RECS vs VONV: Grades, Fees and Holdings Compared

Columbia Research Enhanced Core ETF

RECSANYSE Arca

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

27.6%by weight

Expense ratio

VONV −0.09pt a year

RECS0.15%VONV0.06%

Avg volume · 30D

VONV 1.7×the volume

RECS461KVONV774K

5Y return · a year

RECS +1.2pt

RECS+12.9%VONV+11.7%

RECS vs VONV Performance

Oct 29, 2021 – Oct 30, 2026

+83.1%RECS+73.8%VONV

Expense ratio: RECS 0.15%; VONV 0.06%, better
Fund size: RECS $6.22B; VONV $23.3B
1Y total return: RECS +10.8%; VONV +28.5%, better
Yield (12M): RECS 1.01%; VONV 1.53%, better
Holdings: RECS 358; VONV 873
Avg volume (30D): RECS 461K sh; VONV 774K sh, better
NAV per share: RECS $44.92; VONV $113.44
52W range

ETF.net Grade

Pillar letters and Scores for RECS, VONV, with each pillar’s weight
Pillar	RECS	VONV
Cost30% weight	A83	A96Higher
Mission25% weight	A93	A100Higher
Risk15% weight	B57	A86Higher
Tradability15% weight	A92Higher	B60
Holdings10% weight	D29	C49Higher
Durability5% weight	B55	A93Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. RECS 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 RECS 12th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 11AGSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETFScore 77
Rank 12ARECSColumbia Research Enhanced Core ETFScore 76
Rank 12ASMLFiShares U.S. Small-Cap Equity Factor ETFScore 76

Our read on each fund

ETF.net Research

RECSAColumbia Research Enhanced Core ETF

VONVAVanguard Russell 1000 Value ETF

In short

RECS Columbia takes the boring core of a US stock portfolio and runs it through its own value, quality and momentum research screen. Roughly 400 names at 0.15% a year: index-fund pricing on a research-driven build.

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

RECS The Fund seeks results corresponding to the Beta Advantage Research Enhanced U.S. Equity Index, before fees and expenses.

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

RECS 0.15% a year for a researched screen, well under half the going rate in its multifactor cohort.
The value, quality and momentum tilt lives inside a broad book of about 400 US stocks, so it reads as a core position rather than a single-factor bet.
Sticks close to its stated Beta Advantage index, and it is a multi-billion-dollar fund with steady daily volume behind the quotes.
Running since 2019 and one of the stronger implementations in a crowded US multifactor field.

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

RECS Plain-vanilla rivals such as VYM and IUSG charge a fraction as much. The extra basis points here buy the research screen, not broader coverage.
The screen trims rather than reinvents: the portfolio still leans on the same large US names that dominate the broad market, so the tilt shows up slowly.
Distributions come once or twice a year, not quarterly, so the cash arrives on a lumpy schedule.

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 RECS profile⁠

Full VONV profile⁠

RECS vs VONV Holdings

How RECS and VONV differ

Overlap by weight

27.6%

Shared holdings make up 65.2% of RECS and 29.0% of VONV.

Level by level

Holdings289 in both27.6%
Sector11 Sectors75.2%
Asset classEquity100%
Countryby domicile99.7%

Sector

Sector weights in RECS and VONV, widest gap first
Sector	More in RECSMore in VONV	RECS	VONV
Technology	RECS +16.8 points	38.7%	21.9%
Communication	RECS +8.0 points	11.4%	3.4%
Financials	VONV +6.6 points	11.3%	17.9%
Health Care	VONV +4.1 points	9.3%	13.4%
Consumer Staples	VONV +3.0 points	4.2%	7.2%
Energy	VONV +2.6 points	3.6%	6.2%
Consumer Discretionary	VONV +2.1 points	8.3%	10.4%
Industrials	VONV +1.7 points	7.8%	9.5%
Utilities	VONV +1.6 points	1.8%	3.4%
Materials	VONV +1.6 points	1.7%	3.3%
Real Estate	VONV +1.5 points	2.0%	3.5%

Country, concentration and asset class

Country by domicile

Country weights in RECS and VONV, widest gap first
Country	More in RECSMore in VONV	RECS	VONV
United States	VONV +0.3 points	99.7%	100.0%
Canada	RECS +0.2 points	0.2%	0.0%
India	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

RECS41.6%
VONV29.8%

Securities held

RECS356
VONV871

Asset class

RECS: Equity
VONV: Equity

Holdings

Only in RECS67
In both289
Only in VONV582

Only in RECS

67 securities, 34.0% of RECS by weight

NVIDIA Corp11.63%
Mastercard Inc2.61%
State Street Communication Services Select Sector Spdr Etf2.61%
Micron Technology Inc2.16%
Vanguard Communication Services Etf1.28%
Palantir Technologies Inc1.08%
Elevance Health Inc0.78%
Conocophillips0.73%
Hilton Worldwide Holdings Inc0.72%
Fidelity Msci Communication Services Index Etf0.71%
Palo Alto Networks Inc0.70%
Applied Materials Inc0.62%
Lam Research Corp0.61%
Crowdstrike Holdings Inc0.60%
Becton Dickinson & Co0.47%
Arista Networks Inc0.42%
Amphenol Corp0.42%
Kla Corp0.39%
Accenture PLC0.37%
Sandisk Corp0.36%
Allstate Corp/The0.33%
Crh PLC0.31%
Expedia Group Inc0.30%
Servicenow Inc0.29%
Snowflake Inc0.26%
Dexcom Inc0.24%
Restaurant Brands International Inc0.22%
Anglogold Ashanti PLC0.22%
Tapestry Inc0.21%
Datadog Inc0.21%
Fortinet Inc0.19%
Applovin Corp0.16%
Autodesk Inc0.14%
Ciena Corp0.13%
Medpace Holdings Inc0.12%
Reddit Inc0.11%
Teradyne Inc0.10%
Las Vegas Sands Corp0.09%
Insulet Corp0.09%
Aptiv PLC0.09%
Ball Corp0.08%
Natera Inc0.08%
Everest Group Ltd0.08%
Pentair PLC0.07%
Murphy Usa Inc0.07%
Corcept Therapeutics Inc0.06%
Revolution Medicines Inc0.05%
Chewy Inc0.05%
Gap Inc/The0.05%
Gartner Inc0.04%

Only in VONV

582 securities, 70.8% of VONV by weight

Amazon.com Inc6.09%
Microsoft Corp5.24%
Berkshire Hathaway Inc2.55%
JPMorgan Chase & Co2.43%
ExxonMobil Holdings Corp1.84%
Johnson & Johnson1.75%
Intel Corp1.51%
Walmart Inc1.15%
Merck & Co Inc0.99%
Procter & Gamble Co/The0.93%
UnitedHealth Group Inc0.91%
Philip Morris International Inc0.82%
Coca-Cola Co/The0.81%
Thermo Fisher Scientific Inc0.69%
RTX Corp0.69%
Goldman Sachs Group Inc/The0.67%
Wells Fargo & Co0.67%
Costco Wholesale Corp0.63%
Linde PLC0.60%
Morgan Stanley0.58%
International Business Machines Corp0.57%
QUALCOMM Inc0.53%
Verizon Communications Inc0.53%
Salesforce Inc0.50%
Walt Disney Co/The0.50%
Analog Devices Inc0.49%
Abbott Laboratories0.47%
Welltower Inc0.46%
Deere & Co0.46%
McDonald's Corp0.45%
AT&T Inc0.45%
Pfizer Inc0.45%
Blackrock Inc0.44%
ConocoPhillips0.42%
PepsiCo Inc0.42%
Union Pacific Corp0.41%
Dell Technologies Inc0.39%
Eaton Corp PLC0.39%
Danaher Corp0.39%
Prologis Inc0.34%
Uber Technologies Inc0.33%
S&P Global Inc0.32%
Capital One Financial Corp0.32%
Chubb Ltd0.31%
American Express Co0.31%
Accenture PLC0.31%
Medtronic PLC0.30%
Lowe's Cos Inc0.28%
Freeport-McMoRan Inc0.28%
Southern Co/The0.26%

Weight gaps

The 100 widest of 289 Holdings in both funds.

Holding weights in RECS and VONV, widest gap first
Holding	More in RECSMore in VONV	RECS	VONV
Apple IncAAPL	RECS +6.36 points	12.43%	6.07%
Meta Platforms IncMETA	RECS +3.32 points	4.12%	0.80%
Tjx Cos Inc/TheTJX	RECS +1.16 points	1.38%	0.22%
Altria Group IncMO	RECS +1.04 points	1.35%	0.31%
Starbucks CorpSBUX	RECS +0.90 points	1.03%	0.13%
Bank of America CorpBAC	RECS +0.71 points	1.62%	0.91%
Bristol-Myers Squibb CoBMY	RECS +0.69 points	1.04%	0.35%
Chevron CorpCVX	RECS +0.67 points	1.71%	1.04%
Automatic Data Processing IncADP	RECS +0.66 points	0.84%	0.18%
Colgate-Palmolive CoCL	RECS +0.66 points	0.77%	0.11%
Ross Stores IncROST	RECS +0.62 points	0.65%	0.03%
Cvs Health CorpCVS	RECS +0.60 points	0.90%	0.30%
General Motors CoGM	RECS +0.51 points	0.70%	0.19%
Citigroup IncC	RECS +0.51 points	1.01%	0.50%
Parker-Hannifin CorpPH	RECS +0.49 points	0.82%	0.33%
AbbVie IncABBV	VONV +0.46 points	0.71%	1.17%
Target CorpTGT	RECS +0.45 points	0.65%	0.20%
Cigna Group/TheCI	RECS +0.43 points	0.63%	0.20%
Illinois Tool Works IncITW	RECS +0.43 points	0.57%	0.14%
General Dynamics CorpGD	RECS +0.42 points	0.65%	0.23%
Cummins IncCMI	RECS +0.40 points	0.51%	0.11%
Cardinal Health IncCAH	RECS +0.37 points	0.45%	0.08%
American Tower CorpAMT	RECS +0.37 points	0.44%	0.07%
Progressive Corp/ThePGR	RECS +0.36 points	0.69%	0.33%
Rockwell Automation IncROK	RECS +0.33 points	0.35%	0.02%
Ford Motor CoF	RECS +0.32 points	0.45%	0.13%
Charles Schwab Corp/TheSCHW	RECS +0.31 points	0.72%	0.41%
Fedex CorpFDX	RECS +0.30 points	0.47%	0.17%
Kroger Co/TheKR	RECS +0.29 points	0.38%	0.09%
Newmont CorpNEM	RECS +0.28 points	0.61%	0.33%
Iqvia Holdings IncIQV	RECS +0.26 points	0.38%	0.12%
Zoetis IncZTS	RECS +0.25 points	0.27%	0.02%
Bank of New York Mellon Corp/TheBNY	RECS +0.26 points	0.51%	0.25%
Illumina IncILMN	RECS +0.26 points	0.37%	0.11%
Comcast CorpCMCSA	RECS +0.25 points	0.46%	0.21%
Marsh & Mclennan Cos IncMRSH	RECS +0.24 points	0.47%	0.23%
Equinix IncEQIX	RECS +0.24 points	0.51%	0.27%
Dr Horton IncDHI	RECS +0.23 points	0.32%	0.09%
Ferguson Enterprises IncFERG	RECS +0.22 points	0.33%	0.11%
Gilead Sciences IncGILD	VONV +0.22 points	0.29%	0.51%
Paccar IncPCAR	RECS +0.21 points	0.37%	0.16%
Delta Air Lines IncDAL	RECS +0.21 points	0.34%	0.13%
Us BancorpUSB	RECS +0.20 points	0.45%	0.25%
Adobe IncADBE	RECS +0.20 points	0.28%	0.08%
Dollar General CorpDG	RECS +0.20 points	0.27%	0.07%
Centene CorpCNC	RECS +0.19 points	0.27%	0.08%
Phillips 66PSX	RECS +0.19 points	0.45%	0.26%
Vertex Pharmaceuticals IncVRTX	VONV +0.18 points	0.19%	0.37%
Nextera Energy IncNEE	RECS +0.17 points	0.61%	0.43%
Valero Energy CorpVLO	RECS +0.17 points	0.44%	0.27%
Cisco Systems IncCSCO	VONV +0.16 points	1.01%	1.17%
Amgen IncAMGN	RECS +0.16 points	0.34%	0.18%
Pultegroup IncPHM	RECS +0.15 points	0.21%	0.06%
Kraft Heinz Co/TheKHC	RECS +0.15 points	0.20%	0.05%
Otis Worldwide CorpOTIS	RECS +0.13 points	0.20%	0.07%
Truist Financial CorpTFC	RECS +0.13 points	0.29%	0.16%
General Mills IncGIS	RECS +0.13 points	0.18%	0.05%
Msci IncMSCI	RECS +0.13 points	0.23%	0.10%
Tyson Foods IncTSN	RECS +0.13 points	0.17%	0.04%
Veralto CorpVLTO	RECS +0.13 points	0.19%	0.06%
Metlife IncMET	RECS +0.12 points	0.26%	0.14%
Viatris IncVTRS	RECS +0.12 points	0.18%	0.06%
Best Buy Co IncBBY	RECS +0.12 points	0.17%	0.05%
Expeditors International of Washington IncEXPD	RECS +0.11 points	0.18%	0.07%
Tenet Healthcare CorpTHC	RECS +0.11 points	0.17%	0.06%
Ralph Lauren CorpRL	RECS +0.11 points	0.12%	0.01%
Nvr IncNVR	RECS +0.10 points	0.13%	0.03%
Zimmer Biomet Holdings IncZBH	RECS +0.10 points	0.15%	0.05%
Charles River Laboratories International IncCRL	RECS +0.10 points	0.14%	0.04%
Revvity IncRVTY	RECS +0.10 points	0.15%	0.05%
Broadridge Financial Solutions IncBR	RECS +0.10 points	0.15%	0.05%
Roku IncROKU	RECS +0.10 points	0.10%	<0.01%
Fortive CorpFTV	RECS +0.10 points	0.15%	0.05%
State Street CorpSTT	RECS +0.10 points	0.23%	0.13%
Ch Robinson Worldwide IncCHRW	RECS +0.10 points	0.10%	<0.01%
Five Below IncFIVE	RECS +0.10 points	0.12%	0.02%
AramarkARMK	RECS +0.09 points	0.13%	0.04%
Coca-Cola Consolidated IncCOKE	RECS +0.09 points	0.12%	0.03%
Prudential Financial IncPRU	RECS +0.09 points	0.20%	0.11%
Regeneron Pharmaceuticals IncREGN	VONV +0.09 points	0.12%	0.21%
Leidos Holdings IncLDOS	RECS +0.09 points	0.13%	0.04%
Moderna IncMRNA	VONV +0.08 points	0.11%	0.19%
Everpure IncP	RECS +0.08 points	0.10%	0.02%
Southwest Airlines CoLUV	RECS +0.08 points	0.13%	0.05%
Intuit IncINTU	RECS +0.08 points	0.22%	0.14%
Maplebear IncCART	RECS +0.08 points	0.09%	<0.01%
Toll Brothers IncTOL	RECS +0.09 points	0.12%	0.03%
Cboe Global Markets IncCBOE	RECS +0.08 points	0.16%	0.08%
Snap-On IncSNA	RECS +0.08 points	0.13%	0.05%
Northern Trust CorpNTRS	RECS +0.08 points	0.16%	0.08%
Omnicom Group IncOMC	RECS +0.07 points	0.13%	0.06%
Nordson CorpNDSN	RECS +0.07 points	0.12%	0.05%
Carlisle Cos IncCSL	RECS +0.08 points	0.11%	0.03%
Occidental Petroleum CorpOXY	RECS +0.07 points	0.18%	0.11%
Wayfair IncW	RECS +0.07 points	0.10%	0.03%
Deckers Outdoor CorpDECK	RECS +0.07 points	0.10%	0.03%
Jb Hunt Transport Services IncJBHT	RECS +0.07 points	0.12%	0.05%
Masco CorpMAS	RECS +0.07 points	0.11%	0.04%
Ppg Industries IncPPG	RECS +0.07 points	0.13%	0.06%
Stanley Black & Decker IncSWK	RECS +0.07 points	0.11%	0.04%

All 376 RECS 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.

RECS vs VONV Cost

Overpaying RECS vs VONV

$1,867

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

RECS 0.15%
$3,137
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

RECS 0.15%
VONV 0.06%
Overpaying

Year by year

Year	RECS	VONV	Overpaying
10	$274	$110	$164
20	$1,071	$432	$639
30	$3,137	$1,270	$1,867

Expense ratio

0.15%RECS
0.06%VONV, cheaper

VONV0.06%RECS0.15%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

RECS 13th cheapest of 99 funds

RECS vs VONV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): RECS 1.01%; VONV 1.53%, better
Payout (12M): RECS $0.45; VONV $1.74
Last payment: RECS $0.45; VONV $0.42
Ex-dividend: RECS Dec 18, 2025; VONV Sep 23, 2026
Paid on: RECS Dec 26, 2025; VONV Sep 25, 2026
Frequency: RECS Annual; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RECSAnnual · 7 paymentsAll RECS payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

RECS vs VONV Risk

Fall from peak · 5 years

RECS
VONV

Risk facts

VolatilityStd dev, 3 years: RECS 11.5%, betterVONV 12.1%
Return per unit of riskSharpe ratio, 3 years: RECS 1.53, betterVONV 1.43
Worst fallMax drawdown, 5 years: RECS −22.1%VONV −18.9%, better
Market sensitivityBeta, 5 years: RECS 0.88VONV 0.85; Market = 1

RECS 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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RECS vs VONV

In short

Stated mandate

Why people hold it

Worth knowing

How RECS and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RECS

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 RECS and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RECS

Only in VONV

Weight gaps