GVUS vs. IWS ETF Comparison

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

GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

GVUS 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 value segment of U.S. equity issuers, with a capping methodology.

Grade (RS Rating)

Last Trade

$50.44

Average Daily Volume

35,490

Number of Holdings ^*

836

* may have additional holdings in another (foreign) market

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

$137.38

Average Daily Volume

277,468

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

Performance

Period	GVUS	IWS
30 Days	2.39%	3.96%
60 Days	4.06%	5.27%
90 Days	5.58%	6.56%
12 Months		30.55%

679 Overlapping Holdings

	Symbol	Grade	Weight in GVUS	Weight in IWS	Overlap
	A	D	0.14%	0.41%	0.14%
	AA	A	0.04%	0.12%	0.04%
	AAL	B	0.03%	0.1%	0.03%
	AAP	D	0.01%	0.02%	0.01%
	ACGL	C	0.14%	0.4%	0.14%
	ACHC	F	0.01%	0.04%	0.01%
	ACI	C	0.03%	0.09%	0.03%
	ACM	B	0.06%	0.16%	0.06%
	ADC	A	0.03%	0.08%	0.03%
	ADM	D	0.1%	0.28%	0.1%
	AEE	A	0.09%	0.27%	0.09%
	AES	F	0.04%	0.11%	0.04%
	AFG	A	0.04%	0.11%	0.04%
	AFL	B	0.24%	0.68%	0.24%
	AFRM	A	0.05%	0.14%	0.05%
	AGCO	D	0.02%	0.06%	0.02%
	AGNC	C	0.03%	0.08%	0.03%
	AGO	B	0.02%	0.05%	0.02%
	AGR	A	0.01%	0.03%	0.01%
	AIZ	A	0.04%	0.13%	0.04%
	AJG	A	0.23%	0.65%	0.23%
	AKAM	D	0.05%	0.14%	0.05%
	AL	B	0.02%	0.06%	0.02%
	ALB	B	0.05%	0.13%	0.05%
	ALGM	D	0.01%	0.03%	0.01%
	ALGN	D	0.03%	0.08%	0.03%
	ALK	B	0.03%	0.07%	0.03%
	ALL	A	0.17%	0.48%	0.17%
	ALLE	C	0.05%	0.13%	0.05%
	ALLY	C	0.03%	0.1%	0.03%
	ALNY	D	0.01%	0.04%	0.01%
	ALSN	B	0.04%	0.11%	0.04%
	AM	A	0.01%	0.04%	0.01%
	AMCR	C	0.06%	0.16%	0.06%
	AME	A	0.17%	0.49%	0.17%
	AMED	F	0.01%	0.03%	0.01%
	AMG	B	0.02%	0.06%	0.02%
	AMH	C	0.05%	0.14%	0.05%
	AMKR	D	0.01%	0.03%	0.01%
	AMP	A	0.02%	0.06%	0.02%
	AN	C	0.02%	0.05%	0.02%
	ANSS	B	0.11%	0.32%	0.11%
	AOS	F	0.03%	0.1%	0.03%
	APA	D	0.03%	0.09%	0.03%
	APG	B	0.03%	0.09%	0.03%
	APTV	F	0.06%	0.16%	0.06%
	AR	B	0.03%	0.1%	0.03%
	ARE	F	0.07%	0.2%	0.07%
	ARMK	B	0.04%	0.11%	0.04%
	ARW	D	0.02%	0.07%	0.02%
	ASH	F	0.01%	0.04%	0.01%
	ATI	C	0.03%	0.08%	0.03%
	ATO	A	0.08%	0.24%	0.08%
	ATR	B	0.04%	0.12%	0.04%
	AVB	B	0.13%	0.36%	0.13%
	AVT	C	0.02%	0.05%	0.02%
	AVTR	F	0.05%	0.15%	0.05%
	AVY	F	0.04%	0.11%	0.04%
	AWI	A	0.02%	0.05%	0.02%
	AWK	C	0.1%	0.29%	0.1%
	AXS	A	0.03%	0.07%	0.03%
	AXTA	B	0.03%	0.1%	0.03%
	AYI	B	0.04%	0.11%	0.04%
	AZEK	A	0.01%	0.02%	0.01%
	AZTA	D	0.01%	0.02%	0.01%
	BALL	F	0.07%	0.21%	0.07%
	BAX	F	0.06%	0.18%	0.06%
	BBWI	C	0.03%	0.08%	0.03%
	BBY	D	0.08%	0.22%	0.08%
	BC	C	0.02%	0.06%	0.02%
	BEN	C	0.02%	0.07%	0.02%
	BERY	C	0.03%	0.08%	0.03%
	BFAM	D	0.02%	0.06%	0.02%
	BG	D	0.05%	0.14%	0.05%
	BHF	C	0.01%	0.03%	0.01%
	BIIB	F	0.09%	0.26%	0.09%
	BILL	A	0.03%	0.07%	0.03%
	BIO	C	0.02%	0.07%	0.02%
	BIRK	D	0.01%	0.02%	0.01%
	BJ	A	0.04%	0.13%	0.04%
	BK	A	0.22%	0.64%	0.22%
	BKR	A	0.17%	0.47%	0.17%
	BLD	D	0.04%	0.11%	0.04%
	BLDR	D	0.07%	0.21%	0.07%
	BMRN	F	0.05%	0.13%	0.05%
	BOKF	B	0.01%	0.03%	0.01%
	BPOP	C	0.02%	0.07%	0.02%
	BR	A	0.01%	0.03%	0.01%
	BRBR	A	0.04%	0.1%	0.04%
	BRKR	D	0.01%	0.02%	0.01%
	BRO	B	0.06%	0.16%	0.06%
	BROS	A	0.01%	0.03%	0.01%
	BRX	A	0.03%	0.1%	0.03%
	BWA	D	0.03%	0.09%	0.03%
	BWXT	B	0.04%	0.1%	0.04%
	BXP	C	0.05%	0.14%	0.05%
	BYD	B	0.02%	0.06%	0.02%
	CACC	D	0.0%	0.01%	0.0%
	CACI	D	0.04%	0.11%	0.04%
	CAG	F	0.05%	0.14%	0.05%
	CAH	B	0.05%	0.13%	0.05%
	CAR	C	0.0%	0.01%	0.0%
	CASY	A	0.05%	0.13%	0.05%
	CBOE	C	0.08%	0.23%	0.08%
	CBRE	B	0.16%	0.44%	0.16%
	CBSH	B	0.03%	0.09%	0.03%
	CC	C	0.01%	0.03%	0.01%
	CCI	C	0.18%	0.5%	0.18%
	CCK	D	0.04%	0.12%	0.04%
	CCL	A	0.09%	0.27%	0.09%
	CDW	F	0.05%	0.13%	0.05%
	CE	F	0.02%	0.07%	0.02%
	CERT	F	0.0%	0.01%	0.0%
	CF	A	0.06%	0.18%	0.06%
	CFG	B	0.08%	0.23%	0.08%
	CFR	B	0.03%	0.09%	0.03%
	CG	B	0.04%	0.12%	0.04%
	CGNX	D	0.03%	0.07%	0.03%
	CHD	A	0.1%	0.29%	0.1%
	CHE	D	0.03%	0.08%	0.03%
	CHRD	D	0.03%	0.09%	0.03%
	CHRW	B	0.05%	0.14%	0.05%
	CHTR	C	0.14%	0.4%	0.14%
	CIEN	C	0.04%	0.11%	0.04%
	CINF	A	0.09%	0.26%	0.09%
	CIVI	D	0.01%	0.04%	0.01%
	CLF	F	0.01%	0.04%	0.01%
	CLH	C	0.05%	0.14%	0.05%
	CLVT	D	0.01%	0.02%	0.01%
	CMA	B	0.04%	0.1%	0.04%
	CMI	A	0.19%	0.54%	0.19%
	CMS	C	0.08%	0.22%	0.08%
	CNA	C	0.0%	0.01%	0.0%
	CNC	D	0.12%	0.33%	0.12%
	CNH	C	0.04%	0.1%	0.04%
	CNM	D	0.01%	0.03%	0.01%
	CNP	A	0.08%	0.21%	0.08%
	CNXC	F	0.01%	0.02%	0.01%
	COHR	B	0.05%	0.14%	0.05%
	COIN	C	0.04%	0.11%	0.04%
	COKE	C	0.03%	0.08%	0.03%
	COLB	B	0.03%	0.07%	0.03%
	COLD	D	0.02%	0.07%	0.02%
	COLM	C	0.01%	0.03%	0.01%
	COTY	F	0.01%	0.03%	0.01%
	CPB	D	0.03%	0.09%	0.03%
	CPRI	F	0.01%	0.03%	0.01%
	CPT	B	0.05%	0.14%	0.05%
	CR	A	0.03%	0.09%	0.03%
	CRI	F	0.01%	0.02%	0.01%
	CRL	D	0.04%	0.11%	0.04%
	CROX	D	0.02%	0.05%	0.02%
	CRUS	D	0.02%	0.06%	0.02%
	CSGP	D	0.11%	0.32%	0.11%
	CSL	C	0.07%	0.19%	0.07%
	CTLT	C	0.04%	0.12%	0.04%
	CTRA	B	0.07%	0.21%	0.07%
	CTSH	B	0.15%	0.42%	0.15%
	CTVA	C	0.15%	0.43%	0.15%
	CUBE	C	0.04%	0.12%	0.04%
	CUZ	B	0.02%	0.05%	0.02%
	CVNA	B	0.06%	0.19%	0.06%
	CW	C	0.05%	0.15%	0.05%
	CWEN	C	0.0%	0.03%	0.0%
	CWEN	C	0.0%	0.01%	0.0%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.01%	0.03%	0.01%
	CXT	C	0.01%	0.03%	0.01%
	CZR	F	0.03%	0.09%	0.03%
	DAL	B	0.16%	0.45%	0.16%
	DAR	C	0.03%	0.08%	0.03%
	DAY	B	0.04%	0.11%	0.04%
	DBX	B	0.02%	0.05%	0.02%
	DCI	B	0.04%	0.1%	0.04%
	DD	C	0.13%	0.38%	0.13%
	DDS	B	0.01%	0.01%	0.01%
	DFS	B	0.17%	0.48%	0.17%
	DG	F	0.06%	0.18%	0.06%
	DGX	A	0.07%	0.2%	0.07%
	DHI	F	0.19%	0.53%	0.19%
	DINO	D	0.03%	0.07%	0.03%
	DJT	C	0.0%	0.01%	0.0%
	DKS	D	0.04%	0.11%	0.04%
	DLB	B	0.02%	0.05%	0.02%
	DLR	B	0.23%	0.64%	0.23%
	DLTR	F	0.05%	0.14%	0.05%
	DNB	B	0.01%	0.04%	0.01%
	DOC	C	0.06%	0.16%	0.06%
	DOCS	C	0.02%	0.06%	0.02%
	DOV	A	0.11%	0.3%	0.11%
	DOW	F	0.12%	0.34%	0.12%
	DOX	D	0.04%	0.11%	0.04%
	DPZ	C	0.04%	0.11%	0.04%
	DRI	B	0.04%	0.1%	0.04%
	DTE	C	0.1%	0.27%	0.1%
	DTM	A	0.04%	0.11%	0.04%
	DV	C	0.0%	0.01%	0.0%
	DVN	F	0.09%	0.27%	0.09%
	DXC	B	0.01%	0.04%	0.01%
	EA	A	0.17%	0.47%	0.17%
	EBAY	D	0.12%	0.34%	0.12%
	ED	C	0.13%	0.37%	0.13%
	EEFT	B	0.02%	0.05%	0.02%
	EFX	F	0.09%	0.27%	0.09%
	EG	C	0.05%	0.15%	0.05%
	EGP	D	0.03%	0.09%	0.03%
	EHC	B	0.04%	0.11%	0.04%
	EIX	B	0.12%	0.35%	0.12%
	ELAN	D	0.03%	0.08%	0.03%
	ELS	C	0.05%	0.14%	0.05%
	EME	A	0.05%	0.15%	0.05%
	EMN	C	0.05%	0.13%	0.05%
	ENOV	C	0.01%	0.03%	0.01%
	EPAM	B	0.05%	0.13%	0.05%
	EPR	C	0.01%	0.04%	0.01%
	EQR	C	0.11%	0.31%	0.11%
	EQT	B	0.09%	0.26%	0.09%
	ES	C	0.08%	0.24%	0.08%
	ESAB	C	0.03%	0.08%	0.03%
	ESI	B	0.02%	0.07%	0.02%
	ESS	B	0.08%	0.21%	0.08%
	ETR	B	0.12%	0.35%	0.12%
	ETSY	D	0.01%	0.02%	0.01%
	EVR	B	0.04%	0.12%	0.04%
	EVRG	A	0.06%	0.16%	0.06%
	EWBC	A	0.06%	0.16%	0.06%
	EXAS	D	0.02%	0.06%	0.02%
	EXC	C	0.15%	0.43%	0.15%
	EXEL	B	0.01%	0.02%	0.01%
	EXP	B	0.01%	0.03%	0.01%
	EXPD	C	0.06%	0.16%	0.06%
	EXR	C	0.13%	0.38%	0.13%
	FAF	A	0.03%	0.07%	0.03%
	FANG	C	0.13%	0.37%	0.13%
	FAST	B	0.03%	0.08%	0.03%
	FBIN	D	0.04%	0.1%	0.04%
	FCN	F	0.03%	0.08%	0.03%
	FCNCA	A	0.1%	0.29%	0.1%
	FDS	B	0.05%	0.13%	0.05%
	FE	C	0.09%	0.26%	0.09%
	FFIV	B	0.05%	0.15%	0.05%
	FHB	B	0.01%	0.04%	0.01%
	FHN	A	0.04%	0.12%	0.04%
	FICO	B	0.03%	0.09%	0.03%
	FIS	C	0.19%	0.54%	0.19%
	FITB	B	0.12%	0.35%	0.12%
	FIVE	F	0.0%	0.01%	0.0%
	FLO	D	0.02%	0.04%	0.02%
	FLS	B	0.03%	0.09%	0.03%
	FMC	D	0.03%	0.07%	0.03%
	FNB	A	0.02%	0.06%	0.02%
	FND	D	0.03%	0.08%	0.03%
	FNF	B	0.06%	0.18%	0.06%
	FOX	A	0.02%	0.06%	0.02%
	FOXA	A	0.04%	0.12%	0.04%
	FR	D	0.03%	0.08%	0.03%
	FRPT	A	0.02%	0.05%	0.02%
	FRT	B	0.04%	0.1%	0.04%
	FSLR	F	0.08%	0.22%	0.08%
	FTI	A	0.05%	0.13%	0.05%
	FTRE	D	0.01%	0.02%	0.01%
	FTV	C	0.1%	0.29%	0.1%
	FYBR	C	0.03%	0.09%	0.03%
	G	B	0.03%	0.09%	0.03%
	GAP	C	0.02%	0.05%	0.02%
	GEHC	D	0.13%	0.37%	0.13%
	GEN	B	0.06%	0.18%	0.06%
	GFS	C	0.01%	0.04%	0.01%
	GGG	B	0.06%	0.16%	0.06%
	GIS	D	0.14%	0.39%	0.14%
	GL	C	0.04%	0.11%	0.04%
	GLOB	B	0.01%	0.02%	0.01%
	GLPI	C	0.05%	0.14%	0.05%
	GLW	B	0.14%	0.39%	0.14%
	GME	C	0.04%	0.11%	0.04%
	GMED	A	0.04%	0.1%	0.04%
	GNRC	C	0.02%	0.06%	0.02%
	GNTX	C	0.03%	0.08%	0.03%
	GO	C	0.01%	0.02%	0.01%
	GPC	D	0.07%	0.19%	0.07%
	GPK	C	0.03%	0.09%	0.03%
	GPN	B	0.11%	0.33%	0.11%
	GRMN	B	0.12%	0.36%	0.12%
	GTES	A	0.02%	0.05%	0.02%
	GWRE	A	0.03%	0.1%	0.03%
	GWW	B	0.03%	0.07%	0.03%
	GXO	B	0.03%	0.08%	0.03%
	H	B	0.02%	0.06%	0.02%
	HAL	C	0.1%	0.29%	0.1%
	HAS	D	0.0%	0.01%	0.0%
	HAYW	B	0.01%	0.03%	0.01%
	HBAN	A	0.1%	0.28%	0.1%
	HCP	B	0.0%	0.01%	0.0%
	HES	B	0.06%	0.16%	0.06%
	HHH	B	0.01%	0.03%	0.01%
	HIG	B	0.13%	0.38%	0.13%
	HII	F	0.03%	0.08%	0.03%
	HIW	C	0.01%	0.04%	0.01%
	HLI	A	0.03%	0.1%	0.03%
	HLT	A	0.12%	0.33%	0.12%
	HOG	D	0.02%	0.04%	0.02%
	HOLX	D	0.07%	0.2%	0.07%
	HOOD	B	0.08%	0.24%	0.08%
	HPE	B	0.11%	0.3%	0.11%
	HPQ	B	0.11%	0.3%	0.11%
	HRB	D	0.03%	0.07%	0.03%
	HRL	D	0.03%	0.09%	0.03%
	HSIC	C	0.03%	0.1%	0.03%
	HST	C	0.05%	0.13%	0.05%
	HSY	F	0.08%	0.24%	0.08%
	HUBB	B	0.09%	0.26%	0.09%
	HUM	C	0.13%	0.37%	0.13%
	HUN	F	0.01%	0.04%	0.01%
	HWM	A	0.17%	0.47%	0.17%
	HXL	F	0.02%	0.05%	0.02%
	IAC	F	0.01%	0.04%	0.01%
	IBKR	A	0.07%	0.21%	0.07%
	IDA	A	0.02%	0.07%	0.02%
	IEX	C	0.07%	0.19%	0.07%
	IFF	D	0.09%	0.24%	0.09%
	ILMN	C	0.08%	0.24%	0.08%
	INCY	C	0.04%	0.13%	0.04%
	INFA	D	0.0%	0.02%	0.0%
	INGR	C	0.04%	0.1%	0.04%
	INVH	D	0.08%	0.23%	0.08%
	IONS	F	0.0%	0.0%	0.0%
	IP	A	0.08%	0.22%	0.08%
	IPG	D	0.04%	0.11%	0.04%
	IPGP	D	0.01%	0.02%	0.01%
	IQV	F	0.12%	0.34%	0.12%
	IR	B	0.16%	0.45%	0.16%
	IRDM	D	0.01%	0.03%	0.01%
	IRM	C	0.06%	0.16%	0.06%
	ITT	A	0.05%	0.14%	0.05%
	IVZ	B	0.03%	0.07%	0.03%
	J	D	0.07%	0.19%	0.07%
	JAZZ	B	0.03%	0.08%	0.03%
	JBHT	C	0.06%	0.16%	0.06%
	JBL	C	0.05%	0.14%	0.05%
	JEF	A	0.04%	0.1%	0.04%
	JHG	B	0.02%	0.06%	0.02%
	JKHY	D	0.05%	0.14%	0.05%
	JLL	D	0.03%	0.09%	0.03%
	JNPR	D	0.05%	0.13%	0.05%
	JWN	D	0.01%	0.03%	0.01%
	K	A	0.08%	0.23%	0.08%
	KBR	F	0.03%	0.08%	0.03%
	KD	B	0.02%	0.07%	0.02%
	KEX	B	0.03%	0.08%	0.03%
	KEY	B	0.07%	0.2%	0.07%
	KEYS	A	0.1%	0.29%	0.1%
	KIM	A	0.06%	0.18%	0.06%
	KMI	A	0.21%	0.58%	0.21%
	KMPR	A	0.02%	0.05%	0.02%
	KMX	B	0.04%	0.13%	0.04%
	KNX	C	0.03%	0.1%	0.03%
	KR	B	0.15%	0.42%	0.15%
	KRC	B	0.02%	0.05%	0.02%
	KSS	F	0.01%	0.02%	0.01%
	KVUE	A	0.18%	0.5%	0.18%
	L	A	0.06%	0.17%	0.06%
	LAD	A	0.04%	0.11%	0.04%
	LAMR	C	0.03%	0.09%	0.03%
	LBRDA	C	0.0%	0.01%	0.0%
	LBRDK	C	0.03%	0.08%	0.03%
	LCID	F	0.01%	0.02%	0.01%
	LDOS	C	0.08%	0.24%	0.08%
	LEA	F	0.02%	0.06%	0.02%
	LECO	C	0.03%	0.09%	0.03%
	LEG	F	0.01%	0.02%	0.01%
	LEN	D	0.01%	0.02%	0.01%
	LEN	D	0.16%	0.44%	0.16%
	LEN	D	0.01%	0.44%	0.01%
	LEN	D	0.16%	0.02%	0.02%
	LFUS	D	0.02%	0.06%	0.02%
	LH	B	0.08%	0.22%	0.08%
	LHX	C	0.18%	0.51%	0.18%
	LITE	B	0.02%	0.06%	0.02%
	LKQ	F	0.04%	0.11%	0.04%
	LNC	C	0.02%	0.07%	0.02%
	LNG	A	0.09%	0.26%	0.09%
	LNT	A	0.06%	0.17%	0.06%
	LOPE	C	0.01%	0.03%	0.01%
	LPX	B	0.01%	0.02%	0.01%
	LSCC	D	0.0%	0.01%	0.0%
	LSTR	D	0.03%	0.07%	0.03%
	LUV	C	0.08%	0.21%	0.08%
	LW	C	0.03%	0.08%	0.03%
	LYB	F	0.08%	0.24%	0.08%
	LYFT	C	0.01%	0.02%	0.01%
	M	F	0.02%	0.05%	0.02%
	MAA	B	0.07%	0.2%	0.07%
	MAN	F	0.01%	0.03%	0.01%
	MAS	D	0.07%	0.19%	0.07%
	MASI	B	0.01%	0.04%	0.01%
	MAT	D	0.02%	0.07%	0.02%
	MCHP	F	0.13%	0.37%	0.13%
	MDU	D	0.01%	0.04%	0.01%
	MGM	D	0.03%	0.1%	0.03%
	MHK	D	0.03%	0.08%	0.03%
	MIDD	C	0.03%	0.08%	0.03%
	MKC	C	0.07%	0.21%	0.07%
	MKL	A	0.06%	0.18%	0.06%
	MKSI	C	0.03%	0.07%	0.03%
	MKTX	D	0.04%	0.11%	0.04%
	MLM	C	0.13%	0.37%	0.13%
	MOH	F	0.02%	0.07%	0.02%
	MOS	F	0.03%	0.09%	0.03%
	MP	C	0.01%	0.03%	0.01%
	MPW	F	0.01%	0.03%	0.01%
	MRO	B	0.06%	0.18%	0.06%
	MSA	F	0.02%	0.07%	0.02%
	MSCI	C	0.08%	0.21%	0.08%
	MSGS	A	0.01%	0.04%	0.01%
	MSM	C	0.01%	0.04%	0.01%
	MSTR	B	0.19%	0.55%	0.19%
	MTB	A	0.14%	0.39%	0.14%
	MTCH	D	0.03%	0.09%	0.03%
	MTD	F	0.1%	0.27%	0.1%
	MTDR	B	0.02%	0.07%	0.02%
	MTG	C	0.03%	0.07%	0.03%
	MTN	C	0.0%	0.01%	0.0%
	MTSI	B	0.03%	0.08%	0.03%
	MTZ	B	0.03%	0.09%	0.03%
	NCNO	C	0.0%	0.01%	0.0%
	NDAQ	A	0.13%	0.36%	0.13%
	NDSN	B	0.06%	0.16%	0.06%
	NEU	D	0.01%	0.04%	0.01%
	NFG	A	0.02%	0.06%	0.02%
	NI	A	0.06%	0.18%	0.06%
	NNN	C	0.03%	0.08%	0.03%
	NOV	C	0.02%	0.07%	0.02%
	NRG	B	0.04%	0.12%	0.04%
	NSA	C	0.01%	0.03%	0.01%
	NTAP	C	0.05%	0.15%	0.05%
	NTNX	B	0.05%	0.13%	0.05%
	NTRS	A	0.08%	0.24%	0.08%
	NUE	C	0.14%	0.39%	0.14%
	NVR	D	0.1%	0.28%	0.1%
	NVST	B	0.01%	0.04%	0.01%
	NVT	B	0.05%	0.13%	0.05%
	NWL	C	0.02%	0.04%	0.02%
	NWS	A	0.01%	0.04%	0.01%
	NWSA	A	0.04%	0.12%	0.04%
	NXST	C	0.01%	0.03%	0.01%
	NYT	D	0.03%	0.09%	0.03%
	O	C	0.19%	0.54%	0.19%
	OC	A	0.07%	0.18%	0.07%
	OGE	A	0.03%	0.09%	0.03%
	OGN	F	0.02%	0.04%	0.02%
	OHI	C	0.04%	0.11%	0.04%
	OKE	A	0.25%	0.7%	0.25%
	OKTA	C	0.02%	0.07%	0.02%
	OLED	F	0.01%	0.04%	0.01%
	OLLI	D	0.02%	0.06%	0.02%
	OLN	F	0.02%	0.05%	0.02%
	OMC	C	0.07%	0.21%	0.07%
	OMF	A	0.02%	0.07%	0.02%
	ON	D	0.11%	0.31%	0.11%
	ONTO	F	0.02%	0.06%	0.02%
	ORI	A	0.04%	0.1%	0.04%
	OSK	C	0.03%	0.08%	0.03%
	OTIS	C	0.16%	0.44%	0.16%
	OVV	B	0.05%	0.13%	0.05%
	OZK	B	0.02%	0.06%	0.02%
	PAG	B	0.01%	0.03%	0.01%
	PARA	C	0.02%	0.07%	0.02%
	PATH	C	0.0%	0.01%	0.0%
	PAYC	B	0.02%	0.05%	0.02%
	PAYX	B	0.11%	0.32%	0.11%
	PB	B	0.03%	0.08%	0.03%
	PCG	A	0.18%	0.49%	0.18%
	PEG	A	0.17%	0.49%	0.17%
	PENN	C	0.01%	0.03%	0.01%
	PFG	D	0.08%	0.22%	0.08%
	PFGC	B	0.04%	0.12%	0.04%
	PHM	D	0.1%	0.29%	0.1%
	PII	F	0.01%	0.04%	0.01%
	PINC	B	0.01%	0.03%	0.01%
	PK	C	0.01%	0.03%	0.01%
	PKG	A	0.08%	0.23%	0.08%
	PLNT	A	0.01%	0.04%	0.01%
	PNFP	B	0.04%	0.1%	0.04%
	PNR	A	0.07%	0.19%	0.07%
	PNW	A	0.04%	0.11%	0.04%
	POST	C	0.02%	0.06%	0.02%
	PPC	C	0.01%	0.02%	0.01%
	PPG	F	0.11%	0.32%	0.11%
	PPL	A	0.1%	0.27%	0.1%
	PR	B	0.03%	0.08%	0.03%
	PRGO	C	0.01%	0.04%	0.01%
	PRI	B	0.04%	0.11%	0.04%
	PRU	A	0.18%	0.5%	0.18%
	PSN	D	0.02%	0.05%	0.02%
	PSTG	D	0.01%	0.02%	0.01%
	PTC	B	0.03%	0.1%	0.03%
	PVH	C	0.02%	0.06%	0.02%
	PWR	A	0.13%	0.36%	0.13%
	PYCR	B	0.0%	0.01%	0.0%
	QRVO	F	0.02%	0.07%	0.02%
	QS	F	0.01%	0.02%	0.01%
	R	B	0.03%	0.08%	0.03%
	RBC	A	0.03%	0.1%	0.03%
	RCL	A	0.14%	0.39%	0.14%
	RCM	A	0.01%	0.02%	0.01%
	REG	A	0.05%	0.15%	0.05%
	REXR	F	0.04%	0.1%	0.04%
	REYN	D	0.01%	0.02%	0.01%
	RF	A	0.09%	0.27%	0.09%
	RGA	A	0.06%	0.17%	0.06%
	RGEN	D	0.02%	0.07%	0.02%
	RGLD	C	0.04%	0.1%	0.04%
	RH	C	0.01%	0.04%	0.01%
	RHI	C	0.03%	0.08%	0.03%
	RIVN	F	0.03%	0.09%	0.03%
	RJF	A	0.12%	0.33%	0.12%
	RKT	F	0.01%	0.02%	0.01%
	RL	C	0.03%	0.09%	0.03%
	RLI	A	0.03%	0.08%	0.03%
	RMD	C	0.1%	0.27%	0.1%
	RNR	C	0.05%	0.15%	0.05%
	ROIV	C	0.02%	0.05%	0.02%
	ROK	C	0.12%	0.33%	0.12%
	ROKU	D	0.03%	0.08%	0.03%
	ROST	D	0.14%	0.39%	0.14%
	RPM	A	0.05%	0.15%	0.05%
	RPRX	D	0.04%	0.11%	0.04%
	RRC	B	0.03%	0.09%	0.03%
	RRX	B	0.04%	0.12%	0.04%
	RS	B	0.07%	0.2%	0.07%
	RVTY	F	0.05%	0.15%	0.05%
	RYN	D	0.02%	0.05%	0.02%
	S	B	0.02%	0.07%	0.02%
	SAIA	B	0.02%	0.06%	0.02%
	SAIC	F	0.02%	0.07%	0.02%
	SAM	C	0.01%	0.02%	0.01%
	SBAC	D	0.09%	0.26%	0.09%
	SCI	B	0.05%	0.13%	0.05%
	SEB	F	0.0%	0.01%	0.0%
	SEE	C	0.02%	0.03%	0.02%
	SEG	B	0.0%	0.0%	0.0%
	SEIC	B	0.03%	0.09%	0.03%
	SF	B	0.04%	0.13%	0.04%
	SHC	F	0.01%	0.02%	0.01%
	SIRI	C	0.02%	0.07%	0.02%
	SITE	F	0.02%	0.04%	0.02%
	SJM	D	0.04%	0.12%	0.04%
	SKX	D	0.03%	0.08%	0.03%
	SLGN	A	0.02%	0.05%	0.02%
	SLM	A	0.02%	0.06%	0.02%
	SMG	C	0.01%	0.04%	0.01%
	SN	D	0.02%	0.06%	0.02%
	SNA	A	0.07%	0.2%	0.07%
	SNDR	B	0.01%	0.02%	0.01%
	SNV	C	0.03%	0.09%	0.03%
	SNX	D	0.03%	0.1%	0.03%
	SOFI	B	0.05%	0.13%	0.05%
	SOLV	D	0.04%	0.1%	0.04%
	SON	F	0.02%	0.05%	0.02%
	SPB	C	0.01%	0.03%	0.01%
	SPG	A	0.17%	0.48%	0.17%
	SPR	D	0.01%	0.03%	0.01%
	SQ	A	0.11%	0.3%	0.11%
	SSD	F	0.03%	0.08%	0.03%
	SSNC	B	0.06%	0.17%	0.06%
	ST	F	0.02%	0.05%	0.02%
	STAG	D	0.03%	0.07%	0.03%
	STE	D	0.08%	0.24%	0.08%
	STLD	B	0.08%	0.23%	0.08%
	STT	B	0.11%	0.32%	0.11%
	STWD	C	0.02%	0.07%	0.02%
	SUI	C	0.06%	0.17%	0.06%
	SW	A	0.1%	0.29%	0.1%
	SWK	D	0.05%	0.14%	0.05%
	SWKS	F	0.05%	0.15%	0.05%
	SYF	B	0.1%	0.28%	0.1%
	SYY	D	0.06%	0.16%	0.06%
	TAP	C	0.04%	0.12%	0.04%
	TDY	B	0.08%	0.24%	0.08%
	TECH	F	0.04%	0.12%	0.04%
	TER	F	0.01%	0.02%	0.01%
	TFSL	A	0.0%	0.01%	0.0%
	TFX	F	0.04%	0.1%	0.04%
	THC	D	0.06%	0.16%	0.06%
	THG	A	0.02%	0.06%	0.02%
	THO	B	0.02%	0.06%	0.02%
	TKO	A	0.03%	0.09%	0.03%
	TKR	D	0.02%	0.05%	0.02%
	TNL	A	0.01%	0.04%	0.01%
	TOL	B	0.06%	0.17%	0.06%
	TPG	A	0.02%	0.05%	0.02%
	TPR	B	0.05%	0.14%	0.05%
	TRIP	F	0.01%	0.02%	0.01%
	TRMB	B	0.07%	0.19%	0.07%
	TROW	B	0.1%	0.29%	0.1%
	TRU	D	0.07%	0.19%	0.07%
	TSN	B	0.07%	0.2%	0.07%
	TTC	C	0.03%	0.09%	0.03%
	TTEK	F	0.03%	0.1%	0.03%
	TTWO	A	0.12%	0.34%	0.12%
	TW	A	0.04%	0.1%	0.04%
	TWLO	A	0.05%	0.15%	0.05%
	TXG	F	0.0%	0.01%	0.0%
	TXT	D	0.06%	0.17%	0.06%
	TYL	B	0.01%	0.04%	0.01%
	U	C	0.01%	0.03%	0.01%
	UA	C	0.01%	0.02%	0.01%
	UAA	C	0.01%	0.02%	0.01%
	UAL	A	0.12%	0.33%	0.12%
	UDR	B	0.06%	0.16%	0.06%
	UGI	C	0.02%	0.06%	0.02%
	UHAL	D	0.01%	0.04%	0.01%
	UHAL	D	0.01%	0.0%	0.0%
	UHS	D	0.05%	0.13%	0.05%
	ULTA	F	0.01%	0.03%	0.01%
	UNM	A	0.05%	0.15%	0.05%
	URI	C	0.17%	0.46%	0.17%
	USFD	A	0.06%	0.16%	0.06%
	UTHR	C	0.06%	0.17%	0.06%
	UWMC	D	0.0%	0.0%	0.0%
	VAC	C	0.01%	0.03%	0.01%
	VFC	C	0.03%	0.08%	0.03%
	VICI	C	0.13%	0.36%	0.13%
	VIRT	A	0.01%	0.03%	0.01%
	VLTO	C	0.05%	0.15%	0.05%
	VMC	B	0.11%	0.3%	0.11%
	VMI	B	0.03%	0.07%	0.03%
	VNO	C	0.03%	0.08%	0.03%
	VNT	C	0.02%	0.07%	0.02%
	VOYA	B	0.03%	0.09%	0.03%
	VRSN	C	0.06%	0.16%	0.06%
	VSTS	C	0.01%	0.02%	0.01%
	VTR	B	0.1%	0.28%	0.1%
	VTRS	A	0.06%	0.17%	0.06%
	W	D	0.01%	0.04%	0.01%
	WAB	B	0.13%	0.38%	0.13%
	WAL	B	0.04%	0.11%	0.04%
	WAT	C	0.03%	0.09%	0.03%
	WBA	F	0.02%	0.07%	0.02%
	WBD	B	0.09%	0.25%	0.09%
	WBS	A	0.04%	0.11%	0.04%
	WCC	B	0.04%	0.1%	0.04%
	WDC	D	0.08%	0.23%	0.08%
	WEC	A	0.12%	0.34%	0.12%
	WEN	D	0.01%	0.02%	0.01%
	WEX	D	0.03%	0.07%	0.03%
	WH	B	0.03%	0.07%	0.03%
	WHR	B	0.02%	0.07%	0.02%
	WLK	D	0.02%	0.05%	0.02%
	WMB	A	0.27%	0.76%	0.27%
	WMS	F	0.02%	0.06%	0.02%
	WOLF	F	0.0%	0.01%	0.0%
	WPC	C	0.05%	0.13%	0.05%
	WRB	A	0.07%	0.2%	0.07%
	WSC	F	0.02%	0.05%	0.02%
	WSM	C	0.03%	0.07%	0.03%
	WSO	A	0.07%	0.2%	0.07%
	WST	C	0.03%	0.1%	0.03%
	WTFC	A	0.03%	0.09%	0.03%
	WTM	A	0.02%	0.05%	0.02%
	WTRG	B	0.04%	0.11%	0.04%
	WTW	B	0.12%	0.35%	0.12%
	WU	F	0.01%	0.03%	0.01%
	WWD	C	0.04%	0.11%	0.04%
	WY	F	0.09%	0.25%	0.09%
	WYNN	C	0.03%	0.09%	0.03%
	X	B	0.03%	0.09%	0.03%
	XEL	A	0.15%	0.43%	0.15%
	XRAY	F	0.01%	0.04%	0.01%
	XYL	D	0.11%	0.32%	0.11%
	YETI	D	0.01%	0.03%	0.01%
	YUM	D	0.09%	0.26%	0.09%
	Z	A	0.05%	0.13%	0.05%
	ZBH	C	0.09%	0.25%	0.09%
	ZBRA	B	0.06%	0.17%	0.06%
	ZG	A	0.01%	0.04%	0.01%
	ZI	D	0.01%	0.03%	0.01%
	ZION	B	0.03%	0.1%	0.03%
	ZM	C	0.08%	0.24%	0.08%

GVUS Overweight 162 Positions Relative to IWS

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	JPM	A	2.73%
	XOM	B	2.08%
	UNH	B	1.98%
	JNJ	C	1.44%
	WMT	A	1.42%
	BAC	A	1.23%
	PG	C	1.21%
	CVX	A	1.08%
	WFC	A	1.01%
	CSCO	B	0.91%
	ACN	B	0.86%
	LIN	C	0.84%
	DIS	B	0.82%
	PM	B	0.78%
	ABT	B	0.78%
	MCD	D	0.77%
	TMO	F	0.76%
	IBM	C	0.73%
	VZ	C	0.68%
	ABBV	F	0.65%
	CMCSA	B	0.64%
	TXN	C	0.63%
	CAT	B	0.63%
	T	A	0.63%
	NEE	C	0.61%
	SPGI	C	0.61%
	RTX	D	0.61%
	LOW	C	0.6%
	BLK	B	0.6%
	GE	D	0.59%
	DHR	F	0.58%
	MS	A	0.57%
	ETN	A	0.56%
	PFE	F	0.55%
	GS	A	0.53%
	COP	C	0.51%
	C	A	0.51%
	BSX	A	0.5%
	HON	C	0.49%
	CB	C	0.45%
	MDT	D	0.44%
	TMUS	B	0.44%
	BMY	B	0.44%
	GILD	C	0.43%
	SCHW	B	0.42%
	PLD	F	0.41%
	MU	D	0.41%
	ADI	D	0.4%
	KO	D	0.4%
	INTC	C	0.4%
	SYK	B	0.39%
	DE	B	0.39%
	AXP	A	0.39%
	UPS	C	0.38%
	MMC	B	0.37%
	MO	A	0.37%
	SO	C	0.37%
	PH	A	0.35%
	GEV	B	0.35%
	MDLZ	F	0.34%
	DUK	C	0.34%
	PYPL	B	0.34%
	ICE	C	0.34%
	CME	B	0.32%
	CI	D	0.32%
	WELL	A	0.32%
	HD	B	0.32%
	FI	A	0.32%
	PNC	B	0.32%
	GD	D	0.31%
	ELV	F	0.31%
	EQIX	A	0.31%
	BA	F	0.31%
	EOG	A	0.3%
	USB	A	0.3%
	LMT	D	0.3%
	AMD	F	0.29%
	AON	A	0.29%
	UNP	C	0.29%
	KKR	A	0.28%
	EMR	B	0.28%
	REGN	F	0.28%
	CSX	C	0.27%
	MRVL	B	0.27%
	COF	C	0.27%
	TGT	F	0.27%
	APD	A	0.27%
	FDX	B	0.26%
	CVS	D	0.26%
	NOC	D	0.26%
	GM	C	0.25%
	MAR	A	0.25%
	BDX	F	0.25%
	TT	A	0.24%
	FCX	F	0.24%
	SLB	C	0.24%
	TFC	A	0.24%
	CARR	C	0.24%
	MMM	D	0.23%
	SRE	A	0.23%
	ROP	B	0.23%
	NSC	B	0.23%
	CEG	C	0.23%
	TRV	B	0.23%
	VRTX	D	0.23%
	MPC	D	0.22%
	TJX	A	0.22%
	JCI	B	0.22%
	PCAR	B	0.22%
	TDG	D	0.21%
	PSX	C	0.21%
	AEP	C	0.2%
	D	C	0.19%
	HCA	F	0.19%
	MET	A	0.19%
	AIG	B	0.19%
	ITW	B	0.19%
	PEP	F	0.18%
	CRM	B	0.18%
	NEM	D	0.18%
	RSG	A	0.17%
	F	C	0.17%
	PSA	C	0.17%
	MCK	A	0.17%
	VLO	C	0.17%
	MSI	B	0.16%
	STZ	D	0.15%
	APH	A	0.14%
	NKE	F	0.14%
	KDP	F	0.14%
	EW	C	0.13%
	OXY	D	0.13%
	AMGN	F	0.13%
	CL	D	0.13%
	DELL	B	0.12%
	KHC	F	0.11%
	SBUX	A	0.1%
	KMB	C	0.1%
	PGR	A	0.09%
	APO	B	0.08%
	RBA	A	0.07%
	MRNA	F	0.05%
	ZTS	D	0.05%
	QGEN	D	0.04%
	ADP	A	0.04%
	EL	F	0.04%
	BKNG	A	0.04%
	FTNT	C	0.04%
	QCOM	F	0.04%
	AMAT	F	0.04%
	MNST	C	0.03%
	DASH	B	0.03%
	CRBG	B	0.03%
	SHW	B	0.03%
	ECL	D	0.03%
	AZO	C	0.02%
	ORLY	B	0.02%
	XP	F	0.02%
	ADTN	A	0.01%
	CPRT	B	0.01%
	CTAS	B	0.01%

GVUS Underweight 32 Positions Relative to IWS

	Symbol	Grade	Weight
	FERG	B	-0.42%
	EXE	A	-0.24%
	COO	D	-0.21%
	FWONK	A	-0.12%
	NLY	C	-0.11%
	CART	C	-0.08%
	HR	B	-0.07%
	AZPN	A	-0.07%
	CCCS	B	-0.06%
	RITM	C	-0.06%
	VNOM	A	-0.04%
	LINE	F	-0.04%
	ECG	C	-0.03%
	SNRE	D	-0.03%
	LLYVK	A	-0.03%
	AMTM	D	-0.03%
	ALAB	B	-0.02%
	LBTYK	A	-0.02%
	QDEL	F	-0.02%
	LBTYA	F	-0.02%
	ADT	C	-0.02%
	PLTK	B	-0.01%
	CHH	A	-0.01%
	UI	B	-0.01%
	FWONA	A	-0.01%
	AS	A	-0.01%
	LLYVA	A	-0.01%
	LOAR	B	-0.0%
	PARAA	B	-0.0%
	NFE	D	-0.0%
	GRAL	B	-0.0%
	LAZ	B	-0.0%

GVUS: Top Represented Industries & Keywords

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

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

IWS: Top Represented Industries & Keywords

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

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Insurance Nasdaq 100 Bank Banking Electronics Computing Aerospace Chemical Electricity Mining Telecommunications Insurance Products Semiconductor Beverage Biotechnology Oil And Gas Plastic