BIV vs. VCIT ETF Comparison

Comparison of Vanguard Intermediate-Term Bond ETF (BIV) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

$75.72

Average Daily Volume

830,849

Number of Holdings ^*

488

* 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

$80.94

Average Daily Volume

5,964,354

Number of Holdings ^*

492

* may have additional holdings in another (foreign) market

Performance

Period	BIV	VCIT
30 Days	1.68%	1.70%
60 Days	2.36%	2.52%
90 Days	3.31%	3.50%
12 Months	4.55%	7.43%

486 Overlapping Holdings

Symbol	Grade	Weight in BIV	Weight in VCIT	Overlap
A	D	0.01%	0.02%	0.01%
AAL	F	0.01%	0.01%	0.01%
AAP	F	0.02%	0.01%	0.01%
AAPL	A	0.01%	0.01%	0.01%
AAT	B	0.01%	0.03%	0.01%
ABBV	C	0.05%	0.13%	0.05%
ABT	D	0.01%	0.02%	0.01%
ACGL	D	0.01%	0.03%	0.01%
ADBE	B	0.02%	0.05%	0.02%
ADC	B	0.01%	0.01%	0.01%
ADI	B	0.02%	0.04%	0.02%
ADM	C	0.02%	0.05%	0.02%
ADP	D	0.02%	0.04%	0.02%
ADSK	B	0.01%	0.03%	0.01%
AEE	D	0.01%	0.01%	0.01%
AEL	A	0.01%	0.03%	0.01%
AEP	C	0.01%	0.01%	0.01%
AER	B	0.01%	0.04%	0.01%
AES	D	0.01%	0.02%	0.01%
AFG	D	0.01%	0.02%	0.01%
AFL	B	0.01%	0.01%	0.01%
AGO	B	0.01%	0.03%	0.01%
AGR	D	0.01%	0.04%	0.01%
AIG	C	0.01%	0.02%	0.01%
AIZ	D	0.01%	0.02%	0.01%
AL	D	0.01%	0.01%	0.01%
ALL	D	0.01%	0.02%	0.01%
ALLE	D	0.01%	0.02%	0.01%
AMAT	A	0.01%	0.04%	0.01%
AMCR	C	0.01%	0.01%	0.01%
AMG	C	0.02%	0.04%	0.02%
AMGN	B	0.01%	0.01%	0.01%
AMH	B	0.01%	0.02%	0.01%
AMT	B	0.01%	0.03%	0.01%
AMZN	A	0.02%	0.09%	0.02%
AN	D	0.01%	0.02%	0.01%
AON	C	0.01%	0.01%	0.01%
APD	D	0.01%	0.02%	0.01%
APH	B	0.01%	0.02%	0.01%
APTV	D	0.01%	0.01%	0.01%
ARCC	B	0.02%	0.05%	0.02%
ARE	D	0.01%	0.01%	0.01%
ARW	D	0.01%	0.03%	0.01%
ATO	C	0.01%	0.02%	0.01%
AVB	B	0.01%	0.02%	0.01%
AVGO	B	0.01%	0.01%	0.01%
AVT	C	0.01%	0.02%	0.01%
AVY	D	0.01%	0.02%	0.01%
AWK	C	0.01%	0.02%	0.01%
AXP	B	0.05%	0.11%	0.05%
AXS	B	0.01%	0.01%	0.01%
AYI	D	0.01%	0.03%	0.01%
AZN	C	0.01%	0.05%	0.01%
AZO	D	0.01%	0.03%	0.01%
BA	C	0.01%	0.03%	0.01%
BABA	D	0.03%	0.07%	0.03%
BAC	A	0.01%	0.01%	0.01%
BAX	D	0.01%	0.02%	0.01%
BBY	B	0.01%	0.02%	0.01%
BC	D	0.02%	0.03%	0.02%
BDN	D	0.01%	0.03%	0.01%
BDX	F	0.01%	0.03%	0.01%
BEN	D	0.01%	0.04%	0.01%
BERY	D	0.01%	0.03%	0.01%
BG	B	0.01%	0.03%	0.01%
BHF	D	0.01%	0.05%	0.01%
BIDU	D	0.01%	0.02%	0.01%
BIIB	C	0.04%	0.07%	0.04%
BK	A	0.01%	0.01%	0.01%
BKH	D	0.01%	0.01%	0.01%
BKNG	B	0.01%	0.03%	0.01%
BKU	B	0.01%	0.02%	0.01%
BLK	B	0.01%	0.04%	0.01%
BMO	D	0.03%	0.05%	0.03%
BMY	D	0.01%	0.03%	0.01%
BNS	C	0.01%	0.03%	0.01%
BR	B	0.02%	0.04%	0.02%
BRO	B	0.01%	0.02%	0.01%
BRX	B	0.01%	0.01%	0.01%
BSX	B	0.02%	0.01%	0.01%
BWA	D	0.03%	0.01%	0.01%
BXP	B	0.01%	0.02%	0.01%
C	A	0.01%	0.02%	0.01%
CAG	D	0.02%	0.01%	0.01%
CAH	D	0.03%	0.05%	0.03%
CARR	C	0.02%	0.04%	0.02%
CAT	D	0.01%	0.02%	0.01%
CB	C	0.03%	0.01%	0.01%
CBOE	D	0.01%	0.02%	0.01%
CBT	D	0.01%	0.01%	0.01%
CCI	D	0.01%	0.03%	0.01%
CE	D	0.01%	0.02%	0.01%
CFG	B	0.01%	0.03%	0.01%
CHD	D	0.01%	0.02%	0.01%
CHRW	C	0.02%	0.03%	0.02%
CHTR	C	0.02%	0.06%	0.02%
CI	D	0.01%	0.02%	0.01%
CINF	B	0.01%	0.02%	0.01%
CLX	D	0.01%	0.01%	0.01%
CMA	B	0.01%	0.03%	0.01%
CMCSA	F	0.01%	0.02%	0.01%
CME	D	0.01%	0.03%	0.01%
CMI	D	0.01%	0.04%	0.01%
CMS	C	0.01%	0.02%	0.01%
CNA	B	0.01%	0.01%	0.01%
CNH	F	0.01%	0.04%	0.01%
CNO	B	0.02%	0.03%	0.02%
CNP	C	0.01%	0.02%	0.01%
COF	D	0.01%	0.03%	0.01%
COP	D	0.01%	0.01%	0.01%
COST	B	0.01%	0.07%	0.01%
CP	B	0.01%	0.02%	0.01%
CPB	B	0.02%	0.03%	0.02%
CPT	B	0.01%	0.02%	0.01%
CRM	F	0.02%	0.07%	0.02%
CSL	C	0.01%	0.03%	0.01%
CSX	D	0.01%	0.02%	0.01%
CTAS	A	0.02%	0.05%	0.02%
CTVA	D	0.01%	0.02%	0.01%
CUBE	C	0.01%	0.01%	0.01%
CVS	F	0.01%	0.02%	0.01%
CVX	D	0.01%	0.01%	0.01%
D	D	0.01%	0.01%	0.01%
DAL	D	0.02%	0.03%	0.02%
DB	B	0.01%	0.07%	0.01%
DD	B	0.05%	0.1%	0.05%
DE	F	0.01%	0.01%	0.01%
DELL	B	0.01%	0.04%	0.01%
DFS	C	0.02%	0.01%	0.01%
DG	F	0.01%	0.03%	0.01%
DGX	C	0.01%	0.01%	0.01%
DHI	D	0.01%	0.02%	0.01%
DHR	D	0.01%	0.04%	0.01%
DIS	F	0.01%	0.03%	0.01%
DLR	A	0.02%	0.03%	0.02%
DLTR	F	0.03%	0.07%	0.03%
DOC	B	0.02%	0.01%	0.01%
DOV	C	0.01%	0.02%	0.01%
DOW	D	0.01%	0.01%	0.01%
DOX	F	0.02%	0.03%	0.02%
DRI	F	0.01%	0.02%	0.01%
DSS	F	0.01%	0.02%	0.01%
DT	F	0.11%	0.28%	0.11%
DTE	D	0.01%	0.01%	0.01%
DUK	B	0.01%	0.01%	0.01%
DVN	D	0.01%	0.01%	0.01%
DXC	C	0.02%	0.03%	0.02%
EA	A	0.02%	0.04%	0.02%
EBAY	C	0.02%	0.04%	0.02%
ECL	B	0.01%	0.01%	0.01%
ED	D	0.01%	0.01%	0.01%
EFX	C	0.02%	0.03%	0.02%
EIX	C	0.01%	0.01%	0.01%
EL	F	0.01%	0.02%	0.01%
EMN	D	0.01%	0.03%	0.01%
EMR	C	0.01%	0.01%	0.01%
EOG	B	0.02%	0.05%	0.02%
EPD	B	0.01%	0.03%	0.01%
EPR	B	0.01%	0.02%	0.01%
EPRT	A	0.01%	0.02%	0.01%
EQH	A	0.01%	0.01%	0.01%
EQIX	C	0.01%	0.02%	0.01%
EQR	B	0.01%	0.02%	0.01%
ES	D	0.01%	0.01%	0.01%
ESGR	B	0.03%	0.02%	0.02%
ESS	B	0.01%	0.01%	0.01%
ET	B	0.02%	0.04%	0.02%
ETN	C	0.02%	0.03%	0.02%
ETR	D	0.01%	0.01%	0.01%
EVRG	C	0.01%	0.01%	0.01%
EW	B	0.01%	0.03%	0.01%
EXC	D	0.01%	0.01%	0.01%
EXPE	B	0.02%	0.05%	0.02%
EXR	C	0.01%	0.02%	0.01%
FAF	D	0.01%	0.03%	0.01%
FANG	B	0.01%	0.04%	0.01%
FDX	C	0.01%	0.02%	0.01%
FIS	D	0.01%	0.03%	0.01%
FITB	C	0.01%	0.03%	0.01%
FLEX	D	0.01%	0.03%	0.01%
FLO	D	0.01%	0.01%	0.01%
FLS	D	0.01%	0.03%	0.01%
FMC	F	0.01%	0.03%	0.01%
FNF	D	0.01%	0.02%	0.01%
FOXA	A	0.02%	0.03%	0.02%
FRT	B	0.01%	0.02%	0.01%
FSK	A	0.01%	0.02%	0.01%
FTNT	F	0.01%	0.02%	0.01%
GBDC	D	0.01%	0.01%	0.01%
GD	D	0.02%	0.01%	0.01%
GE	C	0.02%	0.04%	0.02%
GILD	C	0.01%	0.01%	0.01%
GIS	D	0.01%	0.04%	0.01%
GL	D	0.01%	0.02%	0.01%
GLPI	B	0.01%	0.03%	0.01%
GM	B	0.01%	0.02%	0.01%
GOOGL	A	0.02%	0.04%	0.02%
GP	F	0.01%	0.01%	0.01%
GPC	F	0.01%	0.02%	0.01%
GPN	F	0.01%	0.02%	0.01%
GS	A	0.01%	0.05%	0.01%
GSK	D	0.02%	0.04%	0.02%
GXO	F	0.01%	0.02%	0.01%
H	B	0.01%	0.02%	0.01%
HAL	F	0.02%	0.06%	0.02%
HAS	D	0.01%	0.01%	0.01%
HBAN	D	0.01%	0.02%	0.01%
HCA	D	0.02%	0.05%	0.02%
HD	B	0.01%	0.03%	0.01%
HES	D	0.01%	0.02%	0.01%
HIG	D	0.02%	0.03%	0.02%
HII	D	0.01%	0.01%	0.01%
HIW	B	0.01%	0.01%	0.01%
HON	B	0.01%	0.01%	0.01%
HP	D	0.01%	0.03%	0.01%
HPP	F	0.01%	0.01%	0.01%
HPQ	B	0.02%	0.04%	0.02%
HR	B	0.01%	0.02%	0.01%
HRB	C	0.01%	0.03%	0.01%
HRL	D	0.01%	0.01%	0.01%
HSBC	D	0.01%	0.01%	0.01%
HST	D	0.02%	0.03%	0.02%
HSY	D	0.01%	0.01%	0.01%
HUBB	D	0.01%	0.01%	0.01%
HUM	C	0.01%	0.01%	0.01%
HUN	F	0.01%	0.02%	0.01%
IBM	B	0.01%	0.01%	0.01%
ICE	A	0.01%	0.03%	0.01%
IEX	D	0.01%	0.05%	0.01%
IFF	B	0.01%	0.02%	0.01%
ILMN	D	0.01%	0.03%	0.01%
INGR	C	0.01%	0.03%	0.01%
INTC	C	0.01%	0.05%	0.01%
INTU	C	0.01%	0.02%	0.01%
INVH	B	0.02%	0.04%	0.02%
IPG	F	0.01%	0.02%	0.01%
ITW	D	0.01%	0.04%	0.01%
JBL	D	0.01%	0.03%	0.01%
JCI	D	0.01%	0.02%	0.01%
JD	D	0.01%	0.03%	0.01%
JEF	A	0.01%	0.02%	0.01%
JNJ	D	0.01%	0.01%	0.01%
JNPR	B	0.01%	0.03%	0.01%
JPM	B	0.01%	0.01%	0.01%
K	D	0.01%	0.02%	0.01%
KDP	D	0.01%	0.03%	0.01%
KEX	C	0.01%	0.03%	0.01%
KEY	C	0.01%	0.02%	0.01%
KEYS	D	0.01%	0.03%	0.01%
KIM	B	0.01%	0.02%	0.01%
KLAC	A	0.02%	0.04%	0.02%
KMB	B	0.01%	0.02%	0.01%
KMI	A	0.01%	0.01%	0.01%
KMPR	B	0.01%	0.01%	0.01%
KMT	F	0.01%	0.01%	0.01%
KO	C	0.01%	0.01%	0.01%
KOF	D	0.03%	0.06%	0.03%
KR	C	0.01%	0.01%	0.01%
KRC	D	0.01%	0.02%	0.01%
KRG	B	0.01%	0.01%	0.01%
KSS	F	0.01%	0.03%	0.01%
L	C	0.01%	0.04%	0.01%
LAZ	C	0.01%	0.02%	0.01%
LDOS	B	0.02%	0.05%	0.02%
LEA	F	0.01%	0.02%	0.01%
LEG	F	0.01%	0.02%	0.01%
LEN	D	0.01%	0.01%	0.01%
LH	D	0.01%	0.01%	0.01%
LHX	A	0.01%	0.01%	0.01%
LII	B	0.01%	0.02%	0.01%
LIN	B	0.01%	0.03%	0.01%
LLY	A	0.01%	0.03%	0.01%
LMT	C	0.02%	0.04%	0.02%
LNC	B	0.01%	0.02%	0.01%
LNT	B	0.01%	0.01%	0.01%
LOW	D	0.01%	0.01%	0.01%
LRCX	A	0.02%	0.04%	0.02%
LUV	C	0.01%	0.01%	0.01%
LVS	F	0.02%	0.04%	0.02%
LXP	B	0.01%	0.01%	0.01%
LYB	D	0.01%	0.03%	0.01%
MA	D	0.01%	0.03%	0.01%
MAA	C	0.01%	0.01%	0.01%
MAR	B	0.01%	0.01%	0.01%
MAS	D	0.01%	0.02%	0.01%
MCD	F	0.02%	0.01%	0.01%
MCO	A	0.01%	0.02%	0.01%
MCY	D	0.01%	0.02%	0.01%
MDC	A	0.01%	0.03%	0.01%
MDLZ	D	0.01%	0.02%	0.01%
MDT	D	0.01%	0.02%	0.01%
MET	C	0.02%	0.07%	0.02%
MHK	D	0.01%	0.02%	0.01%
MKC	C	0.01%	0.01%	0.01%
MKL	D	0.01%	0.01%	0.01%
MLM	D	0.01%	0.01%	0.01%
MMC	B	0.02%	0.04%	0.02%
MMM	B	0.01%	0.02%	0.01%
MO	A	0.01%	0.02%	0.01%
MOS	F	0.02%	0.04%	0.02%
MPC	F	0.01%	0.04%	0.01%
MPLX	C	0.02%	0.04%	0.02%
MRK	C	0.02%	0.06%	0.02%
MRO	C	0.02%	0.05%	0.02%
MRVL	B	0.01%	0.03%	0.01%
MS	A	0.04%	0.01%	0.01%
MSFT	A	0.1%	0.23%	0.1%
MSI	A	0.01%	0.02%	0.01%
MTB	B	0.02%	0.04%	0.02%
MU	B	0.02%	0.03%	0.02%
MUFG	B	0.02%	0.03%	0.02%
NDAQ	B	0.01%	0.03%	0.01%
NEE	D	0.01%	0.01%	0.01%
NEM	A	0.02%	0.05%	0.02%
NEU	F	0.01%	0.01%	0.01%
NFG	C	0.01%	0.01%	0.01%
NHI	A	0.01%	0.02%	0.01%
NI	A	0.02%	0.03%	0.02%
NKE	F	0.01%	0.04%	0.01%
NNN	B	0.01%	0.01%	0.01%
NOC	F	0.02%	0.02%	0.02%
NOV	D	0.01%	0.02%	0.01%
NOW	C	0.03%	0.07%	0.03%
NSC	D	0.01%	0.01%	0.01%
NTAP	A	0.01%	0.03%	0.01%
NTRS	B	0.01%	0.02%	0.01%
NUE	F	0.01%	0.02%	0.01%
NVDA	B	0.03%	0.06%	0.03%
NVR	C	0.01%	0.05%	0.01%
NVT	D	0.01%	0.02%	0.01%
NWG	B	0.02%	0.05%	0.02%
NXPI	B	0.01%	0.03%	0.01%
O	C	0.01%	0.03%	0.01%
OC	D	0.01%	0.02%	0.01%
OCSL	D	0.01%	0.01%	0.01%
OGE	C	0.01%	0.01%	0.01%
OGS	B	0.01%	0.01%	0.01%
OHI	A	0.01%	0.01%	0.01%
OKE	B	0.01%	0.01%	0.01%
OMC	C	0.01%	0.03%	0.01%
OPI	F	0.01%	0.01%	0.01%
ORCL	C	0.01%	0.02%	0.01%
ORLY	C	0.01%	0.01%	0.01%
OSK	F	0.01%	0.02%	0.01%
OTIS	B	0.01%	0.04%	0.01%
PAA	B	0.01%	0.04%	0.01%
PCG	C	0.01%	0.01%	0.01%
PDM	B	0.01%	0.02%	0.01%
PEG	A	0.01%	0.01%	0.01%
PEP	D	0.01%	0.02%	0.01%
PFE	C	0.01%	0.03%	0.01%
PFG	C	0.01%	0.02%	0.01%
PG	B	0.01%	0.04%	0.01%
PGR	B	0.02%	0.01%	0.01%
PH	D	0.02%	0.05%	0.02%
PHM	D	0.01%	0.03%	0.01%
PKG	D	0.01%	0.02%	0.01%
PLD	B	0.01%	0.01%	0.01%
PM	A	0.01%	0.02%	0.01%
PNC	A	0.01%	0.01%	0.01%
PNW	C	0.01%	0.01%	0.01%
PPG	D	0.01%	0.02%	0.01%
PRE	C	0.01%	0.02%	0.01%
PRU	A	0.01%	0.02%	0.01%
PSA	C	0.01%	0.01%	0.01%
PSEC	B	0.01%	0.01%	0.01%
PSX	F	0.01%	0.04%	0.01%
PWR	D	0.01%	0.05%	0.01%
PXD	B	0.02%	0.05%	0.02%
PYPL	D	0.02%	0.05%	0.02%
QCOM	B	0.02%	0.05%	0.02%
QRVO	A	0.02%	0.05%	0.02%
R	D	0.01%	0.02%	0.01%
REG	B	0.01%	0.02%	0.01%
REGN	B	0.02%	0.06%	0.02%
REXR	C	0.01%	0.01%	0.01%
RF	B	0.01%	0.03%	0.01%
RGA	B	0.01%	0.03%	0.01%
RJF	D	0.03%	0.07%	0.03%
RL	C	0.02%	0.03%	0.02%
RNR	D	0.01%	0.01%	0.01%
ROK	C	0.01%	0.01%	0.01%
ROP	C	0.01%	0.03%	0.01%
ROST	B	0.01%	0.02%	0.01%
RPM	D	0.01%	0.03%	0.01%
RPRX	F	0.01%	0.02%	0.01%
RS	D	0.01%	0.02%	0.01%
RSG	A	0.01%	0.01%	0.01%
RTX	D	0.01%	0.01%	0.01%
RYN	F	0.01%	0.02%	0.01%
SAFE	D	0.01%	0.02%	0.01%
SAVE	F	0.01%	0.01%	0.01%
SBRA	B	0.01%	0.03%	0.01%
SBUX	F	0.01%	0.02%	0.01%
SCHW	C	0.01%	0.01%	0.01%
SCS	C	0.01%	0.03%	0.01%
SF	B	0.01%	0.02%	0.01%
SHW	C	0.01%	0.02%	0.01%
SITC	A	0.01%	0.02%	0.01%
SJM	F	0.01%	0.03%	0.01%
SKT	D	0.01%	0.02%	0.01%
SLB	D	0.03%	0.05%	0.03%
SNA	D	0.01%	0.01%	0.01%
SNX	D	0.01%	0.03%	0.01%
SO	B	0.01%	0.02%	0.01%
SON	F	0.01%	0.03%	0.01%
SPG	B	0.01%	0.01%	0.01%
SPGI	A	0.01%	0.02%	0.01%
SRE	B	0.01%	0.03%	0.01%
STE	D	0.01%	0.05%	0.01%
STLD	D	0.01%	0.02%	0.01%
STT	C	0.01%	0.01%	0.01%
STZ	C	0.01%	0.02%	0.01%
SUI	C	0.01%	0.01%	0.01%
SWK	D	0.01%	0.03%	0.01%
SWKS	B	0.01%	0.03%	0.01%
SWX	D	0.01%	0.01%	0.01%
SYF	B	0.02%	0.03%	0.02%
SYK	B	0.02%	0.02%	0.02%
SYY	D	0.02%	0.05%	0.02%
T	B	0.01%	0.05%	0.01%
TCN	A	0.01%	0.01%	0.01%
TD	D	0.01%	0.05%	0.01%
TDY	D	0.01%	0.03%	0.01%
TEL	A	0.02%	0.03%	0.02%
TFC	B	0.01%	0.02%	0.01%
TGT	D	0.01%	0.02%	0.01%
THG	D	0.01%	0.01%	0.01%
TJX	A	0.01%	0.01%	0.01%
TKR	D	0.01%	0.02%	0.01%
TME	B	0.01%	0.02%	0.01%
TMO	D	0.01%	0.03%	0.01%
TMUS	B	0.04%	0.09%	0.04%
TRMB	D	0.02%	0.03%	0.02%
TSCO	D	0.01%	0.03%	0.01%
TSN	D	0.03%	0.06%	0.03%
TT	B	0.01%	0.03%	0.01%
TXN	B	0.01%	0.02%	0.01%
TXT	D	0.01%	0.01%	0.01%
UAL	D	0.01%	0.01%	0.01%
UDR	B	0.01%	0.01%	0.01%
UHS	C	0.02%	0.04%	0.02%
UNH	D	0.01%	0.01%	0.01%
UNM	C	0.01%	0.02%	0.01%
UNP	D	0.01%	0.02%	0.01%
UPS	F	0.01%	0.03%	0.01%
USB	C	0.01%	0.01%	0.01%
V	D	0.01%	0.03%	0.01%
VFC	D	0.01%	0.03%	0.01%
VLO	D	0.01%	0.03%	0.01%
VMC	D	0.01%	0.02%	0.01%
VNO	B	0.01%	0.02%	0.01%
VNT	D	0.01%	0.03%	0.01%
VOD	A	0.02%	0.04%	0.02%
VOYA	D	0.01%	0.02%	0.01%
VRSK	A	0.01%	0.06%	0.01%
VRSN	F	0.02%	0.04%	0.02%
VTR	B	0.01%	0.02%	0.01%
VTRS	C	0.02%	0.04%	0.02%
VZ	B	0.01%	0.04%	0.01%
WAB	C	0.02%	0.04%	0.02%
WB	D	0.01%	0.03%	0.01%
WBA	F	0.01%	0.02%	0.01%
WBS	D	0.01%	0.02%	0.01%
WEC	D	0.01%	0.01%	0.01%
WELL	B	0.01%	0.01%	0.01%
WFC	C	0.04%	0.01%	0.01%
WHR	C	0.01%	0.01%	0.01%
WIT	B	0.35%	0.15%	0.15%
WLK	D	0.01%	0.01%	0.01%
WM	B	0.01%	0.01%	0.01%
WMB	B	0.01%	0.01%	0.01%
WMT	A	0.01%	0.01%	0.01%
WPC	D	0.01%	0.02%	0.01%
WRK	C	0.01%	0.01%	0.01%
WTFC	B	0.01%	0.01%	0.01%
WTRG	C	0.01%	0.03%	0.01%
WU	D	0.01%	0.02%	0.01%
WY	F	0.02%	0.01%	0.01%
XEL	D	0.01%	0.01%	0.01%
XOM	D	0.01%	0.01%	0.01%
XRAY	F	0.02%	0.04%	0.02%
XYL	C	0.01%	0.02%	0.01%
ZBH	F	0.02%	0.05%	0.02%
ZION	A	0.01%	0.03%	0.01%
ZTS	C	0.01%	0.02%	0.01%

BIV Overweight 2 Positions Relative to VCIT

	Symbol	Grade	Weight
	MP	D	0.01%
	EQNR	D	0.01%

BIV Underweight 6 Positions Relative to VCIT

Symbol	Grade	Weight
URI	D	-0.04%
EXP	D	-0.04%
FHN	B	-0.03%
GOOG	A	-0.01%
PNR	D	-0.01%
CHH	B	-0.01%