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

$76.65

Average Daily Volume

23,465

Number of Holdings ^*

805

* 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

$94.16

Average Daily Volume

23,991

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	DTD	DHS
30 Days	2.97%	2.25%
60 Days	9.91%	9.24%
90 Days	8.37%	13.28%
12 Months	32.95%	29.25%

242 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in DHS	Overlap
ABBV	C	2.3%	5.65%	2.3%
ADC	C	0.01%	0.04%	0.01%
AEP	C	0.26%	0.95%	0.26%
ALE	A	0.03%	0.16%	0.03%
ALLY	F	0.05%	0.23%	0.05%
AM	A	0.07%	0.37%	0.07%
AMSF	B	0.01%	0.06%	0.01%
ARE	D	0.08%	0.13%	0.08%
AROC	B	0.03%	0.17%	0.03%
ASB	D	0.03%	0.13%	0.03%
AUB	D	0.03%	0.12%	0.03%
AVA	D	0.04%	0.13%	0.04%
AVB	C	0.16%	0.21%	0.16%
BANR	B	0.03%	0.11%	0.03%
BBY	C	0.12%	0.51%	0.12%
BEN	F	0.06%	0.22%	0.06%
BGS	D	0.01%	0.04%	0.01%
BK	A	0.22%	0.82%	0.22%
BKE	B	0.02%	0.11%	0.02%
BKH	C	0.04%	0.15%	0.04%
BKU	D	0.01%	0.12%	0.01%
BLMN	F	0.01%	0.07%	0.01%
BMY	A	0.51%	1.88%	0.51%
BNL	C	0.02%	0.02%	0.02%
BOH	D	0.01%	0.11%	0.01%
BRKL	D	0.02%	0.04%	0.02%
BRX	C	0.04%	0.05%	0.04%
BUSE	D	0.02%	0.08%	0.02%
C	B	0.58%	2.14%	0.58%
CAG	D	0.08%	0.35%	0.08%
CBU	D	0.02%	0.13%	0.02%
CC	D	0.01%	0.09%	0.01%
CCI	D	0.28%	0.29%	0.28%
CCOI	B	0.03%	0.16%	0.03%
CFFN	D	0.01%	0.04%	0.01%
CG	B	0.07%	0.32%	0.07%
CHRD	F	0.04%	0.28%	0.04%
CIVI	F	0.04%	0.25%	0.04%
CMA	C	0.05%	0.26%	0.05%
CNA	D	0.06%	0.27%	0.06%
CNS	C	0.03%	0.2%	0.03%
COLB	C	0.03%	0.2%	0.03%
CPT	C	0.03%	0.09%	0.03%
CRBG	B	0.1%	0.41%	0.1%
CRGY	B	0.01%	0.05%	0.01%
CRI	D	0.02%	0.12%	0.02%
CUBE	C	0.06%	0.07%	0.06%
CVBF	B	0.02%	0.1%	0.02%
CVI	D	0.02%	0.13%	0.02%
CVX	B	1.4%	4.22%	1.4%
CWEN	C	0.02%	0.14%	0.02%
CWEN	C	0.01%	0.14%	0.01%
CWEN	C	0.01%	0.06%	0.01%
CWEN	C	0.02%	0.06%	0.02%
D	A	0.33%	1.14%	0.33%
DIN	D	0.01%	0.03%	0.01%
DLR	C	0.17%	0.32%	0.17%
DLX	F	0.01%	0.05%	0.01%
DOW	B	0.24%	0.87%	0.24%
DTE	B	0.1%	0.44%	0.1%
DTM	A	0.04%	0.23%	0.04%
DUK	C	0.42%	1.57%	0.42%
ED	C	0.21%	0.81%	0.21%
EGBN	C	0.01%	0.02%	0.01%
EIX	C	0.16%	0.64%	0.16%
EMN	C	0.06%	0.29%	0.06%
ENR	B	0.01%	0.1%	0.01%
EOG	B	0.38%	1.37%	0.38%
EPR	C	0.02%	0.02%	0.02%
EQR	C	0.11%	0.19%	0.11%
ES	D	0.12%	0.44%	0.12%
ESS	D	0.06%	0.12%	0.06%
ETR	A	0.2%	0.79%	0.2%
EVRG	C	0.09%	0.35%	0.09%
EXC	C	0.16%	0.65%	0.16%
EXR	D	0.16%	0.23%	0.16%
FAF	C	0.03%	0.16%	0.03%
FBP	B	0.03%	0.17%	0.03%
FCF	D	0.02%	0.09%	0.02%
FCPT	C	0.02%	0.02%	0.02%
FE	C	0.12%	0.51%	0.12%
FFBC	D	0.02%	0.13%	0.02%
FHB	D	0.04%	0.13%	0.04%
FIBK	C	0.03%	0.14%	0.03%
FITB	C	0.15%	0.6%	0.15%
FLO	D	0.03%	0.2%	0.03%
FNB	D	0.04%	0.15%	0.04%
FNF	C	0.08%	0.35%	0.08%
FRME	D	0.01%	0.11%	0.01%
FRT	D	0.04%	0.06%	0.04%
FULT	D	0.02%	0.13%	0.02%
GBCI	B	0.02%	0.15%	0.02%
GEF	B	0.02%	0.09%	0.02%
GES	F	0.01%	0.07%	0.01%
GILD	A	0.44%	1.54%	0.44%
GLPI	C	0.07%	0.09%	0.07%
GLW	C	0.17%	0.69%	0.17%
GRNT	D	0.01%	0.05%	0.01%
GTN	D	0.0%	0.03%	0.0%
GTY	C	0.02%	0.01%	0.01%
HAFC	D	0.02%	0.03%	0.02%
HBAN	B	0.11%	0.51%	0.11%
HMN	B	0.01%	0.08%	0.01%
HPQ	B	0.15%	0.61%	0.15%
HST	D	0.04%	0.08%	0.04%
HTLF	B	0.01%	0.13%	0.01%
HUN	B	0.02%	0.13%	0.02%
IBM	A	1.33%	4.81%	1.33%
IBTX	B	0.02%	0.12%	0.02%
IIPR	C	0.01%	0.03%	0.01%
IP	C	0.09%	0.41%	0.09%
IPG	D	0.06%	0.25%	0.06%
IRM	B	0.12%	0.2%	0.12%
JWN	D	0.03%	0.17%	0.03%
JXN	A	0.05%	0.28%	0.05%
K	B	0.14%	0.53%	0.14%
KALU	D	0.01%	0.07%	0.01%
KHC	F	0.23%	0.78%	0.23%
KIM	C	0.05%	0.1%	0.05%
KLG	F	0.01%	0.09%	0.01%
KMB	D	0.29%	1.13%	0.29%
KNTK	A	0.02%	0.14%	0.02%
KRC	C	0.01%	0.03%	0.01%
KRO	C	0.01%	0.09%	0.01%
KSS	D	0.01%	0.13%	0.01%
KTB	C	0.02%	0.16%	0.02%
KVUE	C	0.2%	0.74%	0.2%
KW	C	0.0%	0.01%	0.0%
LAMR	C	0.06%	0.07%	0.06%
LCII	C	0.02%	0.12%	0.02%
LEG	D	0.01%	0.06%	0.01%
LNC	B	0.04%	0.25%	0.04%
LNT	B	0.06%	0.28%	0.06%
LXP	D	0.01%	0.02%	0.01%
M	D	0.02%	0.13%	0.02%
MAA	D	0.06%	0.13%	0.06%
MAC	B	0.0%	0.02%	0.0%
MAN	D	0.01%	0.12%	0.01%
MC	B	0.03%	0.18%	0.03%
MO	D	0.67%	4.83%	0.67%
MS	A	0.84%	2.88%	0.84%
MSBI	F	0.01%	0.03%	0.01%
MTB	A	0.13%	0.53%	0.13%
MTN	D	0.03%	0.17%	0.03%
NAVI	D	0.01%	0.08%	0.01%
NFG	A	0.03%	0.2%	0.03%
NI	A	0.06%	0.3%	0.06%
NJR	C	0.02%	0.13%	0.02%
NNN	C	0.05%	0.06%	0.05%
NOG	D	0.02%	0.12%	0.02%
NSA	D	0.02%	0.03%	0.02%
NTRS	B	0.08%	0.34%	0.08%
NUS	F	0.0%	0.01%	0.0%
NWE	C	0.04%	0.14%	0.04%
NXST	D	0.03%	0.17%	0.03%
O	C	0.29%	0.33%	0.29%
OCFC	C	0.02%	0.06%	0.02%
OGE	C	0.06%	0.3%	0.06%
OGN	F	0.04%	0.29%	0.04%
OGS	C	0.03%	0.15%	0.03%
OKE	A	0.32%	1.18%	0.32%
OMF	D	0.04%	0.32%	0.04%
OWL	A	0.05%	0.23%	0.05%
PBI	C	0.01%	0.07%	0.01%
PCH	C	0.01%	0.02%	0.01%
PDCO	F	0.01%	0.09%	0.01%
PEBO	F	0.02%	0.06%	0.02%
PEG	A	0.27%	1.02%	0.27%
PFS	D	0.03%	0.14%	0.03%
PHIN	D	0.01%	0.13%	0.01%
PINC	F	0.02%	0.1%	0.02%
PM	D	1.16%	4.13%	1.16%
PNC	C	0.36%	1.33%	0.36%
PNW	C	0.08%	0.35%	0.08%
POR	D	0.03%	0.16%	0.03%
PPL	C	0.1%	0.43%	0.1%
PRK	D	0.01%	0.13%	0.01%
PRU	B	0.25%	0.93%	0.25%
PSA	C	0.28%	0.4%	0.28%
PTVE	D	0.01%	0.09%	0.01%
RDN	D	0.04%	0.2%	0.04%
REG	C	0.02%	0.08%	0.02%
RF	B	0.14%	0.55%	0.14%
RGP	F	0.01%	0.02%	0.01%
RHP	B	0.02%	0.04%	0.02%
SAFT	D	0.01%	0.07%	0.01%
SASR	B	0.02%	0.08%	0.02%
SBRA	C	0.02%	0.03%	0.02%
SFNC	B	0.03%	0.13%	0.03%
SJM	D	0.05%	0.25%	0.05%
SKT	A	0.01%	0.02%	0.01%
SLG	C	0.01%	0.02%	0.01%
SMG	C	0.03%	0.17%	0.03%
SNV	D	0.04%	0.2%	0.04%
SO	A	0.44%	1.53%	0.44%
SON	D	0.03%	0.18%	0.03%
SPG	A	0.38%	0.35%	0.35%
SR	D	0.03%	0.14%	0.03%
STAG	D	0.02%	0.05%	0.02%
STBA	D	0.02%	0.09%	0.02%
STC	D	0.02%	0.1%	0.02%
STT	A	0.13%	0.48%	0.13%
SWX	C	0.02%	0.16%	0.02%
TDS	C	0.01%	0.12%	0.01%
TFSL	D	0.03%	0.19%	0.03%
TMP	C	0.02%	0.05%	0.02%
TNL	B	0.02%	0.15%	0.02%
TPG	A	0.02%	0.19%	0.02%
TPR	B	0.05%	0.28%	0.05%
TRMK	D	0.02%	0.1%	0.02%
TRN	C	0.02%	0.13%	0.02%
TROW	D	0.12%	0.53%	0.12%
TRST	D	0.02%	0.04%	0.02%
TSN	D	0.08%	0.34%	0.08%
UBSI	D	0.02%	0.15%	0.02%
UDR	C	0.05%	0.1%	0.05%
UGI	C	0.04%	0.17%	0.04%
UPS	D	0.45%	1.62%	0.45%
USB	C	0.39%	1.38%	0.39%
UVSP	B	0.01%	0.05%	0.01%
UVV	D	0.01%	0.08%	0.01%
UWMC	D	0.01%	0.04%	0.01%
VAC	D	0.01%	0.11%	0.01%
VCTR	A	0.03%	0.19%	0.03%
VGR	B	0.03%	0.13%	0.03%
VICI	C	0.28%	0.21%	0.21%
VIRT	B	0.02%	0.16%	0.02%
VLY	C	0.03%	0.13%	0.03%
VRTS	D	0.02%	0.08%	0.02%
VTR	C	0.08%	0.16%	0.08%
VTRS	D	0.08%	0.35%	0.08%
WBS	D	0.04%	0.17%	0.04%
WEC	B	0.11%	0.49%	0.11%
WEN	B	0.03%	0.17%	0.03%
WMB	A	0.29%	1.09%	0.29%
WPC	C	0.07%	0.09%	0.07%
WSBC	D	0.03%	0.08%	0.03%
WU	D	0.04%	0.21%	0.04%
WWW	B	0.01%	0.08%	0.01%
XOM	A	2.38%	6.16%	2.38%
XRX	D	0.01%	0.09%	0.01%
ZION	D	0.03%	0.2%	0.03%

DTD Overweight 565 Positions Relative to DHS

Symbol	Grade	Weight
AAPL	C	3.17%
MSFT	D	2.92%
JPM	C	2.79%
AVGO	B	2.54%
NVDA	B	2.09%
JNJ	D	2.0%
HD	A	1.79%
PG	D	1.73%
KO	C	1.64%
WMT	A	1.56%
UNH	B	1.22%
PEP	F	1.2%
CSCO	A	1.2%
BAC	B	1.09%
MRK	F	0.94%
META	A	0.93%
MCD	A	0.88%
CMCSA	B	0.85%
GOOGL	B	0.82%
LLY	D	0.73%
WFC	B	0.72%
TXN	C	0.68%
ORCL	A	0.68%
TMUS	A	0.67%
AMGN	D	0.61%
V	B	0.61%
GS	B	0.6%
LOW	C	0.58%
RTX	A	0.56%
GOOG	B	0.53%
HON	C	0.49%
LMT	A	0.48%
CAT	A	0.47%
QCOM	D	0.46%
MA	A	0.44%
COST	C	0.44%
MDLZ	D	0.43%
ABT	C	0.42%
BLK	A	0.41%
UNP	F	0.39%
PLD	D	0.37%
TJX	D	0.36%
BX	C	0.35%
CL	D	0.35%
AMT	D	0.33%
ADP	A	0.32%
SBUX	B	0.32%
AXP	A	0.31%
ITW	C	0.3%
COP	D	0.3%
CVS	D	0.28%
BKNG	B	0.27%
AFL	A	0.27%
TGT	C	0.26%
MMC	D	0.26%
PCAR	D	0.25%
PAYX	B	0.24%
SYK	C	0.24%
MPC	D	0.24%
ADI	B	0.24%
WM	B	0.23%
CI	D	0.23%
MET	A	0.23%
ICE	A	0.22%
PSX	D	0.21%
XEL	C	0.21%
CRM	B	0.21%
TMO	D	0.2%
DE	C	0.2%
FIS	A	0.2%
GD	C	0.2%
SRE	C	0.19%
APD	C	0.19%
SCHW	D	0.19%
SYY	D	0.18%
WELL	C	0.18%
PH	A	0.18%
CME	A	0.18%
GIS	C	0.18%
FAST	C	0.17%
AMAT	C	0.17%
GE	B	0.17%
EMR	B	0.17%
VLO	F	0.17%
SPGI	C	0.17%
DHR	D	0.17%
NKE	D	0.17%
ELV	F	0.17%
KR	C	0.16%
INTU	F	0.16%
APO	A	0.16%
DIS	D	0.16%
KDP	C	0.16%
EQIX	C	0.16%
NSC	C	0.15%
FDX	F	0.15%
VST	A	0.15%
ALL	A	0.15%
CMI	A	0.15%
ZTS	C	0.14%
HIG	A	0.14%
APH	D	0.14%
TRV	B	0.14%
LRCX	D	0.14%
NOC	B	0.14%
CTAS	C	0.14%
MSI	A	0.14%
HCA	C	0.13%
PGR	B	0.13%
KLAC	B	0.13%
SHW	C	0.13%
AIG	C	0.13%
ECL	C	0.13%
MAR	A	0.13%
COF	A	0.13%
AEE	A	0.12%
DRI	C	0.12%
YUM	C	0.12%
KKR	A	0.12%
STZ	D	0.12%
BDX	C	0.12%
AMP	A	0.12%
DFS	A	0.11%
MCO	D	0.11%
OTIS	A	0.11%
LHX	A	0.11%
ATO	A	0.1%
EBAY	A	0.1%
RSG	D	0.1%
ARES	A	0.1%
PKG	B	0.1%
CSX	D	0.1%
BKR	B	0.1%
CARR	A	0.1%
FANG	D	0.09%
GM	D	0.09%
NTAP	D	0.09%
ADM	F	0.09%
GWW	B	0.09%
PFG	A	0.09%
MCHP	F	0.09%
PPG	D	0.09%
MU	D	0.09%
CEG	A	0.09%
DD	C	0.09%
CLX	C	0.08%
DHI	C	0.08%
HPE	B	0.08%
CTSH	B	0.08%
TSCO	A	0.08%
HSY	D	0.08%
LVS	B	0.08%
TRGP	A	0.08%
OMC	C	0.08%
WSM	C	0.07%
ORI	A	0.07%
GPC	D	0.07%
WRB	C	0.07%
AJG	C	0.07%
ROST	D	0.07%
SWK	C	0.07%
SNA	C	0.07%
BR	B	0.07%
SYF	A	0.07%
OXY	D	0.07%
HRL	F	0.07%
CMS	A	0.07%
CINF	A	0.07%
LEN	C	0.07%
LNG	A	0.07%
NRG	A	0.07%
URI	C	0.07%
DOV	C	0.06%
NUE	D	0.06%
PHM	C	0.06%
LUV	B	0.06%
JEF	A	0.06%
MAS	C	0.06%
CPB	D	0.06%
RGA	B	0.06%
HES	D	0.06%
MCK	F	0.06%
CAH	B	0.06%
EQT	C	0.06%
ROK	D	0.06%
DELL	C	0.06%
AWK	D	0.06%
MKC	C	0.06%
NDAQ	C	0.06%
INGR	B	0.05%
XYL	C	0.05%
DKS	D	0.05%
IR	A	0.05%
RMD	C	0.05%
RJF	B	0.05%
SWKS	F	0.05%
FOX	B	0.05%
RS	D	0.05%
HUBB	A	0.05%
INVH	D	0.05%
LII	C	0.05%
HAL	D	0.05%
WY	C	0.05%
ERIE	A	0.05%
EQH	B	0.05%
JNPR	C	0.05%
UNM	A	0.05%
HRB	C	0.05%
CBOE	B	0.05%
EWBC	B	0.05%
MSCI	B	0.05%
ROP	D	0.05%
CNP	B	0.05%
HLT	A	0.05%
WSO	C	0.05%
TXRH	A	0.05%
RPM	A	0.04%
HUM	F	0.04%
SUI	D	0.04%
OC	C	0.04%
PAG	D	0.04%
EA	D	0.04%
SSNC	C	0.04%
BPOP	D	0.04%
TAP	D	0.04%
BALL	C	0.04%
HWM	A	0.04%
CHK	C	0.04%
OVV	D	0.04%
UI	B	0.04%
BRO	A	0.04%
LDOS	A	0.04%
GEHC	C	0.04%
ACI	F	0.04%
A	B	0.04%
ODFL	F	0.04%
EXPD	D	0.04%
BAH	C	0.04%
CHRW	C	0.04%
CSL	A	0.04%
ITT	C	0.04%
CE	D	0.04%
CF	A	0.04%
PWR	A	0.04%
MLM	F	0.04%
STLD	C	0.04%
MTG	A	0.04%
CHD	D	0.04%
AME	C	0.04%
DGX	D	0.04%
DAL	C	0.04%
MPWR	B	0.04%
ROL	C	0.04%
VMC	D	0.04%
SW	C	0.04%
EVR	C	0.04%
CDW	D	0.04%
SBAC	C	0.03%
APA	F	0.03%
NWSA	D	0.03%
MDU	C	0.03%
SAIC	A	0.03%
FCNCA	D	0.03%
PNM	B	0.03%
BWXT	A	0.03%
HLNE	A	0.03%
PII	D	0.03%
AVT	B	0.03%
TPL	A	0.03%
WST	D	0.03%
POOL	D	0.03%
TKR	B	0.03%
EHC	C	0.03%
REYN	D	0.03%
OZK	D	0.03%
R	C	0.03%
SF	A	0.03%
FTV	C	0.03%
GAP	F	0.03%
OFG	D	0.03%
MSM	D	0.03%
VRT	B	0.03%
DCI	B	0.03%
KBH	D	0.03%
SCI	D	0.03%
CBT	B	0.03%
AIZ	B	0.03%
ALSN	A	0.03%
ACT	B	0.03%
FLS	A	0.03%
GPN	F	0.03%
GPK	D	0.03%
PB	D	0.03%
AIT	B	0.03%
DPZ	D	0.03%
HOMB	D	0.03%
MLI	B	0.03%
AOS	C	0.03%
WLK	C	0.03%
HII	F	0.03%
CFR	B	0.03%
WAL	C	0.03%
AFG	A	0.03%
LECO	D	0.03%
AVY	D	0.03%
PRI	A	0.03%
AWR	B	0.03%
MRO	B	0.03%
HEI	C	0.03%
WTRG	D	0.03%
RL	B	0.03%
EFX	D	0.03%
DINO	F	0.03%
VRSK	D	0.03%
PATK	A	0.03%
LKQ	F	0.03%
WAB	A	0.03%
HLI	A	0.03%
PCG	C	0.03%
SXT	C	0.02%
NSP	F	0.02%
LFUS	C	0.02%
HTH	F	0.02%
APOG	B	0.02%
IOSP	F	0.02%
AGCO	D	0.02%
SLVM	C	0.02%
TPX	C	0.02%
SNX	C	0.02%
OLN	D	0.02%
TTEK	A	0.02%
SEIC	B	0.02%
SEM	D	0.02%
WAFD	D	0.02%
WSFS	D	0.02%
LAD	C	0.02%
WD	C	0.02%
HRI	B	0.02%
SEE	C	0.02%
CCK	C	0.02%
LW	D	0.02%
VLTO	A	0.02%
BCO	C	0.02%
PFSI	C	0.02%
MCY	B	0.02%
KFY	C	0.02%
SSD	B	0.02%
FR	D	0.02%
BYD	B	0.02%
LEA	F	0.02%
ACM	A	0.02%
SHOO	A	0.02%
MGY	B	0.02%
NBHC	D	0.02%
AL	D	0.02%
AEO	C	0.02%
OTTR	F	0.02%
SPB	C	0.02%
ARMK	C	0.02%
IDCC	A	0.02%
JBL	C	0.02%
BERY	C	0.02%
MRTN	F	0.02%
MATX	C	0.02%
BC	C	0.02%
CAKE	A	0.02%
CRC	B	0.02%
OSK	F	0.02%
RHI	D	0.02%
WMS	D	0.02%
MWA	A	0.02%
IDA	D	0.02%
TKO	A	0.02%
CMC	D	0.02%
NYT	C	0.02%
BRC	C	0.02%
WWD	C	0.02%
XRAY	D	0.02%
GNTX	D	0.02%
ADTN	C	0.02%
EXP	C	0.02%
KMT	C	0.02%
TXT	F	0.02%
HNI	B	0.02%
NEU	F	0.02%
MOS	F	0.02%
IPAR	D	0.02%
LPLA	D	0.02%
BWA	C	0.02%
NDSN	C	0.02%
IBOC	D	0.02%
CBSH	D	0.02%
AMH	D	0.02%
TER	C	0.02%
LPX	C	0.02%
CADE	B	0.02%
RRX	B	0.02%
JBHT	D	0.02%
SSB	C	0.02%
ONB	D	0.02%
MUR	F	0.02%
LANC	F	0.02%
SLM	B	0.02%
CASY	D	0.02%
ELS	D	0.02%
LSTR	F	0.02%
QCRH	C	0.02%
BBWI	F	0.02%
THO	C	0.02%
TW	A	0.02%
CCS	C	0.02%
ALB	D	0.02%
VOYA	A	0.02%
ESI	C	0.02%
AWI	A	0.02%
FDS	C	0.02%
FBMS	D	0.02%
JKHY	A	0.02%
RGLD	C	0.02%
WH	C	0.02%
UFPI	C	0.02%
RUSHA	D	0.02%
TTC	F	0.02%
PRGS	A	0.02%
ZBH	F	0.02%
UHS	D	0.02%
AVNT	C	0.02%
IEX	D	0.02%
CATY	B	0.02%
BANF	D	0.02%
ATR	A	0.02%
CNO	B	0.02%
J	F	0.02%
BOKF	B	0.02%
GGG	C	0.02%
CWH	C	0.01%
CHCO	D	0.01%
HI	F	0.01%
CABO	F	0.01%
DK	F	0.01%
PRDO	D	0.01%
WMG	D	0.01%
LZB	D	0.01%
GBX	C	0.01%
TEX	F	0.01%
BMI	A	0.01%
AESI	B	0.01%
DAN	D	0.01%
IRDM	C	0.01%
WOR	F	0.01%
DLB	D	0.01%
COKE	C	0.01%
TOL	C	0.01%
MUSA	D	0.01%
MLKN	F	0.01%
WINA	C	0.01%
CNXC	F	0.01%
SCL	D	0.01%
KNSL	B	0.01%
ENS	B	0.01%
VSH	F	0.01%
SCS	D	0.01%
IBP	C	0.01%
AGM	D	0.01%
HEES	D	0.01%
OXM	F	0.01%
HXL	F	0.01%
SFBS	B	0.01%
MCRI	B	0.01%
CHH	A	0.01%
MTDR	D	0.01%
COLD	D	0.01%
LBRT	D	0.01%
AAON	A	0.01%
WCC	D	0.01%
HP	D	0.01%
ORA	C	0.01%
POWL	B	0.01%
CHE	D	0.01%
SLGN	B	0.01%
GL	C	0.01%
COLM	B	0.01%
UCBI	B	0.01%
RLI	A	0.01%
X	F	0.01%
SSBK	D	0.01%
ASH	F	0.01%
CXT	F	0.01%
BRKR	D	0.01%
BTU	B	0.01%
PAYC	D	0.01%
CHDN	C	0.01%
JJSF	C	0.01%
MKTX	B	0.01%
FIX	A	0.01%
MORN	B	0.01%
EME	B	0.01%
SIGI	D	0.01%
BHE	C	0.01%
WERN	D	0.01%
LEVI	C	0.01%
PFBC	D	0.01%
PNFP	B	0.01%
VMI	B	0.01%
SM	D	0.01%
PBF	F	0.01%
RRR	D	0.01%
OLED	B	0.01%
JBT	B	0.01%
SRCE	D	0.01%
EGP	D	0.01%
AZZ	B	0.01%
WMK	D	0.01%
WTFC	B	0.01%
HOG	D	0.01%
EBC	B	0.01%
WDFC	B	0.01%
FG	B	0.01%
ABM	D	0.01%
KBR	A	0.01%
GATX	F	0.01%
CHX	C	0.01%
EDR	A	0.01%
UTZ	D	0.01%
DNB	D	0.01%
SNDR	D	0.01%
AMKR	F	0.01%
STRA	F	0.01%
PZZA	D	0.01%
L	C	0.01%
KWR	F	0.01%
GOLF	F	0.01%
FFIN	D	0.01%
CPK	C	0.01%
SEB	F	0.01%
TECH	D	0.01%
UMBF	C	0.01%
KMPR	D	0.01%
MSA	F	0.01%
CRS	B	0.01%
PTEN	F	0.01%
WGO	D	0.01%
MMS	C	0.01%
MGEE	C	0.01%
EPC	F	0.01%
PR	D	0.01%
SYBT	C	0.01%
ZWS	A	0.01%
MKSI	F	0.01%
UTL	D	0.01%
THG	A	0.01%
RRC	D	0.01%
NOV	F	0.01%
STEP	A	0.01%
WHD	A	0.01%
RNST	D	0.01%
BSY	D	0.01%
IBKR	A	0.01%
EXPO	A	0.01%
HWC	D	0.01%
BANC	D	0.01%
POWI	F	0.0%
NWS	D	0.0%
RELL	B	0.0%
NFE	F	0.0%

DTD Underweight 123 Positions Relative to DHS

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