ILCB vs. IUSG ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to iShares Core U.S. Growth ETF (IUSG)

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-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. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$82.76

Average Daily Volume

40,854

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

IUSG

iShares Core U.S. Growth ETF

IUSG Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit growth 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 3000 Growth Index (the "underlying index"), which measures the performance of the growth sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$137.37

Average Daily Volume

436,059

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	IUSG
30 Days	3.62%	3.53%
60 Days	4.81%	5.09%
90 Days	6.51%	6.52%
12 Months	32.50%	37.61%

283 Overlapping Holdings

	Symbol	Grade	Weight in ILCB	Weight in IUSG	Overlap
	AAPL	C	6.21%	11.43%	6.21%
	ABBV	D	0.56%	0.36%	0.36%
	ABNB	C	0.11%	0.1%	0.1%
	ACGL	D	0.07%	0.12%	0.07%
	ACM	B	0.03%	0.02%	0.02%
	ACN	C	0.43%	0.39%	0.39%
	ADBE	C	0.43%	0.73%	0.43%
	ADI	D	0.2%	0.2%	0.2%
	ADP	B	0.23%	0.16%	0.16%
	ADSK	A	0.12%	0.11%	0.11%
	AJG	B	0.12%	0.11%	0.11%
	AKAM	D	0.03%	0.02%	0.02%
	ALGN	F	0.03%	0.03%	0.03%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.27%	0.46%	0.27%
	AMD	F	0.42%	0.74%	0.42%
	AME	A	0.09%	0.07%	0.07%
	AMH	D	0.02%	0.02%	0.02%
	AMP	A	0.11%	0.1%	0.1%
	AMT	D	0.18%	0.13%	0.13%
	AMZN	C	3.7%	6.3%	3.7%
	ANET	C	0.19%	0.32%	0.19%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.16%	0.14%	0.14%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.03%	0.02%
	APH	A	0.16%	0.16%	0.16%
	AVGO	D	1.45%	2.54%	1.45%
	AVTR	F	0.03%	0.02%	0.02%
	AXON	A	0.08%	0.14%	0.08%
	AXP	A	0.31%	0.37%	0.31%
	AZO	C	0.1%	0.12%	0.1%
	AZPN	A	0.01%	0.01%	0.01%
	BA	F	0.2%	0.15%	0.15%
	BKNG	A	0.32%	0.55%	0.32%
	BLD	D	0.02%	0.03%	0.02%
	BLDR	D	0.04%	0.07%	0.04%
	BMRN	D	0.02%	0.02%	0.02%
	BR	A	0.05%	0.05%	0.05%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	B	0.05%	0.07%	0.05%
	BSX	B	0.25%	0.24%	0.24%
	BURL	A	0.03%	0.03%	0.03%
	BX	A	0.25%	0.32%	0.25%
	CARR	D	0.12%	0.1%	0.1%
	CASY	A	0.03%	0.05%	0.03%
	CAT	B	0.36%	0.35%	0.35%
	CCK	C	0.02%	0.02%	0.02%
	CCL	B	0.05%	0.06%	0.05%
	CDNS	B	0.15%	0.27%	0.15%
	CDW	F	0.05%	0.03%	0.03%
	CE	F	0.02%	0.03%	0.02%
	CEG	D	0.14%	0.11%	0.11%
	CELH	F	0.01%	0.01%	0.01%
	CF	B	0.03%	0.03%	0.03%
	CG	A	0.02%	0.02%	0.02%
	CHD	B	0.05%	0.04%	0.04%
	CHDN	B	0.02%	0.03%	0.02%
	CHTR	C	0.07%	0.06%	0.06%
	CL	D	0.15%	0.1%	0.1%
	CLH	B	0.02%	0.04%	0.02%
	CME	A	0.16%	0.1%	0.1%
	CMG	B	0.15%	0.27%	0.15%
	CNM	D	0.01%	0.02%	0.01%
	COO	D	0.04%	0.03%	0.03%
	COP	C	0.25%	0.3%	0.25%
	COST	B	0.78%	0.57%	0.57%
	COTY	F	0.01%	0.01%	0.01%
	CPAY	A	0.05%	0.08%	0.05%
	CPRT	A	0.1%	0.16%	0.1%
	CRM	B	0.58%	1.03%	0.58%
	CRWD	B	0.15%	0.27%	0.15%
	CSGP	D	0.06%	0.04%	0.04%
	CSL	C	0.04%	0.07%	0.04%
	CSX	B	0.13%	0.11%	0.11%
	CTAS	B	0.14%	0.14%	0.14%
	CTRA	B	0.04%	0.04%	0.04%
	DAL	C	0.08%	0.08%	0.08%
	DAY	B	0.02%	0.02%	0.02%
	DE	A	0.19%	0.19%	0.19%
	DECK	A	0.05%	0.09%	0.05%
	DELL	C	0.07%	0.07%	0.07%
	DFS	B	0.09%	0.08%	0.08%
	DHI	D	0.09%	0.16%	0.09%
	DKS	C	0.02%	0.02%	0.02%
	DLR	B	0.11%	0.08%	0.08%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.03%	0.03%
	DT	C	0.03%	0.05%	0.03%
	DVA	B	0.02%	0.01%	0.01%
	DXCM	D	0.06%	0.06%	0.06%
	EA	A	0.08%	0.06%	0.06%
	ECL	D	0.12%	0.1%	0.1%
	EFX	F	0.06%	0.04%	0.04%
	ELS	C	0.02%	0.03%	0.02%
	EME	C	0.05%	0.08%	0.05%
	ENPH	F	0.02%	0.01%	0.01%
	EOG	A	0.15%	0.17%	0.15%
	EPAM	C	0.03%	0.02%	0.02%
	EQH	B	0.02%	0.01%	0.01%
	EQIX	A	0.16%	0.14%	0.14%
	ERIE	D	0.02%	0.02%	0.02%
	ETN	A	0.28%	0.3%	0.28%
	EW	C	0.08%	0.05%	0.05%
	EXPD	D	0.03%	0.02%	0.02%
	EXPE	B	0.04%	0.07%	0.04%
	FANG	D	0.06%	0.11%	0.06%
	FAST	B	0.09%	0.08%	0.08%
	FCX	D	0.12%	0.1%	0.1%
	FDS	B	0.04%	0.03%	0.03%
	FI	A	0.23%	0.21%	0.21%
	FICO	B	0.11%	0.18%	0.11%
	FIX	A	0.03%	0.06%	0.03%
	FND	C	0.02%	0.04%	0.02%
	FTNT	C	0.12%	0.19%	0.12%
	FTV	C	0.05%	0.09%	0.05%
	GDDY	A	0.05%	0.09%	0.05%
	GE	D	0.37%	0.27%	0.27%
	GEV	B	0.17%	0.13%	0.13%
	GGG	B	0.03%	0.05%	0.03%
	GLPI	C	0.02%	0.02%	0.02%
	GOOG	C	1.74%	2.84%	1.74%
	GOOGL	C	1.95%	3.44%	1.95%
	GRMN	B	0.06%	0.06%	0.06%
	GWW	B	0.1%	0.13%	0.1%
	HCA	F	0.12%	0.1%	0.1%
	HD	A	0.78%	0.49%	0.49%
	HES	B	0.08%	0.13%	0.08%
	HLT	A	0.12%	0.2%	0.12%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.03%	0.03%
	HUBB	B	0.04%	0.04%	0.04%
	HWM	A	0.09%	0.09%	0.09%
	IBKR	A	0.04%	0.04%	0.04%
	IDXX	F	0.07%	0.06%	0.06%
	INTU	C	0.37%	0.59%	0.37%
	IQV	D	0.07%	0.04%	0.04%
	IR	B	0.08%	0.1%	0.08%
	IRM	D	0.06%	0.06%	0.06%
	ISRG	A	0.36%	0.42%	0.36%
	IT	C	0.08%	0.13%	0.08%
	ITW	B	0.15%	0.11%	0.11%
	JBL	B	0.03%	0.03%	0.03%
	KKR	A	0.19%	0.34%	0.19%
	KLAC	D	0.16%	0.27%	0.16%
	KO	D	0.46%	0.31%	0.31%
	LECO	B	0.02%	0.04%	0.02%
	LEN	D	0.08%	0.08%	0.08%
	LEN	D	0.0%	0.08%	0.0%
	LII	A	0.04%	0.07%	0.04%
	LIN	D	0.41%	0.37%	0.37%
	LLY	F	1.22%	1.9%	1.22%
	LRCX	F	0.18%	0.3%	0.18%
	LULU	C	0.07%	0.11%	0.07%
	LVS	C	0.04%	0.04%	0.04%
	LW	C	0.02%	0.02%	0.02%
	LYV	A	0.04%	0.07%	0.04%
	MA	C	0.82%	1.02%	0.82%
	MANH	D	0.03%	0.05%	0.03%
	MAR	B	0.12%	0.21%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.41%	0.3%	0.3%
	MCHP	F	0.06%	0.07%	0.06%
	MCO	B	0.14%	0.11%	0.11%
	MDLZ	F	0.17%	0.12%	0.12%
	MEDP	D	0.02%	0.03%	0.02%
	META	D	2.34%	4.04%	2.34%
	MGM	D	0.02%	0.02%	0.02%
	MLM	B	0.07%	0.08%	0.07%
	MMC	B	0.21%	0.19%	0.19%
	MNST	C	0.07%	0.08%	0.07%
	MOH	F	0.03%	0.03%	0.03%
	MORN	B	0.02%	0.03%	0.02%
	MPC	D	0.1%	0.1%	0.1%
	MPWR	F	0.05%	0.09%	0.05%
	MRK	F	0.47%	0.32%	0.32%
	MRO	B	0.03%	0.03%	0.03%
	MSCI	C	0.09%	0.09%	0.09%
	MSFT	F	5.94%	10.23%	5.94%
	MSI	B	0.16%	0.16%	0.16%
	MTD	D	0.05%	0.03%	0.03%
	NBIX	C	0.02%	0.04%	0.02%
	NFLX	A	0.68%	1.23%	0.68%
	NKE	D	0.17%	0.13%	0.13%
	NOW	A	0.4%	0.69%	0.4%
	NTAP	C	0.05%	0.03%	0.03%
	NUE	C	0.07%	0.07%	0.07%
	NVDA	C	6.48%	11.91%	6.48%
	NVR	D	0.05%	0.09%	0.05%
	NVT	B	0.02%	0.04%	0.02%
	NXPI	D	0.11%	0.14%	0.11%
	OC	A	0.03%	0.06%	0.03%
	ODFL	B	0.08%	0.13%	0.08%
	OKE	A	0.12%	0.14%	0.12%
	ON	D	0.05%	0.04%	0.04%
	ORCL	B	0.57%	0.99%	0.57%
	ORLY	B	0.14%	0.17%	0.14%
	OTIS	C	0.08%	0.05%	0.05%
	OVV	B	0.02%	0.04%	0.02%
	PANW	C	0.24%	0.41%	0.24%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.09%	0.06%	0.06%
	PCAR	B	0.11%	0.14%	0.11%
	PEP	F	0.42%	0.26%	0.26%
	PG	A	0.77%	0.52%	0.52%
	PGR	A	0.29%	0.25%	0.25%
	PH	A	0.17%	0.23%	0.17%
	PHM	D	0.05%	0.09%	0.05%
	PLTR	B	0.25%	0.42%	0.25%
	PM	B	0.38%	0.25%	0.25%
	PNR	A	0.03%	0.04%	0.03%
	PODD	C	0.03%	0.02%	0.02%
	POOL	C	0.03%	0.03%	0.03%
	PSA	D	0.1%	0.07%	0.07%
	PSTG	D	0.03%	0.05%	0.03%
	PTC	A	0.04%	0.05%	0.04%
	PWR	A	0.09%	0.11%	0.09%
	QCOM	F	0.34%	0.31%	0.31%
	RCL	A	0.1%	0.18%	0.1%
	REGN	F	0.15%	0.16%	0.15%
	RNR	C	0.03%	0.02%	0.02%
	ROK	B	0.06%	0.05%	0.05%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.11%	0.08%	0.08%
	ROST	C	0.09%	0.15%	0.09%
	RPM	A	0.03%	0.03%	0.03%
	RS	B	0.03%	0.06%	0.03%
	RSG	A	0.08%	0.08%	0.08%
	SAIA	B	0.03%	0.04%	0.03%
	SBAC	D	0.05%	0.03%	0.03%
	SBUX	A	0.22%	0.22%	0.22%
	SCI	B	0.02%	0.02%	0.02%
	SHW	A	0.17%	0.14%	0.14%
	SMCI	F	0.02%	0.05%	0.02%
	SNA	A	0.04%	0.03%	0.03%
	SNPS	B	0.15%	0.27%	0.15%
	SPG	B	0.11%	0.07%	0.07%
	SPGI	C	0.3%	0.23%	0.23%
	SRPT	D	0.02%	0.03%	0.02%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STX	D	0.04%	0.03%	0.03%
	SYK	C	0.27%	0.28%	0.27%
	TDG	D	0.13%	0.23%	0.13%
	TEL	B	0.09%	0.06%	0.06%
	TJX	A	0.26%	0.29%	0.26%
	TMO	F	0.38%	0.24%	0.24%
	TOL	B	0.03%	0.05%	0.03%
	TPL	A	0.05%	0.06%	0.05%
	TRGP	B	0.08%	0.15%	0.08%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	B	1.72%	3.16%	1.72%
	TT	A	0.18%	0.21%	0.18%
	TTEK	F	0.02%	0.04%	0.02%
	TTWO	A	0.06%	0.05%	0.05%
	TXN	C	0.35%	0.22%	0.22%
	TYL	C	0.05%	0.08%	0.05%
	UBER	D	0.28%	0.48%	0.28%
	ULTA	F	0.03%	0.04%	0.03%
	UNH	C	1.05%	0.67%	0.67%
	UNP	C	0.28%	0.21%	0.21%
	URI	B	0.11%	0.18%	0.11%
	UTHR	C	0.03%	0.02%	0.02%
	V	A	1.0%	1.13%	1.0%
	VMC	B	0.07%	0.08%	0.07%
	VRSK	A	0.08%	0.07%	0.07%
	VRSN	F	0.03%	0.02%	0.02%
	VRTX	F	0.23%	0.24%	0.23%
	VST	B	0.09%	0.18%	0.09%
	WAT	B	0.04%	0.03%	0.03%
	WING	D	0.02%	0.03%	0.02%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.15%	0.12%	0.12%
	WMB	A	0.13%	0.09%	0.09%
	WMS	D	0.02%	0.03%	0.02%
	WSM	B	0.03%	0.06%	0.03%
	WSO	A	0.04%	0.06%	0.04%
	WST	C	0.04%	0.07%	0.04%
	WTRG	B	0.02%	0.02%	0.02%
	WYNN	D	0.02%	0.03%	0.02%
	XPO	B	0.03%	0.03%	0.03%
	YUM	B	0.07%	0.06%	0.06%
	ZTS	D	0.15%	0.14%	0.14%

ILCB Overweight 331 Positions Relative to IUSG

	Symbol	Grade	Weight
	BRK.A	B	1.63%
	JPM	A	1.34%
	XOM	B	1.02%
	JNJ	D	0.71%
	WMT	A	0.7%
	BAC	A	0.61%
	CVX	A	0.53%
	WFC	A	0.49%
	CSCO	B	0.45%
	DIS	B	0.4%
	ABT	B	0.39%
	GS	A	0.37%
	IBM	C	0.36%
	VZ	C	0.34%
	CMCSA	B	0.32%
	MS	A	0.32%
	T	A	0.31%
	LOW	D	0.3%
	BLK	C	0.3%
	NEE	D	0.3%
	RTX	C	0.3%
	DHR	F	0.29%
	HON	B	0.29%
	AMGN	D	0.29%
	PFE	D	0.27%
	C	A	0.25%
	MDT	D	0.22%
	LMT	D	0.22%
	BMY	B	0.22%
	TMUS	B	0.22%
	SCHW	B	0.22%
	MU	D	0.21%
	CB	C	0.21%
	GILD	C	0.21%
	INTC	D	0.2%
	PLD	D	0.2%
	UPS	C	0.19%
	MELI	D	0.18%
	ELV	F	0.18%
	MO	A	0.18%
	SO	D	0.18%
	DUK	C	0.17%
	PYPL	B	0.17%
	ICE	C	0.17%
	CI	F	0.17%
	WELL	A	0.16%
	PNC	B	0.16%
	MRVL	B	0.15%
	USB	A	0.15%
	MCK	B	0.15%
	TGT	F	0.14%
	COF	B	0.14%
	APD	A	0.14%
	GD	F	0.14%
	NOC	D	0.14%
	MMM	D	0.14%
	EMR	A	0.14%
	APO	B	0.13%
	BDX	F	0.13%
	FDX	B	0.13%
	CVS	D	0.13%
	CRH	A	0.13%
	MSTR	C	0.12%
	COIN	C	0.12%
	APP	B	0.12%
	SLB	C	0.12%
	TFC	A	0.12%
	GM	B	0.12%
	PSX	C	0.11%
	WDAY	B	0.11%
	AFL	B	0.11%
	JCI	C	0.11%
	BK	A	0.11%
	SRE	A	0.11%
	NSC	B	0.11%
	TRV	B	0.11%
	CMI	A	0.1%
	MET	A	0.1%
	AEP	D	0.1%
	ALL	A	0.1%
	DASH	A	0.1%
	TTD	B	0.1%
	KMI	A	0.1%
	PEG	A	0.09%
	CCI	D	0.09%
	PCG	A	0.09%
	VLO	C	0.09%
	KMB	D	0.09%
	PRU	A	0.09%
	SQ	A	0.09%
	LHX	C	0.09%
	NEM	D	0.09%
	D	C	0.09%
	LNG	B	0.09%
	O	D	0.09%
	FIS	C	0.09%
	AIG	B	0.09%
	EXC	C	0.08%
	KR	B	0.08%
	CBRE	B	0.08%
	COR	B	0.08%
	FERG	B	0.08%
	SNOW	C	0.08%
	KVUE	A	0.08%
	BKR	B	0.08%
	F	C	0.08%
	VRT	B	0.08%
	RMD	C	0.07%
	DD	D	0.07%
	WAB	B	0.07%
	KDP	D	0.07%
	HUBS	A	0.07%
	EXR	D	0.07%
	HIG	B	0.07%
	GIS	D	0.07%
	MTB	A	0.07%
	GLW	B	0.07%
	HPQ	A	0.07%
	DDOG	A	0.07%
	A	D	0.07%
	SYY	B	0.07%
	TEAM	A	0.07%
	XEL	A	0.07%
	CTVA	C	0.07%
	STZ	D	0.07%
	CTSH	B	0.07%
	PPG	F	0.06%
	STT	A	0.06%
	CAH	B	0.06%
	CPNG	D	0.06%
	GPN	B	0.06%
	XYL	D	0.06%
	UAL	A	0.06%
	ALNY	D	0.06%
	CNC	D	0.06%
	NDAQ	A	0.06%
	RJF	A	0.06%
	DOW	F	0.06%
	WEC	A	0.06%
	EBAY	D	0.06%
	ARES	A	0.06%
	OXY	D	0.06%
	VEEV	C	0.06%
	ETR	B	0.06%
	FITB	A	0.06%
	EIX	B	0.06%
	GEHC	F	0.06%
	WTW	B	0.06%
	AVB	B	0.06%
	VICI	C	0.06%
	HUM	C	0.06%
	ED	D	0.06%
	CINF	A	0.05%
	LPLA	A	0.05%
	EQT	B	0.05%
	RF	A	0.05%
	DVN	F	0.05%
	AEE	A	0.05%
	VLTO	D	0.05%
	PPL	B	0.05%
	DTE	C	0.05%
	EQR	B	0.05%
	ADM	D	0.05%
	HBAN	A	0.05%
	VTR	C	0.05%
	SW	A	0.05%
	KEYS	A	0.05%
	HAL	C	0.05%
	TROW	B	0.05%
	AWK	D	0.05%
	SYF	B	0.05%
	RBLX	C	0.05%
	NET	B	0.05%
	KHC	F	0.05%
	FCNCA	A	0.05%
	HPE	B	0.05%
	DOV	A	0.05%
	HOLX	D	0.04%
	ZS	C	0.04%
	TRU	D	0.04%
	WRB	A	0.04%
	MAA	B	0.04%
	MKC	D	0.04%
	OMC	C	0.04%
	EXE	B	0.04%
	NRG	B	0.04%
	BAH	F	0.04%
	DKNG	B	0.04%
	BALL	D	0.04%
	ESS	B	0.04%
	INVH	D	0.04%
	FSLR	F	0.04%
	ZBRA	B	0.04%
	LUV	C	0.04%
	ZM	B	0.04%
	IP	B	0.04%
	CNP	B	0.04%
	MDB	C	0.04%
	PFG	D	0.04%
	LH	C	0.04%
	WDC	D	0.04%
	CMS	C	0.04%
	WBD	C	0.04%
	PKG	A	0.04%
	FE	C	0.04%
	CLX	B	0.04%
	LDOS	C	0.04%
	LYB	F	0.04%
	ILMN	D	0.04%
	CFG	B	0.04%
	K	A	0.04%
	ES	D	0.04%
	MKL	A	0.04%
	NTRS	A	0.04%
	ATO	A	0.04%
	IFF	D	0.04%
	TDY	B	0.04%
	WY	D	0.04%
	BIIB	F	0.04%
	ZBH	C	0.04%
	NDSN	B	0.03%
	DLTR	F	0.03%
	UDR	B	0.03%
	FNF	B	0.03%
	SWK	D	0.03%
	SWKS	F	0.03%
	RVTY	F	0.03%
	FFIV	B	0.03%
	EVRG	A	0.03%
	AMCR	D	0.03%
	ENTG	D	0.03%
	DOC	D	0.03%
	EL	F	0.03%
	USFD	A	0.03%
	TW	A	0.03%
	JBHT	C	0.03%
	THC	D	0.03%
	FLEX	A	0.03%
	RGA	A	0.03%
	SUI	D	0.03%
	VTRS	A	0.03%
	LNT	A	0.03%
	L	A	0.03%
	AVY	D	0.03%
	EG	C	0.03%
	TER	D	0.03%
	DOCU	A	0.03%
	SSNC	B	0.03%
	TXT	D	0.03%
	HEI	B	0.03%
	TWLO	A	0.03%
	ARE	D	0.03%
	BAX	D	0.03%
	NI	A	0.03%
	HOOD	B	0.03%
	DG	F	0.03%
	KIM	A	0.03%
	PINS	D	0.03%
	NTNX	A	0.03%
	GEN	B	0.03%
	FWONK	B	0.03%
	GPC	D	0.03%
	IEX	B	0.03%
	TRMB	B	0.03%
	J	F	0.03%
	NTRA	B	0.03%
	DGX	A	0.03%
	TSN	B	0.03%
	BBY	D	0.03%
	KEY	B	0.03%
	CPB	D	0.02%
	MOS	F	0.02%
	HRL	D	0.02%
	EXAS	D	0.02%
	TFX	F	0.02%
	AR	B	0.02%
	SOLV	C	0.02%
	CRL	C	0.02%
	ALLY	C	0.02%
	CNH	C	0.02%
	AES	F	0.02%
	LKQ	D	0.02%
	UNM	A	0.02%
	RPRX	D	0.02%
	IPG	D	0.02%
	AFG	A	0.02%
	TECH	D	0.02%
	FOXA	B	0.02%
	BJ	A	0.02%
	NWSA	B	0.02%
	TAP	C	0.02%
	SJM	D	0.02%
	HEI	B	0.02%
	RRX	B	0.02%
	SNAP	C	0.02%
	UHS	D	0.02%
	JNPR	F	0.02%
	OKTA	C	0.02%
	ALB	C	0.02%
	EMN	D	0.02%
	WPC	D	0.02%
	KMX	B	0.02%
	BXP	D	0.02%
	MRNA	F	0.02%
	REG	B	0.02%
	INCY	C	0.02%
	JKHY	D	0.02%
	CPT	B	0.02%
	BG	F	0.02%
	CAG	D	0.02%
	APTV	D	0.02%
	PFGC	B	0.02%
	PAG	B	0.01%
	NWS	A	0.01%
	U	C	0.01%
	SNX	C	0.01%
	FOX	A	0.01%
	WBA	F	0.01%
	UHAL	D	0.01%
	PCOR	B	0.01%
	BSY	D	0.01%
	SIRI	C	0.01%
	QRVO	F	0.01%
	BEN	C	0.01%
	DINO	D	0.01%
	ACI	C	0.01%
	HII	D	0.01%
	UHAL	D	0.0%
	FWONA	B	0.0%
	ALAB	B	0.0%
	AGR	B	0.0%

ILCB Underweight 205 Positions Relative to IUSG

	Symbol	Grade	Weight
	CBOE	B	-0.05%
	NCLH	B	-0.04%
	DUOL	A	-0.04%
	BWXT	B	-0.04%
	ITT	A	-0.04%
	TXRH	C	-0.04%
	UFPI	B	-0.03%
	EWBC	A	-0.03%
	HRB	D	-0.03%
	HLNE	B	-0.03%
	ONTO	D	-0.03%
	SKX	D	-0.03%
	CHRD	D	-0.03%
	LNW	D	-0.03%
	ENSG	D	-0.03%
	PLNT	A	-0.03%
	RRC	B	-0.03%
	AXTA	A	-0.03%
	NYT	C	-0.03%
	PCTY	B	-0.03%
	CR	A	-0.03%
	AAON	B	-0.03%
	CW	B	-0.03%
	FN	D	-0.03%
	TPX	B	-0.03%
	PEN	B	-0.03%
	RBC	A	-0.03%
	PR	B	-0.03%
	EXEL	B	-0.03%
	HLI	B	-0.03%
	MUSA	A	-0.03%
	PRI	A	-0.03%
	EXP	A	-0.03%
	AIT	A	-0.03%
	WWD	B	-0.03%
	KNSL	B	-0.03%
	FIVE	F	-0.02%
	HQY	B	-0.02%
	EHC	B	-0.02%
	MASI	A	-0.02%
	RL	B	-0.02%
	RLI	B	-0.02%
	LOPE	B	-0.02%
	CZR	F	-0.02%
	AYI	B	-0.02%
	WH	B	-0.02%
	WAL	B	-0.02%
	CHE	D	-0.02%
	BYD	C	-0.02%
	VVV	F	-0.02%
	EGP	F	-0.02%
	RGLD	C	-0.02%
	BRBR	A	-0.02%
	QLYS	C	-0.02%
	NXT	C	-0.02%
	APPF	B	-0.02%
	DCI	B	-0.02%
	OLLI	D	-0.02%
	LNTH	D	-0.02%
	RMBS	C	-0.02%
	HALO	F	-0.02%
	WTS	B	-0.02%
	CROX	D	-0.02%
	VNT	B	-0.02%
	CNX	A	-0.02%
	WFRD	D	-0.02%
	CUBE	D	-0.02%
	ALTR	B	-0.02%
	SFM	A	-0.02%
	DBX	B	-0.02%
	DTM	B	-0.02%
	GNRC	B	-0.02%
	FOUR	B	-0.02%
	MTDR	B	-0.02%
	ATR	B	-0.02%
	LAMR	D	-0.02%
	MSA	D	-0.02%
	RGEN	D	-0.02%
	LSCC	D	-0.02%
	ELF	C	-0.02%
	H	B	-0.02%
	FCN	D	-0.02%
	ESAB	B	-0.02%
	COKE	C	-0.02%
	GTLS	B	-0.02%
	RYAN	B	-0.02%
	OLED	D	-0.02%
	WEX	D	-0.02%
	EVR	B	-0.02%
	ANF	C	-0.02%
	SSD	D	-0.02%
	TREX	C	-0.02%
	HGV	B	-0.01%
	RYN	D	-0.01%
	IBOC	A	-0.01%
	WEN	D	-0.01%
	ENS	D	-0.01%
	IRDM	D	-0.01%
	POWI	D	-0.01%
	LANC	C	-0.01%
	MSM	C	-0.01%
	CAR	C	-0.01%
	TKR	D	-0.01%
	OPCH	D	-0.01%
	TEX	D	-0.01%
	BLKB	B	-0.01%
	CHWY	B	-0.01%
	GATX	A	-0.01%
	RH	B	-0.01%
	SHC	F	-0.01%
	MUR	D	-0.01%
	OLN	D	-0.01%
	EPR	D	-0.01%
	FFIN	B	-0.01%
	YETI	C	-0.01%
	SLM	A	-0.01%
	SAIC	F	-0.01%
	EEFT	B	-0.01%
	ARWR	F	-0.01%
	MTG	C	-0.01%
	IDA	A	-0.01%
	DLB	B	-0.01%
	HXL	D	-0.01%
	HWC	B	-0.01%
	EXPO	D	-0.01%
	CYTK	F	-0.01%
	HAE	C	-0.01%
	MAT	D	-0.01%
	OZK	B	-0.01%
	TNL	A	-0.01%
	KBH	D	-0.01%
	TDC	D	-0.01%
	VAL	D	-0.01%
	NNN	D	-0.01%
	CGNX	C	-0.01%
	PK	B	-0.01%
	ROIV	C	-0.01%
	DOCS	C	-0.01%
	VOYA	B	-0.01%
	AM	A	-0.01%
	CRUS	D	-0.01%
	JAZZ	B	-0.01%
	BC	C	-0.01%
	PSN	D	-0.01%
	SLAB	D	-0.01%
	KEX	C	-0.01%
	SIGI	C	-0.01%
	ALTM	C	-0.01%
	STAG	F	-0.01%
	FR	D	-0.01%
	INGR	B	-0.01%
	MKSI	C	-0.01%
	TKO	B	-0.01%
	VNOM	A	-0.01%
	ACHC	F	-0.01%
	MIDD	C	-0.01%
	NOVT	D	-0.01%
	FBIN	D	-0.01%
	CBSH	A	-0.01%
	MMS	F	-0.01%
	REXR	F	-0.01%
	FLS	B	-0.01%
	WMG	C	-0.01%
	KBR	F	-0.01%
	CACI	D	-0.01%
	CFR	B	-0.01%
	CIEN	B	-0.01%
	EXLS	B	-0.01%
	PNFP	B	-0.01%
	BCO	D	-0.01%
	KNF	A	-0.01%
	FCFS	F	-0.01%
	BRX	A	-0.01%
	SEIC	B	-0.01%
	CHX	C	-0.01%
	CBT	C	-0.01%
	TTC	D	-0.01%
	NEU	C	-0.01%
	OHI	C	-0.01%
	ALV	C	-0.01%
	MTN	C	-0.01%
	LFUS	F	-0.01%
	LSTR	D	-0.01%
	MTSI	B	-0.01%
	GNTX	C	-0.01%
	LPX	B	-0.01%
	GXO	B	-0.01%
	CVLT	B	-0.01%
	CIVI	D	-0.01%
	IPGP	D	-0.0%
	ZI	D	-0.0%
	LIVN	F	-0.0%
	ALGM	D	-0.0%
	VC	D	-0.0%
	CPRI	F	-0.0%
	AZTA	D	-0.0%
	SYNA	C	-0.0%
	SMG	D	-0.0%
	AMED	F	-0.0%
	NSP	D	-0.0%
	CDP	C	-0.0%
	SAM	C	-0.0%
	COLM	B	-0.0%
	NSA	D	-0.0%
	CHH	A	-0.0%

ILCB: Top Represented Industries & Keywords

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

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

IUSG: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Semiconductors Oil & Gas E&P Biotechnology Building Materials Specialty Retail Diagnostics & Research Specialty Chemicals Restaurants Banks - Regional - US Leisure Semiconductor Equipment & Materials Software - Infrastructure Asset Management Capital Markets Medical Care Medical Devices REIT - Industrial

Keywords: S&P 500 Nasdaq 100 Computing Electronics Natural Gas Chemical Mining Semiconductor Aerospace Insurance Construction IBD 50 Integrated Circuits Medicine Building Materials Dow Jones Component Real Estate Investment Trust Telecommunications Banking Transport