IWR vs. CVMC ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Calvert US Mid-Cap Core Responsible Index ETF (CVMC)

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 1000® Index.

Grade (RS Rating)

Last Trade

$94.49

Average Daily Volume

1,460,358

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

CVMC

Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$63.13

Average Daily Volume

2,240

Number of Holdings ^*

606

* may have additional holdings in another (foreign) market

Performance

Period	IWR	CVMC
30 Days	5.29%	4.10%
60 Days	7.26%	5.63%
90 Days	8.75%	7.07%
12 Months	32.54%	29.52%

522 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in CVMC	Overlap
	A	D	0.31%	0.38%	0.31%
	AAL	B	0.08%	0.13%	0.08%
	AAON	B	0.08%	0.1%	0.08%
	ACGL	C	0.3%	0.35%	0.3%
	ACI	C	0.07%	0.08%	0.07%
	ACM	B	0.12%	0.16%	0.12%
	AEE	A	0.2%	0.27%	0.2%
	AES	F	0.08%	0.11%	0.08%
	AFG	A	0.08%	0.1%	0.08%
	AFRM	A	0.11%	0.14%	0.11%
	AGCO	D	0.05%	0.07%	0.05%
	AGNC	C	0.06%	0.07%	0.06%
	AGR	A	0.02%	0.03%	0.02%
	AKAM	D	0.11%	0.14%	0.11%
	AL	B	0.04%	0.06%	0.04%
	ALGM	D	0.02%	0.03%	0.02%
	ALGN	D	0.14%	0.17%	0.14%
	ALK	B	0.06%	0.09%	0.06%
	ALL	A	0.43%	0.5%	0.43%
	ALLE	C	0.1%	0.14%	0.1%
	ALLY	C	0.08%	0.1%	0.08%
	ALNY	D	0.24%	0.35%	0.24%
	ALSN	B	0.08%	0.12%	0.08%
	AMCR	C	0.12%	0.17%	0.12%
	AME	A	0.37%	0.46%	0.37%
	AMG	B	0.05%	0.05%	0.05%
	AMP	A	0.46%	0.54%	0.46%
	AN	C	0.03%	0.04%	0.03%
	ANSS	B	0.24%	0.3%	0.24%
	AOS	F	0.07%	0.1%	0.07%
	APG	B	0.07%	0.1%	0.07%
	APLS	F	0.02%	0.03%	0.02%
	APP	B	0.63%	0.55%	0.55%
	APPF	B	0.04%	0.05%	0.04%
	APTV	F	0.12%	0.17%	0.12%
	ARE	F	0.15%	0.21%	0.15%
	ARES	A	0.25%	0.3%	0.25%
	ARMK	B	0.08%	0.11%	0.08%
	ARW	D	0.05%	0.06%	0.05%
	ASH	F	0.03%	0.04%	0.03%
	ATI	C	0.06%	0.12%	0.06%
	ATR	B	0.09%	0.13%	0.09%
	AVB	B	0.27%	0.34%	0.27%
	AVT	C	0.04%	0.04%	0.04%
	AVTR	F	0.12%	0.15%	0.12%
	AVY	F	0.13%	0.18%	0.13%
	AWI	A	0.06%	0.06%	0.06%
	AWK	C	0.22%	0.28%	0.22%
	AXON	A	0.35%	0.48%	0.35%
	AXS	A	0.06%	0.06%	0.06%
	AXTA	B	0.07%	0.1%	0.07%
	AYI	B	0.08%	0.12%	0.08%
	AZEK	A	0.05%	0.06%	0.05%
	BAH	F	0.16%	0.22%	0.16%
	BALL	F	0.15%	0.21%	0.15%
	BAX	F	0.13%	0.18%	0.13%
	BBWI	C	0.06%	0.06%	0.06%
	BBY	D	0.16%	0.17%	0.16%
	BC	C	0.04%	0.06%	0.04%
	BEN	C	0.05%	0.06%	0.05%
	BERY	C	0.06%	0.09%	0.06%
	BFAM	D	0.05%	0.07%	0.05%
	BG	D	0.1%	0.13%	0.1%
	BIIB	F	0.19%	0.26%	0.19%
	BILL	A	0.07%	0.09%	0.07%
	BIO	C	0.05%	0.07%	0.05%
	BJ	A	0.1%	0.11%	0.1%
	BK	A	0.48%	0.55%	0.48%
	BKR	A	0.35%	0.45%	0.35%
	BLD	D	0.09%	0.12%	0.09%
	BMRN	F	0.1%	0.13%	0.1%
	BOKF	B	0.02%	0.03%	0.02%
	BPOP	C	0.06%	0.07%	0.06%
	BR	A	0.22%	0.27%	0.22%
	BRBR	A	0.08%	0.09%	0.08%
	BRKR	D	0.05%	0.06%	0.05%
	BRO	B	0.22%	0.29%	0.22%
	BRX	A	0.07%	0.1%	0.07%
	BURL	B	0.14%	0.16%	0.14%
	BWA	D	0.06%	0.11%	0.06%
	BXP	C	0.1%	0.14%	0.1%
	CACC	D	0.02%	0.03%	0.02%
	CAG	F	0.1%	0.14%	0.1%
	CASY	A	0.12%	0.16%	0.12%
	CBOE	C	0.17%	0.2%	0.17%
	CBRE	B	0.33%	0.42%	0.33%
	CBSH	B	0.07%	0.09%	0.07%
	CCI	C	0.37%	0.44%	0.37%
	CCK	D	0.09%	0.12%	0.09%
	CDW	F	0.2%	0.25%	0.2%
	CE	F	0.07%	0.09%	0.07%
	CELH	F	0.04%	0.05%	0.04%
	CFG	B	0.17%	0.2%	0.17%
	CFLT	B	0.06%	0.07%	0.06%
	CFR	B	0.07%	0.08%	0.07%
	CG	B	0.09%	0.1%	0.09%
	CGNX	D	0.06%	0.08%	0.06%
	CHD	A	0.22%	0.25%	0.22%
	CHE	D	0.07%	0.09%	0.07%
	CHH	A	0.03%	0.04%	0.03%
	CHRW	B	0.11%	0.18%	0.11%
	CHTR	C	0.3%	0.39%	0.3%
	CIEN	C	0.08%	0.1%	0.08%
	CINF	A	0.19%	0.22%	0.19%
	CLH	C	0.1%	0.14%	0.1%
	CLX	A	0.17%	0.2%	0.17%
	CMA	B	0.07%	0.09%	0.07%
	CMI	A	0.41%	0.5%	0.41%
	CMS	C	0.17%	0.23%	0.17%
	CNC	D	0.25%	0.31%	0.25%
	CNH	C	0.08%	0.1%	0.08%
	CNM	D	0.07%	0.08%	0.07%
	COHR	B	0.1%	0.15%	0.1%
	COKE	C	0.06%	0.07%	0.06%
	COLD	D	0.05%	0.07%	0.05%
	COLM	C	0.02%	0.03%	0.02%
	COTY	F	0.02%	0.03%	0.02%
	CPB	D	0.07%	0.1%	0.07%
	CPT	B	0.1%	0.14%	0.1%
	CRL	D	0.08%	0.11%	0.08%
	CROX	D	0.05%	0.05%	0.05%
	CRUS	D	0.04%	0.06%	0.04%
	CSGP	D	0.24%	0.33%	0.24%
	CSL	C	0.17%	0.25%	0.17%
	CTLT	C	0.09%	0.11%	0.09%
	CTSH	B	0.32%	0.41%	0.32%
	CUBE	C	0.09%	0.12%	0.09%
	CVNA	B	0.21%	0.25%	0.21%
	CW	C	0.11%	0.16%	0.11%
	CWEN	C	0.02%	0.03%	0.02%
	CWEN	C	0.01%	0.03%	0.01%
	DAL	B	0.34%	0.46%	0.34%
	DAR	C	0.06%	0.07%	0.06%
	DAY	B	0.09%	0.12%	0.09%
	DBX	B	0.05%	0.07%	0.05%
	DCI	B	0.08%	0.11%	0.08%
	DDOG	A	0.31%	0.4%	0.31%
	DECK	A	0.22%	0.26%	0.22%
	DFS	B	0.36%	0.42%	0.36%
	DG	F	0.14%	0.16%	0.14%
	DGX	A	0.15%	0.19%	0.15%
	DKS	D	0.09%	0.11%	0.09%
	DLB	B	0.03%	0.04%	0.03%
	DLTR	F	0.11%	0.13%	0.11%
	DOC	C	0.12%	0.17%	0.12%
	DOCS	C	0.05%	0.06%	0.05%
	DOCU	B	0.13%	0.17%	0.13%
	DOV	A	0.23%	0.31%	0.23%
	DOX	D	0.08%	0.1%	0.08%
	DPZ	C	0.12%	0.17%	0.12%
	DRI	B	0.16%	0.22%	0.16%
	DT	D	0.13%	0.14%	0.13%
	DTE	C	0.2%	0.28%	0.2%
	DUOL	A	0.09%	0.13%	0.09%
	DVA	C	0.07%	0.08%	0.07%
	EA	A	0.36%	0.4%	0.36%
	EBAY	D	0.26%	0.29%	0.26%
	ED	C	0.28%	0.34%	0.28%
	EEFT	B	0.04%	0.04%	0.04%
	EFX	F	0.25%	0.33%	0.25%
	EG	C	0.13%	0.15%	0.13%
	EHC	B	0.08%	0.11%	0.08%
	ELAN	D	0.06%	0.07%	0.06%
	ELF	C	0.05%	0.06%	0.05%
	ELS	C	0.11%	0.14%	0.11%
	EME	A	0.19%	0.26%	0.19%
	EMN	C	0.1%	0.13%	0.1%
	ENPH	F	0.06%	0.07%	0.06%
	ENTG	D	0.12%	0.16%	0.12%
	EPAM	B	0.11%	0.14%	0.11%
	EQH	C	0.12%	0.15%	0.12%
	EQR	C	0.23%	0.3%	0.23%
	ES	C	0.18%	0.25%	0.18%
	ESAB	C	0.06%	0.08%	0.06%
	ESI	B	0.05%	0.07%	0.05%
	ESS	B	0.16%	0.22%	0.16%
	ESTC	C	0.06%	0.08%	0.06%
	ETSY	D	0.05%	0.06%	0.05%
	EVR	B	0.09%	0.1%	0.09%
	EVRG	A	0.12%	0.16%	0.12%
	EWBC	A	0.12%	0.14%	0.12%
	EXAS	D	0.07%	0.1%	0.07%
	EXC	C	0.32%	0.39%	0.32%
	EXEL	B	0.08%	0.11%	0.08%
	EXPD	C	0.14%	0.21%	0.14%
	EXR	C	0.28%	0.35%	0.28%
	FAF	A	0.05%	0.07%	0.05%
	FAST	B	0.39%	0.45%	0.39%
	FBIN	D	0.08%	0.09%	0.08%
	FCN	F	0.06%	0.08%	0.06%
	FCNCA	A	0.22%	0.25%	0.22%
	FDS	B	0.15%	0.21%	0.15%
	FFIV	B	0.11%	0.14%	0.11%
	FHN	A	0.09%	0.1%	0.09%
	FICO	B	0.44%	0.57%	0.44%
	FIS	C	0.41%	0.48%	0.41%
	FITB	B	0.26%	0.31%	0.26%
	FIVE	F	0.04%	0.04%	0.04%
	FIX	A	0.13%	0.17%	0.13%
	FLO	D	0.03%	0.05%	0.03%
	FLS	B	0.06%	0.09%	0.06%
	FMC	D	0.06%	0.08%	0.06%
	FNB	A	0.05%	0.06%	0.05%
	FND	D	0.09%	0.1%	0.09%
	FOUR	A	0.05%	0.06%	0.05%
	FR	D	0.06%	0.08%	0.06%
	FRPT	A	0.06%	0.08%	0.06%
	FRT	B	0.08%	0.11%	0.08%
	FSLR	F	0.17%	0.18%	0.17%
	FTV	C	0.22%	0.29%	0.22%
	G	B	0.06%	0.08%	0.06%
	GAP	C	0.04%	0.05%	0.04%
	GEHC	D	0.31%	0.37%	0.31%
	GEN	B	0.13%	0.17%	0.13%
	GGG	B	0.12%	0.17%	0.12%
	GIS	D	0.29%	0.37%	0.29%
	GL	C	0.08%	0.09%	0.08%
	GLW	B	0.29%	0.38%	0.29%
	GME	C	0.08%	0.07%	0.07%
	GMED	A	0.08%	0.1%	0.08%
	GPC	D	0.14%	0.16%	0.14%
	GPK	C	0.07%	0.1%	0.07%
	GWRE	A	0.13%	0.16%	0.13%
	GWW	B	0.42%	0.5%	0.42%
	GXO	B	0.06%	0.08%	0.06%
	H	B	0.06%	0.08%	0.06%
	HAS	D	0.07%	0.08%	0.07%
	HBAN	A	0.21%	0.24%	0.21%
	HCP	B	0.04%	0.05%	0.04%
	HEI	A	0.1%	0.31%	0.1%
	HEI	A	0.14%	0.31%	0.14%
	HIG	B	0.28%	0.33%	0.28%
	HLI	A	0.08%	0.09%	0.08%
	HOG	D	0.03%	0.06%	0.03%
	HOLX	D	0.15%	0.19%	0.15%
	HPE	B	0.23%	0.28%	0.23%
	HPQ	B	0.3%	0.36%	0.3%
	HRB	D	0.07%	0.09%	0.07%
	HRL	D	0.07%	0.1%	0.07%
	HSIC	C	0.07%	0.09%	0.07%
	HST	C	0.1%	0.14%	0.1%
	HSY	F	0.21%	0.29%	0.21%
	HUBB	B	0.19%	0.27%	0.19%
	HUBS	A	0.27%	0.35%	0.27%
	HUM	C	0.27%	0.34%	0.27%
	HXL	F	0.04%	0.06%	0.04%
	IDA	A	0.05%	0.07%	0.05%
	IDXX	F	0.29%	0.35%	0.29%
	IEX	C	0.14%	0.2%	0.14%
	IFF	D	0.18%	0.23%	0.18%
	ILMN	C	0.18%	0.25%	0.18%
	INCY	C	0.1%	0.16%	0.1%
	INGR	C	0.08%	0.1%	0.08%
	INSP	D	0.04%	0.06%	0.04%
	IONS	F	0.04%	0.05%	0.04%
	IPG	D	0.08%	0.12%	0.08%
	IQV	F	0.29%	0.37%	0.29%
	IR	B	0.34%	0.43%	0.34%
	IRM	C	0.28%	0.34%	0.28%
	IT	C	0.32%	0.42%	0.32%
	ITT	A	0.1%	0.14%	0.1%
	IVZ	B	0.05%	0.08%	0.05%
	JAZZ	B	0.06%	0.08%	0.06%
	JBHT	C	0.12%	0.2%	0.12%
	JBL	C	0.12%	0.14%	0.12%
	JEF	A	0.11%	0.12%	0.11%
	JHG	B	0.05%	0.06%	0.05%
	JKHY	D	0.1%	0.13%	0.1%
	JLL	D	0.1%	0.14%	0.1%
	JNPR	D	0.1%	0.13%	0.1%
	K	A	0.17%	0.23%	0.17%
	KD	B	0.05%	0.07%	0.05%
	KEY	B	0.15%	0.17%	0.15%
	KEYS	A	0.21%	0.29%	0.21%
	KIM	A	0.14%	0.18%	0.14%
	KMX	B	0.1%	0.12%	0.1%
	KNSL	B	0.08%	0.1%	0.08%
	KNX	C	0.07%	0.12%	0.07%
	KR	B	0.32%	0.44%	0.32%
	KVUE	A	0.38%	0.43%	0.38%
	LAD	A	0.08%	0.09%	0.08%
	LAMR	C	0.09%	0.12%	0.09%
	LBRDK	C	0.08%	0.12%	0.08%
	LEA	F	0.04%	0.08%	0.04%
	LECO	C	0.09%	0.13%	0.09%
	LEN	D	0.33%	0.42%	0.33%
	LEN	D	0.01%	0.42%	0.01%
	LFUS	D	0.05%	0.07%	0.05%
	LH	B	0.16%	0.22%	0.16%
	LII	A	0.16%	0.23%	0.16%
	LKQ	F	0.08%	0.1%	0.08%
	LNC	C	0.04%	0.06%	0.04%
	LNT	A	0.13%	0.17%	0.13%
	LPLA	A	0.19%	0.23%	0.19%
	LPX	B	0.06%	0.07%	0.06%
	LSCC	D	0.06%	0.07%	0.06%
	LSTR	D	0.05%	0.09%	0.05%
	LW	C	0.09%	0.12%	0.09%
	LYFT	C	0.05%	0.06%	0.05%
	LYV	A	0.17%	0.23%	0.17%
	M	F	0.04%	0.04%	0.04%
	MAA	B	0.15%	0.21%	0.15%
	MANH	D	0.14%	0.17%	0.14%
	MAS	D	0.14%	0.16%	0.14%
	MAT	D	0.05%	0.06%	0.05%
	MDB	B	0.16%	0.21%	0.16%
	MEDP	D	0.07%	0.09%	0.07%
	MHK	D	0.06%	0.07%	0.06%
	MIDD	C	0.06%	0.08%	0.06%
	MKC	C	0.15%	0.22%	0.15%
	MKSI	C	0.06%	0.09%	0.06%
	MKTX	D	0.08%	0.11%	0.08%
	MOH	F	0.14%	0.19%	0.14%
	MORN	B	0.07%	0.11%	0.07%
	MOS	F	0.07%	0.1%	0.07%
	MPWR	F	0.22%	0.27%	0.22%
	MSA	F	0.05%	0.07%	0.05%
	MSCI	C	0.38%	0.46%	0.38%
	MSM	C	0.03%	0.04%	0.03%
	MTB	A	0.29%	0.34%	0.29%
	MTD	F	0.21%	0.28%	0.21%
	MTG	C	0.05%	0.06%	0.05%
	MTN	C	0.06%	0.07%	0.06%
	MTZ	B	0.07%	0.09%	0.07%
	NBIX	C	0.1%	0.13%	0.1%
	NDAQ	A	0.27%	0.31%	0.27%
	NDSN	B	0.12%	0.16%	0.12%
	NET	B	0.22%	0.28%	0.22%
	NFG	A	0.05%	0.06%	0.05%
	NI	A	0.14%	0.18%	0.14%
	NNN	C	0.06%	0.09%	0.06%
	NRG	B	0.16%	0.21%	0.16%
	NTAP	C	0.2%	0.25%	0.2%
	NTNX	B	0.14%	0.17%	0.14%
	NTRS	A	0.18%	0.2%	0.18%
	NUE	C	0.29%	0.36%	0.29%
	NVR	D	0.21%	0.31%	0.21%
	NVT	B	0.1%	0.14%	0.1%
	NXST	C	0.04%	0.06%	0.04%
	NYT	D	0.07%	0.1%	0.07%
	OC	A	0.14%	0.22%	0.14%
	ODFL	C	0.35%	0.43%	0.35%
	OGN	F	0.03%	0.04%	0.03%
	OHI	C	0.08%	0.12%	0.08%
	OKTA	C	0.1%	0.13%	0.1%
	OLED	F	0.06%	0.07%	0.06%
	OLLI	D	0.05%	0.05%	0.05%
	OMC	C	0.15%	0.23%	0.15%
	OMF	A	0.05%	0.06%	0.05%
	ON	D	0.23%	0.29%	0.23%
	ONTO	F	0.06%	0.08%	0.06%
	ORI	A	0.08%	0.09%	0.08%
	OSK	C	0.06%	0.08%	0.06%
	OTIS	C	0.33%	0.41%	0.33%
	OWL	A	0.09%	0.12%	0.09%
	OZK	B	0.04%	0.05%	0.04%
	PAG	B	0.02%	0.03%	0.02%
	PARA	C	0.05%	0.08%	0.05%
	PAYC	B	0.09%	0.12%	0.09%
	PAYX	B	0.38%	0.47%	0.38%
	PB	B	0.06%	0.07%	0.06%
	PCTY	C	0.07%	0.09%	0.07%
	PEG	A	0.37%	0.44%	0.37%
	PEN	B	0.07%	0.1%	0.07%
	PFG	D	0.16%	0.19%	0.16%
	PFGC	B	0.11%	0.14%	0.11%
	PHM	D	0.22%	0.29%	0.22%
	PINS	F	0.14%	0.18%	0.14%
	PKG	A	0.17%	0.24%	0.17%
	PLNT	A	0.07%	0.09%	0.07%
	PNFP	B	0.08%	0.09%	0.08%
	PNR	A	0.14%	0.2%	0.14%
	PODD	C	0.15%	0.2%	0.15%
	POOL	C	0.11%	0.13%	0.11%
	PPG	F	0.24%	0.31%	0.24%
	PRI	B	0.09%	0.1%	0.09%
	PRU	A	0.38%	0.44%	0.38%
	PSN	D	0.04%	0.05%	0.04%
	PSTG	D	0.12%	0.16%	0.12%
	PTC	B	0.19%	0.23%	0.19%
	PVH	C	0.05%	0.05%	0.05%
	PWR	A	0.39%	0.48%	0.39%
	QRVO	F	0.05%	0.06%	0.05%
	R	B	0.06%	0.1%	0.06%
	RBLX	C	0.21%	0.27%	0.21%
	REG	A	0.11%	0.15%	0.11%
	REXR	F	0.07%	0.1%	0.07%
	RF	A	0.2%	0.23%	0.2%
	RGA	A	0.13%	0.15%	0.13%
	RGEN	D	0.06%	0.08%	0.06%
	RH	C	0.04%	0.05%	0.04%
	RHI	C	0.06%	0.09%	0.06%
	RIVN	F	0.07%	0.1%	0.07%
	RJF	A	0.25%	0.29%	0.25%
	RL	C	0.07%	0.08%	0.07%
	RMD	C	0.28%	0.35%	0.28%
	RNR	C	0.11%	0.12%	0.11%
	ROK	C	0.27%	0.35%	0.27%
	ROKU	D	0.07%	0.1%	0.07%
	ROL	B	0.12%	0.16%	0.12%
	RPRX	D	0.08%	0.11%	0.08%
	RRX	B	0.09%	0.13%	0.09%
	RS	B	0.15%	0.22%	0.15%
	RVTY	F	0.11%	0.16%	0.11%
	RYAN	A	0.06%	0.07%	0.06%
	S	B	0.06%	0.08%	0.06%
	SAIA	B	0.11%	0.2%	0.11%
	SAIC	F	0.05%	0.07%	0.05%
	SBAC	D	0.2%	0.26%	0.2%
	SCI	B	0.1%	0.13%	0.1%
	SEE	C	0.04%	0.06%	0.04%
	SEIC	B	0.07%	0.08%	0.07%
	SF	B	0.09%	0.11%	0.09%
	SITE	F	0.05%	0.06%	0.05%
	SJM	D	0.09%	0.13%	0.09%
	SKX	D	0.07%	0.08%	0.07%
	SLGN	A	0.04%	0.05%	0.04%
	SLM	A	0.04%	0.05%	0.04%
	SMAR	B	0.06%	0.07%	0.06%
	SMCI	F	0.08%	0.09%	0.08%
	SNA	A	0.15%	0.21%	0.15%
	SNV	C	0.07%	0.08%	0.07%
	SNX	D	0.07%	0.08%	0.07%
	SOFI	B	0.12%	0.14%	0.12%
	SON	F	0.04%	0.06%	0.04%
	SQ	A	0.39%	0.47%	0.39%
	SRPT	F	0.08%	0.11%	0.08%
	SSD	F	0.06%	0.09%	0.06%
	SSNC	B	0.13%	0.16%	0.13%
	ST	F	0.04%	0.06%	0.04%
	STAG	D	0.05%	0.07%	0.05%
	STE	D	0.18%	0.24%	0.18%
	STLD	B	0.17%	0.25%	0.17%
	STT	B	0.24%	0.27%	0.24%
	STWD	C	0.05%	0.06%	0.05%
	SUI	C	0.13%	0.17%	0.13%
	SW	A	0.22%	0.29%	0.22%
	SWK	D	0.11%	0.15%	0.11%
	SWKS	F	0.11%	0.14%	0.11%
	SYF	B	0.21%	0.25%	0.21%
	SYY	D	0.31%	0.38%	0.31%
	TDY	B	0.18%	0.25%	0.18%
	TECH	F	0.09%	0.12%	0.09%
	TER	F	0.13%	0.18%	0.13%
	TFX	F	0.08%	0.1%	0.08%
	THG	A	0.05%	0.06%	0.05%
	THO	B	0.05%	0.08%	0.05%
	TKR	D	0.04%	0.05%	0.04%
	TOL	B	0.13%	0.17%	0.13%
	TOST	B	0.15%	0.16%	0.15%
	TPG	A	0.04%	0.05%	0.04%
	TPR	B	0.11%	0.13%	0.11%
	TPX	B	0.08%	0.09%	0.08%
	TREX	C	0.06%	0.07%	0.06%
	TRMB	B	0.14%	0.2%	0.14%
	TROW	B	0.21%	0.25%	0.21%
	TRU	D	0.15%	0.22%	0.15%
	TSCO	D	0.24%	0.28%	0.24%
	TTC	C	0.07%	0.1%	0.07%
	TTD	B	0.43%	0.55%	0.43%
	TTEK	F	0.09%	0.12%	0.09%
	TTWO	A	0.25%	0.3%	0.25%
	TW	A	0.12%	0.14%	0.12%
	TWLO	A	0.14%	0.17%	0.14%
	TXRH	B	0.11%	0.14%	0.11%
	TYL	B	0.21%	0.27%	0.21%
	UDR	B	0.12%	0.16%	0.12%
	UGI	C	0.04%	0.06%	0.04%
	ULTA	F	0.14%	0.17%	0.14%
	UNM	A	0.1%	0.13%	0.1%
	URI	C	0.46%	0.55%	0.46%
	USFD	A	0.12%	0.17%	0.12%
	UTHR	C	0.13%	0.18%	0.13%
	VEEV	C	0.26%	0.35%	0.26%
	VFC	C	0.06%	0.07%	0.06%
	VLTO	C	0.21%	0.25%	0.21%
	VMC	B	0.3%	0.4%	0.3%
	VMI	B	0.06%	0.08%	0.06%
	VNO	C	0.06%	0.08%	0.06%
	VNT	C	0.05%	0.06%	0.05%
	VOYA	B	0.07%	0.08%	0.07%
	VRSK	A	0.33%	0.42%	0.33%
	VRSN	C	0.13%	0.16%	0.13%
	VRT	B	0.36%	0.48%	0.36%
	VTR	B	0.21%	0.29%	0.21%
	WAB	B	0.28%	0.37%	0.28%
	WAL	B	0.08%	0.1%	0.08%
	WAT	C	0.17%	0.24%	0.17%
	WBD	B	0.18%	0.26%	0.18%
	WBS	A	0.09%	0.1%	0.09%
	WCC	B	0.07%	0.09%	0.07%
	WDC	D	0.17%	0.22%	0.17%
	WEC	A	0.26%	0.33%	0.26%
	WEX	D	0.06%	0.08%	0.06%
	WH	B	0.06%	0.08%	0.06%
	WHR	B	0.05%	0.06%	0.05%
	WING	D	0.08%	0.11%	0.08%
	WMS	F	0.08%	0.1%	0.08%
	WPC	C	0.1%	0.13%	0.1%
	WRB	A	0.15%	0.17%	0.15%
	WSC	F	0.05%	0.07%	0.05%
	WSM	C	0.14%	0.15%	0.14%
	WSO	A	0.15%	0.21%	0.15%
	WST	C	0.19%	0.27%	0.19%
	WTFC	A	0.07%	0.08%	0.07%
	WTM	A	0.04%	0.05%	0.04%
	WTRG	B	0.08%	0.12%	0.08%
	WTW	B	0.26%	0.31%	0.26%
	WWD	C	0.08%	0.11%	0.08%
	WY	F	0.19%	0.2%	0.19%
	XEL	A	0.32%	0.4%	0.32%
	XPO	B	0.14%	0.24%	0.14%
	XRAY	F	0.03%	0.04%	0.03%
	XYL	D	0.24%	0.31%	0.24%
	YUM	D	0.31%	0.4%	0.31%
	Z	A	0.1%	0.15%	0.1%
	ZBH	C	0.19%	0.24%	0.19%
	ZBRA	B	0.16%	0.21%	0.16%
	ZI	D	0.03%	0.03%	0.03%
	ZION	B	0.07%	0.08%	0.07%
	ZM	C	0.18%	0.22%	0.18%
	ZS	B	0.15%	0.2%	0.15%

IWR Overweight 281 Positions Relative to CVMC

	Symbol	Grade	Weight
	PLTR	B	1.09%
	WMB	A	0.57%
	OKE	A	0.53%
	AJG	A	0.52%
	AFL	B	0.51%
	COIN	C	0.5%
	HLT	A	0.5%
	DLR	B	0.48%
	SPG	A	0.48%
	RCL	A	0.45%
	KMI	A	0.44%
	MSTR	B	0.44%
	O	C	0.41%
	LNG	A	0.4%
	VST	A	0.4%
	DHI	F	0.39%
	ROST	D	0.38%
	LHX	C	0.38%
	PCG	A	0.37%
	HWM	A	0.37%
	TRGP	A	0.35%
	COR	B	0.33%
	FERG	B	0.33%
	HES	B	0.33%
	CTVA	C	0.32%
	MLM	C	0.29%
	DD	C	0.28%
	GRMN	B	0.27%
	VICI	C	0.27%
	FANG	C	0.27%
	MCHP	F	0.27%
	DOW	F	0.26%
	ETR	B	0.26%
	EIX	B	0.26%
	UAL	A	0.25%
	DXCM	C	0.25%
	CAH	B	0.24%
	GPN	B	0.24%
	CPNG	D	0.23%
	HAL	C	0.22%
	PPL	A	0.21%
	EQT	B	0.21%
	ADM	D	0.21%
	TPL	A	0.21%
	GDDY	A	0.21%
	FE	C	0.2%
	DVN	F	0.2%
	CCL	A	0.2%
	CPAY	A	0.2%
	EXPE	B	0.19%
	HOOD	B	0.18%
	LYB	F	0.18%
	EXE	A	0.18%
	LDOS	C	0.18%
	ATO	A	0.18%
	MKL	A	0.18%
	INVH	D	0.17%
	BLDR	D	0.17%
	CTRA	B	0.16%
	IBKR	A	0.16%
	COO	D	0.16%
	LUV	C	0.16%
	CNP	A	0.16%
	IP	A	0.16%
	DKNG	B	0.15%
	TSN	B	0.15%
	NTRA	A	0.14%
	FWONK	A	0.14%
	LVS	B	0.14%
	RPM	A	0.14%
	J	D	0.14%
	VTRS	A	0.13%
	FNF	B	0.13%
	CF	A	0.13%
	TXT	D	0.13%
	MRO	B	0.13%
	THC	D	0.12%
	L	A	0.12%
	GLPI	C	0.11%
	BWXT	B	0.1%
	OVV	B	0.1%
	UHS	D	0.1%
	FTI	A	0.1%
	ALB	B	0.1%
	AMH	C	0.1%
	CACI	D	0.09%
	PNW	A	0.09%
	FOXA	A	0.09%
	GNRC	C	0.09%
	CAVA	B	0.09%
	NWSA	A	0.09%
	TAP	C	0.09%
	AA	A	0.09%
	NCLH	B	0.09%
	AIZ	A	0.09%
	RGLD	C	0.08%
	WYNN	C	0.08%
	SOLV	D	0.08%
	TKO	A	0.08%
	PR	B	0.08%
	CHDN	B	0.08%
	MUSA	B	0.08%
	DTM	A	0.08%
	NLY	C	0.08%
	EXP	B	0.08%
	CHRD	D	0.07%
	MTCH	D	0.07%
	RRC	B	0.07%
	X	B	0.07%
	CZR	F	0.07%
	APA	D	0.07%
	EGP	D	0.07%
	LNW	F	0.07%
	CR	A	0.07%
	GLOB	B	0.07%
	OGE	A	0.07%
	ITCI	C	0.07%
	FYBR	C	0.07%
	MGM	D	0.07%
	AR	B	0.07%
	RBC	A	0.07%
	SN	D	0.06%
	MTDR	B	0.06%
	MTSI	B	0.06%
	MASI	B	0.06%
	GNTX	C	0.06%
	GTLB	B	0.06%
	CART	C	0.06%
	RLI	A	0.06%
	PCOR	B	0.06%
	KEX	B	0.06%
	ADC	A	0.06%
	HII	F	0.06%
	KBR	F	0.06%
	LITE	B	0.05%
	RITM	C	0.05%
	VVV	D	0.05%
	PATH	C	0.05%
	FOX	A	0.05%
	WFRD	D	0.05%
	LAZ	B	0.05%
	WBA	F	0.05%
	UHAL	D	0.05%
	SIRI	C	0.05%
	NOV	C	0.05%
	COLB	B	0.05%
	BSY	F	0.05%
	HR	B	0.05%
	DINO	D	0.05%
	AZPN	A	0.05%
	KMPR	A	0.04%
	RYN	D	0.04%
	KRC	B	0.04%
	CUZ	B	0.04%
	LOPE	C	0.04%
	AGO	B	0.04%
	ROIV	C	0.04%
	OLN	F	0.04%
	BYD	B	0.04%
	BROS	A	0.04%
	CIVI	D	0.04%
	AM	A	0.04%
	VNOM	A	0.04%
	U	C	0.04%
	VKTX	F	0.04%
	POST	C	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	WEN	D	0.03%
	AMTM	D	0.03%
	BHF	C	0.03%
	SMG	C	0.03%
	PENN	C	0.03%
	VAC	C	0.03%
	HUN	F	0.03%
	YETI	D	0.03%
	NCNO	C	0.03%
	IRDM	D	0.03%
	EPR	C	0.03%
	ZG	A	0.03%
	HIW	C	0.03%
	PII	F	0.03%
	ACHC	F	0.03%
	FHB	B	0.03%
	IAC	F	0.03%
	NVST	B	0.03%
	SPR	D	0.03%
	W	D	0.03%
	TNL	A	0.03%
	NWS	A	0.03%
	NWL	C	0.03%
	PRGO	C	0.03%
	DNB	B	0.03%
	MDU	D	0.03%
	NEU	D	0.03%
	DXC	B	0.03%
	PEGA	B	0.03%
	LINE	F	0.03%
	RARE	F	0.03%
	GFS	C	0.03%
	MSGS	A	0.03%
	GTES	A	0.03%
	WLK	D	0.03%
	VSTS	C	0.02%
	CRI	F	0.02%
	UAA	C	0.02%
	ALAB	B	0.02%
	RKT	F	0.02%
	QDEL	F	0.02%
	LBTYK	A	0.02%
	INFA	D	0.02%
	LBTYA	F	0.02%
	IPGP	D	0.02%
	LCID	F	0.02%
	KSS	F	0.02%
	SHC	F	0.02%
	PPC	C	0.02%
	ADT	C	0.02%
	AZTA	D	0.02%
	RCM	A	0.02%
	AAP	D	0.02%
	HAYW	B	0.02%
	JWN	D	0.02%
	PINC	B	0.02%
	CPRI	F	0.02%
	SPB	C	0.02%
	MP	C	0.02%
	HHH	B	0.02%
	ENOV	C	0.02%
	MPW	F	0.02%
	WU	F	0.02%
	CXT	C	0.02%
	DV	C	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	VIRT	A	0.02%
	CC	C	0.02%
	AMKR	D	0.02%
	ECG	C	0.02%
	AMED	F	0.02%
	MAN	F	0.02%
	RNG	C	0.02%
	SNRE	D	0.02%
	NSA	C	0.02%
	LLYVK	A	0.02%
	PK	C	0.02%
	UWMC	D	0.01%
	PLTK	B	0.01%
	SEB	F	0.01%
	TFSL	A	0.01%
	WOLF	F	0.01%
	LOAR	B	0.01%
	CNA	C	0.01%
	AS	A	0.01%
	CERT	F	0.01%
	PYCR	B	0.01%
	DDS	B	0.01%
	LLYVA	A	0.01%
	UI	B	0.01%
	TXG	F	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	TRIP	F	0.01%
	LBRDA	C	0.01%
	LEG	F	0.01%
	DJT	C	0.01%
	GO	C	0.01%
	QS	F	0.01%
	CAR	C	0.01%
	FTRE	D	0.01%
	FWONA	A	0.01%
	UA	C	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	CNXC	F	0.01%
	PARAA	B	0.0%
	SEG	B	0.0%
	GRAL	B	0.0%
	UHAL	D	0.0%
	NFE	D	0.0%

IWR Underweight 87 Positions Relative to CVMC

	Symbol	Grade	Weight
	ADSK	A	-0.64%
	FTNT	C	-0.59%
	D	C	-0.47%
	KMB	C	-0.42%
	SNOW	B	-0.41%
	TEAM	A	-0.4%
	LULU	C	-0.34%
	KHC	F	-0.3%
	STX	C	-0.21%
	SFM	A	-0.15%
	CMC	B	-0.14%
	EL	F	-0.14%
	SUM	B	-0.13%
	AIT	B	-0.12%
	ALV	C	-0.11%
	MLI	B	-0.11%
	SNAP	D	-0.11%
	MOD	A	-0.09%
	ENSG	C	-0.09%
	UFPI	C	-0.08%
	CVLT	B	-0.08%
	SSB	B	-0.08%
	HLNE	B	-0.08%
	TMHC	C	-0.08%
	GKOS	B	-0.08%
	GTLS	A	-0.08%
	HQY	A	-0.08%
	BPMC	B	-0.07%
	BCPC	B	-0.07%
	WTS	B	-0.07%
	KRG	B	-0.07%
	CADE	B	-0.07%
	ONB	C	-0.07%
	SPSC	D	-0.07%
	CBT	D	-0.07%
	CWST	A	-0.07%
	ANF	F	-0.07%
	NOVT	D	-0.07%
	MOG.A	B	-0.07%
	MTH	D	-0.07%
	JXN	C	-0.07%
	EXLS	B	-0.07%
	RHP	B	-0.07%
	BMI	B	-0.07%
	HALO	F	-0.07%
	HOMB	A	-0.06%
	IBP	D	-0.06%
	ESNT	F	-0.06%
	EXPO	D	-0.06%
	QLYS	B	-0.06%
	SIGI	C	-0.06%
	DY	D	-0.06%
	COOP	B	-0.06%
	VRNS	D	-0.06%
	RMBS	B	-0.06%
	BECN	B	-0.06%
	ITRI	C	-0.06%
	GATX	A	-0.06%
	ALTR	B	-0.06%
	FSS	B	-0.06%
	MMSI	A	-0.06%
	EPRT	B	-0.06%
	KBH	D	-0.06%
	TRNO	F	-0.06%
	BCO	F	-0.05%
	FELE	B	-0.05%
	ABG	C	-0.05%
	RDN	D	-0.05%
	TENB	C	-0.05%
	WMG	D	-0.05%
	BCC	B	-0.05%
	SWX	B	-0.05%
	POR	C	-0.05%
	ZWS	B	-0.05%
	MMS	F	-0.05%
	TNET	F	-0.04%
	ATKR	D	-0.04%
	BBIO	F	-0.04%
	CDP	C	-0.04%
	LANC	C	-0.04%
	SIG	B	-0.04%
	NSIT	F	-0.04%
	CHWY	B	-0.04%
	OPCH	D	-0.04%
	CWAN	B	-0.04%
	PFSI	C	-0.03%
	LEVI	F	-0.02%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Diagnostics & Research Software - Infrastructure Business Services Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Packaged Foods Packaging & Containers Information Technology Services Semiconductors Building Materials Capital Markets Insurance - Property & Casualty REIT - Residential Specialty Chemicals

Keywords: S&P 500 Computing Natural Gas Insurance Nasdaq 100 Real Estate Investment Trust Electronics Banking Aerospace Bank Chemical Electricity Telecommunications Mining Medicine Insurance Products Semiconductor Biotechnology Beverage Cloud Computing

CVMC: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Business Services Asset Management Biotechnology Software - Infrastructure Diagnostics & Research Packaged Foods Specialty Retail Utilities - Regulated Electric Scientific & Technical Instruments Building Materials Packaging & Containers Capital Markets Insurance - Property & Casualty Medical Instruments & Supplies REIT - Residential Engineering & Construction Information Technology Services

Keywords: S&P 500 Computing Nasdaq 100 Insurance Banking Bank Electronics Real Estate Investment Trust Chemical Aerospace Electricity Mining Natural Gas Building Materials Insurance Products Construction Beverage Medicine Telecommunications Semiconductor