VTWG vs. VIOV ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to Vanguard S&P Small-Cap 600 Value ETF (VIOV)

VTWG

Vanguard Russell 2000 Growth ETF

VTWG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 2000® Growth Index. The index is designed to measure the performance of small-capitalization growth 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

$206.61

Average Daily Volume

41,538

Number of Holdings ^*

969

* may have additional holdings in another (foreign) market

VIOV

Vanguard S&P Small-Cap 600 Value ETF

VIOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Value Index, which represents the value companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization value stocks. 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

$92.30

Average Daily Volume

59,639

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	VIOV
30 Days	2.68%	1.59%
60 Days	0.59%	0.45%
90 Days	8.26%	10.93%
12 Months	26.48%	21.15%

178 Overlapping Holdings

	Symbol	Grade	Weight in VTWG	Weight in VIOV	Overlap
	ACIW	B	0.39%	0.3%	0.3%
	ADUS	C	0.06%	0.21%	0.06%
	AEIS	D	0.29%	0.23%	0.23%
	AHCO	C	0.04%	0.13%	0.04%
	AHH	D	0.0%	0.07%	0.0%
	AIN	F	0.05%	0.23%	0.05%
	AIR	D	0.03%	0.09%	0.03%
	ALKS	D	0.36%	0.26%	0.26%
	AMN	F	0.15%	0.14%	0.14%
	AMSF	C	0.03%	0.08%	0.03%
	AMWD	C	0.01%	0.09%	0.01%
	ANDE	D	0.01%	0.12%	0.01%
	APAM	C	0.19%	0.19%	0.19%
	APOG	B	0.03%	0.12%	0.03%
	ASO	D	0.08%	0.62%	0.08%
	ATEN	C	0.07%	0.08%	0.07%
	AWR	C	0.13%	0.22%	0.13%
	AX	D	0.03%	0.2%	0.03%
	BANF	C	0.02%	0.09%	0.02%
	BCPC	C	0.43%	0.38%	0.38%
	BFS	B	0.03%	0.04%	0.03%
	BJRI	D	0.02%	0.11%	0.02%
	BKE	B	0.1%	0.07%	0.07%
	BL	D	0.21%	0.13%	0.13%
	BLFS	D	0.06%	0.06%	0.06%
	BLMN	F	0.05%	0.12%	0.05%
	BOX	C	0.34%	0.28%	0.28%
	BSIG	C	0.05%	0.04%	0.04%
	CAKE	B	0.14%	0.15%	0.14%
	CAL	F	0.03%	0.21%	0.03%
	CALX	C	0.12%	0.17%	0.12%
	CBRL	D	0.01%	0.13%	0.01%
	CCS	C	0.03%	0.21%	0.03%
	CENT	F	0.0%	0.06%	0.0%
	CENTA	F	0.02%	0.28%	0.02%
	CENX	C	0.06%	0.11%	0.06%
	CEVA	C	0.04%	0.05%	0.04%
	CHCO	D	0.01%	0.11%	0.01%
	CHCT	F	0.0%	0.04%	0.0%
	CHEF	C	0.11%	0.23%	0.11%
	CLB	D	0.07%	0.08%	0.07%
	CNS	B	0.18%	0.18%	0.18%
	COOP	C	0.16%	0.92%	0.16%
	CORT	B	0.21%	0.17%	0.17%
	CRSR	D	0.0%	0.05%	0.0%
	CSGS	C	0.11%	0.11%	0.11%
	CTRE	C	0.02%	0.24%	0.02%
	CTS	D	0.09%	0.1%	0.09%
	CVGW	C	0.0%	0.06%	0.0%
	CVI	F	0.06%	0.05%	0.05%
	CWT	D	0.06%	0.29%	0.06%
	CXM	F	0.07%	0.16%	0.07%
	DIN	D	0.0%	0.04%	0.0%
	DIOD	F	0.03%	0.19%	0.03%
	DOCN	C	0.18%	0.14%	0.14%
	DORM	C	0.22%	0.15%	0.15%
	DXPE	C	0.0%	0.11%	0.0%
	DY	C	0.37%	0.78%	0.37%
	EAT	C	0.21%	0.28%	0.21%
	EMBC	D	0.01%	0.14%	0.01%
	ENR	D	0.17%	0.18%	0.17%
	ENV	C	0.24%	0.28%	0.24%
	EPAC	B	0.17%	0.11%	0.11%
	EXTR	C	0.08%	0.12%	0.08%
	EYE	F	0.0%	0.13%	0.0%
	FIZZ	D	0.08%	0.07%	0.07%
	FUL	D	0.1%	0.36%	0.1%
	GFF	C	0.19%	0.12%	0.12%
	GOGO	F	0.02%	0.04%	0.02%
	GVA	B	0.2%	0.25%	0.2%
	HBI	A	0.17%	0.34%	0.17%
	HI	F	0.06%	0.35%	0.06%
	HLIT	C	0.12%	0.12%	0.12%
	HNI	C	0.09%	0.15%	0.09%
	HRMY	B	0.08%	0.1%	0.08%
	HSTM	D	0.02%	0.05%	0.02%
	HTLD	F	0.02%	0.04%	0.02%
	ICHR	D	0.02%	0.16%	0.02%
	IIIN	F	0.02%	0.04%	0.02%
	INVA	C	0.01%	0.08%	0.01%
	IOSP	F	0.18%	0.16%	0.16%
	IRWD	F	0.02%	0.05%	0.02%
	ITRI	C	0.32%	0.36%	0.32%
	JBSS	F	0.06%	0.06%	0.06%
	JBT	C	0.01%	0.17%	0.01%
	KALU	D	0.08%	0.18%	0.08%
	KLG	D	0.08%	0.17%	0.08%
	KLIC	D	0.18%	0.14%	0.14%
	KREF	C	0.01%	0.11%	0.01%
	KRYS	D	0.36%	0.25%	0.25%
	KWR	D	0.18%	0.17%	0.17%
	LCII	C	0.22%	0.17%	0.17%
	LESL	F	0.02%	0.08%	0.02%
	LGIH	D	0.01%	0.13%	0.01%
	LKFN	D	0.01%	0.14%	0.01%
	LNN	C	0.05%	0.11%	0.05%
	MC	C	0.35%	0.33%	0.33%
	MCW	F	0.04%	0.05%	0.04%
	MCY	C	0.02%	0.27%	0.02%
	MGEE	C	0.1%	0.21%	0.1%
	MGPI	F	0.09%	0.09%	0.09%
	MLAB	C	0.02%	0.1%	0.02%
	MMSI	C	0.41%	0.35%	0.35%
	MRTN	D	0.02%	0.08%	0.02%
	MSEX	C	0.01%	0.09%	0.01%
	MXL	D	0.08%	0.07%	0.07%
	MYE	F	0.04%	0.04%	0.04%
	NABL	F	0.07%	0.05%	0.05%
	NARI	F	0.17%	0.15%	0.15%
	NATL	D	0.15%	0.3%	0.15%
	NBR	F	0.02%	0.1%	0.02%
	NGVT	D	0.11%	0.2%	0.11%
	NMIH	C	0.02%	0.18%	0.02%
	NPO	C	0.03%	0.28%	0.03%
	NSIT	C	0.45%	0.32%	0.32%
	NVEE	F	0.02%	0.19%	0.02%
	OMI	D	0.01%	0.17%	0.01%
	OUT	B	0.07%	0.22%	0.07%
	PAHC	C	0.01%	0.06%	0.01%
	PBI	C	0.03%	0.17%	0.03%
	PCRX	F	0.0%	0.11%	0.0%
	PDCO	F	0.02%	0.27%	0.02%
	PECO	C	0.05%	0.34%	0.05%
	PIPR	B	0.35%	0.33%	0.33%
	PJT	B	0.22%	0.18%	0.18%
	PLAB	D	0.04%	0.07%	0.04%
	PLUS	B	0.13%	0.15%	0.13%
	PLXS	B	0.08%	0.3%	0.08%
	PRFT	B	0.19%	0.16%	0.16%
	PSMT	B	0.11%	0.34%	0.11%
	PTGX	C	0.19%	0.11%	0.11%
	PZZA	D	0.08%	0.13%	0.08%
	QNST	C	0.07%	0.15%	0.07%
	RCUS	D	0.07%	0.08%	0.07%
	RGR	F	0.01%	0.11%	0.01%
	RILY	F	0.01%	0.01%	0.01%
	RXO	D	0.25%	0.27%	0.25%
	SABR	C	0.02%	0.08%	0.02%
	SAH	D	0.02%	0.14%	0.02%
	SCL	D	0.01%	0.25%	0.01%
	SDGR	F	0.09%	0.08%	0.08%
	SEM	D	0.2%	0.58%	0.2%
	SFBS	C	0.09%	0.33%	0.09%
	SITM	B	0.2%	0.16%	0.16%
	SLP	F	0.04%	0.04%	0.04%
	SLVM	C	0.04%	0.42%	0.04%
	SMPL	D	0.21%	0.16%	0.16%
	SMTC	C	0.21%	0.24%	0.21%
	SNCY	D	0.02%	0.03%	0.02%
	SNEX	C	0.02%	0.34%	0.02%
	SONO	F	0.1%	0.23%	0.1%
	SSTK	F	0.05%	0.06%	0.05%
	STAA	D	0.12%	0.1%	0.1%
	STEP	B	0.22%	0.3%	0.22%
	SUPN	D	0.01%	0.18%	0.01%
	SXT	B	0.23%	0.29%	0.23%
	THRM	F	0.12%	0.13%	0.12%
	THRY	F	0.04%	0.09%	0.04%
	TILE	C	0.01%	0.17%	0.01%
	TNDM	D	0.21%	0.23%	0.21%
	TPH	C	0.09%	0.25%	0.09%
	TRN	C	0.18%	0.2%	0.18%
	TRUP	D	0.11%	0.13%	0.11%
	TTGT	F	0.05%	0.04%	0.04%
	UCTT	D	0.12%	0.26%	0.12%
	UHT	C	0.04%	0.05%	0.04%
	USPH	F	0.1%	0.09%	0.09%
	VGR	C	0.02%	0.17%	0.02%
	VICR	C	0.04%	0.06%	0.04%
	VRTS	F	0.09%	0.08%	0.08%
	VSCO	C	0.03%	0.28%	0.03%
	WD	B	0.19%	0.31%	0.19%
	WERN	C	0.02%	0.36%	0.02%
	WHD	D	0.29%	0.23%	0.23%
	WLY	B	0.07%	0.31%	0.07%
	WOR	F	0.1%	0.07%	0.07%
	WWW	A	0.08%	0.17%	0.08%
	XNCR	D	0.04%	0.08%	0.04%

VTWG Overweight 791 Positions Relative to VIOV

	Symbol	Grade	Weight
	INSM	D	0.88%
	SFM	B	0.78%
	FN	C	0.66%
	PCVX	C	0.65%
	ENSG	D	0.62%
	AIT	B	0.59%
	HALO	D	0.59%
	FLR	D	0.58%
	MLI	B	0.56%
	ANF	D	0.55%
	SPSC	D	0.55%
	LNTH	D	0.54%
	CRS	C	0.51%
	HQY	C	0.5%
	GKOS	C	0.49%
	NOVT	D	0.49%
	MOD	C	0.47%
	CVLT	B	0.47%
	CWST	D	0.46%
	VRNS	B	0.46%
	BPMC	F	0.45%
	BMI	B	0.45%
	RHP	C	0.45%
	HLNE	B	0.44%
	CHX	F	0.44%
	EXLS	B	0.43%
	MOG.A	B	0.42%
	MMS	B	0.42%
	FSS	D	0.42%
	CBT	B	0.42%
	EXPO	B	0.41%
	IBP	C	0.4%
	AVAV	C	0.4%
	BECN	F	0.4%
	WTS	C	0.4%
	TMDX	C	0.4%
	CSWI	B	0.39%
	GTLS	F	0.38%
	ALTR	C	0.38%
	BCO	B	0.37%
	TENB	F	0.36%
	RMBS	F	0.36%
	QLYS	D	0.35%
	FELE	B	0.35%
	SIGI	D	0.35%
	FFIN	C	0.35%
	RNA	D	0.35%
	VRRM	D	0.34%
	RDNT	B	0.33%
	CRDO	D	0.33%
	ZWS	B	0.33%
	KNF	C	0.33%
	TDW	F	0.32%
	MDGL	F	0.32%
	ZETA	C	0.32%
	QTWO	C	0.32%
	HRI	C	0.31%
	CRNX	D	0.31%
	UFPI	C	0.31%
	KTB	B	0.31%
	RVMD	C	0.31%
	MGY	D	0.3%
	ADMA	C	0.29%
	WK	D	0.29%
	BOOT	B	0.29%
	ENS	C	0.28%
	DYN	D	0.28%
	MARA	D	0.28%
	SLAB	D	0.28%
	KAI	C	0.28%
	FTDR	B	0.28%
	SHAK	C	0.28%
	FORM	F	0.28%
	HAE	D	0.28%
	POWI	F	0.28%
	PI	B	0.28%
	WDFC	C	0.27%
	STRL	C	0.27%
	EVH	D	0.27%
	CVCO	B	0.26%
	BLKB	C	0.26%
	CWAN	C	0.26%
	IDCC	B	0.26%
	LRN	B	0.26%
	AXNX	B	0.26%
	CBZ	F	0.26%
	ACLS	F	0.26%
	OSCR	D	0.26%
	MWA	B	0.25%
	LANC	F	0.25%
	PRCT	C	0.25%
	TNET	F	0.25%
	NSP	F	0.25%
	FOLD	F	0.25%
	ATKR	F	0.25%
	IDYA	F	0.24%
	AXSM	C	0.24%
	SHOO	B	0.24%
	UPST	C	0.24%
	TGTX	C	0.24%
	ITGR	C	0.23%
	CCOI	C	0.23%
	ICFI	C	0.23%
	AROC	D	0.23%
	SGBX	F	0.23%
	GMS	C	0.23%
	IOVA	F	0.22%
	ACLX	C	0.22%
	AEO	D	0.22%
	GH	F	0.22%
	VC	F	0.21%
	SQSP	B	0.21%
	ACVA	C	0.21%
	PRIM	B	0.21%
	PATK	C	0.21%
	HIMS	D	0.21%
	ROAD	C	0.21%
	HGV	F	0.21%
	CRVL	B	0.21%
	ARWR	F	0.21%
	SWTX	F	0.21%
	ALRM	F	0.21%
	AMR	D	0.2%
	MGRC	D	0.2%
	YOU	B	0.2%
	NUVL	D	0.2%
	OII	D	0.2%
	PRGS	A	0.19%
	AGYS	D	0.19%
	VCEL	F	0.19%
	ARCB	D	0.19%
	CARG	C	0.19%
	BCC	C	0.19%
	RYTM	C	0.19%
	JJSF	B	0.19%
	OPCH	C	0.19%
	CPRX	C	0.18%
	CLSK	F	0.18%
	SKY	B	0.18%
	FRSH	F	0.18%
	CNK	C	0.18%
	PLMR	C	0.18%
	BBIO	F	0.18%
	VAL	F	0.18%
	HWKN	B	0.18%
	UFPT	D	0.18%
	TBBK	C	0.18%
	TWST	D	0.18%
	VCTR	B	0.17%
	MTRN	D	0.17%
	CNMD	D	0.17%
	KOS	F	0.17%
	YELP	D	0.17%
	OSIS	C	0.17%
	BDC	B	0.17%
	AUR	C	0.17%
	RPD	D	0.17%
	BRZE	F	0.17%
	IPAR	D	0.17%
	VERX	D	0.16%
	JOE	D	0.16%
	MQ	F	0.16%
	KYMR	C	0.16%
	BE	F	0.16%
	CSTM	D	0.16%
	CLDX	F	0.16%
	RKLB	C	0.16%
	FLYW	F	0.16%
	EVTC	D	0.16%
	IRTC	F	0.16%
	HURN	C	0.15%
	STNE	F	0.15%
	GSHD	C	0.15%
	PGNY	F	0.15%
	ACAD	F	0.15%
	JOBY	F	0.15%
	AZZ	C	0.15%
	PTCT	C	0.15%
	PRVA	F	0.15%
	UEC	D	0.15%
	ASTH	B	0.15%
	NVCR	F	0.15%
	LMAT	B	0.14%
	COMP	C	0.14%
	AMPH	D	0.14%
	ALG	D	0.14%
	GERN	D	0.14%
	RXST	D	0.14%
	AI	F	0.14%
	GOLF	F	0.14%
	SNDX	F	0.13%
	RAMP	F	0.13%
	MIRM	D	0.13%
	PAR	D	0.13%
	DNLI	C	0.13%
	PDFS	D	0.13%
	IMVT	F	0.13%
	BCRX	D	0.13%
	INTA	C	0.13%
	IESC	B	0.12%
	JBI	F	0.12%
	OTTR	F	0.12%
	POWL	B	0.12%
	SXI	C	0.12%
	PFSI	C	0.12%
	OSW	C	0.12%
	AGM	D	0.12%
	NSSC	F	0.12%
	BLBD	D	0.12%
	VECO	F	0.12%
	LAUR	C	0.12%
	MYRG	F	0.12%
	ARVN	F	0.12%
	ENVX	F	0.11%
	HEES	D	0.11%
	AESI	D	0.11%
	ARDX	D	0.11%
	PTON	C	0.11%
	ALKT	D	0.11%
	VERA	C	0.11%
	RXRX	F	0.11%
	KTOS	B	0.11%
	ESE	B	0.11%
	KURA	D	0.11%
	SPT	F	0.11%
	MGNI	D	0.11%
	LOB	C	0.1%
	WRBY	C	0.1%
	RRR	D	0.1%
	APPN	C	0.1%
	PHR	F	0.1%
	JANX	D	0.1%
	KROS	C	0.1%
	NVAX	D	0.1%
	EWTX	C	0.1%
	JAMF	D	0.1%
	OCUL	D	0.1%
	SOUN	D	0.1%
	TGLS	B	0.1%
	ARQT	D	0.09%
	AMRX	C	0.09%
	BKD	D	0.09%
	SAVA	D	0.09%
	LBPH	D	0.09%
	DVAX	D	0.09%
	AMBA	C	0.09%
	UPWK	D	0.09%
	PWSC	C	0.09%
	CMPR	F	0.09%
	KFRC	F	0.09%
	HROW	C	0.09%
	RCKT	F	0.09%
	COLL	C	0.09%
	INFN	B	0.09%
	AGL	F	0.09%
	SKT	B	0.09%
	MNKD	C	0.09%
	REVG	D	0.09%
	ROCK	D	0.08%
	ARRY	F	0.08%
	VITL	C	0.08%
	PLAY	D	0.08%
	MEG	F	0.08%
	NRIX	D	0.08%
	SILK	A	0.08%
	TRNS	D	0.08%
	OEC	F	0.08%
	SMMT	D	0.08%
	PAGS	F	0.08%
	XPEL	D	0.08%
	RDFN	D	0.08%
	COUR	D	0.08%
	ASAN	F	0.08%
	ARLO	D	0.08%
	FLNC	C	0.08%
	SPNS	D	0.08%
	DFIN	D	0.08%
	CRAI	C	0.08%
	ZUO	F	0.08%
	EOLS	C	0.07%
	RVLV	C	0.07%
	SM	F	0.07%
	OXM	F	0.07%
	ALHC	C	0.07%
	IMAX	D	0.07%
	COGT	C	0.07%
	PRO	F	0.07%
	ERII	C	0.07%
	SHLS	F	0.07%
	CWH	C	0.07%
	DFH	C	0.07%
	WULF	C	0.07%
	CDRE	C	0.07%
	EXPI	C	0.07%
	DNUT	F	0.07%
	ASGN	D	0.07%
	JACK	F	0.07%
	GPOR	C	0.07%
	PDFS	D	0.07%
	AGX	B	0.07%
	PNTG	C	0.07%
	TARS	D	0.07%
	MCRI	B	0.07%
	VZIO	B	0.07%
	MRVI	D	0.07%
	HLIO	C	0.07%
	ANAB	D	0.06%
	UTZ	C	0.06%
	ACHR	F	0.06%
	BASE	F	0.06%
	GSAT	F	0.06%
	HCI	C	0.06%
	KBH	C	0.06%
	IMNM	F	0.06%
	LMND	F	0.06%
	SANA	F	0.06%
	ATRC	D	0.06%
	UDMY	F	0.06%
	GRC	D	0.06%
	TNC	D	0.06%
	XMTR	D	0.06%
	ANIP	F	0.06%
	CECO	C	0.06%
	BLND	C	0.06%
	BBSI	C	0.06%
	DRVN	C	0.06%
	USLM	B	0.06%
	HCKT	C	0.05%
	ACEL	C	0.05%
	FSLY	D	0.05%
	CDMO	C	0.05%
	EVER	D	0.05%
	ACMR	D	0.05%
	PAX	F	0.05%
	AIV	C	0.05%
	SMR	C	0.05%
	SPRY	C	0.05%
	DAWN	D	0.05%
	PUBM	F	0.05%
	URBN	F	0.05%
	LMB	C	0.05%
	IBUY	A	0.05%
	CGEM	F	0.05%
	VRDN	B	0.05%
	LPG	F	0.05%
	GRBK	B	0.05%
	RVNC	D	0.05%
	ZIP	D	0.05%
	UTI	D	0.05%
	AMSC	C	0.05%
	VVI	C	0.05%
	ATEC	F	0.05%
	RSI	C	0.05%
	AUPH	C	0.05%
	ELVN	C	0.05%
	EU	D	0.04%
	FDMT	F	0.04%
	FLNG	D	0.04%
	ALX	B	0.04%
	SEMR	C	0.04%
	CASH	D	0.04%
	DJCO	C	0.04%
	NRDS	D	0.04%
	CASS	D	0.04%
	FWRG	F	0.04%
	ABUS	D	0.04%
	KALV	F	0.04%
	SGHC	C	0.04%
	STOK	D	0.04%
	CGON	C	0.04%
	PLOW	C	0.04%
	DBRG	D	0.04%
	YMAB	D	0.04%
	PTLO	C	0.04%
	HUMA	D	0.04%
	YEXT	C	0.04%
	TREE	C	0.04%
	NEXT	F	0.04%
	ARHS	F	0.04%
	ATGE	C	0.04%
	HLF	F	0.04%
	LQDA	F	0.04%
	SIBN	F	0.04%
	PRTA	F	0.04%
	OSPN	C	0.04%
	AXGN	C	0.04%
	EVRI	B	0.04%
	CCB	B	0.04%
	SRRK	F	0.04%
	NNBR	C	0.04%
	IMXI	D	0.04%
	FA	B	0.04%
	TPB	B	0.04%
	LPRO	C	0.04%
	IE	D	0.04%
	REAX	D	0.04%
	CYTK	F	0.04%
	GDYN	C	0.04%
	CDNA	C	0.03%
	METC	F	0.03%
	IGT	D	0.03%
	PLSE	D	0.03%
	CSV	C	0.03%
	PPTA	C	0.03%
	LFST	C	0.03%
	NRC	D	0.03%
	CELC	F	0.03%
	DSGR	B	0.03%
	GTHX	A	0.03%
	SRDX	D	0.03%
	LWLG	D	0.03%
	DK	F	0.03%
	TSHA	F	0.03%
	SKWD	B	0.03%
	PX	C	0.03%
	BYND	D	0.03%
	DHIL	C	0.03%
	ASPN	C	0.03%
	APLT	C	0.03%
	URGN	F	0.03%
	CYH	C	0.03%
	MLNK	D	0.03%
	ESQ	B	0.03%
	IRMD	B	0.03%
	BAND	D	0.03%
	WVE	C	0.03%
	CTLP	D	0.03%
	MDXG	F	0.03%
	WRLD	D	0.03%
	FNA	F	0.03%
	KRUS	D	0.03%
	GCMG	B	0.03%
	XERS	C	0.03%
	ATEX	C	0.03%
	LEU	B	0.03%
	TTI	F	0.03%
	ENFN	C	0.03%
	NVEC	D	0.03%
	CHPT	F	0.03%
	CIFR	D	0.03%
	CERS	F	0.03%
	DMRC	F	0.03%
	CBL	D	0.03%
	BIGC	F	0.03%
	IDT	C	0.03%
	AEHR	F	0.03%
	JELD	D	0.03%
	CRGY	D	0.03%
	PRMW	C	0.03%
	ALEC	F	0.03%
	ARCT	D	0.03%
	BBW	C	0.03%
	MITK	F	0.03%
	AMK	B	0.03%
	IBTA	C	0.03%
	MNMD	F	0.03%
	HY	F	0.03%
	MAX	C	0.03%
	WEAV	C	0.03%
	AGS	D	0.03%
	GIC	D	0.03%
	FC	C	0.03%
	TYRA	C	0.03%
	LQDT	C	0.03%
	INOD	D	0.03%
	BMEA	D	0.02%
	SERA	D	0.02%
	VSEC	D	0.02%
	EYPT	F	0.02%
	AVAH	D	0.02%
	RICK	F	0.02%
	BRCC	F	0.02%
	INDI	F	0.02%
	EWCZ	F	0.02%
	CRCT	C	0.02%
	PBPB	D	0.02%
	EGHT	F	0.02%
	FULC	F	0.02%
	WTI	F	0.02%
	TRAK	D	0.02%
	EB	F	0.02%
	SYNA	D	0.02%
	NOG	F	0.02%
	SGHT	D	0.02%
	GCBC	D	0.02%
	RCEL	D	0.02%
	DENN	D	0.02%
	PRME	F	0.02%
	NTST	D	0.02%
	BLZE	D	0.02%
	SKYT	D	0.02%
	CSTL	D	0.02%
	LIND	D	0.02%
	APLD	C	0.02%
	DOMO	F	0.02%
	ABSI	F	0.02%
	ALT	F	0.02%
	OLO	F	0.02%
	RIOT	F	0.02%
	LUNG	D	0.02%
	FBP	C	0.02%
	SFL	D	0.02%
	MIR	C	0.02%
	ITI	A	0.02%
	INST	D	0.02%
	GRND	C	0.02%
	LAZR	F	0.02%
	NIC	D	0.02%
	TMCI	F	0.02%
	SIGA	F	0.02%
	HLX	D	0.02%
	XPOF	F	0.02%
	MNTK	D	0.02%
	AKRO	D	0.02%
	LYTS	C	0.02%
	CRMD	C	0.02%
	RDVT	C	0.02%
	TH	F	0.02%
	BWMN	F	0.02%
	SRCL	B	0.02%
	PRG	C	0.02%
	GHM	D	0.02%
	AMRC	B	0.02%
	NNOX	F	0.02%
	SVRA	D	0.02%
	OCGN	F	0.02%
	LRMR	F	0.02%
	CYRX	F	0.02%
	EVI	D	0.01%
	HOV	D	0.01%
	CTGO	D	0.01%
	CCO	D	0.01%
	FOR	D	0.01%
	DCGO	F	0.01%
	AKYA	D	0.01%
	VTSI	F	0.01%
	ANIK	F	0.01%
	YORW	D	0.01%
	ODC	D	0.01%
	NRDY	F	0.01%
	SCWO	D	0.01%
	DAKT	D	0.01%
	ALXO	F	0.01%
	MLYS	D	0.01%
	EP	D	0.01%
	REKR	F	0.01%
	VERU	F	0.01%
	CURV	F	0.01%
	BLNK	F	0.01%
	STKS	F	0.01%
	OMER	D	0.01%
	INMB	F	0.01%
	MAPS	F	0.01%
	ZURA	C	0.01%
	GLSI	D	0.01%
	RCKY	C	0.01%
	LWAY	C	0.01%
	QUAD	F	0.01%
	GCO	F	0.01%
	MRAM	D	0.01%
	DC	D	0.01%
	AQST	D	0.01%
	ACHV	D	0.01%
	IRON	C	0.01%
	GOOD	B	0.01%
	MRSN	D	0.01%
	ESPR	F	0.01%
	STTK	D	0.01%
	UVE	C	0.01%
	PLUG	F	0.01%
	GNE	F	0.01%
	IAS	D	0.01%
	CAPR	C	0.01%
	CWCO	F	0.01%
	ULH	D	0.01%
	LAW	D	0.01%
	NTIC	F	0.01%
	PFIS	C	0.01%
	KFS	D	0.01%
	ALIM	C	0.01%
	FFWM	F	0.01%
	MVIS	D	0.01%
	DESP	C	0.01%
	ACCD	F	0.01%
	MGTX	F	0.01%
	THR	F	0.01%
	PRTH	C	0.01%
	NPCE	F	0.01%
	PKE	D	0.01%
	PRCH	D	0.01%
	LFMD	F	0.01%
	TRVI	C	0.01%
	STGW	C	0.01%
	AVXL	D	0.01%
	QUIK	F	0.01%
	TIPT	C	0.01%
	STXS	D	0.01%
	INBK	D	0.01%
	XFOR	F	0.01%
	PSTL	C	0.01%
	ACIC	D	0.01%
	ZYXI	F	0.01%
	BBAI	D	0.01%
	PHAT	C	0.01%
	OLMA	F	0.01%
	PETQ	B	0.01%
	ADCT	D	0.01%
	JYNT	F	0.01%
	SSTI	F	0.01%
	SMLR	F	0.01%
	FHTX	C	0.01%
	INFU	D	0.01%
	SPNT	D	0.01%
	CVRX	F	0.01%
	PEPG	F	0.01%
	LCTX	D	0.01%
	KLTR	D	0.01%
	SKIN	F	0.01%
	CADL	D	0.01%
	TAYD	D	0.01%
	BVS	C	0.01%
	JILL	F	0.01%
	CTOS	F	0.01%
	PESI	C	0.01%
	TSQ	F	0.01%
	SKYH	D	0.01%
	PCT	C	0.01%
	IGMS	C	0.01%
	OPRX	F	0.01%
	BRY	F	0.01%
	CDZI	D	0.01%
	SCPH	D	0.01%
	EGAN	F	0.01%
	ORIC	C	0.01%
	SMTI	F	0.01%
	XOMA	D	0.01%
	GWRS	C	0.01%
	MDWD	D	0.01%
	REX	D	0.01%
	QRHC	D	0.01%
	ULCC	D	0.01%
	HNST	D	0.01%
	BDTX	F	0.01%
	SMID	D	0.01%
	PAYS	F	0.01%
	CDLX	F	0.01%
	GRPN	F	0.01%
	HEAR	C	0.01%
	MODV	F	0.01%
	BTMD	F	0.01%
	KNTK	C	0.01%
	EAF	D	0.01%
	LIVN	D	0.01%
	LNZA	F	0.01%
	EVCM	D	0.01%
	OFLX	D	0.01%
	INMD	D	0.01%
	NEO	F	0.01%
	CDXC	C	0.01%
	AEYE	C	0.01%
	DSP	C	0.01%
	TCX	D	0.01%
	PFMT	C	0.01%
	KRT	F	0.01%
	CALM	B	0.01%
	GAMB	D	0.01%
	LOVE	C	0.01%
	CMPO	B	0.01%
	ALTG	F	0.01%
	REAL	C	0.01%
	MGNX	F	0.01%
	UMH	C	0.01%
	MLP	D	0.01%
	LBRT	F	0.01%
	TDOC	D	0.01%
	NATH	B	0.01%
	ARAY	F	0.01%
	INSE	D	0.01%
	BYRN	C	0.01%
	LLAP	F	0.0%
	QRTEB	D	0.0%
	GRWG	F	0.0%
	MASS	F	0.0%
	RSVR	C	0.0%
	BSVN	D	0.0%
	LYRA	F	0.0%
	ATLC	C	0.0%
	LUNR	C	0.0%
	PTSI	D	0.0%
	QIPT	F	0.0%
	TDUP	F	0.0%
	PGEN	F	0.0%
	HLVX	F	0.0%
	AMPX	F	0.0%
	ULBI	F	0.0%
	RMNI	F	0.0%
	VGAS	D	0.0%
	VIRC	D	0.0%
	SES	F	0.0%
	MEC	B	0.0%
	HOWL	F	0.0%
	CZFS	C	0.0%
	PLPC	C	0.0%
	BOC	C	0.0%
	FBIZ	B	0.0%
	RENB	F	0.0%
	EVC	D	0.0%
	ORGO	D	0.0%
	HRTX	F	0.0%
	CTV	D	0.0%
	APEI	D	0.0%
	TERN	D	0.0%
	CDXS	D	0.0%
	AVTE	D	0.0%
	ELEV	F	0.0%
	ANET	C	0.0%
	LSEA	D	0.0%
	CIX	C	0.0%
	RGLS	F	0.0%
	DIBS	D	0.0%
	CLBK	D	0.0%
	FENC	F	0.0%
	SGC	D	0.0%
	SST	F	0.0%
	SHYF	D	0.0%
	ALDX	D	0.0%
	ATOS	C	0.0%
	AKBA	F	0.0%
	HBIO	F	0.0%
	IIIV	F	0.0%
	LASR	F	0.0%
	VALU	C	0.0%
	RM	B	0.0%
	DLHC	F	0.0%
	GALT	D	0.0%
	METCB	F	0.0%
	CRDF	D	0.0%
	MITT	B	0.0%
	ORN	F	0.0%
	OOMA	C	0.0%
	PBYI	F	0.0%
	NATR	F	0.0%
	HCAT	D	0.0%
	MPX	D	0.0%
	INNV	D	0.0%
	FUBO	F	0.0%
	CHRS	F	0.0%
	MLR	D	0.0%
	TNYA	F	0.0%
	RDW	C	0.0%
	CMRE	C	0.0%
	PLL	F	0.0%
	USCB	C	0.0%
	MYFW	C	0.0%
	ITIC	C	0.0%
	FIGS	C	0.0%
	EPM	D	0.0%
	VRCA	F	0.0%
	MCBS	C	0.0%
	OABI	F	0.0%
	AOMR	F	0.0%
	FG	C	0.0%
	QBTS	D	0.0%
	REPX	D	0.0%
	CLPR	C	0.0%
	EVEX	D	0.0%
	NGS	D	0.0%
	FLWS	F	0.0%
	ARKO	C	0.0%
	HDSN	D	0.0%
	GMGI	D	0.0%
	AIRS	D	0.0%
	CABA	F	0.0%
	SWBI	F	0.0%
	PTVE	D	0.0%
	PSTX	D	0.0%
	SHBI	C	0.0%
	OPEN	F	0.0%
	AVO	C	0.0%
	ATNM	F	0.0%
	BMBL	F	0.0%
	TTSH	D	0.0%
	BOOM	D	0.0%
	NGVC	C	0.0%
	HQI	C	0.0%
	QTRX	F	0.0%
	EGY	D	0.0%
	OVID	D	0.0%
	OBIO	F	0.0%
	NWPX	B	0.0%
	LXRX	F	0.0%

VTWG Underweight 266 Positions Relative to VIOV

	Symbol	Grade	Weight
	CMA	C	-1.15%
	RHI	D	-0.99%
	JXN	B	-0.93%
	VFC	B	-0.91%
	OGN	D	-0.87%
	LNC	C	-0.83%
	LUMN	C	-0.81%
	ALK	B	-0.7%
	RUN	D	-0.69%
	SLG	C	-0.66%
	ABCB	C	-0.61%
	SANM	D	-0.58%
	AL	C	-0.57%
	HASI	C	-0.56%
	DXC	D	-0.56%
	ABM	D	-0.55%
	UCBI	B	-0.55%
	AUB	D	-0.54%
	FULT	D	-0.53%
	HIW	C	-0.52%
	MAC	B	-0.52%
	ICUI	C	-0.51%
	BXMT	C	-0.49%
	CBU	D	-0.49%
	FHB	D	-0.47%
	AVA	B	-0.46%
	LXP	C	-0.46%
	SEE	C	-0.46%
	GNW	C	-0.46%
	REZI	D	-0.45%
	BKU	D	-0.44%
	HUBG	C	-0.44%
	CWEN	A	-0.42%
	PENN	D	-0.42%
	DEI	B	-0.41%
	EPRT	B	-0.41%
	SFNC	C	-0.41%
	INDB	D	-0.41%
	AAP	F	-0.41%
	MPW	C	-0.41%
	NWL	C	-0.41%
	VIRT	C	-0.41%
	FL	F	-0.39%
	CWK	B	-0.39%
	ABR	B	-0.39%
	WAFD	D	-0.38%
	PPBI	D	-0.38%
	PFS	C	-0.38%
	ABG	D	-0.38%
	FFBC	D	-0.38%
	CVBF	D	-0.37%
	RDN	D	-0.37%
	GTES	C	-0.37%
	SBCF	D	-0.35%
	NBTB	D	-0.35%
	AKR	B	-0.35%
	ENVA	C	-0.35%
	VSTO	C	-0.35%
	IAC	C	-0.34%
	SATS	C	-0.34%
	KSS	D	-0.33%
	RNST	D	-0.33%
	PHIN	C	-0.33%
	IBTX	C	-0.32%
	MLKN	F	-0.32%
	PINC	D	-0.32%
	B	C	-0.31%
	KMT	B	-0.31%
	STC	C	-0.31%
	TRMK	D	-0.31%
	OMCL	C	-0.31%
	BANR	C	-0.31%
	FTRE	F	-0.31%
	ROIC	C	-0.3%
	THS	C	-0.3%
	BANC	C	-0.3%
	OI	D	-0.3%
	MRCY	C	-0.3%
	TTMI	D	-0.3%
	EPC	F	-0.3%
	HAYW	C	-0.29%
	GO	F	-0.29%
	VIAV	C	-0.29%
	PBH	C	-0.29%
	ACA	B	-0.28%
	GEO	F	-0.28%
	KAR	D	-0.28%
	FBNC	C	-0.27%
	NWBI	D	-0.27%
	LGND	D	-0.27%
	RUSHA	C	-0.27%
	TALO	F	-0.27%
	WSFS	D	-0.27%
	GNL	D	-0.26%
	UNF	B	-0.26%
	CATY	C	-0.26%
	FBK	C	-0.26%
	LEG	D	-0.26%
	JBLU	C	-0.26%
	AGO	D	-0.25%
	NBHC	D	-0.25%
	BOH	D	-0.24%
	IIPR	B	-0.24%
	BGC	D	-0.24%
	KFY	C	-0.24%
	PEB	D	-0.24%
	CABO	F	-0.24%
	PRK	D	-0.23%
	GBX	D	-0.23%
	HTH	D	-0.23%
	NWN	B	-0.23%
	BHE	C	-0.23%
	CXW	F	-0.23%
	NTCT	C	-0.23%
	HOPE	D	-0.23%
	MODG	F	-0.22%
	SKYW	C	-0.22%
	ALEX	C	-0.22%
	CPK	B	-0.22%
	JBGS	C	-0.22%
	DAN	D	-0.22%
	HMN	C	-0.22%
	FCPT	C	-0.22%
	HP	F	-0.22%
	DEA	D	-0.21%
	BTU	C	-0.21%
	NAVI	D	-0.21%
	VBTX	C	-0.21%
	DNOW	F	-0.21%
	IART	F	-0.21%
	RC	F	-0.2%
	XRX	D	-0.2%
	KW	C	-0.2%
	MYGN	D	-0.2%
	SAFT	D	-0.2%
	AAT	C	-0.2%
	UVV	D	-0.2%
	SBH	B	-0.2%
	PMT	C	-0.19%
	MTX	D	-0.19%
	STRA	F	-0.19%
	SCSC	D	-0.19%
	PTEN	F	-0.19%
	BRC	B	-0.18%
	TDS	B	-0.18%
	VSAT	F	-0.18%
	ECPG	D	-0.18%
	EIG	C	-0.18%
	AVNS	C	-0.17%
	CSR	D	-0.17%
	MATV	D	-0.16%
	UE	C	-0.16%
	FOXF	F	-0.16%
	GIII	D	-0.16%
	TGI	F	-0.16%
	DGII	D	-0.16%
	NXRT	D	-0.16%
	NVRI	D	-0.15%
	VTOL	D	-0.15%
	AOSL	D	-0.15%
	KN	D	-0.15%
	FDP	C	-0.15%
	NHC	D	-0.15%
	ODP	F	-0.15%
	SJW	F	-0.15%
	SNDR	B	-0.15%
	FWRD	D	-0.15%
	MD	C	-0.14%
	UNFI	B	-0.14%
	BDN	C	-0.14%
	DLX	F	-0.14%
	BRKL	C	-0.14%
	LTC	C	-0.14%
	DCOM	C	-0.14%
	GPRE	F	-0.14%
	PRAA	F	-0.14%
	FCF	D	-0.14%
	CNXN	B	-0.13%
	SEDG	F	-0.13%
	VSTS	D	-0.13%
	WNC	F	-0.13%
	GTY	C	-0.13%
	SPTN	C	-0.12%
	ARCH	D	-0.12%
	WGO	D	-0.12%
	TMP	D	-0.12%
	ASTE	F	-0.12%
	STBA	D	-0.12%
	SVC	F	-0.12%
	HSII	C	-0.12%
	HFWA	D	-0.12%
	ASIX	B	-0.12%
	LZB	C	-0.12%
	HCSG	D	-0.12%
	MNRO	C	-0.12%
	SCHL	D	-0.12%
	HAIN	C	-0.11%
	VIR	F	-0.11%
	SCVL	C	-0.11%
	CFFN	D	-0.11%
	CPF	C	-0.11%
	COHU	F	-0.11%
	SXC	F	-0.11%
	AXL	F	-0.11%
	EZPW	D	-0.1%
	SGH	D	-0.1%
	HZO	C	-0.1%
	PRDO	D	-0.1%
	HPP	F	-0.1%
	PUMP	F	-0.1%
	EGBN	D	-0.1%
	TRST	D	-0.1%
	BGS	D	-0.1%
	KELYA	D	-0.1%
	PRA	C	-0.1%
	MMI	C	-0.09%
	ROG	D	-0.09%
	XHR	B	-0.09%
	BHLB	C	-0.09%
	HAFC	D	-0.09%
	SBSI	D	-0.09%
	SMP	D	-0.09%
	ALGT	D	-0.09%
	CRK	C	-0.08%
	UNIT	C	-0.08%
	VREX	F	-0.08%
	GDOT	D	-0.08%
	ARI	F	-0.08%
	UTL	C	-0.08%
	WABC	D	-0.08%
	CTKB	F	-0.08%
	CWEN	A	-0.08%
	CERT	F	-0.08%
	CLW	F	-0.08%
	UFCS	D	-0.07%
	NUS	F	-0.07%
	USNA	F	-0.07%
	FLGT	F	-0.07%
	CCRN	F	-0.07%
	HVT	F	-0.06%
	SWI	B	-0.06%
	MOV	F	-0.06%
	NX	F	-0.06%
	KOP	F	-0.06%
	HTZ	F	-0.06%
	ETH	D	-0.06%
	TWI	D	-0.06%
	CMP	D	-0.05%
	AMCX	F	-0.05%
	RGNX	F	-0.05%
	WSR	D	-0.05%
	HAYN	D	-0.05%
	WS	D	-0.05%
	CNSL	A	-0.05%
	INN	B	-0.05%
	MERC	D	-0.04%
	PRLB	F	-0.04%
	MTUS	F	-0.04%
	GDEN	D	-0.04%
	CHUY	C	-0.04%
	MATW	F	-0.04%
	DDD	D	-0.04%
	DBI	F	-0.04%
	ZEUS	F	-0.03%
	TR	C	-0.03%
	NPK	D	-0.03%

VTWG: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Medical Devices Software - Infrastructure Diversified Industrials Banks - Regional - US Business Services Restaurants Drug Manufacturers - Specialty & Generic Medical Instruments & Supplies Aerospace & Defense Specialty Chemicals Asset Management Diagnostics & Research Engineering & Construction Oil & Gas E&P Packaged Foods Electronic Components Building Materials Information Technology Services

Keywords: Medicine Biopharmaceutical Biotechnology Cancer Clinical Medicine Computing Life Sciences Bank Banking Construction Disease Pharmaceutical Telecommunications Biology Chemical Insurance Semiconductor Aerospace Electronics Organ Systems

VIOV: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Asset Management Packaged Foods REIT - Retail Specialty Chemicals Communication Equipment Restaurants Auto Parts Insurance - Property & Casualty Specialty Retail Diversified Industrials Electronic Components Information Technology Services REIT - Healthcare Facilities REIT - Office Semiconductors Software - Infrastructure Airlines

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Real Estate Loans Computing Commercial Bank Medicine Chemical Investment Management Mortgage Loan Commercial Banking Transport Clothing Insurance Aerospace Semiconductor Loan Mining Retail Store