IUSV vs. JPUS ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

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

$99.68

Average Daily Volume

510,918

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$123.36

Average Daily Volume

6,979

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	JPUS
30 Days	4.84%	4.45%
60 Days	5.13%	3.66%
90 Days	6.82%	5.99%
12 Months	27.94%	28.46%

283 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in JPUS	Overlap
	ABBV	D	0.83%	0.33%	0.33%
	ABT	B	0.88%	0.31%	0.31%
	ACN	B	0.45%	0.32%	0.32%
	ADI	D	0.19%	0.35%	0.19%
	ADM	F	0.11%	0.34%	0.11%
	AEP	D	0.23%	0.31%	0.23%
	AFG	A	0.05%	0.06%	0.05%
	AFL	B	0.24%	0.38%	0.24%
	ALLY	C	0.04%	0.24%	0.04%
	AM	B	0.01%	0.38%	0.01%
	AMGN	D	0.67%	0.35%	0.35%
	AMP	B	0.11%	0.29%	0.11%
	AOS	D	0.01%	0.3%	0.01%
	APH	B	0.17%	0.42%	0.17%
	ASH	F	0.02%	0.19%	0.02%
	ATO	A	0.1%	0.16%	0.1%
	AVB	B	0.14%	0.31%	0.14%
	AVY	D	0.07%	0.26%	0.07%
	AZO	C	0.07%	0.35%	0.07%
	BAC	A	1.36%	0.31%	0.31%
	BBY	D	0.07%	0.24%	0.07%
	BDX	F	0.28%	0.19%	0.19%
	BG	F	0.05%	0.34%	0.05%
	BMY	B	0.51%	0.25%	0.25%
	BRBR	B	0.02%	0.24%	0.02%
	BRK.A	B	3.74%	0.39%	0.39%
	BRX	A	0.02%	0.37%	0.02%
	CACI	D	0.03%	0.14%	0.03%
	CAG	D	0.06%	0.32%	0.06%
	CAH	B	0.13%	0.36%	0.13%
	CARR	C	0.14%	0.09%	0.09%
	CAT	B	0.34%	0.28%	0.28%
	CB	D	0.46%	0.27%	0.27%
	CBOE	B	0.03%	0.25%	0.03%
	CBRE	B	0.17%	0.05%	0.05%
	CCI	D	0.2%	0.16%	0.16%
	CEG	D	0.19%	0.42%	0.19%
	CF	B	0.03%	0.32%	0.03%
	CFG	B	0.09%	0.07%	0.07%
	CHD	B	0.06%	0.34%	0.06%
	CHE	D	0.01%	0.16%	0.01%
	CHTR	C	0.09%	0.4%	0.09%
	CI	D	0.4%	0.35%	0.35%
	CIEN	B	0.03%	0.52%	0.03%
	CL	D	0.2%	0.32%	0.2%
	CLF	F	0.02%	0.18%	0.02%
	CLX	C	0.09%	0.35%	0.09%
	CMCSA	C	0.73%	0.42%	0.42%
	CMI	A	0.22%	0.42%	0.22%
	CMS	C	0.09%	0.28%	0.09%
	CNM	D	0.02%	0.21%	0.02%
	COF	B	0.3%	0.45%	0.3%
	COP	D	0.17%	0.28%	0.17%
	COR	C	0.19%	0.39%	0.19%
	CPB	D	0.04%	0.33%	0.04%
	CPT	B	0.06%	0.17%	0.06%
	CRI	F	0.01%	0.03%	0.01%
	CRUS	F	0.01%	0.1%	0.01%
	CSCO	A	1.0%	0.41%	0.41%
	CSX	B	0.15%	0.13%	0.13%
	CTRA	B	0.03%	0.35%	0.03%
	CTSH	B	0.17%	0.37%	0.17%
	CTVA	B	0.18%	0.3%	0.18%
	CUBE	D	0.02%	0.35%	0.02%
	CVS	D	0.31%	0.36%	0.31%
	CVX	B	1.19%	0.35%	0.35%
	D	C	0.21%	0.34%	0.21%
	DFS	B	0.09%	0.13%	0.09%
	DGX	B	0.08%	0.36%	0.08%
	DHR	D	0.65%	0.27%	0.27%
	DINO	F	0.03%	0.26%	0.03%
	DKS	C	0.02%	0.36%	0.02%
	DLB	B	0.01%	0.06%	0.01%
	DOW	F	0.14%	0.26%	0.14%
	DRI	B	0.04%	0.24%	0.04%
	DTE	C	0.11%	0.3%	0.11%
	DTM	B	0.02%	0.17%	0.02%
	DUK	C	0.38%	0.36%	0.36%
	DVA	B	0.01%	0.37%	0.01%
	DVN	F	0.1%	0.1%	0.1%
	EA	C	0.1%	0.19%	0.1%
	ECL	D	0.13%	0.29%	0.13%
	ED	D	0.15%	0.34%	0.15%
	EG	C	0.07%	0.28%	0.07%
	EGP	D	0.01%	0.06%	0.01%
	EIX	A	0.15%	0.36%	0.15%
	ELV	F	0.4%	0.26%	0.26%
	EMN	D	0.05%	0.32%	0.05%
	EOG	C	0.11%	0.32%	0.11%
	EPR	D	0.01%	0.17%	0.01%
	EQR	B	0.11%	0.2%	0.11%
	ESS	B	0.08%	0.37%	0.08%
	ETN	A	0.24%	0.43%	0.24%
	ETR	B	0.14%	0.46%	0.14%
	EVRG	A	0.06%	0.34%	0.06%
	EXC	D	0.17%	0.31%	0.17%
	F	C	0.18%	0.19%	0.18%
	FAST	B	0.1%	0.39%	0.1%
	FBIN	D	0.02%	0.12%	0.02%
	FCX	F	0.14%	0.25%	0.14%
	FE	D	0.09%	0.34%	0.09%
	FITB	B	0.14%	0.31%	0.14%
	FLO	C	0.02%	0.21%	0.02%
	FNF	B	0.07%	0.35%	0.07%
	FR	C	0.02%	0.16%	0.02%
	FRT	A	0.04%	0.09%	0.04%
	FYBR	D	0.03%	0.37%	0.03%
	GAP	C	0.02%	0.2%	0.02%
	GD	F	0.31%	0.36%	0.31%
	GEHC	F	0.16%	0.22%	0.16%
	GEN	A	0.07%	0.07%	0.07%
	GILD	B	0.48%	0.35%	0.35%
	GIS	D	0.15%	0.33%	0.15%
	GLPI	B	0.03%	0.34%	0.03%
	GNTX	C	0.01%	0.28%	0.01%
	GRMN	A	0.06%	0.43%	0.06%
	GWW	A	0.06%	0.43%	0.06%
	HBAN	B	0.11%	0.33%	0.11%
	HCA	F	0.14%	0.34%	0.14%
	HIG	B	0.15%	0.39%	0.15%
	HOG	F	0.02%	0.03%	0.02%
	HOLX	D	0.08%	0.28%	0.08%
	HPE	B	0.12%	0.3%	0.12%
	HRL	D	0.04%	0.35%	0.04%
	HST	C	0.02%	0.4%	0.02%
	HSY	F	0.07%	0.26%	0.07%
	HUBB	B	0.06%	0.35%	0.06%
	IBM	C	0.89%	0.3%	0.3%
	IDA	B	0.02%	0.02%	0.02%
	IFF	D	0.1%	0.21%	0.1%
	INGR	B	0.03%	0.42%	0.03%
	IP	B	0.09%	0.46%	0.09%
	IPG	C	0.05%	0.15%	0.05%
	IRDM	C	0.01%	0.06%	0.01%
	IRM	C	0.07%	0.39%	0.07%
	ITW	A	0.17%	0.34%	0.17%
	JEF	A	0.05%	0.3%	0.05%
	JLL	B	0.05%	0.41%	0.05%
	JNPR	F	0.05%	0.38%	0.05%
	K	A	0.09%	0.38%	0.09%
	KDP	D	0.16%	0.26%	0.16%
	KEY	A	0.08%	0.06%	0.06%
	KHC	D	0.12%	0.34%	0.12%
	KIM	A	0.07%	0.33%	0.07%
	KMB	C	0.2%	0.34%	0.2%
	KMI	B	0.24%	0.48%	0.24%
	KO	D	0.65%	0.33%	0.33%
	KR	A	0.17%	0.43%	0.17%
	KRC	C	0.02%	0.16%	0.02%
	KVUE	A	0.2%	0.39%	0.2%
	LAMR	C	0.02%	0.39%	0.02%
	LDOS	D	0.1%	0.22%	0.1%
	LEN	C	0.08%	0.36%	0.08%
	LH	B	0.09%	0.28%	0.09%
	LIN	D	0.45%	0.28%	0.28%
	LMT	D	0.5%	0.36%	0.36%
	LOW	C	0.65%	0.37%	0.37%
	LPX	B	0.01%	0.08%	0.01%
	LSTR	B	0.01%	0.04%	0.01%
	LYB	F	0.09%	0.31%	0.09%
	M	D	0.02%	0.18%	0.02%
	MAA	B	0.08%	0.21%	0.08%
	MAS	C	0.03%	0.3%	0.03%
	MCK	C	0.35%	0.46%	0.35%
	MDLZ	F	0.22%	0.33%	0.22%
	MDT	D	0.47%	0.23%	0.23%
	MMC	A	0.23%	0.05%	0.05%
	MNST	B	0.07%	0.03%	0.03%
	MO	A	0.41%	0.39%	0.39%
	MOH	F	0.03%	0.14%	0.03%
	MOS	F	0.04%	0.17%	0.04%
	MPC	F	0.1%	0.36%	0.1%
	MRK	F	0.66%	0.26%	0.26%
	MRO	B	0.03%	0.37%	0.03%
	MSI	C	0.15%	0.43%	0.15%
	MSM	C	0.01%	0.25%	0.01%
	MTG	B	0.02%	0.35%	0.02%
	NEM	F	0.21%	0.18%	0.18%
	NFG	B	0.03%	0.3%	0.03%
	NI	A	0.07%	0.41%	0.07%
	NKE	F	0.22%	0.06%	0.06%
	NNN	D	0.02%	0.16%	0.02%
	NRG	C	0.09%	0.46%	0.09%
	NSA	C	0.01%	0.05%	0.01%
	NTAP	C	0.07%	0.31%	0.07%
	NUE	D	0.06%	0.3%	0.06%
	NXST	C	0.02%	0.36%	0.02%
	OGE	A	0.04%	0.36%	0.04%
	OHI	D	0.03%	0.38%	0.03%
	OLN	F	0.01%	0.26%	0.01%
	ORI	A	0.04%	0.3%	0.04%
	ORLY	B	0.08%	0.37%	0.08%
	OXY	F	0.15%	0.1%	0.1%
	PAG	B	0.01%	0.34%	0.01%
	PCAR	B	0.07%	0.06%	0.06%
	PEG	A	0.2%	0.41%	0.2%
	PEP	F	0.61%	0.34%	0.34%
	PFG	C	0.08%	0.1%	0.08%
	PFGC	A	0.06%	0.46%	0.06%
	PG	A	1.07%	0.36%	0.36%
	PGR	A	0.33%	0.39%	0.33%
	PH	A	0.09%	0.39%	0.09%
	PKG	B	0.09%	0.3%	0.09%
	PLD	D	0.46%	0.01%	0.01%
	PM	B	0.56%	0.39%	0.39%
	PNW	B	0.05%	0.39%	0.05%
	POST	B	0.02%	0.35%	0.02%
	PPC	C	0.01%	0.21%	0.01%
	PPL	B	0.11%	0.39%	0.11%
	PRU	A	0.19%	0.1%	0.1%
	PSA	C	0.13%	0.34%	0.13%
	PSX	C	0.24%	0.35%	0.24%
	PWR	A	0.07%	0.46%	0.07%
	QCOM	F	0.36%	0.3%	0.3%
	R	B	0.03%	0.18%	0.03%
	REG	B	0.05%	0.38%	0.05%
	REGN	F	0.14%	0.26%	0.14%
	RF	B	0.11%	0.09%	0.09%
	RGA	A	0.07%	0.17%	0.07%
	RGLD	D	0.02%	0.08%	0.02%
	RMD	C	0.16%	0.07%	0.07%
	RPM	A	0.04%	0.28%	0.04%
	RSG	A	0.08%	0.4%	0.08%
	RVTY	D	0.06%	0.23%	0.06%
	SAIC	F	0.02%	0.08%	0.02%
	SAM	C	0.01%	0.24%	0.01%
	SCI	A	0.03%	0.18%	0.03%
	SJM	D	0.05%	0.21%	0.05%
	SLM	B	0.01%	0.11%	0.01%
	SMG	C	0.01%	0.1%	0.01%
	SNX	C	0.04%	0.24%	0.04%
	SO	D	0.42%	0.37%	0.37%
	SON	D	0.02%	0.01%	0.01%
	SPG	C	0.15%	0.41%	0.15%
	SRE	A	0.26%	0.37%	0.26%
	STAG	D	0.01%	0.23%	0.01%
	STE	F	0.04%	0.25%	0.04%
	STLD	B	0.03%	0.38%	0.03%
	STT	A	0.12%	0.13%	0.12%
	STWD	C	0.03%	0.18%	0.03%
	STZ	D	0.16%	0.31%	0.16%
	SWKS	F	0.06%	0.14%	0.06%
	SYF	A	0.11%	0.52%	0.11%
	SYK	C	0.21%	0.28%	0.21%
	SYY	C	0.16%	0.36%	0.16%
	T	A	0.71%	0.4%	0.4%
	TAP	C	0.05%	0.43%	0.05%
	TGT	F	0.24%	0.24%	0.24%
	THC	D	0.06%	0.4%	0.06%
	TJX	A	0.2%	0.34%	0.2%
	TKR	D	0.01%	0.19%	0.01%
	TMO	F	0.53%	0.15%	0.15%
	TMUS	A	0.5%	0.47%	0.47%
	TNL	A	0.01%	0.07%	0.01%
	TSCO	C	0.07%	0.34%	0.07%
	TSN	B	0.08%	0.37%	0.08%
	UGI	A	0.02%	0.31%	0.02%
	UHS	D	0.05%	0.33%	0.05%
	UNH	B	1.48%	0.34%	0.34%
	UNM	A	0.05%	0.51%	0.05%
	UNP	C	0.35%	0.27%	0.27%
	USB	A	0.35%	0.11%	0.11%
	USFD	A	0.07%	0.44%	0.07%
	UTHR	C	0.04%	0.42%	0.04%
	VICI	C	0.15%	0.33%	0.15%
	VLO	C	0.2%	0.4%	0.2%
	VLTO	C	0.11%	0.04%	0.04%
	VRTX	D	0.18%	0.37%	0.18%
	VTR	D	0.12%	0.25%	0.12%
	VTRS	B	0.07%	0.23%	0.07%
	VZ	B	0.77%	0.38%	0.38%
	WEC	A	0.14%	0.34%	0.14%
	WELL	C	0.35%	0.4%	0.35%
	WM	A	0.19%	0.41%	0.19%
	WMB	B	0.19%	0.41%	0.19%
	WPC	D	0.05%	0.21%	0.05%
	WRB	A	0.08%	0.12%	0.08%
	WU	D	0.01%	0.11%	0.01%
	WY	D	0.1%	0.31%	0.1%
	X	C	0.04%	0.33%	0.04%
	XEL	A	0.17%	0.36%	0.17%
	XOM	C	2.34%	0.41%	0.41%
	ZTS	D	0.16%	0.27%	0.16%

IUSV Overweight 444 Positions Relative to JPUS

	Symbol	Grade	Weight
	JPM	B	3.01%
	WMT	B	1.66%
	JNJ	D	1.62%
	HD	A	1.11%
	WFC	A	1.1%
	COST	B	1.06%
	DIS	B	0.9%
	GS	B	0.81%
	V	A	0.76%
	MS	B	0.73%
	NEE	D	0.69%
	RTX	D	0.69%
	HON	B	0.64%
	PFE	D	0.62%
	BLK	C	0.62%
	C	A	0.57%
	SCHW	A	0.52%
	MA	B	0.51%
	MCD	D	0.5%
	MU	D	0.49%
	TXN	D	0.49%
	GE	D	0.48%
	INTC	C	0.45%
	UPS	C	0.42%
	SPGI	C	0.4%
	ICE	D	0.39%
	PYPL	A	0.38%
	PNC	A	0.35%
	ADP	B	0.33%
	APD	A	0.32%
	EMR	A	0.32%
	NOC	D	0.3%
	MMM	D	0.3%
	ISRG	C	0.29%
	FDX	B	0.29%
	SLB	C	0.27%
	GM	B	0.27%
	TFC	B	0.27%
	TRV	B	0.26%
	NSC	A	0.26%
	FI	A	0.26%
	BSX	C	0.26%
	BK	A	0.25%
	BA	D	0.25%
	AMT	D	0.24%
	JCI	C	0.24%
	CME	A	0.23%
	GEV	C	0.23%
	ALL	B	0.23%
	O	D	0.22%
	MET	A	0.22%
	DE	B	0.21%
	AIG	B	0.21%
	AXP	A	0.21%
	PCG	B	0.2%
	EQIX	A	0.2%
	SBUX	B	0.2%
	LHX	C	0.2%
	FIS	D	0.2%
	SHW	A	0.19%
	BKR	C	0.19%
	AON	A	0.18%
	A	D	0.17%
	BX	B	0.17%
	MCO	A	0.17%
	MTB	B	0.16%
	GLW	B	0.16%
	HPQ	B	0.16%
	ROP	B	0.15%
	CTAS	B	0.15%
	DLR	A	0.15%
	DD	D	0.15%
	WAB	B	0.15%
	EXR	C	0.15%
	HUM	C	0.15%
	CNC	F	0.14%
	WTW	B	0.14%
	AJG	A	0.14%
	ADSK	B	0.14%
	NDAQ	A	0.14%
	TT	B	0.13%
	ABNB	C	0.13%
	KEYS	B	0.13%
	GPN	C	0.13%
	EBAY	C	0.13%
	XYL	D	0.13%
	RJF	A	0.13%
	UAL	B	0.13%
	EW	C	0.12%
	AWK	D	0.12%
	PAYX	B	0.12%
	TEL	B	0.12%
	DOV	A	0.12%
	EQT	B	0.12%
	SW	B	0.12%
	HAL	C	0.12%
	PPG	D	0.12%
	CINF	A	0.11%
	OTIS	C	0.11%
	AEE	A	0.11%
	OKE	C	0.11%
	TROW	A	0.11%
	NTRS	A	0.1%
	ZBH	C	0.1%
	ES	D	0.1%
	TDY	B	0.1%
	WBD	C	0.1%
	BIIB	F	0.1%
	AME	A	0.1%
	MKC	D	0.09%
	MSCI	C	0.09%
	OMC	C	0.09%
	HWM	B	0.09%
	ZBRA	A	0.09%
	YUM	B	0.09%
	CNP	A	0.09%
	EXE	B	0.09%
	IQV	F	0.09%
	WDC	C	0.09%
	ILMN	C	0.09%
	TRMB	B	0.08%
	CSGP	C	0.08%
	DAL	B	0.08%
	VRSK	A	0.08%
	BALL	D	0.08%
	DELL	C	0.08%
	LUV	B	0.08%
	EFX	D	0.08%
	INVH	D	0.08%
	FSLR	F	0.08%
	AMCR	D	0.07%
	IDXX	F	0.07%
	DOC	C	0.07%
	TTWO	B	0.07%
	L	B	0.07%
	EL	F	0.07%
	MTD	F	0.07%
	TXT	D	0.07%
	DG	F	0.07%
	LNT	A	0.07%
	COHR	C	0.07%
	DOCU	A	0.07%
	ARE	D	0.07%
	ON	C	0.07%
	ROK	B	0.07%
	BAX	F	0.07%
	J	F	0.07%
	TER	F	0.07%
	GPC	D	0.07%
	IEX	B	0.07%
	CHRW	C	0.06%
	ALB	C	0.06%
	TPR	A	0.06%
	MRNA	F	0.06%
	ANSS	B	0.06%
	VMC	B	0.06%
	DLTR	D	0.06%
	UDR	B	0.06%
	SWK	D	0.06%
	WAT	B	0.06%
	CDW	F	0.06%
	NDSN	B	0.06%
	SBAC	D	0.06%
	NXPI	D	0.06%
	APTV	F	0.06%
	FFIV	A	0.06%
	JBHT	C	0.06%
	MCHP	F	0.06%
	CNH	A	0.05%
	FOXA	C	0.05%
	SNA	A	0.05%
	WBS	B	0.05%
	EXPD	C	0.05%
	ARMK	A	0.05%
	GME	C	0.05%
	FHN	B	0.05%
	CTLT	B	0.05%
	TECH	C	0.05%
	NWSA	B	0.05%
	INCY	C	0.05%
	BR	A	0.05%
	PODD	B	0.05%
	COO	D	0.05%
	RRX	A	0.05%
	AIZ	B	0.05%
	SF	B	0.05%
	DXCM	C	0.05%
	BXP	D	0.05%
	AA	A	0.05%
	MLM	B	0.05%
	BJ	B	0.05%
	STX	D	0.05%
	JKHY	D	0.05%
	KMX	B	0.05%
	IVZ	B	0.04%
	SNV	B	0.04%
	ACM	A	0.04%
	MTCH	F	0.04%
	HAS	D	0.04%
	SSB	B	0.04%
	EPAM	C	0.04%
	IBKR	B	0.04%
	SFM	B	0.04%
	ZION	B	0.04%
	GPK	C	0.04%
	MTZ	B	0.04%
	WTFC	B	0.04%
	TFX	F	0.04%
	KNX	B	0.04%
	HSIC	B	0.04%
	WCC	B	0.04%
	DPZ	C	0.04%
	XPO	B	0.04%
	PTC	A	0.04%
	AES	F	0.04%
	AAL	B	0.04%
	FLR	B	0.04%
	TPL	B	0.04%
	IR	A	0.04%
	GMED	A	0.04%
	AR	B	0.04%
	SOLV	C	0.04%
	GL	C	0.04%
	FDS	B	0.04%
	NLY	B	0.04%
	MKTX	D	0.04%
	LKQ	D	0.04%
	CRL	C	0.04%
	LAD	B	0.04%
	BRO	B	0.03%
	FOX	B	0.03%
	CG	B	0.03%
	THO	B	0.03%
	HOMB	B	0.03%
	WBA	D	0.03%
	KRG	B	0.03%
	THG	C	0.03%
	LITE	B	0.03%
	AGCO	D	0.03%
	POOL	C	0.03%
	WHR	B	0.03%
	ESNT	D	0.03%
	RNR	C	0.03%
	FNB	B	0.03%
	BIO	D	0.03%
	ARW	D	0.03%
	PAYC	A	0.03%
	QRVO	F	0.03%
	HR	B	0.03%
	DAR	C	0.03%
	GBCI	B	0.03%
	COLB	B	0.03%
	NOV	C	0.03%
	PARA	C	0.03%
	BEN	C	0.03%
	JBL	C	0.03%
	LVS	C	0.03%
	VNO	B	0.03%
	EWBC	B	0.03%
	ONB	B	0.03%
	BURL	B	0.03%
	FAF	B	0.03%
	VMI	A	0.03%
	CMC	B	0.03%
	OSK	B	0.03%
	TMHC	A	0.03%
	MHK	D	0.03%
	FMC	D	0.03%
	ALGN	D	0.03%
	CCL	B	0.03%
	AKAM	F	0.03%
	G	B	0.03%
	ALLE	D	0.03%
	BWA	C	0.03%
	KD	B	0.03%
	HII	F	0.03%
	ADC	B	0.03%
	ROL	B	0.03%
	PB	B	0.03%
	AVTR	F	0.03%
	VRSN	F	0.03%
	BERY	B	0.03%
	PII	F	0.02%
	MAT	D	0.02%
	NVST	C	0.02%
	PRGO	C	0.02%
	NWS	B	0.02%
	ALE	A	0.02%
	RL	B	0.02%
	MIDD	B	0.02%
	GATX	A	0.02%
	LW	C	0.02%
	CGNX	C	0.02%
	ASGN	D	0.02%
	XRAY	F	0.02%
	DCI	A	0.02%
	MKSI	C	0.02%
	SEIC	A	0.02%
	TCBI	B	0.02%
	CNO	A	0.02%
	SR	A	0.02%
	ORA	B	0.02%
	FLS	A	0.02%
	ASB	B	0.02%
	KBR	F	0.02%
	GNRC	B	0.02%
	KEX	B	0.02%
	TXNM	A	0.02%
	SBRA	B	0.02%
	ERIE	D	0.02%
	KMPR	B	0.02%
	SLGN	A	0.02%
	AN	B	0.02%
	TTC	D	0.02%
	OGS	A	0.02%
	BKH	B	0.02%
	JAZZ	B	0.02%
	ATR	B	0.02%
	HQY	B	0.02%
	AVNT	B	0.02%
	ST	F	0.02%
	SWX	B	0.02%
	ELS	C	0.02%
	CUZ	B	0.02%
	AVT	C	0.02%
	AMH	C	0.02%
	IRT	B	0.02%
	VLY	B	0.02%
	AYI	B	0.02%
	WAL	B	0.02%
	CW	B	0.02%
	VOYA	B	0.02%
	CBSH	B	0.02%
	POR	C	0.02%
	BDC	B	0.02%
	NJR	A	0.02%
	WTRG	B	0.02%
	CFR	B	0.02%
	TKO	B	0.02%
	BMRN	F	0.02%
	UBSI	B	0.02%
	ENPH	F	0.02%
	ULTA	F	0.02%
	EHC	B	0.02%
	PNR	B	0.02%
	PNFP	B	0.02%
	LEA	F	0.02%
	AMG	B	0.02%
	REXR	F	0.02%
	UMBF	B	0.02%
	PVH	C	0.02%
	JHG	A	0.02%
	DAY	A	0.02%
	CCK	D	0.02%
	CPRI	F	0.01%
	IPGP	D	0.01%
	YETI	C	0.01%
	MMS	F	0.01%
	PSN	D	0.01%
	NSP	F	0.01%
	VC	D	0.01%
	BLKB	B	0.01%
	WEN	D	0.01%
	COLM	A	0.01%
	TEX	D	0.01%
	KNF	B	0.01%
	AMED	F	0.01%
	HAE	B	0.01%
	SYNA	C	0.01%
	UAA	C	0.01%
	LIVN	F	0.01%
	GEF	B	0.01%
	VSH	F	0.01%
	POWI	D	0.01%
	OPCH	F	0.01%
	LFUS	D	0.01%
	CHH	A	0.01%
	CNXC	F	0.01%
	CADE	B	0.01%
	LANC	C	0.01%
	ROIV	B	0.01%
	CBT	C	0.01%
	VNOM	B	0.01%
	CHX	C	0.01%
	EQH	B	0.01%
	SRPT	F	0.01%
	ZI	C	0.01%
	EEFT	B	0.01%
	ALGM	D	0.01%
	CDP	C	0.01%
	JWN	A	0.01%
	BC	C	0.01%
	ENS	D	0.01%
	IBOC	B	0.01%
	ALTM	C	0.01%
	EXPO	D	0.01%
	MTN	C	0.01%
	HWC	B	0.01%
	NOVT	D	0.01%
	BRKR	F	0.01%
	RYN	C	0.01%
	HXL	D	0.01%
	ENOV	C	0.01%
	OZK	B	0.01%
	RLI	A	0.01%
	GXO	B	0.01%
	GT	C	0.01%
	SIGI	B	0.01%
	WH	A	0.01%
	MUR	F	0.01%
	KBH	C	0.01%
	MGM	F	0.01%
	NEOG	C	0.01%
	MASI	A	0.01%
	CHWY	C	0.01%
	MTSI	B	0.01%
	ALV	C	0.01%
	MAN	D	0.01%
	RH	B	0.01%
	DOCS	C	0.01%
	CXT	B	0.01%
	AMKR	F	0.01%
	PCH	C	0.01%
	CYTK	F	0.01%
	VAC	B	0.01%
	CC	C	0.01%
	AMTM	D	0.01%
	CVLT	B	0.01%
	GHC	B	0.01%
	FFIN	B	0.01%
	PBF	D	0.01%
	EXLS	A	0.01%
	FLG	C	0.01%
	AZPN	A	0.01%
	BHF	B	0.01%
	EVR	B	0.01%
	CZR	D	0.01%
	FHI	A	0.01%
	NWE	A	0.01%
	MAGN	F	0.0%
	AZTA	D	0.0%
	WMG	C	0.0%
	UA	C	0.0%
	HGV	B	0.0%

IUSV Underweight 72 Positions Relative to JPUS

	Symbol	Grade	Weight
	VST	B	-0.64%
	TRGP	B	-0.5%
	ANET	C	-0.47%
	NVDA	C	-0.45%
	FCNCA	B	-0.43%
	ALSN	B	-0.42%
	TOL	A	-0.42%
	META	D	-0.42%
	ORCL	C	-0.41%
	CLH	B	-0.41%
	CASY	B	-0.41%
	FANG	F	-0.39%
	PHM	C	-0.38%
	AVGO	D	-0.38%
	RS	B	-0.38%
	NVR	D	-0.38%
	HRB	D	-0.36%
	INTU	C	-0.36%
	AAPL	B	-0.36%
	SCCO	F	-0.36%
	MSFT	D	-0.35%
	LNG	B	-0.34%
	BLDR	C	-0.34%
	OC	B	-0.34%
	CDNS	B	-0.33%
	LLY	F	-0.33%
	DHI	D	-0.33%
	BAH	F	-0.32%
	WLK	D	-0.32%
	KLAC	F	-0.32%
	IT	C	-0.32%
	ACI	C	-0.31%
	AMAT	F	-0.31%
	ACGL	D	-0.31%
	WSM	B	-0.31%
	ESI	B	-0.3%
	SPB	C	-0.27%
	WST	C	-0.27%
	LRCX	F	-0.26%
	ITT	A	-0.24%
	PK	B	-0.24%
	DOX	D	-0.24%
	PR	C	-0.23%
	ROST	C	-0.23%
	APO	A	-0.23%
	OMF	A	-0.22%
	EXP	B	-0.21%
	COKE	C	-0.21%
	BPOP	B	-0.21%
	CE	F	-0.2%
	MEDP	F	-0.19%
	BKNG	B	-0.18%
	NEU	C	-0.18%
	CSL	B	-0.17%
	UI	A	-0.17%
	RHI	C	-0.17%
	HUN	F	-0.16%
	HIW	D	-0.15%
	VIRT	B	-0.12%
	VVV	F	-0.11%
	GOOGL	C	-0.11%
	LOPE	B	-0.09%
	RBC	B	-0.07%
	AGO	A	-0.05%
	ADBE	C	-0.05%
	CWEN	C	-0.05%
	RRC	B	-0.05%
	SSNC	A	-0.04%
	FTRE	C	-0.03%
	LEG	D	-0.02%
	KSS	F	-0.01%
	ROKU	D	-0.0%

IUSV: Top Represented Industries & Keywords

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

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

JPUS: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Oil & Gas E&P Specialty Chemicals Banks - Regional - US Information Technology Services REIT - Industrial REIT - Retail Communication Equipment Credit Services Diagnostics & Research Drug Manufacturers - Major Household & Personal Products REIT - Diversified Semiconductors Specialty Retail Utilities - Diversified Beverages - Soft Drinks Building Materials Chemicals

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Real Estate Investment Trust Insurance Electronics Chemical Mining Dow Jones Component Medicine Bank Real Estate Market Telecommunications Banking Computing Petroleum Industry Plastic Alcohol Broadband