IWD vs. REVS ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Columbia Research Enhanced Value ETF (REVS)

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

$189.62

Average Daily Volume

1,543,421

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

REVS

Columbia Research Enhanced Value ETF

REVS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Value Index. The fund invests at least 80% of its assets in the securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the Russell 1000® Value Index, designed to achieve stronger total return when compared to the Russell 1000® Value Index, which is a broad measure of the performance of U.S. large- and mid-cap value companies.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

11,772

Number of Holdings ^*

301

* may have additional holdings in another (foreign) market

Performance

Period	IWD	REVS
30 Days	2.56%	2.09%
60 Days	9.52%	9.28%
90 Days	9.70%	9.67%
12 Months	30.25%	30.36%

302 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in REVS	Overlap
	ABBV	C	0.79%	0.78%	0.78%
	ACI	F	0.03%	0.1%	0.03%
	ACM	A	0.06%	0.16%	0.06%
	ADM	F	0.11%	0.35%	0.11%
	ADP	A	0.03%	0.09%	0.03%
	AEE	A	0.09%	0.4%	0.09%
	AES	C	0.06%	0.25%	0.06%
	AIZ	B	0.04%	0.1%	0.04%
	ALGM	F	0.01%	0.05%	0.01%
	ALL	A	0.17%	0.41%	0.17%
	ALNY	C	0.02%	0.01%	0.01%
	ALSN	A	0.03%	0.09%	0.03%
	AMAT	C	0.05%	0.22%	0.05%
	AMG	B	0.02%	0.05%	0.02%
	AMGN	D	0.15%	0.15%	0.15%
	AMH	D	0.05%	0.18%	0.05%
	AMKR	F	0.01%	0.06%	0.01%
	AOS	C	0.04%	0.12%	0.04%
	ARE	D	0.08%	0.28%	0.08%
	ARMK	C	0.04%	0.12%	0.04%
	ASH	F	0.02%	0.06%	0.02%
	AVTR	D	0.07%	0.23%	0.07%
	AXS	A	0.02%	0.06%	0.02%
	AYI	A	0.04%	0.1%	0.04%
	AZO	D	0.02%	0.06%	0.02%
	AZTA	F	0.01%	0.03%	0.01%
	BAC	B	1.06%	2.63%	1.06%
	BAX	D	0.07%	0.26%	0.07%
	BEN	F	0.02%	0.06%	0.02%
	BG	F	0.05%	0.17%	0.05%
	BIIB	F	0.11%	0.11%	0.11%
	BILL	D	0.02%	0.06%	0.02%
	BK	A	0.21%	0.51%	0.21%
	BKNG	B	0.03%	0.11%	0.03%
	BLD	D	0.05%	0.14%	0.05%
	BLDR	C	0.08%	0.24%	0.08%
	BLK	A	0.55%	1.34%	0.55%
	BMRN	F	0.05%	0.05%	0.05%
	BMY	A	0.43%	1.3%	0.43%
	BR	B	0.01%	0.02%	0.01%
	BRBR	A	0.03%	0.1%	0.03%
	BRX	C	0.03%	0.11%	0.03%
	C	B	0.47%	1.16%	0.47%
	CACI	A	0.04%	0.12%	0.04%
	CAG	D	0.06%	0.19%	0.06%
	CAH	B	0.04%	0.14%	0.04%
	CAT	A	0.65%	1.86%	0.65%
	CBOE	B	0.09%	0.21%	0.09%
	CCL	C	0.07%	0.23%	0.07%
	CE	D	0.04%	0.17%	0.04%
	CF	A	0.06%	0.23%	0.06%
	CI	D	0.35%	1.14%	0.35%
	CIEN	A	0.04%	0.13%	0.04%
	CIVI	F	0.01%	0.02%	0.01%
	CL	D	0.15%	0.47%	0.15%
	CLF	D	0.02%	0.06%	0.02%
	CMCSA	B	0.64%	1.08%	0.64%
	CME	A	0.32%	0.78%	0.32%
	CMI	A	0.18%	0.5%	0.18%
	CNA	D	0.0%	0.01%	0.0%
	CNC	F	0.15%	0.5%	0.15%
	CNM	F	0.01%	0.03%	0.01%
	COKE	C	0.03%	0.1%	0.03%
	COLB	C	0.02%	0.05%	0.02%
	COLM	B	0.01%	0.03%	0.01%
	CRI	D	0.01%	0.03%	0.01%
	CRM	B	0.15%	0.6%	0.15%
	CROX	C	0.03%	0.09%	0.03%
	CRUS	D	0.03%	0.1%	0.03%
	CSCO	A	0.85%	3.27%	0.85%
	CSGP	F	0.12%	0.41%	0.12%
	CSL	A	0.07%	0.2%	0.07%
	CSX	D	0.27%	0.74%	0.27%
	CTAS	C	0.01%	0.04%	0.01%
	CTRA	D	0.07%	0.1%	0.07%
	CVNA	A	0.05%	0.14%	0.05%
	CVX	B	1.02%	1.48%	1.02%
	CW	A	0.05%	0.14%	0.05%
	CWEN	C	0.01%	0.04%	0.01%
	CWEN	C	0.0%	0.04%	0.0%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.0%	0.02%	0.0%
	DAL	C	0.13%	0.38%	0.13%
	DBX	C	0.02%	0.06%	0.02%
	DCI	B	0.04%	0.1%	0.04%
	DDS	D	0.0%	0.01%	0.0%
	DELL	C	0.1%	0.46%	0.1%
	DHI	C	0.23%	0.68%	0.23%
	DINO	F	0.03%	0.04%	0.03%
	DIS	D	0.69%	1.22%	0.69%
	DKS	D	0.04%	0.14%	0.04%
	DTE	B	0.11%	0.45%	0.11%
	EA	D	0.15%	0.27%	0.15%
	EBAY	A	0.13%	0.4%	0.13%
	EEFT	F	0.02%	0.04%	0.02%
	EG	A	0.06%	0.14%	0.06%
	EIX	C	0.13%	0.57%	0.13%
	EME	B	0.05%	0.14%	0.05%
	EOG	B	0.29%	0.41%	0.29%
	EPAM	F	0.04%	0.16%	0.04%
	EPR	C	0.01%	0.05%	0.01%
	EQIX	C	0.31%	1.07%	0.31%
	ESAB	C	0.02%	0.07%	0.02%
	ETR	A	0.11%	0.48%	0.11%
	EVRG	C	0.05%	0.24%	0.05%
	EWBC	B	0.04%	0.11%	0.04%
	EXAS	C	0.03%	0.03%	0.03%
	EXC	C	0.16%	0.7%	0.16%
	EXEL	B	0.0%	0.0%	0.0%
	EXP	C	0.01%	0.03%	0.01%
	EXPD	D	0.06%	0.17%	0.06%
	FANG	D	0.13%	0.19%	0.13%
	FCNCA	D	0.09%	0.22%	0.09%
	FDX	F	0.24%	0.68%	0.24%
	FFIV	B	0.05%	0.2%	0.05%
	FHN	D	0.03%	0.08%	0.03%
	FITB	C	0.11%	0.28%	0.11%
	FLS	A	0.03%	0.08%	0.03%
	FOX	B	0.02%	0.04%	0.02%
	FOXA	B	0.04%	0.07%	0.04%
	FTI	B	0.05%	0.06%	0.05%
	FTNT	A	0.04%	0.14%	0.04%
	FTV	C	0.11%	0.31%	0.11%
	G	A	0.03%	0.08%	0.03%
	GAP	F	0.02%	0.05%	0.02%
	GILD	A	0.42%	0.4%	0.4%
	GIS	C	0.17%	0.52%	0.17%
	GL	C	0.04%	0.09%	0.04%
	GLPI	C	0.05%	0.18%	0.05%
	GNRC	B	0.02%	0.05%	0.02%
	GPN	F	0.1%	0.24%	0.1%
	GTES	C	0.01%	0.04%	0.01%
	HCA	C	0.23%	0.75%	0.23%
	HIW	C	0.01%	0.05%	0.01%
	HLT	A	0.11%	0.35%	0.11%
	HOLX	D	0.07%	0.24%	0.07%
	HPE	B	0.1%	0.42%	0.1%
	HPQ	B	0.1%	0.42%	0.1%
	HRB	C	0.03%	0.09%	0.03%
	HST	D	0.05%	0.17%	0.05%
	INCY	B	0.04%	0.04%	0.04%
	INFA	D	0.01%	0.02%	0.01%
	INGR	B	0.04%	0.11%	0.04%
	INVH	D	0.08%	0.29%	0.08%
	IONS	F	0.0%	0.0%	0.0%
	JAZZ	F	0.03%	0.09%	0.03%
	JHG	A	0.02%	0.05%	0.02%
	JLL	C	0.03%	0.12%	0.03%
	JNJ	D	1.55%	5.06%	1.55%
	JNPR	C	0.05%	0.19%	0.05%
	JPM	C	2.35%	4.7%	2.35%
	K	B	0.08%	0.27%	0.08%
	KEX	C	0.03%	0.08%	0.03%
	KHC	F	0.12%	0.39%	0.12%
	KMB	D	0.11%	0.36%	0.11%
	KR	C	0.15%	0.46%	0.15%
	KRC	C	0.02%	0.06%	0.02%
	L	C	0.06%	0.14%	0.06%
	LDOS	A	0.09%	0.24%	0.09%
	LEA	F	0.02%	0.08%	0.02%
	LECO	D	0.03%	0.09%	0.03%
	LEN	C	0.01%	0.53%	0.01%
	LEN	C	0.18%	0.53%	0.18%
	LEN	C	0.01%	0.02%	0.01%
	LEN	C	0.18%	0.02%	0.02%
	LMT	A	0.35%	0.94%	0.35%
	LNC	B	0.02%	0.05%	0.02%
	LPX	C	0.01%	0.03%	0.01%
	LSCC	D	0.0%	0.02%	0.0%
	LYB	B	0.1%	0.37%	0.1%
	M	D	0.02%	0.05%	0.02%
	MAS	C	0.07%	0.21%	0.07%
	MCK	F	0.15%	0.46%	0.15%
	MDT	C	0.46%	1.48%	0.46%
	MET	A	0.19%	0.46%	0.19%
	MGM	D	0.04%	0.11%	0.04%
	MHK	C	0.03%	0.1%	0.03%
	MIDD	D	0.03%	0.08%	0.03%
	MMC	D	0.38%	0.92%	0.38%
	MMM	C	0.24%	0.7%	0.24%
	MO	D	0.35%	1.1%	0.35%
	MOS	F	0.03%	0.12%	0.03%
	MPC	D	0.23%	0.35%	0.23%
	MRNA	F	0.08%	0.08%	0.08%
	MRO	B	0.06%	0.09%	0.06%
	MSA	F	0.03%	0.07%	0.03%
	MSI	A	0.15%	0.6%	0.15%
	MTCH	B	0.04%	0.07%	0.04%
	MTD	C	0.12%	0.41%	0.12%
	MTG	A	0.03%	0.06%	0.03%
	NEU	F	0.01%	0.05%	0.01%
	NI	A	0.06%	0.27%	0.06%
	NNN	C	0.04%	0.12%	0.04%
	NTAP	D	0.05%	0.22%	0.05%
	NTNX	C	0.04%	0.16%	0.04%
	NUE	D	0.15%	0.53%	0.15%
	NVR	C	0.11%	0.33%	0.11%
	NWS	D	0.01%	0.02%	0.01%
	NWSA	D	0.04%	0.07%	0.04%
	NYT	C	0.04%	0.06%	0.04%
	OC	C	0.06%	0.17%	0.06%
	OGN	F	0.02%	0.06%	0.02%
	OKTA	F	0.03%	0.1%	0.03%
	OLED	B	0.02%	0.07%	0.02%
	OLN	D	0.02%	0.08%	0.02%
	OTIS	A	0.17%	0.47%	0.17%
	OXY	D	0.14%	0.2%	0.14%
	OZK	D	0.02%	0.04%	0.02%
	PATH	D	0.0%	0.01%	0.0%
	PAYX	B	0.12%	0.31%	0.12%
	PCAR	D	0.2%	0.57%	0.2%
	PCG	C	0.17%	0.74%	0.17%
	PHM	C	0.12%	0.35%	0.12%
	PINC	F	0.01%	0.03%	0.01%
	PK	D	0.01%	0.04%	0.01%
	PKG	B	0.08%	0.28%	0.08%
	PLTK	C	0.0%	0.0%	0.0%
	PM	D	0.74%	2.4%	0.74%
	PPC	C	0.01%	0.02%	0.01%
	PPG	D	0.12%	0.46%	0.12%
	PRGO	F	0.01%	0.05%	0.01%
	PRU	B	0.17%	0.42%	0.17%
	PSTG	F	0.01%	0.03%	0.01%
	PSX	D	0.22%	0.33%	0.22%
	PVH	D	0.02%	0.07%	0.02%
	QCOM	D	0.05%	0.19%	0.05%
	QRVO	F	0.04%	0.15%	0.04%
	R	C	0.02%	0.07%	0.02%
	REGN	D	0.4%	0.39%	0.39%
	REYN	D	0.01%	0.02%	0.01%
	RGA	B	0.06%	0.14%	0.06%
	RJF	B	0.09%	0.22%	0.09%
	RL	B	0.03%	0.1%	0.03%
	ROKU	C	0.03%	0.05%	0.03%
	ROST	D	0.15%	0.47%	0.15%
	RPM	A	0.05%	0.18%	0.05%
	RPRX	D	0.04%	0.14%	0.04%
	RS	D	0.07%	0.24%	0.07%
	RYN	C	0.02%	0.06%	0.02%
	SAIC	A	0.03%	0.08%	0.03%
	SAM	D	0.01%	0.02%	0.01%
	SBAC	C	0.1%	0.34%	0.1%
	SEB	F	0.0%	0.01%	0.0%
	SEIC	B	0.03%	0.07%	0.03%
	SF	A	0.04%	0.09%	0.04%
	SKX	B	0.03%	0.1%	0.03%
	SLM	B	0.02%	0.05%	0.02%
	SMG	C	0.01%	0.05%	0.01%
	SNA	C	0.06%	0.17%	0.06%
	SNX	C	0.04%	0.14%	0.04%
	SOLV	C	0.04%	0.13%	0.04%
	SON	D	0.02%	0.08%	0.02%
	SPG	A	0.16%	0.55%	0.16%
	SSNC	C	0.06%	0.18%	0.06%
	STAG	D	0.03%	0.1%	0.03%
	STLD	C	0.08%	0.27%	0.08%
	STT	A	0.1%	0.26%	0.1%
	SW	C	0.1%	0.39%	0.1%
	SWK	C	0.07%	0.19%	0.07%
	SWKS	F	0.06%	0.25%	0.06%
	SYF	A	0.08%	0.19%	0.08%
	T	B	0.63%	1.07%	0.63%
	TAP	D	0.04%	0.12%	0.04%
	TER	C	0.01%	0.03%	0.01%
	TGT	C	0.28%	0.89%	0.28%
	THC	D	0.06%	0.21%	0.06%
	THO	C	0.02%	0.07%	0.02%
	TJX	D	0.21%	0.67%	0.21%
	TNL	B	0.01%	0.04%	0.01%
	TOL	C	0.06%	0.19%	0.06%
	TPR	B	0.04%	0.13%	0.04%
	TROW	D	0.09%	0.23%	0.09%
	TT	A	0.23%	0.65%	0.23%
	TWLO	B	0.03%	0.13%	0.03%
	UAL	A	0.07%	0.22%	0.07%
	UGI	C	0.02%	0.09%	0.02%
	UNM	A	0.04%	0.1%	0.04%
	UNP	F	0.31%	0.87%	0.31%
	UPS	D	0.39%	1.1%	0.39%
	UTHR	C	0.06%	0.06%	0.06%
	VIRT	B	0.01%	0.02%	0.01%
	VLO	F	0.17%	0.26%	0.17%
	VRSN	C	0.06%	0.23%	0.06%
	VRTX	D	0.24%	0.24%	0.24%
	VTRS	D	0.05%	0.18%	0.05%
	WAB	A	0.13%	0.36%	0.13%
	WCC	D	0.03%	0.08%	0.03%
	WFC	B	0.77%	1.94%	0.77%
	WH	C	0.02%	0.07%	0.02%
	WLK	C	0.02%	0.07%	0.02%
	WPC	C	0.05%	0.19%	0.05%
	WSM	C	0.03%	0.1%	0.03%
	WTFC	B	0.03%	0.07%	0.03%
	WTW	C	0.12%	0.29%	0.12%
	WU	D	0.01%	0.03%	0.01%
	WY	C	0.1%	0.33%	0.1%
	WYNN	B	0.04%	0.11%	0.04%
	XEL	C	0.14%	0.62%	0.14%
	XOM	A	2.14%	3.05%	2.14%
	XRAY	D	0.02%	0.07%	0.02%
	ZION	D	0.03%	0.06%	0.03%
	ZM	B	0.07%	0.28%	0.07%

IWD Overweight 566 Positions Relative to REVS

	Symbol	Grade	Weight
	BRK.A	B	3.32%
	UNH	B	1.98%
	WMT	A	1.4%
	PG	D	1.26%
	TMO	D	0.93%
	LIN	C	0.91%
	ACN	B	0.88%
	MCD	A	0.81%
	IBM	A	0.8%
	ABT	C	0.78%
	VZ	C	0.76%
	NEE	C	0.7%
	DHR	D	0.7%
	RTX	A	0.66%
	PFE	D	0.65%
	SPGI	C	0.64%
	TXN	C	0.64%
	GE	B	0.63%
	LOW	C	0.62%
	ETN	B	0.52%
	COP	D	0.51%
	BSX	A	0.49%
	CB	A	0.47%
	KO	C	0.47%
	PLD	D	0.46%
	GS	B	0.45%
	HON	C	0.45%
	MS	A	0.45%
	MU	D	0.44%
	ADI	B	0.44%
	DE	C	0.42%
	TMUS	A	0.4%
	ELV	F	0.4%
	MDLZ	D	0.39%
	SO	A	0.39%
	INTC	D	0.38%
	AXP	A	0.37%
	DUK	C	0.36%
	SYK	C	0.36%
	ICE	A	0.36%
	AMD	C	0.35%
	SCHW	D	0.34%
	HD	A	0.33%
	GD	C	0.33%
	PH	A	0.32%
	WELL	C	0.31%
	CVS	D	0.31%
	PYPL	A	0.31%
	BA	F	0.3%
	NOC	B	0.3%
	FCX	B	0.29%
	USB	C	0.28%
	BDX	C	0.28%
	GEV	A	0.28%
	CEG	A	0.28%
	FI	A	0.28%
	PNC	C	0.28%
	AON	A	0.27%
	APD	C	0.26%
	CARR	A	0.26%
	KKR	A	0.25%
	TDG	A	0.25%
	CRH	C	0.25%
	EMR	B	0.25%
	NEM	C	0.25%
	AFL	A	0.25%
	SLB	D	0.24%
	AJG	C	0.23%
	ROP	D	0.23%
	O	C	0.22%
	MRVL	C	0.22%
	COF	A	0.22%
	TFC	D	0.22%
	NSC	C	0.22%
	WMB	A	0.22%
	MAR	A	0.22%
	DLR	C	0.21%
	CCI	D	0.21%
	SRE	C	0.21%
	TRV	B	0.21%
	OKE	A	0.21%
	AEP	C	0.21%
	PEP	F	0.2%
	GM	D	0.2%
	JCI	C	0.2%
	FIS	A	0.19%
	AIG	C	0.19%
	PSA	C	0.19%
	ITW	C	0.19%
	D	A	0.19%
	PEG	A	0.18%
	LHX	A	0.18%
	F	D	0.17%
	A	B	0.17%
	KVUE	C	0.17%
	KMI	A	0.17%
	KDP	C	0.16%
	IR	A	0.16%
	CTVA	A	0.16%
	URI	C	0.16%
	ACGL	A	0.16%
	NKE	D	0.16%
	STZ	D	0.16%
	MCHP	F	0.16%
	RSG	D	0.16%
	GEHC	C	0.15%
	BKR	B	0.15%
	DD	C	0.15%
	IQV	F	0.15%
	EXR	D	0.15%
	FERG	F	0.15%
	CBRE	C	0.15%
	CTSH	B	0.15%
	DOW	B	0.15%
	HWM	A	0.15%
	AME	C	0.15%
	DFS	A	0.14%
	GLW	C	0.14%
	VICI	C	0.14%
	HIG	A	0.14%
	ED	C	0.14%
	AVB	C	0.13%
	XYL	C	0.13%
	HUM	F	0.13%
	PWR	A	0.12%
	NDAQ	C	0.12%
	ON	F	0.12%
	WEC	B	0.12%
	CHTR	D	0.12%
	MLM	F	0.12%
	APH	D	0.12%
	EW	F	0.12%
	GRMN	D	0.11%
	RCL	B	0.11%
	KEYS	B	0.11%
	ANSS	D	0.11%
	ROK	D	0.11%
	EQR	C	0.11%
	AWK	D	0.11%
	EFX	D	0.11%
	MTB	A	0.11%
	HSY	D	0.1%
	YUM	C	0.1%
	VMC	D	0.1%
	PPL	C	0.1%
	SBUX	B	0.1%
	DVN	F	0.1%
	RMD	C	0.1%
	CHD	D	0.1%
	FE	C	0.1%
	FSLR	C	0.1%
	VTR	C	0.1%
	TTWO	D	0.1%
	DOV	C	0.1%
	IFF	D	0.1%
	HAL	D	0.1%
	WDC	C	0.09%
	BBY	C	0.09%
	ZBH	F	0.09%
	HUBB	A	0.09%
	STE	D	0.09%
	PGR	B	0.09%
	ES	D	0.09%
	MSTR	B	0.09%
	TRU	C	0.08%
	CNP	B	0.08%
	APTV	D	0.08%
	GPC	D	0.08%
	PFG	A	0.08%
	WBD	F	0.08%
	OMC	C	0.08%
	EQT	C	0.08%
	TDY	A	0.08%
	LNG	A	0.08%
	ILMN	B	0.08%
	HBAN	B	0.08%
	RF	B	0.08%
	BALL	C	0.08%
	ATO	A	0.08%
	CINF	A	0.08%
	CMS	A	0.08%
	COO	C	0.08%
	MKC	C	0.08%
	SQ	D	0.08%
	AMCR	C	0.07%
	J	F	0.07%
	SUI	D	0.07%
	WRB	C	0.07%
	TSN	D	0.07%
	DGX	D	0.07%
	WSO	C	0.07%
	IP	C	0.07%
	APO	A	0.07%
	NTRS	B	0.07%
	LUV	B	0.07%
	CFG	C	0.07%
	MAA	D	0.07%
	LH	D	0.07%
	CHK	C	0.07%
	DG	F	0.07%
	MSCI	B	0.07%
	ESS	D	0.07%
	JBHT	D	0.06%
	BRO	A	0.06%
	RNR	A	0.06%
	USFD	C	0.06%
	DLTR	F	0.06%
	EL	D	0.06%
	GGG	C	0.06%
	IBKR	A	0.06%
	CDW	D	0.06%
	ZBRA	B	0.06%
	SYY	D	0.06%
	IRM	B	0.06%
	GEN	A	0.06%
	UDR	C	0.06%
	NDSN	C	0.06%
	TRMB	B	0.06%
	HOOD	B	0.06%
	VLTO	A	0.06%
	AKAM	D	0.06%
	KEY	B	0.06%
	KIM	C	0.06%
	RVTY	C	0.06%
	MKL	B	0.06%
	ZTS	C	0.06%
	LNT	B	0.06%
	DOC	C	0.06%
	PNR	C	0.06%
	FNF	C	0.06%
	IEX	D	0.06%
	TXT	F	0.06%
	NVT	C	0.05%
	NRG	A	0.05%
	KMX	F	0.05%
	TFX	C	0.05%
	CASY	D	0.05%
	COHR	B	0.05%
	IPG	D	0.05%
	CUBE	C	0.05%
	JBL	C	0.05%
	TECH	D	0.05%
	ITT	C	0.05%
	CLH	B	0.05%
	SJM	D	0.05%
	BXP	B	0.05%
	ALLE	A	0.05%
	CPT	C	0.05%
	CHRW	C	0.05%
	ELS	D	0.05%
	EMN	C	0.05%
	UHS	D	0.05%
	JKHY	A	0.05%
	REG	C	0.05%
	HES	D	0.05%
	GPK	D	0.04%
	EGP	D	0.04%
	AFRM	C	0.04%
	WAL	C	0.04%
	EVR	C	0.04%
	TTC	F	0.04%
	HSIC	D	0.04%
	DRI	C	0.04%
	HRL	F	0.04%
	PRI	A	0.04%
	CPB	D	0.04%
	APA	F	0.04%
	RGLD	C	0.04%
	FRT	D	0.04%
	MKTX	B	0.04%
	CG	B	0.04%
	EHC	C	0.04%
	CNH	C	0.04%
	WTRG	D	0.04%
	DPZ	D	0.04%
	AFG	A	0.04%
	CRL	F	0.04%
	NLY	C	0.04%
	AA	B	0.04%
	TTEK	A	0.04%
	FWONK	D	0.04%
	OHI	C	0.04%
	DOX	B	0.04%
	WWD	C	0.04%
	Z	C	0.04%
	PFGC	A	0.04%
	PNW	C	0.04%
	HII	F	0.04%
	LKQ	F	0.04%
	OVV	D	0.04%
	REXR	D	0.04%
	ATR	A	0.04%
	FBIN	C	0.04%
	RRX	B	0.04%
	CTLT	A	0.04%
	AVY	D	0.04%
	BJ	B	0.04%
	ALB	D	0.04%
	FDS	C	0.04%
	SCI	D	0.04%
	CCK	C	0.04%
	AZPN	A	0.03%
	IVZ	A	0.03%
	LW	D	0.03%
	CFR	B	0.03%
	LFUS	C	0.03%
	NOV	F	0.03%
	FAST	C	0.03%
	OSK	F	0.03%
	CGNX	F	0.03%
	BIO	B	0.03%
	FAF	C	0.03%
	MAT	B	0.03%
	LBRDK	C	0.03%
	SOFI	C	0.03%
	LSTR	F	0.03%
	AAL	D	0.03%
	MKSI	F	0.03%
	BFAM	C	0.03%
	HR	D	0.03%
	GNTX	D	0.03%
	WMS	D	0.03%
	CBSH	D	0.03%
	RHI	D	0.03%
	VNO	B	0.03%
	RGEN	F	0.03%
	CART	B	0.03%
	VFC	A	0.03%
	ARW	C	0.03%
	BBWI	F	0.03%
	PNFP	B	0.03%
	FICO	C	0.03%
	PR	D	0.03%
	ELAN	D	0.03%
	FR	D	0.03%
	RRC	D	0.03%
	SSD	B	0.03%
	MOH	F	0.03%
	ONTO	B	0.03%
	MNST	D	0.03%
	APG	F	0.03%
	ADC	C	0.03%
	HLI	A	0.03%
	CR	A	0.03%
	ALGN	D	0.03%
	AGNC	B	0.03%
	MTZ	A	0.03%
	DTM	A	0.03%
	BERY	C	0.03%
	WBS	D	0.03%
	CMA	C	0.03%
	WEX	C	0.03%
	JEF	A	0.03%
	AXTA	C	0.03%
	X	F	0.03%
	GMED	B	0.03%
	CHE	D	0.03%
	SHW	C	0.03%
	COLD	D	0.03%
	BWA	C	0.03%
	VOYA	A	0.03%
	FCN	C	0.03%
	GWRE	A	0.03%
	KBR	A	0.03%
	FND	C	0.03%
	BWXT	A	0.03%
	CHRD	F	0.03%
	ATI	C	0.03%
	FMC	C	0.03%
	OGE	C	0.03%
	DAY	C	0.03%
	WAT	B	0.03%
	ALLY	F	0.03%
	GME	D	0.03%
	PTC	B	0.03%
	AR	C	0.03%
	TKO	A	0.03%
	KNX	D	0.03%
	ECL	C	0.03%
	LAMR	C	0.03%
	RBC	C	0.03%
	RIVN	F	0.03%
	LAD	C	0.03%
	WST	D	0.03%
	FYBR	C	0.03%
	TW	A	0.03%
	CZR	B	0.03%
	ORI	A	0.03%
	IAC	C	0.02%
	AWI	A	0.02%
	GFS	F	0.02%
	MSM	D	0.02%
	HUN	B	0.02%
	RH	C	0.02%
	UHAL	C	0.02%
	AGO	B	0.02%
	LITE	A	0.02%
	AMP	A	0.02%
	SITE	D	0.02%
	PII	D	0.02%
	FLO	D	0.02%
	FRPT	A	0.02%
	SLGN	B	0.02%
	BYD	B	0.02%
	DLB	D	0.02%
	CUZ	C	0.02%
	WTM	C	0.02%
	AN	D	0.02%
	HOG	D	0.02%
	AL	D	0.02%
	LINE	F	0.02%
	SAIA	D	0.02%
	CPRI	C	0.02%
	PSN	A	0.02%
	AVT	B	0.02%
	FNB	D	0.02%
	WSC	D	0.02%
	ROIV	D	0.02%
	DOCS	A	0.02%
	CCCS	D	0.02%
	W	C	0.02%
	HXL	F	0.02%
	KD	D	0.02%
	OMF	D	0.02%
	VNT	F	0.02%
	COIN	F	0.02%
	IDA	D	0.02%
	ORLY	A	0.02%
	ST	F	0.02%
	S	C	0.02%
	THG	A	0.02%
	TKR	B	0.02%
	MTDR	D	0.02%
	NFG	A	0.02%
	MDU	C	0.02%
	SIRI	C	0.02%
	H	B	0.02%
	RITM	D	0.02%
	SRCL	B	0.02%
	BC	C	0.02%
	WHR	C	0.02%
	ALK	C	0.02%
	ACHC	F	0.02%
	VMI	B	0.02%
	SN	A	0.02%
	POST	C	0.02%
	DAR	F	0.02%
	OLLI	C	0.02%
	GWW	B	0.02%
	GXO	D	0.02%
	MTSI	B	0.02%
	ESI	C	0.02%
	SNV	D	0.02%
	AGCO	D	0.02%
	BPOP	D	0.02%
	RLI	A	0.02%
	DASH	A	0.02%
	PARA	F	0.02%
	STWD	C	0.02%
	PB	D	0.02%
	WBA	F	0.02%
	HAS	A	0.01%
	SNDR	D	0.01%
	CERT	F	0.01%
	LYFT	D	0.01%
	TRIP	D	0.01%
	WEN	B	0.01%
	FTRE	F	0.01%
	UA	B	0.01%
	GO	F	0.01%
	UAA	B	0.01%
	LEG	D	0.01%
	BIRK	F	0.01%
	VSTS	D	0.01%
	QS	F	0.01%
	AZEK	D	0.01%
	IPGP	D	0.01%
	ADT	D	0.01%
	GLOB	D	0.01%
	ETSY	F	0.01%
	BROS	F	0.01%
	JWN	D	0.01%
	HAYW	C	0.01%
	RCM	B	0.01%
	AAP	F	0.01%
	ENOV	F	0.01%
	KSS	D	0.01%
	MP	C	0.01%
	BOKF	B	0.01%
	QDEL	D	0.01%
	LLYVK	B	0.01%
	HHH	C	0.01%
	ULTA	D	0.01%
	YETI	C	0.01%
	CNXC	F	0.01%
	SHC	C	0.01%
	SPB	C	0.01%
	AGR	C	0.01%
	VAC	D	0.01%
	BRKR	D	0.01%
	CLVT	D	0.01%
	CXT	F	0.01%
	CC	D	0.01%
	BHF	D	0.01%
	MASI	B	0.01%
	RKT	D	0.01%
	PENN	D	0.01%
	LOPE	D	0.01%
	SEE	C	0.01%
	FHB	D	0.01%
	LCID	F	0.01%
	ZG	C	0.01%
	PAG	D	0.01%
	AMED	D	0.01%
	CPRT	B	0.01%
	NXST	D	0.01%
	ZI	F	0.01%
	PAYC	D	0.01%
	NWL	D	0.01%
	AM	A	0.01%
	AMTM	D	0.01%
	PLNT	B	0.01%
	NSA	D	0.01%
	NVST	D	0.01%
	SPR	D	0.01%
	VNOM	A	0.01%
	IRDM	C	0.01%
	MPW	C	0.01%
	MAN	D	0.01%
	LBTYK	C	0.01%
	COTY	F	0.01%
	LBTYA	C	0.01%
	DNB	D	0.01%
	U	D	0.01%
	MSGS	A	0.01%
	DXC	C	0.01%
	KMPR	D	0.01%
	TYL	D	0.01%
	TPG	A	0.01%
	SEG	F	0.0%
	LOAR	B	0.0%
	PARAA	D	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	UHAL	C	0.0%
	LAZ	C	0.0%
	DJT	F	0.0%
	GRAL	F	0.0%
	UI	B	0.0%
	CHH	A	0.0%
	CACC	F	0.0%
	TFSL	D	0.0%
	TXG	F	0.0%
	CAR	D	0.0%
	PYCR	D	0.0%
	LLYVA	B	0.0%
	AS	B	0.0%
	NCNO	F	0.0%
	FIVE	D	0.0%
	HCP	A	0.0%
	FWONA	C	0.0%
	MTN	D	0.0%
	DV	F	0.0%
	ALAB	C	0.0%
	LBRDA	C	0.0%
	WOLF	F	0.0%

IWD Underweight 3 Positions Relative to REVS

	Symbol	Grade	Weight
	XP	F	-0.07%
	CRBG	B	-0.07%
	ADTN	C	-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 Medicine Beverage Biotechnology Dow Jones Component

REVS: Top Represented Industries & Keywords

Industries: Biotechnology Asset Management Diversified Industrials Business Services Banks - Regional - US Packaged Foods Semiconductors Software - Infrastructure Specialty Chemicals Utilities - Regulated Electric Building Materials Communication Equipment Drug Manufacturers - Major Oil & Gas E&P Banks - Global Insurance - Life Residential Construction Specialty Retail Apparel Manufacturing Broadcasting - TV

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Bank Banking Electricity Mining Electronics Real Estate Investment Trust Telecommunications Biotechnology Chemical Clothing Life Insurance Medicine Building Materials Plastic Aerospace