VONV vs. JCTR ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to JPMorgan Carbon Transition U.S. Equity ETF (JCTR)

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

JCTR

JPMorgan Carbon Transition U.S. Equity ETF

JCTR Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. The fund will invest at least 80% of its assets in securities included in index. The index is designed to capture the performance of companies which have been identified through its rules-based process as better positioned to benefit from a transition to a lower carbon economy while also providing broader U.S. market exposure.

Grade (RS Rating)

Last Trade

$81.11

Average Daily Volume

149

Number of Holdings ^*

428

* may have additional holdings in another (foreign) market

Performance

Period	VONV	JCTR
30 Days	3.51%	4.02%
60 Days	4.96%	5.04%
90 Days	7.00%	6.88%
12 Months	29.73%	32.99%

355 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in JCTR	Overlap
	A	D	0.15%	0.14%	0.14%
	ABBV	D	0.82%	0.4%	0.4%
	ABT	B	0.78%	0.19%	0.19%
	ACGL	D	0.14%	0.12%	0.12%
	ACI	C	0.03%	0.03%	0.03%
	ACM	A	0.06%	0.05%	0.05%
	ACN	C	0.87%	0.71%	0.71%
	ADI	D	0.44%	0.03%	0.03%
	ADM	D	0.11%	0.08%	0.08%
	ADP	B	0.03%	0.47%	0.03%
	AFL	B	0.23%	0.23%	0.23%
	AFRM	B	0.04%	0.04%	0.04%
	AGNC	D	0.03%	0.02%	0.02%
	AGR	B	0.01%	0.01%	0.01%
	AIG	B	0.2%	0.17%	0.17%
	AJG	B	0.23%	0.24%	0.23%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.04%	0.05%	0.04%
	ALLE	D	0.05%	0.04%	0.04%
	ALLY	C	0.03%	0.04%	0.03%
	ALNY	D	0.02%	0.12%	0.02%
	AMAT	F	0.05%	0.5%	0.05%
	AMD	F	0.32%	0.66%	0.32%
	AME	A	0.17%	0.17%	0.17%
	AMG	B	0.02%	0.02%	0.02%
	AMGN	D	0.15%	0.55%	0.15%
	AMH	D	0.05%	0.04%	0.04%
	ANSS	B	0.11%	0.11%	0.11%
	AON	A	0.29%	0.28%	0.28%
	APO	B	0.08%	0.29%	0.08%
	AR	B	0.03%	0.07%	0.03%
	ASH	D	0.02%	0.02%	0.02%
	AVB	B	0.13%	0.12%	0.12%
	AVY	D	0.04%	0.06%	0.04%
	AWK	D	0.11%	0.19%	0.11%
	AXP	A	0.38%	0.6%	0.38%
	AXS	A	0.02%	0.02%	0.02%
	AYI	B	0.04%	0.04%	0.04%
	AZO	C	0.02%	0.12%	0.02%
	BAC	A	1.14%	0.41%	0.41%
	BBWI	D	0.03%	0.03%	0.03%
	BG	F	0.05%	0.04%	0.04%
	BHF	B	0.01%	0.0%	0.0%
	BKNG	A	0.04%	0.68%	0.04%
	BLK	C	0.58%	0.22%	0.22%
	BRK.A	B	3.3%	0.95%	0.95%
	BRX	A	0.03%	0.02%	0.02%
	BSX	B	0.49%	0.48%	0.48%
	BXP	D	0.05%	0.04%	0.04%
	C	A	0.49%	0.49%	0.49%
	CAG	D	0.06%	0.04%	0.04%
	CARR	D	0.2%	0.21%	0.2%
	CASY	A	0.05%	0.05%	0.05%
	CAT	B	0.63%	0.68%	0.63%
	CB	C	0.46%	0.43%	0.43%
	CBOE	B	0.09%	0.08%	0.08%
	CBRE	B	0.16%	0.15%	0.15%
	CCI	D	0.19%	0.15%	0.15%
	CDW	F	0.05%	0.09%	0.05%
	CE	F	0.04%	0.03%	0.03%
	CERT	F	0.0%	0.01%	0.0%
	CGNX	C	0.03%	0.02%	0.02%
	CHD	B	0.1%	0.1%	0.1%
	CHH	A	0.0%	0.01%	0.0%
	CHRW	C	0.05%	0.04%	0.04%
	CI	F	0.32%	0.31%	0.31%
	CIEN	B	0.04%	0.03%	0.03%
	CLH	B	0.05%	0.05%	0.05%
	CMCSA	B	0.67%	0.34%	0.34%
	CME	A	0.32%	0.3%	0.3%
	CMI	A	0.18%	0.11%	0.11%
	CNH	C	0.04%	0.03%	0.03%
	CNP	B	0.07%	0.06%	0.06%
	COF	B	0.25%	0.26%	0.25%
	COLM	B	0.01%	0.01%	0.01%
	COP	C	0.51%	0.74%	0.51%
	COTY	F	0.01%	0.02%	0.01%
	CPB	D	0.04%	0.03%	0.03%
	CPRI	F	0.01%	0.01%	0.01%
	CPRT	A	0.01%	0.17%	0.01%
	CRM	B	0.17%	0.33%	0.17%
	CROX	D	0.02%	0.02%	0.02%
	CSCO	B	0.89%	0.77%	0.77%
	CSGP	D	0.12%	0.11%	0.11%
	CSL	C	0.07%	0.07%	0.07%
	CTAS	B	0.01%	0.28%	0.01%
	CUBE	D	0.04%	0.04%	0.04%
	CVS	D	0.29%	0.26%	0.26%
	CVX	A	1.03%	0.27%	0.27%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.0%	0.02%	0.0%
	DAY	B	0.04%	0.04%	0.04%
	DE	A	0.41%	0.34%	0.34%
	DFS	B	0.15%	0.16%	0.15%
	DHI	D	0.2%	0.18%	0.18%
	DHR	F	0.63%	0.2%	0.2%
	DIS	B	0.71%	0.17%	0.17%
	DLB	B	0.02%	0.02%	0.02%
	DLR	B	0.23%	0.02%	0.02%
	DNB	B	0.01%	0.01%	0.01%
	DOV	A	0.1%	0.1%	0.1%
	DUK	C	0.36%	0.02%	0.02%
	DV	C	0.0%	0.02%	0.0%
	EA	A	0.16%	0.16%	0.16%
	EBAY	D	0.12%	0.11%	0.11%
	ECL	D	0.03%	0.23%	0.03%
	ED	D	0.14%	0.12%	0.12%
	EFX	F	0.1%	0.12%	0.1%
	EG	C	0.05%	0.05%	0.05%
	EIX	B	0.13%	0.13%	0.13%
	EL	F	0.04%	0.05%	0.04%
	ELS	C	0.05%	0.03%	0.03%
	ELV	F	0.32%	0.32%	0.32%
	EMR	A	0.25%	0.28%	0.25%
	ENOV	C	0.01%	0.01%	0.01%
	EOG	A	0.28%	0.13%	0.13%
	EPAM	C	0.04%	0.06%	0.04%
	ES	D	0.09%	0.16%	0.09%
	ESI	A	0.02%	0.03%	0.02%
	ESS	B	0.07%	0.07%	0.07%
	ETSY	D	0.01%	0.02%	0.01%
	EW	C	0.13%	0.15%	0.13%
	EXC	C	0.16%	0.14%	0.14%
	EXPD	D	0.06%	0.06%	0.06%
	EXR	D	0.14%	0.13%	0.13%
	FANG	D	0.13%	0.24%	0.13%
	FCN	D	0.03%	0.02%	0.02%
	FE	C	0.1%	0.03%	0.03%
	FI	A	0.31%	0.45%	0.31%
	FIS	C	0.2%	0.19%	0.19%
	FLO	D	0.02%	0.02%	0.02%
	FLS	B	0.03%	0.04%	0.03%
	FMC	D	0.03%	0.03%	0.03%
	FND	C	0.03%	0.04%	0.03%
	FOXA	B	0.04%	0.06%	0.04%
	FRPT	B	0.02%	0.02%	0.02%
	FRT	B	0.04%	0.04%	0.04%
	FSLR	F	0.08%	0.15%	0.08%
	FTNT	C	0.04%	0.22%	0.04%
	G	B	0.03%	0.03%	0.03%
	GEN	B	0.06%	0.06%	0.06%
	GGG	B	0.05%	0.05%	0.05%
	GILD	C	0.44%	0.43%	0.43%
	GIS	D	0.15%	0.13%	0.13%
	GLOB	B	0.01%	0.05%	0.01%
	GME	C	0.03%	0.04%	0.03%
	GNRC	B	0.02%	0.05%	0.02%
	GNTX	C	0.03%	0.01%	0.01%
	GPC	D	0.06%	0.03%	0.03%
	GPN	B	0.11%	0.11%	0.11%
	GS	A	0.48%	0.68%	0.48%
	GWRE	A	0.03%	0.06%	0.03%
	GWW	B	0.02%	0.19%	0.02%
	HAL	C	0.1%	0.19%	0.1%
	HAS	D	0.0%	0.04%	0.0%
	HAYW	B	0.01%	0.02%	0.01%
	HD	A	0.32%	1.05%	0.32%
	HES	B	0.05%	0.03%	0.03%
	HIG	B	0.13%	0.1%	0.1%
	HLT	A	0.11%	0.15%	0.11%
	HOLX	D	0.07%	0.07%	0.07%
	HOOD	B	0.06%	0.08%	0.06%
	HSY	F	0.09%	0.1%	0.09%
	HUBB	B	0.09%	0.09%	0.09%
	HUN	F	0.01%	0.02%	0.01%
	HXL	D	0.02%	0.01%	0.01%
	IBKR	A	0.06%	0.07%	0.06%
	IBM	C	0.76%	0.54%	0.54%
	ICE	C	0.35%	0.33%	0.33%
	IEX	B	0.07%	0.07%	0.07%
	IFF	D	0.1%	0.09%	0.09%
	INCY	C	0.04%	0.05%	0.04%
	INGR	B	0.03%	0.03%	0.03%
	INTC	D	0.37%	0.04%	0.04%
	IONS	F	0.0%	0.01%	0.0%
	IPG	D	0.04%	0.04%	0.04%
	IQV	D	0.13%	0.14%	0.13%
	IR	B	0.15%	0.15%	0.15%
	IRDM	D	0.01%	0.01%	0.01%
	ITW	B	0.19%	0.3%	0.19%
	JEF	A	0.03%	0.05%	0.03%
	JKHY	D	0.05%	0.04%	0.04%
	JLL	D	0.04%	0.04%	0.04%
	JNJ	D	1.54%	0.68%	0.68%
	K	A	0.08%	0.07%	0.07%
	KDP	D	0.15%	0.13%	0.13%
	KEYS	A	0.1%	0.1%	0.1%
	KHC	F	0.12%	0.09%	0.09%
	KIM	A	0.06%	0.06%	0.06%
	KKR	A	0.27%	0.34%	0.27%
	KMB	D	0.11%	0.14%	0.11%
	KMX	B	0.04%	0.04%	0.04%
	KR	B	0.15%	0.13%	0.13%
	LAD	A	0.04%	0.04%	0.04%
	LEN	D	0.16%	0.16%	0.16%
	LEN	D	0.01%	0.16%	0.01%
	LIN	D	0.88%	0.67%	0.67%
	LOW	D	0.6%	0.09%	0.09%
	LSCC	D	0.0%	0.03%	0.0%
	LSTR	D	0.03%	0.02%	0.02%
	LW	C	0.03%	0.04%	0.03%
	LYFT	C	0.01%	0.03%	0.01%
	MAN	D	0.01%	0.01%	0.01%
	MAR	B	0.24%	0.19%	0.19%
	MAS	D	0.07%	0.07%	0.07%
	MCD	D	0.79%	0.69%	0.69%
	MCK	B	0.15%	0.3%	0.15%
	MDT	D	0.46%	0.03%	0.03%
	MET	A	0.18%	0.18%	0.18%
	MIDD	C	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.07%	0.07%
	MKSI	C	0.03%	0.02%	0.02%
	MKTX	D	0.04%	0.04%	0.04%
	MMC	B	0.37%	0.02%	0.02%
	MNST	C	0.03%	0.15%	0.03%
	MPW	F	0.01%	0.0%	0.0%
	MRNA	F	0.07%	0.05%	0.05%
	MRVL	B	0.25%	0.29%	0.25%
	MS	A	0.51%	0.57%	0.51%
	MSA	D	0.02%	0.02%	0.02%
	MSCI	C	0.07%	0.17%	0.07%
	MSI	B	0.16%	0.3%	0.16%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.11%	0.11%	0.11%
	MTZ	B	0.03%	0.04%	0.03%
	MU	D	0.44%	0.08%	0.08%
	NDAQ	A	0.12%	0.11%	0.11%
	NDSN	B	0.06%	0.05%	0.05%
	NEE	D	0.65%	0.55%	0.55%
	NEM	D	0.21%	0.16%	0.16%
	NFE	D	0.0%	0.01%	0.0%
	NFG	A	0.02%	0.02%	0.02%
	NI	A	0.06%	0.06%	0.06%
	NKE	D	0.14%	0.34%	0.14%
	NVT	B	0.05%	0.04%	0.04%
	O	D	0.21%	0.18%	0.18%
	OHI	C	0.04%	0.04%	0.04%
	OKE	A	0.23%	0.46%	0.23%
	OKTA	C	0.03%	0.04%	0.03%
	OLED	D	0.02%	0.02%	0.02%
	OMC	C	0.08%	0.08%	0.08%
	ONTO	D	0.03%	0.03%	0.03%
	OTIS	C	0.16%	0.15%	0.15%
	PAG	B	0.01%	0.02%	0.01%
	PATH	C	0.0%	0.02%	0.0%
	PAYX	C	0.11%	0.17%	0.11%
	PCAR	B	0.21%	0.22%	0.21%
	PEG	A	0.18%	0.16%	0.16%
	PFE	D	0.64%	0.11%	0.11%
	PFGC	B	0.04%	0.04%	0.04%
	PGR	A	0.09%	0.56%	0.09%
	PH	A	0.32%	0.34%	0.32%
	PHM	D	0.11%	0.1%	0.1%
	PINC	B	0.01%	0.0%	0.0%
	PLD	D	0.42%	0.39%	0.39%
	PLNT	A	0.01%	0.02%	0.01%
	POST	C	0.02%	0.02%	0.02%
	PRI	A	0.04%	0.04%	0.04%
	PRU	A	0.18%	0.17%	0.17%
	PSA	D	0.18%	0.2%	0.18%
	PSTG	D	0.01%	0.05%	0.01%
	PTC	A	0.03%	0.09%	0.03%
	PYPL	B	0.32%	0.33%	0.32%
	QCOM	F	0.05%	0.2%	0.05%
	RBA	A	0.06%	0.06%	0.06%
	REG	B	0.05%	0.05%	0.05%
	REGN	F	0.32%	0.3%	0.3%
	REXR	F	0.04%	0.03%	0.03%
	RGA	A	0.06%	0.06%	0.06%
	RGEN	D	0.03%	0.03%	0.03%
	RHI	B	0.03%	0.03%	0.03%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.1%	0.13%	0.1%
	RNR	C	0.05%	0.05%	0.05%
	ROK	B	0.11%	0.13%	0.11%
	ROP	B	0.23%	0.22%	0.22%
	ROST	C	0.14%	0.06%	0.06%
	RSG	A	0.16%	0.16%	0.16%
	RYN	D	0.02%	0.02%	0.02%
	SBAC	D	0.1%	0.09%	0.09%
	SBUX	A	0.1%	0.02%	0.02%
	SCHW	B	0.38%	0.44%	0.38%
	SHW	A	0.03%	0.12%	0.03%
	SIRI	C	0.03%	0.01%	0.01%
	SJM	D	0.05%	0.04%	0.04%
	SKX	D	0.03%	0.02%	0.02%
	SLB	C	0.23%	0.45%	0.23%
	SLM	A	0.02%	0.02%	0.02%
	SMG	D	0.01%	0.0%	0.0%
	SNA	A	0.07%	0.07%	0.07%
	SPG	B	0.16%	0.21%	0.16%
	SPGI	C	0.6%	0.56%	0.56%
	SQ	B	0.09%	0.17%	0.09%
	SRE	A	0.21%	0.19%	0.19%
	SSD	D	0.03%	0.04%	0.03%
	STAG	F	0.03%	0.02%	0.02%
	STWD	C	0.02%	0.02%	0.02%
	STZ	D	0.15%	0.13%	0.13%
	SYF	B	0.09%	0.1%	0.09%
	SYK	C	0.36%	0.51%	0.36%
	SYY	B	0.06%	0.12%	0.06%
	T	A	0.65%	0.16%	0.16%
	TAP	C	0.04%	0.03%	0.03%
	TDY	B	0.08%	0.08%	0.08%
	TJX	A	0.21%	0.05%	0.05%
	TMO	F	0.84%	0.22%	0.22%
	TPG	A	0.02%	0.01%	0.01%
	TPR	B	0.04%	0.04%	0.04%
	TRMB	B	0.06%	0.06%	0.06%
	TRU	D	0.07%	0.07%	0.07%
	TRV	B	0.22%	0.22%	0.22%
	TSN	B	0.07%	0.06%	0.06%
	TT	A	0.22%	0.31%	0.22%
	TTEK	F	0.04%	0.04%	0.04%
	TTWO	A	0.11%	0.11%	0.11%
	TW	A	0.04%	0.05%	0.04%
	TWLO	A	0.04%	0.07%	0.04%
	TXN	C	0.65%	0.16%	0.16%
	TYL	B	0.02%	0.1%	0.02%
	U	C	0.01%	0.02%	0.01%
	UDR	B	0.06%	0.05%	0.05%
	UGI	A	0.02%	0.02%	0.02%
	ULTA	F	0.01%	0.07%	0.01%
	UNH	C	1.94%	1.16%	1.16%
	UNP	C	0.3%	0.09%	0.09%
	URI	B	0.16%	0.21%	0.16%
	USFD	A	0.06%	0.05%	0.05%
	VFC	C	0.03%	0.03%	0.03%
	VLTO	D	0.06%	0.09%	0.06%
	VNT	B	0.02%	0.02%	0.02%
	VRTX	F	0.25%	0.46%	0.25%
	VZ	C	0.71%	0.15%	0.15%
	W	F	0.02%	0.01%	0.01%
	WAB	B	0.13%	0.13%	0.13%
	WAT	B	0.03%	0.08%	0.03%
	WBA	F	0.03%	0.02%	0.02%
	WCC	B	0.03%	0.03%	0.03%
	WEN	D	0.01%	0.02%	0.01%
	WEX	D	0.03%	0.03%	0.03%
	WFC	A	0.91%	0.25%	0.25%
	WHR	B	0.02%	0.02%	0.02%
	WMB	A	0.25%	0.49%	0.25%
	WMT	A	1.42%	0.48%	0.48%
	WPC	D	0.05%	0.04%	0.04%
	WRB	A	0.07%	0.07%	0.07%
	WSM	B	0.03%	0.06%	0.03%
	WTRG	B	0.04%	0.04%	0.04%
	WU	D	0.01%	0.02%	0.01%
	XP	F	0.03%	0.02%	0.02%
	XYL	D	0.12%	0.11%	0.11%
	YETI	C	0.01%	0.02%	0.01%
	YUM	B	0.09%	0.14%	0.09%
	Z	A	0.03%	0.05%	0.03%
	ZBRA	B	0.06%	0.07%	0.06%
	ZI	D	0.01%	0.01%	0.01%

VONV Overweight 487 Positions Relative to JCTR

	Symbol	Grade	Weight
	JPM	A	2.55%
	XOM	B	2.1%
	PG	A	1.21%
	PM	B	0.83%
	RTX	C	0.64%
	GE	D	0.59%
	ETN	A	0.53%
	BMY	B	0.45%
	HON	B	0.45%
	TMUS	B	0.43%
	KO	D	0.43%
	SO	D	0.4%
	UPS	C	0.39%
	MDLZ	F	0.37%
	MO	A	0.37%
	BA	F	0.34%
	WELL	A	0.33%
	EQIX	A	0.33%
	GEV	B	0.33%
	LMT	D	0.32%
	GD	F	0.32%
	PNC	B	0.3%
	USB	A	0.3%
	APD	A	0.28%
	TGT	F	0.28%
	CEG	D	0.28%
	NOC	D	0.28%
	BDX	F	0.27%
	FCX	D	0.26%
	CSX	B	0.26%
	FDX	B	0.25%
	NSC	B	0.23%
	TDG	D	0.23%
	GM	B	0.23%
	TFC	A	0.23%
	MMM	D	0.23%
	BK	A	0.22%
	MPC	D	0.21%
	AEP	D	0.21%
	D	C	0.2%
	PSX	C	0.2%
	HCA	F	0.2%
	LHX	C	0.19%
	KMI	A	0.19%
	PEP	F	0.19%
	KVUE	A	0.18%
	ALL	A	0.17%
	VLO	C	0.17%
	JCI	C	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MCHP	D	0.16%
	F	C	0.16%
	GLW	B	0.15%
	DAL	C	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	HWM	A	0.15%
	BKR	B	0.15%
	NUE	C	0.14%
	CL	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	GEHC	F	0.14%
	MSTR	C	0.14%
	RCL	A	0.13%
	MTB	A	0.13%
	CNC	D	0.13%
	ETR	B	0.13%
	APH	A	0.13%
	VICI	C	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	FITB	A	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	PWR	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	HPQ	B	0.11%
	VTR	C	0.11%
	EQR	B	0.11%
	SW	A	0.11%
	VMC	B	0.11%
	STT	A	0.11%
	RJF	A	0.11%
	DELL	C	0.11%
	PPL	B	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	LDOS	C	0.1%
	FTV	C	0.1%
	HPE	B	0.1%
	BIIB	F	0.1%
	UAL	A	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	WDC	D	0.09%
	LNG	B	0.09%
	CINF	A	0.09%
	STE	F	0.09%
	ZBH	C	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	HBAN	A	0.09%
	LYB	F	0.09%
	WY	D	0.09%
	ILMN	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	PFG	D	0.08%
	CFG	B	0.08%
	LH	C	0.08%
	INVH	D	0.08%
	IP	B	0.08%
	ARE	D	0.08%
	STLD	B	0.08%
	BBY	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	NTRS	A	0.08%
	EQT	B	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	ATO	A	0.08%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	DGX	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	DG	F	0.07%
	MAA	B	0.07%
	CTRA	B	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	BLDR	D	0.07%
	VTRS	A	0.06%
	BRO	B	0.06%
	VRSN	F	0.06%
	SWKS	F	0.06%
	L	A	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	RVTY	F	0.06%
	THC	D	0.06%
	JBHT	C	0.06%
	TOL	B	0.06%
	CF	B	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	LNT	A	0.06%
	IRM	D	0.06%
	APTV	D	0.06%
	MRO	B	0.06%
	FNF	B	0.06%
	DOC	D	0.06%
	KEY	B	0.06%
	AMCR	D	0.06%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	UHS	D	0.05%
	UNM	A	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	EMN	D	0.05%
	JBL	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	JNPR	F	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	NTAP	C	0.05%
	CW	B	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	FFIV	B	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%
	HRL	D	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	DRI	B	0.04%
	AOS	F	0.04%
	WYNN	D	0.04%
	CRL	C	0.04%
	AFG	A	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%
	LKQ	D	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	RPRX	D	0.04%
	CTLT	B	0.04%
	CAH	B	0.04%
	NTNX	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	NRG	B	0.04%
	ATR	B	0.04%
	FDS	B	0.04%
	BJ	A	0.04%
	ARW	D	0.03%
	MTSI	B	0.03%
	IVZ	B	0.03%
	ALGN	D	0.03%
	FAF	A	0.03%
	MTG	C	0.03%
	ATI	D	0.03%
	WMS	D	0.03%
	BFAM	D	0.03%
	PB	A	0.03%
	PARA	C	0.03%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	QRVO	F	0.03%
	JAZZ	B	0.03%
	COKE	C	0.03%
	MAT	D	0.03%
	ROKU	D	0.03%
	MOH	F	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	PR	B	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	WTFC	A	0.03%
	BWA	D	0.03%
	EXAS	D	0.03%
	LECO	B	0.03%
	CR	A	0.03%
	CHRD	D	0.03%
	APG	B	0.03%
	NNN	D	0.03%
	RBC	A	0.03%
	TKO	B	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	BERY	B	0.03%
	VOYA	B	0.03%
	CRBG	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%
	AXTA	A	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%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	HOG	D	0.02%
	ACHC	F	0.02%
	AN	C	0.02%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	AWI	A	0.02%
	CLF	F	0.02%
	UHAL	D	0.02%
	GAP	C	0.02%
	M	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DBX	B	0.02%
	AGO	B	0.02%
	WSC	D	0.02%
	WTM	A	0.02%
	WLK	D	0.02%
	BILL	A	0.02%
	AMP	A	0.02%
	OZK	B	0.02%
	XRAY	F	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	DOCS	C	0.02%
	BYD	C	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%
	SEE	C	0.02%
	ZG	A	0.02%
	ORLY	B	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	H	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%
	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%
	DINO	D	0.02%
	RLI	B	0.02%
	NOV	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%
	TER	D	0.01%
	REYN	D	0.01%
	EXEL	B	0.01%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	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%
	CNXC	F	0.01%
	KSS	F	0.01%
	SAM	C	0.01%
	AAP	C	0.01%
	AZTA	D	0.01%
	BR	A	0.01%
	BROS	B	0.01%
	LCID	F	0.01%
	IPGP	D	0.01%
	RKT	F	0.01%
	RCM	F	0.01%
	BRKR	D	0.01%
	JWN	C	0.01%
	ADTN	A	0.01%
	EXP	A	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	SPB	C	0.01%
	CC	C	0.01%
	VIRT	B	0.01%
	ALGM	D	0.01%
	CXT	B	0.01%
	VAC	B	0.01%
	CLVT	F	0.01%
	LOPE	B	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	0.01%
	CNM	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	AM	A	0.01%
	AMED	F	0.01%
	FHB	A	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	NXST	C	0.01%
	NWS	B	0.01%
	EPR	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%
	GFS	C	0.01%
	MSM	C	0.01%
	NVST	B	0.01%
	NWL	B	0.01%
	UHAL	D	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	TXG	F	0.0%
	PLTK	B	0.0%
	CACC	D	0.0%
	UI	A	0.0%
	TFSL	A	0.0%
	LBRDA	C	0.0%
	SEB	F	0.0%
	DJT	C	0.0%
	CAR	C	0.0%
	PYCR	C	0.0%
	MTN	C	0.0%
	HCP	B	0.0%
	FIVE	F	0.0%
	CNA	B	0.0%
	DDS	B	0.0%
	NCNO	B	0.0%

VONV Underweight 75 Positions Relative to JCTR

	Symbol	Grade	Weight
	NVDA	C	-6.75%
	AAPL	C	-6.45%
	MSFT	F	-5.71%
	AMZN	C	-3.43%
	GOOGL	C	-3.03%
	TSLA	B	-1.98%
	META	D	-1.96%
	AVGO	D	-1.69%
	LLY	F	-1.42%
	V	A	-1.21%
	MA	C	-1.14%
	NFLX	A	-1.01%
	NOW	A	-0.74%
	ADBE	C	-0.69%
	ISRG	A	-0.67%
	INTU	C	-0.66%
	COST	B	-0.56%
	UBER	D	-0.49%
	PANW	C	-0.45%
	PLTR	B	-0.44%
	BX	A	-0.43%
	ANET	C	-0.37%
	ORCL	B	-0.33%
	WM	A	-0.33%
	MRK	F	-0.32%
	KLAC	D	-0.32%
	CMG	B	-0.31%
	SNPS	B	-0.31%
	TRGP	B	-0.31%
	VRSK	A	-0.3%
	CDNS	B	-0.3%
	MCO	B	-0.29%
	ADSK	A	-0.25%
	SPOT	B	-0.24%
	ABNB	C	-0.22%
	NU	C	-0.18%
	TEAM	A	-0.15%
	LULU	C	-0.15%
	COR	B	-0.15%
	IT	C	-0.15%
	DDOG	A	-0.14%
	VEEV	C	-0.13%
	HUBS	A	-0.13%
	IDXX	F	-0.13%
	DXCM	D	-0.11%
	TSCO	D	-0.11%
	DECK	A	-0.1%
	ARES	A	-0.1%
	NET	B	-0.1%
	CLX	B	-0.08%
	LPLA	A	-0.08%
	EXPE	B	-0.08%
	LYV	A	-0.07%
	LII	A	-0.07%
	MDB	C	-0.07%
	BAH	F	-0.07%
	PINS	D	-0.06%
	ENPH	F	-0.06%
	NTRA	B	-0.06%
	LRCX	F	-0.06%
	TOST	B	-0.06%
	PODD	C	-0.06%
	POOL	C	-0.05%
	WFRD	D	-0.04%
	PCTY	B	-0.04%
	CFLT	B	-0.03%
	MORN	B	-0.03%
	ZS	C	-0.03%
	SMCI	F	-0.03%
	SCCO	F	-0.03%
	BSY	D	-0.02%
	AMT	D	-0.02%
	VVV	F	-0.02%
	PEGA	A	-0.01%
	ELF	C	-0.01%

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

JCTR: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Packaged Foods Capital Markets Software - Infrastructure Specialty Retail Credit Services Diagnostics & Research Semiconductors Asset Management Biotechnology Information Technology Services Drug Manufacturers - Major Utilities - Regulated Electric Household & Personal Products Medical Devices Oil & Gas E&P REIT - Industrial REIT - Residential

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Dow Jones Component Real Estate Investment Trust Electronics Telecommunications Chemical Electricity Mining Mobile Devices Cloud Computing Medicine IBD 50 Insurance Products Retailing Semiconductor Clothing