IWN vs. IWO ETF Comparison

Comparison of iShares Russell 2000 Value ETF (IWN) to iShares Russell 2000 Growth ETF (IWO)

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

$150.94

Average Daily Volume

1,275,977

Number of Holdings ^*

1404

* may have additional holdings in another (foreign) market

IWO

iShares Russell 2000 Growth ETF

IWO Description

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

Grade (RS Rating)

Last Trade

$250.61

Average Daily Volume

533,508

Number of Holdings ^*

1060

* may have additional holdings in another (foreign) market

Performance

Period	IWN	IWO
30 Days	-4.62%	-7.12%
60 Days	-2.42%	-6.61%
90 Days	0.57%	0.41%
12 Months	17.47%	13.77%

533 Overlapping Holdings

Symbol	Grade	Weight in IWN	Weight in IWO	Overlap
ABUS	D	0.01%	0.02%	0.01%
ACCD	F	0.0%	0.05%	0.0%
ACDC	F	0.01%	0.0%	0.0%
ACIW	A	0.04%	0.25%	0.04%
ACMR	D	0.09%	0.02%	0.02%
ADEA	F	0.01%	0.08%	0.01%
ADMA	A	0.05%	0.06%	0.05%
ADPT	F	0.01%	0.02%	0.01%
ADUS	B	0.06%	0.06%	0.06%
AEO	B	0.26%	0.08%	0.08%
AESI	B	0.03%	0.01%	0.01%
AGEN	D	0.01%	0.0%	0.0%
AGM	A	0.12%	0.02%	0.02%
AGTI	B	0.0%	0.02%	0.0%
AHCO	C	0.04%	0.04%	0.04%
AI	F	0.04%	0.11%	0.04%
AIN	D	0.03%	0.19%	0.03%
ALGT	F	0.07%	0.01%	0.01%
ALPN	A	0.09%	0.11%	0.09%
AMBA	D	0.05%	0.08%	0.05%
AMR	D	0.27%	0.02%	0.02%
AMSF	F	0.04%	0.04%	0.04%
AMSWA	F	0.01%	0.02%	0.01%
AMWD	C	0.11%	0.01%	0.01%
ANAB	B	0.01%	0.02%	0.01%
ANF	C	0.22%	0.24%	0.22%
ANIP	B	0.02%	0.06%	0.02%
AORT	B	0.05%	0.01%	0.01%
APAM	D	0.06%	0.16%	0.06%
APG	B	0.21%	0.43%	0.21%
APGE	C	0.09%	0.07%	0.07%
APOG	A	0.07%	0.04%	0.04%
APPS	F	0.01%	0.0%	0.0%
ARAY	F	0.0%	0.02%	0.0%
ARCB	F	0.17%	0.11%	0.11%
ARCT	D	0.05%	0.0%	0.0%
ARDX	C	0.04%	0.08%	0.04%
ARIS	B	0.03%	0.0%	0.0%
ARLO	B	0.01%	0.07%	0.01%
AROC	B	0.18%	0.04%	0.04%
ARTNA	C	0.01%	0.02%	0.01%
ARVN	D	0.01%	0.13%	0.01%
ASGN	D	0.27%	0.1%	0.1%
ASUR	D	0.01%	0.0%	0.0%
ATEC	D	0.06%	0.04%	0.04%
ATEX	D	0.0%	0.03%	0.0%
ATLC	D	0.01%	0.0%	0.0%
ATMU	B	0.08%	0.13%	0.08%
ATNM	C	0.0%	0.01%	0.0%
ATOM	F	0.0%	0.01%	0.0%
ATRA	F	0.01%	0.0%	0.0%
ATRC	F	0.02%	0.06%	0.02%
ATXS	D	0.0%	0.03%	0.0%
AVAH	D	0.01%	0.0%	0.0%
AVBP	D	0.01%	0.01%	0.01%
AVD	C	0.02%	0.0%	0.0%
AVDX	C	0.01%	0.13%	0.01%
AVO	A	0.04%	0.01%	0.01%
AX	A	0.2%	0.03%	0.03%
BALY	B	0.02%	0.02%	0.02%
BAND	A	0.03%	0.01%	0.01%
BANF	A	0.14%	0.02%	0.02%
BBCP	F	0.01%	0.01%	0.01%
BBIO	D	0.07%	0.17%	0.07%
BBSI	A	0.0%	0.06%	0.0%
BBW	A	0.01%	0.02%	0.01%
BCML	D	0.02%	0.0%	0.0%
BCRX	D	0.02%	0.05%	0.02%
BDC	D	0.11%	0.17%	0.11%
BEAM	F	0.01%	0.13%	0.01%
BECN	A	0.44%	0.05%	0.05%
BELFB	A	0.05%	0.0%	0.0%
BFS	B	0.0%	0.03%	0.0%
BGC	A	0.12%	0.11%	0.11%
BHRB	D	0.03%	0.0%	0.0%
BIPC	D	0.27%	0.03%	0.03%
BJRI	D	0.02%	0.04%	0.02%
BLBD	D	0.07%	0.01%	0.01%
BLFS	B	0.0%	0.04%	0.0%
BLNK	F	0.0%	0.01%	0.0%
BOC	F	0.03%	0.0%	0.0%
BOOM	F	0.02%	0.01%	0.01%
BOWL	C	0.0%	0.01%	0.0%
BRBR	C	0.43%	0.16%	0.16%
BRCC	F	0.0%	0.01%	0.0%
BSIG	B	0.04%	0.02%	0.02%
BSVN	A	0.01%	0.0%	0.0%
BTBT	F	0.01%	0.0%	0.0%
BTMD	C	0.0%	0.0%	0.0%
BTSG	A	0.02%	0.03%	0.02%
BW	F	0.0%	0.0%	0.0%
CABA	D	0.0%	0.03%	0.0%
CALM	D	0.01%	0.18%	0.01%
CASH	B	0.07%	0.04%	0.04%
CASS	C	0.01%	0.04%	0.01%
CBL	D	0.01%	0.04%	0.01%
CCBG	D	0.02%	0.01%	0.01%
CCOI	D	0.08%	0.14%	0.08%
CCRN	D	0.04%	0.01%	0.01%
CCSI	F	0.01%	0.01%	0.01%
CDXS	C	0.01%	0.0%	0.0%
CEVA	D	0.0%	0.03%	0.0%
CGON	B	0.04%	0.03%	0.03%
CHCO	A	0.11%	0.01%	0.01%
CHCT	F	0.02%	0.04%	0.02%
CHGG	F	0.01%	0.05%	0.01%
CHRS	F	0.0%	0.02%	0.0%
CHUY	F	0.01%	0.03%	0.01%
CIFR	B	0.02%	0.0%	0.0%
CLAR	C	0.01%	0.0%	0.0%
CLB	D	0.04%	0.02%	0.02%
CLBK	F	0.02%	0.02%	0.02%
CLDX	C	0.14%	0.05%	0.05%
CLMB	D	0.0%	0.02%	0.0%
CLPR	D	0.0%	0.0%	0.0%
CLPT	D	0.0%	0.01%	0.0%
CLSK	B	0.28%	0.04%	0.04%
CMPO	A	0.0%	0.01%	0.0%
CMPR	D	0.06%	0.07%	0.06%
CMPX	F	0.01%	0.0%	0.0%
CMT	D	0.01%	0.0%	0.0%
CNK	D	0.03%	0.13%	0.03%
CNSL	B	0.02%	0.0%	0.0%
CNTY	D	0.0%	0.01%	0.0%
COGT	D	0.02%	0.02%	0.02%
COMP	F	0.01%	0.07%	0.01%
CPK	A	0.07%	0.12%	0.07%
CPS	B	0.01%	0.01%	0.01%
CRGX	D	0.02%	0.01%	0.01%
CRGY	F	0.04%	0.03%	0.03%
CRMD	A	0.0%	0.02%	0.0%
CRNX	A	0.19%	0.04%	0.04%
CSTL	B	0.02%	0.02%	0.02%
CSTM	D	0.08%	0.14%	0.08%
CTGO	A	0.01%	0.01%	0.01%
CTLP	F	0.01%	0.02%	0.01%
CTRE	A	0.21%	0.02%	0.02%
CTXR	F	0.01%	0.0%	0.0%
CUTR	C	0.0%	0.0%	0.0%
CVGI	F	0.01%	0.0%	0.0%
CVI	F	0.01%	0.08%	0.01%
CVLT	A	0.02%	0.32%	0.02%
CVNA	B	0.35%	0.27%	0.27%
CVRX	F	0.0%	0.01%	0.0%
CWBC	B	0.02%	0.0%	0.0%
CWCO	D	0.02%	0.01%	0.01%
CWT	A	0.14%	0.07%	0.07%
CYRX	C	0.01%	0.05%	0.01%
CYTK	D	0.04%	0.46%	0.04%
CZFS	F	0.01%	0.0%	0.0%
DAWN	A	0.01%	0.08%	0.01%
DBRG	F	0.15%	0.07%	0.07%
DC	B	0.0%	0.01%	0.0%
DCPH	A	0.04%	0.02%	0.02%
DENN	F	0.01%	0.03%	0.01%
DFH	C	0.04%	0.03%	0.03%
DFIN	B	0.04%	0.09%	0.04%
DGII	A	0.01%	0.08%	0.01%
DH	F	0.02%	0.01%	0.01%
DIN	F	0.01%	0.05%	0.01%
DIOD	B	0.05%	0.2%	0.05%
DJCO	C	0.03%	0.01%	0.01%
DNUT	F	0.06%	0.03%	0.03%
DOLE	B	0.03%	0.04%	0.03%
DSGR	B	0.0%	0.02%	0.0%
DTC	F	0.0%	0.0%	0.0%
DVAX	D	0.02%	0.1%	0.02%
DYN	C	0.08%	0.03%	0.03%
EAF	B	0.01%	0.01%	0.01%
EAT	A	0.01%	0.15%	0.01%
EB	F	0.0%	0.03%	0.0%
ECVT	F	0.06%	0.02%	0.02%
EE	A	0.01%	0.02%	0.01%
EGY	B	0.05%	0.01%	0.01%
EHTH	F	0.01%	0.0%	0.0%
EMBC	F	0.04%	0.01%	0.01%
ENS	D	0.02%	0.28%	0.02%
ENTA	D	0.02%	0.0%	0.0%
EOSE	F	0.0%	0.01%	0.0%
EPRT	A	0.29%	0.04%	0.04%
ESCA	F	0.01%	0.0%	0.0%
ESE	B	0.09%	0.12%	0.09%
ESQ	C	0.0%	0.02%	0.0%
ETRN	B	0.32%	0.13%	0.13%
EVCM	C	0.0%	0.01%	0.0%
EVER	A	0.0%	0.03%	0.0%
EVGO	F	0.01%	0.0%	0.0%
EVI	D	0.0%	0.01%	0.0%
EVLV	F	0.03%	0.01%	0.01%
EVRI	F	0.02%	0.04%	0.02%
EWCZ	D	0.0%	0.03%	0.0%
EYE	F	0.11%	0.01%	0.01%
EYPT	C	0.02%	0.03%	0.02%
FA	A	0.06%	0.01%	0.01%
FARO	C	0.03%	0.0%	0.0%
FBP	A	0.2%	0.02%	0.02%
FCPT	C	0.15%	0.02%	0.02%
FDMT	C	0.07%	0.01%	0.01%
FEAM	F	0.0%	0.0%	0.0%
FENC	D	0.01%	0.0%	0.0%
FG	B	0.05%	0.0%	0.0%
FIGS	D	0.01%	0.04%	0.01%
FIHL	B	0.07%	0.02%	0.02%
FLL	D	0.0%	0.01%	0.0%
FLNG	B	0.02%	0.04%	0.02%
FLR	A	0.03%	0.43%	0.03%
FNKO	F	0.01%	0.01%	0.01%
FSBC	F	0.01%	0.01%	0.01%
FSBW	D	0.01%	0.0%	0.0%
FSLY	D	0.02%	0.11%	0.02%
FUL	D	0.03%	0.29%	0.03%
FWRG	B	0.02%	0.02%	0.02%
GATX	C	0.33%	0.02%	0.02%
GCBC	A	0.01%	0.01%	0.01%
GCMG	A	0.0%	0.03%	0.0%
GDYN	F	0.01%	0.04%	0.01%
GERN	A	0.03%	0.11%	0.03%
GES	B	0.05%	0.01%	0.01%
GFF	C	0.09%	0.13%	0.09%
GIC	F	0.01%	0.03%	0.01%
GLNG	A	0.19%	0.01%	0.01%
GMS	C	0.2%	0.09%	0.09%
GNE	F	0.01%	0.01%	0.01%
GNLX	F	0.0%	0.0%	0.0%
GOGO	B	0.04%	0.0%	0.0%
GOOD	A	0.04%	0.01%	0.01%
GPRE	F	0.08%	0.01%	0.01%
GRBK	C	0.08%	0.04%	0.04%
GRC	D	0.05%	0.02%	0.02%
GSAT	D	0.01%	0.07%	0.01%
GTLS	D	0.2%	0.33%	0.2%
GTN	C	0.04%	0.0%	0.0%
GVA	A	0.17%	0.03%	0.03%
HASI	D	0.21%	0.02%	0.02%
HBI	F	0.05%	0.09%	0.05%
HCAT	F	0.01%	0.01%	0.01%
HCKT	D	0.0%	0.04%	0.0%
HCSG	F	0.0%	0.07%	0.0%
HDSN	F	0.03%	0.01%	0.01%
HG	C	0.02%	0.0%	0.0%
HIBB	A	0.01%	0.07%	0.01%
HL	B	0.2%	0.05%	0.05%
HLF	D	0.02%	0.05%	0.02%
HLNE	A	0.13%	0.2%	0.13%
HLVX	D	0.02%	0.01%	0.01%
HNI	C	0.14%	0.02%	0.02%
HOUS	F	0.04%	0.0%	0.0%
HPK	F	0.0%	0.01%	0.0%
HRTX	D	0.0%	0.02%	0.0%
HSHP	A	0.01%	0.0%	0.0%
HSTM	B	0.03%	0.02%	0.02%
HTBI	B	0.02%	0.01%	0.01%
HUMA	A	0.0%	0.02%	0.0%
IAUX	F	0.02%	0.0%	0.0%
IBRX	A	0.01%	0.05%	0.01%
IDT	B	0.01%	0.03%	0.01%
IDYA	C	0.07%	0.13%	0.07%
III	F	0.0%	0.01%	0.0%
IMRX	F	0.0%	0.0%	0.0%
INBX	C	0.03%	0.06%	0.03%
INDI	D	0.0%	0.06%	0.0%
INVA	A	0.06%	0.01%	0.01%
IONQ	F	0.09%	0.02%	0.02%
IOSP	C	0.03%	0.22%	0.03%
IRBT	F	0.0%	0.01%	0.0%
IRON	F	0.0%	0.02%	0.0%
IRWD	D	0.05%	0.04%	0.04%
ITI	D	0.01%	0.01%	0.01%
ITIC	A	0.01%	0.0%	0.0%
ITRI	B	0.31%	0.03%	0.03%
JANX	A	0.06%	0.0%	0.0%
JOBY	D	0.07%	0.04%	0.04%
KALU	A	0.01%	0.11%	0.01%
KE	D	0.03%	0.01%	0.01%
KGS	B	0.02%	0.01%	0.01%
KIDS	B	0.0%	0.03%	0.0%
KIND	B	0.01%	0.02%	0.01%
KLIC	F	0.06%	0.14%	0.06%
KLXE	F	0.01%	0.0%	0.0%
KNTK	A	0.1%	0.01%	0.01%
LAUR	A	0.02%	0.13%	0.02%
LBPH	B	0.03%	0.01%	0.01%
LBRT	B	0.28%	0.02%	0.02%
LCII	F	0.13%	0.08%	0.08%
LESL	F	0.06%	0.01%	0.01%
LFST	C	0.02%	0.03%	0.02%
LGF.A	A	0.03%	0.03%	0.03%
LGF.A	A	0.02%	0.06%	0.02%
LGF.A	A	0.03%	0.06%	0.03%
LGF.A	A	0.02%	0.03%	0.02%
LGIH	F	0.15%	0.01%	0.01%
LGND	C	0.08%	0.01%	0.01%
LIND	D	0.02%	0.0%	0.0%
LIVN	A	0.22%	0.02%	0.02%
LKFN	C	0.12%	0.01%	0.01%
LLAP	B	0.01%	0.0%	0.0%
LMB	B	0.03%	0.01%	0.01%
LMND	A	0.06%	0.01%	0.01%
LNW	D	0.36%	0.32%	0.32%
LPG	B	0.05%	0.07%	0.05%
LPRO	F	0.0%	0.04%	0.0%
LQDA	C	0.02%	0.04%	0.02%
LQDT	D	0.01%	0.02%	0.01%
LTH	F	0.04%	0.02%	0.02%
LXEO	F	0.01%	0.0%	0.0%
LXRX	F	0.01%	0.01%	0.01%
LYTS	A	0.01%	0.02%	0.01%
MATW	F	0.05%	0.02%	0.02%
MAX	B	0.01%	0.03%	0.01%
MAXN	F	0.0%	0.0%	0.0%
MBUU	F	0.02%	0.03%	0.02%
MC	D	0.11%	0.14%	0.11%
MCB	B	0.03%	0.0%	0.0%
MCRB	D	0.0%	0.0%	0.0%
MEC	B	0.01%	0.0%	0.0%
MGEE	A	0.11%	0.12%	0.11%
MGNI	D	0.05%	0.04%	0.04%
MGNX	C	0.05%	0.02%	0.02%
MGTX	D	0.0%	0.01%	0.0%
MGY	B	0.03%	0.34%	0.03%
MITK	D	0.0%	0.04%	0.0%
MLI	A	0.29%	0.22%	0.22%
MLNK	F	0.01%	0.03%	0.01%
MLR	B	0.04%	0.0%	0.0%
MLYS	C	0.01%	0.0%	0.0%
MMI	F	0.04%	0.02%	0.02%
MNKD	C	0.02%	0.07%	0.02%
MOD	B	0.13%	0.23%	0.13%
MOG.A	A	0.29%	0.07%	0.07%
MOND	F	0.0%	0.01%	0.0%
MORF	F	0.01%	0.08%	0.01%
MQ	D	0.18%	0.03%	0.03%
MRC	D	0.05%	0.03%	0.03%
MRSN	D	0.01%	0.02%	0.01%
MRTN	D	0.02%	0.06%	0.02%
MSGE	A	0.02%	0.11%	0.02%
MTDR	D	0.48%	0.11%	0.11%
MVBF	F	0.02%	0.0%	0.0%
MXCT	D	0.02%	0.0%	0.0%
NABL	D	0.01%	0.06%	0.01%
NAPA	F	0.03%	0.01%	0.01%
NARI	D	0.01%	0.15%	0.01%
NBR	F	0.01%	0.05%	0.01%
NBTB	A	0.12%	0.01%	0.01%
NE	D	0.07%	0.35%	0.07%
NEO	F	0.13%	0.01%	0.01%
NHI	A	0.19%	0.02%	0.02%
NJR	A	0.16%	0.18%	0.16%
NMIH	A	0.18%	0.02%	0.02%
NMRA	F	0.01%	0.01%	0.01%
NN	A	0.0%	0.04%	0.0%
NNOX	D	0.03%	0.0%	0.0%
NOG	B	0.04%	0.27%	0.04%
NOTE	F	0.0%	0.0%	0.0%
NOVA	F	0.02%	0.02%	0.02%
NTB	A	0.12%	0.01%	0.01%
NTLA	D	0.13%	0.02%	0.02%
NVAX	F	0.01%	0.03%	0.01%
NVEC	C	0.0%	0.03%	0.0%
NVEE	F	0.01%	0.09%	0.01%
NVRO	F	0.02%	0.01%	0.01%
NVTS	F	0.03%	0.01%	0.01%
NXRT	A	0.04%	0.02%	0.02%
ODC	B	0.02%	0.01%	0.01%
OI	F	0.03%	0.16%	0.03%
OLO	D	0.02%	0.02%	0.02%
OMCL	F	0.05%	0.05%	0.05%
OMER	D	0.01%	0.01%	0.01%
ONTO	B	0.1%	0.59%	0.1%
OPEN	F	0.09%	0.01%	0.01%
ORA	C	0.1%	0.18%	0.1%
ORGO	F	0.01%	0.0%	0.0%
OSCR	A	0.2%	0.02%	0.02%
OSPN	A	0.0%	0.03%	0.0%
OTTR	A	0.13%	0.15%	0.13%
OUT	B	0.1%	0.09%	0.09%
OXM	A	0.03%	0.1%	0.03%
PACB	F	0.01%	0.02%	0.01%
PAGS	C	0.07%	0.12%	0.07%
PAHC	A	0.02%	0.01%	0.01%
PAR	C	0.08%	0.01%	0.01%
PARR	F	0.09%	0.06%	0.06%
PATK	D	0.16%	0.02%	0.02%
PCT	F	0.04%	0.01%	0.01%
PDCO	F	0.13%	0.04%	0.04%
PECO	D	0.27%	0.06%	0.06%
PEPG	B	0.01%	0.0%	0.0%
PETQ	D	0.01%	0.03%	0.01%
PFMT	C	0.0%	0.01%	0.0%
PFSI	B	0.18%	0.01%	0.01%
PHAT	D	0.02%	0.01%	0.01%
PIPR	A	0.05%	0.23%	0.05%
PL	F	0.0%	0.02%	0.0%
PLBC	A	0.01%	0.0%	0.0%
PLL	F	0.01%	0.01%	0.01%
PLPC	D	0.01%	0.01%	0.01%
PLSE	D	0.01%	0.0%	0.0%
PLUS	D	0.16%	0.01%	0.01%
PLXS	A	0.02%	0.19%	0.02%
PNM	C	0.22%	0.03%	0.03%
PR	B	0.55%	0.08%	0.08%
PRG	B	0.09%	0.02%	0.02%
PRIM	A	0.18%	0.01%	0.01%
PRKS	F	0.01%	0.15%	0.01%
PRMW	A	0.2%	0.03%	0.03%
PRO	D	0.03%	0.09%	0.03%
PROK	D	0.01%	0.0%	0.0%
PSMT	A	0.05%	0.12%	0.05%
PSN	D	0.14%	0.12%	0.12%
PTCT	B	0.03%	0.12%	0.03%
PTEN	F	0.31%	0.02%	0.02%
PTGX	D	0.05%	0.08%	0.05%
PTSI	C	0.01%	0.0%	0.0%
PUBM	A	0.06%	0.01%	0.01%
PZZA	F	0.04%	0.13%	0.04%
QTRX	D	0.04%	0.01%	0.01%
RAPT	F	0.0%	0.01%	0.0%
RBOT	F	0.0%	0.0%	0.0%
RCKT	F	0.01%	0.11%	0.01%
RCKY	A	0.01%	0.0%	0.0%
RCUS	D	0.05%	0.02%	0.02%
REX	B	0.05%	0.02%	0.02%
RGCO	A	0.01%	0.0%	0.0%
RGR	B	0.0%	0.06%	0.0%
RIGL	F	0.0%	0.01%	0.0%
RIOT	F	0.06%	0.13%	0.06%
RM	B	0.01%	0.0%	0.0%
RMR	A	0.01%	0.02%	0.01%
RNAC	B	0.0%	0.0%	0.0%
RNAC	B	0.0%	0.0%	0.0%
RNAC	B	0.0%	0.0%	0.0%
RNAC	B	0.0%	0.0%	0.0%
ROCK	F	0.08%	0.1%	0.08%
ROG	C	0.04%	0.11%	0.04%
RRR	D	0.1%	0.12%	0.1%
RVMD	A	0.1%	0.3%	0.1%
RXO	F	0.02%	0.16%	0.02%
RYI	F	0.07%	0.0%	0.0%
SABR	B	0.05%	0.02%	0.02%
SAGE	F	0.0%	0.05%	0.0%
SANA	B	0.06%	0.0%	0.0%
SANM	C	0.25%	0.01%	0.01%
SBGI	C	0.03%	0.01%	0.01%
SBH	F	0.01%	0.09%	0.01%
SBOW	F	0.05%	0.01%	0.01%
SCL	D	0.13%	0.02%	0.02%
SCLX	F	0.0%	0.0%	0.0%
SEAT	F	0.02%	0.01%	0.01%
SES	F	0.01%	0.0%	0.0%
SFBS	D	0.17%	0.09%	0.09%
SFIX	F	0.01%	0.01%	0.01%
SG	B	0.03%	0.14%	0.03%
SGH	D	0.06%	0.02%	0.02%
SGMT	F	0.0%	0.0%	0.0%
SGRY	D	0.01%	0.14%	0.01%
SHCR	F	0.02%	0.0%	0.0%
SIX	D	0.03%	0.11%	0.03%
SKT	C	0.13%	0.11%	0.11%
SKWD	C	0.06%	0.02%	0.02%
SKY	D	0.15%	0.19%	0.15%
SLRN	F	0.01%	0.01%	0.01%
SNBR	F	0.01%	0.01%	0.01%
SNCY	F	0.02%	0.03%	0.02%
SNDX	C	0.02%	0.11%	0.02%
SNEX	A	0.13%	0.02%	0.02%
SOI	A	0.02%	0.0%	0.0%
SPCE	F	0.01%	0.01%	0.01%
SPNT	C	0.06%	0.01%	0.01%
SPRY	B	0.01%	0.0%	0.0%
SPXC	A	0.07%	0.35%	0.07%
SQSP	B	0.11%	0.05%	0.05%
SRI	F	0.03%	0.01%	0.01%
SSP	D	0.01%	0.01%	0.01%
STEL	F	0.09%	0.01%	0.01%
STER	D	0.03%	0.0%	0.0%
STKL	D	0.0%	0.05%	0.0%
STNE	C	0.14%	0.22%	0.14%
STR	D	0.09%	0.07%	0.07%
STRL	D	0.03%	0.21%	0.03%
SVRA	B	0.03%	0.0%	0.0%
SVV	F	0.02%	0.02%	0.02%
SXI	B	0.03%	0.13%	0.03%
SYBT	A	0.01%	0.09%	0.01%
SYNA	D	0.24%	0.02%	0.02%
TCBX	A	0.02%	0.0%	0.0%
TCX	D	0.01%	0.01%	0.01%
TDUP	F	0.01%	0.0%	0.0%
TELL	F	0.02%	0.0%	0.0%
TERN	F	0.01%	0.01%	0.01%
TEX	D	0.14%	0.19%	0.14%
THR	A	0.07%	0.01%	0.01%
THS	C	0.13%	0.02%	0.02%
TIPT	D	0.02%	0.01%	0.01%
TNC	B	0.08%	0.09%	0.08%
TREE	B	0.02%	0.01%	0.01%
TRN	A	0.14%	0.03%	0.03%
TSBX	F	0.0%	0.0%	0.0%
TVTX	F	0.0%	0.03%	0.0%
TWOU	F	0.0%	0.0%	0.0%
TYRA	B	0.01%	0.01%	0.01%
UFPI	D	0.46%	0.08%	0.08%
UMH	A	0.06%	0.01%	0.01%
UPBD	C	0.01%	0.13%	0.01%
URBN	D	0.13%	0.07%	0.07%
URGN	D	0.01%	0.03%	0.01%
UTI	B	0.04%	0.01%	0.01%
UTL	B	0.04%	0.02%	0.02%
UUUU	F	0.01%	0.06%	0.01%
UVE	A	0.03%	0.01%	0.01%
VATE	D	0.0%	0.0%	0.0%
VCTR	A	0.01%	0.1%	0.01%
VERA	C	0.07%	0.06%	0.06%
VGR	D	0.1%	0.02%	0.02%
VIAV	F	0.02%	0.12%	0.02%
VIR	F	0.05%	0.0%	0.0%
VMEO	D	0.04%	0.01%	0.01%
VRDN	D	0.01%	0.04%	0.01%
VRNT	C	0.01%	0.14%	0.01%
VRTS	D	0.11%	0.02%	0.02%
VZIO	C	0.01%	0.06%	0.01%
WABC	A	0.07%	0.03%	0.03%
WERN	D	0.15%	0.03%	0.03%
WRLD	A	0.04%	0.0%	0.0%
WWW	A	0.01%	0.06%	0.01%
XFOR	C	0.01%	0.01%	0.01%
XMTR	F	0.04%	0.01%	0.01%
XNCR	B	0.04%	0.05%	0.04%
XPOF	F	0.0%	0.02%	0.0%
XPRO	D	0.09%	0.05%	0.05%
YMAB	B	0.02%	0.02%	0.02%
ZD	F	0.15%	0.04%	0.04%
ZVIA	F	0.0%	0.0%	0.0%
ZWS	D	0.31%	0.08%	0.08%

IWN Overweight 875 Positions Relative to IWO

Symbol	Grade	Weight
CHRD	B	0.61%
MUR	B	0.53%
PBF	B	0.5%
CMC	D	0.5%
SSB	D	0.48%
CIVI	D	0.47%
TMHC	C	0.47%
MTH	A	0.46%
SM	B	0.46%
ESNT	D	0.45%
BCC	D	0.44%
JXN	A	0.42%
COOP	A	0.41%
ONB	A	0.41%
TRNO	D	0.4%
CADE	A	0.39%
SWX	A	0.37%
HOMB	A	0.37%
KRG	A	0.37%
SUM	C	0.37%
UBSI	D	0.36%
RDN	C	0.36%
ABG	D	0.36%
SIG	D	0.35%
KNF	A	0.35%
AEL	A	0.35%
POR	A	0.35%
KBH	C	0.35%
WIRE	A	0.34%
GBCI	D	0.34%
HP	D	0.33%
HWC	A	0.32%
CRC	D	0.31%
AVNT	A	0.31%
ITGR	B	0.31%
CRS	A	0.31%
UMBF	B	0.3%
ACA	D	0.3%
CNX	B	0.3%
ALIT	D	0.3%
GPI	A	0.3%
MATX	D	0.29%
BKH	A	0.29%
MAC	F	0.28%
TPH	A	0.28%
IRT	A	0.28%
PBH	B	0.28%
OGS	A	0.28%
STNG	B	0.27%
HCC	A	0.27%
GT	D	0.27%
SLG	B	0.27%
VLY	F	0.27%
ALE	A	0.27%
ESGR	C	0.27%
MHO	D	0.26%
ASB	A	0.26%
PCH	F	0.26%
KFY	D	0.26%
AMKR	C	0.26%
BXMT	D	0.26%
APLE	D	0.26%
NWE	A	0.25%
ABCB	A	0.25%
NPO	D	0.25%
SR	A	0.25%
SBRA	C	0.25%
RUSHA	F	0.24%
CNO	B	0.24%
WD	C	0.24%
SKYW	A	0.24%
IBOC	A	0.24%
AUB	D	0.23%
TCBI	D	0.23%
REZI	D	0.23%
UCBI	B	0.23%
BNL	D	0.22%
VSH	C	0.22%
IIPR	A	0.22%
AVA	A	0.22%
IOVA	C	0.22%
ABM	A	0.22%
ARCH	D	0.22%
UEC	A	0.21%
CDP	B	0.21%
BTU	F	0.21%
SITC	C	0.21%
ADNT	D	0.21%
NEOG	D	0.21%
WSFS	A	0.21%
TGNA	D	0.21%
BHVN	C	0.21%
GNW	C	0.21%
UNF	D	0.2%
GHC	C	0.2%
LXP	D	0.2%
HUBG	D	0.2%
KTOS	B	0.2%
CEIX	F	0.2%
MTX	B	0.19%
CATY	F	0.19%
SDRL	B	0.19%
HELE	F	0.19%
CCS	D	0.19%
FULT	A	0.19%
FIBK	A	0.18%
MBC	D	0.18%
MIR	B	0.18%
STRA	A	0.18%
CBU	D	0.18%
AIR	A	0.18%
CVBF	D	0.18%
SFNC	D	0.18%
ABR	B	0.18%
MODG	B	0.18%
FRME	A	0.17%
PPBI	D	0.17%
RAMP	F	0.17%
BOH	D	0.17%
SHO	D	0.17%
INDB	B	0.17%
INSW	A	0.17%
PRK	A	0.16%
WAFD	D	0.16%
TOWN	B	0.16%
BKU	A	0.16%
VSTO	A	0.16%
EBC	D	0.16%
JBLU	F	0.16%
TROX	A	0.16%
FFBC	A	0.16%
AZZ	B	0.16%
SMTC	A	0.16%
ATGE	B	0.15%
WGO	D	0.15%
CENTA	C	0.15%
PEB	D	0.15%
RNA	A	0.15%
KAR	A	0.15%
SATS	A	0.15%
EPC	B	0.15%
HLMN	C	0.15%
DK	F	0.15%
OMI	D	0.15%
EQC	D	0.15%
TALO	D	0.15%
BANC	D	0.15%
MLKN	D	0.15%
DRH	D	0.15%
ANDE	B	0.15%
UE	B	0.15%
KMT	F	0.15%
SBCF	D	0.15%
VECO	C	0.14%
CXW	C	0.14%
XRX	F	0.14%
GPOR	B	0.14%
IVT	A	0.14%
SJW	D	0.14%
AGIO	A	0.14%
UCTT	D	0.14%
RLJ	D	0.14%
B	D	0.14%
DEI	B	0.14%
AKR	A	0.14%
GEO	B	0.14%
ENVA	B	0.14%
TWST	C	0.14%
WOR	D	0.14%
FL	F	0.14%
HLX	B	0.13%
JELD	A	0.13%
DNOW	D	0.13%
TRMK	A	0.13%
DAN	B	0.13%
MYGN	C	0.13%
RNST	D	0.13%
GBX	B	0.13%
PLAB	D	0.13%
STC	A	0.13%
GOGL	A	0.13%
CDE	B	0.13%
ODP	D	0.13%
OFG	A	0.13%
WSBC	D	0.13%
EFSC	D	0.12%
CUBI	D	0.12%
IBTX	F	0.12%
CODI	D	0.12%
HMN	A	0.12%
LZB	D	0.12%
TTMI	B	0.12%
SFL	A	0.12%
WKC	D	0.12%
MCY	A	0.12%
DHT	A	0.12%
GEF	D	0.12%
XHR	D	0.12%
BANR	D	0.12%
ROIC	D	0.12%
HTLF	A	0.12%
BFH	B	0.12%
TDS	B	0.12%
TFIN	C	0.12%
ARI	D	0.12%
GNL	D	0.11%
NMRK	D	0.11%
FBNC	D	0.11%
TNK	A	0.11%
CNNE	D	0.11%
NWBI	D	0.11%
NTCT	D	0.11%
LUMN	F	0.11%
UNIT	C	0.11%
DO	F	0.11%
FCF	A	0.11%
WLY	A	0.11%
COHU	F	0.11%
NAVI	F	0.11%
NWN	A	0.11%
KN	D	0.11%
FBK	B	0.11%
RC	B	0.11%
VCYT	D	0.11%
JBGS	D	0.11%
HTH	D	0.11%
VRE	F	0.1%
PMT	A	0.1%
LADR	A	0.1%
NNI	A	0.1%
NBHC	D	0.1%
CWK	C	0.1%
BUSE	B	0.1%
UVV	A	0.1%
ESRT	C	0.1%
CAL	D	0.1%
HOPE	D	0.1%
BKD	A	0.1%
VTLE	B	0.1%
TWO	A	0.1%
GTY	B	0.1%
ELME	A	0.1%
LTC	A	0.1%
LOB	F	0.1%
KURA	C	0.1%
POWL	B	0.1%
TRS	B	0.09%
RXRX	D	0.09%
ICHR	D	0.09%
BHE	A	0.09%
PRM	B	0.09%
MFA	B	0.09%
TCBK	A	0.09%
NWLI	A	0.09%
SCSC	C	0.09%
NHC	C	0.09%
NX	D	0.09%
DEA	B	0.09%
PFS	B	0.09%
CMCO	C	0.09%
SCS	D	0.09%
EIG	C	0.09%
AIV	B	0.09%
SAFT	C	0.09%
PRDO	A	0.09%
NTST	D	0.09%
MTTR	A	0.09%
STBA	B	0.09%
GIII	C	0.09%
ALEX	C	0.09%
PRAA	C	0.08%
PLYM	D	0.08%
GABC	C	0.08%
BXC	D	0.08%
MATV	A	0.08%
TARS	C	0.08%
ASTE	D	0.08%
ECPG	F	0.08%
SLCA	A	0.08%
QCRH	D	0.08%
CSR	A	0.08%
SASR	D	0.08%
LILAK	A	0.08%
VSEC	A	0.08%
WS	F	0.08%
KW	B	0.08%
AUR	B	0.08%
BMBL	F	0.08%
WMK	D	0.08%
IMKTA	F	0.08%
VBTX	B	0.08%
PEBO	A	0.08%
FBRT	B	0.08%
BYON	F	0.08%
SVC	F	0.08%
AAT	A	0.08%
WINA	B	0.08%
NIC	D	0.08%
KOP	D	0.08%
BRKL	F	0.07%
BZH	D	0.07%
PRLB	F	0.07%
BLX	A	0.07%
HPP	F	0.07%
RPAY	B	0.07%
LBAI	B	0.07%
BRSP	D	0.07%
SRRK	C	0.07%
AXL	B	0.07%
ASPN	D	0.07%
BGS	A	0.07%
AVNS	D	0.07%
TGI	D	0.07%
SRCE	B	0.07%
PDM	B	0.07%
PGRE	B	0.07%
EFC	B	0.07%
FDP	A	0.07%
SXC	D	0.07%
OBK	A	0.07%
GNK	A	0.07%
DLX	B	0.07%
LC	B	0.07%
EWTX	B	0.07%
ACT	A	0.07%
CRK	B	0.07%
MNRO	F	0.07%
MTUS	D	0.07%
OCFC	F	0.07%
TILE	D	0.07%
SAFE	F	0.07%
ARR	D	0.07%
SCHL	F	0.07%
CIM	D	0.07%
BHLB	A	0.07%
PRA	B	0.06%
ASIX	F	0.06%
CECO	B	0.06%
AMRK	A	0.06%
DCO	A	0.06%
ETWO	A	0.06%
AHH	B	0.06%
FMBH	A	0.06%
THRY	A	0.06%
CNOB	F	0.06%
HOV	B	0.06%
BFC	D	0.06%
SAH	A	0.06%
CNXN	D	0.06%
KELYA	C	0.06%
MDXG	D	0.06%
PFC	A	0.06%
WTTR	B	0.06%
PFBC	A	0.06%
HAYN	A	0.06%
FIP	B	0.06%
ETD	D	0.06%
NAT	D	0.06%
AGX	A	0.06%
RWT	C	0.06%
SWBI	B	0.06%
MD	F	0.06%
FBMS	F	0.06%
BDN	A	0.06%
PUMP	B	0.06%
SBSI	D	0.06%
CMTG	F	0.06%
WSR	C	0.05%
FOR	D	0.05%
VTS	D	0.05%
SWI	D	0.05%
FCBC	A	0.05%
CFB	C	0.05%
KREF	D	0.05%
VVX	A	0.05%
AMTB	A	0.05%
TPC	A	0.05%
TWI	F	0.05%
HZO	F	0.05%
MBWM	B	0.05%
ACHR	D	0.05%
PTVE	A	0.05%
HSII	D	0.05%
VTOL	D	0.05%
UVSP	A	0.05%
HFWA	C	0.05%
NUS	F	0.05%
SCVL	B	0.05%
IIIN	D	0.05%
OSBC	B	0.05%
NYMT	D	0.05%
TMP	D	0.05%
MBIN	B	0.05%
ATSG	F	0.05%
NVRI	C	0.05%
AMBC	C	0.05%
DRQ	F	0.05%
RGNX	D	0.05%
AMRX	A	0.05%
HA	C	0.05%
CLW	A	0.05%
INN	D	0.05%
EGBN	F	0.05%
DX	C	0.05%
CFFN	D	0.05%
BRY	B	0.05%
ASC	A	0.05%
SMP	B	0.05%
NRIX	D	0.05%
VREX	F	0.05%
DXPE	B	0.05%
ZEUS	D	0.05%
SPTN	F	0.05%
CTBI	A	0.05%
SHEN	F	0.05%
RES	F	0.05%
REVG	A	0.05%
EU	A	0.05%
DCOM	B	0.05%
TBPH	D	0.04%
RBCAA	A	0.04%
EDIT	F	0.04%
VERV	F	0.04%
MCBS	A	0.04%
THFF	D	0.04%
CDLX	A	0.04%
MTW	F	0.04%
TK	B	0.04%
RDUS	F	0.04%
ACCO	F	0.04%
CAC	C	0.04%
ATRO	D	0.04%
DDD	F	0.04%
CLDT	F	0.04%
NKLA	F	0.04%
OFIX	F	0.04%
HVT	D	0.04%
UFCS	A	0.04%
EBF	C	0.04%
BV	A	0.04%
ZYME	D	0.04%
FMNB	D	0.04%
AOSL	D	0.04%
HAFC	B	0.04%
HTLD	D	0.04%
WASH	B	0.04%
TITN	F	0.04%
FPI	B	0.04%
PSFE	D	0.04%
CATC	C	0.04%
LASR	D	0.04%
GLDD	F	0.04%
STGW	A	0.04%
GMRE	F	0.04%
GSBC	B	0.04%
OPK	B	0.04%
PKST	F	0.04%
LEU	B	0.04%
EQBK	A	0.04%
EHAB	D	0.04%
CPF	A	0.04%
TRST	C	0.04%
IBCP	A	0.04%
UNFI	F	0.04%
CNDT	B	0.04%
HTBK	D	0.04%
MSBI	D	0.04%
CMRE	A	0.04%
BFST	D	0.04%
NR	B	0.04%
TRTX	A	0.04%
HBNC	B	0.04%
HAIN	F	0.04%
RLAY	D	0.04%
BY	A	0.04%
CCO	D	0.04%
KNSA	B	0.04%
DHC	F	0.04%
SMBK	C	0.03%
PACK	A	0.03%
RBB	A	0.03%
CRBU	F	0.03%
GLRE	A	0.03%
SHBI	D	0.03%
MOFG	D	0.03%
SB	A	0.03%
TBI	F	0.03%
TRC	A	0.03%
TAST	A	0.03%
MCS	F	0.03%
KRNY	F	0.03%
ORIC	D	0.03%
FFIC	F	0.03%
OIS	F	0.03%
LMNR	A	0.03%
CRMT	F	0.03%
TNGX	F	0.03%
JRVR	D	0.03%
SD	B	0.03%
NFBK	D	0.03%
WLDN	A	0.03%
TARO	A	0.03%
AROW	C	0.03%
ACRE	D	0.03%
DAKT	A	0.03%
KALV	B	0.03%
OSG	B	0.03%
AMCX	D	0.03%
FFWM	F	0.03%
UIS	B	0.03%
CVLG	D	0.03%
NBN	B	0.03%
RGP	F	0.03%
WVE	B	0.03%
ANIK	A	0.03%
MCBC	A	0.03%
ADTN	F	0.03%
CTO	A	0.03%
AVNW	C	0.03%
OLP	A	0.03%
CYH	A	0.03%
FATE	D	0.03%
FRPH	A	0.03%
NUVB	A	0.03%
ALRS	D	0.03%
CLNE	F	0.03%
GCI	B	0.03%
VPG	C	0.03%
MOV	D	0.03%
GDOT	B	0.03%
MEI	F	0.03%
FUBO	F	0.03%
ELVN	A	0.03%
ALT	D	0.03%
OSUR	F	0.03%
CRNC	F	0.03%
ADV	B	0.03%
DBI	F	0.03%
CENT	D	0.03%
ZIMV	D	0.03%
XPER	D	0.03%
SMBC	F	0.03%
HONE	A	0.03%
LAND	F	0.03%
ALXO	A	0.03%
NPK	A	0.03%
FCEL	F	0.03%
NTGR	B	0.03%
SAVE	F	0.03%
FLGT	F	0.03%
IVR	B	0.03%
LYEL	C	0.03%
BHB	A	0.03%
CCNE	D	0.03%
AMAL	A	0.03%
WULF	C	0.03%
RUSHB	F	0.03%
CGEM	A	0.03%
OABI	D	0.03%
CDNA	C	0.03%
SMRT	F	0.03%
LXU	B	0.03%
ORC	B	0.03%
PGC	F	0.03%
ONL	F	0.02%
HRT	A	0.02%
ACTG	A	0.02%
UNTY	A	0.02%
HOFT	F	0.02%
HYLN	B	0.02%
AFCG	A	0.02%
CBNK	D	0.02%
MG	B	0.02%
ONTF	D	0.02%
MYPS	F	0.02%
BLFY	D	0.02%
ALCO	A	0.02%
MHLD	A	0.02%
NECB	A	0.02%
ACIC	C	0.02%
PKOH	B	0.02%
PINE	D	0.02%
TNYA	C	0.02%
CVLY	B	0.02%
LE	A	0.02%
NXDT	F	0.02%
DGICA	F	0.02%
WSBF	B	0.02%
INZY	D	0.02%
LEGH	D	0.02%
JMSB	F	0.02%
IPI	D	0.02%
ASLE	F	0.02%
MPLN	F	0.02%
FNLC	D	0.02%
HLLY	F	0.02%
THRD	A	0.02%
FRGE	D	0.02%
IMMR	D	0.02%
FDBC	F	0.02%
BRT	A	0.02%
IHRT	D	0.02%
VLGEA	A	0.02%
ANGO	D	0.02%
GPRO	F	0.02%
JOUT	F	0.02%
SFST	F	0.02%
FRST	F	0.02%
ULH	A	0.02%
GRNT	B	0.02%
GPMT	F	0.02%
STRO	D	0.02%
LSEA	F	0.02%
RRBI	F	0.02%
NKTX	D	0.02%
RBBN	B	0.02%
HIPO	A	0.02%
TSVT	D	0.02%
HMST	D	0.02%
AAN	F	0.02%
HEAR	B	0.02%
LINC	A	0.02%
LOCO	F	0.02%
OBT	C	0.02%
EBTC	D	0.02%
SLQT	D	0.02%
POWW	B	0.02%
STEM	F	0.02%
REI	B	0.02%
AMPS	D	0.02%
CIVB	F	0.02%
FLWS	D	0.02%
DM	C	0.02%
AURA	D	0.02%
GNTY	D	0.02%
PANL	C	0.02%
REFI	A	0.02%
BWB	B	0.02%
HBT	C	0.02%
VNDA	A	0.02%
HBCP	B	0.02%
FLIC	F	0.02%
NEWT	F	0.02%
NRIM	B	0.02%
KRO	A	0.02%
CZNC	C	0.02%
RYAM	D	0.02%
PKE	D	0.02%
NATR	B	0.02%
BMRC	F	0.02%
LXFR	B	0.02%
CARE	C	0.02%
PSTL	D	0.02%
SLDP	B	0.02%
AMPY	B	0.02%
PFIS	D	0.02%
ITOS	B	0.02%
ZUMZ	B	0.02%
FRBA	F	0.02%
OLMA	D	0.02%
TRUE	F	0.02%
SPOK	C	0.02%
BSRR	A	0.02%
FBIZ	B	0.02%
WTBA	D	0.02%
HIFS	B	0.02%
TRDA	C	0.02%
KODK	D	0.02%
LILA	A	0.02%
FISI	D	0.02%
SENEA	A	0.02%
FMAO	A	0.02%
ORRF	A	0.02%
MBI	C	0.02%
ONEW	F	0.02%
ACNB	F	0.02%
AVIR	C	0.02%
ANNX	D	0.02%
GCO	F	0.02%
ATNI	F	0.02%
MPB	B	0.02%
CELC	D	0.02%
SMHI	F	0.02%
NWPX	D	0.02%
REPL	F	0.02%
STOK	B	0.02%
SMMF	B	0.02%
SPFI	B	0.02%
ALLO	F	0.02%
GEF	D	0.02%
LENZ	B	0.01%
GWH	D	0.01%
PNRG	A	0.01%
GRTS	F	0.01%
SST	D	0.01%
PMVP	C	0.01%
BIRD	F	0.01%
ALLK	F	0.01%
GLT	F	0.01%
BCOV	F	0.01%
BGFV	F	0.01%
DNMR	F	0.01%
IPSC	D	0.01%
PLX	F	0.01%
CPSS	B	0.01%
COOK	F	0.01%
VOR	F	0.01%
VUZI	F	0.01%
SGMO	F	0.01%
VOXX	F	0.01%
TUSK	F	0.01%
ASRT	D	0.01%
CATO	F	0.01%
PRPL	F	0.01%
PETS	F	0.01%
SNFCA	F	0.01%
PLCE	F	0.01%
KVHI	F	0.01%
IVAC	A	0.01%
ORGN	C	0.01%
WW	F	0.01%
EEX	D	0.01%
OPI	F	0.01%
SBT	D	0.01%
BCAB	B	0.01%
LICY	F	0.01%
BIG	F	0.01%
FGEN	F	0.01%
MVST	F	0.01%
DHX	C	0.01%
TSE	F	0.01%
SEER	B	0.01%
BFLY	F	0.01%
DOUG	F	0.01%
IGMS	D	0.01%
MNSB	F	0.01%
RXT	D	0.01%
KOD	D	0.01%
ACET	F	0.01%
USCB	B	0.01%
TBRG	F	0.01%
PBFS	D	0.01%
NC	F	0.01%
FCCO	D	0.01%
VABK	C	0.01%
NREF	F	0.01%
NRGV	F	0.01%
AOMR	B	0.01%
DSGN	B	0.01%
TRVI	C	0.01%
HFFG	F	0.01%
NODK	B	0.01%
NAUT	C	0.01%
JILL	D	0.01%
CFFI	D	0.01%
HNRG	F	0.01%
SWIM	F	0.01%
MASS	F	0.01%
EBS	F	0.01%
PWOD	D	0.01%
ACRV	B	0.01%
RELL	B	0.01%
SPWH	F	0.01%
TLYS	F	0.01%
STRS	B	0.01%
RMAX	F	0.01%
AMWL	F	0.01%
VEL	B	0.01%
WLFC	B	0.01%
EVBN	F	0.01%
MYFW	B	0.01%
BH	B	0.01%
WISH	D	0.01%
ESSA	C	0.01%
FF	B	0.01%
BKSY	D	0.01%
BARK	C	0.01%
GBIO	D	0.01%
QUAD	F	0.01%
BPRN	D	0.01%
PSTX	C	0.01%
GRWG	B	0.01%
WALD	F	0.01%
RSVR	A	0.01%
OCN	D	0.01%
ERAS	D	0.01%
NGVC	C	0.01%
CMCL	F	0.01%
WEYS	C	0.01%
PDLB	D	0.01%
CHMG	A	0.01%
BCBP	D	0.01%
STHO	D	0.01%
RNGR	F	0.01%
ME	D	0.01%
ZVRA	D	0.01%
OB	B	0.01%
BWFG	F	0.01%
GEVO	F	0.01%
INGN	D	0.01%
OVLY	B	0.01%
LRMR	D	0.01%
GLUE	C	0.01%
QSI	D	0.01%
GENC	A	0.01%
JAKK	F	0.01%
ATLO	A	0.01%
RLGT	F	0.01%
PKBK	C	0.01%
LCNB	D	0.01%
SSBK	B	0.01%
NWFL	D	0.01%
PCB	D	0.01%
WOW	D	0.01%
COFS	B	0.01%
TG	B	0.01%
VRA	F	0.01%
MBCN	F	0.01%
NKSH	F	0.01%
PGEN	C	0.01%
DXLG	F	0.01%
LAW	B	0.01%
FVCB	D	0.01%
TTSH	B	0.01%
TSBK	D	0.01%
OVID	F	0.01%
BLUE	F	0.01%
CIO	B	0.01%
FET	F	0.01%
XOMA	A	0.01%
SNPO	A	0.01%
CBAN	B	0.01%
BHR	A	0.01%
BLDE	A	0.01%
CMAX	F	0.0%
SLND	F	0.0%
OCEA	F	0.0%
UONEK	F	0.0%
UONE	F	0.0%
ARL	F	0.0%
DZSI	F	0.0%
RENT	C	0.0%
SKIL	F	0.0%
FOA	F	0.0%
AADI	F	0.0%
UHG	D	0.0%
GORV	F	0.0%
BKKT	F	0.0%
BHIL	F	0.0%
CARA	F	0.0%
OPFI	D	0.0%
WKHS	F	0.0%
SWKH	A	0.0%
VIGL	F	0.0%
ALVR	C	0.0%
IKNA	F	0.0%
FOSL	F	0.0%
TCI	F	0.0%
AFRI	B	0.0%
CMTL	F	0.0%
CARM	F	0.0%
GOCO	D	0.0%
BRBS	F	0.0%
AEVA	F	0.0%
METCB	D	0.0%
VHI	D	0.0%
CIX	B	0.0%
RLYB	D	0.0%
EGRX	F	0.0%
DLTH	F	0.0%
ZURA	B	0.0%
PRLD	D	0.0%
KZR	F	0.0%
MKTW	F	0.0%
NL	A	0.0%

IWN Underweight 531 Positions Relative to IWO

Symbol	Grade	Weight
SMCI	D	-3.11%
MSTR	D	-1.59%
FIX	D	-0.87%
ELF	D	-0.77%
WFRD	B	-0.67%
ITCI	B	-0.59%
AIT	D	-0.58%
FTAI	A	-0.58%
SSD	D	-0.58%
CHX	B	-0.55%
ATKR	B	-0.54%
HQY	C	-0.54%
VKTX	B	-0.53%
SFM	A	-0.53%
PCVX	C	-0.52%
ENSG	C	-0.52%
DUOL	A	-0.52%
RHP	D	-0.51%
ATI	A	-0.51%
QLYS	D	-0.51%
FN	D	-0.5%
SIGI	C	-0.5%
SPSC	B	-0.5%
RMBS	F	-0.49%
AAON	A	-0.48%
NOVT	D	-0.46%
NXT	F	-0.45%
BPMC	A	-0.45%
IBP	B	-0.45%
WTS	C	-0.45%
MTSI	A	-0.44%
BMI	A	-0.44%
TENB	D	-0.43%
CWST	D	-0.43%
NSIT	D	-0.42%
HALO	C	-0.41%
CBT	B	-0.41%
OPCH	D	-0.41%
MMS	C	-0.4%
FCFS	B	-0.4%
FSS	B	-0.4%
VRNS	D	-0.39%
FELE	D	-0.38%
GKOS	A	-0.38%
EXLS	D	-0.38%
ALTR	D	-0.37%
BCPC	C	-0.37%
HRI	D	-0.35%
MARA	D	-0.35%
TDW	B	-0.35%
LNTH	A	-0.35%
APPF	B	-0.34%
MMSI	B	-0.34%
HAE	A	-0.34%
AVAV	A	-0.34%
ASO	F	-0.34%
EXPO	A	-0.33%
VAL	D	-0.33%
TNET	F	-0.33%
COKE	C	-0.32%
SLAB	F	-0.32%
FFIN	D	-0.32%
WK	F	-0.32%
BCO	B	-0.32%
ALKS	F	-0.32%
ALTM	D	-0.32%
DY	A	-0.32%
BOX	D	-0.31%
NSP	B	-0.31%
CSWI	A	-0.3%
CBZ	D	-0.3%
SHAK	B	-0.3%
IRTC	B	-0.29%
LANC	C	-0.29%
POWI	D	-0.29%
WHD	B	-0.28%
BLKB	B	-0.28%
HI	F	-0.28%
INSM	D	-0.28%
BL	D	-0.28%
KRYS	C	-0.28%
AEIS	D	-0.28%
HGV	D	-0.28%
AXNX	B	-0.27%
VRRM	B	-0.27%
KTB	A	-0.27%
KAI	D	-0.27%
EVH	F	-0.27%
FORM	B	-0.26%
MDGL	C	-0.26%
BOOT	B	-0.26%
SMPL	A	-0.25%
WDFC	D	-0.25%
ENV	B	-0.25%
FOLD	D	-0.25%
CVCO	D	-0.25%
ALRM	C	-0.25%
ACLS	D	-0.25%
RDNT	A	-0.24%
SXT	A	-0.24%
FRSH	D	-0.24%
SHOO	D	-0.24%
CERE	A	-0.24%
SWTX	C	-0.24%
VC	D	-0.24%
QTWO	A	-0.24%
TMDX	A	-0.23%
PI	A	-0.23%
DOOR	A	-0.23%
JBT	F	-0.23%
SEM	C	-0.23%
MYRG	C	-0.22%
ARWR	D	-0.22%
RPD	F	-0.22%
RELY	F	-0.21%
PGNY	F	-0.21%
AXSM	B	-0.21%
AWR	C	-0.21%
ICFI	C	-0.21%
KWR	D	-0.21%
KOS	F	-0.21%
YELP	B	-0.21%
MGRC	D	-0.21%
MTRN	F	-0.2%
LRN	A	-0.2%
MWA	A	-0.2%
FTDR	F	-0.2%
EVTC	D	-0.2%
SPT	F	-0.2%
IDCC	D	-0.2%
PJT	D	-0.19%
ACVA	D	-0.19%
OII	D	-0.19%
STAA	B	-0.19%
DORM	C	-0.19%
BLMN	D	-0.19%
IPAR	F	-0.19%
AMN	D	-0.18%
SONO	D	-0.18%
VCEL	C	-0.18%
ROAD	D	-0.18%
SLVM	A	-0.18%
IGT	F	-0.18%
CARG	D	-0.18%
OSIS	B	-0.18%
PRGS	F	-0.18%
FLYW	F	-0.18%
JJSF	F	-0.17%
ALG	D	-0.17%
ACLX	D	-0.17%
ENR	B	-0.17%
CRVL	C	-0.17%
PRVA	F	-0.17%
RYTM	B	-0.17%
PRCT	A	-0.17%
BRZE	F	-0.17%
CRDO	F	-0.17%
CNMD	F	-0.17%
GH	F	-0.16%
GOLF	D	-0.16%
JOE	A	-0.16%
TGTX	B	-0.16%
STEP	B	-0.16%
EPAC	A	-0.16%
DOCN	C	-0.16%
PLMR	B	-0.16%
ACAD	D	-0.16%
ARRY	F	-0.15%
TBBK	F	-0.15%
CORT	C	-0.15%
CNS	D	-0.15%
PD	F	-0.15%
HEES	F	-0.15%
BE	B	-0.15%
PLAY	D	-0.15%
DNLI	D	-0.15%
CAKE	D	-0.14%
AGYS	B	-0.14%
ZETA	A	-0.14%
UPST	F	-0.14%
FOXF	F	-0.14%
HURN	F	-0.14%
BATRK	C	-0.14%
NGVT	A	-0.14%
NUVL	C	-0.14%
RXST	A	-0.13%
MXL	D	-0.13%
COUR	F	-0.13%
ASTH	C	-0.13%
LZ	C	-0.13%
CPRX	C	-0.13%
THRM	D	-0.13%
CALX	F	-0.13%
BRP	C	-0.13%
NSSC	B	-0.12%
EVBG	A	-0.12%
KYMR	C	-0.12%
DRS	D	-0.12%
SHLS	F	-0.12%
CSGS	F	-0.12%
SUPN	C	-0.12%
YOU	F	-0.12%
HWKN	A	-0.12%
APPN	C	-0.12%
DDS	B	-0.12%
UFPT	B	-0.12%
HLIO	B	-0.12%
HIMS	C	-0.12%
IMVT	D	-0.12%
USPH	C	-0.12%
AMPH	D	-0.12%
PRFT	D	-0.12%
ZUO	A	-0.11%
UTZ	A	-0.11%
LNN	B	-0.11%
SITM	D	-0.11%
OEC	B	-0.11%
CBRL	F	-0.11%
SDGR	F	-0.11%
INMD	F	-0.11%
PAYO	B	-0.11%
JAMF	A	-0.11%
EXTR	F	-0.11%
CTS	A	-0.11%
KROS	C	-0.11%
UPWK	D	-0.11%
WNC	F	-0.1%
KFRC	D	-0.1%
ASAN	D	-0.1%
PHR	F	-0.1%
PCRX	D	-0.1%
XPEL	B	-0.1%
INTA	F	-0.1%
WT	A	-0.1%
CXM	D	-0.1%
BORR	F	-0.1%
MGPI	F	-0.1%
LMAT	B	-0.1%
GSHD	D	-0.1%
JBI	B	-0.1%
AKRO	F	-0.1%
CARS	F	-0.09%
MODN	A	-0.09%
WRBY	F	-0.09%
JACK	F	-0.09%
BKE	D	-0.09%
MEG	A	-0.09%
COLL	B	-0.09%
AVPT	B	-0.09%
CHEF	C	-0.09%
SPNS	B	-0.08%
TRNS	B	-0.08%
ATEN	B	-0.08%
FLNC	B	-0.08%
CWH	F	-0.08%
INFN	C	-0.08%
SP	A	-0.08%
ALKT	A	-0.08%
PWSC	F	-0.08%
CRAI	A	-0.08%
OSW	B	-0.08%
RKLB	D	-0.08%
IESC	A	-0.08%
FIZZ	F	-0.08%
SSTK	D	-0.08%
HLIT	D	-0.08%
VITL	A	-0.07%
SAVA	B	-0.07%
HCI	A	-0.07%
ENVX	F	-0.07%
MSEX	C	-0.07%
BASE	C	-0.07%
PRTA	F	-0.07%
COCO	B	-0.07%
JBSS	D	-0.07%
TRUP	D	-0.07%
UDMY	F	-0.07%
QNST	A	-0.07%
HRMY	D	-0.07%
CENX	B	-0.07%
MCRI	C	-0.07%
PDFS	F	-0.07%
IMXI	D	-0.06%
ARQT	C	-0.06%
ZIP	F	-0.06%
ETNB	F	-0.06%
CTKB	D	-0.06%
TTGT	D	-0.06%
GDEN	F	-0.06%
NG	B	-0.06%
PLRX	D	-0.06%
VVI	D	-0.06%
SLP	A	-0.06%
ZNTL	F	-0.06%
EXPI	F	-0.06%
ERII	D	-0.06%
AMK	D	-0.06%
VICR	F	-0.06%
RVLV	C	-0.06%
IMAX	D	-0.06%
PAX	D	-0.06%
MYE	A	-0.06%
PTLO	F	-0.05%
SOUN	D	-0.05%
OCUL	D	-0.05%
YEXT	F	-0.05%
MIRM	D	-0.05%
RDFN	F	-0.05%
SIBN	F	-0.05%
PNTG	A	-0.05%
FWRD	F	-0.05%
IE	C	-0.05%
ACEL	D	-0.05%
USLM	A	-0.05%
IAS	F	-0.05%
KRUS	B	-0.05%
CDRE	C	-0.05%
AMPL	D	-0.05%
SILK	B	-0.05%
AMRC	F	-0.05%
PWP	B	-0.05%
HY	D	-0.05%
AUPH	F	-0.05%
UHT	D	-0.04%
ALHC	D	-0.04%
FNA	D	-0.04%
CCB	B	-0.04%
RICK	F	-0.04%
LWLG	F	-0.04%
RILY	B	-0.04%
CMP	F	-0.04%
ALX	B	-0.04%
NRDS	D	-0.04%
FC	B	-0.04%
CVGW	B	-0.04%
TPB	A	-0.04%
NRC	D	-0.04%
TMCI	F	-0.04%
EOLS	C	-0.04%
NEXT	A	-0.04%
USNA	D	-0.04%
PLOW	D	-0.04%
YORW	B	-0.04%
IIIV	B	-0.04%
BBUC	D	-0.04%
ATRI	A	-0.04%
MLAB	B	-0.04%
TTI	D	-0.04%
DMRC	F	-0.03%
HROW	F	-0.03%
RVNC	F	-0.03%
AGS	D	-0.03%
PX	F	-0.03%
CSV	C	-0.03%
BWMN	F	-0.03%
TH	B	-0.03%
TCMD	F	-0.03%
ARKO	F	-0.03%
MED	F	-0.03%
PBI	A	-0.03%
MCFT	F	-0.03%
BYND	F	-0.03%
ENFN	A	-0.03%
SRDX	B	-0.03%
CLFD	B	-0.03%
INST	F	-0.03%
SHYF	F	-0.03%
WEAV	D	-0.03%
ALEC	D	-0.03%
SEMR	B	-0.03%
RSI	B	-0.03%
ALNT	F	-0.03%
BIGC	F	-0.03%
GRND	A	-0.03%
SIGA	A	-0.03%
SGHC	D	-0.03%
CDMO	B	-0.03%
LAZR	F	-0.03%
CRSR	D	-0.03%
BATRA	D	-0.03%
SMMT	B	-0.03%
DHIL	B	-0.03%
ALDX	B	-0.02%
PRME	F	-0.02%
INSE	F	-0.02%
PCYO	F	-0.02%
RDVT	F	-0.02%
GBTG	A	-0.02%
ZYXI	C	-0.02%
VTYX	F	-0.02%
COMM	F	-0.02%
UTMD	F	-0.02%
BMEA	F	-0.02%
OFLX	F	-0.02%
FORR	F	-0.02%
RCEL	F	-0.02%
TWKS	F	-0.02%
XERS	F	-0.02%
WTI	F	-0.02%
DOMO	F	-0.02%
PPTA	B	-0.02%
ASTS	F	-0.02%
MNTK	F	-0.02%
REPX	F	-0.02%
CRCT	B	-0.02%
APLD	F	-0.02%
SKIN	F	-0.02%
ULCC	F	-0.02%
AVTE	D	-0.02%
ALTG	F	-0.02%
MVIS	F	-0.02%
AVXL	F	-0.02%
LUNG	D	-0.02%
VMD	C	-0.02%
DCGO	F	-0.02%
AEHR	F	-0.02%
AXGN	F	-0.02%
WEST	A	-0.02%
MODV	F	-0.02%
PBPB	F	-0.02%
EGHT	F	-0.02%
CTOS	F	-0.02%
VYGR	C	-0.02%
IRMD	D	-0.02%
CERS	D	-0.02%
SMR	B	-0.02%
LOVE	D	-0.02%
AIRS	F	-0.01%
HQI	D	-0.01%
PRTS	F	-0.01%
OTLK	D	-0.01%
KRMD	D	-0.01%
OBIO	F	-0.01%
TELA	F	-0.01%
LUNA	F	-0.01%
OPTN	F	-0.01%
PMTS	F	-0.01%
EP	F	-0.01%
SCWO	B	-0.01%
MRNS	F	-0.01%
INNV	F	-0.01%
ACRS	D	-0.01%
EXFY	F	-0.01%
PDSB	F	-0.01%
BBAI	F	-0.01%
CDZI	F	-0.01%
MPX	B	-0.01%
CCRD	B	-0.01%
ISPR	F	-0.01%
AKYA	F	-0.01%
EVEX	D	-0.01%
RRGB	D	-0.01%
KFS	A	-0.01%
AMLX	F	-0.01%
VERI	D	-0.01%
FHTX	C	-0.01%
TPIC	D	-0.01%
VTNR	D	-0.01%
KLTR	D	-0.01%
STKS	B	-0.01%
ALTI	F	-0.01%
IBEX	D	-0.01%
SGHT	B	-0.01%
SMTI	F	-0.01%
OM	D	-0.01%
KPTI	F	-0.01%
SMLR	F	-0.01%
EVC	F	-0.01%
SSTI	F	-0.01%
EGAN	C	-0.01%
INTT	F	-0.01%
SCPH	F	-0.01%
LVWR	F	-0.01%
GAMB	C	-0.01%
DSP	D	-0.01%
MLP	C	-0.01%
RMNI	F	-0.01%
VRCA	B	-0.01%
OPRX	D	-0.01%
TSQ	B	-0.01%
PAYS	A	-0.01%
INFU	F	-0.01%
TGAN	C	-0.01%
GWRS	C	-0.01%
CRD.B	B	-0.01%
MACK	A	-0.01%
LCTX	F	-0.01%
HBIO	D	-0.01%
INOD	F	-0.01%
SAMG	F	-0.01%
TTEC	F	-0.01%
QIPT	F	-0.01%
OOMA	D	-0.01%
NATH	D	-0.01%
NRDY	F	-0.01%
SKYT	C	-0.01%
SPWR	F	-0.01%
JYNT	A	-0.01%
KRT	C	-0.01%
EPM	F	-0.01%
NB	F	-0.0%
BIVI	F	-0.0%
CXAI	B	-0.0%
QRTEB	F	-0.0%
VAXX	F	-0.0%
AMPX	F	-0.0%
BGXX	F	-0.0%
LPTV	F	-0.0%
RPHM	C	-0.0%
EYEN	F	-0.0%
PIII	F	-0.0%
VLD	F	-0.0%
DFLI	C	-0.0%
FTCI	F	-0.0%
XAIR	F	-0.0%
ELA	D	-0.0%
VALU	F	-0.0%
RDW	A	-0.0%
LPSN	F	-0.0%
CMBM	F	-0.0%
NVCT	F	-0.0%
SKYX	F	-0.0%
CUE	D	-0.0%
LNZA	F	-0.0%
OMGA	F	-0.0%
PRTH	F	-0.0%
AKTS	D	-0.0%
BTAI	F	-0.0%
CURV	A	-0.0%
NDLS	F	-0.0%
MURA	F	-0.0%