IWR vs. USXF ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to iShares ESG Advanced MSCI USA ETF (USXF)

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

$80.48

Average Daily Volume

1,013,608

Number of Holdings ^*

805

* may have additional holdings in another (foreign) market

USXF

iShares ESG Advanced MSCI USA ETF

USXF Description

The investment seeks to track the investment results of the MSCI USA Choice ESG Screened Index (the “underlying index”). The underlying index is a free float-adjusted market capitalization-weighted index designed to reflect the equity performance of large- and mid-capitalization U.S. companies with favorable environmental, social and governance (“ESG”) ratings while applying extensive screens, including removing fossil fuel exposure. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.58

Average Daily Volume

66,792

Number of Holdings ^*

355

* may have additional holdings in another (foreign) market

Performance

Period	IWR	USXF
30 Days	0.62%	2.96%
60 Days	0.38%	7.53%
90 Days	-3.33%	3.17%
12 Months	13.65%	30.88%

257 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in USXF	Overlap
	A	D	0.35%	0.2%	0.2%
	ACGL	B	0.33%	0.2%	0.2%
	ACM	D	0.11%	0.06%	0.06%
	AFL	B	0.47%	0.25%	0.25%
	AIZ	D	0.08%	0.05%	0.05%
	AJG	B	0.51%	0.3%	0.3%
	AKAM	F	0.12%	0.07%	0.07%
	ALGN	F	0.17%	0.09%	0.09%
	ALLE	C	0.09%	0.05%	0.05%
	ALLY	B	0.1%	0.06%	0.06%
	ALNY	B	0.28%	0.1%	0.1%
	AME	D	0.35%	0.2%	0.2%
	AMH	A	0.11%	0.06%	0.06%
	AMP	C	0.39%	0.23%	0.23%
	ANSS	D	0.25%	0.15%	0.15%
	AOS	D	0.09%	0.05%	0.05%
	APH	B	0.71%	0.43%	0.43%
	APO	A	0.56%	0.24%	0.24%
	APTV	F	0.17%	0.1%	0.1%
	ARE	C	0.18%	0.09%	0.09%
	AVB	A	0.27%	0.15%	0.15%
	AVTR	F	0.13%	0.08%	0.08%
	AVY	C	0.16%	0.09%	0.09%
	AWK	B	0.23%	0.13%	0.13%
	AXON	C	0.19%	0.11%	0.11%
	AZPN	C	0.05%	0.03%	0.03%
	BAH	B	0.18%	0.1%	0.1%
	BALL	D	0.17%	0.1%	0.1%
	BBWI	F	0.08%	0.05%	0.05%
	BBY	B	0.15%	0.09%	0.09%
	BEN	D	0.06%	0.03%	0.03%
	BIIB	C	0.3%	0.17%	0.17%
	BIO	F	0.05%	0.03%	0.03%
	BK	A	0.41%	0.23%	0.23%
	BLDR	F	0.15%	0.09%	0.09%
	BMRN	C	0.14%	0.08%	0.08%
	BR	C	0.21%	0.12%	0.12%
	BRO	B	0.19%	0.12%	0.12%
	BSY	D	0.09%	0.04%	0.04%
	BXP	B	0.09%	0.05%	0.05%
	CAG	D	0.12%	0.07%	0.07%
	CBRE	B	0.24%	0.14%	0.14%
	CCK	F	0.07%	0.05%	0.05%
	CDW	D	0.27%	0.16%	0.16%
	CF	D	0.13%	0.07%	0.07%
	CFLT	C	0.05%	0.03%	0.03%
	CG	C	0.08%	0.05%	0.05%
	CHD	C	0.23%	0.14%	0.14%
	CHRW	B	0.09%	0.05%	0.05%
	CLF	D	0.07%	0.04%	0.04%
	CLX	D	0.15%	0.09%	0.09%
	CMI	D	0.35%	0.2%	0.2%
	CNH	F	0.09%	0.05%	0.05%
	COO	D	0.15%	0.09%	0.09%
	CPB	C	0.08%	0.04%	0.04%
	CPRT	C	0.43%	0.24%	0.24%
	CPT	A	0.1%	0.06%	0.06%
	CRL	F	0.1%	0.06%	0.06%
	CRWD	B	0.75%	0.45%	0.45%
	CSL	C	0.18%	0.1%	0.1%
	CTAS	B	0.56%	0.33%	0.33%
	CTLT	B	0.09%	0.05%	0.05%
	CTSH	C	0.31%	0.17%	0.17%
	DASH	D	0.31%	0.16%	0.16%
	DAY	F	0.07%	0.04%	0.04%
	DDOG	B	0.32%	0.17%	0.17%
	DECK	B	0.23%	0.13%	0.13%
	DFS	A	0.28%	0.17%	0.17%
	DGX	D	0.14%	0.08%	0.08%
	DHI	D	0.39%	0.22%	0.22%
	DLR	A	0.42%	0.24%	0.24%
	DLTR	F	0.2%	0.11%	0.11%
	DOC	B	0.12%	0.07%	0.07%
	DOCU	D	0.1%	0.06%	0.06%
	DOV	B	0.23%	0.13%	0.13%
	DPZ	B	0.16%	0.09%	0.09%
	DRI	C	0.16%	0.1%	0.1%
	DT	F	0.1%	0.06%	0.06%
	DVA	C	0.07%	0.04%	0.04%
	DXCM	F	0.4%	0.23%	0.23%
	EA	B	0.34%	0.18%	0.18%
	EBAY	B	0.25%	0.14%	0.14%
	EG	B	0.15%	0.09%	0.09%
	EME	C	0.16%	0.09%	0.09%
	ENPH	F	0.13%	0.08%	0.08%
	ENTG	B	0.18%	0.1%	0.1%
	EPAM	D	0.09%	0.05%	0.05%
	ETSY	F	0.06%	0.04%	0.04%
	EXAS	F	0.07%	0.04%	0.04%
	EXPD	B	0.17%	0.09%	0.09%
	FAST	F	0.33%	0.19%	0.19%
	FBIN	F	0.08%	0.04%	0.04%
	FDS	D	0.14%	0.08%	0.08%
	FERG	D	0.36%	0.21%	0.21%
	FFIV	C	0.09%	0.05%	0.05%
	FICO	A	0.33%	0.18%	0.18%
	FIS	B	0.4%	0.23%	0.23%
	FSLR	C	0.24%	0.14%	0.14%
	FTV	D	0.24%	0.13%	0.13%
	GDDY	B	0.18%	0.1%	0.1%
	GEN	B	0.12%	0.07%	0.07%
	GLW	B	0.27%	0.17%	0.17%
	GPC	D	0.17%	0.1%	0.1%
	GPN	D	0.22%	0.13%	0.13%
	GRMN	B	0.23%	0.13%	0.13%
	GWW	D	0.36%	0.21%	0.21%
	H	B	0.06%	0.04%	0.04%
	HBAN	C	0.17%	0.09%	0.09%
	HIG	B	0.28%	0.16%	0.16%
	HLT	A	0.49%	0.28%	0.28%
	HOLX	C	0.16%	0.09%	0.09%
	HPE	B	0.25%	0.14%	0.14%
	HRL	F	0.08%	0.05%	0.05%
	HSIC	F	0.08%	0.04%	0.04%
	HST	D	0.11%	0.07%	0.07%
	HUBB	D	0.18%	0.11%	0.11%
	HUBS	C	0.25%	0.14%	0.14%
	HWM	C	0.27%	0.16%	0.16%
	IDXX	D	0.37%	0.21%	0.21%
	IEX	D	0.14%	0.08%	0.08%
	IFF	B	0.22%	0.13%	0.13%
	ILMN	F	0.15%	0.09%	0.09%
	INCY	B	0.1%	0.05%	0.05%
	INVH	A	0.2%	0.11%	0.11%
	IP	B	0.14%	0.08%	0.08%
	IPG	F	0.1%	0.06%	0.06%
	IQV	F	0.35%	0.2%	0.2%
	IR	C	0.33%	0.19%	0.19%
	IRM	A	0.21%	0.13%	0.13%
	IT	B	0.31%	0.18%	0.18%
	JBHT	F	0.12%	0.07%	0.07%
	JBL	F	0.12%	0.07%	0.07%
	JKHY	B	0.11%	0.06%	0.06%
	JNPR	B	0.1%	0.06%	0.06%
	K	D	0.14%	0.08%	0.08%
	KEY	C	0.12%	0.07%	0.07%
	KEYS	D	0.21%	0.12%	0.12%
	KIM	B	0.11%	0.07%	0.07%
	KMX	B	0.11%	0.06%	0.06%
	KNX	C	0.07%	0.04%	0.04%
	LII	B	0.16%	0.09%	0.09%
	LKQ	F	0.1%	0.06%	0.06%
	LPLA	B	0.19%	0.11%	0.11%
	LSCC	F	0.07%	0.04%	0.04%
	LW	F	0.11%	0.06%	0.06%
	MAA	B	0.15%	0.08%	0.08%
	MANH	B	0.14%	0.07%	0.07%
	MAS	D	0.14%	0.08%	0.08%
	MCHP	C	0.43%	0.25%	0.25%
	MDB	F	0.15%	0.08%	0.08%
	MKC	D	0.16%	0.09%	0.09%
	MKTX	F	0.07%	0.04%	0.04%
	MLM	D	0.3%	0.17%	0.17%
	MOH	F	0.16%	0.09%	0.09%
	MOS	D	0.09%	0.05%	0.05%
	MPWR	B	0.34%	0.21%	0.21%
	MRVL	C	0.53%	0.33%	0.33%
	MTB	B	0.22%	0.13%	0.13%
	MTD	B	0.27%	0.16%	0.16%
	NBIX	C	0.12%	0.07%	0.07%
	NDAQ	C	0.2%	0.12%	0.12%
	NDSN	D	0.12%	0.06%	0.06%
	NLY	B	0.09%	0.05%	0.05%
	NTAP	A	0.24%	0.14%	0.14%
	NTRS	C	0.15%	0.09%	0.09%
	NVR	C	0.2%	0.12%	0.12%
	OC	C	0.14%	0.08%	0.08%
	ODFL	D	0.31%	0.18%	0.18%
	OKTA	C	0.13%	0.07%	0.07%
	OMC	D	0.16%	0.09%	0.09%
	ON	F	0.27%	0.15%	0.15%
	OTIS	B	0.36%	0.2%	0.2%
	PATH	F	0.04%	0.03%	0.03%
	PAYC	F	0.07%	0.04%	0.04%
	PAYX	D	0.34%	0.21%	0.21%
	PCAR	D	0.48%	0.29%	0.29%
	PCTY	F	0.05%	0.03%	0.03%
	PFG	D	0.17%	0.1%	0.1%
	PH	C	0.58%	0.34%	0.34%
	PHM	D	0.21%	0.12%	0.12%
	PKG	B	0.15%	0.09%	0.09%
	PNR	D	0.11%	0.07%	0.07%
	PODD	C	0.13%	0.07%	0.07%
	POOL	F	0.11%	0.07%	0.07%
	PPG	D	0.27%	0.16%	0.16%
	PRU	B	0.39%	0.22%	0.22%
	PSTG	B	0.17%	0.11%	0.11%
	PTC	C	0.19%	0.11%	0.11%
	PWR	C	0.35%	0.21%	0.21%
	QRVO	B	0.1%	0.06%	0.06%
	RCL	A	0.34%	0.19%	0.19%
	REG	B	0.1%	0.06%	0.06%
	RF	C	0.16%	0.09%	0.09%
	RGEN	D	0.06%	0.03%	0.03%
	RJF	C	0.21%	0.12%	0.12%
	RMD	D	0.25%	0.16%	0.16%
	ROK	D	0.28%	0.15%	0.15%
	ROL	B	0.11%	0.07%	0.07%
	ROST	B	0.44%	0.26%	0.26%
	RPM	D	0.12%	0.07%	0.07%
	RPRX	F	0.09%	0.05%	0.05%
	RS	D	0.15%	0.08%	0.08%
	RSG	A	0.37%	0.22%	0.22%
	RVTY	D	0.12%	0.07%	0.07%
	SBAC	D	0.19%	0.11%	0.11%
	SJM	F	0.1%	0.06%	0.06%
	SNA	D	0.12%	0.07%	0.07%
	SPG	B	0.44%	0.25%	0.25%
	STE	C	0.19%	0.11%	0.11%
	STLD	C	0.17%	0.1%	0.1%
	STT	C	0.2%	0.11%	0.11%
	SWK	F	0.11%	0.07%	0.07%
	SWKS	B	0.15%	0.09%	0.09%
	SYF	A	0.16%	0.09%	0.09%
	TDY	D	0.16%	0.09%	0.09%
	TECH	D	0.1%	0.06%	0.06%
	TER	B	0.21%	0.12%	0.12%
	TFX	D	0.09%	0.05%	0.05%
	TOST	B	0.09%	0.05%	0.05%
	TRMB	C	0.12%	0.07%	0.07%
	TROW	B	0.23%	0.14%	0.14%
	TRU	C	0.13%	0.07%	0.07%
	TSCO	C	0.26%	0.16%	0.16%
	TT	B	0.69%	0.39%	0.39%
	TTC	B	0.09%	0.05%	0.05%
	TWLO	D	0.09%	0.05%	0.05%
	TYL	A	0.19%	0.1%	0.1%
	U	F	0.04%	0.02%	0.02%
	UHAL	D	0.05%	0.03%	0.03%
	UHAL	D	0.0%	0.03%	0.0%
	ULTA	F	0.17%	0.09%	0.09%
	URI	C	0.38%	0.22%	0.22%
	UTHR	A	0.13%	0.07%	0.07%
	VEEV	F	0.24%	0.15%	0.15%
	VMC	D	0.3%	0.17%	0.17%
	VRSK	A	0.35%	0.2%	0.2%
	VRSN	C	0.14%	0.08%	0.08%
	VRT	D	0.27%	0.17%	0.17%
	VTR	A	0.18%	0.1%	0.1%
	WAB	D	0.26%	0.15%	0.15%
	WAT	F	0.15%	0.09%	0.09%
	WBA	F	0.08%	0.06%	0.06%
	WBD	D	0.15%	0.08%	0.08%
	WDC	B	0.23%	0.13%	0.13%
	WELL	A	0.52%	0.3%	0.3%
	WLK	D	0.04%	0.03%	0.03%
	WPC	D	0.11%	0.06%	0.06%
	WRK	D	0.12%	0.07%	0.07%
	WSM	C	0.17%	0.1%	0.1%
	WSO	C	0.14%	0.08%	0.08%
	WST	D	0.22%	0.12%	0.12%
	WTW	B	0.25%	0.14%	0.14%
	XYL	C	0.29%	0.17%	0.17%
	YUM	D	0.34%	0.2%	0.2%
	ZBH	D	0.21%	0.11%	0.11%
	ZBRA	C	0.14%	0.08%	0.08%
	ZS	C	0.15%	0.08%	0.08%

IWR Overweight 548 Positions Relative to USXF

	Symbol	Grade	Weight
	KKR	B	0.64%
	TDG	C	0.62%
	CEG	C	0.6%
	PSX	D	0.56%
	CARR	B	0.48%
	WMB	A	0.47%
	PLTR	B	0.44%
	OKE	B	0.43%
	O	D	0.4%
	SPOT	B	0.4%
	TTD	A	0.39%
	ALL	D	0.38%
	HES	D	0.37%
	LNG	B	0.37%
	COR	C	0.35%
	COIN	C	0.35%
	MSCI	F	0.34%
	CTVA	C	0.34%
	NUE	D	0.34%
	LEN	D	0.33%
	PEG	B	0.33%
	SQ	D	0.32%
	FANG	C	0.32%
	PCG	D	0.32%
	BKR	B	0.31%
	DD	B	0.31%
	EXR	B	0.3%
	KR	D	0.29%
	VST	C	0.28%
	ED	D	0.28%
	DAL	D	0.28%
	EFX	B	0.27%
	VICI	C	0.27%
	XEL	D	0.27%
	CSGP	D	0.27%
	HPQ	B	0.27%
	DVN	C	0.27%
	NU	A	0.27%
	HAL	D	0.27%
	TRGP	A	0.26%
	EIX	D	0.25%
	TTWO	B	0.24%
	EQR	A	0.23%
	ICLR	C	0.23%
	PINS	B	0.23%
	NET	B	0.22%
	FITB	C	0.22%
	CAH	D	0.22%
	LYB	C	0.22%
	WEC	D	0.22%
	ETR	C	0.21%
	ARES	D	0.21%
	DTE	C	0.21%
	CPNG	D	0.21%
	PPL	D	0.19%
	WY	F	0.19%
	MKL	C	0.19%
	FE	D	0.19%
	CNP	A	0.18%
	ES	F	0.18%
	CTRA	D	0.18%
	LDOS	B	0.18%
	FCNCA	C	0.17%
	CCL	B	0.17%
	AEE	D	0.17%
	CPAY	D	0.17%
	LH	C	0.16%
	ESS	B	0.16%
	CMS	D	0.16%
	RBLX	B	0.16%
	J	D	0.16%
	ATO	B	0.16%
	NRG	C	0.16%
	CINF	C	0.16%
	CFG	C	0.15%
	EXPE	C	0.15%
	MRO	B	0.15%
	APP	B	0.15%
	LUV	B	0.15%
	TXT	D	0.15%
	BAX	F	0.15%
	ZM	D	0.14%
	BURL	B	0.14%
	DKNG	D	0.14%
	BG	B	0.14%
	TSN	C	0.14%
	UAL	D	0.14%
	WRB	C	0.14%
	L	D	0.13%
	THC	B	0.13%
	RBA	B	0.13%
	FWONK	B	0.13%
	AMCR	C	0.13%
	SRPT	B	0.13%
	LYV	C	0.13%
	HOOD	B	0.13%
	CASY	B	0.13%
	HEI	B	0.13%
	SUI	C	0.13%
	IBKR	B	0.12%
	AES	D	0.12%
	LNT	C	0.12%
	GGG	D	0.12%
	CE	F	0.12%
	EQT	D	0.12%
	UDR	B	0.12%
	SSNC	B	0.12%
	TPL	B	0.12%
	RGA	B	0.12%
	NTNX	D	0.12%
	RNR	C	0.11%
	BJ	B	0.11%
	CLH	B	0.11%
	ELS	B	0.11%
	TXRH	B	0.11%
	EQH	B	0.11%
	XPO	D	0.11%
	EVRG	C	0.11%
	MGM	B	0.11%
	TOL	D	0.11%
	OVV	C	0.11%
	NTRA	B	0.11%
	NI	B	0.11%
	USFD	B	0.11%
	BLD	D	0.11%
	SAIA	B	0.11%
	TW	C	0.11%
	DKS	B	0.11%
	NVT	D	0.11%
	VTRS	D	0.11%
	WING	A	0.11%
	LECO	D	0.1%
	FND	F	0.1%
	NWSA	A	0.1%
	ITT	C	0.1%
	WWD	C	0.1%
	APA	D	0.1%
	WMS	D	0.1%
	FNF	C	0.1%
	GWRE	A	0.1%
	FTI	C	0.1%
	ALB	F	0.1%
	UHS	B	0.1%
	GLPI	B	0.1%
	TTEK	C	0.1%
	EMN	C	0.1%
	ATR	D	0.09%
	WTRG	C	0.09%
	TPR	B	0.09%
	CACI	B	0.09%
	JLL	B	0.09%
	OLED	A	0.09%
	HII	D	0.09%
	RIVN	C	0.09%
	MEDP	B	0.09%
	CHDN	A	0.09%
	EWBC	C	0.09%
	CUBE	B	0.09%
	CHK	D	0.09%
	HEI	B	0.09%
	LAMR	A	0.09%
	SCI	B	0.09%
	PFGC	D	0.09%
	CW	B	0.09%
	OHI	A	0.08%
	ACI	F	0.08%
	FHN	C	0.08%
	PRI	B	0.08%
	MTCH	F	0.08%
	FOXA	A	0.08%
	KNSL	F	0.08%
	DINO	D	0.08%
	EHC	B	0.08%
	CNM	D	0.08%
	KBR	C	0.08%
	PNW	C	0.08%
	MKSI	B	0.08%
	DCI	D	0.08%
	BWXT	B	0.08%
	ARMK	A	0.08%
	CROX	B	0.08%
	TAP	F	0.08%
	JEF	A	0.08%
	AFG	D	0.08%
	RRX	F	0.08%
	DOX	D	0.08%
	QGEN	D	0.08%
	MUSA	B	0.08%
	AR	D	0.08%
	ESTC	B	0.08%
	COHR	B	0.08%
	WYNN	D	0.08%
	SKX	B	0.08%
	REXR	C	0.08%
	FMC	D	0.07%
	UNM	C	0.07%
	Z	C	0.07%
	FCN	C	0.07%
	AAL	F	0.07%
	EXP	D	0.07%
	SWN	D	0.07%
	GLOB	D	0.07%
	NOV	B	0.07%
	WEX	D	0.07%
	ROKU	D	0.07%
	AYI	D	0.07%
	AXTA	D	0.07%
	BWA	F	0.07%
	MORN	C	0.07%
	INGR	D	0.07%
	HAS	C	0.07%
	RBC	C	0.07%
	TPX	D	0.07%
	NNN	A	0.07%
	HRB	A	0.07%
	EGP	B	0.07%
	GNTX	D	0.07%
	RRC	D	0.07%
	SNX	C	0.07%
	NCLH	B	0.07%
	SF	A	0.07%
	CHE	D	0.07%
	ORI	C	0.07%
	GPK	D	0.07%
	CGNX	C	0.07%
	CZR	C	0.07%
	FRT	C	0.07%
	TREX	F	0.07%
	NYT	A	0.07%
	OWL	C	0.07%
	GNRC	D	0.07%
	GMED	A	0.07%
	X	D	0.07%
	RGLD	C	0.07%
	CELH	F	0.07%
	SAIC	D	0.06%
	OLLI	B	0.06%
	FIVE	F	0.06%
	ACHC	D	0.06%
	ZION	C	0.06%
	ADC	B	0.06%
	BFAM	C	0.06%
	LFUS	C	0.06%
	AGCO	F	0.06%
	SOFI	D	0.06%
	FLS	C	0.06%
	FR	C	0.06%
	LBRDK	C	0.06%
	PLNT	B	0.06%
	FYBR	B	0.06%
	HR	B	0.06%
	PEN	D	0.06%
	PVH	F	0.06%
	STAG	B	0.06%
	BRKR	F	0.06%
	SEIC	D	0.06%
	JAZZ	F	0.06%
	ARW	F	0.06%
	LSTR	B	0.06%
	RHI	F	0.06%
	LEA	F	0.06%
	CBSH	C	0.06%
	WAL	C	0.06%
	ALSN	C	0.06%
	MIDD	F	0.06%
	AGNC	B	0.06%
	TKO	B	0.06%
	IONS	B	0.06%
	GME	C	0.06%
	MTN	D	0.06%
	MTZ	C	0.06%
	HLI	A	0.06%
	LAD	D	0.06%
	CRUS	A	0.06%
	BRX	B	0.06%
	BERY	D	0.06%
	MSA	B	0.06%
	DTM	A	0.06%
	OSK	C	0.06%
	AFRM	F	0.06%
	CIEN	C	0.06%
	CR	B	0.06%
	VOYA	D	0.06%
	AA	C	0.06%
	EXEL	B	0.06%
	EVR	A	0.06%
	RL	B	0.06%
	WCC	F	0.06%
	ELAN	C	0.06%
	WBS	D	0.06%
	WSC	F	0.06%
	KEX	B	0.06%
	OGE	C	0.06%
	GL	C	0.06%
	COLD	C	0.06%
	AL	C	0.05%
	AWI	D	0.05%
	AM	B	0.05%
	SON	F	0.05%
	MDU	B	0.05%
	M	C	0.05%
	ALK	D	0.05%
	PCOR	D	0.05%
	NXST	C	0.05%
	BILL	F	0.05%
	AMG	C	0.05%
	RITM	D	0.05%
	OGN	B	0.05%
	PB	C	0.05%
	POST	C	0.05%
	LPX	C	0.05%
	SRCL	B	0.05%
	XRAY	F	0.05%
	ESAB	D	0.05%
	OMF	C	0.05%
	HXL	F	0.05%
	R	B	0.05%
	IVZ	D	0.05%
	FAF	D	0.05%
	SITE	F	0.05%
	WHR	C	0.05%
	SNV	A	0.05%
	VVV	B	0.05%
	AXS	B	0.05%
	SMAR	B	0.05%
	FRPT	B	0.05%
	ST	D	0.05%
	STWD	C	0.05%
	RLI	D	0.05%
	RYAN	B	0.05%
	G	D	0.05%
	MHK	C	0.05%
	MASI	C	0.05%
	OLN	F	0.05%
	VMI	B	0.05%
	DBX	D	0.05%
	CMA	C	0.05%
	MAT	F	0.05%
	AIRC	A	0.05%
	DAR	D	0.05%
	XP	F	0.05%
	GXO	D	0.05%
	WTFC	C	0.05%
	PNFP	C	0.05%
	MTG	B	0.05%
	CFR	C	0.05%
	VNT	D	0.05%
	KD	B	0.05%
	PARA	D	0.05%
	AZEK	D	0.05%
	ESI	B	0.05%
	WH	C	0.05%
	BPOP	C	0.05%
	BYD	D	0.04%
	BEPC	C	0.04%
	COLB	D	0.04%
	INSP	F	0.04%
	FOUR	B	0.04%
	LAZ	C	0.04%
	LOPE	C	0.04%
	APLS	F	0.04%
	FLO	D	0.04%
	HOG	D	0.04%
	PII	F	0.04%
	RYN	D	0.04%
	OZK	D	0.04%
	FOX	A	0.04%
	AGO	C	0.04%
	W	D	0.04%
	THG	C	0.04%
	SEE	D	0.04%
	CAVA	B	0.04%
	AN	D	0.04%
	WTM	B	0.04%
	GTLB	D	0.04%
	CCCS	D	0.04%
	SLM	C	0.04%
	JHG	B	0.04%
	VNO	B	0.04%
	LNC	B	0.04%
	DLB	D	0.04%
	AVT	C	0.04%
	GPS	C	0.04%
	IDA	C	0.04%
	LYFT	D	0.04%
	GFS	C	0.04%
	ASH	D	0.04%
	EEFT	D	0.04%
	UGI	C	0.04%
	FNB	C	0.04%
	THO	D	0.04%
	VFC	C	0.04%
	TKR	D	0.04%
	NFG	D	0.04%
	BC	F	0.04%
	S	D	0.04%
	MPW	F	0.03%
	CNXC	D	0.03%
	SMG	D	0.03%
	WU	D	0.03%
	SAM	C	0.03%
	PENN	C	0.03%
	BHF	D	0.03%
	AZTA	D	0.03%
	WOLF	F	0.03%
	PAG	D	0.03%
	WEN	F	0.03%
	RUN	D	0.03%
	GTES	D	0.03%
	VAC	D	0.03%
	CXT	B	0.03%
	TPG	D	0.03%
	AMED	F	0.03%
	NSA	B	0.03%
	PK	C	0.03%
	CACC	C	0.03%
	FIVN	F	0.03%
	TNL	B	0.03%
	EPR	B	0.03%
	DOCS	B	0.03%
	NEU	F	0.03%
	HCP	A	0.03%
	LSXMK	D	0.03%
	LITE	B	0.03%
	IRDM	F	0.03%
	TDC	D	0.03%
	NWS	A	0.03%
	MAN	F	0.03%
	CC	F	0.03%
	YETI	D	0.03%
	PRGO	F	0.03%
	CUZ	C	0.03%
	SLGN	D	0.03%
	IAC	D	0.03%
	CHH	B	0.03%
	KMPR	C	0.03%
	RARE	D	0.03%
	MSGS	C	0.03%
	DXC	C	0.03%
	MSM	D	0.03%
	KRC	D	0.03%
	CPRI	D	0.03%
	RH	D	0.03%
	AAP	F	0.03%
	HUN	F	0.03%
	SPR	B	0.03%
	ZI	F	0.03%
	COTY	D	0.03%
	ROIV	D	0.03%
	CERT	D	0.02%
	QS	F	0.02%
	TDOC	F	0.02%
	NATL	B	0.02%
	LLYVK	C	0.02%
	SIRI	F	0.02%
	FTRE	D	0.02%
	QDEL	F	0.02%
	PHIN	D	0.02%
	TXG	F	0.02%
	NVCR	D	0.02%
	LEN	D	0.02%
	RCM	B	0.02%
	TRIP	D	0.02%
	AGL	D	0.02%
	CABO	F	0.02%
	VIRT	C	0.02%
	IART	C	0.02%
	ADT	B	0.02%
	CAR	F	0.02%
	LCID	F	0.02%
	ALGM	D	0.02%
	GO	D	0.02%
	CWEN	C	0.02%
	NYCB	F	0.02%
	CRI	F	0.02%
	PINC	F	0.02%
	NCNO	C	0.02%
	HHH	F	0.02%
	RNG	D	0.02%
	ENOV	D	0.02%
	ICUI	B	0.02%
	NWL	F	0.02%
	JWN	B	0.02%
	ZG	C	0.02%
	BOKF	C	0.02%
	DNB	D	0.02%
	IPGP	D	0.02%
	PEGA	C	0.02%
	AGR	C	0.02%
	SPB	C	0.02%
	KSS	D	0.02%
	TNDM	D	0.02%
	CLVT	D	0.02%
	FHB	C	0.02%
	DV	F	0.02%
	NVST	F	0.02%
	HIW	B	0.02%
	COLM	D	0.02%
	MCW	C	0.01%
	TFSL	C	0.01%
	SEB	D	0.01%
	UI	B	0.01%
	CART	F	0.01%
	UWMC	C	0.01%
	LLYVA	C	0.01%
	MRVI	D	0.01%
	DRVN	D	0.01%
	PYCR	F	0.01%
	CWEN	C	0.01%
	SSRM	F	0.01%
	LBRDA	C	0.01%
	HE	F	0.01%
	KLG	F	0.01%
	PTON	D	0.01%
	AMC	D	0.01%
	CNA	A	0.01%
	PLUG	F	0.01%
	UAA	D	0.01%
	SNDR	B	0.01%
	MP	F	0.01%
	BIRK	B	0.01%
	UA	D	0.01%
	INFA	B	0.01%
	NFE	D	0.01%
	VSCO	F	0.01%
	LEG	F	0.01%
	MRCY	F	0.01%
	VSTS	D	0.01%
	SHC	C	0.01%
	FWONA	C	0.01%
	VSAT	F	0.01%
	PPC	A	0.01%
	REYN	C	0.01%
	VYX	F	0.01%
	LSXMA	D	0.01%
	HAYW	F	0.01%
	RKT	C	0.01%
	RNAC	C	0.0%
	PLTK	F	0.0%
	PARAA	D	0.0%
	OLPX	D	0.0%
	WOOF	C	0.0%
	NLOP	B	0.0%
	GRAL	D	0.0%
	AMBP	D	0.0%
	HTZ	F	0.0%
	DNA	F	0.0%
	CHPT	F	0.0%

IWR Underweight 99 Positions Relative to USXF

	Symbol	Grade	Weight
	NVDA	B	-16.9%
	AVGO	C	-3.95%
	V	D	-2.26%
	MA	D	-1.95%
	HD	B	-1.81%
	AMD	B	-1.35%
	QCOM	C	-1.24%
	ADBE	B	-1.21%
	LIN	B	-1.1%
	AMAT	B	-1.03%
	TXN	B	-0.91%
	DHR	D	-0.9%
	INTU	B	-0.89%
	VZ	B	-0.87%
	AMGN	B	-0.86%
	MU	C	-0.83%
	CMCSA	C	-0.78%
	NOW	B	-0.78%
	SPGI	B	-0.73%
	LRCX	B	-0.72%
	BKNG	A	-0.7%
	AXP	C	-0.69%
	ETN	D	-0.67%
	LOW	D	-0.67%
	INTC	F	-0.67%
	TJX	A	-0.65%
	PGR	D	-0.64%
	ELV	A	-0.64%
	VRTX	B	-0.63%
	MS	B	-0.62%
	BLK	B	-0.6%
	SYK	B	-0.6%
	ADI	B	-0.59%
	KLAC	B	-0.58%
	REGN	B	-0.58%
	SCHW	C	-0.57%
	CB	C	-0.56%
	MMC	B	-0.55%
	PANW	B	-0.52%
	PLD	C	-0.52%
	DE	D	-0.52%
	ADP	D	-0.52%
	SNPS	B	-0.48%
	ANET	A	-0.47%
	AMT	B	-0.47%
	FI	D	-0.46%
	CDNS	B	-0.45%
	WM	A	-0.43%
	ICE	A	-0.41%
	ZTS	C	-0.4%
	ITW	D	-0.38%
	SHW	D	-0.38%
	CME	D	-0.37%
	MELI	B	-0.37%
	EQIX	C	-0.37%
	MCO	A	-0.36%
	HCA	C	-0.35%
	NXPI	B	-0.35%
	TGT	D	-0.34%
	ORLY	B	-0.33%
	USB	C	-0.32%
	PYPL	F	-0.31%
	ROP	A	-0.31%
	APD	D	-0.31%
	PNC	C	-0.31%
	AON	C	-0.3%
	EW	B	-0.28%
	AZO	B	-0.27%
	ADSK	B	-0.27%
	CRH	D	-0.27%
	COF	C	-0.27%
	NEM	B	-0.26%
	AIG	D	-0.26%
	GEV	B	-0.25%
	TRV	D	-0.25%
	TFC	C	-0.25%
	PSA	B	-0.24%
	TEL	B	-0.24%
	MRNA	D	-0.23%
	WCN	A	-0.23%
	WDAY	D	-0.23%
	CCI	C	-0.22%
	HUM	C	-0.22%
	SNOW	D	-0.2%
	KVUE	F	-0.19%
	KDP	C	-0.19%
	GIS	D	-0.19%
	FTNT	D	-0.19%
	GEHC	D	-0.18%
	LULU	F	-0.18%
	DG	D	-0.15%
	EL	F	-0.14%
	CHTR	C	-0.14%
	VLTO	C	-0.13%
	TEAM	D	-0.13%
	MSTR	C	-0.12%
	STX	B	-0.11%
	SOLV	F	-0.04%
	IOT	D	-0.03%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Business Services Diagnostics & Research Software - Infrastructure Asset Management Utilities - Regulated Electric Specialty Retail Information Technology Services Packaging & Containers Capital Markets Oil & Gas E&P Packaged Foods REIT - Residential Insurance - Property & Casualty Medical Instruments & Supplies Specialty Chemicals Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Real Estate Investment Trust Banking Bank Chemical Electronics Electricity Mining Aerospace Medicine Telecommunications Biotechnology Insurance Products Transport Beverage Cloud Computing

USXF: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Semiconductors Business Services Diagnostics & Research Biotechnology Specialty Retail Asset Management Software - Infrastructure Capital Markets Packaged Foods Banks - Regional - US Credit Services Specialty Chemicals Building Materials Medical Instruments & Supplies Semiconductor Equipment & Materials Insurance Brokers Medical Devices Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Computing Insurance Electronics Semiconductor Aerospace Real Estate Investment Trust Mining Telecommunications Integrated Circuits Biotechnology Chemical Cloud Computing Medicine Bank Insurance Products Mobile Devices Software As A Service Banking