IWD vs. CLSE ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Convergence Long/Short Equity ETF (CLSE)

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 1000Â® 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

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

66,024

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	IWD	CLSE
30 Days	3.53%	4.69%
60 Days	4.90%	6.81%
90 Days	6.95%	9.38%
12 Months	29.54%	39.93%

199 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in CLSE	Overlap
AA	B	0.04%	-0.14%	-0.14%
ABBV	D	0.65%	0.72%	0.65%
AES	F	0.04%	-0.08%	-0.08%
AFRM	B	0.05%	-0.35%	-0.35%
AGCO	D	0.02%	-0.18%	-0.18%
AGO	B	0.02%	-0.16%	-0.16%
AJG	B	0.23%	-0.17%	-0.17%
AL	B	0.02%	-0.18%	-0.18%
ALB	C	0.05%	-0.16%	-0.16%
ALGM	D	0.01%	-0.45%	-0.45%
ALL	A	0.17%	0.45%	0.17%
ALSN	B	0.04%	0.66%	0.04%
AMG	B	0.02%	0.58%	0.02%
APA	D	0.03%	0.25%	0.03%
APD	A	0.27%	-0.15%	-0.15%
APH	A	0.14%	0.67%	0.14%
APO	B	0.08%	-0.35%	-0.35%
APTV	D	0.06%	-0.32%	-0.32%
ATO	A	0.08%	-0.1%	-0.1%
AVT	C	0.02%	0.66%	0.02%
AWK	D	0.1%	-0.26%	-0.26%
BA	F	0.31%	-0.4%	-0.4%
BAC	A	1.23%	0.81%	0.81%
BC	C	0.02%	-0.08%	-0.08%
BEN	C	0.02%	-0.36%	-0.36%
BHF	B	0.01%	-0.16%	-0.16%
BILL	A	0.03%	-0.26%	-0.26%
BIRK	D	0.01%	-0.2%	-0.2%
BKNG	A	0.04%	0.44%	0.04%
BLK	C	0.6%	0.65%	0.6%
BMY	B	0.44%	1.11%	0.44%
BPOP	B	0.02%	-0.14%	-0.14%
BRKR	D	0.01%	-0.18%	-0.18%
C	A	0.51%	-0.19%	-0.19%
CACC	D	0.0%	-0.36%	-0.36%
CACI	D	0.04%	0.48%	0.04%
CAH	B	0.05%	0.86%	0.05%
CCL	B	0.09%	0.35%	0.09%
CF	B	0.06%	0.37%	0.06%
CGNX	C	0.03%	-0.45%	-0.45%
CHRW	C	0.05%	0.61%	0.05%
CHTR	C	0.14%	-0.48%	-0.48%
CINF	A	0.09%	0.12%	0.09%
CMA	A	0.04%	0.71%	0.04%
CNA	B	0.0%	0.37%	0.0%
CNC	D	0.12%	0.31%	0.12%
CNH	C	0.04%	-0.18%	-0.18%
COHR	B	0.05%	-0.36%	-0.36%
COLD	D	0.02%	-0.15%	-0.15%
COTY	F	0.01%	-0.18%	-0.18%
CRL	C	0.04%	-0.15%	-0.15%
CSCO	B	0.91%	-0.52%	-0.52%
CVNA	B	0.07%	1.85%	0.07%
CVS	D	0.26%	0.29%	0.26%
CZR	F	0.03%	-0.15%	-0.15%
DAR	C	0.03%	-0.16%	-0.16%
DAY	B	0.04%	-0.14%	-0.14%
DELL	C	0.12%	-0.25%	-0.25%
DG	F	0.06%	-0.4%	-0.4%
DLR	B	0.23%	-0.13%	-0.13%
DLTR	F	0.05%	-0.41%	-0.41%
DV	C	0.0%	-0.45%	-0.45%
EEFT	B	0.02%	0.22%	0.02%
EL	F	0.04%	-0.12%	-0.12%
EME	C	0.05%	0.75%	0.05%
ENOV	C	0.01%	-0.18%	-0.18%
EQIX	A	0.31%	-0.14%	-0.14%
EQR	B	0.11%	0.35%	0.11%
EQT	B	0.09%	-0.23%	-0.23%
EW	C	0.13%	-0.16%	-0.16%
EXAS	D	0.02%	-0.07%	-0.07%
EXP	A	0.01%	0.48%	0.01%
EXPD	D	0.06%	0.14%	0.06%
EXR	D	0.13%	-0.13%	-0.13%
FCNCA	A	0.1%	-0.35%	-0.35%
FFIV	B	0.05%	0.6%	0.05%
FITB	A	0.12%	0.78%	0.12%
FIVE	F	0.0%	-0.56%	-0.56%
FND	C	0.03%	-0.53%	-0.53%
FOXA	B	0.04%	0.14%	0.04%
FSLR	F	0.08%	-1.26%	-1.26%
FTI	A	0.05%	0.74%	0.05%
GE	D	0.59%	-0.46%	-0.46%
GEN	B	0.06%	0.68%	0.06%
GILD	C	0.43%	1.07%	0.43%
GLW	B	0.14%	0.52%	0.14%
GM	B	0.25%	0.87%	0.25%
GNTX	C	0.03%	-0.09%	-0.09%
GRMN	B	0.13%	0.37%	0.13%
HD	A	0.32%	1.13%	0.32%
HPE	B	0.11%	1.92%	0.11%
HSY	F	0.08%	-0.24%	-0.24%
HUN	F	0.01%	-0.07%	-0.07%
ILMN	D	0.08%	0.1%	0.08%
INCY	C	0.04%	0.07%	0.04%
INTC	D	0.4%	-0.93%	-0.93%
IONS	F	0.0%	-0.24%	-0.24%
J	F	0.07%	0.31%	0.07%
JAZZ	B	0.03%	0.16%	0.03%
JHG	A	0.02%	1.21%	0.02%
JLL	D	0.03%	0.2%	0.03%
JNJ	D	1.45%	0.83%	0.83%
JPM	A	2.74%	0.64%	0.64%
KEY	B	0.07%	-0.25%	-0.25%
KNX	B	0.03%	-0.06%	-0.06%
KR	B	0.15%	0.17%	0.15%
LAMR	D	0.03%	0.31%	0.03%
LDOS	C	0.08%	0.55%	0.08%
LITE	B	0.02%	-0.6%	-0.6%
LKQ	D	0.04%	-0.17%	-0.17%
LNG	B	0.09%	0.97%	0.09%
LPX	B	0.01%	0.43%	0.01%
LSCC	D	0.0%	-0.7%	-0.7%
LW	C	0.03%	-0.25%	-0.25%
MASI	A	0.01%	-0.17%	-0.17%
MCHP	D	0.13%	-0.63%	-0.63%
MDT	D	0.44%	0.29%	0.29%
MET	A	0.19%	0.52%	0.19%
MKL	A	0.07%	-0.14%	-0.14%
MKTX	D	0.04%	-0.29%	-0.29%
MLM	B	0.13%	-0.13%	-0.13%
MNST	C	0.03%	-0.28%	-0.28%
MO	A	0.37%	0.79%	0.37%
MRNA	F	0.05%	-0.47%	-0.47%
MSCI	C	0.07%	-0.27%	-0.27%
MTN	C	0.0%	-0.22%	-0.22%
MTZ	B	0.03%	0.66%	0.03%
MU	D	0.41%	2.13%	0.41%
NDAQ	A	0.13%	-0.3%	-0.3%
NEM	D	0.18%	0.22%	0.18%
NRG	B	0.04%	0.71%	0.04%
NSC	B	0.23%	-0.1%	-0.1%
NTAP	C	0.05%	1.0%	0.05%
NTNX	A	0.05%	1.16%	0.05%
NTRS	A	0.08%	1.08%	0.08%
NVR	D	0.1%	0.24%	0.1%
NWS	B	0.01%	-0.57%	-0.57%
ON	D	0.11%	-0.39%	-0.39%
OSK	B	0.03%	-0.16%	-0.16%
PENN	C	0.01%	-0.05%	-0.05%
PG	A	1.21%	0.45%	0.45%
PGR	A	0.09%	0.46%	0.09%
PNC	B	0.32%	0.72%	0.32%
PNW	B	0.04%	0.48%	0.04%
PPC	C	0.01%	0.85%	0.01%
PRU	A	0.18%	0.13%	0.13%
PSA	D	0.18%	-0.23%	-0.23%
PYCR	C	0.0%	-0.14%	-0.14%
PYPL	B	0.34%	1.33%	0.34%
QCOM	F	0.04%	1.73%	0.04%
R	B	0.03%	0.38%	0.03%
REXR	F	0.04%	-0.14%	-0.14%
RF	A	0.09%	0.72%	0.09%
RGA	A	0.06%	0.55%	0.06%
RGLD	C	0.04%	0.32%	0.04%
RH	B	0.01%	-0.47%	-0.47%
RIVN	F	0.03%	-0.42%	-0.42%
RMD	C	0.1%	0.4%	0.1%
RNR	C	0.05%	-0.15%	-0.15%
ROP	B	0.23%	-0.7%	-0.7%
RYN	D	0.02%	-0.07%	-0.07%
SAIA	B	0.02%	-0.22%	-0.22%
SEIC	B	0.03%	0.95%	0.03%
SITE	D	0.02%	-0.16%	-0.16%
SOFI	A	0.05%	-0.28%	-0.28%
SPG	B	0.17%	0.37%	0.17%
SRE	A	0.23%	-0.2%	-0.2%
STLD	B	0.08%	-0.13%	-0.13%
SW	A	0.1%	-0.17%	-0.17%
SYF	B	0.1%	1.11%	0.1%
T	A	0.63%	0.29%	0.29%
THC	D	0.06%	0.78%	0.06%
TMUS	B	0.44%	0.7%	0.44%
TOL	B	0.06%	0.22%	0.06%
TSN	B	0.07%	0.6%	0.07%
TTWO	A	0.12%	-0.43%	-0.43%
TXN	C	0.63%	-0.81%	-0.81%
U	C	0.01%	-0.41%	-0.41%
UHAL	D	0.01%	-0.16%	-0.16%
UHAL	D	0.0%	-0.16%	-0.16%
UHS	D	0.05%	0.7%	0.05%
UI	A	0.0%	0.49%	0.0%
UNP	C	0.29%	0.47%	0.29%
UTHR	C	0.06%	0.73%	0.06%
VLO	C	0.17%	0.29%	0.17%
VMC	B	0.11%	-0.13%	-0.13%
VRTX	F	0.23%	0.23%	0.23%
WAL	B	0.04%	-0.19%	-0.19%
WBD	C	0.09%	-0.43%	-0.43%
WDC	D	0.08%	-0.65%	-0.65%
WFC	A	1.01%	0.75%	0.75%
WMT	A	1.42%	1.82%	1.42%
WST	C	0.04%	-0.59%	-0.59%
WTM	A	0.02%	-0.21%	-0.21%
WTRG	B	0.04%	-0.24%	-0.24%
XYL	D	0.11%	-0.23%	-0.23%
ZBRA	B	0.06%	-0.34%	-0.34%
ZI	D	0.01%	-0.36%	-0.36%
ZION	B	0.03%	0.71%	0.03%

IWD Overweight 666 Positions Relative to CLSE

Symbol	Grade	Weight
BRK.A	B	3.35%
XOM	B	2.08%
UNH	C	1.98%
CVX	A	1.08%
ACN	C	0.86%
LIN	D	0.84%
DIS	B	0.82%
PM	B	0.78%
ABT	B	0.78%
MCD	D	0.77%
TMO	F	0.76%
IBM	C	0.73%
VZ	C	0.68%
CMCSA	B	0.64%
CAT	B	0.63%
NEE	D	0.61%
SPGI	C	0.61%
RTX	C	0.61%
LOW	D	0.6%
DHR	F	0.58%
MS	A	0.57%
ETN	A	0.56%
PFE	D	0.55%
GS	A	0.53%
COP	C	0.51%
BSX	B	0.5%
HON	B	0.49%
CB	C	0.45%
SCHW	B	0.42%
PLD	D	0.41%
ADI	D	0.4%
KO	D	0.4%
SYK	C	0.39%
DE	A	0.39%
AXP	A	0.39%
UPS	C	0.38%
MMC	B	0.37%
SO	D	0.37%
PH	A	0.35%
GEV	B	0.35%
MDLZ	F	0.34%
DUK	C	0.34%
ICE	C	0.34%
CME	A	0.32%
CI	F	0.32%
WELL	A	0.32%
FI	A	0.32%
GD	F	0.31%
EOG	A	0.3%
LMT	D	0.3%
USB	A	0.3%
ELV	F	0.3%
AMD	F	0.29%
AON	A	0.29%
KKR	A	0.28%
REGN	F	0.28%
EMR	A	0.28%
NOC	D	0.27%
CSX	B	0.27%
WMB	A	0.27%
MRVL	B	0.27%
COF	B	0.27%
TGT	F	0.27%
FDX	B	0.26%
CRH	A	0.26%
MAR	B	0.25%
OKE	A	0.25%
BDX	F	0.25%
TT	A	0.24%
FCX	D	0.24%
SLB	C	0.24%
TFC	A	0.24%
AFL	B	0.24%
CARR	D	0.24%
MMM	D	0.23%
CEG	D	0.23%
TRV	B	0.23%
MPC	D	0.22%
TJX	A	0.22%
JCI	C	0.22%
PCAR	B	0.22%
BK	A	0.22%
KMI	A	0.21%
TDG	D	0.21%
PSX	C	0.21%
ITW	B	0.2%
AEP	D	0.2%
DHI	D	0.19%
D	C	0.19%
HCA	F	0.19%
AIG	B	0.19%
O	D	0.19%
FIS	C	0.19%
CMI	A	0.19%
MSTR	C	0.19%
CCI	D	0.18%
KVUE	A	0.18%
PEP	F	0.18%
CRM	B	0.18%
LHX	C	0.18%
HWM	A	0.17%
RSG	A	0.17%
BKR	B	0.17%
EA	A	0.17%
F	C	0.17%
DFS	B	0.17%
PEG	A	0.17%
AME	A	0.17%
MCK	B	0.17%
PCG	A	0.17%
CBRE	B	0.16%
OTIS	C	0.16%
LEN	D	0.16%
IR	B	0.16%
DAL	C	0.16%
URI	B	0.16%
MSI	B	0.16%
A	D	0.15%
FERG	B	0.15%
STZ	D	0.15%
CTSH	B	0.15%
CTVA	C	0.15%
XEL	A	0.15%
EXC	C	0.15%
NKE	D	0.14%
NUE	C	0.14%
GIS	D	0.14%
KDP	D	0.14%
MTB	A	0.14%
ROST	C	0.14%
RCL	A	0.14%
ACGL	D	0.14%
AVB	B	0.13%
PWR	A	0.13%
VICI	C	0.13%
HUM	C	0.13%
OXY	D	0.13%
FANG	D	0.13%
ED	D	0.13%
AMGN	D	0.13%
GEHC	F	0.13%
WAB	B	0.13%
CL	D	0.13%
DD	D	0.13%
HIG	B	0.13%
GPN	B	0.12%
HLT	A	0.12%
ROK	B	0.12%
UAL	A	0.12%
RJF	A	0.12%
IQV	D	0.12%
WEC	A	0.12%
DOW	F	0.12%
EBAY	D	0.12%
ETR	B	0.12%
EIX	B	0.12%
WTW	B	0.12%
SQ	B	0.11%
HPQ	B	0.11%
DOV	A	0.11%
KHC	F	0.11%
PPG	F	0.11%
STT	A	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
PAYX	C	0.11%
DTE	C	0.1%
PPL	B	0.1%
MTD	D	0.1%
SBUX	A	0.1%
ADM	D	0.1%
HBAN	A	0.1%
VTR	C	0.1%
KEYS	A	0.1%
TROW	B	0.1%
HAL	C	0.1%
FTV	C	0.1%
KMB	D	0.1%
PHM	D	0.1%
CHD	B	0.1%
IFF	D	0.09%
WY	D	0.09%
ZBH	C	0.09%
YUM	B	0.09%
BIIB	F	0.09%
HUBB	B	0.09%
SBAC	D	0.09%
FE	C	0.09%
DVN	F	0.09%
AEE	A	0.09%
EFX	F	0.09%
COO	D	0.08%
LUV	C	0.08%
CNP	B	0.08%
LH	C	0.08%
PFG	D	0.08%
BBY	D	0.08%
IP	B	0.08%
CMS	C	0.08%
INVH	D	0.08%
PKG	A	0.08%
CFG	B	0.08%
K	A	0.08%
CBOE	B	0.08%
ZM	B	0.08%
HOOD	B	0.08%
LYB	F	0.08%
EXE	B	0.08%
STE	F	0.08%
ES	D	0.08%
TDY	B	0.08%
OC	A	0.07%
GPC	D	0.07%
TRMB	B	0.07%
MAS	D	0.07%
IEX	B	0.07%
PNR	A	0.07%
TRU	D	0.07%
CSL	C	0.07%
RS	B	0.07%
DGX	A	0.07%
WRB	A	0.07%
HOLX	D	0.07%
WSO	A	0.07%
ARE	D	0.07%
MAA	B	0.07%
SNA	A	0.07%
MKC	D	0.07%
OMC	C	0.07%
BALL	D	0.07%
CTRA	B	0.07%
IBKR	A	0.07%
BLDR	D	0.07%
ESS	B	0.07%
SYY	B	0.06%
EVRG	A	0.06%
EWBC	A	0.06%
VRSN	F	0.06%
HES	B	0.06%
IRM	D	0.06%
NDSN	B	0.06%
ACM	A	0.06%
UDR	B	0.06%
DOC	D	0.06%
BRO	B	0.06%
AMCR	D	0.06%
USFD	A	0.06%
JBHT	C	0.06%
L	A	0.06%
GGG	B	0.06%
VTRS	A	0.06%
SUI	D	0.06%
LNT	A	0.06%
SSNC	B	0.06%
FNF	B	0.06%
TXT	D	0.06%
MRO	B	0.06%
BAX	D	0.06%
KIM	A	0.06%
NI	A	0.06%
Z	A	0.05%
CDW	F	0.05%
FDS	B	0.05%
EMN	D	0.05%
JNPR	F	0.05%
BMRN	D	0.05%
SCI	B	0.05%
NVT	B	0.05%
HST	C	0.05%
WPC	D	0.05%
ALLE	D	0.05%
CASY	A	0.05%
BXP	D	0.05%
EPAM	C	0.05%
CPT	B	0.05%
ITT	A	0.05%
CLH	B	0.05%
JKHY	D	0.05%
AMH	D	0.05%
CAG	D	0.05%
BG	F	0.05%
GLPI	C	0.05%
UNM	A	0.05%
JBL	B	0.05%
ELS	C	0.05%
TPR	B	0.05%
SWK	D	0.05%
AKAM	D	0.05%
TWLO	A	0.05%
RPM	A	0.05%
EG	C	0.05%
SWKS	F	0.05%
RVTY	F	0.05%
REG	B	0.05%
CW	B	0.05%
VLTO	D	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TW	A	0.04%
GMED	A	0.04%
TFX	F	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
INGR	B	0.04%
DCI	B	0.04%
ORI	A	0.04%
JEF	A	0.04%
SOLV	C	0.04%
DRI	B	0.04%
PNFP	B	0.04%
BRBR	A	0.04%
FRT	B	0.04%
COIN	C	0.04%
CIEN	B	0.04%
DOX	D	0.04%
DPZ	C	0.04%
GL	B	0.04%
DTM	B	0.04%
ARMK	B	0.04%
EHC	B	0.04%
NLY	C	0.04%
AVY	D	0.04%
OHI	C	0.04%
AFG	A	0.04%
GME	C	0.04%
LAD	A	0.04%
RPRX	D	0.04%
DKS	C	0.04%
AYI	B	0.04%
BLD	D	0.04%
WWD	B	0.04%
IPG	D	0.04%
WBS	A	0.04%
PRI	A	0.04%
TECH	D	0.04%
CCK	C	0.04%
EVR	B	0.04%
CTLT	B	0.04%
CUBE	D	0.04%
FWONK	B	0.04%
NWSA	B	0.04%
FTNT	C	0.04%
PFGC	B	0.04%
TAP	C	0.04%
SJM	D	0.04%
ATR	B	0.04%
CG	A	0.04%
FHN	A	0.04%
RRX	B	0.04%
AMAT	F	0.04%
KMX	B	0.04%
SF	B	0.04%
AIZ	A	0.04%
BJ	A	0.04%
OVV	B	0.04%
COLB	A	0.03%
MTG	C	0.03%
FAF	A	0.03%
IVZ	B	0.03%
LSTR	D	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%
GWW	B	0.03%
AXS	A	0.03%
VMI	B	0.03%
MKSI	C	0.03%
FMC	D	0.03%
ALK	C	0.03%
WSM	B	0.03%
WH	B	0.03%
HRB	D	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%
ALGN	D	0.03%
ELAN	D	0.03%
ESAB	B	0.03%
VFC	C	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%
COKE	C	0.03%
MHK	D	0.03%
FAST	B	0.03%
LBRDK	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
CHE	D	0.03%
DASH	A	0.03%
RHI	B	0.03%
ADC	B	0.03%
KEX	C	0.03%
HII	D	0.03%
PR	B	0.03%
NNN	D	0.03%
BERY	B	0.03%
FLS	B	0.03%
BWA	D	0.03%
G	B	0.03%
SHW	A	0.03%
MTCH	D	0.03%
RRC	B	0.03%
CHRD	D	0.03%
ACI	C	0.03%
SNV	B	0.03%
X	C	0.03%
ECL	D	0.03%
TKO	B	0.03%
APG	B	0.03%
CFR	B	0.03%
LECO	B	0.03%
WAT	B	0.03%
VOYA	B	0.03%
CPB	D	0.03%
FICO	B	0.03%
EGP	F	0.03%
RL	B	0.03%
GPK	C	0.03%
NYT	C	0.03%
CR	A	0.03%
MOS	F	0.03%
CBSH	A	0.03%
TTC	D	0.03%
OGE	B	0.03%
HRL	D	0.03%
FYBR	D	0.03%
WTFC	A	0.03%
WYNN	D	0.03%
GWRE	A	0.03%
ALLY	C	0.03%
BRX	A	0.03%
TTEK	F	0.03%
AAL	B	0.03%
MGM	D	0.03%
AOS	F	0.03%
SNX	C	0.03%
HSIC	B	0.03%
ADP	B	0.03%
AR	B	0.03%
HLI	B	0.03%
AXTA	A	0.03%
RBC	A	0.03%
WCC	B	0.03%
PTC	A	0.03%
OGN	D	0.02%
LINE	F	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%
WLK	D	0.02%
KMPR	B	0.02%
GAP	C	0.02%
AWI	A	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
DBX	B	0.02%
KRC	C	0.02%
CUZ	B	0.02%
AZO	C	0.02%
ST	F	0.02%
FRPT	B	0.02%
CROX	D	0.02%
ROIV	C	0.02%
OLN	D	0.02%
TKR	D	0.02%
HXL	D	0.02%
AMP	A	0.02%
BYD	C	0.02%
SON	D	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%
GNRC	B	0.02%
ORLY	B	0.02%
RITM	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%
H	B	0.02%
WMS	D	0.02%
THG	A	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%
CE	F	0.02%
S	B	0.02%
STWD	C	0.02%
ARW	D	0.02%
WBA	F	0.02%
BIO	D	0.02%
QRVO	F	0.02%
MTDR	B	0.02%
OMF	A	0.02%
SAIC	F	0.02%
ESI	A	0.02%
NOV	C	0.02%
SIRI	C	0.02%
MOH	F	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%
TER	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%
ALAB	B	0.01%
LEN	D	0.01%
CNXC	F	0.01%
VSTS	C	0.01%
CRI	D	0.01%
PSTG	D	0.01%
QDEL	F	0.01%
AZEK	A	0.01%
RKT	F	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%
IPGP	D	0.01%
GLOB	B	0.01%
SHC	F	0.01%
ADT	C	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%
BR	A	0.01%
ULTA	F	0.01%
PINC	B	0.01%
SPB	C	0.01%
MP	B	0.01%
CPRI	F	0.01%
HHH	B	0.01%
AGR	B	0.01%
MPW	F	0.01%
BOKF	B	0.01%
CC	C	0.01%
CXT	B	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%
AMED	F	0.01%
MAN	D	0.01%
SNRE	D	0.01%
PAG	B	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%
AMTM	D	0.01%
SMG	D	0.01%
LOPE	B	0.01%
VAC	B	0.01%
AM	A	0.01%
HIW	D	0.01%
EPR	D	0.01%
ZG	A	0.01%
ALNY	D	0.01%
CPRT	A	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%
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%
DXC	B	0.01%
PLNT	A	0.01%
CTAS	B	0.01%
OLED	D	0.01%
TYL	B	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%
LAZ	B	0.0%
GRAL	C	0.0%
TXG	F	0.0%
PLTK	B	0.0%
DJT	C	0.0%
CHH	A	0.0%
SEB	F	0.0%
TFSL	A	0.0%
PATH	C	0.0%
WOLF	F	0.0%
CWEN	C	0.0%
HCP	B	0.0%
CAR	C	0.0%
HAS	D	0.0%
FWONA	B	0.0%
AS	B	0.0%
CERT	F	0.0%
LBRDA	C	0.0%
NCNO	B	0.0%

IWD Underweight 139 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-4.61%
GOOGL	C	-3.47%
META	D	-3.3%
AMZN	C	-2.53%
AVGO	D	-2.28%
APP	B	-2.25%
ANET	C	-1.83%
IDCC	A	-1.51%
GDDY	A	-1.42%
CVLT	B	-1.4%
DOCU	A	-1.37%
ORCL	B	-1.33%
ACIW	B	-1.3%
TSLA	B	-1.22%
SNEX	B	-1.06%
PLTR	B	-1.02%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	B	-0.88%
COR	B	-0.86%
GVA	A	-0.84%
MLI	C	-0.84%
CARG	C	-0.83%
AAPL	C	-0.83%
PRIM	A	-0.8%
NFLX	A	-0.79%
DVA	B	-0.78%
IESC	B	-0.77%
CPNG	D	-0.77%
CNX	A	-0.74%
STRL	B	-0.71%
CEIX	A	-0.7%
VRT	B	-0.68%
UMBF	B	-0.66%
MWA	B	-0.65%
EXPE	B	-0.61%
FTDR	A	-0.58%
VST	B	-0.55%
SLVM	B	-0.5%
GOOG	C	-0.49%
AVA	A	-0.47%
DUOL	A	-0.45%
CTRE	D	-0.42%
SCCO	F	-0.41%
JXN	C	-0.39%
SR	A	-0.38%
OUT	A	-0.36%
CDP	C	-0.34%
PTON	B	-0.31%
MPWR	F	-0.3%
IIPR	D	-0.28%
MATX	C	-0.22%
FLR	B	-0.21%
MUSA	A	-0.2%
ABM	B	-0.19%
BAH	F	-0.18%
NTRA	B	-0.17%
BOX	B	-0.17%
FN	D	-0.13%
VCTR	B	-0.12%
VCYT	B	-0.12%
CDE	D	-0.11%
AEIS	B	-0.07%
HQY	B	-0.07%
QQQ	B	-0.0%
LNTH	D	-0.0%
LRCX	F	-0.0%
HGV	B	--0.06%
COOP	B	--0.07%
CCS	D	--0.07%
JOE	F	--0.08%
FLYW	C	--0.08%
JBLU	F	--0.09%
MCW	B	--0.1%
ABG	B	--0.1%
ACVA	B	--0.11%
ENPH	F	--0.11%
CGON	F	--0.11%
RBA	A	--0.12%
FL	F	--0.12%
PCH	D	--0.12%
AVAV	D	--0.13%
ALIT	C	--0.13%
ARWR	F	--0.14%
GTLS	B	--0.15%
DRVN	B	--0.15%
NARI	C	--0.16%
FIVN	C	--0.16%
XPO	B	--0.16%
LGIH	D	--0.16%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
KRG	B	--0.17%
CHDN	B	--0.18%
UEC	B	--0.18%
EBC	B	--0.18%
AIR	B	--0.19%
KNSL	B	--0.2%
GATX	A	--0.2%
BE	B	--0.21%
AESI	B	--0.21%
NOG	A	--0.21%
PRCT	B	--0.22%
BANC	A	--0.22%
SUM	B	--0.22%
ELF	C	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
NEOG	F	--0.26%
AUR	C	--0.26%
VAL	D	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	A	--0.27%
PTEN	C	--0.27%
ESTC	C	--0.29%
MDB	C	--0.29%
XP	F	--0.29%
CYTK	F	--0.3%
LYV	A	--0.3%
APLS	D	--0.3%
GTLB	B	--0.32%
VVV	F	--0.33%
CCOI	B	--0.33%
LPLA	A	--0.34%
ABNB	C	--0.34%
INSP	D	--0.34%
BBIO	F	--0.36%
SATS	D	--0.4%
RBLX	C	--0.41%
PINS	D	--0.41%
SNPS	B	--0.44%
CDNS	B	--0.46%
SMCI	F	--0.47%
CFLT	B	--0.47%
BRZE	C	--0.56%
POOL	C	--0.61%
DXCM	D	--0.63%