IWR vs. EQAL ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to PowerShares Russell 1000 Equal Weight Portfolio (EQAL)

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

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$48.66

Average Daily Volume

21,418

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

Performance

Period	IWR	EQAL
30 Days	3.12%	3.58%
60 Days	4.86%	5.21%
90 Days	9.01%	9.48%
12 Months	28.51%	24.00%

764 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in EQAL	Overlap
A	C	0.35%	0.08%	0.08%
AA	C	0.07%	0.2%	0.07%
AAL	D	0.06%	0.05%	0.05%
AAON	B	0.06%	0.06%	0.06%
AAP	F	0.02%	0.03%	0.02%
ACGL	B	0.35%	0.07%	0.07%
ACHC	D	0.06%	0.09%	0.06%
ACI	F	0.07%	0.15%	0.07%
ACM	B	0.12%	0.05%	0.05%
ADC	C	0.06%	0.17%	0.06%
ADM	D	0.25%	0.16%	0.16%
AEE	B	0.2%	0.23%	0.2%
AES	C	0.12%	0.19%	0.12%
AFG	C	0.08%	0.06%	0.06%
AFL	A	0.52%	0.07%	0.07%
AFRM	D	0.09%	0.07%	0.07%
AGCO	D	0.05%	0.04%	0.04%
AGNC	B	0.07%	0.07%	0.07%
AGO	D	0.04%	0.06%	0.04%
AGR	C	0.02%	0.2%	0.02%
AIZ	B	0.09%	0.07%	0.07%
AJG	D	0.51%	0.06%	0.06%
AKAM	D	0.13%	0.07%	0.07%
AL	C	0.04%	0.04%	0.04%
ALB	D	0.09%	0.22%	0.09%
ALGM	D	0.02%	0.05%	0.02%
ALGN	D	0.16%	0.08%	0.08%
ALK	B	0.04%	0.05%	0.04%
ALL	C	0.43%	0.07%	0.07%
ALLE	B	0.11%	0.05%	0.05%
ALLY	F	0.08%	0.05%	0.05%
ALNY	C	0.3%	0.14%	0.14%
ALSN	B	0.07%	0.05%	0.05%
AM	B	0.04%	0.19%	0.04%
AMCR	B	0.13%	0.05%	0.05%
AME	C	0.34%	0.05%	0.05%
AMED	D	0.03%	0.08%	0.03%
AMG	C	0.05%	0.07%	0.05%
AMH	D	0.12%	0.15%	0.12%
AMKR	F	0.03%	0.05%	0.03%
AMP	B	0.4%	0.06%	0.06%
AN	C	0.04%	0.06%	0.04%
ANSS	D	0.24%	0.06%	0.06%
AOS	B	0.09%	0.05%	0.05%
APA	F	0.08%	0.18%	0.08%
APG	F	0.07%	0.04%	0.04%
APLS	F	0.03%	0.07%	0.03%
APP	C	0.28%	0.1%	0.1%
APPF	C	0.05%	0.06%	0.05%
APTV	D	0.16%	0.05%	0.05%
AR	C	0.07%	0.16%	0.07%
ARE	C	0.18%	0.15%	0.15%
ARES	B	0.25%	0.07%	0.07%
ARMK	B	0.08%	0.06%	0.06%
ARW	B	0.06%	0.06%	0.06%
ASH	F	0.04%	0.21%	0.04%
ATI	C	0.07%	0.05%	0.05%
ATO	B	0.18%	0.23%	0.18%
ATR	B	0.09%	0.05%	0.05%
AVB	C	0.28%	0.16%	0.16%
AVT	B	0.04%	0.06%	0.04%
AVTR	C	0.16%	0.1%	0.1%
AVY	C	0.15%	0.22%	0.15%
AWI	B	0.05%	0.05%	0.05%
AWK	C	0.25%	0.22%	0.22%
AXON	B	0.24%	0.06%	0.06%
AXS	B	0.05%	0.07%	0.05%
AXTA	B	0.07%	0.05%	0.05%
AYI	B	0.07%	0.05%	0.05%
AZEK	C	0.06%	0.04%	0.04%
AZTA	F	0.02%	0.07%	0.02%
BAH	B	0.17%	0.04%	0.04%
BALL	C	0.17%	0.05%	0.05%
BAX	C	0.17%	0.09%	0.09%
BBWI	D	0.06%	0.04%	0.04%
BBY	A	0.18%	0.05%	0.05%
BC	C	0.05%	0.05%	0.05%
BEN	F	0.05%	0.06%	0.05%
BERY	B	0.07%	0.05%	0.05%
BFAM	C	0.07%	0.07%	0.07%
BG	F	0.12%	0.15%	0.12%
BHF	F	0.02%	0.06%	0.02%
BIIB	F	0.25%	0.07%	0.07%
BILL	D	0.05%	0.05%	0.05%
BIO	C	0.05%	0.09%	0.05%
BIRK	F	0.02%	0.04%	0.02%
BJ	D	0.09%	0.05%	0.05%
BK	B	0.46%	0.07%	0.07%
BKR	C	0.31%	0.22%	0.22%
BLD	C	0.11%	0.05%	0.05%
BLDR	C	0.2%	0.06%	0.06%
BMRN	F	0.11%	0.07%	0.07%
BOKF	C	0.02%	0.07%	0.02%
BPOP	C	0.06%	0.07%	0.06%
BR	C	0.21%	0.06%	0.06%
BRBR	B	0.07%	0.16%	0.07%
BRKR	D	0.06%	0.08%	0.06%
BRO	C	0.21%	0.07%	0.07%
BROS	D	0.03%	0.05%	0.03%
BRX	C	0.07%	0.17%	0.07%
BSY	C	0.06%	0.06%	0.06%
BURL	C	0.15%	0.06%	0.06%
BWA	C	0.07%	0.05%	0.05%
BWXT	A	0.08%	0.05%	0.05%
BXP	C	0.11%	0.19%	0.11%
BYD	C	0.04%	0.06%	0.04%
CACC	F	0.02%	0.06%	0.02%
CACC	F	0.02%	0.04%	0.02%
CACI	B	0.09%	0.07%	0.07%
CAG	B	0.13%	0.18%	0.13%
CAH	C	0.23%	0.08%	0.08%
CAR	D	0.01%	0.04%	0.01%
CASY	D	0.12%	0.15%	0.12%
CBOE	C	0.19%	0.07%	0.07%
CBRE	B	0.32%	0.19%	0.19%
CBSH	D	0.06%	0.07%	0.06%
CC	D	0.02%	0.19%	0.02%
CCI	C	0.43%	0.17%	0.17%
CCK	B	0.09%	0.05%	0.05%
CCL	C	0.16%	0.06%	0.06%
CDW	D	0.26%	0.06%	0.06%
CE	D	0.12%	0.22%	0.12%
CELH	F	0.05%	0.09%	0.05%
CERT	F	0.01%	0.07%	0.01%
CF	B	0.13%	0.26%	0.13%
CFG	D	0.16%	0.07%	0.07%
CFLT	F	0.04%	0.05%	0.04%
CFR	C	0.06%	0.07%	0.06%
CG	C	0.08%	0.07%	0.07%
CGNX	F	0.06%	0.04%	0.04%
CHD	C	0.22%	0.14%	0.14%
CHDN	D	0.08%	0.05%	0.05%
CHE	C	0.07%	0.09%	0.07%
CHH	B	0.03%	0.06%	0.03%
CHK	C	0.09%	0.18%	0.09%
CHRD	F	0.07%	0.16%	0.07%
CHRW	B	0.1%	0.05%	0.05%
CHTR	D	0.27%	0.58%	0.27%
CIEN	B	0.07%	0.61%	0.07%
CINF	C	0.18%	0.07%	0.07%
CIVI	F	0.05%	0.16%	0.05%
CLF	F	0.05%	0.19%	0.05%
CLH	C	0.11%	0.21%	0.11%
CLVT	D	0.02%	0.08%	0.02%
CLX	C	0.17%	0.18%	0.17%
CMA	C	0.07%	0.08%	0.07%
CMI	B	0.36%	0.05%	0.05%
CMS	B	0.18%	0.23%	0.18%
CNA	D	0.01%	0.07%	0.01%
CNC	D	0.34%	0.09%	0.09%
CNH	C	0.08%	0.05%	0.05%
CNM	F	0.07%	0.04%	0.04%
CNP	C	0.15%	0.18%	0.15%
CNXC	F	0.03%	0.06%	0.03%
COHR	C	0.1%	0.07%	0.07%
COIN	F	0.29%	0.04%	0.04%
COKE	C	0.07%	0.2%	0.07%
COLB	B	0.05%	0.09%	0.05%
COLD	D	0.07%	0.16%	0.07%
COLM	C	0.02%	0.05%	0.02%
COTY	D	0.03%	0.05%	0.03%
CPAY	B	0.18%	0.05%	0.05%
CPB	C	0.08%	0.18%	0.08%
CPNG	B	0.24%	0.06%	0.06%
CPRI	D	0.04%	0.06%	0.04%
CPT	C	0.11%	0.16%	0.11%
CR	B	0.06%	0.05%	0.05%
CRI	D	0.02%	0.05%	0.02%
CRL	F	0.09%	0.08%	0.08%
CROX	C	0.07%	0.04%	0.04%
CRUS	D	0.06%	0.06%	0.06%
CSGP	D	0.27%	0.15%	0.15%
CSL	B	0.17%	0.05%	0.05%
CTLT	B	0.09%	0.09%	0.09%
CTRA	F	0.15%	0.17%	0.15%
CTSH	B	0.32%	0.07%	0.07%
CTVA	B	0.35%	0.17%	0.17%
CUBE	C	0.1%	0.17%	0.1%
CUZ	C	0.04%	0.18%	0.04%
CVNA	B	0.16%	0.08%	0.08%
CW	B	0.11%	0.05%	0.05%
CWEN	A	0.01%	0.22%	0.01%
CWEN	A	0.02%	0.22%	0.02%
CZR	C	0.08%	0.05%	0.05%
DAL	C	0.26%	0.05%	0.05%
DAR	F	0.05%	0.17%	0.05%
DAY	D	0.08%	0.07%	0.07%
DBX	C	0.05%	0.07%	0.05%
DCI	C	0.07%	0.04%	0.04%
DD	B	0.3%	0.05%	0.05%
DDOG	D	0.29%	0.06%	0.06%
DDS	D	0.01%	0.04%	0.01%
DECK	C	0.2%	0.05%	0.05%
DFS	C	0.31%	0.07%	0.07%
DG	F	0.16%	0.03%	0.03%
DGX	B	0.15%	0.09%	0.09%
DHI	C	0.49%	0.07%	0.07%
DINO	F	0.06%	0.17%	0.06%
DJT	F	0.01%	0.03%	0.01%
DKNG	C	0.15%	0.05%	0.05%
DKS	D	0.1%	0.05%	0.05%
DLB	D	0.04%	0.06%	0.04%
DLR	B	0.44%	0.15%	0.15%
DLTR	F	0.12%	0.03%	0.03%
DNB	D	0.03%	0.08%	0.03%
DOC	B	0.13%	0.16%	0.13%
DOCS	B	0.04%	0.12%	0.04%
DOCU	C	0.1%	0.07%	0.07%
DOV	B	0.22%	0.05%	0.05%
DOW	C	0.31%	0.04%	0.04%
DOX	C	0.09%	0.07%	0.07%
DPZ	D	0.12%	0.04%	0.04%
DRI	C	0.17%	0.06%	0.06%
DT	C	0.13%	0.08%	0.08%
DTE	A	0.22%	0.22%	0.22%
DTM	C	0.06%	0.22%	0.06%
DUOL	C	0.08%	0.07%	0.07%
DV	F	0.02%	0.05%	0.02%
DVA	B	0.07%	0.09%	0.07%
DVN	F	0.22%	0.17%	0.17%
DXC	D	0.03%	0.07%	0.03%
DXCM	F	0.24%	0.05%	0.05%
EA	D	0.32%	0.05%	0.05%
EBAY	B	0.27%	0.06%	0.06%
ED	B	0.31%	0.22%	0.22%
EEFT	F	0.04%	0.04%	0.04%
EFX	C	0.32%	0.06%	0.06%
EG	B	0.14%	0.06%	0.06%
EGP	C	0.08%	0.16%	0.08%
EHC	B	0.08%	0.09%	0.08%
EIX	B	0.28%	0.23%	0.23%
ELAN	D	0.06%	0.06%	0.06%
ELF	F	0.05%	0.03%	0.03%
ELS	D	0.11%	0.16%	0.11%
EME	B	0.17%	0.05%	0.05%
EMN	B	0.11%	0.25%	0.11%
ENOV	F	0.02%	0.08%	0.02%
ENPH	D	0.13%	0.21%	0.13%
ENTG	D	0.14%	0.05%	0.05%
EPAM	F	0.09%	0.07%	0.07%
EPR	C	0.03%	0.17%	0.03%
EQH	C	0.11%	0.06%	0.06%
EQR	C	0.25%	0.16%	0.16%
EQT	C	0.18%	0.18%	0.18%
ES	B	0.2%	0.23%	0.2%
ESAB	C	0.05%	0.05%	0.05%
ESI	C	0.05%	0.22%	0.05%
ESS	C	0.17%	0.16%	0.16%
ESTC	F	0.05%	0.04%	0.04%
ETR	A	0.24%	0.24%	0.24%
ETSY	D	0.05%	0.05%	0.05%
EVR	B	0.08%	0.08%	0.08%
EVRG	B	0.12%	0.23%	0.12%
EWBC	C	0.1%	0.07%	0.07%
EXAS	D	0.11%	0.13%	0.11%
EXC	B	0.35%	0.22%	0.22%
EXEL	C	0.07%	0.1%	0.07%
EXP	B	0.08%	0.06%	0.06%
EXPD	B	0.15%	0.04%	0.04%
EXPE	C	0.16%	0.06%	0.06%
EXR	C	0.32%	0.16%	0.16%
FAF	B	0.06%	0.07%	0.06%
FANG	F	0.28%	0.18%	0.18%
FAST	C	0.35%	0.25%	0.25%
FCN	C	0.07%	0.05%	0.05%
FCNCA	D	0.2%	0.07%	0.07%
FDS	C	0.15%	0.07%	0.07%
FE	B	0.22%	0.22%	0.22%
FFIV	B	0.11%	0.08%	0.08%
FHB	D	0.03%	0.07%	0.03%
FHN	D	0.08%	0.07%	0.07%
FICO	B	0.39%	0.06%	0.06%
FIS	C	0.41%	0.05%	0.05%
FITB	B	0.25%	0.08%	0.08%
FIVE	D	0.04%	0.04%	0.04%
FIVN	F	0.02%	0.04%	0.02%
FIX	B	0.12%	0.05%	0.05%
FLO	C	0.04%	0.16%	0.04%
FLS	C	0.05%	0.04%	0.04%
FMC	B	0.07%	0.27%	0.07%
FNB	D	0.04%	0.07%	0.04%
FND	C	0.11%	0.05%	0.05%
FNF	B	0.13%	0.07%	0.07%
FOUR	C	0.05%	0.05%	0.05%
FOXA	B	0.08%	0.06%	0.06%
FR	C	0.06%	0.17%	0.06%
FRPT	C	0.06%	0.17%	0.06%
FRT	C	0.08%	0.16%	0.08%
FSLR	C	0.22%	0.18%	0.18%
FTI	D	0.1%	0.21%	0.1%
FTRE	F	0.02%	0.08%	0.02%
FTV	C	0.23%	0.05%	0.05%
FYBR	C	0.08%	0.7%	0.08%
G	C	0.06%	0.05%	0.05%
GAP	F	0.04%	0.04%	0.04%
GDDY	C	0.2%	0.07%	0.07%
GEHC	B	0.34%	0.09%	0.09%
GFS	F	0.03%	0.05%	0.03%
GGG	C	0.12%	0.05%	0.05%
GIS	B	0.36%	0.17%	0.17%
GL	D	0.08%	0.08%	0.08%
GLOB	D	0.07%	0.07%	0.07%
GLPI	C	0.11%	0.16%	0.11%
GLW	B	0.29%	0.07%	0.07%
GME	D	0.07%	0.04%	0.04%
GMED	D	0.07%	0.08%	0.07%
GNRC	D	0.07%	0.05%	0.05%
GNTX	D	0.06%	0.04%	0.04%
GO	F	0.01%	0.12%	0.01%
GPC	D	0.16%	0.05%	0.05%
GPK	C	0.08%	0.05%	0.05%
GPN	D	0.24%	0.05%	0.05%
GRMN	D	0.23%	0.05%	0.05%
GTES	C	0.03%	0.05%	0.03%
GTLB	D	0.05%	0.07%	0.05%
GWRE	B	0.12%	0.08%	0.08%
GWW	B	0.39%	0.05%	0.05%
GXO	D	0.05%	0.05%	0.05%
H	B	0.06%	0.05%	0.05%
HAL	F	0.22%	0.17%	0.17%
HAS	B	0.08%	0.06%	0.06%
HAYW	C	0.02%	0.05%	0.02%
HBAN	B	0.18%	0.07%	0.07%
HCP	A	0.04%	0.06%	0.04%
HEI	C	0.14%	0.05%	0.05%
HEI	C	0.1%	0.05%	0.05%
HES	F	0.32%	0.18%	0.18%
HHH	C	0.02%	0.17%	0.02%
HIG	B	0.29%	0.07%	0.07%
HII	F	0.09%	0.05%	0.05%
HIW	C	0.03%	0.18%	0.03%
HLI	C	0.07%	0.07%	0.07%
HLT	B	0.47%	0.05%	0.05%
HOG	C	0.04%	0.06%	0.04%
HOLX	D	0.16%	0.09%	0.09%
HOOD	C	0.13%	0.06%	0.06%
HPE	C	0.21%	0.05%	0.05%
HPQ	C	0.29%	0.06%	0.06%
HRB	C	0.08%	0.06%	0.06%
HRL	F	0.08%	0.16%	0.08%
HSIC	C	0.08%	0.09%	0.08%
HST	D	0.11%	0.14%	0.11%
HSY	D	0.24%	0.17%	0.17%
HUBB	B	0.2%	0.05%	0.05%
HUBS	D	0.22%	0.06%	0.06%
HUM	F	0.32%	0.07%	0.07%
HUN	C	0.03%	0.22%	0.03%
HWM	B	0.34%	0.05%	0.05%
HXL	F	0.04%	0.22%	0.04%
IAC	C	0.03%	0.07%	0.03%
IBKR	B	0.12%	0.07%	0.07%
IDA	B	0.04%	0.22%	0.04%
IDXX	D	0.36%	0.08%	0.08%
IEX	C	0.14%	0.05%	0.05%
IFF	A	0.22%	0.24%	0.22%
ILMN	D	0.18%	0.1%	0.1%
INCY	C	0.09%	0.08%	0.08%
INFA	D	0.01%	0.05%	0.01%
INGR	B	0.08%	0.18%	0.08%
INSP	D	0.05%	0.1%	0.05%
INVH	D	0.19%	0.14%	0.14%
IONS	F	0.06%	0.08%	0.06%
IP	C	0.14%	0.24%	0.14%
IPG	C	0.1%	0.05%	0.05%
IPGP	D	0.02%	0.05%	0.02%
IQV	D	0.37%	0.09%	0.09%
IR	B	0.34%	0.05%	0.05%
IRDM	C	0.03%	0.55%	0.03%
IRM	C	0.29%	0.18%	0.18%
IT	C	0.33%	0.07%	0.07%
ITCI	D	0.07%	0.08%	0.07%
ITT	B	0.1%	0.05%	0.05%
IVZ	B	0.05%	0.07%	0.05%
J	A	0.16%	0.05%	0.05%
JAZZ	D	0.06%	0.08%	0.06%
JBHT	D	0.12%	0.05%	0.05%
JBL	C	0.11%	0.06%	0.06%
JEF	C	0.09%	0.08%	0.08%
JHG	B	0.04%	0.07%	0.04%
JKHY	B	0.11%	0.05%	0.05%
JLL	B	0.11%	0.17%	0.11%
JNPR	A	0.11%	0.54%	0.11%
JWN	C	0.02%	0.05%	0.02%
K	A	0.18%	0.22%	0.18%
KBR	D	0.07%	0.06%	0.06%
KD	F	0.05%	0.06%	0.05%
KEX	C	0.06%	0.05%	0.05%
KEY	C	0.14%	0.08%	0.08%
KEYS	B	0.23%	0.05%	0.05%
KIM	C	0.13%	0.17%	0.13%
KMI	C	0.36%	0.21%	0.21%
KMPR	D	0.03%	0.06%	0.03%
KMX	D	0.1%	0.05%	0.05%
KNSL	D	0.09%	0.07%	0.07%
KNX	C	0.07%	0.05%	0.05%
KR	B	0.32%	0.17%	0.17%
KRC	C	0.04%	0.18%	0.04%
KSS	D	0.02%	0.04%	0.02%
KVUE	B	0.38%	0.19%	0.19%
L	D	0.12%	0.06%	0.06%
LAD	B	0.07%	0.06%	0.06%
LAMR	B	0.1%	0.16%	0.1%
LBRDK	C	0.06%	0.59%	0.06%
LCID	C	0.03%	0.07%	0.03%
LDOS	A	0.18%	0.06%	0.06%
LEA	D	0.05%	0.05%	0.05%
LECO	D	0.09%	0.04%	0.04%
LEG	D	0.01%	0.06%	0.01%
LEN	B	0.02%	0.06%	0.02%
LEN	B	0.37%	0.06%	0.06%
LFUS	C	0.05%	0.04%	0.04%
LHX	C	0.38%	0.05%	0.05%
LII	C	0.17%	0.05%	0.05%
LITE	B	0.04%	0.63%	0.04%
LKQ	F	0.09%	0.05%	0.05%
LNC	C	0.04%	0.06%	0.04%
LNG	D	0.36%	0.22%	0.22%
LNT	A	0.13%	0.23%	0.13%
LNW	F	0.09%	0.06%	0.06%
LOPE	D	0.04%	0.05%	0.04%
LPLA	D	0.14%	0.05%	0.05%
LPX	B	0.06%	0.05%	0.05%
LSCC	D	0.06%	0.05%	0.05%
LSTR	D	0.05%	0.05%	0.05%
LUV	C	0.15%	0.05%	0.05%
LVS	C	0.13%	0.05%	0.05%
LW	D	0.08%	0.12%	0.08%
LYB	D	0.21%	0.23%	0.21%
LYFT	D	0.04%	0.05%	0.04%
LYV	A	0.14%	0.06%	0.06%
M	F	0.04%	0.04%	0.04%
MAA	C	0.16%	0.16%	0.16%
MAN	C	0.03%	0.05%	0.03%
MANH	B	0.15%	0.07%	0.07%
MAS	B	0.16%	0.05%	0.05%
MASI	C	0.04%	0.07%	0.04%
MAT	D	0.06%	0.06%	0.06%
MCHP	D	0.35%	0.05%	0.05%
MDB	D	0.17%	0.08%	0.08%
MDU	B	0.05%	0.05%	0.05%
MEDP	F	0.08%	0.07%	0.07%
MGM	D	0.07%	0.05%	0.05%
MHK	B	0.07%	0.06%	0.06%
MIDD	C	0.06%	0.05%	0.05%
MKC	C	0.18%	0.19%	0.18%
MKL	C	0.17%	0.06%	0.06%
MKSI	F	0.06%	0.04%	0.04%
MKTX	D	0.08%	0.08%	0.08%
MLM	D	0.29%	0.04%	0.04%
MOH	D	0.18%	0.09%	0.09%
MORN	C	0.07%	0.07%	0.07%
MOS	F	0.07%	0.22%	0.07%
MP	C	0.02%	0.24%	0.02%
MPW	C	0.03%	0.17%	0.03%
MPWR	B	0.36%	0.07%	0.07%
MRO	D	0.13%	0.19%	0.13%
MSA	D	0.06%	0.04%	0.04%
MSCI	C	0.36%	0.07%	0.07%
MSGS	B	0.03%	0.06%	0.03%
MSM	D	0.03%	0.05%	0.03%
MSTR	C	0.19%	0.06%	0.06%
MTB	C	0.26%	0.07%	0.07%
MTCH	C	0.08%	0.07%	0.07%
MTD	C	0.25%	0.04%	0.04%
MTDR	F	0.05%	0.18%	0.05%
MTG	B	0.06%	0.07%	0.06%
MTN	D	0.06%	0.05%	0.05%
MTSI	C	0.05%	0.06%	0.05%
MTZ	C	0.07%	0.05%	0.05%
MUSA	D	0.08%	0.05%	0.05%
NBIX	F	0.1%	0.07%	0.07%
NCLH	B	0.08%	0.06%	0.06%
NCNO	F	0.02%	0.06%	0.02%
NDAQ	C	0.26%	0.08%	0.08%
NDSN	C	0.12%	0.05%	0.05%
NET	D	0.21%	0.06%	0.06%
NEU	D	0.03%	0.24%	0.03%
NFE	F	0.01%	0.1%	0.01%
NFG	B	0.05%	0.22%	0.05%
NI	B	0.13%	0.23%	0.13%
NNN	B	0.07%	0.16%	0.07%
NOV	F	0.06%	0.18%	0.06%
NRG	B	0.16%	0.2%	0.16%
NSA	C	0.03%	0.16%	0.03%
NTAP	D	0.22%	0.06%	0.06%
NTNX	D	0.13%	0.07%	0.07%
NTRA	C	0.12%	0.09%	0.09%
NTRS	C	0.16%	0.07%	0.07%
NUE	D	0.3%	0.22%	0.22%
NVR	B	0.23%	0.06%	0.06%
NVST	D	0.03%	0.09%	0.03%
NVT	C	0.1%	0.04%	0.04%
NWL	C	0.03%	0.06%	0.03%
NWSA	D	0.09%	0.05%	0.05%
NXST	D	0.05%	0.05%	0.05%
NYT	B	0.07%	0.05%	0.05%
O	B	0.46%	0.16%	0.16%
OC	C	0.13%	0.04%	0.04%
ODFL	D	0.33%	0.05%	0.05%
OGE	B	0.07%	0.22%	0.07%
OGN	D	0.04%	0.08%	0.04%
OHI	C	0.09%	0.17%	0.09%
OKE	C	0.47%	0.23%	0.23%
OKTA	F	0.1%	0.05%	0.05%
OLED	D	0.08%	0.06%	0.06%
OLLI	C	0.05%	0.05%	0.05%
OLN	D	0.04%	0.21%	0.04%
OMC	B	0.17%	0.06%	0.06%
OMF	D	0.05%	0.06%	0.05%
ON	D	0.26%	0.07%	0.07%
ONTO	C	0.08%	0.06%	0.06%
ORI	B	0.08%	0.07%	0.07%
OSK	F	0.06%	0.05%	0.05%
OTIS	B	0.33%	0.04%	0.04%
OVV	F	0.09%	0.17%	0.09%
OWL	B	0.08%	0.06%	0.06%
OZK	F	0.04%	0.07%	0.04%
PAG	D	0.03%	0.05%	0.03%
PARA	D	0.05%	0.05%	0.05%
PATH	D	0.05%	0.07%	0.05%
PAYC	D	0.07%	0.07%	0.07%
PAYX	C	0.37%	0.05%	0.05%
PB	D	0.06%	0.08%	0.06%
PCG	C	0.37%	0.22%	0.22%
PCOR	D	0.05%	0.06%	0.05%
PCTY	D	0.06%	0.05%	0.05%
PEG	B	0.37%	0.22%	0.22%
PEGA	B	0.03%	0.07%	0.03%
PEN	D	0.06%	0.09%	0.06%
PENN	D	0.03%	0.05%	0.03%
PFG	B	0.17%	0.07%	0.07%
PFGC	B	0.1%	0.18%	0.1%
PHM	B	0.25%	0.07%	0.07%
PII	D	0.04%	0.06%	0.04%
PINC	D	0.02%	0.09%	0.02%
PINS	D	0.16%	0.04%	0.04%
PK	D	0.03%	0.15%	0.03%
PKG	B	0.16%	0.05%	0.05%
PLNT	C	0.06%	0.06%	0.06%
PLTK	C	0.0%	0.05%	0.0%
PLTR	C	0.64%	0.09%	0.09%
PNFP	C	0.07%	0.08%	0.07%
PNR	B	0.13%	0.05%	0.05%
PNW	C	0.09%	0.23%	0.09%
PODD	C	0.14%	0.09%	0.09%
POOL	C	0.12%	0.06%	0.06%
POST	B	0.05%	0.17%	0.05%
PPC	D	0.02%	0.19%	0.02%
PPG	C	0.25%	0.04%	0.04%
PPL	A	0.21%	0.22%	0.21%
PR	F	0.08%	0.18%	0.08%
PRGO	F	0.03%	0.08%	0.03%
PRI	B	0.08%	0.06%	0.06%
PRU	C	0.37%	0.06%	0.06%
PSN	B	0.04%	0.08%	0.04%
PSTG	F	0.13%	0.05%	0.05%
PTC	C	0.18%	0.06%	0.06%
PVH	D	0.05%	0.04%	0.04%
PWR	B	0.36%	0.05%	0.05%
PYCR	D	0.01%	0.07%	0.01%
QRVO	F	0.08%	0.06%	0.06%
QS	F	0.02%	0.06%	0.02%
R	C	0.05%	0.05%	0.05%
RARE	C	0.05%	0.12%	0.05%
RBC	B	0.07%	0.25%	0.07%
RBLX	C	0.2%	0.06%	0.06%
RCL	B	0.35%	0.06%	0.06%
RCM	C	0.02%	0.09%	0.02%
REG	C	0.11%	0.16%	0.11%
REXR	C	0.09%	0.16%	0.09%
REYN	C	0.02%	0.17%	0.02%
RF	B	0.18%	0.07%	0.07%
RGA	C	0.12%	0.06%	0.06%
RGEN	F	0.07%	0.09%	0.07%
RGLD	C	0.08%	0.26%	0.08%
RH	C	0.04%	0.08%	0.04%
RHI	D	0.06%	0.05%	0.05%
RIVN	F	0.08%	0.06%	0.06%
RJF	C	0.2%	0.07%	0.07%
RKT	C	0.02%	0.08%	0.02%
RL	B	0.06%	0.05%	0.05%
RLI	B	0.06%	0.07%	0.06%
RMD	C	0.31%	0.09%	0.09%
RNG	F	0.02%	0.07%	0.02%
RNR	B	0.12%	0.07%	0.07%
ROK	D	0.26%	0.05%	0.05%
ROKU	D	0.08%	0.71%	0.08%
ROL	C	0.12%	0.05%	0.05%
ROST	C	0.44%	0.05%	0.05%
RPM	B	0.13%	0.05%	0.05%
RPRX	C	0.09%	0.08%	0.08%
RRC	D	0.06%	0.17%	0.06%
RRX	C	0.1%	0.05%	0.05%
RS	D	0.14%	0.23%	0.14%
RYAN	C	0.06%	0.07%	0.06%
RYN	C	0.04%	0.15%	0.04%
S	D	0.06%	0.08%	0.06%
SAIA	D	0.1%	0.04%	0.04%
SAIC	C	0.06%	0.07%	0.06%
SAM	D	0.02%	0.15%	0.02%
SBAC	C	0.22%	0.17%	0.17%
SCI	C	0.1%	0.06%	0.06%
SEB	D	0.01%	0.17%	0.01%
SEE	C	0.04%	0.04%	0.04%
SEG	F	0.0%	0.01%	0.0%
SEIC	B	0.06%	0.06%	0.06%
SF	B	0.08%	0.07%	0.07%
SHC	C	0.02%	0.11%	0.02%
SITE	D	0.06%	0.06%	0.06%
SJM	C	0.11%	0.17%	0.11%
SKX	C	0.07%	0.04%	0.04%
SLGN	B	0.04%	0.05%	0.04%
SLM	C	0.04%	0.07%	0.04%
SMAR	A	0.06%	0.07%	0.06%
SMCI	F	0.19%	0.03%	0.03%
SMG	B	0.03%	0.26%	0.03%
SN	B	0.06%	0.07%	0.06%
SNA	B	0.13%	0.05%	0.05%
SNDR	B	0.01%	0.06%	0.01%
SNV	D	0.06%	0.07%	0.06%
SNX	C	0.08%	0.05%	0.05%
SOFI	D	0.07%	0.08%	0.07%
SOLV	D	0.08%	0.1%	0.08%
SON	D	0.05%	0.04%	0.04%
SPB	B	0.02%	0.16%	0.02%
SPG	B	0.46%	0.16%	0.16%
SPR	D	0.03%	0.05%	0.03%
SQ	D	0.32%	0.05%	0.05%
SRCL	B	0.05%	0.21%	0.05%
SRPT	F	0.1%	0.08%	0.08%
SSD	C	0.07%	0.05%	0.05%
SSNC	C	0.14%	0.07%	0.07%
ST	D	0.05%	0.04%	0.04%
STAG	D	0.06%	0.16%	0.06%
STE	B	0.2%	0.09%	0.09%
STLD	C	0.15%	0.22%	0.15%
STT	B	0.23%	0.08%	0.08%
STWD	B	0.06%	0.07%	0.06%
SUI	C	0.15%	0.17%	0.15%
SWK	B	0.14%	0.06%	0.06%
SWKS	F	0.13%	0.06%	0.06%
SWN	C	0.06%	0.19%	0.06%
SYF	C	0.17%	0.05%	0.05%
SYY	C	0.32%	0.16%	0.16%
TAP	D	0.08%	0.17%	0.08%
TDC	D	0.02%	0.05%	0.02%
TDY	B	0.17%	0.05%	0.05%
TECH	C	0.1%	0.08%	0.08%
TER	C	0.17%	0.05%	0.05%
TFSL	D	0.01%	0.07%	0.01%
TFX	B	0.1%	0.09%	0.09%
THC	C	0.13%	0.1%	0.1%
THG	C	0.04%	0.07%	0.04%
THO	C	0.05%	0.06%	0.05%
TKO	A	0.08%	0.06%	0.06%
TKR	C	0.05%	0.24%	0.05%
TNL	C	0.03%	0.05%	0.03%
TOL	A	0.13%	0.07%	0.07%
TOST	C	0.11%	0.06%	0.06%
TPG	C	0.04%	0.09%	0.04%
TPL	C	0.15%	0.23%	0.15%
TPR	A	0.08%	0.05%	0.05%
TPX	B	0.08%	0.06%	0.06%
TREX	F	0.06%	0.04%	0.04%
TRGP	C	0.29%	0.24%	0.24%
TRIP	F	0.01%	0.04%	0.01%
TRMB	C	0.12%	0.05%	0.05%
TROW	C	0.2%	0.06%	0.06%
TRU	B	0.17%	0.06%	0.06%
TSCO	B	0.25%	0.05%	0.05%
TSN	D	0.15%	0.17%	0.15%
TTC	F	0.08%	0.04%	0.04%
TTD	B	0.42%	0.06%	0.06%
TTEK	C	0.11%	0.05%	0.05%
TTWO	D	0.22%	0.05%	0.05%
TW	B	0.12%	0.07%	0.07%
TWLO	C	0.09%	0.07%	0.07%
TXG	D	0.02%	0.09%	0.02%
TXRH	B	0.1%	0.05%	0.05%
TXT	D	0.14%	0.05%	0.05%
TYL	C	0.21%	0.07%	0.07%
U	D	0.05%	0.08%	0.05%
UAA	C	0.01%	0.06%	0.01%
UAL	B	0.15%	0.05%	0.05%
UDR	C	0.13%	0.16%	0.13%
UGI	B	0.04%	0.21%	0.04%
UHAL	B	0.06%	0.06%	0.06%
UHAL	B	0.0%	0.06%	0.0%
UHS	C	0.12%	0.1%	0.1%
UI	B	0.01%	0.75%	0.01%
ULTA	D	0.17%	0.05%	0.05%
UNM	B	0.07%	0.07%	0.07%
URI	B	0.45%	0.06%	0.06%
USFD	C	0.12%	0.18%	0.12%
UTHR	B	0.13%	0.09%	0.09%
UWMC	D	0.01%	0.07%	0.01%
VAC	D	0.02%	0.04%	0.02%
VEEV	C	0.27%	0.09%	0.09%
VFC	B	0.06%	0.07%	0.06%
VICI	C	0.3%	0.16%	0.16%
VIRT	C	0.02%	0.08%	0.02%
VKTX	D	0.06%	0.11%	0.06%
VLTO	B	0.23%	0.05%	0.05%
VMC	C	0.29%	0.05%	0.05%
VMI	C	0.05%	0.05%	0.05%
VNO	B	0.06%	0.21%	0.06%
VNT	F	0.04%	0.04%	0.04%
VOYA	B	0.07%	0.06%	0.06%
VRSK	D	0.32%	0.04%	0.04%
VRSN	C	0.13%	0.06%	0.06%
VRT	C	0.29%	0.06%	0.06%
VST	B	0.32%	0.2%	0.2%
VSTS	D	0.02%	0.06%	0.02%
VTR	C	0.22%	0.17%	0.17%
VTRS	D	0.12%	0.09%	0.09%
VVV	D	0.05%	0.23%	0.05%
W	C	0.04%	0.05%	0.04%
WAB	B	0.27%	0.05%	0.05%
WAL	B	0.08%	0.09%	0.08%
WAT	B	0.17%	0.05%	0.05%
WBA	F	0.05%	0.09%	0.05%
WBD	D	0.17%	0.06%	0.06%
WBS	C	0.07%	0.07%	0.07%
WCC	C	0.06%	0.05%	0.05%
WDC	C	0.19%	0.05%	0.05%
WEC	B	0.26%	0.23%	0.23%
WEN	C	0.03%	0.05%	0.03%
WEX	C	0.07%	0.05%	0.05%
WFRD	F	0.06%	0.16%	0.06%
WH	B	0.05%	0.05%	0.05%
WHR	C	0.05%	0.06%	0.05%
WING	C	0.11%	0.05%	0.05%
WLK	C	0.04%	0.22%	0.04%
WMB	C	0.47%	0.21%	0.21%
WMS	D	0.09%	0.04%	0.04%
WOLF	F	0.01%	0.02%	0.01%
WPC	C	0.12%	0.16%	0.12%
WRB	D	0.14%	0.06%	0.06%
WSC	D	0.06%	0.04%	0.04%
WSM	C	0.16%	0.05%	0.05%
WSO	C	0.15%	0.05%	0.05%
WST	D	0.19%	0.07%	0.07%
WTFC	C	0.06%	0.07%	0.06%
WTM	F	0.04%	0.06%	0.04%
WTRG	D	0.08%	0.2%	0.08%
WTW	B	0.25%	0.07%	0.07%
WU	C	0.03%	0.04%	0.03%
WWD	C	0.09%	0.04%	0.04%
WY	C	0.21%	0.16%	0.16%
WYNN	C	0.07%	0.04%	0.04%
X	F	0.07%	0.24%	0.07%
XEL	B	0.31%	0.23%	0.23%
XPO	D	0.11%	0.05%	0.05%
XRAY	D	0.05%	0.08%	0.05%
XYL	C	0.28%	0.04%	0.04%
YETI	D	0.03%	0.05%	0.03%
YUM	B	0.31%	0.05%	0.05%
Z	C	0.09%	0.19%	0.09%
ZBH	F	0.19%	0.08%	0.08%
ZBRA	B	0.16%	0.05%	0.05%
ZI	D	0.03%	0.05%	0.03%
ZION	D	0.06%	0.07%	0.06%
ZM	C	0.15%	0.07%	0.07%
ZS	F	0.14%	0.06%	0.06%

IWR Overweight 39 Positions Relative to EQAL

Symbol	Grade	Weight
FERG	D	0.34%
COR	F	0.33%
SW	B	0.21%
COO	C	0.19%
LH	D	0.16%
FWONK	C	0.14%
RVTY	B	0.13%
GEN	A	0.12%
NLY	B	0.09%
FBIN	B	0.09%
CAVA	C	0.08%
HR	B	0.06%
CART	C	0.06%
LAZ	B	0.05%
RITM	D	0.05%
SIRI	C	0.05%
AZPN	B	0.05%
VNOM	D	0.04%
FOX	B	0.04%
CCCS	D	0.04%
LINE	F	0.04%
ROIV	D	0.04%
CXT	F	0.03%
ZG	C	0.03%
NWS	D	0.03%
LBTYK	B	0.03%
LBTYA	B	0.03%
LLYVK	B	0.02%
ADT	D	0.02%
QDEL	D	0.02%
LOAR	C	0.01%
LLYVA	B	0.01%
AS	C	0.01%
LBRDA	C	0.01%
ALAB	C	0.01%
UA	C	0.01%
FWONA	C	0.01%
PARAA	D	0.0%
GRAL	F	0.0%

IWR Underweight 202 Positions Relative to EQAL

Symbol	Grade	Weight
T	B	-0.58%
MSI	B	-0.57%
TMUS	B	-0.56%
ANET	C	-0.55%
VZ	A	-0.54%
CSCO	B	-0.54%
CMCSA	C	-0.53%
NEM	C	-0.29%
ECL	B	-0.24%
APD	B	-0.24%
LIN	B	-0.24%
DUK	B	-0.23%
AEP	C	-0.23%
SRE	B	-0.22%
SCCO	C	-0.22%
SO	B	-0.22%
NEE	B	-0.22%
D	C	-0.22%
RSG	D	-0.21%
FCX	C	-0.21%
EOG	D	-0.2%
XOM	D	-0.2%
PSX	F	-0.19%
MPC	F	-0.19%
WM	D	-0.19%
COP	F	-0.19%
MDLZ	C	-0.18%
KO	B	-0.18%
VLO	F	-0.18%
CVX	F	-0.18%
CEG	C	-0.18%
SLB	F	-0.18%
PM	C	-0.18%
KHC	C	-0.17%
AMT	C	-0.17%
WELL	C	-0.17%
KDP	B	-0.17%
PSA	C	-0.17%
MO	C	-0.17%
PG	C	-0.16%
EQIX	B	-0.16%
OXY	F	-0.16%
PEP	D	-0.16%
CL	C	-0.16%
PLD	C	-0.16%
MNST	D	-0.16%
STZ	C	-0.15%
CVS	D	-0.15%
KMB	C	-0.15%
MCK	F	-0.13%
GILD	B	-0.1%
REGN	D	-0.09%
TMO	B	-0.09%
DHR	B	-0.09%
MDT	B	-0.09%
JNJ	C	-0.09%
ABBV	B	-0.09%
ISRG	C	-0.09%
ZTS	B	-0.09%
UNH	C	-0.09%
BMY	C	-0.09%
HCA	B	-0.09%
NOW	C	-0.08%
BDX	D	-0.08%
BX	C	-0.08%
ELV	D	-0.08%
FTNT	B	-0.08%
VRTX	D	-0.08%
LLY	D	-0.08%
CI	C	-0.08%
SYK	C	-0.08%
PFE	D	-0.08%
ABT	C	-0.08%
AMGN	D	-0.08%
BSX	B	-0.08%
QGEN	C	-0.08%
CME	B	-0.07%
AAPL	C	-0.07%
CB	B	-0.07%
CRM	C	-0.07%
GS	B	-0.07%
XP	D	-0.07%
ADSK	B	-0.07%
TSLA	C	-0.07%
META	B	-0.07%
BRK.A	C	-0.07%
TRV	C	-0.07%
MET	B	-0.07%
WDAY	D	-0.07%
MCO	C	-0.07%
ORCL	B	-0.07%
MRK	F	-0.07%
TFC	D	-0.07%
AON	B	-0.07%
USB	C	-0.07%
SPGI	C	-0.07%
BLK	B	-0.07%
KKR	B	-0.07%
ICE	C	-0.07%
PGR	C	-0.07%
PNC	C	-0.07%
IBM	B	-0.07%
NU	C	-0.07%
DASH	B	-0.07%
HD	B	-0.06%
GOOGL	D	-0.06%
CARR	B	-0.06%
SHW	B	-0.06%
KLAC	D	-0.06%
CRBG	C	-0.06%
LOW	B	-0.06%
APH	C	-0.06%
WFC	D	-0.06%
PYPL	B	-0.06%
SPOT	C	-0.06%
WMT	B	-0.06%
MCD	B	-0.06%
MMM	B	-0.06%
AMD	C	-0.06%
AVGO	C	-0.06%
PH	B	-0.06%
MSFT	C	-0.06%
EW	F	-0.06%
AIG	D	-0.06%
ROP	C	-0.06%
SBUX	C	-0.06%
GEV	B	-0.06%
ADI	C	-0.06%
ADBE	F	-0.06%
MRVL	D	-0.06%
BAC	D	-0.06%
TEAM	D	-0.06%
APO	B	-0.06%
MS	B	-0.06%
C	C	-0.06%
MMC	C	-0.06%
INTU	D	-0.06%
JPM	D	-0.06%
PANW	D	-0.06%
TXN	B	-0.06%
CMG	D	-0.05%
ADTN	C	-0.05%
V	C	-0.05%
NKE	D	-0.05%
F	F	-0.05%
DIS	D	-0.05%
CSX	C	-0.05%
TDG	B	-0.05%
ITW	B	-0.05%
DELL	C	-0.05%
DE	A	-0.05%
JCI	B	-0.05%
ACN	C	-0.05%
QCOM	D	-0.05%
UNP	D	-0.05%
COF	B	-0.05%
MA	B	-0.05%
AMAT	D	-0.05%
NSC	C	-0.05%
GE	C	-0.05%
ADP	C	-0.05%
RTX	B	-0.05%
TT	B	-0.05%
CAT	B	-0.05%
MAR	B	-0.05%
SNPS	F	-0.05%
CTAS	C	-0.05%
GM	C	-0.05%
CPRT	D	-0.05%
BKNG	B	-0.05%
AMZN	C	-0.05%
ORLY	B	-0.05%
AZO	B	-0.05%
AXP	B	-0.05%
NFLX	B	-0.05%
COST	C	-0.05%
FDX	D	-0.05%
CDNS	D	-0.05%
NOC	B	-0.05%
UBER	C	-0.05%
TJX	C	-0.05%
LMT	A	-0.05%
SCHW	D	-0.05%
SNOW	F	-0.05%
NVDA	C	-0.05%
RBA	D	-0.05%
TGT	C	-0.05%
MU	D	-0.04%
BA	F	-0.04%
EL	D	-0.04%
MRNA	F	-0.04%
INTC	D	-0.04%
HON	C	-0.04%
UPS	D	-0.04%
EMR	D	-0.04%
LULU	D	-0.04%
ABNB	D	-0.04%
CRWD	D	-0.04%
PCAR	D	-0.04%
LRCX	D	-0.04%
ETN	C	-0.04%
GD	C	-0.04%