VYM vs. DIVB ETF Comparison

Comparison of Vanguard High Dividend Yield ETF - DNQ (VYM) to iShares U.S. Dividend and Buyback ETF (DIVB)

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$133.62

Average Daily Volume

791,255

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.54

Average Daily Volume

83,483

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	VYM	DIVB
30 Days	3.01%	2.97%
60 Days	4.74%	5.27%
90 Days	6.95%	7.50%
12 Months	30.40%	35.87%

328 Overlapping Holdings

	Symbol	Grade	Weight in VYM	Weight in DIVB	Overlap
	AAP	C	0.01%	0.02%	0.01%
	ABBV	D	2.05%	1.1%	1.1%
	ABM	B	0.02%	0.02%	0.02%
	ABT	B	1.11%	0.52%	0.52%
	ACI	C	0.04%	0.02%	0.02%
	ADP	B	0.67%	0.38%	0.38%
	AEE	A	0.13%	0.04%	0.04%
	AEP	D	0.3%	0.1%	0.1%
	AES	F	0.07%	0.04%	0.04%
	AFG	A	0.05%	0.03%	0.03%
	AFL	B	0.33%	0.38%	0.33%
	AGO	B	0.02%	0.05%	0.02%
	AGR	B	0.01%	0.01%	0.01%
	AIG	B	0.28%	0.57%	0.28%
	AIZ	A	0.06%	0.04%	0.04%
	ALE	A	0.02%	0.02%	0.02%
	ALL	A	0.28%	0.19%	0.19%
	ALLY	C	0.05%	0.07%	0.05%
	ALV	C	0.04%	0.05%	0.04%
	AM	A	0.03%	0.03%	0.03%
	AMGN	D	0.97%	0.43%	0.43%
	AMP	A	0.29%	0.37%	0.29%
	APA	D	0.05%	0.08%	0.05%
	APAM	B	0.02%	0.02%	0.02%
	APD	A	0.39%	0.18%	0.18%
	ARCH	B	0.01%	0.03%	0.01%
	ARES	A	0.17%	0.06%	0.06%
	AROC	B	0.02%	0.01%	0.01%
	ASB	B	0.02%	0.02%	0.02%
	AVA	A	0.02%	0.0%	0.0%
	AVNT	B	0.02%	0.01%	0.01%
	AVT	C	0.03%	0.17%	0.03%
	AWK	D	0.15%	0.05%	0.05%
	AWR	B	0.02%	0.01%	0.01%
	AXS	A	0.03%	0.02%	0.02%
	BAC	A	1.61%	1.46%	1.46%
	BAX	D	0.1%	0.05%	0.05%
	BBY	D	0.11%	0.11%	0.11%
	BC	C	0.03%	0.05%	0.03%
	BEN	C	0.03%	0.05%	0.03%
	BERY	B	0.05%	0.05%	0.05%
	BG	F	0.07%	0.08%	0.07%
	BK	A	0.32%	0.4%	0.32%
	BKH	A	0.02%	0.01%	0.01%
	BKR	B	0.22%	0.15%	0.15%
	BLK	C	0.82%	0.63%	0.63%
	BMY	B	0.64%	1.09%	0.64%
	BOKF	B	0.01%	0.02%	0.01%
	BPOP	B	0.04%	0.03%	0.03%
	BTU	B	0.02%	0.02%	0.02%
	BX	A	0.67%	0.4%	0.4%
	C	A	0.7%	0.67%	0.67%
	CADE	B	0.03%	0.0%	0.0%
	CAG	D	0.08%	0.06%	0.06%
	CAH	B	0.15%	0.2%	0.15%
	CAT	B	1.04%	1.1%	1.04%
	CATY	B	0.02%	0.01%	0.01%
	CBSH	A	0.04%	0.03%	0.03%
	CC	C	0.02%	0.03%	0.02%
	CCOI	B	0.02%	0.03%	0.02%
	CF	B	0.08%	0.15%	0.08%
	CFG	B	0.11%	0.19%	0.11%
	CFR	B	0.04%	0.04%	0.04%
	CG	A	0.06%	0.07%	0.06%
	CHRD	D	0.04%	0.07%	0.04%
	CHRW	C	0.07%	0.09%	0.07%
	CI	F	0.5%	0.68%	0.5%
	CINF	A	0.12%	0.08%	0.08%
	CIVI	D	0.03%	0.04%	0.03%
	CL	D	0.43%	0.26%	0.26%
	CLX	B	0.09%	0.06%	0.06%
	CMA	A	0.05%	0.05%	0.05%
	CME	A	0.46%	0.34%	0.34%
	CMI	A	0.25%	0.12%	0.12%
	CMS	C	0.12%	0.03%	0.03%
	CNH	C	0.06%	0.1%	0.06%
	CNO	A	0.02%	0.03%	0.02%
	CNP	B	0.11%	0.06%	0.06%
	CNS	B	0.02%	0.01%	0.01%
	COLB	A	0.03%	0.04%	0.03%
	COP	C	0.73%	0.85%	0.73%
	CPB	D	0.05%	0.03%	0.03%
	CRC	B	0.02%	0.02%	0.02%
	CSCO	B	1.26%	5.42%	1.26%
	CTRA	B	0.1%	0.12%	0.1%
	CVI	F	0.0%	0.0%	0.0%
	CVS	D	0.4%	0.65%	0.4%
	CVX	A	1.41%	2.17%	1.41%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.01%	0.01%	0.01%
	D	C	0.28%	0.13%	0.13%
	DFS	B	0.21%	0.3%	0.21%
	DGX	A	0.1%	0.08%	0.08%
	DKS	C	0.06%	0.07%	0.06%
	DNB	B	0.02%	0.01%	0.01%
	DOW	F	0.2%	0.25%	0.2%
	DRI	B	0.11%	0.11%	0.11%
	DTE	C	0.15%	0.02%	0.02%
	DTM	B	0.05%	0.03%	0.03%
	DUK	C	0.5%	0.31%	0.31%
	DVN	F	0.14%	0.16%	0.14%
	EBAY	D	0.16%	0.23%	0.16%
	ED	D	0.2%	0.15%	0.15%
	EIX	B	0.18%	0.12%	0.12%
	EL	F	0.09%	0.06%	0.06%
	EMN	D	0.07%	0.07%	0.07%
	EMR	A	0.35%	0.33%	0.33%
	EOG	A	0.4%	0.29%	0.29%
	EQH	B	0.08%	0.02%	0.02%
	ES	D	0.13%	0.08%	0.08%
	ESNT	D	0.04%	0.02%	0.02%
	ETR	B	0.19%	0.05%	0.05%
	EVR	B	0.05%	0.07%	0.05%
	EVRG	A	0.08%	0.06%	0.06%
	EWBC	A	0.08%	0.06%	0.06%
	EXC	C	0.22%	0.15%	0.15%
	F	C	0.23%	0.31%	0.23%
	FAF	A	0.04%	0.04%	0.04%
	FANG	D	0.19%	0.23%	0.19%
	FAST	B	0.25%	0.12%	0.12%
	FDX	B	0.35%	0.3%	0.3%
	FE	C	0.14%	0.08%	0.08%
	FFIN	B	0.03%	0.01%	0.01%
	FHB	A	0.02%	0.02%	0.02%
	FHN	A	0.05%	0.07%	0.05%
	FIS	C	0.29%	1.88%	0.29%
	FITB	A	0.17%	0.14%	0.14%
	FLO	D	0.02%	0.02%	0.02%
	FMC	D	0.05%	0.03%	0.03%
	FNB	A	0.03%	0.02%	0.02%
	FNF	B	0.09%	0.06%	0.06%
	GAP	C	0.02%	0.02%	0.02%
	GBCI	B	0.03%	0.02%	0.02%
	GEF	A	0.01%	0.0%	0.0%
	GEF	A	0.01%	0.01%	0.01%
	GEN	B	0.09%	0.56%	0.09%
	GILD	C	0.63%	0.55%	0.55%
	GIS	D	0.22%	0.27%	0.22%
	GLW	B	0.21%	0.53%	0.21%
	GPC	D	0.09%	0.07%	0.07%
	GS	A	0.93%	1.36%	0.93%
	HAS	D	0.05%	0.04%	0.04%
	HBAN	A	0.13%	0.12%	0.12%
	HD	A	2.21%	1.57%	1.57%
	HI	C	0.01%	0.01%	0.01%
	HIG	B	0.18%	0.21%	0.18%
	HII	D	0.04%	0.02%	0.02%
	HOG	D	0.02%	0.04%	0.02%
	HOMB	A	0.03%	0.03%	0.03%
	HON	B	0.76%	0.66%	0.66%
	HP	B	0.02%	0.03%	0.02%
	HPE	B	0.14%	0.74%	0.14%
	HPQ	B	0.2%	1.24%	0.2%
	HRB	D	0.05%	0.06%	0.05%
	HRL	D	0.05%	0.03%	0.03%
	HSY	F	0.15%	0.11%	0.11%
	HWC	B	0.03%	0.02%	0.02%
	IBM	C	0.98%	3.51%	0.98%
	IBOC	A	0.02%	0.01%	0.01%
	IDA	A	0.03%	0.02%	0.02%
	IFF	D	0.14%	0.05%	0.05%
	INGR	B	0.05%	0.03%	0.03%
	IP	B	0.11%	0.12%	0.11%
	IPG	D	0.06%	0.11%	0.06%
	IRDM	D	0.02%	0.04%	0.02%
	ITW	B	0.44%	0.36%	0.36%
	IVZ	B	0.04%	0.04%	0.04%
	JCI	C	0.29%	0.21%	0.21%
	JEF	A	0.06%	0.04%	0.04%
	JHG	A	0.03%	0.04%	0.03%
	JNJ	D	2.19%	1.37%	1.37%
	JNPR	F	0.07%	0.26%	0.07%
	JPM	A	3.61%	2.66%	2.66%
	JWN	C	0.01%	0.01%	0.01%
	K	A	0.12%	0.06%	0.06%
	KDP	D	0.21%	0.16%	0.16%
	KEY	B	0.09%	0.1%	0.09%
	KHC	F	0.17%	0.16%	0.16%
	KMB	D	0.26%	0.18%	0.18%
	KMI	A	0.27%	0.25%	0.25%
	KMPR	B	0.02%	0.01%	0.01%
	KO	D	1.44%	0.75%	0.75%
	KR	B	0.21%	0.1%	0.1%
	KTB	B	0.03%	0.02%	0.02%
	LCII	C	0.02%	0.01%	0.01%
	LEA	D	0.03%	0.04%	0.03%
	LHX	C	0.27%	0.16%	0.16%
	LKQ	D	0.05%	0.07%	0.05%
	LMT	D	0.66%	0.83%	0.66%
	LNT	A	0.09%	0.04%	0.04%
	LOW	D	0.85%	1.06%	0.85%
	LUV	C	0.1%	0.05%	0.05%
	LYB	F	0.13%	0.14%	0.13%
	M	D	0.02%	0.02%	0.02%
	MAN	D	0.02%	0.03%	0.02%
	MC	C	0.03%	0.02%	0.02%
	MCD	D	1.19%	0.82%	0.82%
	MCHP	D	0.22%	0.8%	0.22%
	MCY	A	0.01%	0.01%	0.01%
	MDLZ	F	0.52%	0.35%	0.35%
	MDT	D	0.65%	0.55%	0.55%
	MDU	D	0.03%	0.01%	0.01%
	MET	A	0.26%	0.46%	0.26%
	MGEE	C	0.02%	0.01%	0.01%
	MGY	A	0.02%	0.03%	0.02%
	MKC	D	0.11%	0.04%	0.04%
	MMM	D	0.4%	0.31%	0.31%
	MRK	F	1.47%	0.75%	0.75%
	MRO	B	0.09%	0.14%	0.09%
	MS	A	0.76%	1.36%	0.76%
	MSM	C	0.02%	0.04%	0.02%
	MTB	A	0.18%	0.24%	0.18%
	MTG	C	0.04%	0.05%	0.04%
	MUR	D	0.03%	0.02%	0.02%
	NEE	D	0.92%	0.11%	0.11%
	NEM	D	0.3%	0.13%	0.13%
	NFG	A	0.03%	0.02%	0.02%
	NI	A	0.09%	0.04%	0.04%
	NJR	A	0.03%	0.01%	0.01%
	NRG	B	0.11%	0.13%	0.11%
	NSC	B	0.32%	0.25%	0.25%
	NSP	D	0.02%	0.02%	0.02%
	NTAP	C	0.13%	0.73%	0.13%
	NTRS	A	0.11%	0.13%	0.11%
	NWL	B	0.02%	0.01%	0.01%
	OGE	B	0.05%	0.04%	0.04%
	OGN	D	0.03%	0.02%	0.02%
	OGS	A	0.02%	0.01%	0.01%
	OKE	A	0.32%	0.21%	0.21%
	OMC	C	0.11%	0.16%	0.11%
	OMF	A	0.03%	0.07%	0.03%
	ONB	B	0.03%	0.03%	0.03%
	ORI	A	0.05%	0.1%	0.05%
	OTTR	C	0.02%	0.01%	0.01%
	OVV	B	0.06%	0.09%	0.06%
	OZK	B	0.03%	0.04%	0.03%
	PAG	B	0.02%	0.03%	0.02%
	PAYX	C	0.25%	0.14%	0.14%
	PB	A	0.04%	0.03%	0.03%
	PBF	D	0.02%	0.04%	0.02%
	PEG	A	0.25%	0.13%	0.13%
	PEP	F	1.29%	0.78%	0.78%
	PFE	D	0.91%	0.84%	0.84%
	PFG	D	0.11%	0.17%	0.11%
	PG	A	2.21%	1.5%	1.5%
	PII	D	0.02%	0.04%	0.02%
	PKG	A	0.11%	0.09%	0.09%
	PM	B	1.17%	0.84%	0.84%
	PNC	B	0.42%	0.46%	0.42%
	PNW	B	0.06%	0.04%	0.04%
	PPG	F	0.16%	0.08%	0.08%
	PPL	B	0.14%	0.08%	0.08%
	PR	B	0.05%	0.05%	0.05%
	PRGO	B	0.02%	0.02%	0.02%
	PRU	A	0.25%	0.35%	0.25%
	PSX	C	0.29%	0.44%	0.29%
	PTEN	C	0.02%	0.03%	0.02%
	R	B	0.04%	0.06%	0.04%
	RDN	C	0.03%	0.04%	0.03%
	REYN	D	0.01%	0.0%	0.0%
	RF	A	0.12%	0.14%	0.12%
	RHI	B	0.04%	0.06%	0.04%
	RL	B	0.05%	0.07%	0.05%
	ROK	B	0.17%	0.11%	0.11%
	RPRX	D	0.06%	0.05%	0.05%
	RRR	D	0.01%	0.01%	0.01%
	RTX	C	0.91%	1.04%	0.91%
	SBUX	A	0.63%	0.37%	0.37%
	SEE	C	0.03%	0.01%	0.01%
	SF	B	0.06%	0.07%	0.06%
	SHOO	D	0.02%	0.02%	0.02%
	SIRI	C	0.04%	0.02%	0.02%
	SJM	D	0.07%	0.08%	0.07%
	SLB	C	0.32%	0.19%	0.19%
	SMG	D	0.02%	0.01%	0.01%
	SNA	A	0.1%	0.08%	0.08%
	SNV	B	0.04%	0.04%	0.04%
	SO	D	0.57%	0.22%	0.22%
	SON	D	0.03%	0.02%	0.02%
	SRE	A	0.3%	0.17%	0.17%
	SSB	B	0.04%	0.02%	0.02%
	STX	D	0.11%	0.39%	0.11%
	SWK	D	0.08%	0.05%	0.05%
	SWKS	F	0.08%	0.29%	0.08%
	SXT	B	0.02%	0.01%	0.01%
	SYY	B	0.21%	0.19%	0.19%
	T	A	0.92%	1.2%	0.92%
	TAP	C	0.05%	0.07%	0.05%
	TFC	A	0.33%	0.33%	0.33%
	TFSL	A	0.0%	0.01%	0.0%
	TGT	F	0.39%	0.23%	0.23%
	THG	A	0.03%	0.02%	0.02%
	TPR	B	0.06%	0.1%	0.06%
	TRGP	B	0.21%	0.11%	0.11%
	TROW	B	0.14%	0.18%	0.14%
	TRV	B	0.32%	0.26%	0.26%
	TSN	B	0.09%	0.08%	0.08%
	TXN	C	1.05%	3.03%	1.05%
	UBSI	B	0.03%	0.02%	0.02%
	UCB	A	0.02%	0.01%	0.01%
	UGI	A	0.03%	0.03%	0.03%
	UNM	A	0.07%	0.07%	0.07%
	UNP	C	0.8%	0.48%	0.48%
	UPS	C	0.55%	0.71%	0.55%
	USB	A	0.37%	0.31%	0.31%
	VFC	C	0.04%	0.02%	0.02%
	VLY	B	0.02%	0.03%	0.02%
	VOYA	B	0.05%	0.06%	0.05%
	VSH	D	0.01%	0.06%	0.01%
	VTRS	A	0.08%	0.09%	0.08%
	VZ	C	1.01%	1.48%	1.01%
	WAL	B	0.05%	0.02%	0.02%
	WBA	F	0.04%	0.1%	0.04%
	WBS	A	0.05%	0.06%	0.05%
	WD	D	0.02%	0.01%	0.01%
	WEC	A	0.17%	0.11%	0.11%
	WEN	D	0.02%	0.03%	0.02%
	WFC	A	1.29%	2.42%	1.29%
	WH	B	0.04%	0.07%	0.04%
	WMB	A	0.36%	0.22%	0.22%
	WSO	A	0.09%	0.03%	0.03%
	WTRG	B	0.06%	0.01%	0.01%
	XEL	A	0.21%	0.1%	0.1%
	XOM	B	2.97%	2.91%	2.91%
	YUM	B	0.21%	0.12%	0.12%
	ZION	B	0.04%	0.05%	0.04%

VYM Overweight 204 Positions Relative to DIVB

	Symbol	Grade	Weight
	AVGO	D	4.38%
	WMT	A	2.02%
	QCOM	F	1.03%
	CMCSA	B	0.95%
	PGR	A	0.8%
	ETN	A	0.75%
	CB	C	0.65%
	ADI	D	0.63%
	MO	A	0.53%
	WM	A	0.49%
	GD	F	0.45%
	APO	B	0.42%
	NXPI	D	0.34%
	PCAR	B	0.3%
	MPC	D	0.29%
	VST	B	0.24%
	VLO	C	0.23%
	DD	D	0.2%
	GRMN	B	0.17%
	STT	A	0.16%
	ADM	D	0.15%
	HAL	C	0.14%
	HUBB	B	0.13%
	ATO	A	0.12%
	EQT	B	0.12%
	SYF	B	0.12%
	WRB	A	0.1%
	WSM	B	0.1%
	EG	C	0.09%
	CCEP	C	0.09%
	RPM	A	0.09%
	RS	B	0.09%
	RGA	A	0.08%
	NVT	B	0.07%
	BAP	B	0.07%
	DOX	D	0.06%
	CE	F	0.06%
	CRBG	B	0.05%
	MOS	F	0.05%
	HLI	B	0.05%
	SCCO	F	0.05%
	FOXA	B	0.05%
	AGCO	D	0.04%
	MTN	C	0.04%
	BBWI	D	0.04%
	RLI	B	0.04%
	OSK	B	0.04%
	FLS	B	0.04%
	CRS	A	0.04%
	RRC	B	0.04%
	XP	F	0.04%
	JXN	C	0.04%
	SWX	B	0.03%
	AL	B	0.03%
	SLM	A	0.03%
	POR	C	0.03%
	PIPR	B	0.03%
	PARA	C	0.03%
	GATX	A	0.03%
	UMBF	B	0.03%
	FOX	A	0.03%
	BCPC	B	0.03%
	WHR	B	0.03%
	NXST	C	0.03%
	TPG	A	0.03%
	CBT	C	0.03%
	LNC	B	0.03%
	DINO	D	0.03%
	CXT	B	0.02%
	VAC	B	0.02%
	STNG	F	0.02%
	MGRC	B	0.02%
	TRN	C	0.02%
	TGNA	B	0.02%
	BOH	B	0.02%
	SFNC	B	0.02%
	TDS	B	0.02%
	CWT	D	0.02%
	SLVM	B	0.02%
	FBP	B	0.02%
	EBC	B	0.02%
	TNL	A	0.02%
	CBU	B	0.02%
	YOU	D	0.02%
	NWE	B	0.02%
	FULT	A	0.02%
	AUB	B	0.02%
	LANC	C	0.02%
	SEM	B	0.02%
	GLNG	C	0.02%
	CALM	A	0.02%
	NOG	A	0.02%
	SR	A	0.02%
	HUN	F	0.02%
	KFY	B	0.02%
	WU	D	0.02%
	PNM	F	0.02%
	SFBS	B	0.02%
	XRX	F	0.01%
	JACK	D	0.01%
	DK	C	0.01%
	DAN	D	0.01%
	WMK	C	0.01%
	CNA	B	0.01%
	CBRL	C	0.01%
	OXM	D	0.01%
	KLG	C	0.01%
	FDP	B	0.01%
	SRCE	B	0.01%
	SCS	C	0.01%
	UI	A	0.01%
	NAVI	C	0.01%
	SAFT	C	0.01%
	DDS	B	0.01%
	BHLB	B	0.01%
	KALU	C	0.01%
	KW	B	0.01%
	UVV	B	0.01%
	WOR	F	0.01%
	EIG	B	0.01%
	SFL	D	0.01%
	BKE	B	0.01%
	BLMN	F	0.01%
	WABC	B	0.01%
	CSGS	B	0.01%
	HOPE	B	0.01%
	HTH	B	0.01%
	WT	B	0.01%
	STBA	B	0.01%
	TROX	D	0.01%
	VRTS	B	0.01%
	SASR	B	0.01%
	AY	B	0.01%
	NWN	A	0.01%
	HMN	B	0.01%
	BHE	B	0.01%
	WKC	D	0.01%
	UPBD	B	0.01%
	MLKN	D	0.01%
	WGO	C	0.01%
	LEG	F	0.01%
	LZB	B	0.01%
	SYBT	B	0.01%
	APOG	B	0.01%
	FCF	A	0.01%
	PDCO	D	0.01%
	HEES	B	0.01%
	TNC	D	0.01%
	NWBI	B	0.01%
	NTB	B	0.01%
	CHCO	B	0.01%
	PZZA	D	0.01%
	WLY	B	0.01%
	WSBC	A	0.01%
	GBX	A	0.01%
	SJW	D	0.01%
	SBLK	F	0.01%
	STRA	C	0.01%
	CABO	C	0.01%
	CRI	D	0.01%
	KMT	B	0.01%
	PHIN	A	0.01%
	NMRK	B	0.01%
	NBTB	B	0.01%
	KSS	F	0.01%
	TRMK	B	0.01%
	IBTX	B	0.01%
	RNST	B	0.01%
	PINC	B	0.01%
	B	B	0.01%
	FRME	B	0.01%
	BANR	B	0.01%
	BANF	B	0.01%
	CAKE	C	0.01%
	SBCF	A	0.01%
	TOWN	B	0.01%
	WAFD	B	0.01%
	ENR	B	0.01%
	HNI	B	0.01%
	ADTN	A	0.01%
	IGT	F	0.01%
	PFS	B	0.01%
	NOMD	D	0.01%
	FFBC	A	0.01%
	FIBK	A	0.01%
	PPBI	B	0.01%
	SPB	C	0.01%
	BFH	B	0.01%
	PRK	B	0.01%
	HTLF	B	0.01%
	JJSF	B	0.01%
	VIRT	B	0.01%
	CVBF	A	0.01%
	BKU	A	0.01%
	CPK	A	0.01%
	INDB	B	0.01%
	GES	F	0.0%
	NFE	D	0.0%
	RBCAA	B	0.0%
	SCHL	D	0.0%
	FG	B	0.0%
	SSTK	F	0.0%
	DLX	B	0.0%
	MATV	D	0.0%

VYM Underweight 107 Positions Relative to DIVB

	Symbol	Grade	Weight
	ACN	C	-3.56%
	TEL	B	-1.17%
	CTSH	B	-0.89%
	DE	A	-0.69%
	NKE	D	-0.65%
	CRH	A	-0.46%
	CSX	B	-0.45%
	NOC	D	-0.31%
	SPG	B	-0.3%
	PLD	D	-0.3%
	NUE	C	-0.28%
	AMT	D	-0.25%
	CCI	D	-0.24%
	STLD	B	-0.21%
	COF	B	-0.2%
	GPN	B	-0.19%
	PSA	D	-0.18%
	EXPD	D	-0.16%
	G	B	-0.16%
	WTW	B	-0.16%
	LH	C	-0.13%
	DG	F	-0.13%
	SW	A	-0.12%
	EXR	D	-0.11%
	KLIC	B	-0.1%
	AMCR	D	-0.1%
	EQR	B	-0.09%
	IRM	D	-0.08%
	DOC	D	-0.08%
	WY	D	-0.08%
	BXP	D	-0.07%
	MAA	B	-0.07%
	KIM	A	-0.07%
	AVB	B	-0.07%
	HST	C	-0.07%
	ESS	B	-0.07%
	SCI	B	-0.07%
	REG	B	-0.06%
	STWD	C	-0.06%
	HR	C	-0.06%
	MAS	D	-0.06%
	INVH	D	-0.06%
	EXE	B	-0.06%
	WPC	D	-0.06%
	CPT	B	-0.05%
	AOS	F	-0.05%
	LAMR	D	-0.05%
	VICI	C	-0.05%
	OWL	A	-0.05%
	BYD	C	-0.05%
	OHI	C	-0.04%
	CNXC	F	-0.04%
	CUBE	D	-0.04%
	CHH	A	-0.04%
	VTR	C	-0.04%
	RITM	C	-0.04%
	GLPI	C	-0.03%
	RHP	B	-0.03%
	XRAY	F	-0.03%
	ASH	D	-0.03%
	FHI	A	-0.03%
	HRI	B	-0.03%
	KRC	C	-0.03%
	LPX	B	-0.03%
	ELS	C	-0.03%
	DLB	B	-0.03%
	BRX	A	-0.03%
	KBH	D	-0.03%
	APLE	B	-0.02%
	CDP	C	-0.02%
	GOLF	B	-0.02%
	WMG	C	-0.02%
	PECO	A	-0.02%
	IIPR	D	-0.02%
	FR	C	-0.02%
	COLD	D	-0.02%
	THO	B	-0.02%
	AEO	F	-0.02%
	VCTR	B	-0.02%
	NHI	D	-0.02%
	PCH	D	-0.02%
	RUSHA	C	-0.02%
	CUZ	B	-0.02%
	MAC	B	-0.02%
	STAG	F	-0.02%
	SLG	B	-0.02%
	KRG	B	-0.02%
	UDR	B	-0.02%
	SBRA	C	-0.02%
	EPR	D	-0.02%
	FRT	B	-0.02%
	NNN	D	-0.02%
	AMH	D	-0.01%
	IPAR	B	-0.01%
	TXNM	A	-0.01%
	ADT	C	-0.01%
	LXP	D	-0.01%
	NEU	C	-0.01%
	SKT	B	-0.01%
	RYN	D	-0.01%
	IRT	A	-0.01%
	MAGN	F	-0.0%
	RUSHB	B	-0.0%
	AGNC	D	-0.0%
	CRK	B	-0.0%
	SITC	D	-0.0%
	ACT	D	-0.0%

VYM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Utilities - Regulated Electric Oil & Gas E&P Packaged Foods Insurance - Property & Casualty Utilities - Diversified Utilities - Regulated Gas Diversified Industrials Restaurants Specialty Chemicals Insurance - Life Oil & Gas Refining & Marketing Semiconductors Capital Markets Chemicals Credit Services Drug Manufacturers - Major Insurance - Diversified Packaging & Containers

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Nasdaq 100 Real Estate Loans Investment Bank Investment Management Insurance Products Mining Chemical Commercial Bank Life Insurance Trust Services Cash Management Electronics

DIVB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Asset Management Oil & Gas E&P REIT - Residential REIT - Retail Utilities - Diversified Packaged Foods Packaging & Containers REIT - Diversified Diversified Industrials REIT - Industrial Business Services Drug Manufacturers - Major Household & Personal Products Insurance - Property & Casualty Specialty Chemicals Insurance - Diversified Insurance - Life Insurance - Specialty

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Bank Banking Electricity Insurance Nasdaq 100 Commercial Banking Dow Jones Component Deposit Products Financial Products Investment Bank Real Estate Market Cash Management Insurance Products Chemical Plastic Life Insurance Mining