DTD vs. VCIT ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

$78.21

Average Daily Volume

23,869

Number of Holdings ^*

810

* may have additional holdings in another (foreign) market

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$80.89

Average Daily Volume

6,630,186

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	DTD	VCIT
30 Days	-0.02%	-2.06%
60 Days	3.90%	-3.01%
90 Days	6.48%	-0.85%
12 Months	30.20%	9.22%

342 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in VCIT	Overlap
A	D	0.04%	0.02%	0.02%
AAPL	C	3.06%	0.01%	0.01%
ABBV	F	2.32%	0.13%	0.13%
ABT	B	0.42%	0.02%	0.02%
ADC	A	0.01%	0.01%	0.01%
ADI	D	0.23%	0.04%	0.04%
ADM	D	0.08%	0.05%	0.05%
ADP	B	0.34%	0.04%	0.04%
AEE	A	0.11%	0.01%	0.01%
AEP	C	0.24%	0.01%	0.01%
AFG	A	0.03%	0.02%	0.02%
AFL	C	0.25%	0.01%	0.01%
AIG	B	0.13%	0.02%	0.02%
AIZ	A	0.03%	0.02%	0.02%
AL	A	0.02%	0.01%	0.01%
ALL	A	0.15%	0.02%	0.02%
AMAT	F	0.15%	0.04%	0.04%
AMGN	D	0.59%	0.01%	0.01%
AMH	C	0.02%	0.02%	0.02%
AMT	D	0.27%	0.03%	0.03%
APD	A	0.19%	0.02%	0.02%
APH	B	0.15%	0.02%	0.02%
ARE	D	0.08%	0.01%	0.01%
ATO	A	0.1%	0.02%	0.02%
AVB	A	0.16%	0.02%	0.02%
AVGO	C	2.53%	0.01%	0.01%
AVT	C	0.03%	0.02%	0.02%
AVY	D	0.03%	0.02%	0.02%
AWK	C	0.06%	0.02%	0.02%
AXP	A	0.32%	0.11%	0.11%
BAC	A	1.19%	0.01%	0.01%
BBY	C	0.1%	0.02%	0.02%
BC	D	0.02%	0.03%	0.02%
BDX	F	0.11%	0.03%	0.03%
BEN	C	0.06%	0.04%	0.04%
BERY	D	0.02%	0.03%	0.02%
BK	A	0.23%	0.01%	0.01%
BKH	A	0.04%	0.01%	0.01%
BKNG	A	0.3%	0.03%	0.03%
BKU	A	0.01%	0.02%	0.01%
BMY	B	0.54%	0.03%	0.03%
BR	A	0.07%	0.04%	0.04%
BRO	B	0.04%	0.02%	0.02%
BRX	A	0.04%	0.01%	0.01%
BWA	A	0.02%	0.01%	0.01%
C	A	0.62%	0.02%	0.02%
CAG	F	0.07%	0.01%	0.01%
CAH	B	0.06%	0.05%	0.05%
CARR	D	0.1%	0.04%	0.04%
CAT	B	0.48%	0.02%	0.02%
CBOE	D	0.05%	0.02%	0.02%
CBT	C	0.03%	0.01%	0.01%
CCI	D	0.23%	0.03%	0.03%
CE	F	0.02%	0.02%	0.02%
CHD	A	0.04%	0.02%	0.02%
CHH	A	0.01%	0.01%	0.01%
CHRW	A	0.04%	0.03%	0.03%
CI	D	0.2%	0.02%	0.02%
CINF	A	0.08%	0.02%	0.02%
CLX	A	0.07%	0.01%	0.01%
CMA	A	0.06%	0.03%	0.03%
CMCSA	B	0.88%	0.02%	0.02%
CME	A	0.18%	0.03%	0.03%
CMI	A	0.16%	0.04%	0.04%
CMS	C	0.07%	0.02%	0.02%
CNA	C	0.05%	0.01%	0.01%
CNO	A	0.03%	0.03%	0.03%
CNP	A	0.05%	0.02%	0.02%
COF	A	0.16%	0.03%	0.03%
COP	C	0.32%	0.01%	0.01%
COST	B	0.43%	0.07%	0.07%
CPB	D	0.05%	0.03%	0.03%
CPT	D	0.03%	0.02%	0.02%
CRM	A	0.23%	0.07%	0.07%
CSL	B	0.04%	0.03%	0.03%
CSX	B	0.1%	0.02%	0.02%
CTAS	B	0.15%	0.05%	0.05%
CUBE	C	0.06%	0.01%	0.01%
CVS	F	0.26%	0.02%	0.02%
CVX	A	1.49%	0.01%	0.01%
D	C	0.32%	0.01%	0.01%
DAL	A	0.05%	0.03%	0.03%
DD	D	0.09%	0.1%	0.09%
DE	D	0.19%	0.01%	0.01%
DELL	C	0.07%	0.04%	0.04%
DFS	A	0.13%	0.01%	0.01%
DGX	A	0.04%	0.01%	0.01%
DHI	D	0.07%	0.02%	0.02%
DHR	D	0.15%	0.04%	0.04%
DIS	A	0.16%	0.03%	0.03%
DLR	A	0.18%	0.03%	0.03%
DOV	A	0.06%	0.02%	0.02%
DOW	F	0.21%	0.01%	0.01%
DRI	B	0.11%	0.02%	0.02%
DTE	C	0.09%	0.01%	0.01%
DUK	C	0.39%	0.01%	0.01%
EA	A	0.04%	0.04%	0.04%
EBAY	D	0.09%	0.04%	0.04%
ECL	D	0.12%	0.01%	0.01%
ED	D	0.19%	0.01%	0.01%
EFX	F	0.03%	0.03%	0.03%
EIX	C	0.15%	0.01%	0.01%
EMN	C	0.05%	0.03%	0.03%
EMR	A	0.19%	0.01%	0.01%
EOG	A	0.39%	0.05%	0.05%
EPR	D	0.02%	0.02%	0.02%
EQH	B	0.05%	0.01%	0.01%
EQIX	B	0.16%	0.02%	0.02%
EQR	C	0.1%	0.02%	0.02%
ES	C	0.11%	0.01%	0.01%
ESS	A	0.05%	0.01%	0.01%
ETR	A	0.22%	0.01%	0.01%
EVRG	A	0.08%	0.01%	0.01%
EXC	C	0.15%	0.01%	0.01%
EXP	B	0.02%	0.04%	0.02%
EXR	C	0.15%	0.02%	0.02%
FAF	C	0.03%	0.03%	0.03%
FANG	D	0.09%	0.04%	0.04%
FDX	A	0.15%	0.02%	0.02%
FIS	B	0.2%	0.03%	0.03%
FITB	A	0.15%	0.03%	0.03%
FLO	D	0.03%	0.01%	0.01%
FLS	A	0.03%	0.03%	0.03%
FNF	C	0.07%	0.02%	0.02%
FRT	B	0.04%	0.02%	0.02%
GD	D	0.2%	0.01%	0.01%
GE	D	0.16%	0.04%	0.04%
GILD	B	0.5%	0.01%	0.01%
GIS	D	0.16%	0.04%	0.04%
GL	B	0.01%	0.02%	0.01%
GLPI	D	0.06%	0.03%	0.03%
GM	A	0.1%	0.02%	0.02%
GOOG	B	0.57%	0.01%	0.01%
GOOGL	B	0.88%	0.04%	0.04%
GPC	D	0.06%	0.02%	0.02%
GPN	B	0.03%	0.02%	0.02%
GS	A	0.67%	0.05%	0.05%
HAL	C	0.05%	0.06%	0.05%
HBAN	A	0.13%	0.02%	0.02%
HCA	D	0.11%	0.05%	0.05%
HD	A	1.74%	0.03%	0.03%
HES	B	0.06%	0.02%	0.02%
HIG	C	0.13%	0.03%	0.03%
HII	F	0.02%	0.01%	0.01%
HON	A	0.49%	0.01%	0.01%
HP	C	0.01%	0.03%	0.01%
HPQ	B	0.15%	0.04%	0.04%
HRB	D	0.05%	0.03%	0.03%
HRL	D	0.07%	0.01%	0.01%
HST	D	0.04%	0.03%	0.03%
HSY	F	0.07%	0.01%	0.01%
HUBB	B	0.05%	0.01%	0.01%
HUM	F	0.03%	0.01%	0.01%
HUN	F	0.02%	0.02%	0.02%
IBM	D	1.22%	0.01%	0.01%
ICE	D	0.21%	0.03%	0.03%
IEX	B	0.02%	0.05%	0.02%
INGR	B	0.05%	0.03%	0.03%
INTU	A	0.16%	0.02%	0.02%
INVH	D	0.04%	0.04%	0.04%
IPG	F	0.06%	0.02%	0.02%
ITW	B	0.31%	0.04%	0.04%
JBL	C	0.02%	0.03%	0.02%
JEF	A	0.06%	0.02%	0.02%
JNJ	D	1.88%	0.01%	0.01%
JNPR	D	0.05%	0.03%	0.03%
JPM	A	3.03%	0.01%	0.01%
K	B	0.13%	0.02%	0.02%
KDP	D	0.14%	0.03%	0.03%
KIM	A	0.05%	0.02%	0.02%
KLAC	F	0.11%	0.04%	0.04%
KMB	C	0.26%	0.02%	0.02%
KMPR	A	0.01%	0.01%	0.01%
KMT	B	0.02%	0.01%	0.01%
KO	D	1.41%	0.01%	0.01%
KR	B	0.16%	0.01%	0.01%
KRC	C	0.01%	0.02%	0.01%
KSS	F	0.01%	0.03%	0.01%
L	A	0.01%	0.04%	0.01%
LDOS	C	0.04%	0.05%	0.04%
LEA	F	0.01%	0.02%	0.01%
LEG	F	0.01%	0.02%	0.01%
LEN	D	0.07%	0.01%	0.01%
LH	B	0.03%	0.01%	0.01%
LHX	B	0.12%	0.01%	0.01%
LII	B	0.05%	0.02%	0.02%
LLY	F	0.62%	0.03%	0.03%
LMT	D	0.44%	0.04%	0.04%
LNC	A	0.05%	0.02%	0.02%
LNT	A	0.06%	0.01%	0.01%
LOW	A	0.56%	0.01%	0.01%
LRCX	F	0.13%	0.04%	0.04%
LUV	A	0.06%	0.01%	0.01%
LVS	C	0.08%	0.04%	0.04%
LXP	D	0.01%	0.01%	0.01%
MA	A	0.44%	0.03%	0.03%
MAA	A	0.06%	0.01%	0.01%
MAR	A	0.14%	0.01%	0.01%
MAS	D	0.05%	0.02%	0.02%
MCD	D	0.82%	0.01%	0.01%
MCO	C	0.1%	0.02%	0.02%
MCY	A	0.02%	0.02%	0.02%
MDLZ	F	0.37%	0.02%	0.02%
MET	A	0.22%	0.07%	0.07%
MKC	D	0.06%	0.01%	0.01%
MLM	B	0.04%	0.01%	0.01%
MMC	C	0.25%	0.04%	0.04%
MO	A	0.68%	0.02%	0.02%
MOS	D	0.02%	0.04%	0.02%
MPC	D	0.22%	0.04%	0.04%
MRK	F	0.81%	0.06%	0.06%
MRO	A	0.04%	0.05%	0.04%
MS	A	1.0%	0.01%	0.01%
MSFT	D	2.78%	0.23%	0.23%
MSI	A	0.15%	0.02%	0.02%
MTB	A	0.15%	0.04%	0.04%
MU	D	0.09%	0.03%	0.03%
NDAQ	A	0.07%	0.03%	0.03%
NEU	C	0.02%	0.01%	0.01%
NFG	A	0.03%	0.01%	0.01%
NI	A	0.06%	0.03%	0.03%
NKE	D	0.14%	0.04%	0.04%
NNN	D	0.04%	0.01%	0.01%
NOC	D	0.14%	0.02%	0.02%
NOV	D	0.01%	0.02%	0.01%
NSC	B	0.16%	0.01%	0.01%
NTAP	D	0.09%	0.03%	0.03%
NTRS	A	0.09%	0.02%	0.02%
NUE	D	0.06%	0.02%	0.02%
NVDA	B	2.42%	0.06%	0.06%
O	D	0.25%	0.03%	0.03%
OC	A	0.04%	0.02%	0.02%
OGE	A	0.06%	0.01%	0.01%
OGS	A	0.03%	0.01%	0.01%
OKE	A	0.36%	0.01%	0.01%
OMC	C	0.08%	0.03%	0.03%
ORCL	A	0.73%	0.02%	0.02%
OSK	C	0.02%	0.02%	0.02%
OTIS	D	0.1%	0.04%	0.04%
PCG	A	0.03%	0.01%	0.01%
PEG	C	0.25%	0.01%	0.01%
PEP	F	1.12%	0.02%	0.02%
PFG	C	0.09%	0.02%	0.02%
PG	C	1.58%	0.04%	0.04%
PGR	B	0.12%	0.01%	0.01%
PH	A	0.19%	0.05%	0.05%
PHM	D	0.05%	0.03%	0.03%
PKG	B	0.11%	0.02%	0.02%
PLD	D	0.33%	0.01%	0.01%
PM	A	1.15%	0.02%	0.02%
PNC	A	0.38%	0.01%	0.01%
PNW	A	0.07%	0.01%	0.01%
PPG	F	0.08%	0.02%	0.02%
PRU	A	0.24%	0.02%	0.02%
PSA	C	0.25%	0.01%	0.01%
PSX	C	0.2%	0.04%	0.04%
PWR	A	0.04%	0.05%	0.04%
QCOM	F	0.45%	0.05%	0.05%
R	A	0.03%	0.02%	0.02%
REG	A	0.02%	0.02%	0.02%
RF	A	0.15%	0.03%	0.03%
RGA	A	0.06%	0.03%	0.03%
RJF	A	0.06%	0.07%	0.06%
RL	B	0.04%	0.03%	0.03%
ROK	A	0.06%	0.01%	0.01%
ROP	C	0.05%	0.03%	0.03%
ROST	D	0.06%	0.02%	0.02%
RPM	A	0.04%	0.03%	0.03%
RS	B	0.05%	0.02%	0.02%
RSG	B	0.1%	0.01%	0.01%
RTX	D	0.54%	0.01%	0.01%
SBRA	C	0.02%	0.03%	0.02%
SBUX	A	0.3%	0.02%	0.02%
SCHW	A	0.21%	0.01%	0.01%
SCS	A	0.01%	0.03%	0.01%
SF	A	0.03%	0.02%	0.02%
SHW	B	0.12%	0.02%	0.02%
SJM	F	0.05%	0.03%	0.03%
SKT	A	0.01%	0.02%	0.01%
SNA	A	0.08%	0.01%	0.01%
SNX	D	0.02%	0.03%	0.02%
SO	C	0.41%	0.02%	0.02%
SON	D	0.03%	0.03%	0.03%
SPG	A	0.39%	0.01%	0.01%
SPGI	C	0.16%	0.02%	0.02%
SRE	A	0.2%	0.03%	0.03%
STLD	B	0.05%	0.02%	0.02%
STT	A	0.13%	0.01%	0.01%
STZ	D	0.11%	0.02%	0.02%
SUI	D	0.03%	0.01%	0.01%
SWK	F	0.06%	0.03%	0.03%
SWKS	F	0.04%	0.03%	0.03%
SWX	A	0.02%	0.01%	0.01%
SYF	A	0.09%	0.03%	0.03%
SYK	A	0.23%	0.02%	0.02%
SYY	D	0.18%	0.05%	0.05%
TGT	D	0.24%	0.02%	0.02%
THG	A	0.01%	0.01%	0.01%
TJX	A	0.34%	0.01%	0.01%
TKR	F	0.02%	0.02%	0.02%
TMO	D	0.17%	0.03%	0.03%
TMUS	A	0.73%	0.09%	0.09%
TSCO	D	0.08%	0.03%	0.03%
TSN	A	0.07%	0.06%	0.06%
TXN	C	0.69%	0.02%	0.02%
TXT	D	0.02%	0.01%	0.01%
UDR	C	0.05%	0.01%	0.01%
UHS	D	0.02%	0.04%	0.02%
UNH	B	1.24%	0.01%	0.01%
UNM	A	0.06%	0.02%	0.02%
UNP	D	0.37%	0.02%	0.02%
UPS	C	0.44%	0.03%	0.03%
URI	B	0.08%	0.04%	0.04%
USB	B	0.41%	0.01%	0.01%
V	A	0.66%	0.03%	0.03%
VLO	C	0.16%	0.03%	0.03%
VMC	B	0.05%	0.02%	0.02%
VOYA	A	0.02%	0.02%	0.02%
VRSK	B	0.03%	0.06%	0.03%
VTR	C	0.08%	0.02%	0.02%
VTRS	A	0.09%	0.04%	0.04%
WAB	B	0.04%	0.04%	0.04%
WBS	A	0.05%	0.02%	0.02%
WEC	A	0.11%	0.01%	0.01%
WELL	A	0.19%	0.01%	0.01%
WFC	A	0.86%	0.01%	0.01%
WLK	F	0.03%	0.01%	0.01%
WM	B	0.23%	0.01%	0.01%
WMB	A	0.35%	0.01%	0.01%
WMT	A	1.58%	0.01%	0.01%
WPC	D	0.06%	0.02%	0.02%
WTFC	A	0.01%	0.01%	0.01%
WTRG	C	0.03%	0.03%	0.03%
WU	F	0.03%	0.02%	0.02%
WY	D	0.05%	0.01%	0.01%
XEL	A	0.21%	0.01%	0.01%
XOM	B	2.47%	0.01%	0.01%
XRAY	F	0.01%	0.04%	0.01%
XYL	D	0.04%	0.02%	0.02%
ZBH	C	0.02%	0.05%	0.02%
ZION	A	0.04%	0.03%	0.03%
ZTS	D	0.12%	0.02%	0.02%

DTD Overweight 468 Positions Relative to VCIT

Symbol	Grade	Weight
CSCO	B	1.27%
META	C	0.94%
BX	A	0.38%
CL	D	0.3%
PCAR	B	0.28%
VICI	C	0.25%
PAYX	B	0.25%
KHC	F	0.21%
APO	A	0.2%
KVUE	A	0.19%
FAST	B	0.18%
GLW	B	0.17%
VST	A	0.17%
ELV	F	0.14%
AMP	A	0.14%
TRV	A	0.14%
TROW	A	0.13%
KKR	A	0.13%
IRM	D	0.12%
BKR	A	0.12%
IP	A	0.11%
YUM	D	0.11%
FE	C	0.11%
GWW	A	0.1%
CRBG	B	0.1%
ARES	B	0.1%
TRGP	A	0.1%
CEG	D	0.09%
PPL	A	0.09%
NRG	B	0.08%
HPE	B	0.08%
CG	B	0.08%
LNG	A	0.08%
CTSH	B	0.08%
MCHP	F	0.08%
ORI	A	0.07%
AM	A	0.07%
AJG	A	0.07%
WRB	A	0.07%
EQT	A	0.07%
OXY	F	0.07%
COR	B	0.07%
MCK	A	0.07%
WSO	A	0.06%
HLT	A	0.06%
WSM	F	0.06%
TPR	A	0.06%
JXN	B	0.06%
TXRH	A	0.06%
LAMR	D	0.06%
EWBC	A	0.06%
AME	A	0.05%
SW	A	0.05%
GEN	B	0.05%
RMD	C	0.05%
IR	A	0.05%
FOX	A	0.05%
ALLY	C	0.05%
OMF	A	0.05%
EVR	A	0.05%
MSCI	A	0.05%
DTM	A	0.05%
OWL	A	0.05%
VLY	A	0.04%
TAP	A	0.04%
ERIE	F	0.04%
CFR	A	0.04%
ACI	C	0.04%
RDN	C	0.04%
MLI	B	0.04%
CDW	F	0.04%
MTG	C	0.04%
HLI	A	0.04%
CF	A	0.04%
TPL	A	0.04%
NWE	C	0.04%
ITT	A	0.04%
HWM	A	0.04%
OVV	C	0.04%
CIVI	F	0.04%
ROL	A	0.04%
BAH	D	0.04%
FNB	A	0.04%
DKS	D	0.04%
FHB	A	0.04%
ODFL	B	0.04%
UI	A	0.04%
SNV	A	0.04%
CHRD	F	0.04%
AOS	F	0.03%
SASR	A	0.03%
RUSHA	B	0.03%
PNM	B	0.03%
TNL	A	0.03%
ATR	B	0.03%
POOL	D	0.03%
SMG	D	0.03%
BOKF	A	0.03%
ACT	C	0.03%
KBH	D	0.03%
TMP	A	0.03%
CNS	B	0.03%
SAIC	D	0.03%
NWSA	B	0.03%
BANF	A	0.03%
OFG	B	0.03%
WST	C	0.03%
SR	A	0.03%
AUB	A	0.03%
EHC	B	0.03%
CATY	A	0.03%
BWXT	A	0.03%
MSM	C	0.03%
GAP	C	0.03%
FCNCA	A	0.03%
GPK	D	0.03%
HLNE	A	0.03%
ALE	A	0.03%
JWN	A	0.03%
DCI	B	0.03%
WSBC	A	0.03%
POR	D	0.03%
NXST	D	0.03%
PATK	C	0.03%
DPZ	C	0.03%
OZK	A	0.03%
SCI	B	0.03%
FBP	A	0.03%
DINO	D	0.03%
OGN	F	0.03%
VCTR	B	0.03%
COLB	A	0.03%
WEN	C	0.03%
MTN	C	0.03%
HEI	A	0.03%
BALL	D	0.03%
LKQ	D	0.03%
PB	A	0.03%
HOMB	A	0.03%
FIBK	A	0.03%
AROC	A	0.03%
SFNC	B	0.03%
WAL	A	0.03%
TFSL	A	0.03%
AWR	A	0.03%
VRT	A	0.03%
AVA	C	0.03%
SIRI	C	0.03%
BPOP	C	0.03%
MC	B	0.03%
PRI	A	0.03%
MPWR	F	0.03%
BANR	A	0.03%
PFS	A	0.03%
PAG	A	0.03%
GEHC	D	0.03%
ALSN	B	0.03%
AIT	A	0.03%
CCOI	B	0.03%
ASB	A	0.03%
LECO	C	0.03%
EXPD	D	0.03%
SSNC	D	0.03%
UGI	C	0.03%
SHOO	D	0.02%
ZWS	B	0.02%
TTEK	D	0.02%
HTH	B	0.02%
UMBF	A	0.02%
HTLF	A	0.02%
CRI	D	0.02%
SLG	B	0.02%
PR	C	0.02%
FRME	A	0.02%
TER	F	0.02%
SSD	D	0.02%
UVSP	A	0.02%
MDU	D	0.02%
IOSP	C	0.02%
BANC	A	0.02%
POWL	C	0.02%
SPB	C	0.02%
SYBT	A	0.02%
WAFD	A	0.02%
STEP	A	0.02%
HWC	A	0.02%
RNST	A	0.02%
CWEN	D	0.02%
WHD	B	0.02%
ARMK	C	0.02%
TKO	C	0.02%
VAC	B	0.02%
BKE	A	0.02%
SLVM	B	0.02%
UPBD	B	0.02%
KFY	B	0.02%
M	C	0.02%
SEM	B	0.02%
WSFS	A	0.02%
NSA	C	0.02%
MRTN	C	0.02%
BNL	D	0.02%
ACM	B	0.02%
WMS	F	0.02%
BFH	A	0.02%
OTTR	C	0.02%
IBTX	A	0.02%
IBKR	A	0.02%
SEIC	A	0.02%
STC	A	0.02%
BRC	C	0.02%
TDS	B	0.02%
GNTX	C	0.02%
LAD	A	0.02%
BYD	A	0.02%
NYT	D	0.02%
APOG	B	0.02%
FCPT	C	0.02%
IPAR	C	0.02%
VIRT	A	0.02%
CCS	F	0.02%
WWD	B	0.02%
MGY	A	0.02%
UBSI	A	0.02%
NDSN	B	0.02%
IDA	A	0.02%
LW	C	0.02%
MATX	B	0.02%
RHP	B	0.02%
ADTN	A	0.02%
HNI	A	0.02%
RHI	B	0.02%
FCF	A	0.02%
CRC	B	0.02%
PINC	B	0.02%
BRKL	A	0.02%
CAKE	A	0.02%
NBHC	A	0.02%
MWA	A	0.02%
PEBO	A	0.02%
CMC	B	0.02%
LCII	D	0.02%
VRTS	A	0.02%
FFBC	A	0.02%
OCFC	A	0.02%
LPX	A	0.02%
ELS	B	0.02%
MUR	F	0.02%
TRMK	A	0.02%
HAFC	A	0.02%
BBWI	C	0.02%
RRX	B	0.02%
LSTR	D	0.02%
THO	B	0.02%
FULT	A	0.02%
GTY	C	0.02%
PII	F	0.02%
STAG	D	0.02%
IDCC	A	0.02%
SLM	A	0.02%
CVBF	A	0.02%
CBSH	A	0.02%
KNTK	A	0.02%
BUSE	A	0.02%
FBIN	D	0.02%
RGLD	C	0.02%
TTC	D	0.02%
JBHT	B	0.02%
STBA	A	0.02%
LANC	D	0.02%
ALB	C	0.02%
FDS	A	0.02%
TW	B	0.02%
IBOC	A	0.02%
JKHY	D	0.02%
CBU	A	0.02%
J	D	0.02%
CASY	B	0.02%
UFPI	C	0.02%
SSB	A	0.02%
TRST	A	0.02%
ESI	B	0.02%
PRGS	B	0.02%
HRI	B	0.02%
SBAC	D	0.02%
ONB	B	0.02%
TPG	B	0.02%
AVNT	A	0.02%
APA	F	0.02%
NJR	A	0.02%
CADE	A	0.02%
GEF	A	0.02%
REYN	D	0.02%
TRN	A	0.02%
GBCI	A	0.02%
NOG	A	0.02%
GGG	A	0.02%
FBMS	A	0.02%
LPLA	A	0.02%
QCRH	A	0.02%
AWI	A	0.02%
KTB	A	0.02%
FTV	D	0.02%
WH	A	0.02%
IIPR	F	0.01%
CHCO	A	0.01%
DAN	F	0.01%
DK	D	0.01%
CNXC	F	0.01%
LZB	A	0.01%
AESI	D	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%
DLB	D	0.01%
GES	F	0.01%
TEX	D	0.01%
MLKN	F	0.01%
PCH	D	0.01%
PRDO	B	0.01%
OXM	F	0.01%
WOR	F	0.01%
TOL	B	0.01%
ENS	D	0.01%
MUSA	A	0.01%
KNSL	C	0.01%
VSH	F	0.01%
SCL	D	0.01%
WINA	B	0.01%
HXL	F	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	A	0.01%
DIN	C	0.01%
GRNT	B	0.01%
OLED	F	0.01%
HOG	D	0.01%
XRX	F	0.01%
SLGN	B	0.01%
WKC	C	0.01%
ORA	B	0.01%
BLMN	F	0.01%
AMKR	F	0.01%
SFBS	A	0.01%
COLM	B	0.01%
RGP	F	0.01%
AAON	A	0.01%
HEES	B	0.01%
EGP	D	0.01%
CXT	D	0.01%
PTVE	C	0.01%
SEB	F	0.01%
ENR	A	0.01%
NAVI	D	0.01%
JJSF	C	0.01%
RLI	A	0.01%
PBF	D	0.01%
KRO	D	0.01%
UCB	A	0.01%
MTDR	C	0.01%
UVV	B	0.01%
KALU	C	0.01%
SAFT	A	0.01%
RRR	D	0.01%
WCC	A	0.01%
UTZ	D	0.01%
MKTX	C	0.01%
PDCO	F	0.01%
CHDN	C	0.01%
MAN	F	0.01%
AZZ	B	0.01%
BTU	B	0.01%
MORN	B	0.01%
SIGI	A	0.01%
X	D	0.01%
CRGY	A	0.01%
AMSF	A	0.01%
WERN	B	0.01%
CC	C	0.01%
FIX	A	0.01%
CPK	A	0.01%
BOH	A	0.01%
KWR	C	0.01%
EDR	A	0.01%
MSA	D	0.01%
HMN	A	0.01%
TECH	D	0.01%
WDFC	A	0.01%
SSBK	A	0.01%
FG	A	0.01%
CHX	C	0.01%
MMS	D	0.01%
BHE	B	0.01%
WMK	B	0.01%
SRCE	A	0.01%
EXPO	D	0.01%
CVI	D	0.01%
OLN	F	0.01%
EME	B	0.01%
SM	C	0.01%
PFBC	A	0.01%
DNB	B	0.01%
KBR	D	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	A	0.01%
UTL	C	0.01%
CFFN	A	0.01%
VMI	B	0.01%
WWW	A	0.01%
BCO	F	0.01%
KLG	F	0.01%
PHIN	A	0.01%
MKSI	D	0.01%
FFIN	A	0.01%
GOLF	A	0.01%
WGO	B	0.01%
GATX	A	0.01%
LFUS	D	0.01%
JBT	B	0.01%
BSY	D	0.01%
PNFP	A	0.01%
PRK	A	0.01%
PFSI	D	0.01%
MGEE	A	0.01%
AGCO	D	0.01%
EGBN	A	0.01%
MSBI	A	0.01%
VLTO	D	0.01%
AEO	F	0.01%
WD	D	0.01%
SXT	C	0.01%
TPX	A	0.01%
CRS	A	0.01%
PTEN	D	0.01%
SEE	B	0.01%
PAYC	B	0.01%
FR	D	0.01%
RRC	B	0.01%
CCK	D	0.01%
MAC	A	0.0%
POWI	D	0.0%
KW	C	0.0%
NWS	A	0.0%
GTN	F	0.0%
RELL	B	0.0%
NFE	F	0.0%
NUS	C	0.0%
CWH	B	0.0%
UWMC	F	0.0%
BGS	F	0.0%

DTD Underweight 146 Positions Relative to VCIT

Symbol	Grade	Weight
DT	C	-0.28%
WIT	B	-0.15%
AMZN	B	-0.09%
BIIB	F	-0.07%
NOW	B	-0.07%
DLTR	F	-0.07%
DB	C	-0.07%
BABA	D	-0.07%
REGN	F	-0.06%
KOF	F	-0.06%
CHTR	B	-0.06%
BMO	A	-0.05%
ARCC	A	-0.05%
STE	D	-0.05%
QRVO	F	-0.05%
SLB	C	-0.05%
TD	D	-0.05%
NVR	D	-0.05%
NEM	F	-0.05%
ADBE	F	-0.05%
BHF	A	-0.05%
EXPE	A	-0.05%
AZN	F	-0.05%
PYPL	A	-0.05%
INTC	C	-0.05%
NWG	A	-0.05%
T	A	-0.05%
AGR	A	-0.04%
AMG	A	-0.04%
VRSN	D	-0.04%
CNH	D	-0.04%
PAA	A	-0.04%
AER	B	-0.04%
BLK	A	-0.04%
MPLX	A	-0.04%
ET	A	-0.04%
GSK	F	-0.04%
VOD	D	-0.04%
VZ	C	-0.04%
MRVL	B	-0.03%
KEX	A	-0.03%
ILMN	C	-0.03%
FHN	A	-0.03%
AYI	A	-0.03%
ADSK	B	-0.03%
BNS	A	-0.03%
LIN	D	-0.03%
JD	C	-0.03%
DXC	C	-0.03%
EW	C	-0.03%
DOX	D	-0.03%
ETN	A	-0.03%
AGO	A	-0.03%
ARW	D	-0.03%
ACGL	C	-0.03%
AAT	C	-0.03%
BDN	D	-0.03%
TEL	C	-0.03%
WB	F	-0.03%
VNT	C	-0.03%
TRMB	A	-0.03%
FMC	F	-0.03%
TT	A	-0.03%
VFC	B	-0.03%
KEYS	C	-0.03%
CFG	A	-0.03%
AZO	C	-0.03%
LYB	F	-0.03%
FLEX	B	-0.03%
BG	D	-0.03%
NXPI	F	-0.03%
DG	F	-0.03%
TDY	B	-0.03%
EPD	A	-0.03%
FOXA	A	-0.03%
MUFG	A	-0.03%
PFE	F	-0.03%
BA	F	-0.03%
TME	F	-0.02%
SITC	D	-0.02%
SAFE	F	-0.02%
AN	D	-0.02%
NVT	B	-0.02%
HR	C	-0.02%
IFF	D	-0.02%
GXO	B	-0.02%
EPRT	C	-0.02%
FTNT	A	-0.02%
RYN	D	-0.02%
NHI	D	-0.02%
MHK	D	-0.02%
DSS	F	-0.02%
WBA	F	-0.02%
VNO	B	-0.02%
FSK	A	-0.02%
CTVA	D	-0.02%
MDT	D	-0.02%
PDM	D	-0.02%
LAZ	B	-0.02%
PRE	F	-0.02%
JCI	A	-0.02%
H	B	-0.02%
ALLE	D	-0.02%
BAX	F	-0.02%
EL	F	-0.02%
CP	D	-0.02%
BIDU	F	-0.02%
AES	F	-0.02%
MMM	D	-0.02%
KEY	A	-0.02%
ESGR	B	-0.02%
RPRX	F	-0.02%
TFC	A	-0.02%
BXP	D	-0.02%
GBDC	A	-0.01%
SAVE	F	-0.01%
OCSL	D	-0.01%
PNR	A	-0.01%
PSEC	F	-0.01%
APTV	F	-0.01%
KRG	B	-0.01%
RNR	D	-0.01%
AAL	B	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
HPP	F	-0.01%
DVN	F	-0.01%
GP	F	-0.01%
HIW	D	-0.01%
AXS	A	-0.01%
REXR	F	-0.01%
AAP	D	-0.01%
ORLY	A	-0.01%
OHI	C	-0.01%
HAS	D	-0.01%
AMCR	C	-0.01%
DOC	D	-0.01%
WHR	A	-0.01%
CB	C	-0.01%
AON	A	-0.01%
KMI	A	-0.01%
WEST	D	-0.01%
BSX	B	-0.01%
NEE	C	-0.01%
UAL	A	-0.01%
HSBC	A	-0.01%