IWS vs. DIVB ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to iShares U.S. Dividend and Buyback ETF (DIVB)

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

$132.00

Average Daily Volume

306,447

Number of Holdings ^*

706

* may have additional holdings in another (foreign) market

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$48.22

Average Daily Volume

64,122

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	IWS	DIVB
30 Days	2.86%	2.41%
60 Days	4.51%	4.80%
90 Days	9.81%	9.82%
12 Months	28.17%	32.54%

261 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in DIVB	Overlap
AAP	F	0.03%	0.02%	0.02%
ACI	F	0.09%	0.02%	0.02%
ADT	D	0.02%	0.01%	0.01%
AEE	B	0.26%	0.04%	0.04%
AES	C	0.15%	0.05%	0.05%
AFG	C	0.11%	0.03%	0.03%
AFL	A	0.68%	0.44%	0.44%
AGNC	B	0.09%	0.02%	0.02%
AGO	D	0.05%	0.04%	0.04%
AGR	C	0.03%	0.01%	0.01%
AIZ	B	0.11%	0.06%	0.06%
ALL	C	0.48%	0.25%	0.25%
ALLY	F	0.09%	0.08%	0.08%
AM	B	0.04%	0.02%	0.02%
AMCR	B	0.18%	0.12%	0.12%
AMH	D	0.15%	0.0%	0.0%
AMP	B	0.05%	0.3%	0.05%
AOS	B	0.11%	0.05%	0.05%
APA	F	0.1%	0.08%	0.08%
ASH	F	0.05%	0.03%	0.03%
AVB	C	0.37%	0.08%	0.08%
AVT	B	0.05%	0.16%	0.05%
AWK	C	0.32%	0.06%	0.06%
AXS	B	0.07%	0.03%	0.03%
BAX	C	0.22%	0.07%	0.07%
BBY	A	0.24%	0.13%	0.13%
BC	C	0.06%	0.05%	0.05%
BEN	F	0.07%	0.04%	0.04%
BERY	B	0.09%	0.07%	0.07%
BG	F	0.16%	0.09%	0.09%
BK	B	0.6%	0.4%	0.4%
BKR	C	0.41%	0.13%	0.13%
BOKF	C	0.03%	0.02%	0.02%
BPOP	C	0.07%	0.04%	0.04%
BRX	C	0.09%	0.04%	0.04%
BXP	C	0.14%	0.08%	0.08%
BYD	C	0.05%	0.04%	0.04%
CAG	B	0.17%	0.08%	0.08%
CAH	C	0.13%	0.21%	0.13%
CBSH	D	0.08%	0.03%	0.03%
CC	D	0.03%	0.03%	0.03%
CCI	C	0.57%	0.31%	0.31%
CF	B	0.17%	0.15%	0.15%
CFG	D	0.21%	0.18%	0.18%
CFR	C	0.08%	0.03%	0.03%
CG	C	0.11%	0.05%	0.05%
CHH	B	0.01%	0.03%	0.01%
CHK	C	0.12%	0.05%	0.05%
CHRD	F	0.1%	0.05%	0.05%
CHRW	B	0.14%	0.12%	0.12%
CINF	C	0.23%	0.09%	0.09%
CIVI	F	0.04%	0.03%	0.03%
CMA	C	0.09%	0.04%	0.04%
CMI	B	0.48%	0.11%	0.11%
CMS	B	0.23%	0.08%	0.08%
CNH	C	0.11%	0.1%	0.1%
CNP	C	0.2%	0.05%	0.05%
CNXC	F	0.03%	0.06%	0.03%
COLB	B	0.06%	0.03%	0.03%
COLD	D	0.09%	0.0%	0.0%
CPB	C	0.11%	0.04%	0.04%
CPT	C	0.15%	0.02%	0.02%
CTRA	F	0.2%	0.09%	0.09%
CTSH	B	0.43%	0.96%	0.43%
CUBE	C	0.14%	0.05%	0.05%
CUZ	C	0.05%	0.02%	0.02%
CWEN	A	0.03%	0.01%	0.01%
CWEN	A	0.03%	0.01%	0.01%
CWEN	A	0.01%	0.01%	0.01%
CWEN	A	0.01%	0.01%	0.01%
DFS	C	0.4%	0.29%	0.29%
DG	F	0.21%	0.1%	0.1%
DGX	B	0.19%	0.11%	0.11%
DKS	D	0.12%	0.08%	0.08%
DLB	D	0.05%	0.03%	0.03%
DNB	D	0.04%	0.01%	0.01%
DOC	B	0.17%	0.09%	0.09%
DOW	C	0.41%	0.28%	0.28%
DRI	C	0.11%	0.12%	0.11%
DTE	A	0.29%	0.02%	0.02%
DTM	C	0.09%	0.02%	0.02%
DVN	F	0.29%	0.16%	0.16%
EBAY	B	0.36%	0.28%	0.28%
ED	B	0.4%	0.18%	0.18%
EIX	B	0.37%	0.13%	0.13%
ELS	D	0.15%	0.04%	0.04%
EMN	B	0.14%	0.1%	0.1%
EPR	C	0.04%	0.03%	0.03%
EQR	C	0.33%	0.1%	0.1%
ES	B	0.27%	0.09%	0.09%
ESS	C	0.22%	0.08%	0.08%
ETR	A	0.31%	0.05%	0.05%
EVR	B	0.1%	0.07%	0.07%
EVRG	B	0.15%	0.07%	0.07%
EWBC	C	0.13%	0.05%	0.05%
EXC	B	0.46%	0.12%	0.12%
EXPD	B	0.16%	0.17%	0.16%
EXR	C	0.43%	0.12%	0.12%
FAF	B	0.07%	0.06%	0.06%
FANG	F	0.36%	0.19%	0.19%
FAST	C	0.07%	0.1%	0.07%
FE	B	0.29%	0.09%	0.09%
FHB	D	0.03%	0.02%	0.02%
FHN	D	0.1%	0.05%	0.05%
FIS	C	0.53%	1.64%	0.53%
FITB	B	0.33%	0.14%	0.14%
FLO	C	0.05%	0.02%	0.02%
FMC	B	0.09%	0.04%	0.04%
FNB	D	0.06%	0.03%	0.03%
FNF	B	0.18%	0.08%	0.08%
FR	C	0.08%	0.02%	0.02%
FRT	C	0.11%	0.02%	0.02%
G	C	0.08%	0.16%	0.08%
GAP	F	0.05%	0.01%	0.01%
GEN	A	0.16%	0.5%	0.16%
GIS	B	0.47%	0.33%	0.33%
GLPI	C	0.15%	0.03%	0.03%
GLW	B	0.39%	0.58%	0.39%
GPC	D	0.22%	0.07%	0.07%
GPN	D	0.32%	0.23%	0.23%
HAS	B	0.01%	0.05%	0.01%
HBAN	B	0.24%	0.11%	0.11%
HIG	B	0.38%	0.25%	0.25%
HII	F	0.12%	0.03%	0.03%
HOG	C	0.05%	0.04%	0.04%
HPE	C	0.28%	0.49%	0.28%
HPQ	C	0.29%	1.12%	0.29%
HR	B	0.08%	0.05%	0.05%
HRB	C	0.08%	0.08%	0.08%
HRL	F	0.1%	0.03%	0.03%
HST	D	0.15%	0.06%	0.06%
HSY	D	0.28%	0.13%	0.13%
IDA	B	0.06%	0.02%	0.02%
IFF	A	0.3%	0.08%	0.08%
INGR	B	0.1%	0.03%	0.03%
INVH	D	0.25%	0.06%	0.06%
IP	C	0.19%	0.13%	0.13%
IPG	C	0.13%	0.13%	0.13%
IRDM	C	0.04%	0.04%	0.04%
IRM	C	0.16%	0.1%	0.1%
IVZ	B	0.07%	0.04%	0.04%
JEF	C	0.09%	0.07%	0.07%
JHG	B	0.06%	0.04%	0.04%
JNPR	A	0.14%	0.29%	0.14%
JWN	C	0.03%	0.01%	0.01%
K	A	0.24%	0.07%	0.07%
KEY	C	0.18%	0.11%	0.11%
KIM	C	0.17%	0.08%	0.08%
KMI	C	0.48%	0.22%	0.22%
KMPR	D	0.04%	0.01%	0.01%
KR	B	0.42%	0.1%	0.1%
KRC	C	0.05%	0.03%	0.03%
LAMR	B	0.1%	0.05%	0.05%
LEA	D	0.07%	0.04%	0.04%
LH	D	0.21%	0.14%	0.14%
LHX	C	0.5%	0.17%	0.17%
LKQ	F	0.12%	0.08%	0.08%
LNT	A	0.17%	0.04%	0.04%
LPX	B	0.02%	0.05%	0.02%
LUV	C	0.2%	0.04%	0.04%
LYB	D	0.28%	0.14%	0.14%
M	F	0.05%	0.02%	0.02%
MAA	C	0.21%	0.08%	0.08%
MAN	C	0.04%	0.04%	0.04%
MAS	B	0.2%	0.09%	0.09%
MCHP	D	0.46%	0.76%	0.46%
MDU	B	0.06%	0.01%	0.01%
MKC	C	0.24%	0.05%	0.05%
MRO	D	0.18%	0.12%	0.12%
MSM	D	0.04%	0.03%	0.03%
MTB	C	0.34%	0.27%	0.27%
MTG	B	0.07%	0.07%	0.07%
NEU	D	0.04%	0.02%	0.02%
NFG	B	0.06%	0.02%	0.02%
NI	B	0.17%	0.04%	0.04%
NNN	B	0.1%	0.03%	0.03%
NRG	B	0.12%	0.12%	0.12%
NTAP	D	0.16%	0.64%	0.16%
NTRS	C	0.21%	0.1%	0.1%
NUE	D	0.4%	0.25%	0.25%
NWL	C	0.03%	0.01%	0.01%
OGE	B	0.09%	0.04%	0.04%
OGN	D	0.06%	0.03%	0.03%
OHI	C	0.11%	0.07%	0.07%
OKE	C	0.62%	0.21%	0.21%
OMC	B	0.22%	0.19%	0.19%
OMF	D	0.06%	0.06%	0.06%
ORI	B	0.1%	0.09%	0.09%
OVV	F	0.12%	0.06%	0.06%
OZK	F	0.05%	0.04%	0.04%
PAG	D	0.03%	0.03%	0.03%
PAYX	C	0.31%	0.13%	0.13%
PB	D	0.07%	0.04%	0.04%
PEG	B	0.49%	0.13%	0.13%
PFG	B	0.22%	0.16%	0.16%
PII	D	0.05%	0.04%	0.04%
PKG	B	0.21%	0.09%	0.09%
PNW	C	0.12%	0.05%	0.05%
PPG	C	0.33%	0.08%	0.08%
PPL	A	0.27%	0.08%	0.08%
PR	F	0.08%	0.03%	0.03%
PRGO	F	0.04%	0.02%	0.02%
PRU	C	0.49%	0.34%	0.34%
R	C	0.07%	0.06%	0.06%
REG	C	0.15%	0.05%	0.05%
REYN	C	0.02%	0.01%	0.01%
RF	B	0.24%	0.14%	0.14%
RHI	D	0.08%	0.05%	0.05%
RITM	D	0.06%	0.06%	0.06%
RL	B	0.08%	0.06%	0.06%
ROK	D	0.31%	0.1%	0.1%
RPRX	C	0.12%	0.05%	0.05%
RYN	C	0.05%	0.01%	0.01%
SCI	C	0.13%	0.07%	0.07%
SEE	C	0.03%	0.01%	0.01%
SF	B	0.1%	0.06%	0.06%
SIRI	C	0.07%	0.02%	0.02%
SJM	C	0.14%	0.11%	0.11%
SMG	B	0.04%	0.01%	0.01%
SNA	B	0.17%	0.06%	0.06%
SNV	D	0.07%	0.03%	0.03%
SON	D	0.06%	0.02%	0.02%
SPG	B	0.45%	0.29%	0.29%
STAG	D	0.08%	0.03%	0.03%
STLD	C	0.2%	0.17%	0.17%
STWD	B	0.07%	0.06%	0.06%
SW	B	0.28%	0.05%	0.05%
SWK	B	0.19%	0.06%	0.06%
SWKS	F	0.18%	0.33%	0.18%
SYY	C	0.16%	0.17%	0.16%
TAP	D	0.11%	0.05%	0.05%
TFSL	D	0.01%	0.01%	0.01%
THG	C	0.06%	0.02%	0.02%
THO	C	0.06%	0.02%	0.02%
TPR	A	0.11%	0.08%	0.08%
TROW	C	0.27%	0.15%	0.15%
TSN	D	0.19%	0.09%	0.09%
UDR	C	0.17%	0.03%	0.03%
UGI	B	0.06%	0.03%	0.03%
UNM	B	0.12%	0.03%	0.03%
VFC	B	0.07%	0.03%	0.03%
VICI	C	0.39%	0.05%	0.05%
VOYA	B	0.09%	0.07%	0.07%
VTR	C	0.28%	0.08%	0.08%
VTRS	D	0.15%	0.09%	0.09%
WAL	B	0.11%	0.02%	0.02%
WBA	F	0.07%	0.06%	0.06%
WBS	C	0.09%	0.06%	0.06%
WEC	B	0.34%	0.12%	0.12%
WEN	C	0.02%	0.03%	0.02%
WH	B	0.06%	0.06%	0.06%
WMB	C	0.62%	0.19%	0.19%
WPC	C	0.15%	0.08%	0.08%
WSO	C	0.19%	0.02%	0.02%
WTRG	D	0.11%	0.01%	0.01%
WTW	B	0.33%	0.18%	0.18%
WY	C	0.27%	0.1%	0.1%
XEL	B	0.4%	0.1%	0.1%
XRAY	D	0.06%	0.03%	0.03%
YUM	B	0.25%	0.11%	0.11%
ZION	D	0.08%	0.04%	0.04%

IWS Overweight 447 Positions Relative to DIVB

Symbol	Grade	Weight
DHI	C	0.64%
AJG	D	0.63%
O	B	0.61%
DLR	B	0.58%
KVUE	B	0.5%
LEN	B	0.49%
PCG	C	0.48%
CTVA	B	0.46%
ACGL	B	0.46%
A	C	0.46%
URI	B	0.45%
AME	C	0.45%
CNC	D	0.45%
OTIS	B	0.44%
IQV	D	0.44%
ROST	C	0.44%
IR	B	0.44%
FERG	D	0.42%
HWM	B	0.42%
CBRE	B	0.42%
EA	D	0.42%
HUM	F	0.42%
GEHC	B	0.41%
DD	B	0.39%
XYL	C	0.37%
MLM	D	0.36%
NDAQ	C	0.35%
CHTR	D	0.35%
WAB	B	0.35%
CSGP	D	0.35%
MTD	C	0.34%
ON	D	0.34%
DAL	C	0.34%
BIIB	F	0.33%
ADM	D	0.33%
PHM	B	0.33%
PWR	B	0.33%
EFX	C	0.33%
ANSS	D	0.32%
NVR	B	0.31%
GRMN	D	0.3%
KEYS	B	0.3%
STT	B	0.3%
FTV	C	0.3%
HLT	B	0.3%
RCL	B	0.3%
CHD	C	0.29%
FSLR	C	0.29%
TTWO	D	0.29%
SBAC	C	0.29%
RMD	C	0.29%
DOV	B	0.29%
HAL	F	0.29%
VMC	C	0.28%
RJF	C	0.27%
FCNCA	D	0.27%
HUBB	B	0.26%
STE	B	0.26%
SQ	D	0.25%
WDC	C	0.25%
ZBH	F	0.25%
CBOE	C	0.25%
ILMN	D	0.24%
ARE	C	0.24%
MSTR	C	0.24%
LDOS	A	0.24%
BLDR	C	0.24%
COO	C	0.24%
SYF	C	0.23%
WBD	D	0.23%
TDY	B	0.23%
LNG	D	0.23%
BALL	C	0.23%
ATO	B	0.23%
APTV	D	0.22%
EQT	C	0.22%
TRU	B	0.22%
AVTR	C	0.21%
J	A	0.21%
HOLX	D	0.21%
CCL	C	0.21%
SUI	C	0.2%
CSL	B	0.2%
ZM	C	0.2%
MSCI	C	0.2%
TXT	D	0.19%
WRB	D	0.19%
UAL	B	0.19%
PNR	B	0.18%
THC	C	0.18%
IEX	C	0.18%
RS	D	0.18%
SSNC	C	0.18%
ZBRA	B	0.17%
VLTO	B	0.17%
CDW	D	0.17%
AKAM	D	0.17%
OC	C	0.17%
HOOD	C	0.17%
RVTY	B	0.17%
TOL	A	0.17%
MKL	C	0.17%
UTHR	B	0.17%
UHS	C	0.16%
JBHT	D	0.16%
EG	B	0.16%
IBKR	B	0.16%
L	D	0.16%
GGG	C	0.16%
USFD	C	0.16%
TRMB	C	0.16%
VRSN	C	0.16%
RGA	C	0.16%
NDSN	C	0.16%
DLTR	F	0.16%
HES	F	0.15%
BMRN	F	0.15%
BRO	C	0.15%
RNR	B	0.15%
ACM	B	0.15%
RPM	B	0.14%
TECH	C	0.14%
CVNA	B	0.14%
ALLE	B	0.14%
EME	B	0.14%
CW	B	0.14%
CLH	C	0.14%
JKHY	B	0.14%
FFIV	B	0.14%
KMX	D	0.13%
CASY	D	0.13%
RRX	C	0.13%
TFX	B	0.13%
FDS	C	0.13%
COHR	C	0.13%
JBL	C	0.13%
NVT	C	0.13%
FTI	D	0.13%
BLD	C	0.13%
ITT	B	0.13%
EPAM	F	0.12%
FWONK	C	0.12%
CE	D	0.12%
ATR	B	0.12%
AFRM	D	0.12%
NLY	B	0.12%
CRL	F	0.12%
AVY	C	0.12%
Z	C	0.12%
NTNX	D	0.12%
FBIN	B	0.12%
BJ	D	0.12%
CTLT	B	0.12%
CACI	B	0.12%
CCK	B	0.12%
REXR	C	0.12%
MTCH	C	0.11%
DPZ	D	0.11%
RGLD	C	0.11%
GL	D	0.11%
MKTX	D	0.11%
TTEK	C	0.11%
RIVN	F	0.11%
QRVO	F	0.11%
SOLV	D	0.11%
INCY	C	0.11%
DOX	C	0.11%
ARMK	B	0.11%
NWSA	D	0.11%
ALB	D	0.11%
PFGC	B	0.11%
WWD	C	0.11%
AYI	B	0.1%
CIEN	B	0.1%
AA	C	0.1%
JLL	B	0.1%
TWLO	C	0.1%
MGM	D	0.1%
DCI	C	0.1%
X	F	0.1%
NYT	B	0.1%
FYBR	C	0.1%
TTC	F	0.1%
WST	D	0.1%
PRI	B	0.1%
SNX	C	0.1%
GPK	C	0.1%
CZR	C	0.1%
EGP	C	0.1%
EHC	B	0.1%
HSIC	C	0.1%
FOXA	B	0.1%
WYNN	C	0.09%
BWXT	A	0.09%
MOH	D	0.09%
BWA	C	0.09%
SKX	C	0.09%
MIDD	C	0.09%
HLI	C	0.09%
COKE	C	0.09%
PNFP	C	0.09%
WEX	C	0.09%
WSM	C	0.09%
WAT	B	0.09%
KBR	D	0.09%
EXAS	D	0.09%
CHE	C	0.09%
GWRE	B	0.09%
ALGN	D	0.09%
ATI	C	0.09%
GMED	D	0.09%
BRBR	B	0.09%
DAY	D	0.09%
MTZ	C	0.09%
ALSN	B	0.09%
FCN	C	0.09%
FND	C	0.09%
AXTA	B	0.09%
AR	C	0.09%
APG	F	0.09%
LAD	B	0.09%
PTC	C	0.09%
GME	D	0.09%
ROKU	D	0.09%
KNX	C	0.09%
MOS	F	0.09%
MHK	B	0.09%
TKO	A	0.09%
RBC	B	0.09%
TW	B	0.09%
CRUS	D	0.08%
NOV	F	0.08%
OKTA	F	0.08%
AAL	D	0.08%
MSA	D	0.08%
CROX	C	0.08%
VNO	B	0.08%
BFAM	C	0.08%
RGEN	F	0.08%
SEIC	B	0.08%
JAZZ	D	0.08%
GNTX	D	0.08%
SAIC	C	0.08%
MKSI	F	0.08%
ARW	B	0.08%
ELAN	D	0.08%
ACHC	D	0.08%
SOFI	D	0.08%
FICO	B	0.08%
WTFC	C	0.08%
KEX	C	0.08%
RRC	D	0.08%
SSD	C	0.08%
DINO	F	0.08%
ONTO	C	0.08%
CART	C	0.08%
WCC	C	0.08%
ADC	C	0.08%
SWN	C	0.08%
LECO	D	0.08%
CR	B	0.08%
H	B	0.07%
ESI	C	0.07%
MTSI	C	0.07%
DAR	F	0.07%
GWW	B	0.07%
AGCO	D	0.07%
RLI	B	0.07%
GXO	D	0.07%
ESAB	C	0.07%
OLLI	C	0.07%
PARA	D	0.07%
FLS	C	0.07%
AZPN	B	0.07%
LFUS	C	0.07%
LW	D	0.07%
BIO	C	0.07%
LSTR	D	0.07%
CGNX	F	0.07%
OSK	F	0.07%
MAT	D	0.07%
BBWI	D	0.07%
WMS	D	0.07%
OLED	D	0.06%
FOX	B	0.06%
W	C	0.06%
CCCS	D	0.06%
LINE	F	0.06%
HXL	F	0.06%
ALK	B	0.06%
LBRDK	C	0.06%
ROIV	D	0.06%
VNT	F	0.06%
WSC	D	0.06%
OLN	D	0.06%
ST	D	0.06%
LNC	C	0.06%
TKR	C	0.06%
COIN	F	0.06%
WHR	C	0.06%
PVH	D	0.06%
KD	F	0.06%
AMG	C	0.06%
SN	B	0.06%
S	D	0.06%
VMI	C	0.06%
POST	B	0.06%
MTDR	F	0.06%
SRCL	B	0.06%
IAC	C	0.05%
UHAL	B	0.05%
LITE	B	0.05%
RH	C	0.05%
DBX	C	0.05%
BILL	D	0.05%
SITE	D	0.05%
GNRC	D	0.05%
SLGN	B	0.05%
CPRI	D	0.05%
EEFT	F	0.05%
WTM	F	0.05%
AN	C	0.05%
FRPT	C	0.05%
PSN	B	0.05%
DOCS	B	0.05%
SAIA	D	0.05%
SLM	C	0.05%
AL	C	0.05%
WLK	C	0.05%
AMED	D	0.04%
ZG	C	0.04%
PAYC	D	0.04%
ZI	D	0.04%
NXST	D	0.04%
NWS	D	0.04%
NVST	D	0.04%
VNOM	D	0.04%
PK	D	0.04%
NSA	C	0.04%
PLNT	C	0.04%
SPR	D	0.04%
LBTYK	B	0.04%
MPW	C	0.04%
U	D	0.04%
LBTYA	B	0.04%
COTY	D	0.04%
HIW	C	0.04%
MSGS	B	0.04%
AMKR	F	0.04%
GTES	C	0.04%
CLF	F	0.04%
TYL	C	0.04%
HUN	C	0.04%
TPG	C	0.04%
AWI	B	0.04%
DXC	D	0.04%
ALNY	C	0.04%
GFS	F	0.04%
BROS	D	0.03%
EXP	B	0.03%
ENOV	F	0.03%
YETI	D	0.03%
HHH	C	0.03%
CRI	D	0.03%
QDEL	D	0.03%
SHC	C	0.03%
VIRT	C	0.03%
SPB	B	0.03%
MASI	C	0.03%
ULTA	D	0.03%
VAC	D	0.03%
RKT	C	0.03%
BRKR	D	0.03%
AZTA	F	0.03%
BHF	F	0.03%
COLM	C	0.03%
ALGM	D	0.03%
CLVT	D	0.03%
LOPE	D	0.03%
CNM	F	0.03%
WU	C	0.03%
CXT	F	0.03%
PENN	D	0.03%
TNL	C	0.03%
LCID	C	0.03%
LYFT	D	0.02%
UAA	C	0.02%
TRIP	F	0.02%
UA	C	0.02%
GO	F	0.02%
PPC	D	0.02%
INFA	D	0.02%
LEG	D	0.02%
TER	C	0.02%
MP	C	0.02%
LEN	B	0.02%
BIRK	F	0.02%
FTRE	F	0.02%
GLOB	D	0.02%
SAM	D	0.02%
PSTG	F	0.02%
IPGP	D	0.02%
LLYVK	B	0.02%
QS	F	0.02%
VSTS	D	0.02%
AZEK	C	0.02%
PINC	D	0.02%
KSS	D	0.02%
HAYW	C	0.02%
BR	C	0.02%
ETSY	D	0.02%
RCM	C	0.02%
IONS	F	0.01%
UI	B	0.01%
PLTK	C	0.01%
CACC	F	0.01%
LBRDA	C	0.01%
PATH	D	0.01%
LLYVA	B	0.01%
TXG	D	0.01%
AS	C	0.01%
PYCR	D	0.01%
CAR	D	0.01%
SEB	D	0.01%
LSCC	D	0.01%
NCNO	F	0.01%
WOLF	F	0.01%
HCP	A	0.01%
ALAB	C	0.01%
FWONA	C	0.01%
DV	F	0.01%
FIVE	D	0.01%
MTN	D	0.01%
CNA	D	0.01%
DDS	D	0.01%
CERT	F	0.01%
EXEL	C	0.01%
SNDR	B	0.01%
SEG	F	0.0%
LOAR	C	0.0%
PARAA	D	0.0%
DJT	F	0.0%
NFE	F	0.0%
UWMC	D	0.0%
UHAL	B	0.0%
LAZ	B	0.0%
GRAL	F	0.0%

IWS Underweight 174 Positions Relative to DIVB

Symbol	Grade	Weight
CSCO	B	-5.04%
IBM	B	-4.25%
ACN	C	-3.45%
TXN	B	-3.23%
XOM	D	-2.74%
JPM	D	-2.17%
VZ	A	-1.89%
CVX	F	-1.86%
JNJ	C	-1.66%
HD	B	-1.64%
T	B	-1.58%
PG	C	-1.53%
WFC	D	-1.41%
ABBV	B	-1.41%
LOW	B	-1.26%
RTX	B	-1.16%
BAC	D	-1.14%
MS	B	-1.11%
GS	B	-1.02%
TEL	D	-1.01%
BMY	C	-1.0%
LMT	A	-1.0%
PFE	D	-0.99%
CAT	B	-0.99%
KO	B	-0.93%
PM	C	-0.91%
MCD	B	-0.88%
COP	F	-0.85%
PEP	D	-0.85%
CI	C	-0.77%
DE	A	-0.75%
MRK	F	-0.74%
UPS	D	-0.69%
BLK	B	-0.63%
CVS	D	-0.61%
C	C	-0.6%
HON	C	-0.6%
GILD	B	-0.6%
ABT	C	-0.55%
NKE	D	-0.55%
AIG	D	-0.54%
UNP	D	-0.54%
PNC	C	-0.52%
STX	B	-0.51%
AMGN	D	-0.51%
MET	B	-0.5%
CSX	C	-0.48%
MDLZ	C	-0.43%
CRH	B	-0.42%
MDT	B	-0.42%
MMM	B	-0.42%
SBUX	C	-0.42%
BX	C	-0.39%
PSX	F	-0.38%
NOC	B	-0.37%
PLD	C	-0.37%
ADP	C	-0.37%
CME	B	-0.36%
DUK	B	-0.35%
TFC	D	-0.35%
ITW	B	-0.34%
USB	C	-0.32%
NSC	C	-0.31%
CL	C	-0.31%
FDX	D	-0.29%
TRV	C	-0.28%
COF	B	-0.27%
PSA	C	-0.24%
SO	B	-0.24%
F	F	-0.24%
EMR	D	-0.24%
EOG	D	-0.23%
TGT	C	-0.22%
AMT	C	-0.22%
NEM	C	-0.21%
KDP	B	-0.2%
KMB	C	-0.19%
KHC	C	-0.18%
SRE	B	-0.17%
AEP	C	-0.15%
APD	B	-0.15%
JCI	B	-0.14%
D	C	-0.14%
SLB	F	-0.14%
NEE	B	-0.11%
TRGP	C	-0.09%
KLIC	D	-0.07%
ARES	B	-0.07%
EL	D	-0.07%
CLX	C	-0.07%
KBH	C	-0.05%
VSH	F	-0.05%
CCOI	C	-0.04%
SBRA	C	-0.04%
OWL	B	-0.04%
ALV	F	-0.04%
SLG	C	-0.03%
MGY	D	-0.03%
CRC	C	-0.03%
UBSI	D	-0.03%
HOMB	D	-0.03%
PBF	F	-0.03%
KRG	C	-0.03%
VLY	D	-0.03%
ONB	D	-0.03%
ESNT	B	-0.03%
SSB	C	-0.03%
FHI	B	-0.03%
NHI	C	-0.03%
CNO	C	-0.03%
GOLF	F	-0.02%
WD	B	-0.02%
FFIN	C	-0.02%
APAM	C	-0.02%
CDP	B	-0.02%
ASB	D	-0.02%
VCTR	B	-0.02%
NSP	F	-0.02%
HWC	D	-0.02%
KTB	B	-0.02%
PTEN	F	-0.02%
MAC	B	-0.02%
BTU	C	-0.02%
EQH	C	-0.02%
MC	C	-0.02%
MUR	F	-0.02%
PCH	C	-0.02%
AEO	D	-0.02%
GBCI	C	-0.02%
RUSHA	C	-0.02%
SHOO	B	-0.02%
HRI	C	-0.02%
HP	F	-0.02%
ARCH	D	-0.02%
PNM	B	-0.01%
MCY	C	-0.01%
IIPR	B	-0.01%
CVI	F	-0.01%
IPAR	D	-0.01%
OGS	B	-0.01%
SXT	B	-0.01%
BKH	B	-0.01%
OTTR	F	-0.01%
AWR	C	-0.01%
RHP	C	-0.01%
MGEE	C	-0.01%
UCB	D	-0.01%
SKT	B	-0.01%
AROC	D	-0.01%
ABM	D	-0.01%
HI	F	-0.01%
GEF	C	-0.01%
NJR	C	-0.01%
CNS	B	-0.01%
IBOC	D	-0.01%
CATY	C	-0.01%
RRR	D	-0.01%
AVNT	B	-0.01%
APLE	C	-0.01%
WMG	D	-0.01%
SITC	D	-0.01%
LXP	C	-0.01%
IRT	C	-0.01%
LCII	C	-0.01%
RDN	D	-0.0%
RUSHB	C	-0.0%
CADE	C	-0.0%
PECO	C	-0.0%
CRK	C	-0.0%
ALE	A	-0.0%
GEF	C	-0.0%
SWX	C	-0.0%
AVA	B	-0.0%
ACT	C	-0.0%