VONV vs. GVLU ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Gotham 1000 Value ETF (GVLU)

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

GVLU

Gotham 1000 Value ETF

GVLU Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by generally investing in equity securities of 400-600 mid- to large-capitalization companies chosen from a universe of the largest 1,400 companies listed on U.S. stock exchanges measured by market capitalization.

Grade (RS Rating)

Last Trade

$25.64

Average Daily Volume

25,719

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	VONV	GVLU
30 Days	3.51%	4.42%
60 Days	4.96%	4.08%
90 Days	7.00%	5.01%
12 Months	29.73%	27.37%

335 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in GVLU	Overlap
	AA	B	0.04%	0.06%	0.04%
	AAL	B	0.03%	0.29%	0.03%
	ACGL	D	0.14%	0.49%	0.14%
	ACI	C	0.03%	0.4%	0.03%
	ACM	A	0.06%	0.1%	0.06%
	ADM	D	0.11%	0.23%	0.11%
	ADTN	A	0.01%	0.36%	0.01%
	AFG	A	0.04%	0.21%	0.04%
	AFL	B	0.23%	0.22%	0.22%
	AGCO	D	0.02%	0.24%	0.02%
	AGO	B	0.02%	0.53%	0.02%
	AIZ	A	0.04%	0.39%	0.04%
	ALL	A	0.17%	0.54%	0.17%
	ALLE	D	0.05%	0.11%	0.05%
	ALSN	B	0.04%	0.17%	0.04%
	AM	A	0.01%	0.09%	0.01%
	AMAT	F	0.05%	0.15%	0.05%
	AN	C	0.02%	0.06%	0.02%
	AOS	F	0.04%	0.15%	0.04%
	APG	B	0.03%	0.11%	0.03%
	APTV	D	0.06%	0.07%	0.06%
	ARMK	B	0.04%	0.41%	0.04%
	ARW	D	0.03%	0.42%	0.03%
	ASH	D	0.02%	0.38%	0.02%
	ATI	D	0.03%	0.14%	0.03%
	AVT	C	0.02%	0.34%	0.02%
	AVY	D	0.04%	0.06%	0.04%
	AXS	A	0.02%	0.18%	0.02%
	AXTA	A	0.03%	0.3%	0.03%
	AYI	B	0.04%	0.09%	0.04%
	AZEK	A	0.01%	0.07%	0.01%
	AZO	C	0.02%	0.1%	0.02%
	BALL	D	0.07%	0.33%	0.07%
	BAX	D	0.07%	0.2%	0.07%
	BBWI	D	0.03%	0.04%	0.03%
	BBY	D	0.08%	0.21%	0.08%
	BDX	F	0.27%	0.11%	0.11%
	BERY	B	0.03%	0.18%	0.03%
	BIIB	F	0.1%	0.28%	0.1%
	BIO	D	0.03%	0.05%	0.03%
	BJ	A	0.04%	0.0%	0.0%
	BKNG	A	0.04%	0.06%	0.04%
	BKR	B	0.15%	0.1%	0.1%
	BLD	D	0.04%	0.18%	0.04%
	BLDR	D	0.07%	0.02%	0.02%
	BMY	B	0.45%	0.06%	0.06%
	BR	A	0.01%	0.02%	0.01%
	BRBR	A	0.03%	0.04%	0.03%
	BWA	D	0.03%	0.17%	0.03%
	BYD	C	0.02%	0.2%	0.02%
	CAG	D	0.06%	0.44%	0.06%
	CAH	B	0.04%	0.14%	0.04%
	CAT	B	0.63%	0.25%	0.25%
	CB	C	0.46%	0.36%	0.36%
	CBOE	B	0.09%	0.39%	0.09%
	CCK	C	0.04%	0.49%	0.04%
	CE	F	0.04%	0.05%	0.04%
	CEG	D	0.28%	0.38%	0.28%
	CF	B	0.06%	0.13%	0.06%
	CHTR	C	0.12%	0.18%	0.12%
	CI	F	0.32%	0.39%	0.32%
	CIEN	B	0.04%	0.09%	0.04%
	CINF	A	0.09%	0.31%	0.09%
	CL	D	0.14%	0.22%	0.14%
	CLF	F	0.02%	0.05%	0.02%
	CMCSA	B	0.67%	0.33%	0.33%
	CME	A	0.32%	0.33%	0.32%
	CMI	A	0.18%	0.17%	0.17%
	CNA	B	0.0%	0.39%	0.0%
	CNC	D	0.13%	0.32%	0.13%
	COKE	C	0.03%	0.09%	0.03%
	COLB	A	0.02%	0.01%	0.01%
	COLM	B	0.01%	0.12%	0.01%
	COP	C	0.51%	0.14%	0.14%
	COTY	F	0.01%	0.12%	0.01%
	CPB	D	0.04%	0.03%	0.03%
	CROX	D	0.02%	0.27%	0.02%
	CRUS	D	0.02%	0.16%	0.02%
	CSL	C	0.07%	0.35%	0.07%
	CSX	B	0.26%	0.12%	0.12%
	CTRA	B	0.07%	0.23%	0.07%
	CTVA	C	0.17%	0.22%	0.17%
	CVS	D	0.29%	0.32%	0.29%
	CVX	A	1.03%	0.44%	0.44%
	CZR	F	0.03%	0.08%	0.03%
	D	C	0.2%	0.52%	0.2%
	DAL	C	0.15%	0.32%	0.15%
	DAR	C	0.02%	0.38%	0.02%
	DBX	B	0.02%	0.2%	0.02%
	DCI	B	0.04%	0.21%	0.04%
	DDS	B	0.0%	0.02%	0.0%
	DG	F	0.07%	0.52%	0.07%
	DGX	A	0.07%	0.01%	0.01%
	DINO	D	0.02%	0.03%	0.02%
	DIS	B	0.71%	0.25%	0.25%
	DKS	C	0.04%	0.02%	0.02%
	DOX	D	0.04%	0.31%	0.04%
	DRI	B	0.04%	0.11%	0.04%
	DXC	B	0.01%	0.24%	0.01%
	EBAY	D	0.12%	0.09%	0.09%
	ECL	D	0.03%	0.01%	0.01%
	EEFT	B	0.02%	0.35%	0.02%
	EG	C	0.05%	0.52%	0.05%
	ELAN	D	0.02%	0.3%	0.02%
	ELV	F	0.32%	0.06%	0.06%
	EME	C	0.05%	0.2%	0.05%
	EMN	D	0.05%	0.11%	0.05%
	EOG	A	0.28%	0.43%	0.28%
	EPAM	C	0.04%	0.22%	0.04%
	ETSY	D	0.01%	0.06%	0.01%
	EW	C	0.13%	0.2%	0.13%
	EXEL	B	0.01%	0.37%	0.01%
	FCN	D	0.03%	0.48%	0.03%
	FDS	B	0.04%	0.05%	0.04%
	FDX	B	0.25%	0.23%	0.23%
	FFIV	B	0.05%	0.02%	0.02%
	FITB	A	0.12%	0.0%	0.0%
	FLO	D	0.02%	0.17%	0.02%
	FLS	B	0.03%	0.08%	0.03%
	FMC	D	0.03%	0.36%	0.03%
	FOXA	B	0.04%	0.35%	0.04%
	FTI	A	0.05%	0.46%	0.05%
	GAP	C	0.02%	0.3%	0.02%
	GEHC	F	0.14%	0.08%	0.08%
	GEN	B	0.06%	0.22%	0.06%
	GFS	C	0.01%	0.08%	0.01%
	GILD	C	0.44%	0.35%	0.35%
	GIS	D	0.15%	0.32%	0.15%
	GL	B	0.04%	0.49%	0.04%
	GM	B	0.23%	0.24%	0.23%
	GNRC	B	0.02%	0.05%	0.02%
	GNTX	C	0.03%	0.06%	0.03%
	GPK	C	0.03%	0.13%	0.03%
	GPN	B	0.11%	0.3%	0.11%
	GTES	A	0.02%	0.07%	0.02%
	GWW	B	0.02%	0.01%	0.01%
	H	B	0.02%	0.31%	0.02%
	HAL	C	0.1%	0.02%	0.02%
	HAS	D	0.0%	0.28%	0.0%
	HAYW	B	0.01%	0.2%	0.01%
	HBAN	A	0.09%	0.02%	0.02%
	HCA	F	0.2%	0.17%	0.17%
	HIG	B	0.13%	0.33%	0.13%
	HOG	D	0.02%	0.12%	0.02%
	HOLX	D	0.07%	0.1%	0.07%
	HPE	B	0.1%	0.24%	0.1%
	HPQ	B	0.11%	0.27%	0.11%
	HRL	D	0.04%	0.23%	0.04%
	HSIC	B	0.04%	0.33%	0.04%
	HSY	F	0.09%	0.2%	0.09%
	HUM	C	0.12%	0.46%	0.12%
	IFF	D	0.1%	0.19%	0.1%
	INCY	C	0.04%	0.07%	0.04%
	INGR	B	0.03%	0.53%	0.03%
	IP	B	0.08%	0.17%	0.08%
	IPG	D	0.04%	0.39%	0.04%
	IPGP	D	0.01%	0.19%	0.01%
	IR	B	0.15%	0.0%	0.0%
	IRDM	D	0.01%	0.11%	0.01%
	ITW	B	0.19%	0.01%	0.01%
	J	F	0.07%	0.33%	0.07%
	JAZZ	B	0.03%	0.41%	0.03%
	JBHT	C	0.06%	0.14%	0.06%
	JBL	B	0.05%	0.29%	0.05%
	JCI	C	0.17%	0.28%	0.17%
	JKHY	D	0.05%	0.09%	0.05%
	JNJ	D	1.54%	0.1%	0.1%
	JNPR	F	0.05%	0.02%	0.02%
	JWN	C	0.01%	0.25%	0.01%
	K	A	0.08%	0.42%	0.08%
	KD	B	0.02%	0.08%	0.02%
	KDP	D	0.15%	0.21%	0.15%
	KHC	F	0.12%	0.43%	0.12%
	KMB	D	0.11%	0.37%	0.11%
	KMPR	B	0.02%	0.08%	0.02%
	KMX	B	0.04%	0.2%	0.04%
	KO	D	0.43%	0.07%	0.07%
	KR	B	0.15%	0.28%	0.15%
	KVUE	A	0.18%	0.09%	0.09%
	L	A	0.06%	0.39%	0.06%
	LDOS	C	0.1%	0.29%	0.1%
	LEA	D	0.02%	0.08%	0.02%
	LECO	B	0.03%	0.12%	0.03%
	LKQ	D	0.04%	0.35%	0.04%
	LMT	D	0.32%	0.16%	0.16%
	LNC	B	0.02%	0.17%	0.02%
	LNG	B	0.09%	0.27%	0.09%
	LOPE	B	0.01%	0.08%	0.01%
	LOW	D	0.6%	0.15%	0.15%
	LPX	B	0.01%	0.09%	0.01%
	LYB	F	0.09%	0.14%	0.09%
	MAN	D	0.01%	0.06%	0.01%
	MAR	B	0.24%	0.04%	0.04%
	MAS	D	0.07%	0.23%	0.07%
	MASI	A	0.01%	0.09%	0.01%
	MCK	B	0.15%	0.03%	0.03%
	MDLZ	F	0.37%	0.21%	0.21%
	MDU	D	0.02%	0.01%	0.01%
	MET	A	0.18%	0.34%	0.18%
	MHK	D	0.03%	0.12%	0.03%
	MIDD	C	0.03%	0.34%	0.03%
	MKL	A	0.06%	0.52%	0.06%
	MMC	B	0.37%	0.19%	0.19%
	MMM	D	0.23%	0.42%	0.23%
	MNST	C	0.03%	0.03%	0.03%
	MO	A	0.37%	0.42%	0.37%
	MOH	F	0.03%	0.46%	0.03%
	MRO	B	0.06%	0.48%	0.06%
	MSA	D	0.02%	0.12%	0.02%
	MSM	C	0.01%	0.29%	0.01%
	MTCH	D	0.04%	0.36%	0.04%
	MTG	C	0.03%	0.0%	0.0%
	MTN	C	0.0%	0.19%	0.0%
	MTZ	B	0.03%	0.22%	0.03%
	NEU	C	0.01%	0.24%	0.01%
	NFG	A	0.02%	0.42%	0.02%
	NKE	D	0.14%	0.35%	0.14%
	NOC	D	0.28%	0.14%	0.14%
	NOV	C	0.02%	0.01%	0.01%
	NRG	B	0.04%	0.42%	0.04%
	NVST	B	0.01%	0.2%	0.01%
	NVT	B	0.05%	0.01%	0.01%
	NWL	B	0.01%	0.3%	0.01%
	NXST	C	0.01%	0.2%	0.01%
	OGN	D	0.02%	0.25%	0.02%
	OLN	D	0.02%	0.12%	0.02%
	OMC	C	0.08%	0.24%	0.08%
	ORI	A	0.03%	0.23%	0.03%
	OSK	B	0.03%	0.21%	0.03%
	OVV	B	0.04%	0.17%	0.04%
	OZK	B	0.02%	0.08%	0.02%
	PAYC	B	0.02%	0.14%	0.02%
	PEP	F	0.19%	0.19%	0.19%
	PFE	D	0.64%	0.1%	0.1%
	PG	A	1.21%	0.03%	0.03%
	PGR	A	0.09%	0.5%	0.09%
	PH	A	0.32%	0.01%	0.01%
	PII	D	0.01%	0.15%	0.01%
	PM	B	0.83%	0.06%	0.06%
	PNR	A	0.07%	0.07%	0.07%
	POST	C	0.02%	0.34%	0.02%
	PPC	C	0.01%	0.58%	0.01%
	PPG	F	0.12%	0.29%	0.12%
	PRI	A	0.04%	0.29%	0.04%
	PRU	A	0.18%	0.43%	0.18%
	PSN	D	0.02%	0.17%	0.02%
	PSX	C	0.2%	0.04%	0.04%
	PVH	C	0.02%	0.26%	0.02%
	PYPL	B	0.32%	0.28%	0.28%
	QCOM	F	0.05%	0.02%	0.02%
	QGEN	D	0.04%	0.21%	0.04%
	RBA	A	0.06%	0.05%	0.05%
	REYN	D	0.01%	0.39%	0.01%
	RF	A	0.09%	0.01%	0.01%
	RGLD	C	0.04%	0.23%	0.04%
	RL	B	0.03%	0.08%	0.03%
	RLI	B	0.02%	0.06%	0.02%
	RMD	C	0.1%	0.09%	0.09%
	RNR	C	0.05%	0.53%	0.05%
	ROST	C	0.14%	0.06%	0.06%
	RPM	A	0.05%	0.15%	0.05%
	RRX	B	0.04%	0.3%	0.04%
	SAIC	F	0.03%	0.02%	0.02%
	SAM	C	0.01%	0.35%	0.01%
	SBAC	D	0.1%	0.11%	0.1%
	SEE	C	0.02%	0.32%	0.02%
	SIRI	C	0.03%	0.4%	0.03%
	SLB	C	0.23%	0.43%	0.23%
	SLGN	A	0.02%	0.36%	0.02%
	SMG	D	0.01%	0.44%	0.01%
	SNA	A	0.07%	0.1%	0.07%
	SNDR	B	0.01%	0.01%	0.01%
	SNV	B	0.03%	0.01%	0.01%
	SNX	C	0.03%	0.2%	0.03%
	SO	D	0.4%	0.09%	0.09%
	SOLV	C	0.04%	0.28%	0.04%
	SON	D	0.02%	0.4%	0.02%
	SPB	C	0.01%	0.01%	0.01%
	SSNC	B	0.06%	0.19%	0.06%
	ST	F	0.02%	0.11%	0.02%
	STE	F	0.09%	0.09%	0.09%
	STZ	D	0.15%	0.35%	0.15%
	SWK	D	0.06%	0.38%	0.06%
	SWKS	F	0.06%	0.24%	0.06%
	SYY	B	0.06%	0.27%	0.06%
	T	A	0.65%	0.38%	0.38%
	TAP	C	0.04%	0.38%	0.04%
	TDY	B	0.08%	0.08%	0.08%
	TFC	A	0.23%	0.01%	0.01%
	TFX	F	0.04%	0.09%	0.04%
	TGT	F	0.28%	0.33%	0.28%
	THC	D	0.06%	0.47%	0.06%
	THG	A	0.02%	0.46%	0.02%
	THO	B	0.02%	0.04%	0.02%
	TKO	B	0.03%	0.42%	0.03%
	TKR	D	0.02%	0.09%	0.02%
	TMUS	B	0.43%	0.21%	0.21%
	TPR	B	0.04%	0.31%	0.04%
	TRV	B	0.22%	0.4%	0.22%
	TSN	B	0.07%	0.4%	0.07%
	TTC	D	0.03%	0.34%	0.03%
	TTEK	F	0.04%	0.02%	0.02%
	UA	C	0.01%	0.37%	0.01%
	UHS	D	0.05%	0.31%	0.05%
	UI	A	0.0%	0.25%	0.0%
	ULTA	F	0.01%	0.07%	0.01%
	UNH	C	1.94%	0.14%	0.14%
	UNM	A	0.05%	0.38%	0.05%
	UPS	C	0.39%	0.03%	0.03%
	URI	B	0.16%	0.07%	0.07%
	USFD	A	0.06%	0.2%	0.06%
	UTHR	C	0.07%	0.19%	0.07%
	VFC	C	0.03%	0.3%	0.03%
	VLO	C	0.17%	0.27%	0.17%
	VMI	B	0.02%	0.37%	0.02%
	VRSN	F	0.06%	0.2%	0.06%
	VTRS	A	0.06%	0.41%	0.06%
	VZ	C	0.71%	0.45%	0.45%
	WBA	F	0.03%	0.35%	0.03%
	WCC	B	0.03%	0.21%	0.03%
	WDC	D	0.09%	0.03%	0.03%
	WEN	D	0.01%	0.07%	0.01%
	WEX	D	0.03%	0.32%	0.03%
	WH	B	0.02%	0.05%	0.02%
	WRB	A	0.07%	0.34%	0.07%
	WSC	D	0.02%	0.22%	0.02%
	WSM	B	0.03%	0.14%	0.03%
	WU	D	0.01%	0.28%	0.01%
	WYNN	D	0.04%	0.13%	0.04%
	XRAY	F	0.02%	0.13%	0.02%
	YETI	C	0.01%	0.21%	0.01%
	YUM	B	0.09%	0.02%	0.02%
	ZBH	C	0.09%	0.1%	0.09%
	ZION	B	0.03%	0.01%	0.01%
	ZM	B	0.08%	0.32%	0.08%

VONV Overweight 507 Positions Relative to GVLU

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	XOM	B	2.1%
	WMT	A	1.42%
	BAC	A	1.14%
	WFC	A	0.91%
	CSCO	B	0.89%
	LIN	D	0.88%
	ACN	C	0.87%
	TMO	F	0.84%
	ABBV	D	0.82%
	MCD	D	0.79%
	ABT	B	0.78%
	IBM	C	0.76%
	TXN	C	0.65%
	NEE	D	0.65%
	RTX	C	0.64%
	DHR	F	0.63%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	ETN	A	0.53%
	MS	A	0.51%
	C	A	0.49%
	BSX	B	0.49%
	GS	A	0.48%
	MDT	D	0.46%
	HON	B	0.45%
	MU	D	0.44%
	ADI	D	0.44%
	PLD	D	0.42%
	DE	A	0.41%
	AXP	A	0.38%
	SCHW	B	0.38%
	INTC	D	0.37%
	DUK	C	0.36%
	SYK	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%
	GD	F	0.32%
	REGN	F	0.32%
	FI	A	0.31%
	UNP	C	0.3%
	PNC	B	0.3%
	USB	A	0.3%
	AON	A	0.29%
	APD	A	0.28%
	KKR	A	0.27%
	FCX	D	0.26%
	VRTX	F	0.25%
	COF	B	0.25%
	EMR	A	0.25%
	MRVL	B	0.25%
	WMB	A	0.25%
	AJG	B	0.23%
	OKE	A	0.23%
	NSC	B	0.23%
	TDG	D	0.23%
	ROP	B	0.23%
	DLR	B	0.23%
	TT	A	0.22%
	BK	A	0.22%
	MPC	D	0.21%
	O	D	0.21%
	AEP	D	0.21%
	TJX	A	0.21%
	NEM	D	0.21%
	SRE	A	0.21%
	PCAR	B	0.21%
	AIG	B	0.2%
	CARR	D	0.2%
	DHI	D	0.2%
	FIS	C	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%
	AME	A	0.17%
	PCG	A	0.17%
	MSI	B	0.16%
	MCHP	D	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	F	C	0.16%
	RSG	A	0.16%
	LEN	D	0.16%
	SPG	B	0.16%
	GLW	B	0.15%
	DFS	B	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	HWM	A	0.15%
	AMGN	D	0.15%
	A	D	0.15%
	NUE	C	0.14%
	EXR	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	ED	D	0.14%
	MSTR	C	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	RCL	A	0.13%
	MTB	A	0.13%
	IQV	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	APH	A	0.13%
	VICI	C	0.13%
	FANG	D	0.13%
	OXY	D	0.13%
	XYL	D	0.12%
	CSGP	D	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	PWR	A	0.12%
	NDAQ	A	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	VTR	C	0.11%
	EQR	B	0.11%
	SW	A	0.11%
	PHM	D	0.11%
	VMC	B	0.11%
	AWK	D	0.11%
	MTD	D	0.11%
	ROK	B	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	STT	A	0.11%
	RJF	A	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	PAYX	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	CHD	B	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	UAL	A	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	DOV	A	0.1%
	KEYS	A	0.1%
	EFX	F	0.1%
	SYF	B	0.09%
	CCL	B	0.09%
	WY	D	0.09%
	HUBB	B	0.09%
	ILMN	D	0.09%
	ES	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	PFG	D	0.08%
	CFG	B	0.08%
	LH	C	0.08%
	INVH	D	0.08%
	ARE	D	0.08%
	STLD	B	0.08%
	MKC	D	0.08%
	WBD	C	0.08%
	NTRS	A	0.08%
	EQT	B	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	FSLR	F	0.08%
	ATO	A	0.08%
	IEX	B	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	WSO	A	0.07%
	CVNA	B	0.07%
	MRNA	F	0.07%
	MAA	B	0.07%
	ESS	B	0.07%
	LUV	C	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	CNP	B	0.07%
	UDR	B	0.06%
	RGA	A	0.06%
	VLTO	D	0.06%
	BRO	B	0.06%
	EXPD	D	0.06%
	NDSN	B	0.06%
	ZTS	D	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	TOL	B	0.06%
	TXT	D	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	ZBRA	B	0.06%
	LNT	A	0.06%
	IRM	D	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	D	0.06%
	NI	A	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	AMCR	D	0.06%
	IBKR	A	0.06%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	SJM	D	0.05%
	CLH	B	0.05%
	BG	F	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	WPC	D	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	BMRN	D	0.05%
	CDW	F	0.05%
	BXP	D	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	NTAP	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	HES	B	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	DTM	B	0.04%
	WST	C	0.04%
	FYBR	D	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	JLL	D	0.04%
	TW	A	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	LAD	A	0.04%
	FRT	B	0.04%
	CRL	C	0.04%
	FTNT	C	0.04%
	REXR	F	0.04%
	DPZ	C	0.04%
	FHN	A	0.04%
	EVR	B	0.04%
	DAY	B	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	PNW	B	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	FBIN	D	0.04%
	SF	B	0.04%
	NWSA	B	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	CTLT	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	NTNX	A	0.04%
	TWLO	A	0.04%
	CG	A	0.04%
	ATR	B	0.04%
	ALB	C	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	ALGN	D	0.03%
	XP	F	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	CGNX	C	0.03%
	PB	A	0.03%
	PARA	C	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	G	B	0.03%
	QRVO	F	0.03%
	STAG	F	0.03%
	RHI	B	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	ROKU	D	0.03%
	FND	C	0.03%
	SSD	D	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	ESAB	B	0.03%
	PR	B	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	CHE	D	0.03%
	ONTO	D	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%
	SEIC	B	0.03%
	WAT	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	SHW	A	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	LW	C	0.03%
	EXAS	D	0.03%
	CR	A	0.03%
	CHRD	D	0.03%
	NNN	D	0.03%
	RBC	A	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BRX	A	0.03%
	VOYA	B	0.03%
	CRBG	B	0.03%
	KNX	B	0.03%
	KBR	F	0.03%
	HLI	B	0.03%
	GMED	A	0.03%
	EGP	F	0.03%
	RIVN	F	0.03%
	ALLY	C	0.03%
	GWRE	A	0.03%
	GME	C	0.03%
	CMA	A	0.03%
	ADP	B	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	LAMR	D	0.03%
	PTC	A	0.03%
	X	C	0.03%
	ALNY	D	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	SITE	D	0.02%
	W	F	0.02%
	AWI	A	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	M	D	0.02%
	FRPT	B	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	TPG	A	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	0.02%
	AMP	A	0.02%
	RYN	D	0.02%
	AL	B	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	HXL	D	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	IDA	A	0.02%
	JHG	A	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	WHR	B	0.02%
	OMF	A	0.02%
	OLLI	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	COIN	C	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	BEN	C	0.02%
	S	B	0.02%
	LFUS	F	0.02%
	ALK	C	0.02%
	ESI	A	0.02%
	AMG	B	0.02%
	STWD	C	0.02%
	R	B	0.02%
	FTRE	D	0.01%
	GO	C	0.01%
	LYFT	C	0.01%
	TER	D	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	INFA	D	0.01%
	LEN	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	CRI	D	0.01%
	PSTG	D	0.01%
	PINC	B	0.01%
	CNXC	F	0.01%
	KSS	F	0.01%
	AAP	C	0.01%
	AZTA	D	0.01%
	BROS	B	0.01%
	LCID	F	0.01%
	GLOB	B	0.01%
	RKT	F	0.01%
	RCM	F	0.01%
	BRKR	D	0.01%
	ENOV	C	0.01%
	CPRI	F	0.01%
	EXP	A	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	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%
	MPW	F	0.01%
	PAG	B	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	0.01%
	CNM	D	0.01%
	BHF	B	0.01%
	PENN	C	0.01%
	AMED	F	0.01%
	CPRT	A	0.01%
	PLNT	A	0.01%
	FHB	A	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	U	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%
	IAC	D	0.01%
	DNB	B	0.01%
	HUN	F	0.01%
	CTAS	B	0.01%
	UHAL	D	0.0%
	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%
	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%
	HCP	B	0.0%
	FIVE	F	0.0%
	DV	C	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 121 Positions Relative to GVLU

	Symbol	Grade	Weight
	IDCC	A	-0.48%
	ESGR	B	-0.46%
	SKYW	B	-0.45%
	ALKS	B	-0.45%
	KTB	B	-0.44%
	PLXS	B	-0.44%
	WHD	B	-0.41%
	URBN	C	-0.4%
	OPCH	D	-0.39%
	LNTH	D	-0.39%
	DVA	B	-0.39%
	SLVM	B	-0.38%
	ABM	B	-0.38%
	PRIM	A	-0.37%
	MMS	F	-0.37%
	DORM	B	-0.36%
	CHX	C	-0.34%
	ASO	F	-0.34%
	ANF	C	-0.33%
	GFF	A	-0.33%
	CNK	B	-0.33%
	SMPL	B	-0.33%
	GOLF	B	-0.33%
	FTDR	A	-0.32%
	CBT	C	-0.31%
	HP	B	-0.3%
	MWA	B	-0.29%
	AVNT	B	-0.27%
	CLX	B	-0.27%
	CMC	B	-0.27%
	OTEX	D	-0.26%
	NSIT	F	-0.26%
	KNSL	B	-0.26%
	SEM	B	-0.26%
	CALM	A	-0.25%
	LCII	C	-0.25%
	BCO	D	-0.25%
	POWL	C	-0.25%
	ATGE	B	-0.24%
	MCY	A	-0.24%
	GVA	A	-0.22%
	TAC	B	-0.22%
	ASGN	F	-0.22%
	SM	B	-0.22%
	NOG	A	-0.22%
	PAYO	A	-0.21%
	LRN	A	-0.21%
	BRC	D	-0.21%
	FELE	B	-0.2%
	FUL	F	-0.2%
	EXPE	B	-0.2%
	TPX	B	-0.17%
	TDC	D	-0.17%
	CEIX	A	-0.17%
	PBH	A	-0.17%
	SXT	B	-0.17%
	LTH	C	-0.16%
	GTLS	B	-0.16%
	NBIX	C	-0.16%
	UNF	B	-0.16%
	KFY	B	-0.16%
	AMT	D	-0.16%
	KWR	C	-0.15%
	WMG	C	-0.13%
	LEVI	F	-0.13%
	CNO	A	-0.12%
	ACIW	B	-0.12%
	MATX	C	-0.12%
	LULU	C	-0.12%
	SANM	B	-0.12%
	COR	B	-0.11%
	IGT	F	-0.11%
	HUBG	A	-0.11%
	MRK	F	-0.11%
	IBOC	A	-0.11%
	TGNA	B	-0.11%
	FN	D	-0.11%
	TEX	D	-0.11%
	USM	B	-0.1%
	ACT	D	-0.1%
	LRCX	F	-0.1%
	LBRT	D	-0.09%
	ACLS	F	-0.09%
	AMR	C	-0.09%
	LNW	D	-0.09%
	PTEN	C	-0.09%
	ICFI	F	-0.09%
	MORN	B	-0.08%
	ATKR	C	-0.08%
	BAH	F	-0.07%
	HALO	F	-0.06%
	IOSP	B	-0.06%
	ICUI	D	-0.05%
	WFRD	D	-0.05%
	WOR	F	-0.05%
	VRRM	D	-0.05%
	WFG	D	-0.04%
	JJSF	B	-0.04%
	MTX	B	-0.04%
	SHOO	D	-0.04%
	UFPI	B	-0.04%
	CPAY	A	-0.03%
	LII	A	-0.03%
	FIZZ	C	-0.03%
	POOL	C	-0.03%
	V	A	-0.02%
	CATY	B	-0.02%
	VRT	B	-0.02%
	ABG	B	-0.02%
	MUR	D	-0.02%
	IBP	D	-0.01%
	IESC	B	-0.01%
	AEO	F	-0.01%
	ONB	B	-0.01%
	SWX	B	-0.01%
	IFS	B	-0.01%
	FULT	A	-0.0%
	BOOT	D	-0.0%
	VLY	B	-0.0%
	KLAC	D	-0.0%
	CSWI	A	-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

GVLU: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Banks - Regional - US Engineering & Construction Medical Instruments & Supplies Packaging & Containers Oil & Gas E&P Oil & Gas Equipment & Services Specialty Retail Telecom Services Apparel Manufacturing Apparel Stores Insurance - Life Auto Parts Biotechnology Building Materials Health Care Plans

Keywords: S&P 500 Insurance Nasdaq 100 Mining Natural Gas Chemical Electronics Bank Insurance Products Computing Construction Telecommunications Aerospace Banking Clothing Medicine Retail Store Beverage E-Commerce Oil And Gas