VBR vs. SFYX ETF Comparison

Comparison of Vanguard Small-Cap Value ETF - DNQ (VBR) to SoFi Next 500 ETF (SFYX)

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

SFYX

SoFi Next 500 ETF

SFYX Description

The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US Next 500 Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of the 500 smallest of the 1,000 largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Grade (RS Rating)

Last Trade

$14.88

Average Daily Volume

23,479

Number of Holdings ^*

481

* may have additional holdings in another (foreign) market

Performance

Period	VBR	SFYX
30 Days	1.03%	1.66%
60 Days	5.45%	6.77%
90 Days	8.32%	9.00%
12 Months	30.83%	30.50%

276 Overlapping Holdings

Symbol	Grade	Weight in VBR	Weight in SFYX	Overlap
AA	A	0.29%	0.07%	0.07%
AAL	B	0.21%	0.45%	0.21%
AAP	D	0.07%	0.08%	0.07%
ABG	A	0.14%	0.08%	0.08%
ACHC	F	0.16%	0.18%	0.16%
ACI	C	0.17%	0.19%	0.17%
ACM	B	0.4%	0.44%	0.4%
ACT	C	0.03%	0.09%	0.03%
ADC	A	0.22%	0.19%	0.19%
ADTN	A	0.08%	0.22%	0.08%
AFG	A	0.29%	0.23%	0.23%
AGCO	D	0.18%	0.15%	0.15%
AGNC	C	0.24%	0.3%	0.24%
AIT	A	0.25%	0.2%	0.2%
AIZ	A	0.3%	0.27%	0.27%
AL	A	0.13%	0.25%	0.13%
ALIT	C	0.09%	0.05%	0.05%
ALK	A	0.16%	0.25%	0.16%
ALLE	D	0.37%	0.26%	0.26%
ALLY	C	0.28%	0.25%	0.25%
ALSN	B	0.24%	0.22%	0.22%
AM	A	0.15%	0.16%	0.15%
AMG	A	0.15%	0.08%	0.08%
AMKR	F	0.1%	0.09%	0.09%
AN	D	0.17%	0.1%	0.1%
ANF	C	0.21%	0.33%	0.21%
APA	F	0.26%	0.1%	0.1%
APG	C	0.24%	0.28%	0.24%
AR	B	0.12%	0.08%	0.08%
ARMK	C	0.29%	0.26%	0.26%
ARW	D	0.2%	0.08%	0.08%
ASGN	D	0.11%	0.07%	0.07%
ASH	F	0.12%	0.06%	0.06%
ASO	F	0.12%	0.06%	0.06%
ATKR	C	0.09%	0.05%	0.05%
ATR	B	0.31%	0.21%	0.21%
AXS	A	0.17%	0.17%	0.17%
AXTA	A	0.23%	0.17%	0.17%
AYI	A	0.24%	0.16%	0.16%
BBWI	C	0.2%	0.11%	0.11%
BC	D	0.16%	0.08%	0.08%
BCC	B	0.16%	0.08%	0.08%
BECN	B	0.15%	0.12%	0.12%
BERY	D	0.21%	0.11%	0.11%
BIO	C	0.19%	0.2%	0.19%
BJ	B	0.32%	0.2%	0.2%
BKH	A	0.12%	0.06%	0.06%
BOKF	A	0.07%	0.23%	0.07%
BRX	A	0.24%	0.14%	0.14%
BWA	A	0.24%	0.12%	0.12%
BXP	D	0.33%	0.21%	0.21%
BYD	A	0.06%	0.15%	0.06%
CACI	C	0.32%	0.23%	0.23%
CADE	A	0.17%	0.37%	0.17%
CAR	C	0.04%	0.06%	0.04%
CBSH	A	0.2%	0.22%	0.2%
CBT	C	0.18%	0.1%	0.1%
CC	C	0.09%	0.05%	0.05%
CCK	D	0.33%	0.16%	0.16%
CFR	A	0.19%	0.26%	0.19%
CG	B	0.29%	0.25%	0.25%
CHRD	F	0.23%	0.1%	0.1%
CHRW	A	0.35%	0.14%	0.14%
CLF	F	0.17%	0.12%	0.12%
CMA	A	0.23%	0.26%	0.23%
CMC	B	0.18%	0.1%	0.1%
CNXC	F	0.08%	0.06%	0.06%
COHR	B	0.2%	0.17%	0.17%
COLB	A	0.16%	0.26%	0.16%
COLM	B	0.04%	0.07%	0.04%
COOP	B	0.16%	0.08%	0.08%
COTY	F	0.09%	0.17%	0.09%
CPRI	F	0.14%	0.04%	0.04%
CPT	D	0.38%	0.2%	0.2%
CR	A	0.22%	0.17%	0.17%
CRUS	F	0.19%	0.09%	0.09%
DCI	B	0.26%	0.16%	0.16%
DDS	B	0.05%	0.07%	0.05%
DINO	D	0.21%	0.11%	0.11%
DKS	D	0.24%	0.2%	0.2%
DNB	B	0.11%	0.16%	0.11%
DTM	A	0.22%	0.17%	0.17%
DVA	C	0.2%	0.23%	0.2%
DXC	C	0.11%	0.06%	0.06%
EDR	A	0.11%	0.24%	0.11%
EGP	D	0.26%	0.2%	0.2%
EHC	B	0.28%	0.22%	0.22%
ELAN	C	0.21%	0.07%	0.07%
EME	B	0.58%	0.51%	0.51%
EQH	B	0.39%	0.22%	0.22%
ESAB	B	0.18%	0.15%	0.15%
ESI	B	0.17%	0.12%	0.12%
ESNT	D	0.19%	0.11%	0.11%
EVR	A	0.27%	0.18%	0.18%
EWBC	A	0.33%	0.49%	0.33%
FAF	C	0.19%	0.1%	0.1%
FBIN	D	0.32%	0.16%	0.16%
FCN	F	0.24%	0.14%	0.14%
FFIN	A	0.13%	0.12%	0.12%
FFIV	B	0.37%	0.32%	0.32%
FHN	A	0.24%	0.3%	0.24%
FLO	D	0.13%	0.08%	0.08%
FLR	B	0.24%	0.21%	0.21%
FLS	A	0.2%	0.18%	0.18%
FMC	F	0.24%	0.09%	0.09%
FR	D	0.21%	0.14%	0.14%
FRT	B	0.28%	0.15%	0.15%
FYBR	C	0.25%	0.11%	0.11%
GAP	C	0.15%	0.27%	0.15%
GBCI	A	0.15%	0.13%	0.13%
GL	B	0.27%	0.16%	0.16%
GLPI	D	0.39%	0.25%	0.25%
GPK	D	0.26%	0.17%	0.17%
GTES	B	0.12%	0.1%	0.1%
HAS	D	0.28%	0.07%	0.07%
HII	F	0.3%	0.15%	0.15%
HOG	D	0.13%	0.08%	0.08%
HOMB	A	0.14%	0.15%	0.14%
HP	C	0.04%	0.11%	0.04%
HRB	D	0.26%	0.14%	0.14%
HSIC	D	0.27%	0.14%	0.14%
HUN	F	0.11%	0.11%	0.11%
IAC	D	0.11%	0.06%	0.06%
IDA	A	0.16%	0.11%	0.11%
INFA	F	0.06%	0.16%	0.06%
INGR	B	0.26%	0.17%	0.17%
IPG	F	0.34%	0.19%	0.19%
IPGP	D	0.06%	0.06%	0.06%
ITT	A	0.35%	0.24%	0.24%
IVZ	B	0.22%	0.34%	0.22%
JAZZ	A	0.19%	0.29%	0.19%
JBL	C	0.37%	0.27%	0.27%
JEF	A	0.26%	0.3%	0.26%
JLL	C	0.37%	0.21%	0.21%
JNPR	D	0.37%	0.26%	0.26%
JXN	B	0.2%	0.08%	0.08%
KBR	D	0.25%	0.14%	0.14%
KEX	A	0.2%	0.16%	0.16%
KIM	A	0.45%	0.59%	0.45%
KNF	B	0.15%	0.12%	0.12%
KNX	B	0.24%	0.14%	0.14%
KRC	C	0.13%	0.08%	0.08%
LAD	A	0.24%	0.2%	0.2%
LAMR	D	0.17%	0.19%	0.17%
LEA	F	0.18%	0.14%	0.14%
LNC	A	0.15%	0.11%	0.11%
LPX	A	0.2%	0.09%	0.09%
LYFT	B	0.13%	0.18%	0.13%
M	C	0.12%	0.12%	0.12%
MAT	C	0.19%	0.11%	0.11%
MDU	D	0.15%	0.04%	0.04%
MHK	D	0.25%	0.09%	0.09%
MIDD	D	0.22%	0.13%	0.13%
MKSI	D	0.21%	0.08%	0.08%
MLI	B	0.24%	0.13%	0.13%
MSA	D	0.19%	0.21%	0.19%
MSM	C	0.11%	0.08%	0.08%
MTG	C	0.19%	0.1%	0.1%
MTH	D	0.21%	0.09%	0.09%
MTZ	B	0.11%	0.3%	0.11%
MUR	F	0.14%	0.07%	0.07%
MUSA	A	0.26%	0.16%	0.16%
NCLH	B	0.13%	0.72%	0.13%
NFG	A	0.16%	0.06%	0.06%
NI	A	0.22%	0.24%	0.22%
NJR	A	0.13%	0.05%	0.05%
NNN	D	0.26%	0.14%	0.14%
NRG	B	0.54%	0.58%	0.54%
NSIT	F	0.2%	0.08%	0.08%
NSP	F	0.09%	0.05%	0.05%
NVT	B	0.34%	0.27%	0.27%
NXST	D	0.15%	0.09%	0.09%
NYT	D	0.25%	0.17%	0.17%
OC	A	0.44%	0.26%	0.26%
OGE	A	0.24%	0.1%	0.1%
OGN	F	0.14%	0.07%	0.07%
OGS	A	0.12%	0.06%	0.06%
OHI	C	0.3%	0.18%	0.18%
OLN	F	0.16%	0.06%	0.06%
OMF	A	0.16%	0.1%	0.1%
ONB	B	0.17%	0.22%	0.17%
ORI	A	0.24%	0.15%	0.15%
OSK	C	0.19%	0.25%	0.19%
OVV	C	0.29%	0.14%	0.14%
OZK	A	0.13%	0.21%	0.13%
PAG	A	0.09%	0.18%	0.09%
PARA	C	0.16%	0.08%	0.08%
PB	A	0.19%	0.19%	0.19%
PBF	D	0.08%	0.05%	0.05%
PFGC	B	0.35%	0.28%	0.28%
PII	F	0.13%	0.06%	0.06%
PNFP	A	0.1%	0.36%	0.1%
PNR	A	0.47%	0.3%	0.3%
PNW	A	0.29%	0.2%	0.2%
POR	D	0.14%	0.09%	0.09%
POST	D	0.08%	0.13%	0.08%
PPC	B	0.05%	0.21%	0.05%
PR	C	0.12%	0.3%	0.12%
PRGO	C	0.1%	0.19%	0.1%
PRI	A	0.26%	0.2%	0.2%
PSN	C	0.14%	0.35%	0.14%
PVH	C	0.16%	0.15%	0.15%
R	A	0.17%	0.1%	0.1%
RDN	C	0.15%	0.08%	0.08%
REG	A	0.38%	0.23%	0.23%
REYN	D	0.05%	0.1%	0.05%
RGA	A	0.41%	0.33%	0.33%
RHI	B	0.19%	0.11%	0.11%
RIVN	F	0.14%	0.41%	0.14%
RL	B	0.21%	0.14%	0.14%
RLI	A	0.19%	0.19%	0.19%
RPM	A	0.45%	0.31%	0.31%
RRC	B	0.2%	0.09%	0.09%
RRX	B	0.32%	0.6%	0.32%
RYN	D	0.14%	0.1%	0.1%
SAIC	D	0.21%	0.13%	0.13%
SCI	B	0.31%	0.2%	0.2%
SEE	B	0.12%	0.08%	0.08%
SEIC	A	0.23%	0.18%	0.18%
SF	A	0.26%	0.23%	0.23%
SFM	A	0.32%	0.26%	0.26%
SIGI	A	0.16%	0.15%	0.15%
SLGN	B	0.12%	0.09%	0.09%
SLM	A	0.14%	0.13%	0.13%
SM	C	0.07%	0.06%	0.06%
SMG	D	0.11%	0.07%	0.07%
SNV	A	0.18%	0.23%	0.18%
SNX	D	0.22%	0.16%	0.16%
SON	D	0.15%	0.08%	0.08%
SSB	A	0.21%	0.21%	0.21%
ST	F	0.16%	0.2%	0.16%
STAG	D	0.21%	0.12%	0.12%
STWD	D	0.19%	0.16%	0.16%
SUM	B	0.14%	0.17%	0.14%
SW	A	0.74%	0.15%	0.15%
SWX	A	0.13%	0.16%	0.13%
TAP	A	0.29%	0.66%	0.29%
TDC	F	0.08%	0.08%	0.08%
THC	C	0.46%	0.27%	0.27%
THG	A	0.14%	0.28%	0.14%
THO	B	0.16%	0.07%	0.07%
TKR	F	0.15%	0.09%	0.09%
TMHC	B	0.2%	0.1%	0.1%
TOL	B	0.46%	0.25%	0.25%
TPR	A	0.31%	0.21%	0.21%
TTEK	D	0.36%	0.34%	0.34%
UBSI	A	0.14%	0.15%	0.14%
UFPI	C	0.22%	0.1%	0.1%
UGI	C	0.15%	0.05%	0.05%
UHS	D	0.37%	0.22%	0.22%
UNM	A	0.25%	0.23%	0.23%
USFD	B	0.43%	0.37%	0.37%
UTHR	B	0.46%	0.41%	0.41%
VAC	B	0.07%	0.06%	0.06%
VFC	B	0.22%	0.09%	0.09%
VLY	A	0.11%	0.17%	0.11%
VMI	B	0.17%	0.12%	0.12%
VNO	B	0.21%	0.16%	0.16%
VNT	C	0.15%	0.1%	0.1%
VOYA	A	0.22%	0.2%	0.2%
VVV	B	0.16%	0.06%	0.06%
WAL	A	0.26%	0.29%	0.26%
WBS	A	0.23%	0.36%	0.23%
WCC	A	0.24%	0.18%	0.18%
WEN	C	0.09%	0.07%	0.07%
WHR	A	0.17%	0.15%	0.15%
WTFC	A	0.21%	0.3%	0.21%
WTRG	C	0.27%	0.15%	0.15%
WTS	A	0.16%	0.1%	0.1%
WU	F	0.12%	0.06%	0.06%
X	D	0.21%	0.12%	0.12%
XPO	B	0.17%	0.39%	0.17%
XRAY	F	0.16%	0.13%	0.13%
Z	A	0.28%	0.2%	0.2%
ZION	A	0.2%	0.23%	0.2%
ZWS	B	0.14%	0.19%	0.14%

VBR Overweight 521 Positions Relative to SFYX

Symbol	Grade	Weight
BLDR	D	0.65%
BAH	D	0.61%
CSL	B	0.6%
ATO	A	0.58%
FCNCA	A	0.57%
IEX	B	0.47%
RS	B	0.46%
WSM	F	0.45%
RNR	D	0.41%
AES	F	0.41%
BG	D	0.39%
EMN	C	0.38%
KMX	B	0.35%
SJM	F	0.35%
TFX	F	0.34%
HUBB	B	0.33%
LDOS	C	0.32%
EPAM	B	0.31%
LKQ	D	0.3%
SOLV	C	0.28%
QRVO	F	0.28%
STLD	B	0.27%
MOS	D	0.25%
GME	C	0.25%
SWN	C	0.23%
DOC	D	0.23%
LUMN	C	0.21%
BPOP	C	0.21%
G	A	0.2%
UHAL	D	0.2%
EVRG	A	0.19%
MOG.A	B	0.17%
KBH	D	0.16%
AUR	D	0.16%
ALB	C	0.16%
SRCL	B	0.16%
FNB	A	0.15%
SIRI	C	0.15%
KD	A	0.15%
TPG	B	0.14%
GATX	A	0.14%
PIPR	A	0.14%
BDC	B	0.14%
AVT	C	0.14%
MATX	B	0.14%
BCO	F	0.14%
JHG	A	0.14%
GPI	A	0.14%
UMBF	A	0.13%
ITGR	B	0.13%
SBRA	C	0.13%
SIG	B	0.13%
NUVL	D	0.13%
HWC	A	0.13%
MGM	D	0.13%
CUZ	B	0.13%
SLG	B	0.13%
KTB	A	0.13%
AVNT	A	0.13%
ACA	B	0.13%
CNX	A	0.13%
HASI	F	0.12%
TPH	D	0.12%
ABCB	A	0.12%
ENS	D	0.12%
WTM	A	0.12%
ICUI	D	0.12%
CRC	B	0.12%
FUL	F	0.12%
ESGR	B	0.11%
NHI	D	0.11%
SR	A	0.11%
ALE	A	0.11%
EPR	D	0.11%
PLXS	B	0.11%
KMPR	A	0.11%
MDGL	C	0.11%
KFY	B	0.11%
MAC	A	0.11%
PNM	B	0.11%
AEO	F	0.11%
AGO	A	0.11%
HL	D	0.11%
TCBI	A	0.1%
MGEE	A	0.1%
RUSHA	B	0.1%
ABM	B	0.1%
ESE	A	0.1%
HCC	B	0.1%
IBOC	A	0.1%
TEX	D	0.1%
AUB	A	0.1%
NVST	C	0.1%
AX	A	0.1%
SXT	C	0.1%
NPO	A	0.1%
CDP	C	0.1%
GVA	A	0.1%
UCB	A	0.1%
FBP	A	0.1%
MAN	F	0.1%
NWE	C	0.1%
MPW	F	0.1%
CNO	A	0.1%
HIW	D	0.1%
SANM	B	0.1%
PCH	D	0.1%
GMS	A	0.1%
BNL	D	0.1%
PBH	A	0.1%
SEM	B	0.1%
SKT	A	0.1%
WD	D	0.1%
GNW	A	0.09%
SATS	D	0.09%
FHB	A	0.09%
PRIM	A	0.09%
UNF	A	0.09%
PTEN	D	0.09%
WSFS	A	0.09%
APAM	A	0.09%
NWL	B	0.09%
AVA	C	0.09%
CBU	A	0.09%
TNL	A	0.09%
SYNA	C	0.09%
ASB	A	0.09%
COMP	B	0.09%
WBA	F	0.09%
GFF	A	0.09%
AWR	A	0.09%
CWK	B	0.09%
AMED	F	0.09%
BEN	C	0.09%
BTU	B	0.09%
EBC	A	0.09%
BRC	C	0.09%
APLE	B	0.09%
SKYW	A	0.09%
AROC	A	0.09%
EAT	A	0.09%
OTTR	C	0.09%
BGC	B	0.09%
FULT	A	0.09%
TGNA	B	0.08%
HUBG	A	0.08%
GHC	A	0.08%
URBN	C	0.08%
ATGE	B	0.08%
BKU	A	0.08%
CXT	D	0.08%
DY	C	0.08%
BHF	A	0.08%
AIN	C	0.08%
ABR	C	0.08%
PK	C	0.08%
REZI	A	0.08%
LXP	D	0.08%
IOSP	C	0.08%
WAFD	A	0.08%
TRN	A	0.08%
PENN	B	0.08%
PRGS	B	0.08%
WLK	F	0.08%
PFSI	D	0.08%
DEI	B	0.08%
CATY	A	0.08%
JWN	A	0.08%
FHI	A	0.08%
WERN	B	0.07%
ENR	A	0.07%
FFBC	A	0.07%
PFS	A	0.07%
PECO	A	0.07%
HAYW	A	0.07%
MTRN	C	0.07%
AZZ	B	0.07%
VSH	F	0.07%
BFH	A	0.07%
CVBF	A	0.07%
ARCH	B	0.07%
SMMT	D	0.07%
INDB	A	0.07%
ENOV	C	0.07%
HNI	A	0.07%
PPBI	A	0.07%
PRK	A	0.07%
FL	F	0.07%
DBRG	D	0.07%
HBI	A	0.07%
OSIS	A	0.07%
RNG	B	0.07%
AKR	B	0.07%
CDE	D	0.07%
MTX	B	0.07%
BOH	A	0.07%
GT	C	0.07%
VIRT	A	0.07%
SPB	C	0.07%
CWEN	D	0.07%
RNA	C	0.07%
ARCB	C	0.07%
IOVA	D	0.07%
FIBK	A	0.07%
SFNC	B	0.07%
MGRC	B	0.07%
OUT	C	0.07%
BXMT	D	0.07%
UE	B	0.07%
PHIN	A	0.06%
BANF	A	0.06%
RXO	C	0.06%
HURN	B	0.06%
GNL	D	0.06%
PRG	A	0.06%
HI	C	0.06%
VSTS	F	0.06%
NMRK	B	0.06%
THS	F	0.06%
RNST	A	0.06%
WLY	B	0.06%
VYX	C	0.06%
SFBS	A	0.06%
JOBY	B	0.06%
NBTB	A	0.06%
VGR	B	0.06%
VIAV	B	0.06%
PINC	B	0.06%
OMCL	C	0.06%
VSCO	A	0.06%
KMT	B	0.06%
CGON	D	0.06%
LAUR	A	0.06%
EQC	A	0.06%
IBTX	A	0.06%
OI	C	0.06%
IVT	B	0.06%
BANR	A	0.06%
NATL	B	0.06%
FRME	A	0.06%
OFG	B	0.06%
TDS	B	0.06%
SHO	D	0.06%
STRA	C	0.06%
SXI	A	0.06%
TOWN	A	0.06%
EVTC	C	0.06%
ZD	B	0.06%
ZG	A	0.06%
BLKB	D	0.06%
AIR	B	0.06%
KSS	F	0.06%
CRI	D	0.06%
MHO	D	0.06%
MIR	A	0.06%
PSMT	D	0.06%
AZTA	F	0.06%
VRNT	D	0.05%
CABO	B	0.05%
UPBD	B	0.05%
HLIO	B	0.05%
HE	D	0.05%
LTC	B	0.05%
NBHC	A	0.05%
CENTA	C	0.05%
AMN	F	0.05%
CRGY	A	0.05%
ANDE	C	0.05%
SUPN	B	0.05%
STEP	A	0.05%
CHCO	A	0.05%
NHC	B	0.05%
SCL	D	0.05%
FCF	A	0.05%
NPAB	F	0.05%
WSBC	A	0.05%
UAA	B	0.05%
SHOO	D	0.05%
NWBI	A	0.05%
GEO	A	0.05%
DRH	B	0.05%
MLKN	F	0.05%
PDCO	F	0.05%
TROX	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%
TTMI	B	0.05%
GOLF	A	0.05%
FTRE	D	0.05%
EPC	F	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%
INSW	F	0.04%
AAT	C	0.04%
PMT	D	0.04%
UVV	B	0.04%
WOR	F	0.04%
PDM	D	0.04%
WABC	A	0.04%
JELD	F	0.04%
ARI	D	0.04%
BKD	F	0.04%
OXM	F	0.04%
NNI	C	0.04%
UNIT	B	0.04%
NX	C	0.04%
VC	F	0.04%
LADR	A	0.04%
VCTR	B	0.04%
WWW	A	0.04%
CXW	B	0.04%
BKE	A	0.04%
SPNT	A	0.04%
VSAT	F	0.04%
CSGS	A	0.04%
WT	A	0.04%
DNOW	A	0.04%
DAN	F	0.04%
RRR	D	0.04%
REVG	A	0.04%
SBH	A	0.04%
ALEX	B	0.04%
VRE	A	0.04%
BLMN	F	0.04%
VRTS	A	0.04%
HELE	C	0.04%
NGVT	B	0.04%
CODI	A	0.04%
HMN	A	0.04%
HOPE	A	0.04%
ESRT	D	0.04%
LCII	D	0.04%
HTH	B	0.04%
NTCT	B	0.04%
GBX	A	0.04%
HEES	B	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%
GEF	A	0.04%
APOG	B	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%
JACK	D	0.03%
BDN	D	0.03%
BV	C	0.03%
LGF.A	F	0.03%
DNUT	D	0.03%
MMI	A	0.03%
ODP	F	0.03%
UNFI	A	0.03%
JBLU	C	0.03%
CWEN	D	0.03%
TRS	D	0.03%
MD	B	0.03%
CBRL	C	0.03%
THR	C	0.03%
FA	D	0.03%
ATSG	A	0.03%
RWT	D	0.03%
INVA	C	0.03%
VSTO	A	0.03%
LEVI	F	0.03%
MRC	B	0.03%
HTLF	A	0.03%
SCSC	B	0.03%
CARS	B	0.03%
SNDR	B	0.03%
UA	B	0.03%
ECPG	A	0.03%
FBRT	C	0.03%
CNNE	B	0.03%
CSR	A	0.03%
ETWO	F	0.03%
AVNS	F	0.03%
KALU	C	0.03%
WMK	B	0.03%
WS	B	0.03%
KFRC	D	0.03%
KWR	C	0.03%
FDP	A	0.03%
SCS	A	0.03%
XRX	F	0.03%
OMI	F	0.03%
DK	D	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%
NAVI	D	0.03%
MSGE	D	0.03%
IART	C	0.03%
LC	B	0.03%
TILE	A	0.02%
HTLD	B	0.02%
ATUS	C	0.02%
MXL	C	0.02%
CAL	D	0.02%
FOR	F	0.02%
GES	F	0.02%
BMBL	C	0.02%
BASE	C	0.02%
SCHL	F	0.02%
CMPR	F	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%
BGS	F	0.02%
MATW	C	0.02%
HPP	F	0.02%
PUMP	F	0.02%
UHAL	D	0.02%
HLF	C	0.02%
AXL	C	0.02%
RGR	F	0.02%
KOP	C	0.02%
ECVT	C	0.02%
AMWD	B	0.02%
KREF	D	0.02%
ASTE	B	0.02%
BRSP	B	0.02%
PRLB	B	0.02%
XHR	B	0.02%
SVC	F	0.02%
MODG	F	0.02%
SEB	F	0.02%
PRA	A	0.02%
SAH	A	0.02%
HAIN	F	0.02%
WNC	C	0.02%
CVI	D	0.02%
EMBC	C	0.02%
HCSG	B	0.02%
MNRO	B	0.02%
PRAA	C	0.02%
FG	A	0.02%
BRKL	A	0.02%
EYE	C	0.02%
DLX	A	0.02%
RBRK	B	0.02%
NUS	C	0.01%
LDI	C	0.01%
BRCC	F	0.01%
OPK	A	0.01%
TWKS	B	0.01%
DJT	C	0.01%
DIN	C	0.01%
OLPX	D	0.01%
VREX	C	0.01%
CENT	C	0.01%
TGI	A	0.01%
ALX	D	0.01%
CMP	B	0.01%
AMBC	C	0.01%
TRTX	B	0.01%
SWBI	D	0.01%
KRO	D	0.01%
SRCL	B	0.01%
ZIP	D	0.01%
NAPA	A	0.01%
CNDT	B	0.01%
CRCT	F	0.01%
WOOF	D	0.01%
EGBN	A	0.01%
RUSHB	B	0.01%
WRLD	D	0.01%
HTZ	C	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%
PTVE	C	0.01%
NVRI	F	0.01%
FWRD	D	0.01%
NABL	F	0.01%
USNA	C	0.01%
CLB	C	0.01%
SSTK	F	0.01%
CLBK	B	0.01%
CCO	D	0.01%
ARRY	C	0.01%
GCMG	B	0.01%
LGF.A	F	0.01%
CWH	B	0.01%
BFS	C	0.01%
DAWN	D	0.01%
PWSC	C	0.0%
SCWX	B	0.0%
AC	B	0.0%
AMCX	C	0.0%
TASK	C	0.0%
ACDC	D	0.0%
LESL	C	0.0%
GEF	A	0.0%

VBR Underweight 205 Positions Relative to SFYX

Symbol	Grade	Weight
OWL	A	-0.95%
HOOD	A	-0.86%
DT	C	-0.85%
NTNX	A	-0.8%
IBKR	A	-0.79%
FTI	A	-0.76%
PSTG	F	-0.68%
SOFI	A	-0.62%
TOST	A	-0.55%
TKO	C	-0.54%
TPL	A	-0.53%
GTLS	A	-0.52%
WYNN	D	-0.52%
GWRE	B	-0.51%
MANH	D	-0.5%
PEN	B	-0.49%
KNSL	C	-0.47%
DUOL	B	-0.47%
DAY	B	-0.44%
NTRA	B	-0.43%
FIX	A	-0.42%
MORN	B	-0.41%
LII	B	-0.41%
ITCI	B	-0.41%
HEI	A	-0.4%
PCTY	B	-0.4%
RCM	A	-0.39%
BILL	A	-0.39%
ELF	C	-0.39%
RYAN	A	-0.38%
EQT	A	-0.38%
UI	A	-0.38%
GMED	A	-0.36%
NBIX	D	-0.36%
AFRM	A	-0.36%
PCOR	B	-0.35%
SAIA	B	-0.35%
SN	C	-0.35%
CVNA	A	-0.34%
HQY	A	-0.33%
TRMB	A	-0.33%
CELH	F	-0.32%
TW	B	-0.32%
APPF	C	-0.32%
NOV	D	-0.31%
LNTH	F	-0.31%
IOT	B	-0.31%
WFRD	F	-0.31%
SRPT	F	-0.31%
LNW	D	-0.3%
AAON	A	-0.3%
BSY	D	-0.3%
FNF	C	-0.29%
MEDP	D	-0.29%
U	F	-0.28%
GGG	A	-0.28%
RMBS	C	-0.28%
CW	B	-0.28%
TXRH	A	-0.27%
WSO	A	-0.27%
PATH	D	-0.27%
EXEL	B	-0.26%
CNH	D	-0.26%
ESTC	C	-0.26%
LECO	C	-0.26%
CHDN	C	-0.26%
REXR	F	-0.25%
WING	F	-0.25%
ELS	B	-0.25%
CZR	F	-0.25%
S	B	-0.25%
ALKS	B	-0.25%
AMH	C	-0.25%
NDSN	B	-0.25%
SMAR	A	-0.25%
WWD	B	-0.25%
PEGA	B	-0.24%
CASY	B	-0.24%
CRBG	B	-0.24%
FRPT	B	-0.23%
CLH	C	-0.23%
BRBR	A	-0.23%
AVTR	F	-0.23%
KRG	B	-0.22%
BWXT	A	-0.22%
CIEN	B	-0.22%
CUBE	C	-0.21%
AOS	F	-0.21%
AZEK	B	-0.21%
INSP	F	-0.21%
PLNT	A	-0.2%
NWSA	B	-0.2%
ENSG	D	-0.2%
WEX	F	-0.2%
DOX	D	-0.2%
TDW	F	-0.19%
FOXA	A	-0.19%
LBRDK	B	-0.19%
CRL	D	-0.19%
BLD	F	-0.19%
EXP	B	-0.19%
RHP	B	-0.19%
POOL	D	-0.19%
HALO	D	-0.19%
MTCH	F	-0.18%
FN	C	-0.18%
MKTX	C	-0.18%
ROKU	D	-0.18%
FND	F	-0.18%
CFLT	C	-0.18%
GTLB	B	-0.18%
ATI	D	-0.18%
RBC	A	-0.18%
BRKR	F	-0.18%
BFAM	F	-0.17%
GNRC	B	-0.17%
CHE	D	-0.17%
EXLS	B	-0.17%
TECH	D	-0.17%
TPX	A	-0.16%
RGLD	C	-0.16%
APLS	F	-0.16%
HLI	A	-0.16%
GNTX	C	-0.16%
MTSI	B	-0.15%
GXO	B	-0.15%
TENB	D	-0.15%
H	B	-0.15%
BL	B	-0.15%
WSC	F	-0.15%
WMS	F	-0.15%
ETSY	D	-0.15%
LSCC	D	-0.15%
SPSC	D	-0.15%
SSD	D	-0.14%
SKX	D	-0.14%
MASI	A	-0.14%
OLED	F	-0.13%
SITE	D	-0.13%
GKOS	B	-0.13%
MMSI	A	-0.13%
CWST	A	-0.13%
TTC	D	-0.13%
TREX	C	-0.13%
CHH	A	-0.13%
BPMC	D	-0.13%
DBX	C	-0.13%
CHX	C	-0.13%
QGEN	D	-0.13%
MTN	C	-0.13%
FSS	C	-0.13%
CNM	F	-0.13%
MTDR	C	-0.12%
IRT	A	-0.12%
TRNO	D	-0.12%
IONS	F	-0.12%
CROX	F	-0.12%
QLYS	C	-0.12%
AWI	A	-0.12%
VRNS	D	-0.12%
HXL	F	-0.11%
ORA	B	-0.11%
ONTO	F	-0.11%
RGEN	D	-0.11%
DAR	B	-0.11%
WH	A	-0.11%
ZI	D	-0.11%
NEU	C	-0.1%
CACC	D	-0.1%
IBP	F	-0.1%
HAE	A	-0.1%
CTLT	C	-0.1%
TNET	F	-0.1%
LANC	D	-0.1%
WK	B	-0.1%
MMS	D	-0.1%
IPAR	C	-0.1%
FIVE	F	-0.1%
FIZZ	B	-0.09%
FIVN	C	-0.09%
OPCH	F	-0.09%
LFUS	D	-0.09%
WMG	B	-0.09%
EEFT	C	-0.09%
RVMD	B	-0.09%
CGNX	D	-0.09%
DV	C	-0.09%
BCPC	B	-0.09%
EXPO	D	-0.08%
LSTR	D	-0.08%
RH	C	-0.08%
IGT	F	-0.08%
DLB	D	-0.08%
HGV	B	-0.08%
CIVI	F	-0.08%
ALGM	F	-0.08%
CYTK	D	-0.07%
RIG	D	-0.07%
W	F	-0.07%
MGY	A	-0.06%
LCID	F	-0.06%
COLD	F	-0.06%
NFE	F	-0.05%
SLAB	F	-0.04%
POWI	D	-0.04%