VBR vs. EBIT ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to Harbor AlphaEdge Small Cap Earners ETF (EBIT)

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

$207.03

Average Daily Volume

431,704

Number of Holdings ^*

797

* may have additional holdings in another (foreign) market

EBIT

Harbor AlphaEdge Small Cap Earners ETF

EBIT Description

The fund invests at least 80% of its total assets in securities that are included in the Index. The index is designed to deliver exposure to equity securities of small cap U.S. companies that are profitable, or "small cap earners," based on the index provider"s methodology.

Grade (RS Rating)

Last Trade

$34.44

Average Daily Volume

2,675

Number of Holdings ^*

651

* may have additional holdings in another (foreign) market

Performance

Period	VBR	EBIT
30 Days	1.03%	0.98%
60 Days	5.45%	5.33%
90 Days	8.32%	7.11%
12 Months	30.83%

284 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in EBIT	Overlap
ABCB	A	0.12%	0.25%	0.12%
ABG	A	0.14%	0.52%	0.14%
ABM	B	0.1%	0.18%	0.1%
ABR	C	0.08%	0.53%	0.08%
ACA	B	0.13%	0.16%	0.13%
ACDC	D	0.0%	0.06%	0.0%
ACT	C	0.03%	0.41%	0.03%
AEO	F	0.11%	0.12%	0.11%
AIT	A	0.25%	0.31%	0.25%
ALE	A	0.11%	0.17%	0.11%
ALEX	B	0.04%	0.08%	0.04%
AMBC	C	0.01%	0.16%	0.01%
AMCX	C	0.0%	0.14%	0.0%
AMN	F	0.05%	0.08%	0.05%
AMWD	B	0.02%	0.06%	0.02%
ANDE	C	0.05%	0.12%	0.05%
ANF	C	0.21%	0.17%	0.17%
APAM	A	0.09%	0.24%	0.09%
APLE	B	0.09%	0.16%	0.09%
APOG	B	0.04%	0.07%	0.04%
ARCB	C	0.07%	0.12%	0.07%
ARCH	B	0.07%	0.39%	0.07%
ARI	D	0.04%	0.19%	0.04%
AROC	A	0.09%	0.19%	0.09%
ARRY	C	0.01%	0.03%	0.01%
ASB	A	0.09%	0.25%	0.09%
ASGN	D	0.11%	0.17%	0.11%
ASO	F	0.12%	0.35%	0.12%
ATKR	C	0.09%	0.32%	0.09%
ATSG	A	0.03%	0.18%	0.03%
AUB	A	0.1%	0.17%	0.1%
AVA	C	0.09%	0.15%	0.09%
AVNS	F	0.03%	0.05%	0.03%
AVNT	A	0.13%	0.25%	0.13%
AWR	A	0.09%	0.12%	0.09%
AX	A	0.1%	0.22%	0.1%
AXL	C	0.02%	0.11%	0.02%
BANF	A	0.06%	0.18%	0.06%
BANR	A	0.06%	0.19%	0.06%
BCC	B	0.16%	0.42%	0.16%
BCO	F	0.14%	0.2%	0.14%
BDC	B	0.14%	0.24%	0.14%
BECN	B	0.15%	0.28%	0.15%
BFH	A	0.07%	0.36%	0.07%
BGS	F	0.02%	0.05%	0.02%
BKD	F	0.04%	0.06%	0.04%
BKE	A	0.04%	0.17%	0.04%
BKH	A	0.12%	0.29%	0.12%
BKU	A	0.08%	0.21%	0.08%
BLMN	F	0.04%	0.09%	0.04%
BNL	D	0.1%	0.14%	0.1%
BOH	A	0.07%	0.2%	0.07%
BTU	B	0.09%	0.64%	0.09%
BV	C	0.03%	0.08%	0.03%
BXMT	D	0.07%	0.54%	0.07%
CABO	B	0.05%	0.24%	0.05%
CADE	A	0.17%	0.23%	0.17%
CAL	D	0.02%	0.1%	0.02%
CARS	B	0.03%	0.04%	0.03%
CATY	A	0.08%	0.27%	0.08%
CBRL	C	0.03%	0.09%	0.03%
CBT	C	0.18%	0.31%	0.18%
CBU	A	0.09%	0.18%	0.09%
CCO	D	0.01%	0.12%	0.01%
CDP	C	0.1%	0.14%	0.1%
CENT	C	0.01%	0.11%	0.01%
CHCO	A	0.05%	0.14%	0.05%
CMC	B	0.18%	0.54%	0.18%
CMPR	F	0.02%	0.06%	0.02%
CNO	A	0.1%	0.38%	0.1%
COOP	B	0.16%	0.79%	0.16%
CRC	B	0.12%	0.35%	0.12%
CRCT	F	0.01%	0.05%	0.01%
CRGY	A	0.05%	0.39%	0.05%
CSR	A	0.03%	0.06%	0.03%
CVBF	A	0.07%	0.19%	0.07%
CVI	D	0.02%	0.24%	0.02%
CWH	B	0.01%	0.25%	0.01%
CWK	B	0.09%	0.23%	0.09%
CXW	B	0.04%	0.16%	0.04%
DAN	F	0.04%	0.09%	0.04%
DEI	B	0.08%	0.17%	0.08%
DIN	C	0.01%	0.1%	0.01%
DK	D	0.03%	0.12%	0.03%
DNOW	A	0.04%	0.07%	0.04%
DRH	B	0.05%	0.09%	0.05%
DY	C	0.08%	0.15%	0.08%
EBC	A	0.09%	0.1%	0.09%
ECPG	A	0.03%	0.16%	0.03%
EGBN	A	0.01%	0.15%	0.01%
EMBC	C	0.02%	0.14%	0.02%
ENS	D	0.12%	0.13%	0.12%
EPC	F	0.05%	0.15%	0.05%
ESGR	B	0.11%	0.12%	0.11%
ESNT	D	0.19%	0.39%	0.19%
FA	D	0.03%	0.08%	0.03%
FBP	A	0.1%	0.21%	0.1%
FBRT	C	0.03%	0.12%	0.03%
FFBC	A	0.07%	0.18%	0.07%
FFIN	A	0.13%	0.19%	0.13%
FG	A	0.02%	0.2%	0.02%
FIBK	A	0.07%	0.19%	0.07%
FL	F	0.07%	0.15%	0.07%
FOR	F	0.02%	0.1%	0.02%
FRME	A	0.06%	0.16%	0.06%
FUL	F	0.12%	0.23%	0.12%
FULT	A	0.09%	0.21%	0.09%
FWRD	D	0.01%	0.1%	0.01%
GATX	A	0.14%	0.25%	0.14%
GBCI	A	0.15%	0.23%	0.15%
GEF	A	0.0%	0.28%	0.0%
GEF	A	0.04%	0.28%	0.04%
GEO	A	0.05%	0.33%	0.05%
GFF	A	0.09%	0.09%	0.09%
GHC	A	0.08%	0.22%	0.08%
GMS	A	0.1%	0.25%	0.1%
GNW	A	0.09%	0.46%	0.09%
GOLF	A	0.05%	0.15%	0.05%
GPI	A	0.14%	0.57%	0.14%
GT	C	0.07%	0.21%	0.07%
HASI	F	0.12%	0.13%	0.12%
HBI	A	0.07%	0.29%	0.07%
HCC	B	0.1%	0.29%	0.1%
HEES	B	0.04%	0.16%	0.04%
HELE	C	0.04%	0.13%	0.04%
HI	C	0.06%	0.15%	0.06%
HLF	C	0.02%	0.16%	0.02%
HLIO	B	0.05%	0.09%	0.05%
HMN	A	0.04%	0.05%	0.04%
HOMB	A	0.14%	0.26%	0.14%
HOPE	A	0.04%	0.17%	0.04%
HP	C	0.04%	0.12%	0.04%
HPP	F	0.02%	0.03%	0.02%
HTLD	B	0.02%	0.08%	0.02%
HTLF	A	0.03%	0.19%	0.03%
HTZ	C	0.01%	0.72%	0.01%
HUBG	A	0.08%	0.19%	0.08%
HWC	A	0.13%	0.32%	0.13%
IART	C	0.03%	0.1%	0.03%
IBOC	A	0.1%	0.24%	0.1%
IBTX	A	0.06%	0.15%	0.06%
INDB	A	0.07%	0.17%	0.07%
INSW	F	0.04%	0.16%	0.04%
INVA	C	0.03%	0.21%	0.03%
JACK	D	0.03%	0.13%	0.03%
JELD	F	0.04%	0.06%	0.04%
JXN	B	0.2%	1.74%	0.2%
KALU	C	0.03%	0.04%	0.03%
KBH	D	0.16%	0.36%	0.16%
KFRC	D	0.03%	0.05%	0.03%
KFY	B	0.11%	0.21%	0.11%
KNF	B	0.15%	0.14%	0.14%
KREF	D	0.02%	0.17%	0.02%
KTB	A	0.13%	0.24%	0.13%
LADR	A	0.04%	0.19%	0.04%
LC	B	0.03%	0.09%	0.03%
LCII	D	0.04%	0.17%	0.04%
LESL	C	0.0%	0.09%	0.0%
LXP	D	0.08%	0.14%	0.08%
MAC	A	0.11%	0.08%	0.08%
MATX	B	0.14%	0.59%	0.14%
MD	B	0.03%	0.12%	0.03%
MHO	D	0.06%	0.25%	0.06%
MLI	B	0.24%	0.53%	0.24%
MMI	A	0.03%	0.06%	0.03%
MNRO	B	0.02%	0.07%	0.02%
MODG	F	0.02%	0.06%	0.02%
MOG.A	B	0.17%	0.24%	0.17%
MTH	D	0.21%	0.43%	0.21%
MTRN	C	0.07%	0.07%	0.07%
MUR	F	0.14%	0.42%	0.14%
NAPA	A	0.01%	0.09%	0.01%
NAVI	D	0.03%	1.35%	0.03%
NGVT	B	0.04%	0.1%	0.04%
NHC	B	0.05%	0.1%	0.05%
NHI	D	0.11%	0.11%	0.11%
NJR	A	0.13%	0.27%	0.13%
NMRK	B	0.06%	0.29%	0.06%
NNI	C	0.04%	0.4%	0.04%
NSIT	F	0.2%	0.16%	0.16%
NSP	F	0.09%	0.1%	0.09%
NUS	C	0.01%	0.03%	0.01%
NWE	C	0.1%	0.19%	0.1%
NX	C	0.04%	0.06%	0.04%
OFG	B	0.06%	0.13%	0.06%
OGS	A	0.12%	0.22%	0.12%
OI	C	0.06%	0.4%	0.06%
OLPX	D	0.01%	0.11%	0.01%
OMI	F	0.03%	0.07%	0.03%
ONB	B	0.17%	0.28%	0.17%
OTTR	C	0.09%	0.17%	0.09%
OUT	C	0.07%	0.07%	0.07%
OXM	F	0.04%	0.08%	0.04%
PBF	D	0.08%	0.87%	0.08%
PBH	A	0.1%	0.19%	0.1%
PCH	D	0.1%	0.14%	0.1%
PDCO	F	0.05%	0.12%	0.05%
PFS	A	0.07%	0.15%	0.07%
PFSI	D	0.08%	0.49%	0.08%
PHIN	A	0.06%	0.17%	0.06%
PIPR	A	0.14%	0.22%	0.14%
PMT	D	0.04%	0.29%	0.04%
PNM	B	0.11%	0.22%	0.11%
POR	D	0.14%	0.24%	0.14%
PPBI	A	0.07%	0.15%	0.07%
PRA	A	0.02%	0.05%	0.02%
PRAA	C	0.02%	0.11%	0.02%
PRG	A	0.06%	0.15%	0.06%
PRGS	B	0.08%	0.09%	0.08%
PRIM	A	0.09%	0.19%	0.09%
PTVE	C	0.01%	0.17%	0.01%
RDN	C	0.15%	0.4%	0.15%
REVG	A	0.04%	0.09%	0.04%
REZI	A	0.08%	0.26%	0.08%
RRR	D	0.04%	0.25%	0.04%
RUSHA	B	0.1%	0.27%	0.1%
RWT	D	0.03%	0.28%	0.03%
SAH	A	0.02%	0.23%	0.02%
SANM	B	0.1%	0.25%	0.1%
SBH	A	0.04%	0.21%	0.04%
SCHL	F	0.02%	0.03%	0.02%
SCS	A	0.03%	0.06%	0.03%
SCSC	B	0.03%	0.08%	0.03%
SEM	B	0.1%	0.29%	0.1%
SFBS	A	0.06%	0.18%	0.06%
SFM	A	0.32%	0.28%	0.28%
SFNC	B	0.07%	0.19%	0.07%
SHOO	D	0.05%	0.17%	0.05%
SIG	B	0.13%	0.35%	0.13%
SIGI	A	0.16%	0.25%	0.16%
SKYW	A	0.09%	0.19%	0.09%
SM	C	0.07%	0.49%	0.07%
SR	A	0.11%	0.25%	0.11%
SSB	A	0.21%	0.3%	0.21%
SSTK	F	0.01%	0.04%	0.01%
STEP	A	0.05%	0.18%	0.05%
STRA	C	0.06%	0.07%	0.06%
SUM	B	0.14%	0.25%	0.14%
SVC	F	0.02%	0.05%	0.02%
SWX	A	0.13%	0.18%	0.13%
TCBI	A	0.1%	0.18%	0.1%
TDS	B	0.06%	0.11%	0.06%
TEX	D	0.1%	0.19%	0.1%
TGI	A	0.01%	0.1%	0.01%
TGNA	B	0.08%	0.47%	0.08%
THR	C	0.03%	0.03%	0.03%
TMHC	B	0.2%	0.51%	0.2%
TOWN	A	0.06%	0.17%	0.06%
TPH	D	0.12%	0.26%	0.12%
TRN	A	0.08%	0.21%	0.08%
TROX	F	0.05%	0.14%	0.05%
TRS	D	0.03%	0.09%	0.03%
TTMI	B	0.05%	0.12%	0.05%
UBSI	A	0.14%	0.23%	0.14%
UCB	A	0.1%	0.19%	0.1%
UE	B	0.07%	0.17%	0.07%
UFPI	C	0.22%	0.35%	0.22%
UMBF	A	0.13%	0.33%	0.13%
UNIT	B	0.04%	0.32%	0.04%
URBN	C	0.08%	0.13%	0.08%
UVV	B	0.04%	0.11%	0.04%
VC	F	0.04%	0.08%	0.04%
VCTR	B	0.04%	0.24%	0.04%
VIAV	B	0.06%	0.08%	0.06%
VLY	A	0.11%	0.42%	0.11%
VREX	C	0.01%	0.03%	0.01%
VRNT	D	0.05%	0.05%	0.05%
VRTS	A	0.04%	0.19%	0.04%
VSCO	A	0.06%	0.45%	0.06%
VSH	F	0.07%	0.2%	0.07%
VSTO	A	0.03%	0.16%	0.03%
VYX	C	0.06%	0.2%	0.06%
WAFD	A	0.08%	0.16%	0.08%
WD	D	0.1%	0.16%	0.1%
WERN	B	0.07%	0.16%	0.07%
WMK	B	0.03%	0.1%	0.03%
WNC	C	0.02%	0.08%	0.02%
WOR	F	0.04%	0.18%	0.04%
WS	B	0.03%	0.05%	0.03%
WSBC	A	0.05%	0.16%	0.05%
WSFS	A	0.09%	0.2%	0.09%
WTS	A	0.16%	0.25%	0.16%
XHR	B	0.02%	0.06%	0.02%
ZD	B	0.06%	0.15%	0.06%

VBR Overweight 513 Positions Relative to EBIT

Symbol	Grade	Weight
SW	A	0.74%
BLDR	D	0.65%
BAH	D	0.61%
CSL	B	0.6%
ATO	A	0.58%
EME	B	0.58%
FCNCA	A	0.57%
NRG	B	0.54%
PNR	A	0.47%
IEX	B	0.47%
TOL	B	0.46%
RS	B	0.46%
THC	C	0.46%
UTHR	B	0.46%
WSM	F	0.45%
RPM	A	0.45%
KIM	A	0.45%
OC	A	0.44%
USFD	B	0.43%
RNR	D	0.41%
AES	F	0.41%
RGA	A	0.41%
ACM	B	0.4%
GLPI	D	0.39%
EQH	B	0.39%
BG	D	0.39%
EMN	C	0.38%
REG	A	0.38%
CPT	D	0.38%
ALLE	D	0.37%
JLL	C	0.37%
JNPR	D	0.37%
FFIV	B	0.37%
JBL	C	0.37%
UHS	D	0.37%
TTEK	D	0.36%
KMX	B	0.35%
PFGC	B	0.35%
ITT	A	0.35%
SJM	F	0.35%
CHRW	A	0.35%
TFX	F	0.34%
NVT	B	0.34%
IPG	F	0.34%
BXP	D	0.33%
EWBC	A	0.33%
HUBB	B	0.33%
CCK	D	0.33%
BJ	B	0.32%
LDOS	C	0.32%
RRX	B	0.32%
FBIN	D	0.32%
CACI	C	0.32%
ATR	B	0.31%
EPAM	B	0.31%
TPR	A	0.31%
SCI	B	0.31%
AIZ	A	0.3%
HII	F	0.3%
OHI	C	0.3%
LKQ	D	0.3%
AA	A	0.29%
TAP	A	0.29%
CG	B	0.29%
PNW	A	0.29%
OVV	C	0.29%
AFG	A	0.29%
ARMK	C	0.29%
HAS	D	0.28%
FRT	B	0.28%
SOLV	C	0.28%
EHC	B	0.28%
ALLY	C	0.28%
QRVO	F	0.28%
Z	A	0.28%
EVR	A	0.27%
HSIC	D	0.27%
STLD	B	0.27%
WTRG	C	0.27%
GL	B	0.27%
JEF	A	0.26%
HRB	D	0.26%
DCI	B	0.26%
GPK	D	0.26%
NNN	D	0.26%
INGR	B	0.26%
PRI	A	0.26%
WAL	A	0.26%
APA	F	0.26%
MUSA	A	0.26%
EGP	D	0.26%
SF	A	0.26%
MOS	D	0.25%
MHK	D	0.25%
NYT	D	0.25%
KBR	D	0.25%
GME	C	0.25%
UNM	A	0.25%
FYBR	C	0.25%
APG	C	0.24%
FCN	F	0.24%
FLR	B	0.24%
AGNC	C	0.24%
FMC	F	0.24%
OGE	A	0.24%
ORI	A	0.24%
WCC	A	0.24%
BWA	A	0.24%
DKS	D	0.24%
KNX	B	0.24%
FHN	A	0.24%
ALSN	B	0.24%
BRX	A	0.24%
AYI	A	0.24%
LAD	A	0.24%
SWN	C	0.23%
AXTA	A	0.23%
CMA	A	0.23%
WBS	A	0.23%
DOC	D	0.23%
CHRD	F	0.23%
SEIC	A	0.23%
MIDD	D	0.22%
IVZ	B	0.22%
ADC	A	0.22%
DTM	A	0.22%
SNX	D	0.22%
CR	A	0.22%
VFC	B	0.22%
NI	A	0.22%
VOYA	A	0.22%
STAG	D	0.21%
VNO	B	0.21%
SAIC	D	0.21%
X	D	0.21%
WTFC	A	0.21%
LUMN	C	0.21%
DINO	D	0.21%
BPOP	C	0.21%
ELAN	C	0.21%
MKSI	D	0.21%
AAL	B	0.21%
RL	B	0.21%
BERY	D	0.21%
FR	D	0.21%
FLS	A	0.2%
LPX	A	0.2%
COHR	B	0.2%
DVA	C	0.2%
CBSH	A	0.2%
ZION	A	0.2%
G	A	0.2%
UHAL	D	0.2%
BBWI	C	0.2%
ARW	D	0.2%
RRC	B	0.2%
KEX	A	0.2%
CFR	A	0.19%
FAF	C	0.19%
STWD	D	0.19%
MAT	C	0.19%
BIO	C	0.19%
PB	A	0.19%
OSK	C	0.19%
JAZZ	A	0.19%
MSA	D	0.19%
CRUS	F	0.19%
MTG	C	0.19%
RHI	B	0.19%
RLI	A	0.19%
EVRG	A	0.19%
SNV	A	0.18%
ESAB	B	0.18%
LEA	F	0.18%
AGCO	D	0.18%
VMI	B	0.17%
LAMR	D	0.17%
WHR	A	0.17%
ACI	C	0.17%
ESI	B	0.17%
XPO	B	0.17%
CLF	F	0.17%
R	A	0.17%
AXS	A	0.17%
AN	D	0.17%
VVV	B	0.16%
ST	F	0.16%
COLB	A	0.16%
XRAY	F	0.16%
IDA	A	0.16%
AUR	D	0.16%
NFG	A	0.16%
BC	D	0.16%
THO	B	0.16%
ALB	C	0.16%
ACHC	F	0.16%
PVH	C	0.16%
OLN	F	0.16%
OMF	A	0.16%
PARA	C	0.16%
SRCL	B	0.16%
ALK	A	0.16%
AMG	A	0.15%
NXST	D	0.15%
AM	A	0.15%
FNB	A	0.15%
VNT	C	0.15%
SIRI	C	0.15%
MDU	D	0.15%
KD	A	0.15%
TKR	F	0.15%
LNC	A	0.15%
SON	D	0.15%
UGI	C	0.15%
GAP	C	0.15%
TPG	B	0.14%
CPRI	F	0.14%
RIVN	F	0.14%
AVT	C	0.14%
RYN	D	0.14%
THG	A	0.14%
JHG	A	0.14%
ZWS	B	0.14%
OGN	F	0.14%
PSN	C	0.14%
SLM	A	0.14%
LYFT	B	0.13%
ITGR	B	0.13%
SBRA	C	0.13%
FLO	D	0.13%
NUVL	D	0.13%
PII	F	0.13%
MGM	D	0.13%
CUZ	B	0.13%
NCLH	B	0.13%
SLG	B	0.13%
AL	A	0.13%
KRC	C	0.13%
HOG	D	0.13%
OZK	A	0.13%
CNX	A	0.13%
WU	F	0.12%
ASH	F	0.12%
M	C	0.12%
GTES	B	0.12%
WTM	A	0.12%
SLGN	B	0.12%
ICUI	D	0.12%
SEE	B	0.12%
AR	B	0.12%
PR	C	0.12%
SMG	D	0.11%
EPR	D	0.11%
PLXS	B	0.11%
KMPR	A	0.11%
DXC	C	0.11%
DNB	B	0.11%
MSM	C	0.11%
IAC	D	0.11%
MTZ	B	0.11%
MDGL	C	0.11%
EDR	A	0.11%
AGO	A	0.11%
HUN	F	0.11%
HL	D	0.11%
MGEE	A	0.1%
ESE	A	0.1%
AMKR	F	0.1%
NVST	C	0.1%
SXT	C	0.1%
NPO	A	0.1%
GVA	A	0.1%
MAN	F	0.1%
MPW	F	0.1%
HIW	D	0.1%
PRGO	C	0.1%
PNFP	A	0.1%
SKT	A	0.1%
SATS	D	0.09%
FHB	A	0.09%
ALIT	C	0.09%
UNF	A	0.09%
PTEN	D	0.09%
WEN	C	0.09%
CC	C	0.09%
NWL	B	0.09%
TNL	A	0.09%
SYNA	C	0.09%
COMP	B	0.09%
WBA	F	0.09%
AMED	F	0.09%
BEN	C	0.09%
BRC	C	0.09%
PAG	A	0.09%
COTY	F	0.09%
EAT	A	0.09%
BGC	B	0.09%
ATGE	B	0.08%
POST	D	0.08%
CXT	D	0.08%
BHF	A	0.08%
AIN	C	0.08%
ADTN	A	0.08%
PK	C	0.08%
IOSP	C	0.08%
CNXC	F	0.08%
PENN	B	0.08%
WLK	F	0.08%
TDC	F	0.08%
JWN	A	0.08%
FHI	A	0.08%
ENR	A	0.07%
PECO	A	0.07%
HAYW	A	0.07%
VAC	B	0.07%
AAP	D	0.07%
AZZ	B	0.07%
BOKF	A	0.07%
SMMT	D	0.07%
ENOV	C	0.07%
HNI	A	0.07%
PRK	A	0.07%
DBRG	D	0.07%
OSIS	A	0.07%
RNG	B	0.07%
AKR	B	0.07%
CDE	D	0.07%
MTX	B	0.07%
VIRT	A	0.07%
SPB	C	0.07%
CWEN	D	0.07%
RNA	C	0.07%
IOVA	D	0.07%
MGRC	B	0.07%
RXO	C	0.06%
HURN	B	0.06%
GNL	D	0.06%
VSTS	F	0.06%
THS	F	0.06%
RNST	A	0.06%
INFA	F	0.06%
WLY	B	0.06%
IPGP	D	0.06%
JOBY	B	0.06%
NBTB	A	0.06%
VGR	B	0.06%
PINC	B	0.06%
OMCL	C	0.06%
KMT	B	0.06%
CGON	D	0.06%
LAUR	A	0.06%
EQC	A	0.06%
IVT	B	0.06%
NATL	B	0.06%
BYD	A	0.06%
SHO	D	0.06%
SXI	A	0.06%
EVTC	C	0.06%
ZG	A	0.06%
BLKB	D	0.06%
AIR	B	0.06%
KSS	F	0.06%
CRI	D	0.06%
MIR	A	0.06%
PSMT	D	0.06%
AZTA	F	0.06%
UPBD	B	0.05%
HE	D	0.05%
LTC	B	0.05%
NBHC	A	0.05%
CENTA	C	0.05%
SUPN	B	0.05%
REYN	D	0.05%
PPC	B	0.05%
DDS	B	0.05%
SCL	D	0.05%
FCF	A	0.05%
NPAB	F	0.05%
UAA	B	0.05%
NWBI	A	0.05%
MLKN	F	0.05%
WKC	C	0.05%
LEG	F	0.05%
LGND	B	0.05%
MCY	A	0.05%
TRMK	A	0.05%
LRN	A	0.05%
PZZA	D	0.05%
FTRE	D	0.05%
LZB	A	0.05%
KAR	A	0.05%
B	A	0.05%
CAKE	A	0.05%
IMVT	D	0.05%
ROIC	A	0.05%
PBI	C	0.04%
AIV	C	0.04%
AAT	C	0.04%
PDM	D	0.04%
WABC	A	0.04%
WWW	A	0.04%
COLM	B	0.04%
SPNT	A	0.04%
VSAT	F	0.04%
CSGS	A	0.04%
WT	A	0.04%
VRE	A	0.04%
CAR	C	0.04%
CODI	A	0.04%
ESRT	D	0.04%
HTH	B	0.04%
NTCT	B	0.04%
GBX	A	0.04%
JBGS	D	0.04%
KN	B	0.04%
BHE	B	0.04%
STBA	A	0.04%
CNK	A	0.04%
DYN	F	0.04%
GO	C	0.04%
ELME	D	0.04%
GTY	C	0.04%
NWN	A	0.04%
USM	B	0.03%
MATV	F	0.03%
SMR	B	0.03%
CMTG	D	0.03%
BDN	D	0.03%
LGF.A	F	0.03%
DNUT	D	0.03%
ODP	F	0.03%
UNFI	A	0.03%
JBLU	C	0.03%
CWEN	D	0.03%
LEVI	F	0.03%
MRC	B	0.03%
SNDR	B	0.03%
UA	B	0.03%
CNNE	B	0.03%
ETWO	F	0.03%
KWR	C	0.03%
FDP	A	0.03%
XRX	F	0.03%
SAFT	A	0.03%
BHLB	A	0.03%
AMRX	C	0.03%
GIII	D	0.03%
MYGN	F	0.03%
EIG	A	0.03%
MSGE	D	0.03%
TILE	A	0.02%
ATUS	C	0.02%
MXL	C	0.02%
GES	F	0.02%
BMBL	C	0.02%
BASE	C	0.02%
HY	F	0.02%
KELYA	F	0.02%
CFFN	A	0.02%
PCRX	C	0.02%
SWI	B	0.02%
TMP	A	0.02%
MATW	C	0.02%
PUMP	F	0.02%
UHAL	D	0.02%
RGR	F	0.02%
KOP	C	0.02%
ECVT	C	0.02%
ASTE	B	0.02%
BRSP	B	0.02%
PRLB	B	0.02%
SEB	F	0.02%
HAIN	F	0.02%
HCSG	B	0.02%
BRKL	A	0.02%
EYE	C	0.02%
DLX	A	0.02%
RBRK	B	0.02%
LDI	C	0.01%
BRCC	F	0.01%
OPK	A	0.01%
TWKS	B	0.01%
DJT	C	0.01%
ALX	D	0.01%
CMP	B	0.01%
TRTX	B	0.01%
SWBI	D	0.01%
KRO	D	0.01%
SRCL	B	0.01%
ZIP	D	0.01%
CNDT	B	0.01%
WOOF	D	0.01%
RUSHB	B	0.01%
WRLD	D	0.01%
INN	D	0.01%
VMEO	B	0.01%
BJRI	A	0.01%
EE	A	0.01%
RMR	F	0.01%
GRC	B	0.01%
NVRI	F	0.01%
NABL	F	0.01%
USNA	C	0.01%
CLB	C	0.01%
CLBK	B	0.01%
GCMG	B	0.01%
LGF.A	F	0.01%
BFS	C	0.01%
DAWN	D	0.01%
PWSC	C	0.0%
SCWX	B	0.0%
AC	B	0.0%
TASK	C	0.0%

VBR Underweight 368 Positions Relative to EBIT

Symbol	Grade	Weight
CRK	A	-0.43%
MGY	A	-0.39%
AMR	C	-0.38%
HRI	B	-0.37%
NOG	A	-0.36%
IGT	F	-0.36%
CEIX	A	-0.33%
CMRE	B	-0.31%
GPOR	A	-0.3%
CALM	A	-0.3%
EAF	B	-0.28%
ADNT	F	-0.27%
HGV	B	-0.27%
PAGS	F	-0.26%
AGM	A	-0.26%
KNTK	A	-0.26%
CCOI	B	-0.26%
SLVM	B	-0.26%
ENVA	A	-0.25%
TNET	F	-0.24%
GOGL	C	-0.24%
RC	F	-0.24%
STNE	F	-0.24%
HLNE	A	-0.22%
CHX	C	-0.22%
RHP	B	-0.21%
FELE	B	-0.21%
SKY	A	-0.21%
GTN	F	-0.21%
ENSG	D	-0.21%
PATK	C	-0.21%
NMIH	D	-0.21%
FTDR	B	-0.2%
ACIW	B	-0.2%
PEB	F	-0.2%
STNG	F	-0.2%
CCS	F	-0.2%
GLNG	C	-0.19%
RYI	B	-0.19%
MMS	D	-0.19%
EXLS	B	-0.18%
GRBK	D	-0.18%
KW	C	-0.18%
ATLC	A	-0.18%
VTLE	C	-0.18%
DCOM	A	-0.17%
EPRT	C	-0.17%
HALO	D	-0.17%
BXC	B	-0.17%
WGO	B	-0.17%
LBRT	F	-0.17%
CNS	B	-0.16%
STRL	B	-0.16%
FN	C	-0.16%
CUBI	B	-0.16%
EFSC	A	-0.16%
SASR	A	-0.16%
TPB	A	-0.15%
TBBK	A	-0.15%
GDEN	B	-0.15%
LGIH	F	-0.15%
FBK	A	-0.15%
TGLS	A	-0.15%
MC	B	-0.15%
MRVI	F	-0.15%
MBIN	D	-0.15%
VEL	A	-0.15%
VBTX	A	-0.14%
IESC	B	-0.14%
BOOT	C	-0.14%
EFC	D	-0.14%
SFL	F	-0.14%
EVRI	A	-0.14%
PLAY	C	-0.14%
IMKTA	C	-0.14%
PLAB	D	-0.14%
STC	A	-0.14%
ALGT	A	-0.14%
KLIC	C	-0.14%
SGRY	F	-0.14%
KOS	D	-0.14%
HPK	F	-0.13%
IPAR	C	-0.13%
HOV	F	-0.13%
GTLS	A	-0.13%
BBSI	A	-0.13%
CSTM	F	-0.13%
DFH	F	-0.13%
BZH	B	-0.13%
CVCO	A	-0.13%
WLFC	B	-0.13%
CNOB	A	-0.13%
HAFC	A	-0.13%
FBNC	A	-0.13%
DIOD	F	-0.13%
OPCH	F	-0.13%
VHI	C	-0.13%
PFC	A	-0.12%
LKFN	A	-0.12%
IBP	F	-0.12%
IRT	A	-0.12%
SBCF	A	-0.12%
TALO	C	-0.12%
FLNG	D	-0.12%
CARG	A	-0.11%
AMAL	B	-0.11%
LILAK	F	-0.11%
CMPO	C	-0.11%
MOD	C	-0.11%
PARR	D	-0.11%
TCBK	A	-0.11%
HSII	B	-0.1%
SMBK	A	-0.1%
JJSF	C	-0.1%
OLP	A	-0.1%
FLGT	F	-0.1%
CPSS	B	-0.1%
ARL	F	-0.1%
TCI	F	-0.1%
TRST	A	-0.1%
CCB	A	-0.1%
RES	F	-0.1%
ALG	B	-0.1%
CSV	B	-0.1%
GOOD	B	-0.1%
INMD	C	-0.1%
PEBO	A	-0.1%
CAC	A	-0.1%
UVSP	A	-0.1%
ASIX	B	-0.1%
CSWI	B	-0.1%
ROG	D	-0.09%
TWI	F	-0.09%
PSTL	C	-0.09%
OEC	C	-0.09%
MCBS	A	-0.09%
ROCK	C	-0.09%
HZO	F	-0.09%
CCSI	B	-0.09%
SJW	F	-0.09%
HAE	A	-0.09%
RBB	A	-0.09%
HRMY	D	-0.09%
CIO	F	-0.09%
VRRM	D	-0.09%
MCW	B	-0.09%
CLPR	D	-0.09%
USPH	C	-0.09%
MYRG	B	-0.08%
AOSL	F	-0.08%
BCAL	A	-0.08%
BCML	A	-0.08%
ARKO	D	-0.08%
MCB	A	-0.08%
TFIN	A	-0.08%
UTMD	D	-0.08%
SPTN	F	-0.08%
EBF	D	-0.08%
CBNK	A	-0.08%
LPG	F	-0.08%
USCB	A	-0.08%
SGHC	A	-0.08%
POWL	C	-0.08%
MBUU	C	-0.08%
IRMD	B	-0.08%
JBSS	F	-0.08%
AVO	B	-0.08%
WTI	F	-0.08%
PLMR	A	-0.08%
LEU	C	-0.08%
SKWD	A	-0.08%
AMRK	F	-0.08%
STGW	B	-0.08%
REX	C	-0.07%
VLGEA	A	-0.07%
LPRO	C	-0.07%
METC	C	-0.07%
III	C	-0.07%
NRC	F	-0.07%
AGS	A	-0.07%
ATEN	A	-0.07%
ACLS	F	-0.07%
CRAI	B	-0.07%
KODK	D	-0.07%
TIPT	A	-0.07%
DHC	F	-0.07%
UHT	D	-0.07%
REFI	A	-0.07%
DXPE	A	-0.07%
LOB	A	-0.07%
AGX	B	-0.07%
WSR	B	-0.07%
RVLV	A	-0.07%
LQDT	A	-0.07%
TH	C	-0.07%
LNTH	F	-0.07%
SNCY	B	-0.07%
PAHC	A	-0.07%
UTZ	D	-0.07%
MFIN	B	-0.07%
MED	D	-0.07%
OSW	B	-0.07%
ITIC	A	-0.07%
HONE	A	-0.07%
LOCO	D	-0.07%
FPI	B	-0.06%
UNTY	A	-0.06%
CBAN	A	-0.06%
HQY	A	-0.06%
ONEW	F	-0.06%
YORW	D	-0.06%
FORM	F	-0.06%
VSEC	B	-0.06%
PCB	A	-0.06%
OFLX	C	-0.06%
COLL	F	-0.06%
CTO	B	-0.06%
PLOW	D	-0.06%
HVT	F	-0.06%
ACTG	F	-0.06%
FOXF	F	-0.06%
REPX	A	-0.06%
MLR	B	-0.06%
GENC	B	-0.06%
RDVT	B	-0.06%
LGTY	B	-0.06%
GIC	F	-0.06%
RM	D	-0.06%
CRS	A	-0.06%
LYTS	A	-0.06%
GRNT	B	-0.06%
TRAK	A	-0.06%
CCRN	F	-0.06%
ESSA	A	-0.06%
SCVL	F	-0.06%
GMRE	D	-0.06%
YELP	C	-0.06%
CARE	B	-0.06%
BFC	B	-0.06%
PRTH	B	-0.05%
PCYO	A	-0.05%
ACMR	F	-0.05%
FORR	F	-0.05%
MAPS	C	-0.05%
KLG	F	-0.05%
MRAM	D	-0.05%
TTEC	F	-0.05%
GLRE	B	-0.05%
VECO	F	-0.05%
PNRG	A	-0.05%
ZEUS	C	-0.05%
CVLT	B	-0.05%
NREF	A	-0.05%
IIIN	C	-0.05%
NVEC	D	-0.05%
LEGH	D	-0.05%
PLPC	B	-0.05%
GCI	D	-0.05%
HBCP	A	-0.05%
ACRE	B	-0.05%
MOV	C	-0.05%
LNN	B	-0.05%
PKE	B	-0.05%
UCTT	F	-0.05%
FRBA	D	-0.05%
GOGO	C	-0.05%
PANL	F	-0.05%
SWKH	F	-0.05%
FNLC	A	-0.05%
HBT	A	-0.05%
NTST	D	-0.05%
BBW	B	-0.05%
BSVN	A	-0.05%
DHT	D	-0.05%
FFWM	B	-0.05%
HCI	B	-0.05%
NATH	B	-0.05%
GPMT	C	-0.05%
LSEA	F	-0.04%
AMRC	F	-0.04%
ITOS	F	-0.04%
PFIS	A	-0.04%
MPX	C	-0.04%
ARHS	F	-0.04%
SSBK	A	-0.04%
FWRG	C	-0.04%
FSP	C	-0.04%
RRBI	A	-0.04%
IMMR	F	-0.04%
MG	F	-0.04%
HMST	D	-0.04%
KFS	B	-0.04%
TSBK	B	-0.04%
REI	F	-0.04%
ATLO	C	-0.04%
PINE	D	-0.04%
DENN	C	-0.04%
EGAN	C	-0.04%
TITN	C	-0.04%
BRT	A	-0.04%
SNBR	F	-0.04%
HSTM	B	-0.04%
IDT	B	-0.04%
UFPT	C	-0.04%
SONO	C	-0.04%
DBI	F	-0.04%
QUAD	B	-0.04%
MYE	F	-0.04%
THRY	F	-0.03%
JMSB	A	-0.03%
PBFS	A	-0.03%
IBEX	B	-0.03%
HFFG	C	-0.03%
ALCO	D	-0.03%
CLW	F	-0.03%
GWRS	C	-0.03%
CALX	F	-0.03%
KRT	A	-0.03%
RGP	F	-0.03%
NL	A	-0.03%
MYFW	A	-0.03%
CASS	B	-0.03%
GNTY	A	-0.03%
SHLS	F	-0.03%
HDSN	F	-0.03%
FRPH	A	-0.03%
PLBC	A	-0.03%
BHR	B	-0.03%
CTOS	B	-0.03%
CLFD	F	-0.03%
AMPY	D	-0.03%
EPM	A	-0.03%
OVLY	A	-0.03%
INSE	B	-0.03%
CTRN	D	-0.02%
JRVR	F	-0.02%
STAA	F	-0.02%
RILY	F	-0.02%
DXLG	C	-0.02%
FVCB	B	-0.02%
LCUT	F	-0.02%
JILL	C	-0.02%
CURV	D	-0.02%
NKSH	B	-0.02%
GCBC	B	-0.02%
CHGG	D	-0.02%
VITL	F	-0.02%
TRC	D	-0.02%
NWFL	B	-0.02%
OBT	B	-0.02%
CIX	B	-0.02%
SMLR	B	-0.02%
SHYF	C	-0.02%
BBCP	F	-0.02%
CRMT	F	-0.02%
VALU	A	-0.02%
NTIC	C	-0.02%
COFS	A	-0.02%
SLP	F	-0.02%
SIGA	F	-0.02%
NEOG	D	-0.02%
VABK	B	-0.02%
TTSH	D	-0.02%
PGNY	F	-0.01%
RMNI	C	-0.01%
EWCZ	D	-0.01%
AVNW	F	-0.01%
HQI	B	-0.01%