VONV vs. SNPV ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Xtrackers S&P ESG Value ETF (SNPV)

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

SNPV

Xtrackers S&P ESG Value ETF

SNPV Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index. The underlying index is a broad-based, market capitalization weighted index that provides exposure to companies with high environmental, social and governance ("ESG") performance relative to their sector peers, while maintaining similar overall industry group weights as the S&P 500 Value Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.46

Average Daily Volume

1,017

Number of Holdings ^*

273

* may have additional holdings in another (foreign) market

Performance

Period	VONV	SNPV
30 Days	3.51%	3.24%
60 Days	4.96%	4.42%
90 Days	7.00%	6.52%
12 Months	29.73%	26.54%

256 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in SNPV	Overlap
	A	D	0.15%	0.27%	0.15%
	ABBV	D	0.82%	1.31%	0.82%
	ABT	B	0.78%	1.39%	0.78%
	ACN	C	0.87%	0.72%	0.72%
	ADI	D	0.44%	0.31%	0.31%
	ADM	D	0.11%	0.17%	0.11%
	ADP	B	0.03%	0.52%	0.03%
	AFL	B	0.23%	0.39%	0.23%
	AIG	B	0.2%	0.34%	0.2%
	AIZ	A	0.04%	0.08%	0.04%
	AJG	B	0.23%	0.22%	0.22%
	AKAM	D	0.06%	0.05%	0.05%
	ALB	C	0.04%	0.08%	0.04%
	ALL	A	0.17%	0.36%	0.17%
	ALLE	D	0.05%	0.05%	0.05%
	AMCR	D	0.06%	0.1%	0.06%
	AME	A	0.17%	0.17%	0.17%
	AMGN	D	0.15%	1.11%	0.15%
	AMP	A	0.02%	0.18%	0.02%
	AON	A	0.29%	0.27%	0.27%
	APD	A	0.28%	0.48%	0.28%
	APTV	D	0.06%	0.1%	0.06%
	ARE	D	0.08%	0.11%	0.08%
	AVB	B	0.13%	0.23%	0.13%
	AWK	D	0.11%	0.17%	0.11%
	AXP	A	0.38%	0.34%	0.34%
	BAC	A	1.14%	2.16%	1.14%
	BALL	D	0.07%	0.13%	0.07%
	BAX	D	0.07%	0.12%	0.07%
	BBY	D	0.08%	0.13%	0.08%
	BDX	F	0.27%	0.45%	0.27%
	BEN	C	0.02%	0.04%	0.02%
	BIIB	F	0.1%	0.17%	0.1%
	BK	A	0.22%	0.4%	0.22%
	BKR	B	0.15%	0.3%	0.15%
	BLK	C	0.58%	1.02%	0.58%
	BMY	B	0.45%	0.83%	0.45%
	BR	A	0.01%	0.08%	0.01%
	BSX	B	0.49%	0.4%	0.4%
	BWA	D	0.03%	0.05%	0.03%
	BXP	D	0.05%	0.08%	0.05%
	C	A	0.49%	0.91%	0.49%
	CAG	D	0.06%	0.09%	0.06%
	CAH	B	0.04%	0.21%	0.04%
	CARR	D	0.2%	0.23%	0.2%
	CAT	B	0.63%	0.56%	0.56%
	CB	C	0.46%	0.75%	0.46%
	CBOE	B	0.09%	0.05%	0.05%
	CBRE	B	0.16%	0.28%	0.16%
	CCL	B	0.09%	0.05%	0.05%
	CFG	B	0.08%	0.15%	0.08%
	CHRW	C	0.05%	0.09%	0.05%
	CI	F	0.32%	0.64%	0.32%
	CL	D	0.14%	0.32%	0.14%
	CMCSA	B	0.67%	1.17%	0.67%
	CME	A	0.32%	0.36%	0.32%
	CMI	A	0.18%	0.35%	0.18%
	CNC	D	0.13%	0.22%	0.13%
	COF	B	0.25%	0.49%	0.25%
	CPB	D	0.04%	0.06%	0.04%
	CRL	C	0.04%	0.07%	0.04%
	CSCO	B	0.89%	1.63%	0.89%
	CSX	B	0.26%	0.24%	0.24%
	CTAS	B	0.01%	0.24%	0.01%
	CTLT	B	0.04%	0.07%	0.04%
	CTVA	C	0.17%	0.28%	0.17%
	CVS	D	0.29%	0.49%	0.29%
	CVX	A	1.03%	1.91%	1.03%
	CZR	F	0.03%	0.03%	0.03%
	DAL	C	0.15%	0.12%	0.12%
	DAY	B	0.04%	0.04%	0.04%
	DE	A	0.41%	0.31%	0.31%
	DFS	B	0.15%	0.14%	0.14%
	DGX	A	0.07%	0.13%	0.07%
	DHR	F	0.63%	1.06%	0.63%
	DIS	B	0.71%	1.38%	0.71%
	DLR	B	0.23%	0.23%	0.23%
	DOC	D	0.06%	0.1%	0.06%
	DOV	A	0.1%	0.19%	0.1%
	DOW	F	0.14%	0.22%	0.14%
	DVN	F	0.1%	0.17%	0.1%
	EBAY	D	0.12%	0.22%	0.12%
	ECL	D	0.03%	0.22%	0.03%
	ED	D	0.14%	0.23%	0.14%
	EIX	B	0.13%	0.22%	0.13%
	EL	F	0.04%	0.11%	0.04%
	ELV	F	0.32%	0.65%	0.32%
	EMR	A	0.25%	0.51%	0.25%
	EQIX	A	0.33%	0.32%	0.32%
	EQR	B	0.11%	0.17%	0.11%
	EQT	B	0.08%	0.17%	0.08%
	ES	D	0.09%	0.15%	0.09%
	ETN	A	0.53%	0.39%	0.39%
	ETR	B	0.13%	0.22%	0.13%
	EW	C	0.13%	0.18%	0.13%
	EXC	C	0.16%	0.27%	0.16%
	EXR	D	0.14%	0.24%	0.14%
	FCX	D	0.26%	0.22%	0.22%
	FDS	B	0.04%	0.07%	0.04%
	FI	A	0.31%	0.41%	0.31%
	FIS	C	0.2%	0.33%	0.2%
	FITB	A	0.12%	0.23%	0.12%
	FMC	D	0.03%	0.05%	0.03%
	FRT	B	0.04%	0.06%	0.04%
	FSLR	F	0.08%	0.15%	0.08%
	GE	D	0.59%	0.77%	0.59%
	GILD	C	0.44%	0.8%	0.44%
	GIS	D	0.15%	0.25%	0.15%
	GL	B	0.04%	0.07%	0.04%
	GM	B	0.23%	0.45%	0.23%
	GPN	B	0.11%	0.2%	0.11%
	GS	A	0.48%	1.3%	0.48%
	GWW	B	0.02%	0.09%	0.02%
	HAL	C	0.1%	0.19%	0.1%
	HAS	D	0.0%	0.06%	0.0%
	HBAN	A	0.09%	0.18%	0.09%
	HD	A	0.32%	1.76%	0.32%
	HIG	B	0.13%	0.24%	0.13%
	HPE	B	0.1%	0.2%	0.1%
	HPQ	B	0.11%	0.25%	0.11%
	HRL	D	0.04%	0.06%	0.04%
	HST	C	0.05%	0.03%	0.03%
	HSY	F	0.09%	0.11%	0.09%
	HUBB	B	0.09%	0.09%	0.09%
	HUM	C	0.12%	0.23%	0.12%
	ICE	C	0.35%	0.62%	0.35%
	IEX	B	0.07%	0.13%	0.07%
	IFF	D	0.1%	0.16%	0.1%
	INCY	C	0.04%	0.1%	0.04%
	INTC	D	0.37%	0.74%	0.37%
	IPG	D	0.04%	0.08%	0.04%
	IQV	D	0.13%	0.16%	0.13%
	IR	B	0.15%	0.06%	0.06%
	IRM	D	0.06%	0.12%	0.06%
	ITW	B	0.19%	0.28%	0.19%
	IVZ	B	0.03%	0.06%	0.03%
	JBHT	C	0.06%	0.1%	0.06%
	JCI	C	0.17%	0.41%	0.17%
	JKHY	D	0.05%	0.08%	0.05%
	JPM	A	2.55%	4.8%	2.55%
	K	A	0.08%	0.16%	0.08%
	KDP	D	0.15%	0.26%	0.15%
	KEY	B	0.06%	0.12%	0.06%
	KEYS	A	0.1%	0.19%	0.1%
	KHC	F	0.12%	0.19%	0.12%
	KIM	A	0.06%	0.12%	0.06%
	KMI	A	0.19%	0.36%	0.19%
	KO	D	0.43%	1.03%	0.43%
	KR	B	0.15%	0.27%	0.15%
	LIN	D	0.88%	0.72%	0.72%
	LOW	D	0.6%	1.08%	0.6%
	LW	C	0.03%	0.03%	0.03%
	LYB	F	0.09%	0.15%	0.09%
	MAS	D	0.07%	0.05%	0.05%
	MCD	D	0.79%	0.84%	0.79%
	MDLZ	F	0.37%	0.36%	0.36%
	MDT	D	0.46%	0.77%	0.46%
	MET	A	0.18%	0.34%	0.18%
	MGM	D	0.03%	0.02%	0.02%
	MHK	D	0.03%	0.05%	0.03%
	MKC	D	0.08%	0.14%	0.08%
	MKTX	D	0.04%	0.07%	0.04%
	MPC	D	0.21%	0.16%	0.16%
	MRNA	F	0.07%	0.1%	0.07%
	MS	A	0.51%	1.15%	0.51%
	MSCI	C	0.07%	0.14%	0.07%
	MSI	B	0.16%	0.25%	0.16%
	MTB	A	0.13%	0.25%	0.13%
	MTD	D	0.11%	0.12%	0.11%
	MU	D	0.44%	0.77%	0.44%
	NDAQ	A	0.12%	0.23%	0.12%
	NEE	D	0.65%	1.08%	0.65%
	NEM	D	0.21%	0.33%	0.21%
	NKE	D	0.14%	0.36%	0.14%
	NSC	B	0.23%	0.42%	0.23%
	NTAP	C	0.05%	0.1%	0.05%
	NTRS	A	0.08%	0.15%	0.08%
	NWS	B	0.01%	0.03%	0.01%
	NWSA	B	0.04%	0.07%	0.04%
	OKE	A	0.23%	0.17%	0.17%
	OMC	C	0.08%	0.14%	0.08%
	ON	D	0.12%	0.11%	0.11%
	OTIS	C	0.16%	0.17%	0.16%
	OXY	D	0.13%	0.24%	0.13%
	PARA	C	0.03%	0.05%	0.03%
	PAYX	C	0.11%	0.2%	0.11%
	PCAR	B	0.21%	0.11%	0.11%
	PEG	A	0.18%	0.3%	0.18%
	PEP	F	0.19%	1.01%	0.19%
	PFG	D	0.08%	0.13%	0.08%
	PG	A	1.21%	1.67%	1.21%
	PH	A	0.32%	0.13%	0.13%
	PLD	D	0.42%	0.74%	0.42%
	PNC	B	0.3%	0.57%	0.3%
	PNR	A	0.07%	0.04%	0.04%
	PPG	F	0.12%	0.2%	0.12%
	PRU	A	0.18%	0.32%	0.18%
	PSA	D	0.18%	0.2%	0.18%
	PSX	C	0.2%	0.38%	0.2%
	PWR	A	0.12%	0.1%	0.1%
	PYPL	B	0.32%	0.61%	0.32%
	QCOM	F	0.05%	0.61%	0.05%
	REG	B	0.05%	0.08%	0.05%
	REGN	F	0.32%	0.23%	0.23%
	RF	A	0.09%	0.16%	0.09%
	RJF	A	0.11%	0.2%	0.11%
	RL	B	0.03%	0.03%	0.03%
	ROK	B	0.11%	0.12%	0.11%
	RSG	A	0.16%	0.13%	0.13%
	RVTY	F	0.06%	0.1%	0.06%
	SBAC	D	0.1%	0.09%	0.09%
	SBUX	A	0.1%	0.32%	0.1%
	SCHW	B	0.38%	0.84%	0.38%
	SHW	A	0.03%	0.31%	0.03%
	SJM	D	0.05%	0.08%	0.05%
	SLB	C	0.23%	0.43%	0.23%
	SPGI	C	0.6%	0.64%	0.6%
	SRE	A	0.21%	0.4%	0.21%
	STT	A	0.11%	0.2%	0.11%
	SW	A	0.11%	0.18%	0.11%
	SWK	D	0.06%	0.1%	0.06%
	SYF	B	0.09%	0.18%	0.09%
	SYK	C	0.36%	0.32%	0.32%
	SYY	B	0.06%	0.26%	0.06%
	T	A	0.65%	1.11%	0.65%
	TAP	C	0.04%	0.08%	0.04%
	TFC	A	0.23%	0.43%	0.23%
	TGT	F	0.28%	0.49%	0.28%
	TMO	F	0.84%	0.87%	0.84%
	TMUS	B	0.43%	0.81%	0.43%
	TPR	B	0.04%	0.09%	0.04%
	TROW	B	0.1%	0.18%	0.1%
	TRV	B	0.22%	0.4%	0.22%
	TSN	B	0.07%	0.12%	0.07%
	TT	A	0.22%	0.19%	0.19%
	TTWO	A	0.11%	0.11%	0.11%
	UDR	B	0.06%	0.09%	0.06%
	ULTA	F	0.01%	0.04%	0.01%
	UNH	C	1.94%	2.36%	1.94%
	UNP	C	0.3%	0.55%	0.3%
	UPS	C	0.39%	0.68%	0.39%
	USB	A	0.3%	0.54%	0.3%
	VLO	C	0.17%	0.32%	0.17%
	VTR	C	0.11%	0.19%	0.11%
	WAB	B	0.13%	0.24%	0.13%
	WAT	B	0.03%	0.09%	0.03%
	WBA	F	0.03%	0.04%	0.03%
	WDC	D	0.09%	0.15%	0.09%
	WELL	A	0.33%	0.54%	0.33%
	WMB	A	0.25%	0.29%	0.25%
	WMT	A	1.42%	2.56%	1.42%
	WTW	B	0.12%	0.23%	0.12%
	WY	D	0.09%	0.16%	0.09%
	XYL	D	0.12%	0.21%	0.12%
	YUM	B	0.09%	0.14%	0.09%
	ZTS	D	0.06%	0.24%	0.06%

VONV Overweight 586 Positions Relative to SNPV

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	XOM	B	2.1%
	JNJ	D	1.54%
	WFC	A	0.91%
	PM	B	0.83%
	IBM	C	0.76%
	VZ	C	0.71%
	TXN	C	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	COP	C	0.51%
	HON	B	0.45%
	SO	D	0.4%
	MMC	B	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	BA	F	0.34%
	GEV	B	0.33%
	AMD	F	0.32%
	LMT	D	0.32%
	GD	F	0.32%
	CEG	D	0.28%
	EOG	A	0.28%
	NOC	D	0.28%
	KKR	A	0.27%
	VRTX	F	0.25%
	FDX	B	0.25%
	MRVL	B	0.25%
	MAR	B	0.24%
	TDG	D	0.23%
	ROP	B	0.23%
	MMM	D	0.23%
	O	D	0.21%
	AEP	D	0.21%
	TJX	A	0.21%
	D	C	0.2%
	DHI	D	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	LHX	C	0.19%
	KVUE	A	0.18%
	CRM	B	0.17%
	PCG	A	0.17%
	MCHP	D	0.16%
	EA	A	0.16%
	F	C	0.16%
	LEN	D	0.16%
	SPG	B	0.16%
	URI	B	0.16%
	GLW	B	0.15%
	MCK	B	0.15%
	STZ	D	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	HWM	A	0.15%
	NUE	C	0.14%
	MLM	B	0.14%
	DD	D	0.14%
	GEHC	F	0.14%
	ROST	C	0.14%
	ACGL	D	0.14%
	MSTR	C	0.14%
	RCL	A	0.13%
	APH	A	0.13%
	VICI	C	0.13%
	FANG	D	0.13%
	CSGP	D	0.12%
	WEC	A	0.12%
	CHTR	C	0.12%
	GRMN	B	0.12%
	KMB	D	0.11%
	PHM	D	0.11%
	VMC	B	0.11%
	ANSS	B	0.11%
	HLT	A	0.11%
	DELL	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	CHD	B	0.1%
	LDOS	C	0.1%
	FTV	C	0.1%
	UAL	A	0.1%
	RMD	C	0.1%
	NVR	D	0.1%
	DTE	C	0.1%
	EFX	F	0.1%
	LNG	B	0.09%
	CINF	A	0.09%
	STE	F	0.09%
	ZBH	C	0.09%
	PGR	A	0.09%
	ILMN	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	LH	C	0.08%
	INVH	D	0.08%
	IP	B	0.08%
	STLD	B	0.08%
	ZM	B	0.08%
	WBD	C	0.08%
	PKG	A	0.08%
	CMS	C	0.08%
	ATO	A	0.08%
	TDY	B	0.08%
	UTHR	C	0.07%
	RS	B	0.07%
	SUI	D	0.07%
	WSO	A	0.07%
	CSL	C	0.07%
	WRB	A	0.07%
	SNA	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	DG	F	0.07%
	MAA	B	0.07%
	CTRA	B	0.07%
	ESS	B	0.07%
	LUV	C	0.07%
	HOLX	D	0.07%
	TRU	D	0.07%
	BLDR	D	0.07%
	CNP	B	0.07%
	VTRS	A	0.06%
	RGA	A	0.06%
	VLTO	D	0.06%
	BRO	B	0.06%
	VRSN	F	0.06%
	SWKS	F	0.06%
	EXPD	D	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	L	A	0.06%
	ACM	A	0.06%
	TRMB	B	0.06%
	THC	D	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%
	OC	A	0.06%
	ZBRA	B	0.06%
	LNT	A	0.06%
	MRO	B	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	FNF	B	0.06%
	NI	A	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%
	AES	F	0.05%
	CLH	B	0.05%
	UHS	D	0.05%
	BG	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CPT	B	0.05%
	WPC	D	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	EMN	D	0.05%
	NVT	B	0.05%
	JBL	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	CDW	F	0.05%
	JNPR	F	0.05%
	EG	C	0.05%
	ELS	C	0.05%
	DLTR	F	0.05%
	GLPI	C	0.05%
	CW	B	0.05%
	HES	B	0.05%
	RNR	C	0.05%
	EVRG	A	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%
	WAL	B	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%
	FTNT	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%
	DPZ	C	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	PRI	A	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%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	PNW	B	0.04%
	AA	B	0.04%
	SOLV	C	0.04%
	DOX	D	0.04%
	AFRM	B	0.04%
	TTEK	F	0.04%
	CE	F	0.04%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	AVY	D	0.04%
	OHI	C	0.04%
	RPRX	D	0.04%
	KMX	B	0.04%
	PFGC	B	0.04%
	CUBE	D	0.04%
	NTNX	A	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	NRG	B	0.04%
	ATR	B	0.04%
	BJ	A	0.04%
	LSTR	D	0.03%
	MKSI	C	0.03%
	ARW	D	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%
	FAF	A	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%
	OSK	B	0.03%
	KEX	C	0.03%
	HRB	D	0.03%
	G	B	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%
	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%
	ONTO	D	0.03%
	VFC	C	0.03%
	Z	A	0.03%
	VNO	B	0.03%
	HII	D	0.03%
	COLD	D	0.03%
	ADC	B	0.03%
	SKX	D	0.03%
	SAIC	F	0.03%
	SEIC	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%
	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%
	RBC	A	0.03%
	TKO	B	0.03%
	OGE	B	0.03%
	PNFP	B	0.03%
	JEF	A	0.03%
	BERY	B	0.03%
	BRX	A	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%
	ALLY	C	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%
	CMA	A	0.03%
	APA	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	PTC	A	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	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%
	TYL	B	0.02%
	AN	C	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%
	AGO	B	0.02%
	WSC	D	0.02%
	AZO	C	0.02%
	WTM	A	0.02%
	WLK	D	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%
	SLM	A	0.02%
	BYD	C	0.02%
	HXL	D	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%
	GNRC	B	0.02%
	SEE	C	0.02%
	UGI	A	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%
	CROX	D	0.02%
	THO	B	0.02%
	THG	A	0.02%
	JHG	A	0.02%
	TKR	D	0.02%
	POST	C	0.02%
	SAIA	B	0.02%
	BC	C	0.02%
	LEA	D	0.02%
	PVH	C	0.02%
	H	B	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%
	COIN	C	0.02%
	SRCL	C	0.02%
	VNT	B	0.02%
	MDU	D	0.02%
	CRUS	D	0.02%
	LNC	B	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%
	R	B	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%
	LEG	F	0.01%
	TRIP	F	0.01%
	WOLF	F	0.01%
	WEN	D	0.01%
	INFA	D	0.01%
	LEN	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%
	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%
	EXP	A	0.01%
	HAYW	B	0.01%
	BOKF	B	0.01%
	MP	B	0.01%
	SHC	F	0.01%
	HHH	B	0.01%
	SPB	C	0.01%
	CWEN	C	0.01%
	CC	C	0.01%
	VIRT	B	0.01%
	AGR	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%
	WU	D	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%
	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%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 17 Positions Relative to SNPV

	Symbol	Grade	Weight
	V	A	-1.22%
	MRK	F	-1.04%
	MA	C	-0.84%
	AMT	D	-0.37%
	WM	A	-0.3%
	COR	B	-0.29%
	MCO	B	-0.28%
	BX	A	-0.26%
	SPYV	A	-0.26%
	ADSK	A	-0.22%
	VRSK	A	-0.13%
	VOOV	A	-0.12%
	TSCO	D	-0.12%
	NXPI	D	-0.1%
	STX	D	-0.09%
	LVS	C	-0.04%
	DVA	B	-0.03%

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

SNPV: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Asset Management Banks - Regional - US Capital Markets Diagnostics & Research Packaged Foods Credit Services Specialty Chemicals Drug Manufacturers - Major Health Care Plans Insurance - Life Medical Devices Semiconductors Financial Data & Stock Exchanges Railroads Specialty Industrial Machinery Specialty Retail Telecom Services Utilities - Diversified

Keywords: S&P 500 Nasdaq 100 Insurance Dow Jones Component Natural Gas Bank Banking Real Estate Investment Trust Chemical Investment Bank Medicine Cash Management Computing Disability Electronics Financial Products Insurance Products Mining Petroleum Industry Biotechnology