IYY vs. VCSH ETF Comparison

Comparison of iShares Dow Jones U.S. ETF (IYY) to Vanguard Short-Term Corporate Bond ETF (VCSH)

IYY

iShares Dow Jones U.S. ETF

IYY Description

The investment seeks to track the investment results of a broad-based index composed of 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. It seeks to track the investment results of the Dow Jones U.S. Index (the "underlying index"), which measures the performance of the broad U.S. equity market. The underlying index is comprised of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.

Grade (RS Rating)

Last Trade

$139.24

Average Daily Volume

35,464

Number of Holdings ^*

1021

* may have additional holdings in another (foreign) market

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate 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 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 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$78.05

Average Daily Volume

2,913,223

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	IYY	VCSH
30 Days	0.62%	-1.18%
60 Days	1.77%	-0.08%
90 Days	7.72%	0.44%
12 Months	34.44%	8.01%

392 Overlapping Holdings

Symbol	Grade	Weight in IYY	Weight in VCSH	Overlap
A	D	0.07%	0.02%	0.02%
AAPL	C	6.49%	0.03%	0.03%
ABBV	A	0.62%	0.02%	0.02%
ABT	A	0.38%	0.02%	0.02%
ADBE	F	0.4%	0.03%	0.03%
ADI	C	0.21%	0.02%	0.02%
ADM	F	0.05%	0.05%	0.05%
ADP	A	0.22%	0.05%	0.05%
ADSK	B	0.11%	0.01%	0.01%
AEE	B	0.04%	0.01%	0.01%
AEP	D	0.1%	0.01%	0.01%
AES	F	0.02%	0.02%	0.02%
AFG	D	0.02%	0.02%	0.02%
AFL	D	0.1%	0.02%	0.02%
AGR	C	0.0%	0.03%	0.0%
AIG	B	0.09%	0.06%	0.06%
AIZ	D	0.02%	0.02%	0.02%
AL	B	0.01%	0.02%	0.01%
ALB	C	0.02%	0.02%	0.02%
ALL	C	0.09%	0.01%	0.01%
ALLE	C	0.02%	0.02%	0.02%
ALLY	F	0.02%	0.01%	0.01%
AMAT	F	0.28%	0.03%	0.03%
AMD	F	0.46%	0.01%	0.01%
AMG	A	0.01%	0.01%	0.01%
AMGN	C	0.31%	0.01%	0.01%
AMP	B	0.09%	0.01%	0.01%
AMT	D	0.2%	0.01%	0.01%
AMZN	A	3.22%	0.04%	0.04%
AN	F	0.01%	0.02%	0.01%
AON	A	0.14%	0.01%	0.01%
APD	B	0.13%	0.01%	0.01%
APH	B	0.16%	0.02%	0.02%
APTV	F	0.03%	0.03%	0.03%
ARE	F	0.03%	0.01%	0.01%
ARW	D	0.01%	0.01%	0.01%
ATO	B	0.04%	0.03%	0.03%
AVB	C	0.06%	0.01%	0.01%
AVGO	B	1.48%	0.01%	0.01%
AVT	B	0.01%	0.01%	0.01%
AWK	D	0.05%	0.01%	0.01%
AXP	A	0.28%	0.03%	0.03%
AZO	D	0.1%	0.01%	0.01%
BA	F	0.17%	0.01%	0.01%
BAC	B	0.53%	0.01%	0.01%
BAX	F	0.03%	0.03%	0.03%
BC	C	0.01%	0.02%	0.01%
BDX	C	0.13%	0.02%	0.02%
BEN	B	0.01%	0.02%	0.01%
BERY	A	0.01%	0.03%	0.01%
BG	F	0.02%	0.03%	0.02%
BIIB	F	0.05%	0.08%	0.05%
BK	B	0.1%	0.01%	0.01%
BKH	D	0.01%	0.02%	0.01%
BKNG	A	0.27%	0.02%	0.02%
BLK	B	0.25%	0.05%	0.05%
BMY	A	0.2%	0.02%	0.02%
BR	C	0.05%	0.02%	0.02%
BRO	B	0.05%	0.02%	0.02%
BRX	C	0.02%	0.02%	0.02%
BSX	C	0.23%	0.01%	0.01%
BWA	D	0.01%	0.02%	0.01%
BXP	C	0.02%	0.03%	0.02%
C	A	0.22%	0.02%	0.02%
CACC	F	0.01%	0.01%	0.01%
CAG	D	0.03%	0.01%	0.01%
CAH	B	0.05%	0.02%	0.02%
CARR	D	0.11%	0.09%	0.09%
CAT	B	0.35%	0.02%	0.02%
CB	C	0.2%	0.03%	0.03%
CCI	D	0.09%	0.02%	0.02%
CDNS	C	0.13%	0.02%	0.02%
CE	F	0.03%	0.02%	0.02%
CF	B	0.03%	0.02%	0.02%
CFG	A	0.03%	0.01%	0.01%
CHD	B	0.05%	0.01%	0.01%
CHTR	B	0.06%	0.07%	0.06%
CI	D	0.16%	0.01%	0.01%
CL	F	0.15%	0.01%	0.01%
CLX	B	0.04%	0.01%	0.01%
CMA	A	0.01%	0.01%	0.01%
CMCSA	A	0.3%	0.03%	0.03%
CME	B	0.15%	0.03%	0.03%
CMI	B	0.08%	0.02%	0.02%
CMS	C	0.04%	0.01%	0.01%
CNA	D	0.0%	0.02%	0.0%
CNH	A	0.02%	0.02%	0.02%
CNP	C	0.04%	0.01%	0.01%
COF	A	0.11%	0.01%	0.01%
COKE	D	0.01%	0.02%	0.01%
COP	D	0.22%	0.01%	0.01%
COST	D	0.73%	0.06%	0.06%
CPB	D	0.02%	0.02%	0.02%
CPT	D	0.02%	0.02%	0.02%
CRM	A	0.51%	0.05%	0.05%
CSCO	B	0.42%	0.02%	0.02%
CSL	C	0.04%	0.01%	0.01%
CSX	F	0.12%	0.02%	0.02%
CTVA	A	0.08%	0.02%	0.02%
CUBE	D	0.02%	0.01%	0.01%
CVS	F	0.13%	0.02%	0.02%
CVX	A	0.47%	0.02%	0.02%
D	B	0.09%	0.01%	0.01%
DAL	A	0.06%	0.01%	0.01%
DD	D	0.06%	0.08%	0.06%
DE	B	0.19%	0.01%	0.01%
DELL	A	0.06%	0.01%	0.01%
DFS	A	0.07%	0.01%	0.01%
DG	F	0.03%	0.01%	0.01%
DGX	B	0.03%	0.02%	0.02%
DHI	D	0.1%	0.01%	0.01%
DHR	D	0.3%	0.02%	0.02%
DIS	C	0.32%	0.03%	0.03%
DLR	A	0.09%	0.03%	0.03%
DLTR	F	0.03%	0.05%	0.03%
DOC	C	0.03%	0.02%	0.02%
DOV	B	0.05%	0.02%	0.02%
DOW	F	0.07%	0.01%	0.01%
DTE	C	0.05%	0.01%	0.01%
DUK	C	0.17%	0.01%	0.01%
DVN	F	0.05%	0.02%	0.02%
DXC	D	0.01%	0.03%	0.01%
EA	A	0.06%	0.02%	0.02%
EBAY	D	0.06%	0.03%	0.03%
ED	C	0.07%	0.01%	0.01%
EFX	D	0.06%	0.02%	0.02%
EIX	D	0.06%	0.01%	0.01%
EL	F	0.04%	0.03%	0.03%
EMN	C	0.02%	0.03%	0.02%
EMR	B	0.11%	0.01%	0.01%
EOG	D	0.13%	0.02%	0.02%
EQH	B	0.03%	0.02%	0.02%
EQIX	B	0.16%	0.02%	0.02%
EQR	D	0.05%	0.02%	0.02%
ES	D	0.04%	0.01%	0.01%
ESS	D	0.04%	0.01%	0.01%
ETN	B	0.26%	0.07%	0.07%
ETR	A	0.05%	0.01%	0.01%
EVRG	C	0.03%	0.01%	0.01%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.02%	0.02%
FAF	D	0.01%	0.01%	0.01%
FANG	F	0.06%	0.02%	0.02%
FDX	C	0.11%	0.03%	0.03%
FE	D	0.04%	0.01%	0.01%
FHN	B	0.02%	0.01%	0.01%
FIS	B	0.09%	0.03%	0.03%
FITB	B	0.06%	0.03%	0.03%
FLEX	A	0.03%	0.02%	0.02%
FLS	A	0.01%	0.01%	0.01%
FMC	B	0.01%	0.01%	0.01%
FNB	A	0.01%	0.01%	0.01%
FOXA	B	0.02%	0.04%	0.02%
FRT	D	0.02%	0.02%	0.02%
FTNT	B	0.09%	0.02%	0.02%
FTV	F	0.05%	0.04%	0.04%
G	C	0.01%	0.01%	0.01%
GD	C	0.14%	0.02%	0.02%
GE	D	0.36%	0.01%	0.01%
GILD	A	0.2%	0.04%	0.04%
GIS	D	0.07%	0.03%	0.03%
GLPI	D	0.03%	0.03%	0.03%
GM	B	0.11%	0.02%	0.02%
GOOGL	A	1.77%	0.04%	0.04%
GPN	D	0.05%	0.03%	0.03%
GS	B	0.31%	0.01%	0.01%
GWW	A	0.09%	0.02%	0.02%
GXO	B	0.01%	0.02%	0.01%
H	D	0.01%	0.01%	0.01%
HAL	F	0.05%	0.03%	0.03%
HAS	D	0.02%	0.03%	0.02%
HBAN	B	0.04%	0.01%	0.01%
HCA	D	0.14%	0.06%	0.06%
HD	B	0.74%	0.01%	0.01%
HES	B	0.07%	0.01%	0.01%
HII	F	0.02%	0.01%	0.01%
HOG	F	0.01%	0.02%	0.01%
HON	B	0.25%	0.01%	0.01%
HPE	A	0.05%	0.03%	0.03%
HPQ	B	0.07%	0.05%	0.05%
HRB	D	0.02%	0.02%	0.02%
HRL	F	0.02%	0.03%	0.02%
HST	D	0.02%	0.02%	0.02%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.04%	0.01%	0.01%
HUM	F	0.06%	0.02%	0.02%
IBM	C	0.37%	0.02%	0.02%
ICE	C	0.18%	0.02%	0.02%
IFF	D	0.05%	0.01%	0.01%
ILMN	A	0.04%	0.02%	0.02%
INTC	C	0.18%	0.03%	0.03%
INTU	D	0.31%	0.02%	0.02%
IP	A	0.03%	0.02%	0.02%
IPG	F	0.02%	0.01%	0.01%
ITW	A	0.13%	0.04%	0.04%
IVZ	A	0.01%	0.02%	0.01%
JBHT	A	0.03%	0.03%	0.03%
JBL	A	0.03%	0.01%	0.01%
JCI	B	0.1%	0.02%	0.02%
JEF	B	0.02%	0.03%	0.02%
JHG	A	0.01%	0.01%	0.01%
JNJ	D	0.73%	0.02%	0.02%
JNPR	A	0.02%	0.03%	0.02%
JPM	A	1.19%	0.01%	0.01%
K	A	0.04%	0.02%	0.02%
KDP	F	0.07%	0.02%	0.02%
KEY	B	0.03%	0.01%	0.01%
KEYS	C	0.05%	0.02%	0.02%
KIM	B	0.03%	0.01%	0.01%
KLAC	F	0.17%	0.06%	0.06%
KMB	D	0.09%	0.01%	0.01%
KMI	B	0.09%	0.02%	0.02%
KMPR	B	0.01%	0.02%	0.01%
KO	D	0.48%	0.06%	0.06%
KR	A	0.07%	0.02%	0.02%
KRC	B	0.01%	0.01%	0.01%
L	C	0.03%	0.02%	0.02%
LAZ	A	0.01%	0.02%	0.01%
LDOS	A	0.04%	0.02%	0.02%
LEN	D	0.08%	0.01%	0.01%
LEN	D	0.0%	0.01%	0.0%
LH	A	0.04%	0.01%	0.01%
LHX	A	0.09%	0.02%	0.02%
LII	B	0.04%	0.01%	0.01%
LIN	C	0.42%	0.02%	0.02%
LLY	F	1.3%	0.02%	0.02%
LMT	D	0.22%	0.05%	0.05%
LNC	A	0.01%	0.01%	0.01%
LNT	C	0.03%	0.02%	0.02%
LOW	B	0.29%	0.01%	0.01%
LRCX	F	0.18%	0.02%	0.02%
LUV	A	0.03%	0.01%	0.01%
LVS	B	0.03%	0.02%	0.02%
LYB	F	0.04%	0.02%	0.02%
MA	B	0.78%	0.04%	0.04%
MAA	D	0.03%	0.01%	0.01%
MAR	B	0.11%	0.01%	0.01%
MCD	C	0.4%	0.01%	0.01%
MCHP	F	0.08%	0.01%	0.01%
MCK	C	0.12%	0.01%	0.01%
MCO	D	0.13%	0.02%	0.02%
MDLZ	D	0.17%	0.01%	0.01%
MDT	B	0.22%	0.08%	0.08%
MET	C	0.09%	0.02%	0.02%
MHK	D	0.02%	0.03%	0.02%
MKC	C	0.04%	0.02%	0.02%
MLM	A	0.06%	0.01%	0.01%
MMC	D	0.2%	0.01%	0.01%
MMM	D	0.13%	0.01%	0.01%
MO	A	0.16%	0.01%	0.01%
MOS	B	0.02%	0.03%	0.02%
MPC	F	0.1%	0.03%	0.03%
MRK	F	0.5%	0.04%	0.04%
MRVL	A	0.13%	0.02%	0.02%
MS	B	0.27%	0.03%	0.03%
MSFT	D	5.85%	0.04%	0.04%
MSI	B	0.14%	0.03%	0.03%
MTB	B	0.06%	0.02%	0.02%
MU	C	0.22%	0.03%	0.03%
NDAQ	B	0.06%	0.01%	0.01%
NEE	D	0.32%	0.01%	0.01%
NEM	D	0.11%	0.01%	0.01%
NEU	D	0.01%	0.01%	0.01%
NFG	C	0.01%	0.01%	0.01%
NI	B	0.03%	0.05%	0.03%
NKE	F	0.18%	0.02%	0.02%
NNN	D	0.02%	0.02%	0.02%
NOC	D	0.13%	0.05%	0.05%
NSC	B	0.11%	0.01%	0.01%
NTAP	D	0.05%	0.02%	0.02%
NTRS	B	0.04%	0.04%	0.04%
NUE	F	0.06%	0.03%	0.03%
NVDA	B	6.4%	0.02%	0.02%
NVT	D	0.02%	0.01%	0.01%
NXPI	C	0.11%	0.02%	0.02%
O	D	0.1%	0.01%	0.01%
OC	B	0.03%	0.01%	0.01%
OGS	C	0.01%	0.01%	0.01%
OHI	B	0.02%	0.02%	0.02%
OKE	B	0.11%	0.02%	0.02%
OMC	B	0.04%	0.06%	0.04%
ORCL	B	0.52%	0.05%	0.05%
ORI	D	0.02%	0.02%	0.02%
ORLY	C	0.13%	0.01%	0.01%
OTIS	B	0.08%	0.07%	0.07%
PCAR	C	0.1%	0.01%	0.01%
PCG	B	0.08%	0.01%	0.01%
PEG	B	0.08%	0.01%	0.01%
PEP	D	0.44%	0.02%	0.02%
PFE	D	0.3%	0.03%	0.03%
PFG	C	0.04%	0.01%	0.01%
PG	D	0.74%	0.01%	0.01%
PH	A	0.15%	0.02%	0.02%
PHM	D	0.05%	0.03%	0.03%
PKG	A	0.04%	0.01%	0.01%
PM	A	0.38%	0.02%	0.02%
PNC	B	0.14%	0.02%	0.02%
PNW	D	0.02%	0.01%	0.01%
PPG	F	0.05%	0.01%	0.01%
PPL	C	0.04%	0.01%	0.01%
PRU	B	0.08%	0.03%	0.03%
PSA	D	0.1%	0.02%	0.02%
PSX	F	0.1%	0.01%	0.01%
PVH	C	0.01%	0.03%	0.01%
PYPL	B	0.15%	0.03%	0.03%
QCOM	D	0.35%	0.04%	0.04%
RF	B	0.04%	0.04%	0.04%
RGA	C	0.03%	0.01%	0.01%
RL	B	0.01%	0.02%	0.01%
RNR	C	0.03%	0.01%	0.01%
ROK	B	0.06%	0.01%	0.01%
ROP	D	0.11%	0.01%	0.01%
ROST	F	0.09%	0.02%	0.02%
RPM	B	0.03%	0.01%	0.01%
RPRX	F	0.02%	0.04%	0.02%
RS	C	0.03%	0.01%	0.01%
RSG	D	0.08%	0.01%	0.01%
RTX	C	0.31%	0.02%	0.02%
SBRA	B	0.01%	0.02%	0.01%
SBUX	A	0.2%	0.02%	0.02%
SCHW	B	0.2%	0.01%	0.01%
SF	A	0.02%	0.02%	0.02%
SHW	D	0.16%	0.02%	0.02%
SLB	F	0.11%	0.02%	0.02%
SNV	B	0.01%	0.01%	0.01%
SNX	C	0.02%	0.03%	0.02%
SO	C	0.19%	0.01%	0.01%
SPG	C	0.1%	0.02%	0.02%
SPGI	D	0.29%	0.03%	0.03%
SRE	C	0.1%	0.01%	0.01%
STLD	A	0.03%	0.02%	0.02%
STT	A	0.05%	0.03%	0.03%
STZ	F	0.07%	0.02%	0.02%
SWK	D	0.03%	0.03%	0.03%
SWKS	F	0.03%	0.03%	0.03%
SYF	B	0.04%	0.03%	0.03%
SYK	A	0.23%	0.01%	0.01%
SYY	D	0.07%	0.03%	0.03%
T	A	0.29%	0.01%	0.01%
TAP	D	0.02%	0.1%	0.02%
TDY	B	0.04%	0.02%	0.02%
TEL	A	0.08%	0.01%	0.01%
TFC	C	0.11%	0.01%	0.01%
TGT	D	0.13%	0.05%	0.05%
THG	B	0.01%	0.02%	0.01%
TJX	D	0.24%	0.04%	0.04%
TKR	C	0.01%	0.01%	0.01%
TMO	D	0.39%	0.01%	0.01%
TMUS	B	0.21%	0.04%	0.04%
TRMB	A	0.03%	0.01%	0.01%
TSN	D	0.03%	0.01%	0.01%
TT	C	0.16%	0.02%	0.02%
TXN	A	0.35%	0.01%	0.01%
TXT	F	0.03%	0.01%	0.01%
UAL	A	0.05%	0.01%	0.01%
UDR	D	0.02%	0.01%	0.01%
UHS	D	0.03%	0.01%	0.01%
UNH	C	0.96%	0.01%	0.01%
UNM	A	0.02%	0.02%	0.02%
UNP	D	0.26%	0.01%	0.01%
UPS	C	0.19%	0.02%	0.02%
USB	B	0.14%	0.02%	0.02%
V	A	0.88%	0.13%	0.13%
VFC	A	0.01%	0.04%	0.01%
VLO	F	0.08%	0.03%	0.03%
VLY	A	0.01%	0.01%	0.01%
VMC	A	0.06%	0.01%	0.01%
VNO	B	0.01%	0.02%	0.01%
VNT	B	0.01%	0.02%	0.01%
VOYA	B	0.02%	0.02%	0.02%
VRSK	B	0.07%	0.05%	0.05%
VTR	B	0.05%	0.02%	0.02%
VTRS	A	0.03%	0.03%	0.03%
VZ	D	0.33%	0.06%	0.06%
WAB	B	0.06%	0.03%	0.03%
WAL	C	0.02%	0.03%	0.02%
WBA	C	0.01%	0.06%	0.01%
WEC	B	0.06%	0.02%	0.02%
WELL	A	0.14%	0.01%	0.01%
WFC	B	0.41%	0.01%	0.01%
WHR	B	0.01%	0.01%	0.01%
WLK	F	0.01%	0.04%	0.01%
WM	A	0.14%	0.02%	0.02%
WMB	B	0.12%	0.03%	0.03%
WMT	A	0.67%	0.02%	0.02%
WPC	F	0.02%	0.02%	0.02%
WU	F	0.01%	0.01%	0.01%
WY	F	0.04%	0.01%	0.01%
XEL	A	0.07%	0.01%	0.01%
XOM	C	0.98%	0.02%	0.02%
ZBH	C	0.04%	0.02%	0.02%
ZTS	D	0.15%	0.04%	0.04%

IYY Overweight 629 Positions Relative to VCSH

Symbol	Grade	Weight
META	B	2.3%
BRK.A	D	1.55%
GOOG	A	1.46%
TSLA	A	1.34%
NFLX	B	0.6%
ACN	C	0.42%
NOW	A	0.36%
ISRG	B	0.34%
UBER	C	0.31%
PGR	D	0.27%
VRTX	D	0.23%
BX	B	0.23%
FI	A	0.22%
PANW	B	0.22%
PLD	F	0.21%
ANET	B	0.19%
KKR	B	0.18%
ELV	F	0.18%
REGN	F	0.18%
PLTR	B	0.16%
GEV	A	0.15%
CMG	B	0.15%
CEG	B	0.15%
TDG	C	0.14%
SNPS	B	0.14%
CRWD	C	0.13%
CTAS	B	0.13%
CRH	A	0.12%
AJG	D	0.12%
ECL	C	0.12%
APO	B	0.12%
FCX	D	0.12%
HLT	A	0.11%
ABNB	B	0.11%
TRV	B	0.11%
TTD	B	0.1%
URI	B	0.1%
MSCI	C	0.09%
RCL	B	0.09%
FICO	B	0.09%
WDAY	F	0.09%
DASH	A	0.09%
GEHC	D	0.08%
COR	A	0.08%
HWM	B	0.08%
MSTR	B	0.08%
VRT	B	0.08%
LNG	A	0.08%
EW	D	0.08%
COIN	C	0.08%
FAST	A	0.08%
VST	B	0.08%
F	D	0.08%
KVUE	B	0.08%
MPWR	F	0.08%
CPRT	D	0.08%
PAYX	B	0.08%
PWR	B	0.08%
HIG	D	0.07%
EXR	D	0.07%
ODFL	A	0.07%
GLW	A	0.07%
BKR	A	0.07%
IQV	F	0.07%
IRM	B	0.07%
TRGP	A	0.07%
CTSH	D	0.07%
IDXX	F	0.07%
ALNY	C	0.07%
YUM	D	0.07%
MNST	C	0.07%
SNOW	C	0.07%
DDOG	B	0.07%
AME	A	0.07%
IR	C	0.07%
ACGL	F	0.07%
IT	C	0.07%
FERG	D	0.07%
FLUT	A	0.07%
SQ	B	0.07%
CBRE	A	0.07%
TSCO	D	0.06%
ON	D	0.06%
DXCM	C	0.06%
CSGP	F	0.06%
TEAM	A	0.06%
KHC	D	0.06%
VEEV	B	0.06%
ARES	B	0.06%
AXON	B	0.06%
XYL	F	0.06%
CNC	D	0.06%
APP	B	0.06%
VICI	D	0.06%
OXY	F	0.06%
LULU	C	0.06%
RMD	A	0.06%
TROW	A	0.05%
GRMN	A	0.05%
TTWO	A	0.05%
TYL	A	0.05%
VLTO	D	0.05%
SBAC	D	0.05%
RJF	A	0.05%
NET	B	0.05%
MTD	D	0.05%
ANSS	C	0.05%
HUBS	B	0.05%
CDW	F	0.05%
NVR	D	0.05%
WTW	A	0.05%
MOH	D	0.04%
PINS	B	0.04%
MDB	F	0.04%
WAT	A	0.04%
DRI	C	0.04%
ZM	A	0.04%
HOOD	B	0.04%
LPLA	A	0.04%
BALL	F	0.04%
INVH	F	0.04%
TPL	A	0.04%
TRU	C	0.04%
MKL	D	0.04%
EME	A	0.04%
FSLR	C	0.04%
CCL	A	0.04%
BLDR	F	0.04%
COO	D	0.04%
BAH	A	0.04%
EQT	C	0.04%
CINF	B	0.04%
WDC	C	0.04%
STX	D	0.04%
RBLX	A	0.04%
PTC	B	0.04%
FCNCA	C	0.04%
CBOE	B	0.04%
STE	D	0.04%
SW	A	0.04%
GDDY	A	0.04%
CVNA	A	0.04%
DECK	B	0.04%
SMCI	F	0.04%
WST	B	0.04%
CPAY	B	0.04%
JKHY	A	0.03%
EWBC	A	0.03%
GGG	D	0.03%
ACM	A	0.03%
RVTY	C	0.03%
POOL	B	0.03%
CASY	A	0.03%
HEI	D	0.03%
GEN	A	0.03%
THC	C	0.03%
DOCU	A	0.03%
DPZ	B	0.03%
FTAI	A	0.03%
FIX	B	0.03%
NTRA	B	0.03%
MRO	C	0.03%
COHR	B	0.03%
USFD	B	0.03%
FNF	C	0.03%
ALGN	F	0.03%
TOL	C	0.03%
GWRE	B	0.03%
NTNX	B	0.03%
IEX	A	0.03%
VRSN	F	0.03%
TW	B	0.03%
ENTG	D	0.03%
AKAM	D	0.03%
UTHR	A	0.03%
GPC	F	0.03%
IBKR	A	0.03%
AMCR	D	0.03%
BURL	D	0.03%
AVTR	F	0.03%
DT	B	0.03%
SUI	D	0.03%
SSNC	D	0.03%
PSTG	D	0.03%
PODD	A	0.03%
WBD	C	0.03%
AVY	D	0.03%
WSO	D	0.03%
MANH	D	0.03%
PNR	B	0.03%
EXPD	D	0.03%
ZS	C	0.03%
EG	F	0.03%
ULTA	C	0.03%
SNA	A	0.03%
DKNG	F	0.03%
FWONK	A	0.03%
FDS	B	0.03%
CTRA	F	0.03%
WSM	F	0.03%
MRNA	F	0.03%
J	D	0.03%
EXE	B	0.03%
WRB	C	0.03%
MAS	D	0.03%
TER	F	0.03%
LYV	A	0.03%
BBY	D	0.03%
ZBRA	A	0.03%
HOLX	A	0.03%
NRG	B	0.03%
CFR	B	0.02%
OGE	C	0.02%
AR	F	0.02%
PEN	A	0.02%
APG	B	0.02%
PAYC	A	0.02%
LNW	D	0.02%
TPX	F	0.02%
SKX	D	0.02%
MEDP	F	0.02%
KNX	A	0.02%
ENSG	A	0.02%
AAL	A	0.02%
DTM	A	0.02%
RBC	D	0.02%
GMED	A	0.02%
OLED	F	0.02%
TTC	F	0.02%
EGP	D	0.02%
X	C	0.02%
MUSA	C	0.02%
MORN	B	0.02%
CNM	D	0.02%
FN	B	0.02%
AYI	A	0.02%
DCI	B	0.02%
NYT	A	0.02%
APA	F	0.02%
ALSN	A	0.02%
PR	F	0.02%
HLI	A	0.02%
FLR	B	0.02%
Z	D	0.02%
INGR	C	0.02%
CHE	F	0.02%
WBS	B	0.02%
AOS	F	0.02%
AIT	A	0.02%
GPK	D	0.02%
LAD	A	0.02%
KBR	B	0.02%
LBRDK	A	0.02%
HSIC	D	0.02%
MGM	D	0.02%
MLI	A	0.02%
CIEN	B	0.02%
CRL	F	0.02%
EVR	A	0.02%
IOT	C	0.02%
WWD	D	0.02%
CZR	D	0.02%
GL	C	0.02%
WYNN	B	0.02%
MTCH	C	0.02%
EHC	A	0.02%
EXP	B	0.02%
ROKU	D	0.02%
QRVO	F	0.02%
NLY	D	0.02%
PRI	B	0.02%
WTRG	C	0.02%
REXR	F	0.02%
RGLD	B	0.02%
GNRC	A	0.02%
HEI	D	0.02%
NCLH	A	0.02%
ARMK	B	0.02%
ONTO	F	0.02%
NWSA	A	0.02%
LKQ	F	0.02%
OVV	F	0.02%
KNSL	F	0.02%
AFRM	A	0.02%
SOLV	B	0.02%
DAY	A	0.02%
DOX	B	0.02%
CHDN	B	0.02%
AA	B	0.02%
INCY	A	0.02%
WMS	F	0.02%
TPR	A	0.02%
WING	F	0.02%
DUOL	A	0.02%
CG	B	0.02%
FBIN	C	0.02%
SNAP	B	0.02%
CTLT	D	0.02%
MKTX	B	0.02%
TFX	F	0.02%
TECH	B	0.02%
EPAM	F	0.02%
SCI	A	0.02%
ENPH	F	0.02%
BLD	F	0.02%
LW	B	0.02%
FTI	B	0.02%
CAVA	B	0.02%
SAIA	A	0.02%
LECO	B	0.02%
FND	D	0.02%
ATR	A	0.02%
RRX	A	0.02%
ERIE	D	0.02%
BWXT	B	0.02%
CCK	B	0.02%
TWLO	A	0.02%
KMX	F	0.02%
BJ	A	0.02%
ITT	C	0.02%
SOFI	A	0.02%
OKTA	D	0.02%
TXRH	A	0.02%
NBIX	C	0.02%
REG	D	0.02%
LAMR	B	0.02%
DKS	F	0.02%
CACI	A	0.02%
OWL	B	0.02%
SFM	A	0.02%
AMH	F	0.02%
TOST	A	0.02%
INSM	D	0.02%
CHRW	C	0.02%
SJM	F	0.02%
PFGC	B	0.02%
PCVX	C	0.02%
FFIV	A	0.02%
EXAS	A	0.02%
SRPT	D	0.02%
CLH	C	0.02%
JLL	B	0.02%
ELS	D	0.02%
ROL	D	0.02%
TTEK	B	0.02%
XPO	A	0.02%
CW	B	0.02%
BMRN	F	0.02%
NDSN	D	0.02%
CLVT	D	0.01%
CC	F	0.01%
ZG	D	0.01%
LCID	F	0.01%
PCH	F	0.01%
AMKR	F	0.01%
TNET	F	0.01%
COTY	F	0.01%
APLS	F	0.01%
ACLS	F	0.01%
CHH	A	0.01%
RUN	C	0.01%
PAG	F	0.01%
NSP	F	0.01%
RIG	D	0.01%
MAN	F	0.01%
YETI	F	0.01%
ULS	B	0.01%
ZI	C	0.01%
WEN	A	0.01%
ALIT	F	0.01%
NWS	A	0.01%
GFS	F	0.01%
DNB	B	0.01%
DNLI	C	0.01%
ALGM	F	0.01%
BLKB	D	0.01%
LBTYK	A	0.01%
PRGO	D	0.01%
POWI	C	0.01%
SMG	A	0.01%
NCNO	B	0.01%
HUN	F	0.01%
MSM	D	0.01%
IAC	F	0.01%
LBTYA	B	0.01%
LANC	B	0.01%
SLAB	F	0.01%
IRDM	B	0.01%
WK	C	0.01%
CHWY	D	0.01%
ALE	A	0.01%
AMTM	B	0.01%
MSGS	A	0.01%
HAE	F	0.01%
PEGA	A	0.01%
GTES	A	0.01%
PII	F	0.01%
LOPE	D	0.01%
SR	D	0.01%
PNM	B	0.01%
FCFS	F	0.01%
ASH	F	0.01%
ENS	F	0.01%
BROS	B	0.01%
W	F	0.01%
CRSP	C	0.01%
SLGN	A	0.01%
ESGR	C	0.01%
APPF	D	0.01%
FLO	F	0.01%
EEFT	F	0.01%
DLB	B	0.01%
RYN	C	0.01%
OGN	D	0.01%
ASGN	F	0.01%
WMG	A	0.01%
NE	F	0.01%
SWX	C	0.01%
ALKS	F	0.01%
LITE	A	0.01%
LINE	F	0.01%
NXT	C	0.01%
WTM	B	0.01%
GAP	D	0.01%
BYD	A	0.01%
UMBF	A	0.01%
RMBS	C	0.01%
NJR	D	0.01%
FFIN	D	0.01%
CUZ	B	0.01%
CCCS	D	0.01%
CELH	F	0.01%
OZK	B	0.01%
CIVI	F	0.01%
MUR	F	0.01%
FOX	A	0.01%
CPRI	F	0.01%
ACHC	F	0.01%
PSN	A	0.01%
XRAY	F	0.01%
HCP	A	0.01%
RDN	F	0.01%
SEE	A	0.01%
LYFT	C	0.01%
SLM	C	0.01%
FIVE	C	0.01%
RARE	D	0.01%
DOCS	A	0.01%
UBSI	A	0.01%
RH	B	0.01%
HOMB	B	0.01%
GTLS	B	0.01%
NXST	A	0.01%
ROIV	D	0.01%
SON	F	0.01%
POR	C	0.01%
IDA	A	0.01%
ZWS	A	0.01%
UGI	D	0.01%
BPMC	C	0.01%
OLN	F	0.01%
ST	F	0.01%
RITM	D	0.01%
VVV	D	0.01%
OPCH	F	0.01%
HXL	F	0.01%
BILL	A	0.01%
CFLT	A	0.01%
GBCI	A	0.01%
EDR	A	0.01%
MMS	D	0.01%
POST	D	0.01%
SIGI	C	0.01%
PATH	C	0.01%
OLLI	C	0.01%
SRCL	A	0.01%
WFRD	F	0.01%
THO	D	0.01%
OMF	A	0.01%
CHX	F	0.01%
ALK	A	0.01%
INSP	D	0.01%
LEA	F	0.01%
ETSY	D	0.01%
SIRI	C	0.01%
MDU	F	0.01%
NOV	F	0.01%
U	C	0.01%
DAR	B	0.01%
CMC	A	0.01%
TPG	B	0.01%
GTLB	A	0.01%
ELF	F	0.01%
DBX	A	0.01%
HALO	B	0.01%
PARA	C	0.01%
MSA	F	0.01%
ESI	A	0.01%
MASI	A	0.01%
CLF	C	0.01%
AZPN	B	0.01%
LFUS	D	0.01%
LSTR	D	0.01%
IONS	F	0.01%
BIO	A	0.01%
MTDR	D	0.01%
AGCO	C	0.01%
ELAN	D	0.01%
FOUR	B	0.01%
MKSI	F	0.01%
RDDT	A	0.01%
AWI	A	0.01%
STWD	D	0.01%
ESTC	D	0.01%
CRUS	F	0.01%
MAT	A	0.01%
VRNS	D	0.01%
BRKR	D	0.01%
MTN	F	0.01%
RLI	B	0.01%
AXS	C	0.01%
SITE	F	0.01%
UHAL	B	0.01%
LPX	D	0.01%
MTG	D	0.01%
CGNX	B	0.01%
JAZZ	D	0.01%
BPOP	F	0.01%
VMI	A	0.01%
PCOR	B	0.01%
HR	D	0.01%
BBWI	F	0.01%
GNTX	B	0.01%
DINO	F	0.01%
ESNT	F	0.01%
PB	B	0.01%
STAG	D	0.01%
PLNT	D	0.01%
RYAN	C	0.01%
OSK	C	0.01%
SPSC	F	0.01%
RGEN	D	0.01%
ALV	F	0.01%
COLD	F	0.01%
SN	C	0.01%
WH	A	0.01%
RHI	C	0.01%
CR	B	0.01%
TREX	B	0.01%
CART	A	0.01%
HLNE	A	0.01%
WSC	F	0.01%
SAIC	A	0.01%
FR	D	0.01%
FCN	F	0.01%
MTZ	A	0.01%
MIDD	F	0.01%
SSB	A	0.01%
SEIC	A	0.01%
KEX	D	0.01%
RIVN	F	0.01%
LSCC	C	0.01%
ITCI	A	0.01%
CBSH	A	0.01%
WEX	F	0.01%
DVA	D	0.01%
S	B	0.01%
SMAR	A	0.01%
PCTY	A	0.01%
WTFC	B	0.01%
BSY	F	0.01%
BFAM	C	0.01%
ACI	C	0.01%
ADC	C	0.01%
TKO	D	0.01%
ATI	F	0.01%
ZION	B	0.01%
HQY	B	0.01%
RRC	D	0.01%
CROX	F	0.01%
SSD	F	0.01%
AGNC	D	0.01%
WCC	A	0.01%
AXTA	A	0.01%
CHRD	F	0.01%
PNFP	A	0.01%
FYBR	A	0.01%
UFPI	C	0.01%
GME	B	0.01%
EXEL	A	0.01%
PARAA	D	0.0%
SEG	F	0.0%
TFSL	B	0.0%
UHAL	B	0.0%
FG	F	0.0%
CWEN	C	0.0%
UWMC	F	0.0%
NFE	F	0.0%
MBLY	C	0.0%
UI	A	0.0%
LLYVA	A	0.0%
FIZZ	B	0.0%
LBRDA	A	0.0%
CAR	C	0.0%
PPC	A	0.0%
FWONA	A	0.0%
LEVI	F	0.0%
REYN	F	0.0%
INFA	C	0.0%
BRZE	F	0.0%
CWEN	C	0.0%
ADT	B	0.0%
CNXC	F	0.0%
JOBY	D	0.0%
HHH	C	0.0%
AAP	F	0.0%
RCM	A	0.0%
RKT	D	0.0%
DV	F	0.0%
SHC	B	0.0%
IPGP	B	0.0%
VIRT	A	0.0%
BOKF	B	0.0%
ARWR	F	0.0%
CXT	F	0.0%
LLYVK	A	0.0%
GH	D	0.0%
NWL	A	0.0%
COLM	C	0.0%

IYY Underweight 52 Positions Relative to VCSH

Symbol	Grade	Weight
STLA	F	-0.07%
WB	B	-0.04%
ARCC	B	-0.04%
GSK	F	-0.04%
AZN	F	-0.04%
JD	A	-0.03%
CNO	A	-0.03%
EPD	A	-0.03%
MPLX	A	-0.03%
AER	C	-0.03%
SKT	B	-0.02%
BKU	C	-0.02%
GBDC	C	-0.02%
HP	C	-0.02%
TSLX	D	-0.02%
BABA	B	-0.02%
AWH	D	-0.02%
GSBD	F	-0.02%
OCSL	D	-0.02%
FSK	B	-0.02%
WEST	F	-0.02%
ET	A	-0.02%
CM	A	-0.02%
RY	B	-0.02%
TD	F	-0.02%
HIW	C	-0.01%
KSS	F	-0.01%
EPR	D	-0.01%
LEG	F	-0.01%
SLG	B	-0.01%
BDN	C	-0.01%
BCSF	A	-0.01%
TME	D	-0.01%
SITC	F	-0.01%
BHP	C	-0.01%
GP	F	-0.01%
PSEC	D	-0.01%
SCCO	B	-0.01%
MAIN	B	-0.01%
PDM	C	-0.01%
OPI	F	-0.01%
CP	F	-0.01%
R	A	-0.01%
BIDU	F	-0.01%
PAA	D	-0.01%
BNS	B	-0.01%
VOD	D	-0.01%
DB	B	-0.01%
BMO	B	-0.01%
HSBC	A	-0.01%
NWG	A	-0.01%
MUFG	A	-0.01%