IWN vs. IBB ETF Comparison

Comparison of iShares Russell 2000 Value ETF (IWN) to iShares Nasdaq Biotechnology Index Fund (IBB)

IWN

iShares Russell 2000 Value ETF

IWN Description

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

Grade (RS Rating)

Last Trade

$149.75

Average Daily Volume

1,109,546

Number of Holdings ^*

1394

* may have additional holdings in another (foreign) market

IBB

iShares Nasdaq Biotechnology Index Fund

IBB Description

The investment seeks to track the investment results of an index composed of biotechnology and pharmaceutical equities listed on the NASDAQ. 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. The underlying index contains securities of NASDAQÂ® listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals and that also meet other eligibility criteria determined by The NASDAQ OMX Group, Inc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$135.22

Average Daily Volume

1,453,727

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	IWN	IBB
30 Days	-5.10%	-0.91%
60 Days	2.93%	8.66%
90 Days	-0.62%	-0.51%
12 Months	8.92%	3.38%

104 Overlapping Holdings

Symbol	Grade	Weight in IWN	Weight in IBB	Overlap
ABUS	C	0.01%	0.04%	0.01%
ADMA	B	0.08%	0.23%	0.08%
ADPT	D	0.01%	0.05%	0.01%
AGIO	C	0.21%	0.25%	0.21%
ALLO	F	0.02%	0.03%	0.02%
ALXO	F	0.02%	0.02%	0.02%
ANAB	C	0.01%	0.06%	0.01%
APGE	D	0.08%	0.15%	0.08%
ARCT	D	0.05%	0.08%	0.05%
ARVN	F	0.01%	0.15%	0.01%
AVIR	D	0.02%	0.03%	0.02%
BBIO	D	0.08%	0.37%	0.08%
BCRX	C	0.02%	0.12%	0.02%
BEAM	D	0.01%	0.19%	0.01%
BHVN	F	0.19%	0.25%	0.19%
BLUE	F	0.01%	0.02%	0.01%
CABA	F	0.0%	0.05%	0.0%
CDNA	C	0.06%	0.07%	0.06%
CGEM	D	0.05%	0.11%	0.05%
CHRS	F	0.0%	0.02%	0.0%
COGT	B	0.03%	0.07%	0.03%
CRBU	F	0.01%	0.01%	0.01%
CRNX	D	0.2%	0.33%	0.2%
CSTL	B	0.03%	0.06%	0.03%
CYTK	F	0.03%	0.51%	0.03%
DAWN	F	0.01%	0.07%	0.01%
DVAX	D	0.02%	0.15%	0.02%
DYN	B	0.12%	0.21%	0.12%
EDIT	F	0.04%	0.04%	0.04%
ELVN	B	0.04%	0.06%	0.04%
ERAS	D	0.01%	0.03%	0.01%
EWTX	C	0.08%	0.11%	0.08%
FDMT	D	0.07%	0.1%	0.07%
FLGT	F	0.03%	0.04%	0.03%
GERN	B	0.05%	0.21%	0.05%
HUMA	C	0.0%	0.06%	0.0%
IDYA	D	0.07%	0.25%	0.07%
IOVA	F	0.16%	0.18%	0.16%
IRON	C	0.0%	0.05%	0.0%
IRWD	F	0.04%	0.09%	0.04%
ITOS	C	0.03%	0.05%	0.03%
JANX	D	0.05%	0.13%	0.05%
KALV	C	0.03%	0.04%	0.03%
KNSA	C	0.05%	0.07%	0.05%
KURA	C	0.12%	0.14%	0.12%
LGND	C	0.09%	0.13%	0.09%
LYEL	D	0.03%	0.03%	0.03%
MGNX	F	0.02%	0.03%	0.02%
MGTX	F	0.0%	0.02%	0.0%
MLYS	C	0.01%	0.03%	0.01%
MNKD	B	0.02%	0.13%	0.02%
MORF	F	0.01%	0.11%	0.01%
MXCT	C	0.03%	0.04%	0.03%
MYGN	B	0.16%	0.2%	0.16%
NAUT	F	0.01%	0.02%	0.01%
NRIX	C	0.06%	0.09%	0.06%
NTLA	C	0.15%	0.24%	0.15%
NUVB	C	0.03%	0.05%	0.03%
NVAX	C	0.03%	0.2%	0.03%
OLMA	C	0.03%	0.06%	0.03%
OPK	D	0.04%	0.05%	0.04%
ORIC	F	0.02%	0.03%	0.02%
OVID	F	0.01%	0.02%	0.01%
PACB	F	0.02%	0.05%	0.02%
PGEN	C	0.02%	0.02%	0.02%
PHAT	B	0.02%	0.03%	0.02%
PTCT	C	0.04%	0.26%	0.04%
PTGX	B	0.06%	0.19%	0.06%
QTRX	F	0.04%	0.05%	0.04%
RAPT	F	0.0%	0.01%	0.0%
RCKT	F	0.01%	0.19%	0.01%
RCUS	C	0.05%	0.08%	0.05%
REPL	C	0.03%	0.04%	0.03%
RGNX	F	0.04%	0.06%	0.04%
RLAY	C	0.05%	0.07%	0.05%
RNA	B	0.17%	0.33%	0.17%
RNAC	D	0.01%	0.0%	0.0%
RNAC	D	0.0%	0.0%	0.0%
RVMD	C	0.11%	0.53%	0.11%
RXRX	B	0.09%	0.15%	0.09%
SAGE	F	0.0%	0.06%	0.0%
SANA	F	0.05%	0.07%	0.05%
SLRN	F	0.02%	0.03%	0.02%
SNDX	C	0.02%	0.16%	0.02%
SPRY	D	0.01%	0.04%	0.01%
SRRK	F	0.05%	0.06%	0.05%
SVRA	F	0.03%	0.03%	0.03%
TARS	D	0.08%	0.1%	0.08%
TBPH	F	0.03%	0.04%	0.03%
TERN	B	0.01%	0.03%	0.01%
THRD	C	0.02%	0.02%	0.02%
TNGX	B	0.02%	0.07%	0.02%
TVTX	C	0.0%	0.05%	0.0%
TWST	B	0.24%	0.28%	0.24%
URGN	B	0.01%	0.05%	0.01%
VCYT	C	0.12%	0.16%	0.12%
VERA	D	0.06%	0.15%	0.06%
VERV	F	0.03%	0.03%	0.03%
VIR	D	0.07%	0.09%	0.07%
VNDA	B	0.03%	0.04%	0.03%
WVE	C	0.04%	0.05%	0.04%
XNCR	F	0.05%	0.12%	0.05%
YMAB	D	0.02%	0.05%	0.02%
ZYME	D	0.04%	0.06%	0.04%

IWN Overweight 1290 Positions Relative to IBB

Symbol	Grade	Weight
CHRD	D	0.86%
PR	D	0.56%
MTH	C	0.48%
CVNA	B	0.48%
CMC	D	0.48%
MUR	D	0.47%
TMHC	D	0.46%
ESNT	B	0.46%
UFPI	D	0.46%
CIVI	D	0.45%
SM	D	0.45%
JXN	B	0.45%
SSB	D	0.44%
BRBR	C	0.44%
BECN	B	0.44%
MTDR	D	0.44%
COOP	B	0.42%
PBF	F	0.41%
CRS	B	0.41%
TRNO	B	0.41%
ONB	D	0.4%
BCC	D	0.4%
CADE	D	0.39%
ABG	B	0.38%
KRG	B	0.38%
LNW	C	0.37%
KBH	B	0.37%
RDN	C	0.37%
SWX	D	0.37%
SIG	C	0.37%
WIRE	B	0.35%
POR	D	0.35%
ANF	B	0.35%
ITRI	B	0.35%
SUM	D	0.35%
ETRN	B	0.35%
HOMB	C	0.34%
GATX	B	0.34%
CNX	C	0.33%
GPI	B	0.33%
MATX	B	0.33%
AVNT	C	0.32%
IRT	A	0.32%
ACA	B	0.32%
UBSI	D	0.32%
AMKR	A	0.31%
HWC	D	0.31%
KNF	C	0.31%
ITGR	B	0.31%
GBCI	C	0.31%
STNG	B	0.3%
MOG.A	D	0.3%
EPRT	A	0.3%
ZWS	C	0.29%
NEOG	B	0.29%
BKH	D	0.29%
ALE	B	0.29%
SANM	B	0.28%
HP	F	0.28%
PTEN	F	0.28%
LBRT	D	0.28%
BIPC	C	0.28%
UMBF	C	0.28%
ESGR	B	0.28%
TPH	B	0.28%
PBH	D	0.27%
OGS	F	0.27%
SYNA	C	0.27%
HCC	C	0.27%
SLG	B	0.27%
MLI	D	0.27%
HASI	B	0.26%
CRC	D	0.26%
AMR	F	0.26%
SBRA	B	0.26%
PCH	F	0.26%
MHO	B	0.26%
GT	F	0.26%
KFY	B	0.26%
ALIT	F	0.25%
SKYW	B	0.25%
PRMW	B	0.25%
SR	D	0.25%
APLE	D	0.25%
ASGN	D	0.25%
ABCB	C	0.25%
NWE	D	0.25%
PECO	F	0.25%
MAC	D	0.25%
ABM	B	0.25%
OSCR	C	0.24%
IIPR	B	0.24%
CEIX	C	0.24%
CNO	B	0.24%
NPO	D	0.24%
ASB	D	0.24%
UCBI	D	0.23%
BNL	B	0.23%
PNM	D	0.23%
ARCH	D	0.23%
BXMT	D	0.23%
VLY	D	0.23%
VSH	D	0.23%
IBOC	C	0.23%
REZI	D	0.23%
KTOS	C	0.23%
WD	C	0.23%
AEO	D	0.23%
TCBI	D	0.22%
AVA	D	0.22%
CDP	B	0.22%
GNW	D	0.22%
MTX	B	0.22%
SITC	B	0.22%
CTRE	B	0.22%
AUB	D	0.22%
BTU	D	0.21%
WSFS	C	0.21%
FBP	C	0.21%
RUSHA	D	0.21%
PRIM	B	0.21%
GLNG	B	0.21%
LIVN	D	0.21%
TGNA	F	0.21%
HUBG	B	0.21%
CLSK	B	0.21%
CATY	C	0.2%
ABR	B	0.2%
GMS	D	0.2%
INSW	C	0.2%
STRA	D	0.2%
ADNT	F	0.2%
AX	C	0.2%
GHC	D	0.2%
ATGE	B	0.2%
LXP	B	0.2%
FULT	D	0.2%
APG	B	0.2%
HL	D	0.2%
NMIH	B	0.19%
GTLS	F	0.19%
HELE	D	0.19%
SDRL	D	0.19%
NHI	A	0.19%
AIR	C	0.18%
VECO	A	0.18%
AZZ	C	0.18%
TROX	B	0.18%
CCS	C	0.18%
GVA	B	0.18%
MQ	F	0.18%
CBU	D	0.18%
UNF	F	0.18%
FIBK	D	0.17%
VSTO	B	0.17%
PFSI	B	0.17%
UCTT	B	0.17%
BOH	D	0.17%
UEC	F	0.17%
CVBF	D	0.17%
MODG	D	0.17%
SATS	C	0.17%
AROC	D	0.17%
CDE	B	0.16%
PATK	D	0.16%
ZD	C	0.16%
FFBC	D	0.16%
KMT	D	0.16%
FCPT	B	0.16%
PPBI	F	0.16%
RAMP	F	0.16%
EQC	B	0.16%
SMTC	D	0.16%
MIR	C	0.16%
EBC	C	0.16%
NJR	D	0.16%
SFBS	C	0.16%
UE	B	0.16%
MBC	D	0.16%
WERN	D	0.16%
BKU	C	0.16%
SFNC	D	0.16%
TDS	C	0.16%
SHO	C	0.16%
INDB	F	0.16%
FL	C	0.16%
HLNE	C	0.15%
TOWN	C	0.15%
PLUS	C	0.15%
FRME	D	0.15%
B	B	0.15%
JBLU	D	0.15%
HNI	C	0.15%
MLKN	D	0.15%
TTMI	B	0.15%
SBCF	D	0.15%
CWT	D	0.15%
TRN	B	0.15%
EPC	B	0.15%
PRK	B	0.15%
MOD	D	0.14%
AKR	B	0.14%
SNEX	D	0.14%
HLMN	D	0.14%
SQSP	A	0.14%
DAN	D	0.14%
DRH	D	0.14%
BFH	B	0.14%
LGIH	D	0.14%
BANC	D	0.14%
GPOR	C	0.14%
DEI	D	0.14%
KAR	D	0.14%
WAFD	D	0.14%
HTLF	B	0.14%
CENTA	D	0.14%
URBN	B	0.14%
DHT	C	0.13%
ARCB	F	0.13%
GOGL	D	0.13%
DK	F	0.13%
SKY	C	0.13%
PLAB	F	0.13%
ANDE	D	0.13%
SCL	D	0.13%
THS	F	0.13%
WOR	F	0.13%
STC	C	0.13%
TFIN	B	0.13%
GEO	D	0.13%
PEB	D	0.13%
ENVA	C	0.13%
TNK	B	0.13%
CLDX	D	0.13%
WGO	F	0.13%
IVT	D	0.13%
PFS	F	0.13%
SJW	F	0.13%
OFG	C	0.13%
XRX	F	0.13%
TRMK	C	0.13%
OTTR	C	0.13%
PSN	C	0.13%
BLBD	B	0.12%
COHU	C	0.12%
DBRG	F	0.12%
STNE	F	0.12%
NBTB	C	0.12%
DNOW	D	0.12%
BDC	B	0.12%
CWK	B	0.12%
ASPN	B	0.12%
PDCO	F	0.12%
LZB	C	0.12%
NTB	B	0.12%
RLJ	D	0.12%
XHR	D	0.12%
GEF	F	0.12%
WSBC	D	0.12%
TALO	F	0.12%
BGC	D	0.12%
SKT	D	0.12%
POWL	B	0.12%
NEO	F	0.12%
ROIC	C	0.12%
ONTO	B	0.12%
KN	B	0.12%
IBTX	C	0.12%
WKC	B	0.12%
SFL	C	0.12%
TEX	D	0.12%
DO	B	0.12%
GBX	D	0.12%
LCII	F	0.12%
BANR	B	0.12%
BANF	D	0.12%
HLX	D	0.12%
RNST	D	0.12%
NBHC	B	0.11%
TWO	B	0.11%
JBGS	C	0.11%
ELME	B	0.11%
CHCO	C	0.11%
NWBI	D	0.11%
CXW	F	0.11%
EFSC	D	0.11%
HTH	D	0.11%
MGEE	D	0.11%
NMRK	C	0.11%
LTC	B	0.11%
ARI	D	0.11%
HMN	D	0.11%
PRDO	C	0.11%
LKFN	D	0.11%
GNL	D	0.11%
MCY	D	0.11%
CODI	C	0.11%
BHE	B	0.11%
MC	D	0.11%
ORA	C	0.11%
XPRO	B	0.1%
ALEX	C	0.1%
LADR	B	0.1%
AMWD	F	0.1%
ESRT	D	0.1%
CUBI	D	0.1%
ODP	D	0.1%
LUMN	F	0.1%
FBK	C	0.1%
OMI	F	0.1%
BKD	D	0.1%
PRG	C	0.1%
VRTS	D	0.1%
WLY	C	0.1%
NTCT	F	0.1%
GTY	D	0.1%
NNI	C	0.1%
NHC	B	0.1%
FCF	D	0.1%
VGR	C	0.1%
KNTK	B	0.1%
AGM	C	0.1%
NWN	F	0.1%
RC	C	0.1%
STR	D	0.09%
LOB	D	0.09%
OUT	D	0.09%
IONQ	F	0.09%
SAFT	D	0.09%
ICHR	D	0.09%
VSEC	B	0.09%
RRR	C	0.09%
TCBK	B	0.09%
PRM	C	0.09%
BMBL	D	0.09%
CRK	C	0.09%
NWLI	A	0.09%
GIII	F	0.09%
PAR	B	0.09%
UVV	F	0.09%
ESE	C	0.09%
SCSC	C	0.09%
DEA	B	0.09%
OPEN	F	0.09%
HOPE	D	0.09%
CAL	C	0.09%
SCS	D	0.09%
KW	C	0.09%
STBA	C	0.09%
AIV	D	0.09%
NTST	C	0.09%
BUSE	C	0.09%
SLCA	B	0.09%
CNNE	F	0.09%
PMT	C	0.09%
NAVI	F	0.09%
JELD	F	0.09%
VRE	C	0.09%
FBNC	D	0.09%
LILAK	C	0.09%
JOBY	D	0.08%
GRBK	B	0.08%
SASR	B	0.08%
PLYM	D	0.08%
WS	F	0.08%
ADUS	A	0.08%
ECPG	F	0.08%
AGX	A	0.08%
TGI	C	0.08%
DLX	B	0.08%
WINA	D	0.08%
NX	F	0.08%
PEBO	C	0.08%
STEL	F	0.08%
CSTM	D	0.08%
NIC	C	0.08%
CSR	B	0.08%
SPXC	B	0.08%
MGNI	B	0.08%
IMKTA	F	0.08%
CMCO	F	0.08%
VBTX	C	0.08%
FBRT	C	0.08%
AAT	B	0.08%
GFF	D	0.08%
EYE	F	0.08%
EIG	C	0.08%
WMK	D	0.08%
MFA	C	0.08%
MTTR	C	0.08%
VTLE	F	0.08%
TRS	D	0.08%
BXC	D	0.07%
PRLB	F	0.07%
SVC	F	0.07%
SHEN	C	0.07%
FA	B	0.07%
WABC	D	0.07%
TPC	B	0.07%
BZH	B	0.07%
SAH	B	0.07%
KOP	F	0.07%
RWT	B	0.07%
REVG	B	0.07%
CPK	C	0.07%
INVA	B	0.07%
AXL	F	0.07%
LESL	D	0.07%
OCFC	D	0.07%
PGRE	D	0.07%
TILE	D	0.07%
UNFI	C	0.07%
APOG	D	0.07%
CLW	B	0.07%
CCOI	F	0.07%
AMBA	C	0.07%
PDM	B	0.07%
AMRX	B	0.07%
OBK	D	0.07%
WTTR	B	0.07%
CIM	C	0.07%
NE	D	0.07%
PARR	F	0.07%
AUR	D	0.07%
PUMP	F	0.07%
TNC	D	0.07%
ACT	D	0.07%
SGH	B	0.07%
SCHL	D	0.07%
GNK	D	0.07%
GABC	C	0.07%
LC	D	0.07%
DCPH	A	0.07%
EFC	B	0.07%
SAFE	F	0.07%
THR	D	0.07%
MATV	D	0.07%
RPAY	B	0.07%
PAGS	D	0.07%
BHLB	D	0.07%
AVNS	D	0.07%
ASC	B	0.07%
ATMU	D	0.07%
QCRH	C	0.07%
MTUS	D	0.07%
CASH	B	0.07%
ACMR	C	0.07%
ROCK	D	0.07%
ARR	B	0.07%
MRC	C	0.06%
DIOD	B	0.06%
HOV	C	0.06%
ASTE	F	0.06%
CMRE	B	0.06%
BRKL	D	0.06%
APAM	D	0.06%
FIHL	C	0.06%
FBMS	F	0.06%
SABR	D	0.06%
HZO	C	0.06%
CNXN	C	0.06%
PUBM	D	0.06%
BGS	F	0.06%
SBSI	D	0.06%
CMTG	F	0.06%
MNRO	F	0.06%
HAYN	D	0.06%
AHH	C	0.06%
KLIC	C	0.06%
SWBI	D	0.06%
PFBC	C	0.06%
BFC	C	0.06%
SKWD	D	0.06%
BRSP	D	0.06%
ALGT	F	0.06%
UMH	C	0.06%
BDN	D	0.06%
PRAA	F	0.06%
FIP	B	0.06%
FDP	F	0.06%
UNIT	F	0.06%
ETWO	D	0.06%
AORT	B	0.06%
DCO	B	0.06%
VTOL	C	0.06%
SBOW	B	0.06%
SXC	D	0.06%
BLX	D	0.06%
GPRE	F	0.06%
MDXG	F	0.06%
SPNT	C	0.06%
NAT	D	0.06%
SRCE	C	0.06%
MBWM	C	0.05%
MD	D	0.05%
BV	B	0.05%
RYI	F	0.05%
GES	F	0.05%
GLDD	B	0.05%
CNDT	F	0.05%
FCBC	C	0.05%
HFWA	F	0.05%
CFB	C	0.05%
CRGY	C	0.05%
TRTX	B	0.05%
FOR	D	0.05%
CLB	C	0.05%
SMP	F	0.05%
SWI	B	0.05%
AMBC	F	0.05%
MATW	F	0.05%
GOGO	D	0.05%
PSFE	B	0.05%
MLR	B	0.05%
LPG	C	0.05%
RIOT	C	0.05%
TMP	D	0.05%
NXRT	C	0.05%
EGY	D	0.05%
OSBC	D	0.05%
VREX	F	0.05%
UVSP	B	0.05%
HBI	C	0.05%
PIPR	B	0.05%
INN	D	0.05%
THRY	F	0.05%
AI	C	0.05%
GCI	B	0.05%
DRQ	F	0.05%
VTS	B	0.05%
PSMT	D	0.05%
ETD	D	0.05%
ASIX	F	0.05%
NR	B	0.05%
DXPE	D	0.05%
DCOM	D	0.05%
DX	C	0.05%
BELFB	B	0.05%
NVRI	C	0.05%
SG	C	0.05%
CFFN	C	0.05%
EU	D	0.05%
EMBC	C	0.05%
MBIN	D	0.05%
CTBI	C	0.05%
GRC	B	0.05%
AMRK	D	0.05%
HPP	D	0.05%
WSR	A	0.05%
PRA	F	0.05%
ATSG	F	0.05%
HAIN	C	0.05%
CNOB	F	0.05%
FG	F	0.05%
DHC	C	0.05%
NUS	F	0.05%
OMCL	F	0.05%
KELYA	D	0.05%
SCVL	B	0.05%
HA	C	0.05%
HSII	B	0.05%
PFC	D	0.05%
LMND	F	0.05%
CMPR	D	0.05%
FMBH	D	0.05%
ECVT	F	0.05%
SPTN	F	0.05%
BYON	F	0.05%
DNUT	D	0.05%
AOSL	B	0.05%
CECO	C	0.05%
DAKT	B	0.04%
FUL	C	0.04%
IVR	B	0.04%
STOK	B	0.04%
MCBS	C	0.04%
OFIX	F	0.04%
FLR	A	0.04%
UFCS	C	0.04%
MMI	D	0.04%
CAC	C	0.04%
GSBC	C	0.04%
CGON	C	0.04%
ACCO	F	0.04%
BSIG	D	0.04%
CYH	C	0.04%
HTBK	D	0.04%
MSBI	F	0.04%
HAFC	F	0.04%
SMRT	D	0.04%
GDOT	D	0.04%
PTVE	F	0.04%
ZEUS	F	0.04%
WRLD	F	0.04%
GOOD	B	0.04%
UTI	D	0.04%
LXU	D	0.04%
IBCP	D	0.04%
FPI	B	0.04%
BRY	F	0.04%
EGBN	F	0.04%
TELL	C	0.04%
EQBK	D	0.04%
CATC	B	0.04%
EHAB	F	0.04%
BFST	D	0.04%
CLNE	C	0.04%
OSG	A	0.04%
TRST	D	0.04%
ACHR	F	0.04%
ATRO	C	0.04%
HBNC	C	0.04%
EBF	B	0.04%
LEU	F	0.04%
ACIW	B	0.04%
AHCO	B	0.04%
CCO	F	0.04%
CPF	B	0.04%
ARDX	F	0.04%
AMCX	F	0.04%
NYMT	D	0.04%
REX	D	0.04%
DDD	D	0.04%
WULF	A	0.04%
KREF	D	0.04%
ROG	B	0.04%
VVX	D	0.04%
LASR	D	0.04%
PCT	C	0.04%
VMEO	B	0.04%
AMTB	D	0.04%
STGW	C	0.04%
GMRE	C	0.04%
LTH	B	0.04%
BHRB	D	0.04%
BY	B	0.04%
UTL	D	0.04%
RES	F	0.04%
IIIN	D	0.04%
HTLD	C	0.04%
ATEC	D	0.04%
TK	C	0.04%
NAPA	D	0.03%
AESI	D	0.03%
RXO	D	0.03%
CNK	C	0.03%
NNOX	F	0.03%
LXFR	C	0.03%
TBI	F	0.03%
AIN	D	0.03%
NWPX	D	0.03%
HTBI	B	0.03%
LILA	C	0.03%
SHBI	F	0.03%
FATE	F	0.03%
OSUR	F	0.03%
PLXS	C	0.03%
ONEW	C	0.03%
FFIC	C	0.03%
TRDA	C	0.03%
HOUS	F	0.03%
ALRS	F	0.03%
KODK	B	0.03%
SRI	C	0.03%
XPER	F	0.03%
CDLX	F	0.03%
GLRE	B	0.03%
AVNW	F	0.03%
SBGI	F	0.03%
LMNR	D	0.03%
BAND	D	0.03%
PZZA	D	0.03%
TRC	B	0.03%
ALT	F	0.03%
EBS	C	0.03%
SMBK	C	0.03%
MEI	F	0.03%
PRO	F	0.03%
TREE	C	0.03%
HDSN	F	0.03%
IOSP	C	0.03%
RGP	F	0.03%
AROW	B	0.03%
TARO	B	0.03%
FUBO	F	0.03%
PGC	D	0.03%
MCBC	B	0.03%
ACRE	C	0.03%
NKLA	F	0.03%
UVE	D	0.03%
TITN	F	0.03%
RYAM	B	0.03%
RUSHB	F	0.03%
ANNX	C	0.03%
CRMT	C	0.03%
NPK	D	0.03%
OXM	D	0.03%
ANIK	B	0.03%
MCB	F	0.03%
DFH	F	0.03%
WLDN	C	0.03%
SXI	D	0.03%
DOLE	D	0.03%
FRPH	D	0.03%
SAVE	F	0.03%
VPG	F	0.03%
TWI	F	0.03%
NBN	B	0.03%
MOV	D	0.03%
HVT	D	0.03%
SMBC	F	0.03%
CTO	A	0.03%
SB	B	0.03%
OLP	B	0.03%
AMSF	F	0.03%
NOG	D	0.03%
CENT	F	0.03%
CVLG	B	0.03%
KE	C	0.03%
HSTM	B	0.03%
CLDT	F	0.03%
BHB	B	0.03%
ADTN	D	0.03%
THFF	D	0.03%
RDUS	F	0.03%
ARIS	D	0.03%
WASH	D	0.03%
MTW	F	0.03%
PKST	F	0.03%
SIX	A	0.03%
XMTR	F	0.03%
DFIN	D	0.03%
OABI	F	0.03%
CCRN	F	0.03%
DJCO	B	0.03%
FCEL	F	0.03%
CCNE	C	0.03%
SLQT	C	0.03%
ORC	B	0.03%
NTGR	B	0.03%
LMB	B	0.03%
HONE	B	0.03%
ZIMV	D	0.03%
NVTS	C	0.03%
RBCAA	C	0.03%
SD	D	0.03%
STRL	B	0.03%
GTN	F	0.03%
FMNB	C	0.03%
STER	D	0.03%
AVO	D	0.03%
AMAL	B	0.03%
LAND	C	0.03%
IAUX	F	0.02%
JOUT	F	0.02%
CLAR	C	0.02%
DH	F	0.02%
CIO	B	0.02%
HRT	A	0.02%
LQDT	B	0.02%
SNPO	B	0.02%
PSTX	B	0.02%
NGVC	B	0.02%
MHLD	D	0.02%
LSEA	F	0.02%
EVGO	C	0.02%
GENC	B	0.02%
DXLG	C	0.02%
OLO	F	0.02%
DGICA	F	0.02%
RM	C	0.02%
CBNK	D	0.02%
SNCY	F	0.02%
INGN	C	0.02%
TSVT	F	0.02%
MSGE	D	0.02%
CDXS	C	0.02%
ONL	D	0.02%
MYPS	F	0.02%
LE	B	0.02%
BTBT	B	0.02%
NKTX	F	0.02%
BLFY	D	0.02%
AFCG	B	0.02%
CVLY	C	0.02%
CRGX	F	0.02%
REI	F	0.02%
CBAN	C	0.02%
MVBF	C	0.02%
BHR	C	0.02%
ACIC	D	0.02%
ACTG	C	0.02%
PINE	B	0.02%
NATR	D	0.02%
JMSB	C	0.02%
VRA	F	0.02%
MRTN	C	0.02%
FRST	F	0.02%
GPRO	F	0.02%
BTSG	D	0.02%
LQDA	C	0.02%
BCML	D	0.02%
SFST	D	0.02%
HG	B	0.02%
FDBC	D	0.02%
BARK	B	0.02%
CHCT	D	0.02%
FLIC	F	0.02%
BRT	D	0.02%
RRBI	D	0.02%
NECB	B	0.02%
WSBF	B	0.02%
FNLC	C	0.02%
GRNT	F	0.02%
PKOH	C	0.02%
HYLN	B	0.02%
HSHP	C	0.02%
NVRO	F	0.02%
EVLV	F	0.02%
VLGEA	D	0.02%
CWBC	D	0.02%
INZY	D	0.02%
SOI	F	0.02%
ASLE	F	0.02%
AMPY	F	0.02%
POWW	F	0.02%
ANIP	D	0.02%
CIVB	F	0.02%
LIND	F	0.02%
EBTC	F	0.02%
BWB	D	0.02%
ATNI	F	0.02%
MBI	C	0.02%
STRO	F	0.02%
BMRC	F	0.02%
OBT	D	0.02%
PKE	F	0.02%
EAT	B	0.02%
FWRG	F	0.02%
TCBX	D	0.02%
LRMR	C	0.02%
ANGO	D	0.02%
RCKY	B	0.02%
LEGH	B	0.02%
PAHC	B	0.02%
ENTA	D	0.02%
AAN	B	0.02%
CCBG	C	0.02%
GNTY	D	0.02%
AURA	D	0.02%
CZNC	D	0.02%
CLBK	F	0.02%
REFI	B	0.02%
HIFS	F	0.02%
PSTL	D	0.02%
EVRI	D	0.02%
PACK	D	0.02%
FLNG	D	0.02%
MCS	D	0.02%
WOW	C	0.02%
HEAR	D	0.02%
HBT	B	0.02%
ODC	F	0.02%
TRUE	F	0.02%
FLWS	C	0.02%
LFST	F	0.02%
ORRF	D	0.02%
ADV	D	0.02%
OIS	F	0.02%
LINC	D	0.02%
SPOK	D	0.02%
HBCP	B	0.02%
PFIS	B	0.02%
FRBA	D	0.02%
ACNB	F	0.02%
CELC	D	0.02%
IPI	C	0.02%
FBIZ	C	0.02%
SHCR	C	0.02%
RBBN	D	0.02%
FISI	C	0.02%
AGEN	C	0.02%
WTBA	F	0.02%
SLDP	D	0.02%
AMPS	C	0.02%
ULH	D	0.02%
CWCO	F	0.02%
OI	F	0.02%
SEAT	D	0.02%
LGF.A	D	0.02%
MGY	D	0.02%
CVLT	A	0.02%
PANL	C	0.02%
MBUU	C	0.02%
BSRR	B	0.02%
GCO	F	0.02%
JRVR	F	0.02%
CARE	D	0.02%
KGS	D	0.02%
UIS	F	0.02%
ATRC	F	0.02%
NOVA	D	0.02%
SENEA	D	0.02%
HLVX	B	0.02%
ZUMZ	B	0.02%
VIAV	F	0.02%
KRO	B	0.02%
FFWM	F	0.02%
BJRI	B	0.02%
LOCO	C	0.02%
NRIM	B	0.02%
KRNY	D	0.02%
LAUR	D	0.02%
NFBK	D	0.02%
MOFG	D	0.02%
TIPT	D	0.02%
CNSL	C	0.02%
RBB	D	0.02%
BOC	F	0.02%
ENS	B	0.02%
FMAO	B	0.02%
MPB	D	0.02%
HLF	C	0.02%
GEF	F	0.02%
DBI	F	0.02%
LBPH	C	0.02%
NEWT	C	0.02%
SMHI	C	0.02%
SPFI	D	0.02%
FARO	F	0.02%
IMMR	A	0.02%
DIN	F	0.01%
BBCP	F	0.01%
CYRX	F	0.01%
VHI	B	0.01%
BIG	F	0.01%
BBSI	A	0.01%
AMSWA	F	0.01%
PMVP	F	0.01%
VIGL	C	0.01%
EE	C	0.01%
ACET	F	0.01%
BLFS	C	0.01%
CVI	D	0.01%
BGFV	F	0.01%
FOSL	C	0.01%
CASS	D	0.01%
CTGO	D	0.01%
XFOR	D	0.01%
BCAB	F	0.01%
BBW	D	0.01%
INDI	C	0.01%
SBH	D	0.01%
PNRG	D	0.01%
GRTS	F	0.01%
GWH	D	0.01%
GLT	F	0.01%
SSP	F	0.01%
PLX	F	0.01%
BW	C	0.01%
MAX	D	0.01%
CTXR	F	0.01%
CPSS	C	0.01%
NMRA	F	0.01%
LENZ	B	0.01%
FIGS	D	0.01%
IPSC	D	0.01%
CHUY	F	0.01%
KALU	D	0.01%
PROK	C	0.01%
ITI	F	0.01%
VUZI	D	0.01%
ARTNA	F	0.01%
WW	F	0.01%
SCLX	C	0.01%
DENN	F	0.01%
BLNK	C	0.01%
VZIO	B	0.01%
TUSK	D	0.01%
LLAP	F	0.01%
ALLK	D	0.01%
KVHI	F	0.01%
DGII	F	0.01%
DHX	F	0.01%
PTSI	F	0.01%
GIC	F	0.01%
COOK	C	0.01%
AVAH	B	0.01%
KOD	F	0.01%
SGMO	D	0.01%
BCOV	C	0.01%
LXEO	C	0.01%
PETQ	B	0.01%
GCBC	C	0.01%
DOUG	F	0.01%
ACRV	D	0.01%
LXRX	C	0.01%
SBT	D	0.01%
EEX	C	0.01%
FENC	F	0.01%
CATO	C	0.01%
AVBP	C	0.01%
BSVN	C	0.01%
PETS	C	0.01%
WWW	C	0.01%
ASRT	C	0.01%
IVAC	D	0.01%
MVST	D	0.01%
NABL	B	0.01%
EHTH	F	0.01%
MRSN	F	0.01%
CMPX	F	0.01%
PRKS	D	0.01%
LYTS	D	0.01%
UPBD	C	0.01%
AMWL	F	0.01%
TSE	F	0.01%
SNFCA	C	0.01%
SEER	F	0.01%
GSAT	F	0.01%
SPWH	F	0.01%
FGEN	F	0.01%
TRVI	C	0.01%
TLYS	F	0.01%
CMT	F	0.01%
GDYN	D	0.01%
OPI	C	0.01%
MNSB	F	0.01%
NRGV	F	0.01%
TCX	C	0.01%
TDUP	D	0.01%
IGMS	F	0.01%
APPS	F	0.01%
EAF	F	0.01%
FCCO	C	0.01%
FF	C	0.01%
PLCE	D	0.01%
ATLC	C	0.01%
FNKO	B	0.01%
NODK	B	0.01%
ESCA	F	0.01%
ORGN	D	0.01%
BKSY	F	0.01%
RMR	D	0.01%
WALD	F	0.01%
UUUU	F	0.01%
CZFS	D	0.01%
NREF	C	0.01%
USCB	B	0.01%
GLUE	F	0.01%
VCTR	D	0.01%
DM	F	0.01%
CTLP	C	0.01%
LOGC	B	0.01%
IDT	D	0.01%
NC	D	0.01%
DSGN	D	0.01%
BH	D	0.01%
PBFS	B	0.01%
NVEE	F	0.01%
MASS	F	0.01%
HFFG	C	0.01%
PEPG	B	0.01%
GNE	F	0.01%
CRNC	F	0.01%
ME	F	0.01%
IHRT	F	0.01%
BFLY	D	0.01%
JAKK	D	0.01%
PLL	F	0.01%
AOMR	A	0.01%
PWOD	C	0.01%
EVBN	C	0.01%
ARLO	B	0.01%
VABK	C	0.01%
SPCE	F	0.01%
TG	F	0.01%
RSVR	D	0.01%
LAW	F	0.01%
GBIO	D	0.01%
SNBR	F	0.01%
STRS	B	0.01%
RELL	B	0.01%
VRDN	F	0.01%
LGF.A	D	0.01%
ESSA	D	0.01%
SWIM	C	0.01%
MYFW	B	0.01%
SES	F	0.01%
COMP	D	0.01%
QSI	F	0.01%
OMER	B	0.01%
CALM	D	0.01%
AVDX	D	0.01%
VEL	B	0.01%
HMST	D	0.01%
GEVO	F	0.01%
CPS	F	0.01%
CFFI	C	0.01%
IBRX	D	0.01%
ASUR	C	0.01%
BPRN	C	0.01%
TBRG	C	0.01%
RGCO	C	0.01%
CVGI	F	0.01%
RMAX	C	0.01%
RXT	B	0.01%
KIND	B	0.01%
FSLY	F	0.01%
BWFG	C	0.01%
CMCL	D	0.01%
HOFT	F	0.01%
CHMG	D	0.01%
RNGR	F	0.01%
CBL	B	0.01%
SYBT	B	0.01%
LCNB	D	0.01%
OVLY	F	0.01%
GPMT	F	0.01%
EYPT	F	0.01%
NXDT	F	0.01%
VRNT	C	0.01%
PLBC	D	0.01%
ADEA	C	0.01%
MBCN	D	0.01%
PKBK	F	0.01%
BALY	F	0.01%
QUAD	C	0.01%
GRWG	D	0.01%
BCBP	C	0.01%
PCB	D	0.01%
PDLB	B	0.01%
FVCB	F	0.01%
ONTF	F	0.01%
CIFR	B	0.01%
WEYS	B	0.01%
HIBB	A	0.01%
STHO	D	0.01%
ORGO	F	0.01%
CCSI	C	0.01%
SVV	F	0.01%
PLSE	C	0.01%
HCAT	D	0.01%
TNYA	F	0.01%
ZVRA	D	0.01%
FET	F	0.01%
SGRY	F	0.01%
XOMA	D	0.01%
WLFC	B	0.01%
PLPC	C	0.01%
FSBC	C	0.01%
STEM	F	0.01%
NKSH	B	0.01%
BOOM	D	0.01%
ACDC	D	0.01%
MEC	A	0.01%
MG	D	0.01%
ATLO	B	0.01%
MPLN	F	0.01%
HLLY	F	0.01%
ITIC	B	0.01%
FSBW	B	0.01%
JILL	C	0.01%
TYRA	C	0.01%
NARI	D	0.01%
MLNK	B	0.01%
BLDE	C	0.01%
TTSH	B	0.01%
OB	B	0.01%
ALCO	D	0.01%
SFIX	B	0.01%
UNTY	D	0.01%
NWFL	C	0.01%
HNRG	C	0.01%
COFS	B	0.01%
SSBK	C	0.01%
TSBK	C	0.01%
FRGE	F	0.01%
RLGT	C	0.01%
HIPO	D	0.01%
AVD	F	0.01%
CMPO	C	0.0%
CLPT	F	0.0%
CMAX	D	0.0%
IMRX	F	0.0%
ZVIA	F	0.0%
RBOT	F	0.0%
DTC	C	0.0%
SLND	B	0.0%
CNTY	F	0.0%
CLPR	F	0.0%
FEAM	D	0.0%
ARAY	F	0.0%
OCEA	F	0.0%
MOND	F	0.0%
EVI	F	0.0%
UONEK	F	0.0%
MAXN	F	0.0%
CRMD	D	0.0%
HRTX	C	0.0%
FLL	F	0.0%
BRCC	B	0.0%
ATOM	F	0.0%
ARL	F	0.0%
TWOU	F	0.0%
TSBX	F	0.0%
UONE	C	0.0%
EWCZ	D	0.0%
MCRB	F	0.0%
VATE	F	0.0%
UHG	D	0.0%
ACCD	F	0.0%
AADI	F	0.0%
IRBT	C	0.0%
HPK	F	0.0%
NN	D	0.0%
DSGR	D	0.0%
BHIL	F	0.0%
MITK	F	0.0%
CUTR	F	0.0%
FOA	F	0.0%
STKL	D	0.0%
GORV	F	0.0%
CARA	F	0.0%
CARM	F	0.0%
HCKT	D	0.0%
DZSI	C	0.0%
GNLX	F	0.0%
HCSG	F	0.0%
PL	D	0.0%
OPFI	B	0.0%
CIX	F	0.0%
CLMB	C	0.0%
BOWL	B	0.0%
TCI	F	0.0%
SWKH	D	0.0%
EVER	D	0.0%
ATEX	F	0.0%
RIGL	F	0.0%
EB	F	0.0%
XPOF	C	0.0%
ALVR	F	0.0%
WKHS	F	0.0%
NVEC	F	0.0%
EGRX	F	0.0%
GCMG	B	0.0%
DC	F	0.0%
OSPN	C	0.0%
MKTW	F	0.0%
ESQ	D	0.0%
AFRI	B	0.0%
VOXX	F	0.0%
AEVA	F	0.0%
METCB	F	0.0%
RLYB	F	0.0%
DLTH	D	0.0%
BFS	B	0.0%
GOCO	D	0.0%
SKIL	C	0.0%
III	F	0.0%
EVCM	B	0.0%
BTMD	B	0.0%
KZR	F	0.0%
INBX	D	0.0%
ATRA	F	0.0%
LICY	F	0.0%
VOR	F	0.0%
RGR	F	0.0%
PFMT	C	0.0%
LPRO	D	0.0%
SST	F	0.0%
CHGG	F	0.0%
BRBS	C	0.0%
NL	D	0.0%
ATXS	F	0.0%
IKNA	D	0.0%
BIRD	F	0.0%
KIDS	F	0.0%
NOTE	D	0.0%
RENT	C	0.0%
PRLD	C	0.0%
KLXE	F	0.0%
CMTL	D	0.0%
DNMR	F	0.0%
CEVA	D	0.0%
BKKT	D	0.0%
SGMT	D	0.0%
PRPL	F	0.0%
ZURA	F	0.0%
NBR	F	0.0%

IWN Underweight 107 Positions Relative to IBB

Symbol	Grade	Weight
VRTX	B	-9.2%
AMGN	B	-8.81%
REGN	A	-8.59%
GILD	F	-7.12%
MRNA	C	-4.79%
IQV	D	-3.78%
BIIB	C	-3.32%
MTD	B	-3.07%
ALNY	C	-1.97%
BNTX	F	-1.95%
ARGX	C	-1.92%
WAT	D	-1.72%
ILMN	F	-1.7%
BMRN	C	-1.53%
GMAB	F	-1.46%
INCY	B	-1.37%
BGNE	C	-1.32%
NBIX	C	-1.3%
UTHR	A	-1.23%
NTRA	B	-1.21%
TECH	C	-1.18%
SRPT	D	-1.09%
CRL	F	-1.05%
MEDP	B	-0.96%
INSM	A	-0.88%
PCVX	B	-0.74%
LEGN	F	-0.66%
EXEL	D	-0.64%
RGEN	F	-0.64%
BPMC	B	-0.63%
ITCI	C	-0.63%
ASND	D	-0.61%
HALO	B	-0.61%
BRKR	D	-0.58%
IONS	C	-0.54%
ROIV	C	-0.51%
CRSP	B	-0.51%
MDGL	B	-0.44%
KRYS	B	-0.42%
APLS	F	-0.41%
ALKS	C	-0.4%
RARE	F	-0.33%
FOLD	D	-0.3%
ARWR	C	-0.3%
AXSM	C	-0.28%
XENE	F	-0.27%
OLK	A	-0.26%
MRUS	B	-0.25%
NUVL	C	-0.24%
SWTX	F	-0.24%
ACAD	F	-0.24%
DNLI	C	-0.24%
RYTM	B	-0.23%
MOR	B	-0.23%
NVCR	C	-0.21%
FTRE	F	-0.21%
VCEL	D	-0.2%
ACLX	B	-0.2%
TXG	F	-0.19%
KYMR	D	-0.18%
GPCR	C	-0.16%
IMVT	D	-0.16%
IMCR	F	-0.16%
ZLAB	C	-0.16%
GRFS	C	-0.15%
GLPG	F	-0.14%
AKRO	C	-0.14%
KROS	F	-0.13%
MIRM	B	-0.1%
PRTA	F	-0.1%
STVN	F	-0.09%
AUTL	D	-0.09%
ARQT	D	-0.09%
BCYC	C	-0.08%
ETNB	F	-0.08%
MRVI	F	-0.08%
SMMT	C	-0.07%
ABCL	F	-0.07%
AUPH	C	-0.07%
CTKB	F	-0.07%
VRNA	C	-0.07%
CNTA	C	-0.06%
PLRX	F	-0.06%
ZNTL	F	-0.06%
DNA	F	-0.06%
FULC	C	-0.05%
EXAI	C	-0.05%
TSHA	B	-0.05%
CMPS	F	-0.04%
CVAC	D	-0.04%
VYGR	C	-0.04%
PRME	C	-0.04%
TRML	F	-0.03%
ACIU	C	-0.03%
IMMP	D	-0.03%
RVNC	F	-0.03%
AVXL	F	-0.03%
ALEC	F	-0.03%
ATAI	F	-0.02%
BMEA	F	-0.02%
NBTX	F	-0.02%
QURE	D	-0.02%
MRNS	F	-0.01%
ACRS	F	-0.01%
AMLX	F	-0.01%
VTYX	F	-0.01%
RPHM	F	-0.0%