DTD vs. VTV ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Vanguard Value ETF - DNQ (VTV)

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

$76.26

Average Daily Volume

20,939

Number of Holdings ^*

805

* may have additional holdings in another (foreign) market

VTV

Vanguard Value ETF - DNQ

VTV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Value Index, a broadly diversified index predominantly made up of value stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$173.85

Average Daily Volume

1,742,689

Number of Holdings ^*

333

* may have additional holdings in another (foreign) market

Performance

Period	DTD	VTV
30 Days	3.09%	3.30%
60 Days	5.11%	5.32%
90 Days	7.85%	8.03%
12 Months	26.12%	24.89%

256 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in VTV	Overlap
	A	C	0.04%	0.1%	0.04%
	ABBV	C	2.38%	1.52%	1.52%
	ABT	C	0.45%	0.86%	0.45%
	ADI	C	0.24%	0.53%	0.24%
	ADM	D	0.09%	0.14%	0.09%
	AEE	C	0.12%	0.1%	0.1%
	AEP	C	0.28%	0.24%	0.24%
	AFL	C	0.27%	0.25%	0.25%
	AIG	D	0.14%	0.24%	0.14%
	AJG	D	0.07%	0.29%	0.07%
	ALB	D	0.02%	0.03%	0.02%
	ALL	B	0.15%	0.21%	0.15%
	AME	C	0.04%	0.19%	0.04%
	AMGN	B	0.64%	0.83%	0.64%
	AMP	A	0.12%	0.2%	0.12%
	APD	B	0.18%	0.27%	0.18%
	ARE	C	0.09%	0.09%	0.09%
	AVB	B	0.17%	0.14%	0.14%
	AVGO	C	2.4%	3.46%	2.4%
	AVY	C	0.03%	0.08%	0.03%
	AWK	B	0.07%	0.13%	0.07%
	AXP	B	0.3%	0.59%	0.3%
	BAC	D	1.09%	1.25%	1.09%
	BALL	C	0.04%	0.09%	0.04%
	BBY	C	0.12%	0.08%	0.08%
	BDX	D	0.13%	0.32%	0.13%
	BEN	F	0.06%	0.03%	0.03%
	BK	B	0.22%	0.23%	0.22%
	BKR	C	0.1%	0.09%	0.09%
	BLK	B	0.39%	0.57%	0.39%
	BMY	C	0.5%	0.45%	0.45%
	C	C	0.56%	0.55%	0.55%
	CAG	C	0.08%	0.07%	0.07%
	CAH	C	0.06%	0.11%	0.06%
	CARR	B	0.1%	0.27%	0.1%
	CAT	B	0.42%	0.79%	0.42%
	CBOE	C	0.05%	0.09%	0.05%
	CCI	C	0.29%	0.22%	0.22%
	CDW	D	0.04%	0.14%	0.04%
	CE	F	0.04%	0.07%	0.04%
	CEG	C	0.07%	0.28%	0.07%
	CF	C	0.04%	0.06%	0.04%
	CI	C	0.24%	0.46%	0.24%
	CINF	B	0.07%	0.1%	0.07%
	CL	D	0.37%	0.19%	0.19%
	CLX	C	0.08%	0.08%	0.08%
	CMCSA	D	0.83%	0.75%	0.75%
	CME	C	0.19%	0.32%	0.19%
	CMI	C	0.14%	0.19%	0.14%
	CMS	C	0.07%	0.09%	0.07%
	CNP	C	0.05%	0.08%	0.05%
	COF	B	0.13%	0.25%	0.13%
	COP	D	0.31%	0.6%	0.31%
	CPB	C	0.06%	0.04%	0.04%
	CRBG	D	0.09%	0.03%	0.03%
	CSCO	C	1.15%	0.82%	0.82%
	CSX	D	0.1%	0.32%	0.1%
	CTSH	C	0.08%	0.17%	0.08%
	CVS	D	0.28%	0.35%	0.28%
	CVX	D	1.41%	1.31%	1.31%
	D	C	0.34%	0.21%	0.21%
	DAL	C	0.04%	0.13%	0.04%
	DD	B	0.09%	0.15%	0.09%
	DE	B	0.19%	0.45%	0.19%
	DELL	D	0.06%	0.14%	0.06%
	DFS	B	0.1%	0.17%	0.1%
	DGX	B	0.04%	0.07%	0.04%
	DHI	B	0.08%	0.25%	0.08%
	DHR	B	0.17%	0.86%	0.17%
	DIS	D	0.16%	0.4%	0.16%
	DLR	B	0.17%	0.22%	0.17%
	DOV	B	0.05%	0.12%	0.05%
	DOW	D	0.23%	0.18%	0.18%
	DRI	B	0.11%	0.08%	0.08%
	DTE	C	0.1%	0.1%	0.1%
	DUK	C	0.44%	0.39%	0.39%
	EA	D	0.04%	0.19%	0.04%
	EBAY	B	0.1%	0.13%	0.1%
	ED	C	0.22%	0.16%	0.16%
	EDR	A	0.01%	0.01%	0.01%
	EIX	C	0.16%	0.14%	0.14%
	ELV	C	0.19%	0.57%	0.19%
	EMR	D	0.16%	0.31%	0.16%
	EOG	D	0.39%	0.34%	0.34%
	EQR	B	0.11%	0.12%	0.11%
	ES	C	0.13%	0.11%	0.11%
	ESS	B	0.06%	0.08%	0.06%
	ETR	B	0.2%	0.12%	0.12%
	EVRG	B	0.09%	0.03%	0.03%
	EXC	C	0.16%	0.17%	0.16%
	EXPD	C	0.04%	0.08%	0.04%
	EXR	B	0.17%	0.16%	0.16%
	FDX	C	0.16%	0.31%	0.16%
	FE	C	0.13%	0.11%	0.11%
	FIS	B	0.21%	0.2%	0.2%
	FITB	B	0.14%	0.13%	0.13%
	FNF	B	0.08%	0.07%	0.07%
	FOX	B	0.05%	0.02%	0.02%
	FTV	C	0.03%	0.12%	0.03%
	GD	B	0.2%	0.34%	0.2%
	GE	B	0.16%	0.41%	0.16%
	GEHC	C	0.04%	0.17%	0.04%
	GILD	B	0.45%	0.44%	0.44%
	GIS	B	0.19%	0.18%	0.18%
	GLW	C	0.16%	0.14%	0.14%
	GM	C	0.09%	0.23%	0.09%
	GPC	D	0.07%	0.1%	0.07%
	GPN	D	0.03%	0.12%	0.03%
	GS	C	0.58%	0.76%	0.58%
	HAL	F	0.05%	0.06%	0.05%
	HBAN	B	0.11%	0.1%	0.1%
	HCA	B	0.12%	0.33%	0.12%
	HD	B	1.73%	1.7%	1.7%
	HIG	B	0.14%	0.15%	0.14%
	HON	D	0.49%	0.62%	0.49%
	HPE	D	0.06%	0.12%	0.06%
	HPQ	D	0.14%	0.16%	0.14%
	HRL	C	0.07%	0.05%	0.05%
	HST	C	0.04%	0.03%	0.03%
	HUBB	B	0.05%	0.05%	0.05%
	HUM	F	0.04%	0.2%	0.04%
	HWM	B	0.04%	0.09%	0.04%
	IBKR	B	0.01%	0.03%	0.01%
	IBM	B	1.29%	0.82%	0.82%
	ICE	C	0.23%	0.4%	0.23%
	INVH	C	0.05%	0.1%	0.05%
	IP	B	0.09%	0.08%	0.08%
	IR	C	0.04%	0.19%	0.04%
	IRM	C	0.12%	0.14%	0.12%
	ITW	C	0.29%	0.33%	0.29%
	J	C	0.02%	0.09%	0.02%
	JNJ	C	2.09%	1.76%	1.76%
	JPM	D	2.81%	2.84%	2.81%
	K	B	0.14%	0.07%	0.07%
	KDP	B	0.17%	0.17%	0.17%
	KHC	C	0.24%	0.13%	0.13%
	KKR	B	0.11%	0.38%	0.11%
	KMB	D	0.3%	0.21%	0.21%
	KO	C	1.68%	1.2%	1.2%
	KR	C	0.16%	0.13%	0.13%
	KVUE	C	0.21%	0.16%	0.16%
	L	C	0.01%	0.07%	0.01%
	LDOS	B	0.04%	0.05%	0.04%
	LEN	B	0.07%	0.21%	0.07%
	LEN	B	0.07%	0.0%	0.0%
	LHX	C	0.11%	0.2%	0.11%
	LKQ	F	0.03%	0.03%	0.03%
	LMT	C	0.48%	0.6%	0.48%
	LNG	C	0.07%	0.09%	0.07%
	LNT	B	0.06%	0.07%	0.06%
	LOW	B	0.56%	0.65%	0.56%
	LUV	C	0.06%	0.07%	0.06%
	MAA	B	0.07%	0.08%	0.07%
	MAS	B	0.06%	0.08%	0.06%
	MCHP	F	0.09%	0.22%	0.09%
	MCK	F	0.07%	0.37%	0.07%
	MDLZ	B	0.44%	0.43%	0.43%
	MET	B	0.22%	0.22%	0.22%
	MKC	C	0.07%	0.09%	0.07%
	MLM	D	0.04%	0.09%	0.04%
	MMC	C	0.28%	0.51%	0.28%
	MO	C	0.71%	0.39%	0.39%
	MPC	F	0.24%	0.29%	0.24%
	MRK	D	0.98%	1.33%	0.98%
	MRO	C	0.03%	0.07%	0.03%
	MS	D	0.8%	0.58%	0.58%
	MSI	B	0.14%	0.15%	0.14%
	MTB	B	0.13%	0.13%	0.13%
	MU	F	0.08%	0.56%	0.08%
	NDAQ	A	0.07%	0.14%	0.07%
	NI	B	0.06%	0.03%	0.03%
	NOC	B	0.14%	0.3%	0.14%
	NSC	C	0.16%	0.26%	0.16%
	NTAP	D	0.09%	0.12%	0.09%
	NTRS	A	0.08%	0.08%	0.08%
	NUE	F	0.05%	0.18%	0.05%
	NWS	D	0.0%	0.0%	0.0%
	NWSA	D	0.03%	0.06%	0.03%
	O	C	0.29%	0.12%	0.12%
	OKE	B	0.33%	0.23%	0.23%
	OMC	B	0.08%	0.09%	0.08%
	ORCL	C	0.67%	1.07%	0.67%
	OTIS	C	0.1%	0.18%	0.1%
	OXY	F	0.07%	0.18%	0.07%
	PCAR	D	0.25%	0.24%	0.24%
	PCG	C	0.04%	0.22%	0.04%
	PEG	B	0.26%	0.18%	0.18%
	PEP	C	1.28%	1.1%	1.1%
	PFG	B	0.09%	0.09%	0.09%
	PG	C	1.78%	1.76%	1.76%
	PGR	B	0.13%	0.58%	0.13%
	PH	B	0.17%	0.33%	0.17%
	PHM	B	0.06%	0.13%	0.06%
	PKG	B	0.1%	0.08%	0.08%
	PLD	C	0.39%	0.54%	0.39%
	PM	C	1.23%	0.83%	0.83%
	PNC	B	0.35%	0.33%	0.33%
	POOL	C	0.03%	0.03%	0.03%
	PPG	D	0.09%	0.14%	0.09%
	PPL	C	0.1%	0.1%	0.1%
	PRU	C	0.24%	0.21%	0.21%
	PSA	B	0.29%	0.22%	0.22%
	PSX	F	0.21%	0.29%	0.21%
	QCOM	D	0.45%	0.94%	0.45%
	RF	B	0.13%	0.1%	0.1%
	RJF	C	0.05%	0.1%	0.05%
	ROK	D	0.06%	0.07%	0.06%
	RSG	D	0.1%	0.19%	0.1%
	RTX	C	0.57%	0.73%	0.57%
	SCHW	D	0.19%	0.43%	0.19%
	SJM	C	0.05%	0.03%	0.03%
	SNA	C	0.07%	0.07%	0.07%
	SO	B	0.44%	0.42%	0.42%
	SPG	B	0.38%	0.22%	0.22%
	SRE	C	0.19%	0.24%	0.19%
	SSNC	B	0.04%	0.07%	0.04%
	STLD	F	0.04%	0.05%	0.04%
	STT	A	0.12%	0.11%	0.11%
	STZ	D	0.12%	0.19%	0.12%
	SWK	B	0.06%	0.08%	0.06%
	SWKS	D	0.05%	0.08%	0.05%
	SYF	C	0.07%	0.09%	0.07%
	SYY	D	0.19%	0.18%	0.18%
	TGT	C	0.25%	0.32%	0.25%
	TMO	B	0.2%	1.09%	0.2%
	TROW	D	0.12%	0.12%	0.12%
	TRV	C	0.14%	0.23%	0.14%
	TSCO	C	0.08%	0.07%	0.07%
	TSN	C	0.08%	0.08%	0.08%
	TXT	D	0.02%	0.08%	0.02%
	UDR	C	0.05%	0.03%	0.03%
	UNH	C	1.28%	2.46%	1.28%
	UNP	C	0.4%	0.7%	0.4%
	UPS	D	0.44%	0.44%	0.44%
	URI	B	0.07%	0.23%	0.07%
	USB	B	0.39%	0.33%	0.33%
	VICI	C	0.29%	0.15%	0.15%
	VLO	F	0.17%	0.25%	0.17%
	VLTO	C	0.02%	0.06%	0.02%
	VST	C	0.11%	0.13%	0.11%
	VTR	C	0.09%	0.1%	0.09%
	VTRS	D	0.09%	0.07%	0.07%
	WAB	B	0.03%	0.13%	0.03%
	WEC	C	0.11%	0.13%	0.11%
	WFC	D	0.68%	0.96%	0.68%
	WLK	D	0.03%	0.01%	0.01%
	WM	D	0.23%	0.38%	0.23%
	WMB	B	0.3%	0.24%	0.24%
	WMT	C	1.59%	1.41%	1.41%
	WPC	C	0.07%	0.06%	0.06%
	WRB	C	0.07%	0.07%	0.07%
	WY	C	0.05%	0.11%	0.05%
	XEL	B	0.22%	0.15%	0.15%
	XOM	C	2.41%	2.47%	2.41%
	XYL	C	0.05%	0.15%	0.05%
	ZBH	F	0.02%	0.11%	0.02%

DTD Overweight 550 Positions Relative to VTV

	Symbol	Grade	Weight
	AAPL	C	3.18%
	MSFT	C	2.96%
	NVDA	D	2.05%
	META	B	0.88%
	MCD	B	0.87%
	GOOGL	D	0.79%
	LLY	C	0.77%
	TMUS	C	0.68%
	TXN	C	0.66%
	V	C	0.65%
	GOOG	D	0.52%
	MA	B	0.45%
	COST	B	0.45%
	TJX	B	0.36%
	AMT	C	0.35%
	BX	B	0.34%
	ADP	B	0.33%
	SBUX	C	0.33%
	SYK	C	0.25%
	BKNG	C	0.25%
	PAYX	C	0.24%
	CRM	D	0.2%
	WELL	C	0.19%
	SPGI	B	0.18%
	INTU	C	0.17%
	EQIX	C	0.17%
	FAST	C	0.16%
	CTAS	B	0.15%
	APO	C	0.15%
	AMAT	D	0.15%
	NKE	D	0.15%
	ZTS	C	0.14%
	APH	D	0.14%
	MAR	C	0.13%
	LRCX	F	0.13%
	SHW	B	0.13%
	ECL	B	0.13%
	YUM	D	0.12%
	KLAC	D	0.12%
	MCO	B	0.11%
	ATO	B	0.1%
	TRGP	B	0.09%
	HSY	C	0.09%
	GWW	B	0.09%
	FANG	D	0.09%
	ARES	B	0.09%
	PNW	C	0.08%
	ORI	B	0.07%
	CUBE	B	0.07%
	NRG	C	0.07%
	AM	C	0.07%
	LVS	D	0.07%
	GLPI	C	0.07%
	BR	D	0.07%
	ROST	C	0.07%
	OGE	C	0.06%
	CNA	C	0.06%
	EQT	D	0.06%
	RGA	C	0.06%
	WSM	D	0.06%
	HES	F	0.06%
	LAMR	B	0.06%
	CG	D	0.06%
	IPG	C	0.06%
	INGR	B	0.05%
	ALLY	F	0.05%
	CHRD	F	0.05%
	DKS	D	0.05%
	LII	B	0.05%
	RS	D	0.05%
	EQH	C	0.05%
	ERIE	B	0.05%
	UNM	B	0.05%
	KIM	C	0.05%
	TPR	C	0.05%
	RMD	C	0.05%
	NNN	C	0.05%
	JNPR	B	0.05%
	TXRH	C	0.05%
	HLT	B	0.05%
	EWBC	D	0.05%
	CMA	B	0.05%
	HRB	C	0.05%
	WSO	C	0.05%
	MSCI	C	0.05%
	ROP	C	0.05%
	JEF	B	0.05%
	EMN	B	0.05%
	VRSK	D	0.04%
	EFX	B	0.04%
	BPOP	C	0.04%
	SNV	C	0.04%
	WU	F	0.04%
	AVA	C	0.04%
	WBS	D	0.04%
	UGI	C	0.04%
	ITT	B	0.04%
	TAP	D	0.04%
	CSL	B	0.04%
	FHB	D	0.04%
	CHRW	B	0.04%
	FNB	C	0.04%
	PWR	B	0.04%
	BRO	C	0.04%
	BKH	B	0.04%
	BAH	C	0.04%
	ODFL	D	0.04%
	SUI	B	0.04%
	ACI	F	0.04%
	OVV	F	0.04%
	SW	B	0.04%
	RDN	C	0.04%
	OGN	D	0.04%
	MTG	B	0.04%
	EVR	A	0.04%
	LNC	D	0.04%
	MPWR	C	0.04%
	CIVI	F	0.04%
	VMC	D	0.04%
	BRX	B	0.04%
	FRT	C	0.04%
	NWE	B	0.04%
	OMF	D	0.04%
	CHD	D	0.04%
	OWL	C	0.04%
	DTM	B	0.04%
	ROL	C	0.04%
	JXN	A	0.04%
	PNM	B	0.03%
	FCNCA	D	0.03%
	SF	A	0.03%
	TKR	D	0.03%
	COLB	B	0.03%
	SAIC	C	0.03%
	AUB	D	0.03%
	SBAC	C	0.03%
	VCTR	B	0.03%
	EHC	C	0.03%
	APA	F	0.03%
	WST	D	0.03%
	MSM	D	0.03%
	R	A	0.03%
	REG	C	0.03%
	NXST	D	0.03%
	FLS	D	0.03%
	ALSN	B	0.03%
	WSBC	D	0.03%
	VGR	B	0.03%
	OZK	D	0.03%
	CBT	B	0.03%
	DCI	C	0.03%
	CPT	B	0.03%
	AIT	A	0.03%
	AOS	D	0.03%
	GAP	F	0.03%
	OFG	C	0.03%
	ASB	D	0.03%
	WEN	C	0.03%
	BANR	B	0.03%
	AIZ	B	0.03%
	KBH	A	0.03%
	REYN	C	0.03%
	SFNC	B	0.03%
	DPZ	F	0.03%
	SR	B	0.03%
	AROC	D	0.03%
	ACT	B	0.03%
	MLI	A	0.03%
	MC	B	0.03%
	SCI	B	0.03%
	JWN	C	0.03%
	ALE	B	0.03%
	WAL	B	0.03%
	LECO	F	0.03%
	VLY	C	0.03%
	OGS	B	0.03%
	FBP	C	0.03%
	PFS	B	0.03%
	HOMB	B	0.03%
	CFR	C	0.03%
	GPK	B	0.03%
	PB	B	0.03%
	FIBK	B	0.03%
	RL	C	0.03%
	CCOI	C	0.03%
	HII	D	0.03%
	PRI	B	0.03%
	POR	C	0.03%
	SON	C	0.03%
	ZION	D	0.03%
	AFG	B	0.03%
	TFSL	C	0.03%
	PATK	B	0.03%
	FLO	C	0.03%
	FAF	B	0.03%
	AWR	B	0.03%
	HEI	B	0.03%
	MTN	D	0.03%
	PAG	D	0.03%
	OC	D	0.03%
	CHK	D	0.03%
	HLI	B	0.03%
	DINO	F	0.03%
	NFG	B	0.03%
	UI	B	0.03%
	RPM	B	0.03%
	WTRG	D	0.03%
	SEIC	C	0.02%
	SSD	D	0.02%
	SHOO	B	0.02%
	CCK	A	0.02%
	NSP	F	0.02%
	BYD	C	0.02%
	HTH	C	0.02%
	TTEK	C	0.02%
	AEO	F	0.02%
	IBTX	B	0.02%
	ACM	B	0.02%
	BCO	B	0.02%
	KFY	B	0.02%
	LW	D	0.02%
	CAKE	C	0.02%
	LEA	F	0.02%
	M	F	0.02%
	MATX	B	0.02%
	BC	C	0.02%
	SEM	D	0.02%
	HAFC	C	0.02%
	AL	D	0.02%
	WSFS	D	0.02%
	WAFD	C	0.02%
	BKE	B	0.02%
	PFSI	C	0.02%
	RHI	D	0.02%
	BRKL	C	0.02%
	WMS	D	0.02%
	IDCC	B	0.02%
	BERY	B	0.02%
	CMC	D	0.02%
	SPB	C	0.02%
	FR	B	0.02%
	MWA	B	0.02%
	MGY	C	0.02%
	NBHC	D	0.02%
	UBSI	B	0.02%
	TKO	B	0.02%
	OTTR	F	0.02%
	MRTN	D	0.02%
	ARMK	B	0.02%
	PINC	C	0.02%
	VRTS	F	0.02%
	TRMK	C	0.02%
	BWA	D	0.02%
	CRC	C	0.02%
	OSK	F	0.02%
	KNTK	B	0.02%
	LPLA	D	0.02%
	GNTX	F	0.02%
	BRC	C	0.02%
	IPAR	F	0.02%
	FCF	C	0.02%
	NYT	C	0.02%
	CWEN	C	0.02%
	EXP	B	0.02%
	ADTN	D	0.02%
	OCFC	B	0.02%
	CVBF	D	0.02%
	PEBO	C	0.02%
	XRAY	D	0.02%
	VIRT	C	0.02%
	FFBC	D	0.02%
	CVI	F	0.02%
	RHP	C	0.02%
	RRX	C	0.02%
	LPX	B	0.02%
	WWD	D	0.02%
	IDA	C	0.02%
	KMT	B	0.02%
	MOS	F	0.02%
	NDSN	C	0.02%
	BBWI	F	0.02%
	HNI	C	0.02%
	STC	B	0.02%
	BNL	B	0.02%
	FULT	D	0.02%
	TER	D	0.02%
	HUN	D	0.02%
	NEU	D	0.02%
	GBCI	B	0.02%
	CBU	C	0.02%
	THO	D	0.02%
	TPG	B	0.02%
	NSA	B	0.02%
	IBOC	D	0.02%
	SLM	D	0.02%
	CADE	C	0.02%
	SBRA	C	0.02%
	PRGS	C	0.02%
	SSB	B	0.02%
	LCII	C	0.02%
	CBSH	C	0.02%
	JBHT	D	0.02%
	ONB	C	0.02%
	FCPT	C	0.02%
	TRN	D	0.02%
	UFPI	C	0.02%
	EPR	B	0.02%
	ESI	D	0.02%
	TW	B	0.02%
	LANC	D	0.02%
	RUSHA	C	0.02%
	VOYA	B	0.02%
	AWI	B	0.02%
	LSTR	D	0.02%
	AMH	C	0.02%
	TRST	C	0.02%
	CCS	B	0.02%
	NOG	D	0.02%
	TMP	C	0.02%
	FDS	C	0.02%
	TNL	D	0.02%
	KTB	B	0.02%
	QCRH	B	0.02%
	SWX	C	0.02%
	CASY	D	0.02%
	MUR	F	0.02%
	WH	B	0.02%
	AVNT	B	0.02%
	RGLD	C	0.02%
	CRI	D	0.02%
	TTC	D	0.02%
	FBMS	B	0.02%
	GEF	D	0.02%
	BUSE	C	0.02%
	IEX	D	0.02%
	GTY	B	0.02%
	JKHY	B	0.02%
	ELS	C	0.02%
	SASR	B	0.02%
	STBA	B	0.02%
	UHS	B	0.02%
	STAG	C	0.02%
	CNO	B	0.02%
	ATR	B	0.02%
	CATY	C	0.02%
	HLNE	B	0.02%
	BWXT	D	0.02%
	GGG	C	0.02%
	MDU	C	0.02%
	NJR	B	0.02%
	BANF	B	0.02%
	BOKF	B	0.02%
	AVT	C	0.02%
	PII	D	0.02%
	TPL	B	0.02%
	CNS	B	0.02%
	VRT	C	0.02%
	SMG	C	0.02%
	NUS	F	0.01%
	CHCO	B	0.01%
	CABO	F	0.01%
	IIPR	B	0.01%
	HI	F	0.01%
	BGS	D	0.01%
	WMG	D	0.01%
	IRDM	D	0.01%
	DAN	F	0.01%
	UWMC	D	0.01%
	GBX	C	0.01%
	DK	F	0.01%
	LZB	C	0.01%
	BMI	A	0.01%
	AESI	C	0.01%
	PRDO	D	0.01%
	TEX	F	0.01%
	DLB	D	0.01%
	IBP	D	0.01%
	WINA	D	0.01%
	TOL	B	0.01%
	POWL	C	0.01%
	SCL	D	0.01%
	COKE	C	0.01%
	HEES	D	0.01%
	DLX	D	0.01%
	PBI	D	0.01%
	LXP	B	0.01%
	DIN	F	0.01%
	ENS	D	0.01%
	VSH	F	0.01%
	GES	F	0.01%
	WWW	B	0.01%
	PCH	C	0.01%
	AAON	B	0.01%
	WOR	D	0.01%
	MLKN	D	0.01%
	KNSL	C	0.01%
	MUSA	D	0.01%
	CHH	C	0.01%
	AGM	D	0.01%
	SFBS	B	0.01%
	OXM	F	0.01%
	SCS	D	0.01%
	BTU	D	0.01%
	WCC	D	0.01%
	MCRI	C	0.01%
	HXL	F	0.01%
	CRGY	D	0.01%
	KALU	F	0.01%
	ORA	C	0.01%
	FIX	B	0.01%
	GL	C	0.01%
	CHE	C	0.01%
	CWEN	C	0.01%
	ENR	D	0.01%
	KRO	D	0.01%
	COLD	D	0.01%
	GRNT	D	0.01%
	BRKR	D	0.01%
	SLGN	B	0.01%
	LBRT	D	0.01%
	MTDR	F	0.01%
	X	F	0.01%
	EME	B	0.01%
	HMN	D	0.01%
	BLMN	F	0.01%
	PTVE	D	0.01%
	BOH	D	0.01%
	HP	F	0.01%
	RLI	B	0.01%
	AMSF	C	0.01%
	LEVI	C	0.01%
	KRC	B	0.01%
	BHE	D	0.01%
	COLM	C	0.01%
	UCBI	B	0.01%
	CC	F	0.01%
	ASH	D	0.01%
	SSBK	C	0.01%
	JBT	D	0.01%
	JJSF	C	0.01%
	EGBN	C	0.01%
	CNXC	F	0.01%
	MORN	C	0.01%
	VMI	D	0.01%
	PAYC	D	0.01%
	AZZ	D	0.01%
	PNFP	B	0.01%
	HOG	C	0.01%
	SAFT	D	0.01%
	CACC	F	0.01%
	SIGI	D	0.01%
	WERN	D	0.01%
	CFFN	D	0.01%
	MKTX	C	0.01%
	PFBC	D	0.01%
	UVV	D	0.01%
	WTFC	B	0.01%
	FG	D	0.01%
	OLED	C	0.01%
	NAVI	C	0.01%
	LEG	D	0.01%
	RRR	D	0.01%
	CHDN	C	0.01%
	AMKR	F	0.01%
	EGP	B	0.01%
	KBR	D	0.01%
	ABM	D	0.01%
	SRCE	C	0.01%
	WMK	C	0.01%
	PBF	F	0.01%
	CRS	B	0.01%
	EBC	B	0.01%
	CHX	F	0.01%
	SM	F	0.01%
	XRX	D	0.01%
	PDCO	F	0.01%
	PZZA	D	0.01%
	WDFC	C	0.01%
	KWR	D	0.01%
	MSBI	D	0.01%
	SNDR	B	0.01%
	RGP	F	0.01%
	FFIN	B	0.01%
	PHIN	B	0.01%
	TECH	C	0.01%
	VAC	F	0.01%
	DNB	C	0.01%
	PRK	C	0.01%
	TDS	C	0.01%
	UTZ	C	0.01%
	MMS	C	0.01%
	BKU	C	0.01%
	ZWS	A	0.01%
	CPK	B	0.01%
	GATX	D	0.01%
	WGO	D	0.01%
	SEB	D	0.01%
	GOLF	D	0.01%
	HTLF	B	0.01%
	MSA	D	0.01%
	STRA	F	0.01%
	STEP	B	0.01%
	OLN	D	0.01%
	UMBF	B	0.01%
	KMPR	D	0.01%
	LAD	D	0.01%
	SYBT	A	0.01%
	HRI	D	0.01%
	FRME	D	0.01%
	MAN	C	0.01%
	SLG	B	0.01%
	MKSI	F	0.01%
	SKT	B	0.01%
	MGEE	B	0.01%
	KLG	C	0.01%
	RRC	D	0.01%
	EXPO	A	0.01%
	LFUS	C	0.01%
	JBL	D	0.01%
	BANC	B	0.01%
	SLVM	B	0.01%
	APOG	B	0.01%
	SXT	C	0.01%
	EPC	F	0.01%
	TPX	C	0.01%
	HWC	D	0.01%
	PR	F	0.01%
	ADC	C	0.01%
	KSS	F	0.01%
	BSY	D	0.01%
	THG	B	0.01%
	AGCO	D	0.01%
	WD	A	0.01%
	WHD	C	0.01%
	IOSP	D	0.01%
	UTL	C	0.01%
	SEE	D	0.01%
	SNX	D	0.01%
	UVSP	B	0.01%
	NOV	F	0.01%
	PTEN	F	0.01%
	RNST	D	0.01%
	MCY	D	0.01%
	MAC	B	0.0%
	POWI	F	0.0%
	KW	C	0.0%
	GTN	D	0.0%
	RELL	C	0.0%
	NFE	F	0.0%
	CWH	C	0.0%

DTD Underweight 77 Positions Relative to VTV

	Symbol	Grade	Weight
	BRK.A	C	-3.05%
	PFE	C	-0.8%
	VZ	B	-0.71%
	NEE	C	-0.69%
	BRK.A	C	-0.66%
	T	C	-0.64%
	INTC	F	-0.61%
	ETN	C	-0.57%
	REGN	C	-0.52%
	CB	B	-0.52%
	MDT	C	-0.49%
	ACN	C	-0.48%
	TT	B	-0.35%
	MMM	B	-0.33%
	PYPL	B	-0.32%
	FCX	D	-0.3%
	TFC	C	-0.28%
	NEM	B	-0.26%
	JCI	B	-0.22%
	TEL	D	-0.22%
	F	F	-0.2%
	IQV	C	-0.2%
	CNC	D	-0.19%
	CTVA	B	-0.18%
	KMI	B	-0.18%
	CHTR	D	-0.17%
	AON	B	-0.16%
	ACGL	C	-0.16%
	SLB	F	-0.16%
	CBRE	A	-0.16%
	DVN	F	-0.14%
	BIIB	F	-0.14%
	WTW	C	-0.13%
	IFF	B	-0.12%
	NVR	B	-0.12%
	LYB	D	-0.12%
	GRMN	D	-0.12%
	DG	F	-0.12%
	KEYS	C	-0.11%
	GEV	B	-0.11%
	DLTR	F	-0.1%
	WDC	D	-0.1%
	CFG	C	-0.09%
	HOLX	B	-0.09%
	WBD	D	-0.09%
	CPAY	B	-0.09%
	TDY	B	-0.09%
	MOH	D	-0.09%
	MKL	C	-0.09%
	CCL	C	-0.08%
	ON	D	-0.08%
	EG	C	-0.08%
	RCL	B	-0.08%
	TRU	B	-0.08%
	ZBRA	B	-0.08%
	AVTR	B	-0.08%
	BAX	C	-0.08%
	ZM	C	-0.07%
	UAL	C	-0.07%
	AKAM	D	-0.07%
	KEY	B	-0.07%
	TRMB	C	-0.06%
	MGM	F	-0.05%
	GDDY	C	-0.05%
	STX	C	-0.05%
	RPRX	C	-0.05%
	STE	C	-0.05%
	DOC	C	-0.04%
	WBA	F	-0.04%
	FOXA	B	-0.04%
	CTRA	D	-0.04%
	AES	C	-0.03%
	RKT	C	-0.01%
	AGR	B	-0.01%
	EPAM	F	-0.01%
	SIRI	C	-0.0%
	LSXMK	D	-0.0%

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 Commercial Bank Insurance Products Plastic

VTV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Asset Management Banks - Regional - US Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Health Care Plans Semiconductors Utilities - Diversified Information Technology Services Oil & Gas E&P REIT - Residential Specialty Chemicals Aerospace & Defense Business Services Capital Markets Credit Services Diagnostics & Research Household & Personal Products

Keywords: S&P 500 Natural Gas Nasdaq 100 Electricity Insurance Dow Jones Component Bank Banking Aerospace Insurance Products Real Estate Investment Trust Telecommunications Computing Electronics Chemical Cash Management Disability Financial Products Investment Bank Medicine