IWR vs. CSM ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to ProShares Large Cap Core Plus (CSM)

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000Â® Index.

Grade (RS Rating)

Last Trade

$88.01

Average Daily Volume

1,187,021

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.25

Average Daily Volume

6,630

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	IWR	CSM
30 Days	3.12%	3.66%
60 Days	4.86%	5.30%
90 Days	9.01%	5.46%
12 Months	28.51%	34.90%

183 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in CSM	Overlap
A	C	0.35%	0.33%	0.33%
AAL	D	0.06%	0.32%	0.06%
ACGL	B	0.35%	0.39%	0.35%
AES	C	0.12%	0.3%	0.12%
AIZ	B	0.09%	0.31%	0.09%
AKAM	D	0.13%	0.12%	0.12%
ALL	C	0.43%	0.39%	0.39%
ALLE	B	0.11%	0.12%	0.11%
AME	C	0.34%	0.36%	0.34%
AOS	B	0.09%	0.07%	0.07%
APA	F	0.08%	0.11%	0.08%
APTV	D	0.16%	0.27%	0.16%
ARE	C	0.18%	0.04%	0.04%
ATO	B	0.18%	0.26%	0.18%
AVB	C	0.28%	0.36%	0.28%
BAX	C	0.17%	0.33%	0.17%
BBY	A	0.18%	0.31%	0.18%
BEN	F	0.05%	0.25%	0.05%
BG	F	0.12%	0.28%	0.12%
BIIB	F	0.25%	0.18%	0.18%
BK	B	0.46%	0.36%	0.36%
BKR	C	0.31%	0.34%	0.31%
BLDR	C	0.2%	0.18%	0.18%
BR	C	0.21%	0.13%	0.13%
BRO	C	0.21%	0.33%	0.21%
BWA	C	0.07%	0.15%	0.07%
CAG	B	0.13%	0.12%	0.12%
CAH	C	0.23%	0.35%	0.23%
CBOE	C	0.19%	0.32%	0.19%
CBRE	B	0.32%	0.33%	0.32%
CCL	C	0.16%	0.39%	0.16%
CE	D	0.12%	0.3%	0.12%
CFG	D	0.16%	0.18%	0.16%
CHD	C	0.22%	0.06%	0.06%
CLX	C	0.17%	0.31%	0.17%
CNC	D	0.34%	0.35%	0.34%
CNP	C	0.15%	0.33%	0.15%
CPB	C	0.08%	0.11%	0.08%
CPT	C	0.11%	0.32%	0.11%
CRL	F	0.09%	0.13%	0.09%
CSGP	D	0.27%	0.04%	0.04%
CTSH	B	0.32%	0.35%	0.32%
CTVA	B	0.35%	0.1%	0.1%
DAY	D	0.08%	0.16%	0.08%
DFS	C	0.31%	0.15%	0.15%
DHI	C	0.49%	0.29%	0.29%
DLR	B	0.44%	0.07%	0.07%
DTE	A	0.22%	0.13%	0.13%
DVN	F	0.22%	0.3%	0.22%
DXCM	F	0.24%	0.06%	0.06%
EA	D	0.32%	0.18%	0.18%
EBAY	B	0.27%	0.19%	0.19%
EG	B	0.14%	0.29%	0.14%
EIX	B	0.28%	0.29%	0.28%
EMN	B	0.11%	0.34%	0.11%
EPAM	F	0.09%	0.04%	0.04%
EQR	C	0.25%	0.35%	0.25%
ETR	A	0.24%	0.35%	0.24%
EXC	B	0.35%	0.18%	0.18%
FANG	F	0.28%	0.29%	0.28%
FAST	C	0.35%	0.04%	0.04%
FDS	C	0.15%	0.04%	0.04%
FE	B	0.22%	0.11%	0.11%
FFIV	B	0.11%	0.33%	0.11%
FIS	C	0.41%	0.07%	0.07%
FITB	B	0.25%	0.15%	0.15%
FOXA	B	0.08%	0.24%	0.08%
FSLR	C	0.22%	0.13%	0.13%
FTV	C	0.23%	0.07%	0.07%
GEHC	B	0.34%	0.23%	0.23%
GL	D	0.08%	0.22%	0.08%
GPC	D	0.16%	0.16%	0.16%
GRMN	D	0.23%	0.33%	0.23%
HAL	F	0.22%	0.24%	0.22%
HBAN	B	0.18%	0.25%	0.18%
HIG	B	0.29%	0.36%	0.29%
HII	F	0.09%	0.31%	0.09%
HOLX	D	0.16%	0.1%	0.1%
HPQ	C	0.29%	0.32%	0.29%
HRL	F	0.08%	0.06%	0.06%
HST	D	0.11%	0.33%	0.11%
HWM	B	0.34%	0.36%	0.34%
IDXX	D	0.36%	0.34%	0.34%
IEX	C	0.14%	0.28%	0.14%
INCY	C	0.09%	0.32%	0.09%
INVH	D	0.19%	0.32%	0.19%
IPG	C	0.1%	0.13%	0.1%
IQV	D	0.37%	0.31%	0.31%
IR	B	0.34%	0.32%	0.32%
IVZ	B	0.05%	0.17%	0.05%
J	A	0.16%	0.04%	0.04%
JBL	C	0.11%	0.07%	0.07%
JKHY	B	0.11%	0.13%	0.11%
KMI	C	0.36%	0.1%	0.1%
KR	B	0.32%	0.34%	0.32%
L	D	0.12%	0.31%	0.12%
LDOS	A	0.18%	0.33%	0.18%
LEN	B	0.02%	0.39%	0.02%
LEN	B	0.37%	0.39%	0.37%
LKQ	F	0.09%	0.11%	0.09%
LNT	A	0.13%	0.21%	0.13%
LVS	C	0.13%	0.09%	0.09%
LW	D	0.08%	0.04%	0.04%
LYB	D	0.21%	0.15%	0.15%
LYV	A	0.14%	0.34%	0.14%
MAA	C	0.16%	0.31%	0.16%
MAS	B	0.16%	0.05%	0.05%
MGM	D	0.07%	0.19%	0.07%
MKC	C	0.18%	0.06%	0.06%
MKTX	D	0.08%	0.07%	0.07%
MOH	D	0.18%	0.21%	0.18%
MSCI	C	0.36%	0.14%	0.14%
MTB	C	0.26%	0.3%	0.26%
MTCH	C	0.08%	0.09%	0.08%
MTD	C	0.25%	0.34%	0.25%
NCLH	B	0.08%	0.39%	0.08%
NI	B	0.13%	0.32%	0.13%
NRG	B	0.16%	0.34%	0.16%
NTRS	C	0.16%	0.26%	0.16%
NUE	D	0.3%	0.09%	0.09%
NWSA	D	0.09%	0.12%	0.09%
OKE	C	0.47%	0.17%	0.17%
OMC	B	0.17%	0.25%	0.17%
ON	D	0.26%	0.14%	0.14%
OTIS	B	0.33%	0.33%	0.33%
PARA	D	0.05%	0.18%	0.05%
PAYC	D	0.07%	0.27%	0.07%
PAYX	C	0.37%	0.07%	0.07%
PCG	C	0.37%	0.29%	0.29%
PFG	B	0.17%	0.11%	0.11%
PHM	B	0.25%	0.38%	0.25%
PKG	B	0.16%	0.04%	0.04%
PNR	B	0.13%	0.31%	0.13%
PNW	C	0.09%	0.14%	0.09%
PODD	C	0.14%	0.14%	0.14%
PPG	C	0.25%	0.26%	0.25%
PRU	C	0.37%	0.3%	0.3%
PTC	C	0.18%	0.04%	0.04%
QRVO	F	0.08%	0.29%	0.08%
RCL	B	0.35%	0.38%	0.35%
RF	B	0.18%	0.05%	0.05%
RJF	C	0.2%	0.33%	0.2%
RL	B	0.06%	0.31%	0.06%
RMD	C	0.31%	0.22%	0.22%
ROL	C	0.12%	0.27%	0.12%
ROST	C	0.44%	0.04%	0.04%
SJM	C	0.11%	0.2%	0.11%
SMCI	F	0.19%	0.07%	0.07%
SNA	B	0.13%	0.31%	0.13%
SPG	B	0.46%	0.14%	0.14%
STE	B	0.2%	0.27%	0.2%
STLD	C	0.15%	0.13%	0.13%
SWK	B	0.14%	0.34%	0.14%
SWKS	F	0.13%	0.26%	0.13%
SYF	C	0.17%	0.34%	0.17%
SYY	C	0.32%	0.13%	0.13%
TAP	D	0.08%	0.31%	0.08%
TDY	B	0.17%	0.32%	0.17%
TFX	B	0.1%	0.32%	0.1%
TPR	A	0.08%	0.19%	0.08%
TRGP	C	0.29%	0.37%	0.29%
TRMB	C	0.12%	0.04%	0.04%
TROW	C	0.2%	0.33%	0.2%
TSN	D	0.15%	0.31%	0.15%
TXT	D	0.14%	0.28%	0.14%
UAL	B	0.15%	0.36%	0.15%
UDR	C	0.13%	0.25%	0.13%
UHS	C	0.12%	0.28%	0.12%
URI	B	0.45%	0.12%	0.12%
VRSN	C	0.13%	0.26%	0.13%
VTR	C	0.22%	0.35%	0.22%
VTRS	D	0.12%	0.29%	0.12%
WAB	B	0.27%	0.25%	0.25%
WBA	F	0.05%	0.15%	0.05%
WDC	C	0.19%	0.28%	0.19%
WMB	C	0.47%	0.16%	0.16%
WRB	D	0.14%	0.09%	0.09%
WST	D	0.19%	0.04%	0.04%
WTW	B	0.25%	0.14%	0.14%
WY	C	0.21%	0.33%	0.21%
WYNN	C	0.07%	0.3%	0.07%
XEL	B	0.31%	0.36%	0.31%
XYL	C	0.28%	0.3%	0.28%

IWR Overweight 619 Positions Relative to CSM

Symbol	Grade	Weight
PLTR	C	0.64%
AFL	A	0.52%
AJG	D	0.51%
HLT	B	0.47%
O	B	0.46%
CCI	C	0.43%
TTD	B	0.42%
AMP	B	0.4%
GWW	B	0.39%
FICO	B	0.39%
KVUE	B	0.38%
LHX	C	0.38%
PEG	B	0.37%
LNG	D	0.36%
GIS	B	0.36%
MPWR	B	0.36%
CMI	B	0.36%
PWR	B	0.36%
MCHP	D	0.35%
FERG	D	0.34%
COR	F	0.33%
ODFL	D	0.33%
IT	C	0.33%
EFX	C	0.32%
VST	B	0.32%
HUM	F	0.32%
SQ	D	0.32%
HES	F	0.32%
VRSK	D	0.32%
EXR	C	0.32%
ED	B	0.31%
DOW	C	0.31%
YUM	B	0.31%
VICI	C	0.3%
ALNY	C	0.3%
DD	B	0.3%
VMC	C	0.29%
MLM	D	0.29%
IRM	C	0.29%
COIN	F	0.29%
VRT	C	0.29%
GLW	B	0.29%
DDOG	D	0.29%
APP	C	0.28%
CHTR	D	0.27%
VEEV	C	0.27%
WEC	B	0.26%
ROK	D	0.26%
DAL	C	0.26%
CDW	D	0.26%
NDAQ	C	0.26%
ARES	B	0.25%
AWK	C	0.25%
ADM	D	0.25%
TSCO	B	0.25%
ANSS	D	0.24%
AXON	B	0.24%
GPN	D	0.24%
CPNG	B	0.24%
HSY	D	0.24%
KEYS	B	0.23%
STT	B	0.23%
VLTO	B	0.23%
NVR	B	0.23%
NTAP	D	0.22%
TTWO	D	0.22%
SBAC	C	0.22%
HUBS	D	0.22%
DOV	B	0.22%
IFF	A	0.22%
PPL	A	0.21%
HPE	C	0.21%
TYL	C	0.21%
SW	B	0.21%
NET	D	0.21%
HUBB	B	0.2%
GDDY	C	0.2%
AEE	B	0.2%
DECK	C	0.2%
RBLX	C	0.2%
FCNCA	D	0.2%
ES	B	0.2%
COO	C	0.19%
ZBH	F	0.19%
MSTR	C	0.19%
EQT	C	0.18%
CINF	C	0.18%
CMS	B	0.18%
ILMN	D	0.18%
CPAY	B	0.18%
K	A	0.18%
ULTA	D	0.17%
ESS	C	0.17%
LII	C	0.17%
MDB	D	0.17%
WAT	B	0.17%
WBD	D	0.17%
CSL	B	0.17%
TER	C	0.17%
MKL	C	0.17%
DRI	C	0.17%
BAH	B	0.17%
EME	B	0.17%
BALL	C	0.17%
TRU	B	0.17%
EXPE	C	0.16%
PINS	D	0.16%
AVTR	C	0.16%
LH	D	0.16%
ZBRA	B	0.16%
CVNA	B	0.16%
DG	F	0.16%
WSM	C	0.16%
ALGN	D	0.16%
MANH	B	0.15%
AVY	C	0.15%
WSO	C	0.15%
DGX	B	0.15%
BURL	C	0.15%
SUI	C	0.15%
LUV	C	0.15%
EXPD	B	0.15%
CTRA	F	0.15%
TPL	C	0.15%
DKNG	C	0.15%
ZM	C	0.15%
ZS	F	0.14%
KEY	C	0.14%
FWONK	C	0.14%
RS	D	0.14%
LPLA	D	0.14%
SSNC	C	0.14%
ENTG	D	0.14%
HEI	C	0.14%
IP	C	0.14%
NTNX	D	0.13%
CF	B	0.13%
OC	C	0.13%
RVTY	B	0.13%
DT	C	0.13%
HOOD	C	0.13%
ENPH	D	0.13%
FNF	B	0.13%
KIM	C	0.13%
TOL	A	0.13%
DOC	B	0.13%
UTHR	B	0.13%
PSTG	F	0.13%
MRO	D	0.13%
RPM	B	0.13%
THC	C	0.13%
AMCR	B	0.13%
AMH	D	0.12%
WPC	C	0.12%
RNR	B	0.12%
FIX	B	0.12%
CASY	D	0.12%
POOL	C	0.12%
EVRG	B	0.12%
ACM	B	0.12%
JBHT	D	0.12%
TW	B	0.12%
IBKR	B	0.12%
GGG	C	0.12%
USFD	C	0.12%
GWRE	B	0.12%
GEN	A	0.12%
RGA	C	0.12%
DPZ	D	0.12%
NTRA	C	0.12%
DLTR	F	0.12%
NDSN	C	0.12%
TTEK	C	0.11%
WING	C	0.11%
TOST	C	0.11%
JLL	B	0.11%
CW	B	0.11%
CLH	C	0.11%
FND	C	0.11%
JNPR	A	0.11%
EXAS	D	0.11%
BXP	C	0.11%
XPO	D	0.11%
BLD	C	0.11%
EQH	C	0.11%
REG	C	0.11%
ELS	D	0.11%
BMRN	F	0.11%
GLPI	C	0.11%
RRX	C	0.1%
TXRH	B	0.1%
SCI	C	0.1%
EWBC	C	0.1%
COHR	C	0.1%
SRPT	F	0.1%
SAIA	D	0.1%
HEI	C	0.1%
NVT	C	0.1%
LAMR	B	0.1%
DOCU	C	0.1%
FTI	D	0.1%
NBIX	F	0.1%
PFGC	B	0.1%
DKS	D	0.1%
KMX	D	0.1%
ITT	B	0.1%
CUBE	C	0.1%
OKTA	F	0.1%
CHRW	B	0.1%
TECH	C	0.1%
DOX	C	0.09%
KNSL	D	0.09%
OHI	C	0.09%
WWD	C	0.09%
ALB	D	0.09%
LNW	F	0.09%
LECO	D	0.09%
ATR	B	0.09%
AFRM	D	0.09%
CHK	C	0.09%
NLY	B	0.09%
Z	C	0.09%
FBIN	B	0.09%
OVV	F	0.09%
WMS	D	0.09%
BJ	D	0.09%
RPRX	C	0.09%
TWLO	C	0.09%
JEF	C	0.09%
CTLT	B	0.09%
CACI	B	0.09%
CCK	B	0.09%
REXR	C	0.09%
FHN	D	0.08%
ORI	B	0.08%
FYBR	C	0.08%
INGR	B	0.08%
TTC	F	0.08%
EGP	C	0.08%
CZR	C	0.08%
PRI	B	0.08%
GPK	C	0.08%
SNX	C	0.08%
HRB	C	0.08%
TPX	B	0.08%
PR	F	0.08%
HSIC	C	0.08%
EHC	B	0.08%
MUSA	D	0.08%
EVR	B	0.08%
SF	B	0.08%
MEDP	F	0.08%
FRT	C	0.08%
BWXT	A	0.08%
WAL	B	0.08%
RGLD	C	0.08%
OWL	B	0.08%
CNH	C	0.08%
ALLY	F	0.08%
WTRG	D	0.08%
EXP	B	0.08%
CHDN	D	0.08%
ROKU	D	0.08%
CG	C	0.08%
TKO	A	0.08%
RIVN	F	0.08%
SOLV	D	0.08%
AFG	C	0.08%
CAVA	C	0.08%
ONTO	C	0.08%
DUOL	C	0.08%
OLED	D	0.08%
ARMK	B	0.08%
HAS	B	0.08%
EXEL	C	0.07%
COKE	C	0.07%
PNFP	C	0.07%
FMC	B	0.07%
BERY	B	0.07%
AGNC	B	0.07%
VOYA	B	0.07%
BRBR	B	0.07%
ATI	C	0.07%
MTZ	C	0.07%
CMA	C	0.07%
ACI	F	0.07%
AXTA	B	0.07%
GLOB	D	0.07%
AR	C	0.07%
RGEN	F	0.07%
FCN	C	0.07%
GMED	D	0.07%
ITCI	D	0.07%
ALSN	B	0.07%
APG	F	0.07%
SSD	C	0.07%
BFAM	C	0.07%
COLD	D	0.07%
KNX	C	0.07%
OGE	B	0.07%
LAD	B	0.07%
GME	D	0.07%
MOS	F	0.07%
CROX	C	0.07%
HLI	C	0.07%
SOFI	D	0.07%
DVA	B	0.07%
SKX	C	0.07%
WBS	C	0.07%
CNM	F	0.07%
GNRC	D	0.07%
MHK	B	0.07%
AYI	B	0.07%
RBC	B	0.07%
BRX	C	0.07%
CIEN	B	0.07%
WEX	C	0.07%
KBR	D	0.07%
CHRD	F	0.07%
AA	C	0.07%
MORN	C	0.07%
CHE	C	0.07%
X	F	0.07%
DCI	C	0.07%
NNN	B	0.07%
UNM	B	0.07%
NYT	B	0.07%
RLI	B	0.06%
SNV	D	0.06%
MTG	B	0.06%
RYAN	C	0.06%
STWD	B	0.06%
PB	D	0.06%
VFC	B	0.06%
MAT	D	0.06%
FAF	B	0.06%
OSK	F	0.06%
BBWI	D	0.06%
CRUS	D	0.06%
LBRDK	C	0.06%
FRPT	C	0.06%
NOV	F	0.06%
IONS	F	0.06%
S	D	0.06%
AZEK	C	0.06%
SITE	D	0.06%
CFR	C	0.06%
MSA	D	0.06%
H	B	0.06%
JAZZ	D	0.06%
VNO	B	0.06%
RHI	D	0.06%
HR	B	0.06%
CGNX	F	0.06%
LPX	B	0.06%
G	C	0.06%
SMAR	A	0.06%
SEIC	B	0.06%
GNTX	D	0.06%
WFRD	F	0.06%
ELAN	D	0.06%
ACHC	D	0.06%
SAIC	C	0.06%
ZION	D	0.06%
ARW	B	0.06%
MTN	D	0.06%
WTFC	C	0.06%
SN	B	0.06%
BSY	C	0.06%
STAG	D	0.06%
PCTY	D	0.06%
AAON	B	0.06%
UHAL	B	0.06%
BPOP	C	0.06%
PEN	D	0.06%
LSCC	D	0.06%
KEX	C	0.06%
RRC	D	0.06%
DINO	F	0.06%
CART	C	0.06%
PLNT	C	0.06%
FR	C	0.06%
WCC	C	0.06%
MKSI	F	0.06%
ADC	C	0.06%
BRKR	D	0.06%
WSC	D	0.06%
SWN	C	0.06%
CBSH	D	0.06%
VKTX	D	0.06%
TREX	F	0.06%
CR	B	0.06%
MIDD	C	0.06%
DTM	C	0.06%
NXST	D	0.05%
THO	C	0.05%
ST	D	0.05%
RARE	C	0.05%
APPF	C	0.05%
XRAY	D	0.05%
VVV	D	0.05%
SON	D	0.05%
COLB	B	0.05%
FOUR	C	0.05%
PVH	D	0.05%
TKR	C	0.05%
WHR	C	0.05%
CIVI	F	0.05%
KD	F	0.05%
NFG	B	0.05%
CLF	F	0.05%
OMF	D	0.05%
BILL	D	0.05%
PATH	D	0.05%
MDU	B	0.05%
AMG	C	0.05%
LAZ	B	0.05%
BC	C	0.05%
VMI	C	0.05%
POST	B	0.05%
AWI	B	0.05%
ESI	C	0.05%
RITM	D	0.05%
SRCL	B	0.05%
MTSI	C	0.05%
CELH	F	0.05%
DAR	F	0.05%
AGCO	D	0.05%
DBX	C	0.05%
ESAB	C	0.05%
AXS	B	0.05%
ELF	F	0.05%
SIRI	C	0.05%
OLLI	C	0.05%
GXO	D	0.05%
WH	B	0.05%
MTDR	F	0.05%
GTLB	D	0.05%
LEA	D	0.05%
U	D	0.05%
R	C	0.05%
ESTC	F	0.05%
INSP	D	0.05%
ETSY	D	0.05%
PCOR	D	0.05%
FLS	C	0.05%
LFUS	C	0.05%
AZPN	B	0.05%
BIO	C	0.05%
LSTR	D	0.05%
GAP	F	0.04%
LITE	B	0.04%
LOPE	D	0.04%
M	F	0.04%
AGO	D	0.04%
DLB	D	0.04%
SLGN	B	0.04%
ASH	F	0.04%
EEFT	F	0.04%
FLO	C	0.04%
WTM	F	0.04%
PII	D	0.04%
CPRI	D	0.04%
BYD	C	0.04%
AN	C	0.04%
CUZ	C	0.04%
LYFT	D	0.04%
PSN	B	0.04%
OZK	F	0.04%
VNOM	D	0.04%
RYN	C	0.04%
KRC	C	0.04%
HOG	C	0.04%
SEE	C	0.04%
AVT	B	0.04%
SLM	C	0.04%
HCP	A	0.04%
AL	C	0.04%
FOX	B	0.04%
WLK	C	0.04%
W	C	0.04%
CCCS	D	0.04%
TPG	C	0.04%
LINE	F	0.04%
LNC	C	0.04%
DOCS	B	0.04%
CFLT	F	0.04%
OGN	D	0.04%
JHG	B	0.04%
ALK	B	0.04%
HXL	F	0.04%
AM	B	0.04%
FNB	D	0.04%
ROIV	D	0.04%
UGI	B	0.04%
RH	C	0.04%
IDA	B	0.04%
OLN	D	0.04%
VNT	F	0.04%
MASI	C	0.04%
FIVE	D	0.04%
THG	C	0.04%
WU	C	0.03%
CXT	F	0.03%
TNL	C	0.03%
PAG	D	0.03%
CNXC	F	0.03%
PEGA	B	0.03%
PENN	D	0.03%
ZG	C	0.03%
WEN	C	0.03%
FHB	D	0.03%
AMED	D	0.03%
LCID	C	0.03%
NWS	D	0.03%
NWL	C	0.03%
ZI	D	0.03%
SMG	B	0.03%
NVST	D	0.03%
PK	D	0.03%
NSA	C	0.03%
LBTYK	B	0.03%
APLS	F	0.03%
DNB	D	0.03%
MPW	C	0.03%
YETI	D	0.03%
LBTYA	B	0.03%
IRDM	C	0.03%
AMKR	F	0.03%
HIW	C	0.03%
COTY	D	0.03%
MAN	C	0.03%
GTES	C	0.03%
NEU	D	0.03%
EPR	C	0.03%
PRGO	F	0.03%
KMPR	D	0.03%
HUN	C	0.03%
CHH	B	0.03%
BROS	D	0.03%
SPR	D	0.03%
MSM	D	0.03%
MSGS	B	0.03%
DXC	D	0.03%
GFS	F	0.03%
IAC	C	0.03%
PPC	D	0.02%
REYN	C	0.02%
MP	C	0.02%
BIRK	F	0.02%
IPGP	D	0.02%
FTRE	F	0.02%
FIVN	F	0.02%
LLYVK	B	0.02%
PINC	D	0.02%
KSS	D	0.02%
VSTS	D	0.02%
ADT	D	0.02%
QS	F	0.02%
HAYW	C	0.02%
RCM	C	0.02%
JWN	C	0.02%
HHH	C	0.02%
ENOV	F	0.02%
TXG	D	0.02%
QDEL	D	0.02%
AAP	F	0.02%
CRI	D	0.02%
CWEN	A	0.02%
BOKF	C	0.02%
RNG	F	0.02%
SAM	D	0.02%
SHC	C	0.02%
SPB	B	0.02%
AGR	C	0.02%
DV	F	0.02%
NCNO	F	0.02%
VAC	D	0.02%
VIRT	C	0.02%
RKT	C	0.02%
AZTA	F	0.02%
BHF	F	0.02%
COLM	C	0.02%
ALGM	D	0.02%
CC	D	0.02%
CLVT	D	0.02%
CACC	F	0.02%
TDC	D	0.02%
NFE	F	0.01%
TFSL	D	0.01%
DJT	F	0.01%
LOAR	C	0.01%
SEB	D	0.01%
LLYVA	B	0.01%
AS	C	0.01%
UWMC	D	0.01%
UI	B	0.01%
WOLF	F	0.01%
LBRDA	C	0.01%
CWEN	A	0.01%
PYCR	D	0.01%
ALAB	C	0.01%
CNA	D	0.01%
DDS	D	0.01%
SNDR	B	0.01%
CERT	F	0.01%
CAR	D	0.01%
UAA	C	0.01%
UA	C	0.01%
TRIP	F	0.01%
GO	F	0.01%
INFA	D	0.01%
FWONA	C	0.01%
LEG	D	0.01%
SEG	F	0.0%
PARAA	D	0.0%
GRAL	F	0.0%
UHAL	B	0.0%
PLTK	C	0.0%

IWR Underweight 123 Positions Relative to CSM

Symbol	Grade	Weight
MSFT	C	-4.77%
AAPL	C	-4.67%
NVDA	C	-4.48%
AMZN	C	-2.49%
META	B	-1.61%
AVGO	C	-1.34%
GOOGL	D	-1.22%
LLY	D	-1.11%
V	C	-1.04%
GOOG	D	-0.99%
BRK.A	C	-0.99%
MRK	F	-0.76%
TSLA	C	-0.74%
TMO	B	-0.67%
JPM	D	-0.65%
GE	C	-0.61%
CRM	C	-0.59%
INTU	D	-0.57%
UNH	C	-0.56%
XOM	D	-0.55%
TJX	C	-0.52%
BKNG	B	-0.51%
LMT	A	-0.47%
UBER	C	-0.46%
JNJ	C	-0.46%
BMY	C	-0.46%
CI	C	-0.45%
PG	C	-0.45%
TMUS	B	-0.45%
GILD	B	-0.45%
TT	B	-0.45%
MU	D	-0.44%
ABBV	B	-0.42%
CME	B	-0.41%
NOC	B	-0.41%
NFLX	B	-0.41%
PSA	C	-0.41%
BX	C	-0.4%
ETN	C	-0.4%
GM	C	-0.38%
APH	C	-0.38%
BDX	D	-0.38%
MA	B	-0.38%
PLD	C	-0.38%
EMR	D	-0.37%
KMB	C	-0.36%
CDNS	D	-0.36%
TGT	C	-0.36%
PEP	D	-0.36%
SNPS	F	-0.35%
RSG	D	-0.34%
TEL	D	-0.34%
COST	C	-0.33%
SLB	F	-0.32%
FDX	D	-0.32%
PH	B	-0.32%
ANET	C	-0.32%
PCAR	D	-0.31%
HD	B	-0.31%
STX	B	-0.31%
EL	D	-0.3%
CVS	D	-0.3%
MAR	B	-0.29%
FTNT	B	-0.28%
LULU	D	-0.28%
BAC	D	-0.27%
MDT	B	-0.27%
CSX	C	-0.26%
EQIX	B	-0.26%
AMAT	D	-0.25%
MET	B	-0.25%
WELL	C	-0.25%
ADBE	F	-0.24%
COF	B	-0.23%
PYPL	B	-0.23%
CSCO	B	-0.23%
INTC	D	-0.23%
CMCSA	C	-0.22%
MSI	B	-0.22%
T	B	-0.21%
WMT	B	-0.21%
ABNB	D	-0.2%
HCA	B	-0.19%
ZTS	B	-0.19%
ACN	C	-0.19%
SYK	C	-0.18%
PANW	D	-0.18%
AMD	C	-0.18%
NOW	C	-0.17%
IBM	B	-0.17%
CVX	F	-0.16%
F	F	-0.16%
CRWD	D	-0.16%
KDP	B	-0.15%
KO	B	-0.15%
TRV	C	-0.15%
QCOM	D	-0.15%
ADSK	B	-0.15%
APD	B	-0.14%
PFE	D	-0.14%
KHC	C	-0.13%
FCX	C	-0.13%
ROP	C	-0.12%
WFC	D	-0.12%
CAT	B	-0.11%
DIS	D	-0.1%
ISRG	C	-0.09%
LIN	B	-0.09%
VLO	F	-0.08%
MNST	D	-0.07%
ORCL	B	-0.07%
VZ	A	-0.06%
ABT	C	-0.06%
PGR	C	-0.06%
LOW	B	-0.05%
CMG	D	-0.05%
VRTX	D	-0.05%
DHR	B	-0.04%
WM	D	-0.04%
PM	C	-0.04%
MCD	B	-0.04%
MMC	C	-0.04%
AMGN	D	-0.04%