DTD vs. IWS ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to iShares Russell Mid-cap Value ETF (IWS)

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

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$138.63

Average Daily Volume

282,879

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

Performance

Period	DTD	IWS
30 Days	3.20%	5.17%
60 Days	5.00%	5.63%
90 Days	6.93%	7.53%
12 Months	31.64%	31.74%

405 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in IWS	Overlap
A	D	0.03%	0.41%	0.03%
ACI	C	0.04%	0.09%	0.04%
ACM	A	0.02%	0.16%	0.02%
ADC	B	0.01%	0.08%	0.01%
ADM	D	0.08%	0.28%	0.08%
AEE	A	0.12%	0.27%	0.12%
AFG	A	0.03%	0.11%	0.03%
AFL	B	0.26%	0.68%	0.26%
AGCO	D	0.01%	0.06%	0.01%
AIZ	A	0.03%	0.13%	0.03%
AJG	B	0.07%	0.65%	0.07%
AL	B	0.02%	0.06%	0.02%
ALB	C	0.02%	0.13%	0.02%
ALL	A	0.15%	0.48%	0.15%
ALLY	C	0.05%	0.1%	0.05%
ALSN	B	0.03%	0.11%	0.03%
AM	A	0.06%	0.04%	0.04%
AME	A	0.05%	0.49%	0.05%
AMH	D	0.02%	0.14%	0.02%
AMKR	D	0.01%	0.03%	0.01%
AMP	A	0.14%	0.06%	0.06%
AOS	F	0.02%	0.1%	0.02%
APA	D	0.02%	0.09%	0.02%
ARE	D	0.07%	0.2%	0.07%
ARMK	B	0.02%	0.11%	0.02%
ASH	D	0.01%	0.04%	0.01%
ATO	A	0.1%	0.24%	0.1%
ATR	B	0.03%	0.12%	0.03%
AVB	B	0.16%	0.36%	0.16%
AVT	C	0.02%	0.05%	0.02%
AVY	D	0.03%	0.11%	0.03%
AWI	A	0.02%	0.05%	0.02%
AWK	D	0.06%	0.29%	0.06%
BALL	D	0.03%	0.21%	0.03%
BBWI	D	0.02%	0.08%	0.02%
BBY	D	0.11%	0.22%	0.11%
BC	C	0.02%	0.06%	0.02%
BEN	C	0.06%	0.07%	0.06%
BERY	B	0.02%	0.08%	0.02%
BK	A	0.23%	0.64%	0.23%
BKR	B	0.12%	0.47%	0.12%
BOKF	B	0.03%	0.03%	0.03%
BPOP	B	0.03%	0.07%	0.03%
BR	A	0.07%	0.03%	0.03%
BRKR	D	0.01%	0.02%	0.01%
BRO	B	0.04%	0.16%	0.04%
BRX	A	0.04%	0.1%	0.04%
BWA	D	0.02%	0.09%	0.02%
BWXT	B	0.03%	0.1%	0.03%
BYD	C	0.02%	0.06%	0.02%
CAG	D	0.07%	0.14%	0.07%
CAH	B	0.07%	0.13%	0.07%
CASY	A	0.02%	0.13%	0.02%
CBOE	B	0.05%	0.23%	0.05%
CBSH	A	0.02%	0.09%	0.02%
CC	C	0.01%	0.03%	0.01%
CCI	D	0.22%	0.5%	0.22%
CCK	C	0.01%	0.12%	0.01%
CDW	F	0.03%	0.13%	0.03%
CE	F	0.02%	0.07%	0.02%
CF	B	0.04%	0.18%	0.04%
CFR	B	0.04%	0.09%	0.04%
CG	A	0.08%	0.12%	0.08%
CHD	B	0.04%	0.29%	0.04%
CHE	D	0.01%	0.08%	0.01%
CHH	A	0.01%	0.01%	0.01%
CHRD	D	0.04%	0.09%	0.04%
CHRW	C	0.04%	0.14%	0.04%
CINF	A	0.08%	0.26%	0.08%
CIVI	D	0.04%	0.04%	0.04%
CMA	A	0.06%	0.1%	0.06%
CMI	A	0.17%	0.54%	0.17%
CMS	C	0.07%	0.22%	0.07%
CNA	B	0.05%	0.01%	0.01%
CNP	B	0.05%	0.21%	0.05%
CNXC	F	0.01%	0.02%	0.01%
COKE	C	0.01%	0.08%	0.01%
COLB	A	0.03%	0.07%	0.03%
COLD	D	0.01%	0.07%	0.01%
COLM	B	0.01%	0.03%	0.01%
CPB	D	0.05%	0.09%	0.05%
CPT	B	0.03%	0.14%	0.03%
CRI	D	0.02%	0.02%	0.02%
CSL	C	0.04%	0.19%	0.04%
CTSH	B	0.08%	0.42%	0.08%
CUBE	D	0.06%	0.12%	0.06%
CWEN	C	0.01%	0.01%	0.01%
CWEN	C	0.02%	0.01%	0.01%
CWEN	C	0.02%	0.03%	0.02%
CWEN	C	0.01%	0.03%	0.01%
CXT	B	0.01%	0.03%	0.01%
DAL	C	0.05%	0.45%	0.05%
DCI	B	0.03%	0.1%	0.03%
DD	D	0.09%	0.38%	0.09%
DFS	B	0.13%	0.48%	0.13%
DGX	A	0.04%	0.2%	0.04%
DHI	D	0.06%	0.53%	0.06%
DINO	D	0.03%	0.07%	0.03%
DKS	C	0.04%	0.11%	0.04%
DLB	B	0.01%	0.05%	0.01%
DLR	B	0.17%	0.64%	0.17%
DNB	B	0.01%	0.04%	0.01%
DOV	A	0.06%	0.3%	0.06%
DOW	F	0.19%	0.34%	0.19%
DPZ	C	0.03%	0.11%	0.03%
DRI	B	0.11%	0.1%	0.1%
DTE	C	0.09%	0.27%	0.09%
DTM	B	0.05%	0.11%	0.05%
EA	A	0.04%	0.47%	0.04%
EBAY	D	0.09%	0.34%	0.09%
ED	D	0.19%	0.37%	0.19%
EFX	F	0.03%	0.27%	0.03%
EGP	F	0.01%	0.09%	0.01%
EHC	B	0.03%	0.11%	0.03%
EIX	B	0.15%	0.35%	0.15%
ELS	C	0.02%	0.14%	0.02%
EME	C	0.01%	0.15%	0.01%
EMN	D	0.05%	0.13%	0.05%
EPR	D	0.02%	0.04%	0.02%
EQR	B	0.1%	0.31%	0.1%
EQT	B	0.07%	0.26%	0.07%
ES	D	0.11%	0.24%	0.11%
ESI	A	0.02%	0.07%	0.02%
ESS	B	0.06%	0.21%	0.06%
ETR	B	0.22%	0.35%	0.22%
EVR	B	0.05%	0.12%	0.05%
EVRG	A	0.08%	0.16%	0.08%
EWBC	A	0.06%	0.16%	0.06%
EXC	C	0.15%	0.43%	0.15%
EXP	A	0.02%	0.03%	0.02%
EXPD	D	0.03%	0.16%	0.03%
EXR	D	0.15%	0.38%	0.15%
FAF	A	0.03%	0.07%	0.03%
FANG	D	0.09%	0.37%	0.09%
FAST	B	0.19%	0.08%	0.08%
FBIN	D	0.02%	0.1%	0.02%
FCNCA	A	0.03%	0.29%	0.03%
FDS	B	0.02%	0.13%	0.02%
FE	C	0.11%	0.26%	0.11%
FHB	A	0.04%	0.04%	0.04%
FIS	C	0.21%	0.54%	0.21%
FITB	A	0.16%	0.35%	0.16%
FLO	D	0.03%	0.04%	0.03%
FLS	B	0.03%	0.09%	0.03%
FNB	A	0.04%	0.06%	0.04%
FNF	B	0.07%	0.18%	0.07%
FOX	A	0.05%	0.06%	0.05%
FR	C	0.02%	0.08%	0.02%
FRT	B	0.04%	0.1%	0.04%
FTV	C	0.03%	0.29%	0.03%
GAP	C	0.03%	0.05%	0.03%
GEHC	F	0.03%	0.37%	0.03%
GEN	B	0.05%	0.18%	0.05%
GGG	B	0.02%	0.16%	0.02%
GIS	D	0.16%	0.39%	0.16%
GL	B	0.01%	0.11%	0.01%
GLPI	C	0.06%	0.14%	0.06%
GLW	B	0.17%	0.39%	0.17%
GNTX	C	0.02%	0.08%	0.02%
GPC	D	0.06%	0.19%	0.06%
GPK	C	0.03%	0.09%	0.03%
GPN	B	0.03%	0.33%	0.03%
GWW	B	0.1%	0.07%	0.07%
HAL	C	0.05%	0.29%	0.05%
HBAN	A	0.13%	0.28%	0.13%
HES	B	0.06%	0.16%	0.06%
HIG	B	0.13%	0.38%	0.13%
HII	D	0.02%	0.08%	0.02%
HLI	B	0.04%	0.1%	0.04%
HLT	A	0.06%	0.33%	0.06%
HOG	D	0.01%	0.04%	0.01%
HPE	B	0.08%	0.3%	0.08%
HPQ	B	0.15%	0.3%	0.15%
HRB	D	0.05%	0.07%	0.05%
HRL	D	0.07%	0.09%	0.07%
HST	C	0.04%	0.13%	0.04%
HSY	F	0.08%	0.24%	0.08%
HUBB	B	0.05%	0.26%	0.05%
HUM	C	0.03%	0.37%	0.03%
HUN	F	0.02%	0.04%	0.02%
HWM	A	0.04%	0.47%	0.04%
HXL	D	0.01%	0.05%	0.01%
IBKR	A	0.02%	0.21%	0.02%
IDA	A	0.02%	0.07%	0.02%
IEX	B	0.02%	0.19%	0.02%
INGR	B	0.05%	0.1%	0.05%
INVH	D	0.05%	0.23%	0.05%
IP	B	0.1%	0.22%	0.1%
IPG	D	0.06%	0.11%	0.06%
IR	B	0.05%	0.45%	0.05%
IRDM	D	0.01%	0.03%	0.01%
IRM	D	0.11%	0.16%	0.11%
ITT	A	0.04%	0.14%	0.04%
J	F	0.02%	0.19%	0.02%
JBHT	C	0.02%	0.16%	0.02%
JBL	B	0.02%	0.14%	0.02%
JEF	A	0.07%	0.1%	0.07%
JKHY	D	0.02%	0.14%	0.02%
JNPR	F	0.05%	0.13%	0.05%
JWN	C	0.03%	0.03%	0.03%
K	A	0.13%	0.23%	0.13%
KBR	F	0.01%	0.08%	0.01%
KIM	A	0.05%	0.18%	0.05%
KMPR	B	0.02%	0.05%	0.02%
KR	B	0.16%	0.42%	0.16%
KRC	C	0.01%	0.05%	0.01%
KSS	F	0.01%	0.02%	0.01%
KVUE	A	0.19%	0.5%	0.19%
L	A	0.01%	0.17%	0.01%
LAD	A	0.02%	0.11%	0.02%
LAMR	D	0.06%	0.09%	0.06%
LDOS	C	0.04%	0.24%	0.04%
LEA	D	0.01%	0.06%	0.01%
LECO	B	0.03%	0.09%	0.03%
LEG	F	0.01%	0.02%	0.01%
LEN	D	0.06%	0.02%	0.02%
LEN	D	0.06%	0.44%	0.06%
LFUS	F	0.01%	0.06%	0.01%
LH	C	0.03%	0.22%	0.03%
LHX	C	0.12%	0.51%	0.12%
LKQ	D	0.03%	0.11%	0.03%
LNC	B	0.05%	0.07%	0.05%
LNG	B	0.08%	0.26%	0.08%
LNT	A	0.06%	0.17%	0.06%
LPX	B	0.02%	0.02%	0.02%
LSTR	D	0.02%	0.07%	0.02%
LUV	C	0.06%	0.21%	0.06%
LW	C	0.02%	0.08%	0.02%
M	D	0.02%	0.05%	0.02%
MAA	B	0.06%	0.2%	0.06%
MAN	D	0.01%	0.03%	0.01%
MAS	D	0.05%	0.19%	0.05%
MCHP	D	0.07%	0.37%	0.07%
MDU	D	0.02%	0.04%	0.02%
MKC	D	0.06%	0.21%	0.06%
MKSI	C	0.01%	0.07%	0.01%
MKTX	D	0.01%	0.11%	0.01%
MLM	B	0.04%	0.37%	0.04%
MOS	F	0.02%	0.09%	0.02%
MRO	B	0.04%	0.18%	0.04%
MSA	D	0.01%	0.07%	0.01%
MSCI	C	0.05%	0.21%	0.05%
MSM	C	0.03%	0.04%	0.03%
MTB	A	0.16%	0.39%	0.16%
MTDR	B	0.01%	0.07%	0.01%
MTG	C	0.04%	0.07%	0.04%
MTN	C	0.03%	0.01%	0.01%
NDAQ	A	0.07%	0.36%	0.07%
NDSN	B	0.02%	0.16%	0.02%
NEU	C	0.02%	0.04%	0.02%
NFE	D	0.0%	0.0%	0.0%
NFG	A	0.03%	0.06%	0.03%
NI	A	0.06%	0.18%	0.06%
NNN	D	0.04%	0.08%	0.04%
NOV	C	0.01%	0.07%	0.01%
NRG	B	0.07%	0.12%	0.07%
NSA	D	0.02%	0.03%	0.02%
NTAP	C	0.08%	0.15%	0.08%
NTRS	A	0.09%	0.24%	0.09%
NUE	C	0.05%	0.39%	0.05%
NWS	B	0.0%	0.04%	0.0%
NWSA	B	0.03%	0.12%	0.03%
NXST	C	0.03%	0.03%	0.03%
NYT	C	0.02%	0.09%	0.02%
O	D	0.25%	0.54%	0.25%
OC	A	0.04%	0.18%	0.04%
OGE	B	0.06%	0.09%	0.06%
OGN	D	0.03%	0.04%	0.03%
OKE	A	0.38%	0.7%	0.38%
OLED	D	0.01%	0.04%	0.01%
OLN	D	0.01%	0.05%	0.01%
OMC	C	0.08%	0.21%	0.08%
OMF	A	0.05%	0.07%	0.05%
ORI	A	0.07%	0.1%	0.07%
OSK	B	0.02%	0.08%	0.02%
OTIS	C	0.1%	0.44%	0.1%
OVV	B	0.04%	0.13%	0.04%
OZK	B	0.03%	0.06%	0.03%
PAG	B	0.03%	0.03%	0.03%
PAYC	B	0.01%	0.05%	0.01%
PAYX	C	0.25%	0.32%	0.25%
PB	A	0.03%	0.08%	0.03%
PCG	A	0.04%	0.49%	0.04%
PEG	A	0.26%	0.49%	0.26%
PFG	D	0.09%	0.22%	0.09%
PHM	D	0.05%	0.29%	0.05%
PII	D	0.02%	0.04%	0.02%
PINC	B	0.02%	0.03%	0.02%
PKG	A	0.11%	0.23%	0.11%
PNFP	B	0.01%	0.1%	0.01%
PNW	B	0.08%	0.11%	0.08%
PPG	F	0.08%	0.32%	0.08%
PPL	B	0.1%	0.27%	0.1%
PR	B	0.02%	0.08%	0.02%
PRI	A	0.03%	0.11%	0.03%
PRU	A	0.25%	0.5%	0.25%
PWR	A	0.04%	0.36%	0.04%
R	B	0.03%	0.08%	0.03%
REG	B	0.02%	0.15%	0.02%
REYN	D	0.02%	0.02%	0.02%
RF	A	0.15%	0.27%	0.15%
RGA	A	0.06%	0.17%	0.06%
RGLD	C	0.02%	0.1%	0.02%
RHI	B	0.02%	0.08%	0.02%
RJF	A	0.06%	0.33%	0.06%
RL	B	0.03%	0.09%	0.03%
RLI	B	0.01%	0.08%	0.01%
RMD	C	0.04%	0.27%	0.04%
ROK	B	0.06%	0.33%	0.06%
ROST	C	0.06%	0.39%	0.06%
RPM	A	0.04%	0.15%	0.04%
RRC	B	0.02%	0.09%	0.02%
RRX	B	0.02%	0.12%	0.02%
RS	B	0.05%	0.2%	0.05%
SAIC	F	0.03%	0.07%	0.03%
SBAC	D	0.02%	0.26%	0.02%
SCI	B	0.03%	0.13%	0.03%
SEB	F	0.01%	0.01%	0.01%
SEE	C	0.01%	0.03%	0.01%
SEIC	B	0.02%	0.09%	0.02%
SF	B	0.03%	0.13%	0.03%
SIRI	C	0.03%	0.07%	0.03%
SJM	D	0.05%	0.12%	0.05%
SLGN	A	0.01%	0.05%	0.01%
SLM	A	0.02%	0.06%	0.02%
SMG	D	0.03%	0.04%	0.03%
SNA	A	0.08%	0.2%	0.08%
SNDR	B	0.01%	0.02%	0.01%
SNV	B	0.04%	0.09%	0.04%
SNX	C	0.01%	0.1%	0.01%
SON	D	0.03%	0.05%	0.03%
SPB	C	0.02%	0.03%	0.02%
SPG	B	0.4%	0.48%	0.4%
SSD	D	0.02%	0.08%	0.02%
SSNC	B	0.03%	0.17%	0.03%
STAG	F	0.02%	0.07%	0.02%
STLD	B	0.04%	0.23%	0.04%
STT	A	0.13%	0.32%	0.13%
SUI	D	0.03%	0.17%	0.03%
SW	A	0.04%	0.29%	0.04%
SWK	D	0.05%	0.14%	0.05%
SWKS	F	0.04%	0.15%	0.04%
SYF	B	0.09%	0.28%	0.09%
SYY	B	0.17%	0.16%	0.16%
TAP	C	0.04%	0.12%	0.04%
TECH	D	0.01%	0.12%	0.01%
TER	D	0.01%	0.02%	0.01%
TFSL	A	0.03%	0.01%	0.01%
THG	A	0.02%	0.06%	0.02%
THO	B	0.02%	0.06%	0.02%
TKO	B	0.02%	0.09%	0.02%
TKR	D	0.02%	0.05%	0.02%
TNL	A	0.03%	0.04%	0.03%
TOL	B	0.01%	0.17%	0.01%
TPG	A	0.02%	0.05%	0.02%
TPR	B	0.06%	0.14%	0.06%
TROW	B	0.13%	0.29%	0.13%
TSN	B	0.08%	0.2%	0.08%
TTC	D	0.02%	0.09%	0.02%
TTEK	F	0.02%	0.1%	0.02%
TW	A	0.02%	0.1%	0.02%
TXT	D	0.02%	0.17%	0.02%
UDR	B	0.05%	0.16%	0.05%
UGI	A	0.03%	0.06%	0.03%
UHS	D	0.02%	0.13%	0.02%
UI	A	0.05%	0.01%	0.01%
UNM	A	0.06%	0.15%	0.06%
URI	B	0.08%	0.46%	0.08%
UWMC	D	0.0%	0.0%	0.0%
VAC	B	0.02%	0.03%	0.02%
VICI	C	0.25%	0.36%	0.25%
VIRT	B	0.02%	0.03%	0.02%
VLTO	D	0.01%	0.15%	0.01%
VMC	B	0.05%	0.3%	0.05%
VMI	B	0.01%	0.07%	0.01%
VOYA	B	0.02%	0.09%	0.02%
VTR	C	0.08%	0.28%	0.08%
VTRS	A	0.09%	0.17%	0.09%
WAB	B	0.04%	0.38%	0.04%
WAL	B	0.03%	0.11%	0.03%
WBS	A	0.05%	0.11%	0.05%
WCC	B	0.01%	0.1%	0.01%
WEC	A	0.11%	0.34%	0.11%
WEN	D	0.03%	0.02%	0.02%
WH	B	0.03%	0.07%	0.03%
WLK	D	0.03%	0.05%	0.03%
WMB	A	0.35%	0.76%	0.35%
WMS	D	0.01%	0.06%	0.01%
WPC	D	0.06%	0.13%	0.06%
WRB	A	0.07%	0.2%	0.07%
WSM	B	0.05%	0.07%	0.05%
WSO	A	0.06%	0.2%	0.06%
WST	C	0.03%	0.1%	0.03%
WTFC	A	0.01%	0.09%	0.01%
WTRG	B	0.03%	0.11%	0.03%
WU	D	0.03%	0.03%	0.03%
WWD	B	0.02%	0.11%	0.02%
WY	D	0.04%	0.25%	0.04%
X	C	0.01%	0.09%	0.01%
XEL	A	0.22%	0.43%	0.22%
XRAY	F	0.01%	0.04%	0.01%
XYL	D	0.04%	0.32%	0.04%
YUM	B	0.11%	0.26%	0.11%
ZBH	C	0.02%	0.25%	0.02%
ZION	B	0.04%	0.1%	0.04%

DTD Overweight 409 Positions Relative to IWS

Symbol	Grade	Weight
JPM	A	3.09%
AAPL	C	3.03%
MSFT	F	2.78%
XOM	B	2.48%
AVGO	D	2.39%
NVDA	C	2.38%
ABBV	D	1.97%
JNJ	D	1.83%
HD	A	1.78%
WMT	A	1.61%
PG	A	1.61%
CVX	A	1.51%
KO	D	1.4%
CSCO	B	1.3%
UNH	C	1.24%
BAC	A	1.22%
IBM	C	1.21%
PM	B	1.16%
PEP	F	1.12%
MS	A	1.03%
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%
MO	A	0.7%
GS	A	0.69%
V	A	0.67%
TXN	C	0.65%
LLY	F	0.63%
C	A	0.63%
GOOG	C	0.57%
LOW	D	0.57%
BMY	B	0.57%
RTX	C	0.56%
AMGN	D	0.55%
HON	B	0.53%
GILD	C	0.47%
MA	C	0.45%
LMT	D	0.45%
CAT	B	0.45%
COST	B	0.44%
BLK	C	0.43%
UPS	C	0.43%
QCOM	F	0.42%
ABT	B	0.42%
USB	A	0.42%
SO	D	0.41%
EOG	A	0.41%
DUK	C	0.39%
PNC	B	0.39%
BX	A	0.39%
MDLZ	F	0.37%
UNP	C	0.37%
TJX	A	0.35%
ADP	B	0.34%
PLD	D	0.33%
D	C	0.32%
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%
KMB	D	0.26%
TGT	F	0.25%
CVS	D	0.25%
PSA	D	0.25%
CRM	B	0.25%
MMC	B	0.25%
AEP	D	0.24%
WM	A	0.24%
SYK	C	0.24%
SCHW	B	0.23%
MET	A	0.22%
MPC	D	0.22%
KHC	F	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%
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%
DIS	B	0.17%
INTU	C	0.17%
NSC	B	0.16%
FDX	B	0.16%
GE	D	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%
MSI	B	0.15%
NOC	D	0.14%
AMAT	F	0.14%
KDP	D	0.14%
NKE	D	0.14%
DHR	F	0.14%
SHW	A	0.13%
ECL	D	0.13%
PGR	A	0.13%
KKR	A	0.13%
ELV	F	0.13%
AIG	B	0.13%
BDX	F	0.12%
LRCX	F	0.12%
ZTS	D	0.12%
HCA	F	0.11%
CSX	B	0.11%
MCO	B	0.11%
GM	B	0.11%
TRGP	B	0.11%
STZ	D	0.11%
CARR	D	0.1%
CRBG	B	0.1%
KLAC	D	0.1%
RSG	A	0.1%
ARES	A	0.1%
MCK	B	0.08%
TSCO	D	0.08%
CEG	D	0.08%
LVS	C	0.08%
MU	D	0.08%
OXY	D	0.07%
COR	B	0.07%
CLX	B	0.07%
JXN	C	0.06%
TXRH	C	0.06%
DELL	C	0.06%
LII	A	0.05%
ROP	B	0.05%
OWL	A	0.05%
EQH	B	0.05%
ASB	B	0.04%
AIT	A	0.04%
VLY	B	0.04%
VRSK	A	0.04%
ERIE	D	0.04%
MLI	C	0.04%
BKH	A	0.04%
RDN	C	0.04%
TPL	A	0.04%
BAH	F	0.04%
NWE	B	0.04%
ROL	B	0.04%
ODFL	B	0.04%
LPLA	A	0.03%
KTB	B	0.03%
QCRH	A	0.03%
RUSHA	C	0.03%
KBH	D	0.03%
SASR	B	0.03%
CNS	B	0.03%
PNM	F	0.03%
MPWR	F	0.03%
ACT	D	0.03%
CNO	A	0.03%
TMP	B	0.03%
BANF	B	0.03%
OFG	B	0.03%
CBT	C	0.03%
SR	A	0.03%
CATY	B	0.03%
AUB	B	0.03%
ALE	A	0.03%
HLNE	B	0.03%
POR	C	0.03%
WSBC	A	0.03%
OGS	A	0.03%
VCTR	B	0.03%
FBP	B	0.03%
PATK	D	0.03%
CCOI	B	0.03%
SFNC	B	0.03%
MC	C	0.03%
AWR	B	0.03%
FIBK	A	0.03%
HOMB	A	0.03%
VRT	B	0.03%
HEI	B	0.03%
AROC	B	0.03%
AVA	A	0.03%
PFS	B	0.03%
BANR	B	0.03%
EGBN	B	0.02%
HTH	B	0.02%
TPX	B	0.02%
ZWS	B	0.02%
HTLF	B	0.02%
UMBF	B	0.02%
FRME	B	0.02%
IOSP	B	0.02%
BANC	A	0.02%
STEP	B	0.02%
UVSP	B	0.02%
MGEE	C	0.02%
BFH	B	0.02%
WAFD	B	0.02%
BNL	D	0.02%
RNST	B	0.02%
WHD	B	0.02%
TDS	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%
UPBD	B	0.02%
IBTX	B	0.02%
CCS	D	0.02%
BRC	D	0.02%
WSFS	A	0.02%
BKE	B	0.02%
STC	B	0.02%
APOG	B	0.02%
FCPT	C	0.02%
MCY	A	0.02%
MGY	A	0.02%
IPAR	B	0.02%
ADTN	A	0.02%
UBSI	B	0.02%
NBHC	B	0.02%
HNI	B	0.02%
RHP	B	0.02%
CMC	B	0.02%
FCF	A	0.02%
SBRA	C	0.02%
CRC	B	0.02%
LCII	C	0.02%
MATX	C	0.02%
MUR	D	0.02%
CAKE	C	0.02%
VRTS	B	0.02%
PEBO	A	0.02%
MWA	B	0.02%
BRKL	B	0.02%
FFBC	A	0.02%
OCFC	B	0.02%
TRMK	B	0.02%
KMT	B	0.02%
HAFC	A	0.02%
LANC	C	0.02%
GTY	B	0.02%
KNTK	B	0.02%
FULT	A	0.02%
HRI	B	0.02%
IDCC	A	0.02%
BUSE	B	0.02%
UFPI	B	0.02%
SSB	B	0.02%
CVBF	A	0.02%
IBOC	A	0.02%
STBA	B	0.02%
CBU	B	0.02%
SWX	B	0.02%
PRGS	A	0.02%
TRST	A	0.02%
AVNT	B	0.02%
CADE	B	0.02%
ONB	B	0.02%
NJR	A	0.02%
TRN	C	0.02%
GEF	A	0.02%
GBCI	B	0.02%
NOG	A	0.02%
POOL	C	0.02%
FBMS	B	0.02%
IIPR	D	0.01%
CHCO	B	0.01%
DAN	D	0.01%
DK	C	0.01%
HI	C	0.01%
TEX	D	0.01%
AESI	B	0.01%
IBP	D	0.01%
LZB	B	0.01%
WMG	C	0.01%
BMI	B	0.01%
VSH	D	0.01%
LXP	D	0.01%
WOR	F	0.01%
GES	F	0.01%
MLKN	D	0.01%
PCH	D	0.01%
CABO	C	0.01%
OXM	D	0.01%
SCL	C	0.01%
ENS	D	0.01%
WINA	B	0.01%
MUSA	A	0.01%
BLMN	F	0.01%
SCS	C	0.01%
KNSL	B	0.01%
LEVI	F	0.01%
LBRT	D	0.01%
PBI	B	0.01%
PRDO	B	0.01%
XRX	F	0.01%
GBX	A	0.01%
AGM	C	0.01%
MCRI	A	0.01%
DIN	C	0.01%
DLX	B	0.01%
ORA	B	0.01%
WKC	D	0.01%
KRO	D	0.01%
GRNT	B	0.01%
RGP	F	0.01%
RRR	D	0.01%
HEES	B	0.01%
SFBS	B	0.01%
JJSF	B	0.01%
PDCO	D	0.01%
NAVI	C	0.01%
PBF	D	0.01%
ENR	B	0.01%
KALU	C	0.01%
PTVE	B	0.01%
BTU	B	0.01%
CHDN	B	0.01%
SAFT	C	0.01%
UTZ	D	0.01%
UVV	B	0.01%
UCB	A	0.01%
AZZ	B	0.01%
HP	B	0.01%
KLG	C	0.01%
BHE	B	0.01%
MORN	B	0.01%
AAON	B	0.01%
PZZA	D	0.01%
HMN	B	0.01%
SIGI	C	0.01%
WERN	C	0.01%
CRGY	B	0.01%
EDR	A	0.01%
FIX	A	0.01%
MMS	F	0.01%
BOH	B	0.01%
AMSF	B	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%
FG	B	0.01%
BCO	D	0.01%
CPK	A	0.01%
SRCE	B	0.01%
SM	B	0.01%
STRA	C	0.01%
BSY	D	0.01%
ABM	B	0.01%
GOLF	B	0.01%
CFFN	B	0.01%
WDFC	B	0.01%
WWW	B	0.01%
PFBC	B	0.01%
UTL	B	0.01%
EBC	B	0.01%
AEO	F	0.01%
WGO	C	0.01%
GATX	A	0.01%
PHIN	A	0.01%
PFSI	D	0.01%
FFIN	B	0.01%
WD	D	0.01%
SXT	B	0.01%
SLG	B	0.01%
PRK	B	0.01%
BKU	A	0.01%
SHOO	D	0.01%
SLVM	B	0.01%
SKT	B	0.01%
JBT	B	0.01%
PTEN	C	0.01%
MSBI	B	0.01%
POWL	C	0.01%
CVI	F	0.01%
CRS	A	0.01%
MAC	B	0.0%
POWI	D	0.0%
KW	B	0.0%
GTN	F	0.0%
RELL	B	0.0%
CWH	B	0.0%
BGS	F	0.0%
NUS	D	0.0%

DTD Underweight 304 Positions Relative to IWS

Symbol	Grade	Weight
KMI	A	-0.58%
MSTR	C	-0.55%
CBRE	B	-0.44%
CTVA	C	-0.43%
FERG	B	-0.42%
CHTR	C	-0.4%
ACGL	D	-0.4%
RCL	A	-0.39%
GRMN	B	-0.36%
WTW	B	-0.35%
TTWO	A	-0.34%
IQV	D	-0.34%
UAL	A	-0.33%
CNC	D	-0.33%
CSGP	D	-0.32%
ANSS	B	-0.32%
ON	D	-0.31%
SQ	B	-0.3%
KEYS	A	-0.29%
NVR	D	-0.28%
CCL	B	-0.27%
DVN	F	-0.27%
MTD	D	-0.27%
BIIB	F	-0.26%
WBD	C	-0.25%
ZM	B	-0.24%
HOOD	B	-0.24%
EXE	B	-0.24%
ILMN	D	-0.24%
LYB	F	-0.24%
TDY	B	-0.24%
STE	F	-0.24%
IFF	D	-0.24%
WDC	D	-0.23%
CFG	B	-0.23%
FSLR	F	-0.22%
CTRA	B	-0.21%
BLDR	D	-0.21%
COO	D	-0.21%
KEY	B	-0.2%
HOLX	D	-0.2%
CVNA	B	-0.19%
TRMB	B	-0.19%
TRU	D	-0.19%
PNR	A	-0.19%
BAX	D	-0.18%
DG	F	-0.18%
MKL	A	-0.18%
ZBRA	B	-0.17%
UTHR	C	-0.17%
VRSN	F	-0.16%
APTV	D	-0.16%
DOC	D	-0.16%
USFD	A	-0.16%
THC	D	-0.16%
AMCR	D	-0.16%
TWLO	A	-0.15%
RNR	C	-0.15%
EG	C	-0.15%
RVTY	F	-0.15%
CW	B	-0.15%
FFIV	B	-0.15%
AVTR	F	-0.15%
BXP	D	-0.14%
COHR	B	-0.14%
CLH	B	-0.14%
BG	F	-0.14%
DLTR	F	-0.14%
AFRM	B	-0.14%
AKAM	D	-0.14%
INCY	C	-0.13%
KMX	B	-0.13%
BJ	A	-0.13%
Z	A	-0.13%
SOFI	A	-0.13%
BMRN	D	-0.13%
FTI	A	-0.13%
NVT	B	-0.13%
NTNX	A	-0.13%
EPAM	C	-0.13%
ALLE	D	-0.13%
FOXA	B	-0.12%
CTLT	B	-0.12%
FWONK	B	-0.12%
PFGC	B	-0.12%
AA	B	-0.12%
FHN	A	-0.12%
CRL	C	-0.11%
DOX	D	-0.11%
CIEN	B	-0.11%
COIN	C	-0.11%
OHI	C	-0.11%
AES	F	-0.11%
NLY	C	-0.11%
GME	C	-0.11%
AYI	B	-0.11%
RPRX	D	-0.11%
BLD	D	-0.11%
DAY	B	-0.11%
CACI	D	-0.11%
GWRE	A	-0.1%
MGM	D	-0.1%
KNX	B	-0.1%
AAL	B	-0.1%
AR	B	-0.1%
HSIC	B	-0.1%
PTC	A	-0.1%
RBC	A	-0.1%
AXTA	A	-0.1%
TFX	F	-0.1%
REXR	F	-0.1%
GMED	A	-0.1%
SOLV	C	-0.1%
BRBR	A	-0.1%
CNH	C	-0.1%
G	B	-0.09%
MTCH	D	-0.09%
CZR	F	-0.09%
APG	B	-0.09%
FICO	B	-0.09%
WAT	B	-0.09%
RIVN	F	-0.09%
CR	A	-0.09%
MTZ	B	-0.09%
JLL	D	-0.09%
WYNN	D	-0.09%
FYBR	D	-0.09%
DAR	C	-0.08%
ELAN	D	-0.08%
FCN	D	-0.08%
MTSI	B	-0.08%
GXO	B	-0.08%
FND	C	-0.08%
ALGN	D	-0.08%
ATI	D	-0.08%
ESAB	B	-0.08%
AGNC	D	-0.08%
VFC	C	-0.08%
VNO	B	-0.08%
MIDD	C	-0.08%
CART	C	-0.08%
SKX	D	-0.08%
MHK	D	-0.08%
LBRDK	C	-0.08%
KEX	C	-0.08%
ROKU	D	-0.08%
JAZZ	B	-0.08%
WHR	B	-0.07%
VNT	B	-0.07%
RGEN	D	-0.07%
S	B	-0.07%
WBA	F	-0.07%
STWD	C	-0.07%
ARW	D	-0.07%
BIO	D	-0.07%
QRVO	F	-0.07%
MAT	D	-0.07%
MOH	F	-0.07%
KD	B	-0.07%
PARA	C	-0.07%
IVZ	B	-0.07%
CGNX	C	-0.07%
BILL	A	-0.07%
OKTA	C	-0.07%
HR	C	-0.07%
WEX	D	-0.07%
AZPN	A	-0.07%
AXS	A	-0.07%
ALK	C	-0.07%
FMC	D	-0.07%
BFAM	D	-0.06%
POST	C	-0.06%
CCCS	B	-0.06%
SN	D	-0.06%
EXAS	D	-0.06%
CRUS	D	-0.06%
GNRC	B	-0.06%
LITE	B	-0.06%
RITM	C	-0.06%
OLLI	D	-0.06%
DOCS	C	-0.06%
PVH	C	-0.06%
H	B	-0.06%
SAIA	B	-0.06%
ONTO	D	-0.06%
JHG	A	-0.06%
AMG	B	-0.06%
GTES	A	-0.05%
AN	C	-0.05%
EEFT	B	-0.05%
RYN	D	-0.05%
PSN	D	-0.05%
WSC	D	-0.05%
DBX	B	-0.05%
CUZ	B	-0.05%
AGO	B	-0.05%
ST	F	-0.05%
ROIV	C	-0.05%
CROX	D	-0.05%
FRPT	B	-0.05%
WTM	A	-0.05%
ZG	A	-0.04%
ALNY	D	-0.04%
HIW	D	-0.04%
MASI	A	-0.04%
ACHC	F	-0.04%
UHAL	D	-0.04%
IAC	D	-0.04%
NVST	B	-0.04%
CLF	F	-0.04%
W	F	-0.04%
NWL	B	-0.04%
VNOM	A	-0.04%
PRGO	B	-0.04%
MSGS	A	-0.04%
DXC	B	-0.04%
PLNT	A	-0.04%
RH	B	-0.04%
TYL	B	-0.04%
LINE	F	-0.04%
SITE	D	-0.04%
GFS	C	-0.04%
HAYW	B	-0.03%
YETI	C	-0.03%
ULTA	F	-0.03%
ALGM	D	-0.03%
CPRI	F	-0.03%
MP	B	-0.03%
ENOV	C	-0.03%
HHH	B	-0.03%
MPW	F	-0.03%
AGR	B	-0.03%
COTY	F	-0.03%
CNM	D	-0.03%
ECG	C	-0.03%
U	C	-0.03%
AMED	F	-0.03%
PK	B	-0.03%
SNRE	D	-0.03%
LLYVK	A	-0.03%
BROS	B	-0.03%
SPR	D	-0.03%
AMTM	D	-0.03%
BHF	B	-0.03%
LOPE	B	-0.03%
PENN	C	-0.03%
ZI	D	-0.03%
TRIP	F	-0.02%
FTRE	D	-0.02%
EXEL	B	-0.02%
UA	C	-0.02%
QS	F	-0.02%
CLVT	F	-0.02%
GO	C	-0.02%
BIRK	D	-0.02%
ALAB	B	-0.02%
VSTS	C	-0.02%
UAA	C	-0.02%
PSTG	D	-0.02%
RKT	F	-0.02%
AZEK	A	-0.02%
PPC	C	-0.02%
LCID	F	-0.02%
ETSY	D	-0.02%
LBTYK	A	-0.02%
INFA	D	-0.02%
IPGP	D	-0.02%
QDEL	F	-0.02%
LYFT	C	-0.02%
LBTYA	B	-0.02%
GLOB	B	-0.02%
SHC	F	-0.02%
AZTA	D	-0.02%
ADT	C	-0.02%
AAP	C	-0.02%
RCM	F	-0.02%
SAM	C	-0.02%
TXG	F	-0.01%
PLTK	B	-0.01%
DJT	C	-0.01%
CACC	D	-0.01%
PATH	C	-0.01%
WOLF	F	-0.01%
LSCC	D	-0.01%
FIVE	F	-0.01%
HCP	B	-0.01%
CAR	C	-0.01%
LBRDA	C	-0.01%
HAS	D	-0.01%
FWONA	B	-0.01%
PYCR	C	-0.01%
AS	B	-0.01%
CERT	F	-0.01%
DV	C	-0.01%
LLYVA	A	-0.01%
NCNO	B	-0.01%
DDS	B	-0.01%
LOAR	A	-0.0%
PARAA	B	-0.0%
SEG	B	-0.0%
UHAL	D	-0.0%
GRAL	C	-0.0%
LAZ	B	-0.0%
IONS	F	-0.0%