IWS vs. EQAL ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to PowerShares Russell 1000 Equal Weight Portfolio (EQAL)

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

$138.66

Average Daily Volume

277,468

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$51.42

Average Daily Volume

21,601

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

Performance

Period	IWS	EQAL
30 Days	3.96%	3.94%
60 Days	5.27%	5.97%
90 Days	6.56%	7.66%
12 Months	30.55%	27.37%

674 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in EQAL	Overlap
A	D	0.41%	0.07%	0.07%
AA	A	0.12%	0.31%	0.12%
AAL	B	0.1%	0.07%	0.07%
AAP	D	0.02%	0.05%	0.02%
ACGL	C	0.4%	0.06%	0.06%
ACHC	F	0.04%	0.04%	0.04%
ACI	C	0.09%	0.16%	0.09%
ACM	B	0.16%	0.05%	0.05%
ADC	A	0.08%	0.14%	0.08%
ADM	D	0.28%	0.14%	0.14%
AEE	A	0.27%	0.21%	0.21%
AES	F	0.11%	0.15%	0.11%
AFG	A	0.11%	0.06%	0.06%
AFL	B	0.68%	0.06%	0.06%
AFRM	A	0.14%	0.06%	0.06%
AGCO	D	0.06%	0.05%	0.05%
AGNC	C	0.08%	0.06%	0.06%
AGO	B	0.05%	0.08%	0.05%
AGR	A	0.03%	0.2%	0.03%
AIZ	A	0.13%	0.07%	0.07%
AJG	A	0.65%	0.07%	0.07%
AKAM	D	0.14%	0.06%	0.06%
AL	B	0.06%	0.05%	0.05%
ALB	B	0.13%	0.27%	0.13%
ALGM	D	0.03%	0.06%	0.03%
ALGN	D	0.08%	0.08%	0.08%
ALK	B	0.07%	0.07%	0.07%
ALL	A	0.48%	0.06%	0.06%
ALLE	C	0.13%	0.05%	0.05%
ALLY	C	0.1%	0.07%	0.07%
ALNY	D	0.04%	0.08%	0.04%
ALSN	B	0.11%	0.06%	0.06%
AM	A	0.04%	0.2%	0.04%
AMCR	C	0.16%	0.04%	0.04%
AME	A	0.49%	0.05%	0.05%
AMED	F	0.03%	0.07%	0.03%
AMG	B	0.06%	0.07%	0.06%
AMH	C	0.14%	0.13%	0.13%
AMKR	D	0.03%	0.05%	0.03%
AMP	A	0.06%	0.08%	0.06%
AN	C	0.05%	0.05%	0.05%
ANSS	B	0.32%	0.07%	0.07%
AOS	F	0.1%	0.04%	0.04%
APA	D	0.09%	0.19%	0.09%
APG	B	0.09%	0.05%	0.05%
APTV	F	0.16%	0.04%	0.04%
AR	B	0.1%	0.23%	0.1%
ARE	F	0.2%	0.12%	0.12%
ARMK	B	0.11%	0.06%	0.06%
ARW	D	0.07%	0.06%	0.06%
ASH	F	0.04%	0.22%	0.04%
ATI	C	0.08%	0.04%	0.04%
ATO	A	0.24%	0.21%	0.21%
ATR	B	0.12%	0.05%	0.05%
AVB	B	0.36%	0.13%	0.13%
AVT	C	0.05%	0.06%	0.05%
AVTR	F	0.15%	0.06%	0.06%
AVY	F	0.11%	0.22%	0.11%
AWI	A	0.05%	0.06%	0.05%
AWK	C	0.29%	0.18%	0.18%
AXS	A	0.07%	0.07%	0.07%
AXTA	B	0.1%	0.05%	0.05%
AYI	B	0.11%	0.06%	0.06%
AZEK	A	0.02%	0.05%	0.02%
AZTA	D	0.02%	0.07%	0.02%
BALL	F	0.21%	0.04%	0.04%
BAX	F	0.18%	0.06%	0.06%
BBWI	C	0.08%	0.06%	0.06%
BBY	D	0.22%	0.05%	0.05%
BC	C	0.06%	0.05%	0.05%
BEN	C	0.07%	0.07%	0.07%
BERY	C	0.08%	0.05%	0.05%
BFAM	D	0.06%	0.04%	0.04%
BG	D	0.14%	0.14%	0.14%
BHF	C	0.03%	0.08%	0.03%
BIIB	F	0.26%	0.07%	0.07%
BILL	A	0.07%	0.08%	0.07%
BIO	C	0.07%	0.09%	0.07%
BIRK	D	0.02%	0.05%	0.02%
BJ	A	0.13%	0.05%	0.05%
BK	A	0.64%	0.07%	0.07%
BKR	A	0.47%	0.26%	0.26%
BLD	D	0.11%	0.04%	0.04%
BLDR	D	0.21%	0.05%	0.05%
BMRN	F	0.13%	0.06%	0.06%
BOKF	B	0.03%	0.07%	0.03%
BPOP	C	0.07%	0.06%	0.06%
BR	A	0.03%	0.07%	0.03%
BRBR	A	0.1%	0.2%	0.1%
BRKR	D	0.02%	0.07%	0.02%
BRO	B	0.16%	0.07%	0.07%
BROS	A	0.03%	0.07%	0.03%
BRX	A	0.1%	0.14%	0.1%
BWA	D	0.09%	0.05%	0.05%
BWXT	B	0.1%	0.06%	0.06%
BXP	C	0.14%	0.14%	0.14%
BYD	B	0.06%	0.06%	0.06%
CACC	D	0.01%	0.06%	0.01%
CACI	D	0.11%	0.07%	0.07%
CAG	F	0.14%	0.14%	0.14%
CAH	B	0.13%	0.09%	0.09%
CAR	C	0.01%	0.08%	0.01%
CASY	A	0.13%	0.16%	0.13%
CBOE	C	0.23%	0.06%	0.06%
CBRE	B	0.44%	0.15%	0.15%
CBSH	B	0.09%	0.07%	0.07%
CC	C	0.03%	0.27%	0.03%
CCI	C	0.5%	0.12%	0.12%
CCK	D	0.12%	0.05%	0.05%
CCL	A	0.27%	0.07%	0.07%
CDW	F	0.13%	0.05%	0.05%
CE	F	0.07%	0.15%	0.07%
CERT	F	0.01%	0.08%	0.01%
CF	A	0.18%	0.26%	0.18%
CFG	B	0.23%	0.07%	0.07%
CFR	B	0.09%	0.08%	0.08%
CG	B	0.12%	0.08%	0.08%
CGNX	D	0.07%	0.05%	0.05%
CHD	A	0.29%	0.16%	0.16%
CHE	D	0.08%	0.08%	0.08%
CHH	A	0.01%	0.06%	0.01%
CHRD	D	0.09%	0.19%	0.09%
CHRW	B	0.14%	0.05%	0.05%
CHTR	C	0.4%	0.58%	0.4%
CIEN	C	0.11%	0.64%	0.11%
CINF	A	0.26%	0.07%	0.07%
CIVI	D	0.04%	0.19%	0.04%
CLF	F	0.04%	0.24%	0.04%
CLH	C	0.14%	0.21%	0.14%
CLVT	D	0.02%	0.04%	0.02%
CMA	B	0.1%	0.08%	0.08%
CMI	A	0.54%	0.06%	0.06%
CMS	C	0.22%	0.19%	0.19%
CNA	C	0.01%	0.06%	0.01%
CNC	D	0.33%	0.06%	0.06%
CNH	C	0.1%	0.05%	0.05%
CNM	D	0.03%	0.05%	0.03%
CNP	A	0.21%	0.21%	0.21%
CNXC	F	0.02%	0.04%	0.02%
COHR	B	0.14%	0.08%	0.08%
COIN	C	0.11%	0.11%	0.11%
COKE	C	0.08%	0.15%	0.08%
COLB	B	0.07%	0.08%	0.07%
COLD	D	0.07%	0.1%	0.07%
COLM	C	0.03%	0.05%	0.03%
COTY	F	0.03%	0.04%	0.03%
CPB	D	0.09%	0.14%	0.09%
CPRI	F	0.03%	0.03%	0.03%
CPT	B	0.14%	0.13%	0.13%
CR	A	0.09%	0.05%	0.05%
CRI	F	0.02%	0.04%	0.02%
CRL	D	0.11%	0.08%	0.08%
CROX	D	0.05%	0.04%	0.04%
CRUS	D	0.06%	0.05%	0.05%
CSGP	D	0.32%	0.13%	0.13%
CSL	C	0.19%	0.05%	0.05%
CTLT	C	0.12%	0.08%	0.08%
CTRA	B	0.21%	0.22%	0.21%
CTSH	B	0.42%	0.07%	0.07%
CTVA	C	0.43%	0.16%	0.16%
CUBE	C	0.12%	0.12%	0.12%
CUZ	B	0.05%	0.14%	0.05%
CVNA	B	0.19%	0.09%	0.09%
CW	C	0.15%	0.06%	0.06%
CWEN	C	0.03%	0.19%	0.03%
CWEN	C	0.01%	0.19%	0.01%
CXT	C	0.03%	0.04%	0.03%
CZR	F	0.09%	0.05%	0.05%
DAL	B	0.45%	0.07%	0.07%
DAR	C	0.08%	0.19%	0.08%
DAY	B	0.11%	0.08%	0.08%
DBX	B	0.05%	0.07%	0.05%
DCI	B	0.1%	0.05%	0.05%
DD	C	0.38%	0.04%	0.04%
DDS	B	0.01%	0.07%	0.01%
DFS	B	0.48%	0.08%	0.08%
DG	F	0.18%	0.05%	0.05%
DGX	A	0.2%	0.08%	0.08%
DHI	F	0.53%	0.04%	0.04%
DINO	D	0.07%	0.19%	0.07%
DJT	C	0.01%	0.1%	0.01%
DKS	D	0.11%	0.05%	0.05%
DLB	B	0.05%	0.06%	0.05%
DLR	B	0.64%	0.15%	0.15%
DLTR	F	0.14%	0.05%	0.05%
DNB	B	0.04%	0.07%	0.04%
DOC	C	0.16%	0.13%	0.13%
DOCS	C	0.06%	0.11%	0.06%
DOV	A	0.3%	0.05%	0.05%
DOW	F	0.34%	0.04%	0.04%
DOX	D	0.11%	0.06%	0.06%
DPZ	C	0.11%	0.05%	0.05%
DRI	B	0.1%	0.05%	0.05%
DTE	C	0.27%	0.19%	0.19%
DTM	A	0.11%	0.26%	0.11%
DV	C	0.01%	0.07%	0.01%
DVN	F	0.27%	0.19%	0.19%
DXC	B	0.04%	0.06%	0.04%
EA	A	0.47%	0.06%	0.06%
EBAY	D	0.34%	0.05%	0.05%
ED	C	0.37%	0.18%	0.18%
EEFT	B	0.05%	0.05%	0.05%
EFX	F	0.27%	0.04%	0.04%
EG	C	0.15%	0.06%	0.06%
EGP	D	0.09%	0.13%	0.09%
EHC	B	0.11%	0.09%	0.09%
EIX	B	0.35%	0.19%	0.19%
ELAN	D	0.08%	0.08%	0.08%
ELS	C	0.14%	0.13%	0.13%
EME	A	0.15%	0.06%	0.06%
EMN	C	0.13%	0.24%	0.13%
ENOV	C	0.03%	0.08%	0.03%
EPAM	B	0.13%	0.08%	0.08%
EPR	C	0.04%	0.13%	0.04%
EQR	C	0.31%	0.13%	0.13%
EQT	B	0.26%	0.26%	0.26%
ES	C	0.24%	0.18%	0.18%
ESAB	C	0.08%	0.06%	0.06%
ESI	B	0.07%	0.26%	0.07%
ESS	B	0.21%	0.13%	0.13%
ETR	B	0.35%	0.23%	0.23%
ETSY	D	0.02%	0.05%	0.02%
EVR	B	0.12%	0.08%	0.08%
EVRG	A	0.16%	0.21%	0.16%
EWBC	A	0.16%	0.09%	0.09%
EXAS	D	0.06%	0.06%	0.06%
EXC	C	0.43%	0.19%	0.19%
EXEL	B	0.02%	0.11%	0.02%
EXP	B	0.03%	0.05%	0.03%
EXPD	C	0.16%	0.05%	0.05%
EXR	C	0.38%	0.13%	0.13%
FAF	A	0.07%	0.06%	0.06%
FANG	C	0.37%	0.21%	0.21%
FAST	B	0.08%	0.28%	0.08%
FBIN	D	0.1%	0.04%	0.04%
FCN	F	0.08%	0.04%	0.04%
FCNCA	A	0.29%	0.07%	0.07%
FDS	B	0.13%	0.07%	0.07%
FE	C	0.26%	0.18%	0.18%
FFIV	B	0.15%	0.07%	0.07%
FHB	B	0.04%	0.07%	0.04%
FHN	A	0.12%	0.08%	0.08%
FICO	B	0.09%	0.06%	0.06%
FIS	C	0.54%	0.05%	0.05%
FITB	B	0.35%	0.07%	0.07%
FIVE	F	0.01%	0.05%	0.01%
FLO	D	0.04%	0.15%	0.04%
FLS	B	0.09%	0.06%	0.06%
FMC	D	0.07%	0.21%	0.07%
FNB	A	0.06%	0.07%	0.06%
FND	D	0.08%	0.05%	0.05%
FNF	B	0.18%	0.06%	0.06%
FOXA	A	0.12%	0.07%	0.07%
FR	D	0.08%	0.13%	0.08%
FRPT	A	0.05%	0.17%	0.05%
FRT	B	0.1%	0.13%	0.1%
FSLR	F	0.22%	0.16%	0.16%
FTI	A	0.13%	0.23%	0.13%
FTRE	D	0.02%	0.08%	0.02%
FTV	C	0.29%	0.04%	0.04%
FYBR	C	0.09%	0.49%	0.09%
G	B	0.09%	0.05%	0.05%
GAP	C	0.05%	0.05%	0.05%
GEHC	D	0.37%	0.08%	0.08%
GEN	B	0.18%	0.07%	0.07%
GFS	C	0.04%	0.07%	0.04%
GGG	B	0.16%	0.05%	0.05%
GIS	D	0.39%	0.14%	0.14%
GL	C	0.11%	0.07%	0.07%
GLOB	B	0.02%	0.07%	0.02%
GLPI	C	0.14%	0.13%	0.13%
GLW	B	0.39%	0.07%	0.07%
GME	C	0.11%	0.07%	0.07%
GMED	A	0.1%	0.09%	0.09%
GNRC	C	0.06%	0.06%	0.06%
GNTX	C	0.08%	0.05%	0.05%
GO	C	0.02%	0.17%	0.02%
GPC	D	0.19%	0.05%	0.05%
GPK	C	0.09%	0.04%	0.04%
GPN	B	0.33%	0.05%	0.05%
GRMN	B	0.36%	0.06%	0.06%
GTES	A	0.05%	0.05%	0.05%
GWRE	A	0.1%	0.07%	0.07%
GWW	B	0.07%	0.05%	0.05%
GXO	B	0.08%	0.05%	0.05%
H	B	0.06%	0.06%	0.06%
HAL	C	0.29%	0.21%	0.21%
HAS	D	0.01%	0.05%	0.01%
HAYW	B	0.03%	0.05%	0.03%
HBAN	A	0.28%	0.08%	0.08%
HCP	B	0.01%	0.06%	0.01%
HES	B	0.16%	0.22%	0.16%
HHH	B	0.03%	0.15%	0.03%
HIG	B	0.38%	0.07%	0.07%
HII	F	0.08%	0.03%	0.03%
HIW	C	0.04%	0.13%	0.04%
HLI	A	0.1%	0.07%	0.07%
HLT	A	0.33%	0.06%	0.06%
HOG	D	0.04%	0.05%	0.04%
HOLX	D	0.2%	0.08%	0.08%
HOOD	B	0.24%	0.09%	0.09%
HPE	B	0.3%	0.08%	0.08%
HPQ	B	0.3%	0.07%	0.07%
HRB	D	0.07%	0.05%	0.05%
HRL	D	0.09%	0.15%	0.09%
HSIC	C	0.1%	0.08%	0.08%
HST	C	0.13%	0.14%	0.13%
HSY	F	0.24%	0.14%	0.14%
HUBB	B	0.26%	0.05%	0.05%
HUM	C	0.37%	0.07%	0.07%
HUN	F	0.04%	0.21%	0.04%
HWM	A	0.47%	0.05%	0.05%
HXL	F	0.05%	0.23%	0.05%
IAC	F	0.04%	0.06%	0.04%
IBKR	A	0.21%	0.09%	0.09%
IDA	A	0.07%	0.22%	0.07%
IEX	C	0.19%	0.05%	0.05%
IFF	D	0.24%	0.2%	0.2%
ILMN	C	0.24%	0.09%	0.09%
INCY	C	0.13%	0.1%	0.1%
INFA	D	0.02%	0.06%	0.02%
INGR	C	0.1%	0.17%	0.1%
INVH	D	0.23%	0.13%	0.13%
IONS	F	0.0%	0.07%	0.0%
IP	A	0.22%	0.28%	0.22%
IPG	D	0.11%	0.05%	0.05%
IPGP	D	0.02%	0.07%	0.02%
IQV	F	0.34%	0.07%	0.07%
IR	B	0.45%	0.05%	0.05%
IRDM	D	0.03%	0.57%	0.03%
IRM	C	0.16%	0.13%	0.13%
ITT	A	0.14%	0.05%	0.05%
IVZ	B	0.07%	0.07%	0.07%
J	D	0.19%	0.05%	0.05%
JAZZ	B	0.08%	0.09%	0.08%
JBHT	C	0.16%	0.05%	0.05%
JBL	C	0.14%	0.08%	0.08%
JEF	A	0.1%	0.08%	0.08%
JHG	B	0.06%	0.08%	0.06%
JKHY	D	0.14%	0.04%	0.04%
JLL	D	0.09%	0.14%	0.09%
JNPR	D	0.13%	0.5%	0.13%
JWN	D	0.03%	0.05%	0.03%
K	A	0.23%	0.16%	0.16%
KBR	F	0.08%	0.06%	0.06%
KD	B	0.07%	0.08%	0.07%
KEX	B	0.08%	0.05%	0.05%
KEY	B	0.2%	0.07%	0.07%
KEYS	A	0.29%	0.05%	0.05%
KIM	A	0.18%	0.14%	0.14%
KMI	A	0.58%	0.26%	0.26%
KMPR	A	0.05%	0.07%	0.05%
KMX	B	0.13%	0.05%	0.05%
KNX	C	0.1%	0.05%	0.05%
KR	B	0.42%	0.17%	0.17%
KRC	B	0.05%	0.15%	0.05%
KSS	F	0.02%	0.05%	0.02%
KVUE	A	0.5%	0.16%	0.16%
L	A	0.17%	0.06%	0.06%
LAD	A	0.11%	0.07%	0.07%
LAMR	C	0.09%	0.14%	0.09%
LBRDK	C	0.08%	0.74%	0.08%
LCID	F	0.02%	0.03%	0.02%
LDOS	C	0.24%	0.07%	0.07%
LEA	F	0.06%	0.05%	0.05%
LECO	C	0.09%	0.05%	0.05%
LEG	F	0.02%	0.05%	0.02%
LEN	D	0.44%	0.05%	0.05%
LEN	D	0.02%	0.05%	0.02%
LFUS	D	0.06%	0.05%	0.05%
LH	B	0.22%	0.09%	0.09%
LHX	C	0.51%	0.05%	0.05%
LITE	B	0.06%	0.78%	0.06%
LKQ	F	0.11%	0.05%	0.05%
LNC	C	0.07%	0.07%	0.07%
LNG	A	0.26%	0.23%	0.23%
LNT	A	0.17%	0.2%	0.17%
LOPE	C	0.03%	0.06%	0.03%
LPX	B	0.02%	0.06%	0.02%
LSCC	D	0.01%	0.07%	0.01%
LSTR	D	0.07%	0.04%	0.04%
LUV	C	0.21%	0.06%	0.06%
LW	C	0.08%	0.2%	0.08%
LYB	F	0.24%	0.21%	0.21%
LYFT	C	0.02%	0.08%	0.02%
M	F	0.05%	0.05%	0.05%
MAA	B	0.2%	0.13%	0.13%
MAN	F	0.03%	0.04%	0.03%
MAS	D	0.19%	0.05%	0.05%
MASI	B	0.04%	0.11%	0.04%
MAT	D	0.07%	0.05%	0.05%
MCHP	F	0.37%	0.05%	0.05%
MDU	D	0.04%	0.03%	0.03%
MGM	D	0.1%	0.05%	0.05%
MHK	D	0.08%	0.04%	0.04%
MIDD	C	0.08%	0.05%	0.05%
MKC	C	0.21%	0.14%	0.14%
MKL	A	0.18%	0.07%	0.07%
MKSI	C	0.07%	0.05%	0.05%
MKTX	D	0.11%	0.06%	0.06%
MLM	C	0.37%	0.05%	0.05%
MOH	F	0.07%	0.07%	0.07%
MOS	F	0.09%	0.25%	0.09%
MP	C	0.03%	0.32%	0.03%
MPW	F	0.03%	0.1%	0.03%
MRO	B	0.18%	0.22%	0.18%
MSA	F	0.07%	0.05%	0.05%
MSCI	C	0.21%	0.07%	0.07%
MSGS	A	0.04%	0.06%	0.04%
MSM	C	0.04%	0.05%	0.04%
MSTR	B	0.55%	0.15%	0.15%
MTB	A	0.39%	0.08%	0.08%
MTCH	D	0.09%	0.05%	0.05%
MTD	F	0.27%	0.04%	0.04%
MTDR	B	0.07%	0.23%	0.07%
MTG	C	0.07%	0.06%	0.06%
MTN	C	0.01%	0.05%	0.01%
MTSI	B	0.08%	0.08%	0.08%
MTZ	B	0.09%	0.05%	0.05%
NCNO	C	0.01%	0.09%	0.01%
NDAQ	A	0.36%	0.07%	0.07%
NDSN	B	0.16%	0.05%	0.05%
NEU	D	0.04%	0.23%	0.04%
NFE	D	0.0%	0.17%	0.0%
NFG	A	0.06%	0.2%	0.06%
NI	A	0.18%	0.21%	0.18%
NNN	C	0.08%	0.12%	0.08%
NOV	C	0.07%	0.2%	0.07%
NRG	B	0.12%	0.23%	0.12%
NSA	C	0.03%	0.12%	0.03%
NTAP	C	0.15%	0.06%	0.06%
NTNX	B	0.13%	0.07%	0.07%
NTRS	A	0.24%	0.08%	0.08%
NUE	C	0.39%	0.25%	0.25%
NVR	D	0.28%	0.05%	0.05%
NVST	B	0.04%	0.09%	0.04%
NVT	B	0.13%	0.05%	0.05%
NWL	C	0.04%	0.07%	0.04%
NWSA	A	0.12%	0.06%	0.06%
NXST	C	0.03%	0.05%	0.03%
NYT	D	0.09%	0.05%	0.05%
O	C	0.54%	0.12%	0.12%
OC	A	0.18%	0.05%	0.05%
OGE	A	0.09%	0.21%	0.09%
OGN	F	0.04%	0.06%	0.04%
OHI	C	0.11%	0.13%	0.11%
OKE	A	0.7%	0.24%	0.24%
OKTA	C	0.07%	0.06%	0.06%
OLED	F	0.04%	0.05%	0.04%
OLLI	D	0.06%	0.05%	0.05%
OLN	F	0.05%	0.24%	0.05%
OMC	C	0.21%	0.06%	0.06%
OMF	A	0.07%	0.08%	0.07%
ON	D	0.31%	0.06%	0.06%
ONTO	F	0.06%	0.05%	0.05%
ORI	A	0.1%	0.07%	0.07%
OSK	C	0.08%	0.05%	0.05%
OTIS	C	0.44%	0.05%	0.05%
OVV	B	0.13%	0.23%	0.13%
OZK	B	0.06%	0.07%	0.06%
PAG	B	0.03%	0.06%	0.03%
PARA	C	0.07%	0.05%	0.05%
PATH	C	0.01%	0.06%	0.01%
PAYC	B	0.05%	0.08%	0.05%
PAYX	B	0.32%	0.05%	0.05%
PB	B	0.08%	0.07%	0.07%
PCG	A	0.49%	0.21%	0.21%
PEG	A	0.49%	0.21%	0.21%
PENN	C	0.03%	0.06%	0.03%
PFG	D	0.22%	0.06%	0.06%
PFGC	B	0.12%	0.18%	0.12%
PHM	D	0.29%	0.05%	0.05%
PII	F	0.04%	0.04%	0.04%
PINC	B	0.03%	0.09%	0.03%
PK	C	0.03%	0.15%	0.03%
PKG	A	0.23%	0.05%	0.05%
PLNT	A	0.04%	0.06%	0.04%
PLTK	B	0.01%	0.06%	0.01%
PNFP	B	0.1%	0.08%	0.08%
PNR	A	0.19%	0.05%	0.05%
PNW	A	0.11%	0.2%	0.11%
POST	C	0.06%	0.15%	0.06%
PPC	C	0.02%	0.19%	0.02%
PPG	F	0.32%	0.05%	0.05%
PPL	A	0.27%	0.2%	0.2%
PR	B	0.08%	0.23%	0.08%
PRGO	C	0.04%	0.08%	0.04%
PRI	B	0.11%	0.07%	0.07%
PRU	A	0.5%	0.07%	0.07%
PSN	D	0.05%	0.06%	0.05%
PSTG	D	0.02%	0.06%	0.02%
PTC	B	0.1%	0.07%	0.07%
PVH	C	0.06%	0.06%	0.06%
PWR	A	0.36%	0.06%	0.06%
PYCR	B	0.01%	0.07%	0.01%
QRVO	F	0.07%	0.04%	0.04%
QS	F	0.02%	0.04%	0.02%
R	B	0.08%	0.06%	0.06%
RBC	A	0.1%	0.26%	0.1%
RCL	A	0.39%	0.08%	0.08%
RCM	A	0.02%	0.08%	0.02%
REG	A	0.15%	0.14%	0.14%
REXR	F	0.1%	0.12%	0.1%
REYN	D	0.02%	0.14%	0.02%
RF	A	0.27%	0.07%	0.07%
RGA	A	0.17%	0.06%	0.06%
RGEN	D	0.07%	0.08%	0.07%
RGLD	C	0.1%	0.23%	0.1%
RH	C	0.04%	0.06%	0.04%
RHI	C	0.08%	0.06%	0.06%
RIVN	F	0.09%	0.04%	0.04%
RJF	A	0.33%	0.08%	0.08%
RKT	F	0.02%	0.04%	0.02%
RL	C	0.09%	0.06%	0.06%
RLI	A	0.08%	0.07%	0.07%
RMD	C	0.27%	0.07%	0.07%
RNR	C	0.15%	0.06%	0.06%
ROIV	C	0.05%	0.08%	0.05%
ROK	C	0.33%	0.05%	0.05%
ROKU	D	0.08%	0.5%	0.08%
ROST	D	0.39%	0.05%	0.05%
RPM	A	0.15%	0.05%	0.05%
RPRX	D	0.11%	0.07%	0.07%
RRC	B	0.09%	0.23%	0.09%
RRX	B	0.12%	0.05%	0.05%
RS	B	0.2%	0.27%	0.2%
RVTY	F	0.15%	0.08%	0.08%
RYN	D	0.05%	0.13%	0.05%
S	B	0.07%	0.08%	0.07%
SAIA	B	0.06%	0.06%	0.06%
SAIC	F	0.07%	0.06%	0.06%
SAM	C	0.02%	0.19%	0.02%
SBAC	D	0.26%	0.12%	0.12%
SCI	B	0.13%	0.06%	0.06%
SEB	F	0.01%	0.14%	0.01%
SEE	C	0.03%	0.05%	0.03%
SEG	B	0.0%	0.15%	0.0%
SEIC	B	0.09%	0.07%	0.07%
SF	B	0.13%	0.08%	0.08%
SHC	F	0.02%	0.07%	0.02%
SIRI	C	0.07%	0.05%	0.05%
SITE	F	0.04%	0.05%	0.04%
SJM	D	0.12%	0.15%	0.12%
SKX	D	0.08%	0.05%	0.05%
SLGN	A	0.05%	0.05%	0.05%
SLM	A	0.06%	0.07%	0.06%
SMG	C	0.04%	0.26%	0.04%
SN	D	0.06%	0.05%	0.05%
SNA	A	0.2%	0.06%	0.06%
SNDR	B	0.02%	0.05%	0.02%
SNV	C	0.09%	0.08%	0.08%
SNX	D	0.1%	0.06%	0.06%
SOFI	B	0.13%	0.11%	0.11%
SOLV	D	0.1%	0.08%	0.08%
SON	F	0.05%	0.04%	0.04%
SPB	C	0.03%	0.16%	0.03%
SPG	A	0.48%	0.15%	0.15%
SPR	D	0.03%	0.04%	0.03%
SQ	A	0.3%	0.06%	0.06%
SSD	F	0.08%	0.05%	0.05%
SSNC	B	0.17%	0.06%	0.06%
ST	F	0.05%	0.04%	0.04%
STAG	D	0.07%	0.13%	0.07%
STE	D	0.24%	0.07%	0.07%
STLD	B	0.23%	0.29%	0.23%
STT	B	0.32%	0.07%	0.07%
STWD	C	0.07%	0.06%	0.06%
SUI	C	0.17%	0.12%	0.12%
SW	A	0.29%	0.05%	0.05%
SWK	D	0.14%	0.04%	0.04%
SWKS	F	0.15%	0.05%	0.05%
SYF	B	0.28%	0.06%	0.06%
SYY	D	0.16%	0.15%	0.15%
TAP	C	0.12%	0.19%	0.12%
TDY	B	0.24%	0.05%	0.05%
TECH	F	0.12%	0.08%	0.08%
TER	F	0.02%	0.05%	0.02%
TFSL	A	0.01%	0.07%	0.01%
TFX	F	0.1%	0.06%	0.06%
THC	D	0.16%	0.08%	0.08%
THG	A	0.06%	0.07%	0.06%
THO	B	0.06%	0.06%	0.06%
TKO	A	0.09%	0.05%	0.05%
TKR	D	0.05%	0.22%	0.05%
TNL	A	0.04%	0.06%	0.04%
TOL	B	0.17%	0.05%	0.05%
TPG	A	0.05%	0.08%	0.05%
TPR	B	0.14%	0.07%	0.07%
TRIP	F	0.02%	0.06%	0.02%
TRMB	B	0.19%	0.05%	0.05%
TROW	B	0.29%	0.07%	0.07%
TRU	D	0.19%	0.05%	0.05%
TSN	B	0.2%	0.16%	0.16%
TTC	C	0.09%	0.04%	0.04%
TTEK	F	0.1%	0.04%	0.04%
TTWO	A	0.34%	0.06%	0.06%
TW	A	0.1%	0.07%	0.07%
TWLO	A	0.15%	0.11%	0.11%
TXG	F	0.01%	0.05%	0.01%
TXT	D	0.17%	0.04%	0.04%
TYL	B	0.04%	0.06%	0.04%
U	C	0.03%	0.06%	0.03%
UAA	C	0.02%	0.07%	0.02%
UAL	A	0.33%	0.09%	0.09%
UDR	B	0.16%	0.13%	0.13%
UGI	C	0.06%	0.19%	0.06%
UHAL	D	0.04%	0.05%	0.04%
UHAL	D	0.0%	0.05%	0.0%
UHS	D	0.13%	0.07%	0.07%
UI	B	0.01%	0.85%	0.01%
ULTA	F	0.03%	0.05%	0.03%
UNM	A	0.15%	0.08%	0.08%
URI	C	0.46%	0.05%	0.05%
USFD	A	0.16%	0.18%	0.16%
UTHR	C	0.17%	0.09%	0.09%
UWMC	D	0.0%	0.04%	0.0%
VAC	C	0.03%	0.07%	0.03%
VFC	C	0.08%	0.06%	0.06%
VICI	C	0.36%	0.13%	0.13%
VIRT	A	0.03%	0.07%	0.03%
VLTO	C	0.15%	0.04%	0.04%
VMC	B	0.3%	0.05%	0.05%
VMI	B	0.07%	0.05%	0.05%
VNO	C	0.08%	0.16%	0.08%
VNT	C	0.07%	0.05%	0.05%
VOYA	B	0.09%	0.07%	0.07%
VRSN	C	0.16%	0.07%	0.07%
VSTS	C	0.02%	0.04%	0.02%
VTR	B	0.28%	0.13%	0.13%
VTRS	A	0.17%	0.09%	0.09%
W	D	0.04%	0.04%	0.04%
WAB	B	0.38%	0.05%	0.05%
WAL	B	0.11%	0.07%	0.07%
WAT	C	0.09%	0.09%	0.09%
WBA	F	0.07%	0.16%	0.07%
WBD	B	0.25%	0.07%	0.07%
WBS	A	0.11%	0.09%	0.09%
WCC	B	0.1%	0.06%	0.06%
WDC	D	0.23%	0.06%	0.06%
WEC	A	0.34%	0.2%	0.2%
WEN	D	0.02%	0.05%	0.02%
WEX	D	0.07%	0.05%	0.05%
WH	B	0.07%	0.06%	0.06%
WHR	B	0.07%	0.06%	0.06%
WLK	D	0.05%	0.22%	0.05%
WMB	A	0.76%	0.24%	0.24%
WMS	F	0.06%	0.04%	0.04%
WOLF	F	0.01%	0.06%	0.01%
WPC	C	0.13%	0.12%	0.12%
WRB	A	0.2%	0.07%	0.07%
WSC	F	0.05%	0.04%	0.04%
WSM	C	0.07%	0.05%	0.05%
WSO	A	0.2%	0.05%	0.05%
WST	C	0.1%	0.09%	0.09%
WTFC	A	0.09%	0.08%	0.08%
WTM	A	0.05%	0.07%	0.05%
WTRG	B	0.11%	0.2%	0.11%
WTW	B	0.35%	0.07%	0.07%
WU	F	0.03%	0.04%	0.03%
WWD	C	0.11%	0.05%	0.05%
WY	F	0.25%	0.13%	0.13%
WYNN	C	0.09%	0.06%	0.06%
X	B	0.09%	0.25%	0.09%
XEL	A	0.43%	0.21%	0.21%
XRAY	F	0.04%	0.06%	0.04%
XYL	D	0.32%	0.04%	0.04%
YETI	D	0.03%	0.05%	0.03%
YUM	D	0.26%	0.05%	0.05%
Z	A	0.13%	0.18%	0.13%
ZBH	C	0.25%	0.08%	0.08%
ZBRA	B	0.17%	0.06%	0.06%
ZI	D	0.03%	0.06%	0.03%
ZION	B	0.1%	0.08%	0.08%
ZM	C	0.24%	0.08%	0.08%

IWS Overweight 33 Positions Relative to EQAL

Symbol	Grade	Weight
FERG	B	0.42%
EXE	A	0.24%
COO	D	0.21%
FWONK	A	0.12%
NLY	C	0.11%
CART	C	0.08%
HR	B	0.07%
AZPN	A	0.07%
CCCS	B	0.06%
RITM	C	0.06%
FOX	A	0.06%
ZG	A	0.04%
NWS	A	0.04%
VNOM	A	0.04%
LINE	F	0.04%
ECG	C	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
AMTM	D	0.03%
UA	C	0.02%
ALAB	B	0.02%
LBTYK	A	0.02%
QDEL	F	0.02%
LBTYA	F	0.02%
ADT	C	0.02%
LBRDA	C	0.01%
FWONA	A	0.01%
AS	A	0.01%
LLYVA	A	0.01%
LOAR	B	0.0%
PARAA	B	0.0%
GRAL	B	0.0%
LAZ	B	0.0%

IWS Underweight 297 Positions Relative to EQAL

Symbol	Grade	Weight
TMUS	B	-0.59%
CSCO	B	-0.58%
CMCSA	B	-0.56%
MSI	B	-0.56%
ANET	C	-0.54%
T	A	-0.51%
VZ	C	-0.46%
VST	A	-0.34%
TPL	A	-0.34%
APD	A	-0.27%
TRGP	A	-0.26%
SCCO	F	-0.24%
FCX	F	-0.24%
EOG	A	-0.23%
CVX	A	-0.23%
LIN	C	-0.23%
ECL	D	-0.23%
CEG	C	-0.23%
SLB	C	-0.22%
COP	C	-0.22%
SRE	A	-0.22%
VLO	C	-0.21%
WM	B	-0.21%
XOM	B	-0.21%
OXY	D	-0.2%
RSG	A	-0.2%
PSX	C	-0.2%
MCK	A	-0.19%
DUK	C	-0.19%
MPC	D	-0.19%
SO	C	-0.19%
D	C	-0.19%
NEE	C	-0.18%
MNST	C	-0.18%
AEP	C	-0.18%
NEM	D	-0.18%
WFRD	D	-0.18%
MO	A	-0.17%
CLX	A	-0.16%
COR	B	-0.16%
PM	B	-0.16%
APP	B	-0.16%
KMB	C	-0.15%
KHC	F	-0.15%
PEP	F	-0.15%
PG	C	-0.15%
CVS	D	-0.15%
STZ	D	-0.15%
CL	D	-0.14%
KO	D	-0.14%
MDLZ	F	-0.14%
EQIX	A	-0.14%
KDP	F	-0.14%
WELL	A	-0.14%
PSA	C	-0.13%
CELH	F	-0.13%
ENPH	F	-0.12%
PLD	F	-0.12%
AMT	C	-0.11%
NTRA	A	-0.1%
BMY	B	-0.1%
PLTR	B	-0.1%
VRT	B	-0.09%
FIVN	C	-0.09%
BSX	A	-0.09%
DXCM	C	-0.09%
ISRG	A	-0.09%
HUBS	A	-0.09%
WFC	A	-0.09%
MS	A	-0.09%
GILD	C	-0.09%
DOCU	B	-0.09%
CFLT	B	-0.09%
PODD	C	-0.09%
APO	B	-0.09%
TOST	B	-0.09%
TEAM	A	-0.09%
PEN	B	-0.09%
LPLA	A	-0.09%
ITCI	C	-0.09%
GS	A	-0.08%
NCLH	B	-0.08%
NVDA	B	-0.08%
MDT	D	-0.08%
QGEN	D	-0.08%
BX	A	-0.08%
ZS	B	-0.08%
BDX	F	-0.08%
PCOR	B	-0.08%
MEDP	D	-0.08%
EW	C	-0.08%
RNG	C	-0.08%
FTNT	C	-0.08%
VRTX	D	-0.08%
DVA	C	-0.08%
GDDY	A	-0.08%
INTC	C	-0.08%
CRM	B	-0.08%
SCHW	B	-0.08%
KKR	A	-0.08%
UNH	B	-0.08%
NBIX	C	-0.08%
PEGA	B	-0.08%
OWL	A	-0.08%
ABT	B	-0.08%
DASH	B	-0.08%
CRWD	B	-0.08%
VEEV	C	-0.08%
SYK	B	-0.08%
RARE	F	-0.07%
CME	B	-0.07%
WDAY	B	-0.07%
AIG	B	-0.07%
INTU	B	-0.07%
AON	A	-0.07%
SRPT	F	-0.07%
BRK.A	B	-0.07%
BKNG	A	-0.07%
LLY	F	-0.07%
META	D	-0.07%
INSP	D	-0.07%
SMAR	B	-0.07%
VKTX	F	-0.07%
LYV	A	-0.07%
MRK	D	-0.07%
MET	A	-0.07%
CRBG	B	-0.07%
TFC	A	-0.07%
GEV	B	-0.07%
CDNS	B	-0.07%
RYAN	A	-0.07%
SNPS	B	-0.07%
TSLA	B	-0.07%
GTLB	B	-0.07%
IT	C	-0.07%
GOOGL	C	-0.07%
ABBV	F	-0.07%
MU	D	-0.07%
MORN	B	-0.07%
APH	A	-0.07%
SNOW	B	-0.07%
HCA	F	-0.07%
IDXX	F	-0.07%
EXPE	B	-0.07%
ORCL	A	-0.07%
AXON	A	-0.07%
PFE	F	-0.07%
TRV	B	-0.07%
JPM	A	-0.07%
DUOL	A	-0.07%
NOW	A	-0.07%
PNC	B	-0.07%
MRVL	B	-0.07%
AMGN	F	-0.07%
TMO	F	-0.07%
CI	D	-0.07%
ZTS	D	-0.07%
DHR	F	-0.07%
BAC	A	-0.07%
BLK	B	-0.07%
C	A	-0.07%
NET	B	-0.07%
JNJ	C	-0.07%
ADSK	A	-0.07%
DELL	B	-0.07%
DDOG	A	-0.07%
SPOT	B	-0.07%
ARES	A	-0.07%
ESTC	C	-0.07%
PANW	B	-0.07%
EQH	C	-0.07%
USB	A	-0.07%
TPX	B	-0.06%
ADBE	C	-0.06%
PYPL	B	-0.06%
HD	B	-0.06%
AMD	F	-0.06%
RBA	A	-0.06%
ENTG	D	-0.06%
EMR	B	-0.06%
LOW	C	-0.06%
ELV	F	-0.06%
FIX	A	-0.06%
ABNB	C	-0.06%
CPNG	D	-0.06%
ADI	D	-0.06%
DECK	A	-0.06%
RBLX	C	-0.06%
CPRT	B	-0.06%
NFLX	A	-0.06%
ICE	C	-0.06%
FOUR	A	-0.06%
BSY	F	-0.06%
SPGI	C	-0.06%
IBM	C	-0.06%
MDB	B	-0.06%
MMC	B	-0.06%
APLS	F	-0.06%
XPO	B	-0.06%
QCOM	F	-0.06%
LRCX	F	-0.06%
MSFT	D	-0.06%
PINS	F	-0.06%
AMAT	F	-0.06%
MCO	B	-0.06%
TXN	C	-0.06%
DIS	B	-0.06%
MAR	A	-0.06%
TXRH	B	-0.06%
LVS	B	-0.06%
TTD	B	-0.06%
COF	C	-0.06%
CB	C	-0.06%
AVGO	D	-0.06%
AAPL	C	-0.06%
APPF	B	-0.06%
PGR	A	-0.06%
GM	C	-0.06%
KNSL	B	-0.06%
AAON	B	-0.06%
NU	C	-0.06%
LULU	C	-0.06%
ROP	B	-0.06%
PCTY	C	-0.06%
MANH	D	-0.06%
TDC	D	-0.06%
DT	D	-0.06%
MMM	D	-0.05%
MRNA	F	-0.05%
LNW	F	-0.05%
VRSK	A	-0.05%
CSX	C	-0.05%
GE	D	-0.05%
UPS	C	-0.05%
SHW	B	-0.05%
ITW	B	-0.05%
V	A	-0.05%
CTAS	B	-0.05%
TSCO	D	-0.05%
RTX	D	-0.05%
LII	A	-0.05%
NKE	F	-0.05%
ROL	B	-0.05%
CHDN	B	-0.05%
FDX	B	-0.05%
BURL	B	-0.05%
TREX	C	-0.05%
MA	B	-0.05%
NSC	B	-0.05%
ACN	B	-0.05%
CAT	B	-0.05%
SBUX	A	-0.05%
AZO	C	-0.05%
ADTN	A	-0.05%
COST	A	-0.05%
TGT	F	-0.05%
POOL	C	-0.05%
MCD	D	-0.05%
TT	A	-0.05%
HEI	A	-0.05%
ADP	A	-0.05%
TJX	A	-0.05%
F	C	-0.05%
HON	C	-0.05%
MUSA	B	-0.05%
UBER	F	-0.05%
REGN	F	-0.05%
JCI	B	-0.05%
PH	A	-0.05%
AXP	A	-0.05%
KLAC	F	-0.05%
ETN	A	-0.05%
WMT	A	-0.05%
CMG	B	-0.05%
DKNG	B	-0.05%
XP	F	-0.05%
VVV	D	-0.05%
FI	A	-0.05%
ORLY	B	-0.05%
ELF	C	-0.05%
PCAR	B	-0.05%
CPAY	A	-0.05%
ODFL	C	-0.05%
AMZN	C	-0.05%
BA	F	-0.04%
EL	F	-0.04%
WING	D	-0.04%
MPWR	F	-0.04%
TDG	D	-0.04%
GD	D	-0.04%
BAH	F	-0.04%
LMT	D	-0.04%
NOC	D	-0.04%
DE	B	-0.04%
UNP	C	-0.04%
CARR	C	-0.04%
SMCI	F	-0.02%