BRNY vs VONV: Grades, Fees and Holdings Compared

Burney U.S. Factor Rotation ETF

BRNYDNasdaq

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

22.1%by weight

Expense ratio

VONV −0.73pt a year

BRNY0.79%VONV0.06%

Avg volume · 30D

VONV 39.1×the volume

BRNY19.8KVONV774K

3Y return · a year

BRNY +3.4pt

BRNY+26.6%VONV+23.2%

BRNY vs VONV Performance

Oct 31, 2025 – Oct 30, 2026

+13.0%BRNY+28.5%VONV

Expense ratio: BRNY 0.79%; VONV 0.06%, better
Fund size: BRNY $594M; VONV $23.3B
1Y total return: BRNY +13.0%; VONV +28.5%, better
Yield (12M): BRNY 0.18%; VONV 1.53%, better
Holdings: BRNY 69; VONV 873
Avg volume (30D): BRNY 19.8K sh; VONV 774K sh, better
NAV per share: BRNY $55.16; VONV $113.44
52W range

ETF.net Grade

Pillar letters and Scores for BRNY, VONV, with each pillar’s weight
Pillar	BRNY	VONV
Cost30% weight	F1	A96Higher
Mission25% weight	B64	A100Higher
Risk15% weight	C41	A86Higher
Tradability15% weight	D35	B60Higher
Holdings10% weight	D32	C49Higher
Durability5% weight	D30	A93Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. BRNY and VONV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

VONV ranks 1st and BRNY 91st of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 90DSHRYFirst Trust Bloomberg Shareholder Yield ETFScore 33
Rank 91DBRNYBurney U.S. Factor Rotation ETFScore 32
Rank 91DDVOLFirst Trust Dorsey Wright Momentum & Low Volatility ETFScore 32

Our read on each fund

ETF.net Research

BRNYDBurney U.S. Factor Rotation ETF

VONVAVanguard Russell 1000 Value ETF

In short

BRNY No data

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

Stated mandate

BRNY No data

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

Why people hold it

BRNY No data

VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes quarterly.

Worth knowing

BRNY No data

VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full BRNY profile⁠

Full VONV profile⁠

BRNY vs VONV Holdings

How BRNY and VONV differ

Overlap by weight

22.1%

Shared holdings make up 53.8% of BRNY and 25.2% of VONV.

Level by level

Holdings35 in both22.1%
Countryby domicile98.3%
Asset classEquity100%

Sector

No Sector split for BRNY.

Country, concentration and asset class

Country by domicile

Country weights in BRNY and VONV, widest gap first
Country	More in BRNYMore in VONV	BRNY	VONV
United States	VONV +1.7 points	98.3%	100.0%
Canada	BRNY +1.2 points	1.2%	0.0%
United Kingdom	BRNY +0.5 points	0.5%	0.0%

Concentration

Weight in the 10 largest Holdings

BRNY43.9%
VONV29.8%

Securities held

BRNY69
VONV871

Asset class

BRNY: Equity
VONV: Equity

Holdings

Only in BRNY34
In both35
Only in VONV836

Only in BRNY

34 securities, 46.3% of BRNY by weight

NVIDIA Corp8.49%
Alphabet Inc6.77%
Micron Technology Inc3.10%
CareDx Inc2.03%
Omeros Corp1.98%
Datadog Inc1.94%
Advanced Micro Devices Inc1.86%
Genco Shipping & Trading Ltd1.81%
Kennametal Inc1.80%
Expedia Group Inc1.78%
Palantir Technologies Inc1.57%
Flotek Industries Inc1.31%
Halozyme Therapeutics Inc0.82%
Fortinet Inc0.81%
Marvell Technology Inc0.78%
Travere Therapeutics Inc0.76%
PBF Energy Inc0.65%
Simon Property Group Inc0.62%
Wolverine World Wide Inc0.57%
Coca-Cola Europacific Partners PLC0.55%
Tapestry Inc0.55%
Novocure Ltd0.52%
Zurn Elkay Water Solutions Corp0.52%
Cinemark Holdings Inc0.51%
Qualys Inc0.50%
Bread Financial Holdings Inc0.50%
IMAX Corp0.50%
Brinker International Inc0.50%
Astronics Corp0.46%
AerCap Holdings NV0.41%
Proto Labs Inc0.41%
StoneX Group Inc0.38%
Sterling Infrastructure Inc0.38%
First American Government Obligations Fund 12/01/20310.13%

Only in VONV

836 securities, 74.6% of VONV by weight

Berkshire Hathaway Inc2.55%
JPMorgan Chase & Co2.43%
ExxonMobil Holdings Corp1.84%
Johnson & Johnson1.75%
AbbVie Inc1.17%
Cisco Systems Inc1.17%
Walmart Inc1.15%
Chevron Corp1.04%
Merck & Co Inc0.99%
Procter & Gamble Co/The0.93%
UnitedHealth Group Inc0.91%
Bank of America Corp0.91%
Philip Morris International Inc0.82%
Coca-Cola Co/The0.81%
Thermo Fisher Scientific Inc0.69%
Wells Fargo & Co0.67%
Linde PLC0.60%
International Business Machines Corp0.57%
QUALCOMM Inc0.53%
Verizon Communications Inc0.53%
Gilead Sciences Inc0.51%
Salesforce Inc0.50%
Walt Disney Co/The0.50%
Abbott Laboratories0.47%
Welltower Inc0.46%
Deere & Co0.46%
McDonald's Corp0.45%
AT&T Inc0.45%
Pfizer Inc0.45%
Blackrock Inc0.44%
NextEra Energy Inc0.43%
ConocoPhillips0.42%
PepsiCo Inc0.42%
Union Pacific Corp0.41%
Charles Schwab Corp/The0.41%
Dell Technologies Inc0.39%
Eaton Corp PLC0.39%
Danaher Corp0.39%
Vertex Pharmaceuticals Inc0.37%
Bristol-Myers Squibb Co0.35%
Prologis Inc0.34%
Newmont Corp0.33%
Progressive Corp/The0.33%
Uber Technologies Inc0.33%
Parker-Hannifin Corp0.33%
S&P Global Inc0.32%
Chubb Ltd0.31%
American Express Co0.31%
Altria Group Inc0.31%
Accenture PLC0.31%

Weight gaps

All 35 Holdings in both funds, largest gap first.

Holding weights in BRNY and VONV, widest gap first
Holding	More in BRNYMore in VONV	BRNY	VONV
Expeditors International of Washington IncEXPD	BRNY +2.03 points	2.10%	0.07%
Amazon.com IncAMZN	VONV +1.98 points	4.11%	6.09%
Target CorpTGT	BRNY +1.96 points	2.16%	0.20%
Costco Wholesale CorpCOST	BRNY +1.94 points	2.57%	0.63%
EOG Resources IncEOG	BRNY +1.88 points	2.08%	0.20%
Microsoft CorpMSFT	BRNY +1.88 points	7.12%	5.24%
MongoDB IncMDB	BRNY +1.86 points	1.87%	<0.01%
Best Buy Co IncBBY	BRNY +1.82 points	1.87%	0.05%
RTX CorpRTX	BRNY +1.71 points	2.40%	0.69%
Allstate Corp/TheALL	BRNY +1.69 points	1.85%	0.16%
Citigroup IncC	BRNY +1.53 points	2.03%	0.50%
Meta Platforms IncMETA	BRNY +1.37 points	2.17%	0.80%
Ralph Lauren CorpRL	BRNY +1.28 points	1.29%	0.01%
Apple IncAAPL	VONV +1.10 points	4.97%	6.07%
Pinnacle West Capital CorpPNW	BRNY +0.99 points	1.02%	0.03%
Dollar General CorpDG	BRNY +0.97 points	1.04%	0.07%
Wintrust Financial CorpWTFC	BRNY +0.96 points	0.99%	0.03%
Northern Trust CorpNTRS	BRNY +0.86 points	0.94%	0.08%
IDEX CorpIEX	BRNY +0.71 points	0.76%	0.05%
Veeva Systems IncVEEV	BRNY +0.70 points	0.82%	0.12%
Chord Energy CorpCHRD	BRNY +0.62 points	0.64%	0.02%
Virtu Financial IncVIRT	BRNY +0.60 points	0.61%	0.01%
Paylocity Holding CorpPCTY	BRNY +0.51 points	0.53%	0.02%
MSC Industrial Direct Co IncMSM	BRNY +0.48 points	0.50%	0.02%
Workday IncWDAY	BRNY +0.47 points	0.57%	0.10%
Goldman Sachs Group Inc/TheGS	BRNY +0.45 points	1.12%	0.67%
General Motors CoGM	BRNY +0.41 points	0.60%	0.19%
Jones Lang LaSalle IncJLL	BRNY +0.38 points	0.42%	0.04%
Incyte CorpINCY	BRNY +0.37 points	0.43%	0.06%
WESCO International IncWCC	BRNY +0.34 points	0.39%	0.05%
Zoom Communications IncZM	BRNY +0.33 points	0.40%	0.07%
Analog Devices IncADI	BRNY +0.26 points	0.75%	0.49%
Intel CorpINTC	BRNY +0.18 points	1.69%	1.51%
Capital One Financial CorpCOF	BRNY +0.08 points	0.40%	0.32%
Morgan StanleyMS	VONV +0.05 points	0.53%	0.58%

All BRNY holdings⁠All 872 VONV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BRNY vs VONV Cost

Overpaying BRNY vs VONV

$13,904

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BRNY 0.79%
$15,174
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

BRNY 0.79%
VONV 0.06%
Overpaying

Year by year

Year	BRNY	VONV	Overpaying
10	$1,405	$110	$1,295
20	$5,331	$432	$4,899
30	$15,174	$1,270	$13,904

Expense ratio

0.79%BRNY
0.06%VONV, cheaper

VONV0.06%BRNY0.79%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

BRNY 98th cheapest of 99 funds

BRNY vs VONV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BRNY 0.18%; VONV 1.53%, better
Payout (12M): BRNY $0.10; VONV $1.74
Last payment: BRNY $0.05; VONV $0.42
Ex-dividend: BRNY Mar 30, 2026; VONV Sep 23, 2026
Paid on: BRNY Mar 31, 2026; VONV Sep 25, 2026
Frequency: BRNY Quarterly; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

BRNYQuarterly · 14 paymentsAll BRNY payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

BRNY vs VONV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BRNY 14.4%VONV 12.1%, better
Return per unit of riskSharpe ratio, 3 years: BRNY 1.42VONV 1.43, better
Worst fallMax drawdown, 5 years: BRNY −19.1%since Oct 2022VONV −18.9%
Market sensitivityBeta, 5 years: BRNY 1.04VONV 0.85; Market = 1

BRNY and VONV in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026VONV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VONV
Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026VONV

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BRNY vs VONV

In short

Stated mandate

Why people hold it

Worth knowing

How BRNY and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BRNY

Only in VONV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

The best value ETF depends on whose list you bought

US multifactor funds ran 30 points apart

How BRNY and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BRNY

Only in VONV

Weight gaps