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

$135.10

Average Daily Volume

271,151

Number of Holdings ^*

706

* 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

$50.02

Average Daily Volume

21,513

Number of Holdings ^*

967

* may have additional holdings in another (foreign) market

Performance

Period	IWS	EQAL
30 Days	1.53%	1.96%
60 Days	4.98%	5.85%
90 Days	7.44%	8.34%
12 Months	28.97%	25.61%

674 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in EQAL	Overlap
A	F	0.43%	0.08%	0.08%
AA	C	0.12%	0.34%	0.12%
AAL	B	0.09%	0.07%	0.07%
AAP	C	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%	0.13%	0.08%
ADM	F	0.27%	0.14%	0.14%
AEE	B	0.26%	0.21%	0.21%
AES	F	0.1%	0.15%	0.1%
AFG	A	0.11%	0.06%	0.06%
AFL	C	0.66%	0.06%	0.06%
AFRM	B	0.12%	0.05%	0.05%
AGCO	F	0.06%	0.05%	0.05%
AGNC	C	0.08%	0.06%	0.06%
AGO	B	0.05%	0.07%	0.05%
AGR	C	0.03%	0.2%	0.03%
AIZ	A	0.12%	0.07%	0.07%
AJG	A	0.64%	0.06%	0.06%
AKAM	F	0.15%	0.07%	0.07%
AL	B	0.05%	0.05%	0.05%
ALB	C	0.13%	0.26%	0.13%
ALGM	F	0.03%	0.06%	0.03%
ALGN	D	0.07%	0.08%	0.07%
ALK	A	0.07%	0.07%	0.07%
ALL	B	0.47%	0.06%	0.06%
ALLE	D	0.14%	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	B	0.04%	0.2%	0.04%
AMCR	D	0.16%	0.04%	0.04%
AME	A	0.48%	0.05%	0.05%
AMED	F	0.03%	0.08%	0.03%
AMG	B	0.06%	0.07%	0.06%
AMH	C	0.13%	0.12%	0.12%
AMKR	F	0.03%	0.06%	0.03%
AMP	A	0.05%	0.08%	0.05%
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	F	0.09%	0.21%	0.09%
APG	C	0.09%	0.05%	0.05%
APTV	F	0.17%	0.04%	0.04%
AR	B	0.09%	0.21%	0.09%
ARE	F	0.21%	0.13%	0.13%
ARMK	B	0.11%	0.06%	0.06%
ARW	F	0.07%	0.06%	0.06%
ASH	F	0.04%	0.24%	0.04%
ATI	F	0.08%	0.05%	0.05%
ATO	B	0.23%	0.2%	0.2%
ATR	A	0.13%	0.05%	0.05%
AVB	B	0.36%	0.13%	0.13%
AVT	C	0.06%	0.07%	0.06%
AVTR	F	0.17%	0.07%	0.07%
AVY	F	0.11%	0.22%	0.11%
AWI	B	0.05%	0.06%	0.05%
AWK	D	0.29%	0.18%	0.18%
AXS	A	0.07%	0.07%	0.07%
AXTA	A	0.1%	0.05%	0.05%
AYI	A	0.11%	0.06%	0.06%
AZEK	B	0.02%	0.05%	0.02%
AZTA	F	0.03%	0.08%	0.03%
BALL	D	0.2%	0.04%	0.04%
BAX	F	0.19%	0.07%	0.07%
BBWI	C	0.07%	0.06%	0.06%
BBY	C	0.21%	0.05%	0.05%
BC	D	0.06%	0.05%	0.05%
BEN	C	0.07%	0.07%	0.07%
BERY	D	0.08%	0.05%	0.05%
BFAM	F	0.06%	0.04%	0.04%
BG	D	0.13%	0.14%	0.13%
BHF	B	0.03%	0.08%	0.03%
BIIB	F	0.27%	0.07%	0.07%
BILL	B	0.06%	0.06%	0.06%
BIO	C	0.08%	0.09%	0.08%
BIRK	F	0.02%	0.05%	0.02%
BJ	B	0.13%	0.06%	0.06%
BK	B	0.62%	0.07%	0.07%
BKR	B	0.47%	0.25%	0.25%
BLD	F	0.12%	0.05%	0.05%
BLDR	C	0.21%	0.05%	0.05%
BMRN	F	0.14%	0.06%	0.06%
BOKF	B	0.03%	0.07%	0.03%
BPOP	C	0.07%	0.06%	0.06%
BR	A	0.03%	0.06%	0.03%
BRBR	A	0.1%	0.18%	0.1%
BRKR	F	0.03%	0.07%	0.03%
BRO	B	0.16%	0.07%	0.07%
BROS	B	0.03%	0.05%	0.03%
BRX	A	0.09%	0.14%	0.09%
BWA	B	0.08%	0.06%	0.06%
BWXT	B	0.1%	0.05%	0.05%
BXP	D	0.14%	0.14%	0.14%
BYD	A	0.06%	0.06%	0.06%
CACC	D	0.01%	0.07%	0.01%
CACI	C	0.14%	0.08%	0.08%
CAG	F	0.15%	0.14%	0.14%
CAH	B	0.13%	0.08%	0.08%
CAR	C	0.01%	0.07%	0.01%
CASY	B	0.14%	0.17%	0.14%
CBOE	D	0.22%	0.06%	0.06%
CBRE	B	0.45%	0.15%	0.15%
CBSH	A	0.09%	0.07%	0.07%
CC	C	0.03%	0.28%	0.03%
CCI	F	0.5%	0.12%	0.12%
CCK	D	0.12%	0.05%	0.05%
CCL	B	0.26%	0.07%	0.07%
CDW	F	0.14%	0.06%	0.06%
CE	F	0.07%	0.18%	0.07%
CERT	F	0.01%	0.08%	0.01%
CF	B	0.17%	0.25%	0.17%
CFG	B	0.22%	0.07%	0.07%
CFR	B	0.09%	0.09%	0.09%
CG	B	0.12%	0.09%	0.09%
CGNX	C	0.08%	0.05%	0.05%
CHD	A	0.28%	0.16%	0.16%
CHE	D	0.08%	0.08%	0.08%
CHH	B	0.01%	0.06%	0.01%
CHRD	D	0.09%	0.2%	0.09%
CHRW	A	0.14%	0.05%	0.05%
CHTR	B	0.4%	0.6%	0.4%
CIEN	B	0.11%	0.62%	0.11%
CINF	A	0.25%	0.07%	0.07%
CIVI	D	0.04%	0.2%	0.04%
CLF	F	0.05%	0.29%	0.05%
CLH	B	0.14%	0.22%	0.14%
CLVT	F	0.02%	0.05%	0.02%
CMA	A	0.1%	0.08%	0.08%
CMI	A	0.53%	0.05%	0.05%
CMS	D	0.22%	0.19%	0.19%
CNA	C	0.01%	0.06%	0.01%
CNC	F	0.34%	0.07%	0.07%
CNH	D	0.1%	0.05%	0.05%
CNM	D	0.03%	0.05%	0.03%
CNP	B	0.21%	0.21%	0.21%
CNXC	F	0.02%	0.04%	0.02%
COHR	C	0.16%	0.08%	0.08%
COIN	B	0.09%	0.1%	0.09%
COKE	C	0.08%	0.15%	0.08%
COLB	A	0.07%	0.08%	0.07%
COLD	F	0.07%	0.12%	0.07%
COLM	B	0.03%	0.05%	0.03%
COTY	D	0.03%	0.04%	0.03%
CPB	F	0.09%	0.15%	0.09%
CPRI	F	0.03%	0.03%	0.03%
CPT	C	0.14%	0.13%	0.13%
CR	B	0.09%	0.05%	0.05%
CRI	D	0.02%	0.04%	0.02%
CRL	C	0.12%	0.09%	0.09%
CROX	F	0.05%	0.04%	0.04%
CRUS	F	0.06%	0.05%	0.05%
CSGP	F	0.34%	0.13%	0.13%
CSL	B	0.19%	0.05%	0.05%
CTLT	D	0.12%	0.08%	0.08%
CTRA	B	0.2%	0.21%	0.2%
CTSH	A	0.43%	0.07%	0.07%
CTVA	C	0.44%	0.18%	0.18%
CUBE	D	0.12%	0.12%	0.12%
CUZ	B	0.05%	0.15%	0.05%
CVNA	B	0.19%	0.09%	0.09%
CW	C	0.16%	0.06%	0.06%
CWEN	D	0.01%	0.19%	0.01%
CWEN	D	0.03%	0.19%	0.03%
CXT	F	0.03%	0.04%	0.03%
CZR	F	0.1%	0.06%	0.06%
DAL	A	0.43%	0.07%	0.07%
DAR	B	0.07%	0.18%	0.07%
DAY	B	0.12%	0.08%	0.08%
DBX	B	0.05%	0.07%	0.05%
DCI	A	0.1%	0.05%	0.05%
DD	D	0.38%	0.04%	0.04%
DDS	B	0.01%	0.06%	0.01%
DFS	B	0.47%	0.08%	0.08%
DG	F	0.18%	0.05%	0.05%
DGX	B	0.19%	0.08%	0.08%
DHI	D	0.54%	0.04%	0.04%
DINO	D	0.07%	0.19%	0.07%
DJT	C	0.01%	0.14%	0.01%
DKS	D	0.11%	0.05%	0.05%
DLB	D	0.05%	0.07%	0.05%
DLR	C	0.64%	0.15%	0.15%
DLTR	F	0.13%	0.05%	0.05%
DNB	B	0.04%	0.07%	0.04%
DOC	C	0.17%	0.14%	0.14%
DOCS	B	0.07%	0.09%	0.07%
DOV	A	0.3%	0.05%	0.05%
DOW	F	0.35%	0.04%	0.04%
DOX	C	0.11%	0.07%	0.07%
DPZ	C	0.11%	0.06%	0.06%
DRI	B	0.1%	0.05%	0.05%
DTE	D	0.26%	0.19%	0.19%
DTM	A	0.1%	0.25%	0.1%
DV	C	0.01%	0.07%	0.01%
DVN	F	0.27%	0.2%	0.2%
DXC	B	0.04%	0.06%	0.04%
EA	A	0.46%	0.06%	0.06%
EBAY	C	0.34%	0.05%	0.05%
ED	D	0.37%	0.19%	0.19%
EEFT	C	0.05%	0.05%	0.05%
EFX	F	0.29%	0.04%	0.04%
EG	D	0.14%	0.06%	0.06%
EGP	D	0.09%	0.13%	0.09%
EHC	B	0.11%	0.09%	0.09%
EIX	C	0.34%	0.19%	0.19%
ELAN	C	0.07%	0.07%	0.07%
ELS	B	0.14%	0.12%	0.12%
EME	B	0.16%	0.06%	0.06%
EMN	D	0.13%	0.24%	0.13%
ENOV	C	0.03%	0.09%	0.03%
EPAM	B	0.13%	0.06%	0.06%
EPR	D	0.04%	0.13%	0.04%
EQR	C	0.3%	0.13%	0.13%
EQT	B	0.25%	0.24%	0.24%
ES	D	0.23%	0.18%	0.18%
ESAB	B	0.08%	0.06%	0.06%
ESI	B	0.07%	0.27%	0.07%
ESS	C	0.21%	0.13%	0.13%
ETR	B	0.34%	0.23%	0.23%
ETSY	D	0.02%	0.05%	0.02%
EVR	B	0.12%	0.08%	0.08%
EVRG	A	0.15%	0.2%	0.15%
EWBC	B	0.15%	0.09%	0.09%
EXAS	F	0.06%	0.06%	0.06%
EXC	C	0.41%	0.19%	0.19%
EXEL	B	0.02%	0.11%	0.02%
EXP	B	0.03%	0.05%	0.03%
EXPD	C	0.15%	0.05%	0.05%
EXR	D	0.38%	0.12%	0.12%
FAF	C	0.07%	0.06%	0.06%
FANG	C	0.37%	0.21%	0.21%
FAST	B	0.08%	0.28%	0.08%
FBIN	F	0.11%	0.05%	0.05%
FCN	F	0.08%	0.04%	0.04%
FCNCA	B	0.28%	0.08%	0.08%
FDS	A	0.13%	0.07%	0.07%
FE	D	0.26%	0.19%	0.19%
FFIV	B	0.15%	0.07%	0.07%
FHB	B	0.04%	0.08%	0.04%
FHN	A	0.12%	0.08%	0.08%
FICO	B	0.09%	0.05%	0.05%
FIS	B	0.54%	0.05%	0.05%
FITB	A	0.34%	0.07%	0.07%
FIVE	F	0.01%	0.05%	0.01%
FLO	F	0.04%	0.15%	0.04%
FLS	B	0.09%	0.06%	0.06%
FMC	F	0.08%	0.23%	0.08%
FNB	B	0.06%	0.08%	0.06%
FND	F	0.07%	0.05%	0.05%
FNF	C	0.17%	0.06%	0.06%
FOXA	A	0.11%	0.06%	0.06%
FR	D	0.08%	0.13%	0.08%
FRPT	B	0.05%	0.17%	0.05%
FRT	B	0.1%	0.13%	0.1%
FSLR	F	0.22%	0.16%	0.16%
FTI	B	0.13%	0.23%	0.13%
FTRE	D	0.02%	0.07%	0.02%
FTV	C	0.29%	0.04%	0.04%
FYBR	D	0.09%	0.49%	0.09%
G	B	0.09%	0.05%	0.05%
GAP	B	0.05%	0.05%	0.05%
GEHC	D	0.37%	0.08%	0.08%
GEN	B	0.17%	0.07%	0.07%
GFS	C	0.05%	0.07%	0.05%
GGG	B	0.16%	0.05%	0.05%
GIS	F	0.4%	0.14%	0.14%
GL	B	0.11%	0.07%	0.07%
GLOB	B	0.03%	0.07%	0.03%
GLPI	D	0.14%	0.13%	0.13%
GLW	B	0.4%	0.07%	0.07%
GME	C	0.1%	0.06%	0.06%
GMED	B	0.1%	0.09%	0.09%
GNRC	B	0.06%	0.06%	0.06%
GNTX	C	0.08%	0.05%	0.05%
GO	C	0.02%	0.16%	0.02%
GPC	D	0.18%	0.05%	0.05%
GPK	D	0.1%	0.05%	0.05%
GPN	B	0.31%	0.05%	0.05%
GRMN	A	0.36%	0.06%	0.06%
GTES	B	0.05%	0.06%	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	0.28%	0.21%	0.21%
HAS	D	0.01%	0.05%	0.01%
HAYW	B	0.02%	0.05%	0.02%
HBAN	A	0.27%	0.08%	0.08%
HCP	A	0.01%	0.06%	0.01%
HES	B	0.15%	0.22%	0.15%
HHH	B	0.03%	0.15%	0.03%
HIG	C	0.37%	0.07%	0.07%
HII	F	0.09%	0.04%	0.04%
HIW	D	0.04%	0.14%	0.04%
HLI	B	0.1%	0.08%	0.08%
HLT	A	0.32%	0.06%	0.06%
HOG	D	0.04%	0.05%	0.04%
HOLX	D	0.19%	0.08%	0.08%
HOOD	B	0.22%	0.09%	0.09%
HPE	B	0.31%	0.08%	0.08%
HPQ	B	0.3%	0.07%	0.07%
HRB	D	0.07%	0.05%	0.05%
HRL	F	0.1%	0.15%	0.1%
HSIC	F	0.09%	0.08%	0.08%
HST	D	0.14%	0.14%	0.14%
HSY	F	0.24%	0.14%	0.14%
HUBB	C	0.27%	0.05%	0.05%
HUM	D	0.38%	0.07%	0.07%
HUN	F	0.04%	0.23%	0.04%
HWM	B	0.47%	0.05%	0.05%
HXL	F	0.05%	0.24%	0.05%
IAC	F	0.04%	0.07%	0.04%
IBKR	A	0.19%	0.08%	0.08%
IDA	A	0.06%	0.21%	0.06%
IEX	B	0.19%	0.06%	0.06%
IFF	F	0.26%	0.2%	0.2%
ILMN	C	0.26%	0.1%	0.1%
INCY	B	0.14%	0.1%	0.1%
INFA	F	0.02%	0.06%	0.02%
INGR	B	0.11%	0.17%	0.11%
INVH	D	0.22%	0.13%	0.13%
IONS	F	0.01%	0.08%	0.01%
IP	B	0.22%	0.29%	0.22%
IPG	F	0.12%	0.05%	0.05%
IPGP	C	0.02%	0.08%	0.02%
IQV	F	0.38%	0.07%	0.07%
IR	A	0.45%	0.05%	0.05%
IRDM	B	0.03%	0.58%	0.03%
IRM	D	0.16%	0.13%	0.13%
ITT	A	0.14%	0.05%	0.05%
IVZ	B	0.07%	0.07%	0.07%
J	D	0.2%	0.05%	0.05%
JAZZ	B	0.08%	0.08%	0.08%
JBHT	C	0.17%	0.05%	0.05%
JBL	C	0.15%	0.08%	0.08%
JEF	B	0.1%	0.08%	0.08%
JHG	A	0.06%	0.08%	0.06%
JKHY	C	0.14%	0.05%	0.05%
JLL	C	0.1%	0.14%	0.1%
JNPR	D	0.14%	0.5%	0.14%
JWN	B	0.02%	0.05%	0.02%
K	A	0.23%	0.16%	0.16%
KBR	D	0.1%	0.07%	0.07%
KD	A	0.07%	0.06%	0.06%
KEX	A	0.08%	0.05%	0.05%
KEY	B	0.19%	0.08%	0.08%
KEYS	C	0.31%	0.05%	0.05%
KIM	A	0.18%	0.14%	0.14%
KMI	B	0.56%	0.25%	0.25%
KMPR	A	0.04%	0.07%	0.04%
KMX	B	0.12%	0.05%	0.05%
KNX	C	0.1%	0.05%	0.05%
KR	A	0.43%	0.17%	0.17%
KRC	C	0.05%	0.16%	0.05%
KSS	D	0.02%	0.05%	0.02%
KVUE	A	0.49%	0.15%	0.15%
L	A	0.16%	0.06%	0.06%
LAD	B	0.11%	0.07%	0.07%
LAMR	D	0.09%	0.14%	0.09%
LBRDK	C	0.09%	0.83%	0.09%
LCID	F	0.02%	0.03%	0.02%
LDOS	C	0.29%	0.08%	0.08%
LEA	F	0.06%	0.05%	0.05%
LECO	C	0.09%	0.06%	0.06%
LEG	F	0.02%	0.05%	0.02%
LEN	D	0.02%	0.05%	0.02%
LEN	D	0.45%	0.05%	0.05%
LFUS	D	0.07%	0.05%	0.05%
LH	B	0.22%	0.08%	0.08%
LHX	B	0.53%	0.05%	0.05%
LITE	B	0.06%	0.66%	0.06%
LKQ	C	0.11%	0.05%	0.05%
LNC	B	0.06%	0.08%	0.06%
LNG	B	0.25%	0.22%	0.22%
LNT	C	0.16%	0.19%	0.16%
LOPE	B	0.04%	0.06%	0.04%
LPX	A	0.02%	0.05%	0.02%
LSCC	D	0.01%	0.08%	0.01%
LSTR	B	0.07%	0.05%	0.05%
LUV	B	0.21%	0.05%	0.05%
LW	B	0.09%	0.2%	0.09%
LYB	F	0.24%	0.22%	0.22%
LYFT	B	0.02%	0.06%	0.02%
M	C	0.05%	0.06%	0.05%
MAA	C	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%	0.12%	0.04%
MAT	C	0.07%	0.05%	0.05%
MCHP	F	0.42%	0.06%	0.06%
MDU	D	0.04%	0.03%	0.03%
MGM	D	0.09%	0.05%	0.05%
MHK	D	0.08%	0.04%	0.04%
MIDD	D	0.08%	0.05%	0.05%
MKC	D	0.21%	0.14%	0.14%
MKL	A	0.18%	0.07%	0.07%
MKSI	C	0.08%	0.04%	0.04%
MKTX	C	0.11%	0.07%	0.07%
MLM	B	0.39%	0.05%	0.05%
MOH	F	0.08%	0.07%	0.07%
MOS	D	0.1%	0.26%	0.1%
MP	C	0.03%	0.34%	0.03%
MPW	F	0.03%	0.11%	0.03%
MRO	B	0.17%	0.22%	0.17%
MSA	D	0.07%	0.05%	0.05%
MSCI	B	0.21%	0.06%	0.06%
MSGS	B	0.04%	0.06%	0.04%
MSM	C	0.04%	0.05%	0.04%
MSTR	B	0.43%	0.12%	0.12%
MTB	A	0.38%	0.08%	0.08%
MTCH	F	0.09%	0.07%	0.07%
MTD	F	0.3%	0.05%	0.05%
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%	0.07%	0.07%
MTZ	B	0.1%	0.05%	0.05%
NCNO	B	0.01%	0.08%	0.01%
NDAQ	B	0.35%	0.07%	0.07%
NDSN	B	0.16%	0.05%	0.05%
NEU	C	0.04%	0.24%	0.04%
NFE	F	0.0%	0.17%	0.0%
NFG	D	0.06%	0.21%	0.06%
NI	A	0.17%	0.21%	0.17%
NNN	F	0.08%	0.12%	0.08%
NOV	C	0.07%	0.21%	0.07%
NRG	C	0.13%	0.23%	0.13%
NSA	D	0.03%	0.12%	0.03%
NTAP	D	0.15%	0.06%	0.06%
NTNX	B	0.13%	0.07%	0.07%
NTRS	A	0.23%	0.08%	0.08%
NUE	D	0.41%	0.28%	0.28%
NVR	D	0.29%	0.05%	0.05%
NVST	C	0.04%	0.1%	0.04%
NVT	C	0.14%	0.05%	0.05%
NWL	B	0.04%	0.07%	0.04%
NWSA	B	0.12%	0.06%	0.06%
NXST	C	0.03%	0.06%	0.03%
NYT	C	0.1%	0.05%	0.05%
O	D	0.54%	0.12%	0.12%
OC	A	0.18%	0.05%	0.05%
OGE	B	0.09%	0.21%	0.09%
OGN	F	0.04%	0.06%	0.04%
OHI	C	0.11%	0.13%	0.11%
OKE	A	0.68%	0.22%	0.22%
OKTA	C	0.07%	0.06%	0.06%
OLED	F	0.05%	0.06%	0.05%
OLLI	C	0.07%	0.05%	0.05%
OLN	F	0.06%	0.25%	0.06%
OMC	A	0.22%	0.06%	0.06%
OMF	A	0.07%	0.08%	0.07%
ON	F	0.33%	0.06%	0.06%
ONTO	F	0.07%	0.06%	0.06%
ORI	A	0.1%	0.07%	0.07%
OSK	B	0.08%	0.06%	0.06%
OTIS	D	0.44%	0.05%	0.05%
OVV	C	0.12%	0.21%	0.12%
OZK	B	0.05%	0.07%	0.05%
PAG	B	0.03%	0.06%	0.03%
PARA	B	0.07%	0.05%	0.05%
PATH	C	0.01%	0.07%	0.01%
PAYC	B	0.05%	0.08%	0.05%
PAYX	B	0.33%	0.05%	0.05%
PB	B	0.08%	0.07%	0.07%
PCG	A	0.48%	0.2%	0.2%
PEG	C	0.46%	0.2%	0.2%
PENN	B	0.03%	0.05%	0.03%
PFG	C	0.21%	0.06%	0.06%
PFGC	B	0.12%	0.19%	0.12%
PHM	D	0.3%	0.05%	0.05%
PII	F	0.04%	0.04%	0.04%
PINC	B	0.03%	0.1%	0.03%
PK	C	0.03%	0.15%	0.03%
PKG	B	0.23%	0.06%	0.06%
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	D	0.06%	0.15%	0.06%
PPC	C	0.02%	0.2%	0.02%
PPG	F	0.32%	0.05%	0.05%
PPL	A	0.27%	0.2%	0.2%
PR	C	0.08%	0.22%	0.08%
PRGO	C	0.04%	0.08%	0.04%
PRI	B	0.11%	0.07%	0.07%
PRU	B	0.47%	0.07%	0.07%
PSN	C	0.06%	0.07%	0.06%
PSTG	D	0.02%	0.07%	0.02%
PTC	B	0.1%	0.07%	0.07%
PVH	C	0.06%	0.06%	0.06%
PWR	B	0.36%	0.05%	0.05%
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	B	0.1%	0.26%	0.1%
RCL	A	0.38%	0.07%	0.07%
RCM	B	0.02%	0.08%	0.02%
REG	A	0.15%	0.13%	0.13%
REXR	F	0.1%	0.12%	0.1%
REYN	D	0.02%	0.13%	0.02%
RF	A	0.26%	0.07%	0.07%
RGA	A	0.16%	0.06%	0.06%
RGEN	C	0.07%	0.08%	0.07%
RGLD	C	0.11%	0.24%	0.11%
RH	C	0.04%	0.06%	0.04%
RHI	B	0.08%	0.06%	0.06%
RIVN	F	0.1%	0.04%	0.04%
RJF	A	0.33%	0.08%	0.08%
RKT	F	0.02%	0.05%	0.02%
RL	B	0.1%	0.06%	0.06%
RLI	A	0.07%	0.07%	0.07%
RMD	C	0.29%	0.08%	0.08%
RNR	D	0.15%	0.06%	0.06%
ROIV	D	0.05%	0.08%	0.05%
ROK	B	0.31%	0.05%	0.05%
ROKU	C	0.09%	0.48%	0.09%
ROST	D	0.39%	0.05%	0.05%
RPM	A	0.14%	0.05%	0.05%
RPRX	F	0.11%	0.08%	0.08%
RRC	B	0.09%	0.22%	0.09%
RRX	B	0.13%	0.06%	0.06%
RS	C	0.2%	0.28%	0.2%
RVTY	C	0.16%	0.08%	0.08%
RYN	F	0.05%	0.14%	0.05%
S	B	0.07%	0.08%	0.07%
SAIA	B	0.06%	0.06%	0.06%
SAIC	D	0.08%	0.07%	0.07%
SAM	B	0.02%	0.17%	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	F	0.0%	0.15%	0.0%
SEIC	A	0.09%	0.07%	0.07%
SF	A	0.12%	0.08%	0.08%
SHC	D	0.03%	0.08%	0.03%
SIRI	C	0.07%	0.05%	0.05%
SITE	D	0.05%	0.06%	0.05%
SJM	F	0.13%	0.16%	0.13%
SKX	F	0.08%	0.05%	0.05%
SLGN	B	0.05%	0.05%	0.05%
SLM	A	0.05%	0.07%	0.05%
SMG	D	0.03%	0.26%	0.03%
SN	C	0.06%	0.05%	0.05%
SNA	A	0.2%	0.06%	0.06%
SNDR	B	0.02%	0.05%	0.02%
SNV	B	0.09%	0.08%	0.08%
SNX	C	0.1%	0.07%	0.07%
SOFI	B	0.12%	0.1%	0.1%
SOLV	C	0.11%	0.09%	0.09%
SON	F	0.05%	0.05%	0.05%
SPB	A	0.03%	0.16%	0.03%
SPG	A	0.47%	0.14%	0.14%
SPR	F	0.03%	0.04%	0.03%
SQ	B	0.26%	0.05%	0.05%
SSD	F	0.08%	0.05%	0.05%
SSNC	C	0.17%	0.06%	0.06%
ST	F	0.05%	0.04%	0.04%
STAG	D	0.07%	0.13%	0.07%
STE	D	0.23%	0.07%	0.07%
STLD	C	0.24%	0.33%	0.24%
STT	B	0.31%	0.07%	0.07%
STWD	C	0.07%	0.06%	0.06%
SUI	F	0.17%	0.12%	0.12%
SW	B	0.29%	0.05%	0.05%
SWK	F	0.15%	0.04%	0.04%
SWKS	F	0.15%	0.05%	0.05%
SYF	B	0.27%	0.06%	0.06%
SYY	D	0.16%	0.16%	0.16%
TAP	B	0.11%	0.17%	0.11%
TDY	B	0.24%	0.05%	0.05%
TECH	D	0.13%	0.08%	0.08%
TER	F	0.02%	0.05%	0.02%
TFSL	A	0.01%	0.07%	0.01%
TFX	F	0.1%	0.07%	0.07%
THC	B	0.17%	0.08%	0.08%
THG	A	0.06%	0.07%	0.06%
THO	B	0.06%	0.06%	0.06%
TKO	D	0.09%	0.05%	0.05%
TKR	F	0.05%	0.24%	0.05%
TNL	A	0.04%	0.06%	0.04%
TOL	B	0.17%	0.05%	0.05%
TPG	B	0.05%	0.08%	0.05%
TPR	A	0.13%	0.06%	0.06%
TRIP	D	0.02%	0.07%	0.02%
TRMB	B	0.19%	0.06%	0.06%
TROW	A	0.28%	0.07%	0.07%
TRU	D	0.21%	0.05%	0.05%
TSN	B	0.18%	0.15%	0.15%
TTC	F	0.1%	0.05%	0.05%
TTEK	F	0.11%	0.05%	0.05%
TTWO	A	0.33%	0.06%	0.06%
TW	B	0.1%	0.07%	0.07%
TWLO	B	0.14%	0.1%	0.1%
TXG	F	0.01%	0.06%	0.01%
TXT	D	0.18%	0.04%	0.04%
TYL	B	0.04%	0.06%	0.04%
U	F	0.04%	0.07%	0.04%
UAA	B	0.02%	0.06%	0.02%
UAL	A	0.31%	0.09%	0.09%
UDR	C	0.16%	0.13%	0.13%
UGI	D	0.05%	0.2%	0.05%
UHAL	D	0.0%	0.06%	0.0%
UHAL	D	0.04%	0.06%	0.04%
UHS	D	0.13%	0.07%	0.07%
UI	B	0.01%	0.62%	0.01%
ULTA	C	0.03%	0.05%	0.03%
UNM	A	0.14%	0.08%	0.08%
URI	B	0.48%	0.06%	0.06%
USFD	B	0.17%	0.17%	0.17%
UTHR	B	0.19%	0.1%	0.1%
UWMC	F	0.0%	0.05%	0.0%
VAC	B	0.04%	0.06%	0.04%
VFC	C	0.08%	0.06%	0.06%
VICI	D	0.35%	0.13%	0.13%
VIRT	B	0.03%	0.07%	0.03%
VLTO	D	0.15%	0.04%	0.04%
VMC	B	0.31%	0.06%	0.06%
VMI	B	0.07%	0.05%	0.05%
VNO	C	0.09%	0.17%	0.09%
VNT	C	0.07%	0.06%	0.06%
VOYA	B	0.09%	0.07%	0.07%
VRSN	C	0.16%	0.07%	0.07%
VSTS	D	0.02%	0.04%	0.02%
VTR	C	0.29%	0.13%	0.13%
VTRS	B	0.17%	0.08%	0.08%
W	F	0.04%	0.05%	0.04%
WAB	B	0.38%	0.05%	0.05%
WAL	B	0.11%	0.07%	0.07%
WAT	B	0.1%	0.09%	0.09%
WBA	D	0.07%	0.16%	0.07%
WBD	B	0.24%	0.06%	0.06%
WBS	A	0.11%	0.09%	0.09%
WCC	B	0.1%	0.06%	0.06%
WDC	D	0.25%	0.07%	0.07%
WEC	B	0.33%	0.2%	0.2%
WEN	C	0.02%	0.06%	0.02%
WEX	D	0.07%	0.05%	0.05%
WH	A	0.07%	0.06%	0.06%
WHR	B	0.06%	0.06%	0.06%
WLK	F	0.05%	0.23%	0.05%
WMB	B	0.74%	0.24%	0.24%
WMS	F	0.06%	0.05%	0.05%
WOLF	F	0.01%	0.1%	0.01%
WPC	F	0.13%	0.12%	0.12%
WRB	B	0.19%	0.07%	0.07%
WSC	F	0.06%	0.04%	0.04%
WSM	F	0.07%	0.05%	0.05%
WSO	B	0.2%	0.05%	0.05%
WST	B	0.1%	0.09%	0.09%
WTFC	B	0.09%	0.08%	0.08%
WTM	A	0.05%	0.07%	0.05%
WTRG	C	0.11%	0.21%	0.11%
WTW	A	0.35%	0.07%	0.07%
WU	F	0.03%	0.04%	0.03%
WWD	B	0.12%	0.05%	0.05%
WY	F	0.25%	0.14%	0.14%
WYNN	C	0.09%	0.06%	0.06%
X	D	0.1%	0.29%	0.1%
XEL	A	0.41%	0.2%	0.2%
XRAY	F	0.04%	0.08%	0.04%
XYL	F	0.33%	0.04%	0.04%
YETI	D	0.03%	0.05%	0.03%
YUM	B	0.26%	0.05%	0.05%
Z	B	0.13%	0.14%	0.13%
ZBH	C	0.24%	0.08%	0.08%
ZBRA	B	0.17%	0.06%	0.06%
ZI	C	0.04%	0.07%	0.04%
ZION	B	0.09%	0.09%	0.09%
ZM	B	0.23%	0.07%	0.07%

IWS Overweight 32 Positions Relative to EQAL

Symbol	Grade	Weight
FERG	B	0.42%
EXE	A	0.23%
COO	D	0.22%
FWONK	A	0.12%
NLY	C	0.11%
CART	C	0.09%
AZPN	A	0.07%
HR	C	0.07%
CCCS	B	0.06%
FOX	A	0.06%
RITM	C	0.06%
AMTM	D	0.05%
LINE	F	0.05%
LBTYK	F	0.04%
ZG	B	0.04%
LBTYA	F	0.04%
NWS	B	0.04%
VNOM	C	0.04%
QDEL	F	0.03%
LLYVK	B	0.03%
ECG	D	0.03%
UA	B	0.02%
ALAB	C	0.02%
ADT	C	0.02%
FWONA	B	0.01%
AS	B	0.01%
LLYVA	B	0.01%
LBRDA	C	0.01%
LOAR	C	0.0%
PARAA	B	0.0%
GRAL	B	0.0%
LAZ	C	0.0%

IWS Underweight 296 Positions Relative to EQAL

Symbol	Grade	Weight
ANET	C	-0.59%
CMCSA	B	-0.58%
CSCO	A	-0.58%
TMUS	A	-0.57%
MSI	B	-0.53%
T	A	-0.51%
VZ	D	-0.47%
TPL	B	-0.33%
VST	B	-0.31%
APD	B	-0.26%
FCX	F	-0.26%
SCCO	F	-0.26%
TRGP	B	-0.25%
LIN	D	-0.24%
CEG	D	-0.24%
ECL	C	-0.23%
SLB	C	-0.22%
COP	C	-0.22%
CVX	A	-0.22%
WM	A	-0.21%
EOG	A	-0.21%
SRE	B	-0.21%
XOM	B	-0.21%
WFRD	F	-0.2%
D	D	-0.2%
NEM	F	-0.2%
OXY	F	-0.2%
RSG	B	-0.2%
PSX	C	-0.2%
VLO	C	-0.2%
MPC	D	-0.19%
DUK	D	-0.19%
SO	D	-0.19%
NEE	D	-0.18%
AEP	D	-0.18%
CVS	F	-0.17%
MCK	B	-0.17%
MNST	B	-0.17%
PM	B	-0.16%
MO	A	-0.16%
COR	B	-0.16%
PEP	D	-0.15%
KHC	F	-0.15%
CLX	A	-0.15%
ENPH	F	-0.14%
KDP	C	-0.14%
MDLZ	F	-0.14%
EQIX	B	-0.14%
KO	F	-0.14%
WELL	B	-0.14%
STZ	D	-0.14%
CELH	F	-0.14%
PG	C	-0.14%
KMB	D	-0.14%
CL	F	-0.13%
PLD	D	-0.12%
PSA	D	-0.12%
AMT	F	-0.11%
ITCI	B	-0.1%
PLTR	B	-0.1%
APP	B	-0.1%
CFLT	B	-0.09%
MS	A	-0.09%
WFC	A	-0.09%
GILD	B	-0.09%
APO	B	-0.09%
BMY	B	-0.09%
LPLA	A	-0.09%
PEN	C	-0.09%
DELL	C	-0.08%
SCHW	B	-0.08%
TMO	F	-0.08%
GS	B	-0.08%
CRWD	B	-0.08%
JNJ	D	-0.08%
PCOR	B	-0.08%
USB	B	-0.08%
EW	F	-0.08%
VEEV	B	-0.08%
SRPT	F	-0.08%
NCLH	B	-0.08%
MU	D	-0.08%
AMGN	F	-0.08%
PEGA	B	-0.08%
RNG	C	-0.08%
EQH	B	-0.08%
INTC	C	-0.08%
QGEN	D	-0.08%
VRTX	B	-0.08%
DXCM	C	-0.08%
MDT	D	-0.08%
DASH	A	-0.08%
UNH	B	-0.08%
NTRA	B	-0.08%
BDX	F	-0.08%
KKR	B	-0.08%
SYK	A	-0.08%
NBIX	C	-0.08%
ABBV	F	-0.08%
MEDP	D	-0.08%
PODD	B	-0.08%
INSP	F	-0.08%
ISRG	A	-0.08%
ABT	C	-0.08%
TEAM	B	-0.08%
VKTX	F	-0.08%
OWL	B	-0.08%
DOCU	B	-0.08%
VRT	B	-0.08%
BSX	A	-0.08%
LVS	C	-0.07%
SNOW	C	-0.07%
COF	B	-0.07%
LYV	A	-0.07%
EXPE	B	-0.07%
LLY	F	-0.07%
FTNT	B	-0.07%
AVGO	C	-0.07%
META	B	-0.07%
RYAN	B	-0.07%
BRK.A	B	-0.07%
CDNS	B	-0.07%
PCTY	B	-0.07%
AIG	B	-0.07%
AON	B	-0.07%
SMAR	A	-0.07%
GTLB	B	-0.07%
BKNG	A	-0.07%
DT	C	-0.07%
NOW	A	-0.07%
ORCL	A	-0.07%
MET	C	-0.07%
IT	B	-0.07%
SNPS	C	-0.07%
FIVN	C	-0.07%
RARE	F	-0.07%
MRK	F	-0.07%
TFC	B	-0.07%
APH	B	-0.07%
GOOGL	C	-0.07%
MORN	B	-0.07%
IDXX	F	-0.07%
TRV	B	-0.07%
PINS	F	-0.07%
CI	D	-0.07%
GEV	B	-0.07%
ESTC	C	-0.07%
HCA	D	-0.07%
ZS	B	-0.07%
DUOL	A	-0.07%
ZTS	D	-0.07%
PNC	B	-0.07%
DDOG	B	-0.07%
MRVL	B	-0.07%
BAC	A	-0.07%
ADSK	B	-0.07%
PANW	B	-0.07%
JPM	A	-0.07%
TOST	A	-0.07%
NET	B	-0.07%
CRM	B	-0.07%
DVA	C	-0.07%
HUBS	B	-0.07%
C	B	-0.07%
BX	A	-0.07%
GDDY	B	-0.07%
PFE	F	-0.07%
CRBG	C	-0.07%
NVDA	A	-0.07%
ARES	B	-0.07%
DHR	F	-0.07%
MPWR	F	-0.06%
CPNG	B	-0.06%
RBA	B	-0.06%
NFLX	A	-0.06%
UBER	F	-0.06%
LOW	B	-0.06%
REGN	F	-0.06%
KLAC	F	-0.06%
DIS	B	-0.06%
ODFL	B	-0.06%
EMR	A	-0.06%
CPRT	A	-0.06%
FIX	B	-0.06%
SPGI	C	-0.06%
AAON	B	-0.06%
MDB	C	-0.06%
XP	F	-0.06%
AMD	F	-0.06%
MRNA	F	-0.06%
RBLX	B	-0.06%
MCO	C	-0.06%
ENTG	F	-0.06%
FOUR	B	-0.06%
ICE	C	-0.06%
MSFT	C	-0.06%
SPOT	A	-0.06%
ELV	F	-0.06%
GM	B	-0.06%
KNSL	C	-0.06%
MAR	A	-0.06%
MMC	D	-0.06%
ABNB	C	-0.06%
LULU	B	-0.06%
WDAY	B	-0.06%
INTU	A	-0.06%
CB	C	-0.06%
IBM	D	-0.06%
XPO	B	-0.06%
AAPL	C	-0.06%
APPF	B	-0.06%
TTD	B	-0.06%
TXRH	A	-0.06%
APLS	F	-0.06%
ADI	D	-0.06%
BSY	F	-0.06%
AMAT	F	-0.06%
LRCX	F	-0.06%
NU	B	-0.06%
PGR	A	-0.06%
TSLA	B	-0.06%
QCOM	F	-0.06%
TDC	F	-0.06%
TXN	B	-0.06%
ROP	A	-0.06%
MANH	C	-0.06%
CME	B	-0.06%
TDG	D	-0.05%
NOC	D	-0.05%
DE	D	-0.05%
MMM	C	-0.05%
SHW	A	-0.05%
ELF	C	-0.05%
BURL	C	-0.05%
GE	D	-0.05%
UPS	C	-0.05%
UNP	D	-0.05%
CSX	B	-0.05%
V	A	-0.05%
FDX	B	-0.05%
CTAS	B	-0.05%
LII	B	-0.05%
ROL	C	-0.05%
ITW	B	-0.05%
LNW	F	-0.05%
NKE	F	-0.05%
SBUX	B	-0.05%
HEI	A	-0.05%
RTX	D	-0.05%
ACN	B	-0.05%
TT	B	-0.05%
HON	B	-0.05%
TGT	C	-0.05%
BAH	C	-0.05%
TSCO	D	-0.05%
TPX	B	-0.05%
COST	B	-0.05%
MA	B	-0.05%
DKNG	B	-0.05%
TJX	A	-0.05%
TREX	C	-0.05%
JCI	A	-0.05%
MCD	C	-0.05%
CPAY	A	-0.05%
MUSA	B	-0.05%
CHDN	B	-0.05%
CMG	B	-0.05%
PYPL	A	-0.05%
ADTN	B	-0.05%
AZO	B	-0.05%
ADBE	C	-0.05%
NSC	B	-0.05%
HD	B	-0.05%
ADP	A	-0.05%
WMT	A	-0.05%
ETN	B	-0.05%
F	C	-0.05%
POOL	D	-0.05%
AMZN	A	-0.05%
AXON	B	-0.05%
CAT	B	-0.05%
VVV	B	-0.05%
PH	A	-0.05%
ORLY	A	-0.05%
DECK	B	-0.05%
FI	A	-0.05%
AXP	B	-0.05%
PCAR	B	-0.05%
WING	D	-0.04%
EL	F	-0.04%
BA	F	-0.04%
LMT	D	-0.04%
GD	C	-0.04%
VRSK	A	-0.04%
CARR	C	-0.04%
SMCI	F	-0.03%