VTWG vs. VUSE ETF Comparison

Comparison of Vanguard Russell 2000 Growth ETF (VTWG) to Vident Core US Equity ETF (VUSE)

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 2000Â® 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

$206.39

Average Daily Volume

42,980

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$57.54

Average Daily Volume

15,667

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	VTWG	VUSE
30 Days	4.54%	5.53%
60 Days	10.48%	11.10%
90 Days	8.59%	5.12%
12 Months	30.95%	25.32%

22 Overlapping Holdings

Symbol	Grade	Weight in VTWG	Weight in VUSE	Overlap
ACLS	F	0.26%	0.4%	0.26%
AMR	F	0.2%	0.64%	0.2%
ANET	A	0.0%	0.42%	0.0%
BMI	A	0.45%	0.24%	0.24%
BOX	C	0.34%	0.55%	0.34%
CASH	C	0.04%	0.41%	0.04%
CORT	B	0.21%	0.64%	0.21%
CVLT	B	0.47%	0.61%	0.47%
DBRG	D	0.04%	0.53%	0.04%
DFIN	B	0.08%	0.48%	0.08%
EPAC	A	0.17%	0.55%	0.17%
IDCC	A	0.26%	0.64%	0.26%
IESC	A	0.12%	0.58%	0.12%
NSSC	F	0.12%	0.3%	0.12%
OTTR	F	0.12%	0.35%	0.12%
PIPR	A	0.35%	0.63%	0.35%
PLAB	D	0.04%	0.5%	0.04%
PLMR	A	0.18%	0.49%	0.18%
POWL	B	0.12%	0.7%	0.12%
QLYS	F	0.35%	0.43%	0.35%
RMBS	F	0.36%	0.39%	0.36%
YELP	D	0.17%	0.49%	0.17%

VTWG Overweight 954 Positions Relative to VUSE

Symbol	Grade	Weight
INSM	D	0.88%
SFM	A	0.78%
FN	B	0.66%
PCVX	C	0.65%
ENSG	D	0.62%
AIT	B	0.59%
HALO	D	0.59%
FLR	B	0.58%
MLI	B	0.56%
ANF	D	0.55%
SPSC	D	0.55%
LNTH	C	0.54%
CRS	B	0.51%
HQY	B	0.5%
GKOS	B	0.49%
NOVT	C	0.49%
MOD	B	0.47%
CWST	D	0.46%
VRNS	B	0.46%
BPMC	F	0.45%
NSIT	B	0.45%
RHP	B	0.45%
HLNE	A	0.44%
CHX	C	0.44%
BCPC	C	0.43%
EXLS	B	0.43%
MOG.A	C	0.42%
MMS	C	0.42%
FSS	D	0.42%
CBT	B	0.42%
EXPO	A	0.41%
MMSI	C	0.41%
IBP	C	0.4%
AVAV	B	0.4%
BECN	D	0.4%
WTS	C	0.4%
TMDX	D	0.4%
CSWI	A	0.39%
ACIW	A	0.39%
GTLS	D	0.38%
ALTR	B	0.38%
BCO	C	0.37%
DY	C	0.37%
ALKS	B	0.36%
KRYS	D	0.36%
TENB	D	0.36%
FELE	C	0.35%
SIGI	D	0.35%
MC	B	0.35%
FFIN	D	0.35%
RNA	B	0.35%
VRRM	D	0.34%
RDNT	C	0.33%
CRDO	B	0.33%
ZWS	A	0.33%
KNF	B	0.33%
ITRI	C	0.32%
TDW	F	0.32%
MDGL	F	0.32%
ZETA	B	0.32%
QTWO	B	0.32%
HRI	B	0.31%
CRNX	C	0.31%
UFPI	C	0.31%
KTB	C	0.31%
RVMD	B	0.31%
MGY	B	0.3%
WHD	A	0.29%
ADMA	A	0.29%
WK	D	0.29%
AEIS	B	0.29%
BOOT	B	0.29%
ENS	B	0.28%
DYN	D	0.28%
MARA	F	0.28%
SLAB	D	0.28%
KAI	C	0.28%
FTDR	B	0.28%
SHAK	A	0.28%
FORM	D	0.28%
HAE	F	0.28%
POWI	F	0.28%
PI	A	0.28%
WDFC	B	0.27%
STRL	B	0.27%
EVH	D	0.27%
CVCO	C	0.26%
BLKB	C	0.26%
CWAN	B	0.26%
LRN	D	0.26%
AXNX	A	0.26%
CBZ	F	0.26%
OSCR	C	0.26%
RXO	D	0.25%
MWA	A	0.25%
LANC	F	0.25%
PRCT	D	0.25%
TNET	D	0.25%
NSP	F	0.25%
FOLD	F	0.25%
ATKR	F	0.25%
ENV	C	0.24%
IDYA	F	0.24%
AXSM	D	0.24%
SHOO	A	0.24%
UPST	C	0.24%
TGTX	D	0.24%
ITGR	B	0.23%
CCOI	B	0.23%
ICFI	C	0.23%
SXT	C	0.23%
AROC	B	0.23%
SGBX	F	0.23%
GMS	B	0.23%
PJT	A	0.22%
LCII	C	0.22%
STEP	A	0.22%
IOVA	D	0.22%
ACLX	C	0.22%
AEO	C	0.22%
DORM	C	0.22%
GH	F	0.22%
VC	F	0.21%
SQSP	A	0.21%
ACVA	C	0.21%
PRIM	A	0.21%
PATK	A	0.21%
HIMS	C	0.21%
TNDM	D	0.21%
ROAD	C	0.21%
EAT	A	0.21%
SMTC	C	0.21%
HGV	F	0.21%
CRVL	C	0.21%
ARWR	F	0.21%
BL	D	0.21%
SWTX	F	0.21%
ALRM	F	0.21%
SMPL	D	0.21%
SEM	D	0.2%
MGRC	D	0.2%
SITM	A	0.2%
YOU	C	0.2%
NUVL	B	0.2%
GVA	A	0.2%
OII	D	0.2%
PRGS	A	0.19%
WD	C	0.19%
AGYS	D	0.19%
VCEL	F	0.19%
ARCB	F	0.19%
PTGX	C	0.19%
CARG	C	0.19%
GFF	C	0.19%
BCC	C	0.19%
RYTM	C	0.19%
JJSF	C	0.19%
PRFT	A	0.19%
OPCH	F	0.19%
APAM	B	0.19%
CPRX	C	0.18%
KWR	F	0.18%
CLSK	F	0.18%
SKY	C	0.18%
FRSH	F	0.18%
CNK	D	0.18%
KLIC	D	0.18%
BBIO	F	0.18%
VAL	F	0.18%
HWKN	B	0.18%
IOSP	F	0.18%
DOCN	B	0.18%
CNS	C	0.18%
TRN	C	0.18%
UFPT	D	0.18%
TBBK	A	0.18%
TWST	D	0.18%
HBI	B	0.17%
VCTR	A	0.17%
MTRN	F	0.17%
CNMD	F	0.17%
KOS	F	0.17%
OSIS	C	0.17%
NARI	F	0.17%
BDC	A	0.17%
ENR	B	0.17%
AUR	C	0.17%
RPD	D	0.17%
BRZE	F	0.17%
IPAR	D	0.17%
VERX	B	0.16%
JOE	D	0.16%
MQ	F	0.16%
KYMR	D	0.16%
BE	F	0.16%
CSTM	F	0.16%
CLDX	F	0.16%
RKLB	B	0.16%
FLYW	F	0.16%
COOP	B	0.16%
EVTC	D	0.16%
IRTC	F	0.16%
HURN	D	0.15%
STNE	F	0.15%
GSHD	B	0.15%
PGNY	F	0.15%
ACAD	F	0.15%
JOBY	C	0.15%
AMN	F	0.15%
AZZ	B	0.15%
PTCT	C	0.15%
PRVA	F	0.15%
UEC	C	0.15%
ASTH	B	0.15%
NATL	D	0.15%
NVCR	F	0.15%
LMAT	A	0.14%
COMP	C	0.14%
AMPH	C	0.14%
CAKE	A	0.14%
ALG	F	0.14%
GERN	D	0.14%
RXST	F	0.14%
AI	D	0.14%
GOLF	F	0.14%
SNDX	F	0.13%
RAMP	F	0.13%
MIRM	D	0.13%
TFIN	F	0.13%
PLUS	B	0.13%
AWR	B	0.13%
PAR	D	0.13%
DNLI	C	0.13%
PD	F	0.13%
VYX	C	0.13%
UPBD	F	0.13%
IMVT	D	0.13%
BCRX	D	0.13%
INTA	C	0.13%
JBI	F	0.12%
SXI	B	0.12%
THRM	F	0.12%
PFSI	C	0.12%
OSW	B	0.12%
HLIT	D	0.12%
AGM	D	0.12%
PAYO	A	0.12%
CALX	C	0.12%
STAA	D	0.12%
BLBD	D	0.12%
VECO	F	0.12%
UCTT	D	0.12%
LAUR	C	0.12%
MYRG	D	0.12%
ARVN	F	0.12%
WT	D	0.11%
ENVX	D	0.11%
PSMT	A	0.11%
HEES	D	0.11%
AESI	B	0.11%
ARDX	D	0.11%
CSGS	B	0.11%
NGVT	D	0.11%
PTON	C	0.11%
ALKT	D	0.11%
VERA	C	0.11%
CHEF	C	0.11%
RXRX	F	0.11%
TRUP	B	0.11%
KTOS	B	0.11%
ESE	C	0.11%
KURA	F	0.11%
SPT	F	0.11%
MGNI	D	0.11%
USPH	F	0.1%
WOR	F	0.1%
BKE	B	0.1%
LOB	B	0.1%
WRBY	B	0.1%
RRR	D	0.1%
APPN	C	0.1%
PHR	F	0.1%
JANX	C	0.1%
FUL	F	0.1%
KROS	C	0.1%
MGEE	C	0.1%
NVAX	C	0.1%
SONO	F	0.1%
EWTX	B	0.1%
JAMF	F	0.1%
OCUL	B	0.1%
SOUN	F	0.1%
TGLS	B	0.1%
ARQT	D	0.09%
AMRX	B	0.09%
SFBS	B	0.09%
CTS	B	0.09%
BKD	F	0.09%
SAVA	D	0.09%
LBPH	D	0.09%
SDGR	F	0.09%
DVAX	F	0.09%
VRTS	D	0.09%
AMBA	C	0.09%
UPWK	D	0.09%
PWSC	C	0.09%
HNI	B	0.09%
CMPR	F	0.09%
TPH	C	0.09%
KFRC	F	0.09%
HROW	B	0.09%
RCKT	F	0.09%
COLL	A	0.09%
INFN	C	0.09%
AGL	F	0.09%
MGPI	F	0.09%
SKT	A	0.09%
MNKD	B	0.09%
REVG	D	0.09%
ROCK	D	0.08%
ARRY	F	0.08%
VITL	C	0.08%
PLAY	D	0.08%
PLXS	A	0.08%
ASO	D	0.08%
MEG	F	0.08%
NRIX	D	0.08%
EXTR	D	0.08%
FIZZ	F	0.08%
SILK	A	0.08%
TRNS	D	0.08%
OEC	F	0.08%
SMMT	D	0.08%
HRMY	D	0.08%
WWW	B	0.08%
PAGS	F	0.08%
XPEL	D	0.08%
RDFN	C	0.08%
COUR	F	0.08%
ASAN	F	0.08%
ARLO	F	0.08%
FLNC	C	0.08%
KALU	D	0.08%
SPNS	B	0.08%
CRAI	B	0.08%
KLG	F	0.08%
MXL	D	0.08%
ZUO	F	0.08%
PZZA	D	0.08%
EOLS	C	0.07%
RVLV	C	0.07%
SM	D	0.07%
OXM	F	0.07%
ALHC	C	0.07%
IMAX	D	0.07%
WLY	A	0.07%
COGT	B	0.07%
CLB	D	0.07%
NABL	F	0.07%
PRO	F	0.07%
ERII	C	0.07%
CXM	F	0.07%
SHLS	F	0.07%
CWH	C	0.07%
RCUS	D	0.07%
DFH	C	0.07%
WULF	C	0.07%
CDRE	A	0.07%
EXPI	C	0.07%
DNUT	F	0.07%
ASGN	D	0.07%
JACK	F	0.07%
GPOR	B	0.07%
ATEN	B	0.07%
PDFS	F	0.07%
AGX	A	0.07%
OUT	C	0.07%
PNTG	C	0.07%
TARS	C	0.07%
MCRI	B	0.07%
VZIO	A	0.07%
MRVI	F	0.07%
HLIO	B	0.07%
QNST	C	0.07%
ANAB	D	0.06%
UTZ	D	0.06%
ACHR	F	0.06%
CENX	C	0.06%
BASE	F	0.06%
GSAT	F	0.06%
CVI	D	0.06%
HI	F	0.06%
HCI	B	0.06%
KBH	D	0.06%
IMNM	F	0.06%
LMND	F	0.06%
SANA	F	0.06%
ATRC	C	0.06%
UDMY	F	0.06%
GRC	B	0.06%
AORT	B	0.06%
BLFS	D	0.06%
TNC	F	0.06%
XMTR	F	0.06%
ADUS	D	0.06%
ANIP	F	0.06%
CWT	D	0.06%
CECO	D	0.06%
BLND	C	0.06%
JBSS	F	0.06%
BBSI	B	0.06%
DRVN	C	0.06%
USLM	C	0.06%
HCKT	D	0.05%
ACEL	C	0.05%
FSLY	D	0.05%
CDMO	D	0.05%
EVER	D	0.05%
ACMR	D	0.05%
PAX	F	0.05%
AIV	D	0.05%
SMR	C	0.05%
SPRY	C	0.05%
DAWN	D	0.05%
PUBM	F	0.05%
URBN	F	0.05%
LMB	B	0.05%
IBUY	A	0.05%
PECO	C	0.05%
CGEM	F	0.05%
BSIG	D	0.05%
VRDN	B	0.05%
LPG	F	0.05%
LNN	C	0.05%
GRBK	C	0.05%
RVNC	F	0.05%
ZIP	D	0.05%
TTGT	F	0.05%
UTI	F	0.05%
AMSC	C	0.05%
VVI	B	0.05%
SSTK	F	0.05%
ATEC	F	0.05%
RSI	B	0.05%
AUPH	C	0.05%
AIN	F	0.05%
ELVN	A	0.05%
BLMN	F	0.05%
CEVA	B	0.04%
EU	C	0.04%
VICR	C	0.04%
XNCR	D	0.04%
UHT	D	0.04%
FDMT	F	0.04%
FLNG	B	0.04%
AHCO	D	0.04%
ALX	D	0.04%
SEMR	C	0.04%
DJCO	C	0.04%
NRDS	D	0.04%
CASS	F	0.04%
FWRG	F	0.04%
ABUS	D	0.04%
KALV	F	0.04%
SGHC	A	0.04%
STOK	D	0.04%
CGON	C	0.04%
PLOW	D	0.04%
YMAB	C	0.04%
MCW	F	0.04%
PTLO	C	0.04%
HUMA	F	0.04%
YEXT	B	0.04%
TREE	C	0.04%
NEXT	F	0.04%
ARHS	F	0.04%
ATGE	D	0.04%
HLF	F	0.04%
LQDA	F	0.04%
SIBN	F	0.04%
PRTA	F	0.04%
OSPN	D	0.04%
AXGN	C	0.04%
EVRI	A	0.04%
MYE	F	0.04%
CCB	B	0.04%
SRRK	F	0.04%
NNBR	C	0.04%
IMXI	F	0.04%
SLP	F	0.04%
THRY	F	0.04%
FA	A	0.04%
TPB	C	0.04%
LPRO	D	0.04%
IE	D	0.04%
REAX	D	0.04%
CYTK	D	0.04%
GDYN	B	0.04%
SLVM	C	0.04%
PBI	C	0.03%
DIOD	F	0.03%
CDNA	B	0.03%
METC	D	0.03%
IGT	F	0.03%
PLSE	D	0.03%
CSV	D	0.03%
PPTA	C	0.03%
LFST	C	0.03%
NRC	F	0.03%
CELC	F	0.03%
DSGR	A	0.03%
GTHX	B	0.03%
SRDX	D	0.03%
CCS	C	0.03%
LWLG	F	0.03%
DK	F	0.03%
TSHA	F	0.03%
NPO	C	0.03%
SKWD	A	0.03%
PX	A	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	F	0.03%
ESQ	C	0.03%
IRMD	B	0.03%
BAND	C	0.03%
WVE	C	0.03%
CTLP	B	0.03%
MDXG	F	0.03%
BFS	C	0.03%
WRLD	F	0.03%
FNA	F	0.03%
KRUS	D	0.03%
GCMG	A	0.03%
XERS	B	0.03%
ATEX	D	0.03%
LEU	A	0.03%
TTI	D	0.03%
ENFN	C	0.03%
NVEC	D	0.03%
CHPT	F	0.03%
AX	D	0.03%
CIFR	C	0.03%
CERS	F	0.03%
AMSF	B	0.03%
DMRC	D	0.03%
CBL	D	0.03%
BIGC	F	0.03%
IDT	C	0.03%
AEHR	F	0.03%
JELD	D	0.03%
CRGY	B	0.03%
PRMW	B	0.03%
ALEC	F	0.03%
VSCO	C	0.03%
ARCT	D	0.03%
BBW	A	0.03%
MITK	F	0.03%
AMK	B	0.03%
IBTA	C	0.03%
CAL	F	0.03%
MNMD	F	0.03%
HY	D	0.03%
MAX	C	0.03%
WEAV	B	0.03%
AGS	A	0.03%
GIC	D	0.03%
AIR	C	0.03%
FC	C	0.03%
TYRA	C	0.03%
APOG	B	0.03%
LQDT	C	0.03%
INOD	D	0.03%
BMEA	D	0.02%
SERA	F	0.02%
VSEC	D	0.02%
EYPT	F	0.02%
SNCY	F	0.02%
AVAH	D	0.02%
RICK	F	0.02%
BRCC	F	0.02%
INDI	F	0.02%
MRTN	F	0.02%
NBR	D	0.02%
EWCZ	F	0.02%
CRCT	C	0.02%
PBPB	D	0.02%
GOGO	F	0.02%
EGHT	D	0.02%
MCY	B	0.02%
SNEX	B	0.02%
FULC	F	0.02%
WTI	C	0.02%
TRAK	D	0.02%
MLAB	B	0.02%
EB	F	0.02%
SYNA	F	0.02%
HTLD	F	0.02%
NOG	D	0.02%
SGHT	D	0.02%
GCBC	F	0.02%
RCEL	D	0.02%
DENN	D	0.02%
NMIH	B	0.02%
HSTM	B	0.02%
SABR	C	0.02%
IRWD	F	0.02%
PRME	F	0.02%
NTST	F	0.02%
BLZE	D	0.02%
SKYT	D	0.02%
CSTL	B	0.02%
LIND	C	0.02%
APLD	C	0.02%
NVEE	F	0.02%
DOMO	F	0.02%
BANF	D	0.02%
ABSI	F	0.02%
ALT	F	0.02%
SAH	D	0.02%
OLO	F	0.02%
RIOT	F	0.02%
LUNG	D	0.02%
FBP	B	0.02%
SFL	D	0.02%
MIR	B	0.02%
ITI	A	0.02%
INST	C	0.02%
IIIN	F	0.02%
GRND	D	0.02%
LAZR	F	0.02%
WERN	D	0.02%
NIC	D	0.02%
TMCI	F	0.02%
SIGA	F	0.02%
HLX	C	0.02%
XPOF	F	0.02%
MNTK	D	0.02%
AKRO	D	0.02%
LYTS	B	0.02%
CRMD	A	0.02%
BJRI	B	0.02%
ICHR	D	0.02%
RDVT	D	0.02%
TH	F	0.02%
BWMN	F	0.02%
SRCL	B	0.02%
PRG	C	0.02%
GHM	D	0.02%
VGR	B	0.02%
AMRC	C	0.02%
NNOX	F	0.02%
LESL	F	0.02%
SVRA	F	0.02%
CENTA	F	0.02%
PDCO	F	0.02%
OCGN	F	0.02%
LRMR	F	0.02%
CYRX	F	0.02%
CTRE	C	0.02%
EVI	D	0.01%
HOV	D	0.01%
CTGO	F	0.01%
CCO	C	0.01%
FOR	D	0.01%
DCGO	F	0.01%
AKYA	D	0.01%
VTSI	F	0.01%
ANIK	F	0.01%
YORW	F	0.01%
ODC	D	0.01%
NRDY	F	0.01%
SCWO	C	0.01%
DAKT	D	0.01%
ALXO	F	0.01%
MLYS	C	0.01%
EP	F	0.01%
REKR	F	0.01%
VERU	F	0.01%
CURV	F	0.01%
BLNK	F	0.01%
STKS	F	0.01%
OMER	F	0.01%
INMB	F	0.01%
MAPS	F	0.01%
ZURA	C	0.01%
GLSI	F	0.01%
RCKY	C	0.01%
AMWD	C	0.01%
LWAY	B	0.01%
QUAD	D	0.01%
GCO	D	0.01%
MRAM	D	0.01%
DC	D	0.01%
EMBC	F	0.01%
AQST	C	0.01%
ACHV	C	0.01%
IRON	C	0.01%
GOOD	A	0.01%
INVA	B	0.01%
MRSN	D	0.01%
ESPR	D	0.01%
STTK	F	0.01%
UVE	C	0.01%
PLUG	D	0.01%
GNE	F	0.01%
IAS	F	0.01%
CAPR	A	0.01%
RILY	F	0.01%
CWCO	F	0.01%
ULH	B	0.01%
LAW	D	0.01%
PAHC	C	0.01%
NTIC	F	0.01%
LKFN	D	0.01%
PFIS	D	0.01%
KFS	D	0.01%
ALIM	C	0.01%
FFWM	D	0.01%
MVIS	D	0.01%
DESP	C	0.01%
TILE	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	D	0.01%
STGW	B	0.01%
AVXL	D	0.01%
QUIK	F	0.01%
TIPT	B	0.01%
STXS	F	0.01%
INBK	D	0.01%
XFOR	F	0.01%
PSTL	D	0.01%
ACIC	D	0.01%
ZYXI	F	0.01%
BBAI	D	0.01%
PHAT	C	0.01%
OLMA	F	0.01%
PETQ	A	0.01%
ADCT	D	0.01%
JYNT	F	0.01%
SSTI	F	0.01%
SMLR	F	0.01%
FHTX	C	0.01%
SUPN	D	0.01%
INFU	D	0.01%
SPNT	D	0.01%
CVRX	D	0.01%
PEPG	F	0.01%
LCTX	D	0.01%
KLTR	D	0.01%
CHCO	D	0.01%
SKIN	F	0.01%
CADL	D	0.01%
TAYD	D	0.01%
BVS	B	0.01%
JILL	F	0.01%
CTOS	F	0.01%
PESI	B	0.01%
TSQ	F	0.01%
SKYH	C	0.01%
MSEX	C	0.01%
PCT	C	0.01%
IGMS	C	0.01%
OPRX	F	0.01%
BRY	F	0.01%
CDZI	D	0.01%
SCPH	F	0.01%
EGAN	F	0.01%
ORIC	F	0.01%
SMTI	F	0.01%
XOMA	D	0.01%
GWRS	D	0.01%
MDWD	D	0.01%
REX	D	0.01%
QRHC	F	0.01%
ULCC	C	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%
LGIH	C	0.01%
MODV	F	0.01%
BTMD	F	0.01%
KNTK	A	0.01%
EAF	C	0.01%
LIVN	C	0.01%
LNZA	D	0.01%
EVCM	D	0.01%
OFLX	D	0.01%
INMD	F	0.01%
NEO	F	0.01%
CDXC	C	0.01%
AEYE	C	0.01%
DSP	B	0.01%
TCX	F	0.01%
PFMT	D	0.01%
SCL	D	0.01%
KRT	F	0.01%
CALM	A	0.01%
GAMB	C	0.01%
LOVE	C	0.01%
WKC	A	0.01%
CMPO	B	0.01%
ALTG	F	0.01%
OMI	F	0.01%
REAL	C	0.01%
MGNX	F	0.01%
UMH	D	0.01%
MLP	D	0.01%
KREF	C	0.01%
LBRT	D	0.01%
TDOC	D	0.01%
NATH	B	0.01%
CBRL	D	0.01%
ARAY	F	0.01%
INSE	C	0.01%
RGR	F	0.01%
JBT	B	0.01%
BYRN	A	0.01%
ANDE	D	0.01%
LLAP	F	0.0%
QRTEB	D	0.0%
GRWG	D	0.0%
MASS	F	0.0%
RSVR	D	0.0%
BSVN	D	0.0%
LYRA	F	0.0%
ATLC	B	0.0%
LUNR	D	0.0%
PTSI	F	0.0%
QIPT	F	0.0%
TDUP	F	0.0%
PGEN	F	0.0%
HLVX	F	0.0%
AMPX	D	0.0%
ULBI	D	0.0%
RMNI	F	0.0%
VGAS	D	0.0%
VIRC	D	0.0%
SES	F	0.0%
MEC	C	0.0%
HOWL	F	0.0%
CZFS	C	0.0%
PLPC	D	0.0%
BOC	D	0.0%
FBIZ	D	0.0%
RENB	F	0.0%
EVC	D	0.0%
ORGO	C	0.0%
HRTX	D	0.0%
CTV	F	0.0%
APEI	F	0.0%
TERN	C	0.0%
CDXS	C	0.0%
AVTE	D	0.0%
ELEV	F	0.0%
LSEA	D	0.0%
CIX	C	0.0%
RGLS	F	0.0%
DIBS	F	0.0%
CLBK	F	0.0%
FENC	F	0.0%
SGC	D	0.0%
SST	F	0.0%
SHYF	D	0.0%
ALDX	C	0.0%
ATOS	C	0.0%
AKBA	F	0.0%
HBIO	F	0.0%
IIIV	D	0.0%
LASR	F	0.0%
VALU	C	0.0%
RM	D	0.0%
DLHC	F	0.0%
GALT	C	0.0%
METCB	F	0.0%
CRDF	D	0.0%
MITT	C	0.0%
ORN	F	0.0%
OOMA	C	0.0%
PBYI	F	0.0%
NATR	F	0.0%
HCAT	C	0.0%
MPX	D	0.0%
INNV	D	0.0%
CHCT	F	0.0%
FUBO	F	0.0%
CHRS	F	0.0%
MLR	B	0.0%
TNYA	F	0.0%
RDW	B	0.0%
CMRE	C	0.0%
PLL	D	0.0%
USCB	D	0.0%
MYFW	B	0.0%
CENT	F	0.0%
ITIC	C	0.0%
FIGS	C	0.0%
EPM	B	0.0%
VRCA	F	0.0%
MCBS	D	0.0%
OABI	F	0.0%
AOMR	F	0.0%
FG	B	0.0%
QBTS	D	0.0%
REPX	C	0.0%
CLPR	B	0.0%
EVEX	D	0.0%
NGS	D	0.0%
FLWS	F	0.0%
ARKO	C	0.0%
HDSN	F	0.0%
GMGI	F	0.0%
PCRX	D	0.0%
AIRS	D	0.0%
EYE	F	0.0%
CABA	F	0.0%
SWBI	F	0.0%
PTVE	D	0.0%
PSTX	F	0.0%
SHBI	D	0.0%
OPEN	F	0.0%
AVO	C	0.0%
AHH	F	0.0%
DXPE	C	0.0%
ATNM	F	0.0%
BMBL	F	0.0%
DIN	D	0.0%
CVGW	B	0.0%
TTSH	D	0.0%
BOOM	D	0.0%
NGVC	D	0.0%
HQI	D	0.0%
QTRX	F	0.0%
CRSR	D	0.0%
EGY	D	0.0%
OVID	D	0.0%
OBIO	F	0.0%
NWPX	B	0.0%
LXRX	F	0.0%

VTWG Underweight 104 Positions Relative to VUSE

Symbol	Grade	Weight
AMZN	C	-2.58%
ORCL	A	-2.29%
HD	A	-2.11%
WMT	A	-2.07%
MA	A	-2.05%
AAPL	C	-1.99%
V	B	-1.99%
MSFT	D	-1.94%
CVX	B	-1.93%
XOM	A	-1.92%
JNJ	D	-1.91%
KO	C	-1.89%
AVGO	B	-1.87%
JPM	C	-1.87%
MRK	F	-1.82%
BAC	B	-1.75%
NVDA	B	-1.66%
BKNG	B	-1.35%
CMG	C	-1.28%
PG	D	-1.27%
MSI	A	-1.27%
ECL	C	-1.26%
UBER	C	-1.26%
NFLX	A	-1.25%
AMAT	C	-1.25%
ABBV	C	-1.24%
SNPS	F	-1.17%
T	B	-1.09%
META	A	-1.05%
MCD	A	-1.03%
MAR	A	-1.03%
LLY	D	-1.03%
SHW	C	-0.99%
SBUX	B	-0.99%
ADP	A	-0.99%
GOOGL	B	-0.95%
TJX	D	-0.95%
MO	D	-0.94%
ADBE	F	-0.9%
KLAC	B	-0.9%
COST	C	-0.78%
CAT	A	-0.77%
ITW	C	-0.73%
ZTS	C	-0.73%
TMUS	A	-0.71%
FTNT	A	-0.71%
SYK	C	-0.7%
EME	B	-0.69%
ERIE	A	-0.67%
WDAY	D	-0.65%
AMP	A	-0.65%
JXN	A	-0.65%
AYI	A	-0.65%
EQH	B	-0.61%
NYT	C	-0.61%
TDG	A	-0.61%
FICO	C	-0.61%
NOW	B	-0.6%
NKE	D	-0.6%
NRG	A	-0.59%
CTAS	C	-0.58%
UTHR	C	-0.56%
RDDT	B	-0.55%
LSCC	D	-0.54%
GWW	B	-0.52%
RMD	C	-0.52%
IT	A	-0.51%
FAST	C	-0.51%
MTD	C	-0.51%
MTG	A	-0.5%
PAYX	B	-0.5%
EXEL	B	-0.49%
MSCI	B	-0.49%
JLL	C	-0.49%
ODFL	F	-0.48%
SHO	B	-0.48%
TREX	D	-0.48%
EA	D	-0.47%
CRUS	D	-0.47%
JKHY	A	-0.44%
A	B	-0.44%
VST	A	-0.42%
ON	F	-0.42%
EOG	B	-0.4%
BSX	A	-0.39%
MANH	A	-0.38%
PLTR	A	-0.38%
CSL	A	-0.37%
HCC	C	-0.27%
CRWD	D	-0.27%
AOS	C	-0.25%
PANW	B	-0.24%
DBX	C	-0.24%
DOCU	A	-0.24%
TRIP	D	-0.23%
PINS	D	-0.23%
VRSK	D	-0.22%
MEDP	F	-0.2%
APPF	C	-0.17%
PSTG	F	-0.14%
CMCSA	B	-0.14%
ABNB	D	-0.14%
SPG	A	-0.13%
SEIC	B	-0.1%