IUSV vs. SPXT ETF Comparison

Comparison of iShares Core U.S. Vaue ETF (IUSV) to ProShares S&P 500 Ex-Technology ETF (SPXT)

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

$97.55

Average Daily Volume

521,091

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

SPXT

ProShares S&P 500 Ex-Technology ETF

SPXT Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Information Technology & Telecommunication Services Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Information Technology and the Telecommunication Services Sectors (collectively, the "Technology Sector").

Grade (RS Rating)

Last Trade

$94.03

Average Daily Volume

3,880

Number of Holdings ^*

430

* may have additional holdings in another (foreign) market

Performance

Period	IUSV	SPXT
30 Days	1.50%	3.10%
60 Days	4.44%	6.06%
90 Days	8.18%	10.02%
12 Months	30.56%	33.90%

390 Overlapping Holdings

	Symbol	Grade	Weight in IUSV	Weight in SPXT	Overlap
	A	F	0.18%	0.12%	0.12%
	ABBV	D	0.97%	1.03%	0.97%
	ABNB	C	0.14%	0.19%	0.14%
	ABT	B	0.87%	0.59%	0.59%
	ADM	F	0.11%	0.07%	0.07%
	ADP	A	0.33%	0.36%	0.33%
	AEE	A	0.1%	0.07%	0.07%
	AEP	D	0.22%	0.15%	0.15%
	AES	F	0.04%	0.03%	0.03%
	AFL	C	0.24%	0.16%	0.16%
	AIG	C	0.21%	0.14%	0.14%
	AIZ	A	0.05%	0.03%	0.03%
	AJG	B	0.14%	0.19%	0.14%
	ALB	C	0.05%	0.03%	0.03%
	ALGN	D	0.03%	0.04%	0.03%
	ALL	A	0.22%	0.15%	0.15%
	ALLE	D	0.03%	0.04%	0.03%
	AMCR	D	0.06%	0.04%	0.04%
	AME	A	0.1%	0.13%	0.1%
	AMGN	F	0.75%	0.51%	0.51%
	AMP	A	0.11%	0.16%	0.11%
	AMT	F	0.24%	0.27%	0.24%
	AON	A	0.18%	0.24%	0.18%
	AOS	F	0.02%	0.03%	0.02%
	APD	B	0.3%	0.2%	0.2%
	APTV	F	0.06%	0.04%	0.04%
	ARE	F	0.08%	0.05%	0.05%
	ATO	A	0.1%	0.06%	0.06%
	AVB	B	0.14%	0.09%	0.09%
	AVY	F	0.07%	0.05%	0.05%
	AWK	D	0.11%	0.08%	0.08%
	AXP	B	0.21%	0.47%	0.21%
	AZO	C	0.07%	0.15%	0.07%
	BA	F	0.27%	0.32%	0.27%
	BAC	A	1.32%	0.88%	0.88%
	BALL	D	0.08%	0.05%	0.05%
	BAX	F	0.08%	0.05%	0.05%
	BBY	D	0.08%	0.05%	0.05%
	BDX	D	0.29%	0.19%	0.19%
	BEN	C	0.03%	0.02%	0.02%
	BG	D	0.05%	0.04%	0.04%
	BIIB	F	0.11%	0.07%	0.07%
	BK	B	0.25%	0.17%	0.17%
	BKR	B	0.19%	0.13%	0.13%
	BMY	B	0.48%	0.32%	0.32%
	BR	A	0.05%	0.07%	0.05%
	BRK.A	C	3.67%	2.46%	2.46%
	BRO	A	0.03%	0.08%	0.03%
	BSX	A	0.25%	0.37%	0.25%
	BWA	B	0.03%	0.02%	0.02%
	BX	B	0.16%	0.37%	0.16%
	BXP	D	0.05%	0.04%	0.04%
	C	B	0.57%	0.38%	0.38%
	CAG	F	0.06%	0.04%	0.04%
	CAH	B	0.13%	0.08%	0.08%
	CARR	D	0.14%	0.18%	0.14%
	CAT	B	0.36%	0.58%	0.36%
	CB	D	0.46%	0.3%	0.3%
	CBOE	D	0.03%	0.06%	0.03%
	CBRE	B	0.17%	0.12%	0.12%
	CCI	F	0.2%	0.13%	0.13%
	CCL	A	0.03%	0.07%	0.03%
	CEG	D	0.18%	0.22%	0.18%
	CF	B	0.03%	0.04%	0.03%
	CFG	B	0.09%	0.06%	0.06%
	CHD	B	0.06%	0.07%	0.06%
	CHRW	B	0.06%	0.04%	0.04%
	CHTR	B	0.09%	0.11%	0.09%
	CI	D	0.39%	0.26%	0.26%
	CINF	A	0.1%	0.07%	0.07%
	CL	F	0.2%	0.22%	0.2%
	CLX	B	0.09%	0.06%	0.06%
	CMCSA	B	0.74%	0.5%	0.5%
	CME	B	0.22%	0.23%	0.22%
	CMI	B	0.21%	0.14%	0.14%
	CMS	D	0.09%	0.06%	0.06%
	CNC	F	0.14%	0.1%	0.1%
	CNP	B	0.08%	0.06%	0.06%
	COF	B	0.31%	0.21%	0.21%
	COP	C	0.18%	0.38%	0.18%
	COR	A	0.19%	0.13%	0.13%
	COST	B	1.02%	1.18%	1.02%
	CPB	F	0.04%	0.03%	0.03%
	CPT	C	0.05%	0.04%	0.04%
	CRL	C	0.05%	0.03%	0.03%
	CSGP	D	0.08%	0.09%	0.08%
	CSX	B	0.15%	0.2%	0.15%
	CTAS	A	0.15%	0.22%	0.15%
	CTLT	C	0.05%	0.03%	0.03%
	CTRA	C	0.03%	0.05%	0.03%
	CTVA	C	0.18%	0.12%	0.12%
	CVS	F	0.31%	0.21%	0.21%
	CVX	B	1.16%	0.78%	0.78%
	CZR	D	0.02%	0.03%	0.02%
	D	D	0.21%	0.14%	0.14%
	DAL	A	0.08%	0.11%	0.08%
	DAY	B	0.02%	0.04%	0.02%
	DD	D	0.16%	0.11%	0.11%
	DE	D	0.2%	0.31%	0.2%
	DFS	B	0.09%	0.13%	0.09%
	DG	F	0.07%	0.05%	0.05%
	DGX	A	0.08%	0.05%	0.05%
	DHR	F	0.69%	0.46%	0.46%
	DIS	C	0.78%	0.52%	0.52%
	DLR	B	0.14%	0.16%	0.14%
	DLTR	F	0.06%	0.04%	0.04%
	DOC	C	0.07%	0.05%	0.05%
	DOV	A	0.12%	0.08%	0.08%
	DOW	F	0.15%	0.1%	0.1%
	DPZ	C	0.04%	0.04%	0.04%
	DRI	B	0.04%	0.06%	0.04%
	DTE	D	0.11%	0.07%	0.07%
	DUK	D	0.37%	0.25%	0.25%
	DVA	C	0.01%	0.02%	0.01%
	DVN	F	0.11%	0.07%	0.07%
	DXCM	C	0.05%	0.08%	0.05%
	EA	A	0.09%	0.11%	0.09%
	EBAY	D	0.13%	0.09%	0.09%
	ECL	D	0.13%	0.18%	0.13%
	ED	D	0.15%	0.1%	0.1%
	EFX	D	0.09%	0.1%	0.09%
	EG	D	0.07%	0.05%	0.05%
	EIX	D	0.14%	0.09%	0.09%
	EL	F	0.07%	0.05%	0.05%
	ELV	F	0.43%	0.29%	0.29%
	EMN	D	0.05%	0.04%	0.04%
	EMR	A	0.32%	0.21%	0.21%
	EOG	B	0.11%	0.21%	0.11%
	EQIX	C	0.2%	0.25%	0.2%
	EQR	D	0.11%	0.07%	0.07%
	EQT	A	0.11%	0.07%	0.07%
	ERIE	F	0.02%	0.03%	0.02%
	ES	F	0.09%	0.06%	0.06%
	ESS	C	0.08%	0.06%	0.06%
	ETN	A	0.24%	0.42%	0.24%
	ETR	B	0.14%	0.09%	0.09%
	EVRG	A	0.06%	0.04%	0.04%
	EW	F	0.11%	0.12%	0.11%
	EXC	D	0.17%	0.11%	0.11%
	EXPD	F	0.05%	0.05%	0.05%
	EXR	D	0.15%	0.1%	0.1%
	F	C	0.19%	0.12%	0.12%
	FAST	B	0.1%	0.14%	0.1%
	FCX	F	0.15%	0.2%	0.15%
	FDS	A	0.04%	0.05%	0.04%
	FDX	B	0.28%	0.19%	0.19%
	FE	D	0.09%	0.06%	0.06%
	FI	A	0.25%	0.35%	0.25%
	FIS	C	0.21%	0.14%	0.14%
	FITB	A	0.14%	0.09%	0.09%
	FMC	F	0.03%	0.02%	0.02%
	FOX	A	0.02%	0.02%	0.02%
	FOXA	A	0.04%	0.03%	0.03%
	FRT	C	0.04%	0.02%	0.02%
	GD	A	0.34%	0.23%	0.23%
	GE	C	0.48%	0.57%	0.48%
	GEHC	D	0.18%	0.12%	0.12%
	GEV	B	0.23%	0.27%	0.23%
	GILD	B	0.53%	0.36%	0.36%
	GIS	F	0.16%	0.11%	0.11%
	GL	B	0.04%	0.03%	0.03%
	GM	B	0.27%	0.18%	0.18%
	GNRC	B	0.02%	0.03%	0.02%
	GPC	D	0.07%	0.05%	0.05%
	GPN	B	0.13%	0.08%	0.08%
	GRMN	A	0.07%	0.09%	0.07%
	GS	B	0.8%	0.54%	0.54%
	GWW	B	0.06%	0.15%	0.06%
	HAL	D	0.11%	0.08%	0.08%
	HAS	D	0.04%	0.02%	0.02%
	HBAN	A	0.11%	0.07%	0.07%
	HCA	D	0.15%	0.19%	0.15%
	HD	B	1.09%	1.16%	1.09%
	HIG	C	0.15%	0.1%	0.1%
	HII	D	0.03%	0.02%	0.02%
	HOLX	D	0.08%	0.05%	0.05%
	HON	B	0.62%	0.41%	0.41%
	HRL	F	0.04%	0.03%	0.03%
	HSIC	F	0.04%	0.03%	0.03%
	HST	C	0.02%	0.04%	0.02%
	HSY	D	0.07%	0.07%	0.07%
	HUBB	B	0.06%	0.07%	0.06%
	HUM	F	0.15%	0.1%	0.1%
	HWM	B	0.08%	0.13%	0.08%
	ICE	D	0.39%	0.26%	0.26%
	IDXX	D	0.07%	0.1%	0.07%
	IEX	B	0.08%	0.05%	0.05%
	IFF	F	0.1%	0.07%	0.07%
	INCY	B	0.06%	0.04%	0.04%
	INVH	D	0.08%	0.06%	0.06%
	IP	B	0.09%	0.06%	0.06%
	IPG	F	0.05%	0.03%	0.03%
	IQV	F	0.1%	0.11%	0.1%
	IR	A	0.04%	0.12%	0.04%
	IRM	C	0.07%	0.1%	0.07%
	ISRG	A	0.28%	0.54%	0.28%
	ITW	B	0.17%	0.21%	0.17%
	IVZ	C	0.04%	0.02%	0.02%
	J	B	0.08%	0.05%	0.05%
	JBHT	B	0.07%	0.04%	0.04%
	JCI	B	0.24%	0.16%	0.16%
	JKHY	C	0.06%	0.04%	0.04%
	JNJ	F	1.64%	1.1%	1.1%
	JPM	B	2.93%	1.96%	1.96%
	K	A	0.09%	0.06%	0.06%
	KDP	D	0.16%	0.1%	0.1%
	KEY	B	0.08%	0.05%	0.05%
	KHC	F	0.13%	0.08%	0.08%
	KIM	B	0.07%	0.05%	0.05%
	KMB	F	0.19%	0.13%	0.13%
	KMI	A	0.22%	0.15%	0.15%
	KMX	C	0.05%	0.04%	0.04%
	KO	F	0.66%	0.72%	0.66%
	KR	A	0.17%	0.12%	0.12%
	KVUE	A	0.19%	0.13%	0.13%
	L	B	0.07%	0.04%	0.04%
	LDOS	A	0.11%	0.08%	0.08%
	LEN	D	0.08%	0.12%	0.08%
	LH	B	0.09%	0.06%	0.06%
	LHX	B	0.21%	0.14%	0.14%
	LIN	D	0.47%	0.65%	0.47%
	LKQ	D	0.04%	0.03%	0.03%
	LMT	D	0.51%	0.34%	0.34%
	LNT	C	0.06%	0.04%	0.04%
	LOW	B	0.66%	0.44%	0.44%
	LUV	B	0.08%	0.05%	0.05%
	LVS	C	0.03%	0.05%	0.03%
	LW	C	0.02%	0.03%	0.02%
	LYB	F	0.1%	0.07%	0.07%
	MA	A	0.52%	1.25%	0.52%
	MAA	C	0.08%	0.05%	0.05%
	MAS	D	0.04%	0.05%	0.04%
	MCD	D	0.52%	0.62%	0.52%
	MCK	B	0.34%	0.23%	0.23%
	MCO	C	0.17%	0.21%	0.17%
	MDLZ	F	0.22%	0.26%	0.22%
	MDT	D	0.49%	0.33%	0.33%
	MET	C	0.21%	0.14%	0.14%
	MGM	F	0.01%	0.03%	0.01%
	MHK	D	0.03%	0.02%	0.02%
	MKC	D	0.08%	0.06%	0.06%
	MKTX	C	0.05%	0.03%	0.03%
	MLM	B	0.06%	0.11%	0.06%
	MMC	C	0.23%	0.32%	0.23%
	MMM	D	0.32%	0.21%	0.21%
	MNST	B	0.07%	0.11%	0.07%
	MO	A	0.4%	0.27%	0.27%
	MOH	F	0.04%	0.06%	0.04%
	MOS	D	0.04%	0.03%	0.03%
	MPC	D	0.1%	0.15%	0.1%
	MRK	F	0.67%	0.75%	0.67%
	MRNA	F	0.07%	0.05%	0.05%
	MRO	B	0.03%	0.05%	0.03%
	MS	A	0.7%	0.47%	0.47%
	MSCI	B	0.09%	0.13%	0.09%
	MTB	B	0.15%	0.1%	0.1%
	MTCH	F	0.04%	0.02%	0.02%
	MTD	F	0.08%	0.09%	0.08%
	NDAQ	B	0.14%	0.09%	0.09%
	NDSN	B	0.06%	0.04%	0.04%
	NEE	D	0.67%	0.45%	0.45%
	NEM	F	0.23%	0.15%	0.15%
	NI	A	0.07%	0.05%	0.05%
	NKE	F	0.23%	0.27%	0.23%
	NOC	C	0.31%	0.21%	0.21%
	NRG	B	0.09%	0.06%	0.06%
	NSC	B	0.27%	0.18%	0.18%
	NTRS	A	0.09%	0.06%	0.06%
	NUE	C	0.06%	0.11%	0.06%
	NWS	B	0.02%	0.01%	0.01%
	NWSA	B	0.05%	0.03%	0.03%
	O	D	0.21%	0.14%	0.14%
	OKE	A	0.1%	0.18%	0.1%
	OMC	B	0.09%	0.06%	0.06%
	ORLY	A	0.08%	0.2%	0.08%
	OTIS	D	0.11%	0.12%	0.11%
	OXY	F	0.15%	0.1%	0.1%
	PARA	C	0.03%	0.02%	0.02%
	PAYC	B	0.03%	0.03%	0.03%
	PAYX	B	0.12%	0.14%	0.12%
	PCAR	B	0.07%	0.17%	0.07%
	PCG	A	0.19%	0.13%	0.13%
	PEG	D	0.18%	0.12%	0.12%
	PEP	F	0.63%	0.66%	0.63%
	PFE	F	0.68%	0.45%	0.45%
	PFG	C	0.08%	0.05%	0.05%
	PG	D	1.02%	1.12%	1.02%
	PGR	B	0.33%	0.44%	0.33%
	PH	B	0.08%	0.26%	0.08%
	PKG	B	0.09%	0.06%	0.06%
	PLD	F	0.46%	0.31%	0.31%
	PM	C	0.53%	0.56%	0.53%
	PNC	A	0.35%	0.24%	0.24%
	PNR	B	0.02%	0.05%	0.02%
	PNW	B	0.04%	0.03%	0.03%
	PODD	B	0.05%	0.05%	0.05%
	POOL	D	0.03%	0.04%	0.03%
	PPG	F	0.13%	0.09%	0.09%
	PPL	A	0.1%	0.07%	0.07%
	PRU	B	0.19%	0.13%	0.13%
	PSA	D	0.13%	0.15%	0.13%
	PSX	D	0.23%	0.15%	0.15%
	PWR	B	0.06%	0.14%	0.06%
	PYPL	B	0.36%	0.24%	0.24%
	REG	B	0.05%	0.04%	0.04%
	REGN	F	0.15%	0.25%	0.15%
	RF	A	0.1%	0.07%	0.07%
	RJF	A	0.13%	0.08%	0.08%
	RL	B	0.02%	0.03%	0.02%
	RMD	B	0.16%	0.11%	0.11%
	ROK	B	0.07%	0.09%	0.07%
	ROL	B	0.03%	0.04%	0.03%
	RSG	A	0.08%	0.12%	0.08%
	RTX	C	0.7%	0.47%	0.47%
	RVTY	C	0.07%	0.04%	0.04%
	SBAC	D	0.06%	0.07%	0.06%
	SBUX	B	0.19%	0.32%	0.19%
	SCHW	A	0.48%	0.32%	0.32%
	SHW	B	0.19%	0.26%	0.19%
	SJM	F	0.05%	0.04%	0.04%
	SLB	D	0.27%	0.18%	0.18%
	SNA	A	0.04%	0.05%	0.04%
	SO	D	0.41%	0.28%	0.28%
	SOLV	C	0.05%	0.03%	0.03%
	SPG	B	0.15%	0.16%	0.15%
	SPGI	D	0.39%	0.46%	0.39%
	SRE	A	0.25%	0.17%	0.17%
	STE	F	0.04%	0.06%	0.04%
	STLD	B	0.03%	0.06%	0.03%
	STT	B	0.12%	0.08%	0.08%
	STZ	D	0.16%	0.11%	0.11%
	SW	C	0.12%	0.08%	0.08%
	SWK	F	0.06%	0.04%	0.04%
	SYF	B	0.11%	0.07%	0.07%
	SYK	A	0.2%	0.37%	0.2%
	SYY	B	0.16%	0.11%	0.11%
	T	C	0.69%	0.46%	0.46%
	TAP	B	0.04%	0.03%	0.03%
	TECH	C	0.05%	0.04%	0.04%
	TFC	A	0.27%	0.18%	0.18%
	TFX	F	0.04%	0.03%	0.03%
	TGT	C	0.3%	0.2%	0.2%
	TJX	B	0.2%	0.39%	0.2%
	TMO	F	0.57%	0.62%	0.57%
	TMUS	A	0.5%	0.33%	0.33%
	TPR	B	0.05%	0.03%	0.03%
	TROW	B	0.12%	0.08%	0.08%
	TRV	B	0.25%	0.17%	0.17%
	TSCO	D	0.08%	0.09%	0.08%
	TSN	C	0.07%	0.05%	0.05%
	TT	A	0.12%	0.26%	0.12%
	TTWO	A	0.06%	0.09%	0.06%
	TXT	D	0.07%	0.05%	0.05%
	UAL	A	0.12%	0.08%	0.08%
	UDR	D	0.06%	0.04%	0.04%
	UHS	D	0.05%	0.04%	0.04%
	ULTA	C	0.03%	0.05%	0.03%
	UNH	B	1.51%	1.63%	1.51%
	UNP	D	0.35%	0.43%	0.35%
	UPS	D	0.43%	0.29%	0.29%
	USB	B	0.34%	0.23%	0.23%
	V	A	0.76%	1.49%	0.76%
	VICI	D	0.14%	0.09%	0.09%
	VLO	D	0.19%	0.13%	0.13%
	VLTO	D	0.11%	0.08%	0.08%
	VMC	B	0.06%	0.11%	0.06%
	VRSK	A	0.08%	0.12%	0.08%
	VRTX	B	0.2%	0.38%	0.2%
	VTR	C	0.12%	0.08%	0.08%
	VTRS	B	0.07%	0.05%	0.05%
	VZ	D	0.74%	0.5%	0.5%
	WAB	B	0.15%	0.1%	0.1%
	WAT	B	0.06%	0.07%	0.06%
	WBA	D	0.03%	0.02%	0.02%
	WBD	C	0.09%	0.06%	0.06%
	WEC	B	0.13%	0.09%	0.09%
	WELL	B	0.35%	0.23%	0.23%
	WFC	B	1.04%	0.69%	0.69%
	WM	A	0.19%	0.23%	0.19%
	WMB	A	0.18%	0.2%	0.18%
	WMT	A	1.59%	1.06%	1.06%
	WRB	B	0.08%	0.05%	0.05%
	WTW	A	0.14%	0.09%	0.09%
	WY	F	0.1%	0.07%	0.07%
	XEL	A	0.16%	0.11%	0.11%
	XOM	B	2.35%	1.57%	1.57%
	XYL	D	0.13%	0.09%	0.09%
	YUM	B	0.09%	0.11%	0.09%
	ZBH	C	0.1%	0.06%	0.06%
	ZTS	F	0.15%	0.23%	0.15%

IUSV Overweight 338 Positions Relative to SPXT

	Symbol	Grade	Weight
	CSCO	A	1.02%
	IBM	D	0.86%
	BLK	B	0.63%
	MU	C	0.55%
	TXN	B	0.54%
	INTC	C	0.49%
	ACN	C	0.45%
	QCOM	F	0.4%
	ADI	D	0.2%
	CTSH	A	0.18%
	APH	B	0.17%
	HPQ	B	0.16%
	GLW	B	0.16%
	ROP	B	0.15%
	ADSK	B	0.14%
	MSI	B	0.14%
	TEL	B	0.13%
	KEYS	B	0.13%
	HPE	B	0.12%
	ILMN	C	0.11%
	TDY	A	0.1%
	WDC	D	0.1%
	ZBRA	A	0.09%
	FSLR	F	0.09%
	ON	D	0.08%
	TRMB	B	0.08%
	TER	D	0.08%
	DELL	C	0.08%
	EXE	A	0.08%
	NXPI	F	0.07%
	CDW	F	0.07%
	DOCU	A	0.07%
	NTAP	C	0.07%
	GEN	A	0.07%
	THC	B	0.07%
	MCHP	F	0.07%
	USFD	A	0.07%
	COHR	B	0.07%
	JNPR	C	0.06%
	STX	D	0.06%
	PFGC	B	0.06%
	ANSS	B	0.06%
	FFIV	B	0.06%
	RGA	A	0.06%
	SWKS	F	0.06%
	FNF	C	0.06%
	ARMK	C	0.05%
	ALLY	C	0.05%
	FHN	B	0.05%
	JEF	B	0.05%
	SF	A	0.05%
	AA	C	0.05%
	BJ	B	0.05%
	COO	D	0.05%
	RRX	C	0.05%
	WPC	F	0.05%
	JLL	C	0.05%
	VRSN	C	0.04%
	SNV	B	0.04%
	SFM	B	0.04%
	AR	B	0.04%
	SSB	B	0.04%
	TPL	A	0.04%
	OGE	B	0.04%
	ZION	B	0.04%
	AKAM	F	0.04%
	WTFC	A	0.04%
	ORI	A	0.04%
	GPK	D	0.04%
	MTZ	B	0.04%
	AAL	B	0.04%
	AVTR	F	0.04%
	GME	C	0.04%
	XPO	B	0.04%
	PTC	B	0.04%
	WCC	B	0.04%
	GMED	B	0.04%
	KNX	B	0.04%
	X	B	0.04%
	SNX	C	0.04%
	NLY	C	0.04%
	AFG	B	0.04%
	WBS	B	0.04%
	UNM	A	0.04%
	UTHR	B	0.04%
	LAD	B	0.04%
	FLR	C	0.04%
	CNH	D	0.04%
	NXST	C	0.03%
	CG	B	0.03%
	FNB	A	0.03%
	THO	B	0.03%
	AGCO	F	0.03%
	CCK	B	0.03%
	KRG	B	0.03%
	WHR	B	0.03%
	FBIN	F	0.03%
	PVH	C	0.03%
	ESNT	D	0.03%
	CIEN	B	0.03%
	ENPH	F	0.03%
	SCI	B	0.03%
	STWD	D	0.03%
	RNR	D	0.03%
	INGR	B	0.03%
	OHI	B	0.03%
	HR	C	0.03%
	DAR	B	0.03%
	GBCI	B	0.03%
	CLF	D	0.03%
	COLB	B	0.03%
	KD	B	0.03%
	ARW	F	0.03%
	FAF	D	0.03%
	EWBC	A	0.03%
	NOV	D	0.03%
	BURL	C	0.03%
	DINO	D	0.03%
	QRVO	F	0.03%
	G	B	0.03%
	R	B	0.03%
	ONB	A	0.03%
	VMI	B	0.03%
	CMC	B	0.03%
	BIO	C	0.03%
	JBL	B	0.03%
	OSK	B	0.03%
	ADC	B	0.03%
	IBKR	A	0.03%
	TMHC	C	0.03%
	VNO	C	0.03%
	PB	A	0.03%
	BERY	C	0.03%
	GLPI	D	0.03%
	FYBR	D	0.03%
	CACI	B	0.03%
	RPM	B	0.03%
	EPAM	C	0.03%
	ACM	B	0.03%
	DTM	A	0.02%
	XRAY	F	0.02%
	CYTK	C	0.02%
	GATX	B	0.02%
	FR	D	0.02%
	PRGO	C	0.02%
	NVST	C	0.02%
	IDA	A	0.02%
	PII	F	0.02%
	ALE	A	0.02%
	MIDD	C	0.02%
	MAT	C	0.02%
	SR	C	0.02%
	CNM	D	0.02%
	ASH	F	0.02%
	TCBI	A	0.02%
	HOG	F	0.02%
	DCI	A	0.02%
	MTG	D	0.02%
	MKSI	D	0.02%
	AMTM	C	0.02%
	SEIC	A	0.02%
	ASB	B	0.02%
	HQY	A	0.02%
	KMPR	A	0.02%
	TXNM	A	0.02%
	CGNX	B	0.02%
	CNO	B	0.02%
	FLS	B	0.02%
	BKH	B	0.02%
	BRBR	A	0.02%
	OGS	B	0.02%
	KEX	A	0.02%
	SLGN	A	0.02%
	KRC	C	0.02%
	JAZZ	B	0.02%
	AN	D	0.02%
	ASGN	B	0.02%
	ORA	C	0.02%
	SWX	B	0.02%
	FLO	F	0.02%
	VLY	B	0.02%
	TKO	D	0.02%
	IRT	B	0.02%
	TTC	D	0.02%
	RGLD	C	0.02%
	ELS	C	0.02%
	AMH	D	0.02%
	AVNT	B	0.02%
	M	D	0.02%
	SBRA	B	0.02%
	ATR	A	0.02%
	CBSH	A	0.02%
	NJR	B	0.02%
	CUZ	C	0.02%
	BRX	B	0.02%
	CUBE	D	0.02%
	NNN	F	0.02%
	WAL	B	0.02%
	AYI	A	0.02%
	POR	D	0.02%
	GAP	C	0.02%
	LAMR	D	0.02%
	VOYA	A	0.02%
	SON	F	0.02%
	ST	F	0.02%
	CW	B	0.02%
	AVT	C	0.02%
	WTRG	B	0.02%
	SAIC	B	0.02%
	KBR	B	0.02%
	CFR	B	0.02%
	LITE	B	0.02%
	POST	D	0.02%
	UGI	D	0.02%
	BDC	B	0.02%
	UMBF	B	0.02%
	NFG	C	0.02%
	PNFP	B	0.02%
	UBSI	B	0.02%
	HOMB	A	0.02%
	AMG	C	0.02%
	DKS	D	0.02%
	LEA	F	0.02%
	BMRN	F	0.02%
	JHG	B	0.02%
	EHC	B	0.02%
	THG	A	0.02%
	REXR	F	0.02%
	TNL	A	0.01%
	YETI	C	0.01%
	EPR	D	0.01%
	UA	B	0.01%
	CPRI	F	0.01%
	BLKB	C	0.01%
	IPGP	C	0.01%
	VC	D	0.01%
	NSP	F	0.01%
	MMS	C	0.01%
	PSN	A	0.01%
	NSA	D	0.01%
	WEN	C	0.01%
	COLM	B	0.01%
	SAM	B	0.01%
	KNF	C	0.01%
	TEX	C	0.01%
	GEF	A	0.01%
	SYNA	D	0.01%
	HAE	B	0.01%
	LIVN	D	0.01%
	CHH	B	0.01%
	IRDM	C	0.01%
	OPCH	F	0.01%
	AMED	F	0.01%
	POWI	C	0.01%
	MSM	B	0.01%
	CADE	B	0.01%
	CRI	F	0.01%
	DLB	C	0.01%
	ROIV	D	0.01%
	LFUS	D	0.01%
	CHX	D	0.01%
	VNOM	C	0.01%
	CNXC	F	0.01%
	VSH	F	0.01%
	SMG	C	0.01%
	LANC	B	0.01%
	EEFT	C	0.01%
	PPC	B	0.01%
	UAA	B	0.01%
	LSTR	B	0.01%
	EQH	B	0.01%
	CBT	B	0.01%
	ALTM	C	0.01%
	IBOC	B	0.01%
	AM	B	0.01%
	ENS	D	0.01%
	CDP	C	0.01%
	JWN	B	0.01%
	BC	D	0.01%
	RCM	B	0.01%
	SRPT	F	0.01%
	ALGM	F	0.01%
	MTN	D	0.01%
	ZI	C	0.01%
	CRUS	F	0.01%
	HWC	B	0.01%
	LPX	A	0.01%
	RLI	A	0.01%
	CHWY	B	0.01%
	OZK	B	0.01%
	GNTX	C	0.01%
	EXPO	D	0.01%
	HXL	D	0.01%
	RYN	F	0.01%
	GXO	B	0.01%
	WH	A	0.01%
	WU	F	0.01%
	BRKR	F	0.01%
	ENOV	C	0.01%
	NOVT	C	0.01%
	DOCS	B	0.01%
	SIGI	B	0.01%
	MUR	F	0.01%
	MASI	B	0.01%
	GT	C	0.01%
	RH	B	0.01%
	KBH	D	0.01%
	CXT	D	0.01%
	ALV	C	0.01%
	CC	D	0.01%
	TKR	F	0.01%
	PBF	F	0.01%
	MTSI	B	0.01%
	PCH	F	0.01%
	SLM	B	0.01%
	OLN	D	0.01%
	NEOG	D	0.01%
	PAG	C	0.01%
	GHC	B	0.01%
	CVLT	B	0.01%
	FFIN	B	0.01%
	VAC	B	0.01%
	MAN	F	0.01%
	AMKR	F	0.01%
	AZPN	B	0.01%
	EXLS	A	0.01%
	NWE	C	0.01%
	EGP	D	0.01%
	EVR	B	0.01%
	CHE	D	0.01%
	BHF	B	0.01%
	FLG	C	0.01%
	STAG	F	0.01%
	FHI	A	0.01%
	MAGN	F	0.0%
	AZTA	D	0.0%
	WMG	B	0.0%
	HGV	B	0.0%

IUSV Underweight 40 Positions Relative to SPXT

	Symbol	Grade	Weight
	AMZN	B	-5.73%
	META	B	-3.77%
	GOOGL	B	-3.09%
	GOOG	B	-2.56%
	TSLA	B	-2.41%
	LLY	D	-1.84%
	NFLX	A	-1.0%
	BKNG	A	-0.47%
	UBER	F	-0.45%
	KKR	B	-0.3%
	CMG	B	-0.23%
	TDG	B	-0.22%
	MAR	A	-0.19%
	HLT	A	-0.18%
	URI	B	-0.16%
	RCL	A	-0.15%
	VST	B	-0.14%
	ROST	F	-0.14%
	CPRT	B	-0.14%
	DHI	D	-0.14%
	HES	C	-0.12%
	TRGP	A	-0.12%
	ODFL	B	-0.12%
	LULU	C	-0.11%
	ACGL	D	-0.11%
	AXON	B	-0.1%
	FANG	D	-0.1%
	NVR	D	-0.08%
	FTV	D	-0.08%
	DECK	B	-0.08%
	PHM	D	-0.08%
	WST	C	-0.07%
	CPAY	A	-0.07%
	LYV	A	-0.06%
	BLDR	D	-0.06%
	EXPE	B	-0.06%
	CE	F	-0.03%
	NCLH	A	-0.03%
	WYNN	F	-0.02%
	APA	F	-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

SPXT: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Business Services Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management 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 Insurance - Property & Casualty REIT - Residential Specialty Chemicals

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