IWN vs. MDYV ETF Comparison

Comparison of iShares Russell 2000 Value ETF (IWN) to SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV)

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

$150.88

Average Daily Volume

1,117,589

Number of Holdings ^*

1391

* may have additional holdings in another (foreign) market

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$72.33

Average Daily Volume

144,085

Number of Holdings ^*

285

* may have additional holdings in another (foreign) market

Performance

Period	IWN	MDYV
30 Days	0.53%	0.81%
60 Days	0.61%	0.98%
90 Days	-3.67%	-3.51%
12 Months	10.48%	8.49%

58 Overlapping Holdings

Symbol	Grade	Weight in IWN	Weight in MDYV	Overlap
ADNT	F	0.18%	0.18%	0.18%
ALE	B	0.29%	0.28%	0.28%
AMKR	B	0.35%	0.32%	0.32%
ASB	C	0.24%	0.24%	0.24%
ASGN	D	0.24%	0.32%	0.24%
AVNT	C	0.31%	0.31%	0.31%
BDC	B	0.12%	0.3%	0.12%
BKH	C	0.29%	0.3%	0.29%
BRBR	C	0.45%	0.28%	0.28%
CADE	C	0.4%	0.41%	0.4%
CMC	C	0.5%	0.49%	0.49%
CNO	C	0.25%	0.24%	0.24%
CVLT	A	0.02%	0.16%	0.02%
CYTK	D	0.03%	0.27%	0.03%
ENS	B	0.02%	0.19%	0.02%
ESNT	B	0.47%	0.47%	0.47%
ETRN	D	0.32%	0.26%	0.26%
FLR	B	0.03%	0.58%	0.03%
GATX	B	0.35%	0.23%	0.23%
GBCI	C	0.32%	0.33%	0.32%
GEF	F	0.02%	0.12%	0.02%
GEF	F	0.12%	0.12%	0.12%
GHC	D	0.19%	0.19%	0.19%
GT	F	0.25%	0.25%	0.25%
HELE	F	0.18%	0.18%	0.18%
HOMB	C	0.35%	0.35%	0.35%
HWC	C	0.32%	0.15%	0.15%
IBOC	C	0.24%	0.14%	0.14%
IRT	A	0.33%	0.33%	0.33%
KBH	B	0.38%	0.2%	0.2%
KNF	C	0.32%	0.09%	0.09%
KRG	B	0.38%	0.38%	0.38%
LIVN	C	0.22%	0.15%	0.15%
MUR	D	0.48%	0.27%	0.27%
NEOG	C	0.28%	0.25%	0.25%
NJR	C	0.16%	0.33%	0.16%
NWE	C	0.25%	0.24%	0.24%
OGS	C	0.28%	0.28%	0.28%
ONB	C	0.42%	0.42%	0.42%
ORA	C	0.11%	0.32%	0.11%
PBF	D	0.4%	0.38%	0.38%
PCH	F	0.25%	0.25%	0.25%
PNM	D	0.23%	0.26%	0.23%
POR	C	0.35%	0.35%	0.35%
SBRA	A	0.28%	0.28%	0.28%
SR	C	0.25%	0.27%	0.25%
SSB	C	0.45%	0.45%	0.45%
SWX	D	0.36%	0.34%	0.34%
SYNA	F	0.25%	0.16%	0.16%
TCBI	C	0.22%	0.22%	0.22%
TEX	D	0.12%	0.12%	0.12%
TGNA	D	0.21%	0.18%	0.18%
TMHC	C	0.45%	0.46%	0.45%
UBSI	C	0.33%	0.34%	0.33%
UMBF	C	0.29%	0.28%	0.28%
VLY	D	0.23%	0.23%	0.23%
VSH	D	0.22%	0.22%	0.22%
ZD	C	0.15%	0.2%	0.15%

IWN Overweight 1333 Positions Relative to MDYV

Symbol	Grade	Weight
CHRD	C	0.83%
CVNA	B	0.61%
PR	C	0.57%
MTH	D	0.47%
JXN	C	0.46%
MTDR	D	0.44%
UFPI	D	0.44%
CIVI	D	0.44%
CRS	B	0.42%
COOP	C	0.42%
TRNO	B	0.42%
BECN	D	0.41%
SM	D	0.4%
LNW	B	0.4%
RDN	B	0.38%
ABG	C	0.37%
BCC	F	0.37%
SUM	D	0.35%
WIRE	B	0.35%
MATX	A	0.35%
ITRI	D	0.33%
STNG	B	0.32%
ACA	D	0.32%
GPI	D	0.32%
ANF	B	0.32%
EPRT	A	0.31%
SIG	D	0.31%
CNX	C	0.3%
MOG.A	C	0.3%
ITGR	C	0.3%
MLI	C	0.29%
BIPC	B	0.29%
SLG	B	0.29%
ESGR	B	0.29%
CRC	B	0.29%
HP	D	0.28%
PBH	C	0.28%
TPH	C	0.28%
PTEN	D	0.27%
SANM	B	0.27%
RNA	B	0.27%
KFY	B	0.27%
ZWS	D	0.27%
MHO	C	0.26%
ABCB	C	0.26%
PECO	C	0.26%
MAC	C	0.26%
SKYW	B	0.26%
BXMT	C	0.25%
APLE	C	0.25%
LBRT	C	0.25%
ABM	B	0.25%
HCC	D	0.25%
AMR	F	0.24%
PRMW	C	0.24%
BNL	B	0.24%
ALIT	D	0.24%
NPO	D	0.24%
HASI	C	0.24%
WD	B	0.24%
IIPR	B	0.24%
REZI	C	0.23%
AEO	F	0.23%
AUB	C	0.23%
GLNG	A	0.23%
KTOS	B	0.23%
UCBI	C	0.23%
CEIX	B	0.23%
CLSK	C	0.22%
CTRE	C	0.22%
TWST	B	0.22%
FBP	A	0.22%
SITC	A	0.22%
GNW	D	0.22%
WSFS	A	0.22%
CDP	B	0.22%
ATGE	A	0.21%
CATY	B	0.21%
ABR	B	0.21%
OSCR	D	0.21%
APG	B	0.21%
LXP	B	0.21%
AX	C	0.21%
AVA	C	0.21%
ARCH	F	0.21%
FULT	C	0.21%
MTX	B	0.21%
HUBG	B	0.21%
STRA	C	0.2%
PRIM	C	0.2%
NHI	A	0.2%
RUSHA	F	0.2%
UNF	C	0.2%
GVA	B	0.19%
HL	D	0.19%
VECO	B	0.19%
GTLS	D	0.19%
CRNX	C	0.19%
SDRL	C	0.19%
BHVN	D	0.19%
INSW	B	0.19%
AGIO	B	0.19%
CBU	C	0.19%
AIR	A	0.19%
BTU	F	0.19%
NMIH	A	0.19%
PFSI	A	0.18%
FIBK	C	0.18%
MODG	D	0.18%
MQ	D	0.18%
BOH	D	0.18%
AZZ	D	0.18%
CVBF	C	0.18%
CCS	C	0.18%
AROC	C	0.18%
UEC	D	0.18%
EBC	C	0.17%
INDB	D	0.17%
FL	C	0.17%
UCTT	B	0.17%
UE	A	0.17%
PPBI	C	0.17%
SFNC	C	0.17%
BKU	C	0.17%
SHO	C	0.17%
MYGN	B	0.17%
MIR	B	0.17%
SATS	B	0.17%
VSTO	A	0.17%
GMS	F	0.17%
SBCF	C	0.16%
MLKN	C	0.16%
RAMP	D	0.16%
PRK	A	0.16%
TRN	B	0.16%
TTMI	B	0.16%
EQC	B	0.16%
JBLU	C	0.16%
TDS	B	0.16%
PATK	C	0.16%
CDE	B	0.16%
FCPT	B	0.16%
EPC	B	0.16%
SFBS	C	0.16%
B	B	0.16%
FFBC	C	0.16%
DEI	C	0.15%
SMTC	D	0.15%
PSN	B	0.15%
KMT	F	0.15%
HTLF	B	0.15%
HNI	C	0.15%
WAFD	C	0.15%
MBC	F	0.15%
TOWN	C	0.15%
IOVA	F	0.15%
FRME	C	0.15%
CWT	C	0.15%
WERN	D	0.15%
BFH	A	0.15%
SJW	D	0.14%
OTTR	C	0.14%
GOGL	C	0.14%
DYN	B	0.14%
PFS	D	0.14%
ENVA	C	0.14%
LGIH	F	0.14%
OFG	C	0.14%
SQSP	A	0.14%
HLMN	D	0.14%
TFIN	A	0.14%
CLDX	D	0.14%
DRH	D	0.14%
KAR	C	0.14%
TRMK	C	0.14%
NTLA	D	0.14%
SNEX	C	0.14%
AKR	A	0.14%
MOD	C	0.14%
PLUS	C	0.14%
URBN	C	0.14%
HLNE	B	0.14%
TROX	D	0.14%
DAN	F	0.13%
LZB	B	0.13%
DO	B	0.13%
NBTB	B	0.13%
DK	D	0.13%
SFL	C	0.13%
VCYT	C	0.13%
DHT	D	0.13%
ANDE	D	0.13%
SKY	F	0.13%
IBTX	B	0.13%
PEB	D	0.13%
THS	C	0.13%
GEO	C	0.13%
BANF	C	0.13%
STC	C	0.13%
BANR	B	0.13%
HLX	B	0.13%
RNST	C	0.13%
GPOR	D	0.13%
CENTA	F	0.13%
TNK	B	0.13%
TALO	D	0.13%
BANC	D	0.13%
IVT	C	0.13%
KURA	C	0.12%
RLJ	D	0.12%
COHU	B	0.12%
XHR	C	0.12%
KN	B	0.12%
DBRG	D	0.12%
MC	C	0.12%
CWK	C	0.12%
SKT	C	0.12%
ARCB	D	0.12%
PLAB	F	0.12%
WGO	F	0.12%
GBX	D	0.12%
ROIC	C	0.12%
BGC	C	0.12%
WKC	B	0.12%
ONTO	B	0.12%
NEO	D	0.12%
LCII	F	0.12%
SCL	C	0.12%
WSBC	C	0.12%
PDCO	D	0.12%
NTB	B	0.12%
KNTK	A	0.11%
NHC	A	0.11%
FBK	C	0.11%
CUBI	C	0.11%
RC	D	0.11%
MGEE	D	0.11%
HMN	D	0.11%
TWO	B	0.11%
AGM	C	0.11%
NMRK	C	0.11%
PRDO	C	0.11%
ELME	B	0.11%
NBHC	A	0.11%
FCF	C	0.11%
BHE	B	0.11%
CODI	D	0.11%
LKFN	C	0.11%
STNE	D	0.11%
RVMD	C	0.11%
CXW	D	0.11%
LTC	A	0.11%
MCY	C	0.11%
GNL	D	0.11%
BLBD	B	0.11%
HTH	C	0.11%
ARI	D	0.11%
CHCO	B	0.11%
EFSC	C	0.11%
JBGS	B	0.11%
NWBI	B	0.11%
WLY	B	0.11%
XRX	F	0.11%
DNOW	C	0.11%
WOR	F	0.11%
NAVI	D	0.1%
HOPE	C	0.1%
SCS	B	0.1%
BUSE	C	0.1%
ESRT	C	0.1%
PRG	C	0.1%
ALEX	B	0.1%
FBNC	C	0.1%
BKD	C	0.1%
STBA	B	0.1%
VGR	C	0.1%
NTCT	D	0.1%
ODP	D	0.1%
ASPN	C	0.1%
GTY	D	0.1%
LADR	A	0.1%
LILAK	A	0.1%
NNI	C	0.1%
NWN	F	0.1%
XPRO	B	0.1%
VRTS	C	0.1%
POWL	D	0.1%
MTTR	C	0.09%
EIG	C	0.09%
SPXC	B	0.09%
VBTX	C	0.09%
ICHR	C	0.09%
ADMA	A	0.09%
SCSC	C	0.09%
OUT	C	0.09%
JELD	D	0.09%
MFA	B	0.09%
GIII	F	0.09%
ESE	C	0.09%
NTST	D	0.09%
NWLI	A	0.09%
VSEC	B	0.09%
CAL	D	0.09%
LOB	D	0.09%
UVV	D	0.09%
PRM	B	0.09%
SLCA	B	0.09%
KW	C	0.09%
AIV	C	0.09%
PAR	B	0.09%
AMWD	F	0.09%
TCBK	B	0.09%
LGND	B	0.09%
VRE	D	0.09%
DEA	B	0.09%
CNNE	D	0.09%
PMT	D	0.09%
RRR	B	0.09%
ASC	B	0.08%
DLX	B	0.08%
ARR	C	0.08%
CSTM	F	0.08%
PLYM	B	0.08%
BHLB	C	0.08%
QCRH	C	0.08%
CRK	C	0.08%
CMCO	F	0.08%
GABC	A	0.08%
CASH	B	0.08%
IONQ	F	0.08%
CIM	C	0.08%
TGI	B	0.08%
AUR	C	0.08%
IMKTA	F	0.08%
NRIX	B	0.08%
WINA	F	0.08%
MGNI	B	0.08%
GRBK	B	0.08%
OPEN	F	0.08%
EWTX	C	0.08%
WS	C	0.08%
OMI	F	0.08%
STEL	D	0.08%
GFF	D	0.08%
PEBO	C	0.08%
SASR	B	0.08%
WMK	D	0.08%
VTLE	D	0.08%
CSR	B	0.08%
BMBL	D	0.08%
TRS	D	0.08%
LUMN	F	0.08%
RXRX	D	0.08%
NIC	C	0.08%
FBRT	B	0.08%
AAT	B	0.08%
STR	C	0.08%
SAFT	D	0.08%
AOSL	A	0.07%
AORT	A	0.07%
CPK	C	0.07%
WTTR	B	0.07%
TILE	D	0.07%
NAT	C	0.07%
FIP	B	0.07%
PARR	D	0.07%
PGRE	D	0.07%
RWT	B	0.07%
INVA	B	0.07%
WABC	C	0.07%
SRCE	C	0.07%
MTUS	D	0.07%
TNC	D	0.07%
NE	D	0.07%
PDM	B	0.07%
APOG	C	0.07%
OCFC	C	0.07%
RPAY	B	0.07%
CCOI	D	0.07%
BBIO	F	0.07%
LC	D	0.07%
OBK	C	0.07%
APGE	D	0.07%
GNK	C	0.07%
AVNS	C	0.07%
THR	C	0.07%
SCHL	D	0.07%
ACT	C	0.07%
MATV	D	0.07%
ACMR	D	0.07%
EFC	B	0.07%
SGH	B	0.07%
PAGS	D	0.07%
ATMU	C	0.07%
EYE	D	0.07%
AGX	B	0.07%
ROCK	F	0.07%
ECPG	D	0.07%
TPC	B	0.07%
ADUS	B	0.07%
SAFE	C	0.07%
NX	F	0.07%
JOBY	D	0.07%
APAM	C	0.06%
HZO	C	0.06%
LMND	D	0.06%
DCOM	C	0.06%
ATSG	D	0.06%
DHC	B	0.06%
VIR	F	0.06%
PFC	C	0.06%
FMBH	C	0.06%
ALGT	F	0.06%
VERA	D	0.06%
FIHL	D	0.06%
CNXN	C	0.06%
TARS	D	0.06%
BRKL	D	0.06%
CMTG	D	0.06%
HAYN	C	0.06%
ETWO	D	0.06%
PRAA	F	0.06%
AHH	C	0.06%
KOP	F	0.06%
FDP	F	0.06%
FBMS	C	0.06%
BRSP	D	0.06%
CDNA	B	0.06%
SBSI	C	0.06%
BDN	D	0.06%
PFBC	C	0.06%
BFC	C	0.06%
CMRE	B	0.06%
UNFI	C	0.06%
FA	C	0.06%
KLIC	B	0.06%
SKWD	C	0.06%
DCO	B	0.06%
MDXG	D	0.06%
BXC	F	0.06%
UMH	B	0.06%
SHEN	D	0.06%
AMRX	C	0.06%
SBOW	B	0.06%
PRLB	D	0.06%
FDMT	D	0.06%
AXL	D	0.06%
VTOL	B	0.06%
BLX	C	0.06%
REVG	C	0.06%
SXC	D	0.06%
SAH	D	0.06%
PUMP	D	0.06%
SPNT	D	0.06%
AMBA	C	0.06%
GPRE	F	0.06%
IDYA	F	0.06%
CECO	A	0.06%
CLW	C	0.06%
SVC	D	0.06%
BZH	F	0.06%
RCUS	D	0.05%
MLR	C	0.05%
HBI	C	0.05%
AMBC	D	0.05%
VREX	F	0.05%
GLDD	B	0.05%
BY	B	0.05%
HTLD	C	0.05%
FOR	D	0.05%
ACIW	A	0.05%
GOGO	D	0.05%
EGY	C	0.05%
CNDT	D	0.05%
LPG	D	0.05%
ASIX	D	0.05%
TRTX	A	0.05%
DXPE	D	0.05%
LTH	B	0.05%
BHRB	D	0.05%
RLAY	D	0.05%
OMCL	F	0.05%
VTS	B	0.05%
KNSA	C	0.05%
HAIN	D	0.05%
HFWA	C	0.05%
NR	B	0.05%
MD	F	0.05%
INN	D	0.05%
AMRK	D	0.05%
PSMT	C	0.05%
MBWM	B	0.05%
SWI	B	0.05%
ETD	D	0.05%
FCBC	B	0.05%
HSII	C	0.05%
DRQ	D	0.05%
CLB	B	0.05%
NXRT	B	0.05%
CFB	B	0.05%
BELFB	B	0.05%
HA	D	0.05%
MBIN	C	0.05%
DNUT	F	0.05%
PRA	F	0.05%
OSBC	C	0.05%
BGS	D	0.05%
TMP	D	0.05%
SPTN	F	0.05%
EMBC	C	0.05%
GRC	B	0.05%
UVSP	A	0.05%
ECVT	D	0.05%
GCI	A	0.05%
WSR	A	0.05%
CTBI	C	0.05%
DX	C	0.05%
UNIT	F	0.05%
EU	F	0.05%
JANX	D	0.05%
CNOB	D	0.05%
FG	D	0.05%
KELYA	D	0.05%
PIPR	A	0.05%
HPP	F	0.05%
ASTE	F	0.05%
PUBM	D	0.05%
SABR	F	0.05%
WULF	B	0.05%
SWBI	F	0.05%
SCVL	B	0.05%
CMPR	C	0.05%
NVRI	B	0.05%
CFFN	B	0.05%
PTGX	B	0.05%
HOV	D	0.05%
LESL	F	0.05%
MNRO	D	0.05%
DIOD	D	0.05%
MRC	C	0.05%
LAND	B	0.04%
LXU	F	0.04%
FUL	D	0.04%
RBCAA	C	0.04%
GDOT	F	0.04%
PTVE	F	0.04%
CGEM	D	0.04%
HONE	B	0.04%
SMRT	D	0.04%
ZIMV	B	0.04%
IVR	B	0.04%
STRL	B	0.04%
AHCO	C	0.04%
WRLD	D	0.04%
MMI	D	0.04%
CLNE	C	0.04%
AMAL	A	0.04%
ZYME	D	0.04%
CAC	C	0.04%
MSBI	D	0.04%
GOOD	B	0.04%
GSBC	B	0.04%
MCBS	A	0.04%
HTBK	C	0.04%
SANA	F	0.04%
PTCT	C	0.04%
OFIX	D	0.04%
RGNX	F	0.04%
HAFC	C	0.04%
BRY	D	0.04%
SRRK	F	0.04%
UTI	C	0.04%
SIX	B	0.04%
OSG	A	0.04%
EQBK	A	0.04%
XNCR	F	0.04%
LASR	F	0.04%
RYI	F	0.04%
IBCP	C	0.04%
FPI	B	0.04%
GES	F	0.04%
BFST	C	0.04%
DAKT	B	0.04%
TRST	C	0.04%
CATC	B	0.04%
OPK	F	0.04%
VMEO	D	0.04%
IRWD	F	0.04%
HBNC	C	0.04%
CCO	D	0.04%
ARDX	C	0.04%
REX	D	0.04%
ARCT	F	0.04%
LEU	F	0.04%
EGBN	D	0.04%
ACHR	F	0.04%
RES	F	0.04%
NYMT	F	0.04%
KREF	F	0.04%
NUS	F	0.04%
EBF	B	0.04%
RIOT	F	0.04%
ELVN	B	0.04%
GMRE	B	0.04%
ATRO	B	0.04%
PCT	C	0.04%
MATW	F	0.04%
BV	B	0.04%
THRY	F	0.04%
CPF	A	0.04%
VVX	C	0.04%
AMTB	C	0.04%
IIIN	D	0.04%
BYON	F	0.04%
AI	B	0.04%
SG	B	0.04%
STGW	C	0.04%
CRGY	B	0.04%
ROG	C	0.04%
GERN	C	0.04%
SMP	F	0.04%
TK	B	0.04%
UTL	C	0.04%
ATEC	D	0.04%
PSFE	B	0.04%
SPFI	C	0.03%
MOFG	B	0.03%
KRNY	D	0.03%
HOUS	F	0.03%
COGT	C	0.03%
RBB	C	0.03%
ANNX	C	0.03%
MXCT	F	0.03%
ONEW	B	0.03%
HDSN	F	0.03%
VNDA	C	0.03%
NWPX	C	0.03%
SVRA	D	0.03%
AVNW	F	0.03%
CSTL	D	0.03%
SMHI	B	0.03%
MEI	F	0.03%
ALRS	D	0.03%
AIN	D	0.03%
LGF.A	D	0.03%
TREE	D	0.03%
PLXS	C	0.03%
TITN	F	0.03%
SRI	D	0.03%
PZZA	F	0.03%
SHBI	C	0.03%
HTBI	B	0.03%
ALT	F	0.03%
CARE	B	0.03%
GLRE	B	0.03%
FFIC	B	0.03%
TRC	C	0.03%
ACRE	C	0.03%
RYAM	B	0.03%
IOSP	C	0.03%
OABI	F	0.03%
SBGI	C	0.03%
FUBO	F	0.03%
HVT	F	0.03%
TWI	F	0.03%
CRMT	F	0.03%
LMNR	C	0.03%
WLDN	C	0.03%
NFBK	D	0.03%
OXM	D	0.03%
LILA	B	0.03%
XPER	D	0.03%
NOVA	D	0.03%
RUSHB	F	0.03%
SMBK	B	0.03%
VPG	F	0.03%
UVE	C	0.03%
PRO	D	0.03%
RGP	D	0.03%
FRPH	D	0.03%
WVE	F	0.03%
LBPH	B	0.03%
SXI	D	0.03%
DFH	D	0.03%
MTW	D	0.03%
MOV	F	0.03%
PGC	D	0.03%
CENT	F	0.03%
STOK	C	0.03%
NPK	D	0.03%
ANIK	D	0.03%
EBS	B	0.03%
AROW	B	0.03%
PKST	F	0.03%
NVTS	F	0.03%
MCB	C	0.03%
TNGX	C	0.03%
SLQT	B	0.03%
DOLE	C	0.03%
CTO	A	0.03%
RDUS	F	0.03%
ITOS	C	0.03%
XMTR	F	0.03%
KALV	C	0.03%
RXO	A	0.03%
MCBC	A	0.03%
OLP	B	0.03%
CCRN	F	0.03%
SB	B	0.03%
CGON	F	0.03%
NOG	D	0.03%
EDIT	F	0.03%
CNK	A	0.03%
QTRX	F	0.03%
NBN	B	0.03%
ADTN	D	0.03%
HSTM	B	0.03%
KE	D	0.03%
CLDT	D	0.03%
GTN	D	0.03%
CYH	D	0.03%
SAVE	F	0.03%
CVLG	B	0.03%
AMSF	D	0.03%
TBPH	F	0.03%
SHCR	B	0.03%
DDD	F	0.03%
AVO	F	0.03%
FLGT	F	0.03%
THFF	C	0.03%
BHB	C	0.03%
SMBC	B	0.03%
DFIN	D	0.03%
STER	C	0.03%
ARIS	C	0.03%
TELL	C	0.03%
REPL	C	0.03%
SD	D	0.03%
NTGR	B	0.03%
LMB	B	0.03%
ORC	B	0.03%
CCNE	C	0.03%
ACCO	D	0.03%
ZEUS	F	0.03%
EHAB	D	0.03%
WASH	C	0.03%
BSIG	C	0.03%
NUVB	D	0.03%
FMNB	C	0.03%
DJCO	B	0.03%
UFCS	C	0.03%
LQDA	D	0.02%
LRMR	D	0.02%
ACTG	D	0.02%
TTSH	B	0.02%
TSVT	F	0.02%
SFIX	B	0.02%
DGICA	D	0.02%
PSTX	C	0.02%
INGN	C	0.02%
OB	B	0.02%
HRT	A	0.02%
COFS	B	0.02%
MHLD	D	0.02%
OLO	F	0.02%
DXLG	C	0.02%
UNTY	C	0.02%
NGVC	B	0.02%
TSBK	B	0.02%
PGEN	C	0.02%
RXT	B	0.02%
CIO	B	0.02%
RLGT	C	0.02%
AFCG	B	0.02%
LQDT	B	0.02%
HG	B	0.02%
BOOM	C	0.02%
MSGE	D	0.02%
NVRO	F	0.02%
ACIC	D	0.02%
HMST	B	0.02%
REI	D	0.02%
PINE	B	0.02%
FDBC	F	0.02%
CBNK	D	0.02%
NATR	D	0.02%
ONL	D	0.02%
BLDE	C	0.02%
MVBF	D	0.02%
BLFY	C	0.02%
FRST	D	0.02%
BTSG	C	0.02%
NKLA	F	0.02%
MRTN	C	0.02%
CVLY	B	0.02%
CBAN	B	0.02%
BRT	C	0.02%
BCML	C	0.02%
INZY	F	0.02%
VLGEA	C	0.02%
GRNT	D	0.02%
PKOH	C	0.02%
CHCT	D	0.02%
JMSB	D	0.02%
FLIC	D	0.02%
ANIP	C	0.02%
ASLE	F	0.02%
ANGO	D	0.02%
HSHP	B	0.02%
SOI	D	0.02%
NECB	A	0.02%
SFST	D	0.02%
WSBF	B	0.02%
SNCY	D	0.02%
AGEN	C	0.02%
ALLO	F	0.02%
ENTA	C	0.02%
EVGO	C	0.02%
FWRG	F	0.02%
ODC	F	0.02%
FNLC	B	0.02%
EBTC	D	0.02%
RRBI	C	0.02%
RCKY	B	0.02%
HEAR	D	0.02%
DVAX	F	0.02%
EVLV	F	0.02%
CWBC	C	0.02%
BARK	B	0.02%
LEGH	B	0.02%
LYEL	F	0.02%
CIVB	C	0.02%
ATNI	D	0.02%
PKE	D	0.02%
BWB	C	0.02%
LFST	F	0.02%
YMAB	D	0.02%
EVRI	C	0.02%
TCBX	C	0.02%
AMPY	C	0.02%
PAHC	C	0.02%
MBI	D	0.02%
PHAT	C	0.02%
REFI	B	0.02%
CCBG	B	0.02%
BTBT	B	0.02%
AURA	D	0.02%
FLWS	C	0.02%
THRD	C	0.02%
IPI	D	0.02%
PSTL	D	0.02%
GNTY	B	0.02%
CZNC	D	0.02%
OI	F	0.02%
HYLN	B	0.02%
BMRC	D	0.02%
OBT	B	0.02%
SPOK	D	0.02%
HBT	B	0.02%
CLBK	D	0.02%
WOW	B	0.02%
HIFS	C	0.02%
HLVX	B	0.02%
VIAV	F	0.02%
SLDP	D	0.02%
AVIR	F	0.02%
MNKD	B	0.02%
EAT	B	0.02%
ORIC	F	0.02%
UIS	D	0.02%
ULH	D	0.02%
NVAX	C	0.02%
SNDX	D	0.02%
CWCO	D	0.02%
AMPS	D	0.02%
MBUU	F	0.02%
FLNG	B	0.02%
OIS	D	0.02%
ORRF	C	0.02%
FRBA	C	0.02%
GCO	D	0.02%
FARO	F	0.02%
KRO	C	0.02%
PACK	D	0.02%
HBCP	B	0.02%
FATE	F	0.02%
TRUE	C	0.02%
MCS	D	0.02%
HLF	D	0.02%
LINC	C	0.02%
JRVR	F	0.02%
BCRX	B	0.02%
ADV	D	0.02%
SEAT	C	0.02%
SENEA	D	0.02%
PANL	B	0.02%
MGY	C	0.02%
RBBN	C	0.02%
FISI	B	0.02%
NNOX	F	0.02%
WTBA	B	0.02%
AMCX	F	0.02%
FBIZ	B	0.02%
TIPT	D	0.02%
FCEL	F	0.02%
LAUR	C	0.02%
BOC	F	0.02%
BSRR	A	0.02%
ACNB	B	0.02%
IMMR	C	0.02%
NEWT	D	0.02%
CELC	C	0.02%
BJRI	B	0.02%
KGS	C	0.02%
NAPA	F	0.02%
AESI	D	0.02%
DBI	F	0.02%
LIND	B	0.02%
CDLX	F	0.02%
CNSL	B	0.02%
FMAO	B	0.02%
AAN	B	0.02%
PFIS	B	0.02%
BAND	D	0.02%
KODK	C	0.02%
TRDA	D	0.02%
TBI	F	0.02%
ATRC	D	0.02%
OLMA	C	0.02%
OSUR	F	0.02%
LOCO	B	0.02%
MPB	C	0.02%
VERV	F	0.02%
FFWM	D	0.02%
LXFR	B	0.02%
ZUMZ	B	0.02%
NRIM	B	0.02%
KLXE	F	0.01%
BCAB	F	0.01%
PMVP	F	0.01%
BBSI	B	0.01%
DNMR	F	0.01%
WW	F	0.01%
NBR	D	0.01%
GRTS	F	0.01%
AMSWA	D	0.01%
BLFS	B	0.01%
VIGL	D	0.01%
CVI	F	0.01%
CASS	F	0.01%
SPCE	F	0.01%
SBH	D	0.01%
BBW	D	0.01%
BGFV	F	0.01%
ARVN	D	0.01%
NOTE	C	0.01%
ACET	F	0.01%
SKIL	B	0.01%
EE	B	0.01%
BLNK	F	0.01%
NMRA	D	0.01%
ALLK	F	0.01%
FOSL	C	0.01%
LENZ	C	0.01%
ACRV	F	0.01%
FIGS	D	0.01%
LLAP	F	0.01%
GLT	D	0.01%
KALU	D	0.01%
PNRG	B	0.01%
CTXR	F	0.01%
ITI	D	0.01%
CHUY	F	0.01%
LXEO	C	0.01%
TUSK	F	0.01%
KOD	F	0.01%
RNAC	C	0.01%
EAF	F	0.01%
PROK	D	0.01%
BW	D	0.01%
DAWN	D	0.01%
FENC	F	0.01%
ANAB	B	0.01%
COOK	C	0.01%
PLX	D	0.01%
GWH	C	0.01%
URGN	C	0.01%
GIC	F	0.01%
CPSS	B	0.01%
CMTL	D	0.01%
LXRX	D	0.01%
SSP	D	0.01%
VZIO	B	0.01%
PETS	F	0.01%
ARTNA	F	0.01%
VUZI	F	0.01%
MRSN	F	0.01%
TSE	F	0.01%
PTSI	D	0.01%
AVBP	C	0.01%
KVHI	F	0.01%
DGII	D	0.01%
EHTH	F	0.01%
DENN	D	0.01%
DHX	F	0.01%
IGMS	F	0.01%
AVAH	B	0.01%
QSI	F	0.01%
EEX	D	0.01%
AMWL	F	0.01%
SPWH	F	0.01%
PETQ	B	0.01%
BSVN	B	0.01%
SBT	C	0.01%
SNBR	F	0.01%
UPBD	D	0.01%
OPI	F	0.01%
CATO	C	0.01%
NRGV	F	0.01%
FGEN	F	0.01%
TERN	C	0.01%
GCBC	B	0.01%
CMPX	F	0.01%
LYTS	D	0.01%
WWW	B	0.01%
TDUP	F	0.01%
DOUG	F	0.01%
BCOV	C	0.01%
GLUE	F	0.01%
PLCE	F	0.01%
SNFCA	B	0.01%
SEER	F	0.01%
IVAC	D	0.01%
ADPT	C	0.01%
NABL	A	0.01%
PRKS	C	0.01%
GSAT	D	0.01%
APPS	F	0.01%
IHRT	F	0.01%
TCX	D	0.01%
CMT	F	0.01%
DSGN	D	0.01%
NAUT	F	0.01%
WALD	F	0.01%
MASS	F	0.01%
TLYS	D	0.01%
CRNC	F	0.01%
GDYN	D	0.01%
SCLX	C	0.01%
SWIM	D	0.01%
PLL	F	0.01%
ORGN	D	0.01%
FNKO	C	0.01%
ATLC	C	0.01%
NODK	B	0.01%
ASRT	C	0.01%
LICY	D	0.01%
ESCA	D	0.01%
MVST	D	0.01%
NREF	B	0.01%
PEPG	C	0.01%
TG	D	0.01%
RMR	F	0.01%
TRVI	C	0.01%
NC	F	0.01%
CTLP	C	0.01%
HFFG	D	0.01%
BKSY	F	0.01%
DM	F	0.01%
MNSB	C	0.01%
BFLY	F	0.01%
FCCO	C	0.01%
IDT	C	0.01%
GBIO	D	0.01%
VCTR	D	0.01%
PBFS	B	0.01%
GNE	F	0.01%
BH	C	0.01%
USCB	A	0.01%
PLSE	B	0.01%
ARLO	B	0.01%
FF	C	0.01%
JAKK	F	0.01%
UUUU	D	0.01%
VRDN	D	0.01%
RSVR	C	0.01%
TNYA	F	0.01%
LAW	D	0.01%
NVEE	D	0.01%
TYRA	D	0.01%
GRWG	F	0.01%
CRBU	F	0.01%
CCSI	D	0.01%
LOGC	B	0.01%
AOMR	A	0.01%
ME	F	0.01%
CZFS	D	0.01%
SES	F	0.01%
CVGI	F	0.01%
TBRG	D	0.01%
GEVO	F	0.01%
MYFW	D	0.01%
VRNT	C	0.01%
ESSA	C	0.01%
PWOD	B	0.01%
ABUS	B	0.01%
VEL	B	0.01%
CPS	D	0.01%
ACDC	F	0.01%
STRS	B	0.01%
COMP	D	0.01%
GPMT	F	0.01%
MORF	B	0.01%
EYPT	F	0.01%
RELL	B	0.01%
HOFT	D	0.01%
CMCL	F	0.01%
RGCO	C	0.01%
SVV	F	0.01%
EVBN	B	0.01%
CALM	B	0.01%
OMER	B	0.01%
SPRY	D	0.01%
VABK	B	0.01%
POWW	F	0.01%
RMAX	D	0.01%
LCNB	D	0.01%
BPRN	B	0.01%
PACB	F	0.01%
FSLY	F	0.01%
ASUR	B	0.01%
SLRN	D	0.01%
JILL	B	0.01%
HCAT	F	0.01%
ALXO	F	0.01%
STHO	D	0.01%
ADEA	C	0.01%
RCKT	F	0.01%
RNGR	C	0.01%
FRGE	F	0.01%
CBL	B	0.01%
QUAD	B	0.01%
FET	F	0.01%
AVDX	B	0.01%
OVLY	D	0.01%
MPLN	F	0.01%
STEM	F	0.01%
PLBC	C	0.01%
CHMG	B	0.01%
VRA	D	0.01%
BALY	D	0.01%
BWFG	C	0.01%
MLYS	D	0.01%
IBRX	D	0.01%
XOMA	D	0.01%
ORGO	D	0.01%
PLPC	F	0.01%
HNRG	C	0.01%
GPRO	F	0.01%
SYBT	B	0.01%
CIFR	C	0.01%
WEYS	B	0.01%
CFFI	C	0.01%
HIBB	A	0.01%
SGRY	F	0.01%
NXDT	D	0.01%
BHR	D	0.01%
DH	F	0.01%
BCBP	C	0.01%
NKSH	F	0.01%
KIND	B	0.01%
LGF.A	D	0.01%
PDLB	B	0.01%
PCB	C	0.01%
FVCB	D	0.01%
ZVRA	D	0.01%
ATLO	C	0.01%
ONTF	D	0.01%
MEC	B	0.01%
MBCN	D	0.01%
BEAM	D	0.01%
FSBC	B	0.01%
MG	C	0.01%
PKBK	C	0.01%
MGNX	F	0.01%
NARI	C	0.01%
NKTX	F	0.01%
MYPS	F	0.01%
CDXS	D	0.01%
CRGX	F	0.01%
BLUE	D	0.01%
STRO	F	0.01%
NWFL	C	0.01%
JOUT	D	0.01%
ITIC	B	0.01%
LSEA	F	0.01%
CLAR	C	0.01%
FSBW	B	0.01%
HIPO	D	0.01%
AVD	F	0.01%
MLNK	B	0.01%
ALCO	D	0.01%
GENC	C	0.01%
IAUX	F	0.01%
WLFC	A	0.01%
ERAS	C	0.01%
HLLY	F	0.01%
RM	C	0.01%
LE	D	0.01%
SSBK	B	0.01%
RNAC	C	0.0%
CLPT	F	0.0%
CMPO	C	0.0%
IMRX	F	0.0%
ZVIA	F	0.0%
RBOT	F	0.0%
CMAX	F	0.0%
SLND	D	0.0%
MAXN	F	0.0%
CLPR	D	0.0%
OCEA	F	0.0%
DTC	C	0.0%
EVI	D	0.0%
FEAM	F	0.0%
CNTY	F	0.0%
ARAY	D	0.0%
CARA	F	0.0%
CRMD	D	0.0%
TWOU	F	0.0%
UONEK	F	0.0%
MOND	D	0.0%
HRTX	B	0.0%
WKHS	F	0.0%
FLL	D	0.0%
UONE	F	0.0%
BRCC	C	0.0%
RAPT	F	0.0%
EWCZ	F	0.0%
ARL	D	0.0%
GORV	F	0.0%
ATOM	F	0.0%
CUTR	F	0.0%
TSBX	F	0.0%
IRBT	F	0.0%
AADI	F	0.0%
MCRB	F	0.0%
ACCD	F	0.0%
HPK	D	0.0%
CABA	F	0.0%
VATE	F	0.0%
DSGR	F	0.0%
BHIL	F	0.0%
DZSI	F	0.0%
UHG	F	0.0%
MITK	F	0.0%
GNLX	F	0.0%
ATRA	F	0.0%
IRON	C	0.0%
NN	C	0.0%
STKL	D	0.0%
CHRS	F	0.0%
HCKT	D	0.0%
FOA	F	0.0%
CARM	D	0.0%
PL	F	0.0%
RIGL	F	0.0%
EB	F	0.0%
EVER	D	0.0%
TCI	F	0.0%
SWKH	C	0.0%
HUMA	D	0.0%
CIX	D	0.0%
HCSG	D	0.0%
NVEC	D	0.0%
OPFI	B	0.0%
VOXX	F	0.0%
DC	D	0.0%
ALVR	F	0.0%
MKTW	F	0.0%
AEVA	F	0.0%
TVTX	C	0.0%
OSPN	B	0.0%
GCMG	C	0.0%
MGTX	F	0.0%
BOWL	B	0.0%
CLMB	B	0.0%
CYRX	F	0.0%
RENT	D	0.0%
INBX	D	0.0%
OVID	F	0.0%
AFRI	D	0.0%
GOCO	F	0.0%
ESQ	C	0.0%
RLYB	F	0.0%
ATEX	C	0.0%
SAGE	F	0.0%
LPRO	F	0.0%
CHGG	F	0.0%
KZR	F	0.0%
XFOR	F	0.0%
VOR	F	0.0%
METCB	D	0.0%
BFS	C	0.0%
III	F	0.0%
DLTH	F	0.0%
NL	D	0.0%
BRBS	D	0.0%
SST	F	0.0%
SGMT	F	0.0%
PFMT	C	0.0%
RGR	F	0.0%
BIG	F	0.0%
XPOF	B	0.0%
PRLD	D	0.0%
IKNA	D	0.0%
ZURA	F	0.0%
KIDS	F	0.0%
PRPL	F	0.0%
EGRX	C	0.0%
EVCM	B	0.0%
ATXS	D	0.0%
MAX	F	0.0%
CEVA	D	0.0%
VHI	B	0.0%
BTMD	B	0.0%
INDI	D	0.0%
SGMO	F	0.0%
CTGO	D	0.0%
IPSC	F	0.0%
BBCP	F	0.0%
BKKT	C	0.0%
DIN	F	0.0%
BIRD	F	0.0%

IWN Underweight 228 Positions Relative to MDYV

Symbol	Grade	Weight
ILMN	F	-1.34%
THC	B	-1.07%
RGA	B	-1.07%
FNF	C	-1.01%
WPC	D	-0.96%
USFD	B	-0.95%
BJ	B	-0.92%
ALLY	B	-0.86%
PFGC	D	-0.83%
JLL	B	-0.77%
COHR	B	-0.75%
AR	D	-0.75%
CHK	D	-0.73%
RRX	F	-0.72%
SNX	C	-0.71%
UNM	C	-0.71%
ARMK	A	-0.7%
JEF	A	-0.66%
AFG	D	-0.65%
X	D	-0.65%
SF	A	-0.65%
GPK	D	-0.64%
FHN	C	-0.64%
DINO	D	-0.63%
ORI	C	-0.62%
KNX	C	-0.62%
UTHR	A	-0.61%
GMED	A	-0.61%
NOV	B	-0.59%
WBS	D	-0.56%
CLF	D	-0.56%
OGE	C	-0.56%
OSK	C	-0.55%
GLPI	B	-0.55%
WCC	F	-0.55%
AA	C	-0.55%
BMRN	C	-0.55%
LAD	D	-0.54%
MTZ	C	-0.53%
BERY	D	-0.53%
GME	C	-0.53%
ACM	D	-0.52%
ARW	F	-0.51%
LEA	F	-0.51%
RPM	D	-0.5%
XPO	D	-0.5%
ADC	B	-0.49%
ZION	C	-0.49%
DKS	B	-0.48%
PVH	F	-0.48%
BURL	B	-0.48%
CACI	B	-0.48%
AGCO	F	-0.48%
REXR	C	-0.47%
WTFC	C	-0.47%
KD	B	-0.47%
FYBR	B	-0.46%
PB	C	-0.46%
EQH	B	-0.46%
DAR	D	-0.46%
AIRC	A	-0.45%
STWD	C	-0.45%
WHR	C	-0.44%
VMI	B	-0.44%
FAF	D	-0.44%
SNV	A	-0.44%
ST	D	-0.44%
IBKR	B	-0.43%
XRAY	F	-0.42%
G	D	-0.42%
RNR	C	-0.42%
SRCL	B	-0.42%
R	B	-0.42%
M	C	-0.41%
GPS	C	-0.41%
POST	C	-0.41%
TTC	B	-0.4%
NFG	D	-0.4%
SON	F	-0.4%
MDU	B	-0.4%
SCI	B	-0.4%
NNN	A	-0.39%
WTRG	C	-0.39%
THO	D	-0.39%
OHI	A	-0.39%
AMG	C	-0.39%
NXST	C	-0.39%
EHC	B	-0.38%
UGI	C	-0.38%
FNB	C	-0.38%
INGR	D	-0.38%
CCK	F	-0.38%
SFM	A	-0.38%
KBR	C	-0.37%
ASH	D	-0.37%
AMH	A	-0.37%
TPL	B	-0.36%
CUBE	B	-0.36%
EWBC	C	-0.36%
AVT	C	-0.36%
LAMR	A	-0.35%
ELS	B	-0.35%
THG	C	-0.35%
CGNX	C	-0.35%
CG	C	-0.35%
FLO	D	-0.34%
VOYA	D	-0.34%
JHG	B	-0.34%
CIEN	C	-0.33%
PII	F	-0.33%
MKSI	B	-0.33%
COLB	D	-0.32%
KEX	B	-0.32%
WU	D	-0.32%
HOG	D	-0.32%
VNO	B	-0.32%
SAIC	D	-0.31%
ATR	D	-0.31%
JAZZ	F	-0.31%
RGLD	C	-0.31%
ERIE	C	-0.3%
CBSH	C	-0.3%
BRX	B	-0.3%
AN	D	-0.3%
CNM	D	-0.29%
AYI	D	-0.29%
CW	B	-0.29%
DCI	D	-0.29%
CFR	C	-0.29%
PNFP	C	-0.28%
MTG	B	-0.28%
KMPR	C	-0.28%
HQY	A	-0.28%
MIDD	F	-0.27%
OLN	F	-0.27%
CUZ	C	-0.27%
CC	F	-0.27%
FLS	C	-0.27%
PRGO	F	-0.27%
SLGN	D	-0.27%
FR	C	-0.26%
CHE	D	-0.26%
LITE	B	-0.26%
MAN	F	-0.26%
KRC	D	-0.26%
MAT	F	-0.25%
TKR	D	-0.25%
STAG	B	-0.25%
SEIC	D	-0.25%
SRPT	B	-0.24%
ALV	D	-0.24%
EGP	B	-0.24%
IDA	C	-0.23%
PAG	D	-0.23%
CACC	C	-0.23%
CNXC	D	-0.23%
CRUS	A	-0.23%
VAC	D	-0.22%
GNTX	D	-0.22%
NVST	F	-0.22%
FHI	C	-0.21%
HXL	F	-0.21%
SLM	C	-0.21%
BHF	D	-0.21%
NOVT	B	-0.2%
RCM	B	-0.2%
BRKR	F	-0.2%
SIGI	F	-0.2%
DTM	A	-0.2%
NYCB	F	-0.19%
EXPO	B	-0.19%
ZI	F	-0.19%
RYN	D	-0.19%
MTSI	A	-0.18%
MASI	C	-0.18%
FFIN	C	-0.18%
ENOV	D	-0.18%
CRI	F	-0.18%
MTN	D	-0.18%
LSTR	B	-0.17%
AM	B	-0.17%
EEFT	D	-0.17%
EVR	A	-0.17%
EXLS	B	-0.17%
OPCH	F	-0.17%
GXO	D	-0.17%
POWI	F	-0.16%
CPRI	D	-0.16%
RLI	D	-0.16%
LANC	C	-0.16%
OZK	D	-0.16%
RH	D	-0.16%
WH	C	-0.16%
DLB	D	-0.16%
JWN	B	-0.16%
CHX	C	-0.16%
LPX	C	-0.15%
BC	F	-0.15%
LFUS	C	-0.15%
SMG	D	-0.14%
AMED	F	-0.14%
VC	D	-0.13%
IRDM	F	-0.13%
NSP	F	-0.13%
MSM	D	-0.13%
HAE	D	-0.13%
DOCS	B	-0.13%
CBT	D	-0.13%
NSA	B	-0.12%
SAM	C	-0.12%
PPC	A	-0.12%
WOLF	F	-0.12%
COLM	D	-0.11%
MMS	B	-0.11%
CHH	B	-0.11%
YETI	D	-0.1%
UA	D	-0.1%
UAA	D	-0.1%
WEN	F	-0.1%
ALGM	D	-0.1%
IPGP	D	-0.1%
BLKB	C	-0.09%
EPR	B	-0.09%
WMG	D	-0.08%
AZTA	D	-0.08%
HGV	D	-0.08%
MP	F	-0.08%
TNL	B	-0.07%