IWM vs. VTWO ETF Comparison

Comparison of iShares Russell 2000 ETF (IWM) to Vanguard Russell 2000 ETF (VTWO)

IWM

iShares Russell 2000 ETF

IWM Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities. 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 2000 Index (the "underlying index"), which measures the performance of the small-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$201.90

Average Daily Volume

32,700,522

Number of Holdings ^*

1932

* may have additional holdings in another (foreign) market

VTWO

Vanguard Russell 2000 ETF

VTWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 2000® Index. The index is designed to measure the performance of small-capitalization stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$81.61

Average Daily Volume

2,409,871

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

Performance

Period	IWM	VTWO
30 Days	-1.91%	-1.91%
60 Days	-1.60%	-1.59%
90 Days	4.12%	4.11%
12 Months	20.11%	20.29%

478 Overlapping Holdings

	Symbol	Grade	Weight in IWM	Weight in VTWO	Overlap
	AAON	C	0.25%	0.22%	0.22%
	ABCB	B	0.13%	0.12%	0.12%
	ABG	F	0.18%	0.18%	0.18%
	ABM	B	0.11%	0.1%	0.1%
	ABR	C	0.08%	0.09%	0.08%
	ACA	B	0.15%	0.15%	0.15%
	ACAD	F	0.08%	0.08%	0.08%
	ACIW	A	0.14%	0.13%	0.13%
	ACLS	D	0.13%	0.13%	0.13%
	ACLX	D	0.08%	0.1%	0.08%
	ACVA	D	0.09%	0.09%	0.09%
	ADNT	F	0.11%	0.11%	0.11%
	AEIS	D	0.14%	0.14%	0.14%
	AEL	A	0.18%	0.16%	0.16%
	AEO	C	0.17%	0.17%	0.17%
	AGM	A	0.07%	0.07%	0.07%
	AI	F	0.07%	0.08%	0.07%
	AIN	F	0.11%	0.11%	0.11%
	AIR	B	0.09%	0.07%	0.07%
	AIT	C	0.28%	0.28%	0.28%
	ALE	A	0.14%	0.13%	0.13%
	ALG	D	0.08%	0.08%	0.08%
	ALIT	C	0.15%	0.15%	0.15%
	ALKS	F	0.16%	0.16%	0.16%
	ALRM	D	0.13%	0.13%	0.13%
	ALTR	D	0.18%	0.17%	0.17%
	AMBA	F	0.07%	0.07%	0.07%
	AMKR	C	0.14%	0.13%	0.13%
	AMN	D	0.09%	0.09%	0.09%
	AMR	D	0.16%	0.14%	0.14%
	ANDE	B	0.07%	0.07%	0.07%
	ANF	C	0.23%	0.22%	0.22%
	APAM	D	0.1%	0.1%	0.1%
	APG	D	0.32%	0.3%	0.3%
	APLE	F	0.13%	0.13%	0.13%
	APPF	C	0.17%	0.17%	0.17%
	ARCB	F	0.13%	0.12%	0.12%
	ARCH	D	0.12%	0.11%	0.11%
	AROC	B	0.11%	0.1%	0.1%
	ARRY	D	0.07%	0.08%	0.07%
	ARVN	D	0.06%	0.08%	0.06%
	ARWR	F	0.1%	0.12%	0.1%
	ASB	A	0.13%	0.12%	0.12%
	ASGN	D	0.18%	0.18%	0.18%
	ASO	D	0.17%	0.18%	0.17%
	ASTH	D	0.06%	0.07%	0.06%
	ATGE	A	0.07%	0.07%	0.07%
	ATI	B	0.26%	0.24%	0.24%
	ATKR	B	0.27%	0.26%	0.26%
	AUB	C	0.11%	0.1%	0.1%
	AVA	B	0.12%	0.1%	0.1%
	AVAV	B	0.17%	0.15%	0.15%
	AVNT	A	0.16%	0.14%	0.14%
	AWR	C	0.1%	0.1%	0.1%
	AX	A	0.12%	0.11%	0.11%
	AXNX	C	0.13%	0.13%	0.13%
	AXSM	C	0.1%	0.1%	0.1%
	AZZ	C	0.07%	0.07%	0.07%
	B	C	0.07%	0.07%	0.07%
	BANC	C	0.08%	0.08%	0.08%
	BANF	B	0.08%	0.07%	0.07%
	BBIO	F	0.11%	0.13%	0.11%
	BCC	D	0.22%	0.22%	0.22%
	BCO	A	0.16%	0.15%	0.15%
	BCPC	C	0.18%	0.18%	0.18%
	BDC	C	0.14%	0.14%	0.14%
	BE	C	0.07%	0.08%	0.07%
	BEAM	F	0.06%	0.09%	0.06%
	BECN	B	0.25%	0.23%	0.23%
	BGC	B	0.12%	0.1%	0.1%
	BKH	B	0.15%	0.14%	0.14%
	BKU	B	0.08%	0.08%	0.08%
	BL	D	0.14%	0.13%	0.13%
	BLKB	B	0.14%	0.12%	0.12%
	BLMN	F	0.1%	0.09%	0.09%
	BMI	A	0.22%	0.17%	0.17%
	BNL	C	0.11%	0.11%	0.11%
	BOH	D	0.09%	0.09%	0.09%
	BOOT	B	0.13%	0.11%	0.11%
	BOX	F	0.15%	0.15%	0.15%
	BPMC	A	0.22%	0.21%	0.21%
	BRBR	C	0.3%	0.28%	0.28%
	BRZE	D	0.09%	0.09%	0.09%
	BTU	F	0.11%	0.1%	0.1%
	BXMT	F	0.12%	0.13%	0.12%
	CADE	B	0.19%	0.19%	0.19%
	CALM	D	0.1%	0.09%	0.09%
	CALX	F	0.07%	0.07%	0.07%
	CARG	C	0.09%	0.08%	0.08%
	CATY	D	0.09%	0.1%	0.09%
	CBT	A	0.2%	0.18%	0.18%
	CBU	C	0.09%	0.09%	0.09%
	CBZ	D	0.15%	0.14%	0.14%
	CCOI	F	0.11%	0.1%	0.1%
	CCS	D	0.09%	0.1%	0.09%
	CEIX	F	0.11%	0.09%	0.09%
	CENTA	C	0.07%	0.07%	0.07%
	CERE	A	0.12%	0.11%	0.11%
	CHRD	B	0.31%	0.27%	0.27%
	CHX	D	0.28%	0.26%	0.26%
	CIVI	B	0.24%	0.22%	0.22%
	CLDX	C	0.09%	0.1%	0.09%
	CLSK	C	0.15%	0.15%	0.15%
	CMC	C	0.25%	0.25%	0.25%
	CNK	D	0.08%	0.07%	0.07%
	CNMD	F	0.08%	0.09%	0.08%
	CNO	A	0.12%	0.11%	0.11%
	CNS	D	0.07%	0.07%	0.07%
	CNX	B	0.15%	0.14%	0.14%
	COKE	B	0.16%	0.15%	0.15%
	COOP	A	0.21%	0.18%	0.18%
	CORT	D	0.07%	0.07%	0.07%
	COUR	F	0.06%	0.07%	0.06%
	CPK	B	0.09%	0.09%	0.09%
	CRC	F	0.15%	0.14%	0.14%
	CRDO	F	0.09%	0.1%	0.09%
	CRNX	A	0.11%	0.11%	0.11%
	CRS	A	0.16%	0.13%	0.13%
	CRVL	C	0.08%	0.08%	0.08%
	CSTM	D	0.11%	0.1%	0.1%
	CSWI	A	0.15%	0.13%	0.13%
	CTRE	B	0.12%	0.11%	0.11%
	CVBF	D	0.09%	0.09%	0.09%
	CVCO	C	0.13%	0.12%	0.12%
	CVLT	A	0.17%	0.16%	0.16%
	CVNA	A	0.32%	0.33%	0.32%
	CWST	D	0.21%	0.2%	0.2%
	CWT	B	0.11%	0.1%	0.1%
	CYTK	D	0.25%	0.24%	0.24%
	DBRG	F	0.11%	0.11%	0.11%
	DEI	B	0.05%	0.08%	0.05%
	DIOD	C	0.13%	0.12%	0.12%
	DK	F	0.08%	0.07%	0.07%
	DNLI	F	0.07%	0.09%	0.07%
	DOCN	D	0.08%	0.09%	0.08%
	DOOR	A	0.12%	0.11%	0.11%
	DORM	C	0.09%	0.09%	0.09%
	DRH	D	0.08%	0.07%	0.07%
	DUOL	A	0.26%	0.24%	0.24%
	DY	A	0.16%	0.15%	0.15%
	EAT	A	0.09%	0.08%	0.08%
	EBC	C	0.08%	0.08%	0.08%
	ELF	D	0.38%	0.39%	0.38%
	ENR	C	0.08%	0.08%	0.08%
	ENS	D	0.15%	0.14%	0.14%
	ENSG	D	0.26%	0.25%	0.25%
	ENV	B	0.12%	0.11%	0.11%
	EPAC	A	0.08%	0.07%	0.07%
	EPC	B	0.08%	0.07%	0.07%
	EPRT	A	0.16%	0.15%	0.15%
	EQC	D	0.08%	0.07%	0.07%
	ESE	B	0.11%	0.1%	0.1%
	ESGR	B	0.14%	0.14%	0.14%
	ESNT	D	0.23%	0.23%	0.23%
	ETRN	A	0.24%	0.2%	0.2%
	EVH	F	0.13%	0.13%	0.13%
	EVTC	F	0.1%	0.1%	0.1%
	EXLS	D	0.19%	0.19%	0.19%
	EXPO	B	0.16%	0.15%	0.15%
	FBP	A	0.11%	0.11%	0.11%
	FCPT	C	0.09%	0.08%	0.08%
	FELE	D	0.19%	0.18%	0.18%
	FFBC	A	0.08%	0.08%	0.08%
	FFIN	C	0.16%	0.16%	0.16%
	FIBK	B	0.09%	0.08%	0.08%
	FIX	C	0.44%	0.41%	0.41%
	FL	F	0.07%	0.09%	0.07%
	FLR	C	0.23%	0.22%	0.22%
	FLYW	F	0.09%	0.1%	0.09%
	FN	D	0.26%	0.25%	0.25%
	FOLD	F	0.12%	0.12%	0.12%
	FORM	A	0.14%	0.13%	0.13%
	FOXF	F	0.07%	0.08%	0.07%
	FRME	B	0.09%	0.08%	0.08%
	FRSH	F	0.12%	0.11%	0.11%
	FSS	C	0.2%	0.19%	0.19%
	FTDR	B	0.1%	0.1%	0.1%
	FUL	C	0.16%	0.16%	0.16%
	FULT	A	0.09%	0.09%	0.09%
	GATX	C	0.18%	0.17%	0.17%
	GBCI	C	0.17%	0.16%	0.16%
	GFF	C	0.11%	0.11%	0.11%
	GH	D	0.08%	0.09%	0.08%
	GHC	B	0.1%	0.1%	0.1%
	GKOS	A	0.19%	0.16%	0.16%
	GLNG	B	0.1%	0.09%	0.09%
	GMS	C	0.15%	0.14%	0.14%
	GNW	C	0.1%	0.11%	0.1%
	GOLF	D	0.07%	0.07%	0.07%
	GPI	A	0.17%	0.15%	0.15%
	GT	D	0.13%	0.14%	0.13%
	GTLS	C	0.26%	0.26%	0.26%
	GVA	A	0.1%	0.09%	0.09%
	HAE	A	0.18%	0.16%	0.16%
	HALO	D	0.2%	0.19%	0.19%
	HASI	C	0.11%	0.11%	0.11%
	HBI	F	0.06%	0.07%	0.06%
	HCC	B	0.14%	0.11%	0.11%
	HEES	F	0.08%	0.08%	0.08%
	HELE	D	0.09%	0.1%	0.09%
	HGV	D	0.14%	0.14%	0.14%
	HI	F	0.14%	0.13%	0.13%
	HIMS	D	0.06%	0.07%	0.06%
	HL	B	0.12%	0.11%	0.11%
	HLNE	A	0.17%	0.15%	0.15%
	HNI	B	0.08%	0.08%	0.08%
	HOMB	A	0.19%	0.17%	0.17%
	HP	F	0.16%	0.15%	0.15%
	HQY	D	0.27%	0.25%	0.25%
	HRI	D	0.18%	0.17%	0.17%
	HUBG	C	0.1%	0.1%	0.1%
	HURN	F	0.07%	0.07%	0.07%
	HWC	A	0.17%	0.15%	0.15%
	IBOC	A	0.12%	0.11%	0.11%
	IBP	C	0.23%	0.22%	0.22%
	ICFI	C	0.11%	0.1%	0.1%
	IDCC	C	0.1%	0.1%	0.1%
	IDYA	D	0.1%	0.11%	0.1%
	IGT	F	0.09%	0.09%	0.09%
	IIPR	A	0.11%	0.11%	0.11%
	INDB	C	0.08%	0.08%	0.08%
	INSM	D	0.14%	0.14%	0.14%
	INSW	A	0.09%	0.08%	0.08%
	IOSP	C	0.12%	0.12%	0.12%
	IOVA	D	0.11%	0.13%	0.11%
	IPAR	F	0.09%	0.09%	0.09%
	IRT	B	0.14%	0.13%	0.13%
	IRTC	C	0.14%	0.13%	0.13%
	ITCI	C	0.29%	0.24%	0.24%
	ITGR	D	0.15%	0.14%	0.14%
	ITRI	A	0.17%	0.15%	0.15%
	JBLU	D	0.08%	0.09%	0.08%
	JBT	F	0.11%	0.12%	0.11%
	JELD	B	0.07%	0.07%	0.07%
	JJSF	F	0.08%	0.08%	0.08%
	JOE	B	0.08%	0.07%	0.07%
	JXN	A	0.2%	0.19%	0.19%
	KAI	D	0.13%	0.14%	0.13%
	KAR	A	0.08%	0.07%	0.07%
	KBH	B	0.18%	0.18%	0.18%
	KFY	D	0.13%	0.13%	0.13%
	KLIC	D	0.1%	0.1%	0.1%
	KMT	D	0.08%	0.07%	0.07%
	KNF	B	0.18%	0.17%	0.17%
	KOS	D	0.11%	0.1%	0.1%
	KRG	C	0.19%	0.17%	0.17%
	KRYS	D	0.14%	0.14%	0.14%
	KTB	B	0.14%	0.12%	0.12%
	KTOS	B	0.1%	0.1%	0.1%
	KWR	D	0.1%	0.1%	0.1%
	LANC	D	0.15%	0.15%	0.15%
	LAUR	A	0.08%	0.07%	0.07%
	LBRT	B	0.15%	0.12%	0.12%
	LCII	F	0.11%	0.11%	0.11%
	LGIH	D	0.08%	0.09%	0.08%
	LIVN	A	0.12%	0.11%	0.11%
	LNTH	B	0.18%	0.15%	0.15%
	LNW	D	0.34%	0.34%	0.34%
	LRN	A	0.11%	0.1%	0.1%
	LXP	D	0.1%	0.1%	0.1%
	MAC	D	0.13%	0.14%	0.13%
	MARA	D	0.17%	0.18%	0.17%
	MATX	B	0.15%	0.14%	0.14%
	MC	D	0.12%	0.14%	0.12%
	MDGL	D	0.12%	0.14%	0.12%
	MGEE	A	0.12%	0.1%	0.1%
	MGRC	D	0.11%	0.11%	0.11%
	MGY	B	0.19%	0.17%	0.17%
	MHO	D	0.13%	0.13%	0.13%
	MIR	C	0.09%	0.08%	0.08%
	MLI	B	0.26%	0.22%	0.22%
	MLKN	D	0.08%	0.07%	0.07%
	MMS	C	0.2%	0.19%	0.19%
	MMSI	B	0.17%	0.16%	0.16%
	MOD	B	0.19%	0.18%	0.18%
	MODG	B	0.09%	0.09%	0.09%
	MOG.A	A	0.18%	0.17%	0.17%
	MQ	D	0.1%	0.1%	0.1%
	MSTR	D	0.74%	0.92%	0.74%
	MTDR	D	0.3%	0.28%	0.28%
	MTH	A	0.24%	0.23%	0.23%
	MTRN	F	0.1%	0.1%	0.1%
	MTSI	A	0.23%	0.19%	0.19%
	MTX	A	0.09%	0.09%	0.09%
	MUR	C	0.27%	0.24%	0.24%
	MWA	A	0.1%	0.09%	0.09%
	MYGN	D	0.06%	0.07%	0.06%
	MYRG	F	0.11%	0.11%	0.11%
	NARI	F	0.08%	0.09%	0.08%
	NEO	D	0.07%	0.07%	0.07%
	NEOG	F	0.1%	0.13%	0.1%
	NHI	A	0.11%	0.1%	0.1%
	NJR	B	0.17%	0.15%	0.15%
	NMIH	A	0.1%	0.09%	0.09%
	NOG	B	0.15%	0.13%	0.13%
	NOVT	D	0.23%	0.23%	0.23%
	NPO	D	0.13%	0.13%	0.13%
	NSIT	A	0.21%	0.19%	0.19%
	NSP	D	0.16%	0.14%	0.14%
	NTLA	F	0.07%	0.09%	0.07%
	NUVL	D	0.07%	0.07%	0.07%
	NWE	B	0.13%	0.11%	0.11%
	OGS	B	0.14%	0.13%	0.13%
	OI	F	0.09%	0.09%	0.09%
	OII	B	0.1%	0.09%	0.09%
	OMI	F	0.07%	0.08%	0.07%
	ONB	A	0.21%	0.19%	0.19%
	ONTO	A	0.36%	0.32%	0.32%
	OPCH	F	0.2%	0.21%	0.2%
	ORA	C	0.14%	0.13%	0.13%
	OSCR	A	0.12%	0.09%	0.09%
	OSIS	C	0.09%	0.08%	0.08%
	OTTR	B	0.14%	0.13%	0.13%
	OUT	D	0.09%	0.09%	0.09%
	PAGS	D	0.09%	0.1%	0.09%
	PARR	F	0.07%	0.07%	0.07%
	PATK	D	0.09%	0.09%	0.09%
	PBF	C	0.25%	0.23%	0.23%
	PBH	D	0.14%	0.13%	0.13%
	PCH	D	0.13%	0.14%	0.13%
	PCVX	D	0.26%	0.26%	0.26%
	PDCO	F	0.09%	0.08%	0.08%
	PDFS	D	0.04%	0.07%	0.04%
	PEB	F	0.07%	0.07%	0.07%
	PECO	D	0.16%	0.16%	0.16%
	PFSI	A	0.09%	0.08%	0.08%
	PGNY	F	0.1%	0.11%	0.1%
	PI	A	0.15%	0.11%	0.11%
	PIPR	A	0.14%	0.13%	0.13%
	PJT	C	0.09%	0.08%	0.08%
	PLAY	D	0.07%	0.08%	0.07%
	PLMR	B	0.08%	0.07%	0.07%
	PLUS	C	0.08%	0.08%	0.08%
	PLXS	B	0.11%	0.1%	0.1%
	PNM	C	0.12%	0.12%	0.12%
	POR	B	0.18%	0.16%	0.16%
	POWI	D	0.15%	0.15%	0.15%
	PPBI	D	0.08%	0.08%	0.08%
	PR	B	0.32%	0.29%	0.29%
	PRCT	A	0.09%	0.07%	0.07%
	PRFT	F	0.06%	0.07%	0.06%
	PRGS	F	0.09%	0.09%	0.09%
	PRIM	A	0.1%	0.08%	0.08%
	PRK	A	0.08%	0.07%	0.07%
	PRMW	A	0.12%	0.1%	0.1%
	PRVA	F	0.08%	0.08%	0.08%
	PSMT	A	0.08%	0.08%	0.08%
	PSN	D	0.13%	0.12%	0.12%
	PTCT	B	0.07%	0.08%	0.07%
	PTEN	F	0.16%	0.15%	0.15%
	PZZA	F	0.08%	0.08%	0.08%
	QLYS	D	0.25%	0.23%	0.23%
	QTWO	A	0.12%	0.11%	0.11%
	RAMP	D	0.08%	0.08%	0.08%
	RDN	C	0.17%	0.19%	0.17%
	RDNT	A	0.12%	0.11%	0.11%
	REZI	D	0.12%	0.12%	0.12%
	RHP	D	0.25%	0.25%	0.25%
	RIOT	F	0.1%	0.09%	0.09%
	RLJ	D	0.07%	0.07%	0.07%
	RMBS	F	0.25%	0.24%	0.24%
	RNA	A	0.07%	0.07%	0.07%
	ROAD	D	0.09%	0.09%	0.09%
	ROCK	D	0.09%	0.09%	0.09%
	ROG	C	0.08%	0.08%	0.08%
	RPD	F	0.11%	0.11%	0.11%
	RRR	D	0.11%	0.1%	0.1%
	RUSHA	D	0.11%	0.12%	0.11%
	RVMD	A	0.2%	0.16%	0.16%
	RXO	D	0.09%	0.09%	0.09%
	RYTM	C	0.08%	0.08%	0.08%
	SANM	B	0.14%	0.13%	0.13%
	SBCF	C	0.08%	0.08%	0.08%
	SBRA	B	0.13%	0.12%	0.12%
	SCL	D	0.07%	0.07%	0.07%
	SEM	B	0.11%	0.11%	0.11%
	SFBS	C	0.13%	0.12%	0.12%
	SFM	A	0.27%	0.24%	0.24%
	SFNC	D	0.09%	0.09%	0.09%
	SGRY	F	0.08%	0.08%	0.08%
	SHAK	A	0.15%	0.14%	0.14%
	SHLS	F	0.06%	0.07%	0.06%
	SHO	D	0.09%	0.08%	0.08%
	SHOO	D	0.12%	0.11%	0.11%
	SIG	C	0.17%	0.16%	0.16%
	SIGI	F	0.25%	0.24%	0.24%
	SITC	C	0.11%	0.1%	0.1%
	SIX	D	0.07%	0.07%	0.07%
	SJW	D	0.07%	0.07%	0.07%
	SKT	D	0.12%	0.11%	0.11%
	SKY	D	0.16%	0.17%	0.16%
	SKYW	A	0.12%	0.1%	0.1%
	SLAB	D	0.15%	0.17%	0.15%
	SLG	B	0.14%	0.13%	0.13%
	SLVM	A	0.09%	0.08%	0.08%
	SM	B	0.24%	0.21%	0.21%
	SMCI	D	1.61%	1.88%	1.61%
	SMPL	B	0.13%	0.11%	0.11%
	SNDX	D	0.06%	0.07%	0.06%
	SNEX	A	0.08%	0.07%	0.07%
	SONO	D	0.09%	0.09%	0.09%
	SPSC	C	0.25%	0.25%	0.25%
	SPT	F	0.1%	0.11%	0.1%
	SQSP	B	0.08%	0.08%	0.08%
	SR	B	0.13%	0.12%	0.12%
	SSB	D	0.25%	0.24%	0.24%
	SSD	D	0.3%	0.32%	0.3%
	STAA	B	0.09%	0.07%	0.07%
	STEP	A	0.08%	0.07%	0.07%
	STNE	C	0.18%	0.18%	0.18%
	STNG	A	0.14%	0.12%	0.12%
	STRA	A	0.11%	0.09%	0.09%
	STRL	D	0.12%	0.12%	0.12%
	SUM	D	0.19%	0.19%	0.19%
	SWTX	D	0.12%	0.12%	0.12%
	SWX	A	0.19%	0.17%	0.17%
	SXI	C	0.08%	0.08%	0.08%
	SXT	A	0.12%	0.11%	0.11%
	SYNA	D	0.14%	0.14%	0.14%
	TALO	D	0.08%	0.07%	0.07%
	TCBI	B	0.11%	0.11%	0.11%
	TDW	A	0.18%	0.16%	0.16%
	TENB	F	0.21%	0.21%	0.21%
	TEX	D	0.16%	0.16%	0.16%
	TGNA	D	0.11%	0.11%	0.11%
	TGTX	C	0.08%	0.08%	0.08%
	THRM	D	0.07%	0.07%	0.07%
	THS	D	0.07%	0.07%	0.07%
	TMDX	A	0.11%	0.09%	0.09%
	TMHC	C	0.24%	0.24%	0.24%
	TNC	D	0.09%	0.08%	0.08%
	TNET	F	0.16%	0.15%	0.15%
	TOWN	B	0.08%	0.07%	0.07%
	TPH	A	0.14%	0.14%	0.14%
	TRN	A	0.09%	0.08%	0.08%
	TRNO	D	0.2%	0.21%	0.2%
	TROX	A	0.08%	0.07%	0.07%
	TWST	B	0.07%	0.07%	0.07%
	UBSI	D	0.18%	0.17%	0.17%
	UCBI	B	0.12%	0.11%	0.11%
	UCTT	D	0.07%	0.07%	0.07%
	UE	B	0.08%	0.07%	0.07%
	UEC	B	0.1%	0.09%	0.09%
	UFPI	C	0.27%	0.27%	0.27%
	UFPT	A	0.06%	0.07%	0.06%
	UMBF	B	0.15%	0.14%	0.14%
	UNF	F	0.1%	0.1%	0.1%
	UPST	F	0.07%	0.07%	0.07%
	URBN	D	0.1%	0.1%	0.1%
	VAL	D	0.16%	0.16%	0.16%
	VC	D	0.12%	0.12%	0.12%
	VCEL	C	0.09%	0.09%	0.09%
	VECO	B	0.07%	0.07%	0.07%
	VIAV	F	0.07%	0.07%	0.07%
	VKTX	C	0.28%	0.31%	0.28%
	VLY	D	0.14%	0.13%	0.13%
	VRNS	D	0.2%	0.19%	0.19%
	VRNT	C	0.07%	0.07%	0.07%
	VRRM	A	0.13%	0.12%	0.12%
	VSH	C	0.11%	0.11%	0.11%
	VSTO	A	0.08%	0.07%	0.07%
	WAFD	B	0.08%	0.07%	0.07%
	WD	C	0.12%	0.12%	0.12%
	WDFC	D	0.12%	0.13%	0.12%
	WERN	D	0.09%	0.09%	0.09%
	WFRD	B	0.36%	0.3%	0.3%
	WGO	F	0.07%	0.08%	0.07%
	WHD	B	0.14%	0.12%	0.12%
	WIRE	A	0.17%	0.14%	0.14%
	WK	D	0.16%	0.15%	0.15%
	WOR	D	0.07%	0.07%	0.07%
	WSFS	A	0.11%	0.1%	0.1%
	WTS	C	0.22%	0.21%	0.21%
	XPRO	B	0.07%	0.07%	0.07%
	XRX	F	0.07%	0.08%	0.07%
	YELP	C	0.11%	0.1%	0.1%
	ZD	D	0.09%	0.11%	0.09%
	ZWS	D	0.19%	0.18%	0.18%

IWM Overweight 1454 Positions Relative to VTWO

	Symbol	Grade	Weight
	FTAI	A	0.29%
	NXT	D	0.22%
	NE	F	0.21%
	SPXC	A	0.21%
	FCFS	D	0.17%
	ALTM	D	0.16%
	BIPC	D	0.15%
	BHVN	D	0.11%
	RELY	F	0.1%
	ALPN	A	0.1%
	CDP	A	0.1%
	ATMU	C	0.1%
	MBC	D	0.09%
	SMTC	A	0.09%
	SG	B	0.09%
	SDRL	B	0.09%
	HLMN	C	0.08%
	PRKS	D	0.08%
	APGE	D	0.08%
	STR	F	0.08%
	SATS	B	0.08%
	RNST	C	0.07%
	HLX	B	0.07%
	CPRX	D	0.07%
	GBX	B	0.07%
	VRTS	D	0.07%
	LZ	D	0.07%
	ODP	C	0.07%
	CAKE	D	0.07%
	WSBC	D	0.07%
	AGYS	C	0.07%
	OFG	A	0.07%
	PLAB	C	0.07%
	BATRK	C	0.07%
	UPBD	F	0.07%
	CXW	C	0.07%
	GOGL	A	0.07%
	IVT	B	0.07%
	NTB	A	0.07%
	CDE	B	0.07%
	NGVT	B	0.07%
	AGIO	A	0.07%
	ZETA	A	0.07%
	TBBK	F	0.07%
	GPOR	C	0.07%
	TRMK	A	0.07%
	GEO	B	0.07%
	AKR	B	0.07%
	PD	F	0.07%
	AVDX	D	0.07%
	ENVA	B	0.07%
	GERN	B	0.07%
	CWK	C	0.06%
	NTCT	F	0.06%
	CASH	B	0.06%
	WLY	B	0.06%
	ACMR	D	0.06%
	FCF	B	0.06%
	HMN	A	0.06%
	APOG	A	0.06%
	TNK	B	0.06%
	RCKT	D	0.06%
	EYE	D	0.06%
	KROS	D	0.06%
	UPWK	D	0.06%
	VCTR	A	0.06%
	DYN	D	0.06%
	CTS	A	0.06%
	PTGX	D	0.06%
	KN	B	0.06%
	FBK	B	0.06%
	VCYT	D	0.06%
	IBTX	D	0.06%
	KALU	A	0.06%
	LPG	B	0.06%
	RC	C	0.06%
	JOBY	D	0.06%
	NWN	B	0.06%
	KNTK	B	0.06%
	EXTR	F	0.06%
	COHU	F	0.06%
	ADUS	C	0.06%
	LZB	F	0.06%
	GRBK	C	0.06%
	CODI	D	0.06%
	YOU	F	0.06%
	HWKN	A	0.06%
	NSSC	B	0.06%
	EVBG	B	0.06%
	SUPN	D	0.06%
	DVAX	D	0.06%
	CSGS	F	0.06%
	JBGS	F	0.06%
	ARDX	C	0.06%
	DRS	D	0.06%
	MCY	A	0.06%
	AMWD	D	0.06%
	SITM	D	0.06%
	CUBI	D	0.06%
	HLIO	B	0.06%
	RXST	A	0.06%
	HTH	C	0.06%
	EFSC	C	0.06%
	USPH	C	0.06%
	TTMI	A	0.06%
	SFL	A	0.06%
	XHR	B	0.06%
	APPN	F	0.06%
	VGR	F	0.06%
	IMVT	F	0.06%
	BANR	B	0.06%
	FSLY	F	0.06%
	DDS	B	0.06%
	ROIC	D	0.06%
	CHCO	B	0.06%
	PRO	F	0.06%
	AMPH	F	0.06%
	TDS	D	0.06%
	WKC	D	0.06%
	DFIN	A	0.06%
	GEF	D	0.06%
	ARI	F	0.06%
	PRG	B	0.06%
	DHT	A	0.06%
	DNOW	D	0.06%
	VERA	C	0.06%
	LKFN	D	0.06%
	STC	A	0.06%
	MXL	D	0.06%
	HTLF	A	0.06%
	TFIN	D	0.06%
	CMPR	D	0.06%
	OXM	A	0.06%
	NBTB	B	0.06%
	BRP	D	0.06%
	DAN	C	0.06%
	IRWD	F	0.05%
	NHC	D	0.05%
	CARS	D	0.05%
	NWLI	A	0.05%
	DNUT	F	0.05%
	MODN	B	0.05%
	DEA	C	0.05%
	PAR	C	0.05%
	GSHD	F	0.05%
	CMCO	C	0.05%
	ATEC	D	0.05%
	SAFT	C	0.05%
	CHEF	B	0.05%
	VRE	C	0.05%
	NBHC	C	0.05%
	JACK	F	0.05%
	AIV	B	0.05%
	SBH	F	0.05%
	MEG	A	0.05%
	AKRO	F	0.05%
	PCRX	F	0.05%
	NTST	C	0.05%
	STBA	B	0.05%
	INBX	D	0.05%
	COLL	C	0.05%
	STEL	D	0.05%
	LOB	F	0.05%
	AVPT	B	0.05%
	LGND	D	0.05%
	OPEN	F	0.05%
	GIII	D	0.05%
	MGNI	D	0.05%
	ALEX	C	0.05%
	PFS	B	0.05%
	BORR	F	0.05%
	KFRC	D	0.05%
	ESRT	D	0.05%
	PAYO	C	0.05%
	WT	A	0.05%
	FIHL	B	0.05%
	MTTR	B	0.05%
	XPEL	F	0.05%
	ASAN	F	0.05%
	JBI	D	0.05%
	LUMN	F	0.05%
	OMCL	C	0.05%
	WABC	B	0.05%
	PRDO	A	0.05%
	NNI	A	0.05%
	PMT	A	0.05%
	LMAT	A	0.05%
	UVV	B	0.05%
	CAL	D	0.05%
	INTA	F	0.05%
	FBNC	F	0.05%
	CXM	D	0.05%
	MGPI	D	0.05%
	SDGR	F	0.05%
	BUSE	B	0.05%
	LADR	A	0.05%
	BKD	A	0.05%
	NVEE	D	0.05%
	VTLE	C	0.05%
	LNN	C	0.05%
	SYBT	B	0.05%
	TWO	A	0.05%
	OEC	B	0.05%
	GTY	C	0.05%
	HOPE	D	0.05%
	DO	D	0.05%
	INMD	F	0.05%
	NMRK	D	0.05%
	LTC	A	0.05%
	UTZ	A	0.05%
	ZUO	B	0.05%
	CNNE	D	0.05%
	UNIT	F	0.05%
	IONQ	F	0.05%
	KURA	D	0.05%
	ELME	B	0.05%
	CBRL	F	0.05%
	GNL	D	0.05%
	NWBI	C	0.05%
	POWL	B	0.05%
	JAMF	B	0.05%
	KYMR	D	0.05%
	ADMA	A	0.05%
	NAVI	D	0.05%
	MGNX	D	0.04%
	HLF	C	0.04%
	UUUU	F	0.04%
	SXC	D	0.04%
	DOLE	B	0.04%
	DFH	D	0.04%
	LC	B	0.04%
	RYI	F	0.04%
	TILE	C	0.04%
	REX	B	0.04%
	FA	A	0.04%
	FDP	D	0.04%
	SRCE	B	0.04%
	CWH	F	0.04%
	UDMY	F	0.04%
	QNST	A	0.04%
	DLX	A	0.04%
	TRNS	A	0.04%
	COCO	B	0.04%
	JBSS	F	0.04%
	LMND	B	0.04%
	ARR	C	0.04%
	PLYM	F	0.04%
	ECVT	F	0.04%
	GNK	A	0.04%
	MTUS	F	0.04%
	AHCO	C	0.04%
	EWTX	B	0.04%
	SABR	D	0.04%
	ALGT	F	0.04%
	SAFE	D	0.04%
	COMP	D	0.04%
	PRAA	C	0.04%
	OCFC	C	0.04%
	SCHL	D	0.04%
	HRMY	C	0.04%
	MCRI	C	0.04%
	AMSF	F	0.04%
	TRUP	F	0.04%
	TARS	C	0.04%
	CENX	B	0.04%
	OBK	B	0.04%
	BLBD	C	0.04%
	CIM	D	0.04%
	ACT	A	0.04%
	CRK	C	0.04%
	UMH	C	0.04%
	WS	C	0.04%
	GSAT	F	0.04%
	SGH	F	0.04%
	FDMT	D	0.04%
	PUBM	A	0.04%
	SPNS	B	0.04%
	ANIP	C	0.04%
	MATV	A	0.04%
	BYON	F	0.04%
	ATEN	A	0.04%
	ASTE	F	0.04%
	BXC	D	0.04%
	MRTN	D	0.04%
	GABC	D	0.04%
	FLNC	B	0.04%
	MRC	D	0.04%
	ECPG	D	0.04%
	PWSC	F	0.04%
	SLCA	A	0.04%
	ALKT	A	0.04%
	CSR	A	0.04%
	INFN	C	0.04%
	GPRE	F	0.04%
	VBTX	B	0.04%
	QCRH	C	0.04%
	SP	B	0.04%
	BFH	A	0.04%
	HIBB	A	0.04%
	CRAI	B	0.04%
	ARLO	A	0.04%
	HLIT	F	0.04%
	VSEC	A	0.04%
	LILAK	B	0.04%
	AUR	B	0.04%
	KW	C	0.04%
	SASR	D	0.04%
	RKLB	F	0.04%
	FBRT	B	0.04%
	SVC	F	0.04%
	FIZZ	D	0.04%
	IMKTA	F	0.04%
	OSW	A	0.04%
	WINA	C	0.04%
	IESC	B	0.04%
	SSTK	F	0.04%
	THR	A	0.04%
	PRM	B	0.04%
	ATRC	F	0.04%
	AAT	B	0.04%
	WMK	D	0.04%
	TRS	B	0.04%
	EIG	D	0.04%
	MORF	F	0.04%
	BMBL	F	0.04%
	SCSC	C	0.04%
	MSGE	A	0.04%
	ADEA	F	0.04%
	CVI	F	0.04%
	KOP	F	0.04%
	MNKD	D	0.04%
	BHE	A	0.04%
	PHR	F	0.04%
	DGII	F	0.04%
	RXRX	F	0.04%
	MFA	B	0.04%
	NIC	C	0.04%
	ICHR	D	0.04%
	WRBY	D	0.04%
	PEBO	B	0.04%
	BKE	D	0.04%
	WNC	F	0.04%
	XNCR	C	0.04%
	TCBK	B	0.04%
	SKWD	B	0.04%
	SCS	D	0.04%
	LGF.A	B	0.04%
	NX	D	0.04%
	NUS	F	0.03%
	IE	C	0.03%
	LQDA	D	0.03%
	VRDN	F	0.03%
	SCVL	B	0.03%
	CFFN	D	0.03%
	BELFB	B	0.03%
	RES	F	0.03%
	IAS	F	0.03%
	ACCD	F	0.03%
	TMP	D	0.03%
	KRUS	B	0.03%
	NVRI	F	0.03%
	NYMT	F	0.03%
	ZNTL	F	0.03%
	LTH	F	0.03%
	CDRE	D	0.03%
	INN	D	0.03%
	VIR	C	0.03%
	PRA	C	0.03%
	OSBC	B	0.03%
	DRQ	F	0.03%
	LFST	D	0.03%
	VREX	F	0.03%
	MBIN	C	0.03%
	PWP	B	0.03%
	CLW	B	0.03%
	AMBC	D	0.03%
	SMP	C	0.03%
	ETD	F	0.03%
	ETNB	F	0.03%
	AUPH	F	0.03%
	PFBC	A	0.03%
	ATSG	C	0.03%
	RGNX	F	0.03%
	UVSP	A	0.03%
	HY	D	0.03%
	LGF.A	B	0.03%
	ZEUS	F	0.03%
	EGY	B	0.03%
	DX	C	0.03%
	IMXI	D	0.03%
	DXPE	B	0.03%
	DCOM	C	0.03%
	AMPL	D	0.03%
	AMRC	C	0.03%
	SHEN	F	0.03%
	SPTN	D	0.03%
	CTKB	F	0.03%
	SILK	B	0.03%
	GDEN	F	0.03%
	EVRI	F	0.03%
	PLRX	F	0.03%
	ARQT	D	0.03%
	MBUU	F	0.03%
	IBRX	B	0.03%
	CYRX	D	0.03%
	ASC	A	0.03%
	REVG	A	0.03%
	BRY	B	0.03%
	ASIX	F	0.03%
	CHCT	F	0.03%
	GRC	F	0.03%
	ETWO	B	0.03%
	NBR	F	0.03%
	TTGT	D	0.03%
	AHH	C	0.03%
	VVI	D	0.03%
	CNOB	C	0.03%
	ZIP	F	0.03%
	HOV	B	0.03%
	LESL	F	0.03%
	THRY	C	0.03%
	EXPI	D	0.03%
	SAGE	F	0.03%
	SLP	B	0.03%
	BRKL	D	0.03%
	MDXG	D	0.03%
	AMRX	A	0.03%
	RILY	C	0.03%
	DIN	F	0.03%
	NG	C	0.03%
	CTBI	A	0.03%
	EU	A	0.03%
	DCO	A	0.03%
	GES	B	0.03%
	FIP	B	0.03%
	FG	B	0.03%
	SBOW	D	0.03%
	VICR	F	0.03%
	HAYN	C	0.03%
	AMRK	A	0.03%
	CECO	C	0.03%
	BFC	D	0.03%
	AGX	B	0.03%
	MD	D	0.03%
	PFC	B	0.03%
	WTTR	B	0.03%
	BJRI	C	0.03%
	DCPH	A	0.03%
	NXRT	B	0.03%
	RWT	D	0.03%
	CNXN	D	0.03%
	BSIG	C	0.03%
	AMK	D	0.03%
	FMBH	B	0.03%
	FLNG	C	0.03%
	KELYA	C	0.03%
	PAX	F	0.03%
	MMI	D	0.03%
	SWBI	A	0.03%
	UTL	B	0.03%
	RVLV	D	0.03%
	BDN	B	0.03%
	CMTG	D	0.03%
	HPP	F	0.03%
	CHGG	F	0.03%
	IMAX	C	0.03%
	ERII	F	0.03%
	NAT	D	0.03%
	RCUS	F	0.03%
	AORT	A	0.03%
	BCRX	F	0.03%
	RGR	C	0.03%
	BZH	D	0.03%
	SRRK	C	0.03%
	FBMS	D	0.03%
	ASPN	A	0.03%
	CLB	D	0.03%
	BBSI	A	0.03%
	JANX	A	0.03%
	WWW	B	0.03%
	SANA	C	0.03%
	MYE	A	0.03%
	PRLB	F	0.03%
	ENVX	D	0.03%
	SBSI	D	0.03%
	HCSG	F	0.03%
	BLX	A	0.03%
	VITL	A	0.03%
	DAWN	A	0.03%
	INDI	F	0.03%
	AVNS	D	0.03%
	VZIO	D	0.03%
	MATW	D	0.03%
	CRGY	F	0.03%
	MNRO	F	0.03%
	RPAY	B	0.03%
	SAH	B	0.03%
	PUMP	B	0.03%
	CGON	F	0.03%
	BASE	D	0.03%
	MSEX	D	0.03%
	LBAI	B	0.03%
	AXL	C	0.03%
	PGRE	B	0.03%
	NABL	D	0.03%
	PDM	B	0.03%
	BRSP	F	0.03%
	BGS	B	0.03%
	TGI	D	0.03%
	PRTA	F	0.03%
	EFC	C	0.03%
	HCI	B	0.03%
	SPNT	C	0.03%
	INVA	B	0.03%
	BHLB	B	0.03%
	SAVA	B	0.03%
	CTO	B	0.02%
	AVNW	F	0.02%
	ANIK	A	0.02%
	CLFD	B	0.02%
	BOC	F	0.02%
	OSUR	D	0.02%
	SEMR	B	0.02%
	GCI	B	0.02%
	WEAV	F	0.02%
	BYND	D	0.02%
	SHYF	C	0.02%
	NUVB	B	0.02%
	FCEL	F	0.02%
	OLP	A	0.02%
	URGN	F	0.02%
	RSI	B	0.02%
	LYEL	C	0.02%
	ALT	D	0.02%
	GCMG	A	0.02%
	ELVN	B	0.02%
	CCBG	D	0.02%
	SAVE	F	0.02%
	GDOT	C	0.02%
	TIPT	D	0.02%
	EWCZ	F	0.02%
	WULF	C	0.02%
	FRPH	A	0.02%
	RUSHB	F	0.02%
	CLNE	F	0.02%
	TVTX	F	0.02%
	LMB	C	0.02%
	CRGX	F	0.02%
	GRND	B	0.02%
	FUBO	F	0.02%
	TREE	A	0.02%
	CRNC	F	0.02%
	NOVA	F	0.02%
	LQDT	D	0.02%
	CDNA	C	0.02%
	ALRS	D	0.02%
	DBI	D	0.02%
	CENT	D	0.02%
	SIGA	A	0.02%
	FNA	D	0.02%
	ADV	B	0.02%
	BIGC	F	0.02%
	ZIMV	D	0.02%
	EB	F	0.02%
	MOV	D	0.02%
	VPG	D	0.02%
	SGHC	C	0.02%
	SRI	F	0.02%
	SVRA	D	0.02%
	EVER	A	0.02%
	OABI	D	0.02%
	LAND	D	0.02%
	MEI	F	0.02%
	SMBC	D	0.02%
	LAZR	F	0.02%
	SMMT	C	0.02%
	BALY	B	0.02%
	FLGT	F	0.02%
	DENN	F	0.02%
	CYH	B	0.02%
	AESI	B	0.02%
	SBGI	C	0.02%
	VERV	F	0.02%
	ATEX	D	0.02%
	BAND	B	0.02%
	NVRO	F	0.02%
	MCBC	A	0.02%
	LYTS	B	0.02%
	NPK	A	0.02%
	CABA	F	0.02%
	HTBI	B	0.02%
	MAX	C	0.02%
	NNOX	D	0.02%
	PGC	D	0.02%
	CDLX	B	0.02%
	IVR	C	0.02%
	BFS	F	0.02%
	HAFC	C	0.02%
	CRSR	F	0.02%
	LWLG	F	0.02%
	EDIT	F	0.02%
	CMP	F	0.02%
	XPER	C	0.02%
	HONE	B	0.02%
	NTGR	F	0.02%
	SEAT	F	0.02%
	ALHC	B	0.02%
	SMRT	F	0.02%
	KGS	B	0.02%
	NAPA	F	0.02%
	LXU	C	0.02%
	MCB	B	0.02%
	RICK	F	0.02%
	ATRO	C	0.02%
	ORC	B	0.02%
	MTW	F	0.02%
	PETQ	D	0.02%
	ARIS	A	0.02%
	SVV	F	0.02%
	ACCO	F	0.02%
	OSPN	B	0.02%
	CCNE	D	0.02%
	BHB	B	0.02%
	ALXO	B	0.02%
	NKLA	F	0.02%
	ZYME	D	0.02%
	CLDT	F	0.02%
	MLNK	F	0.02%
	YORW	C	0.02%
	TBPH	C	0.02%
	EVLV	F	0.02%
	FC	C	0.02%
	UHT	D	0.02%
	DDD	F	0.02%
	TK	B	0.02%
	NN	A	0.02%
	HDSN	F	0.02%
	AMAL	B	0.02%
	BATRA	C	0.02%
	NVAX	D	0.02%
	DHIL	C	0.02%
	CDMO	B	0.02%
	ALX	C	0.02%
	CCB	B	0.02%
	CEVA	D	0.02%
	NRC	D	0.02%
	NRDS	D	0.02%
	ATXS	D	0.02%
	OFIX	F	0.02%
	RBCAA	B	0.02%
	TITN	F	0.02%
	NVTS	F	0.02%
	HTLD	F	0.02%
	HVT	F	0.02%
	RDUS	F	0.02%
	BV	A	0.02%
	GLDD	F	0.02%
	FMNB	D	0.02%
	FPI	B	0.02%
	STER	C	0.02%
	TMCI	F	0.02%
	CPF	A	0.02%
	PSFE	C	0.02%
	KIDS	B	0.02%
	TRST	B	0.02%
	LBPH	B	0.02%
	CAC	B	0.02%
	TPB	A	0.02%
	DJCO	C	0.02%
	CVGW	B	0.02%
	CSTL	B	0.02%
	THFF	B	0.02%
	MCBS	A	0.02%
	LPRO	F	0.02%
	EOLS	D	0.02%
	KE	D	0.02%
	EBF	D	0.02%
	OCUL	D	0.02%
	GTN	C	0.02%
	EHAB	D	0.02%
	CGEM	A	0.02%
	USNA	D	0.02%
	UFCS	B	0.02%
	COGT	C	0.02%
	OPK	C	0.02%
	STGW	B	0.02%
	AOSL	D	0.02%
	WASH	C	0.02%
	CATC	C	0.02%
	GMRE	D	0.02%
	LASR	D	0.02%
	PLOW	D	0.02%
	CHUY	F	0.02%
	LEU	C	0.02%
	OLO	F	0.02%
	FWRG	A	0.02%
	PBI	A	0.02%
	IBCP	B	0.02%
	NEXT	B	0.02%
	UVE	B	0.02%
	CLBK	F	0.02%
	GIC	F	0.02%
	PKST	F	0.02%
	MLAB	B	0.02%
	GSBC	B	0.02%
	GOOD	A	0.02%
	UNFI	F	0.02%
	EQBK	A	0.02%
	TRTX	A	0.02%
	CNDT	C	0.02%
	IIIV	C	0.02%
	MLR	A	0.02%
	HCKT	D	0.02%
	BFST	D	0.02%
	CMRE	A	0.02%
	PTLO	F	0.02%
	BBUC	D	0.02%
	HOUS	F	0.02%
	AVO	B	0.02%
	MITK	C	0.02%
	HTBK	D	0.02%
	CCO	D	0.02%
	HAIN	F	0.02%
	NR	C	0.02%
	YMAB	C	0.02%
	HBNC	B	0.02%
	ATRI	B	0.02%
	HZO	F	0.02%
	IDT	A	0.02%
	KREF	F	0.02%
	WSR	D	0.02%
	VMEO	F	0.02%
	BTSG	B	0.02%
	KNSA	C	0.02%
	QTRX	F	0.02%
	TTI	F	0.02%
	MSBI	D	0.02%
	GDYN	D	0.02%
	WRLD	B	0.02%
	VTS	D	0.02%
	XMTR	F	0.02%
	DHC	C	0.02%
	SIBN	F	0.02%
	VVX	B	0.02%
	BY	A	0.02%
	CBL	F	0.02%
	HFWA	C	0.02%
	SOUN	D	0.02%
	PNTG	A	0.02%
	RDFN	D	0.02%
	FOR	D	0.02%
	UTI	A	0.02%
	SWI	B	0.02%
	YEXT	F	0.02%
	RLAY	F	0.02%
	CFB	D	0.02%
	PCT	F	0.02%
	ACEL	C	0.02%
	NRIX	D	0.02%
	IIIN	D	0.02%
	TPC	A	0.02%
	CCRN	F	0.02%
	TWI	F	0.02%
	GOGO	C	0.02%
	FWRD	F	0.02%
	SNCY	F	0.02%
	VTOL	B	0.02%
	FCBC	B	0.02%
	BLFS	B	0.02%
	EMBC	F	0.02%
	EYPT	D	0.02%
	HSII	D	0.02%
	MIRM	D	0.02%
	EGBN	F	0.02%
	FIGS	F	0.02%
	USLM	A	0.02%
	ACHR	F	0.02%
	ARCT	F	0.02%
	HA	D	0.02%
	MBWM	B	0.02%
	STKL	D	0.02%
	AMTB	B	0.02%
	HSTM	B	0.02%
	PTVE	C	0.02%
	CASS	D	0.02%
	NODK	B	0.01%
	PWOD	D	0.01%
	CFFI	F	0.01%
	EHTH	F	0.01%
	QIPT	F	0.01%
	SSTI	F	0.01%
	IBEX	F	0.01%
	EGAN	D	0.01%
	ATLC	F	0.01%
	STRS	C	0.01%
	CMPX	F	0.01%
	GRWG	B	0.01%
	AMWL	F	0.01%
	TSQ	B	0.01%
	AOMR	B	0.01%
	BLNK	D	0.01%
	NMRA	F	0.01%
	ESSA	C	0.01%
	MLP	D	0.01%
	WLFC	A	0.01%
	RMAX	F	0.01%
	LLAP	D	0.01%
	GBIO	D	0.01%
	SAMG	F	0.01%
	HBIO	F	0.01%
	CMT	D	0.01%
	BARK	D	0.01%
	VRCA	B	0.01%
	LCTX	F	0.01%
	DC	C	0.01%
	GWRS	B	0.01%
	WISH	F	0.01%
	ME	D	0.01%
	PSTX	D	0.01%
	BPRN	D	0.01%
	BH	B	0.01%
	OPRX	F	0.01%
	MYFW	B	0.01%
	XFOR	D	0.01%
	JAKK	F	0.01%
	CMCL	F	0.01%
	LXRX	D	0.01%
	TGAN	A	0.01%
	RGCO	A	0.01%
	RNGR	F	0.01%
	QUAD	D	0.01%
	PAYS	A	0.01%
	CTGO	D	0.01%
	RMNI	F	0.01%
	MEC	B	0.01%
	NATH	D	0.01%
	GENC	A	0.01%
	BKSY	F	0.01%
	MGTX	F	0.01%
	AVBP	D	0.01%
	MACK	B	0.01%
	INOD	D	0.01%
	VEL	B	0.01%
	OOMA	F	0.01%
	EVBN	F	0.01%
	CRD.B	D	0.01%
	ERAS	D	0.01%
	NGVC	C	0.01%
	PDLB	C	0.01%
	WEYS	D	0.01%
	FENC	D	0.01%
	CVRX	F	0.01%
	WALD	F	0.01%
	INGN	D	0.01%
	TTEC	F	0.01%
	STHO	D	0.01%
	ORGO	F	0.01%
	BBCP	D	0.01%
	ZVRA	D	0.01%
	QSI	C	0.01%
	OB	C	0.01%
	AGEN	D	0.01%
	OVLY	C	0.01%
	SES	F	0.01%
	MBCN	F	0.01%
	ACTG	B	0.01%
	SPWR	F	0.01%
	OCN	D	0.01%
	ASUR	F	0.01%
	FLL	C	0.01%
	FF	B	0.01%
	BRCC	F	0.01%
	NRDY	F	0.01%
	KRT	D	0.01%
	LRMR	D	0.01%
	GEVO	F	0.01%
	RSVR	B	0.01%
	BCBP	D	0.01%
	CLAR	B	0.01%
	VRA	D	0.01%
	LCNB	D	0.01%
	COFS	C	0.01%
	GLUE	D	0.01%
	ITI	D	0.01%
	SKYT	C	0.01%
	OVID	F	0.01%
	CZFS	F	0.01%
	CHMG	B	0.01%
	PFMT	D	0.01%
	SSBK	C	0.01%
	PRME	F	0.01%
	MG	B	0.01%
	BLUE	F	0.01%
	PCYO	D	0.01%
	JYNT	A	0.01%
	LAW	B	0.01%
	RDVT	D	0.01%
	NKSH	F	0.01%
	HPK	F	0.01%
	BWFG	F	0.01%
	XOMA	C	0.01%
	BHR	B	0.01%
	APPS	F	0.01%
	TCX	D	0.01%
	NWFL	D	0.01%
	LEGH	D	0.01%
	RLGT	F	0.01%
	FET	F	0.01%
	OMER	C	0.01%
	TTSH	C	0.01%
	TG	B	0.01%
	HYLN	C	0.01%
	INSE	F	0.01%
	CDXS	C	0.01%
	WOW	C	0.01%
	ATNM	C	0.01%
	HOFT	F	0.01%
	EPM	F	0.01%
	RIGL	D	0.01%
	MYPS	F	0.01%
	ONL	D	0.01%
	GBTG	B	0.01%
	ALDX	C	0.01%
	DXLG	F	0.01%
	IRBT	D	0.01%
	RCKY	A	0.01%
	ATLO	B	0.01%
	SNPO	B	0.01%
	PCB	D	0.01%
	FVCB	D	0.01%
	VTYX	F	0.01%
	SFIX	F	0.01%
	HRT	A	0.01%
	BLDE	B	0.01%
	MHLD	B	0.01%
	UTMD	F	0.01%
	PGEN	D	0.01%
	BOWL	D	0.01%
	ZYXI	D	0.01%
	EVGO	F	0.01%
	CIFR	B	0.01%
	PKOH	C	0.01%
	NXDT	F	0.01%
	CIO	B	0.01%
	PLBC	B	0.01%
	HSHP	A	0.01%
	GRNT	B	0.01%
	COMM	F	0.01%
	LE	A	0.01%
	AFCG	B	0.01%
	TNYA	D	0.01%
	PINE	F	0.01%
	SPRY	C	0.01%
	TERN	F	0.01%
	CVGI	F	0.01%
	CHRS	F	0.01%
	PKBK	C	0.01%
	ALCO	B	0.01%
	ITIC	B	0.01%
	BTBT	F	0.01%
	ONTF	F	0.01%
	ARAY	F	0.01%
	THRD	B	0.01%
	PPTA	B	0.01%
	GCBC	B	0.01%
	ATNI	F	0.01%
	PLL	D	0.01%
	BMEA	F	0.01%
	TSBK	D	0.01%
	FSBW	C	0.01%
	NECB	B	0.01%
	NKTX	D	0.01%
	JMSB	D	0.01%
	CBNK	D	0.01%
	MLYS	D	0.01%
	STRO	F	0.01%
	BLFY	D	0.01%
	CVLY	B	0.01%
	ASLE	F	0.01%
	TYRA	C	0.01%
	ACIC	D	0.01%
	EVCM	C	0.01%
	INZY	D	0.01%
	HLLY	F	0.01%
	FRGE	F	0.01%
	RCEL	F	0.01%
	LINC	A	0.01%
	IPI	D	0.01%
	TSVT	D	0.01%
	ACDC	F	0.01%
	OFLX	F	0.01%
	JOUT	F	0.01%
	FDBC	D	0.01%
	GPRO	F	0.01%
	RM	B	0.01%
	LSEA	F	0.01%
	TWKS	F	0.01%
	ANGO	C	0.01%
	FORR	F	0.01%
	MPLN	F	0.01%
	IMMR	D	0.01%
	IHRT	C	0.01%
	ULH	B	0.01%
	UNTY	B	0.01%
	SSP	C	0.01%
	POWW	B	0.01%
	RRBI	D	0.01%
	BRT	B	0.01%
	HMST	D	0.01%
	DGICA	F	0.01%
	WTI	F	0.01%
	SLQT	C	0.01%
	CBAN	C	0.01%
	XERS	F	0.01%
	VLGEA	A	0.01%
	SFST	F	0.01%
	HIPO	C	0.01%
	FNKO	D	0.01%
	AAN	F	0.01%
	SHCR	F	0.01%
	OBT	B	0.01%
	DM	C	0.01%
	HEAR	C	0.01%
	RAPT	F	0.01%
	LOCO	C	0.01%
	WSBF	B	0.01%
	AMPS	F	0.01%
	FRST	F	0.01%
	GPMT	D	0.01%
	REI	B	0.01%
	FLWS	D	0.01%
	STEM	F	0.01%
	PANL	C	0.01%
	HG	B	0.01%
	CCSI	F	0.01%
	ONEW	F	0.01%
	REPX	F	0.01%
	AURA	D	0.01%
	HUMA	B	0.01%
	ULCC	F	0.01%
	AVTE	D	0.01%
	PSTL	D	0.01%
	AVXL	F	0.01%
	DOMO	F	0.01%
	MVBF	F	0.01%
	SKIN	F	0.01%
	RYAM	D	0.01%
	MNTK	F	0.01%
	FNLC	D	0.01%
	NATR	C	0.01%
	TRUE	D	0.01%
	REFI	A	0.01%
	EBTC	D	0.01%
	SOI	B	0.01%
	AMPY	B	0.01%
	VMD	D	0.01%
	VNDA	B	0.01%
	SLDP	B	0.01%
	KODK	D	0.01%
	ASTS	F	0.01%
	LXFR	B	0.01%
	LIND	F	0.01%
	IRON	F	0.01%
	TRDA	D	0.01%
	ENTA	C	0.01%
	ALTG	D	0.01%
	CPS	B	0.01%
	BCML	C	0.01%
	TELL	F	0.01%
	BWB	B	0.01%
	KRO	A	0.01%
	APLD	F	0.01%
	IAUX	F	0.01%
	HRTX	D	0.01%
	CRCT	C	0.01%
	TCBX	A	0.01%
	WEST	B	0.01%
	LILA	B	0.01%
	OLMA	F	0.01%
	PKE	F	0.01%
	CIVB	F	0.01%
	AXGN	F	0.01%
	PAHC	A	0.01%
	LUNG	D	0.01%
	DCGO	F	0.01%
	ITOS	C	0.01%
	NEWT	D	0.01%
	FLIC	F	0.01%
	BMRC	D	0.01%
	ALLO	F	0.01%
	SPOK	F	0.01%
	NRIM	C	0.01%
	HIFS	C	0.01%
	CLMB	D	0.01%
	ZUMZ	C	0.01%
	FRBA	D	0.01%
	GNTY	B	0.01%
	PBPB	F	0.01%
	MVIS	F	0.01%
	CTOS	F	0.01%
	HBCP	B	0.01%
	FISI	D	0.01%
	CRMD	B	0.01%
	AVIR	C	0.01%
	FMAO	B	0.01%
	CWBC	B	0.01%
	CZNC	D	0.01%
	SENEA	B	0.01%
	VYGR	D	0.01%
	GCO	F	0.01%
	PX	F	0.01%
	RBBN	B	0.01%
	PHAT	C	0.01%
	CELC	D	0.01%
	EGHT	F	0.01%
	XPOF	F	0.01%
	IRMD	C	0.01%
	NWPX	C	0.01%
	MBI	D	0.01%
	CARE	D	0.01%
	RVNC	F	0.01%
	ACNB	F	0.01%
	SMHI	D	0.01%
	PFIS	D	0.01%
	ARTNA	D	0.01%
	HBT	B	0.01%
	FSBC	D	0.01%
	FBIZ	C	0.01%
	ORIC	D	0.01%
	ADPT	F	0.01%
	WTBA	D	0.01%
	CERS	F	0.01%
	AVD	C	0.01%
	SLRN	F	0.01%
	AGTI	B	0.01%
	ORRF	B	0.01%
	HROW	F	0.01%
	PLPC	D	0.01%
	KIND	C	0.01%
	REPL	F	0.01%
	SPCE	F	0.01%
	MODV	D	0.01%
	GNE	F	0.01%
	SNBR	F	0.01%
	CRBU	F	0.01%
	LOVE	B	0.01%
	EE	B	0.01%
	DMRC	F	0.01%
	PL	F	0.01%
	ANNX	D	0.01%
	AGS	D	0.01%
	GEF	D	0.01%
	EAF	C	0.01%
	MRSN	D	0.01%
	CNSL	C	0.01%
	GLRE	A	0.01%
	HCAT	F	0.01%
	AEHR	F	0.01%
	TRC	B	0.01%
	BSRR	B	0.01%
	HLVX	D	0.01%
	DH	F	0.01%
	TBI	F	0.01%
	DSGR	B	0.01%
	PACK	B	0.01%
	MXCT	D	0.01%
	STOK	B	0.01%
	ODC	B	0.01%
	BOOM	F	0.01%
	CSV	B	0.01%
	KALV	D	0.01%
	TNGX	F	0.01%
	FATE	D	0.01%
	MCS	F	0.01%
	FFIC	D	0.01%
	TAST	A	0.01%
	KRNY	F	0.01%
	CRMT	F	0.01%
	AMSWA	F	0.01%
	ESQ	C	0.01%
	TCMD	F	0.01%
	NFBK	D	0.01%
	WLDN	A	0.01%
	OSG	B	0.01%
	MCFT	F	0.01%
	BWMN	F	0.01%
	ABUS	D	0.01%
	SMMF	B	0.01%
	MPB	B	0.01%
	RBB	B	0.01%
	ARKO	F	0.01%
	SHBI	D	0.01%
	SB	A	0.01%
	LMNR	A	0.01%
	OIS	F	0.01%
	TARO	B	0.01%
	SMR	B	0.01%
	ALEC	F	0.01%
	JRVR	D	0.01%
	FARO	F	0.01%
	CTLP	F	0.01%
	FFWM	F	0.01%
	DAKT	B	0.01%
	WVE	C	0.01%
	TH	C	0.01%
	SD	C	0.01%
	PACB	F	0.01%
	AROW	C	0.01%
	ANAB	B	0.01%
	ADTN	F	0.01%
	RGP	D	0.01%
	AMCX	D	0.01%
	SPFI	B	0.01%
	SRDX	C	0.01%
	BHRB	C	0.01%
	MOFG	D	0.01%
	SMBK	C	0.01%
	NBN	C	0.01%
	MED	F	0.01%
	CWCO	D	0.01%
	ACRE	D	0.01%
	CVLG	D	0.01%
	NVEC	F	0.01%
	RMR	B	0.01%
	ENFN	B	0.01%
	BBW	A	0.01%
	ALNT	D	0.01%
	UIS	C	0.01%
	INST	F	0.01%
	RNAC	C	0.0%
	PRST	F	0.0%
	VAXX	F	0.0%
	CMAX	F	0.0%
	OCEA	F	0.0%
	LPTV	F	0.0%
	BGXX	F	0.0%
	AMPX	F	0.0%
	UONEK	F	0.0%
	VGAS	C	0.0%
	UONE	F	0.0%
	RBOT	F	0.0%
	ELA	D	0.0%
	ZVIA	F	0.0%
	ARL	F	0.0%
	PIII	F	0.0%
	DFLI	D	0.0%
	EYEN	F	0.0%
	VLD	F	0.0%
	AFRI	C	0.0%
	TWOU	F	0.0%
	FOA	F	0.0%
	FTCI	D	0.0%
	UHG	D	0.0%
	DZSI	F	0.0%
	AADI	D	0.0%
	SKIL	F	0.0%
	BKKT	F	0.0%
	VATE	D	0.0%
	SWKH	B	0.0%
	RENT	C	0.0%
	OPFI	D	0.0%
	IMRX	F	0.0%
	RPHM	D	0.0%
	XAIR	F	0.0%
	GORV	F	0.0%
	BHIL	D	0.0%
	VALU	F	0.0%
	TCI	F	0.0%
	WKHS	F	0.0%
	CARA	F	0.0%
	TSBX	F	0.0%
	IKNA	F	0.0%
	PRTH	F	0.0%
	CUTR	D	0.0%
	DTC	F	0.0%
	RDW	B	0.0%
	FOSL	D	0.0%
	VIGL	F	0.0%
	CMBM	F	0.0%
	LPSN	F	0.0%
	CIX	B	0.0%
	LNZA	F	0.0%
	VHI	D	0.0%
	ALVR	D	0.0%
	GOCO	F	0.0%
	EGRX	F	0.0%
	CARM	F	0.0%
	NVCT	F	0.0%
	FEAM	D	0.0%
	SKYX	F	0.0%
	AKTS	D	0.0%
	RLYB	D	0.0%
	AEVA	F	0.0%
	MKTW	F	0.0%
	CUE	D	0.0%
	METCB	F	0.0%
	ZURA	C	0.0%
	CMTL	F	0.0%
	SCLX	F	0.0%
	BTAI	F	0.0%
	MAXN	F	0.0%
	OMGA	F	0.0%
	KZR	F	0.0%
	BRBS	D	0.0%
	HQI	F	0.0%
	SST	D	0.0%
	PNRG	B	0.0%
	DLTH	F	0.0%
	CLPR	F	0.0%
	VOR	F	0.0%
	OBIO	F	0.0%
	NDLS	F	0.0%
	MURA	F	0.0%
	BIRD	F	0.0%
	PRLD	D	0.0%
	LENZ	B	0.0%
	KRMD	C	0.0%
	GNLX	F	0.0%
	GWH	D	0.0%
	BW	F	0.0%
	LUNA	F	0.0%
	AIRS	F	0.0%
	OTLK	D	0.0%
	PMVP	D	0.0%
	OPTN	F	0.0%
	EP	D	0.0%
	PRTS	F	0.0%
	ALLK	F	0.0%
	GLT	F	0.0%
	BCOV	D	0.0%
	CURV	B	0.0%
	TELA	F	0.0%
	NL	A	0.0%
	ATRA	F	0.0%
	GRTS	F	0.0%
	PMTS	F	0.0%
	BTMD	C	0.0%
	INNV	F	0.0%
	DNMR	F	0.0%
	IPSC	D	0.0%
	SGMO	F	0.0%
	PLX	F	0.0%
	CPSS	C	0.0%
	SCWO	B	0.0%
	TUSK	F	0.0%
	RNAC	C	0.0%
	NOTE	F	0.0%
	ASRT	D	0.0%
	COOK	F	0.0%
	CNTY	C	0.0%
	BGFV	F	0.0%
	VOXX	F	0.0%
	VUZI	F	0.0%
	ORGN	C	0.0%
	AKYA	F	0.0%
	MCRB	D	0.0%
	EEX	D	0.0%
	KVHI	D	0.0%
	MVST	F	0.0%
	SNFCA	F	0.0%
	PLCE	F	0.0%
	MRNS	F	0.0%
	ISPR	F	0.0%
	PRPL	D	0.0%
	CATO	F	0.0%
	ACRS	D	0.0%
	CCRD	C	0.0%
	WW	F	0.0%
	EVEX	D	0.0%
	BBAI	F	0.0%
	VTNR	D	0.0%
	MPX	C	0.0%
	KLXE	F	0.0%
	CDZI	F	0.0%
	LICY	F	0.0%
	AMLX	F	0.0%
	EXFY	F	0.0%
	OPI	C	0.0%
	IVAC	B	0.0%
	ACET	F	0.0%
	SGMT	F	0.0%
	KLTR	F	0.0%
	PDSB	F	0.0%
	FGEN	F	0.0%
	VERI	D	0.0%
	PETS	F	0.0%
	BCAB	C	0.0%
	BSVN	A	0.0%
	MOND	D	0.0%
	CTXR	F	0.0%
	ACRV	B	0.0%
	IGMS	C	0.0%
	TSE	F	0.0%
	MNSB	D	0.0%
	KFS	A	0.0%
	DOUG	F	0.0%
	SBT	D	0.0%
	SEER	B	0.0%
	TPIC	B	0.0%
	KOD	D	0.0%
	STKS	C	0.0%
	HFFG	F	0.0%
	BFLY	F	0.0%
	BIG	F	0.0%
	FHTX	D	0.0%
	HNRG	F	0.0%
	PLSE	D	0.0%
	EVI	D	0.0%
	ALTI	F	0.0%
	SGHT	B	0.0%
	TRVI	C	0.0%
	EBS	C	0.0%
	PBFS	D	0.0%
	RRGB	C	0.0%
	DHX	D	0.0%
	AVAH	D	0.0%
	RXT	C	0.0%
	USCB	B	0.0%
	CMPO	B	0.0%
	TBRG	F	0.0%
	NC	D	0.0%
	JILL	C	0.0%
	LXEO	F	0.0%
	PTSI	C	0.0%
	NAUT	D	0.0%
	LVWR	F	0.0%
	RELL	C	0.0%
	FCCO	D	0.0%
	NREF	D	0.0%
	CLPT	F	0.0%
	GAMB	D	0.0%
	KPTI	F	0.0%
	TDUP	F	0.0%
	ESCA	F	0.0%
	SMLR	F	0.0%
	NRGV	F	0.0%
	PROK	D	0.0%
	PEPG	C	0.0%
	VABK	D	0.0%
	DSP	D	0.0%
	TLYS	F	0.0%
	SPWH	D	0.0%
	OM	D	0.0%
	MASS	F	0.0%
	ATOM	F	0.0%
	INTT	F	0.0%
	EVC	C	0.0%
	SCPH	F	0.0%
	EOSE	F	0.0%
	SWIM	F	0.0%
	INFU	F	0.0%
	DSGN	B	0.0%
	SMTI	D	0.0%
	III	F	0.0%

IWM Underweight 2 Positions Relative to VTWO

	Symbol	Grade	Weight
	MDC	A	-0.14%
	SGBX	D	-0.09%

IWM: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Software - Infrastructure Medical Devices Oil & Gas E&P REIT - Diversified Business Services Diversified Industrials Oil & Gas Equipment & Services Restaurants Specialty Retail Asset Management Conglomerates Specialty Chemicals Drug Manufacturers - Specialty & Generic Auto Parts Electronic Components Savings & Cooperative Banks Communication Equipment

Keywords: Bank Banking Medicine Biopharmaceutical Deposit Products Biotechnology Cancer Real Estate Investment Trust Real Estate Loans Computing Insurance Mortgage Loan Natural Gas Clinical Medicine Commercial Banking Loan Life Sciences Telecommunications Chemical Mining

VTWO: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Software - Infrastructure Oil & Gas E&P Building Materials Business Services REIT - Diversified Residential Construction Electronic Components Engineering & Construction Specialty Chemicals Oil & Gas Equipment & Services Asset Management Diagnostics & Research Medical Devices Packaged Foods REIT - Hotel & Motel Semiconductors

Keywords: Banking Bank Real Estate Investment Trust Medicine Construction Natural Gas Biopharmaceutical Deposit Products Computing Chemical Mining Aerospace Cancer Semiconductor Insurance Biotechnology Building Materials Commercial Bank Commercial Banking Electronics