VONV vs. VO ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to Vanguard Mid-Cap ETF - DNQ (VO)

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

VO

Vanguard Mid-Cap ETF - DNQ

VO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. 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

$281.84

Average Daily Volume

578,616

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	VONV	VO
30 Days	3.51%	5.97%
60 Days	4.96%	7.54%
90 Days	7.00%	10.26%
12 Months	29.73%	32.89%

261 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in VO	Overlap
	A	D	0.15%	0.46%	0.15%
	ACGL	D	0.14%	0.43%	0.14%
	ADM	D	0.11%	0.32%	0.11%
	AEE	A	0.09%	0.28%	0.09%
	AGR	B	0.01%	0.03%	0.01%
	AIG	B	0.2%	0.3%	0.2%
	AJG	B	0.23%	0.75%	0.23%
	AKAM	D	0.06%	0.19%	0.06%
	ALB	C	0.04%	0.07%	0.04%
	ALGN	D	0.03%	0.18%	0.03%
	ALL	A	0.17%	0.6%	0.17%
	ALNY	D	0.02%	0.42%	0.02%
	AME	A	0.17%	0.51%	0.17%
	AMP	A	0.02%	0.61%	0.02%
	ANSS	B	0.11%	0.34%	0.11%
	APH	A	0.13%	0.98%	0.13%
	APO	B	0.08%	0.69%	0.08%
	APTV	D	0.06%	0.18%	0.06%
	ARE	D	0.08%	0.24%	0.08%
	AVB	B	0.13%	0.38%	0.13%
	AVTR	F	0.06%	0.18%	0.06%
	AVY	D	0.04%	0.2%	0.04%
	AWK	D	0.11%	0.33%	0.11%
	AZO	C	0.02%	0.31%	0.02%
	BALL	D	0.07%	0.22%	0.07%
	BAX	D	0.07%	0.22%	0.07%
	BBY	D	0.08%	0.21%	0.08%
	BEN	C	0.02%	0.04%	0.02%
	BIIB	F	0.1%	0.31%	0.1%
	BKR	B	0.15%	0.46%	0.15%
	BMRN	D	0.05%	0.15%	0.05%
	BR	A	0.01%	0.3%	0.01%
	BRO	B	0.06%	0.29%	0.06%
	CAG	D	0.06%	0.17%	0.06%
	CAH	B	0.04%	0.32%	0.04%
	CARR	D	0.2%	0.76%	0.2%
	CBOE	B	0.09%	0.27%	0.09%
	CBRE	B	0.16%	0.49%	0.16%
	CCL	B	0.09%	0.25%	0.09%
	CDW	F	0.05%	0.3%	0.05%
	CE	F	0.04%	0.17%	0.04%
	CEG	D	0.28%	1.01%	0.28%
	CF	B	0.06%	0.18%	0.06%
	CFG	B	0.08%	0.22%	0.08%
	CHD	B	0.1%	0.3%	0.1%
	CINF	A	0.09%	0.27%	0.09%
	CMI	A	0.18%	0.55%	0.18%
	CMS	C	0.08%	0.25%	0.08%
	CNC	D	0.13%	0.4%	0.13%
	CNP	B	0.07%	0.23%	0.07%
	COIN	C	0.02%	0.38%	0.02%
	CPB	D	0.04%	0.11%	0.04%
	CPRT	A	0.01%	0.54%	0.01%
	CRBG	B	0.03%	0.08%	0.03%
	CSGP	D	0.12%	0.36%	0.12%
	CTAS	B	0.01%	0.86%	0.01%
	CTRA	B	0.07%	0.2%	0.07%
	CTSH	B	0.15%	0.45%	0.15%
	CTVA	C	0.17%	0.51%	0.17%
	CVNA	B	0.07%	0.18%	0.07%
	D	C	0.2%	0.3%	0.2%
	DAL	C	0.15%	0.45%	0.15%
	DASH	A	0.03%	0.62%	0.03%
	DD	D	0.14%	0.38%	0.14%
	DFS	B	0.15%	0.45%	0.15%
	DG	F	0.07%	0.21%	0.07%
	DGX	A	0.07%	0.21%	0.07%
	DHI	D	0.2%	0.6%	0.2%
	DLR	B	0.23%	0.71%	0.23%
	DLTR	F	0.05%	0.16%	0.05%
	DOC	D	0.06%	0.1%	0.06%
	DOV	A	0.1%	0.32%	0.1%
	DOW	F	0.14%	0.42%	0.14%
	DPZ	C	0.04%	0.18%	0.04%
	DRI	B	0.04%	0.23%	0.04%
	DTE	C	0.1%	0.27%	0.1%
	DVN	F	0.1%	0.29%	0.1%
	EA	A	0.16%	0.48%	0.16%
	EBAY	D	0.12%	0.34%	0.12%
	ED	D	0.14%	0.43%	0.14%
	EFX	F	0.1%	0.4%	0.1%
	EG	C	0.05%	0.19%	0.05%
	EIX	B	0.13%	0.38%	0.13%
	EL	F	0.04%	0.09%	0.04%
	EQR	B	0.11%	0.31%	0.11%
	EQT	B	0.08%	0.13%	0.08%
	ES	D	0.09%	0.29%	0.09%
	ESS	B	0.07%	0.22%	0.07%
	ETR	B	0.13%	0.4%	0.13%
	EVRG	A	0.05%	0.08%	0.05%
	EW	C	0.13%	0.24%	0.13%
	EXC	C	0.16%	0.48%	0.16%
	EXPD	D	0.06%	0.2%	0.06%
	EXR	D	0.14%	0.42%	0.14%
	FANG	D	0.13%	0.41%	0.13%
	FAST	B	0.03%	0.54%	0.03%
	FDS	B	0.04%	0.21%	0.04%
	FE	C	0.1%	0.28%	0.1%
	FICO	B	0.03%	0.56%	0.03%
	FIS	C	0.2%	0.59%	0.2%
	FITB	A	0.12%	0.36%	0.12%
	FNF	B	0.06%	0.19%	0.06%
	FOX	A	0.02%	0.05%	0.02%
	FOXA	B	0.04%	0.12%	0.04%
	FSLR	F	0.08%	0.24%	0.08%
	FTNT	C	0.04%	0.29%	0.04%
	FTV	C	0.1%	0.3%	0.1%
	GEHC	F	0.14%	0.46%	0.14%
	GEN	B	0.06%	0.18%	0.06%
	GEV	B	0.33%	0.5%	0.33%
	GIS	D	0.15%	0.46%	0.15%
	GLW	B	0.15%	0.44%	0.15%
	GPC	D	0.06%	0.19%	0.06%
	GPN	B	0.11%	0.26%	0.11%
	GRMN	B	0.12%	0.37%	0.12%
	GWW	B	0.02%	0.59%	0.02%
	HAL	C	0.1%	0.27%	0.1%
	HBAN	A	0.09%	0.27%	0.09%
	HES	B	0.05%	0.45%	0.05%
	HIG	B	0.13%	0.39%	0.13%
	HLT	A	0.11%	0.35%	0.11%
	HOLX	D	0.07%	0.23%	0.07%
	HPE	B	0.1%	0.31%	0.1%
	HPQ	B	0.11%	0.42%	0.11%
	HRL	D	0.04%	0.11%	0.04%
	HSY	F	0.09%	0.32%	0.09%
	HUBB	B	0.09%	0.14%	0.09%
	HWM	A	0.15%	0.49%	0.15%
	IBKR	A	0.06%	0.19%	0.06%
	IFF	D	0.1%	0.31%	0.1%
	ILMN	D	0.09%	0.28%	0.09%
	INCY	C	0.04%	0.07%	0.04%
	INVH	D	0.08%	0.22%	0.08%
	IP	B	0.08%	0.23%	0.08%
	IQV	D	0.13%	0.43%	0.13%
	IR	B	0.15%	0.47%	0.15%
	IRM	D	0.06%	0.44%	0.06%
	J	F	0.07%	0.21%	0.07%
	JBHT	C	0.06%	0.18%	0.06%
	JCI	C	0.17%	0.31%	0.17%
	K	A	0.08%	0.27%	0.08%
	KEY	B	0.06%	0.19%	0.06%
	KEYS	A	0.1%	0.32%	0.1%
	KMI	A	0.19%	0.28%	0.19%
	KR	B	0.15%	0.44%	0.15%
	KVUE	A	0.18%	0.53%	0.18%
	L	A	0.06%	0.18%	0.06%
	LDOS	C	0.1%	0.15%	0.1%
	LEN	D	0.16%	0.02%	0.02%
	LEN	D	0.01%	0.02%	0.01%
	LEN	D	0.01%	0.5%	0.01%
	LEN	D	0.16%	0.5%	0.16%
	LH	C	0.08%	0.23%	0.08%
	LHX	C	0.19%	0.57%	0.19%
	LNG	B	0.09%	0.5%	0.09%
	LNT	A	0.06%	0.19%	0.06%
	LUV	C	0.07%	0.22%	0.07%
	LYB	F	0.09%	0.27%	0.09%
	MAA	B	0.07%	0.21%	0.07%
	MAS	D	0.07%	0.21%	0.07%
	MCHP	D	0.16%	0.48%	0.16%
	MGM	D	0.03%	0.05%	0.03%
	MKC	D	0.08%	0.24%	0.08%
	MKL	A	0.06%	0.23%	0.06%
	MLM	B	0.14%	0.44%	0.14%
	MOH	F	0.03%	0.22%	0.03%
	MRNA	F	0.07%	0.23%	0.07%
	MRO	B	0.06%	0.19%	0.06%
	MRVL	B	0.25%	0.42%	0.25%
	MSCI	C	0.07%	0.52%	0.07%
	MSI	B	0.16%	0.91%	0.16%
	MSTR	C	0.14%	0.26%	0.14%
	MTB	A	0.13%	0.39%	0.13%
	MTD	D	0.11%	0.33%	0.11%
	NDAQ	A	0.12%	0.41%	0.12%
	NEM	D	0.21%	0.64%	0.21%
	NI	A	0.06%	0.1%	0.06%
	NTAP	C	0.05%	0.29%	0.05%
	NTRS	A	0.08%	0.23%	0.08%
	NUE	C	0.14%	0.41%	0.14%
	NVR	D	0.1%	0.32%	0.1%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.04%	0.16%	0.04%
	O	D	0.21%	0.63%	0.21%
	OKE	A	0.23%	0.69%	0.23%
	OKTA	C	0.03%	0.14%	0.03%
	OMC	C	0.08%	0.24%	0.08%
	ON	D	0.12%	0.37%	0.12%
	OTIS	C	0.16%	0.48%	0.16%
	PCAR	B	0.21%	0.66%	0.21%
	PCG	A	0.17%	0.51%	0.17%
	PEG	A	0.18%	0.54%	0.18%
	PFG	D	0.08%	0.23%	0.08%
	PHM	D	0.11%	0.33%	0.11%
	PKG	A	0.08%	0.25%	0.08%
	PPG	F	0.12%	0.35%	0.12%
	PPL	B	0.1%	0.28%	0.1%
	PRU	A	0.18%	0.53%	0.18%
	PWR	A	0.12%	0.54%	0.12%
	RCL	A	0.13%	0.55%	0.13%
	RF	A	0.09%	0.26%	0.09%
	RJF	A	0.11%	0.33%	0.11%
	RKT	F	0.01%	0.03%	0.01%
	RMD	C	0.1%	0.43%	0.1%
	ROK	B	0.11%	0.37%	0.11%
	RPRX	D	0.04%	0.12%	0.04%
	RVTY	F	0.06%	0.18%	0.06%
	SBAC	D	0.1%	0.3%	0.1%
	SNA	A	0.07%	0.21%	0.07%
	SPG	B	0.16%	0.32%	0.16%
	SQ	B	0.09%	0.49%	0.09%
	SSNC	B	0.06%	0.18%	0.06%
	STE	F	0.09%	0.27%	0.09%
	STLD	B	0.08%	0.12%	0.08%
	STT	A	0.11%	0.32%	0.11%
	SUI	D	0.07%	0.2%	0.07%
	SWK	D	0.06%	0.17%	0.06%
	SWKS	F	0.06%	0.17%	0.06%
	SYF	B	0.09%	0.26%	0.09%
	SYY	B	0.06%	0.45%	0.06%
	TDG	D	0.23%	0.84%	0.23%
	TDY	B	0.08%	0.26%	0.08%
	TER	D	0.01%	0.21%	0.01%
	TRMB	B	0.06%	0.18%	0.06%
	TROW	B	0.1%	0.3%	0.1%
	TRU	D	0.07%	0.24%	0.07%
	TSN	B	0.07%	0.2%	0.07%
	TTWO	A	0.11%	0.33%	0.11%
	TW	A	0.04%	0.18%	0.04%
	TXT	D	0.06%	0.18%	0.06%
	TYL	B	0.02%	0.31%	0.02%
	UAL	A	0.1%	0.31%	0.1%
	UDR	B	0.06%	0.08%	0.06%
	ULTA	F	0.01%	0.21%	0.01%
	URI	B	0.16%	0.65%	0.16%
	VICI	C	0.13%	0.36%	0.13%
	VLTO	D	0.06%	0.29%	0.06%
	VMC	B	0.11%	0.44%	0.11%
	VRSN	F	0.06%	0.18%	0.06%
	VTR	C	0.11%	0.33%	0.11%
	VTRS	A	0.06%	0.17%	0.06%
	WAB	B	0.13%	0.4%	0.13%
	WAT	B	0.03%	0.23%	0.03%
	WBA	F	0.03%	0.04%	0.03%
	WBD	C	0.08%	0.22%	0.08%
	WDC	D	0.09%	0.27%	0.09%
	WEC	A	0.12%	0.37%	0.12%
	WELL	A	0.33%	1.0%	0.33%
	WLK	D	0.02%	0.03%	0.02%
	WMB	A	0.25%	0.39%	0.25%
	WPC	D	0.05%	0.15%	0.05%
	WRB	A	0.07%	0.2%	0.07%
	WST	C	0.04%	0.27%	0.04%
	WTW	B	0.12%	0.37%	0.12%
	WY	D	0.09%	0.27%	0.09%
	XEL	A	0.15%	0.45%	0.15%
	XYL	D	0.12%	0.36%	0.12%
	YUM	B	0.09%	0.45%	0.09%
	ZBH	C	0.09%	0.26%	0.09%
	ZBRA	B	0.06%	0.24%	0.06%
	ZM	B	0.08%	0.21%	0.08%

VONV Overweight 583 Positions Relative to VO

	Symbol	Grade	Weight
	BRK.A	B	3.3%
	JPM	A	2.55%
	XOM	B	2.1%
	UNH	C	1.94%
	JNJ	D	1.54%
	WMT	A	1.42%
	PG	A	1.21%
	BAC	A	1.14%
	CVX	A	1.03%
	WFC	A	0.91%
	CSCO	B	0.89%
	LIN	D	0.88%
	ACN	C	0.87%
	TMO	F	0.84%
	PM	B	0.83%
	ABBV	D	0.82%
	MCD	D	0.79%
	ABT	B	0.78%
	IBM	C	0.76%
	DIS	B	0.71%
	VZ	C	0.71%
	CMCSA	B	0.67%
	T	A	0.65%
	TXN	C	0.65%
	NEE	D	0.65%
	PFE	D	0.64%
	RTX	C	0.64%
	CAT	B	0.63%
	DHR	F	0.63%
	LOW	D	0.6%
	SPGI	C	0.6%
	GE	D	0.59%
	BLK	C	0.58%
	ETN	A	0.53%
	MS	A	0.51%
	COP	C	0.51%
	C	A	0.49%
	BSX	B	0.49%
	GS	A	0.48%
	CB	C	0.46%
	MDT	D	0.46%
	BMY	B	0.45%
	HON	B	0.45%
	MU	D	0.44%
	ADI	D	0.44%
	GILD	C	0.44%
	TMUS	B	0.43%
	KO	D	0.43%
	PLD	D	0.42%
	DE	A	0.41%
	SO	D	0.4%
	UPS	C	0.39%
	AXP	A	0.38%
	SCHW	B	0.38%
	MDLZ	F	0.37%
	INTC	D	0.37%
	MMC	B	0.37%
	MO	A	0.37%
	DUK	C	0.36%
	SYK	C	0.36%
	ICE	C	0.35%
	BA	F	0.34%
	EQIX	A	0.33%
	AMD	F	0.32%
	HD	A	0.32%
	ELV	F	0.32%
	LMT	D	0.32%
	GD	F	0.32%
	CI	F	0.32%
	REGN	F	0.32%
	CME	A	0.32%
	PYPL	B	0.32%
	PH	A	0.32%
	FI	A	0.31%
	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%
	KKR	A	0.27%
	BDX	F	0.27%
	FCX	D	0.26%
	CSX	B	0.26%
	VRTX	F	0.25%
	COF	B	0.25%
	EMR	A	0.25%
	FDX	B	0.25%
	MAR	B	0.24%
	NSC	B	0.23%
	GM	B	0.23%
	SLB	C	0.23%
	ROP	B	0.23%
	TFC	A	0.23%
	MMM	D	0.23%
	AFL	B	0.23%
	TT	A	0.22%
	BK	A	0.22%
	TRV	B	0.22%
	MPC	D	0.21%
	AEP	D	0.21%
	TJX	A	0.21%
	SRE	A	0.21%
	PSX	C	0.2%
	HCA	F	0.2%
	CCI	D	0.19%
	PEP	F	0.19%
	ITW	B	0.19%
	PSA	D	0.18%
	MET	A	0.18%
	VLO	C	0.17%
	CRM	B	0.17%
	F	C	0.16%
	RSG	A	0.16%
	KDP	D	0.15%
	MCK	B	0.15%
	STZ	D	0.15%
	AMGN	D	0.15%
	CL	D	0.14%
	ROST	C	0.14%
	NKE	D	0.14%
	OXY	D	0.13%
	KHC	F	0.12%
	CHTR	C	0.12%
	HUM	C	0.12%
	KMB	D	0.11%
	SW	A	0.11%
	DELL	C	0.11%
	PAYX	C	0.11%
	SBUX	A	0.1%
	PGR	A	0.09%
	FCNCA	A	0.09%
	ATO	A	0.08%
	IEX	B	0.07%
	UTHR	C	0.07%
	RS	B	0.07%
	PNR	A	0.07%
	WSO	A	0.07%
	CSL	C	0.07%
	BLDR	D	0.07%
	RGA	A	0.06%
	NDSN	B	0.06%
	USFD	A	0.06%
	ZTS	D	0.06%
	ACM	A	0.06%
	THC	D	0.06%
	TOL	B	0.06%
	OC	A	0.06%
	RBA	A	0.06%
	HOOD	B	0.06%
	KIM	A	0.06%
	AMCR	D	0.06%
	QCOM	F	0.05%
	FTI	A	0.05%
	TECH	D	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	SJM	D	0.05%
	CLH	B	0.05%
	UHS	D	0.05%
	BG	F	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	CHRW	C	0.05%
	CPT	B	0.05%
	HST	C	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	ALLE	D	0.05%
	COHR	B	0.05%
	AMAT	F	0.05%
	EMN	D	0.05%
	NVT	B	0.05%
	JBL	B	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	BXP	D	0.05%
	JNPR	F	0.05%
	ELS	C	0.05%
	GLPI	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	JKHY	D	0.05%
	RNR	C	0.05%
	EWBC	A	0.05%
	GGG	B	0.05%
	FFIV	B	0.05%
	DTM	B	0.04%
	FYBR	D	0.04%
	DCI	B	0.04%
	BWXT	B	0.04%
	WBS	A	0.04%
	JLL	D	0.04%
	WAL	B	0.04%
	NYT	C	0.04%
	HSIC	B	0.04%
	LAD	A	0.04%
	AOS	F	0.04%
	WYNN	D	0.04%
	FRT	B	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%
	QGEN	D	0.04%
	FHN	A	0.04%
	TFX	F	0.04%
	EVR	B	0.04%
	BKNG	A	0.04%
	TAP	C	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%
	CNH	C	0.04%
	EPAM	C	0.04%
	EHC	B	0.04%
	WWD	B	0.04%
	ARMK	B	0.04%
	DKS	C	0.04%
	AIZ	A	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%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	OHI	C	0.04%
	KMX	B	0.04%
	CTLT	B	0.04%
	PFGC	B	0.04%
	MKTX	D	0.04%
	CUBE	D	0.04%
	NTNX	A	0.04%
	TPR	B	0.04%
	TWLO	A	0.04%
	CCK	C	0.04%
	CG	A	0.04%
	RRX	B	0.04%
	IPG	D	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%
	IVZ	B	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%
	PARA	C	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%
	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%
	MHK	D	0.03%
	GXO	B	0.03%
	LBRDK	C	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%
	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%
	JEF	A	0.03%
	BERY	B	0.03%
	BRX	A	0.03%
	FMC	D	0.03%
	ECL	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%
	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%
	ADP	B	0.03%
	APA	D	0.03%
	MOS	F	0.03%
	BRBR	A	0.03%
	LAMR	D	0.03%
	CZR	F	0.03%
	PTC	A	0.03%
	ORI	A	0.03%
	X	C	0.03%
	SNX	C	0.03%
	INGR	B	0.03%
	KMPR	B	0.02%
	MSGS	A	0.02%
	RH	B	0.02%
	HOG	D	0.02%
	ACHC	F	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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%
	HAS	D	0.0%
	NCNO	B	0.0%
	CERT	F	0.0%

VONV Underweight 47 Positions Relative to VO

	Symbol	Grade	Weight
	PLTR	B	-1.02%
	TTD	B	-0.63%
	WCN	A	-0.55%
	VST	B	-0.52%
	COR	B	-0.49%
	ODFL	B	-0.47%
	VRT	B	-0.47%
	VRSK	A	-0.47%
	IT	C	-0.45%
	DDOG	A	-0.45%
	MPWR	F	-0.43%
	IDXX	F	-0.41%
	LULU	C	-0.41%
	TEAM	A	-0.37%
	VEEV	C	-0.37%
	ARES	A	-0.36%
	TSCO	D	-0.35%
	RBLX	C	-0.34%
	DXCM	D	-0.34%
	HUBS	A	-0.33%
	NET	B	-0.31%
	GDDY	A	-0.29%
	LPLA	A	-0.26%
	STX	D	-0.26%
	CPAY	A	-0.26%
	EXPE	B	-0.24%
	CLX	B	-0.24%
	MDB	C	-0.23%
	APP	B	-0.23%
	LYV	A	-0.23%
	LVS	C	-0.23%
	PINS	D	-0.23%
	TRGP	B	-0.22%
	SNOW	C	-0.21%
	ZS	C	-0.2%
	BURL	A	-0.19%
	HEI	B	-0.18%
	SMCI	F	-0.18%
	ROL	B	-0.17%
	SNAP	C	-0.16%
	TPL	A	-0.14%
	ENPH	F	-0.13%
	HEI	B	-0.12%
	PODD	C	-0.1%
	BSY	D	-0.09%
	POOL	C	-0.08%
	WMG	C	-0.05%

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

VO: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Diversified Industrials REIT - Residential Specialty Retail Banks - Regional - US Capital Markets Oil & Gas E&P Packaged Foods Specialty Chemicals Biotechnology Insurance - Property & Casualty Medical Instruments & Supplies Oil & Gas Midstream Scientific & Technical Instruments Semiconductors Software - Infrastructure

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Real Estate Investment Trust Aerospace Electronics Insurance Products Chemical Medicine Bank Banking Cloud Computing Disability Oil And Gas Telecommunications Acid Laser