IWD vs. SFY ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to SoFi Select 500 ETF (SFY)

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

SFY

SoFi Select 500 ETF

SFY Description

The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Grade (RS Rating)

Last Trade

$110.95

Average Daily Volume

38,291

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	IWD	SFY
30 Days	3.53%	4.18%
60 Days	4.90%	7.67%
90 Days	6.95%	8.72%
12 Months	29.54%	38.94%

411 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in SFY	Overlap
	A	D	0.15%	0.04%	0.04%
	ABBV	D	0.65%	0.53%	0.53%
	ABT	B	0.78%	0.27%	0.27%
	ACGL	D	0.14%	0.1%	0.1%
	ACN	C	0.86%	0.29%	0.29%
	ADI	D	0.4%	0.1%	0.1%
	ADM	D	0.1%	0.03%	0.03%
	ADP	B	0.03%	0.16%	0.03%
	AEE	A	0.09%	0.03%	0.03%
	AEP	D	0.2%	0.06%	0.06%
	AES	F	0.04%	0.03%	0.03%
	AFL	B	0.24%	0.07%	0.07%
	AIG	B	0.19%	0.05%	0.05%
	AJG	B	0.23%	0.15%	0.15%
	AKAM	D	0.05%	0.02%	0.02%
	ALB	C	0.05%	0.01%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.13%	0.13%
	ALNY	D	0.01%	0.12%	0.01%
	AMAT	F	0.04%	0.17%	0.04%
	AMD	F	0.29%	1.44%	0.29%
	AME	A	0.17%	0.05%	0.05%
	AMGN	D	0.13%	0.36%	0.13%
	AMP	A	0.02%	0.1%	0.02%
	ANSS	B	0.11%	0.05%	0.05%
	AON	A	0.29%	0.13%	0.13%
	APD	A	0.27%	0.08%	0.08%
	APH	A	0.14%	0.13%	0.13%
	APO	B	0.08%	0.17%	0.08%
	ARE	D	0.07%	0.04%	0.04%
	ATO	A	0.08%	0.02%	0.02%
	AVB	B	0.13%	0.04%	0.04%
	AVY	D	0.04%	0.02%	0.02%
	AWK	D	0.1%	0.04%	0.04%
	AXP	A	0.39%	0.28%	0.28%
	AZO	C	0.02%	0.07%	0.02%
	BA	F	0.31%	0.14%	0.14%
	BAC	A	1.23%	0.61%	0.61%
	BALL	D	0.07%	0.02%	0.02%
	BAX	D	0.06%	0.07%	0.06%
	BBY	D	0.08%	0.02%	0.02%
	BDX	F	0.25%	0.12%	0.12%
	BG	F	0.05%	0.01%	0.01%
	BIIB	F	0.09%	0.02%	0.02%
	BK	A	0.22%	0.16%	0.16%
	BKNG	A	0.04%	0.25%	0.04%
	BKR	B	0.17%	0.09%	0.09%
	BLDR	D	0.07%	0.02%	0.02%
	BLK	C	0.6%	0.23%	0.23%
	BMRN	D	0.05%	0.03%	0.03%
	BMY	B	0.44%	0.16%	0.16%
	BR	A	0.01%	0.04%	0.01%
	BRK.A	B	3.35%	0.81%	0.81%
	BRO	B	0.06%	0.04%	0.04%
	BSX	B	0.5%	0.35%	0.35%
	C	A	0.51%	0.26%	0.26%
	CAG	D	0.05%	0.02%	0.02%
	CAH	B	0.05%	0.08%	0.05%
	CARR	D	0.24%	0.1%	0.1%
	CAT	B	0.63%	0.24%	0.24%
	CB	C	0.45%	0.21%	0.21%
	CBOE	B	0.08%	0.03%	0.03%
	CBRE	B	0.16%	0.07%	0.07%
	CCI	D	0.18%	0.04%	0.04%
	CCL	B	0.09%	0.07%	0.07%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.23%	0.13%	0.13%
	CF	B	0.06%	0.01%	0.01%
	CFG	B	0.08%	0.03%	0.03%
	CHD	B	0.1%	0.04%	0.04%
	CHTR	C	0.14%	0.04%	0.04%
	CI	F	0.32%	0.17%	0.17%
	CINF	A	0.09%	0.05%	0.05%
	CL	D	0.13%	0.13%	0.13%
	CMCSA	B	0.64%	0.25%	0.25%
	CME	A	0.32%	0.14%	0.14%
	CMI	A	0.19%	0.06%	0.06%
	CMS	C	0.08%	0.02%	0.02%
	CNC	D	0.12%	0.04%	0.04%
	CNP	B	0.08%	0.02%	0.02%
	COF	B	0.27%	0.11%	0.11%
	COIN	C	0.04%	0.25%	0.04%
	COP	C	0.51%	0.11%	0.11%
	CPRT	A	0.01%	0.07%	0.01%
	CRM	B	0.18%	0.8%	0.18%
	CSCO	B	0.91%	0.25%	0.25%
	CSGP	D	0.11%	0.04%	0.04%
	CSL	C	0.07%	0.02%	0.02%
	CSX	B	0.27%	0.07%	0.07%
	CTAS	B	0.01%	0.11%	0.01%
	CTRA	B	0.07%	0.02%	0.02%
	CTSH	B	0.15%	0.05%	0.05%
	CTVA	C	0.15%	0.06%	0.06%
	CVNA	B	0.07%	0.03%	0.03%
	CVS	D	0.26%	0.14%	0.14%
	CVX	A	1.08%	0.26%	0.26%
	D	C	0.19%	0.05%	0.05%
	DAL	C	0.16%	0.06%	0.06%
	DASH	A	0.03%	0.17%	0.03%
	DD	D	0.13%	0.07%	0.07%
	DE	A	0.39%	0.1%	0.1%
	DELL	C	0.12%	0.06%	0.06%
	DFS	B	0.17%	0.08%	0.08%
	DG	F	0.06%	0.02%	0.02%
	DGX	A	0.07%	0.02%	0.02%
	DHI	D	0.19%	0.07%	0.07%
	DHR	F	0.58%	0.13%	0.13%
	DIS	B	0.82%	0.39%	0.39%
	DLR	B	0.23%	0.1%	0.1%
	DLTR	F	0.05%	0.02%	0.02%
	DOC	D	0.06%	0.02%	0.02%
	DOV	A	0.11%	0.03%	0.03%
	DOW	F	0.12%	0.04%	0.04%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.1%	0.02%	0.02%
	DUK	C	0.34%	0.12%	0.12%
	DVN	F	0.09%	0.02%	0.02%
	EA	A	0.17%	0.05%	0.05%
	EBAY	D	0.12%	0.05%	0.05%
	ECL	D	0.03%	0.09%	0.03%
	ED	D	0.13%	0.04%	0.04%
	EFX	F	0.09%	0.04%	0.04%
	EG	C	0.05%	0.03%	0.03%
	EIX	B	0.12%	0.04%	0.04%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.3%	0.12%	0.12%
	EME	C	0.05%	0.04%	0.04%
	EMN	D	0.05%	0.01%	0.01%
	EMR	A	0.28%	0.1%	0.1%
	EOG	A	0.3%	0.08%	0.08%
	EPAM	C	0.05%	0.02%	0.02%
	EQIX	A	0.31%	0.13%	0.13%
	EQR	B	0.11%	0.03%	0.03%
	EQT	B	0.09%	0.02%	0.02%
	ES	D	0.08%	0.07%	0.07%
	ESS	B	0.07%	0.02%	0.02%
	ETN	A	0.56%	0.23%	0.23%
	ETR	B	0.12%	0.03%	0.03%
	EVRG	A	0.06%	0.02%	0.02%
	EW	C	0.13%	0.06%	0.06%
	EXAS	D	0.02%	0.02%	0.02%
	EXC	C	0.15%	0.07%	0.07%
	EXPD	D	0.06%	0.01%	0.01%
	EXR	D	0.13%	0.11%	0.11%
	F	C	0.17%	0.07%	0.07%
	FANG	D	0.13%	0.05%	0.05%
	FAST	B	0.03%	0.06%	0.03%
	FCNCA	A	0.1%	0.08%	0.08%
	FCX	D	0.24%	0.11%	0.11%
	FDS	B	0.05%	0.02%	0.02%
	FDX	B	0.26%	0.07%	0.07%
	FE	C	0.09%	0.04%	0.04%
	FI	A	0.32%	0.21%	0.21%
	FICO	B	0.03%	0.09%	0.03%
	FIS	C	0.19%	0.09%	0.09%
	FITB	A	0.12%	0.05%	0.05%
	FSLR	F	0.08%	0.08%	0.08%
	FTNT	C	0.04%	0.09%	0.04%
	FTV	C	0.1%	0.04%	0.04%
	GD	F	0.31%	0.1%	0.1%
	GE	D	0.59%	0.16%	0.16%
	GEHC	F	0.13%	0.05%	0.05%
	GEN	B	0.06%	0.02%	0.02%
	GEV	B	0.35%	0.33%	0.33%
	GILD	C	0.43%	0.37%	0.37%
	GIS	D	0.14%	0.04%	0.04%
	GLW	B	0.14%	0.07%	0.07%
	GM	B	0.25%	0.08%	0.08%
	GPC	D	0.07%	0.02%	0.02%
	GPN	B	0.12%	0.05%	0.05%
	GRMN	B	0.13%	0.04%	0.04%
	GS	A	0.53%	0.43%	0.43%
	GWW	B	0.03%	0.07%	0.03%
	HAL	C	0.1%	0.03%	0.03%
	HBAN	A	0.1%	0.04%	0.04%
	HCA	F	0.19%	0.1%	0.1%
	HD	A	0.32%	0.44%	0.32%
	HES	B	0.06%	0.06%	0.06%
	HIG	B	0.13%	0.05%	0.05%
	HLT	A	0.12%	0.1%	0.1%
	HOLX	D	0.07%	0.02%	0.02%
	HON	B	0.49%	0.21%	0.21%
	HPE	B	0.11%	0.04%	0.04%
	HPQ	B	0.11%	0.04%	0.04%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.08%	0.03%	0.03%
	HUBB	B	0.09%	0.04%	0.04%
	HUM	C	0.13%	0.05%	0.05%
	HWM	A	0.17%	0.09%	0.09%
	IBM	C	0.73%	0.52%	0.52%
	ICE	C	0.34%	0.18%	0.18%
	IEX	B	0.07%	0.02%	0.02%
	IFF	D	0.09%	0.03%	0.03%
	ILMN	D	0.08%	0.03%	0.03%
	INCY	C	0.04%	0.04%	0.04%
	INTC	D	0.4%	0.31%	0.31%
	INVH	D	0.08%	0.03%	0.03%
	IP	B	0.08%	0.02%	0.02%
	IQV	D	0.12%	0.05%	0.05%
	IR	B	0.16%	0.07%	0.07%
	IRM	D	0.06%	0.05%	0.05%
	ITW	B	0.2%	0.09%	0.09%
	J	F	0.07%	0.02%	0.02%
	JBHT	C	0.06%	0.02%	0.02%
	JCI	C	0.22%	0.07%	0.07%
	JKHY	D	0.05%	0.02%	0.02%
	JNJ	D	1.45%	0.43%	0.43%
	JPM	A	2.74%	1.55%	1.55%
	K	A	0.08%	0.02%	0.02%
	KDP	D	0.14%	0.05%	0.05%
	KEY	B	0.07%	0.02%	0.02%
	KEYS	A	0.1%	0.03%	0.03%
	KHC	F	0.11%	0.03%	0.03%
	KIM	A	0.06%	0.02%	0.02%
	KKR	A	0.28%	0.41%	0.28%
	KMB	D	0.1%	0.06%	0.06%
	KMI	A	0.21%	0.06%	0.06%
	KMX	B	0.04%	0.01%	0.01%
	KO	D	0.4%	0.34%	0.34%
	KR	B	0.15%	0.06%	0.06%
	KVUE	A	0.18%	0.06%	0.06%
	LDOS	C	0.08%	0.03%	0.03%
	LEN	D	0.16%	0.05%	0.05%
	LEN	D	0.01%	0.05%	0.01%
	LH	C	0.08%	0.02%	0.02%
	LHX	C	0.18%	0.11%	0.11%
	LIN	D	0.84%	0.27%	0.27%
	LMT	D	0.3%	0.17%	0.17%
	LNG	B	0.09%	0.03%	0.03%
	LNT	A	0.06%	0.02%	0.02%
	LOW	D	0.6%	0.15%	0.15%
	LUV	C	0.08%	0.07%	0.07%
	LW	C	0.03%	0.01%	0.01%
	LYB	F	0.08%	0.03%	0.03%
	MAA	B	0.07%	0.02%	0.02%
	MAR	B	0.25%	0.09%	0.09%
	MAS	D	0.07%	0.02%	0.02%
	MCD	D	0.77%	0.28%	0.28%
	MCHP	D	0.13%	0.03%	0.03%
	MCK	B	0.17%	0.11%	0.11%
	MDLZ	F	0.34%	0.11%	0.11%
	MDT	D	0.44%	0.16%	0.16%
	MET	A	0.19%	0.08%	0.08%
	MKC	D	0.07%	0.03%	0.03%
	MKL	A	0.07%	0.03%	0.03%
	MLM	B	0.13%	0.05%	0.05%
	MMC	B	0.37%	0.17%	0.17%
	MMM	D	0.23%	0.17%	0.17%
	MNST	C	0.03%	0.05%	0.03%
	MO	A	0.37%	0.1%	0.1%
	MOH	F	0.02%	0.03%	0.02%
	MPC	D	0.22%	0.05%	0.05%
	MRNA	F	0.05%	0.01%	0.01%
	MRO	B	0.06%	0.02%	0.02%
	MRVL	B	0.27%	0.1%	0.1%
	MS	A	0.57%	0.34%	0.34%
	MSCI	C	0.07%	0.07%	0.07%
	MSI	B	0.16%	0.13%	0.13%
	MSTR	C	0.19%	0.07%	0.07%
	MTB	A	0.14%	0.06%	0.06%
	MTD	D	0.1%	0.03%	0.03%
	MU	D	0.41%	0.66%	0.41%
	NDAQ	A	0.13%	0.06%	0.06%
	NEE	D	0.61%	0.21%	0.21%
	NEM	D	0.18%	0.22%	0.18%
	NI	A	0.06%	0.02%	0.02%
	NKE	D	0.14%	0.1%	0.1%
	NOC	D	0.27%	0.1%	0.1%
	NRG	B	0.04%	0.03%	0.03%
	NSC	B	0.23%	0.07%	0.07%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.08%	0.07%	0.07%
	NUE	C	0.14%	0.03%	0.03%
	NVR	D	0.1%	0.03%	0.03%
	O	D	0.19%	0.12%	0.12%
	OC	A	0.07%	0.02%	0.02%
	OKE	A	0.25%	0.08%	0.08%
	OKTA	C	0.03%	0.05%	0.03%
	OMC	C	0.07%	0.03%	0.03%
	ON	D	0.11%	0.03%	0.03%
	ORLY	B	0.02%	0.1%	0.02%
	OTIS	C	0.16%	0.05%	0.05%
	OXY	D	0.13%	0.03%	0.03%
	PAYX	C	0.11%	0.06%	0.06%
	PCAR	B	0.22%	0.07%	0.07%
	PCG	A	0.17%	0.07%	0.07%
	PEG	A	0.17%	0.05%	0.05%
	PEP	F	0.18%	0.28%	0.18%
	PFE	D	0.55%	0.32%	0.32%
	PFG	D	0.08%	0.02%	0.02%
	PG	A	1.21%	0.51%	0.51%
	PGR	A	0.09%	0.5%	0.09%
	PH	A	0.35%	0.12%	0.12%
	PHM	D	0.1%	0.03%	0.03%
	PKG	A	0.08%	0.02%	0.02%
	PLD	D	0.41%	0.13%	0.13%
	PM	B	0.78%	0.32%	0.32%
	PNC	B	0.32%	0.13%	0.13%
	PNR	A	0.07%	0.02%	0.02%
	PPG	F	0.11%	0.04%	0.04%
	PPL	B	0.1%	0.03%	0.03%
	PRU	A	0.18%	0.08%	0.08%
	PSA	D	0.18%	0.06%	0.06%
	PSTG	D	0.01%	0.09%	0.01%
	PSX	C	0.21%	0.06%	0.06%
	PTC	A	0.03%	0.04%	0.03%
	PWR	A	0.13%	0.09%	0.09%
	PYPL	B	0.34%	0.13%	0.13%
	QCOM	F	0.04%	0.2%	0.04%
	RCL	A	0.14%	0.25%	0.14%
	REGN	F	0.28%	0.12%	0.12%
	RF	A	0.09%	0.03%	0.03%
	RJF	A	0.12%	0.04%	0.04%
	RMD	C	0.1%	0.05%	0.05%
	ROK	B	0.12%	0.04%	0.04%
	ROP	B	0.23%	0.1%	0.1%
	ROST	C	0.14%	0.07%	0.07%
	RPM	A	0.05%	0.02%	0.02%
	RPRX	D	0.04%	0.03%	0.03%
	RS	B	0.07%	0.02%	0.02%
	RSG	A	0.17%	0.06%	0.06%
	RTX	C	0.61%	0.38%	0.38%
	RVTY	F	0.05%	0.02%	0.02%
	SBAC	D	0.09%	0.03%	0.03%
	SBUX	A	0.1%	0.14%	0.1%
	SCHW	B	0.42%	0.15%	0.15%
	SHW	A	0.03%	0.1%	0.03%
	SJM	D	0.04%	0.04%	0.04%
	SLB	C	0.24%	0.11%	0.11%
	SNA	A	0.07%	0.02%	0.02%
	SO	D	0.37%	0.12%	0.12%
	SOLV	C	0.04%	0.01%	0.01%
	SPG	B	0.17%	0.08%	0.08%
	SPGI	C	0.61%	0.31%	0.31%
	SQ	B	0.11%	0.21%	0.11%
	SRE	A	0.23%	0.05%	0.05%
	SSNC	B	0.06%	0.03%	0.03%
	STE	F	0.08%	0.06%	0.06%
	STLD	B	0.08%	0.02%	0.02%
	STT	A	0.11%	0.06%	0.06%
	STZ	D	0.15%	0.05%	0.05%
	SUI	D	0.06%	0.02%	0.02%
	SW	A	0.1%	0.04%	0.04%
	SWK	D	0.05%	0.02%	0.02%
	SWKS	F	0.05%	0.01%	0.01%
	SYF	B	0.1%	0.06%	0.06%
	SYK	C	0.39%	0.2%	0.2%
	SYY	B	0.06%	0.05%	0.05%
	T	A	0.63%	0.34%	0.34%
	TDG	D	0.21%	0.16%	0.16%
	TDY	B	0.08%	0.03%	0.03%
	TER	D	0.01%	0.02%	0.01%
	TFC	A	0.24%	0.06%	0.06%
	TFX	F	0.04%	0.01%	0.01%
	TGT	F	0.27%	0.07%	0.07%
	TJX	A	0.22%	0.19%	0.19%
	TMO	F	0.76%	0.24%	0.24%
	TMUS	B	0.44%	0.16%	0.16%
	TROW	B	0.1%	0.03%	0.03%
	TRU	D	0.07%	0.06%	0.06%
	TRV	B	0.23%	0.12%	0.12%
	TSN	B	0.07%	0.06%	0.06%
	TT	A	0.24%	0.15%	0.15%
	TTWO	A	0.12%	0.03%	0.03%
	TWLO	A	0.05%	0.03%	0.03%
	TXN	C	0.63%	0.16%	0.16%
	TXT	D	0.06%	0.02%	0.02%
	TYL	B	0.01%	0.04%	0.01%
	UAL	A	0.12%	0.04%	0.04%
	UDR	B	0.06%	0.02%	0.02%
	ULTA	F	0.01%	0.02%	0.01%
	UNH	C	1.98%	0.89%	0.89%
	UNP	C	0.29%	0.16%	0.16%
	UPS	C	0.38%	0.1%	0.1%
	URI	B	0.16%	0.09%	0.09%
	USB	A	0.3%	0.14%	0.14%
	VICI	C	0.13%	0.06%	0.06%
	VLO	C	0.17%	0.04%	0.04%
	VLTO	D	0.05%	0.03%	0.03%
	VMC	B	0.11%	0.04%	0.04%
	VRSN	F	0.06%	0.02%	0.02%
	VRTX	F	0.23%	0.4%	0.23%
	VTR	C	0.1%	0.03%	0.03%
	VTRS	A	0.06%	0.04%	0.04%
	VZ	C	0.68%	0.22%	0.22%
	WAB	B	0.13%	0.06%	0.06%
	WAT	B	0.03%	0.02%	0.02%
	WBD	C	0.09%	0.02%	0.02%
	WDC	D	0.08%	0.08%	0.08%
	WEC	A	0.12%	0.03%	0.03%
	WELL	A	0.32%	0.29%	0.29%
	WFC	A	1.01%	0.33%	0.33%
	WMB	A	0.27%	0.08%	0.08%
	WMT	A	1.42%	0.53%	0.53%
	WPC	D	0.05%	0.01%	0.01%
	WRB	A	0.07%	0.03%	0.03%
	WSM	B	0.03%	0.02%	0.02%
	WSO	A	0.07%	0.02%	0.02%
	WST	C	0.04%	0.02%	0.02%
	WTW	B	0.12%	0.05%	0.05%
	WY	D	0.09%	0.02%	0.02%
	XEL	A	0.15%	0.04%	0.04%
	XOM	B	2.08%	0.54%	0.54%
	XYL	D	0.11%	0.1%	0.1%
	YUM	B	0.09%	0.05%	0.05%
	ZBH	C	0.09%	0.04%	0.04%
	ZBRA	B	0.06%	0.02%	0.02%
	ZM	B	0.08%	0.06%	0.06%
	ZTS	D	0.05%	0.12%	0.05%

IWD Overweight 454 Positions Relative to SFY

	Symbol	Grade	Weight
	CRH	A	0.26%
	FERG	B	0.15%
	COO	D	0.08%
	HOOD	B	0.08%
	EXE	B	0.08%
	TRMB	B	0.07%
	IBKR	A	0.07%
	EWBC	A	0.06%
	APTV	D	0.06%
	NDSN	B	0.06%
	ACM	A	0.06%
	THC	D	0.06%
	AMCR	D	0.06%
	USFD	A	0.06%
	L	A	0.06%
	GGG	B	0.06%
	RGA	A	0.06%
	TOL	B	0.06%
	FNF	B	0.06%
	UTHR	C	0.06%
	Z	A	0.05%
	UHS	D	0.05%
	SOFI	A	0.05%
	JNPR	F	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	FTI	A	0.05%
	ALLE	D	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%
	AMH	D	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%
	RNR	C	0.05%
	REG	B	0.05%
	CW	B	0.05%
	FFIV	B	0.05%
	AVTR	F	0.05%
	TW	A	0.04%
	GMED	A	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%
	PNFP	B	0.04%
	BRBR	A	0.04%
	FRT	B	0.04%
	CNH	C	0.04%
	CRL	C	0.04%
	MKTX	D	0.04%
	CIEN	B	0.04%
	DOX	D	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%
	NLY	C	0.04%
	OHI	C	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%
	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%
	ATR	B	0.04%
	CG	A	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	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%
	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%
	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%
	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%
	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%
	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%
	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%
	RIVN	F	0.03%
	VOYA	B	0.03%
	CPB	D	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%
	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%
	GFS	C	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%
	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%
	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%
	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%
	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%
	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%
	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%
	CNXC	F	0.01%
	VSTS	C	0.01%
	CRI	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%
	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%
	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%
	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 85 Positions Relative to SFY

	Symbol	Grade	Weight
	NVDA	C	-17.18%
	MSFT	F	-5.38%
	AMZN	C	-4.53%
	AAPL	C	-4.2%
	META	D	-3.02%
	AVGO	D	-2.8%
	LLY	F	-2.06%
	GOOGL	C	-1.72%
	TSLA	B	-0.96%
	MRK	F	-0.77%
	NFLX	A	-0.74%
	V	A	-0.73%
	UBER	D	-0.7%
	MA	C	-0.67%
	NOW	A	-0.56%
	COST	B	-0.55%
	PLTR	B	-0.53%
	ORCL	B	-0.48%
	PANW	C	-0.44%
	CRWD	B	-0.42%
	APP	B	-0.39%
	ISRG	A	-0.38%
	ADBE	C	-0.37%
	INTU	C	-0.33%
	BX	A	-0.28%
	WDAY	B	-0.25%
	ANET	C	-0.18%
	DDOG	A	-0.18%
	AMT	D	-0.18%
	HUBS	A	-0.16%
	MCO	B	-0.16%
	CMG	B	-0.15%
	TTD	B	-0.15%
	VRT	B	-0.14%
	SNPS	B	-0.14%
	AXON	A	-0.13%
	WM	A	-0.12%
	TEAM	A	-0.12%
	CDNS	B	-0.12%
	ADSK	A	-0.12%
	SNOW	C	-0.11%
	NET	B	-0.11%
	ZS	C	-0.1%
	ABNB	C	-0.1%
	LVS	C	-0.1%
	LRCX	F	-0.09%
	KLAC	D	-0.09%
	SMCI	F	-0.08%
	DXCM	D	-0.07%
	FLUT	A	-0.07%
	VST	B	-0.07%
	COR	B	-0.07%
	GDDY	A	-0.07%
	DKNG	B	-0.07%
	PODD	C	-0.07%
	VEEV	C	-0.06%
	DOCU	A	-0.06%
	STX	D	-0.06%
	LYV	A	-0.05%
	PINS	D	-0.05%
	DECK	A	-0.05%
	VRSK	A	-0.05%
	IT	C	-0.05%
	TRGP	B	-0.05%
	IDXX	F	-0.05%
	MDB	C	-0.05%
	ARES	A	-0.05%
	MANH	D	-0.04%
	BAH	F	-0.04%
	EXPE	B	-0.04%
	CPAY	A	-0.04%
	LPLA	A	-0.04%
	CLX	B	-0.04%
	ODFL	B	-0.04%
	MPWR	F	-0.04%
	RBLX	C	-0.04%
	ROL	B	-0.03%
	ERIE	D	-0.03%
	LII	A	-0.03%
	ENTG	D	-0.03%
	BURL	A	-0.03%
	TSCO	D	-0.03%
	ENPH	F	-0.01%
	SNAP	C	-0.01%
	SCCO	F	-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

SFY: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Banks - Regional - US Specialty Retail Capital Markets Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Medical Devices Medical Instruments & Supplies Software - Infrastructure Specialty Chemicals Biotechnology Credit Services Health Care Plans

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Electricity Dow Jones Component Insurance Electronics Chemical Medicine Aerospace Bank Banking Cloud Computing Semiconductor Telecommunications Real Estate Investment Trust Mining Mobile Devices Insurance Products