DTD vs. ILCB ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to iShares Morningstar U.S. Equity ETF (ILCB)

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

$79.09

Average Daily Volume

23,147

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$82.72

Average Daily Volume

41,233

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

Performance

Period	DTD	ILCB
30 Days	1.38%	2.38%
60 Days	5.70%	6.56%
90 Days	8.06%	8.24%
12 Months	31.57%	34.23%

396 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in ILCB	Overlap
	A	F	0.04%	0.08%	0.04%
	AAPL	C	3.06%	6.14%	3.06%
	ABBV	D	2.32%	0.66%	0.66%
	ABT	C	0.42%	0.38%	0.38%
	ACI	C	0.04%	0.01%	0.01%
	ACM	B	0.02%	0.03%	0.02%
	ADI	F	0.23%	0.21%	0.21%
	ADM	F	0.08%	0.05%	0.05%
	ADP	A	0.34%	0.23%	0.23%
	AEE	A	0.11%	0.05%	0.05%
	AEP	D	0.24%	0.1%	0.1%
	AFG	A	0.03%	0.02%	0.02%
	AFL	C	0.25%	0.1%	0.1%
	AIG	B	0.13%	0.09%	0.09%
	AJG	A	0.07%	0.12%	0.07%
	ALB	B	0.02%	0.02%	0.02%
	ALL	A	0.15%	0.1%	0.1%
	ALLY	C	0.05%	0.02%	0.02%
	AMAT	F	0.15%	0.3%	0.15%
	AME	A	0.05%	0.08%	0.05%
	AMGN	F	0.59%	0.33%	0.33%
	AMH	C	0.02%	0.02%	0.02%
	AMP	A	0.14%	0.1%	0.1%
	AMT	F	0.27%	0.18%	0.18%
	AOS	F	0.03%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APD	B	0.19%	0.13%	0.13%
	APH	B	0.15%	0.17%	0.15%
	APO	B	0.2%	0.12%	0.12%
	ARE	F	0.08%	0.03%	0.03%
	ARES	B	0.1%	0.06%	0.06%
	ATO	A	0.1%	0.04%	0.04%
	AVB	A	0.16%	0.06%	0.06%
	AVGO	C	2.53%	1.58%	1.58%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.06%	0.05%	0.05%
	AXP	B	0.32%	0.31%	0.31%
	BAC	A	1.19%	0.57%	0.57%
	BAH	C	0.04%	0.04%	0.04%
	BALL	D	0.03%	0.04%	0.03%
	BBY	D	0.1%	0.03%	0.03%
	BDX	D	0.11%	0.13%	0.11%
	BEN	C	0.06%	0.01%	0.01%
	BK	B	0.23%	0.11%	0.11%
	BKNG	A	0.3%	0.32%	0.3%
	BKR	B	0.12%	0.08%	0.08%
	BMY	B	0.54%	0.21%	0.21%
	BR	A	0.07%	0.05%	0.05%
	BRKR	F	0.01%	0.01%	0.01%
	BRO	A	0.04%	0.05%	0.04%
	BSY	F	0.01%	0.01%	0.01%
	BX	A	0.38%	0.24%	0.24%
	C	A	0.62%	0.25%	0.25%
	CAG	F	0.07%	0.03%	0.03%
	CAH	A	0.06%	0.06%	0.06%
	CARR	C	0.1%	0.12%	0.1%
	CASY	B	0.02%	0.03%	0.02%
	CAT	C	0.48%	0.36%	0.36%
	CCI	F	0.23%	0.09%	0.09%
	CCK	D	0.01%	0.02%	0.01%
	CDW	F	0.04%	0.05%	0.04%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.09%	0.14%	0.09%
	CF	B	0.04%	0.03%	0.03%
	CG	C	0.08%	0.02%	0.02%
	CHD	B	0.04%	0.05%	0.04%
	CHDN	C	0.01%	0.02%	0.01%
	CI	D	0.2%	0.17%	0.17%
	CINF	A	0.08%	0.04%	0.04%
	CL	F	0.3%	0.14%	0.14%
	CLX	A	0.07%	0.04%	0.04%
	CMCSA	B	0.88%	0.32%	0.32%
	CME	A	0.18%	0.15%	0.15%
	CMI	A	0.16%	0.09%	0.09%
	CMS	C	0.07%	0.04%	0.04%
	CNP	B	0.05%	0.04%	0.04%
	COF	B	0.16%	0.13%	0.13%
	COP	C	0.32%	0.24%	0.24%
	COR	A	0.07%	0.08%	0.07%
	COST	B	0.43%	0.79%	0.43%
	CPB	F	0.05%	0.02%	0.02%
	CPT	C	0.03%	0.02%	0.02%
	CRM	B	0.23%	0.56%	0.23%
	CSCO	A	1.27%	0.44%	0.44%
	CSL	B	0.04%	0.04%	0.04%
	CSX	B	0.1%	0.13%	0.1%
	CTAS	A	0.15%	0.15%	0.15%
	CTSH	A	0.08%	0.08%	0.08%
	CVS	F	0.26%	0.13%	0.13%
	CVX	B	1.49%	0.5%	0.5%
	D	D	0.32%	0.09%	0.09%
	DAL	A	0.05%	0.07%	0.05%
	DD	D	0.09%	0.07%	0.07%
	DE	D	0.19%	0.19%	0.19%
	DELL	B	0.07%	0.07%	0.07%
	DFS	B	0.13%	0.08%	0.08%
	DGX	A	0.04%	0.03%	0.03%
	DHI	F	0.07%	0.1%	0.07%
	DHR	F	0.15%	0.3%	0.15%
	DINO	D	0.03%	0.01%	0.01%
	DIS	B	0.16%	0.34%	0.16%
	DKS	F	0.04%	0.02%	0.02%
	DLR	C	0.18%	0.11%	0.11%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.21%	0.06%	0.06%
	DPZ	C	0.03%	0.03%	0.03%
	DRI	B	0.11%	0.04%	0.04%
	DTE	D	0.09%	0.05%	0.05%
	DUK	D	0.39%	0.17%	0.17%
	EA	A	0.04%	0.07%	0.04%
	EBAY	C	0.09%	0.06%	0.06%
	ECL	C	0.12%	0.12%	0.12%
	ED	D	0.19%	0.06%	0.06%
	EFX	D	0.03%	0.06%	0.03%
	EIX	C	0.15%	0.06%	0.06%
	ELS	C	0.02%	0.02%	0.02%
	ELV	F	0.14%	0.18%	0.14%
	EME	B	0.01%	0.05%	0.01%
	EMN	D	0.05%	0.02%	0.02%
	EMR	A	0.19%	0.14%	0.14%
	EOG	A	0.39%	0.15%	0.15%
	EQH	B	0.05%	0.02%	0.02%
	EQIX	B	0.16%	0.16%	0.16%
	EQR	C	0.1%	0.05%	0.05%
	EQT	B	0.07%	0.04%	0.04%
	ERIE	F	0.04%	0.02%	0.02%
	ES	D	0.11%	0.04%	0.04%
	ESS	C	0.05%	0.04%	0.04%
	ETR	B	0.22%	0.06%	0.06%
	EVRG	A	0.08%	0.03%	0.03%
	EXC	C	0.15%	0.07%	0.07%
	EXPD	D	0.03%	0.03%	0.03%
	EXR	D	0.15%	0.07%	0.07%
	FANG	D	0.09%	0.06%	0.06%
	FAST	A	0.18%	0.09%	0.09%
	FCNCA	B	0.03%	0.05%	0.03%
	FDS	A	0.02%	0.03%	0.02%
	FDX	B	0.15%	0.12%	0.12%
	FE	D	0.11%	0.04%	0.04%
	FIS	B	0.2%	0.09%	0.09%
	FITB	A	0.15%	0.06%	0.06%
	FIX	B	0.01%	0.03%	0.01%
	FNF	C	0.07%	0.02%	0.02%
	FOX	A	0.05%	0.01%	0.01%
	FTV	D	0.02%	0.05%	0.02%
	GD	A	0.2%	0.14%	0.14%
	GE	C	0.16%	0.38%	0.16%
	GEHC	F	0.03%	0.06%	0.03%
	GEN	A	0.05%	0.03%	0.03%
	GGG	B	0.02%	0.03%	0.02%
	GILD	C	0.5%	0.23%	0.23%
	GIS	F	0.16%	0.07%	0.07%
	GLPI	D	0.06%	0.02%	0.02%
	GLW	C	0.17%	0.07%	0.07%
	GM	A	0.1%	0.12%	0.1%
	GOOG	B	0.57%	1.77%	0.57%
	GOOGL	B	0.88%	1.97%	0.88%
	GPC	D	0.06%	0.03%	0.03%
	GPN	B	0.03%	0.05%	0.03%
	GS	B	0.67%	0.36%	0.36%
	GWW	B	0.1%	0.1%	0.1%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	B	0.13%	0.05%	0.05%
	HCA	D	0.11%	0.13%	0.11%
	HD	B	1.74%	0.76%	0.76%
	HEI	B	0.03%	0.03%	0.03%
	HEI	B	0.03%	0.02%	0.02%
	HES	C	0.06%	0.07%	0.06%
	HIG	C	0.13%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HLT	A	0.06%	0.11%	0.06%
	HON	B	0.49%	0.27%	0.27%
	HPE	B	0.08%	0.05%	0.05%
	HPQ	B	0.15%	0.07%	0.07%
	HRL	F	0.07%	0.02%	0.02%
	HST	C	0.04%	0.02%	0.02%
	HSY	D	0.07%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	D	0.03%	0.06%	0.03%
	HWM	A	0.04%	0.09%	0.04%
	IBKR	A	0.02%	0.03%	0.02%
	IBM	C	1.22%	0.37%	0.37%
	ICE	D	0.21%	0.17%	0.17%
	IEX	B	0.02%	0.03%	0.02%
	INTU	A	0.16%	0.36%	0.16%
	INVH	D	0.04%	0.04%	0.04%
	IP	C	0.11%	0.04%	0.04%
	IPG	F	0.06%	0.02%	0.02%
	IR	A	0.05%	0.08%	0.05%
	IRM	D	0.12%	0.07%	0.07%
	ITW	A	0.31%	0.15%	0.15%
	J	B	0.02%	0.04%	0.02%
	JBHT	B	0.02%	0.03%	0.02%
	JBL	C	0.02%	0.03%	0.02%
	JKHY	C	0.02%	0.02%	0.02%
	JNJ	D	1.88%	0.71%	0.71%
	JNPR	D	0.05%	0.02%	0.02%
	JPM	B	3.03%	1.27%	1.27%
	K	A	0.13%	0.04%	0.04%
	KDP	D	0.14%	0.07%	0.07%
	KHC	F	0.21%	0.05%	0.05%
	KIM	A	0.05%	0.03%	0.03%
	KKR	B	0.13%	0.19%	0.13%
	KLAC	F	0.11%	0.17%	0.11%
	KMB	F	0.26%	0.09%	0.09%
	KO	F	1.41%	0.47%	0.47%
	KR	A	0.16%	0.08%	0.08%
	KVUE	B	0.19%	0.08%	0.08%
	L	A	0.01%	0.03%	0.01%
	LDOS	B	0.04%	0.05%	0.04%
	LECO	C	0.03%	0.02%	0.02%
	LEN	D	0.07%	0.0%	0.0%
	LEN	D	0.07%	0.08%	0.07%
	LH	A	0.03%	0.04%	0.03%
	LHX	A	0.12%	0.09%	0.09%
	LII	B	0.05%	0.04%	0.04%
	LKQ	D	0.03%	0.02%	0.02%
	LLY	F	0.62%	1.33%	0.62%
	LMT	C	0.44%	0.23%	0.23%
	LNG	B	0.08%	0.09%	0.08%
	LNT	C	0.06%	0.03%	0.03%
	LOW	B	0.56%	0.29%	0.29%
	LPLA	B	0.02%	0.04%	0.02%
	LRCX	F	0.13%	0.19%	0.13%
	LUV	B	0.06%	0.04%	0.04%
	LVS	C	0.08%	0.04%	0.04%
	LW	C	0.02%	0.02%	0.02%
	MA	B	0.44%	0.81%	0.44%
	MAA	C	0.06%	0.04%	0.04%
	MAR	A	0.14%	0.12%	0.12%
	MAS	D	0.05%	0.03%	0.03%
	MCD	C	0.82%	0.41%	0.41%
	MCHP	F	0.08%	0.07%	0.07%
	MCK	A	0.07%	0.15%	0.07%
	MCO	C	0.1%	0.14%	0.1%
	MDLZ	F	0.37%	0.17%	0.17%
	MET	C	0.22%	0.09%	0.09%
	META	B	0.94%	2.44%	0.94%
	MKC	D	0.06%	0.04%	0.04%
	MLM	B	0.04%	0.07%	0.04%
	MMC	C	0.25%	0.21%	0.21%
	MO	A	0.68%	0.17%	0.17%
	MORN	B	0.01%	0.02%	0.01%
	MOS	D	0.02%	0.02%	0.02%
	MPC	D	0.22%	0.1%	0.1%
	MPWR	F	0.03%	0.07%	0.03%
	MRK	F	0.81%	0.49%	0.49%
	MRO	B	0.04%	0.03%	0.03%
	MS	A	1.0%	0.31%	0.31%
	MSCI	B	0.05%	0.09%	0.05%
	MSFT	C	2.78%	5.93%	2.78%
	MSI	B	0.15%	0.16%	0.15%
	MTB	B	0.15%	0.07%	0.07%
	MU	D	0.09%	0.23%	0.09%
	NDAQ	A	0.07%	0.06%	0.06%
	NDSN	B	0.02%	0.03%	0.02%
	NI	A	0.06%	0.03%	0.03%
	NKE	F	0.14%	0.17%	0.14%
	NOC	C	0.14%	0.15%	0.14%
	NRG	B	0.08%	0.04%	0.04%
	NSC	B	0.16%	0.12%	0.12%
	NTAP	D	0.09%	0.05%	0.05%
	NTRS	A	0.09%	0.04%	0.04%
	NUE	C	0.06%	0.07%	0.06%
	NVDA	B	2.42%	6.61%	2.42%
	NWS	B	0.0%	0.01%	0.0%
	NWSA	B	0.03%	0.02%	0.02%
	O	D	0.25%	0.09%	0.09%
	OC	A	0.04%	0.03%	0.03%
	ODFL	B	0.04%	0.08%	0.04%
	OKE	A	0.36%	0.12%	0.12%
	OMC	B	0.08%	0.04%	0.04%
	ORCL	A	0.73%	0.57%	0.57%
	OTIS	C	0.1%	0.08%	0.08%
	OVV	C	0.04%	0.02%	0.02%
	OXY	D	0.07%	0.06%	0.06%
	PAG	B	0.03%	0.01%	0.01%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	B	0.25%	0.09%	0.09%
	PCAR	B	0.28%	0.11%	0.11%
	PCG	A	0.03%	0.08%	0.03%
	PEG	C	0.25%	0.08%	0.08%
	PEP	D	1.12%	0.43%	0.43%
	PFG	C	0.09%	0.04%	0.04%
	PG	C	1.58%	0.75%	0.75%
	PGR	A	0.12%	0.29%	0.12%
	PH	A	0.19%	0.17%	0.17%
	PHM	D	0.05%	0.05%	0.05%
	PKG	B	0.11%	0.04%	0.04%
	PLD	D	0.33%	0.2%	0.2%
	PM	C	1.15%	0.37%	0.37%
	PNC	B	0.38%	0.15%	0.15%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.08%	0.06%	0.06%
	PPL	A	0.09%	0.05%	0.05%
	PRU	B	0.24%	0.08%	0.08%
	PSA	C	0.25%	0.1%	0.1%
	PSX	D	0.2%	0.1%	0.1%
	PWR	B	0.04%	0.09%	0.04%
	QCOM	F	0.45%	0.36%	0.36%
	REG	A	0.02%	0.02%	0.02%
	RF	B	0.15%	0.04%	0.04%
	RGA	A	0.06%	0.03%	0.03%
	RJF	A	0.06%	0.06%	0.06%
	RMD	C	0.05%	0.07%	0.05%
	ROK	B	0.06%	0.06%	0.06%
	ROL	B	0.04%	0.03%	0.03%
	ROP	A	0.05%	0.11%	0.05%
	ROST	F	0.06%	0.09%	0.06%
	RPM	A	0.04%	0.03%	0.03%
	RRX	C	0.02%	0.02%	0.02%
	RS	B	0.05%	0.03%	0.03%
	RSG	A	0.1%	0.08%	0.08%
	RTX	C	0.54%	0.31%	0.31%
	SBAC	D	0.02%	0.05%	0.02%
	SBUX	B	0.3%	0.21%	0.21%
	SCHW	A	0.21%	0.2%	0.2%
	SCI	B	0.03%	0.02%	0.02%
	SHW	A	0.12%	0.17%	0.12%
	SIRI	D	0.03%	0.01%	0.01%
	SJM	F	0.05%	0.02%	0.02%
	SNA	A	0.08%	0.04%	0.04%
	SNX	C	0.02%	0.01%	0.01%
	SO	D	0.41%	0.18%	0.18%
	SPG	B	0.39%	0.1%	0.1%
	SPGI	C	0.16%	0.3%	0.16%
	SRE	A	0.2%	0.11%	0.11%
	SSNC	C	0.03%	0.03%	0.03%
	STLD	B	0.05%	0.04%	0.04%
	STT	B	0.13%	0.05%	0.05%
	STZ	D	0.11%	0.07%	0.07%
	SUI	D	0.03%	0.03%	0.03%
	SW	C	0.05%	0.05%	0.05%
	SWK	F	0.06%	0.03%	0.03%
	SWKS	F	0.04%	0.03%	0.03%
	SYF	B	0.09%	0.05%	0.05%
	SYK	A	0.23%	0.26%	0.23%
	SYY	B	0.18%	0.07%	0.07%
	TAP	B	0.04%	0.02%	0.02%
	TECH	B	0.01%	0.02%	0.01%
	TER	F	0.02%	0.03%	0.02%
	TGT	C	0.24%	0.13%	0.13%
	TJX	B	0.34%	0.25%	0.25%
	TMO	F	0.17%	0.4%	0.17%
	TMUS	A	0.73%	0.22%	0.22%
	TOL	C	0.01%	0.03%	0.01%
	TPL	B	0.04%	0.05%	0.04%
	TRGP	B	0.1%	0.08%	0.08%
	TROW	B	0.13%	0.05%	0.05%
	TRV	B	0.14%	0.11%	0.11%
	TSCO	C	0.08%	0.06%	0.06%
	TSN	C	0.07%	0.03%	0.03%
	TTEK	C	0.02%	0.02%	0.02%
	TW	C	0.02%	0.03%	0.02%
	TXN	C	0.69%	0.38%	0.38%
	TXT	C	0.02%	0.03%	0.02%
	UDR	C	0.05%	0.03%	0.03%
	UHS	D	0.02%	0.02%	0.02%
	UNH	B	1.24%	1.07%	1.07%
	UNM	A	0.06%	0.02%	0.02%
	UNP	C	0.37%	0.28%	0.28%
	UPS	C	0.44%	0.18%	0.18%
	URI	B	0.08%	0.11%	0.08%
	USB	A	0.41%	0.15%	0.15%
	V	A	0.66%	0.97%	0.66%
	VICI	D	0.25%	0.06%	0.06%
	VLO	D	0.16%	0.08%	0.08%
	VLTO	C	0.01%	0.05%	0.01%
	VMC	B	0.05%	0.07%	0.05%
	VRSK	A	0.03%	0.08%	0.03%
	VRT	B	0.03%	0.09%	0.03%
	VST	B	0.17%	0.09%	0.09%
	VTR	C	0.08%	0.05%	0.05%
	VTRS	B	0.09%	0.03%	0.03%
	WAB	A	0.04%	0.07%	0.04%
	WEC	B	0.11%	0.06%	0.06%
	WELL	B	0.19%	0.16%	0.16%
	WFC	A	0.86%	0.45%	0.45%
	WLK	F	0.03%	0.01%	0.01%
	WM	A	0.23%	0.15%	0.15%
	WMB	B	0.35%	0.13%	0.13%
	WMS	F	0.02%	0.02%	0.02%
	WMT	A	1.58%	0.69%	0.69%
	WPC	F	0.06%	0.02%	0.02%
	WRB	B	0.07%	0.03%	0.03%
	WSM	F	0.06%	0.03%	0.03%
	WSO	A	0.06%	0.04%	0.04%
	WST	B	0.03%	0.04%	0.03%
	WTRG	C	0.03%	0.02%	0.02%
	WY	F	0.05%	0.04%	0.04%
	XEL	A	0.21%	0.07%	0.07%
	XOM	B	2.47%	1.01%	1.01%
	XYL	D	0.04%	0.06%	0.04%
	YUM	B	0.11%	0.07%	0.07%
	ZBH	C	0.02%	0.04%	0.02%
	ZTS	D	0.12%	0.15%	0.12%

DTD Overweight 416 Positions Relative to ILCB

	Symbol	Grade	Weight
	CRBG	C	0.1%
	ORI	A	0.07%
	AM	B	0.07%
	PNW	B	0.07%
	CUBE	D	0.06%
	OGE	B	0.06%
	TPR	B	0.06%
	JXN	B	0.06%
	TXRH	A	0.06%
	CMA	A	0.06%
	LAMR	D	0.06%
	JEF	A	0.06%
	EWBC	B	0.06%
	WBS	A	0.05%
	LNC	B	0.05%
	INGR	B	0.05%
	CBOE	D	0.05%
	OMF	A	0.05%
	HRB	D	0.05%
	EVR	B	0.05%
	DTM	B	0.05%
	CNA	C	0.05%
	OWL	B	0.05%
	VLY	B	0.04%
	BKH	B	0.04%
	RL	B	0.04%
	CFR	B	0.04%
	RDN	C	0.04%
	CHRW	A	0.04%
	MLI	B	0.04%
	MTG	C	0.04%
	ZION	B	0.04%
	HLI	B	0.04%
	NWE	C	0.04%
	ITT	A	0.04%
	FRT	C	0.04%
	CIVI	F	0.04%
	NNN	F	0.04%
	FNB	A	0.04%
	FHB	B	0.04%
	BRX	A	0.04%
	UI	B	0.04%
	SNV	B	0.04%
	CHRD	F	0.04%
	SASR	A	0.03%
	RUSHA	B	0.03%
	PNM	B	0.03%
	TNL	A	0.03%
	ATR	A	0.03%
	SMG	D	0.03%
	BOKF	B	0.03%
	ACT	C	0.03%
	CNO	B	0.03%
	KBH	D	0.03%
	AVT	C	0.03%
	TMP	B	0.03%
	CNS	C	0.03%
	SAIC	C	0.03%
	BANF	B	0.03%
	OFG	B	0.03%
	SR	C	0.03%
	AUB	B	0.03%
	EHC	A	0.03%
	CATY	B	0.03%
	BWXT	A	0.03%
	MSM	B	0.03%
	GAP	B	0.03%
	SON	D	0.03%
	GPK	D	0.03%
	HLNE	B	0.03%
	ALE	A	0.03%
	JWN	B	0.03%
	DCI	A	0.03%
	AIZ	A	0.03%
	CBT	C	0.03%
	R	A	0.03%
	WSBC	B	0.03%
	POR	D	0.03%
	OGS	A	0.03%
	NXST	C	0.03%
	PATK	C	0.03%
	FLO	F	0.03%
	OZK	B	0.03%
	FAF	C	0.03%
	FBP	B	0.03%
	OGN	F	0.03%
	VCTR	B	0.03%
	WU	F	0.03%
	COLB	B	0.03%
	WEN	C	0.03%
	MTN	D	0.03%
	FLS	B	0.03%
	PB	B	0.03%
	HOMB	A	0.03%
	NFG	C	0.03%
	FIBK	B	0.03%
	AROC	B	0.03%
	SFNC	B	0.03%
	WAL	B	0.03%
	SF	B	0.03%
	TFSL	A	0.03%
	AWR	B	0.03%
	AVA	C	0.03%
	BPOP	C	0.03%
	MC	B	0.03%
	PRI	A	0.03%
	BANR	B	0.03%
	PFS	B	0.03%
	ALSN	A	0.03%
	AIT	A	0.03%
	CCOI	C	0.03%
	ASB	B	0.03%
	UGI	D	0.03%
	SHOO	D	0.02%
	ZWS	B	0.02%
	HTH	B	0.02%
	UMBF	B	0.02%
	HTLF	B	0.02%
	CRI	D	0.02%
	SLG	C	0.02%
	PR	C	0.02%
	FRME	B	0.02%
	SSD	D	0.02%
	UVSP	B	0.02%
	MDU	F	0.02%
	IOSP	B	0.02%
	BANC	B	0.02%
	POWL	B	0.02%
	BERY	C	0.02%
	SPB	B	0.02%
	SYBT	B	0.02%
	WAFD	B	0.02%
	STEP	B	0.02%
	HWC	B	0.02%
	RNST	B	0.02%
	CWEN	D	0.02%
	WHD	B	0.02%
	ARMK	B	0.02%
	TKO	D	0.02%
	BC	C	0.02%
	VAC	B	0.02%
	BKE	A	0.02%
	SLVM	C	0.02%
	UPBD	B	0.02%
	KFY	B	0.02%
	M	D	0.02%
	SEM	B	0.02%
	WSFS	B	0.02%
	AL	B	0.02%
	NSA	D	0.02%
	MRTN	B	0.02%
	BNL	D	0.02%
	BFH	B	0.02%
	OTTR	C	0.02%
	IBTX	B	0.02%
	SEIC	A	0.02%
	STC	C	0.02%
	BRC	A	0.02%
	TDS	B	0.02%
	HUN	F	0.02%
	GNTX	C	0.02%
	LAD	B	0.02%
	BYD	A	0.02%
	NYT	C	0.02%
	APOG	B	0.02%
	MCY	B	0.02%
	BWA	B	0.02%
	FCPT	C	0.02%
	IPAR	B	0.02%
	VIRT	B	0.02%
	NEU	C	0.02%
	CCS	F	0.02%
	WWD	B	0.02%
	MGY	B	0.02%
	UBSI	B	0.02%
	EPR	D	0.02%
	IDA	A	0.02%
	MATX	A	0.02%
	RHP	B	0.02%
	ADTN	B	0.02%
	HNI	B	0.02%
	RHI	B	0.02%
	FCF	B	0.02%
	OSK	B	0.02%
	CRC	B	0.02%
	PINC	A	0.02%
	BRKL	B	0.02%
	CAKE	B	0.02%
	NBHC	B	0.02%
	MWA	B	0.02%
	PEBO	B	0.02%
	CMC	B	0.02%
	LCII	C	0.02%
	VRTS	B	0.02%
	FFBC	B	0.02%
	OCFC	B	0.02%
	EXP	B	0.02%
	LPX	B	0.02%
	SBRA	C	0.02%
	MUR	F	0.02%
	TRMK	B	0.02%
	HAFC	B	0.02%
	KMT	B	0.02%
	BBWI	C	0.02%
	LSTR	B	0.02%
	THO	B	0.02%
	FULT	B	0.02%
	GTY	B	0.02%
	PII	F	0.02%
	STAG	D	0.02%
	IDCC	B	0.02%
	SLM	B	0.02%
	CVBF	B	0.02%
	CBSH	A	0.02%
	KNTK	B	0.02%
	BUSE	B	0.02%
	VOYA	B	0.02%
	SWX	B	0.02%
	FBIN	F	0.02%
	RGLD	C	0.02%
	TTC	F	0.02%
	STBA	B	0.02%
	LANC	C	0.02%
	IBOC	B	0.02%
	CBU	B	0.02%
	UFPI	B	0.02%
	SSB	B	0.02%
	TRST	B	0.02%
	ESI	B	0.02%
	PRGS	A	0.02%
	HRI	B	0.02%
	ONB	B	0.02%
	TPG	B	0.02%
	AVNT	B	0.02%
	NJR	A	0.02%
	CADE	B	0.02%
	GEF	A	0.02%
	REYN	D	0.02%
	TRN	B	0.02%
	TKR	F	0.02%
	GBCI	B	0.02%
	NOG	B	0.02%
	FBMS	B	0.02%
	QCRH	B	0.02%
	AWI	B	0.02%
	KTB	B	0.02%
	WH	A	0.02%
	IIPR	F	0.01%
	CHCO	B	0.01%
	DAN	D	0.01%
	DK	D	0.01%
	CNXC	F	0.01%
	LZB	C	0.01%
	AESI	C	0.01%
	COKE	C	0.01%
	IRDM	C	0.01%
	HI	C	0.01%
	CABO	B	0.01%
	WMG	B	0.01%
	BMI	B	0.01%
	IBP	F	0.01%
	COLD	F	0.01%
	LXP	C	0.01%
	DLB	C	0.01%
	GES	F	0.01%
	TEX	D	0.01%
	MLKN	D	0.01%
	PCH	F	0.01%
	PRDO	B	0.01%
	OXM	D	0.01%
	WOR	F	0.01%
	ENS	D	0.01%
	MUSA	B	0.01%
	KNSL	C	0.01%
	VSH	F	0.01%
	SCL	C	0.01%
	SCS	C	0.01%
	WINA	B	0.01%
	HXL	D	0.01%
	LEVI	F	0.01%
	LBRT	F	0.01%
	CHE	D	0.01%
	DLX	A	0.01%
	GBX	A	0.01%
	CWEN	D	0.01%
	ASH	F	0.01%
	MCRI	A	0.01%
	PBI	C	0.01%
	AGM	B	0.01%
	DIN	C	0.01%
	GRNT	B	0.01%
	GL	B	0.01%
	OLED	F	0.01%
	CHH	B	0.01%
	HOG	F	0.01%
	XRX	F	0.01%
	SLGN	A	0.01%
	WKC	D	0.01%
	ORA	C	0.01%
	BLMN	F	0.01%
	AMKR	F	0.01%
	SFBS	B	0.01%
	COLM	B	0.01%
	RGP	D	0.01%
	AAON	B	0.01%
	HEES	B	0.01%
	EGP	C	0.01%
	CXT	D	0.01%
	PTVE	C	0.01%
	SEB	D	0.01%
	ENR	B	0.01%
	NAVI	D	0.01%
	JJSF	B	0.01%
	RLI	A	0.01%
	PBF	F	0.01%
	XRAY	F	0.01%
	KRO	D	0.01%
	UCB	B	0.01%
	MTDR	C	0.01%
	UVV	B	0.01%
	KALU	B	0.01%
	SAFT	B	0.01%
	LEG	F	0.01%
	RRR	F	0.01%
	WCC	B	0.01%
	UTZ	F	0.01%
	KRC	C	0.01%
	MKTX	C	0.01%
	PDCO	F	0.01%
	MAN	F	0.01%
	AZZ	B	0.01%
	HP	C	0.01%
	BTU	B	0.01%
	SIGI	B	0.01%
	X	C	0.01%
	CRGY	B	0.01%
	AMSF	A	0.01%
	WERN	B	0.01%
	CC	C	0.01%
	CPK	A	0.01%
	BOH	B	0.01%
	KWR	C	0.01%
	EDR	C	0.01%
	MSA	D	0.01%
	HMN	B	0.01%
	KSS	F	0.01%
	WDFC	B	0.01%
	SSBK	B	0.01%
	FG	B	0.01%
	CHX	D	0.01%
	MMS	D	0.01%
	BHE	C	0.01%
	WMK	B	0.01%
	SRCE	B	0.01%
	EXPO	D	0.01%
	CVI	F	0.01%
	ADC	A	0.01%
	OLN	D	0.01%
	SM	C	0.01%
	PFBC	B	0.01%
	DNB	B	0.01%
	KBR	B	0.01%
	EPC	F	0.01%
	STRA	C	0.01%
	NSP	F	0.01%
	ABM	B	0.01%
	SNDR	B	0.01%
	PZZA	D	0.01%
	EBC	B	0.01%
	UTL	C	0.01%
	CFFN	B	0.01%
	VMI	B	0.01%
	WWW	B	0.01%
	BCO	F	0.01%
	KLG	D	0.01%
	PHIN	B	0.01%
	LEA	F	0.01%
	MKSI	C	0.01%
	BKU	B	0.01%
	FFIN	B	0.01%
	GOLF	B	0.01%
	WGO	B	0.01%
	GATX	A	0.01%
	LFUS	D	0.01%
	JBT	A	0.01%
	WTFC	B	0.01%
	KMPR	A	0.01%
	PNFP	B	0.01%
	PRK	B	0.01%
	PFSI	D	0.01%
	MGEE	A	0.01%
	AGCO	F	0.01%
	NOV	C	0.01%
	EGBN	B	0.01%
	MSBI	B	0.01%
	SKT	B	0.01%
	AEO	F	0.01%
	THG	A	0.01%
	WD	D	0.01%
	SXT	B	0.01%
	TPX	B	0.01%
	CRS	B	0.01%
	PTEN	C	0.01%
	SEE	C	0.01%
	FR	C	0.01%
	RRC	B	0.01%
	MAC	B	0.0%
	POWI	C	0.0%
	KW	C	0.0%
	GTN	F	0.0%
	RELL	C	0.0%
	NFE	F	0.0%
	NUS	D	0.0%
	CWH	C	0.0%
	UWMC	F	0.0%
	BGS	F	0.0%

DTD Underweight 218 Positions Relative to ILCB

	Symbol	Grade	Weight
	AMZN	A	-3.72%
	TSLA	B	-1.68%
	BRK.A	B	-1.57%
	NFLX	A	-0.64%
	AMD	F	-0.45%
	LIN	D	-0.42%
	ACN	C	-0.42%
	ADBE	C	-0.41%
	NOW	A	-0.39%
	ISRG	A	-0.36%
	VZ	C	-0.32%
	NEE	D	-0.3%
	T	A	-0.3%
	PFE	F	-0.29%
	BLK	B	-0.29%
	ETN	A	-0.28%
	UBER	F	-0.27%
	VRTX	B	-0.25%
	PANW	A	-0.24%
	BSX	A	-0.24%
	FI	A	-0.23%
	PLTR	B	-0.22%
	INTC	C	-0.21%
	MDT	D	-0.21%
	BA	F	-0.21%
	CB	C	-0.2%
	ANET	C	-0.19%
	GEV	B	-0.18%
	REGN	F	-0.17%
	MELI	D	-0.17%
	TT	A	-0.17%
	AON	A	-0.16%
	PYPL	A	-0.16%
	SNPS	B	-0.16%
	CMG	B	-0.15%
	MRVL	B	-0.15%
	CDNS	B	-0.15%
	MMM	C	-0.14%
	TDG	B	-0.14%
	CRWD	B	-0.14%
	FCX	F	-0.13%
	CRH	B	-0.13%
	ORLY	A	-0.13%
	SLB	C	-0.12%
	ADSK	A	-0.12%
	TTD	B	-0.11%
	JCI	A	-0.11%
	ABNB	C	-0.11%
	FICO	B	-0.11%
	NXPI	F	-0.11%
	FTNT	B	-0.11%
	APP	B	-0.11%
	TFC	B	-0.11%
	NEM	F	-0.1%
	AZO	C	-0.1%
	RCL	A	-0.1%
	DASH	A	-0.1%
	KMI	B	-0.1%
	COIN	B	-0.1%
	WDAY	B	-0.1%
	MSTR	B	-0.09%
	TEL	B	-0.09%
	CPRT	A	-0.09%
	EW	D	-0.08%
	IQV	F	-0.08%
	CTVA	C	-0.08%
	CBRE	A	-0.08%
	SQ	B	-0.08%
	IT	A	-0.08%
	FERG	B	-0.08%
	F	C	-0.08%
	AXON	B	-0.08%
	ALNY	D	-0.07%
	VEEV	B	-0.07%
	IDXX	D	-0.07%
	DDOG	B	-0.07%
	TEAM	B	-0.07%
	MNST	B	-0.07%
	ACGL	D	-0.07%
	CHTR	B	-0.07%
	SNOW	C	-0.07%
	TTWO	A	-0.06%
	ANSS	B	-0.06%
	ON	F	-0.06%
	CSGP	D	-0.06%
	CNC	F	-0.06%
	GRMN	A	-0.06%
	WTW	A	-0.06%
	HUBS	B	-0.06%
	LULU	C	-0.06%
	ILMN	C	-0.05%
	CCL	A	-0.05%
	DVN	F	-0.05%
	BIIB	F	-0.05%
	CPAY	A	-0.05%
	TYL	B	-0.05%
	NVR	D	-0.05%
	DECK	B	-0.05%
	RBLX	B	-0.05%
	NET	B	-0.05%
	DXCM	C	-0.05%
	MTD	F	-0.05%
	UAL	B	-0.05%
	KEYS	C	-0.05%
	CPNG	B	-0.05%
	ULTA	C	-0.04%
	EXE	A	-0.04%
	MOH	F	-0.04%
	DKNG	B	-0.04%
	ZM	B	-0.04%
	FSLR	F	-0.04%
	ZBRA	A	-0.04%
	COO	D	-0.04%
	WBD	B	-0.04%
	TRU	D	-0.04%
	MDB	C	-0.04%
	CFG	B	-0.04%
	MKL	A	-0.04%
	STX	D	-0.04%
	BLDR	D	-0.04%
	STE	F	-0.04%
	LYB	F	-0.04%
	WDC	D	-0.04%
	WAT	A	-0.04%
	EXPE	B	-0.04%
	PTC	B	-0.04%
	TDY	A	-0.04%
	IFF	F	-0.04%
	GDDY	A	-0.04%
	CLH	B	-0.03%
	PFGC	B	-0.03%
	AKAM	F	-0.03%
	APTV	D	-0.03%
	INCY	B	-0.03%
	RNR	D	-0.03%
	FFIV	A	-0.03%
	SAIA	B	-0.03%
	DT	C	-0.03%
	AMCR	D	-0.03%
	EL	F	-0.03%
	RVTY	C	-0.03%
	AVTR	F	-0.03%
	USFD	A	-0.03%
	TWLO	A	-0.03%
	HOOD	B	-0.03%
	MRNA	F	-0.03%
	UTHR	B	-0.03%
	EG	D	-0.03%
	ENTG	D	-0.03%
	VRSN	C	-0.03%
	DOC	C	-0.03%
	THC	B	-0.03%
	DOCU	B	-0.03%
	PSTG	D	-0.03%
	FLEX	B	-0.03%
	ALGN	F	-0.03%
	NTRA	B	-0.03%
	BURL	C	-0.03%
	DG	F	-0.03%
	PNR	A	-0.03%
	FWONK	A	-0.03%
	NTNX	B	-0.03%
	MANH	C	-0.03%
	PINS	F	-0.03%
	XPO	B	-0.03%
	BAX	F	-0.03%
	ZS	B	-0.03%
	TRMB	B	-0.03%
	KEY	B	-0.03%
	HOLX	D	-0.03%
	LYV	B	-0.03%
	CTRA	B	-0.03%
	PODD	B	-0.03%
	WYNN	F	-0.02%
	MGM	D	-0.02%
	AR	B	-0.02%
	ENPH	F	-0.02%
	MEDP	C	-0.02%
	TFX	F	-0.02%
	EXAS	F	-0.02%
	AES	F	-0.02%
	CNH	D	-0.02%
	WING	D	-0.02%
	SOLV	D	-0.02%
	FOXA	A	-0.02%
	RPRX	F	-0.02%
	FND	F	-0.02%
	CRL	C	-0.02%
	SRPT	F	-0.02%
	BJ	B	-0.02%
	KMX	C	-0.02%
	BLD	F	-0.02%
	BG	D	-0.02%
	SMCI	F	-0.02%
	OKTA	C	-0.02%
	DLTR	F	-0.02%
	NVT	B	-0.02%
	ALLE	D	-0.02%
	BMRN	F	-0.02%
	DAY	C	-0.02%
	NBIX	C	-0.02%
	SNAP	C	-0.02%
	BXP	D	-0.02%
	EPAM	B	-0.02%
	COTY	F	-0.01%
	CELH	F	-0.01%
	U	F	-0.01%
	PCOR	B	-0.01%
	WBA	D	-0.01%
	UHAL	C	-0.01%
	QRVO	F	-0.01%
	AZPN	A	-0.01%
	DVA	C	-0.01%
	CNM	D	-0.01%
	UHAL	C	-0.0%
	FWONA	A	-0.0%
	AGR	C	-0.0%
	ALAB	B	-0.0%

DTD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Oil & Gas E&P Utilities - Regulated Electric Business Services Specialty Chemicals Capital Markets Insurance - Property & Casualty Packaged Foods Packaging & Containers Credit Services REIT - Retail Restaurants Utilities - Diversified Building Materials Semiconductors Aerospace & Defense Insurance - Life REIT - Industrial

Keywords: S&P 500 Bank Banking Natural Gas Insurance Nasdaq 100 Deposit Products Electricity Real Estate Investment Trust Chemical Mining Real Estate Loans Electronics Commercial Banking Aerospace Computing Investment Management Insurance Products Commercial Bank Plastic

ILCB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Utilities - Regulated Electric Semiconductors Oil & Gas E&P Asset Management Specialty Retail Biotechnology Capital Markets Software - Infrastructure Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Aerospace Chemical Medicine Telecommunications Real Estate Investment Trust Semiconductor Bank Cloud Computing Mining Banking Insurance Products Mobile Devices