IUSV vs. SPDG ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)

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

$96.81

Average Daily Volume

516,597

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

SPDG

SPDR Portfolio S&P Sector Neutral Dividend ETF

SPDG Description

SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in dividend paying stocks of companies. It seeks to track the performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index, by using representative sampling technique. SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.84

Average Daily Volume

1,496

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	SPDG
30 Days	-0.45%	-2.34%
60 Days	2.56%	1.34%
90 Days	5.01%	4.84%
12 Months	24.77%	27.95%

218 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in SPDG	Overlap
	ABBV	F	0.83%	1.29%	0.83%
	ABT	A	0.87%	0.81%	0.81%
	ACN	C	0.46%	2.6%	0.46%
	ADC	A	0.03%	0.08%	0.03%
	ADI	D	0.19%	1.3%	0.19%
	ADP	B	0.33%	0.51%	0.33%
	AEP	C	0.22%	0.26%	0.22%
	ALE	A	0.02%	0.02%	0.02%
	ALLE	D	0.03%	0.05%	0.03%
	ALLY	C	0.04%	0.11%	0.04%
	AMCR	D	0.06%	0.13%	0.06%
	AMGN	D	0.7%	0.68%	0.68%
	AOS	F	0.01%	0.04%	0.01%
	APD	A	0.31%	0.55%	0.31%
	ASB	B	0.02%	0.04%	0.02%
	ASH	F	0.02%	0.03%	0.02%
	AVNT	B	0.02%	0.04%	0.02%
	AVT	C	0.02%	0.06%	0.02%
	AVY	D	0.07%	0.15%	0.07%
	BAX	F	0.07%	0.07%	0.07%
	BBY	D	0.08%	0.19%	0.08%
	BDX	F	0.29%	0.28%	0.28%
	BEN	C	0.03%	0.07%	0.03%
	BK	B	0.25%	0.57%	0.25%
	BKH	A	0.02%	0.02%	0.02%
	BMY	A	0.52%	0.48%	0.48%
	BR	B	0.05%	0.11%	0.05%
	BXP	D	0.05%	0.12%	0.05%
	C	B	0.57%	1.38%	0.57%
	CADE	B	0.01%	0.07%	0.01%
	CAG	F	0.06%	0.07%	0.06%
	CAH	B	0.13%	0.12%	0.12%
	CAT	C	0.34%	0.82%	0.34%
	CBT	C	0.01%	0.05%	0.01%
	CC	D	0.01%	0.03%	0.01%
	CCI	C	0.2%	0.52%	0.2%
	CDP	C	0.01%	0.04%	0.01%
	CF	A	0.03%	0.13%	0.03%
	CFG	B	0.09%	0.22%	0.09%
	CFR	B	0.02%	0.08%	0.02%
	CHRW	B	0.06%	0.06%	0.06%
	CI	D	0.4%	0.43%	0.4%
	CINF	A	0.1%	0.24%	0.1%
	CLX	A	0.09%	0.1%	0.09%
	CMI	A	0.22%	0.2%	0.2%
	COLB	B	0.03%	0.06%	0.03%
	CPB	D	0.04%	0.04%	0.04%
	CSCO	B	1.02%	2.67%	1.02%
	CUBE	C	0.02%	0.13%	0.02%
	CVS	F	0.3%	0.31%	0.3%
	CVX	A	1.2%	0.89%	0.89%
	DCI	B	0.02%	0.04%	0.02%
	DE	C	0.19%	0.43%	0.19%
	DGX	A	0.08%	0.07%	0.07%
	DKS	D	0.02%	0.12%	0.02%
	DLB	F	0.01%	0.06%	0.01%
	DOV	B	0.12%	0.12%	0.12%
	DTM	A	0.02%	0.03%	0.02%
	DUK	C	0.37%	0.42%	0.37%
	EIX	C	0.14%	0.16%	0.14%
	EMN	D	0.05%	0.1%	0.05%
	EMR	A	0.32%	0.32%	0.32%
	EQR	C	0.11%	0.27%	0.11%
	ES	C	0.1%	0.11%	0.1%
	ETN	B	0.24%	0.6%	0.24%
	ETR	A	0.14%	0.15%	0.14%
	EVRG	A	0.06%	0.07%	0.06%
	EXC	C	0.17%	0.19%	0.17%
	FAF	C	0.03%	0.07%	0.03%
	FAST	B	0.1%	0.19%	0.1%
	FDX	B	0.29%	0.28%	0.28%
	FE	C	0.09%	0.11%	0.09%
	FHI	B	0.01%	0.03%	0.01%
	FHN	A	0.05%	0.1%	0.05%
	FITB	B	0.14%	0.33%	0.14%
	FLO	D	0.02%	0.02%	0.02%
	FLS	A	0.02%	0.03%	0.02%
	FMC	D	0.03%	0.06%	0.03%
	FNB	B	0.03%	0.06%	0.03%
	FNF	A	0.07%	0.17%	0.07%
	FRT	B	0.04%	0.09%	0.04%
	GATX	B	0.02%	0.02%	0.02%
	GBCI	B	0.03%	0.07%	0.03%
	GD	D	0.33%	0.34%	0.33%
	GILD	C	0.5%	0.46%	0.46%
	GIS	F	0.16%	0.19%	0.16%
	GLW	B	0.16%	0.43%	0.16%
	GPC	F	0.08%	0.21%	0.08%
	GPK	D	0.04%	0.07%	0.04%
	GRMN	B	0.07%	0.35%	0.07%
	GS	B	0.81%	1.86%	0.81%
	HAS	D	0.04%	0.09%	0.04%
	HBAN	B	0.11%	0.26%	0.11%
	HD	A	1.11%	4.02%	1.11%
	HII	F	0.03%	0.04%	0.03%
	HON	B	0.66%	0.65%	0.65%
	HPE	B	0.12%	0.35%	0.12%
	HPQ	B	0.16%	0.42%	0.16%
	HRL	D	0.04%	0.04%	0.04%
	HUBB	B	0.06%	0.1%	0.06%
	IBM	C	0.84%	2.33%	0.84%
	INGR	B	0.03%	0.04%	0.03%
	IPG	F	0.05%	0.45%	0.05%
	ITW	B	0.17%	0.32%	0.17%
	JEF	A	0.05%	0.12%	0.05%
	JHG	B	0.03%	0.06%	0.03%
	JNJ	D	1.6%	1.5%	1.5%
	JNPR	D	0.06%	0.15%	0.06%
	K	B	0.09%	0.11%	0.09%
	KEY	B	0.08%	0.18%	0.08%
	KMB	C	0.19%	0.23%	0.19%
	KMI	A	0.23%	0.17%	0.17%
	KO	D	0.65%	1.28%	0.65%
	KRC	C	0.02%	0.04%	0.02%
	KVUE	A	0.2%	0.22%	0.2%
	LDOS	C	0.1%	0.11%	0.1%
	LHX	B	0.21%	0.2%	0.2%
	LMT	D	0.5%	0.54%	0.5%
	LOW	C	0.67%	1.54%	0.67%
	LYB	F	0.09%	0.2%	0.09%
	MAA	A	0.08%	0.21%	0.08%
	MAN	F	0.01%	0.01%	0.01%
	MAS	D	0.03%	0.07%	0.03%
	MCD	D	0.52%	2.16%	0.52%
	MCHP	F	0.06%	0.45%	0.06%
	MDT	D	0.48%	0.46%	0.46%
	MET	A	0.21%	0.5%	0.21%
	MMS	D	0.01%	0.02%	0.01%
	MO	A	0.41%	0.46%	0.41%
	MRK	F	0.65%	1.1%	0.65%
	MS	A	0.72%	1.52%	0.72%
	MSM	D	0.01%	0.02%	0.01%
	MTB	A	0.16%	0.34%	0.16%
	NFG	A	0.02%	0.03%	0.02%
	NNN	C	0.02%	0.09%	0.02%
	NOC	D	0.3%	0.31%	0.3%
	NSA	C	0.01%	0.04%	0.01%
	NSC	B	0.26%	0.26%	0.26%
	NSP	F	0.01%	0.01%	0.01%
	NTAP	C	0.07%	0.3%	0.07%
	NTRS	A	0.09%	0.21%	0.09%
	NWE	C	0.01%	0.02%	0.01%
	NXST	C	0.02%	0.2%	0.02%
	O	C	0.21%	0.55%	0.21%
	OGE	A	0.04%	0.04%	0.04%
	OGS	A	0.02%	0.02%	0.02%
	OHI	B	0.03%	0.11%	0.03%
	OKE	A	0.1%	0.21%	0.1%
	ONB	B	0.03%	0.07%	0.03%
	ORI	A	0.04%	0.1%	0.04%
	OSK	C	0.03%	0.03%	0.03%
	OZK	B	0.01%	0.05%	0.01%
	PAYX	B	0.12%	0.19%	0.12%
	PB	A	0.03%	0.08%	0.03%
	PEP	F	0.63%	1.09%	0.63%
	PFE	F	0.64%	0.62%	0.62%
	PFG	C	0.08%	0.19%	0.08%
	PH	B	0.09%	0.39%	0.09%
	PII	F	0.02%	0.04%	0.02%
	PKG	B	0.09%	0.17%	0.09%
	PM	A	0.55%	0.86%	0.55%
	PNC	B	0.36%	0.87%	0.36%
	PNW	B	0.04%	0.05%	0.04%
	POR	C	0.02%	0.02%	0.02%
	PPG	F	0.13%	0.25%	0.13%
	PRGO	C	0.02%	0.01%	0.01%
	PRU	B	0.2%	0.46%	0.2%
	PSX	C	0.24%	0.19%	0.19%
	QCOM	F	0.38%	2.18%	0.38%
	R	B	0.03%	0.03%	0.03%
	RF	A	0.11%	0.25%	0.11%
	ROK	B	0.07%	0.14%	0.07%
	RPM	B	0.03%	0.14%	0.03%
	RSG	A	0.08%	0.18%	0.08%
	SBUX	A	0.2%	1.12%	0.2%
	SJM	D	0.05%	0.06%	0.05%
	SLGN	A	0.02%	0.04%	0.02%
	SMG	C	0.01%	0.02%	0.01%
	SNA	B	0.05%	0.07%	0.05%
	SNV	B	0.04%	0.08%	0.04%
	SO	C	0.41%	0.46%	0.41%
	SON	F	0.02%	0.04%	0.02%
	SR	A	0.02%	0.02%	0.02%
	STT	B	0.12%	0.29%	0.12%
	STWD	C	0.03%	0.07%	0.03%
	STX	D	0.05%	0.26%	0.05%
	SWK	F	0.06%	0.06%	0.06%
	SWKS	F	0.06%	0.17%	0.06%
	SWX	A	0.02%	0.02%	0.02%
	SYY	D	0.16%	0.2%	0.16%
	TFC	A	0.27%	0.65%	0.27%
	TGT	B	0.31%	0.37%	0.31%
	TKR	F	0.01%	0.02%	0.01%
	TROW	B	0.12%	0.27%	0.12%
	TSCO	D	0.08%	0.31%	0.08%
	TSN	B	0.08%	0.09%	0.08%
	TTC	F	0.02%	0.04%	0.02%
	TXN	C	0.52%	2.3%	0.52%
	UBSI	B	0.02%	0.06%	0.02%
	UDR	C	0.06%	0.15%	0.06%
	UGI	C	0.02%	0.03%	0.02%
	UNH	C	1.48%	2.43%	1.48%
	UNM	A	0.04%	0.12%	0.04%
	UNP	D	0.34%	0.67%	0.34%
	UPS	C	0.42%	0.4%	0.4%
	USB	B	0.34%	0.79%	0.34%
	VLO	C	0.2%	0.16%	0.16%
	VLY	B	0.02%	0.04%	0.02%
	VSH	F	0.01%	0.02%	0.01%
	VZ	C	0.75%	7.13%	0.75%
	WBS	A	0.04%	0.1%	0.04%
	WEC	A	0.13%	0.15%	0.13%
	WHR	B	0.03%	0.06%	0.03%
	WM	B	0.19%	0.35%	0.19%
	WU	F	0.01%	0.04%	0.01%
	XOM	B	2.34%	1.82%	1.82%
	XRAY	D	0.02%	0.01%	0.01%
	ZION	B	0.04%	0.08%	0.04%

IUSV Overweight 510 Positions Relative to SPDG

	Symbol	Grade	Weight
	BRK.A	B	3.74%
	JPM	A	3.01%
	WMT	A	1.6%
	BAC	A	1.35%
	WFC	A	1.08%
	PG	C	1.05%
	COST	A	1.04%
	DIS	B	0.87%
	V	A	0.77%
	CMCSA	B	0.73%
	T	A	0.7%
	RTX	D	0.69%
	NEE	C	0.68%
	DHR	D	0.67%
	BLK	B	0.64%
	TMO	F	0.55%
	MA	B	0.53%
	SCHW	A	0.52%
	TMUS	B	0.51%
	MU	D	0.48%
	GE	D	0.48%
	INTC	C	0.47%
	CB	C	0.47%
	LIN	D	0.46%
	PLD	D	0.46%
	ELV	F	0.41%
	SPGI	D	0.4%
	ICE	C	0.39%
	PYPL	B	0.38%
	MCK	A	0.35%
	WELL	A	0.34%
	PGR	B	0.33%
	MMM	D	0.32%
	COF	B	0.31%
	GM	B	0.28%
	ISRG	A	0.28%
	SLB	C	0.27%
	TRV	A	0.26%
	FI	A	0.26%
	BA	D	0.25%
	JCI	B	0.25%
	SRE	A	0.25%
	BSX	A	0.25%
	AFL	C	0.24%
	ALL	A	0.23%
	NKE	F	0.23%
	MMC	D	0.23%
	AMT	D	0.23%
	MDLZ	F	0.22%
	GEV	A	0.22%
	CME	A	0.22%
	D	C	0.21%
	SYK	A	0.21%
	TJX	A	0.21%
	FIS	C	0.21%
	AXP	B	0.21%
	AIG	C	0.21%
	PCG	A	0.2%
	VRTX	D	0.2%
	SHW	C	0.2%
	EQIX	A	0.2%
	CL	D	0.2%
	NEM	D	0.2%
	COR	B	0.19%
	BKR	B	0.19%
	F	C	0.19%
	PEG	C	0.19%
	COP	B	0.18%
	WMB	A	0.18%
	GEHC	D	0.17%
	STZ	D	0.17%
	A	F	0.17%
	APH	B	0.17%
	XEL	A	0.17%
	CEG	C	0.17%
	KR	B	0.17%
	CTVA	C	0.17%
	CBRE	B	0.17%
	MCO	D	0.17%
	CTSH	C	0.17%
	AON	B	0.17%
	ZTS	D	0.16%
	BX	A	0.16%
	KDP	D	0.16%
	REGN	F	0.15%
	HCA	F	0.15%
	CTAS	B	0.15%
	HUM	D	0.15%
	RMD	C	0.15%
	OXY	F	0.15%
	HIG	B	0.15%
	SPG	A	0.15%
	WAB	B	0.15%
	CSX	C	0.15%
	ROP	C	0.15%
	MSI	B	0.15%
	EXR	C	0.15%
	DD	D	0.15%
	FCX	F	0.14%
	DOW	F	0.14%
	AJG	B	0.14%
	ADSK	B	0.14%
	WTW	B	0.14%
	DLR	A	0.14%
	NDAQ	A	0.14%
	AVB	B	0.14%
	CARR	D	0.14%
	VICI	C	0.14%
	ED	C	0.14%
	TT	A	0.13%
	XYL	D	0.13%
	ABNB	D	0.13%
	GPN	C	0.13%
	RJF	A	0.13%
	UAL	A	0.13%
	PSA	C	0.13%
	EBAY	D	0.13%
	ECL	D	0.13%
	CNC	F	0.13%
	HAL	C	0.12%
	KEYS	C	0.12%
	KHC	F	0.12%
	TEL	C	0.12%
	BIIB	F	0.11%
	OTIS	C	0.11%
	PPL	A	0.11%
	DVN	F	0.11%
	DTE	C	0.11%
	SW	A	0.11%
	ADM	D	0.11%
	EW	C	0.11%
	VLTO	C	0.11%
	EQT	A	0.11%
	AWK	C	0.11%
	SYF	B	0.11%
	AMP	A	0.11%
	EOG	A	0.11%
	VTR	B	0.11%
	WBD	B	0.1%
	ZBH	C	0.1%
	EA	A	0.1%
	TDY	B	0.1%
	ATO	A	0.1%
	WY	D	0.1%
	ILMN	C	0.1%
	IFF	D	0.1%
	AME	A	0.1%
	MPC	D	0.1%
	AEE	A	0.1%
	HWM	A	0.09%
	EXE	A	0.09%
	CNP	A	0.09%
	EFX	F	0.09%
	IP	A	0.09%
	DFS	B	0.09%
	CMS	C	0.09%
	LH	B	0.09%
	ZBRA	B	0.09%
	OMC	C	0.09%
	MSCI	B	0.09%
	WDC	F	0.09%
	CHTR	B	0.09%
	YUM	D	0.09%
	FSLR	F	0.09%
	IQV	F	0.09%
	TRMB	B	0.08%
	TER	F	0.08%
	IEX	B	0.08%
	CSGP	F	0.08%
	J	D	0.08%
	HOLX	D	0.08%
	WRB	B	0.08%
	LEN	D	0.08%
	DELL	B	0.08%
	VRSK	B	0.08%
	DAL	A	0.08%
	NRG	B	0.08%
	BALL	D	0.08%
	MKC	D	0.08%
	INVH	D	0.08%
	ORLY	B	0.08%
	ESS	A	0.08%
	LUV	B	0.08%
	DOC	D	0.07%
	VTRS	A	0.07%
	EL	F	0.07%
	L	A	0.07%
	RGA	B	0.07%
	LNT	A	0.07%
	IDXX	F	0.07%
	COHR	B	0.07%
	THC	C	0.07%
	EG	D	0.07%
	MNST	C	0.07%
	ON	F	0.07%
	PCAR	C	0.07%
	MTD	F	0.07%
	TXT	D	0.07%
	USFD	A	0.07%
	NI	A	0.07%
	GEN	B	0.07%
	HSY	F	0.07%
	IRM	C	0.07%
	DOCU	B	0.07%
	AZO	C	0.07%
	KIM	A	0.07%
	ARE	F	0.07%
	DG	F	0.07%
	JKHY	D	0.06%
	CPT	C	0.06%
	NUE	D	0.06%
	ANSS	B	0.06%
	GWW	B	0.06%
	DLTR	F	0.06%
	MRNA	F	0.06%
	VMC	B	0.06%
	TPR	B	0.06%
	PFGC	B	0.06%
	CDW	F	0.06%
	NDSN	D	0.06%
	SBAC	D	0.06%
	FFIV	B	0.06%
	NXPI	F	0.06%
	WAT	C	0.06%
	RVTY	D	0.06%
	CHD	A	0.06%
	APTV	F	0.06%
	PWR	A	0.06%
	JBHT	C	0.06%
	TTWO	A	0.06%
	AFG	A	0.05%
	GME	C	0.05%
	AA	A	0.05%
	FOXA	B	0.05%
	EXPD	D	0.05%
	CTLT	D	0.05%
	NWSA	B	0.05%
	TAP	B	0.05%
	AIZ	A	0.05%
	TECH	F	0.05%
	PODD	B	0.05%
	BJ	B	0.05%
	DXCM	C	0.05%
	RRX	B	0.05%
	COO	D	0.05%
	SF	B	0.05%
	UHS	D	0.05%
	REG	A	0.05%
	WPC	C	0.05%
	ALB	B	0.05%
	MLM	B	0.05%
	KMX	C	0.05%
	INCY	C	0.05%
	JLL	D	0.05%
	BG	D	0.05%
	VRSN	F	0.04%
	MTCH	F	0.04%
	X	C	0.04%
	SSB	B	0.04%
	AVTR	F	0.04%
	EPAM	C	0.04%
	SFM	A	0.04%
	HSIC	C	0.04%
	MOS	D	0.04%
	MTZ	A	0.04%
	TPL	A	0.04%
	WTFC	B	0.04%
	FLR	B	0.04%
	SNX	D	0.04%
	AR	B	0.04%
	TFX	F	0.04%
	XPO	B	0.04%
	DPZ	C	0.04%
	KNX	B	0.04%
	GMED	A	0.04%
	PTC	B	0.04%
	WCC	B	0.04%
	CNH	C	0.04%
	AAL	B	0.04%
	UTHR	C	0.04%
	SOLV	F	0.04%
	STE	D	0.04%
	IR	B	0.04%
	DRI	C	0.04%
	NLY	C	0.04%
	GL	C	0.04%
	AES	F	0.04%
	LAD	B	0.04%
	FDS	B	0.04%
	MKTX	D	0.04%
	CRL	D	0.04%
	ARMK	C	0.04%
	LKQ	F	0.04%
	BRO	B	0.03%
	THO	C	0.03%
	FOX	A	0.03%
	KRG	A	0.03%
	THG	A	0.03%
	PVH	C	0.03%
	LITE	B	0.03%
	POOL	D	0.03%
	RNR	C	0.03%
	CIEN	B	0.03%
	SCI	A	0.03%
	ESNT	D	0.03%
	ULTA	F	0.03%
	ARW	F	0.03%
	QRVO	F	0.03%
	PAYC	B	0.03%
	WBA	F	0.03%
	HR	C	0.03%
	CTRA	B	0.03%
	DAR	B	0.03%
	NOV	D	0.03%
	KD	A	0.03%
	LVS	B	0.03%
	EWBC	A	0.03%
	BIO	C	0.03%
	JBL	C	0.03%
	PARA	D	0.03%
	CACI	C	0.03%
	BURL	A	0.03%
	CMC	B	0.03%
	DINO	D	0.03%
	VNO	C	0.03%
	VMI	B	0.03%
	CCL	A	0.03%
	ALGN	D	0.03%
	AKAM	F	0.03%
	STLD	B	0.03%
	TMHC	B	0.03%
	MHK	D	0.03%
	MOH	F	0.03%
	G	B	0.03%
	BERY	D	0.03%
	CBOE	C	0.03%
	GLPI	C	0.03%
	MRO	A	0.03%
	FYBR	C	0.03%
	ACM	B	0.03%
	BWA	D	0.03%
	IBKR	A	0.03%
	IVZ	C	0.03%
	ROL	B	0.03%
	CYTK	D	0.02%
	CNM	C	0.02%
	CZR	F	0.02%
	FR	C	0.02%
	NWS	A	0.02%
	MIDD	D	0.02%
	MAT	D	0.02%
	RL	C	0.02%
	IDA	A	0.02%
	CGNX	D	0.02%
	HOG	F	0.02%
	MKSI	C	0.02%
	LW	C	0.02%
	MTG	D	0.02%
	HQY	A	0.02%
	SEIC	B	0.02%
	ASGN	F	0.02%
	TXNM	A	0.02%
	CNO	B	0.02%
	TCBI	B	0.02%
	ORA	B	0.02%
	ERIE	F	0.02%
	SAIC	F	0.02%
	KBR	F	0.02%
	KMPR	A	0.02%
	AN	D	0.02%
	RGLD	C	0.02%
	SBRA	B	0.02%
	KEX	B	0.02%
	M	D	0.02%
	GNRC	B	0.02%
	BRBR	A	0.02%
	TKO	A	0.02%
	JAZZ	C	0.02%
	CUZ	B	0.02%
	IRT	A	0.02%
	LAMR	D	0.02%
	ATR	B	0.02%
	AMH	C	0.02%
	ELS	B	0.02%
	NJR	A	0.02%
	BRX	A	0.02%
	CW	B	0.02%
	HST	D	0.02%
	ST	F	0.02%
	WAL	B	0.02%
	AYI	B	0.02%
	GAP	D	0.02%
	WTRG	B	0.02%
	BDC	B	0.02%
	CBSH	A	0.02%
	VOYA	B	0.02%
	POST	C	0.02%
	DAY	B	0.02%
	UMBF	B	0.02%
	ENPH	F	0.02%
	PNR	B	0.02%
	BMRN	F	0.02%
	CLF	F	0.02%
	LEA	F	0.02%
	EHC	B	0.02%
	PNFP	B	0.02%
	AMG	C	0.02%
	CG	B	0.02%
	REXR	F	0.02%
	FBIN	F	0.02%
	HOMB	A	0.02%
	AGCO	F	0.02%
	CCK	D	0.02%
	UA	C	0.01%
	HGV	C	0.01%
	TNL	B	0.01%
	IPGP	D	0.01%
	YETI	D	0.01%
	CPRI	F	0.01%
	EPR	D	0.01%
	PSN	C	0.01%
	BLKB	B	0.01%
	VC	F	0.01%
	WEN	C	0.01%
	COLM	B	0.01%
	KNF	B	0.01%
	TEX	D	0.01%
	SAM	C	0.01%
	GEF	B	0.01%
	AMED	F	0.01%
	SYNA	D	0.01%
	POWI	D	0.01%
	OPCH	F	0.01%
	LIVN	D	0.01%
	CHH	A	0.01%
	HAE	C	0.01%
	IRDM	F	0.01%
	UAA	C	0.01%
	CNXC	F	0.01%
	VNOM	A	0.01%
	LFUS	D	0.01%
	LANC	D	0.01%
	ROIV	D	0.01%
	CRI	F	0.01%
	CHX	C	0.01%
	PPC	B	0.01%
	ALGM	F	0.01%
	SRPT	F	0.01%
	EEFT	C	0.01%
	ALTM	C	0.01%
	EQH	B	0.01%
	LSTR	D	0.01%
	ZI	D	0.01%
	AM	A	0.01%
	BC	D	0.01%
	JWN	C	0.01%
	IBOC	B	0.01%
	ENS	D	0.01%
	RCM	A	0.01%
	MTN	C	0.01%
	CRUS	F	0.01%
	EXPO	D	0.01%
	BRKR	F	0.01%
	HWC	B	0.01%
	RYN	D	0.01%
	NOVT	D	0.01%
	LPX	B	0.01%
	GNTX	F	0.01%
	HXL	F	0.01%
	ENOV	C	0.01%
	RLI	A	0.01%
	GXO	B	0.01%
	CHWY	B	0.01%
	GT	C	0.01%
	WH	B	0.01%
	MASI	B	0.01%
	MUR	F	0.01%
	SIGI	B	0.01%
	RH	D	0.01%
	MGM	D	0.01%
	MTSI	B	0.01%
	CXT	C	0.01%
	KBH	D	0.01%
	NEOG	D	0.01%
	ALV	C	0.01%
	AMKR	F	0.01%
	OLN	F	0.01%
	PCH	D	0.01%
	VAC	C	0.01%
	PBF	D	0.01%
	CVLT	B	0.01%
	SLM	B	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	F	0.01%
	CHE	F	0.01%
	NVST	C	0.01%
	MAGN	F	0.0%
	AZTA	F	0.0%
	WMG	C	0.0%

IUSV Underweight 52 Positions Relative to SPDG

	Symbol	Grade	Weight
	AVGO	C	-9.79%
	ORCL	A	-3.51%
	CCOI	B	-0.12%
	WSO	A	-0.09%
	HRB	D	-0.09%
	CMA	B	-0.09%
	OC	A	-0.07%
	CE	F	-0.07%
	RDN	D	-0.06%
	LNC	B	-0.06%
	LECO	C	-0.05%
	CTRE	C	-0.05%
	IDCC	B	-0.05%
	NVT	C	-0.05%
	HIW	D	-0.04%
	FHB	B	-0.04%
	CATY	B	-0.04%
	CBU	B	-0.04%
	AUB	B	-0.04%
	FULT	B	-0.04%
	UCB	A	-0.04%
	SEE	D	-0.04%
	CVBF	B	-0.03%
	LCII	D	-0.03%
	FCPT	C	-0.03%
	SXT	C	-0.03%
	FFBC	B	-0.03%
	SFNC	B	-0.03%
	ABR	B	-0.03%
	INDB	B	-0.03%
	BOH	B	-0.03%
	BKU	A	-0.03%
	WAFD	B	-0.03%
	RHI	C	-0.03%
	NEU	D	-0.03%
	HASI	F	-0.03%
	KFY	B	-0.02%
	OGN	F	-0.02%
	PZZA	F	-0.02%
	TRMK	B	-0.02%
	BANR	B	-0.02%
	PDCO	F	-0.01%
	HI	C	-0.01%
	KMT	C	-0.01%
	B	A	-0.01%
	ENR	B	-0.01%
	WERN	B	-0.01%
	TRN	A	-0.01%
	NAVI	F	-0.01%
	AVA	C	-0.01%
	ABM	B	-0.01%
	BRC	C	-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

SPDG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Asset Management Packaged Foods Specialty Chemicals Drug Manufacturers - Major Semiconductors Packaging & Containers Tools & Accessories Utilities - Diversified Business Services Insurance - Life Aerospace & Defense Chemicals Communication Equipment Electronic Components REIT - Diversified REIT - Office REIT - Retail

Keywords: S&P 500 Bank Banking Natural Gas Deposit Products Chemical Commercial Banking Mining Electricity Insurance Nasdaq 100 Real Estate Investment Trust Real Estate Loans Investment Bank Investment Management Beverage Cash Management Dow Jones Component Electronics Financial Products