IWR vs. QRFT ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)

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

$80.88

Average Daily Volume

978,338

Number of Holdings ^*

808

* may have additional holdings in another (foreign) market

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.55

Average Daily Volume

2,673

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

Performance

Period	IWR	QRFT
30 Days	0.25%	5.65%
60 Days	-1.49%	9.69%
90 Days	-2.62%	9.69%
12 Months	13.04%	31.80%

180 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in QRFT	Overlap
ACI	F	0.08%	0.07%	0.07%
ACM	D	0.11%	0.08%	0.08%
AFG	D	0.08%	0.07%	0.07%
AGCO	F	0.06%	0.06%	0.06%
AKAM	D	0.13%	0.08%	0.08%
ALGN	D	0.17%	0.05%	0.05%
ALL	D	0.39%	0.12%	0.12%
ALLY	B	0.1%	0.08%	0.08%
ALNY	A	0.29%	0.11%	0.11%
AM	B	0.05%	0.06%	0.05%
AMCR	D	0.13%	0.08%	0.08%
ANSS	C	0.26%	0.07%	0.07%
AOS	D	0.09%	0.07%	0.07%
APG	C	0.08%	0.07%	0.07%
APP	B	0.21%	0.05%	0.05%
ARW	D	0.06%	0.06%	0.06%
AVY	D	0.16%	0.1%	0.1%
AYI	D	0.07%	0.06%	0.06%
BAH	C	0.18%	0.05%	0.05%
BAX	F	0.16%	0.09%	0.09%
BIIB	C	0.3%	0.08%	0.08%
BIO	D	0.05%	0.06%	0.05%
BK	B	0.42%	0.12%	0.12%
BKR	C	0.32%	0.08%	0.08%
BMRN	C	0.14%	0.09%	0.09%
BRBR	B	0.07%	0.06%	0.06%
BWA	F	0.07%	0.06%	0.06%
BXP	C	0.09%	0.07%	0.07%
CAG	D	0.13%	0.08%	0.08%
CAH	D	0.22%	0.06%	0.06%
CBRE	C	0.25%	0.07%	0.07%
CBSH	C	0.06%	0.06%	0.06%
CERE	D	0.03%	0.06%	0.03%
CFG	B	0.15%	0.09%	0.09%
CFR	D	0.05%	0.06%	0.05%
CHRW	C	0.09%	0.07%	0.07%
CIEN	C	0.06%	0.06%	0.06%
CLX	D	0.15%	0.09%	0.09%
CMI	D	0.35%	0.1%	0.1%
CNC	D	0.33%	0.1%	0.1%
COIN	D	0.41%	0.13%	0.13%
CR	D	0.07%	0.06%	0.06%
CRUS	A	0.06%	0.06%	0.06%
CSL	C	0.18%	0.04%	0.04%
CTLT	B	0.1%	0.07%	0.07%
CTVA	D	0.34%	0.1%	0.1%
DD	B	0.31%	0.09%	0.09%
DGX	C	0.14%	0.09%	0.09%
DKNG	F	0.15%	0.1%	0.1%
DOCU	C	0.1%	0.07%	0.07%
DOW	D	0.35%	0.11%	0.11%
DOX	D	0.08%	0.06%	0.06%
DPZ	D	0.16%	0.1%	0.1%
DXCM	F	0.41%	0.14%	0.14%
EA	B	0.34%	0.09%	0.09%
EBAY	B	0.25%	0.06%	0.06%
ELAN	F	0.06%	0.07%	0.06%
EMN	D	0.11%	0.08%	0.08%
EQR	A	0.24%	0.06%	0.06%
ESS	B	0.16%	0.1%	0.1%
ETSY	F	0.06%	0.06%	0.06%
EXAS	F	0.07%	0.06%	0.06%
EXEL	C	0.06%	0.06%	0.06%
EXPD	C	0.16%	0.1%	0.1%
EXPE	C	0.15%	0.09%	0.09%
FDS	D	0.15%	0.09%	0.09%
FFIV	C	0.09%	0.07%	0.07%
FICO	B	0.34%	0.1%	0.1%
FIS	B	0.4%	0.12%	0.12%
FLS	D	0.06%	0.06%	0.06%
FNF	D	0.11%	0.08%	0.08%
FTI	B	0.11%	0.07%	0.07%
GDDY	A	0.19%	0.1%	0.1%
GIS	D	0.33%	0.1%	0.1%
GLW	A	0.27%	0.09%	0.09%
GRMN	D	0.23%	0.08%	0.08%
GTLB	D	0.06%	0.06%	0.06%
GWRE	A	0.11%	0.08%	0.08%
HAS	D	0.07%	0.07%	0.07%
HLT	B	0.49%	0.14%	0.14%
HOLX	C	0.16%	0.09%	0.09%
HOOD	C	0.14%	0.1%	0.1%
HPE	C	0.25%	0.06%	0.06%
HPQ	B	0.32%	0.09%	0.09%
HRB	C	0.07%	0.06%	0.06%
HUBS	C	0.27%	0.08%	0.08%
IFF	B	0.23%	0.06%	0.06%
ILMN	D	0.16%	0.1%	0.1%
INCY	C	0.1%	0.09%	0.09%
INFA	B	0.02%	0.06%	0.02%
IP	C	0.14%	0.09%	0.09%
IRM	A	0.24%	0.06%	0.06%
ITCI	B	0.07%	0.06%	0.06%
IVZ	D	0.05%	0.06%	0.05%
JAZZ	F	0.06%	0.06%	0.06%
JEF	A	0.09%	0.07%	0.07%
JNPR	B	0.11%	0.08%	0.08%
K	D	0.14%	0.1%	0.1%
KBR	D	0.08%	0.06%	0.06%
KD	C	0.06%	0.06%	0.06%
KEY	C	0.12%	0.08%	0.08%
KEYS	D	0.22%	0.06%	0.06%
KR	C	0.31%	0.09%	0.09%
L	D	0.13%	0.09%	0.09%
LDOS	B	0.18%	0.04%	0.04%
LEA	F	0.06%	0.06%	0.06%
LHX	A	0.39%	0.12%	0.12%
LYB	D	0.23%	0.08%	0.08%
LYFT	F	0.05%	0.05%	0.05%
MAA	C	0.15%	0.09%	0.09%
MANH	B	0.14%	0.09%	0.09%
MASI	F	0.05%	0.07%	0.05%
MAT	F	0.05%	0.06%	0.05%
MEDP	C	0.09%	0.08%	0.08%
MGM	B	0.1%	0.08%	0.08%
MHK	C	0.05%	0.06%	0.05%
MKSI	B	0.08%	0.07%	0.07%
MSCI	C	0.35%	0.11%	0.11%
MTD	D	0.27%	0.09%	0.09%
MTN	F	0.06%	0.06%	0.06%
NBIX	C	0.13%	0.08%	0.08%
NET	B	0.24%	0.05%	0.05%
NRG	D	0.16%	0.09%	0.09%
NTAP	A	0.25%	0.06%	0.06%
NTNX	C	0.13%	0.08%	0.08%
NTRS	C	0.16%	0.09%	0.09%
NWSA	B	0.1%	0.09%	0.09%
OHI	A	0.08%	0.06%	0.06%
OKTA	C	0.13%	0.09%	0.09%
OLN	F	0.05%	0.06%	0.05%
ORI	D	0.07%	0.06%	0.06%
OTIS	B	0.36%	0.11%	0.11%
PCOR	F	0.07%	0.07%	0.07%
PFG	D	0.17%	0.1%	0.1%
PINS	B	0.24%	0.06%	0.06%
PSTG	B	0.17%	0.05%	0.05%
QRVO	A	0.1%	0.08%	0.08%
RBLX	B	0.18%	0.11%	0.11%
RHI	D	0.06%	0.06%	0.06%
RL	B	0.06%	0.06%	0.06%
ROK	D	0.28%	0.08%	0.08%
ROKU	C	0.07%	0.06%	0.06%
SCI	C	0.09%	0.07%	0.07%
SF	B	0.08%	0.06%	0.06%
SJM	D	0.1%	0.08%	0.08%
SNX	D	0.08%	0.07%	0.07%
SPG	C	0.45%	0.14%	0.14%
SQ	F	0.33%	0.09%	0.09%
SRPT	C	0.13%	0.07%	0.07%
SSNC	C	0.13%	0.09%	0.09%
ST	C	0.05%	0.05%	0.05%
STT	C	0.21%	0.05%	0.05%
SWK	D	0.11%	0.08%	0.08%
SYF	B	0.18%	0.09%	0.09%
TDY	D	0.17%	0.1%	0.1%
TER	A	0.21%	0.05%	0.05%
TOST	C	0.1%	0.07%	0.07%
TSN	D	0.15%	0.09%	0.09%
TTWO	C	0.24%	0.06%	0.06%
TWLO	D	0.09%	0.07%	0.07%
TXT	D	0.15%	0.09%	0.09%
UNM	D	0.07%	0.06%	0.06%
UTHR	B	0.13%	0.08%	0.08%
VOYA	D	0.07%	0.06%	0.06%
VRSK	A	0.36%	0.1%	0.1%
VRSN	C	0.14%	0.1%	0.1%
VTR	B	0.19%	0.05%	0.05%
VTRS	D	0.12%	0.08%	0.08%
WAB	D	0.26%	0.07%	0.07%
WDC	B	0.24%	0.06%	0.06%
WEX	D	0.07%	0.06%	0.06%
WING	C	0.11%	0.08%	0.08%
WRK	C	0.12%	0.08%	0.08%
WSC	F	0.06%	0.06%	0.06%
WTW	C	0.25%	0.07%	0.07%
XPO	D	0.11%	0.08%	0.08%
Z	C	0.06%	0.08%	0.06%
ZBH	F	0.2%	0.05%	0.05%
ZBRA	C	0.15%	0.09%	0.09%
ZION	C	0.06%	0.06%	0.06%

IWR Overweight 628 Positions Relative to QRFT

Symbol	Grade	Weight
AJG	A	0.53%
AFL	B	0.48%
PLTR	A	0.48%
WMB	B	0.48%
DLR	A	0.46%
MCHP	C	0.46%
OKE	B	0.45%
ROST	B	0.44%
O	C	0.42%
AMP	C	0.41%
HUM	C	0.41%
TTD	A	0.41%
PRU	B	0.4%
URI	D	0.4%
HES	D	0.39%
CCI	D	0.39%
SMCI	B	0.39%
IDXX	D	0.37%
DDOG	B	0.37%
MPWR	A	0.37%
NU	A	0.37%
GWW	C	0.37%
LNG	B	0.37%
DHI	D	0.37%
AME	D	0.36%
FERG	D	0.36%
KMI	A	0.36%
IQV	D	0.35%
COR	C	0.35%
NUE	F	0.35%
PAYX	D	0.35%
YUM	D	0.34%
IR	C	0.34%
FANG	B	0.34%
RCL	A	0.34%
PCG	D	0.34%
A	D	0.34%
PEG	A	0.34%
PWR	D	0.34%
ACGL	C	0.33%
ODFL	C	0.33%
FAST	D	0.33%
CTSH	C	0.32%
LEN	D	0.32%
EXC	F	0.32%
SYY	D	0.32%
KVUE	F	0.32%
GEHC	D	0.31%
DFS	B	0.31%
VRT	C	0.31%
IT	B	0.31%
XYL	D	0.3%
EXR	B	0.3%
VMC	D	0.3%
HWM	C	0.3%
MLM	D	0.3%
ED	D	0.29%
ADM	C	0.29%
ON	D	0.29%
VST	C	0.29%
HIG	C	0.28%
HAL	F	0.28%
CSGP	F	0.28%
DVN	D	0.28%
DAL	D	0.28%
VICI	D	0.27%
PPG	D	0.27%
XEL	D	0.27%
CDW	D	0.27%
TRGP	A	0.27%
EFX	B	0.27%
DG	D	0.26%
RMD	C	0.26%
CHTR	C	0.26%
TSCO	D	0.26%
AVB	B	0.26%
VEEV	F	0.25%
HSY	F	0.25%
EIX	C	0.25%
FITB	C	0.24%
FTV	D	0.24%
TROW	C	0.24%
CHD	C	0.24%
DOV	D	0.23%
WEC	D	0.23%
GPN	F	0.23%
FSLR	C	0.23%
AWK	C	0.23%
ARES	D	0.23%
MTB	B	0.23%
WST	F	0.22%
BR	B	0.22%
VLTO	D	0.22%
DECK	C	0.22%
CPNG	C	0.22%
FE	C	0.21%
NDAQ	B	0.21%
DTE	D	0.21%
ETR	D	0.21%
RJF	D	0.21%
ENTG	B	0.2%
AXON	C	0.2%
STE	C	0.2%
TYL	B	0.2%
BRO	B	0.2%
DLTR	F	0.2%
PTC	B	0.2%
NVR	D	0.2%
INVH	A	0.2%
PHM	D	0.2%
CTRA	D	0.19%
MKL	D	0.19%
ES	C	0.19%
ARE	C	0.19%
PPL	D	0.19%
MSTR	D	0.19%
FCNCA	C	0.19%
SBAC	D	0.19%
LPLA	C	0.19%
STLD	D	0.18%
APTV	F	0.18%
HBAN	C	0.18%
CNP	B	0.18%
WY	F	0.18%
HUBB	C	0.18%
WSM	D	0.17%
MDB	D	0.17%
CINF	C	0.17%
ZS	B	0.17%
RF	B	0.17%
CPAY	D	0.17%
GPC	D	0.17%
ULTA	D	0.17%
AEE	D	0.17%
BALL	D	0.17%
COO	D	0.16%
SWKS	B	0.16%
WAT	F	0.16%
LUV	D	0.16%
LH	C	0.16%
DRI	D	0.16%
ATO	D	0.16%
J	D	0.16%
EME	D	0.16%
MOH	F	0.16%
OMC	C	0.16%
CCL	C	0.16%
CMS	D	0.16%
WBD	F	0.16%
LII	B	0.16%
MKC	C	0.16%
BBY	B	0.16%
EG	D	0.15%
UAL	D	0.15%
PKG	C	0.15%
RS	D	0.15%
BLDR	F	0.15%
EQT	D	0.15%
MRO	C	0.15%
WSO	B	0.15%
WRB	B	0.15%
ZM	F	0.14%
OC	D	0.14%
TRU	C	0.14%
IEX	D	0.14%
BURL	B	0.14%
HEI	B	0.14%
LYV	C	0.14%
CE	F	0.14%
LVS	F	0.14%
BG	B	0.14%
CVNA	C	0.13%
TRMB	C	0.13%
RGA	B	0.13%
RPM	D	0.13%
PODD	C	0.13%
CASY	C	0.13%
ROL	B	0.13%
DOC	B	0.13%
GEN	B	0.13%
TPL	B	0.13%
RBA	C	0.13%
FWONK	B	0.13%
MAS	D	0.13%
AVTR	D	0.13%
SUI	C	0.13%
HST	D	0.12%
PNR	D	0.12%
TW	D	0.12%
SAIA	C	0.12%
AMH	A	0.12%
RVTY	C	0.12%
NTRA	C	0.12%
AES	D	0.12%
KIM	B	0.12%
NI	B	0.12%
EQH	B	0.12%
NDSN	D	0.12%
NVT	C	0.12%
OVV	D	0.12%
LNT	B	0.12%
JBL	F	0.12%
ENPH	D	0.12%
GGG	D	0.12%
CF	F	0.12%
IBKR	B	0.12%
JBHT	F	0.12%
THC	C	0.12%
SNA	D	0.12%
UDR	B	0.12%
BJ	B	0.11%
DKS	C	0.11%
KMX	B	0.11%
GLPI	B	0.11%
CLH	B	0.11%
ELS	C	0.11%
DT	D	0.11%
EVRG	C	0.11%
TOL	D	0.11%
ALB	F	0.11%
JKHY	C	0.11%
LW	F	0.11%
WPC	D	0.11%
RIVN	C	0.11%
BLD	C	0.11%
USFD	C	0.11%
LECO	D	0.1%
EPAM	D	0.1%
CRL	F	0.1%
WMS	D	0.1%
WWD	D	0.1%
LAMR	B	0.1%
PR	C	0.1%
ITT	D	0.1%
APA	F	0.1%
CW	C	0.1%
ELF	C	0.1%
CHRD	C	0.1%
UHS	C	0.1%
TTEK	D	0.1%
IPG	F	0.1%
FIX	D	0.1%
TXRH	B	0.1%
LKQ	D	0.1%
ONTO	B	0.1%
TECH	D	0.1%
CPT	B	0.1%
CHK	D	0.1%
RNR	D	0.1%
POOL	F	0.1%
REG	C	0.1%
WTRG	D	0.09%
TPR	B	0.09%
ATR	D	0.09%
TTC	C	0.09%
LNW	B	0.09%
ESTC	B	0.09%
CACI	B	0.09%
NLY	C	0.09%
AR	D	0.09%
REXR	C	0.09%
CHDN	B	0.09%
COHR	A	0.09%
JLL	B	0.09%
HII	D	0.09%
HEI	B	0.09%
CUBE	B	0.09%
PFGC	D	0.09%
TFX	C	0.09%
OLED	A	0.09%
CELH	F	0.09%
ALLE	D	0.09%
EWBC	D	0.09%
FND	F	0.09%
RPRX	F	0.09%
EGP	B	0.08%
GNRC	C	0.08%
RRC	C	0.08%
CNM	C	0.08%
FRT	B	0.08%
HSIC	F	0.08%
PRI	C	0.08%
NYT	B	0.08%
KNSL	F	0.08%
LSCC	D	0.08%
CCK	F	0.08%
RGLD	B	0.08%
DINO	F	0.08%
DCI	D	0.08%
FOXA	A	0.08%
FHN	C	0.08%
BBWI	F	0.08%
EHC	C	0.08%
PNW	C	0.08%
MUSA	C	0.08%
CPB	B	0.08%
ARMK	B	0.08%
AIZ	D	0.08%
BWXT	B	0.08%
X	C	0.08%
CNH	F	0.08%
HRL	F	0.08%
CROX	C	0.08%
MOS	F	0.08%
TKO	A	0.08%
WYNN	F	0.08%
OWL	D	0.08%
TAP	F	0.08%
CG	C	0.08%
QGEN	D	0.08%
RRX	D	0.08%
WFRD	C	0.08%
SKX	C	0.08%
ATI	C	0.07%
KEX	B	0.07%
DUOL	F	0.07%
OGE	C	0.07%
CAVA	B	0.07%
AAL	F	0.07%
PAYC	F	0.07%
NOV	D	0.07%
MKTX	D	0.07%
GLOB	C	0.07%
EXP	F	0.07%
COLD	C	0.07%
INGR	D	0.07%
CLF	D	0.07%
NCLH	B	0.07%
AXTA	C	0.07%
WBS	D	0.07%
AA	B	0.07%
DAY	F	0.07%
SWN	D	0.07%
FCN	D	0.07%
GMED	B	0.07%
TREX	F	0.07%
EVR	A	0.07%
NNN	B	0.07%
RBC	C	0.07%
MTCH	D	0.07%
KNX	C	0.07%
GNTX	D	0.07%
GL	D	0.07%
GPK	D	0.07%
FBIN	D	0.07%
CHE	D	0.07%
TPX	D	0.07%
WBA	F	0.07%
MORN	B	0.07%
CGNX	B	0.07%
CZR	C	0.07%
RYAN	C	0.06%
VNT	D	0.06%
PNFP	D	0.06%
SNV	B	0.06%
SAIC	F	0.06%
ACHC	F	0.06%
ESI	B	0.06%
LBRDK	C	0.06%
PVH	F	0.06%
ADC	B	0.06%
WTFC	D	0.06%
MTSI	A	0.06%
FRPT	A	0.06%
LFUS	C	0.06%
UHAL	D	0.06%
FR	C	0.06%
BFAM	B	0.06%
BPOP	D	0.06%
HR	B	0.06%
MIDD	F	0.06%
LSTR	D	0.06%
COKE	B	0.06%
PLNT	B	0.06%
SEIC	D	0.06%
FYBR	C	0.06%
MTZ	D	0.06%
BEN	F	0.06%
CMA	C	0.06%
BRKR	F	0.06%
PEN	D	0.06%
STAG	B	0.06%
GME	C	0.06%
H	C	0.06%
AFRM	F	0.06%
IONS	B	0.06%
SOFI	F	0.06%
AGNC	A	0.06%
ALSN	B	0.06%
RGEN	F	0.06%
PARA	D	0.06%
DTM	B	0.06%
MSA	C	0.06%
BERY	C	0.06%
XP	F	0.06%
SSD	F	0.06%
LAD	F	0.06%
WAL	C	0.06%
CFLT	C	0.06%
BRX	B	0.06%
HLI	B	0.06%
FMC	D	0.06%
OSK	D	0.06%
WCC	D	0.06%
SOLV	F	0.06%
CIVI	D	0.06%
BSY	D	0.06%
MTDR	D	0.06%
DVA	D	0.06%
SON	F	0.05%
AWI	C	0.05%
WLK	D	0.05%
GFS	C	0.05%
M	C	0.05%
LNC	C	0.05%
SN	C	0.05%
NFG	D	0.05%
AL	C	0.05%
ALK	F	0.05%
FNB	D	0.05%
PATH	D	0.05%
AMG	D	0.05%
MDU	C	0.05%
XRAY	F	0.05%
TKR	D	0.05%
POST	C	0.05%
SITE	F	0.05%
OGN	D	0.05%
VMI	C	0.05%
RITM	D	0.05%
NXST	B	0.05%
VKTX	D	0.05%
WHR	C	0.05%
LPX	D	0.05%
ESAB	D	0.05%
SRCL	B	0.05%
HXL	D	0.05%
AZPN	C	0.05%
PB	D	0.05%
FAF	D	0.05%
BILL	F	0.05%
APPF	B	0.05%
R	C	0.05%
SMAR	B	0.05%
G	D	0.05%
AXS	C	0.05%
VVV	B	0.05%
STWD	C	0.05%
DBX	F	0.05%
OMF	D	0.05%
WH	C	0.05%
GXO	F	0.05%
PCTY	F	0.05%
RLI	D	0.05%
MTG	B	0.05%
AAON	B	0.05%
DAR	F	0.05%
CART	C	0.05%
FIVE	F	0.05%
AZEK	D	0.05%
OLLI	A	0.05%
BROS	A	0.04%
CPRI	D	0.04%
ZI	F	0.04%
KRC	D	0.04%
BEPC	C	0.04%
SPR	B	0.04%
PII	F	0.04%
COTY	D	0.04%
HOG	F	0.04%
INSP	F	0.04%
COLB	C	0.04%
FLO	D	0.04%
LOPE	C	0.04%
FOX	B	0.04%
RYN	D	0.04%
AN	C	0.04%
AGO	D	0.04%
LAZ	C	0.04%
FOUR	B	0.04%
OZK	D	0.04%
WTM	D	0.04%
IDA	D	0.04%
EEFT	D	0.04%
AMKR	B	0.04%
VFC	C	0.04%
JHG	B	0.04%
VNO	B	0.04%
DLB	D	0.04%
SLM	D	0.04%
S	D	0.04%
THG	C	0.04%
ASH	D	0.04%
CCCS	D	0.04%
SEE	D	0.04%
U	F	0.04%
UGI	D	0.04%
BC	F	0.04%
W	D	0.04%
THO	D	0.04%
AVT	C	0.04%
GPS	C	0.04%
DNB	D	0.03%
NVST	F	0.03%
PAG	D	0.03%
PENN	C	0.03%
WEN	F	0.03%
HIW	B	0.03%
AZTA	F	0.03%
CXT	D	0.03%
DV	D	0.03%
VAC	F	0.03%
WOLF	F	0.03%
NSA	C	0.03%
BHF	F	0.03%
LBTYA	B	0.03%
LBTYK	B	0.03%
AMED	A	0.03%
TNL	D	0.03%
WU	D	0.03%
PK	D	0.03%
EPR	B	0.03%
CNXC	C	0.03%
DOCS	C	0.03%
FIVN	D	0.03%
YETI	F	0.03%
IRDM	F	0.03%
GTES	D	0.03%
CACC	B	0.03%
HCP	A	0.03%
DXC	C	0.03%
TDC	D	0.03%
LSXMK	D	0.03%
MAN	D	0.03%
NWS	B	0.03%
CHH	C	0.03%
CC	F	0.03%
NEU	D	0.03%
SLGN	D	0.03%
CUZ	C	0.03%
IAC	D	0.03%
RARE	D	0.03%
TPG	D	0.03%
MSGS	B	0.03%
VNOM	B	0.03%
MSM	F	0.03%
PRGO	F	0.03%
AAP	F	0.03%
RH	D	0.03%
LITE	B	0.03%
KMPR	D	0.03%
BYD	C	0.03%
PSN	C	0.03%
ROIV	C	0.03%
APLS	F	0.03%
HUN	F	0.03%
PPC	B	0.02%
FWONA	C	0.02%
QDEL	F	0.02%
CERT	D	0.02%
HAYW	D	0.02%
RCM	C	0.02%
LEN	D	0.02%
QS	F	0.02%
DJT	F	0.02%
MP	D	0.02%
LLYVK	C	0.02%
CAR	F	0.02%
VIRT	D	0.02%
TRIP	D	0.02%
HHH	F	0.02%
TXG	F	0.02%
RKT	D	0.02%
CWEN	D	0.02%
FTRE	F	0.02%
GO	F	0.02%
BOKF	D	0.02%
ADT	C	0.02%
PINC	F	0.02%
SIRI	C	0.02%
CRI	F	0.02%
JWN	C	0.02%
BIRK	B	0.02%
ALGM	C	0.02%
CLVT	F	0.02%
ZG	C	0.02%
IPGP	D	0.02%
RNG	D	0.02%
ENOV	F	0.02%
KSS	F	0.02%
MPW	F	0.02%
SPB	D	0.02%
COLM	C	0.02%
AGR	D	0.02%
NCNO	C	0.02%
NWL	F	0.02%
LCID	C	0.02%
FHB	C	0.02%
PEGA	D	0.02%
SAM	C	0.02%
SMG	D	0.02%
UI	B	0.01%
TFSL	D	0.01%
SEB	F	0.01%
UWMC	D	0.01%
LLYVA	C	0.01%
CWEN	D	0.01%
LBRDA	C	0.01%
PYCR	D	0.01%
UAA	D	0.01%
SNDR	C	0.01%
CNA	B	0.01%
ALAB	D	0.01%
UA	D	0.01%
DDS	C	0.01%
NFE	F	0.01%
SHC	C	0.01%
VSTS	F	0.01%
LEG	F	0.01%
AS	F	0.01%
REYN	D	0.01%
LSXMA	D	0.01%
RNAC	F	0.0%
PARAA	C	0.0%
GRAL	D	0.0%
UHAL	D	0.0%
PLTK	F	0.0%
LOAR	B	0.0%

IWR Underweight 159 Positions Relative to QRFT

Symbol	Grade	Weight
AAPL	A	-9.44%
MSFT	A	-9.23%
GOOGL	A	-6.03%
AMZN	A	-4.91%
META	B	-3.83%
LLY	A	-2.9%
AVGO	B	-2.79%
WMT	A	-1.74%
MA	D	-1.42%
ORCL	A	-1.37%
PG	B	-1.37%
JNJ	F	-1.26%
MRK	D	-1.14%
ABBV	C	-1.03%
NFLX	B	-1.0%
AMD	B	-0.9%
QCOM	B	-0.84%
ADBE	B	-0.82%
PEP	D	-0.82%
CRM	D	-0.82%
NVDA	B	-0.81%
TMO	D	-0.8%
AMAT	A	-0.72%
CSCO	D	-0.64%
ABT	D	-0.63%
ACN	D	-0.63%
CAT	C	-0.59%
MU	C	-0.59%
GE	C	-0.59%
INTU	B	-0.58%
AMGN	B	-0.56%
PM	A	-0.55%
IBM	B	-0.54%
LRCX	A	-0.52%
NOW	C	-0.52%
UBER	B	-0.51%
PFE	C	-0.5%
CMCSA	F	-0.48%
LOW	D	-0.48%
RTX	D	-0.48%
HON	B	-0.47%
BKNG	A	-0.46%
SYK	C	-0.46%
VRTX	A	-0.43%
INTC	C	-0.43%
MDT	D	-0.41%
REGN	B	-0.4%
ADI	B	-0.4%
KLAC	A	-0.39%
BA	C	-0.38%
LMT	C	-0.38%
NKE	F	-0.37%
DE	F	-0.37%
ADP	D	-0.35%
CI	D	-0.33%
SNPS	B	-0.32%
WM	B	-0.32%
MELI	B	-0.31%
MDLZ	D	-0.3%
CDNS	B	-0.3%
GILD	C	-0.3%
TT	B	-0.3%
SHOP	C	-0.29%
MO	B	-0.27%
MCK	B	-0.27%
BDX	F	-0.27%
BMY	F	-0.27%
CL	B	-0.27%
CSX	C	-0.26%
ITW	D	-0.25%
CME	D	-0.25%
NXPI	B	-0.24%
NOC	D	-0.22%
PYPL	D	-0.22%
BRK.A	D	-0.22%
MAR	C	-0.22%
MPC	D	-0.21%
AON	C	-0.2%
SPOT	C	-0.19%
MSI	A	-0.19%
MRVL	C	-0.19%
ORLY	C	-0.18%
ABNB	B	-0.18%
MMM	B	-0.16%
MRNA	D	-0.16%
MET	D	-0.15%
GM	C	-0.15%
FTNT	D	-0.14%
AZO	C	-0.14%
TFC	B	-0.14%
ADSK	B	-0.14%
WDAY	D	-0.13%
TSLA	B	-0.12%
F	B	-0.12%
DELL	B	-0.11%
SNAP	B	-0.11%
DASH	D	-0.11%
SNOW	D	-0.11%
CHKP	A	-0.1%
XOM	D	-0.1%
KHC	D	-0.1%
DHR	D	-0.09%
UNH	D	-0.09%
LIN	C	-0.09%
INSM	A	-0.08%
MS	B	-0.08%
CYBR	B	-0.08%
AXP	C	-0.08%
YUMC	F	-0.08%
ISRG	A	-0.08%
TXN	B	-0.08%
MCD	F	-0.08%
V	D	-0.08%
PLD	C	-0.07%
KKR	C	-0.07%
PANW	B	-0.07%
BSX	B	-0.07%
COST	A	-0.07%
WIX	C	-0.07%
COP	D	-0.07%
ANET	A	-0.07%
BLK	B	-0.07%
ELV	C	-0.07%
ETN	C	-0.07%
UNP	D	-0.07%
SCHW	D	-0.07%
TJX	A	-0.07%
NEE	D	-0.07%
SPGI	A	-0.07%
MNDY	B	-0.07%
GOLD	B	-0.07%
GS	B	-0.07%
SCCO	C	-0.06%
SHW	C	-0.06%
CNI	D	-0.06%
DUK	C	-0.06%
GD	D	-0.06%
ZTS	C	-0.06%
ICE	A	-0.06%
SO	B	-0.06%
BPMC	B	-0.06%
APH	B	-0.06%
BX	C	-0.06%
SBUX	F	-0.06%
ALV	D	-0.06%
TD	F	-0.06%
HD	B	-0.06%
AMT	B	-0.06%
EL	F	-0.06%
TEAM	C	-0.06%
MMC	A	-0.06%
CB	D	-0.06%
CMG	D	-0.06%
KO	B	-0.05%
CVX	D	-0.05%
TDG	D	-0.05%
STX	B	-0.05%
IOT	C	-0.05%
CHX	C	-0.05%