IWD vs. GHYB ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Goldman Sachs Access High Yield Corporate Bond ETF (GHYB)

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

$189.29

Average Daily Volume

1,615,569

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

GHYB

Goldman Sachs Access High Yield Corporate Bond ETF

GHYB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs High Yield Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of high yield corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$45.62

Average Daily Volume

11,243

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

Performance

Period	IWD	GHYB
30 Days	2.44%	1.68%
60 Days	4.60%	3.31%
90 Days	9.08%	4.82%
12 Months	26.55%	13.57%

79 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in GHYB	Overlap
AA	C	0.03%	0.12%	0.03%
AAL	D	0.03%	0.29%	0.03%
ACI	F	0.03%	0.18%	0.03%
ADT	D	0.01%	0.14%	0.01%
ALLY	F	0.03%	0.13%	0.03%
ALSN	B	0.03%	0.09%	0.03%
AM	B	0.01%	0.18%	0.01%
APA	F	0.04%	0.29%	0.04%
AR	C	0.03%	0.09%	0.03%
ARMK	B	0.04%	0.37%	0.04%
AVTR	C	0.07%	0.24%	0.07%
AXTA	B	0.03%	0.08%	0.03%
BBWI	D	0.03%	0.21%	0.03%
BLDR	C	0.09%	0.11%	0.09%
BYD	C	0.02%	0.06%	0.02%
CAR	D	0.0%	0.24%	0.0%
CC	D	0.01%	0.24%	0.01%
CCK	B	0.04%	0.11%	0.04%
CCL	C	0.08%	0.25%	0.08%
CF	B	0.06%	0.04%	0.04%
CHTR	D	0.12%	0.09%	0.09%
CLF	F	0.01%	0.13%	0.01%
COIN	F	0.02%	0.1%	0.02%
CRI	D	0.01%	0.16%	0.01%
CRL	F	0.04%	0.14%	0.04%
CTLT	B	0.04%	0.21%	0.04%
CVNA	B	0.05%	0.25%	0.05%
CZR	C	0.04%	0.11%	0.04%
DELL	C	0.11%	0.16%	0.11%
EHC	B	0.04%	0.19%	0.04%
EQT	C	0.08%	0.11%	0.08%
F	F	0.17%	0.1%	0.1%
FCX	C	0.25%	0.12%	0.12%
FYBR	C	0.03%	0.15%	0.03%
HLT	B	0.11%	0.11%	0.11%
HOLX	D	0.08%	0.08%	0.08%
HWM	B	0.15%	0.16%	0.15%
IQV	D	0.15%	0.34%	0.15%
IRM	C	0.06%	0.19%	0.06%
LAMR	B	0.04%	0.12%	0.04%
LNG	D	0.08%	0.42%	0.08%
LW	D	0.03%	0.05%	0.03%
MAT	D	0.03%	0.24%	0.03%
MCHP	D	0.16%	0.24%	0.16%
MGM	D	0.03%	0.04%	0.03%
MOH	D	0.03%	0.11%	0.03%
MSCI	C	0.07%	0.17%	0.07%
NFE	F	0.0%	0.3%	0.0%
NRG	B	0.04%	0.04%	0.04%
NWL	C	0.01%	0.06%	0.01%
NXST	D	0.01%	0.31%	0.01%
OGN	D	0.02%	0.27%	0.02%
OLN	D	0.02%	0.12%	0.02%
OMF	D	0.02%	0.04%	0.02%
OXY	F	0.14%	0.1%	0.1%
PCG	C	0.17%	0.16%	0.16%
PFGC	B	0.04%	0.17%	0.04%
PK	D	0.01%	0.16%	0.01%
RCL	B	0.11%	0.14%	0.11%
RRC	D	0.03%	0.09%	0.03%
S	D	0.02%	0.12%	0.02%
SBAC	C	0.1%	0.11%	0.1%
SCI	C	0.05%	0.07%	0.05%
SEE	C	0.01%	0.08%	0.01%
SIRI	C	0.02%	0.11%	0.02%
SPR	D	0.01%	0.11%	0.01%
SSNC	C	0.07%	0.34%	0.07%
ST	D	0.02%	0.18%	0.02%
SWN	C	0.03%	0.21%	0.03%
TDG	B	0.24%	0.03%	0.03%
THC	C	0.06%	0.06%	0.06%
TMUS	B	0.39%	0.07%	0.07%
TNL	C	0.01%	0.18%	0.01%
TOL	A	0.06%	0.16%	0.06%
UAL	B	0.07%	0.21%	0.07%
URI	B	0.16%	0.13%	0.13%
WCC	C	0.03%	0.29%	0.03%
X	F	0.03%	0.05%	0.03%
YUM	B	0.09%	0.13%	0.09%

IWD Overweight 785 Positions Relative to GHYB

Symbol	Grade	Weight
BRK.A	C	3.33%
JPM	D	2.42%
XOM	D	2.07%
UNH	C	1.97%
JNJ	C	1.58%
WMT	B	1.37%
PG	C	1.28%
BAC	D	1.09%
CVX	F	1.0%
TMO	B	0.94%
LIN	B	0.91%
CSCO	B	0.84%
ACN	C	0.84%
IBM	B	0.8%
MCD	B	0.8%
ABT	C	0.79%
WFC	D	0.79%
ABBV	B	0.78%
VZ	A	0.75%
PM	C	0.75%
DHR	B	0.7%
DIS	D	0.69%
NEE	B	0.68%
PFE	D	0.67%
SPGI	C	0.66%
TXN	B	0.65%
GE	C	0.64%
RTX	B	0.63%
CMCSA	C	0.62%
T	B	0.62%
CAT	B	0.62%
LOW	B	0.6%
BLK	B	0.55%
ETN	C	0.53%
COP	F	0.51%
BSX	B	0.49%
C	C	0.48%
CB	B	0.47%
KO	B	0.47%
MDT	B	0.46%
GS	B	0.46%
PLD	C	0.46%
MS	B	0.45%
HON	C	0.45%
ADI	C	0.45%
REGN	D	0.44%
GILD	B	0.42%
ELV	D	0.42%
DE	A	0.41%
MDLZ	C	0.4%
MU	D	0.4%
BMY	C	0.4%
SO	B	0.39%
AXP	B	0.38%
MMC	C	0.38%
SYK	C	0.37%
INTC	D	0.37%
UPS	D	0.37%
DUK	B	0.36%
CI	C	0.36%
ICE	C	0.36%
MO	C	0.35%
SCHW	D	0.35%
AMD	C	0.34%
LMT	A	0.33%
GD	C	0.33%
PH	B	0.32%
CME	B	0.31%
UNP	D	0.31%
HD	B	0.31%
PYPL	B	0.31%
EQIX	B	0.31%
PNC	C	0.3%
BA	F	0.3%
WELL	C	0.3%
TGT	C	0.29%
USB	C	0.29%
NOC	B	0.29%
EOG	D	0.29%
CVS	D	0.29%
FI	B	0.28%
GEV	B	0.27%
CARR	B	0.27%
BDX	D	0.27%
CEG	C	0.27%
AON	B	0.27%
CSX	C	0.27%
CRH	B	0.26%
KKR	B	0.26%
APD	B	0.26%
NEM	C	0.25%
ROP	C	0.24%
EMR	D	0.24%
VRTX	D	0.24%
AFL	A	0.24%
SLB	F	0.24%
MMM	B	0.24%
TFC	D	0.23%
DHI	C	0.23%
TT	B	0.23%
COF	B	0.23%
HCA	B	0.23%
FDX	D	0.23%
MPC	F	0.23%
MRVL	D	0.23%
AEP	C	0.22%
PSX	F	0.22%
TRV	C	0.22%
GM	C	0.22%
TJX	C	0.22%
OKE	C	0.22%
WMB	C	0.22%
AJG	D	0.22%
NSC	C	0.22%
MAR	B	0.22%
SRE	B	0.21%
BK	B	0.21%
O	B	0.21%
PEP	D	0.2%
JCI	B	0.2%
CCI	C	0.2%
PCAR	D	0.2%
DLR	B	0.2%
ITW	B	0.19%
FIS	C	0.19%
MET	B	0.19%
AIG	D	0.19%
PSA	C	0.19%
D	C	0.19%
KVUE	B	0.18%
LHX	C	0.18%
RSG	D	0.17%
GIS	B	0.17%
CMI	B	0.17%
KMI	C	0.17%
ALL	C	0.17%
VLO	F	0.17%
PEG	B	0.17%
LEN	B	0.17%
PRU	C	0.17%
ROST	C	0.16%
IR	B	0.16%
AME	C	0.16%
STZ	C	0.16%
KDP	B	0.16%
NKE	D	0.16%
CNC	D	0.16%
AMGN	D	0.16%
SPG	B	0.16%
EXC	B	0.16%
CTVA	B	0.16%
ACGL	B	0.16%
A	C	0.16%
DOW	C	0.15%
KR	B	0.15%
FERG	D	0.15%
CBRE	B	0.15%
EA	D	0.15%
HUM	F	0.15%
MCK	F	0.15%
CTSH	B	0.15%
CL	C	0.15%
EXR	C	0.15%
CRM	C	0.15%
MSI	B	0.15%
OTIS	B	0.15%
HIG	B	0.14%
GLW	B	0.14%
VICI	C	0.14%
DD	B	0.14%
NUE	D	0.14%
DFS	C	0.14%
XEL	B	0.14%
ED	B	0.14%
BKR	C	0.14%
GEHC	B	0.14%
WAB	B	0.13%
CSGP	D	0.13%
MLM	D	0.13%
EBAY	B	0.13%
FANG	F	0.13%
EW	F	0.13%
APH	C	0.13%
EIX	B	0.13%
AVB	C	0.13%
XYL	C	0.13%
EQR	C	0.12%
BIIB	F	0.12%
ADM	D	0.12%
PHM	B	0.12%
PWR	B	0.12%
EFX	C	0.12%
WTW	B	0.12%
FITB	B	0.12%
PPG	C	0.12%
MTD	C	0.12%
MTB	C	0.12%
ON	D	0.12%
WEC	B	0.12%
DAL	C	0.12%
NDAQ	C	0.12%
KHC	C	0.12%
GRMN	D	0.11%
KEYS	B	0.11%
STT	B	0.11%
FTV	C	0.11%
ROK	D	0.11%
NVR	B	0.11%
PAYX	C	0.11%
ETR	A	0.11%
KMB	C	0.11%
ANSS	D	0.11%
GPN	D	0.11%
AWK	C	0.11%
PGR	C	0.1%
PPL	A	0.1%
WY	C	0.1%
SBUX	C	0.1%
HPE	C	0.1%
LYB	D	0.1%
SW	B	0.1%
HSY	D	0.1%
VMC	C	0.1%
VTR	C	0.1%
CHD	C	0.1%
FE	B	0.1%
FSLR	C	0.1%
TTWO	D	0.1%
DVN	F	0.1%
HPQ	C	0.1%
DTE	A	0.1%
RMD	C	0.1%
DOV	B	0.1%
HAL	F	0.1%
IFF	A	0.1%
MRNA	F	0.09%
HBAN	B	0.09%
COO	C	0.09%
SQ	D	0.09%
ZBH	F	0.09%
WDC	C	0.09%
CBOE	C	0.09%
INVH	D	0.09%
AEE	B	0.09%
HUBB	B	0.09%
STE	B	0.09%
RJF	C	0.09%
FCNCA	D	0.09%
ES	B	0.09%
TROW	C	0.09%
PKG	B	0.08%
MAA	C	0.08%
DG	F	0.08%
APTV	D	0.08%
CFG	D	0.08%
GPC	D	0.08%
TRU	B	0.08%
ESS	C	0.08%
BAX	C	0.08%
PFG	B	0.08%
OMC	B	0.08%
SYF	C	0.08%
TDY	B	0.08%
WBD	D	0.08%
BALL	C	0.08%
ATO	B	0.08%
CINF	C	0.08%
CMS	B	0.08%
ILMN	D	0.08%
MKC	C	0.08%
BBY	A	0.08%
ARE	C	0.08%
MSTR	C	0.08%
LDOS	A	0.08%
K	A	0.08%
RF	B	0.08%
SWK	B	0.07%
APO	B	0.07%
TXT	D	0.07%
WRB	D	0.07%
IP	C	0.07%
TSN	D	0.07%
WSO	C	0.07%
DGX	B	0.07%
SUI	C	0.07%
LUV	C	0.07%
CSL	B	0.07%
CTRA	F	0.07%
ZM	C	0.07%
STLD	C	0.07%
CNP	C	0.07%
MAS	B	0.07%
NTRS	C	0.07%
J	A	0.07%
LH	D	0.07%
NTAP	D	0.06%
BG	F	0.06%
JBHT	D	0.06%
EG	B	0.06%
IBKR	B	0.06%
USFD	C	0.06%
GGG	C	0.06%
SYY	C	0.06%
TRMB	C	0.06%
L	D	0.06%
VRSN	C	0.06%
GEN	A	0.06%
NDSN	C	0.06%
RGA	C	0.06%
EXPD	B	0.06%
SNA	B	0.06%
DLTR	F	0.06%
ZBRA	B	0.06%
VLTO	B	0.06%
UDR	C	0.06%
OC	C	0.06%
CDW	D	0.06%
AKAM	D	0.06%
RVTY	B	0.06%
HOOD	C	0.06%
LNT	A	0.06%
NI	B	0.06%
CAG	B	0.06%
KIM	C	0.06%
UTHR	B	0.06%
ZTS	B	0.06%
DOC	B	0.06%
MKL	C	0.06%
PNR	B	0.06%
MRO	D	0.06%
AMCR	B	0.06%
SWKS	F	0.06%
IEX	C	0.06%
FNF	B	0.06%
KEY	C	0.06%
RS	D	0.06%
RRX	C	0.05%
CASY	D	0.05%
EWBC	C	0.05%
TFX	B	0.05%
FDS	C	0.05%
JBL	C	0.05%
COHR	C	0.05%
FTI	D	0.05%
QCOM	D	0.05%
IPG	C	0.05%
NVT	C	0.05%
BLD	C	0.05%
ITT	B	0.05%
CHRW	B	0.05%
CUBE	C	0.05%
TECH	C	0.05%
RPM	B	0.05%
SJM	C	0.05%
ALLE	B	0.05%
EME	B	0.05%
EMN	B	0.05%
EL	D	0.05%
CW	B	0.05%
JKHY	B	0.05%
JNPR	A	0.05%
BXP	C	0.05%
CLH	C	0.05%
FFIV	B	0.05%
CPT	C	0.05%
AMAT	D	0.05%
HST	D	0.05%
REG	C	0.05%
ELS	D	0.05%
HES	F	0.05%
GLPI	C	0.05%
BMRN	F	0.05%
AMH	D	0.05%
AES	C	0.05%
WPC	C	0.05%
VTRS	D	0.05%
BRO	C	0.05%
EVRG	B	0.05%
ACM	B	0.05%
UHS	C	0.05%
RNR	B	0.05%
FHN	D	0.04%
NYT	B	0.04%
WST	D	0.04%
TWLO	C	0.04%
TTC	F	0.04%
INGR	B	0.04%
SNX	C	0.04%
GPK	C	0.04%
ORI	B	0.04%
PRI	B	0.04%
FTNT	B	0.04%
EGP	C	0.04%
HSIC	C	0.04%
EVR	B	0.04%
SF	B	0.04%
FOXA	B	0.04%
HRL	F	0.04%
MTCH	C	0.04%
FRT	C	0.04%
GL	D	0.04%
DPZ	D	0.04%
WAL	B	0.04%
RGLD	C	0.04%
CNH	C	0.04%
MKTX	D	0.04%
TAP	D	0.04%
RIVN	F	0.04%
CG	C	0.04%
WTRG	D	0.04%
DRI	C	0.04%
TTEK	C	0.04%
SOLV	D	0.04%
AFG	C	0.04%
INCY	C	0.04%
CPB	C	0.04%
QRVO	F	0.04%
TPR	A	0.04%
DOX	C	0.04%
NWSA	D	0.04%
AOS	B	0.04%
OHI	C	0.04%
WWD	C	0.04%
UNM	B	0.04%
ALB	D	0.04%
AIZ	B	0.04%
FWONK	C	0.04%
PNW	C	0.04%
EPAM	F	0.04%
CE	D	0.04%
ATR	B	0.04%
CHK	C	0.04%
AFRM	D	0.04%
NLY	B	0.04%
HII	F	0.04%
Z	C	0.04%
AVY	C	0.04%
NTNX	D	0.04%
LKQ	F	0.04%
RPRX	C	0.04%
BJ	D	0.04%
OVV	F	0.04%
FBIN	B	0.04%
CACI	B	0.04%
DKS	D	0.04%
REXR	C	0.04%
KMX	D	0.04%
CAH	C	0.04%
R	C	0.03%
FLS	C	0.03%
WBA	F	0.03%
AZPN	B	0.03%
LFUS	C	0.03%
FAST	C	0.03%
BIO	C	0.03%
LSTR	D	0.03%
FAF	B	0.03%
CGNX	F	0.03%
VFC	B	0.03%
BPOP	C	0.03%
MTG	B	0.03%
OSK	F	0.03%
STWD	B	0.03%
PB	D	0.03%
CRUS	D	0.03%
NOV	F	0.03%
WMS	D	0.03%
SNV	D	0.03%
MSA	D	0.03%
OKTA	F	0.03%
CROX	C	0.03%
G	C	0.03%
VNO	B	0.03%
BFAM	C	0.03%
HR	B	0.03%
RGEN	F	0.03%
RHI	D	0.03%
CFR	C	0.03%
JAZZ	D	0.03%
GNTX	D	0.03%
SEIC	B	0.03%
SAIC	C	0.03%
ZION	D	0.03%
ACHC	D	0.03%
MKSI	F	0.03%
ELAN	D	0.03%
WTFC	C	0.03%
STAG	D	0.03%
ARW	B	0.03%
SOFI	D	0.03%
FICO	B	0.03%
PR	F	0.03%
CART	C	0.03%
SSD	C	0.03%
HRB	C	0.03%
KEX	C	0.03%
FR	C	0.03%
MNST	D	0.03%
ONTO	C	0.03%
ADC	C	0.03%
LECO	D	0.03%
CR	B	0.03%
BWXT	A	0.03%
RL	B	0.03%
CBSH	D	0.03%
DINO	F	0.03%
MIDD	C	0.03%
WYNN	C	0.03%
DTM	C	0.03%
HLI	C	0.03%
COKE	C	0.03%
BWA	C	0.03%
PNFP	C	0.03%
WSM	C	0.03%
EXAS	D	0.03%
CHE	C	0.03%
SKX	C	0.03%
AGNC	B	0.03%
GWRE	B	0.03%
BERY	B	0.03%
JEF	C	0.03%
KBR	D	0.03%
FMC	B	0.03%
WAT	B	0.03%
WEX	C	0.03%
ALGN	D	0.03%
VOYA	B	0.03%
ATI	C	0.03%
BRBR	B	0.03%
MTZ	C	0.03%
GMED	D	0.03%
DAY	D	0.03%
FND	C	0.03%
FCN	C	0.03%
SHW	B	0.03%
APG	F	0.03%
LAD	B	0.03%
COLD	D	0.03%
CMA	C	0.03%
ROKU	D	0.03%
ADP	C	0.03%
GME	D	0.03%
OGE	B	0.03%
MOS	F	0.03%
KNX	C	0.03%
PTC	C	0.03%
WBS	C	0.03%
ECL	B	0.03%
TKO	A	0.03%
BRX	C	0.03%
MHK	B	0.03%
AYI	B	0.03%
TW	B	0.03%
RBC	B	0.03%
CHRD	F	0.03%
BKNG	B	0.03%
CIEN	B	0.03%
JLL	B	0.03%
NNN	B	0.03%
DCI	C	0.03%
AWI	B	0.02%
MSM	D	0.02%
DXC	D	0.02%
ALNY	C	0.02%
CIVI	F	0.02%
GFS	F	0.02%
IAC	C	0.02%
UHAL	B	0.02%
AMP	B	0.02%
GAP	F	0.02%
LITE	B	0.02%
RH	C	0.02%
BILL	D	0.02%
M	F	0.02%
SITE	D	0.02%
GNRC	D	0.02%
DBX	C	0.02%
DLB	D	0.02%
CPRI	D	0.02%
ASH	F	0.02%
FLO	C	0.02%
WTM	F	0.02%
AGO	D	0.02%
EEFT	F	0.02%
CUZ	C	0.02%
AN	C	0.02%
FRPT	C	0.02%
SLGN	B	0.02%
OZK	F	0.02%
PSN	B	0.02%
PII	D	0.02%
AZO	B	0.02%
DOCS	B	0.02%
HOG	C	0.02%
KRC	C	0.02%
RYN	C	0.02%
AVT	B	0.02%
AL	C	0.02%
SAIA	D	0.02%
SLM	C	0.02%
WLK	C	0.02%
OLED	D	0.02%
FOX	B	0.02%
W	C	0.02%
CCCS	D	0.02%
LINE	F	0.02%
ALK	B	0.02%
LBRDK	C	0.02%
UGI	B	0.02%
JHG	B	0.02%
HXL	F	0.02%
ROIV	D	0.02%
VNT	F	0.02%
ORLY	B	0.02%
IDA	B	0.02%
WSC	D	0.02%
FNB	D	0.02%
THO	C	0.02%
LNC	C	0.02%
THG	C	0.02%
WHR	C	0.02%
KD	F	0.02%
XRAY	D	0.02%
SON	D	0.02%
NFG	B	0.02%
COLB	B	0.02%
MDU	B	0.02%
TKR	C	0.02%
PVH	D	0.02%
VMI	C	0.02%
SN	B	0.02%
POST	B	0.02%
MTDR	F	0.02%
SRCL	B	0.02%
BC	C	0.02%
WH	B	0.02%
ESI	C	0.02%
MTSI	C	0.02%
H	B	0.02%
AMG	C	0.02%
DAR	F	0.02%
RITM	D	0.02%
GWW	B	0.02%
AGCO	D	0.02%
ESAB	C	0.02%
OLLI	C	0.02%
RLI	B	0.02%
BEN	F	0.02%
GXO	D	0.02%
LEA	D	0.02%
PARA	D	0.02%
DASH	B	0.02%
AXS	B	0.02%
IVZ	B	0.02%
EXEL	C	0.01%
SNDR	B	0.01%
CERT	F	0.01%
LYFT	D	0.01%
TRIP	F	0.01%
WEN	C	0.01%
PPC	D	0.01%
UAA	C	0.01%
INFA	D	0.01%
UA	C	0.01%
GO	F	0.01%
TER	C	0.01%
MP	C	0.01%
BIRK	F	0.01%
LEN	B	0.01%
LEG	D	0.01%
FTRE	F	0.01%
SAM	D	0.01%
GLOB	D	0.01%
REYN	C	0.01%
AZEK	C	0.01%
IPGP	D	0.01%
PSTG	F	0.01%
LPX	B	0.01%
KSS	D	0.01%
PINC	D	0.01%
VSTS	D	0.01%
HAYW	C	0.01%
BR	C	0.01%
QS	F	0.01%
LLYVK	B	0.01%
ETSY	D	0.01%
JWN	C	0.01%
BROS	D	0.01%
YETI	D	0.01%
EXP	B	0.01%
HHH	C	0.01%
BOKF	C	0.01%
RCM	C	0.01%
CWEN	A	0.01%
AAP	F	0.01%
WU	C	0.01%
MASI	C	0.01%
SHC	C	0.01%
VIRT	C	0.01%
ENOV	F	0.01%
AGR	C	0.01%
ULTA	D	0.01%
VAC	D	0.01%
QDEL	D	0.01%
AZTA	F	0.01%
RKT	C	0.01%
BRKR	D	0.01%
COLM	C	0.01%
BHF	F	0.01%
SPB	B	0.01%
ALGM	D	0.01%
LOPE	D	0.01%
CLVT	D	0.01%
CNM	F	0.01%
CXT	F	0.01%
PAG	D	0.01%
FHB	D	0.01%
CNXC	F	0.01%
CPRT	D	0.01%
ZG	C	0.01%
LCID	C	0.01%
AMED	D	0.01%
SMG	B	0.01%
NWS	D	0.01%
IRDM	C	0.01%
PAYC	D	0.01%
ZI	D	0.01%
PENN	D	0.01%
VNOM	D	0.01%
PLNT	C	0.01%
NVST	D	0.01%
MPW	C	0.01%
LBTYA	B	0.01%
U	D	0.01%
DNB	D	0.01%
HIW	C	0.01%
NSA	C	0.01%
AMKR	F	0.01%
COTY	D	0.01%
MAN	C	0.01%
MSGS	B	0.01%
CTAS	C	0.01%
GTES	C	0.01%
LBTYK	B	0.01%
EPR	C	0.01%
KMPR	D	0.01%
TYL	C	0.01%
PRGO	F	0.01%
HUN	C	0.01%
NEU	D	0.01%
TPG	C	0.01%
SEG	F	0.0%
LOAR	C	0.0%
PARAA	D	0.0%
UWMC	D	0.0%
DJT	F	0.0%
LAZ	B	0.0%
GRAL	F	0.0%
UHAL	B	0.0%
IONS	F	0.0%
UI	B	0.0%
PLTK	C	0.0%
CHH	B	0.0%
CACC	F	0.0%
TFSL	D	0.0%
TXG	D	0.0%
PATH	D	0.0%
LBRDA	C	0.0%
AS	C	0.0%
SEB	D	0.0%
LLYVA	B	0.0%
PYCR	D	0.0%
NCNO	F	0.0%
LSCC	D	0.0%
WOLF	F	0.0%
CWEN	A	0.0%
HCP	A	0.0%
FIVE	D	0.0%
ALAB	C	0.0%
CNA	D	0.0%
FWONA	C	0.0%
DV	F	0.0%
MTN	D	0.0%
DDS	D	0.0%
HAS	B	0.0%

IWD Underweight 64 Positions Relative to GHYB

Symbol	Grade	Weight
XPO	D	-0.39%
WFRD	F	-0.38%
HRI	C	-0.32%
HEES	D	-0.31%
HASI	C	-0.29%
RIG	F	-0.28%
LADR	D	-0.26%
FTAI	B	-0.26%
LYV	A	-0.25%
EM	D	-0.25%
VGR	C	-0.24%
USAC	D	-0.24%
WES	D	-0.24%
TMHC	B	-0.23%
NCLH	B	-0.23%
ENLC	B	-0.23%
GT	F	-0.23%
OUT	B	-0.22%
MD	C	-0.22%
CQP	F	-0.22%
AMC	F	-0.21%
WMG	D	-0.21%
GEL	D	-0.21%
LUMN	C	-0.21%
TROX	D	-0.2%
KAR	D	-0.19%
XRX	D	-0.19%
IHRT	D	-0.19%
KW	C	-0.18%
VVV	D	-0.18%
CHDN	D	-0.18%
IT	C	-0.18%
HBI	A	-0.17%
IEP	F	-0.17%
CCS	C	-0.16%
FUN	F	-0.16%
SEM	D	-0.16%
NEP	C	-0.16%
SUN	D	-0.16%
GTN	D	-0.16%
STX	B	-0.16%
BCO	B	-0.15%
SVC	F	-0.15%
CCO	D	-0.15%
DBD	C	-0.14%
DVA	B	-0.14%
TGNA	C	-0.12%
AXL	F	-0.12%
UBER	C	-0.12%
HESM	D	-0.11%
OI	D	-0.11%
VSAT	F	-0.11%
UNIT	C	-0.11%
SBGI	C	-0.1%
BALY	C	-0.1%
COMM	C	-0.1%
SSP	F	-0.08%
NAVI	D	-0.07%
DAN	D	-0.07%
CNSL	A	-0.06%
SM	F	-0.05%
AMCX	F	-0.05%
CYH	C	-0.05%
NBR	F	-0.04%