DTD vs. SPYV ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	DTD	SPYV
30 Days	3.20%	2.77%
60 Days	5.00%	4.01%
90 Days	6.93%	6.06%
12 Months	31.64%	26.94%

317 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in SPYV	Overlap
A	D	0.03%	0.18%	0.03%
ABBV	D	1.97%	0.88%	0.88%
ABT	B	0.42%	0.94%	0.42%
ADI	D	0.21%	0.2%	0.2%
ADM	D	0.08%	0.12%	0.08%
ADP	B	0.34%	0.35%	0.34%
AEE	A	0.12%	0.11%	0.11%
AEP	D	0.24%	0.23%	0.23%
AFL	B	0.26%	0.26%	0.26%
AIG	B	0.13%	0.23%	0.13%
AIZ	A	0.03%	0.05%	0.03%
AJG	B	0.07%	0.15%	0.07%
ALB	C	0.02%	0.06%	0.02%
ALL	A	0.15%	0.24%	0.15%
AME	A	0.05%	0.11%	0.05%
AMGN	D	0.55%	0.75%	0.55%
AMP	A	0.14%	0.12%	0.12%
AMT	D	0.27%	0.25%	0.25%
AOS	F	0.02%	0.02%	0.02%
APD	A	0.19%	0.33%	0.19%
APH	A	0.15%	0.18%	0.15%
ARE	D	0.07%	0.08%	0.07%
ATO	A	0.1%	0.1%	0.1%
AVB	B	0.16%	0.15%	0.15%
AVY	D	0.03%	0.08%	0.03%
AWK	D	0.06%	0.12%	0.06%
AXP	A	0.32%	0.23%	0.23%
BAC	A	1.22%	1.45%	1.22%
BALL	D	0.03%	0.09%	0.03%
BBY	D	0.11%	0.08%	0.08%
BDX	F	0.12%	0.31%	0.12%
BEN	C	0.06%	0.03%	0.03%
BK	A	0.23%	0.27%	0.23%
BKR	B	0.12%	0.2%	0.12%
BLK	C	0.43%	0.68%	0.43%
BMY	B	0.57%	0.56%	0.56%
BR	A	0.07%	0.05%	0.05%
BRO	B	0.04%	0.03%	0.03%
BWA	D	0.02%	0.04%	0.02%
BX	A	0.39%	0.17%	0.17%
C	A	0.63%	0.61%	0.61%
CAG	D	0.07%	0.06%	0.06%
CAH	B	0.07%	0.14%	0.07%
CARR	D	0.1%	0.15%	0.1%
CAT	B	0.45%	0.37%	0.37%
CBOE	B	0.05%	0.03%	0.03%
CCI	D	0.22%	0.21%	0.21%
CDW	F	0.03%	0.07%	0.03%
CEG	D	0.08%	0.18%	0.08%
CF	B	0.04%	0.03%	0.03%
CHD	B	0.04%	0.07%	0.04%
CHRW	C	0.04%	0.06%	0.04%
CI	F	0.21%	0.42%	0.21%
CINF	A	0.08%	0.11%	0.08%
CL	D	0.3%	0.21%	0.21%
CLX	B	0.07%	0.1%	0.07%
CMCSA	B	0.88%	0.79%	0.79%
CME	A	0.19%	0.24%	0.19%
CMI	A	0.17%	0.23%	0.17%
CMS	C	0.07%	0.09%	0.07%
CNP	B	0.05%	0.09%	0.05%
COF	B	0.16%	0.33%	0.16%
COP	C	0.32%	0.19%	0.19%
COR	B	0.07%	0.2%	0.07%
COST	B	0.44%	1.11%	0.44%
CPB	D	0.05%	0.04%	0.04%
CPT	B	0.03%	0.06%	0.03%
CSCO	B	1.3%	1.09%	1.09%
CSX	B	0.11%	0.16%	0.11%
CTAS	B	0.15%	0.16%	0.15%
CTSH	B	0.08%	0.19%	0.08%
CVS	D	0.25%	0.32%	0.25%
CVX	A	1.51%	1.29%	1.29%
D	C	0.32%	0.22%	0.22%
DAL	C	0.05%	0.09%	0.05%
DD	D	0.09%	0.16%	0.09%
DE	A	0.18%	0.2%	0.18%
DELL	C	0.06%	0.08%	0.06%
DFS	B	0.13%	0.09%	0.09%
DGX	A	0.04%	0.08%	0.04%
DHR	F	0.14%	0.72%	0.14%
DIS	B	0.17%	0.93%	0.17%
DLR	B	0.17%	0.15%	0.15%
DOV	A	0.06%	0.13%	0.06%
DOW	F	0.19%	0.15%	0.15%
DPZ	C	0.03%	0.04%	0.03%
DRI	B	0.11%	0.04%	0.04%
DTE	C	0.09%	0.12%	0.09%
DUK	C	0.39%	0.4%	0.39%
EA	A	0.04%	0.1%	0.04%
EBAY	D	0.09%	0.14%	0.09%
ECL	D	0.13%	0.14%	0.13%
ED	D	0.19%	0.15%	0.15%
EFX	F	0.03%	0.09%	0.03%
EIX	B	0.15%	0.15%	0.15%
ELV	F	0.13%	0.44%	0.13%
EMN	D	0.05%	0.06%	0.05%
EMR	A	0.19%	0.35%	0.19%
EOG	A	0.41%	0.12%	0.12%
EQIX	A	0.16%	0.21%	0.16%
EQR	B	0.1%	0.12%	0.1%
EQT	B	0.07%	0.12%	0.07%
ERIE	D	0.04%	0.02%	0.02%
ES	D	0.11%	0.1%	0.1%
ESS	B	0.06%	0.09%	0.06%
ETR	B	0.22%	0.15%	0.15%
EVRG	A	0.08%	0.07%	0.07%
EXC	C	0.15%	0.18%	0.15%
EXPD	D	0.03%	0.05%	0.03%
EXR	D	0.15%	0.16%	0.15%
FAST	B	0.19%	0.11%	0.11%
FDS	B	0.02%	0.05%	0.02%
FDX	B	0.16%	0.31%	0.16%
FE	C	0.11%	0.1%	0.1%
FIS	C	0.21%	0.23%	0.21%
FITB	A	0.16%	0.15%	0.15%
FOX	A	0.05%	0.03%	0.03%
FRT	B	0.04%	0.04%	0.04%
GD	F	0.2%	0.35%	0.2%
GE	D	0.16%	0.52%	0.16%
GEHC	F	0.03%	0.18%	0.03%
GEN	B	0.05%	0.08%	0.05%
GILD	C	0.47%	0.54%	0.47%
GIS	D	0.16%	0.17%	0.16%
GL	B	0.01%	0.05%	0.01%
GLW	B	0.17%	0.17%	0.17%
GM	B	0.11%	0.3%	0.11%
GPC	D	0.06%	0.08%	0.06%
GPN	B	0.03%	0.14%	0.03%
GS	A	0.69%	0.87%	0.69%
GWW	B	0.1%	0.06%	0.06%
HAL	C	0.05%	0.12%	0.05%
HBAN	A	0.13%	0.12%	0.12%
HCA	F	0.11%	0.16%	0.11%
HD	A	1.78%	1.19%	1.19%
HIG	B	0.13%	0.16%	0.13%
HII	D	0.02%	0.04%	0.02%
HON	B	0.53%	0.7%	0.53%
HPE	B	0.08%	0.13%	0.08%
HPQ	B	0.15%	0.17%	0.15%
HRL	D	0.07%	0.04%	0.04%
HST	C	0.04%	0.02%	0.02%
HSY	F	0.08%	0.08%	0.08%
HUBB	B	0.05%	0.06%	0.05%
HUM	C	0.03%	0.16%	0.03%
HWM	A	0.04%	0.09%	0.04%
IBM	C	1.21%	0.9%	0.9%
ICE	C	0.21%	0.42%	0.21%
IEX	B	0.02%	0.08%	0.02%
INVH	D	0.05%	0.09%	0.05%
IP	B	0.1%	0.09%	0.09%
IPG	D	0.06%	0.05%	0.05%
IR	B	0.05%	0.05%	0.05%
IRM	D	0.11%	0.08%	0.08%
ITW	B	0.31%	0.18%	0.18%
J	F	0.02%	0.08%	0.02%
JBHT	C	0.02%	0.07%	0.02%
JBL	B	0.02%	0.03%	0.02%
JKHY	D	0.02%	0.06%	0.02%
JNJ	D	1.83%	1.71%	1.71%
JNPR	F	0.05%	0.06%	0.05%
JPM	A	3.09%	3.22%	3.09%
K	A	0.13%	0.1%	0.1%
KDP	D	0.14%	0.18%	0.14%
KHC	F	0.21%	0.13%	0.13%
KIM	A	0.05%	0.08%	0.05%
KMB	D	0.26%	0.21%	0.21%
KO	D	1.4%	0.69%	0.69%
KR	B	0.16%	0.18%	0.16%
KVUE	A	0.19%	0.21%	0.19%
L	A	0.01%	0.07%	0.01%
LDOS	C	0.04%	0.11%	0.04%
LEN	D	0.06%	0.08%	0.06%
LH	C	0.03%	0.09%	0.03%
LHX	C	0.12%	0.22%	0.12%
LKQ	D	0.03%	0.05%	0.03%
LMT	D	0.45%	0.54%	0.45%
LNT	A	0.06%	0.07%	0.06%
LOW	D	0.57%	0.72%	0.57%
LUV	C	0.06%	0.09%	0.06%
LVS	C	0.08%	0.03%	0.03%
LW	C	0.02%	0.02%	0.02%
MA	C	0.45%	0.56%	0.45%
MAA	B	0.06%	0.09%	0.06%
MAS	D	0.05%	0.04%	0.04%
MCD	D	0.83%	0.56%	0.56%
MCHP	D	0.07%	0.07%	0.07%
MCK	B	0.08%	0.37%	0.08%
MCO	B	0.11%	0.19%	0.11%
MDLZ	F	0.37%	0.24%	0.24%
MET	A	0.22%	0.23%	0.22%
MKC	D	0.06%	0.09%	0.06%
MKTX	D	0.01%	0.05%	0.01%
MLM	B	0.04%	0.06%	0.04%
MMC	B	0.25%	0.25%	0.25%
MO	A	0.7%	0.44%	0.44%
MOS	F	0.02%	0.04%	0.02%
MPC	D	0.22%	0.11%	0.11%
MRK	F	0.79%	0.7%	0.7%
MRO	B	0.04%	0.04%	0.04%
MS	A	1.03%	0.77%	0.77%
MSCI	C	0.05%	0.1%	0.05%
MSI	B	0.15%	0.16%	0.15%
MTB	A	0.16%	0.17%	0.16%
MU	D	0.08%	0.52%	0.08%
NDAQ	A	0.07%	0.15%	0.07%
NDSN	B	0.02%	0.07%	0.02%
NI	A	0.06%	0.08%	0.06%
NKE	D	0.14%	0.24%	0.14%
NOC	D	0.14%	0.32%	0.14%
NRG	B	0.07%	0.09%	0.07%
NSC	B	0.16%	0.28%	0.16%
NTAP	C	0.08%	0.07%	0.07%
NTRS	A	0.09%	0.1%	0.09%
NUE	C	0.05%	0.06%	0.05%
NWS	B	0.0%	0.02%	0.0%
NWSA	B	0.03%	0.05%	0.03%
O	D	0.25%	0.23%	0.23%
OKE	A	0.38%	0.11%	0.11%
OMC	C	0.08%	0.1%	0.08%
OTIS	C	0.1%	0.11%	0.1%
OXY	D	0.07%	0.16%	0.07%
PAYC	B	0.01%	0.03%	0.01%
PAYX	C	0.25%	0.13%	0.13%
PCAR	B	0.29%	0.08%	0.08%
PCG	A	0.04%	0.21%	0.04%
PEG	A	0.26%	0.2%	0.2%
PEP	F	1.12%	0.68%	0.68%
PFG	D	0.09%	0.09%	0.09%
PG	A	1.61%	1.12%	1.12%
PGR	A	0.13%	0.35%	0.13%
PH	A	0.2%	0.09%	0.09%
PKG	A	0.11%	0.1%	0.1%
PLD	D	0.33%	0.5%	0.33%
PM	B	1.16%	0.59%	0.59%
PNC	B	0.39%	0.39%	0.39%
PNW	B	0.08%	0.05%	0.05%
POOL	C	0.02%	0.03%	0.02%
PPG	F	0.08%	0.13%	0.08%
PPL	B	0.1%	0.12%	0.1%
PRU	A	0.25%	0.21%	0.21%
PSA	D	0.25%	0.14%	0.14%
PSX	C	0.2%	0.25%	0.2%
PWR	A	0.04%	0.07%	0.04%
QCOM	F	0.42%	0.41%	0.41%
REG	B	0.02%	0.06%	0.02%
RF	A	0.15%	0.11%	0.11%
RJF	A	0.06%	0.14%	0.06%
RL	B	0.03%	0.02%	0.02%
RMD	C	0.04%	0.16%	0.04%
ROK	B	0.06%	0.08%	0.06%
ROL	B	0.04%	0.04%	0.04%
ROP	B	0.05%	0.16%	0.05%
RSG	A	0.1%	0.09%	0.09%
RTX	C	0.56%	0.74%	0.56%
SBAC	D	0.02%	0.07%	0.02%
SBUX	A	0.31%	0.22%	0.22%
SCHW	B	0.23%	0.56%	0.23%
SHW	A	0.13%	0.21%	0.13%
SJM	D	0.05%	0.06%	0.05%
SNA	A	0.08%	0.05%	0.05%
SO	D	0.41%	0.44%	0.41%
SPG	B	0.4%	0.16%	0.16%
SPGI	C	0.16%	0.43%	0.16%
SRE	A	0.2%	0.27%	0.2%
STLD	B	0.04%	0.03%	0.03%
STT	A	0.13%	0.13%	0.13%
STZ	D	0.11%	0.18%	0.11%
SW	A	0.04%	0.12%	0.04%
SWK	D	0.05%	0.06%	0.05%
SWKS	F	0.04%	0.06%	0.04%
SYF	B	0.09%	0.12%	0.09%
SYK	C	0.24%	0.22%	0.22%
SYY	B	0.17%	0.17%	0.17%
TAP	C	0.04%	0.05%	0.04%
TECH	D	0.01%	0.05%	0.01%
TER	D	0.01%	0.08%	0.01%
TGT	F	0.25%	0.33%	0.25%
TJX	A	0.35%	0.22%	0.22%
TMO	F	0.16%	0.59%	0.16%
TMUS	B	0.76%	0.55%	0.55%
TPR	B	0.06%	0.06%	0.06%
TROW	B	0.13%	0.13%	0.13%
TRV	B	0.15%	0.27%	0.15%
TSCO	D	0.08%	0.08%	0.08%
TSN	B	0.08%	0.09%	0.08%
TXN	C	0.65%	0.56%	0.56%
TXT	D	0.02%	0.08%	0.02%
UDR	B	0.05%	0.06%	0.05%
UHS	D	0.02%	0.06%	0.02%
UNH	C	1.24%	1.59%	1.24%
UNP	C	0.37%	0.37%	0.37%
UPS	C	0.43%	0.46%	0.43%
USB	A	0.42%	0.37%	0.37%
V	A	0.67%	0.82%	0.67%
VICI	C	0.25%	0.15%	0.15%
VLO	C	0.17%	0.21%	0.17%
VLTO	D	0.01%	0.12%	0.01%
VMC	B	0.05%	0.06%	0.05%
VRSK	A	0.04%	0.09%	0.04%
VTR	C	0.08%	0.12%	0.08%
VTRS	A	0.09%	0.07%	0.07%
WAB	B	0.04%	0.16%	0.04%
WEC	A	0.11%	0.14%	0.11%
WELL	A	0.19%	0.36%	0.19%
WFC	A	0.9%	1.16%	0.9%
WM	A	0.24%	0.2%	0.2%
WMB	A	0.35%	0.19%	0.19%
WMT	A	1.61%	1.72%	1.61%
WRB	A	0.07%	0.08%	0.07%
WY	D	0.04%	0.11%	0.04%
XEL	A	0.22%	0.18%	0.18%
XOM	B	2.48%	2.51%	2.48%
XYL	D	0.04%	0.14%	0.04%
YUM	B	0.11%	0.1%	0.1%
ZBH	C	0.02%	0.1%	0.02%
ZTS	D	0.12%	0.17%	0.12%

DTD Overweight 494 Positions Relative to SPYV

Symbol	Grade	Weight
AAPL	C	3.03%
MSFT	F	2.78%
AVGO	D	2.39%
NVDA	C	2.38%
META	D	0.92%
GOOGL	C	0.87%
ORCL	B	0.74%
LLY	F	0.63%
GOOG	C	0.57%
BKNG	A	0.3%
CRM	B	0.25%
APO	B	0.2%
VST	B	0.18%
INTU	C	0.17%
MAR	B	0.15%
AMAT	F	0.14%
KKR	A	0.13%
LRCX	F	0.12%
TRGP	B	0.11%
CRBG	B	0.1%
KLAC	D	0.1%
ARES	A	0.1%
FANG	D	0.09%
URI	B	0.08%
CG	A	0.08%
LNG	B	0.08%
JEF	A	0.07%
ORI	A	0.07%
FNF	B	0.07%
JXN	C	0.06%
CUBE	D	0.06%
HLT	A	0.06%
WSO	A	0.06%
OGE	B	0.06%
WPC	D	0.06%
LAMR	D	0.06%
UNM	A	0.06%
TXRH	C	0.06%
ROST	C	0.06%
CMA	A	0.06%
RGA	A	0.06%
GLPI	C	0.06%
DHI	D	0.06%
HES	B	0.06%
AM	A	0.06%
EWBC	A	0.06%
LNC	B	0.05%
HRB	D	0.05%
LII	A	0.05%
WBS	A	0.05%
INGR	B	0.05%
ALLY	C	0.05%
EVR	B	0.05%
PHM	D	0.05%
OMF	A	0.05%
RS	B	0.05%
CNA	B	0.05%
WSM	B	0.05%
DTM	B	0.05%
OWL	A	0.05%
EQH	B	0.05%
UI	A	0.05%
ASB	B	0.04%
AIT	A	0.04%
VLY	B	0.04%
MLI	C	0.04%
RPM	A	0.04%
ACI	C	0.04%
CFR	B	0.04%
BKH	A	0.04%
CIVI	D	0.04%
RDN	C	0.04%
MTG	C	0.04%
OC	A	0.04%
CSL	C	0.04%
HLI	B	0.04%
ITT	A	0.04%
TPL	A	0.04%
ZION	B	0.04%
BAH	F	0.04%
OVV	B	0.04%
NWE	B	0.04%
DKS	C	0.04%
NNN	D	0.04%
FHB	A	0.04%
BRX	A	0.04%
CHRD	D	0.04%
ODFL	B	0.04%
FNB	A	0.04%
SNV	B	0.04%
LPLA	A	0.03%
KTB	B	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%
TNL	A	0.03%
SMG	D	0.03%
NXST	C	0.03%
SASR	B	0.03%
CNS	B	0.03%
PNM	F	0.03%
MPWR	F	0.03%
BOKF	B	0.03%
SAIC	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%
EHC	B	0.03%
MSM	C	0.03%
SR	A	0.03%
GPK	C	0.03%
SON	D	0.03%
FCNCA	A	0.03%
CATY	B	0.03%
AUB	B	0.03%
ALE	A	0.03%
HLNE	B	0.03%
GAP	C	0.03%
WST	C	0.03%
DCI	B	0.03%
JWN	C	0.03%
WEN	D	0.03%
POR	C	0.03%
FLO	D	0.03%
OGN	D	0.03%
SCI	B	0.03%
WSBC	A	0.03%
OGS	A	0.03%
BWXT	B	0.03%
VCTR	B	0.03%
OZK	B	0.03%
WU	D	0.03%
R	B	0.03%
FBP	B	0.03%
DINO	D	0.03%
PATK	D	0.03%
FAF	A	0.03%
COLB	A	0.03%
CCOI	B	0.03%
SUI	D	0.03%
MTN	C	0.03%
FLS	B	0.03%
AFG	A	0.03%
SFNC	B	0.03%
WTRG	B	0.03%
SF	B	0.03%
MC	C	0.03%
AWR	B	0.03%
FIBK	A	0.03%
WAL	B	0.03%
NFG	A	0.03%
HOMB	A	0.03%
PB	A	0.03%
TFSL	A	0.03%
VRT	B	0.03%
LECO	B	0.03%
HEI	B	0.03%
AROC	B	0.03%
SIRI	C	0.03%
AVA	A	0.03%
PFS	B	0.03%
UGI	A	0.03%
PAG	B	0.03%
BPOP	B	0.03%
ALSN	B	0.03%
SSNC	B	0.03%
PRI	A	0.03%
BANR	B	0.03%
KMPR	B	0.02%
EGBN	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%
M	D	0.02%
HTLF	B	0.02%
RRC	B	0.02%
PR	B	0.02%
UMBF	B	0.02%
FRME	B	0.02%
CRI	D	0.02%
IOSP	B	0.02%
CWEN	C	0.02%
BERY	B	0.02%
BANC	A	0.02%
STEP	B	0.02%
UVSP	B	0.02%
MGEE	C	0.02%
BFH	B	0.02%
VAC	B	0.02%
BC	C	0.02%
WAFD	B	0.02%
MDU	D	0.02%
HUN	F	0.02%
SPB	C	0.02%
BNL	D	0.02%
RNST	B	0.02%
TKO	B	0.02%
WHD	B	0.02%
ARMK	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%
NSA	D	0.02%
UPBD	B	0.02%
NYT	C	0.02%
ACM	A	0.02%
IBTX	B	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%
BKE	B	0.02%
NEU	C	0.02%
STC	B	0.02%
BYD	C	0.02%
LAD	A	0.02%
APOG	B	0.02%
WWD	B	0.02%
FCPT	C	0.02%
MCY	A	0.02%
MGY	A	0.02%
EPR	D	0.02%
IPAR	B	0.02%
ADTN	A	0.02%
OSK	B	0.02%
IBKR	A	0.02%
AMH	D	0.02%
UBSI	B	0.02%
VIRT	B	0.02%
NBHC	B	0.02%
HNI	B	0.02%
RHP	B	0.02%
PINC	B	0.02%
RHI	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%
EXP	A	0.02%
MUR	D	0.02%
CAKE	C	0.02%
IDA	A	0.02%
VRTS	B	0.02%
RRX	B	0.02%
PEBO	A	0.02%
MWA	B	0.02%
BRKL	B	0.02%
FFBC	A	0.02%
PII	D	0.02%
LPX	B	0.02%
OCFC	B	0.02%
TRMK	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%
HAFC	A	0.02%
LSTR	D	0.02%
LANC	C	0.02%
STAG	F	0.02%
GTY	B	0.02%
KNTK	B	0.02%
TW	A	0.02%
SLM	A	0.02%
FULT	A	0.02%
HRI	B	0.02%
IDCC	A	0.02%
VOYA	B	0.02%
BUSE	B	0.02%
UFPI	B	0.02%
CASY	A	0.02%
SSB	B	0.02%
ESI	A	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%
CBSH	A	0.02%
TPG	A	0.02%
TRST	A	0.02%
TKR	D	0.02%
AVNT	B	0.02%
APA	D	0.02%
REYN	D	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%
GGG	B	0.02%
FBMS	B	0.02%
AVT	C	0.02%
AWI	A	0.02%
IIPR	D	0.01%
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%
LXP	D	0.01%
WOR	F	0.01%
GES	F	0.01%
MLKN	D	0.01%
PCH	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%
BLMN	F	0.01%
SCS	C	0.01%
KNSL	B	0.01%
HXL	D	0.01%
LEVI	F	0.01%
LBRT	D	0.01%
PBI	B	0.01%
PRDO	B	0.01%
CWEN	C	0.01%
OLED	D	0.01%
ASH	D	0.01%
CHE	D	0.01%
XRX	F	0.01%
GBX	A	0.01%
HOG	D	0.01%
AGM	C	0.01%
MCRI	A	0.01%
DIN	C	0.01%
AMKR	D	0.01%
DLX	B	0.01%
ORA	B	0.01%
CHH	A	0.01%
WKC	D	0.01%
KRO	D	0.01%
GRNT	B	0.01%
RGP	F	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%
PDCO	D	0.01%
NAVI	C	0.01%
PBF	D	0.01%
ENR	B	0.01%
KALU	C	0.01%
PTVE	B	0.01%
XRAY	F	0.01%
BTU	B	0.01%
CC	C	0.01%
CHDN	B	0.01%
SAFT	C	0.01%
LEG	F	0.01%
KRC	C	0.01%
UTZ	D	0.01%
MAN	D	0.01%
MTDR	B	0.01%
UVV	B	0.01%
UCB	A	0.01%
WCC	B	0.01%
RLI	B	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%
KSS	F	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%
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%
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%
CFFN	B	0.01%
WDFC	B	0.01%
WWW	B	0.01%
DNB	B	0.01%
AGCO	D	0.01%
ADC	B	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%
PHIN	A	0.01%
PFSI	D	0.01%
WMS	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%
SNX	C	0.01%
WTFC	A	0.01%
MSBI	B	0.01%
POWL	C	0.01%
CCK	C	0.01%
SEE	C	0.01%
CVI	F	0.01%
CRS	A	0.01%
PNFP	B	0.01%
MAC	B	0.0%
POWI	D	0.0%
KW	B	0.0%
GTN	F	0.0%
RELL	B	0.0%
NFE	D	0.0%
UWMC	D	0.0%
CWH	B	0.0%
BGS	F	0.0%
NUS	D	0.0%

DTD Underweight 116 Positions Relative to SPYV

Symbol	Grade	Weight
BRK.A	B	-4.01%
VZ	C	-0.81%
T	A	-0.75%
NEE	D	-0.72%
PFE	D	-0.69%
MDT	D	-0.52%
INTC	D	-0.5%
CB	C	-0.5%
ACN	C	-0.49%
LIN	D	-0.49%
PYPL	B	-0.41%
MMM	D	-0.34%
ISRG	A	-0.3%
SLB	C	-0.29%
TFC	A	-0.29%
JCI	C	-0.27%
BSX	B	-0.27%
FI	A	-0.27%
ETN	A	-0.26%
BA	F	-0.26%
GEV	B	-0.24%
KMI	A	-0.24%
NEM	D	-0.22%
VRTX	F	-0.21%
F	C	-0.2%
CBRE	B	-0.19%
CTVA	C	-0.19%
AON	A	-0.19%
REGN	F	-0.16%
FCX	D	-0.15%
ADSK	A	-0.15%
WTW	B	-0.15%
ABNB	C	-0.14%
UAL	A	-0.14%
CNC	D	-0.14%
KEYS	A	-0.13%
TT	A	-0.13%
DVN	F	-0.12%
EW	C	-0.12%
IFF	D	-0.11%
BIIB	F	-0.11%
ZBRA	B	-0.1%
CHTR	C	-0.1%
WDC	D	-0.1%
CFG	B	-0.1%
FSLR	F	-0.1%
LYB	F	-0.1%
IQV	D	-0.1%
WBD	C	-0.1%
TDY	B	-0.1%
ORLY	B	-0.09%
ON	D	-0.08%
BAX	D	-0.08%
MTD	D	-0.08%
AZO	C	-0.08%
DG	F	-0.08%
TRMB	B	-0.08%
CSGP	D	-0.08%
KEY	B	-0.08%
HOLX	D	-0.08%
WAT	B	-0.07%
FFIV	B	-0.07%
NXPI	D	-0.07%
RVTY	F	-0.07%
APTV	D	-0.07%
AMCR	D	-0.07%
TTWO	A	-0.07%
GRMN	B	-0.07%
DOC	D	-0.07%
EL	F	-0.07%
IDXX	F	-0.07%
MNST	C	-0.07%
EG	C	-0.07%
STX	D	-0.06%
KMX	B	-0.06%
BG	F	-0.06%
INCY	C	-0.06%
ANSS	B	-0.06%
DLTR	F	-0.06%
MRNA	F	-0.06%
STE	F	-0.05%
AES	F	-0.05%
CRL	C	-0.05%
CTLT	B	-0.05%
FOXA	B	-0.05%
PODD	C	-0.05%
BXP	D	-0.05%
DXCM	D	-0.05%
ALLE	D	-0.04%
IVZ	B	-0.04%
VRSN	F	-0.04%
MTCH	D	-0.04%
HAS	D	-0.04%
EPAM	C	-0.04%
HSIC	B	-0.04%
TFX	F	-0.04%
PTC	A	-0.04%
SOLV	C	-0.04%
ENPH	F	-0.03%
DAY	B	-0.03%
ULTA	F	-0.03%
QRVO	F	-0.03%
WBA	F	-0.03%
CTRA	B	-0.03%
PARA	C	-0.03%
FMC	D	-0.03%
ALGN	D	-0.03%
AKAM	D	-0.03%
CCL	B	-0.03%
MHK	D	-0.03%
MOH	F	-0.03%
CZR	F	-0.02%
GNRC	B	-0.02%
PNR	A	-0.02%
MGM	D	-0.01%
DVA	B	-0.01%