ISCV vs. VIS ETF Comparison

Comparison of iShares Morningstar Small-Cap Value ETF (ISCV) to Vanguard Industrials ETF - DNQ (VIS)

ISCV

iShares Morningstar Small-Cap Value ETF

ISCV Description

The investment seeks to track the investment results of the Morningstar US Small Cap Broad Value Extended IndexSM composed of small-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. The underlying index measures the performance of stocks issued by small-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.âs (Morningstar or the index provider) proprietary index methodology

Grade (RS Rating)

Last Trade

$65.92

Average Daily Volume

7,996

Number of Holdings ^*

1113

* may have additional holdings in another (foreign) market

VIS

Vanguard Industrials ETF - DNQ

VIS Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Industrials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the industrials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$268.60

Average Daily Volume

74,342

Number of Holdings ^*

361

* may have additional holdings in another (foreign) market

Performance

Period	ISCV	VIS
30 Days	1.70%	0.52%
60 Days	5.45%	6.95%
90 Days	8.10%	10.31%
12 Months	27.35%	34.85%

161 Overlapping Holdings

Symbol	Grade	Weight in ISCV	Weight in VIS	Overlap
AAL	B	0.34%	0.14%	0.14%
ABM	B	0.07%	0.06%	0.06%
ACHR	B	0.01%	0.01%	0.01%
AGCO	D	0.24%	0.11%	0.11%
AGX	B	0.04%	0.02%	0.02%
AIN	C	0.04%	0.05%	0.04%
AIR	B	0.05%	0.04%	0.04%
AL	A	0.11%	0.09%	0.09%
ALGT	A	0.05%	0.02%	0.02%
ALIT	C	0.08%	0.05%	0.05%
ALK	A	0.27%	0.11%	0.11%
ALSN	B	0.26%	0.15%	0.15%
AMRC	F	0.03%	0.02%	0.02%
AMWD	B	0.04%	0.03%	0.03%
APOG	B	0.04%	0.03%	0.03%
ARCB	C	0.06%	0.05%	0.05%
ASTE	B	0.03%	0.01%	0.01%
ATKR	C	0.09%	0.06%	0.06%
ATSG	A	0.03%	0.02%	0.02%
AYI	A	0.12%	0.15%	0.12%
AZZ	B	0.05%	0.04%	0.04%
B	A	0.09%	0.04%	0.04%
BBSI	A	0.02%	0.02%	0.02%
BCC	B	0.23%	0.1%	0.1%
BCO	F	0.06%	0.09%	0.06%
BECN	B	0.27%	0.1%	0.1%
BRC	C	0.07%	0.06%	0.06%
BV	C	0.03%	0.02%	0.02%
BXC	B	0.03%	0.02%	0.02%
CACI	C	0.17%	0.21%	0.17%
CAR	C	0.07%	0.03%	0.03%
CHPT	F	0.02%	0.01%	0.01%
CHRW	A	0.52%	0.24%	0.24%
CLVT	F	0.05%	0.04%	0.04%
CMCO	C	0.02%	0.02%	0.02%
CMPR	F	0.05%	0.02%	0.02%
CNDT	B	0.03%	0.01%	0.01%
CNXC	F	0.08%	0.04%	0.04%
CR	A	0.11%	0.14%	0.11%
CSGS	A	0.07%	0.03%	0.03%
CXW	B	0.1%	0.03%	0.03%
DLX	A	0.04%	0.02%	0.02%
DNB	B	0.14%	0.06%	0.06%
DNOW	A	0.03%	0.03%	0.03%
DRVN	A	0.02%	0.02%	0.02%
DXPE	A	0.01%	0.01%	0.01%
EBF	D	0.02%	0.01%	0.01%
ENS	D	0.09%	0.08%	0.08%
ESAB	B	0.09%	0.11%	0.09%
FA	D	0.03%	0.02%	0.02%
FBIN	D	0.41%	0.2%	0.2%
FLR	B	0.41%	0.15%	0.15%
FLS	A	0.13%	0.12%	0.12%
FWRD	D	0.03%	0.01%	0.01%
GATX	A	0.13%	0.08%	0.08%
GBX	A	0.08%	0.03%	0.03%
GEO	A	0.13%	0.03%	0.03%
GFF	A	0.04%	0.05%	0.04%
GIC	F	0.0%	0.01%	0.0%
GMS	A	0.16%	0.07%	0.07%
GNK	C	0.03%	0.02%	0.02%
GNRC	B	0.26%	0.18%	0.18%
GTES	B	0.16%	0.07%	0.07%
GVA	A	0.08%	0.06%	0.06%
GXO	B	0.18%	0.11%	0.11%
HAYW	A	0.04%	0.04%	0.04%
HCSG	B	0.04%	0.01%	0.01%
HEES	B	0.04%	0.03%	0.03%
HI	C	0.06%	0.04%	0.04%
HLIO	B	0.04%	0.03%	0.03%
HNI	A	0.07%	0.05%	0.05%
HRI	B	0.13%	0.08%	0.08%
HSII	B	0.02%	0.01%	0.01%
HTLD	B	0.03%	0.01%	0.01%
HTZ	C	0.02%	0.01%	0.01%
HUBG	A	0.12%	0.05%	0.05%
HY	F	0.03%	0.01%	0.01%
IIIN	C	0.01%	0.01%	0.01%
JBI	F	0.01%	0.03%	0.01%
JBLU	C	0.08%	0.04%	0.04%
JBT	B	0.06%	0.06%	0.06%
JELD	F	0.04%	0.02%	0.02%
JOBY	B	0.06%	0.03%	0.03%
KAR	A	0.03%	0.03%	0.03%
KELYA	F	0.02%	0.01%	0.01%
KEX	A	0.1%	0.13%	0.1%
KFRC	D	0.02%	0.02%	0.02%
KFY	B	0.07%	0.07%	0.07%
KMT	B	0.09%	0.04%	0.04%
KNX	B	0.13%	0.16%	0.13%
KRT	A	0.01%	0.0%	0.0%
LSTR	D	0.15%	0.12%	0.12%
LYFT	B	0.15%	0.09%	0.09%
MAN	F	0.13%	0.06%	0.06%
MATW	C	0.03%	0.01%	0.01%
MATX	B	0.15%	0.09%	0.09%
MDU	D	0.14%	0.1%	0.1%
MIDD	D	0.17%	0.14%	0.14%
MLI	B	0.21%	0.15%	0.15%
MLKN	F	0.04%	0.03%	0.03%
MLR	B	0.02%	0.01%	0.01%
MMS	D	0.15%	0.1%	0.1%
MOG.A	B	0.07%	0.11%	0.07%
MRC	B	0.05%	0.02%	0.02%
MRCY	B	0.09%	0.03%	0.03%
MRTN	C	0.03%	0.02%	0.02%
MSA	D	0.11%	0.12%	0.11%
MSM	C	0.09%	0.07%	0.07%
MWA	A	0.05%	0.06%	0.05%
NPK	B	0.01%	0.01%	0.01%
NPO	A	0.04%	0.06%	0.04%
NVEE	F	0.02%	0.02%	0.02%
NVRI	F	0.02%	0.02%	0.02%
NX	C	0.03%	0.02%	0.02%
OSK	C	0.21%	0.12%	0.12%
PBI	C	0.03%	0.02%	0.02%
PLOW	D	0.01%	0.01%	0.01%
PLPC	B	0.01%	0.01%	0.01%
PLUG	D	0.03%	0.03%	0.03%
PRIM	A	0.07%	0.06%	0.06%
PRLB	B	0.02%	0.01%	0.01%
PSN	C	0.12%	0.09%	0.09%
R	A	0.16%	0.12%	0.12%
REVG	A	0.05%	0.03%	0.03%
REZI	A	0.07%	0.05%	0.05%
RHI	B	0.12%	0.13%	0.12%
RKLB	B	0.07%	0.05%	0.05%
RUN	F	0.11%	0.07%	0.07%
RUSHA	B	0.07%	0.06%	0.06%
RXO	C	0.07%	0.05%	0.05%
SAIC	D	0.19%	0.13%	0.13%
SCS	A	0.05%	0.02%	0.02%
SITE	D	0.11%	0.12%	0.11%
SKYW	A	0.07%	0.06%	0.06%
SNCY	B	0.02%	0.01%	0.01%
SNDR	B	0.07%	0.03%	0.03%
SPR	D	0.06%	0.07%	0.06%
ST	F	0.21%	0.1%	0.1%
SXI	A	0.04%	0.04%	0.04%
TEX	D	0.16%	0.07%	0.07%
TGI	A	0.03%	0.02%	0.02%
THR	C	0.01%	0.02%	0.01%
TILE	A	0.02%	0.02%	0.02%
TITN	C	0.01%	0.01%	0.01%
TKR	F	0.1%	0.1%	0.1%
TNC	F	0.03%	0.03%	0.03%
TNET	F	0.08%	0.06%	0.06%
TPC	C	0.06%	0.02%	0.02%
TRN	A	0.05%	0.05%	0.05%
TTC	D	0.16%	0.16%	0.16%
TWI	F	0.02%	0.01%	0.01%
UFPI	C	0.15%	0.15%	0.15%
ULCC	B	0.01%	0.01%	0.01%
ULH	B	0.01%	0.01%	0.01%
UNF	A	0.06%	0.05%	0.05%
UPWK	B	0.05%	0.02%	0.02%
VMI	B	0.28%	0.11%	0.11%
VSTS	F	0.05%	0.03%	0.03%
WCC	A	0.38%	0.15%	0.15%
WERN	B	0.06%	0.04%	0.04%
WNC	C	0.02%	0.02%	0.02%

ISCV Overweight 952 Positions Relative to VIS

Symbol	Grade	Weight
CVNA	A	0.6%
EWBC	A	0.59%
Z	A	0.49%
TPR	A	0.49%
AA	A	0.47%
SF	A	0.47%
FHN	A	0.44%
AIZ	A	0.44%
GL	B	0.42%
PNW	A	0.42%
LAD	A	0.42%
WAL	A	0.41%
WBS	A	0.41%
OHI	C	0.41%
NLY	C	0.4%
X	D	0.39%
DTM	A	0.39%
PR	C	0.39%
LUMN	C	0.38%
PNFP	A	0.38%
ORI	A	0.38%
HSIC	D	0.37%
CMA	A	0.37%
CBSH	A	0.36%
OGE	A	0.35%
ZION	A	0.35%
CHRD	F	0.34%
SSB	A	0.34%
SNV	A	0.34%
WTFC	A	0.34%
JLL	C	0.34%
RRC	B	0.33%
EVR	A	0.33%
BWA	A	0.33%
VNO	B	0.32%
MHK	D	0.32%
BERY	D	0.32%
PB	A	0.31%
JAZZ	A	0.31%
FMC	F	0.31%
ELAN	C	0.3%
TMHC	B	0.3%
VFC	B	0.3%
RIVN	F	0.3%
AGNC	C	0.3%
CMC	B	0.29%
BBWI	C	0.29%
JEF	A	0.29%
MTDR	C	0.28%
BPOP	C	0.28%
CADE	A	0.28%
MTH	D	0.28%
ONB	B	0.28%
JXN	B	0.28%
FAF	C	0.27%
DAR	B	0.27%
ARW	D	0.27%
G	A	0.27%
INGR	B	0.27%
PARA	C	0.27%
LAMR	D	0.27%
AXS	A	0.27%
MTG	C	0.27%
KD	A	0.26%
COLB	A	0.26%
GBCI	A	0.26%
FYBR	C	0.26%
LNC	A	0.25%
WHR	A	0.25%
IVZ	B	0.25%
PVH	C	0.25%
COOP	B	0.25%
GME	C	0.25%
OMF	A	0.25%
STWD	D	0.25%
CFR	A	0.24%
JHG	A	0.24%
FNB	A	0.24%
NXST	D	0.24%
ESNT	D	0.24%
GPI	A	0.23%
BRX	A	0.23%
RITM	C	0.23%
UBSI	A	0.23%
UMBF	A	0.23%
SLM	A	0.22%
RVMD	B	0.22%
SLG	B	0.22%
ABG	A	0.22%
CZR	F	0.22%
HRB	D	0.22%
AUR	D	0.22%
WH	A	0.22%
KBH	D	0.22%
NFG	A	0.22%
MC	B	0.22%
SM	C	0.21%
KTB	A	0.21%
SON	D	0.21%
UGI	C	0.21%
HWC	A	0.21%
ROIV	D	0.21%
MUR	F	0.21%
OZK	A	0.21%
SEE	B	0.21%
HAS	D	0.21%
VOYA	A	0.21%
OLN	F	0.21%
AVT	C	0.21%
GPK	D	0.2%
KRC	C	0.2%
EAT	A	0.2%
CIEN	B	0.2%
BIO	C	0.2%
BYD	A	0.2%
HOG	D	0.19%
CUZ	B	0.19%
M	C	0.19%
FRT	B	0.19%
MHO	D	0.19%
ABCB	A	0.19%
MGY	A	0.19%
AVNT	A	0.19%
LPX	A	0.18%
LBRDK	B	0.18%
CTRE	D	0.18%
SIG	B	0.18%
CROX	F	0.18%
VLY	A	0.18%
FLO	D	0.18%
SLGN	B	0.18%
AN	D	0.18%
ADC	A	0.17%
MKSI	D	0.17%
DXC	C	0.17%
SFM	A	0.17%
ASB	A	0.17%
TXNM	A	0.17%
KMPR	A	0.17%
ESI	B	0.17%
SWX	A	0.17%
SBRA	C	0.17%
PRI	A	0.17%
BKH	A	0.17%
OGN	F	0.17%
NNN	D	0.17%
MAT	C	0.17%
CNO	A	0.17%
MAC	A	0.17%
SIGI	A	0.17%
RGLD	C	0.17%
TNL	A	0.16%
CALM	A	0.16%
OGS	A	0.16%
ZG	A	0.16%
DBX	C	0.16%
NOG	A	0.16%
ASO	F	0.16%
W	F	0.16%
MKTX	C	0.16%
HCC	B	0.16%
IDA	A	0.16%
TPH	D	0.16%
TCBI	A	0.16%
CIVI	F	0.16%
STAG	D	0.16%
HLI	A	0.16%
FFIN	A	0.16%
GMED	A	0.15%
CBU	A	0.15%
HP	C	0.15%
XRAY	F	0.15%
NWL	B	0.15%
ALV	C	0.15%
CYTK	D	0.15%
CATY	A	0.15%
ATR	B	0.15%
HIW	D	0.15%
AUB	A	0.15%
WU	F	0.15%
CRUS	F	0.15%
PRGO	C	0.15%
SR	A	0.15%
NVST	C	0.15%
FULT	A	0.15%
CNX	A	0.15%
WD	D	0.15%
ALE	A	0.15%
UCB	A	0.15%
PII	F	0.15%
CCOI	B	0.15%
ESGR	B	0.15%
NJR	A	0.14%
LBTYA	F	0.14%
SLVM	B	0.14%
BC	D	0.14%
FBP	A	0.14%
CRC	B	0.14%
EPR	D	0.14%
LEA	F	0.14%
LBTYK	A	0.14%
NEOG	D	0.14%
FHB	A	0.14%
HOMB	A	0.14%
AM	A	0.14%
BTU	B	0.14%
FHI	A	0.14%
CC	C	0.13%
SFNC	B	0.13%
NWE	C	0.13%
PK	C	0.13%
FIBK	A	0.13%
WEX	F	0.13%
BOH	A	0.13%
SFBS	A	0.13%
RL	B	0.13%
BXMT	D	0.13%
SATS	D	0.13%
GHC	A	0.13%
PBF	D	0.13%
BHF	A	0.13%
FLG	F	0.13%
CXT	D	0.13%
TDS	B	0.13%
TGNA	B	0.13%
AMG	A	0.13%
PTON	B	0.12%
GT	C	0.12%
SANM	B	0.12%
LXP	D	0.12%
SEIC	A	0.12%
NMIH	D	0.12%
VIRT	A	0.12%
MASI	A	0.12%
THO	B	0.12%
AVA	C	0.12%
CVBF	A	0.12%
BKU	A	0.12%
LBRT	F	0.12%
PFSI	D	0.12%
PIPR	A	0.12%
PRGS	B	0.12%
HBI	A	0.12%
BFH	A	0.12%
IAC	D	0.12%
POR	D	0.12%
VAC	B	0.12%
ARCH	B	0.12%
WAFD	A	0.12%
MTN	C	0.12%
INDB	A	0.12%
ASGN	D	0.12%
ALTM	C	0.12%
CPRI	F	0.11%
ENVA	A	0.11%
CRSP	D	0.11%
COMP	B	0.11%
TTMI	B	0.11%
VC	F	0.11%
MTX	B	0.11%
CORZ	B	0.11%
BOKF	A	0.11%
ABR	C	0.11%
THG	A	0.11%
PFS	A	0.11%
PPBI	A	0.11%
REXR	F	0.11%
CACC	D	0.11%
FFBC	A	0.11%
RDN	C	0.11%
MPW	F	0.11%
COLD	F	0.11%
PENN	B	0.11%
NEU	C	0.11%
PRK	A	0.11%
DEI	B	0.11%
HTLF	A	0.11%
IBTX	A	0.1%
LGIH	F	0.1%
BANC	A	0.1%
AEIS	B	0.1%
ADT	B	0.1%
VSTO	A	0.1%
VNT	C	0.1%
CORT	B	0.1%
CWK	B	0.1%
PBH	A	0.1%
OMCL	C	0.1%
TPX	A	0.1%
NSIT	F	0.1%
PINC	B	0.1%
AXTA	A	0.1%
CEIX	A	0.1%
TOWN	A	0.1%
CLF	F	0.1%
JWN	A	0.1%
BANR	A	0.1%
NOV	D	0.1%
FTDR	B	0.1%
ENOV	C	0.1%
VSCO	A	0.1%
FRME	A	0.1%
TPG	B	0.1%
POST	D	0.1%
BNL	D	0.09%
VYX	C	0.09%
PRG	A	0.09%
VSH	F	0.09%
RKT	F	0.09%
GAP	C	0.09%
UAA	B	0.09%
PCH	D	0.09%
IRT	A	0.09%
HUN	F	0.09%
POWI	D	0.09%
WHD	B	0.09%
HL	D	0.09%
EQC	A	0.09%
EFSC	A	0.09%
NMRK	B	0.09%
ALKS	B	0.09%
EEFT	C	0.09%
ENR	A	0.09%
INFA	F	0.09%
LITE	A	0.09%
MBC	D	0.09%
AMED	F	0.09%
RIG	D	0.09%
TRMK	A	0.09%
SHOO	D	0.09%
BGC	B	0.09%
CAKE	A	0.09%
GRBK	D	0.09%
ETSY	D	0.09%
AHR	A	0.09%
ZD	B	0.09%
WLY	B	0.09%
EPRT	C	0.09%
NBTB	A	0.09%
PHIN	A	0.09%
EPC	F	0.08%
TGTX	B	0.08%
HE	D	0.08%
FBNC	A	0.08%
DIOD	F	0.08%
WSFS	A	0.08%
STEP	A	0.08%
MGEE	A	0.08%
AKR	B	0.08%
BEAM	D	0.08%
HGV	B	0.08%
DNLI	C	0.08%
DRH	B	0.08%
SUPN	B	0.08%
RH	C	0.08%
FCF	A	0.08%
BLKB	D	0.08%
AROC	A	0.08%
CRI	D	0.08%
LCII	D	0.08%
ASH	F	0.08%
GPOR	A	0.08%
OTTR	C	0.08%
STC	A	0.08%
QDEL	F	0.08%
FBK	A	0.08%
HASI	F	0.08%
OI	C	0.08%
PRKS	A	0.08%
KNF	B	0.08%
CRGY	A	0.08%
RYN	D	0.08%
AX	A	0.08%
KSS	F	0.08%
STR	B	0.08%
H	B	0.08%
HLMN	B	0.08%
SEM	B	0.08%
WSBC	A	0.08%
OFG	B	0.08%
FL	F	0.08%
CNK	A	0.08%
CBT	C	0.08%
NATL	B	0.08%
BDC	B	0.08%
AMKR	F	0.07%
CPK	A	0.07%
ATGE	B	0.07%
STBA	A	0.07%
SXT	C	0.07%
GNL	D	0.07%
NXT	C	0.07%
LEG	F	0.07%
UPBD	B	0.07%
HOPE	A	0.07%
ACIW	B	0.07%
PATK	C	0.07%
FCFS	F	0.07%
LEVI	F	0.07%
CENTA	C	0.07%
NSA	C	0.07%
AMR	C	0.07%
DDS	B	0.07%
SASR	A	0.07%
PLXS	B	0.07%
SMG	D	0.07%
LTC	B	0.07%
NNI	C	0.07%
WKC	C	0.07%
KOS	D	0.07%
CDP	C	0.07%
CCS	F	0.07%
HMN	A	0.07%
PDCO	F	0.07%
IART	C	0.07%
COLM	B	0.07%
GEF	A	0.07%
WWW	A	0.07%
LZB	A	0.07%
RNG	B	0.07%
CABO	B	0.07%
KN	B	0.07%
WGO	B	0.07%
BOOT	C	0.07%
QS	F	0.07%
THS	F	0.07%
NBHC	A	0.07%
NWBI	A	0.07%
IBOC	A	0.07%
ICUI	D	0.07%
FCPT	C	0.07%
FUL	F	0.07%
BHLB	A	0.06%
BLMN	F	0.06%
MD	B	0.06%
RDFN	D	0.06%
SBH	A	0.06%
CODI	A	0.06%
DBD	D	0.06%
WOR	F	0.06%
SPNT	A	0.06%
WABC	A	0.06%
UNIT	B	0.06%
LADR	A	0.06%
AEO	F	0.06%
BKE	A	0.06%
ROIC	A	0.06%
JBGS	D	0.06%
EBC	A	0.06%
OUT	C	0.06%
PTEN	D	0.06%
VRNT	D	0.06%
AGIO	B	0.06%
HELE	C	0.06%
BUSE	A	0.06%
IVT	B	0.06%
TROX	F	0.06%
NTCT	B	0.06%
CWT	C	0.06%
VBTX	A	0.06%
TCBK	A	0.06%
ELME	D	0.06%
UA	B	0.06%
AGO	A	0.06%
SNEX	A	0.06%
IIPR	F	0.06%
CUBI	B	0.06%
AMBA	B	0.06%
STEL	A	0.06%
ADEA	C	0.06%
NWN	A	0.06%
SKT	A	0.06%
INSW	F	0.06%
HTH	B	0.06%
AMN	F	0.06%
IPGP	D	0.06%
WTM	A	0.06%
AMC	C	0.06%
WEN	C	0.06%
APAM	A	0.06%
NGVT	B	0.06%
PLAB	D	0.06%
MSGS	B	0.06%
URBN	C	0.05%
CASH	A	0.05%
CSR	A	0.05%
CBRL	C	0.05%
ITGR	B	0.05%
AMSF	A	0.05%
JJSF	C	0.05%
COLL	F	0.05%
SJW	F	0.05%
AMRX	C	0.05%
TRS	D	0.05%
INVA	C	0.05%
DK	D	0.05%
PTCT	B	0.05%
YELP	C	0.05%
LKFN	A	0.05%
RC	F	0.05%
DAN	F	0.05%
GOLF	A	0.05%
DYN	F	0.05%
CRK	A	0.05%
CHCO	A	0.05%
PMT	D	0.05%
ECPG	A	0.05%
TFIN	A	0.05%
DRS	B	0.05%
MFA	D	0.05%
CIM	D	0.05%
MSGE	D	0.05%
OCFC	A	0.05%
SRCE	A	0.05%
PCT	C	0.05%
OXM	F	0.05%
TWO	D	0.05%
CNNE	B	0.05%
AGM	A	0.05%
ARI	D	0.05%
PEBO	A	0.05%
ARWR	D	0.05%
KW	C	0.05%
HHH	B	0.05%
DCOM	A	0.05%
GIII	D	0.05%
NAVI	D	0.05%
FDP	A	0.05%
YETI	F	0.05%
BANF	A	0.05%
AAP	D	0.05%
DORM	B	0.05%
UNFI	A	0.05%
UVV	B	0.05%
TDW	F	0.05%
PDM	D	0.05%
ZI	D	0.05%
CPRX	C	0.05%
SCSC	B	0.05%
KLG	F	0.05%
VCTR	B	0.05%
CDE	D	0.05%
DEA	D	0.05%
PECO	A	0.05%
SABR	B	0.05%
PLAY	C	0.05%
EVTC	C	0.05%
LAUR	A	0.05%
KALU	C	0.05%
LRN	A	0.05%
PLUS	F	0.05%
WMK	B	0.04%
AESI	D	0.04%
BY	A	0.04%
SCL	D	0.04%
AGL	F	0.04%
EMBC	C	0.04%
CFFN	A	0.04%
AAT	C	0.04%
SNDX	D	0.04%
AKRO	C	0.04%
MNRO	B	0.04%
GO	C	0.04%
WS	B	0.04%
FMBH	A	0.04%
QCRH	A	0.04%
VIR	C	0.04%
FOLD	F	0.04%
PRAA	C	0.04%
MBUU	C	0.04%
UVSP	A	0.04%
CTBI	A	0.04%
SHC	D	0.04%
BDN	D	0.04%
PRM	C	0.04%
LGF.A	F	0.04%
RRR	D	0.04%
HFWA	A	0.04%
PPC	B	0.04%
OSIS	A	0.04%
GABC	A	0.04%
DX	A	0.04%
JACK	D	0.04%
GTX	D	0.04%
ARR	C	0.04%
IDYA	F	0.04%
USM	B	0.04%
ADNT	F	0.04%
LILAK	F	0.04%
ESRT	D	0.04%
TBBK	A	0.04%
RWT	D	0.04%
UTL	C	0.04%
PARR	D	0.04%
ULS	D	0.04%
REYN	D	0.04%
KURA	F	0.04%
SAH	A	0.04%
PGRE	C	0.04%
MQ	F	0.04%
NIC	A	0.04%
VRTS	A	0.04%
ODP	F	0.04%
PEB	F	0.04%
BHE	B	0.04%
CNOB	A	0.04%
FOXF	F	0.04%
UE	B	0.04%
SYBT	A	0.04%
VAL	F	0.04%
SYNA	C	0.04%
EFC	D	0.04%
TMP	A	0.04%
SKWD	A	0.04%
PFC	A	0.04%
TDOC	C	0.04%
LGND	B	0.04%
CWEN	D	0.04%
ACT	C	0.04%
MCY	A	0.04%
OBK	A	0.04%
NEO	C	0.04%
SBCF	A	0.04%
SXC	A	0.04%
NHC	B	0.04%
FBMS	A	0.04%
IMKTA	C	0.04%
BKD	F	0.04%
ANDE	C	0.04%
XRX	F	0.04%
LPG	F	0.04%
TDC	F	0.04%
SBSI	B	0.04%
CAL	D	0.04%
KNTK	A	0.04%
GTY	C	0.04%
BRKL	A	0.04%
VIAV	B	0.04%
FBRT	C	0.04%
OPEN	F	0.04%
ACEL	B	0.03%
RLJ	C	0.03%
USPH	C	0.03%
SCHL	F	0.03%
MXL	C	0.03%
HTBK	A	0.03%
EQBK	A	0.03%
WOLF	F	0.03%
ETD	D	0.03%
MSEX	B	0.03%
STGW	B	0.03%
HZO	F	0.03%
AVNS	F	0.03%
LBRDA	B	0.03%
PWP	A	0.03%
IRWD	D	0.03%
LPRO	C	0.03%
CPF	A	0.03%
BFST	B	0.03%
HAIN	F	0.03%
TRST	A	0.03%
SHEN	F	0.03%
ATMU	A	0.03%
SPTN	F	0.03%
WTTR	A	0.03%
SYRE	D	0.03%
INN	D	0.03%
SEB	F	0.03%
VTS	A	0.03%
LMND	A	0.03%
CARS	B	0.03%
ZYME	B	0.03%
KROS	C	0.03%
VRDN	C	0.03%
TXG	F	0.03%
KREF	D	0.03%
EVRI	A	0.03%
NAPA	A	0.03%
INFN	C	0.03%
RGR	F	0.03%
SMP	C	0.03%
AXL	C	0.03%
DVAX	C	0.03%
AMTB	B	0.03%
MCBS	A	0.03%
FCBC	B	0.03%
MATV	F	0.03%
SAFT	A	0.03%
TNDM	F	0.03%
VTLE	C	0.03%
CMTG	D	0.03%
HUT	B	0.03%
RYI	B	0.03%
VRE	A	0.03%
AHH	D	0.03%
LC	B	0.03%
RCKT	F	0.03%
VTOL	B	0.03%
VSAT	F	0.03%
MGNI	A	0.03%
TALO	C	0.03%
IBCP	A	0.03%
DFIN	D	0.03%
MBWM	A	0.03%
FG	A	0.03%
HLF	C	0.03%
HBNC	A	0.03%
OSBC	A	0.03%
NVCR	D	0.03%
DOCN	D	0.03%
PRDO	B	0.03%
PSMT	D	0.03%
EGBN	A	0.03%
EIG	A	0.03%
BBIO	F	0.03%
SMMT	D	0.03%
SSTK	F	0.03%
BRSP	B	0.03%
LBPH	A	0.03%
ETNB	D	0.03%
VVX	C	0.03%
CHEF	B	0.03%
ASIX	B	0.03%
IDT	B	0.02%
WSR	B	0.02%
NEXT	B	0.02%
VZIO	A	0.02%
GRNT	B	0.02%
RCUS	F	0.02%
LFST	C	0.02%
BRY	F	0.02%
FIP	D	0.02%
LGF.A	F	0.02%
PCRX	C	0.02%
DAWN	D	0.02%
BELFB	C	0.02%
IE	C	0.02%
CCRN	F	0.02%
HOUS	F	0.02%
CLNE	D	0.02%
SD	F	0.02%
VREX	C	0.02%
CWEN	D	0.02%
CBL	B	0.02%
JBSS	F	0.02%
SDGR	D	0.02%
BALY	A	0.02%
VECO	F	0.02%
CCO	D	0.02%
KOP	C	0.02%
SCVL	F	0.02%
GOOD	B	0.02%
LEU	C	0.02%
CGEM	F	0.02%
AUPH	B	0.02%
LXU	C	0.02%
SAFE	F	0.02%
ALEX	B	0.02%
FLGT	F	0.02%
RBCAA	A	0.02%
RGNX	F	0.02%
USNA	C	0.02%
SITC	D	0.02%
OPK	A	0.02%
CLW	F	0.02%
CFB	B	0.02%
BFC	B	0.02%
ECVT	C	0.02%
PLRX	D	0.02%
DHC	F	0.02%
CWH	B	0.02%
BTSG	A	0.02%
WRLD	D	0.02%
MTTR	B	0.02%
CMP	B	0.02%
OMI	F	0.02%
CVLG	A	0.02%
PTVE	C	0.02%
SAVA	C	0.02%
OEC	C	0.02%
THRY	F	0.02%
NTST	D	0.02%
GDEN	B	0.02%
TTGT	C	0.02%
NBR	D	0.02%
FIZZ	B	0.02%
TRTX	B	0.02%
PKST	F	0.02%
ALX	D	0.02%
AORT	B	0.02%
MCW	B	0.02%
BGS	F	0.02%
GTN	F	0.02%
DIN	C	0.02%
PRA	A	0.02%
BFS	C	0.02%
RDUS	C	0.02%
DBRG	D	0.02%
PLYM	F	0.02%
SVC	F	0.02%
UFCS	A	0.02%
NYMT	C	0.02%
NVAX	F	0.02%
TRUP	A	0.02%
CNXN	D	0.02%
CCB	A	0.02%
UMH	C	0.02%
SEDG	F	0.02%
TREE	F	0.02%
WT	A	0.02%
AMRK	F	0.02%
AIV	C	0.02%
MMI	A	0.02%
SBGI	B	0.02%
PZZA	D	0.02%
CVI	D	0.02%
RAMP	C	0.02%
ATUS	C	0.02%
GSBC	A	0.02%
NR	D	0.02%
ARVN	D	0.02%
EYE	C	0.02%
PFBC	A	0.02%
EGY	F	0.02%
HPP	F	0.02%
FTRE	D	0.02%
NXRT	A	0.02%
PLTK	A	0.02%
SRRK	C	0.02%
CSTL	C	0.02%
TLRY	F	0.02%
DNA	F	0.01%
HPK	F	0.01%
TTI	B	0.01%
DH	F	0.01%
ORIC	D	0.01%
MITK	C	0.01%
CTRI	B	0.01%
FRPH	A	0.01%
GOGO	C	0.01%
REPX	A	0.01%
YMAB	D	0.01%
BYON	F	0.01%
CABA	F	0.01%
PGY	F	0.01%
ACDC	D	0.01%
AVO	B	0.01%
TYRA	F	0.01%
ACCD	F	0.01%
RUSHB	B	0.01%
CTOS	B	0.01%
PTLO	F	0.01%
UP	F	0.01%
LEGH	D	0.01%
GEF	A	0.01%
TIPT	A	0.01%
HG	C	0.01%
CHCT	C	0.01%
HBT	A	0.01%
OLPX	D	0.01%
GDRX	F	0.01%
OLO	B	0.01%
ETWO	F	0.01%
RSI	B	0.01%
TBLA	F	0.01%
PUMP	F	0.01%
IIIV	B	0.01%
BMBL	C	0.01%
TFSL	A	0.01%
ALEC	F	0.01%
BLFS	D	0.01%
ENFN	A	0.01%
KGS	A	0.01%
IMXI	B	0.01%
FPI	B	0.01%
CYRX	D	0.01%
RES	F	0.01%
GES	F	0.01%
SEAT	F	0.01%
NOVA	F	0.01%
LILA	F	0.01%
SEMR	D	0.01%
RPAY	D	0.01%
NRDS	C	0.01%
KRO	D	0.01%
QTRX	D	0.01%
CASS	B	0.01%
MYE	F	0.01%
MERC	F	0.01%
COGT	D	0.01%
ARHS	F	0.01%
AMBC	C	0.01%
TARS	B	0.01%
SWBI	D	0.01%
AOSL	F	0.01%
GMRE	D	0.01%
OABI	D	0.01%
FSLY	D	0.01%
HVT	F	0.01%
MBIN	D	0.01%
ATRO	F	0.01%
PACK	C	0.01%
UTZ	D	0.01%
HCKT	A	0.01%
NUS	C	0.01%
ROOT	B	0.01%
FIGS	F	0.01%
AMAL	B	0.01%
STOK	D	0.01%
ACIC	B	0.01%
EVER	F	0.01%
EZPW	A	0.01%
METC	C	0.01%
CENT	C	0.01%
REX	C	0.01%
UHT	D	0.01%
LESL	C	0.01%
KE	C	0.01%
OLMA	F	0.01%
CRSR	C	0.01%
TWKS	B	0.01%
MLAB	F	0.01%
BSIG	A	0.01%
LMB	A	0.01%
FOR	F	0.01%
SWI	B	0.01%
ARKO	D	0.01%
KNSA	F	0.01%
CLBK	B	0.01%
MTUS	F	0.01%
GCT	D	0.01%
NUVB	C	0.01%
CNSL	A	0.01%
MGPI	D	0.01%
ALXO	F	0.0%
NKLA	F	0.0%
EWCZ	D	0.0%
SAGE	F	0.0%
ACTG	F	0.0%
RILY	F	0.0%
CDLX	D	0.0%
LYEL	D	0.0%
SANA	F	0.0%
ANAB	F	0.0%
TH	C	0.0%
CHGG	D	0.0%
ZNTL	D	0.0%
MAX	F	0.0%
BOWL	F	0.0%
WEST	D	0.0%
GYRE	D	0.0%
PARAA	B	0.0%

ISCV Underweight 200 Positions Relative to VIS

Symbol	Grade	Weight
GE	D	-3.77%
CAT	B	-3.5%
RTX	D	-2.94%
UNP	D	-2.75%
UBER	C	-2.58%
HON	A	-2.46%
ETN	A	-2.42%
LMT	D	-2.31%
ADP	B	-2.07%
DE	D	-2.0%
UPS	C	-1.82%
BA	F	-1.62%
TT	A	-1.61%
WM	B	-1.52%
PH	A	-1.48%
TDG	D	-1.46%
MMM	D	-1.38%
CTAS	B	-1.37%
NOC	D	-1.36%
ITW	B	-1.33%
GD	D	-1.29%
GEV	A	-1.28%
CSX	B	-1.23%
CARR	D	-1.19%
FDX	A	-1.16%
EMR	A	-1.14%
NSC	B	-1.03%
URI	B	-0.98%
JCI	A	-0.96%
PCAR	B	-0.94%
GWW	A	-0.84%
WCN	A	-0.84%
CPRT	A	-0.83%
LHX	B	-0.82%
CMI	A	-0.81%
RSG	B	-0.81%
PWR	A	-0.8%
PAYX	B	-0.79%
OTIS	D	-0.77%
FAST	B	-0.75%
AME	A	-0.73%
IR	A	-0.72%
ODFL	B	-0.71%
HWM	A	-0.71%
VRSK	B	-0.7%
EFX	F	-0.66%
VRT	A	-0.65%
XYL	D	-0.6%
DAL	A	-0.6%
WAB	B	-0.59%
ROK	A	-0.56%
AXON	A	-0.52%
FTV	D	-0.51%
VLTO	D	-0.5%
DOV	A	-0.48%
BR	A	-0.46%
BLDR	D	-0.43%
HUBB	B	-0.42%
CSL	B	-0.39%
LDOS	C	-0.38%
BAH	D	-0.38%
EME	B	-0.37%
TRU	D	-0.37%
LII	B	-0.35%
MAS	D	-0.34%
EXPD	D	-0.34%
UAL	A	-0.34%
LUV	A	-0.32%
TXT	D	-0.31%
SWK	F	-0.31%
WSO	A	-0.31%
PNR	A	-0.3%
IEX	B	-0.3%
J	D	-0.3%
SSNC	D	-0.3%
SNA	A	-0.28%
OC	A	-0.28%
HEI	A	-0.28%
ROL	A	-0.27%
GGG	A	-0.27%
ACM	B	-0.26%
JBHT	B	-0.26%
NDSN	B	-0.26%
FIX	A	-0.25%
CLH	C	-0.23%
XPO	B	-0.23%
CW	B	-0.23%
TTEK	D	-0.23%
ALLE	D	-0.23%
ITT	A	-0.22%
HEI	A	-0.21%
SAIA	B	-0.21%
NVT	B	-0.21%
AOS	F	-0.2%
LECO	C	-0.2%
WMS	F	-0.2%
RRX	B	-0.2%
HII	F	-0.19%
WWD	B	-0.19%
DAY	B	-0.18%
CNH	D	-0.18%
BWXT	A	-0.18%
PAYC	B	-0.16%
CNM	F	-0.16%
AIT	A	-0.16%
KBR	D	-0.16%
DCI	B	-0.16%
FCN	F	-0.15%
RBC	A	-0.15%
SSD	D	-0.15%
AAON	A	-0.14%
PCTY	B	-0.14%
MTZ	B	-0.14%
UHAL	D	-0.13%
WSC	F	-0.13%
TREX	C	-0.13%
APG	C	-0.12%
AZEK	B	-0.12%
DY	C	-0.11%
EXPO	D	-0.11%
EXLS	B	-0.11%
ZWS	B	-0.1%
GTLS	A	-0.1%
AVAV	C	-0.1%
SRCL	B	-0.1%
WTS	A	-0.1%
CWST	A	-0.1%
CSWI	B	-0.1%
FSS	C	-0.1%
AWI	A	-0.1%
HXL	F	-0.09%
VRRM	D	-0.08%
STRL	B	-0.08%
ACA	B	-0.08%
KAI	A	-0.07%
FELE	B	-0.07%
ACVA	A	-0.06%
CBZ	B	-0.06%
ROAD	B	-0.06%
ICFI	F	-0.06%
NSP	F	-0.06%
ESE	A	-0.06%
KTOS	B	-0.06%
MGRC	B	-0.05%
HURN	B	-0.04%
POWL	C	-0.04%
ROCK	C	-0.04%
BE	A	-0.04%
EPAC	B	-0.04%
FLNC	D	-0.03%
BLBD	F	-0.03%
MYRG	B	-0.03%
IESC	B	-0.03%
ALG	B	-0.03%
SMR	B	-0.02%
CECO	C	-0.02%
MEG	F	-0.02%
SHLS	F	-0.02%
VICR	B	-0.02%
ARRY	C	-0.02%
ERII	B	-0.02%
CDRE	D	-0.02%
TRNS	F	-0.02%
CRAI	B	-0.02%
PYCR	C	-0.02%
LNN	B	-0.02%
ENVX	F	-0.02%
VSEC	B	-0.02%
EAF	B	-0.01%
RGP	F	-0.01%
HDSN	F	-0.01%
LXFR	B	-0.01%
MTW	C	-0.01%
DDD	C	-0.01%
SHYF	C	-0.01%
FC	F	-0.01%
PL	B	-0.01%
SRCL	B	-0.01%
ACCO	B	-0.01%
LQDT	A	-0.01%
GLDD	B	-0.01%
XMTR	C	-0.01%
VVI	A	-0.01%
GRC	B	-0.01%
DCO	A	-0.01%
STEM	F	-0.0%
NRGV	C	-0.0%
SES	F	-0.0%
FREY	B	-0.0%
TTEC	F	-0.0%
SPCE	D	-0.0%
ALTG	C	-0.0%
ASLE	C	-0.0%
BLNK	F	-0.0%
FCEL	B	-0.0%
TPIC	F	-0.0%
TASK	C	-0.0%
FORR	F	-0.0%
TBI	F	-0.0%
SAVE	F	-0.0%