IUSV vs. BBUS ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to JPMorgan BetaBuilders U.S. Equity ETF (BBUS)

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

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

Grade (RS Rating)

Last Trade

$98.86

Average Daily Volume

514,214

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$107.72

Average Daily Volume

114,036

Number of Holdings ^*

543

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	BBUS
30 Days	2.09%	2.02%
60 Days	3.98%	4.79%
90 Days	5.42%	6.25%
12 Months	26.18%	32.81%

423 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in BBUS	Overlap
	A	D	0.17%	0.07%	0.07%
	ABBV	F	0.83%	0.58%	0.58%
	ABNB	C	0.13%	0.11%	0.11%
	ABT	B	0.87%	0.39%	0.39%
	ACN	B	0.46%	0.43%	0.43%
	ADI	D	0.19%	0.21%	0.19%
	ADM	D	0.11%	0.05%	0.05%
	ADP	A	0.33%	0.24%	0.24%
	ADSK	A	0.14%	0.13%	0.13%
	AEE	A	0.1%	0.05%	0.05%
	AEP	C	0.22%	0.09%	0.09%
	AES	F	0.04%	0.02%	0.02%
	AFG	A	0.05%	0.02%	0.02%
	AFL	B	0.24%	0.11%	0.11%
	AIG	B	0.21%	0.09%	0.09%
	AJG	A	0.14%	0.12%	0.12%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	B	0.05%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.23%	0.1%	0.1%
	ALLE	C	0.03%	0.02%	0.02%
	AMCR	C	0.06%	0.03%	0.03%
	AME	A	0.1%	0.09%	0.09%
	AMGN	F	0.7%	0.31%	0.31%
	AMP	A	0.11%	0.11%	0.11%
	AMT	C	0.23%	0.17%	0.17%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.17%	0.16%	0.16%
	APD	A	0.31%	0.13%	0.13%
	APH	A	0.17%	0.16%	0.16%
	APTV	F	0.06%	0.03%	0.03%
	ARE	F	0.07%	0.03%	0.03%
	ATO	A	0.1%	0.04%	0.04%
	AVB	B	0.14%	0.06%	0.06%
	AVTR	F	0.04%	0.03%	0.03%
	AVY	F	0.07%	0.03%	0.03%
	AWK	C	0.11%	0.05%	0.05%
	AXP	A	0.21%	0.31%	0.21%
	AZO	C	0.07%	0.1%	0.07%
	BA	F	0.25%	0.21%	0.21%
	BAC	A	1.35%	0.59%	0.59%
	BALL	F	0.08%	0.04%	0.04%
	BAX	F	0.07%	0.03%	0.03%
	BBY	D	0.08%	0.03%	0.03%
	BDX	F	0.29%	0.13%	0.13%
	BEN	C	0.03%	0.01%	0.01%
	BG	D	0.05%	0.02%	0.02%
	BIIB	F	0.11%	0.05%	0.05%
	BK	A	0.25%	0.11%	0.11%
	BKR	A	0.19%	0.08%	0.08%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	B	0.52%	0.23%	0.23%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	3.74%	1.61%	1.61%
	BRO	B	0.03%	0.05%	0.03%
	BSX	A	0.25%	0.25%	0.25%
	BURL	B	0.03%	0.03%	0.03%
	BX	A	0.16%	0.25%	0.16%
	BXP	C	0.05%	0.02%	0.02%
	C	A	0.57%	0.25%	0.25%
	CAG	F	0.06%	0.03%	0.03%
	CAH	B	0.13%	0.06%	0.06%
	CARR	C	0.14%	0.12%	0.12%
	CAT	B	0.34%	0.37%	0.34%
	CB	C	0.47%	0.2%	0.2%
	CBRE	B	0.17%	0.08%	0.08%
	CCI	C	0.2%	0.08%	0.08%
	CCK	D	0.02%	0.02%	0.02%
	CCL	A	0.03%	0.05%	0.03%
	CDW	F	0.06%	0.05%	0.05%
	CEG	C	0.17%	0.14%	0.14%
	CF	A	0.03%	0.03%	0.03%
	CFG	B	0.09%	0.04%	0.04%
	CG	B	0.02%	0.02%	0.02%
	CHD	A	0.06%	0.05%	0.05%
	CHTR	C	0.09%	0.07%	0.07%
	CI	D	0.4%	0.18%	0.18%
	CINF	A	0.1%	0.04%	0.04%
	CL	D	0.2%	0.14%	0.14%
	CLX	A	0.09%	0.04%	0.04%
	CMCSA	B	0.73%	0.33%	0.33%
	CME	B	0.22%	0.16%	0.16%
	CMI	A	0.22%	0.09%	0.09%
	CMS	C	0.09%	0.04%	0.04%
	CNC	D	0.13%	0.06%	0.06%
	CNH	C	0.04%	0.02%	0.02%
	CNP	A	0.09%	0.04%	0.04%
	COF	C	0.31%	0.14%	0.14%
	COP	C	0.18%	0.25%	0.18%
	COR	B	0.19%	0.08%	0.08%
	COST	A	1.04%	0.79%	0.79%
	CPB	D	0.04%	0.02%	0.02%
	CPT	B	0.06%	0.02%	0.02%
	CRL	D	0.04%	0.02%	0.02%
	CSCO	B	1.02%	0.45%	0.45%
	CSGP	D	0.08%	0.06%	0.06%
	CSX	C	0.15%	0.14%	0.14%
	CTAS	B	0.15%	0.15%	0.15%
	CTRA	B	0.03%	0.04%	0.03%
	CTSH	B	0.17%	0.08%	0.08%
	CTVA	C	0.17%	0.08%	0.08%
	CVS	D	0.3%	0.13%	0.13%
	CVX	A	1.2%	0.5%	0.5%
	D	C	0.21%	0.09%	0.09%
	DAL	B	0.08%	0.08%	0.08%
	DAY	B	0.02%	0.02%	0.02%
	DD	C	0.15%	0.07%	0.07%
	DE	B	0.19%	0.19%	0.19%
	DELL	B	0.08%	0.07%	0.07%
	DFS	B	0.09%	0.09%	0.09%
	DG	F	0.07%	0.03%	0.03%
	DGX	A	0.08%	0.03%	0.03%
	DHR	F	0.67%	0.3%	0.3%
	DIS	B	0.87%	0.35%	0.35%
	DLR	B	0.14%	0.11%	0.11%
	DLTR	F	0.06%	0.02%	0.02%
	DOC	C	0.07%	0.03%	0.03%
	DOCU	B	0.07%	0.03%	0.03%
	DOV	A	0.12%	0.05%	0.05%
	DOW	F	0.14%	0.06%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.11%	0.05%	0.05%
	DUK	C	0.37%	0.17%	0.17%
	DVN	F	0.11%	0.05%	0.05%
	DXCM	C	0.05%	0.06%	0.05%
	EA	A	0.1%	0.08%	0.08%
	EBAY	D	0.13%	0.06%	0.06%
	ECL	D	0.13%	0.12%	0.12%
	ED	C	0.14%	0.06%	0.06%
	EFX	F	0.09%	0.06%	0.06%
	EG	C	0.07%	0.03%	0.03%
	EIX	B	0.14%	0.06%	0.06%
	EL	F	0.07%	0.03%	0.03%
	ELS	C	0.02%	0.03%	0.02%
	ELV	F	0.41%	0.18%	0.18%
	EMN	C	0.05%	0.02%	0.02%
	EMR	B	0.32%	0.14%	0.14%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	A	0.11%	0.15%	0.11%
	EPAM	B	0.04%	0.03%	0.03%
	EQH	C	0.01%	0.03%	0.01%
	EQIX	A	0.2%	0.16%	0.16%
	EQR	C	0.11%	0.05%	0.05%
	EQT	B	0.11%	0.05%	0.05%
	ES	C	0.1%	0.04%	0.04%
	ESS	B	0.08%	0.04%	0.04%
	ETN	A	0.24%	0.28%	0.24%
	ETR	B	0.14%	0.06%	0.06%
	EVRG	A	0.06%	0.03%	0.03%
	EW	C	0.11%	0.08%	0.08%
	EWBC	A	0.03%	0.03%	0.03%
	EXC	C	0.17%	0.07%	0.07%
	EXPD	C	0.05%	0.03%	0.03%
	EXR	C	0.15%	0.07%	0.07%
	F	C	0.19%	0.08%	0.08%
	FAST	B	0.1%	0.09%	0.09%
	FCX	F	0.14%	0.12%	0.12%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.29%	0.12%	0.12%
	FE	C	0.09%	0.04%	0.04%
	FFIV	B	0.06%	0.03%	0.03%
	FI	A	0.26%	0.23%	0.23%
	FIS	C	0.21%	0.09%	0.09%
	FITB	B	0.14%	0.06%	0.06%
	FNF	B	0.07%	0.03%	0.03%
	FOX	A	0.03%	0.01%	0.01%
	FOXA	A	0.05%	0.02%	0.02%
	FSLR	F	0.09%	0.04%	0.04%
	GD	D	0.33%	0.15%	0.15%
	GE	D	0.48%	0.38%	0.38%
	GEHC	D	0.17%	0.06%	0.06%
	GEN	B	0.07%	0.03%	0.03%
	GEV	B	0.22%	0.17%	0.17%
	GILD	C	0.5%	0.23%	0.23%
	GIS	D	0.16%	0.07%	0.07%
	GLW	B	0.16%	0.07%	0.07%
	GM	C	0.28%	0.12%	0.12%
	GPC	D	0.08%	0.03%	0.03%
	GPN	B	0.13%	0.06%	0.06%
	GRMN	B	0.07%	0.06%	0.06%
	GS	A	0.81%	0.37%	0.37%
	GWW	B	0.06%	0.1%	0.06%
	HAL	C	0.12%	0.05%	0.05%
	HBAN	A	0.11%	0.05%	0.05%
	HCA	F	0.15%	0.13%	0.13%
	HD	B	1.11%	0.77%	0.77%
	HIG	B	0.15%	0.07%	0.07%
	HII	F	0.03%	0.02%	0.02%
	HOLX	D	0.08%	0.04%	0.04%
	HON	C	0.66%	0.29%	0.29%
	HPE	B	0.12%	0.05%	0.05%
	HPQ	B	0.16%	0.07%	0.07%
	HRL	D	0.04%	0.02%	0.02%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.07%	0.05%	0.05%
	HUBB	B	0.06%	0.05%	0.05%
	HUM	C	0.15%	0.06%	0.06%
	HWM	A	0.09%	0.09%	0.09%
	IBM	C	0.84%	0.37%	0.37%
	ICE	C	0.39%	0.17%	0.17%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	C	0.08%	0.03%	0.03%
	IFF	D	0.1%	0.04%	0.04%
	ILMN	C	0.1%	0.04%	0.04%
	INCY	C	0.05%	0.03%	0.03%
	INTC	C	0.47%	0.2%	0.2%
	INVH	D	0.08%	0.04%	0.04%
	IP	A	0.09%	0.04%	0.04%
	IPG	D	0.05%	0.02%	0.02%
	IQV	F	0.09%	0.07%	0.07%
	IR	B	0.04%	0.08%	0.04%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	A	0.28%	0.36%	0.28%
	ITW	B	0.17%	0.15%	0.15%
	J	D	0.08%	0.04%	0.04%
	JBHT	C	0.06%	0.03%	0.03%
	JCI	B	0.25%	0.11%	0.11%
	JKHY	D	0.06%	0.02%	0.02%
	JNJ	C	1.6%	0.7%	0.7%
	JNPR	D	0.06%	0.02%	0.02%
	JPM	A	3.01%	1.31%	1.31%
	K	A	0.09%	0.04%	0.04%
	KDP	F	0.16%	0.07%	0.07%
	KEY	B	0.08%	0.03%	0.03%
	KEYS	A	0.12%	0.05%	0.05%
	KHC	F	0.12%	0.05%	0.05%
	KIM	A	0.07%	0.03%	0.03%
	KMB	C	0.19%	0.09%	0.09%
	KMI	A	0.23%	0.1%	0.1%
	KMX	B	0.05%	0.02%	0.02%
	KO	D	0.65%	0.47%	0.47%
	KR	B	0.17%	0.08%	0.08%
	KVUE	A	0.2%	0.08%	0.08%
	L	A	0.07%	0.03%	0.03%
	LDOS	C	0.1%	0.05%	0.05%
	LEN	D	0.08%	0.08%	0.08%
	LEN	D	0.08%	0.0%	0.0%
	LH	B	0.09%	0.04%	0.04%
	LHX	C	0.21%	0.09%	0.09%
	LIN	C	0.46%	0.42%	0.42%
	LKQ	F	0.04%	0.02%	0.02%
	LMT	D	0.5%	0.23%	0.23%
	LNT	A	0.07%	0.03%	0.03%
	LOW	C	0.67%	0.29%	0.29%
	LUV	C	0.08%	0.04%	0.04%
	LVS	B	0.03%	0.04%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.09%	0.04%	0.04%
	MA	B	0.53%	0.83%	0.53%
	MAA	B	0.08%	0.04%	0.04%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.52%	0.41%	0.41%
	MCHP	F	0.06%	0.07%	0.06%
	MCK	A	0.35%	0.15%	0.15%
	MCO	B	0.17%	0.14%	0.14%
	MDLZ	F	0.22%	0.17%	0.17%
	MDT	D	0.48%	0.22%	0.22%
	MET	A	0.21%	0.09%	0.09%
	MGM	D	0.01%	0.02%	0.01%
	MKC	C	0.08%	0.04%	0.04%
	MLM	C	0.05%	0.07%	0.05%
	MMC	B	0.23%	0.21%	0.21%
	MMM	D	0.32%	0.14%	0.14%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.41%	0.18%	0.18%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.04%	0.02%	0.02%
	MPC	D	0.1%	0.1%	0.1%
	MRK	D	0.65%	0.48%	0.48%
	MRNA	F	0.06%	0.03%	0.03%
	MRO	B	0.03%	0.03%	0.03%
	MS	A	0.72%	0.32%	0.32%
	MSCI	C	0.09%	0.09%	0.09%
	MSI	B	0.15%	0.16%	0.15%
	MTB	A	0.16%	0.07%	0.07%
	MTD	F	0.07%	0.05%	0.05%
	MU	D	0.48%	0.22%	0.22%
	NDAQ	A	0.14%	0.06%	0.06%
	NEE	C	0.68%	0.29%	0.29%
	NEM	D	0.2%	0.09%	0.09%
	NI	A	0.07%	0.03%	0.03%
	NKE	F	0.23%	0.17%	0.17%
	NOC	D	0.3%	0.15%	0.15%
	NRG	B	0.08%	0.04%	0.04%
	NSC	B	0.26%	0.12%	0.12%
	NTAP	C	0.07%	0.05%	0.05%
	NTRS	A	0.09%	0.04%	0.04%
	NUE	C	0.06%	0.07%	0.06%
	NWS	A	0.02%	0.01%	0.01%
	NWSA	A	0.05%	0.02%	0.02%
	NXPI	D	0.06%	0.11%	0.06%
	O	C	0.21%	0.1%	0.1%
	OKE	A	0.1%	0.12%	0.1%
	OMC	C	0.09%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	ORLY	B	0.08%	0.14%	0.08%
	OTIS	C	0.11%	0.08%	0.08%
	OXY	D	0.15%	0.06%	0.06%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	B	0.12%	0.09%	0.09%
	PCAR	B	0.07%	0.12%	0.07%
	PCG	A	0.2%	0.08%	0.08%
	PEG	A	0.19%	0.08%	0.08%
	PEP	F	0.63%	0.43%	0.43%
	PFE	F	0.64%	0.28%	0.28%
	PFG	D	0.08%	0.04%	0.04%
	PG	C	1.05%	0.75%	0.75%
	PGR	A	0.33%	0.29%	0.29%
	PH	A	0.09%	0.17%	0.09%
	PKG	A	0.09%	0.04%	0.04%
	PLD	F	0.46%	0.2%	0.2%
	PM	B	0.55%	0.37%	0.37%
	PNC	B	0.36%	0.16%	0.16%
	PNR	A	0.02%	0.03%	0.02%
	PODD	C	0.05%	0.04%	0.04%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.13%	0.06%	0.06%
	PPL	A	0.11%	0.05%	0.05%
	PRU	A	0.2%	0.09%	0.09%
	PSA	C	0.13%	0.1%	0.1%
	PSX	C	0.24%	0.1%	0.1%
	PTC	B	0.04%	0.04%	0.04%
	PWR	A	0.06%	0.09%	0.06%
	PYPL	B	0.38%	0.17%	0.17%
	QCOM	F	0.38%	0.35%	0.35%
	QRVO	F	0.03%	0.01%	0.01%
	REG	A	0.05%	0.02%	0.02%
	REGN	F	0.15%	0.17%	0.15%
	RF	A	0.11%	0.05%	0.05%
	RGA	A	0.07%	0.03%	0.03%
	RJF	A	0.13%	0.06%	0.06%
	RMD	C	0.15%	0.07%	0.07%
	ROK	C	0.07%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.15%	0.12%	0.12%
	RSG	A	0.08%	0.08%	0.08%
	RTX	D	0.69%	0.31%	0.31%
	RVTY	F	0.06%	0.03%	0.03%
	SBAC	D	0.06%	0.05%	0.05%
	SBUX	A	0.2%	0.22%	0.2%
	SCHW	B	0.52%	0.22%	0.22%
	SHW	B	0.2%	0.17%	0.17%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.27%	0.12%	0.12%
	SNA	A	0.05%	0.04%	0.04%
	SO	C	0.41%	0.18%	0.18%
	SPG	A	0.15%	0.1%	0.1%
	SPGI	C	0.4%	0.3%	0.3%
	SRE	A	0.25%	0.11%	0.11%
	STE	D	0.04%	0.04%	0.04%
	STLD	B	0.03%	0.04%	0.03%
	STT	B	0.12%	0.05%	0.05%
	STX	C	0.05%	0.04%	0.04%
	STZ	D	0.17%	0.07%	0.07%
	SW	A	0.11%	0.05%	0.05%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.11%	0.05%	0.05%
	SYK	B	0.21%	0.27%	0.21%
	SYY	D	0.16%	0.07%	0.07%
	T	A	0.7%	0.3%	0.3%
	TAP	C	0.05%	0.02%	0.02%
	TDY	B	0.1%	0.04%	0.04%
	TECH	F	0.05%	0.02%	0.02%
	TER	F	0.08%	0.03%	0.03%
	TFC	A	0.27%	0.12%	0.12%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.31%	0.14%	0.14%
	TJX	A	0.21%	0.26%	0.21%
	TMO	F	0.55%	0.4%	0.4%
	TMUS	B	0.51%	0.22%	0.22%
	TPL	A	0.04%	0.05%	0.04%
	TRMB	B	0.08%	0.03%	0.03%
	TROW	B	0.12%	0.05%	0.05%
	TRV	B	0.26%	0.11%	0.11%
	TSCO	D	0.08%	0.06%	0.06%
	TSN	B	0.08%	0.03%	0.03%
	TT	A	0.13%	0.18%	0.13%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.52%	0.37%	0.37%
	TXT	D	0.07%	0.03%	0.03%
	UAL	A	0.13%	0.06%	0.06%
	UDR	B	0.06%	0.03%	0.03%
	UHS	D	0.05%	0.02%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	B	1.48%	1.08%	1.08%
	UNP	C	0.34%	0.28%	0.28%
	UPS	C	0.42%	0.18%	0.18%
	USB	A	0.34%	0.15%	0.15%
	V	A	0.77%	0.99%	0.77%
	VICI	C	0.14%	0.06%	0.06%
	VLO	C	0.2%	0.08%	0.08%
	VLTO	C	0.11%	0.05%	0.05%
	VMC	B	0.06%	0.07%	0.06%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.04%	0.03%	0.03%
	VRTX	D	0.2%	0.24%	0.2%
	VTR	B	0.11%	0.05%	0.05%
	VTRS	A	0.07%	0.03%	0.03%
	VZ	C	0.75%	0.33%	0.33%
	WAB	B	0.15%	0.07%	0.07%
	WAT	C	0.06%	0.04%	0.04%
	WBA	F	0.03%	0.01%	0.01%
	WBD	B	0.1%	0.04%	0.04%
	WDC	D	0.09%	0.04%	0.04%
	WEC	A	0.13%	0.06%	0.06%
	WELL	A	0.34%	0.16%	0.16%
	WFC	A	1.08%	0.47%	0.47%
	WM	B	0.19%	0.16%	0.16%
	WMB	A	0.18%	0.13%	0.13%
	WMT	A	1.6%	0.71%	0.71%
	WPC	C	0.05%	0.02%	0.02%
	WRB	A	0.08%	0.04%	0.04%
	WTW	B	0.14%	0.06%	0.06%
	WY	F	0.1%	0.04%	0.04%
	XEL	A	0.17%	0.07%	0.07%
	XOM	B	2.34%	1.02%	1.02%
	XYL	D	0.13%	0.06%	0.06%
	YUM	D	0.09%	0.07%	0.07%
	ZBH	C	0.1%	0.04%	0.04%
	ZBRA	B	0.09%	0.04%	0.04%
	ZTS	D	0.16%	0.15%	0.15%

IUSV Overweight 306 Positions Relative to BBUS

	Symbol	Grade	Weight
	BLK	B	0.64%
	TEL	B	0.12%
	EXE	A	0.09%
	COHR	B	0.07%
	THC	D	0.07%
	USFD	A	0.07%
	CHRW	B	0.06%
	TPR	B	0.06%
	PFGC	B	0.06%
	NDSN	B	0.06%
	GME	C	0.05%
	AA	A	0.05%
	CTLT	C	0.05%
	FHN	A	0.05%
	AIZ	A	0.05%
	BJ	A	0.05%
	RRX	B	0.05%
	COO	D	0.05%
	SF	B	0.05%
	JEF	A	0.05%
	JLL	D	0.05%
	SNV	C	0.04%
	MTCH	D	0.04%
	HAS	D	0.04%
	X	B	0.04%
	SSB	B	0.04%
	SFM	A	0.04%
	OGE	A	0.04%
	HSIC	C	0.04%
	MTZ	B	0.04%
	FRT	B	0.04%
	GPK	C	0.04%
	ZION	B	0.04%
	WTFC	A	0.04%
	FLR	B	0.04%
	SNX	D	0.04%
	AR	B	0.04%
	ORI	A	0.04%
	XPO	B	0.04%
	KNX	C	0.04%
	GMED	A	0.04%
	WCC	B	0.04%
	AAL	B	0.04%
	UTHR	C	0.04%
	SOLV	D	0.04%
	NLY	C	0.04%
	GL	C	0.04%
	ALLY	C	0.04%
	LAD	A	0.04%
	MKTX	D	0.04%
	WBS	A	0.04%
	UNM	A	0.04%
	PNW	A	0.04%
	ARMK	B	0.04%
	THO	B	0.03%
	JHG	B	0.03%
	KRG	B	0.03%
	FNB	A	0.03%
	THG	A	0.03%
	PVH	C	0.03%
	LITE	B	0.03%
	RNR	C	0.03%
	CIEN	C	0.03%
	SCI	B	0.03%
	ESNT	F	0.03%
	OHI	C	0.03%
	ARW	D	0.03%
	INGR	C	0.03%
	STWD	C	0.03%
	WHR	B	0.03%
	HR	B	0.03%
	GBCI	B	0.03%
	DAR	C	0.03%
	NOV	C	0.03%
	COLB	B	0.03%
	KD	B	0.03%
	BIO	C	0.03%
	JBL	C	0.03%
	PARA	C	0.03%
	FAF	A	0.03%
	CACI	D	0.03%
	FMC	D	0.03%
	CMC	B	0.03%
	DINO	D	0.03%
	VNO	C	0.03%
	VMI	B	0.03%
	ONB	C	0.03%
	OSK	C	0.03%
	TMHC	C	0.03%
	R	B	0.03%
	MHK	D	0.03%
	G	B	0.03%
	BERY	C	0.03%
	CBOE	C	0.03%
	ADC	A	0.03%
	GLPI	C	0.03%
	FYBR	C	0.03%
	ACM	B	0.03%
	BWA	D	0.03%
	IBKR	A	0.03%
	IVZ	B	0.03%
	PB	B	0.03%
	RPM	A	0.03%
	CYTK	F	0.02%
	CNM	D	0.02%
	CZR	F	0.02%
	PII	F	0.02%
	GATX	A	0.02%
	DTM	A	0.02%
	FR	D	0.02%
	XRAY	F	0.02%
	PRGO	C	0.02%
	MIDD	C	0.02%
	ALE	A	0.02%
	MAT	D	0.02%
	ASH	F	0.02%
	RL	C	0.02%
	IDA	A	0.02%
	CGNX	D	0.02%
	HOG	D	0.02%
	MKSI	C	0.02%
	SR	A	0.02%
	DCI	B	0.02%
	MTG	C	0.02%
	HQY	A	0.02%
	ASB	B	0.02%
	SEIC	B	0.02%
	ASGN	F	0.02%
	KRC	B	0.02%
	TXNM	A	0.02%
	CNO	B	0.02%
	TCBI	C	0.02%
	FLS	B	0.02%
	ORA	B	0.02%
	ERIE	D	0.02%
	SAIC	F	0.02%
	OGS	A	0.02%
	SLGN	A	0.02%
	KBR	F	0.02%
	KMPR	A	0.02%
	TTC	C	0.02%
	AN	C	0.02%
	FLO	D	0.02%
	RGLD	C	0.02%
	SBRA	C	0.02%
	KEX	B	0.02%
	M	F	0.02%
	GNRC	C	0.02%
	BKH	A	0.02%
	BRBR	A	0.02%
	TKO	A	0.02%
	JAZZ	B	0.02%
	SWX	B	0.02%
	AVNT	B	0.02%
	CUZ	B	0.02%
	IRT	A	0.02%
	LAMR	C	0.02%
	ATR	B	0.02%
	AVT	C	0.02%
	VLY	B	0.02%
	AMH	C	0.02%
	CUBE	C	0.02%
	POR	C	0.02%
	NJR	A	0.02%
	BRX	A	0.02%
	CW	C	0.02%
	NNN	C	0.02%
	SON	F	0.02%
	ST	F	0.02%
	WAL	B	0.02%
	AYI	B	0.02%
	GAP	C	0.02%
	WTRG	B	0.02%
	BDC	C	0.02%
	CBSH	B	0.02%
	VOYA	B	0.02%
	UGI	C	0.02%
	NXST	C	0.02%
	POST	C	0.02%
	CFR	B	0.02%
	UMBF	B	0.02%
	DKS	D	0.02%
	UBSI	B	0.02%
	NFG	A	0.02%
	CLF	F	0.02%
	LEA	F	0.02%
	EHC	B	0.02%
	PNFP	B	0.02%
	AMG	B	0.02%
	REXR	F	0.02%
	FBIN	D	0.02%
	HOMB	A	0.02%
	AGCO	D	0.02%
	UA	C	0.01%
	HGV	C	0.01%
	TNL	A	0.01%
	IPGP	D	0.01%
	YETI	D	0.01%
	CPRI	F	0.01%
	EPR	C	0.01%
	MMS	F	0.01%
	PSN	D	0.01%
	NSP	F	0.01%
	BLKB	B	0.01%
	VC	F	0.01%
	WEN	D	0.01%
	NSA	C	0.01%
	COLM	C	0.01%
	KNF	B	0.01%
	TEX	F	0.01%
	SAM	C	0.01%
	GEF	A	0.01%
	AMED	F	0.01%
	SYNA	C	0.01%
	POWI	F	0.01%
	OPCH	D	0.01%
	LIVN	F	0.01%
	CHH	A	0.01%
	MSM	C	0.01%
	HAE	C	0.01%
	VSH	F	0.01%
	IRDM	D	0.01%
	UAA	C	0.01%
	DLB	B	0.01%
	CNXC	F	0.01%
	VNOM	A	0.01%
	CADE	B	0.01%
	LFUS	D	0.01%
	LANC	C	0.01%
	ROIV	C	0.01%
	CRI	F	0.01%
	CHX	C	0.01%
	CBT	D	0.01%
	PPC	C	0.01%
	ALGM	D	0.01%
	SRPT	F	0.01%
	EEFT	B	0.01%
	CDP	C	0.01%
	ALTM	B	0.01%
	SMG	C	0.01%
	LSTR	D	0.01%
	ZI	D	0.01%
	AM	A	0.01%
	BC	C	0.01%
	JWN	D	0.01%
	IBOC	B	0.01%
	ENS	F	0.01%
	RCM	A	0.01%
	MTN	C	0.01%
	CRUS	D	0.01%
	EXPO	D	0.01%
	BRKR	D	0.01%
	HWC	B	0.01%
	RYN	D	0.01%
	NOVT	D	0.01%
	LPX	B	0.01%
	GNTX	C	0.01%
	HXL	F	0.01%
	ENOV	C	0.01%
	RLI	A	0.01%
	OZK	B	0.01%
	GXO	B	0.01%
	CHWY	B	0.01%
	GT	C	0.01%
	WU	F	0.01%
	WH	B	0.01%
	MASI	B	0.01%
	MUR	D	0.01%
	SIGI	C	0.01%
	RH	C	0.01%
	MTSI	B	0.01%
	CXT	C	0.01%
	KBH	D	0.01%
	CC	C	0.01%
	NEOG	F	0.01%
	ALV	C	0.01%
	TKR	D	0.01%
	AMKR	D	0.01%
	OLN	F	0.01%
	PCH	F	0.01%
	VAC	C	0.01%
	MAN	F	0.01%
	PBF	D	0.01%
	CVLT	B	0.01%
	SLM	A	0.01%
	PAG	B	0.01%
	FFIN	B	0.01%
	EVR	B	0.01%
	GHC	B	0.01%
	EXLS	B	0.01%
	AZPN	A	0.01%
	EGP	D	0.01%
	DVA	C	0.01%
	DOCS	C	0.01%
	FLG	D	0.01%
	STAG	D	0.01%
	BHF	C	0.01%
	AMTM	D	0.01%
	CHE	D	0.01%
	AOS	F	0.01%
	NWE	B	0.01%
	NVST	B	0.01%
	FHI	B	0.01%
	MAGN	D	0.0%
	AZTA	D	0.0%
	WMG	D	0.0%

IUSV Underweight 120 Positions Relative to BBUS

	Symbol	Grade	Weight
	NVDA	B	-6.74%
	AAPL	C	-6.16%
	MSFT	D	-6.03%
	AMZN	C	-3.79%
	META	D	-2.46%
	GOOGL	C	-2.04%
	GOOG	C	-1.83%
	TSLA	B	-1.75%
	AVGO	D	-1.54%
	LLY	F	-1.33%
	NFLX	A	-0.67%
	CRM	B	-0.61%
	ORCL	A	-0.58%
	ADBE	C	-0.45%
	AMD	F	-0.44%
	NOW	A	-0.41%
	INTU	B	-0.38%
	BKNG	A	-0.32%
	AMAT	F	-0.3%
	UBER	F	-0.28%
	PANW	B	-0.25%
	PLTR	B	-0.23%
	LRCX	F	-0.19%
	ANET	C	-0.19%
	KKR	A	-0.19%
	MELI	C	-0.18%
	KLAC	F	-0.17%
	CMG	B	-0.16%
	SNPS	B	-0.16%
	TDG	D	-0.15%
	CRWD	B	-0.15%
	MRVL	B	-0.15%
	CDNS	B	-0.15%
	MAR	A	-0.13%
	HLT	A	-0.12%
	COIN	C	-0.12%
	FTNT	C	-0.12%
	APO	B	-0.12%
	RCL	A	-0.11%
	FICO	B	-0.11%
	WDAY	B	-0.11%
	URI	C	-0.11%
	TTD	B	-0.11%
	CPRT	B	-0.1%
	DASH	B	-0.1%
	VRT	B	-0.09%
	ROST	D	-0.09%
	VST	A	-0.09%
	DHI	F	-0.09%
	SQ	A	-0.09%
	LNG	A	-0.09%
	HES	B	-0.08%
	SNOW	B	-0.08%
	IT	C	-0.08%
	AXON	A	-0.08%
	TRGP	A	-0.08%
	ODFL	C	-0.08%
	VEEV	C	-0.07%
	LULU	C	-0.07%
	HUBS	A	-0.07%
	DDOG	A	-0.07%
	ACGL	C	-0.07%
	TEAM	A	-0.07%
	CPNG	D	-0.06%
	MPWR	F	-0.06%
	FANG	C	-0.06%
	ARES	A	-0.06%
	ALNY	D	-0.06%
	LPLA	A	-0.05%
	WST	C	-0.05%
	GDDY	A	-0.05%
	CPAY	A	-0.05%
	TYL	B	-0.05%
	FTV	C	-0.05%
	NVR	D	-0.05%
	FCNCA	A	-0.05%
	PHM	D	-0.05%
	NET	B	-0.05%
	DECK	A	-0.05%
	RBLX	C	-0.05%
	PINS	F	-0.04%
	WSO	A	-0.04%
	ZS	B	-0.04%
	LYV	A	-0.04%
	LII	A	-0.04%
	TRU	D	-0.04%
	MDB	B	-0.04%
	ZM	C	-0.04%
	MKL	A	-0.04%
	BLDR	D	-0.04%
	EXPE	B	-0.04%
	BAH	F	-0.04%
	DT	D	-0.03%
	SUI	C	-0.03%
	FLEX	B	-0.03%
	HEI	A	-0.03%
	ENTG	D	-0.03%
	SSNC	B	-0.03%
	TWLO	A	-0.03%
	OC	A	-0.03%
	APA	D	-0.02%
	WYNN	C	-0.02%
	CE	F	-0.02%
	SCCO	F	-0.02%
	EXAS	D	-0.02%
	RPRX	D	-0.02%
	SMCI	F	-0.02%
	HEI	A	-0.02%
	Z	A	-0.02%
	SNAP	D	-0.02%
	OKTA	C	-0.02%
	NBIX	C	-0.02%
	ZG	A	-0.01%
	WLK	D	-0.01%
	U	C	-0.01%
	SIRI	C	-0.01%
	BSY	F	-0.01%
	CRBG	B	-0.01%
	ACI	C	-0.01%
	AGR	A	-0.0%

IUSV: Top Represented Industries & Keywords

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

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

BBUS: Top Represented Industries & Keywords

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

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