VONV vs. ACWI ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares MSCI ACWI Index Fund (ACWI)

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 1000® 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

$87.40

Average Daily Volume

373,185

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.86

Average Daily Volume

1,881,855

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

Performance

Period	VONV	ACWI
30 Days	5.25%	1.72%
60 Days	5.64%	0.85%
90 Days	7.59%	3.56%
12 Months	30.20%	25.70%

485 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in ACWI	Overlap
	A	D	0.15%	0.05%	0.05%
	ABBV	D	0.82%	0.38%	0.38%
	ABT	B	0.78%	0.26%	0.26%
	ACGL	D	0.14%	0.05%	0.05%
	ACI	C	0.03%	0.01%	0.01%
	ACM	A	0.06%	0.02%	0.02%
	ACN	B	0.87%	0.28%	0.28%
	ADI	D	0.44%	0.14%	0.14%
	ADM	F	0.11%	0.03%	0.03%
	ADP	B	0.03%	0.15%	0.03%
	AEE	A	0.09%	0.03%	0.03%
	AEP	D	0.21%	0.06%	0.06%
	AES	F	0.05%	0.01%	0.01%
	AFG	A	0.04%	0.01%	0.01%
	AFL	B	0.23%	0.08%	0.08%
	AGCO	D	0.02%	0.01%	0.01%
	AIG	B	0.2%	0.07%	0.07%
	AIZ	B	0.04%	0.02%	0.02%
	AJG	A	0.23%	0.08%	0.08%
	AKAM	F	0.06%	0.02%	0.02%
	ALB	C	0.04%	0.02%	0.02%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	B	0.17%	0.07%	0.07%
	ALLE	D	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.01%	0.01%
	ALNY	D	0.02%	0.04%	0.02%
	AMAT	F	0.05%	0.18%	0.05%
	AMCR	D	0.06%	0.02%	0.02%
	AMD	F	0.32%	0.29%	0.29%
	AME	A	0.17%	0.06%	0.06%
	AMGN	D	0.15%	0.19%	0.15%
	AMH	C	0.05%	0.02%	0.02%
	AMP	B	0.02%	0.07%	0.02%
	ANSS	B	0.11%	0.04%	0.04%
	AON	A	0.29%	0.1%	0.1%
	AOS	D	0.04%	0.01%	0.01%
	APA	F	0.03%	0.01%	0.01%
	APD	A	0.28%	0.09%	0.09%
	APH	B	0.13%	0.11%	0.11%
	APO	A	0.08%	0.09%	0.08%
	APTV	F	0.06%	0.02%	0.02%
	ARE	D	0.08%	0.02%	0.02%
	ATO	A	0.08%	0.03%	0.03%
	AVB	B	0.13%	0.04%	0.04%
	AVTR	F	0.06%	0.02%	0.02%
	AVY	D	0.04%	0.02%	0.02%
	AWK	D	0.11%	0.03%	0.03%
	AXP	A	0.38%	0.21%	0.21%
	AZO	C	0.02%	0.07%	0.02%
	BA	D	0.34%	0.14%	0.14%
	BAC	A	1.14%	0.42%	0.42%
	BALL	D	0.07%	0.02%	0.02%
	BAX	F	0.07%	0.02%	0.02%
	BBWI	C	0.03%	0.01%	0.01%
	BBY	D	0.08%	0.02%	0.02%
	BDX	F	0.27%	0.08%	0.08%
	BEN	C	0.02%	0.01%	0.01%
	BG	F	0.05%	0.02%	0.02%
	BIIB	F	0.1%	0.03%	0.03%
	BIO	D	0.03%	0.01%	0.01%
	BK	A	0.22%	0.07%	0.07%
	BKNG	B	0.04%	0.22%	0.04%
	BKR	C	0.15%	0.05%	0.05%
	BLDR	C	0.07%	0.03%	0.03%
	BLK	C	0.58%	0.19%	0.19%
	BMRN	F	0.05%	0.01%	0.01%
	BMY	B	0.45%	0.15%	0.15%
	BR	A	0.01%	0.04%	0.01%
	BRK.A	B	3.3%	0.79%	0.79%
	BRO	B	0.06%	0.03%	0.03%
	BSX	C	0.49%	0.17%	0.17%
	BXP	D	0.05%	0.01%	0.01%
	C	A	0.49%	0.17%	0.17%
	CAG	D	0.06%	0.02%	0.02%
	CAH	B	0.04%	0.04%	0.04%
	CARR	C	0.2%	0.08%	0.08%
	CAT	B	0.63%	0.24%	0.24%
	CB	D	0.46%	0.14%	0.14%
	CBOE	B	0.09%	0.03%	0.03%
	CBRE	B	0.16%	0.05%	0.05%
	CCI	D	0.19%	0.06%	0.06%
	CCK	D	0.04%	0.01%	0.01%
	CCL	B	0.09%	0.03%	0.03%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.04%	0.01%	0.01%
	CEG	D	0.28%	0.09%	0.09%
	CF	B	0.06%	0.02%	0.02%
	CFG	B	0.08%	0.03%	0.03%
	CG	B	0.04%	0.01%	0.01%
	CHD	B	0.1%	0.03%	0.03%
	CHRD	F	0.03%	0.01%	0.01%
	CHRW	C	0.05%	0.02%	0.02%
	CHTR	C	0.12%	0.05%	0.05%
	CI	D	0.32%	0.12%	0.12%
	CINF	A	0.09%	0.03%	0.03%
	CL	D	0.14%	0.09%	0.09%
	CMCSA	C	0.67%	0.21%	0.21%
	CME	A	0.32%	0.1%	0.1%
	CMI	A	0.18%	0.06%	0.06%
	CMS	C	0.08%	0.02%	0.02%
	CNC	F	0.13%	0.04%	0.04%
	CNH	A	0.04%	0.01%	0.01%
	CNP	A	0.07%	0.03%	0.03%
	COF	B	0.25%	0.09%	0.09%
	COIN	B	0.02%	0.08%	0.02%
	COP	D	0.51%	0.17%	0.17%
	CPB	D	0.04%	0.01%	0.01%
	CPRT	A	0.01%	0.06%	0.01%
	CPT	B	0.05%	0.02%	0.02%
	CRL	C	0.04%	0.01%	0.01%
	CRM	B	0.17%	0.4%	0.17%
	CSCO	A	0.89%	0.29%	0.29%
	CSGP	C	0.12%	0.04%	0.04%
	CSL	B	0.07%	0.03%	0.03%
	CSX	B	0.26%	0.09%	0.09%
	CTAS	B	0.01%	0.1%	0.01%
	CTLT	B	0.04%	0.01%	0.01%
	CTRA	B	0.07%	0.02%	0.02%
	CTSH	B	0.15%	0.05%	0.05%
	CTVA	B	0.17%	0.05%	0.05%
	CVS	D	0.29%	0.09%	0.09%
	CVX	B	1.03%	0.36%	0.36%
	D	C	0.2%	0.06%	0.06%
	DAL	B	0.15%	0.01%	0.01%
	DASH	A	0.03%	0.07%	0.03%
	DAY	A	0.04%	0.01%	0.01%
	DD	D	0.14%	0.04%	0.04%
	DE	B	0.41%	0.13%	0.13%
	DELL	C	0.11%	0.05%	0.05%
	DFS	B	0.15%	0.06%	0.06%
	DG	F	0.07%	0.02%	0.02%
	DGX	B	0.07%	0.02%	0.02%
	DHI	D	0.2%	0.06%	0.06%
	DHR	D	0.63%	0.2%	0.2%
	DINO	F	0.02%	0.01%	0.01%
	DIS	B	0.71%	0.26%	0.26%
	DKS	C	0.04%	0.02%	0.02%
	DLR	A	0.23%	0.08%	0.08%
	DLTR	D	0.05%	0.02%	0.02%
	DOC	C	0.06%	0.02%	0.02%
	DOV	A	0.1%	0.04%	0.04%
	DOW	F	0.14%	0.04%	0.04%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.1%	0.03%	0.03%
	DUK	C	0.36%	0.11%	0.11%
	DVN	F	0.1%	0.03%	0.03%
	EA	C	0.16%	0.05%	0.05%
	EBAY	C	0.12%	0.04%	0.04%
	ECL	D	0.03%	0.08%	0.03%
	ED	D	0.14%	0.04%	0.04%
	EFX	D	0.1%	0.04%	0.04%
	EG	C	0.05%	0.02%	0.02%
	EIX	A	0.13%	0.04%	0.04%
	EL	F	0.04%	0.02%	0.02%
	ELS	C	0.05%	0.02%	0.02%
	ELV	F	0.32%	0.12%	0.12%
	EME	B	0.05%	0.03%	0.03%
	EMN	D	0.05%	0.01%	0.01%
	EMR	A	0.25%	0.09%	0.09%
	EOG	C	0.28%	0.1%	0.1%
	EPAM	C	0.04%	0.02%	0.02%
	EQIX	A	0.33%	0.11%	0.11%
	EQR	B	0.11%	0.03%	0.03%
	EQT	B	0.08%	0.03%	0.03%
	ES	D	0.09%	0.03%	0.03%
	ESS	B	0.07%	0.02%	0.02%
	ETN	A	0.53%	0.19%	0.19%
	ETR	B	0.13%	0.04%	0.04%
	EVRG	A	0.05%	0.02%	0.02%
	EW	C	0.13%	0.05%	0.05%
	EXAS	F	0.03%	0.01%	0.01%
	EXC	D	0.16%	0.05%	0.05%
	EXPD	C	0.06%	0.02%	0.02%
	EXR	C	0.14%	0.05%	0.05%
	F	C	0.16%	0.05%	0.05%
	FANG	F	0.13%	0.04%	0.04%
	FAST	B	0.03%	0.06%	0.03%
	FBIN	D	0.04%	0.01%	0.01%
	FCNCA	B	0.09%	0.03%	0.03%
	FCX	F	0.26%	0.08%	0.08%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.25%	0.09%	0.09%
	FE	D	0.1%	0.03%	0.03%
	FFIV	A	0.05%	0.02%	0.02%
	FI	A	0.31%	0.16%	0.16%
	FICO	B	0.03%	0.07%	0.03%
	FIS	D	0.2%	0.06%	0.06%
	FITB	B	0.12%	0.04%	0.04%
	FNF	B	0.06%	0.02%	0.02%
	FOX	B	0.02%	0.01%	0.01%
	FOXA	C	0.04%	0.01%	0.01%
	FSLR	F	0.08%	0.02%	0.02%
	FTNT	C	0.04%	0.07%	0.04%
	FTV	B	0.1%	0.03%	0.03%
	GD	F	0.32%	0.08%	0.08%
	GE	D	0.59%	0.25%	0.25%
	GEHC	F	0.14%	0.04%	0.04%
	GEN	A	0.06%	0.02%	0.02%
	GEV	C	0.33%	0.12%	0.12%
	GGG	B	0.05%	0.02%	0.02%
	GILD	B	0.44%	0.14%	0.14%
	GIS	D	0.15%	0.04%	0.04%
	GLPI	B	0.05%	0.02%	0.02%
	GLW	B	0.15%	0.05%	0.05%
	GM	B	0.23%	0.08%	0.08%
	GPC	D	0.06%	0.02%	0.02%
	GPN	C	0.11%	0.04%	0.04%
	GRMN	A	0.12%	0.04%	0.04%
	GS	B	0.48%	0.24%	0.24%
	GWW	A	0.02%	0.07%	0.02%
	H	A	0.02%	0.01%	0.01%
	HAL	C	0.1%	0.03%	0.03%
	HBAN	B	0.09%	0.03%	0.03%
	HCA	F	0.2%	0.09%	0.09%
	HD	A	0.32%	0.52%	0.32%
	HES	C	0.05%	0.05%	0.05%
	HIG	B	0.13%	0.05%	0.05%
	HII	F	0.03%	0.01%	0.01%
	HLT	A	0.11%	0.08%	0.08%
	HOLX	D	0.07%	0.02%	0.02%
	HON	B	0.45%	0.19%	0.19%
	HOOD	B	0.06%	0.02%	0.02%
	HPE	B	0.1%	0.03%	0.03%
	HPQ	B	0.11%	0.05%	0.05%
	HRL	D	0.04%	0.01%	0.01%
	HSIC	B	0.04%	0.01%	0.01%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.09%	0.03%	0.03%
	HUBB	B	0.09%	0.03%	0.03%
	HUM	C	0.12%	0.04%	0.04%
	HWM	B	0.15%	0.06%	0.06%
	IBM	C	0.76%	0.24%	0.24%
	ICE	D	0.35%	0.11%	0.11%
	IEX	B	0.07%	0.02%	0.02%
	IFF	D	0.1%	0.03%	0.03%
	ILMN	C	0.09%	0.03%	0.03%
	INCY	C	0.04%	0.01%	0.01%
	INTC	C	0.37%	0.13%	0.13%
	INVH	D	0.08%	0.03%	0.03%
	IP	B	0.08%	0.02%	0.02%
	IPG	C	0.04%	0.01%	0.01%
	IQV	F	0.13%	0.04%	0.04%
	IR	A	0.15%	0.05%	0.05%
	IRM	C	0.06%	0.04%	0.04%
	ITW	A	0.19%	0.1%	0.1%
	J	F	0.07%	0.02%	0.02%
	JBHT	C	0.06%	0.02%	0.02%
	JBL	C	0.05%	0.02%	0.02%
	JCI	C	0.17%	0.07%	0.07%
	JKHY	D	0.05%	0.02%	0.02%
	JNJ	D	1.54%	0.47%	0.47%
	JNPR	F	0.05%	0.01%	0.01%
	JPM	B	2.55%	0.89%	0.89%
	K	A	0.08%	0.03%	0.03%
	KDP	D	0.15%	0.05%	0.05%
	KEY	A	0.06%	0.02%	0.02%
	KEYS	B	0.1%	0.03%	0.03%
	KHC	D	0.12%	0.03%	0.03%
	KIM	A	0.06%	0.02%	0.02%
	KKR	B	0.27%	0.12%	0.12%
	KMB	C	0.11%	0.06%	0.06%
	KMI	B	0.19%	0.07%	0.07%
	KMX	B	0.04%	0.02%	0.02%
	KNX	B	0.03%	0.01%	0.01%
	KO	D	0.43%	0.33%	0.33%
	KR	A	0.15%	0.05%	0.05%
	KVUE	A	0.18%	0.06%	0.06%
	L	B	0.06%	0.02%	0.02%
	LDOS	D	0.1%	0.03%	0.03%
	LEN	C	0.16%	0.05%	0.05%
	LEN	C	0.01%	0.05%	0.01%
	LH	B	0.08%	0.03%	0.03%
	LHX	C	0.19%	0.06%	0.06%
	LIN	D	0.88%	0.27%	0.27%
	LKQ	D	0.04%	0.01%	0.01%
	LMT	D	0.32%	0.15%	0.15%
	LNG	B	0.09%	0.07%	0.07%
	LNT	A	0.06%	0.02%	0.02%
	LOW	C	0.6%	0.19%	0.19%
	LUV	B	0.07%	0.01%	0.01%
	LW	C	0.03%	0.01%	0.01%
	LYB	F	0.09%	0.03%	0.03%
	MAA	B	0.07%	0.02%	0.02%
	MAR	A	0.24%	0.09%	0.09%
	MAS	C	0.07%	0.02%	0.02%
	MCD	D	0.79%	0.27%	0.27%
	MCHP	F	0.16%	0.04%	0.04%
	MCK	C	0.15%	0.1%	0.1%
	MDLZ	F	0.37%	0.11%	0.11%
	MDT	D	0.46%	0.14%	0.14%
	MET	A	0.18%	0.07%	0.07%
	MGM	F	0.03%	0.01%	0.01%
	MKC	D	0.08%	0.02%	0.02%
	MKL	A	0.06%	0.03%	0.03%
	MKTX	D	0.04%	0.01%	0.01%
	MLM	B	0.14%	0.05%	0.05%
	MMC	A	0.37%	0.14%	0.14%
	MMM	D	0.23%	0.09%	0.09%
	MNST	B	0.03%	0.05%	0.03%
	MO	A	0.37%	0.12%	0.12%
	MOH	F	0.03%	0.02%	0.02%
	MOS	F	0.03%	0.01%	0.01%
	MPC	F	0.21%	0.07%	0.07%
	MRNA	F	0.07%	0.02%	0.02%
	MRO	B	0.06%	0.02%	0.02%
	MRVL	B	0.25%	0.1%	0.1%
	MS	B	0.51%	0.21%	0.21%
	MSCI	C	0.07%	0.06%	0.06%
	MSI	C	0.16%	0.1%	0.1%
	MSTR	C	0.14%	0.09%	0.09%
	MTB	B	0.13%	0.05%	0.05%
	MTCH	F	0.04%	0.01%	0.01%
	MTD	F	0.11%	0.03%	0.03%
	MU	D	0.44%	0.14%	0.14%
	NDAQ	A	0.12%	0.04%	0.04%
	NDSN	B	0.06%	0.02%	0.02%
	NEE	D	0.65%	0.2%	0.2%
	NEM	F	0.21%	0.06%	0.06%
	NI	A	0.06%	0.02%	0.02%
	NKE	F	0.14%	0.11%	0.11%
	NOC	D	0.28%	0.09%	0.09%
	NRG	C	0.04%	0.03%	0.03%
	NSC	A	0.23%	0.07%	0.07%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.08%	0.03%	0.03%
	NUE	D	0.14%	0.04%	0.04%
	NVR	D	0.1%	0.04%	0.04%
	NWSA	B	0.04%	0.01%	0.01%
	O	D	0.21%	0.06%	0.06%
	OC	B	0.06%	0.02%	0.02%
	OKE	C	0.23%	0.08%	0.08%
	OKTA	C	0.03%	0.02%	0.02%
	OMC	C	0.08%	0.03%	0.03%
	ON	C	0.12%	0.04%	0.04%
	ORLY	B	0.02%	0.09%	0.02%
	OTIS	C	0.16%	0.05%	0.05%
	OVV	C	0.04%	0.01%	0.01%
	OXY	F	0.13%	0.04%	0.04%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	A	0.02%	0.01%	0.01%
	PAYX	B	0.11%	0.06%	0.06%
	PCAR	B	0.21%	0.07%	0.07%
	PCG	B	0.17%	0.05%	0.05%
	PEG	A	0.18%	0.06%	0.06%
	PEP	F	0.19%	0.27%	0.19%
	PFE	D	0.64%	0.18%	0.18%
	PFG	C	0.08%	0.03%	0.03%
	PG	A	1.21%	0.51%	0.51%
	PGR	A	0.09%	0.19%	0.09%
	PH	A	0.32%	0.11%	0.11%
	PHM	C	0.11%	0.04%	0.04%
	PKG	B	0.08%	0.03%	0.03%
	PLD	D	0.42%	0.14%	0.14%
	PM	B	0.83%	0.25%	0.25%
	PNC	A	0.3%	0.1%	0.1%
	PNR	B	0.07%	0.02%	0.02%
	PPG	D	0.12%	0.04%	0.04%
	PPL	B	0.1%	0.03%	0.03%
	PRU	A	0.18%	0.06%	0.06%
	PSA	C	0.18%	0.07%	0.07%
	PSTG	D	0.01%	0.02%	0.01%
	PSX	C	0.2%	0.07%	0.07%
	PTC	A	0.03%	0.03%	0.03%
	PWR	A	0.12%	0.06%	0.06%
	PYPL	A	0.32%	0.11%	0.11%
	QCOM	F	0.05%	0.23%	0.05%
	QRVO	F	0.03%	0.01%	0.01%
	RCL	B	0.13%	0.07%	0.07%
	REG	B	0.05%	0.02%	0.02%
	REGN	F	0.32%	0.1%	0.1%
	RF	B	0.09%	0.03%	0.03%
	RIVN	D	0.03%	0.01%	0.01%
	RJF	A	0.11%	0.04%	0.04%
	RMD	C	0.1%	0.04%	0.04%
	ROK	B	0.11%	0.04%	0.04%
	ROKU	D	0.03%	0.01%	0.01%
	ROP	B	0.23%	0.08%	0.08%
	ROST	C	0.14%	0.06%	0.06%
	RPM	A	0.05%	0.02%	0.02%
	RPRX	D	0.04%	0.01%	0.01%
	RS	B	0.07%	0.02%	0.02%
	RSG	A	0.16%	0.06%	0.06%
	RTX	D	0.64%	0.2%	0.2%
	RVTY	D	0.06%	0.02%	0.02%
	SBAC	D	0.1%	0.03%	0.03%
	SBUX	B	0.1%	0.14%	0.1%
	SCHW	A	0.38%	0.15%	0.15%
	SEIC	A	0.03%	0.01%	0.01%
	SHW	A	0.03%	0.11%	0.03%
	SJM	D	0.05%	0.01%	0.01%
	SLB	C	0.23%	0.08%	0.08%
	SNA	A	0.07%	0.03%	0.03%
	SO	D	0.4%	0.12%	0.12%
	SOLV	C	0.04%	0.01%	0.01%
	SPG	C	0.16%	0.08%	0.08%
	SPGI	C	0.6%	0.21%	0.21%
	SQ	B	0.09%	0.06%	0.06%
	SRE	A	0.21%	0.08%	0.08%
	SSNC	A	0.06%	0.02%	0.02%
	STE	F	0.09%	0.03%	0.03%
	STLD	B	0.08%	0.03%	0.03%
	STT	A	0.11%	0.04%	0.04%
	STZ	D	0.15%	0.05%	0.05%
	SUI	D	0.07%	0.02%	0.02%
	SW	B	0.11%	0.04%	0.04%
	SWK	D	0.06%	0.02%	0.02%
	SWKS	F	0.06%	0.02%	0.02%
	SYF	A	0.09%	0.03%	0.03%
	SYK	C	0.36%	0.17%	0.17%
	SYY	C	0.06%	0.05%	0.05%
	T	A	0.65%	0.21%	0.21%
	TAP	C	0.04%	0.01%	0.01%
	TDG	D	0.23%	0.09%	0.09%
	TDY	B	0.08%	0.03%	0.03%
	TECH	C	0.05%	0.01%	0.01%
	TER	F	0.01%	0.02%	0.01%
	TFC	B	0.23%	0.08%	0.08%
	TFX	F	0.04%	0.01%	0.01%
	TGT	F	0.28%	0.09%	0.09%
	TJX	A	0.21%	0.17%	0.17%
	TMO	F	0.84%	0.25%	0.25%
	TMUS	A	0.43%	0.16%	0.16%
	TRMB	B	0.06%	0.02%	0.02%
	TROW	A	0.1%	0.03%	0.03%
	TRU	D	0.07%	0.02%	0.02%
	TRV	B	0.22%	0.07%	0.07%
	TSN	B	0.07%	0.02%	0.02%
	TT	B	0.22%	0.12%	0.12%
	TTC	D	0.03%	0.01%	0.01%
	TTWO	B	0.11%	0.04%	0.04%
	TW	B	0.04%	0.02%	0.02%
	TWLO	B	0.04%	0.02%	0.02%
	TXN	D	0.65%	0.23%	0.23%
	TXT	D	0.06%	0.02%	0.02%
	TYL	A	0.02%	0.03%	0.02%
	UDR	B	0.06%	0.02%	0.02%
	UHAL	D	0.02%	0.01%	0.01%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.05%	0.02%	0.02%
	ULTA	F	0.01%	0.02%	0.01%
	UNH	B	1.94%	0.68%	0.68%
	UNP	C	0.3%	0.18%	0.18%
	UPS	C	0.39%	0.12%	0.12%
	URI	B	0.16%	0.07%	0.07%
	USB	A	0.3%	0.1%	0.1%
	UTHR	C	0.07%	0.02%	0.02%
	VICI	C	0.13%	0.04%	0.04%
	VLO	C	0.17%	0.06%	0.06%
	VLTO	C	0.06%	0.03%	0.03%
	VMC	B	0.11%	0.05%	0.05%
	VRSN	F	0.06%	0.02%	0.02%
	VRTX	D	0.25%	0.15%	0.15%
	VTR	D	0.11%	0.03%	0.03%
	VTRS	B	0.06%	0.02%	0.02%
	VZ	B	0.71%	0.22%	0.22%
	WAB	B	0.13%	0.04%	0.04%
	WAT	B	0.03%	0.03%	0.03%
	WBA	D	0.03%	0.01%	0.01%
	WBD	C	0.08%	0.03%	0.03%
	WDC	C	0.09%	0.03%	0.03%
	WEC	A	0.12%	0.04%	0.04%
	WELL	C	0.33%	0.11%	0.11%
	WFC	A	0.91%	0.33%	0.33%
	WLK	D	0.02%	0.01%	0.01%
	WMB	B	0.25%	0.09%	0.09%
	WMT	B	1.42%	0.49%	0.49%
	WPC	D	0.05%	0.02%	0.02%
	WRB	A	0.07%	0.02%	0.02%
	WSM	B	0.03%	0.02%	0.02%
	WSO	A	0.07%	0.02%	0.02%
	WST	C	0.04%	0.03%	0.03%
	WTRG	B	0.04%	0.01%	0.01%
	WTW	B	0.12%	0.04%	0.04%
	WY	D	0.09%	0.03%	0.03%
	WYNN	D	0.04%	0.01%	0.01%
	XEL	A	0.15%	0.05%	0.05%
	XOM	C	2.1%	0.68%	0.68%
	XYL	D	0.12%	0.04%	0.04%
	YUM	B	0.09%	0.05%	0.05%
	Z	B	0.03%	0.02%	0.02%
	ZBH	C	0.09%	0.03%	0.03%
	ZBRA	A	0.06%	0.02%	0.02%
	ZM	B	0.08%	0.02%	0.02%
	ZTS	D	0.06%	0.1%	0.06%

VONV Overweight 357 Positions Relative to ACWI

	Symbol	Grade	Weight
	UAL	B	0.1%
	CVNA	B	0.07%
	RGA	A	0.06%
	USFD	A	0.06%
	THC	D	0.06%
	TOL	A	0.06%
	RBA	B	0.06%
	IBKR	B	0.06%
	FTI	A	0.05%
	ITT	A	0.05%
	SCI	A	0.05%
	CLH	B	0.05%
	UNM	A	0.05%
	CASY	B	0.05%
	CACI	D	0.05%
	COHR	C	0.05%
	NVT	B	0.05%
	CW	B	0.05%
	RNR	C	0.05%
	EWBC	B	0.05%
	DTM	B	0.04%
	FYBR	D	0.04%
	DCI	A	0.04%
	BWXT	B	0.04%
	WBS	B	0.04%
	JLL	B	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	LAD	B	0.04%
	FRT	A	0.04%
	CIEN	B	0.04%
	REXR	F	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	C	0.04%
	QGEN	D	0.04%
	FHN	B	0.04%
	EVR	B	0.04%
	PRI	A	0.04%
	RGLD	D	0.04%
	SOFI	B	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	A	0.04%
	PNW	B	0.04%
	AA	A	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	BLD	C	0.04%
	SF	B	0.04%
	OHI	D	0.04%
	PFGC	A	0.04%
	CUBE	D	0.04%
	NTNX	B	0.04%
	TPR	A	0.04%
	RRX	A	0.04%
	ATR	B	0.04%
	BJ	B	0.04%
	LSTR	B	0.03%
	MKSI	C	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	IVZ	B	0.03%
	WEX	F	0.03%
	XP	F	0.03%
	FAF	B	0.03%
	RGEN	D	0.03%
	MTG	B	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	WMS	F	0.03%
	BFAM	F	0.03%
	CGNX	C	0.03%
	PB	B	0.03%
	OSK	B	0.03%
	KEX	B	0.03%
	HRB	D	0.03%
	G	B	0.03%
	STAG	D	0.03%
	JAZZ	B	0.03%
	COKE	C	0.03%
	RHI	C	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	FND	C	0.03%
	MIDD	B	0.03%
	SSD	C	0.03%
	FR	C	0.03%
	FLS	A	0.03%
	ESAB	B	0.03%
	GNTX	C	0.03%
	PR	C	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	LBRDK	C	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	ONTO	F	0.03%
	VFC	C	0.03%
	VNO	B	0.03%
	COLD	F	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	CBSH	B	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	AR	B	0.03%
	WTFC	B	0.03%
	BWA	C	0.03%
	LECO	C	0.03%
	CR	B	0.03%
	MTZ	B	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RL	B	0.03%
	RBC	B	0.03%
	TKO	B	0.03%
	OGE	A	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BERY	B	0.03%
	BRX	A	0.03%
	FMC	D	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	AAL	B	0.03%
	KBR	F	0.03%
	HLI	A	0.03%
	GMED	A	0.03%
	EGP	D	0.03%
	GWRE	B	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	CMA	A	0.03%
	BRBR	B	0.03%
	LAMR	C	0.03%
	CZR	D	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	KMPR	B	0.02%
	MSGS	B	0.02%
	RH	B	0.02%
	HOG	F	0.02%
	ACHC	F	0.02%
	AN	B	0.02%
	SITE	C	0.02%
	GTES	A	0.02%
	W	D	0.02%
	AWI	B	0.02%
	CLF	F	0.02%
	FLO	C	0.02%
	OLED	F	0.02%
	GAP	C	0.02%
	M	D	0.02%
	FRPT	B	0.02%
	ASH	F	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	TPG	B	0.02%
	DBX	C	0.02%
	AGO	A	0.02%
	WSC	D	0.02%
	WTM	A	0.02%
	BILL	A	0.02%
	RYN	C	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	AL	A	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	DOCS	C	0.02%
	SLM	B	0.02%
	BYD	B	0.02%
	HXL	D	0.02%
	OLN	F	0.02%
	AVT	C	0.02%
	OGN	F	0.02%
	SN	D	0.02%
	ROIV	B	0.02%
	PSN	D	0.02%
	GNRC	B	0.02%
	SEE	C	0.02%
	UGI	A	0.02%
	ZG	B	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	B	0.02%
	KD	B	0.02%
	IDA	B	0.02%
	CROX	F	0.02%
	THO	B	0.02%
	THG	C	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	B	0.02%
	SAIA	C	0.02%
	BC	C	0.02%
	LEA	F	0.02%
	PVH	C	0.02%
	WHR	B	0.02%
	NFG	B	0.02%
	OMF	A	0.02%
	OLLI	C	0.02%
	MTDR	C	0.02%
	BPOP	B	0.02%
	SRCL	B	0.02%
	VNT	C	0.02%
	MDU	F	0.02%
	CRUS	F	0.02%
	LNC	B	0.02%
	S	B	0.02%
	COLB	B	0.02%
	LFUS	D	0.02%
	ALK	A	0.02%
	ESI	B	0.02%
	AXS	A	0.02%
	RLI	A	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	C	0.02%
	STWD	C	0.02%
	WH	A	0.02%
	DAR	C	0.02%
	VMI	A	0.02%
	ELAN	F	0.02%
	R	B	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	FTRE	C	0.01%
	GO	C	0.01%
	LYFT	C	0.01%
	REYN	D	0.01%
	EXEL	A	0.01%
	LEG	D	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	WEN	D	0.01%
	INFA	D	0.01%
	VSTS	C	0.01%
	BIRK	C	0.01%
	PPC	C	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	B	0.01%
	LPX	B	0.01%
	CRI	F	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	KSS	F	0.01%
	SAM	C	0.01%
	ETSY	D	0.01%
	YETI	C	0.01%
	AAP	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	F	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	A	0.01%
	ADTN	B	0.01%
	EXP	B	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	A	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	A	0.01%
	LOPE	B	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	AMKR	F	0.01%
	PK	B	0.01%
	NSA	C	0.01%
	CNM	D	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	WU	D	0.01%
	AM	B	0.01%
	AMED	F	0.01%
	IRDM	C	0.01%
	PLNT	B	0.01%
	FHB	B	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	U	C	0.01%
	NXST	C	0.01%
	NWS	B	0.01%
	EPR	D	0.01%
	ZI	C	0.01%
	PRGO	C	0.01%
	HIW	D	0.01%
	CIVI	D	0.01%
	DXC	B	0.01%
	IAC	D	0.01%
	NEU	C	0.01%
	PII	F	0.01%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	C	0.01%
	DNB	B	0.01%
	HUN	F	0.01%
	NWL	A	0.01%
	SMG	C	0.01%
	UWMC	F	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	B	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	PATH	C	0.0%
	CWEN	C	0.0%
	DJT	C	0.0%
	CAR	C	0.0%
	LSCC	D	0.0%
	PYCR	C	0.0%
	MTN	C	0.0%
	HCP	B	0.0%
	FIVE	D	0.0%
	CNA	B	0.0%
	DV	C	0.0%
	DDS	B	0.0%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	D	0.0%

VONV Underweight 133 Positions Relative to ACWI

	Symbol	Grade	Weight
	NVDA	C	-4.62%
	AAPL	B	-4.24%
	MSFT	D	-3.76%
	AMZN	C	-2.45%
	META	D	-1.57%
	GOOGL	C	-1.34%
	TSLA	B	-1.27%
	GOOG	C	-1.16%
	AVGO	D	-0.93%
	LLY	F	-0.75%
	V	A	-0.63%
	MA	B	-0.55%
	COST	B	-0.53%
	NFLX	B	-0.48%
	ORCL	C	-0.4%
	MRK	F	-0.31%
	ADBE	C	-0.28%
	NOW	B	-0.27%
	ISRG	C	-0.24%
	INTU	C	-0.23%
	TM	D	-0.23%
	BABA	D	-0.21%
	UBER	D	-0.17%
	MUFG	B	-0.17%
	BX	B	-0.17%
	PANW	C	-0.16%
	PLTR	B	-0.16%
	SONY	B	-0.15%
	ANET	C	-0.13%
	LRCX	F	-0.12%
	AMT	D	-0.12%
	KLAC	F	-0.11%
	CDNS	B	-0.11%
	MELI	C	-0.11%
	WM	A	-0.11%
	HDB	A	-0.11%
	SMFG	A	-0.11%
	MCO	A	-0.1%
	IBN	B	-0.1%
	CMG	B	-0.1%
	SNPS	B	-0.1%
	CRWD	B	-0.1%
	CRH	A	-0.09%
	ADSK	B	-0.08%
	APP	B	-0.08%
	TTD	B	-0.07%
	WDAY	C	-0.07%
	VST	B	-0.07%
	NXPI	D	-0.07%
	ABNB	C	-0.07%
	MFG	B	-0.07%
	AXON	B	-0.06%
	TEL	B	-0.06%
	FLUT	A	-0.06%
	WCN	A	-0.06%
	VRT	B	-0.06%
	DDOG	A	-0.05%
	TEAM	B	-0.05%
	SNOW	C	-0.05%
	IT	C	-0.05%
	VRSK	A	-0.05%
	HMC	F	-0.05%
	FERG	B	-0.05%
	TRGP	B	-0.05%
	ODFL	B	-0.05%
	COR	C	-0.05%
	TPL	B	-0.04%
	MPWR	F	-0.04%
	NET	B	-0.04%
	TSCO	C	-0.04%
	DXCM	C	-0.04%
	VEEV	B	-0.04%
	ARES	B	-0.04%
	HUBS	B	-0.04%
	TCOM	B	-0.04%
	IDXX	F	-0.04%
	LULU	C	-0.04%
	STX	D	-0.03%
	CLX	C	-0.03%
	COO	D	-0.03%
	LII	A	-0.03%
	MDB	C	-0.03%
	LYV	A	-0.03%
	LPLA	B	-0.03%
	EXPE	B	-0.03%
	BIDU	F	-0.03%
	RBLX	C	-0.03%
	CPAY	A	-0.03%
	GDDY	B	-0.03%
	DECK	A	-0.03%
	HEI	B	-0.02%
	DT	C	-0.02%
	CHT	C	-0.02%
	POOL	C	-0.02%
	LI	F	-0.02%
	ROL	B	-0.02%
	TOST	B	-0.02%
	SMCI	D	-0.02%
	ENTG	D	-0.02%
	HEI	B	-0.02%
	FWONK	A	-0.02%
	UMC	F	-0.02%
	DOCU	A	-0.02%
	MANH	C	-0.02%
	LVS	C	-0.02%
	BURL	B	-0.02%
	YUMC	B	-0.02%
	PINS	F	-0.02%
	EQH	B	-0.02%
	DKNG	C	-0.02%
	NMR	B	-0.02%
	BAH	F	-0.02%
	PODD	B	-0.02%
	ZS	C	-0.02%
	EXE	B	-0.02%
	CELH	F	-0.01%
	MBAVU	D	-0.01%
	BILI	D	-0.01%
	NIO	F	-0.01%
	AZPN	A	-0.01%
	XPEV	C	-0.01%
	BSY	D	-0.01%
	TME	F	-0.01%
	WIT	A	-0.01%
	ENPH	F	-0.01%
	DVA	B	-0.01%
	NLY	B	-0.01%
	BGNE	D	-0.01%
	IOT	B	-0.01%
	ERIE	D	-0.01%
	SNAP	C	-0.01%
	NBIX	C	-0.01%
	MNSO	F	-0.0%

VONV: Top Represented Industries & Keywords

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

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

ACWI: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Specialty Retail Capital Markets Software - Infrastructure Biotechnology Internet Content & Information Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Auto Manufacturers Drug Manufacturers - Major Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Telecommunications Bank Chemical Aerospace Real Estate Investment Trust Banking Medicine Semiconductor Cloud Computing Transport Mining IBD 50