SCHI vs. VCSH ETF Comparison

Comparison of Schwab 5-10 Year Corporate Bond ETF (SCHI) to Vanguard Short-Term Corporate Bond ETF (VCSH)

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 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 five years and less than ten 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

$22.23

Average Daily Volume

944,096

Number of Holdings ^*

470

* 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

$78.09

Average Daily Volume

2,857,939

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	SCHI	VCSH
30 Days	-2.02%	-0.59%
60 Days	-2.94%	-0.89%
90 Days	-1.01%	0.49%
12 Months	9.47%	7.42%

387 Overlapping Holdings

	Symbol	Grade	Weight in SCHI	Weight in VCSH	Overlap
	A	F	0.01%	0.02%	0.01%
	AAPL	C	0.06%	0.03%	0.03%
	ABBV	F	0.09%	0.02%	0.02%
	ABT	C	0.03%	0.02%	0.02%
	ADBE	C	0.05%	0.03%	0.03%
	ADI	D	0.03%	0.02%	0.02%
	ADM	F	0.05%	0.05%	0.05%
	ADP	A	0.05%	0.05%	0.05%
	ADSK	B	0.02%	0.01%	0.01%
	AEE	B	0.01%	0.01%	0.01%
	AEP	D	0.01%	0.01%	0.01%
	AER	B	0.05%	0.03%	0.03%
	AES	F	0.03%	0.02%	0.02%
	AFG	A	0.02%	0.02%	0.02%
	AFL	C	0.02%	0.02%	0.02%
	AGR	C	0.02%	0.03%	0.02%
	AIG	B	0.02%	0.06%	0.02%
	AIZ	A	0.02%	0.02%	0.02%
	AL	B	0.01%	0.02%	0.01%
	ALL	B	0.02%	0.01%	0.01%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.11%	0.03%	0.03%
	AMG	B	0.02%	0.01%	0.01%
	AMGN	F	0.06%	0.01%	0.01%
	AMT	F	0.02%	0.01%	0.01%
	AMZN	A	0.06%	0.04%	0.04%
	AN	C	0.02%	0.02%	0.02%
	AON	B	0.03%	0.01%	0.01%
	APD	B	0.02%	0.01%	0.01%
	APH	B	0.03%	0.02%	0.02%
	APTV	F	0.02%	0.03%	0.02%
	ARCC	A	0.07%	0.04%	0.04%
	ARE	F	0.02%	0.01%	0.01%
	ARW	F	0.02%	0.01%	0.01%
	ATO	B	0.02%	0.03%	0.02%
	AVB	B	0.01%	0.01%	0.01%
	AVGO	C	0.03%	0.01%	0.01%
	AVT	C	0.03%	0.01%	0.01%
	AWK	D	0.01%	0.01%	0.01%
	AXP	B	0.11%	0.03%	0.03%
	AZN	F	0.03%	0.04%	0.03%
	AZO	B	0.01%	0.01%	0.01%
	BA	F	0.02%	0.01%	0.01%
	BABA	D	0.07%	0.02%	0.02%
	BAC	A	0.03%	0.01%	0.01%
	BAX	F	0.03%	0.03%	0.03%
	BC	D	0.04%	0.02%	0.02%
	BDN	D	0.05%	0.01%	0.01%
	BDX	F	0.03%	0.02%	0.02%
	BEN	C	0.03%	0.02%	0.02%
	BG	D	0.03%	0.03%	0.03%
	BIDU	F	0.06%	0.01%	0.01%
	BIIB	F	0.07%	0.08%	0.07%
	BK	B	0.02%	0.01%	0.01%
	BKH	A	0.01%	0.02%	0.01%
	BKNG	A	0.02%	0.02%	0.02%
	BKU	A	0.03%	0.02%	0.02%
	BLK	A	0.03%	0.05%	0.03%
	BMO	A	0.07%	0.01%	0.01%
	BMY	B	0.04%	0.02%	0.02%
	BNS	A	0.04%	0.01%	0.01%
	BR	A	0.03%	0.02%	0.02%
	BRO	B	0.03%	0.02%	0.02%
	BRX	A	0.03%	0.02%	0.02%
	BSX	A	0.03%	0.01%	0.01%
	BWA	B	0.07%	0.02%	0.02%
	BXP	D	0.03%	0.03%	0.03%
	C	B	0.03%	0.02%	0.02%
	CAG	F	0.04%	0.01%	0.01%
	CAH	B	0.08%	0.02%	0.02%
	CARR	C	0.02%	0.09%	0.02%
	CAT	B	0.03%	0.02%	0.02%
	CB	C	0.06%	0.03%	0.03%
	CCI	F	0.02%	0.02%	0.02%
	CFG	B	0.02%	0.01%	0.01%
	CHD	A	0.01%	0.01%	0.01%
	CHTR	B	0.06%	0.07%	0.06%
	CI	D	0.03%	0.01%	0.01%
	CLX	A	0.02%	0.01%	0.01%
	CMA	A	0.03%	0.01%	0.01%
	CMCSA	B	0.04%	0.03%	0.03%
	CME	B	0.03%	0.03%	0.03%
	CMI	A	0.05%	0.02%	0.02%
	CMS	D	0.01%	0.01%	0.01%
	CNA	C	0.02%	0.02%	0.02%
	CNO	B	0.06%	0.03%	0.03%
	CNP	B	0.02%	0.01%	0.01%
	COF	B	0.05%	0.01%	0.01%
	COP	C	0.02%	0.01%	0.01%
	COST	B	0.02%	0.06%	0.02%
	CP	F	0.02%	0.01%	0.01%
	CPB	F	0.02%	0.02%	0.02%
	CPT	C	0.04%	0.02%	0.02%
	CRM	B	0.07%	0.05%	0.05%
	CSL	B	0.02%	0.01%	0.01%
	CSX	B	0.03%	0.02%	0.02%
	CTVA	C	0.03%	0.02%	0.02%
	CUBE	D	0.04%	0.01%	0.01%
	CVS	F	0.03%	0.02%	0.02%
	CVX	A	0.03%	0.02%	0.02%
	D	D	0.01%	0.01%	0.01%
	DAL	A	0.04%	0.01%	0.01%
	DB	D	0.06%	0.01%	0.01%
	DD	D	0.13%	0.08%	0.08%
	DE	D	0.01%	0.01%	0.01%
	DELL	C	0.02%	0.01%	0.01%
	DFS	B	0.02%	0.01%	0.01%
	DG	F	0.02%	0.01%	0.01%
	DGX	B	0.05%	0.02%	0.02%
	DHI	D	0.03%	0.01%	0.01%
	DHR	F	0.05%	0.02%	0.02%
	DIS	B	0.02%	0.03%	0.02%
	DLR	C	0.03%	0.03%	0.03%
	DLTR	F	0.07%	0.05%	0.05%
	DOC	C	0.02%	0.02%	0.02%
	DOV	A	0.02%	0.02%	0.02%
	DOW	F	0.02%	0.01%	0.01%
	DTE	D	0.02%	0.01%	0.01%
	DUK	D	0.01%	0.01%	0.01%
	DVN	F	0.02%	0.02%	0.02%
	EA	A	0.03%	0.02%	0.02%
	EBAY	C	0.03%	0.03%	0.03%
	ED	D	0.01%	0.01%	0.01%
	EFX	F	0.05%	0.02%	0.02%
	EIX	C	0.02%	0.01%	0.01%
	EL	F	0.03%	0.03%	0.03%
	EMN	D	0.05%	0.03%	0.03%
	EMR	A	0.04%	0.01%	0.01%
	EOG	A	0.04%	0.02%	0.02%
	EPD	A	0.02%	0.03%	0.02%
	EPR	D	0.05%	0.01%	0.01%
	EQH	B	0.1%	0.02%	0.02%
	EQIX	B	0.01%	0.02%	0.01%
	EQR	C	0.02%	0.02%	0.02%
	ES	D	0.01%	0.01%	0.01%
	ESS	C	0.02%	0.01%	0.01%
	ETN	B	0.04%	0.07%	0.04%
	ETR	B	0.01%	0.01%	0.01%
	EVRG	A	0.02%	0.01%	0.01%
	EXC	C	0.01%	0.01%	0.01%
	EXPE	B	0.03%	0.02%	0.02%
	FAF	C	0.02%	0.01%	0.01%
	FANG	C	0.03%	0.02%	0.02%
	FDX	B	0.02%	0.03%	0.02%
	FHN	A	0.04%	0.01%	0.01%
	FIS	B	0.03%	0.03%	0.03%
	FITB	A	0.05%	0.03%	0.03%
	FLEX	B	0.04%	0.02%	0.02%
	FLS	B	0.02%	0.01%	0.01%
	FMC	F	0.03%	0.01%	0.01%
	FOXA	A	0.03%	0.04%	0.03%
	FRT	B	0.02%	0.02%	0.02%
	GD	C	0.03%	0.02%	0.02%
	GE	D	0.06%	0.01%	0.01%
	GILD	B	0.04%	0.04%	0.04%
	GIS	F	0.03%	0.03%	0.03%
	GLPI	D	0.02%	0.03%	0.02%
	GM	B	0.01%	0.02%	0.01%
	GOOGL	C	0.06%	0.04%	0.04%
	GP	F	0.05%	0.01%	0.01%
	GPN	B	0.05%	0.03%	0.03%
	GS	B	0.05%	0.01%	0.01%
	GSK	F	0.05%	0.04%	0.04%
	GXO	B	0.04%	0.02%	0.02%
	H	B	0.02%	0.01%	0.01%
	HAL	C	0.06%	0.03%	0.03%
	HAS	D	0.03%	0.03%	0.03%
	HBAN	A	0.03%	0.01%	0.01%
	HCA	D	0.06%	0.06%	0.06%
	HD	B	0.03%	0.01%	0.01%
	HES	B	0.05%	0.01%	0.01%
	HII	F	0.02%	0.01%	0.01%
	HIW	D	0.03%	0.01%	0.01%
	HON	B	0.02%	0.01%	0.01%
	HP	C	0.03%	0.02%	0.02%
	HPQ	B	0.02%	0.05%	0.02%
	HRB	D	0.01%	0.02%	0.01%
	HRL	F	0.03%	0.03%	0.03%
	HSBC	B	0.06%	0.01%	0.01%
	HST	D	0.03%	0.02%	0.02%
	HSY	F	0.02%	0.01%	0.01%
	HUBB	C	0.02%	0.01%	0.01%
	HUM	D	0.02%	0.02%	0.02%
	IBM	D	0.02%	0.02%	0.02%
	ICE	C	0.03%	0.02%	0.02%
	IFF	F	0.03%	0.01%	0.01%
	ILMN	C	0.02%	0.02%	0.02%
	INTC	C	0.06%	0.03%	0.03%
	INTU	A	0.06%	0.02%	0.02%
	IPG	F	0.03%	0.01%	0.01%
	ITW	B	0.04%	0.04%	0.04%
	JBL	C	0.02%	0.01%	0.01%
	JCI	A	0.04%	0.02%	0.02%
	JD	C	0.06%	0.03%	0.03%
	JEF	B	0.02%	0.03%	0.02%
	JNJ	D	0.04%	0.02%	0.02%
	JNPR	D	0.03%	0.03%	0.03%
	JPM	A	0.04%	0.01%	0.01%
	K	A	0.03%	0.02%	0.02%
	KDP	C	0.02%	0.02%	0.02%
	KEY	B	0.08%	0.01%	0.01%
	KEYS	C	0.02%	0.02%	0.02%
	KIM	A	0.01%	0.01%	0.01%
	KLAC	F	0.06%	0.06%	0.06%
	KMB	D	0.01%	0.01%	0.01%
	KMI	B	0.02%	0.02%	0.02%
	KMPR	A	0.01%	0.02%	0.01%
	KO	F	0.01%	0.06%	0.01%
	KR	A	0.03%	0.02%	0.02%
	KRC	C	0.02%	0.01%	0.01%
	KSS	D	0.03%	0.01%	0.01%
	L	A	0.02%	0.02%	0.02%
	LAZ	C	0.01%	0.02%	0.01%
	LDOS	C	0.09%	0.02%	0.02%
	LEG	F	0.02%	0.01%	0.01%
	LEN	D	0.05%	0.01%	0.01%
	LH	B	0.06%	0.01%	0.01%
	LHX	B	0.03%	0.02%	0.02%
	LII	B	0.01%	0.01%	0.01%
	LIN	D	0.03%	0.02%	0.02%
	LLY	F	0.01%	0.02%	0.01%
	LMT	D	0.01%	0.05%	0.01%
	LNC	B	0.03%	0.01%	0.01%
	LNT	C	0.02%	0.02%	0.02%
	LOW	B	0.04%	0.01%	0.01%
	LRCX	F	0.05%	0.02%	0.02%
	LUV	B	0.01%	0.01%	0.01%
	LVS	C	0.04%	0.02%	0.02%
	LYB	F	0.02%	0.02%	0.02%
	MA	B	0.02%	0.04%	0.02%
	MAA	C	0.03%	0.01%	0.01%
	MAR	A	0.01%	0.01%	0.01%
	MCD	C	0.03%	0.01%	0.01%
	MCK	B	0.01%	0.01%	0.01%
	MCO	C	0.02%	0.02%	0.02%
	MDLZ	F	0.03%	0.01%	0.01%
	MDT	D	0.03%	0.08%	0.03%
	MET	C	0.05%	0.02%	0.02%
	MHK	D	0.01%	0.03%	0.01%
	MKC	D	0.02%	0.02%	0.02%
	MLM	B	0.02%	0.01%	0.01%
	MMC	D	0.05%	0.01%	0.01%
	MMM	C	0.02%	0.01%	0.01%
	MO	A	0.04%	0.01%	0.01%
	MOS	D	0.05%	0.03%	0.03%
	MPC	D	0.02%	0.03%	0.02%
	MPLX	A	0.04%	0.03%	0.03%
	MRK	F	0.03%	0.04%	0.03%
	MRVL	B	0.02%	0.02%	0.02%
	MS	A	0.11%	0.03%	0.03%
	MSFT	C	0.23%	0.04%	0.04%
	MSI	B	0.01%	0.03%	0.01%
	MU	D	0.04%	0.03%	0.03%
	MUFG	A	0.03%	0.01%	0.01%
	NDAQ	B	0.03%	0.01%	0.01%
	NEE	D	0.02%	0.01%	0.01%
	NEM	F	0.04%	0.01%	0.01%
	NEU	C	0.02%	0.01%	0.01%
	NFG	D	0.01%	0.01%	0.01%
	NI	A	0.04%	0.05%	0.04%
	NKE	F	0.03%	0.02%	0.02%
	NNN	F	0.02%	0.02%	0.02%
	NOC	D	0.06%	0.05%	0.05%
	NSC	B	0.03%	0.01%	0.01%
	NTAP	D	0.02%	0.02%	0.02%
	NTRS	A	0.03%	0.04%	0.03%
	NUE	D	0.03%	0.03%	0.03%
	NVDA	A	0.07%	0.02%	0.02%
	NVT	C	0.02%	0.01%	0.01%
	NWG	B	0.06%	0.01%	0.01%
	NXPI	F	0.07%	0.02%	0.02%
	O	D	0.05%	0.01%	0.01%
	OC	A	0.05%	0.01%	0.01%
	OCSL	D	0.02%	0.02%	0.02%
	OGS	B	0.01%	0.01%	0.01%
	OHI	C	0.03%	0.02%	0.02%
	OKE	A	0.02%	0.02%	0.02%
	OMC	A	0.03%	0.06%	0.03%
	ORCL	A	0.03%	0.05%	0.03%
	ORLY	A	0.02%	0.01%	0.01%
	OTIS	D	0.04%	0.07%	0.04%
	PAA	C	0.04%	0.01%	0.01%
	PCG	A	0.01%	0.01%	0.01%
	PDM	D	0.02%	0.01%	0.01%
	PEG	C	0.02%	0.01%	0.01%
	PEP	D	0.03%	0.02%	0.02%
	PFE	F	0.04%	0.03%	0.03%
	PFG	C	0.01%	0.01%	0.01%
	PG	C	0.03%	0.01%	0.01%
	PH	A	0.02%	0.02%	0.02%
	PHM	D	0.03%	0.03%	0.03%
	PKG	B	0.06%	0.01%	0.01%
	PM	B	0.02%	0.02%	0.02%
	PNC	B	0.03%	0.02%	0.02%
	PNW	A	0.02%	0.01%	0.01%
	PPG	F	0.02%	0.01%	0.01%
	PPL	A	0.03%	0.01%	0.01%
	PRU	B	0.02%	0.03%	0.02%
	PSA	D	0.03%	0.02%	0.02%
	PSEC	F	0.01%	0.01%	0.01%
	PSX	C	0.04%	0.01%	0.01%
	PYPL	A	0.03%	0.03%	0.03%
	QCOM	F	0.04%	0.04%	0.04%
	R	B	0.02%	0.01%	0.01%
	RGA	A	0.02%	0.01%	0.01%
	RL	B	0.04%	0.02%	0.02%
	RNR	D	0.02%	0.01%	0.01%
	ROK	B	0.02%	0.01%	0.01%
	ROP	A	0.01%	0.01%	0.01%
	ROST	D	0.02%	0.02%	0.02%
	RPM	A	0.02%	0.01%	0.01%
	RPRX	F	0.04%	0.04%	0.04%
	RS	C	0.03%	0.01%	0.01%
	RSG	B	0.0%	0.01%	0.0%
	RTX	D	0.01%	0.02%	0.01%
	SBRA	C	0.02%	0.02%	0.02%
	SBUX	B	0.01%	0.02%	0.01%
	SCHW	B	0.01%	0.01%	0.01%
	SF	A	0.02%	0.02%	0.02%
	SHW	A	0.03%	0.02%	0.02%
	SITC	F	0.03%	0.01%	0.01%
	SKT	A	0.03%	0.02%	0.02%
	SLB	C	0.06%	0.02%	0.02%
	SNX	C	0.03%	0.03%	0.03%
	SO	D	0.01%	0.01%	0.01%
	SPG	A	0.03%	0.02%	0.02%
	SPGI	C	0.02%	0.03%	0.02%
	SRE	B	0.02%	0.01%	0.01%
	STLD	C	0.01%	0.02%	0.01%
	STT	B	0.03%	0.03%	0.03%
	STZ	D	0.02%	0.02%	0.02%
	SWK	F	0.02%	0.03%	0.02%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.04%	0.03%	0.03%
	SYK	A	0.01%	0.01%	0.01%
	SYY	D	0.03%	0.03%	0.03%
	T	A	0.07%	0.01%	0.01%
	TD	D	0.09%	0.02%	0.02%
	TDY	B	0.03%	0.02%	0.02%
	TEL	B	0.02%	0.01%	0.01%
	TFC	B	0.01%	0.01%	0.01%
	TGT	C	0.05%	0.05%	0.05%
	THG	A	0.01%	0.02%	0.01%
	TJX	A	0.03%	0.04%	0.03%
	TKR	F	0.02%	0.01%	0.01%
	TMO	F	0.02%	0.01%	0.01%
	TMUS	A	0.1%	0.04%	0.04%
	TRMB	B	0.05%	0.01%	0.01%
	TSN	B	0.13%	0.01%	0.01%
	TT	B	0.07%	0.02%	0.02%
	TXN	B	0.05%	0.01%	0.01%
	TXT	D	0.02%	0.01%	0.01%
	UAL	A	0.02%	0.01%	0.01%
	UDR	C	0.02%	0.01%	0.01%
	UHS	D	0.04%	0.01%	0.01%
	UNH	B	0.03%	0.01%	0.01%
	UNM	A	0.02%	0.02%	0.02%
	UNP	D	0.02%	0.01%	0.01%
	UPS	C	0.02%	0.02%	0.02%
	USB	B	0.04%	0.02%	0.02%
	V	A	0.01%	0.13%	0.01%
	VFC	C	0.02%	0.04%	0.02%
	VLO	C	0.04%	0.03%	0.03%
	VMC	B	0.02%	0.01%	0.01%
	VNO	C	0.02%	0.02%	0.02%
	VNT	C	0.03%	0.02%	0.02%
	VOD	F	0.05%	0.01%	0.01%
	VOYA	B	0.01%	0.02%	0.01%
	VRSK	A	0.05%	0.05%	0.05%
	VTR	C	0.01%	0.02%	0.01%
	VZ	D	0.01%	0.06%	0.01%
	WAB	B	0.04%	0.03%	0.03%
	WBA	D	0.02%	0.06%	0.02%
	WEC	B	0.01%	0.02%	0.01%
	WELL	B	0.03%	0.01%	0.01%
	WFC	A	0.01%	0.01%	0.01%
	WHR	B	0.02%	0.01%	0.01%
	WM	A	0.03%	0.02%	0.02%
	WMB	B	0.02%	0.03%	0.02%
	WMT	A	0.03%	0.02%	0.02%
	WPC	F	0.03%	0.02%	0.02%
	WU	F	0.01%	0.01%	0.01%
	WY	F	0.03%	0.01%	0.01%
	XEL	A	0.01%	0.01%	0.01%
	XOM	B	0.05%	0.02%	0.02%
	ZBH	C	0.05%	0.02%	0.02%
	ZTS	D	0.03%	0.04%	0.03%

SCHI Overweight 83 Positions Relative to VCSH

	Symbol	Grade	Weight
	DT	C	0.26%
	NOW	A	0.08%
	MRO	B	0.07%
	KOF	F	0.07%
	QRVO	F	0.07%
	XRAY	F	0.06%
	REGN	F	0.06%
	VRSN	C	0.05%
	STE	D	0.05%
	NVR	D	0.05%
	URI	B	0.05%
	CTAS	B	0.05%
	CHRW	A	0.05%
	PWR	B	0.05%
	MAS	D	0.05%
	AMCR	D	0.05%
	RJF	A	0.04%
	SWX	B	0.04%
	FLO	F	0.04%
	RYN	F	0.04%
	DOX	C	0.04%
	INGR	B	0.04%
	IEX	B	0.04%
	TPR	A	0.04%
	PNR	A	0.04%
	TSCO	D	0.04%
	EXP	B	0.04%
	BHF	B	0.04%
	SCS	B	0.03%
	KEX	A	0.03%
	INVH	D	0.03%
	NHI	D	0.03%
	BNL	D	0.03%
	ADC	A	0.03%
	AAT	B	0.03%
	HIG	C	0.03%
	CBOE	D	0.03%
	DRI	B	0.03%
	MCY	B	0.03%
	EW	F	0.03%
	NOV	C	0.03%
	CTRA	B	0.03%
	PGR	A	0.03%
	FNF	C	0.03%
	ESGR	B	0.03%
	SAVE	F	0.02%
	CBT	C	0.02%
	WBS	A	0.02%
	ACGL	C	0.02%
	GPC	D	0.02%
	AYI	A	0.02%
	EXR	D	0.02%
	SAFE	F	0.02%
	EPRT	C	0.02%
	WTRG	C	0.02%
	KMT	B	0.02%
	LXP	D	0.02%
	AGO	B	0.02%
	SON	F	0.02%
	SNA	A	0.02%
	OSK	B	0.02%
	REXR	F	0.02%
	XYL	F	0.02%
	SUI	F	0.02%
	SJM	F	0.02%
	REG	A	0.02%
	AXS	A	0.02%
	AVY	F	0.02%
	HUN	F	0.02%
	BBY	C	0.02%
	GL	B	0.02%
	PLD	D	0.02%
	LEA	F	0.01%
	MKL	A	0.01%
	OGE	B	0.01%
	HR	C	0.01%
	PRE	D	0.01%
	CHH	B	0.01%
	AAP	C	0.01%
	HPP	F	0.01%
	AAL	B	0.01%
	AMH	C	0.01%
	ECL	C	0.01%

SCHI Underweight 56 Positions Relative to VCSH

	Symbol	Grade	Weight
	TAP	B	-0.1%
	STLA	F	-0.07%
	FTV	C	-0.04%
	WLK	F	-0.04%
	RF	A	-0.04%
	WB	F	-0.04%
	JBHT	C	-0.03%
	DXC	B	-0.03%
	WAL	B	-0.03%
	PVH	C	-0.03%
	BERY	D	-0.03%
	VTRS	B	-0.03%
	HPE	B	-0.03%
	CF	B	-0.02%
	CDNS	B	-0.02%
	GBDC	B	-0.02%
	HOG	D	-0.02%
	FTNT	B	-0.02%
	TSLX	D	-0.02%
	COKE	C	-0.02%
	ALB	C	-0.02%
	AWH	F	-0.02%
	GSBD	F	-0.02%
	IP	B	-0.02%
	GWW	B	-0.02%
	ORI	A	-0.02%
	IVZ	B	-0.02%
	CE	F	-0.02%
	CNH	D	-0.02%
	MTB	A	-0.02%
	FSK	A	-0.02%
	WEST	D	-0.02%
	ET	A	-0.02%
	CM	A	-0.02%
	CSCO	A	-0.02%
	RY	C	-0.02%
	FE	D	-0.01%
	FNB	B	-0.01%
	CACC	D	-0.01%
	VLY	B	-0.01%
	G	B	-0.01%
	AMD	F	-0.01%
	JHG	A	-0.01%
	SNV	B	-0.01%
	SLG	C	-0.01%
	BCSF	A	-0.01%
	TME	F	-0.01%
	CL	F	-0.01%
	BHP	F	-0.01%
	SCCO	F	-0.01%
	MAIN	A	-0.01%
	OPI	F	-0.01%
	PCAR	B	-0.01%
	AMP	A	-0.01%
	MCHP	F	-0.01%
	ALLY	C	-0.01%

SCHI: Top Represented Industries & Keywords

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

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

VCSH: Top Represented Industries & Keywords

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

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