AVLC vs. IWB ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares Russell 1000 ETF (IWB)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$69.74

Average Daily Volume

19,482

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index 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. It seeks to track the investment results of the Russell 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$328.90

Average Daily Volume

791,576

Number of Holdings ^*

1000

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	IWB
30 Days	4.71%	3.82%
60 Days	6.29%	5.33%
90 Days	7.72%	7.10%
12 Months	33.08%	33.41%

849 Overlapping Holdings

	Symbol	Grade	Weight in AVLC	Weight in IWB	Overlap
	A	D	0.06%	0.07%	0.06%
	AA	B	0.03%	0.02%	0.02%
	AAL	B	0.01%	0.02%	0.01%
	AAON	B	0.05%	0.02%	0.02%
	AAPL	C	5.24%	6.04%	5.24%
	ABBV	D	0.38%	0.54%	0.38%
	ABNB	C	0.07%	0.11%	0.07%
	ABT	B	0.2%	0.37%	0.2%
	ACGL	D	0.15%	0.07%	0.07%
	ACHC	F	0.01%	0.01%	0.01%
	ACM	A	0.02%	0.03%	0.02%
	ACN	C	0.32%	0.41%	0.32%
	ADBE	C	0.33%	0.41%	0.33%
	ADI	D	0.15%	0.19%	0.15%
	ADM	D	0.11%	0.05%	0.05%
	ADP	B	0.36%	0.23%	0.23%
	ADSK	A	0.09%	0.12%	0.09%
	AEE	A	0.08%	0.04%	0.04%
	AEP	D	0.14%	0.09%	0.09%
	AES	F	0.06%	0.02%	0.02%
	AFG	A	0.06%	0.02%	0.02%
	AFL	B	0.19%	0.11%	0.11%
	AFRM	B	0.03%	0.02%	0.02%
	AGCO	D	0.04%	0.01%	0.01%
	AGO	B	0.0%	0.01%	0.0%
	AGR	B	0.01%	0.0%	0.0%
	AIG	B	0.2%	0.09%	0.09%
	AIZ	A	0.05%	0.02%	0.02%
	AJG	B	0.05%	0.12%	0.05%
	AKAM	D	0.03%	0.02%	0.02%
	AL	B	0.01%	0.01%	0.01%
	ALB	C	0.01%	0.02%	0.01%
	ALGM	D	0.0%	0.0%	0.0%
	ALGN	D	0.04%	0.03%	0.03%
	ALK	C	0.03%	0.01%	0.01%
	ALL	A	0.2%	0.1%	0.1%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.06%	0.02%	0.02%
	ALNY	D	0.04%	0.05%	0.04%
	ALSN	B	0.02%	0.02%	0.02%
	AM	A	0.03%	0.01%	0.01%
	AMAT	F	0.36%	0.26%	0.26%
	AMCR	D	0.02%	0.03%	0.02%
	AMD	F	0.31%	0.4%	0.31%
	AME	A	0.05%	0.08%	0.05%
	AMG	B	0.0%	0.01%	0.0%
	AMGN	D	0.19%	0.28%	0.19%
	AMKR	D	0.02%	0.01%	0.01%
	AMP	A	0.26%	0.1%	0.1%
	AMZN	C	3.03%	3.48%	3.03%
	AN	C	0.01%	0.01%	0.01%
	ANET	C	0.15%	0.18%	0.15%
	ANSS	B	0.04%	0.05%	0.04%
	AON	A	0.1%	0.14%	0.1%
	AOS	F	0.03%	0.02%	0.02%
	APA	D	0.03%	0.02%	0.02%
	APD	A	0.22%	0.13%	0.13%
	APG	B	0.0%	0.01%	0.0%
	APH	A	0.12%	0.15%	0.12%
	APLS	D	0.0%	0.01%	0.0%
	APO	B	0.16%	0.16%	0.16%
	APP	B	0.16%	0.14%	0.14%
	APPF	B	0.01%	0.01%	0.01%
	APTV	D	0.04%	0.03%	0.03%
	AR	B	0.03%	0.02%	0.02%
	ARES	A	0.02%	0.06%	0.02%
	ARMK	B	0.02%	0.02%	0.02%
	ARW	D	0.05%	0.01%	0.01%
	ATI	D	0.06%	0.01%	0.01%
	ATO	A	0.05%	0.04%	0.04%
	ATR	B	0.05%	0.02%	0.02%
	AVGO	D	1.11%	1.38%	1.11%
	AVTR	F	0.01%	0.03%	0.01%
	AVY	D	0.03%	0.03%	0.03%
	AWI	A	0.04%	0.01%	0.01%
	AWK	D	0.03%	0.05%	0.03%
	AXON	A	0.05%	0.08%	0.05%
	AXP	A	0.4%	0.3%	0.3%
	AXS	A	0.05%	0.01%	0.01%
	AXTA	A	0.04%	0.02%	0.02%
	AYI	B	0.04%	0.02%	0.02%
	AZEK	A	0.01%	0.01%	0.01%
	AZO	C	0.05%	0.1%	0.05%
	BA	F	0.06%	0.18%	0.06%
	BAC	A	0.42%	0.59%	0.42%
	BAH	F	0.03%	0.04%	0.03%
	BALL	D	0.06%	0.03%	0.03%
	BAX	D	0.02%	0.03%	0.02%
	BBWI	D	0.01%	0.01%	0.01%
	BBY	D	0.12%	0.04%	0.04%
	BC	C	0.02%	0.01%	0.01%
	BDX	F	0.05%	0.12%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BERY	B	0.01%	0.01%	0.01%
	BFAM	D	0.0%	0.01%	0.0%
	BG	F	0.08%	0.02%	0.02%
	BIIB	F	0.03%	0.04%	0.03%
	BILL	A	0.01%	0.02%	0.01%
	BIO	D	0.01%	0.01%	0.01%
	BIRK	D	0.0%	0.0%	0.0%
	BJ	A	0.08%	0.02%	0.02%
	BK	A	0.18%	0.11%	0.11%
	BKNG	A	0.13%	0.31%	0.13%
	BKR	B	0.18%	0.08%	0.08%
	BLD	D	0.03%	0.02%	0.02%
	BLDR	D	0.07%	0.04%	0.04%
	BLK	C	0.18%	0.29%	0.18%
	BMRN	D	0.03%	0.02%	0.02%
	BMY	B	0.18%	0.21%	0.18%
	BOKF	B	0.01%	0.0%	0.0%
	BPOP	B	0.03%	0.01%	0.01%
	BR	A	0.04%	0.05%	0.04%
	BRBR	A	0.01%	0.02%	0.01%
	BRK.A	B	0.67%	1.59%	0.67%
	BRKR	D	0.02%	0.01%	0.01%
	BRO	B	0.02%	0.05%	0.02%
	BROS	B	0.01%	0.01%	0.01%
	BSX	B	0.12%	0.24%	0.12%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.11%	0.03%	0.03%
	BWA	D	0.05%	0.01%	0.01%
	BWXT	B	0.06%	0.02%	0.02%
	BX	A	0.11%	0.24%	0.11%
	BYD	C	0.01%	0.01%	0.01%
	C	A	0.23%	0.24%	0.23%
	CACC	D	0.01%	0.01%	0.01%
	CACI	D	0.01%	0.02%	0.01%
	CAG	D	0.01%	0.02%	0.01%
	CAH	B	0.03%	0.05%	0.03%
	CAR	C	0.0%	0.0%	0.0%
	CARR	D	0.06%	0.12%	0.06%
	CASY	A	0.08%	0.03%	0.03%
	CAT	B	0.52%	0.35%	0.35%
	CB	C	0.22%	0.22%	0.22%
	CBOE	B	0.03%	0.04%	0.03%
	CBRE	B	0.06%	0.07%	0.06%
	CBSH	A	0.04%	0.02%	0.02%
	CCK	C	0.02%	0.02%	0.02%
	CCL	B	0.13%	0.05%	0.05%
	CDNS	B	0.12%	0.15%	0.12%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.11%	0.13%	0.11%
	CELH	F	0.01%	0.01%	0.01%
	CF	B	0.09%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CFLT	B	0.01%	0.01%	0.01%
	CFR	B	0.04%	0.02%	0.02%
	CG	A	0.02%	0.02%	0.02%
	CGNX	C	0.01%	0.01%	0.01%
	CHD	B	0.05%	0.05%	0.05%
	CHDN	B	0.02%	0.02%	0.02%
	CHE	D	0.02%	0.02%	0.02%
	CHH	A	0.02%	0.01%	0.01%
	CHRD	D	0.05%	0.01%	0.01%
	CHRW	C	0.03%	0.02%	0.02%
	CHTR	C	0.05%	0.07%	0.05%
	CI	F	0.07%	0.17%	0.07%
	CIEN	B	0.03%	0.02%	0.02%
	CINF	A	0.07%	0.04%	0.04%
	CIVI	D	0.03%	0.01%	0.01%
	CL	D	0.18%	0.14%	0.14%
	CLF	F	0.03%	0.01%	0.01%
	CLH	B	0.04%	0.02%	0.02%
	CLX	B	0.06%	0.04%	0.04%
	CMA	A	0.06%	0.02%	0.02%
	CMCSA	B	0.38%	0.3%	0.3%
	CME	A	0.12%	0.15%	0.12%
	CMG	B	0.23%	0.15%	0.15%
	CMI	A	0.21%	0.09%	0.09%
	CMS	C	0.06%	0.04%	0.04%
	CNA	B	0.0%	0.0%	0.0%
	CNC	D	0.08%	0.06%	0.06%
	CNM	D	0.02%	0.02%	0.02%
	CNP	B	0.02%	0.04%	0.02%
	CNXC	F	0.0%	0.0%	0.0%
	COF	B	0.23%	0.13%	0.13%
	COHR	B	0.03%	0.02%	0.02%
	COIN	C	0.08%	0.11%	0.08%
	COKE	C	0.06%	0.01%	0.01%
	COLB	A	0.0%	0.01%	0.0%
	COP	C	0.38%	0.24%	0.24%
	COR	B	0.09%	0.07%	0.07%
	COST	B	0.94%	0.74%	0.74%
	COTY	F	0.0%	0.01%	0.0%
	CPAY	A	0.04%	0.05%	0.04%
	CPB	D	0.01%	0.02%	0.01%
	CPNG	D	0.12%	0.05%	0.05%
	CPRT	A	0.1%	0.09%	0.09%
	CR	A	0.01%	0.02%	0.01%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.44%	0.56%	0.44%
	CROX	D	0.05%	0.01%	0.01%
	CRUS	D	0.04%	0.01%	0.01%
	CRWD	B	0.11%	0.14%	0.11%
	CSCO	B	0.3%	0.43%	0.3%
	CSGP	D	0.04%	0.05%	0.04%
	CSL	C	0.13%	0.04%	0.04%
	CSX	B	0.26%	0.13%	0.13%
	CTAS	B	0.12%	0.14%	0.12%
	CTLT	B	0.03%	0.02%	0.02%
	CTRA	B	0.1%	0.03%	0.03%
	CTSH	B	0.13%	0.07%	0.07%
	CTVA	C	0.08%	0.07%	0.07%
	CVNA	B	0.09%	0.05%	0.05%
	CVS	D	0.05%	0.12%	0.05%
	CVX	A	0.64%	0.51%	0.51%
	CW	B	0.03%	0.02%	0.02%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.01%	0.0%	0.0%
	CWEN	C	0.01%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CZR	F	0.0%	0.01%	0.0%
	D	C	0.05%	0.09%	0.05%
	DAL	C	0.23%	0.08%	0.08%
	DAR	C	0.02%	0.01%	0.01%
	DASH	A	0.06%	0.11%	0.06%
	DAY	B	0.0%	0.02%	0.0%
	DBX	B	0.01%	0.01%	0.01%
	DCI	B	0.06%	0.02%	0.02%
	DD	D	0.06%	0.06%	0.06%
	DDOG	A	0.05%	0.07%	0.05%
	DDS	B	0.01%	0.0%	0.0%
	DE	A	0.3%	0.19%	0.19%
	DECK	A	0.16%	0.05%	0.05%
	DELL	C	0.05%	0.07%	0.05%
	DFS	B	0.08%	0.08%	0.08%
	DG	F	0.06%	0.03%	0.03%
	DGX	A	0.01%	0.03%	0.01%
	DHI	D	0.12%	0.09%	0.09%
	DHR	F	0.13%	0.27%	0.13%
	DINO	D	0.04%	0.01%	0.01%
	DIS	B	0.18%	0.39%	0.18%
	DKNG	B	0.01%	0.03%	0.01%
	DKS	C	0.08%	0.02%	0.02%
	DLB	B	0.01%	0.01%	0.01%
	DLTR	F	0.07%	0.02%	0.02%
	DOCS	C	0.02%	0.01%	0.01%
	DOCU	A	0.05%	0.03%	0.03%
	DOV	A	0.03%	0.05%	0.03%
	DOW	F	0.14%	0.06%	0.06%
	DOX	D	0.03%	0.02%	0.02%
	DPZ	C	0.01%	0.03%	0.01%
	DRI	B	0.1%	0.04%	0.04%
	DT	C	0.02%	0.03%	0.02%
	DTE	C	0.07%	0.05%	0.05%
	DTM	B	0.04%	0.02%	0.02%
	DUK	C	0.16%	0.16%	0.16%
	DUOL	A	0.01%	0.02%	0.01%
	DVA	B	0.01%	0.01%	0.01%
	DVN	F	0.14%	0.04%	0.04%
	DXC	B	0.0%	0.01%	0.0%
	DXCM	D	0.05%	0.06%	0.05%
	EA	A	0.06%	0.08%	0.06%
	EBAY	D	0.14%	0.06%	0.06%
	ECL	D	0.06%	0.11%	0.06%
	ED	D	0.08%	0.06%	0.06%
	EEFT	B	0.0%	0.01%	0.0%
	EFX	F	0.02%	0.06%	0.02%
	EG	C	0.08%	0.03%	0.03%
	EHC	B	0.03%	0.02%	0.02%
	EIX	B	0.09%	0.06%	0.06%
	EL	F	0.02%	0.03%	0.02%
	ELAN	D	0.01%	0.01%	0.01%
	ELF	C	0.01%	0.01%	0.01%
	ELV	F	0.13%	0.17%	0.13%
	EME	C	0.14%	0.04%	0.04%
	EMN	D	0.04%	0.02%	0.02%
	EMR	A	0.05%	0.13%	0.05%
	ENPH	F	0.01%	0.01%	0.01%
	ENTG	D	0.02%	0.03%	0.02%
	EOG	A	0.3%	0.14%	0.14%
	EPAM	C	0.04%	0.02%	0.02%
	EQH	B	0.09%	0.03%	0.03%
	EQT	B	0.11%	0.05%	0.05%
	ES	D	0.02%	0.04%	0.02%
	ESAB	B	0.01%	0.01%	0.01%
	ESI	A	0.0%	0.01%	0.0%
	ESTC	C	0.01%	0.01%	0.01%
	ETN	A	0.14%	0.26%	0.14%
	ETR	B	0.12%	0.06%	0.06%
	ETSY	D	0.0%	0.01%	0.0%
	EVR	B	0.04%	0.02%	0.02%
	EVRG	A	0.05%	0.03%	0.03%
	EW	C	0.08%	0.07%	0.07%
	EWBC	A	0.08%	0.03%	0.03%
	EXAS	D	0.01%	0.02%	0.01%
	EXC	C	0.1%	0.07%	0.07%
	EXEL	B	0.03%	0.02%	0.02%
	EXP	A	0.07%	0.02%	0.02%
	EXPD	D	0.09%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	F	C	0.2%	0.08%	0.08%
	FAF	A	0.03%	0.01%	0.01%
	FANG	D	0.17%	0.06%	0.06%
	FAST	B	0.2%	0.09%	0.09%
	FBIN	D	0.02%	0.02%	0.02%
	FCN	D	0.02%	0.01%	0.01%
	FCNCA	A	0.12%	0.05%	0.05%
	FCX	D	0.18%	0.11%	0.11%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.26%	0.12%	0.12%
	FE	C	0.02%	0.04%	0.02%
	FFIV	B	0.03%	0.03%	0.03%
	FHN	A	0.04%	0.02%	0.02%
	FI	A	0.07%	0.22%	0.07%
	FICO	B	0.08%	0.1%	0.08%
	FIS	C	0.06%	0.09%	0.06%
	FITB	A	0.14%	0.06%	0.06%
	FIVE	F	0.01%	0.01%	0.01%
	FIX	A	0.1%	0.03%	0.03%
	FLO	D	0.0%	0.01%	0.0%
	FLS	B	0.02%	0.01%	0.01%
	FMC	D	0.04%	0.01%	0.01%
	FNB	A	0.0%	0.01%	0.0%
	FND	C	0.05%	0.02%	0.02%
	FNF	B	0.08%	0.03%	0.03%
	FOUR	B	0.01%	0.01%	0.01%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FRPT	B	0.02%	0.01%	0.01%
	FSLR	F	0.1%	0.04%	0.04%
	FTI	A	0.08%	0.02%	0.02%
	FTNT	C	0.23%	0.11%	0.11%
	FTV	C	0.01%	0.05%	0.01%
	FYBR	D	0.05%	0.02%	0.02%
	G	B	0.03%	0.02%	0.02%
	GAP	C	0.04%	0.01%	0.01%
	GD	F	0.05%	0.14%	0.05%
	GDDY	A	0.08%	0.05%	0.05%
	GE	D	0.2%	0.36%	0.2%
	GEHC	F	0.03%	0.07%	0.03%
	GEV	B	0.13%	0.17%	0.13%
	GFS	C	0.01%	0.01%	0.01%
	GGG	B	0.05%	0.03%	0.03%
	GILD	C	0.35%	0.2%	0.2%
	GIS	D	0.03%	0.07%	0.03%
	GL	B	0.06%	0.02%	0.02%
	GLOB	B	0.02%	0.02%	0.02%
	GLW	B	0.09%	0.07%	0.07%
	GM	B	0.31%	0.12%	0.12%
	GME	C	0.03%	0.02%	0.02%
	GMED	A	0.03%	0.02%	0.02%
	GNRC	B	0.06%	0.02%	0.02%
	GNTX	C	0.03%	0.01%	0.01%
	GOOG	C	1.3%	1.58%	1.3%
	GOOGL	C	1.57%	1.87%	1.57%
	GPC	D	0.06%	0.03%	0.03%
	GPK	C	0.06%	0.02%	0.02%
	GPN	B	0.01%	0.06%	0.01%
	GRMN	B	0.1%	0.06%	0.06%
	GS	A	0.44%	0.35%	0.35%
	GTLB	B	0.01%	0.01%	0.01%
	GWRE	A	0.03%	0.03%	0.03%
	GWW	B	0.23%	0.09%	0.09%
	GXO	B	0.01%	0.01%	0.01%
	H	B	0.01%	0.01%	0.01%
	HAL	C	0.13%	0.05%	0.05%
	HAS	D	0.02%	0.02%	0.02%
	HBAN	A	0.11%	0.05%	0.05%
	HCA	F	0.05%	0.12%	0.05%
	HCP	B	0.0%	0.01%	0.0%
	HD	A	0.58%	0.75%	0.58%
	HEI	B	0.01%	0.03%	0.01%
	HEI	B	0.01%	0.02%	0.01%
	HEI	B	0.01%	0.02%	0.01%
	HEI	B	0.01%	0.03%	0.01%
	HES	B	0.19%	0.08%	0.08%
	HIG	B	0.19%	0.06%	0.06%
	HII	D	0.04%	0.01%	0.01%
	HLI	B	0.02%	0.02%	0.02%
	HLT	A	0.05%	0.11%	0.05%
	HOLX	D	0.03%	0.03%	0.03%
	HON	B	0.15%	0.28%	0.15%
	HOOD	B	0.05%	0.04%	0.04%
	HPE	B	0.08%	0.05%	0.05%
	HPQ	B	0.05%	0.07%	0.05%
	HRB	D	0.03%	0.02%	0.02%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	B	0.01%	0.02%	0.01%
	HSY	F	0.09%	0.05%	0.05%
	HUBB	B	0.04%	0.04%	0.04%
	HUBS	A	0.05%	0.06%	0.05%
	HUM	C	0.05%	0.06%	0.05%
	HWM	A	0.05%	0.08%	0.05%
	HXL	D	0.01%	0.01%	0.01%
	IBKR	A	0.03%	0.03%	0.03%
	IBM	C	0.27%	0.35%	0.27%
	ICE	C	0.07%	0.16%	0.07%
	IDA	A	0.01%	0.01%	0.01%
	IDXX	F	0.11%	0.06%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.06%	0.04%	0.04%
	ILMN	D	0.04%	0.04%	0.04%
	INCY	C	0.03%	0.02%	0.02%
	INFA	D	0.0%	0.0%	0.0%
	INGR	B	0.07%	0.02%	0.02%
	INSP	D	0.0%	0.01%	0.0%
	INTC	D	0.16%	0.19%	0.16%
	INTU	C	0.27%	0.35%	0.27%
	IONS	F	0.01%	0.01%	0.01%
	IP	B	0.13%	0.04%	0.04%
	IPG	D	0.01%	0.02%	0.01%
	IPGP	D	0.0%	0.0%	0.0%
	IQV	D	0.04%	0.06%	0.04%
	IR	B	0.05%	0.08%	0.05%
	ISRG	A	0.18%	0.34%	0.18%
	IT	C	0.09%	0.07%	0.07%
	ITCI	C	0.01%	0.02%	0.01%
	ITT	A	0.04%	0.02%	0.02%
	ITW	B	0.12%	0.15%	0.12%
	IVZ	B	0.02%	0.01%	0.01%
	J	F	0.01%	0.03%	0.01%
	JAZZ	B	0.04%	0.01%	0.01%
	JBHT	C	0.08%	0.03%	0.03%
	JBL	B	0.1%	0.03%	0.03%
	JCI	C	0.04%	0.1%	0.04%
	JEF	A	0.08%	0.02%	0.02%
	JHG	A	0.02%	0.01%	0.01%
	JKHY	D	0.04%	0.02%	0.02%
	JLL	D	0.05%	0.02%	0.02%
	JNJ	D	0.58%	0.69%	0.58%
	JNPR	F	0.02%	0.02%	0.02%
	JPM	A	1.19%	1.3%	1.19%
	K	A	0.03%	0.04%	0.03%
	KBR	F	0.01%	0.01%	0.01%
	KD	B	0.04%	0.01%	0.01%
	KDP	D	0.05%	0.07%	0.05%
	KEX	C	0.04%	0.01%	0.01%
	KEY	B	0.05%	0.03%	0.03%
	KEYS	A	0.06%	0.05%	0.05%
	KHC	F	0.05%	0.05%	0.05%
	KKR	A	0.15%	0.19%	0.15%
	KLAC	D	0.21%	0.15%	0.15%
	KMB	D	0.14%	0.08%	0.08%
	KMI	A	0.1%	0.1%	0.1%
	KMX	B	0.05%	0.02%	0.02%
	KNSL	B	0.05%	0.02%	0.02%
	KNX	B	0.04%	0.02%	0.02%
	KO	D	0.4%	0.44%	0.4%
	KR	B	0.2%	0.07%	0.07%
	KVUE	A	0.06%	0.08%	0.06%
	L	A	0.07%	0.03%	0.03%
	LAD	A	0.03%	0.02%	0.02%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.02%	0.02%	0.02%
	LCID	F	0.01%	0.0%	0.0%
	LDOS	C	0.03%	0.04%	0.03%
	LEA	D	0.03%	0.01%	0.01%
	LECO	B	0.06%	0.02%	0.02%
	LEN	D	0.17%	0.0%	0.0%
	LEN	D	0.01%	0.07%	0.01%
	LEN	D	0.01%	0.0%	0.0%
	LEN	D	0.17%	0.07%	0.07%
	LFUS	F	0.02%	0.01%	0.01%
	LH	C	0.04%	0.04%	0.04%
	LHX	C	0.03%	0.09%	0.03%
	LII	A	0.09%	0.04%	0.04%
	LIN	D	0.21%	0.4%	0.21%
	LKQ	D	0.01%	0.02%	0.01%
	LLY	F	0.79%	1.1%	0.79%
	LMT	D	0.23%	0.21%	0.21%
	LNC	B	0.01%	0.01%	0.01%
	LNG	B	0.23%	0.09%	0.09%
	LNT	A	0.04%	0.03%	0.03%
	LNW	D	0.02%	0.02%	0.02%
	LOW	D	0.12%	0.28%	0.12%
	LPLA	A	0.1%	0.04%	0.04%
	LPX	B	0.06%	0.01%	0.01%
	LRCX	F	0.34%	0.17%	0.17%
	LSCC	D	0.01%	0.01%	0.01%
	LSTR	D	0.04%	0.01%	0.01%
	LULU	C	0.15%	0.07%	0.07%
	LUV	C	0.08%	0.04%	0.04%
	LVS	C	0.09%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.11%	0.04%	0.04%
	LYFT	C	0.01%	0.01%	0.01%
	LYV	A	0.02%	0.04%	0.02%
	M	D	0.02%	0.01%	0.01%
	MA	C	0.66%	0.8%	0.66%
	MANH	D	0.06%	0.03%	0.03%
	MAR	B	0.05%	0.12%	0.05%
	MAS	D	0.02%	0.03%	0.02%
	MASI	A	0.02%	0.01%	0.01%
	MAT	D	0.03%	0.01%	0.01%
	MCD	D	0.16%	0.39%	0.16%
	MCHP	D	0.05%	0.06%	0.05%
	MCK	B	0.07%	0.15%	0.07%
	MCO	B	0.1%	0.14%	0.1%
	MDB	C	0.03%	0.04%	0.03%
	MDLZ	F	0.09%	0.16%	0.09%
	MDT	D	0.12%	0.21%	0.12%
	MDU	D	0.02%	0.01%	0.01%
	MEDP	D	0.03%	0.01%	0.01%
	MET	A	0.2%	0.09%	0.09%
	META	D	2.26%	2.24%	2.24%
	MGM	D	0.01%	0.02%	0.01%
	MHK	D	0.04%	0.01%	0.01%
	MIDD	C	0.01%	0.01%	0.01%
	MKC	D	0.01%	0.03%	0.01%
	MKL	A	0.12%	0.04%	0.04%
	MKSI	C	0.01%	0.01%	0.01%
	MKTX	D	0.05%	0.02%	0.02%
	MLM	B	0.14%	0.07%	0.07%
	MMC	B	0.09%	0.2%	0.09%
	MMM	D	0.19%	0.13%	0.13%
	MNST	C	0.03%	0.07%	0.03%
	MO	A	0.09%	0.18%	0.09%
	MOH	F	0.07%	0.03%	0.03%
	MORN	B	0.01%	0.02%	0.01%
	MOS	F	0.05%	0.02%	0.02%
	MPC	D	0.22%	0.1%	0.1%
	MPWR	F	0.04%	0.05%	0.04%
	MRK	F	0.32%	0.45%	0.32%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	B	0.11%	0.03%	0.03%
	MRVL	B	0.11%	0.14%	0.11%
	MS	A	0.35%	0.29%	0.29%
	MSA	D	0.02%	0.01%	0.01%
	MSCI	C	0.05%	0.08%	0.05%
	MSFT	F	4.39%	5.7%	4.39%
	MSI	B	0.23%	0.15%	0.15%
	MSTR	C	0.09%	0.1%	0.09%
	MTB	A	0.12%	0.07%	0.07%
	MTCH	D	0.01%	0.01%	0.01%
	MTD	D	0.03%	0.05%	0.03%
	MTDR	B	0.05%	0.01%	0.01%
	MTG	C	0.04%	0.01%	0.01%
	MTN	C	0.01%	0.01%	0.01%
	MTSI	B	0.01%	0.01%	0.01%
	MTZ	B	0.03%	0.02%	0.02%
	MU	D	0.17%	0.2%	0.17%
	MUSA	A	0.07%	0.02%	0.02%
	NBIX	C	0.04%	0.02%	0.02%
	NCLH	B	0.08%	0.02%	0.02%
	NDAQ	A	0.02%	0.06%	0.02%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.07%	0.29%	0.07%
	NEM	D	0.02%	0.09%	0.02%
	NET	B	0.04%	0.05%	0.04%
	NEU	C	0.01%	0.01%	0.01%
	NFE	D	0.0%	0.0%	0.0%
	NFG	A	0.01%	0.01%	0.01%
	NFLX	A	0.48%	0.65%	0.48%
	NI	A	0.02%	0.03%	0.02%
	NKE	D	0.17%	0.17%	0.17%
	NOC	D	0.05%	0.13%	0.05%
	NOV	C	0.02%	0.01%	0.01%
	NOW	A	0.3%	0.38%	0.3%
	NRG	B	0.05%	0.04%	0.04%
	NSC	B	0.22%	0.11%	0.11%
	NTAP	C	0.06%	0.04%	0.04%
	NTNX	A	0.02%	0.03%	0.02%
	NTRA	B	0.02%	0.03%	0.02%
	NTRS	A	0.11%	0.04%	0.04%
	NUE	C	0.16%	0.06%	0.06%
	NVDA	C	4.82%	6.14%	4.82%
	NVR	D	0.1%	0.05%	0.05%
	NVST	B	0.0%	0.01%	0.0%
	NVT	B	0.02%	0.02%	0.02%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.03%	0.02%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	NYT	C	0.03%	0.02%	0.02%
	OC	A	0.11%	0.03%	0.03%
	ODFL	B	0.14%	0.08%	0.08%
	OGE	B	0.04%	0.02%	0.02%
	OGN	D	0.01%	0.01%	0.01%
	OKE	A	0.2%	0.12%	0.12%
	OKTA	C	0.02%	0.02%	0.02%
	OLED	D	0.02%	0.01%	0.01%
	OLLI	D	0.02%	0.01%	0.01%
	OLN	D	0.03%	0.01%	0.01%
	OMC	C	0.02%	0.03%	0.02%
	OMF	A	0.04%	0.01%	0.01%
	ON	D	0.12%	0.05%	0.05%
	ONTO	D	0.02%	0.01%	0.01%
	ORCL	B	0.42%	0.53%	0.42%
	ORI	A	0.05%	0.02%	0.02%
	ORLY	B	0.07%	0.13%	0.07%
	OSK	B	0.02%	0.01%	0.01%
	OTIS	C	0.04%	0.07%	0.04%
	OVV	B	0.08%	0.02%	0.02%
	OWL	A	0.0%	0.02%	0.0%
	OXY	D	0.15%	0.06%	0.06%
	OZK	B	0.02%	0.01%	0.01%
	PAG	B	0.01%	0.01%	0.01%
	PANW	C	0.19%	0.22%	0.19%
	PARA	C	0.01%	0.01%	0.01%
	PATH	C	0.01%	0.01%	0.01%
	PAYC	B	0.07%	0.02%	0.02%
	PAYX	C	0.17%	0.08%	0.08%
	PB	A	0.02%	0.01%	0.01%
	PCAR	B	0.25%	0.11%	0.11%
	PCG	A	0.13%	0.08%	0.08%
	PCOR	B	0.01%	0.01%	0.01%
	PCTY	B	0.02%	0.02%	0.02%
	PEG	A	0.1%	0.08%	0.08%
	PEGA	A	0.03%	0.01%	0.01%
	PEN	B	0.01%	0.02%	0.01%
	PEP	F	0.27%	0.4%	0.27%
	PFE	D	0.15%	0.26%	0.15%
	PFG	D	0.09%	0.04%	0.04%
	PFGC	B	0.06%	0.02%	0.02%
	PG	A	0.39%	0.74%	0.39%
	PGR	A	0.46%	0.28%	0.28%
	PH	A	0.09%	0.17%	0.09%
	PHM	D	0.12%	0.05%	0.05%
	PINS	D	0.02%	0.03%	0.02%
	PKG	A	0.12%	0.04%	0.04%
	PLNT	A	0.01%	0.02%	0.01%
	PLTR	B	0.18%	0.24%	0.18%
	PM	B	0.18%	0.37%	0.18%
	PNC	B	0.22%	0.15%	0.15%
	PNFP	B	0.03%	0.02%	0.02%
	PNR	A	0.02%	0.03%	0.02%
	PNW	B	0.05%	0.02%	0.02%
	PODD	C	0.03%	0.03%	0.03%
	POOL	C	0.07%	0.02%	0.02%
	POST	C	0.0%	0.01%	0.0%
	PPC	C	0.02%	0.0%	0.0%
	PPG	F	0.05%	0.05%	0.05%
	PPL	B	0.07%	0.05%	0.05%
	PR	B	0.06%	0.02%	0.02%
	PRI	A	0.07%	0.02%	0.02%
	PRU	A	0.18%	0.08%	0.08%
	PSN	D	0.01%	0.01%	0.01%
	PSTG	D	0.04%	0.03%	0.03%
	PSX	C	0.19%	0.1%	0.1%
	PTC	A	0.03%	0.04%	0.03%
	PVH	C	0.03%	0.01%	0.01%
	PWR	A	0.09%	0.09%	0.09%
	PYPL	B	0.32%	0.16%	0.16%
	QCOM	F	0.48%	0.33%	0.33%
	QRVO	F	0.02%	0.01%	0.01%
	R	B	0.05%	0.01%	0.01%
	RARE	D	0.0%	0.01%	0.0%
	RBC	A	0.02%	0.02%	0.02%
	RBLX	C	0.01%	0.05%	0.01%
	RCL	A	0.28%	0.1%	0.1%
	REGN	F	0.14%	0.15%	0.14%
	REYN	D	0.0%	0.0%	0.0%
	RF	A	0.08%	0.04%	0.04%
	RGA	A	0.08%	0.03%	0.03%
	RGEN	D	0.01%	0.01%	0.01%
	RGLD	C	0.03%	0.02%	0.02%
	RH	B	0.0%	0.01%	0.0%
	RHI	B	0.05%	0.01%	0.01%
	RIVN	F	0.03%	0.02%	0.02%
	RJF	A	0.11%	0.06%	0.06%
	RL	B	0.05%	0.02%	0.02%
	RLI	B	0.03%	0.01%	0.01%
	RMD	C	0.07%	0.06%	0.06%
	RNR	C	0.07%	0.02%	0.02%
	ROIV	C	0.02%	0.01%	0.01%
	ROK	B	0.04%	0.06%	0.04%
	ROKU	D	0.02%	0.02%	0.02%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.09%	0.11%	0.09%
	ROST	C	0.21%	0.09%	0.09%
	RPM	A	0.1%	0.03%	0.03%
	RPRX	D	0.02%	0.02%	0.02%
	RRC	B	0.04%	0.01%	0.01%
	RRX	B	0.01%	0.02%	0.01%
	RS	B	0.07%	0.03%	0.03%
	RSG	A	0.04%	0.08%	0.04%
	RTX	C	0.16%	0.29%	0.16%
	RVTY	F	0.02%	0.02%	0.02%
	RYAN	B	0.01%	0.01%	0.01%
	S	B	0.01%	0.01%	0.01%
	SAIA	B	0.07%	0.03%	0.03%
	SAIC	F	0.0%	0.01%	0.0%
	SAM	C	0.0%	0.01%	0.0%
	SBUX	A	0.09%	0.21%	0.09%
	SCHW	B	0.21%	0.22%	0.21%
	SCI	B	0.03%	0.02%	0.02%
	SEE	C	0.01%	0.01%	0.01%
	SEIC	B	0.03%	0.02%	0.02%
	SF	B	0.04%	0.02%	0.02%
	SHW	A	0.14%	0.16%	0.14%
	SIRI	C	0.0%	0.01%	0.0%
	SITE	D	0.01%	0.01%	0.01%
	SJM	D	0.01%	0.02%	0.01%
	SKX	D	0.05%	0.01%	0.01%
	SLB	C	0.09%	0.11%	0.09%
	SLGN	A	0.0%	0.01%	0.0%
	SMAR	A	0.01%	0.01%	0.01%
	SMCI	F	0.01%	0.02%	0.01%
	SN	D	0.02%	0.01%	0.01%
	SNA	A	0.08%	0.03%	0.03%
	SNDR	B	0.0%	0.0%	0.0%
	SNOW	C	0.05%	0.07%	0.05%
	SNPS	B	0.12%	0.15%	0.12%
	SNV	B	0.03%	0.01%	0.01%
	SNX	C	0.04%	0.02%	0.02%
	SO	D	0.13%	0.18%	0.13%
	SOFI	A	0.04%	0.03%	0.03%
	SOLV	C	0.01%	0.02%	0.01%
	SON	D	0.02%	0.01%	0.01%
	SPB	C	0.0%	0.0%	0.0%
	SPGI	C	0.09%	0.29%	0.09%
	SQ	B	0.07%	0.09%	0.07%
	SRE	A	0.07%	0.11%	0.07%
	SRPT	D	0.01%	0.02%	0.01%
	SSD	D	0.04%	0.01%	0.01%
	SSNC	B	0.01%	0.03%	0.01%
	ST	F	0.0%	0.01%	0.0%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.12%	0.04%	0.04%
	STT	A	0.1%	0.05%	0.05%
	STZ	D	0.05%	0.07%	0.05%
	SW	A	0.1%	0.05%	0.05%
	SWK	D	0.02%	0.02%	0.02%
	SWKS	F	0.07%	0.02%	0.02%
	SYF	B	0.15%	0.05%	0.05%
	SYK	C	0.12%	0.26%	0.12%
	SYY	B	0.07%	0.07%	0.07%
	T	A	0.42%	0.3%	0.3%
	TAP	C	0.05%	0.02%	0.02%
	TDC	D	0.0%	0.01%	0.0%
	TDG	D	0.07%	0.13%	0.07%
	TDY	B	0.03%	0.04%	0.03%
	TEAM	A	0.05%	0.07%	0.05%
	TECH	D	0.02%	0.02%	0.02%
	TER	D	0.05%	0.03%	0.03%
	TFC	A	0.19%	0.11%	0.11%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.29%	0.13%	0.13%
	THC	D	0.02%	0.03%	0.02%
	THO	B	0.01%	0.01%	0.01%
	TJX	A	0.44%	0.25%	0.25%
	TKO	B	0.0%	0.02%	0.0%
	TKR	D	0.03%	0.01%	0.01%
	TMO	F	0.15%	0.36%	0.15%
	TMUS	B	0.31%	0.21%	0.21%
	TOL	B	0.07%	0.03%	0.03%
	TOST	B	0.02%	0.03%	0.02%
	TPG	A	0.0%	0.01%	0.0%
	TPL	A	0.13%	0.05%	0.05%
	TPR	B	0.08%	0.02%	0.02%
	TPX	B	0.02%	0.02%	0.02%
	TREX	C	0.04%	0.01%	0.01%
	TRGP	B	0.27%	0.08%	0.08%
	TRMB	B	0.02%	0.03%	0.02%
	TROW	B	0.1%	0.05%	0.05%
	TRU	D	0.02%	0.03%	0.02%
	TRV	B	0.26%	0.11%	0.11%
	TSCO	D	0.17%	0.05%	0.05%
	TSLA	B	0.78%	1.65%	0.78%
	TSN	B	0.05%	0.03%	0.03%
	TT	A	0.14%	0.17%	0.14%
	TTC	D	0.03%	0.02%	0.02%
	TTD	B	0.05%	0.1%	0.05%
	TTEK	F	0.01%	0.02%	0.01%
	TTWO	A	0.03%	0.06%	0.03%
	TW	A	0.02%	0.03%	0.02%
	TWLO	A	0.04%	0.03%	0.03%
	TXG	F	0.0%	0.0%	0.0%
	TXN	C	0.26%	0.34%	0.26%
	TXRH	C	0.09%	0.02%	0.02%
	TXT	D	0.05%	0.03%	0.03%
	TYL	B	0.04%	0.05%	0.04%
	U	C	0.01%	0.01%	0.01%
	UAL	A	0.19%	0.05%	0.05%
	UBER	D	0.09%	0.27%	0.09%
	UGI	A	0.0%	0.01%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.03%	0.01%	0.01%
	UHAL	D	0.03%	0.0%	0.0%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.06%	0.02%	0.02%
	UI	A	0.01%	0.0%	0.0%
	ULTA	F	0.11%	0.03%	0.03%
	UNH	C	0.36%	1.01%	0.36%
	UNM	A	0.06%	0.02%	0.02%
	UNP	C	0.47%	0.27%	0.27%
	UPS	C	0.19%	0.18%	0.18%
	URI	B	0.2%	0.1%	0.1%
	USB	A	0.23%	0.14%	0.14%
	USFD	A	0.01%	0.03%	0.01%
	UTHR	C	0.1%	0.03%	0.03%
	V	A	0.59%	0.9%	0.59%
	VEEV	C	0.05%	0.06%	0.05%
	VFC	C	0.03%	0.01%	0.01%
	VKTX	F	0.01%	0.01%	0.01%
	VLO	C	0.17%	0.08%	0.08%
	VLTO	D	0.06%	0.05%	0.05%
	VMC	B	0.05%	0.07%	0.05%
	VMI	B	0.05%	0.01%	0.01%
	VNT	B	0.01%	0.01%	0.01%
	VOYA	B	0.03%	0.02%	0.02%
	VRSK	A	0.12%	0.07%	0.07%
	VRSN	F	0.02%	0.03%	0.02%
	VRT	B	0.13%	0.08%	0.08%
	VRTX	F	0.25%	0.22%	0.22%
	VST	B	0.13%	0.09%	0.09%
	VTRS	A	0.09%	0.03%	0.03%
	VVV	F	0.01%	0.01%	0.01%
	VZ	C	0.45%	0.32%	0.32%
	W	F	0.0%	0.01%	0.0%
	WAB	B	0.04%	0.06%	0.04%
	WAL	B	0.06%	0.02%	0.02%
	WAT	B	0.05%	0.04%	0.04%
	WBA	F	0.0%	0.01%	0.0%
	WBD	C	0.03%	0.04%	0.03%
	WBS	A	0.05%	0.02%	0.02%
	WCC	B	0.07%	0.02%	0.02%
	WDAY	B	0.08%	0.1%	0.08%
	WDC	D	0.03%	0.04%	0.03%
	WEC	A	0.04%	0.06%	0.04%
	WEX	D	0.01%	0.01%	0.01%
	WFC	A	0.55%	0.48%	0.48%
	WFRD	D	0.05%	0.01%	0.01%
	WH	B	0.01%	0.01%	0.01%
	WHR	B	0.0%	0.01%	0.0%
	WING	D	0.01%	0.02%	0.01%
	WLK	D	0.02%	0.01%	0.01%
	WM	A	0.13%	0.16%	0.13%
	WMB	A	0.29%	0.13%	0.13%
	WMS	D	0.06%	0.02%	0.02%
	WMT	A	0.64%	0.68%	0.64%
	WOLF	F	0.0%	0.0%	0.0%
	WRB	A	0.07%	0.03%	0.03%
	WSC	D	0.01%	0.01%	0.01%
	WSM	B	0.11%	0.03%	0.03%
	WSO	A	0.05%	0.03%	0.03%
	WST	C	0.05%	0.04%	0.04%
	WTFC	A	0.05%	0.02%	0.02%
	WTRG	B	0.01%	0.02%	0.01%
	WTW	B	0.02%	0.06%	0.02%
	WWD	B	0.03%	0.02%	0.02%
	WYNN	D	0.01%	0.02%	0.01%
	X	C	0.03%	0.01%	0.01%
	XEL	A	0.11%	0.07%	0.07%
	XOM	B	1.04%	0.99%	0.99%
	XPO	B	0.04%	0.03%	0.03%
	XRAY	F	0.0%	0.01%	0.0%
	XYL	D	0.04%	0.05%	0.04%
	YUM	B	0.04%	0.07%	0.04%
	Z	A	0.02%	0.02%	0.02%
	ZBH	C	0.05%	0.04%	0.04%
	ZBRA	B	0.03%	0.04%	0.03%
	ZG	A	0.01%	0.01%	0.01%
	ZI	D	0.0%	0.01%	0.0%
	ZION	B	0.05%	0.02%	0.02%
	ZM	B	0.05%	0.04%	0.04%
	ZS	C	0.03%	0.03%	0.03%
	ZTS	D	0.2%	0.15%	0.15%

AVLC Overweight 135 Positions Relative to IWB

	Symbol	Grade	Weight
	MELI	D	0.39%
	SFM	A	0.12%
	FLEX	A	0.1%
	NXPI	D	0.08%
	SPOT	B	0.07%
	MLI	C	0.07%
	JXN	C	0.07%
	ANF	C	0.06%
	CRBG	B	0.05%
	AIT	A	0.05%
	LNTH	D	0.05%
	UFPI	B	0.05%
	ALV	C	0.05%
	CBT	C	0.05%
	ENSG	D	0.05%
	CHX	C	0.04%
	CRS	A	0.04%
	KBH	D	0.04%
	WCN	A	0.04%
	CMC	B	0.04%
	FN	D	0.04%
	NSIT	F	0.04%
	ONB	B	0.03%
	CVLT	B	0.03%
	SSB	B	0.03%
	ESNT	D	0.03%
	MUR	D	0.03%
	STX	D	0.03%
	NU	C	0.03%
	EXPO	D	0.03%
	HLNE	B	0.03%
	HALO	F	0.03%
	ENLC	A	0.03%
	DY	D	0.03%
	BCC	B	0.03%
	IBP	D	0.03%
	MOD	A	0.03%
	SATS	D	0.02%
	ERIE	D	0.02%
	CADE	B	0.02%
	RVMD	C	0.02%
	TMHC	B	0.02%
	QLYS	C	0.02%
	PCVX	D	0.02%
	MGY	A	0.02%
	HESM	B	0.02%
	CSWI	A	0.02%
	COOP	B	0.02%
	MTH	D	0.02%
	SWX	B	0.02%
	MOG.A	B	0.02%
	MMSI	B	0.02%
	FLR	B	0.02%
	BMI	B	0.02%
	SIGI	C	0.02%
	FSS	B	0.02%
	HOMB	A	0.02%
	AZN	D	0.02%
	INSM	C	0.02%
	EXLS	B	0.02%
	AUR	C	0.01%
	LANC	C	0.01%
	SM	B	0.01%
	PBF	D	0.01%
	IOT	A	0.01%
	PFSI	D	0.01%
	GKOS	B	0.01%
	MDGL	B	0.01%
	ZWS	B	0.01%
	WTS	B	0.01%
	SPSC	C	0.01%
	LUMN	C	0.01%
	BCPC	B	0.01%
	LEVI	F	0.01%
	XP	F	0.01%
	MARA	C	0.01%
	BECN	B	0.01%
	ATKR	C	0.01%
	VRNS	D	0.01%
	CWST	A	0.01%
	RRR	D	0.01%
	CWAN	B	0.01%
	KRYS	B	0.01%
	NPAB	B	0.01%
	AVAV	D	0.01%
	HQY	B	0.01%
	ALTR	B	0.01%
	SUM	B	0.01%
	VERX	B	0.01%
	NOVT	D	0.01%
	VAL	D	0.01%
	TDW	F	0.01%
	GTLS	B	0.01%
	CHWY	B	0.01%
	CYTK	F	0.01%
	TNET	D	0.01%
	PI	D	0.01%
	ADTN	A	0.01%
	SMMT	D	0.01%
	FLUT	A	0.01%
	RMBS	C	0.01%
	SNAP	C	0.01%
	BPMC	C	0.0%
	RBRK	A	0.0%
	ZETA	D	0.0%
	TMDX	F	0.0%
	RDDT	B	0.0%
	NUVL	D	0.0%
	ACT	D	0.0%
	MMS	F	0.0%
	CRDO	B	0.0%
	OPCH	D	0.0%
	FRHC	B	0.0%
	ALIT	C	0.0%
	TENB	C	0.0%
	WK	B	0.0%
	HRI	B	0.0%
	RDN	C	0.0%
	FIZZ	C	0.0%
	ALKS	B	0.0%
	PLUG	F	0.0%
	GBCI	B	0.0%
	BBIO	F	0.0%
	CRVL	A	0.0%
	BRZE	C	0.0%
	RNA	D	0.0%
	IMVT	F	0.0%
	FFIN	B	0.0%
	FG	B	0.0%
	SEDG	F	0.0%
	HIMS	B	0.0%
	KLG	C	0.0%
	EMBC	C	0.0%
	AGL	F	0.0%
	CRSP	D	0.0%

AVLC Underweight 159 Positions Relative to IWB

	Symbol	Grade	Weight
	PLD	D	-0.19%
	AMT	D	-0.17%
	EQIX	A	-0.16%
	WELL	A	-0.15%
	CRH	A	-0.12%
	SPG	B	-0.11%
	DLR	B	-0.11%
	PSA	D	-0.1%
	O	D	-0.09%
	CCI	D	-0.08%
	FERG	B	-0.07%
	EXR	D	-0.06%
	IRM	D	-0.06%
	VICI	C	-0.06%
	AVB	B	-0.06%
	EQR	B	-0.05%
	VTR	C	-0.05%
	SBAC	D	-0.04%
	WY	D	-0.04%
	EXE	B	-0.04%
	INVH	D	-0.04%
	COO	D	-0.04%
	ESS	B	-0.04%
	MAA	B	-0.03%
	ARE	D	-0.03%
	FWONK	B	-0.03%
	KIM	A	-0.03%
	GEN	B	-0.03%
	SUI	D	-0.03%
	DOC	D	-0.03%
	UDR	B	-0.03%
	REG	B	-0.03%
	ELS	C	-0.02%
	AMH	D	-0.02%
	GLPI	C	-0.02%
	CPT	B	-0.02%
	BXP	D	-0.02%
	WPC	D	-0.02%
	HST	C	-0.02%
	LAMR	D	-0.02%
	CUBE	D	-0.02%
	CAVA	B	-0.02%
	NLY	C	-0.02%
	OHI	C	-0.02%
	CNH	C	-0.02%
	FRT	B	-0.02%
	REXR	F	-0.02%
	BRX	A	-0.02%
	EGP	F	-0.02%
	ACI	C	-0.01%
	NNN	D	-0.01%
	ADC	B	-0.01%
	CART	C	-0.01%
	VNO	B	-0.01%
	AGNC	D	-0.01%
	FR	C	-0.01%
	STAG	F	-0.01%
	HR	C	-0.01%
	AZPN	A	-0.01%
	COLD	D	-0.01%
	LAZ	B	-0.01%
	STWD	C	-0.01%
	THG	A	-0.01%
	LITE	B	-0.01%
	RITM	C	-0.01%
	SLM	A	-0.01%
	CCCS	B	-0.01%
	VNOM	A	-0.01%
	AVT	C	-0.01%
	WTM	A	-0.01%
	CUZ	B	-0.01%
	LOPE	B	-0.01%
	KMPR	B	-0.01%
	KRC	C	-0.01%
	RYN	D	-0.01%
	GTES	A	-0.01%
	MSGS	A	-0.01%
	HOG	D	-0.01%
	LINE	F	-0.01%
	MSM	C	-0.01%
	ASH	D	-0.01%
	NWL	B	-0.01%
	DNB	B	-0.01%
	PRGO	B	-0.01%
	TNL	A	-0.01%
	SPR	D	-0.01%
	IRDM	D	-0.01%
	FHB	A	-0.01%
	HIW	D	-0.01%
	IAC	D	-0.01%
	PII	D	-0.01%
	NCNO	B	-0.01%
	BHF	B	-0.01%
	HUN	F	-0.01%
	VAC	B	-0.01%
	SMG	D	-0.01%
	YETI	C	-0.01%
	PENN	C	-0.01%
	EPR	D	-0.01%
	WEN	D	-0.01%
	AMTM	D	-0.01%
	WU	D	-0.01%
	RNG	B	-0.01%
	SNRE	D	-0.01%
	PK	B	-0.01%
	LLYVK	A	-0.01%
	NSA	D	-0.01%
	VIRT	B	-0.01%
	MAN	D	-0.01%
	COLM	B	-0.01%
	ECG	C	-0.01%
	AMED	F	-0.01%
	CC	C	-0.01%
	FIVN	C	-0.01%
	CXT	B	-0.0%
	HHH	B	-0.0%
	DV	C	-0.0%
	ENOV	C	-0.0%
	MPW	F	-0.0%
	JWN	C	-0.0%
	CPRI	F	-0.0%
	MP	B	-0.0%
	PINC	B	-0.0%
	HAYW	B	-0.0%
	AZTA	D	-0.0%
	AAP	C	-0.0%
	ADT	C	-0.0%
	RCM	F	-0.0%
	SHC	F	-0.0%
	LBTYK	A	-0.0%
	LBTYA	B	-0.0%
	KSS	F	-0.0%
	CRI	D	-0.0%
	UAA	C	-0.0%
	VSTS	C	-0.0%
	QDEL	F	-0.0%
	ALAB	B	-0.0%
	RKT	F	-0.0%
	FWONA	B	-0.0%
	FTRE	D	-0.0%
	CLVT	F	-0.0%
	UA	C	-0.0%
	QS	F	-0.0%
	GO	C	-0.0%
	LEG	F	-0.0%
	DJT	C	-0.0%
	TRIP	F	-0.0%
	LLYVA	A	-0.0%
	PYCR	C	-0.0%
	CERT	F	-0.0%
	AS	B	-0.0%
	TFSL	A	-0.0%
	LOAR	A	-0.0%
	SEB	F	-0.0%
	UWMC	D	-0.0%
	GRAL	C	-0.0%
	PARAA	B	-0.0%
	SEG	B	-0.0%
	PLTK	B	-0.0%

AVLC: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Banks - Regional - US Diversified Industrials Business Services Software - Infrastructure Asset Management Oil & Gas E&P Semiconductors Utilities - Regulated Electric Specialty Retail Diagnostics & Research Capital Markets Packaged Foods Information Technology Services Specialty Chemicals Aerospace & Defense Building Materials Insurance - Property & Casualty Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor Dow Jones Component IBD 50 Insurance Products Biotechnology Building Materials

IWB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Software - Infrastructure Business Services Diagnostics & Research Semiconductors Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Capital Markets Aerospace & Defense Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Packaging & Containers Building Materials

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