IUSV vs. RECS ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to Columbia Research Enhanced Core ETF (RECS)

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

$98.75

Average Daily Volume

514,214

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

RECS

Columbia Research Enhanced Core ETF

RECS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Equity Index. The fund invests at least 80% of its assets in the securities of the index. The index is comprised of a subset of the companies within the Russell 1000® Index. The index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology, which typically results in approximately 325-400 Index holdings, but this range can fluctuate because the index has no constraints on number of holdings.

Grade (RS Rating)

Last Trade

$35.53

Average Daily Volume

386,011

Number of Holdings ^*

360

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	RECS
30 Days	2.09%	2.07%
60 Days	3.98%	5.49%
90 Days	5.42%	6.76%
12 Months	26.18%	34.67%

241 Overlapping Holdings

Symbol	Grade	Weight in IUSV	Weight in RECS	Overlap
ABBV	F	0.83%	0.56%	0.56%
ACM	B	0.03%	0.06%	0.03%
ADM	D	0.11%	0.12%	0.11%
ADP	A	0.33%	0.53%	0.33%
AEE	A	0.1%	0.18%	0.1%
AES	F	0.04%	0.07%	0.04%
AIZ	A	0.05%	0.06%	0.05%
ALGM	D	0.01%	0.01%	0.01%
ALL	A	0.23%	0.27%	0.23%
AMG	B	0.02%	0.03%	0.02%
AMGN	F	0.7%	0.32%	0.32%
AMH	C	0.02%	0.06%	0.02%
AMKR	D	0.01%	0.01%	0.01%
AMT	C	0.23%	0.47%	0.23%
AOS	F	0.01%	0.04%	0.01%
ARE	F	0.07%	0.1%	0.07%
ARMK	B	0.04%	0.04%	0.04%
ASH	F	0.02%	0.03%	0.02%
AVTR	F	0.04%	0.09%	0.04%
AYI	B	0.02%	0.04%	0.02%
AZTA	D	0.0%	0.02%	0.0%
BAC	A	1.35%	1.66%	1.35%
BAX	F	0.07%	0.11%	0.07%
BDX	F	0.29%	0.43%	0.29%
BEN	C	0.03%	0.03%	0.03%
BG	D	0.05%	0.06%	0.05%
BIIB	F	0.11%	0.04%	0.04%
BK	A	0.25%	0.3%	0.25%
BMRN	F	0.02%	0.02%	0.02%
BMY	B	0.52%	0.75%	0.52%
BR	A	0.05%	0.11%	0.05%
BRBR	A	0.02%	0.05%	0.02%
BRX	A	0.02%	0.04%	0.02%
BURL	B	0.03%	0.06%	0.03%
C	A	0.57%	0.71%	0.57%
CACI	D	0.03%	0.06%	0.03%
CAG	F	0.06%	0.06%	0.06%
CAH	B	0.13%	0.19%	0.13%
CAT	B	0.34%	0.83%	0.34%
CBOE	C	0.03%	0.11%	0.03%
CCL	A	0.03%	0.09%	0.03%
CF	A	0.03%	0.12%	0.03%
CI	D	0.4%	0.6%	0.4%
CIEN	C	0.03%	0.02%	0.02%
CL	D	0.2%	0.36%	0.2%
CLF	F	0.02%	0.04%	0.02%
CME	B	0.22%	0.43%	0.22%
CMI	A	0.22%	0.21%	0.21%
CNC	D	0.13%	0.2%	0.13%
CNM	D	0.02%	0.03%	0.02%
COLB	B	0.03%	0.03%	0.03%
COLM	C	0.01%	0.01%	0.01%
COR	B	0.19%	0.26%	0.19%
CRI	F	0.01%	0.01%	0.01%
CRUS	D	0.01%	0.01%	0.01%
CSCO	B	1.02%	0.57%	0.57%
CSGP	D	0.08%	0.16%	0.08%
CSX	C	0.15%	0.3%	0.15%
CTAS	B	0.15%	0.33%	0.15%
CTRA	B	0.03%	0.05%	0.03%
CVX	A	1.2%	0.77%	0.77%
CW	C	0.02%	0.06%	0.02%
DAL	B	0.08%	0.17%	0.08%
DCI	B	0.02%	0.04%	0.02%
DELL	B	0.08%	0.09%	0.08%
DINO	D	0.03%	0.02%	0.02%
DIS	B	0.87%	0.42%	0.42%
DKS	D	0.02%	0.04%	0.02%
DOCU	B	0.07%	0.04%	0.04%
DTE	C	0.11%	0.18%	0.11%
DTM	A	0.02%	0.03%	0.02%
EA	A	0.1%	0.09%	0.09%
EEFT	B	0.01%	0.02%	0.01%
EG	C	0.07%	0.08%	0.07%
EIX	B	0.14%	0.23%	0.14%
EOG	A	0.11%	0.22%	0.11%
EPR	C	0.01%	0.02%	0.01%
EQH	C	0.01%	0.08%	0.01%
EQIX	A	0.2%	0.44%	0.2%
ETR	B	0.14%	0.24%	0.14%
EVRG	A	0.06%	0.1%	0.06%
EWBC	A	0.03%	0.07%	0.03%
EXC	C	0.17%	0.28%	0.17%
EXPD	C	0.05%	0.07%	0.05%
FDX	B	0.29%	0.28%	0.28%
FFIV	B	0.06%	0.03%	0.03%
FHN	A	0.05%	0.06%	0.05%
FI	A	0.26%	0.65%	0.26%
FITB	B	0.14%	0.17%	0.14%
FLS	B	0.02%	0.03%	0.02%
FOX	A	0.03%	0.01%	0.01%
FOXA	A	0.05%	0.02%	0.02%
G	B	0.03%	0.03%	0.03%
GAP	C	0.02%	0.02%	0.02%
GEN	B	0.07%	0.04%	0.04%
GILD	C	0.5%	0.21%	0.21%
GIS	D	0.16%	0.17%	0.16%
GL	C	0.04%	0.05%	0.04%
GLPI	C	0.03%	0.07%	0.03%
GNRC	C	0.02%	0.05%	0.02%
GPN	B	0.13%	0.15%	0.13%
HCA	F	0.15%	0.43%	0.15%
HOLX	D	0.08%	0.11%	0.08%
HPE	B	0.12%	0.07%	0.07%
HPQ	B	0.16%	0.09%	0.09%
HST	C	0.02%	0.06%	0.02%
INCY	C	0.05%	0.02%	0.02%
INGR	C	0.03%	0.05%	0.03%
INVH	D	0.08%	0.11%	0.08%
JAZZ	B	0.02%	0.05%	0.02%
JEF	A	0.05%	0.07%	0.05%
JHG	B	0.03%	0.03%	0.03%
JLL	D	0.05%	0.07%	0.05%
JNJ	C	1.6%	2.35%	1.6%
JNPR	D	0.06%	0.03%	0.03%
JPM	A	3.01%	3.63%	3.01%
K	A	0.09%	0.1%	0.09%
KEX	B	0.02%	0.03%	0.02%
KHC	F	0.12%	0.14%	0.12%
KMB	C	0.19%	0.22%	0.19%
KR	B	0.17%	0.19%	0.17%
KRC	B	0.02%	0.02%	0.02%
L	A	0.07%	0.08%	0.07%
LDOS	C	0.1%	0.11%	0.1%
LEA	F	0.02%	0.02%	0.02%
LEN	D	0.08%	0.0%	0.0%
LEN	D	0.08%	0.14%	0.08%
LMT	D	0.5%	0.51%	0.5%
LPX	B	0.01%	0.05%	0.01%
LVS	B	0.03%	0.06%	0.03%
LYB	F	0.09%	0.17%	0.09%
M	F	0.02%	0.01%	0.01%
MAN	F	0.01%	0.01%	0.01%
MAS	D	0.03%	0.07%	0.03%
MCK	A	0.35%	0.5%	0.35%
MDT	D	0.48%	0.7%	0.48%
MET	A	0.21%	0.25%	0.21%
MGM	D	0.01%	0.03%	0.01%
MHK	D	0.03%	0.03%	0.03%
MIDD	C	0.02%	0.03%	0.02%
MMC	B	0.23%	0.58%	0.23%
MMM	D	0.32%	0.31%	0.31%
MO	A	0.41%	0.45%	0.41%
MOS	F	0.04%	0.07%	0.04%
MPC	D	0.1%	0.16%	0.1%
MRNA	F	0.06%	0.02%	0.02%
MRO	B	0.03%	0.05%	0.03%
MSI	B	0.15%	0.2%	0.15%
MSM	C	0.01%	0.02%	0.01%
MTCH	D	0.04%	0.02%	0.02%
MTD	F	0.07%	0.16%	0.07%
MTG	C	0.02%	0.03%	0.02%
NI	A	0.07%	0.12%	0.07%
NNN	C	0.02%	0.04%	0.02%
NTAP	C	0.07%	0.06%	0.06%
NUE	C	0.06%	0.29%	0.06%
NWS	A	0.02%	0.01%	0.01%
NWSA	A	0.05%	0.03%	0.03%
OLN	F	0.01%	0.04%	0.01%
OTIS	C	0.11%	0.17%	0.11%
OXY	D	0.15%	0.1%	0.1%
OZK	B	0.01%	0.03%	0.01%
PAYX	B	0.12%	0.2%	0.12%
PCAR	B	0.07%	0.26%	0.07%
PCG	A	0.2%	0.33%	0.2%
PG	C	1.05%	1.9%	1.05%
PH	A	0.09%	0.39%	0.09%
PKG	A	0.09%	0.16%	0.09%
PM	B	0.55%	0.96%	0.55%
PPC	C	0.01%	0.01%	0.01%
PPG	F	0.13%	0.22%	0.13%
PRGO	C	0.02%	0.02%	0.02%
PRU	A	0.2%	0.23%	0.2%
PSX	C	0.24%	0.15%	0.15%
PVH	C	0.03%	0.02%	0.02%
PYPL	B	0.38%	0.46%	0.38%
QCOM	F	0.38%	0.46%	0.38%
QRVO	F	0.03%	0.02%	0.02%
R	B	0.03%	0.03%	0.03%
REGN	F	0.15%	0.16%	0.15%
RGA	A	0.07%	0.08%	0.07%
RJF	A	0.13%	0.16%	0.13%
RL	C	0.02%	0.03%	0.02%
ROIV	C	0.01%	0.01%	0.01%
RPM	A	0.03%	0.13%	0.03%
RYN	D	0.01%	0.02%	0.01%
SAIC	F	0.02%	0.03%	0.02%
SAM	C	0.01%	0.01%	0.01%
SBAC	D	0.06%	0.12%	0.06%
SEIC	B	0.02%	0.04%	0.02%
SF	B	0.05%	0.06%	0.05%
SLM	A	0.01%	0.03%	0.01%
SMG	C	0.01%	0.02%	0.01%
SNA	A	0.05%	0.08%	0.05%
SNX	D	0.04%	0.02%	0.02%
SOLV	D	0.04%	0.06%	0.04%
SON	F	0.02%	0.04%	0.02%
SPG	A	0.15%	0.3%	0.15%
SRPT	F	0.01%	0.01%	0.01%
STAG	D	0.01%	0.03%	0.01%
STLD	B	0.03%	0.16%	0.03%
STT	B	0.12%	0.15%	0.12%
SWK	D	0.06%	0.06%	0.06%
SWKS	F	0.06%	0.03%	0.03%
SYF	B	0.11%	0.14%	0.11%
T	A	0.7%	0.36%	0.36%
TAP	C	0.05%	0.05%	0.05%
TGT	F	0.31%	0.34%	0.31%
THC	D	0.07%	0.1%	0.07%
THO	B	0.03%	0.02%	0.02%
TJX	A	0.21%	0.47%	0.21%
TMO	F	0.55%	1.3%	0.55%
TNL	A	0.01%	0.01%	0.01%
TPR	B	0.06%	0.04%	0.04%
TROW	B	0.12%	0.13%	0.12%
TT	A	0.13%	0.4%	0.13%
UAL	A	0.13%	0.13%	0.13%
UGI	C	0.02%	0.04%	0.02%
UNM	A	0.04%	0.07%	0.04%
UNP	C	0.34%	0.62%	0.34%
UPS	C	0.42%	0.41%	0.41%
UTHR	C	0.04%	0.03%	0.03%
VLO	C	0.2%	0.13%	0.13%
VRSN	C	0.04%	0.04%	0.04%
VRTX	D	0.2%	0.23%	0.2%
VTRS	A	0.07%	0.1%	0.07%
WAB	B	0.15%	0.15%	0.15%
WCC	B	0.04%	0.04%	0.04%
WFC	A	1.08%	1.35%	1.08%
WH	B	0.01%	0.02%	0.01%
WM	B	0.19%	0.38%	0.19%
WPC	C	0.05%	0.06%	0.05%
WTFC	A	0.04%	0.04%	0.04%
WTW	B	0.14%	0.17%	0.14%
WU	F	0.01%	0.02%	0.01%
WY	F	0.1%	0.12%	0.1%
XEL	A	0.17%	0.28%	0.17%
XOM	B	2.34%	1.55%	1.55%
XRAY	F	0.02%	0.02%	0.02%
ZBH	C	0.1%	0.14%	0.1%
ZION	B	0.04%	0.05%	0.04%

IUSV Overweight 488 Positions Relative to RECS

Symbol	Grade	Weight
BRK.A	B	3.74%
WMT	A	1.6%
UNH	B	1.48%
HD	B	1.11%
COST	A	1.04%
ABT	B	0.87%
IBM	C	0.84%
GS	A	0.81%
V	A	0.77%
VZ	C	0.75%
CMCSA	B	0.73%
MS	A	0.72%
RTX	D	0.69%
NEE	C	0.68%
LOW	C	0.67%
DHR	F	0.67%
HON	C	0.66%
KO	D	0.65%
MRK	D	0.65%
BLK	B	0.64%
PFE	F	0.64%
PEP	F	0.63%
MA	B	0.53%
TXN	C	0.52%
SCHW	B	0.52%
MCD	D	0.52%
TMUS	B	0.51%
MU	D	0.48%
GE	D	0.48%
INTC	C	0.47%
CB	C	0.47%
ACN	B	0.46%
LIN	C	0.46%
PLD	F	0.46%
ELV	F	0.41%
SO	C	0.41%
SPGI	C	0.4%
ICE	C	0.39%
DUK	C	0.37%
PNC	B	0.36%
WELL	A	0.34%
USB	A	0.34%
GD	D	0.33%
PGR	A	0.33%
EMR	B	0.32%
COF	C	0.31%
APD	A	0.31%
NOC	D	0.3%
CVS	D	0.3%
GM	C	0.28%
ISRG	A	0.28%
SLB	C	0.27%
TFC	A	0.27%
TRV	B	0.26%
NSC	B	0.26%
BA	F	0.25%
JCI	B	0.25%
SRE	A	0.25%
BSX	A	0.25%
ETN	A	0.24%
AFL	B	0.24%
KMI	A	0.23%
NKE	F	0.23%
AEP	C	0.22%
MDLZ	F	0.22%
GEV	B	0.22%
LHX	C	0.21%
D	C	0.21%
SYK	B	0.21%
FIS	C	0.21%
AXP	A	0.21%
AIG	B	0.21%
O	C	0.21%
CCI	C	0.2%
SHW	B	0.2%
KVUE	A	0.2%
SBUX	A	0.2%
NEM	D	0.2%
BKR	A	0.19%
ADI	D	0.19%
F	C	0.19%
PEG	A	0.19%
DE	B	0.19%
COP	C	0.18%
WMB	A	0.18%
GEHC	D	0.17%
STZ	D	0.17%
A	D	0.17%
APH	A	0.17%
CEG	C	0.17%
ITW	B	0.17%
CTVA	C	0.17%
CBRE	B	0.17%
MCO	B	0.17%
CTSH	B	0.17%
AON	A	0.17%
ZTS	D	0.16%
MTB	A	0.16%
GLW	B	0.16%
BX	A	0.16%
SYY	D	0.16%
KDP	F	0.16%
HUM	C	0.15%
RMD	C	0.15%
HIG	B	0.15%
ROP	B	0.15%
EXR	C	0.15%
DD	C	0.15%
FCX	F	0.14%
DOW	F	0.14%
AJG	A	0.14%
ADSK	A	0.14%
DLR	B	0.14%
NDAQ	A	0.14%
AVB	B	0.14%
CARR	C	0.14%
VICI	C	0.14%
ED	C	0.14%
XYL	D	0.13%
ABNB	C	0.13%
PSA	C	0.13%
WEC	A	0.13%
EBAY	D	0.13%
ECL	D	0.13%
HAL	C	0.12%
KEYS	A	0.12%
DOV	A	0.12%
TEL	B	0.12%
RF	A	0.11%
PPL	A	0.11%
DVN	F	0.11%
EQR	C	0.11%
SW	A	0.11%
EW	C	0.11%
VLTO	C	0.11%
EQT	B	0.11%
HBAN	A	0.11%
AWK	C	0.11%
AMP	A	0.11%
VTR	B	0.11%
ES	C	0.1%
WBD	B	0.1%
TDY	B	0.1%
ATO	A	0.1%
ILMN	C	0.1%
IFF	D	0.1%
AME	A	0.1%
CINF	A	0.1%
FAST	B	0.1%
OKE	A	0.1%
HWM	A	0.09%
EXE	A	0.09%
CNP	A	0.09%
EFX	F	0.09%
IP	A	0.09%
DFS	B	0.09%
CMS	C	0.09%
LH	B	0.09%
ZBRA	B	0.09%
OMC	C	0.09%
MSCI	C	0.09%
CLX	A	0.09%
WDC	D	0.09%
CHTR	C	0.09%
YUM	D	0.09%
FE	C	0.09%
FSLR	F	0.09%
CFG	B	0.09%
NTRS	A	0.09%
IQV	F	0.09%
TRMB	B	0.08%
TSCO	D	0.08%
TER	F	0.08%
GPC	D	0.08%
IEX	C	0.08%
DGX	A	0.08%
J	D	0.08%
KEY	B	0.08%
BBY	D	0.08%
WRB	A	0.08%
RSG	A	0.08%
VRSK	A	0.08%
TSN	B	0.08%
PFG	D	0.08%
MAA	B	0.08%
NRG	B	0.08%
BALL	F	0.08%
MKC	C	0.08%
ORLY	B	0.08%
ESS	B	0.08%
LUV	C	0.08%
DOC	C	0.07%
EL	F	0.07%
GRMN	B	0.07%
FNF	B	0.07%
LNT	A	0.07%
IDXX	F	0.07%
COHR	B	0.07%
MNST	C	0.07%
AVY	F	0.07%
ON	D	0.07%
TXT	D	0.07%
USFD	A	0.07%
HSY	F	0.07%
IRM	C	0.07%
AZO	C	0.07%
KIM	A	0.07%
DG	F	0.07%
ROK	C	0.07%
JKHY	D	0.06%
CPT	B	0.06%
ANSS	B	0.06%
HUBB	B	0.06%
GWW	B	0.06%
CHRW	B	0.06%
DLTR	F	0.06%
UDR	B	0.06%
VMC	B	0.06%
PFGC	B	0.06%
CDW	F	0.06%
NDSN	B	0.06%
NXPI	D	0.06%
WAT	C	0.06%
RVTY	F	0.06%
CHD	A	0.06%
MCHP	F	0.06%
APTV	F	0.06%
AMCR	C	0.06%
PWR	A	0.06%
JBHT	C	0.06%
TTWO	A	0.06%
AFG	A	0.05%
GME	C	0.05%
AA	A	0.05%
CTLT	C	0.05%
IPG	D	0.05%
TECH	F	0.05%
PODD	C	0.05%
BJ	A	0.05%
DXCM	C	0.05%
RRX	B	0.05%
COO	D	0.05%
BXP	C	0.05%
EMN	C	0.05%
SJM	D	0.05%
UHS	D	0.05%
REG	A	0.05%
ALB	B	0.05%
STX	C	0.05%
MLM	C	0.05%
KMX	B	0.05%
SNV	C	0.04%
HAS	D	0.04%
X	B	0.04%
SSB	B	0.04%
EPAM	B	0.04%
SFM	A	0.04%
OGE	A	0.04%
HSIC	C	0.04%
MTZ	B	0.04%
FRT	B	0.04%
GPK	C	0.04%
TPL	A	0.04%
FLR	B	0.04%
AR	B	0.04%
CPB	D	0.04%
ORI	A	0.04%
HRL	D	0.04%
TFX	F	0.04%
XPO	B	0.04%
DPZ	C	0.04%
KNX	C	0.04%
GMED	A	0.04%
PTC	B	0.04%
CNH	C	0.04%
AAL	B	0.04%
STE	D	0.04%
IR	B	0.04%
DRI	B	0.04%
NLY	C	0.04%
ALLY	C	0.04%
LAD	A	0.04%
FDS	B	0.04%
MKTX	D	0.04%
WBS	A	0.04%
CRL	D	0.04%
PNW	A	0.04%
LKQ	F	0.04%
BRO	B	0.03%
KRG	B	0.03%
FNB	A	0.03%
THG	A	0.03%
LITE	B	0.03%
POOL	C	0.03%
RNR	C	0.03%
SCI	B	0.03%
ESNT	F	0.03%
ULTA	F	0.03%
OHI	C	0.03%
ARW	D	0.03%
STWD	C	0.03%
WHR	B	0.03%
PAYC	B	0.03%
WBA	F	0.03%
HR	B	0.03%
GBCI	B	0.03%
DAR	C	0.03%
NOV	C	0.03%
KD	B	0.03%
BIO	C	0.03%
JBL	C	0.03%
PARA	C	0.03%
FAF	A	0.03%
FMC	D	0.03%
CMC	B	0.03%
VNO	C	0.03%
VMI	B	0.03%
ALGN	D	0.03%
ONB	C	0.03%
AKAM	D	0.03%
OSK	C	0.03%
TMHC	C	0.03%
MOH	F	0.03%
BERY	C	0.03%
ADC	A	0.03%
ALLE	C	0.03%
FYBR	C	0.03%
HII	F	0.03%
BWA	D	0.03%
IBKR	A	0.03%
IVZ	B	0.03%
PB	B	0.03%
ROL	B	0.03%
CYTK	F	0.02%
CZR	F	0.02%
PII	F	0.02%
GATX	A	0.02%
FR	D	0.02%
ALE	A	0.02%
MAT	D	0.02%
IDA	A	0.02%
CGNX	D	0.02%
HOG	D	0.02%
MKSI	C	0.02%
LW	C	0.02%
SR	A	0.02%
HQY	A	0.02%
ASB	B	0.02%
ASGN	F	0.02%
TXNM	A	0.02%
CNO	B	0.02%
TCBI	C	0.02%
ORA	B	0.02%
ERIE	D	0.02%
OGS	A	0.02%
SLGN	A	0.02%
KBR	F	0.02%
KMPR	A	0.02%
TTC	C	0.02%
AN	C	0.02%
FLO	D	0.02%
RGLD	C	0.02%
SBRA	C	0.02%
BKH	A	0.02%
TKO	A	0.02%
SWX	B	0.02%
AVNT	B	0.02%
CUZ	B	0.02%
IRT	A	0.02%
LAMR	C	0.02%
ATR	B	0.02%
AVT	C	0.02%
VLY	B	0.02%
ELS	C	0.02%
CUBE	C	0.02%
POR	C	0.02%
NJR	A	0.02%
ST	F	0.02%
WAL	B	0.02%
WTRG	B	0.02%
BDC	C	0.02%
CBSH	B	0.02%
VOYA	B	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%
UBSI	B	0.02%
NFG	A	0.02%
EHC	B	0.02%
PNFP	B	0.02%
CG	B	0.02%
REXR	F	0.02%
FBIN	D	0.02%
HOMB	A	0.02%
AGCO	D	0.02%
CCK	D	0.02%
UA	C	0.01%
HGV	C	0.01%
IPGP	D	0.01%
YETI	D	0.01%
CPRI	F	0.01%
MMS	F	0.01%
PSN	D	0.01%
NSP	F	0.01%
BLKB	B	0.01%
VC	F	0.01%
WEN	D	0.01%
NSA	C	0.01%
KNF	B	0.01%
TEX	F	0.01%
GEF	A	0.01%
AMED	F	0.01%
SYNA	C	0.01%
POWI	F	0.01%
OPCH	D	0.01%
LIVN	F	0.01%
CHH	A	0.01%
HAE	C	0.01%
VSH	F	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	D	0.01%
LANC	C	0.01%
CHX	C	0.01%
CBT	D	0.01%
CDP	C	0.01%
ALTM	B	0.01%
LSTR	D	0.01%
ZI	D	0.01%
AM	A	0.01%
BC	C	0.01%
JWN	D	0.01%
IBOC	B	0.01%
ENS	F	0.01%
RCM	A	0.01%
MTN	C	0.01%
EXPO	D	0.01%
BRKR	D	0.01%
HWC	B	0.01%
NOVT	D	0.01%
GNTX	C	0.01%
HXL	F	0.01%
ENOV	C	0.01%
RLI	A	0.01%
GXO	B	0.01%
CHWY	B	0.01%
GT	C	0.01%
MASI	B	0.01%
MUR	D	0.01%
SIGI	C	0.01%
RH	C	0.01%
MTSI	B	0.01%
CXT	C	0.01%
KBH	D	0.01%
CC	C	0.01%
NEOG	F	0.01%
ALV	C	0.01%
TKR	D	0.01%
PCH	F	0.01%
VAC	C	0.01%
PBF	D	0.01%
CVLT	B	0.01%
PAG	B	0.01%
FFIN	B	0.01%
EVR	B	0.01%
GHC	B	0.01%
EXLS	B	0.01%
AZPN	A	0.01%
EGP	D	0.01%
DVA	C	0.01%
DOCS	C	0.01%
FLG	D	0.01%
BHF	C	0.01%
AMTM	D	0.01%
CHE	D	0.01%
NWE	B	0.01%
NVST	B	0.01%
FHI	B	0.01%
MAGN	D	0.0%
WMG	D	0.0%

IUSV Underweight 119 Positions Relative to RECS

Symbol	Grade	Weight
NVDA	B	-8.48%
AAPL	C	-7.95%
MSFT	D	-7.44%
AMZN	C	-4.75%
META	D	-2.94%
GOOGL	C	-2.36%
GOOG	C	-2.0%
CRM	B	-0.76%
UBER	F	-0.61%
BKNG	A	-0.6%
ADBE	C	-0.52%
NOW	A	-0.5%
INTU	B	-0.45%
VST	A	-0.37%
PLTR	B	-0.31%
PANW	B	-0.28%
ANET	C	-0.25%
LRCX	F	-0.24%
HLT	A	-0.22%
CRWD	B	-0.19%
RCL	A	-0.19%
VRT	B	-0.19%
APP	B	-0.18%
DHI	F	-0.17%
ROST	D	-0.16%
FTNT	C	-0.15%
SPOT	B	-0.14%
LULU	C	-0.14%
RS	B	-0.14%
FCNCA	A	-0.14%
TTD	B	-0.13%
EME	A	-0.11%
FTV	C	-0.11%
DECK	A	-0.1%
BLDR	D	-0.1%
FANG	C	-0.1%
DDOG	A	-0.09%
NVR	D	-0.09%
TEAM	A	-0.09%
CVNA	B	-0.09%
CSL	C	-0.09%
PHM	D	-0.09%
EXP	B	-0.08%
EXPE	B	-0.08%
FIX	A	-0.07%
SSNC	B	-0.07%
OC	A	-0.07%
MPWR	F	-0.07%
TOL	B	-0.06%
WSM	C	-0.06%
ALNY	D	-0.06%
QGEN	D	-0.06%
CE	F	-0.06%
RPRX	D	-0.06%
LECO	C	-0.05%
ITT	A	-0.05%
MEDP	D	-0.05%
ZM	C	-0.05%
AXS	A	-0.04%
FTI	A	-0.04%
APG	B	-0.04%
XP	F	-0.04%
MANH	D	-0.04%
ACI	C	-0.04%
PSTG	D	-0.04%
NTNX	B	-0.04%
BLD	D	-0.04%
CRBG	B	-0.04%
PINS	F	-0.04%
ALSN	B	-0.04%
ZS	B	-0.04%
ELAN	D	-0.04%
TXRH	B	-0.04%
MSA	F	-0.03%
OGN	F	-0.03%
NEU	D	-0.03%
NTRA	A	-0.03%
SKX	D	-0.03%
HRB	D	-0.03%
WYNN	C	-0.03%
ESAB	C	-0.03%
LNC	C	-0.03%
WLK	D	-0.03%
RHI	C	-0.03%
LNW	F	-0.03%
COKE	C	-0.03%
PINC	B	-0.02%
CIVI	D	-0.02%
VIRT	A	-0.02%
DBX	B	-0.02%
GTLB	B	-0.02%
PK	C	-0.02%
CWEN	C	-0.02%
EXAS	D	-0.02%
LSCC	D	-0.02%
SMAR	B	-0.02%
HIW	C	-0.02%
GTES	A	-0.02%
EXEL	B	-0.02%
WFRD	D	-0.02%
NYT	D	-0.02%
BILL	A	-0.02%
CROX	D	-0.02%
ROKU	D	-0.02%
H	B	-0.02%
NBIX	C	-0.02%
CNA	C	-0.01%
APLS	F	-0.01%
CWEN	C	-0.01%
REYN	D	-0.01%
ADTN	A	-0.01%
RARE	F	-0.01%
PEGA	B	-0.01%
IONS	F	-0.01%
VKTX	F	-0.01%
PATH	C	-0.01%
PLTK	B	-0.0%
SEB	F	-0.0%
DDS	B	-0.0%