BND vs. DTD ETF Comparison

Comparison of Vanguard Total Bond Market ETF (BND) to WisdomTree Total Dividend Fund (DTD)

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

$71.81

Average Daily Volume

6,855,363

Number of Holdings ^*

550

* may have additional holdings in another (foreign) market

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$70.95

Average Daily Volume

19,587

Number of Holdings ^*

807

* may have additional holdings in another (foreign) market

Performance

Period	BND	DTD
30 Days	1.61%	5.96%
60 Days	0.44%	3.25%
90 Days	0.62%	6.45%
12 Months	1.91%	21.28%

370 Overlapping Holdings

Symbol	Grade	Weight in BND	Weight in DTD	Overlap
A	A	0.01%	0.05%	0.01%
AAPL	B	0.01%	2.91%	0.01%
ABBV	D	0.01%	2.27%	0.01%
ABT	F	0.01%	0.45%	0.01%
ADI	A	0.01%	0.24%	0.01%
ADM	D	0.01%	0.1%	0.01%
ADP	C	0.01%	0.32%	0.01%
AEE	C	0.01%	0.12%	0.01%
AEP	B	0.01%	0.25%	0.01%
AFG	B	0.01%	0.03%	0.01%
AFL	A	0.01%	0.23%	0.01%
AIG	C	0.01%	0.16%	0.01%
AIZ	D	0.01%	0.03%	0.01%
AJG	B	0.01%	0.07%	0.01%
AL	B	0.01%	0.02%	0.01%
ALB	D	0.01%	0.03%	0.01%
ALL	D	0.01%	0.15%	0.01%
ALLY	B	0.01%	0.05%	0.01%
AMAT	A	0.01%	0.19%	0.01%
AMGN	B	0.01%	0.64%	0.01%
AMH	B	0.01%	0.02%	0.01%
AMP	A	0.01%	0.13%	0.01%
AMT	D	0.01%	0.29%	0.01%
APD	D	0.01%	0.18%	0.01%
APH	A	0.01%	0.15%	0.01%
APO	B	0.01%	0.16%	0.01%
ARE	C	0.01%	0.08%	0.01%
ATO	C	0.01%	0.09%	0.01%
AVA	C	0.01%	0.02%	0.01%
AVB	B	0.01%	0.17%	0.01%
AVGO	A	0.01%	2.24%	0.01%
AVT	B	0.01%	0.03%	0.01%
AVY	B	0.01%	0.04%	0.01%
AWK	C	0.01%	0.07%	0.01%
AXP	B	0.01%	0.3%	0.01%
BAC	B	0.01%	1.16%	0.01%
BBY	D	0.01%	0.11%	0.01%
BC	D	0.01%	0.02%	0.01%
BDX	F	0.01%	0.14%	0.01%
BEN	F	0.01%	0.06%	0.01%
BERY	D	0.01%	0.02%	0.01%
BK	A	0.01%	0.19%	0.01%
BKH	C	0.01%	0.02%	0.01%
BLK	C	0.01%	0.4%	0.01%
BMY	F	0.01%	0.5%	0.01%
BR	C	0.01%	0.07%	0.01%
BRO	A	0.01%	0.03%	0.01%
BRX	C	0.01%	0.04%	0.01%
BWA	C	0.01%	0.02%	0.01%
C	A	0.01%	0.68%	0.01%
CACC	D	0.01%	0.01%	0.01%
CAG	C	0.01%	0.1%	0.01%
CAH	F	0.01%	0.06%	0.01%
CARR	B	0.01%	0.1%	0.01%
CAT	C	0.01%	0.46%	0.01%
CBOE	D	0.01%	0.06%	0.01%
CBT	B	0.01%	0.03%	0.01%
CCI	D	0.01%	0.25%	0.01%
CE	D	0.01%	0.05%	0.01%
CF	F	0.01%	0.04%	0.01%
CHD	B	0.01%	0.05%	0.01%
CHH	F	0.01%	0.01%	0.01%
CHRW	C	0.01%	0.03%	0.01%
CI	D	0.01%	0.25%	0.01%
CINF	D	0.01%	0.07%	0.01%
CL	B	0.01%	0.36%	0.01%
CLX	F	0.01%	0.07%	0.01%
CMA	B	0.01%	0.04%	0.01%
CMCSA	F	0.01%	0.87%	0.01%
CME	D	0.01%	0.19%	0.01%
CMI	B	0.01%	0.15%	0.01%
CMS	B	0.01%	0.08%	0.01%
CNA	C	0.01%	0.06%	0.01%
CNO	B	0.01%	0.02%	0.01%
CNP	B	0.01%	0.06%	0.01%
COF	B	0.01%	0.14%	0.01%
COP	D	0.01%	0.41%	0.01%
COST	A	0.01%	0.44%	0.01%
CPB	C	0.01%	0.07%	0.01%
CPT	B	0.01%	0.03%	0.01%
CSCO	D	0.01%	1.19%	0.01%
CSL	B	0.01%	0.05%	0.01%
CSX	D	0.01%	0.11%	0.01%
CTAS	B	0.01%	0.13%	0.01%
CUBE	D	0.01%	0.06%	0.01%
CVS	F	0.01%	0.31%	0.01%
CVX	C	0.01%	1.71%	0.01%
D	B	0.01%	0.31%	0.01%
DAL	B	0.01%	0.05%	0.01%
DD	B	0.01%	0.09%	0.01%
DE	C	0.01%	0.22%	0.01%
DELL	B	0.01%	0.07%	0.01%
DFS	C	0.01%	0.1%	0.01%
DGX	B	0.01%	0.04%	0.01%
DHI	C	0.01%	0.07%	0.01%
DHR	A	0.01%	0.18%	0.01%
DLR	C	0.01%	0.17%	0.01%
DOV	B	0.01%	0.07%	0.01%
DOW	B	0.01%	0.27%	0.01%
DRI	F	0.01%	0.12%	0.01%
DTE	B	0.01%	0.1%	0.01%
DUK	A	0.01%	0.43%	0.01%
EA	F	0.01%	0.04%	0.01%
EBAY	B	0.01%	0.08%	0.01%
ECL	B	0.01%	0.14%	0.01%
ED	B	0.01%	0.22%	0.01%
EFX	C	0.01%	0.03%	0.01%
EIX	A	0.01%	0.15%	0.01%
EMN	B	0.01%	0.06%	0.01%
EMR	B	0.01%	0.18%	0.01%
EOG	D	0.01%	0.46%	0.01%
EPR	C	0.01%	0.02%	0.01%
EQH	B	0.01%	0.05%	0.01%
EQIX	D	0.01%	0.14%	0.01%
EQR	B	0.01%	0.12%	0.01%
ES	C	0.01%	0.11%	0.01%
ESS	B	0.01%	0.05%	0.01%
ETR	A	0.01%	0.2%	0.01%
EVRG	C	0.01%	0.07%	0.01%
EXC	C	0.01%	0.18%	0.01%
EXR	C	0.01%	0.16%	0.01%
FAF	D	0.01%	0.03%	0.01%
FANG	C	0.01%	0.12%	0.01%
FDX	D	0.01%	0.16%	0.01%
FE	B	0.01%	0.12%	0.01%
FIS	A	0.01%	0.19%	0.01%
FITB	A	0.01%	0.15%	0.01%
FLO	C	0.01%	0.04%	0.01%
FLS	A	0.01%	0.03%	0.01%
FNF	B	0.01%	0.07%	0.01%
FRT	B	0.01%	0.03%	0.01%
FTV	D	0.01%	0.04%	0.01%
GD	B	0.01%	0.21%	0.01%
GE	C	0.01%	0.17%	0.01%
GILD	F	0.01%	0.39%	0.01%
GIS	C	0.01%	0.18%	0.01%
GL	F	0.01%	0.01%	0.01%
GLPI	C	0.01%	0.07%	0.01%
GLW	A	0.01%	0.14%	0.01%
GM	B	0.01%	0.1%	0.01%
GPC	C	0.01%	0.08%	0.01%
GPN	F	0.01%	0.04%	0.01%
GS	A	0.01%	0.6%	0.01%
GWW	D	0.01%	0.09%	0.01%
HAL	F	0.01%	0.07%	0.01%
HBAN	A	0.01%	0.14%	0.01%
HCA	C	0.01%	0.11%	0.01%
HD	D	0.01%	1.71%	0.01%
HES	C	0.01%	0.08%	0.01%
HIG	B	0.01%	0.13%	0.01%
HII	D	0.01%	0.03%	0.01%
HOG	D	0.01%	0.01%	0.01%
HON	B	0.01%	0.54%	0.01%
HP	F	0.01%	0.01%	0.01%
HPE	C	0.01%	0.08%	0.01%
HPQ	C	0.01%	0.13%	0.01%
HRB	B	0.01%	0.04%	0.01%
HRL	C	0.01%	0.09%	0.01%
HST	D	0.01%	0.04%	0.01%
HSY	C	0.01%	0.09%	0.01%
HUBB	C	0.01%	0.05%	0.01%
HUM	D	0.01%	0.04%	0.01%
HUN	D	0.01%	0.02%	0.01%
IBM	D	0.01%	1.14%	0.01%
ICE	B	0.01%	0.21%	0.01%
IEX	D	0.01%	0.02%	0.01%
INGR	C	0.01%	0.04%	0.01%
INTC	F	0.01%	0.19%	0.01%
INTU	C	0.01%	0.18%	0.01%
INVH	A	0.01%	0.05%	0.01%
IP	B	0.01%	0.08%	0.01%
IPG	D	0.01%	0.06%	0.01%
ITW	D	0.01%	0.32%	0.01%
JBHT	F	0.01%	0.03%	0.01%
JBL	F	0.01%	0.02%	0.01%
JEF	A	0.01%	0.05%	0.01%
JNJ	D	0.01%	2.05%	0.01%
JNPR	D	0.01%	0.05%	0.01%
JPM	A	0.01%	2.81%	0.01%
K	B	0.01%	0.1%	0.01%
KDP	B	0.01%	0.18%	0.01%
KIM	C	0.01%	0.05%	0.01%
KLAC	A	0.01%	0.13%	0.01%
KMB	C	0.01%	0.33%	0.01%
KMPR	C	0.01%	0.01%	0.01%
KMT	C	0.01%	0.02%	0.01%
KO	B	0.01%	1.62%	0.01%
KR	D	0.01%	0.17%	0.01%
KRC	D	0.01%	0.0%	0.0%
KSS	D	0.01%	0.03%	0.01%
L	C	0.01%	0.01%	0.01%
LDOS	B	0.01%	0.04%	0.01%
LEA	F	0.01%	0.03%	0.01%
LEG	F	0.01%	0.01%	0.01%
LEN	B	0.01%	0.07%	0.01%
LH	D	0.01%	0.03%	0.01%
LHX	B	0.01%	0.12%	0.01%
LII	B	0.01%	0.04%	0.01%
LLY	B	0.01%	0.71%	0.01%
LMT	B	0.01%	0.43%	0.01%
LNC	C	0.01%	0.04%	0.01%
LNT	B	0.01%	0.05%	0.01%
LOW	D	0.01%	0.56%	0.01%
LRCX	C	0.01%	0.18%	0.01%
LUV	F	0.01%	0.06%	0.01%
LVS	F	0.01%	0.09%	0.01%
LXP	D	0.01%	0.01%	0.01%
MA	D	0.01%	0.44%	0.01%
MAA	C	0.01%	0.05%	0.01%
MAR	D	0.01%	0.14%	0.01%
MAS	D	0.01%	0.05%	0.01%
MCD	D	0.01%	0.86%	0.01%
MCHP	B	0.01%	0.12%	0.01%
MCK	B	0.01%	0.07%	0.01%
MCO	B	0.01%	0.11%	0.01%
MCY	B	0.01%	0.02%	0.01%
MDLZ	C	0.01%	0.46%	0.01%
MET	B	0.01%	0.22%	0.01%
MKC	C	0.01%	0.06%	0.01%
MLM	C	0.01%	0.05%	0.01%
MMC	B	0.01%	0.26%	0.01%
MO	A	0.01%	0.66%	0.01%
MOS	F	0.01%	0.03%	0.01%
MPC	D	0.01%	0.3%	0.01%
MRK	B	0.01%	1.2%	0.01%
MRO	D	0.01%	0.04%	0.01%
MS	A	0.01%	0.84%	0.01%
MSFT	B	0.01%	3.21%	0.01%
MSI	A	0.01%	0.12%	0.01%
MTB	B	0.01%	0.13%	0.01%
MU	B	0.01%	0.12%	0.01%
NDAQ	C	0.01%	0.07%	0.01%
NEU	D	0.01%	0.02%	0.01%
NFG	B	0.01%	0.03%	0.01%
NI	A	0.01%	0.06%	0.01%
NKE	F	0.01%	0.2%	0.01%
NNN	B	0.01%	0.05%	0.01%
NOC	C	0.01%	0.14%	0.01%
NOV	F	0.01%	0.02%	0.01%
NSC	D	0.01%	0.15%	0.01%
NTAP	B	0.01%	0.09%	0.01%
NTRS	B	0.01%	0.08%	0.01%
NUE	D	0.01%	0.07%	0.01%
NVDA	B	0.01%	1.96%	0.01%
NWE	C	0.01%	0.02%	0.01%
NYCB	D	0.01%	0.03%	0.01%
O	C	0.01%	0.3%	0.01%
OC	B	0.01%	0.04%	0.01%
OGE	B	0.01%	0.07%	0.01%
OGS	D	0.01%	0.02%	0.01%
OKE	B	0.01%	0.31%	0.01%
OMC	A	0.01%	0.09%	0.01%
ORCL	C	0.01%	0.56%	0.01%
ORI	B	0.01%	0.06%	0.01%
OSK	C	0.01%	0.02%	0.01%
OTIS	C	0.01%	0.11%	0.01%
PCAR	D	0.01%	0.31%	0.01%
PCG	A	0.01%	0.03%	0.01%
PEG	A	0.01%	0.24%	0.01%
PEP	B	0.01%	1.4%	0.01%
PFG	B	0.01%	0.1%	0.01%
PG	B	0.01%	1.87%	0.01%
PGR	C	0.01%	0.12%	0.01%
PH	B	0.01%	0.18%	0.01%
PHM	A	0.01%	0.05%	0.01%
PKG	C	0.01%	0.09%	0.01%
PLD	F	0.01%	0.33%	0.01%
PM	A	0.01%	1.09%	0.01%
PNC	A	0.01%	0.33%	0.01%
PNW	C	0.01%	0.07%	0.01%
PPG	D	0.01%	0.11%	0.01%
PPL	A	0.01%	0.1%	0.01%
PRU	A	0.01%	0.26%	0.01%
PSA	C	0.01%	0.24%	0.01%
PSX	D	0.01%	0.26%	0.01%
PWR	B	0.01%	0.04%	0.01%
QCOM	B	0.01%	0.57%	0.01%
R	A	0.01%	0.03%	0.01%
REG	C	0.01%	0.03%	0.01%
REXR	F	0.01%	0.01%	0.01%
RF	B	0.01%	0.13%	0.01%
RGA	A	0.01%	0.07%	0.01%
RJF	B	0.01%	0.05%	0.01%
RL	D	0.01%	0.03%	0.01%
ROK	F	0.01%	0.08%	0.01%
ROP	D	0.01%	0.05%	0.01%
ROST	D	0.01%	0.07%	0.01%
RPM	C	0.01%	0.04%	0.01%
RS	D	0.01%	0.05%	0.01%
RSG	D	0.01%	0.1%	0.01%
RTX	B	0.01%	0.54%	0.01%
RYN	F	0.01%	0.01%	0.01%
SAVE	F	0.01%	0.0%	0.0%
SBRA	C	0.01%	0.02%	0.01%
SBUX	F	0.01%	0.27%	0.01%
SCHW	A	0.01%	0.27%	0.01%
SF	A	0.01%	0.03%	0.01%
SHW	D	0.01%	0.13%	0.01%
SIGI	F	0.01%	0.01%	0.01%
SJM	F	0.01%	0.06%	0.01%
SKT	C	0.01%	0.01%	0.01%
SLG	C	0.01%	0.01%	0.01%
SNA	D	0.01%	0.08%	0.01%
SNV	B	0.01%	0.03%	0.01%
SNX	A	0.01%	0.02%	0.01%
SO	B	0.01%	0.41%	0.01%
SON	B	0.01%	0.04%	0.01%
SPG	C	0.01%	0.38%	0.01%
SPGI	C	0.01%	0.16%	0.01%
SRE	A	0.01%	0.19%	0.01%
STLD	D	0.01%	0.05%	0.01%
STT	B	0.01%	0.12%	0.01%
STZ	D	0.01%	0.14%	0.01%
SUI	F	0.01%	0.02%	0.01%
SWK	D	0.01%	0.06%	0.01%
SWKS	F	0.01%	0.05%	0.01%
SWX	B	0.01%	0.03%	0.01%
SYF	C	0.01%	0.07%	0.01%
SYK	D	0.01%	0.24%	0.01%
SYY	D	0.01%	0.2%	0.01%
TAP	F	0.01%	0.05%	0.01%
TGT	D	0.01%	0.28%	0.01%
THG	C	0.01%	0.01%	0.01%
TJX	B	0.01%	0.32%	0.01%
TKR	B	0.01%	0.04%	0.01%
TMO	B	0.01%	0.21%	0.01%
TMUS	C	0.01%	0.62%	0.01%
TRV	D	0.01%	0.14%	0.01%
TSCO	B	0.01%	0.09%	0.01%
TSN	B	0.01%	0.09%	0.01%
TXN	A	0.01%	0.66%	0.01%
TXT	D	0.01%	0.02%	0.01%
UDR	C	0.01%	0.05%	0.01%
UHS	B	0.01%	0.02%	0.01%
UNH	C	0.01%	1.21%	0.01%
UNM	B	0.01%	0.05%	0.01%
UNP	B	0.01%	0.41%	0.01%
UPS	D	0.01%	0.57%	0.01%
USB	C	0.01%	0.4%	0.01%
V	C	0.01%	0.68%	0.01%
VLO	D	0.01%	0.22%	0.01%
VMC	B	0.01%	0.05%	0.01%
VMI	C	0.01%	0.01%	0.01%
VOYA	B	0.01%	0.01%	0.01%
VRSK	B	0.01%	0.05%	0.01%
VTR	B	0.01%	0.07%	0.01%
VTRS	D	0.01%	0.1%	0.01%
WAB	A	0.01%	0.04%	0.01%
WBS	D	0.01%	0.03%	0.01%
WEC	C	0.01%	0.12%	0.01%
WELL	A	0.01%	0.16%	0.01%
WFC	A	0.01%	0.85%	0.01%
WLK	B	0.01%	0.03%	0.01%
WM	D	0.01%	0.26%	0.01%
WMB	B	0.01%	0.28%	0.01%
WMT	D	0.01%	1.31%	0.01%
WPC	C	0.01%	0.08%	0.01%
WRB	D	0.01%	0.07%	0.01%
WRK	A	0.01%	0.06%	0.01%
WTFC	B	0.01%	0.01%	0.01%
WTRG	C	0.01%	0.05%	0.01%
WU	D	0.01%	0.04%	0.01%
WY	F	0.01%	0.04%	0.01%
XEL	D	0.01%	0.21%	0.01%
XOM	B	0.01%	2.7%	0.01%
XRAY	F	0.01%	0.01%	0.01%
XYL	A	0.01%	0.05%	0.01%
ZBH	D	0.01%	0.03%	0.01%
ZION	B	0.01%	0.03%	0.01%
ZTS	D	0.01%	0.14%	0.01%

BND Overweight 180 Positions Relative to DTD

Symbol	Grade	Weight
WIT	D	0.09%
PAA	C	0.01%
NEM	B	0.01%
MKL	B	0.01%
ORLY	D	0.01%
OCSL	D	0.01%
NYC	C	0.01%
NVR	C	0.01%
MDC	A	0.01%
PDM	B	0.01%
GSBD	B	0.01%
HPP	F	0.01%
ILMN	F	0.01%
JBLU	D	0.01%
ET	B	0.01%
FSK	B	0.01%
CAF	C	0.01%
BXP	C	0.01%
DLTR	F	0.01%
FHN	B	0.01%
DVN	D	0.01%
CTVA	C	0.01%
FLEX	C	0.01%
EXPE	F	0.01%
DSS	F	0.01%
COKE	C	0.01%
CNHI	D	0.01%
AYI	B	0.01%
AWH	F	0.01%
CM	C	0.01%
AER	B	0.01%
ADSK	F	0.01%
CHI	B	0.01%
ADBE	F	0.01%
BIIB	D	0.01%
APTV	D	0.01%
BIDU	D	0.01%
BHF	F	0.01%
AMCR	B	0.01%
CP	D	0.01%
COO	C	0.01%
TEL	A	0.01%
TRMB	D	0.01%
TME	B	0.01%
NOW	C	0.01%
OHI	C	0.01%
MPLX	D	0.01%
KEY	B	0.01%
IVZ	C	0.01%
JLL	A	0.01%
JHG	A	0.01%
JD	C	0.01%
JCI	B	0.01%
GBDC	C	0.01%
WB	D	0.01%
UBS	C	0.01%
VRSN	F	0.01%
VNT	D	0.01%
SITC	B	0.01%
PYPL	D	0.01%
PXD	B	0.01%
RIV	B	0.01%
SCS	C	0.01%
REGN	B	0.01%
SAFE	C	0.01%
EG	D	0.01%
LYB	D	0.01%
MMM	A	0.01%
NHI	B	0.01%
MHK	C	0.01%
LIN	D	0.01%
NXPI	A	0.01%
NVT	A	0.01%
GP	F	0.01%
HR	C	0.01%
GOOGL	B	0.01%
HIW	B	0.01%
IFF	B	0.01%
HAS	C	0.01%
H	D	0.01%
GXO	D	0.01%
ESGR	B	0.01%
EPRT	B	0.01%
FTNT	F	0.01%
EW	C	0.01%
ETN	A	0.01%
BSX	A	0.01%
AAT	B	0.01%
AAP	D	0.01%
PECO	F	0.01%
DOC	A	0.01%
DG	D	0.01%
EL	F	0.01%
EE	C	0.01%
DXC	F	0.01%
CTS	B	0.01%
FMC	C	0.01%
DOX	F	0.01%
ALLE	D	0.01%
COE	D	0.01%
BAX	F	0.01%
AZO	D	0.01%
AXS	B	0.01%
AGR	A	0.01%
AGO	D	0.01%
AES	B	0.01%
AEL	A	0.01%
BMO	C	0.01%
ARW	C	0.01%
ADC	C	0.01%
ACGL	B	0.01%
BKNG	B	0.01%
ARCC	B	0.01%
CDNS	D	0.01%
AON	F	0.01%
BG	D	0.01%
CRM	D	0.01%
AN	C	0.01%
BDN	C	0.01%
BCSF	C	0.01%
AMG	D	0.01%
AAL	C	0.01%
TDY	D	0.01%
TCN	A	0.01%
OPI	D	0.01%
LAZ	B	0.01%
MRVL	D	0.01%
MP	C	0.01%
KEYS	C	0.01%
KEX	B	0.01%
KRG	D	0.01%
KOF	B	0.01%
KMI	A	0.01%
WBA	F	0.01%
TT	B	0.01%
TSLX	B	0.01%
VNO	D	0.01%
STLA	D	0.01%
STE	C	0.01%
VFC	F	0.01%
WHR	F	0.01%
PNR	B	0.01%
QRVO	F	0.01%
SLB	F	0.01%
RPRX	F	0.01%
RNR	D	0.01%
PSEC	C	0.01%
PRE	C	0.01%
MAIN	C	0.01%
UAL	C	0.01%
RY	A	0.01%
SCCO	B	0.01%
BHP	D	0.01%
DIS	D	0.01%
DB	B	0.01%
EDC	A	0.01%
NEE	A	0.01%
GSK	A	0.01%
EPD	B	0.01%
PFE	D	0.01%
BNS	C	0.01%
CFG	B	0.01%
TFC	A	0.01%
EQNR	D	0.01%
FOXA	C	0.01%
CB	B	0.01%
BABA	C	0.01%
MDT	C	0.01%
VOD	A	0.01%
AZN	B	0.01%
DT	D	0.01%
NWG	A	0.01%
CHTR	F	0.01%
AMZN	C	0.01%
MUFG	C	0.01%
VZ	C	0.01%
TD	D	0.01%
T	B	0.01%
BA	F	0.01%
HSBC	A	0.01%

BND Underweight 437 Positions Relative to DTD

Symbol	Grade	Weight
META	D	-0.91%
BX	B	-0.3%
VICI	C	-0.25%
KHC	D	-0.25%
PAYX	B	-0.24%
ELV	B	-0.2%
KVUE	C	-0.19%
FAST	D	-0.17%
TROW	C	-0.16%
YUM	C	-0.14%
VST	B	-0.12%
CRBG	B	-0.11%
ARES	A	-0.1%
OXY	D	-0.1%
BKR	C	-0.1%
IRM	A	-0.09%
KKR	A	-0.09%
CEG	B	-0.08%
CHRD	B	-0.07%
CTSH	F	-0.07%
AM	A	-0.07%
NRG	B	-0.07%
URI	B	-0.07%
TRGP	B	-0.07%
WSM	B	-0.07%
LNG	F	-0.07%
TXRH	B	-0.06%
OVV	D	-0.06%
EWBC	B	-0.06%
LAMR	A	-0.06%
CG	D	-0.06%
WSO	B	-0.06%
CIVI	C	-0.06%
ITT	A	-0.05%
CHK	B	-0.05%
FOX	C	-0.05%
BAH	C	-0.05%
ACI	D	-0.05%
AME	D	-0.05%
EXPD	D	-0.05%
RMD	B	-0.05%
LECO	D	-0.05%
ETRN	B	-0.05%
MSCI	F	-0.05%
ODFL	F	-0.05%
OWL	C	-0.05%
IR	C	-0.05%
HLT	D	-0.05%
DINO	D	-0.05%
CDW	D	-0.05%
OMF	C	-0.05%
VCTR	B	-0.04%
GEHC	D	-0.04%
BPOP	A	-0.04%
APA	F	-0.04%
EVR	A	-0.04%
DKS	D	-0.04%
MTG	C	-0.04%
PAG	C	-0.04%
SIRI	F	-0.04%
SSNC	B	-0.04%
MSM	D	-0.04%
DPZ	B	-0.04%
RDN	C	-0.04%
DTM	A	-0.04%
ERIE	D	-0.04%
UGI	C	-0.04%
FNB	B	-0.04%
BALL	B	-0.04%
JXN	C	-0.04%
MPWR	B	-0.04%
OGN	B	-0.04%
TPR	D	-0.04%
LKQ	F	-0.04%
ROL	B	-0.04%
GEF	F	-0.03%
TTC	C	-0.03%
THO	F	-0.03%
FCNCA	C	-0.03%
PBF	D	-0.03%
UBSI	C	-0.03%
MAN	C	-0.03%
NWSA	C	-0.03%
TER	B	-0.03%
EHC	B	-0.03%
MDU	B	-0.03%
BWXT	D	-0.03%
J	D	-0.03%
VRTS	C	-0.03%
GGG	D	-0.03%
KBH	A	-0.03%
MC	B	-0.03%
CHCO	C	-0.03%
RHI	F	-0.03%
OFG	B	-0.03%
IDA	C	-0.03%
EXP	B	-0.03%
CVI	F	-0.03%
ACM	D	-0.03%
SCI	D	-0.03%
SAIC	C	-0.03%
NOG	C	-0.03%
ACT	B	-0.03%
SMG	D	-0.03%
JKHY	D	-0.03%
PRI	D	-0.03%
KTB	B	-0.03%
FBP	B	-0.03%
NXST	C	-0.03%
VRT	A	-0.03%
PATK	C	-0.03%
GPK	C	-0.03%
MUR	D	-0.03%
HEI	B	-0.03%
HOMB	B	-0.03%
POOL	D	-0.03%
MTN	F	-0.03%
COLB	C	-0.03%
ALE	B	-0.03%
JWN	C	-0.03%
DCI	B	-0.03%
WH	F	-0.03%
AOS	C	-0.03%
HLI	B	-0.03%
GPS	D	-0.03%
HWM	A	-0.03%
CFR	D	-0.03%
AROC	C	-0.03%
MLI	B	-0.03%
CCOI	F	-0.03%
EQT	C	-0.03%
NJR	C	-0.03%
WEN	D	-0.03%
OZK	C	-0.03%
BBWI	B	-0.03%
AIT	B	-0.03%
WST	F	-0.03%
MTDR	D	-0.02%
AZZ	C	-0.02%
LPX	A	-0.02%
SHOO	C	-0.02%
ARMK	B	-0.02%
BYD	F	-0.02%
RNST	C	-0.02%
CCK	C	-0.02%
HWC	B	-0.02%
PPBI	C	-0.02%
OLED	C	-0.02%
KALU	B	-0.02%
NBHC	C	-0.02%
KFY	B	-0.02%
SXT	B	-0.02%
APOG	B	-0.02%
BOH	D	-0.02%
WSFS	B	-0.02%
NBTB	C	-0.02%
SEM	A	-0.02%
FCF	C	-0.02%
CHX	D	-0.02%
NSA	C	-0.02%
BANC	D	-0.02%
SR	C	-0.02%
LZB	C	-0.02%
ALEX	C	-0.02%
PII	F	-0.02%
TGNA	C	-0.02%
KNTK	B	-0.02%
CWEN	C	-0.02%
PDCO	F	-0.02%
MWA	B	-0.02%
UVV	C	-0.02%
WGO	F	-0.02%
UI	C	-0.02%
SEIC	D	-0.02%
BNL	C	-0.02%
HTH	C	-0.02%
SPB	B	-0.02%
UTZ	C	-0.02%
AMKR	C	-0.02%
SSD	D	-0.02%
HNI	B	-0.02%
NWBI	C	-0.02%
CBU	C	-0.02%
LFUS	C	-0.02%
FIBK	C	-0.02%
STC	B	-0.02%
FFIN	B	-0.02%
TPG	D	-0.02%
EBC	C	-0.02%
FCPT	B	-0.02%
ONB	B	-0.02%
SM	D	-0.02%
HRI	C	-0.02%
BHE	B	-0.02%
LEVI	C	-0.02%
EPC	C	-0.02%
XRX	F	-0.02%
GBCI	C	-0.02%
VLY	D	-0.02%
NYT	B	-0.02%
FFBC	B	-0.02%
IOSP	B	-0.02%
POR	C	-0.02%
QCRH	C	-0.02%
MATX	C	-0.02%
PB	C	-0.02%
BKE	D	-0.02%
UCBI	C	-0.02%
STBA	C	-0.02%
CC	C	-0.02%
MKSI	C	-0.02%
TPL	C	-0.02%
ASB	B	-0.02%
WAL	C	-0.02%
STRA	C	-0.02%
CAKE	B	-0.02%
RRC	B	-0.02%
MSA	B	-0.02%
TRMK	B	-0.02%
IPAR	F	-0.02%
NSP	D	-0.02%
CASY	B	-0.02%
MGY	C	-0.02%
EFSC	C	-0.02%
CBSH	B	-0.02%
CMC	B	-0.02%
CRC	F	-0.02%
PINC	F	-0.02%
HLNE	B	-0.02%
RHP	D	-0.02%
HEES	F	-0.02%
CADE	B	-0.02%
PR	D	-0.02%
TTEK	B	-0.02%
NWN	C	-0.02%
RGLD	A	-0.02%
LCII	D	-0.02%
CCS	C	-0.02%
WMS	B	-0.02%
TW	B	-0.02%
HMN	D	-0.02%
ESI	D	-0.02%
GES	C	-0.02%
AWI	D	-0.02%
IBOC	B	-0.02%
CNS	C	-0.02%
BSY	B	-0.02%
AEO	C	-0.02%
FULT	B	-0.02%
OTTR	C	-0.02%
NDSN	B	-0.02%
SAFT	D	-0.02%
SLM	D	-0.02%
CHDN	C	-0.02%
RRX	D	-0.02%
TPX	C	-0.02%
STAG	D	-0.02%
UFPI	B	-0.02%
WAFD	C	-0.02%
VAC	D	-0.02%
LW	F	-0.02%
FR	D	-0.02%
AVNT	B	-0.02%
BLMN	F	-0.02%
GNTX	D	-0.02%
M	D	-0.02%
FDS	D	-0.02%
VGR	D	-0.02%
OLN	C	-0.02%
BRC	B	-0.02%
CATY	C	-0.02%
TFSL	C	-0.02%
SSB	C	-0.02%
KLG	C	-0.02%
REYN	B	-0.02%
BUSE	C	-0.02%
TRN	B	-0.02%
CRI	F	-0.02%
ELS	D	-0.02%
PEBO	C	-0.02%
BOKF	B	-0.02%
FRME	C	-0.02%
LANC	D	-0.02%
RUSHA	D	-0.02%
WWD	B	-0.02%
LPLA	C	-0.02%
ALSN	D	-0.02%
TNL	C	-0.02%
ATR	C	-0.02%
STEP	A	-0.01%
SLGN	C	-0.01%
IIPR	B	-0.01%
UWMC	B	-0.01%
IBTX	D	-0.01%
TCBK	C	-0.01%
FBNC	F	-0.01%
ROIC	D	-0.01%
PBI	C	-0.01%
ASH	B	-0.01%
TOL	A	-0.01%
SPTN	D	-0.01%
WWW	C	-0.01%
JACK	F	-0.01%
CVBF	C	-0.01%
SFBS	C	-0.01%
VBTX	C	-0.01%
AWR	C	-0.01%
SBSI	D	-0.01%
NFE	F	-0.01%
COLD	D	-0.01%
WINA	D	-0.01%
IRDM	D	-0.01%
MSEX	D	-0.01%
CABO	F	-0.01%
PTEN	F	-0.01%
BANF	C	-0.01%
PCH	D	-0.01%
MCRI	D	-0.01%
SSTK	F	-0.01%
TDS	B	-0.01%
PFS	C	-0.01%
CWEN	C	-0.01%
ORA	C	-0.01%
MLKN	C	-0.01%
JJSF	C	-0.01%
WSBC	C	-0.01%
MKTX	D	-0.01%
ATEN	B	-0.01%
AIN	C	-0.01%
PGC	D	-0.01%
DLX	B	-0.01%
SSBK	C	-0.01%
CTBI	B	-0.01%
SCL	C	-0.01%
SEE	C	-0.01%
FSBC	C	-0.01%
CBRL	F	-0.01%
AUB	C	-0.01%
CSGS	F	-0.01%
CWT	C	-0.01%
DAN	C	-0.01%
MNRO	F	-0.01%
DK	D	-0.01%
CNXC	D	-0.01%
PNFP	C	-0.01%
WCC	B	-0.01%
RLI	C	-0.01%
EGP	D	-0.01%
HTBK	C	-0.01%
HTLF	A	-0.01%
AMSF	F	-0.01%
SYBT	C	-0.01%
WABC	C	-0.01%
UMBF	B	-0.01%
PRK	A	-0.01%
COLM	B	-0.01%
TOWN	C	-0.01%
SRCE	C	-0.01%
SFNC	D	-0.01%
OBK	C	-0.01%
ABM	C	-0.01%
MORN	D	-0.01%
ABCB	C	-0.01%
HOPE	C	-0.01%
GABC	C	-0.01%
LKFN	C	-0.01%
VSH	C	-0.01%
WMK	B	-0.01%
LAND	D	-0.01%
BRKR	D	-0.01%
X	D	-0.01%
AGCO	D	-0.01%
DNB	C	-0.01%
KRO	B	-0.01%
SBCF	C	-0.01%
WERN	D	-0.01%
PAYC	F	-0.01%
CPK	C	-0.01%
HFWA	C	-0.01%
PHIN	B	-0.01%
NTST	C	-0.01%
PFBC	B	-0.01%
OXM	D	-0.01%
EDR	A	-0.01%
DEA	C	-0.01%
TFX	D	-0.01%
SLVM	B	-0.01%
RRR	D	-0.01%
NAVI	F	-0.01%
WOR	D	-0.01%
FG	C	-0.01%
UVSP	B	-0.01%
MGEE	C	-0.01%
EXPO	C	-0.01%
GATX	B	-0.01%
MMS	B	-0.01%
BKU	C	-0.01%
CHE	F	-0.01%
BHLB	C	-0.01%
IDCC	C	-0.01%
FBK	B	-0.01%
VIRT	B	-0.01%
ADTN	D	-0.01%
HI	D	-0.01%
DLB	C	-0.01%
ZWS	C	-0.01%
LTC	B	-0.01%
BCO	B	-0.01%
GOLF	C	-0.01%
FHB	B	-0.01%
UTL	A	-0.01%
LAD	F	-0.01%
YORW	C	-0.01%
IBKR	B	-0.01%
WMG	D	-0.01%
TECH	C	-0.01%
PTVE	D	-0.01%
PFSI	B	-0.01%
SJW	D	-0.01%
WD	C	-0.01%
RES	F	-0.01%
KBR	C	-0.01%
LSTR	C	-0.01%
INDB	D	-0.01%
PNM	D	-0.01%
ENR	D	-0.01%
MAC	C	-0.0%
KW	D	-0.0%
POWI	C	-0.0%
NWS	C	-0.0%
SBAC	F	-0.0%
RELL	D	-0.0%
EGBN	F	-0.0%
GTN	D	-0.0%
CFFN	F	-0.0%
PZZA	F	-0.0%
CWH	F	-0.0%