0.06%	0.12%	0.06%
UFPI	C	0.07%	0.37%	0.07%
URBN	C	0.45%	0.12%	0.12%
USAP	B	0.05%	0.07%	0.05%
UTI	B	0.09%	0.06%	0.06%
UVSP	B	0.1%	0.03%	0.03%
VRA	C	0.02%	0.02%	0.02%
WABC	B	0.18%	0.14%	0.14%
WGO	C	0.19%	0.04%	0.04%
WMK	C	0.18%	0.16%	0.16%
WNC	C	0.14%	0.03%	0.03%
WSFS	B	0.28%	0.24%	0.24%
WTTR	A	0.22%	0.23%	0.22%
ZEUS	C	0.07%	0.12%	0.07%
ZIMV	D	0.04%	0.07%	0.04%
ZUMZ	B	0.0%	0.05%	0.0%

AVUV Overweight 519 Positions Relative to VFMF

Symbol	Grade	Weight
GATX	A	0.91%
ALK	B	0.9%
HRI	C	0.88%
AL	B	0.8%
DXC	B	0.69%
AROC	A	0.65%
UMBF	B	0.6%
POWL	C	0.59%
HOG	D	0.58%
TDS	B	0.55%
OZK	B	0.54%
MARA	B	0.54%
MDU	D	0.54%
ARCH	B	0.53%
GT	C	0.51%
AVT	C	0.51%
COLB	B	0.5%
BHF	C	0.45%
PTEN	C	0.43%
ANF	F	0.42%
WERN	C	0.42%
BFH	C	0.42%
ONB	C	0.42%
VSTO	A	0.41%
AXS	A	0.39%
HUBG	A	0.39%
OII	B	0.39%
KSS	F	0.39%
SATS	D	0.38%
TRN	B	0.38%
VLY	B	0.38%
LCII	C	0.37%
COLM	C	0.37%
VSH	F	0.34%
WAFD	B	0.33%
WD	D	0.33%
SNEX	B	0.33%
GBX	A	0.33%
FULT	A	0.33%
CAKE	C	0.32%
PLXS	B	0.32%
FNB	A	0.31%
PII	F	0.31%
BOH	B	0.3%
ESGR	B	0.29%
SNV	C	0.29%
KOS	D	0.29%
ATSG	B	0.28%
BANR	B	0.28%
BHE	C	0.28%
JBLU	F	0.28%
CRI	F	0.28%
PBF	D	0.28%
TALO	C	0.27%
GVA	A	0.27%
CRGY	B	0.27%
WTFC	A	0.27%
HLX	B	0.26%
FYBR	C	0.25%
CUBI	B	0.23%
CRK	B	0.22%
ESNT	F	0.22%
PFSI	C	0.22%
TTMI	C	0.22%
HHH	B	0.22%
VC	F	0.22%
ALGT	B	0.21%
UNFI	A	0.2%
SPNT	B	0.2%
DAN	D	0.2%
BXC	B	0.2%
AAP	D	0.2%
PAYO	A	0.2%
SFL	D	0.19%
OPEN	F	0.19%
IRDM	D	0.19%
KRP	B	0.18%
KALU	C	0.18%
SASR	B	0.18%
GLNG	C	0.17%
MRTN	D	0.17%
SCL	C	0.17%
HOPE	C	0.17%
HRMY	D	0.17%
TRMK	C	0.17%
CC	C	0.17%
SNDR	B	0.17%
FL	F	0.16%
PRG	C	0.16%
DIOD	D	0.16%
USM	B	0.16%
WKC	C	0.16%
WOR	F	0.15%
PDCO	F	0.15%
PLYA	B	0.15%
OEC	C	0.15%
HTLF	B	0.14%
UAA	C	0.14%
DCOM	B	0.14%
TOWN	B	0.14%
ODP	F	0.14%
PARR	F	0.14%
PFS	B	0.14%
LC	A	0.14%
CBRL	C	0.14%
AM	A	0.14%
STNE	F	0.13%
BJRI	C	0.13%
OCFC	B	0.13%
AXL	C	0.13%
PFC	B	0.12%
PLMR	A	0.12%
NBHC	C	0.12%
CABO	B	0.12%
BRKL	B	0.12%
VBTX	B	0.12%
AMPH	F	0.12%
INVA	D	0.12%
RYI	C	0.12%
CARS	C	0.12%
KLG	B	0.12%
OBK	C	0.11%
CTBI	B	0.11%
EBS	C	0.11%
EGY	D	0.11%
ASIX	B	0.11%
RIG	D	0.11%
NWBI	B	0.11%
SGHC	A	0.11%
WAL	B	0.11%
PPBI	C	0.11%
NBR	C	0.11%
SNCY	C	0.1%
FMBH	B	0.1%
PAGS	F	0.1%
VTOL	B	0.1%
IBCP	B	0.1%
RYAM	C	0.1%
BY	B	0.1%
AMRC	F	0.1%
NBN	C	0.09%
SYBT	B	0.09%
IIIN	C	0.09%
MATV	D	0.09%
IBTX	B	0.09%
FOR	F	0.09%
HCI	C	0.09%
THG	A	0.09%
TROX	D	0.09%
ZION	B	0.09%
NBTB	B	0.09%
GES	F	0.09%
EGBN	B	0.09%
CLVT	D	0.08%
SWBI	C	0.08%
NNI	D	0.08%
BFST	C	0.08%
NGVC	A	0.08%
FBMS	B	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%
CHX	C	0.08%
SMP	C	0.08%
KLIC	B	0.08%
SFBS	C	0.08%
GLDD	B	0.08%
ALIT	C	0.08%
CFB	B	0.08%
CVI	F	0.07%
CCNE	C	0.07%
HTBK	B	0.07%
MSBI	B	0.07%
SEB	F	0.07%
UVE	B	0.07%
SMBC	B	0.07%
VRTS	B	0.07%
GSBC	C	0.07%
HTLD	C	0.07%
LOVE	A	0.07%
HY	D	0.07%
LMB	B	0.07%
SKWD	A	0.07%
WASH	C	0.07%
CMRE	C	0.07%
BGS	F	0.07%
LXU	B	0.07%
RDUS	B	0.07%
RBCAA	B	0.07%
AROW	B	0.06%
OPY	B	0.06%
CVGW	D	0.06%
AMBC	C	0.06%
REPX	A	0.06%
CCB	A	0.06%
THFF	B	0.06%
EBF	F	0.06%
HTH	C	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%
KE	C	0.05%
BVS	D	0.05%
APEI	B	0.05%
USNA	C	0.05%
VSAT	F	0.05%
ARHS	F	0.05%
GDOT	D	0.05%
AMTB	B	0.05%
MCBS	B	0.05%
NRIM	A	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%
SMBK	B	0.05%
CVEO	F	0.05%
WTM	A	0.05%
ODC	B	0.05%
FFIC	B	0.05%
HPK	B	0.05%
FG	A	0.05%
BHB	C	0.05%
BKD	F	0.05%
HBNC	B	0.05%
SBLK	F	0.05%
CAC	C	0.05%
METC	C	0.05%
NWPX	A	0.05%
GDEN	B	0.05%
HRTG	C	0.04%
RGR	F	0.04%
FNKO	D	0.04%
ATNI	F	0.04%
CARE	C	0.04%
VIRC	B	0.04%
CENT	C	0.04%
CCBG	B	0.04%
AMCX	C	0.04%
USLM	A	0.04%
DBI	F	0.04%
FSBC	C	0.04%
CVBF	A	0.04%
GCO	C	0.04%
HNRG	B	0.04%
HTZ	C	0.04%
MPB	B	0.04%
CLF	F	0.04%
VLGEA	C	0.04%
ASH	F	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%
TMP	B	0.03%
MED	D	0.03%
CNDT	C	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%
NUS	D	0.03%
FBK	C	0.03%
GPRE	F	0.03%
UCB	A	0.03%
PKOH	C	0.03%
KRT	B	0.03%
DHIL	B	0.03%
EZPW	B	0.03%
RNGR	A	0.03%
EBC	B	0.03%
MYE	F	0.03%
WRLD	C	0.03%
LE	D	0.03%
SHBI	B	0.03%
AOSL	C	0.03%
CRCT	F	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%
JAKK	C	0.03%
GHM	A	0.02%
PBYI	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%
CMA	B	0.02%
FFBC	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%
LEA	F	0.02%
ANIP	F	0.02%
ACDC	B	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%
SAFT	B	0.02%
HBB	F	0.02%
HOFT	B	0.02%
INBK	B	0.02%
BSRR	B	0.02%
PRA	C	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%
SHEN	F	0.02%
TTI	B	0.02%
TBI	F	0.02%
HDSN	F	0.02%
GHC	B	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%
KRO	C	0.01%
COFS	A	0.01%
TSBK	A	0.01%
KEQU	B	0.01%
SONO	C	0.01%
KNF	B	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%
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%
SF	B	0.01%
AVO	C	0.01%
HMN	B	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%
VREX	B	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%
ECPG	C	0.0%
FGBI	A	0.0%
ESCA	B	0.0%
IPGP	D	0.0%
MYFW	B	0.0%
AIN	C	0.0%
UTMD	F	0.0%
LAKE	B	0.0%
ATLO	C	0.0%
VABK	B	0.0%
KOP	C	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%
PCRX	C	0.0%
WEYS	C	0.0%
OB	B	0.0%
MYPS	C	0.0%
LPRO	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%
ASTE	C	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%
BANF	B	0.0%
GIC	D	0.0%
MPX	C	0.0%
XBIT	F	0.0%
OLPX	D	0.0%
STKS	F	0.0%

AVUV Underweight 272 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	B	-1.08%
AIG	B	-1.02%
BK	A	-0.98%
ABBV	F	-0.93%
GOOG	C	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	D	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	A	-0.82%
META	D	-0.82%
PM	B	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
KR	B	-0.73%
PHM	D	-0.72%
JPM	A	-0.72%
MCK	A	-0.71%
SYF	B	-0.71%
HIG	B	-0.7%
TGT	F	-0.65%
LMT	D	-0.64%
NVDA	B	-0.63%
IBM	C	-0.61%
FANG	C	-0.6%
EWBC	A	-0.59%
KMB	C	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
CAH	B	-0.53%
COST	A	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	F	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
CI	D	-0.5%
GOOGL	C	-0.5%
CAT	B	-0.48%
XOM	B	-0.47%
MRK	D	-0.46%
CL	D	-0.46%
COLL	F	-0.46%
ORI	A	-0.45%
HRB	D	-0.45%
GM	C	-0.44%
TT	A	-0.44%
OC	A	-0.44%
GILD	C	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
FITB	B	-0.39%
JNJ	C	-0.38%
UTHR	C	-0.37%
RTX	D	-0.36%
NWS	A	-0.36%
INGR	C	-0.35%
CBSH	B	-0.34%
CBOE	C	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
AMG	B	-0.32%
ALSN	B	-0.3%
GFF	A	-0.29%
PRI	B	-0.28%
WSM	C	-0.28%
UNM	A	-0.28%
TK	D	-0.27%
PSX	C	-0.27%
FCX	F	-0.26%
AYI	B	-0.26%
DHI	F	-0.26%
EAT	A	-0.26%
SKX	D	-0.26%
TOL	B	-0.25%
JBL	C	-0.24%
NSIT	F	-0.24%
CPAY	A	-0.23%
STT	B	-0.23%
VIRT	A	-0.23%
MLKN	F	-0.23%
DELL	B	-0.23%
FNF	B	-0.23%
EME	A	-0.22%
MHK	D	-0.22%
WFRD	D	-0.22%
COP	C	-0.22%
THC	D	-0.2%
EQH	C	-0.2%
CVCO	A	-0.2%
SPOT	B	-0.2%
AMWD	C	-0.2%
PPC	C	-0.2%
GMS	B	-0.2%
PGR	A	-0.2%
CROX	D	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	F	-0.19%
RL	C	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
BLD	D	-0.19%
PKG	A	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
LEN	D	-0.19%
VCTR	B	-0.18%
NVR	D	-0.18%
STLD	B	-0.18%
REVG	C	-0.18%
COKE	C	-0.18%
BLX	B	-0.18%
COOP	B	-0.17%
DLX	B	-0.17%
CTRA	B	-0.17%
URI	C	-0.17%
AMP	A	-0.17%
AIT	B	-0.17%
NTAP	C	-0.17%
COR	B	-0.17%
BV	C	-0.16%
DECK	A	-0.16%
CF	A	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
FIX	A	-0.16%
BG	D	-0.16%
KD	B	-0.16%
DVA	C	-0.16%
BAC	A	-0.16%
OMI	F	-0.16%
PR	B	-0.16%
KEX	B	-0.16%
ESAB	C	-0.15%
CRBG	B	-0.15%
PFGC	B	-0.15%
RMD	C	-0.15%
CHRD	D	-0.15%
KTB	B	-0.15%
PYPL	B	-0.15%
SNA	A	-0.15%
MEDP	D	-0.15%
TNL	A	-0.15%
DKS	D	-0.15%
LDOS	C	-0.15%
FTI	A	-0.14%
CVLT	B	-0.14%
AN	C	-0.14%
TNK	F	-0.14%
TPR	B	-0.14%
MUSA	B	-0.14%
PCAR	B	-0.13%
SPOK	B	-0.13%
NUE	C	-0.13%
VNT	C	-0.13%
HBI	B	-0.13%
EXPE	B	-0.13%
NMRK	C	-0.13%
RCL	A	-0.12%
KNTK	A	-0.12%
ROCK	C	-0.12%
WCC	B	-0.12%
PSTG	D	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	F	-0.12%
CTSH	B	-0.12%
CYH	F	-0.12%
OGN	F	-0.12%
BLDR	D	-0.12%
PH	A	-0.11%
EXP	B	-0.11%
HALO	F	-0.11%
RS	B	-0.11%
ITRI	C	-0.1%
GPC	D	-0.1%
DOX	D	-0.1%
MPWR	F	-0.1%
UHS	D	-0.1%
WHD	B	-0.1%
VERX	A	-0.1%
LYB	F	-0.1%
CDNA	D	-0.1%
AZZ	A	-0.1%
CRVL	B	-0.09%
GRND	A	-0.09%
ARW	D	-0.09%
SWKS	F	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	C	-0.09%
HSTM	B	-0.08%
UPBD	B	-0.08%
CACI	D	-0.07%
WMS	F	-0.07%
OVV	B	-0.07%
CNA	C	-0.07%
DESP	B	-0.07%
EBAY	D	-0.07%
CTAS	B	-0.07%
EPC	F	-0.07%
BBSI	B	-0.07%
HIMS	B	-0.07%
CG	B	-0.07%
LEN	D	-0.07%
VFC	C	-0.07%
CNM	D	-0.07%
CSL	C	-0.07%
FN	C	-0.06%
NHC	C	-0.06%
LOPE	C	-0.06%
GOGL	F	-0.06%
C	A	-0.06%
FLO	D	-0.06%
JILL	C	-0.06%
WU	F	-0.06%
CRUS	D	-0.06%
BWA	D	-0.06%
HNI	B	-0.06%
AMZN	C	-0.06%
PFG	D	-0.06%
RNR	C	-0.06%
UFPT	C	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
BJ	A	-0.05%
MET	A	-0.05%
DASH	B	-0.05%
CASY	A	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	C	-0.05%
ADMA	B	-0.05%
CRS	B	-0.05%
LQDT	B	-0.05%
SMLR	B	-0.04%
CTS	C	-0.04%
GOLF	B	-0.04%
STGW	A	-0.04%
SXI	B	-0.04%
NSSC	D	-0.04%
NXST	C	-0.04%
SHOO	F	-0.04%
VTRS	A	-0.04%
WEX	D	-0.04%
GEO	B	-0.04%
PRMW	C	-0.04%
CRAI	C	-0.04%
HPE	B	-0.04%
ATEN	A	-0.03%
GPI	B	-0.03%
GPK	C	-0.03%
BSIG	A	-0.03%
BYD	B	-0.03%
STRA	C	-0.03%
PRLB	B	-0.03%
BERY	C	-0.03%
RRC	B	-0.03%
EPAC	C	-0.03%
TPL	A	-0.03%
INGN	C	-0.02%
RGP	F	-0.02%
MAN	F	-0.02%
FFIV	B	-0.02%
ADTN	A	-0.02%