DTD vs. BIV ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Vanguard Intermediate-Term Bond ETF (BIV)

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

$79.89

Average Daily Volume

21,384

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. 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

$75.41

Average Daily Volume

1,217,456

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	DTD	BIV
30 Days	3.20%	-0.77%
60 Days	5.00%	-3.28%
90 Days	6.93%	-2.32%
12 Months	31.64%	6.35%

339 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in BIV	Overlap
A	D	0.03%	0.01%	0.01%
AAPL	C	3.03%	0.01%	0.01%
ABBV	D	1.97%	0.05%	0.05%
ABT	B	0.42%	0.01%	0.01%
ADC	B	0.01%	0.01%	0.01%
ADI	D	0.21%	0.02%	0.02%
ADM	D	0.08%	0.02%	0.02%
ADP	B	0.34%	0.02%	0.02%
AEE	A	0.12%	0.01%	0.01%
AEP	D	0.24%	0.01%	0.01%
AFG	A	0.03%	0.01%	0.01%
AFL	B	0.26%	0.01%	0.01%
AIG	B	0.13%	0.01%	0.01%
AIZ	A	0.03%	0.01%	0.01%
AL	B	0.02%	0.01%	0.01%
ALL	A	0.15%	0.01%	0.01%
AMAT	F	0.14%	0.01%	0.01%
AMGN	D	0.55%	0.01%	0.01%
AMH	D	0.02%	0.01%	0.01%
AMT	D	0.27%	0.01%	0.01%
APD	A	0.19%	0.01%	0.01%
APH	A	0.15%	0.01%	0.01%
ARE	D	0.07%	0.01%	0.01%
ATO	A	0.1%	0.01%	0.01%
AVB	B	0.16%	0.01%	0.01%
AVGO	D	2.39%	0.01%	0.01%
AVT	C	0.02%	0.01%	0.01%
AVY	D	0.03%	0.01%	0.01%
AWK	D	0.06%	0.01%	0.01%
AXP	A	0.32%	0.05%	0.05%
BAC	A	1.22%	0.01%	0.01%
BBY	D	0.11%	0.01%	0.01%
BC	C	0.02%	0.02%	0.02%
BDX	F	0.12%	0.01%	0.01%
BEN	C	0.06%	0.01%	0.01%
BERY	B	0.02%	0.01%	0.01%
BK	A	0.23%	0.01%	0.01%
BKH	A	0.04%	0.01%	0.01%
BKNG	A	0.3%	0.01%	0.01%
BKU	A	0.01%	0.01%	0.01%
BLK	C	0.43%	0.01%	0.01%
BMY	B	0.57%	0.01%	0.01%
BR	A	0.07%	0.02%	0.02%
BRO	B	0.04%	0.01%	0.01%
BRX	A	0.04%	0.01%	0.01%
BWA	D	0.02%	0.03%	0.02%
C	A	0.63%	0.01%	0.01%
CAG	D	0.07%	0.02%	0.02%
CAH	B	0.07%	0.03%	0.03%
CARR	D	0.1%	0.02%	0.02%
CAT	B	0.45%	0.01%	0.01%
CBOE	B	0.05%	0.01%	0.01%
CBT	C	0.03%	0.01%	0.01%
CCI	D	0.22%	0.01%	0.01%
CE	F	0.02%	0.01%	0.01%
CHD	B	0.04%	0.01%	0.01%
CHRW	C	0.04%	0.02%	0.02%
CI	F	0.21%	0.01%	0.01%
CINF	A	0.08%	0.01%	0.01%
CLX	B	0.07%	0.01%	0.01%
CMA	A	0.06%	0.01%	0.01%
CMCSA	B	0.88%	0.01%	0.01%
CME	A	0.19%	0.01%	0.01%
CMI	A	0.17%	0.01%	0.01%
CMS	C	0.07%	0.01%	0.01%
CNA	B	0.05%	0.01%	0.01%
CNO	A	0.03%	0.02%	0.02%
CNP	B	0.05%	0.01%	0.01%
COF	B	0.16%	0.01%	0.01%
COP	C	0.32%	0.01%	0.01%
COST	B	0.44%	0.01%	0.01%
CPB	D	0.05%	0.02%	0.02%
CPT	B	0.03%	0.01%	0.01%
CRM	B	0.25%	0.02%	0.02%
CSL	C	0.04%	0.01%	0.01%
CSX	B	0.11%	0.01%	0.01%
CTAS	B	0.15%	0.02%	0.02%
CUBE	D	0.06%	0.01%	0.01%
CVS	D	0.25%	0.01%	0.01%
CVX	A	1.51%	0.01%	0.01%
D	C	0.32%	0.01%	0.01%
DAL	C	0.05%	0.02%	0.02%
DD	D	0.09%	0.05%	0.05%
DE	A	0.18%	0.01%	0.01%
DELL	C	0.06%	0.01%	0.01%
DFS	B	0.13%	0.02%	0.02%
DGX	A	0.04%	0.01%	0.01%
DHI	D	0.06%	0.01%	0.01%
DHR	F	0.14%	0.01%	0.01%
DIS	B	0.17%	0.01%	0.01%
DLR	B	0.17%	0.02%	0.02%
DOV	A	0.06%	0.01%	0.01%
DOW	F	0.19%	0.01%	0.01%
DRI	B	0.11%	0.01%	0.01%
DTE	C	0.09%	0.01%	0.01%
DUK	C	0.39%	0.01%	0.01%
EA	A	0.04%	0.02%	0.02%
EBAY	D	0.09%	0.02%	0.02%
ECL	D	0.13%	0.01%	0.01%
ED	D	0.19%	0.01%	0.01%
EFX	F	0.03%	0.02%	0.02%
EIX	B	0.15%	0.01%	0.01%
EMN	D	0.05%	0.01%	0.01%
EMR	A	0.19%	0.01%	0.01%
EOG	A	0.41%	0.02%	0.02%
EPR	D	0.02%	0.01%	0.01%
EQH	B	0.05%	0.01%	0.01%
EQIX	A	0.16%	0.01%	0.01%
EQR	B	0.1%	0.01%	0.01%
ES	D	0.11%	0.01%	0.01%
ESS	B	0.06%	0.01%	0.01%
ETR	B	0.22%	0.01%	0.01%
EVRG	A	0.08%	0.01%	0.01%
EXC	C	0.15%	0.01%	0.01%
EXR	D	0.15%	0.01%	0.01%
FAF	A	0.03%	0.01%	0.01%
FANG	D	0.09%	0.01%	0.01%
FDX	B	0.16%	0.01%	0.01%
FIS	C	0.21%	0.01%	0.01%
FITB	A	0.16%	0.01%	0.01%
FLO	D	0.03%	0.01%	0.01%
FLS	B	0.03%	0.01%	0.01%
FNF	B	0.07%	0.01%	0.01%
FRT	B	0.04%	0.01%	0.01%
GD	F	0.2%	0.02%	0.02%
GE	D	0.16%	0.02%	0.02%
GILD	C	0.47%	0.01%	0.01%
GIS	D	0.16%	0.01%	0.01%
GL	B	0.01%	0.01%	0.01%
GLPI	C	0.06%	0.01%	0.01%
GM	B	0.11%	0.01%	0.01%
GOOGL	C	0.87%	0.02%	0.02%
GPC	D	0.06%	0.01%	0.01%
GPN	B	0.03%	0.01%	0.01%
GS	A	0.69%	0.01%	0.01%
HAL	C	0.05%	0.02%	0.02%
HBAN	A	0.13%	0.01%	0.01%
HCA	F	0.11%	0.02%	0.02%
HD	A	1.78%	0.01%	0.01%
HES	B	0.06%	0.01%	0.01%
HIG	B	0.13%	0.02%	0.02%
HII	D	0.02%	0.01%	0.01%
HON	B	0.53%	0.01%	0.01%
HP	B	0.01%	0.01%	0.01%
HPQ	B	0.15%	0.02%	0.02%
HRB	D	0.05%	0.01%	0.01%
HRL	D	0.07%	0.01%	0.01%
HST	C	0.04%	0.02%	0.02%
HSY	F	0.08%	0.01%	0.01%
HUBB	B	0.05%	0.01%	0.01%
HUM	C	0.03%	0.01%	0.01%
HUN	F	0.02%	0.01%	0.01%
IBM	C	1.21%	0.01%	0.01%
ICE	C	0.21%	0.01%	0.01%
IEX	B	0.02%	0.01%	0.01%
INGR	B	0.05%	0.01%	0.01%
INTU	C	0.17%	0.01%	0.01%
INVH	D	0.05%	0.02%	0.02%
IPG	D	0.06%	0.01%	0.01%
ITW	B	0.31%	0.01%	0.01%
JBL	B	0.02%	0.01%	0.01%
JEF	A	0.07%	0.01%	0.01%
JNJ	D	1.83%	0.01%	0.01%
JNPR	F	0.05%	0.01%	0.01%
JPM	A	3.09%	0.01%	0.01%
K	A	0.13%	0.01%	0.01%
KDP	D	0.14%	0.01%	0.01%
KIM	A	0.05%	0.01%	0.01%
KLAC	D	0.1%	0.02%	0.02%
KMB	D	0.26%	0.01%	0.01%
KMPR	B	0.02%	0.01%	0.01%
KMT	B	0.02%	0.01%	0.01%
KO	D	1.4%	0.01%	0.01%
KR	B	0.16%	0.01%	0.01%
KRC	C	0.01%	0.01%	0.01%
KSS	F	0.01%	0.01%	0.01%
L	A	0.01%	0.01%	0.01%
LDOS	C	0.04%	0.02%	0.02%
LEA	D	0.01%	0.01%	0.01%
LEG	F	0.01%	0.01%	0.01%
LEN	D	0.06%	0.01%	0.01%
LH	C	0.03%	0.01%	0.01%
LHX	C	0.12%	0.01%	0.01%
LII	A	0.05%	0.01%	0.01%
LLY	F	0.63%	0.01%	0.01%
LMT	D	0.45%	0.02%	0.02%
LNC	B	0.05%	0.01%	0.01%
LNT	A	0.06%	0.01%	0.01%
LOW	D	0.57%	0.01%	0.01%
LRCX	F	0.12%	0.02%	0.02%
LUV	C	0.06%	0.01%	0.01%
LVS	C	0.08%	0.02%	0.02%
LXP	D	0.01%	0.01%	0.01%
MA	C	0.45%	0.01%	0.01%
MAA	B	0.06%	0.01%	0.01%
MAR	B	0.15%	0.01%	0.01%
MAS	D	0.05%	0.01%	0.01%
MCD	D	0.83%	0.02%	0.02%
MCO	B	0.11%	0.01%	0.01%
MCY	A	0.02%	0.01%	0.01%
MDLZ	F	0.37%	0.01%	0.01%
MET	A	0.22%	0.02%	0.02%
MKC	D	0.06%	0.01%	0.01%
MLM	B	0.04%	0.01%	0.01%
MMC	B	0.25%	0.02%	0.02%
MO	A	0.7%	0.01%	0.01%
MOS	F	0.02%	0.02%	0.02%
MPC	D	0.22%	0.01%	0.01%
MRK	F	0.79%	0.02%	0.02%
MRO	B	0.04%	0.02%	0.02%
MS	A	1.03%	0.04%	0.04%
MSFT	F	2.78%	0.1%	0.1%
MSI	B	0.15%	0.01%	0.01%
MTB	A	0.16%	0.02%	0.02%
MU	D	0.08%	0.02%	0.02%
NDAQ	A	0.07%	0.01%	0.01%
NEU	C	0.02%	0.01%	0.01%
NFG	A	0.03%	0.01%	0.01%
NI	A	0.06%	0.02%	0.02%
NKE	D	0.14%	0.01%	0.01%
NNN	D	0.04%	0.01%	0.01%
NOC	D	0.14%	0.02%	0.02%
NOV	C	0.01%	0.01%	0.01%
NSC	B	0.16%	0.01%	0.01%
NTAP	C	0.08%	0.01%	0.01%
NTRS	A	0.09%	0.01%	0.01%
NUE	C	0.05%	0.01%	0.01%
NVDA	C	2.38%	0.03%	0.03%
O	D	0.25%	0.01%	0.01%
OC	A	0.04%	0.01%	0.01%
OGE	B	0.06%	0.01%	0.01%
OGS	A	0.03%	0.01%	0.01%
OKE	A	0.38%	0.01%	0.01%
OMC	C	0.08%	0.01%	0.01%
ORCL	B	0.74%	0.01%	0.01%
OSK	B	0.02%	0.01%	0.01%
OTIS	C	0.1%	0.01%	0.01%
PCG	A	0.04%	0.01%	0.01%
PEG	A	0.26%	0.01%	0.01%
PEP	F	1.12%	0.01%	0.01%
PFG	D	0.09%	0.01%	0.01%
PG	A	1.61%	0.01%	0.01%
PGR	A	0.13%	0.02%	0.02%
PH	A	0.2%	0.02%	0.02%
PHM	D	0.05%	0.01%	0.01%
PKG	A	0.11%	0.01%	0.01%
PLD	D	0.33%	0.01%	0.01%
PM	B	1.16%	0.01%	0.01%
PNC	B	0.39%	0.01%	0.01%
PNW	B	0.08%	0.01%	0.01%
PPG	F	0.08%	0.01%	0.01%
PRU	A	0.25%	0.01%	0.01%
PSA	D	0.25%	0.01%	0.01%
PSX	C	0.2%	0.01%	0.01%
PWR	A	0.04%	0.01%	0.01%
QCOM	F	0.42%	0.02%	0.02%
R	B	0.03%	0.01%	0.01%
REG	B	0.02%	0.01%	0.01%
RF	A	0.15%	0.01%	0.01%
RGA	A	0.06%	0.01%	0.01%
RJF	A	0.06%	0.03%	0.03%
RL	B	0.03%	0.02%	0.02%
ROK	B	0.06%	0.01%	0.01%
ROP	B	0.05%	0.01%	0.01%
ROST	C	0.06%	0.01%	0.01%
RPM	A	0.04%	0.01%	0.01%
RS	B	0.05%	0.01%	0.01%
RSG	A	0.1%	0.01%	0.01%
RTX	C	0.56%	0.01%	0.01%
SBRA	C	0.02%	0.01%	0.01%
SBUX	A	0.31%	0.01%	0.01%
SCHW	B	0.23%	0.01%	0.01%
SCS	C	0.01%	0.01%	0.01%
SF	B	0.03%	0.01%	0.01%
SHW	A	0.13%	0.01%	0.01%
SJM	D	0.05%	0.01%	0.01%
SKT	B	0.01%	0.01%	0.01%
SNA	A	0.08%	0.01%	0.01%
SNX	C	0.01%	0.01%	0.01%
SO	D	0.41%	0.01%	0.01%
SON	D	0.03%	0.01%	0.01%
SPG	B	0.4%	0.01%	0.01%
SPGI	C	0.16%	0.01%	0.01%
SRE	A	0.2%	0.01%	0.01%
STLD	B	0.04%	0.01%	0.01%
STT	A	0.13%	0.01%	0.01%
STZ	D	0.11%	0.01%	0.01%
SUI	D	0.03%	0.01%	0.01%
SWK	D	0.05%	0.01%	0.01%
SWKS	F	0.04%	0.01%	0.01%
SWX	B	0.02%	0.01%	0.01%
SYF	B	0.09%	0.02%	0.02%
SYK	C	0.24%	0.02%	0.02%
SYY	B	0.17%	0.02%	0.02%
TGT	F	0.25%	0.01%	0.01%
THG	A	0.02%	0.01%	0.01%
TJX	A	0.35%	0.01%	0.01%
TKR	D	0.02%	0.01%	0.01%
TMO	F	0.16%	0.01%	0.01%
TMUS	B	0.76%	0.04%	0.04%
TSCO	D	0.08%	0.01%	0.01%
TSN	B	0.08%	0.03%	0.03%
TXN	C	0.65%	0.01%	0.01%
TXT	D	0.02%	0.01%	0.01%
UDR	B	0.05%	0.01%	0.01%
UHS	D	0.02%	0.02%	0.02%
UNH	C	1.24%	0.01%	0.01%
UNM	A	0.06%	0.01%	0.01%
UNP	C	0.37%	0.01%	0.01%
UPS	C	0.43%	0.01%	0.01%
USB	A	0.42%	0.01%	0.01%
V	A	0.67%	0.01%	0.01%
VLO	C	0.17%	0.01%	0.01%
VMC	B	0.05%	0.01%	0.01%
VOYA	B	0.02%	0.01%	0.01%
VRSK	A	0.04%	0.01%	0.01%
VTR	C	0.08%	0.01%	0.01%
VTRS	A	0.09%	0.02%	0.02%
WAB	B	0.04%	0.02%	0.02%
WBS	A	0.05%	0.01%	0.01%
WEC	A	0.11%	0.01%	0.01%
WELL	A	0.19%	0.01%	0.01%
WFC	A	0.9%	0.04%	0.04%
WLK	D	0.03%	0.01%	0.01%
WM	A	0.24%	0.01%	0.01%
WMB	A	0.35%	0.01%	0.01%
WMT	A	1.61%	0.01%	0.01%
WPC	D	0.06%	0.01%	0.01%
WTFC	A	0.01%	0.01%	0.01%
WTRG	B	0.03%	0.01%	0.01%
WU	D	0.03%	0.01%	0.01%
WY	D	0.04%	0.02%	0.02%
XEL	A	0.22%	0.01%	0.01%
XOM	B	2.48%	0.01%	0.01%
XRAY	F	0.01%	0.02%	0.01%
XYL	D	0.04%	0.01%	0.01%
ZBH	C	0.02%	0.02%	0.02%
ZION	B	0.04%	0.01%	0.01%
ZTS	D	0.12%	0.01%	0.01%

DTD Overweight 472 Positions Relative to BIV

Symbol	Grade	Weight
CSCO	B	1.3%
META	D	0.92%
GOOG	C	0.57%
BX	A	0.39%
CL	D	0.3%
PCAR	B	0.29%
PAYX	C	0.25%
VICI	C	0.25%
KHC	F	0.21%
APO	B	0.2%
FAST	B	0.19%
KVUE	A	0.19%
VST	B	0.18%
GLW	B	0.17%
TRV	B	0.15%
AMP	A	0.14%
TROW	B	0.13%
KKR	A	0.13%
ELV	F	0.13%
BKR	B	0.12%
TRGP	B	0.11%
YUM	B	0.11%
FE	C	0.11%
IRM	D	0.11%
PPL	B	0.1%
CRBG	B	0.1%
GWW	B	0.1%
IP	B	0.1%
ARES	A	0.1%
MCK	B	0.08%
URI	B	0.08%
CG	A	0.08%
HPE	B	0.08%
CEG	D	0.08%
CTSH	B	0.08%
LNG	B	0.08%
ORI	A	0.07%
WRB	A	0.07%
AJG	B	0.07%
OXY	D	0.07%
COR	B	0.07%
NRG	B	0.07%
EQT	B	0.07%
MCHP	D	0.07%
JXN	C	0.06%
TPR	B	0.06%
HLT	A	0.06%
WSO	A	0.06%
LAMR	D	0.06%
TXRH	C	0.06%
AM	A	0.06%
EWBC	A	0.06%
AME	A	0.05%
GEN	B	0.05%
ALLY	C	0.05%
IR	B	0.05%
EVR	B	0.05%
OMF	A	0.05%
FOX	A	0.05%
WSM	B	0.05%
DTM	B	0.05%
OWL	A	0.05%
UI	A	0.05%
MSCI	C	0.05%
ASB	B	0.04%
AIT	A	0.04%
VLY	B	0.04%
ERIE	D	0.04%
MLI	C	0.04%
ACI	C	0.04%
CFR	B	0.04%
CIVI	D	0.04%
RDN	C	0.04%
MTG	C	0.04%
CF	B	0.04%
HLI	B	0.04%
ITT	A	0.04%
TPL	A	0.04%
BAH	F	0.04%
OVV	B	0.04%
TAP	C	0.04%
NWE	B	0.04%
DKS	C	0.04%
HWM	A	0.04%
FHB	A	0.04%
CHRD	D	0.04%
ROL	B	0.04%
ODFL	B	0.04%
FNB	A	0.04%
SW	A	0.04%
SNV	B	0.04%
RMD	C	0.04%
LPLA	A	0.03%
KTB	B	0.03%
QCRH	A	0.03%
RUSHA	C	0.03%
WH	B	0.03%
KBH	D	0.03%
ATR	B	0.03%
FTV	C	0.03%
TNL	A	0.03%
SMG	D	0.03%
NXST	C	0.03%
SASR	B	0.03%
CNS	B	0.03%
PNM	F	0.03%
MPWR	F	0.03%
BOKF	B	0.03%
SAIC	F	0.03%
NWSA	B	0.03%
ACT	D	0.03%
TMP	B	0.03%
BANF	B	0.03%
OFG	B	0.03%
EHC	B	0.03%
MSM	C	0.03%
SR	A	0.03%
GPK	C	0.03%
FCNCA	A	0.03%
CATY	B	0.03%
AUB	B	0.03%
ALE	A	0.03%
HLNE	B	0.03%
GAP	C	0.03%
WST	C	0.03%
DCI	B	0.03%
JWN	C	0.03%
WEN	D	0.03%
POR	C	0.03%
DPZ	C	0.03%
OGN	D	0.03%
SCI	B	0.03%
WSBC	A	0.03%
BWXT	B	0.03%
VCTR	B	0.03%
OZK	B	0.03%
FBP	B	0.03%
DINO	D	0.03%
PATK	D	0.03%
COLB	A	0.03%
CCOI	B	0.03%
LKQ	D	0.03%
MTN	C	0.03%
SFNC	B	0.03%
GEHC	F	0.03%
BALL	D	0.03%
MC	C	0.03%
AWR	B	0.03%
FIBK	A	0.03%
WAL	B	0.03%
HOMB	A	0.03%
PB	A	0.03%
TFSL	A	0.03%
VRT	B	0.03%
LECO	B	0.03%
HEI	B	0.03%
AROC	B	0.03%
SIRI	C	0.03%
AVA	A	0.03%
PFS	B	0.03%
UGI	A	0.03%
PAG	B	0.03%
BPOP	B	0.03%
ALSN	B	0.03%
EXPD	D	0.03%
CDW	F	0.03%
SSNC	B	0.03%
PRI	A	0.03%
BANR	B	0.03%
EGBN	B	0.02%
HTH	B	0.02%
TTEK	F	0.02%
TPX	B	0.02%
FR	C	0.02%
ZWS	B	0.02%
SSD	D	0.02%
M	D	0.02%
HTLF	B	0.02%
RRC	B	0.02%
PR	B	0.02%
UMBF	B	0.02%
FRME	B	0.02%
CRI	D	0.02%
IOSP	B	0.02%
CWEN	C	0.02%
BANC	A	0.02%
STEP	B	0.02%
UVSP	B	0.02%
MGEE	C	0.02%
BFH	B	0.02%
VAC	B	0.02%
WAFD	B	0.02%
MDU	D	0.02%
SPB	C	0.02%
BNL	D	0.02%
RNST	B	0.02%
TKO	B	0.02%
WHD	B	0.02%
ARMK	B	0.02%
TDS	B	0.02%
SEM	B	0.02%
HWC	B	0.02%
SYBT	B	0.02%
MRTN	C	0.02%
OTTR	C	0.02%
KFY	B	0.02%
NSA	D	0.02%
UPBD	B	0.02%
NYT	C	0.02%
ACM	A	0.02%
IBTX	B	0.02%
CCS	D	0.02%
BRC	D	0.02%
SEIC	B	0.02%
WSFS	A	0.02%
GNTX	C	0.02%
BKE	B	0.02%
STC	B	0.02%
BYD	C	0.02%
LAD	A	0.02%
APOG	B	0.02%
WWD	B	0.02%
FCPT	C	0.02%
NDSN	B	0.02%
MGY	A	0.02%
IPAR	B	0.02%
ADTN	A	0.02%
IBKR	A	0.02%
LW	C	0.02%
UBSI	B	0.02%
VIRT	B	0.02%
NBHC	B	0.02%
HNI	B	0.02%
RHP	B	0.02%
PINC	B	0.02%
RHI	B	0.02%
CMC	B	0.02%
FCF	A	0.02%
CRC	B	0.02%
LCII	C	0.02%
MATX	C	0.02%
EXP	A	0.02%
MUR	D	0.02%
CAKE	C	0.02%
IDA	A	0.02%
VRTS	B	0.02%
RRX	B	0.02%
PEBO	A	0.02%
MWA	B	0.02%
BRKL	B	0.02%
FFBC	A	0.02%
PII	D	0.02%
LPX	B	0.02%
OCFC	B	0.02%
TRMK	B	0.02%
RGLD	C	0.02%
BBWI	D	0.02%
FBIN	D	0.02%
THO	B	0.02%
ELS	C	0.02%
TTC	D	0.02%
HAFC	A	0.02%
LSTR	D	0.02%
LANC	C	0.02%
STAG	F	0.02%
GTY	B	0.02%
KNTK	B	0.02%
JKHY	D	0.02%
TW	A	0.02%
SLM	A	0.02%
FULT	A	0.02%
HRI	B	0.02%
JBHT	C	0.02%
IDCC	A	0.02%
BUSE	B	0.02%
UFPI	B	0.02%
CASY	A	0.02%
SSB	B	0.02%
ESI	A	0.02%
CVBF	A	0.02%
IBOC	A	0.02%
STBA	B	0.02%
CBU	B	0.02%
SBAC	D	0.02%
PRGS	A	0.02%
FDS	B	0.02%
CBSH	A	0.02%
TPG	A	0.02%
TRST	A	0.02%
J	F	0.02%
AVNT	B	0.02%
APA	D	0.02%
REYN	D	0.02%
CADE	B	0.02%
ONB	B	0.02%
ALB	C	0.02%
NJR	A	0.02%
TRN	C	0.02%
GEF	A	0.02%
GBCI	B	0.02%
NOG	A	0.02%
AOS	F	0.02%
GGG	B	0.02%
POOL	C	0.02%
FBMS	B	0.02%
AWI	A	0.02%
IIPR	D	0.01%
CHCO	B	0.01%
DAN	D	0.01%
CNXC	F	0.01%
DK	C	0.01%
HI	C	0.01%
TEX	D	0.01%
AESI	B	0.01%
IRDM	D	0.01%
IBP	D	0.01%
LZB	B	0.01%
COLD	D	0.01%
COKE	C	0.01%
WMG	C	0.01%
BMI	B	0.01%
VSH	D	0.01%
DLB	B	0.01%
WOR	F	0.01%
GES	F	0.01%
MLKN	D	0.01%
PCH	D	0.01%
CABO	C	0.01%
TOL	B	0.01%
OXM	D	0.01%
SCL	C	0.01%
ENS	D	0.01%
WINA	B	0.01%
BRKR	D	0.01%
MUSA	A	0.01%
BLMN	F	0.01%
KNSL	B	0.01%
HXL	D	0.01%
LEVI	F	0.01%
LBRT	D	0.01%
PBI	B	0.01%
PRDO	B	0.01%
CWEN	C	0.01%
OLED	D	0.01%
ASH	D	0.01%
CHE	D	0.01%
XRX	F	0.01%
GBX	A	0.01%
HOG	D	0.01%
AGM	C	0.01%
MCRI	A	0.01%
DIN	C	0.01%
AMKR	D	0.01%
DLX	B	0.01%
ORA	B	0.01%
CHH	A	0.01%
WKC	D	0.01%
KRO	D	0.01%
GRNT	B	0.01%
RGP	F	0.01%
CXT	B	0.01%
COLM	B	0.01%
SLGN	A	0.01%
RRR	D	0.01%
X	C	0.01%
EGP	F	0.01%
HEES	B	0.01%
SEB	F	0.01%
SFBS	B	0.01%
JJSF	B	0.01%
PDCO	D	0.01%
NAVI	C	0.01%
PBF	D	0.01%
ENR	B	0.01%
KALU	C	0.01%
PTVE	B	0.01%
BTU	B	0.01%
CC	C	0.01%
CHDN	B	0.01%
SAFT	C	0.01%
MKTX	D	0.01%
UTZ	D	0.01%
MAN	D	0.01%
MTDR	B	0.01%
UVV	B	0.01%
UCB	A	0.01%
WCC	B	0.01%
RLI	B	0.01%
AZZ	B	0.01%
KLG	C	0.01%
BHE	B	0.01%
MORN	B	0.01%
AAON	B	0.01%
PZZA	D	0.01%
HMN	B	0.01%
SIGI	C	0.01%
WERN	C	0.01%
CRGY	B	0.01%
EDR	A	0.01%
FIX	A	0.01%
MMS	F	0.01%
BOH	B	0.01%
AMSF	B	0.01%
TECH	D	0.01%
KWR	C	0.01%
EPC	D	0.01%
SSBK	B	0.01%
EXPO	D	0.01%
WMK	C	0.01%
CHX	C	0.01%
NSP	D	0.01%
MSA	D	0.01%
FG	B	0.01%
BCO	D	0.01%
EME	C	0.01%
OLN	D	0.01%
CPK	A	0.01%
KBR	F	0.01%
SRCE	B	0.01%
SM	B	0.01%
MKSI	C	0.01%
STRA	C	0.01%
BSY	D	0.01%
ABM	B	0.01%
GOLF	B	0.01%
CFFN	B	0.01%
WDFC	B	0.01%
WWW	B	0.01%
DNB	B	0.01%
AGCO	D	0.01%
VMI	B	0.01%
PFBC	B	0.01%
UTL	B	0.01%
LFUS	F	0.01%
EBC	B	0.01%
SNDR	B	0.01%
AEO	F	0.01%
WGO	C	0.01%
GATX	A	0.01%
PHIN	A	0.01%
PFSI	D	0.01%
WMS	D	0.01%
FFIN	B	0.01%
WD	D	0.01%
SXT	B	0.01%
SLG	B	0.01%
PRK	B	0.01%
SHOO	D	0.01%
SLVM	B	0.01%
VLTO	D	0.01%
JBT	B	0.01%
TER	D	0.01%
PTEN	C	0.01%
MSBI	B	0.01%
POWL	C	0.01%
CCK	C	0.01%
SEE	C	0.01%
PAYC	B	0.01%
CVI	F	0.01%
CRS	A	0.01%
PNFP	B	0.01%
MAC	B	0.0%
POWI	D	0.0%
KW	B	0.0%
NWS	B	0.0%
GTN	F	0.0%
RELL	B	0.0%
NFE	D	0.0%
UWMC	D	0.0%
CWH	B	0.0%
BGS	F	0.0%
NUS	D	0.0%

DTD Underweight 145 Positions Relative to BIV

Symbol	Grade	Weight
WIT	A	-0.35%
DT	C	-0.11%
BIIB	F	-0.04%
CB	C	-0.03%
KOF	F	-0.03%
DLTR	F	-0.03%
SLB	C	-0.03%
BMO	A	-0.03%
ESGR	B	-0.03%
NOW	A	-0.03%
BABA	D	-0.03%
QRVO	F	-0.02%
DXC	B	-0.02%
DOX	D	-0.02%
ETN	A	-0.02%
ARCC	A	-0.02%
AAP	C	-0.02%
AMG	B	-0.02%
TEL	B	-0.02%
VRSN	F	-0.02%
TRMB	B	-0.02%
DOC	D	-0.02%
REGN	F	-0.02%
ADBE	C	-0.02%
NEM	D	-0.02%
GSK	F	-0.02%
EXPE	B	-0.02%
PYPL	B	-0.02%
CHTR	C	-0.02%
MPLX	A	-0.02%
ET	A	-0.02%
BSX	B	-0.02%
NWG	C	-0.02%
FOXA	B	-0.02%
VOD	F	-0.02%
MUFG	B	-0.02%
AMZN	C	-0.02%
REXR	F	-0.01%
SAVE	D	-0.01%
GBDC	C	-0.01%
ALLE	D	-0.01%
AXS	A	-0.01%
TME	D	-0.01%
IFF	D	-0.01%
JCI	C	-0.01%
EPRT	B	-0.01%
VNO	B	-0.01%
RNR	C	-0.01%
PSEC	D	-0.01%
APTV	D	-0.01%
OCSL	F	-0.01%
MDT	D	-0.01%
PDM	D	-0.01%
MP	B	-0.01%
KRG	B	-0.01%
FSK	A	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
BDN	C	-0.01%
WB	D	-0.01%
VNT	B	-0.01%
SITC	D	-0.01%
SAFE	D	-0.01%
FMC	D	-0.01%
EW	C	-0.01%
BAX	D	-0.01%
AGR	B	-0.01%
AGO	B	-0.01%
ARW	D	-0.01%
ACGL	D	-0.01%
AAT	B	-0.01%
NVT	B	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HIW	D	-0.01%
JD	D	-0.01%
GXO	B	-0.01%
FTNT	C	-0.01%
STE	F	-0.01%
RYN	D	-0.01%
PRE	D	-0.01%
NHI	D	-0.01%
MHK	D	-0.01%
LIN	D	-0.01%
CNH	C	-0.01%
AYI	B	-0.01%
BNS	A	-0.01%
AAL	B	-0.01%
AMCR	D	-0.01%
CP	D	-0.01%
WBA	F	-0.01%
TD	F	-0.01%
KEX	C	-0.01%
HPP	F	-0.01%
ILMN	D	-0.01%
DVN	F	-0.01%
CTVA	C	-0.01%
DSS	F	-0.01%
NVR	D	-0.01%
MRVL	B	-0.01%
ORLY	B	-0.01%
LAZ	B	-0.01%
KEYS	A	-0.01%
FLEX	A	-0.01%
ADSK	A	-0.01%
CFG	B	-0.01%
BIDU	F	-0.01%
TT	A	-0.01%
VFC	C	-0.01%
RPRX	D	-0.01%
KEY	B	-0.01%
HAS	D	-0.01%
H	B	-0.01%
EL	F	-0.01%
AZO	C	-0.01%
AES	F	-0.01%
BG	F	-0.01%
AN	C	-0.01%
AZN	D	-0.01%
AER	B	-0.01%
BHF	B	-0.01%
EQNR	D	-0.01%
PAA	B	-0.01%
LYB	F	-0.01%
MMM	D	-0.01%
OHI	C	-0.01%
NXPI	D	-0.01%
TDY	B	-0.01%
WEST	C	-0.01%
WHR	B	-0.01%
BXP	D	-0.01%
AON	A	-0.01%
EPD	A	-0.01%
DG	F	-0.01%
DB	D	-0.01%
TFC	A	-0.01%
PFE	D	-0.01%
INTC	D	-0.01%
KMI	A	-0.01%
NEE	D	-0.01%
UAL	A	-0.01%
T	A	-0.01%
HSBC	B	-0.01%
VZ	C	-0.01%
BA	F	-0.01%