ACWI vs. BBSA ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA)

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund 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 is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$110.18

Average Daily Volume

2,455,064

Number of Holdings ^*

681

* may have additional holdings in another (foreign) market

BBSA

JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF

BBSA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$47.21

Average Daily Volume

1,901

Number of Holdings ^*

225

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	BBSA
30 Days	1.67%	0.72%
60 Days	2.16%	-0.21%
90 Days	4.92%	0.18%
12 Months	22.19%	1.94%

181 Overlapping Holdings

	Symbol	Grade	Weight in ACWI	Weight in BBSA	Overlap
	AAPL	B	3.76%	0.01%	0.01%
	ABBV	D	0.11%	0.01%	0.01%
	ABBV	D	0.39%	0.01%	0.01%
	ADBE	D	0.3%	0.02%	0.02%
	AEP	A	0.07%	0.01%	0.01%
	AER	A	0.02%	0.39%	0.02%
	AFL	A	0.07%	0.01%	0.01%
	AIG	A	0.08%	0.05%	0.05%
	ALL	B	0.06%	0.07%	0.06%
	ALLY	B	0.02%	0.23%	0.02%
	AMGN	B	0.23%	0.02%	0.02%
	AMP	C	0.06%	0.02%	0.02%
	AMT	D	0.12%	0.03%	0.03%
	AMZN	A	2.45%	0.09%	0.09%
	AON	F	0.08%	0.07%	0.07%
	APD	C	0.08%	0.1%	0.08%
	APTV	D	0.03%	0.05%	0.03%
	AVB	A	0.04%	0.01%	0.01%
	AVGO	C	0.8%	0.03%	0.03%
	AWK	B	0.04%	0.01%	0.01%
	AXP	A	0.2%	0.07%	0.07%
	BA	F	0.14%	0.01%	0.01%
	BAC	B	0.38%	0.1%	0.1%
	BEN	F	0.01%	0.03%	0.01%
	BG	B	0.02%	0.04%	0.02%
	BK	A	0.06%	0.02%	0.02%
	BMY	F	0.13%	0.02%	0.02%
	BXP	F	0.01%	0.03%	0.01%
	C	A	0.17%	0.02%	0.02%
	CARR	A	0.07%	0.02%	0.02%
	CAT	D	0.25%	0.01%	0.01%
	CCI	D	0.06%	0.07%	0.06%
	CE	C	0.02%	0.02%	0.02%
	CHTR	F	0.04%	0.03%	0.03%
	CI	D	0.14%	0.01%	0.01%
	CMCSA	D	0.22%	0.01%	0.01%
	CME	C	0.11%	0.01%	0.01%
	CMI	B	0.06%	0.23%	0.06%
	CNHI	D	0.02%	0.01%	0.01%
	COF	B	0.07%	0.14%	0.07%
	COP	C	0.2%	0.01%	0.01%
	CPB	B	0.01%	0.02%	0.01%
	CSCO	D	0.27%	0.01%	0.01%
	CSX	D	0.1%	0.05%	0.05%
	CVS	F	0.1%	0.01%	0.01%
	CVX	B	0.41%	0.01%	0.01%
	D	B	0.06%	0.06%	0.06%
	DD	A	0.05%	0.05%	0.05%
	DE	B	0.15%	0.01%	0.01%
	DELL	B	0.04%	0.04%	0.04%
	DFS	C	0.04%	0.06%	0.04%
	DHI	D	0.06%	0.05%	0.05%
	DHR	C	0.24%	0.05%	0.05%
	DIS	D	0.27%	0.03%	0.03%
	DTE	A	0.03%	0.01%	0.01%
	DUK	A	0.11%	0.05%	0.05%
	EBAY	D	0.04%	0.13%	0.04%
	EL	F	0.04%	0.04%	0.04%
	EOG	B	0.11%	0.06%	0.06%
	EQIX	F	0.1%	0.3%	0.1%
	ES	B	0.03%	0.01%	0.01%
	ESS	A	0.02%	0.01%	0.01%
	ETN	A	0.18%	0.04%	0.04%
	ETR	A	0.03%	0.01%	0.01%
	EXC	B	0.05%	0.01%	0.01%
	FCNCA	B	0.03%	0.05%	0.03%
	FDX	D	0.09%	0.04%	0.04%
	FIS	C	0.06%	0.02%	0.02%
	FITB	A	0.04%	0.03%	0.03%
	FOXA	B	0.02%	0.04%	0.02%
	GD	A	0.09%	0.02%	0.02%
	GE	A	0.25%	0.04%	0.04%
	GILD	F	0.11%	0.02%	0.02%
	GM	B	0.09%	0.13%	0.09%
	GOOGL	B	1.39%	0.02%	0.02%
	GPN	F	0.04%	0.04%	0.04%
	GS	A	0.21%	0.01%	0.01%
	HAS	B	0.01%	0.01%	0.01%
	HBAN	A	0.03%	0.02%	0.02%
	HCA	D	0.09%	0.03%	0.03%
	HD	D	0.48%	0.01%	0.01%
	HON	C	0.18%	0.01%	0.01%
	HPE	D	0.03%	0.04%	0.03%
	HPQ	C	0.04%	0.1%	0.04%
	HSY	B	0.04%	0.04%	0.04%
	HUM	F	0.06%	0.04%	0.04%
	IBM	D	0.21%	0.2%	0.2%
	ICE	C	0.11%	0.03%	0.03%
	INTC	F	0.18%	0.01%	0.01%
	JBHT	F	0.02%	0.01%	0.01%
	JNJ	F	0.5%	0.11%	0.11%
	JNPR	D	0.02%	0.04%	0.02%
	K	B	0.02%	0.02%	0.02%
	KDP	B	0.05%	0.01%	0.01%
	KMB	B	0.06%	0.04%	0.04%
	KMI	A	0.06%	0.05%	0.05%
	KO	A	0.36%	0.04%	0.04%
	KR	B	0.05%	0.01%	0.01%
	LDOS	A	0.03%	0.01%	0.01%
	LII	C	0.02%	0.01%	0.01%
	LLY	C	0.86%	0.04%	0.04%
	LMT	A	0.14%	0.01%	0.01%
	LOW	D	0.19%	0.02%	0.02%
	LUV	D	0.01%	0.01%	0.01%
	MA	D	0.53%	0.02%	0.02%
	MAA	B	0.02%	0.02%	0.02%
	MAR	D	0.08%	0.01%	0.01%
	MCD	F	0.27%	0.02%	0.02%
	MCK	B	0.1%	0.03%	0.03%
	MCO	C	0.09%	0.02%	0.02%
	MDLZ	B	0.13%	0.01%	0.01%
	MDT	D	0.15%	0.02%	0.02%
	MET	C	0.06%	0.01%	0.01%
	MKC	B	0.03%	0.2%	0.03%
	MMM	B	0.07%	0.02%	0.02%
	MO	A	0.11%	0.01%	0.01%
	MOS	F	0.01%	0.01%	0.01%
	MPC	D	0.1%	0.02%	0.02%
	MRK	B	0.46%	0.07%	0.07%
	MS	A	0.17%	0.01%	0.01%
	MSFT	C	4.04%	0.02%	0.02%
	MTB	A	0.04%	0.05%	0.04%
	NEE	B	0.21%	0.01%	0.01%
	NI	A	0.02%	0.02%	0.02%
	NKE	D	0.16%	0.05%	0.05%
	NSC	D	0.07%	0.01%	0.01%
	NTRS	C	0.02%	0.08%	0.02%
	NXPI	A	0.09%	0.01%	0.01%
	O	B	0.06%	0.05%	0.05%
	OKE	B	0.06%	0.08%	0.06%
	OMC	B	0.03%	0.03%	0.03%
	ORCL	D	0.27%	0.03%	0.03%
	PCAR	D	0.08%	0.01%	0.01%
	PCG	B	0.05%	0.02%	0.02%
	PEG	A	0.05%	0.01%	0.01%
	PEP	B	0.34%	0.01%	0.01%
	PFE	D	0.22%	0.01%	0.01%
	PG	A	0.54%	0.11%	0.11%
	PM	A	0.21%	0.01%	0.01%
	PNC	B	0.09%	0.03%	0.03%
	PPG	D	0.04%	0.01%	0.01%
	PRU	A	0.06%	0.05%	0.05%
	PSX	D	0.09%	0.02%	0.02%
	PYPL	C	0.09%	0.04%	0.04%
	QCOM	B	0.28%	0.1%	0.1%
	RF	B	0.03%	0.17%	0.03%
	ROP	D	0.08%	0.01%	0.01%
	RS	D	0.02%	0.04%	0.02%
	RTX	A	0.21%	0.03%	0.03%
	SBUX	F	0.12%	0.03%	0.03%
	SCCO	B	0.01%	0.01%	0.01%
	SCHW	A	0.16%	0.02%	0.02%
	SLB	F	0.1%	0.1%	0.1%
	SO	A	0.12%	0.01%	0.01%
	SPG	C	0.07%	0.13%	0.07%
	SRE	B	0.06%	0.02%	0.02%
	STT	C	0.03%	0.03%	0.03%
	SYF	B	0.03%	0.03%	0.03%
	SYK	D	0.16%	0.01%	0.01%
	SYY	D	0.05%	0.03%	0.03%
	T	B	0.17%	0.01%	0.01%
	TFC	B	0.07%	0.02%	0.02%
	TGT	D	0.1%	0.04%	0.04%
	TMUS	B	0.12%	0.04%	0.04%
	TSN	B	0.02%	0.02%	0.02%
	TXN	A	0.23%	0.02%	0.02%
	UNH	C	0.65%	0.03%	0.03%
	UNP	C	0.21%	0.04%	0.04%
	UPS	D	0.15%	0.04%	0.04%
	USB	D	0.09%	0.01%	0.01%
	V	C	0.61%	0.05%	0.05%
	VTRS	C	0.02%	0.03%	0.02%
	VZ	D	0.23%	0.01%	0.01%
	WELL	A	0.07%	0.03%	0.03%
	WFC	A	0.31%	0.01%	0.01%
	WM	B	0.12%	0.06%	0.06%
	WMB	A	0.07%	0.01%	0.01%
	WMT	C	0.37%	0.01%	0.01%
	WRK	A	0.02%	0.01%	0.01%
	XOM	B	0.74%	0.02%	0.02%
	ZBH	D	0.03%	0.03%	0.03%

ACWI Overweight 500 Positions Relative to BBSA

	Symbol	Grade	Weight
	NVDA	B	3.04%
	META	D	1.46%
	GOOG	B	1.23%
	JPM	B	0.79%
	BRK.A	D	0.74%
	TSLA	D	0.68%
	NVO	D	0.57%
	COST	B	0.48%
	CRM	D	0.37%
	NFLX	C	0.37%
	AMD	D	0.34%
	TM	D	0.33%
	TMO	D	0.31%
	LIN	D	0.29%
	NVS	B	0.28%
	ACN	D	0.27%
	ABT	F	0.25%
	AMAT	C	0.24%
	INTU	D	0.24%
	BABA	C	0.22%
	NOW	D	0.2%
	ISRG	D	0.19%
	SPGI	C	0.19%
	UBER	D	0.18%
	MU	B	0.18%
	UL	A	0.18%
	BKNG	B	0.18%
	PGR	A	0.17%
	ELV	A	0.17%
	MUFG	D	0.16%
	BLK	D	0.16%
	LRCX	D	0.16%
	VRTX	C	0.15%
	BSX	B	0.15%
	TJX	C	0.15%
	PLD	D	0.14%
	MMC	C	0.14%
	ADP	D	0.14%
	ADI	A	0.14%
	REGN	C	0.14%
	CB	C	0.14%
	PANW	B	0.13%
	FI	C	0.13%
	KLAC	A	0.13%
	SONY	F	0.13%
	BX	D	0.12%
	SNPS	D	0.12%
	CMG	A	0.12%
	APH	A	0.11%
	MELI	B	0.11%
	SHW	D	0.11%
	ZTS	D	0.11%
	CDNS	D	0.11%
	DEO	D	0.11%
	ANET	C	0.11%
	PDD	B	0.11%
	NOC	B	0.1%
	CEG	A	0.1%
	CNI	D	0.1%
	PH	B	0.1%
	FCX	B	0.1%
	CRWD	C	0.1%
	TDG	A	0.1%
	CL	A	0.1%
	SMFG	D	0.1%
	TT	A	0.1%
	IBN	B	0.1%
	ITW	D	0.1%
	ORLY	D	0.09%
	ABNB	D	0.09%
	EMR	C	0.09%
	BDX	F	0.09%
	CTAS	B	0.09%
	AZO	D	0.08%
	AJG	C	0.08%
	HLT	D	0.08%
	VLO	D	0.08%
	KKR	C	0.08%
	MRVL	D	0.08%
	ECL	A	0.08%
	MSI	A	0.08%
	NEM	B	0.07%
	MCHP	B	0.07%
	DXCM	D	0.07%
	HDB	D	0.07%
	TRV	D	0.07%
	WDAY	F	0.07%
	HMC	D	0.07%
	EW	D	0.07%
	CTVA	B	0.06%
	ACGL	A	0.06%
	MSCI	D	0.06%
	SMCI	D	0.06%
	LEN	D	0.06%
	IDXX	D	0.06%
	SQ	D	0.06%
	DOW	C	0.06%
	BCS	A	0.06%
	LULU	F	0.06%
	LHX	A	0.06%
	CNC	C	0.06%
	RSG	C	0.06%
	OXY	C	0.06%
	NUE	F	0.06%
	STZ	D	0.06%
	WCN	C	0.06%
	PSA	D	0.06%
	DLR	D	0.06%
	A	C	0.06%
	MNST	D	0.06%
	SNOW	F	0.06%
	HES	B	0.06%
	JCI	B	0.06%
	GWW	D	0.06%
	APO	C	0.06%
	IQV	D	0.06%
	MFG	D	0.06%
	GEV	C	0.06%
	FERG	B	0.06%
	TEL	C	0.06%
	ROST	D	0.06%
	STLA	D	0.06%
	LYG	A	0.06%
	ADSK	F	0.06%
	CPRT	D	0.06%
	URI	D	0.06%
	F	D	0.06%
	HAL	F	0.05%
	ADM	C	0.05%
	ED	A	0.05%
	XYL	A	0.05%
	BKR	D	0.05%
	FICO	C	0.05%
	IT	D	0.05%
	MPWR	B	0.05%
	GEHC	D	0.05%
	CTSH	D	0.05%
	RCL	A	0.05%
	FANG	B	0.05%
	VMC	C	0.05%
	KVUE	C	0.05%
	VST	B	0.05%
	VRSK	B	0.05%
	CSGP	C	0.05%
	VRT	A	0.05%
	COIN	D	0.05%
	IR	D	0.05%
	LNG	D	0.05%
	MLM	C	0.05%
	COR	D	0.05%
	E	C	0.05%
	FTNT	F	0.05%
	OTIS	D	0.05%
	ODFL	F	0.05%
	PAYX	D	0.05%
	YUM	C	0.05%
	PWR	B	0.05%
	TTD	B	0.05%
	AME	D	0.05%
	PLTR	D	0.05%
	MRNA	B	0.05%
	GIS	C	0.05%
	FAST	D	0.05%
	NVR	D	0.04%
	DLTR	F	0.04%
	GRMN	A	0.04%
	WEC	B	0.04%
	KEYS	D	0.04%
	CBRE	D	0.04%
	CHD	A	0.04%
	FTV	D	0.04%
	LYB	C	0.04%
	DOV	A	0.04%
	STM	F	0.04%
	WST	D	0.04%
	PHM	B	0.04%
	RJF	C	0.04%
	HUBS	D	0.04%
	TCOM	A	0.04%
	TEAM	F	0.04%
	GLW	B	0.04%
	EIX	A	0.04%
	WTW	D	0.04%
	VICI	B	0.04%
	TSCO	B	0.04%
	ANSS	D	0.04%
	BIDU	C	0.04%
	EXR	D	0.04%
	XEL	C	0.04%
	DASH	D	0.04%
	ROK	F	0.04%
	GOLD	B	0.04%
	EFX	D	0.04%
	WAB	A	0.04%
	MTD	D	0.04%
	KHC	C	0.04%
	RMD	B	0.04%
	DG	D	0.04%
	CDW	F	0.04%
	VEEV	D	0.04%
	DDOG	D	0.04%
	ON	F	0.04%
	HIG	C	0.04%
	BIIB	C	0.04%
	DVN	B	0.04%
	EA	F	0.04%
	HWM	A	0.04%
	ALNY	D	0.03%
	ATO	A	0.03%
	IEX	D	0.03%
	DRI	F	0.03%
	STX	C	0.03%
	CINF	D	0.03%
	UMC	C	0.03%
	WBD	F	0.03%
	TER	B	0.03%
	AEE	C	0.03%
	WAT	D	0.03%
	TXT	D	0.03%
	HOLX	D	0.03%
	GDDY	A	0.03%
	WSM	B	0.03%
	FSLR	B	0.03%
	VTR	B	0.03%
	LPLA	B	0.03%
	ULTA	F	0.03%
	TYL	A	0.03%
	COO	D	0.03%
	CPAY	B	0.03%
	ENTG	D	0.03%
	AVY	A	0.03%
	NRG	B	0.03%
	PFG	C	0.03%
	PPL	A	0.03%
	KB	B	0.03%
	ALGN	F	0.03%
	CNP	B	0.03%
	MOH	D	0.03%
	FE	A	0.03%
	BRO	C	0.03%
	CSL	A	0.03%
	AXON	B	0.03%
	BAH	B	0.03%
	CTRA	B	0.03%
	PTC	D	0.03%
	GIB	D	0.03%
	NET	F	0.03%
	VLTO	A	0.03%
	MKL	A	0.03%
	HUBB	D	0.03%
	WY	F	0.03%
	BALL	B	0.03%
	ARE	D	0.03%
	NDAQ	D	0.03%
	WDC	B	0.03%
	BLDR	D	0.03%
	SBAC	D	0.03%
	INVH	B	0.03%
	ARES	A	0.03%
	DECK	D	0.03%
	TRGP	B	0.03%
	STLD	D	0.03%
	EQR	A	0.03%
	GPC	B	0.03%
	STE	D	0.03%
	TTWO	D	0.03%
	PINS	A	0.03%
	IRM	C	0.03%
	IFF	A	0.03%
	BR	D	0.03%
	TROW	D	0.03%
	CAH	F	0.03%
	SE	B	0.03%
	NTAP	B	0.03%
	MDB	F	0.03%
	ELS	D	0.02%
	DOCU	B	0.02%
	TAP	F	0.02%
	KMX	D	0.02%
	APA	F	0.02%
	HII	D	0.02%
	EMN	A	0.02%
	CRL	D	0.02%
	SJM	F	0.02%
	ACM	C	0.02%
	UDR	B	0.02%
	UTHR	B	0.02%
	BSY	A	0.02%
	TPL	C	0.02%
	PODD	C	0.02%
	UHS	D	0.02%
	TECH	B	0.02%
	AOS	C	0.02%
	GEN	F	0.02%
	DKS	C	0.02%
	BAP	B	0.02%
	LW	F	0.02%
	XRX	F	0.02%
	TW	A	0.02%
	CELH	D	0.02%
	LKQ	D	0.02%
	DT	F	0.02%
	WBA	F	0.02%
	BURL	D	0.02%
	IP	C	0.02%
	MGM	F	0.02%
	JKHY	D	0.02%
	OVV	C	0.02%
	ALLE	D	0.02%
	NBIX	B	0.02%
	HEI	A	0.02%
	KIM	C	0.02%
	HST	D	0.02%
	RBLX	C	0.02%
	YUMC	F	0.02%
	EVRG	B	0.02%
	L	A	0.02%
	SWK	F	0.02%
	LNT	B	0.02%
	AES	B	0.02%
	SHG	B	0.02%
	DOC	A	0.02%
	WPC	C	0.02%
	MANH	D	0.02%
	RVTY	D	0.02%
	KEY	C	0.02%
	POOL	F	0.02%
	SSNC	C	0.02%
	IPG	D	0.02%
	LOGI	D	0.02%
	ROL	B	0.02%
	NDSN	C	0.02%
	CF	F	0.02%
	CHT	C	0.02%
	BBY	D	0.02%
	CCL	F	0.02%
	FWONK	B	0.02%
	GGG	D	0.02%
	RPM	D	0.02%
	ZM	F	0.02%
	TRMB	D	0.02%
	BMRN	F	0.02%
	SWKS	F	0.02%
	CHKP	D	0.02%
	APP	B	0.02%
	DGX	B	0.02%
	EQT	B	0.02%
	ZS	F	0.02%
	CAG	B	0.02%
	ALB	C	0.02%
	JBL	D	0.02%
	VRSN	F	0.02%
	CCEP	A	0.02%
	PNR	C	0.02%
	ENPH	F	0.02%
	AKAM	D	0.02%
	AMCR	A	0.02%
	EXPE	F	0.02%
	LI	F	0.02%
	TRU	C	0.02%
	PKG	D	0.02%
	SUI	D	0.02%
	ZBRA	A	0.02%
	OC	B	0.02%
	SNA	D	0.02%
	WRB	D	0.02%
	FNF	B	0.02%
	MAS	D	0.02%
	OKTA	D	0.02%
	WSO	B	0.02%
	EG	C	0.02%
	LVS	D	0.02%
	SNAP	B	0.02%
	LYV	D	0.02%
	AVTR	D	0.02%
	EQH	A	0.02%
	MRO	D	0.02%
	CLX	F	0.02%
	BAX	F	0.02%
	J	D	0.02%
	EXPD	D	0.02%
	NMR	D	0.02%
	CFG	A	0.02%
	TEVA	B	0.02%
	LH	F	0.02%
	DPZ	B	0.02%
	DKNG	D	0.02%
	ILMN	F	0.02%
	CMS	A	0.02%
	FDS	D	0.02%
	TDY	D	0.02%
	XPEV	F	0.01%
	KEP	D	0.01%
	BZ	B	0.01%
	LSXMK	D	0.01%
	VIPS	D	0.01%
	LBTYK	F	0.01%
	MNDY	D	0.01%
	BILL	F	0.01%
	FUTU	B	0.01%
	UHAL	B	0.01%
	WLK	B	0.01%
	BVN	B	0.01%
	LBRDK	F	0.01%
	TAL	B	0.01%
	U	F	0.01%
	GRAB	B	0.01%
	CFLT	C	0.01%
	AZPN	D	0.01%
	H	D	0.01%
	ZTO	C	0.01%
	PARA	C	0.01%
	Z	F	0.01%
	BIO	F	0.01%
	IOT	B	0.01%
	PATH	D	0.01%
	DAR	D	0.01%
	RIVN	F	0.01%
	ROKU	F	0.01%
	WIT	D	0.01%
	ACI	D	0.01%
	WIX	D	0.01%
	HOOD	C	0.01%
	JAZZ	D	0.01%
	PCTY	D	0.01%
	DBX	F	0.01%
	CZR	F	0.01%
	ETSY	F	0.01%
	MTCH	F	0.01%
	DVA	B	0.01%
	NIO	C	0.01%
	AGCO	F	0.01%
	KNX	D	0.01%
	RHI	D	0.01%
	TOST	A	0.01%
	DAL	A	0.01%
	CG	D	0.01%
	MKTX	F	0.01%
	DAY	F	0.01%
	MTN	F	0.01%
	HTHT	B	0.01%
	DINO	D	0.01%
	BGNE	C	0.01%
	LEA	F	0.01%
	GL	F	0.01%
	CLF	F	0.01%
	PAYC	F	0.01%
	FMC	B	0.01%
	SOLV	C	0.01%
	BWA	B	0.01%
	FBIN	D	0.01%
	TTC	F	0.01%
	WTRG	B	0.01%
	RGEN	F	0.01%
	TME	B	0.01%
	EXAS	F	0.01%
	NLY	A	0.01%
	TS	F	0.01%
	LSCC	F	0.01%
	CTLT	D	0.01%
	CHRW	C	0.01%
	CHK	B	0.01%
	INCY	D	0.01%
	NWSA	D	0.01%
	QRVO	F	0.01%
	AIZ	D	0.01%
	RPRX	F	0.01%
	TFX	F	0.01%
	REG	F	0.01%
	TWLO	D	0.01%
	WYNN	D	0.01%
	CPT	B	0.01%
	BBWI	C	0.01%
	CCK	C	0.01%
	AFG	C	0.01%
	SEIC	C	0.01%
	HSIC	D	0.01%
	HRL	B	0.01%
	FFIV	D	0.01%
	GLPI	D	0.01%
	HEI	A	0.01%
	AMH	B	0.01%
	AU	B	0.01%
	ERIE	C	0.01%
	EPAM	D	0.01%
	BEKE	B	0.01%
	CYBR	D	0.01%
	KT	D	0.0%
	IQ	C	0.0%
	ATHM	B	0.0%
	SKM	D	0.0%
	QFIN	A	0.0%
	DOOO	C	0.0%
	MNSO	B	0.0%
	SIRI	F	0.0%
	SBSW	D	0.0%
	GLBE	F	0.0%
	BILI	B	0.0%
	LEGN	F	0.0%
	LPL	D	0.0%

ACWI Underweight 45 Positions Relative to BBSA

	Symbol	Grade	Weight
	VLY	F	-0.18%
	VNT	D	-0.17%
	EPD	B	-0.12%
	EDC	B	-0.09%
	HSBC	A	-0.08%
	GP	F	-0.07%
	DB	B	-0.07%
	BCSF	B	-0.06%
	FHN	A	-0.06%
	FRT	B	-0.06%
	MPLX	A	-0.06%
	IVZ	D	-0.05%
	CM	C	-0.05%
	PXD	B	-0.04%
	CMA	B	-0.04%
	COMM	F	-0.04%
	BNS	D	-0.03%
	RY	A	-0.03%
	VOYA	B	-0.02%
	ORI	A	-0.02%
	MHK	D	-0.02%
	KMPR	B	-0.02%
	AWH	F	-0.02%
	AGR	B	-0.02%
	BRX	C	-0.02%
	DXC	F	-0.02%
	FNA	F	-0.02%
	R	A	-0.02%
	BERY	D	-0.01%
	KD	A	-0.01%
	EQNR	C	-0.01%
	AZN	A	-0.01%
	AL	B	-0.01%
	CASH	B	-0.01%
	GSK	A	-0.01%
	GBDC	B	-0.01%
	WU	C	-0.01%
	SF	A	-0.01%
	JHG	A	-0.01%
	VOD	F	-0.01%
	ET	A	-0.01%
	BMO	C	-0.01%
	TD	F	-0.01%
	FR	D	-0.01%
	FN	C	-0.01%

ACWI: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Semiconductors Utilities - Regulated Electric Software - Infrastructure Specialty Retail Biotechnology Business Services Diagnostics & Research Internet Content & Information Asset Management Capital Markets Oil & Gas E&P Aerospace & Defense Auto Manufacturers Banks - Regional - US Drug Manufacturers - Major Information Technology Services REIT - Residential Specialty Chemicals

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

BBSA: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Drug Manufacturers - Major Banks - Global Credit Services Utilities - Regulated Electric Oil & Gas Midstream Capital Markets Diversified Industrials Semiconductors Telecom Services Utilities - Diversified Aerospace & Defense Communication Equipment Health Care Plans Information Technology Services Medical Devices REIT - Retail Beverages - Soft Drinks Chemicals

Keywords: S&P 500 Nasdaq 100 Bank Dow Jones Component Natural Gas Banking Electricity Financial Products Insurance Investment Bank Cash Management Commercial Banking Computing Investment Management Insurance Products Telecommunications Crude Oil Electronics Disability Investment Banking