IVE vs. SPYX ETF Comparison

Comparison of iShares S&P 500 Value ETF (IVE) to SPDR S&P 500 Fossil Fuel Free ETF (SPYX)

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization 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 S&P 500® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$196.65

Average Daily Volume

484,630

Number of Holdings ^*

437

* may have additional holdings in another (foreign) market

SPYX

SPDR S&P 500 Fossil Fuel Free ETF

SPYX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.88

Average Daily Volume

104,449

Number of Holdings ^*

481

* may have additional holdings in another (foreign) market

Performance

Period	IVE	SPYX
30 Days	3.06%	2.28%
60 Days	5.00%	4.34%
90 Days	7.66%	5.18%
12 Months	25.66%	32.57%

422 Overlapping Holdings

	Symbol	Grade	Weight in IVE	Weight in SPYX	Overlap
	A	C	0.19%	0.09%	0.09%
	AAL	D	0.03%	0.01%	0.01%
	ABBV	C	1.04%	0.74%	0.74%
	ABNB	D	0.13%	0.11%	0.11%
	ABT	C	0.98%	0.44%	0.44%
	ACN	C	0.49%	0.48%	0.48%
	ADI	C	0.22%	0.24%	0.22%
	ADM	D	0.14%	0.06%	0.06%
	ADP	B	0.33%	0.25%	0.25%
	ADSK	C	0.13%	0.12%	0.12%
	AEE	C	0.11%	0.05%	0.05%
	AEP	C	0.26%	0.12%	0.12%
	AES	C	0.06%	0.03%	0.03%
	AFL	C	0.27%	0.12%	0.12%
	AIG	D	0.23%	0.11%	0.11%
	AIZ	B	0.05%	0.02%	0.02%
	AJG	D	0.15%	0.14%	0.14%
	AKAM	D	0.04%	0.03%	0.03%
	ALB	D	0.05%	0.02%	0.02%
	ALGN	D	0.04%	0.04%	0.04%
	ALL	B	0.24%	0.11%	0.11%
	ALLE	B	0.04%	0.03%	0.03%
	AMCR	B	0.08%	0.03%	0.03%
	AME	C	0.1%	0.08%	0.08%
	AMGN	B	0.86%	0.38%	0.38%
	AMP	A	0.1%	0.09%	0.09%
	AMT	C	0.32%	0.24%	0.24%
	ANSS	D	0.06%	0.06%	0.06%
	AON	B	0.18%	0.16%	0.16%
	AOS	D	0.02%	0.02%	0.02%
	APD	B	0.3%	0.14%	0.14%
	APH	D	0.16%	0.17%	0.16%
	APTV	D	0.09%	0.04%	0.04%
	ARE	C	0.09%	0.04%	0.04%
	ATO	B	0.1%	0.04%	0.04%
	AVB	B	0.16%	0.07%	0.07%
	AVY	C	0.09%	0.04%	0.04%
	AWK	B	0.14%	0.06%	0.06%
	AXP	B	0.21%	0.32%	0.21%
	AZO	D	0.08%	0.11%	0.08%
	BA	F	0.24%	0.2%	0.2%
	BAC	D	1.27%	0.57%	0.57%
	BALL	C	0.1%	0.04%	0.04%
	BAX	C	0.1%	0.04%	0.04%
	BBWI	F	0.03%	0.01%	0.01%
	BBY	C	0.09%	0.04%	0.04%
	BDX	D	0.33%	0.15%	0.15%
	BEN	F	0.03%	0.01%	0.01%
	BG	D	0.07%	0.03%	0.03%
	BIIB	F	0.14%	0.06%	0.06%
	BIO	C	0.03%	0.02%	0.02%
	BK	B	0.25%	0.11%	0.11%
	BKR	C	0.16%	0.07%	0.07%
	BLK	B	0.6%	0.27%	0.27%
	BMY	C	0.48%	0.21%	0.21%
	BR	D	0.05%	0.05%	0.05%
	BRK.A	C	3.91%	1.78%	1.78%
	BRO	C	0.03%	0.05%	0.03%
	BSX	B	0.27%	0.27%	0.27%
	BWA	D	0.04%	0.02%	0.02%
	BX	B	0.15%	0.23%	0.15%
	BXP	B	0.06%	0.02%	0.02%
	C	C	0.53%	0.24%	0.24%
	CAG	C	0.07%	0.03%	0.03%
	CAH	C	0.13%	0.06%	0.06%
	CARR	B	0.16%	0.14%	0.14%
	CAT	B	0.34%	0.36%	0.34%
	CB	B	0.57%	0.25%	0.25%
	CBOE	C	0.04%	0.05%	0.04%
	CBRE	A	0.17%	0.08%	0.08%
	CCI	C	0.25%	0.11%	0.11%
	CCL	C	0.02%	0.04%	0.02%
	CDW	D	0.08%	0.06%	0.06%
	CEG	C	0.16%	0.13%	0.13%
	CF	C	0.03%	0.03%	0.03%
	CFG	C	0.09%	0.04%	0.04%
	CHD	D	0.07%	0.05%	0.05%
	CHRW	B	0.06%	0.03%	0.03%
	CHTR	D	0.09%	0.07%	0.07%
	CI	C	0.5%	0.22%	0.22%
	CINF	B	0.1%	0.05%	0.05%
	CL	D	0.26%	0.19%	0.19%
	CLX	C	0.1%	0.04%	0.04%
	CMCSA	D	0.75%	0.34%	0.34%
	CME	C	0.24%	0.17%	0.17%
	CMI	C	0.2%	0.09%	0.09%
	CMS	C	0.1%	0.04%	0.04%
	CNC	D	0.19%	0.09%	0.09%
	CNP	C	0.09%	0.04%	0.04%
	COF	B	0.26%	0.11%	0.11%
	COST	B	1.14%	0.88%	0.88%
	CPB	C	0.05%	0.02%	0.02%
	CPT	B	0.06%	0.03%	0.03%
	CRL	F	0.05%	0.02%	0.02%
	CSCO	C	0.97%	0.44%	0.44%
	CSGP	D	0.09%	0.07%	0.07%
	CSX	D	0.16%	0.14%	0.14%
	CTAS	B	0.16%	0.15%	0.15%
	CTLT	B	0.05%	0.02%	0.02%
	CTSH	C	0.19%	0.08%	0.08%
	CTVA	B	0.19%	0.09%	0.09%
	CVS	D	0.35%	0.16%	0.16%
	CZR	C	0.02%	0.02%	0.02%
	D	C	0.24%	0.1%	0.1%
	DAL	C	0.06%	0.06%	0.06%
	DAY	D	0.02%	0.02%	0.02%
	DD	B	0.16%	0.08%	0.08%
	DE	B	0.21%	0.22%	0.21%
	DFS	B	0.07%	0.07%	0.07%
	DG	F	0.09%	0.04%	0.04%
	DGX	B	0.08%	0.04%	0.04%
	DHR	B	0.87%	0.39%	0.39%
	DIS	D	0.8%	0.36%	0.36%
	DLR	B	0.15%	0.11%	0.11%
	DLTR	F	0.07%	0.03%	0.03%
	DOC	C	0.08%	0.03%	0.03%
	DOV	B	0.12%	0.06%	0.06%
	DOW	D	0.17%	0.08%	0.08%
	DPZ	F	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.13%	0.06%	0.06%
	DUK	C	0.44%	0.19%	0.19%
	DVA	B	0.02%	0.02%	0.02%
	DXCM	F	0.05%	0.06%	0.05%
	EA	D	0.1%	0.08%	0.08%
	EBAY	B	0.16%	0.07%	0.07%
	ECL	B	0.15%	0.14%	0.14%
	ED	C	0.17%	0.08%	0.08%
	EFX	B	0.11%	0.08%	0.08%
	EG	C	0.08%	0.04%	0.04%
	EIX	C	0.16%	0.07%	0.07%
	EL	F	0.09%	0.04%	0.04%
	ELV	C	0.62%	0.28%	0.28%
	EMN	B	0.06%	0.03%	0.03%
	EMR	D	0.28%	0.13%	0.13%
	ENPH	D	0.05%	0.03%	0.03%
	EPAM	F	0.03%	0.03%	0.03%
	EQIX	C	0.21%	0.18%	0.18%
	EQR	B	0.13%	0.06%	0.06%
	ES	C	0.12%	0.05%	0.05%
	ESS	B	0.1%	0.04%	0.04%
	ETN	C	0.22%	0.26%	0.22%
	ETR	B	0.13%	0.06%	0.06%
	ETSY	F	0.02%	0.01%	0.01%
	EVRG	B	0.07%	0.03%	0.03%
	EW	F	0.13%	0.09%	0.09%
	EXC	C	0.19%	0.09%	0.09%
	EXPD	C	0.05%	0.04%	0.04%
	EXR	B	0.18%	0.08%	0.08%
	F	F	0.2%	0.09%	0.09%
	FAST	C	0.1%	0.09%	0.09%
	FCX	D	0.15%	0.13%	0.13%
	FDS	C	0.04%	0.04%	0.04%
	FDX	C	0.31%	0.14%	0.14%
	FE	C	0.11%	0.05%	0.05%
	FFIV	B	0.06%	0.03%	0.03%
	FIS	B	0.23%	0.1%	0.1%
	FITB	B	0.14%	0.06%	0.06%
	FMC	C	0.04%	0.02%	0.02%
	FOX	B	0.02%	0.01%	0.01%
	FOXA	B	0.04%	0.02%	0.02%
	FRT	C	0.04%	0.02%	0.02%
	FSLR	C	0.12%	0.06%	0.06%
	GD	B	0.33%	0.15%	0.15%
	GE	B	0.54%	0.4%	0.4%
	GEHC	C	0.18%	0.08%	0.08%
	GEV	B	0.17%	0.13%	0.13%
	GILD	B	0.5%	0.23%	0.23%
	GIS	B	0.2%	0.09%	0.09%
	GL	C	0.04%	0.02%	0.02%
	GLW	C	0.16%	0.07%	0.07%
	GM	C	0.26%	0.12%	0.12%
	GNRC	D	0.02%	0.02%	0.02%
	GPC	D	0.09%	0.04%	0.04%
	GPN	D	0.14%	0.06%	0.06%
	GRMN	D	0.06%	0.06%	0.06%
	GS	C	0.75%	0.34%	0.34%
	GWW	B	0.05%	0.1%	0.05%
	HAL	F	0.12%	0.05%	0.05%
	HAS	B	0.04%	0.02%	0.02%
	HBAN	B	0.1%	0.04%	0.04%
	HCA	B	0.19%	0.17%	0.17%
	HD	B	1.14%	0.81%	0.81%
	HIG	B	0.16%	0.08%	0.08%
	HII	D	0.05%	0.02%	0.02%
	HOLX	B	0.09%	0.04%	0.04%
	HON	D	0.64%	0.29%	0.29%
	HPE	D	0.11%	0.05%	0.05%
	HPQ	D	0.14%	0.06%	0.06%
	HRL	C	0.04%	0.02%	0.02%
	HSIC	C	0.04%	0.02%	0.02%
	HST	C	0.02%	0.03%	0.02%
	HSY	C	0.09%	0.06%	0.06%
	HUBB	B	0.06%	0.05%	0.05%
	HUM	F	0.19%	0.09%	0.09%
	HWM	B	0.07%	0.08%	0.07%
	IBM	B	0.95%	0.42%	0.42%
	ICE	C	0.45%	0.2%	0.2%
	IDXX	C	0.09%	0.09%	0.09%
	IEX	D	0.07%	0.03%	0.03%
	IFF	B	0.13%	0.06%	0.06%
	INCY	C	0.05%	0.02%	0.02%
	INTC	F	0.4%	0.18%	0.18%
	INVH	C	0.1%	0.05%	0.05%
	IP	B	0.08%	0.04%	0.04%
	IPG	C	0.06%	0.03%	0.03%
	IQV	C	0.13%	0.09%	0.09%
	IR	C	0.04%	0.08%	0.04%
	IRM	C	0.08%	0.07%	0.07%
	ISRG	B	0.29%	0.38%	0.29%
	ITW	C	0.18%	0.15%	0.15%
	IVZ	B	0.03%	0.02%	0.02%
	J	C	0.09%	0.04%	0.04%
	JBHT	D	0.07%	0.03%	0.03%
	JBL	D	0.03%	0.03%	0.03%
	JCI	B	0.24%	0.11%	0.11%
	JKHY	B	0.06%	0.03%	0.03%
	JNJ	C	1.92%	0.86%	0.86%
	JNPR	B	0.06%	0.03%	0.03%
	JPM	D	2.83%	1.29%	1.29%
	K	B	0.1%	0.05%	0.05%
	KDP	B	0.19%	0.08%	0.08%
	KEY	B	0.07%	0.03%	0.03%
	KEYS	C	0.13%	0.06%	0.06%
	KHC	C	0.14%	0.06%	0.06%
	KIM	C	0.08%	0.03%	0.03%
	KMB	D	0.23%	0.1%	0.1%
	KMI	B	0.2%	0.09%	0.09%
	KMX	D	0.06%	0.03%	0.03%
	KO	C	0.81%	0.6%	0.6%
	KR	C	0.18%	0.08%	0.08%
	KVUE	C	0.22%	0.1%	0.1%
	L	C	0.07%	0.03%	0.03%
	LDOS	B	0.1%	0.05%	0.05%
	LEN	B	0.1%	0.1%	0.1%
	LHX	C	0.21%	0.09%	0.09%
	LIN	B	0.52%	0.49%	0.49%
	LKQ	F	0.05%	0.02%	0.02%
	LMT	C	0.59%	0.27%	0.27%
	LNT	B	0.07%	0.03%	0.03%
	LOW	B	0.71%	0.32%	0.32%
	LUV	C	0.08%	0.04%	0.04%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	D	0.12%	0.05%	0.05%
	MA	B	0.55%	0.88%	0.55%
	MAA	B	0.09%	0.04%	0.04%
	MAS	B	0.04%	0.04%	0.04%
	MCD	B	0.58%	0.46%	0.46%
	MCHP	F	0.08%	0.09%	0.08%
	MCK	F	0.33%	0.15%	0.15%
	MCO	B	0.19%	0.16%	0.16%
	MDLZ	B	0.28%	0.22%	0.22%
	MDT	C	0.58%	0.26%	0.26%
	MET	B	0.22%	0.1%	0.1%
	MGM	F	0.01%	0.02%	0.01%
	MHK	C	0.04%	0.02%	0.02%
	MKC	C	0.1%	0.04%	0.04%
	MKTX	C	0.05%	0.02%	0.02%
	MLM	D	0.05%	0.07%	0.05%
	MMC	C	0.26%	0.25%	0.25%
	MMM	B	0.36%	0.16%	0.16%
	MNST	D	0.07%	0.08%	0.07%
	MO	C	0.44%	0.2%	0.2%
	MOH	D	0.04%	0.04%	0.04%
	MOS	F	0.04%	0.02%	0.02%
	MPC	F	0.13%	0.12%	0.12%
	MRK	D	0.85%	0.64%	0.64%
	MRNA	F	0.11%	0.05%	0.05%
	MS	D	0.59%	0.26%	0.26%
	MSCI	C	0.09%	0.1%	0.09%
	MSI	B	0.15%	0.16%	0.15%
	MTB	B	0.14%	0.06%	0.06%
	MTCH	C	0.05%	0.02%	0.02%
	MTD	D	0.09%	0.06%	0.06%
	MU	F	0.49%	0.21%	0.21%
	NDAQ	A	0.15%	0.07%	0.07%
	NDSN	C	0.07%	0.03%	0.03%
	NEE	C	0.84%	0.37%	0.37%
	NEM	B	0.3%	0.13%	0.13%
	NI	B	0.07%	0.03%	0.03%
	NKE	D	0.26%	0.21%	0.21%
	NOC	B	0.35%	0.16%	0.16%
	NRG	C	0.08%	0.04%	0.04%
	NSC	C	0.27%	0.13%	0.13%
	NTAP	D	0.07%	0.05%	0.05%
	NTRS	A	0.09%	0.04%	0.04%
	NUE	F	0.06%	0.07%	0.06%
	NWS	D	0.01%	0.01%	0.01%
	NWSA	D	0.05%	0.02%	0.02%
	NXPI	F	0.07%	0.13%	0.07%
	O	C	0.26%	0.12%	0.12%
	OKE	B	0.1%	0.11%	0.1%
	OMC	B	0.1%	0.04%	0.04%
	ON	D	0.08%	0.06%	0.06%
	ORLY	C	0.09%	0.14%	0.09%
	OTIS	C	0.11%	0.08%	0.08%
	PARA	F	0.03%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	C	0.12%	0.09%	0.09%
	PCAR	D	0.06%	0.11%	0.06%
	PCG	C	0.2%	0.09%	0.09%
	PEG	B	0.2%	0.09%	0.09%
	PEP	C	0.75%	0.53%	0.53%
	PFE	C	0.8%	0.36%	0.36%
	PFG	B	0.09%	0.04%	0.04%
	PG	C	1.21%	0.89%	0.89%
	PGR	B	0.36%	0.32%	0.32%
	PH	B	0.08%	0.16%	0.08%
	PKG	B	0.09%	0.04%	0.04%
	PLD	C	0.58%	0.26%	0.26%
	PM	C	0.59%	0.42%	0.42%
	PNC	B	0.34%	0.15%	0.15%
	PNR	B	0.02%	0.03%	0.02%
	PNW	C	0.05%	0.02%	0.02%
	PODD	B	0.05%	0.03%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	D	0.14%	0.06%	0.06%
	PPL	C	0.12%	0.05%	0.05%
	PRU	C	0.2%	0.09%	0.09%
	PSA	B	0.16%	0.12%	0.12%
	PSX	F	0.26%	0.12%	0.12%
	PTC	D	0.04%	0.04%	0.04%
	PWR	B	0.06%	0.09%	0.06%
	PYPL	B	0.35%	0.16%	0.16%
	QCOM	D	0.43%	0.4%	0.4%
	QRVO	F	0.05%	0.02%	0.02%
	REG	C	0.06%	0.03%	0.03%
	REGN	C	0.24%	0.27%	0.24%
	RF	B	0.1%	0.04%	0.04%
	RJF	C	0.11%	0.05%	0.05%
	RL	C	0.02%	0.02%	0.02%
	RMD	C	0.18%	0.08%	0.08%
	ROK	D	0.08%	0.06%	0.06%
	ROL	C	0.04%	0.03%	0.03%
	ROP	C	0.16%	0.13%	0.13%
	RSG	D	0.09%	0.09%	0.09%
	RTX	C	0.76%	0.35%	0.35%
	SBAC	C	0.08%	0.06%	0.06%
	SBUX	C	0.22%	0.24%	0.22%
	SCHW	D	0.45%	0.2%	0.2%
	SHW	B	0.21%	0.19%	0.19%
	SJM	C	0.06%	0.03%	0.03%
	SLB	F	0.28%	0.12%	0.12%
	SNA	C	0.04%	0.03%	0.03%
	SO	B	0.47%	0.21%	0.21%
	SOLV	C	0.05%	0.02%	0.02%
	SPG	B	0.16%	0.12%	0.12%
	SPGI	B	0.45%	0.36%	0.36%
	SRE	C	0.25%	0.11%	0.11%
	STE	C	0.05%	0.05%	0.05%
	STLD	F	0.03%	0.04%	0.03%
	STT	A	0.12%	0.05%	0.05%
	STX	C	0.06%	0.04%	0.04%
	STZ	D	0.2%	0.09%	0.09%
	SW	B	0.11%	0.05%	0.05%
	SWK	B	0.08%	0.03%	0.03%
	SWKS	D	0.08%	0.04%	0.04%
	SYF	C	0.09%	0.04%	0.04%
	SYK	C	0.22%	0.27%	0.22%
	SYY	D	0.18%	0.08%	0.08%
	T	C	0.75%	0.33%	0.33%
	TAP	D	0.05%	0.02%	0.02%
	TDY	B	0.1%	0.04%	0.04%
	TECH	C	0.06%	0.02%	0.02%
	TEL	D	0.13%	0.1%	0.1%
	TER	D	0.1%	0.04%	0.04%
	TFC	C	0.27%	0.12%	0.12%
	TFX	C	0.06%	0.02%	0.02%
	TGT	C	0.34%	0.15%	0.15%
	TJX	B	0.23%	0.29%	0.23%
	TMO	B	0.7%	0.51%	0.51%
	TMUS	C	0.5%	0.23%	0.23%
	TPR	C	0.05%	0.02%	0.02%
	TRMB	C	0.07%	0.03%	0.03%
	TROW	D	0.11%	0.05%	0.05%
	TRV	C	0.26%	0.12%	0.12%
	TSCO	C	0.09%	0.07%	0.07%
	TSN	C	0.08%	0.04%	0.04%
	TT	B	0.12%	0.18%	0.12%
	TTWO	C	0.06%	0.05%	0.05%
	TXN	C	0.55%	0.39%	0.39%
	TXT	D	0.08%	0.04%	0.04%
	UAL	C	0.08%	0.04%	0.04%
	UDR	C	0.07%	0.03%	0.03%
	UHS	B	0.07%	0.03%	0.03%
	ULTA	D	0.03%	0.04%	0.03%
	UNH	C	1.64%	1.18%	1.18%
	UNP	C	0.4%	0.33%	0.33%
	UPS	D	0.45%	0.2%	0.2%
	USB	B	0.34%	0.15%	0.15%
	V	C	0.74%	0.98%	0.74%
	VICI	C	0.17%	0.08%	0.08%
	VLO	F	0.21%	0.1%	0.1%
	VLTO	C	0.12%	0.05%	0.05%
	VMC	D	0.05%	0.07%	0.05%
	VRSK	D	0.08%	0.08%	0.08%
	VRSN	D	0.04%	0.03%	0.03%
	VRTX	D	0.22%	0.27%	0.22%
	VTR	C	0.13%	0.06%	0.06%
	VTRS	D	0.07%	0.03%	0.03%
	VZ	B	0.9%	0.4%	0.4%
	WAB	B	0.14%	0.07%	0.07%
	WAT	C	0.06%	0.04%	0.04%
	WBA	F	0.03%	0.01%	0.01%
	WBD	D	0.09%	0.04%	0.04%
	WDC	D	0.1%	0.05%	0.05%
	WEC	C	0.15%	0.06%	0.06%
	WELL	C	0.37%	0.17%	0.17%
	WFC	D	0.89%	0.39%	0.39%
	WM	D	0.19%	0.17%	0.17%
	WMB	B	0.16%	0.12%	0.12%
	WMT	C	1.66%	0.74%	0.74%
	WRB	C	0.09%	0.04%	0.04%
	WTW	C	0.14%	0.06%	0.06%
	WY	C	0.11%	0.05%	0.05%
	XEL	B	0.17%	0.08%	0.08%
	XYL	C	0.15%	0.07%	0.07%
	YUM	D	0.1%	0.08%	0.08%
	ZBH	F	0.11%	0.05%	0.05%
	ZBRA	B	0.08%	0.04%	0.04%
	ZTS	C	0.19%	0.19%	0.19%

IVE Overweight 15 Positions Relative to SPYX

	Symbol	Grade	Weight
	XOM	C	2.41%
	CVX	D	1.16%
	FI	A	0.24%
	COR	D	0.19%
	COP	D	0.18%
	OXY	F	0.17%
	DVN	F	0.12%
	EOG	D	0.11%
	LH	C	0.09%
	EQT	D	0.09%
	GEN	B	0.07%
	RVTY	B	0.07%
	COO	B	0.06%
	CTRA	D	0.03%
	MRO	C	0.03%

IVE Underweight 59 Positions Relative to SPYX

	Symbol	Grade	Weight
	AAPL	C	-6.99%
	MSFT	C	-6.91%
	NVDA	D	-6.38%
	AMZN	C	-3.73%
	META	B	-2.51%
	GOOGL	D	-1.98%
	GOOG	D	-1.65%
	LLY	C	-1.62%
	AVGO	C	-1.56%
	TSLA	C	-1.38%
	NFLX	B	-0.64%
	ADBE	F	-0.58%
	ORCL	C	-0.56%
	AMD	D	-0.53%
	CRM	D	-0.53%
	NOW	B	-0.4%
	INTU	C	-0.39%
	AMAT	D	-0.33%
	UBER	C	-0.31%
	BKNG	C	-0.29%
	PANW	D	-0.24%
	KLAC	D	-0.22%
	LRCX	F	-0.21%
	ANET	B	-0.19%
	CMG	C	-0.17%
	CDNS	D	-0.16%
	SNPS	D	-0.16%
	TDG	B	-0.16%
	HLT	B	-0.12%
	MAR	C	-0.12%
	DHI	B	-0.12%
	ROST	C	-0.11%
	MPWR	C	-0.1%
	FICO	B	-0.1%
	FTNT	C	-0.1%
	URI	B	-0.1%
	IT	B	-0.09%
	ACGL	C	-0.09%
	CPRT	D	-0.09%
	ODFL	D	-0.08%
	RCL	B	-0.08%
	NVR	B	-0.07%
	TRGP	B	-0.07%
	FTV	C	-0.06%
	VST	C	-0.06%
	AXON	B	-0.06%
	PHM	B	-0.06%
	LULU	D	-0.06%
	BLDR	C	-0.05%
	WST	D	-0.05%
	SMCI	F	-0.05%
	CPAY	B	-0.05%
	DECK	C	-0.05%
	TYL	C	-0.05%
	EXPE	C	-0.04%
	CE	F	-0.03%
	LYV	B	-0.03%
	WYNN	D	-0.02%
	NCLH	C	-0.02%

IVE: Top Represented Industries & Keywords

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

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

SPYX: Top Represented Industries & Keywords

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

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