IWB vs. GVLU ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Gotham 1000 Value ETF (GVLU)

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index 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. It seeks to track the investment results of the Russell 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$328.90

Average Daily Volume

791,576

Number of Holdings ^*

1000

* may have additional holdings in another (foreign) market

GVLU

Gotham 1000 Value ETF

GVLU Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by generally investing in equity securities of 400-600 mid- to large-capitalization companies chosen from a universe of the largest 1,400 companies listed on U.S. stock exchanges measured by market capitalization.

Grade (RS Rating)

Last Trade

$25.64

Average Daily Volume

25,719

Number of Holdings ^*

456

* may have additional holdings in another (foreign) market

Performance

Period	IWB	GVLU
30 Days	3.82%	4.42%
60 Days	5.33%	4.08%
90 Days	7.10%	5.01%
12 Months	33.41%	27.37%

354 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in GVLU	Overlap
	AA	B	0.02%	0.06%	0.02%
	AAL	B	0.02%	0.29%	0.02%
	ACGL	D	0.07%	0.49%	0.07%
	ACI	C	0.01%	0.4%	0.01%
	ACM	A	0.03%	0.1%	0.03%
	ADM	D	0.05%	0.23%	0.05%
	AFG	A	0.02%	0.21%	0.02%
	AFL	B	0.11%	0.22%	0.11%
	AGCO	D	0.01%	0.24%	0.01%
	AGO	B	0.01%	0.53%	0.01%
	AIZ	A	0.02%	0.39%	0.02%
	ALL	A	0.1%	0.54%	0.1%
	ALLE	D	0.02%	0.11%	0.02%
	ALSN	B	0.02%	0.17%	0.02%
	AM	A	0.01%	0.09%	0.01%
	AMAT	F	0.26%	0.15%	0.15%
	AMT	D	0.17%	0.16%	0.16%
	AN	C	0.01%	0.06%	0.01%
	AOS	F	0.02%	0.15%	0.02%
	APG	B	0.01%	0.11%	0.01%
	APTV	D	0.03%	0.07%	0.03%
	ARMK	B	0.02%	0.41%	0.02%
	ARW	D	0.01%	0.42%	0.01%
	ASH	D	0.01%	0.38%	0.01%
	ATI	D	0.01%	0.14%	0.01%
	AVT	C	0.01%	0.34%	0.01%
	AVY	D	0.03%	0.06%	0.03%
	AXS	A	0.01%	0.18%	0.01%
	AXTA	A	0.02%	0.3%	0.02%
	AYI	B	0.02%	0.09%	0.02%
	AZEK	A	0.01%	0.07%	0.01%
	AZO	C	0.1%	0.1%	0.1%
	BAH	F	0.04%	0.07%	0.04%
	BALL	D	0.03%	0.33%	0.03%
	BAX	D	0.03%	0.2%	0.03%
	BBWI	D	0.01%	0.04%	0.01%
	BBY	D	0.04%	0.21%	0.04%
	BDX	F	0.12%	0.11%	0.11%
	BERY	B	0.01%	0.18%	0.01%
	BIIB	F	0.04%	0.28%	0.04%
	BIO	D	0.01%	0.05%	0.01%
	BJ	A	0.02%	0.0%	0.0%
	BKNG	A	0.31%	0.06%	0.06%
	BKR	B	0.08%	0.1%	0.08%
	BLD	D	0.02%	0.18%	0.02%
	BLDR	D	0.04%	0.02%	0.02%
	BMY	B	0.21%	0.06%	0.06%
	BR	A	0.05%	0.02%	0.02%
	BRBR	A	0.02%	0.04%	0.02%
	BWA	D	0.01%	0.17%	0.01%
	BYD	C	0.01%	0.2%	0.01%
	CAG	D	0.02%	0.44%	0.02%
	CAH	B	0.05%	0.14%	0.05%
	CAT	B	0.35%	0.25%	0.25%
	CB	C	0.22%	0.36%	0.22%
	CBOE	B	0.04%	0.39%	0.04%
	CCK	C	0.02%	0.49%	0.02%
	CE	F	0.01%	0.05%	0.01%
	CEG	D	0.13%	0.38%	0.13%
	CF	B	0.03%	0.13%	0.03%
	CHTR	C	0.07%	0.18%	0.07%
	CI	F	0.17%	0.39%	0.17%
	CIEN	B	0.02%	0.09%	0.02%
	CINF	A	0.04%	0.31%	0.04%
	CL	D	0.14%	0.22%	0.14%
	CLF	F	0.01%	0.05%	0.01%
	CLX	B	0.04%	0.27%	0.04%
	CMCSA	B	0.3%	0.33%	0.3%
	CME	A	0.15%	0.33%	0.15%
	CMI	A	0.09%	0.17%	0.09%
	CNA	B	0.0%	0.39%	0.0%
	CNC	D	0.06%	0.32%	0.06%
	COKE	C	0.01%	0.09%	0.01%
	COLB	A	0.01%	0.01%	0.01%
	COLM	B	0.01%	0.12%	0.01%
	COP	C	0.24%	0.14%	0.14%
	COR	B	0.07%	0.11%	0.07%
	COTY	F	0.01%	0.12%	0.01%
	CPAY	A	0.05%	0.03%	0.03%
	CPB	D	0.02%	0.03%	0.02%
	CROX	D	0.01%	0.27%	0.01%
	CRUS	D	0.01%	0.16%	0.01%
	CSL	C	0.04%	0.35%	0.04%
	CSX	B	0.13%	0.12%	0.12%
	CTRA	B	0.03%	0.23%	0.03%
	CTVA	C	0.07%	0.22%	0.07%
	CVS	D	0.12%	0.32%	0.12%
	CVX	A	0.51%	0.44%	0.44%
	CZR	F	0.01%	0.08%	0.01%
	D	C	0.09%	0.52%	0.09%
	DAL	C	0.08%	0.32%	0.08%
	DAR	C	0.01%	0.38%	0.01%
	DBX	B	0.01%	0.2%	0.01%
	DCI	B	0.02%	0.21%	0.02%
	DDS	B	0.0%	0.02%	0.0%
	DG	F	0.03%	0.52%	0.03%
	DGX	A	0.03%	0.01%	0.01%
	DINO	D	0.01%	0.03%	0.01%
	DIS	B	0.39%	0.25%	0.25%
	DKS	C	0.02%	0.02%	0.02%
	DOX	D	0.02%	0.31%	0.02%
	DRI	B	0.04%	0.11%	0.04%
	DVA	B	0.01%	0.39%	0.01%
	DXC	B	0.01%	0.24%	0.01%
	EBAY	D	0.06%	0.09%	0.06%
	ECL	D	0.11%	0.01%	0.01%
	EEFT	B	0.01%	0.35%	0.01%
	EG	C	0.03%	0.52%	0.03%
	ELAN	D	0.01%	0.3%	0.01%
	ELV	F	0.17%	0.06%	0.06%
	EME	C	0.04%	0.2%	0.04%
	EMN	D	0.02%	0.11%	0.02%
	EOG	A	0.14%	0.43%	0.14%
	EPAM	C	0.02%	0.22%	0.02%
	ETSY	D	0.01%	0.06%	0.01%
	EW	C	0.07%	0.2%	0.07%
	EXEL	B	0.02%	0.37%	0.02%
	EXPE	B	0.04%	0.2%	0.04%
	FCN	D	0.01%	0.48%	0.01%
	FDS	B	0.03%	0.05%	0.03%
	FDX	B	0.12%	0.23%	0.12%
	FFIV	B	0.03%	0.02%	0.02%
	FITB	A	0.06%	0.0%	0.0%
	FLO	D	0.01%	0.17%	0.01%
	FLS	B	0.01%	0.08%	0.01%
	FMC	D	0.01%	0.36%	0.01%
	FOXA	B	0.02%	0.35%	0.02%
	FTI	A	0.02%	0.46%	0.02%
	GAP	C	0.01%	0.3%	0.01%
	GEHC	F	0.07%	0.08%	0.07%
	GEN	B	0.03%	0.22%	0.03%
	GFS	C	0.01%	0.08%	0.01%
	GILD	C	0.2%	0.35%	0.2%
	GIS	D	0.07%	0.32%	0.07%
	GL	B	0.02%	0.49%	0.02%
	GM	B	0.12%	0.24%	0.12%
	GNRC	B	0.02%	0.05%	0.02%
	GNTX	C	0.01%	0.06%	0.01%
	GPK	C	0.02%	0.13%	0.02%
	GPN	B	0.06%	0.3%	0.06%
	GTES	A	0.01%	0.07%	0.01%
	GWW	B	0.09%	0.01%	0.01%
	H	B	0.01%	0.31%	0.01%
	HAL	C	0.05%	0.02%	0.02%
	HAS	D	0.02%	0.28%	0.02%
	HAYW	B	0.0%	0.2%	0.0%
	HBAN	A	0.05%	0.02%	0.02%
	HCA	F	0.12%	0.17%	0.12%
	HIG	B	0.06%	0.33%	0.06%
	HOG	D	0.01%	0.12%	0.01%
	HOLX	D	0.03%	0.1%	0.03%
	HPE	B	0.05%	0.24%	0.05%
	HPQ	B	0.07%	0.27%	0.07%
	HRL	D	0.02%	0.23%	0.02%
	HSIC	B	0.02%	0.33%	0.02%
	HSY	F	0.05%	0.2%	0.05%
	HUM	C	0.06%	0.46%	0.06%
	IFF	D	0.04%	0.19%	0.04%
	INCY	C	0.02%	0.07%	0.02%
	INGR	B	0.02%	0.53%	0.02%
	IP	B	0.04%	0.17%	0.04%
	IPG	D	0.02%	0.39%	0.02%
	IPGP	D	0.0%	0.19%	0.0%
	IR	B	0.08%	0.0%	0.0%
	IRDM	D	0.01%	0.11%	0.01%
	ITW	B	0.15%	0.01%	0.01%
	J	F	0.03%	0.33%	0.03%
	JAZZ	B	0.01%	0.41%	0.01%
	JBHT	C	0.03%	0.14%	0.03%
	JBL	B	0.03%	0.29%	0.03%
	JCI	C	0.1%	0.28%	0.1%
	JKHY	D	0.02%	0.09%	0.02%
	JNJ	D	0.69%	0.1%	0.1%
	JNPR	F	0.02%	0.02%	0.02%
	JWN	C	0.0%	0.25%	0.0%
	K	A	0.04%	0.42%	0.04%
	KD	B	0.01%	0.08%	0.01%
	KDP	D	0.07%	0.21%	0.07%
	KHC	F	0.05%	0.43%	0.05%
	KLAC	D	0.15%	0.0%	0.0%
	KMB	D	0.08%	0.37%	0.08%
	KMPR	B	0.01%	0.08%	0.01%
	KMX	B	0.02%	0.2%	0.02%
	KNSL	B	0.02%	0.26%	0.02%
	KO	D	0.44%	0.07%	0.07%
	KR	B	0.07%	0.28%	0.07%
	KVUE	A	0.08%	0.09%	0.08%
	L	A	0.03%	0.39%	0.03%
	LDOS	C	0.04%	0.29%	0.04%
	LEA	D	0.01%	0.08%	0.01%
	LECO	B	0.02%	0.12%	0.02%
	LII	A	0.04%	0.03%	0.03%
	LKQ	D	0.02%	0.35%	0.02%
	LMT	D	0.21%	0.16%	0.16%
	LNC	B	0.01%	0.17%	0.01%
	LNG	B	0.09%	0.27%	0.09%
	LNW	D	0.02%	0.09%	0.02%
	LOPE	B	0.01%	0.08%	0.01%
	LOW	D	0.28%	0.15%	0.15%
	LPX	B	0.01%	0.09%	0.01%
	LRCX	F	0.17%	0.1%	0.1%
	LULU	C	0.07%	0.12%	0.07%
	LYB	F	0.04%	0.14%	0.04%
	MAN	D	0.01%	0.06%	0.01%
	MAR	B	0.12%	0.04%	0.04%
	MAS	D	0.03%	0.23%	0.03%
	MASI	A	0.01%	0.09%	0.01%
	MCK	B	0.15%	0.03%	0.03%
	MDLZ	F	0.16%	0.21%	0.16%
	MDU	D	0.01%	0.01%	0.01%
	MET	A	0.09%	0.34%	0.09%
	MHK	D	0.01%	0.12%	0.01%
	MIDD	C	0.01%	0.34%	0.01%
	MKL	A	0.04%	0.52%	0.04%
	MMC	B	0.2%	0.19%	0.19%
	MMM	D	0.13%	0.42%	0.13%
	MNST	C	0.07%	0.03%	0.03%
	MO	A	0.18%	0.42%	0.18%
	MOH	F	0.03%	0.46%	0.03%
	MORN	B	0.02%	0.08%	0.02%
	MRK	F	0.45%	0.11%	0.11%
	MRO	B	0.03%	0.48%	0.03%
	MSA	D	0.01%	0.12%	0.01%
	MSM	C	0.01%	0.29%	0.01%
	MTCH	D	0.01%	0.36%	0.01%
	MTG	C	0.01%	0.0%	0.0%
	MTN	C	0.01%	0.19%	0.01%
	MTZ	B	0.02%	0.22%	0.02%
	NBIX	C	0.02%	0.16%	0.02%
	NEU	C	0.01%	0.24%	0.01%
	NFG	A	0.01%	0.42%	0.01%
	NKE	D	0.17%	0.35%	0.17%
	NOC	D	0.13%	0.14%	0.13%
	NOV	C	0.01%	0.01%	0.01%
	NRG	B	0.04%	0.42%	0.04%
	NVST	B	0.01%	0.2%	0.01%
	NVT	B	0.02%	0.01%	0.01%
	NWL	B	0.01%	0.3%	0.01%
	NXST	C	0.01%	0.2%	0.01%
	OGN	D	0.01%	0.25%	0.01%
	OLN	D	0.01%	0.12%	0.01%
	OMC	C	0.03%	0.24%	0.03%
	ORI	A	0.02%	0.23%	0.02%
	OSK	B	0.01%	0.21%	0.01%
	OVV	B	0.02%	0.17%	0.02%
	OZK	B	0.01%	0.08%	0.01%
	PAYC	B	0.02%	0.14%	0.02%
	PEP	F	0.4%	0.19%	0.19%
	PFE	D	0.26%	0.1%	0.1%
	PG	A	0.74%	0.03%	0.03%
	PGR	A	0.28%	0.5%	0.28%
	PH	A	0.17%	0.01%	0.01%
	PII	D	0.01%	0.15%	0.01%
	PM	B	0.37%	0.06%	0.06%
	PNR	A	0.03%	0.07%	0.03%
	POOL	C	0.02%	0.03%	0.02%
	POST	C	0.01%	0.34%	0.01%
	PPC	C	0.0%	0.58%	0.0%
	PPG	F	0.05%	0.29%	0.05%
	PRI	A	0.02%	0.29%	0.02%
	PRU	A	0.08%	0.43%	0.08%
	PSN	D	0.01%	0.17%	0.01%
	PSX	C	0.1%	0.04%	0.04%
	PVH	C	0.01%	0.26%	0.01%
	PYPL	B	0.16%	0.28%	0.16%
	QCOM	F	0.33%	0.02%	0.02%
	REYN	D	0.0%	0.39%	0.0%
	RF	A	0.04%	0.01%	0.01%
	RGLD	C	0.02%	0.23%	0.02%
	RL	B	0.02%	0.08%	0.02%
	RLI	B	0.01%	0.06%	0.01%
	RMD	C	0.06%	0.09%	0.06%
	RNR	C	0.02%	0.53%	0.02%
	ROST	C	0.09%	0.06%	0.06%
	RPM	A	0.03%	0.15%	0.03%
	RRX	B	0.02%	0.3%	0.02%
	SAIC	F	0.01%	0.02%	0.01%
	SAM	C	0.01%	0.35%	0.01%
	SBAC	D	0.04%	0.11%	0.04%
	SEE	C	0.01%	0.32%	0.01%
	SIRI	C	0.01%	0.4%	0.01%
	SLB	C	0.11%	0.43%	0.11%
	SLGN	A	0.01%	0.36%	0.01%
	SMG	D	0.01%	0.44%	0.01%
	SNA	A	0.03%	0.1%	0.03%
	SNDR	B	0.0%	0.01%	0.0%
	SNV	B	0.01%	0.01%	0.01%
	SNX	C	0.02%	0.2%	0.02%
	SO	D	0.18%	0.09%	0.09%
	SOLV	C	0.02%	0.28%	0.02%
	SON	D	0.01%	0.4%	0.01%
	SPB	C	0.0%	0.01%	0.0%
	SSNC	B	0.03%	0.19%	0.03%
	ST	F	0.01%	0.11%	0.01%
	STE	F	0.04%	0.09%	0.04%
	STZ	D	0.07%	0.35%	0.07%
	SWK	D	0.02%	0.38%	0.02%
	SWKS	F	0.02%	0.24%	0.02%
	SYY	B	0.07%	0.27%	0.07%
	T	A	0.3%	0.38%	0.3%
	TAP	C	0.02%	0.38%	0.02%
	TDC	D	0.01%	0.17%	0.01%
	TDY	B	0.04%	0.08%	0.04%
	TFC	A	0.11%	0.01%	0.01%
	TFX	F	0.02%	0.09%	0.02%
	TGT	F	0.13%	0.33%	0.13%
	THC	D	0.03%	0.47%	0.03%
	THG	A	0.01%	0.46%	0.01%
	THO	B	0.01%	0.04%	0.01%
	TKO	B	0.02%	0.42%	0.02%
	TKR	D	0.01%	0.09%	0.01%
	TMUS	B	0.21%	0.21%	0.21%
	TPR	B	0.02%	0.31%	0.02%
	TPX	B	0.02%	0.17%	0.02%
	TRV	B	0.11%	0.4%	0.11%
	TSN	B	0.03%	0.4%	0.03%
	TTC	D	0.02%	0.34%	0.02%
	TTEK	F	0.02%	0.02%	0.02%
	UA	C	0.0%	0.37%	0.0%
	UHS	D	0.02%	0.31%	0.02%
	UI	A	0.0%	0.25%	0.0%
	ULTA	F	0.03%	0.07%	0.03%
	UNH	C	1.01%	0.14%	0.14%
	UNM	A	0.02%	0.38%	0.02%
	UPS	C	0.18%	0.03%	0.03%
	URI	B	0.1%	0.07%	0.07%
	USFD	A	0.03%	0.2%	0.03%
	UTHR	C	0.03%	0.19%	0.03%
	V	A	0.9%	0.02%	0.02%
	VFC	C	0.01%	0.3%	0.01%
	VLO	C	0.08%	0.27%	0.08%
	VMI	B	0.01%	0.37%	0.01%
	VRSN	F	0.03%	0.2%	0.03%
	VRT	B	0.08%	0.02%	0.02%
	VTRS	A	0.03%	0.41%	0.03%
	VZ	C	0.32%	0.45%	0.32%
	WBA	F	0.01%	0.35%	0.01%
	WCC	B	0.02%	0.21%	0.02%
	WDC	D	0.04%	0.03%	0.03%
	WEN	D	0.01%	0.07%	0.01%
	WEX	D	0.01%	0.32%	0.01%
	WFRD	D	0.01%	0.05%	0.01%
	WH	B	0.01%	0.05%	0.01%
	WRB	A	0.03%	0.34%	0.03%
	WSC	D	0.01%	0.22%	0.01%
	WSM	B	0.03%	0.14%	0.03%
	WU	D	0.01%	0.28%	0.01%
	WYNN	D	0.02%	0.13%	0.02%
	XRAY	F	0.01%	0.13%	0.01%
	YETI	C	0.01%	0.21%	0.01%
	YUM	B	0.07%	0.02%	0.02%
	ZBH	C	0.04%	0.1%	0.04%
	ZION	B	0.02%	0.01%	0.01%
	ZM	B	0.04%	0.32%	0.04%

IWB Overweight 646 Positions Relative to GVLU

	Symbol	Grade	Weight
	NVDA	C	6.14%
	AAPL	C	6.04%
	MSFT	F	5.7%
	AMZN	C	3.48%
	META	D	2.24%
	GOOGL	C	1.87%
	TSLA	B	1.65%
	BRK.A	B	1.59%
	GOOG	C	1.58%
	AVGO	D	1.38%
	JPM	A	1.3%
	LLY	F	1.1%
	XOM	B	0.99%
	MA	C	0.8%
	HD	A	0.75%
	COST	B	0.74%
	WMT	A	0.68%
	NFLX	A	0.65%
	BAC	A	0.59%
	CRM	B	0.56%
	ABBV	D	0.54%
	ORCL	B	0.53%
	WFC	A	0.48%
	CSCO	B	0.43%
	ACN	C	0.41%
	ADBE	C	0.41%
	LIN	D	0.4%
	AMD	F	0.4%
	MCD	D	0.39%
	NOW	A	0.38%
	ABT	B	0.37%
	GE	D	0.36%
	TMO	F	0.36%
	GS	A	0.35%
	INTU	C	0.35%
	IBM	C	0.35%
	TXN	C	0.34%
	ISRG	A	0.34%
	AXP	A	0.3%
	BLK	C	0.29%
	MS	A	0.29%
	NEE	D	0.29%
	SPGI	C	0.29%
	RTX	C	0.29%
	HON	B	0.28%
	AMGN	D	0.28%
	UNP	C	0.27%
	UBER	D	0.27%
	DHR	F	0.27%
	SYK	C	0.26%
	ETN	A	0.26%
	TJX	A	0.25%
	BSX	B	0.24%
	BX	A	0.24%
	C	A	0.24%
	PLTR	B	0.24%
	ADP	B	0.23%
	PANW	C	0.22%
	VRTX	F	0.22%
	SCHW	B	0.22%
	FI	A	0.22%
	SBUX	A	0.21%
	MDT	D	0.21%
	MU	D	0.2%
	DE	A	0.19%
	KKR	A	0.19%
	ADI	D	0.19%
	INTC	D	0.19%
	PLD	D	0.19%
	BA	F	0.18%
	ANET	C	0.18%
	GEV	B	0.17%
	TT	A	0.17%
	EQIX	A	0.16%
	APO	B	0.16%
	DUK	C	0.16%
	WM	A	0.16%
	ICE	C	0.16%
	SHW	A	0.16%
	CDNS	B	0.15%
	REGN	F	0.15%
	SNPS	B	0.15%
	CMG	B	0.15%
	ZTS	D	0.15%
	MSI	B	0.15%
	WELL	A	0.15%
	PNC	B	0.15%
	APH	A	0.15%
	AON	A	0.14%
	CTAS	B	0.14%
	MCO	B	0.14%
	MRVL	B	0.14%
	APP	B	0.14%
	CRWD	B	0.14%
	USB	A	0.14%
	GD	F	0.14%
	TDG	D	0.13%
	WMB	A	0.13%
	COF	B	0.13%
	APD	A	0.13%
	ORLY	B	0.13%
	EMR	A	0.13%
	CARR	D	0.12%
	AJG	B	0.12%
	OKE	A	0.12%
	ADSK	A	0.12%
	CRH	A	0.12%
	PCAR	B	0.11%
	ABNB	C	0.11%
	BK	A	0.11%
	DLR	B	0.11%
	SPG	B	0.11%
	SRE	A	0.11%
	ROP	B	0.11%
	DASH	A	0.11%
	NSC	B	0.11%
	FTNT	C	0.11%
	COIN	C	0.11%
	HLT	A	0.11%
	FCX	D	0.11%
	TTD	B	0.1%
	KMI	A	0.1%
	PSA	D	0.1%
	MSTR	C	0.1%
	FICO	B	0.1%
	WDAY	B	0.1%
	RCL	A	0.1%
	MPC	D	0.1%
	AMP	A	0.1%
	LHX	C	0.09%
	FAST	B	0.09%
	PWR	A	0.09%
	NEM	D	0.09%
	SQ	B	0.09%
	DHI	D	0.09%
	VST	B	0.09%
	AIG	B	0.09%
	CPRT	A	0.09%
	O	D	0.09%
	FIS	C	0.09%
	AEP	D	0.09%
	HES	B	0.08%
	ODFL	B	0.08%
	RSG	A	0.08%
	TRGP	B	0.08%
	AXON	A	0.08%
	EA	A	0.08%
	F	C	0.08%
	DFS	B	0.08%
	PEG	A	0.08%
	AME	A	0.08%
	PCG	A	0.08%
	CCI	D	0.08%
	HWM	A	0.08%
	MSCI	C	0.08%
	PAYX	C	0.08%
	GLW	B	0.07%
	MLM	B	0.07%
	MTB	A	0.07%
	DELL	C	0.07%
	VMC	B	0.07%
	A	D	0.07%
	DDOG	A	0.07%
	TEAM	A	0.07%
	CTSH	B	0.07%
	XEL	A	0.07%
	EXC	C	0.07%
	IT	C	0.07%
	SNOW	C	0.07%
	OTIS	C	0.07%
	CBRE	B	0.07%
	VRSK	A	0.07%
	LEN	D	0.07%
	FERG	B	0.07%
	RJF	A	0.06%
	DXCM	D	0.06%
	EFX	F	0.06%
	ARES	A	0.06%
	TTWO	A	0.06%
	DOW	F	0.06%
	WEC	A	0.06%
	VEEV	C	0.06%
	ETR	B	0.06%
	EIX	B	0.06%
	WTW	B	0.06%
	GRMN	B	0.06%
	NDAQ	A	0.06%
	AVB	B	0.06%
	ROK	B	0.06%
	HUBS	A	0.06%
	VICI	C	0.06%
	MCHP	D	0.06%
	OXY	D	0.06%
	FANG	D	0.06%
	IRM	D	0.06%
	ED	D	0.06%
	WAB	B	0.06%
	DD	D	0.06%
	EXR	D	0.06%
	IQV	D	0.06%
	IDXX	F	0.06%
	NUE	C	0.06%
	CCL	B	0.05%
	PPL	B	0.05%
	DTE	C	0.05%
	MTD	D	0.05%
	EQT	B	0.05%
	TYL	B	0.05%
	VLTO	D	0.05%
	VTR	C	0.05%
	SYF	B	0.05%
	TPL	A	0.05%
	RBLX	C	0.05%
	GDDY	A	0.05%
	NVR	D	0.05%
	TROW	B	0.05%
	AWK	D	0.05%
	CVNA	B	0.05%
	KEYS	A	0.05%
	FTV	C	0.05%
	BRO	B	0.05%
	FCNCA	A	0.05%
	PHM	D	0.05%
	CHD	B	0.05%
	DECK	A	0.05%
	SW	A	0.05%
	MPWR	F	0.05%
	NET	B	0.05%
	DOV	A	0.05%
	ON	D	0.05%
	EQR	B	0.05%
	CPNG	D	0.05%
	CSGP	D	0.05%
	STT	A	0.05%
	ANSS	B	0.05%
	XYL	D	0.05%
	TSCO	D	0.05%
	ALNY	D	0.05%
	UAL	A	0.05%
	ESS	B	0.04%
	COO	D	0.04%
	CNP	B	0.04%
	LUV	C	0.04%
	ZBRA	B	0.04%
	LH	C	0.04%
	MDB	C	0.04%
	PFG	D	0.04%
	FSLR	F	0.04%
	CMS	C	0.04%
	LYV	A	0.04%
	INVH	D	0.04%
	STLD	B	0.04%
	PKG	A	0.04%
	WAT	B	0.04%
	CFG	B	0.04%
	NTRS	A	0.04%
	HOOD	B	0.04%
	EXE	B	0.04%
	ILMN	D	0.04%
	ES	D	0.04%
	ATO	A	0.04%
	WBD	C	0.04%
	WY	D	0.04%
	PTC	A	0.04%
	WST	C	0.04%
	LPLA	A	0.04%
	HUBB	B	0.04%
	CDW	F	0.04%
	FE	C	0.04%
	DVN	F	0.04%
	AEE	A	0.04%
	NTAP	C	0.04%
	REG	B	0.03%
	ROL	B	0.03%
	SOFI	A	0.03%
	SAIA	B	0.03%
	AVTR	F	0.03%
	EVRG	A	0.03%
	EWBC	A	0.03%
	NDSN	B	0.03%
	UDR	B	0.03%
	ENTG	D	0.03%
	AMCR	D	0.03%
	EL	F	0.03%
	DOC	D	0.03%
	PSTG	D	0.03%
	CASY	A	0.03%
	DPZ	C	0.03%
	TW	A	0.03%
	GGG	B	0.03%
	RGA	A	0.03%
	SUI	D	0.03%
	DT	C	0.03%
	EQH	B	0.03%
	TOL	B	0.03%
	LNT	A	0.03%
	FIX	A	0.03%
	FNF	B	0.03%
	TXT	D	0.03%
	GWRE	A	0.03%
	DOCU	A	0.03%
	TER	D	0.03%
	NI	A	0.03%
	KIM	A	0.03%
	NTRA	B	0.03%
	MANH	D	0.03%
	OC	A	0.03%
	TWLO	A	0.03%
	ALGN	D	0.03%
	FWONK	B	0.03%
	XPO	B	0.03%
	HEI	B	0.03%
	EXPD	D	0.03%
	NTNX	A	0.03%
	BURL	A	0.03%
	PINS	D	0.03%
	LVS	C	0.03%
	GPC	D	0.03%
	TRMB	B	0.03%
	IEX	B	0.03%
	KEY	B	0.03%
	RS	B	0.03%
	WSO	A	0.03%
	DKNG	B	0.03%
	PODD	C	0.03%
	TOST	B	0.03%
	ARE	D	0.03%
	ZS	C	0.03%
	TRU	D	0.03%
	MAA	B	0.03%
	MKC	D	0.03%
	IBKR	A	0.03%
	CFR	B	0.02%
	G	B	0.02%
	SEIC	B	0.02%
	APA	D	0.02%
	CNM	D	0.02%
	EGP	F	0.02%
	RIVN	F	0.02%
	PLNT	A	0.02%
	HRB	D	0.02%
	VOYA	B	0.02%
	WTFC	A	0.02%
	CHE	D	0.02%
	CR	A	0.02%
	MOS	F	0.02%
	FYBR	D	0.02%
	GLOB	B	0.02%
	NYT	C	0.02%
	CBSH	A	0.02%
	ITCI	C	0.02%
	PEN	B	0.02%
	KNX	B	0.02%
	BILL	A	0.02%
	PCTY	B	0.02%
	MGM	D	0.02%
	OGE	B	0.02%
	ROKU	D	0.02%
	AR	B	0.02%
	RBC	A	0.02%
	BRX	A	0.02%
	REXR	F	0.02%
	EXAS	D	0.02%
	GMED	A	0.02%
	FBIN	D	0.02%
	AAON	B	0.02%
	SMCI	F	0.02%
	CMA	A	0.02%
	WMS	D	0.02%
	FRT	B	0.02%
	WING	D	0.02%
	CNH	C	0.02%
	SRPT	D	0.02%
	HLI	B	0.02%
	PNFP	B	0.02%
	CRL	C	0.02%
	WAL	B	0.02%
	CHDN	B	0.02%
	EHC	B	0.02%
	PR	B	0.02%
	LBRDK	C	0.02%
	MKTX	D	0.02%
	WTRG	B	0.02%
	ALLY	C	0.02%
	OHI	C	0.02%
	AES	F	0.02%
	MUSA	A	0.02%
	EXP	A	0.02%
	NLY	C	0.02%
	GME	C	0.02%
	DTM	B	0.02%
	RPRX	D	0.02%
	WWD	B	0.02%
	LAD	A	0.02%
	CACI	D	0.02%
	WBS	A	0.02%
	PNW	B	0.02%
	TECH	D	0.02%
	CAVA	B	0.02%
	CUBE	D	0.02%
	EVR	B	0.02%
	CTLT	B	0.02%
	FND	C	0.02%
	NWSA	B	0.02%
	SJM	D	0.02%
	ATR	B	0.02%
	CG	A	0.02%
	LW	C	0.02%
	LAMR	D	0.02%
	DAY	B	0.02%
	DUOL	A	0.02%
	FHN	A	0.02%
	OWL	A	0.02%
	NCLH	B	0.02%
	SF	B	0.02%
	Z	A	0.02%
	BWXT	B	0.02%
	OKTA	C	0.02%
	BMRN	D	0.02%
	MRNA	F	0.02%
	HEI	B	0.02%
	ALB	C	0.02%
	HST	C	0.02%
	SCI	B	0.02%
	WPC	D	0.02%
	BXP	D	0.02%
	COHR	B	0.02%
	CPT	B	0.02%
	JLL	D	0.02%
	ITT	A	0.02%
	GLPI	C	0.02%
	AMH	D	0.02%
	CHRW	C	0.02%
	BG	F	0.02%
	CLH	B	0.02%
	PFGC	B	0.02%
	DLTR	F	0.02%
	JEF	A	0.02%
	ELS	C	0.02%
	AKAM	D	0.02%
	TXRH	C	0.02%
	AFRM	B	0.02%
	RVTY	F	0.02%
	CW	B	0.02%
	APLS	D	0.01%
	CACC	D	0.01%
	FIVN	C	0.01%
	CC	C	0.01%
	AMKR	D	0.01%
	PAG	B	0.01%
	AMED	F	0.01%
	ECG	C	0.01%
	VIRT	B	0.01%
	NSA	D	0.01%
	LLYVK	A	0.01%
	PK	B	0.01%
	SNRE	D	0.01%
	RNG	B	0.01%
	AMTM	D	0.01%
	ZI	D	0.01%
	EPR	D	0.01%
	PENN	C	0.01%
	VAC	B	0.01%
	HUN	F	0.01%
	BHF	B	0.01%
	ZG	A	0.01%
	NCNO	B	0.01%
	IAC	D	0.01%
	ACHC	F	0.01%
	HIW	D	0.01%
	FHB	A	0.01%
	SPR	D	0.01%
	TNL	A	0.01%
	W	F	0.01%
	PRGO	B	0.01%
	NWS	B	0.01%
	DNB	B	0.01%
	RARE	D	0.01%
	LINE	F	0.01%
	PEGA	A	0.01%
	DLB	B	0.01%
	WLK	D	0.01%
	MSGS	A	0.01%
	M	D	0.01%
	CHH	A	0.01%
	RYN	D	0.01%
	KRC	C	0.01%
	CELH	F	0.01%
	RH	B	0.01%
	CUZ	B	0.01%
	FIVE	F	0.01%
	HCP	B	0.01%
	ROIV	C	0.01%
	WTM	A	0.01%
	HXL	D	0.01%
	AL	B	0.01%
	APPF	B	0.01%
	UGI	A	0.01%
	U	C	0.01%
	CIVI	D	0.01%
	BROS	B	0.01%
	INSP	D	0.01%
	VNOM	A	0.01%
	VKTX	F	0.01%
	CCCS	B	0.01%
	IONS	F	0.01%
	TPG	A	0.01%
	SLM	A	0.01%
	RITM	C	0.01%
	PATH	C	0.01%
	VVV	F	0.01%
	LITE	B	0.01%
	BC	C	0.01%
	BRKR	D	0.01%
	FOX	A	0.01%
	JHG	A	0.01%
	OLLI	D	0.01%
	LFUS	F	0.01%
	IDA	A	0.01%
	STWD	C	0.01%
	VNT	B	0.01%
	BFAM	D	0.01%
	AMG	B	0.01%
	WHR	B	0.01%
	LAZ	B	0.01%
	FNB	A	0.01%
	DOCS	C	0.01%
	UHAL	D	0.01%
	BEN	C	0.01%
	COLD	D	0.01%
	FOUR	B	0.01%
	PARA	C	0.01%
	QRVO	F	0.01%
	MAT	D	0.01%
	ESI	A	0.01%
	LYFT	C	0.01%
	ELF	C	0.01%
	SITE	D	0.01%
	OMF	A	0.01%
	IVZ	B	0.01%
	LSTR	D	0.01%
	BSY	D	0.01%
	CFLT	B	0.01%
	AZPN	A	0.01%
	AWI	A	0.01%
	HR	C	0.01%
	FAF	A	0.01%
	SN	D	0.01%
	BPOP	B	0.01%
	STAG	F	0.01%
	LSCC	D	0.01%
	MTDR	B	0.01%
	GXO	B	0.01%
	CGNX	C	0.01%
	MTSI	B	0.01%
	ALK	C	0.01%
	R	B	0.01%
	FR	C	0.01%
	MKSI	C	0.01%
	FRPT	B	0.01%
	ESTC	C	0.01%
	RGEN	D	0.01%
	ESAB	B	0.01%
	GTLB	B	0.01%
	AGNC	D	0.01%
	S	B	0.01%
	VNO	B	0.01%
	CART	C	0.01%
	PCOR	B	0.01%
	RYAN	B	0.01%
	TREX	C	0.01%
	KEX	C	0.01%
	PB	A	0.01%
	SMAR	A	0.01%
	HII	D	0.01%
	ADC	B	0.01%
	RHI	B	0.01%
	OLED	D	0.01%
	SSD	D	0.01%
	ONTO	D	0.01%
	NNN	D	0.01%
	RRC	B	0.01%
	ENPH	F	0.01%
	MEDP	D	0.01%
	CHRD	D	0.01%
	SKX	D	0.01%
	X	C	0.01%
	KBR	F	0.01%
	PLTK	B	0.0%
	SEG	B	0.0%
	PARAA	B	0.0%
	GRAL	C	0.0%
	UWMC	D	0.0%
	SEB	F	0.0%
	NFE	D	0.0%
	UHAL	D	0.0%
	WOLF	F	0.0%
	LOAR	A	0.0%
	TFSL	A	0.0%
	CWEN	C	0.0%
	AS	B	0.0%
	CERT	F	0.0%
	PYCR	C	0.0%
	LLYVA	A	0.0%
	TXG	F	0.0%
	TRIP	F	0.0%
	LBRDA	C	0.0%
	INFA	D	0.0%
	DJT	C	0.0%
	LEG	F	0.0%
	GO	C	0.0%
	QS	F	0.0%
	CNXC	F	0.0%
	CLVT	F	0.0%
	FTRE	D	0.0%
	CAR	C	0.0%
	BIRK	D	0.0%
	LEN	D	0.0%
	FWONA	B	0.0%
	RKT	F	0.0%
	ALAB	B	0.0%
	QDEL	F	0.0%
	VSTS	C	0.0%
	UAA	C	0.0%
	CRI	D	0.0%
	KSS	F	0.0%
	LCID	F	0.0%
	LBTYA	B	0.0%
	LBTYK	A	0.0%
	SHC	F	0.0%
	RCM	F	0.0%
	ADT	C	0.0%
	AAP	C	0.0%
	AZTA	D	0.0%
	CWEN	C	0.0%
	PINC	B	0.0%
	ALGM	D	0.0%
	MP	B	0.0%
	CPRI	F	0.0%
	AGR	B	0.0%
	MPW	F	0.0%
	ENOV	C	0.0%
	BOKF	B	0.0%
	DV	C	0.0%
	HHH	B	0.0%
	CXT	B	0.0%

IWB Underweight 102 Positions Relative to GVLU

	Symbol	Grade	Weight
	IDCC	A	-0.48%
	ESGR	B	-0.46%
	SKYW	B	-0.45%
	ALKS	B	-0.45%
	KTB	B	-0.44%
	PLXS	B	-0.44%
	WHD	B	-0.41%
	URBN	C	-0.4%
	OPCH	D	-0.39%
	LNTH	D	-0.39%
	SLVM	B	-0.38%
	ABM	B	-0.38%
	PRIM	A	-0.37%
	MMS	F	-0.37%
	DORM	B	-0.36%
	ADTN	A	-0.36%
	CHX	C	-0.34%
	ASO	F	-0.34%
	ANF	C	-0.33%
	GFF	A	-0.33%
	CNK	B	-0.33%
	SMPL	B	-0.33%
	GOLF	B	-0.33%
	FTDR	A	-0.32%
	CBT	C	-0.31%
	HP	B	-0.3%
	MWA	B	-0.29%
	AVNT	B	-0.27%
	CMC	B	-0.27%
	OTEX	D	-0.26%
	NSIT	F	-0.26%
	SEM	B	-0.26%
	CALM	A	-0.25%
	LCII	C	-0.25%
	BCO	D	-0.25%
	POWL	C	-0.25%
	ATGE	B	-0.24%
	MCY	A	-0.24%
	GVA	A	-0.22%
	TAC	B	-0.22%
	ASGN	F	-0.22%
	SM	B	-0.22%
	NOG	A	-0.22%
	PAYO	A	-0.21%
	QGEN	D	-0.21%
	LRN	A	-0.21%
	BRC	D	-0.21%
	FELE	B	-0.2%
	FUL	F	-0.2%
	CEIX	A	-0.17%
	PBH	A	-0.17%
	SXT	B	-0.17%
	LTH	C	-0.16%
	GTLS	B	-0.16%
	UNF	B	-0.16%
	KFY	B	-0.16%
	KWR	C	-0.15%
	WMG	C	-0.13%
	LEVI	F	-0.13%
	CNO	A	-0.12%
	ACIW	B	-0.12%
	MATX	C	-0.12%
	SANM	B	-0.12%
	IGT	F	-0.11%
	HUBG	A	-0.11%
	IBOC	A	-0.11%
	TGNA	B	-0.11%
	FN	D	-0.11%
	TEX	D	-0.11%
	USM	B	-0.1%
	ACT	D	-0.1%
	LBRT	D	-0.09%
	ACLS	F	-0.09%
	AMR	C	-0.09%
	PTEN	C	-0.09%
	ICFI	F	-0.09%
	ATKR	C	-0.08%
	HALO	F	-0.06%
	IOSP	B	-0.06%
	ICUI	D	-0.05%
	RBA	A	-0.05%
	WOR	F	-0.05%
	VRRM	D	-0.05%
	WFG	D	-0.04%
	JJSF	B	-0.04%
	MTX	B	-0.04%
	SHOO	D	-0.04%
	UFPI	B	-0.04%
	FIZZ	C	-0.03%
	CATY	B	-0.02%
	ABG	B	-0.02%
	MUR	D	-0.02%
	IBP	D	-0.01%
	IESC	B	-0.01%
	AEO	F	-0.01%
	ONB	B	-0.01%
	SWX	B	-0.01%
	IFS	B	-0.01%
	FULT	A	-0.0%
	BOOT	D	-0.0%
	VLY	B	-0.0%
	CSWI	A	-0.0%

IWB: Top Represented Industries & Keywords

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

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

GVLU: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Banks - Regional - US Engineering & Construction Medical Instruments & Supplies Packaging & Containers Oil & Gas E&P Oil & Gas Equipment & Services Specialty Retail Telecom Services Apparel Manufacturing Apparel Stores Insurance - Life Auto Parts Biotechnology Building Materials Health Care Plans

Keywords: S&P 500 Insurance Nasdaq 100 Mining Natural Gas Chemical Electronics Bank Insurance Products Computing Construction Telecommunications Aerospace Banking Clothing Medicine Retail Store Beverage E-Commerce Oil And Gas