USPX vs. BND ETF Comparison

Comparison of Franklin U.S. Equity Index ETF (USPX) to Vanguard Total Bond Market ETF (BND)

USPX

Franklin U.S. Equity Index ETF

USPX Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Equity Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries that have favorable exposure to multiple investment style factors.

Grade (RS Rating)

Last Trade

$52.63

Average Daily Volume

42,046

Number of Holdings ^*

543

* may have additional holdings in another (foreign) market

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. 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

$73.13

Average Daily Volume

5,961,954

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	USPX	BND
30 Days	3.77%	-0.51%
60 Days	5.00%	-2.95%
90 Days	6.73%	-2.00%
12 Months	33.32%	6.10%

363 Overlapping Holdings

Symbol	Grade	Weight in USPX	Weight in BND	Overlap
A	D	0.07%	0.01%	0.01%
AAPL	C	6.32%	0.01%	0.01%
ABBV	D	0.57%	0.01%	0.01%
ABT	B	0.39%	0.01%	0.01%
ACGL	D	0.08%	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	0.24%	0.01%	0.01%
ADSK	A	0.13%	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	0.01%	0.01%	0.01%
AIG	B	0.1%	0.01%	0.01%
AJG	B	0.13%	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%
AMAT	F	0.28%	0.01%	0.01%
AMCR	D	0.03%	0.01%	0.01%
AMGN	D	0.3%	0.01%	0.01%
AMP	A	0.11%	0.01%	0.01%
AMT	D	0.18%	0.01%	0.01%
AMZN	C	3.77%	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%
APO	B	0.13%	0.01%	0.01%
APTV	D	0.02%	0.01%	0.01%
ARE	D	0.03%	0.01%	0.01%
ATO	A	0.05%	0.01%	0.01%
AVB	B	0.06%	0.01%	0.01%
AVGO	D	1.48%	0.01%	0.01%
AVY	D	0.03%	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	0.62%	0.01%	0.01%
BAX	D	0.03%	0.01%	0.01%
BBY	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%	0.01%	0.01%
BK	A	0.12%	0.01%	0.01%
BKNG	A	0.33%	0.01%	0.01%
BLK	C	0.31%	0.01%	0.01%
BMY	B	0.23%	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%	0.01%	0.01%
CAT	B	0.37%	0.01%	0.01%
CB	C	0.21%	0.01%	0.01%
CCI	D	0.09%	0.01%	0.01%
CDNS	B	0.16%	0.01%	0.01%
CE	F	0.01%	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	0.08%	0.01%	0.01%
CI	F	0.18%	0.01%	0.01%
CINF	A	0.05%	0.01%	0.01%
CL	D	0.15%	0.01%	0.01%
CLX	B	0.04%	0.01%	0.01%
CMCSA	B	0.33%	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	0.26%	0.01%	0.01%
COST	B	0.79%	0.01%	0.01%
CPB	D	0.02%	0.01%	0.01%
CPT	B	0.02%	0.01%	0.01%
CRM	B	0.59%	0.01%	0.01%
CSCO	B	0.45%	0.01%	0.01%
CSX	B	0.13%	0.01%	0.01%
CTAS	B	0.15%	0.01%	0.01%
CTVA	C	0.08%	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%	0.01%	0.01%
DE	A	0.2%	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	0.04%	0.01%	0.01%
DHI	D	0.09%	0.01%	0.01%
DHR	F	0.29%	0.01%	0.01%
DIS	B	0.41%	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%
DRI	B	0.04%	0.01%	0.01%
DT	C	0.03%	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%
ECL	D	0.12%	0.01%	0.01%
ED	D	0.06%	0.01%	0.01%
EFX	F	0.06%	0.01%	0.01%
EG	C	0.03%	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	0.03%	0.01%	0.01%
EQIX	A	0.17%	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%	0.01%	0.01%
ETR	B	0.06%	0.01%	0.01%
EVRG	A	0.03%	0.01%	0.01%
EW	C	0.08%	0.01%	0.01%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.01%	0.01%
EXR	D	0.07%	0.01%	0.01%
FANG	D	0.06%	0.01%	0.01%
FDX	B	0.13%	0.01%	0.01%
FE	C	0.04%	0.01%	0.01%
FIS	C	0.1%	0.01%	0.01%
FITB	A	0.06%	0.01%	0.01%
FLEX	A	0.03%	0.01%	0.01%
FNF	B	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	0.13%	0.01%	0.01%
GE	D	0.38%	0.01%	0.01%
GILD	C	0.22%	0.01%	0.01%
GIS	D	0.07%	0.01%	0.01%
GLW	B	0.07%	0.01%	0.01%
GM	B	0.12%	0.01%	0.01%
GOOGL	C	1.98%	0.01%	0.01%
GPC	D	0.03%	0.01%	0.01%
GPN	B	0.06%	0.01%	0.01%
GS	A	0.38%	0.01%	0.01%
GWW	B	0.09%	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	0.79%	0.01%	0.01%
HES	B	0.08%	0.01%	0.01%
HIG	B	0.07%	0.01%	0.01%
HII	D	0.02%	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	0.05%	0.01%	0.01%
HUM	C	0.06%	0.01%	0.01%
IBM	C	0.37%	0.01%	0.01%
ICE	C	0.18%	0.01%	0.01%
IEX	B	0.04%	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%
INVH	D	0.04%	0.01%	0.01%
IP	B	0.04%	0.01%	0.01%
IPG	D	0.02%	0.01%	0.01%
ITW	B	0.16%	0.01%	0.01%
JBHT	C	0.03%	0.01%	0.01%
JCI	C	0.11%	0.01%	0.01%
JNJ	D	0.73%	0.01%	0.01%
JNPR	F	0.02%	0.01%	0.01%
JPM	A	1.36%	0.01%	0.01%
K	A	0.04%	0.01%	0.01%
KDP	D	0.07%	0.01%	0.01%
KEY	B	0.04%	0.01%	0.01%
KEYS	A	0.05%	0.01%	0.01%
KIM	A	0.03%	0.01%	0.01%
KLAC	D	0.17%	0.01%	0.01%
KMB	D	0.09%	0.01%	0.01%
KMI	A	0.11%	0.01%	0.01%
KO	D	0.47%	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	0.08%	0.01%	0.01%
LH	C	0.04%	0.01%	0.01%
LHX	C	0.1%	0.01%	0.01%
LII	A	0.05%	0.01%	0.01%
LIN	D	0.42%	0.01%	0.01%
LLY	F	1.24%	0.01%	0.01%
LMT	D	0.23%	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	0.83%	0.01%	0.01%
MAA	B	0.04%	0.01%	0.01%
MAR	B	0.13%	0.01%	0.01%
MAS	D	0.03%	0.01%	0.01%
MCD	D	0.41%	0.01%	0.01%
MCHP	D	0.07%	0.01%	0.01%
MCK	B	0.17%	0.01%	0.01%
MCO	B	0.15%	0.01%	0.01%
MDLZ	F	0.17%	0.01%	0.01%
MDT	D	0.22%	0.01%	0.01%
MET	A	0.1%	0.01%	0.01%
MKC	D	0.04%	0.01%	0.01%
MKL	A	0.05%	0.01%	0.01%
MLM	B	0.07%	0.01%	0.01%
MMC	B	0.22%	0.01%	0.01%
MMM	D	0.14%	0.01%	0.01%
MO	A	0.19%	0.01%	0.01%
MOS	F	0.02%	0.01%	0.01%
MPC	D	0.1%	0.01%	0.01%
MRK	F	0.48%	0.01%	0.01%
MRO	B	0.03%	0.01%	0.01%
MRVL	B	0.15%	0.01%	0.01%
MS	A	0.33%	0.01%	0.01%
MSFT	F	6.06%	0.01%	0.01%
MSI	B	0.15%	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	0.31%	0.01%	0.01%
NEM	D	0.09%	0.01%	0.01%
NI	A	0.03%	0.01%	0.01%
NKE	D	0.18%	0.01%	0.01%
NOC	D	0.13%	0.01%	0.01%
NOW	A	0.39%	0.01%	0.01%
NSC	B	0.11%	0.01%	0.01%
NTAP	C	0.05%	0.01%	0.01%
NTRS	A	0.05%	0.01%	0.01%
NUE	C	0.07%	0.01%	0.01%
NVDA	C	6.61%	0.01%	0.01%
NVR	D	0.05%	0.01%	0.01%
NXPI	D	0.11%	0.01%	0.01%
O	D	0.1%	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	0.58%	0.01%	0.01%
ORLY	B	0.14%	0.01%	0.01%
OTIS	C	0.08%	0.01%	0.01%
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	0.43%	0.01%	0.01%
PFE	D	0.28%	0.01%	0.01%
PFG	D	0.04%	0.01%	0.01%
PG	A	0.79%	0.01%	0.01%
PGR	A	0.29%	0.01%	0.01%
PH	A	0.17%	0.01%	0.01%
PHM	D	0.06%	0.01%	0.01%
PKG	A	0.04%	0.01%	0.01%
PLD	D	0.21%	0.01%	0.01%
PM	B	0.39%	0.01%	0.01%
PNC	B	0.16%	0.01%	0.01%
PNR	A	0.03%	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%
PWR	A	0.09%	0.01%	0.01%
PYPL	B	0.18%	0.01%	0.01%
QCOM	F	0.35%	0.01%	0.01%
QRVO	F	0.01%	0.01%	0.01%
REG	B	0.03%	0.01%	0.01%
REGN	F	0.16%	0.01%	0.01%
RF	A	0.05%	0.01%	0.01%
RGA	A	0.03%	0.01%	0.01%
RJF	A	0.06%	0.01%	0.01%
ROK	B	0.07%	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%
RSG	A	0.08%	0.01%	0.01%
RTX	C	0.31%	0.01%	0.01%
SBUX	A	0.22%	0.01%	0.01%
SCCO	F	0.02%	0.01%	0.01%
SCHW	B	0.23%	0.01%	0.01%
SHW	A	0.18%	0.01%	0.01%
SJM	D	0.02%	0.01%	0.01%
SLB	C	0.12%	0.01%	0.01%
SNA	A	0.04%	0.01%	0.01%
SO	D	0.19%	0.01%	0.01%
SPG	B	0.11%	0.01%	0.01%
SPGI	C	0.31%	0.01%	0.01%
SRE	A	0.11%	0.01%	0.01%
STE	F	0.04%	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%
SUI	D	0.03%	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	0.32%	0.01%	0.01%
TAP	C	0.02%	0.01%	0.01%
TDY	B	0.04%	0.01%	0.01%
TFC	A	0.12%	0.01%	0.01%
TGT	F	0.14%	0.01%	0.01%
TJX	A	0.27%	0.01%	0.01%
TMO	F	0.38%	0.01%	0.01%
TMUS	B	0.23%	0.01%	0.01%
TRMB	B	0.03%	0.01%	0.01%
TRV	B	0.11%	0.01%	0.01%
TSCO	D	0.05%	0.01%	0.01%
TSN	B	0.04%	0.01%	0.01%
TT	A	0.17%	0.01%	0.01%
TXN	C	0.36%	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%
UHS	D	0.02%	0.01%	0.01%
UNH	C	1.07%	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	1.01%	0.01%	0.01%
VLO	C	0.09%	0.01%	0.01%
VMC	B	0.08%	0.01%	0.01%
VRSK	A	0.08%	0.01%	0.01%
VRSN	F	0.03%	0.01%	0.01%
VTR	C	0.05%	0.01%	0.01%
VTRS	A	0.03%	0.01%	0.01%
VZ	C	0.35%	0.01%	0.01%
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	0.5%	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	0.72%	0.01%	0.01%
WPC	D	0.02%	0.01%	0.01%
WRB	A	0.04%	0.01%	0.01%
WY	D	0.04%	0.01%	0.01%
XEL	A	0.08%	0.01%	0.01%
XOM	B	1.04%	0.01%	0.01%
XYL	D	0.06%	0.01%	0.01%
ZBH	C	0.04%	0.01%	0.01%
ZTS	D	0.16%	0.01%	0.01%

USPX Overweight 180 Positions Relative to BND

Symbol	Grade	Weight
META	D	2.37%
GOOG	C	1.77%
TSLA	B	1.75%
BRK.A	B	1.67%
NFLX	A	0.71%
ACN	C	0.44%
AMD	F	0.43%
ISRG	A	0.37%
UBER	D	0.29%
PLTR	B	0.26%
BX	A	0.25%
VRTX	F	0.24%
FI	A	0.24%
PANW	C	0.24%
ANET	C	0.19%
KKR	A	0.19%
GEV	B	0.18%
ELV	F	0.18%
MELI	D	0.18%
CMG	B	0.16%
CRWD	B	0.16%
SNPS	B	0.16%
TDG	D	0.14%
CEG	D	0.14%
HLT	A	0.12%
COIN	C	0.12%
FCX	D	0.12%
DASH	A	0.11%
TTD	B	0.11%
RCL	A	0.11%
ABNB	C	0.11%
FICO	B	0.11%
URI	B	0.11%
WDAY	B	0.11%
CPRT	A	0.1%
BKR	B	0.09%
VST	B	0.09%
PAYX	C	0.09%
AME	A	0.09%
LNG	B	0.09%
HWM	A	0.09%
SQ	B	0.09%
FAST	B	0.09%
MSCI	C	0.09%
AXON	A	0.09%
CTSH	B	0.08%
CBRE	B	0.08%
SNOW	C	0.08%
IR	B	0.08%
KVUE	A	0.08%
IT	C	0.08%
ODFL	B	0.08%
TRGP	B	0.08%
COR	B	0.08%
VRT	B	0.08%
F	C	0.08%
IDXX	F	0.07%
IRM	D	0.07%
IQV	D	0.07%
MNST	C	0.07%
YUM	B	0.07%
DDOG	A	0.07%
LULU	C	0.07%
TEAM	A	0.07%
ALNY	D	0.06%
TTWO	A	0.06%
ON	D	0.06%
CPNG	D	0.06%
FCNCA	A	0.06%
VEEV	C	0.06%
CSGP	D	0.06%
ARES	A	0.06%
DXCM	D	0.06%
CNC	D	0.06%
WTW	B	0.06%
OXY	D	0.06%
GEHC	F	0.06%
RMD	C	0.06%
VICI	C	0.06%
HUBS	A	0.06%
GRMN	B	0.06%
ZBRA	B	0.05%
CCL	B	0.05%
TYL	B	0.05%
VLTO	D	0.05%
EQT	B	0.05%
CDW	F	0.05%
LPLA	A	0.05%
WST	C	0.05%
MTD	D	0.05%
GDDY	A	0.05%
SW	A	0.05%
TROW	B	0.05%
RBLX	C	0.05%
ANSS	B	0.05%
NET	B	0.05%
MPWR	F	0.05%
TPL	A	0.05%
DECK	A	0.05%
KHC	F	0.05%
LYV	A	0.04%
NRG	B	0.04%
HOLX	D	0.04%
FSLR	F	0.04%
FDS	B	0.04%
STX	D	0.04%
CTRA	B	0.04%
ZM	B	0.04%
BALL	D	0.04%
WDC	D	0.04%
ZS	C	0.04%
PODD	C	0.04%
WSO	A	0.04%
WBD	C	0.04%
BLDR	D	0.04%
WAT	B	0.04%
CPAY	A	0.04%
SBAC	D	0.04%
MDB	C	0.04%
PTC	A	0.04%
RVTY	F	0.03%
INCY	C	0.03%
AVTR	F	0.03%
JKHY	D	0.03%
AKAM	D	0.03%
EPAM	C	0.03%
FFIV	B	0.03%
POOL	C	0.03%
EWBC	A	0.03%
ULTA	F	0.03%
ROL	B	0.03%
ENTG	D	0.03%
DOCU	A	0.03%
BURL	A	0.03%
SSNC	B	0.03%
TER	D	0.03%
HEI	B	0.03%
J	F	0.03%
EXPD	D	0.03%
PINS	D	0.03%
DPZ	C	0.03%
TRU	D	0.03%
TWLO	A	0.03%
MOH	F	0.03%
GEN	B	0.03%
ALGN	D	0.03%
BAH	F	0.03%
ACI	C	0.02%
ENPH	F	0.02%
APA	D	0.02%
PAYC	B	0.02%
EXAS	D	0.02%
MGM	D	0.02%
WYNN	D	0.02%
SMCI	F	0.02%
CG	A	0.02%
DAY	B	0.02%
LW	C	0.02%
LKQ	D	0.02%
CCK	C	0.02%
TECH	D	0.02%
HEI	B	0.02%
NWSA	B	0.02%
CRL	C	0.02%
SNAP	C	0.02%
Z	A	0.02%
NBIX	C	0.02%
OKTA	C	0.02%
KMX	B	0.02%
MRNA	F	0.02%
BMRN	D	0.02%
ELS	C	0.02%
NWS	B	0.01%
ZG	A	0.01%
U	C	0.01%
FOX	A	0.01%
SIRI	C	0.01%
BSY	D	0.01%
CRBG	B	0.01%
TFX	F	0.01%

USPX Underweight 182 Positions Relative to BND

Symbol	Grade	Weight
WIT	A	-0.09%
LXP	D	-0.01%
PAA	B	-0.01%
NFG	A	-0.01%
OSK	B	-0.01%
ORI	A	-0.01%
OCSL	F	-0.01%
NYC	D	-0.01%
NWE	B	-0.01%
MCY	A	-0.01%
PDM	D	-0.01%
GSBD	F	-0.01%
HUN	F	-0.01%
HRB	D	-0.01%
HPP	F	-0.01%
INGR	B	-0.01%
JBLU	F	-0.01%
JBL	B	-0.01%
ET	A	-0.01%
FSK	A	-0.01%
CAF	D	-0.01%
BWA	D	-0.01%
FHN	A	-0.01%
CUBE	D	-0.01%
FAF	A	-0.01%
DSS	F	-0.01%
COKE	C	-0.01%
AL	B	-0.01%
AYI	B	-0.01%
AWH	F	-0.01%
CM	A	-0.01%
AVA	A	-0.01%
AER	B	-0.01%
CHI	A	-0.01%
BKH	A	-0.01%
BIDU	F	-0.01%
BHF	B	-0.01%
BERY	B	-0.01%
CP	D	-0.01%
COO	D	-0.01%
THG	A	-0.01%
TEL	B	-0.01%
ZION	B	-0.01%
TME	D	-0.01%
NOV	C	-0.01%
NNN	D	-0.01%
OHI	C	-0.01%
OGS	A	-0.01%
OGE	B	-0.01%
LEA	D	-0.01%
MPLX	A	-0.01%
IVZ	B	-0.01%
GLPI	C	-0.01%
JLL	D	-0.01%
GL	B	-0.01%
JHG	A	-0.01%
JEF	A	-0.01%
JD	D	-0.01%
KMT	B	-0.01%
KMPR	B	-0.01%
GBDC	C	-0.01%
UNM	A	-0.01%
WB	D	-0.01%
UBS	C	-0.01%
VNT	B	-0.01%
WTFC	A	-0.01%
R	B	-0.01%
SLG	B	-0.01%
SKT	B	-0.01%
SITC	D	-0.01%
RS	B	-0.01%
RPM	A	-0.01%
RL	B	-0.01%
RIV	D	-0.01%
SCS	C	-0.01%
REXR	F	-0.01%
SAVE	D	-0.01%
SAFE	D	-0.01%
SON	D	-0.01%
SNX	C	-0.01%
SNV	B	-0.01%
NHI	D	-0.01%
NEU	C	-0.01%
LNC	B	-0.01%
MHK	D	-0.01%
NVT	B	-0.01%
GP	F	-0.01%
HR	C	-0.01%
HP	B	-0.01%
HOG	D	-0.01%
HIW	D	-0.01%
HAS	D	-0.01%
H	B	-0.01%
GXO	B	-0.01%
ESGR	B	-0.01%
EPRT	B	-0.01%
EPR	D	-0.01%
FRT	B	-0.01%
BRX	A	-0.01%
AAT	B	-0.01%
AAP	C	-0.01%
PECO	A	-0.01%
EE	A	-0.01%
DXC	B	-0.01%
CTS	C	-0.01%
CSL	C	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
FLO	D	-0.01%
DOX	D	-0.01%
BC	C	-0.01%
COE	D	-0.01%
AIZ	A	-0.01%
CNO	A	-0.01%
CNA	B	-0.01%
AXS	A	-0.01%
AVT	C	-0.01%
CMA	A	-0.01%
AGO	B	-0.01%
CHRW	C	-0.01%
CHH	A	-0.01%
BMO	A	-0.01%
ARW	D	-0.01%
ADC	B	-0.01%
ARCC	A	-0.01%
CBT	C	-0.01%
CBOE	B	-0.01%
AN	C	-0.01%
CACC	D	-0.01%
BDN	C	-0.01%
BCSF	C	-0.01%
AMH	D	-0.01%
AMG	B	-0.01%
AAL	B	-0.01%
XRAY	F	-0.01%
TKR	D	-0.01%
OPI	F	-0.01%
LEG	F	-0.01%
LAZ	B	-0.01%
MP	B	-0.01%
KEX	C	-0.01%
KSS	F	-0.01%
KRG	B	-0.01%
KRC	C	-0.01%
KOF	F	-0.01%
WBS	A	-0.01%
TSLX	C	-0.01%
SWX	B	-0.01%
VOYA	B	-0.01%
VNO	B	-0.01%
VMI	B	-0.01%
STLA	F	-0.01%
WU	D	-0.01%
WTRG	B	-0.01%
WEST	C	-0.01%
VFC	C	-0.01%
WHR	B	-0.01%
PNW	B	-0.01%
RYN	D	-0.01%
SIGI	C	-0.01%
RNR	C	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
SBRA	C	-0.01%
PRE	D	-0.01%
MAIN	A	-0.01%
RY	A	-0.01%
BHP	F	-0.01%
DB	D	-0.01%
EDC	F	-0.01%
GSK	F	-0.01%
EPD	A	-0.01%
BNS	A	-0.01%
EQNR	D	-0.01%
ALLY	C	-0.01%
BABA	D	-0.01%
VOD	F	-0.01%
AZN	D	-0.01%
NWG	C	-0.01%
MUFG	B	-0.01%
TD	F	-0.01%
HSBC	B	-0.01%