IWD vs. TPLC ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Timothy Plan US Large Cap Core ETF (TPLC)

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

TPLC

Timothy Plan US Large Cap Core ETF

TPLC Description

The investment seeks to provide investment results that track the performance of the Victory US Large Cap Volatility Weighted BRI Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets directly or indirectly in the securities included in the Victory US Large Cap Volatility Weighted BRI Index, an unmanaged, volatility weighted index created by the Sub-Advisor. The index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities.

Grade (RS Rating)

Last Trade

$45.89

Average Daily Volume

19,140

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	IWD	TPLC
30 Days	3.53%	4.39%
60 Days	4.90%	5.09%
90 Days	6.95%	7.19%
12 Months	29.54%	29.41%

221 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in TPLC	Overlap
	A	D	0.15%	0.31%	0.15%
	ACGL	D	0.14%	0.4%	0.14%
	ACM	A	0.06%	0.41%	0.06%
	ADI	D	0.4%	0.24%	0.24%
	AEE	A	0.09%	0.56%	0.09%
	AEP	D	0.2%	0.48%	0.2%
	AES	F	0.04%	0.19%	0.04%
	AFG	A	0.04%	0.52%	0.04%
	AFL	B	0.24%	0.43%	0.24%
	AJG	B	0.23%	0.55%	0.23%
	AKAM	D	0.05%	0.27%	0.05%
	ALGN	D	0.03%	0.24%	0.03%
	ALLE	D	0.05%	0.4%	0.05%
	AME	A	0.17%	0.48%	0.17%
	AOS	F	0.03%	0.32%	0.03%
	APH	A	0.14%	0.36%	0.14%
	APTV	D	0.06%	0.18%	0.06%
	ATO	A	0.08%	0.63%	0.08%
	AVTR	F	0.05%	0.22%	0.05%
	AVY	D	0.04%	0.45%	0.04%
	AWK	D	0.1%	0.44%	0.1%
	BG	F	0.05%	0.33%	0.05%
	BKR	B	0.17%	0.4%	0.17%
	BLD	D	0.04%	0.2%	0.04%
	BLDR	D	0.07%	0.18%	0.07%
	BMRN	D	0.05%	0.24%	0.05%
	BRO	B	0.06%	0.56%	0.06%
	CAH	B	0.05%	0.46%	0.05%
	CARR	D	0.24%	0.28%	0.24%
	CASY	A	0.05%	0.31%	0.05%
	CAT	B	0.63%	0.33%	0.33%
	CBOE	B	0.08%	0.43%	0.08%
	CDW	F	0.05%	0.28%	0.05%
	CE	F	0.02%	0.17%	0.02%
	CEG	D	0.23%	0.14%	0.14%
	CF	B	0.06%	0.33%	0.06%
	CHRW	C	0.05%	0.26%	0.05%
	CINF	A	0.09%	0.48%	0.09%
	CLH	B	0.05%	0.35%	0.05%
	CMS	C	0.08%	0.54%	0.08%
	CNP	B	0.08%	0.47%	0.08%
	COIN	C	0.04%	0.21%	0.04%
	COKE	C	0.03%	0.24%	0.03%
	COP	C	0.51%	0.45%	0.45%
	CPB	D	0.03%	0.39%	0.03%
	CPRT	A	0.01%	0.44%	0.01%
	CSGP	D	0.11%	0.31%	0.11%
	CSL	C	0.07%	0.31%	0.07%
	CSX	B	0.27%	0.49%	0.27%
	CTAS	B	0.01%	0.52%	0.01%
	CTRA	B	0.07%	0.43%	0.07%
	CTSH	B	0.15%	0.46%	0.15%
	CVNA	B	0.07%	0.13%	0.07%
	CW	B	0.05%	0.44%	0.05%
	DE	A	0.39%	0.39%	0.39%
	DG	F	0.06%	0.16%	0.06%
	DHI	D	0.19%	0.23%	0.19%
	DHR	F	0.58%	0.34%	0.34%
	DOV	A	0.11%	0.45%	0.11%
	DPZ	C	0.04%	0.31%	0.04%
	DTE	C	0.1%	0.47%	0.1%
	DVN	F	0.09%	0.32%	0.09%
	ED	D	0.13%	0.52%	0.13%
	EFX	F	0.09%	0.27%	0.09%
	EG	C	0.05%	0.38%	0.05%
	EME	C	0.05%	0.31%	0.05%
	EMN	D	0.05%	0.36%	0.05%
	EOG	A	0.3%	0.42%	0.3%
	EPAM	C	0.05%	0.24%	0.05%
	EQT	B	0.09%	0.35%	0.09%
	ETR	B	0.12%	0.59%	0.12%
	EVRG	A	0.06%	0.58%	0.06%
	EW	C	0.13%	0.2%	0.13%
	EWBC	A	0.06%	0.39%	0.06%
	EXPD	D	0.06%	0.41%	0.06%
	FANG	D	0.13%	0.3%	0.13%
	FAST	B	0.03%	0.43%	0.03%
	FCNCA	A	0.1%	0.33%	0.1%
	FCX	D	0.24%	0.21%	0.21%
	FFIV	B	0.05%	0.37%	0.05%
	FICO	B	0.03%	0.32%	0.03%
	FIS	C	0.19%	0.41%	0.19%
	FND	C	0.03%	0.22%	0.03%
	FSLR	F	0.08%	0.14%	0.08%
	FTNT	C	0.04%	0.25%	0.04%
	FTV	C	0.1%	0.38%	0.1%
	GD	F	0.31%	0.52%	0.31%
	GEHC	F	0.13%	0.27%	0.13%
	GEV	B	0.35%	0.23%	0.23%
	GGG	B	0.06%	0.48%	0.06%
	GPC	D	0.07%	0.33%	0.07%
	GRMN	B	0.13%	0.41%	0.13%
	GWW	B	0.03%	0.46%	0.03%
	HAL	C	0.1%	0.34%	0.1%
	HCA	F	0.19%	0.33%	0.19%
	HII	D	0.03%	0.28%	0.03%
	HOOD	B	0.08%	0.22%	0.08%
	HRL	D	0.03%	0.3%	0.03%
	HUBB	B	0.09%	0.29%	0.09%
	HUM	C	0.13%	0.29%	0.13%
	HWM	A	0.17%	0.29%	0.17%
	IBKR	A	0.07%	0.47%	0.07%
	ICE	C	0.34%	0.58%	0.34%
	IEX	B	0.07%	0.48%	0.07%
	INCY	C	0.04%	0.37%	0.04%
	IP	B	0.08%	0.36%	0.08%
	IQV	D	0.12%	0.25%	0.12%
	IR	B	0.16%	0.34%	0.16%
	ITT	A	0.05%	0.33%	0.05%
	ITW	B	0.2%	0.58%	0.2%
	JBHT	C	0.06%	0.35%	0.06%
	JBL	B	0.05%	0.22%	0.05%
	JEF	A	0.04%	0.43%	0.04%
	JKHY	D	0.05%	0.45%	0.05%
	KEYS	A	0.1%	0.29%	0.1%
	KMB	D	0.1%	0.45%	0.1%
	KMI	A	0.21%	0.6%	0.21%
	KMX	B	0.04%	0.28%	0.04%
	KVUE	A	0.18%	0.36%	0.18%
	LDOS	C	0.08%	0.47%	0.08%
	LEN	D	0.16%	0.27%	0.16%
	LEN	D	0.01%	0.27%	0.01%
	LIN	D	0.84%	0.58%	0.58%
	LNG	B	0.09%	0.57%	0.09%
	LNT	A	0.06%	0.56%	0.06%
	LYB	F	0.08%	0.41%	0.08%
	MAS	D	0.07%	0.33%	0.07%
	MCHP	D	0.13%	0.2%	0.13%
	MKC	D	0.07%	0.37%	0.07%
	MKL	A	0.07%	0.48%	0.07%
	MLM	B	0.13%	0.41%	0.13%
	MSCI	C	0.07%	0.29%	0.07%
	MTD	D	0.1%	0.22%	0.1%
	NDAQ	A	0.13%	0.52%	0.13%
	NEE	D	0.61%	0.32%	0.32%
	NI	A	0.06%	0.64%	0.06%
	NRG	B	0.04%	0.27%	0.04%
	NSC	B	0.23%	0.34%	0.23%
	NTAP	C	0.05%	0.27%	0.05%
	NUE	C	0.14%	0.32%	0.14%
	NVR	D	0.1%	0.35%	0.1%
	OKE	A	0.25%	0.54%	0.25%
	ON	D	0.11%	0.17%	0.11%
	ORLY	B	0.02%	0.46%	0.02%
	OTIS	C	0.16%	0.45%	0.16%
	OVV	B	0.04%	0.33%	0.04%
	OXY	D	0.13%	0.4%	0.13%
	PAG	B	0.01%	0.36%	0.01%
	PAYX	C	0.11%	0.52%	0.11%
	PCAR	B	0.22%	0.37%	0.22%
	PEG	A	0.17%	0.55%	0.17%
	PFG	D	0.08%	0.43%	0.08%
	PH	A	0.35%	0.36%	0.35%
	PHM	D	0.1%	0.27%	0.1%
	PKG	A	0.08%	0.53%	0.08%
	PPG	F	0.11%	0.45%	0.11%
	PR	B	0.03%	0.33%	0.03%
	PSTG	D	0.01%	0.16%	0.01%
	PSX	C	0.21%	0.34%	0.21%
	PTC	A	0.03%	0.44%	0.03%
	PWR	A	0.13%	0.28%	0.13%
	REGN	F	0.28%	0.35%	0.28%
	RGA	A	0.06%	0.43%	0.06%
	RKT	F	0.01%	0.14%	0.01%
	RMD	C	0.1%	0.22%	0.1%
	RNR	C	0.05%	0.4%	0.05%
	ROK	B	0.12%	0.27%	0.12%
	ROP	B	0.23%	0.49%	0.23%
	ROST	C	0.14%	0.42%	0.14%
	RPM	A	0.05%	0.42%	0.05%
	RS	B	0.07%	0.35%	0.07%
	RSG	A	0.17%	0.64%	0.17%
	RVTY	F	0.05%	0.3%	0.05%
	SCI	B	0.05%	0.5%	0.05%
	SHW	A	0.03%	0.43%	0.03%
	SJM	D	0.04%	0.38%	0.04%
	SLB	C	0.24%	0.34%	0.24%
	SNA	A	0.07%	0.48%	0.07%
	SO	D	0.37%	0.53%	0.37%
	SOLV	C	0.04%	0.25%	0.04%
	SQ	B	0.11%	0.24%	0.11%
	SSNC	B	0.06%	0.48%	0.06%
	STE	F	0.08%	0.39%	0.08%
	STLD	B	0.08%	0.35%	0.08%
	SWKS	F	0.05%	0.2%	0.05%
	SYK	C	0.39%	0.52%	0.39%
	SYY	B	0.06%	0.43%	0.06%
	TDG	D	0.21%	0.37%	0.21%
	TDY	B	0.08%	0.4%	0.08%
	TER	D	0.01%	0.15%	0.01%
	TFX	F	0.04%	0.28%	0.04%
	THC	D	0.06%	0.26%	0.06%
	TOL	B	0.06%	0.25%	0.06%
	TRMB	B	0.07%	0.4%	0.07%
	TT	A	0.24%	0.38%	0.24%
	TTEK	F	0.03%	0.29%	0.03%
	TW	A	0.04%	0.45%	0.04%
	TXT	D	0.06%	0.36%	0.06%
	TYL	B	0.01%	0.38%	0.01%
	UHAL	D	0.01%	0.3%	0.01%
	UHAL	D	0.0%	0.3%	0.0%
	UHS	D	0.05%	0.31%	0.05%
	UNP	C	0.29%	0.49%	0.29%
	URI	B	0.16%	0.24%	0.16%
	USFD	A	0.06%	0.4%	0.06%
	UTHR	C	0.06%	0.33%	0.06%
	VLO	C	0.17%	0.31%	0.17%
	VMC	B	0.11%	0.43%	0.11%
	VRSN	F	0.06%	0.49%	0.06%
	WAB	B	0.13%	0.43%	0.13%
	WAT	B	0.03%	0.31%	0.03%
	WEC	A	0.12%	0.55%	0.12%
	WLK	D	0.02%	0.28%	0.02%
	WMB	A	0.27%	0.57%	0.27%
	WMS	D	0.02%	0.21%	0.02%
	WRB	A	0.07%	0.42%	0.07%
	WSO	A	0.07%	0.34%	0.07%
	WST	C	0.04%	0.25%	0.04%
	XYL	D	0.11%	0.38%	0.11%
	ZBRA	B	0.06%	0.28%	0.06%
	ZTS	D	0.05%	0.31%	0.05%

IWD Overweight 644 Positions Relative to TPLC

	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%
	CSCO	B	0.91%
	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%
	CMCSA	B	0.64%
	TXN	C	0.63%
	T	A	0.63%
	SPGI	C	0.61%
	RTX	C	0.61%
	LOW	D	0.6%
	BLK	C	0.6%
	GE	D	0.59%
	MS	A	0.57%
	ETN	A	0.56%
	PFE	D	0.55%
	GS	A	0.53%
	C	A	0.51%
	BSX	B	0.5%
	HON	B	0.49%
	CB	C	0.45%
	MDT	D	0.44%
	TMUS	B	0.44%
	BMY	B	0.44%
	GILD	C	0.43%
	SCHW	B	0.42%
	PLD	D	0.41%
	MU	D	0.41%
	KO	D	0.4%
	INTC	D	0.4%
	AXP	A	0.39%
	UPS	C	0.38%
	MMC	B	0.37%
	MO	A	0.37%
	MDLZ	F	0.34%
	DUK	C	0.34%
	PYPL	B	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%
	EQIX	A	0.31%
	BA	F	0.31%
	LMT	D	0.3%
	USB	A	0.3%
	ELV	F	0.3%
	AMD	F	0.29%
	AON	A	0.29%
	KKR	A	0.28%
	EMR	A	0.28%
	NOC	D	0.27%
	MRVL	B	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%
	MAR	B	0.25%
	BDX	F	0.25%
	TFC	A	0.24%
	DLR	B	0.23%
	MMM	D	0.23%
	SRE	A	0.23%
	TRV	B	0.23%
	VRTX	F	0.23%
	MPC	D	0.22%
	TJX	A	0.22%
	JCI	C	0.22%
	BK	A	0.22%
	D	C	0.19%
	MET	A	0.19%
	AIG	B	0.19%
	O	D	0.19%
	CMI	A	0.19%
	MSTR	C	0.19%
	PSA	D	0.18%
	CCI	D	0.18%
	PRU	A	0.18%
	PEP	F	0.18%
	CRM	B	0.18%
	LHX	C	0.18%
	NEM	D	0.18%
	EA	A	0.17%
	F	C	0.17%
	SPG	B	0.17%
	ALL	A	0.17%
	DFS	B	0.17%
	MCK	B	0.17%
	PCG	A	0.17%
	CBRE	B	0.16%
	DAL	C	0.16%
	MSI	B	0.16%
	FERG	B	0.15%
	STZ	D	0.15%
	KR	B	0.15%
	CTVA	C	0.15%
	XEL	A	0.15%
	EXC	C	0.15%
	NKE	D	0.14%
	GIS	D	0.14%
	KDP	D	0.14%
	MTB	A	0.14%
	GLW	B	0.14%
	RCL	A	0.14%
	CHTR	C	0.14%
	AVB	B	0.13%
	VICI	C	0.13%
	AMGN	D	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%
	UAL	A	0.12%
	CNC	D	0.12%
	DELL	C	0.12%
	RJF	A	0.12%
	TTWO	A	0.12%
	DOW	F	0.12%
	EBAY	D	0.12%
	EIX	B	0.12%
	WTW	B	0.12%
	FITB	A	0.12%
	HPQ	B	0.11%
	HPE	B	0.11%
	KHC	F	0.11%
	EQR	B	0.11%
	STT	A	0.11%
	ANSS	B	0.11%
	PPL	B	0.1%
	SBUX	A	0.1%
	ADM	D	0.1%
	HBAN	A	0.1%
	SYF	B	0.1%
	VTR	C	0.1%
	TROW	B	0.1%
	CHD	B	0.1%
	SW	A	0.1%
	IFF	D	0.09%
	WBD	C	0.09%
	WY	D	0.09%
	ZBH	C	0.09%
	YUM	B	0.09%
	BIIB	F	0.09%
	PGR	A	0.09%
	SBAC	D	0.09%
	FE	C	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	COO	D	0.08%
	LUV	C	0.08%
	LH	C	0.08%
	BBY	D	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	CFG	B	0.08%
	K	A	0.08%
	ZM	B	0.08%
	HSY	F	0.08%
	NTRS	A	0.08%
	ILMN	D	0.08%
	EXE	B	0.08%
	APO	B	0.08%
	ES	D	0.08%
	OC	A	0.07%
	PNR	A	0.07%
	J	F	0.07%
	TRU	D	0.07%
	KEY	B	0.07%
	DGX	A	0.07%
	HOLX	D	0.07%
	TSN	B	0.07%
	ARE	D	0.07%
	MAA	B	0.07%
	OMC	C	0.07%
	BALL	D	0.07%
	ESS	B	0.07%
	HES	B	0.06%
	IRM	D	0.06%
	NDSN	B	0.06%
	UDR	B	0.06%
	DOC	D	0.06%
	AMCR	D	0.06%
	L	A	0.06%
	VTRS	A	0.06%
	SUI	D	0.06%
	FNF	B	0.06%
	MRO	B	0.06%
	GEN	B	0.06%
	BAX	D	0.06%
	KIM	A	0.06%
	Z	A	0.05%
	SOFI	A	0.05%
	FDS	B	0.05%
	MRNA	F	0.05%
	JNPR	F	0.05%
	NVT	B	0.05%
	HST	C	0.05%
	NTNX	A	0.05%
	WPC	D	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	BXP	D	0.05%
	CPT	B	0.05%
	COHR	B	0.05%
	AMH	D	0.05%
	CAG	D	0.05%
	GLPI	C	0.05%
	UNM	A	0.05%
	DLTR	F	0.05%
	ELS	C	0.05%
	TPR	B	0.05%
	AFRM	B	0.05%
	SWK	D	0.05%
	TWLO	A	0.05%
	REG	B	0.05%
	VLTO	D	0.05%
	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%
	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%
	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%
	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%
	WWD	B	0.04%
	IPG	D	0.04%
	WBS	A	0.04%
	CACI	D	0.04%
	PRI	A	0.04%
	BKNG	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%
	QCOM	F	0.04%
	CG	A	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	AMAT	F	0.04%
	SF	B	0.04%
	AIZ	A	0.04%
	BJ	A	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%
	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%
	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%
	MHK	D	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%
	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%
	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%
	RIVN	F	0.03%
	VOYA	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%
	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%
	AAL	B	0.03%
	MGM	D	0.03%
	SNX	C	0.03%
	HSIC	B	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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%
	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 65 Positions Relative to TPLC

	Symbol	Grade	Weight
	COR	B	-0.55%
	TRGP	B	-0.51%
	WM	A	-0.5%
	VRSK	A	-0.49%
	COST	B	-0.48%
	HEI	B	-0.46%
	MORN	B	-0.42%
	ISRG	A	-0.42%
	ROL	B	-0.42%
	EQH	B	-0.41%
	TXRH	C	-0.39%
	LYV	A	-0.39%
	IT	C	-0.38%
	CPAY	A	-0.37%
	LPLA	A	-0.36%
	TSCO	D	-0.34%
	AXON	A	-0.34%
	RYAN	B	-0.32%
	DVA	B	-0.32%
	OWL	A	-0.32%
	LII	A	-0.32%
	APP	B	-0.31%
	DOCU	A	-0.31%
	VEEV	C	-0.31%
	CMG	B	-0.3%
	CRBG	B	-0.3%
	TPL	A	-0.29%
	POOL	C	-0.29%
	ODFL	B	-0.29%
	IDXX	F	-0.29%
	CDNS	B	-0.29%
	DT	C	-0.27%
	NOW	A	-0.27%
	BSY	D	-0.27%
	NBIX	C	-0.27%
	DDOG	A	-0.26%
	SNPS	B	-0.26%
	BURL	A	-0.26%
	PODD	C	-0.26%
	DECK	A	-0.25%
	STX	D	-0.25%
	MANH	D	-0.25%
	TSLA	B	-0.24%
	NXPI	D	-0.23%
	FIX	A	-0.22%
	CPNG	D	-0.22%
	KNSL	B	-0.21%
	TTD	B	-0.21%
	ENTG	D	-0.2%
	CRWD	B	-0.2%
	PANW	C	-0.2%
	WING	D	-0.2%
	PLTR	B	-0.2%
	VRT	B	-0.19%
	VST	B	-0.19%
	ANET	C	-0.19%
	CHWY	B	-0.17%
	NVDA	C	-0.17%
	KLAC	D	-0.16%
	DXCM	D	-0.16%
	SRPT	D	-0.16%
	AVGO	D	-0.16%
	MPWR	F	-0.1%
	ENPH	F	-0.09%
	SMCI	F	-0.04%

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

TPLC: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Oil & Gas E&P Diagnostics & Research Semiconductors Specialty Chemicals Aerospace & Defense Biotechnology Software - Infrastructure Building Materials Engineering & Construction Information Technology Services Insurance - Property & Casualty Medical Instruments & Supplies Oil & Gas Midstream Residential Construction Scientific & Technical Instruments Specialty Retail

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Electronics Aerospace IBD 50 Chemical Semiconductor Mining Insurance Products Medicine Petroleum Industry Building Materials Gas Transmission Natural Gas Liquids Plastic Telecommunications