IUSV vs. FEX ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to First Trust Large Cap Core AlphaDEX (FEX)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of 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 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$98.97

Average Daily Volume

517,714

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	FEX
30 Days	3.05%	6.62%
60 Days	4.28%	8.07%
90 Days	6.30%	10.60%
12 Months	27.24%	33.47%

291 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in FEX	Overlap
ABT	B	0.87%	0.09%	0.09%
ACN	C	0.46%	0.08%	0.08%
ADM	D	0.11%	0.37%	0.11%
ADSK	A	0.14%	0.09%	0.09%
AEE	A	0.1%	0.36%	0.1%
AEP	D	0.22%	0.32%	0.22%
AFL	B	0.24%	0.34%	0.24%
AIG	B	0.21%	0.35%	0.21%
AJG	B	0.14%	0.18%	0.14%
AKAM	D	0.03%	0.29%	0.03%
ALL	A	0.23%	0.45%	0.23%
ALLY	C	0.04%	0.34%	0.04%
AMGN	D	0.7%	0.07%	0.07%
AMP	A	0.11%	0.31%	0.11%
AMT	D	0.23%	0.14%	0.14%
AON	A	0.17%	0.09%	0.09%
APD	A	0.31%	0.19%	0.19%
APH	A	0.17%	0.09%	0.09%
APTV	D	0.06%	0.31%	0.06%
ARE	D	0.07%	0.15%	0.07%
ATO	A	0.1%	0.36%	0.1%
AVB	B	0.14%	0.09%	0.09%
AVY	D	0.07%	0.08%	0.07%
AWK	D	0.11%	0.16%	0.11%
AXP	A	0.21%	0.45%	0.21%
AZO	C	0.07%	0.08%	0.07%
BAC	A	1.35%	0.3%	0.3%
BBY	D	0.08%	0.22%	0.08%
BDX	F	0.29%	0.08%	0.08%
BG	F	0.05%	0.4%	0.05%
BIIB	F	0.11%	0.21%	0.11%
BK	A	0.25%	0.46%	0.25%
BKR	B	0.19%	0.4%	0.19%
BLK	C	0.64%	0.09%	0.09%
BR	A	0.05%	0.18%	0.05%
BRK.A	B	3.74%	0.26%	0.26%
BRO	B	0.03%	0.36%	0.03%
BSX	B	0.25%	0.27%	0.25%
BURL	A	0.03%	0.44%	0.03%
C	A	0.57%	0.37%	0.37%
CAG	D	0.06%	0.07%	0.06%
CARR	D	0.14%	0.23%	0.14%
CAT	B	0.34%	0.25%	0.25%
CB	C	0.47%	0.34%	0.34%
CBOE	B	0.03%	0.09%	0.03%
CCI	D	0.2%	0.07%	0.07%
CCL	B	0.03%	0.45%	0.03%
CEG	D	0.17%	0.3%	0.17%
CF	B	0.03%	0.43%	0.03%
CFG	B	0.09%	0.38%	0.09%
CHTR	C	0.09%	0.3%	0.09%
CI	F	0.4%	0.16%	0.16%
CINF	A	0.1%	0.47%	0.1%
CL	D	0.2%	0.15%	0.15%
CLX	B	0.09%	0.09%	0.09%
CMCSA	B	0.73%	0.44%	0.44%
CMI	A	0.22%	0.19%	0.19%
CMS	C	0.09%	0.25%	0.09%
CNC	D	0.13%	0.33%	0.13%
CNP	B	0.09%	0.36%	0.09%
COF	B	0.31%	0.41%	0.31%
COP	C	0.18%	0.46%	0.18%
COST	B	1.04%	0.35%	0.35%
CPB	D	0.04%	0.15%	0.04%
CSCO	B	1.02%	0.27%	0.27%
CSX	B	0.15%	0.26%	0.15%
CTAS	B	0.15%	0.36%	0.15%
CTRA	B	0.03%	0.46%	0.03%
CTSH	B	0.17%	0.42%	0.17%
CTVA	C	0.17%	0.16%	0.16%
CVS	D	0.3%	0.38%	0.3%
CVX	A	1.2%	0.46%	0.46%
D	C	0.21%	0.25%	0.21%
DAL	C	0.08%	0.53%	0.08%
DD	D	0.15%	0.16%	0.15%
DE	A	0.19%	0.25%	0.19%
DELL	C	0.08%	0.19%	0.08%
DG	F	0.07%	0.31%	0.07%
DGX	A	0.08%	0.35%	0.08%
DIS	B	0.87%	0.2%	0.2%
DOC	D	0.07%	0.15%	0.07%
DOV	A	0.12%	0.09%	0.09%
DOW	F	0.14%	0.21%	0.14%
DRI	B	0.04%	0.17%	0.04%
DTE	C	0.11%	0.32%	0.11%
DUK	C	0.37%	0.33%	0.33%
DVN	F	0.11%	0.42%	0.11%
EBAY	D	0.13%	0.32%	0.13%
ECL	D	0.13%	0.16%	0.13%
ED	D	0.14%	0.31%	0.14%
EFX	F	0.09%	0.21%	0.09%
EG	C	0.07%	0.4%	0.07%
EIX	B	0.14%	0.25%	0.14%
ELV	F	0.41%	0.2%	0.2%
EMR	A	0.32%	0.1%	0.1%
EOG	A	0.11%	0.47%	0.11%
EQIX	A	0.2%	0.09%	0.09%
EQR	B	0.11%	0.25%	0.11%
EQT	B	0.11%	0.41%	0.11%
ERIE	D	0.02%	0.32%	0.02%
ESS	B	0.08%	0.09%	0.08%
ETN	A	0.24%	0.18%	0.18%
ETR	B	0.14%	0.38%	0.14%
EXC	C	0.17%	0.33%	0.17%
EXPD	D	0.05%	0.08%	0.05%
EXR	D	0.15%	0.15%	0.15%
F	C	0.19%	0.45%	0.19%
FCX	D	0.14%	0.07%	0.07%
FDX	B	0.29%	0.37%	0.29%
FE	C	0.09%	0.16%	0.09%
FI	A	0.26%	0.4%	0.26%
FITB	A	0.14%	0.28%	0.14%
FNF	B	0.07%	0.17%	0.07%
FOXA	B	0.05%	0.45%	0.05%
FSLR	F	0.09%	0.27%	0.09%
GD	F	0.33%	0.16%	0.16%
GE	D	0.48%	0.32%	0.32%
GEHC	F	0.17%	0.07%	0.07%
GEN	B	0.07%	0.36%	0.07%
GIS	D	0.16%	0.22%	0.16%
GLPI	C	0.03%	0.08%	0.03%
GM	B	0.28%	0.53%	0.28%
GPC	D	0.08%	0.23%	0.08%
GRMN	B	0.07%	0.3%	0.07%
GS	A	0.81%	0.5%	0.5%
GWW	B	0.06%	0.29%	0.06%
HAL	C	0.12%	0.44%	0.12%
HBAN	A	0.11%	0.41%	0.11%
HCA	F	0.15%	0.35%	0.15%
HD	A	1.11%	0.09%	0.09%
HIG	B	0.15%	0.34%	0.15%
HOLX	D	0.08%	0.16%	0.08%
HPE	B	0.12%	0.44%	0.12%
HPQ	B	0.16%	0.09%	0.09%
HRL	D	0.04%	0.24%	0.04%
HSY	F	0.07%	0.15%	0.07%
HUBB	B	0.06%	0.18%	0.06%
HUM	C	0.15%	0.22%	0.15%
HWM	A	0.09%	0.48%	0.09%
IBM	C	0.84%	0.32%	0.32%
ICE	C	0.39%	0.25%	0.25%
IEX	B	0.08%	0.18%	0.08%
INTC	D	0.47%	0.36%	0.36%
IP	B	0.09%	0.4%	0.09%
IQV	D	0.09%	0.07%	0.07%
IR	B	0.04%	0.18%	0.04%
IRM	D	0.07%	0.41%	0.07%
ISRG	A	0.28%	0.27%	0.27%
J	F	0.08%	0.18%	0.08%
JBHT	C	0.06%	0.27%	0.06%
JCI	C	0.25%	0.09%	0.09%
JNJ	D	1.6%	0.24%	0.24%
JPM	A	3.01%	0.3%	0.3%
KDP	D	0.16%	0.21%	0.16%
KEY	B	0.08%	0.19%	0.08%
KEYS	A	0.12%	0.16%	0.12%
KHC	F	0.12%	0.22%	0.12%
KIM	A	0.07%	0.18%	0.07%
KMB	D	0.19%	0.08%	0.08%
KMI	A	0.23%	0.43%	0.23%
KO	D	0.65%	0.15%	0.15%
KR	B	0.17%	0.34%	0.17%
L	A	0.07%	0.36%	0.07%
LEN	D	0.08%	0.38%	0.08%
LH	C	0.09%	0.18%	0.09%
LHX	C	0.21%	0.17%	0.17%
LMT	D	0.5%	0.08%	0.08%
LNT	A	0.07%	0.26%	0.07%
LOW	D	0.67%	0.08%	0.08%
LUV	C	0.08%	0.28%	0.08%
LVS	C	0.03%	0.17%	0.03%
LYB	F	0.09%	0.37%	0.09%
MA	C	0.53%	0.09%	0.09%
MAA	B	0.08%	0.17%	0.08%
MAS	D	0.03%	0.08%	0.03%
MCD	D	0.52%	0.08%	0.08%
MCO	B	0.17%	0.25%	0.17%
MDLZ	F	0.22%	0.15%	0.15%
MDT	D	0.48%	0.16%	0.16%
MET	A	0.21%	0.09%	0.09%
MKC	D	0.08%	0.08%	0.08%
MMC	B	0.23%	0.08%	0.08%
MO	A	0.41%	0.09%	0.09%
MOH	F	0.03%	0.14%	0.03%
MPC	D	0.1%	0.42%	0.1%
MS	A	0.72%	0.33%	0.33%
MSCI	C	0.09%	0.09%	0.09%
MSI	B	0.15%	0.37%	0.15%
MTB	A	0.16%	0.41%	0.16%
MU	D	0.48%	0.08%	0.08%
NDAQ	A	0.14%	0.19%	0.14%
NDSN	B	0.06%	0.08%	0.06%
NEE	D	0.68%	0.31%	0.31%
NI	A	0.07%	0.36%	0.07%
NKE	D	0.23%	0.14%	0.14%
NOC	D	0.3%	0.08%	0.08%
NRG	B	0.08%	0.43%	0.08%
NSC	B	0.26%	0.09%	0.09%
NTAP	C	0.07%	0.16%	0.07%
NTRS	A	0.09%	0.31%	0.09%
NUE	C	0.06%	0.41%	0.06%
NWSA	B	0.05%	0.18%	0.05%
O	D	0.21%	0.15%	0.15%
OKE	A	0.1%	0.31%	0.1%
OMC	C	0.09%	0.16%	0.09%
ON	D	0.07%	0.39%	0.07%
ORLY	B	0.08%	0.09%	0.08%
OTIS	C	0.11%	0.08%	0.08%
OXY	D	0.15%	0.42%	0.15%
PAYX	C	0.12%	0.09%	0.09%
PCAR	B	0.07%	0.48%	0.07%
PCG	A	0.2%	0.27%	0.2%
PEG	A	0.19%	0.25%	0.19%
PEP	F	0.63%	0.08%	0.08%
PFG	D	0.08%	0.17%	0.08%
PGR	A	0.33%	0.43%	0.33%
PH	A	0.09%	0.37%	0.09%
PKG	A	0.09%	0.28%	0.09%
PM	B	0.55%	0.37%	0.37%
PNC	B	0.36%	0.19%	0.19%
POOL	C	0.03%	0.08%	0.03%
PPG	F	0.13%	0.24%	0.13%
PPL	B	0.11%	0.26%	0.11%
PRU	A	0.2%	0.18%	0.18%
PSA	D	0.13%	0.24%	0.13%
PSX	C	0.24%	0.42%	0.24%
PWR	A	0.06%	0.47%	0.06%
PYPL	B	0.38%	0.18%	0.18%
RF	A	0.11%	0.29%	0.11%
RGA	A	0.07%	0.18%	0.07%
RJF	A	0.13%	0.23%	0.13%
RMD	C	0.15%	0.33%	0.15%
ROL	B	0.03%	0.08%	0.03%
RPM	A	0.03%	0.1%	0.03%
RSG	A	0.08%	0.09%	0.08%
RVTY	F	0.06%	0.07%	0.06%
SBAC	D	0.06%	0.08%	0.06%
SBUX	A	0.2%	0.09%	0.09%
SHW	A	0.2%	0.25%	0.2%
SLB	C	0.27%	0.44%	0.27%
SNA	A	0.05%	0.52%	0.05%
SO	D	0.41%	0.17%	0.17%
SPG	B	0.15%	0.18%	0.15%
SPGI	C	0.4%	0.25%	0.25%
SRE	A	0.25%	0.38%	0.25%
STLD	B	0.03%	0.47%	0.03%
STT	A	0.12%	0.28%	0.12%
STX	D	0.05%	0.22%	0.05%
SWKS	F	0.06%	0.36%	0.06%
SYF	B	0.11%	0.54%	0.11%
SYK	C	0.21%	0.09%	0.09%
SYY	B	0.16%	0.16%	0.16%
T	A	0.7%	0.44%	0.44%
TDY	B	0.1%	0.27%	0.1%
TGT	F	0.31%	0.34%	0.31%
THC	D	0.07%	0.39%	0.07%
TJX	A	0.21%	0.26%	0.21%
TMO	F	0.55%	0.07%	0.07%
TMUS	B	0.51%	0.39%	0.39%
TPL	A	0.04%	0.4%	0.04%
TROW	B	0.12%	0.46%	0.12%
TRV	B	0.26%	0.28%	0.26%
TSCO	D	0.08%	0.16%	0.08%
TSN	B	0.08%	0.18%	0.08%
TT	A	0.13%	0.45%	0.13%
TXT	D	0.07%	0.32%	0.07%
UAL	A	0.13%	0.67%	0.13%
ULTA	F	0.03%	0.31%	0.03%
UPS	C	0.42%	0.17%	0.17%
USB	A	0.34%	0.28%	0.28%
UTHR	C	0.04%	0.42%	0.04%
VICI	C	0.14%	0.08%	0.08%
VLO	C	0.2%	0.45%	0.2%
VLTO	D	0.11%	0.23%	0.11%
VRTX	F	0.2%	0.08%	0.08%
VTR	C	0.11%	0.34%	0.11%
VTRS	A	0.07%	0.38%	0.07%
VZ	C	0.75%	0.32%	0.32%
WAB	B	0.15%	0.46%	0.15%
WAT	B	0.06%	0.08%	0.06%
WEC	A	0.13%	0.26%	0.13%
WELL	A	0.34%	0.27%	0.27%
WFC	A	1.08%	0.44%	0.44%
WMB	A	0.18%	0.11%	0.11%
WRB	A	0.08%	0.18%	0.08%
WY	D	0.1%	0.16%	0.1%
XEL	A	0.17%	0.36%	0.17%
XOM	B	2.34%	0.43%	0.43%
XYL	D	0.13%	0.15%	0.13%
ZBH	C	0.1%	0.35%	0.1%
ZTS	D	0.16%	0.08%	0.08%

IUSV Overweight 437 Positions Relative to FEX

Symbol	Grade	Weight
WMT	A	1.6%
UNH	C	1.48%
PG	A	1.05%
ABBV	D	0.83%
V	A	0.77%
RTX	C	0.69%
DHR	F	0.67%
HON	B	0.66%
MRK	F	0.65%
PFE	D	0.64%
TXN	C	0.52%
BMY	B	0.52%
SCHW	B	0.52%
GILD	C	0.5%
LIN	D	0.46%
PLD	D	0.46%
QCOM	F	0.38%
MCK	B	0.35%
UNP	C	0.34%
ADP	B	0.33%
MMM	D	0.32%
TFC	A	0.27%
BA	F	0.25%
GEV	B	0.22%
CME	A	0.22%
FIS	C	0.21%
KVUE	A	0.2%
NEM	D	0.2%
COR	B	0.19%
WM	A	0.19%
ADI	D	0.19%
STZ	D	0.17%
A	D	0.17%
ITW	B	0.17%
CBRE	B	0.17%
GLW	B	0.16%
BX	A	0.16%
REGN	F	0.15%
ROP	B	0.15%
WTW	B	0.14%
DLR	B	0.14%
CAH	B	0.13%
ABNB	C	0.13%
GPN	B	0.13%
TEL	B	0.12%
SW	A	0.11%
EW	C	0.11%
ES	D	0.1%
WBD	C	0.1%
EA	A	0.1%
ILMN	D	0.1%
LDOS	C	0.1%
IFF	D	0.1%
AME	A	0.1%
FAST	B	0.1%
EXE	B	0.09%
DFS	B	0.09%
ZBRA	B	0.09%
WDC	D	0.09%
YUM	B	0.09%
K	A	0.09%
TRMB	B	0.08%
TER	D	0.08%
CSGP	D	0.08%
VRSK	A	0.08%
BALL	D	0.08%
INVH	D	0.08%
EL	F	0.07%
IDXX	F	0.07%
COHR	B	0.07%
MNST	C	0.07%
BAX	D	0.07%
MTD	D	0.07%
USFD	A	0.07%
DOCU	A	0.07%
ROK	B	0.07%
JNPR	F	0.06%
JKHY	D	0.06%
CPT	B	0.06%
ANSS	B	0.06%
CHRW	C	0.06%
SWK	D	0.06%
DLTR	F	0.06%
UDR	B	0.06%
MRNA	F	0.06%
VMC	B	0.06%
TPR	B	0.06%
PFGC	B	0.06%
CDW	F	0.06%
FFIV	B	0.06%
NXPI	D	0.06%
CHD	B	0.06%
EVRG	A	0.06%
MCHP	D	0.06%
AMCR	D	0.06%
TTWO	A	0.06%
AFG	A	0.05%
GME	C	0.05%
AA	B	0.05%
CTLT	B	0.05%
FHN	A	0.05%
IPG	D	0.05%
TAP	C	0.05%
AIZ	A	0.05%
TECH	D	0.05%
PODD	C	0.05%
BJ	A	0.05%
DXCM	D	0.05%
RRX	B	0.05%
COO	D	0.05%
BXP	D	0.05%
SF	B	0.05%
EMN	D	0.05%
SJM	D	0.05%
UHS	D	0.05%
JEF	A	0.05%
REG	B	0.05%
WPC	D	0.05%
ALB	C	0.05%
MLM	B	0.05%
KMX	B	0.05%
INCY	C	0.05%
JLL	D	0.05%
VRSN	F	0.04%
SNV	B	0.04%
MTCH	D	0.04%
HAS	D	0.04%
X	C	0.04%
SSB	B	0.04%
AVTR	F	0.04%
EPAM	C	0.04%
SFM	A	0.04%
OGE	B	0.04%
HSIC	B	0.04%
MOS	F	0.04%
MTZ	B	0.04%
FRT	B	0.04%
GPK	C	0.04%
ZION	B	0.04%
WTFC	A	0.04%
FLR	B	0.04%
SNX	C	0.04%
AR	B	0.04%
ORI	A	0.04%
TFX	F	0.04%
XPO	B	0.04%
DPZ	C	0.04%
KNX	B	0.04%
GMED	A	0.04%
PTC	A	0.04%
WCC	B	0.04%
CNH	C	0.04%
AAL	B	0.04%
SOLV	C	0.04%
STE	F	0.04%
NLY	C	0.04%
GL	B	0.04%
AES	F	0.04%
LAD	A	0.04%
FDS	B	0.04%
MKTX	D	0.04%
WBS	A	0.04%
CRL	C	0.04%
UNM	A	0.04%
PNW	B	0.04%
ARMK	B	0.04%
LKQ	D	0.04%
THO	B	0.03%
FOX	A	0.03%
JHG	A	0.03%
KRG	B	0.03%
FNB	A	0.03%
THG	A	0.03%
PVH	C	0.03%
LITE	B	0.03%
RNR	C	0.03%
CIEN	B	0.03%
SCI	B	0.03%
ESNT	D	0.03%
OHI	C	0.03%
ARW	D	0.03%
INGR	B	0.03%
STWD	C	0.03%
WHR	B	0.03%
QRVO	F	0.03%
PAYC	B	0.03%
WBA	F	0.03%
HR	C	0.03%
GBCI	B	0.03%
DAR	C	0.03%
NOV	C	0.03%
COLB	A	0.03%
KD	B	0.03%
BEN	C	0.03%
EWBC	A	0.03%
BIO	D	0.03%
JBL	B	0.03%
PARA	C	0.03%
FAF	A	0.03%
CACI	D	0.03%
FMC	D	0.03%
CMC	B	0.03%
DINO	D	0.03%
VNO	B	0.03%
VMI	B	0.03%
ALGN	D	0.03%
ONB	B	0.03%
OSK	B	0.03%
TMHC	B	0.03%
R	B	0.03%
MHK	D	0.03%
G	B	0.03%
BERY	B	0.03%
ADC	B	0.03%
ALLE	D	0.03%
MRO	B	0.03%
FYBR	D	0.03%
HII	D	0.03%
ACM	A	0.03%
BWA	D	0.03%
IBKR	A	0.03%
IVZ	B	0.03%
PB	A	0.03%
CYTK	F	0.02%
CNM	D	0.02%
CZR	F	0.02%
PII	D	0.02%
GATX	A	0.02%
DTM	B	0.02%
FR	C	0.02%
XRAY	F	0.02%
NWS	B	0.02%
PRGO	B	0.02%
MIDD	C	0.02%
ALE	A	0.02%
MAT	D	0.02%
ASH	D	0.02%
RL	B	0.02%
IDA	A	0.02%
CGNX	C	0.02%
HOG	D	0.02%
MKSI	C	0.02%
LW	C	0.02%
SR	A	0.02%
DCI	B	0.02%
MTG	C	0.02%
HQY	B	0.02%
ASB	B	0.02%
SEIC	B	0.02%
ASGN	F	0.02%
KRC	C	0.02%
TXNM	A	0.02%
CNO	A	0.02%
TCBI	B	0.02%
FLS	B	0.02%
ORA	B	0.02%
SAIC	F	0.02%
OGS	A	0.02%
SLGN	A	0.02%
KBR	F	0.02%
KMPR	B	0.02%
TTC	D	0.02%
AN	C	0.02%
FLO	D	0.02%
RGLD	C	0.02%
SBRA	C	0.02%
KEX	C	0.02%
M	D	0.02%
GNRC	B	0.02%
BKH	A	0.02%
BRBR	A	0.02%
TKO	B	0.02%
JAZZ	B	0.02%
SWX	B	0.02%
AVNT	B	0.02%
CUZ	B	0.02%
IRT	A	0.02%
LAMR	D	0.02%
ATR	B	0.02%
AVT	C	0.02%
VLY	B	0.02%
AMH	D	0.02%
ELS	C	0.02%
CUBE	D	0.02%
POR	C	0.02%
NJR	A	0.02%
BRX	A	0.02%
CW	B	0.02%
NNN	D	0.02%
HST	C	0.02%
SON	D	0.02%
ST	F	0.02%
WAL	B	0.02%
AYI	B	0.02%
GAP	C	0.02%
WTRG	B	0.02%
BDC	B	0.02%
CBSH	A	0.02%
VOYA	B	0.02%
UGI	A	0.02%
NXST	C	0.02%
POST	C	0.02%
CFR	B	0.02%
DAY	B	0.02%
UMBF	B	0.02%
ENPH	F	0.02%
PNR	A	0.02%
DKS	C	0.02%
BMRN	D	0.02%
UBSI	B	0.02%
NFG	A	0.02%
CLF	F	0.02%
LEA	D	0.02%
EHC	B	0.02%
PNFP	B	0.02%
AMG	B	0.02%
CG	A	0.02%
REXR	F	0.02%
FBIN	D	0.02%
HOMB	A	0.02%
AGCO	D	0.02%
CCK	C	0.02%
UA	C	0.01%
HGV	B	0.01%
TNL	A	0.01%
IPGP	D	0.01%
YETI	C	0.01%
CPRI	F	0.01%
EPR	D	0.01%
MMS	F	0.01%
PSN	D	0.01%
NSP	D	0.01%
BLKB	B	0.01%
VC	D	0.01%
WEN	D	0.01%
NSA	D	0.01%
COLM	B	0.01%
KNF	A	0.01%
TEX	D	0.01%
SAM	C	0.01%
GEF	A	0.01%
AMED	F	0.01%
SYNA	C	0.01%
POWI	D	0.01%
OPCH	D	0.01%
LIVN	F	0.01%
CHH	A	0.01%
MSM	C	0.01%
HAE	C	0.01%
VSH	D	0.01%
IRDM	D	0.01%
UAA	C	0.01%
DLB	B	0.01%
CNXC	F	0.01%
VNOM	A	0.01%
CADE	B	0.01%
LFUS	F	0.01%
LANC	C	0.01%
ROIV	C	0.01%
CRI	D	0.01%
CHX	C	0.01%
CBT	C	0.01%
PPC	C	0.01%
ALGM	D	0.01%
SRPT	D	0.01%
EEFT	B	0.01%
CDP	C	0.01%
ALTM	C	0.01%
SMG	D	0.01%
EQH	B	0.01%
LSTR	D	0.01%
ZI	D	0.01%
AM	A	0.01%
BC	C	0.01%
JWN	C	0.01%
IBOC	A	0.01%
ENS	D	0.01%
RCM	F	0.01%
MTN	C	0.01%
CRUS	D	0.01%
EXPO	D	0.01%
BRKR	D	0.01%
HWC	B	0.01%
RYN	D	0.01%
NOVT	D	0.01%
LPX	B	0.01%
GNTX	C	0.01%
HXL	D	0.01%
ENOV	C	0.01%
RLI	B	0.01%
OZK	B	0.01%
GXO	B	0.01%
CHWY	B	0.01%
GT	C	0.01%
WU	D	0.01%
WH	B	0.01%
MASI	A	0.01%
MUR	D	0.01%
SIGI	C	0.01%
RH	B	0.01%
MGM	D	0.01%
MTSI	B	0.01%
CXT	B	0.01%
KBH	D	0.01%
CC	C	0.01%
NEOG	F	0.01%
ALV	C	0.01%
TKR	D	0.01%
AMKR	D	0.01%
OLN	D	0.01%
PCH	D	0.01%
VAC	B	0.01%
MAN	D	0.01%
PBF	D	0.01%
CVLT	B	0.01%
SLM	A	0.01%
PAG	B	0.01%
FFIN	B	0.01%
EVR	B	0.01%
GHC	C	0.01%
EXLS	B	0.01%
AZPN	A	0.01%
EGP	F	0.01%
DVA	B	0.01%
DOCS	C	0.01%
FLG	C	0.01%
STAG	F	0.01%
BHF	B	0.01%
AMTM	D	0.01%
CHE	D	0.01%
AOS	F	0.01%
NWE	B	0.01%
NVST	B	0.01%
FHI	A	0.01%
MAGN	F	0.0%
AZTA	D	0.0%
WMG	C	0.0%

IUSV Underweight 82 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	-0.97%
PLTR	B	-0.7%
AXON	A	-0.64%
RCL	A	-0.55%
EXPE	B	-0.52%
VRT	B	-0.52%
VST	B	-0.52%
FICO	B	-0.5%
EME	C	-0.49%
KKR	A	-0.49%
CVNA	B	-0.48%
OC	A	-0.47%
TRGP	B	-0.46%
FANG	D	-0.45%
RS	B	-0.45%
URI	B	-0.44%
HEI	B	-0.44%
TOL	B	-0.42%
CPNG	D	-0.42%
DASH	A	-0.41%
LYV	A	-0.41%
GDDY	A	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
RBLX	C	-0.39%
PHM	D	-0.38%
HOOD	B	-0.38%
ORCL	B	-0.37%
CRBG	B	-0.36%
DHI	D	-0.36%
LII	A	-0.35%
ANET	C	-0.33%
META	D	-0.33%
BLDR	D	-0.31%
FTNT	C	-0.3%
BKNG	A	-0.3%
NFLX	A	-0.3%
NOW	A	-0.29%
ALNY	D	-0.29%
ZM	B	-0.29%
BAH	F	-0.29%
NVDA	C	-0.29%
ACGL	D	-0.29%
TTD	B	-0.27%
CASY	A	-0.27%
HLT	A	-0.27%
TYL	B	-0.26%
MANH	D	-0.25%
SSNC	B	-0.25%
AVGO	D	-0.24%
CE	F	-0.23%
NVR	D	-0.23%
TSLA	B	-0.22%
APO	B	-0.22%
TDG	D	-0.22%
CPAY	A	-0.2%
DECK	A	-0.19%
MSTR	C	-0.19%
WSO	A	-0.18%
CSL	C	-0.17%
AAPL	C	-0.17%
IT	C	-0.17%
UBER	D	-0.16%
ROST	C	-0.16%
FTV	C	-0.16%
COIN	C	-0.15%
LLY	F	-0.14%
WLK	D	-0.14%
MPWR	F	-0.11%
PANW	C	-0.1%
MAR	B	-0.1%
CMG	B	-0.09%
WST	C	-0.09%
GOOGL	C	-0.09%
ARES	A	-0.09%
ODFL	B	-0.09%
AMZN	C	-0.09%
MKL	A	-0.09%
RIVN	F	-0.08%
KLAC	D	-0.07%
BLD	D	-0.07%
WSM	B	-0.07%