IWR vs. SCHI ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Schwab 5-10 Year Corporate Bond ETF (SCHI)

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

$88.01

Average Daily Volume

1,187,021

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$46.26

Average Daily Volume

533,463

Number of Holdings ^*

471

* may have additional holdings in another (foreign) market

Performance

Period	IWR	SCHI
30 Days	3.12%	1.56%
60 Days	4.86%	4.20%
90 Days	9.01%	5.81%
12 Months	28.51%	14.88%

266 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in SCHI	Overlap
	A	C	0.35%	0.01%	0.01%
	AAL	D	0.06%	0.01%	0.01%
	AAP	F	0.02%	0.01%	0.01%
	ACGL	B	0.35%	0.02%	0.02%
	ADC	C	0.06%	0.03%	0.03%
	ADM	D	0.25%	0.05%	0.05%
	AEE	B	0.2%	0.01%	0.01%
	AES	C	0.12%	0.03%	0.03%
	AFG	C	0.08%	0.02%	0.02%
	AFL	A	0.52%	0.02%	0.02%
	AGO	D	0.04%	0.02%	0.02%
	AGR	C	0.02%	0.02%	0.02%
	AIZ	B	0.09%	0.02%	0.02%
	AL	C	0.04%	0.01%	0.01%
	ALL	C	0.43%	0.02%	0.02%
	ALLE	B	0.11%	0.02%	0.02%
	AMCR	B	0.13%	0.05%	0.05%
	AMG	C	0.05%	0.02%	0.02%
	AMH	D	0.12%	0.01%	0.01%
	AN	C	0.04%	0.02%	0.02%
	APTV	D	0.16%	0.02%	0.02%
	ARE	C	0.18%	0.02%	0.02%
	ARW	B	0.06%	0.02%	0.02%
	ATO	B	0.18%	0.02%	0.02%
	AVB	C	0.28%	0.01%	0.01%
	AVT	B	0.04%	0.03%	0.03%
	AVY	C	0.15%	0.02%	0.02%
	AWK	C	0.25%	0.01%	0.01%
	AXS	B	0.05%	0.02%	0.02%
	AYI	B	0.07%	0.02%	0.02%
	BAX	C	0.17%	0.03%	0.03%
	BBY	A	0.18%	0.02%	0.02%
	BC	C	0.05%	0.04%	0.04%
	BEN	F	0.05%	0.03%	0.03%
	BG	F	0.12%	0.03%	0.03%
	BHF	F	0.02%	0.04%	0.02%
	BIIB	F	0.25%	0.07%	0.07%
	BK	B	0.46%	0.02%	0.02%
	BR	C	0.21%	0.03%	0.03%
	BRO	C	0.21%	0.03%	0.03%
	BRX	C	0.07%	0.03%	0.03%
	BWA	C	0.07%	0.07%	0.07%
	BXP	C	0.11%	0.03%	0.03%
	CAG	B	0.13%	0.04%	0.04%
	CAH	C	0.23%	0.08%	0.08%
	CBOE	C	0.19%	0.03%	0.03%
	CCI	C	0.43%	0.02%	0.02%
	CFG	D	0.16%	0.02%	0.02%
	CHD	C	0.22%	0.01%	0.01%
	CHH	B	0.03%	0.01%	0.01%
	CHRW	B	0.1%	0.05%	0.05%
	CHTR	D	0.27%	0.06%	0.06%
	CLX	C	0.17%	0.02%	0.02%
	CMA	C	0.07%	0.03%	0.03%
	CMI	B	0.36%	0.05%	0.05%
	CMS	B	0.18%	0.01%	0.01%
	CNA	D	0.01%	0.02%	0.01%
	CNP	C	0.15%	0.02%	0.02%
	CPB	C	0.08%	0.02%	0.02%
	CPT	C	0.11%	0.04%	0.04%
	CSL	B	0.17%	0.02%	0.02%
	CTRA	F	0.15%	0.03%	0.03%
	CTVA	B	0.35%	0.03%	0.03%
	CUBE	C	0.1%	0.04%	0.04%
	DAL	C	0.26%	0.04%	0.04%
	DD	B	0.3%	0.13%	0.13%
	DFS	C	0.31%	0.02%	0.02%
	DG	F	0.16%	0.02%	0.02%
	DGX	B	0.15%	0.05%	0.05%
	DHI	C	0.49%	0.03%	0.03%
	DLR	B	0.44%	0.03%	0.03%
	DLTR	F	0.12%	0.07%	0.07%
	DOC	B	0.13%	0.02%	0.02%
	DOV	B	0.22%	0.02%	0.02%
	DOW	C	0.31%	0.02%	0.02%
	DOX	C	0.09%	0.04%	0.04%
	DRI	C	0.17%	0.03%	0.03%
	DT	C	0.13%	0.26%	0.13%
	DTE	A	0.22%	0.02%	0.02%
	DVN	F	0.22%	0.02%	0.02%
	EA	D	0.32%	0.03%	0.03%
	EBAY	B	0.27%	0.03%	0.03%
	ED	B	0.31%	0.01%	0.01%
	EFX	C	0.32%	0.05%	0.05%
	EIX	B	0.28%	0.02%	0.02%
	EMN	B	0.11%	0.05%	0.05%
	EPR	C	0.03%	0.05%	0.03%
	EQH	C	0.11%	0.1%	0.1%
	EQR	C	0.25%	0.02%	0.02%
	ES	B	0.2%	0.01%	0.01%
	ESS	C	0.17%	0.02%	0.02%
	ETR	A	0.24%	0.01%	0.01%
	EVRG	B	0.12%	0.02%	0.02%
	EXC	B	0.35%	0.01%	0.01%
	EXP	B	0.08%	0.04%	0.04%
	EXPE	C	0.16%	0.03%	0.03%
	EXR	C	0.32%	0.02%	0.02%
	FAF	B	0.06%	0.02%	0.02%
	FANG	F	0.28%	0.03%	0.03%
	FHN	D	0.08%	0.04%	0.04%
	FIS	C	0.41%	0.03%	0.03%
	FITB	B	0.25%	0.05%	0.05%
	FLO	C	0.04%	0.04%	0.04%
	FLS	C	0.05%	0.02%	0.02%
	FMC	B	0.07%	0.03%	0.03%
	FNF	B	0.13%	0.03%	0.03%
	FOXA	B	0.08%	0.03%	0.03%
	FRT	C	0.08%	0.02%	0.02%
	GIS	B	0.36%	0.03%	0.03%
	GL	D	0.08%	0.02%	0.02%
	GLPI	C	0.11%	0.02%	0.02%
	GPC	D	0.16%	0.02%	0.02%
	GPN	D	0.24%	0.05%	0.05%
	GXO	D	0.05%	0.04%	0.04%
	H	B	0.06%	0.02%	0.02%
	HAL	F	0.22%	0.06%	0.06%
	HAS	B	0.08%	0.03%	0.03%
	HBAN	B	0.18%	0.03%	0.03%
	HES	F	0.32%	0.05%	0.05%
	HIG	B	0.29%	0.03%	0.03%
	HII	F	0.09%	0.02%	0.02%
	HIW	C	0.03%	0.03%	0.03%
	HPQ	C	0.29%	0.02%	0.02%
	HR	B	0.06%	0.01%	0.01%
	HRB	C	0.08%	0.01%	0.01%
	HRL	F	0.08%	0.03%	0.03%
	HST	D	0.11%	0.03%	0.03%
	HSY	D	0.24%	0.02%	0.02%
	HUBB	B	0.2%	0.02%	0.02%
	HUM	F	0.32%	0.02%	0.02%
	HUN	C	0.03%	0.02%	0.02%
	IEX	C	0.14%	0.04%	0.04%
	IFF	A	0.22%	0.03%	0.03%
	ILMN	D	0.18%	0.02%	0.02%
	INGR	B	0.08%	0.04%	0.04%
	INVH	D	0.19%	0.03%	0.03%
	IPG	C	0.1%	0.03%	0.03%
	JBL	C	0.11%	0.02%	0.02%
	JEF	C	0.09%	0.02%	0.02%
	JNPR	A	0.11%	0.03%	0.03%
	K	A	0.18%	0.03%	0.03%
	KEX	C	0.06%	0.03%	0.03%
	KEY	C	0.14%	0.08%	0.08%
	KEYS	B	0.23%	0.02%	0.02%
	KIM	C	0.13%	0.01%	0.01%
	KMI	C	0.36%	0.02%	0.02%
	KMPR	D	0.03%	0.01%	0.01%
	KR	B	0.32%	0.03%	0.03%
	KRC	C	0.04%	0.02%	0.02%
	KSS	D	0.02%	0.03%	0.02%
	L	D	0.12%	0.02%	0.02%
	LAZ	B	0.05%	0.01%	0.01%
	LDOS	A	0.18%	0.09%	0.09%
	LEA	D	0.05%	0.01%	0.01%
	LEG	D	0.01%	0.02%	0.01%
	LEN	B	0.37%	0.05%	0.05%
	LEN	B	0.02%	0.05%	0.02%
	LH	D	0.16%	0.06%	0.06%
	LHX	C	0.38%	0.03%	0.03%
	LII	C	0.17%	0.01%	0.01%
	LNC	C	0.04%	0.03%	0.03%
	LNT	A	0.13%	0.02%	0.02%
	LUV	C	0.15%	0.01%	0.01%
	LVS	C	0.13%	0.04%	0.04%
	LYB	D	0.21%	0.02%	0.02%
	MAA	C	0.16%	0.03%	0.03%
	MAS	B	0.16%	0.05%	0.05%
	MHK	B	0.07%	0.01%	0.01%
	MKC	C	0.18%	0.02%	0.02%
	MKL	C	0.17%	0.01%	0.01%
	MLM	D	0.29%	0.02%	0.02%
	MOS	F	0.07%	0.05%	0.05%
	MRO	D	0.13%	0.07%	0.07%
	NDAQ	C	0.26%	0.03%	0.03%
	NEU	D	0.03%	0.02%	0.02%
	NFG	B	0.05%	0.01%	0.01%
	NI	B	0.13%	0.04%	0.04%
	NNN	B	0.07%	0.02%	0.02%
	NOV	F	0.06%	0.03%	0.03%
	NTAP	D	0.22%	0.02%	0.02%
	NTRS	C	0.16%	0.03%	0.03%
	NUE	D	0.3%	0.03%	0.03%
	NVR	B	0.23%	0.05%	0.05%
	NVT	C	0.1%	0.02%	0.02%
	O	B	0.46%	0.05%	0.05%
	OC	C	0.13%	0.05%	0.05%
	OGE	B	0.07%	0.01%	0.01%
	OHI	C	0.09%	0.03%	0.03%
	OKE	C	0.47%	0.02%	0.02%
	OMC	B	0.17%	0.03%	0.03%
	OSK	F	0.06%	0.02%	0.02%
	OTIS	B	0.33%	0.04%	0.04%
	PCG	C	0.37%	0.01%	0.01%
	PEG	B	0.37%	0.02%	0.02%
	PFG	B	0.17%	0.01%	0.01%
	PHM	B	0.25%	0.03%	0.03%
	PKG	B	0.16%	0.06%	0.06%
	PNR	B	0.13%	0.04%	0.04%
	PNW	C	0.09%	0.02%	0.02%
	PPG	C	0.25%	0.02%	0.02%
	PPL	A	0.21%	0.03%	0.03%
	PRU	C	0.37%	0.02%	0.02%
	PWR	B	0.36%	0.05%	0.05%
	QRVO	F	0.08%	0.07%	0.07%
	R	C	0.05%	0.02%	0.02%
	REG	C	0.11%	0.02%	0.02%
	REXR	C	0.09%	0.02%	0.02%
	RGA	C	0.12%	0.02%	0.02%
	RJF	C	0.2%	0.04%	0.04%
	RL	B	0.06%	0.04%	0.04%
	RNR	B	0.12%	0.02%	0.02%
	ROK	D	0.26%	0.02%	0.02%
	ROST	C	0.44%	0.02%	0.02%
	RPM	B	0.13%	0.02%	0.02%
	RPRX	C	0.09%	0.04%	0.04%
	RS	D	0.14%	0.03%	0.03%
	RYN	C	0.04%	0.04%	0.04%
	SF	B	0.08%	0.02%	0.02%
	SJM	C	0.11%	0.02%	0.02%
	SNA	B	0.13%	0.02%	0.02%
	SNX	C	0.08%	0.03%	0.03%
	SON	D	0.05%	0.02%	0.02%
	SPG	B	0.46%	0.03%	0.03%
	STE	B	0.2%	0.05%	0.05%
	STLD	C	0.15%	0.01%	0.01%
	STT	B	0.23%	0.03%	0.03%
	SUI	C	0.15%	0.02%	0.02%
	SWK	B	0.14%	0.02%	0.02%
	SWKS	F	0.13%	0.03%	0.03%
	SYF	C	0.17%	0.04%	0.04%
	SYY	C	0.32%	0.03%	0.03%
	TDY	B	0.17%	0.03%	0.03%
	THG	C	0.04%	0.01%	0.01%
	TKR	C	0.05%	0.02%	0.02%
	TPR	A	0.08%	0.04%	0.04%
	TRMB	C	0.12%	0.05%	0.05%
	TSCO	B	0.25%	0.04%	0.04%
	TSN	D	0.15%	0.13%	0.13%
	TXT	D	0.14%	0.02%	0.02%
	UAL	B	0.15%	0.02%	0.02%
	UDR	C	0.13%	0.02%	0.02%
	UHS	C	0.12%	0.04%	0.04%
	UNM	B	0.07%	0.02%	0.02%
	URI	B	0.45%	0.05%	0.05%
	VFC	B	0.06%	0.02%	0.02%
	VMC	C	0.29%	0.02%	0.02%
	VNO	B	0.06%	0.02%	0.02%
	VNT	F	0.04%	0.03%	0.03%
	VOYA	B	0.07%	0.01%	0.01%
	VRSK	D	0.32%	0.05%	0.05%
	VRSN	C	0.13%	0.05%	0.05%
	VTR	C	0.22%	0.01%	0.01%
	WAB	B	0.27%	0.04%	0.04%
	WBA	F	0.05%	0.02%	0.02%
	WBS	C	0.07%	0.02%	0.02%
	WEC	B	0.26%	0.01%	0.01%
	WHR	C	0.05%	0.02%	0.02%
	WMB	C	0.47%	0.02%	0.02%
	WPC	C	0.12%	0.03%	0.03%
	WTRG	D	0.08%	0.02%	0.02%
	WU	C	0.03%	0.01%	0.01%
	WY	C	0.21%	0.03%	0.03%
	XEL	B	0.31%	0.01%	0.01%
	XRAY	D	0.05%	0.06%	0.05%
	XYL	C	0.28%	0.02%	0.02%
	ZBH	F	0.19%	0.05%	0.05%

IWR Overweight 536 Positions Relative to SCHI

	Symbol	Grade	Weight
	PLTR	C	0.64%
	AJG	D	0.51%
	HLT	B	0.47%
	TTD	B	0.42%
	AMP	B	0.4%
	GWW	B	0.39%
	FICO	B	0.39%
	KVUE	B	0.38%
	PAYX	C	0.37%
	IQV	D	0.37%
	LNG	D	0.36%
	IDXX	D	0.36%
	MPWR	B	0.36%
	MSCI	C	0.36%
	FAST	C	0.35%
	MCHP	D	0.35%
	RCL	B	0.35%
	IR	B	0.34%
	HWM	B	0.34%
	AME	C	0.34%
	FERG	D	0.34%
	CNC	D	0.34%
	GEHC	B	0.34%
	COR	F	0.33%
	ODFL	D	0.33%
	IT	C	0.33%
	VST	B	0.32%
	CBRE	B	0.32%
	SQ	D	0.32%
	CTSH	B	0.32%
	RMD	C	0.31%
	BKR	C	0.31%
	YUM	B	0.31%
	VICI	C	0.3%
	ALNY	C	0.3%
	IRM	C	0.29%
	TRGP	C	0.29%
	COIN	F	0.29%
	VRT	C	0.29%
	GLW	B	0.29%
	DDOG	D	0.29%
	APP	C	0.28%
	CSGP	D	0.27%
	VEEV	C	0.27%
	ON	D	0.26%
	MTB	C	0.26%
	CDW	D	0.26%
	ARES	B	0.25%
	WTW	B	0.25%
	MTD	C	0.25%
	ANSS	D	0.24%
	DXCM	F	0.24%
	AXON	B	0.24%
	CPNG	B	0.24%
	GRMN	D	0.23%
	FTV	C	0.23%
	VLTO	B	0.23%
	FE	B	0.22%
	FSLR	C	0.22%
	TTWO	D	0.22%
	SBAC	C	0.22%
	HUBS	D	0.22%
	HPE	C	0.21%
	TYL	C	0.21%
	SW	B	0.21%
	NET	D	0.21%
	GDDY	C	0.2%
	DECK	C	0.2%
	RBLX	C	0.2%
	FCNCA	D	0.2%
	TROW	C	0.2%
	BLDR	C	0.2%
	COO	C	0.19%
	WDC	C	0.19%
	WST	D	0.19%
	SMCI	F	0.19%
	MSTR	C	0.19%
	MOH	D	0.18%
	EQT	C	0.18%
	CINF	C	0.18%
	PTC	C	0.18%
	CPAY	B	0.18%
	RF	B	0.18%
	ULTA	D	0.17%
	MDB	D	0.17%
	WAT	B	0.17%
	WBD	D	0.17%
	TER	C	0.17%
	BAH	B	0.17%
	EME	B	0.17%
	BALL	C	0.17%
	TRU	B	0.17%
	NRG	B	0.16%
	PINS	D	0.16%
	AVTR	C	0.16%
	J	A	0.16%
	HOLX	D	0.16%
	ZBRA	B	0.16%
	CVNA	B	0.16%
	CCL	C	0.16%
	WSM	C	0.16%
	ALGN	D	0.16%
	MANH	B	0.15%
	WSO	C	0.15%
	BURL	C	0.15%
	EXPD	B	0.15%
	TPL	C	0.15%
	DKNG	C	0.15%
	FDS	C	0.15%
	ZM	C	0.15%
	ZS	F	0.14%
	FWONK	C	0.14%
	LPLA	D	0.14%
	SSNC	C	0.14%
	LYV	A	0.14%
	PODD	C	0.14%
	EG	B	0.14%
	ENTG	D	0.14%
	HEI	C	0.14%
	IP	C	0.14%
	WRB	D	0.14%
	NTNX	D	0.13%
	CF	B	0.13%
	AKAM	D	0.13%
	RVTY	B	0.13%
	HOOD	C	0.13%
	ENPH	D	0.13%
	TOL	A	0.13%
	UTHR	B	0.13%
	PSTG	F	0.13%
	THC	C	0.13%
	FIX	B	0.12%
	CASY	D	0.12%
	VTRS	D	0.12%
	POOL	C	0.12%
	ACM	B	0.12%
	CE	D	0.12%
	JBHT	D	0.12%
	TW	B	0.12%
	ROL	C	0.12%
	IBKR	B	0.12%
	GGG	C	0.12%
	USFD	C	0.12%
	GWRE	B	0.12%
	GEN	A	0.12%
	DPZ	D	0.12%
	NTRA	C	0.12%
	NDSN	C	0.12%
	TTEK	C	0.11%
	WING	C	0.11%
	TOST	C	0.11%
	JLL	B	0.11%
	CW	B	0.11%
	CLH	C	0.11%
	JKHY	B	0.11%
	FND	C	0.11%
	EXAS	D	0.11%
	FFIV	B	0.11%
	XPO	D	0.11%
	BLD	C	0.11%
	ELS	D	0.11%
	BMRN	F	0.11%
	RRX	C	0.1%
	TXRH	B	0.1%
	SCI	C	0.1%
	EWBC	C	0.1%
	TFX	B	0.1%
	COHR	C	0.1%
	SRPT	F	0.1%
	SAIA	D	0.1%
	HEI	C	0.1%
	LAMR	B	0.1%
	DOCU	C	0.1%
	FTI	D	0.1%
	NBIX	F	0.1%
	PFGC	B	0.1%
	DKS	D	0.1%
	KMX	D	0.1%
	ITT	B	0.1%
	OKTA	F	0.1%
	TECH	C	0.1%
	KNSL	D	0.09%
	AOS	B	0.09%
	NWSA	D	0.09%
	WWD	C	0.09%
	ALB	D	0.09%
	LNW	F	0.09%
	LECO	D	0.09%
	ATR	B	0.09%
	AFRM	D	0.09%
	CHK	C	0.09%
	INCY	C	0.09%
	NLY	B	0.09%
	LKQ	F	0.09%
	CRL	F	0.09%
	Z	C	0.09%
	FBIN	B	0.09%
	OVV	F	0.09%
	WMS	D	0.09%
	BJ	D	0.09%
	TWLO	C	0.09%
	CTLT	B	0.09%
	CACI	B	0.09%
	CCK	B	0.09%
	EPAM	F	0.09%
	ORI	B	0.08%
	FYBR	C	0.08%
	DAY	D	0.08%
	TTC	F	0.08%
	EGP	C	0.08%
	NCLH	B	0.08%
	CZR	C	0.08%
	PRI	B	0.08%
	GPK	C	0.08%
	TPX	B	0.08%
	PR	F	0.08%
	HSIC	C	0.08%
	APA	F	0.08%
	EHC	B	0.08%
	MUSA	D	0.08%
	EVR	B	0.08%
	MEDP	F	0.08%
	MTCH	C	0.08%
	BWXT	A	0.08%
	LW	D	0.08%
	WAL	B	0.08%
	RGLD	C	0.08%
	OWL	B	0.08%
	MKTX	D	0.08%
	CNH	C	0.08%
	ALLY	F	0.08%
	CHDN	D	0.08%
	ROKU	D	0.08%
	TAP	D	0.08%
	CG	C	0.08%
	TKO	A	0.08%
	RIVN	F	0.08%
	SOLV	D	0.08%
	CAVA	C	0.08%
	ONTO	C	0.08%
	DUOL	C	0.08%
	OLED	D	0.08%
	ARMK	B	0.08%
	EXEL	C	0.07%
	COKE	C	0.07%
	PNFP	C	0.07%
	BERY	B	0.07%
	AGNC	B	0.07%
	BRBR	B	0.07%
	ATI	C	0.07%
	MTZ	C	0.07%
	ACI	F	0.07%
	AXTA	B	0.07%
	GLOB	D	0.07%
	AR	C	0.07%
	RGEN	F	0.07%
	FCN	C	0.07%
	GMED	D	0.07%
	ITCI	D	0.07%
	ALSN	B	0.07%
	APG	F	0.07%
	SSD	C	0.07%
	BFAM	C	0.07%
	COLD	D	0.07%
	WYNN	C	0.07%
	KNX	C	0.07%
	LAD	B	0.07%
	GME	D	0.07%
	CROX	C	0.07%
	HLI	C	0.07%
	SOFI	D	0.07%
	DVA	B	0.07%
	SKX	C	0.07%
	CNM	F	0.07%
	GNRC	D	0.07%
	RBC	B	0.07%
	CIEN	B	0.07%
	WEX	C	0.07%
	KBR	D	0.07%
	CHRD	F	0.07%
	AA	C	0.07%
	MORN	C	0.07%
	CHE	C	0.07%
	PAYC	D	0.07%
	X	F	0.07%
	DCI	C	0.07%
	MGM	D	0.07%
	NYT	B	0.07%
	RLI	B	0.06%
	SNV	D	0.06%
	MTG	B	0.06%
	RYAN	C	0.06%
	STWD	B	0.06%
	PB	D	0.06%
	MAT	D	0.06%
	BBWI	D	0.06%
	CRUS	D	0.06%
	LBRDK	C	0.06%
	FRPT	C	0.06%
	IONS	F	0.06%
	S	D	0.06%
	AZEK	C	0.06%
	SITE	D	0.06%
	CFR	C	0.06%
	MSA	D	0.06%
	JAZZ	D	0.06%
	RHI	D	0.06%
	CGNX	F	0.06%
	LPX	B	0.06%
	G	C	0.06%
	SMAR	A	0.06%
	SEIC	B	0.06%
	GNTX	D	0.06%
	WFRD	F	0.06%
	ELAN	D	0.06%
	ACHC	D	0.06%
	SAIC	C	0.06%
	ZION	D	0.06%
	MTN	D	0.06%
	WTFC	C	0.06%
	SN	B	0.06%
	BSY	C	0.06%
	STAG	D	0.06%
	PCTY	D	0.06%
	AAON	B	0.06%
	UHAL	B	0.06%
	BPOP	C	0.06%
	PEN	D	0.06%
	LSCC	D	0.06%
	RRC	D	0.06%
	DINO	F	0.06%
	CART	C	0.06%
	PLNT	C	0.06%
	FR	C	0.06%
	WCC	C	0.06%
	MKSI	F	0.06%
	BRKR	D	0.06%
	WSC	D	0.06%
	SWN	C	0.06%
	CBSH	D	0.06%
	VKTX	D	0.06%
	TREX	F	0.06%
	CR	B	0.06%
	MIDD	C	0.06%
	DTM	C	0.06%
	NXST	D	0.05%
	THO	C	0.05%
	ST	D	0.05%
	RARE	C	0.05%
	APPF	C	0.05%
	VVV	D	0.05%
	COLB	B	0.05%
	FOUR	C	0.05%
	PVH	D	0.05%
	CIVI	F	0.05%
	KD	F	0.05%
	CLF	F	0.05%
	OMF	D	0.05%
	BILL	D	0.05%
	PATH	D	0.05%
	MDU	B	0.05%
	VMI	C	0.05%
	POST	B	0.05%
	AWI	B	0.05%
	ESI	C	0.05%
	RITM	D	0.05%
	SRCL	B	0.05%
	MTSI	C	0.05%
	CELH	F	0.05%
	DAR	F	0.05%
	AGCO	D	0.05%
	DBX	C	0.05%
	ESAB	C	0.05%
	ELF	F	0.05%
	SIRI	C	0.05%
	OLLI	C	0.05%
	WH	B	0.05%
	MTDR	F	0.05%
	PARA	D	0.05%
	GTLB	D	0.05%
	U	D	0.05%
	ESTC	F	0.05%
	INSP	D	0.05%
	IVZ	B	0.05%
	ETSY	D	0.05%
	PCOR	D	0.05%
	LFUS	C	0.05%
	AZPN	B	0.05%
	BIO	C	0.05%
	LSTR	D	0.05%
	GAP	F	0.04%
	LITE	B	0.04%
	LOPE	D	0.04%
	M	F	0.04%
	DLB	D	0.04%
	SLGN	B	0.04%
	ASH	F	0.04%
	EEFT	F	0.04%
	WTM	F	0.04%
	PII	D	0.04%
	CPRI	D	0.04%
	BYD	C	0.04%
	CUZ	C	0.04%
	LYFT	D	0.04%
	PSN	B	0.04%
	OZK	F	0.04%
	VNOM	D	0.04%
	HOG	C	0.04%
	SEE	C	0.04%
	SLM	C	0.04%
	HCP	A	0.04%
	FOX	B	0.04%
	WLK	C	0.04%
	W	C	0.04%
	CCCS	D	0.04%
	TPG	C	0.04%
	LINE	F	0.04%
	DOCS	B	0.04%
	CFLT	F	0.04%
	OGN	D	0.04%
	JHG	B	0.04%
	ALK	B	0.04%
	HXL	F	0.04%
	AM	B	0.04%
	FNB	D	0.04%
	ROIV	D	0.04%
	UGI	B	0.04%
	RH	C	0.04%
	IDA	B	0.04%
	OLN	D	0.04%
	MASI	C	0.04%
	FIVE	D	0.04%
	CXT	F	0.03%
	TNL	C	0.03%
	PAG	D	0.03%
	CNXC	F	0.03%
	PEGA	B	0.03%
	PENN	D	0.03%
	ZG	C	0.03%
	WEN	C	0.03%
	FHB	D	0.03%
	AMED	D	0.03%
	LCID	C	0.03%
	NWS	D	0.03%
	NWL	C	0.03%
	ZI	D	0.03%
	SMG	B	0.03%
	NVST	D	0.03%
	PK	D	0.03%
	NSA	C	0.03%
	LBTYK	B	0.03%
	APLS	F	0.03%
	DNB	D	0.03%
	MPW	C	0.03%
	YETI	D	0.03%
	LBTYA	B	0.03%
	IRDM	C	0.03%
	AMKR	F	0.03%
	COTY	D	0.03%
	MAN	C	0.03%
	GTES	C	0.03%
	PRGO	F	0.03%
	BROS	D	0.03%
	SPR	D	0.03%
	MSM	D	0.03%
	MSGS	B	0.03%
	DXC	D	0.03%
	GFS	F	0.03%
	IAC	C	0.03%
	PPC	D	0.02%
	REYN	C	0.02%
	MP	C	0.02%
	BIRK	F	0.02%
	IPGP	D	0.02%
	FTRE	F	0.02%
	FIVN	F	0.02%
	LLYVK	B	0.02%
	PINC	D	0.02%
	VSTS	D	0.02%
	ADT	D	0.02%
	QS	F	0.02%
	HAYW	C	0.02%
	RCM	C	0.02%
	JWN	C	0.02%
	HHH	C	0.02%
	ENOV	F	0.02%
	TXG	D	0.02%
	QDEL	D	0.02%
	CRI	D	0.02%
	CWEN	A	0.02%
	BOKF	C	0.02%
	RNG	F	0.02%
	SAM	D	0.02%
	SHC	C	0.02%
	SPB	B	0.02%
	DV	F	0.02%
	NCNO	F	0.02%
	VAC	D	0.02%
	VIRT	C	0.02%
	RKT	C	0.02%
	AZTA	F	0.02%
	COLM	C	0.02%
	ALGM	D	0.02%
	CC	D	0.02%
	CLVT	D	0.02%
	CACC	F	0.02%
	TDC	D	0.02%
	NFE	F	0.01%
	TFSL	D	0.01%
	DJT	F	0.01%
	LOAR	C	0.01%
	SEB	D	0.01%
	LLYVA	B	0.01%
	AS	C	0.01%
	UWMC	D	0.01%
	UI	B	0.01%
	WOLF	F	0.01%
	LBRDA	C	0.01%
	CWEN	A	0.01%
	PYCR	D	0.01%
	ALAB	C	0.01%
	DDS	D	0.01%
	SNDR	B	0.01%
	CERT	F	0.01%
	CAR	D	0.01%
	UAA	C	0.01%
	UA	C	0.01%
	TRIP	F	0.01%
	GO	F	0.01%
	INFA	D	0.01%
	FWONA	C	0.01%
	SEG	F	0.0%
	PARAA	D	0.0%
	GRAL	F	0.0%
	UHAL	B	0.0%
	PLTK	C	0.0%

IWR Underweight 206 Positions Relative to SCHI

	Symbol	Grade	Weight
	MSFT	C	-0.23%
	AMAT	D	-0.11%
	AXP	B	-0.11%
	MS	B	-0.11%
	TMUS	B	-0.1%
	TD	C	-0.09%
	ABBV	B	-0.09%
	NOW	C	-0.08%
	ARCC	A	-0.07%
	KOF	D	-0.07%
	TT	B	-0.07%
	BMO	C	-0.07%
	CRM	C	-0.07%
	NXPI	D	-0.07%
	NVDA	C	-0.07%
	BABA	B	-0.07%
	T	B	-0.07%
	REGN	D	-0.06%
	INTU	D	-0.06%
	KLAC	D	-0.06%
	CNO	C	-0.06%
	SLB	F	-0.06%
	JD	A	-0.06%
	CB	B	-0.06%
	BIDU	C	-0.06%
	NOC	B	-0.06%
	AMGN	D	-0.06%
	INTC	D	-0.06%
	HCA	B	-0.06%
	DB	B	-0.06%
	GOOGL	D	-0.06%
	NWG	B	-0.06%
	AAPL	C	-0.06%
	GE	C	-0.06%
	AMZN	C	-0.06%
	HSBC	B	-0.06%
	GP	D	-0.05%
	DHR	B	-0.05%
	BDN	C	-0.05%
	CTAS	C	-0.05%
	LRCX	D	-0.05%
	MET	B	-0.05%
	ADP	C	-0.05%
	TGT	C	-0.05%
	TXN	B	-0.05%
	ADBE	F	-0.05%
	MMC	C	-0.05%
	COF	B	-0.05%
	GSK	D	-0.05%
	AER	C	-0.05%
	XOM	D	-0.05%
	VOD	C	-0.05%
	GS	B	-0.05%
	SWX	C	-0.04%
	BNS	B	-0.04%
	ITW	B	-0.04%
	ETN	C	-0.04%
	JCI	B	-0.04%
	EOG	D	-0.04%
	NEM	C	-0.04%
	PSX	F	-0.04%
	FLEX	B	-0.04%
	PAA	D	-0.04%
	VLO	F	-0.04%
	EMR	D	-0.04%
	MU	D	-0.04%
	GILD	B	-0.04%
	MPLX	B	-0.04%
	USB	C	-0.04%
	JNJ	C	-0.04%
	LOW	B	-0.04%
	MO	C	-0.04%
	QCOM	D	-0.04%
	PFE	D	-0.04%
	JPM	D	-0.04%
	CMCSA	C	-0.04%
	BMY	C	-0.04%
	SITC	D	-0.03%
	SCS	D	-0.03%
	MDT	B	-0.03%
	NHI	C	-0.03%
	BNL	B	-0.03%
	HP	F	-0.03%
	AAT	C	-0.03%
	SKT	B	-0.03%
	ADI	C	-0.03%
	MCY	C	-0.03%
	CME	B	-0.03%
	EW	F	-0.03%
	BKU	D	-0.03%
	LIN	B	-0.03%
	ZTS	B	-0.03%
	PGR	C	-0.03%
	NSC	C	-0.03%
	TJX	C	-0.03%
	ESGR	D	-0.03%
	APH	C	-0.03%
	CAT	B	-0.03%
	WELL	C	-0.03%
	CSX	C	-0.03%
	BSX	B	-0.03%
	AON	B	-0.03%
	WM	D	-0.03%
	PSA	C	-0.03%
	EL	D	-0.03%
	ICE	C	-0.03%
	BLK	B	-0.03%
	MDLZ	C	-0.03%
	NKE	D	-0.03%
	CVX	F	-0.03%
	PNC	C	-0.03%
	SHW	B	-0.03%
	GD	C	-0.03%
	MCD	B	-0.03%
	PEP	D	-0.03%
	PG	C	-0.03%
	PYPL	B	-0.03%
	HD	B	-0.03%
	UNH	C	-0.03%
	ABT	C	-0.03%
	BDX	D	-0.03%
	AZN	D	-0.03%
	MRK	F	-0.03%
	WMT	B	-0.03%
	MUFG	D	-0.03%
	ORCL	B	-0.03%
	AVGO	C	-0.03%
	CI	C	-0.03%
	C	C	-0.03%
	BAC	D	-0.03%
	CVS	D	-0.03%
	PDM	C	-0.02%
	SAVE	F	-0.02%
	CBT	B	-0.02%
	SBRA	C	-0.02%
	SAFE	C	-0.02%
	EPRT	B	-0.02%
	OCSL	D	-0.02%
	KMT	B	-0.02%
	LXP	C	-0.02%
	TEL	D	-0.02%
	ADSK	B	-0.02%
	CP	C	-0.02%
	MPC	F	-0.02%
	PM	C	-0.02%
	WRK	C	-0.02%
	MCO	C	-0.02%
	STZ	C	-0.02%
	FDX	D	-0.02%
	MMM	B	-0.02%
	SPGI	C	-0.02%
	TMO	B	-0.02%
	PH	B	-0.02%
	UPS	D	-0.02%
	ORLY	B	-0.02%
	EPD	C	-0.02%
	PLD	C	-0.02%
	APD	B	-0.02%
	MRVL	D	-0.02%
	UNP	D	-0.02%
	SRE	B	-0.02%
	HON	C	-0.02%
	AMT	C	-0.02%
	BKNG	B	-0.02%
	COP	F	-0.02%
	NEE	B	-0.02%
	AIG	D	-0.02%
	MA	B	-0.02%
	CARR	B	-0.02%
	DELL	C	-0.02%
	KDP	B	-0.02%
	COST	C	-0.02%
	DIS	D	-0.02%
	IBM	B	-0.02%
	BA	F	-0.02%
	MCK	F	-0.01%
	OGS	B	-0.01%
	LMT	A	-0.01%
	PSEC	C	-0.01%
	PRE	F	-0.01%
	BKH	B	-0.01%
	HPP	F	-0.01%
	AEP	C	-0.01%
	ROP	C	-0.01%
	AZO	B	-0.01%
	SCHW	D	-0.01%
	KMB	C	-0.01%
	SO	B	-0.01%
	LLY	D	-0.01%
	D	C	-0.01%
	EQIX	B	-0.01%
	DE	A	-0.01%
	DUK	B	-0.01%
	MAR	B	-0.01%
	V	C	-0.01%
	ECL	B	-0.01%
	SYK	C	-0.01%
	GM	C	-0.01%
	SBUX	C	-0.01%
	KO	B	-0.01%
	MSI	B	-0.01%
	TFC	D	-0.01%
	WFC	D	-0.01%
	RTX	B	-0.01%
	VZ	A	-0.01%
	RSG	D	-0.0%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Diagnostics & Research Software - Infrastructure Business Services Oil & Gas E&P Utilities - Regulated Electric Asset Management 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

SCHI: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials REIT - Retail Banks - Regional - US Drug Manufacturers - Major Banks - Global Insurance - Property & Casualty Semiconductors Specialty Retail Asset Management Credit Services Insurance - Life Packaged Foods REIT - Office REIT - Residential Specialty Chemicals Business Services Capital Markets Oil & Gas E&P Aerospace & Defense

Keywords: S&P 500 Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Bank Electricity Dow Jones Component Electronics Insurance Products Banking Aerospace Chemical Computing Investment Bank Mining Financial Products Medicine Plastic Cash Management