VONV vs. IWR ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares Russell Mid-Cap ETF (IWR)

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

$77.05

Average Daily Volume

302,379

Number of Holdings ^*

816

* may have additional holdings in another (foreign) market

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. 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. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000® Index.

Grade (RS Rating)

Last Trade

$81.30

Average Daily Volume

1,178,768

Number of Holdings ^*

804

* may have additional holdings in another (foreign) market

Performance

Period	VONV	IWR
30 Days	-1.70%	-2.21%
60 Days	2.95%	3.50%
90 Days	-0.14%	-1.62%
12 Months	15.29%	15.60%

674 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in IWR	Overlap
	A	C	0.04%	0.36%	0.04%
	AA	C	0.03%	0.06%	0.03%
	AAL	F	0.03%	0.07%	0.03%
	AAP	C	0.02%	0.03%	0.02%
	ACGL	A	0.14%	0.33%	0.14%
	ACHC	D	0.03%	0.06%	0.03%
	ACI	F	0.04%	0.08%	0.04%
	ACM	C	0.06%	0.11%	0.06%
	ADC	B	0.03%	0.06%	0.03%
	AEE	D	0.09%	0.17%	0.09%
	AES	C	0.02%	0.11%	0.02%
	AFG	C	0.04%	0.08%	0.04%
	AFL	A	0.23%	0.47%	0.23%
	AFRM	F	0.03%	0.06%	0.03%
	AGCO	F	0.03%	0.06%	0.03%
	AGL	D	0.0%	0.02%	0.0%
	AGNC	A	0.03%	0.06%	0.03%
	AGO	C	0.02%	0.04%	0.02%
	AGR	D	0.01%	0.02%	0.01%
	AIRC	A	0.03%	0.05%	0.03%
	AIZ	C	0.04%	0.08%	0.04%
	AJG	A	0.23%	0.51%	0.23%
	AKAM	F	0.07%	0.12%	0.07%
	AL	C	0.02%	0.04%	0.02%
	ALB	F	0.07%	0.11%	0.07%
	ALK	D	0.03%	0.05%	0.03%
	ALL	C	0.21%	0.38%	0.21%
	ALLE	D	0.0%	0.09%	0.0%
	ALLY	B	0.05%	0.1%	0.05%
	ALNY	C	0.02%	0.17%	0.02%
	ALSN	C	0.03%	0.06%	0.03%
	AM	B	0.01%	0.04%	0.01%
	AMC	D	0.0%	0.01%	0.0%
	AMCR	B	0.06%	0.13%	0.06%
	AME	D	0.19%	0.36%	0.19%
	AMED	F	0.01%	0.03%	0.01%
	AMG	C	0.02%	0.05%	0.02%
	AMH	C	0.06%	0.11%	0.06%
	AN	C	0.02%	0.04%	0.02%
	ANSS	C	0.02%	0.26%	0.02%
	AOS	C	0.04%	0.09%	0.04%
	APA	F	0.01%	0.09%	0.01%
	APH	B	0.17%	0.74%	0.17%
	APP	C	0.05%	0.15%	0.05%
	APTV	F	0.09%	0.17%	0.09%
	AR	C	0.05%	0.08%	0.05%
	ARE	D	0.1%	0.18%	0.1%
	ARMK	A	0.04%	0.08%	0.04%
	ARW	C	0.03%	0.06%	0.03%
	ASH	C	0.02%	0.04%	0.02%
	ATO	B	0.08%	0.16%	0.08%
	ATR	B	0.05%	0.09%	0.05%
	AVB	A	0.13%	0.26%	0.13%
	AVT	B	0.02%	0.04%	0.02%
	AVTR	D	0.08%	0.13%	0.08%
	AVY	A	0.06%	0.17%	0.06%
	AWI	D	0.02%	0.05%	0.02%
	AWK	B	0.11%	0.23%	0.11%
	AXS	B	0.02%	0.05%	0.02%
	AXTA	B	0.03%	0.07%	0.03%
	AYI	D	0.04%	0.07%	0.04%
	AZEK	C	0.03%	0.06%	0.03%
	AZTA	B	0.01%	0.03%	0.01%
	BALL	D	0.1%	0.17%	0.1%
	BAX	D	0.1%	0.15%	0.1%
	BBWI	D	0.05%	0.09%	0.05%
	BBY	A	0.06%	0.16%	0.06%
	BC	F	0.02%	0.05%	0.02%
	BEN	D	0.03%	0.06%	0.03%
	BERY	B	0.03%	0.06%	0.03%
	BFAM	D	0.02%	0.05%	0.02%
	BG	D	0.07%	0.13%	0.07%
	BHF	D	0.01%	0.02%	0.01%
	BIIB	C	0.15%	0.29%	0.15%
	BILL	F	0.03%	0.04%	0.03%
	BIO	F	0.03%	0.05%	0.03%
	BIRK	A	0.0%	0.01%	0.0%
	BJ	B	0.03%	0.11%	0.03%
	BK	B	0.2%	0.4%	0.2%
	BKR	C	0.16%	0.29%	0.16%
	BLD	C	0.06%	0.12%	0.06%
	BLDR	F	0.11%	0.16%	0.11%
	BMRN	C	0.06%	0.14%	0.06%
	BOKF	C	0.01%	0.02%	0.01%
	BPOP	C	0.03%	0.05%	0.03%
	BR	B	0.02%	0.21%	0.02%
	BRO	A	0.06%	0.2%	0.06%
	BRX	B	0.03%	0.06%	0.03%
	BSY	C	0.0%	0.09%	0.0%
	BWA	F	0.04%	0.07%	0.04%
	BWXT	C	0.03%	0.08%	0.03%
	BXP	C	0.05%	0.09%	0.05%
	BYD	F	0.02%	0.03%	0.02%
	CABO	F	0.01%	0.02%	0.01%
	CACC	D	0.01%	0.03%	0.01%
	CACC	D	0.02%	0.03%	0.02%
	CACI	A	0.04%	0.09%	0.04%
	CAG	D	0.07%	0.12%	0.07%
	CAH	C	0.06%	0.23%	0.06%
	CAR	D	0.01%	0.02%	0.01%
	CARR	B	0.2%	0.49%	0.2%
	CASY	B	0.05%	0.13%	0.05%
	CBRE	B	0.13%	0.24%	0.13%
	CBSH	D	0.03%	0.06%	0.03%
	CC	F	0.02%	0.03%	0.02%
	CCK	D	0.04%	0.07%	0.04%
	CCL	C	0.07%	0.14%	0.07%
	CDW	C	0.01%	0.28%	0.01%
	CE	D	0.07%	0.12%	0.07%
	CEG	B	0.29%	0.64%	0.29%
	CERT	F	0.01%	0.01%	0.01%
	CF	D	0.07%	0.13%	0.07%
	CFG	C	0.08%	0.15%	0.08%
	CFR	D	0.03%	0.05%	0.03%
	CG	C	0.05%	0.08%	0.05%
	CGNX	B	0.03%	0.07%	0.03%
	CHD	A	0.01%	0.24%	0.01%
	CHE	D	0.01%	0.07%	0.01%
	CHK	D	0.05%	0.09%	0.05%
	CHRW	B	0.01%	0.09%	0.01%
	CIEN	F	0.03%	0.06%	0.03%
	CINF	C	0.08%	0.16%	0.08%
	CLF	F	0.04%	0.07%	0.04%
	CLH	A	0.05%	0.1%	0.05%
	CLVT	F	0.01%	0.02%	0.01%
	CMA	D	0.03%	0.06%	0.03%
	CMI	C	0.18%	0.34%	0.18%
	CMS	D	0.08%	0.16%	0.08%
	CNA	B	0.01%	0.01%	0.01%
	CNH	F	0.05%	0.09%	0.05%
	CNM	C	0.05%	0.08%	0.05%
	CNP	A	0.09%	0.18%	0.09%
	CNXC	C	0.01%	0.02%	0.01%
	COHR	B	0.03%	0.09%	0.03%
	COIN	C	0.17%	0.37%	0.17%
	COLB	F	0.02%	0.03%	0.02%
	COLD	C	0.03%	0.07%	0.03%
	COLM	B	0.01%	0.03%	0.01%
	COTY	F	0.02%	0.03%	0.02%
	CPAY	D	0.01%	0.16%	0.01%
	CPB	C	0.04%	0.08%	0.04%
	CPRI	F	0.02%	0.03%	0.02%
	CPT	A	0.05%	0.1%	0.05%
	CR	B	0.03%	0.06%	0.03%
	CRI	F	0.01%	0.02%	0.01%
	CRL	D	0.06%	0.1%	0.06%
	CRUS	B	0.02%	0.06%	0.02%
	CSGP	F	0.1%	0.27%	0.1%
	CSL	B	0.09%	0.18%	0.09%
	CTAS	A	0.03%	0.56%	0.03%
	CTLT	C	0.05%	0.09%	0.05%
	CTRA	D	0.1%	0.18%	0.1%
	CTSH	C	0.16%	0.3%	0.16%
	CTVA	C	0.18%	0.33%	0.18%
	CUBE	B	0.04%	0.09%	0.04%
	CUZ	C	0.02%	0.03%	0.02%
	CW	B	0.05%	0.1%	0.05%
	CWEN	C	0.0%	0.01%	0.0%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.0%	0.02%	0.0%
	CZR	C	0.02%	0.07%	0.02%
	DAL	D	0.15%	0.29%	0.15%
	DAR	F	0.03%	0.05%	0.03%
	DASH	D	0.04%	0.32%	0.04%
	DAY	F	0.04%	0.07%	0.04%
	DBX	F	0.0%	0.05%	0.0%
	DCI	D	0.02%	0.08%	0.02%
	DD	B	0.15%	0.31%	0.15%
	DFS	B	0.15%	0.29%	0.15%
	DGX	B	0.07%	0.14%	0.07%
	DHI	D	0.21%	0.38%	0.21%
	DINO	D	0.04%	0.08%	0.04%
	DKS	B	0.05%	0.12%	0.05%
	DLB	D	0.02%	0.04%	0.02%
	DLR	B	0.2%	0.42%	0.2%
	DLTR	F	0.12%	0.2%	0.12%
	DNA	F	0.01%	0.01%	0.01%
	DNB	F	0.01%	0.02%	0.01%
	DOC	B	0.06%	0.12%	0.06%
	DOCS	C	0.01%	0.03%	0.01%
	DOV	B	0.12%	0.23%	0.12%
	DOX	F	0.05%	0.08%	0.05%
	DRI	C	0.05%	0.16%	0.05%
	DRVN	F	0.0%	0.01%	0.0%
	DTE	C	0.11%	0.21%	0.11%
	DTM	A	0.03%	0.06%	0.03%
	DVN	D	0.16%	0.26%	0.16%
	DXC	D	0.02%	0.03%	0.02%
	EA	B	0.16%	0.34%	0.16%
	EBAY	B	0.12%	0.26%	0.12%
	ED	D	0.16%	0.28%	0.16%
	EEFT	D	0.01%	0.04%	0.01%
	EFX	B	0.04%	0.27%	0.04%
	EG	B	0.06%	0.15%	0.06%
	EGP	C	0.03%	0.07%	0.03%
	EHC	B	0.04%	0.08%	0.04%
	EIX	C	0.13%	0.24%	0.13%
	ELAN	B	0.03%	0.08%	0.03%
	ELS	C	0.03%	0.1%	0.03%
	EME	B	0.05%	0.16%	0.05%
	EMN	C	0.05%	0.11%	0.05%
	ENOV	F	0.01%	0.02%	0.01%
	ENTG	C	0.09%	0.19%	0.09%
	EPR	C	0.01%	0.03%	0.01%
	EQR	A	0.11%	0.23%	0.11%
	EQT	D	0.07%	0.12%	0.07%
	ES	D	0.1%	0.18%	0.1%
	ESAB	C	0.03%	0.05%	0.03%
	ESI	A	0.02%	0.06%	0.02%
	ESS	A	0.08%	0.16%	0.08%
	ETR	D	0.11%	0.2%	0.11%
	ETSY	F	0.02%	0.06%	0.02%
	EVR	B	0.03%	0.07%	0.03%
	EVRG	C	0.06%	0.11%	0.06%
	EWBC	C	0.05%	0.09%	0.05%
	EXAS	D	0.03%	0.07%	0.03%
	EXEL	D	0.01%	0.06%	0.01%
	EXP	D	0.01%	0.07%	0.01%
	EXPD	B	0.07%	0.16%	0.07%
	EXPE	C	0.02%	0.15%	0.02%
	EXR	B	0.13%	0.3%	0.13%
	FAF	D	0.03%	0.05%	0.03%
	FANG	C	0.17%	0.3%	0.17%
	FAST	C	0.05%	0.34%	0.05%
	FCN	D	0.03%	0.06%	0.03%
	FCNCA	D	0.08%	0.16%	0.08%
	FE	D	0.1%	0.19%	0.1%
	FFIV	D	0.05%	0.09%	0.05%
	FHB	C	0.01%	0.02%	0.01%
	FHN	D	0.04%	0.07%	0.04%
	FIS	B	0.19%	0.41%	0.19%
	FITB	C	0.12%	0.22%	0.12%
	FLO	D	0.02%	0.04%	0.02%
	FLS	C	0.03%	0.06%	0.03%
	FMC	F	0.03%	0.06%	0.03%
	FNB	C	0.02%	0.04%	0.02%
	FNF	C	0.06%	0.11%	0.06%
	FOX	B	0.02%	0.04%	0.02%
	FOXA	A	0.04%	0.07%	0.04%
	FR	D	0.03%	0.06%	0.03%
	FRPT	B	0.02%	0.05%	0.02%
	FRT	C	0.04%	0.07%	0.04%
	FSLR	C	0.09%	0.25%	0.09%
	FTI	C	0.05%	0.1%	0.05%
	FTRE	F	0.02%	0.02%	0.02%
	FTV	D	0.13%	0.23%	0.13%
	FYBR	C	0.03%	0.06%	0.03%
	G	D	0.02%	0.05%	0.02%
	GDDY	B	0.03%	0.17%	0.03%
	GFS	C	0.02%	0.04%	0.02%
	GGG	D	0.04%	0.12%	0.04%
	GL	C	0.03%	0.06%	0.03%
	GLPI	C	0.05%	0.1%	0.05%
	GLW	A	0.12%	0.28%	0.12%
	GME	C	0.01%	0.06%	0.01%
	GMED	A	0.02%	0.07%	0.02%
	GNRC	D	0.04%	0.08%	0.04%
	GNTX	D	0.04%	0.07%	0.04%
	GO	D	0.01%	0.02%	0.01%
	GPC	D	0.11%	0.18%	0.11%
	GPK	D	0.02%	0.08%	0.02%
	GPN	F	0.15%	0.21%	0.15%
	GPS	C	0.02%	0.05%	0.02%
	GRMN	B	0.11%	0.22%	0.11%
	GTES	D	0.01%	0.03%	0.01%
	GWRE	A	0.04%	0.1%	0.04%
	GXO	F	0.03%	0.05%	0.03%
	H	C	0.03%	0.06%	0.03%
	HAL	D	0.13%	0.27%	0.13%
	HAS	C	0.04%	0.07%	0.04%
	HAYW	D	0.01%	0.02%	0.01%
	HBAN	C	0.09%	0.16%	0.09%
	HCP	B	0.0%	0.03%	0.0%
	HE	F	0.01%	0.01%	0.01%
	HEI	B	0.01%	0.13%	0.01%
	HEI	B	0.01%	0.13%	0.01%
	HEI	B	0.01%	0.09%	0.01%
	HEI	B	0.01%	0.09%	0.01%
	HES	D	0.09%	0.36%	0.09%
	HIG	A	0.14%	0.27%	0.14%
	HII	D	0.05%	0.09%	0.05%
	HIW	B	0.01%	0.02%	0.01%
	HLI	C	0.03%	0.06%	0.03%
	HLT	A	0.13%	0.49%	0.13%
	HOG	D	0.02%	0.04%	0.02%
	HOLX	D	0.08%	0.15%	0.08%
	HOOD	C	0.05%	0.12%	0.05%
	HPE	B	0.11%	0.26%	0.11%
	HPQ	B	0.09%	0.29%	0.09%
	HRB	A	0.01%	0.07%	0.01%
	HRL	F	0.05%	0.08%	0.05%
	HSIC	D	0.04%	0.08%	0.04%
	HST	D	0.06%	0.11%	0.06%
	HTZ	F	0.0%	0.0%	0.0%
	HUBB	C	0.05%	0.19%	0.05%
	HUN	D	0.02%	0.03%	0.02%
	HWM	B	0.12%	0.28%	0.12%
	HXL	D	0.03%	0.05%	0.03%
	IAC	F	0.02%	0.03%	0.02%
	IART	D	0.01%	0.02%	0.01%
	IBKR	B	0.06%	0.11%	0.06%
	ICLR	B	0.1%	0.23%	0.1%
	ICUI	B	0.01%	0.02%	0.01%
	IDA	D	0.02%	0.04%	0.02%
	IEX	D	0.07%	0.14%	0.07%
	IFF	B	0.1%	0.22%	0.1%
	ILMN	F	0.07%	0.15%	0.07%
	INCY	B	0.01%	0.1%	0.01%
	INFA	C	0.01%	0.01%	0.01%
	INGR	D	0.04%	0.07%	0.04%
	INVH	A	0.1%	0.2%	0.1%
	IONS	C	0.0%	0.05%	0.0%
	IP	A	0.06%	0.14%	0.06%
	IPG	F	0.06%	0.1%	0.06%
	IPGP	F	0.01%	0.02%	0.01%
	IQV	D	0.01%	0.35%	0.01%
	IR	B	0.18%	0.35%	0.18%
	IRDM	F	0.0%	0.03%	0.0%
	IRM	A	0.05%	0.23%	0.05%
	ITT	C	0.05%	0.1%	0.05%
	IVZ	C	0.02%	0.05%	0.02%
	J	C	0.09%	0.16%	0.09%
	JAZZ	F	0.02%	0.06%	0.02%
	JBHT	F	0.05%	0.12%	0.05%
	JBL	F	0.03%	0.14%	0.03%
	JEF	B	0.04%	0.08%	0.04%
	JHG	B	0.02%	0.04%	0.02%
	JKHY	C	0.04%	0.11%	0.04%
	JLL	A	0.04%	0.09%	0.04%
	JNPR	B	0.05%	0.1%	0.05%
	JWN	C	0.01%	0.02%	0.01%
	K	D	0.07%	0.14%	0.07%
	KBR	C	0.03%	0.08%	0.03%
	KD	C	0.02%	0.05%	0.02%
	KEX	B	0.03%	0.06%	0.03%
	KEY	D	0.06%	0.11%	0.06%
	KEYS	D	0.09%	0.21%	0.09%
	KIM	B	0.06%	0.11%	0.06%
	KKR	B	0.22%	0.66%	0.22%
	KLG	F	0.01%	0.01%	0.01%
	KMPR	C	0.02%	0.03%	0.02%
	KMX	C	0.05%	0.1%	0.05%
	KNX	F	0.03%	0.07%	0.03%
	KR	D	0.17%	0.31%	0.17%
	KRC	F	0.02%	0.03%	0.02%
	KSS	D	0.01%	0.02%	0.01%
	L	C	0.07%	0.13%	0.07%
	LAD	F	0.03%	0.06%	0.03%
	LAMR	C	0.01%	0.09%	0.01%
	LBRDA	F	0.0%	0.01%	0.0%
	LBRDK	F	0.02%	0.05%	0.02%
	LCID	F	0.01%	0.02%	0.01%
	LDOS	B	0.09%	0.18%	0.09%
	LEA	F	0.03%	0.06%	0.03%
	LECO	F	0.0%	0.09%	0.0%
	LEG	F	0.01%	0.01%	0.01%
	LEN	D	0.0%	0.33%	0.0%
	LEN	D	0.0%	0.02%	0.0%
	LEN	D	0.18%	0.02%	0.02%
	LEN	D	0.18%	0.33%	0.18%
	LFUS	B	0.03%	0.06%	0.03%
	LH	C	0.08%	0.16%	0.08%
	LII	A	0.07%	0.16%	0.07%
	LITE	B	0.01%	0.03%	0.01%
	LKQ	F	0.05%	0.1%	0.05%
	LNC	B	0.02%	0.05%	0.02%
	LNT	C	0.06%	0.11%	0.06%
	LOPE	C	0.01%	0.04%	0.01%
	LPX	C	0.02%	0.05%	0.02%
	LSTR	B	0.01%	0.06%	0.01%
	LUV	C	0.07%	0.15%	0.07%
	LW	D	0.0%	0.11%	0.0%
	LYB	D	0.12%	0.22%	0.12%
	LYV	C	0.05%	0.13%	0.05%
	M	D	0.02%	0.04%	0.02%
	MAA	B	0.07%	0.15%	0.07%
	MAN	D	0.02%	0.03%	0.02%
	MAS	D	0.07%	0.14%	0.07%
	MAT	D	0.03%	0.05%	0.03%
	MCHP	C	0.07%	0.45%	0.07%
	MCW	D	0.0%	0.01%	0.0%
	MDU	C	0.02%	0.05%	0.02%
	MGM	C	0.05%	0.1%	0.05%
	MHK	D	0.03%	0.05%	0.03%
	MIDD	D	0.04%	0.06%	0.04%
	MKC	F	0.09%	0.16%	0.09%
	MKL	B	0.09%	0.19%	0.09%
	MKSI	B	0.04%	0.08%	0.04%
	MLM	D	0.17%	0.31%	0.17%
	MOH	F	0.04%	0.16%	0.04%
	MOS	F	0.05%	0.08%	0.05%
	MP	F	0.01%	0.01%	0.01%
	MPW	C	0.01%	0.03%	0.01%
	MRCY	F	0.01%	0.01%	0.01%
	MRO	B	0.07%	0.14%	0.07%
	MRVI	F	0.0%	0.01%	0.0%
	MRVL	B	0.27%	0.56%	0.27%
	MSA	C	0.03%	0.06%	0.03%
	MSCI	D	0.09%	0.33%	0.09%
	MSGS	C	0.02%	0.03%	0.02%
	MSM	D	0.02%	0.03%	0.02%
	MTB	C	0.11%	0.22%	0.11%
	MTCH	D	0.0%	0.08%	0.0%
	MTG	B	0.03%	0.05%	0.03%
	MTN	F	0.03%	0.06%	0.03%
	MTZ	B	0.03%	0.06%	0.03%
	MUSA	A	0.0%	0.08%	0.0%
	NATL	B	0.01%	0.02%	0.01%
	NCLH	C	0.03%	0.06%	0.03%
	NCNO	B	0.01%	0.02%	0.01%
	NDAQ	C	0.11%	0.2%	0.11%
	NDSN	D	0.07%	0.12%	0.07%
	NEU	D	0.02%	0.03%	0.02%
	NFG	C	0.02%	0.04%	0.02%
	NI	B	0.06%	0.11%	0.06%
	NNN	B	0.04%	0.07%	0.04%
	NOV	D	0.03%	0.06%	0.03%
	NRG	B	0.08%	0.16%	0.08%
	NSA	A	0.01%	0.03%	0.01%
	NTAP	B	0.06%	0.24%	0.06%
	NTNX	D	0.05%	0.12%	0.05%
	NTRS	D	0.08%	0.15%	0.08%
	NU	B	0.04%	0.25%	0.04%
	NUE	D	0.2%	0.35%	0.2%
	NVR	D	0.09%	0.2%	0.09%
	NVST	F	0.02%	0.03%	0.02%
	NVT	C	0.06%	0.12%	0.06%
	NWL	F	0.01%	0.02%	0.01%
	NWS	B	0.01%	0.03%	0.01%
	NWSA	B	0.04%	0.09%	0.04%
	NXST	C	0.02%	0.04%	0.02%
	NYCB	F	0.01%	0.02%	0.01%
	NYT	B	0.03%	0.07%	0.03%
	O	D	0.21%	0.4%	0.21%
	OC	B	0.07%	0.14%	0.07%
	ODFL	D	0.01%	0.31%	0.01%
	OGE	B	0.03%	0.06%	0.03%
	OGN	C	0.02%	0.05%	0.02%
	OHI	A	0.04%	0.07%	0.04%
	OKE	C	0.21%	0.42%	0.21%
	OKTA	D	0.06%	0.12%	0.06%
	OLED	A	0.02%	0.09%	0.02%
	OLLI	B	0.01%	0.05%	0.01%
	OLN	D	0.03%	0.05%	0.03%
	OLPX	D	0.0%	0.0%	0.0%
	OMC	D	0.09%	0.16%	0.09%
	OMF	C	0.03%	0.05%	0.03%
	ON	D	0.14%	0.28%	0.14%
	ORI	C	0.04%	0.07%	0.04%
	OSK	D	0.03%	0.06%	0.03%
	OTIS	B	0.17%	0.36%	0.17%
	OVV	D	0.03%	0.11%	0.03%
	OWL	C	0.03%	0.07%	0.03%
	OZK	D	0.02%	0.04%	0.02%
	PAG	D	0.01%	0.03%	0.01%
	PARA	F	0.03%	0.05%	0.03%
	PATH	F	0.01%	0.04%	0.01%
	PB	D	0.03%	0.05%	0.03%
	PCAR	D	0.26%	0.5%	0.26%
	PCG	B	0.17%	0.33%	0.17%
	PEG	B	0.16%	0.33%	0.16%
	PENN	C	0.01%	0.02%	0.01%
	PFG	C	0.09%	0.17%	0.09%
	PFGC	D	0.03%	0.09%	0.03%
	PH	D	0.33%	0.59%	0.33%
	PHIN	C	0.01%	0.02%	0.01%
	PHM	D	0.11%	0.22%	0.11%
	PII	F	0.02%	0.04%	0.02%
	PINC	F	0.01%	0.02%	0.01%
	PK	D	0.02%	0.03%	0.02%
	PKG	B	0.07%	0.15%	0.07%
	PLNT	B	0.01%	0.06%	0.01%
	PLTK	C	0.0%	0.0%	0.0%
	PLUG	F	0.01%	0.01%	0.01%
	PNFP	D	0.03%	0.05%	0.03%
	PNR	C	0.06%	0.12%	0.06%
	PNW	B	0.04%	0.08%	0.04%
	POST	D	0.03%	0.05%	0.03%
	PPC	C	0.01%	0.01%	0.01%
	PPG	D	0.11%	0.27%	0.11%
	PPL	B	0.1%	0.19%	0.1%
	PRGO	F	0.02%	0.03%	0.02%
	PRI	B	0.01%	0.07%	0.01%
	PRU	B	0.19%	0.38%	0.19%
	PSTG	B	0.02%	0.18%	0.02%
	PSX	C	0.3%	0.54%	0.3%
	PTC	C	0.05%	0.18%	0.05%
	PVH	C	0.03%	0.06%	0.03%
	PWR	B	0.13%	0.37%	0.13%
	PYCR	F	0.0%	0.01%	0.0%
	QGEN	D	0.04%	0.09%	0.04%
	QRVO	B	0.05%	0.1%	0.05%
	QS	F	0.01%	0.02%	0.01%
	R	C	0.03%	0.05%	0.03%
	RBA	B	0.01%	0.13%	0.01%
	RBC	B	0.03%	0.07%	0.03%
	RCL	B	0.11%	0.32%	0.11%
	RCM	B	0.01%	0.02%	0.01%
	REG	B	0.05%	0.1%	0.05%
	REXR	D	0.04%	0.08%	0.04%
	REYN	C	0.01%	0.01%	0.01%
	RF	C	0.09%	0.16%	0.09%
	RGA	B	0.06%	0.12%	0.06%
	RGEN	F	0.02%	0.06%	0.02%
	RGLD	C	0.04%	0.07%	0.04%
	RH	F	0.02%	0.03%	0.02%
	RHI	F	0.03%	0.06%	0.03%
	RIVN	D	0.03%	0.07%	0.03%
	RJF	C	0.11%	0.2%	0.11%
	RKT	C	0.0%	0.02%	0.0%
	RL	B	0.03%	0.07%	0.03%
	RLI	C	0.02%	0.05%	0.02%
	RNR	B	0.04%	0.11%	0.04%
	ROKU	F	0.03%	0.06%	0.03%
	ROST	B	0.01%	0.44%	0.01%
	RPM	B	0.05%	0.13%	0.05%
	RPRX	D	0.05%	0.09%	0.05%
	RRC	D	0.04%	0.07%	0.04%
	RRX	D	0.05%	0.09%	0.05%
	RS	D	0.08%	0.15%	0.08%
	RSG	B	0.19%	0.36%	0.19%
	RUN	C	0.01%	0.02%	0.01%
	RYN	D	0.02%	0.04%	0.02%
	S	D	0.02%	0.04%	0.02%
	SAIA	B	0.04%	0.11%	0.04%
	SAIC	D	0.03%	0.05%	0.03%
	SAM	C	0.0%	0.03%	0.0%
	SBAC	F	0.09%	0.19%	0.09%
	SCI	B	0.03%	0.09%	0.03%
	SEB	F	0.0%	0.01%	0.0%
	SEE	C	0.01%	0.05%	0.01%
	SEIC	C	0.03%	0.06%	0.03%
	SF	B	0.04%	0.07%	0.04%
	SHC	C	0.0%	0.01%	0.0%
	SIRI	F	0.0%	0.02%	0.0%
	SITE	D	0.02%	0.05%	0.02%
	SJM	D	0.06%	0.1%	0.06%
	SKX	B	0.04%	0.09%	0.04%
	SLGN	D	0.02%	0.03%	0.02%
	SLM	C	0.01%	0.04%	0.01%
	SNA	D	0.07%	0.13%	0.07%
	SNDR	C	0.01%	0.01%	0.01%
	SNV	C	0.02%	0.05%	0.02%
	SNX	B	0.04%	0.08%	0.04%
	SOFI	F	0.03%	0.06%	0.03%
	SON	C	0.03%	0.05%	0.03%
	SPB	B	0.01%	0.02%	0.01%
	SPG	B	0.17%	0.43%	0.17%
	SPR	C	0.02%	0.03%	0.02%
	SQ	F	0.12%	0.31%	0.12%
	SRCL	B	0.02%	0.05%	0.02%
	SSNC	C	0.06%	0.12%	0.06%
	ST	C	0.03%	0.05%	0.03%
	STAG	C	0.03%	0.06%	0.03%
	STE	C	0.1%	0.19%	0.1%
	STLD	C	0.09%	0.17%	0.09%
	STT	D	0.1%	0.2%	0.1%
	STWD	C	0.03%	0.05%	0.03%
	SUI	D	0.05%	0.13%	0.05%
	SWK	D	0.07%	0.12%	0.07%
	SWKS	B	0.08%	0.15%	0.08%
	SWN	D	0.04%	0.07%	0.04%
	SYF	C	0.09%	0.16%	0.09%
	TAP	F	0.05%	0.08%	0.05%
	TDG	B	0.26%	0.64%	0.26%
	TDOC	F	0.01%	0.02%	0.01%
	TDY	D	0.08%	0.16%	0.08%
	TECH	C	0.0%	0.11%	0.0%
	TER	B	0.01%	0.21%	0.01%
	TFSL	C	0.0%	0.01%	0.0%
	TFX	D	0.05%	0.09%	0.05%
	THC	B	0.05%	0.13%	0.05%
	THG	D	0.02%	0.04%	0.02%
	THO	F	0.02%	0.04%	0.02%
	TKR	D	0.03%	0.05%	0.03%
	TNDM	C	0.01%	0.02%	0.01%
	TNL	D	0.01%	0.03%	0.01%
	TOL	D	0.06%	0.11%	0.06%
	TPG	C	0.01%	0.03%	0.01%
	TPR	C	0.04%	0.08%	0.04%
	TPX	D	0.03%	0.07%	0.03%
	TRIP	F	0.01%	0.02%	0.01%
	TRMB	C	0.07%	0.12%	0.07%
	TROW	B	0.12%	0.23%	0.12%
	TRU	C	0.07%	0.12%	0.07%
	TSN	C	0.08%	0.14%	0.08%
	TT	B	0.24%	0.71%	0.24%
	TTEK	B	0.04%	0.1%	0.04%
	TTWO	C	0.11%	0.23%	0.11%
	TW	C	0.04%	0.11%	0.04%
	TWLO	F	0.04%	0.08%	0.04%
	TXT	C	0.08%	0.15%	0.08%
	TYL	B	0.02%	0.18%	0.02%
	U	F	0.02%	0.04%	0.02%
	UA	C	0.0%	0.01%	0.0%
	UAA	C	0.01%	0.01%	0.01%
	UAL	C	0.08%	0.15%	0.08%
	UDR	B	0.06%	0.12%	0.06%
	UGI	C	0.03%	0.04%	0.03%
	UHAL	D	0.02%	0.05%	0.02%
	UHAL	D	0.02%	0.0%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.0%	0.05%	0.0%
	UHS	A	0.05%	0.1%	0.05%
	UI	C	0.0%	0.01%	0.0%
	UNM	C	0.05%	0.07%	0.05%
	URI	C	0.17%	0.39%	0.17%
	USFD	B	0.05%	0.11%	0.05%
	UTHR	A	0.05%	0.13%	0.05%
	UWMC	B	0.0%	0.01%	0.0%
	VAC	F	0.02%	0.03%	0.02%
	VFC	C	0.02%	0.04%	0.02%
	VICI	D	0.14%	0.26%	0.14%
	VIRT	C	0.01%	0.02%	0.01%
	VMC	D	0.13%	0.31%	0.13%
	VMI	B	0.02%	0.05%	0.02%
	VNO	C	0.02%	0.04%	0.02%
	VNT	C	0.02%	0.06%	0.02%
	VOYA	B	0.03%	0.06%	0.03%
	VRSN	C	0.07%	0.14%	0.07%
	VRT	D	0.14%	0.3%	0.14%
	VSAT	F	0.01%	0.01%	0.01%
	VSCO	F	0.0%	0.01%	0.0%
	VST	B	0.09%	0.28%	0.09%
	VSTS	F	0.01%	0.01%	0.01%
	VTR	A	0.08%	0.18%	0.08%
	VTRS	D	0.07%	0.11%	0.07%
	VVV	C	0.02%	0.05%	0.02%
	W	F	0.01%	0.04%	0.01%
	WAB	B	0.14%	0.26%	0.14%
	WAL	C	0.03%	0.06%	0.03%
	WBA	D	0.06%	0.1%	0.06%
	WBD	F	0.08%	0.14%	0.08%
	WBS	D	0.04%	0.06%	0.04%
	WCC	C	0.03%	0.07%	0.03%
	WDC	B	0.11%	0.24%	0.11%
	WEC	D	0.12%	0.22%	0.12%
	WELL	B	0.25%	0.52%	0.25%
	WEX	F	0.02%	0.07%	0.02%
	WH	C	0.03%	0.05%	0.03%
	WHR	F	0.02%	0.04%	0.02%
	WLK	D	0.02%	0.04%	0.02%
	WMB	A	0.22%	0.46%	0.22%
	WOLF	D	0.02%	0.03%	0.02%
	WOOF	C	0.0%	0.0%	0.0%
	WPC	D	0.06%	0.11%	0.06%
	WRB	C	0.07%	0.15%	0.07%
	WRK	B	0.06%	0.11%	0.06%
	WSC	C	0.02%	0.06%	0.02%
	WSM	C	0.08%	0.18%	0.08%
	WSO	B	0.05%	0.15%	0.05%
	WTFC	D	0.03%	0.05%	0.03%
	WTM	C	0.02%	0.04%	0.02%
	WTRG	C	0.04%	0.08%	0.04%
	WTW	B	0.11%	0.24%	0.11%
	WU	D	0.02%	0.03%	0.02%
	WWD	B	0.05%	0.1%	0.05%
	WY	F	0.11%	0.19%	0.11%
	WYNN	D	0.04%	0.08%	0.04%
	X	F	0.04%	0.07%	0.04%
	XEL	D	0.14%	0.26%	0.14%
	XP	F	0.03%	0.05%	0.03%
	XPO	D	0.06%	0.11%	0.06%
	XRAY	F	0.03%	0.05%	0.03%
	XYL	B	0.13%	0.3%	0.13%
	YUM	D	0.02%	0.34%	0.02%
	Z	B	0.02%	0.07%	0.02%
	ZBH	F	0.12%	0.2%	0.12%
	ZBRA	D	0.06%	0.14%	0.06%
	ZG	B	0.02%	0.02%	0.02%
	ZI	F	0.01%	0.03%	0.01%
	ZION	D	0.03%	0.05%	0.03%
	ZM	F	0.08%	0.13%	0.08%

VONV Overweight 150 Positions Relative to IWR

	Symbol	Grade	Weight
	BRK.A	B	3.47%
	JPM	B	2.64%
	XOM	C	2.26%
	JNJ	D	1.66%
	PG	A	1.49%
	CVX	C	1.33%
	MRK	A	1.28%
	BAC	A	1.22%
	WMT	A	1.21%
	WFC	C	1.02%
	DIS	C	0.97%
	LIN	B	0.93%
	CSCO	F	0.91%
	GE	B	0.84%
	ABT	C	0.82%
	VZ	B	0.79%
	DHR	C	0.78%
	CMCSA	F	0.72%
	COP	D	0.72%
	IBM	C	0.72%
	RTX	B	0.7%
	PM	B	0.7%
	PFE	C	0.69%
	NEE	C	0.66%
	GS	B	0.64%
	ETN	C	0.61%
	INTC	F	0.61%
	MU	B	0.59%
	SPGI	B	0.58%
	T	A	0.58%
	KO	B	0.58%
	MCD	D	0.56%
	C	C	0.56%
	BLK	B	0.54%
	HON	A	0.53%
	ELV	B	0.52%
	AMD	B	0.52%
	SCHW	D	0.52%
	MS	B	0.51%
	MDT	D	0.51%
	BSX	A	0.5%
	ORCL	A	0.49%
	ADI	B	0.48%
	CB	B	0.48%
	MDLZ	D	0.47%
	PLD	C	0.45%
	TXN	B	0.45%
	CI	C	0.45%
	AXP	C	0.44%
	SYK	B	0.43%
	BMY	F	0.43%
	REGN	A	0.41%
	CVS	D	0.41%
	TMO	D	0.4%
	GILD	C	0.39%
	BA	D	0.39%
	UNP	D	0.39%
	SO	B	0.38%
	TMUS	B	0.38%
	UPS	D	0.37%
	EOG	D	0.37%
	MO	A	0.37%
	PEP	D	0.36%
	CME	D	0.36%
	CL	A	0.36%
	DUK	B	0.36%
	ICE	A	0.35%
	GD	A	0.34%
	FCX	C	0.34%
	UNH	D	0.34%
	MPC	C	0.32%
	SLB	D	0.32%
	BDX	C	0.32%
	NOC	D	0.31%
	CRM	D	0.3%
	PXD	B	0.3%
	USB	C	0.3%
	FDX	D	0.29%
	PNC	C	0.29%
	EMR	C	0.29%
	CSX	D	0.28%
	AON	C	0.27%
	ROP	A	0.26%
	COF	C	0.26%
	VLO	C	0.26%
	APD	C	0.25%
	NSC	D	0.25%
	AIG	C	0.25%
	MMM	B	0.25%
	TFC	C	0.24%
	NKE	C	0.24%
	GM	B	0.24%
	F	D	0.23%
	TRV	C	0.23%
	HCA	A	0.23%
	SRE	B	0.22%
	AEP	B	0.22%
	OXY	C	0.22%
	AMGN	B	0.22%
	NEM	B	0.22%
	MCK	A	0.21%
	MET	C	0.21%
	GEV	B	0.2%
	D	D	0.2%
	CAT	C	0.2%
	CNC	D	0.19%
	GIS	C	0.19%
	DOW	D	0.19%
	LHX	A	0.19%
	STZ	B	0.18%
	MRNA	C	0.18%
	JCI	B	0.18%
	EXC	D	0.18%
	LOW	C	0.17%
	KMI	A	0.17%
	CCI	D	0.17%
	EQIX	C	0.16%
	PGR	C	0.15%
	KHC	D	0.15%
	ADM	D	0.15%
	KDP	B	0.15%
	GEHC	C	0.14%
	AMAT	B	0.12%
	EL	F	0.11%
	QCOM	B	0.11%
	VLTO	B	0.1%
	HUM	C	0.1%
	KVUE	D	0.1%
	CBOE	D	0.09%
	MMC	A	0.09%
	PSA	B	0.08%
	ADP	B	0.07%
	SHW	C	0.06%
	ECL	A	0.06%
	ITW	D	0.06%
	HSY	F	0.04%
	AZO	C	0.04%
	WM	C	0.04%
	VRTX	B	0.04%
	SOLV	F	0.04%
	ORLY	C	0.04%
	CRBG	B	0.03%
	LRCX	B	0.03%
	DE	D	0.03%
	PYPL	D	0.03%
	MSI	A	0.02%
	MCO	A	0.02%
	LVS	F	0.01%
	ADTN	C	0.01%
	KMB	A	0.01%

VONV Underweight 139 Positions Relative to IWR

	Symbol	Grade	Weight
	CRWD	B	-0.75%
	APO	A	-0.55%
	PLTR	B	-0.45%
	CPRT	C	-0.43%
	DXCM	D	-0.41%
	TTD	B	-0.4%
	AMP	A	-0.4%
	SPOT	B	-0.39%
	PAYX	B	-0.37%
	GWW	C	-0.37%
	FERG	D	-0.37%
	IDXX	D	-0.37%
	COR	B	-0.36%
	VRSK	A	-0.35%
	LNG	B	-0.35%
	MPWR	B	-0.35%
	FICO	B	-0.31%
	IT	C	-0.3%
	MTD	B	-0.29%
	DDOG	C	-0.29%
	RMD	B	-0.28%
	TSCO	B	-0.28%
	ROK	F	-0.27%
	TRGP	A	-0.25%
	HUBS	D	-0.24%
	DECK	C	-0.23%
	PINS	B	-0.23%
	VEEV	D	-0.23%
	WST	D	-0.22%
	NET	D	-0.21%
	CPNG	D	-0.2%
	ARES	C	-0.2%
	AXON	C	-0.19%
	LPLA	A	-0.19%
	BAH	B	-0.18%
	ALGN	F	-0.17%
	ULTA	F	-0.17%
	DPZ	B	-0.17%
	WAT	D	-0.16%
	COO	C	-0.16%
	DKNG	C	-0.16%
	RBLX	C	-0.15%
	CLX	D	-0.15%
	BURL	B	-0.14%
	FDS	D	-0.14%
	ENPH	D	-0.14%
	ZS	C	-0.14%
	FWONK	B	-0.13%
	TPL	B	-0.13%
	MANH	B	-0.13%
	MDB	F	-0.13%
	ROL	A	-0.12%
	EQH	A	-0.12%
	POOL	D	-0.12%
	GEN	B	-0.12%
	RVTY	C	-0.12%
	PODD	B	-0.12%
	NTRA	B	-0.11%
	WMS	B	-0.11%
	FND	C	-0.11%
	WING	B	-0.11%
	NBIX	D	-0.11%
	SRPT	C	-0.1%
	DT	F	-0.1%
	TXRH	B	-0.1%
	EPAM	D	-0.09%
	CROX	B	-0.09%
	CHDN	A	-0.09%
	NLY	B	-0.09%
	TTC	B	-0.09%
	DOCU	C	-0.09%
	FBIN	D	-0.08%
	KNSL	D	-0.08%
	TOST	C	-0.08%
	ESTC	C	-0.08%
	CELH	F	-0.08%
	TREX	C	-0.08%
	MEDP	B	-0.08%
	MKTX	F	-0.07%
	PAYC	F	-0.07%
	MORN	C	-0.07%
	DVA	B	-0.07%
	LSCC	F	-0.07%
	HR	C	-0.06%
	FIVE	F	-0.06%
	GLOB	D	-0.06%
	PEN	F	-0.06%
	TKO	B	-0.06%
	BRKR	D	-0.06%
	PCOR	D	-0.05%
	RYAN	B	-0.05%
	SMAR	C	-0.05%
	CFLT	F	-0.05%
	AZPN	D	-0.05%
	RITM	B	-0.05%
	PCTY	F	-0.05%
	MASI	C	-0.05%
	GTLB	F	-0.04%
	BEPC	C	-0.04%
	ROIV	C	-0.04%
	APLS	F	-0.04%
	LAZ	D	-0.04%
	CCCS	D	-0.04%
	CAVA	B	-0.04%
	INSP	D	-0.04%
	LYFT	F	-0.04%
	WEN	F	-0.03%
	FIVN	F	-0.03%
	RARE	F	-0.03%
	CXT	A	-0.03%
	TDC	D	-0.03%
	LSXMK	D	-0.03%
	CHH	C	-0.03%
	YETI	C	-0.03%
	FOUR	C	-0.03%
	LLYVK	D	-0.02%
	TXG	F	-0.02%
	ADT	B	-0.02%
	QDEL	F	-0.02%
	NVCR	C	-0.02%
	ALGM	D	-0.02%
	HHH	D	-0.02%
	RNG	F	-0.02%
	PEGA	D	-0.02%
	DV	D	-0.02%
	SMG	D	-0.02%
	LLYVA	D	-0.01%
	CART	D	-0.01%
	SSRM	F	-0.01%
	PTON	D	-0.01%
	NFE	F	-0.01%
	VYX	F	-0.01%
	FWONA	B	-0.01%
	LSXMA	D	-0.01%
	RNAC	D	-0.0%
	PARAA	F	-0.0%
	NLOP	B	-0.0%
	AMBP	D	-0.0%
	CHPT	D	-0.0%

VONV: Top Represented Industries & Keywords

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

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

IWR: Top Represented Industries & Keywords

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

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