IWB vs. CRBN ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to iShares MSCI ACWI Low Carbon Target ETF (CRBN)

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

$326.64

Average Daily Volume

813,897

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

CRBN

iShares MSCI ACWI Low Carbon Target ETF

CRBN Description

The investment seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. The fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index. It generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to address two dimensions of carbon exposure - carbon emissions and potential carbon emissions from fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$197.26

Average Daily Volume

7,589

Number of Holdings ^*

400

* may have additional holdings in another (foreign) market

Performance

Period	IWB	CRBN
30 Days	2.70%	0.72%
60 Days	6.47%	3.56%
90 Days	7.98%	5.06%
12 Months	34.14%	27.94%

376 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in CRBN	Overlap
	A	F	0.07%	0.05%	0.05%
	AAPL	C	5.97%	4.25%	4.25%
	ABBV	F	0.64%	0.51%	0.51%
	ABNB	C	0.11%	0.12%	0.11%
	ABT	C	0.37%	0.08%	0.08%
	ACGL	C	0.07%	0.07%	0.07%
	ACM	B	0.03%	0.03%	0.03%
	ACN	B	0.4%	0.29%	0.29%
	ADBE	C	0.4%	0.27%	0.27%
	ADI	D	0.2%	0.18%	0.18%
	ADP	A	0.23%	0.24%	0.23%
	ADSK	B	0.12%	0.06%	0.06%
	AFG	A	0.02%	0.01%	0.01%
	AFL	C	0.11%	0.17%	0.11%
	AIG	B	0.09%	0.05%	0.05%
	AIZ	A	0.02%	0.01%	0.01%
	AJG	A	0.11%	0.03%	0.03%
	AKAM	F	0.02%	0.06%	0.02%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	B	0.09%	0.03%	0.03%
	ALLE	D	0.02%	0.03%	0.02%
	AMAT	F	0.29%	0.12%	0.12%
	AMD	F	0.43%	0.32%	0.32%
	AME	A	0.08%	0.31%	0.08%
	AMGN	F	0.32%	0.26%	0.26%
	AMP	A	0.1%	0.05%	0.05%
	AMT	F	0.17%	0.13%	0.13%
	AMZN	A	3.5%	2.48%	2.48%
	ANET	C	0.19%	0.17%	0.17%
	ANSS	B	0.05%	0.04%	0.04%
	AON	B	0.14%	0.1%	0.1%
	APH	B	0.16%	0.19%	0.16%
	APO	B	0.15%	0.09%	0.09%
	APP	B	0.14%	0.07%	0.07%
	ARE	F	0.04%	0.01%	0.01%
	AVB	B	0.06%	0.04%	0.04%
	AVGO	C	1.51%	1.09%	1.09%
	AWK	D	0.05%	0.2%	0.05%
	AXON	B	0.08%	0.24%	0.08%
	AXP	B	0.29%	0.24%	0.24%
	AZPN	A	0.01%	0.03%	0.01%
	BAC	A	0.55%	0.39%	0.39%
	BAH	C	0.04%	0.03%	0.03%
	BAX	F	0.03%	0.0%	0.0%
	BBWI	C	0.01%	0.01%	0.01%
	BDX	F	0.12%	0.1%	0.1%
	BEN	C	0.01%	0.0%	0.0%
	BIIB	F	0.05%	0.03%	0.03%
	BK	B	0.1%	0.12%	0.1%
	BKNG	A	0.31%	0.23%	0.23%
	BKR	B	0.08%	0.38%	0.08%
	BLK	A	0.28%	0.17%	0.17%
	BMY	B	0.2%	0.22%	0.2%
	BR	A	0.05%	0.07%	0.05%
	BRK.A	B	1.54%	0.63%	0.63%
	BRO	B	0.05%	0.02%	0.02%
	BSX	A	0.23%	0.19%	0.19%
	BX	A	0.23%	0.14%	0.14%
	BXP	D	0.02%	0.03%	0.02%
	C	B	0.24%	0.23%	0.23%
	CB	C	0.21%	0.23%	0.21%
	CBOE	D	0.04%	0.03%	0.03%
	CCI	F	0.08%	0.08%	0.08%
	CDNS	B	0.15%	0.09%	0.09%
	CDW	F	0.05%	0.04%	0.04%
	CEG	D	0.14%	0.04%	0.04%
	CELH	F	0.01%	0.01%	0.01%
	CFG	B	0.04%	0.03%	0.03%
	CHD	A	0.05%	0.06%	0.05%
	CHTR	B	0.07%	0.09%	0.07%
	CI	D	0.16%	0.11%	0.11%
	CINF	A	0.04%	0.0%	0.0%
	CL	F	0.14%	0.13%	0.13%
	CMCSA	B	0.3%	0.29%	0.29%
	CME	B	0.15%	0.12%	0.12%
	CMG	B	0.15%	0.13%	0.13%
	CNC	F	0.06%	0.01%	0.01%
	COF	B	0.13%	0.08%	0.08%
	COIN	B	0.1%	0.07%	0.07%
	COO	D	0.04%	0.05%	0.04%
	COST	B	0.76%	0.28%	0.28%
	CPAY	A	0.05%	0.06%	0.05%
	CPRT	A	0.09%	0.1%	0.09%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.55%	0.37%	0.37%
	CRWD	B	0.14%	0.07%	0.07%
	CSCO	A	0.43%	0.42%	0.42%
	CSGP	F	0.06%	0.04%	0.04%
	CSX	B	0.13%	0.13%	0.13%
	CTAS	B	0.14%	0.16%	0.14%
	CTLT	D	0.02%	0.0%	0.0%
	CTSH	A	0.07%	0.07%	0.07%
	CTVA	C	0.07%	0.12%	0.07%
	CVS	F	0.13%	0.04%	0.04%
	DASH	A	0.11%	0.08%	0.08%
	DAY	B	0.02%	0.03%	0.02%
	DDOG	B	0.07%	0.03%	0.03%
	DE	D	0.18%	0.04%	0.04%
	DECK	B	0.05%	0.03%	0.03%
	DFS	B	0.08%	0.06%	0.06%
	DG	F	0.03%	0.04%	0.03%
	DGX	B	0.03%	0.06%	0.03%
	DHR	F	0.29%	0.23%	0.23%
	DIS	B	0.33%	0.23%	0.23%
	DKNG	B	0.03%	0.03%	0.03%
	DLR	C	0.11%	0.06%	0.06%
	DLTR	F	0.02%	0.03%	0.02%
	DOC	C	0.03%	0.01%	0.01%
	DOCU	B	0.03%	0.01%	0.01%
	DRI	B	0.04%	0.0%	0.0%
	DVA	C	0.01%	0.03%	0.01%
	DXCM	C	0.05%	0.04%	0.04%
	EA	A	0.08%	0.08%	0.08%
	EBAY	C	0.06%	0.1%	0.06%
	ECL	C	0.11%	0.17%	0.11%
	ED	D	0.06%	0.06%	0.06%
	EFX	F	0.06%	0.09%	0.06%
	EG	D	0.03%	0.02%	0.02%
	EIX	C	0.06%	0.2%	0.06%
	EL	F	0.03%	0.04%	0.03%
	ELV	F	0.18%	0.13%	0.13%
	EMR	A	0.13%	0.05%	0.05%
	ENPH	F	0.02%	0.01%	0.01%
	ENTG	F	0.03%	0.02%	0.02%
	EPAM	B	0.02%	0.02%	0.02%
	EQH	B	0.03%	0.1%	0.03%
	EQIX	B	0.16%	0.11%	0.11%
	EQR	C	0.05%	0.03%	0.03%
	ES	D	0.04%	0.11%	0.04%
	ESS	C	0.04%	0.01%	0.01%
	ETN	B	0.26%	0.19%	0.19%
	EW	F	0.07%	0.06%	0.06%
	EXAS	F	0.02%	0.01%	0.01%
	EXC	C	0.07%	0.03%	0.03%
	EXR	D	0.06%	0.05%	0.05%
	FAST	B	0.09%	0.15%	0.09%
	FCNCA	B	0.05%	0.05%	0.05%
	FCX	F	0.12%	0.23%	0.12%
	FFIV	B	0.03%	0.09%	0.03%
	FI	A	0.22%	0.23%	0.22%
	FICO	B	0.1%	0.05%	0.05%
	FIS	B	0.09%	0.08%	0.08%
	FITB	A	0.06%	0.02%	0.02%
	FNF	C	0.03%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	B	0.1%	0.06%	0.06%
	FTV	C	0.05%	0.16%	0.05%
	FWONK	A	0.03%	0.04%	0.03%
	GDDY	B	0.05%	0.02%	0.02%
	GEN	B	0.03%	0.08%	0.03%
	GGG	B	0.03%	0.14%	0.03%
	GILD	B	0.22%	0.2%	0.2%
	GIS	F	0.07%	0.01%	0.01%
	GLPI	D	0.02%	0.02%	0.02%
	GOOG	C	1.6%	1.11%	1.11%
	GOOGL	C	1.9%	1.39%	1.39%
	GPN	B	0.05%	0.07%	0.05%
	GRMN	A	0.06%	0.13%	0.06%
	GS	B	0.34%	0.28%	0.28%
	GWW	B	0.09%	0.04%	0.04%
	HAL	C	0.05%	0.43%	0.05%
	HCA	D	0.12%	0.12%	0.12%
	HD	B	0.73%	0.56%	0.56%
	HIG	C	0.06%	0.06%	0.06%
	HLT	A	0.11%	0.09%	0.09%
	HOOD	B	0.04%	0.02%	0.02%
	HST	D	0.02%	0.05%	0.02%
	HSY	F	0.05%	0.04%	0.04%
	HUBB	C	0.05%	0.11%	0.05%
	HUBS	B	0.06%	0.01%	0.01%
	HUM	D	0.06%	0.04%	0.04%
	IBM	D	0.36%	0.33%	0.33%
	ICE	C	0.16%	0.11%	0.11%
	IDXX	F	0.06%	0.06%	0.06%
	IEX	B	0.03%	0.16%	0.03%
	ILMN	C	0.04%	0.02%	0.02%
	INTC	C	0.2%	0.16%	0.16%
	INTU	A	0.34%	0.23%	0.23%
	INVH	D	0.04%	0.02%	0.02%
	IPG	F	0.02%	0.01%	0.01%
	IQV	F	0.07%	0.08%	0.07%
	IR	A	0.07%	0.23%	0.07%
	IRM	D	0.06%	0.06%	0.06%
	ISRG	A	0.34%	0.25%	0.25%
	IT	B	0.07%	0.07%	0.07%
	ITW	B	0.15%	0.13%	0.13%
	J	D	0.03%	0.05%	0.03%
	JNJ	D	0.68%	0.56%	0.56%
	JPM	A	1.23%	0.88%	0.88%
	KDP	C	0.07%	0.05%	0.05%
	KEYS	C	0.05%	0.04%	0.04%
	KIM	A	0.03%	0.01%	0.01%
	KKR	B	0.19%	0.11%	0.11%
	KLAC	F	0.17%	0.21%	0.17%
	KO	F	0.45%	0.44%	0.44%
	KVUE	A	0.08%	0.11%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.05%	0.05%	0.05%
	LH	B	0.04%	0.05%	0.04%
	LIN	D	0.4%	0.1%	0.1%
	LLY	F	1.2%	0.81%	0.81%
	LNG	B	0.09%	0.09%	0.09%
	LOW	B	0.28%	0.18%	0.18%
	LRCX	F	0.19%	0.09%	0.09%
	LULU	B	0.07%	0.06%	0.06%
	LVS	C	0.03%	0.07%	0.03%
	MA	B	0.78%	0.55%	0.55%
	MAR	A	0.12%	0.07%	0.07%
	MAS	D	0.03%	0.06%	0.03%
	MCD	C	0.39%	0.43%	0.39%
	MCHP	F	0.07%	0.06%	0.06%
	MCO	C	0.14%	0.06%	0.06%
	MDB	C	0.04%	0.01%	0.01%
	MDLZ	F	0.16%	0.09%	0.09%
	MDT	D	0.2%	0.11%	0.11%
	MET	C	0.09%	0.1%	0.09%
	META	B	2.34%	1.65%	1.65%
	MGM	D	0.02%	0.02%	0.02%
	MKL	A	0.04%	0.01%	0.01%
	MKTX	C	0.02%	0.01%	0.01%
	MMC	D	0.2%	0.19%	0.19%
	MNST	B	0.07%	0.11%	0.07%
	MO	A	0.17%	0.37%	0.17%
	MPWR	F	0.06%	0.06%	0.06%
	MRK	F	0.47%	0.36%	0.36%
	MRNA	F	0.03%	0.01%	0.01%
	MRVL	B	0.15%	0.13%	0.13%
	MS	A	0.27%	0.19%	0.19%
	MSFT	C	5.69%	3.74%	3.74%
	MSI	B	0.15%	0.17%	0.15%
	MSTR	B	0.08%	0.06%	0.06%
	MTB	A	0.06%	0.05%	0.05%
	MTCH	F	0.01%	0.01%	0.01%
	MTD	F	0.05%	0.04%	0.04%
	MU	D	0.22%	0.14%	0.14%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	D	0.29%	0.16%	0.16%
	NEM	F	0.09%	0.07%	0.07%
	NET	B	0.05%	0.01%	0.01%
	NFLX	A	0.62%	0.46%	0.46%
	NKE	F	0.16%	0.11%	0.11%
	NLY	C	0.02%	0.01%	0.01%
	NOW	A	0.37%	0.21%	0.21%
	NSC	B	0.11%	0.08%	0.08%
	NTAP	D	0.05%	0.08%	0.05%
	NTRS	A	0.04%	0.06%	0.04%
	NVDA	A	6.25%	4.69%	4.69%
	O	D	0.09%	0.01%	0.01%
	ODFL	B	0.08%	0.06%	0.06%
	OKE	A	0.11%	0.24%	0.11%
	OKTA	C	0.02%	0.01%	0.01%
	OMC	A	0.04%	0.03%	0.03%
	ON	F	0.05%	0.03%	0.03%
	ORCL	A	0.54%	0.43%	0.43%
	OTIS	D	0.07%	0.12%	0.07%
	PANW	B	0.22%	0.14%	0.14%
	PAYC	B	0.02%	0.05%	0.02%
	PAYX	B	0.09%	0.15%	0.09%
	PCG	A	0.08%	0.09%	0.08%
	PEG	C	0.08%	0.07%	0.07%
	PEP	D	0.41%	0.21%	0.21%
	PFE	F	0.27%	0.21%	0.21%
	PG	C	0.72%	0.6%	0.6%
	PGR	A	0.28%	0.18%	0.18%
	PH	A	0.16%	0.12%	0.12%
	PINS	F	0.03%	0.02%	0.02%
	PLD	D	0.19%	0.14%	0.14%
	PLTR	B	0.21%	0.13%	0.13%
	PM	B	0.36%	0.44%	0.36%
	PNC	B	0.15%	0.11%	0.11%
	PODD	B	0.03%	0.01%	0.01%
	POOL	D	0.03%	0.0%	0.0%
	PRU	B	0.08%	0.03%	0.03%
	PSA	D	0.1%	0.1%	0.1%
	PSTG	D	0.03%	0.03%	0.03%
	PTC	B	0.04%	0.06%	0.04%
	PWR	B	0.09%	0.02%	0.02%
	PYPL	A	0.15%	0.12%	0.12%
	QCOM	F	0.35%	0.25%	0.25%
	RBLX	B	0.05%	0.01%	0.01%
	RCL	A	0.1%	0.07%	0.07%
	REG	A	0.02%	0.0%	0.0%
	REGN	F	0.16%	0.12%	0.12%
	RIVN	F	0.02%	0.03%	0.02%
	RMD	C	0.07%	0.03%	0.03%
	ROK	B	0.06%	0.04%	0.04%
	ROKU	C	0.02%	0.01%	0.01%
	ROL	C	0.03%	0.03%	0.03%
	ROP	A	0.11%	0.2%	0.11%
	ROST	D	0.09%	0.05%	0.05%
	RPRX	F	0.02%	0.09%	0.02%
	RS	C	0.03%	0.16%	0.03%
	RVTY	C	0.03%	0.01%	0.01%
	SBAC	D	0.04%	0.05%	0.04%
	SBUX	B	0.2%	0.19%	0.19%
	SCHW	B	0.2%	0.14%	0.14%
	SHW	A	0.16%	0.13%	0.13%
	SLB	C	0.11%	0.24%	0.11%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.03%	0.08%	0.03%
	SNOW	C	0.07%	0.04%	0.04%
	SNPS	C	0.15%	0.11%	0.11%
	SOLV	C	0.02%	0.04%	0.02%
	SPG	A	0.1%	0.11%	0.1%
	SPGI	C	0.28%	0.13%	0.13%
	SQ	B	0.08%	0.04%	0.04%
	SRE	B	0.1%	0.01%	0.01%
	SSNC	C	0.03%	0.15%	0.03%
	STE	D	0.04%	0.03%	0.03%
	STT	B	0.05%	0.05%	0.05%
	STZ	D	0.07%	0.11%	0.07%
	SWKS	F	0.03%	0.01%	0.01%
	SYF	B	0.05%	0.08%	0.05%
	SYK	A	0.25%	0.14%	0.14%
	T	A	0.29%	0.27%	0.27%
	TDG	D	0.13%	0.02%	0.02%
	TEAM	B	0.07%	0.04%	0.04%
	TER	F	0.03%	0.05%	0.03%
	TFC	B	0.11%	0.07%	0.07%
	TFX	F	0.02%	0.02%	0.02%
	TGT	C	0.13%	0.05%	0.05%
	TJX	A	0.24%	0.1%	0.1%
	TMO	F	0.38%	0.26%	0.26%
	TMUS	A	0.21%	0.16%	0.16%
	TOST	A	0.03%	0.01%	0.01%
	TPL	B	0.05%	0.42%	0.05%
	TRGP	B	0.08%	0.49%	0.08%
	TRMB	B	0.03%	0.08%	0.03%
	TROW	A	0.05%	0.03%	0.03%
	TRU	D	0.04%	0.07%	0.04%
	TRV	B	0.11%	0.1%	0.1%
	TSLA	B	1.62%	1.18%	1.18%
	TTD	B	0.1%	0.08%	0.08%
	TTWO	A	0.06%	0.03%	0.03%
	TW	B	0.03%	0.01%	0.01%
	TXN	B	0.36%	0.28%	0.28%
	TYL	B	0.05%	0.01%	0.01%
	UBER	F	0.26%	0.19%	0.19%
	ULTA	C	0.03%	0.06%	0.03%
	UNH	B	1.02%	0.71%	0.71%
	UNP	D	0.27%	0.23%	0.23%
	UPS	C	0.17%	0.07%	0.07%
	URI	B	0.1%	0.25%	0.1%
	USB	B	0.14%	0.09%	0.09%
	UTHR	B	0.03%	0.03%	0.03%
	V	A	0.88%	0.67%	0.67%
	VEEV	B	0.06%	0.08%	0.06%
	VICI	D	0.06%	0.07%	0.06%
	VLTO	D	0.05%	0.03%	0.03%
	VMC	B	0.07%	0.09%	0.07%
	VRSK	A	0.07%	0.13%	0.07%
	VRSN	C	0.03%	0.02%	0.02%
	VRT	B	0.08%	0.09%	0.08%
	VRTX	B	0.24%	0.17%	0.17%
	VTRS	B	0.03%	0.05%	0.03%
	VZ	D	0.31%	0.26%	0.26%
	WAB	B	0.06%	0.11%	0.06%
	WAT	B	0.04%	0.02%	0.02%
	WBD	B	0.04%	0.01%	0.01%
	WDAY	B	0.1%	0.04%	0.04%
	WELL	B	0.15%	0.07%	0.07%
	WFC	A	0.44%	0.32%	0.32%
	WMB	B	0.12%	0.22%	0.12%
	WMT	A	0.67%	0.33%	0.33%
	WRB	B	0.03%	0.02%	0.02%
	WST	B	0.04%	0.03%	0.03%
	WTRG	C	0.02%	0.06%	0.02%
	WTW	A	0.06%	0.05%	0.05%
	WYNN	C	0.02%	0.03%	0.02%
	XYL	F	0.05%	0.11%	0.05%
	YUM	B	0.07%	0.05%	0.05%
	Z	B	0.02%	0.04%	0.02%
	ZBH	C	0.04%	0.06%	0.04%
	ZM	B	0.04%	0.01%	0.01%
	ZTS	D	0.15%	0.11%	0.11%

IWB Overweight 623 Positions Relative to CRBN

	Symbol	Grade	Weight
	XOM	B	0.98%
	CVX	A	0.49%
	GE	D	0.36%
	CAT	B	0.35%
	RTX	D	0.3%
	HON	B	0.26%
	COP	C	0.24%
	LMT	D	0.22%
	BA	F	0.19%
	SO	D	0.18%
	TT	B	0.17%
	GEV	B	0.17%
	DUK	D	0.16%
	WM	A	0.16%
	GD	C	0.15%
	EOG	A	0.14%
	MCK	B	0.14%
	APD	B	0.13%
	ORLY	A	0.13%
	NOC	D	0.13%
	MMM	C	0.13%
	CARR	C	0.12%
	FDX	B	0.12%
	CRH	B	0.12%
	PCAR	B	0.11%
	GM	B	0.11%
	AZO	B	0.1%
	PSX	C	0.1%
	MPC	D	0.1%
	JCI	A	0.1%
	D	D	0.09%
	VST	B	0.09%
	CMI	A	0.09%
	LHX	B	0.09%
	DHI	D	0.09%
	AEP	D	0.09%
	KMI	B	0.09%
	CBRE	B	0.08%
	FERG	B	0.08%
	F	C	0.08%
	RSG	B	0.08%
	VLO	C	0.08%
	KMB	D	0.08%
	MSCI	B	0.08%
	HWM	B	0.08%
	HPQ	B	0.07%
	DELL	C	0.07%
	GLW	B	0.07%
	XEL	A	0.07%
	MLM	B	0.07%
	NUE	D	0.07%
	GEHC	D	0.07%
	SYY	D	0.07%
	DAL	A	0.07%
	KR	A	0.07%
	HES	B	0.07%
	LEN	D	0.07%
	COR	B	0.07%
	WEC	B	0.06%
	TSCO	D	0.06%
	ARES	B	0.06%
	ETR	B	0.06%
	NDAQ	B	0.06%
	DOW	F	0.06%
	OXY	F	0.06%
	FANG	C	0.06%
	ALNY	D	0.06%
	DD	D	0.06%
	ADM	F	0.05%
	HBAN	A	0.05%
	VTR	C	0.05%
	CVNA	B	0.05%
	NVR	D	0.05%
	SW	B	0.05%
	PHM	D	0.05%
	DOV	A	0.05%
	CPNG	B	0.05%
	UAL	A	0.05%
	HPE	B	0.05%
	KHC	F	0.05%
	PPG	F	0.05%
	CAH	B	0.05%
	RJF	A	0.05%
	LYV	A	0.04%
	PFG	C	0.04%
	MKC	D	0.04%
	NRG	C	0.04%
	IP	B	0.04%
	CMS	D	0.04%
	ZBRA	B	0.04%
	LII	B	0.04%
	CLX	A	0.04%
	CSL	B	0.04%
	EXE	A	0.04%
	K	A	0.04%
	BLDR	C	0.04%
	PKG	B	0.04%
	ATO	B	0.04%
	STLD	C	0.04%
	LYB	F	0.04%
	TDY	B	0.04%
	WDC	D	0.04%
	EXPE	B	0.04%
	WY	F	0.04%
	LPLA	A	0.04%
	RF	A	0.04%
	IFF	F	0.04%
	FE	D	0.04%
	AEE	B	0.04%
	EME	B	0.04%
	CCL	B	0.04%
	EQT	B	0.04%
	PPL	A	0.04%
	DTE	D	0.04%
	DVN	F	0.04%
	EVRG	A	0.03%
	RNR	D	0.03%
	SWK	F	0.03%
	EWBC	B	0.03%
	COHR	C	0.03%
	CW	C	0.03%
	SAIA	B	0.03%
	UDR	C	0.03%
	RGA	A	0.03%
	AMCR	D	0.03%
	LNT	C	0.03%
	JBL	C	0.03%
	NTRA	B	0.03%
	APTV	F	0.03%
	CF	B	0.03%
	CASY	B	0.03%
	SUI	F	0.03%
	USFD	B	0.03%
	AVTR	F	0.03%
	DT	C	0.03%
	THC	B	0.03%
	JBHT	C	0.03%
	MRO	B	0.03%
	TWLO	B	0.03%
	DPZ	C	0.03%
	TOL	B	0.03%
	GWRE	A	0.03%
	NI	A	0.03%
	FIX	B	0.03%
	TXT	D	0.03%
	HEI	A	0.03%
	OC	A	0.03%
	AVY	F	0.03%
	WSM	F	0.03%
	TSN	B	0.03%
	BURL	C	0.03%
	EXPD	C	0.03%
	NTNX	B	0.03%
	GPC	D	0.03%
	PNR	A	0.03%
	MANH	C	0.03%
	RPM	A	0.03%
	KEY	B	0.03%
	XPO	B	0.03%
	IBKR	A	0.03%
	ZS	B	0.03%
	HOLX	D	0.03%
	FDS	A	0.03%
	CTRA	B	0.03%
	WSO	B	0.03%
	BALL	D	0.03%
	MAA	C	0.03%
	LUV	B	0.03%
	CNP	B	0.03%
	MOH	F	0.03%
	BBY	C	0.03%
	VOYA	B	0.02%
	OLED	F	0.02%
	FYBR	D	0.02%
	G	B	0.02%
	CHE	D	0.02%
	CNM	D	0.02%
	EGP	D	0.02%
	AR	B	0.02%
	APG	C	0.02%
	CR	B	0.02%
	PEN	C	0.02%
	ZION	B	0.02%
	ONTO	F	0.02%
	GPK	D	0.02%
	RL	B	0.02%
	OGE	B	0.02%
	CZR	F	0.02%
	TTC	F	0.02%
	HSIC	F	0.02%
	BRX	A	0.02%
	HRL	F	0.02%
	MOS	D	0.02%
	CPB	F	0.02%
	MTZ	B	0.02%
	HAS	D	0.02%
	RBC	B	0.02%
	WCC	B	0.02%
	GMED	B	0.02%
	AXTA	A	0.02%
	AOS	F	0.02%
	REXR	F	0.02%
	AAL	B	0.02%
	ORI	A	0.02%
	NYT	C	0.02%
	MEDP	D	0.02%
	X	D	0.02%
	BRBR	A	0.02%
	CE	F	0.02%
	KNX	C	0.02%
	PCTY	B	0.02%
	LNW	F	0.02%
	TPX	B	0.02%
	CNH	D	0.02%
	GME	C	0.02%
	CMA	A	0.02%
	DCI	A	0.02%
	PNFP	B	0.02%
	FRT	B	0.02%
	ITCI	B	0.02%
	MORN	B	0.02%
	AAON	B	0.02%
	TKO	D	0.02%
	SNX	C	0.02%
	WMS	F	0.02%
	WAL	B	0.02%
	AES	F	0.02%
	GLOB	B	0.02%
	HLI	B	0.02%
	GL	B	0.02%
	MUSA	B	0.02%
	FBIN	F	0.02%
	DTM	A	0.02%
	KBR	D	0.02%
	RGLD	C	0.02%
	PR	C	0.02%
	WBS	A	0.02%
	KNSL	C	0.02%
	LKQ	C	0.02%
	CHDN	B	0.02%
	EHC	B	0.02%
	WING	D	0.02%
	ALLY	C	0.02%
	INGR	B	0.02%
	OHI	C	0.02%
	AYI	A	0.02%
	PRI	B	0.02%
	FOXA	A	0.02%
	ARMK	B	0.02%
	EXP	B	0.02%
	LAD	B	0.02%
	PNW	A	0.02%
	EXEL	B	0.02%
	ALSN	B	0.02%
	TAP	B	0.02%
	FND	F	0.02%
	CIEN	B	0.02%
	DOX	C	0.02%
	LBRDK	C	0.02%
	WWD	B	0.02%
	CUBE	D	0.02%
	CCK	D	0.02%
	AFRM	B	0.02%
	FHN	A	0.02%
	SRPT	F	0.02%
	CAVA	C	0.02%
	EVR	B	0.02%
	AA	C	0.02%
	GNRC	B	0.02%
	NWSA	B	0.02%
	LAMR	D	0.02%
	HEI	A	0.02%
	SF	A	0.02%
	CG	B	0.02%
	OWL	B	0.02%
	DKS	D	0.02%
	OVV	C	0.02%
	RRX	B	0.02%
	BWXT	B	0.02%
	ATR	A	0.02%
	NCLH	B	0.02%
	BLD	F	0.02%
	SJM	F	0.02%
	LW	B	0.02%
	LECO	C	0.02%
	KMX	B	0.02%
	TPR	A	0.02%
	DUOL	A	0.02%
	TECH	D	0.02%
	BJ	B	0.02%
	UHS	D	0.02%
	EMN	D	0.02%
	UNM	A	0.02%
	BG	D	0.02%
	TTEK	F	0.02%
	WPC	F	0.02%
	CACI	C	0.02%
	JEF	B	0.02%
	AMH	C	0.02%
	NBIX	C	0.02%
	SCI	B	0.02%
	CHRW	A	0.02%
	FTI	B	0.02%
	BMRN	F	0.02%
	JNPR	D	0.02%
	ITT	A	0.02%
	NVT	C	0.02%
	CPT	C	0.02%
	JLL	C	0.02%
	TXRH	A	0.02%
	ELS	B	0.02%
	JKHY	C	0.02%
	PFGC	B	0.02%
	INCY	B	0.02%
	SOFI	B	0.02%
	CLH	B	0.02%
	CAG	F	0.02%
	HHH	B	0.01%
	COTY	D	0.01%
	PAG	B	0.01%
	LLYVK	B	0.01%
	SAM	B	0.01%
	MPW	F	0.01%
	VIRT	B	0.01%
	COLM	B	0.01%
	CC	C	0.01%
	NSA	D	0.01%
	TDC	F	0.01%
	MAN	F	0.01%
	PK	C	0.01%
	AMED	F	0.01%
	WU	F	0.01%
	AMKR	F	0.01%
	APLS	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%
	ZG	B	0.01%
	NVST	C	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%
	XRAY	F	0.01%
	PRGO	C	0.01%
	TNL	A	0.01%
	SPR	F	0.01%
	IRDM	B	0.01%
	HIW	D	0.01%
	ACHC	F	0.01%
	MDU	D	0.01%
	ZI	C	0.01%
	W	F	0.01%
	NWS	B	0.01%
	DNB	B	0.01%
	NEU	C	0.01%
	DXC	B	0.01%
	NWL	B	0.01%
	IAC	F	0.01%
	FLO	F	0.01%
	PEGA	B	0.01%
	ASH	F	0.01%
	CHH	B	0.01%
	HOG	D	0.01%
	LINE	F	0.01%
	MSM	C	0.01%
	AMTM	D	0.01%
	AN	C	0.01%
	M	C	0.01%
	OGN	F	0.01%
	KMPR	A	0.01%
	GAP	B	0.01%
	SLGN	B	0.01%
	WLK	F	0.01%
	MSGS	B	0.01%
	DLB	D	0.01%
	GTES	B	0.01%
	RARE	F	0.01%
	GFS	C	0.01%
	AGO	B	0.01%
	EEFT	C	0.01%
	RYN	F	0.01%
	FIVE	F	0.01%
	TKR	F	0.01%
	WTM	A	0.01%
	KRC	C	0.01%
	HCP	A	0.01%
	AL	B	0.01%
	CUZ	B	0.01%
	RH	C	0.01%
	OZK	B	0.01%
	UGI	D	0.01%
	APPF	B	0.01%
	BYD	A	0.01%
	ST	F	0.01%
	LOPE	B	0.01%
	ROIV	D	0.01%
	OLN	F	0.01%
	CCCS	B	0.01%
	SON	F	0.01%
	PSN	C	0.01%
	HXL	F	0.01%
	BROS	B	0.01%
	SLM	A	0.01%
	AM	B	0.01%
	SEE	C	0.01%
	AVT	C	0.01%
	NFG	D	0.01%
	CIVI	D	0.01%
	LEA	F	0.01%
	NXST	C	0.01%
	FOX	A	0.01%
	RITM	C	0.01%
	VNOM	C	0.01%
	TPG	B	0.01%
	VVV	B	0.01%
	POST	D	0.01%
	CRUS	F	0.01%
	THO	B	0.01%
	IDA	A	0.01%
	JHG	A	0.01%
	LITE	B	0.01%
	THG	A	0.01%
	INSP	F	0.01%
	AGCO	F	0.01%
	FNB	B	0.01%
	PATH	C	0.01%
	BC	D	0.01%
	WHR	B	0.01%
	STWD	C	0.01%
	AMG	B	0.01%
	PVH	C	0.01%
	U	F	0.01%
	CLF	F	0.01%
	IONS	F	0.01%
	CROX	F	0.01%
	LNC	B	0.01%
	LFUS	D	0.01%
	ETSY	D	0.01%
	VNT	C	0.01%
	OLLI	C	0.01%
	LYFT	B	0.01%
	MTG	C	0.01%
	COLB	A	0.01%
	WFRD	F	0.01%
	BRKR	F	0.01%
	KD	A	0.01%
	ELF	C	0.01%
	LAZ	C	0.01%
	OMF	A	0.01%
	CFLT	B	0.01%
	ARW	F	0.01%
	DAR	B	0.01%
	PARA	B	0.01%
	ESI	B	0.01%
	FOUR	B	0.01%
	AXS	A	0.01%
	ALK	A	0.01%
	COLD	F	0.01%
	WBA	D	0.01%
	NOV	C	0.01%
	DBX	B	0.01%
	FAF	C	0.01%
	BPOP	C	0.01%
	MSA	D	0.01%
	SIRI	C	0.01%
	AWI	B	0.01%
	BFAM	F	0.01%
	MAT	C	0.01%
	IVZ	B	0.01%
	MTDR	B	0.01%
	VMI	B	0.01%
	HR	C	0.01%
	DINO	D	0.01%
	UHAL	D	0.01%
	QRVO	F	0.01%
	AZEK	B	0.01%
	BSY	F	0.01%
	MTN	C	0.01%
	LSTR	B	0.01%
	H	B	0.01%
	ELAN	C	0.01%
	SN	C	0.01%
	R	B	0.01%
	SITE	D	0.01%
	STAG	D	0.01%
	GXO	B	0.01%
	MASI	B	0.01%
	GNTX	C	0.01%
	ESTC	C	0.01%
	FR	D	0.01%
	BIO	C	0.01%
	LPX	A	0.01%
	AGNC	C	0.01%
	GTLB	B	0.01%
	DOCS	B	0.01%
	ATI	F	0.01%
	VKTX	F	0.01%
	FCN	F	0.01%
	OSK	B	0.01%
	RLI	A	0.01%
	WH	A	0.01%
	FRPT	B	0.01%
	PB	B	0.01%
	WSC	F	0.01%
	RYAN	B	0.01%
	CGNX	C	0.01%
	FMC	F	0.01%
	VFC	C	0.01%
	PCOR	B	0.01%
	MIDD	D	0.01%
	ESAB	B	0.01%
	LSCC	D	0.01%
	KEX	A	0.01%
	COKE	C	0.01%
	ADC	A	0.01%
	SMAR	A	0.01%
	S	B	0.01%
	MHK	D	0.01%
	MTSI	B	0.01%
	MKSI	C	0.01%
	JAZZ	B	0.01%
	RRC	B	0.01%
	WEX	D	0.01%
	RHI	B	0.01%
	BERY	D	0.01%
	HII	F	0.01%
	BWA	B	0.01%
	SAIC	D	0.01%
	BILL	B	0.01%
	RGEN	C	0.01%
	NNN	F	0.01%
	FLS	B	0.01%
	APA	F	0.01%
	TREX	C	0.01%
	ACI	C	0.01%
	SSD	F	0.01%
	SKX	F	0.01%
	SNV	B	0.01%
	VNO	C	0.01%
	CFR	B	0.01%
	SEIC	A	0.01%
	CHRD	D	0.01%
	WTFC	B	0.01%
	CART	C	0.01%
	HRB	D	0.01%
	PLNT	A	0.01%
	CBSH	A	0.01%
	PLTK	B	0.0%
	SEG	F	0.0%
	PARAA	B	0.0%
	GRAL	B	0.0%
	SEB	F	0.0%
	NFE	F	0.0%
	UWMC	F	0.0%
	UHAL	D	0.0%
	TFSL	A	0.0%
	CWEN	D	0.0%
	LOAR	C	0.0%
	AS	B	0.0%
	LLYVA	B	0.0%
	PYCR	B	0.0%
	CNA	C	0.0%
	WOLF	F	0.0%
	DDS	B	0.0%
	CERT	F	0.0%
	UI	B	0.0%
	REYN	D	0.0%
	SNDR	B	0.0%
	INFA	F	0.0%
	LBRDA	C	0.0%
	TRIP	D	0.0%
	GO	C	0.0%
	CAR	C	0.0%
	LEG	F	0.0%
	TXG	F	0.0%
	UA	B	0.0%
	QS	F	0.0%
	BIRK	F	0.0%
	DJT	C	0.0%
	CRI	D	0.0%
	CLVT	F	0.0%
	LEN	D	0.0%
	CNXC	F	0.0%
	FWONA	B	0.0%
	UAA	B	0.0%
	KSS	D	0.0%
	VSTS	D	0.0%
	PPC	C	0.0%
	FTRE	D	0.0%
	RCM	B	0.0%
	ALAB	C	0.0%
	LCID	F	0.0%
	RKT	F	0.0%
	HAYW	B	0.0%
	AAP	C	0.0%
	CWEN	D	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%
	SPB	A	0.0%
	JWN	B	0.0%
	IPGP	C	0.0%
	AGR	C	0.0%
	ENOV	C	0.0%
	MP	C	0.0%
	BOKF	B	0.0%
	FIVN	C	0.0%
	DV	C	0.0%
	ALGM	F	0.0%
	CXT	F	0.0%
	CACC	D	0.0%

IWB Underweight 24 Positions Relative to CRBN

	Symbol	Grade	Weight
	BABA	D	-0.25%
	MUFG	A	-0.23%
	SONY	C	-0.18%
	SMFG	A	-0.15%
	MELI	D	-0.13%
	NMR	B	-0.12%
	TEL	B	-0.11%
	MFG	A	-0.1%
	LI	F	-0.1%
	NXPI	F	-0.09%
	IBN	C	-0.06%
	WIT	B	-0.04%
	HDB	C	-0.04%
	BIDU	F	-0.03%
	MBAVU	C	-0.03%
	CHT	D	-0.03%
	SNAP	C	-0.02%
	TCOM	C	-0.02%
	MNSO	D	-0.01%
	NIO	F	-0.01%
	ERIE	F	-0.01%
	XPEV	C	-0.01%
	TME	F	-0.0%
	IOT	B	-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

CRBN: Top Represented Industries & Keywords

Industries: Software - Application Business Services Diagnostics & Research Semiconductors Diversified Industrials Software - Infrastructure Asset Management Internet Content & Information Drug Manufacturers - Major Insurance - Property & Casualty Capital Markets Information Technology Services Medical Devices Medical Instruments & Supplies Banks - Regional - US Credit Services Telecom Services Banks - Global Health Care Plans Insurance - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Insurance Dow Jones Component Bank Telecommunications Medicine Banking Electronics Natural Gas Semiconductor Cloud Computing Real Estate Investment Trust Mobile Devices Insurance Products Software Work From Home Biotechnology IBD 50