EQAL vs. IWL ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to iShares Russell Top 200 ETF (IWL)

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

$51.47

Average Daily Volume

22,601

Number of Holdings ^*

968

* 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

$145.86

Average Daily Volume

52,339

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	IWL
30 Days	5.64%	2.93%
60 Days	6.61%	4.56%
90 Days	8.92%	6.33%
12 Months	28.87%	33.26%

195 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in IWL	Overlap
AAPL	C	0.06%	7.79%	0.06%
ABBV	D	0.07%	0.7%	0.07%
ABNB	C	0.06%	0.14%	0.06%
ABT	B	0.08%	0.48%	0.08%
ACN	C	0.05%	0.53%	0.05%
ADBE	C	0.06%	0.53%	0.06%
ADI	D	0.06%	0.24%	0.06%
ADP	B	0.05%	0.29%	0.05%
ADSK	A	0.07%	0.15%	0.07%
AEP	D	0.18%	0.12%	0.12%
AIG	B	0.07%	0.12%	0.07%
AMAT	F	0.06%	0.33%	0.06%
AMD	F	0.06%	0.52%	0.06%
AMGN	D	0.07%	0.36%	0.07%
AMT	D	0.11%	0.22%	0.11%
AMZN	C	0.05%	4.48%	0.05%
ANET	C	0.54%	0.23%	0.23%
AON	A	0.07%	0.18%	0.07%
APD	A	0.27%	0.17%	0.17%
APH	A	0.07%	0.2%	0.07%
APO	B	0.09%	0.2%	0.09%
AVGO	D	0.06%	1.78%	0.06%
AXP	A	0.05%	0.38%	0.05%
AZO	C	0.05%	0.13%	0.05%
BA	F	0.04%	0.23%	0.04%
BAC	A	0.07%	0.76%	0.07%
BDX	F	0.08%	0.16%	0.08%
BKNG	A	0.07%	0.4%	0.07%
BLK	C	0.07%	0.37%	0.07%
BMY	B	0.1%	0.27%	0.1%
BRK.A	B	0.07%	2.05%	0.07%
BSX	B	0.09%	0.3%	0.09%
BX	A	0.08%	0.31%	0.08%
C	A	0.07%	0.31%	0.07%
CARR	D	0.04%	0.15%	0.04%
CAT	B	0.05%	0.45%	0.05%
CB	C	0.06%	0.28%	0.06%
CDNS	B	0.07%	0.19%	0.07%
CEG	D	0.23%	0.17%	0.17%
CI	F	0.07%	0.21%	0.07%
CL	D	0.14%	0.18%	0.14%
CMCSA	B	0.56%	0.39%	0.39%
CME	A	0.07%	0.19%	0.07%
CMG	B	0.05%	0.19%	0.05%
COF	B	0.06%	0.17%	0.06%
COP	C	0.22%	0.31%	0.22%
COST	B	0.05%	0.96%	0.05%
CPRT	A	0.06%	0.12%	0.06%
CRM	B	0.08%	0.73%	0.08%
CRWD	B	0.08%	0.18%	0.08%
CSCO	B	0.58%	0.55%	0.55%
CSX	B	0.05%	0.16%	0.05%
CTAS	B	0.05%	0.18%	0.05%
CVS	D	0.15%	0.16%	0.15%
CVX	A	0.23%	0.66%	0.23%
D	C	0.19%	0.11%	0.11%
DASH	A	0.08%	0.14%	0.08%
DE	A	0.04%	0.24%	0.04%
DELL	C	0.07%	0.09%	0.07%
DHR	F	0.07%	0.35%	0.07%
DIS	B	0.06%	0.5%	0.06%
DUK	C	0.19%	0.21%	0.19%
ECL	D	0.23%	0.15%	0.15%
EL	F	0.04%	0.03%	0.03%
ELV	F	0.06%	0.22%	0.06%
EMR	A	0.06%	0.17%	0.06%
EOG	A	0.23%	0.18%	0.18%
EQIX	A	0.14%	0.2%	0.14%
ETN	A	0.05%	0.34%	0.05%
EW	C	0.08%	0.1%	0.08%
F	C	0.05%	0.1%	0.05%
FCX	D	0.24%	0.15%	0.15%
FDX	B	0.05%	0.16%	0.05%
FI	A	0.05%	0.29%	0.05%
FTNT	C	0.08%	0.14%	0.08%
GD	F	0.04%	0.19%	0.04%
GE	D	0.05%	0.46%	0.05%
GEV	B	0.07%	0.21%	0.07%
GILD	C	0.09%	0.26%	0.09%
GM	B	0.06%	0.15%	0.06%
GOOGL	C	0.07%	2.41%	0.07%
GS	A	0.08%	0.45%	0.08%
HCA	F	0.07%	0.15%	0.07%
HD	A	0.06%	0.96%	0.06%
HON	B	0.05%	0.35%	0.05%
IBM	C	0.06%	0.45%	0.06%
ICE	C	0.06%	0.21%	0.06%
INTC	D	0.08%	0.25%	0.08%
INTU	C	0.07%	0.45%	0.07%
ISRG	A	0.09%	0.44%	0.09%
ITW	B	0.05%	0.19%	0.05%
JCI	C	0.05%	0.13%	0.05%
JNJ	D	0.07%	0.88%	0.07%
JPM	A	0.07%	1.67%	0.07%
KDP	D	0.14%	0.08%	0.08%
KHC	F	0.15%	0.07%	0.07%
KKR	A	0.08%	0.24%	0.08%
KLAC	D	0.05%	0.2%	0.05%
KMB	D	0.15%	0.11%	0.11%
KO	D	0.14%	0.57%	0.14%
LIN	D	0.23%	0.51%	0.23%
LLY	F	0.07%	1.42%	0.07%
LMT	D	0.04%	0.27%	0.04%
LOW	D	0.06%	0.37%	0.06%
LRCX	F	0.06%	0.22%	0.06%
LULU	C	0.06%	0.09%	0.06%
MA	C	0.05%	1.03%	0.05%
MAR	B	0.06%	0.15%	0.06%
MCD	D	0.05%	0.5%	0.05%
MCK	B	0.19%	0.19%	0.19%
MCO	B	0.06%	0.18%	0.06%
MDLZ	F	0.14%	0.21%	0.14%
MDT	D	0.08%	0.27%	0.08%
MET	A	0.07%	0.12%	0.07%
META	D	0.07%	2.89%	0.07%
MMC	B	0.06%	0.26%	0.06%
MMM	D	0.05%	0.17%	0.05%
MNST	C	0.18%	0.09%	0.09%
MO	A	0.17%	0.23%	0.17%
MPC	D	0.19%	0.13%	0.13%
MRK	F	0.07%	0.58%	0.07%
MRNA	F	0.05%	0.03%	0.03%
MRVL	B	0.07%	0.18%	0.07%
MS	A	0.09%	0.37%	0.09%
MSFT	F	0.06%	7.35%	0.06%
MSI	B	0.56%	0.19%	0.19%
MU	D	0.07%	0.25%	0.07%
NEE	D	0.18%	0.37%	0.18%
NEM	D	0.18%	0.11%	0.11%
NFLX	A	0.06%	0.84%	0.06%
NKE	D	0.05%	0.22%	0.05%
NOC	D	0.04%	0.16%	0.04%
NOW	A	0.07%	0.49%	0.07%
NSC	B	0.05%	0.14%	0.05%
NVDA	C	0.08%	7.91%	0.08%
ORCL	B	0.07%	0.69%	0.07%
ORLY	B	0.05%	0.17%	0.05%
OXY	D	0.2%	0.08%	0.08%
PANW	C	0.07%	0.28%	0.07%
PCAR	B	0.05%	0.14%	0.05%
PEP	F	0.15%	0.52%	0.15%
PFE	D	0.07%	0.33%	0.07%
PG	A	0.15%	0.95%	0.15%
PGR	A	0.06%	0.36%	0.06%
PH	A	0.05%	0.21%	0.05%
PLD	D	0.12%	0.25%	0.12%
PM	B	0.16%	0.48%	0.16%
PNC	B	0.07%	0.2%	0.07%
PSA	D	0.13%	0.13%	0.13%
PSX	C	0.2%	0.13%	0.13%
PYPL	B	0.06%	0.21%	0.06%
QCOM	F	0.06%	0.43%	0.06%
REGN	F	0.05%	0.19%	0.05%
ROP	B	0.06%	0.14%	0.06%
RSG	A	0.2%	0.1%	0.1%
RTX	C	0.05%	0.38%	0.05%
SBUX	A	0.05%	0.27%	0.05%
SCHW	B	0.08%	0.29%	0.08%
SHW	A	0.05%	0.21%	0.05%
SLB	C	0.22%	0.15%	0.15%
SNOW	C	0.07%	0.09%	0.07%
SNPS	B	0.07%	0.19%	0.07%
SO	D	0.19%	0.23%	0.19%
SPGI	C	0.06%	0.38%	0.06%
SRE	A	0.22%	0.14%	0.14%
STZ	D	0.15%	0.09%	0.09%
SYK	C	0.08%	0.34%	0.08%
T	A	0.51%	0.39%	0.39%
TDG	D	0.04%	0.16%	0.04%
TEAM	A	0.09%	0.09%	0.09%
TFC	A	0.07%	0.15%	0.07%
TGT	F	0.05%	0.17%	0.05%
TJX	A	0.05%	0.32%	0.05%
TMO	F	0.07%	0.47%	0.07%
TMUS	B	0.59%	0.27%	0.27%
TRV	B	0.07%	0.14%	0.07%
TSLA	B	0.07%	2.12%	0.07%
TT	A	0.05%	0.22%	0.05%
TXN	C	0.06%	0.44%	0.06%
UBER	D	0.05%	0.35%	0.05%
UNH	C	0.08%	1.3%	0.08%
UNP	C	0.04%	0.34%	0.04%
UPS	C	0.05%	0.23%	0.05%
USB	A	0.07%	0.19%	0.07%
V	A	0.05%	1.16%	0.05%
VLO	C	0.21%	0.11%	0.11%
VRTX	F	0.08%	0.29%	0.08%
VZ	C	0.46%	0.42%	0.42%
WDAY	B	0.07%	0.13%	0.07%
WELL	A	0.14%	0.2%	0.14%
WFC	A	0.09%	0.62%	0.09%
WM	A	0.21%	0.21%	0.21%
WMT	A	0.05%	0.87%	0.05%
XOM	B	0.21%	1.27%	0.21%
ZTS	D	0.07%	0.19%	0.07%

EQAL Overweight 773 Positions Relative to IWL

Symbol	Grade	Weight
UI	A	0.85%
LITE	B	0.78%
LBRDK	C	0.74%
CIEN	B	0.64%
CHTR	C	0.58%
IRDM	D	0.57%
JNPR	F	0.5%
ROKU	D	0.5%
FYBR	D	0.49%
VST	B	0.34%
TPL	A	0.34%
MP	B	0.32%
AA	B	0.31%
STLD	B	0.29%
FAST	B	0.28%
IP	B	0.28%
CC	C	0.27%
RS	B	0.27%
ALB	C	0.27%
BKR	B	0.26%
EQT	B	0.26%
KMI	A	0.26%
TRGP	B	0.26%
RBC	A	0.26%
DTM	B	0.26%
CF	B	0.26%
ESI	A	0.26%
SMG	D	0.26%
NUE	C	0.25%
MOS	F	0.25%
X	C	0.25%
OKE	A	0.24%
OLN	D	0.24%
CLF	F	0.24%
EMN	D	0.24%
SCCO	F	0.24%
WMB	A	0.24%
AR	B	0.23%
NRG	B	0.23%
PR	B	0.23%
OVV	B	0.23%
RRC	B	0.23%
HXL	D	0.23%
NEU	C	0.23%
RGLD	C	0.23%
MTDR	B	0.23%
LNG	B	0.23%
ETR	B	0.23%
FTI	A	0.23%
AVY	D	0.22%
ASH	D	0.22%
WLK	D	0.22%
MRO	B	0.22%
CTRA	B	0.22%
IDA	A	0.22%
TKR	D	0.22%
HES	B	0.22%
EVRG	A	0.21%
PEG	A	0.21%
OGE	B	0.21%
LYB	F	0.21%
CLH	B	0.21%
HUN	F	0.21%
PCG	A	0.21%
FANG	D	0.21%
FMC	D	0.21%
ATO	A	0.21%
NI	A	0.21%
HAL	C	0.21%
AEE	A	0.21%
XEL	A	0.21%
CNP	B	0.21%
BRBR	A	0.2%
WTRG	B	0.2%
AGR	B	0.2%
LW	C	0.2%
LNT	A	0.2%
WEC	A	0.2%
NOV	C	0.2%
PNW	B	0.2%
NFG	A	0.2%
AM	A	0.2%
IFF	D	0.2%
PPL	B	0.2%
TAP	C	0.19%
DAR	C	0.19%
SAM	C	0.19%
APA	D	0.19%
EXC	C	0.19%
DTE	C	0.19%
DINO	D	0.19%
CWEN	C	0.19%
EIX	B	0.19%
PPC	C	0.19%
CMS	C	0.19%
UGI	A	0.19%
CIVI	D	0.19%
DVN	F	0.19%
CHRD	D	0.19%
USFD	A	0.18%
AWK	D	0.18%
Z	A	0.18%
ES	D	0.18%
ED	D	0.18%
WFRD	D	0.18%
FE	C	0.18%
PFGC	B	0.18%
NFE	D	0.17%
FRPT	B	0.17%
KR	B	0.17%
INGR	B	0.17%
GO	C	0.17%
WBA	F	0.16%
CLX	B	0.16%
ACI	C	0.16%
K	A	0.16%
VNO	B	0.16%
KVUE	A	0.16%
COR	B	0.16%
TSN	B	0.16%
FSLR	F	0.16%
SPB	C	0.16%
CHD	B	0.16%
CTVA	C	0.16%
APP	B	0.16%
CASY	A	0.16%
CE	F	0.15%
SEG	B	0.15%
PK	B	0.15%
POST	C	0.15%
SPG	B	0.15%
HRL	D	0.15%
HHH	B	0.15%
FLO	D	0.15%
COKE	C	0.15%
SJM	D	0.15%
DLR	B	0.15%
AES	F	0.15%
MSTR	C	0.15%
KRC	C	0.15%
CBRE	B	0.15%
SYY	B	0.15%
REG	B	0.14%
CAG	D	0.14%
ADC	B	0.14%
LAMR	D	0.14%
SEB	F	0.14%
REYN	D	0.14%
BXP	D	0.14%
ADM	D	0.14%
HST	C	0.14%
GIS	D	0.14%
CPB	D	0.14%
MKC	D	0.14%
HSY	F	0.14%
BRX	A	0.14%
KIM	A	0.14%
JLL	D	0.14%
BG	F	0.14%
CUZ	B	0.14%
STAG	F	0.13%
EXR	D	0.13%
AMH	D	0.13%
EGP	F	0.13%
INVH	D	0.13%
EPR	D	0.13%
VICI	C	0.13%
GLPI	C	0.13%
CELH	F	0.13%
FR	C	0.13%
RYN	D	0.13%
EQR	B	0.13%
DOC	D	0.13%
ELS	C	0.13%
MAA	B	0.13%
UDR	B	0.13%
CSGP	D	0.13%
IRM	D	0.13%
FRT	B	0.13%
ESS	B	0.13%
VTR	C	0.13%
CPT	B	0.13%
OHI	C	0.13%
WY	D	0.13%
HIW	D	0.13%
AVB	B	0.13%
REXR	F	0.12%
SUI	D	0.12%
CCI	D	0.12%
NNN	D	0.12%
ENPH	F	0.12%
WPC	D	0.12%
NSA	D	0.12%
ARE	D	0.12%
CUBE	D	0.12%
O	D	0.12%
SBAC	D	0.12%
COIN	C	0.11%
TWLO	A	0.11%
EXEL	B	0.11%
DOCS	C	0.11%
SOFI	A	0.11%
MASI	A	0.11%
NTRA	B	0.1%
INCY	C	0.1%
DJT	C	0.1%
COLD	D	0.1%
PLTR	B	0.1%
MPW	F	0.1%
VTRS	A	0.09%
VRT	B	0.09%
EWBC	A	0.09%
NCNO	B	0.09%
WBS	A	0.09%
FIVN	C	0.09%
DXCM	D	0.09%
BIO	D	0.09%
HUBS	A	0.09%
IBKR	A	0.09%
LH	C	0.09%
CVNA	B	0.09%
CAH	B	0.09%
NVST	B	0.09%
ILMN	D	0.09%
DOCU	A	0.09%
CFLT	B	0.09%
PODD	C	0.09%
WST	C	0.09%
UAL	A	0.09%
EHC	B	0.09%
GMED	A	0.09%
TOST	B	0.09%
JAZZ	B	0.09%
PEN	B	0.09%
WAT	B	0.09%
LPLA	A	0.09%
PINC	B	0.09%
ITCI	C	0.09%
UTHR	C	0.09%
HOOD	B	0.09%
RCL	A	0.08%
TPG	A	0.08%
AGO	B	0.08%
NCLH	B	0.08%
S	B	0.08%
KD	B	0.08%
HSIC	B	0.08%
NTRS	A	0.08%
ZM	B	0.08%
QGEN	D	0.08%
OMF	A	0.08%
JBL	B	0.08%
HBAN	A	0.08%
CMA	A	0.08%
ROIV	C	0.08%
ZS	C	0.08%
HOLX	D	0.08%
PCOR	B	0.08%
MTSI	B	0.08%
RVTY	F	0.08%
BHF	B	0.08%
ALGN	D	0.08%
MEDP	D	0.08%
CAR	C	0.08%
RNG	B	0.08%
HPE	B	0.08%
ELAN	D	0.08%
DVA	B	0.08%
FTRE	D	0.08%
BILL	A	0.08%
CERT	F	0.08%
GDDY	A	0.08%
ALNY	D	0.08%
EPAM	C	0.08%
SNV	B	0.08%
LYFT	C	0.08%
SOLV	C	0.08%
EVR	B	0.08%
JEF	A	0.08%
TECH	D	0.08%
GEHC	F	0.08%
JHG	A	0.08%
MTB	A	0.08%
PRGO	B	0.08%
CHE	D	0.08%
RGEN	D	0.08%
DFS	B	0.08%
DAY	B	0.08%
RCM	F	0.08%
NBIX	C	0.08%
DGX	A	0.08%
CRL	C	0.08%
FHN	A	0.08%
PEGA	A	0.08%
CG	A	0.08%
CTLT	B	0.08%
COLB	A	0.08%
OWL	A	0.08%
UNM	A	0.08%
THC	D	0.08%
WTFC	A	0.08%
COHR	B	0.08%
PAYC	B	0.08%
ZBH	C	0.08%
AMP	A	0.08%
PNFP	B	0.08%
VEEV	C	0.08%
CFR	B	0.08%
SF	B	0.08%
RJF	A	0.08%
ENOV	C	0.08%
ZION	B	0.08%
VRSN	F	0.07%
WRB	A	0.07%
AJG	B	0.07%
RARE	D	0.07%
VOYA	B	0.07%
GFS	C	0.07%
GL	B	0.07%
HIG	B	0.07%
BIIB	F	0.07%
VAC	B	0.07%
NDAQ	A	0.07%
CACI	D	0.07%
DDS	B	0.07%
NWL	B	0.07%
ORI	A	0.07%
MSCI	C	0.07%
BR	A	0.07%
SRPT	D	0.07%
BRKR	D	0.07%
DNB	B	0.07%
LDOS	C	0.07%
FOXA	B	0.07%
HPQ	B	0.07%
INSP	D	0.07%
SMAR	A	0.07%
BEN	C	0.07%
IQV	D	0.07%
ANSS	B	0.07%
VKTX	F	0.07%
LYV	A	0.07%
TPR	B	0.07%
WBD	C	0.07%
ALLY	C	0.07%
CINF	A	0.07%
TFSL	A	0.07%
GME	C	0.07%
UAA	C	0.07%
CRBG	B	0.07%
WTM	A	0.07%
THG	A	0.07%
AAL	B	0.07%
RYAN	B	0.07%
GLW	B	0.07%
MOH	F	0.07%
UHS	D	0.07%
CTSH	B	0.07%
GTLB	B	0.07%
BRO	B	0.07%
BK	A	0.07%
IT	C	0.07%
HUM	C	0.07%
AIZ	A	0.07%
VIRT	B	0.07%
IVZ	B	0.07%
MORN	B	0.07%
AXS	A	0.07%
PRU	A	0.07%
DBX	B	0.07%
BOKF	B	0.07%
DV	C	0.07%
ALK	C	0.07%
STT	A	0.07%
BROS	B	0.07%
KMPR	B	0.07%
GWRE	A	0.07%
IDXX	F	0.07%
TROW	B	0.07%
EXPE	B	0.07%
PTC	A	0.07%
AMG	B	0.07%
FITB	A	0.07%
PB	A	0.07%
IPGP	D	0.07%
GLOB	B	0.07%
AXON	A	0.07%
WTW	B	0.07%
FDS	B	0.07%
STE	F	0.07%
LSCC	D	0.07%
TW	A	0.07%
NTNX	A	0.07%
DUOL	A	0.07%
MKL	A	0.07%
OZK	B	0.07%
SLM	A	0.07%
FFIV	B	0.07%
WAL	B	0.07%
RLI	B	0.07%
FCNCA	A	0.07%
AZTA	D	0.07%
CFG	B	0.07%
SHC	F	0.07%
PRI	A	0.07%
CBSH	A	0.07%
SEIC	B	0.07%
RPRX	D	0.07%
LAD	A	0.07%
NET	B	0.07%
KEY	B	0.07%
DDOG	A	0.07%
RMD	C	0.07%
CCL	B	0.07%
LNC	B	0.07%
GEN	B	0.07%
SPOT	B	0.07%
ARES	A	0.07%
RF	A	0.07%
ESTC	C	0.07%
FHB	A	0.07%
A	D	0.07%
FNB	A	0.07%
DAL	C	0.07%
IONS	F	0.07%
AMED	F	0.07%
EQH	B	0.07%
PYCR	C	0.07%
HLI	B	0.07%
TPX	B	0.06%
EME	C	0.06%
LPX	B	0.06%
ARMK	B	0.06%
TRIP	F	0.06%
CMI	A	0.06%
CW	B	0.06%
LUV	C	0.06%
FICO	B	0.06%
PVH	C	0.06%
ESAB	B	0.06%
SCI	B	0.06%
OMC	C	0.06%
SQ	B	0.06%
ZBRA	B	0.06%
AGNC	D	0.06%
SNA	A	0.06%
PWR	A	0.06%
SAIC	F	0.06%
RBA	A	0.06%
ACGL	D	0.06%
ARW	D	0.06%
ENTG	D	0.06%
ALGM	D	0.06%
H	B	0.06%
AWI	A	0.06%
MSGS	A	0.06%
AKAM	D	0.06%
AYI	B	0.06%
AFRM	B	0.06%
ON	D	0.06%
RHI	B	0.06%
WOLF	F	0.06%
EA	A	0.06%
GNRC	B	0.06%
XRAY	F	0.06%
PENN	C	0.06%
PAG	B	0.06%
SAIA	B	0.06%
FIX	A	0.06%
CBOE	B	0.06%
CPNG	D	0.06%
THO	B	0.06%
BBWI	D	0.06%
R	B	0.06%
IAC	D	0.06%
DECK	A	0.06%
PLTK	B	0.06%
RBLX	C	0.06%
HCP	B	0.06%
STWD	C	0.06%
BWXT	B	0.06%
KBR	F	0.06%
NWSA	B	0.06%
FOUR	B	0.06%
VFC	C	0.06%
OGN	D	0.06%
EXAS	D	0.06%
LOPE	B	0.06%
BSY	D	0.06%
RNR	C	0.06%
FLS	B	0.06%
INFA	D	0.06%
WCC	B	0.06%
MDB	C	0.06%
APLS	D	0.06%
XPO	B	0.06%
U	C	0.06%
WDC	D	0.06%
PINS	D	0.06%
BPOP	B	0.06%
EG	C	0.06%
RL	B	0.06%
FAF	A	0.06%
HLT	A	0.06%
MTG	C	0.06%
SSNC	B	0.06%
WHR	B	0.06%
ALSN	B	0.06%
SYF	B	0.06%
BYD	C	0.06%
NTAP	C	0.06%
WYNN	D	0.06%
CNC	D	0.06%
TFX	F	0.06%
AFL	B	0.06%
TXRH	C	0.06%
LVS	C	0.06%
TTD	B	0.06%
CHH	A	0.06%
TTWO	A	0.06%
PSTG	D	0.06%
ZI	D	0.06%
FNF	B	0.06%
AVTR	F	0.06%
L	A	0.06%
APPF	B	0.06%
CNA	B	0.06%
MKTX	D	0.06%
SNX	C	0.06%
PLNT	A	0.06%
DXC	B	0.06%
KNSL	B	0.06%
PFG	D	0.06%
BAX	D	0.06%
RH	B	0.06%
OKTA	C	0.06%
DOX	D	0.06%
GRMN	B	0.06%
WH	B	0.06%
DLB	B	0.06%
BMRN	D	0.06%
PSN	D	0.06%
TYL	B	0.06%
AAON	B	0.06%
NU	C	0.06%
CACC	D	0.06%
PATH	C	0.06%
RGA	A	0.06%
PCTY	B	0.06%
ALL	A	0.06%
MANH	D	0.06%
AVT	C	0.06%
TNL	A	0.06%
AFG	A	0.06%
TDC	D	0.06%
DT	C	0.06%
MSA	D	0.05%
CCK	C	0.05%
MAS	D	0.05%
LNW	D	0.05%
J	F	0.05%
WEX	D	0.05%
VRSK	A	0.05%
SSD	D	0.05%
TRU	D	0.05%
OLLI	D	0.05%
ALLE	D	0.05%
LFUS	F	0.05%
MIDD	C	0.05%
MSM	C	0.05%
BLDR	D	0.05%
BERY	B	0.05%
WWD	B	0.05%
AGCO	D	0.05%
ROST	C	0.05%
PPG	F	0.05%
LEA	D	0.05%
BC	C	0.05%
EXPD	D	0.05%
DG	F	0.05%
DOV	A	0.05%
SKX	D	0.05%
MKSI	C	0.05%
CRUS	D	0.05%
NDSN	B	0.05%
CNM	D	0.05%
LHX	C	0.05%
FND	C	0.05%
LEN	D	0.05%
HOG	D	0.05%
EEFT	B	0.05%
CGNX	C	0.05%
TSCO	D	0.05%
HRB	D	0.05%
GPC	D	0.05%
DKS	C	0.05%
BBY	D	0.05%
GPN	B	0.05%
MTN	C	0.05%
GGG	B	0.05%
APG	B	0.05%
LEG	F	0.05%
IPG	D	0.05%
FIVE	F	0.05%
SEE	C	0.05%
KEYS	A	0.05%
LII	A	0.05%
KSS	F	0.05%
PHM	D	0.05%
WSM	B	0.05%
BIRK	D	0.05%
ROL	B	0.05%
DLTR	F	0.05%
YUM	B	0.05%
FIS	C	0.05%
CHDN	B	0.05%
LKQ	D	0.05%
AZEK	A	0.05%
TXG	F	0.05%
BURL	A	0.05%
TREX	C	0.05%
PAYX	C	0.05%
AN	C	0.05%
ITT	A	0.05%
COLM	B	0.05%
CNH	C	0.05%
EBAY	D	0.05%
ETSY	D	0.05%
OTIS	C	0.05%
NVR	D	0.05%
HAS	D	0.05%
CDW	F	0.05%
KNX	B	0.05%
HUBB	B	0.05%
SN	D	0.05%
AXTA	A	0.05%
TER	D	0.05%
SNDR	B	0.05%
JBHT	C	0.05%
UHAL	D	0.05%
SW	A	0.05%
ATR	B	0.05%
SWKS	F	0.05%
HAYW	B	0.05%
ADTN	A	0.05%
MLM	B	0.05%
ACM	A	0.05%
OLED	D	0.05%
NXST	C	0.05%
NVT	B	0.05%
AL	B	0.05%
POOL	C	0.05%
YETI	C	0.05%
EXP	A	0.05%
ROK	B	0.05%
WAB	B	0.05%
CR	A	0.05%
SLGN	A	0.05%
ONTO	D	0.05%
DCI	B	0.05%
CSL	C	0.05%
HEI	B	0.05%
NYT	C	0.05%
RPM	A	0.05%
RRX	B	0.05%
JWN	C	0.05%
SITE	D	0.05%
PNR	A	0.05%
MCHP	D	0.05%
WSO	A	0.05%
TDY	B	0.05%
G	B	0.05%
DRI	B	0.05%
AAP	C	0.05%
LECO	B	0.05%
KMX	B	0.05%
MGM	D	0.05%
KEX	C	0.05%
MUSA	A	0.05%
IR	B	0.05%
AMKR	D	0.05%
GNTX	C	0.05%
VMI	B	0.05%
GXO	B	0.05%
MAT	D	0.05%
MTZ	B	0.05%
SIRI	C	0.05%
M	D	0.05%
TOL	B	0.05%
VMC	B	0.05%
URI	B	0.05%
OSK	B	0.05%
TKO	B	0.05%
AME	A	0.05%
DKNG	B	0.05%
VNT	B	0.05%
TRMB	B	0.05%
CZR	F	0.05%
HWM	A	0.05%
PKG	A	0.05%
XP	F	0.05%
VVV	F	0.05%
ULTA	F	0.05%
WEN	D	0.05%
OC	A	0.05%
CHRW	C	0.05%
MTCH	D	0.05%
PARA	C	0.05%
ELF	C	0.05%
GTES	A	0.05%
GWW	B	0.05%
CPAY	A	0.05%
GAP	C	0.05%
DPZ	C	0.05%
ODFL	B	0.05%
BWA	D	0.05%
BJ	A	0.05%
IEX	B	0.05%
WSC	D	0.04%
RIVN	F	0.04%
CNXC	F	0.04%
QRVO	F	0.04%
BFAM	D	0.04%
WING	D	0.04%
UWMC	D	0.04%
SWK	D	0.04%
CROX	D	0.04%
EFX	F	0.04%
CRI	D	0.04%
DOW	F	0.04%
MTD	D	0.04%
ACHC	F	0.04%
FCN	D	0.04%
MPWR	F	0.04%
WMS	D	0.04%
SPR	D	0.04%
APTV	D	0.04%
FBIN	D	0.04%
TTEK	F	0.04%
XYL	D	0.04%
PII	D	0.04%
MHK	D	0.04%
QS	F	0.04%
WU	D	0.04%
TXT	D	0.04%
BAH	F	0.04%
AOS	F	0.04%
VSTS	C	0.04%
CXT	B	0.04%
ST	F	0.04%
COTY	F	0.04%
MAN	D	0.04%
CLVT	F	0.04%
BALL	D	0.04%
VLTO	D	0.04%
W	F	0.04%
DHI	D	0.04%
AMCR	D	0.04%
ATI	D	0.04%
FTV	C	0.04%
GPK	C	0.04%
SON	D	0.04%
BLD	D	0.04%
JKHY	D	0.04%
DD	D	0.04%
LSTR	D	0.04%
TTC	D	0.04%
RKT	F	0.04%
CPRI	F	0.03%
LCID	F	0.03%
MDU	D	0.03%
HII	D	0.03%
SMCI	F	0.02%

EQAL Underweight 2 Positions Relative to IWL

	Symbol	Grade	Weight
	GOOG	C	-2.04%
	CRH	A	-0.16%