IWD vs. PTNQ ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Pacer Trendpilot 100 ETF (PTNQ)

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

PTNQ

Pacer Trendpilot 100 ETF

PTNQ Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer NASDAQ-100 Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund&#39;s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$74.92

Average Daily Volume

37,858

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IWD	PTNQ
30 Days	3.53%	2.03%
60 Days	4.90%	2.87%
90 Days	6.95%	3.57%
12 Months	29.54%	16.21%

60 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in PTNQ	Overlap
ADI	D	0.4%	0.38%	0.38%
ADP	B	0.03%	0.45%	0.03%
AEP	D	0.2%	0.19%	0.19%
AMAT	F	0.04%	0.52%	0.04%
AMD	F	0.29%	0.82%	0.29%
AMGN	D	0.13%	0.55%	0.13%
ANSS	B	0.11%	0.11%	0.11%
BIIB	F	0.09%	0.08%	0.08%
BKNG	A	0.04%	0.62%	0.04%
BKR	B	0.17%	0.16%	0.16%
CDW	F	0.05%	0.09%	0.05%
CEG	D	0.23%	0.27%	0.23%
CHTR	C	0.14%	0.2%	0.14%
CMCSA	B	0.64%	0.61%	0.61%
CPRT	A	0.01%	0.2%	0.01%
CSCO	B	0.91%	0.85%	0.85%
CSGP	D	0.11%	0.11%	0.11%
CSX	B	0.27%	0.25%	0.25%
CTAS	B	0.01%	0.32%	0.01%
CTSH	B	0.15%	0.14%	0.14%
DASH	A	0.03%	0.24%	0.03%
DLTR	F	0.05%	0.05%	0.05%
EA	A	0.17%	0.16%	0.16%
EXC	C	0.15%	0.14%	0.14%
FANG	D	0.13%	0.12%	0.12%
FAST	B	0.03%	0.17%	0.03%
FTNT	C	0.04%	0.26%	0.04%
GEHC	F	0.13%	0.14%	0.13%
GFS	C	0.02%	0.08%	0.02%
GILD	C	0.43%	0.4%	0.4%
HON	B	0.49%	0.55%	0.49%
ILMN	D	0.08%	0.08%	0.08%
INTC	D	0.4%	0.39%	0.39%
KDP	D	0.14%	0.15%	0.14%
KHC	F	0.11%	0.14%	0.11%
LIN	D	0.84%	0.79%	0.79%
MAR	B	0.25%	0.29%	0.25%
MCHP	D	0.13%	0.13%	0.13%
MDLZ	F	0.34%	0.31%	0.31%
MNST	C	0.03%	0.19%	0.03%
MRNA	F	0.05%	0.06%	0.05%
MRVL	B	0.27%	0.28%	0.27%
MU	D	0.41%	0.39%	0.39%
ON	D	0.11%	0.1%	0.1%
ORLY	B	0.02%	0.26%	0.02%
PAYX	C	0.11%	0.19%	0.11%
PCAR	B	0.22%	0.21%	0.21%
PEP	F	0.18%	0.8%	0.18%
PYPL	B	0.34%	0.32%	0.32%
QCOM	F	0.04%	0.67%	0.04%
REGN	F	0.28%	0.3%	0.28%
ROP	B	0.23%	0.21%	0.21%
ROST	C	0.14%	0.17%	0.14%
SBUX	A	0.1%	0.42%	0.1%
TMUS	B	0.44%	1.02%	0.44%
TTWO	A	0.12%	0.11%	0.11%
TXN	C	0.63%	0.69%	0.63%
VRTX	F	0.23%	0.44%	0.23%
WBD	C	0.09%	0.08%	0.08%
XEL	A	0.15%	0.14%	0.14%

IWD Overweight 805 Positions Relative to PTNQ

Symbol	Grade	Weight
BRK.A	B	3.35%
JPM	A	2.74%
XOM	B	2.08%
UNH	C	1.98%
JNJ	D	1.45%
WMT	A	1.42%
BAC	A	1.23%
PG	A	1.21%
CVX	A	1.08%
WFC	A	1.01%
ACN	C	0.86%
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%
ABBV	D	0.65%
CAT	B	0.63%
T	A	0.63%
NEE	D	0.61%
SPGI	C	0.61%
RTX	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%
PFE	D	0.55%
GS	A	0.53%
COP	C	0.51%
C	A	0.51%
BSX	B	0.5%
CB	C	0.45%
MDT	D	0.44%
BMY	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%
MO	A	0.37%
SO	D	0.37%
PH	A	0.35%
GEV	B	0.35%
DUK	C	0.34%
ICE	C	0.34%
CME	A	0.32%
CI	F	0.32%
HD	A	0.32%
WELL	A	0.32%
FI	A	0.32%
PNC	B	0.32%
GD	F	0.31%
EQIX	A	0.31%
BA	F	0.31%
EOG	A	0.3%
LMT	D	0.3%
USB	A	0.3%
ELV	F	0.3%
AON	A	0.29%
UNP	C	0.29%
KKR	A	0.28%
EMR	A	0.28%
NOC	D	0.27%
WMB	A	0.27%
COF	B	0.27%
APD	A	0.27%
TGT	F	0.27%
FDX	B	0.26%
CVS	D	0.26%
CRH	A	0.26%
GM	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%
DLR	B	0.23%
MMM	D	0.23%
SRE	A	0.23%
NSC	B	0.23%
AJG	B	0.23%
TRV	B	0.23%
MPC	D	0.22%
TJX	A	0.22%
JCI	C	0.22%
BK	A	0.22%
KMI	A	0.21%
TDG	D	0.21%
PSX	C	0.21%
ITW	B	0.2%
DHI	D	0.19%
D	C	0.19%
HCA	F	0.19%
MET	A	0.19%
AIG	B	0.19%
O	D	0.19%
FIS	C	0.19%
CMI	A	0.19%
MSTR	C	0.19%
PSA	D	0.18%
CCI	D	0.18%
KVUE	A	0.18%
PRU	A	0.18%
CRM	B	0.18%
LHX	C	0.18%
NEM	D	0.18%
HWM	A	0.17%
RSG	A	0.17%
F	C	0.17%
SPG	B	0.17%
ALL	A	0.17%
DFS	B	0.17%
PEG	A	0.17%
AME	A	0.17%
MCK	B	0.17%
VLO	C	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%
KR	B	0.15%
CTVA	C	0.15%
APH	A	0.14%
NKE	D	0.14%
NUE	C	0.14%
GIS	D	0.14%
MTB	A	0.14%
GLW	B	0.14%
RCL	A	0.14%
ACGL	D	0.14%
GRMN	B	0.13%
NDAQ	A	0.13%
AVB	B	0.13%
PWR	A	0.13%
EW	C	0.13%
VICI	C	0.13%
HUM	C	0.13%
OXY	D	0.13%
ED	D	0.13%
MLM	B	0.13%
WAB	B	0.13%
CL	D	0.13%
DD	D	0.13%
EXR	D	0.13%
HIG	B	0.13%
GPN	B	0.12%
HLT	A	0.12%
ROK	B	0.12%
UAL	A	0.12%
CNC	D	0.12%
DELL	C	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%
FITB	A	0.12%
SQ	B	0.11%
HPQ	B	0.11%
HPE	B	0.11%
VMC	B	0.11%
DOV	A	0.11%
EQR	B	0.11%
PPG	F	0.11%
STT	A	0.11%
XYL	D	0.11%
RMD	C	0.1%
DTE	C	0.1%
PPL	B	0.1%
MTD	D	0.1%
ADM	D	0.1%
HBAN	A	0.1%
SYF	B	0.1%
VTR	C	0.1%
NVR	D	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%
PHM	D	0.1%
CHD	B	0.1%
SW	A	0.1%
IFF	D	0.09%
WY	D	0.09%
ZBH	C	0.09%
YUM	B	0.09%
CINF	A	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%
DVN	F	0.09%
RF	A	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%
LH	C	0.08%
PFG	D	0.08%
BBY	D	0.08%
IP	B	0.08%
FSLR	F	0.08%
CMS	C	0.08%
WDC	D	0.08%
INVH	D	0.08%
STLD	B	0.08%
PKG	A	0.08%
CFG	B	0.08%
K	A	0.08%
CBOE	B	0.08%
ZM	B	0.08%
HSY	F	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
LYB	F	0.08%
EXE	B	0.08%
APO	B	0.08%
LDOS	C	0.08%
STE	F	0.08%
ES	D	0.08%
TDY	B	0.08%
ATO	A	0.08%
MKL	A	0.07%
OC	A	0.07%
CVNA	B	0.07%
GPC	D	0.07%
TRMB	B	0.07%
MAS	D	0.07%
IEX	B	0.07%
PNR	A	0.07%
J	F	0.07%
TRU	D	0.07%
CSL	C	0.07%
RS	B	0.07%
KEY	B	0.07%
DGX	A	0.07%
WRB	A	0.07%
HOLX	D	0.07%
WSO	A	0.07%
TSN	B	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%
MSCI	C	0.07%
BLDR	D	0.07%
ESS	B	0.07%
SYY	B	0.06%
EVRG	A	0.06%
EXPD	D	0.06%
EWBC	A	0.06%
VRSN	F	0.06%
HES	B	0.06%
APTV	D	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%
THC	D	0.06%
AMCR	D	0.06%
USFD	A	0.06%
JBHT	C	0.06%
L	A	0.06%
GGG	B	0.06%
RGA	A	0.06%
VTRS	A	0.06%
SUI	D	0.06%
ZBRA	B	0.06%
TOL	B	0.06%
LNT	A	0.06%
SSNC	B	0.06%
FNF	B	0.06%
UTHR	C	0.06%
CF	B	0.06%
TXT	D	0.06%
MRO	B	0.06%
GEN	B	0.06%
BAX	D	0.06%
KIM	A	0.06%
NI	A	0.06%
DG	F	0.06%
Z	A	0.05%
UHS	D	0.05%
SOFI	A	0.05%
CAH	B	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%
NTNX	A	0.05%
WPC	D	0.05%
FTI	A	0.05%
ALLE	D	0.05%
ALB	C	0.05%
CASY	A	0.05%
BXP	D	0.05%
EPAM	C	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%
CAG	D	0.05%
BG	F	0.05%
GLPI	C	0.05%
CHRW	C	0.05%
UNM	A	0.05%
JBL	B	0.05%
ELS	C	0.05%
TPR	B	0.05%
AFRM	B	0.05%
SWK	D	0.05%
AKAM	D	0.05%
TWLO	A	0.05%
RPM	A	0.05%
RNR	C	0.05%
NTAP	C	0.05%
EG	C	0.05%
SWKS	F	0.05%
RVTY	F	0.05%
REG	B	0.05%
CW	B	0.05%
FFIV	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%
TFX	F	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%
JEF	A	0.04%
SOLV	C	0.04%
DRI	B	0.04%
PNFP	B	0.04%
EL	F	0.04%
BRBR	A	0.04%
FRT	B	0.04%
CNH	C	0.04%
CRL	C	0.04%
COIN	C	0.04%
MKTX	D	0.04%
CIEN	B	0.04%
DOX	D	0.04%
DPZ	C	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%
AES	F	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%
DAY	B	0.04%
LKQ	D	0.04%
ALSN	B	0.04%
AYI	B	0.04%
BLD	D	0.04%
WWD	B	0.04%
IPG	D	0.04%
WBS	A	0.04%
CACI	D	0.04%
PRI	A	0.04%
TECH	D	0.04%
PNW	B	0.04%
FOXA	B	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%
PFGC	B	0.04%
TAP	C	0.04%
SJM	D	0.04%
ATR	B	0.04%
CG	A	0.04%
AA	B	0.04%
FHN	A	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%
OVV	B	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%
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%
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%
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%
COKE	C	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%
RHI	B	0.03%
JAZZ	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%
CZR	F	0.03%
SNV	B	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%
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%
MTZ	B	0.03%
CR	A	0.03%
JLL	D	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%
ZION	B	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%
KNX	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%
SITE	D	0.02%
HOG	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
GTES	A	0.02%
PAYC	B	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%
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%
AZO	C	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%
AMP	A	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%
H	B	0.02%
WMS	D	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%
CE	F	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%
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%
BIRK	D	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%
PPC	C	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%
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%
BR	A	0.01%
ULTA	F	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%
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%
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%
UHAL	D	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%
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%
UHAL	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 41 Positions Relative to PTNQ

Symbol	Grade	Weight
AAPL	C	-4.92%
NVDA	C	-4.88%
MSFT	F	-4.39%
AMZN	C	-3.01%
AVGO	D	-2.82%
META	D	-2.73%
TSLA	B	-2.32%
COST	B	-1.5%
GOOGL	C	-1.46%
GOOG	C	-1.41%
NFLX	A	-1.34%
ADBE	C	-0.81%
ISRG	A	-0.69%
INTU	C	-0.69%
PANW	C	-0.46%
MELI	D	-0.35%
LRCX	F	-0.34%
KLAC	D	-0.31%
SNPS	B	-0.3%
PDD	F	-0.29%
CRWD	B	-0.29%
CDNS	B	-0.29%
ADSK	A	-0.24%
ASML	F	-0.23%
NXPI	D	-0.21%
ABNB	C	-0.21%
WDAY	B	-0.2%
TTD	B	-0.19%
ODFL	B	-0.17%
VRSK	A	-0.15%
LULU	C	-0.14%
TEAM	A	-0.14%
DDOG	A	-0.14%
CCEP	C	-0.13%
IDXX	F	-0.13%
AZN	D	-0.13%
ZS	C	-0.11%
DXCM	D	-0.11%
MDB	C	-0.08%
ARM	D	-0.06%
SMCI	F	-0.05%