ILCB vs. BIV ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to Vanguard Intermediate-Term Bond ETF (BIV)

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-capitalization U.S. equities. 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. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$79.14

Average Daily Volume

58,407

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted 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 Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. 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 held in the index.

Grade (RS Rating)

Last Trade

$77.30

Average Daily Volume

1,048,975

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	BIV
30 Days	4.04%	-0.60%
60 Days	10.87%	0.34%
90 Days	3.29%	3.60%
12 Months	35.86%	11.64%

351 Overlapping Holdings

Symbol	Grade	Weight in ILCB	Weight in BIV	Overlap
A	B	0.09%	0.01%	0.01%
AAPL	C	6.45%	0.01%	0.01%
ABBV	C	0.69%	0.05%	0.05%
ABT	C	0.39%	0.01%	0.01%
ACGL	A	0.08%	0.01%	0.01%
ADBE	F	0.44%	0.02%	0.02%
ADI	B	0.22%	0.02%	0.02%
ADM	F	0.06%	0.02%	0.02%
ADP	A	0.23%	0.02%	0.02%
ADSK	B	0.11%	0.01%	0.01%
AEE	A	0.05%	0.01%	0.01%
AEP	C	0.11%	0.01%	0.01%
AES	C	0.03%	0.01%	0.01%
AFG	A	0.02%	0.01%	0.01%
AFL	A	0.11%	0.01%	0.01%
AGR	C	0.0%	0.01%	0.0%
AIG	C	0.09%	0.01%	0.01%
ALL	A	0.1%	0.01%	0.01%
ALLE	A	0.03%	0.01%	0.01%
AMAT	C	0.32%	0.01%	0.01%
AMCR	C	0.03%	0.01%	0.01%
AMGN	D	0.34%	0.01%	0.01%
AMH	D	0.02%	0.01%	0.01%
AMT	D	0.22%	0.01%	0.01%
AMZN	C	3.49%	0.02%	0.02%
AON	A	0.15%	0.01%	0.01%
APD	C	0.13%	0.01%	0.01%
APH	D	0.15%	0.01%	0.01%
APTV	D	0.03%	0.01%	0.01%
ARE	D	0.04%	0.01%	0.01%
ATO	A	0.04%	0.01%	0.01%
AVB	C	0.06%	0.01%	0.01%
AVGO	B	1.52%	0.01%	0.01%
AVY	D	0.03%	0.01%	0.01%
AWK	D	0.06%	0.01%	0.01%
AXP	A	0.3%	0.05%	0.05%
AZO	D	0.11%	0.01%	0.01%
BA	F	0.19%	0.01%	0.01%
BAC	B	0.53%	0.01%	0.01%
BAX	D	0.04%	0.01%	0.01%
BBY	C	0.04%	0.01%	0.01%
BDX	C	0.14%	0.01%	0.01%
BEN	F	0.01%	0.01%	0.01%
BG	F	0.03%	0.01%	0.01%
BIIB	F	0.05%	0.04%	0.04%
BK	A	0.1%	0.01%	0.01%
BKNG	B	0.27%	0.01%	0.01%
BLK	A	0.28%	0.01%	0.01%
BMY	A	0.21%	0.01%	0.01%
BR	B	0.05%	0.02%	0.02%
BRO	A	0.05%	0.01%	0.01%
BSX	A	0.25%	0.02%	0.02%
BXP	B	0.02%	0.01%	0.01%
C	B	0.23%	0.01%	0.01%
CAG	D	0.03%	0.02%	0.02%
CAH	B	0.05%	0.03%	0.03%
CARR	A	0.13%	0.02%	0.02%
CAT	A	0.38%	0.01%	0.01%
CB	A	0.22%	0.03%	0.03%
CCI	D	0.1%	0.01%	0.01%
CE	D	0.03%	0.01%	0.01%
CFG	C	0.04%	0.01%	0.01%
CHD	D	0.05%	0.01%	0.01%
CHTR	D	0.06%	0.02%	0.02%
CI	D	0.19%	0.01%	0.01%
CINF	A	0.04%	0.01%	0.01%
CLX	C	0.04%	0.01%	0.01%
CMCSA	B	0.32%	0.01%	0.01%
CME	A	0.16%	0.01%	0.01%
CMI	A	0.09%	0.01%	0.01%
CMS	A	0.04%	0.01%	0.01%
CNH	C	0.02%	0.01%	0.01%
CNP	B	0.04%	0.01%	0.01%
COF	A	0.11%	0.01%	0.01%
COP	D	0.25%	0.01%	0.01%
COST	C	0.77%	0.01%	0.01%
CPB	D	0.02%	0.02%	0.02%
CPT	C	0.03%	0.01%	0.01%
CRM	B	0.5%	0.02%	0.02%
CSL	A	0.04%	0.01%	0.01%
CSX	D	0.13%	0.01%	0.01%
CTAS	C	0.14%	0.02%	0.02%
CTVA	A	0.08%	0.01%	0.01%
CVS	D	0.15%	0.01%	0.01%
CVX	B	0.5%	0.01%	0.01%
D	A	0.1%	0.01%	0.01%
DAL	C	0.06%	0.02%	0.02%
DD	C	0.07%	0.05%	0.05%
DE	C	0.21%	0.01%	0.01%
DELL	C	0.06%	0.01%	0.01%
DFS	A	0.07%	0.02%	0.02%
DG	F	0.04%	0.01%	0.01%
DGX	D	0.03%	0.01%	0.01%
DHI	C	0.11%	0.01%	0.01%
DHR	D	0.35%	0.01%	0.01%
DIS	D	0.34%	0.01%	0.01%
DLR	C	0.1%	0.02%	0.02%
DLTR	F	0.03%	0.03%	0.03%
DOC	C	0.03%	0.02%	0.02%
DOV	C	0.05%	0.01%	0.01%
DOW	B	0.08%	0.01%	0.01%
DRI	C	0.04%	0.01%	0.01%
DT	B	0.03%	0.11%	0.03%
DTE	B	0.05%	0.01%	0.01%
DUK	C	0.18%	0.01%	0.01%
DVN	F	0.05%	0.01%	0.01%
EA	D	0.07%	0.02%	0.02%
EBAY	A	0.07%	0.02%	0.02%
ECL	C	0.13%	0.01%	0.01%
ED	C	0.07%	0.01%	0.01%
EFX	D	0.07%	0.02%	0.02%
EIX	C	0.07%	0.01%	0.01%
EL	D	0.05%	0.01%	0.01%
EMN	C	0.03%	0.01%	0.01%
EMR	B	0.12%	0.01%	0.01%
EOG	B	0.14%	0.02%	0.02%
EQH	B	0.02%	0.01%	0.01%
EQIX	C	0.17%	0.01%	0.01%
EQR	C	0.05%	0.01%	0.01%
ES	D	0.05%	0.01%	0.01%
ESS	D	0.04%	0.01%	0.01%
ETN	B	0.26%	0.02%	0.02%
ETR	A	0.06%	0.01%	0.01%
EVRG	C	0.03%	0.01%	0.01%
EW	F	0.08%	0.01%	0.01%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.02%	0.02%
EXR	D	0.07%	0.01%	0.01%
FANG	D	0.06%	0.01%	0.01%
FDX	F	0.12%	0.01%	0.01%
FIS	A	0.09%	0.01%	0.01%
FITB	C	0.06%	0.01%	0.01%
FLEX	B	0.03%	0.01%	0.01%
FNF	C	0.03%	0.01%	0.01%
FOXA	B	0.02%	0.02%	0.02%
FTNT	A	0.1%	0.01%	0.01%
GD	C	0.15%	0.02%	0.02%
GE	B	0.4%	0.02%	0.02%
GILD	A	0.21%	0.01%	0.01%
GIS	C	0.08%	0.01%	0.01%
GLPI	C	0.03%	0.01%	0.01%
GM	D	0.1%	0.01%	0.01%
GOOGL	B	1.95%	0.02%	0.02%
GPC	D	0.04%	0.01%	0.01%
GPN	F	0.05%	0.01%	0.01%
GS	B	0.32%	0.01%	0.01%
HAL	D	0.05%	0.02%	0.02%
HBAN	B	0.04%	0.01%	0.01%
HCA	C	0.15%	0.02%	0.02%
HD	A	0.81%	0.01%	0.01%
HES	D	0.08%	0.01%	0.01%
HIG	A	0.07%	0.02%	0.02%
HII	F	0.02%	0.01%	0.01%
HON	C	0.27%	0.01%	0.01%
HPQ	B	0.07%	0.02%	0.02%
HRL	F	0.02%	0.01%	0.01%
HST	D	0.02%	0.02%	0.02%
HSY	D	0.06%	0.01%	0.01%
HUBB	A	0.05%	0.01%	0.01%
HUM	F	0.07%	0.01%	0.01%
IBM	A	0.4%	0.01%	0.01%
ICE	A	0.18%	0.01%	0.01%
IEX	D	0.03%	0.01%	0.01%
IFF	D	0.05%	0.01%	0.01%
ILMN	B	0.04%	0.01%	0.01%
INTC	D	0.19%	0.01%	0.01%
INTU	F	0.34%	0.01%	0.01%
INVH	D	0.04%	0.02%	0.02%
IPG	D	0.02%	0.01%	0.01%
ITW	C	0.15%	0.01%	0.01%
JBL	C	0.03%	0.01%	0.01%
JCI	C	0.1%	0.01%	0.01%
JNJ	D	0.78%	0.01%	0.01%
JNPR	C	0.03%	0.01%	0.01%
JPM	C	1.17%	0.01%	0.01%
K	B	0.04%	0.01%	0.01%
KDP	C	0.08%	0.01%	0.01%
KEY	B	0.03%	0.01%	0.01%
KEYS	B	0.05%	0.01%	0.01%
KIM	C	0.03%	0.01%	0.01%
KLAC	B	0.2%	0.02%	0.02%
KMB	D	0.1%	0.01%	0.01%
KMI	A	0.09%	0.01%	0.01%
KO	C	0.56%	0.01%	0.01%
KR	C	0.08%	0.01%	0.01%
L	C	0.03%	0.01%	0.01%
LDOS	A	0.04%	0.02%	0.02%
LEN	C	0.09%	0.01%	0.01%
LEN	C	0.0%	0.01%	0.0%
LH	D	0.04%	0.01%	0.01%
LHX	A	0.09%	0.01%	0.01%
LII	C	0.04%	0.01%	0.01%
LIN	C	0.45%	0.01%	0.01%
LLY	D	1.49%	0.01%	0.01%
LMT	A	0.25%	0.02%	0.02%
LNT	B	0.03%	0.01%	0.01%
LOW	C	0.31%	0.01%	0.01%
LRCX	D	0.21%	0.02%	0.02%
LUV	B	0.04%	0.01%	0.01%
LVS	B	0.04%	0.02%	0.02%
LYB	B	0.05%	0.01%	0.01%
MA	A	0.81%	0.01%	0.01%
MAA	D	0.04%	0.01%	0.01%
MAR	A	0.11%	0.01%	0.01%
MAS	C	0.04%	0.01%	0.01%
MCD	A	0.44%	0.02%	0.02%
MCO	D	0.15%	0.01%	0.01%
MDLZ	D	0.19%	0.01%	0.01%
MDT	C	0.23%	0.01%	0.01%
MET	A	0.1%	0.02%	0.02%
MKC	C	0.04%	0.01%	0.01%
MKL	B	0.04%	0.01%	0.01%
MLM	F	0.07%	0.01%	0.01%
MMC	D	0.22%	0.02%	0.02%
MMM	C	0.15%	0.01%	0.01%
MO	D	0.17%	0.01%	0.01%
MOS	F	0.02%	0.02%	0.02%
MPC	D	0.11%	0.01%	0.01%
MRK	F	0.58%	0.02%	0.02%
MRO	B	0.03%	0.02%	0.02%
MRVL	C	0.12%	0.01%	0.01%
MS	A	0.26%	0.04%	0.04%
MSFT	D	6.22%	0.1%	0.1%
MSI	A	0.15%	0.01%	0.01%
MTB	A	0.06%	0.02%	0.02%
MU	D	0.22%	0.02%	0.02%
NDAQ	C	0.06%	0.01%	0.01%
NEE	C	0.35%	0.01%	0.01%
NEM	C	0.12%	0.02%	0.02%
NI	A	0.03%	0.02%	0.02%
NKE	D	0.21%	0.01%	0.01%
NOC	B	0.16%	0.02%	0.02%
NOW	B	0.36%	0.03%	0.03%
NSC	C	0.11%	0.01%	0.01%
NTAP	D	0.05%	0.01%	0.01%
NTRS	B	0.04%	0.01%	0.01%
NUE	D	0.07%	0.01%	0.01%
NVDA	B	5.52%	0.03%	0.03%
NVR	C	0.06%	0.01%	0.01%
NVT	C	0.02%	0.01%	0.01%
NXPI	F	0.12%	0.01%	0.01%
O	C	0.11%	0.01%	0.01%
OC	C	0.03%	0.01%	0.01%
OKE	A	0.11%	0.01%	0.01%
OMC	C	0.04%	0.01%	0.01%
ORCL	A	0.53%	0.01%	0.01%
ORLY	A	0.13%	0.01%	0.01%
OTIS	A	0.08%	0.01%	0.01%
PCG	C	0.08%	0.01%	0.01%
PEG	A	0.09%	0.01%	0.01%
PEP	F	0.47%	0.01%	0.01%
PFE	D	0.32%	0.01%	0.01%
PFG	A	0.04%	0.01%	0.01%
PG	D	0.81%	0.01%	0.01%
PGR	B	0.3%	0.02%	0.02%
PH	A	0.16%	0.02%	0.02%
PHM	C	0.06%	0.01%	0.01%
PKG	B	0.04%	0.01%	0.01%
PLD	D	0.23%	0.01%	0.01%
PM	D	0.37%	0.01%	0.01%
PNC	C	0.14%	0.01%	0.01%
PPG	D	0.06%	0.01%	0.01%
PRU	B	0.09%	0.01%	0.01%
PSA	C	0.11%	0.01%	0.01%
PSX	D	0.11%	0.01%	0.01%
PWR	A	0.09%	0.01%	0.01%
PYPL	A	0.16%	0.02%	0.02%
QCOM	D	0.37%	0.02%	0.02%
QRVO	F	0.02%	0.02%	0.02%
REG	C	0.02%	0.01%	0.01%
REGN	D	0.22%	0.02%	0.02%
RF	B	0.04%	0.01%	0.01%
RGA	B	0.03%	0.01%	0.01%
RJF	B	0.05%	0.03%	0.03%
RNR	A	0.03%	0.01%	0.01%
ROK	D	0.06%	0.01%	0.01%
ROP	D	0.12%	0.01%	0.01%
ROST	D	0.1%	0.01%	0.01%
RPM	A	0.03%	0.01%	0.01%
RPRX	D	0.02%	0.01%	0.01%
RS	D	0.03%	0.01%	0.01%
RSG	D	0.08%	0.01%	0.01%
RTX	A	0.33%	0.01%	0.01%
SBUX	B	0.22%	0.01%	0.01%
SCHW	D	0.18%	0.01%	0.01%
SHW	C	0.18%	0.01%	0.01%
SJM	D	0.03%	0.01%	0.01%
SLB	D	0.12%	0.03%	0.03%
SNA	C	0.03%	0.01%	0.01%
SNX	C	0.01%	0.01%	0.01%
SO	A	0.2%	0.01%	0.01%
SPG	A	0.1%	0.01%	0.01%
SPGI	C	0.32%	0.01%	0.01%
SRE	C	0.11%	0.01%	0.01%
STE	D	0.05%	0.01%	0.01%
STLD	C	0.04%	0.01%	0.01%
STT	A	0.05%	0.01%	0.01%
STZ	D	0.08%	0.01%	0.01%
SUI	D	0.03%	0.01%	0.01%
SWK	C	0.03%	0.01%	0.01%
SWKS	F	0.03%	0.01%	0.01%
SYF	A	0.04%	0.02%	0.02%
SYK	C	0.26%	0.02%	0.02%
SYY	D	0.08%	0.02%	0.02%
T	B	0.31%	0.01%	0.01%
TDY	A	0.04%	0.01%	0.01%
TEL	D	0.09%	0.02%	0.02%
TFC	D	0.11%	0.01%	0.01%
TGT	C	0.14%	0.01%	0.01%
TJX	D	0.26%	0.01%	0.01%
TMO	D	0.47%	0.01%	0.01%
TMUS	A	0.2%	0.04%	0.04%
TRMB	B	0.03%	0.02%	0.02%
TSCO	A	0.06%	0.01%	0.01%
TSN	D	0.03%	0.03%	0.03%
TT	A	0.17%	0.01%	0.01%
TXN	C	0.37%	0.01%	0.01%
TXT	F	0.03%	0.01%	0.01%
UAL	A	0.04%	0.01%	0.01%
UDR	C	0.03%	0.01%	0.01%
UHS	D	0.03%	0.02%	0.02%
UNH	B	1.07%	0.01%	0.01%
UNM	A	0.02%	0.01%	0.01%
UNP	F	0.3%	0.01%	0.01%
UPS	D	0.19%	0.01%	0.01%
USB	C	0.14%	0.01%	0.01%
V	B	0.92%	0.01%	0.01%
VLO	F	0.09%	0.01%	0.01%
VMC	D	0.07%	0.01%	0.01%
VRSK	D	0.08%	0.01%	0.01%
VRSN	C	0.03%	0.02%	0.02%
VTR	C	0.05%	0.01%	0.01%
VTRS	D	0.03%	0.02%	0.02%
VZ	C	0.38%	0.01%	0.01%
WAB	A	0.06%	0.02%	0.02%
WBA	F	0.01%	0.01%	0.01%
WEC	B	0.06%	0.01%	0.01%
WELL	C	0.15%	0.01%	0.01%
WFC	B	0.38%	0.04%	0.04%
WLK	C	0.01%	0.01%	0.01%
WM	B	0.15%	0.01%	0.01%
WMB	A	0.11%	0.01%	0.01%
WMT	A	0.7%	0.01%	0.01%
WPC	C	0.03%	0.01%	0.01%
WTRG	D	0.02%	0.01%	0.01%
WY	C	0.05%	0.02%	0.02%
XEL	C	0.07%	0.01%	0.01%
XOM	A	1.06%	0.01%	0.01%
XYL	C	0.06%	0.01%	0.01%
ZBH	F	0.04%	0.02%	0.02%
ZTS	C	0.18%	0.01%	0.01%

ILCB Overweight 263 Positions Relative to BIV

Symbol	Grade	Weight
META	A	2.51%
GOOG	B	1.74%
BRK.A	B	1.64%
TSLA	C	1.43%
NFLX	A	0.6%
AMD	C	0.51%
ACN	B	0.44%
CSCO	A	0.42%
ISRG	C	0.34%
UBER	C	0.3%
ELV	F	0.24%
VRTX	D	0.24%
BX	C	0.22%
FI	A	0.21%
PANW	B	0.21%
ANET	A	0.2%
MELI	D	0.2%
CL	D	0.17%
CEG	A	0.17%
KKR	A	0.17%
CMG	C	0.16%
TDG	A	0.16%
SNPS	F	0.15%
GEV	A	0.14%
CDNS	D	0.14%
FCX	B	0.14%
PLTR	A	0.14%
CRWD	D	0.13%
MCK	F	0.13%
AJG	C	0.12%
CRH	C	0.12%
ABNB	D	0.11%
URI	C	0.11%
TRV	B	0.11%
HLT	A	0.11%
TTD	A	0.1%
PCAR	D	0.1%
WDAY	D	0.1%
APO	A	0.1%
DASH	A	0.09%
MSCI	B	0.09%
PAYX	B	0.09%
CPRT	B	0.09%
GWW	B	0.09%
FICO	C	0.09%
AMP	A	0.09%
COR	F	0.08%
IT	A	0.08%
CTSH	B	0.08%
AME	C	0.08%
CNC	F	0.08%
YUM	C	0.08%
VST	A	0.08%
KVUE	C	0.08%
IR	A	0.08%
RCL	B	0.08%
FAST	C	0.08%
FERG	F	0.08%
IDXX	D	0.08%
HWM	A	0.08%
MCHP	F	0.08%
MPWR	B	0.08%
LNG	A	0.08%
F	D	0.08%
IQV	F	0.08%
TRGP	A	0.07%
OXY	D	0.07%
DDOG	B	0.07%
VICI	C	0.07%
GLW	C	0.07%
ALNY	C	0.07%
IRM	B	0.07%
RMD	C	0.07%
VRT	B	0.07%
SNOW	F	0.07%
GEHC	C	0.07%
MNST	D	0.07%
SQ	D	0.07%
BKR	B	0.07%
ODFL	F	0.07%
CBRE	C	0.07%
MSTR	B	0.06%
AXON	A	0.06%
CDW	D	0.06%
ARES	A	0.06%
CPNG	C	0.06%
LULU	D	0.06%
CSGP	F	0.06%
ON	F	0.06%
VEEV	C	0.06%
KHC	F	0.06%
WTW	C	0.06%
MTD	C	0.06%
COIN	F	0.06%
FCNCA	D	0.05%
RBLX	D	0.05%
BLDR	C	0.05%
TROW	D	0.05%
NET	D	0.05%
DECK	B	0.05%
PPL	C	0.05%
SW	C	0.05%
TYL	D	0.05%
FSLR	C	0.05%
TTWO	D	0.05%
TEAM	D	0.05%
HPE	B	0.05%
VLTO	A	0.05%
SBAC	C	0.05%
DXCM	F	0.05%
GRMN	D	0.05%
HUBS	D	0.05%
FTV	C	0.05%
APP	A	0.05%
ANSS	D	0.05%
TPL	A	0.04%
EXPD	D	0.04%
CCL	C	0.04%
CTRA	D	0.04%
ULTA	D	0.04%
WBD	F	0.04%
WSM	C	0.04%
ALGN	D	0.04%
DKNG	C	0.04%
MDB	D	0.04%
ZBRA	B	0.04%
HOLX	D	0.04%
NRG	A	0.04%
PINS	D	0.04%
MOH	F	0.04%
TRU	C	0.04%
TER	C	0.04%
EME	B	0.04%
SMCI	F	0.04%
EQT	C	0.04%
GDDY	B	0.04%
BAH	C	0.04%
PTC	B	0.04%
WAT	B	0.04%
COO	C	0.04%
BALL	C	0.04%
MRNA	F	0.04%
WDC	C	0.04%
STX	C	0.04%
CPAY	A	0.04%
WST	D	0.04%
FE	C	0.04%
ELS	D	0.03%
FFIV	B	0.03%
FND	C	0.03%
JKHY	A	0.03%
BLD	D	0.03%
BMRN	F	0.03%
NDSN	C	0.03%
UTHR	C	0.03%
ERIE	A	0.03%
NTNX	C	0.03%
JBHT	D	0.03%
FIX	A	0.03%
USFD	C	0.03%
ACM	A	0.03%
CASY	D	0.03%
POOL	D	0.03%
TW	A	0.03%
GGG	C	0.03%
IBKR	A	0.03%
ROL	C	0.03%
PSTG	F	0.03%
AKAM	D	0.03%
DPZ	D	0.03%
ENPH	F	0.03%
ZS	F	0.03%
RVTY	C	0.03%
GEN	A	0.03%
NTRA	A	0.03%
PNR	C	0.03%
THC	D	0.03%
HEI	C	0.03%
TOL	C	0.03%
FWONK	D	0.03%
CF	A	0.03%
SSNC	C	0.03%
PODD	C	0.03%
CHK	C	0.03%
LYV	A	0.03%
ENTG	D	0.03%
BURL	C	0.03%
ZM	B	0.03%
MANH	A	0.03%
J	F	0.03%
IP	C	0.03%
EG	A	0.03%
FDS	C	0.03%
AVTR	D	0.03%
LPLA	D	0.03%
WRB	C	0.03%
WSO	C	0.03%
CNM	F	0.02%
DVA	C	0.02%
PAYC	D	0.02%
MEDP	F	0.02%
AR	C	0.02%
MORN	B	0.02%
MGM	D	0.02%
SOLV	C	0.02%
LW	D	0.02%
ALLY	F	0.02%
APA	F	0.02%
DAY	C	0.02%
CG	B	0.02%
WYNN	B	0.02%
CHDN	C	0.02%
CRL	F	0.02%
NWSA	D	0.02%
TAP	D	0.02%
BJ	B	0.02%
LKQ	F	0.02%
AOS	C	0.02%
TWLO	B	0.02%
OVV	D	0.02%
ALB	D	0.02%
RRX	B	0.02%
HEI	C	0.02%
LECO	D	0.02%
EPAM	F	0.02%
WMS	D	0.02%
SRPT	F	0.02%
INCY	B	0.02%
SNAP	D	0.02%
HOOD	B	0.02%
SAIA	D	0.02%
SCI	D	0.02%
TFX	C	0.02%
NBIX	F	0.02%
CCK	C	0.02%
OKTA	F	0.02%
DKS	D	0.02%
PFGC	A	0.02%
WING	C	0.02%
TECH	D	0.02%
KMX	F	0.02%
CLH	B	0.02%
XPO	F	0.02%
TTEK	A	0.02%
DOCU	A	0.02%
EXAS	C	0.02%
NWS	D	0.01%
PAG	D	0.01%
COTY	F	0.01%
CELH	F	0.01%
PCOR	D	0.01%
FOX	B	0.01%
SIRI	C	0.01%
BRKR	D	0.01%
U	D	0.01%
AZPN	A	0.01%
BSY	D	0.01%
UHAL	C	0.01%
ACI	F	0.01%
DINO	F	0.01%
UHAL	C	0.0%
ALAB	C	0.0%
FWONA	C	0.0%

ILCB Underweight 134 Positions Relative to BIV

Symbol	Grade	Weight
WIT	C	-0.35%
KOF	D	-0.03%
BWA	C	-0.03%
BMO	B	-0.03%
ESGR	C	-0.03%
BABA	A	-0.03%
XRAY	D	-0.02%
DXC	C	-0.02%
DOX	B	-0.02%
BC	C	-0.02%
CNO	B	-0.02%
CHRW	C	-0.02%
ARCC	A	-0.02%
AAP	F	-0.02%
AMG	B	-0.02%
RL	B	-0.02%
GSK	F	-0.02%
MPLX	B	-0.02%
ET	A	-0.02%
NWG	B	-0.02%
VOD	D	-0.02%
MUFG	D	-0.02%
WTFC	B	-0.01%
SKT	A	-0.01%
REXR	D	-0.01%
SAVE	F	-0.01%
GBDC	B	-0.01%
AXS	A	-0.01%
AVT	B	-0.01%
CMA	C	-0.01%
CBT	B	-0.01%
THG	A	-0.01%
TME	B	-0.01%
NOV	F	-0.01%
OGS	C	-0.01%
KMT	C	-0.01%
KMPR	D	-0.01%
EPRT	C	-0.01%
VNO	B	-0.01%
WU	D	-0.01%
TKR	B	-0.01%
PNW	C	-0.01%
SF	A	-0.01%
PSEC	C	-0.01%
WBS	D	-0.01%
OCSL	D	-0.01%
MCY	B	-0.01%
PDM	C	-0.01%
MP	C	-0.01%
KRG	C	-0.01%
FSK	A	-0.01%
LXP	D	-0.01%
OSK	F	-0.01%
OPI	F	-0.01%
BDN	B	-0.01%
WB	B	-0.01%
ZION	D	-0.01%
VNT	F	-0.01%
R	C	-0.01%
SITC	D	-0.01%
SCS	D	-0.01%
SAFE	C	-0.01%
SON	D	-0.01%
FMC	C	-0.01%
FLS	A	-0.01%
FLO	D	-0.01%
AIZ	B	-0.01%
AGO	B	-0.01%
ARW	C	-0.01%
ADC	C	-0.01%
BKU	D	-0.01%
AAT	C	-0.01%
OGE	C	-0.01%
GP	D	-0.01%
HR	D	-0.01%
HP	D	-0.01%
HIW	C	-0.01%
JD	A	-0.01%
GXO	D	-0.01%
EPR	C	-0.01%
FRT	D	-0.01%
RYN	C	-0.01%
SBRA	C	-0.01%
PRE	D	-0.01%
NHI	C	-0.01%
NEU	F	-0.01%
MHK	C	-0.01%
AYI	A	-0.01%
BNS	C	-0.01%
BKH	C	-0.01%
AAL	D	-0.01%
BERY	C	-0.01%
CP	C	-0.01%
TD	B	-0.01%
SWX	C	-0.01%
VOYA	A	-0.01%
KEX	C	-0.01%
HPP	F	-0.01%
KSS	D	-0.01%
KRC	C	-0.01%
FAF	C	-0.01%
DSS	F	-0.01%
NFG	A	-0.01%
LEG	D	-0.01%
LAZ	C	-0.01%
HUN	B	-0.01%
HRB	C	-0.01%
INGR	B	-0.01%
CUBE	C	-0.01%
AL	D	-0.01%
BIDU	C	-0.01%
VFC	A	-0.01%
NNN	C	-0.01%
LNC	B	-0.01%
LEA	F	-0.01%
GL	C	-0.01%
JEF	A	-0.01%
HAS	A	-0.01%
H	B	-0.01%
CNA	D	-0.01%
BRX	C	-0.01%
CBOE	B	-0.01%
AN	D	-0.01%
AZN	D	-0.01%
AER	C	-0.01%
BHF	D	-0.01%
EQNR	D	-0.01%
PAA	B	-0.01%
OHI	C	-0.01%
WRK	C	-0.01%
WHR	C	-0.01%
EPD	A	-0.01%
DB	A	-0.01%
HSBC	A	-0.01%