AVLC vs. IWL ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to iShares Russell Top 200 ETF (IWL)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$69.40

Average Daily Volume

18,661

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

IWL

iShares Russell Top 200 ETF

IWL Description

The investment seeks to track the investment results of an index composed of large-capitalization 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 Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$146.52

Average Daily Volume

48,853

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	IWL
30 Days	3.57%	3.12%
60 Days	7.86%	6.86%
90 Days	11.11%	10.33%
12 Months	36.92%	38.14%

190 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in IWL	Overlap
AAPL	D	5.32%	7.68%	5.32%
ABBV	D	0.45%	0.82%	0.45%
ABNB	C	0.08%	0.14%	0.08%
ABT	B	0.2%	0.47%	0.2%
ACN	C	0.31%	0.52%	0.31%
ADBE	C	0.31%	0.51%	0.31%
ADI	D	0.16%	0.26%	0.16%
ADP	A	0.36%	0.29%	0.29%
ADSK	B	0.09%	0.15%	0.09%
AEP	D	0.14%	0.12%	0.12%
AIG	C	0.21%	0.11%	0.11%
AMAT	F	0.38%	0.37%	0.37%
AMD	F	0.34%	0.55%	0.34%
AMGN	F	0.21%	0.41%	0.21%
AMZN	B	2.98%	4.5%	2.98%
ANET	C	0.17%	0.24%	0.17%
AON	A	0.09%	0.18%	0.09%
APD	B	0.22%	0.16%	0.16%
APH	B	0.13%	0.2%	0.13%
APO	B	0.16%	0.2%	0.16%
AVGO	B	1.18%	1.94%	1.18%
AXP	B	0.4%	0.38%	0.38%
AZO	C	0.05%	0.12%	0.05%
BA	F	0.06%	0.24%	0.06%
BAC	A	0.41%	0.71%	0.41%
BDX	D	0.05%	0.16%	0.05%
BKNG	A	0.13%	0.39%	0.13%
BMY	B	0.17%	0.26%	0.17%
BRK.A	C	0.66%	1.98%	0.66%
BSX	A	0.12%	0.3%	0.12%
BX	B	0.1%	0.29%	0.1%
C	B	0.22%	0.31%	0.22%
CARR	D	0.06%	0.15%	0.06%
CAT	B	0.55%	0.45%	0.45%
CB	D	0.22%	0.26%	0.22%
CDNS	B	0.12%	0.19%	0.12%
CEG	D	0.12%	0.18%	0.12%
CI	D	0.07%	0.21%	0.07%
CL	F	0.18%	0.18%	0.18%
CMCSA	B	0.38%	0.39%	0.38%
CME	B	0.11%	0.19%	0.11%
CMG	B	0.23%	0.19%	0.19%
COF	B	0.23%	0.16%	0.16%
COP	C	0.38%	0.3%	0.3%
COST	B	0.93%	0.97%	0.93%
CPRT	B	0.09%	0.11%	0.09%
CRM	B	0.4%	0.7%	0.4%
CRWD	B	0.1%	0.17%	0.1%
CSCO	A	0.3%	0.55%	0.3%
CSX	B	0.26%	0.16%	0.16%
CTAS	A	0.11%	0.18%	0.11%
CVS	F	0.05%	0.16%	0.05%
CVX	B	0.63%	0.63%	0.63%
D	D	0.05%	0.11%	0.05%
DASH	A	0.06%	0.14%	0.06%
DE	D	0.32%	0.23%	0.23%
DELL	C	0.06%	0.09%	0.06%
DHR	F	0.13%	0.37%	0.13%
DIS	C	0.17%	0.42%	0.17%
DUK	D	0.16%	0.2%	0.16%
ECL	D	0.06%	0.15%	0.06%
EL	F	0.02%	0.03%	0.02%
ELV	F	0.14%	0.23%	0.14%
EMR	A	0.05%	0.17%	0.05%
EOG	B	0.28%	0.18%	0.18%
ETN	A	0.14%	0.34%	0.14%
EW	F	0.08%	0.09%	0.08%
F	C	0.2%	0.1%	0.1%
FCX	F	0.21%	0.15%	0.15%
FDX	B	0.25%	0.15%	0.15%
FI	A	0.07%	0.28%	0.07%
FTNT	A	0.19%	0.13%	0.13%
GD	A	0.05%	0.2%	0.05%
GE	C	0.19%	0.47%	0.19%
GEV	B	0.14%	0.22%	0.14%
GILD	B	0.38%	0.28%	0.28%
GM	B	0.29%	0.15%	0.15%
GOOG	B	1.32%	2.06%	1.32%
GOOGL	B	1.59%	2.44%	1.59%
GS	B	0.43%	0.43%	0.43%
HCA	D	0.06%	0.16%	0.06%
HD	B	0.56%	0.94%	0.56%
HON	B	0.14%	0.33%	0.14%
IBM	D	0.27%	0.46%	0.27%
ICE	D	0.07%	0.21%	0.07%
INTC	C	0.17%	0.26%	0.17%
INTU	A	0.26%	0.44%	0.26%
ISRG	A	0.17%	0.44%	0.17%
ITW	B	0.12%	0.19%	0.12%
JCI	B	0.04%	0.13%	0.04%
JNJ	F	0.6%	0.87%	0.6%
JPM	B	1.17%	1.58%	1.17%
KDP	D	0.05%	0.09%	0.05%
KHC	F	0.05%	0.07%	0.05%
KKR	B	0.15%	0.24%	0.15%
KLAC	F	0.22%	0.22%	0.22%
KMB	F	0.14%	0.1%	0.1%
KO	F	0.4%	0.58%	0.4%
LIN	D	0.21%	0.51%	0.21%
LLY	D	0.78%	1.55%	0.78%
LMT	D	0.22%	0.28%	0.22%
LOW	B	0.12%	0.36%	0.12%
LRCX	F	0.37%	0.24%	0.24%
LULU	C	0.15%	0.09%	0.09%
MA	A	0.65%	1.01%	0.65%
MAR	A	0.05%	0.15%	0.05%
MCD	D	0.16%	0.5%	0.16%
MCK	B	0.07%	0.19%	0.07%
MCO	C	0.1%	0.18%	0.1%
MDLZ	F	0.09%	0.21%	0.09%
MDT	D	0.12%	0.26%	0.12%
MET	C	0.2%	0.11%	0.11%
META	B	2.31%	3.01%	2.31%
MMC	C	0.09%	0.26%	0.09%
MMM	D	0.19%	0.17%	0.17%
MNST	B	0.03%	0.09%	0.03%
MO	A	0.08%	0.22%	0.08%
MPC	D	0.22%	0.13%	0.13%
MRK	F	0.33%	0.61%	0.33%
MRNA	F	0.03%	0.04%	0.03%
MRVL	B	0.11%	0.19%	0.11%
MS	A	0.34%	0.35%	0.34%
MSFT	C	4.41%	7.32%	4.41%
MSI	B	0.21%	0.19%	0.19%
MU	C	0.2%	0.29%	0.2%
NEE	D	0.07%	0.37%	0.07%
NEM	F	0.02%	0.12%	0.02%
NFLX	A	0.47%	0.79%	0.47%
NKE	F	0.17%	0.21%	0.17%
NOC	C	0.05%	0.17%	0.05%
NOW	A	0.29%	0.48%	0.29%
NSC	B	0.22%	0.14%	0.14%
NVDA	A	4.93%	8.04%	4.93%
ORCL	A	0.42%	0.69%	0.42%
ORLY	A	0.07%	0.16%	0.07%
OXY	F	0.15%	0.08%	0.08%
PANW	A	0.18%	0.28%	0.18%
PCAR	B	0.24%	0.14%	0.14%
PEP	F	0.27%	0.53%	0.27%
PFE	F	0.15%	0.35%	0.15%
PG	D	0.39%	0.92%	0.39%
PGR	B	0.45%	0.36%	0.36%
PH	B	0.09%	0.21%	0.09%
PM	C	0.18%	0.46%	0.18%
PNC	A	0.22%	0.19%	0.19%
PSX	D	0.19%	0.12%	0.12%
PYPL	B	0.3%	0.2%	0.2%
QCOM	F	0.52%	0.44%	0.44%
REGN	F	0.14%	0.2%	0.14%
ROP	B	0.09%	0.14%	0.09%
RSG	A	0.03%	0.1%	0.03%
RTX	C	0.16%	0.38%	0.16%
SBUX	B	0.09%	0.26%	0.09%
SCHW	A	0.2%	0.26%	0.2%
SHW	B	0.14%	0.21%	0.14%
SLB	D	0.09%	0.14%	0.09%
SNOW	C	0.05%	0.09%	0.05%
SNPS	B	0.12%	0.2%	0.12%
SO	D	0.12%	0.23%	0.12%
SPGI	D	0.09%	0.37%	0.09%
SRE	A	0.07%	0.13%	0.07%
STZ	D	0.05%	0.09%	0.05%
SYK	A	0.11%	0.32%	0.11%
T	C	0.42%	0.37%	0.37%
TDG	B	0.07%	0.17%	0.07%
TEAM	B	0.05%	0.09%	0.05%
TFC	A	0.19%	0.14%	0.14%
TGT	C	0.28%	0.16%	0.16%
TJX	B	0.43%	0.31%	0.31%
TMO	F	0.15%	0.49%	0.15%
TMUS	A	0.3%	0.26%	0.26%
TRV	B	0.26%	0.14%	0.14%
TSLA	B	0.7%	2.08%	0.7%
TT	A	0.13%	0.22%	0.13%
TXN	B	0.28%	0.47%	0.28%
UBER	F	0.1%	0.34%	0.1%
UNH	B	0.36%	1.32%	0.36%
UNP	D	0.48%	0.34%	0.34%
UPS	D	0.19%	0.22%	0.19%
USB	B	0.22%	0.18%	0.18%
V	A	0.58%	1.13%	0.58%
VLO	D	0.16%	0.1%	0.1%
VRTX	B	0.25%	0.31%	0.25%
VZ	D	0.44%	0.4%	0.4%
WDAY	B	0.08%	0.13%	0.08%
WFC	B	0.53%	0.57%	0.53%
WM	A	0.12%	0.21%	0.12%
WMT	A	0.63%	0.86%	0.63%
XOM	B	1.04%	1.27%	1.04%
ZTS	F	0.2%	0.19%	0.19%

AVLC Overweight 785 Positions Relative to IWL

Symbol	Grade	Weight
MELI	D	0.36%
WMB	A	0.29%
AMP	A	0.26%
TRGP	A	0.26%
RCL	A	0.26%
GWW	B	0.23%
ROST	F	0.22%
DAL	A	0.22%
LNG	B	0.22%
URI	B	0.2%
FAST	B	0.2%
KR	A	0.2%
CMI	B	0.2%
HIG	C	0.19%
AFL	C	0.19%
ALL	A	0.19%
HES	C	0.19%
OKE	A	0.19%
TSCO	D	0.18%
LEN	D	0.18%
PRU	B	0.18%
BK	B	0.18%
UAL	A	0.18%
BKR	B	0.18%
NUE	C	0.17%
PAYX	B	0.17%
FANG	D	0.17%
DECK	B	0.16%
PLTR	B	0.16%
EME	B	0.15%
DOW	F	0.15%
SYF	B	0.15%
DVN	F	0.14%
APP	A	0.14%
EBAY	D	0.14%
MLM	B	0.14%
ODFL	B	0.14%
ACGL	D	0.14%
VRT	B	0.13%
HAL	D	0.13%
STLD	B	0.13%
CSL	C	0.13%
PCG	A	0.13%
ON	D	0.13%
TPL	A	0.13%
FITB	A	0.13%
IP	B	0.13%
BBY	D	0.12%
LYB	F	0.12%
ETR	B	0.12%
CPNG	C	0.12%
WSM	F	0.12%
MKL	A	0.12%
FCNCA	B	0.12%
VRSK	A	0.12%
PHM	D	0.12%
PKG	B	0.12%
CTSH	A	0.12%
CCL	A	0.12%
VST	B	0.12%
DHI	D	0.12%
JBL	B	0.11%
XEL	A	0.11%
HBAN	A	0.11%
NTRS	A	0.11%
MRO	B	0.11%
ADM	F	0.11%
ULTA	C	0.11%
IDXX	D	0.11%
RJF	A	0.11%
BURL	C	0.11%
FSLR	F	0.11%
MTB	B	0.11%
SFM	B	0.11%
CTRA	C	0.1%
DRI	B	0.1%
LII	B	0.1%
LPLA	A	0.1%
TROW	B	0.1%
RPM	B	0.1%
STT	B	0.1%
FIX	B	0.1%
UTHR	B	0.1%
KMI	A	0.1%
NVR	D	0.1%
EXC	D	0.1%
OC	B	0.1%
SW	C	0.1%
FLEX	B	0.1%
EQT	A	0.1%
ED	D	0.09%
HSY	D	0.09%
VTRS	B	0.09%
CVNA	B	0.09%
EXPD	F	0.09%
EQH	B	0.09%
IT	A	0.09%
LVS	C	0.09%
COR	A	0.09%
PFG	C	0.09%
PWR	B	0.09%
TXRH	B	0.09%
EIX	D	0.09%
GLW	B	0.09%
CF	B	0.09%
GRMN	A	0.09%
PEG	D	0.09%
POOL	D	0.08%
RNR	D	0.08%
EXP	B	0.08%
AEE	A	0.08%
LUV	B	0.08%
JBHT	B	0.08%
SNA	A	0.08%
RF	A	0.08%
JEF	B	0.08%
BG	D	0.08%
BJ	B	0.08%
FNF	C	0.08%
DKS	D	0.08%
TPR	B	0.08%
CNC	F	0.08%
NXPI	F	0.08%
CTVA	C	0.08%
HPE	B	0.08%
EWBC	A	0.08%
NCLH	A	0.08%
CFG	B	0.08%
FTI	B	0.08%
DFS	B	0.08%
CASY	A	0.08%
NTAP	C	0.07%
DD	D	0.07%
CINF	A	0.07%
DTE	D	0.07%
KEYS	B	0.07%
L	B	0.07%
DLTR	F	0.07%
PAYC	B	0.07%
WCC	B	0.07%
WRB	B	0.07%
SAIA	B	0.07%
PPL	A	0.07%
MUSA	B	0.07%
MSTR	A	0.07%
SYY	B	0.07%
INGR	B	0.07%
JXN	B	0.07%
WMS	F	0.07%
TOL	B	0.07%
MLI	B	0.07%
PRI	A	0.07%
BLDR	D	0.07%
FICO	A	0.07%
SWKS	F	0.07%
COIN	B	0.07%
GDDY	A	0.07%
RGA	A	0.07%
MOH	F	0.07%
EG	D	0.07%
RS	B	0.07%
OVV	C	0.07%
RMD	B	0.07%
CRBG	C	0.06%
KEY	B	0.06%
COKE	D	0.06%
NRG	B	0.06%
WAL	B	0.06%
CMA	B	0.06%
AFG	B	0.06%
PR	B	0.06%
TTD	A	0.06%
BWXT	A	0.06%
VLTO	D	0.06%
LNTH	F	0.06%
KVUE	A	0.06%
MPWR	F	0.06%
ATI	D	0.06%
SQ	A	0.06%
RL	B	0.06%
CMS	D	0.06%
GL	B	0.06%
GNRC	B	0.06%
IFF	F	0.06%
ALLY	C	0.06%
MANH	C	0.06%
UHS	D	0.06%
GPC	D	0.06%
SPOT	A	0.06%
CLX	B	0.06%
LECO	B	0.06%
FIS	C	0.06%
EA	A	0.06%
DCI	A	0.06%
GPK	D	0.06%
BALL	D	0.06%
PFGC	B	0.06%
LPX	A	0.06%
ANF	D	0.06%
CBRE	B	0.06%
DG	F	0.06%
A	F	0.06%
AES	F	0.06%
VMI	B	0.05%
ENSG	C	0.05%
MHK	D	0.05%
WBS	B	0.05%
EMN	D	0.05%
AJG	B	0.05%
WTFC	A	0.05%
PNW	B	0.05%
HUBS	A	0.05%
ATO	A	0.05%
JLL	C	0.05%
RHI	B	0.05%
CHD	B	0.05%
CROX	F	0.05%
MTDR	C	0.05%
ZBH	C	0.05%
HUM	F	0.05%
WFRD	D	0.05%
WST	C	0.05%
VEEV	B	0.05%
VMC	B	0.05%
SKX	F	0.05%
DOCU	A	0.05%
ZION	B	0.05%
MKTX	C	0.05%
KMX	C	0.05%
EVRG	A	0.05%
AIZ	A	0.05%
ALV	C	0.05%
HOOD	B	0.05%
HWM	B	0.05%
HPQ	B	0.05%
AIT	A	0.05%
AME	A	0.05%
CBT	B	0.05%
MOS	D	0.05%
BWA	B	0.05%
ARW	F	0.05%
IR	A	0.05%
TXT	D	0.05%
KNSL	C	0.05%
GGG	B	0.05%
R	B	0.05%
AXS	B	0.05%
WAT	B	0.05%
WSO	A	0.05%
DDOG	C	0.05%
PPG	F	0.05%
TER	D	0.05%
FYBR	D	0.05%
UFPI	B	0.05%
CHRD	F	0.05%
FND	F	0.05%
CHTR	B	0.05%
HLT	A	0.05%
CDW	F	0.05%
UNM	A	0.05%
MCHP	F	0.05%
ATR	A	0.05%
VFC	C	0.04%
STE	F	0.04%
CIVI	F	0.04%
AWI	A	0.04%
AKAM	F	0.04%
AA	C	0.04%
KEX	A	0.04%
CPAY	A	0.04%
EVR	B	0.04%
NBIX	C	0.04%
AOS	F	0.04%
SSD	D	0.04%
SOFI	B	0.04%
ALNY	D	0.04%
KNX	B	0.04%
DINO	D	0.04%
ROK	B	0.04%
HRB	D	0.04%
LH	B	0.04%
AGCO	F	0.04%
XYL	D	0.04%
XPO	B	0.04%
HUBB	B	0.04%
YUM	B	0.04%
CLF	D	0.04%
CMC	B	0.04%
SNX	C	0.04%
IQV	F	0.04%
ILMN	C	0.04%
APTV	F	0.04%
WCN	B	0.04%
OGE	B	0.04%
NET	C	0.04%
JAZZ	B	0.04%
HII	D	0.04%
KD	B	0.04%
TYL	B	0.04%
MTG	D	0.04%
FN	B	0.04%
AXON	B	0.04%
FMC	F	0.04%
CRUS	F	0.04%
PSTG	D	0.04%
TREX	C	0.04%
ITT	A	0.04%
NSIT	F	0.04%
WEC	B	0.04%
RRC	B	0.04%
ALGN	D	0.04%
BR	A	0.04%
OTIS	D	0.04%
AXTA	B	0.04%
EPAM	C	0.04%
CSGP	D	0.04%
FHN	B	0.04%
TAP	B	0.04%
CBSH	A	0.04%
CRS	B	0.04%
CLH	B	0.04%
KBH	D	0.04%
GAP	C	0.04%
FDS	A	0.04%
WAB	B	0.04%
LSTR	B	0.04%
JKHY	C	0.04%
EXPE	B	0.04%
AAON	B	0.04%
TSN	C	0.04%
AYI	A	0.04%
MSCI	B	0.04%
ZM	A	0.04%
SF	A	0.04%
CHX	D	0.04%
OMF	B	0.04%
CFR	B	0.04%
ORI	A	0.04%
ANSS	B	0.04%
FOXA	A	0.04%
DXCM	C	0.04%
LAD	B	0.03%
TFX	F	0.03%
LDOS	A	0.03%
RPRX	F	0.03%
ERIE	F	0.03%
DY	C	0.03%
GWRE	A	0.03%
BCC	B	0.03%
MOD	C	0.03%
RLI	A	0.03%
SCI	B	0.03%
RIVN	F	0.03%
GMED	B	0.03%
FAF	D	0.03%
WLK	F	0.03%
PODD	B	0.03%
DOX	A	0.03%
IEX	B	0.03%
ZS	B	0.03%
BLD	F	0.03%
IBP	F	0.03%
ROL	B	0.03%
COHR	B	0.03%
FFIV	B	0.03%
PEGA	A	0.03%
TKR	F	0.03%
ENLC	B	0.03%
NWSA	B	0.03%
MDB	C	0.03%
OLN	D	0.03%
ZBRA	A	0.03%
HALO	B	0.03%
NU	B	0.03%
UHAL	C	0.03%
HLNE	B	0.03%
AWK	D	0.03%
CTLT	C	0.03%
LHX	B	0.03%
NYT	C	0.03%
VOYA	A	0.03%
WWD	B	0.03%
MTZ	B	0.03%
EXPO	D	0.03%
BMRN	F	0.03%
BIIB	F	0.03%
CBOE	D	0.03%
GNTX	C	0.03%
HOLX	D	0.03%
ESNT	D	0.03%
TTWO	A	0.03%
SATS	C	0.03%
EHC	B	0.03%
CAH	B	0.03%
MUR	F	0.03%
AM	B	0.03%
PVH	C	0.03%
X	B	0.03%
AR	B	0.03%
SEIC	A	0.03%
PTC	B	0.03%
EXEL	B	0.03%
DOV	A	0.03%
GIS	F	0.03%
CW	B	0.03%
ALK	A	0.03%
K	A	0.03%
BPOP	C	0.03%
STX	D	0.03%
INCY	B	0.03%
RGLD	C	0.03%
TDY	A	0.03%
MAT	C	0.03%
CIEN	B	0.03%
WBD	C	0.03%
PNFP	B	0.03%
SSB	B	0.03%
GEHC	D	0.03%
TWLO	B	0.03%
MTD	F	0.03%
WDC	D	0.03%
CVLT	B	0.03%
LEA	F	0.03%
APA	F	0.03%
ONB	A	0.03%
LNT	C	0.03%
TTC	D	0.03%
BAH	C	0.03%
SNV	B	0.03%
AVY	F	0.03%
DTM	A	0.03%
ITCI	B	0.02%
EXLS	A	0.02%
LANC	B	0.02%
PCTY	A	0.02%
FIVE	F	0.02%
AUR	C	0.02%
DPZ	C	0.02%
ROIV	D	0.02%
MSA	D	0.02%
BRO	A	0.02%
CGNX	B	0.02%
FRPT	B	0.02%
INSM	D	0.02%
PPC	B	0.02%
BC	D	0.02%
CHH	B	0.02%
RBC	B	0.02%
MAS	D	0.02%
OKTA	C	0.02%
CELH	F	0.02%
OMC	B	0.02%
DOCS	B	0.02%
HRL	F	0.02%
MDU	F	0.02%
TOST	A	0.02%
VKTX	D	0.02%
AZN	F	0.02%
TRU	D	0.02%
ARMK	C	0.02%
HOMB	A	0.02%
LNW	C	0.02%
FCN	D	0.02%
SWK	F	0.02%
ROKU	C	0.02%
FSS	C	0.02%
SMCI	F	0.02%
OZK	B	0.02%
ALSN	B	0.02%
NVT	B	0.02%
NTRA	B	0.02%
DAR	B	0.02%
WTW	A	0.02%
QRVO	F	0.02%
SIGI	B	0.02%
HLI	B	0.02%
BAX	F	0.02%
BMI	B	0.02%
Z	B	0.02%
NOV	D	0.02%
HAS	D	0.02%
GLOB	B	0.02%
ARES	B	0.02%
LYV	A	0.02%
JHG	B	0.02%
FE	D	0.02%
FLS	B	0.02%
CHE	D	0.02%
SWX	B	0.02%
ONTO	F	0.02%
MMSI	A	0.02%
SN	D	0.02%
MOG.A	B	0.02%
OLED	F	0.02%
AMCR	D	0.02%
CNM	D	0.02%
BRKR	F	0.02%
TECH	C	0.02%
ES	F	0.02%
CNP	B	0.02%
CCK	B	0.02%
FOX	A	0.02%
OLLI	D	0.02%
LW	C	0.02%
VRSN	C	0.02%
LFUS	D	0.02%
EFX	D	0.02%
DT	C	0.02%
COOP	B	0.02%
CSWI	B	0.02%
NDAQ	B	0.02%
CG	B	0.02%
OSK	B	0.02%
FBIN	F	0.02%
MGY	B	0.02%
ENTG	D	0.02%
MTH	D	0.02%
FLR	C	0.02%
JNPR	C	0.02%
HESM	D	0.02%
SON	F	0.02%
QLYS	C	0.02%
TW	B	0.02%
CADE	B	0.02%
MASI	B	0.02%
IVZ	C	0.02%
RVTY	C	0.02%
PCVX	D	0.02%
THC	B	0.02%
TMHC	C	0.02%
G	B	0.02%
RVMD	B	0.02%
IBKR	A	0.02%
TRMB	B	0.02%
TPX	C	0.02%
PB	A	0.02%
NI	A	0.02%
M	D	0.02%
ACM	B	0.02%
CHDN	C	0.02%
NTNX	B	0.02%
GME	C	0.02%
ALLE	D	0.02%
LBRDK	B	0.02%
AMKR	F	0.02%
PINS	D	0.02%
MEDP	D	0.02%
CHRW	B	0.02%
AFRM	A	0.02%
LYFT	B	0.01%
SEE	C	0.01%
BPMC	B	0.01%
H	C	0.01%
PAG	C	0.01%
GFS	C	0.01%
RMBS	C	0.01%
NEU	C	0.01%
IONS	F	0.01%
SNAP	C	0.01%
ZG	B	0.01%
CFLT	B	0.01%
CHWY	B	0.01%
ADTN	B	0.01%
TNET	D	0.01%
GTLS	A	0.01%
SMMT	D	0.01%
BBWI	C	0.01%
RRX	C	0.01%
AAL	B	0.01%
CYTK	C	0.01%
RGEN	D	0.01%
PI	D	0.01%
NPAB	F	0.01%
LCID	F	0.01%
BILL	A	0.01%
CWEN	D	0.01%
LEN	D	0.01%
EXAS	F	0.01%
VAL	F	0.01%
VERX	B	0.01%
DKNG	B	0.01%
UI	A	0.01%
SUM	B	0.01%
ALTR	C	0.01%
PEN	B	0.01%
NOVT	C	0.01%
CE	F	0.01%
WYNN	F	0.01%
CACC	F	0.01%
U	D	0.01%
WTRG	B	0.01%
CAG	F	0.01%
CPB	F	0.01%
NDSN	B	0.01%
PATH	C	0.01%
GXO	B	0.01%
TDW	F	0.01%
BRBR	A	0.01%
HEI	C	0.01%
NWS	B	0.01%
PCOR	B	0.01%
ZETA	C	0.01%
HQY	A	0.01%
HXL	D	0.01%
BROS	B	0.01%
FOUR	B	0.01%
AVAV	C	0.01%
PSN	A	0.01%
ESAB	B	0.01%
MTN	D	0.01%
MORN	A	0.01%
DDS	C	0.01%
ESTC	C	0.01%
GTLB	C	0.01%
IPG	F	0.01%
DLB	C	0.01%
AGR	C	0.01%
HSIC	F	0.01%
ACHC	F	0.01%
KRYS	B	0.01%
CWST	B	0.01%
NXST	C	0.01%
MKSI	D	0.01%
SSNC	C	0.01%
DUOL	B	0.01%
MARA	C	0.01%
LKQ	D	0.01%
DBX	B	0.01%
SOLV	C	0.01%
VRNS	D	0.01%
MTCH	F	0.01%
CWAN	B	0.01%
RRR	F	0.01%
LSCC	C	0.01%
BECN	B	0.01%
APPF	B	0.01%
USFD	A	0.01%
GPN	B	0.01%
BSY	D	0.01%
BOKF	B	0.01%
J	B	0.01%
VNT	B	0.01%
CACI	B	0.01%
RYAN	B	0.01%
ATKR	C	0.01%
IDA	A	0.01%
PARA	C	0.01%
OGN	F	0.01%
RBLX	A	0.01%
SJM	F	0.01%
AVTR	F	0.01%
BERY	C	0.01%
KBR	B	0.01%
SRPT	F	0.01%
LEVI	F	0.01%
AZEK	B	0.01%
NFG	C	0.01%
BEN	C	0.01%
DGX	A	0.01%
MGM	F	0.01%
WEX	D	0.01%
CRL	C	0.01%
XP	F	0.01%
MTSI	B	0.01%
BCPC	B	0.01%
BYD	A	0.01%
MIDD	C	0.01%
AN	D	0.01%
WTS	B	0.01%
SPSC	D	0.01%
PLNT	B	0.01%
DVA	C	0.01%
LUMN	B	0.01%
GKOS	A	0.01%
VVV	B	0.01%
SMAR	B	0.01%
ZWS	B	0.01%
TTEK	C	0.01%
WING	D	0.01%
BIO	C	0.01%
AL	B	0.01%
LNC	B	0.01%
MKC	D	0.01%
IOT	B	0.01%
PFSI	D	0.01%
ALB	C	0.01%
FTV	D	0.01%
SITE	C	0.01%
PBF	F	0.01%
SM	C	0.01%
CR	B	0.01%
WH	A	0.01%
WSC	F	0.01%
THO	B	0.01%
ELAN	D	0.01%
ENPH	F	0.01%
MDGL	B	0.01%
PNR	B	0.01%
S	B	0.01%
NVST	C	0.0%
TPG	B	0.0%
CRSP	C	0.0%
WOLF	F	0.0%
WHR	B	0.0%
RARE	F	0.0%
HIMS	B	0.0%
EMBC	B	0.0%
KLG	D	0.0%
COTY	F	0.0%
AGL	F	0.0%
FG	B	0.0%
SEDG	F	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
RNA	B	0.0%
DXC	B	0.0%
IMVT	D	0.0%
SPB	A	0.0%
SIRI	C	0.0%
TXG	F	0.0%
SAM	B	0.0%
WBA	D	0.0%
BRZE	C	0.0%
UGI	D	0.0%
CRVL	B	0.0%
GBCI	B	0.0%
AGO	B	0.0%
BBIO	F	0.0%
UHAL	C	0.0%
APLS	F	0.0%
IPGP	C	0.0%
FNB	A	0.0%
INFA	D	0.0%
ALKS	B	0.0%
FIZZ	B	0.0%
PLUG	D	0.0%
ZI	C	0.0%
CAR	C	0.0%
TDC	D	0.0%
RDN	C	0.0%
CWEN	D	0.0%
HCP	A	0.0%
EEFT	C	0.0%
HRI	B	0.0%
SNDR	A	0.0%
WK	B	0.0%
ALIT	B	0.0%
TENB	D	0.0%
FRHC	B	0.0%
FLO	F	0.0%
ST	F	0.0%
OPCH	F	0.0%
LBRDA	B	0.0%
W	F	0.0%
NFE	F	0.0%
BIRK	F	0.0%
OWL	B	0.0%
ESI	B	0.0%
CRDO	B	0.0%
CZR	D	0.0%
INSP	D	0.0%
AMG	C	0.0%
MMS	C	0.0%
ACT	D	0.0%
COLB	B	0.0%
POST	D	0.0%
ETSY	C	0.0%
XRAY	F	0.0%
REYN	D	0.0%
TMDX	F	0.0%
BFAM	F	0.0%
CNA	D	0.0%
RDDT	B	0.0%
NUVL	D	0.0%
DAY	B	0.0%
SAIC	B	0.0%
ALGM	F	0.0%
RBRK	B	0.0%
SLGN	A	0.0%
TKO	D	0.0%
RH	B	0.0%
FLUT	B	0.0%
HEI	C	0.0%
ELF	C	0.0%
APG	B	0.0%

AVLC Underweight 7 Positions Relative to IWL

Symbol	Grade	Weight
BLK	B	-0.36%
PLD	F	-0.25%
AMT	F	-0.22%
EQIX	C	-0.2%
WELL	B	-0.19%
CRH	B	-0.16%
PSA	D	-0.12%