VONV vs. XVV ETF Comparison

Comparison of Vanguard Russell 1000 Value ETF (VONV) to iShares ESG Screened S&P 500 ETF (XVV)

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

XVV

iShares ESG Screened S&P 500 ETF

XVV Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities while applying screens for company involvement in controversies and controversial business activities. The fund seeks to track the investment results of the S&P 500 Sustainability Screened Index, which measures the performance of the large-capitalization sector of the U.S. equity market while excluding companies involved in controversial business activities and controversies, as determined by S&P Dow Jones Indices LLC. BFA uses a representative sampling indexing strategy to manage the fund. It is non-diversified.

Grade (RS Rating)

Last Trade

$45.89

Average Daily Volume

40,869

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	VONV	XVV
30 Days	3.51%	3.10%
60 Days	4.96%	4.22%
90 Days	7.00%	5.90%
12 Months	29.73%	32.25%

380 Overlapping Holdings

	Symbol	Grade	Weight in VONV	Weight in XVV	Overlap
	A	D	0.15%	0.08%	0.08%
	ABBV	D	0.82%	0.65%	0.65%
	ABT	B	0.78%	0.43%	0.43%
	ACGL	D	0.14%	0.08%	0.08%
	ACN	C	0.87%	0.49%	0.49%
	ADI	D	0.44%	0.23%	0.23%
	ADM	D	0.11%	0.05%	0.05%
	ADP	B	0.03%	0.27%	0.03%
	AFL	B	0.23%	0.12%	0.12%
	AIG	B	0.2%	0.11%	0.11%
	AIZ	A	0.04%	0.03%	0.03%
	AJG	B	0.23%	0.14%	0.14%
	AKAM	D	0.06%	0.03%	0.03%
	ALB	C	0.04%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.11%	0.11%
	ALLE	D	0.05%	0.03%	0.03%
	AMAT	F	0.05%	0.33%	0.05%
	AMCR	D	0.06%	0.03%	0.03%
	AMD	F	0.32%	0.49%	0.32%
	AME	A	0.17%	0.1%	0.1%
	AMGN	D	0.15%	0.35%	0.15%
	AMP	A	0.02%	0.12%	0.02%
	ANSS	B	0.11%	0.06%	0.06%
	AON	A	0.29%	0.18%	0.18%
	AOS	F	0.04%	0.02%	0.02%
	APD	A	0.28%	0.15%	0.15%
	APH	A	0.13%	0.19%	0.13%
	APTV	D	0.06%	0.03%	0.03%
	ARE	D	0.08%	0.04%	0.04%
	ATO	A	0.08%	0.05%	0.05%
	AVB	B	0.13%	0.07%	0.07%
	AVY	D	0.04%	0.04%	0.04%
	AWK	D	0.11%	0.06%	0.06%
	AXP	A	0.38%	0.35%	0.35%
	AZO	C	0.02%	0.12%	0.02%
	BAC	A	1.14%	0.67%	0.67%
	BALL	D	0.07%	0.04%	0.04%
	BAX	D	0.07%	0.04%	0.04%
	BBY	D	0.08%	0.04%	0.04%
	BDX	F	0.27%	0.14%	0.14%
	BEN	C	0.02%	0.01%	0.01%
	BG	F	0.05%	0.03%	0.03%
	BIIB	F	0.1%	0.05%	0.05%
	BK	A	0.22%	0.12%	0.12%
	BKNG	A	0.04%	0.36%	0.04%
	BKR	B	0.15%	0.09%	0.09%
	BLDR	D	0.07%	0.05%	0.05%
	BLK	C	0.58%	0.32%	0.32%
	BMY	B	0.45%	0.26%	0.26%
	BR	A	0.01%	0.06%	0.01%
	BRK.A	B	3.3%	1.86%	1.86%
	BRO	B	0.06%	0.06%	0.06%
	BSX	B	0.49%	0.28%	0.28%
	BWA	D	0.03%	0.02%	0.02%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.49%	0.28%	0.28%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	0.04%	0.06%	0.04%
	CARR	D	0.2%	0.14%	0.14%
	CAT	B	0.63%	0.41%	0.41%
	CB	C	0.46%	0.23%	0.23%
	CBOE	B	0.09%	0.04%	0.04%
	CBRE	B	0.16%	0.09%	0.09%
	CCI	D	0.19%	0.1%	0.1%
	CCL	B	0.09%	0.05%	0.05%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.04%	0.02%	0.02%
	CEG	D	0.28%	0.15%	0.15%
	CF	B	0.06%	0.03%	0.03%
	CFG	B	0.08%	0.05%	0.05%
	CHD	B	0.1%	0.06%	0.06%
	CHRW	C	0.05%	0.03%	0.03%
	CHTR	C	0.12%	0.08%	0.08%
	CI	F	0.32%	0.2%	0.2%
	CINF	A	0.09%	0.05%	0.05%
	CL	D	0.14%	0.16%	0.14%
	CMCSA	B	0.67%	0.36%	0.36%
	CME	A	0.32%	0.18%	0.18%
	CMI	A	0.18%	0.11%	0.11%
	CNC	D	0.13%	0.07%	0.07%
	CNP	B	0.07%	0.04%	0.04%
	COF	B	0.25%	0.15%	0.15%
	CPB	D	0.04%	0.02%	0.02%
	CPRT	A	0.01%	0.11%	0.01%
	CPT	B	0.05%	0.03%	0.03%
	CRL	C	0.04%	0.02%	0.02%
	CRM	B	0.17%	0.7%	0.17%
	CSCO	B	0.89%	0.51%	0.51%
	CSGP	D	0.12%	0.07%	0.07%
	CSX	B	0.26%	0.15%	0.15%
	CTAS	B	0.01%	0.16%	0.01%
	CTLT	B	0.04%	0.02%	0.02%
	CTSH	B	0.15%	0.09%	0.09%
	CTVA	C	0.17%	0.09%	0.09%
	CVS	D	0.29%	0.15%	0.15%
	CZR	F	0.03%	0.02%	0.02%
	D	C	0.2%	0.1%	0.1%
	DAL	C	0.15%	0.09%	0.09%
	DAY	B	0.04%	0.03%	0.03%
	DE	A	0.41%	0.22%	0.22%
	DFS	B	0.15%	0.1%	0.1%
	DG	F	0.07%	0.04%	0.04%
	DGX	A	0.07%	0.04%	0.04%
	DHI	D	0.2%	0.1%	0.1%
	DHR	F	0.63%	0.33%	0.33%
	DIS	B	0.71%	0.43%	0.43%
	DLR	B	0.23%	0.12%	0.12%
	DLTR	F	0.05%	0.03%	0.03%
	DOC	D	0.06%	0.03%	0.03%
	DOV	A	0.1%	0.06%	0.06%
	DOW	F	0.14%	0.07%	0.07%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	EA	A	0.16%	0.09%	0.09%
	EBAY	D	0.12%	0.07%	0.07%
	ECL	D	0.03%	0.14%	0.03%
	ED	D	0.14%	0.07%	0.07%
	EFX	F	0.1%	0.07%	0.07%
	EIX	B	0.13%	0.07%	0.07%
	EL	F	0.04%	0.03%	0.03%
	ELV	F	0.32%	0.21%	0.21%
	EMR	A	0.25%	0.16%	0.16%
	EPAM	C	0.04%	0.03%	0.03%
	EQIX	A	0.33%	0.19%	0.19%
	EQR	B	0.11%	0.05%	0.05%
	ES	D	0.09%	0.05%	0.05%
	ESS	B	0.07%	0.04%	0.04%
	ETN	A	0.53%	0.31%	0.31%
	ETR	B	0.13%	0.07%	0.07%
	EW	C	0.13%	0.09%	0.09%
	EXC	C	0.16%	0.08%	0.08%
	EXPD	D	0.06%	0.04%	0.04%
	EXR	D	0.14%	0.08%	0.08%
	F	C	0.16%	0.09%	0.09%
	FAST	B	0.03%	0.1%	0.03%
	FCX	D	0.26%	0.13%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.25%	0.14%	0.14%
	FFIV	B	0.05%	0.03%	0.03%
	FI	A	0.31%	0.26%	0.26%
	FICO	B	0.03%	0.12%	0.03%
	FIS	C	0.2%	0.1%	0.1%
	FITB	A	0.12%	0.07%	0.07%
	FMC	D	0.03%	0.02%	0.02%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	B	0.04%	0.02%	0.02%
	FRT	B	0.04%	0.02%	0.02%
	FSLR	F	0.08%	0.04%	0.04%
	FTNT	C	0.04%	0.13%	0.04%
	FTV	C	0.1%	0.06%	0.06%
	GE	D	0.59%	0.42%	0.42%
	GEHC	F	0.14%	0.08%	0.08%
	GEN	B	0.06%	0.04%	0.04%
	GEV	B	0.33%	0.2%	0.2%
	GILD	C	0.44%	0.25%	0.25%
	GIS	D	0.15%	0.08%	0.08%
	GL	B	0.04%	0.02%	0.02%
	GLW	B	0.15%	0.08%	0.08%
	GM	B	0.23%	0.14%	0.14%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.06%	0.04%	0.04%
	GPN	B	0.11%	0.06%	0.06%
	GRMN	B	0.12%	0.07%	0.07%
	GS	A	0.48%	0.4%	0.4%
	HAL	C	0.1%	0.06%	0.06%
	HAS	D	0.0%	0.02%	0.0%
	HBAN	A	0.09%	0.05%	0.05%
	HCA	F	0.2%	0.14%	0.14%
	HD	A	0.32%	0.87%	0.32%
	HIG	B	0.13%	0.07%	0.07%
	HLT	A	0.11%	0.13%	0.11%
	HOLX	D	0.07%	0.04%	0.04%
	HPE	B	0.1%	0.06%	0.06%
	HPQ	B	0.11%	0.08%	0.08%
	HRL	D	0.04%	0.02%	0.02%
	HSIC	B	0.04%	0.02%	0.02%
	HST	C	0.05%	0.03%	0.03%
	HSY	F	0.09%	0.06%	0.06%
	HUBB	B	0.09%	0.05%	0.05%
	HUM	C	0.12%	0.07%	0.07%
	HWM	A	0.15%	0.1%	0.1%
	ICE	C	0.35%	0.19%	0.19%
	IEX	B	0.07%	0.04%	0.04%
	IFF	D	0.1%	0.05%	0.05%
	INCY	C	0.04%	0.03%	0.03%
	INTC	D	0.37%	0.23%	0.23%
	INVH	D	0.08%	0.04%	0.04%
	IP	B	0.08%	0.04%	0.04%
	IPG	D	0.04%	0.02%	0.02%
	IQV	D	0.13%	0.08%	0.08%
	IR	B	0.15%	0.09%	0.09%
	IRM	D	0.06%	0.07%	0.06%
	ITW	B	0.19%	0.16%	0.16%
	IVZ	B	0.03%	0.02%	0.02%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.17%	0.12%	0.12%
	JKHY	D	0.05%	0.03%	0.03%
	JNPR	F	0.05%	0.03%	0.03%
	JPM	A	2.55%	1.49%	1.49%
	K	A	0.08%	0.05%	0.05%
	KDP	D	0.15%	0.08%	0.08%
	KEY	B	0.06%	0.04%	0.04%
	KEYS	A	0.1%	0.06%	0.06%
	KHC	F	0.12%	0.06%	0.06%
	KIM	A	0.06%	0.04%	0.04%
	KKR	A	0.27%	0.22%	0.22%
	KMB	D	0.11%	0.1%	0.1%
	KMI	A	0.19%	0.11%	0.11%
	KMX	B	0.04%	0.03%	0.03%
	KO	D	0.43%	0.53%	0.43%
	KR	B	0.15%	0.09%	0.09%
	L	A	0.06%	0.03%	0.03%
	LEN	D	0.01%	0.09%	0.01%
	LEN	D	0.16%	0.09%	0.09%
	LH	C	0.08%	0.04%	0.04%
	LIN	D	0.88%	0.47%	0.47%
	LKQ	D	0.04%	0.02%	0.02%
	LOW	D	0.6%	0.33%	0.33%
	LUV	C	0.07%	0.04%	0.04%
	LW	C	0.03%	0.03%	0.03%
	LYB	F	0.09%	0.05%	0.05%
	MAA	B	0.07%	0.04%	0.04%
	MAR	B	0.24%	0.14%	0.14%
	MAS	D	0.07%	0.04%	0.04%
	MCD	D	0.79%	0.47%	0.47%
	MCHP	D	0.16%	0.08%	0.08%
	MCK	B	0.15%	0.17%	0.15%
	MDLZ	F	0.37%	0.19%	0.19%
	MDT	D	0.46%	0.24%	0.24%
	MET	A	0.18%	0.11%	0.11%
	MGM	D	0.03%	0.02%	0.02%
	MHK	D	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.04%	0.04%
	MKTX	D	0.04%	0.02%	0.02%
	MLM	B	0.14%	0.08%	0.08%
	MMC	B	0.37%	0.24%	0.24%
	MNST	C	0.03%	0.09%	0.03%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.21%	0.11%	0.11%
	MRNA	F	0.07%	0.03%	0.03%
	MS	A	0.51%	0.36%	0.36%
	MSCI	C	0.07%	0.1%	0.07%
	MSI	B	0.16%	0.18%	0.16%
	MTB	A	0.13%	0.08%	0.08%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.11%	0.06%	0.06%
	MU	D	0.44%	0.24%	0.24%
	NDAQ	A	0.12%	0.07%	0.07%
	NDSN	B	0.06%	0.03%	0.03%
	NEE	D	0.65%	0.34%	0.34%
	NEM	D	0.21%	0.1%	0.1%
	NKE	D	0.14%	0.2%	0.14%
	NSC	B	0.23%	0.13%	0.13%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.08%	0.05%	0.05%
	NUE	C	0.14%	0.08%	0.08%
	NVR	D	0.1%	0.06%	0.06%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.04%	0.02%	0.02%
	O	D	0.21%	0.11%	0.11%
	OKE	A	0.23%	0.14%	0.14%
	OMC	C	0.08%	0.05%	0.05%
	ON	D	0.12%	0.06%	0.06%
	ORLY	B	0.02%	0.16%	0.02%
	OTIS	C	0.16%	0.09%	0.09%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.11%	0.1%	0.1%
	PCAR	B	0.21%	0.13%	0.13%
	PEG	A	0.18%	0.09%	0.09%
	PEP	F	0.19%	0.49%	0.19%
	PFE	D	0.64%	0.32%	0.32%
	PFG	D	0.08%	0.04%	0.04%
	PG	A	1.21%	0.85%	0.85%
	PGR	A	0.09%	0.33%	0.09%
	PH	A	0.32%	0.19%	0.19%
	PHM	D	0.11%	0.06%	0.06%
	PKG	A	0.08%	0.05%	0.05%
	PLD	D	0.42%	0.23%	0.23%
	PNC	B	0.3%	0.18%	0.18%
	PNR	A	0.07%	0.04%	0.04%
	PPG	F	0.12%	0.06%	0.06%
	PRU	A	0.18%	0.1%	0.1%
	PSA	D	0.18%	0.11%	0.11%
	PSX	C	0.2%	0.12%	0.12%
	PTC	A	0.03%	0.05%	0.03%
	PWR	A	0.12%	0.1%	0.1%
	PYPL	B	0.32%	0.19%	0.19%
	QCOM	F	0.05%	0.4%	0.05%
	QRVO	F	0.03%	0.01%	0.01%
	RCL	A	0.13%	0.12%	0.12%
	REG	B	0.05%	0.03%	0.03%
	REGN	F	0.32%	0.18%	0.18%
	RF	A	0.09%	0.05%	0.05%
	RJF	A	0.11%	0.06%	0.06%
	RL	B	0.03%	0.02%	0.02%
	RMD	C	0.1%	0.07%	0.07%
	ROK	B	0.11%	0.07%	0.07%
	ROP	B	0.23%	0.13%	0.13%
	ROST	C	0.14%	0.1%	0.1%
	RSG	A	0.16%	0.09%	0.09%
	RVTY	F	0.06%	0.03%	0.03%
	SBAC	D	0.1%	0.05%	0.05%
	SBUX	A	0.1%	0.24%	0.1%
	SCHW	B	0.38%	0.26%	0.26%
	SHW	A	0.03%	0.2%	0.03%
	SJM	D	0.05%	0.03%	0.03%
	SLB	C	0.23%	0.13%	0.13%
	SNA	A	0.07%	0.04%	0.04%
	SPG	B	0.16%	0.12%	0.12%
	SPGI	C	0.6%	0.35%	0.35%
	SRE	A	0.21%	0.12%	0.12%
	STE	F	0.09%	0.05%	0.05%
	STLD	B	0.08%	0.04%	0.04%
	STT	A	0.11%	0.06%	0.06%
	STZ	D	0.15%	0.08%	0.08%
	SW	A	0.11%	0.05%	0.05%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.09%	0.06%	0.06%
	SYK	C	0.36%	0.28%	0.28%
	SYY	B	0.06%	0.08%	0.06%
	T	A	0.65%	0.35%	0.35%
	TAP	C	0.04%	0.02%	0.02%
	TECH	D	0.05%	0.03%	0.03%
	TER	D	0.01%	0.04%	0.01%
	TFC	A	0.23%	0.13%	0.13%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.28%	0.15%	0.15%
	TJX	A	0.21%	0.29%	0.21%
	TMO	F	0.84%	0.44%	0.44%
	TMUS	B	0.43%	0.25%	0.25%
	TPR	B	0.04%	0.03%	0.03%
	TRMB	B	0.06%	0.04%	0.04%
	TROW	B	0.1%	0.06%	0.06%
	TRV	B	0.22%	0.13%	0.13%
	TSN	B	0.07%	0.04%	0.04%
	TT	A	0.22%	0.2%	0.2%
	TTWO	A	0.11%	0.06%	0.06%
	TXN	C	0.65%	0.41%	0.41%
	TYL	B	0.02%	0.06%	0.02%
	UAL	A	0.1%	0.07%	0.07%
	UDR	B	0.06%	0.03%	0.03%
	UHS	D	0.05%	0.03%	0.03%
	ULTA	F	0.01%	0.04%	0.01%
	UNH	C	1.94%	1.19%	1.19%
	UNP	C	0.3%	0.31%	0.3%
	UPS	C	0.39%	0.21%	0.21%
	URI	B	0.16%	0.12%	0.12%
	USB	A	0.3%	0.17%	0.17%
	VICI	C	0.13%	0.07%	0.07%
	VLO	C	0.17%	0.1%	0.1%
	VLTO	D	0.06%	0.06%	0.06%
	VMC	B	0.11%	0.08%	0.08%
	VRSN	F	0.06%	0.03%	0.03%
	VRTX	F	0.25%	0.27%	0.25%
	VTR	C	0.11%	0.06%	0.06%
	VTRS	A	0.06%	0.03%	0.03%
	VZ	C	0.71%	0.37%	0.37%
	WAB	B	0.13%	0.07%	0.07%
	WAT	B	0.03%	0.05%	0.03%
	WBA	F	0.03%	0.01%	0.01%
	WBD	C	0.08%	0.05%	0.05%
	WDC	D	0.09%	0.04%	0.04%
	WELL	A	0.33%	0.17%	0.17%
	WFC	A	0.91%	0.54%	0.54%
	WMB	A	0.25%	0.15%	0.15%
	WRB	A	0.07%	0.04%	0.04%
	WST	C	0.04%	0.05%	0.04%
	WTW	B	0.12%	0.07%	0.07%
	WY	D	0.09%	0.05%	0.05%
	WYNN	D	0.04%	0.02%	0.02%
	XYL	D	0.12%	0.06%	0.06%
	YUM	B	0.09%	0.08%	0.08%
	ZBH	C	0.09%	0.05%	0.05%
	ZBRA	B	0.06%	0.05%	0.05%
	ZTS	D	0.06%	0.17%	0.06%

VONV Overweight 462 Positions Relative to XVV

	Symbol	Grade	Weight
	XOM	B	2.1%
	JNJ	D	1.54%
	WMT	A	1.42%
	CVX	A	1.03%
	PM	B	0.83%
	IBM	C	0.76%
	RTX	C	0.64%
	COP	C	0.51%
	HON	B	0.45%
	SO	D	0.4%
	MO	A	0.37%
	DUK	C	0.36%
	BA	F	0.34%
	LMT	D	0.32%
	GD	F	0.32%
	EOG	A	0.28%
	NOC	D	0.28%
	MRVL	B	0.25%
	TDG	D	0.23%
	MMM	D	0.23%
	AEP	D	0.21%
	LHX	C	0.19%
	KVUE	A	0.18%
	PCG	A	0.17%
	XEL	A	0.15%
	DD	D	0.14%
	MSTR	C	0.14%
	FANG	D	0.13%
	OXY	D	0.13%
	WEC	A	0.12%
	DELL	C	0.11%
	PPL	B	0.1%
	FE	C	0.1%
	DVN	F	0.1%
	LDOS	C	0.1%
	DTE	C	0.1%
	LNG	B	0.09%
	ILMN	D	0.09%
	AEE	A	0.09%
	FCNCA	A	0.09%
	SQ	B	0.09%
	APO	B	0.08%
	ZM	B	0.08%
	EQT	B	0.08%
	CMS	C	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%
	CVNA	B	0.07%
	J	F	0.07%
	CTRA	B	0.07%
	TRU	D	0.07%
	RGA	A	0.06%
	USFD	A	0.06%
	ACM	A	0.06%
	THC	D	0.06%
	TOL	B	0.06%
	TXT	D	0.06%
	SSNC	B	0.06%
	MKL	A	0.06%
	AVTR	F	0.06%
	OC	A	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%
	IBKR	A	0.06%
	FTI	A	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	AES	F	0.05%
	CLH	B	0.05%
	UNM	A	0.05%
	AMH	D	0.05%
	WPC	D	0.05%
	CASY	A	0.05%
	CACI	D	0.05%
	COHR	B	0.05%
	EMN	D	0.05%
	NVT	B	0.05%
	BMRN	D	0.05%
	RPM	A	0.05%
	EME	C	0.05%
	EG	C	0.05%
	ELS	C	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%
	DTM	B	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%
	LAD	A	0.04%
	CIEN	B	0.04%
	REXR	F	0.04%
	AFG	A	0.04%
	AYI	B	0.04%
	ALSN	B	0.04%
	QGEN	D	0.04%
	FHN	A	0.04%
	EVR	B	0.04%
	PRI	A	0.04%
	RGLD	C	0.04%
	SOFI	A	0.04%
	WTRG	B	0.04%
	CNH	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%
	FBIN	D	0.04%
	BLD	D	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	OHI	C	0.04%
	RPRX	D	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%
	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%
	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%
	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%
	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%
	AR	B	0.03%
	WTFC	A	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%
	BRBR	A	0.03%
	LAMR	D	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%
	AN	C	0.02%
	SITE	D	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%
	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%
	SEE	C	0.02%
	UGI	A	0.02%
	ZG	A	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%
	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%
	GWW	B	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%
	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%
	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 64 Positions Relative to XVV

	Symbol	Grade	Weight
	NVDA	C	-7.83%
	AAPL	C	-7.53%
	MSFT	F	-6.89%
	AMZN	C	-4.29%
	META	D	-2.74%
	GOOGL	C	-2.23%
	TSLA	B	-1.87%
	GOOG	C	-1.85%
	AVGO	D	-1.72%
	LLY	F	-1.35%
	V	A	-1.12%
	MA	C	-0.93%
	COST	B	-0.89%
	NFLX	A	-0.78%
	ORCL	B	-0.65%
	MRK	F	-0.54%
	ADBE	C	-0.51%
	NOW	A	-0.46%
	INTU	C	-0.43%
	ISRG	A	-0.41%
	UBER	D	-0.33%
	PANW	C	-0.28%
	BX	A	-0.28%
	ANET	C	-0.22%
	LRCX	F	-0.21%
	AMT	D	-0.2%
	KLAC	D	-0.19%
	WM	A	-0.18%
	CMG	B	-0.18%
	CDNS	B	-0.18%
	SNPS	B	-0.18%
	CRWD	B	-0.17%
	MCO	B	-0.16%
	ADSK	A	-0.14%
	ABNB	C	-0.13%
	NXPI	D	-0.12%
	AXON	A	-0.1%
	TEL	B	-0.1%
	VRSK	A	-0.09%
	IT	C	-0.09%
	TRGP	B	-0.09%
	ODFL	B	-0.09%
	COR	B	-0.09%
	IDXX	F	-0.08%
	LULU	C	-0.08%
	CPAY	A	-0.06%
	GDDY	A	-0.06%
	DECK	A	-0.06%
	MPWR	F	-0.06%
	TSCO	D	-0.06%
	DXCM	D	-0.06%
	EXPE	B	-0.05%
	LVS	C	-0.04%
	PODD	C	-0.04%
	COO	D	-0.04%
	LYV	A	-0.04%
	STX	D	-0.04%
	CLX	B	-0.04%
	NCLH	B	-0.03%
	POOL	C	-0.03%
	ROL	B	-0.03%
	DVA	B	-0.02%
	ENPH	F	-0.02%
	SMCI	F	-0.02%

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

XVV: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Semiconductors Diagnostics & Research Asset Management Banks - Regional - US Capital Markets Medical Instruments & Supplies Packaged Foods Drug Manufacturers - Major Medical Devices Specialty Retail Credit Services Health Care Plans Insurance - Property & Casualty REIT - Residential Specialty Chemicals Household & Personal Products Internet Content & Information

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