DTD vs. BTAL ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

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

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	DTD	BTAL
30 Days	3.20%	-4.57%
60 Days	5.00%	-3.16%
90 Days	6.93%	-3.70%
12 Months	31.64%	-6.81%

207 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in BTAL	Overlap
ABBV	D	1.97%	0.36%	0.36%
ADC	B	0.01%	0.45%	0.01%
ADP	B	0.34%	0.46%	0.34%
AEE	A	0.12%	0.49%	0.12%
AIZ	A	0.03%	0.48%	0.03%
ALB	C	0.02%	-0.52%	-0.52%
ALL	A	0.15%	0.48%	0.15%
ALLY	C	0.05%	-0.37%	-0.37%
ALSN	B	0.03%	0.56%	0.03%
AMGN	D	0.55%	0.37%	0.37%
AMKR	D	0.01%	-0.34%	-0.34%
ARE	D	0.07%	-0.4%	-0.4%
ARMK	B	0.02%	0.45%	0.02%
AVB	B	0.16%	0.45%	0.16%
AVGO	D	2.39%	-0.45%	-0.45%
AVT	C	0.02%	0.42%	0.02%
AWK	D	0.06%	-0.42%	-0.42%
BBWI	D	0.02%	-0.44%	-0.44%
BKR	B	0.12%	0.53%	0.12%
BLK	C	0.43%	-0.54%	-0.54%
BMY	B	0.57%	0.51%	0.51%
BRO	B	0.04%	0.47%	0.04%
BWA	D	0.02%	0.44%	0.02%
BWXT	B	0.03%	0.53%	0.03%
BX	A	0.39%	-0.57%	-0.57%
CARR	D	0.1%	-0.45%	-0.45%
CBOE	B	0.05%	0.43%	0.05%
CC	C	0.01%	-0.43%	-0.43%
CCK	C	0.01%	0.43%	0.01%
CE	F	0.02%	-0.24%	-0.24%
CEG	D	0.08%	-0.52%	-0.52%
CF	B	0.04%	0.46%	0.04%
CG	A	0.08%	-0.55%	-0.55%
CHD	B	0.04%	0.47%	0.04%
CHE	D	0.01%	0.4%	0.01%
CHH	A	0.01%	0.5%	0.01%
CHRW	C	0.04%	0.45%	0.04%
CHX	C	0.01%	-0.42%	-0.42%
CI	F	0.21%	0.4%	0.21%
CINF	A	0.08%	0.49%	0.08%
CMA	A	0.06%	-0.54%	-0.54%
CME	A	0.19%	0.47%	0.19%
CMS	C	0.07%	0.44%	0.07%
CNXC	F	0.01%	-0.23%	-0.23%
COLM	B	0.01%	0.43%	0.01%
COR	B	0.07%	0.45%	0.07%
CPB	D	0.05%	0.38%	0.05%
CSCO	B	1.3%	0.49%	0.49%
CSX	B	0.11%	0.45%	0.11%
CTSH	B	0.08%	0.43%	0.08%
CWEN	C	0.02%	-0.42%	-0.42%
CWEN	C	0.01%	-0.42%	-0.42%
CXT	B	0.01%	0.42%	0.01%
D	C	0.32%	-0.45%	-0.45%
DAL	C	0.05%	-0.68%	-0.68%
DD	D	0.09%	0.43%	0.09%
DELL	C	0.06%	-0.53%	-0.53%
DGX	A	0.04%	0.45%	0.04%
DINO	D	0.03%	-0.39%	-0.39%
DKS	C	0.04%	-0.37%	-0.37%
DLB	B	0.01%	0.43%	0.01%
DRI	B	0.11%	0.46%	0.11%
DUK	C	0.39%	0.43%	0.39%
ED	D	0.19%	0.42%	0.19%
EDR	A	0.01%	0.46%	0.01%
EFX	F	0.03%	-0.35%	-0.35%
ELS	C	0.02%	0.43%	0.02%
ELV	F	0.13%	0.33%	0.13%
EQR	B	0.1%	0.44%	0.1%
EQT	B	0.07%	-0.59%	-0.59%
ERIE	D	0.04%	0.38%	0.04%
EXP	A	0.02%	-0.53%	-0.53%
FANG	D	0.09%	0.39%	0.09%
FBIN	D	0.02%	-0.41%	-0.41%
FLO	D	0.03%	0.42%	0.03%
GD	F	0.2%	0.41%	0.2%
GILD	C	0.47%	0.49%	0.47%
GIS	D	0.16%	0.38%	0.16%
GLPI	C	0.06%	0.42%	0.06%
GLW	B	0.17%	0.47%	0.17%
GPC	D	0.06%	0.37%	0.06%
HEI	B	0.03%	0.47%	0.03%
HIG	B	0.13%	0.45%	0.13%
HON	B	0.53%	0.47%	0.47%
HPQ	B	0.15%	0.45%	0.15%
HRB	D	0.05%	0.41%	0.05%
HUM	C	0.03%	0.34%	0.03%
IBKR	A	0.02%	0.62%	0.02%
IBM	C	1.21%	0.45%	0.45%
ITT	A	0.04%	-0.49%	-0.49%
J	F	0.02%	0.41%	0.02%
JNJ	D	1.83%	0.42%	0.42%
JNPR	F	0.05%	0.39%	0.05%
KBR	F	0.01%	0.37%	0.01%
KHC	F	0.21%	0.38%	0.21%
KKR	A	0.13%	-0.55%	-0.55%
KO	D	1.4%	0.37%	0.37%
KR	B	0.16%	0.47%	0.16%
KRC	C	0.01%	-0.46%	-0.46%
KSS	F	0.01%	-0.39%	-0.39%
L	A	0.01%	0.45%	0.01%
LAMR	D	0.06%	-0.46%	-0.46%
LMT	D	0.45%	0.38%	0.38%
LNC	B	0.05%	-0.48%	-0.48%
LNG	B	0.08%	0.51%	0.08%
LNT	A	0.06%	0.46%	0.06%
LPLA	A	0.03%	0.59%	0.03%
LPX	B	0.02%	-0.52%	-0.52%
LRCX	F	0.12%	-0.36%	-0.36%
MAN	D	0.01%	0.37%	0.01%
MCD	D	0.83%	0.42%	0.42%
MCK	B	0.08%	0.51%	0.08%
MDU	D	0.02%	0.32%	0.02%
MKC	D	0.06%	0.41%	0.06%
MKSI	C	0.01%	-0.4%	-0.4%
MMC	B	0.25%	0.42%	0.25%
MOS	F	0.02%	0.38%	0.02%
MPWR	F	0.03%	-0.24%	-0.24%
MSA	D	0.01%	0.4%	0.01%
MSFT	F	2.78%	0.43%	0.43%
MSI	B	0.15%	0.51%	0.15%
MSM	C	0.03%	0.43%	0.03%
MTDR	B	0.01%	-0.45%	-0.45%
MU	D	0.08%	-0.43%	-0.43%
MUR	D	0.02%	0.37%	0.02%
MUSA	A	0.01%	0.43%	0.01%
NEU	C	0.02%	0.44%	0.02%
NOC	D	0.14%	0.4%	0.14%
NRG	B	0.07%	-0.49%	-0.49%
NTRS	A	0.09%	-0.54%	-0.54%
NVDA	C	2.38%	-0.48%	-0.48%
NWE	B	0.04%	-0.45%	-0.45%
O	D	0.25%	0.39%	0.25%
OC	A	0.04%	-0.46%	-0.46%
ORI	A	0.07%	0.46%	0.07%
OWL	A	0.05%	-0.58%	-0.58%
OXY	D	0.07%	0.38%	0.07%
OZK	B	0.03%	-0.49%	-0.49%
PAG	B	0.03%	0.41%	0.03%
PAYC	B	0.01%	0.59%	0.01%
PAYX	C	0.25%	0.47%	0.25%
PCAR	B	0.29%	0.51%	0.29%
PGR	A	0.13%	0.45%	0.13%
PKG	A	0.11%	0.49%	0.11%
PLD	D	0.33%	-0.39%	-0.39%
PNFP	B	0.01%	-0.55%	-0.55%
PNM	F	0.03%	0.5%	0.03%
PNW	B	0.08%	0.45%	0.08%
POWI	D	0.0%	-0.41%	-0.41%
PWR	A	0.04%	-0.51%	-0.51%
REG	B	0.02%	0.45%	0.02%
RF	A	0.15%	-0.5%	-0.5%
RGA	A	0.06%	0.48%	0.06%
RLI	B	0.01%	0.51%	0.01%
RMD	C	0.04%	-0.45%	-0.45%
ROP	B	0.05%	0.45%	0.05%
RRC	B	0.02%	-0.51%	-0.51%
RSG	A	0.1%	0.43%	0.1%
RTX	C	0.56%	0.43%	0.43%
SAIC	F	0.03%	0.4%	0.03%
SBRA	C	0.02%	0.47%	0.02%
SCHW	B	0.23%	-0.56%	-0.56%
SEE	C	0.01%	-0.44%	-0.44%
SHW	A	0.13%	-0.47%	-0.47%
SIGI	C	0.01%	0.48%	0.01%
SLGN	A	0.01%	0.46%	0.01%
SMG	D	0.03%	-0.46%	-0.46%
SNA	A	0.08%	0.55%	0.08%
SNV	B	0.04%	-0.54%	-0.54%
SNX	C	0.01%	0.41%	0.01%
SSD	D	0.02%	-0.43%	-0.43%
TER	D	0.01%	-0.33%	-0.33%
TGT	F	0.25%	-0.44%	-0.44%
THG	A	0.02%	0.51%	0.02%
THO	B	0.02%	-0.44%	-0.44%
TJX	A	0.35%	0.43%	0.35%
TMUS	B	0.76%	0.49%	0.49%
TOL	B	0.01%	-0.47%	-0.47%
TPG	A	0.02%	-0.58%	-0.58%
TROW	B	0.13%	-0.48%	-0.48%
TRV	B	0.15%	0.52%	0.15%
TXRH	C	0.06%	0.51%	0.06%
TXT	D	0.02%	0.4%	0.02%
UGI	A	0.03%	-0.44%	-0.44%
UNH	C	1.24%	0.43%	0.43%
UNM	A	0.06%	0.57%	0.06%
URI	B	0.08%	-0.52%	-0.52%
USB	A	0.42%	-0.49%	-0.49%
VICI	C	0.25%	0.42%	0.25%
VRT	B	0.03%	-0.67%	-0.67%
VST	B	0.18%	-0.76%	-0.76%
VTRS	A	0.09%	0.48%	0.09%
WAL	B	0.03%	-0.49%	-0.49%
WCC	B	0.01%	-0.55%	-0.55%
WEC	A	0.11%	0.46%	0.11%
WELL	A	0.19%	0.5%	0.19%
WEN	D	0.03%	0.46%	0.03%
WH	B	0.03%	0.53%	0.03%
WM	A	0.24%	0.45%	0.24%
WMS	D	0.01%	-0.37%	-0.37%
WPC	D	0.06%	0.41%	0.06%
WRB	A	0.07%	0.45%	0.07%
X	C	0.01%	0.43%	0.01%
XEL	A	0.22%	0.5%	0.22%
XOM	B	2.48%	0.44%	0.44%
YUM	B	0.11%	0.43%	0.11%
ZION	B	0.04%	-0.53%	-0.53%

DTD Overweight 604 Positions Relative to BTAL

Symbol	Grade	Weight
JPM	A	3.09%
AAPL	C	3.03%
HD	A	1.78%
WMT	A	1.61%
PG	A	1.61%
CVX	A	1.51%
BAC	A	1.22%
PM	B	1.16%
PEP	F	1.12%
MS	A	1.03%
META	D	0.92%
WFC	A	0.9%
CMCSA	B	0.88%
GOOGL	C	0.87%
MRK	F	0.79%
ORCL	B	0.74%
MO	A	0.7%
GS	A	0.69%
V	A	0.67%
TXN	C	0.65%
LLY	F	0.63%
C	A	0.63%
GOOG	C	0.57%
LOW	D	0.57%
MA	C	0.45%
CAT	B	0.45%
COST	B	0.44%
UPS	C	0.43%
QCOM	F	0.42%
ABT	B	0.42%
SO	D	0.41%
EOG	A	0.41%
SPG	B	0.4%
PNC	B	0.39%
OKE	A	0.38%
MDLZ	F	0.37%
UNP	C	0.37%
WMB	A	0.35%
COP	C	0.32%
AXP	A	0.32%
ITW	B	0.31%
SBUX	A	0.31%
CL	D	0.3%
BKNG	A	0.3%
AMT	D	0.27%
PEG	A	0.26%
AFL	B	0.26%
KMB	D	0.26%
PRU	A	0.25%
CVS	D	0.25%
PSA	D	0.25%
CRM	B	0.25%
AEP	D	0.24%
SYK	C	0.24%
BK	A	0.23%
ETR	B	0.22%
MET	A	0.22%
MPC	D	0.22%
CCI	D	0.22%
FIS	C	0.21%
ICE	C	0.21%
ADI	D	0.21%
PH	A	0.2%
PSX	C	0.2%
APO	B	0.2%
SRE	A	0.2%
FAST	B	0.19%
APD	A	0.19%
DOW	F	0.19%
KVUE	A	0.19%
EMR	A	0.19%
DE	A	0.18%
VLO	C	0.17%
CMI	A	0.17%
DIS	B	0.17%
INTU	C	0.17%
SYY	B	0.17%
DLR	B	0.17%
FITB	A	0.16%
MTB	A	0.16%
NSC	B	0.16%
FDX	B	0.16%
GE	D	0.16%
COF	B	0.16%
EQIX	A	0.16%
SPGI	C	0.16%
TMO	F	0.16%
EXR	D	0.15%
MAR	B	0.15%
EXC	C	0.15%
EIX	B	0.15%
APH	A	0.15%
CTAS	B	0.15%
AMAT	F	0.14%
KDP	D	0.14%
NKE	D	0.14%
AMP	A	0.14%
DHR	F	0.14%
ECL	D	0.13%
STT	A	0.13%
DFS	B	0.13%
HBAN	A	0.13%
K	A	0.13%
AIG	B	0.13%
BDX	F	0.12%
ZTS	D	0.12%
LHX	C	0.12%
HCA	F	0.11%
BBY	D	0.11%
MCO	B	0.11%
GM	B	0.11%
TRGP	B	0.11%
ES	D	0.11%
STZ	D	0.11%
FE	C	0.11%
IRM	D	0.11%
PPL	B	0.1%
CRBG	B	0.1%
KLAC	D	0.1%
ATO	A	0.1%
GWW	B	0.1%
IP	B	0.1%
ARES	A	0.1%
OTIS	C	0.1%
PFG	D	0.09%
SYF	B	0.09%
DTE	C	0.09%
EBAY	D	0.09%
ADM	D	0.08%
HSY	F	0.08%
TSCO	D	0.08%
TSN	B	0.08%
HPE	B	0.08%
VTR	C	0.08%
LVS	C	0.08%
PPG	F	0.08%
OMC	C	0.08%
NTAP	C	0.08%
EVRG	A	0.08%
HRL	D	0.07%
CAG	D	0.07%
JEF	A	0.07%
CAH	B	0.07%
NDAQ	A	0.07%
AJG	B	0.07%
BR	A	0.07%
MCHP	D	0.07%
FNF	B	0.07%
CLX	B	0.07%
JXN	C	0.06%
ESS	B	0.06%
TPR	B	0.06%
CUBE	D	0.06%
IPG	D	0.06%
DOV	A	0.06%
HLT	A	0.06%
WSO	A	0.06%
OGE	B	0.06%
BEN	C	0.06%
LUV	C	0.06%
RJF	A	0.06%
ROST	C	0.06%
MAA	B	0.06%
NI	A	0.06%
LEN	D	0.06%
DHI	D	0.06%
HES	B	0.06%
ROK	B	0.06%
AM	A	0.06%
EWBC	A	0.06%
INVH	D	0.05%
SJM	D	0.05%
AME	A	0.05%
UDR	B	0.05%
LII	A	0.05%
WBS	A	0.05%
INGR	B	0.05%
GEN	B	0.05%
VMC	B	0.05%
KIM	A	0.05%
IR	B	0.05%
EVR	B	0.05%
HUBB	B	0.05%
PHM	D	0.05%
OMF	A	0.05%
RS	B	0.05%
HAL	C	0.05%
FOX	A	0.05%
SWK	D	0.05%
EMN	D	0.05%
MAS	D	0.05%
CNA	B	0.05%
WSM	B	0.05%
DTM	B	0.05%
EQH	B	0.05%
NUE	C	0.05%
UI	A	0.05%
CNP	B	0.05%
MSCI	C	0.05%
ASB	B	0.04%
AIT	A	0.04%
MRO	B	0.04%
HST	C	0.04%
VLY	B	0.04%
VRSK	A	0.04%
WAB	B	0.04%
PCG	A	0.04%
MLI	C	0.04%
RPM	A	0.04%
ACI	C	0.04%
CFR	B	0.04%
BKH	A	0.04%
CIVI	D	0.04%
RDN	C	0.04%
SWKS	F	0.04%
MTG	C	0.04%
CSL	C	0.04%
HLI	B	0.04%
EA	A	0.04%
FRT	B	0.04%
TPL	A	0.04%
BAH	F	0.04%
OVV	B	0.04%
TAP	C	0.04%
XYL	D	0.04%
HWM	A	0.04%
NNN	D	0.04%
FHB	A	0.04%
BRX	A	0.04%
CHRD	D	0.04%
ROL	B	0.04%
ODFL	B	0.04%
FNB	A	0.04%
SW	A	0.04%
LDOS	C	0.04%
MLM	B	0.04%
WY	D	0.04%
STLD	B	0.04%
KTB	B	0.03%
QCRH	A	0.03%
RUSHA	C	0.03%
WLK	D	0.03%
KBH	D	0.03%
ATR	B	0.03%
FTV	C	0.03%
TNL	A	0.03%
NXST	C	0.03%
SASR	B	0.03%
CNS	B	0.03%
CPT	B	0.03%
BOKF	B	0.03%
NWSA	B	0.03%
ACT	D	0.03%
CNO	A	0.03%
TMP	B	0.03%
BANF	B	0.03%
OFG	B	0.03%
CBT	C	0.03%
EHC	B	0.03%
SR	A	0.03%
GPK	C	0.03%
SON	D	0.03%
FCNCA	A	0.03%
CATY	B	0.03%
AUB	B	0.03%
AVY	D	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%
POR	C	0.03%
DPZ	C	0.03%
OGN	D	0.03%
SCI	B	0.03%
WSBC	A	0.03%
OGS	A	0.03%
VCTR	B	0.03%
WU	D	0.03%
R	B	0.03%
FBP	B	0.03%
PATK	D	0.03%
FAF	A	0.03%
COLB	A	0.03%
CCOI	B	0.03%
SUI	D	0.03%
LKQ	D	0.03%
MTN	C	0.03%
FLS	B	0.03%
AFG	A	0.03%
SFNC	B	0.03%
GEHC	F	0.03%
WTRG	B	0.03%
BALL	D	0.03%
SF	B	0.03%
MC	C	0.03%
AWR	B	0.03%
FIBK	A	0.03%
NFG	A	0.03%
HOMB	A	0.03%
PB	A	0.03%
TFSL	A	0.03%
LECO	B	0.03%
A	D	0.03%
AROC	B	0.03%
GPN	B	0.03%
SIRI	C	0.03%
AVA	A	0.03%
LH	C	0.03%
PFS	B	0.03%
BPOP	B	0.03%
EXPD	D	0.03%
RL	B	0.03%
CDW	F	0.03%
SSNC	B	0.03%
PRI	A	0.03%
BANR	B	0.03%
KMPR	B	0.02%
EGBN	B	0.02%
HTH	B	0.02%
TTEK	F	0.02%
TPX	B	0.02%
FR	C	0.02%
ZWS	B	0.02%
M	D	0.02%
HTLF	B	0.02%
PR	B	0.02%
UMBF	B	0.02%
FRME	B	0.02%
CRI	D	0.02%
IOSP	B	0.02%
BERY	B	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%
BC	C	0.02%
WAFD	B	0.02%
HUN	F	0.02%
SPB	C	0.02%
BNL	D	0.02%
RNST	B	0.02%
TKO	B	0.02%
WHD	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%
JBL	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%
AL	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%
MCY	A	0.02%
NDSN	B	0.02%
MGY	A	0.02%
EPR	D	0.02%
IPAR	B	0.02%
ADTN	A	0.02%
OSK	B	0.02%
LW	C	0.02%
AMH	D	0.02%
UBSI	B	0.02%
UHS	D	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%
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%
OCFC	B	0.02%
TRMK	B	0.02%
KMT	B	0.02%
RGLD	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%
VOYA	B	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%
SWX	B	0.02%
ZBH	C	0.02%
SBAC	D	0.02%
PRGS	A	0.02%
FDS	B	0.02%
CBSH	A	0.02%
TRST	A	0.02%
TKR	D	0.02%
AVNT	B	0.02%
APA	D	0.02%
REYN	D	0.02%
HII	D	0.02%
CADE	B	0.02%
ONB	B	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%
IEX	B	0.02%
AWI	A	0.02%
IIPR	D	0.01%
CHCO	B	0.01%
DAN	D	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%
LXP	D	0.01%
WOR	F	0.01%
GES	F	0.01%
MLKN	D	0.01%
PCH	D	0.01%
CABO	C	0.01%
OXM	D	0.01%
SCL	C	0.01%
ENS	D	0.01%
WINA	B	0.01%
BRKR	D	0.01%
BLMN	F	0.01%
SCS	C	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%
OLED	D	0.01%
ASH	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%
DLX	B	0.01%
ORA	B	0.01%
GL	B	0.01%
WKC	D	0.01%
KRO	D	0.01%
GRNT	B	0.01%
RGP	F	0.01%
RRR	D	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%
XRAY	F	0.01%
BTU	B	0.01%
CHDN	B	0.01%
SAFT	C	0.01%
LEG	F	0.01%
MKTX	D	0.01%
UTZ	D	0.01%
UVV	B	0.01%
UCB	A	0.01%
AZZ	B	0.01%
HP	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%
WERN	C	0.01%
CRGY	B	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%
NSP	D	0.01%
FG	B	0.01%
BCO	D	0.01%
EME	C	0.01%
OLN	D	0.01%
CPK	A	0.01%
SRCE	B	0.01%
SM	B	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%
LEA	D	0.01%
WGO	C	0.01%
GATX	A	0.01%
NOV	C	0.01%
PHIN	A	0.01%
PFSI	D	0.01%
FFIN	B	0.01%
WD	D	0.01%
SXT	B	0.01%
SLG	B	0.01%
PRK	B	0.01%
BKU	A	0.01%
SHOO	D	0.01%
SLVM	B	0.01%
VLTO	D	0.01%
SKT	B	0.01%
JBT	B	0.01%
PTEN	C	0.01%
WTFC	A	0.01%
MSBI	B	0.01%
POWL	C	0.01%
CVI	F	0.01%
CRS	A	0.01%
MAC	B	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 186 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	C	-1.19%
BILL	A	-0.68%
SFM	A	-0.6%
HQY	B	-0.58%
KMI	A	-0.56%
CFLT	B	-0.56%
NWL	B	-0.54%
PCTY	B	-0.53%
MKL	A	-0.53%
TGNA	B	-0.53%
FFIV	B	-0.52%
FTNT	C	-0.52%
ORLY	B	-0.5%
T	A	-0.5%
G	B	-0.49%
VFC	C	-0.48%
FOXA	B	-0.48%
LULU	C	-0.48%
AXS	A	-0.48%
TDY	B	-0.48%
DBX	B	-0.47%
AON	A	-0.47%
CW	B	-0.47%
RYAN	B	-0.47%
RNR	C	-0.46%
UTHR	C	-0.45%
CB	C	-0.45%
CMG	B	-0.45%
WTW	B	-0.45%
JAZZ	B	-0.44%
ACN	C	-0.44%
DECK	A	-0.44%
CDP	C	-0.44%
VZ	C	-0.44%
DOX	D	-0.43%
VRSN	F	-0.43%
CLH	B	-0.43%
ZI	D	-0.43%
OHI	C	-0.43%
CACI	D	-0.42%
EG	C	-0.42%
OLLI	D	-0.41%
BG	F	-0.4%
ASGN	F	-0.39%
WTM	A	-0.39%
AMCR	D	-0.39%
ON	D	-0.38%
ACGL	D	-0.38%
FCN	D	-0.38%
FMC	D	-0.37%
ARW	D	-0.37%
TNET	D	-0.37%
PFE	D	-0.37%
DVN	F	-0.37%
ST	F	-0.36%
MOH	F	-0.36%
AKAM	D	-0.36%
NEM	D	-0.35%
MTCH	D	-0.35%
FOXF	F	-0.35%
AZO	C	-0.33%
CNC	D	-0.32%
SRPT	D	-0.32%
BMRN	D	-0.29%
AGL	F	-0.16%
SMCI	F	--0.18%
SEDG	F	--0.19%
RUN	F	--0.21%
MRNA	F	--0.22%
ENPH	F	--0.23%
WOLF	F	--0.25%
TXG	F	--0.26%
NTLA	F	--0.27%
RKT	F	--0.29%
CELH	F	--0.29%
RIVN	F	--0.3%
OPEN	D	--0.3%
EL	F	--0.31%
BRZE	C	--0.33%
COTY	F	--0.33%
ELF	C	--0.35%
SHLS	F	--0.35%
ARWR	F	--0.35%
AES	F	--0.35%
TFX	F	--0.36%
RGEN	D	--0.37%
NVCR	C	--0.38%
RIG	D	--0.38%
CNM	D	--0.38%
IDXX	F	--0.39%
ELAN	D	--0.39%
PINS	D	--0.4%
WBA	F	--0.4%
FND	C	--0.4%
AMD	F	--0.4%
BLD	D	--0.4%
KMX	B	--0.4%
ROIV	C	--0.41%
AGNC	D	--0.41%
W	F	--0.41%
CRL	C	--0.41%
DNLI	D	--0.42%
FCX	D	--0.42%
CZR	F	--0.42%
UBER	D	--0.42%
CSGP	D	--0.42%
ILMN	D	--0.43%
CRSP	D	--0.43%
MGM	D	--0.43%
ALGN	D	--0.43%
PATH	C	--0.43%
BLDR	D	--0.44%
F	C	--0.44%
TRU	D	--0.44%
EW	C	--0.44%
RYN	D	--0.44%
APG	B	--0.44%
TREX	C	--0.45%
DAR	C	--0.45%
VEEV	C	--0.46%
BXP	D	--0.46%
ZS	C	--0.46%
JLL	D	--0.46%
ANET	C	--0.46%
PENN	C	--0.46%
ROKU	D	--0.47%
HHH	B	--0.47%
AXTA	A	--0.49%
USFD	A	--0.49%
PFGC	B	--0.49%
GH	B	--0.49%
SNAP	C	--0.49%
CFG	B	--0.49%
NVT	B	--0.49%
TTD	B	--0.5%
NET	B	--0.5%
CAR	C	--0.51%
RMBS	C	--0.51%
GNRC	B	--0.51%
TT	A	--0.51%
CBRE	B	--0.51%
RBLX	C	--0.51%
COHR	B	--0.52%
PEN	B	--0.52%
ETN	A	--0.52%
IOT	A	--0.52%
VNO	B	--0.52%
PYPL	B	--0.52%
MDB	C	--0.53%
AR	B	--0.53%
JHG	A	--0.53%
RH	B	--0.53%
FYBR	D	--0.53%
DKNG	B	--0.53%
INTC	D	--0.54%
FOUR	B	--0.54%
XPO	B	--0.54%
AA	B	--0.56%
DAY	B	--0.56%
Z	A	--0.56%
GME	C	--0.56%
EXPE	B	--0.56%
MRVL	B	--0.56%
TDOC	C	--0.56%
NTRA	B	--0.56%
CRWD	B	--0.57%
GTLS	B	--0.58%
PODD	C	--0.59%
DASH	A	--0.59%
SAIA	B	--0.59%
SQ	B	--0.6%
LYV	A	--0.62%
LITE	B	--0.62%
DUOL	A	--0.63%
CCL	B	--0.63%
LYFT	C	--0.65%
CVNA	B	--0.68%
PTON	B	--0.69%
TSLA	B	--0.7%
TOST	B	--0.71%
COIN	C	--0.71%
HOOD	B	--0.72%
AXON	A	--0.74%
SOFI	A	--0.79%
AFRM	B	--0.84%
PLTR	B	--0.87%