IWR vs. EHLS ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Even Herd Long Short ETF (EHLS)

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

$94.53

Average Daily Volume

1,461,787

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

EHLS

Even Herd Long Short ETF

EHLS Description

EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$23.30

Average Daily Volume

2,650

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	IWR	EHLS
30 Days	6.87%	10.27%
60 Days	7.84%	10.82%
90 Days	9.96%	13.69%
12 Months	34.02%

106 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in EHLS	Overlap
ACI	C	0.07%	-0.3%	-0.3%
ADM	D	0.21%	-0.25%	-0.25%
AES	F	0.08%	-0.17%	-0.17%
AKAM	D	0.11%	-0.25%	-0.25%
ALB	C	0.1%	-0.28%	-0.28%
ALGM	D	0.02%	-0.26%	-0.26%
ALSN	B	0.08%	0.55%	0.08%
APA	D	0.07%	-0.23%	-0.23%
APLS	D	0.02%	-0.24%	-0.24%
APTV	D	0.12%	-0.18%	-0.18%
ARE	D	0.15%	-0.26%	-0.26%
ARES	A	0.25%	1.05%	0.25%
ASH	D	0.03%	-0.21%	-0.21%
AVTR	F	0.12%	-0.22%	-0.22%
AWK	D	0.22%	-0.3%	-0.3%
BEN	C	0.05%	-0.2%	-0.2%
BG	F	0.1%	-0.26%	-0.26%
BK	A	0.48%	1.24%	0.48%
BRO	B	0.22%	1.0%	0.22%
CACI	D	0.09%	0.42%	0.09%
CAR	C	0.01%	-0.32%	-0.32%
CBRE	B	0.33%	0.98%	0.33%
CC	C	0.02%	-0.24%	-0.24%
CDW	F	0.2%	-0.27%	-0.27%
CHRD	D	0.07%	-0.29%	-0.29%
CIVI	D	0.04%	-0.29%	-0.29%
CLH	B	0.1%	0.48%	0.1%
COLD	D	0.05%	-0.2%	-0.2%
CRL	C	0.08%	-0.28%	-0.28%
CSGP	D	0.24%	-0.23%	-0.23%
CTRA	B	0.16%	-0.26%	-0.26%
CVNA	B	0.21%	1.29%	0.21%
CW	B	0.11%	1.26%	0.11%
DG	F	0.14%	-0.21%	-0.21%
DLB	B	0.03%	-0.23%	-0.23%
DVN	F	0.2%	-0.27%	-0.27%
EG	C	0.13%	-0.3%	-0.3%
ELF	C	0.05%	-0.21%	-0.21%
EME	C	0.19%	0.75%	0.19%
ENOV	C	0.02%	-0.22%	-0.22%
ENPH	F	0.06%	-0.18%	-0.18%
ENTG	D	0.12%	-0.24%	-0.24%
ES	D	0.18%	-0.3%	-0.3%
ETSY	D	0.05%	-0.24%	-0.24%
EXC	C	0.32%	-0.3%	-0.3%
EXEL	B	0.08%	0.23%	0.08%
FICO	B	0.44%	1.3%	0.44%
FIVE	F	0.04%	-0.22%	-0.22%
FIVN	C	0.02%	-0.29%	-0.29%
FTI	A	0.1%	0.53%	0.1%
FTV	C	0.22%	-0.25%	-0.25%
GIS	D	0.29%	-0.25%	-0.25%
GO	C	0.01%	-0.26%	-0.26%
HES	B	0.33%	-0.3%	-0.3%
HOOD	B	0.18%	1.01%	0.18%
HSY	F	0.21%	-0.25%	-0.25%
HUBB	B	0.19%	0.46%	0.19%
HWM	A	0.37%	1.8%	0.37%
HXL	D	0.04%	-0.27%	-0.27%
IAC	D	0.03%	-0.26%	-0.26%
IDXX	F	0.29%	-0.3%	-0.3%
IPG	D	0.08%	-0.25%	-0.25%
IRM	D	0.28%	1.68%	0.28%
KMX	B	0.1%	-0.31%	-0.31%
LEA	D	0.04%	-0.22%	-0.22%
LKQ	D	0.08%	-0.29%	-0.29%
LYV	A	0.17%	0.26%	0.17%
MCHP	D	0.27%	-0.23%	-0.23%
MGM	D	0.07%	-0.26%	-0.26%
MOS	F	0.07%	-0.29%	-0.29%
MTDR	B	0.06%	-0.27%	-0.27%
MTN	C	0.06%	-0.25%	-0.25%
MUSA	A	0.08%	0.27%	0.08%
NRG	B	0.16%	1.2%	0.16%
NUE	C	0.29%	-0.23%	-0.23%
OKTA	C	0.1%	-0.28%	-0.28%
OLN	D	0.04%	-0.23%	-0.23%
ON	D	0.23%	-0.27%	-0.27%
OVV	B	0.1%	-0.33%	-0.33%
PEGA	A	0.03%	0.25%	0.03%
PINS	D	0.14%	-0.3%	-0.3%
PKG	A	0.17%	0.49%	0.17%
PLTR	B	1.09%	1.25%	1.09%
PPG	F	0.24%	-0.3%	-0.3%
PRGO	B	0.03%	-0.44%	-0.44%
PSN	D	0.04%	0.7%	0.04%
REXR	F	0.07%	-0.25%	-0.25%
SITE	D	0.05%	-0.24%	-0.24%
SJM	D	0.09%	-0.29%	-0.29%
SOFI	A	0.12%	0.25%	0.12%
SON	D	0.04%	-0.26%	-0.26%
TDC	D	0.02%	-0.29%	-0.29%
THC	D	0.12%	0.98%	0.12%
TPL	A	0.21%	1.02%	0.21%
TRGP	B	0.35%	1.03%	0.35%
TWLO	A	0.14%	0.49%	0.14%
TYL	B	0.21%	0.48%	0.21%
UGI	A	0.04%	-0.29%	-0.29%
VRSN	F	0.13%	-0.28%	-0.28%
VST	B	0.4%	1.31%	0.4%
W	F	0.03%	-0.2%	-0.2%
WAB	B	0.28%	0.89%	0.28%
WFRD	D	0.05%	-0.3%	-0.3%
WPC	D	0.1%	-0.24%	-0.24%
WSC	D	0.05%	-0.21%	-0.21%
WU	D	0.02%	-0.18%	-0.18%

IWR Overweight 697 Positions Relative to EHLS

Symbol	Grade	Weight
APP	B	0.63%
WMB	A	0.57%
OKE	A	0.53%
AJG	B	0.52%
AFL	B	0.51%
COIN	C	0.5%
HLT	A	0.5%
DLR	B	0.48%
SPG	B	0.48%
URI	B	0.46%
AMP	A	0.46%
RCL	A	0.45%
KMI	A	0.44%
MSTR	C	0.44%
ALL	A	0.43%
TTD	B	0.43%
GWW	B	0.42%
O	D	0.41%
CMI	A	0.41%
FIS	C	0.41%
LNG	B	0.4%
FAST	B	0.39%
SQ	B	0.39%
PWR	A	0.39%
DHI	D	0.39%
MSCI	C	0.38%
KVUE	A	0.38%
PRU	A	0.38%
PAYX	C	0.38%
ROST	C	0.38%
LHX	C	0.38%
PEG	A	0.37%
AME	A	0.37%
PCG	A	0.37%
CCI	D	0.37%
EA	A	0.36%
VRT	B	0.36%
DFS	B	0.36%
ODFL	B	0.35%
BKR	B	0.35%
AXON	A	0.35%
DAL	C	0.34%
IR	B	0.34%
COR	B	0.33%
VRSK	A	0.33%
OTIS	C	0.33%
LEN	D	0.33%
FERG	B	0.33%
CTSH	B	0.32%
KR	B	0.32%
CTVA	C	0.32%
XEL	A	0.32%
IT	C	0.32%
GEHC	F	0.31%
A	D	0.31%
SYY	B	0.31%
YUM	B	0.31%
DDOG	A	0.31%
HPQ	B	0.3%
CHTR	C	0.3%
ACGL	D	0.3%
VMC	B	0.3%
IQV	D	0.29%
GLW	B	0.29%
MTB	A	0.29%
MLM	B	0.29%
ED	D	0.28%
RMD	C	0.28%
DD	D	0.28%
EXR	D	0.28%
HIG	B	0.28%
GRMN	B	0.27%
NDAQ	A	0.27%
AVB	B	0.27%
ROK	B	0.27%
VICI	C	0.27%
HUBS	A	0.27%
HUM	C	0.27%
FANG	D	0.27%
DOW	F	0.26%
WEC	A	0.26%
EBAY	D	0.26%
VEEV	C	0.26%
ETR	B	0.26%
EIX	B	0.26%
WTW	B	0.26%
FITB	A	0.26%
UAL	A	0.25%
CNC	D	0.25%
DXCM	D	0.25%
RJF	A	0.25%
EFX	F	0.25%
TTWO	A	0.25%
STT	A	0.24%
CAH	B	0.24%
ANSS	B	0.24%
XYL	D	0.24%
GPN	B	0.24%
TSCO	D	0.24%
ALNY	D	0.24%
HPE	B	0.23%
DOV	A	0.23%
EQR	B	0.23%
CPNG	D	0.23%
HAL	C	0.22%
FCNCA	A	0.22%
PHM	D	0.22%
CHD	B	0.22%
SW	A	0.22%
DECK	A	0.22%
BR	A	0.22%
NET	B	0.22%
MPWR	F	0.22%
PPL	B	0.21%
MTD	D	0.21%
EQT	B	0.21%
VLTO	D	0.21%
HBAN	A	0.21%
SYF	B	0.21%
VTR	C	0.21%
GDDY	A	0.21%
RBLX	C	0.21%
NVR	D	0.21%
TROW	B	0.21%
KEYS	A	0.21%
SBAC	D	0.2%
FE	C	0.2%
NTAP	C	0.2%
RF	A	0.2%
CCL	B	0.2%
AEE	A	0.2%
DTE	C	0.2%
CPAY	A	0.2%
PTC	A	0.19%
WY	D	0.19%
WST	C	0.19%
EXPE	B	0.19%
ZBH	C	0.19%
BIIB	F	0.19%
CINF	A	0.19%
LPLA	A	0.19%
ZM	B	0.18%
NTRS	A	0.18%
LYB	F	0.18%
ILMN	D	0.18%
EXE	B	0.18%
STE	F	0.18%
LDOS	C	0.18%
TDY	B	0.18%
ATO	A	0.18%
MKL	A	0.18%
IFF	D	0.18%
WBD	C	0.18%
FSLR	F	0.17%
CMS	C	0.17%
WDC	D	0.17%
CSL	C	0.17%
INVH	D	0.17%
STLD	B	0.17%
CLX	B	0.17%
CBOE	B	0.17%
WAT	B	0.17%
K	A	0.17%
CFG	B	0.17%
BLDR	D	0.17%
IBKR	A	0.16%
BAH	F	0.16%
ESS	B	0.16%
COO	D	0.16%
LUV	C	0.16%
LII	A	0.16%
CNP	B	0.16%
ZBRA	B	0.16%
MDB	C	0.16%
LH	C	0.16%
DRI	B	0.16%
PFG	D	0.16%
BBY	D	0.16%
IP	B	0.16%
RS	B	0.15%
KEY	B	0.15%
DGX	A	0.15%
WRB	A	0.15%
HOLX	D	0.15%
WSO	A	0.15%
DKNG	B	0.15%
TOST	B	0.15%
TSN	B	0.15%
PODD	C	0.15%
MAA	B	0.15%
FDS	B	0.15%
SNA	A	0.15%
ZS	C	0.15%
TRU	D	0.15%
MKC	D	0.15%
BALL	D	0.15%
OMC	C	0.15%
NI	A	0.14%
KIM	A	0.14%
NTRA	B	0.14%
WSM	B	0.14%
XPO	B	0.14%
MANH	D	0.14%
OC	A	0.14%
ALGN	D	0.14%
FWONK	B	0.14%
NTNX	A	0.14%
LVS	C	0.14%
EXPD	D	0.14%
HEI	B	0.14%
GPC	D	0.14%
BURL	A	0.14%
MOH	F	0.14%
TRMB	B	0.14%
RPM	A	0.14%
IEX	B	0.14%
MAS	D	0.14%
J	F	0.14%
PNR	A	0.14%
ULTA	F	0.14%
VTRS	A	0.13%
FNF	B	0.13%
RGA	A	0.13%
DT	C	0.13%
SUI	D	0.13%
TOL	B	0.13%
LNT	A	0.13%
FIX	A	0.13%
GWRE	A	0.13%
SSNC	B	0.13%
AVY	D	0.13%
UTHR	C	0.13%
CF	B	0.13%
TXT	D	0.13%
MRO	B	0.13%
TER	D	0.13%
DOCU	A	0.13%
GEN	B	0.13%
BAX	D	0.13%
ROL	B	0.12%
EQH	B	0.12%
JBL	B	0.12%
EVRG	A	0.12%
EWBC	A	0.12%
NDSN	B	0.12%
ACM	A	0.12%
UDR	B	0.12%
DOC	D	0.12%
AMCR	D	0.12%
USFD	A	0.12%
PSTG	D	0.12%
CASY	A	0.12%
DPZ	C	0.12%
JBHT	C	0.12%
TW	A	0.12%
L	A	0.12%
GGG	B	0.12%
PFGC	B	0.11%
CHRW	C	0.11%
GLPI	C	0.11%
JEF	A	0.11%
DLTR	F	0.11%
AFRM	B	0.11%
EPAM	C	0.11%
ELS	C	0.11%
SWK	D	0.11%
TPR	B	0.11%
TXRH	C	0.11%
RNR	C	0.11%
SWKS	F	0.11%
POOL	C	0.11%
RVTY	F	0.11%
REG	B	0.11%
SAIA	B	0.11%
FFIV	B	0.11%
BJ	A	0.1%
BWXT	B	0.1%
Z	A	0.1%
UHS	D	0.1%
UNM	A	0.1%
NBIX	C	0.1%
EMN	D	0.1%
JNPR	F	0.1%
HEI	B	0.1%
NVT	B	0.1%
BMRN	D	0.1%
SCI	B	0.1%
HST	C	0.1%
INCY	C	0.1%
ALLE	D	0.1%
BXP	D	0.1%
CPT	B	0.1%
JLL	D	0.1%
ITT	A	0.1%
JKHY	D	0.1%
COHR	B	0.1%
CAG	D	0.1%
AMH	D	0.1%
WBS	A	0.09%
PRI	A	0.09%
PNW	B	0.09%
FOXA	B	0.09%
TECH	D	0.09%
CCK	C	0.09%
GNRC	B	0.09%
CTLT	B	0.09%
CAVA	B	0.09%
EVR	B	0.09%
FND	C	0.09%
CUBE	D	0.09%
LW	C	0.09%
NWSA	B	0.09%
LAMR	D	0.09%
TAP	C	0.09%
BLD	D	0.09%
ATR	B	0.09%
CG	A	0.09%
TTEK	F	0.09%
AA	B	0.09%
DKS	C	0.09%
FHN	A	0.09%
PAYC	B	0.09%
DAY	B	0.09%
RRX	B	0.09%
DUOL	A	0.09%
NCLH	B	0.09%
LECO	B	0.09%
OWL	A	0.09%
AIZ	A	0.09%
SF	B	0.09%
TFX	F	0.08%
FBIN	D	0.08%
AAON	B	0.08%
TPX	B	0.08%
GMED	A	0.08%
DCI	B	0.08%
SMCI	F	0.08%
WMS	D	0.08%
RGLD	C	0.08%
WYNN	D	0.08%
INGR	B	0.08%
WING	D	0.08%
ORI	A	0.08%
SOLV	C	0.08%
FRT	B	0.08%
BRBR	A	0.08%
TKO	B	0.08%
SRPT	D	0.08%
PNFP	B	0.08%
AAL	B	0.08%
CNH	C	0.08%
DOX	D	0.08%
CIEN	B	0.08%
MKTX	D	0.08%
PR	B	0.08%
GL	B	0.08%
HLI	B	0.08%
WTRG	B	0.08%
WAL	B	0.08%
CHDN	B	0.08%
LBRDK	C	0.08%
ARMK	B	0.08%
EHC	B	0.08%
DTM	B	0.08%
NLY	C	0.08%
OHI	C	0.08%
AFG	A	0.08%
ALLY	C	0.08%
GME	C	0.08%
EXP	A	0.08%
AYI	B	0.08%
RPRX	D	0.08%
LAD	A	0.08%
WWD	B	0.08%
KNSL	B	0.08%
MTCH	D	0.07%
MEDP	D	0.07%
RRC	B	0.07%
X	C	0.07%
SEIC	B	0.07%
CZR	F	0.07%
SKX	D	0.07%
SNV	B	0.07%
APG	B	0.07%
CE	F	0.07%
DVA	B	0.07%
CNM	D	0.07%
CFR	B	0.07%
VOYA	B	0.07%
PLNT	A	0.07%
CPB	D	0.07%
CHE	D	0.07%
RIVN	F	0.07%
EGP	F	0.07%
HRB	D	0.07%
RL	B	0.07%
GPK	C	0.07%
LNW	D	0.07%
HRL	D	0.07%
NYT	C	0.07%
MTZ	B	0.07%
TTC	D	0.07%
CR	A	0.07%
GLOB	B	0.07%
WTFC	A	0.07%
CBSH	A	0.07%
ZION	B	0.07%
OGE	B	0.07%
ITCI	C	0.07%
FYBR	D	0.07%
HAS	D	0.07%
BILL	A	0.07%
AOS	F	0.07%
CMA	A	0.07%
BRX	A	0.07%
SNX	C	0.07%
PCTY	B	0.07%
ROKU	D	0.07%
KNX	B	0.07%
PEN	B	0.07%
HSIC	B	0.07%
AR	B	0.07%
AXTA	A	0.07%
WCC	B	0.07%
RBC	A	0.07%
EXAS	D	0.07%
MORN	B	0.07%
AWI	A	0.06%
H	B	0.06%
CFLT	B	0.06%
SN	D	0.06%
LSCC	D	0.06%
AXS	A	0.06%
VMI	B	0.06%
FMC	D	0.06%
DAR	C	0.06%
ALK	C	0.06%
CGNX	C	0.06%
FCN	D	0.06%
BPOP	B	0.06%
MTSI	B	0.06%
MASI	A	0.06%
ELAN	D	0.06%
R	B	0.06%
GXO	B	0.06%
FR	C	0.06%
ATI	D	0.06%
FRPT	B	0.06%
RGEN	D	0.06%
GNTX	C	0.06%
VFC	C	0.06%
ESTC	C	0.06%
ESAB	B	0.06%
MKSI	C	0.06%
AGNC	D	0.06%
GTLB	B	0.06%
BBWI	D	0.06%
OSK	B	0.06%
VNO	B	0.06%
S	B	0.06%
LPX	B	0.06%
MIDD	C	0.06%
COKE	C	0.06%
CART	C	0.06%
RLI	B	0.06%
RYAN	B	0.06%
WEX	D	0.06%
PCOR	B	0.06%
PB	A	0.06%
TREX	C	0.06%
MHK	D	0.06%
WH	B	0.06%
KEX	C	0.06%
SMAR	A	0.06%
RHI	B	0.06%
JAZZ	B	0.06%
ADC	B	0.06%
SSD	D	0.06%
OLED	D	0.06%
HII	D	0.06%
NNN	D	0.06%
BERY	B	0.06%
ONTO	D	0.06%
FLS	B	0.06%
KBR	F	0.06%
BWA	D	0.06%
G	B	0.06%
LITE	B	0.05%
RITM	C	0.05%
VVV	F	0.05%
PATH	C	0.05%
NFG	A	0.05%
THO	B	0.05%
OLLI	D	0.05%
BRKR	D	0.05%
PVH	C	0.05%
FOX	A	0.05%
JHG	A	0.05%
CROX	D	0.05%
AGCO	D	0.05%
THG	A	0.05%
VNT	B	0.05%
AMG	B	0.05%
LFUS	F	0.05%
FNB	A	0.05%
IDA	A	0.05%
WHR	B	0.05%
LAZ	B	0.05%
FOUR	B	0.05%
BFAM	D	0.05%
WBA	F	0.05%
DOCS	C	0.05%
STWD	C	0.05%
ARW	D	0.05%
UHAL	D	0.05%
BIO	D	0.05%
QRVO	F	0.05%
OMF	A	0.05%
ESI	A	0.05%
SIRI	C	0.05%
SAIC	F	0.05%
MAT	D	0.05%
NOV	C	0.05%
MSA	D	0.05%
KD	B	0.05%
MTG	C	0.05%
IVZ	B	0.05%
PARA	C	0.05%
COLB	A	0.05%
LSTR	D	0.05%
BSY	D	0.05%
DBX	B	0.05%
FAF	A	0.05%
STAG	F	0.05%
LYFT	C	0.05%
AZEK	A	0.05%
HR	C	0.05%
DINO	D	0.05%
AZPN	A	0.05%
M	D	0.04%
GAP	C	0.04%
KMPR	B	0.04%
RYN	D	0.04%
EEFT	B	0.04%
SLGN	A	0.04%
CELH	F	0.04%
KRC	C	0.04%
SEE	C	0.04%
CUZ	B	0.04%
LOPE	B	0.04%
RH	B	0.04%
AGO	B	0.04%
ST	F	0.04%
HCP	B	0.04%
ROIV	C	0.04%
AVT	C	0.04%
WTM	A	0.04%
TKR	D	0.04%
BYD	C	0.04%
NXST	C	0.04%
INSP	D	0.04%
AL	B	0.04%
BROS	B	0.04%
OZK	B	0.04%
AM	A	0.04%
VNOM	A	0.04%
U	C	0.04%
VKTX	F	0.04%
APPF	B	0.04%
POST	C	0.04%
SLM	A	0.04%
LNC	B	0.04%
CLF	F	0.04%
CCCS	B	0.04%
IONS	F	0.04%
TPG	A	0.04%
CRUS	D	0.04%
BC	C	0.04%
WEN	D	0.03%
AMTM	D	0.03%
BHF	B	0.03%
SMG	D	0.03%
PENN	C	0.03%
VAC	B	0.03%
ZI	D	0.03%
HUN	F	0.03%
YETI	C	0.03%
NCNO	B	0.03%
IRDM	D	0.03%
EPR	D	0.03%
ZG	A	0.03%
HIW	D	0.03%
PII	D	0.03%
ACHC	F	0.03%
FHB	A	0.03%
NVST	B	0.03%
SPR	D	0.03%
TNL	A	0.03%
NWS	B	0.03%
NWL	B	0.03%
DNB	B	0.03%
XRAY	F	0.03%
MDU	D	0.03%
NEU	C	0.03%
DXC	B	0.03%
MSM	C	0.03%
OGN	D	0.03%
LINE	F	0.03%
HOG	D	0.03%
FLO	D	0.03%
RARE	D	0.03%
CHH	A	0.03%
GFS	C	0.03%
MSGS	A	0.03%
GTES	A	0.03%
AN	C	0.03%
WLK	D	0.03%
VSTS	C	0.02%
CRI	D	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	B	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	F	0.02%
AAP	C	0.02%
HAYW	B	0.02%
CWEN	C	0.02%
JWN	C	0.02%
PINC	B	0.02%
CPRI	F	0.02%
SPB	C	0.02%
MP	B	0.02%
HHH	B	0.02%
MPW	F	0.02%
AGR	B	0.02%
BOKF	B	0.02%
CXT	B	0.02%
COTY	F	0.02%
CACC	D	0.02%
DV	C	0.02%
SAM	C	0.02%
COLM	B	0.02%
VIRT	B	0.02%
AMKR	D	0.02%
ECG	C	0.02%
AMED	F	0.02%
MAN	D	0.02%
PAG	B	0.02%
RNG	B	0.02%
SNRE	D	0.02%
NSA	D	0.02%
LLYVK	A	0.02%
PK	B	0.02%
UWMC	D	0.01%
PLTK	B	0.01%
SEB	F	0.01%
TFSL	A	0.01%
WOLF	F	0.01%
LOAR	A	0.01%
CWEN	C	0.01%
CNA	B	0.01%
AS	B	0.01%
CERT	F	0.01%
PYCR	C	0.01%
DDS	B	0.01%
LLYVA	A	0.01%
UI	A	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%
QS	F	0.01%
FTRE	D	0.01%
FWONA	B	0.01%
UA	C	0.01%
CLVT	F	0.01%
LEN	D	0.01%
BIRK	D	0.01%
CNXC	F	0.01%
PARAA	B	0.0%
SEG	B	0.0%
GRAL	C	0.0%
UHAL	D	0.0%
NFE	D	0.0%

IWR Underweight 165 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	B	-2.25%
BMA	B	-2.14%
CSWI	A	-2.03%
QTWO	A	-1.82%
NVDA	C	-1.72%
GDS	C	-1.71%
LMB	A	-1.7%
PIPR	B	-1.67%
META	D	-1.64%
SLG	B	-1.62%
MSI	B	-1.57%
USLM	A	-1.53%
CTAS	B	-1.48%
HWKN	B	-1.46%
GVA	A	-1.41%
IGIC	B	-1.33%
SE	B	-1.3%
CRS	A	-1.27%
ADMA	B	-1.26%
WELL	A	-1.25%
TPB	B	-1.24%
CEG	D	-1.21%
SFM	A	-1.2%
CLBT	B	-1.2%
SKT	B	-1.14%
REAX	D	-1.1%
PAM	A	-1.09%
RDNT	B	-1.08%
SLVM	B	-1.06%
DASH	A	-1.05%
FTDR	A	-1.04%
AXP	A	-1.0%
RSI	B	-0.98%
TMUS	B	-0.96%
NPAB	B	-0.92%
EDN	B	-0.92%
ANET	C	-0.88%
JXN	C	-0.87%
GLNG	C	-0.86%
PNTG	D	-0.84%
MOD	A	-0.82%
IESC	B	-0.79%
COOP	B	-0.78%
SKYW	B	-0.76%
CNX	A	-0.76%
ISRG	A	-0.76%
KKR	A	-0.76%
BSX	B	-0.71%
CDNA	D	-0.62%
HLNE	B	-0.62%
CCB	A	-0.56%
AMAL	B	-0.56%
AIT	A	-0.55%
NBN	B	-0.54%
BBSI	B	-0.54%
CNK	B	-0.51%
VERX	B	-0.49%
PGR	A	-0.48%
FI	A	-0.48%
QFIN	B	-0.47%
MMYT	B	-0.46%
GRBK	D	-0.46%
POWL	C	-0.45%
UFPT	B	-0.44%
RNA	D	-0.44%
ALHC	C	-0.42%
RKLB	B	-0.39%
WULF	C	-0.34%
YPF	B	-0.32%
TCBX	A	-0.3%
CEIX	A	-0.3%
FRHC	B	-0.28%
KTB	B	-0.27%
PPTA	C	-0.27%
CASH	A	-0.27%
EXLS	B	-0.26%
MLR	B	-0.25%
SNEX	B	-0.25%
MATX	C	-0.24%
ONON	A	-0.24%
BBW	B	-0.24%
GATO	D	-0.23%
TRUP	B	-0.23%
AORT	B	-0.22%
CSTM	F	--0.07%
NEP	F	--0.09%
SPT	C	--0.14%
CVI	F	--0.15%
AMN	F	--0.16%
VSAT	F	--0.16%
PGNY	F	--0.17%
STNG	F	--0.17%
FLNG	B	--0.19%
VAL	D	--0.2%
AMRC	F	--0.2%
WRLD	C	--0.2%
ADNT	F	--0.21%
ASML	F	--0.22%
IGT	F	--0.22%
PARR	D	--0.22%
DOOO	F	--0.22%
MRK	F	--0.23%
ROG	D	--0.23%
NTST	D	--0.23%
IMCR	D	--0.23%
NKE	D	--0.23%
TEX	D	--0.23%
ELV	F	--0.23%
SCL	C	--0.24%
OMI	F	--0.24%
CWT	D	--0.24%
ODP	F	--0.24%
NSP	D	--0.24%
WOR	F	--0.24%
PLD	D	--0.24%
PD	C	--0.24%
JBSS	D	--0.25%
OTEX	D	--0.25%
PCH	D	--0.25%
FUL	F	--0.25%
PEP	F	--0.25%
F	C	--0.25%
ATKR	C	--0.25%
ALV	C	--0.25%
THS	D	--0.26%
STZ	D	--0.26%
HDB	C	--0.26%
FMX	F	--0.26%
CALX	D	--0.27%
COHU	C	--0.27%
SLAB	D	--0.27%
CNI	D	--0.27%
CWH	B	--0.27%
YELP	C	--0.28%
VTLE	C	--0.28%
MUR	D	--0.28%
MRTN	C	--0.28%
USPH	B	--0.28%
SJW	D	--0.28%
PZZA	D	--0.28%
CENTA	C	--0.28%
HP	B	--0.29%
AMRK	F	--0.29%
AIN	C	--0.29%
URBN	C	--0.29%
CENT	C	--0.29%
SLB	C	--0.29%
TMO	F	--0.29%
SIGI	C	--0.29%
RPD	C	--0.29%
SNOW	C	--0.3%
RIO	D	--0.3%
AVA	A	--0.3%
EVTC	B	--0.3%
HELE	C	--0.3%
DIOD	D	--0.3%
OXM	D	--0.31%
ZD	C	--0.31%
IRTC	D	--0.32%
VLO	C	--0.32%
ALRM	C	--0.32%
TENB	C	--0.33%
NARI	C	--0.34%
AMR	C	--0.35%
UPS	C	--0.37%