IWS vs. IUS ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Invesco Strategic US ETF (IUS)

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

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.77

Average Daily Volume

55,038

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

Performance

Period	IWS	IUS
30 Days	5.17%	3.50%
60 Days	5.63%	3.79%
90 Days	7.53%	5.45%
12 Months	31.74%	27.21%

308 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in IUS	Overlap
A	D	0.41%	0.05%	0.05%
AA	B	0.12%	0.04%	0.04%
AAL	B	0.1%	0.03%	0.03%
AAP	C	0.02%	0.02%	0.02%
ACGL	D	0.4%	0.1%	0.1%
ACI	C	0.09%	0.12%	0.09%
ACM	A	0.16%	0.05%	0.05%
ADM	D	0.28%	0.28%	0.28%
AES	F	0.11%	0.04%	0.04%
AFG	A	0.11%	0.05%	0.05%
AGCO	D	0.06%	0.04%	0.04%
AIZ	A	0.13%	0.06%	0.06%
AKAM	D	0.14%	0.04%	0.04%
ALB	C	0.13%	0.05%	0.05%
ALGN	D	0.08%	0.03%	0.03%
ALL	A	0.48%	0.26%	0.26%
AMCR	D	0.16%	0.07%	0.07%
AME	A	0.49%	0.06%	0.06%
AMG	B	0.06%	0.04%	0.04%
AMKR	D	0.03%	0.02%	0.02%
AN	C	0.05%	0.05%	0.05%
ANSS	B	0.32%	0.03%	0.03%
AOS	F	0.1%	0.02%	0.02%
APA	D	0.09%	0.05%	0.05%
APTV	D	0.16%	0.05%	0.05%
AR	B	0.1%	0.05%	0.05%
ARMK	B	0.11%	0.05%	0.05%
ARW	D	0.07%	0.08%	0.07%
AVT	C	0.05%	0.05%	0.05%
AVTR	F	0.15%	0.03%	0.03%
AVY	D	0.11%	0.03%	0.03%
BALL	D	0.21%	0.05%	0.05%
BAX	D	0.18%	0.06%	0.06%
BBY	D	0.22%	0.13%	0.13%
BC	C	0.06%	0.03%	0.03%
BEN	C	0.07%	0.03%	0.03%
BERY	B	0.08%	0.07%	0.07%
BG	F	0.14%	0.13%	0.13%
BIIB	F	0.26%	0.05%	0.05%
BJ	A	0.13%	0.05%	0.05%
BKR	B	0.47%	0.18%	0.18%
BLDR	D	0.21%	0.12%	0.12%
BR	A	0.03%	0.04%	0.03%
BRO	B	0.16%	0.03%	0.03%
BWA	D	0.09%	0.05%	0.05%
CACI	D	0.11%	0.03%	0.03%
CAG	D	0.14%	0.06%	0.06%
CAH	B	0.13%	0.48%	0.13%
CAR	C	0.01%	0.07%	0.01%
CASY	A	0.13%	0.05%	0.05%
CBOE	B	0.23%	0.03%	0.03%
CBRE	B	0.44%	0.14%	0.14%
CCK	C	0.12%	0.04%	0.04%
CCL	B	0.27%	0.12%	0.12%
CDW	F	0.13%	0.05%	0.05%
CE	F	0.07%	0.03%	0.03%
CF	B	0.18%	0.1%	0.1%
CHD	B	0.29%	0.04%	0.04%
CHRD	D	0.09%	0.04%	0.04%
CHRW	C	0.14%	0.08%	0.08%
CHTR	C	0.4%	0.34%	0.34%
CINF	A	0.26%	0.1%	0.1%
CIVI	D	0.04%	0.04%	0.04%
CLF	F	0.04%	0.05%	0.04%
CMI	A	0.54%	0.16%	0.16%
CMS	C	0.22%	0.06%	0.06%
CNC	D	0.33%	0.32%	0.32%
CNM	D	0.03%	0.02%	0.02%
CNP	B	0.21%	0.1%	0.1%
COHR	B	0.14%	0.05%	0.05%
CPB	D	0.09%	0.03%	0.03%
CPRI	F	0.03%	0.02%	0.02%
CSGP	D	0.32%	0.02%	0.02%
CSL	C	0.19%	0.05%	0.05%
CTRA	B	0.21%	0.13%	0.13%
CTSH	B	0.42%	0.14%	0.14%
CTVA	C	0.43%	0.14%	0.14%
CZR	F	0.09%	0.05%	0.05%
DAL	C	0.45%	0.06%	0.06%
DAR	C	0.08%	0.03%	0.03%
DD	D	0.38%	0.14%	0.14%
DG	F	0.18%	0.07%	0.07%
DGX	A	0.2%	0.07%	0.07%
DHI	D	0.53%	0.17%	0.17%
DINO	D	0.07%	0.09%	0.07%
DKS	C	0.11%	0.06%	0.06%
DLTR	F	0.14%	0.06%	0.06%
DOV	A	0.3%	0.05%	0.05%
DOW	F	0.34%	0.18%	0.18%
DOX	D	0.11%	0.04%	0.04%
DRI	B	0.1%	0.06%	0.06%
DTE	C	0.27%	0.1%	0.1%
DVN	F	0.27%	0.12%	0.12%
DXC	B	0.04%	0.08%	0.04%
EA	A	0.47%	0.1%	0.1%
EBAY	D	0.34%	0.12%	0.12%
ED	D	0.37%	0.14%	0.14%
EFX	F	0.27%	0.04%	0.04%
EG	C	0.15%	0.1%	0.1%
ELAN	D	0.08%	0.02%	0.02%
EME	C	0.15%	0.05%	0.05%
EMN	D	0.13%	0.05%	0.05%
EQT	B	0.26%	0.1%	0.1%
EXC	C	0.43%	0.17%	0.17%
EXPD	D	0.16%	0.08%	0.08%
FAF	A	0.07%	0.04%	0.04%
FANG	D	0.37%	0.16%	0.16%
FAST	B	0.08%	0.07%	0.07%
FBIN	D	0.1%	0.03%	0.03%
FE	C	0.26%	0.09%	0.09%
FFIV	B	0.15%	0.04%	0.04%
FOXA	B	0.12%	0.15%	0.12%
FSLR	F	0.22%	0.03%	0.03%
FTI	A	0.13%	0.03%	0.03%
FTV	C	0.29%	0.06%	0.06%
FYBR	D	0.09%	0.03%	0.03%
GAP	C	0.05%	0.03%	0.03%
GEHC	F	0.37%	0.06%	0.06%
GEN	B	0.18%	0.04%	0.04%
GIS	D	0.39%	0.13%	0.13%
GLW	B	0.39%	0.13%	0.13%
GPC	D	0.19%	0.06%	0.06%
GPK	C	0.09%	0.04%	0.04%
GRMN	B	0.36%	0.05%	0.05%
GWW	B	0.07%	0.09%	0.07%
GXO	B	0.08%	0.03%	0.03%
H	B	0.06%	0.04%	0.04%
HAL	C	0.29%	0.1%	0.1%
HAS	D	0.01%	0.03%	0.01%
HES	B	0.16%	0.08%	0.08%
HIG	B	0.38%	0.18%	0.18%
HII	D	0.08%	0.03%	0.03%
HLT	A	0.33%	0.1%	0.1%
HOG	D	0.04%	0.03%	0.03%
HOLX	D	0.2%	0.05%	0.05%
HPE	B	0.3%	0.21%	0.21%
HPQ	B	0.3%	0.18%	0.18%
HRB	D	0.07%	0.03%	0.03%
HRL	D	0.09%	0.05%	0.05%
HSIC	B	0.1%	0.04%	0.04%
HST	C	0.13%	0.04%	0.04%
HSY	F	0.24%	0.06%	0.06%
HUBB	B	0.26%	0.03%	0.03%
HUM	C	0.37%	0.26%	0.26%
HUN	F	0.04%	0.03%	0.03%
HWM	A	0.47%	0.05%	0.05%
IAC	D	0.04%	0.02%	0.02%
IFF	D	0.24%	0.07%	0.07%
ILMN	D	0.24%	0.03%	0.03%
INGR	B	0.1%	0.04%	0.04%
IP	B	0.22%	0.14%	0.14%
IPG	D	0.11%	0.05%	0.05%
IQV	D	0.34%	0.07%	0.07%
IR	B	0.45%	0.06%	0.06%
IRM	D	0.16%	0.06%	0.06%
J	F	0.19%	0.06%	0.06%
JAZZ	B	0.08%	0.03%	0.03%
JBHT	C	0.16%	0.05%	0.05%
JBL	B	0.14%	0.11%	0.11%
JHG	A	0.06%	0.03%	0.03%
JLL	D	0.09%	0.06%	0.06%
JNPR	F	0.13%	0.04%	0.04%
K	A	0.23%	0.08%	0.08%
KD	B	0.07%	0.04%	0.04%
KEYS	A	0.29%	0.05%	0.05%
KMI	A	0.58%	0.28%	0.28%
KMX	B	0.13%	0.07%	0.07%
KNX	B	0.1%	0.05%	0.05%
KR	B	0.42%	0.36%	0.36%
KSS	F	0.02%	0.04%	0.02%
LAD	A	0.11%	0.08%	0.08%
LBRDK	C	0.08%	0.06%	0.06%
LDOS	C	0.24%	0.06%	0.06%
LEA	D	0.06%	0.05%	0.05%
LEN	D	0.02%	0.2%	0.02%
LEN	D	0.44%	0.2%	0.2%
LH	C	0.22%	0.1%	0.1%
LHX	C	0.51%	0.15%	0.15%
LKQ	D	0.11%	0.05%	0.05%
LNG	B	0.26%	0.25%	0.25%
LUV	C	0.21%	0.03%	0.03%
LYB	F	0.24%	0.13%	0.13%
M	D	0.05%	0.05%	0.05%
MAN	D	0.03%	0.04%	0.03%
MAS	D	0.19%	0.04%	0.04%
MCHP	D	0.37%	0.07%	0.07%
MGM	D	0.1%	0.07%	0.07%
MHK	D	0.08%	0.05%	0.05%
MKC	D	0.21%	0.04%	0.04%
MKL	A	0.18%	0.1%	0.1%
MLM	B	0.37%	0.05%	0.05%
MOH	F	0.07%	0.07%	0.07%
MOS	F	0.09%	0.09%	0.09%
MRO	B	0.18%	0.14%	0.14%
MSCI	C	0.21%	0.04%	0.04%
MTD	D	0.27%	0.03%	0.03%
MTDR	B	0.07%	0.03%	0.03%
MTN	C	0.01%	0.03%	0.01%
NDAQ	A	0.36%	0.05%	0.05%
NFG	A	0.06%	0.03%	0.03%
NOV	C	0.07%	0.02%	0.02%
NRG	B	0.12%	0.07%	0.07%
NTAP	C	0.15%	0.06%	0.06%
NUE	C	0.39%	0.21%	0.21%
NVR	D	0.28%	0.07%	0.07%
NWL	B	0.04%	0.04%	0.04%
NWSA	B	0.12%	0.06%	0.06%
NXST	C	0.03%	0.04%	0.03%
OC	A	0.18%	0.07%	0.07%
OKE	A	0.7%	0.18%	0.18%
OLN	D	0.05%	0.04%	0.04%
OMC	C	0.21%	0.07%	0.07%
OMF	A	0.07%	0.06%	0.06%
ON	D	0.31%	0.06%	0.06%
ORI	A	0.1%	0.07%	0.07%
OSK	B	0.08%	0.03%	0.03%
OTIS	C	0.44%	0.05%	0.05%
OVV	B	0.13%	0.09%	0.09%
PARA	C	0.07%	0.1%	0.07%
PAYX	C	0.32%	0.06%	0.06%
PENN	C	0.03%	0.04%	0.03%
PFGC	B	0.12%	0.12%	0.12%
PHM	D	0.29%	0.1%	0.1%
PII	D	0.04%	0.03%	0.03%
PKG	A	0.23%	0.07%	0.07%
POST	C	0.06%	0.03%	0.03%
PPG	F	0.32%	0.07%	0.07%
PPL	B	0.27%	0.1%	0.1%
PR	B	0.08%	0.03%	0.03%
PRGO	B	0.04%	0.02%	0.02%
PVH	C	0.06%	0.04%	0.04%
PWR	A	0.36%	0.08%	0.08%
QRVO	F	0.07%	0.02%	0.02%
R	B	0.08%	0.08%	0.08%
RCL	A	0.39%	0.11%	0.11%
RGA	A	0.17%	0.11%	0.11%
RH	B	0.04%	0.04%	0.04%
RHI	B	0.08%	0.03%	0.03%
RL	B	0.09%	0.04%	0.04%
RMD	C	0.27%	0.04%	0.04%
RNR	C	0.15%	0.06%	0.06%
ROK	B	0.33%	0.06%	0.06%
ROST	C	0.39%	0.1%	0.1%
RPM	A	0.15%	0.04%	0.04%
RRC	B	0.09%	0.03%	0.03%
RRX	B	0.12%	0.04%	0.04%
RS	B	0.2%	0.08%	0.08%
SAIC	F	0.07%	0.03%	0.03%
SBAC	D	0.26%	0.04%	0.04%
SCI	B	0.13%	0.04%	0.04%
SJM	D	0.12%	0.06%	0.06%
SKX	D	0.08%	0.03%	0.03%
SNA	A	0.2%	0.06%	0.06%
SNX	C	0.1%	0.11%	0.1%
SON	D	0.05%	0.02%	0.02%
SQ	B	0.3%	0.1%	0.1%
SSNC	B	0.17%	0.05%	0.05%
STE	F	0.24%	0.04%	0.04%
STLD	B	0.23%	0.13%	0.13%
SW	A	0.29%	0.09%	0.09%
SWK	D	0.14%	0.07%	0.07%
SWKS	F	0.15%	0.05%	0.05%
SYY	B	0.16%	0.18%	0.16%
TAP	C	0.12%	0.09%	0.09%
TDY	B	0.24%	0.05%	0.05%
TER	D	0.02%	0.02%	0.02%
THC	D	0.16%	0.07%	0.07%
THO	B	0.06%	0.04%	0.04%
TOL	B	0.17%	0.07%	0.07%
TPG	A	0.05%	0.05%	0.05%
TPR	B	0.14%	0.06%	0.06%
TROW	B	0.29%	0.08%	0.08%
TSN	B	0.2%	0.18%	0.18%
TTWO	A	0.34%	0.04%	0.04%
TW	A	0.1%	0.03%	0.03%
TWLO	A	0.15%	0.07%	0.07%
TXT	D	0.17%	0.07%	0.07%
UAL	A	0.33%	0.08%	0.08%
UGI	A	0.06%	0.04%	0.04%
UHS	D	0.13%	0.07%	0.07%
ULTA	F	0.03%	0.05%	0.03%
URI	B	0.46%	0.14%	0.14%
USFD	A	0.16%	0.1%	0.1%
UTHR	C	0.17%	0.04%	0.04%
VFC	C	0.08%	0.05%	0.05%
VMC	B	0.3%	0.06%	0.06%
VRSN	F	0.16%	0.03%	0.03%
VTRS	A	0.17%	0.15%	0.15%
WAB	B	0.38%	0.07%	0.07%
WBA	F	0.07%	0.12%	0.07%
WBD	C	0.25%	0.28%	0.25%
WCC	B	0.1%	0.05%	0.05%
WDC	D	0.23%	0.04%	0.04%
WHR	B	0.07%	0.07%	0.07%
WRB	A	0.2%	0.08%	0.08%
WSC	D	0.05%	0.03%	0.03%
WSM	B	0.07%	0.05%	0.05%
WSO	A	0.2%	0.03%	0.03%
WST	C	0.1%	0.02%	0.02%
WTW	B	0.35%	0.1%	0.1%
WU	D	0.03%	0.02%	0.02%
WY	D	0.25%	0.06%	0.06%
X	C	0.09%	0.1%	0.09%
XEL	A	0.43%	0.18%	0.18%
XYL	D	0.32%	0.04%	0.04%
YUM	B	0.26%	0.03%	0.03%
ZBH	C	0.25%	0.07%	0.07%
ZM	B	0.24%	0.05%	0.05%

IWS Overweight 399 Positions Relative to IUS

Symbol	Grade	Weight
WMB	A	0.76%
AFL	B	0.68%
AJG	B	0.65%
BK	A	0.64%
DLR	B	0.64%
MSTR	C	0.55%
O	D	0.54%
FIS	C	0.54%
CCI	D	0.5%
KVUE	A	0.5%
PRU	A	0.5%
PEG	A	0.49%
PCG	A	0.49%
SPG	B	0.48%
DFS	B	0.48%
FERG	B	0.42%
MTB	A	0.39%
EXR	D	0.38%
AVB	B	0.36%
VICI	C	0.36%
ETR	B	0.35%
EIX	B	0.35%
FITB	A	0.35%
WEC	A	0.34%
GPN	B	0.33%
RJF	A	0.33%
STT	A	0.32%
EQR	B	0.31%
AWK	D	0.29%
FCNCA	A	0.29%
HBAN	A	0.28%
VTR	C	0.28%
SYF	B	0.28%
RF	A	0.27%
AEE	A	0.27%
HOOD	B	0.24%
NTRS	A	0.24%
EXE	B	0.24%
ATO	A	0.24%
ES	D	0.24%
INVH	D	0.23%
CFG	B	0.23%
PFG	D	0.22%
IBKR	A	0.21%
ESS	B	0.21%
COO	D	0.21%
KEY	B	0.2%
ARE	D	0.2%
MAA	B	0.2%
CVNA	B	0.19%
TRMB	B	0.19%
IEX	B	0.19%
TRU	D	0.19%
PNR	A	0.19%
FNF	B	0.18%
KIM	A	0.18%
NI	A	0.18%
L	A	0.17%
SUI	D	0.17%
ZBRA	B	0.17%
LNT	A	0.17%
EVRG	A	0.16%
EWBC	A	0.16%
NDSN	B	0.16%
UDR	B	0.16%
DOC	D	0.16%
GGG	B	0.16%
RVTY	F	0.15%
REG	B	0.15%
UNM	A	0.15%
CW	B	0.15%
VLTO	D	0.15%
BXP	D	0.14%
CPT	B	0.14%
ITT	A	0.14%
JKHY	D	0.14%
CLH	B	0.14%
AMH	D	0.14%
GLPI	C	0.14%
AFRM	B	0.14%
ELS	C	0.14%
INCY	C	0.13%
SF	B	0.13%
Z	A	0.13%
FDS	B	0.13%
SOFI	A	0.13%
BMRN	D	0.13%
NVT	B	0.13%
NTNX	A	0.13%
WPC	D	0.13%
EPAM	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%
CG	A	0.12%
FHN	A	0.12%
CRL	C	0.11%
CIEN	B	0.11%
COIN	C	0.11%
WTRG	B	0.11%
GL	B	0.11%
MKTX	D	0.11%
WAL	B	0.11%
DPZ	C	0.11%
EHC	B	0.11%
DTM	B	0.11%
OHI	C	0.11%
NLY	C	0.11%
GME	C	0.11%
AYI	B	0.11%
RPRX	D	0.11%
BLD	D	0.11%
DAY	B	0.11%
ALSN	B	0.11%
WWD	B	0.11%
WBS	A	0.11%
PRI	A	0.11%
PNW	B	0.11%
TTEK	F	0.1%
ZION	B	0.1%
GWRE	A	0.1%
ALLY	C	0.1%
BRX	A	0.1%
HLI	B	0.1%
PTC	A	0.1%
RBC	A	0.1%
AXTA	A	0.1%
TFX	F	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%
JEF	A	0.1%
FRT	B	0.1%
SOLV	C	0.1%
BRBR	A	0.1%
CNH	C	0.1%
PNFP	B	0.1%
FLS	B	0.09%
G	B	0.09%
MTCH	D	0.09%
SEIC	B	0.09%
SNV	B	0.09%
APG	B	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%
NYT	C	0.09%
TTC	D	0.09%
CR	A	0.09%
MTZ	B	0.09%
WYNN	D	0.09%
CBSH	A	0.09%
OGE	B	0.09%
WTFC	A	0.09%
RLI	B	0.08%
FCN	D	0.08%
MTSI	B	0.08%
FND	C	0.08%
SSD	D	0.08%
FR	C	0.08%
ATI	D	0.08%
ESAB	B	0.08%
GNTX	C	0.08%
AGNC	D	0.08%
BBWI	D	0.08%
VNO	B	0.08%
KBR	F	0.08%
MIDD	C	0.08%
CART	C	0.08%
COKE	C	0.08%
LW	C	0.08%
KEX	C	0.08%
ROKU	D	0.08%
PB	A	0.08%
CHE	D	0.08%
ADC	B	0.08%
NNN	D	0.08%
LNC	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%
COLD	D	0.07%
MAT	D	0.07%
SIRI	C	0.07%
MSA	D	0.07%
ESI	A	0.07%
MTG	C	0.07%
IVZ	B	0.07%
CGNX	C	0.07%
LSTR	D	0.07%
BILL	A	0.07%
OKTA	C	0.07%
COLB	A	0.07%
STAG	F	0.07%
MKSI	C	0.07%
HR	C	0.07%
WEX	D	0.07%
AZPN	A	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	C	0.07%
WH	B	0.07%
FMC	D	0.07%
AMP	A	0.06%
BYD	C	0.06%
AL	B	0.06%
BFAM	D	0.06%
OZK	B	0.06%
SLM	A	0.06%
CCCS	B	0.06%
SN	D	0.06%
EXAS	D	0.06%
CRUS	D	0.06%
GNRC	B	0.06%
LITE	B	0.06%
RITM	C	0.06%
OLLI	D	0.06%
DOCS	C	0.06%
FOX	A	0.06%
WMS	D	0.06%
SAIA	B	0.06%
ONTO	D	0.06%
THG	A	0.06%
LFUS	F	0.06%
FNB	A	0.06%
GTES	A	0.05%
DLB	B	0.05%
PAYC	B	0.05%
WLK	D	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%
DBX	B	0.05%
KRC	C	0.05%
CUZ	B	0.05%
AGO	B	0.05%
ST	F	0.05%
ROIV	C	0.05%
CROX	D	0.05%
FRPT	B	0.05%
HXL	D	0.05%
WTM	A	0.05%
TKR	D	0.05%
SMG	D	0.04%
AM	A	0.04%
ZG	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%
UHAL	D	0.04%
NVST	B	0.04%
W	F	0.04%
NWS	B	0.04%
TNL	A	0.04%
VNOM	A	0.04%
XRAY	F	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	C	0.04%
MSGS	A	0.04%
PLNT	A	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%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
YETI	C	0.03%
PINC	B	0.03%
ALGM	D	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%
COTY	F	0.03%
CXT	B	0.03%
COLM	B	0.03%
SEE	C	0.03%
VIRT	B	0.03%
ECG	C	0.03%
U	C	0.03%
AMED	F	0.03%
NSA	D	0.03%
PAG	B	0.03%
PK	B	0.03%
IRDM	D	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
BROS	B	0.03%
SPR	D	0.03%
AMTM	D	0.03%
BHF	B	0.03%
LOPE	B	0.03%
VAC	B	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%
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%
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%
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%
CNA	B	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%
UHAL	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 238 Positions Relative to IUS

Symbol	Grade	Weight
AAPL	C	-4.81%
GOOGL	C	-3.66%
BRK.A	B	-2.95%
MSFT	F	-2.68%
XOM	B	-2.41%
META	D	-2.2%
AMZN	C	-2.07%
CVX	A	-1.68%
UNH	C	-1.58%
T	A	-1.36%
WMT	A	-1.3%
VZ	C	-1.14%
CMCSA	B	-1.13%
CVS	D	-1.02%
NVDA	C	-0.97%
GM	B	-0.96%
JNJ	D	-0.9%
HD	A	-0.89%
PG	A	-0.75%
COST	B	-0.74%
V	A	-0.74%
CSCO	B	-0.74%
AVGO	D	-0.73%
TSLA	B	-0.7%
COP	C	-0.68%
MPC	D	-0.65%
RTX	C	-0.65%
BMY	B	-0.64%
CI	F	-0.64%
MCK	B	-0.63%
ABBV	D	-0.63%
PFE	D	-0.61%
DIS	B	-0.57%
IBM	C	-0.54%
F	C	-0.54%
AXP	A	-0.53%
CRM	B	-0.52%
ACN	C	-0.48%
LOW	D	-0.47%
LMT	D	-0.47%
VLO	C	-0.47%
PSX	C	-0.46%
MA	C	-0.45%
COR	B	-0.45%
CAT	B	-0.45%
UPS	C	-0.43%
CB	C	-0.43%
KO	D	-0.43%
INTC	D	-0.42%
LUMN	C	-0.42%
GE	D	-0.41%
PEP	F	-0.41%
BKNG	A	-0.41%
TMUS	B	-0.4%
ELV	F	-0.39%
LIN	D	-0.39%
MRK	F	-0.39%
DE	A	-0.38%
ABT	B	-0.38%
GILD	C	-0.38%
FDX	B	-0.37%
PM	B	-0.37%
FI	A	-0.36%
NFLX	A	-0.35%
EOG	A	-0.35%
ORCL	B	-0.35%
MDT	D	-0.34%
MO	A	-0.34%
PYPL	B	-0.33%
TMO	F	-0.31%
HON	B	-0.31%
PGR	A	-0.3%
MCD	D	-0.29%
QCOM	F	-0.29%
OXY	D	-0.28%
TJX	A	-0.28%
TRV	B	-0.28%
MMM	D	-0.27%
ADBE	C	-0.27%
BX	A	-0.26%
TXN	C	-0.26%
TGT	F	-0.25%
NKE	D	-0.25%
UNP	C	-0.25%
AMGN	D	-0.23%
KHC	F	-0.22%
HCA	F	-0.22%
LLY	F	-0.22%
MDLZ	F	-0.22%
DELL	C	-0.22%
NOC	D	-0.21%
SBUX	A	-0.21%
DHR	F	-0.21%
CSX	B	-0.21%
AMD	F	-0.2%
AMAT	F	-0.2%
GD	F	-0.19%
INTU	C	-0.19%
SLB	C	-0.18%
VST	B	-0.18%
JCI	C	-0.17%
ADP	B	-0.17%
MMC	B	-0.17%
PCAR	B	-0.17%
MU	D	-0.17%
WM	A	-0.16%
MAR	B	-0.16%
NSC	B	-0.16%
AON	A	-0.16%
ETN	A	-0.16%
SYK	C	-0.15%
BDX	F	-0.15%
APD	A	-0.15%
EMR	A	-0.15%
ITW	B	-0.14%
PH	A	-0.14%
REGN	F	-0.14%
TRGP	B	-0.14%
EXPE	B	-0.14%
ISRG	A	-0.13%
ABNB	C	-0.13%
LRCX	F	-0.13%
SHW	A	-0.13%
ORLY	B	-0.13%
NEM	D	-0.13%
PSA	D	-0.13%
AZO	C	-0.13%
UNFI	A	-0.12%
BSX	B	-0.12%
SNEX	B	-0.12%
TT	A	-0.12%
FCX	D	-0.12%
CL	D	-0.12%
KMB	D	-0.11%
CARR	D	-0.11%
VRTX	F	-0.11%
UBER	D	-0.11%
KDP	D	-0.11%
BA	F	-0.11%
FLEX	A	-0.11%
KLAC	D	-0.1%
EQIX	A	-0.1%
STZ	D	-0.1%
NOW	A	-0.1%
APP	B	-0.1%
ZIM	C	-0.09%
ZTS	D	-0.09%
MRVL	B	-0.09%
MELI	D	-0.09%
WKC	D	-0.09%
APH	A	-0.09%
RSG	A	-0.08%
ECL	D	-0.08%
ADSK	A	-0.08%
MSI	B	-0.08%
VRSK	A	-0.08%
CTAS	B	-0.07%
WCN	A	-0.07%
MCO	B	-0.07%
FTNT	C	-0.07%
PANW	C	-0.07%
DASH	A	-0.07%
ROP	B	-0.07%
TX	F	-0.07%
GPI	A	-0.06%
WDAY	B	-0.06%
SATS	D	-0.06%
LVS	C	-0.06%
CPAY	A	-0.06%
TSCO	D	-0.06%
PBF	D	-0.06%
SNPS	B	-0.06%
LPLA	A	-0.06%
MNST	C	-0.05%
TMHC	B	-0.05%
LYV	A	-0.05%
LULU	C	-0.05%
CDNS	B	-0.05%
BFH	B	-0.05%
CMG	B	-0.05%
TDS	B	-0.05%
CPNG	D	-0.05%
GDDY	A	-0.05%
CNX	A	-0.05%
NCLH	B	-0.05%
ODFL	B	-0.05%
MUSA	A	-0.05%
DVA	B	-0.05%
STX	D	-0.04%
GT	C	-0.04%
IT	C	-0.04%
KBH	D	-0.04%
EL	F	-0.04%
HTZ	C	-0.04%
FLR	B	-0.04%
CEG	D	-0.04%
ABG	B	-0.04%
CLX	B	-0.04%
BURL	A	-0.04%
CMC	B	-0.04%
ANET	C	-0.04%
TDG	D	-0.04%
BTU	B	-0.04%
EW	C	-0.04%
BECN	B	-0.04%
DK	C	-0.03%
SIG	B	-0.03%
TNET	D	-0.03%
VVV	F	-0.03%
ARCH	B	-0.03%
MTH	D	-0.03%
POOL	C	-0.03%
BCC	B	-0.03%
NU	C	-0.03%
SM	B	-0.03%
SNOW	C	-0.03%
OGS	A	-0.03%
DECK	A	-0.03%
BAH	F	-0.03%
ALV	C	-0.03%
MUR	D	-0.03%
CPRT	A	-0.03%
UFPI	B	-0.03%
TGNA	B	-0.03%
ANDE	D	-0.03%
DAN	D	-0.02%
ODP	F	-0.02%
DXCM	D	-0.02%
XRX	F	-0.02%
MRNA	F	-0.02%
PINS	D	-0.02%
NSIT	F	-0.02%
ASO	F	-0.02%
CVI	F	-0.02%
AMR	C	-0.02%
HP	B	-0.02%
ADNT	F	-0.02%
ATKR	C	-0.01%