DTD vs. RECS ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Columbia Research Enhanced Core ETF (RECS)

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

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.65

Average Daily Volume

393,572

Number of Holdings ^*

361

* may have additional holdings in another (foreign) market

Performance

Period	DTD	RECS
30 Days	3.20%	3.51%
60 Days	5.00%	5.75%
90 Days	6.93%	7.12%
12 Months	31.64%	35.12%

233 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in RECS	Overlap
	AAPL	C	3.03%	8.2%	3.03%
	ABBV	D	1.97%	0.55%	0.55%
	ACI	C	0.04%	0.04%	0.04%
	ACM	A	0.02%	0.06%	0.02%
	ADM	D	0.08%	0.13%	0.08%
	ADP	B	0.34%	0.52%	0.34%
	ADTN	A	0.02%	0.01%	0.01%
	AEE	A	0.12%	0.18%	0.12%
	AIZ	A	0.03%	0.06%	0.03%
	ALL	A	0.15%	0.27%	0.15%
	ALSN	B	0.03%	0.04%	0.03%
	AMGN	D	0.55%	0.29%	0.29%
	AMH	D	0.02%	0.06%	0.02%
	AMKR	D	0.01%	0.01%	0.01%
	AMT	D	0.27%	0.48%	0.27%
	AOS	F	0.02%	0.04%	0.02%
	ARE	D	0.07%	0.09%	0.07%
	ARMK	B	0.02%	0.04%	0.02%
	ASH	D	0.01%	0.03%	0.01%
	BAC	A	1.22%	1.67%	1.22%
	BDX	F	0.12%	0.41%	0.12%
	BEN	C	0.06%	0.03%	0.03%
	BK	A	0.23%	0.3%	0.23%
	BKNG	A	0.3%	0.6%	0.3%
	BLK	C	0.43%	0.79%	0.43%
	BMY	B	0.57%	0.73%	0.57%
	BR	A	0.07%	0.11%	0.07%
	BRX	A	0.04%	0.05%	0.04%
	C	A	0.63%	0.7%	0.63%
	CAG	D	0.07%	0.06%	0.06%
	CAH	B	0.07%	0.19%	0.07%
	CAT	B	0.45%	0.81%	0.45%
	CBOE	B	0.05%	0.11%	0.05%
	CE	F	0.02%	0.06%	0.02%
	CF	B	0.04%	0.13%	0.04%
	CI	F	0.21%	0.57%	0.21%
	CIVI	D	0.04%	0.02%	0.02%
	CL	D	0.3%	0.37%	0.3%
	CME	A	0.19%	0.44%	0.19%
	CMI	A	0.17%	0.21%	0.17%
	CNA	B	0.05%	0.01%	0.01%
	COKE	C	0.01%	0.03%	0.01%
	COLB	A	0.03%	0.03%	0.03%
	COLM	B	0.01%	0.01%	0.01%
	COR	B	0.07%	0.25%	0.07%
	CRBG	B	0.1%	0.04%	0.04%
	CRI	D	0.02%	0.01%	0.01%
	CRM	B	0.25%	0.74%	0.25%
	CSCO	B	1.3%	0.56%	0.56%
	CSL	C	0.04%	0.09%	0.04%
	CSX	B	0.11%	0.29%	0.11%
	CTAS	B	0.15%	0.32%	0.15%
	CVX	A	1.51%	0.8%	0.8%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.02%	0.02%	0.02%
	CWEN	C	0.02%	0.01%	0.01%
	CWEN	C	0.01%	0.01%	0.01%
	DAL	C	0.05%	0.18%	0.05%
	DCI	B	0.03%	0.04%	0.03%
	DELL	C	0.06%	0.09%	0.06%
	DHI	D	0.06%	0.17%	0.06%
	DINO	D	0.03%	0.02%	0.02%
	DIS	B	0.17%	0.48%	0.17%
	DKS	C	0.04%	0.04%	0.04%
	DTE	C	0.09%	0.19%	0.09%
	DTM	B	0.05%	0.03%	0.03%
	EA	A	0.04%	0.1%	0.04%
	EIX	B	0.15%	0.24%	0.15%
	EME	C	0.01%	0.11%	0.01%
	EOG	A	0.41%	0.23%	0.23%
	EPR	D	0.02%	0.02%	0.02%
	EQH	B	0.05%	0.08%	0.05%
	EQIX	A	0.16%	0.45%	0.16%
	ETR	B	0.22%	0.24%	0.22%
	EVRG	A	0.08%	0.11%	0.08%
	EWBC	A	0.06%	0.08%	0.06%
	EXC	C	0.15%	0.29%	0.15%
	EXP	A	0.02%	0.07%	0.02%
	EXPD	D	0.03%	0.07%	0.03%
	FANG	D	0.09%	0.1%	0.09%
	FCNCA	A	0.03%	0.15%	0.03%
	FDX	B	0.16%	0.28%	0.16%
	FITB	A	0.16%	0.17%	0.16%
	FIX	A	0.01%	0.07%	0.01%
	FLS	B	0.03%	0.03%	0.03%
	FOX	A	0.05%	0.01%	0.01%
	FTV	C	0.03%	0.11%	0.03%
	GAP	C	0.03%	0.01%	0.01%
	GEN	B	0.05%	0.04%	0.04%
	GILD	C	0.47%	0.19%	0.19%
	GIS	D	0.16%	0.17%	0.16%
	GL	B	0.01%	0.05%	0.01%
	GLPI	C	0.06%	0.07%	0.06%
	GOOG	C	0.57%	1.97%	0.57%
	GOOGL	C	0.87%	2.33%	0.87%
	GPN	B	0.03%	0.15%	0.03%
	HCA	F	0.11%	0.4%	0.11%
	HLT	A	0.06%	0.22%	0.06%
	HPE	B	0.08%	0.07%	0.07%
	HPQ	B	0.15%	0.09%	0.09%
	HRB	D	0.05%	0.03%	0.03%
	HST	C	0.04%	0.06%	0.04%
	INGR	B	0.05%	0.05%	0.05%
	INTU	C	0.17%	0.43%	0.17%
	INVH	D	0.05%	0.11%	0.05%
	ITT	A	0.04%	0.05%	0.04%
	JEF	A	0.07%	0.07%	0.07%
	JNJ	D	1.83%	2.34%	1.83%
	JNPR	F	0.05%	0.03%	0.03%
	JPM	A	3.09%	3.69%	3.09%
	K	A	0.13%	0.1%	0.1%
	KHC	F	0.21%	0.13%	0.13%
	KMB	D	0.26%	0.23%	0.23%
	KR	B	0.16%	0.19%	0.16%
	KRC	C	0.01%	0.02%	0.01%
	L	A	0.01%	0.08%	0.01%
	LDOS	C	0.04%	0.09%	0.04%
	LEA	D	0.01%	0.02%	0.01%
	LECO	B	0.03%	0.05%	0.03%
	LEN	D	0.06%	0.0%	0.0%
	LEN	D	0.06%	0.14%	0.06%
	LMT	D	0.45%	0.49%	0.45%
	LNC	B	0.05%	0.03%	0.03%
	LPX	B	0.02%	0.05%	0.02%
	LRCX	F	0.12%	0.23%	0.12%
	LVS	C	0.08%	0.06%	0.06%
	M	D	0.02%	0.01%	0.01%
	MAN	D	0.01%	0.01%	0.01%
	MAS	D	0.05%	0.07%	0.05%
	MCK	B	0.08%	0.51%	0.08%
	MET	A	0.22%	0.25%	0.22%
	META	D	0.92%	2.88%	0.92%
	MMC	B	0.25%	0.58%	0.25%
	MO	A	0.7%	0.47%	0.47%
	MOS	F	0.02%	0.06%	0.02%
	MPC	D	0.22%	0.16%	0.16%
	MPWR	F	0.03%	0.06%	0.03%
	MRO	B	0.04%	0.05%	0.04%
	MSA	D	0.01%	0.02%	0.01%
	MSFT	F	2.78%	7.47%	2.78%
	MSI	B	0.15%	0.2%	0.15%
	MSM	C	0.03%	0.02%	0.02%
	MTG	C	0.04%	0.03%	0.03%
	NEU	C	0.02%	0.02%	0.02%
	NI	A	0.06%	0.12%	0.06%
	NNN	D	0.04%	0.04%	0.04%
	NTAP	C	0.08%	0.06%	0.06%
	NUE	C	0.05%	0.27%	0.05%
	NVDA	C	2.38%	8.6%	2.38%
	NWS	B	0.0%	0.01%	0.0%
	NWSA	B	0.03%	0.03%	0.03%
	NYT	C	0.02%	0.02%	0.02%
	OC	A	0.04%	0.07%	0.04%
	OGN	D	0.03%	0.02%	0.02%
	OLN	D	0.01%	0.04%	0.01%
	OTIS	C	0.1%	0.17%	0.1%
	OXY	D	0.07%	0.1%	0.07%
	OZK	B	0.03%	0.03%	0.03%
	PAYX	C	0.25%	0.19%	0.19%
	PCAR	B	0.29%	0.25%	0.25%
	PCG	A	0.04%	0.34%	0.04%
	PG	A	1.61%	1.98%	1.61%
	PH	A	0.2%	0.38%	0.2%
	PHM	D	0.05%	0.09%	0.05%
	PINC	B	0.02%	0.01%	0.01%
	PKG	A	0.11%	0.17%	0.11%
	PM	B	1.16%	1.01%	1.01%
	PPG	F	0.08%	0.22%	0.08%
	PRU	A	0.25%	0.24%	0.24%
	PSX	C	0.2%	0.16%	0.16%
	QCOM	F	0.42%	0.42%	0.42%
	R	B	0.03%	0.03%	0.03%
	REYN	D	0.02%	0.01%	0.01%
	RGA	A	0.06%	0.08%	0.06%
	RHI	B	0.02%	0.03%	0.02%
	RJF	A	0.06%	0.16%	0.06%
	RL	B	0.03%	0.03%	0.03%
	ROST	C	0.06%	0.16%	0.06%
	RPM	A	0.04%	0.13%	0.04%
	RS	B	0.05%	0.14%	0.05%
	SAIC	F	0.03%	0.03%	0.03%
	SBAC	D	0.02%	0.12%	0.02%
	SEB	F	0.01%	0.0%	0.0%
	SEIC	B	0.02%	0.04%	0.02%
	SF	B	0.03%	0.06%	0.03%
	SLM	A	0.02%	0.03%	0.02%
	SMG	D	0.03%	0.02%	0.02%
	SNA	A	0.08%	0.08%	0.08%
	SNX	C	0.01%	0.02%	0.01%
	SON	D	0.03%	0.04%	0.03%
	SPG	B	0.4%	0.31%	0.31%
	SSNC	B	0.03%	0.07%	0.03%
	STAG	F	0.02%	0.03%	0.02%
	STLD	B	0.04%	0.16%	0.04%
	STT	A	0.13%	0.15%	0.13%
	SWK	D	0.05%	0.06%	0.05%
	SWKS	F	0.04%	0.03%	0.03%
	SYF	B	0.09%	0.14%	0.09%
	TAP	C	0.04%	0.05%	0.04%
	TGT	F	0.25%	0.27%	0.25%
	THO	B	0.02%	0.02%	0.02%
	TJX	A	0.35%	0.48%	0.35%
	TMO	F	0.16%	1.23%	0.16%
	TNL	A	0.03%	0.01%	0.01%
	TOL	B	0.01%	0.05%	0.01%
	TPR	B	0.06%	0.04%	0.04%
	TROW	B	0.13%	0.14%	0.13%
	TXRH	C	0.06%	0.04%	0.04%
	UGI	A	0.03%	0.04%	0.03%
	UNM	A	0.06%	0.07%	0.06%
	UNP	C	0.37%	0.61%	0.37%
	UPS	C	0.43%	0.41%	0.41%
	VIRT	B	0.02%	0.02%	0.02%
	VLO	C	0.17%	0.13%	0.13%
	VRT	B	0.03%	0.21%	0.03%
	VST	B	0.18%	0.4%	0.18%
	VTRS	A	0.09%	0.1%	0.09%
	WAB	B	0.04%	0.15%	0.04%
	WCC	B	0.01%	0.04%	0.01%
	WFC	A	0.9%	1.38%	0.9%
	WH	B	0.03%	0.02%	0.02%
	WLK	D	0.03%	0.03%	0.03%
	WM	A	0.24%	0.37%	0.24%
	WPC	D	0.06%	0.06%	0.06%
	WSM	B	0.05%	0.08%	0.05%
	WTFC	A	0.01%	0.04%	0.01%
	WU	D	0.03%	0.02%	0.02%
	WY	D	0.04%	0.11%	0.04%
	XEL	A	0.22%	0.29%	0.22%
	XOM	B	2.48%	1.56%	1.56%
	XRAY	F	0.01%	0.02%	0.01%
	ZBH	C	0.02%	0.14%	0.02%
	ZION	B	0.04%	0.05%	0.04%

DTD Overweight 581 Positions Relative to RECS

	Symbol	Grade	Weight
	AVGO	D	2.39%
	HD	A	1.78%
	WMT	A	1.61%
	KO	D	1.4%
	UNH	C	1.24%
	IBM	C	1.21%
	PEP	F	1.12%
	MS	A	1.03%
	CMCSA	B	0.88%
	MCD	D	0.83%
	MRK	F	0.79%
	TMUS	B	0.76%
	ORCL	B	0.74%
	GS	A	0.69%
	V	A	0.67%
	TXN	C	0.65%
	LLY	F	0.63%
	LOW	D	0.57%
	RTX	C	0.56%
	HON	B	0.53%
	MA	C	0.45%
	COST	B	0.44%
	ABT	B	0.42%
	USB	A	0.42%
	SO	D	0.41%
	DUK	C	0.39%
	PNC	B	0.39%
	BX	A	0.39%
	OKE	A	0.38%
	MDLZ	F	0.37%
	WMB	A	0.35%
	PLD	D	0.33%
	D	C	0.32%
	COP	C	0.32%
	AXP	A	0.32%
	ITW	B	0.31%
	SBUX	A	0.31%
	PEG	A	0.26%
	AFL	B	0.26%
	CVS	D	0.25%
	O	D	0.25%
	PSA	D	0.25%
	VICI	C	0.25%
	AEP	D	0.24%
	SYK	C	0.24%
	SCHW	B	0.23%
	CCI	D	0.22%
	FIS	C	0.21%
	ICE	C	0.21%
	ADI	D	0.21%
	GD	F	0.2%
	APO	B	0.2%
	SRE	A	0.2%
	FAST	B	0.19%
	WELL	A	0.19%
	ED	D	0.19%
	APD	A	0.19%
	DOW	F	0.19%
	KVUE	A	0.19%
	EMR	A	0.19%
	DE	A	0.18%
	GLW	B	0.17%
	SYY	B	0.17%
	DLR	B	0.17%
	MTB	A	0.16%
	NSC	B	0.16%
	AVB	B	0.16%
	GE	D	0.16%
	COF	B	0.16%
	SPGI	C	0.16%
	EXR	D	0.15%
	TRV	B	0.15%
	MAR	B	0.15%
	APH	A	0.15%
	RF	A	0.15%
	NOC	D	0.14%
	AMAT	F	0.14%
	KDP	D	0.14%
	NKE	D	0.14%
	AMP	A	0.14%
	DHR	F	0.14%
	SHW	A	0.13%
	ECL	D	0.13%
	PGR	A	0.13%
	DFS	B	0.13%
	HBAN	A	0.13%
	KKR	A	0.13%
	HIG	B	0.13%
	ELV	F	0.13%
	AIG	B	0.13%
	ZTS	D	0.12%
	BKR	B	0.12%
	LHX	C	0.12%
	BBY	D	0.11%
	MCO	B	0.11%
	GM	B	0.11%
	TRGP	B	0.11%
	WEC	A	0.11%
	ES	D	0.11%
	STZ	D	0.11%
	YUM	B	0.11%
	FE	C	0.11%
	DRI	B	0.11%
	IRM	D	0.11%
	CARR	D	0.1%
	PPL	B	0.1%
	KLAC	D	0.1%
	ATO	A	0.1%
	GWW	B	0.1%
	IP	B	0.1%
	RSG	A	0.1%
	ARES	A	0.1%
	EQR	B	0.1%
	DD	D	0.09%
	PFG	D	0.09%
	EBAY	D	0.09%
	NTRS	A	0.09%
	PNW	B	0.08%
	HSY	F	0.08%
	TSCO	D	0.08%
	URI	B	0.08%
	CG	A	0.08%
	CINF	A	0.08%
	TSN	B	0.08%
	CEG	D	0.08%
	VTR	C	0.08%
	CTSH	B	0.08%
	MU	D	0.08%
	OMC	C	0.08%
	LNG	B	0.08%
	HRL	D	0.07%
	CMS	C	0.07%
	ORI	A	0.07%
	NDAQ	A	0.07%
	WRB	A	0.07%
	AJG	B	0.07%
	NRG	B	0.07%
	EQT	B	0.07%
	MCHP	D	0.07%
	FNF	B	0.07%
	CLX	B	0.07%
	JXN	C	0.06%
	GPC	D	0.06%
	ESS	B	0.06%
	CUBE	D	0.06%
	IPG	D	0.06%
	DOV	A	0.06%
	MKC	D	0.06%
	AWK	D	0.06%
	WSO	A	0.06%
	OGE	B	0.06%
	LAMR	D	0.06%
	LUV	C	0.06%
	CMA	A	0.06%
	LNT	A	0.06%
	MAA	B	0.06%
	HES	B	0.06%
	ROK	B	0.06%
	AM	A	0.06%
	SJM	D	0.05%
	AME	A	0.05%
	UDR	B	0.05%
	LII	A	0.05%
	WBS	A	0.05%
	ALLY	C	0.05%
	VMC	B	0.05%
	KIM	A	0.05%
	IR	B	0.05%
	EVR	B	0.05%
	HUBB	B	0.05%
	OMF	A	0.05%
	HAL	C	0.05%
	CPB	D	0.05%
	EMN	D	0.05%
	ROP	B	0.05%
	OWL	A	0.05%
	UI	A	0.05%
	CNP	B	0.05%
	MSCI	C	0.05%
	ASB	B	0.04%
	AIT	A	0.04%
	VLY	B	0.04%
	VRSK	A	0.04%
	ERIE	D	0.04%
	MLI	C	0.04%
	CFR	B	0.04%
	BKH	A	0.04%
	RDN	C	0.04%
	BRO	B	0.04%
	HLI	B	0.04%
	CHRW	C	0.04%
	FRT	B	0.04%
	TPL	A	0.04%
	BAH	F	0.04%
	OVV	B	0.04%
	NWE	B	0.04%
	XYL	D	0.04%
	HWM	A	0.04%
	FHB	A	0.04%
	CHRD	D	0.04%
	CHD	B	0.04%
	ROL	B	0.04%
	ODFL	B	0.04%
	DGX	A	0.04%
	FNB	A	0.04%
	PWR	A	0.04%
	SW	A	0.04%
	MLM	B	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%
	KBH	D	0.03%
	ATR	B	0.03%
	NXST	C	0.03%
	SASR	B	0.03%
	CNS	B	0.03%
	PNM	F	0.03%
	CPT	B	0.03%
	BOKF	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%
	CATY	B	0.03%
	AUB	B	0.03%
	AVY	D	0.03%
	ALE	A	0.03%
	HLNE	B	0.03%
	WST	C	0.03%
	JWN	C	0.03%
	WEN	D	0.03%
	POR	C	0.03%
	FLO	D	0.03%
	DPZ	C	0.03%
	SCI	B	0.03%
	WSBC	A	0.03%
	EFX	F	0.03%
	OGS	A	0.03%
	BWXT	B	0.03%
	VCTR	B	0.03%
	FBP	B	0.03%
	PATK	D	0.03%
	FAF	A	0.03%
	HUM	C	0.03%
	CCOI	B	0.03%
	SUI	D	0.03%
	LKQ	D	0.03%
	MTN	C	0.03%
	AFG	A	0.03%
	SFNC	B	0.03%
	GEHC	F	0.03%
	WTRG	B	0.03%
	BALL	D	0.03%
	MC	C	0.03%
	AWR	B	0.03%
	FIBK	A	0.03%
	WAL	B	0.03%
	NFG	A	0.03%
	HOMB	A	0.03%
	PB	A	0.03%
	TFSL	A	0.03%
	A	D	0.03%
	HEI	B	0.03%
	AROC	B	0.03%
	SIRI	C	0.03%
	AVA	A	0.03%
	LH	C	0.03%
	PFS	B	0.03%
	PAG	B	0.03%
	BPOP	B	0.03%
	CDW	F	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%
	THG	A	0.02%
	FR	C	0.02%
	ZWS	B	0.02%
	SSD	D	0.02%
	HTLF	B	0.02%
	RRC	B	0.02%
	PR	B	0.02%
	UMBF	B	0.02%
	FRME	B	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%
	MDU	D	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%
	IBTX	B	0.02%
	CCS	D	0.02%
	BRC	D	0.02%
	AL	B	0.02%
	WSFS	A	0.02%
	GNTX	C	0.02%
	BKE	B	0.02%
	BWA	D	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%
	TXT	D	0.02%
	IPAR	B	0.02%
	OSK	B	0.02%
	IBKR	A	0.02%
	LW	C	0.02%
	UBSI	B	0.02%
	UHS	D	0.02%
	NBHC	B	0.02%
	HNI	B	0.02%
	RHP	B	0.02%
	CMC	B	0.02%
	FCF	A	0.02%
	SBRA	C	0.02%
	CRC	B	0.02%
	LCII	C	0.02%
	MATX	C	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%
	OCFC	B	0.02%
	TRMK	B	0.02%
	KMT	B	0.02%
	RGLD	C	0.02%
	BBWI	D	0.02%
	FBIN	D	0.02%
	ELS	C	0.02%
	TTC	D	0.02%
	HAFC	A	0.02%
	LSTR	D	0.02%
	LANC	C	0.02%
	GTY	B	0.02%
	KNTK	B	0.02%
	JKHY	D	0.02%
	TW	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%
	PRGS	A	0.02%
	FDS	B	0.02%
	CBSH	A	0.02%
	TPG	A	0.02%
	TRST	A	0.02%
	J	F	0.02%
	TKR	D	0.02%
	AVNT	B	0.02%
	APA	D	0.02%
	HII	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%
	GGG	B	0.02%
	POOL	C	0.02%
	FBMS	B	0.02%
	IEX	B	0.02%
	AVT	C	0.02%
	AWI	A	0.02%
	REG	B	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%
	WMG	C	0.01%
	BMI	B	0.01%
	VSH	D	0.01%
	DLB	B	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%
	MUSA	A	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%
	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%
	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%
	SLGN	A	0.01%
	RRR	D	0.01%
	X	C	0.01%
	EGP	F	0.01%
	HEES	B	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%
	LEG	F	0.01%
	MKTX	D	0.01%
	UTZ	D	0.01%
	MTDR	B	0.01%
	UVV	B	0.01%
	UCB	A	0.01%
	RLI	B	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%
	SIGI	C	0.01%
	WERN	C	0.01%
	CRGY	B	0.01%
	EDR	A	0.01%
	KSS	F	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%
	FG	B	0.01%
	BCO	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%
	ADC	B	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%
	NOV	C	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%
	BKU	A	0.01%
	SHOO	D	0.01%
	SLVM	B	0.01%
	VLTO	D	0.01%
	SKT	B	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%
	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 130 Positions Relative to RECS

	Symbol	Grade	Weight
	AMZN	C	-4.7%
	MDT	D	-0.68%
	FI	A	-0.66%
	UBER	D	-0.6%
	ADBE	C	-0.52%
	NOW	A	-0.5%
	PYPL	B	-0.45%
	TT	A	-0.41%
	T	A	-0.37%
	PLTR	B	-0.33%
	MMM	D	-0.3%
	PANW	C	-0.28%
	ANET	C	-0.25%
	APP	B	-0.21%
	VRTX	F	-0.21%
	CRWD	B	-0.2%
	CNC	D	-0.2%
	RCL	A	-0.19%
	WTW	B	-0.17%
	SPOT	B	-0.16%
	CSGP	D	-0.16%
	LYB	F	-0.16%
	REGN	F	-0.15%
	MTD	D	-0.15%
	UAL	A	-0.14%
	FTNT	C	-0.14%
	TTD	B	-0.13%
	LULU	C	-0.13%
	HOLX	D	-0.11%
	DDOG	A	-0.1%
	DECK	A	-0.1%
	BAX	D	-0.1%
	EG	C	-0.09%
	CCL	B	-0.09%
	CVNA	B	-0.09%
	TEAM	A	-0.09%
	THC	D	-0.09%
	BLDR	D	-0.09%
	EXPE	B	-0.08%
	NVR	D	-0.08%
	AVTR	F	-0.08%
	AES	F	-0.07%
	FHN	A	-0.06%
	CTRA	B	-0.06%
	BG	F	-0.06%
	BURL	A	-0.06%
	QGEN	D	-0.06%
	JLL	D	-0.06%
	SOLV	C	-0.06%
	RPRX	D	-0.06%
	MEDP	D	-0.05%
	BRBR	A	-0.05%
	ZM	B	-0.05%
	CW	B	-0.05%
	ALNY	D	-0.05%
	FTI	A	-0.04%
	APG	B	-0.04%
	NTRA	B	-0.04%
	CNM	D	-0.04%
	AXS	A	-0.04%
	MANH	D	-0.04%
	DOCU	A	-0.04%
	VRSN	F	-0.04%
	PSTG	D	-0.04%
	BLD	D	-0.04%
	BIIB	F	-0.04%
	NTNX	A	-0.04%
	PINS	D	-0.04%
	CLF	F	-0.04%
	AYI	B	-0.04%
	ELAN	D	-0.04%
	GNRC	B	-0.04%
	ZS	C	-0.04%
	JAZZ	B	-0.04%
	CACI	D	-0.04%
	MHK	D	-0.03%
	SKX	D	-0.03%
	AMG	B	-0.03%
	ESAB	B	-0.03%
	LNW	D	-0.03%
	JHG	A	-0.03%
	MGM	D	-0.03%
	MIDD	C	-0.03%
	KEX	C	-0.03%
	UTHR	C	-0.03%
	WYNN	D	-0.03%
	FFIV	B	-0.03%
	G	B	-0.03%
	XP	F	-0.03%
	QRVO	F	-0.02%
	DBX	B	-0.02%
	AZTA	D	-0.02%
	PK	B	-0.02%
	GTLB	B	-0.02%
	LSCC	D	-0.02%
	HIW	D	-0.02%
	EXAS	D	-0.02%
	MTCH	D	-0.02%
	WFRD	D	-0.02%
	SMAR	A	-0.02%
	EXEL	B	-0.02%
	GTES	A	-0.02%
	PVH	C	-0.02%
	ROKU	D	-0.02%
	BILL	A	-0.02%
	INCY	C	-0.02%
	CROX	D	-0.02%
	BMRN	D	-0.02%
	MRNA	F	-0.02%
	H	B	-0.02%
	CIEN	B	-0.02%
	EEFT	B	-0.02%
	RYN	D	-0.02%
	PRGO	B	-0.02%
	NBIX	C	-0.02%
	FOXA	B	-0.02%
	APLS	D	-0.01%
	ALGM	D	-0.01%
	RARE	D	-0.01%
	ROIV	C	-0.01%
	IONS	F	-0.01%
	PEGA	A	-0.01%
	SAM	C	-0.01%
	VKTX	F	-0.01%
	PPC	C	-0.01%
	CRUS	D	-0.01%
	PATH	C	-0.01%
	SRPT	D	-0.01%
	PLTK	B	-0.0%
	DDS	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

RECS: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Diversified Industrials Asset Management Business Services Semiconductors Software - Infrastructure Banks - Regional - US Internet Content & Information Packaged Foods Specialty Chemicals Utilities - Regulated Electric Building Materials Communication Equipment Diagnostics & Research Drug Manufacturers - Major Oil & Gas E&P Banks - Global Insurance - Life Residential Construction

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Biotechnology Bank Medicine Banking Electricity Dow Jones Component Software Work From Home Clothing IBD 50 Mining Real Estate Investment Trust Telecommunications Biopharmaceutical Electronics