DTD vs. VCSH ETF Comparison

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

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

$76.10

Average Daily Volume

23,450

Number of Holdings ^*

805

* may have additional holdings in another (foreign) market

VCSH

Vanguard Short-Term Corporate Bond ETF

VCSH Description

The investment seeks to track the performance of a market-weighted corporate bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 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 1 and 5 years. At least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$79.08

Average Daily Volume

3,261,302

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

Performance

Period	DTD	VCSH
30 Days	0.69%	0.80%
60 Days	6.20%	1.41%
90 Days	7.59%	3.13%
12 Months	31.73%	9.91%

315 Overlapping Holdings

Symbol	Grade	Weight in DTD	Weight in VCSH	Overlap
A	B	0.04%	0.02%	0.02%
AAPL	C	3.17%	0.03%	0.03%
ABBV	B	2.3%	0.02%	0.02%
ABT	C	0.42%	0.02%	0.02%
ADI	C	0.24%	0.02%	0.02%
ADM	F	0.09%	0.05%	0.05%
ADP	A	0.32%	0.05%	0.05%
AEE	A	0.12%	0.01%	0.01%
AEP	C	0.26%	0.01%	0.01%
AFG	B	0.03%	0.02%	0.02%
AFL	A	0.27%	0.02%	0.02%
AIG	F	0.13%	0.06%	0.06%
AIZ	B	0.03%	0.02%	0.02%
AL	D	0.02%	0.02%	0.02%
ALB	D	0.02%	0.02%	0.02%
ALL	C	0.15%	0.01%	0.01%
ALLY	F	0.05%	0.01%	0.01%
AMAT	B	0.17%	0.03%	0.03%
AMGN	D	0.61%	0.01%	0.01%
AMP	A	0.12%	0.01%	0.01%
AMT	C	0.33%	0.01%	0.01%
APD	C	0.19%	0.01%	0.01%
APH	D	0.14%	0.02%	0.02%
ARE	D	0.08%	0.01%	0.01%
ATO	A	0.1%	0.03%	0.03%
AVB	C	0.16%	0.01%	0.01%
AVGO	C	2.54%	0.01%	0.01%
AVT	C	0.03%	0.01%	0.01%
AWK	C	0.06%	0.01%	0.01%
AXP	B	0.31%	0.03%	0.03%
BAC	D	1.09%	0.01%	0.01%
BC	D	0.02%	0.02%	0.02%
BDX	C	0.12%	0.02%	0.02%
BEN	F	0.06%	0.02%	0.02%
BERY	C	0.02%	0.03%	0.02%
BK	C	0.22%	0.01%	0.01%
BKH	C	0.04%	0.02%	0.02%
BKNG	C	0.27%	0.02%	0.02%
BKU	D	0.01%	0.02%	0.01%
BLK	A	0.41%	0.05%	0.05%
BMY	B	0.51%	0.02%	0.02%
BR	B	0.07%	0.02%	0.02%
BRO	A	0.04%	0.02%	0.02%
BRX	C	0.04%	0.02%	0.02%
BWA	C	0.02%	0.02%	0.02%
C	C	0.58%	0.02%	0.02%
CAG	D	0.08%	0.01%	0.01%
CAH	B	0.06%	0.02%	0.02%
CARR	B	0.1%	0.09%	0.09%
CAT	A	0.47%	0.02%	0.02%
CCI	C	0.28%	0.02%	0.02%
CE	C	0.04%	0.02%	0.02%
CF	A	0.04%	0.02%	0.02%
CHD	D	0.04%	0.01%	0.01%
CI	D	0.23%	0.01%	0.01%
CL	D	0.35%	0.01%	0.01%
CLX	C	0.08%	0.01%	0.01%
CMA	C	0.05%	0.01%	0.01%
CMCSA	C	0.85%	0.03%	0.03%
CME	A	0.18%	0.03%	0.03%
CMI	A	0.15%	0.02%	0.02%
CMS	A	0.07%	0.01%	0.01%
CNA	D	0.06%	0.02%	0.02%
CNO	C	0.02%	0.03%	0.02%
CNP	B	0.05%	0.01%	0.01%
COF	C	0.13%	0.01%	0.01%
COKE	C	0.01%	0.02%	0.01%
COP	D	0.3%	0.01%	0.01%
COST	C	0.44%	0.06%	0.06%
CPB	D	0.06%	0.02%	0.02%
CPT	C	0.03%	0.02%	0.02%
CRM	B	0.21%	0.05%	0.05%
CSCO	A	1.2%	0.02%	0.02%
CSL	A	0.04%	0.01%	0.01%
CSX	D	0.1%	0.02%	0.02%
CUBE	C	0.06%	0.01%	0.01%
CVS	C	0.28%	0.02%	0.02%
CVX	B	1.4%	0.02%	0.02%
D	A	0.33%	0.01%	0.01%
DAL	C	0.04%	0.01%	0.01%
DD	C	0.09%	0.08%	0.08%
DE	B	0.2%	0.01%	0.01%
DELL	C	0.06%	0.01%	0.01%
DFS	C	0.11%	0.01%	0.01%
DGX	C	0.04%	0.02%	0.02%
DHI	C	0.08%	0.01%	0.01%
DHR	D	0.17%	0.02%	0.02%
DIS	D	0.16%	0.03%	0.03%
DLR	C	0.17%	0.03%	0.03%
DOV	B	0.06%	0.02%	0.02%
DOW	B	0.24%	0.01%	0.01%
DTE	A	0.1%	0.01%	0.01%
DUK	B	0.42%	0.01%	0.01%
EA	D	0.04%	0.02%	0.02%
EBAY	A	0.1%	0.03%	0.03%
ED	A	0.21%	0.01%	0.01%
EFX	C	0.03%	0.02%	0.02%
EIX	B	0.16%	0.01%	0.01%
EMN	C	0.06%	0.03%	0.03%
EMR	B	0.17%	0.01%	0.01%
EOG	B	0.38%	0.02%	0.02%
EPR	C	0.02%	0.01%	0.01%
EQH	C	0.05%	0.02%	0.02%
EQIX	C	0.16%	0.02%	0.02%
EQR	C	0.11%	0.02%	0.02%
ES	D	0.12%	0.01%	0.01%
ESS	D	0.06%	0.01%	0.01%
ETR	A	0.2%	0.01%	0.01%
EVRG	C	0.09%	0.01%	0.01%
EXC	A	0.16%	0.01%	0.01%
FAF	C	0.03%	0.01%	0.01%
FANG	C	0.09%	0.02%	0.02%
FDX	F	0.15%	0.03%	0.03%
FE	C	0.12%	0.01%	0.01%
FIS	B	0.2%	0.03%	0.03%
FITB	C	0.15%	0.03%	0.03%
FLS	B	0.03%	0.01%	0.01%
FNB	D	0.04%	0.01%	0.01%
FRT	D	0.04%	0.02%	0.02%
FTV	C	0.03%	0.04%	0.03%
GD	C	0.2%	0.02%	0.02%
GE	C	0.17%	0.01%	0.01%
GILD	A	0.44%	0.04%	0.04%
GIS	C	0.18%	0.03%	0.03%
GLPI	A	0.07%	0.03%	0.03%
GM	D	0.09%	0.02%	0.02%
GOOGL	B	0.82%	0.04%	0.04%
GPN	F	0.03%	0.03%	0.03%
GS	D	0.6%	0.01%	0.01%
GWW	B	0.09%	0.02%	0.02%
HAL	D	0.05%	0.03%	0.03%
HBAN	D	0.11%	0.01%	0.01%
HCA	C	0.13%	0.06%	0.06%
HD	A	1.79%	0.01%	0.01%
HES	C	0.06%	0.01%	0.01%
HII	F	0.03%	0.01%	0.01%
HOG	D	0.01%	0.02%	0.01%
HON	C	0.49%	0.01%	0.01%
HP	D	0.01%	0.02%	0.01%
HPE	B	0.08%	0.03%	0.03%
HPQ	B	0.15%	0.05%	0.05%
HRB	C	0.05%	0.02%	0.02%
HRL	F	0.07%	0.03%	0.03%
HST	D	0.04%	0.02%	0.02%
HSY	F	0.08%	0.01%	0.01%
HUBB	B	0.05%	0.01%	0.01%
HUM	F	0.04%	0.02%	0.02%
IBM	A	1.33%	0.02%	0.02%
ICE	A	0.22%	0.02%	0.02%
INTU	F	0.16%	0.02%	0.02%
IP	C	0.09%	0.02%	0.02%
IPG	D	0.06%	0.01%	0.01%
ITW	B	0.3%	0.04%	0.04%
JBHT	D	0.02%	0.03%	0.02%
JBL	C	0.02%	0.01%	0.01%
JEF	A	0.06%	0.03%	0.03%
JNJ	D	2.0%	0.02%	0.02%
JNPR	B	0.05%	0.03%	0.03%
JPM	D	2.79%	0.01%	0.01%
K	A	0.14%	0.02%	0.02%
KDP	C	0.16%	0.02%	0.02%
KIM	C	0.05%	0.01%	0.01%
KLAC	B	0.13%	0.06%	0.06%
KMB	D	0.29%	0.01%	0.01%
KMPR	D	0.01%	0.02%	0.01%
KO	C	1.64%	0.06%	0.06%
KR	C	0.16%	0.02%	0.02%
KRC	C	0.01%	0.01%	0.01%
KSS	D	0.01%	0.01%	0.01%
L	D	0.01%	0.02%	0.01%
LDOS	A	0.04%	0.02%	0.02%
LEG	D	0.01%	0.01%	0.01%
LEN	B	0.07%	0.01%	0.01%
LHX	A	0.11%	0.02%	0.02%
LII	C	0.05%	0.01%	0.01%
LLY	D	0.73%	0.02%	0.02%
LMT	A	0.48%	0.05%	0.05%
LNC	D	0.04%	0.01%	0.01%
LNT	A	0.06%	0.02%	0.02%
LOW	A	0.58%	0.01%	0.01%
LRCX	D	0.14%	0.02%	0.02%
LUV	B	0.06%	0.01%	0.01%
LVS	B	0.08%	0.02%	0.02%
MA	A	0.44%	0.04%	0.04%
MAA	D	0.06%	0.01%	0.01%
MAR	B	0.13%	0.01%	0.01%
MCD	A	0.88%	0.01%	0.01%
MCHP	F	0.09%	0.01%	0.01%
MCK	F	0.06%	0.01%	0.01%
MCO	D	0.11%	0.02%	0.02%
MDLZ	D	0.43%	0.01%	0.01%
MET	B	0.23%	0.02%	0.02%
MKC	C	0.06%	0.02%	0.02%
MLM	F	0.04%	0.01%	0.01%
MMC	D	0.26%	0.01%	0.01%
MO	D	0.67%	0.01%	0.01%
MOS	F	0.02%	0.03%	0.02%
MPC	C	0.24%	0.03%	0.03%
MRK	F	0.94%	0.04%	0.04%
MS	B	0.84%	0.03%	0.03%
MSFT	D	2.92%	0.04%	0.04%
MSI	A	0.14%	0.03%	0.03%
MTB	C	0.13%	0.02%	0.02%
MU	D	0.09%	0.03%	0.03%
NDAQ	B	0.06%	0.01%	0.01%
NEU	F	0.02%	0.01%	0.01%
NFG	A	0.03%	0.01%	0.01%
NI	A	0.06%	0.05%	0.05%
NKE	D	0.17%	0.02%	0.02%
NNN	A	0.05%	0.02%	0.02%
NOC	B	0.14%	0.05%	0.05%
NSC	D	0.15%	0.01%	0.01%
NTAP	D	0.09%	0.02%	0.02%
NTRS	C	0.08%	0.04%	0.04%
NUE	C	0.06%	0.03%	0.03%
NVDA	B	2.09%	0.02%	0.02%
O	A	0.29%	0.01%	0.01%
OC	C	0.04%	0.01%	0.01%
OGS	C	0.03%	0.01%	0.01%
OKE	A	0.32%	0.02%	0.02%
OMC	C	0.08%	0.06%	0.06%
ORCL	C	0.68%	0.05%	0.05%
ORI	B	0.07%	0.02%	0.02%
OTIS	A	0.11%	0.07%	0.07%
PCAR	C	0.25%	0.01%	0.01%
PCG	C	0.03%	0.01%	0.01%
PEG	A	0.27%	0.01%	0.01%
PEP	F	1.2%	0.02%	0.02%
PFG	C	0.09%	0.01%	0.01%
PG	D	1.73%	0.01%	0.01%
PH	B	0.18%	0.02%	0.02%
PHM	A	0.06%	0.03%	0.03%
PKG	B	0.1%	0.01%	0.01%
PM	D	1.16%	0.02%	0.02%
PNC	C	0.36%	0.02%	0.02%
PNW	B	0.08%	0.01%	0.01%
PPG	D	0.09%	0.01%	0.01%
PPL	B	0.1%	0.01%	0.01%
PRU	C	0.25%	0.03%	0.03%
PSA	C	0.28%	0.02%	0.02%
PSX	D	0.21%	0.01%	0.01%
QCOM	C	0.46%	0.04%	0.04%
R	C	0.03%	0.01%	0.01%
RF	C	0.14%	0.04%	0.04%
RGA	C	0.06%	0.01%	0.01%
RL	B	0.03%	0.02%	0.02%
ROK	C	0.06%	0.01%	0.01%
ROP	C	0.05%	0.01%	0.01%
ROST	D	0.07%	0.02%	0.02%
RPM	B	0.04%	0.01%	0.01%
RS	D	0.05%	0.01%	0.01%
RSG	C	0.1%	0.01%	0.01%
RTX	A	0.56%	0.02%	0.02%
SBRA	C	0.02%	0.02%	0.02%
SBUX	C	0.32%	0.02%	0.02%
SCHW	D	0.19%	0.01%	0.01%
SF	A	0.03%	0.02%	0.02%
SHW	C	0.13%	0.02%	0.02%
SKT	A	0.01%	0.02%	0.01%
SLG	C	0.01%	0.01%	0.01%
SNV	D	0.04%	0.01%	0.01%
SNX	D	0.02%	0.03%	0.02%
SO	A	0.44%	0.01%	0.01%
SPG	A	0.38%	0.02%	0.02%
SPGI	B	0.17%	0.03%	0.03%
SRE	B	0.19%	0.01%	0.01%
STLD	B	0.04%	0.02%	0.02%
STT	C	0.13%	0.03%	0.03%
STZ	D	0.12%	0.02%	0.02%
SWK	C	0.07%	0.03%	0.03%
SWKS	F	0.05%	0.03%	0.03%
SYF	B	0.07%	0.03%	0.03%
SYK	C	0.24%	0.01%	0.01%
SYY	D	0.18%	0.03%	0.03%
TAP	D	0.04%	0.1%	0.04%
TGT	D	0.26%	0.05%	0.05%
THG	C	0.01%	0.02%	0.01%
TJX	D	0.36%	0.04%	0.04%
TKR	D	0.03%	0.01%	0.01%
TMO	D	0.2%	0.01%	0.01%
TMUS	A	0.67%	0.04%	0.04%
TSN	D	0.08%	0.01%	0.01%
TXN	C	0.68%	0.01%	0.01%
TXT	F	0.02%	0.01%	0.01%
UDR	C	0.05%	0.01%	0.01%
UHS	D	0.02%	0.01%	0.01%
UNH	B	1.22%	0.01%	0.01%
UNM	A	0.05%	0.02%	0.02%
UNP	D	0.39%	0.01%	0.01%
UPS	D	0.45%	0.02%	0.02%
USB	D	0.39%	0.02%	0.02%
V	C	0.61%	0.13%	0.13%
VLO	D	0.17%	0.03%	0.03%
VLY	C	0.03%	0.01%	0.01%
VMC	D	0.04%	0.01%	0.01%
VOYA	A	0.02%	0.02%	0.02%
VRSK	C	0.03%	0.05%	0.03%
VTR	C	0.08%	0.02%	0.02%
VTRS	D	0.08%	0.03%	0.03%
WAB	B	0.03%	0.03%	0.03%
WAL	C	0.03%	0.03%	0.03%
WEC	A	0.11%	0.02%	0.02%
WELL	C	0.18%	0.01%	0.01%
WFC	F	0.72%	0.01%	0.01%
WLK	C	0.03%	0.04%	0.03%
WM	B	0.23%	0.02%	0.02%
WMB	A	0.29%	0.03%	0.03%
WMT	A	1.56%	0.02%	0.02%
WPC	C	0.07%	0.02%	0.02%
WU	D	0.04%	0.01%	0.01%
WY	C	0.05%	0.01%	0.01%
XEL	B	0.21%	0.01%	0.01%
XOM	A	2.38%	0.02%	0.02%
ZBH	F	0.02%	0.02%	0.02%
ZTS	C	0.14%	0.04%	0.04%

DTD Overweight 490 Positions Relative to VCSH

Symbol	Grade	Weight
META	A	0.93%
GOOG	B	0.53%
PLD	D	0.37%
BX	C	0.35%
VICI	C	0.28%
PAYX	A	0.24%
KHC	F	0.23%
KVUE	C	0.2%
FAST	C	0.17%
GLW	C	0.17%
ELV	F	0.17%
APO	B	0.16%
EXR	C	0.16%
VST	B	0.15%
HIG	B	0.14%
TRV	C	0.14%
CTAS	C	0.14%
PGR	C	0.13%
ECL	B	0.13%
DRI	C	0.12%
YUM	B	0.12%
KKR	C	0.12%
IRM	A	0.12%
BBY	C	0.12%
TROW	D	0.12%
CRBG	B	0.1%
ARES	A	0.1%
BKR	B	0.1%
CEG	A	0.09%
FNF	B	0.08%
CTSH	B	0.08%
TSCO	B	0.08%
TRGP	A	0.08%
WSM	B	0.07%
GPC	D	0.07%
AM	A	0.07%
CG	B	0.07%
WRB	C	0.07%
AJG	D	0.07%
SNA	A	0.07%
OXY	D	0.07%
CINF	B	0.07%
LNG	A	0.07%
NRG	A	0.07%
URI	C	0.07%
OGE	A	0.06%
MAS	A	0.06%
EQT	B	0.06%
LAMR	C	0.06%
INGR	B	0.05%
XYL	C	0.05%
DKS	D	0.05%
IR	B	0.05%
RMD	C	0.05%
OWL	A	0.05%
RJF	B	0.05%
FOX	A	0.05%
JXN	A	0.05%
INVH	F	0.05%
ERIE	B	0.05%
SJM	D	0.05%
CBOE	B	0.05%
EWBC	D	0.05%
MSCI	B	0.05%
TPR	C	0.05%
HLT	B	0.05%
WSO	C	0.05%
TXRH	C	0.05%
SUI	D	0.04%
PAG	D	0.04%
SSNC	C	0.04%
BPOP	D	0.04%
AVA	D	0.04%
BALL	C	0.04%
HWM	A	0.04%
CHK	D	0.04%
FHB	D	0.04%
OVV	D	0.04%
UI	A	0.04%
GEHC	C	0.04%
ACI	F	0.04%
OGN	F	0.04%
UGI	C	0.04%
WBS	D	0.04%
CIVI	F	0.04%
ODFL	F	0.04%
EXPD	D	0.04%
BAH	A	0.04%
CHRW	C	0.04%
RDN	D	0.04%
ITT	C	0.04%
PWR	B	0.04%
MTG	B	0.04%
AME	D	0.04%
MPWR	B	0.04%
ROL	C	0.04%
NWE	B	0.04%
CHRD	F	0.04%
SW	C	0.04%
EVR	C	0.04%
OMF	F	0.04%
CDW	D	0.04%
DTM	A	0.04%
SBAC	C	0.03%
APA	F	0.03%
NWSA	D	0.03%
MDU	C	0.03%
WSBC	D	0.03%
SAIC	A	0.03%
FCNCA	D	0.03%
AUB	D	0.03%
PNM	B	0.03%
BWXT	A	0.03%
CNS	C	0.03%
HLNE	A	0.03%
PII	D	0.03%
VGR	B	0.03%
TPL	A	0.03%
WST	D	0.03%
NXST	F	0.03%
POOL	B	0.03%
EHC	B	0.03%
REYN	D	0.03%
OZK	D	0.03%
VCTR	A	0.03%
COLB	C	0.03%
GAP	F	0.03%
OFG	D	0.03%
MSM	D	0.03%
VRT	B	0.03%
DCI	C	0.03%
KBH	C	0.03%
SCI	D	0.03%
CBT	C	0.03%
ASB	F	0.03%
WEN	D	0.03%
ALSN	A	0.03%
SR	D	0.03%
SFNC	C	0.03%
JWN	D	0.03%
BANR	C	0.03%
ACT	C	0.03%
ALE	A	0.03%
GPK	D	0.03%
PB	D	0.03%
AIT	B	0.03%
DPZ	D	0.03%
AROC	B	0.03%
HOMB	D	0.03%
MLI	C	0.03%
PFS	D	0.03%
AOS	B	0.03%
SMG	B	0.03%
POR	D	0.03%
FIBK	D	0.03%
SON	D	0.03%
CCOI	B	0.03%
MC	C	0.03%
TFSL	F	0.03%
FBP	D	0.03%
CFR	D	0.03%
ZION	D	0.03%
LECO	F	0.03%
AVY	D	0.03%
FLO	D	0.03%
PRI	A	0.03%
AWR	B	0.03%
MRO	C	0.03%
HEI	C	0.03%
WTRG	D	0.03%
DINO	D	0.03%
PATK	B	0.03%
LKQ	F	0.03%
HLI	B	0.03%
MTN	D	0.03%
SXT	C	0.02%
NSP	F	0.02%
LFUS	D	0.02%
HTH	F	0.02%
APOG	C	0.02%
IOSP	F	0.02%
AGCO	D	0.02%
SLVM	C	0.02%
TPX	C	0.02%
HAFC	D	0.02%
OLN	C	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	C	0.02%
IBTX	D	0.02%
SEE	D	0.02%
CCK	C	0.02%
M	F	0.02%
LW	D	0.02%
VLTO	A	0.02%
BCO	C	0.02%
PFSI	C	0.02%
MCY	B	0.02%
BKE	D	0.02%
KFY	C	0.02%
SSD	B	0.02%
FR	D	0.02%
BYD	C	0.02%
LEA	F	0.02%
ACM	A	0.02%
BRKL	D	0.02%
SHOO	C	0.02%
MGY	B	0.02%
NBHC	D	0.02%
AEO	C	0.02%
OTTR	F	0.02%
SPB	C	0.02%
ARMK	B	0.02%
IDCC	A	0.02%
UBSI	D	0.02%
MRTN	F	0.02%
PINC	F	0.02%
MATX	C	0.02%
TRMK	D	0.02%
CAKE	B	0.02%
CRC	B	0.02%
OSK	F	0.02%
PEBO	F	0.02%
RHI	D	0.02%
WMS	D	0.02%
VIRT	B	0.02%
FCF	D	0.02%
KNTK	A	0.02%
MWA	A	0.02%
VRTS	F	0.02%
IDA	D	0.02%
FFBC	D	0.02%
TKO	A	0.02%
CVBF	B	0.02%
CMC	D	0.02%
NYT	C	0.02%
BRC	C	0.02%
WWD	C	0.02%
XRAY	D	0.02%
CWEN	C	0.02%
OCFC	C	0.02%
GNTX	D	0.02%
ADTN	C	0.02%
EXP	B	0.02%
STC	C	0.02%
BNL	C	0.02%
KMT	D	0.02%
HNI	C	0.02%
FULT	D	0.02%
IPAR	F	0.02%
CVI	D	0.02%
LPLA	C	0.02%
NSA	C	0.02%
RHP	C	0.02%
NDSN	C	0.02%
IBOC	D	0.02%
CBU	D	0.02%
CBSH	D	0.02%
AMH	D	0.02%
GBCI	C	0.02%
TER	C	0.02%
FCPT	C	0.02%
LPX	C	0.02%
CADE	D	0.02%
RRX	C	0.02%
SSB	C	0.02%
CRI	D	0.02%
ONB	D	0.02%
MUR	F	0.02%
LANC	F	0.02%
SLM	C	0.02%
TPG	B	0.02%
LCII	C	0.02%
CASY	D	0.02%
ELS	D	0.02%
TRST	D	0.02%
LSTR	F	0.02%
QCRH	D	0.02%
NOG	C	0.02%
BBWI	F	0.02%
THO	C	0.02%
TW	A	0.02%
HUN	C	0.02%
CCS	C	0.02%
TMP	C	0.02%
ESI	C	0.02%
BUSE	D	0.02%
GTY	C	0.02%
AWI	A	0.02%
FDS	C	0.02%
FBMS	D	0.02%
JKHY	A	0.02%
RGLD	C	0.02%
SASR	C	0.02%
WH	C	0.02%
TRN	C	0.02%
UFPI	C	0.02%
RUSHA	D	0.02%
TTC	D	0.02%
SWX	C	0.02%
STBA	D	0.02%
PRGS	B	0.02%
GEF	D	0.02%
STAG	D	0.02%
TNL	C	0.02%
AVNT	C	0.02%
IEX	D	0.02%
KTB	C	0.02%
CATY	D	0.02%
NJR	C	0.02%
BANF	D	0.02%
ATR	A	0.02%
J	F	0.02%
REG	C	0.02%
BOKF	D	0.02%
GGG	C	0.02%
CWH	C	0.01%
CHCO	D	0.01%
UWMC	D	0.01%
HI	F	0.01%
CABO	F	0.01%
IIPR	C	0.01%
BGS	D	0.01%
DK	F	0.01%
PRDO	D	0.01%
WMG	C	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	B	0.01%
WOR	F	0.01%
DLB	C	0.01%
TOL	A	0.01%
DLX	F	0.01%
MUSA	D	0.01%
MLKN	F	0.01%
WINA	D	0.01%
CNXC	F	0.01%
LXP	D	0.01%
SCL	D	0.01%
KNSL	C	0.01%
PCH	C	0.01%
ENS	D	0.01%
VSH	F	0.01%
SCS	F	0.01%
IBP	C	0.01%
PBI	C	0.01%
AGM	F	0.01%
HEES	C	0.01%
OXM	F	0.01%
HXL	F	0.01%
DIN	D	0.01%
GES	F	0.01%
SFBS	D	0.01%
GRNT	D	0.01%
MCRI	C	0.01%
CHH	C	0.01%
MTDR	F	0.01%
COLD	D	0.01%
LBRT	D	0.01%
CRGY	B	0.01%
AAON	B	0.01%
WCC	D	0.01%
ORA	C	0.01%
POWL	B	0.01%
KALU	D	0.01%
CHE	C	0.01%
BOH	D	0.01%
SLGN	C	0.01%
ENR	B	0.01%
GL	C	0.01%
CWEN	C	0.01%
AMSF	B	0.01%
COLM	D	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%
WWW	A	0.01%
HMN	C	0.01%
BLMN	F	0.01%
PAYC	D	0.01%
CHDN	D	0.01%
JJSF	C	0.01%
PTVE	D	0.01%
MKTX	B	0.01%
SAFT	D	0.01%
FIX	B	0.01%
MORN	C	0.01%
NAVI	F	0.01%
EME	C	0.01%
CFFN	F	0.01%
EGBN	B	0.01%
SIGI	D	0.01%
BHE	C	0.01%
KRO	C	0.01%
WERN	D	0.01%
LEVI	C	0.01%
RGP	F	0.01%
PFBC	D	0.01%
PNFP	D	0.01%
VMI	B	0.01%
SM	C	0.01%
PBF	F	0.01%
RRR	D	0.01%
OLED	C	0.01%
JBT	B	0.01%
SRCE	D	0.01%
UVV	D	0.01%
EGP	D	0.01%
AZZ	C	0.01%
WMK	D	0.01%
WTFC	C	0.01%
EBC	D	0.01%
PDCO	F	0.01%
MSBI	F	0.01%
WDFC	D	0.01%
KLG	D	0.01%
FG	C	0.01%
ABM	D	0.01%
XRX	D	0.01%
KBR	B	0.01%
GATX	F	0.01%
CHX	C	0.01%
EDR	A	0.01%
UTZ	D	0.01%
PRK	D	0.01%
DNB	D	0.01%
SNDR	C	0.01%
AMKR	F	0.01%
STRA	F	0.01%
PZZA	D	0.01%
KWR	F	0.01%
GOLF	F	0.01%
TDS	B	0.01%
FFIN	D	0.01%
CC	D	0.01%
PHIN	D	0.01%
CPK	C	0.01%
SEB	F	0.01%
HTLF	C	0.01%
VAC	D	0.01%
TECH	D	0.01%
UMBF	C	0.01%
MSA	F	0.01%
CRS	C	0.01%
PTEN	F	0.01%
WGO	D	0.01%
MMS	C	0.01%
FRME	D	0.01%
ADC	B	0.01%
MGEE	B	0.01%
EPC	F	0.01%
PR	D	0.01%
SYBT	D	0.01%
ZWS	A	0.01%
MAN	D	0.01%
MKSI	F	0.01%
UTL	D	0.01%
RRC	B	0.01%
NOV	F	0.01%
UVSP	D	0.01%
STEP	A	0.01%
WHD	B	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%
MAC	C	0.0%
POWI	F	0.0%
KW	C	0.0%
NWS	D	0.0%
RELL	C	0.0%
GTN	D	0.0%
NFE	F	0.0%
NUS	F	0.0%

DTD Underweight 129 Positions Relative to VCSH

Symbol	Grade	Weight
MDT	C	-0.08%
BIIB	F	-0.08%
STLA	F	-0.07%
ETN	C	-0.07%
CHTR	D	-0.07%
WBA	F	-0.06%
VZ	B	-0.06%
DLTR	F	-0.05%
VFC	B	-0.04%
WB	B	-0.04%
ARCC	A	-0.04%
FOXA	A	-0.04%
RPRX	D	-0.04%
GSK	F	-0.04%
AZN	D	-0.04%
AMZN	C	-0.04%
EL	D	-0.03%
APTV	D	-0.03%
AGR	B	-0.03%
JD	B	-0.03%
HAS	B	-0.03%
MHK	B	-0.03%
DXC	B	-0.03%
BAX	D	-0.03%
PVH	F	-0.03%
BXP	C	-0.03%
ADBE	F	-0.03%
BG	F	-0.03%
PYPL	C	-0.03%
PFE	D	-0.03%
EPD	A	-0.03%
MPLX	A	-0.03%
CB	B	-0.03%
AER	D	-0.03%
INTC	D	-0.03%
VNT	F	-0.02%
CDNS	D	-0.02%
GBDC	B	-0.02%
ALLE	A	-0.02%
JCI	C	-0.02%
GXO	D	-0.02%
FTNT	B	-0.02%
TSLX	C	-0.02%
VNO	A	-0.02%
BABA	B	-0.02%
AWH	F	-0.02%
CTVA	A	-0.02%
KEYS	C	-0.02%
GSBD	D	-0.02%
ILMN	B	-0.02%
OCSL	D	-0.02%
LAZ	C	-0.02%
MRVL	B	-0.02%
DVN	F	-0.02%
LYB	F	-0.02%
TDY	A	-0.02%
TT	A	-0.02%
LIN	B	-0.02%
OHI	C	-0.02%
IVZ	B	-0.02%
DOC	C	-0.02%
AES	C	-0.02%
AN	D	-0.02%
FLEX	C	-0.02%
EXPE	B	-0.02%
CNH	D	-0.02%
NXPI	F	-0.02%
FSK	A	-0.02%
WRK	C	-0.02%
ET	A	-0.02%
CM	C	-0.02%
SLB	D	-0.02%
KMI	A	-0.02%
RY	C	-0.02%
TD	B	-0.02%
NVT	D	-0.01%
HIW	C	-0.01%
CACC	F	-0.01%
G	A	-0.01%
AMD	B	-0.01%
NEM	C	-0.01%
FMC	C	-0.01%
JHG	B	-0.01%
IFF	C	-0.01%
NYCB	D	-0.01%
WHR	C	-0.01%
RNR	A	-0.01%
BDN	A	-0.01%
BCSF	B	-0.01%
TME	B	-0.01%
SITC	D	-0.01%
TEL	D	-0.01%
TRMB	B	-0.01%
BHP	B	-0.01%
GP	D	-0.01%
H	C	-0.01%
PSEC	C	-0.01%
SCCO	B	-0.01%
ADSK	C	-0.01%
FHN	D	-0.01%
MAIN	A	-0.01%
PDM	C	-0.01%
ORLY	A	-0.01%
OPI	F	-0.01%
CP	D	-0.01%
AMG	B	-0.01%
ARW	C	-0.01%
AZO	D	-0.01%
UAL	B	-0.01%
MMM	C	-0.01%
LH	D	-0.01%
KEY	C	-0.01%
BSX	A	-0.01%
AON	B	-0.01%
CFG	D	-0.01%
BIDU	B	-0.01%
PAA	C	-0.01%
DG	F	-0.01%
NEE	A	-0.01%
BNS	C	-0.01%
VOD	D	-0.01%
TFC	D	-0.01%
DB	C	-0.01%
BMO	B	-0.01%
T	A	-0.01%
HSBC	A	-0.01%
NWG	D	-0.01%
MUFG	F	-0.01%
BA	F	-0.01%