ILCB vs. SSPY ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to Syntax Stratified LargeCap ETF (SSPY)

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

$81.18

Average Daily Volume

39,822

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$79.86

Average Daily Volume

2,856

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	SSPY
30 Days	0.86%	-0.28%
60 Days	4.48%	0.30%
90 Days	6.10%	2.89%
12 Months	31.37%	21.97%

479 Overlapping Holdings

Symbol	Grade	Weight in ILCB	Weight in SSPY	Overlap
A	D	0.08%	0.15%	0.08%
AAPL	C	6.14%	0.5%	0.5%
ABBV	F	0.66%	0.24%	0.24%
ABNB	C	0.11%	0.12%	0.11%
ABT	B	0.38%	0.06%	0.06%
ACGL	C	0.07%	0.14%	0.07%
ACN	C	0.42%	0.13%	0.13%
ADBE	F	0.41%	0.16%	0.16%
ADI	D	0.21%	0.22%	0.21%
ADM	D	0.05%	0.37%	0.05%
ADP	B	0.23%	0.21%	0.21%
ADSK	B	0.12%	0.17%	0.12%
AEE	A	0.05%	0.08%	0.05%
AEP	C	0.1%	0.24%	0.1%
AES	F	0.02%	0.32%	0.02%
AFL	C	0.1%	0.2%	0.1%
AIG	B	0.09%	0.2%	0.09%
AJG	A	0.12%	0.03%	0.03%
AKAM	F	0.03%	0.27%	0.03%
ALB	C	0.02%	0.05%	0.02%
ALGN	D	0.03%	0.1%	0.03%
ALL	A	0.1%	0.2%	0.1%
ALLE	D	0.02%	0.08%	0.02%
AMAT	F	0.3%	0.18%	0.18%
AMCR	C	0.03%	0.13%	0.03%
AMD	F	0.45%	0.14%	0.14%
AME	A	0.08%	0.13%	0.08%
AMGN	D	0.33%	0.24%	0.24%
AMP	A	0.1%	0.08%	0.08%
AMT	D	0.18%	0.06%	0.06%
AMZN	B	3.72%	0.22%	0.22%
ANET	C	0.19%	0.21%	0.19%
ANSS	B	0.06%	0.17%	0.06%
AON	A	0.16%	0.04%	0.04%
AOS	F	0.02%	0.21%	0.02%
APA	F	0.02%	0.07%	0.02%
APD	A	0.13%	0.05%	0.05%
APH	B	0.17%	0.19%	0.17%
APTV	F	0.03%	0.4%	0.03%
ARE	D	0.03%	0.11%	0.03%
ATO	A	0.04%	0.33%	0.04%
AVB	A	0.06%	0.1%	0.06%
AVGO	C	1.58%	0.23%	0.23%
AVY	D	0.03%	0.06%	0.03%
AWK	C	0.05%	0.32%	0.05%
AXON	A	0.08%	0.09%	0.08%
AXP	A	0.31%	0.04%	0.04%
AZO	C	0.1%	0.14%	0.1%
BA	F	0.21%	0.16%	0.16%
BAC	A	0.57%	0.12%	0.12%
BALL	D	0.04%	0.13%	0.04%
BAX	F	0.03%	0.05%	0.03%
BBY	C	0.03%	0.17%	0.03%
BDX	F	0.13%	0.05%	0.05%
BEN	C	0.01%	0.09%	0.01%
BG	D	0.02%	0.37%	0.02%
BIIB	F	0.05%	0.24%	0.05%
BK	A	0.11%	0.11%	0.11%
BKNG	A	0.32%	0.11%	0.11%
BKR	A	0.08%	0.35%	0.08%
BLDR	D	0.04%	0.19%	0.04%
BLK	A	0.29%	0.08%	0.08%
BMY	B	0.21%	0.25%	0.21%
BR	A	0.05%	0.11%	0.05%
BRK.A	A	1.57%	0.5%	0.5%
BRO	B	0.05%	0.04%	0.04%
BSX	B	0.24%	0.06%	0.06%
BX	A	0.24%	0.08%	0.08%
BXP	D	0.02%	0.11%	0.02%
C	A	0.25%	0.13%	0.13%
CAG	F	0.03%	0.21%	0.03%
CAH	B	0.06%	0.19%	0.06%
CARR	D	0.12%	0.08%	0.08%
CAT	B	0.36%	0.14%	0.14%
CB	C	0.2%	0.14%	0.14%
CBRE	B	0.08%	0.04%	0.04%
CCI	D	0.09%	0.06%	0.06%
CCL	A	0.05%	0.09%	0.05%
CDNS	B	0.15%	0.33%	0.15%
CDW	F	0.05%	0.13%	0.05%
CE	F	0.02%	0.07%	0.02%
CEG	D	0.14%	0.38%	0.14%
CF	A	0.03%	0.09%	0.03%
CFG	A	0.04%	0.06%	0.04%
CHD	A	0.05%	0.42%	0.05%
CHTR	B	0.07%	0.47%	0.07%
CI	D	0.17%	0.19%	0.17%
CINF	A	0.04%	0.14%	0.04%
CL	D	0.14%	0.41%	0.14%
CLX	A	0.04%	0.41%	0.04%
CMCSA	B	0.32%	0.52%	0.32%
CME	A	0.15%	0.04%	0.04%
CMG	B	0.15%	0.5%	0.15%
CMI	A	0.09%	0.08%	0.08%
CMS	C	0.04%	0.08%	0.04%
CNC	F	0.06%	0.26%	0.06%
CNP	A	0.04%	0.26%	0.04%
COF	A	0.13%	0.7%	0.13%
COP	C	0.24%	0.07%	0.07%
COR	B	0.08%	0.18%	0.08%
COST	B	0.79%	0.71%	0.71%
CPAY	A	0.05%	0.04%	0.04%
CPB	D	0.02%	0.2%	0.02%
CPRT	A	0.09%	0.23%	0.09%
CPT	D	0.02%	0.11%	0.02%
CRL	D	0.02%	0.14%	0.02%
CRM	A	0.56%	0.35%	0.35%
CRWD	B	0.14%	0.18%	0.14%
CSCO	B	0.44%	0.21%	0.21%
CSGP	F	0.06%	0.04%	0.04%
CSX	B	0.13%	0.08%	0.08%
CTAS	B	0.15%	0.18%	0.15%
CTRA	A	0.03%	0.17%	0.03%
CTSH	B	0.08%	0.13%	0.08%
CTVA	D	0.08%	0.08%	0.08%
CVS	F	0.13%	0.69%	0.13%
CVX	A	0.5%	0.76%	0.5%
D	C	0.09%	0.24%	0.09%
DAL	A	0.07%	0.28%	0.07%
DAY	B	0.02%	0.22%	0.02%
DD	D	0.07%	0.05%	0.05%
DE	D	0.19%	0.13%	0.13%
DECK	A	0.05%	0.3%	0.05%
DELL	C	0.07%	0.17%	0.07%
DFS	A	0.08%	0.69%	0.08%
DG	F	0.03%	0.17%	0.03%
DGX	A	0.03%	0.16%	0.03%
DHI	D	0.1%	0.24%	0.1%
DHR	D	0.3%	0.1%	0.1%
DIS	A	0.34%	0.21%	0.21%
DLR	A	0.11%	0.26%	0.11%
DLTR	F	0.02%	0.17%	0.02%
DOC	D	0.03%	0.11%	0.03%
DOV	A	0.05%	0.17%	0.05%
DOW	F	0.06%	0.07%	0.06%
DPZ	C	0.03%	0.52%	0.03%
DRI	B	0.04%	0.51%	0.04%
DTE	C	0.05%	0.25%	0.05%
DUK	C	0.17%	0.07%	0.07%
DVA	C	0.01%	0.11%	0.01%
DVN	F	0.05%	0.16%	0.05%
DXCM	C	0.05%	0.1%	0.05%
EA	A	0.07%	0.49%	0.07%
EBAY	D	0.06%	0.22%	0.06%
ECL	D	0.12%	0.05%	0.05%
ED	D	0.06%	0.24%	0.06%
EFX	F	0.06%	0.04%	0.04%
EG	D	0.03%	0.14%	0.03%
EIX	C	0.06%	0.25%	0.06%
EL	F	0.03%	0.5%	0.03%
ELV	F	0.18%	0.24%	0.18%
EMN	C	0.02%	0.05%	0.02%
EMR	A	0.14%	0.03%	0.03%
ENPH	F	0.02%	0.26%	0.02%
EOG	A	0.15%	0.07%	0.07%
EPAM	B	0.02%	0.13%	0.02%
EQIX	B	0.16%	0.27%	0.16%
EQR	C	0.05%	0.1%	0.05%
EQT	A	0.04%	0.18%	0.04%
ERIE	F	0.02%	0.2%	0.02%
ES	C	0.04%	0.07%	0.04%
ESS	A	0.04%	0.1%	0.04%
ETN	A	0.28%	0.26%	0.26%
ETR	A	0.06%	0.25%	0.06%
EVRG	A	0.03%	0.08%	0.03%
EW	C	0.08%	0.06%	0.06%
EXC	C	0.07%	0.3%	0.07%
EXPD	D	0.03%	0.09%	0.03%
EXPE	A	0.04%	0.12%	0.04%
EXR	C	0.07%	0.11%	0.07%
F	C	0.08%	0.25%	0.08%
FANG	D	0.06%	0.07%	0.06%
FAST	B	0.09%	0.13%	0.09%
FCX	F	0.13%	0.3%	0.13%
FDS	A	0.03%	0.04%	0.03%
FDX	A	0.12%	0.07%	0.07%
FE	C	0.04%	0.24%	0.04%
FFIV	B	0.03%	0.21%	0.03%
FI	A	0.23%	0.06%	0.06%
FICO	A	0.11%	0.05%	0.05%
FIS	B	0.09%	0.05%	0.05%
FITB	A	0.06%	0.06%	0.06%
FOX	A	0.01%	0.1%	0.01%
FOXA	A	0.02%	0.1%	0.02%
FSLR	F	0.04%	0.2%	0.04%
FTNT	A	0.11%	0.17%	0.11%
FTV	D	0.05%	0.03%	0.03%
GD	D	0.14%	0.16%	0.14%
GDDY	A	0.04%	0.27%	0.04%
GE	D	0.38%	0.17%	0.17%
GEHC	D	0.06%	0.1%	0.06%
GEN	B	0.03%	0.17%	0.03%
GEV	A	0.18%	0.18%	0.18%
GILD	B	0.23%	0.25%	0.23%
GIS	D	0.07%	0.21%	0.07%
GLW	B	0.07%	0.19%	0.07%
GM	A	0.12%	0.25%	0.12%
GOOG	B	1.77%	0.23%	0.23%
GOOGL	B	1.97%	0.23%	0.23%
GPC	D	0.03%	0.15%	0.03%
GPN	B	0.05%	0.04%	0.04%
GRMN	B	0.06%	0.33%	0.06%
GS	A	0.36%	0.25%	0.25%
GWW	A	0.1%	0.12%	0.1%
HAL	C	0.05%	0.34%	0.05%
HBAN	A	0.05%	0.06%	0.05%
HCA	D	0.13%	0.33%	0.13%
HD	A	0.76%	0.26%	0.26%
HES	B	0.07%	0.07%	0.07%
HIG	C	0.07%	0.14%	0.07%
HII	F	0.02%	0.08%	0.02%
HLT	A	0.11%	0.12%	0.11%
HOLX	D	0.03%	0.1%	0.03%
HON	A	0.27%	0.17%	0.17%
HPE	B	0.05%	0.19%	0.05%
HPQ	B	0.07%	0.35%	0.07%
HRL	D	0.02%	0.36%	0.02%
HST	D	0.02%	0.11%	0.02%
HSY	F	0.05%	0.18%	0.05%
HUBB	B	0.05%	0.26%	0.05%
HUM	F	0.06%	0.26%	0.06%
HWM	A	0.09%	0.08%	0.08%
IBM	D	0.37%	0.34%	0.34%
ICE	D	0.17%	0.04%	0.04%
IDXX	F	0.07%	0.1%	0.07%
IEX	B	0.03%	0.2%	0.03%
IFF	D	0.04%	0.05%	0.04%
INCY	B	0.03%	0.25%	0.03%
INTC	C	0.21%	0.16%	0.16%
INTU	A	0.36%	0.2%	0.2%
INVH	D	0.04%	0.1%	0.04%
IP	A	0.04%	0.06%	0.04%
IPG	F	0.02%	0.34%	0.02%
IQV	F	0.08%	0.14%	0.08%
IR	A	0.08%	0.2%	0.08%
IRM	D	0.07%	0.06%	0.06%
ISRG	A	0.36%	0.12%	0.12%
IT	B	0.08%	0.13%	0.08%
ITW	B	0.15%	0.17%	0.15%
J	D	0.04%	0.4%	0.04%
JBHT	B	0.03%	0.08%	0.03%
JBL	C	0.03%	0.38%	0.03%
JCI	A	0.11%	0.08%	0.08%
JKHY	D	0.02%	0.05%	0.02%
JNJ	D	0.71%	0.24%	0.24%
JNPR	D	0.02%	0.2%	0.02%
JPM	A	1.27%	0.13%	0.13%
K	B	0.04%	0.18%	0.04%
KDP	D	0.07%	0.24%	0.07%
KEY	A	0.03%	0.06%	0.03%
KEYS	C	0.05%	0.21%	0.05%
KHC	F	0.05%	0.21%	0.05%
KIM	A	0.03%	0.06%	0.03%
KKR	A	0.19%	0.09%	0.09%
KLAC	F	0.17%	0.17%	0.17%
KMB	C	0.09%	0.42%	0.09%
KMI	A	0.1%	0.25%	0.1%
KMX	B	0.02%	0.14%	0.02%
KO	D	0.47%	0.25%	0.25%
KR	B	0.08%	0.74%	0.08%
KVUE	A	0.08%	0.42%	0.08%
L	A	0.03%	0.49%	0.03%
LDOS	C	0.05%	0.13%	0.05%
LEN	D	0.0%	0.25%	0.0%
LEN	D	0.08%	0.25%	0.08%
LH	B	0.04%	0.16%	0.04%
LHX	B	0.09%	0.08%	0.08%
LIN	D	0.42%	0.04%	0.04%
LKQ	D	0.02%	0.14%	0.02%
LLY	F	1.33%	0.23%	0.23%
LMT	D	0.23%	0.09%	0.09%
LNT	A	0.03%	0.08%	0.03%
LOW	A	0.29%	0.26%	0.26%
LULU	C	0.06%	0.31%	0.06%
LUV	A	0.04%	0.25%	0.04%
LVS	C	0.04%	0.08%	0.04%
LW	C	0.02%	0.22%	0.02%
LYB	F	0.04%	0.07%	0.04%
LYV	A	0.03%	0.09%	0.03%
MA	A	0.81%	0.04%	0.04%
MAA	A	0.04%	0.1%	0.04%
MAR	A	0.12%	0.12%	0.12%
MAS	D	0.03%	0.19%	0.03%
MCD	D	0.41%	0.5%	0.41%
MCHP	F	0.07%	0.14%	0.07%
MCK	A	0.15%	0.18%	0.15%
MCO	C	0.14%	0.04%	0.04%
MDLZ	F	0.17%	0.18%	0.17%
MDT	D	0.21%	0.06%	0.06%
MET	A	0.09%	0.21%	0.09%
META	C	2.44%	0.47%	0.47%
MGM	D	0.02%	0.07%	0.02%
MKC	D	0.04%	0.21%	0.04%
MLM	B	0.07%	0.17%	0.07%
MMC	C	0.21%	0.04%	0.04%
MMM	D	0.14%	0.17%	0.14%
MNST	D	0.07%	0.25%	0.07%
MO	A	0.17%	0.35%	0.17%
MOH	F	0.04%	0.25%	0.04%
MOS	D	0.02%	0.08%	0.02%
MPC	D	0.1%	0.49%	0.1%
MPWR	F	0.07%	0.22%	0.07%
MRK	F	0.49%	0.24%	0.24%
MRNA	F	0.03%	0.24%	0.03%
MRO	A	0.03%	0.07%	0.03%
MS	A	0.31%	0.26%	0.26%
MSCI	A	0.09%	0.04%	0.04%
MSFT	D	5.93%	0.32%	0.32%
MSI	A	0.16%	0.49%	0.16%
MTB	A	0.07%	0.06%	0.06%
MTD	F	0.05%	0.15%	0.05%
MU	D	0.23%	0.15%	0.15%
NDAQ	A	0.06%	0.04%	0.04%
NDSN	B	0.03%	0.03%	0.03%
NEE	C	0.3%	0.24%	0.24%
NEM	F	0.1%	0.25%	0.1%
NFLX	A	0.64%	0.22%	0.22%
NI	A	0.03%	0.33%	0.03%
NKE	D	0.17%	0.33%	0.17%
NOC	D	0.15%	0.09%	0.09%
NOW	B	0.39%	0.22%	0.22%
NRG	B	0.04%	0.33%	0.04%
NSC	B	0.12%	0.08%	0.08%
NTAP	D	0.05%	0.17%	0.05%
NTRS	A	0.04%	0.08%	0.04%
NUE	D	0.07%	0.26%	0.07%
NVDA	B	6.61%	0.13%	0.13%
NVR	D	0.05%	0.26%	0.05%
NWS	A	0.01%	0.1%	0.01%
NWSA	B	0.02%	0.1%	0.02%
NXPI	F	0.11%	0.23%	0.11%
O	D	0.09%	0.07%	0.07%
ODFL	B	0.08%	0.08%	0.08%
OKE	A	0.12%	0.24%	0.12%
OMC	C	0.04%	0.34%	0.04%
ON	F	0.06%	0.23%	0.06%
ORCL	A	0.57%	0.34%	0.34%
ORLY	A	0.13%	0.14%	0.13%
OTIS	D	0.08%	0.08%	0.08%
OXY	F	0.06%	0.07%	0.06%
PANW	B	0.24%	0.16%	0.16%
PAYC	B	0.02%	0.22%	0.02%
PAYX	B	0.09%	0.21%	0.09%
PCAR	B	0.11%	0.13%	0.11%
PCG	A	0.08%	0.08%	0.08%
PEG	C	0.08%	0.26%	0.08%
PEP	F	0.43%	0.18%	0.18%
PFE	F	0.29%	0.24%	0.24%
PFG	C	0.04%	0.21%	0.04%
PG	C	0.75%	0.42%	0.42%
PGR	B	0.29%	0.19%	0.19%
PH	A	0.17%	0.08%	0.08%
PHM	D	0.05%	0.25%	0.05%
PKG	B	0.04%	0.06%	0.04%
PLD	D	0.2%	0.06%	0.06%
PLTR	A	0.22%	0.23%	0.22%
PM	A	0.37%	0.35%	0.35%
PNC	A	0.15%	0.06%	0.06%
PNR	A	0.03%	0.19%	0.03%
PODD	A	0.03%	0.1%	0.03%
POOL	D	0.03%	0.13%	0.03%
PPG	F	0.06%	0.07%	0.06%
PPL	A	0.05%	0.08%	0.05%
PRU	A	0.08%	0.2%	0.08%
PSA	C	0.1%	0.11%	0.1%
PSX	C	0.1%	0.51%	0.1%
PTC	B	0.04%	0.17%	0.04%
PWR	A	0.09%	0.4%	0.09%
PYPL	A	0.16%	0.06%	0.06%
QCOM	F	0.36%	0.22%	0.22%
QRVO	F	0.01%	0.21%	0.01%
RCL	A	0.1%	0.09%	0.09%
REG	A	0.02%	0.06%	0.02%
REGN	F	0.17%	0.22%	0.17%
RF	A	0.04%	0.06%	0.04%
RJF	A	0.06%	0.25%	0.06%
RMD	C	0.07%	0.09%	0.07%
ROK	A	0.06%	0.03%	0.03%
ROL	A	0.03%	0.18%	0.03%
ROP	C	0.11%	0.03%	0.03%
ROST	D	0.09%	0.72%	0.09%
RSG	B	0.08%	0.18%	0.08%
RTX	D	0.31%	0.08%	0.08%
RVTY	D	0.03%	0.1%	0.03%
SBAC	D	0.05%	0.06%	0.05%
SBUX	A	0.21%	0.48%	0.21%
SCHW	A	0.2%	0.25%	0.2%
SHW	B	0.17%	0.06%	0.06%
SJM	F	0.02%	0.21%	0.02%
SLB	C	0.12%	0.35%	0.12%
SMCI	F	0.02%	0.15%	0.02%
SNA	A	0.04%	0.25%	0.04%
SNPS	C	0.16%	0.34%	0.16%
SO	C	0.18%	0.08%	0.08%
SOLV	C	0.02%	0.05%	0.02%
SPG	A	0.1%	0.07%	0.07%
SPGI	C	0.3%	0.04%	0.04%
SRE	A	0.11%	0.08%	0.08%
STE	D	0.04%	0.12%	0.04%
STLD	B	0.04%	0.27%	0.04%
STT	A	0.05%	0.12%	0.05%
STX	D	0.04%	0.17%	0.04%
STZ	D	0.07%	0.25%	0.07%
SW	A	0.05%	0.07%	0.05%
SWK	F	0.03%	0.27%	0.03%
SWKS	F	0.03%	0.21%	0.03%
SYF	A	0.05%	0.69%	0.05%
SYK	A	0.26%	0.12%	0.12%
SYY	D	0.07%	0.75%	0.07%
T	A	0.3%	0.33%	0.3%
TAP	A	0.02%	0.25%	0.02%
TDG	D	0.14%	0.08%	0.08%
TDY	B	0.04%	0.03%	0.03%
TECH	D	0.02%	0.15%	0.02%
TEL	C	0.09%	0.19%	0.09%
TER	F	0.03%	0.17%	0.03%
TFC	A	0.11%	0.06%	0.06%
TFX	F	0.02%	0.05%	0.02%
TGT	D	0.13%	0.17%	0.13%
TJX	A	0.25%	0.72%	0.25%
TMO	D	0.4%	0.14%	0.14%
TMUS	A	0.22%	0.33%	0.22%
TRGP	A	0.08%	0.24%	0.08%
TRMB	A	0.03%	0.03%	0.03%
TROW	A	0.05%	0.09%	0.05%
TRV	A	0.11%	0.14%	0.11%
TSCO	D	0.06%	0.12%	0.06%
TSLA	B	1.68%	0.28%	0.28%
TSN	A	0.03%	0.36%	0.03%
TT	A	0.17%	0.07%	0.07%
TTWO	A	0.06%	0.49%	0.06%
TXN	C	0.38%	0.23%	0.23%
TXT	D	0.03%	0.16%	0.03%
TYL	B	0.05%	0.22%	0.05%
UAL	A	0.05%	0.28%	0.05%
UBER	C	0.27%	0.11%	0.11%
UDR	C	0.03%	0.1%	0.03%
UHS	D	0.02%	0.32%	0.02%
ULTA	D	0.04%	0.17%	0.04%
UNH	B	1.07%	0.26%	0.26%
UNP	D	0.28%	0.08%	0.08%
UPS	C	0.18%	0.09%	0.09%
URI	B	0.11%	0.14%	0.11%
USB	B	0.15%	0.06%	0.06%
V	A	0.97%	0.04%	0.04%
VICI	C	0.06%	0.06%	0.06%
VLO	C	0.08%	0.5%	0.08%
VLTO	D	0.05%	0.03%	0.03%
VMC	B	0.07%	0.17%	0.07%
VRSK	B	0.08%	0.04%	0.04%
VRSN	D	0.03%	0.27%	0.03%
VRTX	C	0.25%	0.23%	0.23%
VST	A	0.09%	0.41%	0.09%
VTR	C	0.05%	0.11%	0.05%
VTRS	A	0.03%	0.24%	0.03%
VZ	C	0.32%	0.33%	0.32%
WAB	B	0.07%	0.13%	0.07%
WAT	B	0.04%	0.15%	0.04%
WBA	F	0.01%	0.64%	0.01%
WBD	B	0.04%	0.19%	0.04%
WDC	F	0.04%	0.17%	0.04%
WEC	A	0.06%	0.07%	0.06%
WELL	A	0.16%	0.11%	0.11%
WFC	A	0.45%	0.13%	0.13%
WM	B	0.15%	0.18%	0.15%
WMB	A	0.13%	0.25%	0.13%
WMT	A	0.69%	0.73%	0.69%
WRB	A	0.03%	0.14%	0.03%
WST	C	0.04%	0.05%	0.04%
WTW	B	0.06%	0.03%	0.03%
WY	D	0.04%	0.17%	0.04%
WYNN	D	0.02%	0.08%	0.02%
XEL	A	0.07%	0.08%	0.07%
XOM	B	1.01%	0.77%	0.77%
XYL	D	0.06%	0.19%	0.06%
YUM	D	0.07%	0.51%	0.07%
ZBH	C	0.04%	0.12%	0.04%
ZBRA	B	0.04%	0.13%	0.04%
ZTS	D	0.15%	0.25%	0.15%

ILCB Overweight 135 Positions Relative to SSPY

Symbol	Grade	Weight
LRCX	F	0.19%
MELI	D	0.17%
MRVL	B	0.15%
CRH	B	0.13%
APO	A	0.12%
TTD	B	0.11%
APP	A	0.11%
DASH	B	0.1%
COIN	A	0.1%
WDAY	B	0.1%
VRT	A	0.09%
LNG	A	0.09%
MSTR	B	0.09%
SQ	A	0.08%
FERG	D	0.08%
ALNY	D	0.07%
VEEV	C	0.07%
DDOG	B	0.07%
TEAM	A	0.07%
SNOW	C	0.07%
ARES	B	0.06%
HUBS	A	0.06%
ILMN	C	0.05%
EME	B	0.05%
FCNCA	A	0.05%
TPL	A	0.05%
RBLX	B	0.05%
NET	C	0.05%
CPNG	C	0.05%
EXE	A	0.04%
WSO	A	0.04%
DKNG	B	0.04%
ZM	B	0.04%
COO	D	0.04%
LII	B	0.04%
TRU	D	0.04%
MDB	C	0.04%
CSL	B	0.04%
MKL	A	0.04%
BAH	D	0.04%
LPLA	A	0.04%
CLH	C	0.03%
PFGC	B	0.03%
RNR	D	0.03%
SAIA	B	0.03%
DT	C	0.03%
RGA	A	0.03%
GGG	A	0.03%
ACM	B	0.03%
TW	B	0.03%
AVTR	F	0.03%
USFD	B	0.03%
TWLO	A	0.03%
CASY	B	0.03%
SUI	D	0.03%
HOOD	A	0.03%
WSM	F	0.03%
UTHR	B	0.03%
HEI	A	0.03%
ENTG	F	0.03%
THC	C	0.03%
DOCU	A	0.03%
TOL	B	0.03%
PSTG	F	0.03%
FLEX	B	0.03%
SSNC	D	0.03%
OC	A	0.03%
NTRA	B	0.03%
FIX	A	0.03%
BURL	C	0.03%
FWONK	B	0.03%
NTNX	A	0.03%
MANH	D	0.03%
PINS	F	0.03%
RPM	A	0.03%
XPO	B	0.03%
ZS	B	0.03%
IBKR	A	0.03%
RS	B	0.03%
AR	B	0.02%
MEDP	D	0.02%
EXAS	F	0.02%
MORN	B	0.02%
UNM	A	0.02%
CNH	D	0.02%
WMS	F	0.02%
WTRG	C	0.02%
WING	F	0.02%
ALLY	C	0.02%
AFG	A	0.02%
RPRX	F	0.02%
FND	F	0.02%
CHDN	C	0.02%
HEI	A	0.02%
SRPT	F	0.02%
BJ	B	0.02%
CCK	D	0.02%
CG	B	0.02%
OVV	C	0.02%
AMH	C	0.02%
RRX	B	0.02%
DKS	D	0.02%
BLD	F	0.02%
TTEK	D	0.02%
WPC	D	0.02%
LECO	C	0.02%
OKTA	D	0.02%
EQH	B	0.02%
NVT	B	0.02%
BMRN	F	0.02%
ELS	B	0.02%
SCI	B	0.02%
GLPI	D	0.02%
NBIX	D	0.02%
SNAP	D	0.02%
FNF	C	0.02%
COTY	F	0.01%
PAG	A	0.01%
CELH	F	0.01%
WLK	F	0.01%
BRKR	F	0.01%
SNX	D	0.01%
U	F	0.01%
PCOR	B	0.01%
SIRI	C	0.01%
BSY	D	0.01%
UHAL	D	0.01%
AZPN	A	0.01%
DINO	D	0.01%
ACI	C	0.01%
CNM	F	0.01%
UHAL	D	0.0%
FWONA	B	0.0%
AGR	A	0.0%
ALAB	B	0.0%

ILCB Underweight 22 Positions Relative to SSPY

Symbol	Grade	Weight
MTCH	F	-0.47%
BWA	A	-0.42%
TPR	A	-0.33%
RL	B	-0.32%
HAS	D	-0.26%
CTLT	C	-0.25%
GL	B	-0.2%
PARA	C	-0.2%
AIZ	A	-0.2%
HSIC	D	-0.2%
MHK	D	-0.19%
BBWI	C	-0.19%
FMC	F	-0.09%
CHRW	A	-0.09%
NCLH	B	-0.09%
IVZ	B	-0.09%
GNRC	B	-0.08%
CZR	F	-0.07%
PNW	A	-0.07%
FRT	B	-0.06%
CBOE	D	-0.04%
MKTX	C	-0.04%