IWD vs. CFO ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO)

IWD

iShares Russell 1000 Value ETF

IWD Description

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

Grade (RS Rating)

Last Trade

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

CFO

Compass EMP US 500 Enhanced Volatility Weighted Index ETF

CFO Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index is an unmanaged index that consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges with consistent positive earnings and weighted based on the volatility of each stock. Under normal market conditions, the fund invests at least 80% of its assets in the securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$73.21

Average Daily Volume

10,127

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	IWD	CFO
30 Days	3.53%	4.74%
60 Days	4.90%	5.72%
90 Days	6.95%	8.14%
12 Months	29.54%	27.88%

402 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in CFO	Overlap
	A	D	0.15%	0.16%	0.15%
	ABBV	D	0.65%	0.21%	0.21%
	ABT	B	0.78%	0.26%	0.26%
	ACGL	D	0.14%	0.2%	0.14%
	ACM	A	0.06%	0.23%	0.06%
	ACN	C	0.86%	0.21%	0.21%
	ADI	D	0.4%	0.13%	0.13%
	ADM	D	0.1%	0.11%	0.1%
	ADP	B	0.03%	0.35%	0.03%
	AEE	A	0.09%	0.25%	0.09%
	AEP	D	0.2%	0.23%	0.2%
	AES	F	0.04%	0.11%	0.04%
	AFG	A	0.04%	0.27%	0.04%
	AFL	B	0.24%	0.22%	0.22%
	AIG	B	0.19%	0.23%	0.19%
	AJG	B	0.23%	0.25%	0.23%
	AKAM	D	0.05%	0.15%	0.05%
	ALGN	D	0.03%	0.11%	0.03%
	ALL	A	0.17%	0.23%	0.17%
	ALLE	D	0.05%	0.21%	0.05%
	ALLY	C	0.03%	0.12%	0.03%
	AMAT	F	0.04%	0.11%	0.04%
	AMD	F	0.29%	0.09%	0.09%
	AME	A	0.17%	0.25%	0.17%
	AMGN	D	0.13%	0.16%	0.13%
	AMP	A	0.02%	0.32%	0.02%
	AON	A	0.29%	0.23%	0.23%
	AOS	F	0.03%	0.17%	0.03%
	APD	A	0.27%	0.18%	0.18%
	APH	A	0.14%	0.2%	0.14%
	APO	B	0.08%	0.22%	0.08%
	APTV	D	0.06%	0.09%	0.06%
	ATO	A	0.08%	0.34%	0.08%
	AVTR	F	0.05%	0.12%	0.05%
	AVY	D	0.04%	0.25%	0.04%
	AWK	D	0.1%	0.21%	0.1%
	AXP	A	0.39%	0.23%	0.23%
	AZO	C	0.02%	0.22%	0.02%
	BAC	A	1.23%	0.23%	0.23%
	BBY	D	0.08%	0.12%	0.08%
	BDX	F	0.25%	0.24%	0.24%
	BG	F	0.05%	0.17%	0.05%
	BIIB	F	0.09%	0.14%	0.09%
	BK	A	0.22%	0.3%	0.22%
	BKNG	A	0.04%	0.22%	0.04%
	BKR	B	0.17%	0.23%	0.17%
	BLD	D	0.04%	0.1%	0.04%
	BLDR	D	0.07%	0.1%	0.07%
	BLK	C	0.6%	0.29%	0.29%
	BMRN	D	0.05%	0.13%	0.05%
	BR	A	0.01%	0.26%	0.01%
	BRK.A	B	3.35%	0.34%	0.34%
	BRO	B	0.06%	0.26%	0.06%
	BSX	B	0.5%	0.29%	0.29%
	C	A	0.51%	0.21%	0.21%
	CAG	D	0.05%	0.19%	0.05%
	CAH	B	0.05%	0.23%	0.05%
	CARR	D	0.24%	0.16%	0.16%
	CASY	A	0.05%	0.18%	0.05%
	CAT	B	0.63%	0.2%	0.2%
	CB	C	0.45%	0.28%	0.28%
	CBOE	B	0.08%	0.22%	0.08%
	CBRE	B	0.16%	0.19%	0.16%
	CDW	F	0.05%	0.15%	0.05%
	CE	F	0.02%	0.1%	0.02%
	CEG	D	0.23%	0.11%	0.11%
	CF	B	0.06%	0.18%	0.06%
	CFG	B	0.08%	0.17%	0.08%
	CHD	B	0.1%	0.31%	0.1%
	CHRW	C	0.05%	0.15%	0.05%
	CHTR	C	0.14%	0.13%	0.13%
	CI	F	0.32%	0.22%	0.22%
	CINF	A	0.09%	0.25%	0.09%
	CL	D	0.13%	0.28%	0.13%
	CLH	B	0.05%	0.2%	0.05%
	CMCSA	B	0.64%	0.24%	0.24%
	CME	A	0.32%	0.28%	0.28%
	CMI	A	0.19%	0.22%	0.19%
	CMS	C	0.08%	0.27%	0.08%
	CNC	D	0.12%	0.13%	0.12%
	CNP	B	0.08%	0.24%	0.08%
	COF	B	0.27%	0.23%	0.23%
	COIN	C	0.04%	0.09%	0.04%
	COKE	C	0.03%	0.12%	0.03%
	COP	C	0.51%	0.24%	0.24%
	CPB	D	0.03%	0.2%	0.03%
	CPRT	A	0.01%	0.27%	0.01%
	CRM	B	0.18%	0.17%	0.17%
	CSCO	B	0.91%	0.29%	0.29%
	CSGP	D	0.11%	0.16%	0.11%
	CSL	C	0.07%	0.19%	0.07%
	CSX	B	0.27%	0.29%	0.27%
	CTAS	B	0.01%	0.26%	0.01%
	CTRA	B	0.07%	0.22%	0.07%
	CTSH	B	0.15%	0.24%	0.15%
	CTVA	C	0.15%	0.15%	0.15%
	CVNA	B	0.07%	0.08%	0.07%
	CVS	D	0.26%	0.14%	0.14%
	CVX	A	1.08%	0.27%	0.27%
	CW	B	0.05%	0.27%	0.05%
	D	C	0.19%	0.2%	0.19%
	DAL	C	0.16%	0.23%	0.16%
	DD	D	0.13%	0.17%	0.13%
	DE	A	0.39%	0.2%	0.2%
	DELL	C	0.12%	0.08%	0.08%
	DG	F	0.06%	0.09%	0.06%
	DGX	A	0.07%	0.23%	0.07%
	DHI	D	0.19%	0.12%	0.12%
	DHR	F	0.58%	0.18%	0.18%
	DIS	B	0.82%	0.21%	0.21%
	DKS	C	0.04%	0.1%	0.04%
	DOV	A	0.11%	0.25%	0.11%
	DOW	F	0.12%	0.2%	0.12%
	DPZ	C	0.04%	0.17%	0.04%
	DRI	B	0.04%	0.24%	0.04%
	DTE	C	0.1%	0.23%	0.1%
	DUK	C	0.34%	0.29%	0.29%
	DVN	F	0.09%	0.18%	0.09%
	EA	A	0.17%	0.29%	0.17%
	EBAY	D	0.12%	0.2%	0.12%
	ECL	D	0.03%	0.23%	0.03%
	ED	D	0.13%	0.26%	0.13%
	EFX	F	0.09%	0.14%	0.09%
	EG	C	0.05%	0.18%	0.05%
	EIX	B	0.12%	0.23%	0.12%
	EL	F	0.04%	0.09%	0.04%
	ELV	F	0.3%	0.18%	0.18%
	EME	C	0.05%	0.2%	0.05%
	EMN	D	0.05%	0.21%	0.05%
	EMR	A	0.28%	0.22%	0.22%
	EOG	A	0.3%	0.23%	0.23%
	EPAM	C	0.05%	0.13%	0.05%
	EQT	B	0.09%	0.19%	0.09%
	ETN	A	0.56%	0.2%	0.2%
	ETR	B	0.12%	0.31%	0.12%
	EVRG	A	0.06%	0.28%	0.06%
	EW	C	0.13%	0.1%	0.1%
	EWBC	A	0.06%	0.21%	0.06%
	EXC	C	0.15%	0.21%	0.15%
	EXPD	D	0.06%	0.22%	0.06%
	F	C	0.17%	0.12%	0.12%
	FANG	D	0.13%	0.17%	0.13%
	FAST	B	0.03%	0.26%	0.03%
	FCNCA	A	0.1%	0.17%	0.1%
	FCX	D	0.24%	0.13%	0.13%
	FDS	B	0.05%	0.25%	0.05%
	FDX	B	0.26%	0.15%	0.15%
	FE	C	0.09%	0.26%	0.09%
	FFIV	B	0.05%	0.22%	0.05%
	FI	A	0.32%	0.34%	0.32%
	FICO	B	0.03%	0.2%	0.03%
	FIS	C	0.19%	0.22%	0.19%
	FITB	A	0.12%	0.19%	0.12%
	FND	C	0.03%	0.11%	0.03%
	FNF	B	0.06%	0.2%	0.06%
	FOXA	B	0.04%	0.26%	0.04%
	FSLR	F	0.08%	0.08%	0.08%
	FTNT	C	0.04%	0.14%	0.04%
	FTV	C	0.1%	0.22%	0.1%
	GD	F	0.31%	0.29%	0.29%
	GE	D	0.59%	0.17%	0.17%
	GEHC	F	0.13%	0.15%	0.13%
	GEN	B	0.06%	0.17%	0.06%
	GEV	B	0.35%	0.15%	0.15%
	GGG	B	0.06%	0.27%	0.06%
	GILD	C	0.43%	0.21%	0.21%
	GIS	D	0.14%	0.21%	0.14%
	GLW	B	0.14%	0.19%	0.14%
	GM	B	0.25%	0.19%	0.19%
	GPC	D	0.07%	0.17%	0.07%
	GPN	B	0.12%	0.17%	0.12%
	GRMN	B	0.13%	0.21%	0.13%
	GS	A	0.53%	0.24%	0.24%
	GWW	B	0.03%	0.27%	0.03%
	H	B	0.02%	0.19%	0.02%
	HAL	C	0.1%	0.18%	0.1%
	HBAN	A	0.1%	0.21%	0.1%
	HCA	F	0.19%	0.17%	0.17%
	HD	A	0.32%	0.25%	0.25%
	HIG	B	0.13%	0.25%	0.13%
	HII	D	0.03%	0.14%	0.03%
	HLT	A	0.12%	0.29%	0.12%
	HOLX	D	0.07%	0.28%	0.07%
	HON	B	0.49%	0.33%	0.33%
	HOOD	B	0.08%	0.13%	0.08%
	HPE	B	0.11%	0.15%	0.11%
	HPQ	B	0.11%	0.15%	0.11%
	HRL	D	0.03%	0.16%	0.03%
	HSY	F	0.08%	0.2%	0.08%
	HUBB	B	0.09%	0.17%	0.09%
	HUM	C	0.13%	0.11%	0.11%
	HWM	A	0.17%	0.16%	0.16%
	IBKR	A	0.07%	0.28%	0.07%
	IBM	C	0.73%	0.21%	0.21%
	ICE	C	0.34%	0.3%	0.3%
	IEX	B	0.07%	0.27%	0.07%
	INCY	C	0.04%	0.22%	0.04%
	INTC	D	0.4%	0.1%	0.1%
	IP	B	0.08%	0.18%	0.08%
	IPG	D	0.04%	0.2%	0.04%
	IQV	D	0.12%	0.12%	0.12%
	IR	B	0.16%	0.2%	0.16%
	ITT	A	0.05%	0.2%	0.05%
	ITW	B	0.2%	0.33%	0.2%
	J	F	0.07%	0.23%	0.07%
	JBHT	C	0.06%	0.18%	0.06%
	JBL	B	0.05%	0.14%	0.05%
	JCI	C	0.22%	0.21%	0.21%
	JEF	A	0.04%	0.24%	0.04%
	JKHY	D	0.05%	0.25%	0.05%
	JLL	D	0.03%	0.15%	0.03%
	JNJ	D	1.45%	0.27%	0.27%
	JPM	A	2.74%	0.26%	0.26%
	KDP	D	0.14%	0.25%	0.14%
	KEY	B	0.07%	0.16%	0.07%
	KEYS	A	0.1%	0.15%	0.1%
	KHC	F	0.11%	0.21%	0.11%
	KKR	A	0.28%	0.18%	0.18%
	KMB	D	0.1%	0.22%	0.1%
	KMI	A	0.21%	0.35%	0.21%
	KMX	B	0.04%	0.12%	0.04%
	KO	D	0.4%	0.33%	0.33%
	KR	B	0.15%	0.25%	0.15%
	KVUE	A	0.18%	0.18%	0.18%
	L	A	0.06%	0.32%	0.06%
	LDOS	C	0.08%	0.28%	0.08%
	LEN	D	0.16%	0.14%	0.14%
	LEN	D	0.01%	0.14%	0.01%
	LH	C	0.08%	0.21%	0.08%
	LHX	C	0.18%	0.28%	0.18%
	LIN	D	0.84%	0.3%	0.3%
	LMT	D	0.3%	0.3%	0.3%
	LNG	B	0.09%	0.3%	0.09%
	LNT	A	0.06%	0.26%	0.06%
	LOW	D	0.6%	0.22%	0.22%
	LUV	C	0.08%	0.13%	0.08%
	LYB	F	0.08%	0.21%	0.08%
	MAR	B	0.25%	0.27%	0.25%
	MAS	D	0.07%	0.18%	0.07%
	MCD	D	0.77%	0.27%	0.27%
	MCHP	D	0.13%	0.1%	0.1%
	MCK	B	0.17%	0.24%	0.17%
	MDLZ	F	0.34%	0.25%	0.25%
	MDT	D	0.44%	0.25%	0.25%
	MET	A	0.19%	0.26%	0.19%
	MGM	D	0.03%	0.14%	0.03%
	MKC	D	0.07%	0.18%	0.07%
	MKL	A	0.07%	0.25%	0.07%
	MLM	B	0.13%	0.22%	0.13%
	MMC	B	0.37%	0.3%	0.3%
	MMM	D	0.23%	0.12%	0.12%
	MNST	C	0.03%	0.25%	0.03%
	MO	A	0.37%	0.26%	0.26%
	MOH	F	0.02%	0.13%	0.02%
	MPC	D	0.22%	0.14%	0.14%
	MS	A	0.57%	0.26%	0.26%
	MSCI	C	0.07%	0.16%	0.07%
	MSI	B	0.16%	0.31%	0.16%
	MTB	A	0.14%	0.22%	0.14%
	MTD	D	0.1%	0.12%	0.1%
	NDAQ	A	0.13%	0.25%	0.13%
	NDSN	B	0.06%	0.21%	0.06%
	NEE	D	0.61%	0.16%	0.16%
	NI	A	0.06%	0.31%	0.06%
	NKE	D	0.14%	0.12%	0.12%
	NOC	D	0.27%	0.24%	0.24%
	NRG	B	0.04%	0.15%	0.04%
	NSC	B	0.23%	0.18%	0.18%
	NTAP	C	0.05%	0.14%	0.05%
	NTRS	A	0.08%	0.23%	0.08%
	NUE	C	0.14%	0.17%	0.14%
	NVR	D	0.1%	0.19%	0.1%
	NWSA	B	0.04%	0.22%	0.04%
	OC	A	0.07%	0.18%	0.07%
	OKE	A	0.25%	0.3%	0.25%
	OMC	C	0.07%	0.24%	0.07%
	ON	D	0.11%	0.08%	0.08%
	ORLY	B	0.02%	0.26%	0.02%
	OTIS	C	0.16%	0.28%	0.16%
	OVV	B	0.04%	0.18%	0.04%
	OXY	D	0.13%	0.2%	0.13%
	PAG	B	0.01%	0.18%	0.01%
	PAYX	C	0.11%	0.27%	0.11%
	PCAR	B	0.22%	0.23%	0.22%
	PCG	A	0.17%	0.27%	0.17%
	PEG	A	0.17%	0.29%	0.17%
	PEP	F	0.18%	0.26%	0.18%
	PFG	D	0.08%	0.26%	0.08%
	PFGC	B	0.04%	0.22%	0.04%
	PG	A	1.21%	0.3%	0.3%
	PGR	A	0.09%	0.23%	0.09%
	PH	A	0.35%	0.2%	0.2%
	PHM	D	0.1%	0.15%	0.1%
	PKG	A	0.08%	0.28%	0.08%
	PM	B	0.78%	0.3%	0.3%
	PNC	B	0.32%	0.21%	0.21%
	PPG	F	0.11%	0.25%	0.11%
	PPL	B	0.1%	0.3%	0.1%
	PR	B	0.03%	0.17%	0.03%
	PRU	A	0.18%	0.22%	0.18%
	PSTG	D	0.01%	0.09%	0.01%
	PSX	C	0.21%	0.17%	0.17%
	PTC	A	0.03%	0.24%	0.03%
	PWR	A	0.13%	0.17%	0.13%
	PYPL	B	0.34%	0.16%	0.16%
	QCOM	F	0.04%	0.11%	0.04%
	RCL	A	0.14%	0.19%	0.14%
	REGN	F	0.28%	0.18%	0.18%
	RF	A	0.09%	0.19%	0.09%
	RGA	A	0.06%	0.22%	0.06%
	RJF	A	0.12%	0.29%	0.12%
	RKT	F	0.01%	0.06%	0.01%
	RMD	C	0.1%	0.11%	0.1%
	RNR	C	0.05%	0.21%	0.05%
	ROK	B	0.12%	0.14%	0.12%
	ROP	B	0.23%	0.26%	0.23%
	ROST	C	0.14%	0.22%	0.14%
	RPM	A	0.05%	0.25%	0.05%
	RS	B	0.07%	0.19%	0.07%
	RSG	A	0.17%	0.33%	0.17%
	RTX	C	0.61%	0.26%	0.26%
	RVTY	F	0.05%	0.15%	0.05%
	SBUX	A	0.1%	0.12%	0.1%
	SCHW	B	0.42%	0.21%	0.21%
	SCI	B	0.05%	0.24%	0.05%
	SHW	A	0.03%	0.23%	0.03%
	SJM	D	0.04%	0.2%	0.04%
	SLB	C	0.24%	0.18%	0.18%
	SNA	A	0.07%	0.26%	0.07%
	SO	D	0.37%	0.27%	0.27%
	SOLV	C	0.04%	0.13%	0.04%
	SPGI	C	0.61%	0.29%	0.29%
	SQ	B	0.11%	0.12%	0.11%
	SRE	A	0.23%	0.29%	0.23%
	SSNC	B	0.06%	0.25%	0.06%
	STE	F	0.08%	0.2%	0.08%
	STLD	B	0.08%	0.19%	0.08%
	STT	A	0.11%	0.24%	0.11%
	STZ	D	0.15%	0.24%	0.15%
	SWKS	F	0.05%	0.1%	0.05%
	SYF	B	0.1%	0.21%	0.1%
	SYK	C	0.39%	0.26%	0.26%
	SYY	B	0.06%	0.23%	0.06%
	T	A	0.63%	0.27%	0.27%
	TAP	C	0.04%	0.24%	0.04%
	TDG	D	0.21%	0.2%	0.2%
	TDY	B	0.08%	0.23%	0.08%
	TECH	D	0.04%	0.12%	0.04%
	TER	D	0.01%	0.08%	0.01%
	TFX	F	0.04%	0.13%	0.04%
	TGT	F	0.27%	0.15%	0.15%
	THC	D	0.06%	0.14%	0.06%
	TJX	A	0.22%	0.27%	0.22%
	TMO	F	0.76%	0.2%	0.2%
	TMUS	B	0.44%	0.42%	0.42%
	TOL	B	0.06%	0.13%	0.06%
	TRMB	B	0.07%	0.24%	0.07%
	TROW	B	0.1%	0.22%	0.1%
	TRV	B	0.23%	0.24%	0.23%
	TT	A	0.24%	0.23%	0.23%
	TTEK	F	0.03%	0.16%	0.03%
	TW	A	0.04%	0.24%	0.04%
	TXN	C	0.63%	0.17%	0.17%
	TXT	D	0.06%	0.19%	0.06%
	TYL	B	0.01%	0.2%	0.01%
	UAL	A	0.12%	0.22%	0.12%
	UHAL	D	0.01%	0.15%	0.01%
	UHAL	D	0.0%	0.15%	0.0%
	UHS	D	0.05%	0.15%	0.05%
	ULTA	F	0.01%	0.15%	0.01%
	UNH	C	1.98%	0.19%	0.19%
	UNP	C	0.29%	0.25%	0.25%
	UPS	C	0.38%	0.17%	0.17%
	URI	B	0.16%	0.14%	0.14%
	USB	A	0.3%	0.19%	0.19%
	USFD	A	0.06%	0.22%	0.06%
	UTHR	C	0.06%	0.17%	0.06%
	VLO	C	0.17%	0.15%	0.15%
	VLTO	D	0.05%	0.2%	0.05%
	VMC	B	0.11%	0.24%	0.11%
	VRSN	F	0.06%	0.26%	0.06%
	VZ	C	0.68%	0.22%	0.22%
	WAB	B	0.13%	0.26%	0.13%
	WAT	B	0.03%	0.17%	0.03%
	WEC	A	0.12%	0.25%	0.12%
	WFC	A	1.01%	0.23%	0.23%
	WLK	D	0.02%	0.15%	0.02%
	WMB	A	0.27%	0.32%	0.27%
	WMS	D	0.02%	0.11%	0.02%
	WMT	A	1.42%	0.29%	0.29%
	WRB	A	0.07%	0.21%	0.07%
	WSM	B	0.03%	0.1%	0.03%
	WSO	A	0.07%	0.19%	0.07%
	WST	C	0.04%	0.14%	0.04%
	XEL	A	0.15%	0.22%	0.15%
	XOM	B	2.08%	0.26%	0.26%
	XYL	D	0.11%	0.2%	0.11%
	YUM	B	0.09%	0.3%	0.09%
	ZBH	C	0.09%	0.23%	0.09%
	ZBRA	B	0.06%	0.15%	0.06%
	ZM	B	0.08%	0.18%	0.08%
	ZTS	D	0.05%	0.17%	0.05%

IWD Overweight 463 Positions Relative to CFO

	Symbol	Grade	Weight
	PFE	D	0.55%
	BMY	B	0.44%
	PLD	D	0.41%
	MU	D	0.41%
	WELL	A	0.32%
	EQIX	A	0.31%
	BA	F	0.31%
	MRVL	B	0.27%
	CRH	A	0.26%
	TFC	A	0.24%
	DLR	B	0.23%
	VRTX	F	0.23%
	O	D	0.19%
	MSTR	C	0.19%
	PSA	D	0.18%
	CCI	D	0.18%
	NEM	D	0.18%
	SPG	B	0.17%
	DFS	B	0.17%
	FERG	B	0.15%
	AVB	B	0.13%
	VICI	C	0.13%
	EXR	D	0.13%
	TTWO	A	0.12%
	WTW	B	0.12%
	EQR	B	0.11%
	ANSS	B	0.11%
	VTR	C	0.1%
	SW	A	0.1%
	IFF	D	0.09%
	WBD	C	0.09%
	WY	D	0.09%
	SBAC	D	0.09%
	CCL	B	0.09%
	COO	D	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	K	A	0.08%
	ILMN	D	0.08%
	EXE	B	0.08%
	ES	D	0.08%
	PNR	A	0.07%
	TRU	D	0.07%
	TSN	B	0.07%
	ARE	D	0.07%
	MAA	B	0.07%
	BALL	D	0.07%
	ESS	B	0.07%
	HES	B	0.06%
	IRM	D	0.06%
	UDR	B	0.06%
	DOC	D	0.06%
	AMCR	D	0.06%
	VTRS	A	0.06%
	SUI	D	0.06%
	MRO	B	0.06%
	BAX	D	0.06%
	KIM	A	0.06%
	Z	A	0.05%
	SOFI	A	0.05%
	MRNA	F	0.05%
	JNPR	F	0.05%
	NVT	B	0.05%
	HST	C	0.05%
	NTNX	A	0.05%
	WPC	D	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	BXP	D	0.05%
	CPT	B	0.05%
	COHR	B	0.05%
	AMH	D	0.05%
	GLPI	C	0.05%
	UNM	A	0.05%
	DLTR	F	0.05%
	ELS	C	0.05%
	TPR	B	0.05%
	AFRM	B	0.05%
	SWK	D	0.05%
	TWLO	A	0.05%
	REG	B	0.05%
	GMED	A	0.04%
	REXR	F	0.04%
	CMA	A	0.04%
	BWXT	B	0.04%
	FBIN	D	0.04%
	INGR	B	0.04%
	DCI	B	0.04%
	RGLD	C	0.04%
	ORI	A	0.04%
	PNFP	B	0.04%
	BRBR	A	0.04%
	FRT	B	0.04%
	CNH	C	0.04%
	CRL	C	0.04%
	MKTX	D	0.04%
	CIEN	B	0.04%
	DOX	D	0.04%
	GL	B	0.04%
	DTM	B	0.04%
	WAL	B	0.04%
	WTRG	B	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	NLY	C	0.04%
	OHI	C	0.04%
	GME	C	0.04%
	LAD	A	0.04%
	RPRX	D	0.04%
	DAY	B	0.04%
	LKQ	D	0.04%
	ALSN	B	0.04%
	AYI	B	0.04%
	WWD	B	0.04%
	WBS	A	0.04%
	CACI	D	0.04%
	PRI	A	0.04%
	PNW	B	0.04%
	CCK	C	0.04%
	EVR	B	0.04%
	CTLT	B	0.04%
	CUBE	D	0.04%
	FWONK	B	0.04%
	ATR	B	0.04%
	CG	A	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	SF	B	0.04%
	AIZ	A	0.04%
	BJ	A	0.04%
	COLB	A	0.03%
	MTG	C	0.03%
	CGNX	C	0.03%
	FAF	A	0.03%
	IVZ	B	0.03%
	LSTR	D	0.03%
	BILL	A	0.03%
	OKTA	C	0.03%
	STAG	F	0.03%
	AZPN	A	0.03%
	WEX	D	0.03%
	HR	C	0.03%
	DINO	D	0.03%
	AXS	A	0.03%
	VMI	B	0.03%
	MKSI	C	0.03%
	FMC	D	0.03%
	ALK	C	0.03%
	WH	B	0.03%
	HRB	D	0.03%
	DAR	C	0.03%
	FCN	D	0.03%
	MTSI	B	0.03%
	GXO	B	0.03%
	RLI	B	0.03%
	SSD	D	0.03%
	FR	C	0.03%
	ATI	D	0.03%
	GNTX	C	0.03%
	ELAN	D	0.03%
	R	B	0.03%
	ESAB	B	0.03%
	VFC	C	0.03%
	OSK	B	0.03%
	BBWI	D	0.03%
	AGNC	D	0.03%
	VNO	B	0.03%
	KBR	F	0.03%
	CART	C	0.03%
	MIDD	C	0.03%
	SKX	D	0.03%
	MHK	D	0.03%
	LBRDK	C	0.03%
	LW	C	0.03%
	PB	A	0.03%
	ROKU	D	0.03%
	CHE	D	0.03%
	DASH	A	0.03%
	RHI	B	0.03%
	JAZZ	B	0.03%
	ADC	B	0.03%
	KEX	C	0.03%
	NNN	D	0.03%
	BERY	B	0.03%
	FLS	B	0.03%
	BWA	D	0.03%
	G	B	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	ACI	C	0.03%
	CZR	F	0.03%
	SNV	B	0.03%
	X	C	0.03%
	TKO	B	0.03%
	SEIC	B	0.03%
	APG	B	0.03%
	CFR	B	0.03%
	APA	D	0.03%
	LECO	B	0.03%
	LAMR	D	0.03%
	RIVN	F	0.03%
	VOYA	B	0.03%
	EGP	F	0.03%
	RL	B	0.03%
	GPK	C	0.03%
	NYT	C	0.03%
	MTZ	B	0.03%
	CR	A	0.03%
	MOS	F	0.03%
	CBSH	A	0.03%
	TTC	D	0.03%
	OGE	B	0.03%
	FYBR	D	0.03%
	WTFC	A	0.03%
	WYNN	D	0.03%
	GWRE	A	0.03%
	ZION	B	0.03%
	BRX	A	0.03%
	AAL	B	0.03%
	SNX	C	0.03%
	HSIC	B	0.03%
	KNX	B	0.03%
	AR	B	0.03%
	HLI	B	0.03%
	AXTA	A	0.03%
	RBC	A	0.03%
	WCC	B	0.03%
	OGN	D	0.02%
	LINE	F	0.02%
	SITE	D	0.02%
	HOG	D	0.02%
	FLO	D	0.02%
	TPG	A	0.02%
	GTES	A	0.02%
	PAYC	B	0.02%
	GFS	C	0.02%
	DLB	B	0.02%
	M	D	0.02%
	AN	C	0.02%
	KMPR	B	0.02%
	GAP	C	0.02%
	AWI	A	0.02%
	RYN	D	0.02%
	SLGN	A	0.02%
	PSN	D	0.02%
	WSC	D	0.02%
	EEFT	B	0.02%
	DBX	B	0.02%
	KRC	C	0.02%
	CUZ	B	0.02%
	AGO	B	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	AVT	C	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	OLN	D	0.02%
	TKR	D	0.02%
	WTM	A	0.02%
	HXL	D	0.02%
	BYD	C	0.02%
	SON	D	0.02%
	AL	B	0.02%
	UGI	A	0.02%
	BFAM	D	0.02%
	OZK	B	0.02%
	POST	C	0.02%
	SLM	A	0.02%
	SN	D	0.02%
	CCCS	B	0.02%
	LEA	D	0.02%
	CRUS	D	0.02%
	LITE	B	0.02%
	EXAS	D	0.02%
	GNRC	B	0.02%
	RITM	C	0.02%
	BC	C	0.02%
	THO	B	0.02%
	NFG	A	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	PVH	C	0.02%
	FOX	A	0.02%
	JHG	A	0.02%
	SAIA	B	0.02%
	THG	A	0.02%
	AGCO	D	0.02%
	AMG	B	0.02%
	ONTO	D	0.02%
	LNC	B	0.02%
	FNB	A	0.02%
	VNT	B	0.02%
	LFUS	F	0.02%
	IDA	A	0.02%
	WHR	B	0.02%
	RGEN	D	0.02%
	S	B	0.02%
	STWD	C	0.02%
	ARW	D	0.02%
	WBA	F	0.02%
	BEN	C	0.02%
	BIO	D	0.02%
	QRVO	F	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	OMF	A	0.02%
	SAIC	F	0.02%
	COLD	D	0.02%
	ESI	A	0.02%
	NOV	C	0.02%
	SIRI	C	0.02%
	KD	B	0.02%
	MSA	D	0.02%
	MAT	D	0.02%
	PARA	C	0.02%
	LLYVA	A	0.01%
	DDS	B	0.01%
	SNDR	B	0.01%
	TRIP	F	0.01%
	REYN	D	0.01%
	FTRE	D	0.01%
	LEG	F	0.01%
	WEN	D	0.01%
	EXEL	B	0.01%
	GO	C	0.01%
	UA	C	0.01%
	QS	F	0.01%
	CLVT	F	0.01%
	BIRK	D	0.01%
	ALAB	B	0.01%
	CNXC	F	0.01%
	VSTS	C	0.01%
	CRI	D	0.01%
	PPC	C	0.01%
	QDEL	F	0.01%
	AZEK	A	0.01%
	LBTYK	A	0.01%
	KSS	F	0.01%
	LCID	F	0.01%
	INFA	D	0.01%
	ETSY	D	0.01%
	UAA	C	0.01%
	LBTYA	B	0.01%
	LYFT	C	0.01%
	BRKR	D	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	SHC	F	0.01%
	ADT	C	0.01%
	LPX	B	0.01%
	RCM	F	0.01%
	AAP	C	0.01%
	CWEN	C	0.01%
	WU	D	0.01%
	AZTA	D	0.01%
	YETI	C	0.01%
	JWN	C	0.01%
	HAYW	B	0.01%
	SAM	C	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	SPB	C	0.01%
	MP	B	0.01%
	CPRI	F	0.01%
	HHH	B	0.01%
	EXP	A	0.01%
	ENOV	C	0.01%
	AGR	B	0.01%
	MPW	F	0.01%
	BOKF	B	0.01%
	CC	C	0.01%
	CXT	B	0.01%
	COTY	F	0.01%
	SEE	C	0.01%
	COLM	B	0.01%
	CNM	D	0.01%
	AMKR	D	0.01%
	VIRT	B	0.01%
	ECG	C	0.01%
	U	C	0.01%
	AMED	F	0.01%
	MAN	D	0.01%
	SNRE	D	0.01%
	NSA	D	0.01%
	LLYVK	A	0.01%
	PK	B	0.01%
	NXST	C	0.01%
	IRDM	D	0.01%
	BROS	B	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	AMTM	D	0.01%
	SMG	D	0.01%
	LOPE	B	0.01%
	BHF	B	0.01%
	VAC	B	0.01%
	ZI	D	0.01%
	HUN	F	0.01%
	AM	A	0.01%
	HIW	D	0.01%
	EPR	D	0.01%
	MASI	A	0.01%
	ZG	A	0.01%
	ALNY	D	0.01%
	PII	D	0.01%
	ACHC	F	0.01%
	FHB	A	0.01%
	CLF	F	0.01%
	IAC	D	0.01%
	NVST	B	0.01%
	NWS	B	0.01%
	W	F	0.01%
	PRGO	B	0.01%
	VNOM	A	0.01%
	TNL	A	0.01%
	XRAY	F	0.01%
	CIVI	D	0.01%
	NWL	B	0.01%
	DNB	B	0.01%
	MDU	D	0.01%
	MSGS	A	0.01%
	NEU	C	0.01%
	RH	B	0.01%
	DXC	B	0.01%
	PLNT	A	0.01%
	OLED	D	0.01%
	MSM	C	0.01%
	ASH	D	0.01%
	LOAR	A	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	PARAA	B	0.0%
	NFE	D	0.0%
	IONS	F	0.0%
	LAZ	B	0.0%
	GRAL	C	0.0%
	TXG	F	0.0%
	CACC	D	0.0%
	PLTK	B	0.0%
	DJT	C	0.0%
	CHH	A	0.0%
	SEB	F	0.0%
	UI	A	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	WOLF	F	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	CWEN	C	0.0%
	HCP	B	0.0%
	CAR	C	0.0%
	MTN	C	0.0%
	CNA	B	0.0%
	PYCR	C	0.0%
	HAS	D	0.0%
	FWONA	B	0.0%
	AS	B	0.0%
	CERT	F	0.0%
	DV	C	0.0%
	LBRDA	C	0.0%
	NCNO	B	0.0%

IWD Underweight 95 Positions Relative to CFO

	Symbol	Grade	Weight
	V	A	-0.34%
	MA	C	-0.31%
	TRGP	B	-0.3%
	COR	B	-0.28%
	WM	A	-0.27%
	MSFT	F	-0.25%
	APP	B	-0.24%
	COST	B	-0.24%
	MORN	B	-0.24%
	VRSK	A	-0.24%
	HEI	B	-0.24%
	GDDY	A	-0.24%
	TXRH	C	-0.23%
	MCO	B	-0.23%
	EQH	B	-0.23%
	AXON	A	-0.22%
	LYV	A	-0.22%
	ROL	B	-0.22%
	CLX	B	-0.22%
	LPLA	A	-0.21%
	CPAY	A	-0.21%
	LVS	C	-0.21%
	IT	C	-0.21%
	OWL	A	-0.2%
	BX	A	-0.2%
	AAPL	C	-0.2%
	TSCO	D	-0.2%
	ADSK	A	-0.2%
	ORCL	B	-0.2%
	ARES	A	-0.2%
	AMZN	C	-0.2%
	INTU	C	-0.19%
	ISRG	A	-0.19%
	WMG	C	-0.19%
	NFLX	A	-0.19%
	TPL	A	-0.18%
	MRK	F	-0.18%
	RYAN	B	-0.18%
	GOOGL	C	-0.18%
	CDNS	B	-0.17%
	CRBG	B	-0.17%
	BAH	F	-0.17%
	VEEV	C	-0.17%
	DVA	B	-0.17%
	ODFL	B	-0.17%
	DOCU	A	-0.17%
	CMG	B	-0.17%
	LII	A	-0.17%
	MANH	D	-0.16%
	IDXX	F	-0.16%
	DT	C	-0.16%
	NOW	A	-0.16%
	ABNB	C	-0.16%
	STX	D	-0.15%
	PODD	C	-0.15%
	WDAY	B	-0.15%
	ERIE	D	-0.15%
	EXPE	B	-0.15%
	POOL	C	-0.15%
	VST	B	-0.15%
	BSY	D	-0.14%
	CPNG	D	-0.14%
	SNPS	B	-0.14%
	DDOG	A	-0.14%
	PLTR	B	-0.14%
	XPO	B	-0.14%
	ANET	C	-0.13%
	LLY	F	-0.13%
	BURL	A	-0.13%
	NBIX	C	-0.13%
	META	D	-0.13%
	DECK	A	-0.13%
	FIX	A	-0.13%
	NXPI	D	-0.12%
	UBER	D	-0.12%
	TSLA	B	-0.12%
	CRWD	B	-0.12%
	ADBE	C	-0.12%
	VRT	B	-0.12%
	TTD	B	-0.12%
	AVGO	D	-0.11%
	PANW	C	-0.11%
	WING	D	-0.11%
	ENTG	D	-0.1%
	PINS	D	-0.1%
	LRCX	F	-0.1%
	KNSL	B	-0.1%
	NVDA	C	-0.1%
	KLAC	D	-0.09%
	CHWY	B	-0.08%
	DXCM	D	-0.08%
	SRPT	D	-0.07%
	MPWR	F	-0.06%
	ENPH	F	-0.04%
	SMCI	F	-0.02%

IWD: Top Represented Industries & Keywords

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

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

CFO: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Specialty Retail Capital Markets Diagnostics & Research Insurance - Property & Casualty Aerospace & Defense Banks - Regional - US Oil & Gas E&P Medical Devices Restaurants Software - Infrastructure Specialty Chemicals Biotechnology Drug Manufacturers - Major Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Dow Jones Component Electricity Electronics Aerospace Medicine Bank Chemical Semiconductor Banking Insurance Products Telecommunications Cloud Computing IBD 50 Investment Bank Mining