IUSV vs. IUSG ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to iShares Core U.S. Growth ETF (IUSG)

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

$97.08

Average Daily Volume

508,063

Number of Holdings ^*

728

* 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

$138.10

Average Daily Volume

432,463

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	IUSG
30 Days	0.67%	3.60%
60 Days	3.93%	7.57%
90 Days	6.09%	8.53%
12 Months	26.22%	39.98%

311 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in IUSG	Overlap
	ABBV	F	0.97%	0.42%	0.42%
	ABNB	C	0.14%	0.1%	0.1%
	ACM	B	0.03%	0.02%	0.02%
	ACN	B	0.45%	0.39%	0.39%
	ADI	D	0.2%	0.21%	0.2%
	ADP	A	0.33%	0.16%	0.16%
	ADSK	B	0.14%	0.11%	0.11%
	AJG	A	0.14%	0.11%	0.11%
	AKAM	F	0.04%	0.02%	0.02%
	ALGM	F	0.01%	0.0%	0.0%
	ALGN	D	0.03%	0.03%	0.03%
	ALLE	D	0.03%	0.02%	0.02%
	ALTM	C	0.01%	0.01%	0.01%
	ALV	C	0.01%	0.01%	0.01%
	AM	B	0.01%	0.01%	0.01%
	AME	A	0.1%	0.07%	0.07%
	AMED	F	0.01%	0.0%	0.0%
	AMH	C	0.02%	0.02%	0.02%
	AMP	A	0.11%	0.09%	0.09%
	AMT	F	0.24%	0.13%	0.13%
	ANSS	B	0.06%	0.05%	0.05%
	AON	B	0.18%	0.14%	0.14%
	AOS	F	0.02%	0.02%	0.02%
	APH	B	0.17%	0.16%	0.16%
	ATR	A	0.02%	0.02%	0.02%
	AVTR	F	0.04%	0.02%	0.02%
	AXP	B	0.21%	0.37%	0.21%
	AYI	A	0.02%	0.02%	0.02%
	AZO	B	0.07%	0.12%	0.07%
	AZPN	A	0.01%	0.01%	0.01%
	AZTA	F	0.0%	0.0%	0.0%
	BA	F	0.27%	0.16%	0.16%
	BC	D	0.01%	0.01%	0.01%
	BLKB	C	0.01%	0.01%	0.01%
	BMRN	F	0.02%	0.02%	0.02%
	BR	A	0.05%	0.05%	0.05%
	BRBR	A	0.02%	0.02%	0.02%
	BRKR	F	0.01%	0.01%	0.01%
	BRO	B	0.03%	0.07%	0.03%
	BRX	A	0.02%	0.01%	0.01%
	BSX	A	0.25%	0.23%	0.23%
	BURL	C	0.03%	0.03%	0.03%
	BX	A	0.16%	0.3%	0.16%
	CACI	C	0.03%	0.02%	0.02%
	CARR	C	0.14%	0.1%	0.1%
	CAT	B	0.36%	0.36%	0.36%
	CBOE	D	0.03%	0.04%	0.03%
	CBSH	A	0.02%	0.01%	0.01%
	CBT	C	0.01%	0.01%	0.01%
	CCK	D	0.03%	0.02%	0.02%
	CCL	B	0.03%	0.06%	0.03%
	CDP	C	0.01%	0.0%	0.0%
	CDW	F	0.07%	0.04%	0.04%
	CEG	D	0.18%	0.11%	0.11%
	CF	B	0.03%	0.03%	0.03%
	CFR	B	0.02%	0.01%	0.01%
	CG	B	0.03%	0.02%	0.02%
	CGNX	C	0.02%	0.01%	0.01%
	CHD	A	0.06%	0.04%	0.04%
	CHE	D	0.01%	0.02%	0.01%
	CHH	B	0.01%	0.0%	0.0%
	CHTR	B	0.09%	0.06%	0.06%
	CHWY	B	0.01%	0.01%	0.01%
	CHX	C	0.01%	0.01%	0.01%
	CIEN	B	0.03%	0.01%	0.01%
	CL	F	0.2%	0.1%	0.1%
	CME	B	0.22%	0.09%	0.09%
	CNM	D	0.02%	0.02%	0.02%
	COLM	B	0.01%	0.0%	0.0%
	COO	D	0.05%	0.03%	0.03%
	COP	C	0.18%	0.29%	0.18%
	COST	B	1.02%	0.57%	0.57%
	CPRI	F	0.01%	0.0%	0.0%
	CRUS	F	0.01%	0.01%	0.01%
	CSGP	F	0.08%	0.04%	0.04%
	CSX	B	0.15%	0.11%	0.11%
	CTAS	B	0.15%	0.14%	0.14%
	CTRA	B	0.03%	0.04%	0.03%
	CUBE	D	0.02%	0.02%	0.02%
	CVLT	B	0.01%	0.01%	0.01%
	CW	C	0.02%	0.03%	0.02%
	CYTK	C	0.02%	0.01%	0.01%
	CZR	F	0.02%	0.02%	0.02%
	DAL	A	0.08%	0.07%	0.07%
	DAY	B	0.02%	0.02%	0.02%
	DCI	A	0.02%	0.02%	0.02%
	DE	D	0.2%	0.19%	0.19%
	DELL	C	0.08%	0.07%	0.07%
	DFS	B	0.09%	0.08%	0.08%
	DKS	D	0.02%	0.02%	0.02%
	DLB	D	0.01%	0.01%	0.01%
	DLR	C	0.14%	0.07%	0.07%
	DOCS	B	0.01%	0.01%	0.01%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.03%	0.03%
	DTM	A	0.02%	0.02%	0.02%
	DVA	C	0.01%	0.01%	0.01%
	DXCM	C	0.05%	0.06%	0.05%
	EA	A	0.09%	0.05%	0.05%
	ECL	C	0.13%	0.11%	0.11%
	EEFT	C	0.01%	0.01%	0.01%
	EFX	F	0.09%	0.04%	0.04%
	EGP	D	0.01%	0.02%	0.01%
	EHC	B	0.02%	0.02%	0.02%
	ELS	B	0.02%	0.03%	0.02%
	ENPH	F	0.03%	0.01%	0.01%
	ENS	D	0.01%	0.01%	0.01%
	EOG	A	0.11%	0.16%	0.11%
	EPAM	B	0.03%	0.02%	0.02%
	EPR	D	0.01%	0.01%	0.01%
	EQH	B	0.01%	0.01%	0.01%
	EQIX	B	0.2%	0.13%	0.13%
	ERIE	F	0.02%	0.02%	0.02%
	ETN	B	0.24%	0.29%	0.24%
	EVR	B	0.01%	0.02%	0.01%
	EW	F	0.11%	0.05%	0.05%
	EWBC	B	0.03%	0.02%	0.02%
	EXLS	B	0.01%	0.01%	0.01%
	EXPD	C	0.05%	0.02%	0.02%
	EXPO	D	0.01%	0.01%	0.01%
	FAST	B	0.1%	0.08%	0.08%
	FBIN	F	0.03%	0.01%	0.01%
	FCX	F	0.15%	0.11%	0.11%
	FDS	A	0.04%	0.03%	0.03%
	FFIN	B	0.01%	0.01%	0.01%
	FI	A	0.25%	0.21%	0.21%
	FLS	B	0.02%	0.01%	0.01%
	FR	D	0.02%	0.01%	0.01%
	GATX	B	0.02%	0.01%	0.01%
	GE	D	0.48%	0.28%	0.28%
	GEV	B	0.23%	0.13%	0.13%
	GLPI	D	0.03%	0.02%	0.02%
	GNRC	B	0.02%	0.02%	0.02%
	GNTX	C	0.01%	0.01%	0.01%
	GRMN	A	0.07%	0.06%	0.06%
	GWW	B	0.06%	0.13%	0.06%
	GXO	B	0.01%	0.01%	0.01%
	HAE	B	0.01%	0.01%	0.01%
	HCA	D	0.15%	0.1%	0.1%
	HD	B	1.09%	0.48%	0.48%
	HGV	B	0.0%	0.01%	0.0%
	HQY	B	0.02%	0.01%	0.01%
	HST	D	0.02%	0.02%	0.02%
	HSY	F	0.07%	0.03%	0.03%
	HUBB	C	0.06%	0.04%	0.04%
	HWC	B	0.01%	0.01%	0.01%
	HWM	B	0.08%	0.09%	0.08%
	HXL	F	0.01%	0.01%	0.01%
	IBKR	A	0.03%	0.04%	0.03%
	IBOC	B	0.01%	0.01%	0.01%
	IDA	A	0.02%	0.01%	0.01%
	IDXX	F	0.07%	0.06%	0.06%
	INGR	B	0.03%	0.01%	0.01%
	IPGP	C	0.01%	0.0%	0.0%
	IQV	F	0.1%	0.05%	0.05%
	IR	A	0.04%	0.1%	0.04%
	IRDM	B	0.01%	0.01%	0.01%
	IRM	D	0.07%	0.06%	0.06%
	ISRG	A	0.28%	0.41%	0.28%
	ITW	B	0.17%	0.11%	0.11%
	JAZZ	B	0.02%	0.01%	0.01%
	JBL	C	0.03%	0.03%	0.03%
	KBH	D	0.01%	0.01%	0.01%
	KBR	D	0.02%	0.01%	0.01%
	KEX	A	0.02%	0.01%	0.01%
	KNF	C	0.01%	0.01%	0.01%
	KO	F	0.66%	0.31%	0.31%
	LAMR	D	0.02%	0.02%	0.02%
	LANC	C	0.01%	0.01%	0.01%
	LEN	D	0.08%	0.08%	0.08%
	LFUS	D	0.01%	0.01%	0.01%
	LIN	D	0.47%	0.37%	0.37%
	LIVN	C	0.01%	0.0%	0.0%
	LPX	A	0.01%	0.01%	0.01%
	LSTR	B	0.01%	0.01%	0.01%
	LVS	C	0.03%	0.04%	0.03%
	LW	B	0.02%	0.02%	0.02%
	MA	B	0.52%	1.01%	0.52%
	MAS	D	0.04%	0.03%	0.03%
	MASI	B	0.01%	0.01%	0.01%
	MAT	C	0.02%	0.01%	0.01%
	MCD	C	0.52%	0.31%	0.31%
	MCHP	F	0.07%	0.08%	0.07%
	MCO	C	0.17%	0.11%	0.11%
	MDLZ	F	0.22%	0.12%	0.12%
	MGM	D	0.01%	0.02%	0.01%
	MIDD	D	0.02%	0.01%	0.01%
	MKSI	C	0.02%	0.01%	0.01%
	MLM	B	0.06%	0.08%	0.06%
	MMC	D	0.23%	0.19%	0.19%
	MMS	F	0.01%	0.01%	0.01%
	MNST	B	0.07%	0.07%	0.07%
	MOH	F	0.04%	0.04%	0.04%
	MPC	D	0.1%	0.09%	0.09%
	MRK	F	0.67%	0.34%	0.34%
	MRO	B	0.03%	0.03%	0.03%
	MSCI	B	0.09%	0.09%	0.09%
	MSI	B	0.14%	0.16%	0.14%
	MSM	C	0.01%	0.01%	0.01%
	MTD	F	0.08%	0.03%	0.03%
	MTG	C	0.02%	0.01%	0.01%
	MTN	C	0.01%	0.01%	0.01%
	MTSI	B	0.01%	0.02%	0.01%
	MUR	D	0.01%	0.01%	0.01%
	NKE	F	0.23%	0.13%	0.13%
	NNN	F	0.02%	0.01%	0.01%
	NOVT	C	0.01%	0.01%	0.01%
	NSA	D	0.01%	0.0%	0.0%
	NSP	F	0.01%	0.0%	0.0%
	NTAP	D	0.07%	0.03%	0.03%
	NUE	D	0.06%	0.08%	0.06%
	NXPI	F	0.07%	0.15%	0.07%
	OHI	C	0.03%	0.01%	0.01%
	OKE	A	0.1%	0.13%	0.1%
	OLN	F	0.01%	0.01%	0.01%
	ON	F	0.08%	0.04%	0.04%
	OPCH	F	0.01%	0.01%	0.01%
	ORLY	A	0.08%	0.17%	0.08%
	OTIS	D	0.11%	0.05%	0.05%
	OZK	B	0.01%	0.01%	0.01%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	B	0.12%	0.06%	0.06%
	PCAR	B	0.07%	0.14%	0.07%
	PEP	D	0.63%	0.27%	0.27%
	PG	C	1.02%	0.5%	0.5%
	PGR	A	0.33%	0.25%	0.25%
	PH	A	0.08%	0.23%	0.08%
	PM	B	0.53%	0.24%	0.24%
	PNFP	B	0.02%	0.01%	0.01%
	PNR	A	0.02%	0.04%	0.02%
	PODD	B	0.05%	0.02%	0.02%
	POOL	D	0.03%	0.03%	0.03%
	POWI	D	0.01%	0.01%	0.01%
	PSA	D	0.13%	0.07%	0.07%
	PSN	C	0.01%	0.01%	0.01%
	PTC	B	0.04%	0.05%	0.04%
	PWR	B	0.06%	0.11%	0.06%
	QCOM	F	0.4%	0.32%	0.32%
	REGN	F	0.15%	0.17%	0.15%
	REXR	F	0.02%	0.01%	0.01%
	RGLD	C	0.02%	0.02%	0.02%
	RH	C	0.01%	0.01%	0.01%
	RL	B	0.02%	0.02%	0.02%
	RLI	A	0.01%	0.01%	0.01%
	RNR	D	0.03%	0.02%	0.02%
	ROIV	D	0.01%	0.01%	0.01%
	ROK	B	0.07%	0.05%	0.05%
	ROL	C	0.03%	0.02%	0.02%
	ROP	A	0.15%	0.08%	0.08%
	RPM	A	0.03%	0.03%	0.03%
	RSG	B	0.08%	0.08%	0.08%
	RYN	F	0.01%	0.01%	0.01%
	SAIC	D	0.02%	0.01%	0.01%
	SAM	B	0.01%	0.0%	0.0%
	SBAC	D	0.06%	0.03%	0.03%
	SBUX	B	0.19%	0.21%	0.19%
	SCI	B	0.03%	0.02%	0.02%
	SEIC	A	0.02%	0.01%	0.01%
	SFM	B	0.04%	0.02%	0.02%
	SHW	A	0.19%	0.15%	0.15%
	SIGI	B	0.01%	0.01%	0.01%
	SLM	A	0.01%	0.01%	0.01%
	SMG	D	0.01%	0.0%	0.0%
	SNA	A	0.04%	0.03%	0.03%
	SPG	A	0.15%	0.07%	0.07%
	SPGI	C	0.39%	0.23%	0.23%
	SRPT	F	0.01%	0.03%	0.01%
	STAG	D	0.01%	0.01%	0.01%
	STE	D	0.04%	0.04%	0.04%
	STLD	C	0.03%	0.04%	0.03%
	STX	D	0.06%	0.03%	0.03%
	SYK	A	0.2%	0.27%	0.2%
	SYNA	C	0.01%	0.0%	0.0%
	TEL	B	0.13%	0.06%	0.06%
	TEX	D	0.01%	0.01%	0.01%
	TJX	A	0.2%	0.28%	0.2%
	TKO	D	0.02%	0.01%	0.01%
	TKR	F	0.01%	0.01%	0.01%
	TMO	F	0.57%	0.26%	0.26%
	TNL	A	0.01%	0.01%	0.01%
	TPL	B	0.04%	0.06%	0.04%
	TSCO	D	0.08%	0.04%	0.04%
	TT	B	0.12%	0.21%	0.12%
	TTC	F	0.02%	0.01%	0.01%
	TTWO	A	0.06%	0.05%	0.05%
	TXN	B	0.54%	0.24%	0.24%
	ULTA	C	0.03%	0.04%	0.03%
	UNH	B	1.51%	0.7%	0.7%
	UNP	D	0.35%	0.21%	0.21%
	UTHR	B	0.04%	0.03%	0.03%
	V	A	0.76%	1.1%	0.76%
	VC	F	0.01%	0.0%	0.0%
	VMC	B	0.06%	0.08%	0.06%
	VNOM	C	0.01%	0.01%	0.01%
	VOYA	B	0.02%	0.01%	0.01%
	VRSK	A	0.08%	0.07%	0.07%
	VRSN	C	0.04%	0.02%	0.02%
	VRTX	B	0.2%	0.28%	0.2%
	WAL	B	0.02%	0.02%	0.02%
	WAT	B	0.06%	0.03%	0.03%
	WEN	C	0.01%	0.01%	0.01%
	WH	A	0.01%	0.02%	0.01%
	WM	A	0.19%	0.13%	0.13%
	WMB	B	0.18%	0.09%	0.09%
	WMG	B	0.0%	0.01%	0.0%
	WTRG	C	0.02%	0.02%	0.02%
	XPO	B	0.04%	0.03%	0.03%
	YETI	D	0.01%	0.01%	0.01%
	YUM	B	0.09%	0.06%	0.06%
	ZI	C	0.01%	0.0%	0.0%
	ZTS	D	0.15%	0.14%	0.14%

IUSV Overweight 417 Positions Relative to IUSG

	Symbol	Grade	Weight
	BRK.A	B	3.67%
	JPM	A	2.93%
	XOM	B	2.35%
	JNJ	D	1.64%
	WMT	A	1.59%
	BAC	A	1.32%
	CVX	A	1.16%
	WFC	A	1.04%
	CSCO	A	1.02%
	ABT	C	0.87%
	IBM	D	0.86%
	GS	B	0.8%
	DIS	B	0.78%
	AMGN	F	0.75%
	CMCSA	B	0.74%
	VZ	D	0.74%
	RTX	D	0.7%
	MS	A	0.7%
	T	A	0.69%
	DHR	F	0.69%
	PFE	F	0.68%
	NEE	D	0.67%
	LOW	B	0.66%
	BLK	A	0.63%
	HON	B	0.62%
	C	B	0.57%
	MU	D	0.55%
	GILD	B	0.53%
	LMT	D	0.51%
	TMUS	A	0.5%
	INTC	C	0.49%
	MDT	D	0.49%
	SCHW	B	0.48%
	BMY	B	0.48%
	CB	C	0.46%
	PLD	D	0.46%
	UPS	C	0.43%
	ELV	F	0.43%
	SO	D	0.41%
	MO	A	0.4%
	CI	D	0.39%
	ICE	C	0.39%
	DUK	D	0.37%
	PYPL	A	0.36%
	WELL	B	0.35%
	PNC	B	0.35%
	USB	B	0.34%
	MCK	B	0.34%
	GD	C	0.34%
	EMR	A	0.32%
	MMM	C	0.32%
	COF	B	0.31%
	NOC	D	0.31%
	CVS	F	0.31%
	APD	B	0.3%
	TGT	C	0.3%
	BDX	F	0.29%
	FDX	B	0.28%
	NSC	B	0.27%
	SLB	C	0.27%
	TFC	B	0.27%
	GM	B	0.27%
	SRE	B	0.25%
	BK	B	0.25%
	TRV	B	0.25%
	AFL	C	0.24%
	JCI	A	0.24%
	NEM	F	0.23%
	PSX	C	0.23%
	ALL	B	0.22%
	KMI	B	0.22%
	AEP	D	0.22%
	FIS	B	0.21%
	D	D	0.21%
	MET	C	0.21%
	LHX	B	0.21%
	CMI	A	0.21%
	O	D	0.21%
	AIG	B	0.21%
	CCI	F	0.2%
	F	C	0.19%
	BKR	B	0.19%
	COR	B	0.19%
	PCG	A	0.19%
	VLO	C	0.19%
	KVUE	A	0.19%
	PRU	B	0.19%
	KMB	D	0.19%
	CTSH	A	0.18%
	GEHC	D	0.18%
	CTVA	C	0.18%
	A	F	0.18%
	PEG	C	0.18%
	EXC	C	0.17%
	KR	A	0.17%
	CBRE	B	0.17%
	GIS	F	0.16%
	DD	D	0.16%
	HPQ	B	0.16%
	STZ	D	0.16%
	RMD	C	0.16%
	XEL	A	0.16%
	KDP	C	0.16%
	GLW	B	0.16%
	SYY	D	0.16%
	ED	D	0.15%
	HIG	C	0.15%
	DOW	F	0.15%
	OXY	F	0.15%
	HUM	D	0.15%
	MTB	A	0.15%
	EXR	D	0.15%
	WAB	B	0.15%
	ETR	B	0.14%
	FITB	A	0.14%
	EIX	C	0.14%
	WTW	A	0.14%
	NDAQ	B	0.14%
	AVB	B	0.14%
	VICI	D	0.14%
	CNC	F	0.14%
	GPN	B	0.13%
	KEYS	C	0.13%
	KHC	F	0.13%
	CAH	B	0.13%
	RJF	A	0.13%
	PPG	F	0.13%
	XYL	F	0.13%
	WEC	B	0.13%
	EBAY	C	0.13%
	SW	B	0.12%
	VTR	C	0.12%
	TROW	A	0.12%
	DOV	A	0.12%
	HPE	B	0.12%
	UAL	A	0.12%
	STT	B	0.12%
	EQT	B	0.11%
	DTE	D	0.11%
	DVN	F	0.11%
	EQR	C	0.11%
	ILMN	C	0.11%
	ADM	F	0.11%
	BIIB	F	0.11%
	HBAN	A	0.11%
	SYF	B	0.11%
	VLTO	D	0.11%
	AWK	D	0.11%
	LDOS	C	0.11%
	HAL	C	0.11%
	ATO	B	0.1%
	ZBH	C	0.1%
	TDY	B	0.1%
	LYB	F	0.1%
	WDC	D	0.1%
	WY	F	0.1%
	AEE	B	0.1%
	CINF	A	0.1%
	IFF	F	0.1%
	RF	A	0.1%
	PPL	A	0.1%
	CMS	D	0.09%
	NRG	C	0.09%
	LH	B	0.09%
	CLX	A	0.09%
	IP	B	0.09%
	OMC	A	0.09%
	ZBRA	B	0.09%
	CFG	B	0.09%
	WBD	B	0.09%
	FSLR	F	0.09%
	FE	D	0.09%
	NTRS	A	0.09%
	PKG	B	0.09%
	K	A	0.09%
	ES	D	0.09%
	IEX	B	0.08%
	DGX	B	0.08%
	TRMB	B	0.08%
	BBY	C	0.08%
	ARE	F	0.08%
	KEY	B	0.08%
	WRB	B	0.08%
	TER	F	0.08%
	J	D	0.08%
	MAA	C	0.08%
	BALL	D	0.08%
	HOLX	D	0.08%
	BAX	F	0.08%
	PFG	C	0.08%
	LUV	B	0.08%
	INVH	D	0.08%
	ESS	C	0.08%
	EXE	A	0.08%
	CNP	B	0.08%
	MKC	D	0.08%
	L	A	0.07%
	JBHT	C	0.07%
	RVTY	C	0.07%
	EL	F	0.07%
	EG	D	0.07%
	DOCU	B	0.07%
	VTRS	B	0.07%
	NI	A	0.07%
	DOC	C	0.07%
	GEN	B	0.07%
	THC	B	0.07%
	USFD	B	0.07%
	AVY	F	0.07%
	TXT	D	0.07%
	KIM	A	0.07%
	COHR	C	0.07%
	TSN	B	0.07%
	MRNA	F	0.07%
	DG	F	0.07%
	GPC	D	0.07%
	CHRW	A	0.06%
	JNPR	D	0.06%
	DLTR	F	0.06%
	UDR	C	0.06%
	INCY	B	0.06%
	JKHY	C	0.06%
	PFGC	B	0.06%
	CAG	F	0.06%
	EVRG	A	0.06%
	FFIV	B	0.06%
	NDSN	B	0.06%
	SWK	F	0.06%
	LNT	C	0.06%
	RGA	A	0.06%
	SWKS	F	0.06%
	AMCR	D	0.06%
	FNF	C	0.06%
	APTV	F	0.06%
	ARMK	B	0.05%
	ALLY	C	0.05%
	MKTX	C	0.05%
	SOLV	C	0.05%
	FHN	A	0.05%
	AIZ	A	0.05%
	CRL	C	0.05%
	CTLT	D	0.05%
	NWSA	B	0.05%
	IPG	F	0.05%
	JEF	B	0.05%
	SF	A	0.05%
	ALB	C	0.05%
	AA	C	0.05%
	BJ	B	0.05%
	TPR	A	0.05%
	TECH	D	0.05%
	KMX	B	0.05%
	REG	A	0.05%
	RRX	B	0.05%
	BXP	D	0.05%
	EMN	D	0.05%
	WPC	F	0.05%
	BG	D	0.05%
	SJM	F	0.05%
	UHS	D	0.05%
	JLL	C	0.05%
	CPT	C	0.05%
	MTCH	F	0.04%
	IVZ	B	0.04%
	SNV	B	0.04%
	HAS	D	0.04%
	AR	B	0.04%
	SSB	B	0.04%
	OGE	B	0.04%
	ZION	B	0.04%
	WTFC	B	0.04%
	FRT	B	0.04%
	ORI	A	0.04%
	GPK	D	0.04%
	HSIC	F	0.04%
	MTZ	B	0.04%
	HRL	F	0.04%
	CPB	F	0.04%
	AAL	B	0.04%
	GME	C	0.04%
	MOS	D	0.04%
	WCC	B	0.04%
	GMED	B	0.04%
	TFX	F	0.04%
	KNX	C	0.04%
	X	D	0.04%
	SNX	C	0.04%
	NLY	C	0.04%
	AES	F	0.04%
	AFG	A	0.04%
	GL	B	0.04%
	WBS	A	0.04%
	UNM	A	0.04%
	LAD	B	0.04%
	TAP	B	0.04%
	FOXA	A	0.04%
	PNW	A	0.04%
	LKQ	C	0.04%
	FLR	C	0.04%
	CNH	D	0.04%
	NXST	C	0.03%
	FNB	B	0.03%
	THO	B	0.03%
	AGCO	F	0.03%
	KRG	B	0.03%
	WHR	B	0.03%
	PVH	C	0.03%
	ESNT	D	0.03%
	STWD	C	0.03%
	HR	C	0.03%
	DAR	B	0.03%
	GBCI	B	0.03%
	CLF	F	0.03%
	COLB	A	0.03%
	KD	A	0.03%
	ARW	F	0.03%
	FAF	C	0.03%
	WBA	D	0.03%
	BEN	C	0.03%
	NOV	C	0.03%
	DINO	D	0.03%
	QRVO	F	0.03%
	PARA	B	0.03%
	G	B	0.03%
	R	B	0.03%
	ONB	B	0.03%
	VMI	B	0.03%
	CMC	B	0.03%
	BIO	C	0.03%
	OSK	B	0.03%
	ADC	A	0.03%
	TMHC	B	0.03%
	VNO	C	0.03%
	FMC	F	0.03%
	MHK	D	0.03%
	PB	B	0.03%
	BERY	D	0.03%
	FYBR	D	0.03%
	HII	F	0.03%
	BWA	B	0.03%
	XRAY	F	0.02%
	NWS	B	0.02%
	PRGO	C	0.02%
	NVST	C	0.02%
	PII	F	0.02%
	ALE	A	0.02%
	SR	C	0.02%
	ASH	F	0.02%
	TCBI	B	0.02%
	HOG	D	0.02%
	AMTM	D	0.02%
	ASB	B	0.02%
	KMPR	A	0.02%
	TXNM	A	0.02%
	CNO	B	0.02%
	BKH	A	0.02%
	OGS	B	0.02%
	SLGN	B	0.02%
	KRC	C	0.02%
	AN	C	0.02%
	ASGN	D	0.02%
	ORA	B	0.02%
	SWX	B	0.02%
	FLO	F	0.02%
	VLY	B	0.02%
	IRT	A	0.02%
	AVNT	B	0.02%
	M	C	0.02%
	SBRA	C	0.02%
	NJR	A	0.02%
	CUZ	B	0.02%
	POR	D	0.02%
	GAP	B	0.02%
	SON	F	0.02%
	ST	F	0.02%
	AVT	C	0.02%
	LITE	B	0.02%
	POST	D	0.02%
	UGI	D	0.02%
	BDC	C	0.02%
	UMBF	B	0.02%
	NFG	D	0.02%
	UBSI	B	0.02%
	HOMB	A	0.02%
	FOX	A	0.02%
	AMG	B	0.02%
	LEA	F	0.02%
	JHG	A	0.02%
	THG	A	0.02%
	UA	B	0.01%
	GEF	B	0.01%
	CADE	B	0.01%
	CRI	D	0.01%
	CNXC	F	0.01%
	VSH	F	0.01%
	PPC	C	0.01%
	UAA	B	0.01%
	JWN	B	0.01%
	RCM	B	0.01%
	WU	F	0.01%
	ENOV	C	0.01%
	GT	C	0.01%
	CXT	F	0.01%
	CC	C	0.01%
	PBF	F	0.01%
	PCH	F	0.01%
	NEOG	D	0.01%
	PAG	B	0.01%
	GHC	B	0.01%
	VAC	B	0.01%
	MAN	F	0.01%
	AMKR	F	0.01%
	NWE	C	0.01%
	BHF	B	0.01%
	FLG	D	0.01%
	FHI	A	0.01%
	MAGN	F	0.0%

IUSV Underweight 175 Positions Relative to IUSG

	Symbol	Grade	Weight
	NVDA	A	-11.79%
	AAPL	C	-11.2%
	MSFT	C	-10.19%
	AMZN	A	-6.31%
	META	B	-4.18%
	GOOGL	C	-3.39%
	TSLA	B	-2.89%
	GOOG	C	-2.8%
	AVGO	C	-2.77%
	LLY	F	-2.13%
	NFLX	A	-1.11%
	CRM	B	-1.01%
	ORCL	A	-0.98%
	AMD	F	-0.78%
	ADBE	C	-0.71%
	NOW	A	-0.67%
	INTU	A	-0.62%
	BKNG	A	-0.54%
	AMAT	F	-0.52%
	UBER	F	-0.49%
	PANW	B	-0.41%
	PLTR	B	-0.38%
	LRCX	F	-0.33%
	KKR	B	-0.33%
	ANET	C	-0.33%
	KLAC	F	-0.3%
	SNPS	C	-0.28%
	CDNS	B	-0.27%
	CMG	B	-0.26%
	TDG	D	-0.25%
	CRWD	B	-0.25%
	MAR	A	-0.21%
	HLT	A	-0.2%
	FICO	B	-0.19%
	FTNT	B	-0.19%
	URI	B	-0.19%
	RCL	A	-0.17%
	VST	B	-0.16%
	CPRT	A	-0.16%
	DHI	D	-0.16%
	ROST	D	-0.15%
	TRGP	B	-0.14%
	IT	B	-0.14%
	ODFL	B	-0.14%
	AXON	B	-0.14%
	HES	B	-0.13%
	LULU	B	-0.12%
	MPWR	F	-0.12%
	ACGL	C	-0.12%
	FANG	C	-0.11%
	FTV	C	-0.09%
	TYL	B	-0.09%
	DECK	B	-0.09%
	PHM	D	-0.09%
	NVR	D	-0.09%
	WST	B	-0.08%
	EME	B	-0.08%
	GDDY	B	-0.08%
	CPAY	A	-0.08%
	LII	B	-0.07%
	BLDR	C	-0.07%
	CSL	B	-0.07%
	EXPE	B	-0.07%
	MANH	C	-0.06%
	RS	C	-0.06%
	WSO	B	-0.06%
	LYV	A	-0.06%
	SAIA	B	-0.05%
	GGG	B	-0.05%
	CASY	B	-0.05%
	DT	C	-0.05%
	TOL	B	-0.05%
	PSTG	D	-0.05%
	FIX	B	-0.05%
	WSM	F	-0.05%
	OC	A	-0.05%
	FND	F	-0.04%
	BLD	F	-0.04%
	OVV	C	-0.04%
	BWXT	B	-0.04%
	NCLH	B	-0.04%
	DUOL	A	-0.04%
	LECO	C	-0.04%
	SMCI	F	-0.04%
	TTEK	F	-0.04%
	ITT	A	-0.04%
	NBIX	C	-0.04%
	NVT	C	-0.04%
	TXRH	A	-0.04%
	CLH	B	-0.04%
	HALO	C	-0.03%
	HLNE	B	-0.03%
	SSD	F	-0.03%
	WYNN	C	-0.03%
	PLNT	A	-0.03%
	OLED	F	-0.03%
	APA	F	-0.03%
	TREX	C	-0.03%
	RRC	B	-0.03%
	UFPI	B	-0.03%
	SKX	F	-0.03%
	CHRD	D	-0.03%
	HRB	D	-0.03%
	ENSG	C	-0.03%
	CR	B	-0.03%
	ONTO	F	-0.03%
	AXTA	A	-0.03%
	NYT	C	-0.03%
	AAON	B	-0.03%
	LNW	F	-0.03%
	PCTY	B	-0.03%
	MEDP	D	-0.03%
	CE	F	-0.03%
	PEN	C	-0.03%
	RBC	B	-0.03%
	MORN	B	-0.03%
	TPX	B	-0.03%
	PR	C	-0.03%
	WMS	F	-0.03%
	HLI	B	-0.03%
	MUSA	B	-0.03%
	FN	C	-0.03%
	PRI	B	-0.03%
	KNSL	C	-0.03%
	WING	D	-0.03%
	AIT	A	-0.03%
	EXEL	B	-0.03%
	EXP	B	-0.03%
	WWD	B	-0.03%
	CHDN	B	-0.03%
	FIVE	F	-0.02%
	CIVI	D	-0.02%
	LOPE	B	-0.02%
	BYD	A	-0.02%
	APPF	B	-0.02%
	VVV	B	-0.02%
	QLYS	B	-0.02%
	CNX	B	-0.02%
	NXT	C	-0.02%
	WTS	B	-0.02%
	OLLI	C	-0.02%
	ALTR	C	-0.02%
	CROX	F	-0.02%
	LNTH	F	-0.02%
	RMBS	C	-0.02%
	VNT	C	-0.02%
	DBX	B	-0.02%
	WFRD	F	-0.02%
	MTDR	B	-0.02%
	ELF	C	-0.02%
	MSA	D	-0.02%
	H	B	-0.02%
	GTLS	B	-0.02%
	FCN	F	-0.02%
	COKE	C	-0.02%
	RGEN	C	-0.02%
	RYAN	B	-0.02%
	ANF	C	-0.02%
	LSCC	D	-0.02%
	WEX	D	-0.02%
	ESAB	B	-0.02%
	CAR	C	-0.01%
	SHC	D	-0.01%
	COTY	D	-0.01%
	ARWR	C	-0.01%
	TDC	F	-0.01%
	PK	C	-0.01%
	VAL	D	-0.01%
	SLAB	F	-0.01%
	ACHC	F	-0.01%
	FCFS	F	-0.01%
	WLK	F	-0.01%
	NEU	C	-0.01%
	BCO	F	-0.01%
	CELH	F	-0.01%

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

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 Asset Management Capital Markets Medical Care Medical Devices REIT - Industrial Resorts & Casinos

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