DTD vs. SCHV ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Schwab U.S. Large-Cap Value ETF (SCHV)

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

SCHV

Schwab U.S. Large-Cap Value ETF

SCHV Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as "value" based on a number of factors. The index is a float-adjusted market capitalization weighted index.

Grade (RS Rating)

Last Trade

$27.80

Average Daily Volume

889,709

Number of Holdings ^*

512

* may have additional holdings in another (foreign) market

Performance

Period	DTD	SCHV
30 Days	3.20%	3.08%
60 Days	5.00%	4.55%
90 Days	6.93%	6.85%
12 Months	31.64%	28.96%

375 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in SCHV	Overlap
	A	D	0.03%	0.16%	0.03%
	ABBV	D	1.97%	1.22%	1.22%
	ABT	B	0.42%	0.82%	0.42%
	ACI	C	0.04%	0.03%	0.03%
	ACM	A	0.02%	0.06%	0.02%
	ADI	D	0.21%	0.43%	0.21%
	ADM	D	0.08%	0.1%	0.08%
	ADP	B	0.34%	0.51%	0.34%
	ADTN	A	0.02%	0.01%	0.01%
	AEE	A	0.12%	0.1%	0.1%
	AEP	D	0.24%	0.2%	0.2%
	AFG	A	0.03%	0.04%	0.03%
	AFL	B	0.26%	0.23%	0.23%
	AGCO	D	0.01%	0.02%	0.01%
	AIG	B	0.13%	0.2%	0.13%
	AIZ	A	0.03%	0.05%	0.03%
	AJG	B	0.07%	0.26%	0.07%
	ALB	C	0.02%	0.05%	0.02%
	ALL	A	0.15%	0.21%	0.15%
	ALLY	C	0.05%	0.04%	0.04%
	AMAT	F	0.14%	0.61%	0.14%
	AME	A	0.05%	0.18%	0.05%
	AMGN	D	0.55%	0.66%	0.55%
	AMH	D	0.02%	0.05%	0.02%
	AMP	A	0.14%	0.22%	0.14%
	AMT	D	0.27%	0.37%	0.27%
	AOS	F	0.02%	0.04%	0.02%
	APA	D	0.02%	0.03%	0.02%
	APD	A	0.19%	0.28%	0.19%
	APH	A	0.15%	0.35%	0.15%
	ARE	D	0.07%	0.07%	0.07%
	ARES	A	0.1%	0.13%	0.1%
	ARMK	B	0.02%	0.04%	0.02%
	ATO	A	0.1%	0.09%	0.09%
	ATR	B	0.03%	0.05%	0.03%
	AVB	B	0.16%	0.13%	0.13%
	AVY	D	0.03%	0.07%	0.03%
	AWK	D	0.06%	0.1%	0.06%
	AXP	A	0.32%	0.66%	0.32%
	BAC	A	1.22%	1.26%	1.22%
	BAH	F	0.04%	0.09%	0.04%
	BALL	D	0.03%	0.08%	0.03%
	BBWI	D	0.02%	0.03%	0.02%
	BBY	D	0.11%	0.07%	0.07%
	BDX	F	0.12%	0.27%	0.12%
	BEN	C	0.06%	0.03%	0.03%
	BERY	B	0.02%	0.03%	0.02%
	BK	A	0.23%	0.23%	0.23%
	BMY	B	0.57%	0.48%	0.48%
	BOKF	B	0.03%	0.01%	0.01%
	BR	A	0.07%	0.11%	0.07%
	BRKR	D	0.01%	0.03%	0.01%
	BRO	B	0.04%	0.11%	0.04%
	BSY	D	0.01%	0.03%	0.01%
	BWA	D	0.02%	0.03%	0.02%
	BX	A	0.39%	0.53%	0.39%
	C	A	0.63%	0.53%	0.53%
	CAG	D	0.07%	0.05%	0.05%
	CAH	B	0.07%	0.12%	0.07%
	CARR	D	0.1%	0.26%	0.1%
	CAT	B	0.45%	0.76%	0.45%
	CBOE	B	0.05%	0.08%	0.05%
	CBSH	A	0.02%	0.03%	0.02%
	CCI	D	0.22%	0.18%	0.18%
	CCK	C	0.01%	0.04%	0.01%
	CDW	F	0.03%	0.1%	0.03%
	CE	F	0.02%	0.03%	0.02%
	CF	B	0.04%	0.06%	0.04%
	CFR	B	0.04%	0.04%	0.04%
	CG	A	0.08%	0.04%	0.04%
	CHD	B	0.04%	0.11%	0.04%
	CHRD	D	0.04%	0.03%	0.03%
	CHRW	C	0.04%	0.05%	0.04%
	CI	F	0.21%	0.38%	0.21%
	CINF	A	0.08%	0.1%	0.08%
	CL	D	0.3%	0.3%	0.3%
	CLX	B	0.07%	0.08%	0.07%
	CMA	A	0.06%	0.04%	0.04%
	CMCSA	B	0.88%	0.69%	0.69%
	CME	A	0.19%	0.33%	0.19%
	CMI	A	0.17%	0.2%	0.17%
	CMS	C	0.07%	0.08%	0.07%
	CNA	B	0.05%	0.0%	0.0%
	CNP	B	0.05%	0.08%	0.05%
	COF	B	0.16%	0.29%	0.16%
	COLD	D	0.01%	0.02%	0.01%
	COP	C	0.32%	0.53%	0.32%
	COR	B	0.07%	0.18%	0.07%
	CPB	D	0.05%	0.04%	0.04%
	CPT	B	0.03%	0.05%	0.03%
	CRBG	B	0.1%	0.03%	0.03%
	CSCO	B	1.3%	0.97%	0.97%
	CSX	B	0.11%	0.29%	0.11%
	CTAS	B	0.15%	0.31%	0.15%
	CTSH	B	0.08%	0.17%	0.08%
	CUBE	D	0.06%	0.04%	0.04%
	CVS	D	0.25%	0.28%	0.25%
	CVX	A	1.51%	1.1%	1.1%
	D	C	0.32%	0.19%	0.19%
	DAL	C	0.05%	0.17%	0.05%
	DCI	B	0.03%	0.04%	0.03%
	DD	D	0.09%	0.14%	0.09%
	DE	A	0.18%	0.41%	0.18%
	DFS	B	0.13%	0.18%	0.13%
	DGX	A	0.04%	0.07%	0.04%
	DHI	D	0.06%	0.19%	0.06%
	DINO	D	0.03%	0.03%	0.03%
	DIS	B	0.17%	0.76%	0.17%
	DKS	C	0.04%	0.05%	0.04%
	DLR	B	0.17%	0.22%	0.17%
	DOV	A	0.06%	0.11%	0.06%
	DOW	F	0.19%	0.13%	0.13%
	DRI	B	0.11%	0.08%	0.08%
	DTE	C	0.09%	0.1%	0.09%
	DUK	C	0.39%	0.35%	0.35%
	EA	A	0.04%	0.16%	0.04%
	EBAY	D	0.09%	0.12%	0.09%
	ECL	D	0.13%	0.26%	0.13%
	ED	D	0.19%	0.13%	0.13%
	EGP	F	0.01%	0.03%	0.01%
	EHC	B	0.03%	0.04%	0.03%
	EIX	B	0.15%	0.13%	0.13%
	ELS	C	0.02%	0.06%	0.02%
	EMN	D	0.05%	0.05%	0.05%
	EMR	A	0.19%	0.3%	0.19%
	EOG	A	0.41%	0.31%	0.31%
	EQH	B	0.05%	0.06%	0.05%
	EQR	B	0.1%	0.1%	0.1%
	EQT	B	0.07%	0.1%	0.07%
	ERIE	D	0.04%	0.04%	0.04%
	ES	D	0.11%	0.09%	0.09%
	ESS	B	0.06%	0.08%	0.06%
	ETR	B	0.22%	0.13%	0.13%
	EVRG	A	0.08%	0.06%	0.06%
	EWBC	A	0.06%	0.06%	0.06%
	EXC	C	0.15%	0.15%	0.15%
	EXPD	D	0.03%	0.07%	0.03%
	EXR	D	0.15%	0.14%	0.14%
	FANG	D	0.09%	0.14%	0.09%
	FAST	B	0.19%	0.19%	0.19%
	FBIN	D	0.02%	0.04%	0.02%
	FDX	B	0.16%	0.27%	0.16%
	FE	C	0.11%	0.09%	0.09%
	FIS	C	0.21%	0.2%	0.2%
	FITB	A	0.16%	0.13%	0.13%
	FNF	B	0.07%	0.06%	0.06%
	FRT	B	0.04%	0.03%	0.03%
	FTV	C	0.03%	0.11%	0.03%
	GD	F	0.2%	0.33%	0.2%
	GEHC	F	0.03%	0.16%	0.03%
	GEN	B	0.05%	0.07%	0.05%
	GGG	B	0.02%	0.06%	0.02%
	GILD	C	0.47%	0.47%	0.47%
	GIS	D	0.16%	0.15%	0.15%
	GL	B	0.01%	0.04%	0.01%
	GLPI	C	0.06%	0.05%	0.05%
	GLW	B	0.17%	0.15%	0.15%
	GM	B	0.11%	0.26%	0.11%
	GNTX	C	0.02%	0.03%	0.02%
	GPC	D	0.06%	0.07%	0.06%
	GPN	B	0.03%	0.12%	0.03%
	GS	A	0.69%	0.76%	0.69%
	HAL	C	0.05%	0.11%	0.05%
	HBAN	A	0.13%	0.1%	0.1%
	HCA	F	0.11%	0.26%	0.11%
	HD	A	1.78%	1.65%	1.65%
	HIG	B	0.13%	0.14%	0.13%
	HII	D	0.02%	0.03%	0.02%
	HON	B	0.53%	0.62%	0.53%
	HPE	B	0.08%	0.12%	0.08%
	HPQ	B	0.15%	0.15%	0.15%
	HRL	D	0.07%	0.04%	0.04%
	HST	C	0.04%	0.05%	0.04%
	HSY	F	0.08%	0.11%	0.08%
	HUBB	B	0.05%	0.1%	0.05%
	HWM	A	0.04%	0.19%	0.04%
	IBM	C	1.21%	0.79%	0.79%
	ICE	C	0.21%	0.36%	0.21%
	IEX	B	0.02%	0.07%	0.02%
	INVH	D	0.05%	0.08%	0.05%
	IP	B	0.1%	0.08%	0.08%
	IPG	D	0.06%	0.04%	0.04%
	IR	B	0.05%	0.17%	0.05%
	IRM	D	0.11%	0.14%	0.11%
	ITT	A	0.04%	0.05%	0.04%
	ITW	B	0.31%	0.3%	0.3%
	J	F	0.02%	0.08%	0.02%
	JBL	B	0.02%	0.06%	0.02%
	JEF	A	0.07%	0.05%	0.05%
	JKHY	D	0.02%	0.05%	0.02%
	JNJ	D	1.83%	1.5%	1.5%
	JNPR	F	0.05%	0.05%	0.05%
	JPM	A	3.09%	2.78%	2.78%
	K	A	0.13%	0.09%	0.09%
	KBR	F	0.01%	0.04%	0.01%
	KDP	D	0.14%	0.15%	0.14%
	KHC	F	0.21%	0.11%	0.11%
	KIM	A	0.05%	0.07%	0.05%
	KKR	A	0.13%	0.42%	0.13%
	KMB	D	0.26%	0.18%	0.18%
	KO	D	1.4%	0.99%	0.99%
	KR	B	0.16%	0.16%	0.16%
	KVUE	A	0.19%	0.18%	0.18%
	L	A	0.01%	0.06%	0.01%
	LAD	A	0.02%	0.04%	0.02%
	LAMR	D	0.06%	0.05%	0.05%
	LDOS	C	0.04%	0.11%	0.04%
	LEA	D	0.01%	0.02%	0.01%
	LECO	B	0.03%	0.05%	0.03%
	LEN	D	0.06%	0.17%	0.06%
	LH	C	0.03%	0.08%	0.03%
	LHX	C	0.12%	0.2%	0.12%
	LKQ	D	0.03%	0.04%	0.03%
	LMT	D	0.45%	0.48%	0.45%
	LNT	A	0.06%	0.06%	0.06%
	LOW	D	0.57%	0.63%	0.57%
	LUV	C	0.06%	0.08%	0.06%
	LVS	C	0.08%	0.07%	0.07%
	LW	C	0.02%	0.05%	0.02%
	MAA	B	0.06%	0.08%	0.06%
	MAS	D	0.05%	0.07%	0.05%
	MCD	D	0.83%	0.87%	0.83%
	MCHP	D	0.07%	0.14%	0.07%
	MDLZ	F	0.37%	0.36%	0.36%
	MET	A	0.22%	0.2%	0.2%
	MKC	D	0.06%	0.08%	0.06%
	MKTX	D	0.01%	0.04%	0.01%
	MMC	B	0.25%	0.45%	0.25%
	MO	A	0.7%	0.38%	0.38%
	MORN	B	0.01%	0.04%	0.01%
	MOS	F	0.02%	0.03%	0.02%
	MPC	D	0.22%	0.22%	0.22%
	MRK	F	0.79%	1.01%	0.79%
	MRO	B	0.04%	0.07%	0.04%
	MS	A	1.03%	0.67%	0.67%
	MSI	B	0.15%	0.34%	0.15%
	MTB	A	0.16%	0.14%	0.14%
	MTN	C	0.03%	0.03%	0.03%
	MU	D	0.08%	0.45%	0.08%
	NDAQ	A	0.07%	0.13%	0.07%
	NDSN	B	0.02%	0.06%	0.02%
	NI	A	0.06%	0.07%	0.06%
	NKE	D	0.14%	0.37%	0.14%
	NNN	D	0.04%	0.03%	0.03%
	NOC	D	0.14%	0.29%	0.14%
	NRG	B	0.07%	0.08%	0.07%
	NSC	B	0.16%	0.25%	0.16%
	NTAP	C	0.08%	0.1%	0.08%
	NTRS	A	0.09%	0.09%	0.09%
	NUE	C	0.05%	0.15%	0.05%
	NWSA	B	0.03%	0.06%	0.03%
	O	D	0.25%	0.2%	0.2%
	OC	A	0.04%	0.07%	0.04%
	OGE	B	0.06%	0.04%	0.04%
	OKE	A	0.38%	0.26%	0.26%
	OMC	C	0.08%	0.08%	0.08%
	ORCL	B	0.74%	1.23%	0.74%
	ORI	A	0.07%	0.04%	0.04%
	OTIS	C	0.1%	0.16%	0.1%
	OVV	B	0.04%	0.05%	0.04%
	OXY	D	0.07%	0.14%	0.07%
	PAG	B	0.03%	0.01%	0.01%
	PAYX	C	0.25%	0.19%	0.19%
	PCAR	B	0.29%	0.25%	0.25%
	PCG	A	0.04%	0.18%	0.04%
	PEG	A	0.26%	0.18%	0.18%
	PEP	F	1.12%	0.92%	0.92%
	PFG	D	0.09%	0.08%	0.08%
	PG	A	1.61%	1.59%	1.59%
	PHM	D	0.05%	0.11%	0.05%
	PKG	A	0.11%	0.09%	0.09%
	PLD	D	0.33%	0.44%	0.33%
	PM	B	1.16%	0.79%	0.79%
	PNC	B	0.39%	0.34%	0.34%
	PNW	B	0.08%	0.04%	0.04%
	PPG	F	0.08%	0.12%	0.08%
	PPL	B	0.1%	0.1%	0.1%
	PR	B	0.02%	0.04%	0.02%
	PRU	A	0.25%	0.18%	0.18%
	PSA	D	0.25%	0.21%	0.21%
	PSX	C	0.2%	0.22%	0.2%
	PWR	A	0.04%	0.2%	0.04%
	QCOM	F	0.42%	0.72%	0.42%
	REG	B	0.02%	0.05%	0.02%
	REYN	D	0.02%	0.01%	0.01%
	RF	A	0.15%	0.1%	0.1%
	RGA	A	0.06%	0.06%	0.06%
	RGLD	C	0.02%	0.04%	0.02%
	RHI	B	0.02%	0.03%	0.02%
	RJF	A	0.06%	0.12%	0.06%
	ROK	B	0.06%	0.13%	0.06%
	ROL	B	0.04%	0.06%	0.04%
	ROST	C	0.06%	0.19%	0.06%
	RPM	A	0.04%	0.07%	0.04%
	RRX	B	0.02%	0.05%	0.02%
	RS	B	0.05%	0.07%	0.05%
	RSG	A	0.1%	0.18%	0.1%
	RTX	C	0.56%	0.67%	0.56%
	SBUX	A	0.31%	0.46%	0.31%
	SCHW	B	0.23%	0.47%	0.23%
	SCI	B	0.03%	0.05%	0.03%
	SEIC	B	0.02%	0.03%	0.02%
	SIRI	C	0.03%	0.02%	0.02%
	SJM	D	0.05%	0.05%	0.05%
	SNA	A	0.08%	0.08%	0.08%
	SNX	C	0.01%	0.04%	0.01%
	SO	D	0.41%	0.39%	0.39%
	SPG	B	0.4%	0.22%	0.22%
	SRE	A	0.2%	0.24%	0.2%
	SSNC	B	0.03%	0.06%	0.03%
	STLD	B	0.04%	0.08%	0.04%
	STT	A	0.13%	0.12%	0.12%
	SUI	D	0.03%	0.06%	0.03%
	SW	A	0.04%	0.1%	0.04%
	SWK	D	0.05%	0.05%	0.05%
	SWKS	F	0.04%	0.05%	0.04%
	SYF	B	0.09%	0.1%	0.09%
	SYK	C	0.24%	0.54%	0.24%
	SYY	B	0.17%	0.15%	0.15%
	TAP	C	0.04%	0.05%	0.04%
	TECH	D	0.01%	0.05%	0.01%
	TER	D	0.01%	0.07%	0.01%
	TGT	F	0.25%	0.29%	0.25%
	TJX	A	0.35%	0.56%	0.35%
	TOL	B	0.01%	0.06%	0.01%
	TPR	B	0.06%	0.05%	0.05%
	TPX	B	0.02%	0.04%	0.02%
	TROW	B	0.13%	0.11%	0.11%
	TRV	B	0.15%	0.24%	0.15%
	TSCO	D	0.08%	0.12%	0.08%
	TSN	B	0.08%	0.07%	0.07%
	TTC	D	0.02%	0.03%	0.02%
	TTEK	F	0.02%	0.05%	0.02%
	TXN	C	0.65%	0.76%	0.65%
	TXT	D	0.02%	0.07%	0.02%
	UDR	B	0.05%	0.06%	0.05%
	UHS	D	0.02%	0.05%	0.02%
	UI	A	0.05%	0.01%	0.01%
	UNM	A	0.06%	0.05%	0.05%
	UNP	C	0.37%	0.59%	0.37%
	UPS	C	0.43%	0.4%	0.4%
	USB	A	0.42%	0.32%	0.32%
	VICI	C	0.25%	0.13%	0.13%
	VLO	C	0.17%	0.18%	0.17%
	VLTO	D	0.01%	0.11%	0.01%
	VOYA	B	0.02%	0.03%	0.02%
	VRSK	A	0.04%	0.17%	0.04%
	VST	B	0.18%	0.2%	0.18%
	VTR	C	0.08%	0.11%	0.08%
	VTRS	A	0.09%	0.06%	0.06%
	WAB	B	0.04%	0.14%	0.04%
	WAL	B	0.03%	0.04%	0.03%
	WBS	A	0.05%	0.04%	0.04%
	WCC	B	0.01%	0.04%	0.01%
	WEC	A	0.11%	0.13%	0.11%
	WELL	A	0.19%	0.32%	0.19%
	WFC	A	0.9%	1.0%	0.9%
	WH	B	0.03%	0.03%	0.03%
	WLK	D	0.03%	0.02%	0.02%
	WM	A	0.24%	0.33%	0.24%
	WMB	A	0.35%	0.27%	0.27%
	WMT	A	1.61%	1.51%	1.51%
	WPC	D	0.06%	0.05%	0.05%
	WRB	A	0.07%	0.07%	0.07%
	WSM	B	0.05%	0.07%	0.05%
	WSO	A	0.06%	0.08%	0.06%
	WTRG	B	0.03%	0.04%	0.03%
	WWD	B	0.02%	0.04%	0.02%
	WY	D	0.04%	0.09%	0.04%
	XEL	A	0.22%	0.16%	0.16%
	XOM	B	2.48%	2.19%	2.19%
	XYL	D	0.04%	0.12%	0.04%
	YUM	B	0.11%	0.15%	0.11%
	ZBH	C	0.02%	0.09%	0.02%
	ZION	B	0.04%	0.04%	0.04%

DTD Overweight 436 Positions Relative to SCHV

	Symbol	Grade	Weight
	AAPL	C	3.03%
	MSFT	F	2.78%
	AVGO	D	2.39%
	NVDA	C	2.38%
	UNH	C	1.24%
	META	D	0.92%
	GOOGL	C	0.87%
	TMUS	B	0.76%
	V	A	0.67%
	LLY	F	0.63%
	GOOG	C	0.57%
	MA	C	0.45%
	COST	B	0.44%
	BLK	C	0.43%
	BKNG	A	0.3%
	CRM	B	0.25%
	PH	A	0.2%
	APO	B	0.2%
	INTU	C	0.17%
	GE	D	0.16%
	EQIX	A	0.16%
	SPGI	C	0.16%
	TMO	F	0.16%
	MAR	B	0.15%
	DHR	F	0.14%
	SHW	A	0.13%
	PGR	A	0.13%
	ELV	F	0.13%
	LRCX	F	0.12%
	ZTS	D	0.12%
	BKR	B	0.12%
	MCO	B	0.11%
	TRGP	B	0.11%
	STZ	D	0.11%
	KLAC	D	0.1%
	GWW	B	0.1%
	MCK	B	0.08%
	URI	B	0.08%
	CEG	D	0.08%
	LNG	B	0.08%
	JXN	C	0.06%
	HLT	A	0.06%
	TXRH	C	0.06%
	HES	B	0.06%
	AM	A	0.06%
	DELL	C	0.06%
	LNC	B	0.05%
	HRB	D	0.05%
	LII	A	0.05%
	INGR	B	0.05%
	VMC	B	0.05%
	EVR	B	0.05%
	OMF	A	0.05%
	FOX	A	0.05%
	ROP	B	0.05%
	DTM	B	0.05%
	OWL	A	0.05%
	MSCI	C	0.05%
	ASB	B	0.04%
	AIT	A	0.04%
	VLY	B	0.04%
	MLI	C	0.04%
	BKH	A	0.04%
	CIVI	D	0.04%
	RDN	C	0.04%
	MTG	C	0.04%
	CSL	C	0.04%
	HLI	B	0.04%
	TPL	A	0.04%
	NWE	B	0.04%
	FHB	A	0.04%
	BRX	A	0.04%
	ODFL	B	0.04%
	FNB	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%
	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%
	SAIC	F	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%
	MSM	C	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%
	ALE	A	0.03%
	HLNE	B	0.03%
	GAP	C	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%
	OGN	D	0.03%
	WSBC	A	0.03%
	EFX	F	0.03%
	OGS	A	0.03%
	BWXT	B	0.03%
	VCTR	B	0.03%
	OZK	B	0.03%
	WU	D	0.03%
	R	B	0.03%
	FBP	B	0.03%
	PATK	D	0.03%
	FAF	A	0.03%
	HUM	C	0.03%
	COLB	A	0.03%
	CCOI	B	0.03%
	FLS	B	0.03%
	SFNC	B	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%
	VRT	B	0.03%
	HEI	B	0.03%
	AROC	B	0.03%
	AVA	A	0.03%
	PFS	B	0.03%
	UGI	A	0.03%
	BPOP	B	0.03%
	ALSN	B	0.03%
	RL	B	0.03%
	PRI	A	0.03%
	BANR	B	0.03%
	KMPR	B	0.02%
	EGBN	B	0.02%
	HTH	B	0.02%
	THG	A	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%
	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%
	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%
	NYT	C	0.02%
	IBTX	B	0.02%
	CCS	D	0.02%
	BRC	D	0.02%
	AL	B	0.02%
	WSFS	A	0.02%
	BKE	B	0.02%
	NEU	C	0.02%
	STC	B	0.02%
	BYD	C	0.02%
	APOG	B	0.02%
	FCPT	C	0.02%
	MCY	A	0.02%
	MGY	A	0.02%
	EPR	D	0.02%
	IPAR	B	0.02%
	OSK	B	0.02%
	IBKR	A	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%
	CMC	B	0.02%
	FCF	A	0.02%
	SBRA	C	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%
	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%
	KMT	B	0.02%
	THO	B	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%
	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%
	SWX	B	0.02%
	SBAC	D	0.02%
	PRGS	A	0.02%
	FDS	B	0.02%
	TPG	A	0.02%
	TRST	A	0.02%
	TKR	D	0.02%
	AVNT	B	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%
	POOL	C	0.02%
	FBMS	B	0.02%
	AVT	C	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%
	COKE	C	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%
	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%
	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%
	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%
	CC	C	0.01%
	CHDN	B	0.01%
	SAFT	C	0.01%
	LEG	F	0.01%
	KRC	C	0.01%
	UTZ	D	0.01%
	MAN	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%
	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%
	FIX	A	0.01%
	MMS	F	0.01%
	BOH	B	0.01%
	AMSF	B	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%
	SRCE	B	0.01%
	SM	B	0.01%
	MKSI	C	0.01%
	STRA	C	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%
	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%
	SKT	B	0.01%
	JBT	B	0.01%
	PTEN	C	0.01%
	WTFC	A	0.01%
	MSBI	B	0.01%
	POWL	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 137 Positions Relative to SCHV

	Symbol	Grade	Weight
	BRK.A	B	-3.48%
	VZ	C	-0.7%
	T	A	-0.65%
	NEE	D	-0.62%
	PFE	D	-0.61%
	ETN	A	-0.6%
	BSX	B	-0.53%
	MDT	D	-0.46%
	INTC	D	-0.43%
	CB	C	-0.43%
	BA	F	-0.41%
	TT	A	-0.38%
	PYPL	B	-0.36%
	AON	A	-0.34%
	MMM	D	-0.29%
	SLB	C	-0.25%
	FCX	D	-0.25%
	TFC	A	-0.25%
	NXPI	D	-0.23%
	JCI	C	-0.23%
	RCL	A	-0.22%
	KMI	A	-0.21%
	NEM	D	-0.19%
	F	C	-0.18%
	CBRE	B	-0.17%
	MNST	C	-0.16%
	ACGL	D	-0.15%
	WTW	B	-0.13%
	GRMN	B	-0.13%
	ON	D	-0.12%
	UAL	A	-0.12%
	CNC	D	-0.12%
	KEYS	A	-0.11%
	BIIB	F	-0.1%
	DVN	F	-0.1%
	CCL	B	-0.1%
	LYB	F	-0.09%
	STE	F	-0.09%
	EXPE	B	-0.09%
	IFF	D	-0.09%
	CTRA	B	-0.08%
	TRU	D	-0.08%
	WDC	D	-0.08%
	ZBRA	B	-0.08%
	STX	D	-0.08%
	CFG	B	-0.08%
	FOXA	B	-0.07%
	GWRE	A	-0.07%
	USFD	A	-0.07%
	BAX	D	-0.07%
	RBA	A	-0.07%
	BURL	A	-0.07%
	DG	F	-0.07%
	XPO	B	-0.07%
	MANH	D	-0.07%
	NTNX	A	-0.07%
	PNR	A	-0.07%
	KEY	B	-0.07%
	UTHR	C	-0.07%
	TRMB	B	-0.07%
	HOLX	D	-0.07%
	SOFI	A	-0.06%
	FFIV	B	-0.06%
	AMCR	D	-0.06%
	EL	F	-0.06%
	CW	B	-0.06%
	APTV	D	-0.06%
	FLEX	A	-0.06%
	Z	A	-0.06%
	DOC	D	-0.06%
	THC	D	-0.06%
	VRSN	F	-0.06%
	ENTG	D	-0.06%
	BXP	D	-0.05%
	SNAP	C	-0.05%
	BJ	A	-0.05%
	NCLH	B	-0.05%
	KMX	B	-0.05%
	BG	F	-0.05%
	ALLE	D	-0.05%
	JLL	D	-0.05%
	NVT	B	-0.05%
	INCY	C	-0.05%
	DLTR	F	-0.05%
	AKAM	D	-0.05%
	MGM	D	-0.04%
	CNH	C	-0.04%
	APG	B	-0.04%
	AXTA	A	-0.04%
	AR	B	-0.04%
	TFX	F	-0.04%
	REXR	F	-0.04%
	AAL	B	-0.04%
	KNX	B	-0.04%
	SOLV	C	-0.04%
	AES	F	-0.04%
	RPRX	D	-0.04%
	AYI	B	-0.04%
	OHI	C	-0.04%
	GME	C	-0.04%
	CIEN	B	-0.04%
	AA	B	-0.04%
	FHN	A	-0.04%
	STWD	C	-0.03%
	WBA	F	-0.03%
	VFC	C	-0.03%
	DAR	C	-0.03%
	PARA	C	-0.03%
	FMC	D	-0.03%
	LSCC	D	-0.03%
	ELAN	D	-0.03%
	UHAL	D	-0.03%
	CGNX	C	-0.03%
	MASI	A	-0.03%
	DVA	B	-0.03%
	ALV	C	-0.03%
	WEX	D	-0.03%
	MHK	D	-0.03%
	MIDD	C	-0.03%
	AGNC	D	-0.03%
	G	B	-0.03%
	JAZZ	B	-0.03%
	MTCH	D	-0.03%
	IVZ	B	-0.03%
	WYNN	D	-0.03%
	ONTO	D	-0.03%
	LNW	D	-0.03%
	HAS	D	-0.03%
	CZR	F	-0.03%
	HSIC	B	-0.03%
	ST	F	-0.02%
	POST	C	-0.02%
	ARW	D	-0.02%
	PPC	C	-0.01%
	LCID	F	-0.01%
	AGR	B	-0.01%
	COTY	F	-0.01%

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

SCHV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Banks - Regional - US Business Services Asset Management Oil & Gas E&P Packaged Foods REIT - Residential Packaging & Containers Semiconductors Aerospace & Defense Communication Equipment Drug Manufacturers - Major Household & Personal Products Insurance - Property & Casualty Specialty Chemicals Specialty Retail Engineering & Construction Insurance - Diversified REIT - Industrial

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