IUSV vs. VCLT ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Vanguard Long-Term Corporate Bond ETF (VCLT)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$96.81

Average Daily Volume

516,597

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

VCLT

Vanguard Long-Term Corporate Bond ETF

VCLT Description

The investment seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 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 greater than 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

$77.00

Average Daily Volume

2,395,568

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	VCLT
30 Days	-0.45%	-2.04%
60 Days	2.56%	-4.97%
90 Days	5.01%	-3.23%
12 Months	24.77%	9.24%

288 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in VCLT	Overlap
AAL	B	0.04%	0.03%	0.03%
ABBV	F	0.83%	0.03%	0.03%
ABT	A	0.87%	0.03%	0.03%
ADC	A	0.03%	0.01%	0.01%
ADI	D	0.19%	0.02%	0.02%
ADM	D	0.11%	0.01%	0.01%
AEE	A	0.1%	0.01%	0.01%
AEP	C	0.22%	0.01%	0.01%
AES	F	0.04%	0.01%	0.01%
AFG	A	0.05%	0.02%	0.02%
AFL	C	0.24%	0.02%	0.02%
AIG	C	0.21%	0.01%	0.01%
AJG	B	0.14%	0.02%	0.02%
ALB	B	0.05%	0.01%	0.01%
ALL	A	0.23%	0.01%	0.01%
ALLY	C	0.04%	0.03%	0.03%
AMGN	D	0.7%	0.01%	0.01%
AMH	C	0.02%	0.01%	0.01%
AMT	D	0.23%	0.03%	0.03%
AON	B	0.17%	0.01%	0.01%
APD	A	0.31%	0.03%	0.03%
APTV	F	0.06%	0.01%	0.01%
ARE	F	0.07%	0.01%	0.01%
ATO	A	0.1%	0.01%	0.01%
AVB	B	0.14%	0.01%	0.01%
AVY	D	0.07%	0.02%	0.02%
AWK	C	0.11%	0.01%	0.01%
AXP	B	0.21%	0.06%	0.06%
BA	D	0.25%	0.01%	0.01%
BAC	A	1.35%	0.02%	0.02%
BAX	F	0.07%	0.02%	0.02%
BDX	F	0.29%	0.01%	0.01%
BEN	C	0.03%	0.01%	0.01%
BHF	C	0.01%	0.04%	0.01%
BIIB	F	0.11%	0.05%	0.05%
BKH	A	0.02%	0.01%	0.01%
BMY	A	0.52%	0.03%	0.03%
BSX	A	0.25%	0.01%	0.01%
BWA	D	0.03%	0.01%	0.01%
BXP	D	0.05%	0.01%	0.01%
C	B	0.57%	0.01%	0.01%
CAG	F	0.06%	0.05%	0.05%
CAH	B	0.13%	0.01%	0.01%
CARR	D	0.14%	0.06%	0.06%
CAT	C	0.34%	0.01%	0.01%
CB	C	0.47%	0.03%	0.03%
CCI	C	0.2%	0.02%	0.02%
CF	A	0.03%	0.03%	0.03%
CFG	B	0.09%	0.03%	0.03%
CHD	A	0.06%	0.02%	0.02%
CHTR	B	0.09%	0.03%	0.03%
CI	D	0.4%	0.02%	0.02%
CINF	A	0.1%	0.02%	0.02%
CL	D	0.2%	0.02%	0.02%
CMCSA	B	0.73%	0.01%	0.01%
CME	A	0.22%	0.03%	0.03%
CMI	A	0.22%	0.02%	0.02%
CMS	C	0.09%	0.01%	0.01%
CNP	A	0.09%	0.01%	0.01%
COP	B	0.18%	0.02%	0.02%
COST	A	1.04%	0.06%	0.06%
CPB	D	0.04%	0.02%	0.02%
CPT	C	0.06%	0.03%	0.03%
CSCO	B	1.02%	0.07%	0.07%
CSX	C	0.15%	0.01%	0.01%
CVS	F	0.3%	0.01%	0.01%
CVX	A	1.2%	0.02%	0.02%
D	C	0.21%	0.01%	0.01%
DD	D	0.15%	0.07%	0.07%
DE	C	0.19%	0.02%	0.02%
DELL	B	0.08%	0.11%	0.08%
DG	F	0.07%	0.03%	0.03%
DHR	D	0.67%	0.02%	0.02%
DIS	B	0.87%	0.01%	0.01%
DOC	D	0.07%	0.01%	0.01%
DOV	B	0.12%	0.01%	0.01%
DOW	F	0.14%	0.02%	0.02%
DRI	C	0.04%	0.01%	0.01%
DTE	C	0.11%	0.01%	0.01%
DUK	C	0.37%	0.01%	0.01%
DVN	F	0.11%	0.03%	0.03%
EA	A	0.1%	0.01%	0.01%
EBAY	D	0.13%	0.03%	0.03%
ECL	D	0.13%	0.02%	0.02%
ED	C	0.14%	0.01%	0.01%
EG	D	0.07%	0.02%	0.02%
EIX	C	0.14%	0.01%	0.01%
EL	F	0.07%	0.01%	0.01%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.32%	0.01%	0.01%
EOG	A	0.11%	0.01%	0.01%
EQH	B	0.01%	0.09%	0.01%
EQIX	A	0.2%	0.01%	0.01%
EQR	C	0.11%	0.01%	0.01%
ES	C	0.1%	0.02%	0.02%
ESS	A	0.08%	0.01%	0.01%
ETN	B	0.24%	0.01%	0.01%
ETR	A	0.14%	0.01%	0.01%
EVRG	A	0.06%	0.01%	0.01%
EXC	C	0.17%	0.01%	0.01%
EXR	C	0.15%	0.01%	0.01%
FDX	B	0.29%	0.01%	0.01%
FE	C	0.09%	0.02%	0.02%
FIS	C	0.21%	0.02%	0.02%
FITB	B	0.14%	0.07%	0.07%
FMC	D	0.03%	0.02%	0.02%
FNF	A	0.07%	0.01%	0.01%
FOXA	B	0.05%	0.07%	0.05%
FRT	B	0.04%	0.01%	0.01%
GD	D	0.33%	0.01%	0.01%
GE	D	0.48%	0.02%	0.02%
GILD	C	0.5%	0.02%	0.02%
GIS	F	0.16%	0.01%	0.01%
GLW	B	0.16%	0.01%	0.01%
GM	B	0.28%	0.01%	0.01%
GPN	C	0.13%	0.04%	0.04%
GS	B	0.81%	0.01%	0.01%
GWW	B	0.06%	0.02%	0.02%
HAL	C	0.12%	0.02%	0.02%
HAS	D	0.04%	0.01%	0.01%
HCA	F	0.15%	0.06%	0.06%
HD	A	1.11%	0.01%	0.01%
HIG	B	0.15%	0.01%	0.01%
HOG	F	0.02%	0.02%	0.02%
HON	B	0.66%	0.01%	0.01%
HPE	B	0.12%	0.04%	0.04%
HPQ	B	0.16%	0.06%	0.06%
HRL	D	0.04%	0.02%	0.02%
HSY	F	0.07%	0.01%	0.01%
HUM	D	0.15%	0.01%	0.01%
IBM	C	0.84%	0.02%	0.02%
ICE	C	0.39%	0.02%	0.02%
IDA	A	0.02%	0.01%	0.01%
IFF	D	0.1%	0.01%	0.01%
INGR	B	0.03%	0.01%	0.01%
INTC	C	0.47%	0.03%	0.03%
IP	A	0.09%	0.01%	0.01%
IPG	F	0.05%	0.01%	0.01%
ITW	B	0.17%	0.03%	0.03%
IVZ	C	0.03%	0.02%	0.02%
JCI	B	0.25%	0.01%	0.01%
JEF	A	0.05%	0.01%	0.01%
JNJ	D	1.6%	0.02%	0.02%
JNPR	D	0.06%	0.04%	0.04%
JPM	A	3.01%	0.01%	0.01%
K	B	0.09%	0.02%	0.02%
KDP	D	0.16%	0.01%	0.01%
KIM	A	0.07%	0.01%	0.01%
KMB	C	0.19%	0.01%	0.01%
KMI	A	0.23%	0.01%	0.01%
KO	D	0.65%	0.01%	0.01%
KR	B	0.17%	0.01%	0.01%
KRC	C	0.02%	0.01%	0.01%
L	A	0.07%	0.04%	0.04%
LEA	F	0.02%	0.03%	0.02%
LH	B	0.09%	0.03%	0.03%
LHX	B	0.21%	0.02%	0.02%
LIN	D	0.46%	0.04%	0.04%
LMT	D	0.5%	0.01%	0.01%
LNT	A	0.07%	0.01%	0.01%
LOW	C	0.67%	0.01%	0.01%
LYB	F	0.09%	0.01%	0.01%
MA	B	0.53%	0.02%	0.02%
MAA	A	0.08%	0.01%	0.01%
MAS	D	0.03%	0.01%	0.01%
MCD	D	0.52%	0.01%	0.01%
MCO	D	0.17%	0.02%	0.02%
MDLZ	F	0.22%	0.03%	0.03%
MDT	D	0.48%	0.08%	0.08%
MET	A	0.21%	0.02%	0.02%
MKC	D	0.08%	0.02%	0.02%
MLM	B	0.05%	0.03%	0.03%
MMC	D	0.23%	0.01%	0.01%
MMM	D	0.32%	0.01%	0.01%
MO	A	0.41%	0.01%	0.01%
MOS	D	0.04%	0.02%	0.02%
MPC	D	0.1%	0.02%	0.02%
MRK	F	0.65%	0.01%	0.01%
MRO	A	0.03%	0.01%	0.01%
MS	A	0.72%	0.05%	0.05%
MSI	B	0.15%	0.02%	0.02%
NDAQ	A	0.14%	0.02%	0.02%
NEE	C	0.68%	0.01%	0.01%
NEM	D	0.2%	0.04%	0.04%
NI	A	0.07%	0.02%	0.02%
NKE	F	0.23%	0.01%	0.01%
NNN	C	0.02%	0.01%	0.01%
NOC	D	0.3%	0.02%	0.02%
NOV	D	0.03%	0.03%	0.03%
NSC	B	0.26%	0.01%	0.01%
NUE	D	0.06%	0.01%	0.01%
NWE	C	0.01%	0.02%	0.01%
NXPI	F	0.06%	0.04%	0.04%
O	C	0.21%	0.02%	0.02%
OGE	A	0.04%	0.01%	0.01%
OGS	A	0.02%	0.02%	0.02%
OHI	B	0.03%	0.03%	0.03%
OKE	A	0.1%	0.01%	0.01%
ORI	A	0.04%	0.03%	0.03%
OTIS	C	0.11%	0.02%	0.02%
PCG	A	0.2%	0.01%	0.01%
PEG	C	0.19%	0.01%	0.01%
PEP	F	0.63%	0.02%	0.02%
PFE	F	0.64%	0.02%	0.02%
PFG	C	0.08%	0.01%	0.01%
PG	C	1.05%	0.01%	0.01%
PGR	B	0.33%	0.01%	0.01%
PH	B	0.09%	0.02%	0.02%
PKG	B	0.09%	0.03%	0.03%
PLD	D	0.46%	0.01%	0.01%
PM	A	0.55%	0.02%	0.02%
PNW	B	0.04%	0.01%	0.01%
PPL	A	0.11%	0.01%	0.01%
PRU	B	0.2%	0.01%	0.01%
PSX	C	0.24%	0.03%	0.03%
PWR	A	0.06%	0.02%	0.02%
PYPL	B	0.38%	0.03%	0.03%
QCOM	F	0.38%	0.02%	0.02%
REG	A	0.05%	0.01%	0.01%
REGN	F	0.15%	0.02%	0.02%
RF	A	0.11%	0.01%	0.01%
RJF	A	0.13%	0.03%	0.03%
ROK	B	0.07%	0.02%	0.02%
RPM	B	0.03%	0.03%	0.03%
RSG	A	0.08%	0.01%	0.01%
RTX	D	0.69%	0.02%	0.02%
SBRA	B	0.02%	0.02%	0.02%
SBUX	A	0.2%	0.01%	0.01%
SCHW	A	0.52%	0.02%	0.02%
SHW	C	0.2%	0.01%	0.01%
SIGI	B	0.01%	0.01%	0.01%
SJM	D	0.05%	0.01%	0.01%
SNA	B	0.05%	0.01%	0.01%
SO	C	0.41%	0.01%	0.01%
SPG	A	0.15%	0.01%	0.01%
SPGI	D	0.4%	0.03%	0.03%
SRE	A	0.25%	0.01%	0.01%
STE	D	0.04%	0.03%	0.03%
STLD	B	0.03%	0.02%	0.02%
STZ	D	0.17%	0.02%	0.02%
SWK	F	0.06%	0.02%	0.02%
SWX	A	0.02%	0.01%	0.01%
SYK	A	0.21%	0.02%	0.02%
SYY	D	0.16%	0.01%	0.01%
T	A	0.7%	0.01%	0.01%
TAP	B	0.05%	0.05%	0.05%
TEL	C	0.12%	0.02%	0.02%
TGT	B	0.31%	0.02%	0.02%
TJX	A	0.21%	0.04%	0.04%
TMO	F	0.55%	0.01%	0.01%
TMUS	B	0.51%	0.03%	0.03%
TRV	A	0.26%	0.01%	0.01%
TSN	B	0.08%	0.02%	0.02%
TT	A	0.13%	0.01%	0.01%
TXN	C	0.52%	0.02%	0.02%
UAL	A	0.13%	0.01%	0.01%
UDR	C	0.06%	0.01%	0.01%
UNH	C	1.48%	0.01%	0.01%
UNM	A	0.04%	0.01%	0.01%
UNP	D	0.34%	0.01%	0.01%
UPS	C	0.42%	0.02%	0.02%
V	A	0.77%	0.02%	0.02%
VLO	C	0.2%	0.03%	0.03%
VMC	B	0.06%	0.01%	0.01%
VMI	B	0.03%	0.02%	0.02%
VOYA	B	0.02%	0.01%	0.01%
VRSK	B	0.08%	0.02%	0.02%
VTR	B	0.11%	0.01%	0.01%
VTRS	A	0.07%	0.03%	0.03%
VZ	C	0.75%	0.01%	0.01%
WBA	F	0.03%	0.04%	0.03%
WEC	A	0.13%	0.01%	0.01%
WELL	A	0.34%	0.01%	0.01%
WFC	A	1.08%	0.01%	0.01%
WHR	B	0.03%	0.02%	0.02%
WM	B	0.19%	0.03%	0.03%
WMB	A	0.18%	0.01%	0.01%
WMT	A	1.6%	0.02%	0.02%
WPC	C	0.05%	0.02%	0.02%
WRB	B	0.08%	0.01%	0.01%
WTRG	B	0.02%	0.02%	0.02%
WU	F	0.01%	0.03%	0.01%
WY	D	0.1%	0.07%	0.07%
XEL	A	0.17%	0.01%	0.01%
XOM	B	2.34%	0.02%	0.02%
XYL	D	0.13%	0.02%	0.02%
ZBH	C	0.1%	0.02%	0.02%
ZTS	D	0.16%	0.01%	0.01%

IUSV Overweight 440 Positions Relative to VCLT

Symbol	Grade	Weight
BRK.A	B	3.74%
BLK	B	0.64%
MU	D	0.48%
ACN	C	0.46%
ELV	F	0.41%
PNC	B	0.36%
MCK	A	0.35%
USB	B	0.34%
ADP	B	0.33%
COF	B	0.31%
ISRG	A	0.28%
SLB	C	0.27%
TFC	A	0.27%
FI	A	0.26%
BK	B	0.25%
GEV	A	0.22%
VRTX	D	0.2%
KVUE	A	0.2%
COR	B	0.19%
BKR	B	0.19%
F	C	0.19%
GEHC	D	0.17%
A	F	0.17%
APH	B	0.17%
CEG	C	0.17%
CTVA	C	0.17%
CBRE	B	0.17%
CTSH	C	0.17%
MTB	A	0.16%
BX	A	0.16%
CTAS	B	0.15%
RMD	C	0.15%
OXY	F	0.15%
WAB	B	0.15%
ROP	C	0.15%
FCX	F	0.14%
ADSK	B	0.14%
WTW	B	0.14%
DLR	A	0.14%
VICI	C	0.14%
PPG	F	0.13%
ABNB	D	0.13%
PSA	C	0.13%
CNC	F	0.13%
TROW	B	0.12%
KEYS	C	0.12%
PAYX	B	0.12%
KHC	F	0.12%
STT	B	0.12%
SW	A	0.11%
EW	C	0.11%
VLTO	C	0.11%
EQT	A	0.11%
HBAN	B	0.11%
SYF	B	0.11%
AMP	A	0.11%
WBD	B	0.1%
TDY	B	0.1%
ILMN	C	0.1%
LDOS	C	0.1%
AME	A	0.1%
FAST	B	0.1%
HWM	A	0.09%
EXE	A	0.09%
EFX	F	0.09%
DFS	B	0.09%
ZBRA	B	0.09%
OMC	C	0.09%
MSCI	B	0.09%
CLX	A	0.09%
WDC	F	0.09%
YUM	D	0.09%
FSLR	F	0.09%
NTRS	A	0.09%
IQV	F	0.09%
TRMB	B	0.08%
TSCO	D	0.08%
TER	F	0.08%
GPC	F	0.08%
IEX	B	0.08%
DGX	A	0.08%
CSGP	F	0.08%
J	D	0.08%
KEY	B	0.08%
BBY	D	0.08%
HOLX	D	0.08%
LEN	D	0.08%
DAL	A	0.08%
NRG	B	0.08%
BALL	D	0.08%
INVH	D	0.08%
ORLY	B	0.08%
LUV	B	0.08%
GRMN	B	0.07%
RGA	B	0.07%
NTAP	C	0.07%
IDXX	F	0.07%
COHR	B	0.07%
THC	C	0.07%
MNST	C	0.07%
ON	F	0.07%
PCAR	C	0.07%
MTD	F	0.07%
TXT	D	0.07%
USFD	A	0.07%
GEN	B	0.07%
IRM	C	0.07%
DOCU	B	0.07%
AZO	C	0.07%
JKHY	D	0.06%
ANSS	B	0.06%
HUBB	B	0.06%
CHRW	B	0.06%
DLTR	F	0.06%
MRNA	F	0.06%
TPR	B	0.06%
SWKS	F	0.06%
PFGC	B	0.06%
CDW	F	0.06%
NDSN	D	0.06%
SBAC	D	0.06%
FFIV	B	0.06%
WAT	C	0.06%
RVTY	D	0.06%
MCHP	F	0.06%
AMCR	D	0.06%
JBHT	C	0.06%
TTWO	A	0.06%
GME	C	0.05%
AA	A	0.05%
EXPD	D	0.05%
CTLT	D	0.05%
FHN	A	0.05%
NWSA	B	0.05%
AIZ	A	0.05%
TECH	F	0.05%
PODD	B	0.05%
BR	B	0.05%
BJ	B	0.05%
DXCM	C	0.05%
RRX	B	0.05%
COO	D	0.05%
SF	B	0.05%
UHS	D	0.05%
STX	D	0.05%
KMX	C	0.05%
INCY	C	0.05%
JLL	D	0.05%
BG	D	0.05%
VRSN	F	0.04%
SNV	B	0.04%
MTCH	F	0.04%
X	C	0.04%
SSB	B	0.04%
AVTR	F	0.04%
EPAM	C	0.04%
SFM	A	0.04%
HSIC	C	0.04%
MTZ	A	0.04%
GPK	D	0.04%
TPL	A	0.04%
ZION	B	0.04%
WTFC	B	0.04%
FLR	B	0.04%
SNX	D	0.04%
AR	B	0.04%
TFX	F	0.04%
XPO	B	0.04%
DPZ	C	0.04%
KNX	B	0.04%
GMED	A	0.04%
PTC	B	0.04%
WCC	B	0.04%
CNH	C	0.04%
UTHR	C	0.04%
SOLV	F	0.04%
IR	B	0.04%
NLY	C	0.04%
GL	C	0.04%
LAD	B	0.04%
FDS	B	0.04%
MKTX	D	0.04%
WBS	A	0.04%
CRL	D	0.04%
ARMK	C	0.04%
LKQ	F	0.04%
BRO	B	0.03%
THO	C	0.03%
FOX	A	0.03%
JHG	B	0.03%
KRG	A	0.03%
FNB	B	0.03%
THG	A	0.03%
PVH	C	0.03%
LITE	B	0.03%
POOL	D	0.03%
RNR	C	0.03%
CIEN	B	0.03%
SCI	A	0.03%
ESNT	D	0.03%
ULTA	F	0.03%
ARW	F	0.03%
STWD	C	0.03%
QRVO	F	0.03%
PAYC	B	0.03%
HR	C	0.03%
GBCI	B	0.03%
CTRA	B	0.03%
DAR	B	0.03%
COLB	B	0.03%
KD	A	0.03%
LVS	B	0.03%
EWBC	A	0.03%
BIO	C	0.03%
JBL	C	0.03%
PARA	D	0.03%
FAF	C	0.03%
CACI	C	0.03%
BURL	A	0.03%
CMC	B	0.03%
DINO	D	0.03%
VNO	C	0.03%
CCL	A	0.03%
ALGN	D	0.03%
ONB	B	0.03%
AKAM	F	0.03%
OSK	C	0.03%
TMHC	B	0.03%
R	B	0.03%
MHK	D	0.03%
MOH	F	0.03%
G	B	0.03%
BERY	D	0.03%
CBOE	C	0.03%
GLPI	C	0.03%
ALLE	D	0.03%
FYBR	C	0.03%
HII	F	0.03%
ACM	B	0.03%
IBKR	A	0.03%
PB	A	0.03%
ROL	B	0.03%
CYTK	D	0.02%
CNM	C	0.02%
CZR	F	0.02%
PII	F	0.02%
GATX	B	0.02%
DTM	A	0.02%
FR	C	0.02%
XRAY	D	0.02%
NWS	A	0.02%
PRGO	C	0.02%
MIDD	D	0.02%
ALE	A	0.02%
MAT	D	0.02%
ASH	F	0.02%
RL	C	0.02%
CGNX	D	0.02%
MKSI	C	0.02%
LW	C	0.02%
SR	A	0.02%
DCI	B	0.02%
MTG	D	0.02%
HQY	A	0.02%
ASB	B	0.02%
SEIC	B	0.02%
ASGN	F	0.02%
TXNM	A	0.02%
CNO	B	0.02%
TCBI	B	0.02%
FLS	A	0.02%
ORA	B	0.02%
ERIE	F	0.02%
SAIC	F	0.02%
SLGN	A	0.02%
KBR	F	0.02%
KMPR	A	0.02%
TTC	F	0.02%
AN	D	0.02%
FLO	D	0.02%
RGLD	C	0.02%
KEX	B	0.02%
M	D	0.02%
GNRC	B	0.02%
BRBR	A	0.02%
TKO	A	0.02%
JAZZ	C	0.02%
AVNT	B	0.02%
CUZ	B	0.02%
IRT	A	0.02%
LAMR	D	0.02%
ATR	B	0.02%
AVT	C	0.02%
VLY	B	0.02%
ELS	B	0.02%
CUBE	C	0.02%
POR	C	0.02%
NJR	A	0.02%
BRX	A	0.02%
CW	B	0.02%
HST	D	0.02%
SON	F	0.02%
ST	F	0.02%
WAL	B	0.02%
AYI	B	0.02%
GAP	D	0.02%
BDC	B	0.02%
CBSH	A	0.02%
UGI	C	0.02%
NXST	C	0.02%
POST	C	0.02%
CFR	B	0.02%
DAY	B	0.02%
UMBF	B	0.02%
ENPH	F	0.02%
PNR	B	0.02%
DKS	D	0.02%
BMRN	F	0.02%
UBSI	B	0.02%
NFG	A	0.02%
CLF	F	0.02%
EHC	B	0.02%
PNFP	B	0.02%
AMG	C	0.02%
CG	B	0.02%
REXR	F	0.02%
FBIN	F	0.02%
HOMB	A	0.02%
AGCO	F	0.02%
CCK	D	0.02%
UA	C	0.01%
HGV	C	0.01%
TNL	B	0.01%
IPGP	D	0.01%
YETI	D	0.01%
CPRI	F	0.01%
EPR	D	0.01%
MMS	D	0.01%
PSN	C	0.01%
NSP	F	0.01%
BLKB	B	0.01%
VC	F	0.01%
WEN	C	0.01%
NSA	C	0.01%
COLM	B	0.01%
KNF	B	0.01%
TEX	D	0.01%
SAM	C	0.01%
GEF	B	0.01%
AMED	F	0.01%
SYNA	D	0.01%
POWI	D	0.01%
OPCH	F	0.01%
LIVN	D	0.01%
CHH	A	0.01%
MSM	D	0.01%
HAE	C	0.01%
VSH	F	0.01%
IRDM	F	0.01%
UAA	C	0.01%
DLB	F	0.01%
CNXC	F	0.01%
VNOM	A	0.01%
CADE	B	0.01%
LFUS	D	0.01%
LANC	D	0.01%
ROIV	D	0.01%
CRI	F	0.01%
CHX	C	0.01%
CBT	C	0.01%
PPC	B	0.01%
ALGM	F	0.01%
SRPT	F	0.01%
EEFT	C	0.01%
CDP	C	0.01%
ALTM	C	0.01%
SMG	C	0.01%
LSTR	D	0.01%
ZI	D	0.01%
AM	A	0.01%
BC	D	0.01%
JWN	C	0.01%
IBOC	B	0.01%
ENS	D	0.01%
RCM	A	0.01%
MTN	C	0.01%
CRUS	F	0.01%
EXPO	D	0.01%
BRKR	F	0.01%
HWC	B	0.01%
RYN	D	0.01%
NOVT	D	0.01%
LPX	B	0.01%
GNTX	F	0.01%
HXL	F	0.01%
ENOV	C	0.01%
RLI	A	0.01%
OZK	B	0.01%
GXO	B	0.01%
CHWY	B	0.01%
GT	C	0.01%
WH	B	0.01%
MASI	B	0.01%
MUR	F	0.01%
RH	D	0.01%
MGM	D	0.01%
MTSI	B	0.01%
CXT	C	0.01%
KBH	D	0.01%
CC	D	0.01%
NEOG	D	0.01%
ALV	C	0.01%
TKR	F	0.01%
AMKR	F	0.01%
OLN	F	0.01%
PCH	D	0.01%
VAC	C	0.01%
MAN	F	0.01%
PBF	D	0.01%
CVLT	B	0.01%
SLM	B	0.01%
PAG	B	0.01%
FFIN	B	0.01%
EVR	B	0.01%
GHC	B	0.01%
EXLS	B	0.01%
AZPN	A	0.01%
EGP	D	0.01%
DVA	C	0.01%
DOCS	C	0.01%
FLG	D	0.01%
STAG	D	0.01%
AMTM	F	0.01%
CHE	F	0.01%
AOS	F	0.01%
NVST	C	0.01%
FHI	B	0.01%
MAGN	F	0.0%
AZTA	F	0.0%
WMG	C	0.0%

IUSV Underweight 51 Positions Relative to VCLT

Symbol	Grade	Weight
WIT	B	-0.21%
SCCO	F	-0.05%
CRM	B	-0.05%
AMZN	B	-0.05%
DT	C	-0.04%
GOOGL	B	-0.04%
BHP	F	-0.04%
AVGO	C	-0.04%
ORCL	A	-0.04%
AAPL	C	-0.04%
FTV	D	-0.03%
FANG	D	-0.03%
WEST	C	-0.03%
RPRX	F	-0.03%
AMAT	F	-0.03%
MAR	B	-0.03%
NVDA	A	-0.03%
MUFG	A	-0.03%
MPLX	A	-0.03%
PECO	A	-0.02%
KSS	F	-0.02%
PAA	B	-0.02%
LRCX	F	-0.02%
KLAC	F	-0.02%
LNC	B	-0.02%
CP	F	-0.02%
HES	B	-0.02%
EPD	A	-0.02%
AZN	F	-0.02%
HSBC	A	-0.02%
VOD	D	-0.02%
GSK	F	-0.02%
HIW	D	-0.01%
AGO	A	-0.01%
AVA	C	-0.01%
LXP	D	-0.01%
OPI	F	-0.01%
JD	D	-0.01%
CACC	F	-0.01%
PHM	D	-0.01%
EE	A	-0.01%
MKL	A	-0.01%
KOF	F	-0.01%
OC	A	-0.01%
ACGL	D	-0.01%
WLK	F	-0.01%
LLY	F	-0.01%
JBLU	F	-0.01%
ET	A	-0.01%
BABA	D	-0.01%
MSFT	D	-0.01%