IWS vs. DFLV ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Dimensional US Large Cap Value ETF (DFLV)

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

DFLV

Dimensional US Large Cap Value ETF

DFLV Description

To achieve the U.S. Large Cap Value ETF"s investment objective, the Advisor implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in securities of large cap U.S. companies.

Grade (RS Rating)

Last Trade

$32.43

Average Daily Volume

326,007

Number of Holdings ^*

330

* may have additional holdings in another (foreign) market

Performance

Period	IWS	DFLV
30 Days	5.17%	4.48%
60 Days	5.63%	5.88%
90 Days	7.53%	7.25%
12 Months	31.74%	30.40%

242 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in DFLV	Overlap
ACGL	D	0.4%	0.4%	0.4%
ACI	C	0.09%	0.07%	0.07%
ACM	A	0.16%	0.0%	0.0%
ADM	D	0.28%	0.09%	0.09%
AFG	A	0.11%	0.01%	0.01%
AFL	B	0.68%	0.27%	0.27%
AKAM	D	0.14%	0.14%	0.14%
ALGN	D	0.08%	0.0%	0.0%
ALL	A	0.48%	0.16%	0.16%
ALLY	C	0.1%	0.04%	0.04%
AMCR	D	0.16%	0.13%	0.13%
AME	A	0.49%	0.42%	0.42%
APTV	D	0.16%	0.09%	0.09%
AR	B	0.1%	0.01%	0.01%
ARMK	B	0.11%	0.02%	0.02%
ARW	D	0.07%	0.0%	0.0%
AVTR	F	0.15%	0.08%	0.08%
BALL	D	0.21%	0.21%	0.21%
BAX	D	0.18%	0.05%	0.05%
BBY	D	0.22%	0.01%	0.01%
BG	F	0.14%	0.13%	0.13%
BIIB	F	0.26%	0.14%	0.14%
BK	A	0.64%	0.71%	0.64%
BKR	B	0.47%	0.58%	0.47%
BLD	D	0.11%	0.02%	0.02%
BLDR	D	0.21%	0.28%	0.21%
BMRN	D	0.13%	0.03%	0.03%
BWA	D	0.09%	0.1%	0.09%
CAG	D	0.14%	0.06%	0.06%
CASY	A	0.13%	0.09%	0.09%
CBRE	B	0.44%	0.49%	0.44%
CCK	C	0.12%	0.02%	0.02%
CCL	B	0.27%	0.04%	0.04%
CE	F	0.07%	0.07%	0.07%
CF	B	0.18%	0.18%	0.18%
CFG	B	0.23%	0.04%	0.04%
CG	A	0.12%	0.0%	0.0%
CHD	B	0.29%	0.02%	0.02%
CHTR	C	0.4%	0.03%	0.03%
CINF	A	0.26%	0.06%	0.06%
CLH	B	0.14%	0.04%	0.04%
CMI	A	0.54%	0.74%	0.54%
CNA	B	0.01%	0.0%	0.0%
CNC	D	0.33%	0.27%	0.27%
CNH	C	0.1%	0.01%	0.01%
COTY	F	0.03%	0.0%	0.0%
CPB	D	0.09%	0.13%	0.09%
CRL	C	0.11%	0.07%	0.07%
CSGP	D	0.32%	0.05%	0.05%
CSL	C	0.19%	0.17%	0.17%
CTRA	B	0.21%	0.19%	0.19%
CTSH	B	0.42%	0.64%	0.42%
CTVA	C	0.43%	0.19%	0.19%
CW	B	0.15%	0.0%	0.0%
CZR	F	0.09%	0.0%	0.0%
DAL	C	0.45%	0.56%	0.45%
DAR	C	0.08%	0.04%	0.04%
DD	D	0.38%	0.2%	0.2%
DFS	B	0.48%	0.66%	0.48%
DG	F	0.18%	0.03%	0.03%
DGX	A	0.2%	0.25%	0.2%
DHI	D	0.53%	0.38%	0.38%
DINO	D	0.07%	0.03%	0.03%
DKS	C	0.11%	0.02%	0.02%
DLTR	F	0.14%	0.12%	0.12%
DOV	A	0.3%	0.35%	0.3%
DOW	F	0.34%	0.66%	0.34%
DOX	D	0.11%	0.33%	0.11%
DVN	F	0.27%	0.28%	0.27%
EA	A	0.47%	0.37%	0.37%
EBAY	D	0.34%	0.47%	0.34%
EG	C	0.15%	0.34%	0.15%
EMN	D	0.13%	0.14%	0.13%
EPAM	C	0.13%	0.03%	0.03%
EQT	B	0.26%	0.07%	0.07%
EWBC	A	0.16%	0.03%	0.03%
FANG	D	0.37%	0.58%	0.37%
FBIN	D	0.1%	0.02%	0.02%
FCNCA	A	0.29%	0.19%	0.19%
FFIV	B	0.15%	0.06%	0.06%
FIS	C	0.54%	0.41%	0.41%
FITB	A	0.35%	0.4%	0.35%
FNF	B	0.18%	0.07%	0.07%
FOX	A	0.06%	0.06%	0.06%
FOXA	B	0.12%	0.12%	0.12%
FSLR	F	0.22%	0.2%	0.2%
FTRE	D	0.02%	0.01%	0.01%
FTV	C	0.29%	0.18%	0.18%
GEHC	F	0.37%	0.42%	0.37%
GFS	C	0.04%	0.03%	0.03%
GGG	B	0.16%	0.01%	0.01%
GIS	D	0.39%	0.5%	0.39%
GL	B	0.11%	0.06%	0.06%
GLW	B	0.39%	0.75%	0.39%
GNTX	C	0.08%	0.0%	0.0%
GPC	D	0.19%	0.15%	0.15%
GPN	B	0.33%	0.15%	0.15%
GRMN	B	0.36%	0.47%	0.36%
GXO	B	0.08%	0.0%	0.0%
H	B	0.06%	0.01%	0.01%
HAL	C	0.29%	0.25%	0.25%
HAS	D	0.01%	0.0%	0.0%
HBAN	A	0.28%	0.12%	0.12%
HES	B	0.16%	0.07%	0.07%
HIG	B	0.38%	0.64%	0.38%
HII	D	0.08%	0.02%	0.02%
HOLX	D	0.2%	0.15%	0.15%
HOOD	B	0.24%	0.0%	0.0%
HPE	B	0.3%	0.34%	0.3%
HPQ	B	0.3%	0.27%	0.27%
HRL	D	0.09%	0.06%	0.06%
HSIC	B	0.1%	0.02%	0.02%
HUM	C	0.37%	0.11%	0.11%
IEX	B	0.19%	0.05%	0.05%
IFF	D	0.24%	0.09%	0.09%
ILMN	D	0.24%	0.01%	0.01%
INCY	C	0.13%	0.01%	0.01%
IP	B	0.22%	0.15%	0.15%
IPG	D	0.11%	0.06%	0.06%
IQV	D	0.34%	0.01%	0.01%
IR	B	0.45%	0.53%	0.45%
IVZ	B	0.07%	0.01%	0.01%
J	F	0.19%	0.1%	0.1%
JBHT	C	0.16%	0.1%	0.1%
JBL	B	0.14%	0.04%	0.04%
JLL	D	0.09%	0.07%	0.07%
JNPR	F	0.13%	0.09%	0.09%
KEY	B	0.2%	0.07%	0.07%
KEYS	A	0.29%	0.21%	0.21%
KMI	A	0.58%	0.37%	0.37%
KMX	B	0.13%	0.01%	0.01%
KNX	B	0.1%	0.01%	0.01%
KR	B	0.42%	0.66%	0.42%
KVUE	A	0.5%	0.4%	0.4%
L	A	0.17%	0.3%	0.17%
LDOS	C	0.24%	0.19%	0.19%
LEA	D	0.06%	0.01%	0.01%
LEN	D	0.44%	0.0%	0.0%
LEN	D	0.02%	0.0%	0.0%
LEN	D	0.44%	0.48%	0.44%
LEN	D	0.02%	0.48%	0.02%
LH	C	0.22%	0.43%	0.22%
LHX	C	0.51%	0.33%	0.33%
LKQ	D	0.11%	0.07%	0.07%
LUV	C	0.21%	0.11%	0.11%
LYB	F	0.24%	0.44%	0.24%
MHK	D	0.08%	0.01%	0.01%
MKC	D	0.21%	0.05%	0.05%
MKL	A	0.18%	0.12%	0.12%
MLM	B	0.37%	0.52%	0.37%
MOH	F	0.07%	0.12%	0.07%
MOS	F	0.09%	0.01%	0.01%
MRO	B	0.18%	0.09%	0.09%
MTB	A	0.39%	0.23%	0.23%
MTDR	B	0.07%	0.0%	0.0%
NDAQ	A	0.36%	0.0%	0.0%
NDSN	B	0.16%	0.04%	0.04%
NRG	B	0.12%	0.17%	0.12%
NTRS	A	0.24%	0.11%	0.11%
NUE	C	0.39%	0.69%	0.39%
NVT	B	0.13%	0.01%	0.01%
NWS	B	0.04%	0.02%	0.02%
NWSA	B	0.12%	0.07%	0.07%
OC	A	0.18%	0.31%	0.18%
OKE	A	0.7%	0.33%	0.33%
OKTA	C	0.07%	0.02%	0.02%
OMC	C	0.21%	0.16%	0.16%
ON	D	0.31%	0.25%	0.25%
OTIS	C	0.44%	0.19%	0.19%
OVV	B	0.13%	0.08%	0.08%
PAG	B	0.03%	0.01%	0.01%
PFG	D	0.22%	0.18%	0.18%
PFGC	B	0.12%	0.08%	0.08%
PHM	D	0.29%	0.5%	0.29%
PKG	A	0.23%	0.25%	0.23%
PNR	A	0.19%	0.26%	0.19%
PPG	F	0.32%	0.35%	0.32%
PR	B	0.08%	0.02%	0.02%
PRU	A	0.5%	0.57%	0.5%
PWR	A	0.36%	0.29%	0.29%
QRVO	F	0.07%	0.01%	0.01%
RF	A	0.27%	0.5%	0.27%
RGA	A	0.17%	0.03%	0.03%
RJF	A	0.33%	0.41%	0.33%
RNR	C	0.15%	0.04%	0.04%
RS	B	0.2%	0.19%	0.19%
RVTY	F	0.15%	0.02%	0.02%
SIRI	C	0.07%	0.01%	0.01%
SJM	D	0.12%	0.12%	0.12%
SNA	A	0.2%	0.24%	0.2%
SNX	C	0.1%	0.01%	0.01%
SOLV	C	0.1%	0.02%	0.02%
SQ	B	0.3%	0.2%	0.2%
SSNC	B	0.17%	0.17%	0.17%
ST	F	0.05%	0.0%	0.0%
STE	F	0.24%	0.19%	0.19%
STLD	B	0.23%	0.57%	0.23%
STT	A	0.32%	0.17%	0.17%
SW	A	0.29%	0.07%	0.07%
SWK	D	0.14%	0.04%	0.04%
SWKS	F	0.15%	0.11%	0.11%
SYF	B	0.28%	0.22%	0.22%
TAP	C	0.12%	0.03%	0.03%
TDY	B	0.24%	0.09%	0.09%
TFX	F	0.1%	0.02%	0.02%
THC	D	0.16%	0.1%	0.1%
TOL	B	0.17%	0.15%	0.15%
TPR	B	0.14%	0.0%	0.0%
TRMB	B	0.19%	0.07%	0.07%
TROW	B	0.29%	0.21%	0.21%
TRU	D	0.19%	0.1%	0.1%
TSN	B	0.2%	0.43%	0.2%
TTWO	A	0.34%	0.21%	0.21%
TWLO	A	0.15%	0.01%	0.01%
TXT	D	0.17%	0.4%	0.17%
UAL	A	0.33%	0.37%	0.33%
UHAL	D	0.0%	0.0%	0.0%
UHAL	D	0.0%	0.08%	0.0%
UHAL	D	0.04%	0.08%	0.04%
UHAL	D	0.04%	0.0%	0.0%
UHS	D	0.13%	0.2%	0.13%
UNM	A	0.15%	0.0%	0.0%
URI	B	0.46%	0.56%	0.46%
USFD	A	0.16%	0.2%	0.16%
UTHR	C	0.17%	0.15%	0.15%
VMC	B	0.3%	0.5%	0.3%
VTRS	A	0.17%	0.07%	0.07%
WAB	B	0.38%	0.29%	0.29%
WBA	F	0.07%	0.01%	0.01%
WBD	C	0.25%	0.05%	0.05%
WBS	A	0.11%	0.01%	0.01%
WDC	D	0.23%	0.12%	0.12%
WLK	D	0.05%	0.04%	0.04%
WMB	A	0.76%	0.3%	0.3%
WRB	A	0.2%	0.11%	0.11%
WTW	B	0.35%	0.15%	0.15%
XYL	D	0.32%	0.14%	0.14%
Z	A	0.13%	0.02%	0.02%
ZBH	C	0.25%	0.24%	0.24%
ZBRA	B	0.17%	0.12%	0.12%
ZG	A	0.04%	0.0%	0.0%
ZM	B	0.24%	0.06%	0.06%

IWS Overweight 469 Positions Relative to DFLV

Symbol	Grade	Weight
AJG	B	0.65%
DLR	B	0.64%
MSTR	C	0.55%
O	D	0.54%
CCI	D	0.5%
PEG	A	0.49%
PCG	A	0.49%
SPG	B	0.48%
HWM	A	0.47%
XEL	A	0.43%
EXC	C	0.43%
FERG	B	0.42%
A	D	0.41%
ROST	C	0.39%
RCL	A	0.39%
EXR	D	0.38%
MCHP	D	0.37%
ED	D	0.37%
AVB	B	0.36%
VICI	C	0.36%
ETR	B	0.35%
EIX	B	0.35%
WEC	A	0.34%
HLT	A	0.33%
ROK	B	0.33%
ANSS	B	0.32%
PAYX	C	0.32%
EQR	B	0.31%
AWK	D	0.29%
VTR	C	0.28%
NVR	D	0.28%
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%
HUBB	B	0.26%
SBAC	D	0.26%
LNG	B	0.26%
FE	C	0.26%
WY	D	0.25%
HSY	F	0.24%
EXE	B	0.24%
ATO	A	0.24%
ES	D	0.24%
INVH	D	0.23%
CBOE	B	0.23%
K	A	0.23%
CMS	C	0.22%
IBKR	A	0.21%
ESS	B	0.21%
MSCI	C	0.21%
COO	D	0.21%
CNP	B	0.21%
WSO	A	0.2%
ARE	D	0.2%
MAA	B	0.2%
CVNA	B	0.19%
MAS	D	0.19%
GEN	B	0.18%
KIM	A	0.18%
NI	A	0.18%
SUI	D	0.17%
LNT	A	0.17%
SYY	B	0.16%
EXPD	D	0.16%
EVRG	A	0.16%
IRM	D	0.16%
VRSN	F	0.16%
UDR	B	0.16%
DOC	D	0.16%
BRO	B	0.16%
RPM	A	0.15%
NTAP	C	0.15%
REG	B	0.15%
VLTO	D	0.15%
EME	C	0.15%
BXP	D	0.14%
CPT	B	0.14%
ITT	A	0.14%
COHR	B	0.14%
JKHY	D	0.14%
AMH	D	0.14%
CHRW	C	0.14%
GLPI	C	0.14%
AFRM	B	0.14%
ELS	C	0.14%
AIZ	A	0.13%
SF	B	0.13%
BJ	A	0.13%
CAH	B	0.13%
CDW	F	0.13%
FDS	B	0.13%
SOFI	A	0.13%
SCI	B	0.13%
HST	C	0.13%
FTI	A	0.13%
NTNX	A	0.13%
WPC	D	0.13%
ALB	C	0.13%
ALLE	D	0.13%
TECH	D	0.12%
CTLT	B	0.12%
EVR	B	0.12%
CUBE	D	0.12%
FWONK	B	0.12%
ATR	B	0.12%
AA	B	0.12%
FHN	A	0.12%
RRX	B	0.12%
CIEN	B	0.11%
COIN	C	0.11%
WTRG	B	0.11%
MKTX	D	0.11%
WAL	B	0.11%
DPZ	C	0.11%
EHC	B	0.11%
DTM	B	0.11%
AVY	D	0.11%
OHI	C	0.11%
AES	F	0.11%
NLY	C	0.11%
GME	C	0.11%
AYI	B	0.11%
RPRX	D	0.11%
DAY	B	0.11%
LAD	A	0.11%
ALSN	B	0.11%
WWD	B	0.11%
PRI	A	0.11%
CACI	D	0.11%
PNW	B	0.11%
TTEK	F	0.1%
ZION	B	0.1%
GWRE	A	0.1%
BRX	A	0.1%
AOS	F	0.1%
MGM	D	0.1%
HLI	B	0.1%
AAL	B	0.1%
PTC	A	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	A	0.1%
WST	C	0.1%
TW	A	0.1%
REXR	F	0.1%
GMED	A	0.1%
RGLD	C	0.1%
BWXT	B	0.1%
DCI	B	0.1%
CMA	A	0.1%
INGR	B	0.1%
JEF	A	0.1%
FRT	B	0.1%
ORI	A	0.1%
DRI	B	0.1%
BRBR	A	0.1%
PNFP	B	0.1%
FLS	B	0.09%
G	B	0.09%
MTCH	D	0.09%
CHRD	D	0.09%
RRC	B	0.09%
SEIC	B	0.09%
SNV	B	0.09%
X	C	0.09%
APG	B	0.09%
APA	D	0.09%
TKO	B	0.09%
LECO	B	0.09%
CFR	B	0.09%
FICO	B	0.09%
VOYA	B	0.09%
LAMR	D	0.09%
WAT	B	0.09%
EGP	F	0.09%
RIVN	F	0.09%
RL	B	0.09%
GPK	C	0.09%
NYT	C	0.09%
TTC	D	0.09%
CR	A	0.09%
MTZ	B	0.09%
WYNN	D	0.09%
FYBR	D	0.09%
CBSH	A	0.09%
OGE	B	0.09%
WTFC	A	0.09%
RLI	B	0.08%
ELAN	D	0.08%
FCN	D	0.08%
MTSI	B	0.08%
FND	C	0.08%
R	B	0.08%
SSD	D	0.08%
FR	C	0.08%
ATI	D	0.08%
ESAB	B	0.08%
AGNC	D	0.08%
OSK	B	0.08%
VFC	C	0.08%
BBWI	D	0.08%
VNO	B	0.08%
KBR	F	0.08%
MIDD	C	0.08%
CART	C	0.08%
SKX	D	0.08%
COKE	C	0.08%
FAST	B	0.08%
LBRDK	C	0.08%
LW	C	0.08%
KEX	C	0.08%
RHI	B	0.08%
ROKU	D	0.08%
PB	A	0.08%
CHE	D	0.08%
ADC	B	0.08%
JAZZ	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%
S	B	0.07%
STWD	C	0.07%
BPOP	B	0.07%
BIO	D	0.07%
BEN	C	0.07%
COLD	D	0.07%
OMF	A	0.07%
SAIC	F	0.07%
MAT	D	0.07%
NOV	C	0.07%
MSA	D	0.07%
ESI	A	0.07%
KD	B	0.07%
PARA	C	0.07%
MTG	C	0.07%
CGNX	C	0.07%
LSTR	D	0.07%
BILL	A	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%
GWW	B	0.07%
HRB	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	C	0.07%
WSM	B	0.07%
WH	B	0.07%
FMC	D	0.07%
AMP	A	0.06%
BYD	C	0.06%
UGI	A	0.06%
AL	B	0.06%
BFAM	D	0.06%
OZK	B	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%
BC	C	0.06%
GNRC	B	0.06%
LITE	B	0.06%
RITM	C	0.06%
THO	B	0.06%
NFG	A	0.06%
OLLI	D	0.06%
DOCS	C	0.06%
PVH	C	0.06%
WMS	D	0.06%
SAIA	B	0.06%
ONTO	D	0.06%
JHG	A	0.06%
THG	A	0.06%
AMG	B	0.06%
LFUS	F	0.06%
AGCO	D	0.06%
FNB	A	0.06%
GTES	A	0.05%
TPG	A	0.05%
DLB	B	0.05%
PAYC	B	0.05%
AN	C	0.05%
M	D	0.05%
GAP	C	0.05%
KMPR	B	0.05%
EEFT	B	0.05%
SLGN	A	0.05%
RYN	D	0.05%
AWI	A	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%
AVT	C	0.05%
ROIV	C	0.05%
CROX	D	0.05%
FRPT	B	0.05%
HXL	D	0.05%
OLN	D	0.05%
WTM	A	0.05%
TKR	D	0.05%
SON	D	0.05%
SMG	D	0.04%
HUN	F	0.04%
AM	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%
PII	D	0.04%
NVST	B	0.04%
CLF	F	0.04%
W	F	0.04%
TNL	A	0.04%
NWL	B	0.04%
VNOM	A	0.04%
PRGO	B	0.04%
CIVI	D	0.04%
XRAY	F	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	C	0.04%
MSGS	A	0.04%
DXC	B	0.04%
PLNT	A	0.04%
RH	B	0.04%
OLED	D	0.04%
MSM	C	0.04%
TYL	B	0.04%
OGN	D	0.04%
ASH	D	0.04%
LINE	F	0.04%
SITE	D	0.04%
HOG	D	0.04%
FLO	D	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
YETI	C	0.03%
ULTA	F	0.03%
PINC	B	0.03%
ALGM	D	0.03%
BR	A	0.03%
CPRI	F	0.03%
SPB	C	0.03%
EXP	A	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%
CXT	B	0.03%
COLM	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%
AMKR	D	0.03%
MAN	D	0.03%
NSA	D	0.03%
PK	B	0.03%
IRDM	D	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%
SNDR	B	0.02%
REYN	D	0.02%
LEG	F	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%
PPC	C	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%
LYFT	C	0.02%
LBTYA	B	0.02%
BRKR	D	0.02%
GLOB	B	0.02%
SHC	F	0.02%
AZTA	D	0.02%
LPX	B	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%
UI	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%
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%
DDS	B	0.01%
LOAR	A	0.0%
PARAA	B	0.0%
UWMC	D	0.0%
SEG	B	0.0%
NFE	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 92 Positions Relative to DFLV

Symbol	Grade	Weight
JPM	A	-5.12%
XOM	B	-4.17%
BRK.A	B	-2.15%
CVX	A	-2.12%
CSCO	B	-1.73%
CMCSA	B	-1.52%
WFC	A	-1.49%
CRM	B	-1.39%
VZ	C	-1.37%
T	A	-1.27%
COP	C	-1.25%
GS	A	-1.15%
JNJ	D	-1.13%
UNH	C	-1.04%
BAC	A	-1.01%
MS	A	-1.0%
TMUS	B	-0.92%
GM	B	-0.9%
ABT	B	-0.85%
PCAR	B	-0.82%
ELV	F	-0.79%
GILD	C	-0.76%
RTX	C	-0.76%
CI	F	-0.73%
TMO	F	-0.72%
DHR	F	-0.72%
MDT	D	-0.66%
ADI	D	-0.65%
VLO	C	-0.63%
MDLZ	F	-0.62%
TRV	B	-0.62%
DE	A	-0.61%
JCI	C	-0.6%
CB	C	-0.6%
FDX	B	-0.6%
LIN	D	-0.58%
NSC	B	-0.58%
AIG	B	-0.54%
F	C	-0.53%
AMD	F	-0.53%
EOG	A	-0.5%
PSX	C	-0.5%
MPC	D	-0.5%
DIS	B	-0.48%
COF	B	-0.47%
GD	F	-0.47%
APD	A	-0.46%
FCX	D	-0.44%
BDX	F	-0.44%
ETN	A	-0.44%
MET	A	-0.42%
REGN	F	-0.42%
STZ	D	-0.41%
BMY	B	-0.41%
C	A	-0.39%
TGT	F	-0.37%
FI	A	-0.37%
CSX	B	-0.36%
CVS	D	-0.35%
MU	D	-0.34%
INTC	D	-0.33%
PFE	D	-0.32%
KDP	D	-0.31%
NOC	D	-0.31%
NEM	D	-0.3%
CARR	D	-0.29%
EMR	A	-0.28%
USB	A	-0.26%
PYPL	B	-0.25%
PNC	B	-0.25%
PH	A	-0.24%
MRVL	B	-0.2%
KHC	F	-0.16%
EW	C	-0.14%
OXY	D	-0.14%
RSG	A	-0.13%
TFC	A	-0.13%
ROP	B	-0.11%
FLEX	A	-0.11%
CRBG	B	-0.09%
BLK	C	-0.08%
SLB	C	-0.06%
ENTG	D	-0.04%
CME	A	-0.04%
MRNA	F	-0.04%
SCHW	B	-0.04%
ICLR	D	-0.03%
ICE	C	-0.02%
MRK	F	-0.02%
BSX	B	-0.01%
MNST	C	-0.0%
ALV	C	-0.0%