VONE vs. JPUS ETF Comparison

Comparison of Vanguard Russell 1000 ETF (VONE) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

VONE

Vanguard Russell 1000 ETF

VONE Description

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

$273.29

Average Daily Volume

57,377

Number of Holdings ^*

980

* may have additional holdings in another (foreign) market

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$123.36

Average Daily Volume

6,979

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

Performance

Period	VONE	JPUS
30 Days	4.08%	4.45%
60 Days	5.37%	3.66%
90 Days	7.72%	5.99%
12 Months	34.05%	28.46%

357 Overlapping Holdings

	Symbol	Grade	Weight in VONE	Weight in JPUS	Overlap
	AAPL	B	6.26%	0.36%	0.36%
	ABBV	D	0.69%	0.33%	0.33%
	ABT	B	0.37%	0.31%	0.31%
	ACGL	D	0.07%	0.31%	0.07%
	ACI	C	0.01%	0.31%	0.01%
	ACN	B	0.41%	0.32%	0.32%
	ADBE	C	0.4%	0.05%	0.05%
	ADI	D	0.21%	0.35%	0.21%
	ADM	F	0.05%	0.34%	0.05%
	AEP	D	0.1%	0.31%	0.1%
	AFG	A	0.02%	0.06%	0.02%
	AFL	B	0.11%	0.38%	0.11%
	AGO	A	0.01%	0.05%	0.01%
	ALLY	C	0.02%	0.24%	0.02%
	ALSN	B	0.02%	0.42%	0.02%
	AM	B	0.01%	0.38%	0.01%
	AMAT	F	0.29%	0.31%	0.29%
	AMGN	D	0.33%	0.35%	0.33%
	AMP	B	0.1%	0.29%	0.1%
	ANET	C	0.19%	0.47%	0.19%
	AOS	D	0.02%	0.3%	0.02%
	APH	B	0.15%	0.42%	0.15%
	APO	A	0.14%	0.23%	0.14%
	ASH	F	0.01%	0.19%	0.01%
	ATO	A	0.04%	0.16%	0.04%
	AVB	B	0.06%	0.31%	0.06%
	AVGO	D	1.47%	0.38%	0.38%
	AVY	D	0.03%	0.26%	0.03%
	AZO	C	0.1%	0.35%	0.1%
	BAC	A	0.54%	0.31%	0.31%
	BAH	F	0.04%	0.32%	0.04%
	BBY	D	0.04%	0.24%	0.04%
	BDX	F	0.13%	0.19%	0.13%
	BG	F	0.02%	0.34%	0.02%
	BKNG	B	0.3%	0.18%	0.18%
	BLDR	C	0.04%	0.34%	0.04%
	BMY	B	0.22%	0.25%	0.22%
	BPOP	B	0.01%	0.21%	0.01%
	BRBR	B	0.02%	0.24%	0.02%
	BRK.A	B	1.57%	0.39%	0.39%
	BRX	A	0.02%	0.37%	0.02%
	CACI	D	0.02%	0.14%	0.02%
	CAG	D	0.03%	0.32%	0.03%
	CAH	B	0.05%	0.36%	0.05%
	CARR	C	0.12%	0.09%	0.09%
	CASY	B	0.03%	0.41%	0.03%
	CAT	B	0.35%	0.28%	0.28%
	CB	D	0.22%	0.27%	0.22%
	CBOE	B	0.04%	0.25%	0.04%
	CBRE	B	0.08%	0.05%	0.05%
	CCI	D	0.09%	0.16%	0.09%
	CDNS	B	0.14%	0.33%	0.14%
	CE	F	0.03%	0.2%	0.03%
	CEG	D	0.16%	0.42%	0.16%
	CF	B	0.03%	0.32%	0.03%
	CFG	B	0.04%	0.07%	0.04%
	CHD	B	0.05%	0.34%	0.05%
	CHE	D	0.02%	0.16%	0.02%
	CHTR	C	0.06%	0.4%	0.06%
	CI	D	0.17%	0.35%	0.17%
	CIEN	B	0.02%	0.52%	0.02%
	CL	D	0.15%	0.32%	0.15%
	CLF	F	0.01%	0.18%	0.01%
	CLH	B	0.02%	0.41%	0.02%
	CLX	C	0.04%	0.35%	0.04%
	CMCSA	C	0.32%	0.42%	0.32%
	CMI	A	0.09%	0.42%	0.09%
	CMS	C	0.04%	0.28%	0.04%
	CNM	D	0.02%	0.21%	0.02%
	COF	B	0.12%	0.45%	0.12%
	COKE	C	0.01%	0.21%	0.01%
	COP	D	0.24%	0.28%	0.24%
	COR	C	0.07%	0.39%	0.07%
	CPB	D	0.02%	0.33%	0.02%
	CPT	B	0.02%	0.17%	0.02%
	CRI	F	0.0%	0.03%	0.0%
	CRUS	F	0.01%	0.1%	0.01%
	CSCO	A	0.42%	0.41%	0.41%
	CSL	B	0.04%	0.17%	0.04%
	CSX	B	0.13%	0.13%	0.13%
	CTRA	B	0.03%	0.35%	0.03%
	CTSH	B	0.07%	0.37%	0.07%
	CTVA	B	0.08%	0.3%	0.08%
	CUBE	D	0.02%	0.35%	0.02%
	CVS	D	0.14%	0.36%	0.14%
	CVX	B	0.49%	0.35%	0.35%
	CWEN	C	0.01%	0.05%	0.01%
	CWEN	C	0.0%	0.05%	0.0%
	D	C	0.1%	0.34%	0.1%
	DFS	B	0.07%	0.13%	0.07%
	DGX	B	0.03%	0.36%	0.03%
	DHI	D	0.1%	0.33%	0.1%
	DHR	D	0.3%	0.27%	0.27%
	DINO	F	0.01%	0.26%	0.01%
	DKS	C	0.02%	0.36%	0.02%
	DLB	B	0.01%	0.06%	0.01%
	DOW	F	0.07%	0.26%	0.07%
	DOX	D	0.02%	0.24%	0.02%
	DRI	B	0.04%	0.24%	0.04%
	DTE	C	0.05%	0.3%	0.05%
	DTM	B	0.02%	0.17%	0.02%
	DUK	C	0.17%	0.36%	0.17%
	DVA	B	0.01%	0.37%	0.01%
	DVN	F	0.05%	0.1%	0.05%
	EA	C	0.08%	0.19%	0.08%
	ECL	D	0.12%	0.29%	0.12%
	ED	D	0.07%	0.34%	0.07%
	EG	C	0.03%	0.28%	0.03%
	EGP	D	0.02%	0.06%	0.02%
	EIX	A	0.06%	0.36%	0.06%
	ELV	F	0.18%	0.26%	0.18%
	EMN	D	0.02%	0.32%	0.02%
	EOG	C	0.13%	0.32%	0.13%
	EPR	D	0.01%	0.17%	0.01%
	EQR	B	0.05%	0.2%	0.05%
	ESI	B	0.01%	0.3%	0.01%
	ESS	B	0.03%	0.37%	0.03%
	ETN	A	0.25%	0.43%	0.25%
	ETR	B	0.06%	0.46%	0.06%
	EVRG	A	0.03%	0.34%	0.03%
	EXC	D	0.07%	0.31%	0.07%
	EXP	B	0.02%	0.21%	0.02%
	F	C	0.08%	0.19%	0.08%
	FANG	F	0.06%	0.39%	0.06%
	FAST	B	0.09%	0.39%	0.09%
	FBIN	D	0.02%	0.12%	0.02%
	FCNCA	B	0.04%	0.43%	0.04%
	FCX	F	0.12%	0.25%	0.12%
	FE	D	0.05%	0.34%	0.05%
	FITB	B	0.06%	0.31%	0.06%
	FLO	C	0.01%	0.21%	0.01%
	FNF	B	0.03%	0.35%	0.03%
	FR	C	0.01%	0.16%	0.01%
	FRT	A	0.02%	0.09%	0.02%
	FTRE	C	0.0%	0.03%	0.0%
	FYBR	D	0.02%	0.37%	0.02%
	GAP	C	0.01%	0.2%	0.01%
	GD	F	0.15%	0.36%	0.15%
	GEHC	F	0.07%	0.22%	0.07%
	GEN	A	0.03%	0.07%	0.03%
	GILD	B	0.21%	0.35%	0.21%
	GIS	D	0.07%	0.33%	0.07%
	GLPI	B	0.02%	0.34%	0.02%
	GNTX	C	0.01%	0.28%	0.01%
	GOOGL	C	1.92%	0.11%	0.11%
	GRMN	A	0.06%	0.43%	0.06%
	GWW	A	0.09%	0.43%	0.09%
	HBAN	B	0.04%	0.33%	0.04%
	HCA	F	0.13%	0.34%	0.13%
	HIG	B	0.06%	0.39%	0.06%
	HIW	D	0.01%	0.15%	0.01%
	HOG	F	0.01%	0.03%	0.01%
	HOLX	D	0.04%	0.28%	0.04%
	HPE	B	0.05%	0.3%	0.05%
	HRB	D	0.02%	0.36%	0.02%
	HRL	D	0.02%	0.35%	0.02%
	HST	C	0.02%	0.4%	0.02%
	HSY	F	0.05%	0.26%	0.05%
	HUBB	B	0.04%	0.35%	0.04%
	HUN	F	0.01%	0.16%	0.01%
	IBM	C	0.36%	0.3%	0.3%
	IDA	B	0.01%	0.02%	0.01%
	IFF	D	0.05%	0.21%	0.05%
	INGR	B	0.02%	0.42%	0.02%
	INTU	C	0.32%	0.36%	0.32%
	IP	B	0.04%	0.46%	0.04%
	IPG	C	0.02%	0.15%	0.02%
	IRDM	C	0.01%	0.06%	0.01%
	IRM	C	0.07%	0.39%	0.07%
	IT	C	0.07%	0.32%	0.07%
	ITT	A	0.02%	0.24%	0.02%
	ITW	A	0.15%	0.34%	0.15%
	JEF	A	0.02%	0.3%	0.02%
	JLL	B	0.02%	0.41%	0.02%
	JNPR	F	0.02%	0.38%	0.02%
	K	A	0.04%	0.38%	0.04%
	KDP	D	0.07%	0.26%	0.07%
	KEY	A	0.03%	0.06%	0.03%
	KHC	D	0.06%	0.34%	0.06%
	KIM	A	0.03%	0.33%	0.03%
	KLAC	F	0.17%	0.32%	0.17%
	KMB	C	0.09%	0.34%	0.09%
	KMI	B	0.09%	0.48%	0.09%
	KO	D	0.48%	0.33%	0.33%
	KR	A	0.07%	0.43%	0.07%
	KRC	C	0.01%	0.16%	0.01%
	KSS	F	0.0%	0.01%	0.0%
	KVUE	A	0.08%	0.39%	0.08%
	LAMR	C	0.02%	0.39%	0.02%
	LDOS	D	0.05%	0.22%	0.05%
	LEG	D	0.0%	0.02%	0.0%
	LEN	C	0.08%	0.36%	0.08%
	LEN	C	0.0%	0.36%	0.0%
	LH	B	0.04%	0.28%	0.04%
	LIN	D	0.42%	0.28%	0.28%
	LLY	F	1.27%	0.33%	0.33%
	LMT	D	0.22%	0.36%	0.22%
	LNG	B	0.08%	0.34%	0.08%
	LOPE	B	0.01%	0.09%	0.01%
	LOW	C	0.29%	0.37%	0.29%
	LPX	B	0.01%	0.08%	0.01%
	LRCX	F	0.18%	0.26%	0.18%
	LSTR	B	0.01%	0.04%	0.01%
	LYB	F	0.04%	0.31%	0.04%
	M	D	0.01%	0.18%	0.01%
	MAA	B	0.03%	0.21%	0.03%
	MAS	C	0.03%	0.3%	0.03%
	MCK	C	0.12%	0.46%	0.12%
	MDLZ	F	0.18%	0.33%	0.18%
	MDT	D	0.22%	0.23%	0.22%
	MEDP	F	0.02%	0.19%	0.02%
	META	D	2.37%	0.42%	0.42%
	MMC	A	0.21%	0.05%	0.05%
	MNST	B	0.07%	0.03%	0.03%
	MO	A	0.18%	0.39%	0.18%
	MOH	F	0.04%	0.14%	0.04%
	MOS	F	0.02%	0.17%	0.02%
	MPC	F	0.1%	0.36%	0.1%
	MRK	F	0.49%	0.26%	0.26%
	MRO	B	0.03%	0.37%	0.03%
	MSFT	D	5.76%	0.35%	0.35%
	MSI	C	0.14%	0.43%	0.14%
	MSM	C	0.01%	0.25%	0.01%
	MTG	B	0.01%	0.35%	0.01%
	NEM	F	0.1%	0.18%	0.1%
	NEU	C	0.01%	0.18%	0.01%
	NFG	B	0.01%	0.3%	0.01%
	NI	A	0.03%	0.41%	0.03%
	NKE	F	0.18%	0.06%	0.06%
	NNN	D	0.01%	0.16%	0.01%
	NRG	C	0.04%	0.46%	0.04%
	NSA	C	0.01%	0.05%	0.01%
	NTAP	C	0.05%	0.31%	0.05%
	NUE	D	0.06%	0.3%	0.06%
	NVDA	C	5.92%	0.45%	0.45%
	NVR	D	0.05%	0.38%	0.05%
	NXST	C	0.01%	0.36%	0.01%
	OC	B	0.03%	0.34%	0.03%
	OGE	A	0.02%	0.36%	0.02%
	OHI	D	0.02%	0.38%	0.02%
	OLN	F	0.01%	0.26%	0.01%
	OMF	A	0.01%	0.22%	0.01%
	ORCL	C	0.5%	0.41%	0.41%
	ORI	A	0.02%	0.3%	0.02%
	ORLY	B	0.13%	0.37%	0.13%
	OXY	F	0.06%	0.1%	0.06%
	PAG	B	0.01%	0.34%	0.01%
	PCAR	B	0.1%	0.06%	0.06%
	PEG	A	0.08%	0.41%	0.08%
	PEP	F	0.44%	0.34%	0.34%
	PFG	C	0.04%	0.1%	0.04%
	PFGC	A	0.02%	0.46%	0.02%
	PG	A	0.74%	0.36%	0.36%
	PGR	A	0.27%	0.39%	0.27%
	PH	A	0.15%	0.39%	0.15%
	PHM	C	0.05%	0.38%	0.05%
	PK	B	0.01%	0.24%	0.01%
	PKG	B	0.04%	0.3%	0.04%
	PLD	D	0.2%	0.01%	0.01%
	PM	B	0.39%	0.39%	0.39%
	PNW	B	0.02%	0.39%	0.02%
	POST	B	0.01%	0.35%	0.01%
	PPC	C	0.0%	0.21%	0.0%
	PPL	B	0.05%	0.39%	0.05%
	PR	C	0.02%	0.23%	0.02%
	PRU	A	0.08%	0.1%	0.08%
	PSA	C	0.1%	0.34%	0.1%
	PSX	C	0.1%	0.35%	0.1%
	PWR	A	0.08%	0.46%	0.08%
	QCOM	F	0.35%	0.3%	0.3%
	R	B	0.01%	0.18%	0.01%
	RBC	B	0.02%	0.07%	0.02%
	REG	B	0.03%	0.38%	0.03%
	REGN	F	0.17%	0.26%	0.17%
	RF	B	0.04%	0.09%	0.04%
	RGA	A	0.03%	0.17%	0.03%
	RGLD	D	0.02%	0.08%	0.02%
	RHI	C	0.01%	0.17%	0.01%
	RMD	C	0.07%	0.07%	0.07%
	ROKU	D	0.02%	0.0%	0.0%
	ROST	C	0.09%	0.23%	0.09%
	RPM	A	0.03%	0.28%	0.03%
	RRC	B	0.01%	0.05%	0.01%
	RS	B	0.03%	0.38%	0.03%
	RSG	A	0.08%	0.4%	0.08%
	RVTY	D	0.03%	0.23%	0.03%
	SAIC	F	0.01%	0.08%	0.01%
	SAM	C	0.01%	0.24%	0.01%
	SCCO	F	0.02%	0.36%	0.02%
	SCI	A	0.02%	0.18%	0.02%
	SJM	D	0.02%	0.21%	0.02%
	SLM	B	0.01%	0.11%	0.01%
	SMG	C	0.01%	0.1%	0.01%
	SNX	C	0.02%	0.24%	0.02%
	SO	D	0.19%	0.37%	0.19%
	SON	D	0.01%	0.01%	0.01%
	SPB	C	0.0%	0.27%	0.0%
	SPG	C	0.1%	0.41%	0.1%
	SRE	A	0.1%	0.37%	0.1%
	SSNC	A	0.03%	0.04%	0.03%
	STAG	D	0.01%	0.23%	0.01%
	STE	F	0.04%	0.25%	0.04%
	STLD	B	0.04%	0.38%	0.04%
	STT	A	0.05%	0.13%	0.05%
	STWD	C	0.01%	0.18%	0.01%
	STZ	D	0.07%	0.31%	0.07%
	SWKS	F	0.03%	0.14%	0.03%
	SYF	A	0.04%	0.52%	0.04%
	SYK	C	0.25%	0.28%	0.25%
	SYY	C	0.07%	0.36%	0.07%
	T	A	0.31%	0.4%	0.31%
	TAP	C	0.02%	0.43%	0.02%
	TGT	F	0.13%	0.24%	0.13%
	THC	D	0.03%	0.4%	0.03%
	TJX	A	0.24%	0.34%	0.24%
	TKR	D	0.01%	0.19%	0.01%
	TMO	F	0.4%	0.15%	0.15%
	TMUS	A	0.21%	0.47%	0.21%
	TNL	A	0.01%	0.07%	0.01%
	TOL	A	0.03%	0.42%	0.03%
	TRGP	B	0.07%	0.5%	0.07%
	TSCO	C	0.05%	0.34%	0.05%
	TSN	B	0.03%	0.37%	0.03%
	UGI	A	0.01%	0.31%	0.01%
	UHS	D	0.02%	0.33%	0.02%
	UI	A	0.0%	0.17%	0.0%
	UNH	B	0.99%	0.34%	0.34%
	UNM	A	0.02%	0.51%	0.02%
	UNP	C	0.27%	0.27%	0.27%
	USB	A	0.14%	0.11%	0.11%
	USFD	A	0.03%	0.44%	0.03%
	UTHR	C	0.03%	0.42%	0.03%
	VICI	C	0.06%	0.33%	0.06%
	VIRT	B	0.0%	0.12%	0.0%
	VLO	C	0.08%	0.4%	0.08%
	VLTO	C	0.05%	0.04%	0.04%
	VRTX	D	0.23%	0.37%	0.23%
	VST	B	0.08%	0.64%	0.08%
	VTR	D	0.05%	0.25%	0.05%
	VTRS	B	0.03%	0.23%	0.03%
	VVV	F	0.01%	0.11%	0.01%
	VZ	B	0.34%	0.38%	0.34%
	WEC	A	0.06%	0.34%	0.06%
	WELL	C	0.16%	0.4%	0.16%
	WLK	D	0.01%	0.32%	0.01%
	WM	A	0.16%	0.41%	0.16%
	WMB	B	0.12%	0.41%	0.12%
	WPC	D	0.02%	0.21%	0.02%
	WRB	A	0.03%	0.12%	0.03%
	WSM	B	0.03%	0.31%	0.03%
	WST	C	0.04%	0.27%	0.04%
	WU	D	0.01%	0.11%	0.01%
	WY	D	0.04%	0.31%	0.04%
	X	C	0.02%	0.33%	0.02%
	XEL	A	0.07%	0.36%	0.07%
	XOM	C	1.0%	0.41%	0.41%
	ZTS	D	0.16%	0.27%	0.16%

VONE Overweight 623 Positions Relative to JPUS

	Symbol	Grade	Weight
	AMZN	C	3.3%
	GOOG	C	1.62%
	TSLA	B	1.32%
	JPM	B	1.21%
	V	A	0.87%
	MA	B	0.79%
	JNJ	D	0.74%
	COST	B	0.74%
	HD	A	0.74%
	WMT	B	0.68%
	NFLX	B	0.62%
	CRM	B	0.52%
	AMD	F	0.44%
	WFC	A	0.43%
	MCD	D	0.4%
	NOW	B	0.37%
	GE	D	0.36%
	TXN	D	0.35%
	DIS	B	0.34%
	ISRG	C	0.34%
	PFE	D	0.31%
	RTX	D	0.31%
	NEE	D	0.31%
	GS	B	0.31%
	SPGI	C	0.29%
	AXP	A	0.29%
	UBER	D	0.28%
	BLK	C	0.28%
	HON	B	0.26%
	MS	B	0.26%
	BSX	C	0.24%
	BX	B	0.23%
	ADP	B	0.23%
	C	A	0.23%
	FI	A	0.22%
	MU	D	0.21%
	SBUX	B	0.21%
	PANW	C	0.21%
	BA	D	0.2%
	SCHW	A	0.2%
	UPS	C	0.19%
	AMT	D	0.19%
	DE	B	0.19%
	KKR	B	0.18%
	ICE	D	0.17%
	INTC	C	0.17%
	GEV	C	0.16%
	PLTR	B	0.16%
	TT	B	0.16%
	SHW	A	0.16%
	EQIX	A	0.16%
	SNPS	B	0.15%
	CME	A	0.15%
	PYPL	A	0.15%
	MMM	D	0.14%
	CTAS	B	0.14%
	MCO	A	0.14%
	AON	A	0.14%
	PNC	A	0.14%
	CMG	B	0.14%
	CRWD	B	0.13%
	MRVL	B	0.13%
	APD	A	0.13%
	NOC	D	0.13%
	TDG	D	0.13%
	AJG	A	0.12%
	ADSK	B	0.12%
	EMR	A	0.12%
	FDX	B	0.12%
	BK	A	0.11%
	TRV	B	0.11%
	OKE	C	0.11%
	NSC	A	0.11%
	SPOT	B	0.11%
	GM	B	0.11%
	SLB	C	0.11%
	ROP	B	0.11%
	DLR	A	0.11%
	HLT	A	0.11%
	TFC	B	0.11%
	ABNB	C	0.11%
	MAR	A	0.11%
	FIS	D	0.1%
	JCI	C	0.1%
	O	D	0.1%
	TTD	B	0.1%
	URI	B	0.1%
	DASH	A	0.1%
	CPRT	A	0.09%
	PAYX	B	0.09%
	MET	A	0.09%
	LHX	C	0.09%
	FICO	B	0.09%
	NU	D	0.09%
	RCL	B	0.09%
	ALL	B	0.09%
	AIG	B	0.09%
	WDAY	C	0.09%
	FTNT	C	0.09%
	ODFL	B	0.08%
	OTIS	C	0.08%
	EW	C	0.08%
	SQ	B	0.08%
	HWM	B	0.08%
	AME	A	0.08%
	PCG	B	0.08%
	MSCI	C	0.08%
	APP	B	0.08%
	EXR	C	0.07%
	DD	D	0.07%
	HPQ	B	0.07%
	COIN	B	0.07%
	MPWR	F	0.07%
	LULU	C	0.07%
	GLW	B	0.07%
	MLM	B	0.07%
	SNOW	C	0.07%
	VMC	B	0.07%
	DAL	B	0.07%
	IQV	F	0.07%
	YUM	B	0.07%
	DDOG	A	0.07%
	HES	C	0.07%
	A	D	0.07%
	BKR	C	0.07%
	MSTR	C	0.07%
	IR	A	0.07%
	MCHP	F	0.07%
	VRT	B	0.07%
	VRSK	A	0.07%
	PPG	D	0.06%
	EBAY	C	0.06%
	XYL	D	0.06%
	CSGP	C	0.06%
	TEAM	B	0.06%
	CPNG	D	0.06%
	ON	C	0.06%
	AXON	B	0.06%
	NDAQ	A	0.06%
	ROK	B	0.06%
	ARES	B	0.06%
	VEEV	B	0.06%
	WTW	B	0.06%
	HUM	C	0.06%
	MTB	B	0.06%
	EFX	D	0.06%
	CNC	F	0.06%
	WAB	B	0.06%
	IDXX	F	0.06%
	DELL	C	0.06%
	ALNY	D	0.06%
	TROW	A	0.05%
	HAL	C	0.05%
	SBAC	D	0.05%
	DECK	A	0.05%
	BR	A	0.05%
	BRO	B	0.05%
	FTV	B	0.05%
	CDW	F	0.05%
	BIIB	F	0.05%
	TYL	A	0.05%
	UAL	B	0.05%
	KEYS	B	0.05%
	DOV	A	0.05%
	NET	B	0.05%
	GPN	C	0.05%
	SW	B	0.05%
	RBLX	C	0.05%
	CVNA	B	0.05%
	AWK	D	0.05%
	HUBS	B	0.05%
	MTD	F	0.05%
	ANSS	B	0.05%
	TTWO	B	0.05%
	RJF	A	0.05%
	DXCM	C	0.05%
	LVS	C	0.04%
	CNP	A	0.04%
	WAT	B	0.04%
	MDB	C	0.04%
	PINS	F	0.04%
	INVH	D	0.04%
	LII	A	0.04%
	ARE	D	0.04%
	ZBRA	A	0.04%
	TRU	D	0.04%
	OMC	C	0.04%
	MKL	A	0.04%
	ZM	B	0.04%
	WBD	C	0.04%
	EXPE	B	0.04%
	MKC	D	0.04%
	NTRS	A	0.04%
	EME	B	0.04%
	FSLR	F	0.04%
	TDY	B	0.04%
	LPLA	B	0.04%
	WDC	C	0.04%
	CINF	A	0.04%
	EQT	B	0.04%
	TPL	B	0.04%
	ZBH	C	0.04%
	CCL	B	0.04%
	PTC	A	0.04%
	CPAY	A	0.04%
	ILMN	C	0.04%
	ES	D	0.04%
	AEE	A	0.04%
	GDDY	B	0.04%
	DLTR	D	0.03%
	ROL	B	0.03%
	JKHY	D	0.03%
	TOST	B	0.03%
	EWBC	B	0.03%
	TWLO	B	0.03%
	FFIV	A	0.03%
	POOL	C	0.03%
	RNR	C	0.03%
	GGG	B	0.03%
	NTRA	B	0.03%
	JBL	C	0.03%
	FIX	A	0.03%
	UDR	B	0.03%
	NDSN	B	0.03%
	DOCU	A	0.03%
	ACM	A	0.03%
	SWK	D	0.03%
	L	B	0.03%
	DPZ	C	0.03%
	SMCI	D	0.03%
	TW	B	0.03%
	TRMB	B	0.03%
	EQH	B	0.03%
	VRSN	F	0.03%
	TXT	D	0.03%
	JBHT	C	0.03%
	XPO	B	0.03%
	GWRE	B	0.03%
	AKAM	F	0.03%
	NTNX	B	0.03%
	AVTR	F	0.03%
	LNT	A	0.03%
	RBA	B	0.03%
	PSTG	D	0.03%
	ALGN	D	0.03%
	APTV	F	0.03%
	HOOD	B	0.03%
	HEI	B	0.03%
	BURL	B	0.03%
	ENTG	D	0.03%
	DOC	C	0.03%
	EL	F	0.03%
	DT	C	0.03%
	GPC	D	0.03%
	MANH	C	0.03%
	AMCR	D	0.03%
	IBKR	B	0.03%
	DKNG	C	0.03%
	PODD	B	0.03%
	IEX	B	0.03%
	SUI	D	0.03%
	WSO	A	0.03%
	PNR	B	0.03%
	ZS	C	0.03%
	TER	F	0.03%
	EXPD	C	0.03%
	SNA	A	0.03%
	FDS	B	0.03%
	J	F	0.03%
	DG	F	0.03%
	MRNA	F	0.03%
	ULTA	F	0.03%
	BALL	D	0.03%
	BAX	F	0.03%
	LUV	B	0.03%
	LYV	A	0.03%
	CRBG	B	0.02%
	PCTY	B	0.02%
	TPX	A	0.02%
	PNFP	B	0.02%
	KNX	B	0.02%
	RL	B	0.02%
	FMC	D	0.02%
	BERY	B	0.02%
	VOYA	B	0.02%
	GMED	A	0.02%
	GME	C	0.02%
	CMA	A	0.02%
	TTC	D	0.02%
	RIVN	D	0.02%
	AXTA	A	0.02%
	SKX	D	0.02%
	WCC	B	0.02%
	PEN	C	0.02%
	LNW	D	0.02%
	MGM	F	0.02%
	WING	F	0.02%
	OLED	F	0.02%
	APA	F	0.02%
	GPK	C	0.02%
	CZR	D	0.02%
	DCI	A	0.02%
	WBS	B	0.02%
	ITCI	C	0.02%
	GLOB	B	0.02%
	NYT	C	0.02%
	MORN	A	0.02%
	LAD	B	0.02%
	HLI	A	0.02%
	KBR	F	0.02%
	AAL	B	0.02%
	WAL	B	0.02%
	LBRDK	C	0.02%
	HSIC	B	0.02%
	MTCH	F	0.02%
	Z	B	0.02%
	CRL	C	0.02%
	REXR	F	0.02%
	HAS	D	0.02%
	AYI	B	0.02%
	TKO	B	0.02%
	MUSA	B	0.02%
	GL	C	0.02%
	QGEN	D	0.02%
	TFX	F	0.02%
	PRI	A	0.02%
	FOXA	C	0.02%
	KNSL	B	0.02%
	FHN	B	0.02%
	EVR	B	0.02%
	EXEL	A	0.02%
	WTRG	B	0.02%
	ONTO	F	0.02%
	WWD	B	0.02%
	GNRC	B	0.02%
	CHDN	B	0.02%
	EHC	B	0.02%
	LKQ	D	0.02%
	ARMK	A	0.02%
	WYNN	D	0.02%
	CNH	A	0.02%
	SOLV	C	0.02%
	AIZ	B	0.02%
	AFRM	B	0.02%
	AA	A	0.02%
	SF	B	0.02%
	WMS	F	0.02%
	EPAM	C	0.02%
	CTLT	B	0.02%
	OVV	C	0.02%
	MKTX	D	0.02%
	RPRX	D	0.02%
	LECO	C	0.02%
	PAYC	A	0.02%
	DUOL	B	0.02%
	HEI	B	0.02%
	TPR	A	0.02%
	DAY	A	0.02%
	NWSA	B	0.02%
	FND	C	0.02%
	ATR	B	0.02%
	ENPH	F	0.02%
	CCK	D	0.02%
	NCLH	B	0.02%
	ALB	C	0.02%
	BJ	B	0.02%
	CG	B	0.02%
	RRX	A	0.02%
	BWXT	B	0.02%
	LW	C	0.02%
	OWL	B	0.02%
	BLD	C	0.02%
	KMX	B	0.02%
	SRPT	F	0.02%
	TECH	C	0.02%
	FTI	A	0.02%
	SOFI	B	0.02%
	OKTA	C	0.02%
	AES	F	0.02%
	INCY	C	0.02%
	CHRW	C	0.02%
	AMH	C	0.02%
	NBIX	C	0.02%
	ALLE	D	0.02%
	COHR	C	0.02%
	NVT	B	0.02%
	EXAS	F	0.02%
	BXP	D	0.02%
	BMRN	F	0.02%
	TXRH	A	0.02%
	ELS	C	0.02%
	CW	B	0.02%
	SAIA	C	0.02%
	TTEK	F	0.02%
	COLM	A	0.01%
	VAC	B	0.01%
	CACC	D	0.01%
	CLVT	F	0.01%
	CXT	B	0.01%
	CC	C	0.01%
	APLS	D	0.01%
	COTY	F	0.01%
	MPW	F	0.01%
	NWS	B	0.01%
	RNG	B	0.01%
	AMKR	F	0.01%
	BHF	B	0.01%
	PENN	C	0.01%
	MAN	D	0.01%
	AMED	F	0.01%
	YETI	C	0.01%
	NCNO	B	0.01%
	FHB	B	0.01%
	ZG	B	0.01%
	TDC	D	0.01%
	WEN	D	0.01%
	ZI	C	0.01%
	NVST	C	0.01%
	PRGO	C	0.01%
	BROS	B	0.01%
	DXC	B	0.01%
	PEGA	A	0.01%
	GFS	C	0.01%
	DNB	B	0.01%
	IAC	D	0.01%
	PII	F	0.01%
	NWL	A	0.01%
	SPR	D	0.01%
	KMPR	B	0.01%
	ACHC	F	0.01%
	W	D	0.01%
	CHH	A	0.01%
	GTES	A	0.01%
	AN	B	0.01%
	MSGS	B	0.01%
	EEFT	B	0.01%
	SLGN	A	0.01%
	LITE	B	0.01%
	WTM	A	0.01%
	APPF	B	0.01%
	OZK	B	0.01%
	RYN	C	0.01%
	AL	A	0.01%
	RH	B	0.01%
	LYFT	C	0.01%
	CUZ	B	0.01%
	BYD	B	0.01%
	RARE	F	0.01%
	XRAY	F	0.01%
	AVT	C	0.01%
	HCP	B	0.01%
	HXL	D	0.01%
	ROIV	B	0.01%
	CIVI	D	0.01%
	OGN	F	0.01%
	PSN	D	0.01%
	ST	F	0.01%
	DOCS	C	0.01%
	THO	B	0.01%
	SEE	C	0.01%
	KD	B	0.01%
	FIVE	D	0.01%
	FNB	B	0.01%
	CELH	F	0.01%
	JHG	A	0.01%
	THG	C	0.01%
	BC	C	0.01%
	LEA	F	0.01%
	FOX	B	0.01%
	PATH	C	0.01%
	FOUR	B	0.01%
	WHR	B	0.01%
	ELF	C	0.01%
	OLLI	C	0.01%
	PVH	C	0.01%
	SRCL	B	0.01%
	TPG	B	0.01%
	VNT	C	0.01%
	WFRD	F	0.01%
	INSP	D	0.01%
	COLB	B	0.01%
	AWI	B	0.01%
	LNC	B	0.01%
	BEN	C	0.01%
	U	C	0.01%
	ETSY	D	0.01%
	WSC	D	0.01%
	MDU	F	0.01%
	AXS	A	0.01%
	IONS	F	0.01%
	BILL	A	0.01%
	MSA	C	0.01%
	NOV	C	0.01%
	LFUS	D	0.01%
	SN	D	0.01%
	DAR	C	0.01%
	ALK	A	0.01%
	MTDR	C	0.01%
	MTN	C	0.01%
	FRPT	B	0.01%
	AGCO	D	0.01%
	AMG	B	0.01%
	VMI	A	0.01%
	PARA	C	0.01%
	MASI	A	0.01%
	MTSI	B	0.01%
	ELAN	F	0.01%
	AZEK	B	0.01%
	SITE	C	0.01%
	H	A	0.01%
	CFLT	B	0.01%
	IVZ	B	0.01%
	ARW	D	0.01%
	GTLB	C	0.01%
	BRKR	F	0.01%
	RLI	A	0.01%
	PB	B	0.01%
	CROX	F	0.01%
	BBWI	C	0.01%
	DBX	C	0.01%
	SIRI	C	0.01%
	FAF	B	0.01%
	ESTC	C	0.01%
	ATI	D	0.01%
	OSK	B	0.01%
	G	B	0.01%
	MKSI	C	0.01%
	JAZZ	B	0.01%
	RYAN	A	0.01%
	KEX	B	0.01%
	WBA	D	0.01%
	BSY	D	0.01%
	QRVO	F	0.01%
	FLS	A	0.01%
	MIDD	B	0.01%
	GXO	B	0.01%
	PLNT	B	0.01%
	FCN	D	0.01%
	UHAL	D	0.01%
	CGNX	C	0.01%
	PCOR	B	0.01%
	WH	A	0.01%
	MAT	D	0.01%
	BIO	D	0.01%
	AGNC	D	0.01%
	LSCC	D	0.01%
	ESAB	B	0.01%
	MHK	D	0.01%
	S	B	0.01%
	VFC	C	0.01%
	XP	F	0.01%
	VNO	B	0.01%
	ADC	B	0.01%
	WEX	F	0.01%
	SNV	B	0.01%
	CBSH	B	0.01%
	HII	F	0.01%
	COLD	F	0.01%
	ZION	B	0.01%
	CFR	B	0.01%
	AR	B	0.01%
	RGEN	D	0.01%
	WTFC	B	0.01%
	MTZ	B	0.01%
	TREX	C	0.01%
	BFAM	F	0.01%
	SEIC	A	0.01%
	SSD	C	0.01%
	VKTX	F	0.01%
	CR	B	0.01%
	CHRD	F	0.01%
	APG	B	0.01%
	BWA	C	0.01%
	SMAR	A	0.01%
	AAON	B	0.01%
	AMC	C	0.0%
	SEG	B	0.0%
	NFE	D	0.0%
	PLTK	B	0.0%
	UHAL	D	0.0%
	TFSL	B	0.0%
	UWMC	F	0.0%
	SEB	F	0.0%
	PYCR	C	0.0%
	CNA	B	0.0%
	DDS	B	0.0%
	UA	C	0.0%
	SNDR	B	0.0%
	CERT	D	0.0%
	LBRDA	C	0.0%
	GO	C	0.0%
	REYN	D	0.0%
	CAR	C	0.0%
	TXG	F	0.0%
	WOLF	F	0.0%
	TRIP	F	0.0%
	INFA	D	0.0%
	QS	F	0.0%
	BIRK	C	0.0%
	VSTS	C	0.0%
	PINC	B	0.0%
	UAA	C	0.0%
	DJT	C	0.0%
	CNXC	F	0.0%
	LCID	F	0.0%
	AAP	C	0.0%
	FIVN	C	0.0%
	ENOV	C	0.0%
	RCM	F	0.0%
	IPGP	D	0.0%
	SHC	F	0.0%
	RKT	F	0.0%
	HAYW	B	0.0%
	AZTA	D	0.0%
	CPRI	F	0.0%
	JWN	A	0.0%
	BOKF	B	0.0%
	HHH	B	0.0%
	ADTN	B	0.0%
	MP	A	0.0%
	DV	C	0.0%
	AGR	B	0.0%
	ALGM	D	0.0%

VONE Underweight 0 Positions Relative to JPUS

	Symbol	Grade	Weight

VONE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Business Services Asset Management Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Semiconductors Specialty Retail Oil & Gas E&P Capital Markets Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Aerospace & Defense Packaging & Containers Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electronics Bank Banking Real Estate Investment Trust Aerospace Chemical Electricity Mining Telecommunications Medicine Semiconductor Dow Jones Component Insurance Products Biotechnology Cloud Computing

JPUS: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Oil & Gas E&P Specialty Chemicals Banks - Regional - US Information Technology Services REIT - Industrial REIT - Retail Communication Equipment Credit Services Diagnostics & Research Drug Manufacturers - Major Household & Personal Products REIT - Diversified Semiconductors Specialty Retail Utilities - Diversified Beverages - Soft Drinks Building Materials Chemicals

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Real Estate Investment Trust Insurance Electronics Chemical Mining Dow Jones Component Medicine Bank Real Estate Market Telecommunications Banking Computing Petroleum Industry Plastic Alcohol Broadband