VONV vs. DFVX ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Dimensional US Large Cap Vector ETF (DFVX)

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

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

DFVX

Dimensional US Large Cap Vector ETF

DFVX Description

The advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. The portfolio is designed to purchase a broad and diverse group of readily marketable securities of U.S. large cap companies that the advisor determines to have higher profitability and lower relative price as compared to other U.S. large cap companies at the time of purchase. As a non-fundamental policy, under normal circumstances, the portfolio will invest at least 80% of its net assets in equity securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$67.99

Average Daily Volume

14,879

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

Performance

Period	VONV	DFVX
30 Days	3.51%	3.63%
60 Days	4.96%	4.02%
90 Days	7.00%	6.22%
12 Months	29.73%	28.45%

283 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in DFVX	Overlap
	A	D	0.15%	0.19%	0.15%
	ABBV	D	0.82%	0.66%	0.66%
	ABT	B	0.78%	0.57%	0.57%
	ACGL	D	0.14%	0.14%	0.14%
	ACI	C	0.03%	0.0%	0.0%
	ACM	A	0.06%	0.02%	0.02%
	ACN	C	0.87%	0.7%	0.7%
	ADI	D	0.44%	0.23%	0.23%
	ADP	B	0.03%	0.59%	0.03%
	AFG	A	0.04%	0.01%	0.01%
	AFL	B	0.23%	0.09%	0.09%
	AIG	B	0.2%	0.28%	0.2%
	AJG	B	0.23%	0.18%	0.18%
	AKAM	D	0.06%	0.09%	0.06%
	ALGN	D	0.03%	0.0%	0.0%
	ALL	A	0.17%	0.05%	0.05%
	ALLE	D	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.01%	0.01%
	AMAT	F	0.05%	0.4%	0.05%
	AMCR	D	0.06%	0.13%	0.06%
	AME	A	0.17%	0.24%	0.17%
	AMGN	D	0.15%	0.73%	0.15%
	AMP	A	0.02%	0.44%	0.02%
	AON	A	0.29%	0.03%	0.03%
	AOS	F	0.04%	0.05%	0.04%
	APD	A	0.28%	0.18%	0.18%
	APH	A	0.13%	0.11%	0.11%
	APO	B	0.08%	0.16%	0.08%
	AVY	D	0.04%	0.13%	0.04%
	AXP	A	0.38%	0.94%	0.38%
	BALL	D	0.07%	0.08%	0.07%
	BBY	D	0.08%	0.23%	0.08%
	BDX	F	0.27%	0.19%	0.19%
	BG	F	0.05%	0.1%	0.05%
	BJ	A	0.04%	0.01%	0.01%
	BKR	B	0.15%	0.24%	0.15%
	BLD	D	0.04%	0.03%	0.03%
	BLDR	D	0.07%	0.18%	0.07%
	BMY	B	0.45%	0.41%	0.41%
	BR	A	0.01%	0.1%	0.01%
	BRO	B	0.06%	0.19%	0.06%
	BSX	B	0.49%	0.07%	0.07%
	CAG	D	0.06%	0.01%	0.01%
	CARR	D	0.2%	0.15%	0.15%
	CASY	A	0.05%	0.13%	0.05%
	CAT	B	0.63%	1.09%	0.63%
	CBOE	B	0.09%	0.08%	0.08%
	CBRE	B	0.16%	0.08%	0.08%
	CDW	F	0.05%	0.13%	0.05%
	CE	F	0.04%	0.04%	0.04%
	CF	B	0.06%	0.13%	0.06%
	CHD	B	0.1%	0.09%	0.09%
	CHTR	C	0.12%	0.14%	0.12%
	CI	F	0.32%	0.32%	0.32%
	CINF	A	0.09%	0.12%	0.09%
	CLH	B	0.05%	0.1%	0.05%
	CMCSA	B	0.67%	0.67%	0.67%
	CMI	A	0.18%	0.24%	0.18%
	COIN	C	0.02%	0.03%	0.02%
	COP	C	0.51%	0.69%	0.51%
	CPB	D	0.04%	0.12%	0.04%
	CPRT	A	0.01%	0.02%	0.01%
	CRBG	B	0.03%	0.12%	0.03%
	CSCO	B	0.89%	0.65%	0.65%
	CSL	C	0.07%	0.13%	0.07%
	CSX	B	0.26%	0.42%	0.26%
	CTAS	B	0.01%	0.29%	0.01%
	CTRA	B	0.07%	0.15%	0.07%
	CTSH	B	0.15%	0.26%	0.15%
	CVS	D	0.29%	0.02%	0.02%
	CVX	A	1.03%	1.1%	1.03%
	CW	B	0.05%	0.01%	0.01%
	DAL	C	0.15%	0.39%	0.15%
	DE	A	0.41%	0.5%	0.41%
	DFS	B	0.15%	0.31%	0.15%
	DG	F	0.07%	0.08%	0.07%
	DGX	A	0.07%	0.13%	0.07%
	DHI	D	0.2%	0.22%	0.2%
	DKS	C	0.04%	0.08%	0.04%
	DLTR	F	0.05%	0.04%	0.04%
	DOV	A	0.1%	0.09%	0.09%
	DOW	F	0.14%	0.18%	0.14%
	DRI	B	0.04%	0.19%	0.04%
	DVN	F	0.1%	0.22%	0.1%
	EA	A	0.16%	0.21%	0.16%
	EBAY	D	0.12%	0.24%	0.12%
	ECL	D	0.03%	0.04%	0.03%
	EFX	F	0.1%	0.08%	0.08%
	EG	C	0.05%	0.02%	0.02%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.32%	0.35%	0.32%
	EME	C	0.05%	0.23%	0.05%
	EMN	D	0.05%	0.03%	0.03%
	EOG	A	0.28%	0.41%	0.28%
	ETN	A	0.53%	0.35%	0.35%
	EW	C	0.13%	0.13%	0.13%
	EWBC	A	0.05%	0.04%	0.04%
	EXPD	D	0.06%	0.13%	0.06%
	F	C	0.16%	0.32%	0.16%
	FANG	D	0.13%	0.23%	0.13%
	FAST	B	0.03%	0.26%	0.03%
	FCNCA	A	0.09%	0.15%	0.09%
	FCX	D	0.26%	0.17%	0.17%
	FDS	B	0.04%	0.12%	0.04%
	FDX	B	0.25%	0.36%	0.25%
	FFIV	B	0.05%	0.01%	0.01%
	FI	A	0.31%	0.39%	0.31%
	FIS	C	0.2%	0.32%	0.2%
	FITB	A	0.12%	0.15%	0.12%
	FND	C	0.03%	0.01%	0.01%
	FNF	B	0.06%	0.1%	0.06%
	FOX	A	0.02%	0.03%	0.02%
	FOXA	B	0.04%	0.14%	0.04%
	FSLR	F	0.08%	0.08%	0.08%
	FTI	A	0.05%	0.0%	0.0%
	GD	F	0.32%	0.21%	0.21%
	GEHC	F	0.14%	0.26%	0.14%
	GEN	B	0.06%	0.16%	0.06%
	GFS	C	0.01%	0.01%	0.01%
	GGG	B	0.05%	0.11%	0.05%
	GILD	C	0.44%	0.69%	0.44%
	GIS	D	0.15%	0.24%	0.15%
	GLW	B	0.15%	0.26%	0.15%
	GM	B	0.23%	0.45%	0.23%
	GPC	D	0.06%	0.11%	0.06%
	GWW	B	0.02%	0.33%	0.02%
	HAL	C	0.1%	0.15%	0.1%
	HBAN	A	0.09%	0.03%	0.03%
	HES	B	0.05%	0.33%	0.05%
	HIG	B	0.13%	0.3%	0.13%
	HON	B	0.45%	0.76%	0.45%
	HPE	B	0.1%	0.18%	0.1%
	HSY	F	0.09%	0.11%	0.09%
	HUBB	B	0.09%	0.1%	0.09%
	HUM	C	0.12%	0.06%	0.06%
	HWM	A	0.15%	0.13%	0.13%
	IBM	C	0.76%	1.06%	0.76%
	IEX	B	0.07%	0.07%	0.07%
	IP	B	0.08%	0.07%	0.07%
	IPG	D	0.04%	0.05%	0.04%
	IQV	D	0.13%	0.26%	0.13%
	ITW	B	0.19%	0.34%	0.19%
	JBHT	C	0.06%	0.11%	0.06%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.17%	0.25%	0.17%
	JKHY	D	0.05%	0.07%	0.05%
	JNJ	D	1.54%	1.76%	1.54%
	JPM	A	2.55%	2.79%	2.55%
	K	A	0.08%	0.04%	0.04%
	KEYS	A	0.1%	0.09%	0.09%
	KMB	D	0.11%	0.17%	0.11%
	KO	D	0.43%	0.57%	0.43%
	KR	B	0.15%	0.37%	0.15%
	KVUE	A	0.18%	0.05%	0.05%
	LDOS	C	0.1%	0.05%	0.05%
	LECO	B	0.03%	0.04%	0.03%
	LEN	D	0.01%	0.0%	0.0%
	LEN	D	0.16%	0.0%	0.0%
	LEN	D	0.01%	0.08%	0.01%
	LEN	D	0.16%	0.08%	0.08%
	LIN	D	0.88%	0.63%	0.63%
	LKQ	D	0.04%	0.01%	0.01%
	LMT	D	0.32%	0.67%	0.32%
	LNG	B	0.09%	0.35%	0.09%
	LYB	F	0.09%	0.18%	0.09%
	MCHP	D	0.16%	0.23%	0.16%
	MDLZ	F	0.37%	0.21%	0.21%
	MET	A	0.18%	0.4%	0.18%
	MKL	A	0.06%	0.1%	0.06%
	MLM	B	0.14%	0.17%	0.14%
	MMC	B	0.37%	0.41%	0.37%
	MMM	D	0.23%	0.17%	0.17%
	MNST	C	0.03%	0.02%	0.02%
	MOH	F	0.03%	0.08%	0.03%
	MPC	D	0.21%	0.34%	0.21%
	MRO	B	0.06%	0.08%	0.06%
	MS	A	0.51%	0.01%	0.01%
	NDAQ	A	0.12%	0.01%	0.01%
	NDSN	B	0.06%	0.05%	0.05%
	NKE	D	0.14%	0.13%	0.13%
	NOC	D	0.28%	0.16%	0.16%
	NRG	B	0.04%	0.14%	0.04%
	NSC	B	0.23%	0.13%	0.13%
	NTAP	C	0.05%	0.15%	0.05%
	NTRS	A	0.08%	0.02%	0.02%
	NUE	C	0.14%	0.23%	0.14%
	NVR	D	0.1%	0.25%	0.1%
	NVT	B	0.05%	0.01%	0.01%
	OC	A	0.06%	0.17%	0.06%
	OKE	A	0.23%	0.3%	0.23%
	OMC	C	0.08%	0.15%	0.08%
	ON	D	0.12%	0.12%	0.12%
	OVV	B	0.04%	0.02%	0.02%
	OXY	D	0.13%	0.17%	0.13%
	PAG	B	0.01%	0.02%	0.01%
	PAYX	C	0.11%	0.28%	0.11%
	PCAR	B	0.21%	0.4%	0.21%
	PEP	F	0.19%	0.9%	0.19%
	PFG	D	0.08%	0.07%	0.07%
	PFGC	B	0.04%	0.06%	0.04%
	PG	A	1.21%	1.45%	1.21%
	PGR	A	0.09%	0.36%	0.09%
	PH	A	0.32%	0.35%	0.32%
	PHM	D	0.11%	0.16%	0.11%
	PKG	A	0.08%	0.19%	0.08%
	PNR	A	0.07%	0.07%	0.07%
	PPG	F	0.12%	0.13%	0.12%
	PR	B	0.03%	0.01%	0.01%
	PRU	A	0.18%	0.19%	0.18%
	PSX	C	0.2%	0.24%	0.2%
	PWR	A	0.12%	0.11%	0.11%
	PYPL	B	0.32%	0.23%	0.23%
	QCOM	F	0.05%	0.67%	0.05%
	RCL	A	0.13%	0.4%	0.13%
	RF	A	0.09%	0.03%	0.03%
	RJF	A	0.11%	0.22%	0.11%
	RMD	C	0.1%	0.07%	0.07%
	RNR	C	0.05%	0.08%	0.05%
	ROK	B	0.11%	0.14%	0.11%
	ROST	C	0.14%	0.29%	0.14%
	RPM	A	0.05%	0.16%	0.05%
	RS	B	0.07%	0.14%	0.07%
	RSG	A	0.16%	0.19%	0.16%
	SAIA	B	0.02%	0.03%	0.02%
	SCHW	B	0.38%	0.39%	0.38%
	SCI	B	0.05%	0.0%	0.0%
	SHW	A	0.03%	0.52%	0.03%
	SJM	D	0.05%	0.01%	0.01%
	SLB	C	0.23%	0.11%	0.11%
	SNA	A	0.07%	0.15%	0.07%
	SOLV	C	0.04%	0.02%	0.02%
	SSNC	B	0.06%	0.17%	0.06%
	STE	F	0.09%	0.0%	0.0%
	STLD	B	0.08%	0.19%	0.08%
	STZ	D	0.15%	0.2%	0.15%
	SWKS	F	0.06%	0.1%	0.06%
	SYF	B	0.09%	0.12%	0.09%
	SYK	C	0.36%	0.22%	0.22%
	SYY	B	0.06%	0.24%	0.06%
	T	A	0.65%	0.63%	0.63%
	TER	D	0.01%	0.04%	0.01%
	TGT	F	0.28%	0.44%	0.28%
	THC	D	0.06%	0.1%	0.06%
	TJX	A	0.21%	0.51%	0.21%
	TMO	F	0.84%	0.37%	0.37%
	TMUS	B	0.43%	0.56%	0.43%
	TOL	B	0.06%	0.1%	0.06%
	TROW	B	0.1%	0.17%	0.1%
	TRU	D	0.07%	0.04%	0.04%
	TRV	B	0.22%	0.52%	0.22%
	TT	A	0.22%	0.12%	0.12%
	TTWO	A	0.11%	0.1%	0.1%
	TXN	C	0.65%	0.68%	0.65%
	TXT	D	0.06%	0.02%	0.02%
	UAL	A	0.1%	0.19%	0.1%
	UHAL	D	0.02%	0.07%	0.02%
	UHAL	D	0.0%	0.07%	0.0%
	UHAL	D	0.02%	0.0%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHS	D	0.05%	0.07%	0.05%
	ULTA	F	0.01%	0.14%	0.01%
	UNH	C	1.94%	1.56%	1.56%
	UNP	C	0.3%	0.71%	0.3%
	UPS	C	0.39%	0.33%	0.33%
	URI	B	0.16%	0.49%	0.16%
	USFD	A	0.06%	0.1%	0.06%
	UTHR	C	0.07%	0.11%	0.07%
	VLO	C	0.17%	0.3%	0.17%
	VMC	B	0.11%	0.18%	0.11%
	VRTX	F	0.25%	0.26%	0.25%
	VZ	C	0.71%	0.95%	0.71%
	WAT	B	0.03%	0.05%	0.03%
	WLK	D	0.02%	0.02%	0.02%
	WMB	A	0.25%	0.25%	0.25%
	WMS	D	0.03%	0.02%	0.02%
	WMT	A	1.42%	1.35%	1.35%
	WRB	A	0.07%	0.13%	0.07%
	WSM	B	0.03%	0.15%	0.03%
	WSO	A	0.07%	0.0%	0.0%
	WTW	B	0.12%	0.06%	0.06%
	XOM	B	2.1%	2.24%	2.1%
	ZBRA	B	0.06%	0.06%	0.06%
	ZTS	D	0.06%	0.25%	0.06%

VONV Overweight 563 Positions Relative to DFVX

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	BAC	A	1.14%
	WFC	A	0.91%
	PM	B	0.83%
	MCD	D	0.79%
	DIS	B	0.71%
	NEE	D	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	DHR	F	0.63%
	LOW	D	0.6%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	C	A	0.49%
	GS	A	0.48%
	CB	C	0.46%
	MDT	D	0.46%
	MU	D	0.44%
	PLD	D	0.42%
	SO	D	0.4%
	INTC	D	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	ICE	C	0.35%
	BA	F	0.34%
	WELL	A	0.33%
	EQIX	A	0.33%
	GEV	B	0.33%
	AMD	F	0.32%
	HD	A	0.32%
	REGN	F	0.32%
	CME	A	0.32%
	PNC	B	0.3%
	USB	A	0.3%
	CEG	D	0.28%
	KKR	A	0.27%
	COF	B	0.25%
	EMR	A	0.25%
	MRVL	B	0.25%
	MAR	B	0.24%
	TDG	D	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	DLR	B	0.23%
	BK	A	0.22%
	O	D	0.21%
	AEP	D	0.21%
	NEM	D	0.21%
	SRE	A	0.21%
	D	C	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	KMI	A	0.19%
	PSA	D	0.18%
	PEG	A	0.18%
	CRM	B	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	SPG	B	0.16%
	KDP	D	0.15%
	MCK	B	0.15%
	XEL	A	0.15%
	IR	B	0.15%
	EXR	D	0.14%
	CL	D	0.14%
	DD	D	0.14%
	ED	D	0.14%
	MSTR	C	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	MTB	A	0.13%
	CNC	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	VICI	C	0.13%
	XYL	D	0.12%
	CSGP	D	0.12%
	KHC	F	0.12%
	WEC	A	0.12%
	GRMN	B	0.12%
	ADM	D	0.11%
	HPQ	B	0.11%
	GPN	B	0.11%
	VTR	C	0.11%
	EQR	B	0.11%
	SW	A	0.11%
	AWK	D	0.11%
	MTD	D	0.11%
	ANSS	B	0.11%
	STT	A	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	SBAC	D	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	BIIB	F	0.1%
	IFF	D	0.1%
	DTE	C	0.1%
	WDC	D	0.09%
	ZBH	C	0.09%
	CCL	B	0.09%
	WY	D	0.09%
	YUM	B	0.09%
	ILMN	D	0.09%
	ES	D	0.09%
	AEE	A	0.09%
	SQ	B	0.09%
	CFG	B	0.08%
	LH	C	0.08%
	INVH	D	0.08%
	ARE	D	0.08%
	MKC	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	EQT	B	0.08%
	CMS	C	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	SUI	D	0.07%
	TSN	B	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	MAA	B	0.07%
	MAS	D	0.07%
	ESS	B	0.07%
	BAX	D	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	MSCI	C	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	UDR	B	0.06%
	RGA	A	0.06%
	VLTO	D	0.06%
	VRSN	F	0.06%
	L	A	0.06%
	SWK	D	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	AVTR	F	0.06%
	LNT	A	0.06%
	IRM	D	0.06%
	APTV	D	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	KIM	A	0.06%
	DOC	D	0.06%
	NI	A	0.06%
	KEY	B	0.06%
	IBKR	A	0.06%
	TECH	D	0.05%
	ITT	A	0.05%
	AES	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	WPC	D	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	BMRN	D	0.05%
	BXP	D	0.05%
	JNPR	F	0.05%
	ELS	C	0.05%
	GLPI	C	0.05%
	REG	B	0.05%
	EVRG	A	0.05%
	DTM	B	0.04%
	WST	C	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	JLL	D	0.04%
	HRL	D	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	LAD	A	0.04%
	WYNN	D	0.04%
	FRT	B	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	CIEN	B	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	TAP	C	0.04%
	DAY	B	0.04%
	PRI	A	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	FBIN	D	0.04%
	SF	B	0.04%
	NWSA	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	CAH	B	0.04%
	NTNX	A	0.04%
	TPR	B	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	INCY	C	0.04%
	RRX	B	0.04%
	ATR	B	0.04%
	ALB	C	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	ARW	D	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PB	A	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	G	B	0.03%
	QRVO	F	0.03%
	STAG	F	0.03%
	JAZZ	B	0.03%
	WBA	F	0.03%
	COKE	C	0.03%
	RHI	B	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	ROKU	D	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	GNTX	C	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	ONTO	D	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	LW	C	0.03%
	BWA	D	0.03%
	EXAS	D	0.03%
	CR	A	0.03%
	MTZ	B	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RL	B	0.03%
	RBC	A	0.03%
	TKO	B	0.03%
	OGE	B	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%
	KNX	B	0.03%
	AAL	B	0.03%
	KBR	F	0.03%
	HLI	B	0.03%
	GMED	A	0.03%
	EGP	F	0.03%
	RIVN	F	0.03%
	GWRE	A	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	TTC	D	0.03%
	CMA	A	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	ALNY	D	0.02%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	AN	C	0.02%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	CLF	F	0.02%
	FLO	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	M	D	0.02%
	FRPT	B	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	TPG	A	0.02%
	DBX	B	0.02%
	AGO	B	0.02%
	WSC	D	0.02%
	AZO	C	0.02%
	WTM	A	0.02%
	BILL	A	0.02%
	RYN	D	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	BYD	C	0.02%
	HXL	D	0.02%
	OLN	D	0.02%
	AVT	C	0.02%
	OGN	D	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	D	0.02%
	GNRC	B	0.02%
	SEE	C	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	CROX	D	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	C	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	H	B	0.02%
	WHR	B	0.02%
	NFG	A	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	B	0.02%
	BEN	C	0.02%
	S	B	0.02%
	COLB	A	0.02%
	LFUS	F	0.02%
	ALK	C	0.02%
	ESI	A	0.02%
	AXS	A	0.02%
	DINO	D	0.02%
	RLI	B	0.02%
	AMG	B	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	STWD	C	0.02%
	WH	B	0.02%
	DAR	C	0.02%
	VMI	B	0.02%
	ELAN	D	0.02%
	AGCO	D	0.02%
	R	B	0.02%
	UA	C	0.01%
	SNDR	B	0.01%
	FTRE	D	0.01%
	GO	C	0.01%
	LYFT	C	0.01%
	REYN	D	0.01%
	EXEL	B	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	WEN	D	0.01%
	INFA	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	PPC	C	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	AZEK	A	0.01%
	LPX	B	0.01%
	CRI	D	0.01%
	PSTG	D	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	D	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	JWN	C	0.01%
	ADTN	A	0.01%
	EXP	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	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	B	0.01%
	LOPE	B	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	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	A	0.01%
	AMED	F	0.01%
	IRDM	D	0.01%
	PLNT	A	0.01%
	FHB	A	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	D	0.01%
	PRGO	B	0.01%
	HIW	D	0.01%
	CIVI	D	0.01%
	DXC	B	0.01%
	IAC	D	0.01%
	NEU	C	0.01%
	PII	D	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	DNB	B	0.01%
	HUN	F	0.01%
	NWL	B	0.01%
	SMG	D	0.01%
	UWMC	D	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	A	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	F	0.0%
	CNA	B	0.0%
	DV	C	0.0%
	DDS	B	0.0%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 47 Positions Relative to DFVX

	Symbol	Grade	Weight
	AMZN	C	-5.61%
	META	D	-4.84%
	MSFT	F	-4.8%
	GOOGL	C	-2.62%
	GOOG	C	-2.41%
	V	A	-1.59%
	COST	B	-1.21%
	ORCL	B	-1.18%
	ADBE	C	-0.64%
	AVGO	D	-0.57%
	APP	B	-0.39%
	VST	B	-0.35%
	KLAC	D	-0.34%
	WM	A	-0.32%
	LRCX	F	-0.32%
	MRK	F	-0.32%
	NXPI	D	-0.3%
	TRGP	B	-0.25%
	ODFL	B	-0.25%
	CMG	B	-0.23%
	VRT	B	-0.23%
	MCO	B	-0.21%
	CPAY	A	-0.21%
	LPLA	A	-0.2%
	TSCO	D	-0.16%
	XPO	B	-0.15%
	IDXX	F	-0.15%
	ADSK	A	-0.15%
	BURL	A	-0.13%
	EXPE	B	-0.1%
	EQH	B	-0.09%
	LVS	C	-0.09%
	COR	B	-0.08%
	LULU	C	-0.08%
	ROL	B	-0.07%
	BAH	F	-0.07%
	POOL	C	-0.07%
	FLEX	A	-0.07%
	TPL	A	-0.06%
	DECK	A	-0.06%
	SCCO	F	-0.04%
	DVA	B	-0.03%
	WMG	C	-0.03%
	ENTG	D	-0.01%
	LII	A	-0.01%
	FIX	A	-0.0%
	NBIX	C	-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

DFVX: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Oil & Gas E&P Semiconductors Specialty Retail Insurance - Property & Casualty Specialty Chemicals Capital Markets Diagnostics & Research Discount Stores Drug Manufacturers - Major Health Care Plans Software - Application Asset Management Building Materials Credit Services Engineering & Construction Household & Personal Products Information Technology Services Insurance Brokers

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Dow Jones Component Electronics Chemical Aerospace Computing Insurance Products Mining Beverage Plastic Semiconductor Bank Petroleum Industry Telecommunications Disability Medicine Oil And Gas