ILCB vs. BSV ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to Vanguard Short-Term Bond ETF (BSV)

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

$82.76

Average Daily Volume

40,854

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

BSV

Vanguard Short-Term Bond ETF

BSV Description

The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 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 1 and 5 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

$77.32

Average Daily Volume

2,089,462

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	BSV
30 Days	3.62%	-0.28%
60 Days	4.81%	-1.26%
90 Days	6.51%	-0.34%
12 Months	32.50%	5.43%

329 Overlapping Holdings

Symbol	Grade	Weight in ILCB	Weight in BSV	Overlap
A	D	0.07%	0.01%	0.01%
AAPL	C	6.21%	0.01%	0.01%
ABBV	D	0.56%	0.01%	0.01%
ABT	B	0.39%	0.01%	0.01%
ADBE	C	0.43%	0.01%	0.01%
ADI	D	0.2%	0.01%	0.01%
ADM	D	0.05%	0.01%	0.01%
ADP	B	0.23%	0.01%	0.01%
ADSK	A	0.12%	0.01%	0.01%
AEE	A	0.05%	0.01%	0.01%
AEP	D	0.1%	0.01%	0.01%
AES	F	0.02%	0.01%	0.01%
AFG	A	0.02%	0.01%	0.01%
AFL	B	0.11%	0.01%	0.01%
AGR	B	0.0%	0.01%	0.0%
AIG	B	0.09%	0.01%	0.01%
ALB	C	0.02%	0.01%	0.01%
ALL	A	0.1%	0.01%	0.01%
ALLE	D	0.02%	0.01%	0.01%
ALLY	C	0.02%	0.01%	0.01%
AMAT	F	0.27%	0.01%	0.01%
AMGN	D	0.29%	0.01%	0.01%
AMP	A	0.11%	0.01%	0.01%
AMT	D	0.18%	0.01%	0.01%
AMZN	C	3.7%	0.01%	0.01%
AON	A	0.16%	0.01%	0.01%
APD	A	0.14%	0.01%	0.01%
APH	A	0.16%	0.01%	0.01%
APTV	D	0.02%	0.01%	0.01%
ARE	D	0.03%	0.01%	0.01%
ATO	A	0.04%	0.01%	0.01%
AVB	B	0.06%	0.01%	0.01%
AVGO	D	1.45%	0.01%	0.01%
AWK	D	0.05%	0.01%	0.01%
AXP	A	0.31%	0.01%	0.01%
AZO	C	0.1%	0.01%	0.01%
BA	F	0.2%	0.01%	0.01%
BAC	A	0.61%	0.01%	0.01%
BAX	D	0.03%	0.01%	0.01%
BDX	F	0.13%	0.01%	0.01%
BEN	C	0.01%	0.01%	0.01%
BG	F	0.02%	0.01%	0.01%
BIIB	F	0.04%	0.02%	0.02%
BK	A	0.11%	0.01%	0.01%
BKNG	A	0.32%	0.01%	0.01%
BLK	C	0.3%	0.01%	0.01%
BMY	B	0.22%	0.01%	0.01%
BR	A	0.05%	0.01%	0.01%
BRO	B	0.05%	0.01%	0.01%
BSX	B	0.25%	0.01%	0.01%
BXP	D	0.02%	0.01%	0.01%
C	A	0.25%	0.01%	0.01%
CAG	D	0.02%	0.01%	0.01%
CAH	B	0.06%	0.01%	0.01%
CARR	D	0.12%	0.03%	0.03%
CAT	B	0.36%	0.01%	0.01%
CB	C	0.21%	0.01%	0.01%
CCI	D	0.09%	0.01%	0.01%
CDNS	B	0.15%	0.01%	0.01%
CE	F	0.02%	0.01%	0.01%
CF	B	0.03%	0.01%	0.01%
CFG	B	0.04%	0.01%	0.01%
CHD	B	0.05%	0.01%	0.01%
CHTR	C	0.07%	0.02%	0.02%
CI	F	0.17%	0.01%	0.01%
CL	D	0.15%	0.01%	0.01%
CLX	B	0.04%	0.01%	0.01%
CMCSA	B	0.32%	0.01%	0.01%
CME	A	0.16%	0.01%	0.01%
CMI	A	0.1%	0.01%	0.01%
CMS	C	0.04%	0.01%	0.01%
CNH	C	0.02%	0.01%	0.01%
CNP	B	0.04%	0.01%	0.01%
COF	B	0.14%	0.01%	0.01%
COP	C	0.25%	0.01%	0.01%
COST	B	0.78%	0.01%	0.01%
CPB	D	0.02%	0.01%	0.01%
CPT	B	0.02%	0.01%	0.01%
CRM	B	0.58%	0.01%	0.01%
CSCO	B	0.45%	0.01%	0.01%
CSL	C	0.04%	0.01%	0.01%
CSX	B	0.13%	0.01%	0.01%
CTVA	C	0.07%	0.01%	0.01%
CVS	D	0.13%	0.01%	0.01%
CVX	A	0.53%	0.01%	0.01%
D	C	0.09%	0.01%	0.01%
DAL	C	0.08%	0.01%	0.01%
DD	D	0.07%	0.02%	0.02%
DE	A	0.19%	0.01%	0.01%
DELL	C	0.07%	0.01%	0.01%
DFS	B	0.09%	0.01%	0.01%
DG	F	0.03%	0.01%	0.01%
DGX	A	0.03%	0.01%	0.01%
DHI	D	0.09%	0.01%	0.01%
DHR	F	0.29%	0.01%	0.01%
DIS	B	0.4%	0.01%	0.01%
DLR	B	0.11%	0.01%	0.01%
DLTR	F	0.03%	0.01%	0.01%
DOC	D	0.03%	0.01%	0.01%
DOV	A	0.05%	0.01%	0.01%
DOW	F	0.06%	0.01%	0.01%
DTE	C	0.05%	0.01%	0.01%
DUK	C	0.17%	0.01%	0.01%
DVN	F	0.05%	0.01%	0.01%
EA	A	0.08%	0.01%	0.01%
EBAY	D	0.06%	0.01%	0.01%
ED	D	0.06%	0.01%	0.01%
EFX	F	0.06%	0.01%	0.01%
EIX	B	0.06%	0.01%	0.01%
EL	F	0.03%	0.01%	0.01%
EMN	D	0.02%	0.01%	0.01%
EMR	A	0.14%	0.01%	0.01%
EOG	A	0.15%	0.01%	0.01%
EQH	B	0.02%	0.01%	0.01%
EQIX	A	0.16%	0.01%	0.01%
EQR	B	0.05%	0.01%	0.01%
ES	D	0.04%	0.01%	0.01%
ESS	B	0.04%	0.01%	0.01%
ETN	A	0.28%	0.02%	0.02%
ETR	B	0.06%	0.01%	0.01%
EVRG	A	0.03%	0.01%	0.01%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.01%	0.01%
FANG	D	0.06%	0.01%	0.01%
FDX	B	0.13%	0.01%	0.01%
FIS	C	0.09%	0.01%	0.01%
FITB	A	0.06%	0.01%	0.01%
FLEX	A	0.03%	0.01%	0.01%
FOXA	B	0.02%	0.01%	0.01%
FTNT	C	0.12%	0.01%	0.01%
FTV	C	0.05%	0.01%	0.01%
GD	F	0.14%	0.01%	0.01%
GE	D	0.37%	0.01%	0.01%
GILD	C	0.21%	0.01%	0.01%
GIS	D	0.07%	0.01%	0.01%
GLPI	C	0.02%	0.01%	0.01%
GM	B	0.12%	0.01%	0.01%
GOOGL	C	1.95%	0.01%	0.01%
GPN	B	0.06%	0.01%	0.01%
GS	A	0.37%	0.01%	0.01%
GWW	B	0.1%	0.01%	0.01%
HAL	C	0.05%	0.01%	0.01%
HBAN	A	0.05%	0.01%	0.01%
HCA	F	0.12%	0.01%	0.01%
HD	A	0.78%	0.01%	0.01%
HES	B	0.08%	0.01%	0.01%
HII	D	0.01%	0.01%	0.01%
HON	B	0.29%	0.01%	0.01%
HPE	B	0.05%	0.01%	0.01%
HPQ	B	0.07%	0.01%	0.01%
HRL	D	0.02%	0.01%	0.01%
HST	C	0.02%	0.01%	0.01%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.04%	0.01%	0.01%
HUM	C	0.06%	0.01%	0.01%
IBM	C	0.36%	0.01%	0.01%
ICE	C	0.17%	0.01%	0.01%
IFF	D	0.04%	0.01%	0.01%
ILMN	D	0.04%	0.01%	0.01%
INTC	D	0.2%	0.01%	0.01%
INTU	C	0.37%	0.01%	0.01%
IP	B	0.04%	0.01%	0.01%
IPG	D	0.02%	0.01%	0.01%
ITW	B	0.15%	0.01%	0.01%
JBHT	C	0.03%	0.01%	0.01%
JCI	C	0.11%	0.01%	0.01%
JNJ	D	0.71%	0.01%	0.01%
JNPR	F	0.02%	0.01%	0.01%
JPM	A	1.34%	0.01%	0.01%
K	A	0.04%	0.01%	0.01%
KDP	D	0.07%	0.01%	0.01%
KEY	B	0.03%	0.01%	0.01%
KEYS	A	0.05%	0.01%	0.01%
KIM	A	0.03%	0.01%	0.01%
KLAC	D	0.16%	0.02%	0.02%
KMB	D	0.09%	0.01%	0.01%
KMI	A	0.1%	0.01%	0.01%
KO	D	0.46%	0.01%	0.01%
KR	B	0.08%	0.01%	0.01%
L	A	0.03%	0.01%	0.01%
LDOS	C	0.04%	0.01%	0.01%
LEN	D	0.0%	0.01%	0.0%
LEN	D	0.08%	0.01%	0.01%
LH	C	0.04%	0.01%	0.01%
LHX	C	0.09%	0.01%	0.01%
LII	A	0.04%	0.01%	0.01%
LIN	D	0.41%	0.01%	0.01%
LLY	F	1.22%	0.01%	0.01%
LMT	D	0.22%	0.01%	0.01%
LNT	A	0.03%	0.01%	0.01%
LOW	D	0.3%	0.01%	0.01%
LRCX	F	0.18%	0.01%	0.01%
LUV	C	0.04%	0.01%	0.01%
LVS	C	0.04%	0.01%	0.01%
LYB	F	0.04%	0.01%	0.01%
MA	C	0.82%	0.01%	0.01%
MAA	B	0.04%	0.01%	0.01%
MAR	B	0.12%	0.01%	0.01%
MAS	D	0.03%	0.01%	0.01%
MCD	D	0.41%	0.01%	0.01%
MCHP	D	0.06%	0.02%	0.02%
MCK	B	0.15%	0.01%	0.01%
MCO	B	0.14%	0.01%	0.01%
MDLZ	F	0.17%	0.01%	0.01%
MDT	D	0.22%	0.02%	0.02%
MET	A	0.1%	0.01%	0.01%
MKC	D	0.04%	0.01%	0.01%
MLM	B	0.07%	0.01%	0.01%
MMC	B	0.21%	0.01%	0.01%
MMM	D	0.14%	0.01%	0.01%
MO	A	0.18%	0.01%	0.01%
MOS	F	0.02%	0.01%	0.01%
MPC	D	0.1%	0.01%	0.01%
MRK	F	0.47%	0.01%	0.01%
MRVL	B	0.15%	0.01%	0.01%
MS	A	0.32%	0.01%	0.01%
MSFT	F	5.94%	0.01%	0.01%
MSI	B	0.16%	0.01%	0.01%
MTB	A	0.07%	0.01%	0.01%
MU	D	0.21%	0.01%	0.01%
NDAQ	A	0.06%	0.01%	0.01%
NEE	D	0.3%	0.01%	0.01%
NEM	D	0.09%	0.01%	0.01%
NI	A	0.03%	0.02%	0.02%
NKE	D	0.17%	0.01%	0.01%
NOC	D	0.14%	0.02%	0.02%
NSC	B	0.11%	0.01%	0.01%
NTAP	C	0.05%	0.01%	0.01%
NTRS	A	0.04%	0.01%	0.01%
NUE	C	0.07%	0.01%	0.01%
NVDA	C	6.48%	0.01%	0.01%
NVT	B	0.02%	0.01%	0.01%
NXPI	D	0.11%	0.01%	0.01%
O	D	0.09%	0.01%	0.01%
OC	A	0.03%	0.01%	0.01%
OKE	A	0.12%	0.01%	0.01%
OMC	C	0.04%	0.01%	0.01%
ORCL	B	0.57%	0.01%	0.01%
ORLY	B	0.14%	0.01%	0.01%
OTIS	C	0.08%	0.02%	0.02%
PCAR	B	0.11%	0.01%	0.01%
PCG	A	0.09%	0.01%	0.01%
PEG	A	0.09%	0.01%	0.01%
PEP	F	0.42%	0.01%	0.01%
PFE	D	0.27%	0.01%	0.01%
PFG	D	0.04%	0.01%	0.01%
PG	A	0.77%	0.01%	0.01%
PH	A	0.17%	0.01%	0.01%
PHM	D	0.05%	0.01%	0.01%
PKG	A	0.04%	0.01%	0.01%
PM	B	0.38%	0.01%	0.01%
PNC	B	0.16%	0.01%	0.01%
PPG	F	0.06%	0.01%	0.01%
PPL	B	0.05%	0.01%	0.01%
PRU	A	0.09%	0.01%	0.01%
PSA	D	0.1%	0.01%	0.01%
PSX	C	0.11%	0.01%	0.01%
PYPL	B	0.17%	0.01%	0.01%
QCOM	F	0.34%	0.01%	0.01%
RF	A	0.05%	0.01%	0.01%
RGA	A	0.03%	0.01%	0.01%
RNR	C	0.03%	0.01%	0.01%
ROK	B	0.06%	0.01%	0.01%
ROP	B	0.11%	0.01%	0.01%
ROST	C	0.09%	0.01%	0.01%
RPRX	D	0.02%	0.01%	0.01%
RS	B	0.03%	0.01%	0.01%
RSG	A	0.08%	0.01%	0.01%
RTX	C	0.3%	0.01%	0.01%
SBUX	A	0.22%	0.01%	0.01%
SCHW	B	0.22%	0.01%	0.01%
SHW	A	0.17%	0.01%	0.01%
SLB	C	0.12%	0.01%	0.01%
SNX	C	0.01%	0.01%	0.01%
SO	D	0.18%	0.01%	0.01%
SPG	B	0.11%	0.01%	0.01%
SPGI	C	0.3%	0.01%	0.01%
SRE	A	0.11%	0.01%	0.01%
STLD	B	0.04%	0.01%	0.01%
STT	A	0.06%	0.01%	0.01%
STZ	D	0.07%	0.01%	0.01%
SWK	D	0.03%	0.01%	0.01%
SWKS	F	0.03%	0.01%	0.01%
SYF	B	0.05%	0.01%	0.01%
SYK	C	0.27%	0.01%	0.01%
SYY	B	0.07%	0.01%	0.01%
T	A	0.31%	0.01%	0.01%
TAP	C	0.02%	0.02%	0.02%
TDY	B	0.04%	0.01%	0.01%
TEL	B	0.09%	0.01%	0.01%
TFC	A	0.12%	0.01%	0.01%
TGT	F	0.14%	0.01%	0.01%
TJX	A	0.26%	0.01%	0.01%
TMO	F	0.38%	0.01%	0.01%
TMUS	B	0.22%	0.01%	0.01%
TRMB	B	0.03%	0.01%	0.01%
TSN	B	0.03%	0.01%	0.01%
TT	A	0.18%	0.01%	0.01%
TXN	C	0.35%	0.01%	0.01%
TXT	D	0.03%	0.01%	0.01%
UAL	A	0.06%	0.01%	0.01%
UDR	B	0.03%	0.01%	0.01%
UNH	C	1.05%	0.01%	0.01%
UNM	A	0.02%	0.01%	0.01%
UNP	C	0.28%	0.01%	0.01%
UPS	C	0.19%	0.01%	0.01%
USB	A	0.15%	0.01%	0.01%
V	A	1.0%	0.02%	0.02%
VLO	C	0.09%	0.01%	0.01%
VMC	B	0.07%	0.01%	0.01%
VRSK	A	0.08%	0.01%	0.01%
VTR	C	0.05%	0.01%	0.01%
VTRS	A	0.03%	0.01%	0.01%
VZ	C	0.34%	0.02%	0.02%
WAB	B	0.07%	0.01%	0.01%
WBA	F	0.01%	0.01%	0.01%
WEC	A	0.06%	0.01%	0.01%
WELL	A	0.16%	0.01%	0.01%
WFC	A	0.49%	0.01%	0.01%
WLK	D	0.01%	0.01%	0.01%
WM	A	0.15%	0.01%	0.01%
WMB	A	0.13%	0.01%	0.01%
WMT	A	0.7%	0.01%	0.01%
WPC	D	0.02%	0.01%	0.01%
WY	D	0.04%	0.01%	0.01%
XEL	A	0.07%	0.01%	0.01%
XOM	B	1.02%	0.01%	0.01%
ZBH	C	0.04%	0.01%	0.01%
ZTS	D	0.15%	0.01%	0.01%

ILCB Overweight 285 Positions Relative to BSV

Symbol	Grade	Weight
META	D	2.34%
GOOG	C	1.74%
TSLA	B	1.72%
BRK.A	B	1.63%
NFLX	A	0.68%
ACN	C	0.43%
AMD	F	0.42%
NOW	A	0.4%
ISRG	A	0.36%
PGR	A	0.29%
UBER	D	0.28%
BX	A	0.25%
PLTR	B	0.25%
PANW	C	0.24%
VRTX	F	0.23%
FI	A	0.23%
PLD	D	0.2%
ANET	C	0.19%
KKR	A	0.19%
MELI	D	0.18%
ELV	F	0.18%
GEV	B	0.17%
CRWD	B	0.15%
SNPS	B	0.15%
REGN	F	0.15%
CMG	B	0.15%
CEG	D	0.14%
CTAS	B	0.14%
APO	B	0.13%
CRH	A	0.13%
TDG	D	0.13%
MSTR	C	0.12%
COIN	C	0.12%
APP	B	0.12%
HLT	A	0.12%
FCX	D	0.12%
ECL	D	0.12%
AJG	B	0.12%
WDAY	B	0.11%
URI	B	0.11%
FICO	B	0.11%
ABNB	C	0.11%
TRV	B	0.11%
CPRT	A	0.1%
DASH	A	0.1%
TTD	B	0.1%
RCL	A	0.1%
AME	A	0.09%
HWM	A	0.09%
VST	B	0.09%
PAYX	C	0.09%
MSCI	C	0.09%
SQ	B	0.09%
PWR	A	0.09%
FAST	B	0.09%
LNG	B	0.09%
CBRE	B	0.08%
IT	C	0.08%
COR	B	0.08%
FERG	B	0.08%
EW	C	0.08%
SNOW	C	0.08%
ODFL	B	0.08%
KVUE	A	0.08%
IR	B	0.08%
BKR	B	0.08%
F	C	0.08%
TRGP	B	0.08%
AXON	A	0.08%
VRT	B	0.08%
RMD	C	0.07%
HUBS	A	0.07%
EXR	D	0.07%
HIG	B	0.07%
IDXX	F	0.07%
IQV	D	0.07%
LULU	C	0.07%
GLW	B	0.07%
MNST	C	0.07%
DDOG	A	0.07%
YUM	B	0.07%
TEAM	A	0.07%
ACGL	D	0.07%
CTSH	B	0.07%
CSGP	D	0.06%
ANSS	B	0.06%
TTWO	A	0.06%
CPNG	D	0.06%
XYL	D	0.06%
TSCO	D	0.06%
ALNY	D	0.06%
DXCM	D	0.06%
CNC	D	0.06%
RJF	A	0.06%
ARES	A	0.06%
OXY	D	0.06%
VEEV	C	0.06%
GRMN	B	0.06%
GEHC	F	0.06%
WTW	B	0.06%
VICI	C	0.06%
IRM	D	0.06%
CINF	A	0.05%
CDW	F	0.05%
EME	C	0.05%
SBAC	D	0.05%
LPLA	A	0.05%
EQT	B	0.05%
CCL	B	0.05%
VLTO	D	0.05%
GDDY	A	0.05%
CPAY	A	0.05%
TYL	B	0.05%
MTD	D	0.05%
SW	A	0.05%
NVR	D	0.05%
TROW	B	0.05%
RBLX	C	0.05%
MPWR	F	0.05%
TPL	A	0.05%
DECK	A	0.05%
NET	B	0.05%
KHC	F	0.05%
FCNCA	A	0.05%
ON	D	0.05%
FDS	B	0.04%
HOLX	D	0.04%
ZS	C	0.04%
TRU	D	0.04%
WSO	A	0.04%
WRB	A	0.04%
SNA	A	0.04%
IBKR	A	0.04%
EXE	B	0.04%
CTRA	B	0.04%
NRG	B	0.04%
BAH	F	0.04%
DKNG	B	0.04%
LYV	A	0.04%
BALL	D	0.04%
INVH	D	0.04%
FSLR	F	0.04%
COO	D	0.04%
STX	D	0.04%
ZBRA	B	0.04%
ZM	B	0.04%
DRI	B	0.04%
MDB	C	0.04%
WDC	D	0.04%
WBD	C	0.04%
FE	C	0.04%
WAT	B	0.04%
BLDR	D	0.04%
MKL	A	0.04%
STE	F	0.04%
PTC	A	0.04%
WST	C	0.04%
NDSN	B	0.03%
AKAM	D	0.03%
EPAM	C	0.03%
FNF	B	0.03%
RVTY	F	0.03%
POOL	C	0.03%
SAIA	B	0.03%
UTHR	C	0.03%
FFIV	B	0.03%
AVTR	F	0.03%
JBL	B	0.03%
DT	C	0.03%
AMCR	D	0.03%
ENTG	D	0.03%
ROL	B	0.03%
ACM	A	0.03%
PSTG	D	0.03%
USFD	A	0.03%
TW	A	0.03%
GGG	B	0.03%
THC	D	0.03%
CASY	A	0.03%
DPZ	C	0.03%
SUI	D	0.03%
TOL	B	0.03%
VRSN	F	0.03%
WSM	B	0.03%
AVY	D	0.03%
EG	C	0.03%
TER	D	0.03%
FIX	A	0.03%
DOCU	A	0.03%
SSNC	B	0.03%
MRO	B	0.03%
HEI	B	0.03%
TWLO	A	0.03%
HOOD	B	0.03%
MANH	D	0.03%
ALGN	D	0.03%
PINS	D	0.03%
EXPD	D	0.03%
XPO	B	0.03%
NTNX	A	0.03%
GEN	B	0.03%
BURL	A	0.03%
FWONK	B	0.03%
GPC	D	0.03%
IEX	B	0.03%
PNR	A	0.03%
MOH	F	0.03%
RPM	A	0.03%
ULTA	F	0.03%
J	F	0.03%
PODD	C	0.03%
NTRA	B	0.03%
BBY	D	0.03%
MEDP	D	0.02%
DVA	B	0.02%
ENPH	F	0.02%
APA	D	0.02%
AOS	F	0.02%
WYNN	D	0.02%
MGM	D	0.02%
EXAS	D	0.02%
WING	D	0.02%
TFX	F	0.02%
AR	B	0.02%
MORN	B	0.02%
SMCI	F	0.02%
SOLV	C	0.02%
WMS	D	0.02%
WTRG	B	0.02%
SRPT	D	0.02%
CRL	C	0.02%
CHDN	B	0.02%
LKQ	D	0.02%
ERIE	D	0.02%
TECH	D	0.02%
BJ	A	0.02%
FND	C	0.02%
LW	C	0.02%
NWSA	B	0.02%
TTEK	F	0.02%
PAYC	B	0.02%
CCK	C	0.02%
CG	A	0.02%
SJM	D	0.02%
HEI	B	0.02%
BLD	D	0.02%
RRX	B	0.02%
SNAP	C	0.02%
DKS	C	0.02%
DAY	B	0.02%
OVV	B	0.02%
AMH	D	0.02%
UHS	D	0.02%
OKTA	C	0.02%
BMRN	D	0.02%
LECO	B	0.02%
NBIX	C	0.02%
KMX	B	0.02%
MRNA	F	0.02%
REG	B	0.02%
INCY	C	0.02%
SCI	B	0.02%
JKHY	D	0.02%
CLH	B	0.02%
ELS	C	0.02%
PFGC	B	0.02%
COTY	F	0.01%
PAG	B	0.01%
NWS	B	0.01%
CELH	F	0.01%
BRKR	D	0.01%
U	C	0.01%
FOX	A	0.01%
UHAL	D	0.01%
PCOR	B	0.01%
BSY	D	0.01%
SIRI	C	0.01%
QRVO	F	0.01%
AZPN	A	0.01%
DINO	D	0.01%
ACI	C	0.01%
CNM	D	0.01%
UHAL	D	0.0%
FWONA	B	0.0%
ALAB	B	0.0%

ILCB Underweight 113 Positions Relative to BSV

Symbol	Grade	Weight
WIT	A	-0.26%
STLA	F	-0.02%
VOD	F	-0.02%
NNN	D	-0.01%
NEU	C	-0.01%
LNC	B	-0.01%
MHK	D	-0.01%
OGS	A	-0.01%
IVZ	B	-0.01%
HP	B	-0.01%
HOG	D	-0.01%
JHG	A	-0.01%
JEF	A	-0.01%
JD	D	-0.01%
HAS	D	-0.01%
H	B	-0.01%
GXO	B	-0.01%
KMPR	B	-0.01%
EPR	D	-0.01%
FRT	B	-0.01%
FNB	A	-0.01%
DXC	B	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
GBDC	C	-0.01%
BC	C	-0.01%
AIZ	A	-0.01%
CNA	B	-0.01%
AVT	C	-0.01%
BRX	A	-0.01%
ARW	D	-0.01%
BKU	A	-0.01%
AN	C	-0.01%
CACC	D	-0.01%
BDN	C	-0.01%
BCSF	C	-0.01%
AMG	B	-0.01%
THG	A	-0.01%
WAL	B	-0.01%
VNT	B	-0.01%
SLG	B	-0.01%
SKT	B	-0.01%
SITC	D	-0.01%
PVH	C	-0.01%
RL	B	-0.01%
SNV	B	-0.01%
MAIN	A	-0.01%
NFG	A	-0.01%
ORI	A	-0.01%
OPI	F	-0.01%
OCSL	F	-0.01%
LEG	F	-0.01%
LAZ	B	-0.01%
PDM	D	-0.01%
MP	B	-0.01%
GSBD	F	-0.01%
HRB	D	-0.01%
KSS	F	-0.01%
KRC	C	-0.01%
FHN	A	-0.01%
CUBE	D	-0.01%
FAF	A	-0.01%
COKE	C	-0.01%
BWA	D	-0.01%
BABA	D	-0.01%
AWH	F	-0.01%
BKH	A	-0.01%
CP	D	-0.01%
TSLX	C	-0.01%
VOYA	B	-0.01%
VNO	B	-0.01%
WU	D	-0.01%
VFC	C	-0.01%
TKR	D	-0.01%
WHR	B	-0.01%
PNW	B	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
SCCO	F	-0.01%
SBRA	C	-0.01%
OHI	C	-0.01%
BHP	F	-0.01%
CNO	A	-0.01%
GP	F	-0.01%
WB	D	-0.01%
R	B	-0.01%
FSK	A	-0.01%
BIDU	F	-0.01%
AL	B	-0.01%
WEST	C	-0.01%
CM	A	-0.01%
AER	B	-0.01%
BERY	B	-0.01%
CAF	D	-0.01%
ET	A	-0.01%
PAA	B	-0.01%
ARCC	A	-0.01%
CMA	A	-0.01%
EDC	F	-0.01%
COE	D	-0.01%
MPLX	A	-0.01%
GSK	F	-0.01%
EPD	A	-0.01%
DB	D	-0.01%
RY	A	-0.01%
AZN	D	-0.01%
BNS	A	-0.01%
EQNR	D	-0.01%
NWG	C	-0.01%
TD	F	-0.01%
BMO	A	-0.01%
MUFG	B	-0.01%
HSBC	B	-0.01%