DTD vs. DHS ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to WisdomTree High-Yielding Equity Fund (DHS)

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.89

Average Daily Volume

21,384

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

DHS

WisdomTree High-Yielding Equity Fund

DHS Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Equity Income Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of companies with high dividend yields selected from the WisdomTree Dividend Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.32

Average Daily Volume

21,748

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	DTD	DHS
30 Days	3.20%	5.12%
60 Days	5.00%	7.54%
90 Days	6.93%	9.73%
12 Months	31.64%	33.98%

242 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in DHS	Overlap
	ABBV	D	1.97%	4.8%	1.97%
	ADC	B	0.01%	0.04%	0.01%
	AEP	D	0.24%	0.84%	0.24%
	ALE	A	0.03%	0.16%	0.03%
	ALLY	C	0.05%	0.23%	0.05%
	AM	A	0.06%	0.35%	0.06%
	AMSF	B	0.01%	0.07%	0.01%
	ARE	D	0.07%	0.11%	0.07%
	AROC	B	0.03%	0.19%	0.03%
	ASB	B	0.04%	0.16%	0.04%
	AUB	B	0.03%	0.13%	0.03%
	AVA	A	0.03%	0.12%	0.03%
	AVB	B	0.16%	0.2%	0.16%
	BANR	B	0.03%	0.13%	0.03%
	BBY	D	0.11%	0.44%	0.11%
	BEN	C	0.06%	0.24%	0.06%
	BGS	F	0.0%	0.03%	0.0%
	BK	A	0.23%	0.85%	0.23%
	BKE	B	0.02%	0.12%	0.02%
	BKH	A	0.04%	0.15%	0.04%
	BKU	A	0.01%	0.13%	0.01%
	BLMN	F	0.01%	0.06%	0.01%
	BMY	B	0.57%	2.06%	0.57%
	BNL	D	0.02%	0.02%	0.02%
	BOH	B	0.01%	0.13%	0.01%
	BRKL	B	0.02%	0.05%	0.02%
	BRX	A	0.04%	0.05%	0.04%
	BUSE	B	0.02%	0.08%	0.02%
	C	A	0.63%	2.27%	0.63%
	CAG	D	0.07%	0.28%	0.07%
	CBU	B	0.02%	0.14%	0.02%
	CC	C	0.01%	0.07%	0.01%
	CCI	D	0.22%	0.27%	0.22%
	CCOI	B	0.03%	0.16%	0.03%
	CFFN	B	0.01%	0.05%	0.01%
	CG	A	0.08%	0.36%	0.08%
	CHRD	D	0.04%	0.27%	0.04%
	CIVI	D	0.04%	0.24%	0.04%
	CMA	A	0.06%	0.29%	0.06%
	CNA	B	0.05%	0.26%	0.05%
	CNS	B	0.03%	0.2%	0.03%
	COLB	A	0.03%	0.23%	0.03%
	CPT	B	0.03%	0.09%	0.03%
	CRBG	B	0.1%	0.42%	0.1%
	CRGY	B	0.01%	0.07%	0.01%
	CRI	D	0.02%	0.09%	0.02%
	CUBE	D	0.06%	0.06%	0.06%
	CVBF	A	0.02%	0.13%	0.02%
	CVI	F	0.01%	0.1%	0.01%
	CVX	A	1.51%	4.51%	1.51%
	CWEN	C	0.01%	0.12%	0.01%
	CWEN	C	0.01%	0.05%	0.01%
	CWEN	C	0.02%	0.05%	0.02%
	CWEN	C	0.02%	0.12%	0.02%
	D	C	0.32%	1.07%	0.32%
	DIN	C	0.01%	0.03%	0.01%
	DLR	B	0.17%	0.33%	0.17%
	DLX	B	0.01%	0.06%	0.01%
	DOW	F	0.19%	0.68%	0.19%
	DTE	C	0.09%	0.39%	0.09%
	DTM	B	0.05%	0.28%	0.05%
	DUK	C	0.39%	1.44%	0.39%
	ED	D	0.19%	0.71%	0.19%
	EGBN	B	0.02%	0.05%	0.02%
	EIX	B	0.15%	0.58%	0.15%
	EMN	D	0.05%	0.24%	0.05%
	ENR	B	0.01%	0.11%	0.01%
	EOG	A	0.41%	1.45%	0.41%
	EPR	D	0.02%	0.02%	0.02%
	EQR	B	0.1%	0.18%	0.1%
	ES	D	0.11%	0.4%	0.11%
	ESS	B	0.06%	0.12%	0.06%
	ETR	B	0.22%	0.86%	0.22%
	EVRG	A	0.08%	0.34%	0.08%
	EXC	C	0.15%	0.58%	0.15%
	EXR	D	0.15%	0.2%	0.15%
	FAF	A	0.03%	0.15%	0.03%
	FBP	B	0.03%	0.16%	0.03%
	FCF	A	0.02%	0.1%	0.02%
	FCPT	C	0.02%	0.01%	0.01%
	FE	C	0.11%	0.46%	0.11%
	FFBC	A	0.02%	0.14%	0.02%
	FHB	A	0.04%	0.15%	0.04%
	FIBK	A	0.03%	0.15%	0.03%
	FITB	A	0.16%	0.63%	0.16%
	FLO	D	0.03%	0.17%	0.03%
	FNB	A	0.04%	0.17%	0.04%
	FNF	B	0.07%	0.34%	0.07%
	FRME	B	0.02%	0.13%	0.02%
	FRT	B	0.04%	0.06%	0.04%
	FULT	A	0.02%	0.14%	0.02%
	GBCI	B	0.02%	0.19%	0.02%
	GEF	A	0.02%	0.08%	0.02%
	GES	F	0.01%	0.05%	0.01%
	GILD	C	0.47%	1.63%	0.47%
	GLPI	C	0.06%	0.08%	0.06%
	GLW	B	0.17%	0.68%	0.17%
	GRNT	B	0.01%	0.06%	0.01%
	GTN	F	0.0%	0.02%	0.0%
	GTY	B	0.02%	0.01%	0.01%
	HAFC	A	0.02%	0.04%	0.02%
	HBAN	A	0.13%	0.59%	0.13%
	HMN	B	0.01%	0.09%	0.01%
	HPQ	B	0.15%	0.58%	0.15%
	HST	C	0.04%	0.08%	0.04%
	HTLF	B	0.02%	0.15%	0.02%
	HUN	F	0.02%	0.1%	0.02%
	IBM	C	1.21%	4.34%	1.21%
	IBTX	B	0.02%	0.13%	0.02%
	IIPR	D	0.01%	0.02%	0.01%
	IP	B	0.1%	0.45%	0.1%
	IPG	D	0.06%	0.22%	0.06%
	IRM	D	0.11%	0.2%	0.11%
	JWN	C	0.03%	0.17%	0.03%
	JXN	C	0.06%	0.31%	0.06%
	K	A	0.13%	0.51%	0.13%
	KALU	C	0.01%	0.08%	0.01%
	KHC	F	0.21%	0.68%	0.21%
	KIM	A	0.05%	0.1%	0.05%
	KLG	C	0.01%	0.08%	0.01%
	KMB	D	0.26%	1.0%	0.26%
	KNTK	B	0.02%	0.16%	0.02%
	KRC	C	0.01%	0.03%	0.01%
	KRO	D	0.01%	0.08%	0.01%
	KSS	F	0.01%	0.11%	0.01%
	KTB	B	0.03%	0.17%	0.03%
	KVUE	A	0.19%	0.7%	0.19%
	KW	B	0.0%	0.01%	0.0%
	LAMR	D	0.06%	0.07%	0.06%
	LCII	C	0.02%	0.11%	0.02%
	LEG	F	0.01%	0.06%	0.01%
	LNC	B	0.05%	0.26%	0.05%
	LNT	A	0.06%	0.27%	0.06%
	LXP	D	0.01%	0.02%	0.01%
	M	D	0.02%	0.12%	0.02%
	MAA	B	0.06%	0.12%	0.06%
	MAC	B	0.0%	0.02%	0.0%
	MAN	D	0.01%	0.1%	0.01%
	MC	C	0.03%	0.18%	0.03%
	MO	A	0.7%	4.97%	0.7%
	MS	A	1.03%	3.47%	1.03%
	MSBI	B	0.01%	0.03%	0.01%
	MTB	A	0.16%	0.61%	0.16%
	MTN	C	0.03%	0.15%	0.03%
	NAVI	C	0.01%	0.08%	0.01%
	NFG	A	0.03%	0.2%	0.03%
	NI	A	0.06%	0.3%	0.06%
	NJR	A	0.02%	0.13%	0.02%
	NNN	D	0.04%	0.05%	0.04%
	NOG	A	0.02%	0.14%	0.02%
	NSA	D	0.02%	0.02%	0.02%
	NTRS	A	0.09%	0.38%	0.09%
	NUS	D	0.0%	0.01%	0.0%
	NWE	B	0.04%	0.13%	0.04%
	NXST	C	0.03%	0.16%	0.03%
	O	D	0.25%	0.28%	0.25%
	OCFC	B	0.02%	0.07%	0.02%
	OGE	B	0.06%	0.3%	0.06%
	OGN	D	0.03%	0.22%	0.03%
	OGS	A	0.03%	0.15%	0.03%
	OKE	A	0.38%	1.36%	0.38%
	OMF	A	0.05%	0.36%	0.05%
	OWL	A	0.05%	0.26%	0.05%
	PBI	B	0.01%	0.07%	0.01%
	PCH	D	0.01%	0.02%	0.01%
	PDCO	D	0.01%	0.08%	0.01%
	PEBO	A	0.02%	0.07%	0.02%
	PEG	A	0.26%	0.96%	0.26%
	PFS	B	0.03%	0.15%	0.03%
	PHIN	A	0.01%	0.13%	0.01%
	PINC	B	0.02%	0.11%	0.02%
	PM	B	1.16%	4.08%	1.16%
	PNC	B	0.39%	1.44%	0.39%
	PNW	B	0.08%	0.34%	0.08%
	POR	C	0.03%	0.15%	0.03%
	PPL	B	0.1%	0.42%	0.1%
	PRK	B	0.01%	0.14%	0.01%
	PRU	A	0.25%	0.91%	0.25%
	PSA	D	0.25%	0.36%	0.25%
	PTVE	B	0.01%	0.09%	0.01%
	RDN	C	0.04%	0.19%	0.04%
	REG	B	0.02%	0.08%	0.02%
	RF	A	0.15%	0.59%	0.15%
	RGP	F	0.01%	0.01%	0.01%
	RHP	B	0.02%	0.04%	0.02%
	SAFT	C	0.01%	0.07%	0.01%
	SASR	B	0.03%	0.09%	0.03%
	SBRA	C	0.02%	0.03%	0.02%
	SFNC	B	0.03%	0.15%	0.03%
	SJM	D	0.05%	0.22%	0.05%
	SKT	B	0.01%	0.02%	0.01%
	SLG	B	0.01%	0.03%	0.01%
	SMG	D	0.03%	0.14%	0.03%
	SNV	B	0.04%	0.25%	0.04%
	SO	D	0.41%	1.44%	0.41%
	SON	D	0.03%	0.16%	0.03%
	SPG	B	0.4%	0.36%	0.36%
	SR	A	0.03%	0.13%	0.03%
	STAG	F	0.02%	0.04%	0.02%
	STBA	B	0.02%	0.09%	0.02%
	STC	B	0.02%	0.1%	0.02%
	STT	A	0.13%	0.49%	0.13%
	SWX	B	0.02%	0.16%	0.02%
	TDS	B	0.02%	0.15%	0.02%
	TFSL	A	0.03%	0.2%	0.03%
	TMP	B	0.03%	0.06%	0.03%
	TNL	A	0.03%	0.17%	0.03%
	TPG	A	0.02%	0.21%	0.02%
	TPR	B	0.06%	0.29%	0.06%
	TRMK	B	0.02%	0.12%	0.02%
	TRN	C	0.02%	0.14%	0.02%
	TROW	B	0.13%	0.54%	0.13%
	TRST	A	0.02%	0.04%	0.02%
	TSN	B	0.08%	0.34%	0.08%
	UBSI	B	0.02%	0.17%	0.02%
	UDR	B	0.05%	0.09%	0.05%
	UGI	A	0.03%	0.18%	0.03%
	UPBD	B	0.02%	0.1%	0.02%
	UPS	C	0.43%	1.55%	0.43%
	USB	A	0.42%	1.48%	0.42%
	UVSP	B	0.02%	0.05%	0.02%
	UVV	B	0.01%	0.07%	0.01%
	UWMC	D	0.0%	0.03%	0.0%
	VAC	B	0.02%	0.13%	0.02%
	VCTR	B	0.03%	0.2%	0.03%
	VICI	C	0.25%	0.19%	0.19%
	VIRT	B	0.02%	0.17%	0.02%
	VLY	B	0.04%	0.15%	0.04%
	VRTS	B	0.02%	0.09%	0.02%
	VTR	C	0.08%	0.16%	0.08%
	VTRS	A	0.09%	0.37%	0.09%
	WBS	A	0.05%	0.21%	0.05%
	WEC	A	0.11%	0.48%	0.11%
	WEN	D	0.03%	0.17%	0.03%
	WMB	A	0.35%	1.29%	0.35%
	WPC	D	0.06%	0.07%	0.06%
	WSBC	A	0.03%	0.1%	0.03%
	WU	D	0.03%	0.18%	0.03%
	WWW	B	0.01%	0.09%	0.01%
	XOM	B	2.48%	6.34%	2.48%
	XRX	F	0.01%	0.06%	0.01%
	ZION	B	0.04%	0.24%	0.04%

DTD Overweight 571 Positions Relative to DHS

	Symbol	Grade	Weight
	JPM	A	3.09%
	AAPL	C	3.03%
	MSFT	F	2.78%
	AVGO	D	2.39%
	NVDA	C	2.38%
	JNJ	D	1.83%
	HD	A	1.78%
	WMT	A	1.61%
	PG	A	1.61%
	KO	D	1.4%
	CSCO	B	1.3%
	UNH	C	1.24%
	BAC	A	1.22%
	PEP	F	1.12%
	META	D	0.92%
	WFC	A	0.9%
	CMCSA	B	0.88%
	GOOGL	C	0.87%
	MCD	D	0.83%
	MRK	F	0.79%
	TMUS	B	0.76%
	ORCL	B	0.74%
	GS	A	0.69%
	V	A	0.67%
	TXN	C	0.65%
	LLY	F	0.63%
	GOOG	C	0.57%
	LOW	D	0.57%
	RTX	C	0.56%
	AMGN	D	0.55%
	HON	B	0.53%
	MA	C	0.45%
	LMT	D	0.45%
	CAT	B	0.45%
	COST	B	0.44%
	BLK	C	0.43%
	QCOM	F	0.42%
	ABT	B	0.42%
	BX	A	0.39%
	MDLZ	F	0.37%
	UNP	C	0.37%
	TJX	A	0.35%
	ADP	B	0.34%
	PLD	D	0.33%
	COP	C	0.32%
	AXP	A	0.32%
	ITW	B	0.31%
	SBUX	A	0.31%
	CL	D	0.3%
	BKNG	A	0.3%
	PCAR	B	0.29%
	AMT	D	0.27%
	AFL	B	0.26%
	TGT	F	0.25%
	CVS	D	0.25%
	PAYX	C	0.25%
	CRM	B	0.25%
	MMC	B	0.25%
	WM	A	0.24%
	SYK	C	0.24%
	SCHW	B	0.23%
	XEL	A	0.22%
	MET	A	0.22%
	MPC	D	0.22%
	FIS	C	0.21%
	CI	F	0.21%
	ICE	C	0.21%
	ADI	D	0.21%
	PH	A	0.2%
	PSX	C	0.2%
	GD	F	0.2%
	APO	B	0.2%
	SRE	A	0.2%
	FAST	B	0.19%
	CME	A	0.19%
	WELL	A	0.19%
	APD	A	0.19%
	EMR	A	0.19%
	VST	B	0.18%
	DE	A	0.18%
	VLO	C	0.17%
	CMI	A	0.17%
	DIS	B	0.17%
	INTU	C	0.17%
	SYY	B	0.17%
	NSC	B	0.16%
	FDX	B	0.16%
	GIS	D	0.16%
	GE	D	0.16%
	KR	B	0.16%
	COF	B	0.16%
	EQIX	A	0.16%
	SPGI	C	0.16%
	TMO	F	0.16%
	TRV	B	0.15%
	MAR	B	0.15%
	APH	A	0.15%
	CTAS	B	0.15%
	ALL	A	0.15%
	MSI	B	0.15%
	NOC	D	0.14%
	AMAT	F	0.14%
	KDP	D	0.14%
	NKE	D	0.14%
	AMP	A	0.14%
	DHR	F	0.14%
	SHW	A	0.13%
	ECL	D	0.13%
	PGR	A	0.13%
	DFS	B	0.13%
	KKR	A	0.13%
	HIG	B	0.13%
	ELV	F	0.13%
	AIG	B	0.13%
	BDX	F	0.12%
	LRCX	F	0.12%
	ZTS	D	0.12%
	AEE	A	0.12%
	BKR	B	0.12%
	LHX	C	0.12%
	HCA	F	0.11%
	CSX	B	0.11%
	MCO	B	0.11%
	GM	B	0.11%
	TRGP	B	0.11%
	PKG	A	0.11%
	STZ	D	0.11%
	YUM	B	0.11%
	DRI	B	0.11%
	CARR	D	0.1%
	KLAC	D	0.1%
	ATO	A	0.1%
	GWW	B	0.1%
	RSG	A	0.1%
	ARES	A	0.1%
	OTIS	C	0.1%
	DD	D	0.09%
	PFG	D	0.09%
	SYF	B	0.09%
	EBAY	D	0.09%
	FANG	D	0.09%
	ADM	D	0.08%
	MCK	B	0.08%
	HSY	F	0.08%
	TSCO	D	0.08%
	URI	B	0.08%
	CINF	A	0.08%
	HPE	B	0.08%
	CEG	D	0.08%
	LVS	C	0.08%
	CTSH	B	0.08%
	MU	D	0.08%
	PPG	F	0.08%
	OMC	C	0.08%
	LNG	B	0.08%
	SNA	A	0.08%
	NTAP	C	0.08%
	HRL	D	0.07%
	JEF	A	0.07%
	CMS	C	0.07%
	ORI	A	0.07%
	CAH	B	0.07%
	NDAQ	A	0.07%
	WRB	A	0.07%
	AJG	B	0.07%
	OXY	D	0.07%
	BR	A	0.07%
	COR	B	0.07%
	NRG	B	0.07%
	EQT	B	0.07%
	MCHP	D	0.07%
	CLX	B	0.07%
	GPC	D	0.06%
	DOV	A	0.06%
	MKC	D	0.06%
	HLT	A	0.06%
	AWK	D	0.06%
	WSO	A	0.06%
	UNM	A	0.06%
	LUV	C	0.06%
	TXRH	C	0.06%
	RJF	A	0.06%
	ROST	C	0.06%
	RGA	A	0.06%
	LEN	D	0.06%
	DHI	D	0.06%
	HES	B	0.06%
	ROK	B	0.06%
	EWBC	A	0.06%
	DELL	C	0.06%
	INVH	D	0.05%
	AME	A	0.05%
	HRB	D	0.05%
	LII	A	0.05%
	JNPR	F	0.05%
	INGR	B	0.05%
	GEN	B	0.05%
	VMC	B	0.05%
	CBOE	B	0.05%
	IR	B	0.05%
	EVR	B	0.05%
	HUBB	B	0.05%
	PHM	D	0.05%
	RS	B	0.05%
	HAL	C	0.05%
	DAL	C	0.05%
	CPB	D	0.05%
	FOX	A	0.05%
	SWK	D	0.05%
	MAS	D	0.05%
	ROP	B	0.05%
	WSM	B	0.05%
	EQH	B	0.05%
	NUE	C	0.05%
	UI	A	0.05%
	CNP	B	0.05%
	MSCI	C	0.05%
	AIT	A	0.04%
	MRO	B	0.04%
	VRSK	A	0.04%
	ERIE	D	0.04%
	WAB	B	0.04%
	PCG	A	0.04%
	MLI	C	0.04%
	RPM	A	0.04%
	ACI	C	0.04%
	CFR	B	0.04%
	SWKS	F	0.04%
	MTG	C	0.04%
	OC	A	0.04%
	BRO	B	0.04%
	CSL	C	0.04%
	CF	B	0.04%
	HLI	B	0.04%
	EA	A	0.04%
	CHRW	C	0.04%
	ITT	A	0.04%
	TPL	A	0.04%
	BAH	F	0.04%
	OVV	B	0.04%
	TAP	C	0.04%
	DKS	C	0.04%
	XYL	D	0.04%
	HWM	A	0.04%
	CHD	B	0.04%
	ROL	B	0.04%
	ODFL	B	0.04%
	DGX	A	0.04%
	PWR	A	0.04%
	SW	A	0.04%
	LDOS	C	0.04%
	MLM	B	0.04%
	WY	D	0.04%
	RMD	C	0.04%
	STLD	B	0.04%
	LPLA	A	0.03%
	QCRH	A	0.03%
	RUSHA	C	0.03%
	WLK	D	0.03%
	WH	B	0.03%
	KBH	D	0.03%
	ATR	B	0.03%
	FTV	C	0.03%
	PNM	F	0.03%
	MPWR	F	0.03%
	BOKF	B	0.03%
	SAIC	F	0.03%
	NWSA	B	0.03%
	ACT	D	0.03%
	CNO	A	0.03%
	BANF	B	0.03%
	OFG	B	0.03%
	CBT	C	0.03%
	EHC	B	0.03%
	MSM	C	0.03%
	GPK	C	0.03%
	FCNCA	A	0.03%
	CATY	B	0.03%
	AVY	D	0.03%
	HLNE	B	0.03%
	GAP	C	0.03%
	WST	C	0.03%
	DCI	B	0.03%
	DPZ	C	0.03%
	AIZ	A	0.03%
	SCI	B	0.03%
	EFX	F	0.03%
	BWXT	B	0.03%
	OZK	B	0.03%
	R	B	0.03%
	DINO	D	0.03%
	PATK	D	0.03%
	HUM	C	0.03%
	SUI	D	0.03%
	LKQ	D	0.03%
	FLS	B	0.03%
	AFG	A	0.03%
	GEHC	F	0.03%
	WTRG	B	0.03%
	BALL	D	0.03%
	SF	B	0.03%
	AWR	B	0.03%
	WAL	B	0.03%
	HOMB	A	0.03%
	PB	A	0.03%
	VRT	B	0.03%
	LECO	B	0.03%
	A	D	0.03%
	HEI	B	0.03%
	GPN	B	0.03%
	SIRI	C	0.03%
	LH	C	0.03%
	PAG	B	0.03%
	BPOP	B	0.03%
	ALSN	B	0.03%
	EXPD	D	0.03%
	RL	B	0.03%
	CDW	F	0.03%
	SSNC	B	0.03%
	PRI	A	0.03%
	KMPR	B	0.02%
	HTH	B	0.02%
	TTEK	F	0.02%
	TPX	B	0.02%
	THG	A	0.02%
	FR	C	0.02%
	ZWS	B	0.02%
	SSD	D	0.02%
	RRC	B	0.02%
	PR	B	0.02%
	UMBF	B	0.02%
	IOSP	B	0.02%
	BERY	B	0.02%
	BANC	A	0.02%
	STEP	B	0.02%
	MGEE	C	0.02%
	BFH	B	0.02%
	BC	C	0.02%
	WAFD	B	0.02%
	MDU	D	0.02%
	SPB	C	0.02%
	RNST	B	0.02%
	TKO	B	0.02%
	WHD	B	0.02%
	ARMK	B	0.02%
	SEM	B	0.02%
	HWC	B	0.02%
	SYBT	B	0.02%
	MRTN	C	0.02%
	OTTR	C	0.02%
	KFY	B	0.02%
	JBL	B	0.02%
	NYT	C	0.02%
	ACM	A	0.02%
	CCS	D	0.02%
	BRC	D	0.02%
	SEIC	B	0.02%
	AL	B	0.02%
	WSFS	A	0.02%
	GNTX	C	0.02%
	BWA	D	0.02%
	NEU	C	0.02%
	MOS	F	0.02%
	BYD	C	0.02%
	LAD	A	0.02%
	APOG	B	0.02%
	WWD	B	0.02%
	MCY	A	0.02%
	NDSN	B	0.02%
	MGY	A	0.02%
	TXT	D	0.02%
	IPAR	B	0.02%
	ADTN	A	0.02%
	OSK	B	0.02%
	IBKR	A	0.02%
	LW	C	0.02%
	AMH	D	0.02%
	UHS	D	0.02%
	NBHC	B	0.02%
	HNI	B	0.02%
	RHI	B	0.02%
	CMC	B	0.02%
	CRC	B	0.02%
	MATX	C	0.02%
	EXP	A	0.02%
	MUR	D	0.02%
	CAKE	C	0.02%
	IDA	A	0.02%
	RRX	B	0.02%
	MWA	B	0.02%
	PII	D	0.02%
	LPX	B	0.02%
	KMT	B	0.02%
	RGLD	C	0.02%
	BBWI	D	0.02%
	FBIN	D	0.02%
	THO	B	0.02%
	ELS	C	0.02%
	TTC	D	0.02%
	CE	F	0.02%
	LSTR	D	0.02%
	LANC	C	0.02%
	JKHY	D	0.02%
	TW	A	0.02%
	SLM	A	0.02%
	HRI	B	0.02%
	JBHT	C	0.02%
	IDCC	A	0.02%
	VOYA	B	0.02%
	UFPI	B	0.02%
	CASY	A	0.02%
	SSB	B	0.02%
	ESI	A	0.02%
	IBOC	A	0.02%
	ZBH	C	0.02%
	SBAC	D	0.02%
	PRGS	A	0.02%
	FDS	B	0.02%
	CBSH	A	0.02%
	J	F	0.02%
	TKR	D	0.02%
	AVNT	B	0.02%
	APA	D	0.02%
	REYN	D	0.02%
	HII	D	0.02%
	CADE	B	0.02%
	ONB	B	0.02%
	ALB	C	0.02%
	AOS	F	0.02%
	GGG	B	0.02%
	POOL	C	0.02%
	FBMS	B	0.02%
	IEX	B	0.02%
	AVT	C	0.02%
	AWI	A	0.02%
	CHCO	B	0.01%
	DAN	D	0.01%
	CNXC	F	0.01%
	DK	C	0.01%
	HI	C	0.01%
	TEX	D	0.01%
	AESI	B	0.01%
	IRDM	D	0.01%
	IBP	D	0.01%
	LZB	B	0.01%
	COLD	D	0.01%
	COKE	C	0.01%
	WMG	C	0.01%
	BMI	B	0.01%
	VSH	D	0.01%
	DLB	B	0.01%
	WOR	F	0.01%
	MLKN	D	0.01%
	CABO	C	0.01%
	TOL	B	0.01%
	OXM	D	0.01%
	SCL	C	0.01%
	ENS	D	0.01%
	WINA	B	0.01%
	BRKR	D	0.01%
	MUSA	A	0.01%
	SCS	C	0.01%
	KNSL	B	0.01%
	HXL	D	0.01%
	LEVI	F	0.01%
	LBRT	D	0.01%
	PRDO	B	0.01%
	OLED	D	0.01%
	ASH	D	0.01%
	CHE	D	0.01%
	GBX	A	0.01%
	HOG	D	0.01%
	AGM	C	0.01%
	MCRI	A	0.01%
	AMKR	D	0.01%
	ORA	B	0.01%
	GL	B	0.01%
	CHH	A	0.01%
	WKC	D	0.01%
	CXT	B	0.01%
	COLM	B	0.01%
	SLGN	A	0.01%
	RRR	D	0.01%
	X	C	0.01%
	EGP	F	0.01%
	HEES	B	0.01%
	SEB	F	0.01%
	SFBS	B	0.01%
	JJSF	B	0.01%
	PBF	D	0.01%
	XRAY	F	0.01%
	BTU	B	0.01%
	CHDN	B	0.01%
	MKTX	D	0.01%
	UTZ	D	0.01%
	MTDR	B	0.01%
	UCB	A	0.01%
	WCC	B	0.01%
	RLI	B	0.01%
	AZZ	B	0.01%
	HP	B	0.01%
	BHE	B	0.01%
	MORN	B	0.01%
	AAON	B	0.01%
	PZZA	D	0.01%
	SIGI	C	0.01%
	WERN	C	0.01%
	EDR	A	0.01%
	FIX	A	0.01%
	MMS	F	0.01%
	TECH	D	0.01%
	KWR	C	0.01%
	EPC	D	0.01%
	SSBK	B	0.01%
	EXPO	D	0.01%
	WMK	C	0.01%
	CHX	C	0.01%
	NSP	D	0.01%
	MSA	D	0.01%
	FG	B	0.01%
	BCO	D	0.01%
	EME	C	0.01%
	OLN	D	0.01%
	CPK	A	0.01%
	KBR	F	0.01%
	L	A	0.01%
	SRCE	B	0.01%
	SM	B	0.01%
	MKSI	C	0.01%
	STRA	C	0.01%
	BSY	D	0.01%
	ABM	B	0.01%
	GOLF	B	0.01%
	WDFC	B	0.01%
	DNB	B	0.01%
	AGCO	D	0.01%
	VMI	B	0.01%
	PFBC	B	0.01%
	UTL	B	0.01%
	LFUS	F	0.01%
	EBC	B	0.01%
	SNDR	B	0.01%
	AEO	F	0.01%
	LEA	D	0.01%
	WGO	C	0.01%
	GATX	A	0.01%
	NOV	C	0.01%
	PFSI	D	0.01%
	WMS	D	0.01%
	FFIN	B	0.01%
	WD	D	0.01%
	SXT	B	0.01%
	SHOO	D	0.01%
	SLVM	B	0.01%
	VLTO	D	0.01%
	JBT	B	0.01%
	TER	D	0.01%
	PTEN	C	0.01%
	SNX	C	0.01%
	WTFC	A	0.01%
	POWL	C	0.01%
	CCK	C	0.01%
	SEE	C	0.01%
	PAYC	B	0.01%
	CRS	A	0.01%
	PNFP	B	0.01%
	POWI	D	0.0%
	NWS	B	0.0%
	RELL	B	0.0%
	NFE	D	0.0%
	CWH	B	0.0%

DTD Underweight 123 Positions Relative to DHS

	Symbol	Grade	Weight
	INDB	B	-0.12%
	PPBI	B	-0.12%
	TOWN	B	-0.11%
	NWBI	B	-0.1%
	HOPE	B	-0.09%
	NWN	A	-0.08%
	VBTX	B	-0.08%
	DCOM	A	-0.07%
	PFC	A	-0.06%
	SXC	A	-0.06%
	SBSI	B	-0.06%
	CTBI	B	-0.06%
	IBCP	B	-0.05%
	HBNC	B	-0.05%
	FCBC	B	-0.05%
	CBRL	C	-0.05%
	HFWA	B	-0.05%
	MNRO	D	-0.05%
	HTBK	A	-0.04%
	WASH	C	-0.04%
	CAC	B	-0.04%
	UVE	B	-0.04%
	REPX	A	-0.04%
	ETD	C	-0.04%
	JBSS	D	-0.04%
	MBWM	B	-0.04%
	HBT	B	-0.04%
	ANET	C	-0.04%
	CPF	A	-0.04%
	RBB	B	-0.03%
	BSRR	B	-0.03%
	GCMG	B	-0.03%
	DHIL	A	-0.03%
	BHRB	B	-0.03%
	IRT	A	-0.03%
	MOFG	A	-0.03%
	FFIC	B	-0.03%
	RYN	D	-0.03%
	SHBI	A	-0.03%
	NPK	B	-0.03%
	ITIC	B	-0.03%
	MPB	B	-0.03%
	KRNY	B	-0.03%
	EPRT	B	-0.03%
	EBF	F	-0.03%
	BHB	B	-0.03%
	NFBK	B	-0.03%
	PLOW	D	-0.03%
	FMNB	B	-0.03%
	EGY	D	-0.03%
	THFF	B	-0.03%
	ACCO	C	-0.03%
	SPTN	D	-0.03%
	SWBI	C	-0.03%
	PCB	A	-0.02%
	PKBK	A	-0.02%
	RM	D	-0.02%
	FLIC	B	-0.02%
	CZNC	B	-0.02%
	BRY	F	-0.02%
	FRST	B	-0.02%
	HVT	D	-0.02%
	FNLC	B	-0.02%
	SPOK	C	-0.02%
	AKR	B	-0.02%
	NEWT	B	-0.02%
	UE	C	-0.02%
	CIVB	B	-0.02%
	AROW	B	-0.02%
	MSB	B	-0.02%
	VLGEA	B	-0.02%
	PK	B	-0.02%
	PFIS	A	-0.02%
	WSBF	C	-0.02%
	LGTY	D	-0.02%
	CDP	C	-0.02%
	CTRE	D	-0.02%
	WTBA	B	-0.02%
	MPX	B	-0.02%
	NHI	D	-0.02%
	FISI	A	-0.02%
	BMRC	B	-0.02%
	DGICA	A	-0.02%
	CUZ	B	-0.02%
	FMAO	B	-0.02%
	NVEC	C	-0.02%
	NRIM	A	-0.02%
	ALRS	D	-0.02%
	PLYM	F	-0.01%
	OLP	B	-0.01%
	WSR	A	-0.01%
	EVC	C	-0.01%
	AAT	B	-0.01%
	NXRT	B	-0.01%
	MOV	C	-0.01%
	CBL	A	-0.01%
	ALEX	C	-0.01%
	LTC	B	-0.01%
	ROIC	A	-0.01%
	SAVE	D	-0.01%
	III	C	-0.01%
	ALX	D	-0.01%
	DEA	D	-0.01%
	JBGS	D	-0.01%
	UMH	C	-0.01%
	ELME	D	-0.01%
	NWFL	C	-0.01%
	DEI	B	-0.01%
	FF	D	-0.01%
	NXDT	D	-0.0%
	BRT	B	-0.0%
	PKST	D	-0.0%
	PSTL	D	-0.0%
	CHCT	C	-0.0%
	RMR	F	-0.0%
	NTST	D	-0.0%
	CSR	B	-0.0%
	AHH	D	-0.0%
	CTO	B	-0.0%
	LAND	F	-0.0%
	BFS	C	-0.0%
	GMRE	F	-0.0%
	INN	D	-0.0%

DTD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Oil & Gas E&P Utilities - Regulated Electric Business Services Specialty Chemicals Capital Markets Insurance - Property & Casualty Packaged Foods Packaging & Containers Credit Services REIT - Retail Restaurants Utilities - Diversified Building Materials Semiconductors Aerospace & Defense Insurance - Life REIT - Industrial

Keywords: S&P 500 Bank Banking Natural Gas Insurance Nasdaq 100 Deposit Products Electricity Real Estate Investment Trust Chemical Mining Real Estate Loans Electronics Commercial Banking Aerospace Computing Investment Management Insurance Products Commercial Bank Plastic

DHS: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Retail Asset Management REIT - Diversified Utilities - Regulated Electric REIT - Residential Oil & Gas E&P REIT - Office Packaged Foods REIT - Industrial Savings & Cooperative Banks Utilities - Diversified REIT - Healthcare Facilities Utilities - Regulated Gas Insurance - Property & Casualty REIT - Hotel & Motel Chemicals Credit Services Insurance - Specialty Oil & Gas Midstream

Keywords: Bank S&P 500 Banking Real Estate Investment Trust Deposit Products Real Estate Loans Natural Gas Commercial Banking Trust Services Investment Management Demand Deposit Electricity Cash Management Services Insurance Cash Management Commercial Bank Loan Products Mortgage Loan Real Estate Market Individual Retirement Account