IUSV vs. VCIT ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$98.97

Average Daily Volume

517,714

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. 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 included in the index.

Grade (RS Rating)

Last Trade

$81.01

Average Daily Volume

6,195,281

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	VCIT
30 Days	3.05%	-0.49%
60 Days	4.28%	-2.68%
90 Days	6.30%	-1.49%
12 Months	27.24%	8.61%

376 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in VCIT	Overlap
A	D	0.17%	0.02%	0.02%
AAL	B	0.04%	0.01%	0.01%
ABBV	D	0.83%	0.13%	0.13%
ABT	B	0.87%	0.02%	0.02%
ADC	B	0.03%	0.01%	0.01%
ADI	D	0.19%	0.04%	0.04%
ADM	D	0.11%	0.05%	0.05%
ADP	B	0.33%	0.04%	0.04%
ADSK	A	0.14%	0.03%	0.03%
AEE	A	0.1%	0.01%	0.01%
AEP	D	0.22%	0.01%	0.01%
AES	F	0.04%	0.02%	0.02%
AFG	A	0.05%	0.02%	0.02%
AFL	B	0.24%	0.01%	0.01%
AIG	B	0.21%	0.02%	0.02%
AIZ	A	0.05%	0.02%	0.02%
ALL	A	0.23%	0.02%	0.02%
ALLE	D	0.03%	0.02%	0.02%
AMCR	D	0.06%	0.01%	0.01%
AMG	B	0.02%	0.04%	0.02%
AMGN	D	0.7%	0.01%	0.01%
AMH	D	0.02%	0.02%	0.02%
AMT	D	0.23%	0.03%	0.03%
AN	C	0.02%	0.02%	0.02%
AON	A	0.17%	0.01%	0.01%
APD	A	0.31%	0.02%	0.02%
APH	A	0.17%	0.02%	0.02%
APTV	D	0.06%	0.01%	0.01%
ARE	D	0.07%	0.01%	0.01%
ARW	D	0.03%	0.03%	0.03%
ATO	A	0.1%	0.02%	0.02%
AVB	B	0.14%	0.02%	0.02%
AVT	C	0.02%	0.02%	0.02%
AVY	D	0.07%	0.02%	0.02%
AWK	D	0.11%	0.02%	0.02%
AXP	A	0.21%	0.11%	0.11%
AYI	B	0.02%	0.03%	0.02%
AZO	C	0.07%	0.03%	0.03%
BA	F	0.25%	0.03%	0.03%
BAC	A	1.35%	0.01%	0.01%
BAX	D	0.07%	0.02%	0.02%
BBY	D	0.08%	0.02%	0.02%
BC	C	0.01%	0.03%	0.01%
BDX	F	0.29%	0.03%	0.03%
BEN	C	0.03%	0.04%	0.03%
BERY	B	0.03%	0.03%	0.03%
BG	F	0.05%	0.03%	0.03%
BHF	B	0.01%	0.05%	0.01%
BIIB	F	0.11%	0.07%	0.07%
BK	A	0.25%	0.01%	0.01%
BKH	A	0.02%	0.01%	0.01%
BLK	C	0.64%	0.04%	0.04%
BMY	B	0.52%	0.03%	0.03%
BR	A	0.05%	0.04%	0.04%
BRO	B	0.03%	0.02%	0.02%
BRX	A	0.02%	0.01%	0.01%
BSX	B	0.25%	0.01%	0.01%
BWA	D	0.03%	0.01%	0.01%
BXP	D	0.05%	0.02%	0.02%
C	A	0.57%	0.02%	0.02%
CAG	D	0.06%	0.01%	0.01%
CAH	B	0.13%	0.05%	0.05%
CARR	D	0.14%	0.04%	0.04%
CAT	B	0.34%	0.02%	0.02%
CB	C	0.47%	0.01%	0.01%
CBOE	B	0.03%	0.02%	0.02%
CBT	C	0.01%	0.01%	0.01%
CCI	D	0.2%	0.03%	0.03%
CFG	B	0.09%	0.03%	0.03%
CHD	B	0.06%	0.02%	0.02%
CHH	A	0.01%	0.01%	0.01%
CHRW	C	0.06%	0.03%	0.03%
CHTR	C	0.09%	0.06%	0.06%
CI	F	0.4%	0.02%	0.02%
CINF	A	0.1%	0.02%	0.02%
CLX	B	0.09%	0.01%	0.01%
CMCSA	B	0.73%	0.02%	0.02%
CME	A	0.22%	0.03%	0.03%
CMI	A	0.22%	0.04%	0.04%
CMS	C	0.09%	0.02%	0.02%
CNH	C	0.04%	0.04%	0.04%
CNO	A	0.02%	0.03%	0.02%
CNP	B	0.09%	0.02%	0.02%
COF	B	0.31%	0.03%	0.03%
COP	C	0.18%	0.01%	0.01%
COST	B	1.04%	0.07%	0.07%
CPB	D	0.04%	0.03%	0.03%
CPT	B	0.06%	0.02%	0.02%
CSX	B	0.15%	0.02%	0.02%
CTAS	B	0.15%	0.05%	0.05%
CTVA	C	0.17%	0.02%	0.02%
CUBE	D	0.02%	0.01%	0.01%
CVS	D	0.3%	0.02%	0.02%
CVX	A	1.2%	0.01%	0.01%
D	C	0.21%	0.01%	0.01%
DAL	C	0.08%	0.03%	0.03%
DD	D	0.15%	0.1%	0.1%
DE	A	0.19%	0.01%	0.01%
DELL	C	0.08%	0.04%	0.04%
DFS	B	0.09%	0.01%	0.01%
DG	F	0.07%	0.03%	0.03%
DGX	A	0.08%	0.01%	0.01%
DHR	F	0.67%	0.04%	0.04%
DIS	B	0.87%	0.03%	0.03%
DLR	B	0.14%	0.03%	0.03%
DLTR	F	0.06%	0.07%	0.06%
DOC	D	0.07%	0.01%	0.01%
DOV	A	0.12%	0.02%	0.02%
DOW	F	0.14%	0.01%	0.01%
DRI	B	0.04%	0.02%	0.02%
DTE	C	0.11%	0.01%	0.01%
DUK	C	0.37%	0.01%	0.01%
DVN	F	0.11%	0.01%	0.01%
EA	A	0.1%	0.04%	0.04%
EBAY	D	0.13%	0.04%	0.04%
ECL	D	0.13%	0.01%	0.01%
ED	D	0.14%	0.01%	0.01%
EFX	F	0.09%	0.03%	0.03%
EIX	B	0.14%	0.01%	0.01%
EL	F	0.07%	0.02%	0.02%
EMN	D	0.05%	0.03%	0.03%
EMR	A	0.32%	0.01%	0.01%
EOG	A	0.11%	0.05%	0.05%
EPR	D	0.01%	0.02%	0.01%
EQH	B	0.01%	0.01%	0.01%
EQIX	A	0.2%	0.02%	0.02%
EQR	B	0.11%	0.02%	0.02%
ES	D	0.1%	0.01%	0.01%
ESS	B	0.08%	0.01%	0.01%
ETN	A	0.24%	0.03%	0.03%
ETR	B	0.14%	0.01%	0.01%
EVRG	A	0.06%	0.01%	0.01%
EW	C	0.11%	0.03%	0.03%
EXC	C	0.17%	0.01%	0.01%
EXR	D	0.15%	0.02%	0.02%
FAF	A	0.03%	0.03%	0.03%
FDX	B	0.29%	0.02%	0.02%
FHN	A	0.05%	0.03%	0.03%
FIS	C	0.21%	0.03%	0.03%
FITB	A	0.14%	0.03%	0.03%
FLO	D	0.02%	0.01%	0.01%
FLS	B	0.02%	0.03%	0.02%
FMC	D	0.03%	0.03%	0.03%
FNF	B	0.07%	0.02%	0.02%
FOXA	B	0.05%	0.03%	0.03%
FRT	B	0.04%	0.02%	0.02%
GD	F	0.33%	0.01%	0.01%
GE	D	0.48%	0.04%	0.04%
GILD	C	0.5%	0.01%	0.01%
GIS	D	0.16%	0.04%	0.04%
GL	B	0.04%	0.02%	0.02%
GLPI	C	0.03%	0.03%	0.03%
GM	B	0.28%	0.02%	0.02%
GPC	D	0.08%	0.02%	0.02%
GPN	B	0.13%	0.02%	0.02%
GS	A	0.81%	0.05%	0.05%
GXO	B	0.01%	0.02%	0.01%
HAL	C	0.12%	0.06%	0.06%
HAS	D	0.04%	0.01%	0.01%
HBAN	A	0.11%	0.02%	0.02%
HCA	F	0.15%	0.05%	0.05%
HD	A	1.11%	0.03%	0.03%
HIG	B	0.15%	0.03%	0.03%
HII	D	0.03%	0.01%	0.01%
HON	B	0.66%	0.01%	0.01%
HPQ	A	0.16%	0.04%	0.04%
HR	C	0.03%	0.02%	0.02%
HRL	D	0.04%	0.01%	0.01%
HST	C	0.02%	0.03%	0.02%
HSY	F	0.07%	0.01%	0.01%
HUBB	B	0.06%	0.01%	0.01%
HUM	C	0.15%	0.01%	0.01%
IBM	C	0.84%	0.01%	0.01%
ICE	C	0.39%	0.03%	0.03%
IEX	B	0.08%	0.05%	0.05%
IFF	D	0.1%	0.02%	0.02%
ILMN	D	0.1%	0.03%	0.03%
INGR	B	0.03%	0.03%	0.03%
INTC	D	0.47%	0.05%	0.05%
INVH	D	0.08%	0.04%	0.04%
IPG	D	0.05%	0.02%	0.02%
ITW	B	0.17%	0.04%	0.04%
JBL	B	0.03%	0.03%	0.03%
JCI	C	0.25%	0.02%	0.02%
JEF	A	0.05%	0.02%	0.02%
JNJ	D	1.6%	0.01%	0.01%
JNPR	F	0.06%	0.03%	0.03%
JPM	A	3.01%	0.01%	0.01%
K	A	0.09%	0.02%	0.02%
KDP	D	0.16%	0.03%	0.03%
KEX	C	0.02%	0.03%	0.02%
KEY	B	0.08%	0.02%	0.02%
KEYS	A	0.12%	0.03%	0.03%
KIM	A	0.07%	0.02%	0.02%
KMB	D	0.19%	0.02%	0.02%
KMI	A	0.23%	0.01%	0.01%
KMPR	B	0.02%	0.01%	0.01%
KO	D	0.65%	0.01%	0.01%
KR	B	0.17%	0.01%	0.01%
KRC	C	0.02%	0.02%	0.02%
KRG	B	0.03%	0.01%	0.01%
L	A	0.07%	0.04%	0.04%
LDOS	C	0.1%	0.05%	0.05%
LEA	D	0.02%	0.02%	0.02%
LEN	D	0.08%	0.01%	0.01%
LH	C	0.09%	0.01%	0.01%
LHX	C	0.21%	0.01%	0.01%
LIN	D	0.46%	0.03%	0.03%
LMT	D	0.5%	0.04%	0.04%
LNT	A	0.07%	0.01%	0.01%
LOW	D	0.67%	0.01%	0.01%
LUV	C	0.08%	0.01%	0.01%
LVS	C	0.03%	0.04%	0.03%
LYB	F	0.09%	0.03%	0.03%
MA	C	0.53%	0.03%	0.03%
MAA	B	0.08%	0.01%	0.01%
MAS	D	0.03%	0.02%	0.02%
MCD	D	0.52%	0.01%	0.01%
MCO	B	0.17%	0.02%	0.02%
MDLZ	F	0.22%	0.02%	0.02%
MDT	D	0.48%	0.02%	0.02%
MET	A	0.21%	0.07%	0.07%
MHK	D	0.03%	0.02%	0.02%
MKC	D	0.08%	0.01%	0.01%
MLM	B	0.05%	0.01%	0.01%
MMC	B	0.23%	0.04%	0.04%
MMM	D	0.32%	0.02%	0.02%
MO	A	0.41%	0.02%	0.02%
MOS	F	0.04%	0.04%	0.04%
MPC	D	0.1%	0.04%	0.04%
MRK	F	0.65%	0.06%	0.06%
MRO	B	0.03%	0.05%	0.03%
MS	A	0.72%	0.01%	0.01%
MSI	B	0.15%	0.02%	0.02%
MTB	A	0.16%	0.04%	0.04%
MU	D	0.48%	0.03%	0.03%
NDAQ	A	0.14%	0.03%	0.03%
NEE	D	0.68%	0.01%	0.01%
NEM	D	0.2%	0.05%	0.05%
NFG	A	0.02%	0.01%	0.01%
NI	A	0.07%	0.03%	0.03%
NKE	D	0.23%	0.04%	0.04%
NNN	D	0.02%	0.01%	0.01%
NOC	D	0.3%	0.02%	0.02%
NOV	C	0.03%	0.02%	0.02%
NSC	B	0.26%	0.01%	0.01%
NTAP	C	0.07%	0.03%	0.03%
NTRS	A	0.09%	0.02%	0.02%
NUE	C	0.06%	0.02%	0.02%
NXPI	D	0.06%	0.03%	0.03%
O	D	0.21%	0.03%	0.03%
OGE	B	0.04%	0.01%	0.01%
OGS	A	0.02%	0.01%	0.01%
OHI	C	0.03%	0.01%	0.01%
OKE	A	0.1%	0.01%	0.01%
OMC	C	0.09%	0.03%	0.03%
ORLY	B	0.08%	0.01%	0.01%
OSK	B	0.03%	0.02%	0.02%
OTIS	C	0.11%	0.04%	0.04%
PCG	A	0.2%	0.01%	0.01%
PEG	A	0.19%	0.01%	0.01%
PEP	F	0.63%	0.02%	0.02%
PFE	D	0.64%	0.03%	0.03%
PFG	D	0.08%	0.02%	0.02%
PG	A	1.05%	0.04%	0.04%
PGR	A	0.33%	0.01%	0.01%
PH	A	0.09%	0.05%	0.05%
PKG	A	0.09%	0.02%	0.02%
PLD	D	0.46%	0.01%	0.01%
PM	B	0.55%	0.02%	0.02%
PNC	B	0.36%	0.01%	0.01%
PNR	A	0.02%	0.01%	0.01%
PNW	B	0.04%	0.01%	0.01%
PPG	F	0.13%	0.02%	0.02%
PRU	A	0.2%	0.02%	0.02%
PSA	D	0.13%	0.01%	0.01%
PSX	C	0.24%	0.04%	0.04%
PWR	A	0.06%	0.05%	0.05%
PYPL	B	0.38%	0.05%	0.05%
QCOM	F	0.38%	0.05%	0.05%
QRVO	F	0.03%	0.05%	0.03%
R	B	0.03%	0.02%	0.02%
REG	B	0.05%	0.02%	0.02%
REGN	F	0.15%	0.06%	0.06%
REXR	F	0.02%	0.01%	0.01%
RF	A	0.11%	0.03%	0.03%
RGA	A	0.07%	0.03%	0.03%
RJF	A	0.13%	0.07%	0.07%
RL	B	0.02%	0.03%	0.02%
RNR	C	0.03%	0.01%	0.01%
ROK	B	0.07%	0.01%	0.01%
ROP	B	0.15%	0.03%	0.03%
RPM	A	0.03%	0.03%	0.03%
RSG	A	0.08%	0.01%	0.01%
RTX	C	0.69%	0.01%	0.01%
RYN	D	0.01%	0.02%	0.01%
SBRA	C	0.02%	0.03%	0.02%
SBUX	A	0.2%	0.02%	0.02%
SCHW	B	0.52%	0.01%	0.01%
SF	B	0.05%	0.02%	0.02%
SHW	A	0.2%	0.02%	0.02%
SJM	D	0.05%	0.03%	0.03%
SLB	C	0.27%	0.05%	0.05%
SNA	A	0.05%	0.01%	0.01%
SNX	C	0.04%	0.03%	0.03%
SO	D	0.41%	0.02%	0.02%
SON	D	0.02%	0.03%	0.02%
SPG	B	0.15%	0.01%	0.01%
SPGI	C	0.4%	0.02%	0.02%
SRE	A	0.25%	0.03%	0.03%
STE	F	0.04%	0.05%	0.04%
STLD	B	0.03%	0.02%	0.02%
STT	A	0.12%	0.01%	0.01%
STZ	D	0.17%	0.02%	0.02%
SWK	D	0.06%	0.03%	0.03%
SWKS	F	0.06%	0.03%	0.03%
SWX	B	0.02%	0.01%	0.01%
SYF	B	0.11%	0.03%	0.03%
SYK	C	0.21%	0.02%	0.02%
SYY	B	0.16%	0.05%	0.05%
T	A	0.7%	0.05%	0.05%
TDY	B	0.1%	0.03%	0.03%
TEL	B	0.12%	0.03%	0.03%
TFC	A	0.27%	0.02%	0.02%
TGT	F	0.31%	0.02%	0.02%
THG	A	0.03%	0.01%	0.01%
TJX	A	0.21%	0.01%	0.01%
TKR	D	0.01%	0.02%	0.01%
TMO	F	0.55%	0.03%	0.03%
TMUS	B	0.51%	0.09%	0.09%
TRMB	B	0.08%	0.03%	0.03%
TSCO	D	0.08%	0.03%	0.03%
TSN	B	0.08%	0.06%	0.06%
TT	A	0.13%	0.03%	0.03%
TXN	C	0.52%	0.02%	0.02%
TXT	D	0.07%	0.01%	0.01%
UAL	A	0.13%	0.01%	0.01%
UDR	B	0.06%	0.01%	0.01%
UHS	D	0.05%	0.04%	0.04%
UNH	C	1.48%	0.01%	0.01%
UNM	A	0.04%	0.02%	0.02%
UNP	C	0.34%	0.02%	0.02%
UPS	C	0.42%	0.03%	0.03%
USB	A	0.34%	0.01%	0.01%
V	A	0.77%	0.03%	0.03%
VLO	C	0.2%	0.03%	0.03%
VMC	B	0.06%	0.02%	0.02%
VNO	B	0.03%	0.02%	0.02%
VOYA	B	0.02%	0.02%	0.02%
VRSK	A	0.08%	0.06%	0.06%
VRSN	F	0.04%	0.04%	0.04%
VTR	C	0.11%	0.02%	0.02%
VTRS	A	0.07%	0.04%	0.04%
VZ	C	0.75%	0.04%	0.04%
WAB	B	0.15%	0.04%	0.04%
WBA	F	0.03%	0.02%	0.02%
WBS	A	0.04%	0.02%	0.02%
WEC	A	0.13%	0.01%	0.01%
WELL	A	0.34%	0.01%	0.01%
WFC	A	1.08%	0.01%	0.01%
WHR	B	0.03%	0.01%	0.01%
WM	A	0.19%	0.01%	0.01%
WMB	A	0.18%	0.01%	0.01%
WMT	A	1.6%	0.01%	0.01%
WPC	D	0.05%	0.02%	0.02%
WTFC	A	0.04%	0.01%	0.01%
WTRG	B	0.02%	0.03%	0.02%
WU	D	0.01%	0.02%	0.01%
WY	D	0.1%	0.01%	0.01%
XEL	A	0.17%	0.01%	0.01%
XOM	B	2.34%	0.01%	0.01%
XRAY	F	0.02%	0.04%	0.02%
XYL	D	0.13%	0.02%	0.02%
ZBH	C	0.1%	0.05%	0.05%
ZION	B	0.04%	0.03%	0.03%
ZTS	D	0.16%	0.02%	0.02%

IUSV Overweight 352 Positions Relative to VCIT

Symbol	Grade	Weight
BRK.A	B	3.74%
CSCO	B	1.02%
ACN	C	0.46%
ELV	F	0.41%
MCK	B	0.35%
ISRG	A	0.28%
TRV	B	0.26%
FI	A	0.26%
GEV	B	0.22%
VRTX	F	0.2%
KVUE	A	0.2%
CL	D	0.2%
COR	B	0.19%
BKR	B	0.19%
F	C	0.19%
GEHC	F	0.17%
CEG	D	0.17%
CBRE	B	0.17%
CTSH	B	0.17%
GLW	B	0.16%
BX	A	0.16%
RMD	C	0.15%
OXY	D	0.15%
FCX	D	0.14%
AJG	B	0.14%
WTW	B	0.14%
VICI	C	0.14%
ABNB	C	0.13%
CNC	D	0.13%
TROW	B	0.12%
HPE	B	0.12%
PAYX	C	0.12%
KHC	F	0.12%
PPL	B	0.11%
SW	A	0.11%
VLTO	D	0.11%
EQT	B	0.11%
AMP	A	0.11%
WBD	C	0.1%
AME	A	0.1%
FAST	B	0.1%
HWM	A	0.09%
EXE	B	0.09%
IP	B	0.09%
ZBRA	B	0.09%
MSCI	C	0.09%
WDC	D	0.09%
YUM	B	0.09%
FE	C	0.09%
FSLR	F	0.09%
IQV	D	0.09%
TER	D	0.08%
CSGP	D	0.08%
J	F	0.08%
HOLX	D	0.08%
WRB	A	0.08%
NRG	B	0.08%
BALL	D	0.08%
GRMN	B	0.07%
IDXX	F	0.07%
COHR	B	0.07%
THC	D	0.07%
EG	C	0.07%
MNST	C	0.07%
ON	D	0.07%
PCAR	B	0.07%
MTD	D	0.07%
USFD	A	0.07%
GEN	B	0.07%
IRM	D	0.07%
DOCU	A	0.07%
JKHY	D	0.06%
ANSS	B	0.06%
GWW	B	0.06%
MRNA	F	0.06%
TPR	B	0.06%
PFGC	B	0.06%
CDW	F	0.06%
NDSN	B	0.06%
SBAC	D	0.06%
FFIV	B	0.06%
WAT	B	0.06%
RVTY	F	0.06%
MCHP	F	0.06%
JBHT	C	0.06%
TTWO	A	0.06%
GME	C	0.05%
AA	B	0.05%
EXPD	D	0.05%
CTLT	B	0.05%
NWSA	B	0.05%
TAP	C	0.05%
TECH	D	0.05%
PODD	C	0.05%
BJ	A	0.05%
DXCM	D	0.05%
RRX	B	0.05%
COO	D	0.05%
ALB	C	0.05%
STX	D	0.05%
KMX	B	0.05%
INCY	C	0.05%
JLL	D	0.05%
SNV	B	0.04%
MTCH	D	0.04%
X	C	0.04%
SSB	B	0.04%
AVTR	F	0.04%
EPAM	C	0.04%
SFM	A	0.04%
HSIC	B	0.04%
MTZ	B	0.04%
GPK	C	0.04%
TPL	A	0.04%
FLR	B	0.04%
AR	B	0.04%
ORI	A	0.04%
TFX	F	0.04%
XPO	B	0.04%
DPZ	C	0.04%
KNX	B	0.04%
GMED	A	0.04%
PTC	A	0.04%
WCC	B	0.04%
UTHR	C	0.04%
SOLV	C	0.04%
IR	B	0.04%
NLY	C	0.04%
ALLY	C	0.04%
LAD	A	0.04%
FDS	B	0.04%
MKTX	D	0.04%
CRL	C	0.04%
ARMK	B	0.04%
LKQ	D	0.04%
THO	B	0.03%
FOX	A	0.03%
JHG	A	0.03%
FNB	A	0.03%
PVH	C	0.03%
LITE	B	0.03%
POOL	C	0.03%
CIEN	B	0.03%
SCI	B	0.03%
ESNT	D	0.03%
ULTA	F	0.03%
STWD	C	0.03%
PAYC	B	0.03%
GBCI	B	0.03%
CTRA	B	0.03%
DAR	C	0.03%
COLB	A	0.03%
KD	B	0.03%
EWBC	A	0.03%
BIO	D	0.03%
PARA	C	0.03%
CACI	D	0.03%
BURL	A	0.03%
CMC	B	0.03%
DINO	D	0.03%
VMI	B	0.03%
CCL	B	0.03%
ALGN	F	0.03%
ONB	B	0.03%
AKAM	D	0.03%
TMHC	B	0.03%
CF	B	0.03%
MOH	F	0.03%
G	B	0.03%
FYBR	D	0.03%
ACM	B	0.03%
IBKR	A	0.03%
IVZ	B	0.03%
PB	A	0.03%
ROL	B	0.03%
CYTK	F	0.02%
CNM	D	0.02%
CZR	F	0.02%
PII	D	0.02%
GATX	A	0.02%
DTM	B	0.02%
FR	D	0.02%
NWS	A	0.02%
PRGO	B	0.02%
MIDD	C	0.02%
ALE	A	0.02%
MAT	D	0.02%
ASH	D	0.02%
IDA	A	0.02%
CGNX	C	0.02%
HOG	D	0.02%
MKSI	C	0.02%
LW	C	0.02%
SR	A	0.02%
DCI	B	0.02%
MTG	C	0.02%
HQY	B	0.02%
ASB	B	0.02%
SEIC	B	0.02%
ASGN	F	0.02%
TXNM	A	0.02%
TCBI	B	0.02%
ORA	B	0.02%
ERIE	D	0.02%
SAIC	F	0.02%
SLGN	A	0.02%
KBR	F	0.02%
TTC	D	0.02%
RGLD	C	0.02%
M	D	0.02%
GNRC	B	0.02%
BRBR	A	0.02%
TKO	B	0.02%
JAZZ	B	0.02%
AVNT	B	0.02%
CUZ	B	0.02%
IRT	A	0.02%
LAMR	D	0.02%
ATR	B	0.02%
VLY	B	0.02%
ELS	C	0.02%
POR	C	0.02%
NJR	A	0.02%
CW	B	0.02%
ST	F	0.02%
WAL	B	0.02%
GAP	B	0.02%
BDC	B	0.02%
CBSH	A	0.02%
UGI	A	0.02%
NXST	C	0.02%
POST	C	0.02%
CFR	B	0.02%
DAY	B	0.02%
UMBF	B	0.02%
ENPH	F	0.02%
DKS	C	0.02%
BMRN	D	0.02%
UBSI	B	0.02%
CLF	F	0.02%
EHC	B	0.02%
PNFP	B	0.02%
CG	A	0.02%
FBIN	D	0.02%
HOMB	A	0.02%
AGCO	D	0.02%
CCK	C	0.02%
UA	B	0.01%
HGV	B	0.01%
TNL	A	0.01%
IPGP	D	0.01%
YETI	C	0.01%
CPRI	F	0.01%
MMS	F	0.01%
PSN	D	0.01%
NSP	D	0.01%
BLKB	B	0.01%
VC	D	0.01%
WEN	D	0.01%
NSA	D	0.01%
COLM	B	0.01%
KNF	A	0.01%
TEX	D	0.01%
SAM	C	0.01%
GEF	A	0.01%
AMED	F	0.01%
SYNA	C	0.01%
POWI	D	0.01%
OPCH	D	0.01%
LIVN	F	0.01%
MSM	C	0.01%
HAE	C	0.01%
VSH	D	0.01%
IRDM	D	0.01%
UAA	C	0.01%
DLB	B	0.01%
CNXC	F	0.01%
VNOM	A	0.01%
CADE	B	0.01%
LFUS	F	0.01%
LANC	C	0.01%
ROIV	C	0.01%
CRI	D	0.01%
CHX	C	0.01%
PPC	C	0.01%
ALGM	D	0.01%
SRPT	D	0.01%
EEFT	B	0.01%
CDP	C	0.01%
ALTM	C	0.01%
SMG	D	0.01%
LSTR	D	0.01%
ZI	D	0.01%
AM	A	0.01%
JWN	C	0.01%
IBOC	A	0.01%
ENS	D	0.01%
RCM	F	0.01%
MTN	C	0.01%
CRUS	D	0.01%
EXPO	D	0.01%
BRKR	D	0.01%
HWC	B	0.01%
NOVT	D	0.01%
LPX	B	0.01%
GNTX	C	0.01%
HXL	D	0.01%
ENOV	C	0.01%
RLI	B	0.01%
OZK	B	0.01%
CHWY	B	0.01%
GT	C	0.01%
WH	B	0.01%
MASI	A	0.01%
MUR	D	0.01%
SIGI	C	0.01%
RH	B	0.01%
MGM	D	0.01%
MTSI	B	0.01%
CXT	B	0.01%
KBH	D	0.01%
CC	C	0.01%
NEOG	F	0.01%
ALV	C	0.01%
AMKR	D	0.01%
OLN	D	0.01%
PCH	D	0.01%
VAC	B	0.01%
MAN	D	0.01%
PBF	D	0.01%
CVLT	B	0.01%
SLM	A	0.01%
PAG	B	0.01%
FFIN	B	0.01%
EVR	B	0.01%
GHC	C	0.01%
EXLS	B	0.01%
AZPN	A	0.01%
EGP	F	0.01%
DVA	B	0.01%
DOCS	C	0.01%
FLG	C	0.01%
STAG	F	0.01%
AMTM	D	0.01%
CHE	D	0.01%
AOS	F	0.01%
NWE	A	0.01%
NVST	B	0.01%
FHI	A	0.01%
MAGN	F	0.0%
AZTA	D	0.0%
WMG	C	0.0%

IUSV Underweight 112 Positions Relative to VCIT

Symbol	Grade	Weight
DT	C	-0.28%
MSFT	F	-0.23%
WIT	A	-0.15%
AMZN	C	-0.09%
NOW	A	-0.07%
DB	D	-0.07%
CRM	B	-0.07%
BABA	D	-0.07%
KOF	F	-0.06%
NVDA	C	-0.06%
BMO	A	-0.05%
ARCC	A	-0.05%
TD	F	-0.05%
NVR	D	-0.05%
ADBE	C	-0.05%
EXPE	B	-0.05%
AZN	D	-0.05%
NWG	C	-0.05%
AGR	B	-0.04%
URI	B	-0.04%
KLAC	D	-0.04%
EXP	A	-0.04%
PAA	B	-0.04%
LRCX	F	-0.04%
FANG	D	-0.04%
AER	B	-0.04%
AMAT	F	-0.04%
MPLX	A	-0.04%
ET	A	-0.04%
GOOGL	C	-0.04%
GSK	F	-0.04%
VOD	F	-0.04%
LLY	F	-0.03%
MRVL	B	-0.03%
HRB	D	-0.03%
KSS	F	-0.03%
BNS	A	-0.03%
HP	B	-0.03%
JD	D	-0.03%
DXC	B	-0.03%
DOX	D	-0.03%
CMA	A	-0.03%
AGO	B	-0.03%
ACGL	D	-0.03%
AAT	B	-0.03%
BDN	C	-0.03%
WB	D	-0.03%
VNT	B	-0.03%
PHM	D	-0.03%
SCS	C	-0.03%
CSL	C	-0.03%
VFC	C	-0.03%
FLEX	A	-0.03%
BKNG	A	-0.03%
EPD	A	-0.03%
MUFG	B	-0.03%
TME	D	-0.02%
SKT	B	-0.02%
SITC	D	-0.02%
RS	B	-0.02%
ROST	C	-0.02%
SAFE	D	-0.02%
BKU	A	-0.02%
CE	F	-0.02%
NVT	B	-0.02%
EPRT	B	-0.02%
DHI	D	-0.02%
FTNT	C	-0.02%
NHI	D	-0.02%
DSS	F	-0.02%
FSK	A	-0.02%
LII	A	-0.02%
MCY	A	-0.02%
PDM	D	-0.02%
OC	A	-0.02%
LEG	F	-0.02%
LAZ	B	-0.02%
PRE	D	-0.02%
LNC	B	-0.02%
INTU	C	-0.02%
H	B	-0.02%
CP	D	-0.02%
HUN	F	-0.02%
BIDU	F	-0.02%
ESGR	B	-0.02%
RPRX	D	-0.02%
HES	B	-0.02%
ORCL	B	-0.02%
GBDC	C	-0.01%
SAVE	D	-0.01%
OCSL	F	-0.01%
GOOG	C	-0.01%
PSEC	D	-0.01%
NEU	C	-0.01%
KMT	B	-0.01%
WLK	D	-0.01%
LXP	D	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
HPP	F	-0.01%
GP	F	-0.01%
HIW	D	-0.01%
AXS	A	-0.01%
CNA	B	-0.01%
AAP	C	-0.01%
SUI	D	-0.01%
AL	B	-0.01%
WEST	C	-0.01%
MAR	B	-0.01%
AAPL	C	-0.01%
HSBC	B	-0.01%
AVGO	D	-0.01%