VONV vs. JMOM ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to JPMorgan U.S. Momentum Factor ETF (JMOM)

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

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$60.97

Average Daily Volume

48,194

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	VONV	JMOM
30 Days	3.51%	5.45%
60 Days	4.96%	7.40%
90 Days	7.00%	9.79%
12 Months	29.73%	41.42%

209 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in JMOM	Overlap
	ABBV	D	0.82%	1.05%	0.82%
	ACGL	D	0.14%	0.28%	0.14%
	ADI	D	0.44%	0.51%	0.44%
	AFL	B	0.23%	0.36%	0.23%
	AGO	B	0.02%	0.07%	0.02%
	AJG	B	0.23%	0.36%	0.23%
	ALL	A	0.17%	0.35%	0.17%
	ALSN	B	0.04%	0.27%	0.04%
	AM	A	0.01%	0.19%	0.01%
	AMAT	F	0.05%	0.66%	0.05%
	AMD	F	0.32%	0.77%	0.32%
	AMP	A	0.02%	0.41%	0.02%
	AN	C	0.02%	0.18%	0.02%
	APH	A	0.13%	0.48%	0.13%
	ARMK	B	0.04%	0.14%	0.04%
	AVT	C	0.02%	0.12%	0.02%
	AWI	A	0.02%	0.06%	0.02%
	AXP	A	0.38%	0.72%	0.38%
	AYI	B	0.04%	0.06%	0.04%
	AZEK	A	0.01%	0.15%	0.01%
	AZO	C	0.02%	0.35%	0.02%
	BK	A	0.22%	0.39%	0.22%
	BKNG	A	0.04%	0.72%	0.04%
	BLD	D	0.04%	0.15%	0.04%
	BR	A	0.01%	0.02%	0.01%
	BRBR	A	0.03%	0.13%	0.03%
	BRK.A	B	3.3%	1.78%	1.78%
	BRO	B	0.06%	0.27%	0.06%
	BSX	B	0.49%	0.6%	0.49%
	BWXT	B	0.04%	0.24%	0.04%
	CACI	D	0.05%	0.24%	0.05%
	CAH	B	0.04%	0.28%	0.04%
	CASY	A	0.05%	0.22%	0.05%
	CAT	B	0.63%	0.81%	0.63%
	CB	C	0.46%	0.52%	0.46%
	CBOE	B	0.09%	0.23%	0.09%
	CBRE	B	0.16%	0.34%	0.16%
	CEG	D	0.28%	0.42%	0.28%
	CHD	B	0.1%	0.23%	0.1%
	CL	D	0.14%	0.38%	0.14%
	CNM	D	0.01%	0.21%	0.01%
	COHR	B	0.05%	0.3%	0.05%
	COIN	C	0.02%	0.44%	0.02%
	COKE	C	0.03%	0.08%	0.03%
	COP	C	0.51%	0.59%	0.51%
	CPRT	A	0.01%	0.34%	0.01%
	CRBG	B	0.03%	0.15%	0.03%
	CRM	B	0.17%	1.26%	0.17%
	CRUS	D	0.02%	0.15%	0.02%
	CTAS	B	0.01%	0.44%	0.01%
	CVNA	B	0.07%	0.4%	0.07%
	CW	B	0.05%	0.28%	0.05%
	CXT	B	0.01%	0.04%	0.01%
	DASH	A	0.03%	0.44%	0.03%
	DELL	C	0.11%	0.35%	0.11%
	DHI	D	0.2%	0.16%	0.16%
	DHR	F	0.63%	0.62%	0.62%
	DKS	C	0.04%	0.2%	0.04%
	DLR	B	0.23%	0.39%	0.23%
	DTM	B	0.04%	0.26%	0.04%
	ECL	D	0.03%	0.38%	0.03%
	ED	D	0.14%	0.21%	0.14%
	EHC	B	0.04%	0.13%	0.04%
	EME	C	0.05%	0.32%	0.05%
	EQIX	A	0.33%	0.0%	0.0%
	ESS	B	0.07%	0.1%	0.07%
	ETN	A	0.53%	0.69%	0.53%
	EVR	B	0.04%	0.24%	0.04%
	EXP	A	0.01%	0.26%	0.01%
	FANG	D	0.13%	0.28%	0.13%
	FCNCA	A	0.09%	0.05%	0.05%
	FE	C	0.1%	0.1%	0.1%
	FFIV	B	0.05%	0.26%	0.05%
	FI	A	0.31%	0.25%	0.25%
	FICO	B	0.03%	0.42%	0.03%
	FRPT	B	0.02%	0.22%	0.02%
	FTI	A	0.05%	0.24%	0.05%
	FYBR	D	0.04%	0.06%	0.04%
	GAP	C	0.02%	0.18%	0.02%
	GD	F	0.32%	0.43%	0.32%
	GE	D	0.59%	0.84%	0.59%
	GEN	B	0.06%	0.26%	0.06%
	GEV	B	0.33%	0.39%	0.33%
	GLW	B	0.15%	0.32%	0.15%
	GS	A	0.48%	0.54%	0.48%
	GWRE	A	0.03%	0.26%	0.03%
	GWW	B	0.02%	0.39%	0.02%
	H	B	0.02%	0.16%	0.02%
	HCA	F	0.2%	0.2%	0.2%
	HD	A	0.32%	1.39%	0.32%
	HIG	B	0.13%	0.27%	0.13%
	HII	D	0.03%	0.08%	0.03%
	HLT	A	0.11%	0.4%	0.11%
	HPE	B	0.1%	0.18%	0.1%
	HPQ	B	0.11%	0.2%	0.11%
	HRB	D	0.03%	0.1%	0.03%
	HUBB	B	0.09%	0.29%	0.09%
	HWM	A	0.15%	0.37%	0.15%
	IBKR	A	0.06%	0.24%	0.06%
	IBM	C	0.76%	0.8%	0.76%
	ICE	C	0.35%	0.28%	0.28%
	IFF	D	0.1%	0.19%	0.1%
	INFA	D	0.01%	0.08%	0.01%
	INGR	B	0.03%	0.21%	0.03%
	INVH	D	0.08%	0.04%	0.04%
	IQV	D	0.13%	0.25%	0.13%
	IRM	D	0.06%	0.29%	0.06%
	JEF	A	0.03%	0.27%	0.03%
	JLL	D	0.04%	0.13%	0.04%
	JNPR	F	0.05%	0.2%	0.05%
	KD	B	0.02%	0.19%	0.02%
	KKR	A	0.27%	0.55%	0.27%
	KO	D	0.43%	0.17%	0.17%
	KR	B	0.15%	0.26%	0.15%
	LAMR	D	0.03%	0.09%	0.03%
	LDOS	C	0.1%	0.31%	0.1%
	LIN	D	0.88%	0.2%	0.2%
	LOPE	B	0.01%	0.14%	0.01%
	LOW	D	0.6%	0.34%	0.34%
	LPX	B	0.01%	0.11%	0.01%
	MCK	B	0.15%	0.47%	0.15%
	MOH	F	0.03%	0.21%	0.03%
	MPC	D	0.21%	0.35%	0.21%
	MRVL	B	0.25%	0.48%	0.25%
	MSI	B	0.16%	0.46%	0.16%
	MSTR	C	0.14%	0.67%	0.14%
	MTG	C	0.03%	0.1%	0.03%
	MTSI	B	0.03%	0.14%	0.03%
	MU	D	0.44%	0.5%	0.44%
	NI	A	0.06%	0.21%	0.06%
	NRG	B	0.04%	0.27%	0.04%
	NSA	D	0.01%	0.05%	0.01%
	NTAP	C	0.05%	0.26%	0.05%
	NTNX	A	0.04%	0.26%	0.04%
	NVT	B	0.05%	0.22%	0.05%
	OHI	C	0.04%	0.12%	0.04%
	OLED	D	0.02%	0.07%	0.02%
	ONTO	D	0.03%	0.19%	0.03%
	ORI	A	0.03%	0.13%	0.03%
	ORLY	B	0.02%	0.39%	0.02%
	PAG	B	0.01%	0.12%	0.01%
	PCAR	B	0.21%	0.37%	0.21%
	PEG	A	0.18%	0.06%	0.06%
	PG	A	1.21%	0.19%	0.19%
	PGR	A	0.09%	0.67%	0.09%
	PH	A	0.32%	0.5%	0.32%
	PHM	D	0.11%	0.26%	0.11%
	PM	B	0.83%	0.79%	0.79%
	PNR	A	0.07%	0.06%	0.06%
	POST	C	0.02%	0.18%	0.02%
	PPC	C	0.01%	0.1%	0.01%
	PRI	A	0.04%	0.08%	0.04%
	PSN	D	0.02%	0.23%	0.02%
	PSTG	D	0.01%	0.19%	0.01%
	PSX	C	0.2%	0.35%	0.2%
	PTC	A	0.03%	0.28%	0.03%
	PWR	A	0.12%	0.38%	0.12%
	QCOM	F	0.05%	0.75%	0.05%
	R	B	0.02%	0.2%	0.02%
	RCL	A	0.13%	0.44%	0.13%
	RGA	A	0.06%	0.24%	0.06%
	ROIV	C	0.02%	0.09%	0.02%
	ROP	B	0.23%	0.36%	0.23%
	RPM	A	0.05%	0.12%	0.05%
	RS	B	0.07%	0.07%	0.07%
	RSG	A	0.16%	0.32%	0.16%
	SAIC	F	0.03%	0.22%	0.03%
	SLM	A	0.02%	0.03%	0.02%
	SN	D	0.02%	0.2%	0.02%
	SNX	C	0.03%	0.13%	0.03%
	SO	D	0.4%	0.19%	0.19%
	SPB	C	0.01%	0.11%	0.01%
	SPG	B	0.16%	0.37%	0.16%
	SRE	A	0.21%	0.07%	0.07%
	SSNC	B	0.06%	0.23%	0.06%
	STAG	F	0.03%	0.01%	0.01%
	STLD	B	0.08%	0.25%	0.08%
	SYK	C	0.36%	0.62%	0.36%
	T	A	0.65%	0.22%	0.22%
	TDG	D	0.23%	0.42%	0.23%
	TER	D	0.01%	0.12%	0.01%
	THC	D	0.06%	0.23%	0.06%
	TJX	A	0.21%	0.6%	0.21%
	TKR	D	0.02%	0.01%	0.01%
	TMO	F	0.84%	0.79%	0.79%
	TMUS	B	0.43%	0.59%	0.43%
	TOL	B	0.06%	0.24%	0.06%
	TPG	A	0.02%	0.09%	0.02%
	TPR	B	0.04%	0.19%	0.04%
	TT	A	0.22%	0.51%	0.22%
	TW	A	0.04%	0.14%	0.04%
	TXN	C	0.65%	0.78%	0.65%
	TXT	D	0.06%	0.18%	0.06%
	TYL	B	0.02%	0.27%	0.02%
	UHS	D	0.05%	0.19%	0.05%
	UNH	C	1.94%	1.34%	1.34%
	UNM	A	0.05%	0.17%	0.05%
	URI	B	0.16%	0.4%	0.16%
	USFD	A	0.06%	0.25%	0.06%
	VLO	C	0.17%	0.25%	0.17%
	VLTO	D	0.06%	0.09%	0.06%
	VRTX	F	0.25%	0.59%	0.25%
	VTR	C	0.11%	0.26%	0.11%
	WDC	D	0.09%	0.25%	0.09%
	WELL	A	0.33%	0.45%	0.33%
	WLK	D	0.02%	0.16%	0.02%
	WMB	A	0.25%	0.44%	0.25%
	WSM	B	0.03%	0.07%	0.03%
	WSO	A	0.07%	0.19%	0.07%

VONV Overweight 633 Positions Relative to JMOM

	Symbol	Grade	Weight
	JPM	A	2.55%
	XOM	B	2.1%
	JNJ	D	1.54%
	WMT	A	1.42%
	BAC	A	1.14%
	CVX	A	1.03%
	WFC	A	0.91%
	CSCO	B	0.89%
	ACN	C	0.87%
	MCD	D	0.79%
	ABT	B	0.78%
	DIS	B	0.71%
	VZ	C	0.71%
	CMCSA	B	0.67%
	NEE	D	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	SPGI	C	0.6%
	BLK	C	0.58%
	MS	A	0.51%
	C	A	0.49%
	MDT	D	0.46%
	BMY	B	0.45%
	HON	B	0.45%
	GILD	C	0.44%
	PLD	D	0.42%
	DE	A	0.41%
	UPS	C	0.39%
	SCHW	B	0.38%
	MDLZ	F	0.37%
	INTC	D	0.37%
	MMC	B	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	BA	F	0.34%
	ELV	F	0.32%
	LMT	D	0.32%
	CI	F	0.32%
	REGN	F	0.32%
	CME	A	0.32%
	PYPL	B	0.32%
	UNP	C	0.3%
	PNC	B	0.3%
	USB	A	0.3%
	CVS	D	0.29%
	AON	A	0.29%
	APD	A	0.28%
	TGT	F	0.28%
	EOG	A	0.28%
	NOC	D	0.28%
	BDX	F	0.27%
	FCX	D	0.26%
	CSX	B	0.26%
	COF	B	0.25%
	EMR	A	0.25%
	FDX	B	0.25%
	MAR	B	0.24%
	OKE	A	0.23%
	NSC	B	0.23%
	GM	B	0.23%
	SLB	C	0.23%
	TFC	A	0.23%
	MMM	D	0.23%
	TRV	B	0.22%
	O	D	0.21%
	AEP	D	0.21%
	NEM	D	0.21%
	AIG	B	0.2%
	CARR	D	0.2%
	D	C	0.2%
	FIS	C	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	KMI	A	0.19%
	PEP	F	0.19%
	ITW	B	0.19%
	KVUE	A	0.18%
	PRU	A	0.18%
	PSA	D	0.18%
	CMI	A	0.18%
	MET	A	0.18%
	JCI	C	0.17%
	AME	A	0.17%
	CTVA	C	0.17%
	PCG	A	0.17%
	MCHP	D	0.16%
	EXC	C	0.16%
	OTIS	C	0.16%
	EA	A	0.16%
	F	C	0.16%
	LEN	D	0.16%
	DAL	C	0.15%
	KDP	D	0.15%
	STZ	D	0.15%
	DFS	B	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	AMGN	D	0.15%
	GIS	D	0.15%
	BKR	B	0.15%
	A	D	0.15%
	IR	B	0.15%
	NUE	C	0.14%
	EXR	D	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	DOW	F	0.14%
	GEHC	F	0.14%
	ROST	C	0.14%
	NKE	D	0.14%
	EIX	B	0.13%
	AVB	B	0.13%
	MTB	A	0.13%
	EW	C	0.13%
	CNC	D	0.13%
	WAB	B	0.13%
	ETR	B	0.13%
	VICI	C	0.13%
	OXY	D	0.13%
	PPG	F	0.12%
	EBAY	D	0.12%
	XYL	D	0.12%
	CSGP	D	0.12%
	KHC	F	0.12%
	FITB	A	0.12%
	WEC	A	0.12%
	ON	D	0.12%
	NDAQ	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	HUM	C	0.12%
	ADM	D	0.11%
	GPN	B	0.11%
	EQR	B	0.11%
	KMB	D	0.11%
	SW	A	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%
	PAYX	C	0.11%
	PPL	B	0.1%
	TROW	B	0.1%
	DVN	F	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	SBUX	A	0.1%
	FTV	C	0.1%
	BIIB	F	0.1%
	UAL	A	0.1%
	RMD	C	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	DOV	A	0.1%
	KEYS	A	0.1%
	EFX	F	0.1%
	LNG	B	0.09%
	CINF	A	0.09%
	SYF	B	0.09%
	STE	F	0.09%
	ZBH	C	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	HSY	F	0.09%
	HBAN	A	0.09%
	LYB	F	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%
	APO	B	0.08%
	PFG	D	0.08%
	CFG	B	0.08%
	LH	C	0.08%
	IP	B	0.08%
	ARE	D	0.08%
	BBY	D	0.08%
	OMC	C	0.08%
	MKC	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%
	FSLR	F	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	K	A	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	SUI	D	0.07%
	TSN	B	0.07%
	CSL	C	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	DGX	A	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	MAA	B	0.07%
	MAS	D	0.07%
	CTRA	B	0.07%
	BAX	D	0.07%
	BALL	D	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	BLDR	D	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	CAG	D	0.06%
	UDR	B	0.06%
	VRSN	F	0.06%
	SWKS	F	0.06%
	EXPD	D	0.06%
	NDSN	B	0.06%
	L	A	0.06%
	SYY	B	0.06%
	SWK	D	0.06%
	ZTS	D	0.06%
	ACM	A	0.06%
	RVTY	F	0.06%
	TRMB	B	0.06%
	JBHT	C	0.06%
	CF	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	OC	A	0.06%
	ZBRA	B	0.06%
	LNT	A	0.06%
	APTV	D	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	KIM	A	0.06%
	DOC	D	0.06%
	KEY	B	0.06%
	GPC	D	0.06%
	AMCR	D	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%
	ALLE	D	0.05%
	EMN	D	0.05%
	JBL	B	0.05%
	BMRN	D	0.05%
	CDW	F	0.05%
	BXP	D	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	REG	B	0.05%
	JKHY	D	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EVRG	A	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	WST	C	0.04%
	DCI	B	0.04%
	WBS	A	0.04%
	HRL	D	0.04%
	WAL	B	0.04%
	CPB	D	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	DRI	B	0.04%
	LAD	A	0.04%
	AOS	F	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%
	AFG	A	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	TAP	C	0.04%
	DAY	B	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	FOXA	B	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	C	0.04%
	EPAM	C	0.04%
	WWD	B	0.04%
	AIZ	A	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	EL	F	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	CE	F	0.04%
	FBIN	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	AVY	D	0.04%
	RPRX	D	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	INCY	C	0.04%
	RRX	B	0.04%
	IPG	D	0.04%
	ATR	B	0.04%
	ALB	C	0.04%
	FDS	B	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	ARW	D	0.03%
	OKTA	C	0.03%
	IVZ	B	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	FAF	A	0.03%
	RGEN	D	0.03%
	ATI	D	0.03%
	SIRI	C	0.03%
	WMS	D	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%
	G	B	0.03%
	QRVO	F	0.03%
	JAZZ	B	0.03%
	WBA	F	0.03%
	RHI	B	0.03%
	FCN	D	0.03%
	MAT	D	0.03%
	AGNC	D	0.03%
	ROKU	D	0.03%
	FND	C	0.03%
	MIDD	C	0.03%
	SSD	D	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	GNTX	C	0.03%
	PR	B	0.03%
	MHK	D	0.03%
	GXO	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	RRC	B	0.03%
	SNV	B	0.03%
	CHE	D	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	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%
	ZION	B	0.03%
	SHW	A	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	MNST	C	0.03%
	ACI	C	0.03%
	LW	C	0.03%
	BWA	D	0.03%
	EXAS	D	0.03%
	LECO	B	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%
	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%
	ALLY	C	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%
	ADP	B	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	MOS	F	0.03%
	CZR	F	0.03%
	X	C	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%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	F	0.02%
	CLF	F	0.02%
	FLO	D	0.02%
	UHAL	D	0.02%
	M	D	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	DBX	B	0.02%
	WSC	D	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%
	BYD	C	0.02%
	HXL	D	0.02%
	OLN	D	0.02%
	OGN	D	0.02%
	GNRC	B	0.02%
	SEE	C	0.02%
	UGI	A	0.02%
	ZG	A	0.02%
	SON	D	0.02%
	ST	F	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	IDA	A	0.02%
	CROX	D	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	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%
	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%
	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%
	LEN	D	0.01%
	VSTS	C	0.01%
	BIRK	D	0.01%
	QS	F	0.01%
	UAA	C	0.01%
	CRI	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%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	ULTA	F	0.01%
	CWEN	C	0.01%
	CC	C	0.01%
	VIRT	B	0.01%
	AGR	B	0.01%
	ALGM	D	0.01%
	VAC	B	0.01%
	CLVT	F	0.01%
	COLM	B	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	WU	D	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%
	GFS	C	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%
	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%
	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 62 Positions Relative to JMOM

	Symbol	Grade	Weight
	NVDA	C	-2.48%
	AVGO	D	-2.21%
	META	D	-2.02%
	MSFT	F	-1.85%
	GOOGL	C	-1.82%
	AAPL	C	-1.75%
	LLY	F	-1.57%
	COST	B	-1.46%
	ORCL	B	-0.94%
	NOW	A	-0.9%
	NFLX	A	-0.83%
	APP	B	-0.82%
	ISRG	A	-0.8%
	INTU	C	-0.79%
	PLTR	B	-0.74%
	AMZN	C	-0.64%
	PANW	C	-0.6%
	UBER	D	-0.57%
	ANET	C	-0.54%
	CRWD	B	-0.5%
	VST	B	-0.49%
	SPOT	B	-0.47%
	WM	A	-0.47%
	KLAC	D	-0.44%
	LRCX	F	-0.44%
	VRT	B	-0.44%
	AXON	A	-0.43%
	CMG	B	-0.41%
	TTD	B	-0.4%
	NU	C	-0.36%
	TRGP	B	-0.36%
	IT	C	-0.33%
	COR	B	-0.32%
	XPO	B	-0.31%
	ARES	A	-0.31%
	GDDY	A	-0.3%
	DECK	A	-0.29%
	BAH	F	-0.27%
	ZS	C	-0.26%
	LII	A	-0.26%
	MANH	D	-0.25%
	HEI	B	-0.23%
	MPWR	F	-0.22%
	TPX	B	-0.21%
	SCCO	F	-0.2%
	MEDP	D	-0.18%
	WING	D	-0.18%
	DKNG	B	-0.18%
	MRK	F	-0.17%
	TSCO	D	-0.15%
	ROL	B	-0.15%
	SNPS	B	-0.11%
	VRSK	A	-0.1%
	VKTX	F	-0.1%
	WFRD	D	-0.1%
	VVV	F	-0.09%
	SMCI	F	-0.08%
	APPF	B	-0.08%
	BSY	D	-0.05%
	RYAN	B	-0.04%
	ESTC	C	-0.02%
	MORN	B	-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

JMOM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Business Services Aerospace & Defense Asset Management Specialty Retail Diversified Industrials Information Technology Services Semiconductor Equipment & Materials Electronic Components Packaged Foods Specialty Chemicals Specialty Industrial Machinery Building Materials Capital Markets Diagnostics & Research Insurance - Diversified Internet Content & Information Medical Care

Keywords: S&P 500 Nasdaq 100 Computing Insurance Electronics IBD 50 Natural Gas Semiconductor Cloud Computing Dow Jones Component Aerospace Insurance Products Integrated Circuits Electricity Work From Home Disability Mobile Devices Cloud Infrastructure Mining Smartphones