IUSV vs. PBP ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to PowerShares S&P 500 BuyWrite Portfolio (PBP)

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

$98.97

Average Daily Volume

517,714

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$23.15

Average Daily Volume

20,950

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	PBP
30 Days	3.05%	1.82%
60 Days	4.28%	2.59%
90 Days	6.30%	4.17%
12 Months	27.24%	18.42%

433 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in PBP	Overlap
	A	D	0.17%	0.08%	0.08%
	ABBV	D	0.83%	0.61%	0.61%
	ABNB	C	0.13%	0.12%	0.12%
	ABT	B	0.87%	0.4%	0.4%
	ACN	C	0.46%	0.46%	0.46%
	ADI	D	0.19%	0.21%	0.19%
	ADM	D	0.11%	0.05%	0.05%
	ADP	B	0.33%	0.25%	0.25%
	ADSK	A	0.14%	0.13%	0.13%
	AEE	A	0.1%	0.05%	0.05%
	AEP	D	0.22%	0.1%	0.1%
	AES	F	0.04%	0.02%	0.02%
	AFL	B	0.24%	0.11%	0.11%
	AIG	B	0.21%	0.1%	0.1%
	AIZ	A	0.05%	0.02%	0.02%
	AJG	B	0.14%	0.13%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.23%	0.1%	0.1%
	ALLE	D	0.03%	0.02%	0.02%
	AMCR	D	0.06%	0.03%	0.03%
	AME	A	0.1%	0.09%	0.09%
	AMGN	D	0.7%	0.32%	0.32%
	AMP	A	0.11%	0.11%	0.11%
	AMT	D	0.23%	0.18%	0.18%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.01%	0.02%	0.01%
	APD	A	0.31%	0.14%	0.14%
	APH	A	0.17%	0.18%	0.17%
	APTV	D	0.06%	0.03%	0.03%
	ARE	D	0.07%	0.03%	0.03%
	ATO	A	0.1%	0.05%	0.05%
	AVB	B	0.14%	0.07%	0.07%
	AVY	D	0.07%	0.03%	0.03%
	AWK	D	0.11%	0.05%	0.05%
	AXP	A	0.21%	0.33%	0.21%
	AZO	C	0.07%	0.1%	0.07%
	BA	F	0.25%	0.2%	0.2%
	BAC	A	1.35%	0.63%	0.63%
	BALL	D	0.08%	0.04%	0.04%
	BAX	D	0.07%	0.03%	0.03%
	BBY	D	0.08%	0.04%	0.04%
	BDX	F	0.29%	0.13%	0.13%
	BEN	C	0.03%	0.01%	0.01%
	BG	F	0.05%	0.03%	0.03%
	BIIB	F	0.11%	0.05%	0.05%
	BK	A	0.25%	0.12%	0.12%
	BKR	B	0.19%	0.09%	0.09%
	BLK	C	0.64%	0.29%	0.29%
	BMY	B	0.52%	0.24%	0.24%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	3.74%	1.73%	1.73%
	BRO	B	0.03%	0.05%	0.03%
	BSX	B	0.25%	0.26%	0.25%
	BWA	D	0.03%	0.02%	0.02%
	BX	A	0.16%	0.26%	0.16%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.57%	0.26%	0.26%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	0.13%	0.06%	0.06%
	CARR	D	0.14%	0.13%	0.13%
	CAT	B	0.34%	0.38%	0.34%
	CB	C	0.47%	0.22%	0.22%
	CBOE	B	0.03%	0.04%	0.03%
	CBRE	B	0.17%	0.08%	0.08%
	CCI	D	0.2%	0.09%	0.09%
	CCL	B	0.03%	0.05%	0.03%
	CDW	F	0.06%	0.05%	0.05%
	CEG	D	0.17%	0.14%	0.14%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.09%	0.04%	0.04%
	CHD	B	0.06%	0.05%	0.05%
	CHRW	C	0.06%	0.03%	0.03%
	CHTR	C	0.09%	0.08%	0.08%
	CI	F	0.4%	0.18%	0.18%
	CINF	A	0.1%	0.05%	0.05%
	CL	D	0.2%	0.15%	0.15%
	CLX	B	0.09%	0.04%	0.04%
	CMCSA	B	0.73%	0.34%	0.34%
	CME	A	0.22%	0.16%	0.16%
	CMI	A	0.22%	0.1%	0.1%
	CMS	C	0.09%	0.04%	0.04%
	CNC	D	0.13%	0.06%	0.06%
	CNP	B	0.09%	0.04%	0.04%
	COF	B	0.31%	0.14%	0.14%
	COP	C	0.18%	0.27%	0.18%
	COR	B	0.19%	0.09%	0.09%
	COST	B	1.04%	0.83%	0.83%
	CPB	D	0.04%	0.02%	0.02%
	CPT	B	0.06%	0.03%	0.03%
	CRL	C	0.04%	0.02%	0.02%
	CSCO	B	1.02%	0.47%	0.47%
	CSGP	D	0.08%	0.06%	0.06%
	CSX	B	0.15%	0.14%	0.14%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	B	0.05%	0.02%	0.02%
	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%	0.14%	0.14%
	CVX	A	1.2%	0.56%	0.56%
	CZR	F	0.02%	0.02%	0.02%
	D	C	0.21%	0.1%	0.1%
	DAL	C	0.08%	0.08%	0.08%
	DAY	B	0.02%	0.02%	0.02%
	DD	D	0.15%	0.07%	0.07%
	DE	A	0.19%	0.2%	0.19%
	DELL	C	0.08%	0.08%	0.08%
	DFS	B	0.09%	0.09%	0.09%
	DG	F	0.07%	0.03%	0.03%
	DGX	A	0.08%	0.04%	0.04%
	DHR	F	0.67%	0.31%	0.31%
	DIS	B	0.87%	0.4%	0.4%
	DLR	B	0.14%	0.11%	0.11%
	DLTR	F	0.06%	0.03%	0.03%
	DOC	D	0.07%	0.03%	0.03%
	DOV	A	0.12%	0.06%	0.06%
	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%
	DVA	B	0.01%	0.01%	0.01%
	DVN	F	0.11%	0.05%	0.05%
	DXCM	D	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%	0.13%	0.13%
	ED	D	0.14%	0.07%	0.07%
	EFX	F	0.09%	0.07%	0.07%
	EG	C	0.07%	0.03%	0.03%
	EIX	B	0.14%	0.06%	0.06%
	EL	F	0.07%	0.03%	0.03%
	ELV	F	0.41%	0.19%	0.19%
	EMN	D	0.05%	0.02%	0.02%
	EMR	A	0.32%	0.15%	0.15%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	A	0.11%	0.16%	0.11%
	EPAM	C	0.04%	0.03%	0.03%
	EQIX	A	0.2%	0.17%	0.17%
	EQR	B	0.11%	0.05%	0.05%
	EQT	B	0.11%	0.05%	0.05%
	ERIE	D	0.02%	0.02%	0.02%
	ES	D	0.1%	0.04%	0.04%
	ESS	B	0.08%	0.04%	0.04%
	ETN	A	0.24%	0.29%	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%
	EXC	C	0.17%	0.08%	0.08%
	EXPD	D	0.05%	0.03%	0.03%
	EXR	D	0.15%	0.07%	0.07%
	F	C	0.19%	0.09%	0.09%
	FAST	B	0.1%	0.1%	0.1%
	FCX	D	0.14%	0.13%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.29%	0.13%	0.13%
	FE	C	0.09%	0.04%	0.04%
	FFIV	B	0.06%	0.03%	0.03%
	FI	A	0.26%	0.25%	0.25%
	FIS	C	0.21%	0.1%	0.1%
	FITB	A	0.14%	0.06%	0.06%
	FMC	D	0.03%	0.01%	0.01%
	FOX	A	0.03%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FRT	B	0.04%	0.02%	0.02%
	FSLR	F	0.09%	0.04%	0.04%
	GD	F	0.33%	0.15%	0.15%
	GE	D	0.48%	0.39%	0.39%
	GEHC	F	0.17%	0.08%	0.08%
	GEN	B	0.07%	0.03%	0.03%
	GEV	B	0.22%	0.18%	0.18%
	GILD	C	0.5%	0.23%	0.23%
	GIS	D	0.16%	0.07%	0.07%
	GL	B	0.04%	0.02%	0.02%
	GLW	B	0.16%	0.07%	0.07%
	GM	B	0.28%	0.13%	0.13%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.08%	0.03%	0.03%
	GPN	B	0.13%	0.06%	0.06%
	GRMN	B	0.07%	0.07%	0.07%
	GS	A	0.81%	0.38%	0.38%
	GWW	B	0.06%	0.11%	0.06%
	HAL	C	0.12%	0.05%	0.05%
	HAS	D	0.04%	0.02%	0.02%
	HBAN	A	0.11%	0.05%	0.05%
	HCA	F	0.15%	0.13%	0.13%
	HD	A	1.11%	0.81%	0.81%
	HIG	B	0.15%	0.07%	0.07%
	HII	D	0.03%	0.02%	0.02%
	HOLX	D	0.08%	0.04%	0.04%
	HON	B	0.66%	0.3%	0.3%
	HPE	B	0.12%	0.06%	0.06%
	HPQ	B	0.16%	0.07%	0.07%
	HRL	D	0.04%	0.02%	0.02%
	HSIC	B	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%	0.07%	0.07%
	HWM	A	0.09%	0.09%	0.09%
	IBM	C	0.84%	0.39%	0.39%
	ICE	C	0.39%	0.18%	0.18%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.08%	0.04%	0.04%
	IFF	D	0.1%	0.05%	0.05%
	INCY	C	0.05%	0.03%	0.03%
	INTC	D	0.47%	0.22%	0.22%
	INVH	D	0.08%	0.04%	0.04%
	IP	B	0.09%	0.04%	0.04%
	IPG	D	0.05%	0.02%	0.02%
	IQV	D	0.09%	0.07%	0.07%
	IR	B	0.04%	0.08%	0.04%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.28%	0.39%	0.28%
	ITW	B	0.17%	0.15%	0.15%
	IVZ	B	0.03%	0.02%	0.02%
	J	F	0.08%	0.04%	0.04%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.25%	0.12%	0.12%
	JKHY	D	0.06%	0.03%	0.03%
	JNJ	D	1.6%	0.74%	0.74%
	JNPR	F	0.06%	0.03%	0.03%
	JPM	A	3.01%	1.39%	1.39%
	K	A	0.09%	0.04%	0.04%
	KDP	D	0.16%	0.07%	0.07%
	KEY	B	0.08%	0.04%	0.04%
	KEYS	A	0.12%	0.05%	0.05%
	KHC	F	0.12%	0.06%	0.06%
	KIM	A	0.07%	0.03%	0.03%
	KMB	D	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%	0.49%	0.49%
	KR	B	0.17%	0.08%	0.08%
	KVUE	A	0.2%	0.09%	0.09%
	L	A	0.07%	0.03%	0.03%
	LDOS	C	0.1%	0.05%	0.05%
	LEN	D	0.08%	0.08%	0.08%
	LH	C	0.09%	0.04%	0.04%
	LHX	C	0.21%	0.1%	0.1%
	LIN	D	0.46%	0.44%	0.44%
	LKQ	D	0.04%	0.02%	0.02%
	LMT	D	0.5%	0.23%	0.23%
	LNT	A	0.07%	0.03%	0.03%
	LOW	D	0.67%	0.31%	0.31%
	LUV	C	0.08%	0.04%	0.04%
	LVS	C	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.09%	0.04%	0.04%
	MA	C	0.53%	0.87%	0.53%
	MAA	B	0.08%	0.04%	0.04%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.52%	0.43%	0.43%
	MCHP	D	0.06%	0.07%	0.06%
	MCK	B	0.35%	0.16%	0.16%
	MCO	B	0.17%	0.15%	0.15%
	MDLZ	F	0.22%	0.18%	0.18%
	MDT	D	0.48%	0.22%	0.22%
	MET	A	0.21%	0.1%	0.1%
	MGM	D	0.01%	0.02%	0.01%
	MHK	D	0.03%	0.01%	0.01%
	MKC	D	0.08%	0.04%	0.04%
	MKTX	D	0.04%	0.02%	0.02%
	MLM	B	0.05%	0.07%	0.05%
	MMC	B	0.23%	0.22%	0.22%
	MMM	D	0.32%	0.15%	0.15%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.41%	0.19%	0.19%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.04%	0.02%	0.02%
	MPC	D	0.1%	0.11%	0.1%
	MRK	F	0.65%	0.5%	0.5%
	MRNA	F	0.06%	0.03%	0.03%
	MRO	B	0.03%	0.03%	0.03%
	MS	A	0.72%	0.33%	0.33%
	MSCI	C	0.09%	0.1%	0.09%
	MSI	B	0.15%	0.17%	0.15%
	MTB	A	0.16%	0.07%	0.07%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.07%	0.05%	0.05%
	MU	D	0.48%	0.22%	0.22%
	NDAQ	A	0.14%	0.07%	0.07%
	NDSN	B	0.06%	0.03%	0.03%
	NEE	D	0.68%	0.31%	0.31%
	NEM	D	0.2%	0.09%	0.09%
	NI	A	0.07%	0.03%	0.03%
	NKE	D	0.23%	0.18%	0.18%
	NOC	D	0.3%	0.14%	0.14%
	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	B	0.02%	0.01%	0.01%
	NWSA	B	0.05%	0.02%	0.02%
	NXPI	D	0.06%	0.12%	0.06%
	O	D	0.21%	0.1%	0.1%
	OKE	A	0.1%	0.13%	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%	0.07%	0.07%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	C	0.12%	0.09%	0.09%
	PCAR	B	0.07%	0.12%	0.07%
	PCG	A	0.2%	0.09%	0.09%
	PEG	A	0.19%	0.09%	0.09%
	PEP	F	0.63%	0.46%	0.46%
	PFE	D	0.64%	0.3%	0.3%
	PFG	D	0.08%	0.04%	0.04%
	PG	A	1.05%	0.8%	0.8%
	PGR	A	0.33%	0.31%	0.31%
	PH	A	0.09%	0.18%	0.09%
	PKG	A	0.09%	0.04%	0.04%
	PLD	D	0.46%	0.21%	0.21%
	PM	B	0.55%	0.4%	0.4%
	PNC	B	0.36%	0.17%	0.17%
	PNR	A	0.02%	0.04%	0.02%
	PNW	B	0.04%	0.02%	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	B	0.11%	0.05%	0.05%
	PRU	A	0.2%	0.09%	0.09%
	PSA	D	0.13%	0.11%	0.11%
	PSX	C	0.24%	0.11%	0.11%
	PTC	A	0.04%	0.05%	0.04%
	PWR	A	0.06%	0.1%	0.06%
	PYPL	B	0.38%	0.18%	0.18%
	QCOM	F	0.38%	0.37%	0.37%
	QRVO	F	0.03%	0.01%	0.01%
	REG	B	0.05%	0.02%	0.02%
	REGN	F	0.15%	0.17%	0.15%
	RF	A	0.11%	0.05%	0.05%
	RJF	A	0.13%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.15%	0.07%	0.07%
	ROK	B	0.07%	0.07%	0.07%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.15%	0.12%	0.12%
	RSG	A	0.08%	0.09%	0.08%
	RTX	C	0.69%	0.32%	0.32%
	RVTY	F	0.06%	0.03%	0.03%
	SBAC	D	0.06%	0.05%	0.05%
	SBUX	A	0.2%	0.23%	0.2%
	SCHW	B	0.52%	0.24%	0.24%
	SHW	A	0.2%	0.18%	0.18%
	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	D	0.41%	0.19%	0.19%
	SOLV	C	0.04%	0.02%	0.02%
	SPG	B	0.15%	0.11%	0.11%
	SPGI	C	0.4%	0.33%	0.33%
	SRE	A	0.25%	0.12%	0.12%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.03%	0.04%	0.03%
	STT	A	0.12%	0.06%	0.06%
	STX	D	0.05%	0.04%	0.04%
	STZ	D	0.17%	0.08%	0.08%
	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	C	0.21%	0.27%	0.21%
	SYY	B	0.16%	0.07%	0.07%
	T	A	0.7%	0.32%	0.32%
	TAP	C	0.05%	0.02%	0.02%
	TDY	B	0.1%	0.05%	0.05%
	TECH	D	0.05%	0.02%	0.02%
	TER	D	0.08%	0.04%	0.04%
	TFC	A	0.27%	0.13%	0.13%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.31%	0.14%	0.14%
	TJX	A	0.21%	0.27%	0.21%
	TMO	F	0.55%	0.41%	0.41%
	TMUS	B	0.51%	0.24%	0.24%
	TPR	B	0.06%	0.03%	0.03%
	TRMB	B	0.08%	0.04%	0.04%
	TROW	B	0.12%	0.05%	0.05%
	TRV	B	0.26%	0.12%	0.12%
	TSCO	D	0.08%	0.06%	0.06%
	TSN	B	0.08%	0.04%	0.04%
	TT	A	0.13%	0.19%	0.13%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.52%	0.38%	0.38%
	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%	0.04%	0.03%
	UNH	C	1.48%	1.11%	1.11%
	UNP	C	0.34%	0.29%	0.29%
	UPS	C	0.42%	0.2%	0.2%
	USB	A	0.34%	0.16%	0.16%
	V	A	0.77%	1.04%	0.77%
	VICI	C	0.14%	0.07%	0.07%
	VLO	C	0.2%	0.09%	0.09%
	VLTO	D	0.11%	0.05%	0.05%
	VMC	B	0.06%	0.08%	0.06%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	F	0.04%	0.03%	0.03%
	VRTX	F	0.2%	0.25%	0.2%
	VTR	C	0.11%	0.05%	0.05%
	VTRS	A	0.07%	0.03%	0.03%
	VZ	C	0.75%	0.35%	0.35%
	WAB	B	0.15%	0.07%	0.07%
	WAT	B	0.06%	0.04%	0.04%
	WBA	F	0.03%	0.01%	0.01%
	WBD	C	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%	0.5%	0.5%
	WM	A	0.19%	0.16%	0.16%
	WMB	A	0.18%	0.14%	0.14%
	WMT	A	1.6%	0.74%	0.74%
	WRB	A	0.08%	0.04%	0.04%
	WTW	B	0.14%	0.06%	0.06%
	WY	D	0.1%	0.05%	0.05%
	XEL	A	0.17%	0.08%	0.08%
	XOM	B	2.34%	1.08%	1.08%
	XYL	D	0.13%	0.06%	0.06%
	YUM	B	0.09%	0.08%	0.08%
	ZBH	C	0.1%	0.04%	0.04%
	ZBRA	B	0.09%	0.04%	0.04%
	ZTS	D	0.16%	0.16%	0.16%

IUSV Overweight 295 Positions Relative to PBP

	Symbol	Grade	Weight
	TEL	B	0.12%
	ILMN	D	0.1%
	EXE	B	0.09%
	RGA	A	0.07%
	FNF	B	0.07%
	COHR	B	0.07%
	THC	D	0.07%
	USFD	A	0.07%
	DOCU	A	0.07%
	PFGC	B	0.06%
	AFG	A	0.05%
	GME	C	0.05%
	AA	B	0.05%
	FHN	A	0.05%
	BJ	A	0.05%
	RRX	B	0.05%
	COO	D	0.05%
	SF	B	0.05%
	JEF	A	0.05%
	WPC	D	0.05%
	JLL	D	0.05%
	SNV	B	0.04%
	X	C	0.04%
	SSB	B	0.04%
	AVTR	F	0.04%
	SFM	A	0.04%
	OGE	B	0.04%
	MTZ	B	0.04%
	GPK	C	0.04%
	TPL	A	0.04%
	ZION	B	0.04%
	WTFC	A	0.04%
	FLR	B	0.04%
	SNX	C	0.04%
	AR	B	0.04%
	ORI	A	0.04%
	XPO	B	0.04%
	KNX	B	0.04%
	GMED	A	0.04%
	WCC	B	0.04%
	CNH	C	0.04%
	AAL	B	0.04%
	UTHR	C	0.04%
	NLY	C	0.04%
	ALLY	C	0.04%
	LAD	A	0.04%
	WBS	A	0.04%
	UNM	A	0.04%
	ARMK	B	0.04%
	THO	B	0.03%
	JHG	A	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	B	0.03%
	SCI	B	0.03%
	ESNT	D	0.03%
	OHI	C	0.03%
	ARW	D	0.03%
	INGR	B	0.03%
	STWD	C	0.03%
	WHR	B	0.03%
	HR	C	0.03%
	GBCI	B	0.03%
	DAR	C	0.03%
	NOV	C	0.03%
	COLB	A	0.03%
	KD	B	0.03%
	EWBC	A	0.03%
	BIO	D	0.03%
	FAF	A	0.03%
	CACI	D	0.03%
	BURL	A	0.03%
	CMC	B	0.03%
	DINO	D	0.03%
	VNO	B	0.03%
	VMI	B	0.03%
	ONB	B	0.03%
	OSK	B	0.03%
	TMHC	B	0.03%
	R	B	0.03%
	G	B	0.03%
	BERY	B	0.03%
	ADC	B	0.03%
	GLPI	C	0.03%
	FYBR	D	0.03%
	ACM	A	0.03%
	IBKR	A	0.03%
	PB	A	0.03%
	RPM	A	0.03%
	CYTK	F	0.02%
	CNM	D	0.02%
	PII	D	0.02%
	GATX	A	0.02%
	DTM	B	0.02%
	FR	C	0.02%
	XRAY	F	0.02%
	PRGO	B	0.02%
	MIDD	C	0.02%
	ALE	A	0.02%
	MAT	D	0.02%
	ASH	D	0.02%
	IDA	A	0.02%
	CGNX	C	0.02%
	HOG	D	0.02%
	MKSI	C	0.02%
	SR	A	0.02%
	DCI	B	0.02%
	MTG	C	0.02%
	HQY	B	0.02%
	ASB	B	0.02%
	SEIC	B	0.02%
	ASGN	F	0.02%
	KRC	C	0.02%
	TXNM	A	0.02%
	CNO	A	0.02%
	TCBI	B	0.02%
	FLS	B	0.02%
	ORA	B	0.02%
	SAIC	F	0.02%
	OGS	A	0.02%
	SLGN	A	0.02%
	KBR	F	0.02%
	KMPR	B	0.02%
	TTC	D	0.02%
	AN	C	0.02%
	FLO	D	0.02%
	RGLD	C	0.02%
	SBRA	C	0.02%
	KEX	C	0.02%
	M	D	0.02%
	BKH	A	0.02%
	BRBR	A	0.02%
	TKO	B	0.02%
	JAZZ	B	0.02%
	SWX	B	0.02%
	AVNT	B	0.02%
	CUZ	B	0.02%
	IRT	A	0.02%
	LAMR	D	0.02%
	ATR	B	0.02%
	AVT	C	0.02%
	VLY	B	0.02%
	AMH	D	0.02%
	ELS	C	0.02%
	CUBE	D	0.02%
	POR	C	0.02%
	NJR	A	0.02%
	BRX	A	0.02%
	CW	B	0.02%
	NNN	D	0.02%
	SON	D	0.02%
	ST	F	0.02%
	WAL	B	0.02%
	AYI	B	0.02%
	GAP	C	0.02%
	WTRG	B	0.02%
	BDC	B	0.02%
	CBSH	A	0.02%
	VOYA	B	0.02%
	UGI	A	0.02%
	NXST	C	0.02%
	POST	C	0.02%
	CFR	B	0.02%
	UMBF	B	0.02%
	DKS	C	0.02%
	BMRN	D	0.02%
	UBSI	B	0.02%
	NFG	A	0.02%
	CLF	F	0.02%
	LEA	D	0.02%
	EHC	B	0.02%
	PNFP	B	0.02%
	AMG	B	0.02%
	CG	A	0.02%
	REXR	F	0.02%
	FBIN	D	0.02%
	HOMB	A	0.02%
	AGCO	D	0.02%
	CCK	C	0.02%
	UA	C	0.01%
	HGV	B	0.01%
	TNL	A	0.01%
	IPGP	D	0.01%
	YETI	C	0.01%
	CPRI	F	0.01%
	EPR	D	0.01%
	MMS	F	0.01%
	PSN	D	0.01%
	NSP	D	0.01%
	BLKB	B	0.01%
	VC	D	0.01%
	WEN	D	0.01%
	NSA	D	0.01%
	COLM	B	0.01%
	KNF	A	0.01%
	TEX	D	0.01%
	SAM	C	0.01%
	GEF	A	0.01%
	AMED	F	0.01%
	SYNA	C	0.01%
	POWI	D	0.01%
	OPCH	D	0.01%
	LIVN	F	0.01%
	CHH	A	0.01%
	MSM	C	0.01%
	HAE	C	0.01%
	VSH	D	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	F	0.01%
	LANC	C	0.01%
	ROIV	C	0.01%
	CRI	D	0.01%
	CHX	C	0.01%
	CBT	C	0.01%
	PPC	C	0.01%
	ALGM	D	0.01%
	SRPT	D	0.01%
	EEFT	B	0.01%
	CDP	C	0.01%
	ALTM	C	0.01%
	SMG	D	0.01%
	EQH	B	0.01%
	LSTR	D	0.01%
	ZI	D	0.01%
	AM	A	0.01%
	BC	C	0.01%
	JWN	C	0.01%
	IBOC	A	0.01%
	ENS	D	0.01%
	RCM	F	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	D	0.01%
	ENOV	C	0.01%
	RLI	B	0.01%
	OZK	B	0.01%
	GXO	B	0.01%
	CHWY	B	0.01%
	GT	C	0.01%
	WU	D	0.01%
	WH	B	0.01%
	MASI	A	0.01%
	MUR	D	0.01%
	SIGI	C	0.01%
	RH	B	0.01%
	MTSI	B	0.01%
	CXT	B	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	D	0.01%
	PCH	D	0.01%
	VAC	B	0.01%
	MAN	D	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	C	0.01%
	EXLS	B	0.01%
	AZPN	A	0.01%
	EGP	F	0.01%
	DOCS	C	0.01%
	FLG	C	0.01%
	STAG	F	0.01%
	BHF	B	0.01%
	AMTM	D	0.01%
	CHE	D	0.01%
	NWE	B	0.01%
	NVST	B	0.01%
	FHI	A	0.01%
	MAGN	F	0.0%
	AZTA	D	0.0%
	WMG	C	0.0%

IUSV Underweight 66 Positions Relative to PBP

	Symbol	Grade	Weight
	NVDA	C	-7.29%
	AAPL	C	-7.01%
	MSFT	F	-6.41%
	AMZN	C	-3.99%
	META	D	-2.55%
	GOOGL	C	-2.08%
	TSLA	B	-1.75%
	GOOG	C	-1.72%
	AVGO	D	-1.6%
	LLY	F	-1.25%
	NFLX	A	-0.73%
	CRM	B	-0.65%
	ORCL	B	-0.6%
	ADBE	C	-0.47%
	AMD	F	-0.45%
	NOW	A	-0.43%
	INTU	C	-0.4%
	BKNG	A	-0.34%
	AMAT	F	-0.31%
	UBER	D	-0.3%
	PANW	C	-0.26%
	PLTR	B	-0.24%
	KKR	A	-0.21%
	LRCX	F	-0.2%
	ANET	C	-0.2%
	KLAC	D	-0.18%
	CMG	B	-0.17%
	CDNS	B	-0.17%
	SNPS	B	-0.17%
	CRWD	B	-0.16%
	TDG	D	-0.14%
	MAR	B	-0.13%
	URI	B	-0.12%
	FICO	B	-0.12%
	FTNT	C	-0.12%
	HLT	A	-0.12%
	RCL	A	-0.11%
	ROST	C	-0.1%
	VST	B	-0.1%
	DHI	D	-0.1%
	CPRT	A	-0.1%
	ODFL	B	-0.09%
	AXON	A	-0.09%
	ACGL	D	-0.08%
	LULU	C	-0.08%
	HES	B	-0.08%
	IT	C	-0.08%
	TRGP	B	-0.08%
	FANG	D	-0.07%
	MPWR	F	-0.06%
	NVR	D	-0.06%
	EXPE	B	-0.05%
	WST	C	-0.05%
	CPAY	A	-0.05%
	GDDY	A	-0.05%
	FTV	C	-0.05%
	TYL	B	-0.05%
	PHM	D	-0.05%
	DECK	A	-0.05%
	LYV	A	-0.04%
	BLDR	D	-0.04%
	CE	F	-0.02%
	APA	D	-0.02%
	WYNN	D	-0.02%
	SMCI	F	-0.02%
	NCLH	B	-0.02%

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

PBP: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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