IWD vs. SCHJ ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to HCM Defender 500 Index ETF (SCHJ)

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

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.42

Average Daily Volume

88,949

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	IWD	SCHJ
30 Days	3.53%	-0.36%
60 Days	4.90%	-0.92%
90 Days	6.95%	0.10%
12 Months	29.54%	6.61%

357 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in SCHJ	Overlap
	A	D	0.15%	0.02%	0.02%
	ABBV	D	0.65%	0.03%	0.03%
	ABT	B	0.78%	0.02%	0.02%
	ADI	D	0.4%	0.02%	0.02%
	ADM	D	0.1%	0.02%	0.02%
	ADP	B	0.03%	0.05%	0.03%
	AEE	A	0.09%	0.0%	0.0%
	AEP	D	0.2%	0.01%	0.01%
	AES	F	0.04%	0.0%	0.0%
	AFL	B	0.24%	0.01%	0.01%
	AGO	B	0.02%	0.02%	0.02%
	AGR	B	0.01%	0.02%	0.01%
	AIG	B	0.19%	0.04%	0.04%
	AIZ	A	0.04%	0.02%	0.02%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.05%	0.01%	0.01%
	ALL	A	0.17%	0.03%	0.03%
	ALLE	D	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.03%	0.03%
	AMAT	F	0.04%	0.04%	0.04%
	AMCR	D	0.06%	0.03%	0.03%
	AMG	B	0.02%	0.01%	0.01%
	AMGN	D	0.13%	0.01%	0.01%
	AMP	A	0.02%	0.02%	0.02%
	AN	C	0.02%	0.03%	0.02%
	AON	A	0.29%	0.02%	0.02%
	APD	A	0.27%	0.02%	0.02%
	APH	A	0.14%	0.0%	0.0%
	APTV	D	0.06%	0.01%	0.01%
	ARE	D	0.07%	0.02%	0.02%
	ARW	D	0.02%	0.01%	0.01%
	ATO	A	0.08%	0.05%	0.05%
	AVB	B	0.13%	0.01%	0.01%
	AVT	C	0.02%	0.03%	0.02%
	AWK	D	0.1%	0.02%	0.02%
	AXP	A	0.39%	0.04%	0.04%
	AZO	C	0.02%	0.0%	0.0%
	BA	F	0.31%	0.01%	0.01%
	BAC	A	1.23%	0.03%	0.03%
	BAX	D	0.06%	0.03%	0.03%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.25%	0.05%	0.05%
	BEN	C	0.02%	0.01%	0.01%
	BERY	B	0.03%	0.05%	0.03%
	BG	F	0.05%	0.02%	0.02%
	BIIB	F	0.09%	0.1%	0.09%
	BK	A	0.22%	0.01%	0.01%
	BKNG	A	0.04%	0.02%	0.02%
	BLK	C	0.6%	0.07%	0.07%
	BMY	B	0.44%	0.02%	0.02%
	BR	A	0.01%	0.02%	0.01%
	BRO	B	0.06%	0.01%	0.01%
	BRX	A	0.03%	0.0%	0.0%
	BSX	B	0.5%	0.0%	0.0%
	BWA	D	0.03%	0.03%	0.03%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.51%	0.03%	0.03%
	CAG	D	0.05%	0.01%	0.01%
	CAH	B	0.05%	0.02%	0.02%
	CARR	D	0.24%	0.1%	0.1%
	CAT	B	0.63%	0.02%	0.02%
	CB	C	0.45%	0.02%	0.02%
	CCI	D	0.18%	0.01%	0.01%
	CE	F	0.02%	0.03%	0.02%
	CF	B	0.06%	0.02%	0.02%
	CFG	B	0.08%	0.02%	0.02%
	CHD	B	0.1%	0.01%	0.01%
	CHTR	C	0.14%	0.06%	0.06%
	CI	F	0.32%	0.02%	0.02%
	CL	D	0.13%	0.0%	0.0%
	CMA	A	0.04%	0.04%	0.04%
	CMCSA	B	0.64%	0.01%	0.01%
	CME	A	0.32%	0.07%	0.07%
	CMI	A	0.19%	0.0%	0.0%
	CMS	C	0.08%	0.0%	0.0%
	CNA	B	0.0%	0.02%	0.0%
	CNH	C	0.04%	0.02%	0.02%
	CNP	B	0.08%	0.02%	0.02%
	COF	B	0.27%	0.01%	0.01%
	COP	C	0.51%	0.09%	0.09%
	CPB	D	0.03%	0.01%	0.01%
	CRM	B	0.18%	0.02%	0.02%
	CSCO	B	0.91%	0.03%	0.03%
	CSL	C	0.07%	0.01%	0.01%
	CSX	B	0.27%	0.01%	0.01%
	CTRA	B	0.07%	0.0%	0.0%
	CTVA	C	0.15%	0.02%	0.02%
	CUBE	D	0.04%	0.0%	0.0%
	CVS	D	0.26%	0.01%	0.01%
	CVX	A	1.08%	0.02%	0.02%
	D	C	0.19%	0.02%	0.02%
	DAL	C	0.16%	0.02%	0.02%
	DD	D	0.13%	0.09%	0.09%
	DE	A	0.39%	0.0%	0.0%
	DELL	C	0.12%	0.04%	0.04%
	DFS	B	0.17%	0.02%	0.02%
	DG	F	0.06%	0.03%	0.03%
	DGX	A	0.07%	0.03%	0.03%
	DHI	D	0.19%	0.02%	0.02%
	DHR	F	0.58%	0.01%	0.01%
	DIS	B	0.82%	0.04%	0.04%
	DLR	B	0.23%	0.03%	0.03%
	DLTR	F	0.05%	0.05%	0.05%
	DOC	D	0.06%	0.0%	0.0%
	DOV	A	0.11%	0.02%	0.02%
	DOW	F	0.12%	0.04%	0.04%
	DTE	C	0.1%	0.01%	0.01%
	DUK	C	0.34%	0.02%	0.02%
	DVN	F	0.09%	0.02%	0.02%
	DXC	B	0.01%	0.04%	0.01%
	EA	A	0.17%	0.03%	0.03%
	EBAY	D	0.12%	0.03%	0.03%
	ED	D	0.13%	0.03%	0.03%
	EFX	F	0.09%	0.01%	0.01%
	EIX	B	0.12%	0.0%	0.0%
	EL	F	0.04%	0.02%	0.02%
	EMN	D	0.05%	0.05%	0.05%
	EMR	A	0.28%	0.03%	0.03%
	EOG	A	0.3%	0.02%	0.02%
	EQIX	A	0.31%	0.02%	0.02%
	EQR	B	0.11%	0.03%	0.03%
	ES	D	0.08%	0.01%	0.01%
	ESS	B	0.07%	0.0%	0.0%
	ETN	A	0.56%	0.05%	0.05%
	ETR	B	0.12%	0.02%	0.02%
	EVRG	A	0.06%	0.03%	0.03%
	EXC	C	0.15%	0.03%	0.03%
	FAF	A	0.03%	0.03%	0.03%
	FANG	D	0.13%	0.03%	0.03%
	FCNCA	A	0.1%	0.0%	0.0%
	FDX	B	0.26%	0.04%	0.04%
	FE	C	0.09%	0.01%	0.01%
	FHN	A	0.04%	0.02%	0.02%
	FIS	C	0.19%	0.03%	0.03%
	FITB	A	0.12%	0.01%	0.01%
	FNB	A	0.02%	0.02%	0.02%
	FOXA	B	0.04%	0.04%	0.04%
	FRT	B	0.04%	0.03%	0.03%
	FTNT	C	0.04%	0.03%	0.03%
	FTV	C	0.1%	0.03%	0.03%
	G	B	0.03%	0.02%	0.02%
	GD	F	0.31%	0.02%	0.02%
	GE	D	0.59%	0.03%	0.03%
	GILD	C	0.43%	0.07%	0.07%
	GIS	D	0.14%	0.01%	0.01%
	GLPI	C	0.05%	0.02%	0.02%
	GM	B	0.25%	0.01%	0.01%
	GPN	B	0.12%	0.02%	0.02%
	GS	A	0.53%	0.05%	0.05%
	GWW	B	0.03%	0.03%	0.03%
	GXO	B	0.03%	0.02%	0.02%
	H	B	0.02%	0.02%	0.02%
	HAL	C	0.1%	0.03%	0.03%
	HAS	D	0.0%	0.03%	0.0%
	HBAN	A	0.1%	0.02%	0.02%
	HCA	F	0.19%	0.04%	0.04%
	HD	A	0.32%	0.01%	0.01%
	HES	B	0.06%	0.02%	0.02%
	HII	D	0.03%	0.02%	0.02%
	HOG	D	0.02%	0.02%	0.02%
	HON	B	0.49%	0.04%	0.04%
	HPE	B	0.11%	0.03%	0.03%
	HPQ	B	0.11%	0.1%	0.1%
	HRB	D	0.03%	0.02%	0.02%
	HRL	D	0.03%	0.05%	0.03%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.08%	0.01%	0.01%
	HUBB	B	0.09%	0.02%	0.02%
	HUM	C	0.13%	0.01%	0.01%
	IBM	C	0.73%	0.03%	0.03%
	ICE	C	0.34%	0.02%	0.02%
	IFF	D	0.09%	0.03%	0.03%
	ILMN	D	0.08%	0.02%	0.02%
	INTC	D	0.4%	0.02%	0.02%
	IP	B	0.08%	0.03%	0.03%
	ITW	B	0.2%	0.04%	0.04%
	IVZ	B	0.03%	0.0%	0.0%
	JBHT	C	0.06%	0.04%	0.04%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.22%	0.03%	0.03%
	JEF	A	0.04%	0.04%	0.04%
	JHG	A	0.02%	0.03%	0.02%
	JNJ	D	1.45%	0.02%	0.02%
	JNPR	F	0.05%	0.02%	0.02%
	JPM	A	2.74%	0.02%	0.02%
	K	A	0.08%	0.02%	0.02%
	KDP	D	0.14%	0.02%	0.02%
	KEY	B	0.07%	0.03%	0.03%
	KEYS	A	0.1%	0.03%	0.03%
	KIM	A	0.06%	0.0%	0.0%
	KMB	D	0.1%	0.02%	0.02%
	KMI	A	0.21%	0.01%	0.01%
	KMPR	B	0.02%	0.03%	0.02%
	KO	D	0.4%	0.05%	0.05%
	KR	B	0.15%	0.02%	0.02%
	KRC	C	0.02%	0.02%	0.02%
	KSS	F	0.01%	0.02%	0.01%
	L	A	0.06%	0.02%	0.02%
	LAZ	B	0.0%	0.02%	0.0%
	LDOS	C	0.08%	0.03%	0.03%
	LEG	F	0.01%	0.02%	0.01%
	LEN	D	0.01%	0.02%	0.01%
	LEN	D	0.16%	0.02%	0.02%
	LH	C	0.08%	0.02%	0.02%
	LHX	C	0.18%	0.03%	0.03%
	LIN	D	0.84%	0.0%	0.0%
	LMT	D	0.3%	0.02%	0.02%
	LNC	B	0.02%	0.02%	0.02%
	LNT	A	0.06%	0.02%	0.02%
	LOW	D	0.6%	0.01%	0.01%
	LUV	C	0.08%	0.04%	0.04%
	LYB	F	0.08%	0.02%	0.02%
	MAA	B	0.07%	0.01%	0.01%
	MAR	B	0.25%	0.02%	0.02%
	MCD	D	0.77%	0.01%	0.01%
	MCHP	D	0.13%	0.05%	0.05%
	MCK	B	0.17%	0.01%	0.01%
	MDLZ	F	0.34%	0.03%	0.03%
	MDT	D	0.44%	0.1%	0.1%
	MET	A	0.19%	0.02%	0.02%
	MHK	D	0.03%	0.03%	0.03%
	MKC	D	0.07%	0.03%	0.03%
	MLM	B	0.13%	0.04%	0.04%
	MMC	B	0.37%	0.02%	0.02%
	MMM	D	0.23%	0.02%	0.02%
	MO	A	0.37%	0.02%	0.02%
	MOS	F	0.03%	0.04%	0.03%
	MPC	D	0.22%	0.03%	0.03%
	MRVL	B	0.27%	0.02%	0.02%
	MS	A	0.57%	0.03%	0.03%
	MSI	B	0.16%	0.03%	0.03%
	MTB	A	0.14%	0.01%	0.01%
	MU	D	0.41%	0.03%	0.03%
	NDAQ	A	0.13%	0.02%	0.02%
	NEE	D	0.61%	0.0%	0.0%
	NEM	D	0.18%	0.01%	0.01%
	NEU	C	0.01%	0.02%	0.01%
	NFG	A	0.02%	0.01%	0.01%
	NI	A	0.06%	0.06%	0.06%
	NKE	D	0.14%	0.01%	0.01%
	NNN	D	0.03%	0.02%	0.02%
	NOC	D	0.27%	0.04%	0.04%
	NSC	B	0.23%	0.0%	0.0%
	NTAP	C	0.05%	0.02%	0.02%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.14%	0.02%	0.02%
	O	D	0.19%	0.01%	0.01%
	OC	A	0.07%	0.02%	0.02%
	OGE	B	0.03%	0.01%	0.01%
	OHI	C	0.04%	0.01%	0.01%
	OKE	A	0.25%	0.0%	0.0%
	OMC	C	0.07%	0.02%	0.02%
	ORI	A	0.04%	0.03%	0.03%
	ORLY	B	0.02%	0.02%	0.02%
	OTIS	C	0.16%	0.07%	0.07%
	PCAR	B	0.22%	0.0%	0.0%
	PCG	A	0.17%	0.02%	0.02%
	PEG	A	0.17%	0.02%	0.02%
	PEP	F	0.18%	0.02%	0.02%
	PFE	D	0.55%	0.03%	0.03%
	PFG	D	0.08%	0.02%	0.02%
	PG	A	1.21%	0.02%	0.02%
	PH	A	0.35%	0.04%	0.04%
	PHM	D	0.1%	0.03%	0.03%
	PKG	A	0.08%	0.02%	0.02%
	PM	B	0.78%	0.02%	0.02%
	PNC	B	0.32%	0.02%	0.02%
	PNW	B	0.04%	0.02%	0.02%
	PPG	F	0.11%	0.01%	0.01%
	PPL	B	0.1%	0.04%	0.04%
	PRU	A	0.18%	0.01%	0.01%
	PSA	D	0.18%	0.01%	0.01%
	PSX	C	0.21%	0.01%	0.01%
	PVH	C	0.02%	0.03%	0.02%
	PYPL	B	0.34%	0.03%	0.03%
	QCOM	F	0.04%	0.02%	0.02%
	R	B	0.03%	0.02%	0.02%
	RF	A	0.09%	0.05%	0.05%
	RGA	A	0.06%	0.02%	0.02%
	RL	B	0.03%	0.03%	0.03%
	RNR	C	0.05%	0.02%	0.02%
	ROK	B	0.12%	0.02%	0.02%
	ROP	B	0.23%	0.01%	0.01%
	ROST	C	0.14%	0.02%	0.02%
	RPM	A	0.05%	0.02%	0.02%
	RPRX	D	0.04%	0.04%	0.04%
	RS	B	0.07%	0.02%	0.02%
	RSG	A	0.17%	0.01%	0.01%
	RTX	C	0.61%	0.02%	0.02%
	SBUX	A	0.1%	0.04%	0.04%
	SCHW	B	0.42%	0.01%	0.01%
	SF	B	0.04%	0.05%	0.04%
	SHW	A	0.03%	0.02%	0.02%
	SJM	D	0.04%	0.05%	0.04%
	SLB	C	0.24%	0.02%	0.02%
	SNV	B	0.03%	0.02%	0.02%
	SNX	C	0.03%	0.03%	0.03%
	SO	D	0.37%	0.0%	0.0%
	SPG	B	0.17%	0.02%	0.02%
	SPGI	C	0.61%	0.04%	0.04%
	SRE	A	0.23%	0.02%	0.02%
	STLD	B	0.08%	0.02%	0.02%
	STT	A	0.11%	0.01%	0.01%
	STZ	D	0.15%	0.02%	0.02%
	SWK	D	0.05%	0.03%	0.03%
	SWKS	F	0.05%	0.03%	0.03%
	SYF	B	0.1%	0.05%	0.05%
	SYK	C	0.39%	0.02%	0.02%
	SYY	B	0.06%	0.02%	0.02%
	T	A	0.63%	0.01%	0.01%
	TAP	C	0.04%	0.08%	0.04%
	TDY	B	0.08%	0.02%	0.02%
	TFC	A	0.24%	0.02%	0.02%
	TGT	F	0.27%	0.05%	0.05%
	THG	A	0.02%	0.03%	0.02%
	TJX	A	0.22%	0.02%	0.02%
	TKR	D	0.02%	0.02%	0.02%
	TMO	F	0.76%	0.03%	0.03%
	TMUS	B	0.44%	0.06%	0.06%
	TPR	B	0.05%	0.03%	0.03%
	TRMB	B	0.07%	0.02%	0.02%
	TSN	B	0.07%	0.02%	0.02%
	TT	A	0.24%	0.03%	0.03%
	TXN	C	0.63%	0.0%	0.0%
	TXT	D	0.06%	0.0%	0.0%
	UAL	A	0.12%	0.02%	0.02%
	UHS	D	0.05%	0.04%	0.04%
	UNH	C	1.98%	0.01%	0.01%
	UNM	A	0.05%	0.02%	0.02%
	UNP	C	0.29%	0.0%	0.0%
	UPS	C	0.38%	0.02%	0.02%
	USB	A	0.3%	0.03%	0.03%
	VFC	C	0.03%	0.04%	0.03%
	VLO	C	0.17%	0.03%	0.03%
	VMC	B	0.11%	0.03%	0.03%
	VNO	B	0.03%	0.01%	0.01%
	VNT	B	0.02%	0.03%	0.02%
	VOYA	B	0.03%	0.02%	0.02%
	VRSN	F	0.06%	0.03%	0.03%
	VTR	C	0.1%	0.01%	0.01%
	VZ	C	0.68%	0.02%	0.02%
	WAB	B	0.13%	0.02%	0.02%
	WAL	B	0.04%	0.02%	0.02%
	WBA	F	0.02%	0.06%	0.02%
	WEC	A	0.12%	0.02%	0.02%
	WELL	A	0.32%	0.0%	0.0%
	WFC	A	1.01%	0.02%	0.02%
	WHR	B	0.02%	0.0%	0.0%
	WLK	D	0.02%	0.04%	0.02%
	WMB	A	0.27%	0.03%	0.03%
	WMT	A	1.42%	0.03%	0.03%
	WPC	D	0.05%	0.02%	0.02%
	WU	D	0.01%	0.0%	0.0%
	XEL	A	0.15%	0.02%	0.02%
	XOM	B	2.08%	0.03%	0.03%
	ZBH	C	0.09%	0.01%	0.01%
	ZTS	D	0.05%	0.02%	0.02%

IWD Overweight 508 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	ACN	C	0.86%
	PLD	D	0.41%
	GEV	B	0.35%
	FI	A	0.32%
	ELV	F	0.3%
	AMD	F	0.29%
	KKR	A	0.28%
	REGN	F	0.28%
	CRH	A	0.26%
	FCX	D	0.24%
	AJG	B	0.23%
	CEG	D	0.23%
	TRV	B	0.23%
	VRTX	F	0.23%
	TDG	D	0.21%
	MSTR	C	0.19%
	KVUE	A	0.18%
	HWM	A	0.17%
	BKR	B	0.17%
	F	C	0.17%
	AME	A	0.17%
	CBRE	B	0.16%
	IR	B	0.16%
	URI	B	0.16%
	FERG	B	0.15%
	CTSH	B	0.15%
	GLW	B	0.14%
	RCL	A	0.14%
	ACGL	D	0.14%
	GRMN	B	0.13%
	PWR	A	0.13%
	EW	C	0.13%
	VICI	C	0.13%
	OXY	D	0.13%
	GEHC	F	0.13%
	EXR	D	0.13%
	HIG	B	0.13%
	HLT	A	0.12%
	CNC	D	0.12%
	RJF	A	0.12%
	TTWO	A	0.12%
	IQV	D	0.12%
	WTW	B	0.12%
	SQ	B	0.11%
	KHC	F	0.11%
	ON	D	0.11%
	CSGP	D	0.11%
	ANSS	B	0.11%
	XYL	D	0.11%
	PAYX	C	0.11%
	RMD	C	0.1%
	MTD	D	0.1%
	NVR	D	0.1%
	TROW	B	0.1%
	SW	A	0.1%
	WBD	C	0.09%
	WY	D	0.09%
	YUM	B	0.09%
	CINF	A	0.09%
	PGR	A	0.09%
	EQT	B	0.09%
	SBAC	D	0.09%
	LNG	B	0.09%
	CCL	B	0.09%
	COO	D	0.08%
	BBY	D	0.08%
	FSLR	F	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	CBOE	B	0.08%
	ZM	B	0.08%
	HOOD	B	0.08%
	EXE	B	0.08%
	APO	B	0.08%
	STE	F	0.08%
	MKL	A	0.07%
	CVNA	B	0.07%
	GPC	D	0.07%
	MAS	D	0.07%
	IEX	B	0.07%
	PNR	A	0.07%
	J	F	0.07%
	TRU	D	0.07%
	WRB	A	0.07%
	HOLX	D	0.07%
	WSO	A	0.07%
	SNA	A	0.07%
	BALL	D	0.07%
	IBKR	A	0.07%
	MSCI	C	0.07%
	BLDR	D	0.07%
	EXPD	D	0.06%
	EWBC	A	0.06%
	IRM	D	0.06%
	NDSN	B	0.06%
	ACM	A	0.06%
	UDR	B	0.06%
	THC	D	0.06%
	USFD	A	0.06%
	GGG	B	0.06%
	VTRS	A	0.06%
	SUI	D	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	SSNC	B	0.06%
	FNF	B	0.06%
	UTHR	C	0.06%
	MRO	B	0.06%
	GEN	B	0.06%
	Z	A	0.05%
	SOFI	A	0.05%
	CDW	F	0.05%
	FDS	B	0.05%
	MRNA	F	0.05%
	BMRN	D	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	FTI	A	0.05%
	CASY	A	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%
	CHRW	C	0.05%
	ELS	C	0.05%
	AFRM	B	0.05%
	AKAM	D	0.05%
	TWLO	A	0.05%
	EG	C	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%
	AVTR	F	0.05%
	TW	A	0.04%
	WST	C	0.04%
	GMED	A	0.04%
	TFX	F	0.04%
	REXR	F	0.04%
	BWXT	B	0.04%
	FBIN	D	0.04%
	INGR	B	0.04%
	DCI	B	0.04%
	RGLD	C	0.04%
	SOLV	C	0.04%
	DRI	B	0.04%
	PNFP	B	0.04%
	BRBR	A	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%
	WTRG	B	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	NLY	C	0.04%
	AVY	D	0.04%
	AFG	A	0.04%
	GME	C	0.04%
	LAD	A	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%
	CCK	C	0.04%
	EVR	B	0.04%
	CTLT	B	0.04%
	FWONK	B	0.04%
	NWSA	B	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%
	BJ	A	0.04%
	OVV	B	0.04%
	COLB	A	0.03%
	MTG	C	0.03%
	CGNX	C	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%
	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%
	DAR	C	0.03%
	FCN	D	0.03%
	FND	C	0.03%
	MTSI	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%
	ESAB	B	0.03%
	OSK	B	0.03%
	BBWI	D	0.03%
	AGNC	D	0.03%
	KBR	F	0.03%
	CART	C	0.03%
	MIDD	C	0.03%
	SKX	D	0.03%
	COKE	C	0.03%
	FAST	B	0.03%
	LBRDK	C	0.03%
	LW	C	0.03%
	PB	A	0.03%
	ROKU	D	0.03%
	CHE	D	0.03%
	DASH	A	0.03%
	MNST	C	0.03%
	RHI	B	0.03%
	JAZZ	B	0.03%
	ADC	B	0.03%
	KEX	C	0.03%
	PR	B	0.03%
	FLS	B	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	ACI	C	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%
	GPK	C	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%
	ZION	B	0.03%
	TTEK	F	0.03%
	AAL	B	0.03%
	MGM	D	0.03%
	AOS	F	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%
	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%
	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%
	CUZ	B	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	OLN	D	0.02%
	WTM	A	0.02%
	HXL	D	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%
	LITE	B	0.02%
	EXAS	D	0.02%
	GNRC	B	0.02%
	RITM	C	0.02%
	THO	B	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	FOX	A	0.02%
	WMS	D	0.02%
	SAIA	B	0.02%
	AGCO	D	0.02%
	ONTO	D	0.02%
	LFUS	F	0.02%
	IDA	A	0.02%
	RGEN	D	0.02%
	S	B	0.02%
	STWD	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%
	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%
	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%
	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%
	AZTA	D	0.01%
	YETI	C	0.01%
	JWN	C	0.01%
	HAYW	B	0.01%
	SAM	C	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%
	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%
	CPRT	A	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%
	RH	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%
	UHAL	D	0.0%
	IONS	F	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%
	PYCR	C	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 80 Positions Relative to SCHJ

	Symbol	Grade	Weight
	BABA	D	-0.09%
	V	A	-0.09%
	KLAC	D	-0.07%
	STLA	F	-0.07%
	ORCL	B	-0.06%
	VRSK	A	-0.05%
	MRK	F	-0.05%
	MSFT	F	-0.05%
	BHP	F	-0.04%
	MA	C	-0.04%
	GSK	F	-0.04%
	AMZN	C	-0.04%
	AAPL	C	-0.04%
	HP	B	-0.03%
	CLX	B	-0.03%
	MAIN	A	-0.03%
	TEL	B	-0.03%
	GP	F	-0.03%
	TME	D	-0.03%
	LII	A	-0.03%
	WB	D	-0.03%
	OPI	F	-0.03%
	JD	D	-0.03%
	AWH	F	-0.03%
	BKU	A	-0.03%
	CNO	A	-0.03%
	LVS	C	-0.03%
	EPD	A	-0.03%
	NVDA	C	-0.03%
	GOOGL	C	-0.03%
	ARCC	A	-0.03%
	BIDU	F	-0.03%
	HSBC	B	-0.03%
	TSLX	C	-0.02%
	TCPC	C	-0.02%
	VLY	B	-0.02%
	SBRA	C	-0.02%
	OCSL	F	-0.02%
	EQH	B	-0.02%
	HTGC	D	-0.02%
	BCSF	C	-0.02%
	PSEC	D	-0.02%
	ADSK	A	-0.02%
	GBDC	C	-0.02%
	LLY	F	-0.02%
	GSBD	F	-0.02%
	BKH	A	-0.02%
	SLG	B	-0.02%
	WM	A	-0.02%
	INTU	C	-0.02%
	MCO	B	-0.02%
	SITC	D	-0.02%
	EXPE	B	-0.02%
	NXPI	D	-0.02%
	CM	A	-0.02%
	VOD	F	-0.02%
	AVGO	D	-0.02%
	AER	B	-0.02%
	BNS	A	-0.02%
	DB	D	-0.02%
	RY	A	-0.02%
	MUFG	B	-0.02%
	NWG	C	-0.02%
	PDM	D	-0.01%
	CP	D	-0.01%
	WEST	C	-0.01%
	OGS	A	-0.01%
	LRCX	F	-0.01%
	PAA	B	-0.01%
	ADBE	C	-0.01%
	BMO	A	-0.01%
	TD	F	-0.01%
	AMT	D	-0.01%
	AZN	D	-0.01%
	COST	B	-0.0%
	SCCO	F	-0.0%
	FLEX	A	-0.0%
	BDN	C	-0.0%
	FSK	A	-0.0%
	MPLX	A	-0.0%

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 Dow Jones Component Medicine Beverage Biotechnology

SCHJ: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Banks - Regional - US Banks - Global Drug Manufacturers - Major Credit Services Diversified Industrials Semiconductors REIT - Office Specialty Chemicals Business Services Packaged Foods Utilities - Diversified Aerospace & Defense Capital Markets Diagnostics & Research Insurance - Life Oil & Gas E&P REIT - Retail Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Banking Electricity Dow Jones Component Real Estate Investment Trust Investment Bank Computing Electronics Financial Products Insurance Products Cash Management Aerospace Chemical Commercial Banking Semiconductor Disability