ILCB vs. SCHJ ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to HCM Defender 500 Index ETF (SCHJ)

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

$81.82

Average Daily Volume

40,183

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.45

Average Daily Volume

90,843

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	SCHJ
30 Days	1.27%	-0.40%
60 Days	3.94%	-0.83%
90 Days	5.61%	0.38%
12 Months	31.27%	7.03%

329 Overlapping Holdings

	Symbol	Grade	Weight in ILCB	Weight in SCHJ	Overlap
	A	F	0.08%	0.02%	0.02%
	AAPL	C	6.14%	0.04%	0.04%
	ABBV	F	0.66%	0.03%	0.03%
	ABT	A	0.38%	0.02%	0.02%
	ADBE	D	0.41%	0.01%	0.01%
	ADI	D	0.21%	0.02%	0.02%
	ADM	D	0.05%	0.02%	0.02%
	ADP	B	0.23%	0.05%	0.05%
	ADSK	B	0.12%	0.02%	0.02%
	AEE	A	0.05%	0.0%	0.0%
	AEP	C	0.1%	0.01%	0.01%
	AES	F	0.02%	0.0%	0.0%
	AFL	C	0.1%	0.01%	0.01%
	AGR	A	0.0%	0.02%	0.0%
	AIG	C	0.09%	0.04%	0.04%
	ALB	B	0.02%	0.01%	0.01%
	ALL	A	0.1%	0.03%	0.03%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.03%	0.02%
	AMAT	F	0.3%	0.04%	0.04%
	AMCR	D	0.03%	0.03%	0.03%
	AMGN	D	0.33%	0.01%	0.01%
	AMP	A	0.1%	0.02%	0.02%
	AMT	D	0.18%	0.01%	0.01%
	AMZN	B	3.72%	0.04%	0.04%
	AON	B	0.16%	0.02%	0.02%
	APD	A	0.13%	0.02%	0.02%
	APH	B	0.17%	0.0%	0.0%
	APTV	F	0.03%	0.01%	0.01%
	ARE	F	0.03%	0.02%	0.02%
	ATO	A	0.04%	0.05%	0.04%
	AVB	B	0.06%	0.01%	0.01%
	AVGO	C	1.58%	0.02%	0.02%
	AWK	C	0.05%	0.02%	0.02%
	AXP	B	0.31%	0.04%	0.04%
	AZO	C	0.1%	0.0%	0.0%
	BA	D	0.21%	0.01%	0.01%
	BAC	A	0.57%	0.03%	0.03%
	BAX	F	0.03%	0.03%	0.03%
	BDX	F	0.13%	0.05%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.1%	0.05%
	BK	B	0.11%	0.01%	0.01%
	BKNG	A	0.32%	0.02%	0.02%
	BLK	B	0.29%	0.07%	0.07%
	BMY	A	0.21%	0.02%	0.02%
	BR	B	0.05%	0.02%	0.02%
	BRO	B	0.05%	0.01%	0.01%
	BSX	A	0.24%	0.0%	0.0%
	BXP	D	0.02%	0.02%	0.02%
	C	B	0.25%	0.03%	0.03%
	CAG	F	0.03%	0.01%	0.01%
	CAH	B	0.06%	0.02%	0.02%
	CARR	D	0.12%	0.1%	0.1%
	CAT	C	0.36%	0.02%	0.02%
	CB	C	0.2%	0.02%	0.02%
	CCI	C	0.09%	0.01%	0.01%
	CE	F	0.02%	0.03%	0.02%
	CF	A	0.03%	0.02%	0.02%
	CFG	B	0.04%	0.02%	0.02%
	CHD	A	0.05%	0.01%	0.01%
	CHTR	B	0.07%	0.06%	0.06%
	CI	D	0.17%	0.02%	0.02%
	CL	D	0.14%	0.0%	0.0%
	CLX	A	0.04%	0.03%	0.03%
	CMCSA	B	0.32%	0.01%	0.01%
	CME	A	0.15%	0.07%	0.07%
	CMI	A	0.09%	0.0%	0.0%
	CMS	C	0.04%	0.0%	0.0%
	CNH	C	0.02%	0.02%	0.02%
	CNP	A	0.04%	0.02%	0.02%
	COF	B	0.13%	0.01%	0.01%
	COP	B	0.24%	0.09%	0.09%
	COST	A	0.79%	0.0%	0.0%
	CPB	D	0.02%	0.01%	0.01%
	CRM	B	0.56%	0.02%	0.02%
	CSCO	B	0.44%	0.03%	0.03%
	CSL	C	0.04%	0.01%	0.01%
	CSX	C	0.13%	0.01%	0.01%
	CTRA	B	0.03%	0.0%	0.0%
	CTVA	C	0.08%	0.02%	0.02%
	CVS	F	0.13%	0.01%	0.01%
	CVX	A	0.5%	0.02%	0.02%
	D	C	0.09%	0.02%	0.02%
	DAL	A	0.07%	0.02%	0.02%
	DD	D	0.07%	0.09%	0.07%
	DE	C	0.19%	0.0%	0.0%
	DELL	B	0.07%	0.04%	0.04%
	DFS	B	0.08%	0.02%	0.02%
	DG	F	0.03%	0.03%	0.03%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.1%	0.02%	0.02%
	DHR	D	0.3%	0.01%	0.01%
	DIS	B	0.34%	0.04%	0.04%
	DLR	A	0.11%	0.03%	0.03%
	DLTR	F	0.02%	0.05%	0.02%
	DOC	D	0.03%	0.0%	0.0%
	DOV	B	0.05%	0.02%	0.02%
	DOW	F	0.06%	0.04%	0.04%
	DTE	C	0.05%	0.01%	0.01%
	DUK	C	0.17%	0.02%	0.02%
	DVN	F	0.05%	0.02%	0.02%
	EA	A	0.07%	0.03%	0.03%
	EBAY	D	0.06%	0.03%	0.03%
	ED	C	0.06%	0.03%	0.03%
	EFX	F	0.06%	0.01%	0.01%
	EIX	C	0.06%	0.0%	0.0%
	EL	F	0.03%	0.02%	0.02%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.14%	0.03%	0.03%
	EOG	A	0.15%	0.02%	0.02%
	EQH	B	0.02%	0.02%	0.02%
	EQIX	A	0.16%	0.02%	0.02%
	EQR	C	0.05%	0.03%	0.03%
	ES	C	0.04%	0.01%	0.01%
	ESS	A	0.04%	0.0%	0.0%
	ETN	B	0.28%	0.05%	0.05%
	ETR	A	0.06%	0.02%	0.02%
	EVRG	A	0.03%	0.03%	0.03%
	EXC	C	0.07%	0.03%	0.03%
	EXPE	B	0.04%	0.02%	0.02%
	FANG	D	0.06%	0.03%	0.03%
	FCNCA	A	0.05%	0.0%	0.0%
	FDX	B	0.12%	0.04%	0.04%
	FE	C	0.04%	0.01%	0.01%
	FIS	C	0.09%	0.03%	0.03%
	FITB	B	0.06%	0.01%	0.01%
	FLEX	B	0.03%	0.0%	0.0%
	FOXA	B	0.02%	0.04%	0.02%
	FTNT	B	0.11%	0.03%	0.03%
	FTV	D	0.05%	0.03%	0.03%
	GD	D	0.14%	0.02%	0.02%
	GE	D	0.38%	0.03%	0.03%
	GILD	C	0.23%	0.07%	0.07%
	GIS	F	0.07%	0.01%	0.01%
	GLPI	C	0.02%	0.02%	0.02%
	GM	B	0.12%	0.01%	0.01%
	GOOGL	B	1.97%	0.03%	0.03%
	GPN	C	0.05%	0.02%	0.02%
	GS	B	0.36%	0.05%	0.05%
	GWW	B	0.1%	0.03%	0.03%
	HAL	C	0.05%	0.03%	0.03%
	HBAN	B	0.05%	0.02%	0.02%
	HCA	F	0.13%	0.04%	0.04%
	HD	A	0.76%	0.01%	0.01%
	HES	B	0.07%	0.02%	0.02%
	HII	F	0.02%	0.02%	0.02%
	HON	B	0.27%	0.04%	0.04%
	HPE	B	0.05%	0.03%	0.03%
	HPQ	B	0.07%	0.1%	0.07%
	HRL	D	0.02%	0.05%	0.02%
	HST	D	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.01%	0.01%
	HUBB	B	0.05%	0.02%	0.02%
	HUM	D	0.06%	0.01%	0.01%
	IBM	C	0.37%	0.03%	0.03%
	ICE	C	0.17%	0.02%	0.02%
	IFF	D	0.04%	0.03%	0.03%
	ILMN	C	0.05%	0.02%	0.02%
	INTC	C	0.21%	0.02%	0.02%
	INTU	B	0.36%	0.02%	0.02%
	IP	A	0.04%	0.03%	0.03%
	ITW	B	0.15%	0.04%	0.04%
	JBHT	C	0.03%	0.04%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	B	0.11%	0.03%	0.03%
	JNJ	D	0.71%	0.02%	0.02%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	A	1.27%	0.02%	0.02%
	K	B	0.04%	0.02%	0.02%
	KDP	D	0.07%	0.02%	0.02%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.03%	0.03%
	KIM	A	0.03%	0.0%	0.0%
	KLAC	F	0.17%	0.07%	0.07%
	KMB	C	0.09%	0.02%	0.02%
	KMI	A	0.1%	0.01%	0.01%
	KO	D	0.47%	0.05%	0.05%
	KR	B	0.08%	0.02%	0.02%
	L	A	0.03%	0.02%	0.02%
	LDOS	C	0.05%	0.03%	0.03%
	LEN	D	0.08%	0.02%	0.02%
	LEN	D	0.0%	0.02%	0.0%
	LH	B	0.04%	0.02%	0.02%
	LHX	B	0.09%	0.03%	0.03%
	LII	A	0.04%	0.03%	0.03%
	LIN	D	0.42%	0.0%	0.0%
	LLY	F	1.33%	0.02%	0.02%
	LMT	D	0.23%	0.02%	0.02%
	LNT	A	0.03%	0.02%	0.02%
	LOW	C	0.29%	0.01%	0.01%
	LRCX	F	0.19%	0.01%	0.01%
	LUV	B	0.04%	0.04%	0.04%
	LVS	B	0.04%	0.03%	0.03%
	LYB	F	0.04%	0.02%	0.02%
	MA	B	0.81%	0.04%	0.04%
	MAA	A	0.04%	0.01%	0.01%
	MAR	B	0.12%	0.02%	0.02%
	MCD	D	0.41%	0.01%	0.01%
	MCHP	F	0.07%	0.05%	0.05%
	MCK	A	0.15%	0.01%	0.01%
	MCO	D	0.14%	0.02%	0.02%
	MDLZ	F	0.17%	0.03%	0.03%
	MDT	D	0.21%	0.1%	0.1%
	MET	A	0.09%	0.02%	0.02%
	MKC	D	0.04%	0.03%	0.03%
	MLM	B	0.07%	0.04%	0.04%
	MMC	D	0.21%	0.02%	0.02%
	MMM	D	0.14%	0.02%	0.02%
	MO	A	0.17%	0.02%	0.02%
	MOS	D	0.02%	0.04%	0.02%
	MPC	D	0.1%	0.03%	0.03%
	MRK	F	0.49%	0.05%	0.05%
	MRVL	B	0.15%	0.02%	0.02%
	MS	A	0.31%	0.03%	0.03%
	MSFT	D	5.93%	0.05%	0.05%
	MSI	B	0.16%	0.03%	0.03%
	MTB	A	0.07%	0.01%	0.01%
	MU	D	0.23%	0.03%	0.03%
	NDAQ	A	0.06%	0.02%	0.02%
	NEE	C	0.3%	0.0%	0.0%
	NEM	D	0.1%	0.01%	0.01%
	NI	A	0.03%	0.06%	0.03%
	NKE	F	0.17%	0.01%	0.01%
	NOC	D	0.15%	0.04%	0.04%
	NSC	B	0.12%	0.0%	0.0%
	NTAP	C	0.05%	0.02%	0.02%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	D	0.07%	0.02%	0.02%
	NVDA	A	6.61%	0.03%	0.03%
	NXPI	F	0.11%	0.02%	0.02%
	O	C	0.09%	0.01%	0.01%
	OC	A	0.03%	0.02%	0.02%
	OKE	A	0.12%	0.0%	0.0%
	OMC	C	0.04%	0.02%	0.02%
	ORCL	A	0.57%	0.06%	0.06%
	ORLY	B	0.13%	0.02%	0.02%
	OTIS	C	0.08%	0.07%	0.07%
	PCAR	C	0.11%	0.0%	0.0%
	PCG	A	0.08%	0.02%	0.02%
	PEG	C	0.08%	0.02%	0.02%
	PEP	F	0.43%	0.02%	0.02%
	PFE	F	0.29%	0.03%	0.03%
	PFG	C	0.04%	0.02%	0.02%
	PG	C	0.75%	0.02%	0.02%
	PH	B	0.17%	0.04%	0.04%
	PHM	D	0.05%	0.03%	0.03%
	PKG	B	0.04%	0.02%	0.02%
	PM	A	0.37%	0.02%	0.02%
	PNC	B	0.15%	0.02%	0.02%
	PPG	F	0.06%	0.01%	0.01%
	PPL	A	0.05%	0.04%	0.04%
	PRU	B	0.08%	0.01%	0.01%
	PSA	C	0.1%	0.01%	0.01%
	PSX	C	0.1%	0.01%	0.01%
	PYPL	B	0.16%	0.03%	0.03%
	QCOM	F	0.36%	0.02%	0.02%
	RF	A	0.04%	0.05%	0.04%
	RGA	B	0.03%	0.02%	0.02%
	RNR	C	0.03%	0.02%	0.02%
	ROK	B	0.06%	0.02%	0.02%
	ROP	C	0.11%	0.01%	0.01%
	ROST	D	0.09%	0.02%	0.02%
	RPM	B	0.03%	0.02%	0.02%
	RPRX	F	0.02%	0.04%	0.02%
	RS	B	0.03%	0.02%	0.02%
	RSG	A	0.08%	0.01%	0.01%
	RTX	D	0.31%	0.02%	0.02%
	SBUX	A	0.21%	0.04%	0.04%
	SCHW	A	0.2%	0.01%	0.01%
	SHW	C	0.17%	0.02%	0.02%
	SJM	D	0.02%	0.05%	0.02%
	SLB	C	0.12%	0.02%	0.02%
	SNX	D	0.01%	0.03%	0.01%
	SO	C	0.18%	0.0%	0.0%
	SPG	A	0.1%	0.02%	0.02%
	SPGI	D	0.3%	0.04%	0.04%
	SRE	A	0.11%	0.02%	0.02%
	STLD	B	0.04%	0.02%	0.02%
	STT	B	0.05%	0.01%	0.01%
	STZ	D	0.07%	0.02%	0.02%
	SWK	F	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.05%	0.05%
	SYK	A	0.26%	0.02%	0.02%
	SYY	D	0.07%	0.02%	0.02%
	T	A	0.3%	0.01%	0.01%
	TAP	B	0.02%	0.08%	0.02%
	TDY	B	0.04%	0.02%	0.02%
	TEL	C	0.09%	0.03%	0.03%
	TFC	A	0.11%	0.02%	0.02%
	TGT	B	0.13%	0.05%	0.05%
	TJX	A	0.25%	0.02%	0.02%
	TMO	F	0.4%	0.03%	0.03%
	TMUS	B	0.22%	0.06%	0.06%
	TRMB	B	0.03%	0.02%	0.02%
	TSN	B	0.03%	0.02%	0.02%
	TT	A	0.17%	0.03%	0.03%
	TXN	C	0.38%	0.0%	0.0%
	TXT	D	0.03%	0.0%	0.0%
	UAL	A	0.05%	0.02%	0.02%
	UHS	D	0.02%	0.04%	0.02%
	UNH	C	1.07%	0.01%	0.01%
	UNM	A	0.02%	0.02%	0.02%
	UNP	D	0.28%	0.0%	0.0%
	UPS	C	0.18%	0.02%	0.02%
	USB	B	0.15%	0.03%	0.03%
	V	A	0.97%	0.09%	0.09%
	VLO	C	0.08%	0.03%	0.03%
	VMC	B	0.07%	0.03%	0.03%
	VRSK	B	0.08%	0.05%	0.05%
	VRSN	F	0.03%	0.03%	0.03%
	VTR	B	0.05%	0.01%	0.01%
	VZ	C	0.32%	0.02%	0.02%
	WAB	B	0.07%	0.02%	0.02%
	WBA	F	0.01%	0.06%	0.01%
	WEC	A	0.06%	0.02%	0.02%
	WELL	A	0.16%	0.0%	0.0%
	WFC	A	0.45%	0.02%	0.02%
	WLK	F	0.01%	0.04%	0.01%
	WM	B	0.15%	0.02%	0.02%
	WMB	A	0.13%	0.03%	0.03%
	WMT	A	0.69%	0.03%	0.03%
	WPC	C	0.02%	0.02%	0.02%
	XEL	A	0.07%	0.02%	0.02%
	XOM	B	1.01%	0.03%	0.03%
	ZBH	C	0.04%	0.01%	0.01%
	ZTS	D	0.15%	0.02%	0.02%

ILCB Overweight 285 Positions Relative to SCHJ

	Symbol	Grade	Weight
	META	C	2.44%
	GOOG	B	1.77%
	TSLA	A	1.68%
	BRK.A	B	1.57%
	NFLX	A	0.64%
	AMD	F	0.45%
	ACN	C	0.42%
	NOW	B	0.39%
	ISRG	A	0.36%
	PGR	B	0.29%
	UBER	F	0.27%
	VRTX	D	0.25%
	PANW	B	0.24%
	BX	A	0.24%
	FI	A	0.23%
	PLTR	A	0.22%
	PLD	D	0.2%
	KKR	A	0.19%
	ANET	C	0.19%
	GEV	A	0.18%
	ELV	F	0.18%
	REGN	F	0.17%
	MELI	D	0.17%
	SNPS	C	0.16%
	CTAS	B	0.15%
	CMG	C	0.15%
	CDNS	B	0.15%
	TDG	D	0.14%
	CEG	C	0.14%
	CRWD	B	0.14%
	FCX	F	0.13%
	CRH	B	0.13%
	ECL	D	0.12%
	AJG	B	0.12%
	APO	A	0.12%
	TTD	B	0.11%
	ABNB	D	0.11%
	FICO	B	0.11%
	URI	B	0.11%
	TRV	A	0.11%
	APP	A	0.11%
	HLT	A	0.11%
	RCL	A	0.1%
	DASH	A	0.1%
	COIN	A	0.1%
	WDAY	C	0.1%
	VRT	A	0.09%
	VST	A	0.09%
	HWM	A	0.09%
	MSCI	B	0.09%
	LNG	A	0.09%
	MSTR	A	0.09%
	FAST	B	0.09%
	PWR	A	0.09%
	PAYX	B	0.09%
	CPRT	B	0.09%
	EW	C	0.08%
	IQV	F	0.08%
	CTSH	C	0.08%
	KVUE	A	0.08%
	CBRE	B	0.08%
	SQ	A	0.08%
	IR	B	0.08%
	IT	C	0.08%
	COR	B	0.08%
	TRGP	A	0.08%
	FERG	C	0.08%
	F	C	0.08%
	BKR	B	0.08%
	ODFL	B	0.08%
	AXON	A	0.08%
	AME	A	0.08%
	HIG	B	0.07%
	ALNY	D	0.07%
	VEEV	C	0.07%
	IRM	C	0.07%
	EXR	C	0.07%
	MPWR	F	0.07%
	IDXX	F	0.07%
	DDOG	A	0.07%
	RMD	C	0.07%
	TEAM	A	0.07%
	GLW	B	0.07%
	MNST	C	0.07%
	ACGL	D	0.07%
	YUM	D	0.07%
	SNOW	C	0.07%
	TTWO	A	0.06%
	ANSS	B	0.06%
	XYL	D	0.06%
	RJF	A	0.06%
	ON	F	0.06%
	TSCO	D	0.06%
	CSGP	F	0.06%
	CNC	F	0.06%
	OXY	F	0.06%
	ARES	A	0.06%
	VICI	C	0.06%
	GRMN	B	0.06%
	WTW	B	0.06%
	HUBS	B	0.06%
	GEHC	D	0.06%
	LULU	C	0.06%
	SBAC	D	0.05%
	CCL	A	0.05%
	EME	A	0.05%
	VLTO	C	0.05%
	CPAY	A	0.05%
	TROW	B	0.05%
	SW	A	0.05%
	TYL	B	0.05%
	CDW	F	0.05%
	NVR	D	0.05%
	DECK	A	0.05%
	TPL	A	0.05%
	RBLX	B	0.05%
	NET	B	0.05%
	DXCM	C	0.05%
	MTD	F	0.05%
	CPNG	D	0.05%
	KHC	F	0.05%
	ULTA	F	0.04%
	EXE	A	0.04%
	J	D	0.04%
	WSO	A	0.04%
	SNA	B	0.04%
	BALL	D	0.04%
	INVH	D	0.04%
	MOH	F	0.04%
	DKNG	B	0.04%
	ZM	B	0.04%
	FSLR	F	0.04%
	NRG	B	0.04%
	DRI	C	0.04%
	ZBRA	B	0.04%
	COO	D	0.04%
	WBD	B	0.04%
	TRU	D	0.04%
	MDB	C	0.04%
	MKL	A	0.04%
	STX	D	0.04%
	BLDR	D	0.04%
	STE	D	0.04%
	WDC	F	0.04%
	WAT	C	0.04%
	CINF	A	0.04%
	PTC	B	0.04%
	WY	D	0.04%
	EQT	A	0.04%
	BAH	D	0.04%
	LPLA	A	0.04%
	WST	D	0.04%
	GDDY	A	0.04%
	UDR	C	0.03%
	CLH	C	0.03%
	PFGC	B	0.03%
	NDSN	D	0.03%
	AKAM	F	0.03%
	INCY	C	0.03%
	FFIV	B	0.03%
	POOL	D	0.03%
	SAIA	C	0.03%
	DT	C	0.03%
	GGG	B	0.03%
	ROL	B	0.03%
	RVTY	D	0.03%
	ACM	B	0.03%
	TW	A	0.03%
	AVTR	F	0.03%
	USFD	A	0.03%
	TWLO	A	0.03%
	CASY	A	0.03%
	SUI	C	0.03%
	HOOD	A	0.03%
	WSM	D	0.03%
	MRNA	F	0.03%
	UTHR	C	0.03%
	EG	D	0.03%
	HEI	A	0.03%
	VTRS	A	0.03%
	ENTG	F	0.03%
	MRO	A	0.03%
	THC	C	0.03%
	DOCU	B	0.03%
	TOL	B	0.03%
	PSTG	F	0.03%
	DPZ	C	0.03%
	AVY	D	0.03%
	SSNC	C	0.03%
	ALGN	D	0.03%
	NTRA	A	0.03%
	FIX	A	0.03%
	BURL	A	0.03%
	EXPD	D	0.03%
	GEN	B	0.03%
	PNR	B	0.03%
	FWONK	B	0.03%
	NTNX	B	0.03%
	GPC	F	0.03%
	TER	F	0.03%
	MANH	D	0.03%
	IEX	B	0.03%
	PINS	F	0.03%
	BBY	D	0.03%
	XPO	B	0.03%
	MAS	D	0.03%
	ZS	B	0.03%
	IBKR	A	0.03%
	FDS	B	0.03%
	HOLX	D	0.03%
	LYV	A	0.03%
	PODD	B	0.03%
	WRB	B	0.03%
	APA	F	0.02%
	WYNN	D	0.02%
	MGM	D	0.02%
	AR	B	0.02%
	AOS	F	0.02%
	ENPH	F	0.02%
	MEDP	D	0.02%
	TFX	F	0.02%
	EXAS	D	0.02%
	MORN	B	0.02%
	WMS	F	0.02%
	WTRG	B	0.02%
	WING	D	0.02%
	SOLV	F	0.02%
	LKQ	F	0.02%
	AFG	A	0.02%
	FND	F	0.02%
	CHDN	C	0.02%
	ERIE	F	0.02%
	HEI	A	0.02%
	CRL	D	0.02%
	SRPT	F	0.02%
	BJ	B	0.02%
	NWSA	B	0.02%
	IPG	F	0.02%
	PAYC	B	0.02%
	CCK	D	0.02%
	CG	B	0.02%
	OVV	C	0.02%
	LW	C	0.02%
	AMH	C	0.02%
	RRX	B	0.02%
	TECH	F	0.02%
	KMX	C	0.02%
	DKS	D	0.02%
	BLD	F	0.02%
	SMCI	F	0.02%
	TTEK	F	0.02%
	REG	A	0.02%
	LECO	C	0.02%
	OKTA	D	0.02%
	NVT	C	0.02%
	BMRN	F	0.02%
	DAY	B	0.02%
	ELS	B	0.02%
	CPT	C	0.02%
	SCI	A	0.02%
	NBIX	C	0.02%
	SNAP	D	0.02%
	JKHY	D	0.02%
	FNF	A	0.02%
	EPAM	C	0.02%
	COTY	F	0.01%
	PAG	B	0.01%
	NWS	A	0.01%
	CELH	F	0.01%
	BRKR	F	0.01%
	FOX	A	0.01%
	U	F	0.01%
	PCOR	C	0.01%
	SIRI	D	0.01%
	BSY	D	0.01%
	UHAL	D	0.01%
	QRVO	F	0.01%
	AZPN	A	0.01%
	DINO	D	0.01%
	DVA	C	0.01%
	ACI	C	0.01%
	CNM	C	0.01%
	UHAL	D	0.0%
	FWONA	B	0.0%
	ALAB	B	0.0%

ILCB Underweight 108 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BABA	D	-0.09%
	STLA	F	-0.07%
	SF	B	-0.05%
	BERY	D	-0.05%
	DXC	D	-0.04%
	CMA	B	-0.04%
	BHP	F	-0.04%
	VFC	C	-0.04%
	JEF	A	-0.04%
	GSK	F	-0.04%
	TPR	B	-0.03%
	FAF	C	-0.03%
	HP	C	-0.03%
	THG	A	-0.03%
	BWA	D	-0.03%
	KMPR	A	-0.03%
	HAS	D	-0.03%
	MAIN	A	-0.03%
	RL	C	-0.03%
	GP	F	-0.03%
	ORI	A	-0.03%
	TME	F	-0.03%
	BC	D	-0.03%
	AN	D	-0.03%
	MHK	D	-0.03%
	WB	C	-0.03%
	FRT	B	-0.03%
	OPI	F	-0.03%
	JD	D	-0.03%
	AWH	F	-0.03%
	PVH	C	-0.03%
	JHG	B	-0.03%
	VNT	C	-0.03%
	BKU	A	-0.03%
	CNO	B	-0.03%
	AVT	C	-0.03%
	EPD	A	-0.03%
	ARCC	A	-0.03%
	BIDU	F	-0.03%
	HSBC	A	-0.03%
	TSLX	C	-0.02%
	TCPC	C	-0.02%
	FNB	B	-0.02%
	VLY	B	-0.02%
	SNV	B	-0.02%
	WAL	B	-0.02%
	AIZ	A	-0.02%
	LEG	F	-0.02%
	KSS	F	-0.02%
	SBRA	B	-0.02%
	OCSL	F	-0.02%
	GXO	B	-0.02%
	HTGC	D	-0.02%
	NEU	D	-0.02%
	BCSF	A	-0.02%
	PSEC	D	-0.02%
	AGO	A	-0.02%
	KRC	C	-0.02%
	TKR	F	-0.02%
	PNW	B	-0.02%
	G	B	-0.02%
	HRB	D	-0.02%
	GBDC	B	-0.02%
	FHN	A	-0.02%
	LNC	B	-0.02%
	HOG	F	-0.02%
	LAZ	B	-0.02%
	GSBD	F	-0.02%
	BKH	A	-0.02%
	VOYA	B	-0.02%
	SLG	B	-0.02%
	H	B	-0.02%
	CNA	C	-0.02%
	NNN	C	-0.02%
	R	B	-0.02%
	SITC	D	-0.02%
	CM	A	-0.02%
	AL	B	-0.02%
	VOD	D	-0.02%
	AER	B	-0.02%
	BNS	A	-0.02%
	DB	D	-0.02%
	RY	B	-0.02%
	MUFG	A	-0.02%
	NWG	B	-0.02%
	VNO	C	-0.01%
	PDM	D	-0.01%
	ARW	F	-0.01%
	OGE	A	-0.01%
	OHI	B	-0.01%
	CP	F	-0.01%
	WEST	C	-0.01%
	AMG	C	-0.01%
	OGS	A	-0.01%
	PAA	B	-0.01%
	NFG	A	-0.01%
	BMO	A	-0.01%
	TD	D	-0.01%
	AZN	F	-0.01%
	SCCO	F	-0.0%
	WHR	B	-0.0%
	CUBE	C	-0.0%
	BDN	C	-0.0%
	BRX	A	-0.0%
	WU	F	-0.0%
	IVZ	C	-0.0%
	FSK	A	-0.0%
	MPLX	A	-0.0%

ILCB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Utilities - Regulated Electric Semiconductors Oil & Gas E&P Asset Management Specialty Retail Biotechnology Capital Markets Software - Infrastructure Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Aerospace Chemical Medicine Telecommunications Real Estate Investment Trust Semiconductor Bank Cloud Computing Mining Banking Insurance Products Mobile Devices

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

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