IVE vs. SSPY ETF Comparison

Comparison of iShares S&P 500 Value ETF (IVE) to Syntax Stratified LargeCap ETF (SSPY)

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

$203.74

Average Daily Volume

513,295

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	IVE	SSPY
30 Days	2.72%	4.23%
60 Days	3.94%	1.79%
90 Days	6.02%	3.72%
12 Months	26.65%	23.81%

434 Overlapping Holdings

	Symbol	Grade	Weight in IVE	Weight in SSPY	Overlap
	A	D	0.17%	0.15%	0.15%
	ABBV	D	0.86%	0.24%	0.24%
	ABNB	C	0.14%	0.12%	0.12%
	ABT	B	0.95%	0.06%	0.06%
	ACN	C	0.48%	0.13%	0.13%
	ADI	D	0.2%	0.22%	0.2%
	ADM	D	0.12%	0.37%	0.12%
	ADP	B	0.35%	0.21%	0.21%
	ADSK	A	0.15%	0.17%	0.15%
	AEE	A	0.11%	0.08%	0.08%
	AEP	D	0.24%	0.24%	0.24%
	AES	F	0.05%	0.32%	0.05%
	AFL	B	0.26%	0.2%	0.2%
	AIG	B	0.23%	0.2%	0.2%
	AIZ	A	0.05%	0.2%	0.05%
	AJG	B	0.15%	0.03%	0.03%
	AKAM	D	0.03%	0.27%	0.03%
	ALB	C	0.06%	0.05%	0.05%
	ALGN	D	0.03%	0.1%	0.03%
	ALL	A	0.24%	0.2%	0.2%
	ALLE	D	0.04%	0.08%	0.04%
	AMCR	D	0.07%	0.13%	0.07%
	AME	A	0.11%	0.13%	0.11%
	AMGN	D	0.72%	0.24%	0.24%
	AMP	A	0.12%	0.08%	0.08%
	AMT	D	0.25%	0.06%	0.06%
	ANSS	B	0.06%	0.17%	0.06%
	AON	A	0.19%	0.04%	0.04%
	AOS	F	0.02%	0.21%	0.02%
	APD	A	0.33%	0.05%	0.05%
	APH	A	0.18%	0.19%	0.18%
	APTV	D	0.07%	0.4%	0.07%
	ARE	D	0.08%	0.11%	0.08%
	ATO	A	0.11%	0.33%	0.11%
	AVB	B	0.15%	0.1%	0.1%
	AVY	D	0.07%	0.06%	0.06%
	AWK	D	0.12%	0.32%	0.12%
	AXP	A	0.23%	0.04%	0.04%
	AZO	C	0.08%	0.14%	0.08%
	BA	F	0.27%	0.16%	0.16%
	BAC	A	1.48%	0.12%	0.12%
	BALL	D	0.09%	0.13%	0.09%
	BAX	D	0.08%	0.05%	0.05%
	BBY	D	0.09%	0.17%	0.09%
	BDX	F	0.31%	0.05%	0.05%
	BEN	C	0.03%	0.09%	0.03%
	BG	F	0.06%	0.37%	0.06%
	BIIB	F	0.11%	0.24%	0.11%
	BK	A	0.27%	0.11%	0.11%
	BKR	B	0.2%	0.35%	0.2%
	BLK	C	0.68%	0.08%	0.08%
	BMY	B	0.54%	0.25%	0.25%
	BR	A	0.05%	0.11%	0.05%
	BRK.A	B	4.04%	0.5%	0.5%
	BRO	B	0.03%	0.04%	0.03%
	BSX	B	0.27%	0.06%	0.06%
	BWA	D	0.04%	0.42%	0.04%
	BX	A	0.17%	0.08%	0.08%
	BXP	D	0.05%	0.11%	0.05%
	C	A	0.62%	0.13%	0.13%
	CAG	D	0.06%	0.21%	0.06%
	CAH	B	0.14%	0.19%	0.14%
	CARR	D	0.15%	0.08%	0.08%
	CAT	B	0.37%	0.14%	0.14%
	CB	C	0.51%	0.14%	0.14%
	CBOE	B	0.04%	0.04%	0.04%
	CBRE	B	0.18%	0.04%	0.04%
	CCI	D	0.21%	0.06%	0.06%
	CCL	B	0.03%	0.09%	0.03%
	CDW	F	0.06%	0.13%	0.06%
	CEG	D	0.18%	0.38%	0.18%
	CF	B	0.03%	0.09%	0.03%
	CFG	B	0.1%	0.06%	0.06%
	CHD	B	0.07%	0.42%	0.07%
	CHRW	C	0.06%	0.09%	0.06%
	CHTR	C	0.1%	0.47%	0.1%
	CI	F	0.42%	0.19%	0.19%
	CINF	A	0.11%	0.14%	0.11%
	CL	D	0.22%	0.41%	0.22%
	CLX	B	0.1%	0.41%	0.1%
	CMCSA	B	0.78%	0.52%	0.52%
	CME	A	0.24%	0.04%	0.04%
	CMI	A	0.23%	0.08%	0.08%
	CMS	C	0.1%	0.08%	0.08%
	CNC	D	0.14%	0.26%	0.14%
	CNP	B	0.09%	0.26%	0.09%
	COF	B	0.33%	0.7%	0.33%
	COP	C	0.19%	0.07%	0.07%
	COR	B	0.2%	0.18%	0.18%
	COST	B	1.09%	0.71%	0.71%
	CPB	D	0.04%	0.2%	0.04%
	CPT	B	0.06%	0.11%	0.06%
	CRL	C	0.05%	0.14%	0.05%
	CSCO	B	1.09%	0.21%	0.21%
	CSGP	D	0.08%	0.04%	0.04%
	CSX	B	0.16%	0.08%	0.08%
	CTAS	B	0.16%	0.18%	0.16%
	CTLT	B	0.05%	0.25%	0.05%
	CTRA	B	0.03%	0.17%	0.03%
	CTSH	B	0.18%	0.13%	0.13%
	CTVA	C	0.18%	0.08%	0.08%
	CVS	D	0.31%	0.69%	0.31%
	CVX	A	1.29%	0.76%	0.76%
	CZR	F	0.02%	0.07%	0.02%
	D	C	0.23%	0.24%	0.23%
	DAL	C	0.09%	0.28%	0.09%
	DAY	B	0.03%	0.22%	0.03%
	DD	D	0.16%	0.05%	0.05%
	DE	A	0.21%	0.13%	0.13%
	DELL	C	0.08%	0.17%	0.08%
	DFS	B	0.1%	0.69%	0.1%
	DG	F	0.08%	0.17%	0.08%
	DGX	A	0.08%	0.16%	0.08%
	DHR	F	0.7%	0.1%	0.1%
	DIS	B	0.98%	0.21%	0.21%
	DLR	B	0.15%	0.26%	0.15%
	DLTR	F	0.06%	0.17%	0.06%
	DOC	D	0.07%	0.11%	0.07%
	DOV	A	0.13%	0.17%	0.13%
	DOW	F	0.15%	0.07%	0.07%
	DPZ	C	0.04%	0.52%	0.04%
	DRI	B	0.04%	0.51%	0.04%
	DTE	C	0.12%	0.25%	0.12%
	DUK	C	0.41%	0.07%	0.07%
	DVA	B	0.02%	0.11%	0.02%
	DVN	F	0.11%	0.16%	0.11%
	DXCM	D	0.06%	0.1%	0.06%
	EA	A	0.1%	0.49%	0.1%
	EBAY	D	0.14%	0.22%	0.14%
	ECL	D	0.14%	0.05%	0.05%
	ED	D	0.16%	0.24%	0.16%
	EFX	F	0.09%	0.04%	0.04%
	EG	C	0.08%	0.14%	0.08%
	EIX	B	0.15%	0.25%	0.15%
	EL	F	0.07%	0.5%	0.07%
	ELV	F	0.44%	0.24%	0.24%
	EMN	D	0.06%	0.05%	0.05%
	EMR	A	0.34%	0.03%	0.03%
	ENPH	F	0.02%	0.26%	0.02%
	EOG	A	0.12%	0.07%	0.07%
	EPAM	C	0.04%	0.13%	0.04%
	EQIX	A	0.21%	0.27%	0.21%
	EQR	B	0.12%	0.1%	0.1%
	EQT	B	0.12%	0.18%	0.12%
	ERIE	D	0.02%	0.2%	0.02%
	ES	D	0.1%	0.07%	0.07%
	ESS	B	0.09%	0.1%	0.09%
	ETN	A	0.26%	0.26%	0.26%
	ETR	B	0.15%	0.25%	0.15%
	EVRG	A	0.07%	0.08%	0.07%
	EW	C	0.12%	0.06%	0.06%
	EXC	C	0.18%	0.3%	0.18%
	EXPD	D	0.05%	0.09%	0.05%
	EXR	D	0.16%	0.11%	0.11%
	F	C	0.2%	0.25%	0.2%
	FAST	B	0.11%	0.13%	0.11%
	FCX	D	0.14%	0.3%	0.14%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.31%	0.07%	0.07%
	FE	C	0.1%	0.24%	0.1%
	FFIV	B	0.07%	0.21%	0.07%
	FI	A	0.27%	0.06%	0.06%
	FIS	C	0.23%	0.05%	0.05%
	FITB	A	0.15%	0.06%	0.06%
	FMC	D	0.03%	0.09%	0.03%
	FOX	A	0.03%	0.1%	0.03%
	FOXA	B	0.05%	0.1%	0.05%
	FRT	B	0.04%	0.06%	0.04%
	FSLR	F	0.1%	0.2%	0.1%
	GD	F	0.35%	0.16%	0.16%
	GE	D	0.51%	0.17%	0.17%
	GEHC	F	0.18%	0.1%	0.1%
	GEN	B	0.08%	0.17%	0.08%
	GEV	B	0.24%	0.18%	0.18%
	GILD	C	0.52%	0.25%	0.25%
	GIS	D	0.16%	0.21%	0.16%
	GL	B	0.05%	0.2%	0.05%
	GLW	B	0.17%	0.19%	0.17%
	GM	B	0.3%	0.25%	0.25%
	GNRC	B	0.02%	0.08%	0.02%
	GPC	D	0.08%	0.15%	0.08%
	GPN	B	0.14%	0.04%	0.04%
	GRMN	B	0.07%	0.33%	0.07%
	GS	A	0.88%	0.25%	0.25%
	GWW	B	0.06%	0.12%	0.06%
	HAL	C	0.12%	0.34%	0.12%
	HAS	D	0.04%	0.26%	0.04%
	HBAN	A	0.12%	0.06%	0.06%
	HCA	F	0.16%	0.33%	0.16%
	HD	A	1.2%	0.26%	0.26%
	HIG	B	0.16%	0.14%	0.14%
	HII	D	0.04%	0.08%	0.04%
	HOLX	D	0.09%	0.1%	0.09%
	HON	B	0.7%	0.17%	0.17%
	HPE	B	0.13%	0.19%	0.13%
	HPQ	B	0.17%	0.35%	0.17%
	HRL	D	0.04%	0.36%	0.04%
	HSIC	B	0.04%	0.2%	0.04%
	HST	C	0.02%	0.11%	0.02%
	HSY	F	0.07%	0.18%	0.07%
	HUBB	B	0.06%	0.26%	0.06%
	HUM	C	0.16%	0.26%	0.16%
	HWM	A	0.09%	0.08%	0.08%
	IBM	C	0.89%	0.34%	0.34%
	ICE	C	0.42%	0.04%	0.04%
	IDXX	F	0.07%	0.1%	0.07%
	IEX	B	0.08%	0.2%	0.08%
	IFF	D	0.1%	0.05%	0.05%
	INCY	C	0.06%	0.25%	0.06%
	INTC	D	0.49%	0.16%	0.16%
	INVH	D	0.09%	0.1%	0.09%
	IP	B	0.09%	0.06%	0.06%
	IPG	D	0.05%	0.34%	0.05%
	IQV	D	0.1%	0.14%	0.1%
	IR	B	0.04%	0.2%	0.04%
	IRM	D	0.08%	0.06%	0.06%
	ISRG	A	0.3%	0.12%	0.12%
	ITW	B	0.19%	0.17%	0.17%
	IVZ	B	0.04%	0.09%	0.04%
	J	F	0.08%	0.4%	0.08%
	JBHT	C	0.07%	0.08%	0.07%
	JBL	B	0.03%	0.38%	0.03%
	JCI	C	0.26%	0.08%	0.08%
	JKHY	D	0.06%	0.05%	0.05%
	JNJ	D	1.74%	0.24%	0.24%
	JNPR	F	0.06%	0.2%	0.06%
	JPM	A	3.28%	0.13%	0.13%
	K	A	0.1%	0.18%	0.1%
	KDP	D	0.17%	0.24%	0.17%
	KEY	B	0.08%	0.06%	0.06%
	KEYS	A	0.12%	0.21%	0.12%
	KHC	F	0.13%	0.21%	0.13%
	KIM	A	0.08%	0.06%	0.06%
	KMB	D	0.21%	0.42%	0.21%
	KMI	A	0.25%	0.25%	0.25%
	KMX	B	0.06%	0.14%	0.06%
	KO	D	0.69%	0.25%	0.25%
	KR	B	0.18%	0.74%	0.18%
	KVUE	A	0.21%	0.42%	0.21%
	L	A	0.07%	0.49%	0.07%
	LDOS	C	0.1%	0.13%	0.1%
	LEN	D	0.08%	0.25%	0.08%
	LH	C	0.09%	0.16%	0.09%
	LHX	C	0.22%	0.08%	0.08%
	LIN	D	0.49%	0.04%	0.04%
	LKQ	D	0.05%	0.14%	0.05%
	LMT	D	0.53%	0.09%	0.09%
	LNT	A	0.07%	0.08%	0.07%
	LOW	D	0.72%	0.26%	0.26%
	LUV	C	0.09%	0.25%	0.09%
	LVS	C	0.03%	0.08%	0.03%
	LW	C	0.02%	0.22%	0.02%
	LYB	F	0.1%	0.07%	0.07%
	MA	C	0.57%	0.04%	0.04%
	MAA	B	0.09%	0.1%	0.09%
	MAS	D	0.04%	0.19%	0.04%
	MCD	D	0.55%	0.5%	0.5%
	MCHP	D	0.06%	0.14%	0.06%
	MCK	B	0.37%	0.18%	0.18%
	MCO	B	0.18%	0.04%	0.04%
	MDLZ	F	0.23%	0.18%	0.18%
	MDT	D	0.53%	0.06%	0.06%
	MET	A	0.23%	0.21%	0.21%
	MGM	D	0.01%	0.07%	0.01%
	MHK	D	0.03%	0.19%	0.03%
	MKC	D	0.09%	0.21%	0.09%
	MKTX	D	0.05%	0.04%	0.04%
	MLM	B	0.06%	0.17%	0.06%
	MMC	B	0.25%	0.04%	0.04%
	MMM	D	0.33%	0.17%	0.17%
	MNST	C	0.07%	0.25%	0.07%
	MO	A	0.45%	0.35%	0.35%
	MOH	F	0.03%	0.25%	0.03%
	MOS	F	0.04%	0.08%	0.04%
	MPC	D	0.11%	0.49%	0.11%
	MRK	F	0.69%	0.24%	0.24%
	MRNA	F	0.06%	0.24%	0.06%
	MRO	B	0.04%	0.07%	0.04%
	MS	A	0.78%	0.26%	0.26%
	MSCI	C	0.09%	0.04%	0.04%
	MSI	B	0.16%	0.49%	0.16%
	MTB	A	0.17%	0.06%	0.06%
	MTCH	D	0.04%	0.47%	0.04%
	MTD	D	0.07%	0.15%	0.07%
	MU	D	0.5%	0.15%	0.15%
	NDAQ	A	0.15%	0.04%	0.04%
	NDSN	B	0.07%	0.03%	0.03%
	NEE	D	0.74%	0.24%	0.24%
	NEM	D	0.22%	0.25%	0.22%
	NI	A	0.08%	0.33%	0.08%
	NKE	D	0.25%	0.33%	0.25%
	NOC	D	0.32%	0.09%	0.09%
	NRG	B	0.09%	0.33%	0.09%
	NSC	B	0.28%	0.08%	0.08%
	NTAP	C	0.07%	0.17%	0.07%
	NTRS	A	0.1%	0.08%	0.08%
	NUE	C	0.06%	0.26%	0.06%
	NWS	B	0.02%	0.1%	0.02%
	NWSA	B	0.05%	0.1%	0.05%
	NXPI	D	0.07%	0.23%	0.07%
	O	D	0.23%	0.07%	0.07%
	OKE	A	0.11%	0.24%	0.11%
	OMC	C	0.09%	0.34%	0.09%
	ON	D	0.07%	0.23%	0.07%
	ORLY	B	0.09%	0.14%	0.09%
	OTIS	C	0.11%	0.08%	0.08%
	OXY	D	0.16%	0.07%	0.07%
	PARA	C	0.03%	0.2%	0.03%
	PAYC	B	0.03%	0.22%	0.03%
	PAYX	C	0.13%	0.21%	0.13%
	PCAR	B	0.07%	0.13%	0.07%
	PCG	A	0.21%	0.08%	0.08%
	PEG	A	0.21%	0.26%	0.21%
	PEP	F	0.65%	0.18%	0.18%
	PFE	D	0.66%	0.24%	0.24%
	PFG	D	0.09%	0.21%	0.09%
	PG	A	1.14%	0.42%	0.42%
	PGR	A	0.35%	0.19%	0.19%
	PH	A	0.09%	0.08%	0.08%
	PKG	A	0.1%	0.06%	0.06%
	PLD	D	0.49%	0.06%	0.06%
	PM	B	0.59%	0.35%	0.35%
	PNC	B	0.39%	0.06%	0.06%
	PNR	A	0.02%	0.19%	0.02%
	PNW	B	0.05%	0.07%	0.05%
	PODD	C	0.05%	0.1%	0.05%
	POOL	C	0.03%	0.13%	0.03%
	PPG	F	0.13%	0.07%	0.07%
	PPL	B	0.12%	0.08%	0.08%
	PRU	A	0.21%	0.2%	0.2%
	PSA	D	0.14%	0.11%	0.11%
	PSX	C	0.26%	0.51%	0.26%
	PTC	A	0.04%	0.17%	0.04%
	PWR	A	0.07%	0.4%	0.07%
	PYPL	B	0.41%	0.06%	0.06%
	QCOM	F	0.4%	0.22%	0.22%
	QRVO	F	0.03%	0.21%	0.03%
	REG	B	0.06%	0.06%	0.06%
	REGN	F	0.15%	0.22%	0.15%
	RF	A	0.11%	0.06%	0.06%
	RJF	A	0.14%	0.25%	0.14%
	RL	B	0.02%	0.32%	0.02%
	RMD	C	0.16%	0.09%	0.09%
	ROK	B	0.08%	0.03%	0.03%
	ROL	B	0.04%	0.18%	0.04%
	ROP	B	0.16%	0.03%	0.03%
	RSG	A	0.09%	0.18%	0.09%
	RTX	C	0.74%	0.08%	0.08%
	RVTY	F	0.06%	0.1%	0.06%
	SBAC	D	0.07%	0.06%	0.06%
	SBUX	A	0.21%	0.48%	0.21%
	SCHW	B	0.57%	0.25%	0.25%
	SHW	A	0.21%	0.06%	0.06%
	SJM	D	0.05%	0.21%	0.05%
	SLB	C	0.29%	0.35%	0.29%
	SNA	A	0.05%	0.25%	0.05%
	SO	D	0.45%	0.08%	0.08%
	SOLV	C	0.04%	0.05%	0.04%
	SPG	B	0.16%	0.07%	0.07%
	SPGI	C	0.42%	0.04%	0.04%
	SRE	A	0.27%	0.08%	0.08%
	STE	F	0.04%	0.12%	0.04%
	STLD	B	0.03%	0.27%	0.03%
	STT	A	0.13%	0.12%	0.12%
	STX	D	0.06%	0.17%	0.06%
	STZ	D	0.17%	0.25%	0.17%
	SW	A	0.12%	0.07%	0.07%
	SWK	D	0.06%	0.27%	0.06%
	SWKS	F	0.06%	0.21%	0.06%
	SYF	B	0.12%	0.69%	0.12%
	SYK	C	0.23%	0.12%	0.12%
	SYY	B	0.17%	0.75%	0.17%
	T	A	0.76%	0.33%	0.33%
	TAP	C	0.05%	0.25%	0.05%
	TDY	B	0.1%	0.03%	0.03%
	TECH	D	0.05%	0.15%	0.05%
	TEL	B	0.13%	0.19%	0.13%
	TER	D	0.08%	0.17%	0.08%
	TFC	A	0.29%	0.06%	0.06%
	TFX	F	0.04%	0.05%	0.04%
	TGT	F	0.33%	0.17%	0.17%
	TJX	A	0.22%	0.72%	0.22%
	TMO	F	0.57%	0.14%	0.14%
	TMUS	B	0.54%	0.33%	0.33%
	TPR	B	0.06%	0.33%	0.06%
	TRMB	B	0.08%	0.03%	0.03%
	TROW	B	0.12%	0.09%	0.09%
	TRV	B	0.28%	0.14%	0.14%
	TSCO	D	0.08%	0.12%	0.08%
	TSN	B	0.09%	0.36%	0.09%
	TT	A	0.13%	0.07%	0.07%
	TTWO	A	0.07%	0.49%	0.07%
	TXN	C	0.54%	0.23%	0.23%
	TXT	D	0.07%	0.16%	0.07%
	UAL	A	0.14%	0.28%	0.14%
	UDR	B	0.06%	0.1%	0.06%
	UHS	D	0.06%	0.32%	0.06%
	ULTA	F	0.03%	0.17%	0.03%
	UNH	C	1.59%	0.26%	0.26%
	UNP	C	0.37%	0.08%	0.08%
	UPS	C	0.46%	0.09%	0.09%
	USB	A	0.37%	0.06%	0.06%
	V	A	0.83%	0.04%	0.04%
	VICI	C	0.16%	0.06%	0.06%
	VLO	C	0.21%	0.5%	0.21%
	VLTO	D	0.12%	0.03%	0.03%
	VMC	B	0.06%	0.17%	0.06%
	VRSK	A	0.08%	0.04%	0.04%
	VRSN	F	0.04%	0.27%	0.04%
	VRTX	F	0.2%	0.23%	0.2%
	VTR	C	0.12%	0.11%	0.11%
	VTRS	A	0.07%	0.24%	0.07%
	VZ	C	0.82%	0.33%	0.33%
	WAB	B	0.16%	0.13%	0.13%
	WAT	B	0.06%	0.15%	0.06%
	WBA	F	0.03%	0.64%	0.03%
	WBD	C	0.1%	0.19%	0.1%
	WDC	D	0.1%	0.17%	0.1%
	WEC	A	0.15%	0.07%	0.07%
	WELL	A	0.37%	0.11%	0.11%
	WFC	A	1.19%	0.13%	0.13%
	WM	A	0.2%	0.18%	0.18%
	WMB	A	0.2%	0.25%	0.2%
	WMT	A	1.72%	0.73%	0.73%
	WRB	A	0.09%	0.14%	0.09%
	WTW	B	0.15%	0.03%	0.03%
	WY	D	0.11%	0.17%	0.11%
	XEL	A	0.18%	0.08%	0.08%
	XOM	B	2.49%	0.77%	0.77%
	XYL	D	0.14%	0.19%	0.14%
	YUM	B	0.1%	0.51%	0.1%
	ZBH	C	0.11%	0.12%	0.11%
	ZBRA	B	0.09%	0.13%	0.09%
	ZTS	D	0.17%	0.25%	0.17%

IVE Overweight 2 Positions Relative to SSPY

	Symbol	Grade	Weight
	COO	D	0.05%
	AMTM	D	0.01%

IVE Underweight 66 Positions Relative to SSPY

	Symbol	Grade	Weight
	ROST	C	-0.72%
	CMG	B	-0.5%
	AAPL	C	-0.5%
	META	D	-0.47%
	VST	B	-0.41%
	CRM	B	-0.35%
	ORCL	B	-0.34%
	SNPS	B	-0.34%
	CDNS	B	-0.33%
	MSFT	F	-0.32%
	LULU	C	-0.31%
	DECK	A	-0.3%
	TSLA	B	-0.28%
	GDDY	A	-0.27%
	NVR	D	-0.26%
	PHM	D	-0.25%
	DHI	D	-0.24%
	TRGP	B	-0.24%
	AVGO	D	-0.23%
	PLTR	B	-0.23%
	CPRT	A	-0.23%
	GOOGL	C	-0.23%
	GOOG	C	-0.23%
	LLY	F	-0.23%
	TYL	B	-0.22%
	NFLX	A	-0.22%
	AMZN	C	-0.22%
	NOW	A	-0.22%
	MPWR	F	-0.22%
	ANET	C	-0.21%
	INTU	C	-0.2%
	BLDR	D	-0.19%
	BBWI	D	-0.19%
	AMAT	F	-0.18%
	CRWD	B	-0.18%
	FTNT	C	-0.17%
	KLAC	D	-0.17%
	PANW	C	-0.16%
	ADBE	C	-0.16%
	SMCI	F	-0.15%
	URI	B	-0.14%
	ACGL	D	-0.14%
	AMD	F	-0.14%
	IT	C	-0.13%
	NVDA	C	-0.13%
	HLT	A	-0.12%
	MAR	B	-0.12%
	EXPE	B	-0.12%
	BKNG	A	-0.11%
	UBER	D	-0.11%
	AXON	A	-0.09%
	RCL	A	-0.09%
	KKR	A	-0.09%
	NCLH	B	-0.09%
	LYV	A	-0.09%
	TDG	D	-0.08%
	WYNN	D	-0.08%
	ODFL	B	-0.08%
	FANG	D	-0.07%
	APA	D	-0.07%
	HES	B	-0.07%
	CE	F	-0.07%
	FICO	B	-0.05%
	WST	C	-0.05%
	CPAY	A	-0.04%
	FTV	C	-0.03%

IVE: Top Represented Industries & Keywords

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

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

SSPY: 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 Aerospace Chemical Medicine Real Estate Investment Trust Telecommunications Bank Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank