BND vs. GSPY ETF Comparison

Comparison of Vanguard Total Bond Market ETF (BND) to Gotham Enhanced 500 ETF (GSPY)

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

$75.30

Average Daily Volume

5,714,120

Number of Holdings ^*

546

* may have additional holdings in another (foreign) market

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$31.22

Average Daily Volume

42,011

Number of Holdings ^*

493

* may have additional holdings in another (foreign) market

Performance

Period	BND	GSPY
30 Days	1.08%	1.80%
60 Days	4.22%	3.30%
90 Days	4.79%	4.70%
12 Months	11.15%	31.74%

357 Overlapping Holdings

Symbol	Grade	Weight in BND	Weight in GSPY	Overlap
A	C	0.01%	0.03%	0.01%
AAL	D	0.01%	0.01%	0.01%
AAPL	C	0.01%	6.85%	0.01%
ABBV	C	0.01%	0.25%	0.01%
ABT	C	0.01%	0.41%	0.01%
ACGL	B	0.01%	0.03%	0.01%
ADBE	F	0.01%	0.18%	0.01%
ADI	C	0.01%	0.08%	0.01%
ADM	D	0.01%	0.15%	0.01%
ADP	B	0.01%	0.58%	0.01%
ADSK	C	0.01%	0.04%	0.01%
AEE	A	0.01%	0.02%	0.01%
AEP	C	0.01%	0.04%	0.01%
AES	C	0.01%	0.01%	0.01%
AFL	C	0.01%	0.04%	0.01%
AIG	D	0.01%	0.03%	0.01%
AIZ	B	0.01%	0.01%	0.01%
AJG	D	0.01%	0.13%	0.01%
ALB	F	0.01%	0.01%	0.01%
ALL	B	0.01%	0.03%	0.01%
ALLE	C	0.01%	0.01%	0.01%
AMAT	D	0.01%	0.75%	0.01%
AMCR	C	0.01%	0.08%	0.01%
AMGN	B	0.01%	0.12%	0.01%
AMP	B	0.01%	0.08%	0.01%
AMT	C	0.01%	0.08%	0.01%
AMZN	C	0.01%	4.62%	0.01%
AON	B	0.01%	0.23%	0.01%
APD	B	0.01%	0.04%	0.01%
APH	C	0.01%	0.05%	0.01%
APTV	D	0.01%	0.01%	0.01%
ARE	C	0.01%	0.01%	0.01%
ATO	B	0.01%	0.01%	0.01%
AVB	C	0.01%	0.02%	0.01%
AVGO	C	0.01%	0.85%	0.01%
AVY	D	0.01%	0.1%	0.01%
AWK	C	0.01%	0.02%	0.01%
AXP	B	0.01%	0.41%	0.01%
AZO	D	0.01%	0.04%	0.01%
BA	F	0.01%	0.07%	0.01%
BAC	D	0.01%	0.66%	0.01%
BAX	C	0.01%	0.01%	0.01%
BBY	C	0.01%	0.12%	0.01%
BDX	F	0.01%	0.05%	0.01%
BEN	F	0.01%	0.06%	0.01%
BG	D	0.01%	0.01%	0.01%
BIIB	F	0.01%	0.02%	0.01%
BK	A	0.01%	0.1%	0.01%
BKNG	B	0.01%	0.09%	0.01%
BLK	B	0.01%	0.31%	0.01%
BMY	C	0.01%	0.07%	0.01%
BR	D	0.01%	0.13%	0.01%
BRO	C	0.01%	0.18%	0.01%
BSX	B	0.01%	0.09%	0.01%
BWA	D	0.01%	0.01%	0.01%
BXP	B	0.01%	0.01%	0.01%
C	D	0.01%	0.23%	0.01%
CAG	C	0.01%	0.01%	0.01%
CAH	C	0.01%	0.02%	0.01%
CARR	B	0.01%	0.05%	0.01%
CAT	B	0.01%	0.99%	0.01%
CB	B	0.01%	0.28%	0.01%
CBOE	C	0.01%	0.01%	0.01%
CCI	C	0.01%	0.04%	0.01%
CDNS	D	0.01%	0.05%	0.01%
CE	F	0.01%	0.01%	0.01%
CF	C	0.01%	0.01%	0.01%
CFG	C	0.01%	0.04%	0.01%
CHD	C	0.01%	0.02%	0.01%
CHRW	A	0.01%	0.01%	0.01%
CHTR	D	0.01%	0.09%	0.01%
CI	C	0.01%	0.6%	0.01%
CINF	C	0.01%	0.01%	0.01%
CL	C	0.01%	0.4%	0.01%
CLX	C	0.01%	0.01%	0.01%
CMCSA	D	0.01%	0.31%	0.01%
CME	C	0.01%	0.06%	0.01%
CMI	C	0.01%	0.24%	0.01%
CMS	B	0.01%	0.01%	0.01%
CNP	D	0.01%	0.01%	0.01%
COF	A	0.01%	0.11%	0.01%
COP	D	0.01%	0.4%	0.01%
COST	B	0.01%	0.28%	0.01%
CPB	B	0.01%	0.01%	0.01%
CPT	B	0.01%	0.01%	0.01%
CRM	D	0.01%	0.17%	0.01%
CSCO	B	0.01%	0.93%	0.01%
CSX	D	0.01%	0.33%	0.01%
CTAS	C	0.01%	0.05%	0.01%
CTVA	B	0.01%	0.03%	0.01%
CVS	F	0.01%	0.29%	0.01%
CVX	D	0.01%	0.61%	0.01%
D	B	0.01%	0.03%	0.01%
DAL	C	0.01%	0.16%	0.01%
DD	B	0.01%	0.17%	0.01%
DE	B	0.01%	0.08%	0.01%
DFS	B	0.01%	0.07%	0.01%
DG	F	0.01%	0.09%	0.01%
DGX	C	0.01%	0.01%	0.01%
DHI	C	0.01%	0.04%	0.01%
DHR	C	0.01%	0.41%	0.01%
DIS	D	0.01%	0.86%	0.01%
DLR	B	0.01%	0.03%	0.01%
DLTR	F	0.01%	0.01%	0.01%
DOC	C	0.01%	0.01%	0.01%
DOV	B	0.01%	0.14%	0.01%
DOW	D	0.01%	0.03%	0.01%
DRI	B	0.01%	0.02%	0.01%
DTE	B	0.01%	0.02%	0.01%
DUK	B	0.01%	0.06%	0.01%
DVN	D	0.01%	0.13%	0.01%
EA	D	0.01%	0.08%	0.01%
EBAY	B	0.01%	0.18%	0.01%
ECL	A	0.01%	0.05%	0.01%
ED	C	0.01%	0.02%	0.01%
EFX	C	0.01%	0.02%	0.01%
EG	C	0.01%	0.01%	0.01%
EIX	C	0.01%	0.02%	0.01%
EL	F	0.01%	0.02%	0.01%
EMN	B	0.01%	0.01%	0.01%
EMR	D	0.01%	0.28%	0.01%
EOG	D	0.01%	0.23%	0.01%
EQIX	B	0.01%	0.05%	0.01%
EQR	C	0.01%	0.02%	0.01%
ES	C	0.01%	0.02%	0.01%
ESS	C	0.01%	0.01%	0.01%
ETN	C	0.01%	0.08%	0.01%
ETR	A	0.01%	0.02%	0.01%
EVRG	B	0.01%	0.01%	0.01%
EW	F	0.01%	0.03%	0.01%
EXC	B	0.01%	0.03%	0.01%
EXPE	C	0.01%	0.01%	0.01%
EXR	B	0.01%	0.03%	0.01%
FANG	D	0.01%	0.16%	0.01%
FDX	F	0.01%	0.35%	0.01%
FE	C	0.01%	0.02%	0.01%
FIS	B	0.01%	0.03%	0.01%
FITB	B	0.01%	0.06%	0.01%
FMC	C	0.01%	0.01%	0.01%
FOXA	B	0.01%	0.1%	0.01%
FRT	C	0.01%	0.01%	0.01%
FTNT	B	0.01%	0.04%	0.01%
FTV	C	0.01%	0.02%	0.01%
GD	B	0.01%	0.06%	0.01%
GE	A	0.01%	1.03%	0.01%
GILD	B	0.01%	0.59%	0.01%
GIS	B	0.01%	0.03%	0.01%
GL	C	0.01%	0.01%	0.01%
GLW	B	0.01%	0.02%	0.01%
GM	B	0.01%	0.28%	0.01%
GOOGL	D	0.01%	4.12%	0.01%
GPC	D	0.01%	0.01%	0.01%
GPN	D	0.01%	0.02%	0.01%
GS	C	0.01%	0.36%	0.01%
GWW	A	0.01%	0.24%	0.01%
HAL	F	0.01%	0.13%	0.01%
HAS	B	0.01%	0.01%	0.01%
HBAN	B	0.01%	0.02%	0.01%
HCA	A	0.01%	0.53%	0.01%
HD	A	0.01%	1.06%	0.01%
HES	D	0.01%	0.03%	0.01%
HIG	B	0.01%	0.13%	0.01%
HII	D	0.01%	0.01%	0.01%
HON	D	0.01%	0.65%	0.01%
HPE	D	0.01%	0.11%	0.01%
HPQ	D	0.01%	0.2%	0.01%
HRL	D	0.01%	0.01%	0.01%
HST	C	0.01%	0.01%	0.01%
HSY	D	0.01%	0.03%	0.01%
HUBB	A	0.01%	0.01%	0.01%
HUM	F	0.01%	0.21%	0.01%
IBM	A	0.01%	0.13%	0.01%
ICE	C	0.01%	0.36%	0.01%
IEX	D	0.01%	0.01%	0.01%
IFF	C	0.01%	0.02%	0.01%
INTC	F	0.01%	0.06%	0.01%
INTU	C	0.01%	0.13%	0.01%
INVH	C	0.01%	0.02%	0.01%
IP	C	0.01%	0.08%	0.01%
IPG	C	0.01%	0.06%	0.01%
ITW	C	0.01%	0.27%	0.01%
IVZ	B	0.01%	0.01%	0.01%
JBHT	D	0.01%	0.01%	0.01%
JBL	D	0.01%	0.07%	0.01%
JCI	B	0.01%	0.12%	0.01%
JNJ	C	0.01%	1.28%	0.01%
JNPR	A	0.01%	0.01%	0.01%
JPM	D	0.01%	1.33%	0.01%
K	A	0.01%	0.03%	0.01%
KDP	B	0.01%	0.26%	0.01%
KEY	B	0.01%	0.03%	0.01%
KEYS	C	0.01%	0.02%	0.01%
KIM	C	0.01%	0.01%	0.01%
KLAC	D	0.01%	0.07%	0.01%
KMB	D	0.01%	0.3%	0.01%
KMI	A	0.01%	0.03%	0.01%
KO	B	0.01%	0.63%	0.01%
KR	C	0.01%	0.22%	0.01%
L	D	0.01%	0.09%	0.01%
LDOS	B	0.01%	0.13%	0.01%
LEN	C	0.01%	0.1%	0.01%
LHX	C	0.01%	0.03%	0.01%
LIN	B	0.01%	0.16%	0.01%
LLY	C	0.01%	0.58%	0.01%
LMT	B	0.01%	0.8%	0.01%
LNT	B	0.01%	0.01%	0.01%
LOW	A	0.01%	0.81%	0.01%
LRCX	F	0.01%	0.49%	0.01%
LUV	C	0.01%	0.01%	0.01%
LVS	D	0.01%	0.16%	0.01%
LYB	F	0.01%	0.16%	0.01%
MA	B	0.01%	0.92%	0.01%
MAA	C	0.01%	0.01%	0.01%
MAR	C	0.01%	0.33%	0.01%
MAS	B	0.01%	0.1%	0.01%
MCD	B	0.01%	0.34%	0.01%
MCHP	D	0.01%	0.03%	0.01%
MCK	F	0.01%	0.05%	0.01%
MCO	A	0.01%	0.06%	0.01%
MDLZ	C	0.01%	0.14%	0.01%
MDT	C	0.01%	0.08%	0.01%
MET	A	0.01%	0.04%	0.01%
MHK	C	0.01%	0.05%	0.01%
MKC	C	0.01%	0.02%	0.01%
MLM	D	0.01%	0.02%	0.01%
MMC	C	0.01%	0.08%	0.01%
MMM	A	0.01%	0.41%	0.01%
MO	C	0.01%	0.57%	0.01%
MOS	F	0.01%	0.01%	0.01%
MPC	D	0.01%	0.28%	0.01%
MRK	D	0.01%	1.13%	0.01%
MRO	C	0.01%	0.07%	0.01%
MS	C	0.01%	0.32%	0.01%
MSFT	C	0.01%	7.53%	0.01%
MSI	B	0.01%	0.05%	0.01%
MTB	A	0.01%	0.06%	0.01%
MU	F	0.01%	0.19%	0.01%
NDAQ	A	0.01%	0.13%	0.01%
NEE	C	0.01%	0.12%	0.01%
NEM	B	0.01%	0.04%	0.01%
NI	B	0.01%	0.01%	0.01%
NKE	D	0.01%	0.67%	0.01%
NOC	A	0.01%	0.16%	0.01%
NOW	A	0.01%	0.11%	0.01%
NSC	C	0.01%	0.04%	0.01%
NTAP	D	0.01%	0.14%	0.01%
NTRS	B	0.01%	0.04%	0.01%
NUE	F	0.01%	0.02%	0.01%
NVDA	D	0.01%	4.85%	0.01%
NVR	B	0.01%	0.02%	0.01%
NXPI	D	0.01%	0.04%	0.01%
O	C	0.01%	0.04%	0.01%
OKE	B	0.01%	0.04%	0.01%
OMC	B	0.01%	0.12%	0.01%
ORCL	B	0.01%	0.3%	0.01%
ORLY	D	0.01%	0.04%	0.01%
OTIS	C	0.01%	0.22%	0.01%
PCAR	D	0.01%	0.04%	0.01%
PCG	B	0.01%	0.09%	0.01%
PEG	A	0.01%	0.03%	0.01%
PEP	D	0.01%	0.17%	0.01%
PFE	C	0.01%	0.12%	0.01%
PFG	B	0.01%	0.01%	0.01%
PG	C	0.01%	0.3%	0.01%
PGR	A	0.01%	0.12%	0.01%
PH	A	0.01%	0.38%	0.01%
PHM	B	0.01%	0.02%	0.01%
PKG	B	0.01%	0.01%	0.01%
PLD	C	0.01%	0.09%	0.01%
PM	C	0.01%	1.13%	0.01%
PNC	A	0.01%	0.15%	0.01%
PNR	B	0.01%	0.07%	0.01%
PNW	B	0.01%	0.01%	0.01%
PPG	D	0.01%	0.02%	0.01%
PPL	B	0.01%	0.02%	0.01%
PRU	C	0.01%	0.15%	0.01%
PSA	B	0.01%	0.04%	0.01%
PSX	D	0.01%	0.27%	0.01%
PWR	B	0.01%	0.03%	0.01%
PYPL	B	0.01%	0.44%	0.01%
QCOM	F	0.01%	1.04%	0.01%
QRVO	F	0.01%	0.06%	0.01%
REG	C	0.01%	0.01%	0.01%
REGN	C	0.01%	0.09%	0.01%
RF	B	0.01%	0.02%	0.01%
RJF	C	0.01%	0.02%	0.01%
RL	B	0.01%	0.06%	0.01%
ROK	F	0.01%	0.02%	0.01%
ROP	C	0.01%	0.12%	0.01%
ROST	C	0.01%	0.29%	0.01%
RSG	D	0.01%	0.04%	0.01%
RTX	C	0.01%	0.12%	0.01%
SBUX	C	0.01%	0.08%	0.01%
SCHW	D	0.01%	0.2%	0.01%
SHW	B	0.01%	0.07%	0.01%
SJM	C	0.01%	0.01%	0.01%
SLB	F	0.01%	0.04%	0.01%
SNA	C	0.01%	0.09%	0.01%
SO	A	0.01%	0.07%	0.01%
SPG	A	0.01%	0.08%	0.01%
SPGI	A	0.01%	0.12%	0.01%
SRE	B	0.01%	0.04%	0.01%
STE	C	0.01%	0.01%	0.01%
STLD	D	0.01%	0.01%	0.01%
STT	B	0.01%	0.03%	0.01%
STZ	D	0.01%	0.03%	0.01%
SWK	B	0.01%	0.01%	0.01%
SWKS	F	0.01%	0.08%	0.01%
SYF	C	0.01%	0.04%	0.01%
SYK	C	0.01%	0.09%	0.01%
SYY	D	0.01%	0.2%	0.01%
T	C	0.01%	0.61%	0.01%
TAP	D	0.01%	0.07%	0.01%
TDY	C	0.01%	0.01%	0.01%
TEL	D	0.01%	0.26%	0.01%
TFC	D	0.01%	0.11%	0.01%
TGT	C	0.01%	0.35%	0.01%
TJX	C	0.01%	0.28%	0.01%
TMO	C	0.01%	0.17%	0.01%
TMUS	C	0.01%	1.13%	0.01%
TRMB	C	0.01%	0.01%	0.01%
TRV	B	0.01%	0.04%	0.01%
TSCO	C	0.01%	0.02%	0.01%
TSN	D	0.01%	0.02%	0.01%
TT	A	0.01%	0.3%	0.01%
TXN	C	0.01%	0.13%	0.01%
TXT	D	0.01%	0.01%	0.01%
UAL	C	0.01%	0.01%	0.01%
UDR	C	0.01%	0.01%	0.01%
UHS	B	0.01%	0.08%	0.01%
UNH	C	0.01%	0.93%	0.01%
UNP	C	0.01%	0.11%	0.01%
UPS	F	0.01%	0.08%	0.01%
USB	B	0.01%	0.14%	0.01%
V	C	0.01%	1.5%	0.01%
VLO	F	0.01%	0.22%	0.01%
VMC	D	0.01%	0.02%	0.01%
VRSK	D	0.01%	0.03%	0.01%
VRSN	D	0.01%	0.1%	0.01%
VTR	C	0.01%	0.02%	0.01%
VTRS	D	0.01%	0.01%	0.01%
VZ	B	0.01%	0.92%	0.01%
WAB	A	0.01%	0.17%	0.01%
WBA	F	0.01%	0.04%	0.01%
WEC	B	0.01%	0.02%	0.01%
WELL	C	0.01%	0.14%	0.01%
WFC	D	0.01%	0.38%	0.01%
WM	D	0.01%	0.06%	0.01%
WMB	B	0.01%	0.04%	0.01%
WMT	B	0.01%	0.45%	0.01%
WRB	C	0.01%	0.02%	0.01%
WY	C	0.01%	0.02%	0.01%
XEL	B	0.01%	0.03%	0.01%
XOM	D	0.01%	0.89%	0.01%
XYL	D	0.01%	0.02%	0.01%
ZBH	F	0.01%	0.02%	0.01%
ZTS	C	0.01%	0.06%	0.01%

BND Overweight 189 Positions Relative to GSPY

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

BND Underweight 136 Positions Relative to GSPY

Symbol	Grade	Weight
META	A	-3.13%
BRK.A	C	-2.02%
TSLA	C	-0.74%
NFLX	B	-0.59%
KHC	C	-0.25%
URI	B	-0.24%
KKR	A	-0.24%
GRMN	D	-0.21%
BX	B	-0.21%
HLT	B	-0.2%
YUM	F	-0.19%
HWM	B	-0.19%
LULU	D	-0.18%
WTW	C	-0.18%
BKR	C	-0.17%
ACN	C	-0.16%
AMD	D	-0.16%
SMCI	F	-0.13%
CPAY	C	-0.13%
ISRG	C	-0.12%
BALL	C	-0.12%
BLDR	C	-0.12%
MOH	D	-0.11%
ELV	C	-0.11%
HOLX	C	-0.1%
NRG	A	-0.1%
UBER	C	-0.1%
CNC	C	-0.1%
J	C	-0.09%
CTSH	C	-0.08%
NWSA	D	-0.08%
PANW	C	-0.08%
VRTX	D	-0.08%
DVA	B	-0.07%
ANET	A	-0.07%
FFIV	B	-0.07%
CTRA	D	-0.07%
TPR	C	-0.06%
TROW	D	-0.06%
LKQ	F	-0.06%
SOLV	C	-0.06%
SW	C	-0.05%
WYNN	D	-0.05%
OXY	F	-0.05%
SNPS	D	-0.05%
TDG	B	-0.05%
ABNB	D	-0.05%
CMG	C	-0.05%
TTWO	D	-0.05%
ANSS	D	-0.05%
CEG	A	-0.04%
MNST	D	-0.04%
CZR	C	-0.04%
GEV	B	-0.04%
CRWD	D	-0.04%
FCX	D	-0.04%
IR	C	-0.03%
RMD	C	-0.03%
IDXX	D	-0.03%
AME	C	-0.03%
GEHC	C	-0.03%
IQV	D	-0.03%
FAST	C	-0.03%
FICO	B	-0.03%
MSCI	C	-0.03%
ODFL	D	-0.03%
RCL	A	-0.03%
F	F	-0.03%
BBWI	F	-0.03%
KVUE	C	-0.03%
PAYX	C	-0.03%
CPRT	D	-0.03%
CCL	C	-0.02%
NDSN	C	-0.02%
STX	C	-0.02%
TYL	C	-0.02%
DECK	D	-0.02%
LYV	B	-0.02%
GDDY	C	-0.02%
AXON	A	-0.02%
ROL	C	-0.02%
DXCM	F	-0.02%
MTD	D	-0.02%
VST	A	-0.02%
SBAC	C	-0.02%
VLTO	B	-0.02%
CDW	D	-0.02%
ON	F	-0.02%
MRNA	F	-0.02%
VICI	C	-0.02%
TRGP	B	-0.02%
IRM	B	-0.02%
CSGP	D	-0.02%
EPAM	F	-0.02%
MPWR	C	-0.02%
INCY	C	-0.02%
CBRE	A	-0.02%
IT	A	-0.02%
APA	F	-0.01%
PARA	F	-0.01%
LW	D	-0.01%
CRL	F	-0.01%
MKTX	C	-0.01%
NCLH	C	-0.01%
HSIC	D	-0.01%
GNRC	D	-0.01%
CTLT	B	-0.01%
PAYC	D	-0.01%
TECH	D	-0.01%
TFX	C	-0.01%
MTCH	C	-0.01%
BIO	C	-0.01%
KMX	D	-0.01%
MGM	D	-0.01%
AOS	D	-0.01%
ENPH	D	-0.01%
EQT	D	-0.01%
AKAM	D	-0.01%
JKHY	C	-0.01%
POOL	D	-0.01%
FDS	C	-0.01%
PODD	B	-0.01%
DPZ	D	-0.01%
ALGN	D	-0.01%
EXPD	C	-0.01%
ZBRA	B	-0.01%
TER	D	-0.01%
WAT	C	-0.01%
WBD	D	-0.01%
ULTA	D	-0.01%
PTC	D	-0.01%
WDC	D	-0.01%
FSLR	C	-0.01%
WST	D	-0.01%
ETSY	F	-0.0%
DAY	D	-0.0%