VONV vs. VIG ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Div Appreciation ETF - DNQ (VIG)

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

$84.71

Average Daily Volume

369,314

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

VIG

Vanguard Div Appreciation ETF - DNQ

VIG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the NASDAQ US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time. 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

$198.69

Average Daily Volume

694,515

Number of Holdings ^*

336

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VIG
30 Days	-0.21%	-1.19%
60 Days	3.49%	1.38%
90 Days	6.44%	4.48%
12 Months	28.08%	24.96%

215 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in VIG	Overlap
	ABBV	F	0.79%	1.84%	0.79%
	ABT	B	0.78%	1.04%	0.78%
	ACN	C	0.88%	1.17%	0.88%
	ADI	D	0.45%	0.6%	0.45%
	ADM	D	0.11%	0.15%	0.11%
	ADP	B	0.03%	0.59%	0.03%
	AES	F	0.06%	0.07%	0.06%
	AFG	A	0.04%	0.05%	0.04%
	AFL	C	0.25%	0.3%	0.25%
	AGCO	D	0.02%	0.03%	0.02%
	AGO	A	0.02%	0.02%	0.02%
	AIZ	A	0.04%	0.05%	0.04%
	AJG	A	0.22%	0.32%	0.22%
	AL	A	0.02%	0.02%	0.02%
	ALB	C	0.04%	0.06%	0.04%
	ALL	A	0.17%	0.26%	0.17%
	ALLE	D	0.05%	0.07%	0.05%
	AMGN	D	0.15%	0.91%	0.15%
	AMP	A	0.02%	0.25%	0.02%
	AON	A	0.27%	0.4%	0.27%
	AOS	F	0.04%	0.06%	0.04%
	APD	A	0.26%	0.35%	0.26%
	APH	B	0.13%	0.41%	0.13%
	ASH	F	0.02%	0.02%	0.02%
	ATO	A	0.08%	0.11%	0.08%
	ATR	B	0.04%	0.06%	0.04%
	AVT	C	0.02%	0.03%	0.02%
	AVY	D	0.04%	0.09%	0.04%
	AWK	C	0.11%	0.15%	0.11%
	AXS	A	0.02%	0.03%	0.02%
	BAC	A	1.07%	1.41%	1.07%
	BC	D	0.02%	0.03%	0.02%
	BDX	F	0.28%	0.37%	0.28%
	BK	A	0.21%	0.28%	0.21%
	BLK	A	0.55%	0.7%	0.55%
	BOKF	A	0.01%	0.01%	0.01%
	BR	A	0.01%	0.13%	0.01%
	BRO	B	0.05%	0.13%	0.05%
	CAH	B	0.04%	0.14%	0.04%
	CASY	B	0.05%	0.07%	0.05%
	CAT	B	0.65%	1.0%	0.65%
	CB	C	0.46%	0.57%	0.46%
	CBOE	D	0.09%	0.11%	0.09%
	CBSH	A	0.03%	0.04%	0.03%
	CDW	F	0.06%	0.16%	0.06%
	CE	F	0.04%	0.08%	0.04%
	CFR	A	0.03%	0.04%	0.03%
	CHD	A	0.1%	0.13%	0.1%
	CHE	D	0.03%	0.05%	0.03%
	CHRW	A	0.05%	0.07%	0.05%
	CINF	A	0.08%	0.11%	0.08%
	CL	D	0.15%	0.45%	0.15%
	CMCSA	B	0.63%	0.86%	0.63%
	CME	A	0.31%	0.42%	0.31%
	CMI	A	0.17%	0.23%	0.17%
	CMS	C	0.08%	0.11%	0.08%
	CSCO	B	0.85%	1.12%	0.85%
	CSL	B	0.07%	0.11%	0.07%
	CSX	B	0.27%	0.35%	0.27%
	CTAS	B	0.01%	0.37%	0.01%
	DCI	B	0.04%	0.05%	0.04%
	DDS	B	0.0%	0.01%	0.0%
	DFS	A	0.14%	0.19%	0.14%
	DGX	A	0.07%	0.09%	0.07%
	DHI	D	0.22%	0.3%	0.22%
	DHR	D	0.71%	0.94%	0.71%
	DOV	A	0.1%	0.14%	0.1%
	DOX	D	0.04%	0.05%	0.04%
	DPZ	C	0.04%	0.08%	0.04%
	DTE	C	0.11%	0.14%	0.11%
	ECL	D	0.03%	0.34%	0.03%
	ELV	F	0.4%	0.63%	0.4%
	EMN	C	0.05%	0.07%	0.05%
	EMR	A	0.25%	0.33%	0.25%
	ETN	A	0.52%	0.69%	0.52%
	EVR	A	0.04%	0.05%	0.04%
	EXPD	D	0.06%	0.1%	0.06%
	FAF	C	0.03%	0.04%	0.03%
	FAST	B	0.03%	0.21%	0.03%
	FDS	A	0.04%	0.09%	0.04%
	FITB	A	0.12%	0.15%	0.12%
	FLO	D	0.02%	0.02%	0.02%
	FNF	C	0.06%	0.08%	0.06%
	GD	D	0.33%	0.41%	0.33%
	GGG	A	0.06%	0.08%	0.06%
	GL	B	0.04%	0.05%	0.04%
	GLW	B	0.14%	0.18%	0.14%
	GPC	D	0.08%	0.1%	0.08%
	GS	A	0.45%	0.82%	0.45%
	GWW	A	0.02%	0.24%	0.02%
	HD	A	0.32%	2.12%	0.32%
	HIG	C	0.14%	0.18%	0.14%
	HII	F	0.04%	0.05%	0.04%
	HON	A	0.45%	0.71%	0.45%
	HPQ	B	0.11%	0.18%	0.11%
	HRL	D	0.04%	0.05%	0.04%
	HSY	F	0.1%	0.15%	0.1%
	HUBB	B	0.09%	0.12%	0.09%
	HUM	F	0.15%	0.2%	0.15%
	IBM	D	0.8%	1.07%	0.8%
	ICE	D	0.36%	0.49%	0.36%
	IDA	A	0.02%	0.03%	0.02%
	IEX	B	0.06%	0.09%	0.06%
	INGR	B	0.04%	0.05%	0.04%
	ITT	A	0.05%	0.06%	0.05%
	ITW	B	0.19%	0.38%	0.19%
	JBHT	B	0.06%	0.07%	0.06%
	JKHY	D	0.05%	0.07%	0.05%
	JNJ	D	1.55%	2.05%	1.55%
	JPM	A	2.39%	3.16%	2.39%
	KO	D	0.47%	1.47%	0.47%
	KR	B	0.15%	0.14%	0.14%
	LAD	A	0.03%	0.04%	0.03%
	LECO	C	0.03%	0.06%	0.03%
	LFUS	D	0.03%	0.03%	0.03%
	LHX	B	0.18%	0.24%	0.18%
	LIN	D	0.91%	1.21%	0.91%
	LMT	D	0.34%	0.67%	0.34%
	LNT	A	0.06%	0.08%	0.06%
	LOW	A	0.61%	0.82%	0.61%
	MAN	F	0.01%	0.02%	0.01%
	MAS	D	0.07%	0.1%	0.07%
	MCD	D	0.81%	1.15%	0.81%
	MCHP	F	0.17%	0.23%	0.17%
	MCK	A	0.14%	0.34%	0.14%
	MDLZ	F	0.39%	0.52%	0.39%
	MDT	D	0.46%	0.61%	0.46%
	MET	A	0.19%	0.26%	0.19%
	MKC	D	0.08%	0.11%	0.08%
	MKTX	C	0.04%	0.05%	0.04%
	MMC	C	0.38%	0.58%	0.38%
	MSA	D	0.03%	0.04%	0.03%
	MSI	A	0.15%	0.39%	0.15%
	NDAQ	A	0.12%	0.16%	0.12%
	NDSN	B	0.06%	0.07%	0.06%
	NEE	C	0.69%	0.91%	0.69%
	NFG	A	0.02%	0.03%	0.02%
	NKE	D	0.16%	0.56%	0.16%
	NOC	D	0.29%	0.38%	0.29%
	NUE	D	0.14%	0.19%	0.14%
	ORI	A	0.03%	0.04%	0.03%
	OSK	C	0.03%	0.03%	0.03%
	OZK	A	0.02%	0.02%	0.02%
	PAYX	B	0.11%	0.23%	0.11%
	PB	A	0.03%	0.04%	0.03%
	PEP	F	0.19%	1.23%	0.19%
	PFG	C	0.08%	0.1%	0.08%
	PG	C	1.26%	2.15%	1.26%
	PII	F	0.02%	0.02%	0.02%
	PKG	B	0.08%	0.1%	0.08%
	PNC	A	0.29%	0.39%	0.29%
	PNR	A	0.06%	0.09%	0.06%
	PPG	F	0.12%	0.16%	0.12%
	PRGO	C	0.01%	0.02%	0.01%
	PRI	A	0.04%	0.05%	0.04%
	PSX	C	0.22%	0.3%	0.22%
	QCOM	F	0.05%	0.99%	0.05%
	R	A	0.02%	0.03%	0.02%
	RBA	A	0.06%	0.08%	0.06%
	RGA	A	0.06%	0.08%	0.06%
	RGLD	C	0.04%	0.05%	0.04%
	RHI	B	0.03%	0.04%	0.03%
	RJF	A	0.09%	0.12%	0.09%
	RLI	A	0.02%	0.03%	0.02%
	RMD	C	0.1%	0.19%	0.1%
	RNR	D	0.06%	0.07%	0.06%
	ROK	A	0.11%	0.16%	0.11%
	ROP	C	0.24%	0.31%	0.24%
	RPM	A	0.05%	0.08%	0.05%
	RRX	B	0.04%	0.06%	0.04%
	RS	B	0.07%	0.08%	0.07%
	RSG	B	0.16%	0.22%	0.16%
	SBUX	A	0.1%	0.59%	0.1%
	SCI	B	0.04%	0.06%	0.04%
	SEIC	A	0.03%	0.04%	0.03%
	SHW	B	0.03%	0.47%	0.03%
	SJM	F	0.05%	0.07%	0.05%
	SLGN	B	0.02%	0.02%	0.02%
	SNA	A	0.06%	0.08%	0.06%
	SON	D	0.02%	0.03%	0.02%
	SPGI	C	0.64%	0.88%	0.64%
	SRE	A	0.21%	0.28%	0.21%
	SSD	D	0.03%	0.04%	0.03%
	STE	D	0.09%	0.13%	0.09%
	STLD	B	0.07%	0.1%	0.07%
	STT	A	0.11%	0.14%	0.11%
	SWK	F	0.07%	0.09%	0.07%
	SYK	A	0.36%	0.65%	0.36%
	SYY	D	0.06%	0.2%	0.06%
	TGT	D	0.29%	0.38%	0.29%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.02%	0.03%	0.02%
	TKR	F	0.02%	0.03%	0.02%
	TRV	A	0.21%	0.28%	0.21%
	TSN	A	0.07%	0.09%	0.07%
	TTC	D	0.04%	0.05%	0.04%
	TXN	C	0.65%	0.99%	0.65%
	UNH	B	1.98%	2.84%	1.98%
	UNM	A	0.04%	0.05%	0.04%
	UNP	D	0.31%	0.79%	0.31%
	VLTO	D	0.06%	0.15%	0.06%
	VMC	B	0.1%	0.17%	0.1%
	WLK	F	0.02%	0.03%	0.02%
	WMT	A	1.39%	1.85%	1.39%
	WRB	A	0.07%	0.09%	0.07%
	WSM	F	0.03%	0.1%	0.03%
	WSO	A	0.07%	0.1%	0.07%
	WST	C	0.03%	0.11%	0.03%
	WTFC	A	0.03%	0.04%	0.03%
	WTRG	C	0.04%	0.05%	0.04%
	XEL	A	0.14%	0.19%	0.14%
	XOM	B	2.08%	2.76%	2.08%
	XYL	D	0.13%	0.17%	0.13%
	ZION	A	0.03%	0.04%	0.03%
	ZTS	D	0.06%	0.47%	0.06%

VONV Overweight 629 Positions Relative to VIG

	Symbol	Grade	Weight
	BRK.A	A	3.33%
	CVX	A	1.0%
	TMO	D	0.93%
	WFC	A	0.78%
	PM	A	0.75%
	VZ	C	0.75%
	DIS	A	0.7%
	PFE	F	0.65%
	RTX	D	0.64%
	GE	D	0.64%
	T	A	0.62%
	BSX	B	0.49%
	COP	C	0.49%
	C	A	0.47%
	PLD	D	0.46%
	MS	A	0.45%
	MU	D	0.45%
	BMY	B	0.42%
	DE	D	0.42%
	GILD	B	0.41%
	TMUS	A	0.4%
	INTC	C	0.4%
	REGN	F	0.4%
	SO	C	0.39%
	UPS	C	0.39%
	AXP	A	0.38%
	AMD	F	0.36%
	MO	A	0.35%
	CI	D	0.35%
	DUK	C	0.35%
	SCHW	A	0.34%
	PYPL	A	0.32%
	PH	A	0.32%
	WELL	A	0.31%
	CVS	F	0.31%
	EQIX	B	0.31%
	BA	F	0.29%
	FI	A	0.28%
	EOG	A	0.28%
	USB	B	0.28%
	FCX	F	0.28%
	CEG	D	0.27%
	GEV	A	0.27%
	FDX	A	0.25%
	TDG	D	0.25%
	KKR	A	0.25%
	SLB	C	0.24%
	VRTX	C	0.24%
	MMM	D	0.24%
	NEM	F	0.24%
	MAR	A	0.23%
	TFC	A	0.23%
	MPC	D	0.23%
	HCA	D	0.23%
	TT	A	0.23%
	TJX	A	0.22%
	CARR	D	0.22%
	O	D	0.22%
	WMB	A	0.22%
	NSC	B	0.22%
	COF	A	0.22%
	MRVL	B	0.22%
	DLR	A	0.21%
	OKE	A	0.21%
	AEP	C	0.21%
	GM	A	0.2%
	PCAR	B	0.2%
	CCI	D	0.2%
	FIS	B	0.19%
	AIG	B	0.19%
	D	C	0.19%
	PSA	C	0.19%
	KVUE	A	0.18%
	PEG	C	0.18%
	LEN	D	0.18%
	OTIS	D	0.17%
	PCG	A	0.17%
	KMI	A	0.17%
	VLO	C	0.17%
	JCI	A	0.17%
	A	D	0.17%
	PRU	A	0.17%
	CNC	F	0.16%
	IR	A	0.16%
	AME	A	0.16%
	KDP	D	0.16%
	ACGL	C	0.16%
	EXC	C	0.16%
	SPG	A	0.16%
	URI	B	0.16%
	STZ	D	0.16%
	CTVA	D	0.16%
	GIS	D	0.16%
	F	C	0.16%
	DD	D	0.15%
	GEHC	D	0.15%
	EXR	C	0.15%
	IQV	F	0.15%
	CBRE	B	0.15%
	ROST	D	0.15%
	HWM	A	0.15%
	EA	A	0.15%
	CTSH	B	0.15%
	DOW	F	0.15%
	CRM	A	0.15%
	OXY	F	0.14%
	VICI	C	0.14%
	ED	D	0.14%
	BKR	A	0.14%
	MTD	F	0.13%
	WAB	B	0.13%
	EW	C	0.13%
	AVB	A	0.13%
	FANG	D	0.13%
	DAL	A	0.13%
	EBAY	D	0.13%
	EIX	C	0.13%
	PHM	D	0.12%
	MTB	A	0.12%
	PWR	A	0.12%
	WTW	B	0.12%
	WEC	A	0.12%
	CHTR	B	0.12%
	CSGP	F	0.12%
	ON	F	0.12%
	MLM	B	0.12%
	KHC	F	0.12%
	HPE	B	0.11%
	FSLR	F	0.11%
	IFF	D	0.11%
	DELL	C	0.11%
	GRMN	B	0.11%
	RCL	A	0.11%
	HLT	A	0.11%
	KEYS	C	0.11%
	FTV	D	0.11%
	ANSS	B	0.11%
	ETR	A	0.11%
	EQR	C	0.11%
	NVR	D	0.11%
	KMB	C	0.11%
	BIIB	F	0.11%
	EFX	F	0.11%
	YUM	D	0.1%
	PPL	A	0.1%
	DVN	F	0.1%
	WY	D	0.1%
	MSTR	B	0.1%
	LYB	F	0.1%
	SW	A	0.1%
	FE	C	0.1%
	HAL	C	0.1%
	SBAC	D	0.1%
	VTR	C	0.1%
	GPN	B	0.1%
	TTWO	A	0.1%
	SQ	A	0.09%
	INVH	D	0.09%
	MRNA	F	0.09%
	LDOS	C	0.09%
	FCNCA	A	0.09%
	ZBH	C	0.09%
	BBY	C	0.09%
	WDC	F	0.09%
	PGR	B	0.09%
	AEE	A	0.09%
	ES	C	0.09%
	TROW	A	0.09%
	TRU	D	0.08%
	BAX	F	0.08%
	APTV	F	0.08%
	SYF	A	0.08%
	OMC	C	0.08%
	WBD	B	0.08%
	LNG	A	0.08%
	TDY	B	0.08%
	EQT	A	0.08%
	ARE	D	0.08%
	ILMN	C	0.08%
	BALL	D	0.08%
	K	B	0.08%
	BLDR	D	0.08%
	HBAN	A	0.08%
	RF	A	0.08%
	APO	A	0.07%
	TXT	D	0.07%
	SUI	D	0.07%
	IP	A	0.07%
	AVTR	F	0.07%
	LUV	A	0.07%
	CTRA	A	0.07%
	NTRS	A	0.07%
	ZM	B	0.07%
	CCL	A	0.07%
	MAA	A	0.07%
	CFG	A	0.07%
	DG	F	0.07%
	HOLX	D	0.07%
	CNP	A	0.07%
	UAL	A	0.07%
	LH	B	0.07%
	MSCI	A	0.07%
	ESS	A	0.07%
	ACM	B	0.06%
	NTAP	D	0.06%
	USFD	B	0.06%
	EG	D	0.06%
	L	A	0.06%
	DLTR	F	0.06%
	EL	F	0.06%
	IBKR	A	0.06%
	IRM	D	0.06%
	MRO	A	0.06%
	UDR	C	0.06%
	ZBRA	B	0.06%
	GEN	B	0.06%
	VRSN	D	0.06%
	TRMB	A	0.06%
	AKAM	F	0.06%
	OC	A	0.06%
	KIM	A	0.06%
	MKL	A	0.06%
	CAG	F	0.06%
	KEY	A	0.06%
	HOOD	A	0.06%
	NI	A	0.06%
	CF	A	0.06%
	UTHR	B	0.06%
	TOL	B	0.06%
	RVTY	D	0.06%
	THC	C	0.06%
	SWKS	F	0.06%
	DOC	D	0.06%
	SSNC	D	0.06%
	AMCR	C	0.06%
	J	D	0.06%
	EWBC	A	0.05%
	NVT	B	0.05%
	TFX	F	0.05%
	COHR	B	0.05%
	BLD	F	0.05%
	IPG	F	0.05%
	CUBE	C	0.05%
	EME	B	0.05%
	JBL	C	0.05%
	CLH	C	0.05%
	CVNA	A	0.05%
	HST	D	0.05%
	TECH	D	0.05%
	CW	B	0.05%
	BXP	D	0.05%
	JNPR	D	0.05%
	CPT	D	0.05%
	FFIV	B	0.05%
	AMH	C	0.05%
	ELS	B	0.05%
	UHS	D	0.05%
	BMRN	F	0.05%
	REG	A	0.05%
	HES	B	0.05%
	GLPI	D	0.05%
	WPC	D	0.05%
	BG	D	0.05%
	AMAT	F	0.05%
	VTRS	A	0.05%
	EVRG	A	0.05%
	CIEN	B	0.04%
	APA	F	0.04%
	NYT	D	0.04%
	EGP	D	0.04%
	CZR	F	0.04%
	FTNT	A	0.04%
	MGM	D	0.04%
	SNX	D	0.04%
	WYNN	D	0.04%
	RIVN	F	0.04%
	DRI	B	0.04%
	WAL	A	0.04%
	HSIC	D	0.04%
	SF	A	0.04%
	CPB	D	0.04%
	FRT	B	0.04%
	AFRM	A	0.04%
	CG	B	0.04%
	EHC	B	0.04%
	SOLV	C	0.04%
	AA	A	0.04%
	MTCH	F	0.04%
	FOXA	A	0.04%
	CNH	D	0.04%
	QRVO	F	0.04%
	INCY	B	0.04%
	TTEK	D	0.04%
	OHI	C	0.04%
	OVV	C	0.04%
	PNW	A	0.04%
	NWSA	B	0.04%
	CRL	D	0.04%
	TAP	A	0.04%
	QGEN	D	0.04%
	ARMK	C	0.04%
	WWD	B	0.04%
	PFGC	B	0.04%
	NTNX	A	0.04%
	LKQ	D	0.04%
	EPAM	B	0.04%
	DKS	D	0.04%
	TPR	A	0.04%
	REXR	F	0.04%
	BJ	B	0.04%
	FBIN	D	0.04%
	CTLT	C	0.04%
	RPRX	F	0.04%
	CACI	C	0.04%
	NRG	B	0.04%
	CCK	D	0.04%
	FTI	A	0.04%
	KMX	B	0.04%
	LW	C	0.03%
	BPOP	C	0.03%
	MAT	C	0.03%
	WBA	F	0.03%
	PARA	C	0.03%
	IVZ	B	0.03%
	BIO	C	0.03%
	OKTA	D	0.03%
	MTG	C	0.03%
	XP	F	0.03%
	CGNX	D	0.03%
	CRUS	F	0.03%
	LSTR	D	0.03%
	WMS	F	0.03%
	LBRDK	B	0.03%
	FLS	A	0.03%
	SOFI	A	0.03%
	JAZZ	A	0.03%
	AAL	B	0.03%
	MKSI	D	0.03%
	BFAM	F	0.03%
	GNTX	C	0.03%
	PR	C	0.03%
	VNO	B	0.03%
	G	A	0.03%
	ARW	D	0.03%
	VFC	B	0.03%
	DINO	D	0.03%
	FICO	A	0.03%
	CROX	F	0.03%
	STAG	D	0.03%
	KEX	A	0.03%
	HRB	D	0.03%
	RGEN	D	0.03%
	SAIC	D	0.03%
	BBWI	C	0.03%
	ELAN	C	0.03%
	RRC	B	0.03%
	FR	D	0.03%
	MNST	D	0.03%
	WCC	A	0.03%
	MOH	F	0.03%
	MIDD	D	0.03%
	HLI	A	0.03%
	CRBG	B	0.03%
	PNFP	A	0.03%
	ADC	A	0.03%
	EXAS	F	0.03%
	APG	C	0.03%
	ONTO	F	0.03%
	JEF	A	0.03%
	DTM	A	0.03%
	Z	A	0.03%
	WEX	F	0.03%
	AGNC	C	0.03%
	MTZ	B	0.03%
	ACI	C	0.03%
	BERY	D	0.03%
	CR	A	0.03%
	RL	B	0.03%
	SWN	C	0.03%
	X	D	0.03%
	ALGN	D	0.03%
	BWXT	A	0.03%
	BRBR	A	0.03%
	KBR	D	0.03%
	COKE	C	0.03%
	CMA	A	0.03%
	WBS	A	0.03%
	AXTA	A	0.03%
	FCN	F	0.03%
	GMED	A	0.03%
	SKX	D	0.03%
	ROKU	D	0.03%
	COLD	F	0.03%
	VOYA	A	0.03%
	BWA	A	0.03%
	CHRD	F	0.03%
	DAY	B	0.03%
	GWRE	B	0.03%
	FMC	F	0.03%
	OGE	A	0.03%
	ATI	D	0.03%
	WAT	B	0.03%
	FND	F	0.03%
	AR	B	0.03%
	MHK	D	0.03%
	BRX	A	0.03%
	ALSN	B	0.03%
	TKO	C	0.03%
	PTC	B	0.03%
	ALLY	C	0.03%
	KNX	B	0.03%
	AYI	A	0.03%
	FHN	A	0.03%
	RBC	A	0.03%
	MOS	D	0.03%
	GME	C	0.03%
	TW	B	0.03%
	LAMR	D	0.03%
	FYBR	C	0.03%
	GPK	D	0.03%
	BKNG	A	0.03%
	NNN	D	0.03%
	JLL	C	0.03%
	TWLO	A	0.03%
	AWI	A	0.02%
	MSM	C	0.02%
	CLF	F	0.02%
	ALNY	D	0.02%
	GFS	C	0.02%
	HUN	F	0.02%
	RH	C	0.02%
	IAC	D	0.02%
	BILL	A	0.02%
	DBX	C	0.02%
	WTM	A	0.02%
	LITE	A	0.02%
	SITE	D	0.02%
	M	C	0.02%
	EEFT	C	0.02%
	FRPT	B	0.02%
	UHAL	D	0.02%
	GAP	C	0.02%
	BYD	A	0.02%
	AN	D	0.02%
	CUZ	B	0.02%
	DLB	D	0.02%
	KRC	C	0.02%
	AZO	C	0.02%
	HOG	D	0.02%
	RYN	D	0.02%
	PSN	C	0.02%
	GNRC	B	0.02%
	SAIA	B	0.02%
	CPRI	F	0.02%
	OLED	F	0.02%
	DOCS	C	0.02%
	SLM	A	0.02%
	ROIV	D	0.02%
	WSC	F	0.02%
	HXL	F	0.02%
	OGN	F	0.02%
	JHG	A	0.02%
	SEE	B	0.02%
	FNB	A	0.02%
	FOX	A	0.02%
	ORLY	A	0.02%
	W	F	0.02%
	KD	A	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	UGI	C	0.02%
	ST	F	0.02%
	XRAY	F	0.02%
	LNC	A	0.02%
	WH	A	0.02%
	MTDR	C	0.02%
	ZG	A	0.02%
	COLB	A	0.02%
	S	B	0.02%
	AMG	A	0.02%
	PVH	C	0.02%
	OLN	F	0.02%
	MDU	D	0.02%
	SRCL	B	0.02%
	COIN	A	0.02%
	POST	D	0.02%
	ALK	A	0.02%
	WHR	A	0.02%
	H	B	0.02%
	BEN	C	0.02%
	SIRI	C	0.02%
	ACHC	F	0.02%
	VMI	B	0.02%
	SN	C	0.02%
	DAR	B	0.02%
	OLLI	D	0.02%
	ESAB	B	0.02%
	ESI	B	0.02%
	GXO	B	0.02%
	LEA	F	0.02%
	MTSI	B	0.02%
	SNV	A	0.02%
	STWD	D	0.02%
	DASH	B	0.02%
	NOV	D	0.02%
	UA	B	0.01%
	SNDR	B	0.01%
	CERT	F	0.01%
	LYFT	B	0.01%
	TRIP	D	0.01%
	WEN	C	0.01%
	FTRE	D	0.01%
	INFA	F	0.01%
	REYN	D	0.01%
	GO	C	0.01%
	PPC	B	0.01%
	LEG	F	0.01%
	TER	F	0.01%
	LEN	D	0.01%
	PSTG	F	0.01%
	IPGP	D	0.01%
	BIRK	F	0.01%
	SAM	B	0.01%
	UAA	B	0.01%
	VSTS	F	0.01%
	PINC	B	0.01%
	AZEK	B	0.01%
	QS	F	0.01%
	BROS	A	0.01%
	GLOB	C	0.01%
	ADTN	A	0.01%
	LPX	A	0.01%
	HAYW	A	0.01%
	EXP	B	0.01%
	RCM	A	0.01%
	ETSY	D	0.01%
	JWN	A	0.01%
	MP	B	0.01%
	AAP	D	0.01%
	CRI	D	0.01%
	KSS	F	0.01%
	ENOV	C	0.01%
	YETI	F	0.01%
	HHH	B	0.01%
	CNXC	F	0.01%
	VIRT	A	0.01%
	AZTA	F	0.01%
	SPB	C	0.01%
	ULTA	D	0.01%
	SHC	D	0.01%
	AGR	A	0.01%
	VAC	B	0.01%
	RKT	F	0.01%
	CWEN	D	0.01%
	BRKR	F	0.01%
	MASI	A	0.01%
	CXT	D	0.01%
	BHF	A	0.01%
	ALGM	F	0.01%
	COLM	B	0.01%
	LOPE	B	0.01%
	CC	C	0.01%
	CNM	F	0.01%
	PENN	B	0.01%
	CLVT	F	0.01%
	PK	C	0.01%
	FHB	A	0.01%
	TNL	A	0.01%
	PAG	A	0.01%
	AMED	F	0.01%
	IRDM	C	0.01%
	CPRT	A	0.01%
	LCID	F	0.01%
	PAYC	B	0.01%
	NXST	D	0.01%
	AM	A	0.01%
	ZI	D	0.01%
	NWL	B	0.01%
	NSA	C	0.01%
	PLNT	A	0.01%
	NWS	A	0.01%
	SPR	D	0.01%
	WU	F	0.01%
	HIW	D	0.01%
	NVST	C	0.01%
	AMKR	F	0.01%
	MPW	F	0.01%
	COTY	F	0.01%
	DNB	B	0.01%
	MSGS	B	0.01%
	GTES	B	0.01%
	TPG	B	0.01%
	DXC	C	0.01%
	EPR	D	0.01%
	NEU	C	0.01%
	CIVI	F	0.01%
	SMG	D	0.01%
	KMPR	A	0.01%
	TYL	B	0.01%
	U	F	0.01%
	UHAL	D	0.0%
	SEG	B	0.0%
	UWMC	F	0.0%
	NFE	F	0.0%
	DJT	C	0.0%
	IONS	F	0.0%
	CHH	A	0.0%
	UI	A	0.0%
	PLTK	A	0.0%
	CACC	D	0.0%
	LBRDA	B	0.0%
	TFSL	A	0.0%
	PATH	D	0.0%
	TXG	F	0.0%
	CWEN	D	0.0%
	SEB	F	0.0%
	CAR	C	0.0%
	PYCR	C	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	NCNO	B	0.0%
	HCP	B	0.0%
	AMC	C	0.0%
	DV	C	0.0%
	MTN	C	0.0%
	CNA	C	0.0%
	HAS	D	0.0%
	WOLF	F	0.0%
	EXEL	B	0.0%

VONV Underweight 121 Positions Relative to VIG

	Symbol	Grade	Weight
	AAPL	C	-4.78%
	AVGO	C	-4.21%
	MSFT	D	-3.75%
	V	A	-2.32%
	MA	A	-2.15%
	COST	B	-2.06%
	MRK	F	-1.51%
	ORCL	A	-1.43%
	INTU	A	-0.91%
	KLAC	F	-0.55%
	WM	B	-0.4%
	MCO	C	-0.39%
	COR	B	-0.21%
	TSCO	D	-0.17%
	CLX	A	-0.11%
	BAH	D	-0.11%
	LII	B	-0.1%
	TPL	A	-0.09%
	POOL	D	-0.08%
	HEI	A	-0.08%
	ERIE	F	-0.07%
	FIX	A	-0.07%
	MORN	B	-0.05%
	CHDN	C	-0.05%
	HEI	A	-0.05%
	SSB	A	-0.04%
	UFPI	C	-0.04%
	ENSG	D	-0.04%
	AIT	A	-0.04%
	GATX	A	-0.03%
	FFIN	A	-0.03%
	HOMB	A	-0.03%
	SIGI	A	-0.03%
	BCPC	B	-0.03%
	WTS	A	-0.03%
	EXPO	D	-0.03%
	CADE	A	-0.03%
	CBT	C	-0.03%
	BMI	B	-0.03%
	WSFS	A	-0.02%
	CBU	A	-0.02%
	GFF	A	-0.02%
	CWT	C	-0.02%
	AWR	A	-0.02%
	NSP	F	-0.02%
	IBOC	A	-0.02%
	OTTR	C	-0.02%
	MGEE	A	-0.02%
	BRC	C	-0.02%
	LANC	D	-0.02%
	AUB	A	-0.02%
	ABM	B	-0.02%
	WDFC	A	-0.02%
	POWI	D	-0.02%
	CNO	A	-0.02%
	KAI	A	-0.02%
	FELE	B	-0.02%
	FUL	F	-0.02%
	AVNT	A	-0.02%
	UMBF	A	-0.02%
	NJR	A	-0.02%
	MATX	B	-0.02%
	SRCE	A	-0.01%
	GABC	A	-0.01%
	WS	B	-0.01%
	MSEX	B	-0.01%
	WOR	F	-0.01%
	WABC	A	-0.01%
	LNN	B	-0.01%
	CSGS	A	-0.01%
	HMN	A	-0.01%
	TCBK	A	-0.01%
	APOG	B	-0.01%
	NHC	B	-0.01%
	CABO	B	-0.01%
	ANDE	C	-0.01%
	SCL	D	-0.01%
	LKFN	A	-0.01%
	SJW	F	-0.01%
	SYBT	A	-0.01%
	CHCO	A	-0.01%
	AGM	A	-0.01%
	TNC	F	-0.01%
	LMAT	A	-0.01%
	HI	C	-0.01%
	WLY	B	-0.01%
	BANF	A	-0.01%
	NBTB	A	-0.01%
	SXI	A	-0.01%
	FRME	A	-0.01%
	TOWN	A	-0.01%
	KWR	C	-0.01%
	MTRN	C	-0.01%
	HWKN	C	-0.01%
	HNI	A	-0.01%
	INDB	A	-0.01%
	CNS	B	-0.01%
	MGRC	B	-0.01%
	JJSF	C	-0.01%
	CPK	A	-0.01%
	GHC	A	-0.01%
	IOSP	C	-0.01%
	JOUT	F	-0.0%
	ARTNA	F	-0.0%
	HVT	F	-0.0%
	HIFS	B	-0.0%
	CASS	B	-0.0%
	GSBC	A	-0.0%
	TR	A	-0.0%
	YORW	D	-0.0%
	SMBC	A	-0.0%
	FMBH	A	-0.0%
	MATW	C	-0.0%
	HY	F	-0.0%
	FCBC	B	-0.0%
	GRC	B	-0.0%
	SPTN	F	-0.0%
	SCVL	F	-0.0%
	EMBC	C	-0.0%
	MNRO	B	-0.0%
	AMSF	A	-0.0%

VONV: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Software - Application Oil & Gas E&P Asset Management 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 Beverage Dow Jones Component Medicine

VIG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Specialty Chemicals Business Services Insurance - Property & Casualty Utilities - Regulated Water Capital Markets Insurance - Life Packaged Foods Asset Management Semiconductors Tools & Accessories Utilities - Regulated Electric Aerospace & Defense Insurance Brokers Medical Instruments & Supplies Steel Building Materials Chemicals Credit Services

Keywords: S&P 500 Bank Insurance Banking Chemical Nasdaq 100 Electronics Mining Insurance Products Dow Jones Component Natural Gas Plastic Aerospace Beverage Commercial Banking Disability Deposit Products Oil And Gas Adhesives Electricity