ILCB vs. IWF ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to iShares Russell 1000 Growth ETF (IWF)

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

$80.48

Average Daily Volume

32,114

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

IWF

iShares Russell 1000 Growth ETF

IWF Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit growth 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 1000 Growth Index (the "underlying index"), which measures the performance of large- and mid-capitalization growth sectors of the U.S. equity market. It is a subset of the Russell 1000® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$382.78

Average Daily Volume

1,157,899

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	IWF
30 Days	3.50%	4.18%
60 Days	5.19%	4.85%
90 Days	6.25%	5.43%
12 Months	36.35%	41.37%

269 Overlapping Holdings

	Symbol	Grade	Weight in ILCB	Weight in IWF	Overlap
	AAPL	B	6.39%	12.18%	6.39%
	ABBV	D	0.67%	0.53%	0.53%
	ABNB	D	0.11%	0.21%	0.11%
	ADBE	F	0.43%	0.81%	0.43%
	ADP	A	0.23%	0.4%	0.23%
	ADSK	A	0.12%	0.22%	0.12%
	AJG	B	0.13%	0.02%	0.02%
	ALAB	C	0.0%	0.0%	0.0%
	ALGN	F	0.03%	0.03%	0.03%
	ALL	B	0.09%	0.03%	0.03%
	ALLY	F	0.02%	0.0%	0.0%
	ALNY	B	0.07%	0.12%	0.07%
	AMAT	F	0.33%	0.52%	0.33%
	AMD	D	0.55%	0.6%	0.55%
	AMGN	D	0.34%	0.49%	0.34%
	AMP	A	0.1%	0.17%	0.1%
	AMT	D	0.21%	0.38%	0.21%
	AMZN	B	3.42%	6.25%	3.42%
	ANET	B	0.2%	0.36%	0.2%
	APH	B	0.15%	0.16%	0.15%
	APO	B	0.11%	0.2%	0.11%
	APP	C	0.06%	0.13%	0.06%
	ARES	B	0.06%	0.11%	0.06%
	AVGO	B	1.63%	2.87%	1.63%
	AVY	B	0.03%	0.02%	0.02%
	AXON	B	0.06%	0.11%	0.06%
	AXP	A	0.3%	0.21%	0.21%
	AZO	C	0.1%	0.17%	0.1%
	BA	F	0.19%	0.05%	0.05%
	BAH	A	0.04%	0.07%	0.04%
	BKNG	A	0.28%	0.49%	0.28%
	BLD	C	0.02%	0.0%	0.0%
	BLDR	C	0.05%	0.01%	0.01%
	BR	C	0.05%	0.09%	0.05%
	BRKR	F	0.01%	0.02%	0.01%
	BRO	A	0.05%	0.04%	0.04%
	BSY	D	0.01%	0.03%	0.01%
	BURL	D	0.03%	0.06%	0.03%
	BX	B	0.21%	0.4%	0.21%
	CAH	C	0.05%	0.06%	0.05%
	CASY	B	0.03%	0.01%	0.01%
	CAT	C	0.37%	0.1%	0.1%
	CDNS	D	0.14%	0.26%	0.14%
	CDW	D	0.06%	0.05%	0.05%
	CE	D	0.03%	0.01%	0.01%
	CEG	C	0.17%	0.05%	0.05%
	CELH	F	0.01%	0.02%	0.01%
	CHDN	B	0.02%	0.03%	0.02%
	CI	C	0.19%	0.03%	0.03%
	CL	D	0.16%	0.16%	0.16%
	CLX	B	0.04%	0.07%	0.04%
	CMG	C	0.16%	0.29%	0.16%
	CNM	D	0.02%	0.02%	0.02%
	COIN	C	0.07%	0.12%	0.07%
	COR	C	0.07%	0.14%	0.07%
	COST	D	0.78%	1.42%	0.78%
	CPAY	A	0.05%	0.08%	0.05%
	CPNG	C	0.06%	0.1%	0.06%
	CPRT	C	0.09%	0.16%	0.09%
	CRM	C	0.53%	0.82%	0.53%
	CRWD	C	0.13%	0.25%	0.13%
	CSL	B	0.04%	0.01%	0.01%
	CTAS	A	0.14%	0.25%	0.14%
	DASH	A	0.09%	0.16%	0.09%
	DAY	C	0.02%	0.0%	0.0%
	DDOG	C	0.07%	0.14%	0.07%
	DECK	C	0.05%	0.09%	0.05%
	DELL	C	0.06%	0.02%	0.02%
	DKNG	D	0.04%	0.06%	0.04%
	DKS	D	0.02%	0.0%	0.0%
	DOCU	B	0.03%	0.05%	0.03%
	DPZ	D	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.04%	0.04%
	DT	C	0.03%	0.06%	0.03%
	DVA	C	0.02%	0.03%	0.02%
	DXCM	F	0.05%	0.1%	0.05%
	ECL	B	0.13%	0.2%	0.13%
	EFX	D	0.07%	0.03%	0.03%
	EG	C	0.03%	0.01%	0.01%
	EL	F	0.04%	0.03%	0.03%
	ELV	F	0.22%	0.06%	0.06%
	EME	A	0.04%	0.03%	0.03%
	ENPH	F	0.03%	0.04%	0.03%
	ENTG	F	0.03%	0.06%	0.03%
	EPAM	F	0.02%	0.0%	0.0%
	EQH	A	0.02%	0.05%	0.02%
	EQIX	B	0.16%	0.02%	0.02%
	EQT	C	0.04%	0.0%	0.0%
	EW	D	0.08%	0.03%	0.03%
	EXAS	C	0.02%	0.02%	0.02%
	EXPD	F	0.03%	0.01%	0.01%
	EXPE	B	0.04%	0.07%	0.04%
	FAST	B	0.08%	0.13%	0.08%
	FDS	B	0.03%	0.02%	0.02%
	FERG	C	0.08%	0.01%	0.01%
	FI	B	0.21%	0.13%	0.13%
	FICO	B	0.1%	0.15%	0.1%
	FIX	B	0.03%	0.05%	0.03%
	FND	D	0.02%	0.02%	0.02%
	FTNT	B	0.1%	0.15%	0.1%
	FWONA	B	0.0%	0.0%	0.0%
	FWONK	B	0.03%	0.02%	0.02%
	GDDY	B	0.04%	0.08%	0.04%
	GE	B	0.4%	0.16%	0.16%
	GEHC	B	0.07%	0.01%	0.01%
	GOOG	C	1.7%	2.95%	1.7%
	GOOGL	C	1.9%	3.48%	1.9%
	GS	B	0.32%	0.16%	0.16%
	GWW	A	0.09%	0.15%	0.09%
	HCA	B	0.14%	0.07%	0.07%
	HD	B	0.81%	1.18%	0.81%
	HEI	B	0.03%	0.06%	0.03%
	HEI	B	0.02%	0.06%	0.02%
	HEI	B	0.02%	0.04%	0.02%
	HEI	B	0.03%	0.04%	0.03%
	HES	D	0.08%	0.09%	0.08%
	HLT	A	0.11%	0.11%	0.11%
	HON	A	0.27%	0.08%	0.08%
	HPQ	B	0.07%	0.03%	0.03%
	HSY	F	0.05%	0.01%	0.01%
	HUBS	D	0.05%	0.1%	0.05%
	HWM	A	0.08%	0.01%	0.01%
	IDXX	F	0.08%	0.14%	0.08%
	INCY	B	0.02%	0.0%	0.0%
	INTU	F	0.34%	0.6%	0.34%
	IQV	D	0.08%	0.02%	0.02%
	IRM	A	0.07%	0.07%	0.07%
	ISRG	D	0.33%	0.61%	0.33%
	IT	A	0.08%	0.14%	0.08%
	ITW	B	0.15%	0.1%	0.1%
	JBL	C	0.03%	0.0%	0.0%
	KKR	B	0.17%	0.09%	0.09%
	KLAC	F	0.21%	0.34%	0.21%
	KMB	B	0.09%	0.07%	0.07%
	KMX	F	0.02%	0.0%	0.0%
	KO	D	0.53%	0.56%	0.53%
	LECO	D	0.02%	0.01%	0.01%
	LII	B	0.04%	0.07%	0.04%
	LLY	D	1.53%	2.62%	1.53%
	LMT	A	0.25%	0.15%	0.15%
	LNG	D	0.08%	0.08%	0.08%
	LPLA	C	0.04%	0.07%	0.04%
	LRCX	F	0.21%	0.36%	0.21%
	LULU	D	0.06%	0.12%	0.06%
	LVS	C	0.04%	0.06%	0.04%
	LW	D	0.02%	0.01%	0.01%
	LYV	B	0.03%	0.07%	0.03%
	MA	A	0.8%	1.5%	0.8%
	MANH	B	0.03%	0.07%	0.03%
	MCD	A	0.43%	0.05%	0.05%
	MCK	F	0.13%	0.1%	0.1%
	MCO	B	0.15%	0.28%	0.15%
	MDB	D	0.04%	0.07%	0.04%
	MEDP	F	0.02%	0.03%	0.02%
	META	C	2.57%	4.6%	2.57%
	MKL	B	0.04%	0.02%	0.02%
	MLM	C	0.06%	0.01%	0.01%
	MMC	B	0.22%	0.05%	0.05%
	MMM	B	0.15%	0.05%	0.05%
	MNST	C	0.07%	0.11%	0.07%
	MOH	F	0.04%	0.04%	0.04%
	MORN	B	0.02%	0.03%	0.02%
	MPWR	C	0.08%	0.15%	0.08%
	MRK	F	0.54%	1.01%	0.54%
	MRVL	B	0.12%	0.02%	0.02%
	MS	B	0.27%	0.03%	0.03%
	MSCI	B	0.09%	0.1%	0.09%
	MSFT	F	6.09%	11.16%	6.09%
	MSI	A	0.15%	0.13%	0.13%
	MSTR	C	0.07%	0.01%	0.01%
	NBIX	F	0.02%	0.04%	0.02%
	NET	C	0.05%	0.1%	0.05%
	NFLX	D	0.61%	1.08%	0.61%
	NKE	D	0.19%	0.22%	0.19%
	NOW	C	0.37%	0.68%	0.37%
	NRG	C	0.04%	0.03%	0.03%
	NTAP	B	0.05%	0.04%	0.04%
	NTNX	C	0.03%	0.02%	0.02%
	NTRA	D	0.03%	0.05%	0.03%
	NVDA	B	6.22%	11.03%	6.22%
	ODFL	C	0.07%	0.14%	0.07%
	OKTA	F	0.02%	0.02%	0.02%
	ORCL	B	0.55%	0.98%	0.55%
	ORLY	B	0.13%	0.23%	0.13%
	PANW	B	0.23%	0.41%	0.23%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.06%	0.06%
	PCOR	D	0.01%	0.02%	0.01%
	PEP	C	0.46%	0.68%	0.46%
	PFGC	A	0.02%	0.01%	0.01%
	PG	C	0.78%	0.33%	0.33%
	PGR	C	0.29%	0.44%	0.29%
	PINS	D	0.04%	0.07%	0.04%
	PLTR	C	0.16%	0.31%	0.16%
	PODD	C	0.03%	0.06%	0.03%
	POOL	C	0.03%	0.05%	0.03%
	PSA	C	0.11%	0.03%	0.03%
	PSTG	D	0.03%	0.05%	0.03%
	PTC	B	0.04%	0.05%	0.04%
	PWR	B	0.09%	0.05%	0.05%
	QCOM	D	0.37%	0.65%	0.37%
	RBLX	D	0.04%	0.07%	0.04%
	RCL	B	0.08%	0.06%	0.06%
	REGN	F	0.21%	0.03%	0.03%
	RMD	C	0.07%	0.03%	0.03%
	ROK	C	0.06%	0.01%	0.01%
	ROL	D	0.03%	0.05%	0.03%
	ROST	C	0.09%	0.04%	0.04%
	RPM	A	0.03%	0.01%	0.01%
	SAIA	D	0.02%	0.02%	0.02%
	SBUX	C	0.22%	0.3%	0.22%
	SCHW	C	0.18%	0.04%	0.04%
	SHW	B	0.17%	0.3%	0.17%
	SMCI	F	0.04%	0.08%	0.04%
	SNOW	D	0.07%	0.14%	0.07%
	SNPS	D	0.16%	0.28%	0.16%
	SPG	B	0.1%	0.05%	0.05%
	SQ	C	0.07%	0.06%	0.06%
	SRPT	F	0.02%	0.04%	0.02%
	SYK	B	0.25%	0.14%	0.14%
	SYY	D	0.07%	0.08%	0.07%
	TDG	B	0.15%	0.05%	0.05%
	TEAM	C	0.05%	0.11%	0.05%
	TER	D	0.04%	0.06%	0.04%
	TJX	C	0.25%	0.28%	0.25%
	TPL	B	0.04%	0.07%	0.04%
	TRGP	B	0.07%	0.13%	0.07%
	TRU	B	0.04%	0.0%	0.0%
	TSCO	C	0.06%	0.12%	0.06%
	TSLA	D	1.34%	2.19%	1.34%
	TT	B	0.18%	0.11%	0.11%
	TTD	B	0.1%	0.19%	0.1%
	TTEK	C	0.03%	0.01%	0.01%
	TW	C	0.03%	0.02%	0.02%
	TWLO	C	0.02%	0.01%	0.01%
	TXN	D	0.36%	0.08%	0.08%
	TYL	C	0.05%	0.08%	0.05%
	U	D	0.01%	0.01%	0.01%
	UBER	C	0.3%	0.6%	0.3%
	UHAL	C	0.01%	0.01%	0.01%
	UHAL	C	0.0%	0.01%	0.0%
	UHAL	C	0.0%	0.0%	0.0%
	UHAL	C	0.01%	0.0%	0.0%
	ULTA	F	0.03%	0.05%	0.03%
	UNH	D	1.06%	0.12%	0.12%
	UNP	D	0.29%	0.26%	0.26%
	URI	B	0.1%	0.05%	0.05%
	V	B	0.91%	1.58%	0.91%
	VEEV	C	0.06%	0.11%	0.06%
	VLTO	B	0.05%	0.04%	0.04%
	VMC	B	0.06%	0.03%	0.03%
	VRSK	D	0.08%	0.14%	0.08%
	VRSN	C	0.03%	0.0%	0.0%
	VRT	B	0.08%	0.14%	0.08%
	VRTX	B	0.23%	0.22%	0.22%
	VST	C	0.08%	0.16%	0.08%
	WAT	C	0.04%	0.05%	0.04%
	WDAY	F	0.1%	0.19%	0.1%
	WING	D	0.02%	0.04%	0.02%
	WM	B	0.15%	0.31%	0.15%
	WMS	D	0.02%	0.01%	0.01%
	WSM	D	0.04%	0.04%	0.04%
	WST	F	0.04%	0.05%	0.04%
	WYNN	C	0.02%	0.0%	0.0%
	XPO	D	0.02%	0.05%	0.02%
	YUM	F	0.07%	0.05%	0.05%
	ZBRA	B	0.04%	0.01%	0.01%
	ZS	D	0.03%	0.06%	0.03%
	ZTS	B	0.17%	0.26%	0.17%

ILCB Overweight 349 Positions Relative to IWF

	Symbol	Grade	Weight
	BRK.A	B	1.61%
	JPM	A	1.18%
	XOM	C	1.07%
	JNJ	C	0.76%
	WMT	B	0.68%
	BAC	B	0.53%
	CVX	B	0.5%
	ACN	B	0.45%
	TMO	D	0.45%
	LIN	A	0.44%
	CSCO	A	0.42%
	IBM	B	0.41%
	ABT	B	0.39%
	WFC	A	0.38%
	VZ	B	0.37%
	PM	D	0.36%
	DHR	C	0.34%
	NEE	B	0.33%
	PFE	C	0.33%
	DIS	D	0.33%
	SPGI	C	0.32%
	RTX	B	0.32%
	LOW	B	0.31%
	T	B	0.31%
	CMCSA	C	0.31%
	BLK	B	0.28%
	ETN	A	0.26%
	BSX	B	0.25%
	COP	F	0.25%
	C	B	0.24%
	PLD	D	0.22%
	MDT	B	0.22%
	MU	C	0.22%
	ADI	C	0.22%
	CB	A	0.21%
	GILD	A	0.21%
	BMY	B	0.21%
	INTC	D	0.2%
	DE	C	0.2%
	TMUS	A	0.2%
	MDLZ	D	0.19%
	UPS	D	0.19%
	SO	A	0.19%
	MELI	B	0.19%
	ICE	B	0.18%
	MO	D	0.17%
	DUK	B	0.17%
	CME	B	0.16%
	PH	B	0.16%
	CVS	D	0.16%
	PYPL	C	0.16%
	GD	A	0.15%
	EOG	C	0.15%
	WELL	A	0.15%
	AON	B	0.15%
	NOC	C	0.15%
	BDX	B	0.14%
	USB	B	0.14%
	APD	A	0.14%
	FCX	C	0.14%
	TGT	C	0.14%
	PNC	B	0.14%
	GEV	B	0.14%
	CSX	D	0.13%
	CARR	B	0.13%
	FDX	D	0.12%
	WMB	B	0.12%
	MAR	A	0.12%
	NXPI	F	0.12%
	NEM	B	0.12%
	CRH	A	0.12%
	EMR	C	0.12%
	SLB	D	0.12%
	O	A	0.11%
	BK	A	0.11%
	OKE	B	0.11%
	MPC	F	0.11%
	NSC	C	0.11%
	PSX	D	0.11%
	DHI	B	0.11%
	TFC	C	0.11%
	COF	A	0.11%
	AFL	A	0.11%
	ROP	B	0.11%
	FIS	A	0.1%
	CCI	D	0.1%
	AIG	B	0.1%
	MET	B	0.1%
	JCI	B	0.1%
	DLR	B	0.1%
	SRE	A	0.1%
	GM	B	0.1%
	AEP	C	0.1%
	PCAR	C	0.1%
	TRV	A	0.1%
	VLO	F	0.09%
	PRU	A	0.09%
	TEL	C	0.09%
	CMI	B	0.09%
	PEG	B	0.09%
	LHX	A	0.09%
	KMI	B	0.09%
	D	B	0.09%
	KVUE	D	0.08%
	KR	B	0.08%
	CTSH	B	0.08%
	AME	C	0.08%
	STZ	F	0.08%
	KDP	B	0.08%
	CTVA	A	0.08%
	EXC	B	0.08%
	IR	B	0.08%
	GIS	D	0.08%
	OTIS	B	0.08%
	F	D	0.08%
	MCHP	F	0.08%
	RSG	B	0.08%
	ACGL	D	0.08%
	PCG	B	0.08%
	A	D	0.08%
	LEN	B	0.08%
	VICI	B	0.07%
	FANG	D	0.07%
	HIG	A	0.07%
	EBAY	C	0.07%
	OXY	F	0.07%
	XEL	B	0.07%
	GLW	B	0.07%
	EA	D	0.07%
	DD	C	0.07%
	ED	A	0.07%
	NUE	D	0.07%
	DFS	B	0.07%
	EXR	D	0.07%
	CBRE	A	0.07%
	DOW	D	0.07%
	BKR	C	0.07%
	CNC	F	0.07%
	NDAQ	B	0.06%
	ANSS	C	0.06%
	FITB	A	0.06%
	NVR	B	0.06%
	HUM	F	0.06%
	PHM	B	0.06%
	MTB	B	0.06%
	PPG	D	0.06%
	WEC	A	0.06%
	WTW	C	0.06%
	ON	F	0.06%
	KHC	B	0.06%
	CSGP	D	0.06%
	AVB	C	0.06%
	MTD	D	0.06%
	WAB	A	0.06%
	EIX	B	0.06%
	CHTR	F	0.06%
	XYL	C	0.06%
	DAL	B	0.06%
	SW	D	0.05%
	FSLR	F	0.05%
	AEE	A	0.05%
	HUBB	B	0.05%
	TROW	B	0.05%
	PPL	B	0.05%
	RJF	A	0.05%
	WY	C	0.05%
	FCNCA	B	0.05%
	LYB	F	0.05%
	CHD	C	0.05%
	EQR	C	0.05%
	GPN	F	0.05%
	VTR	B	0.05%
	TTWO	C	0.05%
	GRMN	D	0.05%
	SBAC	B	0.05%
	DOV	A	0.05%
	DTE	B	0.05%
	DVN	F	0.05%
	IFF	B	0.05%
	BIIB	F	0.05%
	HAL	F	0.05%
	STT	B	0.05%
	FTV	C	0.05%
	AWK	D	0.05%
	KEYS	B	0.05%
	HPE	B	0.05%
	ADM	F	0.05%
	ETR	A	0.05%
	MAA	D	0.04%
	LH	D	0.04%
	CTRA	D	0.04%
	MAS	B	0.04%
	DG	F	0.04%
	LUV	C	0.04%
	NTRS	B	0.04%
	ESS	C	0.04%
	HOLX	D	0.04%
	GPC	D	0.04%
	STLD	C	0.04%
	CCL	B	0.04%
	CFG	B	0.04%
	CNP	B	0.04%
	INVH	F	0.04%
	BAX	F	0.04%
	PKG	B	0.04%
	BBY	C	0.04%
	UAL	B	0.04%
	MRNA	F	0.04%
	OMC	B	0.04%
	PFG	A	0.04%
	BALL	B	0.04%
	MKC	D	0.04%
	COO	C	0.04%
	SYF	B	0.04%
	CINF	A	0.04%
	RF	B	0.04%
	ZBH	F	0.04%
	TDY	B	0.04%
	ATO	A	0.04%
	CMS	A	0.04%
	HBAN	B	0.04%
	WDC	C	0.04%
	K	A	0.04%
	FE	C	0.04%
	STX	B	0.04%
	ILMN	B	0.04%
	LDOS	B	0.04%
	ES	D	0.04%
	STE	F	0.04%
	BXP	A	0.03%
	CPT	D	0.03%
	JNPR	B	0.03%
	FFIV	C	0.03%
	NDSN	B	0.03%
	ALLE	A	0.03%
	AES	F	0.03%
	CLH	B	0.03%
	EMN	C	0.03%
	BMRN	F	0.03%
	WPC	D	0.03%
	HOOD	B	0.03%
	UDR	B	0.03%
	JKHY	A	0.03%
	GLPI	B	0.03%
	RNR	A	0.03%
	ERIE	D	0.03%
	UTHR	B	0.03%
	JBHT	D	0.03%
	FLEX	B	0.03%
	BG	F	0.03%
	EVRG	B	0.03%
	FNF	A	0.03%
	VTRS	D	0.03%
	CAG	D	0.03%
	RGA	B	0.03%
	USFD	B	0.03%
	DLTR	F	0.03%
	GGG	C	0.03%
	ACM	A	0.03%
	L	C	0.03%
	THC	C	0.03%
	SNA	A	0.03%
	RVTY	D	0.03%
	TRMB	C	0.03%
	AKAM	C	0.03%
	NI	A	0.03%
	LNT	A	0.03%
	KIM	A	0.03%
	DOC	C	0.03%
	SWKS	F	0.03%
	TOL	B	0.03%
	SUI	C	0.03%
	IBKR	B	0.03%
	OC	B	0.03%
	PNR	A	0.03%
	GEN	B	0.03%
	IEX	D	0.03%
	MRO	D	0.03%
	KEY	B	0.03%
	AMCR	B	0.03%
	CF	C	0.03%
	RS	C	0.03%
	SSNC	A	0.03%
	TXT	C	0.03%
	IP	D	0.03%
	TSN	D	0.03%
	ZM	B	0.03%
	SWK	C	0.03%
	DGX	D	0.03%
	APTV	F	0.03%
	AVTR	D	0.03%
	WBD	D	0.03%
	EXE	B	0.03%
	J	D	0.03%
	WSO	B	0.03%
	WRB	A	0.03%
	ARE	C	0.03%
	MOS	F	0.02%
	UNM	A	0.02%
	AR	F	0.02%
	HRL	D	0.02%
	SOLV	C	0.02%
	CPB	D	0.02%
	WTRG	B	0.02%
	CRL	D	0.02%
	TAP	D	0.02%
	MGM	D	0.02%
	FOXA	A	0.02%
	APA	F	0.02%
	QRVO	F	0.02%
	NWSA	D	0.02%
	CNH	C	0.02%
	LKQ	F	0.02%
	HII	F	0.02%
	AFG	A	0.02%
	CG	A	0.02%
	AOS	D	0.02%
	SCI	D	0.02%
	BJ	C	0.02%
	RPRX	C	0.02%
	RRX	B	0.02%
	TFX	D	0.02%
	OVV	D	0.02%
	CCK	B	0.02%
	TECH	F	0.02%
	SNAP	D	0.02%
	ALB	D	0.02%
	NVT	C	0.02%
	IPG	B	0.02%
	REG	C	0.02%
	AMH	D	0.02%
	ELS	D	0.02%
	HST	D	0.02%
	SJM	C	0.02%
	UHS	C	0.02%
	NWS	D	0.01%
	PAG	D	0.01%
	COTY	F	0.01%
	WLK	F	0.01%
	FOX	A	0.01%
	SIRI	B	0.01%
	BEN	D	0.01%
	SNX	B	0.01%
	WBA	D	0.01%
	AZPN	B	0.01%
	ACI	F	0.01%
	DINO	F	0.01%
	LEN	B	0.0%
	AGR	D	0.0%

ILCB Underweight 126 Positions Relative to IWF

	Symbol	Grade	Weight
	SPOT	C	-0.2%
	TOST	B	-0.05%
	CAVA	B	-0.04%
	KNSL	C	-0.04%
	NCLH	B	-0.04%
	DUOL	B	-0.04%
	OWL	A	-0.04%
	TXRH	B	-0.04%
	TREX	F	-0.03%
	GWRE	B	-0.03%
	CVNA	B	-0.03%
	RYAN	C	-0.03%
	PCTY	C	-0.03%
	EXP	A	-0.03%
	SMAR	A	-0.03%
	AAON	B	-0.03%
	PEN	D	-0.03%
	ITCI	C	-0.03%
	TPX	F	-0.03%
	LNW	F	-0.03%
	HAS	C	-0.03%
	MUSA	D	-0.03%
	AZEK	D	-0.02%
	APPF	F	-0.02%
	LPX	C	-0.02%
	OLED	C	-0.02%
	GNRC	C	-0.02%
	PATH	D	-0.02%
	RARE	C	-0.02%
	VVV	C	-0.02%
	LAZ	B	-0.02%
	MTN	F	-0.02%
	IONS	F	-0.02%
	CFLT	D	-0.02%
	LSCC	D	-0.02%
	FOUR	B	-0.02%
	INSP	D	-0.02%
	ELF	F	-0.02%
	GTLB	D	-0.02%
	WFRD	F	-0.02%
	GLOB	C	-0.02%
	ESTC	F	-0.02%
	EXEL	B	-0.02%
	VKTX	C	-0.02%
	SN	C	-0.01%
	DV	F	-0.01%
	BILL	D	-0.01%
	BROS	C	-0.01%
	VNOM	A	-0.01%
	ROKU	C	-0.01%
	CROX	D	-0.01%
	HRB	D	-0.01%
	WEN	B	-0.01%
	SOFI	B	-0.01%
	NCNO	B	-0.01%
	DBX	C	-0.01%
	PR	D	-0.01%
	WSC	F	-0.01%
	CLF	D	-0.01%
	AM	C	-0.01%
	AWI	A	-0.01%
	NXST	B	-0.01%
	FRPT	C	-0.01%
	LBRDK	C	-0.01%
	BWXT	B	-0.01%
	FIVN	F	-0.01%
	CACC	D	-0.01%
	SITE	D	-0.01%
	ONTO	C	-0.01%
	RNG	C	-0.01%
	APLS	F	-0.01%
	LAMR	B	-0.01%
	TDC	D	-0.01%
	CHH	B	-0.01%
	MASI	B	-0.01%
	JEF	A	-0.01%
	PEGA	B	-0.01%
	LYFT	D	-0.01%
	HCP	C	-0.01%
	ETSY	F	-0.01%
	PLNT	D	-0.01%
	JLL	B	-0.01%
	FIVE	D	-0.01%
	FTRE	F	-0.0%
	TRIP	D	-0.0%
	PYCR	D	-0.0%
	PPC	B	-0.0%
	CC	D	-0.0%
	SEE	C	-0.0%
	NFE	F	-0.0%
	MSGS	A	-0.0%
	IRDM	C	-0.0%
	LBRDA	C	-0.0%
	CGNX	D	-0.0%
	DOCS	C	-0.0%
	RLI	A	-0.0%
	MKSI	F	-0.0%
	UI	A	-0.0%
	MTDR	F	-0.0%
	SPR	D	-0.0%
	UWMC	D	-0.0%
	SAM	D	-0.0%
	CAR	F	-0.0%
	WH	A	-0.0%
	WU	D	-0.0%
	AAL	C	-0.0%
	LOAR	B	-0.0%
	SKX	F	-0.0%
	BPOP	B	-0.0%
	SSD	C	-0.0%
	KBR	A	-0.0%
	HLI	A	-0.0%
	WEX	C	-0.0%
	CHE	B	-0.0%
	H	C	-0.0%
	DJT	D	-0.0%
	RH	B	-0.0%
	YETI	F	-0.0%
	TXG	F	-0.0%
	S	C	-0.0%
	BFAM	D	-0.0%
	RGEN	F	-0.0%
	LOPE	F	-0.0%
	TPG	A	-0.0%
	TKO	A	-0.0%
	CIVI	F	-0.0%

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

IWF: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Biotechnology Business Services Specialty Retail Restaurants Capital Markets Building Materials Semiconductors Aerospace & Defense Asset Management Diagnostics & Research Semiconductor Equipment & Materials Diversified Industrials Internet Content & Information Leisure Credit Services Household & Personal Products Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Dow Jones Component Medicine Software Insurance Software As A Service Work From Home Semiconductor Cloud Infrastructure Electronics Mobile Devices Natural Gas Telecommunications Integrated Circuits Operating System Retailing