IWR vs. GGUS ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS)

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

$91.58

Average Daily Volume

1,434,195

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

GGUS

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

GGUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization growth segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$53.05

Average Daily Volume

26,734

Number of Holdings ^*

376

* may have additional holdings in another (foreign) market

Performance

Period	IWR	GGUS
30 Days	1.69%	1.62%
60 Days	4.52%	3.63%
90 Days	8.90%	5.99%
12 Months	30.71%

271 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in GGUS	Overlap
	AAL	B	0.07%	0.0%	0.0%
	AAON	B	0.08%	0.04%	0.04%
	AJG	A	0.52%	0.02%	0.02%
	ALGN	C	0.13%	0.04%	0.04%
	ALL	A	0.42%	0.04%	0.04%
	ALLY	C	0.08%	0.01%	0.01%
	ALNY	D	0.28%	0.13%	0.13%
	AM	A	0.04%	0.01%	0.01%
	AMP	A	0.45%	0.22%	0.22%
	APLS	F	0.03%	0.01%	0.01%
	APP	A	0.62%	0.33%	0.33%
	APPF	C	0.04%	0.02%	0.02%
	ARES	B	0.25%	0.13%	0.13%
	AVY	D	0.13%	0.03%	0.03%
	AWI	B	0.05%	0.01%	0.01%
	AXON	A	0.35%	0.19%	0.19%
	AZEK	B	0.06%	0.02%	0.02%
	BAH	D	0.19%	0.1%	0.1%
	BFAM	F	0.05%	0.0%	0.0%
	BILL	A	0.06%	0.01%	0.01%
	BLD	F	0.09%	0.0%	0.0%
	BLDR	D	0.17%	0.01%	0.01%
	BPOP	D	0.05%	0.0%	0.0%
	BR	A	0.21%	0.1%	0.1%
	BRKR	F	0.05%	0.02%	0.02%
	BRO	B	0.22%	0.05%	0.05%
	BROS	A	0.04%	0.01%	0.01%
	BSY	D	0.05%	0.03%	0.03%
	BURL	A	0.14%	0.07%	0.07%
	BWXT	A	0.09%	0.01%	0.01%
	CACC	D	0.02%	0.01%	0.01%
	CAH	A	0.24%	0.08%	0.08%
	CAR	C	0.01%	0.0%	0.0%
	CASY	B	0.12%	0.01%	0.01%
	CDW	F	0.22%	0.06%	0.06%
	CE	F	0.08%	0.01%	0.01%
	CELH	F	0.04%	0.02%	0.02%
	CFLT	B	0.05%	0.03%	0.03%
	CHDN	C	0.08%	0.04%	0.04%
	CHE	D	0.07%	0.0%	0.0%
	CHH	A	0.03%	0.01%	0.01%
	CIVI	C	0.04%	0.01%	0.01%
	CLF	F	0.05%	0.01%	0.01%
	CLX	A	0.17%	0.09%	0.09%
	CNM	C	0.07%	0.02%	0.02%
	COIN	A	0.43%	0.19%	0.19%
	COR	B	0.33%	0.18%	0.18%
	CPAY	A	0.2%	0.11%	0.11%
	CPNG	D	0.23%	0.12%	0.12%
	CROX	F	0.05%	0.0%	0.0%
	CSL	C	0.17%	0.01%	0.01%
	CVNA	A	0.21%	0.04%	0.04%
	DAY	B	0.1%	0.0%	0.0%
	DBX	C	0.05%	0.01%	0.01%
	DDOG	B	0.3%	0.16%	0.16%
	DECK	A	0.22%	0.11%	0.11%
	DJT	C	0.01%	0.01%	0.01%
	DKNG	B	0.15%	0.08%	0.08%
	DKS	D	0.09%	0.0%	0.0%
	DOCS	B	0.06%	0.0%	0.0%
	DOCU	B	0.13%	0.07%	0.07%
	DPZ	C	0.13%	0.02%	0.02%
	DRI	B	0.16%	0.05%	0.05%
	DT	C	0.13%	0.07%	0.07%
	DUOL	B	0.1%	0.05%	0.05%
	DV	C	0.02%	0.01%	0.01%
	DVA	C	0.06%	0.03%	0.03%
	DXCM	C	0.23%	0.12%	0.12%
	EFX	F	0.27%	0.03%	0.03%
	EG	D	0.13%	0.01%	0.01%
	ELF	C	0.05%	0.03%	0.03%
	EME	B	0.19%	0.04%	0.04%
	ENPH	F	0.07%	0.04%	0.04%
	ENTG	F	0.13%	0.07%	0.07%
	EPAM	B	0.1%	0.0%	0.0%
	EQH	B	0.12%	0.06%	0.06%
	EQT	A	0.2%	0.01%	0.01%
	ESTC	C	0.06%	0.03%	0.03%
	ETSY	D	0.05%	0.02%	0.02%
	EXAS	F	0.08%	0.02%	0.02%
	EXEL	B	0.08%	0.04%	0.04%
	EXP	B	0.08%	0.04%	0.04%
	EXPD	D	0.14%	0.01%	0.01%
	EXPE	A	0.19%	0.1%	0.1%
	FAST	B	0.39%	0.17%	0.17%
	FDS	A	0.15%	0.03%	0.03%
	FICO	A	0.45%	0.2%	0.2%
	FIVE	F	0.04%	0.02%	0.02%
	FIVN	C	0.02%	0.01%	0.01%
	FIX	A	0.13%	0.07%	0.07%
	FND	F	0.09%	0.02%	0.02%
	FOUR	A	0.05%	0.03%	0.03%
	FRPT	B	0.06%	0.01%	0.01%
	GDDY	A	0.2%	0.11%	0.11%
	GEHC	D	0.31%	0.01%	0.01%
	GLOB	C	0.08%	0.03%	0.03%
	GNRC	B	0.09%	0.02%	0.02%
	GTLB	C	0.06%	0.03%	0.03%
	GWRE	A	0.13%	0.03%	0.03%
	GWW	B	0.42%	0.2%	0.2%
	H	B	0.06%	0.0%	0.0%
	HAS	D	0.07%	0.03%	0.03%
	HCP	B	0.04%	0.02%	0.02%
	HEI	A	0.09%	0.05%	0.05%
	HEI	A	0.09%	0.07%	0.07%
	HEI	A	0.13%	0.05%	0.05%
	HEI	A	0.13%	0.07%	0.07%
	HES	B	0.32%	0.11%	0.11%
	HLI	B	0.08%	0.0%	0.0%
	HLT	A	0.49%	0.13%	0.13%
	HPQ	A	0.29%	0.04%	0.04%
	HRB	D	0.07%	0.01%	0.01%
	HSY	F	0.21%	0.02%	0.02%
	HUBS	B	0.26%	0.14%	0.14%
	HWM	A	0.37%	0.01%	0.01%
	IDXX	F	0.29%	0.15%	0.15%
	INCY	B	0.11%	0.0%	0.0%
	INSP	F	0.05%	0.02%	0.02%
	IONS	F	0.05%	0.02%	0.02%
	IQV	F	0.32%	0.02%	0.02%
	IRDM	D	0.03%	0.0%	0.0%
	IRM	D	0.28%	0.09%	0.09%
	IT	B	0.33%	0.18%	0.18%
	ITCI	B	0.08%	0.04%	0.04%
	JBL	C	0.12%	0.01%	0.01%
	JEF	A	0.1%	0.02%	0.02%
	JLL	C	0.1%	0.02%	0.02%
	KBR	D	0.08%	0.0%	0.0%
	KMX	B	0.1%	0.0%	0.0%
	KNSL	B	0.08%	0.04%	0.04%
	LAMR	D	0.09%	0.01%	0.01%
	LBRDK	C	0.09%	0.01%	0.01%
	LECO	C	0.1%	0.01%	0.01%
	LII	A	0.16%	0.09%	0.09%
	LNG	A	0.38%	0.11%	0.11%
	LNW	F	0.08%	0.04%	0.04%
	LOPE	B	0.04%	0.01%	0.01%
	LPLA	A	0.19%	0.1%	0.1%
	LPX	A	0.06%	0.02%	0.02%
	LSCC	D	0.06%	0.03%	0.03%
	LVS	B	0.14%	0.08%	0.08%
	LW	C	0.09%	0.02%	0.02%
	LYFT	B	0.05%	0.02%	0.02%
	LYV	A	0.16%	0.08%	0.08%
	MANH	D	0.14%	0.08%	0.08%
	MASI	B	0.06%	0.02%	0.02%
	MDB	C	0.17%	0.09%	0.09%
	MEDP	D	0.07%	0.04%	0.04%
	MKL	A	0.17%	0.02%	0.02%
	MLM	B	0.31%	0.01%	0.01%
	MOH	F	0.15%	0.05%	0.05%
	MORN	B	0.08%	0.04%	0.04%
	MPWR	F	0.29%	0.15%	0.15%
	MSCI	A	0.37%	0.12%	0.12%
	MSTR	A	0.34%	0.01%	0.01%
	MTN	C	0.05%	0.02%	0.02%
	MUSA	A	0.08%	0.04%	0.04%
	NBIX	D	0.1%	0.05%	0.05%
	NCLH	B	0.09%	0.05%	0.05%
	NCNO	B	0.03%	0.01%	0.01%
	NET	B	0.22%	0.12%	0.12%
	NFE	F	0.0%	0.0%	0.0%
	NRG	B	0.16%	0.04%	0.04%
	NTAP	D	0.21%	0.05%	0.05%
	NTNX	B	0.14%	0.02%	0.02%
	NTRA	B	0.12%	0.07%	0.07%
	NXST	D	0.04%	0.01%	0.01%
	ODFL	B	0.36%	0.19%	0.19%
	OKTA	D	0.1%	0.02%	0.02%
	OLED	F	0.07%	0.02%	0.02%
	ONTO	F	0.07%	0.01%	0.01%
	OWL	A	0.09%	0.05%	0.05%
	PATH	D	0.05%	0.02%	0.02%
	PAYC	B	0.09%	0.03%	0.03%
	PAYX	B	0.39%	0.07%	0.07%
	PCOR	C	0.06%	0.03%	0.03%
	PCTY	B	0.08%	0.04%	0.04%
	PEGA	B	0.03%	0.01%	0.01%
	PEN	B	0.07%	0.03%	0.03%
	PFGC	B	0.11%	0.01%	0.01%
	PINS	F	0.14%	0.08%	0.08%
	PLNT	A	0.07%	0.02%	0.02%
	PLTR	A	0.95%	0.5%	0.5%
	PODD	A	0.15%	0.08%	0.08%
	POOL	D	0.11%	0.06%	0.06%
	PR	B	0.08%	0.01%	0.01%
	PSTG	F	0.13%	0.06%	0.06%
	PTC	B	0.19%	0.06%	0.06%
	PWR	A	0.39%	0.06%	0.06%
	PYCR	C	0.01%	0.0%	0.0%
	RARE	F	0.04%	0.02%	0.02%
	RBLX	B	0.22%	0.12%	0.12%
	RCL	A	0.43%	0.08%	0.08%
	RGEN	F	0.06%	0.0%	0.0%
	RH	C	0.04%	0.0%	0.0%
	RLI	A	0.06%	0.0%	0.0%
	RMD	C	0.3%	0.04%	0.04%
	RNG	C	0.03%	0.01%	0.01%
	ROK	B	0.25%	0.01%	0.01%
	ROKU	C	0.08%	0.01%	0.01%
	ROL	A	0.11%	0.06%	0.06%
	ROST	D	0.38%	0.05%	0.05%
	RPM	A	0.14%	0.02%	0.02%
	RYAN	B	0.06%	0.03%	0.03%
	S	C	0.06%	0.0%	0.0%
	SAIA	C	0.12%	0.04%	0.04%
	SAM	C	0.02%	0.0%	0.0%
	SEE	D	0.04%	0.0%	0.0%
	SITE	D	0.05%	0.01%	0.01%
	SKX	F	0.07%	0.0%	0.0%
	SMAR	A	0.06%	0.03%	0.03%
	SMCI	F	0.1%	0.05%	0.05%
	SN	D	0.06%	0.01%	0.01%
	SOFI	A	0.11%	0.01%	0.01%
	SPG	A	0.47%	0.06%	0.06%
	SPR	D	0.03%	0.0%	0.0%
	SQ	A	0.34%	0.08%	0.08%
	SRPT	F	0.09%	0.05%	0.05%
	SSD	D	0.07%	0.0%	0.0%
	SYY	B	0.31%	0.1%	0.1%
	TDC	F	0.02%	0.01%	0.01%
	TER	F	0.14%	0.07%	0.07%
	TKO	C	0.08%	0.01%	0.01%
	TOST	A	0.14%	0.07%	0.07%
	TPG	A	0.04%	0.01%	0.01%
	TPL	A	0.21%	0.11%	0.11%
	TPX	A	0.07%	0.04%	0.04%
	TREX	C	0.06%	0.03%	0.03%
	TRGP	A	0.34%	0.18%	0.18%
	TRU	D	0.17%	0.01%	0.01%
	TSCO	D	0.25%	0.13%	0.13%
	TTD	B	0.45%	0.24%	0.24%
	TTEK	F	0.1%	0.01%	0.01%
	TW	A	0.12%	0.03%	0.03%
	TWLO	A	0.13%	0.01%	0.01%
	TXG	F	0.01%	0.01%	0.01%
	TXRH	B	0.11%	0.06%	0.06%
	TYL	B	0.21%	0.1%	0.1%
	U	F	0.05%	0.01%	0.01%
	UHAL	D	0.05%	0.01%	0.01%
	UHAL	D	0.0%	0.01%	0.0%
	UI	A	0.01%	0.0%	0.0%
	ULTA	F	0.15%	0.07%	0.07%
	URI	B	0.47%	0.06%	0.06%
	UWMC	F	0.01%	0.0%	0.0%
	VEEV	C	0.28%	0.15%	0.15%
	VKTX	F	0.06%	0.03%	0.03%
	VLTO	D	0.21%	0.05%	0.05%
	VMC	B	0.31%	0.04%	0.04%
	VRSK	B	0.33%	0.17%	0.17%
	VRSN	F	0.13%	0.0%	0.0%
	VRT	A	0.36%	0.19%	0.19%
	VST	A	0.4%	0.21%	0.21%
	VVV	B	0.05%	0.02%	0.02%
	WAT	B	0.18%	0.06%	0.06%
	WEN	C	0.03%	0.01%	0.01%
	WEX	F	0.06%	0.0%	0.0%
	WFRD	F	0.05%	0.03%	0.03%
	WH	B	0.06%	0.0%	0.0%
	WING	F	0.08%	0.04%	0.04%
	WMS	F	0.08%	0.01%	0.01%
	WSC	F	0.06%	0.01%	0.01%
	WSM	D	0.13%	0.04%	0.04%
	WST	C	0.19%	0.06%	0.06%
	WU	F	0.02%	0.0%	0.0%
	WYNN	D	0.07%	0.0%	0.0%
	XPO	B	0.14%	0.08%	0.08%
	YETI	F	0.03%	0.0%	0.0%
	YUM	D	0.31%	0.06%	0.06%
	ZBRA	B	0.17%	0.02%	0.02%
	ZS	B	0.15%	0.08%	0.08%

IWR Overweight 533 Positions Relative to GGUS

	Symbol	Grade	Weight
	WMB	A	0.56%
	OKE	A	0.51%
	AFL	C	0.49%
	DLR	A	0.48%
	BK	A	0.46%
	KMI	A	0.42%
	O	D	0.41%
	DHI	F	0.41%
	LHX	B	0.4%
	FIS	A	0.4%
	CMI	A	0.39%
	KVUE	A	0.37%
	CCI	C	0.37%
	PCG	A	0.36%
	AME	A	0.36%
	PEG	C	0.35%
	BKR	A	0.35%
	DFS	B	0.35%
	PRU	A	0.35%
	IR	B	0.34%
	CBRE	B	0.34%
	FERG	D	0.34%
	EA	A	0.34%
	OTIS	C	0.33%
	CTVA	D	0.33%
	LEN	D	0.33%
	DAL	A	0.32%
	KR	B	0.32%
	CTSH	B	0.32%
	A	F	0.32%
	NUE	D	0.31%
	EXC	C	0.31%
	MCHP	F	0.31%
	GIS	D	0.3%
	ACGL	D	0.3%
	CHTR	B	0.3%
	GLW	B	0.3%
	XEL	A	0.3%
	DD	D	0.29%
	ED	D	0.28%
	FANG	C	0.28%
	HIG	A	0.28%
	HUM	D	0.28%
	MTB	A	0.28%
	EXR	C	0.28%
	WAB	B	0.28%
	VICI	C	0.27%
	GRMN	B	0.27%
	AVB	B	0.27%
	FITB	A	0.26%
	CNC	F	0.26%
	EIX	C	0.26%
	ETR	A	0.26%
	WTW	B	0.26%
	NDAQ	A	0.26%
	DOW	F	0.26%
	TTWO	A	0.25%
	WEC	A	0.25%
	EBAY	D	0.25%
	CSGP	F	0.25%
	PPG	D	0.24%
	ANSS	B	0.24%
	RJF	A	0.24%
	XYL	D	0.24%
	ON	F	0.24%
	EQR	C	0.23%
	GPN	B	0.23%
	STT	A	0.23%
	HPE	B	0.23%
	UAL	A	0.23%
	KEYS	C	0.23%
	AWK	C	0.22%
	LDOS	C	0.22%
	NVR	D	0.22%
	SW	A	0.22%
	PHM	D	0.22%
	DOV	B	0.22%
	MTD	F	0.22%
	TROW	A	0.21%
	HAL	C	0.21%
	FCNCA	A	0.21%
	CHD	A	0.21%
	VTR	C	0.21%
	FTV	D	0.21%
	DTE	C	0.2%
	PPL	A	0.2%
	DVN	F	0.2%
	ADM	D	0.2%
	HBAN	A	0.2%
	HUBB	B	0.2%
	BIIB	F	0.2%
	SYF	B	0.2%
	WY	D	0.19%
	RF	A	0.19%
	IFF	F	0.19%
	FE	C	0.19%
	AEE	A	0.19%
	CCL	A	0.19%
	SBAC	C	0.19%
	ILMN	C	0.19%
	ATO	A	0.18%
	STLD	B	0.18%
	ZBH	C	0.18%
	LYB	F	0.18%
	WBD	B	0.18%
	TDY	B	0.18%
	WDC	F	0.18%
	CINF	A	0.18%
	LH	B	0.17%
	INVH	D	0.17%
	FSLR	D	0.17%
	CBOE	C	0.17%
	CFG	A	0.17%
	NTRS	A	0.17%
	EXE	A	0.17%
	K	B	0.17%
	PKG	B	0.17%
	ZM	B	0.17%
	STE	D	0.17%
	ES	C	0.17%
	BBY	D	0.16%
	CNP	A	0.16%
	ESS	A	0.16%
	MKC	D	0.16%
	PFG	A	0.16%
	ARE	F	0.16%
	IP	A	0.16%
	CMS	C	0.16%
	COO	D	0.16%
	HOOD	A	0.16%
	OMC	C	0.16%
	UTHR	C	0.15%
	IBKR	A	0.15%
	HOLX	D	0.15%
	J	D	0.15%
	CTRA	A	0.15%
	WSO	A	0.15%
	RS	B	0.15%
	MAA	A	0.15%
	BALL	D	0.15%
	SNA	A	0.15%
	LUV	A	0.15%
	TSN	A	0.14%
	FWONK	B	0.14%
	DG	F	0.14%
	GPC	D	0.14%
	PNR	A	0.14%
	IEX	B	0.14%
	KEY	A	0.14%
	BAX	F	0.14%
	TRMB	B	0.14%
	DGX	A	0.14%
	WRB	A	0.14%
	MAS	D	0.14%
	SUI	D	0.13%
	THC	C	0.13%
	JBHT	C	0.13%
	DOC	D	0.13%
	MRO	A	0.13%
	GEN	B	0.13%
	SSNC	C	0.13%
	TOL	B	0.13%
	NI	A	0.13%
	TXT	D	0.13%
	KIM	A	0.13%
	OC	A	0.13%
	SWKS	F	0.12%
	COHR	C	0.12%
	UDR	C	0.12%
	AMCR	D	0.12%
	GGG	A	0.12%
	CW	B	0.12%
	RGA	A	0.12%
	LNT	A	0.12%
	NDSN	C	0.12%
	L	A	0.12%
	ACM	B	0.12%
	RVTY	D	0.12%
	FNF	C	0.12%
	CF	A	0.12%
	USFD	B	0.12%
	VTRS	A	0.12%
	APTV	F	0.12%
	AVTR	F	0.12%
	BXP	D	0.11%
	GLPI	C	0.11%
	JKHY	D	0.11%
	ELS	B	0.11%
	CLH	C	0.11%
	AKAM	F	0.11%
	CAG	F	0.11%
	REG	A	0.11%
	RNR	D	0.11%
	SWK	F	0.11%
	EVRG	A	0.11%
	EWBC	A	0.11%
	FFIV	B	0.11%
	TECH	F	0.1%
	ALB	C	0.1%
	EMN	C	0.1%
	SJM	D	0.1%
	BJ	B	0.1%
	TPR	A	0.1%
	UHS	D	0.1%
	BG	D	0.1%
	FTI	A	0.1%
	WPC	D	0.1%
	SCI	A	0.1%
	DLTR	F	0.1%
	AMH	C	0.1%
	CPT	D	0.1%
	CACI	C	0.1%
	ITT	A	0.1%
	HST	D	0.1%
	ALLE	D	0.1%
	CHRW	A	0.1%
	NVT	C	0.1%
	BMRN	F	0.1%
	JNPR	D	0.1%
	DOX	D	0.09%
	CTLT	D	0.09%
	AFRM	A	0.09%
	WWD	B	0.09%
	FHN	A	0.09%
	AIZ	A	0.09%
	CUBE	C	0.09%
	CCK	D	0.09%
	CRL	D	0.09%
	EVR	B	0.09%
	CAVA	C	0.09%
	IPG	F	0.09%
	UNM	A	0.09%
	NWSA	B	0.09%
	AA	A	0.09%
	OVV	C	0.09%
	CG	B	0.09%
	SF	A	0.09%
	RRX	B	0.09%
	ATR	B	0.09%
	Z	A	0.09%
	TFX	F	0.08%
	REXR	F	0.08%
	DCI	B	0.08%
	GME	C	0.08%
	CNH	C	0.08%
	KNX	B	0.08%
	FRT	C	0.08%
	SNX	C	0.08%
	DTM	A	0.08%
	AES	F	0.08%
	WAL	B	0.08%
	GL	B	0.08%
	FBIN	F	0.08%
	RGLD	A	0.08%
	WBS	A	0.08%
	NLY	C	0.08%
	AFG	A	0.08%
	INGR	B	0.08%
	WTRG	B	0.08%
	SOLV	C	0.08%
	LKQ	F	0.08%
	LAD	A	0.08%
	MKTX	D	0.08%
	AYI	B	0.08%
	EHC	B	0.08%
	OHI	C	0.08%
	ARMK	C	0.08%
	FOXA	B	0.08%
	RPRX	F	0.08%
	PRI	A	0.08%
	CIEN	B	0.08%
	PNW	A	0.08%
	ALSN	A	0.08%
	TAP	B	0.08%
	HII	F	0.07%
	G	A	0.07%
	VNO	C	0.07%
	ACI	C	0.07%
	SNV	B	0.07%
	CHRD	D	0.07%
	CFR	B	0.07%
	VOYA	A	0.07%
	CART	C	0.07%
	CBSH	A	0.07%
	WTFC	A	0.07%
	ZION	A	0.07%
	APG	C	0.07%
	AR	B	0.07%
	FYBR	C	0.07%
	EGP	D	0.07%
	MGM	D	0.07%
	OGE	A	0.07%
	CR	B	0.07%
	BRX	A	0.07%
	HSIC	C	0.07%
	GPK	D	0.07%
	RIVN	F	0.07%
	CPB	D	0.07%
	HRL	F	0.07%
	CMA	B	0.07%
	AXTA	A	0.07%
	CZR	F	0.07%
	MOS	D	0.07%
	TTC	D	0.07%
	RL	B	0.07%
	WCC	B	0.07%
	AOS	F	0.07%
	MTZ	B	0.07%
	NYT	D	0.07%
	RBC	A	0.07%
	GMED	A	0.07%
	ORI	A	0.07%
	X	C	0.07%
	BRBR	A	0.07%
	PNFP	A	0.07%
	LSTR	D	0.06%
	VMI	B	0.06%
	R	B	0.06%
	ELAN	D	0.06%
	GNTX	D	0.06%
	GXO	B	0.06%
	FR	D	0.06%
	BIO	D	0.06%
	AGNC	C	0.06%
	FCN	F	0.06%
	PB	A	0.06%
	ATI	D	0.06%
	VFC	C	0.06%
	OSK	B	0.06%
	COKE	D	0.06%
	CGNX	D	0.06%
	KEX	A	0.06%
	FMC	F	0.06%
	ESAB	B	0.06%
	MIDD	C	0.06%
	ADC	A	0.06%
	JAZZ	B	0.06%
	MTSI	B	0.06%
	BWA	B	0.06%
	MHK	D	0.06%
	RHI	C	0.06%
	BERY	C	0.06%
	MKSI	C	0.06%
	NNN	C	0.06%
	SAIC	D	0.06%
	RRC	B	0.06%
	MTCH	F	0.06%
	FLS	A	0.06%
	APA	F	0.06%
	SEIC	A	0.06%
	THO	B	0.05%
	CRUS	F	0.05%
	LITE	B	0.05%
	JHG	A	0.05%
	BC	D	0.05%
	THG	A	0.05%
	AGCO	D	0.05%
	FNB	A	0.05%
	IDA	A	0.05%
	PVH	C	0.05%
	AMG	A	0.05%
	WHR	A	0.05%
	BEN	C	0.05%
	OLLI	D	0.05%
	STWD	C	0.05%
	VNT	C	0.05%
	OMF	A	0.05%
	LFUS	D	0.05%
	MTG	C	0.05%
	KD	A	0.05%
	SIRI	D	0.05%
	COLB	B	0.05%
	LAZ	B	0.05%
	ARW	D	0.05%
	ESI	B	0.05%
	MSA	D	0.05%
	DAR	B	0.05%
	ALK	A	0.05%
	NOV	D	0.05%
	FAF	C	0.05%
	WBA	F	0.05%
	COLD	F	0.05%
	IVZ	B	0.05%
	AXS	A	0.05%
	PARA	D	0.05%
	MAT	D	0.05%
	DINO	D	0.05%
	AZPN	A	0.05%
	MTDR	B	0.05%
	QRVO	F	0.05%
	STAG	D	0.05%
	BBWI	C	0.05%
	HR	C	0.05%
	GFS	C	0.04%
	GAP	C	0.04%
	DLB	D	0.04%
	WLK	F	0.04%
	EEFT	C	0.04%
	SLGN	A	0.04%
	AGO	A	0.04%
	RYN	D	0.04%
	WTM	A	0.04%
	CUZ	B	0.04%
	KRC	C	0.04%
	OZK	A	0.04%
	AL	A	0.04%
	TKR	F	0.04%
	ST	F	0.04%
	UGI	C	0.04%
	SON	D	0.04%
	HXL	F	0.04%
	SLM	A	0.04%
	ROIV	D	0.04%
	AVT	C	0.04%
	BYD	B	0.04%
	PSN	C	0.04%
	CCCS	B	0.04%
	OLN	F	0.04%
	LNC	B	0.04%
	NFG	A	0.04%
	LEA	F	0.04%
	FOX	A	0.04%
	POST	D	0.04%
	RITM	D	0.04%
	VNOM	B	0.04%
	AMKR	F	0.03%
	AMED	F	0.03%
	PENN	C	0.03%
	BHF	B	0.03%
	ECG	C	0.03%
	LBTYA	F	0.03%
	LBTYK	A	0.03%
	VAC	C	0.03%
	HUN	F	0.03%
	ZG	A	0.03%
	EPR	D	0.03%
	FHB	B	0.03%
	NVST	C	0.03%
	PII	F	0.03%
	HIW	D	0.03%
	PRGO	C	0.03%
	TNL	A	0.03%
	XRAY	F	0.03%
	MDU	D	0.03%
	W	D	0.03%
	NWS	B	0.03%
	ACHC	F	0.03%
	DNB	B	0.03%
	ZI	D	0.03%
	NEU	D	0.03%
	NWL	B	0.03%
	DXC	D	0.03%
	HOG	D	0.03%
	IAC	F	0.03%
	FLO	D	0.03%
	ASH	F	0.03%
	MSM	D	0.03%
	KMPR	A	0.03%
	LINE	F	0.03%
	AMTM	F	0.03%
	OGN	F	0.03%
	AN	D	0.03%
	MSGS	B	0.03%
	GTES	A	0.03%
	M	D	0.03%
	CLVT	F	0.02%
	VSTS	F	0.02%
	KSS	F	0.02%
	CNXC	F	0.02%
	FTRE	D	0.02%
	ALAB	B	0.02%
	RKT	F	0.02%
	LCID	F	0.02%
	RCM	A	0.02%
	AAP	C	0.02%
	HAYW	A	0.02%
	PPC	B	0.02%
	ADT	B	0.02%
	JWN	C	0.02%
	IPGP	D	0.02%
	CPRI	F	0.02%
	CWEN	C	0.02%
	QDEL	F	0.02%
	AZTA	F	0.02%
	PINC	B	0.02%
	SHC	D	0.02%
	SPB	C	0.02%
	ENOV	C	0.02%
	AGR	A	0.02%
	MP	B	0.02%
	BOKF	A	0.02%
	HHH	B	0.02%
	ALGM	F	0.02%
	COTY	F	0.02%
	CXT	D	0.02%
	VIRT	A	0.02%
	COLM	B	0.02%
	LLYVK	A	0.02%
	MPW	F	0.02%
	PAG	B	0.02%
	CC	C	0.02%
	NSA	C	0.02%
	MAN	F	0.02%
	PK	D	0.02%
	SMG	D	0.02%
	SEB	F	0.01%
	TFSL	B	0.01%
	CWEN	C	0.01%
	LOAR	C	0.01%
	CNA	C	0.01%
	AS	A	0.01%
	DDS	B	0.01%
	LLYVA	A	0.01%
	WOLF	F	0.01%
	CERT	F	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	LEG	F	0.01%
	INFA	D	0.01%
	TRIP	D	0.01%
	LBRDA	C	0.01%
	UA	B	0.01%
	GO	C	0.01%
	FWONA	B	0.01%
	CRI	F	0.01%
	QS	F	0.01%
	UAA	B	0.01%
	BIRK	D	0.01%
	LEN	D	0.01%
	PARAA	C	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	PLTK	A	0.0%

IWR Underweight 108 Positions Relative to GGUS

	Symbol	Grade	Weight
	NVDA	B	-11.48%
	AAPL	C	-10.95%
	AMZN	B	-4.35%
	MSFT	D	-4.33%
	TSLA	A	-3.84%
	META	C	-3.67%
	AVGO	C	-3.59%
	LLY	F	-2.86%
	GOOGL	B	-2.26%
	V	A	-2.09%
	GOOG	B	-1.91%
	MA	A	-1.86%
	COST	B	-1.8%
	NFLX	A	-1.46%
	HD	A	-1.38%
	ORCL	A	-1.28%
	MRK	F	-1.12%
	CRM	B	-1.1%
	ADBE	F	-0.94%
	NOW	B	-0.89%
	ISRG	A	-0.81%
	INTU	B	-0.8%
	QCOM	F	-0.77%
	PEP	F	-0.77%
	AMD	F	-0.68%
	BKNG	A	-0.68%
	ABBV	F	-0.66%
	AMAT	F	-0.63%
	UBER	F	-0.62%
	KO	D	-0.61%
	AMGN	F	-0.58%
	PGR	B	-0.55%
	BX	A	-0.54%
	PANW	B	-0.52%
	ADP	B	-0.5%
	LRCX	F	-0.44%
	ANET	C	-0.44%
	KLAC	F	-0.4%
	AMT	D	-0.4%
	WM	B	-0.39%
	PG	C	-0.38%
	SNPS	C	-0.37%
	SBUX	A	-0.37%
	SHW	C	-0.36%
	CMG	B	-0.35%
	CDNS	B	-0.35%
	TJX	A	-0.34%
	CTAS	B	-0.32%
	CRWD	B	-0.32%
	MCO	D	-0.32%
	UNP	D	-0.3%
	ZTS	D	-0.29%
	VRTX	C	-0.29%
	ORLY	B	-0.28%
	ADSK	B	-0.28%
	APO	A	-0.27%
	AXP	B	-0.26%
	ABNB	C	-0.25%
	SPOT	A	-0.25%
	NKE	F	-0.24%
	ECL	D	-0.23%
	WDAY	C	-0.23%
	APH	B	-0.22%
	DASH	A	-0.22%
	AZO	A	-0.21%
	NU	C	-0.21%
	GS	A	-0.21%
	CPRT	A	-0.2%
	FTNT	B	-0.2%
	GE	D	-0.19%
	CL	C	-0.18%
	FI	A	-0.17%
	LMT	D	-0.17%
	UNH	B	-0.17%
	MSI	A	-0.17%
	SYK	A	-0.17%
	LULU	C	-0.16%
	TEAM	B	-0.16%
	SNOW	C	-0.16%
	MCK	A	-0.15%
	TT	A	-0.14%
	KKR	A	-0.13%
	ITW	B	-0.13%
	MNST	B	-0.13%
	CAT	B	-0.12%
	TXN	B	-0.11%
	HON	A	-0.1%
	KMB	C	-0.08%
	TDG	D	-0.07%
	MMC	C	-0.07%
	ELV	F	-0.07%
	HCA	F	-0.07%
	BA	F	-0.07%
	MMM	D	-0.06%
	MCD	D	-0.06%
	SCHW	A	-0.05%
	CEG	D	-0.05%
	CI	D	-0.04%
	PSA	C	-0.04%
	MS	A	-0.04%
	SCCO	F	-0.04%
	MRVL	B	-0.03%
	REGN	F	-0.03%
	EW	C	-0.03%
	EQIX	A	-0.02%
	DELL	B	-0.02%
	EL	F	-0.02%
	XP	F	-0.0%

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

GGUS: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Biotechnology Specialty Retail Capital Markets Restaurants Building Materials Asset Management Diagnostics & Research Semiconductor Equipment & Materials Semiconductors Aerospace & Defense Diversified Industrials Internet Content & Information Credit Services Household & Personal Products Leisure Medical Devices Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Dow Jones Component Medicine Insurance Software Software As A Service Work From Home Cloud Infrastructure Electronics Mobile Devices Natural Gas Semiconductor Telecommunications Integrated Circuits Operating System Payment Systems