ACWI vs. ILCB ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to iShares Morningstar U.S. Equity ETF (ILCB)

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

$120.38

Average Daily Volume

1,887,460

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-capitalization U.S. equities. 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. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$82.76

Average Daily Volume

40,854

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	ILCB
30 Days	1.37%	3.62%
60 Days	1.84%	4.81%
90 Days	2.98%	6.51%
12 Months	25.51%	32.50%

571 Overlapping Holdings

	Symbol	Grade	Weight in ACWI	Weight in ILCB	Overlap
	A	D	0.05%	0.07%	0.05%
	AAPL	C	4.24%	6.21%	4.24%
	ABBV	D	0.38%	0.56%	0.38%
	ABNB	C	0.07%	0.11%	0.07%
	ABT	B	0.26%	0.39%	0.26%
	ACGL	D	0.05%	0.07%	0.05%
	ACI	C	0.01%	0.01%	0.01%
	ACM	B	0.02%	0.03%	0.02%
	ACN	C	0.28%	0.43%	0.28%
	ADBE	C	0.28%	0.43%	0.28%
	ADI	D	0.14%	0.2%	0.14%
	ADM	D	0.03%	0.05%	0.03%
	ADP	B	0.15%	0.23%	0.15%
	ADSK	A	0.08%	0.12%	0.08%
	AEE	A	0.03%	0.05%	0.03%
	AEP	D	0.06%	0.1%	0.06%
	AES	F	0.01%	0.02%	0.01%
	AFG	A	0.01%	0.02%	0.01%
	AFL	B	0.08%	0.11%	0.08%
	AIG	B	0.07%	0.09%	0.07%
	AJG	B	0.08%	0.12%	0.08%
	AKAM	D	0.02%	0.03%	0.02%
	ALB	C	0.02%	0.02%	0.02%
	ALGN	F	0.02%	0.03%	0.02%
	ALL	A	0.07%	0.1%	0.07%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.01%	0.02%	0.01%
	ALNY	D	0.04%	0.06%	0.04%
	AMAT	F	0.18%	0.27%	0.18%
	AMCR	D	0.02%	0.03%	0.02%
	AMD	F	0.29%	0.42%	0.29%
	AME	A	0.06%	0.09%	0.06%
	AMGN	D	0.19%	0.29%	0.19%
	AMH	D	0.02%	0.02%	0.02%
	AMP	A	0.07%	0.11%	0.07%
	AMT	D	0.12%	0.18%	0.12%
	AMZN	C	2.45%	3.7%	2.45%
	ANET	C	0.13%	0.19%	0.13%
	ANSS	B	0.04%	0.06%	0.04%
	AON	A	0.1%	0.16%	0.1%
	AOS	F	0.01%	0.02%	0.01%
	APA	D	0.01%	0.02%	0.01%
	APD	A	0.09%	0.14%	0.09%
	APH	A	0.11%	0.16%	0.11%
	APO	B	0.09%	0.13%	0.09%
	APP	B	0.08%	0.12%	0.08%
	APTV	D	0.02%	0.02%	0.02%
	ARE	D	0.02%	0.03%	0.02%
	ARES	A	0.04%	0.06%	0.04%
	ATO	A	0.03%	0.04%	0.03%
	AVB	B	0.04%	0.06%	0.04%
	AVGO	D	0.93%	1.45%	0.93%
	AVTR	F	0.02%	0.03%	0.02%
	AVY	D	0.02%	0.03%	0.02%
	AWK	D	0.03%	0.05%	0.03%
	AXON	A	0.06%	0.08%	0.06%
	AXP	A	0.21%	0.31%	0.21%
	AZO	C	0.07%	0.1%	0.07%
	AZPN	A	0.01%	0.01%	0.01%
	BA	F	0.14%	0.2%	0.14%
	BAC	A	0.42%	0.61%	0.42%
	BAH	F	0.02%	0.04%	0.02%
	BALL	D	0.02%	0.04%	0.02%
	BAX	D	0.02%	0.03%	0.02%
	BBY	D	0.02%	0.03%	0.02%
	BDX	F	0.08%	0.13%	0.08%
	BEN	C	0.01%	0.01%	0.01%
	BG	F	0.02%	0.02%	0.02%
	BIIB	F	0.03%	0.04%	0.03%
	BK	A	0.07%	0.11%	0.07%
	BKNG	A	0.22%	0.32%	0.22%
	BKR	B	0.05%	0.08%	0.05%
	BLDR	D	0.03%	0.04%	0.03%
	BLK	C	0.19%	0.3%	0.19%
	BMRN	D	0.01%	0.02%	0.01%
	BMY	B	0.15%	0.22%	0.15%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	0.79%	1.63%	0.79%
	BRO	B	0.03%	0.05%	0.03%
	BSX	B	0.17%	0.25%	0.17%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.02%	0.03%	0.02%
	BX	A	0.17%	0.25%	0.17%
	BXP	D	0.01%	0.02%	0.01%
	C	A	0.17%	0.25%	0.17%
	CAG	D	0.02%	0.02%	0.02%
	CAH	B	0.04%	0.06%	0.04%
	CARR	D	0.08%	0.12%	0.08%
	CAT	B	0.24%	0.36%	0.24%
	CB	C	0.14%	0.21%	0.14%
	CBRE	B	0.05%	0.08%	0.05%
	CCI	D	0.06%	0.09%	0.06%
	CCK	C	0.01%	0.02%	0.01%
	CCL	B	0.03%	0.05%	0.03%
	CDNS	B	0.11%	0.15%	0.11%
	CDW	F	0.03%	0.05%	0.03%
	CE	F	0.01%	0.02%	0.01%
	CEG	D	0.09%	0.14%	0.09%
	CELH	F	0.01%	0.01%	0.01%
	CF	B	0.02%	0.03%	0.02%
	CFG	B	0.03%	0.04%	0.03%
	CG	A	0.01%	0.02%	0.01%
	CHD	B	0.03%	0.05%	0.03%
	CHTR	C	0.05%	0.07%	0.05%
	CI	F	0.12%	0.17%	0.12%
	CINF	A	0.03%	0.05%	0.03%
	CL	D	0.09%	0.15%	0.09%
	CLX	B	0.03%	0.04%	0.03%
	CMCSA	B	0.21%	0.32%	0.21%
	CME	A	0.1%	0.16%	0.1%
	CMG	B	0.1%	0.15%	0.1%
	CMI	A	0.06%	0.1%	0.06%
	CMS	C	0.02%	0.04%	0.02%
	CNC	D	0.04%	0.06%	0.04%
	CNH	C	0.01%	0.02%	0.01%
	CNP	B	0.03%	0.04%	0.03%
	COF	B	0.09%	0.14%	0.09%
	COIN	C	0.08%	0.12%	0.08%
	COO	D	0.03%	0.04%	0.03%
	COP	C	0.17%	0.25%	0.17%
	COR	B	0.05%	0.08%	0.05%
	COST	B	0.53%	0.78%	0.53%
	CPAY	A	0.03%	0.05%	0.03%
	CPB	D	0.01%	0.02%	0.01%
	CPRT	A	0.06%	0.1%	0.06%
	CPT	B	0.02%	0.02%	0.02%
	CRH	A	0.09%	0.13%	0.09%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.4%	0.58%	0.4%
	CRWD	B	0.1%	0.15%	0.1%
	CSCO	B	0.29%	0.45%	0.29%
	CSGP	D	0.04%	0.06%	0.04%
	CSL	C	0.03%	0.04%	0.03%
	CSX	B	0.09%	0.13%	0.09%
	CTAS	B	0.1%	0.14%	0.1%
	CTRA	B	0.02%	0.04%	0.02%
	CTSH	B	0.05%	0.07%	0.05%
	CTVA	C	0.05%	0.07%	0.05%
	CVS	D	0.09%	0.13%	0.09%
	CVX	A	0.36%	0.53%	0.36%
	D	C	0.06%	0.09%	0.06%
	DAL	C	0.01%	0.08%	0.01%
	DASH	A	0.07%	0.1%	0.07%
	DAY	B	0.01%	0.02%	0.01%
	DD	D	0.04%	0.07%	0.04%
	DDOG	A	0.05%	0.07%	0.05%
	DE	A	0.13%	0.19%	0.13%
	DECK	A	0.03%	0.05%	0.03%
	DELL	C	0.05%	0.07%	0.05%
	DFS	B	0.06%	0.09%	0.06%
	DG	F	0.02%	0.03%	0.02%
	DGX	A	0.02%	0.03%	0.02%
	DHI	D	0.06%	0.09%	0.06%
	DHR	F	0.2%	0.29%	0.2%
	DINO	D	0.01%	0.01%	0.01%
	DIS	B	0.26%	0.4%	0.26%
	DKNG	B	0.02%	0.04%	0.02%
	DKS	C	0.02%	0.02%	0.02%
	DLR	B	0.08%	0.11%	0.08%
	DLTR	F	0.02%	0.03%	0.02%
	DOC	D	0.02%	0.03%	0.02%
	DOCU	A	0.02%	0.03%	0.02%
	DOV	A	0.04%	0.05%	0.04%
	DOW	F	0.04%	0.06%	0.04%
	DPZ	C	0.02%	0.03%	0.02%
	DRI	B	0.03%	0.04%	0.03%
	DT	C	0.02%	0.03%	0.02%
	DTE	C	0.03%	0.05%	0.03%
	DUK	C	0.11%	0.17%	0.11%
	DVA	B	0.01%	0.02%	0.01%
	DVN	F	0.03%	0.05%	0.03%
	DXCM	D	0.04%	0.06%	0.04%
	EA	A	0.05%	0.08%	0.05%
	EBAY	D	0.04%	0.06%	0.04%
	ECL	D	0.08%	0.12%	0.08%
	ED	D	0.04%	0.06%	0.04%
	EFX	F	0.04%	0.06%	0.04%
	EG	C	0.02%	0.03%	0.02%
	EIX	B	0.04%	0.06%	0.04%
	EL	F	0.02%	0.03%	0.02%
	ELS	C	0.02%	0.02%	0.02%
	ELV	F	0.12%	0.18%	0.12%
	EME	C	0.03%	0.05%	0.03%
	EMN	D	0.01%	0.02%	0.01%
	EMR	A	0.09%	0.14%	0.09%
	ENPH	F	0.01%	0.02%	0.01%
	ENTG	D	0.02%	0.03%	0.02%
	EOG	A	0.1%	0.15%	0.1%
	EPAM	C	0.02%	0.03%	0.02%
	EQH	B	0.02%	0.02%	0.02%
	EQIX	A	0.11%	0.16%	0.11%
	EQR	B	0.03%	0.05%	0.03%
	EQT	B	0.03%	0.05%	0.03%
	ERIE	D	0.01%	0.02%	0.01%
	ES	D	0.03%	0.04%	0.03%
	ESS	B	0.02%	0.04%	0.02%
	ETN	A	0.19%	0.28%	0.19%
	ETR	B	0.04%	0.06%	0.04%
	EVRG	A	0.02%	0.03%	0.02%
	EW	C	0.05%	0.08%	0.05%
	EXAS	D	0.01%	0.02%	0.01%
	EXC	C	0.05%	0.08%	0.05%
	EXE	B	0.02%	0.04%	0.02%
	EXPD	D	0.02%	0.03%	0.02%
	EXPE	B	0.03%	0.04%	0.03%
	EXR	D	0.05%	0.07%	0.05%
	F	C	0.05%	0.08%	0.05%
	FANG	D	0.04%	0.06%	0.04%
	FAST	B	0.06%	0.09%	0.06%
	FCNCA	A	0.03%	0.05%	0.03%
	FCX	D	0.08%	0.12%	0.08%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.09%	0.13%	0.09%
	FE	C	0.03%	0.04%	0.03%
	FERG	B	0.05%	0.08%	0.05%
	FFIV	B	0.02%	0.03%	0.02%
	FI	A	0.16%	0.23%	0.16%
	FICO	B	0.07%	0.11%	0.07%
	FIS	C	0.06%	0.09%	0.06%
	FITB	A	0.04%	0.06%	0.04%
	FNF	B	0.02%	0.03%	0.02%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.01%	0.02%	0.01%
	FSLR	F	0.02%	0.04%	0.02%
	FTNT	C	0.07%	0.12%	0.07%
	FTV	C	0.03%	0.05%	0.03%
	FWONK	B	0.02%	0.03%	0.02%
	GD	F	0.08%	0.14%	0.08%
	GDDY	A	0.03%	0.05%	0.03%
	GE	D	0.25%	0.37%	0.25%
	GEHC	F	0.04%	0.06%	0.04%
	GEN	B	0.02%	0.03%	0.02%
	GEV	B	0.12%	0.17%	0.12%
	GGG	B	0.02%	0.03%	0.02%
	GILD	C	0.14%	0.21%	0.14%
	GIS	D	0.04%	0.07%	0.04%
	GLPI	C	0.02%	0.02%	0.02%
	GLW	B	0.05%	0.07%	0.05%
	GM	B	0.08%	0.12%	0.08%
	GOOG	C	1.16%	1.74%	1.16%
	GOOGL	C	1.34%	1.95%	1.34%
	GPC	D	0.02%	0.03%	0.02%
	GPN	B	0.04%	0.06%	0.04%
	GRMN	B	0.04%	0.06%	0.04%
	GS	A	0.24%	0.37%	0.24%
	GWW	B	0.07%	0.1%	0.07%
	HAL	C	0.03%	0.05%	0.03%
	HBAN	A	0.03%	0.05%	0.03%
	HCA	F	0.09%	0.12%	0.09%
	HD	A	0.52%	0.78%	0.52%
	HEI	B	0.02%	0.02%	0.02%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.02%	0.02%	0.02%
	HES	B	0.05%	0.08%	0.05%
	HIG	B	0.05%	0.07%	0.05%
	HII	D	0.01%	0.01%	0.01%
	HLT	A	0.08%	0.12%	0.08%
	HOLX	D	0.02%	0.04%	0.02%
	HON	B	0.19%	0.29%	0.19%
	HOOD	B	0.02%	0.03%	0.02%
	HPE	B	0.03%	0.05%	0.03%
	HPQ	A	0.05%	0.07%	0.05%
	HRL	D	0.01%	0.02%	0.01%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.03%	0.05%	0.03%
	HUBB	B	0.03%	0.04%	0.03%
	HUBS	A	0.04%	0.07%	0.04%
	HUM	C	0.04%	0.06%	0.04%
	HWM	A	0.06%	0.09%	0.06%
	IBM	C	0.24%	0.36%	0.24%
	ICE	C	0.11%	0.17%	0.11%
	IDXX	F	0.04%	0.07%	0.04%
	IEX	B	0.02%	0.03%	0.02%
	IFF	D	0.03%	0.04%	0.03%
	ILMN	D	0.03%	0.04%	0.03%
	INCY	C	0.01%	0.02%	0.01%
	INTC	D	0.13%	0.2%	0.13%
	INTU	C	0.23%	0.37%	0.23%
	INVH	D	0.03%	0.04%	0.03%
	IP	B	0.02%	0.04%	0.02%
	IPG	D	0.01%	0.02%	0.01%
	IQV	D	0.04%	0.07%	0.04%
	IR	B	0.05%	0.08%	0.05%
	IRM	D	0.04%	0.06%	0.04%
	ISRG	A	0.24%	0.36%	0.24%
	IT	C	0.05%	0.08%	0.05%
	ITW	B	0.1%	0.15%	0.1%
	J	F	0.02%	0.03%	0.02%
	JBHT	C	0.02%	0.03%	0.02%
	JBL	B	0.02%	0.03%	0.02%
	JCI	C	0.07%	0.11%	0.07%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	D	0.47%	0.71%	0.47%
	JNPR	F	0.01%	0.02%	0.01%
	JPM	A	0.89%	1.34%	0.89%
	K	A	0.03%	0.04%	0.03%
	KDP	D	0.05%	0.07%	0.05%
	KEY	B	0.02%	0.03%	0.02%
	KEYS	A	0.03%	0.05%	0.03%
	KHC	F	0.03%	0.05%	0.03%
	KIM	A	0.02%	0.03%	0.02%
	KKR	A	0.12%	0.19%	0.12%
	KLAC	D	0.11%	0.16%	0.11%
	KMB	D	0.06%	0.09%	0.06%
	KMI	A	0.07%	0.1%	0.07%
	KMX	B	0.02%	0.02%	0.02%
	KO	D	0.33%	0.46%	0.33%
	KR	B	0.05%	0.08%	0.05%
	KVUE	A	0.06%	0.08%	0.06%
	L	A	0.02%	0.03%	0.02%
	LDOS	C	0.03%	0.04%	0.03%
	LEN	D	0.05%	0.0%	0.0%
	LEN	D	0.05%	0.08%	0.05%
	LH	C	0.03%	0.04%	0.03%
	LHX	C	0.06%	0.09%	0.06%
	LII	A	0.03%	0.04%	0.03%
	LIN	D	0.27%	0.41%	0.27%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	0.75%	1.22%	0.75%
	LMT	D	0.15%	0.22%	0.15%
	LNG	B	0.07%	0.09%	0.07%
	LNT	A	0.02%	0.03%	0.02%
	LOW	D	0.19%	0.3%	0.19%
	LPLA	A	0.03%	0.05%	0.03%
	LRCX	F	0.12%	0.18%	0.12%
	LULU	C	0.04%	0.07%	0.04%
	LUV	C	0.01%	0.04%	0.01%
	LVS	C	0.02%	0.04%	0.02%
	LW	C	0.01%	0.02%	0.01%
	LYB	F	0.03%	0.04%	0.03%
	LYV	A	0.03%	0.04%	0.03%
	MA	C	0.55%	0.82%	0.55%
	MAA	B	0.02%	0.04%	0.02%
	MANH	D	0.02%	0.03%	0.02%
	MAR	B	0.09%	0.12%	0.09%
	MAS	D	0.02%	0.03%	0.02%
	MCD	D	0.27%	0.41%	0.27%
	MCHP	F	0.04%	0.06%	0.04%
	MCK	B	0.1%	0.15%	0.1%
	MCO	B	0.1%	0.14%	0.1%
	MDB	C	0.03%	0.04%	0.03%
	MDLZ	F	0.11%	0.17%	0.11%
	MDT	D	0.14%	0.22%	0.14%
	MELI	D	0.11%	0.18%	0.11%
	MET	A	0.07%	0.1%	0.07%
	META	D	1.57%	2.34%	1.57%
	MGM	D	0.01%	0.02%	0.01%
	MKC	D	0.02%	0.04%	0.02%
	MKL	A	0.03%	0.04%	0.03%
	MLM	B	0.05%	0.07%	0.05%
	MMC	B	0.14%	0.21%	0.14%
	MMM	D	0.09%	0.14%	0.09%
	MNST	C	0.05%	0.07%	0.05%
	MO	A	0.12%	0.18%	0.12%
	MOH	F	0.02%	0.03%	0.02%
	MOS	F	0.01%	0.02%	0.01%
	MPC	D	0.07%	0.1%	0.07%
	MPWR	F	0.04%	0.05%	0.04%
	MRK	F	0.31%	0.47%	0.31%
	MRNA	F	0.02%	0.02%	0.02%
	MRO	B	0.02%	0.03%	0.02%
	MRVL	B	0.1%	0.15%	0.1%
	MS	A	0.21%	0.32%	0.21%
	MSCI	C	0.06%	0.09%	0.06%
	MSFT	F	3.76%	5.94%	3.76%
	MSI	B	0.1%	0.16%	0.1%
	MSTR	C	0.09%	0.12%	0.09%
	MTB	A	0.05%	0.07%	0.05%
	MTD	D	0.03%	0.05%	0.03%
	MU	D	0.14%	0.21%	0.14%
	NBIX	C	0.01%	0.02%	0.01%
	NDAQ	A	0.04%	0.06%	0.04%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.2%	0.3%	0.2%
	NEM	D	0.06%	0.09%	0.06%
	NET	B	0.04%	0.05%	0.04%
	NFLX	A	0.48%	0.68%	0.48%
	NI	A	0.02%	0.03%	0.02%
	NKE	D	0.11%	0.17%	0.11%
	NOC	D	0.09%	0.14%	0.09%
	NOW	A	0.27%	0.4%	0.27%
	NRG	B	0.03%	0.04%	0.03%
	NSC	B	0.07%	0.11%	0.07%
	NTAP	C	0.03%	0.05%	0.03%
	NTRS	A	0.03%	0.04%	0.03%
	NUE	C	0.04%	0.07%	0.04%
	NVDA	C	4.62%	6.48%	4.62%
	NVR	D	0.04%	0.05%	0.04%
	NWSA	B	0.01%	0.02%	0.01%
	NXPI	D	0.07%	0.11%	0.07%
	O	D	0.06%	0.09%	0.06%
	OC	A	0.02%	0.03%	0.02%
	ODFL	B	0.05%	0.08%	0.05%
	OKE	A	0.08%	0.12%	0.08%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	C	0.03%	0.04%	0.03%
	ON	D	0.04%	0.05%	0.04%
	ORCL	B	0.4%	0.57%	0.4%
	ORLY	B	0.09%	0.14%	0.09%
	OTIS	C	0.05%	0.08%	0.05%
	OVV	B	0.01%	0.02%	0.01%
	OXY	D	0.04%	0.06%	0.04%
	PANW	C	0.16%	0.24%	0.16%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	C	0.06%	0.09%	0.06%
	PCAR	B	0.07%	0.11%	0.07%
	PCG	A	0.05%	0.09%	0.05%
	PEG	A	0.06%	0.09%	0.06%
	PEP	F	0.27%	0.42%	0.27%
	PFE	D	0.18%	0.27%	0.18%
	PFG	D	0.03%	0.04%	0.03%
	PG	A	0.51%	0.77%	0.51%
	PGR	A	0.19%	0.29%	0.19%
	PH	A	0.11%	0.17%	0.11%
	PHM	D	0.04%	0.05%	0.04%
	PINS	D	0.02%	0.03%	0.02%
	PKG	A	0.03%	0.04%	0.03%
	PLD	D	0.14%	0.2%	0.14%
	PLTR	B	0.16%	0.25%	0.16%
	PM	B	0.25%	0.38%	0.25%
	PNC	B	0.1%	0.16%	0.1%
	PNR	A	0.02%	0.03%	0.02%
	PODD	C	0.02%	0.03%	0.02%
	POOL	C	0.02%	0.03%	0.02%
	PPG	F	0.04%	0.06%	0.04%
	PPL	B	0.03%	0.05%	0.03%
	PRU	A	0.06%	0.09%	0.06%
	PSA	D	0.07%	0.1%	0.07%
	PSTG	D	0.02%	0.03%	0.02%
	PSX	C	0.07%	0.11%	0.07%
	PTC	A	0.03%	0.04%	0.03%
	PWR	A	0.06%	0.09%	0.06%
	PYPL	B	0.11%	0.17%	0.11%
	QCOM	F	0.23%	0.34%	0.23%
	QRVO	F	0.01%	0.01%	0.01%
	RBLX	C	0.03%	0.05%	0.03%
	RCL	A	0.07%	0.1%	0.07%
	REG	B	0.02%	0.02%	0.02%
	REGN	F	0.1%	0.15%	0.1%
	RF	A	0.03%	0.05%	0.03%
	RJF	A	0.04%	0.06%	0.04%
	RMD	C	0.04%	0.07%	0.04%
	ROK	B	0.04%	0.06%	0.04%
	ROL	B	0.02%	0.03%	0.02%
	ROP	B	0.08%	0.11%	0.08%
	ROST	C	0.06%	0.09%	0.06%
	RPM	A	0.02%	0.03%	0.02%
	RPRX	D	0.01%	0.02%	0.01%
	RS	B	0.02%	0.03%	0.02%
	RSG	A	0.06%	0.08%	0.06%
	RTX	C	0.2%	0.3%	0.2%
	RVTY	F	0.02%	0.03%	0.02%
	SBAC	D	0.03%	0.05%	0.03%
	SBUX	A	0.14%	0.22%	0.14%
	SCHW	B	0.15%	0.22%	0.15%
	SHW	A	0.11%	0.17%	0.11%
	SJM	D	0.01%	0.02%	0.01%
	SLB	C	0.08%	0.12%	0.08%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.03%	0.04%	0.03%
	SNAP	C	0.01%	0.02%	0.01%
	SNOW	C	0.05%	0.08%	0.05%
	SNPS	B	0.1%	0.15%	0.1%
	SO	D	0.12%	0.18%	0.12%
	SOLV	C	0.01%	0.02%	0.01%
	SPG	B	0.08%	0.11%	0.08%
	SPGI	C	0.21%	0.3%	0.21%
	SQ	A	0.06%	0.09%	0.06%
	SRE	A	0.08%	0.11%	0.08%
	SSNC	B	0.02%	0.03%	0.02%
	STE	F	0.03%	0.04%	0.03%
	STLD	B	0.03%	0.04%	0.03%
	STT	A	0.04%	0.06%	0.04%
	STX	D	0.03%	0.04%	0.03%
	STZ	D	0.05%	0.07%	0.05%
	SUI	D	0.02%	0.03%	0.02%
	SW	A	0.04%	0.05%	0.04%
	SWK	D	0.02%	0.03%	0.02%
	SWKS	F	0.02%	0.03%	0.02%
	SYF	B	0.03%	0.05%	0.03%
	SYK	C	0.17%	0.27%	0.17%
	SYY	B	0.05%	0.07%	0.05%
	T	A	0.21%	0.31%	0.21%
	TAP	C	0.01%	0.02%	0.01%
	TDG	D	0.09%	0.13%	0.09%
	TDY	B	0.03%	0.04%	0.03%
	TEAM	A	0.05%	0.07%	0.05%
	TECH	D	0.01%	0.02%	0.01%
	TEL	B	0.06%	0.09%	0.06%
	TER	D	0.02%	0.03%	0.02%
	TFC	A	0.08%	0.12%	0.08%
	TFX	F	0.01%	0.02%	0.01%
	TGT	F	0.09%	0.14%	0.09%
	TJX	A	0.17%	0.26%	0.17%
	TMO	F	0.25%	0.38%	0.25%
	TMUS	B	0.16%	0.22%	0.16%
	TPL	A	0.04%	0.05%	0.04%
	TRGP	B	0.05%	0.08%	0.05%
	TRMB	B	0.02%	0.03%	0.02%
	TROW	B	0.03%	0.05%	0.03%
	TRU	D	0.02%	0.04%	0.02%
	TRV	B	0.07%	0.11%	0.07%
	TSCO	D	0.04%	0.06%	0.04%
	TSLA	B	1.27%	1.72%	1.27%
	TSN	B	0.02%	0.03%	0.02%
	TT	A	0.12%	0.18%	0.12%
	TTD	B	0.07%	0.1%	0.07%
	TTWO	A	0.04%	0.06%	0.04%
	TW	A	0.02%	0.03%	0.02%
	TWLO	A	0.02%	0.03%	0.02%
	TXN	C	0.23%	0.35%	0.23%
	TXT	D	0.02%	0.03%	0.02%
	TYL	C	0.03%	0.05%	0.03%
	UBER	D	0.17%	0.28%	0.17%
	UDR	B	0.02%	0.03%	0.02%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	F	0.02%	0.03%	0.02%
	UNH	C	0.68%	1.05%	0.68%
	UNP	C	0.18%	0.28%	0.18%
	UPS	C	0.12%	0.19%	0.12%
	URI	B	0.07%	0.11%	0.07%
	USB	A	0.1%	0.15%	0.1%
	UTHR	C	0.02%	0.03%	0.02%
	V	A	0.63%	1.0%	0.63%
	VEEV	C	0.04%	0.06%	0.04%
	VICI	C	0.04%	0.06%	0.04%
	VLO	C	0.06%	0.09%	0.06%
	VLTO	D	0.03%	0.05%	0.03%
	VMC	B	0.05%	0.07%	0.05%
	VRSK	A	0.05%	0.08%	0.05%
	VRSN	F	0.02%	0.03%	0.02%
	VRT	B	0.06%	0.08%	0.06%
	VRTX	F	0.15%	0.23%	0.15%
	VST	B	0.07%	0.09%	0.07%
	VTR	C	0.03%	0.05%	0.03%
	VTRS	A	0.02%	0.03%	0.02%
	VZ	C	0.22%	0.34%	0.22%
	WAB	B	0.04%	0.07%	0.04%
	WAT	B	0.03%	0.04%	0.03%
	WBA	F	0.01%	0.01%	0.01%
	WBD	C	0.03%	0.04%	0.03%
	WDAY	B	0.07%	0.11%	0.07%
	WDC	D	0.03%	0.04%	0.03%
	WEC	A	0.04%	0.06%	0.04%
	WELL	A	0.11%	0.16%	0.11%
	WFC	A	0.33%	0.49%	0.33%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.11%	0.15%	0.11%
	WMB	A	0.09%	0.13%	0.09%
	WMT	A	0.49%	0.7%	0.49%
	WPC	D	0.02%	0.02%	0.02%
	WRB	A	0.02%	0.04%	0.02%
	WSM	B	0.02%	0.03%	0.02%
	WSO	A	0.02%	0.04%	0.02%
	WST	C	0.03%	0.04%	0.03%
	WTRG	B	0.01%	0.02%	0.01%
	WTW	B	0.04%	0.06%	0.04%
	WY	D	0.03%	0.04%	0.03%
	WYNN	D	0.01%	0.02%	0.01%
	XEL	A	0.05%	0.07%	0.05%
	XOM	B	0.68%	1.02%	0.68%
	XYL	D	0.04%	0.06%	0.04%
	YUM	B	0.05%	0.07%	0.05%
	ZBH	C	0.03%	0.04%	0.03%
	ZBRA	B	0.02%	0.04%	0.02%
	ZM	B	0.02%	0.04%	0.02%
	ZS	C	0.02%	0.04%	0.02%
	ZTS	D	0.1%	0.15%	0.1%

ACWI Overweight 49 Positions Relative to ILCB

	Symbol	Grade	Weight
	TM	D	0.23%
	BABA	D	0.21%
	MUFG	B	0.17%
	SONY	B	0.15%
	HDB	C	0.11%
	SMFG	B	0.11%
	IBN	C	0.1%
	MFG	B	0.07%
	FLUT	A	0.06%
	WCN	A	0.06%
	HMC	F	0.05%
	TCOM	B	0.04%
	CBOE	B	0.03%
	BIDU	F	0.03%
	AIZ	A	0.02%
	Z	A	0.02%
	CHRW	C	0.02%
	CHT	D	0.02%
	LI	F	0.02%
	TOST	B	0.02%
	UMC	F	0.02%
	YUMC	C	0.02%
	NMR	B	0.02%
	MBAVU	D	0.01%
	BILI	D	0.01%
	PARA	C	0.01%
	H	B	0.01%
	AGCO	D	0.01%
	BBWI	D	0.01%
	NIO	F	0.01%
	XPEV	C	0.01%
	RIVN	F	0.01%
	BIO	D	0.01%
	MTCH	D	0.01%
	TTC	D	0.01%
	TME	D	0.01%
	WIT	A	0.01%
	FBIN	D	0.01%
	KNX	B	0.01%
	NLY	C	0.01%
	ROKU	D	0.01%
	HSIC	B	0.01%
	BGNE	D	0.01%
	CHRD	D	0.01%
	SEIC	B	0.01%
	MKTX	D	0.01%
	IOT	A	0.01%
	CTLT	B	0.01%
	MNSO	F	0.0%

ACWI Underweight 45 Positions Relative to ILCB

	Symbol	Grade	Weight
	CPNG	D	-0.06%
	UAL	A	-0.06%
	IBKR	A	-0.04%
	RNR	C	-0.03%
	SAIA	B	-0.03%
	USFD	A	-0.03%
	THC	D	-0.03%
	CASY	A	-0.03%
	FLEX	A	-0.03%
	RGA	A	-0.03%
	TOL	B	-0.03%
	FIX	A	-0.03%
	XPO	B	-0.03%
	NTNX	A	-0.03%
	NTRA	B	-0.03%
	MEDP	D	-0.02%
	WING	D	-0.02%
	AR	B	-0.02%
	MORN	B	-0.02%
	WMS	D	-0.02%
	SRPT	D	-0.02%
	CHDN	B	-0.02%
	UNM	A	-0.02%
	BJ	A	-0.02%
	FND	C	-0.02%
	TTEK	F	-0.02%
	BLD	D	-0.02%
	RRX	B	-0.02%
	NVT	B	-0.02%
	LECO	B	-0.02%
	SCI	B	-0.02%
	CLH	B	-0.02%
	PFGC	B	-0.02%
	COTY	F	-0.01%
	PAG	B	-0.01%
	NWS	A	-0.01%
	BRKR	D	-0.01%
	U	C	-0.01%
	SNX	C	-0.01%
	PCOR	B	-0.01%
	SIRI	C	-0.01%
	CNM	D	-0.01%
	FWONA	B	-0.0%
	ALAB	B	-0.0%
	AGR	B	-0.0%

ACWI: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Telecommunications Bank Chemical Aerospace Real Estate Investment Trust Banking Medicine Semiconductor Cloud Computing Transport Mining IBD 50

ILCB: Top Represented Industries & Keywords

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