VONV vs. LKOR ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)

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 1000Â® 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

LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description

Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.59

Average Daily Volume

9,293

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	VONV	LKOR
30 Days	2.34%	1.94%
60 Days	4.61%	6.25%
90 Days	9.07%	8.44%
12 Months	26.73%	19.58%

139 Overlapping Holdings

Symbol	Grade	Weight in VONV	Weight in LKOR	Overlap
ABBV	B	0.79%	0.33%	0.33%
ACGL	B	0.16%	0.55%	0.16%
AEE	B	0.09%	0.24%	0.09%
AEP	C	0.21%	0.28%	0.21%
AFL	A	0.25%	0.12%	0.12%
AIG	D	0.21%	0.23%	0.21%
AIZ	B	0.04%	0.18%	0.04%
ALL	C	0.17%	0.04%	0.04%
AMGN	D	0.16%	0.23%	0.16%
AON	B	0.27%	0.13%	0.13%
APTV	D	0.08%	0.13%	0.08%
ARE	C	0.08%	0.18%	0.08%
ATO	B	0.08%	0.23%	0.08%
BA	F	0.34%	0.37%	0.34%
BAC	D	1.11%	0.23%	0.23%
BDX	D	0.28%	0.23%	0.23%
BHF	F	0.01%	0.1%	0.01%
BIIB	F	0.12%	0.09%	0.09%
BWA	C	0.03%	0.11%	0.03%
C	C	0.48%	0.21%	0.21%
CAG	B	0.06%	0.24%	0.06%
CAH	C	0.04%	0.31%	0.04%
CCI	C	0.2%	0.19%	0.19%
CHD	C	0.1%	0.11%	0.1%
CHTR	D	0.13%	0.26%	0.13%
CMCSA	C	0.62%	0.24%	0.24%
CMS	B	0.08%	0.24%	0.08%
CPB	C	0.04%	0.18%	0.04%
CSCO	B	0.82%	0.23%	0.23%
CSX	C	0.27%	0.12%	0.12%
CVS	D	0.29%	0.36%	0.29%
D	C	0.19%	0.23%	0.19%
DG	F	0.07%	0.11%	0.07%
DHR	B	0.72%	0.1%	0.1%
DOV	B	0.1%	0.24%	0.1%
DOW	C	0.15%	0.32%	0.15%
DUK	B	0.35%	0.5%	0.35%
EA	D	0.16%	0.09%	0.09%
EBAY	B	0.12%	0.18%	0.12%
ED	B	0.14%	0.29%	0.14%
EFX	C	0.12%	0.13%	0.12%
EG	B	0.06%	0.2%	0.06%
EIX	B	0.13%	0.21%	0.13%
EL	D	0.05%	0.21%	0.05%
ELV	D	0.44%	0.1%	0.1%
EMR	D	0.24%	0.12%	0.12%
EXC	B	0.15%	0.22%	0.15%
FITB	B	0.12%	0.39%	0.12%
FMC	B	0.03%	0.11%	0.03%
FOXA	B	0.04%	0.24%	0.04%
FTV	C	0.1%	0.05%	0.05%
GILD	B	0.4%	0.35%	0.35%
GLW	B	0.13%	0.1%	0.1%
GM	C	0.23%	0.13%	0.13%
GS	B	0.47%	0.21%	0.21%
GWW	B	0.02%	0.24%	0.02%
HAL	F	0.11%	0.14%	0.11%
HAS	B	0.0%	0.13%	0.0%
HCA	B	0.23%	0.24%	0.23%
HD	B	0.3%	0.19%	0.19%
HIG	B	0.14%	0.2%	0.14%
HON	C	0.46%	0.25%	0.25%
HPE	C	0.1%	0.37%	0.1%
HPQ	C	0.11%	0.24%	0.11%
HUM	F	0.17%	0.07%	0.07%
IBM	B	0.74%	0.23%	0.23%
IFF	A	0.11%	0.12%	0.11%
INTC	D	0.38%	0.37%	0.37%
IPG	C	0.05%	0.12%	0.05%
ITW	B	0.19%	0.06%	0.06%
JCI	B	0.17%	0.13%	0.13%
JEF	C	0.03%	0.26%	0.03%
JNJ	C	1.61%	0.12%	0.12%
JPM	D	2.59%	0.09%	0.09%
KDP	B	0.16%	0.24%	0.16%
KIM	C	0.06%	0.1%	0.06%
KMB	C	0.11%	0.26%	0.11%
KMI	C	0.17%	0.19%	0.17%
KO	B	0.48%	0.19%	0.19%
LEA	D	0.03%	0.18%	0.03%
LHX	C	0.18%	0.05%	0.05%
LMT	A	0.33%	0.24%	0.24%
LNT	A	0.06%	0.4%	0.06%
LOW	B	0.57%	0.25%	0.25%
LYB	D	0.1%	0.23%	0.1%
MAS	B	0.07%	0.11%	0.07%
MCD	B	0.78%	0.12%	0.12%
MCK	F	0.17%	0.23%	0.17%
MDLZ	C	0.39%	0.09%	0.09%
MET	B	0.19%	0.14%	0.14%
MKL	C	0.06%	0.24%	0.06%
MLM	D	0.12%	0.11%	0.11%
MMC	C	0.39%	0.24%	0.24%
MMM	B	0.24%	0.26%	0.24%
MO	C	0.37%	0.2%	0.2%
MRO	D	0.07%	0.22%	0.07%
MS	B	0.45%	0.14%	0.14%
NDAQ	C	0.12%	0.19%	0.12%
NEM	C	0.25%	0.24%	0.24%
NI	B	0.06%	0.37%	0.06%
NNN	B	0.03%	0.29%	0.03%
NOC	B	0.29%	0.26%	0.26%
NSC	C	0.23%	0.12%	0.12%
OC	C	0.06%	0.11%	0.06%
OKE	C	0.22%	0.24%	0.22%
OTIS	B	0.15%	0.1%	0.1%
PCG	C	0.17%	0.09%	0.09%
PGR	C	0.09%	0.23%	0.09%
PM	C	0.77%	0.7%	0.7%
PRU	C	0.17%	0.11%	0.11%
REG	C	0.05%	0.11%	0.05%
REGN	D	0.46%	0.17%	0.17%
RF	B	0.09%	0.28%	0.09%
RJF	C	0.09%	0.11%	0.09%
RPM	B	0.05%	0.1%	0.05%
RPRX	C	0.05%	0.09%	0.05%
SBUX	C	0.1%	0.23%	0.1%
SHW	B	0.03%	0.21%	0.03%
SJM	C	0.05%	0.1%	0.05%
SO	B	0.38%	0.11%	0.11%
SPGI	C	0.64%	0.16%	0.16%
SRE	B	0.21%	0.21%	0.21%
STZ	C	0.15%	0.19%	0.15%
T	B	0.57%	0.09%	0.09%
TT	B	0.22%	0.12%	0.12%
TXN	B	0.69%	0.23%	0.23%
UNH	C	2.03%	0.16%	0.16%
UNP	D	0.33%	0.16%	0.16%
VMI	C	0.02%	0.22%	0.02%
VTR	C	0.1%	0.12%	0.1%
VZ	A	0.71%	0.18%	0.18%
WBA	F	0.03%	0.1%	0.03%
WEC	B	0.12%	0.24%	0.12%
WELL	C	0.29%	0.12%	0.12%
WFC	D	0.82%	0.25%	0.25%
WRB	D	0.07%	0.23%	0.07%
WTW	B	0.12%	0.1%	0.1%
XOM	D	2.12%	0.12%	0.12%
ZTS	B	0.06%	0.19%	0.06%

VONV Overweight 700 Positions Relative to LKOR

Symbol	Grade	Weight
BRK.A	C	3.5%
WMT	B	1.35%
PG	C	1.26%
CVX	F	1.02%
TMO	B	0.94%
LIN	B	0.92%
ACN	C	0.86%
ABT	C	0.79%
DIS	D	0.67%
RTX	B	0.66%
PFE	D	0.66%
NEE	B	0.66%
GE	C	0.6%
CAT	B	0.6%
COP	F	0.54%
BLK	B	0.53%
ETN	C	0.49%
BSX	B	0.48%
ADI	C	0.47%
MDT	B	0.47%
PLD	C	0.47%
CB	B	0.46%
MU	D	0.43%
BMY	C	0.41%
TMUS	B	0.39%
DE	A	0.39%
UPS	D	0.38%
CI	C	0.37%
SYK	C	0.37%
AXP	B	0.37%
ICE	C	0.37%
SCHW	D	0.35%
AMD	C	0.33%
GD	C	0.33%
PH	B	0.31%
USB	C	0.3%
EOG	D	0.3%
EQIX	B	0.3%
PYPL	B	0.3%
TGT	C	0.29%
PNC	C	0.29%
FDX	D	0.27%
VRTX	D	0.26%
APD	B	0.25%
MPC	F	0.25%
SLB	F	0.25%
FCX	C	0.25%
AJG	D	0.24%
ROP	C	0.24%
TFC	D	0.24%
KKR	B	0.24%
PSX	F	0.24%
TDG	B	0.24%
MRVL	D	0.24%
TJX	C	0.22%
GEV	B	0.22%
MAR	B	0.22%
COF	B	0.22%
WMB	C	0.22%
DHI	C	0.22%
CEG	C	0.21%
TRV	C	0.21%
O	B	0.21%
DLR	B	0.2%
CARR	B	0.2%
PCAR	D	0.2%
PEP	D	0.2%
BK	B	0.2%
FIS	C	0.19%
VLO	F	0.19%
F	F	0.18%
LEN	B	0.18%
PSA	C	0.18%
A	C	0.17%
KVUE	B	0.17%
CNC	D	0.17%
CMI	B	0.17%
RSG	D	0.17%
MCHP	D	0.17%
CTSH	B	0.16%
CL	C	0.16%
AME	C	0.16%
CTVA	B	0.16%
IQV	D	0.16%
PEG	B	0.16%
SPG	B	0.16%
GIS	B	0.16%
NUE	D	0.15%
HWM	B	0.15%
IR	B	0.15%
EXR	C	0.15%
URI	B	0.15%
OXY	F	0.15%
ROST	C	0.15%
MSI	B	0.15%
NKE	D	0.15%
EW	F	0.14%
XEL	B	0.14%
DFS	C	0.14%
FANG	F	0.14%
VICI	C	0.14%
BKR	C	0.14%
DD	B	0.14%
CBRE	B	0.14%
KR	B	0.14%
CRM	C	0.14%
CSGP	D	0.13%
KHC	C	0.13%
AVB	C	0.13%
GEHC	B	0.13%
XYL	C	0.13%
APH	C	0.13%
ON	D	0.13%
WAB	B	0.12%
ADM	D	0.12%
PPG	C	0.12%
MTD	C	0.12%
STT	B	0.11%
HLT	B	0.11%
KEYS	B	0.11%
PAYX	C	0.11%
TTWO	D	0.11%
NVR	B	0.11%
DAL	C	0.11%
PHM	B	0.11%
PWR	B	0.11%
AWK	C	0.11%
ANSS	D	0.11%
DVN	F	0.11%
GPN	D	0.11%
EQR	C	0.11%
ROK	D	0.11%
GRMN	D	0.11%
MTB	C	0.11%
ES	B	0.1%
STE	B	0.1%
VMC	C	0.1%
DELL	C	0.1%
FSLR	C	0.1%
SBAC	C	0.1%
FCNCA	D	0.1%
HSY	D	0.1%
MRNA	F	0.1%
FE	B	0.1%
RCL	B	0.1%
ETR	A	0.1%
DTE	A	0.1%
RMD	C	0.1%
SQ	D	0.09%
LDOS	A	0.09%
HUBB	B	0.09%
WDC	C	0.09%
HBAN	B	0.09%
BBY	A	0.09%
CBOE	C	0.09%
WY	C	0.09%
INVH	D	0.09%
TROW	C	0.09%
YUM	B	0.09%
PPL	A	0.09%
ZBH	F	0.09%
HOLX	D	0.08%
MSCI	C	0.08%
J	A	0.08%
MAA	C	0.08%
BLDR	C	0.08%
PFG	B	0.08%
WBD	D	0.08%
ESS	C	0.08%
BAX	C	0.08%
OMC	B	0.08%
MSTR	C	0.08%
CFG	D	0.08%
BALL	C	0.08%
GPC	D	0.08%
SYF	C	0.08%
MKC	C	0.08%
TDY	B	0.08%
LNG	D	0.08%
ILMN	D	0.08%
CINF	C	0.08%
K	A	0.08%
RS	D	0.07%
WSO	C	0.07%
AMCR	B	0.07%
CCL	C	0.07%
SUI	C	0.07%
IP	C	0.07%
ZM	C	0.07%
BMRN	F	0.07%
LUV	C	0.07%
CNP	C	0.07%
DLTR	F	0.07%
TXT	D	0.07%
DGX	B	0.07%
CSL	B	0.07%
AVTR	C	0.07%
SWKS	F	0.07%
TRU	B	0.07%
STLD	C	0.07%
CTRA	F	0.07%
TSN	D	0.07%
NTRS	C	0.07%
EQT	C	0.07%
PKG	B	0.07%
NTAP	D	0.06%
UHS	C	0.06%
TRMB	C	0.06%
ZBRA	B	0.06%
GGG	C	0.06%
BRO	C	0.06%
IRM	C	0.06%
BG	F	0.06%
VTRS	D	0.06%
JBHT	D	0.06%
UAL	B	0.06%
RGA	C	0.06%
NDSN	C	0.06%
EXPD	B	0.06%
UDR	C	0.06%
PNR	B	0.06%
SNA	B	0.06%
SYY	C	0.06%
L	D	0.06%
VRSN	C	0.06%
TOL	A	0.06%
CDW	D	0.06%
APO	B	0.06%
VLTO	B	0.06%
FNF	B	0.06%
AKAM	D	0.06%
CF	B	0.06%
IEX	C	0.06%
SWK	B	0.06%
RBA	D	0.06%
KEY	C	0.06%
DOC	B	0.06%
UTHR	B	0.06%
THC	C	0.06%
SSNC	C	0.06%
NVT	C	0.05%
INCY	C	0.05%
ITT	B	0.05%
BLD	C	0.05%
OVV	F	0.05%
TECH	C	0.05%
FTI	D	0.05%
TFX	B	0.05%
EWBC	C	0.05%
CUBE	C	0.05%
RIVN	F	0.05%
JBL	C	0.05%
BXP	C	0.05%
FFIV	B	0.05%
CHRW	B	0.05%
EMN	B	0.05%
CW	B	0.05%
ALLE	B	0.05%
SW	B	0.05%
QCOM	D	0.05%
AES	C	0.05%
DKS	D	0.05%
HST	D	0.05%
KMX	D	0.05%
JNPR	A	0.05%
JKHY	B	0.05%
CLH	C	0.05%
CPT	C	0.05%
WPC	C	0.05%
EVRG	B	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%
DRI	C	0.04%
SOLV	D	0.04%
EGP	C	0.04%
FTNT	B	0.04%
MKTX	D	0.04%
WST	D	0.04%
HSIC	C	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%
MOS	F	0.04%
MGM	D	0.04%
CHRD	F	0.04%
EHC	B	0.04%
RGLD	C	0.04%
DPZ	D	0.04%
TPR	A	0.04%
HRL	F	0.04%
TAP	D	0.04%
FRT	C	0.04%
AFG	C	0.04%
ARMK	B	0.04%
TTC	F	0.04%
GL	D	0.04%
OHI	C	0.04%
PFGC	B	0.04%
CHK	C	0.04%
WTRG	D	0.04%
MTCH	C	0.04%
WWD	C	0.04%
TTEK	C	0.04%
PNW	C	0.04%
DOX	C	0.04%
AFRM	D	0.04%
AOS	B	0.04%
CRL	F	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%
FDS	C	0.04%
EPAM	F	0.04%
BJ	D	0.04%
CCK	B	0.04%
UNM	B	0.04%
ALB	D	0.04%
NRG	B	0.04%
CACI	B	0.04%
NWSA	D	0.04%
CE	D	0.04%
REXR	C	0.04%
NTNX	D	0.04%
CTLT	B	0.04%
EME	B	0.04%
LKQ	F	0.04%
AVY	C	0.04%
CASY	D	0.04%
RRX	C	0.04%
QRVO	F	0.04%
SCI	C	0.04%
HII	F	0.04%
IVZ	B	0.03%
R	C	0.03%
GME	D	0.03%
PARA	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%
RL	B	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%
BBWI	D	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%
MNST	D	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%
ALGN	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%
MOH	D	0.03%
PNFP	C	0.03%
CRBG	C	0.03%
CMA	C	0.03%
DAY	D	0.03%
ELAN	D	0.03%
CBSH	D	0.03%
DTM	C	0.03%
LECO	D	0.03%
CR	B	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%
WAT	B	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%
CZR	C	0.03%
ALSN	B	0.03%
BKNG	B	0.03%
GMED	D	0.03%
LAD	B	0.03%
ADP	C	0.03%
LAMR	B	0.03%
KNX	C	0.03%
ACI	F	0.03%
BRX	C	0.03%
MHK	B	0.03%
COLD	D	0.03%
CIEN	B	0.03%
TW	B	0.03%
JLL	B	0.03%
PTC	C	0.03%
ECL	B	0.03%
KBR	D	0.03%
SKX	C	0.03%
X	F	0.03%
RBC	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%
AMP	B	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%
GNRC	D	0.02%
ZG	C	0.02%
AZO	B	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%
FOX	B	0.02%
SN	B	0.02%
IDA	B	0.02%
ORLY	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%
POST	B	0.02%
BEN	F	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%
LW	D	0.02%
MTSI	C	0.02%
FAST	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%
LEN	B	0.01%
AZEK	C	0.01%
GO	F	0.01%
ALGM	D	0.01%
VSTS	D	0.01%
FTRE	F	0.01%
TER	C	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%
BR	C	0.01%
RCM	C	0.01%
ETSY	D	0.01%
JWN	C	0.01%
ULTA	D	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%
LOPE	D	0.01%
CACC	F	0.01%
NWL	C	0.01%
SMG	B	0.01%
RH	C	0.01%
TNL	C	0.01%
PAYC	D	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%
NWS	D	0.01%
NSA	C	0.01%
HIW	C	0.01%
WU	C	0.01%
MAN	C	0.01%
EPR	C	0.01%
CTAS	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 24 Positions Relative to LKOR

Symbol	Grade	Weight
SCCO	C	-0.64%
HSBC	B	-0.48%
V	C	-0.4%
KOF	D	-0.37%
CP	C	-0.29%
TEL	D	-0.28%
AMT	C	-0.27%
ORCL	B	-0.25%
BHP	C	-0.24%
LH	D	-0.23%
MA	B	-0.22%
NVDA	C	-0.21%
KLAC	D	-0.2%
AVGO	C	-0.2%
PAA	D	-0.2%
AMZN	C	-0.18%
EPD	C	-0.18%
AAPL	C	-0.17%
GOOGL	D	-0.12%
MCO	C	-0.12%
BABA	B	-0.11%
VRSK	D	-0.1%
MSFT	C	-0.1%
SIGI	D	-0.06%