ILCB vs. JUST ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST)

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$82.76

Average Daily Volume

40,854

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$84.67

Average Daily Volume

16,662

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	JUST
30 Days	3.62%	2.45%
60 Days	4.81%	4.36%
90 Days	6.51%	5.67%
12 Months	32.50%	31.80%

352 Overlapping Holdings

Symbol	Grade	Weight in ILCB	Weight in JUST	Overlap
A	D	0.07%	0.08%	0.07%
AAPL	C	6.21%	7.25%	6.21%
ABBV	D	0.56%	0.67%	0.56%
ABNB	C	0.11%	0.16%	0.11%
ABT	B	0.39%	0.45%	0.39%
ACGL	D	0.07%	0.1%	0.07%
ACM	A	0.03%	0.04%	0.03%
ACN	C	0.43%	0.58%	0.43%
ADBE	C	0.43%	0.51%	0.43%
ADI	D	0.2%	0.23%	0.2%
ADM	D	0.05%	0.07%	0.05%
ADP	B	0.23%	0.31%	0.23%
ADSK	A	0.12%	0.14%	0.12%
AEE	A	0.05%	0.07%	0.05%
AEP	D	0.1%	0.14%	0.1%
AES	F	0.02%	0.03%	0.02%
AFL	B	0.11%	0.18%	0.11%
AGR	B	0.0%	0.01%	0.0%
AIG	B	0.09%	0.14%	0.09%
AKAM	D	0.03%	0.03%	0.03%
ALB	C	0.02%	0.03%	0.02%
ALL	A	0.1%	0.15%	0.1%
ALLY	C	0.02%	0.03%	0.02%
ALNY	D	0.06%	0.07%	0.06%
AMAT	F	0.27%	0.34%	0.27%
AMD	F	0.42%	0.49%	0.42%
AME	A	0.09%	0.11%	0.09%
AMGN	D	0.29%	0.35%	0.29%
AMP	A	0.11%	0.16%	0.11%
AMT	D	0.18%	0.31%	0.18%
AMZN	C	3.7%	4.89%	3.7%
ANSS	B	0.06%	0.07%	0.06%
AON	A	0.16%	0.21%	0.16%
APA	D	0.02%	0.02%	0.02%
APD	A	0.14%	0.18%	0.14%
APTV	D	0.02%	0.04%	0.02%
AVB	B	0.06%	0.11%	0.06%
AVGO	D	1.45%	1.69%	1.45%
AVTR	F	0.03%	0.03%	0.03%
AWK	D	0.05%	0.07%	0.05%
AXP	A	0.31%	0.41%	0.31%
BA	F	0.2%	0.24%	0.2%
BAC	A	0.61%	0.9%	0.61%
BAH	F	0.04%	0.05%	0.04%
BALL	D	0.04%	0.05%	0.04%
BAX	D	0.03%	0.04%	0.03%
BBY	D	0.03%	0.05%	0.03%
BDX	F	0.13%	0.15%	0.13%
BG	F	0.02%	0.03%	0.02%
BIIB	F	0.04%	0.05%	0.04%
BK	A	0.11%	0.17%	0.11%
BKNG	A	0.32%	0.45%	0.32%
BKR	B	0.08%	0.1%	0.08%
BLD	D	0.02%	0.03%	0.02%
BLK	C	0.3%	0.45%	0.3%
BMY	B	0.22%	0.27%	0.22%
BR	A	0.05%	0.08%	0.05%
BSX	B	0.25%	0.29%	0.25%
BXP	D	0.02%	0.04%	0.02%
C	A	0.25%	0.38%	0.25%
CAH	B	0.06%	0.07%	0.06%
CARR	D	0.12%	0.16%	0.12%
CAT	B	0.36%	0.48%	0.36%
CBRE	B	0.08%	0.14%	0.08%
CCI	D	0.09%	0.15%	0.09%
CDNS	B	0.15%	0.18%	0.15%
CE	F	0.02%	0.02%	0.02%
CEG	D	0.14%	0.2%	0.14%
CF	B	0.03%	0.04%	0.03%
CHTR	C	0.07%	0.08%	0.07%
CI	F	0.17%	0.2%	0.17%
CL	D	0.15%	0.19%	0.15%
CLX	B	0.04%	0.05%	0.04%
CMCSA	B	0.32%	0.37%	0.32%
CME	A	0.16%	0.23%	0.16%
CMG	B	0.15%	0.22%	0.15%
CMI	A	0.1%	0.13%	0.1%
CNC	D	0.06%	0.07%	0.06%
CNH	C	0.02%	0.03%	0.02%
CNP	B	0.04%	0.05%	0.04%
COF	B	0.14%	0.17%	0.14%
COP	C	0.25%	0.31%	0.25%
COR	B	0.08%	0.1%	0.08%
COST	B	0.78%	1.09%	0.78%
CPB	D	0.02%	0.02%	0.02%
CPRT	A	0.1%	0.13%	0.1%
CRM	B	0.58%	0.68%	0.58%
CSCO	B	0.45%	0.52%	0.45%
CSGP	D	0.06%	0.1%	0.06%
CSL	C	0.04%	0.05%	0.04%
CSX	B	0.13%	0.18%	0.13%
CTSH	B	0.07%	0.09%	0.07%
CVS	D	0.13%	0.18%	0.13%
CVX	A	0.53%	0.67%	0.53%
D	C	0.09%	0.13%	0.09%
DAL	C	0.08%	0.11%	0.08%
DAY	B	0.02%	0.03%	0.02%
DD	D	0.07%	0.09%	0.07%
DE	A	0.19%	0.25%	0.19%
DECK	A	0.05%	0.07%	0.05%
DFS	B	0.09%	0.12%	0.09%
DGX	A	0.03%	0.04%	0.03%
DHR	F	0.29%	0.35%	0.29%
DINO	D	0.01%	0.01%	0.01%
DIS	B	0.4%	0.53%	0.4%
DKS	C	0.02%	0.03%	0.02%
DLR	B	0.11%	0.2%	0.11%
DOCU	A	0.03%	0.04%	0.03%
DOW	F	0.06%	0.08%	0.06%
DUK	C	0.17%	0.24%	0.17%
DVA	B	0.02%	0.02%	0.02%
DVN	F	0.05%	0.06%	0.05%
DXCM	D	0.06%	0.07%	0.06%
EA	A	0.08%	0.12%	0.08%
EBAY	D	0.06%	0.08%	0.06%
ECL	D	0.12%	0.16%	0.12%
EIX	B	0.06%	0.09%	0.06%
EL	F	0.03%	0.04%	0.03%
ELV	F	0.18%	0.21%	0.18%
EMN	D	0.02%	0.03%	0.02%
EMR	A	0.14%	0.18%	0.14%
EQH	B	0.02%	0.05%	0.02%
EQIX	A	0.16%	0.29%	0.16%
EQR	B	0.05%	0.09%	0.05%
ES	D	0.04%	0.06%	0.04%
ESS	B	0.04%	0.07%	0.04%
ETN	A	0.28%	0.37%	0.28%
ETR	B	0.06%	0.09%	0.06%
EW	C	0.08%	0.09%	0.08%
EXC	C	0.08%	0.11%	0.08%
EXPE	B	0.04%	0.06%	0.04%
F	C	0.08%	0.11%	0.08%
FCX	D	0.12%	0.16%	0.12%
FDX	B	0.13%	0.17%	0.13%
FFIV	B	0.03%	0.03%	0.03%
FI	A	0.23%	0.31%	0.23%
FITB	A	0.06%	0.09%	0.06%
FOX	A	0.01%	0.02%	0.01%
FOXA	B	0.02%	0.03%	0.02%
FSLR	F	0.04%	0.05%	0.04%
FTNT	C	0.12%	0.13%	0.12%
FTV	C	0.05%	0.07%	0.05%
GDDY	A	0.05%	0.06%	0.05%
GE	D	0.37%	0.5%	0.37%
GEN	B	0.03%	0.04%	0.03%
GEV	B	0.17%	0.23%	0.17%
GILD	C	0.21%	0.26%	0.21%
GIS	D	0.07%	0.09%	0.07%
GLW	B	0.07%	0.08%	0.07%
GM	B	0.12%	0.17%	0.12%
GOOG	C	1.74%	1.91%	1.74%
GOOGL	C	1.95%	2.25%	1.95%
GRMN	B	0.06%	0.09%	0.06%
GS	A	0.37%	0.54%	0.37%
HAL	C	0.05%	0.06%	0.05%
HBAN	A	0.05%	0.07%	0.05%
HCA	F	0.12%	0.15%	0.12%
HD	A	0.78%	1.07%	0.78%
HES	B	0.08%	0.1%	0.08%
HIG	B	0.07%	0.1%	0.07%
HLT	A	0.12%	0.16%	0.12%
HOLX	D	0.04%	0.04%	0.04%
HON	B	0.29%	0.38%	0.29%
HPE	B	0.05%	0.06%	0.05%
HPQ	B	0.07%	0.08%	0.07%
HRL	D	0.02%	0.02%	0.02%
HSY	F	0.05%	0.07%	0.05%
HUM	C	0.06%	0.08%	0.06%
IBM	C	0.36%	0.42%	0.36%
ICE	C	0.17%	0.25%	0.17%
IDXX	F	0.07%	0.08%	0.07%
IEX	B	0.03%	0.05%	0.03%
IFF	D	0.04%	0.06%	0.04%
ILMN	D	0.04%	0.05%	0.04%
INCY	C	0.02%	0.03%	0.02%
INTC	D	0.2%	0.23%	0.2%
INTU	C	0.37%	0.41%	0.37%
IPG	D	0.02%	0.03%	0.02%
IQV	D	0.07%	0.08%	0.07%
IR	B	0.08%	0.11%	0.08%
IRM	D	0.06%	0.11%	0.06%
ISRG	A	0.36%	0.43%	0.36%
IT	C	0.08%	0.09%	0.08%
J	F	0.03%	0.05%	0.03%
JCI	C	0.11%	0.15%	0.11%
JNPR	F	0.02%	0.03%	0.02%
JPM	A	1.34%	2.01%	1.34%
K	A	0.04%	0.06%	0.04%
KDP	D	0.07%	0.1%	0.07%
KEY	B	0.03%	0.05%	0.03%
KEYS	A	0.05%	0.07%	0.05%
KIM	A	0.03%	0.06%	0.03%
KMB	D	0.09%	0.11%	0.09%
KMI	A	0.1%	0.12%	0.1%
KMX	B	0.02%	0.03%	0.02%
KO	D	0.46%	0.62%	0.46%
LDOS	C	0.04%	0.05%	0.04%
LH	C	0.04%	0.05%	0.04%
LHX	C	0.09%	0.12%	0.09%
LII	A	0.04%	0.05%	0.04%
LIN	D	0.41%	0.57%	0.41%
LLY	F	1.22%	1.41%	1.22%
LMT	D	0.22%	0.29%	0.22%
LNG	B	0.09%	0.11%	0.09%
LOW	D	0.3%	0.41%	0.3%
LPLA	A	0.05%	0.07%	0.05%
LRCX	F	0.18%	0.21%	0.18%
LULU	C	0.07%	0.11%	0.07%
LUV	C	0.04%	0.05%	0.04%
LVS	C	0.04%	0.05%	0.04%
LYB	F	0.04%	0.05%	0.04%
MA	C	0.82%	1.1%	0.82%
MAR	B	0.12%	0.17%	0.12%
MAS	D	0.03%	0.04%	0.03%
MCK	B	0.15%	0.2%	0.15%
MCO	B	0.14%	0.22%	0.14%
MDB	C	0.04%	0.04%	0.04%
MDLZ	F	0.17%	0.22%	0.17%
MDT	D	0.22%	0.25%	0.22%
MET	A	0.1%	0.14%	0.1%
MGM	D	0.02%	0.02%	0.02%
MKC	D	0.04%	0.05%	0.04%
MLM	B	0.07%	0.09%	0.07%
MMC	B	0.21%	0.32%	0.21%
MMM	D	0.14%	0.19%	0.14%
MOS	F	0.02%	0.02%	0.02%
MPC	D	0.1%	0.13%	0.1%
MPWR	F	0.05%	0.06%	0.05%
MRK	F	0.47%	0.56%	0.47%
MRNA	F	0.02%	0.03%	0.02%
MRVL	B	0.15%	0.17%	0.15%
MS	A	0.32%	0.45%	0.32%
MSCI	C	0.09%	0.13%	0.09%
MSFT	F	5.94%	6.93%	5.94%
MTB	A	0.07%	0.1%	0.07%
MU	D	0.21%	0.24%	0.21%
NDAQ	A	0.06%	0.09%	0.06%
NDSN	B	0.03%	0.04%	0.03%
NEE	D	0.3%	0.43%	0.3%
NEM	D	0.09%	0.12%	0.09%
NET	B	0.05%	0.06%	0.05%
NKE	D	0.17%	0.24%	0.17%
NOC	D	0.14%	0.18%	0.14%
NOW	A	0.4%	0.46%	0.4%
NRG	B	0.04%	0.05%	0.04%
NTAP	C	0.05%	0.06%	0.05%
NTNX	A	0.03%	0.04%	0.03%
NVDA	C	6.48%	7.5%	6.48%
NVT	B	0.02%	0.03%	0.02%
NWS	B	0.01%	0.01%	0.01%
NWSA	B	0.02%	0.03%	0.02%
OC	A	0.03%	0.05%	0.03%
OKE	A	0.12%	0.15%	0.12%
OKTA	C	0.02%	0.03%	0.02%
OMC	C	0.04%	0.05%	0.04%
ON	D	0.05%	0.06%	0.05%
OTIS	C	0.08%	0.1%	0.08%
OXY	D	0.06%	0.08%	0.06%
PAG	B	0.01%	0.01%	0.01%
PANW	C	0.24%	0.26%	0.24%
PEG	A	0.09%	0.12%	0.09%
PEP	F	0.42%	0.58%	0.42%
PFE	D	0.27%	0.33%	0.27%
PFG	D	0.04%	0.06%	0.04%
PG	A	0.77%	1.0%	0.77%
PGR	A	0.29%	0.44%	0.29%
PLD	D	0.2%	0.36%	0.2%
PNC	B	0.16%	0.24%	0.16%
PNR	A	0.03%	0.04%	0.03%
PPG	F	0.06%	0.07%	0.06%
PPL	B	0.05%	0.07%	0.05%
PRU	A	0.09%	0.13%	0.09%
PWR	A	0.09%	0.12%	0.09%
PYPL	B	0.17%	0.22%	0.17%
QCOM	F	0.34%	0.4%	0.34%
RCL	A	0.1%	0.15%	0.1%
REGN	F	0.15%	0.18%	0.15%
RF	A	0.05%	0.07%	0.05%
RGA	A	0.03%	0.04%	0.03%
RMD	C	0.07%	0.07%	0.07%
ROK	B	0.06%	0.08%	0.06%
RTX	C	0.3%	0.4%	0.3%
SBAC	D	0.05%	0.08%	0.05%
SBUX	A	0.22%	0.3%	0.22%
SCHW	B	0.22%	0.35%	0.22%
SCI	B	0.02%	0.03%	0.02%
SHW	A	0.17%	0.23%	0.17%
SNPS	B	0.15%	0.18%	0.15%
SOLV	C	0.02%	0.02%	0.02%
SPGI	C	0.3%	0.46%	0.3%
SRE	A	0.11%	0.16%	0.11%
STT	A	0.06%	0.08%	0.06%
SWK	D	0.03%	0.03%	0.03%
SYF	B	0.05%	0.07%	0.05%
SYK	C	0.27%	0.31%	0.27%
SYY	B	0.07%	0.1%	0.07%
T	A	0.31%	0.36%	0.31%
TAP	C	0.02%	0.03%	0.02%
TER	D	0.03%	0.04%	0.03%
TFC	A	0.12%	0.18%	0.12%
TFX	F	0.02%	0.02%	0.02%
TGT	F	0.14%	0.19%	0.14%
TJX	A	0.26%	0.36%	0.26%
TMO	F	0.38%	0.46%	0.38%
TMUS	B	0.22%	0.26%	0.22%
TRU	D	0.04%	0.05%	0.04%
TRV	B	0.11%	0.17%	0.11%
TSCO	D	0.06%	0.08%	0.06%
TSN	B	0.03%	0.05%	0.03%
TT	A	0.18%	0.23%	0.18%
TTWO	A	0.06%	0.08%	0.06%
TW	A	0.03%	0.04%	0.03%
TXN	C	0.35%	0.41%	0.35%
TXT	D	0.03%	0.04%	0.03%
TYL	B	0.05%	0.06%	0.05%
UAL	A	0.06%	0.08%	0.06%
UBER	D	0.28%	0.38%	0.28%
UDR	B	0.03%	0.05%	0.03%
UNH	C	1.05%	1.22%	1.05%
UNM	A	0.02%	0.04%	0.02%
UNP	C	0.28%	0.37%	0.28%
UPS	C	0.19%	0.25%	0.19%
URI	B	0.11%	0.14%	0.11%
USB	A	0.15%	0.23%	0.15%
USFD	A	0.03%	0.04%	0.03%
V	A	1.0%	1.24%	1.0%
VLO	C	0.09%	0.11%	0.09%
VRSK	A	0.08%	0.11%	0.08%
VRTX	F	0.23%	0.28%	0.23%
VST	B	0.09%	0.13%	0.09%
VTR	C	0.05%	0.09%	0.05%
VZ	C	0.34%	0.38%	0.34%
WAB	B	0.07%	0.09%	0.07%
WAT	B	0.04%	0.05%	0.04%
WBA	F	0.01%	0.02%	0.01%
WBD	C	0.04%	0.06%	0.04%
WDAY	B	0.11%	0.13%	0.11%
WDC	D	0.04%	0.04%	0.04%
WM	A	0.15%	0.25%	0.15%
WMB	A	0.13%	0.16%	0.13%
WMT	A	0.7%	0.97%	0.7%
WSM	B	0.03%	0.04%	0.03%
WTW	B	0.06%	0.09%	0.06%
WY	D	0.04%	0.08%	0.04%
XEL	A	0.07%	0.11%	0.07%
XOM	B	1.02%	1.29%	1.02%
XYL	D	0.06%	0.07%	0.06%
ZBH	C	0.04%	0.05%	0.04%
ZBRA	B	0.04%	0.05%	0.04%
ZM	B	0.04%	0.05%	0.04%
ZS	C	0.04%	0.04%	0.04%
ZTS	D	0.15%	0.18%	0.15%

ILCB Overweight 262 Positions Relative to JUST

Symbol	Grade	Weight
META	D	2.34%
TSLA	B	1.72%
BRK.A	B	1.63%
JNJ	D	0.71%
NFLX	A	0.68%
ORCL	B	0.57%
WFC	A	0.49%
MCD	D	0.41%
PM	B	0.38%
BX	A	0.25%
PLTR	B	0.25%
CB	C	0.21%
ANET	C	0.19%
KKR	A	0.19%
MELI	D	0.18%
MO	A	0.18%
SO	D	0.18%
PH	A	0.17%
MSI	B	0.16%
WELL	A	0.16%
KLAC	D	0.16%
APH	A	0.16%
EOG	A	0.15%
CRWD	B	0.15%
ITW	B	0.15%
ORLY	B	0.14%
GD	F	0.14%
CTAS	B	0.14%
APO	B	0.13%
CRH	A	0.13%
TDG	D	0.13%
MSTR	C	0.12%
COIN	C	0.12%
APP	B	0.12%
SLB	C	0.12%
AJG	B	0.12%
PSX	C	0.11%
SPG	B	0.11%
NXPI	D	0.11%
FICO	B	0.11%
PCAR	B	0.11%
ROP	B	0.11%
NSC	B	0.11%
DASH	A	0.1%
GWW	B	0.1%
AZO	C	0.1%
TTD	B	0.1%
PSA	D	0.1%
PCG	A	0.09%
TEL	B	0.09%
HWM	A	0.09%
ROST	C	0.09%
PAYX	C	0.09%
SQ	B	0.09%
FAST	B	0.09%
DHI	D	0.09%
O	D	0.09%
FIS	C	0.09%
KR	B	0.08%
LEN	D	0.08%
FERG	B	0.08%
SNOW	C	0.08%
ODFL	B	0.08%
KVUE	A	0.08%
RSG	A	0.08%
TRGP	B	0.08%
AXON	A	0.08%
VRT	B	0.08%
HUBS	A	0.07%
EXR	D	0.07%
DELL	C	0.07%
NUE	C	0.07%
MNST	C	0.07%
VMC	B	0.07%
DDOG	A	0.07%
YUM	B	0.07%
TEAM	A	0.07%
CTVA	C	0.07%
STZ	D	0.07%
CPNG	D	0.06%
GPN	B	0.06%
RJF	A	0.06%
FANG	D	0.06%
EFX	F	0.06%
WEC	A	0.06%
ARES	A	0.06%
VEEV	C	0.06%
GEHC	F	0.06%
VICI	C	0.06%
ED	D	0.06%
MCHP	D	0.06%
CINF	A	0.05%
CDW	F	0.05%
EME	C	0.05%
EQT	B	0.05%
CCL	B	0.05%
VLTO	D	0.05%
DTE	C	0.05%
CPAY	A	0.05%
MTD	D	0.05%
SW	A	0.05%
NVR	D	0.05%
TROW	B	0.05%
RBLX	C	0.05%
TPL	A	0.05%
BRO	B	0.05%
PHM	D	0.05%
CHD	B	0.05%
KHC	F	0.05%
FCNCA	A	0.05%
DOV	A	0.05%
FDS	B	0.04%
WSO	A	0.04%
WRB	A	0.04%
MAA	B	0.04%
SNA	A	0.04%
IBKR	A	0.04%
EXE	B	0.04%
CTRA	B	0.04%
DKNG	B	0.04%
LYV	A	0.04%
INVH	D	0.04%
COO	D	0.04%
STX	D	0.04%
IP	B	0.04%
DRI	B	0.04%
CMS	C	0.04%
STLD	B	0.04%
PKG	A	0.04%
FE	C	0.04%
BLDR	D	0.04%
CFG	B	0.04%
MKL	A	0.04%
NTRS	A	0.04%
STE	F	0.04%
ATO	A	0.04%
TDY	B	0.04%
PTC	A	0.04%
WST	C	0.04%
HUBB	B	0.04%
DLTR	F	0.03%
EPAM	C	0.03%
FNF	B	0.03%
RNR	C	0.03%
SWKS	F	0.03%
RVTY	F	0.03%
POOL	C	0.03%
SAIA	B	0.03%
UTHR	C	0.03%
JBL	B	0.03%
DT	C	0.03%
EVRG	A	0.03%
AMCR	D	0.03%
ENTG	D	0.03%
ROL	B	0.03%
DOC	D	0.03%
PSTG	D	0.03%
JBHT	C	0.03%
GGG	B	0.03%
THC	D	0.03%
CASY	A	0.03%
FLEX	A	0.03%
DPZ	C	0.03%
SUI	D	0.03%
VTRS	A	0.03%
LNT	A	0.03%
TOL	B	0.03%
VRSN	F	0.03%
L	A	0.03%
AVY	D	0.03%
EG	C	0.03%
FIX	A	0.03%
SSNC	B	0.03%
MRO	B	0.03%
HEI	B	0.03%
TWLO	A	0.03%
ARE	D	0.03%
NI	A	0.03%
HOOD	B	0.03%
MANH	D	0.03%
DG	F	0.03%
ALGN	D	0.03%
PINS	D	0.03%
EXPD	D	0.03%
XPO	B	0.03%
BURL	A	0.03%
FWONK	B	0.03%
GPC	D	0.03%
MOH	F	0.03%
TRMB	B	0.03%
RPM	A	0.03%
RS	B	0.03%
ULTA	F	0.03%
PODD	C	0.03%
NTRA	B	0.03%
MEDP	D	0.02%
ENPH	F	0.02%
AOS	F	0.02%
WYNN	D	0.02%
EXAS	D	0.02%
WING	D	0.02%
AR	B	0.02%
MORN	B	0.02%
SMCI	F	0.02%
WMS	D	0.02%
WTRG	B	0.02%
SRPT	D	0.02%
CRL	C	0.02%
CHDN	B	0.02%
LKQ	D	0.02%
RPRX	D	0.02%
ERIE	D	0.02%
AFG	A	0.02%
TECH	D	0.02%
BJ	A	0.02%
FND	C	0.02%
LW	C	0.02%
TTEK	F	0.02%
PAYC	B	0.02%
CCK	C	0.02%
CG	A	0.02%
SJM	D	0.02%
HEI	B	0.02%
RRX	B	0.02%
SNAP	C	0.02%
OVV	B	0.02%
AMH	D	0.02%
UHS	D	0.02%
BMRN	D	0.02%
LECO	B	0.02%
HST	C	0.02%
NBIX	C	0.02%
WPC	D	0.02%
ALLE	D	0.02%
REG	B	0.02%
JKHY	D	0.02%
CLH	B	0.02%
CPT	B	0.02%
CAG	D	0.02%
ELS	C	0.02%
GLPI	C	0.02%
PFGC	B	0.02%
COTY	F	0.01%
CELH	F	0.01%
WLK	D	0.01%
BRKR	D	0.01%
U	C	0.01%
SNX	C	0.01%
UHAL	D	0.01%
PCOR	B	0.01%
BSY	D	0.01%
SIRI	C	0.01%
QRVO	F	0.01%
BEN	C	0.01%
AZPN	A	0.01%
ACI	C	0.01%
HII	D	0.01%
CNM	D	0.01%
UHAL	D	0.0%
LEN	D	0.0%
FWONA	B	0.0%
ALAB	B	0.0%

ILCB Underweight 104 Positions Relative to JUST

Symbol	Grade	Weight
CBOE	B	-0.06%
GWRE	A	-0.04%
TPR	B	-0.04%
Z	A	-0.04%
SOFI	A	-0.04%
JLL	D	-0.04%
AAL	B	-0.03%
PNFP	B	-0.03%
CMA	A	-0.03%
INGR	B	-0.03%
AA	B	-0.03%
AYI	B	-0.03%
MKTX	D	-0.03%
PNW	B	-0.03%
ATR	B	-0.03%
OWL	A	-0.03%
AFRM	B	-0.03%
NCLH	B	-0.03%
ITT	A	-0.03%
FHN	A	-0.03%
AIZ	A	-0.03%
CHRW	C	-0.03%
VNT	B	-0.02%
ESTC	C	-0.02%
SLM	A	-0.02%
LEA	D	-0.02%
SMAR	A	-0.02%
DBX	B	-0.02%
AZEK	A	-0.02%
THG	A	-0.02%
WHR	B	-0.02%
RGEN	D	-0.02%
LNC	B	-0.02%
SITE	D	-0.02%
ETSY	D	-0.02%
FCN	D	-0.02%
MTCH	D	-0.02%
FMC	D	-0.02%
PVH	C	-0.02%
AWI	A	-0.02%
PARA	C	-0.02%
LPX	B	-0.02%
KBR	F	-0.02%
ALK	C	-0.02%
IVZ	B	-0.02%
COLB	A	-0.02%
OSK	B	-0.02%
AXS	A	-0.02%
HSIC	B	-0.02%
VFC	C	-0.02%
RRC	B	-0.02%
BBWI	D	-0.02%
BERY	B	-0.02%
MTG	C	-0.02%
H	B	-0.02%
WH	B	-0.02%
GPK	C	-0.02%
HRB	D	-0.02%
BWA	D	-0.02%
HAS	D	-0.02%
VOYA	B	-0.02%
CIEN	B	-0.02%
SNV	B	-0.02%
FBIN	D	-0.02%
EXEL	B	-0.02%
ARMK	B	-0.02%
KSS	F	-0.01%
CAR	C	-0.01%
PINC	B	-0.01%
DV	C	-0.01%
TDC	D	-0.01%
RARE	D	-0.01%
NVST	B	-0.01%
SPR	D	-0.01%
PEGA	A	-0.01%
XRAY	F	-0.01%
PENN	C	-0.01%
OGN	D	-0.01%
W	F	-0.01%
YETI	C	-0.01%
MDU	D	-0.01%
BHF	B	-0.01%
PII	D	-0.01%
WU	D	-0.01%
TNL	A	-0.01%
INSP	D	-0.01%
M	D	-0.01%
HOG	D	-0.01%
GAP	C	-0.01%
TKR	D	-0.01%
CHH	A	-0.01%
CRUS	D	-0.01%
GTLB	B	-0.01%
SON	D	-0.01%
ST	F	-0.01%
LITE	B	-0.01%
ZG	A	-0.01%
LOPE	B	-0.01%
AGCO	D	-0.01%
AGO	B	-0.01%
CLF	F	-0.01%
QS	F	-0.0%
SNDR	B	-0.0%
RKT	F	-0.0%