EQAL vs. IWS ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to iShares Russell Mid-cap Value ETF (IWS)

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$45.50

Average Daily Volume

26,117

Number of Holdings ^*

958

* may have additional holdings in another (foreign) market

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. 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 Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$123.18

Average Daily Volume

321,462

Number of Holdings ^*

694

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	IWS
30 Days	3.74%	3.71%
60 Days	-0.85%	-0.98%
90 Days	2.31%	2.65%
12 Months	17.30%	22.65%

657 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in IWS	Overlap
A	B	0.08%	0.1%	0.08%
AA	B	0.32%	0.09%	0.09%
AAL	C	0.05%	0.07%	0.05%
AAP	D	0.05%	0.05%	0.05%
ACGL	A	0.08%	0.4%	0.08%
ACHC	D	0.06%	0.07%	0.06%
ACI	C	0.17%	0.1%	0.1%
ACM	D	0.05%	0.15%	0.05%
ADC	B	0.15%	0.07%	0.07%
AEE	B	0.2%	0.23%	0.2%
AES	B	0.26%	0.07%	0.07%
AFG	C	0.07%	0.12%	0.07%
AFL	A	0.07%	0.64%	0.07%
AFRM	D	0.04%	0.09%	0.04%
AGCO	D	0.05%	0.08%	0.05%
AGL	F	0.08%	0.0%	0.0%
AGNC	A	0.07%	0.08%	0.07%
AGO	D	0.05%	0.05%	0.05%
AGR	B	0.2%	0.03%	0.03%
AIRC	A	0.18%	0.07%	0.07%
AIZ	D	0.06%	0.11%	0.06%
AJG	C	0.07%	0.64%	0.07%
AKAM	F	0.06%	0.18%	0.06%
AL	C	0.05%	0.06%	0.05%
ALB	C	0.23%	0.19%	0.19%
ALK	B	0.06%	0.07%	0.06%
ALL	B	0.07%	0.54%	0.07%
ALLE	D	0.05%	0.01%	0.01%
ALLY	B	0.07%	0.13%	0.07%
ALNY	C	0.08%	0.05%	0.05%
ALSN	D	0.05%	0.08%	0.05%
AM	A	0.24%	0.04%	0.04%
AMC	F	0.05%	0.02%	0.02%
AMCR	A	0.05%	0.18%	0.05%
AME	D	0.05%	0.5%	0.05%
AMED	A	0.08%	0.04%	0.04%
AMG	D	0.06%	0.07%	0.06%
AMH	C	0.15%	0.15%	0.15%
AN	B	0.06%	0.06%	0.06%
ANSS	D	0.07%	0.06%	0.06%
AOS	C	0.05%	0.12%	0.05%
APA	F	0.22%	0.04%	0.04%
APH	A	0.08%	0.5%	0.08%
APP	B	0.09%	0.15%	0.09%
APTV	C	0.06%	0.28%	0.06%
AR	C	0.29%	0.12%	0.12%
ARE	D	0.14%	0.26%	0.14%
ARMK	B	0.05%	0.1%	0.05%
ARW	B	0.07%	0.09%	0.07%
ASH	A	0.24%	0.06%	0.06%
ATO	C	0.2%	0.21%	0.2%
ATR	B	0.05%	0.12%	0.05%
AVB	A	0.15%	0.35%	0.15%
AVT	A	0.08%	0.06%	0.06%
AVTR	D	0.08%	0.2%	0.08%
AVY	A	0.25%	0.16%	0.16%
AWI	D	0.05%	0.05%	0.05%
AWK	B	0.22%	0.32%	0.22%
AXS	A	0.08%	0.07%	0.07%
AXTA	A	0.05%	0.09%	0.05%
AYI	C	0.05%	0.1%	0.05%
AZEK	D	0.05%	0.09%	0.05%
AZTA	F	0.06%	0.04%	0.04%
BALL	C	0.05%	0.27%	0.05%
BAX	F	0.06%	0.22%	0.06%
BBWI	B	0.06%	0.14%	0.06%
BBY	D	0.05%	0.15%	0.05%
BC	D	0.04%	0.06%	0.04%
BEN	D	0.05%	0.09%	0.05%
BERY	C	0.05%	0.09%	0.05%
BFAM	C	0.05%	0.07%	0.05%
BG	B	0.19%	0.19%	0.19%
BHF	F	0.06%	0.03%	0.03%
BIIB	C	0.08%	0.39%	0.08%
BILL	F	0.04%	0.07%	0.04%
BIO	F	0.07%	0.07%	0.07%
BIRK	C	0.05%	0.01%	0.01%
BJ	B	0.06%	0.1%	0.06%
BK	A	0.07%	0.57%	0.07%
BKR	D	0.24%	0.41%	0.24%
BLD	C	0.05%	0.15%	0.05%
BLDR	D	0.04%	0.26%	0.04%
BMRN	F	0.07%	0.16%	0.07%
BOKF	A	0.07%	0.03%	0.03%
BPOP	A	0.07%	0.08%	0.07%
BR	D	0.07%	0.05%	0.05%
BRO	B	0.07%	0.16%	0.07%
BRX	B	0.14%	0.08%	0.08%
BSY	A	0.07%	0.01%	0.01%
BWA	B	0.06%	0.1%	0.06%
BWXT	D	0.04%	0.08%	0.04%
BXP	D	0.14%	0.12%	0.12%
BYD	F	0.04%	0.05%	0.04%
CABO	F	0.41%	0.02%	0.02%
CACC	D	0.05%	0.04%	0.04%
CACC	D	0.06%	0.04%	0.04%
CACI	A	0.08%	0.12%	0.08%
CAG	B	0.19%	0.18%	0.18%
CAH	F	0.07%	0.15%	0.07%
CAR	D	0.05%	0.02%	0.02%
CARR	A	0.05%	0.69%	0.05%
CASY	A	0.19%	0.14%	0.14%
CBRE	D	0.14%	0.34%	0.14%
CBSH	A	0.07%	0.08%	0.07%
CC	B	0.25%	0.05%	0.05%
CCK	B	0.05%	0.11%	0.05%
CCL	F	0.05%	0.19%	0.05%
CDW	D	0.06%	0.02%	0.02%
CE	D	0.23%	0.19%	0.19%
CEG	B	0.25%	0.93%	0.25%
CERT	D	0.07%	0.02%	0.02%
CF	F	0.22%	0.19%	0.19%
CFG	A	0.07%	0.21%	0.07%
CFR	D	0.06%	0.08%	0.06%
CG	D	0.06%	0.12%	0.06%
CGNX	B	0.06%	0.1%	0.06%
CHD	A	0.17%	0.03%	0.03%
CHE	D	0.07%	0.03%	0.03%
CHK	C	0.25%	0.14%	0.14%
CHRW	B	0.06%	0.03%	0.03%
CIEN	D	0.5%	0.09%	0.09%
CINF	C	0.07%	0.23%	0.07%
CLF	D	0.19%	0.11%	0.11%
CLH	B	0.23%	0.14%	0.14%
CLVT	F	0.06%	0.03%	0.03%
CMA	B	0.06%	0.08%	0.06%
CMI	A	0.05%	0.49%	0.05%
CMS	A	0.21%	0.22%	0.21%
CNA	B	0.07%	0.01%	0.01%
CNM	A	0.06%	0.13%	0.06%
CNP	B	0.21%	0.23%	0.21%
CNXC	F	0.07%	0.03%	0.03%
COHR	D	0.06%	0.1%	0.06%
COIN	D	0.06%	0.51%	0.06%
COLB	C	0.06%	0.05%	0.05%
COLD	D	0.14%	0.09%	0.09%
COLM	B	0.06%	0.04%	0.04%
COTY	F	0.04%	0.05%	0.04%
CPAY	D	0.05%	0.02%	0.02%
CPB	B	0.18%	0.11%	0.11%
CPRI	F	0.04%	0.05%	0.04%
CPT	B	0.16%	0.14%	0.14%
CRI	F	0.04%	0.03%	0.03%
CRL	D	0.06%	0.14%	0.06%
CRUS	A	0.08%	0.08%	0.08%
CSGP	C	0.15%	0.25%	0.15%
CSL	A	0.06%	0.26%	0.06%
CTAS	A	0.05%	0.08%	0.05%
CTLT	D	0.08%	0.12%	0.08%
CTRA	B	0.24%	0.25%	0.24%
CTSH	D	0.06%	0.43%	0.06%
CTVA	B	0.17%	0.49%	0.17%
CUBE	D	0.14%	0.12%	0.12%
CUZ	B	0.14%	0.04%	0.04%
CW	A	0.06%	0.13%	0.06%
CWEN	B	0.24%	0.01%	0.01%
CWEN	B	0.24%	0.03%	0.03%
CZR	F	0.04%	0.05%	0.04%
DAL	A	0.07%	0.4%	0.07%
DAR	D	0.16%	0.08%	0.08%
DASH	D	0.06%	0.1%	0.06%
DAY	D	0.06%	0.1%	0.06%
DBX	F	0.07%	0.01%	0.01%
DCI	A	0.05%	0.07%	0.05%
DD	A	0.06%	0.44%	0.06%
DFS	C	0.07%	0.39%	0.07%
DGX	B	0.09%	0.2%	0.09%
DHI	D	0.05%	0.55%	0.05%
DINO	D	0.22%	0.11%	0.11%
DKS	D	0.06%	0.12%	0.06%
DLB	C	0.07%	0.06%	0.06%
DLR	D	0.14%	0.56%	0.14%
DLTR	D	0.04%	0.3%	0.04%
DNA	F	0.04%	0.01%	0.01%
DNB	B	0.07%	0.03%	0.03%
DOC	A	0.16%	0.17%	0.16%
DOCS	F	0.08%	0.02%	0.02%
DOV	A	0.05%	0.32%	0.05%
DOX	F	0.06%	0.12%	0.06%
DRI	F	0.05%	0.12%	0.05%
DRVN	F	0.04%	0.01%	0.01%
DTE	A	0.2%	0.29%	0.2%
DTM	A	0.26%	0.08%	0.08%
DVN	C	0.24%	0.39%	0.24%
DXC	F	0.05%	0.04%	0.04%
EA	F	0.05%	0.46%	0.05%
EBAY	D	0.06%	0.33%	0.06%
ED	A	0.21%	0.41%	0.21%
EEFT	B	0.05%	0.03%	0.03%
EFX	D	0.04%	0.11%	0.04%
EG	C	0.07%	0.18%	0.07%
EGP	D	0.13%	0.09%	0.09%
EHC	A	0.09%	0.1%	0.09%
EIX	A	0.22%	0.36%	0.22%
ELAN	C	0.08%	0.1%	0.08%
ELS	D	0.14%	0.09%	0.09%
EME	A	0.06%	0.15%	0.06%
EMN	A	0.26%	0.15%	0.15%
ENOV	F	0.06%	0.03%	0.03%
ENTG	D	0.06%	0.24%	0.06%
EPR	C	0.14%	0.04%	0.04%
EQR	A	0.15%	0.31%	0.15%
EQT	C	0.24%	0.18%	0.18%
ES	B	0.2%	0.25%	0.2%
ESAB	B	0.05%	0.07%	0.05%
ESI	D	0.23%	0.07%	0.07%
ESS	A	0.16%	0.21%	0.16%
ETR	A	0.22%	0.29%	0.22%
ETSY	F	0.05%	0.04%	0.04%
EVR	B	0.07%	0.09%	0.07%
EVRG	B	0.21%	0.15%	0.15%
EWBC	B	0.06%	0.13%	0.06%
EXAS	F	0.07%	0.07%	0.07%
EXEL	F	0.07%	0.02%	0.02%
EXP	A	0.05%	0.04%	0.04%
EXPD	D	0.05%	0.19%	0.05%
EXPE	F	0.05%	0.05%	0.05%
EXR	C	0.14%	0.38%	0.14%
FAF	D	0.06%	0.07%	0.06%
FANG	B	0.24%	0.43%	0.24%
FAST	D	0.2%	0.12%	0.12%
FCN	B	0.05%	0.08%	0.05%
FCNCA	B	0.07%	0.22%	0.07%
FE	A	0.21%	0.27%	0.21%
FFIV	D	0.06%	0.13%	0.06%
FHB	B	0.06%	0.03%	0.03%
FHN	A	0.07%	0.11%	0.07%
FIS	A	0.05%	0.58%	0.05%
FITB	A	0.07%	0.32%	0.07%
FLO	B	0.18%	0.06%	0.06%
FLS	A	0.06%	0.08%	0.06%
FMC	C	0.22%	0.08%	0.08%
FNB	A	0.07%	0.06%	0.06%
FNF	B	0.06%	0.17%	0.06%
FOXA	B	0.06%	0.1%	0.06%
FR	D	0.13%	0.08%	0.08%
FRPT	B	0.2%	0.05%	0.05%
FRT	C	0.14%	0.1%	0.1%
FSLR	B	0.36%	0.37%	0.36%
FTI	B	0.26%	0.14%	0.14%
FTRE	D	0.06%	0.03%	0.03%
FTV	D	0.04%	0.34%	0.04%
FYBR	B	0.58%	0.08%	0.08%
G	D	0.05%	0.06%	0.05%
GDDY	A	0.08%	0.1%	0.08%
GFS	D	0.06%	0.05%	0.05%
GGG	D	0.04%	0.1%	0.04%
GL	F	0.04%	0.09%	0.04%
GLPI	D	0.14%	0.14%	0.14%
GLW	B	0.08%	0.35%	0.08%
GME	C	0.07%	0.06%	0.06%
GMED	A	0.1%	0.07%	0.07%
GNRC	B	0.06%	0.11%	0.06%
GNTX	D	0.05%	0.1%	0.05%
GO	F	0.15%	0.03%	0.03%
GPC	C	0.05%	0.26%	0.05%
GPK	C	0.05%	0.05%	0.05%
GPN	F	0.04%	0.33%	0.04%
GPS	D	0.06%	0.05%	0.05%
GRMN	A	0.06%	0.32%	0.06%
GTES	D	0.06%	0.04%	0.04%
GWRE	B	0.07%	0.12%	0.07%
GXO	C	0.05%	0.07%	0.05%
H	D	0.05%	0.08%	0.05%
HAL	F	0.23%	0.33%	0.23%
HAS	C	0.06%	0.1%	0.06%
HAYW	C	0.05%	0.02%	0.02%
HBAN	A	0.07%	0.25%	0.07%
HCP	B	0.09%	0.01%	0.01%
HE	F	0.18%	0.01%	0.01%
HEI	A	0.06%	0.01%	0.01%
HEI	A	0.06%	0.02%	0.02%
HES	B	0.24%	0.23%	0.23%
HIG	B	0.07%	0.38%	0.07%
HII	D	0.04%	0.13%	0.04%
HIW	B	0.15%	0.03%	0.03%
HLI	A	0.07%	0.08%	0.07%
HLT	C	0.05%	0.35%	0.05%
HOG	D	0.05%	0.06%	0.05%
HOLX	D	0.08%	0.22%	0.08%
HOOD	D	0.08%	0.16%	0.08%
HPE	D	0.07%	0.3%	0.07%
HPQ	C	0.07%	0.28%	0.07%
HRB	A	0.06%	0.03%	0.03%
HRL	B	0.17%	0.13%	0.13%
HSIC	C	0.08%	0.12%	0.08%
HST	D	0.13%	0.16%	0.13%
HTZ	F	0.03%	0.01%	0.01%
HUBB	C	0.05%	0.15%	0.05%
HUN	D	0.22%	0.05%	0.05%
HWM	B	0.06%	0.4%	0.06%
HXL	C	0.21%	0.07%	0.07%
IAC	B	0.07%	0.05%	0.05%
IART	F	0.06%	0.02%	0.02%
IBKR	B	0.08%	0.17%	0.08%
ICLR	D	0.08%	0.28%	0.08%
ICUI	C	0.08%	0.03%	0.03%
IDA	B	0.22%	0.06%	0.06%
IEX	D	0.04%	0.19%	0.04%
IFF	A	0.28%	0.31%	0.28%
ILMN	F	0.06%	0.15%	0.06%
INCY	F	0.08%	0.04%	0.04%
INFA	D	0.06%	0.02%	0.02%
INGR	A	0.17%	0.1%	0.1%
INVH	B	0.15%	0.26%	0.15%
IONS	F	0.07%	0.01%	0.01%
IP	B	0.29%	0.2%	0.2%
IPG	D	0.05%	0.15%	0.05%
IPGP	D	0.07%	0.03%	0.03%
IQV	D	0.07%	0.04%	0.04%
IR	D	0.05%	0.49%	0.05%
IRDM	D	0.55%	0.0%	0.0%
IRM	C	0.14%	0.15%	0.14%
ITT	A	0.05%	0.14%	0.05%
IVZ	C	0.06%	0.07%	0.06%
J	D	0.05%	0.22%	0.05%
JAZZ	F	0.07%	0.04%	0.04%
JBHT	D	0.04%	0.13%	0.04%
JBL	D	0.05%	0.07%	0.05%
JEF	A	0.07%	0.11%	0.07%
JHG	A	0.07%	0.06%	0.06%
JKHY	C	0.05%	0.11%	0.05%
JLL	B	0.16%	0.12%	0.12%
JNPR	D	0.5%	0.14%	0.14%
JWN	B	0.07%	0.03%	0.03%
K	B	0.19%	0.2%	0.19%
KBR	B	0.07%	0.07%	0.07%
KD	A	0.09%	0.08%	0.08%
KEX	A	0.07%	0.09%	0.07%
KEY	B	0.06%	0.17%	0.06%
KEYS	D	0.05%	0.24%	0.05%
KIM	B	0.14%	0.15%	0.14%
KKR	B	0.07%	0.67%	0.07%
KLG	C	0.23%	0.02%	0.02%
KMPR	B	0.07%	0.04%	0.04%
KMX	D	0.05%	0.13%	0.05%
KNX	D	0.04%	0.09%	0.04%
KR	C	0.16%	0.44%	0.16%
KRC	D	0.13%	0.05%	0.05%
KSS	F	0.05%	0.04%	0.04%
L	A	0.06%	0.17%	0.06%
LAD	D	0.05%	0.09%	0.05%
LAMR	A	0.15%	0.03%	0.03%
LBRDK	F	0.48%	0.06%	0.06%
LCID	F	0.05%	0.03%	0.03%
LDOS	A	0.08%	0.26%	0.08%
LEA	D	0.05%	0.09%	0.05%
LECO	D	0.04%	0.01%	0.01%
LEG	F	0.03%	0.02%	0.02%
LEN	C	0.05%	0.48%	0.05%
LEN	C	0.05%	0.02%	0.02%
LFUS	B	0.05%	0.08%	0.05%
LII	B	0.05%	0.2%	0.05%
LITE	F	0.5%	0.04%	0.04%
LKQ	D	0.04%	0.14%	0.04%
LNC	B	0.08%	0.07%	0.07%
LNT	B	0.21%	0.16%	0.16%
LOPE	B	0.06%	0.04%	0.04%
LPX	A	0.06%	0.07%	0.06%
LSTR	C	0.05%	0.02%	0.02%
LUV	D	0.04%	0.2%	0.04%
LW	D	0.15%	0.01%	0.01%
LYB	C	0.23%	0.32%	0.23%
LYV	D	0.05%	0.15%	0.05%
M	D	0.05%	0.07%	0.05%
MAA	B	0.15%	0.19%	0.15%
MAN	B	0.05%	0.05%	0.05%
MAS	D	0.04%	0.2%	0.04%
MAT	D	0.05%	0.08%	0.05%
MCHP	C	0.07%	0.19%	0.07%
MCW	B	0.05%	0.01%	0.01%
MDU	A	0.06%	0.06%	0.06%
MGM	F	0.05%	0.14%	0.05%
MHK	C	0.05%	0.08%	0.05%
MIDD	F	0.04%	0.08%	0.04%
MKC	B	0.18%	0.23%	0.18%
MKL	A	0.07%	0.27%	0.07%
MKSI	C	0.05%	0.11%	0.05%
MLM	C	0.05%	0.45%	0.05%
MOH	D	0.07%	0.11%	0.07%
MOS	F	0.23%	0.13%	0.13%
MP	C	0.26%	0.02%	0.02%
MPW	C	0.17%	0.04%	0.04%
MRCY	D	0.05%	0.02%	0.02%
MRO	D	0.24%	0.19%	0.19%
MRVI	C	0.12%	0.01%	0.01%
MRVL	D	0.06%	0.83%	0.06%
MSA	C	0.05%	0.07%	0.05%
MSCI	D	0.06%	0.24%	0.06%
MSGS	B	0.05%	0.04%	0.04%
MSM	D	0.04%	0.05%	0.04%
MTB	A	0.07%	0.31%	0.07%
MTCH	F	0.06%	0.01%	0.01%
MTG	B	0.07%	0.07%	0.07%
MTN	D	0.05%	0.08%	0.05%
MTZ	B	0.06%	0.09%	0.06%
MUSA	A	0.06%	0.01%	0.01%
NATL	B	0.07%	0.02%	0.02%
NCLH	F	0.04%	0.06%	0.04%
NCNO	C	0.07%	0.02%	0.02%
NDAQ	C	0.07%	0.29%	0.07%
NDSN	A	0.04%	0.17%	0.04%
NEU	D	0.2%	0.04%	0.04%
NFG	A	0.22%	0.06%	0.06%
NI	A	0.21%	0.15%	0.15%
NNN	A	0.14%	0.1%	0.1%
NOV	D	0.24%	0.09%	0.09%
NRG	A	0.27%	0.24%	0.24%
NSA	C	0.14%	0.03%	0.03%
NTAP	B	0.08%	0.18%	0.08%
NTNX	A	0.08%	0.17%	0.08%
NTRS	B	0.07%	0.21%	0.07%
NU	B	0.07%	0.11%	0.07%
NUE	D	0.22%	0.53%	0.22%
NVR	D	0.05%	0.25%	0.05%
NVST	F	0.07%	0.04%	0.04%
NVT	B	0.06%	0.18%	0.06%
NWL	C	0.06%	0.04%	0.04%
NWSA	D	0.05%	0.13%	0.05%
NXST	B	0.05%	0.04%	0.04%
NYCB	D	0.06%	0.03%	0.03%
NYT	B	0.06%	0.1%	0.06%
O	B	0.15%	0.55%	0.15%
OC	A	0.06%	0.2%	0.06%
ODFL	D	0.04%	0.03%	0.03%
OGE	A	0.21%	0.09%	0.09%
OGN	B	0.09%	0.07%	0.07%
OHI	C	0.15%	0.1%	0.1%
OKE	A	0.24%	0.56%	0.24%
OKTA	D	0.06%	0.18%	0.06%
OLED	B	0.07%	0.06%	0.06%
OLLI	B	0.05%	0.04%	0.04%
OLN	D	0.22%	0.08%	0.08%
OLPX	F	0.13%	0.0%	0.0%
OMC	A	0.06%	0.24%	0.06%
OMF	B	0.06%	0.07%	0.06%
ON	F	0.06%	0.39%	0.06%
ORI	A	0.07%	0.1%	0.07%
OSK	C	0.05%	0.09%	0.05%
OTIS	C	0.05%	0.48%	0.05%
OVV	D	0.22%	0.09%	0.09%
OWL	B	0.07%	0.09%	0.07%
OZK	B	0.07%	0.06%	0.06%
PAG	B	0.05%	0.04%	0.04%
PARA	C	0.06%	0.09%	0.06%
PATH	F	0.06%	0.02%	0.02%
PB	B	0.06%	0.07%	0.06%
PCAR	D	0.05%	0.71%	0.05%
PCG	B	0.22%	0.47%	0.22%
PEG	A	0.23%	0.47%	0.23%
PENN	F	0.05%	0.03%	0.03%
PFG	C	0.07%	0.25%	0.07%
PFGC	D	0.15%	0.07%	0.07%
PH	A	0.05%	0.85%	0.05%
PHIN	A	0.07%	0.03%	0.03%
PHM	B	0.05%	0.31%	0.05%
PII	F	0.05%	0.05%	0.05%
PINC	F	0.07%	0.03%	0.03%
PK	D	0.14%	0.04%	0.04%
PKG	D	0.05%	0.2%	0.05%
PLNT	C	0.05%	0.04%	0.04%
PLTK	C	0.07%	0.0%	0.0%
PLUG	F	0.18%	0.02%	0.02%
PNFP	C	0.06%	0.08%	0.06%
PNR	B	0.05%	0.17%	0.05%
PNW	B	0.22%	0.11%	0.11%
POST	A	0.17%	0.07%	0.07%
PPC	A	0.19%	0.02%	0.02%
PPG	D	0.05%	0.29%	0.05%
PPL	A	0.22%	0.27%	0.22%
PRGO	D	0.08%	0.05%	0.05%
PRI	D	0.06%	0.04%	0.04%
PRU	A	0.07%	0.55%	0.07%
PSTG	C	0.07%	0.05%	0.05%
PSX	D	0.22%	0.79%	0.22%
PTC	D	0.07%	0.13%	0.07%
PVH	D	0.05%	0.09%	0.05%
PWR	A	0.06%	0.38%	0.06%
PYCR	F	0.05%	0.01%	0.01%
QGEN	B	0.08%	0.12%	0.08%
QRVO	F	0.06%	0.12%	0.06%
QS	F	0.05%	0.02%	0.02%
R	A	0.05%	0.07%	0.05%
RBA	C	0.05%	0.04%	0.04%
RBC	C	0.25%	0.1%	0.1%
RCL	B	0.06%	0.31%	0.06%
RCM	F	0.07%	0.02%	0.02%
REG	D	0.14%	0.13%	0.13%
REXR	D	0.12%	0.12%	0.12%
REYN	A	0.17%	0.02%	0.02%
RF	B	0.06%	0.22%	0.06%
RGA	A	0.07%	0.18%	0.07%
RGEN	D	0.06%	0.06%	0.06%
RGLD	B	0.27%	0.11%	0.11%
RH	C	0.05%	0.04%	0.04%
RHI	D	0.04%	0.09%	0.04%
RIVN	F	0.04%	0.09%	0.04%
RJF	B	0.07%	0.3%	0.07%
RKT	B	0.07%	0.01%	0.01%
RL	D	0.05%	0.09%	0.05%
RLI	A	0.06%	0.06%	0.06%
RNR	D	0.07%	0.11%	0.07%
ROKU	F	0.48%	0.08%	0.08%
ROST	D	0.05%	0.04%	0.04%
RPM	D	0.05%	0.15%	0.05%
RPRX	F	0.07%	0.12%	0.07%
RRC	C	0.25%	0.11%	0.11%
RRX	D	0.04%	0.12%	0.04%
RS	D	0.22%	0.22%	0.22%
RSG	B	0.21%	0.49%	0.21%
RUN	F	0.2%	0.04%	0.04%
RYN	F	0.13%	0.05%	0.05%
S	D	0.06%	0.06%	0.06%
SAIA	F	0.03%	0.12%	0.03%
SAIC	B	0.07%	0.09%	0.07%
SAM	D	0.15%	0.0%	0.0%
SBAC	D	0.13%	0.23%	0.13%
SCI	D	0.05%	0.08%	0.05%
SEB	D	0.18%	0.01%	0.01%
SEE	B	0.05%	0.03%	0.03%
SEIC	D	0.06%	0.09%	0.06%
SF	A	0.07%	0.1%	0.07%
SHC	F	0.06%	0.01%	0.01%
SIRI	F	0.04%	0.02%	0.02%
SITE	D	0.05%	0.06%	0.05%
SJM	D	0.16%	0.14%	0.14%
SKX	A	0.06%	0.11%	0.06%
SLGN	B	0.05%	0.05%	0.05%
SLM	B	0.06%	0.04%	0.04%
SNA	D	0.05%	0.18%	0.05%
SNDR	D	0.05%	0.02%	0.02%
SNV	A	0.06%	0.07%	0.06%
SNX	A	0.09%	0.11%	0.09%
SOFI	F	0.06%	0.08%	0.06%
SON	B	0.05%	0.07%	0.05%
SPB	B	0.19%	0.04%	0.04%
SPG	D	0.14%	0.47%	0.14%
SPR	D	0.04%	0.04%	0.04%
SQ	D	0.04%	0.29%	0.04%
SRCL	D	0.17%	0.06%	0.06%
SSNC	C	0.07%	0.17%	0.07%
ST	B	0.06%	0.08%	0.06%
STAG	D	0.14%	0.08%	0.08%
STE	C	0.08%	0.29%	0.08%
STLD	D	0.24%	0.26%	0.24%
STT	B	0.07%	0.29%	0.07%
STWD	C	0.06%	0.07%	0.06%
SUI	D	0.13%	0.14%	0.13%
SWK	D	0.05%	0.17%	0.05%
SWKS	F	0.06%	0.18%	0.06%
SWN	C	0.24%	0.1%	0.1%
SYF	B	0.05%	0.22%	0.05%
TAP	D	0.14%	0.12%	0.12%
TDG	A	0.06%	0.75%	0.06%
TDOC	F	0.06%	0.02%	0.02%
TDY	D	0.05%	0.24%	0.05%
TECH	B	0.08%	0.01%	0.01%
TER	A	0.09%	0.05%	0.05%
TFSL	B	0.07%	0.01%	0.01%
TFX	F	0.07%	0.12%	0.07%
THC	A	0.11%	0.17%	0.11%
THG	A	0.07%	0.06%	0.06%
THO	D	0.05%	0.06%	0.05%
TKR	B	0.24%	0.07%	0.07%
TNDM	B	0.14%	0.04%	0.04%
TNL	D	0.05%	0.02%	0.02%
TOL	B	0.05%	0.16%	0.05%
TPG	D	0.06%	0.03%	0.03%
TPR	D	0.05%	0.11%	0.05%
TPX	C	0.05%	0.08%	0.05%
TRIP	F	0.04%	0.02%	0.02%
TRMB	D	0.05%	0.18%	0.05%
TROW	D	0.07%	0.33%	0.07%
TRU	B	0.05%	0.19%	0.05%
TSN	C	0.19%	0.21%	0.19%
TT	A	0.06%	0.68%	0.06%
TTEK	A	0.06%	0.12%	0.06%
TTWO	D	0.06%	0.32%	0.06%
TW	B	0.07%	0.11%	0.07%
TWLO	D	0.07%	0.11%	0.07%
TXT	D	0.05%	0.22%	0.05%
TYL	A	0.08%	0.06%	0.06%
U	F	0.05%	0.04%	0.04%
UAA	F	0.04%	0.02%	0.02%
UAL	B	0.06%	0.21%	0.06%
UDR	B	0.15%	0.15%	0.15%
UGI	C	0.2%	0.06%	0.06%
UHAL	B	0.05%	0.05%	0.05%
UHAL	B	0.05%	0.0%	0.0%
UHS	C	0.08%	0.13%	0.08%
UNM	B	0.07%	0.12%	0.07%
URI	C	0.05%	0.46%	0.05%
USFD	B	0.17%	0.15%	0.15%
UTHR	B	0.09%	0.16%	0.09%
UWMC	B	0.07%	0.01%	0.01%
VAC	C	0.05%	0.04%	0.04%
VFC	F	0.04%	0.05%	0.04%
VICI	B	0.15%	0.37%	0.15%
VIRT	A	0.08%	0.02%	0.02%
VMC	B	0.05%	0.34%	0.05%
VMI	B	0.06%	0.06%	0.06%
VNO	F	0.13%	0.05%	0.05%
VNT	D	0.05%	0.05%	0.05%
VOYA	B	0.07%	0.09%	0.07%
VRSN	F	0.06%	0.18%	0.06%
VRT	B	0.1%	0.42%	0.1%
VSAT	D	0.41%	0.02%	0.02%
VSCO	D	0.06%	0.01%	0.01%
VST	B	0.32%	0.32%	0.32%
VSTS	F	0.03%	0.02%	0.02%
VTR	B	0.16%	0.24%	0.16%
VTRS	D	0.07%	0.16%	0.07%
VVV	D	0.21%	0.05%	0.05%
W	B	0.06%	0.04%	0.04%
WAB	A	0.06%	0.38%	0.06%
WAL	B	0.07%	0.09%	0.07%
WBA	F	0.13%	0.14%	0.13%
WBD	F	0.05%	0.21%	0.05%
WBS	D	0.06%	0.1%	0.06%
WCC	B	0.06%	0.11%	0.06%
WDC	B	0.08%	0.3%	0.08%
WEC	B	0.2%	0.32%	0.2%
WELL	A	0.16%	0.7%	0.16%
WEX	D	0.04%	0.05%	0.04%
WH	F	0.05%	0.07%	0.05%
WHR	F	0.04%	0.06%	0.04%
WLK	B	0.26%	0.07%	0.07%
WMB	A	0.25%	0.62%	0.25%
WOLF	F	0.06%	0.04%	0.04%
WOOF	F	0.07%	0.0%	0.0%
WPC	B	0.15%	0.16%	0.15%
WRB	D	0.06%	0.2%	0.06%
WRK	A	0.06%	0.17%	0.06%
WSC	D	0.04%	0.07%	0.04%
WSM	A	0.06%	0.2%	0.06%
WSO	A	0.06%	0.16%	0.06%
WTFC	B	0.06%	0.08%	0.06%
WTM	B	0.06%	0.05%	0.05%
WTRG	B	0.21%	0.12%	0.12%
WTW	D	0.06%	0.29%	0.06%
WU	D	0.05%	0.04%	0.04%
WWD	A	0.06%	0.14%	0.06%
WY	D	0.13%	0.28%	0.13%
WYNN	D	0.05%	0.12%	0.05%
X	D	0.18%	0.1%	0.1%
XEL	C	0.22%	0.37%	0.22%
XP	F	0.05%	0.07%	0.05%
XPO	D	0.04%	0.16%	0.04%
XRAY	F	0.07%	0.07%	0.07%
XYL	A	0.06%	0.38%	0.06%
YUM	D	0.05%	0.06%	0.05%
Z	D	0.11%	0.08%	0.08%
ZBH	D	0.07%	0.31%	0.07%
ZBRA	B	0.06%	0.17%	0.06%
ZI	F	0.05%	0.02%	0.02%
ZION	B	0.07%	0.08%	0.07%
ZM	D	0.06%	0.2%	0.06%

EQAL Overweight 305 Positions Relative to IWS

Symbol	Grade	Weight
MSI	A	0.58%
ANET	B	0.57%
T	B	0.55%
VZ	C	0.54%
TMUS	B	0.54%
CHTR	F	0.51%
CSCO	D	0.51%
CMCSA	D	0.5%
XOM	B	0.49%
SCCO	A	0.33%
FCX	A	0.3%
TPL	B	0.28%
NEM	B	0.28%
NEE	B	0.27%
TRGP	C	0.25%
VLO	D	0.25%
APD	C	0.25%
COP	D	0.24%
CVX	A	0.24%
EOG	C	0.24%
ECL	A	0.24%
KMI	A	0.24%
SO	A	0.23%
SMG	D	0.23%
OXY	D	0.23%
LNG	D	0.23%
DOW	B	0.23%
AEP	A	0.22%
LIN	D	0.22%
SRE	A	0.22%
DUK	A	0.22%
D	A	0.22%
MPC	D	0.22%
ENPH	F	0.21%
SLB	D	0.21%
KDP	A	0.2%
CHPT	F	0.2%
EXC	B	0.2%
WM	A	0.2%
MO	A	0.19%
PEP	B	0.19%
ADM	C	0.19%
KHC	C	0.18%
HSY	B	0.18%
KO	A	0.18%
KMB	B	0.18%
MCK	A	0.18%
CL	A	0.18%
GIS	B	0.18%
PM	A	0.18%
KVUE	C	0.17%
NFE	F	0.17%
CELH	C	0.17%
PG	A	0.17%
STZ	C	0.16%
MDLZ	B	0.16%
MNST	D	0.15%
SYY	D	0.15%
PSA	C	0.14%
CLX	D	0.14%
EQIX	D	0.13%
CVS	F	0.13%
CCI	D	0.13%
MRNA	C	0.13%
AMT	D	0.13%
PLD	D	0.12%
SWAV	A	0.11%
NTRA	B	0.1%
NVCR	C	0.1%
SRPT	C	0.09%
MRK	B	0.09%
PFE	C	0.09%
UNH	B	0.09%
ELV	A	0.09%
MU	B	0.09%
BSX	A	0.09%
VRTX	C	0.09%
RMD	C	0.09%
GOOGL	B	0.09%
AMGN	B	0.09%
ORCL	D	0.08%
MASI	D	0.08%
PANW	B	0.08%
EW	D	0.08%
MS	A	0.08%
ZTS	D	0.08%
JNJ	D	0.08%
DXCM	D	0.08%
AAPL	B	0.08%
MEDP	D	0.08%
MDT	C	0.08%
GS	A	0.08%
NVDA	B	0.08%
TXN	A	0.08%
BDX	F	0.08%
HCA	C	0.08%
CNC	C	0.08%
PODD	D	0.08%
TMO	B	0.08%
EQH	A	0.08%
QCOM	A	0.08%
CI	D	0.08%
DVA	C	0.08%
PINS	B	0.08%
ADI	A	0.08%
REGN	C	0.08%
CRBG	B	0.08%
ISRG	C	0.08%
LLY	C	0.08%
DHR	B	0.08%
HUM	D	0.08%
NBIX	C	0.08%
PEGA	D	0.07%
ALGN	F	0.07%
MET	B	0.07%
IT	D	0.07%
PAYC	F	0.07%
RYAN	C	0.07%
ALGM	D	0.07%
CPNG	C	0.07%
LRCX	D	0.07%
GTLB	F	0.07%
APO	C	0.07%
BRK.A	C	0.07%
MMC	B	0.07%
LPLA	C	0.07%
BRKR	D	0.07%
HUBS	D	0.07%
PNC	A	0.07%
MKTX	F	0.07%
SMAR	D	0.07%
SPGI	B	0.07%
MPWR	B	0.07%
TFC	A	0.07%
WDAY	F	0.07%
AIG	A	0.07%
MCO	A	0.07%
NOW	D	0.07%
RNG	C	0.07%
PGR	A	0.07%
ESTC	B	0.07%
DDOG	D	0.07%
AVGO	C	0.07%
ROP	D	0.07%
WFC	A	0.07%
CB	C	0.07%
JPM	A	0.07%
SNPS	D	0.07%
AMP	A	0.07%
ABT	F	0.07%
GEHC	D	0.07%
ARES	A	0.07%
SCHW	A	0.07%
DT	D	0.07%
INTU	D	0.07%
AMAT	C	0.07%
TOST	B	0.07%
ABBV	D	0.07%
VEEV	D	0.07%
CRWD	C	0.07%
MSFT	C	0.07%
C	A	0.07%
BAC	A	0.07%
GILD	F	0.07%
KLAC	A	0.07%
WST	D	0.07%
DOCU	B	0.07%
IDXX	D	0.07%
SYK	D	0.07%
COST	A	0.06%
VLTO	A	0.06%
AMZN	B	0.06%
GLOB	F	0.06%
ETN	B	0.06%
WING	B	0.06%
NFLX	C	0.06%
TJX	C	0.06%
FTNT	F	0.06%
AON	D	0.06%
RTX	A	0.06%
MANH	D	0.06%
ADSK	D	0.06%
WMT	B	0.06%
TDC	F	0.06%
ZS	F	0.06%
BKNG	B	0.06%
TEAM	D	0.06%
JCI	B	0.06%
FIVN	F	0.06%
PCOR	D	0.06%
MDB	F	0.06%
IBM	D	0.06%
ADBE	D	0.06%
TXRH	A	0.06%
USB	D	0.06%
GM	B	0.06%
SPOT	B	0.06%
PEN	F	0.06%
LSCC	F	0.06%
INSP	D	0.06%
DPZ	C	0.06%
TTD	B	0.06%
FDS	D	0.06%
BLK	C	0.06%
MORN	D	0.06%
TSCO	B	0.06%
META	D	0.06%
CROX	B	0.06%
BMY	F	0.06%
RARE	F	0.06%
SNOW	F	0.06%
TRV	D	0.06%
CRM	D	0.06%
CMG	A	0.06%
ICE	D	0.06%
CDNS	D	0.06%
CFLT	D	0.06%
CBOE	D	0.06%
BX	C	0.06%
CHDN	B	0.06%
CME	D	0.06%
UPS	D	0.05%
TXG	F	0.05%
TREX	D	0.05%
TGT	D	0.05%
ITW	D	0.05%
BURL	D	0.05%
EL	F	0.05%
LYFT	D	0.05%
UNP	C	0.05%
TTC	F	0.05%
WAT	C	0.05%
SBUX	F	0.05%
ABNB	D	0.05%
HD	D	0.05%
LVS	D	0.05%
KNSL	D	0.05%
DG	D	0.05%
GWW	D	0.05%
MA	D	0.05%
POOL	D	0.05%
MCD	D	0.05%
FND	C	0.05%
HON	C	0.05%
LOW	D	0.05%
V	C	0.05%
GE	C	0.05%
AZO	D	0.05%
ORLY	D	0.05%
FDX	C	0.05%
PCTY	D	0.05%
COF	B	0.05%
DIS	D	0.05%
DE	B	0.05%
NET	F	0.05%
EMR	B	0.05%
NKE	F	0.05%
NOC	C	0.05%
BAH	A	0.05%
FICO	C	0.05%
APLS	F	0.05%
CAT	C	0.05%
ADP	C	0.05%
MAR	D	0.05%
PAYX	C	0.05%
DKNG	D	0.05%
LHX	A	0.05%
CHH	F	0.05%
AMD	D	0.05%
PYPL	C	0.05%
AXP	A	0.05%
WMS	B	0.05%
VRSK	A	0.05%
WEN	C	0.05%
CPRT	D	0.05%
TSLA	D	0.05%
YETI	D	0.05%
F	D	0.05%
ADTN	D	0.05%
MMM	A	0.05%
DECK	D	0.05%
PLTR	D	0.05%
LMT	A	0.05%
GD	A	0.05%
MTD	B	0.05%
ROL	A	0.05%
LULU	F	0.04%
ULTA	D	0.04%
ACN	D	0.04%
PTON	D	0.04%
FOUR	D	0.04%
DV	F	0.04%
EPAM	F	0.04%
BA	F	0.04%
RBLX	F	0.04%
UBER	D	0.04%
SHW	D	0.04%
CSX	D	0.04%
NSC	D	0.04%
AXON	C	0.04%
ROK	D	0.04%
INTC	F	0.04%
FIVE	F	0.03%
SOLV	F	0.01%
GEV	C	0.01%

EQAL Underweight 38 Positions Relative to IWS

Symbol	Grade	Weight
FERG	A	-0.51%
COO	D	-0.23%
LH	D	-0.21%
RVTY	C	-0.18%
FWONK	C	-0.17%
GEN	C	-0.15%
NLY	A	-0.12%
FBIN	D	-0.11%
CR	A	-0.09%
AZPN	C	-0.08%
RITM	A	-0.07%
HR	B	-0.07%
LAZ	D	-0.06%
CCCS	F	-0.05%
FOX	B	-0.05%
BEPC	B	-0.05%
CXT	C	-0.04%
NWS	D	-0.04%
LSXMK	F	-0.04%
ZG	D	-0.03%
HHH	D	-0.03%
QDEL	F	-0.03%
UA	D	-0.02%
FWONA	C	-0.02%
LSXMA	F	-0.02%
VYX	D	-0.02%
ADT	B	-0.02%
LLYVK	C	-0.02%
LBRDA	F	-0.01%
LLYVA	D	-0.01%
CAVA	A	-0.01%
SSRM	D	-0.01%
RNAC	D	-0.0%
UI	C	-0.0%
CART	F	-0.0%
ROIV	C	-0.0%
PARAA	C	-0.0%
NLOP	B	-0.0%