IUS vs. VONV ETF Comparison

Comparison of Invesco Strategic US ETF (IUS) to Vanguard Russell 1000 Value ETF (VONV)

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.77

Average Daily Volume

55,038

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

VONV

Vanguard Russell 1000 Value ETF

VONV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000Â® Value Index. The index is designed to measure the performance of large-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

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

Performance

Period	IUS	VONV
30 Days	3.50%	3.51%
60 Days	3.79%	4.96%
90 Days	5.45%	7.00%
12 Months	27.21%	29.73%

436 Overlapping Holdings

Symbol	Grade	Weight in IUS	Weight in VONV	Overlap
A	D	0.05%	0.15%	0.05%
AA	B	0.04%	0.04%	0.04%
AAL	B	0.03%	0.03%	0.03%
AAP	C	0.02%	0.01%	0.01%
ABBV	D	0.63%	0.82%	0.63%
ABT	B	0.38%	0.78%	0.38%
ACGL	D	0.1%	0.14%	0.1%
ACI	C	0.12%	0.03%	0.03%
ACM	A	0.05%	0.06%	0.05%
ACN	C	0.48%	0.87%	0.48%
ADM	D	0.28%	0.11%	0.11%
ADP	B	0.17%	0.03%	0.03%
AES	F	0.04%	0.05%	0.04%
AFG	A	0.05%	0.04%	0.04%
AGCO	D	0.04%	0.02%	0.02%
AIZ	A	0.06%	0.04%	0.04%
AKAM	D	0.04%	0.06%	0.04%
ALB	C	0.05%	0.04%	0.04%
ALGN	D	0.03%	0.03%	0.03%
ALL	A	0.26%	0.17%	0.17%
AMAT	F	0.2%	0.05%	0.05%
AMCR	D	0.07%	0.06%	0.06%
AMD	F	0.2%	0.32%	0.2%
AME	A	0.06%	0.17%	0.06%
AMG	B	0.04%	0.02%	0.02%
AMGN	D	0.23%	0.15%	0.15%
AMKR	D	0.02%	0.01%	0.01%
AN	C	0.05%	0.02%	0.02%
ANSS	B	0.03%	0.11%	0.03%
AON	A	0.16%	0.29%	0.16%
AOS	F	0.02%	0.04%	0.02%
APA	D	0.05%	0.03%	0.03%
APD	A	0.15%	0.28%	0.15%
APH	A	0.09%	0.13%	0.09%
APTV	D	0.05%	0.06%	0.05%
AR	B	0.05%	0.03%	0.03%
ARMK	B	0.05%	0.04%	0.04%
ARW	D	0.08%	0.03%	0.03%
AVT	C	0.05%	0.02%	0.02%
AVTR	F	0.03%	0.06%	0.03%
AVY	D	0.03%	0.04%	0.03%
AXP	A	0.53%	0.38%	0.38%
AZO	C	0.13%	0.02%	0.02%
BA	F	0.11%	0.34%	0.11%
BALL	D	0.05%	0.07%	0.05%
BAX	D	0.06%	0.07%	0.06%
BBY	D	0.13%	0.08%	0.08%
BC	C	0.03%	0.02%	0.02%
BDX	F	0.15%	0.27%	0.15%
BEN	C	0.03%	0.02%	0.02%
BERY	B	0.07%	0.03%	0.03%
BG	F	0.13%	0.05%	0.05%
BIIB	F	0.05%	0.1%	0.05%
BJ	A	0.05%	0.04%	0.04%
BKNG	A	0.41%	0.04%	0.04%
BKR	B	0.18%	0.15%	0.15%
BLDR	D	0.12%	0.07%	0.07%
BMY	B	0.64%	0.45%	0.45%
BR	A	0.04%	0.01%	0.01%
BRK.A	B	2.95%	3.3%	2.95%
BRO	B	0.03%	0.06%	0.03%
BSX	B	0.12%	0.49%	0.12%
BWA	D	0.05%	0.03%	0.03%
CACI	D	0.03%	0.05%	0.03%
CAG	D	0.06%	0.06%	0.06%
CAH	B	0.48%	0.04%	0.04%
CAR	C	0.07%	0.0%	0.0%
CARR	D	0.11%	0.2%	0.11%
CASY	A	0.05%	0.05%	0.05%
CAT	B	0.45%	0.63%	0.45%
CB	C	0.43%	0.46%	0.43%
CBOE	B	0.03%	0.09%	0.03%
CBRE	B	0.14%	0.16%	0.14%
CCK	C	0.04%	0.04%	0.04%
CCL	B	0.12%	0.09%	0.09%
CDW	F	0.05%	0.05%	0.05%
CE	F	0.03%	0.04%	0.03%
CEG	D	0.04%	0.28%	0.04%
CF	B	0.1%	0.06%	0.06%
CHD	B	0.04%	0.1%	0.04%
CHRD	D	0.04%	0.03%	0.03%
CHRW	C	0.08%	0.05%	0.05%
CHTR	C	0.34%	0.12%	0.12%
CI	F	0.64%	0.32%	0.32%
CINF	A	0.1%	0.09%	0.09%
CIVI	D	0.04%	0.01%	0.01%
CL	D	0.12%	0.14%	0.12%
CLF	F	0.05%	0.02%	0.02%
CMCSA	B	1.13%	0.67%	0.67%
CMI	A	0.16%	0.18%	0.16%
CMS	C	0.06%	0.08%	0.06%
CNC	D	0.32%	0.13%	0.13%
CNM	D	0.02%	0.01%	0.01%
CNP	B	0.1%	0.07%	0.07%
COHR	B	0.05%	0.05%	0.05%
COP	C	0.68%	0.51%	0.51%
CPB	D	0.03%	0.04%	0.03%
CPRI	F	0.02%	0.01%	0.01%
CPRT	A	0.03%	0.01%	0.01%
CRM	B	0.52%	0.17%	0.17%
CSCO	B	0.74%	0.89%	0.74%
CSGP	D	0.02%	0.12%	0.02%
CSL	C	0.05%	0.07%	0.05%
CSX	B	0.21%	0.26%	0.21%
CTAS	B	0.07%	0.01%	0.01%
CTRA	B	0.13%	0.07%	0.07%
CTSH	B	0.14%	0.15%	0.14%
CTVA	C	0.14%	0.17%	0.14%
CVS	D	1.02%	0.29%	0.29%
CVX	A	1.68%	1.03%	1.03%
CZR	F	0.05%	0.03%	0.03%
DAL	C	0.06%	0.15%	0.06%
DAR	C	0.03%	0.02%	0.02%
DASH	A	0.07%	0.03%	0.03%
DD	D	0.14%	0.14%	0.14%
DE	A	0.38%	0.41%	0.38%
DELL	C	0.22%	0.11%	0.11%
DG	F	0.07%	0.07%	0.07%
DGX	A	0.07%	0.07%	0.07%
DHI	D	0.17%	0.2%	0.17%
DHR	F	0.21%	0.63%	0.21%
DINO	D	0.09%	0.02%	0.02%
DIS	B	0.57%	0.71%	0.57%
DKS	C	0.06%	0.04%	0.04%
DLTR	F	0.06%	0.05%	0.05%
DOV	A	0.05%	0.1%	0.05%
DOW	F	0.18%	0.14%	0.14%
DOX	D	0.04%	0.04%	0.04%
DRI	B	0.06%	0.04%	0.04%
DTE	C	0.1%	0.1%	0.1%
DVN	F	0.12%	0.1%	0.1%
DXC	B	0.08%	0.01%	0.01%
EA	A	0.1%	0.16%	0.1%
EBAY	D	0.12%	0.12%	0.12%
ECL	D	0.08%	0.03%	0.03%
ED	D	0.14%	0.14%	0.14%
EFX	F	0.04%	0.1%	0.04%
EG	C	0.1%	0.05%	0.05%
EL	F	0.04%	0.04%	0.04%
ELAN	D	0.02%	0.02%	0.02%
ELV	F	0.39%	0.32%	0.32%
EME	C	0.05%	0.05%	0.05%
EMN	D	0.05%	0.05%	0.05%
EMR	A	0.15%	0.25%	0.15%
EOG	A	0.35%	0.28%	0.28%
EQIX	A	0.1%	0.33%	0.1%
EQT	B	0.1%	0.08%	0.08%
ETN	A	0.16%	0.53%	0.16%
EW	C	0.04%	0.13%	0.04%
EXC	C	0.17%	0.16%	0.16%
EXPD	D	0.08%	0.06%	0.06%
F	C	0.54%	0.16%	0.16%
FAF	A	0.04%	0.03%	0.03%
FANG	D	0.16%	0.13%	0.13%
FAST	B	0.07%	0.03%	0.03%
FBIN	D	0.03%	0.04%	0.03%
FCX	D	0.12%	0.26%	0.12%
FDX	B	0.37%	0.25%	0.25%
FE	C	0.09%	0.1%	0.09%
FFIV	B	0.04%	0.05%	0.04%
FI	A	0.36%	0.31%	0.31%
FOXA	B	0.15%	0.04%	0.04%
FSLR	F	0.03%	0.08%	0.03%
FTI	A	0.03%	0.05%	0.03%
FTNT	C	0.07%	0.04%	0.04%
FTV	C	0.06%	0.1%	0.06%
FYBR	D	0.03%	0.04%	0.03%
GAP	C	0.03%	0.02%	0.02%
GD	F	0.19%	0.32%	0.19%
GE	D	0.41%	0.59%	0.41%
GEHC	F	0.06%	0.14%	0.06%
GEN	B	0.04%	0.06%	0.04%
GILD	C	0.38%	0.44%	0.38%
GIS	D	0.13%	0.15%	0.13%
GLW	B	0.13%	0.15%	0.13%
GM	B	0.96%	0.23%	0.23%
GPC	D	0.06%	0.06%	0.06%
GPK	C	0.04%	0.03%	0.03%
GRMN	B	0.05%	0.12%	0.05%
GWW	B	0.09%	0.02%	0.02%
GXO	B	0.03%	0.03%	0.03%
H	B	0.04%	0.02%	0.02%
HAL	C	0.1%	0.1%	0.1%
HAS	D	0.03%	0.0%	0.0%
HCA	F	0.22%	0.2%	0.2%
HD	A	0.89%	0.32%	0.32%
HES	B	0.08%	0.05%	0.05%
HIG	B	0.18%	0.13%	0.13%
HII	D	0.03%	0.03%	0.03%
HLT	A	0.1%	0.11%	0.1%
HOG	D	0.03%	0.02%	0.02%
HOLX	D	0.05%	0.07%	0.05%
HON	B	0.31%	0.45%	0.31%
HPE	B	0.21%	0.1%	0.1%
HPQ	B	0.18%	0.11%	0.11%
HRB	D	0.03%	0.03%	0.03%
HRL	D	0.05%	0.04%	0.04%
HSIC	B	0.04%	0.04%	0.04%
HST	C	0.04%	0.05%	0.04%
HSY	F	0.06%	0.09%	0.06%
HUBB	B	0.03%	0.09%	0.03%
HUM	C	0.26%	0.12%	0.12%
HUN	F	0.03%	0.01%	0.01%
HWM	A	0.05%	0.15%	0.05%
IAC	D	0.02%	0.01%	0.01%
IBM	C	0.54%	0.76%	0.54%
IFF	D	0.07%	0.1%	0.07%
ILMN	D	0.03%	0.09%	0.03%
INGR	B	0.04%	0.03%	0.03%
INTC	D	0.42%	0.37%	0.37%
IP	B	0.14%	0.08%	0.08%
IPG	D	0.05%	0.04%	0.04%
IQV	D	0.07%	0.13%	0.07%
IR	B	0.06%	0.15%	0.06%
IRM	D	0.06%	0.06%	0.06%
ITW	B	0.14%	0.19%	0.14%
J	F	0.06%	0.07%	0.06%
JAZZ	B	0.03%	0.03%	0.03%
JBHT	C	0.05%	0.06%	0.05%
JBL	B	0.11%	0.05%	0.05%
JCI	C	0.17%	0.17%	0.17%
JHG	A	0.03%	0.02%	0.02%
JLL	D	0.06%	0.04%	0.04%
JNJ	D	0.9%	1.54%	0.9%
JNPR	F	0.04%	0.05%	0.04%
K	A	0.08%	0.08%	0.08%
KD	B	0.04%	0.02%	0.02%
KDP	D	0.11%	0.15%	0.11%
KEYS	A	0.05%	0.1%	0.05%
KHC	F	0.22%	0.12%	0.12%
KMB	D	0.11%	0.11%	0.11%
KMI	A	0.28%	0.19%	0.19%
KMX	B	0.07%	0.04%	0.04%
KNX	B	0.05%	0.03%	0.03%
KO	D	0.43%	0.43%	0.43%
KR	B	0.36%	0.15%	0.15%
KSS	F	0.04%	0.01%	0.01%
LAD	A	0.08%	0.04%	0.04%
LBRDK	C	0.06%	0.03%	0.03%
LDOS	C	0.06%	0.1%	0.06%
LEA	D	0.05%	0.02%	0.02%
LEN	D	0.2%	0.01%	0.01%
LEN	D	0.2%	0.16%	0.16%
LH	C	0.1%	0.08%	0.08%
LHX	C	0.15%	0.19%	0.15%
LIN	D	0.39%	0.88%	0.39%
LKQ	D	0.05%	0.04%	0.04%
LMT	D	0.47%	0.32%	0.32%
LNG	B	0.25%	0.09%	0.09%
LOW	D	0.47%	0.6%	0.47%
LUV	C	0.03%	0.07%	0.03%
LYB	F	0.13%	0.09%	0.09%
M	D	0.05%	0.02%	0.02%
MAN	D	0.04%	0.01%	0.01%
MAR	B	0.16%	0.24%	0.16%
MAS	D	0.04%	0.07%	0.04%
MCD	D	0.29%	0.79%	0.29%
MCHP	D	0.07%	0.16%	0.07%
MCK	B	0.63%	0.15%	0.15%
MDLZ	F	0.22%	0.37%	0.22%
MDT	D	0.34%	0.46%	0.34%
MGM	D	0.07%	0.03%	0.03%
MHK	D	0.05%	0.03%	0.03%
MKC	D	0.04%	0.08%	0.04%
MKL	A	0.1%	0.06%	0.06%
MLM	B	0.05%	0.14%	0.05%
MMC	B	0.17%	0.37%	0.17%
MMM	D	0.27%	0.23%	0.23%
MNST	C	0.05%	0.03%	0.03%
MO	A	0.34%	0.37%	0.34%
MOH	F	0.07%	0.03%	0.03%
MOS	F	0.09%	0.03%	0.03%
MPC	D	0.65%	0.21%	0.21%
MRNA	F	0.02%	0.07%	0.02%
MRO	B	0.14%	0.06%	0.06%
MRVL	B	0.09%	0.25%	0.09%
MSCI	C	0.04%	0.07%	0.04%
MSI	B	0.08%	0.16%	0.08%
MTD	D	0.03%	0.11%	0.03%
MTDR	B	0.03%	0.02%	0.02%
MTN	C	0.03%	0.0%	0.0%
MU	D	0.17%	0.44%	0.17%
NDAQ	A	0.05%	0.12%	0.05%
NEM	D	0.13%	0.21%	0.13%
NFG	A	0.03%	0.02%	0.02%
NKE	D	0.25%	0.14%	0.14%
NOC	D	0.21%	0.28%	0.21%
NOV	C	0.02%	0.02%	0.02%
NRG	B	0.07%	0.04%	0.04%
NSC	B	0.16%	0.23%	0.16%
NTAP	C	0.06%	0.05%	0.05%
NUE	C	0.21%	0.14%	0.14%
NVR	D	0.07%	0.1%	0.07%
NWL	B	0.04%	0.01%	0.01%
NWSA	B	0.06%	0.04%	0.04%
NXST	C	0.04%	0.01%	0.01%
OC	A	0.07%	0.06%	0.06%
OKE	A	0.18%	0.23%	0.18%
OLN	D	0.04%	0.02%	0.02%
OMC	C	0.07%	0.08%	0.07%
OMF	A	0.06%	0.02%	0.02%
ON	D	0.06%	0.12%	0.06%
ORI	A	0.07%	0.03%	0.03%
ORLY	B	0.13%	0.02%	0.02%
OSK	B	0.03%	0.03%	0.03%
OTIS	C	0.05%	0.16%	0.05%
OVV	B	0.09%	0.04%	0.04%
OXY	D	0.28%	0.13%	0.13%
PARA	C	0.1%	0.03%	0.03%
PAYX	C	0.06%	0.11%	0.06%
PCAR	B	0.17%	0.21%	0.17%
PENN	C	0.04%	0.01%	0.01%
PEP	F	0.41%	0.19%	0.19%
PFE	D	0.61%	0.64%	0.61%
PFGC	B	0.12%	0.04%	0.04%
PG	A	0.75%	1.21%	0.75%
PGR	A	0.3%	0.09%	0.09%
PH	A	0.14%	0.32%	0.14%
PHM	D	0.1%	0.11%	0.1%
PII	D	0.03%	0.01%	0.01%
PKG	A	0.07%	0.08%	0.07%
PM	B	0.37%	0.83%	0.37%
POST	C	0.03%	0.02%	0.02%
PPG	F	0.07%	0.12%	0.07%
PPL	B	0.1%	0.1%	0.1%
PR	B	0.03%	0.03%	0.03%
PRGO	B	0.02%	0.01%	0.01%
PSA	D	0.13%	0.18%	0.13%
PSX	C	0.46%	0.2%	0.2%
PVH	C	0.04%	0.02%	0.02%
PWR	A	0.08%	0.12%	0.08%
PYPL	B	0.33%	0.32%	0.32%
QCOM	F	0.29%	0.05%	0.05%
QRVO	F	0.02%	0.03%	0.02%
R	B	0.08%	0.02%	0.02%
RCL	A	0.11%	0.13%	0.11%
REGN	F	0.14%	0.32%	0.14%
RGA	A	0.11%	0.06%	0.06%
RH	B	0.04%	0.02%	0.02%
RHI	B	0.03%	0.03%	0.03%
RL	B	0.04%	0.03%	0.03%
RMD	C	0.04%	0.1%	0.04%
RNR	C	0.06%	0.05%	0.05%
ROK	B	0.06%	0.11%	0.06%
ROP	B	0.07%	0.23%	0.07%
ROST	C	0.1%	0.14%	0.1%
RPM	A	0.04%	0.05%	0.04%
RRC	B	0.03%	0.03%	0.03%
RRX	B	0.04%	0.04%	0.04%
RS	B	0.08%	0.07%	0.07%
RSG	A	0.08%	0.16%	0.08%
RTX	C	0.65%	0.64%	0.64%
SAIC	F	0.03%	0.03%	0.03%
SBAC	D	0.04%	0.1%	0.04%
SBUX	A	0.21%	0.1%	0.1%
SCI	B	0.04%	0.05%	0.04%
SHW	A	0.13%	0.03%	0.03%
SJM	D	0.06%	0.05%	0.05%
SKX	D	0.03%	0.03%	0.03%
SLB	C	0.18%	0.23%	0.18%
SNA	A	0.06%	0.07%	0.06%
SNX	C	0.11%	0.03%	0.03%
SON	D	0.02%	0.02%	0.02%
SQ	B	0.1%	0.09%	0.09%
SSNC	B	0.05%	0.06%	0.05%
STE	F	0.04%	0.09%	0.04%
STLD	B	0.13%	0.08%	0.08%
STZ	D	0.1%	0.15%	0.1%
SW	A	0.09%	0.11%	0.09%
SWK	D	0.07%	0.06%	0.06%
SWKS	F	0.05%	0.06%	0.05%
SYK	C	0.15%	0.36%	0.15%
SYY	B	0.18%	0.06%	0.06%
T	A	1.36%	0.65%	0.65%
TAP	C	0.09%	0.04%	0.04%
TDG	D	0.04%	0.23%	0.04%
TDY	B	0.05%	0.08%	0.05%
TER	D	0.02%	0.01%	0.01%
TGT	F	0.25%	0.28%	0.25%
THC	D	0.07%	0.06%	0.06%
THO	B	0.04%	0.02%	0.02%
TJX	A	0.28%	0.21%	0.21%
TMO	F	0.31%	0.84%	0.31%
TMUS	B	0.4%	0.43%	0.4%
TOL	B	0.07%	0.06%	0.06%
TPG	A	0.05%	0.02%	0.02%
TPR	B	0.06%	0.04%	0.04%
TROW	B	0.08%	0.1%	0.08%
TRV	B	0.28%	0.22%	0.22%
TSN	B	0.18%	0.07%	0.07%
TT	A	0.12%	0.22%	0.12%
TTWO	A	0.04%	0.11%	0.04%
TW	A	0.03%	0.04%	0.03%
TWLO	A	0.07%	0.04%	0.04%
TXN	C	0.26%	0.65%	0.26%
TXT	D	0.07%	0.06%	0.06%
UAL	A	0.08%	0.1%	0.08%
UGI	A	0.04%	0.02%	0.02%
UHS	D	0.07%	0.05%	0.05%
ULTA	F	0.05%	0.01%	0.01%
UNH	C	1.58%	1.94%	1.58%
UNP	C	0.25%	0.3%	0.25%
UPS	C	0.43%	0.39%	0.39%
URI	B	0.14%	0.16%	0.14%
USFD	A	0.1%	0.06%	0.06%
UTHR	C	0.04%	0.07%	0.04%
VFC	C	0.05%	0.03%	0.03%
VLO	C	0.47%	0.17%	0.17%
VMC	B	0.06%	0.11%	0.06%
VRSN	F	0.03%	0.06%	0.03%
VRTX	F	0.11%	0.25%	0.11%
VTRS	A	0.15%	0.06%	0.06%
VZ	C	1.14%	0.71%	0.71%
WAB	B	0.07%	0.13%	0.07%
WBA	F	0.12%	0.03%	0.03%
WBD	C	0.28%	0.08%	0.08%
WCC	B	0.05%	0.03%	0.03%
WDC	D	0.04%	0.09%	0.04%
WHR	B	0.07%	0.02%	0.02%
WMT	A	1.3%	1.42%	1.3%
WRB	A	0.08%	0.07%	0.07%
WSC	D	0.03%	0.02%	0.02%
WSM	B	0.05%	0.03%	0.03%
WSO	A	0.03%	0.07%	0.03%
WST	C	0.02%	0.04%	0.02%
WTW	B	0.1%	0.12%	0.1%
WU	D	0.02%	0.01%	0.01%
WY	D	0.06%	0.09%	0.06%
X	C	0.1%	0.03%	0.03%
XEL	A	0.18%	0.15%	0.15%
XOM	B	2.41%	2.1%	2.1%
XYL	D	0.04%	0.12%	0.04%
YUM	B	0.03%	0.09%	0.03%
ZBH	C	0.07%	0.09%	0.07%
ZM	B	0.05%	0.08%	0.05%
ZTS	D	0.09%	0.06%	0.06%

IUS Overweight 110 Positions Relative to VONV

Symbol	Grade	Weight
AAPL	C	4.81%
GOOGL	C	3.66%
MSFT	F	2.68%
META	D	2.2%
AMZN	C	2.07%
NVDA	C	0.97%
COST	B	0.74%
V	A	0.74%
AVGO	D	0.73%
TSLA	B	0.7%
MA	C	0.45%
COR	B	0.45%
LUMN	C	0.42%
MRK	F	0.39%
NFLX	A	0.35%
ORCL	B	0.35%
ADBE	C	0.27%
BX	A	0.26%
LLY	F	0.22%
INTU	C	0.19%
VST	B	0.18%
WM	A	0.16%
TRGP	B	0.14%
EXPE	B	0.14%
ISRG	A	0.13%
ABNB	C	0.13%
LRCX	F	0.13%
UNFI	A	0.12%
SNEX	B	0.12%
UBER	D	0.11%
FLEX	A	0.11%
KLAC	D	0.1%
NOW	A	0.1%
APP	B	0.1%
ZIM	C	0.09%
MELI	D	0.09%
WKC	D	0.09%
ADSK	A	0.08%
VRSK	A	0.08%
WCN	A	0.07%
MCO	B	0.07%
PANW	C	0.07%
TX	F	0.07%
GPI	A	0.06%
WDAY	B	0.06%
SATS	D	0.06%
LVS	C	0.06%
CPAY	A	0.06%
TSCO	D	0.06%
PBF	D	0.06%
SNPS	B	0.06%
LPLA	A	0.06%
TMHC	B	0.05%
LYV	A	0.05%
LULU	C	0.05%
CDNS	B	0.05%
BFH	B	0.05%
CMG	B	0.05%
TDS	B	0.05%
CPNG	D	0.05%
GDDY	A	0.05%
CNX	A	0.05%
NCLH	B	0.05%
ODFL	B	0.05%
MUSA	A	0.05%
DVA	B	0.05%
STX	D	0.04%
GT	C	0.04%
IT	C	0.04%
KBH	D	0.04%
HTZ	C	0.04%
FLR	B	0.04%
ABG	B	0.04%
CLX	B	0.04%
BURL	A	0.04%
CMC	B	0.04%
ANET	C	0.04%
BTU	B	0.04%
BECN	B	0.04%
DK	C	0.03%
SIG	B	0.03%
TNET	D	0.03%
VVV	F	0.03%
ARCH	B	0.03%
MTH	D	0.03%
POOL	C	0.03%
BCC	B	0.03%
NU	C	0.03%
SM	B	0.03%
SNOW	C	0.03%
OGS	A	0.03%
DECK	A	0.03%
BAH	F	0.03%
ALV	C	0.03%
MUR	D	0.03%
UFPI	B	0.03%
TGNA	B	0.03%
ANDE	D	0.03%
DAN	D	0.02%
ODP	F	0.02%
DXCM	D	0.02%
XRX	F	0.02%
PINS	D	0.02%
NSIT	F	0.02%
ASO	F	0.02%
CVI	F	0.02%
AMR	C	0.02%
HP	B	0.02%
ADNT	F	0.02%
ATKR	C	0.01%

IUS Underweight 406 Positions Relative to VONV

Symbol	Grade	Weight
JPM	A	-2.55%
BAC	A	-1.14%
WFC	A	-0.91%
NEE	D	-0.65%
SPGI	C	-0.6%
BLK	C	-0.58%
MS	A	-0.51%
C	A	-0.49%
GS	A	-0.48%
ADI	D	-0.44%
PLD	D	-0.42%
SO	D	-0.4%
SCHW	B	-0.38%
DUK	C	-0.36%
ICE	C	-0.35%
WELL	A	-0.33%
GEV	B	-0.33%
CME	A	-0.32%
PNC	B	-0.3%
USB	A	-0.3%
KKR	A	-0.27%
COF	B	-0.25%
WMB	A	-0.25%
AJG	B	-0.23%
TFC	A	-0.23%
DLR	B	-0.23%
AFL	B	-0.23%
BK	A	-0.22%
O	D	-0.21%
AEP	D	-0.21%
SRE	A	-0.21%
AIG	B	-0.2%
D	C	-0.2%
FIS	C	-0.2%
CCI	D	-0.19%
KVUE	A	-0.18%
PRU	A	-0.18%
PEG	A	-0.18%
MET	A	-0.18%
PCG	A	-0.17%
SPG	B	-0.16%
DFS	B	-0.15%
EXR	D	-0.14%
MSTR	C	-0.14%
EIX	B	-0.13%
AVB	B	-0.13%
MTB	A	-0.13%
ETR	B	-0.13%
VICI	C	-0.13%
FITB	A	-0.12%
WEC	A	-0.12%
GPN	B	-0.11%
VTR	C	-0.11%
EQR	B	-0.11%
AWK	D	-0.11%
STT	A	-0.11%
RJF	A	-0.11%
SYF	B	-0.09%
RF	A	-0.09%
HBAN	A	-0.09%
ES	D	-0.09%
AEE	A	-0.09%
FCNCA	A	-0.09%
APO	B	-0.08%
PFG	D	-0.08%
CFG	B	-0.08%
INVH	D	-0.08%
ARE	D	-0.08%
NTRS	A	-0.08%
ATO	A	-0.08%
IEX	B	-0.07%
SUI	D	-0.07%
PNR	A	-0.07%
CVNA	B	-0.07%
MAA	B	-0.07%
ESS	B	-0.07%
TRU	D	-0.07%
UDR	B	-0.06%
VLTO	D	-0.06%
NDSN	B	-0.06%
L	A	-0.06%
RVTY	F	-0.06%
TRMB	B	-0.06%
ZBRA	B	-0.06%
LNT	A	-0.06%
RBA	A	-0.06%
HOOD	B	-0.06%
FNF	B	-0.06%
KIM	A	-0.06%
DOC	D	-0.06%
NI	A	-0.06%
KEY	B	-0.06%
IBKR	A	-0.06%
TECH	D	-0.05%
ITT	A	-0.05%
CLH	B	-0.05%
UNM	A	-0.05%
AMH	D	-0.05%
CPT	B	-0.05%
WPC	D	-0.05%
ALLE	D	-0.05%
NVT	B	-0.05%
BMRN	D	-0.05%
BXP	D	-0.05%
ELS	C	-0.05%
GLPI	C	-0.05%
REG	B	-0.05%
CW	B	-0.05%
JKHY	D	-0.05%
EVRG	A	-0.05%
EWBC	A	-0.05%
GGG	B	-0.05%
DTM	B	-0.04%
DCI	B	-0.04%
BWXT	B	-0.04%
WBS	A	-0.04%
WAL	B	-0.04%
NYT	C	-0.04%
WYNN	D	-0.04%
FRT	B	-0.04%
CRL	C	-0.04%
CIEN	B	-0.04%
MTCH	D	-0.04%
REXR	F	-0.04%
AYI	B	-0.04%
ALSN	B	-0.04%
GL	B	-0.04%
DPZ	C	-0.04%
QGEN	D	-0.04%
FHN	A	-0.04%
TFX	F	-0.04%
EVR	B	-0.04%
DAY	B	-0.04%
PRI	A	-0.04%
RGLD	C	-0.04%
SOFI	A	-0.04%
WTRG	B	-0.04%
CNH	C	-0.04%
EPAM	C	-0.04%
EHC	B	-0.04%
WWD	B	-0.04%
PNW	B	-0.04%
SOLV	C	-0.04%
AFRM	B	-0.04%
TTEK	F	-0.04%
BLD	D	-0.04%
SF	B	-0.04%
OHI	C	-0.04%
RPRX	D	-0.04%
CTLT	B	-0.04%
MKTX	D	-0.04%
CUBE	D	-0.04%
NTNX	A	-0.04%
CG	A	-0.04%
INCY	C	-0.04%
ATR	B	-0.04%
FDS	B	-0.04%
LSTR	D	-0.03%
MKSI	C	-0.03%
MTSI	B	-0.03%
OKTA	C	-0.03%
IVZ	B	-0.03%
WEX	D	-0.03%
XP	F	-0.03%
BBWI	D	-0.03%
RGEN	D	-0.03%
MTG	C	-0.03%
ATI	D	-0.03%
SIRI	C	-0.03%
WMS	D	-0.03%
BFAM	D	-0.03%
CGNX	C	-0.03%
PB	A	-0.03%
KEX	C	-0.03%
G	B	-0.03%
STAG	F	-0.03%
COKE	C	-0.03%
FCN	D	-0.03%
MAT	D	-0.03%
AGNC	D	-0.03%
ROKU	D	-0.03%
FND	C	-0.03%
MIDD	C	-0.03%
SSD	D	-0.03%
FR	C	-0.03%
FLS	B	-0.03%
BIO	D	-0.03%
ESAB	B	-0.03%
GNTX	C	-0.03%
FICO	B	-0.03%
SNV	B	-0.03%
CHE	D	-0.03%
ONTO	D	-0.03%
Z	A	-0.03%
VNO	B	-0.03%
COLD	D	-0.03%
ADC	B	-0.03%
SEIC	B	-0.03%
WAT	B	-0.03%
CBSH	A	-0.03%
CFR	B	-0.03%
ZION	B	-0.03%
WTFC	A	-0.03%
LW	C	-0.03%
EXAS	D	-0.03%
LECO	B	-0.03%
CR	A	-0.03%
MTZ	B	-0.03%
APG	B	-0.03%
NNN	D	-0.03%
RBC	A	-0.03%
TKO	B	-0.03%
OGE	B	-0.03%
PNFP	B	-0.03%
JEF	A	-0.03%
BRX	A	-0.03%
FMC	D	-0.03%
VOYA	B	-0.03%
CRBG	B	-0.03%
KBR	F	-0.03%
HLI	B	-0.03%
GMED	A	-0.03%
EGP	F	-0.03%
RIVN	F	-0.03%
ALLY	C	-0.03%
GWRE	A	-0.03%
GME	C	-0.03%
AXTA	A	-0.03%
TTC	D	-0.03%
CMA	A	-0.03%
BRBR	A	-0.03%
LAMR	D	-0.03%
PTC	A	-0.03%
ALNY	D	-0.02%
KMPR	B	-0.02%
MSGS	A	-0.02%
ACHC	F	-0.02%
TYL	B	-0.02%
SITE	D	-0.02%
PAYC	B	-0.02%
GTES	A	-0.02%
W	F	-0.02%
AWI	A	-0.02%
FLO	D	-0.02%
UHAL	D	-0.02%
OLED	D	-0.02%
FRPT	B	-0.02%
ASH	D	-0.02%
EEFT	B	-0.02%
SLGN	A	-0.02%
LITE	B	-0.02%
DLB	B	-0.02%
DBX	B	-0.02%
AGO	B	-0.02%
WTM	A	-0.02%
WLK	D	-0.02%
BILL	A	-0.02%
AMP	A	-0.02%
RYN	D	-0.02%
OZK	B	-0.02%
XRAY	F	-0.02%
AL	B	-0.02%
CUZ	B	-0.02%
KRC	C	-0.02%
DOCS	C	-0.02%
SLM	A	-0.02%
BYD	C	-0.02%
HXL	D	-0.02%
OGN	D	-0.02%
SN	D	-0.02%
ROIV	C	-0.02%
PSN	D	-0.02%
GNRC	B	-0.02%
SEE	C	-0.02%
ZG	A	-0.02%
ST	F	-0.02%
FNB	A	-0.02%
FOX	A	-0.02%
IDA	A	-0.02%
CROX	D	-0.02%
THG	A	-0.02%
TKR	D	-0.02%
SAIA	B	-0.02%
OLLI	D	-0.02%
BPOP	B	-0.02%
COIN	C	-0.02%
SRCL	C	-0.02%
VNT	B	-0.02%
MDU	D	-0.02%
CRUS	D	-0.02%
LNC	B	-0.02%
S	B	-0.02%
COLB	A	-0.02%
LFUS	F	-0.02%
ALK	C	-0.02%
ESI	A	-0.02%
AXS	A	-0.02%
RLI	B	-0.02%
MSA	D	-0.02%
STWD	C	-0.02%
WH	B	-0.02%
VMI	B	-0.02%
UA	C	-0.01%
SNDR	B	-0.01%
FTRE	D	-0.01%
GO	C	-0.01%
LYFT	C	-0.01%
REYN	D	-0.01%
EXEL	B	-0.01%
LEG	F	-0.01%
TRIP	F	-0.01%
WOLF	F	-0.01%
WEN	D	-0.01%
INFA	D	-0.01%
VSTS	C	-0.01%
BIRK	D	-0.01%
PPC	C	-0.01%
QS	F	-0.01%
UAA	C	-0.01%
AZEK	A	-0.01%
LPX	B	-0.01%
CRI	D	-0.01%
PSTG	D	-0.01%
PINC	B	-0.01%
CNXC	F	-0.01%
SAM	C	-0.01%
ETSY	D	-0.01%
YETI	C	-0.01%
AZTA	D	-0.01%
BROS	B	-0.01%
LCID	F	-0.01%
GLOB	B	-0.01%
IPGP	D	-0.01%
RKT	F	-0.01%
RCM	F	-0.01%
BRKR	D	-0.01%
ENOV	C	-0.01%
JWN	C	-0.01%
ADTN	A	-0.01%
EXP	A	-0.01%
HAYW	B	-0.01%
BOKF	B	-0.01%
MP	B	-0.01%
SHC	F	-0.01%
HHH	B	-0.01%
SPB	C	-0.01%
CWEN	C	-0.01%
CC	C	-0.01%
VIRT	B	-0.01%
AGR	B	-0.01%
ALGM	D	-0.01%
CXT	B	-0.01%
VAC	B	-0.01%
CLVT	F	-0.01%
COLM	B	-0.01%
LOPE	B	-0.01%
MPW	F	-0.01%
PAG	B	-0.01%
COTY	F	-0.01%
PK	B	-0.01%
NSA	D	-0.01%
BHF	B	-0.01%
MASI	A	-0.01%
AM	A	-0.01%
AMED	F	-0.01%
IRDM	D	-0.01%
PLNT	A	-0.01%
FHB	A	-0.01%
TNL	A	-0.01%
SPR	D	-0.01%
U	C	-0.01%
NWS	B	-0.01%
EPR	D	-0.01%
ZI	D	-0.01%
HIW	D	-0.01%
NEU	C	-0.01%
GFS	C	-0.01%
MSM	C	-0.01%
NVST	B	-0.01%
DNB	B	-0.01%
SMG	D	-0.01%
UHAL	D	-0.0%
UWMC	D	-0.0%
SEG	B	-0.0%
NFE	D	-0.0%
IONS	F	-0.0%
TXG	F	-0.0%
PLTK	B	-0.0%
CHH	A	-0.0%
CACC	D	-0.0%
UI	A	-0.0%
TFSL	A	-0.0%
LBRDA	C	-0.0%
SEB	F	-0.0%
PATH	C	-0.0%
CWEN	C	-0.0%
DJT	C	-0.0%
LSCC	D	-0.0%
PYCR	C	-0.0%
HCP	B	-0.0%
FIVE	F	-0.0%
CNA	B	-0.0%
DV	C	-0.0%
DDS	B	-0.0%
NCNO	B	-0.0%
CERT	F	-0.0%