GUSA vs. IWB ETF Comparison

Comparison of Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) to iShares Russell 1000 ETF (IWB)

GUSA

Goldman Sachs MarketBeta U.S. 1000 Equity ETF

GUSA Description

The fund seeks to invest at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to measure the performance of equity securities of large and mid-capitalization equity issuers covering approximately the largest 1,000 of the free-float market capitalization in the U.S.

Grade (RS Rating)

Last Trade

$46.93

Average Daily Volume

633

Number of Holdings ^*

973

* 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

$297.87

Average Daily Volume

811,846

Number of Holdings ^*

1001

* may have additional holdings in another (foreign) market

Performance

Period	GUSA	IWB
30 Days	2.73%	2.82%
60 Days	6.73%	6.86%
90 Days	3.77%	3.65%
12 Months	27.30%	27.38%

871 Overlapping Holdings

	Symbol	Grade	Weight in GUSA	Weight in IWB	Overlap
	A	C	0.08%	0.08%	0.08%
	AA	C	0.01%	0.01%	0.01%
	AAL	F	0.01%	0.01%	0.01%
	AAP	F	0.01%	0.01%	0.01%
	AAPL	B	6.31%	6.25%	6.25%
	ABBV	B	0.6%	0.61%	0.6%
	ABNB	C	0.13%	0.12%	0.12%
	ABT	C	0.36%	0.36%	0.36%
	ACGL	A	0.07%	0.07%	0.07%
	ACHC	D	0.01%	0.01%	0.01%
	ACI	F	0.02%	0.02%	0.02%
	ACM	C	0.02%	0.02%	0.02%
	ACN	C	0.36%	0.36%	0.36%
	ADBE	C	0.47%	0.47%	0.47%
	ADC	B	0.01%	0.01%	0.01%
	ADI	B	0.24%	0.23%	0.23%
	ADM	F	0.06%	0.06%	0.06%
	ADP	B	0.2%	0.2%	0.2%
	ADSK	B	0.1%	0.1%	0.1%
	AEE	D	0.04%	0.04%	0.04%
	AEP	D	0.09%	0.09%	0.09%
	AES	D	0.03%	0.03%	0.03%
	AFG	D	0.02%	0.02%	0.02%
	AFL	A	0.09%	0.1%	0.09%
	AFRM	B	0.01%	0.01%	0.01%
	AGCO	F	0.01%	0.01%	0.01%
	AGNC	A	0.01%	0.01%	0.01%
	AGR	D	0.0%	0.0%	0.0%
	AIG	C	0.1%	0.1%	0.1%
	AIRC	A	0.01%	0.01%	0.01%
	AIZ	D	0.02%	0.02%	0.02%
	AJG	B	0.11%	0.11%	0.11%
	AKAM	F	0.03%	0.03%	0.03%
	AL	C	0.01%	0.01%	0.01%
	ALB	F	0.02%	0.02%	0.02%
	ALGM	F	0.0%	0.0%	0.0%
	ALGN	F	0.03%	0.04%	0.03%
	ALK	D	0.01%	0.01%	0.01%
	ALL	C	0.08%	0.08%	0.08%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	B	0.02%	0.02%	0.02%
	ALNY	A	0.04%	0.04%	0.04%
	ALSN	C	0.01%	0.01%	0.01%
	AM	A	0.01%	0.01%	0.01%
	AMAT	B	0.41%	0.41%	0.41%
	AMCR	B	0.03%	0.03%	0.03%
	AMD	B	0.49%	0.5%	0.49%
	AME	D	0.08%	0.08%	0.08%
	AMG	C	0.01%	0.01%	0.01%
	AMGN	B	0.32%	0.33%	0.32%
	AMH	B	0.02%	0.02%	0.02%
	AMP	A	0.09%	0.09%	0.09%
	AMT	C	0.18%	0.18%	0.18%
	AMZN	B	3.27%	3.3%	3.27%
	AN	D	0.01%	0.01%	0.01%
	ANET	B	0.16%	0.17%	0.16%
	ANSS	D	0.06%	0.06%	0.06%
	AON	C	0.12%	0.12%	0.12%
	AOS	D	0.02%	0.02%	0.02%
	APA	D	0.02%	0.02%	0.02%
	APD	C	0.12%	0.12%	0.12%
	APH	B	0.16%	0.16%	0.16%
	APLS	F	0.01%	0.01%	0.01%
	APO	A	0.09%	0.12%	0.09%
	APP	B	0.03%	0.03%	0.03%
	APTV	F	0.04%	0.04%	0.04%
	AR	B	0.02%	0.02%	0.02%
	ARE	C	0.04%	0.04%	0.04%
	ARES	C	0.05%	0.05%	0.05%
	ARMK	A	0.02%	0.02%	0.02%
	ARW	C	0.01%	0.01%	0.01%
	ASH	C	0.01%	0.01%	0.01%
	ATO	B	0.03%	0.04%	0.03%
	ATR	C	0.02%	0.02%	0.02%
	AVB	A	0.06%	0.06%	0.06%
	AVGO	C	1.64%	1.56%	1.56%
	AVTR	D	0.03%	0.03%	0.03%
	AVY	B	0.04%	0.04%	0.04%
	AWK	C	0.05%	0.05%	0.05%
	AXON	D	0.04%	0.04%	0.04%
	AXP	C	0.26%	0.27%	0.26%
	AXS	B	0.01%	0.01%	0.01%
	AXTA	C	0.02%	0.02%	0.02%
	AYI	D	0.02%	0.02%	0.02%
	AZEK	D	0.01%	0.01%	0.01%
	AZO	B	0.1%	0.1%	0.1%
	BA	D	0.19%	0.2%	0.19%
	BAC	B	0.55%	0.55%	0.55%
	BAH	B	0.04%	0.04%	0.04%
	BALL	D	0.04%	0.04%	0.04%
	BAX	D	0.03%	0.03%	0.03%
	BBWI	D	0.02%	0.02%	0.02%
	BBY	B	0.04%	0.04%	0.04%
	BC	F	0.01%	0.01%	0.01%
	BDX	D	0.13%	0.14%	0.13%
	BEN	D	0.01%	0.01%	0.01%
	BERY	C	0.01%	0.01%	0.01%
	BFAM	C	0.01%	0.01%	0.01%
	BG	B	0.03%	0.03%	0.03%
	BIIB	C	0.06%	0.06%	0.06%
	BILL	F	0.01%	0.01%	0.01%
	BIO	D	0.01%	0.01%	0.01%
	BIRK	B	0.0%	0.0%	0.0%
	BJ	A	0.02%	0.02%	0.02%
	BK	B	0.09%	0.09%	0.09%
	BKNG	A	0.27%	0.28%	0.27%
	BKR	B	0.06%	0.06%	0.06%
	BLD	D	0.03%	0.03%	0.03%
	BLDR	F	0.04%	0.04%	0.04%
	BLK	B	0.23%	0.23%	0.23%
	BMRN	C	0.03%	0.03%	0.03%
	BMY	D	0.17%	0.17%	0.17%
	BOKF	C	0.0%	0.01%	0.0%
	BPOP	C	0.01%	0.01%	0.01%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	B	1.05%	1.5%	1.05%
	BRKR	F	0.01%	0.01%	0.01%
	BRO	B	0.04%	0.04%	0.04%
	BRX	B	0.01%	0.01%	0.01%
	BSX	A	0.22%	0.22%	0.22%
	BSY	D	0.02%	0.02%	0.02%
	BURL	A	0.03%	0.03%	0.03%
	BWA	F	0.01%	0.02%	0.01%
	BWXT	B	0.02%	0.02%	0.02%
	BX	B	0.17%	0.18%	0.17%
	BXP	B	0.02%	0.02%	0.02%
	BYD	D	0.01%	0.01%	0.01%
	C	C	0.23%	0.23%	0.23%
	CACC	D	0.01%	0.01%	0.01%
	CACI	A	0.02%	0.02%	0.02%
	CAG	C	0.03%	0.03%	0.03%
	CAH	B	0.05%	0.05%	0.05%
	CAR	D	0.0%	0.0%	0.0%
	CARR	B	0.1%	0.11%	0.1%
	CASY	B	0.03%	0.03%	0.03%
	CAT	C	0.33%	0.33%	0.33%
	CB	B	0.21%	0.21%	0.21%
	CBRE	C	0.05%	0.05%	0.05%
	CBSH	C	0.01%	0.01%	0.01%
	CCI	D	0.08%	0.08%	0.08%
	CCK	D	0.02%	0.02%	0.02%
	CCL	B	0.03%	0.03%	0.03%
	CDNS	B	0.18%	0.18%	0.18%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.03%	0.03%
	CEG	B	0.14%	0.14%	0.14%
	CELH	F	0.02%	0.02%	0.02%
	CF	D	0.03%	0.03%	0.03%
	CFG	C	0.03%	0.03%	0.03%
	CFLT	F	0.01%	0.01%	0.01%
	CFR	D	0.01%	0.01%	0.01%
	CG	D	0.02%	0.02%	0.02%
	CGNX	B	0.02%	0.02%	0.02%
	CHD	C	0.05%	0.05%	0.05%
	CHDN	A	0.02%	0.02%	0.02%
	CHE	D	0.02%	0.02%	0.02%
	CHH	B	0.01%	0.01%	0.01%
	CHK	D	0.02%	0.02%	0.02%
	CHRW	B	0.02%	0.02%	0.02%
	CHTR	C	0.05%	0.06%	0.05%
	CI	C	0.2%	0.19%	0.19%
	CIEN	D	0.01%	0.01%	0.01%
	CINF	C	0.04%	0.03%	0.03%
	CL	A	0.16%	0.16%	0.16%
	CLF	F	0.01%	0.01%	0.01%
	CLH	A	0.02%	0.02%	0.02%
	CLVT	D	0.0%	0.01%	0.0%
	CLX	D	0.03%	0.03%	0.03%
	CMA	C	0.01%	0.01%	0.01%
	CMCSA	D	0.29%	0.29%	0.29%
	CME	D	0.14%	0.14%	0.14%
	CMG	B	0.19%	0.19%	0.19%
	CMI	C	0.07%	0.07%	0.07%
	CMS	D	0.03%	0.03%	0.03%
	CNA	C	0.0%	0.0%	0.0%
	CNC	D	0.07%	0.07%	0.07%
	CNH	F	0.02%	0.02%	0.02%
	CNM	D	0.01%	0.02%	0.01%
	CNP	B	0.04%	0.04%	0.04%
	CNXC	F	0.01%	0.01%	0.01%
	COF	D	0.1%	0.1%	0.1%
	COHR	B	0.02%	0.02%	0.02%
	COIN	C	0.08%	0.08%	0.08%
	COLD	C	0.01%	0.01%	0.01%
	COLM	C	0.01%	0.01%	0.01%
	COP	D	0.26%	0.26%	0.26%
	COST	B	0.77%	0.77%	0.77%
	COTY	D	0.01%	0.01%	0.01%
	CPAY	D	0.03%	0.04%	0.03%
	CPB	D	0.02%	0.02%	0.02%
	CPNG	D	0.04%	0.04%	0.04%
	CPRI	F	0.01%	0.01%	0.01%
	CPRT	C	0.09%	0.09%	0.09%
	CPT	A	0.02%	0.02%	0.02%
	CR	B	0.01%	0.01%	0.01%
	CRL	F	0.02%	0.02%	0.02%
	CRM	D	0.43%	0.43%	0.43%
	CROX	B	0.02%	0.02%	0.02%
	CRWD	A	0.17%	0.17%	0.17%
	CSCO	C	0.37%	0.37%	0.37%
	CSGP	F	0.06%	0.06%	0.06%
	CSL	B	0.04%	0.04%	0.04%
	CSX	D	0.13%	0.13%	0.13%
	CTAS	A	0.12%	0.12%	0.12%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	C	0.04%	0.04%	0.04%
	CTSH	C	0.07%	0.07%	0.07%
	CTVA	C	0.07%	0.07%	0.07%
	CUBE	B	0.02%	0.02%	0.02%
	CVS	D	0.16%	0.16%	0.16%
	CVX	C	0.52%	0.53%	0.52%
	CW	B	0.02%	0.02%	0.02%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CZR	C	0.02%	0.02%	0.02%
	D	D	0.08%	0.08%	0.08%
	DAL	D	0.06%	0.06%	0.06%
	DAR	D	0.01%	0.01%	0.01%
	DASH	D	0.07%	0.07%	0.07%
	DAY	F	0.01%	0.01%	0.01%
	DBX	D	0.01%	0.01%	0.01%
	DCI	D	0.02%	0.02%	0.02%
	DD	B	0.06%	0.07%	0.06%
	DDOG	C	0.06%	0.07%	0.06%
	DE	D	0.19%	0.2%	0.19%
	DECK	C	0.05%	0.05%	0.05%
	DFS	B	0.06%	0.06%	0.06%
	DG	D	0.06%	0.06%	0.06%
	DGX	B	0.03%	0.03%	0.03%
	DHI	D	0.08%	0.08%	0.08%
	DHR	C	0.34%	0.34%	0.34%
	DINO	D	0.02%	0.02%	0.02%
	DIS	C	0.37%	0.37%	0.37%
	DKNG	D	0.04%	0.04%	0.04%
	DKS	B	0.03%	0.03%	0.03%
	DLB	F	0.01%	0.01%	0.01%
	DLR	B	0.09%	0.09%	0.09%
	DLTR	F	0.04%	0.04%	0.04%
	DNB	F	0.0%	0.0%	0.0%
	DOC	B	0.03%	0.03%	0.03%
	DOCS	C	0.01%	0.01%	0.01%
	DOCU	D	0.02%	0.02%	0.02%
	DOV	B	0.05%	0.05%	0.05%
	DOW	D	0.08%	0.08%	0.08%
	DOX	D	0.02%	0.02%	0.02%
	DPZ	B	0.04%	0.04%	0.04%
	DRI	C	0.04%	0.04%	0.04%
	DT	F	0.02%	0.02%	0.02%
	DTE	D	0.05%	0.05%	0.05%
	DTM	A	0.01%	0.01%	0.01%
	DUK	C	0.15%	0.15%	0.15%
	DV	D	0.0%	0.01%	0.0%
	DVA	B	0.02%	0.02%	0.02%
	DVN	C	0.06%	0.06%	0.06%
	DXC	C	0.01%	0.01%	0.01%
	DXCM	D	0.09%	0.09%	0.09%
	EA	B	0.07%	0.07%	0.07%
	EBAY	B	0.06%	0.06%	0.06%
	ECL	A	0.12%	0.12%	0.12%
	ED	D	0.06%	0.06%	0.06%
	EEFT	D	0.01%	0.01%	0.01%
	EFX	C	0.06%	0.06%	0.06%
	EG	B	0.03%	0.03%	0.03%
	EGP	C	0.02%	0.02%	0.02%
	EHC	B	0.02%	0.02%	0.02%
	EIX	D	0.05%	0.05%	0.05%
	EL	F	0.05%	0.05%	0.05%
	ELAN	B	0.02%	0.02%	0.02%
	ELS	C	0.02%	0.02%	0.02%
	ELV	B	0.25%	0.25%	0.25%
	EME	B	0.04%	0.04%	0.04%
	EMN	C	0.02%	0.02%	0.02%
	EMR	D	0.12%	0.12%	0.12%
	ENPH	D	0.03%	0.03%	0.03%
	ENTG	B	0.04%	0.04%	0.04%
	EOG	C	0.14%	0.14%	0.14%
	EPAM	D	0.02%	0.02%	0.02%
	EQH	A	0.03%	0.03%	0.03%
	EQIX	D	0.14%	0.14%	0.14%
	EQR	A	0.05%	0.05%	0.05%
	EQT	D	0.03%	0.03%	0.03%
	ES	D	0.04%	0.04%	0.04%
	ESAB	D	0.01%	0.01%	0.01%
	ESS	B	0.04%	0.04%	0.04%
	ESTC	C	0.02%	0.02%	0.02%
	ETN	D	0.26%	0.26%	0.26%
	ETR	D	0.04%	0.05%	0.04%
	ETSY	F	0.01%	0.01%	0.01%
	EVR	B	0.01%	0.01%	0.01%
	EVRG	D	0.02%	0.02%	0.02%
	EW	B	0.11%	0.11%	0.11%
	EWBC	C	0.02%	0.02%	0.02%
	EXAS	F	0.01%	0.01%	0.01%
	EXC	D	0.07%	0.07%	0.07%
	EXEL	B	0.01%	0.01%	0.01%
	EXP	D	0.02%	0.02%	0.02%
	EXPD	B	0.04%	0.04%	0.04%
	EXPE	B	0.03%	0.03%	0.03%
	EXR	B	0.07%	0.07%	0.07%
	F	C	0.09%	0.09%	0.09%
	FAF	D	0.01%	0.01%	0.01%
	FANG	C	0.06%	0.07%	0.06%
	FAST	D	0.07%	0.07%	0.07%
	FCN	C	0.01%	0.01%	0.01%
	FCNCA	D	0.04%	0.04%	0.04%
	FCX	C	0.14%	0.14%	0.14%
	FDS	D	0.03%	0.03%	0.03%
	FDX	C	0.11%	0.12%	0.11%
	FE	D	0.04%	0.04%	0.04%
	FFIV	D	0.02%	0.02%	0.02%
	FHN	C	0.02%	0.02%	0.02%
	FICO	A	0.07%	0.07%	0.07%
	FIS	B	0.09%	0.09%	0.09%
	FITB	C	0.05%	0.05%	0.05%
	FIVE	F	0.01%	0.01%	0.01%
	FIVN	F	0.01%	0.01%	0.01%
	FLO	C	0.01%	0.01%	0.01%
	FLS	C	0.01%	0.01%	0.01%
	FMC	D	0.01%	0.01%	0.01%
	FND	D	0.02%	0.03%	0.02%
	FNF	D	0.03%	0.03%	0.03%
	FOUR	C	0.01%	0.01%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.02%	0.02%
	FR	C	0.01%	0.01%	0.01%
	FRT	D	0.01%	0.02%	0.01%
	FSLR	C	0.05%	0.06%	0.05%
	FTI	C	0.02%	0.02%	0.02%
	FTNT	F	0.07%	0.08%	0.07%
	FTV	D	0.05%	0.05%	0.05%
	FYBR	B	0.01%	0.01%	0.01%
	G	D	0.01%	0.01%	0.01%
	GD	B	0.13%	0.15%	0.13%
	GDDY	A	0.04%	0.04%	0.04%
	GE	D	0.36%	0.36%	0.36%
	GEHC	C	0.06%	0.07%	0.06%
	GFS	C	0.01%	0.01%	0.01%
	GGG	D	0.03%	0.03%	0.03%
	GILD	C	0.16%	0.16%	0.16%
	GIS	C	0.08%	0.08%	0.08%
	GL	C	0.02%	0.01%	0.01%
	GLOB	C	0.01%	0.01%	0.01%
	GLPI	C	0.02%	0.02%	0.02%
	GLW	A	0.06%	0.06%	0.06%
	GM	B	0.11%	0.11%	0.11%
	GME	C	0.01%	0.01%	0.01%
	GMED	A	0.02%	0.02%	0.02%
	GNRC	D	0.02%	0.02%	0.02%
	GNTX	D	0.02%	0.02%	0.02%
	GOOG	A	1.72%	1.77%	1.72%
	GOOGL	A	2.07%	2.08%	2.07%
	GPC	D	0.04%	0.04%	0.04%
	GPK	C	0.02%	0.02%	0.02%
	GPN	F	0.05%	0.05%	0.05%
	GPS	C	0.01%	0.01%	0.01%
	GRMN	B	0.05%	0.05%	0.05%
	GS	B	0.29%	0.29%	0.29%
	GTLB	F	0.01%	0.01%	0.01%
	GWRE	A	0.02%	0.02%	0.02%
	GWW	D	0.07%	0.08%	0.07%
	GXO	F	0.01%	0.01%	0.01%
	H	B	0.01%	0.01%	0.01%
	HAL	D	0.06%	0.06%	0.06%
	HAS	C	0.02%	0.02%	0.02%
	HBAN	C	0.04%	0.04%	0.04%
	HCA	A	0.13%	0.14%	0.13%
	HCP	A	0.01%	0.01%	0.01%
	HD	C	0.71%	0.71%	0.71%
	HEI	A	0.02%	0.02%	0.02%
	HEI	A	0.03%	0.02%	0.02%
	HEI	A	0.02%	0.03%	0.02%
	HEI	A	0.03%	0.03%	0.03%
	HES	C	0.08%	0.08%	0.08%
	HIG	A	0.06%	0.06%	0.06%
	HII	C	0.02%	0.02%	0.02%
	HLI	C	0.01%	0.01%	0.01%
	HLT	A	0.11%	0.11%	0.11%
	HOG	F	0.01%	0.01%	0.01%
	HOLX	D	0.03%	0.03%	0.03%
	HON	A	0.28%	0.28%	0.28%
	HOOD	B	0.02%	0.03%	0.02%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.07%	0.06%	0.06%
	HRB	A	0.01%	0.02%	0.01%
	HRL	F	0.02%	0.02%	0.02%
	HSIC	D	0.02%	0.02%	0.02%
	HST	D	0.03%	0.03%	0.03%
	HSY	D	0.05%	0.05%	0.05%
	HUBB	D	0.04%	0.04%	0.04%
	HUBS	C	0.05%	0.05%	0.05%
	HUM	C	0.08%	0.09%	0.08%
	HUN	D	0.01%	0.01%	0.01%
	HWM	B	0.06%	0.06%	0.06%
	HXL	D	0.01%	0.01%	0.01%
	IAC	F	0.01%	0.01%	0.01%
	IBKR	B	0.02%	0.03%	0.02%
	IBM	B	0.31%	0.31%	0.31%
	ICE	A	0.15%	0.15%	0.15%
	IDA	D	0.01%	0.01%	0.01%
	IDXX	D	0.08%	0.08%	0.08%
	IEX	D	0.03%	0.03%	0.03%
	IFF	B	0.05%	0.05%	0.05%
	ILMN	D	0.03%	0.03%	0.03%
	INCY	B	0.02%	0.02%	0.02%
	INFA	D	0.0%	0.0%	0.0%
	INGR	D	0.02%	0.02%	0.02%
	INSP	F	0.01%	0.01%	0.01%
	INTC	F	0.25%	0.26%	0.25%
	INTU	C	0.33%	0.33%	0.33%
	INVH	A	0.04%	0.04%	0.04%
	IONS	B	0.01%	0.01%	0.01%
	IP	A	0.03%	0.03%	0.03%
	IPG	F	0.02%	0.02%	0.02%
	IPGP	F	0.0%	0.0%	0.0%
	IQV	D	0.08%	0.08%	0.08%
	IR	C	0.08%	0.08%	0.08%
	IRM	A	0.05%	0.05%	0.05%
	ISRG	A	0.3%	0.3%	0.3%
	IT	B	0.07%	0.07%	0.07%
	ITT	D	0.02%	0.02%	0.02%
	ITW	D	0.14%	0.14%	0.14%
	IVZ	C	0.01%	0.01%	0.01%
	J	D	0.04%	0.04%	0.04%
	JAZZ	F	0.01%	0.01%	0.01%
	JBHT	F	0.03%	0.03%	0.03%
	JBL	F	0.03%	0.03%	0.03%
	JCI	B	0.09%	0.09%	0.09%
	JEF	B	0.02%	0.02%	0.02%
	JHG	B	0.01%	0.01%	0.01%
	JKHY	C	0.02%	0.02%	0.02%
	JLL	B	0.02%	0.02%	0.02%
	JNJ	F	0.7%	0.7%	0.7%
	JNPR	B	0.02%	0.02%	0.02%
	JPM	B	1.13%	1.14%	1.13%
	K	D	0.03%	0.03%	0.03%
	KBR	C	0.02%	0.02%	0.02%
	KDP	A	0.06%	0.07%	0.06%
	KEY	C	0.03%	0.03%	0.03%
	KEYS	D	0.05%	0.05%	0.05%
	KHC	D	0.05%	0.05%	0.05%
	KIM	B	0.02%	0.02%	0.02%
	KKR	B	0.15%	0.15%	0.15%
	KLAC	B	0.24%	0.23%	0.23%
	KMB	B	0.09%	0.1%	0.09%
	KMI	A	0.08%	0.08%	0.08%
	KMX	C	0.02%	0.02%	0.02%
	KNSL	F	0.02%	0.02%	0.02%
	KNX	C	0.01%	0.01%	0.01%
	KO	A	0.48%	0.49%	0.48%
	KR	D	0.07%	0.07%	0.07%
	KRC	F	0.01%	0.01%	0.01%
	KVUE	D	0.06%	0.07%	0.06%
	L	C	0.03%	0.03%	0.03%
	LAD	F	0.01%	0.01%	0.01%
	LAMR	B	0.02%	0.02%	0.02%
	LBRDA	D	0.0%	0.0%	0.0%
	LBRDK	D	0.01%	0.01%	0.01%
	LCID	F	0.0%	0.0%	0.0%
	LDOS	A	0.04%	0.04%	0.04%
	LEA	F	0.01%	0.01%	0.01%
	LECO	F	0.02%	0.02%	0.02%
	LEN	D	0.07%	0.07%	0.07%
	LEN	D	0.0%	0.07%	0.0%
	LEN	D	0.0%	0.0%	0.0%
	LEN	D	0.07%	0.0%	0.0%
	LFUS	C	0.01%	0.01%	0.01%
	LHX	A	0.08%	0.08%	0.08%
	LII	B	0.03%	0.04%	0.03%
	LIN	B	0.43%	0.43%	0.43%
	LKQ	F	0.02%	0.02%	0.02%
	LLY	A	1.5%	1.51%	1.5%
	LMT	A	0.22%	0.2%	0.2%
	LNC	B	0.01%	0.01%	0.01%
	LNG	B	0.07%	0.08%	0.07%
	LNT	C	0.02%	0.03%	0.02%
	LOW	D	0.26%	0.26%	0.26%
	LPLA	B	0.04%	0.04%	0.04%
	LPX	C	0.01%	0.01%	0.01%
	LRCX	B	0.28%	0.29%	0.28%
	LSCC	F	0.02%	0.02%	0.02%
	LSTR	B	0.01%	0.01%	0.01%
	LULU	F	0.07%	0.07%	0.07%
	LUV	B	0.03%	0.03%	0.03%
	LVS	F	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	C	0.05%	0.05%	0.05%
	LYFT	F	0.01%	0.01%	0.01%
	LYV	D	0.03%	0.03%	0.03%
	M	C	0.01%	0.01%	0.01%
	MA	C	0.75%	0.75%	0.75%
	MAA	B	0.03%	0.03%	0.03%
	MAN	D	0.01%	0.01%	0.01%
	MANH	B	0.03%	0.03%	0.03%
	MAR	B	0.12%	0.12%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MASI	B	0.01%	0.01%	0.01%
	MAT	F	0.01%	0.01%	0.01%
	MCD	D	0.36%	0.37%	0.36%
	MCHP	D	0.1%	0.1%	0.1%
	MCK	A	0.16%	0.16%	0.16%
	MCO	A	0.13%	0.13%	0.13%
	MDB	D	0.03%	0.03%	0.03%
	MDLZ	D	0.18%	0.18%	0.18%
	MDT	D	0.21%	0.21%	0.21%
	MDU	A	0.01%	0.01%	0.01%
	MEDP	B	0.02%	0.02%	0.02%
	MET	C	0.08%	0.09%	0.08%
	META	B	2.19%	2.21%	2.19%
	MGM	B	0.02%	0.02%	0.02%
	MHK	D	0.01%	0.01%	0.01%
	MIDD	D	0.01%	0.01%	0.01%
	MKC	D	0.03%	0.03%	0.03%
	MKL	C	0.04%	0.04%	0.04%
	MKSI	B	0.02%	0.02%	0.02%
	MKTX	F	0.01%	0.01%	0.01%
	MLM	D	0.07%	0.07%	0.07%
	MMC	B	0.21%	0.21%	0.21%
	MMM	B	0.11%	0.11%	0.11%
	MNST	D	0.05%	0.07%	0.05%
	MO	A	0.16%	0.16%	0.16%
	MOH	F	0.04%	0.04%	0.04%
	MORN	C	0.01%	0.01%	0.01%
	MOS	D	0.02%	0.02%	0.02%
	MPC	C	0.12%	0.13%	0.12%
	MPWR	B	0.08%	0.08%	0.08%
	MRK	A	0.65%	0.65%	0.65%
	MRNA	C	0.09%	0.09%	0.09%
	MRO	B	0.03%	0.03%	0.03%
	MRVL	C	0.12%	0.13%	0.12%
	MS	B	0.25%	0.23%	0.23%
	MSA	C	0.01%	0.01%	0.01%
	MSCI	C	0.07%	0.07%	0.07%
	MSFT	A	6.5%	6.65%	6.5%
	MSI	A	0.13%	0.13%	0.13%
	MSM	D	0.01%	0.01%	0.01%
	MTB	C	0.05%	0.05%	0.05%
	MTCH	F	0.02%	0.02%	0.02%
	MTD	B	0.06%	0.06%	0.06%
	MTN	F	0.01%	0.01%	0.01%
	MTZ	B	0.01%	0.01%	0.01%
	MU	C	0.33%	0.34%	0.33%
	MUSA	A	0.02%	0.02%	0.02%
	NBIX	C	0.03%	0.03%	0.03%
	NCLH	B	0.01%	0.01%	0.01%
	NDAQ	C	0.04%	0.04%	0.04%
	NDSN	D	0.02%	0.03%	0.02%
	NEE	B	0.28%	0.29%	0.28%
	NEM	B	0.1%	0.1%	0.1%
	NET	C	0.04%	0.05%	0.04%
	NFE	F	0.0%	0.0%	0.0%
	NFG	C	0.01%	0.01%	0.01%
	NFLX	B	0.58%	0.59%	0.58%
	NI	B	0.02%	0.02%	0.02%
	NKE	C	0.23%	0.22%	0.22%
	NNN	B	0.02%	0.02%	0.02%
	NOC	F	0.13%	0.12%	0.12%
	NOV	C	0.01%	0.01%	0.01%
	NOW	B	0.29%	0.3%	0.29%
	NRG	B	0.03%	0.04%	0.03%
	NSA	B	0.01%	0.01%	0.01%
	NSC	D	0.1%	0.1%	0.1%
	NTAP	B	0.05%	0.05%	0.05%
	NTNX	C	0.03%	0.03%	0.03%
	NTRA	B	0.02%	0.02%	0.02%
	NTRS	D	0.03%	0.03%	0.03%
	NUE	F	0.07%	0.08%	0.07%
	NVDA	C	6.39%	6.45%	6.39%
	NVR	C	0.04%	0.04%	0.04%
	NVST	F	0.01%	0.01%	0.01%
	NVT	C	0.03%	0.03%	0.03%
	NWS	A	0.01%	0.01%	0.01%
	NWSA	A	0.02%	0.02%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	NYT	B	0.02%	0.02%	0.02%
	O	D	0.09%	0.09%	0.09%
	OC	C	0.03%	0.03%	0.03%
	ODFL	D	0.07%	0.07%	0.07%
	OGE	C	0.01%	0.01%	0.01%
	OGN	B	0.01%	0.01%	0.01%
	OHI	A	0.02%	0.02%	0.02%
	OKE	B	0.09%	0.09%	0.09%
	OKTA	C	0.03%	0.03%	0.03%
	OLED	B	0.02%	0.02%	0.02%
	OLN	D	0.01%	0.01%	0.01%
	OMC	D	0.04%	0.04%	0.04%
	OMF	D	0.01%	0.01%	0.01%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.45%	0.45%	0.45%
	ORI	C	0.02%	0.02%	0.02%
	ORLY	B	0.12%	0.12%	0.12%
	OSK	D	0.01%	0.01%	0.01%
	OTIS	C	0.08%	0.08%	0.08%
	OVV	D	0.02%	0.02%	0.02%
	OWL	C	0.02%	0.02%	0.02%
	OXY	C	0.08%	0.08%	0.08%
	OZK	D	0.01%	0.01%	0.01%
	PAG	D	0.01%	0.01%	0.01%
	PANW	B	0.2%	0.19%	0.19%
	PARA	F	0.01%	0.01%	0.01%
	PATH	D	0.01%	0.01%	0.01%
	PAYC	F	0.01%	0.01%	0.01%
	PAYX	B	0.08%	0.08%	0.08%
	PB	D	0.01%	0.01%	0.01%
	PCAR	D	0.11%	0.11%	0.11%
	PCG	C	0.07%	0.07%	0.07%
	PCOR	D	0.01%	0.01%	0.01%
	PCTY	F	0.01%	0.01%	0.01%
	PEG	B	0.07%	0.07%	0.07%
	PEN	F	0.01%	0.01%	0.01%
	PEP	C	0.46%	0.46%	0.46%
	PFE	C	0.31%	0.31%	0.31%
	PFG	C	0.04%	0.04%	0.04%
	PFGC	C	0.02%	0.02%	0.02%
	PG	A	0.79%	0.79%	0.79%
	PGR	C	0.24%	0.25%	0.24%
	PH	D	0.13%	0.13%	0.13%
	PHM	D	0.05%	0.05%	0.05%
	PII	F	0.01%	0.01%	0.01%
	PINS	A	0.05%	0.05%	0.05%
	PKG	B	0.03%	0.03%	0.03%
	PLD	C	0.2%	0.2%	0.2%
	PLNT	B	0.01%	0.01%	0.01%
	PLTR	B	0.1%	0.1%	0.1%
	PM	A	0.31%	0.31%	0.31%
	PNC	D	0.12%	0.12%	0.12%
	PNFP	D	0.01%	0.01%	0.01%
	PNR	D	0.03%	0.03%	0.03%
	PNW	C	0.02%	0.02%	0.02%
	PODD	B	0.03%	0.03%	0.03%
	POOL	F	0.03%	0.03%	0.03%
	POST	C	0.01%	0.01%	0.01%
	PPC	C	0.0%	0.0%	0.0%
	PPG	D	0.06%	0.06%	0.06%
	PPL	C	0.04%	0.04%	0.04%
	PRGO	F	0.01%	0.01%	0.01%
	PRI	B	0.02%	0.02%	0.02%
	PRU	A	0.08%	0.08%	0.08%
	PSA	B	0.09%	0.09%	0.09%
	PSTG	C	0.04%	0.04%	0.04%
	PSX	C	0.12%	0.12%	0.12%
	PTC	C	0.04%	0.04%	0.04%
	PVH	C	0.01%	0.01%	0.01%
	PWR	B	0.08%	0.08%	0.08%
	PYPL	D	0.13%	0.13%	0.13%
	QCOM	C	0.5%	0.51%	0.5%
	QGEN	D	0.02%	0.02%	0.02%
	QRVO	B	0.02%	0.02%	0.02%
	RBC	C	0.01%	0.02%	0.01%
	RBLX	C	0.03%	0.03%	0.03%
	RCL	A	0.07%	0.07%	0.07%
	RCM	B	0.0%	0.0%	0.0%
	REG	B	0.02%	0.02%	0.02%
	REGN	A	0.21%	0.21%	0.21%
	REXR	C	0.02%	0.02%	0.02%
	REYN	B	0.0%	0.0%	0.0%
	RF	C	0.03%	0.04%	0.03%
	RGA	B	0.03%	0.03%	0.03%
	RGEN	F	0.01%	0.01%	0.01%
	RGLD	C	0.02%	0.02%	0.02%
	RH	F	0.01%	0.01%	0.01%
	RHI	D	0.01%	0.01%	0.01%
	RIVN	C	0.01%	0.02%	0.01%
	RJF	C	0.04%	0.04%	0.04%
	RKT	C	0.0%	0.0%	0.0%
	RL	B	0.01%	0.01%	0.01%
	RLI	D	0.01%	0.01%	0.01%
	RMD	D	0.06%	0.06%	0.06%
	RNR	B	0.02%	0.02%	0.02%
	ROK	D	0.06%	0.06%	0.06%
	ROKU	F	0.01%	0.01%	0.01%
	ROL	A	0.03%	0.03%	0.03%
	ROP	A	0.12%	0.12%	0.12%
	ROST	A	0.1%	0.1%	0.1%
	RPM	C	0.03%	0.03%	0.03%
	RPRX	D	0.02%	0.02%	0.02%
	RRC	D	0.02%	0.02%	0.02%
	RRX	F	0.02%	0.02%	0.02%
	RS	D	0.03%	0.03%	0.03%
	RSG	A	0.08%	0.08%	0.08%
	RTX	C	0.28%	0.3%	0.28%
	RYAN	B	0.01%	0.01%	0.01%
	RYN	C	0.01%	0.01%	0.01%
	S	D	0.01%	0.01%	0.01%
	SAIA	B	0.02%	0.02%	0.02%
	SAIC	D	0.01%	0.01%	0.01%
	SAM	C	0.01%	0.01%	0.01%
	SBAC	F	0.04%	0.04%	0.04%
	SBUX	F	0.18%	0.18%	0.18%
	SCCO	C	0.02%	0.02%	0.02%
	SCHW	C	0.2%	0.22%	0.2%
	SCI	B	0.02%	0.02%	0.02%
	SEE	C	0.01%	0.01%	0.01%
	SEIC	C	0.01%	0.01%	0.01%
	SF	B	0.02%	0.02%	0.02%
	SHW	D	0.14%	0.14%	0.14%
	SIRI	F	0.0%	0.0%	0.0%
	SITE	F	0.01%	0.01%	0.01%
	SJM	F	0.02%	0.02%	0.02%
	SKX	B	0.02%	0.02%	0.02%
	SLB	C	0.13%	0.13%	0.13%
	SLGN	D	0.01%	0.01%	0.01%
	SMAR	B	0.01%	0.01%	0.01%
	SNA	D	0.03%	0.03%	0.03%
	SNOW	F	0.08%	0.08%	0.08%
	SNPS	B	0.19%	0.19%	0.19%
	SNV	C	0.01%	0.01%	0.01%
	SNX	C	0.02%	0.02%	0.02%
	SO	B	0.17%	0.17%	0.17%
	SOFI	F	0.01%	0.01%	0.01%
	SON	D	0.01%	0.01%	0.01%
	SPG	B	0.09%	0.1%	0.09%
	SPGI	B	0.27%	0.28%	0.27%
	SPOT	B	0.08%	0.09%	0.08%
	SQ	D	0.07%	0.07%	0.07%
	SRCL	B	0.01%	0.01%	0.01%
	SRE	B	0.09%	0.09%	0.09%
	SRPT	B	0.02%	0.02%	0.02%
	SSNC	B	0.03%	0.03%	0.03%
	ST	D	0.01%	0.01%	0.01%
	STAG	C	0.01%	0.01%	0.01%
	STE	D	0.04%	0.04%	0.04%
	STLD	D	0.04%	0.04%	0.04%
	STT	C	0.04%	0.04%	0.04%
	STWD	D	0.01%	0.01%	0.01%
	STZ	B	0.08%	0.09%	0.08%
	SUI	C	0.03%	0.03%	0.03%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	B	0.03%	0.03%	0.03%
	SWN	D	0.01%	0.01%	0.01%
	SYF	B	0.04%	0.04%	0.04%
	SYK	B	0.22%	0.25%	0.22%
	SYY	C	0.07%	0.07%	0.07%
	T	A	0.26%	0.26%	0.26%
	TAP	F	0.02%	0.02%	0.02%
	TDG	B	0.14%	0.14%	0.14%
	TDY	D	0.04%	0.04%	0.04%
	TEAM	D	0.05%	0.05%	0.05%
	TECH	C	0.02%	0.02%	0.02%
	TER	B	0.05%	0.05%	0.05%
	TFC	C	0.1%	0.1%	0.1%
	TFSL	D	0.0%	0.0%	0.0%
	TFX	D	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.13%	0.13%
	THC	B	0.03%	0.03%	0.03%
	THG	D	0.01%	0.01%	0.01%
	THO	F	0.01%	0.01%	0.01%
	TJX	A	0.25%	0.25%	0.25%
	TKR	D	0.01%	0.01%	0.01%
	TMO	D	0.44%	0.44%	0.44%
	TMUS	B	0.18%	0.17%	0.17%
	TOL	D	0.02%	0.02%	0.02%
	TOST	C	0.02%	0.02%	0.02%
	TPG	C	0.01%	0.01%	0.01%
	TPL	B	0.04%	0.03%	0.03%
	TPR	C	0.02%	0.02%	0.02%
	TPX	D	0.02%	0.02%	0.02%
	TREX	F	0.02%	0.02%	0.02%
	TRGP	A	0.05%	0.05%	0.05%
	TRMB	D	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	C	0.03%	0.03%	0.03%
	TRV	D	0.1%	0.1%	0.1%
	TSCO	C	0.06%	0.06%	0.06%
	TSLA	C	1.01%	1.02%	1.01%
	TSN	C	0.03%	0.03%	0.03%
	TT	B	0.16%	0.16%	0.16%
	TTC	C	0.02%	0.02%	0.02%
	TTD	A	0.09%	0.09%	0.09%
	TTEK	B	0.02%	0.02%	0.02%
	TTWO	B	0.05%	0.05%	0.05%
	TW	D	0.02%	0.02%	0.02%
	TWLO	D	0.02%	0.02%	0.02%
	TXG	F	0.0%	0.0%	0.0%
	TXN	B	0.35%	0.36%	0.35%
	TXRH	A	0.02%	0.02%	0.02%
	TXT	D	0.03%	0.03%	0.03%
	TYL	B	0.04%	0.04%	0.04%
	U	F	0.01%	0.01%	0.01%
	UAL	D	0.03%	0.03%	0.03%
	UBER	B	0.28%	0.28%	0.28%
	UDR	B	0.02%	0.03%	0.02%
	UGI	D	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.01%	0.0%	0.0%
	UHS	B	0.02%	0.02%	0.02%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	D	0.89%	0.89%	0.89%
	UNM	C	0.02%	0.02%	0.02%
	UNP	D	0.27%	0.27%	0.27%
	UPS	F	0.19%	0.19%	0.19%
	URI	C	0.09%	0.09%	0.09%
	USB	C	0.12%	0.12%	0.12%
	USFD	A	0.02%	0.02%	0.02%
	UTHR	A	0.03%	0.03%	0.03%
	UWMC	C	0.0%	0.0%	0.0%
	V	C	0.86%	0.87%	0.86%
	VEEV	D	0.05%	0.05%	0.05%
	VFC	C	0.01%	0.01%	0.01%
	VICI	D	0.06%	0.06%	0.06%
	VLO	C	0.1%	0.1%	0.1%
	VLTO	B	0.04%	0.04%	0.04%
	VMC	D	0.07%	0.07%	0.07%
	VMI	B	0.01%	0.01%	0.01%
	VNT	D	0.01%	0.01%	0.01%
	VOYA	B	0.02%	0.01%	0.01%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRT	C	0.07%	0.07%	0.07%
	VRTX	B	0.24%	0.24%	0.24%
	VST	B	0.06%	0.06%	0.06%
	VTR	A	0.04%	0.04%	0.04%
	VTRS	D	0.02%	0.02%	0.02%
	VVV	B	0.01%	0.01%	0.01%
	VZ	B	0.33%	0.34%	0.33%
	W	F	0.01%	0.01%	0.01%
	WAB	D	0.06%	0.06%	0.06%
	WAL	C	0.01%	0.01%	0.01%
	WAT	D	0.03%	0.03%	0.03%
	WBA	F	0.02%	0.02%	0.02%
	WBD	F	0.03%	0.03%	0.03%
	WBS	D	0.01%	0.01%	0.01%
	WCC	D	0.01%	0.01%	0.01%
	WDAY	D	0.09%	0.08%	0.08%
	WDC	B	0.05%	0.05%	0.05%
	WEC	D	0.05%	0.05%	0.05%
	WELL	B	0.12%	0.12%	0.12%
	WEN	F	0.01%	0.01%	0.01%
	WEX	D	0.01%	0.01%	0.01%
	WFC	D	0.42%	0.43%	0.42%
	WH	C	0.01%	0.01%	0.01%
	WHR	F	0.01%	0.01%	0.01%
	WING	B	0.03%	0.03%	0.03%
	WLK	D	0.01%	0.01%	0.01%
	WM	B	0.17%	0.17%	0.17%
	WMB	A	0.1%	0.1%	0.1%
	WMS	C	0.02%	0.02%	0.02%
	WMT	B	0.57%	0.58%	0.57%
	WPC	D	0.02%	0.02%	0.02%
	WRB	B	0.03%	0.03%	0.03%
	WRK	D	0.03%	0.03%	0.03%
	WSC	F	0.01%	0.01%	0.01%
	WSM	C	0.04%	0.04%	0.04%
	WSO	B	0.03%	0.03%	0.03%
	WST	F	0.05%	0.05%	0.05%
	WTFC	C	0.01%	0.01%	0.01%
	WTRG	C	0.02%	0.02%	0.02%
	WTW	B	0.05%	0.05%	0.05%
	WU	D	0.01%	0.01%	0.01%
	WWD	B	0.02%	0.02%	0.02%
	WY	F	0.04%	0.04%	0.04%
	WYNN	D	0.02%	0.02%	0.02%
	X	F	0.02%	0.02%	0.02%
	XEL	D	0.06%	0.06%	0.06%
	XOM	C	0.99%	0.99%	0.99%
	XPO	D	0.02%	0.02%	0.02%
	XRAY	F	0.01%	0.01%	0.01%
	XYL	C	0.07%	0.07%	0.07%
	YUM	D	0.08%	0.08%	0.08%
	Z	C	0.01%	0.01%	0.01%
	ZBH	D	0.04%	0.04%	0.04%
	ZBRA	C	0.03%	0.03%	0.03%
	ZG	C	0.0%	0.01%	0.0%
	ZI	F	0.01%	0.01%	0.01%
	ZION	C	0.01%	0.01%	0.01%
	ZM	F	0.03%	0.03%	0.03%
	ZS	C	0.03%	0.03%	0.03%
	ZTS	C	0.16%	0.16%	0.16%

GUSA Overweight 110 Positions Relative to IWB

	Symbol	Grade	Weight
	MELI	C	0.14%
	DELL	B	0.09%
	SMCI	C	0.09%
	TEL	B	0.09%
	CBOE	D	0.04%
	STX	B	0.04%
	MSTR	B	0.04%
	FLEX	C	0.03%
	SNAP	B	0.03%
	FLR	B	0.02%
	DUOL	B	0.02%
	ALV	D	0.02%
	WFRD	C	0.02%
	LNW	B	0.02%
	ERIE	C	0.02%
	FN	B	0.02%
	CVNA	A	0.02%
	ONTO	B	0.02%
	ELF	B	0.02%
	FIX	C	0.02%
	YUMC	F	0.02%
	ADTN	F	0.01%
	HESM	A	0.01%
	VLY	F	0.01%
	BBIO	F	0.01%
	CERE	D	0.01%
	PSN	B	0.01%
	ENLC	C	0.01%
	BROS	A	0.01%
	TNET	D	0.01%
	NSP	F	0.01%
	FFIN	D	0.01%
	CHWY	B	0.01%
	DDS	C	0.01%
	SYNA	D	0.01%
	LANC	D	0.01%
	SLAB	F	0.01%
	STNG	A	0.01%
	WMG	D	0.01%
	SIG	D	0.01%
	ASGN	D	0.01%
	SN	B	0.01%
	RIG	F	0.01%
	GBCI	D	0.01%
	SWX	C	0.01%
	UBSI	D	0.01%
	APPF	B	0.01%
	AMKR	B	0.01%
	SUM	D	0.01%
	TENB	D	0.01%
	MGY	C	0.01%
	PBF	D	0.01%
	VKTX	D	0.01%
	GATX	C	0.01%
	EXLS	C	0.01%
	OPCH	D	0.01%
	QLYS	D	0.01%
	ABG	C	0.01%
	EXPO	B	0.01%
	IBP	D	0.01%
	ONB	C	0.01%
	AAON	C	0.01%
	WTS	D	0.01%
	ATKR	F	0.01%
	MMS	B	0.01%
	CYTK	F	0.01%
	COKE	A	0.01%
	CIVI	D	0.01%
	LNTH	B	0.01%
	ALTR	B	0.01%
	SM	C	0.01%
	SSB	D	0.01%
	SIGI	F	0.01%
	MUR	D	0.01%
	IOT	D	0.01%
	RHP	D	0.01%
	MTSI	B	0.01%
	ESNT	B	0.01%
	CMC	C	0.01%
	MTH	D	0.01%
	NOVT	C	0.01%
	CHX	C	0.01%
	GTLS	C	0.01%
	RMBS	F	0.01%
	HALO	A	0.01%
	MTDR	D	0.01%
	PR	C	0.01%
	ENSG	B	0.01%
	SPSC	B	0.01%
	APG	B	0.01%
	ITCI	B	0.01%
	CRBG	B	0.01%
	CHRD	C	0.01%
	UFPI	D	0.01%
	HQY	B	0.01%
	AIT	C	0.01%
	SSD	D	0.01%
	BRBR	C	0.01%
	PCVX	B	0.01%
	BLCO	C	0.0%
	DLO	F	0.0%
	IMVT	D	0.0%
	JOBY	D	0.0%
	IPAR	C	0.0%
	SEDG	F	0.0%
	IGT	C	0.0%
	FRSH	F	0.0%
	CRVL	C	0.0%
	LEVI	B	0.0%
	EDR	A	0.0%

GUSA Underweight 138 Positions Relative to IWB

	Symbol	Grade	Weight
	FI	D	-0.18%
	GEV	B	-0.1%
	COR	B	-0.08%
	FERG	D	-0.08%
	ICLR	B	-0.05%
	NU	B	-0.05%
	LH	C	-0.04%
	COO	D	-0.04%
	GEN	B	-0.03%
	RVTY	C	-0.03%
	FWONK	B	-0.03%
	RBA	B	-0.03%
	FBIN	F	-0.02%
	NLY	B	-0.02%
	FHB	C	-0.01%
	RUN	C	-0.01%
	TNDM	C	-0.01%
	BHF	D	-0.01%
	SPB	C	-0.01%
	MPW	C	-0.01%
	SMG	D	-0.01%
	HIW	B	-0.01%
	PENN	C	-0.01%
	AMED	F	-0.01%
	RARE	F	-0.01%
	EPR	C	-0.01%
	GTES	D	-0.01%
	VAC	F	-0.01%
	CXT	C	-0.01%
	AZTA	C	-0.01%
	PK	D	-0.01%
	IRDM	F	-0.01%
	WOLF	D	-0.01%
	NEU	D	-0.01%
	LSXMK	F	-0.01%
	TNL	B	-0.01%
	TDC	D	-0.01%
	LITE	B	-0.01%
	YETI	C	-0.01%
	MSGS	C	-0.01%
	CC	F	-0.01%
	CUZ	D	-0.01%
	SPR	C	-0.01%
	KMPR	D	-0.01%
	COLB	F	-0.01%
	BEPC	B	-0.01%
	LOPE	D	-0.01%
	ROIV	C	-0.01%
	LAZ	D	-0.01%
	AGO	C	-0.01%
	CCCS	C	-0.01%
	SLM	C	-0.01%
	CAVA	B	-0.01%
	VNO	B	-0.01%
	WTM	B	-0.01%
	FNB	C	-0.01%
	AVT	B	-0.01%
	AWI	D	-0.01%
	RITM	D	-0.01%
	R	B	-0.01%
	AZPN	D	-0.01%
	FRPT	B	-0.01%
	XP	D	-0.01%
	MTG	B	-0.01%
	KD	B	-0.01%
	HR	B	-0.01%
	OLLI	B	-0.01%
	ESI	B	-0.01%
	TKO	B	-0.01%
	CRUS	A	-0.01%
	KEX	B	-0.01%
	SOLV	F	-0.01%
	RNAC	D	-0.0%
	PLTK	D	-0.0%
	PARAA	F	-0.0%
	OLPX	C	-0.0%
	WOOF	C	-0.0%
	NLOP	C	-0.0%
	HTZ	F	-0.0%
	CHPT	F	-0.0%
	AMBP	D	-0.0%
	MCW	D	-0.0%
	SEB	F	-0.0%
	UI	C	-0.0%
	DNA	F	-0.0%
	LLYVA	D	-0.0%
	CART	D	-0.0%
	DRVN	D	-0.0%
	PYCR	D	-0.0%
	MRVI	F	-0.0%
	SSRM	F	-0.0%
	HE	F	-0.0%
	KLG	F	-0.0%
	PTON	D	-0.0%
	SNDR	C	-0.0%
	UA	C	-0.0%
	VSTS	D	-0.0%
	AMC	D	-0.0%
	UAA	C	-0.0%
	PLUG	F	-0.0%
	MP	F	-0.0%
	SHC	C	-0.0%
	CERT	F	-0.0%
	VSAT	F	-0.0%
	VSCO	F	-0.0%
	MRCY	F	-0.0%
	VYX	F	-0.0%
	LSXMA	F	-0.0%
	LEG	F	-0.0%
	LLYVK	D	-0.0%
	FWONA	B	-0.0%
	TDOC	F	-0.0%
	QS	F	-0.0%
	NATL	B	-0.0%
	ADT	B	-0.0%
	TRIP	F	-0.0%
	QDEL	F	-0.0%
	HAYW	D	-0.0%
	PHIN	D	-0.0%
	GO	D	-0.0%
	IART	D	-0.0%
	CABO	F	-0.0%
	AGL	D	-0.0%
	VIRT	C	-0.0%
	NVCR	C	-0.0%
	FTRE	F	-0.0%
	HHH	D	-0.0%
	NCNO	B	-0.0%
	NYCB	F	-0.0%
	PINC	F	-0.0%
	RNG	F	-0.0%
	ICUI	C	-0.0%
	KSS	C	-0.0%
	CRI	F	-0.0%
	PEGA	C	-0.0%
	JWN	C	-0.0%
	ENOV	F	-0.0%
	NWL	F	-0.0%

GUSA: Top Represented Industries & Keywords

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

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

IWB: Top Represented Industries & Keywords

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

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