DTD vs. IUS ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Invesco Strategic US ETF (IUS)

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

$79.09

Average Daily Volume

23,147

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.57

Average Daily Volume

54,780

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	DTD	IUS
30 Days	1.38%	1.46%
60 Days	5.70%	5.30%
90 Days	8.06%	6.90%
12 Months	31.57%	28.40%

340 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in IUS	Overlap
	A	F	0.04%	0.06%	0.04%
	AAPL	C	3.06%	4.79%	3.06%
	ABBV	D	2.32%	0.77%	0.77%
	ABT	C	0.42%	0.39%	0.39%
	ACI	C	0.04%	0.12%	0.04%
	ACM	B	0.02%	0.06%	0.02%
	ADM	F	0.08%	0.28%	0.08%
	ADP	A	0.34%	0.17%	0.17%
	AFG	A	0.03%	0.05%	0.03%
	AGCO	F	0.01%	0.04%	0.01%
	AIZ	A	0.03%	0.05%	0.03%
	ALB	B	0.02%	0.05%	0.02%
	ALL	A	0.15%	0.25%	0.15%
	AMAT	F	0.15%	0.22%	0.15%
	AME	A	0.05%	0.06%	0.05%
	AMGN	F	0.59%	0.26%	0.26%
	AMKR	F	0.01%	0.03%	0.01%
	AOS	F	0.03%	0.02%	0.02%
	APA	F	0.02%	0.06%	0.02%
	APD	B	0.19%	0.14%	0.14%
	APH	B	0.15%	0.09%	0.09%
	ARMK	B	0.02%	0.05%	0.02%
	AVGO	C	2.53%	0.8%	0.8%
	AVT	C	0.03%	0.06%	0.03%
	AVY	F	0.03%	0.03%	0.03%
	AXP	B	0.32%	0.52%	0.32%
	BAH	C	0.04%	0.04%	0.04%
	BALL	D	0.03%	0.05%	0.03%
	BBY	D	0.1%	0.15%	0.1%
	BC	C	0.02%	0.03%	0.02%
	BDX	D	0.11%	0.16%	0.11%
	BEN	C	0.06%	0.03%	0.03%
	BERY	C	0.02%	0.06%	0.02%
	BFH	B	0.02%	0.05%	0.02%
	BKNG	A	0.3%	0.41%	0.3%
	BKR	B	0.12%	0.16%	0.12%
	BMY	B	0.54%	0.63%	0.54%
	BR	A	0.07%	0.04%	0.04%
	BRO	A	0.04%	0.03%	0.03%
	BTU	B	0.01%	0.05%	0.01%
	BWA	B	0.02%	0.06%	0.02%
	BX	A	0.38%	0.24%	0.24%
	CAG	F	0.07%	0.07%	0.07%
	CAH	A	0.06%	0.46%	0.06%
	CARR	C	0.1%	0.11%	0.1%
	CASY	B	0.02%	0.05%	0.02%
	CAT	C	0.48%	0.46%	0.46%
	CBOE	D	0.05%	0.04%	0.04%
	CCK	D	0.01%	0.05%	0.01%
	CDW	F	0.04%	0.06%	0.04%
	CE	F	0.02%	0.03%	0.02%
	CEG	D	0.09%	0.04%	0.04%
	CF	B	0.04%	0.09%	0.04%
	CHD	B	0.04%	0.04%	0.04%
	CHRD	F	0.04%	0.04%	0.04%
	CHRW	A	0.04%	0.08%	0.04%
	CI	D	0.2%	0.64%	0.2%
	CINF	A	0.08%	0.09%	0.08%
	CIVI	F	0.04%	0.04%	0.04%
	CL	F	0.3%	0.13%	0.13%
	CLX	A	0.07%	0.04%	0.04%
	CMC	B	0.02%	0.04%	0.02%
	CMCSA	B	0.88%	1.14%	0.88%
	CMI	A	0.16%	0.16%	0.16%
	CMS	C	0.07%	0.07%	0.07%
	CNP	B	0.05%	0.09%	0.05%
	COP	C	0.32%	0.67%	0.32%
	COR	A	0.07%	0.44%	0.07%
	COST	B	0.43%	0.72%	0.43%
	CPB	F	0.05%	0.03%	0.03%
	CRM	B	0.23%	0.48%	0.23%
	CSCO	A	1.27%	0.74%	0.74%
	CSL	B	0.04%	0.05%	0.04%
	CSX	B	0.1%	0.22%	0.1%
	CTAS	A	0.15%	0.06%	0.06%
	CTSH	A	0.08%	0.14%	0.08%
	CVI	F	0.01%	0.02%	0.01%
	CVS	F	0.26%	1.01%	0.26%
	CVX	B	1.49%	1.63%	1.49%
	DAL	A	0.05%	0.05%	0.05%
	DAN	D	0.01%	0.02%	0.01%
	DD	D	0.09%	0.15%	0.09%
	DE	D	0.19%	0.38%	0.19%
	DELL	B	0.07%	0.23%	0.07%
	DGX	A	0.04%	0.07%	0.04%
	DHI	F	0.07%	0.18%	0.07%
	DHR	F	0.15%	0.23%	0.15%
	DINO	D	0.03%	0.09%	0.03%
	DIS	B	0.16%	0.49%	0.16%
	DK	D	0.01%	0.02%	0.01%
	DKS	F	0.04%	0.06%	0.04%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.21%	0.2%	0.2%
	DRI	B	0.11%	0.06%	0.06%
	DTE	D	0.09%	0.1%	0.09%
	EA	A	0.04%	0.1%	0.04%
	EBAY	C	0.09%	0.13%	0.09%
	ECL	C	0.12%	0.08%	0.08%
	ED	D	0.19%	0.15%	0.15%
	EFX	D	0.03%	0.04%	0.03%
	ELV	F	0.14%	0.41%	0.14%
	EME	B	0.01%	0.05%	0.01%
	EMN	D	0.05%	0.05%	0.05%
	EMR	A	0.19%	0.14%	0.14%
	EOG	A	0.39%	0.32%	0.32%
	EQIX	B	0.16%	0.1%	0.1%
	EQT	B	0.07%	0.08%	0.07%
	EXC	C	0.15%	0.18%	0.15%
	EXPD	D	0.03%	0.08%	0.03%
	FAF	C	0.03%	0.04%	0.03%
	FANG	D	0.09%	0.15%	0.09%
	FAST	A	0.18%	0.06%	0.06%
	FBIN	F	0.02%	0.04%	0.02%
	FDX	B	0.15%	0.36%	0.15%
	FE	D	0.11%	0.09%	0.09%
	FTV	D	0.02%	0.06%	0.02%
	GAP	B	0.03%	0.03%	0.03%
	GD	A	0.2%	0.2%	0.2%
	GE	C	0.16%	0.41%	0.16%
	GEHC	F	0.03%	0.07%	0.03%
	GEN	A	0.05%	0.04%	0.04%
	GILD	C	0.5%	0.4%	0.4%
	GIS	F	0.16%	0.14%	0.14%
	GLW	C	0.17%	0.13%	0.13%
	GM	A	0.1%	0.96%	0.1%
	GOOGL	B	0.88%	3.6%	0.88%
	GPC	D	0.06%	0.06%	0.06%
	GPK	D	0.03%	0.04%	0.03%
	GWW	B	0.1%	0.08%	0.08%
	HAL	C	0.05%	0.09%	0.05%
	HCA	D	0.11%	0.25%	0.11%
	HD	B	1.74%	0.91%	0.91%
	HES	C	0.06%	0.08%	0.06%
	HIG	C	0.13%	0.17%	0.13%
	HII	D	0.02%	0.03%	0.02%
	HLT	A	0.06%	0.09%	0.06%
	HOG	F	0.01%	0.03%	0.01%
	HON	B	0.49%	0.29%	0.29%
	HP	C	0.01%	0.03%	0.01%
	HPE	B	0.08%	0.2%	0.08%
	HPQ	B	0.15%	0.18%	0.15%
	HRB	D	0.05%	0.03%	0.03%
	HRL	F	0.07%	0.06%	0.06%
	HST	C	0.04%	0.04%	0.04%
	HSY	D	0.07%	0.07%	0.07%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	D	0.03%	0.23%	0.03%
	HUN	F	0.02%	0.03%	0.02%
	HWM	A	0.04%	0.05%	0.04%
	IBM	C	1.22%	0.53%	0.53%
	INGR	B	0.05%	0.04%	0.04%
	INTU	A	0.16%	0.18%	0.16%
	IP	C	0.11%	0.14%	0.11%
	IPG	F	0.06%	0.05%	0.05%
	IR	A	0.05%	0.06%	0.05%
	IRM	D	0.12%	0.07%	0.07%
	ITW	A	0.31%	0.14%	0.14%
	J	B	0.02%	0.06%	0.02%
	JBHT	B	0.02%	0.05%	0.02%
	JBL	C	0.02%	0.11%	0.02%
	JNJ	D	1.88%	0.94%	0.94%
	JNPR	D	0.05%	0.05%	0.05%
	K	A	0.13%	0.08%	0.08%
	KBH	D	0.03%	0.04%	0.03%
	KDP	D	0.14%	0.12%	0.12%
	KHC	F	0.21%	0.24%	0.21%
	KLAC	F	0.11%	0.11%	0.11%
	KMB	F	0.26%	0.11%	0.11%
	KO	F	1.41%	0.46%	0.46%
	KR	A	0.16%	0.37%	0.16%
	KSS	F	0.01%	0.04%	0.01%
	LAD	B	0.02%	0.08%	0.02%
	LDOS	B	0.04%	0.07%	0.04%
	LEA	F	0.01%	0.05%	0.01%
	LEN	D	0.07%	0.21%	0.07%
	LH	A	0.03%	0.09%	0.03%
	LHX	A	0.12%	0.15%	0.12%
	LKQ	D	0.03%	0.05%	0.03%
	LLY	F	0.62%	0.24%	0.24%
	LMT	C	0.44%	0.49%	0.44%
	LNG	B	0.08%	0.22%	0.08%
	LOW	B	0.56%	0.49%	0.49%
	LPLA	B	0.02%	0.06%	0.02%
	LRCX	F	0.13%	0.15%	0.13%
	LUV	B	0.06%	0.03%	0.03%
	LVS	C	0.08%	0.06%	0.06%
	M	D	0.02%	0.05%	0.02%
	MA	B	0.44%	0.45%	0.44%
	MAN	F	0.01%	0.04%	0.01%
	MAR	A	0.14%	0.15%	0.14%
	MAS	D	0.05%	0.04%	0.04%
	MCD	C	0.82%	0.3%	0.3%
	MCHP	F	0.08%	0.08%	0.08%
	MCK	A	0.07%	0.54%	0.07%
	MCO	C	0.1%	0.07%	0.07%
	MDLZ	F	0.37%	0.24%	0.24%
	META	B	0.94%	2.27%	0.94%
	MKC	D	0.06%	0.05%	0.05%
	MLM	B	0.04%	0.05%	0.04%
	MMC	C	0.25%	0.17%	0.17%
	MO	A	0.68%	0.34%	0.34%
	MOS	D	0.02%	0.1%	0.02%
	MPC	D	0.22%	0.62%	0.22%
	MRK	F	0.81%	0.42%	0.42%
	MRO	B	0.04%	0.14%	0.04%
	MSCI	B	0.05%	0.04%	0.04%
	MSFT	C	2.78%	2.71%	2.71%
	MSI	B	0.15%	0.08%	0.08%
	MTDR	C	0.01%	0.03%	0.01%
	MTN	D	0.03%	0.02%	0.02%
	MU	D	0.09%	0.19%	0.09%
	MUR	F	0.02%	0.03%	0.02%
	MUSA	B	0.01%	0.05%	0.01%
	NDAQ	A	0.07%	0.05%	0.05%
	NFG	C	0.03%	0.03%	0.03%
	NKE	F	0.14%	0.27%	0.14%
	NOC	C	0.14%	0.22%	0.14%
	NOV	C	0.01%	0.02%	0.01%
	NRG	B	0.08%	0.07%	0.07%
	NSC	B	0.16%	0.16%	0.16%
	NTAP	D	0.09%	0.06%	0.06%
	NUE	C	0.06%	0.21%	0.06%
	NVDA	B	2.42%	0.95%	0.95%
	NWSA	B	0.03%	0.06%	0.03%
	NXST	C	0.03%	0.04%	0.03%
	OC	A	0.04%	0.07%	0.04%
	ODFL	B	0.04%	0.05%	0.04%
	OGS	A	0.03%	0.03%	0.03%
	OKE	A	0.36%	0.16%	0.16%
	OLN	D	0.01%	0.04%	0.01%
	OMC	B	0.08%	0.07%	0.07%
	OMF	A	0.05%	0.06%	0.05%
	ORCL	A	0.73%	0.32%	0.32%
	ORI	A	0.07%	0.06%	0.06%
	OSK	B	0.02%	0.03%	0.02%
	OTIS	C	0.1%	0.05%	0.05%
	OVV	C	0.04%	0.08%	0.04%
	OXY	D	0.07%	0.28%	0.07%
	PAYX	B	0.25%	0.06%	0.06%
	PBF	F	0.01%	0.06%	0.01%
	PCAR	B	0.28%	0.17%	0.17%
	PEP	D	1.12%	0.44%	0.44%
	PG	C	1.58%	0.74%	0.74%
	PGR	A	0.12%	0.3%	0.12%
	PH	A	0.19%	0.13%	0.13%
	PHM	D	0.05%	0.11%	0.05%
	PII	F	0.02%	0.03%	0.02%
	PKG	B	0.11%	0.07%	0.07%
	PM	C	1.15%	0.38%	0.38%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.08%	0.08%	0.08%
	PPL	A	0.09%	0.09%	0.09%
	PR	C	0.02%	0.03%	0.02%
	PSA	C	0.25%	0.14%	0.14%
	PSX	D	0.2%	0.44%	0.2%
	PWR	B	0.04%	0.08%	0.04%
	QCOM	F	0.45%	0.32%	0.32%
	R	A	0.03%	0.07%	0.03%
	RGA	A	0.06%	0.1%	0.06%
	RHI	B	0.02%	0.03%	0.02%
	RL	B	0.04%	0.04%	0.04%
	RMD	C	0.05%	0.04%	0.04%
	ROK	B	0.06%	0.05%	0.05%
	ROP	A	0.05%	0.07%	0.05%
	ROST	F	0.06%	0.11%	0.06%
	RPM	A	0.04%	0.04%	0.04%
	RRC	B	0.01%	0.03%	0.01%
	RRX	C	0.02%	0.04%	0.02%
	RS	B	0.05%	0.08%	0.05%
	RSG	A	0.1%	0.07%	0.07%
	RTX	C	0.54%	0.67%	0.54%
	SAIC	C	0.03%	0.03%	0.03%
	SBAC	D	0.02%	0.04%	0.02%
	SBUX	B	0.3%	0.21%	0.21%
	SCI	B	0.03%	0.04%	0.03%
	SHW	A	0.12%	0.14%	0.12%
	SJM	F	0.05%	0.07%	0.05%
	SM	C	0.01%	0.03%	0.01%
	SNA	A	0.08%	0.05%	0.05%
	SNX	C	0.02%	0.12%	0.02%
	SON	D	0.03%	0.02%	0.02%
	SSNC	C	0.03%	0.05%	0.03%
	STLD	B	0.05%	0.13%	0.05%
	STZ	D	0.11%	0.1%	0.1%
	SW	C	0.05%	0.08%	0.05%
	SWK	F	0.06%	0.08%	0.06%
	SWKS	F	0.04%	0.05%	0.04%
	SYK	A	0.23%	0.15%	0.15%
	SYY	B	0.18%	0.19%	0.18%
	TAP	B	0.04%	0.08%	0.04%
	TDS	B	0.02%	0.05%	0.02%
	TER	F	0.02%	0.02%	0.02%
	TGT	C	0.24%	0.31%	0.24%
	THO	B	0.02%	0.04%	0.02%
	TJX	B	0.34%	0.27%	0.27%
	TMO	F	0.17%	0.34%	0.17%
	TMUS	A	0.73%	0.39%	0.39%
	TOL	C	0.01%	0.07%	0.01%
	TPG	B	0.02%	0.05%	0.02%
	TPR	B	0.06%	0.06%	0.06%
	TRGP	B	0.1%	0.13%	0.1%
	TROW	B	0.13%	0.08%	0.08%
	TRV	B	0.14%	0.28%	0.14%
	TSCO	C	0.08%	0.06%	0.06%
	TSN	C	0.07%	0.17%	0.07%
	TW	C	0.02%	0.03%	0.02%
	TXN	C	0.69%	0.28%	0.28%
	TXT	C	0.02%	0.07%	0.02%
	UFPI	B	0.02%	0.03%	0.02%
	UGI	D	0.03%	0.04%	0.03%
	UHS	D	0.02%	0.07%	0.02%
	UNH	B	1.24%	1.52%	1.24%
	UNP	C	0.37%	0.26%	0.26%
	UPS	C	0.44%	0.44%	0.44%
	URI	B	0.08%	0.14%	0.08%
	V	A	0.66%	0.72%	0.66%
	VLO	D	0.16%	0.44%	0.16%
	VMC	B	0.05%	0.06%	0.05%
	VRSK	A	0.03%	0.08%	0.03%
	VST	B	0.17%	0.15%	0.15%
	VTRS	B	0.09%	0.13%	0.09%
	WAB	A	0.04%	0.07%	0.04%
	WCC	B	0.01%	0.05%	0.01%
	WKC	D	0.01%	0.09%	0.01%
	WM	A	0.23%	0.16%	0.16%
	WMT	A	1.58%	1.27%	1.27%
	WRB	B	0.07%	0.07%	0.07%
	WSM	F	0.06%	0.04%	0.04%
	WSO	A	0.06%	0.03%	0.03%
	WST	B	0.03%	0.03%	0.03%
	WU	F	0.03%	0.02%	0.02%
	WY	F	0.05%	0.07%	0.05%
	X	C	0.01%	0.1%	0.01%
	XEL	A	0.21%	0.17%	0.17%
	XOM	B	2.47%	2.43%	2.43%
	XRX	F	0.01%	0.02%	0.01%
	XYL	D	0.04%	0.04%	0.04%
	YUM	B	0.11%	0.03%	0.03%
	ZBH	C	0.02%	0.07%	0.02%
	ZTS	D	0.12%	0.09%	0.09%

DTD Overweight 470 Positions Relative to IUS

	Symbol	Grade	Weight
	JPM	B	3.03%
	BAC	A	1.19%
	MS	A	1.0%
	WFC	A	0.86%
	GS	B	0.67%
	C	A	0.62%
	GOOG	B	0.57%
	SO	D	0.41%
	USB	A	0.41%
	SPG	B	0.39%
	DUK	D	0.39%
	PNC	B	0.38%
	WMB	B	0.35%
	PLD	D	0.33%
	D	D	0.32%
	AMT	F	0.27%
	O	D	0.25%
	PEG	C	0.25%
	VICI	D	0.25%
	AFL	C	0.25%
	AEP	D	0.24%
	PRU	B	0.24%
	CCI	F	0.23%
	BK	B	0.23%
	ADI	F	0.23%
	ETR	B	0.22%
	MET	C	0.22%
	ICE	D	0.21%
	SCHW	A	0.21%
	APO	B	0.2%
	SRE	A	0.2%
	FIS	B	0.2%
	WELL	B	0.19%
	KVUE	B	0.19%
	DLR	C	0.18%
	CME	A	0.18%
	AVB	A	0.16%
	SPGI	C	0.16%
	COF	B	0.16%
	EXR	D	0.15%
	RF	B	0.15%
	EIX	C	0.15%
	FITB	A	0.15%
	MTB	B	0.15%
	AMP	A	0.14%
	STT	B	0.13%
	HBAN	B	0.13%
	KKR	B	0.13%
	DFS	B	0.13%
	AIG	B	0.13%
	WEC	B	0.11%
	ES	D	0.11%
	AEE	A	0.11%
	ATO	A	0.1%
	EQR	C	0.1%
	CRBG	C	0.1%
	ARES	B	0.1%
	PFG	C	0.09%
	SYF	B	0.09%
	NTRS	A	0.09%
	ARE	F	0.08%
	CG	C	0.08%
	VTR	C	0.08%
	EVRG	A	0.08%
	AM	B	0.07%
	AJG	A	0.07%
	FNF	C	0.07%
	PNW	B	0.07%
	CUBE	D	0.06%
	OGE	B	0.06%
	JXN	B	0.06%
	LNT	C	0.06%
	AWK	D	0.06%
	UNM	A	0.06%
	WPC	F	0.06%
	TXRH	A	0.06%
	RJF	A	0.06%
	CMA	A	0.06%
	MAA	C	0.06%
	NI	A	0.06%
	LAMR	D	0.06%
	GLPI	D	0.06%
	JEF	A	0.06%
	EWBC	B	0.06%
	UDR	C	0.05%
	WBS	A	0.05%
	LNC	B	0.05%
	LII	B	0.05%
	KIM	A	0.05%
	FOX	A	0.05%
	ALLY	C	0.05%
	EVR	B	0.05%
	DTM	B	0.05%
	CNA	C	0.05%
	ESS	C	0.05%
	EQH	B	0.05%
	OWL	B	0.05%
	VLY	B	0.04%
	BKH	B	0.04%
	ERIE	F	0.04%
	CFR	B	0.04%
	RDN	C	0.04%
	MLI	B	0.04%
	MTG	C	0.04%
	ZION	B	0.04%
	HLI	B	0.04%
	TPL	B	0.04%
	NWE	C	0.04%
	ITT	A	0.04%
	FRT	C	0.04%
	NNN	F	0.04%
	ROL	B	0.04%
	FNB	A	0.04%
	FHB	B	0.04%
	BRX	A	0.04%
	UI	B	0.04%
	SNV	B	0.04%
	INVH	D	0.04%
	CPT	C	0.03%
	SASR	A	0.03%
	RUSHA	B	0.03%
	PNM	B	0.03%
	TNL	A	0.03%
	ATR	A	0.03%
	SMG	D	0.03%
	BOKF	B	0.03%
	ACT	C	0.03%
	CNO	B	0.03%
	TMP	B	0.03%
	CNS	C	0.03%
	BANF	B	0.03%
	WLK	F	0.03%
	OFG	B	0.03%
	SR	C	0.03%
	AUB	B	0.03%
	EHC	A	0.03%
	CATY	B	0.03%
	BWXT	A	0.03%
	MSM	B	0.03%
	FCNCA	B	0.03%
	HLNE	B	0.03%
	ALE	A	0.03%
	JWN	B	0.03%
	DCI	A	0.03%
	CBT	C	0.03%
	WSBC	B	0.03%
	POR	D	0.03%
	PATK	C	0.03%
	FLO	F	0.03%
	DPZ	C	0.03%
	OZK	B	0.03%
	FBP	B	0.03%
	OGN	F	0.03%
	VCTR	B	0.03%
	COLB	B	0.03%
	SUI	D	0.03%
	WEN	C	0.03%
	HEI	B	0.03%
	FLS	B	0.03%
	PB	B	0.03%
	HOMB	A	0.03%
	FIBK	B	0.03%
	AROC	B	0.03%
	SFNC	B	0.03%
	WAL	B	0.03%
	SF	B	0.03%
	GPN	B	0.03%
	TFSL	A	0.03%
	AWR	B	0.03%
	VRT	B	0.03%
	WTRG	C	0.03%
	AVA	C	0.03%
	SIRI	D	0.03%
	BPOP	C	0.03%
	MC	B	0.03%
	PRI	A	0.03%
	MPWR	F	0.03%
	BANR	B	0.03%
	PFS	B	0.03%
	PAG	B	0.03%
	ALSN	A	0.03%
	AIT	A	0.03%
	CCOI	C	0.03%
	ASB	B	0.03%
	LECO	C	0.03%
	PCG	A	0.03%
	SHOO	D	0.02%
	ZWS	B	0.02%
	TTEK	C	0.02%
	HTH	B	0.02%
	UMBF	B	0.02%
	HTLF	B	0.02%
	CRI	D	0.02%
	SLG	C	0.02%
	FRME	B	0.02%
	SSD	D	0.02%
	UVSP	B	0.02%
	MDU	F	0.02%
	IOSP	B	0.02%
	BANC	B	0.02%
	POWL	B	0.02%
	SPB	B	0.02%
	SYBT	B	0.02%
	WAFD	B	0.02%
	STEP	B	0.02%
	HWC	B	0.02%
	RNST	B	0.02%
	CWEN	D	0.02%
	WHD	B	0.02%
	TKO	D	0.02%
	VAC	B	0.02%
	BKE	A	0.02%
	SLVM	C	0.02%
	UPBD	B	0.02%
	KFY	B	0.02%
	SEM	B	0.02%
	WSFS	B	0.02%
	AL	B	0.02%
	NSA	D	0.02%
	MRTN	B	0.02%
	BNL	D	0.02%
	WMS	F	0.02%
	OTTR	C	0.02%
	IBTX	B	0.02%
	IBKR	A	0.02%
	SEIC	A	0.02%
	STC	C	0.02%
	BRC	A	0.02%
	GNTX	C	0.02%
	BYD	A	0.02%
	NYT	C	0.02%
	APOG	B	0.02%
	MCY	B	0.02%
	AMH	C	0.02%
	FCPT	C	0.02%
	IPAR	B	0.02%
	VIRT	B	0.02%
	NEU	C	0.02%
	CCS	F	0.02%
	WWD	B	0.02%
	MGY	B	0.02%
	UBSI	B	0.02%
	EPR	D	0.02%
	NDSN	B	0.02%
	IDA	A	0.02%
	LW	C	0.02%
	MATX	A	0.02%
	RHP	B	0.02%
	ADTN	B	0.02%
	HNI	B	0.02%
	FCF	B	0.02%
	CRC	B	0.02%
	PINC	A	0.02%
	BRKL	B	0.02%
	CAKE	B	0.02%
	NBHC	B	0.02%
	MWA	B	0.02%
	PEBO	B	0.02%
	LCII	C	0.02%
	VRTS	B	0.02%
	FFBC	B	0.02%
	OCFC	B	0.02%
	EXP	B	0.02%
	LPX	B	0.02%
	ELS	C	0.02%
	SBRA	C	0.02%
	TRMK	B	0.02%
	HAFC	B	0.02%
	KMT	B	0.02%
	BBWI	C	0.02%
	LSTR	B	0.02%
	FULT	B	0.02%
	GTY	B	0.02%
	STAG	D	0.02%
	IDCC	B	0.02%
	SLM	B	0.02%
	CVBF	B	0.02%
	CBSH	A	0.02%
	KNTK	B	0.02%
	BUSE	B	0.02%
	VOYA	B	0.02%
	SWX	B	0.02%
	RGLD	C	0.02%
	TTC	F	0.02%
	STBA	B	0.02%
	LANC	C	0.02%
	FDS	A	0.02%
	IBOC	B	0.02%
	JKHY	C	0.02%
	CBU	B	0.02%
	SSB	B	0.02%
	TRST	B	0.02%
	ESI	B	0.02%
	PRGS	A	0.02%
	HRI	B	0.02%
	ONB	B	0.02%
	AVNT	B	0.02%
	NJR	A	0.02%
	CADE	B	0.02%
	GEF	A	0.02%
	REYN	D	0.02%
	TRN	B	0.02%
	TKR	F	0.02%
	GBCI	B	0.02%
	NOG	B	0.02%
	GGG	B	0.02%
	IEX	B	0.02%
	FBMS	B	0.02%
	QCRH	B	0.02%
	AWI	B	0.02%
	REG	A	0.02%
	KTB	B	0.02%
	WH	A	0.02%
	IIPR	F	0.01%
	CHCO	B	0.01%
	CNXC	F	0.01%
	LZB	C	0.01%
	AESI	C	0.01%
	COKE	C	0.01%
	IRDM	C	0.01%
	HI	C	0.01%
	CABO	B	0.01%
	WMG	B	0.01%
	BMI	B	0.01%
	IBP	F	0.01%
	COLD	F	0.01%
	LXP	C	0.01%
	DLB	C	0.01%
	GES	F	0.01%
	TEX	D	0.01%
	MLKN	D	0.01%
	PCH	F	0.01%
	PRDO	B	0.01%
	OXM	D	0.01%
	WOR	F	0.01%
	ENS	D	0.01%
	KNSL	C	0.01%
	VSH	F	0.01%
	SCL	C	0.01%
	SCS	C	0.01%
	WINA	B	0.01%
	HXL	D	0.01%
	LEVI	F	0.01%
	BRKR	F	0.01%
	LBRT	F	0.01%
	CHE	D	0.01%
	DLX	A	0.01%
	GBX	A	0.01%
	CWEN	D	0.01%
	ASH	F	0.01%
	MCRI	A	0.01%
	PBI	C	0.01%
	AGM	B	0.01%
	DIN	C	0.01%
	GRNT	B	0.01%
	GL	B	0.01%
	OLED	F	0.01%
	CHH	B	0.01%
	SLGN	A	0.01%
	ORA	C	0.01%
	BLMN	F	0.01%
	SFBS	B	0.01%
	COLM	B	0.01%
	RGP	D	0.01%
	AAON	B	0.01%
	HEES	B	0.01%
	EGP	C	0.01%
	CXT	D	0.01%
	PTVE	C	0.01%
	SEB	D	0.01%
	ENR	B	0.01%
	NAVI	D	0.01%
	JJSF	B	0.01%
	RLI	A	0.01%
	XRAY	F	0.01%
	KRO	D	0.01%
	UCB	B	0.01%
	UVV	B	0.01%
	KALU	B	0.01%
	SAFT	B	0.01%
	LEG	F	0.01%
	RRR	F	0.01%
	UTZ	F	0.01%
	KRC	C	0.01%
	MKTX	C	0.01%
	PDCO	F	0.01%
	CHDN	C	0.01%
	AZZ	B	0.01%
	MORN	B	0.01%
	SIGI	B	0.01%
	CRGY	B	0.01%
	AMSF	A	0.01%
	WERN	B	0.01%
	CC	C	0.01%
	FIX	B	0.01%
	CPK	A	0.01%
	BOH	B	0.01%
	KWR	C	0.01%
	EDR	C	0.01%
	MSA	D	0.01%
	HMN	B	0.01%
	TECH	B	0.01%
	WDFC	B	0.01%
	SSBK	B	0.01%
	FG	B	0.01%
	CHX	D	0.01%
	MMS	D	0.01%
	BHE	C	0.01%
	WMK	B	0.01%
	SRCE	B	0.01%
	EXPO	D	0.01%
	ADC	A	0.01%
	L	A	0.01%
	PFBC	B	0.01%
	DNB	B	0.01%
	KBR	B	0.01%
	EPC	F	0.01%
	STRA	C	0.01%
	NSP	F	0.01%
	ABM	B	0.01%
	SNDR	B	0.01%
	PZZA	D	0.01%
	EBC	B	0.01%
	UTL	C	0.01%
	CFFN	B	0.01%
	VMI	B	0.01%
	WWW	B	0.01%
	BCO	F	0.01%
	KLG	D	0.01%
	PHIN	B	0.01%
	MKSI	C	0.01%
	BKU	B	0.01%
	FFIN	B	0.01%
	GOLF	B	0.01%
	WGO	B	0.01%
	GATX	A	0.01%
	LFUS	D	0.01%
	JBT	A	0.01%
	WTFC	B	0.01%
	KMPR	A	0.01%
	BSY	F	0.01%
	PNFP	B	0.01%
	PRK	B	0.01%
	PFSI	D	0.01%
	MGEE	A	0.01%
	EGBN	B	0.01%
	MSBI	B	0.01%
	VLTO	C	0.01%
	SKT	B	0.01%
	AEO	F	0.01%
	THG	A	0.01%
	WD	D	0.01%
	SXT	B	0.01%
	TPX	B	0.01%
	CRS	B	0.01%
	PTEN	C	0.01%
	SEE	C	0.01%
	PAYC	B	0.01%
	FR	C	0.01%
	MAC	B	0.0%
	POWI	C	0.0%
	KW	C	0.0%
	NWS	B	0.0%
	GTN	F	0.0%
	RELL	C	0.0%
	NFE	F	0.0%
	NUS	D	0.0%
	CWH	C	0.0%
	UWMC	F	0.0%
	BGS	F	0.0%

DTD Underweight 205 Positions Relative to IUS

	Symbol	Grade	Weight
	BRK.A	B	-2.86%
	AMZN	A	-2.07%
	T	A	-1.33%
	VZ	C	-1.13%
	PFE	F	-0.7%
	F	C	-0.55%
	TSLA	B	-0.52%
	ACN	C	-0.47%
	CB	C	-0.43%
	LUMN	B	-0.43%
	INTC	C	-0.41%
	LIN	D	-0.4%
	MDT	D	-0.37%
	CNC	F	-0.36%
	FI	A	-0.34%
	CHTR	B	-0.34%
	PYPL	A	-0.32%
	NFLX	A	-0.3%
	ADBE	C	-0.27%
	MMM	C	-0.27%
	KMI	B	-0.26%
	WBD	B	-0.24%
	AMD	F	-0.21%
	SLB	C	-0.17%
	AON	A	-0.16%
	REGN	F	-0.16%
	CTVA	C	-0.15%
	NEM	F	-0.15%
	FOXA	A	-0.15%
	JCI	A	-0.15%
	ETN	A	-0.15%
	FCX	F	-0.14%
	WBA	D	-0.14%
	CBRE	A	-0.14%
	BG	D	-0.13%
	DVN	F	-0.13%
	BLDR	D	-0.13%
	ABNB	C	-0.13%
	ORLY	A	-0.13%
	AZO	C	-0.13%
	EXPE	B	-0.13%
	LYB	F	-0.13%
	TT	A	-0.12%
	PFGC	B	-0.12%
	BA	F	-0.12%
	UBER	F	-0.12%
	ISRG	A	-0.12%
	VRTX	B	-0.12%
	FLEX	B	-0.11%
	ACGL	D	-0.11%
	UNFI	C	-0.11%
	CCL	A	-0.11%
	SNEX	B	-0.11%
	PARA	C	-0.11%
	CTRA	B	-0.11%
	BSX	A	-0.11%
	USFD	A	-0.1%
	RCL	A	-0.1%
	NOW	A	-0.1%
	MELI	D	-0.1%
	WTW	A	-0.1%
	SQ	B	-0.09%
	MRVL	B	-0.09%
	MKL	A	-0.09%
	EG	D	-0.09%
	IQV	F	-0.08%
	DG	F	-0.08%
	NVR	D	-0.08%
	TX	F	-0.08%
	MOH	F	-0.08%
	THC	B	-0.08%
	DXC	B	-0.08%
	ZIM	B	-0.08%
	IFF	F	-0.08%
	ARW	F	-0.08%
	WCN	A	-0.07%
	WHR	B	-0.07%
	LBRDK	C	-0.07%
	CAR	C	-0.07%
	UAL	B	-0.07%
	JLL	C	-0.07%
	KMX	C	-0.07%
	BAX	F	-0.07%
	AMCR	D	-0.07%
	MGM	D	-0.07%
	ADSK	A	-0.07%
	CLF	D	-0.06%
	ULTA	C	-0.06%
	APTV	D	-0.06%
	BIIB	F	-0.06%
	FTNT	B	-0.06%
	CPNG	B	-0.06%
	SATS	C	-0.06%
	RNR	D	-0.06%
	DLTR	F	-0.06%
	VFC	C	-0.06%
	SNPS	B	-0.06%
	TWLO	A	-0.06%
	ON	F	-0.06%
	PANW	A	-0.06%
	DASH	A	-0.06%
	MNST	B	-0.05%
	HOLX	D	-0.05%
	ANET	C	-0.05%
	TDY	A	-0.05%
	TMHC	C	-0.05%
	GDDY	A	-0.05%
	KEYS	C	-0.05%
	CDNS	B	-0.05%
	CNX	B	-0.05%
	CMG	B	-0.05%
	KNX	B	-0.05%
	AES	F	-0.05%
	LULU	C	-0.05%
	MHK	D	-0.05%
	BJ	B	-0.05%
	AKAM	F	-0.05%
	CZR	F	-0.05%
	DVA	C	-0.05%
	AN	C	-0.05%
	GPI	A	-0.05%
	WDAY	B	-0.05%
	ZM	B	-0.05%
	GRMN	A	-0.05%
	APP	B	-0.05%
	CPAY	A	-0.05%
	NCLH	B	-0.05%
	AMG	B	-0.04%
	TTWO	A	-0.04%
	FYBR	D	-0.04%
	FFIV	A	-0.04%
	H	B	-0.04%
	NWL	B	-0.04%
	PENN	B	-0.04%
	AA	C	-0.04%
	AR	B	-0.04%
	STX	D	-0.04%
	IT	A	-0.04%
	PVH	C	-0.04%
	GT	C	-0.04%
	RH	C	-0.04%
	CACI	C	-0.04%
	WDC	D	-0.04%
	BECN	B	-0.04%
	BURL	C	-0.04%
	STE	F	-0.04%
	LYV	B	-0.04%
	ABG	B	-0.04%
	ILMN	C	-0.04%
	EL	F	-0.04%
	HSIC	F	-0.04%
	UTHR	B	-0.04%
	EW	D	-0.04%
	FLR	C	-0.04%
	DOX	C	-0.04%
	TDG	B	-0.04%
	COHR	B	-0.04%
	SIG	B	-0.03%
	ADNT	D	-0.03%
	NSIT	F	-0.03%
	ALGN	F	-0.03%
	QRVO	F	-0.03%
	ASO	F	-0.03%
	VRSN	C	-0.03%
	ANSS	B	-0.03%
	SNOW	C	-0.03%
	KD	A	-0.03%
	MRNA	F	-0.03%
	VVV	B	-0.03%
	WSC	F	-0.03%
	DAR	B	-0.03%
	DECK	B	-0.03%
	MTH	D	-0.03%
	AVTR	F	-0.03%
	HAS	D	-0.03%
	GXO	B	-0.03%
	BCC	B	-0.03%
	TGNA	B	-0.03%
	FTI	B	-0.03%
	MTD	F	-0.03%
	ANDE	D	-0.03%
	FSLR	F	-0.03%
	JAZZ	B	-0.03%
	CPRT	A	-0.03%
	SKX	F	-0.03%
	ALV	C	-0.03%
	HTZ	C	-0.03%
	POST	D	-0.03%
	JHG	B	-0.03%
	NU	B	-0.03%
	DXCM	C	-0.02%
	ATKR	D	-0.02%
	AAP	D	-0.02%
	CPRI	F	-0.02%
	ODP	F	-0.02%
	ELAN	D	-0.02%
	AMR	C	-0.02%
	CNM	D	-0.02%
	PRGO	C	-0.02%
	CSGP	D	-0.02%
	IAC	F	-0.02%
	TNET	D	-0.02%
	PINS	F	-0.02%
	ARCH	B	-0.02%
	AAL	B	-0.02%

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

IUS: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Software - Application Specialty Retail Diversified Industrials Business Services Information Technology Services Semiconductors Packaged Foods Specialty Chemicals Diagnostics & Research Drug Manufacturers - Major Oil & Gas Refining & Marketing Packaging & Containers Aerospace & Defense Insurance - Property & Casualty Residential Construction Telecom Services Auto Parts Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electronics Dow Jones Component Insurance Mining Chemical Aerospace Medicine Semiconductor Telecommunications Transport Petroleum Industry Retailing Electricity Building Materials Beverage Plastic