IWO vs. VFQY ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to Vanguard U.S. Quality Factor ETF (VFQY)

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

$262.53

Average Daily Volume

316,892

Number of Holdings ^*

1050

* may have additional holdings in another (foreign) market

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$133.78

Average Daily Volume

8,763

Number of Holdings ^*

353

* may have additional holdings in another (foreign) market

Performance

Period	IWO	VFQY
30 Days	0.69%	1.36%
60 Days	2.80%	2.01%
90 Days	-2.92%	-1.91%
12 Months	9.77%	19.94%

114 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in VFQY	Overlap
ACAD	D	0.16%	0.03%	0.03%
ACLS	B	0.35%	0.1%	0.1%
AEO	F	0.06%	0.16%	0.06%
AIT	C	0.57%	0.25%	0.25%
ALKS	D	0.31%	0.29%	0.29%
AMR	F	0.02%	0.03%	0.02%
ANF	B	0.34%	0.27%	0.27%
ANIP	C	0.05%	0.09%	0.05%
APAM	C	0.14%	0.02%	0.02%
APOG	C	0.04%	0.27%	0.04%
APPF	B	0.37%	0.15%	0.15%
ARLO	B	0.08%	0.1%	0.08%
ASO	F	0.3%	0.17%	0.17%
ATEN	C	0.07%	0.14%	0.07%
ATKR	D	0.38%	0.11%	0.11%
ATRC	D	0.06%	0.02%	0.02%
AVAV	C	0.37%	0.06%	0.06%
AX	C	0.03%	0.38%	0.03%
BBSI	B	0.06%	0.18%	0.06%
BBW	D	0.02%	0.25%	0.02%
BECN	D	0.05%	0.05%	0.05%
BELFB	B	0.0%	0.11%	0.0%
BKE	D	0.09%	0.06%	0.06%
BLBD	B	0.01%	0.24%	0.01%
BMI	D	0.42%	0.11%	0.11%
CALM	B	0.18%	0.14%	0.14%
CARG	B	0.19%	0.07%	0.07%
CASH	B	0.04%	0.33%	0.04%
CCRN	F	0.01%	0.02%	0.01%
CDRE	C	0.05%	0.1%	0.05%
CHCO	B	0.01%	0.15%	0.01%
CHX	C	0.5%	0.5%	0.5%
COKE	A	0.39%	0.13%	0.13%
COUR	F	0.07%	0.02%	0.02%
CPRX	C	0.13%	0.03%	0.03%
CRAI	B	0.09%	0.07%	0.07%
CRVL	C	0.17%	0.19%	0.17%
CSGS	F	0.09%	0.15%	0.09%
CSWI	B	0.31%	0.13%	0.13%
CTS	B	0.12%	0.05%	0.05%
CVLT	A	0.38%	0.42%	0.38%
DFIN	D	0.08%	0.02%	0.02%
DUOL	B	0.48%	0.1%	0.1%
EGY	C	0.01%	0.12%	0.01%
ELF	B	0.91%	0.21%	0.21%
EPAC	B	0.16%	0.18%	0.16%
EVER	D	0.03%	0.12%	0.03%
EXLS	B	0.39%	0.04%	0.04%
EXTR	C	0.13%	0.23%	0.13%
FBP	A	0.02%	0.47%	0.02%
FC	D	0.03%	0.11%	0.03%
FIX	D	0.86%	0.19%	0.19%
FIZZ	B	0.09%	0.19%	0.09%
GMS	F	0.08%	0.18%	0.08%
GOLF	C	0.15%	0.05%	0.05%
HAE	D	0.32%	0.13%	0.13%
HCKT	D	0.04%	0.15%	0.04%
HNI	C	0.01%	0.13%	0.01%
HWKN	A	0.13%	0.1%	0.1%
IDT	C	0.03%	0.16%	0.03%
IESC	D	0.09%	0.14%	0.09%
IOSP	C	0.21%	0.1%	0.1%
JBSS	D	0.07%	0.17%	0.07%
KAI	B	0.26%	0.12%	0.12%
KFRC	D	0.09%	0.27%	0.09%
LANC	C	0.28%	0.14%	0.14%
LKFN	C	0.01%	0.03%	0.01%
LMB	B	0.01%	0.18%	0.01%
LNTH	B	0.43%	0.25%	0.25%
LYTS	D	0.02%	0.05%	0.02%
MCFT	F	0.02%	0.09%	0.02%
MCRI	B	0.07%	0.11%	0.07%
MED	F	0.02%	0.28%	0.02%
MLI	C	0.21%	0.3%	0.21%
MRC	C	0.03%	0.07%	0.03%
MYE	F	0.04%	0.12%	0.04%
NMIH	A	0.02%	0.06%	0.02%
NSP	F	0.25%	0.37%	0.25%
NSSC	B	0.13%	0.03%	0.03%
NTB	B	0.01%	0.27%	0.01%
OII	C	0.18%	0.03%	0.03%
OXM	D	0.09%	0.18%	0.09%
PDCO	D	0.03%	0.07%	0.03%
PJT	A	0.2%	0.16%	0.16%
PLMR	C	0.15%	0.16%	0.15%
PRMW	C	0.04%	0.1%	0.04%
PRTS	F	0.0%	0.03%	0.0%
PSMT	C	0.11%	0.09%	0.09%
QLYS	D	0.41%	0.49%	0.41%
RYI	F	0.0%	0.04%	0.0%
SFIX	B	0.01%	0.03%	0.01%
SHOO	B	0.24%	0.21%	0.21%
SLVM	B	0.19%	0.1%	0.1%
SMCI	C	3.5%	0.03%	0.03%
SONO	F	0.14%	0.1%	0.1%
SSD	F	0.57%	0.42%	0.42%
STRL	B	0.24%	0.11%	0.11%
SUPN	D	0.1%	0.08%	0.08%
SXI	D	0.12%	0.05%	0.05%
TBBK	B	0.14%	0.27%	0.14%
TCMD	F	0.02%	0.03%	0.02%
TNC	D	0.07%	0.12%	0.07%
TNET	F	0.25%	0.29%	0.25%
UFPI	D	0.08%	0.37%	0.08%
USNA	F	0.04%	0.02%	0.02%
UVE	C	0.01%	0.04%	0.01%
VRTS	C	0.02%	0.1%	0.02%
WABC	C	0.03%	0.15%	0.03%
WDFC	F	0.23%	0.23%	0.23%
WFRD	C	0.68%	0.36%	0.36%
WNC	D	0.08%	0.04%	0.04%
WTS	D	0.39%	0.18%	0.18%
YELP	F	0.19%	0.08%	0.08%
YEXT	D	0.04%	0.04%	0.04%

IWO Overweight 936 Positions Relative to VFQY

Symbol	Grade	Weight
MSTR	C	1.75%
INSM	B	0.78%
FTAI	B	0.78%
ONTO	B	0.71%
FN	B	0.7%
SFM	A	0.64%
PCVX	B	0.64%
ATI	C	0.56%
ITCI	C	0.55%
HQY	A	0.55%
SPSC	C	0.53%
HALO	A	0.52%
ENSG	B	0.51%
BPMC	B	0.51%
NXT	D	0.48%
CVNA	B	0.47%
MTSI	A	0.47%
RMBS	D	0.47%
NOVT	B	0.45%
AAON	B	0.45%
FLR	B	0.44%
RHP	D	0.44%
NSIT	B	0.43%
GKOS	A	0.43%
SIGI	F	0.43%
CWST	B	0.43%
APG	B	0.42%
MMS	B	0.41%
ALTR	B	0.41%
SPXC	B	0.4%
VKTX	D	0.4%
CYTK	D	0.4%
TENB	D	0.39%
VRNS	B	0.39%
FSS	D	0.39%
CBT	D	0.39%
DY	B	0.38%
MMSI	A	0.37%
IBP	D	0.37%
EXPO	B	0.37%
BCPC	B	0.37%
FORM	B	0.36%
OPCH	F	0.36%
TMDX	A	0.36%
LNW	B	0.35%
BCO	B	0.35%
VAL	B	0.34%
TDW	C	0.34%
MARA	B	0.34%
FELE	D	0.34%
NE	D	0.33%
MDGL	B	0.33%
MGY	C	0.32%
RVMD	C	0.31%
FCFS	F	0.31%
AEIS	B	0.31%
BOOT	B	0.3%
CRDO	B	0.3%
POWI	F	0.3%
KRYS	B	0.3%
ENS	B	0.3%
KTB	D	0.29%
BOX	D	0.29%
HRI	D	0.29%
VRRM	B	0.29%
FFIN	C	0.29%
GTLS	D	0.29%
PI	C	0.28%
ACIW	A	0.28%
SEM	B	0.28%
WK	D	0.28%
FUL	D	0.28%
QTWO	C	0.27%
SLAB	F	0.27%
ALTM	F	0.27%
CBZ	D	0.27%
RDNT	B	0.27%
SHAK	D	0.26%
BLKB	C	0.26%
AXNX	B	0.26%
WHD	B	0.26%
PIPR	A	0.25%
IRTC	B	0.25%
MOD	C	0.25%
SMPL	D	0.25%
GH	C	0.25%
ENV	C	0.24%
JBT	C	0.24%
HGV	D	0.24%
SXT	C	0.24%
NOG	D	0.23%
LRN	B	0.23%
ARWR	C	0.23%
IDCC	B	0.23%
EAT	B	0.23%
ALRM	D	0.23%
HI	F	0.22%
ICFI	B	0.22%
AXSM	B	0.22%
FOLD	F	0.22%
CVCO	D	0.22%
CERE	D	0.22%
VC	D	0.22%
AWR	D	0.21%
BL	D	0.21%
DNLI	B	0.21%
MWA	C	0.21%
FTDR	C	0.21%
KOS	D	0.2%
PRFT	B	0.2%
ORA	C	0.2%
SWTX	D	0.2%
MGRC	D	0.2%
RPD	D	0.2%
CORT	B	0.2%
HLNE	B	0.2%
PRGS	B	0.19%
PRCT	D	0.19%
ZETA	B	0.19%
JJSF	B	0.19%
HIMS	C	0.19%
TGTX	B	0.19%
PLXS	C	0.19%
DIOD	D	0.19%
STEP	A	0.19%
BE	C	0.19%
RXO	A	0.19%
MYRG	F	0.18%
PGNY	D	0.18%
STAA	C	0.18%
SG	B	0.18%
ACVA	C	0.18%
AIN	D	0.18%
NARI	C	0.18%
KWR	D	0.18%
ROAD	B	0.18%
BDC	B	0.18%
DORM	B	0.18%
ENR	C	0.17%
RYTM	C	0.17%
EVTC	F	0.17%
IGT	C	0.17%
NJR	C	0.17%
IPAR	D	0.17%
ENVX	B	0.17%
SITM	B	0.17%
MTRN	D	0.17%
VCEL	C	0.17%
EVH	F	0.17%
OSIS	C	0.17%
PTCT	C	0.16%
PD	B	0.16%
BRZE	D	0.16%
SKY	F	0.16%
FOXF	D	0.16%
BBIO	F	0.16%
NUVL	C	0.16%
BRBR	C	0.16%
TEX	D	0.16%
AGYS	A	0.16%
FRSH	D	0.16%
CNMD	D	0.16%
ACLX	B	0.16%
DOCN	D	0.16%
CALX	C	0.16%
BWIN	A	0.16%
STNE	D	0.16%
SIX	B	0.15%
CAKE	B	0.15%
OTTR	C	0.15%
PRVA	D	0.15%
CNK	A	0.15%
AMN	F	0.15%
UPST	F	0.14%
FLYW	F	0.14%
ASTH	B	0.14%
BATRK	C	0.14%
MC	C	0.14%
AI	B	0.14%
PRKS	C	0.14%
HURN	C	0.14%
UFPT	B	0.14%
KLIC	B	0.14%
CNS	B	0.14%
JOE	C	0.14%
VRNT	C	0.14%
BEAM	D	0.13%
NGVT	F	0.13%
LMAT	B	0.13%
AVDX	B	0.13%
SPT	D	0.13%
BLMN	F	0.13%
ETRN	D	0.13%
RELY	F	0.13%
SGRY	F	0.13%
RXST	C	0.13%
GERN	C	0.13%
ALG	F	0.13%
DRS	B	0.13%
CCOI	D	0.12%
ATMU	C	0.12%
CPK	C	0.12%
UPBD	D	0.12%
GFF	D	0.12%
MXL	B	0.12%
AVPT	A	0.12%
AMPH	F	0.12%
CSTM	F	0.12%
ROG	C	0.12%
PSN	B	0.12%
ESE	C	0.12%
YOU	B	0.12%
LAUR	C	0.12%
HLIO	D	0.12%
ARRY	F	0.12%
THRM	F	0.12%
CHEF	B	0.11%
RKLB	B	0.11%
WT	B	0.11%
VITL	A	0.11%
USPH	F	0.11%
INMD	D	0.11%
MGEE	D	0.11%
RRR	B	0.11%
WRBY	B	0.11%
IMVT	F	0.11%
HEES	D	0.11%
BORR	B	0.11%
BGC	C	0.11%
PAGS	D	0.11%
LNN	B	0.11%
AKRO	C	0.11%
EVBG	C	0.11%
INTA	B	0.11%
PAYO	C	0.11%
IDYA	F	0.11%
OI	F	0.11%
DDS	C	0.11%
KYMR	D	0.1%
VIAV	F	0.1%
DVAX	F	0.1%
ARVN	D	0.1%
ADMA	A	0.1%
GSHD	D	0.1%
APPN	D	0.1%
RIOT	F	0.1%
AMBA	C	0.1%
OSW	B	0.1%
PWSC	B	0.1%
PCRX	D	0.1%
HLIT	B	0.1%
KALU	D	0.1%
MEG	C	0.1%
ASTS	B	0.1%
ZUO	C	0.1%
SKT	C	0.1%
CARS	B	0.1%
UPWK	D	0.1%
SNDX	D	0.1%
PLAY	F	0.1%
PDFS	B	0.09%
SHLS	F	0.09%
FLNC	F	0.09%
PHR	D	0.09%
MNKD	B	0.09%
ALKT	C	0.09%
JAMF	D	0.09%
ASAN	D	0.09%
LZ	D	0.09%
HBI	C	0.09%
PTGX	B	0.09%
MORF	B	0.09%
KROS	F	0.09%
NVEE	D	0.09%
MSGE	D	0.09%
TRUP	B	0.09%
SYBT	B	0.09%
MGPI	D	0.09%
NVAX	C	0.09%
ROCK	F	0.09%
PZZA	F	0.09%
VCTR	D	0.09%
RCKT	F	0.09%
MTDR	D	0.09%
UTZ	D	0.09%
OEC	F	0.09%
ARDX	C	0.08%
PR	C	0.08%
ARCB	D	0.08%
TRNS	D	0.08%
CXM	D	0.08%
AMRC	D	0.08%
HRMY	C	0.08%
JACK	F	0.08%
ADEA	C	0.08%
COCO	C	0.08%
SILK	B	0.08%
SPNS	B	0.08%
INFN	B	0.08%
SFBS	C	0.08%
SDGR	F	0.08%
COLL	D	0.08%
ASGN	D	0.08%
SBH	D	0.08%
JBI	F	0.08%
MRTN	C	0.07%
UUUU	D	0.07%
STR	C	0.07%
ZWS	D	0.07%
PRTA	F	0.07%
INDI	D	0.07%
BCRX	B	0.07%
CWT	C	0.07%
NG	B	0.07%
CMPR	C	0.07%
COMP	D	0.07%
SMMT	C	0.07%
URBN	C	0.07%
PRO	D	0.07%
CBRL	F	0.07%
WWW	B	0.07%
MSEX	D	0.07%
SSTK	F	0.07%
LCII	F	0.07%
NABL	A	0.07%
MOG.A	C	0.07%
OUT	C	0.07%
DGII	D	0.06%
VZIO	B	0.06%
ERII	F	0.06%
MGNI	B	0.06%
CWH	F	0.06%
ARQT	B	0.06%
USLM	B	0.06%
APGE	D	0.06%
VICR	F	0.06%
AUPH	C	0.06%
SQSP	A	0.06%
FSLY	F	0.06%
HCSG	D	0.06%
SLP	C	0.06%
AMK	B	0.06%
UDMY	D	0.06%
IMAX	B	0.06%
SAVA	F	0.06%
HLF	D	0.06%
CVI	F	0.06%
XPRO	B	0.06%
HY	B	0.06%
OCUL	B	0.06%
XPEL	F	0.06%
DAWN	D	0.06%
TTGT	B	0.06%
EXPI	D	0.06%
QNST	C	0.06%
MIRM	B	0.06%
CENX	C	0.06%
ADUS	B	0.06%
HIBB	A	0.06%
LPG	D	0.06%
FIGS	D	0.05%
OMCL	F	0.05%
ETNB	F	0.05%
ZIP	F	0.05%
CLDX	D	0.05%
AMPL	D	0.05%
RVLV	D	0.05%
PLRX	F	0.05%
RSI	B	0.05%
IE	F	0.05%
XNCR	F	0.05%
GDEN	D	0.05%
ATRI	C	0.05%
HL	D	0.05%
NEXT	B	0.05%
IMXI	C	0.05%
PNTG	B	0.05%
HROW	B	0.05%
IAS	C	0.05%
PWP	B	0.05%
RDFN	F	0.05%
CTKB	D	0.05%
HCI	D	0.05%
SMR	B	0.05%
BASE	D	0.05%
BLFS	B	0.05%
VERA	D	0.05%
PECO	C	0.05%
ALHC	B	0.05%
RGR	F	0.05%
DYN	B	0.05%
VVI	D	0.05%
PAX	F	0.05%
DBRG	D	0.05%
LGF.A	D	0.05%
GSAT	D	0.05%
IBRX	D	0.05%
INST	C	0.04%
MITK	F	0.04%
GDYN	D	0.04%
EOLS	D	0.04%
CBL	B	0.04%
LAZR	F	0.04%
KRUS	F	0.04%
EPRT	A	0.04%
ALX	B	0.04%
OSPN	B	0.04%
CASS	F	0.04%
JOBY	D	0.04%
AHCO	C	0.04%
CRNX	C	0.04%
NRDS	B	0.04%
GRBK	B	0.04%
CCB	B	0.04%
DOLE	C	0.04%
SIBN	F	0.04%
CLFD	B	0.04%
STKL	D	0.04%
BJRI	B	0.04%
AROC	C	0.04%
VRDN	D	0.04%
UHT	B	0.04%
IIIV	C	0.04%
GRND	A	0.04%
ARKO	C	0.04%
DIN	F	0.04%
PETQ	B	0.04%
LPRO	F	0.04%
FWRD	D	0.04%
PLOW	D	0.04%
BBUC	D	0.04%
SAGE	F	0.04%
BIGC	C	0.04%
YORW	C	0.04%
APLD	C	0.04%
ACEL	D	0.04%
PARR	D	0.04%
TPB	B	0.04%
SOUN	D	0.04%
TVTX	C	0.04%
PBI	C	0.04%
FLNG	B	0.04%
ZD	C	0.04%
NBR	D	0.04%
SRDX	A	0.04%
ALEC	D	0.03%
HRTX	B	0.03%
ALNT	F	0.03%
NRC	F	0.03%
PNM	D	0.03%
EB	F	0.03%
BWMN	C	0.03%
WERN	D	0.03%
MQ	D	0.03%
SIGA	D	0.03%
ENFN	D	0.03%
NOVA	D	0.03%
IRWD	F	0.03%
CSV	C	0.03%
LWLG	F	0.03%
RILY	F	0.03%
PX	C	0.03%
CMP	F	0.03%
CHUY	F	0.03%
CRGY	B	0.03%
LGF.A	D	0.03%
GVA	B	0.03%
COGT	C	0.03%
MLNK	B	0.03%
RICK	F	0.03%
ANAB	B	0.03%
URGN	C	0.03%
BTSG	C	0.03%
CLSK	C	0.03%
INOD	B	0.03%
MNTK	C	0.03%
CVGW	F	0.03%
ATEC	D	0.03%
GCMG	C	0.03%
IRON	C	0.03%
BFS	C	0.03%
CEVA	D	0.03%
DHIL	F	0.03%
ATXS	D	0.03%
KIDS	F	0.03%
SEMR	D	0.03%
EVRI	C	0.03%
BYND	F	0.03%
SHYF	F	0.03%
CHCT	D	0.03%
ATEX	C	0.03%
ACCD	F	0.03%
NN	C	0.03%
TTI	D	0.03%
BATRA	C	0.03%
AGS	B	0.03%
AMSF	D	0.03%
BIPC	B	0.03%
MBUU	F	0.03%
ITRI	D	0.03%
SGHC	D	0.03%
DMRC	B	0.03%
CRSR	F	0.03%
LQDA	D	0.03%
MLAB	F	0.03%
CDMO	F	0.03%
TRN	B	0.03%
PTLO	F	0.03%
JYNT	D	0.02%
EVCM	B	0.02%
PPTA	C	0.02%
LBRT	C	0.02%
TERN	C	0.02%
BOWL	B	0.02%
INSE	C	0.02%
FORR	D	0.02%
RCEL	F	0.02%
MATW	F	0.02%
GLNG	A	0.02%
CSTL	D	0.02%
SCL	C	0.02%
OM	D	0.02%
PBPB	D	0.02%
MVIS	F	0.02%
YMAB	D	0.02%
WTI	F	0.02%
PTEN	D	0.02%
LGND	B	0.02%
PRME	F	0.02%
GBTG	B	0.02%
UTMD	F	0.02%
SNEX	C	0.02%
OSCR	D	0.02%
VMD	F	0.02%
CLMB	B	0.02%
IRBT	F	0.02%
RVNC	F	0.02%
CRMD	D	0.02%
CABA	F	0.02%
LUNG	F	0.02%
OOMA	C	0.02%
SABR	F	0.02%
THS	C	0.02%
UTL	C	0.02%
COMM	D	0.02%
FIHL	D	0.02%
CTOS	F	0.02%
BRCC	C	0.02%
KIND	B	0.02%
RCUS	D	0.02%
FNKO	C	0.02%
AMSWA	D	0.02%
HASI	C	0.02%
ZNTL	F	0.02%
FCPT	B	0.02%
ARTNA	F	0.02%
MAX	F	0.02%
DOMO	D	0.02%
DFH	D	0.02%
RMR	F	0.02%
REPX	B	0.02%
CYRX	F	0.02%
ABUS	B	0.02%
DCGO	F	0.02%
TH	D	0.02%
OLO	F	0.02%
EGHT	F	0.02%
HUMA	D	0.02%
SGH	B	0.02%
BANF	C	0.02%
NXRT	B	0.02%
CTLP	C	0.02%
LTH	B	0.02%
EE	B	0.02%
VGR	C	0.02%
TWKS	C	0.02%
SPWR	C	0.02%
DSGR	F	0.02%
HSTM	B	0.02%
CTRE	C	0.02%
LQDT	B	0.02%
BSIG	C	0.02%
NHI	A	0.02%
PATK	C	0.02%
AGM	C	0.02%
RDVT	A	0.02%
SYNA	F	0.02%
CRCT	F	0.02%
DENN	D	0.02%
LFST	F	0.02%
SNCY	D	0.02%
ESQ	C	0.02%
ADPT	C	0.02%
MMI	D	0.02%
PRG	C	0.02%
CHGG	F	0.02%
FNA	F	0.02%
PL	F	0.02%
WEST	C	0.02%
AXGN	C	0.02%
SKWD	C	0.02%
NTLA	D	0.02%
AEHR	F	0.02%
XERS	B	0.02%
TMCI	F	0.02%
CLB	B	0.02%
GATX	B	0.02%
DNUT	F	0.02%
VYGR	F	0.02%
WEAV	D	0.02%
XPOF	B	0.02%
LOVE	D	0.02%
CERS	D	0.02%
IRMD	B	0.02%
AVXL	C	0.02%
EWCZ	F	0.02%
CGON	F	0.02%
NVEC	D	0.02%
GIC	F	0.02%
MODV	C	0.02%
AVO	F	0.01%
AESI	D	0.01%
SBGI	C	0.01%
ATOM	F	0.01%
LESL	F	0.01%
VTNR	F	0.01%
LXEO	C	0.01%
SKYX	D	0.01%
SCWO	F	0.01%
HQI	F	0.01%
MRNS	F	0.01%
GES	F	0.01%
LXRX	D	0.01%
VERI	F	0.01%
NAPA	F	0.01%
NVTS	F	0.01%
CNTY	F	0.01%
EYE	D	0.01%
VMEO	D	0.01%
FA	C	0.01%
FDMT	D	0.01%
AVBP	C	0.01%
TCX	D	0.01%
QTRX	F	0.01%
NDLS	D	0.01%
MGNX	F	0.01%
SSP	D	0.01%
ACRS	F	0.01%
TYRA	D	0.01%
BBAI	D	0.01%
EMBC	C	0.01%
EVEX	F	0.01%
EP	F	0.01%
ALGT	F	0.01%
OPTN	D	0.01%
MPX	D	0.01%
TELA	F	0.01%
INBX	D	0.01%
ODC	F	0.01%
PHAT	C	0.01%
EXFY	F	0.01%
HLVX	B	0.01%
SRI	D	0.01%
PDSB	F	0.01%
AMWD	F	0.01%
BLNK	F	0.01%
SPNT	D	0.01%
DH	F	0.01%
CURV	B	0.01%
PRTH	B	0.01%
MOND	D	0.01%
BOOM	C	0.01%
SPCE	F	0.01%
EVI	D	0.01%
STKS	F	0.01%
BMEA	F	0.01%
INVA	B	0.01%
KRMD	B	0.01%
KFS	C	0.01%
HTBI	B	0.01%
BBCP	F	0.01%
GOOD	B	0.01%
OMER	B	0.01%
DJCO	B	0.01%
PAR	B	0.01%
BAND	D	0.01%
MGTX	F	0.01%
ITI	D	0.01%
AMLX	D	0.01%
SBOW	B	0.01%
TREE	D	0.01%
NVRO	F	0.01%
PAHC	C	0.01%
INNV	C	0.01%
UTI	C	0.01%
CMPO	C	0.01%
EAF	F	0.01%
NRDY	F	0.01%
TTEC	F	0.01%
DC	D	0.01%
SMTI	F	0.01%
SSTI	F	0.01%
KPTI	F	0.01%
LUNA	D	0.01%
PLUS	C	0.01%
KLTR	C	0.01%
SNBR	F	0.01%
THR	C	0.01%
INTT	F	0.01%
CWCO	D	0.01%
VTYX	F	0.01%
CVRX	C	0.01%
TIPT	D	0.01%
ALTI	C	0.01%
CCRD	C	0.01%
TSQ	D	0.01%
RRGB	D	0.01%
EVC	F	0.01%
HBIO	F	0.01%
FHTX	C	0.01%
OBIO	B	0.01%
SEAT	C	0.01%
GAMB	D	0.01%
KE	D	0.01%
GCBC	B	0.01%
SCPH	D	0.01%
INFU	D	0.01%
CDZI	B	0.01%
PMTS	B	0.01%
QIPT	D	0.01%
CRD.B	F	0.01%
EGAN	D	0.01%
SLRN	D	0.01%
PAYS	C	0.01%
CLPT	F	0.01%
ISPR	C	0.01%
KGS	C	0.01%
FSBC	B	0.01%
CCBG	B	0.01%
MRSN	F	0.01%
LCTX	D	0.01%
SGHT	B	0.01%
RIGL	F	0.01%
MLP	C	0.01%
PLPC	F	0.01%
LVWR	C	0.01%
IBEX	B	0.01%
AORT	A	0.01%
DSP	B	0.01%
HPK	D	0.01%
SKYT	D	0.01%
LGIH	F	0.01%
PFMT	C	0.01%
LMND	D	0.01%
SVV	F	0.01%
GWRS	C	0.01%
VRCA	D	0.01%
FLL	D	0.01%
CHRS	F	0.01%
PUBM	D	0.01%
CRGX	F	0.01%
NBTB	B	0.01%
PCT	C	0.01%
SKIN	F	0.01%
NEO	D	0.01%
GNE	F	0.01%
RMNI	B	0.01%
SAMG	C	0.01%
PFSI	A	0.01%
KNTK	A	0.01%
UMH	B	0.01%
SMLR	C	0.01%
ZYXI	D	0.01%
OPRX	F	0.01%
ALDX	F	0.01%
ARAY	D	0.01%
OFLX	F	0.01%
FWRG	F	0.01%
GPRE	F	0.01%
EPM	F	0.01%
NATH	C	0.01%
CCSI	D	0.01%
ACMR	D	0.01%
EYPT	F	0.01%
PRIM	C	0.01%
CLBK	D	0.01%
ECVT	D	0.01%
IONQ	F	0.01%
ALTG	F	0.01%
TPIC	D	0.01%
ULCC	F	0.01%
PACB	F	0.01%
EOSE	C	0.01%
BALY	D	0.01%
GRC	B	0.01%
LIVN	C	0.01%
KRT	B	0.01%
REX	D	0.01%
HCAT	F	0.01%
ATNM	D	0.01%
LBPH	B	0.01%
PCYO	D	0.01%
SANM	B	0.01%
RNAC	C	0.0%
TWOU	F	0.0%
ATRA	F	0.0%
NB	F	0.0%
CXAI	F	0.0%
CUTR	F	0.0%
BIVI	F	0.0%
LPTV	F	0.0%
ESCA	D	0.0%
LLAP	F	0.0%
AMPX	F	0.0%
QRTEB	D	0.0%
KLXE	F	0.0%
VATE	F	0.0%
RBOT	F	0.0%
VLD	F	0.0%
CTXR	F	0.0%
CMT	F	0.0%
ATLC	C	0.0%
GNLX	F	0.0%
CMPX	F	0.0%
RGCO	C	0.0%
ZVIA	F	0.0%
TCBX	C	0.0%
XAIR	F	0.0%
RPHM	F	0.0%
CIFR	C	0.0%
BSVN	B	0.0%
AKTS	F	0.0%
CLAR	C	0.0%
PTSI	D	0.0%
IAUX	F	0.0%
SCLX	C	0.0%
RCKY	B	0.0%
SES	F	0.0%
AVTE	F	0.0%
MVBF	D	0.0%
CVGI	F	0.0%
SVRA	D	0.0%
MEC	B	0.0%
BOC	F	0.0%
NOTE	C	0.0%
TSBX	F	0.0%
MAXN	F	0.0%
BW	D	0.0%
TDUP	F	0.0%
PIII	F	0.0%
BGXX	D	0.0%
EYEN	F	0.0%
ORGO	D	0.0%
BTAI	F	0.0%
IMRX	F	0.0%
SHCR	B	0.0%
SOI	D	0.0%
BCML	C	0.0%
DFLI	D	0.0%
TELL	C	0.0%
MXCT	F	0.0%
PLBC	C	0.0%
FTCI	F	0.0%
CWBC	C	0.0%
FENC	F	0.0%
RNAC	C	0.0%
GTN	D	0.0%
PROK	D	0.0%
ELA	C	0.0%
ENTA	C	0.0%
NNOX	F	0.0%
FARO	F	0.0%
CDXS	D	0.0%
LIND	B	0.0%
AVAH	B	0.0%
CMBM	F	0.0%
HOUS	F	0.0%
VALU	B	0.0%
DTC	C	0.0%
CZFS	D	0.0%
EVGO	C	0.0%
STER	C	0.0%
MCB	C	0.0%
CLPR	D	0.0%
APPS	F	0.0%
LNZA	F	0.0%
CNSL	B	0.0%
RM	C	0.0%
ARIS	C	0.0%
WRLD	D	0.0%
SANA	F	0.0%
ASUR	B	0.0%
VIR	F	0.0%
AGEN	C	0.0%
XFOR	F	0.0%
BTMD	B	0.0%
FG	D	0.0%
SGMT	F	0.0%
AVD	F	0.0%
SPRY	D	0.0%
ACDC	F	0.0%
EHTH	F	0.0%
FEAM	F	0.0%
ITIC	B	0.0%
PLSE	B	0.0%
MLR	C	0.0%
PEPG	C	0.0%
NVCT	D	0.0%
AIRS	F	0.0%
JANX	D	0.0%
LPSN	F	0.0%
HSHP	B	0.0%
BTBT	B	0.0%
CUE	F	0.0%
MCRB	F	0.0%
MURA	F	0.0%
FSBW	B	0.0%
XMTR	F	0.0%
EVLV	F	0.0%
ARCT	F	0.0%
OMGA	F	0.0%
HG	B	0.0%
III	F	0.0%
OPEN	F	0.0%
STEL	D	0.0%
MLYS	D	0.0%
AKYA	F	0.0%
PLL	F	0.0%
GOGO	D	0.0%
CTGO	D	0.0%
NMRA	D	0.0%
HDSN	F	0.0%
OTLK	F	0.0%
CPS	D	0.0%
RDW	B	0.0%
RAPT	F	0.0%

IWO Underweight 239 Positions Relative to VFQY

Symbol	Grade	Weight
MMM	B	-1.94%
BMY	F	-1.82%
KLAC	B	-1.63%
QCOM	C	-1.6%
ABBV	B	-1.59%
ADBE	B	-1.56%
NKE	F	-1.56%
WMT	A	-1.54%
AAPL	B	-1.5%
TGT	D	-1.47%
ADSK	B	-1.46%
GILD	C	-1.41%
IDXX	D	-1.4%
LRCX	B	-1.38%
LULU	F	-1.34%
TJX	A	-1.16%
AMAT	B	-1.1%
CTAS	B	-1.08%
PEP	D	-0.91%
MCHP	C	-0.91%
ROST	B	-0.9%
NVDA	B	-0.88%
MRK	C	-0.83%
COST	B	-0.72%
AIG	D	-0.71%
FAST	F	-0.71%
LLY	A	-0.7%
V	D	-0.7%
MPC	D	-0.69%
PAYX	D	-0.68%
EQH	B	-0.65%
MSM	D	-0.65%
AMP	C	-0.63%
AYI	D	-0.62%
AXP	C	-0.61%
CHRW	B	-0.6%
CSCO	C	-0.6%
LSTR	B	-0.6%
RHI	F	-0.59%
BLDR	F	-0.58%
OXY	C	-0.57%
TDC	D	-0.57%
STT	C	-0.56%
RPM	D	-0.55%
DCI	D	-0.54%
SLM	C	-0.54%
META	B	-0.52%
ADP	D	-0.51%
KR	D	-0.51%
EOG	C	-0.5%
NTAP	A	-0.5%
JNJ	F	-0.49%
MAT	F	-0.49%
BBY	B	-0.48%
PYPL	F	-0.47%
PRI	B	-0.47%
AFL	B	-0.45%
DKS	B	-0.44%
EXPE	C	-0.42%
EBAY	B	-0.42%
BPOP	C	-0.42%
JXN	C	-0.4%
CAT	C	-0.4%
CNM	D	-0.4%
DECK	B	-0.39%
ROK	D	-0.39%
CDNS	B	-0.38%
MEDP	B	-0.38%
LECO	D	-0.38%
CHE	D	-0.38%
SCHW	C	-0.38%
EW	B	-0.38%
ECL	B	-0.36%
MANH	B	-0.35%
ZION	C	-0.35%
DLTR	F	-0.34%
TPR	B	-0.34%
OFG	C	-0.33%
WSFS	A	-0.33%
AOS	D	-0.33%
AMZN	B	-0.32%
NUE	D	-0.32%
IT	B	-0.32%
NTRS	C	-0.32%
KD	B	-0.31%
M	C	-0.31%
EA	B	-0.31%
CNO	C	-0.3%
WLY	B	-0.3%
DOCU	D	-0.3%
TREX	F	-0.3%
BCC	F	-0.29%
BJ	B	-0.29%
SYF	A	-0.29%
GPC	D	-0.28%
ACN	D	-0.28%
RL	B	-0.27%
PG	C	-0.26%
VRT	D	-0.26%
ULTA	F	-0.26%
OZK	D	-0.26%
PSTG	B	-0.25%
CPNG	D	-0.25%
ENPH	F	-0.25%
HAS	C	-0.24%
ODP	D	-0.24%
TPL	B	-0.24%
FULT	C	-0.24%
EXPD	B	-0.23%
CFG	C	-0.23%
LOPE	C	-0.22%
BXC	F	-0.22%
CUBI	C	-0.21%
PII	F	-0.21%
PLAB	F	-0.21%
OLN	F	-0.21%
POOL	F	-0.2%
MOH	F	-0.2%
CAL	D	-0.19%
CASY	B	-0.19%
JKHY	B	-0.19%
NUS	F	-0.19%
CATY	B	-0.18%
K	D	-0.18%
MA	D	-0.18%
SNPS	B	-0.18%
CRUS	A	-0.18%
CTRA	D	-0.17%
SCS	B	-0.17%
SMAR	B	-0.17%
GOOGL	B	-0.17%
AAP	F	-0.17%
FLO	D	-0.17%
WMS	D	-0.16%
TK	B	-0.16%
APO	A	-0.16%
EME	C	-0.16%
SYK	B	-0.16%
GWW	D	-0.16%
FFIV	C	-0.15%
ROL	B	-0.15%
GIII	F	-0.15%
BOKF	C	-0.15%
STLD	C	-0.15%
AON	C	-0.15%
KMB	B	-0.14%
BHF	D	-0.14%
RS	D	-0.14%
SM	D	-0.13%
INDB	D	-0.13%
VMI	B	-0.13%
ODFL	D	-0.13%
MAN	F	-0.13%
ON	F	-0.13%
PINS	B	-0.13%
HSY	F	-0.12%
ZEUS	F	-0.12%
BRKR	F	-0.12%
KO	A	-0.12%
NVR	C	-0.11%
TTC	B	-0.11%
CPF	A	-0.1%
LZB	B	-0.1%
SAM	C	-0.1%
TER	B	-0.1%
CVBF	C	-0.1%
ETD	D	-0.1%
CEIX	B	-0.1%
PRLB	D	-0.1%
GGG	D	-0.1%
SRCE	C	-0.1%
AAN	B	-0.09%
NYT	A	-0.09%
BHLB	C	-0.09%
ROKU	D	-0.09%
PRDO	C	-0.09%
TRIP	D	-0.09%
HSIC	F	-0.09%
SEIC	D	-0.09%
CNXN	C	-0.08%
MPWR	B	-0.08%
GPOR	D	-0.08%
VLO	C	-0.08%
ASC	B	-0.08%
SKX	B	-0.08%
BKU	C	-0.08%
PCAR	D	-0.08%
WAFD	C	-0.08%
OSUR	F	-0.08%
POWL	D	-0.08%
MCO	A	-0.07%
SWAV	A	-0.07%
RRC	D	-0.07%
OC	C	-0.07%
HOLX	C	-0.07%
ALGN	F	-0.07%
CBU	C	-0.07%
RGP	D	-0.07%
TILE	D	-0.07%
CDW	D	-0.07%
MTG	B	-0.07%
RDN	B	-0.07%
MYGN	B	-0.06%
EGBN	D	-0.06%
SPTN	F	-0.06%
DAKT	B	-0.06%
LSCC	F	-0.06%
MUSA	B	-0.06%
DOX	D	-0.06%
SNA	D	-0.05%
MOV	F	-0.05%
SCHL	D	-0.05%
SBSI	C	-0.05%
DKNG	D	-0.05%
WTTR	B	-0.05%
MNRO	D	-0.05%
ARCH	F	-0.05%
KELYA	D	-0.04%
REVG	C	-0.04%
ALSN	C	-0.04%
CLW	C	-0.04%
SXC	D	-0.04%
COOP	C	-0.03%
UAA	D	-0.03%
CACC	C	-0.03%
DXLG	C	-0.03%
BKNG	A	-0.03%
XPO	D	-0.02%
WSO	C	-0.02%
PFBC	C	-0.02%
WIRE	B	-0.02%
CR	B	-0.02%
FTNT	D	-0.02%
DNOW	C	-0.02%
KRNY	D	-0.02%
INCY	B	-0.02%
AMAL	A	-0.02%
KEYS	D	-0.02%
YNDX	C	-0.0%