BIV vs. SCHZ ETF Comparison

Comparison of Vanguard Intermediate-Term Bond ETF (BIV) to Schwab US Aggregate Bond ETF (SCHZ)

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted 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 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 5 and 10 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

$75.17

Average Daily Volume

1,245,881

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

SCHZ

Schwab US Aggregate Bond ETF

SCHZ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Barclays U.S. Aggregate Bond IndexSM. The fund invests at least 90% of its net assets in securities included in the index. The index is a broad based benchmark measuring the performance of the U.S. investment grade, taxable bond market, including U.S. Treasuries, government-related and corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities that are publicly available for sale in the United States.

Grade (RS Rating)

Last Trade

$22.90

Average Daily Volume

1,196,416

Number of Holdings ^*

539

* may have additional holdings in another (foreign) market

Performance

Period	BIV	SCHZ
30 Days	-2.24%	-1.88%
60 Days	-3.86%	-3.40%
90 Days	-1.91%	-1.54%
12 Months	7.13%	7.06%

477 Overlapping Holdings

	Symbol	Grade	Weight in BIV	Weight in SCHZ	Overlap
	A	F	0.01%	0.0%	0.0%
	AAL	B	0.01%	0.0%	0.0%
	AAP	C	0.02%	0.0%	0.0%
	AAPL	C	0.01%	0.0%	0.0%
	ABBV	F	0.05%	0.0%	0.0%
	ABT	C	0.01%	0.0%	0.0%
	ACGL	C	0.01%	0.0%	0.0%
	ADBE	C	0.02%	0.0%	0.0%
	ADC	A	0.01%	0.0%	0.0%
	ADI	D	0.02%	0.0%	0.0%
	ADM	F	0.02%	0.0%	0.0%
	ADP	A	0.02%	0.0%	0.0%
	ADSK	B	0.01%	0.0%	0.0%
	AEE	B	0.01%	0.0%	0.0%
	AEP	D	0.01%	0.0%	0.0%
	AER	B	0.01%	0.0%	0.0%
	AES	F	0.01%	0.0%	0.0%
	AFG	A	0.01%	0.0%	0.0%
	AFL	C	0.01%	0.0%	0.0%
	AGO	B	0.01%	0.0%	0.0%
	AGR	C	0.01%	0.0%	0.0%
	AIG	B	0.01%	0.0%	0.0%
	AIZ	A	0.01%	0.0%	0.0%
	AL	B	0.01%	0.0%	0.0%
	ALL	B	0.01%	0.0%	0.0%
	ALLE	D	0.01%	0.0%	0.0%
	AMAT	F	0.01%	0.0%	0.0%
	AMCR	D	0.01%	0.0%	0.0%
	AMG	B	0.02%	0.0%	0.0%
	AMGN	F	0.01%	0.0%	0.0%
	AMH	C	0.01%	0.0%	0.0%
	AMT	F	0.01%	0.0%	0.0%
	AMZN	A	0.02%	0.0%	0.0%
	AN	C	0.01%	0.0%	0.0%
	AON	B	0.01%	0.0%	0.0%
	APD	B	0.01%	0.0%	0.0%
	APH	B	0.01%	0.0%	0.0%
	APTV	F	0.01%	0.0%	0.0%
	ARCC	A	0.02%	0.0%	0.0%
	ARE	F	0.01%	0.0%	0.0%
	ARW	F	0.01%	0.0%	0.0%
	ATO	B	0.01%	0.0%	0.0%
	AVB	B	0.01%	0.0%	0.0%
	AVGO	C	0.01%	0.0%	0.0%
	AVT	C	0.01%	0.0%	0.0%
	AVY	F	0.01%	0.0%	0.0%
	AWK	D	0.01%	0.0%	0.0%
	AXP	B	0.05%	0.0%	0.0%
	AXS	A	0.01%	0.0%	0.0%
	AYI	A	0.01%	0.0%	0.0%
	AZN	F	0.01%	0.0%	0.0%
	AZO	B	0.01%	0.0%	0.0%
	BA	F	0.01%	0.0%	0.0%
	BABA	D	0.03%	0.0%	0.0%
	BAC	A	0.01%	0.0%	0.0%
	BAX	F	0.01%	0.0%	0.0%
	BBY	C	0.01%	0.0%	0.0%
	BC	D	0.02%	0.0%	0.0%
	BDN	D	0.01%	0.0%	0.0%
	BDX	F	0.01%	0.0%	0.0%
	BEN	C	0.01%	0.0%	0.0%
	BERY	D	0.01%	0.0%	0.0%
	BG	D	0.01%	0.0%	0.0%
	BHF	B	0.01%	0.0%	0.0%
	BIDU	F	0.01%	0.0%	0.0%
	BIIB	F	0.04%	0.01%	0.01%
	BK	B	0.01%	0.0%	0.0%
	BKH	A	0.01%	0.0%	0.0%
	BKNG	A	0.01%	0.0%	0.0%
	BKU	A	0.01%	0.0%	0.0%
	BLK	A	0.01%	0.0%	0.0%
	BMO	A	0.03%	0.0%	0.0%
	BMY	B	0.01%	0.0%	0.0%
	BNS	A	0.01%	0.0%	0.0%
	BR	A	0.02%	0.0%	0.0%
	BRO	B	0.01%	0.0%	0.0%
	BRX	A	0.01%	0.0%	0.0%
	BSX	A	0.02%	0.0%	0.0%
	BWA	B	0.03%	0.0%	0.0%
	BXP	D	0.01%	0.0%	0.0%
	C	B	0.01%	0.0%	0.0%
	CAG	F	0.02%	0.0%	0.0%
	CAH	B	0.03%	0.0%	0.0%
	CARR	C	0.02%	0.0%	0.0%
	CAT	B	0.01%	0.0%	0.0%
	CB	C	0.03%	0.0%	0.0%
	CBOE	D	0.01%	0.0%	0.0%
	CBT	C	0.01%	0.0%	0.0%
	CCI	F	0.01%	0.0%	0.0%
	CE	F	0.01%	0.0%	0.0%
	CFG	B	0.01%	0.0%	0.0%
	CHD	A	0.01%	0.01%	0.01%
	CHRW	A	0.02%	0.0%	0.0%
	CHTR	B	0.02%	0.0%	0.0%
	CI	D	0.01%	0.0%	0.0%
	CINF	A	0.01%	0.0%	0.0%
	CLX	A	0.01%	0.0%	0.0%
	CMA	A	0.01%	0.0%	0.0%
	CMCSA	B	0.01%	0.0%	0.0%
	CME	B	0.01%	0.0%	0.0%
	CMI	A	0.01%	0.0%	0.0%
	CMS	D	0.01%	0.0%	0.0%
	CNA	C	0.01%	0.0%	0.0%
	CNH	D	0.01%	0.0%	0.0%
	CNO	B	0.02%	0.0%	0.0%
	CNP	B	0.01%	0.0%	0.0%
	COF	B	0.01%	0.0%	0.0%
	COP	C	0.01%	0.0%	0.0%
	COST	B	0.01%	0.0%	0.0%
	CP	F	0.01%	0.0%	0.0%
	CPB	F	0.02%	0.0%	0.0%
	CPT	C	0.01%	0.0%	0.0%
	CRM	B	0.02%	0.0%	0.0%
	CSL	B	0.01%	0.0%	0.0%
	CSX	B	0.01%	0.0%	0.0%
	CTAS	B	0.02%	0.0%	0.0%
	CTVA	C	0.01%	0.0%	0.0%
	CUBE	D	0.01%	0.0%	0.0%
	CVS	F	0.01%	0.0%	0.0%
	CVX	A	0.01%	0.0%	0.0%
	D	D	0.01%	0.0%	0.0%
	DAL	A	0.02%	0.0%	0.0%
	DB	D	0.01%	0.0%	0.0%
	DD	D	0.05%	0.01%	0.01%
	DE	D	0.01%	0.0%	0.0%
	DELL	C	0.01%	0.0%	0.0%
	DFS	B	0.02%	0.0%	0.0%
	DG	F	0.01%	0.0%	0.0%
	DGX	B	0.01%	0.0%	0.0%
	DHI	D	0.01%	0.0%	0.0%
	DHR	F	0.01%	0.0%	0.0%
	DIS	B	0.01%	0.0%	0.0%
	DLR	C	0.02%	0.0%	0.0%
	DLTR	F	0.03%	0.01%	0.01%
	DOC	C	0.02%	0.0%	0.0%
	DOV	A	0.01%	0.0%	0.0%
	DOW	F	0.01%	0.0%	0.0%
	DOX	C	0.02%	0.0%	0.0%
	DRI	B	0.01%	0.0%	0.0%
	DSS	F	0.01%	0.0%	0.0%
	DT	C	0.11%	0.01%	0.01%
	DTE	D	0.01%	0.0%	0.0%
	DUK	D	0.01%	0.0%	0.0%
	DVN	F	0.01%	0.0%	0.0%
	DXC	B	0.02%	0.0%	0.0%
	EA	A	0.02%	0.0%	0.0%
	EBAY	C	0.02%	0.0%	0.0%
	ECL	C	0.01%	0.0%	0.0%
	ED	D	0.01%	0.0%	0.0%
	EFX	F	0.02%	0.0%	0.0%
	EIX	C	0.01%	0.0%	0.0%
	EL	F	0.01%	0.0%	0.0%
	EMN	D	0.01%	0.0%	0.0%
	EMR	A	0.01%	0.0%	0.0%
	EOG	A	0.02%	0.0%	0.0%
	EPD	A	0.01%	0.0%	0.0%
	EPR	D	0.01%	0.0%	0.0%
	EPRT	C	0.01%	0.0%	0.0%
	EQH	B	0.01%	0.0%	0.0%
	EQIX	B	0.01%	0.0%	0.0%
	EQNR	D	0.01%	0.0%	0.0%
	EQR	C	0.01%	0.0%	0.0%
	ES	D	0.01%	0.0%	0.0%
	ESGR	B	0.03%	0.0%	0.0%
	ESS	C	0.01%	0.0%	0.0%
	ETN	B	0.02%	0.0%	0.0%
	ETR	B	0.01%	0.0%	0.0%
	EVRG	A	0.01%	0.0%	0.0%
	EW	F	0.01%	0.0%	0.0%
	EXC	C	0.01%	0.0%	0.0%
	EXPE	B	0.02%	0.0%	0.0%
	FAF	C	0.01%	0.0%	0.0%
	FANG	C	0.01%	0.0%	0.0%
	FDX	B	0.01%	0.0%	0.0%
	FIS	B	0.01%	0.0%	0.0%
	FITB	A	0.01%	0.0%	0.0%
	FLEX	B	0.01%	0.0%	0.0%
	FLO	F	0.01%	0.0%	0.0%
	FLS	B	0.01%	0.0%	0.0%
	FMC	F	0.01%	0.0%	0.0%
	FNF	C	0.01%	0.0%	0.0%
	FOXA	A	0.02%	0.0%	0.0%
	FRT	B	0.01%	0.0%	0.0%
	FSK	A	0.01%	0.0%	0.0%
	FTNT	B	0.01%	0.0%	0.0%
	GBDC	B	0.01%	0.0%	0.0%
	GD	C	0.02%	0.0%	0.0%
	GE	D	0.02%	0.0%	0.0%
	GILD	B	0.01%	0.0%	0.0%
	GIS	F	0.01%	0.0%	0.0%
	GL	B	0.01%	0.0%	0.0%
	GLPI	D	0.01%	0.0%	0.0%
	GM	B	0.01%	0.0%	0.0%
	GOOGL	C	0.02%	0.0%	0.0%
	GP	F	0.01%	0.0%	0.0%
	GPC	D	0.01%	0.0%	0.0%
	GPN	B	0.01%	0.0%	0.0%
	GS	B	0.01%	0.0%	0.0%
	GSK	F	0.02%	0.0%	0.0%
	GXO	B	0.01%	0.0%	0.0%
	H	B	0.01%	0.0%	0.0%
	HAL	C	0.02%	0.0%	0.0%
	HAS	D	0.01%	0.0%	0.0%
	HBAN	A	0.01%	0.0%	0.0%
	HCA	D	0.02%	0.0%	0.0%
	HD	B	0.01%	0.0%	0.0%
	HES	B	0.01%	0.0%	0.0%
	HIG	C	0.02%	0.0%	0.0%
	HII	F	0.01%	0.0%	0.0%
	HIW	D	0.01%	0.0%	0.0%
	HON	B	0.01%	0.0%	0.0%
	HP	C	0.01%	0.0%	0.0%
	HPP	F	0.01%	0.0%	0.0%
	HPQ	B	0.02%	0.0%	0.0%
	HR	C	0.01%	0.0%	0.0%
	HRB	D	0.01%	0.0%	0.0%
	HRL	F	0.01%	0.0%	0.0%
	HSBC	B	0.01%	0.0%	0.0%
	HST	D	0.02%	0.0%	0.0%
	HSY	F	0.01%	0.0%	0.0%
	HUBB	C	0.01%	0.0%	0.0%
	HUM	D	0.01%	0.0%	0.0%
	HUN	F	0.01%	0.0%	0.0%
	IBM	D	0.01%	0.0%	0.0%
	ICE	C	0.01%	0.0%	0.0%
	IEX	B	0.01%	0.0%	0.0%
	IFF	F	0.01%	0.0%	0.0%
	ILMN	C	0.01%	0.0%	0.0%
	INGR	B	0.01%	0.0%	0.0%
	INTC	C	0.01%	0.0%	0.0%
	INTU	A	0.01%	0.0%	0.0%
	INVH	D	0.02%	0.0%	0.0%
	IPG	F	0.01%	0.0%	0.0%
	ITW	B	0.01%	0.0%	0.0%
	JBL	C	0.01%	0.0%	0.0%
	JCI	A	0.01%	0.0%	0.0%
	JD	C	0.01%	0.0%	0.0%
	JEF	B	0.01%	0.0%	0.0%
	JNJ	D	0.01%	0.0%	0.0%
	JNPR	D	0.01%	0.0%	0.0%
	JPM	A	0.01%	0.0%	0.0%
	K	A	0.01%	0.0%	0.0%
	KDP	C	0.01%	0.0%	0.0%
	KEX	A	0.01%	0.0%	0.0%
	KEY	B	0.01%	0.0%	0.0%
	KEYS	C	0.01%	0.0%	0.0%
	KIM	A	0.01%	0.0%	0.0%
	KLAC	F	0.02%	0.0%	0.0%
	KMB	D	0.01%	0.0%	0.0%
	KMI	B	0.01%	0.0%	0.0%
	KMPR	A	0.01%	0.0%	0.0%
	KMT	B	0.01%	0.0%	0.0%
	KO	F	0.01%	0.0%	0.0%
	KOF	F	0.03%	0.0%	0.0%
	KR	A	0.01%	0.0%	0.0%
	KRC	C	0.01%	0.0%	0.0%
	KRG	B	0.01%	0.0%	0.0%
	KSS	D	0.01%	0.0%	0.0%
	L	A	0.01%	0.0%	0.0%
	LAZ	C	0.01%	0.0%	0.0%
	LDOS	C	0.02%	0.0%	0.0%
	LEA	F	0.01%	0.0%	0.0%
	LEG	F	0.01%	0.0%	0.0%
	LEN	D	0.01%	0.0%	0.0%
	LH	B	0.01%	0.0%	0.0%
	LHX	B	0.01%	0.0%	0.0%
	LII	B	0.01%	0.0%	0.0%
	LIN	D	0.01%	0.0%	0.0%
	LLY	F	0.01%	0.0%	0.0%
	LMT	D	0.02%	0.0%	0.0%
	LNC	B	0.01%	0.0%	0.0%
	LNT	C	0.01%	0.0%	0.0%
	LOW	B	0.01%	0.0%	0.0%
	LRCX	F	0.02%	0.0%	0.0%
	LUV	B	0.01%	0.0%	0.0%
	LVS	C	0.02%	0.0%	0.0%
	LXP	D	0.01%	0.0%	0.0%
	LYB	F	0.01%	0.0%	0.0%
	MA	B	0.01%	0.0%	0.0%
	MAA	C	0.01%	0.0%	0.0%
	MAR	A	0.01%	0.0%	0.0%
	MAS	D	0.01%	0.0%	0.0%
	MCD	C	0.02%	0.0%	0.0%
	MCO	C	0.01%	0.0%	0.0%
	MCY	B	0.01%	0.0%	0.0%
	MDLZ	F	0.01%	0.0%	0.0%
	MDT	D	0.01%	0.01%	0.01%
	MET	C	0.02%	0.0%	0.0%
	MHK	D	0.01%	0.0%	0.0%
	MKC	D	0.01%	0.0%	0.0%
	MKL	A	0.01%	0.0%	0.0%
	MLM	B	0.01%	0.0%	0.0%
	MMC	D	0.02%	0.0%	0.0%
	MMM	C	0.01%	0.0%	0.0%
	MO	A	0.01%	0.0%	0.0%
	MOS	D	0.02%	0.0%	0.0%
	MP	C	0.01%	0.0%	0.0%
	MPC	D	0.01%	0.0%	0.0%
	MPLX	A	0.02%	0.0%	0.0%
	MRK	F	0.02%	0.0%	0.0%
	MRO	B	0.02%	0.0%	0.0%
	MRVL	B	0.01%	0.0%	0.0%
	MS	A	0.04%	0.0%	0.0%
	MSFT	C	0.1%	0.0%	0.0%
	MSI	B	0.01%	0.0%	0.0%
	MTB	A	0.02%	0.0%	0.0%
	MU	D	0.02%	0.0%	0.0%
	MUFG	A	0.02%	0.0%	0.0%
	NDAQ	B	0.01%	0.0%	0.0%
	NEE	D	0.01%	0.0%	0.0%
	NEM	F	0.02%	0.0%	0.0%
	NEU	C	0.01%	0.0%	0.0%
	NFG	D	0.01%	0.0%	0.0%
	NHI	D	0.01%	0.0%	0.0%
	NI	A	0.02%	0.0%	0.0%
	NKE	F	0.01%	0.0%	0.0%
	NNN	F	0.01%	0.0%	0.0%
	NOC	D	0.02%	0.0%	0.0%
	NOV	C	0.01%	0.0%	0.0%
	NOW	A	0.03%	0.01%	0.01%
	NSC	B	0.01%	0.0%	0.0%
	NTAP	D	0.01%	0.0%	0.0%
	NTRS	A	0.01%	0.0%	0.0%
	NUE	D	0.01%	0.0%	0.0%
	NVDA	A	0.03%	0.0%	0.0%
	NVR	D	0.01%	0.0%	0.0%
	NVT	C	0.01%	0.0%	0.0%
	NWG	B	0.02%	0.0%	0.0%
	NXPI	F	0.01%	0.0%	0.0%
	O	D	0.01%	0.0%	0.0%
	OC	A	0.01%	0.0%	0.0%
	OCSL	D	0.01%	0.0%	0.0%
	OGE	B	0.01%	0.0%	0.0%
	OGS	B	0.01%	0.0%	0.0%
	OHI	C	0.01%	0.0%	0.0%
	OKE	A	0.01%	0.0%	0.0%
	OMC	A	0.01%	0.0%	0.0%
	OPI	F	0.01%	0.0%	0.0%
	ORCL	A	0.01%	0.0%	0.0%
	ORLY	A	0.01%	0.0%	0.0%
	OSK	B	0.01%	0.0%	0.0%
	OTIS	D	0.01%	0.0%	0.0%
	PAA	C	0.01%	0.0%	0.0%
	PCG	A	0.01%	0.0%	0.0%
	PDM	D	0.01%	0.0%	0.0%
	PEG	C	0.01%	0.0%	0.0%
	PEP	D	0.01%	0.0%	0.0%
	PFE	F	0.01%	0.0%	0.0%
	PFG	C	0.01%	0.0%	0.0%
	PG	C	0.01%	0.0%	0.0%
	PGR	A	0.02%	0.0%	0.0%
	PH	A	0.02%	0.0%	0.0%
	PHM	D	0.01%	0.0%	0.0%
	PKG	B	0.01%	0.0%	0.0%
	PLD	D	0.01%	0.0%	0.0%
	PM	B	0.01%	0.0%	0.0%
	PNC	B	0.01%	0.0%	0.0%
	PNW	A	0.01%	0.0%	0.0%
	PPG	F	0.01%	0.0%	0.0%
	PRE	D	0.01%	0.0%	0.0%
	PRU	B	0.01%	0.0%	0.0%
	PSA	D	0.01%	0.0%	0.0%
	PSEC	F	0.01%	0.0%	0.0%
	PSX	C	0.01%	0.0%	0.0%
	PWR	B	0.01%	0.0%	0.0%
	PYPL	A	0.02%	0.0%	0.0%
	QCOM	F	0.02%	0.0%	0.0%
	R	B	0.01%	0.0%	0.0%
	REG	A	0.01%	0.0%	0.0%
	REGN	F	0.02%	0.0%	0.0%
	REXR	F	0.01%	0.0%	0.0%
	RF	A	0.01%	0.0%	0.0%
	RGA	A	0.01%	0.0%	0.0%
	RJF	A	0.03%	0.0%	0.0%
	RL	B	0.02%	0.0%	0.0%
	RNR	D	0.01%	0.0%	0.0%
	ROK	B	0.01%	0.0%	0.0%
	ROP	A	0.01%	0.0%	0.0%
	ROST	D	0.01%	0.0%	0.0%
	RPM	A	0.01%	0.0%	0.0%
	RPRX	F	0.01%	0.0%	0.0%
	RS	C	0.01%	0.0%	0.0%
	RSG	B	0.01%	0.0%	0.0%
	RTX	D	0.01%	0.0%	0.0%
	SAFE	F	0.01%	0.0%	0.0%
	SAVE	F	0.01%	0.0%	0.0%
	SBRA	C	0.01%	0.0%	0.0%
	SBUX	B	0.01%	0.0%	0.0%
	SCHW	B	0.01%	0.0%	0.0%
	SCS	B	0.01%	0.0%	0.0%
	SF	A	0.01%	0.0%	0.0%
	SHW	A	0.01%	0.0%	0.0%
	SITC	F	0.01%	0.0%	0.0%
	SJM	F	0.01%	0.0%	0.0%
	SKT	A	0.01%	0.0%	0.0%
	SLB	C	0.03%	0.0%	0.0%
	SNA	A	0.01%	0.0%	0.0%
	SNX	C	0.01%	0.0%	0.0%
	SO	D	0.01%	0.0%	0.0%
	SON	F	0.01%	0.0%	0.0%
	SPG	A	0.01%	0.0%	0.0%
	SPGI	C	0.01%	0.0%	0.0%
	SRE	B	0.01%	0.0%	0.0%
	STE	D	0.01%	0.0%	0.0%
	STLD	C	0.01%	0.0%	0.0%
	STT	B	0.01%	0.0%	0.0%
	STZ	D	0.01%	0.0%	0.0%
	SUI	F	0.01%	0.0%	0.0%
	SWK	F	0.01%	0.0%	0.0%
	SWKS	F	0.01%	0.0%	0.0%
	SWX	B	0.01%	0.0%	0.0%
	SYF	B	0.02%	0.0%	0.0%
	SYK	A	0.02%	0.0%	0.0%
	SYY	D	0.02%	0.0%	0.0%
	T	A	0.01%	0.0%	0.0%
	TD	D	0.01%	0.0%	0.0%
	TDY	B	0.01%	0.0%	0.0%
	TEL	B	0.02%	0.0%	0.0%
	TFC	B	0.01%	0.0%	0.0%
	TGT	C	0.01%	0.0%	0.0%
	THG	A	0.01%	0.0%	0.0%
	TJX	A	0.01%	0.0%	0.0%
	TKR	F	0.01%	0.0%	0.0%
	TME	F	0.01%	0.0%	0.0%
	TMO	F	0.01%	0.0%	0.0%
	TMUS	A	0.04%	0.0%	0.0%
	TRMB	B	0.02%	0.0%	0.0%
	TSCO	D	0.01%	0.0%	0.0%
	TSN	B	0.03%	0.0%	0.0%
	TT	B	0.01%	0.0%	0.0%
	TXN	B	0.01%	0.0%	0.0%
	TXT	D	0.01%	0.0%	0.0%
	UAL	A	0.01%	0.0%	0.0%
	UDR	C	0.01%	0.0%	0.0%
	UHS	D	0.02%	0.01%	0.01%
	UNH	B	0.01%	0.0%	0.0%
	UNM	A	0.01%	0.0%	0.0%
	UNP	D	0.01%	0.0%	0.0%
	UPS	C	0.01%	0.0%	0.0%
	USB	B	0.01%	0.0%	0.0%
	V	A	0.01%	0.0%	0.0%
	VFC	C	0.01%	0.0%	0.0%
	VLO	C	0.01%	0.0%	0.0%
	VMC	B	0.01%	0.0%	0.0%
	VNO	C	0.01%	0.0%	0.0%
	VNT	C	0.01%	0.0%	0.0%
	VOD	F	0.02%	0.0%	0.0%
	VOYA	B	0.01%	0.0%	0.0%
	VRSK	A	0.01%	0.0%	0.0%
	VRSN	C	0.02%	0.0%	0.0%
	VTR	C	0.01%	0.0%	0.0%
	VZ	D	0.01%	0.0%	0.0%
	WAB	B	0.02%	0.0%	0.0%
	WB	F	0.01%	0.0%	0.0%
	WBA	D	0.01%	0.0%	0.0%
	WBS	A	0.01%	0.0%	0.0%
	WEC	B	0.01%	0.0%	0.0%
	WELL	B	0.01%	0.0%	0.0%
	WEST	D	0.01%	0.0%	0.0%
	WFC	A	0.04%	0.0%	0.0%
	WHR	B	0.01%	0.0%	0.0%
	WIT	B	0.35%	0.08%	0.08%
	WLK	F	0.01%	0.0%	0.0%
	WM	A	0.01%	0.0%	0.0%
	WMB	B	0.01%	0.0%	0.0%
	WMT	A	0.01%	0.0%	0.0%
	WPC	F	0.01%	0.0%	0.0%
	WTRG	C	0.01%	0.0%	0.0%
	WU	F	0.01%	0.0%	0.0%
	WY	F	0.02%	0.0%	0.0%
	XEL	A	0.01%	0.0%	0.0%
	XOM	B	0.01%	0.0%	0.0%
	XRAY	F	0.02%	0.0%	0.0%
	XYL	F	0.01%	0.0%	0.0%
	ZBH	C	0.02%	0.0%	0.0%
	ZION	B	0.01%	0.0%	0.0%
	ZTS	D	0.01%	0.0%	0.0%

BIV Overweight 7 Positions Relative to SCHZ

	Symbol	Grade	Weight
	QRVO	F	0.02%
	VTRS	B	0.02%
	ET	A	0.02%
	WTFC	B	0.01%
	AAT	B	0.01%
	RYN	F	0.01%
	EXR	D	0.01%

BIV Underweight 62 Positions Relative to SCHZ

	Symbol	Grade	Weight
	MCHP	F	-0.01%
	STLA	F	-0.01%
	EDC	F	-0.01%
	CTS	C	-0.01%
	COO	D	-0.0%
	VLY	B	-0.0%
	SAN	D	-0.0%
	SIGI	B	-0.0%
	ALB	C	-0.0%
	CDNS	B	-0.0%
	COKE	C	-0.0%
	CACC	D	-0.0%
	AVA	C	-0.0%
	VMI	B	-0.0%
	WRB	B	-0.0%
	CHH	B	-0.0%
	HOG	D	-0.0%
	IDA	A	-0.0%
	EXP	B	-0.0%
	BCSF	A	-0.0%
	SLG	C	-0.0%
	SNV	B	-0.0%
	GSBD	F	-0.0%
	EG	D	-0.0%
	G	B	-0.0%
	CTRA	B	-0.0%
	MAIN	A	-0.0%
	TPR	A	-0.0%
	ORI	A	-0.0%
	PNR	A	-0.0%
	PCAR	B	-0.0%
	NWE	C	-0.0%
	FHN	A	-0.0%
	URI	B	-0.0%
	AJG	A	-0.0%
	AWH	F	-0.0%
	PVH	C	-0.0%
	JBLU	C	-0.0%
	EE	B	-0.0%
	IVZ	B	-0.0%
	AMP	A	-0.0%
	JBHT	C	-0.0%
	FTV	C	-0.0%
	CL	F	-0.0%
	IP	B	-0.0%
	PPL	A	-0.0%
	CF	B	-0.0%
	MCK	B	-0.0%
	GLW	B	-0.0%
	CAF	C	-0.0%
	FE	D	-0.0%
	GWW	B	-0.0%
	SCCO	F	-0.0%
	COE	D	-0.0%
	TAP	B	-0.0%
	TRV	B	-0.0%
	CM	A	-0.0%
	RY	C	-0.0%
	ALLY	C	-0.0%
	BHP	F	-0.0%
	CSCO	A	-0.0%
	HPE	B	-0.0%

BIV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Diversified Industrials REIT - Retail Asset Management Drug Manufacturers - Major Insurance - Property & Casualty Banks - Global Packaged Foods REIT - Office Semiconductors Specialty Chemicals Specialty Retail Business Services Credit Services Insurance - Life REIT - Residential Capital Markets Aerospace & Defense Diagnostics & Research

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

SCHZ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Asset Management Diversified Industrials Insurance - Property & Casualty Banks - Global REIT - Retail Credit Services Drug Manufacturers - Major REIT - Office Specialty Chemicals Business Services Packaged Foods Semiconductors Specialty Retail Utilities - Diversified Insurance - Life REIT - Residential Capital Markets Diagnostics & Research

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Real Estate Investment Trust Bank Electricity Banking Insurance Products Dow Jones Component Electronics Chemical Investment Bank Computing Mining Aerospace Financial Products Cash Management Disability Plastic