IWS vs. AVLV ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Avantis U.S. Large Cap Value ETF (AVLV)

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the Russell Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$138.63

Average Daily Volume

282,879

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

AVLV

Avantis U.S. Large Cap Value ETF

AVLV Description

American Century ETF Trust - Avantis U.S. Large Cap Value ETF is an exchange traded fund launched and managed by American Century Investment Management Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of large cap companies, within the market capitalization range of the Russell 1000 Value Index. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. American Century ETF Trust - Avantis U.S. Large Cap Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$70.41

Average Daily Volume

260,034

Number of Holdings ^*

305

* may have additional holdings in another (foreign) market

Performance

Period	IWS	AVLV
30 Days	5.17%	6.17%
60 Days	5.63%	7.50%
90 Days	7.53%	9.21%
12 Months	31.74%	32.44%

197 Overlapping Holdings

	Symbol	Grade	Weight in IWS	Weight in AVLV	Overlap
	ACGL	D	0.4%	0.35%	0.35%
	ADM	D	0.28%	0.22%	0.22%
	AES	F	0.11%	0.21%	0.11%
	AFG	A	0.11%	0.18%	0.11%
	AFL	B	0.68%	0.19%	0.19%
	AGCO	D	0.06%	0.13%	0.06%
	AIZ	A	0.13%	0.08%	0.08%
	AL	B	0.06%	0.09%	0.06%
	ALK	C	0.07%	0.11%	0.07%
	ALL	A	0.48%	0.42%	0.42%
	ALLY	C	0.1%	0.19%	0.1%
	AM	A	0.04%	0.08%	0.04%
	AMKR	D	0.03%	0.07%	0.03%
	AMP	A	0.06%	0.84%	0.06%
	AOS	F	0.1%	0.01%	0.01%
	APA	D	0.09%	0.13%	0.09%
	APTV	D	0.16%	0.0%	0.0%
	ARW	D	0.07%	0.11%	0.07%
	ATI	D	0.08%	0.16%	0.08%
	AWI	A	0.05%	0.14%	0.05%
	AXS	A	0.07%	0.16%	0.07%
	AYI	B	0.11%	0.03%	0.03%
	BBY	D	0.22%	0.32%	0.22%
	BC	C	0.06%	0.08%	0.06%
	BG	F	0.14%	0.25%	0.14%
	BJ	A	0.13%	0.23%	0.13%
	BKR	B	0.47%	0.49%	0.47%
	BLDR	D	0.21%	0.01%	0.01%
	BWA	D	0.09%	0.16%	0.09%
	BWXT	B	0.1%	0.17%	0.1%
	BYD	C	0.06%	0.1%	0.06%
	CASY	A	0.13%	0.27%	0.13%
	CBSH	A	0.09%	0.09%	0.09%
	CCL	B	0.27%	0.37%	0.27%
	CF	B	0.18%	0.32%	0.18%
	CFR	B	0.09%	0.1%	0.09%
	CHRD	D	0.09%	0.14%	0.09%
	CIVI	D	0.04%	0.1%	0.04%
	CLF	F	0.04%	0.13%	0.04%
	CMA	A	0.1%	0.17%	0.1%
	CMI	A	0.54%	0.65%	0.54%
	CNA	B	0.01%	0.02%	0.01%
	CNC	D	0.33%	0.09%	0.09%
	COKE	C	0.08%	0.16%	0.08%
	COLM	B	0.03%	0.01%	0.01%
	CPRI	F	0.03%	0.0%	0.0%
	CROX	D	0.05%	0.13%	0.05%
	CSL	C	0.19%	0.4%	0.19%
	CTRA	B	0.21%	0.3%	0.21%
	DAL	C	0.45%	0.61%	0.45%
	DAR	C	0.08%	0.0%	0.0%
	DCI	B	0.1%	0.19%	0.1%
	DDS	B	0.01%	0.03%	0.01%
	DG	F	0.18%	0.01%	0.01%
	DINO	D	0.07%	0.0%	0.0%
	DKS	C	0.11%	0.23%	0.11%
	DLTR	F	0.14%	0.22%	0.14%
	DOW	F	0.34%	0.4%	0.34%
	DRI	B	0.1%	0.27%	0.1%
	DVN	F	0.27%	0.38%	0.27%
	DXC	B	0.04%	0.0%	0.0%
	EBAY	D	0.34%	0.28%	0.28%
	EG	C	0.15%	0.25%	0.15%
	EME	C	0.15%	0.46%	0.15%
	EQT	B	0.26%	0.22%	0.22%
	EWBC	A	0.16%	0.29%	0.16%
	EXP	A	0.03%	0.24%	0.03%
	EXPD	D	0.16%	0.3%	0.16%
	FANG	D	0.37%	0.45%	0.37%
	FAST	B	0.08%	0.67%	0.08%
	FCNCA	A	0.29%	0.26%	0.26%
	FITB	A	0.35%	0.32%	0.32%
	FLO	D	0.04%	0.02%	0.02%
	FMC	D	0.07%	0.01%	0.01%
	FND	C	0.08%	0.15%	0.08%
	FNF	B	0.18%	0.22%	0.18%
	FOX	A	0.06%	0.06%	0.06%
	FOXA	B	0.12%	0.12%	0.12%
	FSLR	F	0.22%	0.18%	0.18%
	FTI	A	0.13%	0.24%	0.13%
	FYBR	D	0.09%	0.16%	0.09%
	GAP	C	0.05%	0.13%	0.05%
	GGG	B	0.16%	0.0%	0.0%
	GL	B	0.11%	0.15%	0.11%
	GMED	A	0.1%	0.05%	0.05%
	GPK	C	0.09%	0.19%	0.09%
	GWW	B	0.07%	0.72%	0.07%
	HAL	C	0.29%	0.26%	0.26%
	HBAN	A	0.28%	0.03%	0.03%
	HES	B	0.16%	0.52%	0.16%
	HIG	B	0.38%	0.61%	0.38%
	HII	D	0.08%	0.12%	0.08%
	HOG	D	0.04%	0.05%	0.04%
	HSY	F	0.24%	0.01%	0.01%
	INGR	B	0.1%	0.21%	0.1%
	IP	B	0.22%	0.35%	0.22%
	IRDM	D	0.03%	0.0%	0.0%
	JAZZ	B	0.08%	0.13%	0.08%
	JBHT	C	0.16%	0.28%	0.16%
	JBL	B	0.14%	0.31%	0.14%
	JEF	A	0.1%	0.01%	0.01%
	KD	B	0.07%	0.1%	0.07%
	KMX	B	0.13%	0.03%	0.03%
	KR	B	0.42%	0.63%	0.42%
	LEA	D	0.06%	0.09%	0.06%
	LECO	B	0.09%	0.17%	0.09%
	LEN	D	0.44%	0.02%	0.02%
	LEN	D	0.02%	0.02%	0.02%
	LEN	D	0.02%	0.51%	0.02%
	LEN	D	0.44%	0.51%	0.44%
	LNG	B	0.26%	0.64%	0.26%
	LPX	B	0.02%	0.16%	0.02%
	LSTR	D	0.07%	0.15%	0.07%
	LUV	C	0.21%	0.0%	0.0%
	LW	C	0.08%	0.01%	0.01%
	LYB	F	0.24%	0.34%	0.24%
	LYFT	C	0.02%	0.0%	0.0%
	M	D	0.05%	0.08%	0.05%
	MAT	D	0.07%	0.12%	0.07%
	MDU	D	0.04%	0.01%	0.01%
	MHK	D	0.08%	0.12%	0.08%
	MKL	A	0.18%	0.3%	0.18%
	MOH	F	0.07%	0.03%	0.03%
	MOS	F	0.09%	0.16%	0.09%
	MRO	B	0.18%	0.31%	0.18%
	MSM	C	0.04%	0.05%	0.04%
	MTDR	B	0.07%	0.14%	0.07%
	MTG	C	0.07%	0.13%	0.07%
	NEU	C	0.04%	0.07%	0.04%
	NFE	D	0.0%	0.0%	0.0%
	NTRS	A	0.24%	0.25%	0.24%
	NUE	C	0.39%	0.51%	0.39%
	NVR	D	0.28%	0.4%	0.28%
	OC	A	0.18%	0.35%	0.18%
	OKE	A	0.7%	0.02%	0.02%
	OLN	D	0.05%	0.1%	0.05%
	OMF	A	0.07%	0.14%	0.07%
	ON	D	0.31%	0.04%	0.04%
	OVV	B	0.13%	0.23%	0.13%
	OZK	B	0.06%	0.07%	0.06%
	PAYC	B	0.05%	0.06%	0.05%
	PAYX	C	0.32%	0.0%	0.0%
	PFG	D	0.22%	0.21%	0.21%
	PHM	D	0.29%	0.36%	0.29%
	PII	D	0.04%	0.04%	0.04%
	PKG	A	0.23%	0.38%	0.23%
	PPC	C	0.02%	0.04%	0.02%
	PR	B	0.08%	0.16%	0.08%
	PRI	A	0.11%	0.24%	0.11%
	PRU	A	0.5%	0.55%	0.5%
	PVH	C	0.06%	0.07%	0.06%
	R	B	0.08%	0.16%	0.08%
	RCL	A	0.39%	0.78%	0.39%
	RGA	A	0.17%	0.24%	0.17%
	RHI	B	0.08%	0.15%	0.08%
	RJF	A	0.33%	0.15%	0.15%
	RL	B	0.09%	0.16%	0.09%
	RNR	C	0.15%	0.23%	0.15%
	ROST	C	0.39%	0.55%	0.39%
	RPM	A	0.15%	0.32%	0.15%
	RRC	B	0.09%	0.1%	0.09%
	RS	B	0.2%	0.01%	0.01%
	SAIA	B	0.06%	0.21%	0.06%
	SKX	D	0.08%	0.13%	0.08%
	SNA	A	0.2%	0.08%	0.08%
	SNDR	B	0.02%	0.0%	0.0%
	SON	D	0.05%	0.06%	0.05%
	SSD	D	0.08%	0.01%	0.01%
	STLD	B	0.23%	0.39%	0.23%
	SWKS	F	0.15%	0.17%	0.15%
	SYF	B	0.28%	0.48%	0.28%
	TAP	C	0.12%	0.02%	0.02%
	THO	B	0.06%	0.01%	0.01%
	TKR	D	0.05%	0.07%	0.05%
	TPR	B	0.14%	0.29%	0.14%
	UAL	A	0.33%	0.61%	0.33%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.0%	0.07%	0.0%
	UHAL	D	0.04%	0.07%	0.04%
	UHAL	D	0.04%	0.01%	0.01%
	UI	A	0.01%	0.01%	0.01%
	ULTA	F	0.03%	0.27%	0.03%
	UNM	A	0.15%	0.16%	0.15%
	URI	B	0.46%	0.37%	0.37%
	VFC	C	0.08%	0.03%	0.03%
	VMI	B	0.07%	0.12%	0.07%
	VTRS	A	0.17%	0.27%	0.17%
	WAL	B	0.11%	0.15%	0.11%
	WBS	A	0.11%	0.0%	0.0%
	WCC	B	0.1%	0.19%	0.1%
	WLK	D	0.05%	0.08%	0.05%
	WMB	A	0.76%	0.8%	0.76%
	WMS	D	0.06%	0.2%	0.06%
	WRB	A	0.2%	0.02%	0.02%
	WSM	B	0.07%	0.34%	0.07%
	WTFC	A	0.09%	0.14%	0.09%
	ZION	B	0.1%	0.16%	0.1%

IWS Overweight 514 Positions Relative to AVLV

	Symbol	Grade	Weight
	AJG	B	0.65%
	BK	A	0.64%
	DLR	B	0.64%
	KMI	A	0.58%
	MSTR	C	0.55%
	O	D	0.54%
	FIS	C	0.54%
	DHI	D	0.53%
	LHX	C	0.51%
	CCI	D	0.5%
	KVUE	A	0.5%
	PEG	A	0.49%
	AME	A	0.49%
	PCG	A	0.49%
	SPG	B	0.48%
	DFS	B	0.48%
	HWM	A	0.47%
	EA	A	0.47%
	IR	B	0.45%
	CBRE	B	0.44%
	OTIS	C	0.44%
	CTVA	C	0.43%
	XEL	A	0.43%
	EXC	C	0.43%
	FERG	B	0.42%
	CTSH	B	0.42%
	A	D	0.41%
	CHTR	C	0.4%
	GIS	D	0.39%
	GLW	B	0.39%
	MTB	A	0.39%
	WAB	B	0.38%
	DD	D	0.38%
	EXR	D	0.38%
	HUM	C	0.37%
	MCHP	D	0.37%
	ED	D	0.37%
	GEHC	F	0.37%
	MLM	B	0.37%
	GRMN	B	0.36%
	NDAQ	A	0.36%
	AVB	B	0.36%
	PWR	A	0.36%
	VICI	C	0.36%
	ETR	B	0.35%
	EIX	B	0.35%
	WTW	B	0.35%
	TTWO	A	0.34%
	IQV	D	0.34%
	WEC	A	0.34%
	GPN	B	0.33%
	HLT	A	0.33%
	ROK	B	0.33%
	PPG	F	0.32%
	STT	A	0.32%
	CSGP	D	0.32%
	ANSS	B	0.32%
	XYL	D	0.32%
	EQR	B	0.31%
	SQ	B	0.3%
	HPQ	B	0.3%
	HPE	B	0.3%
	VMC	B	0.3%
	DOV	A	0.3%
	TROW	B	0.29%
	KEYS	A	0.29%
	AWK	D	0.29%
	FTV	C	0.29%
	CHD	B	0.29%
	SW	A	0.29%
	VTR	C	0.28%
	RF	A	0.27%
	AEE	A	0.27%
	EFX	F	0.27%
	RMD	C	0.27%
	DTE	C	0.27%
	MTD	D	0.27%
	PPL	B	0.27%
	YUM	B	0.26%
	CINF	A	0.26%
	BIIB	F	0.26%
	HUBB	B	0.26%
	SBAC	D	0.26%
	FE	C	0.26%
	WBD	C	0.25%
	WY	D	0.25%
	ZBH	C	0.25%
	ZM	B	0.24%
	HOOD	B	0.24%
	EXE	B	0.24%
	ILMN	D	0.24%
	LDOS	C	0.24%
	TDY	B	0.24%
	STE	F	0.24%
	ATO	A	0.24%
	ES	D	0.24%
	IFF	D	0.24%
	WDC	D	0.23%
	INVH	D	0.23%
	CBOE	B	0.23%
	K	A	0.23%
	CFG	B	0.23%
	LH	C	0.22%
	CMS	C	0.22%
	MKC	D	0.21%
	OMC	C	0.21%
	BALL	D	0.21%
	IBKR	A	0.21%
	ESS	B	0.21%
	MSCI	C	0.21%
	COO	D	0.21%
	CNP	B	0.21%
	KEY	B	0.2%
	DGX	A	0.2%
	HOLX	D	0.2%
	WSO	A	0.2%
	TSN	B	0.2%
	ARE	D	0.2%
	MAA	B	0.2%
	CVNA	B	0.19%
	GPC	D	0.19%
	TRMB	B	0.19%
	MAS	D	0.19%
	IEX	B	0.19%
	J	F	0.19%
	TRU	D	0.19%
	PNR	A	0.19%
	GEN	B	0.18%
	BAX	D	0.18%
	KIM	A	0.18%
	NI	A	0.18%
	L	A	0.17%
	SUI	D	0.17%
	ZBRA	B	0.17%
	TOL	B	0.17%
	LNT	A	0.17%
	SSNC	B	0.17%
	TXT	D	0.17%
	UTHR	C	0.17%
	SYY	B	0.16%
	EVRG	A	0.16%
	IRM	D	0.16%
	VRSN	F	0.16%
	NDSN	B	0.16%
	UDR	B	0.16%
	ACM	A	0.16%
	DOC	D	0.16%
	BRO	B	0.16%
	USFD	A	0.16%
	THC	D	0.16%
	AMCR	D	0.16%
	TWLO	A	0.15%
	NTAP	C	0.15%
	RVTY	F	0.15%
	REG	B	0.15%
	CW	B	0.15%
	VLTO	D	0.15%
	FFIV	B	0.15%
	AVTR	F	0.15%
	BXP	D	0.14%
	CPT	B	0.14%
	ITT	A	0.14%
	COHR	B	0.14%
	JKHY	D	0.14%
	CLH	B	0.14%
	AMH	D	0.14%
	CAG	D	0.14%
	CHRW	C	0.14%
	GLPI	C	0.14%
	AFRM	B	0.14%
	ELS	C	0.14%
	AKAM	D	0.14%
	SWK	D	0.14%
	INCY	C	0.13%
	SF	B	0.13%
	Z	A	0.13%
	UHS	D	0.13%
	CAH	B	0.13%
	EMN	D	0.13%
	CDW	F	0.13%
	FDS	B	0.13%
	SOFI	A	0.13%
	JNPR	F	0.13%
	SCI	B	0.13%
	BMRN	D	0.13%
	HST	C	0.13%
	NVT	B	0.13%
	NTNX	A	0.13%
	WPC	D	0.13%
	ALB	C	0.13%
	EPAM	C	0.13%
	ALLE	D	0.13%
	TECH	D	0.12%
	CCK	C	0.12%
	CTLT	B	0.12%
	EVR	B	0.12%
	CUBE	D	0.12%
	FWONK	B	0.12%
	NWSA	B	0.12%
	PFGC	B	0.12%
	ATR	B	0.12%
	AA	B	0.12%
	SJM	D	0.12%
	CG	A	0.12%
	FHN	A	0.12%
	RRX	B	0.12%
	NRG	B	0.12%
	CRL	C	0.11%
	DOX	D	0.11%
	CIEN	B	0.11%
	COIN	C	0.11%
	WTRG	B	0.11%
	MKTX	D	0.11%
	DPZ	C	0.11%
	EHC	B	0.11%
	ARMK	B	0.11%
	DTM	B	0.11%
	AVY	D	0.11%
	OHI	C	0.11%
	NLY	C	0.11%
	GME	C	0.11%
	LKQ	D	0.11%
	RPRX	D	0.11%
	BLD	D	0.11%
	DAY	B	0.11%
	LAD	A	0.11%
	IPG	D	0.11%
	ALSN	B	0.11%
	WWD	B	0.11%
	CACI	D	0.11%
	PNW	B	0.11%
	TTEK	F	0.1%
	GWRE	A	0.1%
	BRX	A	0.1%
	MGM	D	0.1%
	SNX	C	0.1%
	KNX	B	0.1%
	HLI	B	0.1%
	AAL	B	0.1%
	AR	B	0.1%
	HSIC	B	0.1%
	PTC	A	0.1%
	RBC	A	0.1%
	AXTA	A	0.1%
	TFX	F	0.1%
	WST	C	0.1%
	TW	A	0.1%
	REXR	F	0.1%
	FBIN	D	0.1%
	RGLD	C	0.1%
	FRT	B	0.1%
	ORI	A	0.1%
	SOLV	C	0.1%
	BRBR	A	0.1%
	CNH	C	0.1%
	PNFP	B	0.1%
	FLS	B	0.09%
	G	B	0.09%
	ACI	C	0.09%
	MTCH	D	0.09%
	SEIC	B	0.09%
	CZR	F	0.09%
	SNV	B	0.09%
	X	C	0.09%
	APG	B	0.09%
	TKO	B	0.09%
	FICO	B	0.09%
	CPB	D	0.09%
	VOYA	B	0.09%
	LAMR	D	0.09%
	WAT	B	0.09%
	EGP	F	0.09%
	RIVN	F	0.09%
	NYT	C	0.09%
	TTC	D	0.09%
	HRL	D	0.09%
	CR	A	0.09%
	MTZ	B	0.09%
	JLL	D	0.09%
	WYNN	D	0.09%
	OGE	B	0.09%
	RLI	B	0.08%
	ELAN	D	0.08%
	FCN	D	0.08%
	MTSI	B	0.08%
	GXO	B	0.08%
	ALGN	D	0.08%
	FR	C	0.08%
	ESAB	B	0.08%
	GNTX	C	0.08%
	AGNC	D	0.08%
	OSK	B	0.08%
	BBWI	D	0.08%
	VNO	B	0.08%
	KBR	F	0.08%
	MIDD	C	0.08%
	CART	C	0.08%
	LBRDK	C	0.08%
	KEX	C	0.08%
	ROKU	D	0.08%
	PB	A	0.08%
	CHE	D	0.08%
	ADC	B	0.08%
	BERY	B	0.08%
	NNN	D	0.08%
	LNC	B	0.07%
	WHR	B	0.07%
	VNT	B	0.07%
	IDA	A	0.07%
	RGEN	D	0.07%
	CE	F	0.07%
	S	B	0.07%
	WBA	F	0.07%
	STWD	C	0.07%
	BPOP	B	0.07%
	BIO	D	0.07%
	BEN	C	0.07%
	QRVO	F	0.07%
	COLD	D	0.07%
	SAIC	F	0.07%
	NOV	C	0.07%
	SIRI	C	0.07%
	MSA	D	0.07%
	ESI	A	0.07%
	PARA	C	0.07%
	IVZ	B	0.07%
	CGNX	C	0.07%
	BILL	A	0.07%
	OKTA	C	0.07%
	COLB	A	0.07%
	FAF	A	0.07%
	STAG	F	0.07%
	MKSI	C	0.07%
	HR	C	0.07%
	WEX	D	0.07%
	AZPN	A	0.07%
	HRB	D	0.07%
	WH	B	0.07%
	UGI	A	0.06%
	BFAM	D	0.06%
	POST	C	0.06%
	SLM	A	0.06%
	CCCS	B	0.06%
	SN	D	0.06%
	EXAS	D	0.06%
	CRUS	D	0.06%
	GNRC	B	0.06%
	LITE	B	0.06%
	RITM	C	0.06%
	NFG	A	0.06%
	OLLI	D	0.06%
	DOCS	C	0.06%
	H	B	0.06%
	ONTO	D	0.06%
	JHG	A	0.06%
	THG	A	0.06%
	AMG	B	0.06%
	LFUS	F	0.06%
	FNB	A	0.06%
	GTES	A	0.05%
	TPG	A	0.05%
	DLB	B	0.05%
	AN	C	0.05%
	KMPR	B	0.05%
	EEFT	B	0.05%
	SLGN	A	0.05%
	RYN	D	0.05%
	PSN	D	0.05%
	WSC	D	0.05%
	DBX	B	0.05%
	KRC	C	0.05%
	CUZ	B	0.05%
	AGO	B	0.05%
	ST	F	0.05%
	AVT	C	0.05%
	ROIV	C	0.05%
	FRPT	B	0.05%
	HXL	D	0.05%
	WTM	A	0.05%
	SMG	D	0.04%
	HUN	F	0.04%
	ZG	A	0.04%
	ALNY	D	0.04%
	EPR	D	0.04%
	HIW	D	0.04%
	MASI	A	0.04%
	ACHC	F	0.04%
	FHB	A	0.04%
	IAC	D	0.04%
	NVST	B	0.04%
	W	F	0.04%
	NWS	B	0.04%
	TNL	A	0.04%
	NWL	B	0.04%
	VNOM	A	0.04%
	PRGO	B	0.04%
	XRAY	F	0.04%
	DNB	B	0.04%
	MSGS	A	0.04%
	PLNT	A	0.04%
	RH	B	0.04%
	OLED	D	0.04%
	TYL	B	0.04%
	OGN	D	0.04%
	ASH	D	0.04%
	LINE	F	0.04%
	SITE	D	0.04%
	GFS	C	0.04%
	HAYW	B	0.03%
	JWN	C	0.03%
	CWEN	C	0.03%
	YETI	C	0.03%
	PINC	B	0.03%
	ALGM	D	0.03%
	BR	A	0.03%
	SPB	C	0.03%
	MP	B	0.03%
	ENOV	C	0.03%
	HHH	B	0.03%
	MPW	F	0.03%
	AGR	B	0.03%
	CC	C	0.03%
	BOKF	B	0.03%
	WU	D	0.03%
	COTY	F	0.03%
	CXT	B	0.03%
	CNM	D	0.03%
	SEE	C	0.03%
	VIRT	B	0.03%
	ECG	C	0.03%
	U	C	0.03%
	AMED	F	0.03%
	MAN	D	0.03%
	NSA	D	0.03%
	PAG	B	0.03%
	PK	B	0.03%
	SNRE	D	0.03%
	LLYVK	A	0.03%
	BROS	B	0.03%
	NXST	C	0.03%
	SPR	D	0.03%
	AMTM	D	0.03%
	BHF	B	0.03%
	LOPE	B	0.03%
	VAC	B	0.03%
	PENN	C	0.03%
	ZI	D	0.03%
	TER	D	0.02%
	TRIP	F	0.02%
	REYN	D	0.02%
	LEG	F	0.02%
	FTRE	D	0.02%
	WEN	D	0.02%
	EXEL	B	0.02%
	UA	C	0.02%
	QS	F	0.02%
	CLVT	F	0.02%
	GO	C	0.02%
	BIRK	D	0.02%
	ALAB	B	0.02%
	VSTS	C	0.02%
	CNXC	F	0.02%
	CRI	D	0.02%
	UAA	C	0.02%
	PSTG	D	0.02%
	RKT	F	0.02%
	AZEK	A	0.02%
	LCID	F	0.02%
	ETSY	D	0.02%
	LBTYK	A	0.02%
	INFA	D	0.02%
	KSS	F	0.02%
	IPGP	D	0.02%
	QDEL	F	0.02%
	LBTYA	B	0.02%
	BRKR	D	0.02%
	GLOB	B	0.02%
	SHC	F	0.02%
	AZTA	D	0.02%
	ADT	C	0.02%
	AAP	C	0.02%
	RCM	F	0.02%
	SAM	C	0.02%
	TXG	F	0.01%
	PLTK	B	0.01%
	CHH	A	0.01%
	DJT	C	0.01%
	CACC	D	0.01%
	SEB	F	0.01%
	PATH	C	0.01%
	TFSL	A	0.01%
	WOLF	F	0.01%
	CWEN	C	0.01%
	LSCC	D	0.01%
	FIVE	F	0.01%
	HCP	B	0.01%
	MTN	C	0.01%
	CAR	C	0.01%
	LBRDA	C	0.01%
	HAS	D	0.01%
	FWONA	B	0.01%
	PYCR	C	0.01%
	AS	B	0.01%
	CERT	F	0.01%
	DV	C	0.01%
	LLYVA	A	0.01%
	NCNO	B	0.01%
	LOAR	A	0.0%
	PARAA	B	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	LAZ	B	0.0%
	IONS	F	0.0%

IWS Underweight 112 Positions Relative to AVLV

	Symbol	Grade	Weight
	AAPL	C	-3.45%
	META	D	-3.18%
	JPM	A	-3.03%
	COST	B	-2.46%
	XOM	B	-2.44%
	AMZN	C	-2.34%
	CVX	A	-1.6%
	CAT	B	-1.56%
	WFC	A	-1.46%
	VZ	C	-1.37%
	CMCSA	B	-1.31%
	UNP	C	-1.23%
	GOOGL	C	-1.22%
	QCOM	F	-1.18%
	T	A	-1.14%
	TJX	A	-1.13%
	GILD	C	-1.11%
	PGR	A	-1.07%
	DE	A	-1.06%
	GOOG	C	-1.02%
	COP	C	-1.0%
	UPS	C	-0.89%
	TMUS	B	-0.89%
	LRCX	F	-0.88%
	TGT	F	-0.88%
	TRV	B	-0.85%
	PYPL	B	-0.85%
	GM	B	-0.84%
	CSX	B	-0.84%
	FDX	B	-0.8%
	EOG	A	-0.79%
	MELI	D	-0.79%
	PCAR	B	-0.76%
	TRGP	B	-0.74%
	AIG	B	-0.65%
	NSC	B	-0.62%
	MPC	D	-0.57%
	MET	A	-0.56%
	WMT	A	-0.54%
	AXP	A	-0.52%
	F	C	-0.52%
	CMG	B	-0.5%
	TSCO	D	-0.46%
	DECK	A	-0.46%
	ADP	B	-0.45%
	ODFL	B	-0.43%
	OXY	D	-0.39%
	PSX	C	-0.38%
	LULU	C	-0.38%
	SFM	A	-0.37%
	BURL	A	-0.37%
	NKE	D	-0.35%
	MRK	F	-0.34%
	MS	A	-0.33%
	TPL	A	-0.28%
	FIX	A	-0.26%
	TXRH	C	-0.26%
	CPNG	D	-0.25%
	NCLH	B	-0.25%
	GS	A	-0.24%
	USB	A	-0.24%
	V	A	-0.23%
	MLI	C	-0.23%
	FLEX	A	-0.23%
	MUSA	A	-0.22%
	JXN	C	-0.21%
	NFLX	A	-0.2%
	POOL	C	-0.19%
	ANF	C	-0.18%
	LVS	C	-0.18%
	JNJ	D	-0.18%
	UFPI	B	-0.16%
	TREX	C	-0.14%
	CMC	B	-0.14%
	ALV	C	-0.14%
	WFRD	D	-0.13%
	CHX	C	-0.12%
	NSIT	F	-0.11%
	KBH	D	-0.11%
	CRBG	B	-0.11%
	CBT	C	-0.11%
	BCC	B	-0.1%
	LNTH	D	-0.1%
	ENLC	A	-0.09%
	SM	B	-0.09%
	IBP	D	-0.08%
	MUR	D	-0.08%
	QLYS	C	-0.08%
	AAON	B	-0.08%
	ATKR	C	-0.06%
	FCX	D	-0.06%
	HESM	B	-0.06%
	MGY	A	-0.06%
	PBF	D	-0.05%
	SATS	D	-0.04%
	ESNT	D	-0.04%
	LII	A	-0.04%
	PEGA	A	-0.04%
	ASO	F	-0.03%
	KNSL	B	-0.03%
	LEVI	F	-0.03%
	AMR	C	-0.02%
	LPLA	A	-0.02%
	HRI	B	-0.02%
	FIZZ	C	-0.01%
	ACT	D	-0.01%
	EL	F	-0.0%
	RDN	C	-0.0%
	AMAT	F	-0.0%
	OSCR	D	-0.0%
	FG	B	-0.0%
	PTEN	C	-0.0%

IWS: Top Represented Industries & Keywords

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

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Insurance Nasdaq 100 Bank Banking Electronics Computing Aerospace Chemical Electricity Mining Telecommunications Insurance Products Semiconductor Beverage Biotechnology Oil And Gas Plastic

AVLV: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Banks - Regional - US Specialty Retail Building Materials Insurance - Property & Casualty Insurance - Life Apparel Manufacturing Discount Stores Diversified Industrials Leisure Oil & Gas Midstream Specialty Chemicals Apparel Stores Asset Management Credit Services Integrated Shipping & Logistics Oil & Gas Equipment & Services Rental & Leasing Services Telecom Services Airlines

Keywords: S&P 500 Natural Gas Nasdaq 100 Insurance Bank Electronics Insurance Products Building Materials Petroleum Industry Transport Chemical Clothing Mining Banking Construction Crude Oil Dow Jones Component Natural Gas Liquids Disability Fashion