IYY vs. NZAC ETF Comparison

Comparison of iShares Dow Jones U.S. ETF (IYY) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

IYY

iShares Dow Jones U.S. ETF

IYY Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities. 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 Dow Jones U.S. Index (the "underlying index"), which measures the performance of the broad U.S. equity market. The underlying index is comprised of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.

Grade (RS Rating)

Last Trade

$146.09

Average Daily Volume

38,432

Number of Holdings ^*

1023

* may have additional holdings in another (foreign) market

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$37.32

Average Daily Volume

6,937

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	IYY	NZAC
30 Days	3.85%	0.97%
60 Days	5.33%	0.81%
90 Days	7.03%	2.64%
12 Months	33.35%	25.98%

340 Overlapping Holdings

	Symbol	Grade	Weight in IYY	Weight in NZAC	Overlap
	A	D	0.07%	0.06%	0.06%
	AAPL	C	6.25%	4.47%	4.47%
	ABBV	D	0.53%	0.34%	0.34%
	ABBV	D	0.53%	0.6%	0.53%
	ABNB	C	0.11%	0.05%	0.05%
	ABT	B	0.37%	0.19%	0.19%
	ACGL	D	0.07%	0.12%	0.07%
	ACM	A	0.03%	0.36%	0.03%
	ACN	C	0.4%	0.39%	0.39%
	ADBE	C	0.41%	0.35%	0.35%
	ADI	D	0.19%	0.46%	0.19%
	ADP	B	0.22%	0.2%	0.2%
	ADSK	A	0.12%	0.09%	0.09%
	AFG	A	0.02%	0.07%	0.02%
	AFL	B	0.1%	0.28%	0.1%
	AIG	B	0.09%	0.14%	0.09%
	AIZ	A	0.02%	0.09%	0.02%
	AJG	B	0.12%	0.07%	0.07%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.09%	0.14%	0.09%
	ALLE	D	0.02%	0.09%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	ALNY	D	0.06%	0.03%	0.03%
	AMAT	F	0.26%	0.12%	0.12%
	AMD	F	0.4%	0.27%	0.27%
	AME	A	0.08%	0.16%	0.08%
	AMGN	D	0.28%	0.21%	0.21%
	AMP	A	0.1%	0.16%	0.1%
	AMT	D	0.17%	0.11%	0.11%
	AMZN	C	3.46%	2.38%	2.38%
	ANET	C	0.18%	0.06%	0.06%
	ANSS	B	0.05%	0.02%	0.02%
	AON	A	0.15%	0.11%	0.11%
	APH	A	0.15%	0.11%	0.11%
	APO	B	0.13%	0.17%	0.13%
	AVB	B	0.06%	0.12%	0.06%
	AVGO	D	1.4%	1.1%	1.1%
	AVTR	F	0.03%	0.03%	0.03%
	AXON	A	0.08%	0.06%	0.06%
	AXP	A	0.29%	0.36%	0.29%
	AZO	C	0.1%	0.1%	0.1%
	BAC	A	0.58%	0.44%	0.44%
	BAH	F	0.04%	0.03%	0.03%
	BAX	D	0.03%	0.02%	0.02%
	BBWI	D	0.01%	0.01%	0.01%
	BDX	F	0.12%	0.11%	0.11%
	BIIB	F	0.04%	0.03%	0.03%
	BIO	D	0.01%	0.01%	0.01%
	BK	A	0.11%	0.13%	0.11%
	BKNG	A	0.3%	0.24%	0.24%
	BLK	C	0.27%	0.27%	0.27%
	BMRN	D	0.02%	0.02%	0.02%
	BMY	B	0.21%	0.24%	0.21%
	BR	A	0.05%	0.08%	0.05%
	BRK.A	B	1.57%	0.39%	0.39%
	BRO	B	0.05%	0.05%	0.05%
	BSX	B	0.23%	0.31%	0.23%
	BURL	A	0.03%	0.03%	0.03%
	BX	A	0.24%	0.19%	0.19%
	BXP	D	0.02%	0.07%	0.02%
	C	A	0.24%	0.01%	0.01%
	CARR	D	0.11%	0.03%	0.03%
	CB	C	0.2%	0.24%	0.2%
	CBOE	B	0.04%	0.03%	0.03%
	CBRE	B	0.07%	0.18%	0.07%
	CCI	D	0.08%	0.07%	0.07%
	CDW	F	0.04%	0.13%	0.04%
	CEG	D	0.13%	0.04%	0.04%
	CG	A	0.02%	0.02%	0.02%
	CHD	B	0.05%	0.1%	0.05%
	CHTR	C	0.07%	0.07%	0.07%
	CINF	A	0.04%	0.07%	0.04%
	CLX	B	0.04%	0.01%	0.01%
	CMCSA	B	0.3%	0.25%	0.25%
	CME	A	0.15%	0.12%	0.12%
	CMG	B	0.15%	0.07%	0.07%
	COF	B	0.13%	0.14%	0.13%
	COIN	C	0.11%	0.04%	0.04%
	CPAY	A	0.05%	0.05%	0.05%
	CPRT	A	0.09%	0.04%	0.04%
	CRM	B	0.58%	0.42%	0.42%
	CRWD	B	0.14%	0.02%	0.02%
	CSCO	B	0.42%	0.4%	0.4%
	CSGP	D	0.05%	0.02%	0.02%
	CSX	B	0.12%	0.09%	0.09%
	CTAS	B	0.13%	0.04%	0.04%
	CTLT	B	0.02%	0.02%	0.02%
	CTSH	B	0.07%	0.08%	0.07%
	DASH	A	0.1%	0.02%	0.02%
	DE	A	0.19%	0.14%	0.14%
	DFS	B	0.08%	0.09%	0.08%
	DGX	A	0.03%	0.02%	0.02%
	DHI	D	0.09%	0.06%	0.06%
	DHR	F	0.27%	0.19%	0.19%
	DIS	B	0.38%	0.29%	0.29%
	DLR	B	0.1%	0.39%	0.1%
	DLTR	F	0.02%	0.02%	0.02%
	DOC	D	0.03%	0.01%	0.01%
	DOCU	A	0.03%	0.01%	0.01%
	DXCM	D	0.06%	0.04%	0.04%
	EA	A	0.07%	0.01%	0.01%
	EBAY	D	0.06%	0.14%	0.06%
	ECL	D	0.11%	0.06%	0.06%
	EFX	F	0.06%	0.03%	0.03%
	EG	C	0.03%	0.03%	0.03%
	EIX	B	0.06%	0.81%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.17%	0.17%	0.17%
	ENPH	F	0.01%	0.05%	0.01%
	EPAM	C	0.02%	0.01%	0.01%
	EQH	B	0.03%	0.1%	0.03%
	EQIX	A	0.16%	0.33%	0.16%
	EQR	B	0.05%	0.07%	0.05%
	ERIE	D	0.02%	0.03%	0.02%
	ESS	B	0.04%	0.1%	0.04%
	ETN	A	0.26%	0.28%	0.26%
	EW	C	0.07%	0.11%	0.07%
	EXAS	D	0.02%	0.01%	0.01%
	EXR	D	0.06%	0.04%	0.04%
	FAST	B	0.09%	0.17%	0.09%
	FDS	B	0.03%	0.01%	0.01%
	FFIV	B	0.03%	0.18%	0.03%
	FI	A	0.22%	0.18%	0.18%
	FIS	C	0.09%	0.07%	0.07%
	FOX	A	0.01%	0.03%	0.01%
	FOXA	B	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.16%	0.04%
	FTNT	C	0.11%	0.09%	0.09%
	FTV	C	0.05%	0.09%	0.05%
	GDDY	A	0.05%	0.03%	0.03%
	GILD	C	0.2%	0.06%	0.06%
	GIS	D	0.06%	0.08%	0.06%
	GLW	B	0.07%	0.19%	0.07%
	GOOG	C	1.53%	1.45%	1.45%
	GOOGL	C	1.85%	1.03%	1.03%
	GPN	B	0.05%	0.05%	0.05%
	GRMN	B	0.06%	0.08%	0.06%
	GS	A	0.34%	0.06%	0.06%
	GWW	B	0.1%	0.21%	0.1%
	HBAN	A	0.05%	0.02%	0.02%
	HD	A	0.74%	0.58%	0.58%
	HEI	B	0.02%	0.02%	0.02%
	HEI	B	0.03%	0.02%	0.02%
	HIG	B	0.06%	0.12%	0.06%
	HLT	A	0.11%	0.02%	0.02%
	HOLX	D	0.03%	0.05%	0.03%
	HPE	B	0.05%	0.16%	0.05%
	HSIC	B	0.02%	0.05%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUM	C	0.06%	0.06%	0.06%
	IBM	C	0.34%	0.6%	0.34%
	ICE	C	0.16%	0.13%	0.13%
	IDXX	F	0.06%	0.06%	0.06%
	IEX	B	0.03%	0.04%	0.03%
	ILMN	D	0.04%	0.04%	0.04%
	INCY	C	0.02%	0.01%	0.01%
	INTC	D	0.19%	0.18%	0.18%
	INTU	C	0.35%	0.31%	0.31%
	IPG	D	0.02%	0.01%	0.01%
	IQV	D	0.06%	0.1%	0.06%
	IRM	D	0.06%	0.06%	0.06%
	ISRG	A	0.34%	0.31%	0.31%
	IT	C	0.07%	0.03%	0.03%
	ITW	B	0.13%	0.33%	0.13%
	JKHY	D	0.02%	0.01%	0.01%
	JNJ	D	0.68%	0.62%	0.62%
	JNPR	F	0.02%	0.13%	0.02%
	JPM	A	1.28%	1.09%	1.09%
	KDP	D	0.07%	0.08%	0.07%
	KEYS	A	0.05%	0.06%	0.05%
	KKR	A	0.19%	0.13%	0.13%
	KLAC	D	0.15%	0.15%	0.15%
	KVUE	A	0.08%	0.01%	0.01%
	LEN	D	0.07%	0.06%	0.06%
	LEN	D	0.0%	0.06%	0.0%
	LH	C	0.04%	0.02%	0.02%
	LIN	D	0.39%	0.07%	0.07%
	LKQ	D	0.02%	0.03%	0.02%
	LLY	F	1.08%	0.94%	0.94%
	LOW	D	0.28%	0.25%	0.25%
	LRCX	F	0.17%	0.1%	0.1%
	LULU	C	0.07%	0.08%	0.07%
	LYV	A	0.04%	0.05%	0.04%
	MA	C	0.79%	0.65%	0.65%
	MAR	B	0.12%	0.02%	0.02%
	MAS	D	0.03%	0.01%	0.01%
	MCD	D	0.38%	0.36%	0.36%
	MCO	B	0.14%	0.22%	0.14%
	MDT	D	0.21%	0.23%	0.21%
	MET	A	0.09%	0.21%	0.09%
	META	D	2.21%	1.62%	1.62%
	MKC	D	0.03%	0.01%	0.01%
	MKL	A	0.04%	0.07%	0.04%
	MKTX	D	0.02%	0.01%	0.01%
	MMC	B	0.2%	0.2%	0.2%
	MMM	D	0.13%	0.02%	0.02%
	MNST	C	0.07%	0.03%	0.03%
	MOH	F	0.03%	0.02%	0.02%
	MRK	F	0.45%	0.47%	0.45%
	MRNA	F	0.02%	0.01%	0.01%
	MRVL	B	0.14%	0.12%	0.12%
	MS	A	0.31%	0.26%	0.26%
	MSFT	F	5.64%	4.03%	4.03%
	MSI	B	0.15%	0.27%	0.15%
	MSTR	C	0.11%	0.02%	0.02%
	MTB	A	0.07%	0.1%	0.07%
	MTCH	D	0.01%	0.01%	0.01%
	MTD	D	0.05%	0.06%	0.05%
	MU	D	0.19%	0.09%	0.09%
	NBIX	C	0.02%	0.01%	0.01%
	NDAQ	A	0.06%	0.04%	0.04%
	NEM	D	0.09%	0.08%	0.08%
	NFLX	A	0.65%	0.49%	0.49%
	NKE	D	0.17%	0.11%	0.11%
	NOW	A	0.38%	0.39%	0.38%
	NSC	B	0.11%	0.04%	0.04%
	NTAP	C	0.04%	0.06%	0.04%
	NTRS	A	0.04%	0.05%	0.04%
	NVDA	C	6.38%	4.67%	4.67%
	NVR	D	0.05%	0.03%	0.03%
	NXPI	D	0.1%	0.01%	0.01%
	O	D	0.09%	0.07%	0.07%
	ODFL	B	0.07%	0.02%	0.02%
	OMC	C	0.03%	0.03%	0.03%
	ORCL	B	0.54%	0.59%	0.54%
	ORLY	B	0.13%	0.18%	0.13%
	PANW	C	0.23%	0.14%	0.14%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	C	0.08%	0.08%	0.08%
	PCAR	B	0.11%	0.06%	0.06%
	PFE	D	0.26%	0.19%	0.19%
	PGR	A	0.27%	0.22%	0.22%
	PH	A	0.16%	0.25%	0.16%
	PHM	D	0.05%	0.04%	0.04%
	PINS	D	0.03%	0.01%	0.01%
	PLD	D	0.19%	0.21%	0.19%
	PLTR	B	0.24%	0.07%	0.07%
	PNC	B	0.15%	0.19%	0.15%
	PNR	A	0.03%	0.23%	0.03%
	PODD	C	0.03%	0.02%	0.02%
	POOL	C	0.02%	0.02%	0.02%
	PPG	F	0.05%	0.11%	0.05%
	PRU	A	0.08%	0.15%	0.08%
	PSA	D	0.1%	0.11%	0.1%
	PWR	A	0.09%	0.24%	0.09%
	PYPL	B	0.16%	0.13%	0.13%
	QCOM	F	0.33%	0.26%	0.26%
	REG	B	0.02%	0.08%	0.02%
	REGN	F	0.15%	0.1%	0.1%
	RF	A	0.04%	0.07%	0.04%
	RIVN	F	0.01%	0.01%	0.01%
	RJF	A	0.05%	0.04%	0.04%
	RMD	C	0.06%	0.07%	0.06%
	ROK	B	0.06%	0.08%	0.06%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.11%	0.02%	0.02%
	ROST	C	0.09%	0.09%	0.09%
	RPRX	D	0.02%	0.02%	0.02%
	RS	B	0.03%	0.08%	0.03%
	RVTY	F	0.02%	0.07%	0.02%
	SBAC	D	0.04%	0.03%	0.03%
	SBUX	A	0.2%	0.15%	0.15%
	SCHW	B	0.22%	0.19%	0.19%
	SEIC	B	0.01%	0.02%	0.01%
	SHW	A	0.16%	0.56%	0.16%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.03%	0.02%	0.02%
	SNAP	C	0.02%	0.01%	0.01%
	SNOW	C	0.08%	0.02%	0.02%
	SPG	B	0.1%	0.15%	0.1%
	SPGI	C	0.29%	0.38%	0.29%
	SQ	B	0.09%	0.01%	0.01%
	SQ	B	0.09%	0.02%	0.02%
	STE	F	0.04%	0.03%	0.03%
	STLD	B	0.04%	0.01%	0.01%
	STT	A	0.05%	0.02%	0.02%
	STZ	D	0.07%	0.03%	0.03%
	SUI	D	0.03%	0.01%	0.01%
	SWKS	F	0.02%	0.01%	0.01%
	SYF	B	0.05%	0.09%	0.05%
	SYK	C	0.24%	0.25%	0.24%
	T	A	0.3%	0.18%	0.18%
	TDG	D	0.13%	0.13%	0.13%
	TDY	B	0.04%	0.1%	0.04%
	TECH	D	0.02%	0.01%	0.01%
	TER	D	0.03%	0.03%	0.03%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.13%	0.02%	0.02%
	TJX	A	0.25%	0.36%	0.25%
	TMO	F	0.36%	0.32%	0.32%
	TMUS	B	0.21%	0.13%	0.13%
	TRMB	B	0.03%	0.07%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.03%	0.01%	0.01%
	TRV	B	0.11%	0.15%	0.11%
	TSLA	B	1.63%	1.32%	1.32%
	TT	A	0.17%	0.02%	0.02%
	TTD	B	0.1%	0.05%	0.05%
	TW	A	0.03%	0.02%	0.02%
	TXN	C	0.34%	0.27%	0.27%
	UBER	D	0.28%	0.17%	0.17%
	UHAL	D	0.0%	0.04%	0.0%
	UHAL	D	0.01%	0.04%	0.01%
	ULTA	F	0.03%	0.05%	0.03%
	UNH	C	1.0%	0.77%	0.77%
	UNP	C	0.26%	0.21%	0.21%
	UPS	C	0.18%	0.07%	0.07%
	URI	B	0.1%	0.05%	0.05%
	USB	A	0.14%	0.12%	0.12%
	V	A	0.95%	0.75%	0.75%
	VEEV	C	0.06%	0.03%	0.03%
	VICI	C	0.06%	0.03%	0.03%
	VLTO	D	0.05%	0.03%	0.03%
	VMC	B	0.07%	0.02%	0.02%
	VRSK	A	0.07%	0.05%	0.05%
	VRSN	F	0.03%	0.01%	0.01%
	VRT	B	0.08%	0.02%	0.02%
	VRTX	F	0.22%	0.14%	0.14%
	VTR	C	0.05%	0.06%	0.05%
	VZ	C	0.32%	0.21%	0.21%
	WAB	B	0.06%	0.08%	0.06%
	WAT	B	0.04%	0.02%	0.02%
	WDAY	B	0.1%	0.03%	0.03%
	WELL	A	0.14%	0.15%	0.14%
	WFC	A	0.46%	0.25%	0.25%
	WM	A	0.15%	0.1%	0.1%
	WMT	A	0.67%	0.35%	0.35%
	WPC	D	0.02%	0.01%	0.01%
	WRB	A	0.03%	0.07%	0.03%
	WST	C	0.04%	0.02%	0.02%
	WTW	B	0.06%	0.07%	0.06%
	WYNN	D	0.02%	0.01%	0.01%
	XYL	D	0.05%	0.36%	0.05%
	YUM	B	0.07%	0.07%	0.07%
	Z	A	0.02%	0.02%	0.02%
	ZBH	C	0.04%	0.05%	0.04%
	ZBRA	B	0.04%	0.02%	0.02%
	ZM	B	0.04%	0.02%	0.02%
	ZTS	D	0.15%	0.16%	0.15%

IYY Overweight 685 Positions Relative to NZAC

	Symbol	Grade	Weight
	XOM	B	0.97%
	COST	B	0.74%
	PG	A	0.73%
	CVX	A	0.5%
	KO	D	0.44%
	PEP	F	0.4%
	PM	B	0.36%
	GE	D	0.35%
	CAT	B	0.34%
	NEE	D	0.29%
	RTX	C	0.29%
	HON	B	0.27%
	COP	C	0.24%
	LMT	D	0.21%
	BA	F	0.19%
	SO	D	0.18%
	GEV	B	0.17%
	MO	A	0.17%
	MDLZ	F	0.16%
	DUK	C	0.16%
	CI	F	0.16%
	SNPS	B	0.15%
	GD	F	0.14%
	CL	D	0.14%
	EOG	A	0.14%
	MCK	B	0.14%
	CDNS	B	0.14%
	WMB	A	0.13%
	APD	A	0.13%
	EMR	A	0.13%
	HCA	F	0.12%
	OKE	A	0.12%
	GM	B	0.12%
	FDX	B	0.12%
	CRH	A	0.12%
	CVS	D	0.12%
	NOC	D	0.12%
	SRE	A	0.11%
	FCX	D	0.11%
	SLB	C	0.11%
	TFC	A	0.11%
	APP	B	0.11%
	MPC	D	0.1%
	KMI	A	0.1%
	RCL	A	0.1%
	PSX	C	0.1%
	FICO	B	0.1%
	JCI	C	0.1%
	FLUT	A	0.09%
	MSCI	C	0.09%
	LHX	C	0.09%
	LNG	B	0.09%
	D	C	0.09%
	VST	B	0.09%
	CMI	A	0.09%
	AEP	D	0.09%
	IR	B	0.08%
	COR	B	0.08%
	RSG	A	0.08%
	BKR	B	0.08%
	F	C	0.08%
	TRGP	B	0.08%
	PEG	A	0.08%
	KMB	D	0.08%
	VLO	C	0.08%
	PCG	A	0.08%
	TEL	B	0.08%
	HWM	A	0.08%
	MLM	B	0.07%
	HPQ	B	0.07%
	SYY	B	0.07%
	GEHC	F	0.07%
	DELL	C	0.07%
	CTVA	C	0.07%
	XEL	A	0.07%
	KR	B	0.07%
	TEAM	A	0.07%
	DDOG	A	0.07%
	EXC	C	0.07%
	OTIS	C	0.07%
	HES	B	0.07%
	FERG	B	0.07%
	DAL	C	0.07%
	CNC	D	0.06%
	DOW	F	0.06%
	WEC	A	0.06%
	ARES	A	0.06%
	ETR	B	0.06%
	FITB	A	0.06%
	FANG	D	0.06%
	OXY	D	0.06%
	ED	D	0.06%
	MCHP	D	0.06%
	DD	D	0.06%
	HUBS	A	0.06%
	NUE	C	0.06%
	DTE	C	0.05%
	PPL	B	0.05%
	EQT	B	0.05%
	TYL	B	0.05%
	SW	A	0.05%
	ADM	D	0.05%
	TPL	A	0.05%
	FCNCA	A	0.05%
	HAL	C	0.05%
	AWK	D	0.05%
	DECK	A	0.05%
	RBLX	C	0.05%
	NET	B	0.05%
	CVNA	B	0.05%
	ON	D	0.05%
	KHC	F	0.05%
	DOV	A	0.05%
	MPWR	F	0.05%
	CAH	B	0.05%
	TTWO	A	0.05%
	UAL	A	0.05%
	TSCO	D	0.05%
	IBKR	A	0.04%
	NRG	B	0.04%
	LII	A	0.04%
	DKNG	B	0.04%
	INVH	D	0.04%
	LUV	C	0.04%
	COO	D	0.04%
	IP	B	0.04%
	EXE	B	0.04%
	DRI	B	0.04%
	CNP	B	0.04%
	CMS	C	0.04%
	STX	D	0.04%
	WBD	C	0.04%
	MDB	C	0.04%
	BLDR	D	0.04%
	CSL	C	0.04%
	WDC	D	0.04%
	PKG	A	0.04%
	CFG	B	0.04%
	LYB	F	0.04%
	FE	C	0.04%
	K	A	0.04%
	LDOS	C	0.04%
	ES	D	0.04%
	IFF	D	0.04%
	WY	D	0.04%
	EXPE	B	0.04%
	ATO	A	0.04%
	HOOD	B	0.04%
	PTC	A	0.04%
	EME	C	0.04%
	LPLA	A	0.04%
	HUBB	B	0.04%
	DVN	F	0.04%
	CCL	B	0.04%
	AEE	A	0.04%
	NDSN	B	0.03%
	CW	B	0.03%
	APTV	D	0.03%
	SAIA	B	0.03%
	JBHT	C	0.03%
	SFM	A	0.03%
	SOFI	A	0.03%
	EVRG	A	0.03%
	JBL	B	0.03%
	COHR	B	0.03%
	EWBC	A	0.03%
	AMCR	D	0.03%
	ENTG	D	0.03%
	FLEX	A	0.03%
	PSTG	D	0.03%
	THC	D	0.03%
	FNF	B	0.03%
	CASY	A	0.03%
	RGA	A	0.03%
	DPZ	C	0.03%
	GGG	B	0.03%
	VTRS	A	0.03%
	L	A	0.03%
	TOL	B	0.03%
	TWLO	A	0.03%
	DT	C	0.03%
	GWRE	A	0.03%
	LNT	A	0.03%
	USFD	A	0.03%
	FIX	A	0.03%
	GEN	B	0.03%
	SSNC	B	0.03%
	TXT	D	0.03%
	CF	B	0.03%
	MRO	B	0.03%
	AVY	D	0.03%
	FTAI	B	0.03%
	UTHR	C	0.03%
	NI	A	0.03%
	KIM	A	0.03%
	ARE	D	0.03%
	MANH	D	0.03%
	TOST	B	0.03%
	WSM	B	0.03%
	OC	A	0.03%
	DG	F	0.03%
	EXPD	D	0.03%
	LVS	C	0.03%
	GPC	D	0.03%
	XPO	B	0.03%
	NTNX	A	0.03%
	J	F	0.03%
	RPM	A	0.03%
	KEY	B	0.03%
	FWONK	B	0.03%
	BBY	D	0.03%
	NTRA	B	0.03%
	WSO	A	0.03%
	TSN	B	0.03%
	PFG	D	0.03%
	BALL	D	0.03%
	MAA	B	0.03%
	CTRA	B	0.03%
	ZS	C	0.03%
	ITCI	C	0.02%
	RRC	B	0.02%
	CNM	D	0.02%
	BILL	A	0.02%
	CR	A	0.02%
	LNW	D	0.02%
	VOYA	B	0.02%
	PLNT	A	0.02%
	EGP	F	0.02%
	HRL	D	0.02%
	FRT	B	0.02%
	CMA	A	0.02%
	APG	B	0.02%
	FN	D	0.02%
	CHE	D	0.02%
	TTC	D	0.02%
	OGE	B	0.02%
	HRB	D	0.02%
	AOS	F	0.02%
	PCTY	B	0.02%
	BRX	A	0.02%
	NYT	C	0.02%
	GPK	C	0.02%
	MGM	D	0.02%
	CBSH	A	0.02%
	WTFC	A	0.02%
	HQY	B	0.02%
	CPB	D	0.02%
	ZION	B	0.02%
	CFR	B	0.02%
	FLR	B	0.02%
	MORN	B	0.02%
	ORI	A	0.02%
	AXTA	A	0.02%
	SNX	C	0.02%
	AR	B	0.02%
	ROKU	D	0.02%
	KNX	B	0.02%
	WCC	B	0.02%
	FBIN	D	0.02%
	WMS	D	0.02%
	DCI	B	0.02%
	RGLD	C	0.02%
	RBC	A	0.02%
	REXR	F	0.02%
	WING	D	0.02%
	TPX	B	0.02%
	PEN	B	0.02%
	SOLV	C	0.02%
	PR	B	0.02%
	GMED	A	0.02%
	INGR	B	0.02%
	CIEN	B	0.02%
	AAL	B	0.02%
	CNH	C	0.02%
	PNFP	B	0.02%
	WTRG	B	0.02%
	CRL	C	0.02%
	DOX	D	0.02%
	AYI	B	0.02%
	DTM	B	0.02%
	NLY	C	0.02%
	PCVX	D	0.02%
	WAL	B	0.02%
	MUSA	A	0.02%
	HLI	B	0.02%
	EXEL	B	0.02%
	ARMK	B	0.02%
	WWD	B	0.02%
	EHC	B	0.02%
	AES	F	0.02%
	GL	B	0.02%
	LBRDK	C	0.02%
	MLI	C	0.02%
	EXP	A	0.02%
	RDDT	B	0.02%
	LAD	A	0.02%
	SRPT	D	0.02%
	IOT	A	0.02%
	CHDN	B	0.02%
	KNSL	B	0.02%
	PNW	B	0.02%
	CACI	D	0.02%
	GME	C	0.02%
	OHI	C	0.02%
	BLD	D	0.02%
	PRI	A	0.02%
	ALSN	B	0.02%
	AIT	A	0.02%
	WBS	A	0.02%
	EVR	B	0.02%
	UNM	A	0.02%
	CCK	C	0.02%
	FHN	A	0.02%
	GNRC	B	0.02%
	LW	C	0.02%
	CUBE	D	0.02%
	TAP	C	0.02%
	LAMR	D	0.02%
	NWSA	B	0.02%
	TTEK	F	0.02%
	FND	C	0.02%
	ATR	B	0.02%
	NCLH	B	0.02%
	SJM	D	0.02%
	INSM	C	0.02%
	SF	B	0.02%
	CAVA	B	0.02%
	RRX	B	0.02%
	AA	B	0.02%
	DUOL	A	0.02%
	DKS	C	0.02%
	OVV	B	0.02%
	OWL	A	0.02%
	DAY	B	0.02%
	BWXT	B	0.02%
	AMH	D	0.02%
	BJ	A	0.02%
	EMN	D	0.02%
	OKTA	C	0.02%
	LECO	B	0.02%
	JEF	A	0.02%
	UHS	D	0.02%
	FTI	A	0.02%
	NVT	B	0.02%
	HST	C	0.02%
	ITT	A	0.02%
	JLL	D	0.02%
	KMX	B	0.02%
	SCI	B	0.02%
	CLH	B	0.02%
	BG	F	0.02%
	CPT	B	0.02%
	CAG	D	0.02%
	PFGC	B	0.02%
	CHRW	C	0.02%
	TXRH	C	0.02%
	SWK	D	0.02%
	ELS	C	0.02%
	AKAM	D	0.02%
	UDR	B	0.02%
	GLPI	C	0.02%
	AFRM	B	0.02%
	TPR	B	0.02%
	RNR	C	0.02%
	CACC	D	0.01%
	VIRT	B	0.01%
	COTY	F	0.01%
	APLS	D	0.01%
	CC	C	0.01%
	PCH	D	0.01%
	ECG	C	0.01%
	COLM	B	0.01%
	TNET	D	0.01%
	ULS	B	0.01%
	LLYVK	A	0.01%
	ALGM	D	0.01%
	SMG	D	0.01%
	WEN	D	0.01%
	WU	D	0.01%
	MAN	D	0.01%
	AMKR	D	0.01%
	HUN	F	0.01%
	CHH	A	0.01%
	ZI	D	0.01%
	AMTM	D	0.01%
	PAG	B	0.01%
	DNLI	D	0.01%
	SLAB	D	0.01%
	RIG	D	0.01%
	BLKB	B	0.01%
	IAC	D	0.01%
	YETI	C	0.01%
	POWI	D	0.01%
	GFS	C	0.01%
	W	F	0.01%
	ALIT	C	0.01%
	IRDM	D	0.01%
	ACHC	F	0.01%
	ASH	D	0.01%
	PII	D	0.01%
	PRGO	B	0.01%
	XRAY	F	0.01%
	LINE	F	0.01%
	LANC	C	0.01%
	NWS	B	0.01%
	NCNO	B	0.01%
	ALE	A	0.01%
	MDU	D	0.01%
	DNB	B	0.01%
	DXC	B	0.01%
	MSGS	A	0.01%
	CELH	F	0.01%
	OGN	D	0.01%
	MSM	C	0.01%
	NWL	B	0.01%
	GH	B	0.01%
	HOG	D	0.01%
	ENS	D	0.01%
	NEU	C	0.01%
	OPCH	D	0.01%
	SR	A	0.01%
	ZG	A	0.01%
	WLK	D	0.01%
	TXNM	A	0.01%
	CRSP	D	0.01%
	FLO	D	0.01%
	RARE	D	0.01%
	RYN	D	0.01%
	ASGN	F	0.01%
	KRC	C	0.01%
	FCFS	F	0.01%
	PEGA	A	0.01%
	BKH	A	0.01%
	ESGR	B	0.01%
	GTES	A	0.01%
	DLB	B	0.01%
	CHWY	B	0.01%
	SBRA	C	0.01%
	OGS	A	0.01%
	SLGN	A	0.01%
	AVT	C	0.01%
	AN	C	0.01%
	HAE	C	0.01%
	CUZ	B	0.01%
	WMG	C	0.01%
	GAP	C	0.01%
	PSN	D	0.01%
	SWX	B	0.01%
	LOPE	B	0.01%
	NE	C	0.01%
	KMPR	B	0.01%
	ALKS	B	0.01%
	WTM	A	0.01%
	NJR	A	0.01%
	WK	B	0.01%
	CIVI	D	0.01%
	EEFT	B	0.01%
	VLY	B	0.01%
	MUR	D	0.01%
	ST	F	0.01%
	FIVE	F	0.01%
	OLN	D	0.01%
	SEE	C	0.01%
	NXST	C	0.01%
	RH	B	0.01%
	SON	D	0.01%
	ROIV	C	0.01%
	HCP	B	0.01%
	CCCS	B	0.01%
	POR	C	0.01%
	MMS	F	0.01%
	TKR	D	0.01%
	APPF	B	0.01%
	U	C	0.01%
	AL	B	0.01%
	HXL	D	0.01%
	INSP	D	0.01%
	UGI	A	0.01%
	BYD	C	0.01%
	OZK	B	0.01%
	CLF	F	0.01%
	FFIN	B	0.01%
	POST	C	0.01%
	UMBF	B	0.01%
	NXT	C	0.01%
	BROS	B	0.01%
	CRUS	D	0.01%
	BC	C	0.01%
	LNC	B	0.01%
	VVV	F	0.01%
	RITM	C	0.01%
	SLM	A	0.01%
	EDR	A	0.01%
	RDN	C	0.01%
	PATH	C	0.01%
	AMG	B	0.01%
	IONS	F	0.01%
	RMBS	C	0.01%
	LEA	D	0.01%
	BPMC	C	0.01%
	ZWS	B	0.01%
	PVH	C	0.01%
	LITE	B	0.01%
	HALO	F	0.01%
	TPG	A	0.01%
	BRKR	D	0.01%
	OLLI	D	0.01%
	SIRI	C	0.01%
	UBSI	B	0.01%
	VNT	B	0.01%
	HOMB	A	0.01%
	NFG	A	0.01%
	CROX	D	0.01%
	COLD	D	0.01%
	JHG	A	0.01%
	VRNS	D	0.01%
	FNB	A	0.01%
	LFUS	F	0.01%
	THG	A	0.01%
	SIGI	C	0.01%
	ETSY	D	0.01%
	AGCO	D	0.01%
	THO	B	0.01%
	DOCS	C	0.01%
	WFRD	D	0.01%
	CHX	C	0.01%
	BFAM	D	0.01%
	WBA	F	0.01%
	WHR	B	0.01%
	NOV	C	0.01%
	SAIC	F	0.01%
	ESNT	D	0.01%
	LAZ	B	0.01%
	STWD	C	0.01%
	ARW	D	0.01%
	GBCI	B	0.01%
	QRVO	F	0.01%
	SITE	D	0.01%
	DBX	B	0.01%
	IDA	A	0.01%
	ESI	A	0.01%
	VNO	B	0.01%
	LSTR	D	0.01%
	PARA	C	0.01%
	MTG	C	0.01%
	RGEN	D	0.01%
	SPSC	C	0.01%
	MAT	D	0.01%
	LYFT	C	0.01%
	FAF	A	0.01%
	HR	C	0.01%
	AZPN	A	0.01%
	BEN	C	0.01%
	FOUR	B	0.01%
	VFC	C	0.01%
	WSC	D	0.01%
	STAG	F	0.01%
	SN	D	0.01%
	CFLT	B	0.01%
	DINO	D	0.01%
	ALK	C	0.01%
	MTN	C	0.01%
	LSCC	D	0.01%
	OMF	A	0.01%
	DAR	C	0.01%
	H	B	0.01%
	CGNX	C	0.01%
	CMC	B	0.01%
	ELF	C	0.01%
	GTLS	B	0.01%
	GXO	B	0.01%
	FMC	D	0.01%
	MSA	D	0.01%
	CART	C	0.01%
	MTDR	B	0.01%
	AXS	A	0.01%
	GNTX	C	0.01%
	AWI	A	0.01%
	G	B	0.01%
	FR	C	0.01%
	ATI	D	0.01%
	ESTC	C	0.01%
	FCN	D	0.01%
	OLED	D	0.01%
	GTLB	B	0.01%
	MASI	A	0.01%
	VMI	B	0.01%
	RYAN	B	0.01%
	RLI	B	0.01%
	ELAN	D	0.01%
	COKE	C	0.01%
	LPX	B	0.01%
	BSY	D	0.01%
	MIDD	C	0.01%
	MKSI	C	0.01%
	ALV	C	0.01%
	BPOP	B	0.01%
	OSK	B	0.01%
	PCOR	B	0.01%
	WEX	D	0.01%
	DVA	B	0.01%
	SMAR	A	0.01%
	S	B	0.01%
	AGNC	D	0.01%
	JAZZ	B	0.01%
	NNN	D	0.01%
	ACI	C	0.01%
	TREX	C	0.01%
	MHK	D	0.01%
	RHI	B	0.01%
	WH	B	0.01%
	ADC	B	0.01%
	KEX	C	0.01%
	FYBR	D	0.01%
	SSD	D	0.01%
	PB	A	0.01%
	HII	D	0.01%
	HLNE	B	0.01%
	BERY	B	0.01%
	ONTO	D	0.01%
	FLS	B	0.01%
	UFPI	B	0.01%
	CHRD	D	0.01%
	MEDP	D	0.01%
	X	C	0.01%
	TKO	B	0.01%
	SSB	B	0.01%
	IVZ	B	0.01%
	RL	B	0.01%
	CZR	F	0.01%
	BWA	D	0.01%
	MTZ	B	0.01%
	KBR	F	0.01%
	CE	F	0.01%
	APA	D	0.01%
	HAS	D	0.01%
	SNV	B	0.01%
	ENSG	D	0.01%
	MOS	F	0.01%
	SKX	D	0.01%
	PARAA	B	0.0%
	MAGN	F	0.0%
	SEG	B	0.0%
	SNRE	D	0.0%
	UWMC	D	0.0%
	TFSL	A	0.0%
	FG	B	0.0%
	CWEN	C	0.0%
	NFE	D	0.0%
	MBLY	C	0.0%
	FIZZ	C	0.0%
	LLYVA	A	0.0%
	CNA	B	0.0%
	UI	A	0.0%
	LBRDA	C	0.0%
	LEVI	F	0.0%
	REYN	D	0.0%
	FWONA	B	0.0%
	CNXC	F	0.0%
	CLVT	F	0.0%
	RKT	F	0.0%
	PPC	C	0.0%
	CAR	C	0.0%
	LBTYK	A	0.0%
	INFA	D	0.0%
	LBTYA	B	0.0%
	RUN	F	0.0%
	SHC	F	0.0%
	BRZE	C	0.0%
	CWEN	C	0.0%
	AAP	C	0.0%
	RCM	F	0.0%
	LCID	F	0.0%
	HHH	B	0.0%
	ARWR	F	0.0%
	IPGP	D	0.0%
	ACLS	F	0.0%
	CPRI	F	0.0%
	AGR	B	0.0%
	BOKF	B	0.0%
	CXT	B	0.0%
	NSP	D	0.0%
	DV	C	0.0%
	ADT	C	0.0%
	JOBY	B	0.0%

IYY Underweight 33 Positions Relative to NZAC

	Symbol	Grade	Weight
	NVS	D	-0.41%
	BABA	D	-0.24%
	TD	F	-0.19%
	SONY	B	-0.17%
	HDB	C	-0.14%
	MELI	D	-0.14%
	SHOP	B	-0.12%
	LI	F	-0.11%
	INFY	B	-0.11%
	DEO	F	-0.1%
	SCCO	F	-0.08%
	PDD	F	-0.08%
	MUFG	B	-0.08%
	HSBH	B	-0.07%
	WIT	A	-0.07%
	TCOM	B	-0.06%
	BCS	C	-0.04%
	XPEV	C	-0.04%
	AZN	D	-0.03%
	XRX	F	-0.03%
	CCEP	C	-0.03%
	BIDU	F	-0.03%
	NIO	F	-0.02%
	BCH	F	-0.02%
	ASAI	F	-0.02%
	MBAVU	D	-0.01%
	QGEN	D	-0.01%
	KB	B	-0.01%
	QFIN	B	-0.01%
	LYG	F	-0.01%
	TEVA	D	-0.01%
	NIO	F	-0.0%
	WIT	A	-0.0%

IYY: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Utilities - Regulated Electric Business Services Software - Infrastructure Asset Management Semiconductors Diagnostics & Research Oil & Gas E&P Specialty Retail Capital Markets Insurance - Property & Casualty Specialty Chemicals Packaged Foods Packaging & Containers Aerospace & Defense Credit Services Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Electronics Bank Banking Chemical Electricity Real Estate Investment Trust Aerospace Mining Telecommunications Semiconductor Medicine Dow Jones Component Insurance Products Transport Biotechnology

NZAC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diagnostics & Research Asset Management Drug Manufacturers - Major Diversified Industrials Semiconductors Biotechnology Capital Markets Information Technology Services Internet Content & Information Credit Services Insurance - Property & Casualty Medical Devices Medical Instruments & Supplies Specialty Retail Banks - Global Insurance - Diversified Insurance Brokers Specialty Chemicals

Keywords: S&P 500 Nasdaq 100 Insurance Computing Dow Jones Component Bank Medicine Banking Telecommunications Insurance Products Mobile Devices Investment Bank Electronics Financial Products Real Estate Investment Trust Work From Home Biotechnology Cloud Computing Chemical Semiconductor