TOK vs. VCIT ETF Comparison

Comparison of iShares MSCI KLD 400 Social ETF (TOK) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

TOK

iShares MSCI KLD 400 Social ETF

TOK Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Kokusai Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure equity market performance in those countries that MSCI Inc. ("MSCI") has classified as having developed economies, excluding Japan ("DEEJ").

Grade (RS Rating)

Last Trade

$117.03

Average Daily Volume

18,176

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate 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 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 5 and 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

$80.89

Average Daily Volume

6,630,186

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	TOK	VCIT
30 Days	-0.38%	-2.06%
60 Days	2.42%	-3.01%
90 Days	4.31%	-0.85%
12 Months	27.60%	9.22%

349 Overlapping Holdings

	Symbol	Grade	Weight in TOK	Weight in VCIT	Overlap
	A	D	0.06%	0.02%	0.02%
	AAPL	C	4.85%	0.01%	0.01%
	ABBV	F	0.45%	0.13%	0.13%
	ABT	B	0.3%	0.02%	0.02%
	ACGL	C	0.06%	0.03%	0.03%
	ADBE	F	0.35%	0.05%	0.05%
	ADI	D	0.16%	0.04%	0.04%
	ADM	D	0.04%	0.05%	0.04%
	ADP	B	0.19%	0.04%	0.04%
	ADSK	B	0.1%	0.03%	0.03%
	AEE	A	0.04%	0.01%	0.01%
	AEP	C	0.07%	0.01%	0.01%
	AES	F	0.01%	0.02%	0.01%
	AFG	A	0.02%	0.02%	0.02%
	AFL	C	0.09%	0.01%	0.01%
	AIG	B	0.07%	0.02%	0.02%
	AIZ	A	0.02%	0.02%	0.02%
	ALL	A	0.08%	0.02%	0.02%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.23%	0.04%	0.04%
	AMCR	C	0.02%	0.01%	0.01%
	AMGN	D	0.24%	0.01%	0.01%
	AMH	C	0.02%	0.02%	0.02%
	AMT	D	0.14%	0.03%	0.03%
	AMZN	B	2.91%	0.09%	0.09%
	AON	A	0.11%	0.01%	0.01%
	APD	A	0.11%	0.02%	0.02%
	APH	B	0.13%	0.02%	0.02%
	APTV	F	0.02%	0.01%	0.01%
	ARE	D	0.03%	0.01%	0.01%
	ATO	A	0.03%	0.02%	0.02%
	AVB	A	0.05%	0.02%	0.02%
	AVGO	C	1.16%	0.01%	0.01%
	AVY	D	0.02%	0.02%	0.02%
	AWK	C	0.04%	0.02%	0.02%
	AXP	A	0.25%	0.11%	0.11%
	AZO	C	0.08%	0.03%	0.03%
	BA	F	0.16%	0.03%	0.03%
	BAC	A	0.48%	0.01%	0.01%
	BAX	F	0.03%	0.02%	0.02%
	BBY	C	0.03%	0.02%	0.02%
	BDX	F	0.1%	0.03%	0.03%
	BEN	C	0.01%	0.04%	0.01%
	BG	D	0.02%	0.03%	0.02%
	BIIB	F	0.04%	0.07%	0.04%
	BK	A	0.09%	0.01%	0.01%
	BKNG	A	0.26%	0.03%	0.03%
	BLK	A	0.23%	0.04%	0.04%
	BMY	B	0.18%	0.03%	0.03%
	BR	A	0.04%	0.04%	0.04%
	BRO	B	0.04%	0.02%	0.02%
	BSX	B	0.2%	0.01%	0.01%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.2%	0.02%	0.02%
	CAG	F	0.02%	0.01%	0.01%
	CAH	B	0.04%	0.05%	0.04%
	CARR	D	0.09%	0.04%	0.04%
	CAT	B	0.29%	0.02%	0.02%
	CB	C	0.16%	0.01%	0.01%
	CBOE	D	0.03%	0.02%	0.02%
	CCI	D	0.07%	0.03%	0.03%
	CE	F	0.01%	0.02%	0.01%
	CFG	A	0.03%	0.03%	0.03%
	CHD	A	0.04%	0.02%	0.02%
	CHRW	A	0.02%	0.03%	0.02%
	CHTR	B	0.06%	0.06%	0.06%
	CI	D	0.15%	0.02%	0.02%
	CINF	A	0.03%	0.02%	0.02%
	CLX	A	0.03%	0.01%	0.01%
	CMCSA	B	0.26%	0.02%	0.02%
	CME	A	0.12%	0.03%	0.03%
	CMI	A	0.07%	0.04%	0.04%
	CMS	C	0.03%	0.02%	0.02%
	CNH	D	0.01%	0.04%	0.01%
	CNP	A	0.03%	0.02%	0.02%
	COF	A	0.11%	0.03%	0.03%
	COP	C	0.19%	0.01%	0.01%
	COST	B	0.62%	0.07%	0.07%
	CPB	D	0.01%	0.03%	0.01%
	CPT	D	0.02%	0.02%	0.02%
	CRM	A	0.49%	0.07%	0.07%
	CSL	B	0.03%	0.03%	0.03%
	CSX	B	0.1%	0.02%	0.02%
	CTAS	B	0.12%	0.05%	0.05%
	CTVA	D	0.06%	0.02%	0.02%
	CVS	F	0.1%	0.02%	0.02%
	CVX	A	0.41%	0.01%	0.01%
	D	C	0.07%	0.01%	0.01%
	DAL	A	0.01%	0.03%	0.01%
	DD	D	0.05%	0.1%	0.05%
	DE	D	0.15%	0.01%	0.01%
	DELL	C	0.06%	0.04%	0.04%
	DFS	A	0.07%	0.01%	0.01%
	DG	F	0.02%	0.03%	0.02%
	DGX	A	0.03%	0.01%	0.01%
	DHI	D	0.07%	0.02%	0.02%
	DHR	D	0.24%	0.04%	0.04%
	DIS	A	0.27%	0.03%	0.03%
	DLR	A	0.09%	0.03%	0.03%
	DLTR	F	0.02%	0.07%	0.02%
	DOC	D	0.02%	0.01%	0.01%
	DOV	A	0.04%	0.02%	0.02%
	DOW	F	0.05%	0.01%	0.01%
	DRI	B	0.03%	0.02%	0.02%
	DT	C	0.02%	0.28%	0.02%
	DTE	C	0.04%	0.01%	0.01%
	DUK	C	0.13%	0.01%	0.01%
	DVN	F	0.04%	0.01%	0.01%
	EA	A	0.06%	0.04%	0.04%
	EBAY	D	0.05%	0.04%	0.04%
	ECL	D	0.09%	0.01%	0.01%
	ED	D	0.05%	0.01%	0.01%
	EFX	F	0.05%	0.03%	0.03%
	EIX	C	0.05%	0.01%	0.01%
	EL	F	0.02%	0.02%	0.02%
	EMN	C	0.02%	0.03%	0.02%
	EMR	A	0.11%	0.01%	0.01%
	EOG	A	0.12%	0.05%	0.05%
	EQH	B	0.02%	0.01%	0.01%
	EQIX	B	0.13%	0.02%	0.02%
	EQR	C	0.04%	0.02%	0.02%
	ES	C	0.03%	0.01%	0.01%
	ESS	A	0.03%	0.01%	0.01%
	ETN	A	0.22%	0.03%	0.03%
	ETR	A	0.05%	0.01%	0.01%
	EVRG	A	0.02%	0.01%	0.01%
	EW	C	0.06%	0.03%	0.03%
	EXC	C	0.06%	0.01%	0.01%
	EXPE	A	0.04%	0.05%	0.04%
	EXR	C	0.05%	0.02%	0.02%
	FANG	D	0.05%	0.04%	0.04%
	FDX	A	0.1%	0.02%	0.02%
	FIS	B	0.07%	0.03%	0.03%
	FITB	A	0.05%	0.03%	0.03%
	FNF	C	0.03%	0.02%	0.02%
	FOXA	A	0.02%	0.03%	0.02%
	FTNT	A	0.1%	0.02%	0.02%
	GD	D	0.11%	0.01%	0.01%
	GE	D	0.3%	0.04%	0.04%
	GILD	B	0.18%	0.01%	0.01%
	GIS	D	0.05%	0.04%	0.04%
	GLPI	D	0.02%	0.03%	0.02%
	GM	A	0.1%	0.02%	0.02%
	GOOG	B	1.37%	0.01%	0.01%
	GOOGL	B	1.59%	0.04%	0.04%
	GPC	D	0.03%	0.02%	0.02%
	GPN	B	0.04%	0.02%	0.02%
	GS	A	0.29%	0.05%	0.05%
	H	B	0.01%	0.02%	0.01%
	HAL	C	0.04%	0.06%	0.04%
	HBAN	A	0.04%	0.02%	0.02%
	HCA	D	0.1%	0.05%	0.05%
	HD	A	0.59%	0.03%	0.03%
	HES	B	0.06%	0.02%	0.02%
	HIG	C	0.05%	0.03%	0.03%
	HII	F	0.01%	0.01%	0.01%
	HON	A	0.22%	0.01%	0.01%
	HPQ	B	0.05%	0.04%	0.04%
	HRL	D	0.01%	0.01%	0.01%
	HST	D	0.02%	0.03%	0.02%
	HSY	F	0.04%	0.01%	0.01%
	HUBB	B	0.03%	0.01%	0.01%
	HUM	F	0.05%	0.01%	0.01%
	IBM	D	0.29%	0.01%	0.01%
	ICE	D	0.13%	0.03%	0.03%
	IEX	B	0.03%	0.05%	0.03%
	IFF	D	0.03%	0.02%	0.02%
	ILMN	C	0.03%	0.03%	0.03%
	INTC	C	0.15%	0.05%	0.05%
	INTU	A	0.29%	0.02%	0.02%
	INVH	D	0.03%	0.04%	0.03%
	IPG	F	0.02%	0.02%	0.02%
	ITW	B	0.12%	0.04%	0.04%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.08%	0.02%	0.02%
	JNJ	D	0.54%	0.01%	0.01%
	JNPR	D	0.02%	0.03%	0.02%
	JPM	A	1.02%	0.01%	0.01%
	K	B	0.03%	0.02%	0.02%
	KDP	D	0.05%	0.03%	0.03%
	KEY	A	0.03%	0.02%	0.02%
	KEYS	C	0.04%	0.03%	0.03%
	KIM	A	0.03%	0.02%	0.02%
	KLAC	F	0.13%	0.04%	0.04%
	KMB	C	0.07%	0.02%	0.02%
	KMI	A	0.08%	0.01%	0.01%
	KO	D	0.38%	0.01%	0.01%
	KR	B	0.06%	0.01%	0.01%
	L	A	0.02%	0.04%	0.02%
	LDOS	C	0.04%	0.05%	0.04%
	LEN	D	0.06%	0.01%	0.01%
	LH	B	0.03%	0.01%	0.01%
	LHX	B	0.08%	0.01%	0.01%
	LII	B	0.03%	0.02%	0.02%
	LIN	D	0.32%	0.03%	0.03%
	LLY	F	0.98%	0.03%	0.03%
	LMT	D	0.18%	0.04%	0.04%
	LNT	A	0.02%	0.01%	0.01%
	LOW	A	0.23%	0.01%	0.01%
	LRCX	F	0.15%	0.04%	0.04%
	LUV	A	0.01%	0.01%	0.01%
	LVS	C	0.03%	0.04%	0.03%
	LYB	F	0.03%	0.03%	0.03%
	MA	A	0.65%	0.03%	0.03%
	MAA	A	0.03%	0.01%	0.01%
	MAR	A	0.1%	0.01%	0.01%
	MAS	D	0.03%	0.02%	0.02%
	MCD	D	0.32%	0.01%	0.01%
	MCO	C	0.12%	0.02%	0.02%
	MDLZ	F	0.13%	0.02%	0.02%
	MDT	D	0.17%	0.02%	0.02%
	MET	A	0.07%	0.07%	0.07%
	MKC	D	0.03%	0.01%	0.01%
	MKL	A	0.03%	0.01%	0.01%
	MLM	B	0.06%	0.01%	0.01%
	MMC	C	0.16%	0.04%	0.04%
	MMM	D	0.11%	0.02%	0.02%
	MO	A	0.14%	0.02%	0.02%
	MOS	D	0.01%	0.04%	0.01%
	MPC	D	0.08%	0.04%	0.04%
	MRK	F	0.37%	0.06%	0.06%
	MRO	A	0.03%	0.05%	0.03%
	MRVL	B	0.12%	0.03%	0.03%
	MS	A	0.24%	0.01%	0.01%
	MSFT	D	4.44%	0.23%	0.23%
	MSI	A	0.12%	0.02%	0.02%
	MTB	A	0.05%	0.04%	0.04%
	MU	D	0.17%	0.03%	0.03%
	NDAQ	A	0.05%	0.03%	0.03%
	NEE	C	0.23%	0.01%	0.01%
	NEM	F	0.07%	0.05%	0.05%
	NI	A	0.02%	0.03%	0.02%
	NKE	D	0.14%	0.04%	0.04%
	NOC	D	0.11%	0.02%	0.02%
	NOW	B	0.32%	0.07%	0.07%
	NSC	B	0.09%	0.01%	0.01%
	NTAP	D	0.04%	0.03%	0.03%
	NTRS	A	0.03%	0.02%	0.02%
	NUE	D	0.05%	0.02%	0.02%
	NVDA	B	5.42%	0.06%	0.06%
	NVR	D	0.04%	0.05%	0.04%
	NXPI	F	0.08%	0.03%	0.03%
	O	D	0.07%	0.03%	0.03%
	OC	A	0.02%	0.02%	0.02%
	OKE	A	0.09%	0.01%	0.01%
	OMC	C	0.03%	0.03%	0.03%
	ORCL	A	0.47%	0.02%	0.02%
	ORLY	A	0.11%	0.01%	0.01%
	OTIS	D	0.06%	0.04%	0.04%
	PCG	A	0.06%	0.01%	0.01%
	PEG	C	0.06%	0.01%	0.01%
	PEP	F	0.34%	0.02%	0.02%
	PFE	F	0.22%	0.03%	0.03%
	PFG	C	0.03%	0.02%	0.02%
	PG	C	0.58%	0.04%	0.04%
	PGR	B	0.23%	0.01%	0.01%
	PH	A	0.13%	0.05%	0.05%
	PHM	D	0.04%	0.03%	0.03%
	PKG	B	0.03%	0.02%	0.02%
	PLD	D	0.16%	0.01%	0.01%
	PM	A	0.28%	0.02%	0.02%
	PNC	A	0.12%	0.01%	0.01%
	PNR	A	0.03%	0.01%	0.01%
	PPG	F	0.04%	0.02%	0.02%
	PRU	A	0.07%	0.02%	0.02%
	PSA	C	0.08%	0.01%	0.01%
	PSX	C	0.08%	0.04%	0.04%
	PWR	A	0.07%	0.05%	0.05%
	PYPL	A	0.13%	0.05%	0.05%
	QCOM	F	0.27%	0.05%	0.05%
	QRVO	F	0.01%	0.05%	0.01%
	REG	A	0.02%	0.02%	0.02%
	REGN	F	0.13%	0.06%	0.06%
	RF	A	0.04%	0.03%	0.03%
	RJF	A	0.05%	0.07%	0.05%
	ROK	A	0.05%	0.01%	0.01%
	ROP	C	0.09%	0.03%	0.03%
	ROST	D	0.07%	0.02%	0.02%
	RPM	A	0.03%	0.03%	0.03%
	RPRX	F	0.02%	0.02%	0.02%
	RS	B	0.03%	0.02%	0.02%
	RSG	B	0.07%	0.01%	0.01%
	RTX	D	0.24%	0.01%	0.01%
	SBUX	A	0.17%	0.02%	0.02%
	SCHW	A	0.18%	0.01%	0.01%
	SHW	B	0.14%	0.02%	0.02%
	SJM	F	0.02%	0.03%	0.02%
	SLB	C	0.09%	0.05%	0.05%
	SNA	A	0.03%	0.01%	0.01%
	SO	C	0.14%	0.02%	0.02%
	SPG	A	0.09%	0.01%	0.01%
	SPGI	C	0.24%	0.02%	0.02%
	SRE	A	0.09%	0.03%	0.03%
	STE	D	0.03%	0.05%	0.03%
	STLD	B	0.03%	0.02%	0.02%
	STT	A	0.04%	0.01%	0.01%
	STZ	D	0.06%	0.02%	0.02%
	SUI	D	0.02%	0.01%	0.01%
	SWK	F	0.02%	0.03%	0.02%
	SWKS	F	0.02%	0.03%	0.02%
	SYF	A	0.04%	0.03%	0.03%
	SYK	A	0.2%	0.02%	0.02%
	SYY	D	0.06%	0.05%	0.05%
	T	A	0.24%	0.05%	0.05%
	TDY	B	0.03%	0.03%	0.03%
	TEL	C	0.07%	0.03%	0.03%
	TFC	A	0.09%	0.02%	0.02%
	TGT	D	0.11%	0.02%	0.02%
	TJX	A	0.2%	0.01%	0.01%
	TMO	D	0.31%	0.03%	0.03%
	TMUS	A	0.19%	0.09%	0.09%
	TRMB	A	0.03%	0.03%	0.03%
	TSCO	D	0.05%	0.03%	0.03%
	TSN	A	0.03%	0.06%	0.03%
	TT	A	0.14%	0.03%	0.03%
	TXN	C	0.29%	0.02%	0.02%
	TXT	D	0.03%	0.01%	0.01%
	UDR	C	0.02%	0.01%	0.01%
	UHS	D	0.02%	0.04%	0.02%
	UNH	B	0.84%	0.01%	0.01%
	UNP	D	0.22%	0.02%	0.02%
	UPS	C	0.14%	0.03%	0.03%
	URI	B	0.09%	0.04%	0.04%
	USB	B	0.12%	0.01%	0.01%
	V	A	0.73%	0.03%	0.03%
	VLO	C	0.07%	0.03%	0.03%
	VMC	B	0.06%	0.02%	0.02%
	VRSK	B	0.06%	0.06%	0.06%
	VRSN	D	0.02%	0.04%	0.02%
	VTR	C	0.04%	0.02%	0.02%
	VTRS	A	0.02%	0.04%	0.02%
	VZ	C	0.25%	0.04%	0.04%
	WAB	B	0.05%	0.04%	0.04%
	WBA	F	0.01%	0.02%	0.01%
	WEC	A	0.04%	0.01%	0.01%
	WELL	A	0.12%	0.01%	0.01%
	WFC	A	0.38%	0.01%	0.01%
	WLK	F	0.01%	0.01%	0.01%
	WM	B	0.13%	0.01%	0.01%
	WMB	A	0.1%	0.01%	0.01%
	WMT	A	0.56%	0.01%	0.01%
	WPC	D	0.02%	0.02%	0.02%
	WTRG	C	0.02%	0.03%	0.02%
	WY	D	0.03%	0.01%	0.01%
	XEL	A	0.06%	0.01%	0.01%
	XOM	B	0.8%	0.01%	0.01%
	XYL	D	0.05%	0.02%	0.02%
	ZBH	C	0.03%	0.05%	0.03%
	ZTS	D	0.12%	0.02%	0.02%

TOK Overweight 242 Positions Relative to VCIT

	Symbol	Grade	Weight
	META	C	1.9%
	TSLA	B	1.4%
	BRK.A	A	0.92%
	NFLX	A	0.52%
	AMD	F	0.35%
	CSCO	B	0.35%
	ACN	C	0.33%
	ISRG	A	0.28%
	UBER	C	0.2%
	VRTX	C	0.19%
	FI	A	0.19%
	PANW	B	0.19%
	BX	A	0.19%
	PLTR	A	0.18%
	ANET	C	0.16%
	KKR	A	0.14%
	ELV	F	0.14%
	SNPS	C	0.13%
	GEV	A	0.13%
	MELI	D	0.13%
	CRWD	B	0.12%
	MCK	A	0.12%
	CDNS	B	0.12%
	CMG	B	0.12%
	CL	D	0.11%
	CEG	D	0.11%
	TDG	D	0.11%
	HLT	A	0.1%
	APO	A	0.1%
	CRH	B	0.1%
	FICO	A	0.09%
	AMP	A	0.09%
	RCL	A	0.09%
	ABNB	C	0.09%
	TTD	B	0.09%
	TRV	A	0.09%
	COIN	A	0.09%
	PCAR	B	0.09%
	APP	A	0.09%
	AJG	A	0.09%
	FCX	F	0.09%
	MSTR	B	0.08%
	DASH	B	0.08%
	GWW	A	0.08%
	WDAY	B	0.08%
	IT	B	0.07%
	ODFL	B	0.07%
	AXON	A	0.07%
	BKR	A	0.07%
	AME	A	0.07%
	COR	B	0.07%
	KVUE	A	0.07%
	VRT	A	0.07%
	SQ	A	0.07%
	LNG	A	0.07%
	WCN	A	0.07%
	FAST	B	0.07%
	MSCI	A	0.07%
	PAYX	B	0.07%
	CPRT	A	0.07%
	VST	A	0.07%
	LULU	C	0.06%
	IQV	F	0.06%
	SNOW	C	0.06%
	GLW	B	0.06%
	CTSH	B	0.06%
	CBRE	B	0.06%
	TEAM	A	0.06%
	TRGP	A	0.06%
	MNST	D	0.06%
	FERG	D	0.06%
	F	C	0.06%
	HWM	A	0.06%
	FLUT	A	0.06%
	IR	A	0.06%
	ON	F	0.05%
	MPWR	F	0.05%
	ARES	B	0.05%
	VICI	C	0.05%
	CNC	F	0.05%
	GRMN	B	0.05%
	OXY	F	0.05%
	WTW	B	0.05%
	DDOG	B	0.05%
	HUBS	A	0.05%
	IRM	D	0.05%
	RMD	C	0.05%
	IDXX	F	0.05%
	ALNY	D	0.05%
	VEEV	C	0.05%
	YUM	D	0.05%
	MCHP	F	0.05%
	GEHC	D	0.05%
	PPL	A	0.04%
	WST	C	0.04%
	FE	C	0.04%
	PTC	B	0.04%
	EME	B	0.04%
	EQT	A	0.04%
	BAH	D	0.04%
	LPLA	A	0.04%
	TYL	B	0.04%
	FTV	D	0.04%
	TROW	A	0.04%
	RBLX	B	0.04%
	SW	A	0.04%
	CDW	F	0.04%
	MTD	F	0.04%
	VLTO	D	0.04%
	GDDY	A	0.04%
	DECK	A	0.04%
	TPL	A	0.04%
	CPAY	A	0.04%
	NET	C	0.04%
	TTWO	A	0.04%
	HPE	B	0.04%
	DXCM	C	0.04%
	KHC	F	0.04%
	ANSS	B	0.04%
	CSGP	F	0.04%
	DKNG	B	0.03%
	HOOD	A	0.03%
	TER	F	0.03%
	MANH	D	0.03%
	EG	D	0.03%
	J	D	0.03%
	EXPD	D	0.03%
	FDS	A	0.03%
	ULTA	D	0.03%
	BURL	C	0.03%
	WRB	A	0.03%
	UTHR	B	0.03%
	MOH	F	0.03%
	WSO	A	0.03%
	GEN	B	0.03%
	PINS	F	0.03%
	DOCU	A	0.03%
	PODD	A	0.03%
	ZS	B	0.03%
	BALL	D	0.03%
	CTRA	A	0.03%
	HOLX	D	0.03%
	FSLR	F	0.03%
	NRG	B	0.03%
	EXE	A	0.03%
	ZBRA	B	0.03%
	IP	A	0.03%
	WDC	F	0.03%
	STX	D	0.03%
	COO	D	0.03%
	MDB	C	0.03%
	TRU	D	0.03%
	WBD	B	0.03%
	BLDR	D	0.03%
	LYV	A	0.03%
	FCNCA	A	0.03%
	ZM	B	0.03%
	SBAC	D	0.03%
	WAT	B	0.03%
	CCL	A	0.03%
	CCK	D	0.02%
	OVV	C	0.02%
	Z	A	0.02%
	CRL	D	0.02%
	NWSA	B	0.02%
	SMCI	F	0.02%
	ALB	C	0.02%
	LW	C	0.02%
	NBIX	D	0.02%
	TAP	A	0.02%
	BMRN	F	0.02%
	SNAP	D	0.02%
	KMX	B	0.02%
	TECH	D	0.02%
	JKHY	D	0.02%
	IOT	B	0.02%
	DKS	D	0.02%
	PAYC	B	0.02%
	HEI	A	0.02%
	ELS	B	0.02%
	OKTA	D	0.02%
	NDSN	B	0.02%
	CG	B	0.02%
	FFIV	B	0.02%
	DAY	B	0.02%
	AKAM	F	0.02%
	POOL	D	0.02%
	TOST	A	0.02%
	MRNA	F	0.02%
	EPAM	B	0.02%
	TW	B	0.02%
	INCY	B	0.02%
	GGG	A	0.02%
	ACM	B	0.02%
	AVTR	F	0.02%
	DPZ	C	0.02%
	ROL	A	0.02%
	JBHT	B	0.02%
	WSM	F	0.02%
	PSTG	F	0.02%
	RVTY	D	0.02%
	FWONK	B	0.02%
	ENTG	F	0.02%
	SSNC	D	0.02%
	ALGN	D	0.02%
	TWLO	A	0.02%
	CF	A	0.02%
	HEI	A	0.02%
	CELH	F	0.01%
	PARA	C	0.01%
	UHAL	D	0.01%
	DINO	D	0.01%
	AZPN	A	0.01%
	FOX	A	0.01%
	BBWI	C	0.01%
	ACI	C	0.01%
	SEIC	A	0.01%
	ENPH	F	0.01%
	HSIC	D	0.01%
	BSY	D	0.01%
	CHRD	F	0.01%
	AOS	F	0.01%
	WYNN	D	0.01%
	RIVN	F	0.01%
	BIO	C	0.01%
	TTC	D	0.01%
	MGM	D	0.01%
	ROKU	D	0.01%
	TFX	F	0.01%
	APA	F	0.01%
	MTCH	F	0.01%
	DVA	C	0.01%
	NLY	C	0.01%
	FBIN	D	0.01%
	ALLY	C	0.01%
	EXAS	F	0.01%
	LKQ	D	0.01%
	CTLT	C	0.01%
	SOLV	C	0.01%
	ERIE	F	0.01%
	KNX	B	0.01%
	MKTX	C	0.01%

TOK Underweight 139 Positions Relative to VCIT

	Symbol	Grade	Weight
	WIT	B	-0.15%
	DB	C	-0.07%
	BABA	D	-0.07%
	KOF	F	-0.06%
	BMO	A	-0.05%
	ARCC	A	-0.05%
	TD	D	-0.05%
	BHF	A	-0.05%
	AZN	F	-0.05%
	NWG	A	-0.05%
	AGR	A	-0.04%
	AMG	A	-0.04%
	XRAY	F	-0.04%
	EXP	B	-0.04%
	PAA	A	-0.04%
	AER	B	-0.04%
	MPLX	A	-0.04%
	ET	A	-0.04%
	GSK	F	-0.04%
	VOD	D	-0.04%
	KEX	A	-0.03%
	HRB	D	-0.03%
	INGR	B	-0.03%
	KSS	F	-0.03%
	FHN	A	-0.03%
	FAF	C	-0.03%
	AYI	A	-0.03%
	BNS	A	-0.03%
	BERY	D	-0.03%
	SBRA	C	-0.03%
	HP	C	-0.03%
	JD	C	-0.03%
	DXC	C	-0.03%
	FLS	A	-0.03%
	DOX	D	-0.03%
	BC	D	-0.03%
	CNO	A	-0.03%
	CMA	A	-0.03%
	AGO	A	-0.03%
	ARW	D	-0.03%
	AAT	C	-0.03%
	BDN	D	-0.03%
	WB	F	-0.03%
	ZION	A	-0.03%
	VNT	C	-0.03%
	RL	B	-0.03%
	SCS	A	-0.03%
	SON	D	-0.03%
	SNX	D	-0.03%
	RGA	A	-0.03%
	FMC	F	-0.03%
	VFC	B	-0.03%
	FLEX	B	-0.03%
	EPD	A	-0.03%
	MUFG	A	-0.03%
	UNM	A	-0.02%
	TME	F	-0.02%
	R	A	-0.02%
	SKT	A	-0.02%
	SITC	D	-0.02%
	SAFE	F	-0.02%
	AVT	C	-0.02%
	BKU	A	-0.02%
	AN	D	-0.02%
	NVT	B	-0.02%
	HR	C	-0.02%
	GXO	B	-0.02%
	EPRT	C	-0.02%
	FRT	B	-0.02%
	WU	F	-0.02%
	TKR	F	-0.02%
	RYN	D	-0.02%
	SF	A	-0.02%
	NOV	D	-0.02%
	NHI	D	-0.02%
	MHK	D	-0.02%
	DSS	F	-0.02%
	WBS	A	-0.02%
	VOYA	A	-0.02%
	VNO	B	-0.02%
	FSK	A	-0.02%
	OSK	C	-0.02%
	MCY	A	-0.02%
	PDM	D	-0.02%
	LEG	F	-0.02%
	LAZ	B	-0.02%
	KRC	C	-0.02%
	PRE	F	-0.02%
	LNC	A	-0.02%
	GL	B	-0.02%
	EPR	D	-0.02%
	CP	D	-0.02%
	LEA	F	-0.02%
	HUN	F	-0.02%
	BIDU	F	-0.02%
	ESGR	B	-0.02%
	JEF	A	-0.02%
	GBDC	A	-0.01%
	SAVE	F	-0.01%
	OCSL	D	-0.01%
	PSEC	F	-0.01%
	NEU	C	-0.01%
	OGS	A	-0.01%
	KRG	B	-0.01%
	WTFC	A	-0.01%
	CBT	C	-0.01%
	KMT	B	-0.01%
	THG	A	-0.01%
	CHH	A	-0.01%
	ADC	A	-0.01%
	KMPR	A	-0.01%
	PNW	A	-0.01%
	RNR	D	-0.01%
	AAL	B	-0.01%
	LXP	D	-0.01%
	NFG	A	-0.01%
	OPI	F	-0.01%
	HPP	F	-0.01%
	CUBE	C	-0.01%
	BKH	A	-0.01%
	SWX	A	-0.01%
	OGE	A	-0.01%
	GP	F	-0.01%
	HIW	D	-0.01%
	FLO	D	-0.01%
	AXS	A	-0.01%
	REXR	F	-0.01%
	CNA	C	-0.01%
	AAP	D	-0.01%
	NNN	D	-0.01%
	AL	A	-0.01%
	OHI	C	-0.01%
	HAS	D	-0.01%
	BWA	A	-0.01%
	WHR	A	-0.01%
	WEST	D	-0.01%
	BRX	A	-0.01%
	UAL	A	-0.01%
	HSBC	A	-0.01%

TOK: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology 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 Chemical Telecommunications Aerospace Real Estate Investment Trust Medicine Bank Semiconductor Cloud Computing Banking Mining IBD 50 Insurance Products

VCIT: Top Represented Industries & Keywords

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

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