IWO vs. DES ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to SmallCap Dividend Fund (DES)

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

$293.95

Average Daily Volume

371,367

Number of Holdings ^*

1079

* may have additional holdings in another (foreign) market

DES

SmallCap Dividend Fund

DES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.97

Average Daily Volume

113,070

Number of Holdings ^*

567

* may have additional holdings in another (foreign) market

Performance

Period	IWO	DES
30 Days	0.42%	2.36%
60 Days	6.08%	6.79%
90 Days	8.32%	9.48%
12 Months	34.09%	28.40%

213 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in DES	Overlap
AEIS	B	0.3%	0.18%	0.18%
AESI	D	0.1%	0.22%	0.1%
AGM	A	0.12%	0.17%	0.12%
AGX	B	0.13%	0.31%	0.13%
AHH	D	0.0%	0.03%	0.0%
AIN	C	0.04%	0.13%	0.04%
ALG	B	0.14%	0.1%	0.1%
ALTG	C	0.02%	0.05%	0.02%
ALX	D	0.03%	0.13%	0.03%
AMSF	A	0.03%	0.3%	0.03%
ANDE	C	0.01%	0.11%	0.01%
APOG	B	0.04%	0.24%	0.04%
ARCB	C	0.19%	0.11%	0.11%
ARKO	D	0.0%	0.08%	0.0%
AROC	A	0.26%	0.68%	0.26%
ATEN	A	0.08%	0.12%	0.08%
AWR	A	0.12%	0.31%	0.12%
AZZ	B	0.14%	0.15%	0.14%
BANF	A	0.02%	0.27%	0.02%
BBSI	A	0.06%	0.13%	0.06%
BCO	F	0.3%	0.26%	0.26%
BDC	B	0.19%	0.21%	0.19%
BFS	C	0.03%	0.05%	0.03%
BKE	A	0.1%	0.38%	0.1%
BLMN	F	0.04%	0.19%	0.04%
BRY	F	0.01%	0.1%	0.01%
BSIG	A	0.06%	0.05%	0.05%
BSVN	A	0.0%	0.04%	0.0%
CAKE	A	0.15%	0.29%	0.15%
CAL	D	0.02%	0.09%	0.02%
CALM	A	0.02%	0.15%	0.02%
CASH	A	0.04%	0.08%	0.04%
CASS	B	0.04%	0.04%	0.04%
CBL	B	0.03%	0.04%	0.03%
CBRL	C	0.02%	0.26%	0.02%
CCOI	B	0.25%	0.72%	0.25%
CCS	F	0.02%	0.16%	0.02%
CDRE	D	0.06%	0.1%	0.06%
CHCO	A	0.01%	0.2%	0.01%
CHCT	C	0.0%	0.03%	0.0%
CLB	C	0.07%	0.07%	0.07%
CNMD	C	0.15%	0.09%	0.09%
CNS	B	0.2%	0.72%	0.2%
CRAI	B	0.09%	0.17%	0.09%
CRGY	A	0.03%	0.19%	0.03%
CRS	A	0.57%	0.5%	0.5%
CSGS	A	0.11%	0.21%	0.11%
CSV	B	0.03%	0.12%	0.03%
CSWI	B	0.47%	0.26%	0.26%
CTRE	D	0.03%	0.23%	0.03%
CTS	B	0.09%	0.1%	0.09%
CVGW	C	0.0%	0.08%	0.0%
CVI	D	0.04%	0.42%	0.04%
CWH	B	0.09%	0.12%	0.09%
CWT	C	0.05%	0.21%	0.05%
DBRG	D	0.04%	0.09%	0.04%
DHIL	A	0.03%	0.05%	0.03%
DIN	C	0.01%	0.1%	0.01%
DK	D	0.02%	0.14%	0.02%
DNUT	D	0.07%	0.11%	0.07%
EGY	F	0.0%	0.14%	0.0%
EMBC	C	0.01%	0.12%	0.01%
ENR	A	0.16%	0.3%	0.16%
ENS	D	0.24%	0.21%	0.21%
EPAC	B	0.19%	0.12%	0.12%
EPM	A	0.0%	0.05%	0.0%
ESE	A	0.12%	0.14%	0.12%
EVC	B	0.0%	0.05%	0.0%
EVTC	C	0.15%	0.08%	0.08%
EXPI	C	0.08%	0.09%	0.08%
FBIZ	A	0.0%	0.02%	0.0%
FBP	A	0.02%	0.49%	0.02%
GCMG	B	0.03%	0.08%	0.03%
GFF	A	0.18%	0.25%	0.18%
GIC	F	0.03%	0.14%	0.03%
GNE	F	0.01%	0.06%	0.01%
GRC	B	0.06%	0.13%	0.06%
GVA	A	0.24%	0.23%	0.23%
GWRS	C	0.01%	0.07%	0.01%
HCI	B	0.07%	0.04%	0.04%
HCKT	A	0.05%	0.14%	0.05%
HEES	B	0.12%	0.2%	0.12%
HI	C	0.05%	0.17%	0.05%
HLIO	B	0.08%	0.12%	0.08%
HNI	A	0.08%	0.29%	0.08%
HQI	B	0.01%	0.04%	0.01%
HRI	B	0.45%	0.46%	0.45%
HSTM	B	0.02%	0.08%	0.02%
HTLD	B	0.02%	0.06%	0.02%
HWKN	C	0.16%	0.19%	0.16%
HY	F	0.03%	0.14%	0.03%
ICFI	F	0.22%	0.13%	0.13%
IDCC	A	0.32%	0.38%	0.32%
IIIN	C	0.02%	0.05%	0.02%
INBK	A	0.01%	0.01%	0.01%
IOSP	C	0.17%	0.21%	0.17%
ITIC	A	0.0%	0.07%	0.0%
JACK	D	0.06%	0.1%	0.06%
JBSS	F	0.05%	0.16%	0.05%
JBT	B	0.02%	0.16%	0.02%
JJSF	C	0.18%	0.29%	0.18%
JOE	F	0.13%	0.13%	0.13%
KAI	A	0.32%	0.18%	0.18%
KALU	C	0.09%	0.26%	0.09%
KFRC	D	0.08%	0.15%	0.08%
KLG	F	0.08%	0.34%	0.08%
KLIC	C	0.18%	0.17%	0.17%
KNTK	A	0.02%	0.72%	0.02%
KRT	A	0.01%	0.13%	0.01%
KTB	A	0.34%	0.58%	0.34%
KWR	C	0.16%	0.13%	0.13%
LBRT	F	0.01%	0.23%	0.01%
LCII	D	0.2%	0.35%	0.2%
LKFN	A	0.01%	0.12%	0.01%
LMAT	A	0.14%	0.16%	0.14%
LNN	B	0.05%	0.1%	0.05%
LOB	A	0.1%	0.08%	0.08%
LYTS	A	0.03%	0.11%	0.03%
MC	B	0.26%	0.61%	0.26%
MCBS	A	0.01%	0.08%	0.01%
MCRI	A	0.07%	0.19%	0.07%
MCY	A	0.02%	0.3%	0.02%
METC	C	0.02%	0.08%	0.02%
MGEE	A	0.11%	0.39%	0.11%
MGPI	D	0.05%	0.05%	0.05%
MGRC	B	0.2%	0.21%	0.2%
MLAB	F	0.01%	0.07%	0.01%
MLR	B	0.0%	0.16%	0.0%
MPX	C	0.0%	0.08%	0.0%
MRTN	C	0.01%	0.1%	0.01%
MSEX	B	0.01%	0.12%	0.01%
MTRN	C	0.16%	0.1%	0.1%
MWA	A	0.27%	0.28%	0.27%
MYE	F	0.03%	0.08%	0.03%
NATH	B	0.01%	0.08%	0.01%
NGVC	A	0.01%	0.18%	0.01%
NIC	A	0.02%	0.07%	0.02%
NOG	A	0.02%	0.53%	0.02%
NPO	A	0.03%	0.18%	0.03%
NRC	F	0.02%	0.05%	0.02%
NSSC	F	0.09%	0.1%	0.09%
NTST	D	0.02%	0.04%	0.02%
NVEC	D	0.03%	0.09%	0.03%
ODC	D	0.01%	0.09%	0.01%
OFLX	C	0.01%	0.06%	0.01%
OTTR	C	0.1%	0.35%	0.1%
OXM	F	0.05%	0.14%	0.05%
PAHC	A	0.01%	0.1%	0.01%
PATK	C	0.18%	0.37%	0.18%
PBI	C	0.02%	0.29%	0.02%
PDCO	F	0.02%	0.26%	0.02%
PIPR	A	0.4%	0.24%	0.24%
PJT	A	0.26%	0.15%	0.15%
PKE	B	0.01%	0.07%	0.01%
PLOW	D	0.03%	0.11%	0.03%
PLPC	B	0.0%	0.07%	0.0%
POWL	C	0.22%	0.38%	0.22%
PRGS	B	0.19%	0.17%	0.17%
PRIM	A	0.27%	0.22%	0.22%
PSMT	D	0.1%	0.16%	0.1%
PSTL	C	0.01%	0.03%	0.01%
PTVE	C	0.0%	0.24%	0.0%
PZZA	D	0.09%	0.18%	0.09%
RCKY	F	0.0%	0.04%	0.0%
REPX	A	0.0%	0.16%	0.0%
REVG	A	0.08%	0.15%	0.08%
RGR	F	0.01%	0.08%	0.01%
RICK	B	0.01%	0.04%	0.01%
RM	D	0.0%	0.04%	0.0%
RRR	D	0.08%	0.26%	0.08%
SAH	A	0.02%	0.16%	0.02%
SCL	D	0.01%	0.13%	0.01%
SEM	B	0.2%	0.37%	0.2%
SFBS	A	0.09%	0.24%	0.09%
SGC	C	0.0%	0.07%	0.0%
SHBI	A	0.01%	0.04%	0.01%
SHOO	D	0.22%	0.36%	0.22%
SHYF	C	0.0%	0.09%	0.0%
SKT	A	0.1%	0.23%	0.1%
SLP	F	0.03%	0.05%	0.03%
SLVM	B	0.05%	0.45%	0.05%
SSTK	F	0.04%	0.12%	0.04%
STEP	A	0.29%	0.3%	0.29%
SWBI	D	0.0%	0.1%	0.0%
SXI	A	0.13%	0.16%	0.13%
SXT	C	0.22%	0.32%	0.22%
TILE	A	0.01%	0.14%	0.01%
TIPT	A	0.01%	0.04%	0.01%
TNC	F	0.05%	0.14%	0.05%
TPB	A	0.05%	0.14%	0.05%
TRAK	A	0.02%	0.08%	0.02%
TRN	A	0.19%	0.4%	0.19%
TSQ	C	0.01%	0.03%	0.01%
ULH	B	0.01%	0.17%	0.01%
UMH	C	0.01%	0.06%	0.01%
UPBD	B	0.12%	0.28%	0.12%
USLM	A	0.1%	0.22%	0.1%
USPH	C	0.1%	0.13%	0.1%
UTZ	D	0.05%	0.13%	0.05%
UVE	A	0.01%	0.07%	0.01%
VCTR	B	0.19%	0.6%	0.19%
VRTS	A	0.09%	0.23%	0.09%
VSEC	B	0.02%	0.13%	0.02%
WD	D	0.18%	0.25%	0.18%
WDFC	A	0.26%	0.26%	0.26%
WERN	B	0.02%	0.14%	0.02%
WHD	B	0.3%	0.28%	0.28%
WKC	C	0.01%	0.19%	0.01%
WOR	F	0.08%	0.25%	0.08%
WTI	F	0.01%	0.06%	0.01%
WWW	A	0.12%	0.34%	0.12%
YORW	D	0.01%	0.09%	0.01%
YOU	D	0.17%	0.18%	0.17%

IWO Overweight 866 Positions Relative to DES

Symbol	Grade	Weight
FTAI	A	1.09%
SFM	A	1.0%
PCVX	D	0.87%
INSM	D	0.79%
AIT	A	0.7%
FN	C	0.67%
MLI	B	0.66%
HQY	A	0.57%
ENSG	D	0.56%
FLR	B	0.54%
HALO	D	0.52%
SPXC	A	0.52%
HLNE	A	0.51%
GTLS	A	0.49%
EXLS	B	0.49%
ANF	C	0.49%
SPSC	D	0.47%
GKOS	B	0.47%
CVLT	B	0.47%
NOVT	D	0.45%
BMI	B	0.45%
CWST	A	0.45%
RHP	B	0.45%
MOD	C	0.45%
UPST	B	0.43%
BPMC	D	0.43%
ZETA	F	0.43%
MOG.A	B	0.43%
ACIW	B	0.42%
BECN	B	0.42%
MDGL	C	0.42%
CRDO	C	0.42%
CBT	C	0.42%
AVAV	C	0.41%
RVMD	B	0.41%
LNTH	F	0.41%
RMBS	C	0.41%
QTWO	A	0.41%
BCPC	B	0.4%
STRL	B	0.4%
CHX	C	0.4%
MMSI	A	0.4%
ALTR	B	0.4%
WTS	A	0.39%
QLYS	C	0.39%
KNF	B	0.39%
VRNS	D	0.39%
MMS	D	0.38%
ZWS	B	0.37%
DY	C	0.37%
FFIN	A	0.37%
FSS	C	0.37%
EXPO	D	0.36%
CRNX	C	0.36%
ADMA	C	0.35%
ITRI	B	0.35%
SIGI	A	0.35%
TENB	D	0.34%
KRYS	D	0.34%
SHAK	B	0.34%
IBP	F	0.34%
RNA	C	0.34%
WK	B	0.33%
RDNT	B	0.33%
CORT	B	0.33%
CWAN	B	0.33%
IONQ	A	0.33%
FELE	B	0.33%
PI	D	0.32%
RKLB	B	0.32%
ALKS	B	0.32%
BOX	B	0.32%
NSIT	F	0.32%
EAT	A	0.31%
FTDR	B	0.31%
UFPI	C	0.31%
LRN	A	0.3%
HAE	A	0.3%
MGY	A	0.3%
ACLX	C	0.3%
HIMS	C	0.3%
PRCT	B	0.29%
FCFS	F	0.29%
NXT	C	0.29%
MARA	B	0.29%
ROAD	B	0.28%
SITM	B	0.28%
VRRM	D	0.27%
SG	C	0.27%
CVCO	A	0.27%
BOOT	C	0.27%
BHVN	C	0.27%
TGTX	B	0.27%
RXO	C	0.27%
POWI	D	0.26%
LANC	D	0.26%
DORM	B	0.25%
SLAB	F	0.25%
RYTM	C	0.25%
ATMU	A	0.25%
CBZ	B	0.25%
BLKB	D	0.24%
BL	B	0.24%
ATKR	C	0.24%
AXNX	A	0.24%
GMS	A	0.24%
SMPL	B	0.23%
NUVL	D	0.23%
GH	B	0.23%
FRSH	B	0.23%
SMTC	C	0.23%
CRVL	B	0.22%
ITGR	B	0.22%
FOLD	F	0.22%
FORM	F	0.22%
AXSM	B	0.22%
BWIN	D	0.21%
ALRM	C	0.21%
CARG	A	0.21%
CLSK	C	0.21%
HGV	B	0.21%
FUN	B	0.21%
NE	F	0.21%
UEC	B	0.21%
RELY	B	0.2%
ENV	B	0.2%
TNET	F	0.2%
ACVA	A	0.2%
APAM	A	0.2%
NARI	C	0.19%
TDW	F	0.19%
TMDX	F	0.19%
CNK	A	0.19%
ACLS	F	0.19%
OII	B	0.19%
VERX	A	0.19%
HBI	A	0.19%
PTON	B	0.19%
AUR	D	0.19%
NSP	F	0.19%
IDYA	F	0.18%
AMR	C	0.18%
ARWR	D	0.18%
VCEL	A	0.18%
TWST	F	0.18%
OSCR	F	0.18%
EWTX	C	0.18%
AGYS	A	0.18%
CPRX	C	0.18%
PTGX	D	0.18%
IOVA	D	0.18%
DRS	B	0.18%
IRTC	C	0.18%
BCC	B	0.18%
AEO	F	0.18%
PLMR	A	0.17%
SKY	A	0.17%
WNS	D	0.17%
VC	F	0.17%
RPD	C	0.17%
TBBK	A	0.17%
UFPT	C	0.17%
FLYW	B	0.17%
DOCN	D	0.17%
GSHD	A	0.17%
PAR	A	0.17%
COMP	B	0.17%
PTCT	B	0.17%
OSIS	A	0.16%
BRZE	C	0.16%
DYN	F	0.16%
APGE	D	0.16%
INTA	B	0.16%
IPAR	C	0.16%
AI	C	0.16%
YELP	C	0.16%
SWTX	C	0.16%
IESC	B	0.16%
CORZ	B	0.16%
BBIO	F	0.16%
BE	A	0.16%
COOP	B	0.16%
MYRG	B	0.16%
PRVA	B	0.15%
HURN	B	0.15%
DNLI	C	0.15%
KYMR	C	0.15%
PAYO	A	0.15%
VAL	F	0.14%
KROS	C	0.14%
ASTH	F	0.14%
BATRK	D	0.14%
LAUR	A	0.14%
NATL	B	0.14%
JOBY	B	0.14%
SOUN	C	0.14%
ACAD	C	0.14%
GOLF	A	0.14%
AMPH	F	0.13%
NVCR	D	0.13%
PRKS	A	0.13%
RAMP	C	0.13%
VERA	B	0.13%
VYX	C	0.13%
AVPT	A	0.13%
OSW	B	0.13%
LBPH	A	0.13%
SMR	B	0.13%
TFIN	A	0.13%
UPWK	B	0.13%
TNDM	F	0.13%
TGLS	A	0.12%
WRBY	A	0.12%
ALKT	B	0.12%
KTOS	B	0.12%
OCUL	C	0.12%
GERN	F	0.12%
RXST	F	0.12%
ARVN	D	0.12%
PLUS	F	0.12%
AVDX	C	0.12%
SMMT	D	0.12%
IMVT	D	0.12%
SNDX	D	0.12%
WULF	C	0.12%
SRRK	C	0.12%
OPCH	F	0.12%
TARS	B	0.12%
PD	C	0.12%
PFSI	D	0.11%
HROW	D	0.11%
BCRX	D	0.11%
NGVT	B	0.11%
MIRM	A	0.11%
APPN	B	0.11%
TRUP	A	0.11%
UCTT	F	0.11%
KOS	D	0.11%
RXRX	F	0.11%
ENVX	F	0.1%
STAA	F	0.1%
CALX	F	0.1%
CHEF	B	0.1%
AVDL	F	0.1%
MNKD	B	0.1%
WT	A	0.1%
MQ	F	0.1%
JANX	C	0.1%
MGNI	A	0.1%
SONO	C	0.1%
EVH	F	0.1%
FLNC	D	0.09%
PLAY	C	0.09%
MTTR	B	0.09%
KURA	F	0.09%
XMTR	C	0.09%
PWP	A	0.09%
SLNO	C	0.09%
SPT	C	0.09%
JAMF	F	0.09%
HLIT	F	0.09%
VECO	F	0.09%
PRAX	C	0.09%
BLBD	F	0.09%
PLXS	B	0.09%
INFN	C	0.09%
DVAX	C	0.09%
ALHC	C	0.09%
THRM	F	0.09%
ZUO	A	0.09%
CLDX	F	0.09%
COCO	B	0.09%
PGNY	F	0.09%
ERII	B	0.08%
XPEL	B	0.08%
EXTR	B	0.08%
ARLO	D	0.08%
RDFN	D	0.08%
NMRA	F	0.08%
CGON	D	0.08%
ASAN	C	0.08%
ARQT	D	0.08%
RCKT	F	0.08%
VRDN	C	0.08%
AMRX	C	0.08%
FIZZ	B	0.08%
SOC	C	0.08%
INOD	B	0.08%
ATRC	C	0.08%
TPH	D	0.08%
LZ	C	0.08%
CENX	A	0.08%
QNST	C	0.08%
ARDX	F	0.08%
AMSC	C	0.08%
PHR	F	0.08%
NRIX	C	0.08%
RVLV	A	0.08%
MXL	C	0.08%
LMND	A	0.08%
FUL	F	0.08%
AMBA	B	0.08%
GSAT	B	0.08%
ELVN	C	0.07%
RCUS	F	0.07%
DRVN	A	0.07%
ATEC	C	0.07%
NVAX	F	0.07%
SHLS	F	0.07%
TRNS	F	0.07%
LMB	A	0.07%
WLY	B	0.07%
ASGN	D	0.07%
VZIO	A	0.07%
VITL	F	0.07%
DFIN	D	0.07%
GPOR	A	0.07%
COUR	F	0.07%
JBI	F	0.07%
OUT	C	0.07%
PDFS	D	0.07%
PRO	C	0.07%
IMAX	B	0.07%
COLL	F	0.07%
BTSG	A	0.07%
SDGR	D	0.07%
ROCK	C	0.07%
ADEA	C	0.07%
NN	B	0.07%
HRMY	D	0.07%
WVE	C	0.07%
AMN	F	0.07%
SAVA	C	0.07%
BLND	B	0.07%
NEXT	B	0.06%
YEXT	A	0.06%
AUPH	B	0.06%
UDMY	D	0.06%
RSI	B	0.06%
SPRY	C	0.06%
PACS	F	0.06%
BLFS	D	0.06%
KNSA	F	0.06%
ACHR	B	0.06%
SM	C	0.06%
ADUS	D	0.06%
COGT	D	0.06%
AORT	B	0.06%
CIFR	B	0.06%
GBTG	A	0.06%
OEC	C	0.06%
BKD	F	0.06%
DFH	F	0.06%
WAY	B	0.06%
SEZL	B	0.06%
IE	C	0.06%
VVI	A	0.06%
ARRY	C	0.06%
LEU	C	0.06%
CMPR	F	0.06%
ASO	F	0.06%
PNTG	D	0.06%
CXM	C	0.06%
IMNM	F	0.05%
URBN	C	0.05%
ACMR	F	0.05%
MCW	B	0.05%
FA	D	0.05%
ML	B	0.05%
ROOT	B	0.05%
BASE	C	0.05%
CDMO	A	0.05%
PECO	A	0.05%
CECO	C	0.05%
VICR	B	0.05%
CGEM	F	0.05%
CCB	A	0.05%
ZIP	D	0.05%
DAWN	D	0.05%
EOLS	F	0.05%
AMPL	C	0.05%
TTGT	C	0.05%
GDYN	C	0.05%
KBH	D	0.05%
FSLY	D	0.05%
NABL	F	0.05%
ANIP	D	0.05%
UTI	A	0.05%
AMBP	D	0.04%
PLAB	D	0.04%
LQDT	A	0.04%
PTLO	F	0.04%
AXGN	D	0.04%
KRUS	C	0.04%
IDT	B	0.04%
CEVA	B	0.04%
WEAV	B	0.04%
DJCO	B	0.04%
MRVI	F	0.04%
AGL	F	0.04%
IBTA	C	0.04%
YMAB	D	0.04%
HLF	C	0.04%
AIV	C	0.04%
EVRI	A	0.04%
AVBP	C	0.04%
CRMD	C	0.04%
APLT	C	0.04%
LPRO	C	0.04%
OSPN	B	0.04%
MNMD	B	0.04%
APLD	C	0.04%
ACEL	B	0.04%
GRBK	D	0.04%
CYTK	D	0.04%
NRDS	C	0.04%
ATGE	B	0.04%
FWRG	C	0.04%
LQDA	F	0.04%
IBRX	C	0.04%
VSCO	A	0.04%
XNCR	B	0.04%
IMXI	B	0.04%
GCT	D	0.04%
PUBM	D	0.04%
MEG	F	0.04%
NGNE	D	0.03%
GRND	B	0.03%
LRMR	D	0.03%
EGHT	C	0.03%
HLMN	B	0.03%
SVRA	F	0.03%
XPOF	B	0.03%
RVNC	F	0.03%
RDVT	B	0.03%
MLNK	C	0.03%
TMCI	C	0.03%
CELC	F	0.03%
AKRO	C	0.03%
SANA	F	0.03%
WRLD	D	0.03%
ARCT	F	0.03%
TALK	C	0.03%
GHM	A	0.03%
MIR	A	0.03%
MDXG	A	0.03%
DAVE	B	0.03%
ANAB	F	0.03%
ARHS	F	0.03%
SKWD	A	0.03%
BAND	C	0.03%
PRTA	F	0.03%
MITK	C	0.03%
IRMD	B	0.03%
CAPR	B	0.03%
BIGC	C	0.03%
ASPI	C	0.03%
FC	F	0.03%
BATRA	D	0.03%
AHCO	D	0.03%
KALV	F	0.03%
TREE	F	0.03%
THRY	F	0.03%
LWLG	D	0.03%
ENFN	A	0.03%
ESQ	B	0.03%
AGS	A	0.03%
TTI	B	0.03%
ATXS	F	0.03%
UHT	D	0.03%
ALEC	F	0.03%
AIR	B	0.03%
EVER	F	0.03%
LFST	C	0.03%
BBW	B	0.03%
AX	A	0.03%
DMRC	D	0.03%
PX	A	0.03%
LPG	F	0.03%
XERS	C	0.03%
SEMR	D	0.03%
CTLP	B	0.03%
CATX	F	0.03%
STOK	D	0.03%
RIOT	B	0.03%
SIBN	D	0.03%
CLMB	A	0.03%
EU	F	0.03%
EAF	B	0.03%
ABUS	D	0.03%
HUMA	F	0.03%
SBGI	B	0.03%
AEYE	C	0.02%
NMIH	D	0.02%
LOVE	A	0.02%
CRCT	F	0.02%
MGNX	D	0.02%
LIF	B	0.02%
SYNA	C	0.02%
BMEA	F	0.02%
NBR	D	0.02%
GCBC	B	0.02%
PRME	F	0.02%
SVV	D	0.02%
NVEE	F	0.02%
IRWD	D	0.02%
ABSI	F	0.02%
TDOC	C	0.02%
EWCZ	D	0.02%
SKYT	F	0.02%
AIP	C	0.02%
CHPT	F	0.02%
SPIR	B	0.02%
SFL	F	0.02%
WEST	D	0.02%
DENN	C	0.02%
EB	C	0.02%
OCGN	F	0.02%
TSHA	D	0.02%
CENTA	C	0.02%
REAL	B	0.02%
LAZR	C	0.02%
SIGA	F	0.02%
FDMT	F	0.02%
CDNA	D	0.02%
MAMA	C	0.02%
HLX	D	0.02%
EYPT	D	0.02%
SEAT	F	0.02%
PBPB	B	0.02%
CYRX	D	0.02%
CTRI	B	0.02%
BLZE	D	0.02%
JSPR	C	0.02%
PRCH	B	0.02%
INDI	C	0.02%
CSTL	C	0.02%
INST	B	0.02%
SNCY	B	0.02%
LUNG	F	0.02%
AMRC	F	0.02%
OLO	B	0.02%
PCT	C	0.02%
SABR	B	0.02%
CMPO	C	0.02%
ULCC	B	0.02%
SNEX	A	0.02%
TH	C	0.02%
VMD	B	0.02%
ALT	C	0.02%
CYH	F	0.02%
DOMO	C	0.02%
BYRN	A	0.02%
DIOD	F	0.02%
RIGL	B	0.02%
CDXC	B	0.02%
RCEL	C	0.02%
CON	D	0.02%
ATEX	F	0.02%
CERS	D	0.02%
JELD	F	0.02%
BYND	F	0.02%
LESL	C	0.02%
TYRA	F	0.02%
IGT	F	0.02%
PRG	A	0.02%
BWMN	C	0.02%
EVLV	F	0.02%
AEHR	F	0.02%
FNA	B	0.02%
GETY	F	0.02%
SRDX	C	0.02%
LIND	A	0.02%
MNTK	F	0.02%
URGN	F	0.02%
BJRI	A	0.02%
PLSE	C	0.02%
MAX	F	0.02%
ICHR	C	0.02%
DSGR	C	0.02%
OTLK	D	0.01%
DAKT	A	0.01%
CVLG	A	0.01%
REKR	F	0.01%
AKYA	D	0.01%
OVID	D	0.01%
CRGX	F	0.01%
BLNK	F	0.01%
EVGO	D	0.01%
QBTS	B	0.01%
GLSI	F	0.01%
GCO	B	0.01%
EVI	D	0.01%
INVA	C	0.01%
CTGO	F	0.01%
CENT	C	0.01%
MODV	C	0.01%
NWPX	A	0.01%
EP	C	0.01%
OMER	B	0.01%
AMWD	B	0.01%
THR	C	0.01%
ACCD	F	0.01%
EVEX	F	0.01%
INMB	F	0.01%
CWCO	C	0.01%
MLYS	D	0.01%
BDTX	F	0.01%
FULC	F	0.01%
STXS	C	0.01%
QUIK	F	0.01%
ACHV	F	0.01%
AIRS	C	0.01%
CADL	F	0.01%
NTIC	C	0.01%
NPCE	C	0.01%
DC	F	0.01%
ARTV	F	0.01%
MRAM	D	0.01%
ALMS	F	0.01%
LWAY	D	0.01%
PFIS	A	0.01%
SSTI	F	0.01%
FBLG	F	0.01%
IAS	D	0.01%
LAW	D	0.01%
SPNT	A	0.01%
RILY	F	0.01%
SCWO	F	0.01%
OPRX	F	0.01%
TRVI	F	0.01%
EGAN	C	0.01%
TAYD	F	0.01%
GOOD	B	0.01%
AQST	D	0.01%
QRHC	F	0.01%
XFOR	F	0.01%
CRBP	F	0.01%
STGW	B	0.01%
INBX	F	0.01%
ESPR	C	0.01%
PRTH	B	0.01%
KRRO	D	0.01%
LVWR	D	0.01%
ISPR	D	0.01%
KFS	B	0.01%
MVIS	F	0.01%
PLUG	D	0.01%
SKYH	A	0.01%
SUPN	B	0.01%
GRPN	F	0.01%
SCPH	F	0.01%
SKIN	D	0.01%
OPFI	A	0.01%
WGS	C	0.01%
LFMD	C	0.01%
OLMA	F	0.01%
PHAT	F	0.01%
JYNT	D	0.01%
TCX	F	0.01%
JILL	C	0.01%
BBAI	C	0.01%
SYRE	D	0.01%
RAPP	C	0.01%
LCTX	D	0.01%
PAYS	F	0.01%
QUAD	B	0.01%
BTMD	D	0.01%
FFWM	B	0.01%
ZYXI	D	0.01%
MSGE	D	0.01%
ACIC	B	0.01%
TNGX	F	0.01%
IRON	C	0.01%
ARDT	F	0.01%
SMTI	C	0.01%
ADCT	F	0.01%
PMTS	B	0.01%
BRCC	F	0.01%
TCRX	D	0.01%
ORIC	D	0.01%
SGHT	F	0.01%
OMI	F	0.01%
LAB	D	0.01%
RNAC	F	0.01%
CDZI	B	0.01%
LGIH	F	0.01%
INFU	B	0.01%
MRSN	C	0.01%
VSTM	D	0.01%
BVS	D	0.01%
XOMA	B	0.01%
FHTX	C	0.01%
HNST	A	0.01%
NEO	C	0.01%
PROK	F	0.01%
REX	C	0.01%
CTOS	B	0.01%
SMID	B	0.01%
PFMT	F	0.01%
EVCM	B	0.01%
LIVN	C	0.01%
HEAR	C	0.01%
LXEO	F	0.01%
CDLX	D	0.01%
MGTX	B	0.01%
IGMS	F	0.01%
MLP	C	0.01%
KREF	D	0.01%
SERA	F	0.01%
CRD.B	B	0.01%
ARAY	D	0.01%
KGS	A	0.01%
AVXL	C	0.01%
UP	F	0.01%
SMLR	B	0.01%
LNZA	F	0.01%
CVRX	C	0.01%
DSP	A	0.01%
ZVRA	B	0.01%
KLTR	A	0.01%
ZURA	D	0.01%
ASPN	F	0.01%
GOGO	C	0.01%
AVAH	B	0.01%
PESI	C	0.01%
INSE	B	0.01%
CDT	F	0.0%
SES	F	0.0%
QRTEB	F	0.0%
MKTW	F	0.0%
SCLX	F	0.0%
MGX	F	0.0%
MASS	F	0.0%
ULBI	F	0.0%
GRWG	F	0.0%
BAER	C	0.0%
AGEN	F	0.0%
PGEN	F	0.0%
HLVX	D	0.0%
VGAS	C	0.0%
TDUP	C	0.0%
LYRA	F	0.0%
BOLD	D	0.0%
TELO	F	0.0%
RSVR	B	0.0%
SLDB	F	0.0%
SKYE	D	0.0%
VIRC	C	0.0%
ATLC	A	0.0%
RMNI	C	0.0%
HOWL	F	0.0%
NNE	B	0.0%
RENB	F	0.0%
VRCA	F	0.0%
SPCE	D	0.0%
MEC	D	0.0%
TVGN	D	0.0%
ELEV	F	0.0%
DTI	D	0.0%
GCTS	F	0.0%
ATOS	D	0.0%
ARQ	B	0.0%
IIIV	B	0.0%
HRTX	F	0.0%
DIBS	F	0.0%
CTV	D	0.0%
BOC	D	0.0%
LUNR	B	0.0%
APEI	B	0.0%
AISP	C	0.0%
CIX	B	0.0%
MITT	D	0.0%
CHRS	F	0.0%
TERN	F	0.0%
ALDX	F	0.0%
AMPX	C	0.0%
LSEA	F	0.0%
DLHC	F	0.0%
ORGO	B	0.0%
UHG	C	0.0%
ALNT	C	0.0%
LASR	F	0.0%
STTK	F	0.0%
FUBO	F	0.0%
HDSN	F	0.0%
CZFS	A	0.0%
SST	F	0.0%
NATR	B	0.0%
EHAB	D	0.0%
SVCO	F	0.0%
AVTE	D	0.0%
PROP	F	0.0%
ORN	C	0.0%
HBIO	F	0.0%
GALT	C	0.0%
NVTS	F	0.0%
FIGS	F	0.0%
ARIS	A	0.0%
PBYI	D	0.0%
PAL	F	0.0%
CLBK	B	0.0%
AKBA	C	0.0%
VALU	A	0.0%
HCAT	C	0.0%
INNV	D	0.0%
AOMR	D	0.0%
OOMA	A	0.0%
ANIK	D	0.0%
CDXS	C	0.0%
TNYA	D	0.0%
BOOM	F	0.0%
AILE	D	0.0%
CABA	F	0.0%
SNDA	F	0.0%
OABI	D	0.0%
MOND	F	0.0%
NGS	A	0.0%
FG	A	0.0%
GUTS	F	0.0%
EYE	C	0.0%
CRDF	D	0.0%
ALXO	F	0.0%
FLWS	D	0.0%
BOW	A	0.0%
MYFW	A	0.0%
DNTH	D	0.0%
GMGI	C	0.0%
METCB	C	0.0%
NOTE	F	0.0%
HOV	F	0.0%
KYTX	F	0.0%
ANRO	F	0.0%
OPEN	F	0.0%
MAPS	C	0.0%
USCB	A	0.0%
CURV	D	0.0%
CTNM	C	0.0%
PCRX	C	0.0%
ATNM	D	0.0%
LVO	F	0.0%
LXRX	F	0.0%
PSTX	D	0.0%
NRDY	F	0.0%
RDW	A	0.0%
OUST	C	0.0%
CLPR	D	0.0%
STKS	F	0.0%
CRSR	C	0.0%
OBIO	C	0.0%
HLLY	D	0.0%
PLL	C	0.0%
AVO	B	0.0%
CCO	D	0.0%
CRVO	F	0.0%
PEPG	F	0.0%
FOR	F	0.0%
BMBL	C	0.0%
TTSH	D	0.0%
DXPE	A	0.0%
QTRX	D	0.0%
STRW	D	0.0%
WBTN	D	0.0%
VERU	F	0.0%
VTSI	C	0.0%
DCGO	B	0.0%

IWO Underweight 354 Positions Relative to DES

Symbol	Grade	Weight
OGN	F	-1.07%
TFSL	A	-0.84%
EPR	D	-0.72%
ALE	A	-0.72%
TPG	B	-0.65%
NSA	C	-0.64%
FIBK	A	-0.63%
SBRA	C	-0.63%
SLG	B	-0.62%
BNL	D	-0.62%
TNL	A	-0.61%
BKH	A	-0.56%
EPRT	C	-0.56%
JWN	A	-0.56%
SMG	D	-0.55%
OGS	A	-0.54%
NHI	D	-0.52%
KSS	F	-0.51%
CATY	A	-0.5%
ASB	A	-0.49%
SR	A	-0.49%
NWE	C	-0.48%
AVNT	A	-0.46%
CRC	B	-0.45%
FHB	A	-0.45%
VAC	B	-0.44%
TDS	B	-0.44%
AVA	C	-0.44%
FFBC	A	-0.44%
PNM	B	-0.43%
IBOC	A	-0.42%
VIRT	A	-0.4%
RUSHA	B	-0.39%
TGNA	B	-0.38%
CUZ	B	-0.37%
CRI	D	-0.37%
SFNC	B	-0.37%
KRO	D	-0.37%
LEG	F	-0.36%
FULT	A	-0.36%
PPBI	A	-0.36%
PINC	B	-0.36%
IIPR	F	-0.35%
SLM	A	-0.35%
BOH	A	-0.34%
HWC	A	-0.34%
CBU	A	-0.34%
PHIN	A	-0.34%
NWBI	A	-0.33%
CDP	C	-0.33%
AUB	A	-0.33%
UCB	A	-0.33%
PFS	A	-0.33%
EBC	A	-0.32%
CVBF	A	-0.32%
HP	C	-0.32%
UVV	B	-0.3%
XRX	F	-0.3%
NHC	B	-0.29%
BRC	C	-0.29%
MATX	B	-0.28%
INDB	A	-0.28%
UMBF	A	-0.28%
WSBC	A	-0.27%
SPB	C	-0.27%
KMT	B	-0.27%
FRME	A	-0.27%
ABM	B	-0.27%
KMPR	A	-0.26%
BKU	A	-0.26%
PRK	A	-0.26%
GEF	A	-0.25%
GBX	A	-0.25%
NWN	A	-0.25%
SASR	A	-0.24%
CNO	A	-0.23%
HTLF	A	-0.23%
STRA	C	-0.23%
WTTR	A	-0.23%
PRDO	B	-0.23%
BANR	A	-0.23%
IBTX	A	-0.23%
TOWN	A	-0.23%
DLX	A	-0.23%
GRNT	B	-0.23%
BHE	B	-0.23%
KFY	B	-0.22%
CPK	A	-0.22%
HOPE	A	-0.22%
PEBO	A	-0.22%
TRMK	A	-0.21%
SCS	A	-0.21%
WINA	B	-0.21%
VHI	C	-0.2%
MAC	A	-0.2%
ACA	B	-0.2%
SJW	F	-0.2%
NBTB	A	-0.19%
IRT	A	-0.19%
UTL	C	-0.19%
ABCB	A	-0.19%
WAFD	A	-0.19%
CXT	D	-0.19%
BANC	A	-0.19%
TEX	D	-0.19%
BTU	B	-0.19%
ANET	C	-0.18%
BGC	B	-0.18%
BFH	A	-0.18%
MLKN	F	-0.18%
GES	F	-0.18%
WMK	B	-0.18%
OFG	B	-0.18%
SXC	A	-0.18%
GHC	A	-0.17%
SBCF	A	-0.17%
WABC	A	-0.17%
CABO	B	-0.17%
LZB	A	-0.16%
NAVI	D	-0.16%
ETD	D	-0.16%
FCF	A	-0.16%
SRCE	A	-0.15%
ACCO	B	-0.15%
RNST	A	-0.15%
VSH	F	-0.15%
PFBC	A	-0.15%
MNRO	B	-0.15%
EBF	D	-0.15%
HMN	A	-0.15%
VBTX	A	-0.15%
HCC	B	-0.15%
STBA	A	-0.15%
CTBI	A	-0.15%
GABC	A	-0.15%
LXP	D	-0.15%
STC	A	-0.15%
HL	D	-0.15%
OCFC	A	-0.15%
SCVL	F	-0.14%
EPC	F	-0.14%
PCH	D	-0.14%
EGBN	A	-0.14%
BUSE	A	-0.14%
WGO	B	-0.14%
HSII	B	-0.14%
ARCH	B	-0.13%
PFC	A	-0.13%
RES	F	-0.13%
MCS	B	-0.13%
DAN	F	-0.13%
NNI	C	-0.13%
BRKL	A	-0.13%
WSFS	A	-0.13%
NBHC	A	-0.13%
ASIX	B	-0.12%
UNF	A	-0.12%
SBSI	B	-0.12%
SYBT	A	-0.12%
CFFN	A	-0.12%
NPK	B	-0.12%
RBCAA	A	-0.12%
BGS	F	-0.12%
DEI	B	-0.12%
EIG	A	-0.12%
LTC	B	-0.12%
PK	C	-0.12%
SAFT	A	-0.12%
TR	A	-0.11%
TCBK	A	-0.11%
WASH	A	-0.11%
FBK	A	-0.11%
DCOM	A	-0.11%
FBNC	A	-0.11%
MTX	B	-0.11%
SMP	C	-0.11%
SPTN	F	-0.11%
EFSC	A	-0.11%
KW	C	-0.1%
LMNR	C	-0.1%
HTH	B	-0.1%
CNXN	D	-0.1%
SPOK	B	-0.1%
FCPT	C	-0.1%
GTY	C	-0.1%
RYI	B	-0.1%
BHLB	A	-0.1%
UE	B	-0.1%
AKR	B	-0.1%
HAYN	A	-0.1%
UWMC	F	-0.09%
EE	A	-0.09%
FISI	A	-0.09%
HVT	F	-0.09%
SHO	D	-0.09%
FCBC	B	-0.09%
HFWA	A	-0.09%
WEYS	A	-0.09%
FBMS	A	-0.09%
HBNC	A	-0.09%
LGTY	B	-0.09%
GTN	F	-0.09%
NMRK	B	-0.09%
BHRB	A	-0.09%
MATW	C	-0.09%
HTBK	A	-0.09%
ASTE	B	-0.09%
NX	C	-0.08%
WNC	C	-0.08%
RUSHB	B	-0.08%
DRH	B	-0.08%
VLGEA	A	-0.08%
TRST	A	-0.08%
VSTS	F	-0.08%
SAVE	F	-0.08%
HPK	F	-0.08%
SCHL	F	-0.08%
HAFC	A	-0.08%
PKOH	A	-0.08%
HBT	A	-0.08%
SD	F	-0.08%
CMCO	C	-0.08%
MSB	B	-0.08%
ROIC	A	-0.08%
CPF	A	-0.08%
RDUS	C	-0.08%
BELFB	C	-0.08%
THFF	A	-0.08%
MBWM	A	-0.08%
RNGR	A	-0.08%
IBCP	A	-0.07%
XHR	B	-0.07%
CNOB	A	-0.07%
KELYA	F	-0.07%
IMMR	F	-0.07%
ESRT	D	-0.07%
BY	A	-0.07%
MBIN	D	-0.07%
ALEX	B	-0.07%
AAT	C	-0.07%
IVT	B	-0.07%
JBGS	D	-0.07%
TRS	D	-0.07%
CCNE	B	-0.06%
AMAL	B	-0.06%
NUS	C	-0.06%
KRNY	A	-0.06%
NFBK	A	-0.06%
QCRH	A	-0.06%
RLJ	C	-0.06%
HBB	F	-0.06%
CAC	A	-0.06%
RGP	F	-0.06%
KOP	C	-0.06%
MOV	C	-0.06%
MMI	A	-0.06%
ATNI	F	-0.06%
PEB	F	-0.06%
NEWT	B	-0.06%
ARTNA	F	-0.06%
IMKTA	C	-0.06%
DEA	D	-0.06%
VRE	A	-0.06%
FF	F	-0.06%
CMP	B	-0.06%
ALCO	D	-0.05%
ALRS	D	-0.05%
CTO	B	-0.05%
DBI	F	-0.05%
PGC	A	-0.05%
NC	C	-0.05%
ESCA	C	-0.05%
BFC	B	-0.05%
BSRR	B	-0.05%
EML	F	-0.05%
CSR	A	-0.05%
NRIM	A	-0.05%
FMBH	A	-0.05%
UTMD	D	-0.05%
JOUT	F	-0.05%
RGCO	C	-0.05%
FFIC	A	-0.05%
ZEUS	C	-0.05%
MSBI	A	-0.05%
NBN	A	-0.04%
LAKE	B	-0.04%
SMBC	A	-0.04%
HOFT	C	-0.04%
ARC	A	-0.04%
GSBC	A	-0.04%
OPY	B	-0.04%
DGICA	A	-0.04%
AMTB	B	-0.04%
FMNB	A	-0.04%
OSBC	A	-0.04%
ORRF	A	-0.04%
TWIN	D	-0.04%
CLAR	C	-0.04%
WSR	B	-0.04%
HURC	C	-0.04%
SHEN	F	-0.04%
SVC	F	-0.04%
RELL	B	-0.04%
FSBC	A	-0.04%
EQBK	A	-0.04%
MEI	F	-0.04%
OBK	A	-0.04%
FLIC	A	-0.04%
SMBK	A	-0.04%
CLDT	C	-0.03%
FSBW	B	-0.03%
CATO	C	-0.03%
CZNC	B	-0.03%
CSPI	C	-0.03%
SPFI	A	-0.03%
BSET	B	-0.03%
ACU	C	-0.03%
AROW	A	-0.03%
GNTY	A	-0.03%
BHB	A	-0.03%
BRT	A	-0.03%
HONE	A	-0.03%
OLP	A	-0.03%
GMRE	D	-0.03%
UFCS	A	-0.03%
PHX	A	-0.03%
BMRC	A	-0.03%
AMRK	F	-0.03%
WTBA	A	-0.03%
CIVB	A	-0.03%
FRST	A	-0.03%
PLYM	F	-0.03%
LCUT	F	-0.03%
MBCN	C	-0.02%
UNTY	A	-0.02%
RRBI	A	-0.02%
SSBK	A	-0.02%
CBNK	A	-0.02%
III	C	-0.02%
VOC	C	-0.02%
RMR	F	-0.02%
SGA	F	-0.02%
ISTR	A	-0.02%
LAND	F	-0.02%
FRBA	D	-0.02%
PKST	F	-0.02%
NECB	A	-0.02%
DHC	F	-0.02%
FPI	B	-0.02%
FDBC	B	-0.01%
OBT	B	-0.01%
PLBC	A	-0.01%
PINE	D	-0.01%
FNWB	C	-0.0%