VONV vs. SCHJ ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to HCM Defender 500 Index ETF (SCHJ)

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

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.42

Average Daily Volume

88,949

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	VONV	SCHJ
30 Days	3.51%	-0.36%
60 Days	4.96%	-0.92%
90 Days	7.00%	0.10%
12 Months	29.73%	6.61%

356 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in SCHJ	Overlap
	A	D	0.15%	0.02%	0.02%
	ABBV	D	0.82%	0.03%	0.03%
	ABT	B	0.78%	0.02%	0.02%
	ADI	D	0.44%	0.02%	0.02%
	ADM	D	0.11%	0.02%	0.02%
	ADP	B	0.03%	0.05%	0.03%
	AEE	A	0.09%	0.0%	0.0%
	AEP	D	0.21%	0.01%	0.01%
	AES	F	0.05%	0.0%	0.0%
	AFL	B	0.23%	0.01%	0.01%
	AGO	B	0.02%	0.02%	0.02%
	AGR	B	0.01%	0.02%	0.01%
	AIG	B	0.2%	0.04%	0.04%
	AIZ	A	0.04%	0.02%	0.02%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.04%	0.01%	0.01%
	ALL	A	0.17%	0.03%	0.03%
	ALLE	D	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.03%	0.03%
	AMAT	F	0.05%	0.04%	0.04%
	AMCR	D	0.06%	0.03%	0.03%
	AMG	B	0.02%	0.01%	0.01%
	AMGN	D	0.15%	0.01%	0.01%
	AMP	A	0.02%	0.02%	0.02%
	AN	C	0.02%	0.03%	0.02%
	AON	A	0.29%	0.02%	0.02%
	APD	A	0.28%	0.02%	0.02%
	APH	A	0.13%	0.0%	0.0%
	APTV	D	0.06%	0.01%	0.01%
	ARE	D	0.08%	0.02%	0.02%
	ARW	D	0.03%	0.01%	0.01%
	ATO	A	0.08%	0.05%	0.05%
	AVB	B	0.13%	0.01%	0.01%
	AVT	C	0.02%	0.03%	0.02%
	AWK	D	0.11%	0.02%	0.02%
	AXP	A	0.38%	0.04%	0.04%
	AZO	C	0.02%	0.0%	0.0%
	BA	F	0.34%	0.01%	0.01%
	BAC	A	1.14%	0.03%	0.03%
	BAX	D	0.07%	0.03%	0.03%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.27%	0.05%	0.05%
	BEN	C	0.02%	0.01%	0.01%
	BERY	B	0.03%	0.05%	0.03%
	BG	F	0.05%	0.02%	0.02%
	BIIB	F	0.1%	0.1%	0.1%
	BK	A	0.22%	0.01%	0.01%
	BKNG	A	0.04%	0.02%	0.02%
	BLK	C	0.58%	0.07%	0.07%
	BMY	B	0.45%	0.02%	0.02%
	BR	A	0.01%	0.02%	0.01%
	BRO	B	0.06%	0.01%	0.01%
	BRX	A	0.03%	0.0%	0.0%
	BSX	B	0.49%	0.0%	0.0%
	BWA	D	0.03%	0.03%	0.03%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.49%	0.03%	0.03%
	CAG	D	0.06%	0.01%	0.01%
	CAH	B	0.04%	0.02%	0.02%
	CARR	D	0.2%	0.1%	0.1%
	CAT	B	0.63%	0.02%	0.02%
	CB	C	0.46%	0.02%	0.02%
	CCI	D	0.19%	0.01%	0.01%
	CE	F	0.04%	0.03%	0.03%
	CF	B	0.06%	0.02%	0.02%
	CFG	B	0.08%	0.02%	0.02%
	CHD	B	0.1%	0.01%	0.01%
	CHTR	C	0.12%	0.06%	0.06%
	CI	F	0.32%	0.02%	0.02%
	CL	D	0.14%	0.0%	0.0%
	CMA	A	0.03%	0.04%	0.03%
	CMCSA	B	0.67%	0.01%	0.01%
	CME	A	0.32%	0.07%	0.07%
	CMI	A	0.18%	0.0%	0.0%
	CMS	C	0.08%	0.0%	0.0%
	CNA	B	0.0%	0.02%	0.0%
	CNH	C	0.04%	0.02%	0.02%
	CNP	B	0.07%	0.02%	0.02%
	COF	B	0.25%	0.01%	0.01%
	COP	C	0.51%	0.09%	0.09%
	CPB	D	0.04%	0.01%	0.01%
	CRM	B	0.17%	0.02%	0.02%
	CSCO	B	0.89%	0.03%	0.03%
	CSL	C	0.07%	0.01%	0.01%
	CSX	B	0.26%	0.01%	0.01%
	CTRA	B	0.07%	0.0%	0.0%
	CTVA	C	0.17%	0.02%	0.02%
	CUBE	D	0.04%	0.0%	0.0%
	CVS	D	0.29%	0.01%	0.01%
	CVX	A	1.03%	0.02%	0.02%
	D	C	0.2%	0.02%	0.02%
	DAL	C	0.15%	0.02%	0.02%
	DD	D	0.14%	0.09%	0.09%
	DE	A	0.41%	0.0%	0.0%
	DELL	C	0.11%	0.04%	0.04%
	DFS	B	0.15%	0.02%	0.02%
	DG	F	0.07%	0.03%	0.03%
	DGX	A	0.07%	0.03%	0.03%
	DHI	D	0.2%	0.02%	0.02%
	DHR	F	0.63%	0.01%	0.01%
	DIS	B	0.71%	0.04%	0.04%
	DLR	B	0.23%	0.03%	0.03%
	DLTR	F	0.05%	0.05%	0.05%
	DOC	D	0.06%	0.0%	0.0%
	DOV	A	0.1%	0.02%	0.02%
	DOW	F	0.14%	0.04%	0.04%
	DTE	C	0.1%	0.01%	0.01%
	DUK	C	0.36%	0.02%	0.02%
	DVN	F	0.1%	0.02%	0.02%
	DXC	B	0.01%	0.04%	0.01%
	EA	A	0.16%	0.03%	0.03%
	EBAY	D	0.12%	0.03%	0.03%
	ED	D	0.14%	0.03%	0.03%
	EFX	F	0.1%	0.01%	0.01%
	EIX	B	0.13%	0.0%	0.0%
	EL	F	0.04%	0.02%	0.02%
	EMN	D	0.05%	0.05%	0.05%
	EMR	A	0.25%	0.03%	0.03%
	EOG	A	0.28%	0.02%	0.02%
	EQIX	A	0.33%	0.02%	0.02%
	EQR	B	0.11%	0.03%	0.03%
	ES	D	0.09%	0.01%	0.01%
	ESS	B	0.07%	0.0%	0.0%
	ETN	A	0.53%	0.05%	0.05%
	ETR	B	0.13%	0.02%	0.02%
	EVRG	A	0.05%	0.03%	0.03%
	EXC	C	0.16%	0.03%	0.03%
	FAF	A	0.03%	0.03%	0.03%
	FANG	D	0.13%	0.03%	0.03%
	FCNCA	A	0.09%	0.0%	0.0%
	FDX	B	0.25%	0.04%	0.04%
	FE	C	0.1%	0.01%	0.01%
	FHN	A	0.04%	0.02%	0.02%
	FIS	C	0.2%	0.03%	0.03%
	FITB	A	0.12%	0.01%	0.01%
	FNB	A	0.02%	0.02%	0.02%
	FOXA	B	0.04%	0.04%	0.04%
	FRT	B	0.04%	0.03%	0.03%
	FTNT	C	0.04%	0.03%	0.03%
	FTV	C	0.1%	0.03%	0.03%
	G	B	0.03%	0.02%	0.02%
	GD	F	0.32%	0.02%	0.02%
	GE	D	0.59%	0.03%	0.03%
	GILD	C	0.44%	0.07%	0.07%
	GIS	D	0.15%	0.01%	0.01%
	GLPI	C	0.05%	0.02%	0.02%
	GM	B	0.23%	0.01%	0.01%
	GPN	B	0.11%	0.02%	0.02%
	GS	A	0.48%	0.05%	0.05%
	GWW	B	0.02%	0.03%	0.02%
	GXO	B	0.03%	0.02%	0.02%
	H	B	0.02%	0.02%	0.02%
	HAL	C	0.1%	0.03%	0.03%
	HAS	D	0.0%	0.03%	0.0%
	HBAN	A	0.09%	0.02%	0.02%
	HCA	F	0.2%	0.04%	0.04%
	HD	A	0.32%	0.01%	0.01%
	HES	B	0.05%	0.02%	0.02%
	HII	D	0.03%	0.02%	0.02%
	HOG	D	0.02%	0.02%	0.02%
	HON	B	0.45%	0.04%	0.04%
	HPE	B	0.1%	0.03%	0.03%
	HPQ	B	0.11%	0.1%	0.1%
	HRB	D	0.03%	0.02%	0.02%
	HRL	D	0.04%	0.05%	0.04%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.09%	0.01%	0.01%
	HUBB	B	0.09%	0.02%	0.02%
	HUM	C	0.12%	0.01%	0.01%
	IBM	C	0.76%	0.03%	0.03%
	ICE	C	0.35%	0.02%	0.02%
	IFF	D	0.1%	0.03%	0.03%
	ILMN	D	0.09%	0.02%	0.02%
	INTC	D	0.37%	0.02%	0.02%
	IP	B	0.08%	0.03%	0.03%
	ITW	B	0.19%	0.04%	0.04%
	IVZ	B	0.03%	0.0%	0.0%
	JBHT	C	0.06%	0.04%	0.04%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.17%	0.03%	0.03%
	JEF	A	0.03%	0.04%	0.03%
	JHG	A	0.02%	0.03%	0.02%
	JNJ	D	1.54%	0.02%	0.02%
	JNPR	F	0.05%	0.02%	0.02%
	JPM	A	2.55%	0.02%	0.02%
	K	A	0.08%	0.02%	0.02%
	KDP	D	0.15%	0.02%	0.02%
	KEY	B	0.06%	0.03%	0.03%
	KEYS	A	0.1%	0.03%	0.03%
	KIM	A	0.06%	0.0%	0.0%
	KMB	D	0.11%	0.02%	0.02%
	KMI	A	0.19%	0.01%	0.01%
	KMPR	B	0.02%	0.03%	0.02%
	KO	D	0.43%	0.05%	0.05%
	KR	B	0.15%	0.02%	0.02%
	KRC	C	0.02%	0.02%	0.02%
	KSS	F	0.01%	0.02%	0.01%
	L	A	0.06%	0.02%	0.02%
	LDOS	C	0.1%	0.03%	0.03%
	LEG	F	0.01%	0.02%	0.01%
	LEN	D	0.16%	0.02%	0.02%
	LEN	D	0.01%	0.02%	0.01%
	LH	C	0.08%	0.02%	0.02%
	LHX	C	0.19%	0.03%	0.03%
	LIN	D	0.88%	0.0%	0.0%
	LMT	D	0.32%	0.02%	0.02%
	LNC	B	0.02%	0.02%	0.02%
	LNT	A	0.06%	0.02%	0.02%
	LOW	D	0.6%	0.01%	0.01%
	LUV	C	0.07%	0.04%	0.04%
	LYB	F	0.09%	0.02%	0.02%
	MAA	B	0.07%	0.01%	0.01%
	MAR	B	0.24%	0.02%	0.02%
	MCD	D	0.79%	0.01%	0.01%
	MCHP	D	0.16%	0.05%	0.05%
	MCK	B	0.15%	0.01%	0.01%
	MDLZ	F	0.37%	0.03%	0.03%
	MDT	D	0.46%	0.1%	0.1%
	MET	A	0.18%	0.02%	0.02%
	MHK	D	0.03%	0.03%	0.03%
	MKC	D	0.08%	0.03%	0.03%
	MLM	B	0.14%	0.04%	0.04%
	MMC	B	0.37%	0.02%	0.02%
	MMM	D	0.23%	0.02%	0.02%
	MO	A	0.37%	0.02%	0.02%
	MOS	F	0.03%	0.04%	0.03%
	MPC	D	0.21%	0.03%	0.03%
	MRVL	B	0.25%	0.02%	0.02%
	MS	A	0.51%	0.03%	0.03%
	MSI	B	0.16%	0.03%	0.03%
	MTB	A	0.13%	0.01%	0.01%
	MU	D	0.44%	0.03%	0.03%
	NDAQ	A	0.12%	0.02%	0.02%
	NEE	D	0.65%	0.0%	0.0%
	NEM	D	0.21%	0.01%	0.01%
	NEU	C	0.01%	0.02%	0.01%
	NFG	A	0.02%	0.01%	0.01%
	NI	A	0.06%	0.06%	0.06%
	NKE	D	0.14%	0.01%	0.01%
	NNN	D	0.03%	0.02%	0.02%
	NOC	D	0.28%	0.04%	0.04%
	NSC	B	0.23%	0.0%	0.0%
	NTAP	C	0.05%	0.02%	0.02%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.14%	0.02%	0.02%
	O	D	0.21%	0.01%	0.01%
	OC	A	0.06%	0.02%	0.02%
	OGE	B	0.03%	0.01%	0.01%
	OHI	C	0.04%	0.01%	0.01%
	OKE	A	0.23%	0.0%	0.0%
	OMC	C	0.08%	0.02%	0.02%
	ORI	A	0.03%	0.03%	0.03%
	ORLY	B	0.02%	0.02%	0.02%
	OTIS	C	0.16%	0.07%	0.07%
	PCAR	B	0.21%	0.0%	0.0%
	PCG	A	0.17%	0.02%	0.02%
	PEG	A	0.18%	0.02%	0.02%
	PEP	F	0.19%	0.02%	0.02%
	PFE	D	0.64%	0.03%	0.03%
	PFG	D	0.08%	0.02%	0.02%
	PG	A	1.21%	0.02%	0.02%
	PH	A	0.32%	0.04%	0.04%
	PHM	D	0.11%	0.03%	0.03%
	PKG	A	0.08%	0.02%	0.02%
	PM	B	0.83%	0.02%	0.02%
	PNC	B	0.3%	0.02%	0.02%
	PNW	B	0.04%	0.02%	0.02%
	PPG	F	0.12%	0.01%	0.01%
	PPL	B	0.1%	0.04%	0.04%
	PRU	A	0.18%	0.01%	0.01%
	PSA	D	0.18%	0.01%	0.01%
	PSX	C	0.2%	0.01%	0.01%
	PVH	C	0.02%	0.03%	0.02%
	PYPL	B	0.32%	0.03%	0.03%
	QCOM	F	0.05%	0.02%	0.02%
	R	B	0.02%	0.02%	0.02%
	RF	A	0.09%	0.05%	0.05%
	RGA	A	0.06%	0.02%	0.02%
	RL	B	0.03%	0.03%	0.03%
	RNR	C	0.05%	0.02%	0.02%
	ROK	B	0.11%	0.02%	0.02%
	ROP	B	0.23%	0.01%	0.01%
	ROST	C	0.14%	0.02%	0.02%
	RPM	A	0.05%	0.02%	0.02%
	RPRX	D	0.04%	0.04%	0.04%
	RS	B	0.07%	0.02%	0.02%
	RSG	A	0.16%	0.01%	0.01%
	RTX	C	0.64%	0.02%	0.02%
	SBUX	A	0.1%	0.04%	0.04%
	SCHW	B	0.38%	0.01%	0.01%
	SF	B	0.04%	0.05%	0.04%
	SHW	A	0.03%	0.02%	0.02%
	SJM	D	0.05%	0.05%	0.05%
	SLB	C	0.23%	0.02%	0.02%
	SNV	B	0.03%	0.02%	0.02%
	SNX	C	0.03%	0.03%	0.03%
	SO	D	0.4%	0.0%	0.0%
	SPG	B	0.16%	0.02%	0.02%
	SPGI	C	0.6%	0.04%	0.04%
	SRE	A	0.21%	0.02%	0.02%
	STLD	B	0.08%	0.02%	0.02%
	STT	A	0.11%	0.01%	0.01%
	STZ	D	0.15%	0.02%	0.02%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.09%	0.05%	0.05%
	SYK	C	0.36%	0.02%	0.02%
	SYY	B	0.06%	0.02%	0.02%
	T	A	0.65%	0.01%	0.01%
	TAP	C	0.04%	0.08%	0.04%
	TDY	B	0.08%	0.02%	0.02%
	TFC	A	0.23%	0.02%	0.02%
	TGT	F	0.28%	0.05%	0.05%
	THG	A	0.02%	0.03%	0.02%
	TJX	A	0.21%	0.02%	0.02%
	TKR	D	0.02%	0.02%	0.02%
	TMO	F	0.84%	0.03%	0.03%
	TMUS	B	0.43%	0.06%	0.06%
	TPR	B	0.04%	0.03%	0.03%
	TRMB	B	0.06%	0.02%	0.02%
	TSN	B	0.07%	0.02%	0.02%
	TT	A	0.22%	0.03%	0.03%
	TXN	C	0.65%	0.0%	0.0%
	TXT	D	0.06%	0.0%	0.0%
	UAL	A	0.1%	0.02%	0.02%
	UHS	D	0.05%	0.04%	0.04%
	UNH	C	1.94%	0.01%	0.01%
	UNM	A	0.05%	0.02%	0.02%
	UNP	C	0.3%	0.0%	0.0%
	UPS	C	0.39%	0.02%	0.02%
	USB	A	0.3%	0.03%	0.03%
	VFC	C	0.03%	0.04%	0.03%
	VLO	C	0.17%	0.03%	0.03%
	VMC	B	0.11%	0.03%	0.03%
	VNO	B	0.03%	0.01%	0.01%
	VNT	B	0.02%	0.03%	0.02%
	VOYA	B	0.03%	0.02%	0.02%
	VRSN	F	0.06%	0.03%	0.03%
	VTR	C	0.11%	0.01%	0.01%
	VZ	C	0.71%	0.02%	0.02%
	WAB	B	0.13%	0.02%	0.02%
	WAL	B	0.04%	0.02%	0.02%
	WBA	F	0.03%	0.06%	0.03%
	WEC	A	0.12%	0.02%	0.02%
	WELL	A	0.33%	0.0%	0.0%
	WFC	A	0.91%	0.02%	0.02%
	WHR	B	0.02%	0.0%	0.0%
	WLK	D	0.02%	0.04%	0.02%
	WMB	A	0.25%	0.03%	0.03%
	WMT	A	1.42%	0.03%	0.03%
	WPC	D	0.05%	0.02%	0.02%
	WU	D	0.01%	0.0%	0.0%
	XEL	A	0.15%	0.02%	0.02%
	XOM	B	2.1%	0.03%	0.03%
	ZBH	C	0.09%	0.01%	0.01%
	ZTS	D	0.06%	0.02%	0.02%

VONV Overweight 486 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	ACN	C	0.87%
	PLD	D	0.42%
	GEV	B	0.33%
	AMD	F	0.32%
	ELV	F	0.32%
	REGN	F	0.32%
	FI	A	0.31%
	CEG	D	0.28%
	KKR	A	0.27%
	FCX	D	0.26%
	VRTX	F	0.25%
	AJG	B	0.23%
	TDG	D	0.23%
	TRV	B	0.22%
	KVUE	A	0.18%
	AME	A	0.17%
	CBRE	B	0.16%
	F	C	0.16%
	URI	B	0.16%
	GLW	B	0.15%
	CTSH	B	0.15%
	HWM	A	0.15%
	BKR	B	0.15%
	IR	B	0.15%
	EXR	D	0.14%
	GEHC	F	0.14%
	ACGL	D	0.14%
	MSTR	C	0.14%
	RCL	A	0.13%
	HIG	B	0.13%
	EW	C	0.13%
	CNC	D	0.13%
	IQV	D	0.13%
	VICI	C	0.13%
	OXY	D	0.13%
	XYL	D	0.12%
	CSGP	D	0.12%
	KHC	F	0.12%
	ON	D	0.12%
	PWR	A	0.12%
	GRMN	B	0.12%
	WTW	B	0.12%
	SW	A	0.11%
	MTD	D	0.11%
	TTWO	A	0.11%
	ANSS	B	0.11%
	RJF	A	0.11%
	HLT	A	0.11%
	PAYX	C	0.11%
	TROW	B	0.1%
	SBAC	D	0.1%
	RMD	C	0.1%
	NVR	D	0.1%
	WDC	D	0.09%
	LNG	B	0.09%
	CINF	A	0.09%
	STE	F	0.09%
	CCL	B	0.09%
	PGR	A	0.09%
	CBOE	B	0.09%
	WY	D	0.09%
	YUM	B	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	INVH	D	0.08%
	BBY	D	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	EQT	B	0.08%
	FSLR	F	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	SUI	D	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	MRNA	F	0.07%
	MAS	D	0.07%
	BALL	D	0.07%
	HOLX	D	0.07%
	MSCI	C	0.07%
	TRU	D	0.07%
	BLDR	D	0.07%
	VTRS	A	0.06%
	UDR	B	0.06%
	VLTO	D	0.06%
	EXPD	D	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	ACM	A	0.06%
	RVTY	F	0.06%
	THC	D	0.06%
	TOL	B	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	AKAM	D	0.06%
	ZBRA	B	0.06%
	IRM	D	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	GEN	B	0.06%
	GPC	D	0.06%
	IBKR	A	0.06%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	CLH	B	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CPT	B	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	NVT	B	0.05%
	BMRN	D	0.05%
	EME	C	0.05%
	CDW	F	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	EWBC	A	0.05%
	GGG	B	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%
	JLL	D	0.04%
	TW	A	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%
	CRL	C	0.04%
	CIEN	B	0.04%
	MTCH	D	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	GL	B	0.04%
	DPZ	C	0.04%
	QGEN	D	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	DAY	B	0.04%
	PRI	A	0.04%
	LKQ	D	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	OVV	B	0.04%
	NWSA	B	0.04%
	AVY	D	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	NTNX	A	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%
	NRG	B	0.04%
	ATR	B	0.04%
	FDS	B	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	MTSI	B	0.03%
	OKTA	C	0.03%
	ALGN	D	0.03%
	WEX	D	0.03%
	XP	F	0.03%
	BBWI	D	0.03%
	RGEN	D	0.03%
	MTG	C	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%
	QRVO	F	0.03%
	STAG	F	0.03%
	JAZZ	B	0.03%
	COKE	C	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%
	MOH	F	0.03%
	DASH	A	0.03%
	FR	C	0.03%
	FLS	B	0.03%
	BIO	D	0.03%
	ESAB	B	0.03%
	WSM	B	0.03%
	GNTX	C	0.03%
	PR	B	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	FICO	B	0.03%
	RRC	B	0.03%
	CHE	D	0.03%
	ONTO	D	0.03%
	Z	A	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	SEIC	B	0.03%
	WAT	B	0.03%
	CBSH	A	0.03%
	CFR	B	0.03%
	ZION	B	0.03%
	AR	B	0.03%
	WTFC	A	0.03%
	MNST	C	0.03%
	ACI	C	0.03%
	LW	C	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%
	RBC	A	0.03%
	TKO	B	0.03%
	PNFP	B	0.03%
	FMC	D	0.03%
	ECL	D	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%
	GWRE	A	0.03%
	GME	C	0.03%
	AXTA	A	0.03%
	WCC	B	0.03%
	GPK	C	0.03%
	TTC	D	0.03%
	APA	D	0.03%
	MGM	D	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	X	C	0.03%
	INGR	B	0.03%
	ALNY	D	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	ACHC	F	0.02%
	TYL	B	0.02%
	SITE	D	0.02%
	PAYC	B	0.02%
	GTES	A	0.02%
	W	F	0.02%
	AWI	A	0.02%
	CLF	F	0.02%
	FLO	D	0.02%
	UHAL	D	0.02%
	OLED	D	0.02%
	GAP	C	0.02%
	M	D	0.02%
	FRPT	B	0.02%
	ASH	D	0.02%
	EEFT	B	0.02%
	SLGN	A	0.02%
	LITE	B	0.02%
	DLB	B	0.02%
	TPG	A	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%
	CUZ	B	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	BYD	C	0.02%
	HXL	D	0.02%
	OLN	D	0.02%
	OGN	D	0.02%
	SN	D	0.02%
	ROIV	C	0.02%
	PSN	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%
	FOX	A	0.02%
	KD	B	0.02%
	IDA	A	0.02%
	CROX	D	0.02%
	THO	B	0.02%
	POST	C	0.02%
	SAIA	B	0.02%
	LEA	D	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%
	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%
	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%
	TER	D	0.01%
	REYN	D	0.01%
	EXEL	B	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	WEN	D	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%
	PSTG	D	0.01%
	PINC	B	0.01%
	CNXC	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%
	EXP	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%
	SPB	C	0.01%
	CWEN	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%
	COLM	B	0.01%
	LOPE	B	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	PK	B	0.01%
	NSA	D	0.01%
	CNM	D	0.01%
	BHF	B	0.01%
	MAN	D	0.01%
	MASI	A	0.01%
	PENN	C	0.01%
	AM	A	0.01%
	AMED	F	0.01%
	CPRT	A	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%
	IAC	D	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%
	CTAS	B	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%
	DV	C	0.0%
	DDS	B	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 81 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BABA	D	-0.09%
	V	A	-0.09%
	KLAC	D	-0.07%
	STLA	F	-0.07%
	ORCL	B	-0.06%
	VRSK	A	-0.05%
	MRK	F	-0.05%
	MSFT	F	-0.05%
	BHP	F	-0.04%
	MA	C	-0.04%
	GSK	F	-0.04%
	AMZN	C	-0.04%
	AAPL	C	-0.04%
	HP	B	-0.03%
	CLX	B	-0.03%
	MAIN	A	-0.03%
	TEL	B	-0.03%
	GP	F	-0.03%
	TME	D	-0.03%
	LII	A	-0.03%
	WB	D	-0.03%
	OPI	F	-0.03%
	JD	D	-0.03%
	AWH	F	-0.03%
	BKU	A	-0.03%
	CNO	A	-0.03%
	LVS	C	-0.03%
	EPD	A	-0.03%
	NVDA	C	-0.03%
	GOOGL	C	-0.03%
	ARCC	A	-0.03%
	BIDU	F	-0.03%
	HSBC	B	-0.03%
	TSLX	C	-0.02%
	TCPC	C	-0.02%
	VLY	B	-0.02%
	SBRA	C	-0.02%
	OCSL	F	-0.02%
	EQH	B	-0.02%
	HTGC	D	-0.02%
	BCSF	C	-0.02%
	PSEC	D	-0.02%
	ADSK	A	-0.02%
	GBDC	C	-0.02%
	LLY	F	-0.02%
	LAZ	B	-0.02%
	GSBD	F	-0.02%
	BKH	A	-0.02%
	SLG	B	-0.02%
	WM	A	-0.02%
	INTU	C	-0.02%
	MCO	B	-0.02%
	SITC	D	-0.02%
	EXPE	B	-0.02%
	NXPI	D	-0.02%
	CM	A	-0.02%
	VOD	F	-0.02%
	AVGO	D	-0.02%
	AER	B	-0.02%
	BNS	A	-0.02%
	DB	D	-0.02%
	RY	A	-0.02%
	MUFG	B	-0.02%
	NWG	C	-0.02%
	PDM	D	-0.01%
	CP	D	-0.01%
	WEST	C	-0.01%
	OGS	A	-0.01%
	LRCX	F	-0.01%
	PAA	B	-0.01%
	ADBE	C	-0.01%
	BMO	A	-0.01%
	TD	F	-0.01%
	AMT	D	-0.01%
	AZN	D	-0.01%
	COST	B	-0.0%
	SCCO	F	-0.0%
	FLEX	A	-0.0%
	BDN	C	-0.0%
	FSK	A	-0.0%
	MPLX	A	-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

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Computing Electronics Financial Products Insurance Products Cash Management Aerospace Chemical Commercial Banking Semiconductor Disability