ILCB vs. USNZ ETF Comparison

Comparison of iShares Morningstar U.S. Equity ETF (ILCB) to Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ)

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

USNZ

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

USNZ Description

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF is an exchange traded fund launched and managed by DBX Advisors LLC. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Solactive ISS ESG United States Net Zero Pathway Enhanced Index, by using full replication technique. The fund does not invest in companies operating across controversial weapons, exhibit poor overall ESG performance, fossil fuels, oil sands, hydraulic fracturing and shale oil/gas, artic or deep water drilling, tobacco, weapons and firearms, alcohol, gambling, adult entertainment or recreational cannabis. Xtrackers Net Zero Pathway Paris Aligned US Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.91

Average Daily Volume

6,669

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	ILCB	USNZ
30 Days	3.62%	1.39%
60 Days	4.81%	2.90%
90 Days	6.51%	3.59%
12 Months	32.50%	30.67%

324 Overlapping Holdings

Symbol	Grade	Weight in ILCB	Weight in USNZ	Overlap
A	D	0.07%	0.09%	0.07%
AAPL	C	6.21%	8.59%	6.21%
ABBV	D	0.56%	0.72%	0.56%
ABNB	C	0.11%	0.13%	0.11%
ABT	B	0.39%	0.52%	0.39%
ACGL	D	0.07%	0.07%	0.07%
ACN	C	0.43%	0.5%	0.43%
ADBE	C	0.43%	0.48%	0.43%
ADI	D	0.2%	0.3%	0.2%
ADM	D	0.05%	0.0%	0.0%
ADP	B	0.23%	0.26%	0.23%
ADSK	A	0.12%	0.14%	0.12%
AFL	B	0.11%	0.11%	0.11%
AIG	B	0.09%	0.09%	0.09%
AJG	B	0.12%	0.14%	0.12%
AKAM	D	0.03%	0.03%	0.03%
ALGN	D	0.03%	0.12%	0.03%
ALL	A	0.1%	0.07%	0.07%
ALNY	D	0.06%	0.17%	0.06%
AMAT	F	0.27%	0.38%	0.27%
AMD	F	0.42%	0.52%	0.42%
AMGN	D	0.29%	0.42%	0.29%
AMP	A	0.11%	0.1%	0.1%
AMT	D	0.18%	0.29%	0.18%
ANET	C	0.19%	0.29%	0.19%
AON	A	0.16%	0.16%	0.16%
APO	B	0.13%	0.15%	0.13%
APTV	D	0.02%	0.1%	0.02%
ARE	D	0.03%	0.13%	0.03%
ARES	A	0.06%	0.08%	0.06%
AVB	B	0.06%	0.18%	0.06%
AVGO	D	1.45%	1.67%	1.45%
AVTR	F	0.03%	0.12%	0.03%
AWK	D	0.05%	0.49%	0.05%
AXP	A	0.31%	0.35%	0.31%
AZO	C	0.1%	0.23%	0.1%
BAC	A	0.61%	0.63%	0.61%
BALL	D	0.04%	0.12%	0.04%
BAX	D	0.03%	0.12%	0.03%
BBY	D	0.03%	0.08%	0.03%
BDX	F	0.13%	0.24%	0.13%
BIIB	F	0.04%	0.12%	0.04%
BK	A	0.11%	0.13%	0.11%
BKNG	A	0.32%	0.35%	0.32%
BLK	C	0.3%	0.33%	0.3%
BMRN	D	0.02%	0.11%	0.02%
BMY	B	0.22%	0.4%	0.22%
BR	A	0.05%	0.05%	0.05%
BSX	B	0.25%	0.38%	0.25%
C	A	0.25%	0.26%	0.25%
CAG	D	0.02%	0.09%	0.02%
CAH	B	0.06%	0.1%	0.06%
CARR	D	0.12%	0.12%	0.12%
CB	C	0.21%	0.24%	0.21%
CBRE	B	0.08%	0.06%	0.06%
CCI	D	0.09%	0.2%	0.09%
CDNS	B	0.15%	0.17%	0.15%
CDW	F	0.05%	0.05%	0.05%
CFG	B	0.04%	0.03%	0.03%
CHD	B	0.05%	0.16%	0.05%
CHTR	C	0.07%	0.08%	0.07%
CI	F	0.17%	0.17%	0.17%
CINF	A	0.05%	0.04%	0.04%
CL	D	0.15%	0.22%	0.15%
CLX	B	0.04%	0.16%	0.04%
CMCSA	B	0.32%	0.35%	0.32%
CME	A	0.16%	0.17%	0.16%
CMG	B	0.15%	0.17%	0.15%
CNC	D	0.06%	0.07%	0.06%
COF	B	0.14%	0.11%	0.11%
COIN	C	0.12%	0.12%	0.12%
COR	B	0.08%	0.17%	0.08%
CPAY	A	0.05%	0.06%	0.05%
CPB	D	0.02%	0.1%	0.02%
CPRT	A	0.1%	0.21%	0.1%
CRM	B	0.58%	0.64%	0.58%
CRWD	B	0.15%	0.16%	0.15%
CSCO	B	0.45%	0.59%	0.45%
CSGP	D	0.06%	0.06%	0.06%
CTAS	B	0.14%	0.17%	0.14%
CTSH	B	0.07%	0.08%	0.07%
CTVA	C	0.07%	0.19%	0.07%
CVS	D	0.13%	0.24%	0.13%
DAL	C	0.08%	0.17%	0.08%
DASH	A	0.1%	0.29%	0.1%
DDOG	A	0.07%	0.07%	0.07%
DE	A	0.19%	0.29%	0.19%
DFS	B	0.09%	0.1%	0.09%
DGX	A	0.03%	0.04%	0.03%
DHI	D	0.09%	0.19%	0.09%
DHR	F	0.29%	0.43%	0.29%
DIS	B	0.4%	0.41%	0.4%
DLR	B	0.11%	0.24%	0.11%
DOC	D	0.03%	0.14%	0.03%
DOV	A	0.05%	0.13%	0.05%
DPZ	C	0.03%	0.03%	0.03%
DXCM	D	0.06%	0.13%	0.06%
EA	A	0.08%	0.08%	0.08%
EBAY	D	0.06%	0.19%	0.06%
ECL	D	0.12%	0.23%	0.12%
EFX	F	0.06%	0.07%	0.06%
EG	C	0.03%	0.02%	0.02%
EIX	B	0.06%	0.56%	0.06%
EL	F	0.03%	0.1%	0.03%
ELV	F	0.18%	0.19%	0.18%
ENPH	F	0.02%	0.08%	0.02%
EQIX	A	0.16%	0.29%	0.16%
EQR	B	0.05%	0.16%	0.05%
ESS	B	0.04%	0.15%	0.04%
EW	C	0.08%	0.16%	0.08%
EXPD	D	0.03%	0.12%	0.03%
EXPE	B	0.04%	0.06%	0.04%
EXR	D	0.07%	0.19%	0.07%
F	C	0.08%	0.09%	0.08%
FAST	B	0.09%	0.23%	0.09%
FDX	B	0.13%	0.22%	0.13%
FI	A	0.23%	0.27%	0.23%
FICO	B	0.11%	0.12%	0.11%
FIS	C	0.09%	0.1%	0.09%
FITB	A	0.06%	0.07%	0.06%
FNF	B	0.03%	0.02%	0.02%
FOX	A	0.01%	0.01%	0.01%
FOXA	B	0.02%	0.02%	0.02%
FTNT	C	0.12%	0.12%	0.12%
GEHC	F	0.06%	0.18%	0.06%
GEN	B	0.03%	0.04%	0.03%
GILD	C	0.21%	0.38%	0.21%
GIS	D	0.07%	0.16%	0.07%
GLW	B	0.07%	0.16%	0.07%
GM	B	0.12%	0.16%	0.12%
GOOG	C	1.74%	1.89%	1.74%
GOOGL	C	1.95%	2.1%	1.95%
GPC	D	0.03%	0.12%	0.03%
GPN	B	0.06%	0.07%	0.06%
GRMN	B	0.06%	0.19%	0.06%
GS	A	0.37%	0.4%	0.37%
GWW	B	0.1%	0.19%	0.1%
HBAN	A	0.05%	0.06%	0.05%
HCA	F	0.12%	0.14%	0.12%
HD	A	0.78%	0.89%	0.78%
HIG	B	0.07%	0.05%	0.05%
HOLX	D	0.04%	0.14%	0.04%
HPQ	B	0.07%	0.13%	0.07%
HRL	D	0.02%	0.08%	0.02%
HSY	F	0.05%	0.15%	0.05%
HUBS	A	0.07%	0.07%	0.07%
HUM	C	0.06%	0.08%	0.06%
IBKR	A	0.04%	0.05%	0.04%
ICE	C	0.17%	0.19%	0.17%
IDXX	F	0.07%	0.16%	0.07%
IFF	D	0.04%	0.12%	0.04%
ILMN	D	0.04%	0.18%	0.04%
INCY	C	0.02%	0.16%	0.02%
INTC	D	0.2%	0.29%	0.2%
INTU	C	0.37%	0.39%	0.37%
INVH	D	0.04%	0.14%	0.04%
IP	B	0.04%	0.06%	0.04%
IQV	D	0.07%	0.07%	0.07%
IRM	D	0.06%	0.19%	0.06%
ISRG	A	0.36%	0.52%	0.36%
IT	C	0.08%	0.08%	0.08%
JBHT	C	0.03%	0.14%	0.03%
JCI	C	0.11%	0.12%	0.11%
JNJ	D	0.71%	0.85%	0.71%
JPM	A	1.34%	1.42%	1.34%
K	A	0.04%	0.17%	0.04%
KDP	D	0.07%	0.17%	0.07%
KEY	B	0.03%	0.03%	0.03%
KEYS	A	0.05%	0.16%	0.05%
KHC	F	0.05%	0.13%	0.05%
KKR	A	0.19%	0.22%	0.19%
KLAC	D	0.16%	0.25%	0.16%
KMB	D	0.09%	0.17%	0.09%
KO	D	0.46%	0.59%	0.46%
LEN	D	0.0%	0.19%	0.0%
LEN	D	0.08%	0.19%	0.08%
LEN	D	0.08%	0.05%	0.05%
LEN	D	0.0%	0.05%	0.0%
LH	C	0.04%	0.05%	0.04%
LLY	F	1.22%	1.45%	1.22%
LOW	D	0.3%	0.38%	0.3%
LRCX	F	0.18%	0.27%	0.18%
LULU	C	0.07%	0.2%	0.07%
LUV	C	0.04%	0.11%	0.04%
LYV	A	0.04%	0.04%	0.04%
MA	C	0.82%	0.89%	0.82%
MAA	B	0.04%	0.15%	0.04%
MAS	D	0.03%	0.12%	0.03%
MCD	D	0.41%	0.44%	0.41%
MCHP	D	0.06%	0.13%	0.06%
MCK	B	0.15%	0.25%	0.15%
MCO	B	0.14%	0.17%	0.14%
MDB	C	0.04%	0.04%	0.04%
MDLZ	F	0.17%	0.27%	0.17%
MDT	D	0.22%	0.34%	0.22%
MELI	D	0.18%	0.29%	0.18%
MET	A	0.1%	0.08%	0.08%
META	D	2.34%	3.18%	2.34%
MKC	D	0.04%	0.15%	0.04%
MKL	A	0.04%	0.04%	0.04%
MLM	B	0.07%	0.16%	0.07%
MMC	B	0.21%	0.23%	0.21%
MPWR	F	0.05%	0.12%	0.05%
MRK	F	0.47%	0.59%	0.47%
MRNA	F	0.02%	0.06%	0.02%
MRVL	B	0.15%	0.25%	0.15%
MS	A	0.32%	0.35%	0.32%
MSCI	C	0.09%	0.1%	0.09%
MSFT	F	5.94%	8.14%	5.94%
MSI	B	0.16%	0.29%	0.16%
MTB	A	0.07%	0.06%	0.06%
MTD	D	0.05%	0.15%	0.05%
MU	D	0.21%	0.29%	0.21%
NDAQ	A	0.06%	0.07%	0.06%
NET	B	0.05%	0.06%	0.05%
NFLX	A	0.68%	0.72%	0.68%
NKE	D	0.17%	0.29%	0.17%
NOW	A	0.4%	0.43%	0.4%
NTAP	C	0.05%	0.13%	0.05%
NTRS	A	0.04%	0.05%	0.04%
NUE	C	0.07%	0.08%	0.07%
NVDA	C	6.48%	7.67%	6.48%
NVR	D	0.05%	0.16%	0.05%
O	D	0.09%	0.21%	0.09%
ODFL	B	0.08%	0.22%	0.08%
OKTA	C	0.02%	0.03%	0.02%
OMC	C	0.04%	0.04%	0.04%
ON	D	0.05%	0.14%	0.05%
ORCL	B	0.57%	0.6%	0.57%
ORLY	B	0.14%	0.27%	0.14%
OTIS	C	0.08%	0.18%	0.08%
PANW	C	0.24%	0.26%	0.24%
PAYX	C	0.09%	0.1%	0.09%
PCAR	B	0.11%	0.13%	0.11%
PEP	F	0.42%	0.56%	0.42%
PFE	D	0.27%	0.4%	0.27%
PFG	D	0.04%	0.03%	0.03%
PG	A	0.77%	0.89%	0.77%
PGR	A	0.29%	0.3%	0.29%
PHM	D	0.05%	0.16%	0.05%
PINS	D	0.03%	0.04%	0.03%
PKG	A	0.04%	0.16%	0.04%
PLD	D	0.2%	0.32%	0.2%
PNC	B	0.16%	0.16%	0.16%
PPG	F	0.06%	0.14%	0.06%
PRU	A	0.09%	0.07%	0.07%
PSA	D	0.1%	0.23%	0.1%
PYPL	B	0.17%	0.19%	0.17%
QCOM	F	0.34%	0.45%	0.34%
RBLX	C	0.05%	0.05%	0.05%
REGN	F	0.15%	0.25%	0.15%
RF	A	0.05%	0.02%	0.02%
RJF	A	0.06%	0.07%	0.06%
RMD	C	0.07%	0.2%	0.07%
ROL	B	0.03%	0.04%	0.03%
RPRX	D	0.02%	0.13%	0.02%
SBAC	D	0.05%	0.17%	0.05%
SCHW	B	0.22%	0.25%	0.22%
SHW	A	0.17%	0.31%	0.17%
SIRI	C	0.01%	0.01%	0.01%
SMCI	F	0.02%	0.04%	0.02%
SNA	A	0.04%	0.16%	0.04%
SNAP	C	0.02%	0.02%	0.02%
SNOW	C	0.08%	0.08%	0.08%
SNPS	B	0.15%	0.17%	0.15%
SPG	B	0.11%	0.24%	0.11%
SPGI	C	0.3%	0.34%	0.3%
SQ	B	0.09%	0.1%	0.09%
SSNC	B	0.03%	0.03%	0.03%
STE	F	0.04%	0.15%	0.04%
STT	A	0.06%	0.07%	0.06%
STX	D	0.04%	0.11%	0.04%
SWKS	F	0.03%	0.09%	0.03%
SYF	B	0.05%	0.06%	0.05%
SYK	C	0.27%	0.36%	0.27%
SYY	B	0.07%	0.18%	0.07%
T	A	0.31%	0.32%	0.31%
TEAM	A	0.07%	0.08%	0.07%
TER	D	0.03%	0.09%	0.03%
TFC	A	0.12%	0.12%	0.12%
TGT	F	0.14%	0.21%	0.14%
TMO	F	0.38%	0.53%	0.38%
TMUS	B	0.22%	0.23%	0.22%
TROW	B	0.05%	0.06%	0.05%
TRU	D	0.04%	0.05%	0.04%
TRV	B	0.11%	0.11%	0.11%
TSCO	D	0.06%	0.12%	0.06%
TSN	B	0.03%	0.0%	0.0%
TT	A	0.18%	0.0%	0.0%
TTD	B	0.1%	0.11%	0.1%
TTWO	A	0.06%	0.06%	0.06%
TXN	C	0.35%	0.47%	0.35%
UAL	A	0.06%	0.15%	0.06%
UBER	D	0.28%	0.39%	0.28%
ULTA	F	0.03%	0.14%	0.03%
UNH	C	1.05%	1.11%	1.05%
UPS	C	0.19%	0.29%	0.19%
USB	A	0.15%	0.14%	0.14%
V	A	1.0%	1.01%	1.0%
VEEV	C	0.06%	0.07%	0.06%
VICI	C	0.06%	0.19%	0.06%
VRSK	A	0.08%	0.09%	0.08%
VRSN	F	0.03%	0.03%	0.03%
VRTX	F	0.23%	0.36%	0.23%
VTR	C	0.05%	0.18%	0.05%
VZ	C	0.34%	0.35%	0.34%
WAB	B	0.07%	0.12%	0.07%
WAT	B	0.04%	0.18%	0.04%
WBD	C	0.04%	0.05%	0.04%
WDAY	B	0.11%	0.12%	0.11%
WDC	D	0.04%	0.08%	0.04%
WELL	A	0.16%	0.31%	0.16%
WFC	A	0.49%	0.51%	0.49%
WM	A	0.15%	0.28%	0.15%
WRB	A	0.04%	0.03%	0.03%
WST	C	0.04%	0.16%	0.04%
WTW	B	0.06%	0.07%	0.06%
WY	D	0.04%	0.15%	0.04%
YUM	B	0.07%	0.05%	0.05%
ZBH	C	0.04%	0.15%	0.04%
ZBRA	B	0.04%	0.16%	0.04%
ZM	B	0.04%	0.04%	0.04%
ZS	C	0.04%	0.04%	0.04%
ZTS	D	0.15%	0.27%	0.15%

ILCB Overweight 292 Positions Relative to USNZ

Symbol	Grade	Weight
AMZN	C	3.7%
TSLA	B	1.72%
BRK.A	B	1.63%
XOM	B	1.02%
COST	B	0.78%
WMT	A	0.7%
CVX	A	0.53%
LIN	D	0.41%
PM	B	0.38%
GE	D	0.37%
CAT	B	0.36%
IBM	C	0.36%
NEE	D	0.3%
RTX	C	0.3%
HON	B	0.29%
ETN	A	0.28%
UNP	C	0.28%
TJX	A	0.26%
COP	C	0.25%
BX	A	0.25%
PLTR	B	0.25%
SBUX	A	0.22%
LMT	D	0.22%
BA	F	0.2%
MO	A	0.18%
SO	D	0.18%
DUK	C	0.17%
PH	A	0.17%
GEV	B	0.17%
APH	A	0.16%
EOG	A	0.15%
ITW	B	0.15%
APD	A	0.14%
CEG	D	0.14%
GD	F	0.14%
NOC	D	0.14%
MMM	D	0.14%
EMR	A	0.14%
CRH	A	0.13%
CSX	B	0.13%
WMB	A	0.13%
TDG	D	0.13%
MSTR	C	0.12%
APP	B	0.12%
HLT	A	0.12%
FCX	D	0.12%
SLB	C	0.12%
OKE	A	0.12%
MAR	B	0.12%
PSX	C	0.11%
URI	B	0.11%
NXPI	D	0.11%
ROP	B	0.11%
SRE	A	0.11%
NSC	B	0.11%
CMI	A	0.1%
AEP	D	0.1%
KMI	A	0.1%
MPC	D	0.1%
RCL	A	0.1%
PEG	A	0.09%
AME	A	0.09%
PCG	A	0.09%
VLO	C	0.09%
TEL	B	0.09%
HWM	A	0.09%
VST	B	0.09%
ROST	C	0.09%
LHX	C	0.09%
PWR	A	0.09%
NEM	D	0.09%
D	C	0.09%
LNG	B	0.09%
EXC	C	0.08%
KR	B	0.08%
HES	B	0.08%
FERG	B	0.08%
KVUE	A	0.08%
IR	B	0.08%
RSG	A	0.08%
BKR	B	0.08%
TRGP	B	0.08%
AXON	A	0.08%
VRT	B	0.08%
DD	D	0.07%
DELL	C	0.07%
MNST	C	0.07%
VMC	B	0.07%
XEL	A	0.07%
STZ	D	0.07%
ANSS	B	0.06%
CPNG	D	0.06%
XYL	D	0.06%
DOW	F	0.06%
FANG	D	0.06%
WEC	A	0.06%
OXY	D	0.06%
ETR	B	0.06%
ROK	B	0.06%
ED	D	0.06%
EME	C	0.05%
LPLA	A	0.05%
EQT	B	0.05%
DVN	F	0.05%
CCL	B	0.05%
AEE	A	0.05%
VLTO	D	0.05%
GDDY	A	0.05%
PPL	B	0.05%
DTE	C	0.05%
TYL	B	0.05%
SW	A	0.05%
HAL	C	0.05%
FTV	C	0.05%
TPL	A	0.05%
BRO	B	0.05%
DECK	A	0.05%
FCNCA	A	0.05%
HPE	B	0.05%
FDS	B	0.04%
WSO	A	0.04%
EXE	B	0.04%
CTRA	B	0.04%
NRG	B	0.04%
BAH	F	0.04%
DKNG	B	0.04%
FSLR	F	0.04%
LVS	C	0.04%
COO	D	0.04%
LII	A	0.04%
CNP	B	0.04%
DRI	B	0.04%
CMS	C	0.04%
STLD	B	0.04%
CSL	C	0.04%
FE	C	0.04%
BLDR	D	0.04%
LDOS	C	0.04%
LYB	F	0.04%
ES	D	0.04%
ATO	A	0.04%
TDY	B	0.04%
PTC	A	0.04%
HUBB	B	0.04%
NDSN	B	0.03%
DLTR	F	0.03%
UDR	B	0.03%
EPAM	C	0.03%
SWK	D	0.03%
RNR	C	0.03%
RVTY	F	0.03%
POOL	C	0.03%
SAIA	B	0.03%
UTHR	C	0.03%
FFIV	B	0.03%
JBL	B	0.03%
DT	C	0.03%
EVRG	A	0.03%
AMCR	D	0.03%
ENTG	D	0.03%
ACM	A	0.03%
PSTG	D	0.03%
USFD	A	0.03%
TW	A	0.03%
GGG	B	0.03%
THC	D	0.03%
CASY	A	0.03%
FLEX	A	0.03%
RGA	A	0.03%
SUI	D	0.03%
VTRS	A	0.03%
LNT	A	0.03%
TOL	B	0.03%
L	A	0.03%
WSM	B	0.03%
AVY	D	0.03%
CF	B	0.03%
FIX	A	0.03%
DOCU	A	0.03%
MRO	B	0.03%
TXT	D	0.03%
HEI	B	0.03%
TWLO	A	0.03%
NI	A	0.03%
HOOD	B	0.03%
MANH	D	0.03%
DG	F	0.03%
OC	A	0.03%
KIM	A	0.03%
XPO	B	0.03%
NTNX	A	0.03%
BURL	A	0.03%
FWONK	B	0.03%
IEX	B	0.03%
PNR	A	0.03%
MOH	F	0.03%
TRMB	B	0.03%
RPM	A	0.03%
RS	B	0.03%
J	F	0.03%
PODD	C	0.03%
NTRA	B	0.03%
MEDP	D	0.02%
CE	F	0.02%
DVA	B	0.02%
APA	D	0.02%
MOS	F	0.02%
AOS	F	0.02%
WYNN	D	0.02%
MGM	D	0.02%
EXAS	D	0.02%
WING	D	0.02%
TFX	F	0.02%
AR	B	0.02%
MORN	B	0.02%
SOLV	C	0.02%
WMS	D	0.02%
WTRG	B	0.02%
SRPT	D	0.02%
CRL	C	0.02%
ALLY	C	0.02%
CNH	C	0.02%
AES	F	0.02%
CHDN	B	0.02%
LKQ	D	0.02%
UNM	A	0.02%
ERIE	D	0.02%
IPG	D	0.02%
AFG	A	0.02%
TECH	D	0.02%
BJ	A	0.02%
FND	C	0.02%
LW	C	0.02%
NWSA	B	0.02%
TTEK	F	0.02%
PAYC	B	0.02%
CCK	C	0.02%
TAP	C	0.02%
CG	A	0.02%
SJM	D	0.02%
HEI	B	0.02%
BLD	D	0.02%
RRX	B	0.02%
DKS	C	0.02%
DAY	B	0.02%
OVV	B	0.02%
AMH	D	0.02%
UHS	D	0.02%
JNPR	F	0.02%
NVT	B	0.02%
ALB	C	0.02%
LECO	B	0.02%
HST	C	0.02%
NBIX	C	0.02%
EMN	D	0.02%
WPC	D	0.02%
KMX	B	0.02%
BXP	D	0.02%
ALLE	D	0.02%
REG	B	0.02%
SCI	B	0.02%
EQH	B	0.02%
JKHY	D	0.02%
CLH	B	0.02%
CPT	B	0.02%
BG	F	0.02%
ELS	C	0.02%
GLPI	C	0.02%
PFGC	B	0.02%
COTY	F	0.01%
PAG	B	0.01%
NWS	B	0.01%
CELH	F	0.01%
WLK	D	0.01%
BRKR	D	0.01%
U	C	0.01%
SNX	C	0.01%
WBA	F	0.01%
UHAL	D	0.01%
PCOR	B	0.01%
BSY	D	0.01%
QRVO	F	0.01%
BEN	C	0.01%
AZPN	A	0.01%
DINO	D	0.01%
ACI	C	0.01%
HII	D	0.01%
CNM	D	0.01%
UHAL	D	0.0%
FWONA	B	0.0%
ALAB	B	0.0%
AGR	B	0.0%

ILCB Underweight 10 Positions Relative to USNZ

Symbol	Grade	Weight
USCA	A	-0.18%
SPOT	B	-0.14%
SCCO	F	-0.1%
ARM	D	-0.09%
GFS	C	-0.06%
CBOE	B	-0.05%
DOX	D	-0.02%
PABU	A	-0.01%
RKT	F	-0.01%
WMG	C	-0.01%