IWD vs. JVAL ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to JPMorgan U.S. Value Factor ETF (JVAL)

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

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.23

Average Daily Volume

59,043

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	IWD	JVAL
30 Days	3.53%	4.55%
60 Days	4.90%	4.91%
90 Days	6.95%	6.18%
12 Months	29.54%	29.11%

340 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in JVAL	Overlap
AAP	C	0.01%	0.1%	0.01%
ACI	C	0.03%	0.17%	0.03%
ADI	D	0.4%	0.54%	0.4%
ADM	D	0.1%	0.24%	0.1%
AGCO	D	0.02%	0.17%	0.02%
AGNC	D	0.03%	0.11%	0.03%
AGO	B	0.02%	0.19%	0.02%
AGR	B	0.01%	0.1%	0.01%
AIG	B	0.19%	0.36%	0.19%
AKAM	D	0.05%	0.21%	0.05%
AL	B	0.02%	0.05%	0.02%
ALGM	D	0.01%	0.0%	0.0%
ALLY	C	0.03%	0.21%	0.03%
ALSN	B	0.04%	0.29%	0.04%
AMAT	F	0.04%	0.7%	0.04%
AMCR	D	0.06%	0.22%	0.06%
AMGN	D	0.13%	0.65%	0.13%
AMKR	D	0.01%	0.07%	0.01%
AN	C	0.02%	0.2%	0.02%
ANSS	B	0.11%	0.19%	0.11%
APH	A	0.14%	0.51%	0.14%
APTV	D	0.06%	0.12%	0.06%
ARMK	B	0.04%	0.13%	0.04%
ARW	D	0.02%	0.19%	0.02%
AVT	C	0.02%	0.21%	0.02%
AXS	A	0.03%	0.16%	0.03%
AYI	B	0.04%	0.2%	0.04%
BAC	A	1.23%	0.45%	0.45%
BAX	D	0.06%	0.13%	0.06%
BBWI	D	0.03%	0.12%	0.03%
BBY	D	0.08%	0.23%	0.08%
BC	C	0.02%	0.21%	0.02%
BDX	F	0.25%	0.06%	0.06%
BEN	C	0.02%	0.14%	0.02%
BERY	B	0.03%	0.19%	0.03%
BG	F	0.05%	0.14%	0.05%
BK	A	0.22%	0.4%	0.22%
BLDR	D	0.07%	0.25%	0.07%
BMY	B	0.44%	0.51%	0.44%
BOKF	B	0.01%	0.09%	0.01%
BPOP	B	0.02%	0.21%	0.02%
BRX	A	0.03%	0.01%	0.01%
BWA	D	0.03%	0.16%	0.03%
BYD	C	0.02%	0.18%	0.02%
C	A	0.51%	0.65%	0.51%
CACI	D	0.04%	0.26%	0.04%
CAG	D	0.05%	0.2%	0.05%
CAT	B	0.63%	0.85%	0.63%
CCK	C	0.04%	0.22%	0.04%
CDW	F	0.05%	0.24%	0.05%
CE	F	0.02%	0.04%	0.02%
CF	B	0.06%	0.06%	0.06%
CFG	B	0.08%	0.28%	0.08%
CI	F	0.32%	0.47%	0.32%
CIVI	D	0.01%	0.1%	0.01%
CLF	F	0.01%	0.02%	0.01%
CLVT	F	0.01%	0.14%	0.01%
CMA	A	0.04%	0.23%	0.04%
CMCSA	B	0.64%	0.49%	0.49%
CMI	A	0.19%	0.4%	0.19%
CNC	D	0.12%	0.2%	0.12%
CNH	C	0.04%	0.18%	0.04%
CNXC	F	0.01%	0.11%	0.01%
COF	B	0.27%	0.48%	0.27%
COLB	A	0.03%	0.19%	0.03%
COLM	B	0.01%	0.1%	0.01%
CPB	D	0.03%	0.17%	0.03%
CPRI	F	0.01%	0.01%	0.01%
CRI	D	0.01%	0.15%	0.01%
CRM	B	0.18%	1.33%	0.18%
CROX	D	0.02%	0.11%	0.02%
CRUS	D	0.02%	0.16%	0.02%
CSCO	B	0.91%	0.77%	0.77%
CTRA	B	0.07%	0.24%	0.07%
CTSH	B	0.15%	0.33%	0.15%
CUZ	B	0.02%	0.11%	0.02%
CVS	D	0.26%	0.4%	0.26%
CVX	A	1.08%	0.74%	0.74%
CWEN	C	0.01%	0.1%	0.01%
CWEN	C	0.0%	0.1%	0.0%
CXT	B	0.01%	0.14%	0.01%
D	C	0.19%	0.09%	0.09%
DAL	C	0.16%	0.27%	0.16%
DBX	B	0.02%	0.24%	0.02%
DD	D	0.13%	0.31%	0.13%
DDS	B	0.01%	0.1%	0.01%
DELL	C	0.12%	0.36%	0.12%
DG	F	0.06%	0.14%	0.06%
DGX	A	0.07%	0.25%	0.07%
DHI	D	0.19%	0.32%	0.19%
DINO	D	0.03%	0.16%	0.03%
DKS	C	0.04%	0.21%	0.04%
DLB	B	0.02%	0.21%	0.02%
DNB	B	0.01%	0.21%	0.01%
DOV	A	0.11%	0.3%	0.11%
DOW	F	0.12%	0.22%	0.12%
DOX	D	0.04%	0.22%	0.04%
DRI	B	0.04%	0.23%	0.04%
DV	C	0.0%	0.17%	0.0%
DVN	F	0.09%	0.13%	0.09%
DXC	B	0.01%	0.16%	0.01%
EBAY	D	0.12%	0.3%	0.12%
ED	D	0.13%	0.28%	0.13%
EHC	B	0.04%	0.15%	0.04%
ELV	F	0.3%	0.45%	0.3%
EPAM	C	0.05%	0.27%	0.05%
EPR	D	0.01%	0.18%	0.01%
EQR	B	0.11%	0.04%	0.04%
ETR	B	0.12%	0.33%	0.12%
EVRG	A	0.06%	0.24%	0.06%
EXC	C	0.15%	0.21%	0.15%
F	C	0.17%	0.34%	0.17%
FAF	A	0.03%	0.19%	0.03%
FANG	D	0.13%	0.06%	0.06%
FBIN	D	0.04%	0.12%	0.04%
FDX	B	0.26%	0.41%	0.26%
FFIV	B	0.05%	0.27%	0.05%
FHB	A	0.01%	0.13%	0.01%
FHN	A	0.04%	0.19%	0.04%
FIS	C	0.19%	0.14%	0.14%
FITB	A	0.12%	0.32%	0.12%
FMC	D	0.03%	0.12%	0.03%
FNB	A	0.02%	0.21%	0.02%
FOXA	B	0.04%	0.25%	0.04%
FTRE	D	0.01%	0.07%	0.01%
G	B	0.03%	0.14%	0.03%
GAP	C	0.02%	0.19%	0.02%
GD	F	0.31%	0.38%	0.31%
GEN	B	0.06%	0.27%	0.06%
GFS	C	0.02%	0.21%	0.02%
GILD	C	0.43%	0.52%	0.43%
GIS	D	0.14%	0.26%	0.14%
GLOB	B	0.01%	0.16%	0.01%
GLPI	C	0.05%	0.13%	0.05%
GLW	B	0.14%	0.33%	0.14%
GM	B	0.25%	0.44%	0.25%
GNTX	C	0.03%	0.18%	0.03%
GPC	D	0.07%	0.19%	0.07%
GPK	C	0.03%	0.21%	0.03%
GPN	B	0.12%	0.19%	0.12%
GRMN	B	0.13%	0.33%	0.13%
GTES	A	0.02%	0.13%	0.02%
HBAN	A	0.1%	0.3%	0.1%
HD	A	0.32%	0.82%	0.32%
HII	D	0.03%	0.16%	0.03%
HIW	D	0.01%	0.2%	0.01%
HOG	D	0.02%	0.17%	0.02%
HPE	B	0.11%	0.32%	0.11%
HPQ	B	0.11%	0.32%	0.11%
HRB	D	0.03%	0.2%	0.03%
HRL	D	0.03%	0.1%	0.03%
HSIC	B	0.03%	0.06%	0.03%
HST	C	0.05%	0.14%	0.05%
HUM	C	0.13%	0.19%	0.13%
HUN	F	0.01%	0.03%	0.01%
IAC	D	0.01%	0.1%	0.01%
IBM	C	0.73%	0.84%	0.73%
INFA	D	0.01%	0.11%	0.01%
INGR	B	0.04%	0.15%	0.04%
INTC	D	0.4%	0.6%	0.4%
IP	B	0.08%	0.26%	0.08%
IPG	D	0.04%	0.17%	0.04%
IPGP	D	0.01%	0.14%	0.01%
IVZ	B	0.03%	0.18%	0.03%
JAZZ	B	0.03%	0.13%	0.03%
JBL	B	0.05%	0.29%	0.05%
JCI	C	0.22%	0.42%	0.22%
JEF	A	0.04%	0.28%	0.04%
JHG	A	0.02%	0.2%	0.02%
JNJ	D	1.45%	1.22%	1.22%
JWN	C	0.01%	0.15%	0.01%
KBR	F	0.03%	0.24%	0.03%
KEY	B	0.07%	0.22%	0.07%
KHC	F	0.11%	0.26%	0.11%
KIM	A	0.06%	0.23%	0.06%
KMI	A	0.21%	0.39%	0.21%
KR	B	0.15%	0.32%	0.15%
KRC	C	0.02%	0.15%	0.02%
KSS	F	0.01%	0.17%	0.01%
LAD	A	0.04%	0.24%	0.04%
LDOS	C	0.08%	0.32%	0.08%
LEA	D	0.02%	0.13%	0.02%
LEG	F	0.01%	0.11%	0.01%
LEN	D	0.16%	0.3%	0.16%
LEN	D	0.01%	0.3%	0.01%
LH	C	0.08%	0.16%	0.08%
LHX	C	0.18%	0.31%	0.18%
LKQ	D	0.04%	0.16%	0.04%
LNC	B	0.02%	0.08%	0.02%
LOPE	B	0.01%	0.0%	0.0%
LPX	B	0.01%	0.12%	0.01%
LYB	F	0.08%	0.23%	0.08%
M	D	0.02%	0.18%	0.02%
MAN	D	0.01%	0.17%	0.01%
MCHP	D	0.13%	0.28%	0.13%
MDT	D	0.44%	0.51%	0.44%
MDU	D	0.01%	0.13%	0.01%
MGM	D	0.03%	0.18%	0.03%
MO	A	0.37%	0.5%	0.37%
MOS	F	0.03%	0.21%	0.03%
MPC	D	0.22%	0.36%	0.22%
MPW	F	0.01%	0.09%	0.01%
MRO	B	0.06%	0.25%	0.06%
MRVL	B	0.27%	0.48%	0.27%
MSM	C	0.01%	0.2%	0.01%
MTB	A	0.14%	0.27%	0.14%
MTCH	D	0.03%	0.18%	0.03%
MTG	C	0.03%	0.2%	0.03%
MTN	C	0.0%	0.08%	0.0%
MU	D	0.41%	0.42%	0.41%
NFG	A	0.02%	0.2%	0.02%
NNN	D	0.03%	0.1%	0.03%
NTAP	C	0.05%	0.27%	0.05%
NUE	C	0.14%	0.31%	0.14%
NVR	D	0.1%	0.2%	0.1%
NVT	B	0.05%	0.04%	0.04%
NWL	B	0.01%	0.12%	0.01%
NWSA	B	0.04%	0.23%	0.04%
NXST	C	0.01%	0.21%	0.01%
OC	A	0.07%	0.26%	0.07%
OGE	B	0.03%	0.23%	0.03%
OGN	D	0.02%	0.06%	0.02%
OHI	C	0.04%	0.22%	0.04%
OKTA	C	0.03%	0.13%	0.03%
OLED	D	0.01%	0.19%	0.01%
OMC	C	0.07%	0.25%	0.07%
OMF	A	0.02%	0.21%	0.02%
ON	D	0.11%	0.28%	0.11%
ORI	A	0.04%	0.23%	0.04%
OSK	B	0.03%	0.22%	0.03%
OVV	B	0.04%	0.19%	0.04%
OZK	B	0.02%	0.13%	0.02%
PAG	B	0.01%	0.18%	0.01%
PARA	C	0.02%	0.12%	0.02%
PATH	C	0.0%	0.13%	0.0%
PAYC	B	0.02%	0.31%	0.02%
PB	A	0.03%	0.15%	0.03%
PCAR	B	0.22%	0.39%	0.22%
PFE	D	0.55%	0.65%	0.55%
PFG	D	0.08%	0.25%	0.08%
PH	A	0.35%	0.15%	0.15%
PHM	D	0.1%	0.27%	0.1%
PII	D	0.01%	0.09%	0.01%
PINC	B	0.01%	0.11%	0.01%
PK	B	0.01%	0.14%	0.01%
PKG	A	0.08%	0.29%	0.08%
PM	B	0.78%	0.52%	0.52%
PNC	B	0.32%	0.13%	0.13%
PNR	A	0.07%	0.29%	0.07%
PNW	B	0.04%	0.22%	0.04%
POST	C	0.02%	0.12%	0.02%
PPC	C	0.01%	0.09%	0.01%
PPL	B	0.1%	0.27%	0.1%
PR	B	0.03%	0.13%	0.03%
PRGO	B	0.01%	0.1%	0.01%
PRU	A	0.18%	0.35%	0.18%
PSN	D	0.02%	0.15%	0.02%
PSX	C	0.21%	0.37%	0.21%
PTC	A	0.03%	0.18%	0.03%
PVH	C	0.02%	0.16%	0.02%
QCOM	F	0.04%	0.79%	0.04%
QRVO	F	0.02%	0.14%	0.02%
R	B	0.03%	0.26%	0.03%
REG	B	0.05%	0.12%	0.05%
RF	A	0.09%	0.26%	0.09%
RGA	A	0.06%	0.09%	0.06%
RHI	B	0.03%	0.19%	0.03%
RL	B	0.03%	0.22%	0.03%
ROP	B	0.23%	0.4%	0.23%
RPRX	D	0.04%	0.11%	0.04%
RS	B	0.07%	0.26%	0.07%
RTX	C	0.61%	0.48%	0.48%
RVTY	F	0.05%	0.14%	0.05%
SAIC	F	0.02%	0.23%	0.02%
SCI	B	0.05%	0.24%	0.05%
SEE	C	0.01%	0.09%	0.01%
SIRI	C	0.02%	0.1%	0.02%
SJM	D	0.04%	0.14%	0.04%
SLGN	A	0.02%	0.21%	0.02%
SNA	A	0.07%	0.31%	0.07%
SNDR	B	0.01%	0.1%	0.01%
SNV	B	0.03%	0.23%	0.03%
SNX	C	0.03%	0.22%	0.03%
SOLV	C	0.04%	0.05%	0.04%
SON	D	0.02%	0.12%	0.02%
SPB	C	0.01%	0.1%	0.01%
SPG	B	0.17%	0.32%	0.17%
SSNC	B	0.06%	0.24%	0.06%
ST	F	0.02%	0.18%	0.02%
STT	A	0.11%	0.29%	0.11%
STWD	C	0.02%	0.17%	0.02%
SWK	D	0.05%	0.12%	0.05%
SWKS	F	0.05%	0.2%	0.05%
SYF	B	0.1%	0.34%	0.1%
T	A	0.63%	0.65%	0.63%
TAP	C	0.04%	0.25%	0.04%
TER	D	0.01%	0.22%	0.01%
TFC	A	0.24%	0.41%	0.24%
TFX	F	0.04%	0.07%	0.04%
TGT	F	0.27%	0.34%	0.27%
THC	D	0.06%	0.21%	0.06%
THO	B	0.02%	0.19%	0.02%
TNL	A	0.01%	0.19%	0.01%
TOL	B	0.06%	0.25%	0.06%
TPR	B	0.05%	0.24%	0.05%
TSN	B	0.07%	0.1%	0.07%
TWLO	A	0.05%	0.37%	0.05%
TXN	C	0.63%	0.82%	0.63%
TXT	D	0.06%	0.19%	0.06%
U	C	0.01%	0.12%	0.01%
UAL	A	0.12%	0.27%	0.12%
UGI	A	0.02%	0.2%	0.02%
UHAL	D	0.0%	0.04%	0.0%
UHAL	D	0.01%	0.04%	0.01%
UHS	D	0.05%	0.2%	0.05%
UNH	C	1.98%	1.77%	1.77%
UNM	A	0.05%	0.28%	0.05%
USB	A	0.3%	0.42%	0.3%
UTHR	C	0.06%	0.26%	0.06%
VAC	B	0.01%	0.2%	0.01%
VFC	C	0.03%	0.08%	0.03%
VICI	C	0.13%	0.28%	0.13%
VLO	C	0.17%	0.24%	0.17%
VOYA	B	0.03%	0.1%	0.03%
VRSN	F	0.06%	0.14%	0.06%
VTRS	A	0.06%	0.24%	0.06%
VZ	C	0.68%	0.2%	0.2%
WAL	B	0.04%	0.22%	0.04%
WBS	A	0.04%	0.17%	0.04%
WCC	B	0.03%	0.27%	0.03%
WEN	D	0.01%	0.14%	0.01%
WH	B	0.03%	0.13%	0.03%
WHR	B	0.02%	0.2%	0.02%
WPC	D	0.05%	0.12%	0.05%
WSM	B	0.03%	0.21%	0.03%
WU	D	0.01%	0.16%	0.01%
ZBH	C	0.09%	0.17%	0.09%
ZI	D	0.01%	0.21%	0.01%
ZION	B	0.03%	0.19%	0.03%
ZM	B	0.08%	0.31%	0.08%

IWD Overweight 525 Positions Relative to JVAL

Symbol	Grade	Weight
BRK.A	B	3.35%
JPM	A	2.74%
XOM	B	2.08%
WMT	A	1.42%
PG	A	1.21%
WFC	A	1.01%
ACN	C	0.86%
LIN	D	0.84%
DIS	B	0.82%
ABT	B	0.78%
MCD	D	0.77%
TMO	F	0.76%
ABBV	D	0.65%
NEE	D	0.61%
SPGI	C	0.61%
LOW	D	0.6%
BLK	C	0.6%
GE	D	0.59%
DHR	F	0.58%
MS	A	0.57%
ETN	A	0.56%
GS	A	0.53%
COP	C	0.51%
BSX	B	0.5%
HON	B	0.49%
CB	C	0.45%
TMUS	B	0.44%
SCHW	B	0.42%
PLD	D	0.41%
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%
GEV	B	0.35%
MDLZ	F	0.34%
DUK	C	0.34%
PYPL	B	0.34%
ICE	C	0.34%
CME	A	0.32%
WELL	A	0.32%
FI	A	0.32%
EQIX	A	0.31%
BA	F	0.31%
EOG	A	0.3%
LMT	D	0.3%
AMD	F	0.29%
AON	A	0.29%
UNP	C	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%
APD	A	0.27%
CRH	A	0.26%
MAR	B	0.25%
OKE	A	0.25%
TT	A	0.24%
FCX	D	0.24%
SLB	C	0.24%
AFL	B	0.24%
CARR	D	0.24%
DLR	B	0.23%
MMM	D	0.23%
SRE	A	0.23%
NSC	B	0.23%
AJG	B	0.23%
CEG	D	0.23%
TRV	B	0.23%
VRTX	F	0.23%
TJX	A	0.22%
TDG	D	0.21%
ITW	B	0.2%
AEP	D	0.2%
HCA	F	0.19%
MET	A	0.19%
O	D	0.19%
MSTR	C	0.19%
PSA	D	0.18%
CCI	D	0.18%
KVUE	A	0.18%
PEP	F	0.18%
NEM	D	0.18%
HWM	A	0.17%
RSG	A	0.17%
BKR	B	0.17%
EA	A	0.17%
ALL	A	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%
IR	B	0.16%
URI	B	0.16%
MSI	B	0.16%
A	D	0.15%
FERG	B	0.15%
STZ	D	0.15%
CTVA	C	0.15%
XEL	A	0.15%
NKE	D	0.14%
KDP	D	0.14%
ROST	C	0.14%
RCL	A	0.14%
CHTR	C	0.14%
ACGL	D	0.14%
NDAQ	A	0.13%
AVB	B	0.13%
PWR	A	0.13%
EW	C	0.13%
OXY	D	0.13%
GEHC	F	0.13%
MLM	B	0.13%
WAB	B	0.13%
CL	D	0.13%
EXR	D	0.13%
HIG	B	0.13%
HLT	A	0.12%
ROK	B	0.12%
RJF	A	0.12%
TTWO	A	0.12%
IQV	D	0.12%
WEC	A	0.12%
EIX	B	0.12%
WTW	B	0.12%
SQ	B	0.11%
VMC	B	0.11%
PPG	F	0.11%
CSGP	D	0.11%
XYL	D	0.11%
PAYX	C	0.11%
RMD	C	0.1%
DTE	C	0.1%
MTD	D	0.1%
SBUX	A	0.1%
VTR	C	0.1%
KEYS	A	0.1%
TROW	B	0.1%
HAL	C	0.1%
AWK	D	0.1%
FTV	C	0.1%
FCNCA	A	0.1%
KMB	D	0.1%
CHD	B	0.1%
SW	A	0.1%
IFF	D	0.09%
WBD	C	0.09%
WY	D	0.09%
YUM	B	0.09%
CINF	A	0.09%
BIIB	F	0.09%
HUBB	B	0.09%
PGR	A	0.09%
EQT	B	0.09%
SBAC	D	0.09%
LNG	B	0.09%
FE	C	0.09%
AEE	A	0.09%
CCL	B	0.09%
EFX	F	0.09%
COO	D	0.08%
LUV	C	0.08%
CNP	B	0.08%
FSLR	F	0.08%
CMS	C	0.08%
WDC	D	0.08%
INVH	D	0.08%
STLD	B	0.08%
K	A	0.08%
CBOE	B	0.08%
HSY	F	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
ILMN	D	0.08%
EXE	B	0.08%
APO	B	0.08%
STE	F	0.08%
ES	D	0.08%
TDY	B	0.08%
ATO	A	0.08%
MKL	A	0.07%
CVNA	B	0.07%
TRMB	B	0.07%
MAS	D	0.07%
IEX	B	0.07%
J	F	0.07%
TRU	D	0.07%
CSL	C	0.07%
WRB	A	0.07%
HOLX	D	0.07%
WSO	A	0.07%
ARE	D	0.07%
MAA	B	0.07%
MKC	D	0.07%
BALL	D	0.07%
IBKR	A	0.07%
MSCI	C	0.07%
ESS	B	0.07%
SYY	B	0.06%
EXPD	D	0.06%
EWBC	A	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%
USFD	A	0.06%
JBHT	C	0.06%
L	A	0.06%
GGG	B	0.06%
SUI	D	0.06%
ZBRA	B	0.06%
LNT	A	0.06%
FNF	B	0.06%
NI	A	0.06%
Z	A	0.05%
SOFI	A	0.05%
CAH	B	0.05%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
JNPR	F	0.05%
BMRN	D	0.05%
NTNX	A	0.05%
FTI	A	0.05%
ALLE	D	0.05%
ALB	C	0.05%
CASY	A	0.05%
BXP	D	0.05%
CPT	B	0.05%
COHR	B	0.05%
ITT	A	0.05%
CLH	B	0.05%
JKHY	D	0.05%
AMH	D	0.05%
CHRW	C	0.05%
DLTR	F	0.05%
ELS	C	0.05%
AFRM	B	0.05%
RPM	A	0.05%
RNR	C	0.05%
EG	C	0.05%
CW	B	0.05%
VLTO	D	0.05%
EME	C	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TW	A	0.04%
WST	C	0.04%
GMED	A	0.04%
REXR	F	0.04%
BWXT	B	0.04%
DCI	B	0.04%
RGLD	C	0.04%
PNFP	B	0.04%
EL	F	0.04%
BRBR	A	0.04%
FRT	B	0.04%
CRL	C	0.04%
COIN	C	0.04%
MKTX	D	0.04%
CIEN	B	0.04%
DPZ	C	0.04%
GL	B	0.04%
DTM	B	0.04%
WTRG	B	0.04%
AES	F	0.04%
NLY	C	0.04%
AVY	D	0.04%
AFG	A	0.04%
GME	C	0.04%
DAY	B	0.04%
BLD	D	0.04%
WWD	B	0.04%
PRI	A	0.04%
BKNG	A	0.04%
TECH	D	0.04%
EVR	B	0.04%
CTLT	B	0.04%
CUBE	D	0.04%
FWONK	B	0.04%
FTNT	C	0.04%
PFGC	B	0.04%
ATR	B	0.04%
CG	A	0.04%
AA	B	0.04%
RRX	B	0.04%
NRG	B	0.04%
INCY	C	0.04%
KMX	B	0.04%
SF	B	0.04%
AIZ	A	0.04%
BJ	A	0.04%
CGNX	C	0.03%
LSTR	D	0.03%
BILL	A	0.03%
STAG	F	0.03%
AZPN	A	0.03%
WEX	D	0.03%
HR	C	0.03%
GWW	B	0.03%
VMI	B	0.03%
MKSI	C	0.03%
ALK	C	0.03%
DAR	C	0.03%
FCN	D	0.03%
FND	C	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%
VNO	B	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%
LW	C	0.03%
ROKU	D	0.03%
CHE	D	0.03%
DASH	A	0.03%
MNST	C	0.03%
ADC	B	0.03%
KEX	C	0.03%
FLS	B	0.03%
SHW	A	0.03%
RRC	B	0.03%
CHRD	D	0.03%
CZR	F	0.03%
X	C	0.03%
ECL	D	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%
WAT	B	0.03%
RIVN	F	0.03%
FICO	B	0.03%
EGP	F	0.03%
NYT	C	0.03%
MTZ	B	0.03%
CR	A	0.03%
JLL	D	0.03%
CBSH	A	0.03%
TTC	D	0.03%
FYBR	D	0.03%
WTFC	A	0.03%
WYNN	D	0.03%
GWRE	A	0.03%
TTEK	F	0.03%
AAL	B	0.03%
AOS	F	0.03%
KNX	B	0.03%
ADP	B	0.03%
AR	B	0.03%
HLI	B	0.03%
AXTA	A	0.03%
RBC	A	0.03%
LINE	F	0.02%
SITE	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
WLK	D	0.02%
KMPR	B	0.02%
AWI	A	0.02%
RYN	D	0.02%
WSC	D	0.02%
EEFT	B	0.02%
AZO	C	0.02%
FRPT	B	0.02%
ROIV	C	0.02%
OLN	D	0.02%
TKR	D	0.02%
WTM	A	0.02%
HXL	D	0.02%
AMP	A	0.02%
BFAM	D	0.02%
SLM	A	0.02%
SN	D	0.02%
CCCS	B	0.02%
LITE	B	0.02%
EXAS	D	0.02%
GNRC	B	0.02%
ORLY	B	0.02%
RITM	C	0.02%
OLLI	D	0.02%
DOCS	C	0.02%
FOX	A	0.02%
H	B	0.02%
WMS	D	0.02%
SAIA	B	0.02%
THG	A	0.02%
AMG	B	0.02%
ONTO	D	0.02%
VNT	B	0.02%
LFUS	F	0.02%
IDA	A	0.02%
RGEN	D	0.02%
S	B	0.02%
WBA	F	0.02%
BIO	D	0.02%
MTDR	B	0.02%
COLD	D	0.02%
ESI	A	0.02%
NOV	C	0.02%
MOH	F	0.02%
KD	B	0.02%
MSA	D	0.02%
MAT	D	0.02%
LLYVA	A	0.01%
TRIP	F	0.01%
REYN	D	0.01%
EXEL	B	0.01%
GO	C	0.01%
UA	C	0.01%
QS	F	0.01%
BIRK	D	0.01%
ALAB	B	0.01%
VSTS	C	0.01%
PSTG	D	0.01%
QDEL	F	0.01%
AZEK	A	0.01%
RKT	F	0.01%
LBTYK	A	0.01%
LCID	F	0.01%
ETSY	D	0.01%
UAA	C	0.01%
LBTYA	B	0.01%
LYFT	C	0.01%
BRKR	D	0.01%
SHC	F	0.01%
ADT	C	0.01%
RCM	F	0.01%
AZTA	D	0.01%
YETI	C	0.01%
HAYW	B	0.01%
SAM	C	0.01%
BR	A	0.01%
ULTA	F	0.01%
MP	B	0.01%
HHH	B	0.01%
EXP	A	0.01%
ENOV	C	0.01%
CC	C	0.01%
COTY	F	0.01%
CNM	D	0.01%
VIRT	B	0.01%
ECG	C	0.01%
AMED	F	0.01%
SNRE	D	0.01%
NSA	D	0.01%
LLYVK	A	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%
BHF	B	0.01%
AM	A	0.01%
MASI	A	0.01%
ZG	A	0.01%
ALNY	D	0.01%
CPRT	A	0.01%
ACHC	F	0.01%
NVST	B	0.01%
NWS	B	0.01%
W	F	0.01%
VNOM	A	0.01%
XRAY	F	0.01%
MSGS	A	0.01%
NEU	C	0.01%
RH	B	0.01%
PLNT	A	0.01%
CTAS	B	0.01%
TYL	B	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%
WOLF	F	0.0%
LSCC	D	0.0%
FIVE	F	0.0%
HCP	B	0.0%
CAR	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%
LBRDA	C	0.0%
NCNO	B	0.0%

IWD Underweight 25 Positions Relative to JVAL

Symbol	Grade	Weight
GOOGL	C	-2.17%
META	D	-2.12%
AVGO	D	-1.92%
AAPL	C	-1.87%
MSFT	F	-1.78%
ORCL	B	-1.24%
APP	B	-0.87%
INTU	C	-0.81%
MRK	F	-0.66%
LRCX	F	-0.51%
KLAC	D	-0.46%
VRT	B	-0.43%
GDDY	A	-0.32%
WDAY	B	-0.29%
PEGA	A	-0.25%
DOCU	A	-0.19%
CRBG	B	-0.18%
MUSA	A	-0.16%
LVS	C	-0.15%
POOL	C	-0.13%
ENTG	D	-0.12%
BSY	D	-0.11%
ADTN	A	-0.11%
TDC	D	-0.11%
DT	C	-0.06%