VONV vs. IVE ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares S&P 500 Value ETF (IVE)

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

$83.07

Average Daily Volume

316,587

Number of Holdings ^*

839

* may have additional holdings in another (foreign) market

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$196.50

Average Daily Volume

462,299

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IVE
30 Days	2.34%	1.99%
60 Days	4.61%	4.38%
90 Days	9.07%	8.59%
12 Months	26.73%	29.99%

404 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IVE	Overlap
	A	C	0.17%	0.2%	0.17%
	ABBV	B	0.79%	1.03%	0.79%
	ABT	C	0.79%	0.95%	0.79%
	ACN	C	0.86%	0.46%	0.46%
	ADI	C	0.47%	0.22%	0.22%
	ADM	D	0.12%	0.14%	0.12%
	ADP	C	0.03%	0.33%	0.03%
	AEE	B	0.09%	0.11%	0.09%
	AEP	C	0.21%	0.26%	0.21%
	AES	C	0.05%	0.06%	0.05%
	AFL	A	0.25%	0.26%	0.25%
	AIG	D	0.21%	0.23%	0.21%
	AIZ	B	0.04%	0.05%	0.04%
	AJG	D	0.24%	0.14%	0.14%
	AKAM	D	0.06%	0.04%	0.04%
	ALB	D	0.04%	0.05%	0.04%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	C	0.17%	0.24%	0.17%
	ALLE	B	0.05%	0.04%	0.04%
	AMCR	B	0.07%	0.07%	0.07%
	AME	C	0.16%	0.1%	0.1%
	AMGN	D	0.16%	0.87%	0.16%
	AMP	B	0.02%	0.1%	0.02%
	ANSS	D	0.11%	0.06%	0.06%
	AON	B	0.27%	0.18%	0.18%
	AOS	B	0.04%	0.02%	0.02%
	APD	B	0.25%	0.31%	0.25%
	APH	C	0.13%	0.17%	0.13%
	APTV	D	0.08%	0.09%	0.08%
	ARE	C	0.08%	0.09%	0.08%
	ATO	B	0.08%	0.1%	0.08%
	AVB	C	0.13%	0.16%	0.13%
	AVY	C	0.04%	0.08%	0.04%
	AWK	C	0.11%	0.14%	0.11%
	AXP	B	0.37%	0.22%	0.22%
	AZO	B	0.02%	0.08%	0.02%
	BA	F	0.34%	0.24%	0.24%
	BAC	D	1.11%	1.3%	1.11%
	BALL	C	0.08%	0.1%	0.08%
	BAX	C	0.08%	0.09%	0.08%
	BBWI	D	0.03%	0.03%	0.03%
	BBY	A	0.09%	0.09%	0.09%
	BDX	D	0.28%	0.32%	0.28%
	BEN	F	0.02%	0.03%	0.02%
	BG	F	0.06%	0.07%	0.06%
	BIIB	F	0.12%	0.14%	0.12%
	BK	B	0.2%	0.25%	0.2%
	BKR	C	0.14%	0.17%	0.14%
	BLK	B	0.53%	0.62%	0.53%
	BMY	C	0.41%	0.48%	0.41%
	BR	C	0.01%	0.05%	0.01%
	BRK.A	C	3.5%	3.99%	3.5%
	BRO	C	0.06%	0.03%	0.03%
	BSX	B	0.48%	0.27%	0.27%
	BWA	C	0.03%	0.04%	0.03%
	BXP	C	0.05%	0.06%	0.05%
	C	C	0.48%	0.57%	0.48%
	CAG	B	0.06%	0.07%	0.06%
	CAH	C	0.04%	0.13%	0.04%
	CARR	B	0.2%	0.17%	0.17%
	CAT	B	0.6%	0.36%	0.36%
	CB	B	0.46%	0.52%	0.46%
	CBOE	C	0.09%	0.04%	0.04%
	CBRE	B	0.14%	0.18%	0.14%
	CCI	C	0.2%	0.24%	0.2%
	CCL	C	0.07%	0.03%	0.03%
	CDW	D	0.06%	0.08%	0.06%
	CEG	C	0.21%	0.21%	0.21%
	CF	B	0.06%	0.03%	0.03%
	CFG	D	0.08%	0.09%	0.08%
	CHD	C	0.1%	0.06%	0.06%
	CHRW	B	0.05%	0.06%	0.05%
	CHTR	D	0.13%	0.08%	0.08%
	CI	C	0.37%	0.48%	0.37%
	CINF	C	0.08%	0.1%	0.08%
	CL	C	0.16%	0.25%	0.16%
	CMCSA	C	0.62%	0.74%	0.62%
	CMI	B	0.17%	0.2%	0.17%
	CMS	B	0.08%	0.1%	0.08%
	CNC	D	0.17%	0.19%	0.17%
	CNP	C	0.07%	0.09%	0.07%
	COF	B	0.22%	0.28%	0.22%
	COP	F	0.54%	0.19%	0.19%
	CPB	C	0.04%	0.05%	0.04%
	CPT	C	0.05%	0.06%	0.05%
	CRL	F	0.04%	0.05%	0.04%
	CSCO	B	0.82%	1.0%	0.82%
	CSGP	D	0.13%	0.09%	0.09%
	CSX	C	0.27%	0.16%	0.16%
	CTAS	C	0.01%	0.15%	0.01%
	CTLT	B	0.04%	0.05%	0.04%
	CTRA	F	0.07%	0.03%	0.03%
	CTSH	B	0.16%	0.18%	0.16%
	CTVA	B	0.16%	0.19%	0.16%
	CVS	D	0.29%	0.35%	0.29%
	CVX	F	1.02%	1.19%	1.02%
	CZR	C	0.03%	0.02%	0.02%
	D	C	0.19%	0.23%	0.19%
	DAL	C	0.11%	0.06%	0.06%
	DAY	D	0.03%	0.02%	0.02%
	DD	B	0.14%	0.17%	0.14%
	DE	A	0.39%	0.21%	0.21%
	DELL	C	0.1%	0.08%	0.08%
	DFS	C	0.14%	0.08%	0.08%
	DG	F	0.07%	0.09%	0.07%
	DGX	B	0.07%	0.08%	0.07%
	DHR	B	0.72%	0.84%	0.72%
	DIS	D	0.67%	0.81%	0.67%
	DLR	B	0.2%	0.14%	0.14%
	DLTR	F	0.07%	0.07%	0.07%
	DOC	B	0.06%	0.07%	0.06%
	DOV	B	0.1%	0.12%	0.1%
	DOW	C	0.15%	0.17%	0.15%
	DPZ	D	0.04%	0.04%	0.04%
	DRI	C	0.04%	0.05%	0.04%
	DTE	A	0.1%	0.12%	0.1%
	DUK	B	0.35%	0.43%	0.35%
	DVN	F	0.11%	0.12%	0.11%
	EA	D	0.16%	0.09%	0.09%
	EBAY	B	0.12%	0.15%	0.12%
	ECL	B	0.03%	0.15%	0.03%
	ED	B	0.14%	0.17%	0.14%
	EFX	C	0.12%	0.11%	0.11%
	EG	B	0.06%	0.08%	0.06%
	EIX	B	0.13%	0.16%	0.13%
	EL	D	0.05%	0.09%	0.05%
	ELV	D	0.44%	0.6%	0.44%
	EMN	B	0.05%	0.06%	0.05%
	EMR	D	0.24%	0.29%	0.24%
	EOG	D	0.3%	0.12%	0.12%
	EPAM	F	0.04%	0.03%	0.03%
	EQIX	B	0.3%	0.21%	0.21%
	EQR	C	0.11%	0.13%	0.11%
	EQT	C	0.07%	0.1%	0.07%
	ES	B	0.1%	0.11%	0.1%
	ESS	C	0.08%	0.09%	0.08%
	ETN	C	0.49%	0.24%	0.24%
	ETR	A	0.1%	0.13%	0.1%
	EVRG	B	0.05%	0.07%	0.05%
	EW	F	0.14%	0.12%	0.12%
	EXC	B	0.15%	0.19%	0.15%
	EXPD	B	0.06%	0.05%	0.05%
	EXR	C	0.15%	0.18%	0.15%
	F	F	0.18%	0.2%	0.18%
	FAST	C	0.02%	0.1%	0.02%
	FCX	C	0.25%	0.15%	0.15%
	FDS	C	0.04%	0.05%	0.04%
	FDX	D	0.27%	0.28%	0.27%
	FE	B	0.1%	0.11%	0.1%
	FFIV	B	0.05%	0.06%	0.05%
	FIS	C	0.19%	0.22%	0.19%
	FITB	B	0.12%	0.14%	0.12%
	FMC	B	0.03%	0.04%	0.03%
	FOX	B	0.02%	0.02%	0.02%
	FOXA	B	0.04%	0.04%	0.04%
	FRT	C	0.04%	0.04%	0.04%
	FSLR	C	0.1%	0.12%	0.1%
	GD	C	0.33%	0.38%	0.33%
	GE	C	0.6%	0.55%	0.55%
	GEHC	B	0.13%	0.18%	0.13%
	GEV	B	0.22%	0.18%	0.18%
	GILD	B	0.4%	0.5%	0.4%
	GIS	B	0.16%	0.2%	0.16%
	GL	D	0.04%	0.05%	0.04%
	GLW	B	0.13%	0.16%	0.13%
	GM	C	0.23%	0.26%	0.23%
	GNRC	D	0.02%	0.02%	0.02%
	GPC	D	0.08%	0.09%	0.08%
	GPN	D	0.11%	0.14%	0.11%
	GRMN	D	0.11%	0.06%	0.06%
	GS	B	0.47%	0.75%	0.47%
	GWW	B	0.02%	0.05%	0.02%
	HAL	F	0.11%	0.12%	0.11%
	HAS	B	0.0%	0.04%	0.0%
	HBAN	B	0.09%	0.1%	0.09%
	HCA	B	0.23%	0.19%	0.19%
	HD	B	0.3%	1.17%	0.3%
	HIG	B	0.14%	0.16%	0.14%
	HII	F	0.04%	0.05%	0.04%
	HOLX	D	0.08%	0.09%	0.08%
	HON	C	0.46%	0.63%	0.46%
	HPE	C	0.1%	0.12%	0.1%
	HPQ	C	0.11%	0.16%	0.11%
	HRL	F	0.04%	0.04%	0.04%
	HSIC	C	0.04%	0.04%	0.04%
	HST	D	0.05%	0.02%	0.02%
	HSY	D	0.1%	0.09%	0.09%
	HUBB	B	0.09%	0.06%	0.06%
	HUM	F	0.17%	0.18%	0.17%
	HWM	B	0.15%	0.08%	0.08%
	IBM	B	0.74%	0.96%	0.74%
	ICE	C	0.37%	0.44%	0.37%
	IEX	C	0.06%	0.08%	0.06%
	IFF	A	0.11%	0.12%	0.11%
	INCY	C	0.05%	0.05%	0.05%
	INTC	D	0.38%	0.45%	0.38%
	INVH	D	0.09%	0.1%	0.09%
	IP	C	0.07%	0.08%	0.07%
	IPG	C	0.05%	0.06%	0.05%
	IQV	D	0.16%	0.12%	0.12%
	IR	B	0.15%	0.04%	0.04%
	IRM	C	0.06%	0.08%	0.06%
	ITW	B	0.19%	0.18%	0.18%
	IVZ	B	0.03%	0.04%	0.03%
	J	A	0.08%	0.09%	0.08%
	JBHT	D	0.06%	0.07%	0.06%
	JBL	C	0.05%	0.03%	0.03%
	JCI	B	0.17%	0.24%	0.17%
	JKHY	B	0.05%	0.06%	0.05%
	JNJ	C	1.61%	1.89%	1.61%
	JNPR	A	0.05%	0.06%	0.05%
	JPM	D	2.59%	2.88%	2.59%
	K	A	0.08%	0.1%	0.08%
	KDP	B	0.16%	0.19%	0.16%
	KEY	C	0.06%	0.08%	0.06%
	KEYS	B	0.11%	0.13%	0.11%
	KHC	C	0.13%	0.15%	0.13%
	KIM	C	0.06%	0.08%	0.06%
	KMB	C	0.11%	0.23%	0.11%
	KMI	C	0.17%	0.2%	0.17%
	KMX	D	0.05%	0.06%	0.05%
	KO	B	0.48%	0.81%	0.48%
	KR	B	0.14%	0.18%	0.14%
	KVUE	B	0.17%	0.21%	0.17%
	L	D	0.06%	0.07%	0.06%
	LDOS	A	0.09%	0.1%	0.09%
	LEN	B	0.18%	0.09%	0.09%
	LEN	B	0.01%	0.09%	0.01%
	LHX	C	0.18%	0.21%	0.18%
	LIN	B	0.92%	0.52%	0.52%
	LKQ	F	0.04%	0.05%	0.04%
	LMT	A	0.33%	0.58%	0.33%
	LNT	A	0.06%	0.07%	0.06%
	LOW	B	0.57%	0.71%	0.57%
	LUV	C	0.07%	0.08%	0.07%
	LW	D	0.02%	0.02%	0.02%
	LYB	D	0.1%	0.12%	0.1%
	MAA	C	0.08%	0.09%	0.08%
	MAS	B	0.07%	0.04%	0.04%
	MCD	B	0.78%	0.57%	0.57%
	MCHP	D	0.17%	0.08%	0.08%
	MCK	F	0.17%	0.32%	0.17%
	MDLZ	C	0.39%	0.28%	0.28%
	MDT	B	0.47%	0.55%	0.47%
	MET	B	0.19%	0.23%	0.19%
	MGM	D	0.04%	0.01%	0.01%
	MHK	B	0.03%	0.04%	0.03%
	MKC	C	0.08%	0.1%	0.08%
	MKTX	D	0.04%	0.05%	0.04%
	MLM	D	0.12%	0.06%	0.06%
	MMC	C	0.39%	0.25%	0.25%
	MMM	B	0.24%	0.35%	0.24%
	MNST	D	0.03%	0.07%	0.03%
	MO	C	0.37%	0.41%	0.37%
	MOH	D	0.03%	0.04%	0.03%
	MOS	F	0.04%	0.04%	0.04%
	MPC	F	0.25%	0.12%	0.12%
	MRNA	F	0.1%	0.11%	0.1%
	MRO	D	0.07%	0.04%	0.04%
	MS	B	0.45%	0.61%	0.45%
	MSCI	C	0.08%	0.09%	0.08%
	MSI	B	0.15%	0.15%	0.15%
	MTB	C	0.11%	0.14%	0.11%
	MTCH	C	0.04%	0.04%	0.04%
	MTD	C	0.12%	0.09%	0.09%
	MU	D	0.43%	0.48%	0.43%
	NDAQ	C	0.12%	0.15%	0.12%
	NDSN	C	0.06%	0.07%	0.06%
	NEE	B	0.66%	0.81%	0.66%
	NEM	C	0.25%	0.3%	0.25%
	NI	B	0.06%	0.07%	0.06%
	NKE	D	0.15%	0.28%	0.15%
	NOC	B	0.29%	0.35%	0.29%
	NRG	B	0.04%	0.09%	0.04%
	NSC	C	0.23%	0.27%	0.23%
	NTAP	D	0.06%	0.08%	0.06%
	NTRS	C	0.07%	0.09%	0.07%
	NUE	D	0.15%	0.06%	0.06%
	NWS	D	0.01%	0.01%	0.01%
	NWSA	D	0.04%	0.05%	0.04%
	O	B	0.21%	0.26%	0.21%
	OKE	C	0.22%	0.1%	0.1%
	OMC	B	0.08%	0.1%	0.08%
	ON	D	0.13%	0.08%	0.08%
	ORLY	B	0.02%	0.08%	0.02%
	OTIS	B	0.15%	0.11%	0.11%
	OXY	F	0.15%	0.17%	0.15%
	PARA	D	0.03%	0.03%	0.03%
	PAYC	D	0.01%	0.02%	0.01%
	PAYX	C	0.11%	0.12%	0.11%
	PCAR	D	0.2%	0.07%	0.07%
	PCG	C	0.17%	0.21%	0.17%
	PEG	B	0.16%	0.21%	0.16%
	PEP	D	0.2%	0.72%	0.2%
	PFE	D	0.66%	0.8%	0.66%
	PFG	B	0.08%	0.09%	0.08%
	PG	C	1.26%	1.2%	1.2%
	PGR	C	0.09%	0.36%	0.09%
	PH	B	0.31%	0.08%	0.08%
	PKG	B	0.07%	0.09%	0.07%
	PLD	C	0.47%	0.56%	0.47%
	PM	C	0.77%	0.57%	0.57%
	PNC	C	0.29%	0.35%	0.29%
	PNR	B	0.06%	0.02%	0.02%
	PNW	C	0.04%	0.05%	0.04%
	PPG	C	0.12%	0.14%	0.12%
	PPL	A	0.09%	0.11%	0.09%
	PRU	C	0.17%	0.21%	0.17%
	PSA	C	0.18%	0.16%	0.16%
	PSX	F	0.24%	0.26%	0.24%
	PTC	C	0.03%	0.04%	0.03%
	PWR	B	0.11%	0.06%	0.06%
	PYPL	B	0.3%	0.38%	0.3%
	QCOM	D	0.05%	0.43%	0.05%
	QRVO	F	0.04%	0.05%	0.04%
	REG	C	0.05%	0.06%	0.05%
	REGN	D	0.46%	0.23%	0.23%
	RF	B	0.09%	0.1%	0.09%
	RJF	C	0.09%	0.11%	0.09%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.1%	0.17%	0.1%
	ROK	D	0.11%	0.07%	0.07%
	ROP	C	0.24%	0.16%	0.16%
	RSG	D	0.17%	0.08%	0.08%
	RTX	B	0.66%	0.75%	0.66%
	SBAC	C	0.1%	0.07%	0.07%
	SBUX	C	0.1%	0.21%	0.1%
	SCHW	D	0.35%	0.47%	0.35%
	SHW	B	0.03%	0.21%	0.03%
	SJM	C	0.05%	0.06%	0.05%
	SLB	F	0.25%	0.29%	0.25%
	SNA	B	0.06%	0.04%	0.04%
	SO	B	0.38%	0.47%	0.38%
	SOLV	D	0.04%	0.05%	0.04%
	SPG	B	0.16%	0.15%	0.15%
	SPGI	C	0.64%	0.45%	0.45%
	SRE	B	0.21%	0.25%	0.21%
	STE	B	0.1%	0.05%	0.05%
	STLD	C	0.07%	0.03%	0.03%
	STT	B	0.11%	0.13%	0.11%
	STZ	C	0.15%	0.19%	0.15%
	SW	B	0.05%	0.11%	0.05%
	SWK	B	0.06%	0.08%	0.06%
	SWKS	F	0.07%	0.07%	0.07%
	SYF	C	0.08%	0.1%	0.08%
	SYK	C	0.37%	0.22%	0.22%
	SYY	C	0.06%	0.18%	0.06%
	T	B	0.57%	0.74%	0.57%
	TAP	D	0.04%	0.05%	0.04%
	TDY	B	0.08%	0.1%	0.08%
	TECH	C	0.05%	0.06%	0.05%
	TER	C	0.01%	0.1%	0.01%
	TFC	D	0.24%	0.27%	0.24%
	TFX	B	0.05%	0.05%	0.05%
	TGT	C	0.29%	0.34%	0.29%
	TJX	C	0.22%	0.22%	0.22%
	TMO	B	0.94%	0.7%	0.7%
	TMUS	B	0.39%	0.47%	0.39%
	TPR	A	0.04%	0.05%	0.04%
	TRMB	C	0.06%	0.07%	0.06%
	TROW	C	0.09%	0.12%	0.09%
	TRV	C	0.21%	0.26%	0.21%
	TSN	D	0.07%	0.08%	0.07%
	TT	B	0.22%	0.13%	0.13%
	TTWO	D	0.11%	0.06%	0.06%
	TXN	B	0.69%	0.56%	0.56%
	TXT	D	0.07%	0.08%	0.07%
	UAL	B	0.06%	0.08%	0.06%
	UDR	C	0.06%	0.07%	0.06%
	UHS	C	0.06%	0.07%	0.06%
	ULTA	D	0.01%	0.03%	0.01%
	UNH	C	2.03%	1.58%	1.58%
	UNP	D	0.33%	0.39%	0.33%
	UPS	D	0.38%	0.45%	0.38%
	USB	C	0.3%	0.34%	0.3%
	VICI	C	0.14%	0.17%	0.14%
	VLO	F	0.19%	0.21%	0.19%
	VLTO	B	0.06%	0.13%	0.06%
	VMC	C	0.1%	0.06%	0.06%
	VRSN	C	0.06%	0.04%	0.04%
	VRTX	D	0.26%	0.21%	0.21%
	VTR	C	0.1%	0.12%	0.1%
	VTRS	D	0.06%	0.07%	0.06%
	VZ	A	0.71%	0.89%	0.71%
	WAB	B	0.12%	0.15%	0.12%
	WAT	B	0.03%	0.06%	0.03%
	WBA	F	0.03%	0.03%	0.03%
	WBD	D	0.08%	0.09%	0.08%
	WDC	C	0.09%	0.1%	0.09%
	WEC	B	0.12%	0.14%	0.12%
	WELL	C	0.29%	0.35%	0.29%
	WFC	D	0.82%	0.92%	0.82%
	WMB	C	0.22%	0.16%	0.16%
	WMT	B	1.35%	1.64%	1.35%
	WRB	D	0.07%	0.08%	0.07%
	WTW	B	0.12%	0.14%	0.12%
	WY	C	0.09%	0.12%	0.09%
	XEL	B	0.14%	0.17%	0.14%
	XOM	D	2.12%	2.45%	2.12%
	XYL	C	0.13%	0.16%	0.13%
	YUM	B	0.09%	0.09%	0.09%
	ZBH	F	0.09%	0.1%	0.09%
	ZBRA	B	0.06%	0.09%	0.06%
	ZTS	B	0.06%	0.19%	0.06%

VONV Overweight 435 Positions Relative to IVE

	Symbol	Grade	Weight
	AMD	C	0.33%
	KKR	B	0.24%
	TDG	B	0.24%
	MRVL	D	0.24%
	MAR	B	0.22%
	DHI	C	0.22%
	ACGL	B	0.16%
	URI	B	0.15%
	ROST	C	0.15%
	FANG	F	0.14%
	CRM	C	0.14%
	HLT	B	0.11%
	NVR	B	0.11%
	PHM	B	0.11%
	FCNCA	D	0.1%
	RCL	B	0.1%
	FTV	C	0.1%
	SQ	D	0.09%
	BLDR	C	0.08%
	MSTR	C	0.08%
	LNG	D	0.08%
	ILMN	D	0.08%
	RS	D	0.07%
	WSO	C	0.07%
	SUI	C	0.07%
	ZM	C	0.07%
	BMRN	F	0.07%
	CSL	B	0.07%
	AVTR	C	0.07%
	TRU	B	0.07%
	GGG	C	0.06%
	RGA	C	0.06%
	OC	C	0.06%
	TOL	A	0.06%
	APO	B	0.06%
	FNF	B	0.06%
	MKL	C	0.06%
	RBA	D	0.06%
	UTHR	B	0.06%
	THC	C	0.06%
	SSNC	C	0.06%
	NVT	C	0.05%
	RPRX	C	0.05%
	RPM	B	0.05%
	ITT	B	0.05%
	BLD	C	0.05%
	OVV	F	0.05%
	FTI	D	0.05%
	EWBC	C	0.05%
	CUBE	C	0.05%
	RIVN	F	0.05%
	CW	B	0.05%
	DKS	D	0.05%
	CLH	C	0.05%
	WPC	C	0.05%
	RNR	B	0.05%
	AMAT	D	0.05%
	HOOD	C	0.05%
	IBKR	B	0.05%
	ELS	D	0.05%
	AMH	D	0.05%
	GLPI	C	0.05%
	USFD	C	0.05%
	ACM	B	0.05%
	HES	F	0.05%
	DCI	C	0.04%
	SF	B	0.04%
	TWLO	C	0.04%
	WAL	B	0.04%
	CG	C	0.04%
	EVR	B	0.04%
	INGR	B	0.04%
	NYT	B	0.04%
	EGP	C	0.04%
	FTNT	B	0.04%
	WST	D	0.04%
	CNH	C	0.04%
	ORI	B	0.04%
	FHN	D	0.04%
	GPK	C	0.04%
	PRI	B	0.04%
	SNX	C	0.04%
	CHRD	F	0.04%
	EHC	B	0.04%
	RGLD	C	0.04%
	AFG	C	0.04%
	ARMK	B	0.04%
	TTC	F	0.04%
	OHI	C	0.04%
	PFGC	B	0.04%
	CHK	C	0.04%
	WTRG	D	0.04%
	WWD	C	0.04%
	TTEK	C	0.04%
	DOX	C	0.04%
	AFRM	D	0.04%
	QGEN	C	0.04%
	ATR	B	0.04%
	ALLY	F	0.04%
	COHR	C	0.04%
	APA	F	0.04%
	CVNA	B	0.04%
	BJ	D	0.04%
	CCK	B	0.04%
	UNM	B	0.04%
	CACI	B	0.04%
	CE	D	0.04%
	REXR	C	0.04%
	NTNX	D	0.04%
	EME	B	0.04%
	CASY	D	0.04%
	RRX	C	0.04%
	SCI	C	0.04%
	R	C	0.03%
	GME	D	0.03%
	VFC	B	0.03%
	FAF	B	0.03%
	RHI	D	0.03%
	FICO	B	0.03%
	AAL	D	0.03%
	WMS	D	0.03%
	LSTR	D	0.03%
	MAT	D	0.03%
	BIO	C	0.03%
	FLS	C	0.03%
	CGNX	F	0.03%
	BPOP	C	0.03%
	Z	C	0.03%
	LEA	D	0.03%
	PB	D	0.03%
	CFR	C	0.03%
	DAR	F	0.03%
	LFUS	C	0.03%
	GWRE	B	0.03%
	SAIC	C	0.03%
	SNV	D	0.03%
	OKTA	F	0.03%
	XP	D	0.03%
	MSA	D	0.03%
	MTG	B	0.03%
	EXAS	D	0.03%
	SEIC	B	0.03%
	BFAM	C	0.03%
	G	C	0.03%
	SOFI	D	0.03%
	KEX	C	0.03%
	WSM	C	0.03%
	SWN	C	0.03%
	NOV	F	0.03%
	SSD	C	0.03%
	OSK	F	0.03%
	PR	F	0.03%
	JAZZ	D	0.03%
	FYBR	C	0.03%
	HRB	C	0.03%
	WTFC	C	0.03%
	RRC	D	0.03%
	MTZ	C	0.03%
	AGNC	B	0.03%
	CROX	C	0.03%
	ZION	D	0.03%
	VOYA	B	0.03%
	RGEN	F	0.03%
	WCC	C	0.03%
	WEX	C	0.03%
	ADC	C	0.03%
	GNTX	D	0.03%
	WYNN	C	0.03%
	ROKU	D	0.03%
	ARW	B	0.03%
	BRBR	B	0.03%
	HLI	C	0.03%
	STAG	D	0.03%
	ACHC	D	0.03%
	BWXT	A	0.03%
	FR	C	0.03%
	MKSI	F	0.03%
	MIDD	C	0.03%
	FND	C	0.03%
	PNFP	C	0.03%
	CRBG	C	0.03%
	CMA	C	0.03%
	ELAN	D	0.03%
	CBSH	D	0.03%
	DTM	C	0.03%
	LECO	D	0.03%
	CR	B	0.03%
	JEF	C	0.03%
	ONTO	C	0.03%
	CHE	C	0.03%
	AR	C	0.03%
	CRUS	D	0.03%
	AYI	B	0.03%
	ATI	C	0.03%
	OGE	B	0.03%
	COKE	C	0.03%
	DINO	F	0.03%
	BERY	B	0.03%
	AXTA	B	0.03%
	FCN	C	0.03%
	AA	C	0.03%
	TKO	A	0.03%
	APG	F	0.03%
	WBS	C	0.03%
	ALSN	B	0.03%
	BKNG	B	0.03%
	GMED	D	0.03%
	LAD	B	0.03%
	LAMR	B	0.03%
	KNX	C	0.03%
	ACI	F	0.03%
	BRX	C	0.03%
	COLD	D	0.03%
	CIEN	B	0.03%
	TW	B	0.03%
	JLL	B	0.03%
	KBR	D	0.03%
	SKX	C	0.03%
	X	F	0.03%
	RBC	B	0.03%
	NNN	B	0.03%
	TYL	C	0.02%
	DXC	D	0.02%
	MSM	D	0.02%
	KMPR	D	0.02%
	LITE	B	0.02%
	NEU	D	0.02%
	LSXMK	D	0.02%
	W	C	0.02%
	IAC	C	0.02%
	PRGO	F	0.02%
	SITE	D	0.02%
	CPRI	D	0.02%
	DOCS	B	0.02%
	CLF	F	0.02%
	BYD	C	0.02%
	UHAL	B	0.02%
	SAIA	D	0.02%
	DLB	D	0.02%
	BILL	D	0.02%
	KRC	C	0.02%
	AGO	D	0.02%
	M	F	0.02%
	CUZ	C	0.02%
	FRPT	C	0.02%
	SLGN	B	0.02%
	FLO	C	0.02%
	DBX	C	0.02%
	PSN	B	0.02%
	PII	D	0.02%
	CIVI	F	0.02%
	OLED	D	0.02%
	ASH	F	0.02%
	GAP	F	0.02%
	HOG	C	0.02%
	ALK	B	0.02%
	S	D	0.02%
	RYN	C	0.02%
	GFS	F	0.02%
	AN	C	0.02%
	OZK	F	0.02%
	WTM	F	0.02%
	EEFT	F	0.02%
	ZG	C	0.02%
	AL	C	0.02%
	SEE	C	0.02%
	SLM	C	0.02%
	WLK	C	0.02%
	JHG	B	0.02%
	AVT	B	0.02%
	WSC	D	0.02%
	SN	B	0.02%
	IDA	B	0.02%
	OLN	D	0.02%
	MDU	B	0.02%
	XRAY	D	0.02%
	HXL	F	0.02%
	THG	C	0.02%
	COLB	B	0.02%
	UGI	B	0.02%
	WHR	C	0.02%
	FNB	D	0.02%
	BC	C	0.02%
	KD	F	0.02%
	VNT	F	0.02%
	NFG	B	0.02%
	THO	C	0.02%
	TKR	C	0.02%
	OLLI	C	0.02%
	SRCL	B	0.02%
	LBRDK	C	0.02%
	LNC	C	0.02%
	SON	D	0.02%
	AMG	C	0.02%
	OMF	D	0.02%
	WH	B	0.02%
	PVH	D	0.02%
	AGCO	D	0.02%
	DASH	B	0.02%
	H	B	0.02%
	VMI	C	0.02%
	POST	B	0.02%
	OGN	D	0.02%
	ST	D	0.02%
	COIN	F	0.02%
	GXO	D	0.02%
	ESAB	C	0.02%
	RLI	B	0.02%
	ESI	C	0.02%
	VNO	B	0.02%
	MTSI	C	0.02%
	MTDR	F	0.02%
	STWD	B	0.02%
	AXS	B	0.02%
	SNDR	B	0.01%
	LYFT	D	0.01%
	CERT	F	0.01%
	WEN	C	0.01%
	TRIP	F	0.01%
	INFA	D	0.01%
	LEG	D	0.01%
	MP	C	0.01%
	UAA	C	0.01%
	REYN	C	0.01%
	BROS	D	0.01%
	PPC	D	0.01%
	AZEK	C	0.01%
	GO	F	0.01%
	ALGM	D	0.01%
	VSTS	D	0.01%
	FTRE	F	0.01%
	LPX	B	0.01%
	PSTG	F	0.01%
	SHC	C	0.01%
	IPGP	D	0.01%
	SAM	D	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	GLOB	D	0.01%
	ADTN	C	0.01%
	HAYW	C	0.01%
	EXP	B	0.01%
	KSS	D	0.01%
	RCM	C	0.01%
	ETSY	D	0.01%
	JWN	C	0.01%
	HHH	C	0.01%
	CRI	D	0.01%
	BOKF	C	0.01%
	YETI	D	0.01%
	PINC	D	0.01%
	MASI	C	0.01%
	AGR	C	0.01%
	VIRT	C	0.01%
	ENOV	F	0.01%
	CWEN	A	0.01%
	BRKR	D	0.01%
	VAC	D	0.01%
	MPW	C	0.01%
	AAP	F	0.01%
	CC	D	0.01%
	COLM	C	0.01%
	AZTA	F	0.01%
	U	D	0.01%
	RKT	C	0.01%
	CNM	F	0.01%
	SPB	B	0.01%
	CLVT	D	0.01%
	PENN	D	0.01%
	IRDM	C	0.01%
	BHF	F	0.01%
	LOPE	D	0.01%
	CACC	F	0.01%
	NWL	C	0.01%
	SMG	B	0.01%
	RH	C	0.01%
	TNL	C	0.01%
	ZI	D	0.01%
	FHB	D	0.01%
	AM	B	0.01%
	AMED	D	0.01%
	PAG	D	0.01%
	NVST	D	0.01%
	CPRT	D	0.01%
	PK	D	0.01%
	TPG	C	0.01%
	PLNT	C	0.01%
	NXST	D	0.01%
	NSA	C	0.01%
	HIW	C	0.01%
	WU	C	0.01%
	MAN	C	0.01%
	EPR	C	0.01%
	MSGS	B	0.01%
	LCID	C	0.01%
	SPR	D	0.01%
	CNXC	F	0.01%
	HUN	C	0.01%
	DNB	D	0.01%
	AWI	B	0.01%
	COTY	D	0.01%
	ALNY	C	0.01%
	AMKR	F	0.01%
	GTES	C	0.01%
	UHAL	B	0.0%
	SEG	F	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	DJT	F	0.0%
	UI	B	0.0%
	IONS	F	0.0%
	LBRDA	C	0.0%
	PLTK	C	0.0%
	CHH	B	0.0%
	CACC	F	0.0%
	SIRI	C	0.0%
	TFSL	D	0.0%
	PATH	D	0.0%
	HCP	A	0.0%
	CWEN	A	0.0%
	SEB	D	0.0%
	TXG	D	0.0%
	FIVE	D	0.0%
	CAR	D	0.0%
	LSCC	D	0.0%
	PYCR	D	0.0%
	NCNO	F	0.0%
	DDS	D	0.0%
	AMC	F	0.0%
	MTN	D	0.0%
	CNA	D	0.0%
	UA	C	0.0%
	WOLF	F	0.0%
	EXEL	C	0.0%
	DV	F	0.0%

VONV Underweight 33 Positions Relative to IVE

	Symbol	Grade	Weight
	COST	C	-1.12%
	MRK	F	-0.85%
	V	C	-0.77%
	MA	B	-0.54%
	AMT	C	-0.31%
	ISRG	C	-0.28%
	CME	B	-0.23%
	FI	B	-0.23%
	MCO	C	-0.2%
	WM	D	-0.19%
	COR	F	-0.19%
	BX	C	-0.15%
	ABNB	D	-0.14%
	TEL	D	-0.13%
	ADSK	B	-0.13%
	CLX	C	-0.1%
	IDXX	D	-0.09%
	LH	D	-0.09%
	VRSK	D	-0.08%
	TSCO	B	-0.08%
	GEN	A	-0.07%
	NXPI	D	-0.07%
	RVTY	B	-0.07%
	COO	C	-0.06%
	STX	B	-0.06%
	ENPH	D	-0.05%
	PODD	C	-0.05%
	DXCM	F	-0.05%
	ROL	C	-0.04%
	ERIE	B	-0.03%
	LVS	C	-0.03%
	POOL	C	-0.03%
	DVA	B	-0.02%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Oil & Gas E&P Software - Application Asset Management Semiconductors Business Services Specialty Retail Biotechnology Capital Markets Packaged Foods Specialty Chemicals Diagnostics & Research 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 Beverage Biotechnology Dow Jones Component Plastic

IVE: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Banks - Regional - US Capital Markets Packaged Foods Semiconductors Drug Manufacturers - Major Medical Devices Medical Instruments & Supplies Aerospace & Defense Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty Oil & Gas E&P REIT - Residential Software - Application

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