IWS vs. GGUS ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS)

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

$138.56

Average Daily Volume

277,482

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

GGUS

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

GGUS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization growth segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$53.94

Average Daily Volume

26,758

Number of Holdings ^*

376

* may have additional holdings in another (foreign) market

Performance

Period	IWS	GGUS
30 Days	5.17%	5.06%
60 Days	5.63%	5.50%
90 Days	7.53%	7.94%
12 Months	31.74%

174 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in GGUS	Overlap
AAL	B	0.1%	0.0%	0.0%
AJG	B	0.65%	0.02%	0.02%
ALGN	D	0.08%	0.04%	0.04%
ALL	A	0.48%	0.04%	0.04%
ALLY	C	0.1%	0.01%	0.01%
ALNY	D	0.04%	0.11%	0.04%
AM	A	0.04%	0.01%	0.01%
AMP	A	0.06%	0.23%	0.06%
AVY	D	0.11%	0.03%	0.03%
AWI	A	0.05%	0.01%	0.01%
AZEK	A	0.02%	0.02%	0.02%
BFAM	D	0.06%	0.0%	0.0%
BILL	A	0.07%	0.01%	0.01%
BLD	D	0.11%	0.0%	0.0%
BLDR	D	0.21%	0.01%	0.01%
BPOP	B	0.07%	0.0%	0.0%
BR	A	0.03%	0.11%	0.03%
BRKR	D	0.02%	0.01%	0.01%
BRO	B	0.16%	0.05%	0.05%
BROS	B	0.03%	0.01%	0.01%
BWXT	B	0.1%	0.01%	0.01%
CACC	D	0.01%	0.01%	0.01%
CAH	B	0.13%	0.08%	0.08%
CAR	C	0.01%	0.0%	0.0%
CASY	A	0.13%	0.01%	0.01%
CDW	F	0.13%	0.05%	0.05%
CE	F	0.07%	0.01%	0.01%
CHE	D	0.08%	0.0%	0.0%
CHH	A	0.01%	0.02%	0.01%
CIVI	D	0.04%	0.01%	0.01%
CLF	F	0.04%	0.01%	0.01%
CNM	D	0.03%	0.02%	0.02%
COIN	C	0.11%	0.24%	0.11%
CROX	D	0.05%	0.0%	0.0%
CSL	C	0.19%	0.01%	0.01%
CVNA	B	0.19%	0.04%	0.04%
DAY	B	0.11%	0.0%	0.0%
DBX	B	0.05%	0.01%	0.01%
DJT	C	0.01%	0.01%	0.01%
DKS	C	0.11%	0.0%	0.0%
DOCS	C	0.06%	0.0%	0.0%
DPZ	C	0.11%	0.02%	0.02%
DRI	B	0.1%	0.05%	0.05%
DV	C	0.01%	0.01%	0.01%
EFX	F	0.27%	0.03%	0.03%
EG	C	0.15%	0.01%	0.01%
EME	C	0.15%	0.04%	0.04%
EPAM	C	0.13%	0.0%	0.0%
EQT	B	0.26%	0.01%	0.01%
ETSY	D	0.02%	0.02%	0.02%
EXAS	D	0.06%	0.02%	0.02%
EXEL	B	0.02%	0.04%	0.02%
EXP	A	0.03%	0.03%	0.03%
EXPD	D	0.16%	0.01%	0.01%
FAST	B	0.08%	0.17%	0.08%
FDS	B	0.13%	0.03%	0.03%
FICO	B	0.09%	0.2%	0.09%
FIVE	F	0.01%	0.02%	0.01%
FND	C	0.08%	0.02%	0.02%
FRPT	B	0.05%	0.01%	0.01%
GEHC	F	0.37%	0.01%	0.01%
GLOB	B	0.02%	0.03%	0.02%
GNRC	B	0.06%	0.02%	0.02%
GWRE	A	0.1%	0.03%	0.03%
GWW	B	0.07%	0.19%	0.07%
H	B	0.06%	0.0%	0.0%
HAS	D	0.01%	0.03%	0.01%
HCP	B	0.01%	0.02%	0.01%
HES	B	0.16%	0.12%	0.12%
HLI	B	0.1%	0.0%	0.0%
HLT	A	0.33%	0.14%	0.14%
HPQ	B	0.3%	0.04%	0.04%
HRB	D	0.07%	0.01%	0.01%
HSY	F	0.24%	0.02%	0.02%
HWM	A	0.47%	0.01%	0.01%
INCY	C	0.13%	0.0%	0.0%
IONS	F	0.0%	0.02%	0.0%
IQV	D	0.34%	0.02%	0.02%
IRDM	D	0.03%	0.0%	0.0%
IRM	D	0.16%	0.09%	0.09%
JBL	B	0.14%	0.01%	0.01%
JEF	A	0.1%	0.02%	0.02%
JLL	D	0.09%	0.02%	0.02%
KBR	F	0.08%	0.0%	0.0%
KMX	B	0.13%	0.0%	0.0%
LAMR	D	0.09%	0.01%	0.01%
LBRDK	C	0.08%	0.01%	0.01%
LECO	B	0.09%	0.01%	0.01%
LNG	B	0.26%	0.11%	0.11%
LOPE	B	0.03%	0.01%	0.01%
LPX	B	0.02%	0.02%	0.02%
LSCC	D	0.01%	0.03%	0.01%
LW	C	0.08%	0.02%	0.02%
LYFT	C	0.02%	0.02%	0.02%
MASI	A	0.04%	0.02%	0.02%
MKL	A	0.18%	0.02%	0.02%
MLM	B	0.37%	0.01%	0.01%
MOH	F	0.07%	0.05%	0.05%
MSCI	C	0.21%	0.12%	0.12%
MSTR	C	0.55%	0.02%	0.02%
MTN	C	0.01%	0.03%	0.01%
NCNO	B	0.01%	0.01%	0.01%
NFE	D	0.0%	0.0%	0.0%
NRG	B	0.12%	0.04%	0.04%
NTAP	C	0.15%	0.05%	0.05%
NTNX	A	0.13%	0.02%	0.02%
NXST	C	0.03%	0.01%	0.01%
OKTA	C	0.07%	0.02%	0.02%
OLED	D	0.04%	0.02%	0.02%
ONTO	D	0.06%	0.01%	0.01%
PATH	C	0.01%	0.02%	0.01%
PAYC	B	0.05%	0.03%	0.03%
PAYX	C	0.32%	0.07%	0.07%
PFGC	B	0.12%	0.01%	0.01%
PLNT	A	0.04%	0.02%	0.02%
PR	B	0.08%	0.01%	0.01%
PSTG	D	0.02%	0.06%	0.02%
PTC	A	0.1%	0.06%	0.06%
PWR	A	0.36%	0.06%	0.06%
PYCR	C	0.01%	0.0%	0.0%
RCL	A	0.39%	0.09%	0.09%
RGEN	D	0.07%	0.0%	0.0%
RH	B	0.04%	0.0%	0.0%
RLI	B	0.08%	0.0%	0.0%
RMD	C	0.27%	0.04%	0.04%
ROK	B	0.33%	0.01%	0.01%
ROKU	D	0.08%	0.01%	0.01%
ROST	C	0.39%	0.05%	0.05%
RPM	A	0.15%	0.02%	0.02%
S	B	0.07%	0.0%	0.0%
SAIA	B	0.06%	0.04%	0.04%
SAM	C	0.02%	0.0%	0.0%
SEE	C	0.03%	0.0%	0.0%
SITE	D	0.04%	0.01%	0.01%
SKX	D	0.08%	0.0%	0.0%
SN	D	0.06%	0.01%	0.01%
SOFI	A	0.13%	0.01%	0.01%
SPG	B	0.48%	0.07%	0.07%
SPR	D	0.03%	0.0%	0.0%
SQ	B	0.3%	0.1%	0.1%
SSD	D	0.08%	0.0%	0.0%
SYY	B	0.16%	0.1%	0.1%
TER	D	0.02%	0.06%	0.02%
TKO	B	0.09%	0.01%	0.01%
TPG	A	0.05%	0.01%	0.01%
TRU	D	0.19%	0.0%	0.0%
TTEK	F	0.1%	0.01%	0.01%
TW	A	0.1%	0.03%	0.03%
TWLO	A	0.15%	0.01%	0.01%
TXG	F	0.01%	0.0%	0.0%
TYL	B	0.04%	0.1%	0.04%
U	C	0.03%	0.01%	0.01%
UHAL	D	0.04%	0.01%	0.01%
UHAL	D	0.0%	0.01%	0.0%
UI	A	0.01%	0.0%	0.0%
ULTA	F	0.03%	0.07%	0.03%
URI	B	0.46%	0.06%	0.06%
UWMC	D	0.0%	0.0%	0.0%
VLTO	D	0.15%	0.05%	0.05%
VMC	B	0.3%	0.04%	0.04%
VRSN	F	0.16%	0.0%	0.0%
WAT	B	0.09%	0.06%	0.06%
WEN	D	0.02%	0.01%	0.01%
WEX	D	0.07%	0.0%	0.0%
WH	B	0.07%	0.0%	0.0%
WMS	D	0.06%	0.01%	0.01%
WSC	D	0.05%	0.01%	0.01%
WSM	B	0.07%	0.05%	0.05%
WST	C	0.1%	0.06%	0.06%
WU	D	0.03%	0.0%	0.0%
WYNN	D	0.09%	0.0%	0.0%
YETI	C	0.03%	0.0%	0.0%
YUM	B	0.26%	0.06%	0.06%
ZBRA	B	0.17%	0.02%	0.02%

IWS Overweight 533 Positions Relative to GGUS

Symbol	Grade	Weight
WMB	A	0.76%
OKE	A	0.7%
AFL	B	0.68%
BK	A	0.64%
DLR	B	0.64%
KMI	A	0.58%
O	D	0.54%
CMI	A	0.54%
FIS	C	0.54%
DHI	D	0.53%
LHX	C	0.51%
CCI	D	0.5%
KVUE	A	0.5%
PRU	A	0.5%
PEG	A	0.49%
AME	A	0.49%
PCG	A	0.49%
DFS	B	0.48%
BKR	B	0.47%
EA	A	0.47%
DAL	C	0.45%
IR	B	0.45%
CBRE	B	0.44%
OTIS	C	0.44%
LEN	D	0.44%
CTVA	C	0.43%
XEL	A	0.43%
EXC	C	0.43%
FERG	B	0.42%
CTSH	B	0.42%
KR	B	0.42%
A	D	0.41%
CHTR	C	0.4%
ACGL	D	0.4%
NUE	C	0.39%
GIS	D	0.39%
GLW	B	0.39%
MTB	A	0.39%
WAB	B	0.38%
DD	D	0.38%
EXR	D	0.38%
HIG	B	0.38%
HUM	C	0.37%
FANG	D	0.37%
MCHP	D	0.37%
ED	D	0.37%
GRMN	B	0.36%
NDAQ	A	0.36%
AVB	B	0.36%
VICI	C	0.36%
ETR	B	0.35%
EIX	B	0.35%
WTW	B	0.35%
FITB	A	0.35%
TTWO	A	0.34%
DOW	F	0.34%
WEC	A	0.34%
EBAY	D	0.34%
GPN	B	0.33%
UAL	A	0.33%
CNC	D	0.33%
RJF	A	0.33%
PPG	F	0.32%
STT	A	0.32%
CSGP	D	0.32%
ANSS	B	0.32%
XYL	D	0.32%
ON	D	0.31%
EQR	B	0.31%
HPE	B	0.3%
DOV	A	0.3%
TROW	B	0.29%
KEYS	A	0.29%
HAL	C	0.29%
AWK	D	0.29%
FTV	C	0.29%
FCNCA	A	0.29%
PHM	D	0.29%
CHD	B	0.29%
SW	A	0.29%
ADM	D	0.28%
HBAN	A	0.28%
VTR	C	0.28%
SYF	B	0.28%
NVR	D	0.28%
CCL	B	0.27%
DVN	F	0.27%
RF	A	0.27%
AEE	A	0.27%
DTE	C	0.27%
MTD	D	0.27%
PPL	B	0.27%
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%
NTRS	A	0.24%
EXE	B	0.24%
ILMN	D	0.24%
LYB	F	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%
STLD	B	0.23%
PKG	A	0.23%
CBOE	B	0.23%
K	A	0.23%
CFG	B	0.23%
LH	C	0.22%
PFG	D	0.22%
BBY	D	0.22%
IP	B	0.22%
CMS	C	0.22%
FSLR	F	0.22%
MKC	D	0.21%
OMC	C	0.21%
BALL	D	0.21%
CTRA	B	0.21%
IBKR	A	0.21%
ESS	B	0.21%
COO	D	0.21%
LUV	C	0.21%
CNP	B	0.21%
RS	B	0.2%
KEY	B	0.2%
DGX	A	0.2%
WRB	A	0.2%
HOLX	D	0.2%
WSO	A	0.2%
TSN	B	0.2%
ARE	D	0.2%
MAA	B	0.2%
SNA	A	0.2%
GPC	D	0.19%
TRMB	B	0.19%
MAS	D	0.19%
IEX	B	0.19%
J	F	0.19%
PNR	A	0.19%
CF	B	0.18%
FNF	B	0.18%
MRO	B	0.18%
GEN	B	0.18%
BAX	D	0.18%
KIM	A	0.18%
NI	A	0.18%
DG	F	0.18%
OC	A	0.18%
L	A	0.17%
VTRS	A	0.17%
RGA	A	0.17%
SUI	D	0.17%
TOL	B	0.17%
LNT	A	0.17%
SSNC	B	0.17%
TXT	D	0.17%
UTHR	C	0.17%
EVRG	A	0.16%
EWBC	A	0.16%
APTV	D	0.16%
NDSN	B	0.16%
UDR	B	0.16%
ACM	A	0.16%
DOC	D	0.16%
USFD	A	0.16%
THC	D	0.16%
AMCR	D	0.16%
JBHT	C	0.16%
GGG	B	0.16%
RNR	C	0.15%
SWKS	F	0.15%
RVTY	F	0.15%
REG	B	0.15%
UNM	A	0.15%
CW	B	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%
BG	F	0.14%
CHRW	C	0.14%
GLPI	C	0.14%
DLTR	F	0.14%
AFRM	B	0.14%
ELS	C	0.14%
AKAM	D	0.14%
SWK	D	0.14%
TPR	B	0.14%
AIZ	A	0.13%
SF	B	0.13%
BJ	A	0.13%
OVV	B	0.13%
Z	A	0.13%
UHS	D	0.13%
EMN	D	0.13%
JNPR	F	0.13%
SCI	B	0.13%
BMRN	D	0.13%
HST	C	0.13%
FTI	A	0.13%
NVT	B	0.13%
WPC	D	0.13%
ALB	C	0.13%
ALLE	D	0.13%
FOXA	B	0.12%
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%
TAP	C	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%
CRL	C	0.11%
DOX	D	0.11%
CIEN	B	0.11%
WTRG	B	0.11%
GL	B	0.11%
MKTX	D	0.11%
WAL	B	0.11%
EHC	B	0.11%
ARMK	B	0.11%
DTM	B	0.11%
OHI	C	0.11%
AES	F	0.11%
AFG	A	0.11%
NLY	C	0.11%
GME	C	0.11%
LKQ	D	0.11%
AYI	B	0.11%
RPRX	D	0.11%
LAD	A	0.11%
IPG	D	0.11%
ALSN	B	0.11%
WWD	B	0.11%
WBS	A	0.11%
PRI	A	0.11%
CACI	D	0.11%
PNW	B	0.11%
ZION	B	0.1%
BRX	A	0.1%
AOS	F	0.1%
MGM	D	0.1%
SNX	C	0.1%
KNX	B	0.1%
AR	B	0.1%
HSIC	B	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	A	0.1%
TFX	F	0.1%
REXR	F	0.1%
GMED	A	0.1%
FBIN	D	0.1%
RGLD	C	0.1%
DCI	B	0.1%
CMA	A	0.1%
INGR	B	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%
BWA	D	0.09%
G	B	0.09%
ACI	C	0.09%
MTCH	D	0.09%
CHRD	D	0.09%
RRC	B	0.09%
SEIC	B	0.09%
CZR	F	0.09%
SNV	B	0.09%
X	C	0.09%
APG	B	0.09%
APA	D	0.09%
CFR	B	0.09%
CPB	D	0.09%
VOYA	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%
MOS	F	0.09%
HRL	D	0.09%
CR	A	0.09%
MTZ	B	0.09%
FYBR	D	0.09%
CBSH	A	0.09%
OGE	B	0.09%
WTFC	A	0.09%
DAR	C	0.08%
ELAN	D	0.08%
FCN	D	0.08%
MTSI	B	0.08%
GXO	B	0.08%
R	B	0.08%
FR	C	0.08%
ATI	D	0.08%
ESAB	B	0.08%
GNTX	C	0.08%
AGNC	D	0.08%
OSK	B	0.08%
VFC	C	0.08%
BBWI	D	0.08%
VNO	B	0.08%
MIDD	C	0.08%
CART	C	0.08%
COKE	C	0.08%
MHK	D	0.08%
KEX	C	0.08%
RHI	B	0.08%
PB	A	0.08%
ADC	B	0.08%
JAZZ	B	0.08%
HII	D	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%
WBA	F	0.07%
STWD	C	0.07%
ARW	D	0.07%
BIO	D	0.07%
BEN	C	0.07%
QRVO	F	0.07%
COLD	D	0.07%
OMF	A	0.07%
MTDR	B	0.07%
SAIC	F	0.07%
MAT	D	0.07%
NOV	C	0.07%
SIRI	C	0.07%
MSA	D	0.07%
ESI	A	0.07%
KD	B	0.07%
PARA	C	0.07%
MTG	C	0.07%
IVZ	B	0.07%
CGNX	C	0.07%
LSTR	D	0.07%
COLB	A	0.07%
FAF	A	0.07%
STAG	F	0.07%
MKSI	C	0.07%
HR	C	0.07%
AZPN	A	0.07%
DINO	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	C	0.07%
FMC	D	0.07%
BYD	C	0.06%
UGI	A	0.06%
AL	B	0.06%
OZK	B	0.06%
POST	C	0.06%
SLM	A	0.06%
CCCS	B	0.06%
LEA	D	0.06%
CRUS	D	0.06%
BC	C	0.06%
LITE	B	0.06%
RITM	C	0.06%
THO	B	0.06%
NFG	A	0.06%
OLLI	D	0.06%
FOX	A	0.06%
PVH	C	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%
DLB	B	0.05%
AN	C	0.05%
WLK	D	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%
PSN	D	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%
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%
ZG	A	0.04%
EPR	D	0.04%
HIW	D	0.04%
ACHC	F	0.04%
FHB	A	0.04%
IAC	D	0.04%
PII	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%
MDU	D	0.04%
NEU	C	0.04%
MSGS	A	0.04%
DXC	B	0.04%
MSM	C	0.04%
OGN	D	0.04%
ASH	D	0.04%
LINE	F	0.04%
HOG	D	0.04%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
PINC	B	0.03%
ALGM	D	0.03%
CPRI	F	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%
COTY	F	0.03%
CXT	B	0.03%
COLM	B	0.03%
VIRT	B	0.03%
ECG	C	0.03%
AMED	F	0.03%
AMKR	D	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%
AMTM	D	0.03%
BHF	B	0.03%
VAC	B	0.03%
PENN	C	0.03%
ZI	D	0.03%
TRIP	F	0.02%
SNDR	B	0.02%
REYN	D	0.02%
LEG	F	0.02%
FTRE	D	0.02%
UA	C	0.02%
QS	F	0.02%
CLVT	F	0.02%
GO	C	0.02%
BIRK	D	0.02%
LEN	D	0.02%
ALAB	B	0.02%
VSTS	C	0.02%
CNXC	F	0.02%
CRI	D	0.02%
UAA	C	0.02%
RKT	F	0.02%
PPC	C	0.02%
LCID	F	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%
SHC	F	0.02%
AZTA	D	0.02%
ADT	C	0.02%
AAP	C	0.02%
RCM	F	0.02%
PLTK	B	0.01%
SEB	F	0.01%
TFSL	A	0.01%
WOLF	F	0.01%
CWEN	C	0.01%
CNA	B	0.01%
LBRDA	C	0.01%
FWONA	B	0.01%
AS	B	0.01%
CERT	F	0.01%
LLYVA	A	0.01%
DDS	B	0.01%
LOAR	A	0.0%
PARAA	B	0.0%
SEG	B	0.0%
GRAL	C	0.0%
LAZ	B	0.0%

IWS Underweight 203 Positions Relative to GGUS

Symbol	Grade	Weight
AAPL	C	-11.27%
NVDA	C	-11.16%
MSFT	F	-4.36%
AMZN	C	-4.31%
TSLA	B	-4.14%
META	D	-3.54%
AVGO	D	-3.32%
LLY	F	-2.56%
GOOGL	C	-2.28%
V	A	-2.16%
GOOG	C	-1.92%
MA	C	-1.9%
COST	B	-1.8%
NFLX	A	-1.6%
HD	A	-1.43%
ORCL	B	-1.28%
CRM	B	-1.13%
MRK	F	-1.08%
ADBE	C	-0.98%
NOW	A	-0.91%
ISRG	A	-0.83%
INTU	C	-0.82%
PEP	F	-0.76%
QCOM	F	-0.76%
BKNG	A	-0.71%
AMD	F	-0.65%
KO	D	-0.61%
UBER	D	-0.61%
BX	A	-0.57%
AMAT	F	-0.57%
PGR	A	-0.56%
ABBV	D	-0.56%
PLTR	B	-0.54%
PANW	C	-0.52%
AMGN	D	-0.51%
ADP	B	-0.5%
ANET	C	-0.42%
LRCX	F	-0.41%
AMT	D	-0.41%
WM	A	-0.39%
SBUX	A	-0.39%
PG	A	-0.39%
KLAC	D	-0.37%
SNPS	B	-0.35%
TJX	A	-0.35%
SHW	A	-0.35%
CDNS	B	-0.35%
CMG	B	-0.35%
CRWD	B	-0.34%
APP	B	-0.34%
MCO	B	-0.33%
CTAS	B	-0.31%
UNP	C	-0.3%
ADSK	A	-0.29%
ZTS	D	-0.29%
SPOT	B	-0.29%
APO	B	-0.28%
ORLY	B	-0.28%
VRTX	F	-0.27%
AXP	A	-0.26%
NKE	D	-0.25%
ABNB	C	-0.25%
WDAY	B	-0.24%
VST	B	-0.23%
TTD	B	-0.23%
DASH	A	-0.23%
ECL	D	-0.23%
AZO	C	-0.22%
GS	A	-0.22%
FTNT	C	-0.21%
APH	A	-0.21%
CPRT	A	-0.2%
ODFL	B	-0.19%
CL	D	-0.19%
AXON	A	-0.19%
NU	C	-0.19%
TRGP	B	-0.19%
VRT	B	-0.19%
VRSK	A	-0.18%
COR	B	-0.18%
SNOW	C	-0.18%
GE	D	-0.18%
SYK	C	-0.18%
DDOG	A	-0.17%
TEAM	A	-0.17%
MSI	B	-0.17%
FI	A	-0.17%
IT	C	-0.17%
LMT	D	-0.16%
UNH	C	-0.16%
LULU	C	-0.16%
HUBS	A	-0.15%
MCK	B	-0.15%
IDXX	F	-0.15%
VEEV	C	-0.14%
TT	A	-0.14%
TSCO	D	-0.13%
KKR	A	-0.13%
ITW	B	-0.13%
ARES	A	-0.13%
MNST	C	-0.13%
DXCM	D	-0.13%
RBLX	C	-0.12%
GDDY	A	-0.12%
DECK	A	-0.12%
CAT	B	-0.12%
NET	B	-0.12%
MPWR	F	-0.12%
CPNG	D	-0.12%
CPAY	A	-0.11%
TPL	A	-0.11%
TXN	C	-0.1%
EXPE	B	-0.1%
HON	B	-0.1%
LPLA	A	-0.1%
MDB	C	-0.09%
LII	A	-0.09%
LYV	A	-0.09%
CLX	B	-0.09%
HEI	B	-0.08%
LVS	C	-0.08%
PINS	D	-0.08%
NTRA	B	-0.08%
BURL	A	-0.08%
TOST	B	-0.08%
BAH	F	-0.08%
PODD	C	-0.08%
ZS	C	-0.08%
KMB	D	-0.08%
DKNG	B	-0.08%
ELV	F	-0.07%
EQH	B	-0.07%
ENTG	D	-0.07%
MMC	B	-0.07%
HCA	F	-0.07%
DT	C	-0.07%
FIX	A	-0.07%
DOCU	A	-0.07%
BA	F	-0.07%
MANH	D	-0.07%
XPO	B	-0.07%
TXRH	C	-0.06%
POOL	C	-0.06%
MCD	D	-0.06%
TDG	D	-0.06%
MMM	D	-0.06%
ROL	B	-0.06%
KNSL	B	-0.05%
SMCI	F	-0.05%
DUOL	A	-0.05%
NCLH	B	-0.05%
CEG	D	-0.05%
OWL	A	-0.05%
NBIX	C	-0.05%
HEI	B	-0.05%
SCHW	B	-0.05%
MEDP	D	-0.04%
DVA	B	-0.04%
EW	C	-0.04%
PEN	B	-0.04%
PSA	D	-0.04%
CI	F	-0.04%
ENPH	F	-0.04%
ITCI	C	-0.04%
LNW	D	-0.04%
PCTY	B	-0.04%
SCCO	F	-0.04%
MORN	B	-0.04%
AAON	B	-0.04%
TPX	B	-0.04%
MS	A	-0.04%
CHDN	B	-0.04%
WING	D	-0.04%
SRPT	D	-0.04%
MUSA	A	-0.04%
WFRD	D	-0.03%
FOUR	B	-0.03%
MRVL	B	-0.03%
ELF	C	-0.03%
BSY	D	-0.03%
REGN	F	-0.03%
CFLT	B	-0.03%
RYAN	B	-0.03%
TREX	C	-0.03%
SMAR	A	-0.03%
ESTC	C	-0.03%
GTLB	B	-0.03%
PCOR	B	-0.03%
RARE	D	-0.02%
CELH	F	-0.02%
INSP	D	-0.02%
EQIX	A	-0.02%
APPF	B	-0.02%
VKTX	F	-0.02%
DELL	C	-0.02%
EL	F	-0.02%
VVV	F	-0.02%
FIVN	C	-0.01%
APLS	D	-0.01%
RNG	B	-0.01%
TDC	D	-0.01%
PEGA	A	-0.01%
XP	F	-0.0%