BBUS vs. BND ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Equity ETF (BBUS) to Vanguard Total Bond Market ETF (BND)

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$102.76

Average Daily Volume

134,272

Number of Holdings ^*

543

* may have additional holdings in another (foreign) market

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$73.05

Average Daily Volume

5,758,370

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	BBUS	BND
30 Days	0.11%	-2.74%
60 Days	1.29%	-1.17%
90 Days	7.31%	-1.24%
12 Months	36.82%	9.39%

363 Overlapping Holdings

Symbol	Grade	Weight in BBUS	Weight in BND	Overlap
A	F	0.08%	0.01%	0.01%
AAPL	C	6.56%	0.01%	0.01%
ABBV	A	0.66%	0.01%	0.01%
ABT	C	0.39%	0.01%	0.01%
ACGL	D	0.08%	0.01%	0.01%
ADBE	F	0.42%	0.01%	0.01%
ADI	C	0.23%	0.01%	0.01%
ADM	F	0.05%	0.01%	0.01%
ADP	A	0.23%	0.01%	0.01%
ADSK	B	0.12%	0.01%	0.01%
AEE	B	0.05%	0.01%	0.01%
AEP	D	0.1%	0.01%	0.01%
AES	F	0.02%	0.01%	0.01%
AFG	D	0.02%	0.01%	0.01%
AFL	C	0.11%	0.01%	0.01%
AGR	C	0.01%	0.01%	0.01%
AIG	B	0.1%	0.01%	0.01%
AJG	D	0.12%	0.01%	0.01%
ALB	C	0.02%	0.01%	0.01%
ALL	C	0.1%	0.01%	0.01%
ALLE	C	0.02%	0.01%	0.01%
AMAT	F	0.31%	0.01%	0.01%
AMCR	B	0.03%	0.01%	0.01%
AMGN	C	0.34%	0.01%	0.01%
AMP	B	0.1%	0.01%	0.01%
AMT	D	0.21%	0.01%	0.01%
AMZN	B	3.52%	0.01%	0.01%
AON	A	0.16%	0.01%	0.01%
APD	B	0.14%	0.01%	0.01%
APH	B	0.16%	0.01%	0.01%
APO	B	0.11%	0.01%	0.01%
APTV	F	0.03%	0.01%	0.01%
ARE	F	0.03%	0.01%	0.01%
ATO	B	0.04%	0.01%	0.01%
AVB	C	0.06%	0.01%	0.01%
AVGO	B	1.56%	0.01%	0.01%
AVY	D	0.03%	0.01%	0.01%
AWK	D	0.05%	0.01%	0.01%
AXP	B	0.3%	0.01%	0.01%
AZO	C	0.11%	0.01%	0.01%
BA	F	0.19%	0.01%	0.01%
BAC	B	0.56%	0.01%	0.01%
BAX	F	0.04%	0.01%	0.01%
BBY	D	0.04%	0.01%	0.01%
BDX	D	0.14%	0.01%	0.01%
BEN	B	0.01%	0.01%	0.01%
BG	F	0.03%	0.01%	0.01%
BIIB	F	0.05%	0.01%	0.01%
BK	B	0.11%	0.01%	0.01%
BKNG	A	0.29%	0.01%	0.01%
BMY	A	0.21%	0.01%	0.01%
BR	C	0.05%	0.01%	0.01%
BRO	B	0.05%	0.01%	0.01%
BSX	B	0.25%	0.01%	0.01%
BXP	B	0.03%	0.01%	0.01%
C	A	0.23%	0.01%	0.01%
CAG	D	0.03%	0.01%	0.01%
CAH	D	0.05%	0.01%	0.01%
CARR	D	0.12%	0.01%	0.01%
CAT	B	0.37%	0.01%	0.01%
CB	C	0.21%	0.01%	0.01%
CCI	D	0.09%	0.01%	0.01%
CDNS	C	0.14%	0.01%	0.01%
CE	F	0.03%	0.01%	0.01%
CF	D	0.03%	0.01%	0.01%
CFG	A	0.04%	0.01%	0.01%
CHD	D	0.05%	0.01%	0.01%
CHTR	D	0.07%	0.01%	0.01%
CI	F	0.17%	0.01%	0.01%
CINF	B	0.04%	0.01%	0.01%
CL	D	0.15%	0.01%	0.01%
CLX	C	0.04%	0.01%	0.01%
CMCSA	A	0.32%	0.01%	0.01%
CME	A	0.16%	0.01%	0.01%
CMI	B	0.09%	0.01%	0.01%
CMS	C	0.04%	0.01%	0.01%
CNH	A	0.02%	0.01%	0.01%
CNP	B	0.04%	0.01%	0.01%
COF	A	0.12%	0.01%	0.01%
COP	C	0.24%	0.01%	0.01%
COST	D	0.78%	0.01%	0.01%
CPB	D	0.02%	0.01%	0.01%
CPT	D	0.02%	0.01%	0.01%
CRM	B	0.53%	0.01%	0.01%
CSCO	B	0.44%	0.01%	0.01%
CSX	D	0.13%	0.01%	0.01%
CTAS	B	0.14%	0.01%	0.01%
CTVA	A	0.08%	0.01%	0.01%
CVS	F	0.14%	0.01%	0.01%
CVX	C	0.51%	0.01%	0.01%
D	B	0.1%	0.01%	0.01%
DAL	A	0.07%	0.01%	0.01%
DD	D	0.07%	0.01%	0.01%
DE	B	0.2%	0.01%	0.01%
DELL	A	0.06%	0.01%	0.01%
DFS	B	0.07%	0.01%	0.01%
DG	F	0.03%	0.01%	0.01%
DGX	A	0.03%	0.01%	0.01%
DHI	D	0.11%	0.01%	0.01%
DHR	F	0.31%	0.01%	0.01%
DIS	B	0.34%	0.01%	0.01%
DLR	A	0.12%	0.01%	0.01%
DLTR	F	0.03%	0.01%	0.01%
DOC	B	0.03%	0.01%	0.01%
DOV	B	0.05%	0.01%	0.01%
DOW	F	0.07%	0.01%	0.01%
DRI	C	0.04%	0.01%	0.01%
DT	B	0.03%	0.01%	0.01%
DTE	C	0.05%	0.01%	0.01%
DUK	C	0.18%	0.01%	0.01%
DVN	F	0.05%	0.01%	0.01%
EA	A	0.07%	0.01%	0.01%
EBAY	D	0.06%	0.01%	0.01%
ECL	C	0.13%	0.01%	0.01%
ED	C	0.07%	0.01%	0.01%
EFX	D	0.07%	0.01%	0.01%
EG	F	0.03%	0.01%	0.01%
EIX	D	0.06%	0.01%	0.01%
EL	F	0.04%	0.01%	0.01%
EMN	C	0.02%	0.01%	0.01%
EMR	B	0.12%	0.01%	0.01%
EOG	D	0.14%	0.01%	0.01%
EQH	A	0.03%	0.01%	0.01%
EQIX	A	0.17%	0.01%	0.01%
EQR	D	0.05%	0.01%	0.01%
ES	D	0.05%	0.01%	0.01%
ESS	D	0.04%	0.01%	0.01%
ETN	B	0.27%	0.01%	0.01%
ETR	A	0.06%	0.01%	0.01%
EVRG	C	0.03%	0.01%	0.01%
EW	D	0.08%	0.01%	0.01%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.01%	0.01%
EXR	D	0.07%	0.01%	0.01%
FANG	F	0.06%	0.01%	0.01%
FDX	C	0.12%	0.01%	0.01%
FE	D	0.04%	0.01%	0.01%
FIS	A	0.1%	0.01%	0.01%
FITB	B	0.06%	0.01%	0.01%
FLEX	B	0.03%	0.01%	0.01%
FNF	B	0.03%	0.01%	0.01%
FOXA	A	0.02%	0.01%	0.01%
FTNT	B	0.1%	0.01%	0.01%
FTV	F	0.05%	0.01%	0.01%
GD	C	0.15%	0.01%	0.01%
GE	C	0.38%	0.01%	0.01%
GILD	A	0.22%	0.01%	0.01%
GIS	D	0.08%	0.01%	0.01%
GLW	A	0.07%	0.01%	0.01%
GM	B	0.12%	0.01%	0.01%
GOOGL	A	1.92%	0.01%	0.01%
GPC	F	0.03%	0.01%	0.01%
GPN	D	0.05%	0.01%	0.01%
GS	B	0.33%	0.01%	0.01%
GWW	A	0.1%	0.01%	0.01%
HAL	F	0.05%	0.01%	0.01%
HBAN	A	0.04%	0.01%	0.01%
HCA	D	0.13%	0.01%	0.01%
HD	B	0.78%	0.01%	0.01%
HES	D	0.08%	0.01%	0.01%
HIG	C	0.07%	0.01%	0.01%
HII	F	0.02%	0.01%	0.01%
HON	C	0.27%	0.01%	0.01%
HPE	B	0.05%	0.01%	0.01%
HPQ	C	0.07%	0.01%	0.01%
HRL	F	0.02%	0.01%	0.01%
HST	D	0.02%	0.01%	0.01%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.05%	0.01%	0.01%
HUM	F	0.06%	0.01%	0.01%
IBM	C	0.39%	0.01%	0.01%
ICE	C	0.19%	0.01%	0.01%
IEX	A	0.03%	0.01%	0.01%
IFF	D	0.05%	0.01%	0.01%
ILMN	B	0.04%	0.01%	0.01%
INTC	D	0.19%	0.01%	0.01%
INTU	D	0.34%	0.01%	0.01%
INVH	F	0.04%	0.01%	0.01%
IP	A	0.03%	0.01%	0.01%
IPG	F	0.02%	0.01%	0.01%
ITW	A	0.15%	0.01%	0.01%
JBHT	A	0.03%	0.01%	0.01%
JCI	B	0.1%	0.01%	0.01%
JNJ	D	0.77%	0.01%	0.01%
JNPR	A	0.03%	0.01%	0.01%
JPM	A	1.25%	0.01%	0.01%
K	A	0.04%	0.01%	0.01%
KDP	F	0.07%	0.01%	0.01%
KEY	B	0.03%	0.01%	0.01%
KEYS	C	0.05%	0.01%	0.01%
KIM	B	0.03%	0.01%	0.01%
KLAC	F	0.18%	0.01%	0.01%
KMB	D	0.09%	0.01%	0.01%
KMI	A	0.1%	0.01%	0.01%
KO	D	0.52%	0.01%	0.01%
KR	B	0.08%	0.01%	0.01%
L	C	0.03%	0.01%	0.01%
LDOS	A	0.04%	0.01%	0.01%
LEN	D	0.0%	0.01%	0.0%
LEN	D	0.08%	0.01%	0.01%
LH	A	0.04%	0.01%	0.01%
LHX	A	0.09%	0.01%	0.01%
LII	B	0.04%	0.01%	0.01%
LIN	C	0.45%	0.01%	0.01%
LLY	D	1.5%	0.01%	0.01%
LMT	D	0.24%	0.01%	0.01%
LNT	B	0.03%	0.01%	0.01%
LOW	B	0.3%	0.01%	0.01%
LRCX	F	0.2%	0.01%	0.01%
LUV	A	0.03%	0.01%	0.01%
LVS	B	0.04%	0.01%	0.01%
LYB	F	0.04%	0.01%	0.01%
MA	B	0.82%	0.01%	0.01%
MAA	D	0.04%	0.01%	0.01%
MAR	A	0.12%	0.01%	0.01%
MAS	C	0.04%	0.01%	0.01%
MCD	C	0.42%	0.01%	0.01%
MCHP	F	0.08%	0.01%	0.01%
MCK	F	0.13%	0.01%	0.01%
MCO	D	0.15%	0.01%	0.01%
MDLZ	D	0.18%	0.01%	0.01%
MDT	B	0.23%	0.01%	0.01%
MET	C	0.1%	0.01%	0.01%
MKC	D	0.04%	0.01%	0.01%
MKL	C	0.04%	0.01%	0.01%
MLM	A	0.07%	0.01%	0.01%
MMC	D	0.22%	0.01%	0.01%
MMM	D	0.14%	0.01%	0.01%
MO	A	0.17%	0.01%	0.01%
MOS	B	0.02%	0.01%	0.01%
MPC	F	0.1%	0.01%	0.01%
MRK	F	0.52%	0.01%	0.01%
MRO	B	0.03%	0.01%	0.01%
MRVL	B	0.14%	0.01%	0.01%
MS	B	0.29%	0.01%	0.01%
MSFT	D	6.3%	0.01%	0.01%
MSI	C	0.15%	0.01%	0.01%
MTB	B	0.06%	0.01%	0.01%
MU	C	0.24%	0.01%	0.01%
NDAQ	B	0.06%	0.01%	0.01%
NEE	D	0.33%	0.01%	0.01%
NEM	D	0.11%	0.01%	0.01%
NI	A	0.03%	0.01%	0.01%
NKE	F	0.18%	0.01%	0.01%
NOC	D	0.15%	0.01%	0.01%
NOW	B	0.39%	0.01%	0.01%
NSC	B	0.11%	0.01%	0.01%
NTAP	D	0.05%	0.01%	0.01%
NTRS	A	0.04%	0.01%	0.01%
NUE	F	0.07%	0.01%	0.01%
NVDA	B	6.65%	0.01%	0.01%
NVR	D	0.05%	0.01%	0.01%
NXPI	D	0.12%	0.01%	0.01%
O	C	0.11%	0.01%	0.01%
OC	B	0.03%	0.01%	0.01%
OKE	A	0.11%	0.01%	0.01%
OMC	B	0.04%	0.01%	0.01%
ORCL	B	0.55%	0.01%	0.01%
ORLY	C	0.14%	0.01%	0.01%
OTIS	C	0.08%	0.01%	0.01%
PCAR	C	0.11%	0.01%	0.01%
PCG	B	0.08%	0.01%	0.01%
PEG	B	0.09%	0.01%	0.01%
PEP	D	0.47%	0.01%	0.01%
PFE	D	0.32%	0.01%	0.01%
PFG	C	0.04%	0.01%	0.01%
PG	D	0.79%	0.01%	0.01%
PGR	D	0.28%	0.01%	0.01%
PH	A	0.16%	0.01%	0.01%
PHM	D	0.06%	0.01%	0.01%
PKG	A	0.04%	0.01%	0.01%
PLD	F	0.22%	0.01%	0.01%
PM	A	0.4%	0.01%	0.01%
PNC	A	0.15%	0.01%	0.01%
PNR	A	0.03%	0.01%	0.01%
PPG	F	0.06%	0.01%	0.01%
PPL	A	0.05%	0.01%	0.01%
PRU	B	0.09%	0.01%	0.01%
PSA	D	0.11%	0.01%	0.01%
PSX	F	0.11%	0.01%	0.01%
PWR	B	0.09%	0.01%	0.01%
PYPL	B	0.17%	0.01%	0.01%
QCOM	D	0.38%	0.01%	0.01%
QRVO	F	0.02%	0.01%	0.01%
REG	C	0.02%	0.01%	0.01%
REGN	F	0.2%	0.01%	0.01%
RF	A	0.04%	0.01%	0.01%
RGA	D	0.03%	0.01%	0.01%
RJF	A	0.05%	0.01%	0.01%
ROK	C	0.06%	0.01%	0.01%
ROP	D	0.11%	0.01%	0.01%
ROST	F	0.09%	0.01%	0.01%
RPRX	F	0.02%	0.01%	0.01%
RSG	D	0.08%	0.01%	0.01%
RTX	C	0.33%	0.01%	0.01%
SBUX	A	0.22%	0.01%	0.01%
SCCO	B	0.02%	0.01%	0.01%
SCHW	B	0.2%	0.01%	0.01%
SHW	D	0.17%	0.01%	0.01%
SJM	F	0.02%	0.01%	0.01%
SLB	F	0.12%	0.01%	0.01%
SNA	A	0.03%	0.01%	0.01%
SO	B	0.2%	0.01%	0.01%
SPG	B	0.1%	0.01%	0.01%
SPGI	D	0.3%	0.01%	0.01%
SRE	B	0.11%	0.01%	0.01%
STE	D	0.04%	0.01%	0.01%
STLD	B	0.04%	0.01%	0.01%
STT	A	0.05%	0.01%	0.01%
STZ	F	0.08%	0.01%	0.01%
SUI	D	0.03%	0.01%	0.01%
SWK	D	0.03%	0.01%	0.01%
SWKS	F	0.03%	0.01%	0.01%
SYF	B	0.04%	0.01%	0.01%
SYK	C	0.25%	0.01%	0.01%
SYY	D	0.07%	0.01%	0.01%
T	A	0.31%	0.01%	0.01%
TAP	D	0.02%	0.01%	0.01%
TDY	B	0.04%	0.01%	0.01%
TFC	B	0.11%	0.01%	0.01%
TGT	F	0.14%	0.01%	0.01%
TJX	D	0.26%	0.01%	0.01%
TMO	F	0.42%	0.01%	0.01%
TMUS	B	0.22%	0.01%	0.01%
TRMB	B	0.03%	0.01%	0.01%
TRV	B	0.11%	0.01%	0.01%
TSCO	D	0.06%	0.01%	0.01%
TSN	D	0.03%	0.01%	0.01%
TT	C	0.18%	0.01%	0.01%
TXN	B	0.37%	0.01%	0.01%
TXT	F	0.03%	0.01%	0.01%
UAL	A	0.05%	0.01%	0.01%
UDR	D	0.03%	0.01%	0.01%
UHS	D	0.02%	0.01%	0.01%
UNH	D	1.03%	0.01%	0.01%
UNP	D	0.28%	0.01%	0.01%
UPS	C	0.2%	0.01%	0.01%
USB	B	0.15%	0.01%	0.01%
V	A	0.93%	0.01%	0.01%
VLO	F	0.08%	0.01%	0.01%
VMC	A	0.07%	0.01%	0.01%
VRSK	B	0.07%	0.01%	0.01%
VRSN	F	0.03%	0.01%	0.01%
VTR	A	0.05%	0.01%	0.01%
VTRS	C	0.03%	0.01%	0.01%
VZ	D	0.34%	0.01%	0.01%
WAB	A	0.07%	0.01%	0.01%
WBA	C	0.01%	0.01%	0.01%
WEC	B	0.06%	0.01%	0.01%
WELL	A	0.16%	0.01%	0.01%
WFC	A	0.43%	0.01%	0.01%
WLK	F	0.01%	0.01%	0.01%
WM	A	0.15%	0.01%	0.01%
WMB	A	0.13%	0.01%	0.01%
WMT	A	0.71%	0.01%	0.01%
WPC	F	0.02%	0.01%	0.01%
WRB	C	0.04%	0.01%	0.01%
WY	F	0.05%	0.01%	0.01%
XEL	A	0.07%	0.01%	0.01%
XOM	C	1.05%	0.01%	0.01%
XYL	F	0.06%	0.01%	0.01%
ZBH	D	0.04%	0.01%	0.01%
ZTS	D	0.16%	0.01%	0.01%

BBUS Overweight 180 Positions Relative to BND

Symbol	Grade	Weight
META	B	2.49%
GOOG	A	1.72%
BRK.A	D	1.62%
TSLA	A	1.48%
NFLX	A	0.64%
AMD	F	0.5%
ACN	C	0.45%
ISRG	B	0.36%
UBER	C	0.31%
BX	B	0.24%
VRTX	A	0.24%
FI	B	0.23%
PANW	B	0.23%
ELV	F	0.2%
MELI	C	0.2%
ANET	B	0.2%
PLTR	B	0.18%
KKR	B	0.18%
GEV	A	0.16%
CMG	D	0.16%
CEG	B	0.16%
TDG	C	0.15%
SNPS	B	0.15%
CRWD	C	0.14%
FCX	D	0.13%
TTD	A	0.11%
URI	B	0.11%
ABNB	C	0.11%
HLT	B	0.11%
FICO	B	0.1%
WDAY	F	0.1%
FAST	A	0.09%
F	D	0.09%
CPRT	D	0.09%
PAYX	B	0.09%
MSCI	C	0.09%
RCL	A	0.09%
DASH	A	0.09%
SNOW	C	0.08%
AME	A	0.08%
IR	B	0.08%
IQV	F	0.08%
KVUE	A	0.08%
IT	C	0.08%
COR	D	0.08%
VST	B	0.08%
SQ	B	0.08%
CBRE	A	0.08%
COIN	D	0.08%
VRT	B	0.08%
HWM	B	0.08%
MPWR	F	0.08%
LNG	A	0.08%
VICI	D	0.07%
LULU	C	0.07%
CNC	F	0.07%
GEHC	D	0.07%
ALNY	C	0.07%
TRGP	A	0.07%
IDXX	F	0.07%
IRM	B	0.07%
YUM	D	0.07%
DDOG	B	0.07%
CTSH	D	0.07%
MNST	C	0.07%
ODFL	A	0.07%
RMD	B	0.07%
BKR	A	0.07%
ANSS	C	0.06%
HUBS	B	0.06%
CDW	F	0.06%
DXCM	C	0.06%
TEAM	B	0.06%
WTW	A	0.06%
CSGP	F	0.06%
KHC	D	0.06%
ON	D	0.06%
CPNG	A	0.06%
VEEV	C	0.06%
ARES	A	0.06%
AXON	B	0.06%
OXY	F	0.06%
SW	C	0.05%
FCNCA	C	0.05%
BAH	A	0.05%
CPAY	B	0.05%
SMCI	F	0.05%
VLTO	D	0.05%
TROW	C	0.05%
GRMN	B	0.05%
TYL	A	0.05%
DECK	B	0.05%
SBAC	C	0.05%
TTWO	A	0.05%
NET	B	0.05%
MTD	F	0.05%
J	D	0.04%
CTRA	B	0.04%
MRNA	F	0.04%
ULTA	F	0.04%
NRG	A	0.04%
ZBRA	A	0.04%
MOH	D	0.04%
HOLX	C	0.04%
MDB	F	0.04%
WAT	D	0.04%
PINS	C	0.04%
LPLA	A	0.04%
TRU	C	0.04%
FSLR	F	0.04%
BALL	F	0.04%
STX	C	0.04%
CCL	A	0.04%
EQT	B	0.04%
TPL	A	0.04%
GDDY	A	0.04%
BLDR	F	0.04%
RBLX	A	0.04%
PTC	A	0.04%
WST	B	0.04%
WDC	D	0.04%
FFIV	A	0.03%
EXAS	B	0.03%
BMRN	F	0.03%
EWBC	A	0.03%
JKHY	B	0.03%
ROL	D	0.03%
POOL	C	0.03%
DOCU	B	0.03%
RVTY	C	0.03%
DPZ	D	0.03%
SSNC	D	0.03%
AVTR	F	0.03%
HEI	D	0.03%
GEN	A	0.03%
AKAM	C	0.03%
ENTG	F	0.03%
BURL	D	0.03%
PODD	B	0.03%
ALGN	F	0.03%
WSO	D	0.03%
EXPD	D	0.03%
ZS	C	0.03%
WBD	C	0.03%
LYV	A	0.03%
FDS	B	0.03%
ZM	A	0.03%
TER	F	0.03%
PAYC	A	0.02%
APA	F	0.02%
CRL	F	0.02%
WYNN	B	0.02%
Z	D	0.02%
MGM	D	0.02%
NWSA	B	0.02%
LKQ	F	0.02%
DAY	A	0.02%
INCY	A	0.02%
EPAM	F	0.02%
HEI	D	0.02%
CG	B	0.02%
TECH	B	0.02%
TFX	F	0.02%
LW	B	0.02%
CCK	B	0.02%
SNAP	B	0.02%
KMX	F	0.02%
ENPH	F	0.02%
OKTA	F	0.02%
NBIX	D	0.02%
TWLO	A	0.02%
ELS	C	0.02%
NWS	A	0.01%
ZG	D	0.01%
FOX	A	0.01%
U	C	0.01%
SIRI	C	0.01%
BSY	F	0.01%
ACI	F	0.01%
CRBG	A	0.01%

BBUS Underweight 183 Positions Relative to BND

Symbol	Grade	Weight
WIT	B	-0.09%
LXP	D	-0.01%
PAA	D	-0.01%
NFG	B	-0.01%
OSK	D	-0.01%
ORI	C	-0.01%
OCSL	D	-0.01%
NYC	D	-0.01%
NWE	D	-0.01%
MCY	B	-0.01%
PDM	C	-0.01%
GSBD	D	-0.01%
HUN	D	-0.01%
HRB	D	-0.01%
HPP	F	-0.01%
INGR	C	-0.01%
JBLU	D	-0.01%
JBL	B	-0.01%
ET	A	-0.01%
FSK	B	-0.01%
CAF	B	-0.01%
BWA	C	-0.01%
FHN	A	-0.01%
CUBE	D	-0.01%
FAF	D	-0.01%
DSS	C	-0.01%
COKE	D	-0.01%
AL	C	-0.01%
AYI	B	-0.01%
AWH	D	-0.01%
CM	A	-0.01%
AVA	D	-0.01%
AER	C	-0.01%
CHI	C	-0.01%
BLK	B	-0.01%
BKH	C	-0.01%
BIDU	F	-0.01%
BHF	B	-0.01%
BERY	A	-0.01%
CP	F	-0.01%
COO	D	-0.01%
THG	B	-0.01%
TEL	C	-0.01%
ZION	A	-0.01%
TME	D	-0.01%
NOV	F	-0.01%
NNN	D	-0.01%
OHI	A	-0.01%
OGS	C	-0.01%
OGE	C	-0.01%
LEA	F	-0.01%
MPLX	A	-0.01%
IVZ	B	-0.01%
GLPI	D	-0.01%
JLL	A	-0.01%
GL	C	-0.01%
JHG	A	-0.01%
JEF	B	-0.01%
JD	A	-0.01%
KMT	D	-0.01%
KMPR	B	-0.01%
GBDC	B	-0.01%
UNM	A	-0.01%
WB	B	-0.01%
UBS	C	-0.01%
VNT	B	-0.01%
WTFC	A	-0.01%
R	A	-0.01%
SLG	B	-0.01%
SKT	B	-0.01%
SITC	F	-0.01%
RS	C	-0.01%
RPM	B	-0.01%
RL	B	-0.01%
RIV	C	-0.01%
SCS	F	-0.01%
REXR	F	-0.01%
SAVE	D	-0.01%
SAFE	D	-0.01%
SON	F	-0.01%
SNX	C	-0.01%
SNV	A	-0.01%
NHI	C	-0.01%
NEU	F	-0.01%
LNC	A	-0.01%
MHK	D	-0.01%
NVT	A	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HP	C	-0.01%
HOG	F	-0.01%
HIW	B	-0.01%
HAS	D	-0.01%
H	D	-0.01%
GXO	B	-0.01%
ESGR	B	-0.01%
EPRT	C	-0.01%
EPR	D	-0.01%
FRT	D	-0.01%
BRX	C	-0.01%
AAT	B	-0.01%
AAP	F	-0.01%
PECO	B	-0.01%
EE	A	-0.01%
DXC	F	-0.01%
CTS	A	-0.01%
CSL	C	-0.01%
FMC	B	-0.01%
FLS	B	-0.01%
FLO	F	-0.01%
DOX	B	-0.01%
BC	D	-0.01%
COE	A	-0.01%
AIZ	D	-0.01%
CNO	C	-0.01%
CNA	D	-0.01%
AXS	C	-0.01%
AVT	B	-0.01%
CMA	A	-0.01%
AGO	B	-0.01%
CHRW	C	-0.01%
CHH	A	-0.01%
BMO	B	-0.01%
ARW	D	-0.01%
ADC	C	-0.01%
ARCC	B	-0.01%
CBT	C	-0.01%
CBOE	A	-0.01%
AN	F	-0.01%
CACC	F	-0.01%
BDN	C	-0.01%
BCSF	A	-0.01%
AMH	F	-0.01%
AMG	A	-0.01%
AAL	A	-0.01%
XRAY	F	-0.01%
TKR	D	-0.01%
OPI	F	-0.01%
LEG	F	-0.01%
LAZ	A	-0.01%
MP	B	-0.01%
KEX	C	-0.01%
KSS	F	-0.01%
KRG	C	-0.01%
KRC	B	-0.01%
KOF	F	-0.01%
WBS	B	-0.01%
TSLX	C	-0.01%
SWX	B	-0.01%
VOYA	B	-0.01%
VNO	B	-0.01%
VMI	B	-0.01%
STLA	F	-0.01%
WU	F	-0.01%
WTRG	C	-0.01%
WEST	F	-0.01%
VFC	A	-0.01%
WHR	B	-0.01%
PNW	D	-0.01%
RYN	C	-0.01%
SIGI	D	-0.01%
RNR	C	-0.01%
SF	A	-0.01%
PSEC	B	-0.01%
SBRA	A	-0.01%
PRE	C	-0.01%
MAIN	A	-0.01%
RY	C	-0.01%
BHP	D	-0.01%
DB	B	-0.01%
EDC	C	-0.01%
GSK	F	-0.01%
EPD	C	-0.01%
BNS	C	-0.01%
EQNR	F	-0.01%
ALLY	D	-0.01%
BABA	B	-0.01%
VOD	D	-0.01%
AZN	F	-0.01%
NWG	A	-0.01%
MUFG	A	-0.01%
TD	F	-0.01%
HSBC	A	-0.01%