VFVA vs. FNDX ETF Comparison

Comparison of Vanguard Wellington Fund ETF (VFVA) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values 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 lower share prices relative to fundamental values 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

$128.27

Average Daily Volume

12,937

Number of Holdings ^*

613

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$24.83

Average Daily Volume

1,186,729

Number of Holdings ^*

721

* may have additional holdings in another (foreign) market

Performance

Period	VFVA	FNDX
30 Days	6.78%	3.67%
60 Days	7.36%	4.58%
90 Days	7.38%	6.53%
12 Months	28.66%	29.67%

269 Overlapping Holdings

Symbol	Grade	Weight in VFVA	Weight in FNDX	Overlap
ABG	B	0.15%	0.03%	0.03%
ACGL	D	0.2%	0.03%	0.03%
ADM	D	0.23%	0.21%	0.21%
ADNT	F	0.19%	0.02%	0.02%
AEO	F	0.18%	0.01%	0.01%
AFL	B	0.09%	0.21%	0.09%
AGCO	D	0.18%	0.03%	0.03%
AIG	B	0.51%	0.28%	0.28%
AL	B	0.41%	0.02%	0.02%
ALK	C	0.23%	0.02%	0.02%
ALL	A	0.17%	0.27%	0.17%
ALLY	C	0.25%	0.1%	0.1%
ALSN	B	0.16%	0.05%	0.05%
AMG	B	0.21%	0.04%	0.04%
ANDE	D	0.12%	0.01%	0.01%
ANET	C	0.03%	0.04%	0.03%
APA	D	0.22%	0.03%	0.03%
APO	B	0.05%	0.03%	0.03%
APTV	D	0.14%	0.02%	0.02%
AR	B	0.13%	0.03%	0.03%
ARW	D	0.43%	0.08%	0.08%
ASGN	F	0.05%	0.02%	0.02%
ASO	F	0.21%	0.02%	0.02%
AVT	C	0.25%	0.07%	0.07%
AZO	C	0.26%	0.06%	0.06%
BAC	A	0.76%	1.3%	0.76%
BBWI	D	0.18%	0.03%	0.03%
BC	C	0.18%	0.03%	0.03%
BCC	B	0.07%	0.04%	0.04%
BDX	F	0.29%	0.11%	0.11%
BEN	C	0.05%	0.04%	0.04%
BERY	B	0.38%	0.04%	0.04%
BFH	B	0.17%	0.05%	0.05%
BG	F	0.27%	0.1%	0.1%
BK	A	0.5%	0.26%	0.26%
BLDR	D	0.08%	0.06%	0.06%
BMY	B	0.46%	0.45%	0.45%
BPOP	B	0.06%	0.02%	0.02%
BTU	B	0.17%	0.03%	0.03%
BWA	D	0.25%	0.05%	0.05%
C	A	0.72%	1.1%	0.72%
CAG	D	0.16%	0.06%	0.06%
CAH	B	0.26%	0.07%	0.07%
CB	C	0.48%	0.26%	0.26%
CC	C	0.02%	0.02%	0.02%
CCL	B	0.23%	0.06%	0.06%
CE	F	0.3%	0.03%	0.03%
CF	B	0.18%	0.07%	0.07%
CFG	B	0.13%	0.1%	0.1%
CG	A	0.03%	0.03%	0.03%
CI	F	0.66%	0.48%	0.48%
CLF	F	0.21%	0.03%	0.03%
CMA	A	0.15%	0.07%	0.07%
CMC	B	0.19%	0.03%	0.03%
CMCSA	B	0.68%	0.83%	0.68%
CNC	D	0.22%	0.19%	0.19%
CNH	C	0.16%	0.02%	0.02%
CNO	A	0.04%	0.04%	0.04%
CNXC	F	0.06%	0.01%	0.01%
COF	B	0.66%	0.48%	0.48%
COHR	B	0.07%	0.02%	0.02%
COP	C	0.65%	0.48%	0.48%
CRBG	B	0.02%	0.04%	0.02%
CSCO	B	0.14%	0.82%	0.14%
CTRA	B	0.19%	0.03%	0.03%
CVS	D	0.74%	0.68%	0.68%
CVX	A	0.7%	1.25%	0.7%
DAL	C	0.2%	0.03%	0.03%
DAN	D	0.17%	0.01%	0.01%
DAR	C	0.17%	0.02%	0.02%
DBX	B	0.2%	0.01%	0.01%
DE	A	0.15%	0.23%	0.15%
DG	F	0.02%	0.08%	0.02%
DGX	A	0.03%	0.07%	0.03%
DHI	D	0.31%	0.16%	0.16%
DINO	D	0.16%	0.05%	0.05%
DIS	B	0.4%	0.45%	0.4%
DLTR	F	0.1%	0.05%	0.05%
DOW	F	0.18%	0.18%	0.18%
DVN	F	0.08%	0.09%	0.08%
DXC	B	0.23%	0.05%	0.05%
EBAY	D	0.05%	0.17%	0.05%
EG	C	0.17%	0.02%	0.02%
ELV	F	0.07%	0.36%	0.07%
EMN	D	0.09%	0.08%	0.08%
EMR	A	0.14%	0.17%	0.14%
EOG	A	0.75%	0.23%	0.23%
EQH	B	0.07%	0.05%	0.05%
EQT	B	0.17%	0.04%	0.04%
EWBC	A	0.08%	0.03%	0.03%
F	C	0.68%	0.33%	0.33%
FAF	A	0.08%	0.04%	0.04%
FANG	D	0.3%	0.05%	0.05%
FCNCA	A	0.12%	0.02%	0.02%
FCX	D	0.43%	0.14%	0.14%
FDX	B	0.89%	0.32%	0.32%
FHN	A	0.1%	0.03%	0.03%
FI	A	0.53%	0.13%	0.13%
FIS	C	0.22%	0.12%	0.12%
FL	F	0.09%	0.03%	0.03%
FMC	D	0.05%	0.03%	0.03%
FNF	B	0.14%	0.06%	0.06%
FSLR	F	0.02%	0.01%	0.01%
GAP	C	0.1%	0.04%	0.04%
GD	F	0.26%	0.21%	0.21%
GILD	C	0.44%	0.37%	0.37%
GL	B	0.08%	0.03%	0.03%
GM	B	0.87%	0.79%	0.79%
GNW	A	0.12%	0.03%	0.03%
GOOG	C	0.06%	1.14%	0.06%
GPI	A	0.06%	0.05%	0.05%
GPK	C	0.06%	0.03%	0.03%
GPN	B	0.1%	0.09%	0.09%
GS	A	0.44%	0.62%	0.44%
GT	C	0.34%	0.04%	0.04%
HAL	C	0.07%	0.06%	0.06%
HBI	B	0.09%	0.03%	0.03%
HCA	F	0.76%	0.2%	0.2%
HIG	B	0.07%	0.14%	0.07%
HII	D	0.11%	0.03%	0.03%
HOG	D	0.18%	0.02%	0.02%
HPE	B	0.32%	0.21%	0.21%
HPQ	B	0.42%	0.21%	0.21%
HRB	D	0.13%	0.01%	0.01%
HUBG	A	0.04%	0.02%	0.02%
IBM	C	0.18%	0.54%	0.18%
INGR	B	0.17%	0.05%	0.05%
INTC	D	0.66%	0.89%	0.66%
IP	B	0.02%	0.17%	0.02%
IVZ	B	0.19%	0.05%	0.05%
JAZZ	B	0.17%	0.01%	0.01%
JBL	B	0.03%	0.06%	0.03%
JEF	A	0.17%	0.06%	0.06%
JHG	A	0.07%	0.03%	0.03%
JLL	D	0.12%	0.08%	0.08%
JNJ	D	0.18%	0.89%	0.18%
JPM	A	0.54%	2.03%	0.54%
JXN	C	0.15%	0.04%	0.04%
KBH	D	0.21%	0.03%	0.03%
KEY	B	0.19%	0.1%	0.1%
KHC	F	0.1%	0.09%	0.09%
KMI	A	0.11%	0.23%	0.11%
KNX	B	0.19%	0.04%	0.04%
KR	B	0.22%	0.3%	0.22%
LEA	D	0.17%	0.05%	0.05%
LEG	F	0.22%	0.02%	0.02%
LEN	D	0.08%	0.16%	0.08%
LEN	D	0.19%	0.16%	0.16%
LILAK	D	0.19%	0.01%	0.01%
LKQ	D	0.16%	0.05%	0.05%
LNC	B	0.32%	0.05%	0.05%
LULU	C	0.1%	0.01%	0.01%
LYB	F	0.3%	0.14%	0.14%
M	D	0.22%	0.06%	0.06%
MAN	D	0.12%	0.04%	0.04%
MATX	C	0.21%	0.02%	0.02%
MCK	B	0.35%	0.11%	0.11%
MDT	D	0.42%	0.16%	0.16%
MDU	D	0.18%	0.02%	0.02%
MET	A	0.52%	0.26%	0.26%
MHK	D	0.28%	0.06%	0.06%
MKL	A	0.04%	0.05%	0.04%
MLI	C	0.22%	0.03%	0.03%
MMM	D	0.07%	0.35%	0.07%
MO	A	1.0%	0.37%	0.37%
MOS	F	0.23%	0.06%	0.06%
MPC	D	0.56%	0.4%	0.4%
MS	A	0.32%	0.46%	0.32%
MTB	A	0.18%	0.11%	0.11%
MTG	C	0.28%	0.02%	0.02%
MTH	D	0.05%	0.03%	0.03%
MU	D	0.59%	0.38%	0.38%
MUR	D	0.29%	0.02%	0.02%
NAVI	C	0.13%	0.02%	0.02%
NEM	D	0.4%	0.13%	0.13%
NOV	C	0.19%	0.02%	0.02%
NUE	C	0.38%	0.19%	0.19%
NWL	B	0.13%	0.03%	0.03%
NWSA	B	0.14%	0.04%	0.04%
NXST	C	0.05%	0.03%	0.03%
OC	A	0.07%	0.07%	0.07%
ODP	F	0.18%	0.02%	0.02%
OGN	D	0.15%	0.04%	0.04%
OI	C	0.27%	0.02%	0.02%
OLN	D	0.14%	0.03%	0.03%
OMF	A	0.07%	0.06%	0.06%
ORI	A	0.13%	0.05%	0.05%
OVV	B	0.26%	0.06%	0.06%
OXY	D	0.5%	0.11%	0.11%
PBF	D	0.18%	0.03%	0.03%
PCAR	B	0.42%	0.15%	0.15%
PENN	C	0.06%	0.02%	0.02%
PFE	D	0.36%	0.68%	0.36%
PFG	D	0.06%	0.09%	0.06%
PHM	D	0.11%	0.11%	0.11%
PII	D	0.08%	0.02%	0.02%
PM	B	0.13%	0.48%	0.13%
PNC	B	0.33%	0.3%	0.3%
PRGO	B	0.24%	0.01%	0.01%
PRU	A	0.28%	0.22%	0.22%
PSX	C	0.71%	0.36%	0.36%
PVH	C	0.21%	0.04%	0.04%
PYPL	B	0.24%	0.22%	0.22%
QCOM	F	0.07%	0.43%	0.07%
QRVO	F	0.12%	0.03%	0.03%
R	B	0.41%	0.07%	0.07%
REZI	A	0.14%	0.02%	0.02%
RF	A	0.1%	0.09%	0.09%
RGA	A	0.04%	0.04%	0.04%
RJF	A	0.08%	0.05%	0.05%
RRX	B	0.12%	0.03%	0.03%
RS	B	0.02%	0.09%	0.02%
RTX	C	0.14%	0.34%	0.14%
RUSHA	C	0.06%	0.02%	0.02%
SAIC	F	0.1%	0.02%	0.02%
SANM	B	0.07%	0.03%	0.03%
SCHW	B	0.1%	0.13%	0.1%
SJM	D	0.15%	0.05%	0.05%
SLB	C	0.69%	0.12%	0.12%
SLM	A	0.03%	0.04%	0.03%
SM	B	0.22%	0.02%	0.02%
SNV	B	0.2%	0.03%	0.03%
SNX	C	0.24%	0.03%	0.03%
SON	D	0.21%	0.02%	0.02%
SPTN	D	0.15%	0.01%	0.01%
SSNC	B	0.08%	0.04%	0.04%
ST	F	0.15%	0.02%	0.02%
STLD	B	0.13%	0.11%	0.11%
STT	A	0.02%	0.1%	0.02%
SYF	B	0.33%	0.34%	0.33%
T	A	1.01%	1.27%	1.01%
TAP	C	0.16%	0.05%	0.05%
TDS	B	0.12%	0.05%	0.05%
TFC	A	0.73%	0.23%	0.23%
TGNA	B	0.2%	0.02%	0.02%
TGT	F	0.27%	0.38%	0.27%
THG	A	0.04%	0.03%	0.03%
TKR	D	0.09%	0.02%	0.02%
TMHC	B	0.06%	0.04%	0.04%
TMUS	B	0.3%	0.25%	0.25%
TNL	A	0.21%	0.01%	0.01%
TOL	B	0.16%	0.06%	0.06%
TPH	D	0.21%	0.03%	0.03%
TPR	B	0.04%	0.05%	0.04%
TRV	B	0.48%	0.31%	0.31%
TSN	B	0.07%	0.2%	0.07%
TXT	D	0.09%	0.06%	0.06%
UFPI	B	0.11%	0.04%	0.04%
UHAL	D	0.22%	0.02%	0.02%
UHS	D	0.16%	0.08%	0.08%
UNFI	A	0.12%	0.01%	0.01%
UNM	A	0.6%	0.06%	0.06%
USB	A	0.71%	0.32%	0.32%
VAC	B	0.09%	0.02%	0.02%
VLO	C	0.66%	0.39%	0.39%
VSH	D	0.07%	0.01%	0.01%
VTRS	A	0.25%	0.1%	0.1%
VZ	C	0.8%	1.13%	0.8%
WBD	C	0.05%	0.08%	0.05%
WCC	B	0.2%	0.04%	0.04%
WERN	C	0.03%	0.02%	0.02%
WFC	A	0.59%	1.35%	0.59%
WHR	B	0.21%	0.08%	0.08%
WKC	D	0.16%	0.08%	0.08%
WMB	A	0.35%	0.17%	0.17%
XOM	B	0.86%	1.99%	0.86%
XRAY	F	0.06%	0.01%	0.01%
XRX	F	0.05%	0.02%	0.02%
ZION	B	0.16%	0.06%	0.06%

VFVA Overweight 344 Positions Relative to FNDX

Symbol	Grade	Weight
ESNT	D	0.45%
RPRX	D	0.41%
COLB	A	0.34%
CIVI	D	0.33%
FOX	A	0.33%
GTES	A	0.3%
UAL	A	0.29%
RDN	C	0.28%
PRDO	B	0.28%
STBA	B	0.26%
ATKR	C	0.26%
AXS	A	0.26%
TTMI	B	0.25%
INSW	F	0.24%
HRI	B	0.22%
WBS	A	0.22%
BHF	B	0.22%
WAFD	B	0.21%
PTEN	C	0.21%
TEX	D	0.21%
ONB	B	0.21%
AMR	C	0.2%
ZI	D	0.2%
TROX	D	0.2%
GPOR	B	0.2%
RNR	C	0.2%
SIRI	C	0.2%
FFBC	A	0.2%
KOS	F	0.19%
PUMP	B	0.19%
MHO	D	0.19%
HCC	B	0.19%
PCRX	C	0.19%
BMBL	C	0.19%
FNB	A	0.19%
HWC	B	0.19%
STNG	F	0.19%
MTDR	B	0.18%
CHRD	D	0.18%
TNK	F	0.18%
HAIN	C	0.18%
CCS	D	0.18%
AHCO	F	0.18%
HELE	C	0.18%
WAL	B	0.18%
BYD	C	0.18%
CCSI	C	0.18%
PR	B	0.17%
ATSG	B	0.17%
EFSC	B	0.17%
MD	B	0.17%
GIII	D	0.17%
DTM	B	0.17%
GTN	F	0.17%
IMKTA	C	0.17%
RNG	B	0.17%
ZD	C	0.17%
SLVM	B	0.16%
PARR	D	0.16%
AXL	C	0.16%
ASIX	A	0.16%
GNK	D	0.16%
SEB	F	0.16%
COMM	D	0.16%
OCFC	B	0.16%
KOP	C	0.16%
OMI	F	0.16%
ABCB	B	0.16%
BXC	B	0.16%
CADE	B	0.16%
GBX	A	0.16%
SBH	C	0.16%
CRGY	B	0.16%
NMRK	B	0.16%
CRC	B	0.15%
DIN	C	0.15%
GLNG	C	0.15%
MBUU	C	0.15%
SNDR	B	0.15%
WWW	B	0.15%
BKU	A	0.15%
NUS	D	0.15%
UTHR	C	0.15%
MCB	B	0.15%
TWI	F	0.15%
CEIX	A	0.14%
ELAN	D	0.14%
SF	B	0.14%
IRWD	F	0.14%
TPC	C	0.14%
ECVT	C	0.14%
SNCY	C	0.14%
RMAX	C	0.14%
LZB	B	0.14%
PLTK	B	0.14%
ASC	F	0.14%
BRY	F	0.14%
ALIT	C	0.14%
DLX	B	0.14%
TDOC	C	0.13%
COOP	B	0.13%
LPG	F	0.13%
BGS	F	0.13%
ASB	B	0.13%
BELFB	C	0.13%
JELD	F	0.13%
VBTX	B	0.13%
GOGL	F	0.13%
GDOT	D	0.12%
NAT	F	0.12%
ENS	D	0.12%
HLX	B	0.12%
DCOM	A	0.12%
OZK	B	0.12%
FCF	A	0.12%
RPAY	D	0.12%
CMRE	C	0.12%
PLAB	C	0.12%
DOLE	D	0.12%
RYI	C	0.12%
DHT	F	0.12%
BANC	A	0.12%
APPS	F	0.12%
SXC	A	0.12%
STNE	F	0.11%
BUSE	B	0.11%
SKYW	B	0.11%
CLW	F	0.11%
EYE	C	0.11%
SASR	B	0.11%
PEBO	A	0.11%
MTCH	D	0.11%
FDP	B	0.11%
PPBI	B	0.11%
MATV	D	0.11%
MTUS	C	0.11%
PNFP	B	0.11%
IART	C	0.11%
FIVE	F	0.11%
SCSC	B	0.11%
OMCL	C	0.11%
ATGE	B	0.11%
JRVR	F	0.11%
HOPE	B	0.1%
BV	B	0.1%
TK	D	0.1%
CSTM	F	0.1%
FULT	A	0.1%
STC	B	0.1%
SD	D	0.1%
RRC	B	0.1%
RNST	B	0.1%
PHIN	A	0.1%
CUBI	C	0.1%
EGBN	B	0.1%
EGY	D	0.1%
CHGG	D	0.1%
NX	C	0.09%
MAT	D	0.09%
SMP	B	0.09%
VLY	B	0.09%
GPRE	F	0.09%
BANR	B	0.09%
GCO	B	0.09%
PATK	D	0.09%
FOXF	F	0.09%
AUB	B	0.09%
SATS	D	0.09%
DNB	B	0.09%
UVE	B	0.09%
VTOL	B	0.09%
CATY	B	0.09%
BZH	B	0.09%
NVST	B	0.09%
DNOW	B	0.09%
MODG	F	0.09%
SCHL	D	0.09%
HVT	D	0.09%
NTB	B	0.09%
WSBC	A	0.08%
HEES	B	0.08%
SSB	B	0.08%
BHLB	B	0.08%
SFL	D	0.08%
RYAM	C	0.08%
BOOM	F	0.08%
CWK	B	0.08%
PLAY	D	0.08%
NTCT	C	0.08%
ACCO	C	0.08%
BOKF	B	0.08%
ARCB	C	0.08%
EAT	A	0.08%
SRCE	B	0.08%
NBTB	B	0.08%
SB	F	0.08%
PBI	B	0.07%
WYNN	D	0.07%
OEC	C	0.07%
UPBD	B	0.07%
KFY	B	0.07%
SNEX	B	0.07%
PAGS	F	0.07%
INDB	B	0.07%
MTW	C	0.07%
HLF	C	0.07%
CXW	B	0.07%
AMKR	D	0.07%
TRST	A	0.07%
TRMK	B	0.07%
DXPE	B	0.07%
URBN	C	0.07%
AX	A	0.07%
CCRN	F	0.07%
HAFC	A	0.07%
FIBK	A	0.07%
NIC	B	0.07%
VREX	C	0.07%
CNA	B	0.07%
NOG	A	0.07%
ZEUS	C	0.07%
HI	C	0.07%
EBC	B	0.07%
REVG	B	0.07%
EMBC	C	0.07%
NMIH	D	0.07%
MLKN	D	0.07%
BBW	B	0.07%
LBRDA	C	0.06%
ALGT	B	0.06%
LXU	B	0.06%
PFS	B	0.06%
CROX	D	0.06%
FWRD	D	0.06%
UIS	B	0.06%
AMWD	C	0.06%
NNI	D	0.06%
DENN	D	0.06%
CAL	D	0.06%
OIS	C	0.06%
TCBK	B	0.06%
BUR	C	0.06%
SSP	F	0.06%
KELYA	F	0.06%
REPX	A	0.06%
VSCO	B	0.06%
ENVA	B	0.05%
PRLB	A	0.05%
BW	D	0.05%
GRBK	D	0.05%
GATX	A	0.05%
HFWA	B	0.05%
REX	D	0.05%
OFG	B	0.05%
LILA	D	0.05%
GEF	A	0.05%
FRME	B	0.05%
RGP	F	0.05%
CNOB	B	0.05%
NWBI	B	0.05%
TTEC	F	0.05%
PFSI	D	0.05%
GHC	C	0.05%
LBRT	D	0.05%
MATW	C	0.05%
TOWN	B	0.05%
TWLO	A	0.05%
HZO	D	0.04%
MRC	B	0.04%
GLDD	B	0.04%
VRNT	C	0.04%
WTTR	B	0.04%
HNRG	B	0.04%
WNC	C	0.04%
AMPY	C	0.04%
XPOF	C	0.04%
NCLH	B	0.04%
ETWO	F	0.04%
FFWM	C	0.04%
PPC	C	0.04%
DESP	B	0.04%
MOV	C	0.04%
BLMN	F	0.04%
UA	C	0.04%
RDUS	C	0.04%
TALO	C	0.04%
BY	B	0.04%
CFFN	B	0.04%
KALU	C	0.04%
GEO	B	0.04%
HOV	D	0.03%
IGT	F	0.03%
ACT	D	0.03%
NBHC	B	0.03%
ESI	A	0.03%
SCVL	F	0.03%
HY	D	0.03%
MBIN	D	0.03%
CMCO	B	0.03%
LC	A	0.03%
CNDT	C	0.03%
SWI	B	0.03%
JILL	C	0.03%
FF	D	0.03%
QCRH	A	0.03%
HRTG	C	0.03%
AMBC	C	0.03%
AMAL	B	0.03%
INMD	C	0.03%
SHLS	F	0.03%
USAP	B	0.03%
OLPX	D	0.03%
PTVE	B	0.03%
ZIMV	D	0.03%
WMK	C	0.03%
FOR	F	0.03%
DRVN	B	0.03%
IIIN	C	0.03%
TBRG	B	0.02%
NR	B	0.02%
CMPR	D	0.02%
NFBK	B	0.02%
HGV	B	0.02%
KODK	B	0.02%
TITN	C	0.02%
HDSN	F	0.02%
UCB	A	0.02%
ALKS	B	0.02%
PINC	B	0.02%
BAND	B	0.02%
BHE	B	0.02%
TTI	C	0.02%
EIG	B	0.02%
GO	C	0.02%
VYX	B	0.02%
AMRX	C	0.02%
PFBC	B	0.02%
HOMB	A	0.02%
BRKL	B	0.02%
EPC	D	0.02%
WRLD	C	0.02%
MEI	D	0.02%
PRA	C	0.02%
OBK	B	0.02%

VFVA Underweight 453 Positions Relative to FNDX

Symbol	Grade	Weight
AAPL	C	-4.35%
MSFT	F	-2.43%
BRK.A	B	-2.17%
META	D	-1.79%
AMZN	C	-1.56%
WMT	A	-1.47%
GOOGL	C	-1.33%
UNH	C	-1.22%
HD	A	-0.8%
PG	A	-0.77%
COST	B	-0.66%
LUMN	C	-0.65%
AVGO	D	-0.61%
ORCL	B	-0.5%
ABBV	D	-0.49%
LOW	D	-0.43%
MRK	F	-0.42%
CAT	B	-0.41%
PEP	F	-0.41%
NVDA	C	-0.4%
AMGN	D	-0.39%
LMT	D	-0.37%
HON	B	-0.37%
ACN	C	-0.36%
AXP	A	-0.36%
V	A	-0.36%
CHTR	C	-0.35%
KO	D	-0.35%
UNP	C	-0.35%
ABT	B	-0.34%
TXN	C	-0.34%
MCD	D	-0.34%
LIN	D	-0.33%
DUK	C	-0.3%
MA	C	-0.29%
TSLA	B	-0.28%
BLK	C	-0.28%
SBUX	A	-0.28%
UPS	C	-0.28%
DFS	B	-0.26%
SO	D	-0.26%
TMO	F	-0.25%
NEE	D	-0.24%
AMAT	F	-0.24%
BKNG	A	-0.24%
ETN	A	-0.23%
PGR	A	-0.23%
CSX	B	-0.22%
TJX	A	-0.22%
NSC	B	-0.21%
ADBE	C	-0.2%
MDLZ	F	-0.2%
NOC	D	-0.2%
LLY	F	-0.2%
CTSH	B	-0.19%
HUM	C	-0.19%
NKE	D	-0.19%
CMI	A	-0.19%
EXC	C	-0.17%
WBA	F	-0.17%
NFLX	A	-0.17%
D	C	-0.17%
DD	D	-0.17%
AEP	D	-0.16%
VST	B	-0.16%
BKR	B	-0.16%
BBY	D	-0.16%
LHX	C	-0.16%
JCI	C	-0.16%
DHR	F	-0.15%
AMP	A	-0.15%
SPGI	C	-0.15%
ADP	B	-0.15%
LRCX	F	-0.15%
ITW	B	-0.15%
WM	A	-0.15%
CRM	B	-0.15%
GE	D	-0.15%
MMC	B	-0.14%
OKE	A	-0.14%
GLW	B	-0.14%
CL	D	-0.13%
APD	A	-0.13%
PH	A	-0.13%
FITB	A	-0.13%
SYK	C	-0.13%
TROW	B	-0.13%
BX	A	-0.13%
ADI	D	-0.13%
AON	A	-0.13%
SRE	A	-0.13%
CBRE	B	-0.13%
URI	B	-0.13%
ED	D	-0.12%
ETR	B	-0.12%
WDC	D	-0.12%
CARR	D	-0.12%
KKR	A	-0.12%
XEL	A	-0.12%
ORLY	B	-0.11%
PARA	C	-0.11%
PEG	A	-0.11%
PPL	B	-0.11%
BA	F	-0.11%
ICE	C	-0.11%
INTU	C	-0.11%
AMT	D	-0.11%
GIS	D	-0.11%
EIX	B	-0.1%
SYY	B	-0.1%
FOXA	B	-0.1%
KMB	D	-0.1%
REGN	F	-0.1%
CEG	D	-0.1%
WELL	A	-0.1%
NRG	B	-0.1%
SPG	B	-0.1%
MRO	B	-0.09%
SW	A	-0.09%
ISRG	A	-0.09%
STX	D	-0.09%
FE	C	-0.09%
BIIB	F	-0.09%
EA	A	-0.09%
CTVA	C	-0.09%
BSX	B	-0.09%
MAR	B	-0.09%
APH	A	-0.09%
WY	D	-0.09%
CCI	D	-0.09%
LH	C	-0.09%
AMD	F	-0.09%
GEHC	F	-0.09%
HBAN	A	-0.08%
NTRS	A	-0.08%
NVR	D	-0.08%
USFD	A	-0.08%
CHRW	C	-0.08%
VTR	C	-0.08%
YUM	B	-0.08%
ES	D	-0.08%
OMC	C	-0.08%
KLAC	D	-0.08%
CME	A	-0.08%
GWW	B	-0.08%
PPG	F	-0.08%
WEC	A	-0.08%
DLR	B	-0.08%
EQIX	A	-0.08%
CTAS	B	-0.08%
ECL	D	-0.08%
SHW	A	-0.08%
K	A	-0.07%
BAX	D	-0.07%
IQV	D	-0.07%
VFC	C	-0.07%
MSI	B	-0.07%
HWM	A	-0.07%
SWK	D	-0.07%
WTW	B	-0.07%
AEE	A	-0.07%
TRGP	B	-0.07%
THC	D	-0.07%
MCO	B	-0.07%
NTAP	C	-0.07%
EVRG	A	-0.07%
STZ	D	-0.07%
PWR	A	-0.07%
PLD	D	-0.07%
KDP	D	-0.07%
CINF	A	-0.07%
X	C	-0.07%
LAD	A	-0.07%
ZTS	D	-0.07%
PKG	A	-0.07%
ROST	C	-0.07%
DTE	C	-0.07%
LDOS	C	-0.07%
VRTX	F	-0.07%
FAST	B	-0.07%
SNA	A	-0.06%
HES	B	-0.06%
ODFL	B	-0.06%
MGM	D	-0.06%
DVA	B	-0.06%
TSCO	D	-0.06%
CPAY	A	-0.06%
ROK	B	-0.06%
BALL	D	-0.06%
CMS	C	-0.06%
AA	B	-0.06%
LNG	B	-0.06%
FLEX	A	-0.06%
IRM	D	-0.06%
PFGC	B	-0.06%
HLT	A	-0.06%
EME	C	-0.06%
CNP	B	-0.06%
TT	A	-0.06%
RSG	A	-0.06%
PAYX	C	-0.06%
WAB	B	-0.06%
DOV	A	-0.06%
TDG	D	-0.06%
KSS	F	-0.06%
KMX	B	-0.06%
MOH	F	-0.05%
ACM	A	-0.05%
VNO	B	-0.05%
NI	A	-0.05%
MNST	C	-0.05%
VMC	B	-0.05%
AFG	A	-0.05%
ZBH	C	-0.05%
JBHT	C	-0.05%
CSL	C	-0.05%
NXPI	D	-0.05%
MCHP	D	-0.05%
IFF	D	-0.05%
L	A	-0.05%
JNPR	F	-0.05%
AES	F	-0.05%
DRI	B	-0.05%
AJG	B	-0.05%
AN	C	-0.05%
BXP	D	-0.05%
GPC	D	-0.05%
OTIS	C	-0.05%
KD	B	-0.05%
AVB	B	-0.05%
EQR	B	-0.05%
CASY	A	-0.05%
ROP	B	-0.05%
MAS	D	-0.05%
J	F	-0.05%
AME	A	-0.05%
SFM	A	-0.05%
PSA	D	-0.05%
KVUE	A	-0.05%
A	D	-0.05%
O	D	-0.04%
FBIN	D	-0.04%
UBER	D	-0.04%
LPX	B	-0.04%
EXPE	B	-0.04%
TER	D	-0.04%
OSK	B	-0.04%
AVY	D	-0.04%
IPG	D	-0.04%
KEYS	A	-0.04%
ZIM	C	-0.04%
LVS	C	-0.04%
PNR	A	-0.04%
FYBR	D	-0.04%
RPM	A	-0.04%
CMG	B	-0.04%
HSY	F	-0.04%
ON	D	-0.04%
HST	C	-0.04%
CLX	B	-0.04%
DOX	D	-0.04%
EXPD	D	-0.04%
CCK	C	-0.04%
WAT	B	-0.04%
ZBRA	B	-0.04%
DKS	C	-0.04%
ATO	A	-0.04%
SWKS	F	-0.04%
HOLX	D	-0.04%
RHI	B	-0.04%
HSIC	B	-0.04%
CHD	B	-0.04%
AWK	D	-0.04%
EW	C	-0.04%
LNT	A	-0.04%
GEN	B	-0.04%
MUSA	A	-0.04%
LPLA	A	-0.04%
PNW	B	-0.04%
AYI	B	-0.04%
THO	B	-0.04%
WSM	B	-0.04%
VRSK	A	-0.04%
EVR	B	-0.04%
MLM	B	-0.04%
GEV	B	-0.04%
MRVL	B	-0.04%
UGI	A	-0.04%
CDW	F	-0.04%
DELL	C	-0.03%
EXP	A	-0.03%
SEE	C	-0.03%
LSTR	D	-0.03%
PRI	A	-0.03%
INVH	D	-0.03%
SCI	B	-0.03%
IEX	B	-0.03%
ACI	C	-0.03%
MRNA	F	-0.03%
TDY	B	-0.03%
CPRT	A	-0.03%
GNTX	C	-0.03%
AAP	C	-0.03%
TRU	D	-0.03%
SQ	B	-0.03%
ITT	A	-0.03%
RVTY	F	-0.03%
BURL	A	-0.03%
ILMN	D	-0.03%
CW	B	-0.03%
LII	A	-0.03%
G	B	-0.03%
GDDY	A	-0.03%
FLR	B	-0.03%
STE	F	-0.03%
PCG	A	-0.03%
ARE	D	-0.03%
ALB	C	-0.03%
SEIC	B	-0.03%
MSCI	C	-0.03%
KIM	A	-0.03%
VOYA	B	-0.03%
TTWO	A	-0.03%
MTD	D	-0.03%
AMCR	D	-0.03%
ARMK	B	-0.03%
CPB	D	-0.03%
AIZ	A	-0.03%
EFX	F	-0.03%
CAR	C	-0.03%
OGE	B	-0.03%
HAS	D	-0.03%
EXR	D	-0.03%
AKAM	D	-0.03%
RL	B	-0.03%
CACI	D	-0.03%
ESS	B	-0.03%
HRL	D	-0.03%
XYL	D	-0.03%
SNPS	B	-0.03%
NDAQ	A	-0.03%
WU	D	-0.03%
TRMB	B	-0.03%
CIEN	B	-0.03%
ULTA	F	-0.03%
GRMN	B	-0.03%
MAA	B	-0.03%
FFIV	B	-0.03%
HUN	F	-0.03%
EL	F	-0.03%
DOC	D	-0.03%
IT	C	-0.03%
DECK	A	-0.03%
PANW	C	-0.03%
DPZ	C	-0.03%
BAH	F	-0.03%
FTV	C	-0.03%
WSO	A	-0.03%
RMD	C	-0.03%
IR	B	-0.03%
CDNS	B	-0.03%
MTZ	B	-0.03%
WRB	A	-0.03%
ADSK	A	-0.03%
MKC	D	-0.03%
FTNT	C	-0.03%
HUBB	B	-0.03%
BR	A	-0.03%
WLK	D	-0.02%
MTN	C	-0.02%
ALV	C	-0.02%
FLO	D	-0.02%
MPW	F	-0.02%
CHKP	D	-0.02%
TFX	F	-0.02%
ARCH	B	-0.02%
MIDD	C	-0.02%
AER	B	-0.02%
NSIT	F	-0.02%
KBR	F	-0.02%
POR	C	-0.02%
MKSI	C	-0.02%
TTC	D	-0.02%
WPC	D	-0.02%
GLPI	C	-0.02%
LW	C	-0.02%
POST	C	-0.02%
NFG	A	-0.02%
ANSS	B	-0.02%
SBAC	D	-0.02%
NDSN	B	-0.02%
WST	C	-0.02%
CZR	F	-0.02%
CCEP	C	-0.02%
LECO	B	-0.02%
TPX	B	-0.02%
STWD	C	-0.02%
PAG	B	-0.02%
EPAM	C	-0.02%
SLG	B	-0.02%
GGG	B	-0.02%
GXO	B	-0.02%
CTLT	B	-0.02%
IDXX	F	-0.02%
JKHY	D	-0.02%
CPT	B	-0.02%
POOL	C	-0.02%
ALGN	D	-0.02%
DCI	B	-0.02%
NVT	B	-0.02%
AVTR	F	-0.02%
AOS	F	-0.02%
BECN	B	-0.02%
SKX	D	-0.02%
SUI	D	-0.02%
LAMR	D	-0.02%
REG	B	-0.02%
PK	B	-0.02%
BRX	A	-0.02%
UDR	B	-0.02%
VICI	C	-0.02%
ABM	B	-0.02%
ATR	B	-0.02%
BJ	A	-0.02%
EHC	B	-0.02%
BRO	B	-0.02%
GNRC	B	-0.02%
COR	B	-0.02%
BAP	B	-0.02%
AXTA	A	-0.02%
LUV	C	-0.02%
SOLV	C	-0.02%
CRL	C	-0.01%
VRSN	F	-0.01%
ICLR	D	-0.01%
WTRG	B	-0.01%
MSM	C	-0.01%
CHE	D	-0.01%
MMS	F	-0.01%
CYH	F	-0.01%
BLD	D	-0.01%
CBOE	B	-0.01%
NOW	A	-0.01%
QRTEA	F	-0.01%
AAL	B	-0.01%
ALLE	D	-0.01%
FTI	A	-0.01%
JWN	C	-0.01%
DK	C	-0.01%
HTZ	C	-0.01%
CRI	D	-0.01%
CNX	A	-0.01%
CPRI	F	-0.01%