IWB vs. AVLC ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Avantis U.S. Large Cap Equity ETF (AVLC)

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities. 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 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$322.01

Average Daily Volume

813,897

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$68.13

Average Daily Volume

18,947

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

Performance

Period	IWB	AVLC
30 Days	2.70%	3.03%
60 Days	6.47%	7.23%
90 Days	7.98%	8.29%
12 Months	34.14%	33.04%

848 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in AVLC	Overlap
	A	F	0.07%	0.06%	0.06%
	AA	C	0.02%	0.04%	0.02%
	AAL	B	0.02%	0.01%	0.01%
	AAON	B	0.02%	0.04%	0.02%
	AAPL	C	5.97%	5.32%	5.32%
	ABBV	F	0.64%	0.45%	0.45%
	ABNB	C	0.11%	0.08%	0.08%
	ABT	C	0.37%	0.2%	0.2%
	ACGL	C	0.07%	0.14%	0.07%
	ACHC	F	0.01%	0.01%	0.01%
	ACM	B	0.03%	0.02%	0.02%
	ACN	B	0.4%	0.31%	0.31%
	ADBE	C	0.4%	0.31%	0.31%
	ADI	D	0.2%	0.16%	0.16%
	ADM	F	0.05%	0.11%	0.05%
	ADP	A	0.23%	0.36%	0.23%
	ADSK	B	0.12%	0.09%	0.09%
	AEE	B	0.04%	0.08%	0.04%
	AEP	D	0.09%	0.14%	0.09%
	AES	F	0.02%	0.06%	0.02%
	AFG	A	0.02%	0.06%	0.02%
	AFL	C	0.11%	0.19%	0.11%
	AFRM	B	0.02%	0.02%	0.02%
	AGCO	F	0.01%	0.04%	0.01%
	AGO	B	0.01%	0.0%	0.0%
	AGR	C	0.0%	0.01%	0.0%
	AIG	B	0.09%	0.21%	0.09%
	AIZ	A	0.02%	0.05%	0.02%
	AJG	A	0.11%	0.05%	0.05%
	AKAM	F	0.02%	0.04%	0.02%
	AL	B	0.01%	0.01%	0.01%
	ALB	C	0.02%	0.01%	0.01%
	ALGM	F	0.0%	0.0%	0.0%
	ALGN	D	0.03%	0.04%	0.03%
	ALK	A	0.01%	0.03%	0.01%
	ALL	B	0.09%	0.19%	0.09%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.06%	0.02%
	ALNY	D	0.06%	0.04%	0.04%
	ALSN	B	0.02%	0.02%	0.02%
	AM	B	0.01%	0.03%	0.01%
	AMAT	F	0.29%	0.38%	0.29%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.43%	0.34%	0.34%
	AME	A	0.08%	0.05%	0.05%
	AMG	B	0.01%	0.0%	0.0%
	AMGN	F	0.32%	0.21%	0.21%
	AMKR	F	0.01%	0.02%	0.01%
	AMP	A	0.1%	0.26%	0.1%
	AMZN	A	3.5%	2.98%	2.98%
	AN	C	0.01%	0.01%	0.01%
	ANET	C	0.19%	0.17%	0.17%
	ANSS	B	0.05%	0.04%	0.04%
	AON	B	0.14%	0.09%	0.09%
	AOS	F	0.02%	0.04%	0.02%
	APA	F	0.01%	0.03%	0.01%
	APD	B	0.13%	0.22%	0.13%
	APG	C	0.02%	0.0%	0.0%
	APH	B	0.16%	0.13%	0.13%
	APLS	F	0.01%	0.0%	0.0%
	APO	B	0.15%	0.16%	0.15%
	APP	B	0.14%	0.14%	0.14%
	APPF	B	0.01%	0.01%	0.01%
	APTV	F	0.03%	0.04%	0.03%
	AR	B	0.02%	0.03%	0.02%
	ARES	B	0.06%	0.02%	0.02%
	ARMK	B	0.02%	0.02%	0.02%
	ARW	F	0.01%	0.05%	0.01%
	ATI	F	0.01%	0.06%	0.01%
	ATO	B	0.04%	0.05%	0.04%
	ATR	A	0.02%	0.05%	0.02%
	AVGO	C	1.51%	1.18%	1.18%
	AVTR	F	0.03%	0.01%	0.01%
	AVY	F	0.03%	0.03%	0.03%
	AWI	B	0.01%	0.04%	0.01%
	AWK	D	0.05%	0.03%	0.03%
	AXON	B	0.08%	0.04%	0.04%
	AXP	B	0.29%	0.4%	0.29%
	AXS	A	0.01%	0.05%	0.01%
	AXTA	A	0.02%	0.04%	0.02%
	AYI	A	0.02%	0.04%	0.02%
	AZEK	B	0.01%	0.01%	0.01%
	AZO	B	0.1%	0.05%	0.05%
	BA	F	0.19%	0.06%	0.06%
	BAC	A	0.55%	0.41%	0.41%
	BAH	C	0.04%	0.03%	0.03%
	BALL	D	0.03%	0.06%	0.03%
	BAX	F	0.03%	0.02%	0.02%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	C	0.03%	0.12%	0.03%
	BC	D	0.01%	0.02%	0.01%
	BDX	F	0.12%	0.05%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BERY	D	0.01%	0.01%	0.01%
	BFAM	F	0.01%	0.0%	0.0%
	BG	D	0.02%	0.08%	0.02%
	BIIB	F	0.05%	0.03%	0.03%
	BILL	B	0.01%	0.01%	0.01%
	BIO	C	0.01%	0.01%	0.01%
	BIRK	F	0.0%	0.0%	0.0%
	BJ	B	0.02%	0.08%	0.02%
	BK	B	0.1%	0.18%	0.1%
	BKNG	A	0.31%	0.13%	0.13%
	BKR	B	0.08%	0.18%	0.08%
	BLD	F	0.02%	0.03%	0.02%
	BLDR	C	0.04%	0.07%	0.04%
	BMRN	F	0.02%	0.03%	0.02%
	BMY	B	0.2%	0.17%	0.17%
	BOKF	B	0.0%	0.01%	0.0%
	BPOP	C	0.01%	0.03%	0.01%
	BR	A	0.05%	0.04%	0.04%
	BRBR	A	0.02%	0.01%	0.01%
	BRK.A	B	1.54%	0.66%	0.66%
	BRKR	F	0.01%	0.02%	0.01%
	BRO	B	0.05%	0.02%	0.02%
	BROS	B	0.01%	0.01%	0.01%
	BSX	A	0.23%	0.12%	0.12%
	BSY	F	0.01%	0.01%	0.01%
	BURL	C	0.03%	0.11%	0.03%
	BWA	B	0.01%	0.05%	0.01%
	BWXT	B	0.02%	0.06%	0.02%
	BX	A	0.23%	0.1%	0.1%
	BYD	A	0.01%	0.01%	0.01%
	C	B	0.24%	0.22%	0.22%
	CACC	D	0.0%	0.01%	0.0%
	CACI	C	0.02%	0.01%	0.01%
	CAG	F	0.02%	0.01%	0.01%
	CAH	B	0.05%	0.03%	0.03%
	CAR	C	0.0%	0.0%	0.0%
	CARR	C	0.12%	0.06%	0.06%
	CASY	B	0.03%	0.08%	0.03%
	CAT	B	0.35%	0.55%	0.35%
	CB	C	0.21%	0.22%	0.21%
	CBOE	D	0.04%	0.03%	0.03%
	CBRE	B	0.08%	0.06%	0.06%
	CBSH	A	0.01%	0.04%	0.01%
	CCK	D	0.02%	0.02%	0.02%
	CCL	B	0.04%	0.12%	0.04%
	CDNS	B	0.15%	0.12%	0.12%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.14%	0.12%	0.12%
	CELH	F	0.01%	0.02%	0.01%
	CF	B	0.03%	0.09%	0.03%
	CFG	B	0.04%	0.08%	0.04%
	CFLT	B	0.01%	0.01%	0.01%
	CFR	B	0.01%	0.04%	0.01%
	CG	B	0.02%	0.02%	0.02%
	CGNX	C	0.01%	0.02%	0.01%
	CHD	A	0.05%	0.05%	0.05%
	CHDN	B	0.02%	0.02%	0.02%
	CHE	D	0.02%	0.02%	0.02%
	CHH	B	0.01%	0.02%	0.01%
	CHRD	D	0.01%	0.05%	0.01%
	CHRW	A	0.02%	0.02%	0.02%
	CHTR	B	0.07%	0.05%	0.05%
	CI	D	0.16%	0.07%	0.07%
	CIEN	B	0.02%	0.03%	0.02%
	CINF	A	0.04%	0.07%	0.04%
	CIVI	D	0.01%	0.04%	0.01%
	CL	F	0.14%	0.18%	0.14%
	CLF	F	0.01%	0.04%	0.01%
	CLH	B	0.02%	0.04%	0.02%
	CLX	A	0.04%	0.06%	0.04%
	CMA	A	0.02%	0.06%	0.02%
	CMCSA	B	0.3%	0.38%	0.3%
	CME	B	0.15%	0.11%	0.11%
	CMG	B	0.15%	0.23%	0.15%
	CMI	A	0.09%	0.2%	0.09%
	CMS	D	0.04%	0.06%	0.04%
	CNA	C	0.0%	0.0%	0.0%
	CNC	F	0.06%	0.08%	0.06%
	CNM	D	0.02%	0.02%	0.02%
	CNP	B	0.03%	0.02%	0.02%
	CNXC	F	0.0%	0.0%	0.0%
	COF	B	0.13%	0.23%	0.13%
	COHR	C	0.03%	0.03%	0.03%
	COIN	B	0.1%	0.07%	0.07%
	COKE	C	0.01%	0.06%	0.01%
	COLB	A	0.01%	0.0%	0.0%
	COP	C	0.24%	0.38%	0.24%
	COR	B	0.07%	0.09%	0.07%
	COST	B	0.76%	0.93%	0.76%
	COTY	D	0.01%	0.0%	0.0%
	CPAY	A	0.05%	0.04%	0.04%
	CPB	F	0.02%	0.01%	0.01%
	CPNG	B	0.05%	0.12%	0.05%
	CPRT	A	0.09%	0.09%	0.09%
	CR	B	0.02%	0.01%	0.01%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.55%	0.4%	0.4%
	CROX	F	0.01%	0.05%	0.01%
	CRUS	F	0.01%	0.04%	0.01%
	CRWD	B	0.14%	0.1%	0.1%
	CSCO	A	0.43%	0.3%	0.3%
	CSGP	F	0.06%	0.04%	0.04%
	CSL	B	0.04%	0.13%	0.04%
	CSX	B	0.13%	0.26%	0.13%
	CTAS	B	0.14%	0.11%	0.11%
	CTLT	D	0.02%	0.03%	0.02%
	CTRA	B	0.03%	0.1%	0.03%
	CTSH	A	0.07%	0.12%	0.07%
	CTVA	C	0.07%	0.08%	0.07%
	CVNA	B	0.05%	0.09%	0.05%
	CVS	F	0.13%	0.05%	0.05%
	CVX	A	0.49%	0.63%	0.49%
	CW	C	0.03%	0.03%	0.03%
	CWEN	D	0.0%	0.01%	0.0%
	CWEN	D	0.0%	0.0%	0.0%
	CWEN	D	0.0%	0.01%	0.0%
	CWEN	D	0.0%	0.0%	0.0%
	CZR	F	0.02%	0.0%	0.0%
	D	D	0.09%	0.05%	0.05%
	DAL	A	0.07%	0.22%	0.07%
	DAR	B	0.01%	0.02%	0.01%
	DASH	A	0.11%	0.06%	0.06%
	DAY	B	0.02%	0.0%	0.0%
	DBX	B	0.01%	0.01%	0.01%
	DCI	A	0.02%	0.06%	0.02%
	DD	D	0.06%	0.07%	0.06%
	DDOG	B	0.07%	0.05%	0.05%
	DDS	B	0.0%	0.01%	0.0%
	DE	D	0.18%	0.32%	0.18%
	DECK	B	0.05%	0.16%	0.05%
	DELL	C	0.07%	0.06%	0.06%
	DFS	B	0.08%	0.08%	0.08%
	DG	F	0.03%	0.06%	0.03%
	DGX	B	0.03%	0.01%	0.01%
	DHI	D	0.09%	0.12%	0.09%
	DHR	F	0.29%	0.13%	0.13%
	DINO	D	0.01%	0.04%	0.01%
	DIS	B	0.33%	0.17%	0.17%
	DKNG	B	0.03%	0.01%	0.01%
	DKS	D	0.02%	0.08%	0.02%
	DLB	D	0.01%	0.01%	0.01%
	DLTR	F	0.02%	0.07%	0.02%
	DOCS	B	0.01%	0.02%	0.01%
	DOCU	B	0.03%	0.05%	0.03%
	DOV	A	0.05%	0.03%	0.03%
	DOW	F	0.06%	0.15%	0.06%
	DOX	C	0.02%	0.03%	0.02%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.1%	0.04%
	DT	C	0.03%	0.02%	0.02%
	DTE	D	0.04%	0.07%	0.04%
	DTM	A	0.02%	0.03%	0.02%
	DUK	D	0.16%	0.16%	0.16%
	DUOL	A	0.02%	0.01%	0.01%
	DVA	C	0.01%	0.01%	0.01%
	DVN	F	0.04%	0.14%	0.04%
	DXC	B	0.01%	0.0%	0.0%
	DXCM	C	0.05%	0.04%	0.04%
	EA	A	0.08%	0.06%	0.06%
	EBAY	C	0.06%	0.14%	0.06%
	ECL	C	0.11%	0.06%	0.06%
	ED	D	0.06%	0.09%	0.06%
	EEFT	C	0.01%	0.0%	0.0%
	EFX	F	0.06%	0.02%	0.02%
	EG	D	0.03%	0.07%	0.03%
	EHC	B	0.02%	0.03%	0.02%
	EIX	C	0.06%	0.09%	0.06%
	EL	F	0.03%	0.02%	0.02%
	ELAN	C	0.01%	0.01%	0.01%
	ELF	C	0.01%	0.0%	0.0%
	ELV	F	0.18%	0.14%	0.14%
	EME	B	0.04%	0.15%	0.04%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.13%	0.05%	0.05%
	ENPH	F	0.02%	0.01%	0.01%
	ENTG	F	0.03%	0.02%	0.02%
	EOG	A	0.14%	0.28%	0.14%
	EPAM	B	0.02%	0.04%	0.02%
	EQH	B	0.03%	0.09%	0.03%
	EQT	B	0.04%	0.1%	0.04%
	ES	D	0.04%	0.02%	0.02%
	ESAB	B	0.01%	0.01%	0.01%
	ESI	B	0.01%	0.0%	0.0%
	ESTC	C	0.01%	0.01%	0.01%
	ETN	B	0.26%	0.14%	0.14%
	ETR	B	0.06%	0.12%	0.06%
	ETSY	D	0.01%	0.0%	0.0%
	EVR	B	0.02%	0.04%	0.02%
	EVRG	A	0.03%	0.05%	0.03%
	EW	F	0.07%	0.08%	0.07%
	EWBC	B	0.03%	0.08%	0.03%
	EXAS	F	0.02%	0.01%	0.01%
	EXC	C	0.07%	0.1%	0.07%
	EXEL	B	0.02%	0.03%	0.02%
	EXP	B	0.02%	0.08%	0.02%
	EXPD	C	0.03%	0.09%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	F	C	0.08%	0.2%	0.08%
	FAF	C	0.01%	0.03%	0.01%
	FANG	C	0.06%	0.17%	0.06%
	FAST	B	0.09%	0.2%	0.09%
	FBIN	F	0.02%	0.02%	0.02%
	FCN	F	0.01%	0.02%	0.01%
	FCNCA	B	0.05%	0.12%	0.05%
	FCX	F	0.12%	0.21%	0.12%
	FDS	A	0.03%	0.04%	0.03%
	FDX	B	0.12%	0.25%	0.12%
	FE	D	0.04%	0.02%	0.02%
	FFIV	B	0.03%	0.03%	0.03%
	FHN	A	0.02%	0.04%	0.02%
	FI	A	0.22%	0.07%	0.07%
	FICO	B	0.1%	0.07%	0.07%
	FIS	B	0.09%	0.06%	0.06%
	FITB	A	0.06%	0.13%	0.06%
	FIVE	F	0.01%	0.02%	0.01%
	FIX	B	0.03%	0.1%	0.03%
	FLO	F	0.01%	0.0%	0.0%
	FLS	B	0.01%	0.02%	0.01%
	FMC	F	0.01%	0.04%	0.01%
	FNB	B	0.01%	0.0%	0.0%
	FND	F	0.02%	0.05%	0.02%
	FNF	C	0.03%	0.08%	0.03%
	FOUR	B	0.01%	0.01%	0.01%
	FOX	A	0.01%	0.02%	0.01%
	FOXA	A	0.02%	0.04%	0.02%
	FRPT	B	0.01%	0.02%	0.01%
	FSLR	F	0.04%	0.11%	0.04%
	FTI	B	0.02%	0.08%	0.02%
	FTNT	B	0.1%	0.19%	0.1%
	FTV	C	0.05%	0.01%	0.01%
	FYBR	D	0.02%	0.05%	0.02%
	G	B	0.02%	0.02%	0.02%
	GAP	B	0.01%	0.04%	0.01%
	GD	C	0.15%	0.05%	0.05%
	GDDY	B	0.05%	0.07%	0.05%
	GE	D	0.36%	0.19%	0.19%
	GEHC	D	0.07%	0.03%	0.03%
	GEV	B	0.17%	0.14%	0.14%
	GFS	C	0.01%	0.01%	0.01%
	GGG	B	0.03%	0.05%	0.03%
	GILD	B	0.22%	0.38%	0.22%
	GIS	F	0.07%	0.03%	0.03%
	GL	B	0.02%	0.06%	0.02%
	GLOB	B	0.02%	0.02%	0.02%
	GLW	B	0.07%	0.09%	0.07%
	GM	B	0.11%	0.29%	0.11%
	GME	C	0.02%	0.02%	0.02%
	GMED	B	0.02%	0.03%	0.02%
	GNRC	B	0.02%	0.06%	0.02%
	GNTX	C	0.01%	0.03%	0.01%
	GOOG	C	1.6%	1.32%	1.32%
	GOOGL	C	1.9%	1.59%	1.59%
	GPC	D	0.03%	0.06%	0.03%
	GPK	D	0.02%	0.06%	0.02%
	GPN	B	0.05%	0.01%	0.01%
	GRMN	A	0.06%	0.09%	0.06%
	GS	B	0.34%	0.43%	0.34%
	GTLB	B	0.01%	0.01%	0.01%
	GWRE	A	0.03%	0.03%	0.03%
	GWW	B	0.09%	0.23%	0.09%
	GXO	B	0.01%	0.01%	0.01%
	H	B	0.01%	0.01%	0.01%
	HAL	C	0.05%	0.13%	0.05%
	HAS	D	0.02%	0.02%	0.02%
	HBAN	A	0.05%	0.11%	0.05%
	HCA	D	0.12%	0.06%	0.06%
	HCP	A	0.01%	0.0%	0.0%
	HD	B	0.73%	0.56%	0.56%
	HEI	A	0.02%	0.01%	0.01%
	HEI	A	0.03%	0.01%	0.01%
	HEI	A	0.02%	0.0%	0.0%
	HEI	A	0.03%	0.0%	0.0%
	HES	B	0.07%	0.19%	0.07%
	HIG	C	0.06%	0.19%	0.06%
	HII	F	0.01%	0.04%	0.01%
	HLI	B	0.02%	0.02%	0.02%
	HLT	A	0.11%	0.05%	0.05%
	HOLX	D	0.03%	0.03%	0.03%
	HON	B	0.26%	0.14%	0.14%
	HOOD	B	0.04%	0.05%	0.04%
	HPE	B	0.05%	0.08%	0.05%
	HPQ	B	0.07%	0.05%	0.05%
	HRB	D	0.01%	0.04%	0.01%
	HRL	F	0.02%	0.02%	0.02%
	HSIC	F	0.02%	0.01%	0.01%
	HSY	F	0.05%	0.09%	0.05%
	HUBB	C	0.05%	0.04%	0.04%
	HUBS	B	0.06%	0.05%	0.05%
	HUM	D	0.06%	0.05%	0.05%
	HWM	B	0.08%	0.05%	0.05%
	HXL	F	0.01%	0.01%	0.01%
	IBKR	A	0.03%	0.02%	0.02%
	IBM	D	0.36%	0.27%	0.27%
	ICE	C	0.16%	0.07%	0.07%
	IDA	A	0.01%	0.01%	0.01%
	IDXX	F	0.06%	0.11%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.04%	0.06%	0.04%
	ILMN	C	0.04%	0.04%	0.04%
	INCY	B	0.02%	0.03%	0.02%
	INFA	F	0.0%	0.0%	0.0%
	INGR	B	0.02%	0.07%	0.02%
	INSP	F	0.01%	0.0%	0.0%
	INTC	C	0.2%	0.17%	0.17%
	INTU	A	0.34%	0.26%	0.26%
	IONS	F	0.01%	0.01%	0.01%
	IP	B	0.04%	0.13%	0.04%
	IPG	F	0.02%	0.01%	0.01%
	IPGP	C	0.0%	0.0%	0.0%
	IQV	F	0.07%	0.04%	0.04%
	IR	A	0.07%	0.05%	0.05%
	ISRG	A	0.34%	0.17%	0.17%
	IT	B	0.07%	0.09%	0.07%
	ITCI	B	0.02%	0.02%	0.02%
	ITT	A	0.02%	0.04%	0.02%
	ITW	B	0.15%	0.12%	0.12%
	IVZ	B	0.01%	0.02%	0.01%
	J	D	0.03%	0.01%	0.01%
	JAZZ	B	0.01%	0.04%	0.01%
	JBHT	C	0.03%	0.08%	0.03%
	JBL	C	0.03%	0.11%	0.03%
	JCI	A	0.1%	0.04%	0.04%
	JEF	B	0.02%	0.08%	0.02%
	JHG	A	0.01%	0.02%	0.01%
	JKHY	C	0.02%	0.04%	0.02%
	JLL	C	0.02%	0.05%	0.02%
	JNJ	D	0.68%	0.6%	0.6%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	A	1.23%	1.17%	1.17%
	K	A	0.04%	0.03%	0.03%
	KBR	D	0.02%	0.01%	0.01%
	KD	A	0.01%	0.04%	0.01%
	KDP	C	0.07%	0.05%	0.05%
	KEX	A	0.01%	0.04%	0.01%
	KEY	B	0.03%	0.06%	0.03%
	KEYS	C	0.05%	0.07%	0.05%
	KHC	F	0.05%	0.05%	0.05%
	KKR	B	0.19%	0.15%	0.15%
	KLAC	F	0.17%	0.22%	0.17%
	KMB	D	0.08%	0.14%	0.08%
	KMI	B	0.09%	0.1%	0.09%
	KMX	B	0.02%	0.05%	0.02%
	KNSL	C	0.02%	0.05%	0.02%
	KNX	C	0.02%	0.04%	0.02%
	KO	F	0.45%	0.4%	0.4%
	KR	A	0.07%	0.2%	0.07%
	KVUE	A	0.08%	0.06%	0.06%
	L	A	0.03%	0.07%	0.03%
	LAD	B	0.02%	0.03%	0.02%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.02%	0.02%	0.02%
	LCID	F	0.0%	0.01%	0.0%
	LDOS	C	0.05%	0.03%	0.03%
	LEA	F	0.01%	0.03%	0.01%
	LECO	C	0.02%	0.06%	0.02%
	LEN	D	0.07%	0.18%	0.07%
	LEN	D	0.07%	0.01%	0.01%
	LEN	D	0.0%	0.18%	0.0%
	LEN	D	0.0%	0.01%	0.0%
	LFUS	D	0.01%	0.02%	0.01%
	LH	B	0.04%	0.04%	0.04%
	LHX	B	0.09%	0.03%	0.03%
	LII	B	0.04%	0.1%	0.04%
	LIN	D	0.4%	0.21%	0.21%
	LKQ	C	0.02%	0.01%	0.01%
	LLY	F	1.2%	0.78%	0.78%
	LMT	D	0.22%	0.22%	0.22%
	LNC	B	0.01%	0.01%	0.01%
	LNG	B	0.09%	0.22%	0.09%
	LNT	C	0.03%	0.03%	0.03%
	LNW	F	0.02%	0.02%	0.02%
	LOW	B	0.28%	0.12%	0.12%
	LPLA	A	0.04%	0.1%	0.04%
	LPX	A	0.01%	0.06%	0.01%
	LRCX	F	0.19%	0.37%	0.19%
	LSCC	D	0.01%	0.01%	0.01%
	LSTR	B	0.01%	0.04%	0.01%
	LULU	B	0.07%	0.15%	0.07%
	LUV	B	0.03%	0.08%	0.03%
	LVS	C	0.03%	0.09%	0.03%
	LW	B	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.12%	0.04%
	LYFT	B	0.01%	0.01%	0.01%
	LYV	A	0.04%	0.02%	0.02%
	M	C	0.01%	0.02%	0.01%
	MA	B	0.78%	0.65%	0.65%
	MANH	C	0.03%	0.06%	0.03%
	MAR	A	0.12%	0.05%	0.05%
	MAS	D	0.03%	0.02%	0.02%
	MASI	B	0.01%	0.02%	0.01%
	MAT	C	0.01%	0.03%	0.01%
	MCD	C	0.39%	0.16%	0.16%
	MCHP	F	0.07%	0.05%	0.05%
	MCK	B	0.14%	0.07%	0.07%
	MCO	C	0.14%	0.1%	0.1%
	MDB	C	0.04%	0.03%	0.03%
	MDLZ	F	0.16%	0.09%	0.09%
	MDT	D	0.2%	0.12%	0.12%
	MDU	D	0.01%	0.02%	0.01%
	MEDP	D	0.02%	0.02%	0.02%
	MET	C	0.09%	0.2%	0.09%
	META	B	2.34%	2.31%	2.31%
	MGM	D	0.02%	0.01%	0.01%
	MHK	D	0.01%	0.05%	0.01%
	MIDD	D	0.01%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.12%	0.04%
	MKSI	C	0.01%	0.01%	0.01%
	MKTX	C	0.02%	0.05%	0.02%
	MLM	B	0.07%	0.14%	0.07%
	MMC	D	0.2%	0.09%	0.09%
	MMM	C	0.13%	0.19%	0.13%
	MNST	B	0.07%	0.03%	0.03%
	MO	A	0.17%	0.08%	0.08%
	MOH	F	0.03%	0.07%	0.03%
	MORN	B	0.02%	0.01%	0.01%
	MOS	D	0.02%	0.05%	0.02%
	MPC	D	0.1%	0.22%	0.1%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.47%	0.33%	0.33%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.03%	0.11%	0.03%
	MRVL	B	0.15%	0.11%	0.11%
	MS	A	0.27%	0.34%	0.27%
	MSA	D	0.01%	0.02%	0.01%
	MSCI	B	0.08%	0.04%	0.04%
	MSFT	C	5.69%	4.41%	4.41%
	MSI	B	0.15%	0.21%	0.15%
	MSTR	B	0.08%	0.07%	0.07%
	MTB	A	0.06%	0.11%	0.06%
	MTCH	F	0.01%	0.01%	0.01%
	MTD	F	0.05%	0.03%	0.03%
	MTDR	B	0.01%	0.05%	0.01%
	MTG	C	0.01%	0.04%	0.01%
	MTN	C	0.01%	0.01%	0.01%
	MTSI	B	0.01%	0.01%	0.01%
	MTZ	B	0.02%	0.03%	0.02%
	MU	D	0.22%	0.2%	0.2%
	MUSA	B	0.02%	0.07%	0.02%
	NBIX	C	0.02%	0.04%	0.02%
	NCLH	B	0.02%	0.08%	0.02%
	NDAQ	B	0.06%	0.02%	0.02%
	NDSN	B	0.03%	0.01%	0.01%
	NEE	D	0.29%	0.07%	0.07%
	NEM	F	0.09%	0.02%	0.02%
	NET	B	0.05%	0.04%	0.04%
	NEU	C	0.01%	0.01%	0.01%
	NFE	F	0.0%	0.0%	0.0%
	NFG	D	0.01%	0.01%	0.01%
	NFLX	A	0.62%	0.47%	0.47%
	NI	A	0.03%	0.02%	0.02%
	NKE	F	0.16%	0.17%	0.16%
	NOC	D	0.13%	0.05%	0.05%
	NOV	C	0.01%	0.02%	0.01%
	NOW	A	0.37%	0.29%	0.29%
	NRG	C	0.04%	0.06%	0.04%
	NSC	B	0.11%	0.22%	0.11%
	NTAP	D	0.05%	0.07%	0.05%
	NTNX	B	0.03%	0.02%	0.02%
	NTRA	B	0.03%	0.02%	0.02%
	NTRS	A	0.04%	0.11%	0.04%
	NUE	D	0.07%	0.17%	0.07%
	NVDA	A	6.25%	4.93%	4.93%
	NVR	D	0.05%	0.1%	0.05%
	NVST	C	0.01%	0.0%	0.0%
	NVT	C	0.02%	0.02%	0.02%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.02%	0.03%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	NYT	C	0.02%	0.03%	0.02%
	OC	A	0.03%	0.1%	0.03%
	ODFL	B	0.08%	0.14%	0.08%
	OGE	B	0.02%	0.04%	0.02%
	OGN	F	0.01%	0.01%	0.01%
	OKE	A	0.11%	0.19%	0.11%
	OKTA	C	0.02%	0.02%	0.02%
	OLED	F	0.02%	0.02%	0.02%
	OLLI	C	0.01%	0.02%	0.01%
	OLN	F	0.01%	0.03%	0.01%
	OMC	A	0.04%	0.02%	0.02%
	OMF	A	0.01%	0.04%	0.01%
	ON	F	0.05%	0.13%	0.05%
	ONTO	F	0.02%	0.02%	0.02%
	ORCL	A	0.54%	0.42%	0.42%
	ORI	A	0.02%	0.04%	0.02%
	ORLY	A	0.13%	0.07%	0.07%
	OSK	B	0.01%	0.02%	0.01%
	OTIS	D	0.07%	0.04%	0.04%
	OVV	C	0.02%	0.07%	0.02%
	OWL	B	0.02%	0.0%	0.0%
	OXY	F	0.06%	0.15%	0.06%
	OZK	B	0.01%	0.02%	0.01%
	PAG	B	0.01%	0.01%	0.01%
	PANW	B	0.22%	0.18%	0.18%
	PARA	B	0.01%	0.01%	0.01%
	PATH	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.07%	0.02%
	PAYX	B	0.09%	0.17%	0.09%
	PB	B	0.01%	0.02%	0.01%
	PCAR	B	0.11%	0.24%	0.11%
	PCG	A	0.08%	0.13%	0.08%
	PCOR	B	0.01%	0.01%	0.01%
	PCTY	B	0.02%	0.02%	0.02%
	PEG	C	0.08%	0.09%	0.08%
	PEGA	B	0.01%	0.03%	0.01%
	PEN	C	0.02%	0.01%	0.01%
	PEP	D	0.41%	0.27%	0.27%
	PFE	F	0.27%	0.15%	0.15%
	PFG	C	0.04%	0.09%	0.04%
	PFGC	B	0.02%	0.06%	0.02%
	PG	C	0.72%	0.39%	0.39%
	PGR	A	0.28%	0.45%	0.28%
	PH	A	0.16%	0.09%	0.09%
	PHM	D	0.05%	0.12%	0.05%
	PINS	F	0.03%	0.02%	0.02%
	PKG	B	0.04%	0.12%	0.04%
	PLNT	A	0.01%	0.01%	0.01%
	PLTR	B	0.21%	0.16%	0.16%
	PM	B	0.36%	0.18%	0.18%
	PNC	B	0.15%	0.22%	0.15%
	PNFP	B	0.02%	0.03%	0.02%
	PNR	A	0.03%	0.01%	0.01%
	PNW	A	0.02%	0.05%	0.02%
	PODD	B	0.03%	0.03%	0.03%
	POOL	D	0.03%	0.08%	0.03%
	POST	D	0.01%	0.0%	0.0%
	PPC	C	0.0%	0.02%	0.0%
	PPG	F	0.05%	0.05%	0.05%
	PPL	A	0.04%	0.07%	0.04%
	PR	C	0.02%	0.06%	0.02%
	PRI	B	0.02%	0.07%	0.02%
	PRU	B	0.08%	0.18%	0.08%
	PSN	C	0.01%	0.01%	0.01%
	PSTG	D	0.03%	0.04%	0.03%
	PSX	C	0.1%	0.19%	0.1%
	PTC	B	0.04%	0.03%	0.03%
	PVH	C	0.01%	0.03%	0.01%
	PWR	B	0.09%	0.09%	0.09%
	PYPL	A	0.15%	0.3%	0.15%
	QCOM	F	0.35%	0.52%	0.35%
	QRVO	F	0.01%	0.02%	0.01%
	R	B	0.01%	0.05%	0.01%
	RARE	F	0.01%	0.0%	0.0%
	RBC	B	0.02%	0.02%	0.02%
	RBLX	B	0.05%	0.01%	0.01%
	RCL	A	0.1%	0.26%	0.1%
	REGN	F	0.16%	0.14%	0.14%
	REYN	D	0.0%	0.0%	0.0%
	RF	A	0.04%	0.08%	0.04%
	RGA	A	0.03%	0.07%	0.03%
	RGEN	C	0.01%	0.01%	0.01%
	RGLD	C	0.02%	0.03%	0.02%
	RH	C	0.01%	0.0%	0.0%
	RHI	B	0.01%	0.05%	0.01%
	RIVN	F	0.02%	0.03%	0.02%
	RJF	A	0.05%	0.11%	0.05%
	RL	B	0.02%	0.06%	0.02%
	RLI	A	0.01%	0.03%	0.01%
	RMD	C	0.07%	0.07%	0.07%
	RNR	D	0.03%	0.08%	0.03%
	ROIV	D	0.01%	0.02%	0.01%
	ROK	B	0.06%	0.04%	0.04%
	ROKU	C	0.02%	0.02%	0.02%
	ROL	C	0.03%	0.03%	0.03%
	ROP	A	0.11%	0.09%	0.09%
	ROST	D	0.09%	0.22%	0.09%
	RPM	A	0.03%	0.1%	0.03%
	RPRX	F	0.02%	0.03%	0.02%
	RRC	B	0.01%	0.04%	0.01%
	RRX	B	0.02%	0.01%	0.01%
	RS	C	0.03%	0.07%	0.03%
	RSG	B	0.08%	0.03%	0.03%
	RTX	D	0.3%	0.16%	0.16%
	RVTY	C	0.03%	0.02%	0.02%
	RYAN	B	0.01%	0.01%	0.01%
	S	B	0.01%	0.01%	0.01%
	SAIA	B	0.03%	0.07%	0.03%
	SAIC	D	0.01%	0.0%	0.0%
	SAM	B	0.01%	0.0%	0.0%
	SBUX	B	0.2%	0.09%	0.09%
	SCHW	B	0.2%	0.2%	0.2%
	SCI	B	0.02%	0.03%	0.02%
	SEE	C	0.01%	0.01%	0.01%
	SEIC	A	0.01%	0.03%	0.01%
	SF	A	0.02%	0.04%	0.02%
	SHW	A	0.16%	0.14%	0.14%
	SIRI	C	0.01%	0.0%	0.0%
	SITE	D	0.01%	0.01%	0.01%
	SJM	F	0.02%	0.01%	0.01%
	SKX	F	0.01%	0.05%	0.01%
	SLB	C	0.11%	0.09%	0.09%
	SLGN	B	0.01%	0.0%	0.0%
	SMAR	A	0.01%	0.01%	0.01%
	SMCI	F	0.02%	0.02%	0.02%
	SN	C	0.01%	0.02%	0.01%
	SNA	A	0.03%	0.08%	0.03%
	SNDR	B	0.0%	0.0%	0.0%
	SNOW	C	0.07%	0.05%	0.05%
	SNPS	C	0.15%	0.12%	0.12%
	SNV	B	0.01%	0.03%	0.01%
	SNX	C	0.02%	0.04%	0.02%
	SO	D	0.18%	0.12%	0.12%
	SOFI	B	0.02%	0.04%	0.02%
	SOLV	C	0.02%	0.01%	0.01%
	SON	F	0.01%	0.02%	0.01%
	SPB	A	0.0%	0.0%	0.0%
	SPGI	C	0.28%	0.09%	0.09%
	SQ	B	0.08%	0.06%	0.06%
	SRE	B	0.1%	0.07%	0.07%
	SRPT	F	0.02%	0.01%	0.01%
	SSD	F	0.01%	0.04%	0.01%
	SSNC	C	0.03%	0.01%	0.01%
	ST	F	0.01%	0.0%	0.0%
	STE	D	0.04%	0.04%	0.04%
	STLD	C	0.04%	0.13%	0.04%
	STT	B	0.05%	0.1%	0.05%
	STZ	D	0.07%	0.05%	0.05%
	SW	B	0.05%	0.1%	0.05%
	SWK	F	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.07%	0.03%
	SYF	B	0.05%	0.15%	0.05%
	SYK	A	0.25%	0.11%	0.11%
	SYY	D	0.07%	0.07%	0.07%
	T	A	0.29%	0.42%	0.29%
	TAP	B	0.02%	0.04%	0.02%
	TDC	F	0.01%	0.0%	0.0%
	TDG	D	0.13%	0.07%	0.07%
	TDY	B	0.04%	0.03%	0.03%
	TEAM	B	0.07%	0.05%	0.05%
	TECH	D	0.02%	0.02%	0.02%
	TER	F	0.03%	0.05%	0.03%
	TFC	B	0.11%	0.19%	0.11%
	TFX	F	0.02%	0.03%	0.02%
	TGT	C	0.13%	0.28%	0.13%
	THC	B	0.03%	0.02%	0.02%
	THO	B	0.01%	0.01%	0.01%
	TJX	A	0.24%	0.43%	0.24%
	TKO	D	0.02%	0.0%	0.0%
	TKR	F	0.01%	0.03%	0.01%
	TMO	F	0.38%	0.15%	0.15%
	TMUS	A	0.21%	0.3%	0.21%
	TOL	B	0.03%	0.07%	0.03%
	TOST	A	0.03%	0.02%	0.02%
	TPG	B	0.01%	0.0%	0.0%
	TPL	B	0.05%	0.13%	0.05%
	TPR	A	0.02%	0.08%	0.02%
	TPX	B	0.02%	0.02%	0.02%
	TREX	C	0.01%	0.04%	0.01%
	TRGP	B	0.08%	0.26%	0.08%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	A	0.05%	0.1%	0.05%
	TRU	D	0.04%	0.02%	0.02%
	TRV	B	0.11%	0.26%	0.11%
	TSCO	D	0.06%	0.18%	0.06%
	TSLA	B	1.62%	0.7%	0.7%
	TSN	B	0.03%	0.04%	0.03%
	TT	B	0.17%	0.13%	0.13%
	TTC	F	0.02%	0.03%	0.02%
	TTD	B	0.1%	0.06%	0.06%
	TTEK	F	0.02%	0.01%	0.01%
	TTWO	A	0.06%	0.03%	0.03%
	TW	B	0.03%	0.02%	0.02%
	TWLO	B	0.03%	0.03%	0.03%
	TXG	F	0.0%	0.0%	0.0%
	TXN	B	0.36%	0.28%	0.28%
	TXRH	A	0.02%	0.09%	0.02%
	TXT	D	0.03%	0.05%	0.03%
	TYL	B	0.05%	0.04%	0.04%
	U	F	0.01%	0.01%	0.01%
	UAL	A	0.05%	0.18%	0.05%
	UBER	F	0.26%	0.1%	0.1%
	UGI	D	0.01%	0.0%	0.0%
	UHAL	D	0.0%	0.03%	0.0%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.03%	0.01%
	UHAL	D	0.0%	0.0%	0.0%
	UHS	D	0.02%	0.06%	0.02%
	UI	B	0.0%	0.01%	0.0%
	ULTA	C	0.03%	0.11%	0.03%
	UNH	B	1.02%	0.36%	0.36%
	UNM	A	0.02%	0.05%	0.02%
	UNP	D	0.27%	0.48%	0.27%
	UPS	C	0.17%	0.19%	0.17%
	URI	B	0.1%	0.2%	0.1%
	USB	B	0.14%	0.22%	0.14%
	USFD	B	0.03%	0.01%	0.01%
	UTHR	B	0.03%	0.1%	0.03%
	V	A	0.88%	0.58%	0.58%
	VEEV	B	0.06%	0.05%	0.05%
	VFC	C	0.01%	0.04%	0.01%
	VKTX	F	0.01%	0.02%	0.01%
	VLO	C	0.08%	0.16%	0.08%
	VLTO	D	0.05%	0.06%	0.05%
	VMC	B	0.07%	0.05%	0.05%
	VMI	B	0.01%	0.05%	0.01%
	VNT	C	0.01%	0.01%	0.01%
	VOYA	B	0.02%	0.03%	0.02%
	VRSK	A	0.07%	0.12%	0.07%
	VRSN	C	0.03%	0.02%	0.02%
	VRT	B	0.08%	0.13%	0.08%
	VRTX	B	0.24%	0.25%	0.24%
	VST	B	0.09%	0.12%	0.09%
	VTRS	B	0.03%	0.09%	0.03%
	VVV	B	0.01%	0.01%	0.01%
	VZ	D	0.31%	0.44%	0.31%
	W	F	0.01%	0.0%	0.0%
	WAB	B	0.06%	0.04%	0.04%
	WAL	B	0.02%	0.06%	0.02%
	WAT	B	0.04%	0.05%	0.04%
	WBA	D	0.01%	0.0%	0.0%
	WBD	B	0.04%	0.03%	0.03%
	WBS	A	0.02%	0.05%	0.02%
	WCC	B	0.02%	0.07%	0.02%
	WDAY	B	0.1%	0.08%	0.08%
	WDC	D	0.04%	0.03%	0.03%
	WEC	B	0.06%	0.04%	0.04%
	WEX	D	0.01%	0.01%	0.01%
	WFC	A	0.44%	0.53%	0.44%
	WFRD	F	0.01%	0.05%	0.01%
	WH	A	0.01%	0.01%	0.01%
	WHR	B	0.01%	0.0%	0.0%
	WING	D	0.02%	0.01%	0.01%
	WLK	F	0.01%	0.03%	0.01%
	WM	A	0.16%	0.12%	0.12%
	WMB	B	0.12%	0.29%	0.12%
	WMS	F	0.02%	0.07%	0.02%
	WMT	A	0.67%	0.63%	0.63%
	WOLF	F	0.0%	0.0%	0.0%
	WRB	B	0.03%	0.07%	0.03%
	WSC	F	0.01%	0.01%	0.01%
	WSM	F	0.03%	0.12%	0.03%
	WSO	B	0.03%	0.05%	0.03%
	WST	B	0.04%	0.05%	0.04%
	WTFC	B	0.01%	0.05%	0.01%
	WTRG	C	0.02%	0.01%	0.01%
	WTW	A	0.06%	0.02%	0.02%
	WWD	B	0.02%	0.03%	0.02%
	WYNN	C	0.02%	0.01%	0.01%
	X	D	0.02%	0.03%	0.02%
	XEL	A	0.07%	0.11%	0.07%
	XOM	B	0.98%	1.04%	0.98%
	XPO	B	0.03%	0.04%	0.03%
	XRAY	F	0.01%	0.0%	0.0%
	XYL	F	0.05%	0.04%	0.04%
	YUM	B	0.07%	0.04%	0.04%
	Z	B	0.02%	0.02%	0.02%
	ZBH	C	0.04%	0.05%	0.04%
	ZBRA	B	0.04%	0.03%	0.03%
	ZG	B	0.01%	0.01%	0.01%
	ZI	C	0.01%	0.0%	0.0%
	ZION	B	0.02%	0.05%	0.02%
	ZM	B	0.04%	0.04%	0.04%
	ZS	B	0.03%	0.03%	0.03%
	ZTS	D	0.15%	0.2%	0.15%

IWB Overweight 159 Positions Relative to AVLC

	Symbol	Grade	Weight
	BLK	A	0.28%
	PLD	D	0.19%
	AMT	F	0.17%
	EQIX	B	0.16%
	WELL	B	0.15%
	CRH	B	0.12%
	DLR	C	0.11%
	PSA	D	0.1%
	SPG	A	0.1%
	O	D	0.09%
	FERG	B	0.08%
	CCI	F	0.08%
	VICI	D	0.06%
	AVB	B	0.06%
	IRM	D	0.06%
	EXR	D	0.06%
	VTR	C	0.05%
	EQR	C	0.05%
	ESS	C	0.04%
	ARE	F	0.04%
	COO	D	0.04%
	INVH	D	0.04%
	EXE	A	0.04%
	WY	F	0.04%
	SBAC	D	0.04%
	UDR	C	0.03%
	SUI	F	0.03%
	GEN	B	0.03%
	DOC	C	0.03%
	KIM	A	0.03%
	FWONK	A	0.03%
	MAA	C	0.03%
	EGP	D	0.02%
	BRX	A	0.02%
	REXR	F	0.02%
	CNH	D	0.02%
	FRT	B	0.02%
	NLY	C	0.02%
	OHI	C	0.02%
	CUBE	D	0.02%
	CAVA	C	0.02%
	LAMR	D	0.02%
	WPC	F	0.02%
	AMH	C	0.02%
	HST	D	0.02%
	CPT	C	0.02%
	GLPI	D	0.02%
	BXP	D	0.02%
	ELS	B	0.02%
	REG	A	0.02%
	HHH	B	0.01%
	LLYVK	B	0.01%
	MPW	F	0.01%
	VIRT	B	0.01%
	COLM	B	0.01%
	CC	C	0.01%
	NSA	D	0.01%
	MAN	F	0.01%
	PK	C	0.01%
	AMED	F	0.01%
	WU	F	0.01%
	SMG	D	0.01%
	PENN	B	0.01%
	ECG	D	0.01%
	RNG	C	0.01%
	BHF	B	0.01%
	YETI	D	0.01%
	EPR	D	0.01%
	LBTYA	F	0.01%
	HUN	F	0.01%
	VAC	B	0.01%
	WEN	C	0.01%
	FHB	B	0.01%
	PII	F	0.01%
	NCNO	B	0.01%
	LBTYK	F	0.01%
	PRGO	C	0.01%
	TNL	A	0.01%
	SPR	F	0.01%
	IRDM	B	0.01%
	HIW	D	0.01%
	DNB	B	0.01%
	NWL	B	0.01%
	IAC	F	0.01%
	ASH	F	0.01%
	HOG	D	0.01%
	LINE	F	0.01%
	MSM	C	0.01%
	AMTM	D	0.01%
	KMPR	A	0.01%
	MSGS	B	0.01%
	GTES	B	0.01%
	RYN	F	0.01%
	WTM	A	0.01%
	KRC	C	0.01%
	CUZ	B	0.01%
	LOPE	B	0.01%
	CCCS	B	0.01%
	SLM	A	0.01%
	AVT	C	0.01%
	RITM	C	0.01%
	VNOM	C	0.01%
	LITE	B	0.01%
	THG	A	0.01%
	STWD	C	0.01%
	LAZ	C	0.01%
	COLD	F	0.01%
	AZPN	A	0.01%
	HR	C	0.01%
	STAG	D	0.01%
	FR	D	0.01%
	AGNC	C	0.01%
	ADC	A	0.01%
	NNN	F	0.01%
	ACI	C	0.01%
	VNO	C	0.01%
	CART	C	0.01%
	PLTK	B	0.0%
	SEG	F	0.0%
	PARAA	B	0.0%
	GRAL	B	0.0%
	SEB	F	0.0%
	UWMC	F	0.0%
	TFSL	A	0.0%
	LOAR	C	0.0%
	AS	B	0.0%
	LLYVA	B	0.0%
	PYCR	B	0.0%
	CERT	F	0.0%
	TRIP	D	0.0%
	GO	C	0.0%
	LEG	F	0.0%
	UA	B	0.0%
	QS	F	0.0%
	DJT	C	0.0%
	CRI	D	0.0%
	CLVT	F	0.0%
	FWONA	B	0.0%
	UAA	B	0.0%
	KSS	D	0.0%
	VSTS	D	0.0%
	FTRE	D	0.0%
	RCM	B	0.0%
	ALAB	C	0.0%
	RKT	F	0.0%
	HAYW	B	0.0%
	AAP	C	0.0%
	QDEL	F	0.0%
	CPRI	F	0.0%
	PINC	B	0.0%
	ADT	C	0.0%
	SHC	D	0.0%
	AZTA	F	0.0%
	JWN	B	0.0%
	ENOV	C	0.0%
	MP	C	0.0%
	FIVN	C	0.0%
	DV	C	0.0%
	CXT	F	0.0%

IWB Underweight 135 Positions Relative to AVLC

	Symbol	Grade	Weight
	MELI	D	-0.36%
	SFM	B	-0.11%
	FLEX	B	-0.1%
	NXPI	F	-0.08%
	JXN	C	-0.07%
	MLI	B	-0.07%
	CRBG	C	-0.06%
	LNTH	F	-0.06%
	SPOT	A	-0.06%
	ANF	C	-0.06%
	ENSG	C	-0.05%
	ALV	C	-0.05%
	AIT	A	-0.05%
	CBT	C	-0.05%
	UFPI	B	-0.05%
	CMC	B	-0.04%
	WCN	A	-0.04%
	FN	C	-0.04%
	NSIT	F	-0.04%
	CRS	B	-0.04%
	KBH	D	-0.04%
	CHX	C	-0.04%
	ERIE	F	-0.03%
	DY	C	-0.03%
	BCC	B	-0.03%
	MOD	D	-0.03%
	IBP	F	-0.03%
	ENLC	A	-0.03%
	HALO	C	-0.03%
	NU	B	-0.03%
	HLNE	B	-0.03%
	EXPO	D	-0.03%
	ESNT	D	-0.03%
	SATS	D	-0.03%
	MUR	D	-0.03%
	STX	D	-0.03%
	SSB	B	-0.03%
	CVLT	B	-0.03%
	ONB	B	-0.03%
	EXLS	B	-0.02%
	LANC	C	-0.02%
	AUR	D	-0.02%
	INSM	C	-0.02%
	AZN	F	-0.02%
	HOMB	A	-0.02%
	FSS	C	-0.02%
	SIGI	B	-0.02%
	BMI	B	-0.02%
	SWX	B	-0.02%
	MMSI	B	-0.02%
	MOG.A	B	-0.02%
	COOP	B	-0.02%
	CSWI	B	-0.02%
	MGY	B	-0.02%
	MTH	D	-0.02%
	FLR	C	-0.02%
	HESM	C	-0.02%
	QLYS	B	-0.02%
	CADE	B	-0.02%
	PCVX	D	-0.02%
	TMHC	B	-0.02%
	RVMD	C	-0.02%
	BPMC	C	-0.01%
	RMBS	C	-0.01%
	SNAP	C	-0.01%
	CHWY	B	-0.01%
	ADTN	B	-0.01%
	TNET	C	-0.01%
	GTLS	B	-0.01%
	SMMT	D	-0.01%
	CYTK	C	-0.01%
	PI	D	-0.01%
	NPAB	F	-0.01%
	VAL	D	-0.01%
	VERX	B	-0.01%
	SUM	B	-0.01%
	ALTR	C	-0.01%
	NOVT	C	-0.01%
	TDW	F	-0.01%
	ZETA	F	-0.01%
	HQY	B	-0.01%
	AVAV	C	-0.01%
	KRYS	C	-0.01%
	CWST	B	-0.01%
	MARA	B	-0.01%
	VRNS	C	-0.01%
	CWAN	B	-0.01%
	RRR	F	-0.01%
	BECN	B	-0.01%
	ATKR	C	-0.01%
	LEVI	F	-0.01%
	XP	F	-0.01%
	BCPC	B	-0.01%
	WTS	B	-0.01%
	SPSC	F	-0.01%
	LUMN	C	-0.01%
	GKOS	B	-0.01%
	ZWS	B	-0.01%
	IOT	B	-0.01%
	PFSI	D	-0.01%
	PBF	F	-0.01%
	SM	C	-0.01%
	MDGL	C	-0.01%
	CRSP	D	-0.0%
	HIMS	C	-0.0%
	EMBC	C	-0.0%
	KLG	F	-0.0%
	AGL	F	-0.0%
	FG	B	-0.0%
	SEDG	F	-0.0%
	FFIN	B	-0.0%
	RNA	B	-0.0%
	IMVT	D	-0.0%
	BRZE	C	-0.0%
	CRVL	B	-0.0%
	GBCI	B	-0.0%
	BBIO	F	-0.0%
	ALKS	C	-0.0%
	FIZZ	C	-0.0%
	PLUG	D	-0.0%
	RDN	C	-0.0%
	HRI	C	-0.0%
	WK	B	-0.0%
	ALIT	C	-0.0%
	TENB	C	-0.0%
	FRHC	A	-0.0%
	OPCH	F	-0.0%
	CRDO	C	-0.0%
	MMS	F	-0.0%
	ACT	C	-0.0%
	TMDX	F	-0.0%
	RDDT	B	-0.0%
	NUVL	D	-0.0%
	RBRK	B	-0.0%
	FLUT	A	-0.0%

IWB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Software - Infrastructure Business Services Diagnostics & Research Semiconductors Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Capital Markets Aerospace & Defense Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Packaging & Containers Building Materials

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

AVLC: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Banks - Regional - US Diversified Industrials Business Services Software - Infrastructure Asset Management Oil & Gas E&P Semiconductors Utilities - Regulated Electric Specialty Retail Diagnostics & Research Capital Markets Packaged Foods Information Technology Services Specialty Chemicals Aerospace & Defense Building Materials Insurance - Property & Casualty Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor IBD 50 Dow Jones Component Insurance Products Biotechnology Building Materials