IUSV vs. QWLD ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to SPDR MSCI World Quality Mix ETF (QWLD)

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

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	QWLD
30 Days	3.05%	0.82%
60 Days	4.28%	0.23%
90 Days	6.30%	0.87%
12 Months	27.24%	22.65%

448 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in QWLD	Overlap
A	D	0.17%	0.06%	0.06%
ABBV	D	0.83%	0.34%	0.34%
ABBV	D	0.83%	0.16%	0.16%
ABNB	C	0.13%	0.01%	0.01%
ABT	B	0.87%	0.09%	0.09%
ACM	A	0.03%	0.01%	0.01%
ACN	C	0.46%	0.65%	0.46%
ADI	D	0.19%	0.04%	0.04%
ADM	D	0.11%	0.05%	0.05%
ADP	B	0.33%	0.26%	0.26%
ADSK	A	0.14%	0.1%	0.1%
AEE	A	0.1%	0.09%	0.09%
AEP	D	0.22%	0.07%	0.07%
AES	F	0.04%	0.01%	0.01%
AFG	A	0.05%	0.02%	0.02%
AFL	B	0.24%	0.12%	0.12%
AGCO	D	0.02%	0.01%	0.01%
AIG	B	0.21%	0.07%	0.07%
AIZ	A	0.05%	0.08%	0.05%
AJG	B	0.14%	0.19%	0.14%
AKAM	D	0.03%	0.11%	0.03%
ALB	C	0.05%	0.01%	0.01%
ALGN	D	0.03%	0.0%	0.0%
ALL	A	0.23%	0.08%	0.08%
ALLE	D	0.03%	0.02%	0.02%
ALLY	C	0.04%	0.02%	0.02%
AMCR	D	0.06%	0.08%	0.06%
AME	A	0.1%	0.01%	0.01%
AMGN	D	0.7%	0.16%	0.16%
AMH	D	0.02%	0.0%	0.0%
AMP	A	0.11%	0.09%	0.09%
AMT	D	0.23%	0.02%	0.02%
ANSS	B	0.06%	0.0%	0.0%
AON	A	0.17%	0.17%	0.17%
AOS	F	0.01%	0.02%	0.01%
APD	A	0.31%	0.03%	0.03%
APH	A	0.17%	0.43%	0.17%
APTV	D	0.06%	0.01%	0.01%
ARE	D	0.07%	0.01%	0.01%
ATO	A	0.1%	0.01%	0.01%
AVB	B	0.14%	0.01%	0.01%
AVTR	F	0.04%	0.01%	0.01%
AVY	D	0.07%	0.03%	0.03%
AWK	D	0.11%	0.01%	0.01%
AXP	A	0.21%	0.06%	0.06%
AZO	C	0.07%	0.28%	0.07%
BA	F	0.25%	0.01%	0.01%
BAC	A	1.35%	0.39%	0.39%
BALL	D	0.08%	0.01%	0.01%
BAX	D	0.07%	0.01%	0.01%
BBY	D	0.08%	0.06%	0.06%
BDX	F	0.29%	0.07%	0.07%
BEN	C	0.03%	0.01%	0.01%
BG	F	0.05%	0.03%	0.03%
BIIB	F	0.11%	0.01%	0.01%
BIO	D	0.03%	0.0%	0.0%
BK	A	0.25%	0.05%	0.05%
BKR	B	0.19%	0.02%	0.02%
BLK	C	0.64%	0.25%	0.25%
BMRN	D	0.02%	0.07%	0.02%
BMY	B	0.52%	0.21%	0.21%
BR	A	0.05%	0.04%	0.04%
BRK.A	B	3.74%	0.73%	0.73%
BRO	B	0.03%	0.14%	0.03%
BSX	B	0.25%	0.02%	0.02%
BURL	A	0.03%	0.01%	0.01%
BX	A	0.16%	0.03%	0.03%
BXP	D	0.05%	0.01%	0.01%
C	A	0.57%	0.25%	0.25%
CAG	D	0.06%	0.04%	0.04%
CAH	B	0.13%	0.13%	0.13%
CARR	D	0.14%	0.02%	0.02%
CAT	B	0.34%	0.36%	0.34%
CB	C	0.47%	0.4%	0.4%
CBOE	B	0.03%	0.24%	0.03%
CBRE	B	0.17%	0.03%	0.03%
CCI	D	0.2%	0.01%	0.01%
CCK	C	0.02%	0.01%	0.01%
CCL	B	0.03%	0.01%	0.01%
CDW	F	0.06%	0.07%	0.06%
CEG	D	0.17%	0.02%	0.02%
CF	B	0.03%	0.13%	0.03%
CFG	B	0.09%	0.04%	0.04%
CG	A	0.02%	0.01%	0.01%
CHD	B	0.06%	0.19%	0.06%
CHRW	C	0.06%	0.01%	0.01%
CHTR	C	0.09%	0.05%	0.05%
CI	F	0.4%	0.18%	0.18%
CINF	A	0.1%	0.02%	0.02%
CL	D	0.2%	0.2%	0.2%
CLX	B	0.09%	0.01%	0.01%
CMCSA	B	0.73%	0.17%	0.17%
CME	A	0.22%	0.16%	0.16%
CMI	A	0.22%	0.1%	0.1%
CMS	C	0.09%	0.05%	0.05%
CNC	D	0.13%	0.05%	0.05%
CNH	C	0.04%	0.01%	0.01%
CNP	B	0.09%	0.01%	0.01%
COF	B	0.31%	0.1%	0.1%
COP	C	0.18%	0.1%	0.1%
COR	B	0.19%	0.41%	0.19%
COST	B	1.04%	0.76%	0.76%
CPB	D	0.04%	0.09%	0.04%
CPT	B	0.06%	0.01%	0.01%
CRL	C	0.04%	0.0%	0.0%
CSCO	B	1.02%	1.03%	1.02%
CSGP	D	0.08%	0.0%	0.0%
CSX	B	0.15%	0.11%	0.11%
CTAS	B	0.15%	0.14%	0.14%
CTLT	B	0.05%	0.01%	0.01%
CTRA	B	0.03%	0.02%	0.02%
CTSH	B	0.17%	0.2%	0.17%
CTVA	C	0.17%	0.04%	0.04%
CVS	D	0.3%	0.16%	0.16%
CVX	A	1.2%	0.33%	0.33%
D	C	0.21%	0.06%	0.06%
DAL	C	0.08%	0.01%	0.01%
DAY	B	0.02%	0.0%	0.0%
DD	D	0.15%	0.02%	0.02%
DE	A	0.19%	0.06%	0.06%
DELL	C	0.08%	0.01%	0.01%
DFS	B	0.09%	0.04%	0.04%
DG	F	0.07%	0.01%	0.01%
DGX	A	0.08%	0.11%	0.08%
DHR	F	0.67%	0.05%	0.05%
DINO	D	0.03%	0.05%	0.03%
DIS	B	0.87%	0.1%	0.1%
DKS	C	0.02%	0.02%	0.02%
DLR	B	0.14%	0.02%	0.02%
DLTR	F	0.06%	0.01%	0.01%
DOC	D	0.07%	0.01%	0.01%
DOCU	A	0.07%	0.0%	0.0%
DOV	A	0.12%	0.05%	0.05%
DOW	F	0.14%	0.03%	0.03%
DPZ	C	0.04%	0.06%	0.04%
DRI	B	0.04%	0.03%	0.03%
DTE	C	0.11%	0.02%	0.02%
DUK	C	0.37%	0.36%	0.36%
DVA	B	0.01%	0.01%	0.01%
DVN	F	0.11%	0.03%	0.03%
DXCM	D	0.05%	0.0%	0.0%
EA	A	0.1%	0.2%	0.1%
EBAY	D	0.13%	0.01%	0.01%
ECL	D	0.13%	0.01%	0.01%
ED	D	0.14%	0.35%	0.14%
EFX	F	0.09%	0.01%	0.01%
EG	C	0.07%	0.06%	0.06%
EIX	B	0.14%	0.03%	0.03%
EL	F	0.07%	0.01%	0.01%
ELS	C	0.02%	0.0%	0.0%
ELV	F	0.41%	0.21%	0.21%
EMN	D	0.05%	0.01%	0.01%
EMR	A	0.32%	0.03%	0.03%
ENPH	F	0.02%	0.01%	0.01%
EOG	A	0.11%	0.06%	0.06%
EPAM	C	0.04%	0.02%	0.02%
EQH	B	0.01%	0.01%	0.01%
EQIX	A	0.2%	0.02%	0.02%
EQR	B	0.11%	0.01%	0.01%
EQT	B	0.11%	0.02%	0.02%
ERIE	D	0.02%	0.12%	0.02%
ES	D	0.1%	0.01%	0.01%
ESS	B	0.08%	0.01%	0.01%
ETN	A	0.24%	0.03%	0.03%
ETR	B	0.14%	0.03%	0.03%
EVRG	A	0.06%	0.01%	0.01%
EW	C	0.11%	0.07%	0.07%
EXC	C	0.17%	0.03%	0.03%
EXPD	D	0.05%	0.04%	0.04%
EXR	D	0.15%	0.01%	0.01%
F	C	0.19%	0.09%	0.09%
FAST	B	0.1%	0.09%	0.09%
FBIN	D	0.02%	0.0%	0.0%
FCX	D	0.14%	0.02%	0.02%
FDS	B	0.04%	0.03%	0.03%
FDX	B	0.29%	0.07%	0.07%
FE	C	0.09%	0.01%	0.01%
FFIV	B	0.06%	0.16%	0.06%
FI	A	0.26%	0.09%	0.09%
FIS	C	0.21%	0.02%	0.02%
FITB	A	0.14%	0.03%	0.03%
FNF	B	0.07%	0.01%	0.01%
FOX	A	0.03%	0.01%	0.01%
FOXA	B	0.05%	0.01%	0.01%
FSLR	F	0.09%	0.01%	0.01%
GD	F	0.33%	0.18%	0.18%
GE	D	0.48%	0.31%	0.31%
GEHC	F	0.17%	0.02%	0.02%
GEN	B	0.07%	0.12%	0.07%
GEV	B	0.22%	0.02%	0.02%
GILD	C	0.5%	0.24%	0.24%
GIS	D	0.16%	0.33%	0.16%
GLPI	C	0.03%	0.01%	0.01%
GLW	B	0.16%	0.02%	0.02%
GM	B	0.28%	0.19%	0.19%
GPC	D	0.08%	0.05%	0.05%
GPN	B	0.13%	0.02%	0.02%
GRMN	B	0.07%	0.05%	0.05%
GS	A	0.81%	0.17%	0.17%
GWW	B	0.06%	0.11%	0.06%
HAL	C	0.12%	0.02%	0.02%
HBAN	A	0.11%	0.03%	0.03%
HCA	F	0.15%	0.04%	0.04%
HD	A	1.11%	0.15%	0.15%
HIG	B	0.15%	0.03%	0.03%
HII	D	0.03%	0.01%	0.01%
HOLX	D	0.08%	0.01%	0.01%
HON	B	0.66%	0.26%	0.26%
HPE	B	0.12%	0.04%	0.04%
HPQ	B	0.16%	0.04%	0.04%
HRL	D	0.04%	0.09%	0.04%
HSIC	B	0.04%	0.01%	0.01%
HST	C	0.02%	0.01%	0.01%
HSY	F	0.07%	0.16%	0.07%
HUBB	B	0.06%	0.04%	0.04%
HUM	C	0.15%	0.15%	0.15%
HWM	A	0.09%	0.01%	0.01%
IBM	C	0.84%	0.46%	0.46%
ICE	C	0.39%	0.03%	0.03%
IDXX	F	0.07%	0.07%	0.07%
IEX	B	0.08%	0.03%	0.03%
IFF	D	0.1%	0.01%	0.01%
ILMN	D	0.1%	0.0%	0.0%
INCY	C	0.05%	0.15%	0.05%
INTC	D	0.47%	0.1%	0.1%
INVH	D	0.08%	0.01%	0.01%
IP	B	0.09%	0.02%	0.02%
IPG	D	0.05%	0.02%	0.02%
IQV	D	0.09%	0.01%	0.01%
IR	B	0.04%	0.01%	0.01%
IRM	D	0.07%	0.01%	0.01%
ISRG	A	0.28%	0.25%	0.25%
ITW	B	0.17%	0.13%	0.13%
J	F	0.08%	0.01%	0.01%
JBHT	C	0.06%	0.03%	0.03%
JBL	B	0.03%	0.02%	0.02%
JCI	C	0.25%	0.03%	0.03%
JKHY	D	0.06%	0.07%	0.06%
JNJ	D	1.6%	1.1%	1.1%
JNPR	F	0.06%	0.12%	0.06%
JPM	A	3.01%	0.6%	0.6%
K	A	0.09%	0.23%	0.09%
KDP	D	0.16%	0.14%	0.14%
KEY	B	0.08%	0.02%	0.02%
KEYS	A	0.12%	0.17%	0.12%
KHC	F	0.12%	0.2%	0.12%
KIM	A	0.07%	0.01%	0.01%
KMB	D	0.19%	0.11%	0.11%
KMI	A	0.23%	0.04%	0.04%
KMX	B	0.05%	0.02%	0.02%
KNX	B	0.04%	0.01%	0.01%
KO	D	0.65%	0.56%	0.56%
KR	B	0.17%	0.31%	0.17%
KVUE	A	0.2%	0.08%	0.08%
L	A	0.07%	0.17%	0.07%
LDOS	C	0.1%	0.01%	0.01%
LEN	D	0.08%	0.09%	0.08%
LH	C	0.09%	0.02%	0.02%
LHX	C	0.21%	0.02%	0.02%
LIN	D	0.46%	0.06%	0.06%
LKQ	D	0.04%	0.01%	0.01%
LMT	D	0.5%	0.42%	0.42%
LNT	A	0.07%	0.03%	0.03%
LOW	D	0.67%	0.07%	0.07%
LUV	C	0.08%	0.0%	0.0%
LVS	C	0.03%	0.0%	0.0%
LW	C	0.02%	0.0%	0.0%
LYB	F	0.09%	0.03%	0.03%
MA	C	0.53%	0.71%	0.53%
MAA	B	0.08%	0.01%	0.01%
MAS	D	0.03%	0.01%	0.01%
MCD	D	0.52%	0.42%	0.42%
MCHP	D	0.06%	0.06%	0.06%
MCK	B	0.35%	0.58%	0.35%
MCO	B	0.17%	0.13%	0.13%
MDLZ	F	0.22%	0.14%	0.14%
MDT	D	0.48%	0.06%	0.06%
MET	A	0.21%	0.05%	0.05%
MGM	D	0.01%	0.01%	0.01%
MKC	D	0.08%	0.01%	0.01%
MKTX	D	0.04%	0.02%	0.02%
MLM	B	0.05%	0.01%	0.01%
MMC	B	0.23%	0.51%	0.23%
MMM	D	0.32%	0.14%	0.14%
MNST	C	0.07%	0.07%	0.07%
MO	A	0.41%	0.04%	0.04%
MOH	F	0.03%	0.06%	0.03%
MOS	F	0.04%	0.02%	0.02%
MPC	D	0.1%	0.17%	0.1%
MRK	F	0.65%	0.42%	0.42%
MRNA	F	0.06%	0.01%	0.01%
MRO	B	0.03%	0.02%	0.02%
MS	A	0.72%	0.12%	0.12%
MSCI	C	0.09%	0.0%	0.0%
MSI	B	0.15%	0.65%	0.15%
MTB	A	0.16%	0.05%	0.05%
MTCH	D	0.04%	0.0%	0.0%
MU	D	0.48%	0.04%	0.04%
NDAQ	A	0.14%	0.01%	0.01%
NDSN	B	0.06%	0.02%	0.02%
NEE	D	0.68%	0.06%	0.06%
NEM	D	0.2%	0.04%	0.04%
NI	A	0.07%	0.01%	0.01%
NKE	D	0.23%	0.17%	0.17%
NOC	D	0.3%	0.32%	0.3%
NRG	B	0.08%	0.02%	0.02%
NSC	B	0.26%	0.03%	0.03%
NTAP	C	0.07%	0.04%	0.04%
NTRS	A	0.09%	0.02%	0.02%
NUE	C	0.06%	0.04%	0.04%
NWSA	B	0.05%	0.01%	0.01%
NXPI	D	0.06%	0.02%	0.02%
O	D	0.21%	0.02%	0.02%
OKE	A	0.1%	0.03%	0.03%
OMC	C	0.09%	0.04%	0.04%
ON	D	0.07%	0.01%	0.01%
ORLY	B	0.08%	0.24%	0.08%
OTIS	C	0.11%	0.01%	0.01%
OXY	D	0.15%	0.03%	0.03%
PARA	C	0.03%	0.01%	0.01%
PAYC	B	0.03%	0.02%	0.02%
PAYX	C	0.12%	0.1%	0.1%
PCAR	B	0.07%	0.11%	0.07%
PCG	A	0.2%	0.03%	0.03%
PEG	A	0.19%	0.02%	0.02%
PEP	F	0.63%	0.77%	0.63%
PFE	D	0.64%	0.18%	0.18%
PFG	D	0.08%	0.02%	0.02%
PG	A	1.05%	0.95%	0.95%
PGR	A	0.33%	0.35%	0.33%
PH	A	0.09%	0.02%	0.02%
PKG	A	0.09%	0.04%	0.04%
PLD	D	0.46%	0.04%	0.04%
PM	B	0.55%	0.07%	0.07%
PNC	B	0.36%	0.1%	0.1%
PNR	A	0.02%	0.03%	0.02%
PODD	C	0.05%	0.0%	0.0%
POOL	C	0.03%	0.03%	0.03%
PPG	F	0.13%	0.01%	0.01%
PPL	B	0.11%	0.01%	0.01%
PRU	A	0.2%	0.05%	0.05%
PSA	D	0.13%	0.09%	0.09%
PSX	C	0.24%	0.14%	0.14%
PTC	A	0.04%	0.08%	0.04%
PWR	A	0.06%	0.01%	0.01%
PYPL	B	0.38%	0.04%	0.04%
QCOM	F	0.38%	0.32%	0.32%
QRVO	F	0.03%	0.0%	0.0%
REG	B	0.05%	0.01%	0.01%
REGN	F	0.15%	0.31%	0.15%
RF	A	0.11%	0.03%	0.03%
RJF	A	0.13%	0.02%	0.02%
RMD	C	0.15%	0.05%	0.05%
ROK	B	0.07%	0.06%	0.06%
ROL	B	0.03%	0.08%	0.03%
ROP	B	0.15%	0.48%	0.15%
RPM	A	0.03%	0.01%	0.01%
RSG	A	0.08%	0.46%	0.08%
RTX	C	0.69%	0.09%	0.09%
RVTY	F	0.06%	0.01%	0.01%
SBAC	D	0.06%	0.01%	0.01%
SBUX	A	0.2%	0.04%	0.04%
SCHW	B	0.52%	0.04%	0.04%
SEIC	B	0.02%	0.02%	0.02%
SHW	A	0.2%	0.14%	0.14%
SJM	D	0.05%	0.07%	0.05%
SLB	C	0.27%	0.03%	0.03%
SNA	A	0.05%	0.04%	0.04%
SO	D	0.41%	0.46%	0.41%
SOLV	C	0.04%	0.03%	0.03%
SPG	B	0.15%	0.02%	0.02%
SPGI	C	0.4%	0.04%	0.04%
SRE	A	0.25%	0.04%	0.04%
STE	F	0.04%	0.01%	0.01%
STLD	B	0.03%	0.02%	0.02%
STT	A	0.12%	0.03%	0.03%
STX	D	0.05%	0.01%	0.01%
STZ	D	0.17%	0.01%	0.01%
SW	A	0.11%	0.03%	0.03%
SWK	D	0.06%	0.01%	0.01%
SWKS	F	0.06%	0.03%	0.03%
SYF	B	0.11%	0.04%	0.04%
SYK	C	0.21%	0.03%	0.03%
SYY	B	0.16%	0.03%	0.03%
T	A	0.7%	0.39%	0.39%
TAP	C	0.05%	0.01%	0.01%
TDY	B	0.1%	0.06%	0.06%
TECH	D	0.05%	0.0%	0.0%
TER	D	0.08%	0.02%	0.02%
TFC	A	0.27%	0.09%	0.09%
TFX	F	0.04%	0.0%	0.0%
TGT	F	0.31%	0.15%	0.15%
TJX	A	0.21%	0.35%	0.21%
TMO	F	0.55%	0.06%	0.06%
TMUS	B	0.51%	0.76%	0.51%
TPL	A	0.04%	0.06%	0.04%
TRMB	B	0.08%	0.01%	0.01%
TROW	B	0.12%	0.05%	0.05%
TRV	B	0.26%	0.3%	0.26%
TSCO	D	0.08%	0.06%	0.06%
TSN	B	0.08%	0.15%	0.08%
TT	A	0.13%	0.15%	0.13%
TTC	D	0.02%	0.02%	0.02%
TTWO	A	0.06%	0.01%	0.01%
TXN	C	0.52%	0.48%	0.48%
TXT	D	0.07%	0.01%	0.01%
UDR	B	0.06%	0.0%	0.0%
UHS	D	0.05%	0.01%	0.01%
ULTA	F	0.03%	0.06%	0.03%
UNH	C	1.48%	1.35%	1.35%
UNP	C	0.34%	0.26%	0.26%
UPS	C	0.42%	0.07%	0.07%
USB	A	0.34%	0.09%	0.09%
UTHR	C	0.04%	0.15%	0.04%
V	A	0.77%	1.21%	0.77%
VICI	C	0.14%	0.02%	0.02%
VLO	C	0.2%	0.08%	0.08%
VLTO	D	0.11%	0.05%	0.05%
VMC	B	0.06%	0.01%	0.01%
VRSK	A	0.08%	0.01%	0.01%
VRSN	F	0.04%	0.14%	0.04%
VRTX	F	0.2%	0.43%	0.2%
VTR	C	0.11%	0.01%	0.01%
VTRS	A	0.07%	0.03%	0.03%
VZ	C	0.75%	0.58%	0.58%
WAB	B	0.15%	0.01%	0.01%
WAT	B	0.06%	0.04%	0.04%
WBA	F	0.03%	0.04%	0.03%
WBD	C	0.1%	0.07%	0.07%
WDC	D	0.09%	0.01%	0.01%
WEC	A	0.13%	0.2%	0.13%
WELL	A	0.34%	0.02%	0.02%
WFC	A	1.08%	0.28%	0.28%
WM	A	0.19%	0.52%	0.19%
WMB	A	0.18%	0.19%	0.18%
WMT	A	1.6%	0.76%	0.76%
WPC	D	0.05%	0.01%	0.01%
WRB	A	0.08%	0.14%	0.08%
WTRG	B	0.02%	0.01%	0.01%
WTW	B	0.14%	0.07%	0.07%
WY	D	0.1%	0.02%	0.02%
XEL	A	0.17%	0.09%	0.09%
XOM	B	2.34%	0.47%	0.47%
XYL	D	0.13%	0.01%	0.01%
YUM	B	0.09%	0.15%	0.09%
ZBH	C	0.1%	0.01%	0.01%
ZBRA	B	0.09%	0.01%	0.01%
ZTS	D	0.16%	0.15%	0.15%

IUSV Overweight 281 Positions Relative to QWLD

Symbol	Grade	Weight
UAL	A	0.13%
TEL	B	0.12%
EXE	B	0.09%
RGA	A	0.07%
COHR	B	0.07%
THC	D	0.07%
MTD	D	0.07%
USFD	A	0.07%
TPR	B	0.06%
PFGC	B	0.06%
GME	C	0.05%
AA	B	0.05%
FHN	A	0.05%
BJ	A	0.05%
RRX	B	0.05%
COO	D	0.05%
SF	B	0.05%
JEF	A	0.05%
JLL	D	0.05%
SNV	B	0.04%
HAS	D	0.04%
X	C	0.04%
SSB	B	0.04%
SFM	A	0.04%
OGE	B	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%
XPO	B	0.04%
GMED	A	0.04%
WCC	B	0.04%
AAL	B	0.04%
NLY	C	0.04%
GL	B	0.04%
LAD	A	0.04%
WBS	A	0.04%
UNM	A	0.04%
PNW	B	0.04%
ARMK	B	0.04%
THO	B	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%
HR	C	0.03%
GBCI	B	0.03%
DAR	C	0.03%
NOV	C	0.03%
COLB	A	0.03%
KD	B	0.03%
EWBC	A	0.03%
FAF	A	0.03%
CACI	D	0.03%
FMC	D	0.03%
CMC	B	0.03%
VNO	B	0.03%
VMI	B	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%
FYBR	D	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%
SR	A	0.02%
DCI	B	0.02%
MTG	C	0.02%
HQY	B	0.02%
ASB	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%
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%
CUBE	D	0.02%
POR	C	0.02%
NJR	A	0.02%
BRX	A	0.02%
CW	B	0.02%
NNN	D	0.02%
SON	D	0.02%
ST	F	0.02%
WAL	B	0.02%
AYI	B	0.02%
GAP	C	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%
UMBF	B	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%
REXR	F	0.02%
HOMB	A	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%
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%
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%
DOCS	C	0.01%
FLG	C	0.01%
STAG	F	0.01%
BHF	B	0.01%
AMTM	D	0.01%
CHE	D	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 162 Positions Relative to QWLD

Symbol	Grade	Weight
AAPL	C	-2.57%
NVDA	C	-2.53%
MSFT	F	-2.3%
META	D	-2.11%
LLY	F	-1.14%
GOOGL	C	-1.07%
GOOG	C	-0.94%
NVS	D	-0.79%
NFLX	A	-0.54%
ADBE	C	-0.42%
AMZN	C	-0.37%
AMAT	F	-0.29%
INTU	C	-0.27%
UL	D	-0.27%
WCN	A	-0.27%
ACGL	D	-0.26%
HSBH	B	-0.25%
GDDY	A	-0.25%
ORCL	B	-0.25%
MFG	B	-0.24%
ANET	C	-0.19%
LRCX	F	-0.18%
PANW	C	-0.18%
CHKP	D	-0.17%
TSLA	B	-0.16%
TM	D	-0.15%
BAH	F	-0.15%
CMG	B	-0.14%
MUFG	B	-0.14%
KLAC	D	-0.14%
MKL	A	-0.13%
CDNS	B	-0.13%
SNPS	B	-0.12%
TD	F	-0.12%
E	F	-0.12%
NBIX	C	-0.11%
AVGO	D	-0.11%
BCS	C	-0.11%
FCNCA	A	-0.11%
DEO	F	-0.11%
CNI	D	-0.1%
SMFG	B	-0.1%
DHI	D	-0.1%
FANG	D	-0.09%
LYG	F	-0.09%
ODFL	B	-0.08%
CPRT	A	-0.08%
SONY	B	-0.08%
STLA	F	-0.08%
HMC	F	-0.07%
LULU	C	-0.07%
LNG	B	-0.06%
CRM	B	-0.06%
LOGI	D	-0.06%
PHM	D	-0.06%
NVR	D	-0.06%
BLDR	D	-0.05%
VEEV	C	-0.05%
LPLA	A	-0.05%
BTI	B	-0.05%
FICO	B	-0.05%
MT	B	-0.05%
DECK	A	-0.05%
WST	C	-0.04%
MANH	D	-0.04%
MPWR	F	-0.04%
WDAY	B	-0.04%
TRGP	B	-0.04%
EME	C	-0.04%
GGG	B	-0.03%
BKNG	A	-0.03%
CSL	C	-0.03%
WSO	A	-0.03%
OC	A	-0.03%
AMD	F	-0.03%
WSM	B	-0.03%
IT	C	-0.03%
ACI	C	-0.02%
SQ	B	-0.02%
APO	B	-0.02%
RS	B	-0.02%
NMR	B	-0.02%
ROST	C	-0.02%
OVV	B	-0.02%
AER	B	-0.02%
URI	B	-0.02%
KKR	A	-0.02%
APA	D	-0.02%
DASH	A	-0.01%
RPRX	D	-0.01%
MBAVU	D	-0.01%
RCL	A	-0.01%
TRU	D	-0.01%
SUI	D	-0.01%
CE	F	-0.01%
TWLO	A	-0.01%
HLT	A	-0.01%
FTNT	C	-0.01%
COIN	C	-0.01%
CCEP	C	-0.01%
ZM	B	-0.01%
CHRD	D	-0.01%
TDG	D	-0.01%
SSNC	B	-0.01%
FTV	C	-0.01%
CPAY	A	-0.01%
WFG	D	-0.01%
SE	B	-0.01%
BSY	D	-0.01%
MRVL	B	-0.01%
EXPE	B	-0.01%
MAR	B	-0.01%
UBER	D	-0.01%
CRBG	B	-0.01%
VST	B	-0.01%
HES	B	-0.01%
MELI	D	-0.01%
NOW	A	-0.01%
SMCI	F	-0.01%
GLBE	B	-0.0%
IOT	A	-0.0%
NET	B	-0.0%
RBLX	C	-0.0%
XRX	F	-0.0%
DDOG	A	-0.0%
DKNG	B	-0.0%
TOST	B	-0.0%
SNAP	C	-0.0%
H	B	-0.0%
PSTG	D	-0.0%
FUTU	D	-0.0%
HEI	B	-0.0%
PINS	D	-0.0%
DT	C	-0.0%
SNOW	C	-0.0%
EXAS	D	-0.0%
GRAB	B	-0.0%
ROKU	D	-0.0%
WYNN	D	-0.0%
OKTA	C	-0.0%
CRWD	B	-0.0%
MSTR	C	-0.0%
TYL	B	-0.0%
LII	A	-0.0%
TTD	B	-0.0%
HOOD	B	-0.0%
ENTG	D	-0.0%
TW	A	-0.0%
HEI	B	-0.0%
RIVN	F	-0.0%
Z	A	-0.0%
WLK	D	-0.0%
LYV	A	-0.0%
QGEN	D	-0.0%
VRT	B	-0.0%
APP	B	-0.0%
BBWI	D	-0.0%
AXON	A	-0.0%
OTEX	D	-0.0%
PLTR	B	-0.0%
UHAL	D	-0.0%
ARES	A	-0.0%