IWB vs. GUSA ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA)

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

$328.90

Average Daily Volume

791,576

Number of Holdings ^*

1000

* may have additional holdings in another (foreign) market

GUSA

Goldman Sachs MarketBeta U.S. 1000 Equity ETF

GUSA Description

The fund seeks to invest at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to measure the performance of equity securities of large and mid-capitalization equity issuers covering approximately the largest 1,000 of the free-float market capitalization in the U.S.

Grade (RS Rating)

Last Trade

$51.97

Average Daily Volume

6,962

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

Performance

Period	IWB	GUSA
30 Days	3.82%	3.03%
60 Days	5.33%	5.42%
90 Days	7.10%	7.24%
12 Months	33.41%	33.55%

890 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in GUSA	Overlap
	A	D	0.07%	0.07%	0.07%
	AA	B	0.02%	0.02%	0.02%
	AAL	B	0.02%	0.02%	0.02%
	AAON	B	0.02%	0.01%	0.01%
	AAPL	C	6.04%	6.17%	6.04%
	ABBV	D	0.54%	0.54%	0.54%
	ABNB	C	0.11%	0.1%	0.1%
	ABT	B	0.37%	0.37%	0.37%
	ACGL	D	0.07%	0.06%	0.06%
	ACHC	F	0.01%	0.01%	0.01%
	ACI	C	0.01%	0.01%	0.01%
	ACM	A	0.03%	0.03%	0.03%
	ACN	C	0.41%	0.4%	0.4%
	ADBE	C	0.41%	0.4%	0.4%
	ADC	B	0.01%	0.01%	0.01%
	ADI	D	0.19%	0.19%	0.19%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.23%	0.22%	0.22%
	ADSK	A	0.12%	0.12%	0.12%
	AEE	A	0.04%	0.04%	0.04%
	AEP	D	0.09%	0.09%	0.09%
	AES	F	0.02%	0.02%	0.02%
	AFG	A	0.02%	0.02%	0.02%
	AFL	B	0.11%	0.1%	0.1%
	AFRM	B	0.02%	0.03%	0.02%
	AGCO	D	0.01%	0.01%	0.01%
	AGNC	D	0.01%	0.01%	0.01%
	AGR	B	0.0%	0.0%	0.0%
	AIG	B	0.09%	0.09%	0.09%
	AIZ	A	0.02%	0.02%	0.02%
	AJG	B	0.12%	0.11%	0.11%
	AKAM	D	0.02%	0.02%	0.02%
	AL	B	0.01%	0.01%	0.01%
	ALB	C	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALK	C	0.01%	0.01%	0.01%
	ALL	A	0.1%	0.09%	0.09%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	ALNY	D	0.05%	0.05%	0.05%
	ALSN	B	0.02%	0.02%	0.02%
	AM	A	0.01%	0.01%	0.01%
	AMAT	F	0.26%	0.25%	0.25%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.4%	0.41%	0.4%
	AME	A	0.08%	0.08%	0.08%
	AMG	B	0.01%	0.01%	0.01%
	AMGN	D	0.28%	0.27%	0.27%
	AMH	D	0.02%	0.02%	0.02%
	AMKR	D	0.01%	0.01%	0.01%
	AMP	A	0.1%	0.1%	0.1%
	AMT	D	0.17%	0.17%	0.17%
	AMZN	C	3.48%	3.5%	3.48%
	AN	C	0.01%	0.01%	0.01%
	ANET	C	0.18%	0.17%	0.17%
	ANSS	B	0.05%	0.05%	0.05%
	AON	A	0.14%	0.14%	0.14%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.02%	0.01%	0.01%
	APD	A	0.13%	0.13%	0.13%
	APG	B	0.01%	0.01%	0.01%
	APH	A	0.15%	0.15%	0.15%
	APO	B	0.16%	0.13%	0.13%
	APP	B	0.14%	0.13%	0.13%
	APPF	B	0.01%	0.01%	0.01%
	APTV	D	0.03%	0.03%	0.03%
	AR	B	0.02%	0.02%	0.02%
	ARE	D	0.03%	0.03%	0.03%
	ARES	A	0.06%	0.06%	0.06%
	ARMK	B	0.02%	0.02%	0.02%
	ARW	D	0.01%	0.01%	0.01%
	ASH	D	0.01%	0.01%	0.01%
	ATI	D	0.01%	0.01%	0.01%
	ATO	A	0.04%	0.04%	0.04%
	ATR	B	0.02%	0.02%	0.02%
	AVB	B	0.06%	0.06%	0.06%
	AVGO	D	1.38%	1.38%	1.38%
	AVTR	F	0.03%	0.02%	0.02%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXON	A	0.08%	0.08%	0.08%
	AXP	A	0.3%	0.29%	0.29%
	AXS	A	0.01%	0.01%	0.01%
	AXTA	A	0.02%	0.02%	0.02%
	AYI	B	0.02%	0.02%	0.02%
	AZEK	A	0.01%	0.01%	0.01%
	AZO	C	0.1%	0.1%	0.1%
	BA	F	0.18%	0.16%	0.16%
	BAC	A	0.59%	0.57%	0.57%
	BAH	F	0.04%	0.03%	0.03%
	BALL	D	0.03%	0.03%	0.03%
	BAX	D	0.03%	0.03%	0.03%
	BBWI	D	0.01%	0.01%	0.01%
	BBY	D	0.04%	0.03%	0.03%
	BC	C	0.01%	0.01%	0.01%
	BDX	F	0.12%	0.12%	0.12%
	BEN	C	0.01%	0.01%	0.01%
	BERY	B	0.01%	0.01%	0.01%
	BFAM	D	0.01%	0.01%	0.01%
	BG	F	0.02%	0.02%	0.02%
	BIIB	F	0.04%	0.04%	0.04%
	BILL	A	0.02%	0.02%	0.02%
	BIO	D	0.01%	0.01%	0.01%
	BIRK	D	0.0%	0.0%	0.0%
	BJ	A	0.02%	0.02%	0.02%
	BK	A	0.11%	0.1%	0.1%
	BKNG	A	0.31%	0.3%	0.3%
	BKR	B	0.08%	0.08%	0.08%
	BLD	D	0.02%	0.02%	0.02%
	BLDR	D	0.04%	0.04%	0.04%
	BLK	C	0.29%	0.28%	0.28%
	BMRN	D	0.02%	0.02%	0.02%
	BMY	B	0.21%	0.22%	0.21%
	BOKF	B	0.0%	0.0%	0.0%
	BPOP	B	0.01%	0.01%	0.01%
	BR	A	0.05%	0.05%	0.05%
	BRBR	A	0.02%	0.02%	0.02%
	BRK.A	B	1.59%	1.13%	1.13%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	B	0.05%	0.05%	0.05%
	BROS	B	0.01%	0.01%	0.01%
	BRX	A	0.02%	0.02%	0.02%
	BSX	B	0.24%	0.24%	0.24%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.03%	0.03%	0.03%
	BWA	D	0.01%	0.01%	0.01%
	BWXT	B	0.02%	0.02%	0.02%
	BX	A	0.24%	0.24%	0.24%
	BXP	D	0.02%	0.02%	0.02%
	BYD	C	0.01%	0.01%	0.01%
	C	A	0.24%	0.23%	0.23%
	CACC	D	0.01%	0.01%	0.01%
	CACI	D	0.02%	0.02%	0.02%
	CAG	D	0.02%	0.02%	0.02%
	CAH	B	0.05%	0.05%	0.05%
	CARR	D	0.12%	0.11%	0.11%
	CASY	A	0.03%	0.03%	0.03%
	CAT	B	0.35%	0.34%	0.34%
	CB	C	0.22%	0.21%	0.21%
	CBOE	B	0.04%	0.04%	0.04%
	CBRE	B	0.07%	0.07%	0.07%
	CBSH	A	0.02%	0.02%	0.02%
	CCI	D	0.08%	0.08%	0.08%
	CCK	C	0.02%	0.02%	0.02%
	CCL	B	0.05%	0.05%	0.05%
	CDNS	B	0.15%	0.15%	0.15%
	CDW	F	0.04%	0.04%	0.04%
	CE	F	0.01%	0.01%	0.01%
	CEG	D	0.13%	0.13%	0.13%
	CELH	F	0.01%	0.01%	0.01%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CFLT	B	0.01%	0.01%	0.01%
	CFR	B	0.02%	0.02%	0.02%
	CG	A	0.02%	0.02%	0.02%
	CGNX	C	0.01%	0.01%	0.01%
	CHD	B	0.05%	0.05%	0.05%
	CHDN	B	0.02%	0.02%	0.02%
	CHE	D	0.02%	0.01%	0.01%
	CHH	A	0.01%	0.01%	0.01%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	C	0.02%	0.02%	0.02%
	CHTR	C	0.07%	0.07%	0.07%
	CI	F	0.17%	0.16%	0.16%
	CIEN	B	0.02%	0.02%	0.02%
	CINF	A	0.04%	0.04%	0.04%
	CIVI	D	0.01%	0.01%	0.01%
	CL	D	0.14%	0.14%	0.14%
	CLF	F	0.01%	0.01%	0.01%
	CLH	B	0.02%	0.02%	0.02%
	CLVT	F	0.0%	0.0%	0.0%
	CLX	B	0.04%	0.04%	0.04%
	CMA	A	0.02%	0.02%	0.02%
	CMCSA	B	0.3%	0.3%	0.3%
	CME	A	0.15%	0.15%	0.15%
	CMG	B	0.15%	0.15%	0.15%
	CMI	A	0.09%	0.09%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNA	B	0.0%	0.0%	0.0%
	CNC	D	0.06%	0.06%	0.06%
	CNH	C	0.02%	0.02%	0.02%
	CNM	D	0.02%	0.01%	0.01%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.13%	0.12%	0.12%
	COHR	B	0.02%	0.02%	0.02%
	COIN	C	0.11%	0.12%	0.11%
	COKE	C	0.01%	0.01%	0.01%
	COLD	D	0.01%	0.01%	0.01%
	COLM	B	0.01%	0.01%	0.01%
	COP	C	0.24%	0.24%	0.24%
	COR	B	0.07%	0.08%	0.07%
	COST	B	0.74%	0.75%	0.74%
	COTY	F	0.01%	0.0%	0.0%
	CPAY	A	0.05%	0.05%	0.05%
	CPB	D	0.02%	0.02%	0.02%
	CPNG	D	0.05%	0.05%	0.05%
	CPRI	F	0.0%	0.0%	0.0%
	CPRT	A	0.09%	0.09%	0.09%
	CPT	B	0.02%	0.02%	0.02%
	CR	A	0.02%	0.02%	0.02%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.56%	0.55%	0.55%
	CROX	D	0.01%	0.01%	0.01%
	CRUS	D	0.01%	0.01%	0.01%
	CRWD	B	0.14%	0.15%	0.14%
	CSCO	B	0.43%	0.42%	0.42%
	CSGP	D	0.05%	0.05%	0.05%
	CSL	C	0.04%	0.04%	0.04%
	CSX	B	0.13%	0.12%	0.12%
	CTAS	B	0.14%	0.14%	0.14%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	B	0.07%	0.07%	0.07%
	CTVA	C	0.07%	0.07%	0.07%
	CUBE	D	0.02%	0.02%	0.02%
	CVNA	B	0.05%	0.05%	0.05%
	CVS	D	0.12%	0.13%	0.12%
	CVX	A	0.51%	0.5%	0.5%
	CW	B	0.02%	0.03%	0.02%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CZR	F	0.01%	0.01%	0.01%
	D	C	0.09%	0.09%	0.09%
	DAL	C	0.08%	0.08%	0.08%
	DAR	C	0.01%	0.01%	0.01%
	DASH	A	0.11%	0.1%	0.1%
	DAY	B	0.02%	0.02%	0.02%
	DBX	B	0.01%	0.01%	0.01%
	DCI	B	0.02%	0.02%	0.02%
	DD	D	0.06%	0.06%	0.06%
	DDOG	A	0.07%	0.07%	0.07%
	DDS	B	0.0%	0.01%	0.0%
	DE	A	0.19%	0.18%	0.18%
	DECK	A	0.05%	0.05%	0.05%
	DELL	C	0.07%	0.07%	0.07%
	DFS	B	0.08%	0.08%	0.08%
	DG	F	0.03%	0.03%	0.03%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.09%	0.09%	0.09%
	DHR	F	0.27%	0.27%	0.27%
	DINO	D	0.01%	0.01%	0.01%
	DIS	B	0.39%	0.37%	0.37%
	DJT	C	0.0%	0.0%	0.0%
	DKNG	B	0.03%	0.04%	0.03%
	DKS	C	0.02%	0.02%	0.02%
	DLB	B	0.01%	0.01%	0.01%
	DLR	B	0.11%	0.11%	0.11%
	DLTR	F	0.02%	0.02%	0.02%
	DNB	B	0.01%	0.01%	0.01%
	DOC	D	0.03%	0.03%	0.03%
	DOCS	C	0.01%	0.01%	0.01%
	DOCU	A	0.03%	0.03%	0.03%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.06%	0.06%	0.06%
	DOX	D	0.02%	0.02%	0.02%
	DPZ	C	0.03%	0.03%	0.03%
	DRI	B	0.04%	0.03%	0.03%
	DT	C	0.03%	0.03%	0.03%
	DTE	C	0.05%	0.05%	0.05%
	DTM	B	0.02%	0.02%	0.02%
	DUK	C	0.16%	0.16%	0.16%
	DUOL	A	0.02%	0.02%	0.02%
	DVA	B	0.01%	0.01%	0.01%
	DVN	F	0.04%	0.04%	0.04%
	DXCM	D	0.06%	0.05%	0.05%
	EA	A	0.08%	0.07%	0.07%
	EBAY	D	0.06%	0.05%	0.05%
	ECL	D	0.11%	0.11%	0.11%
	ED	D	0.06%	0.06%	0.06%
	EEFT	B	0.01%	0.01%	0.01%
	EFX	F	0.06%	0.05%	0.05%
	EG	C	0.03%	0.02%	0.02%
	EGP	F	0.02%	0.02%	0.02%
	EHC	B	0.02%	0.02%	0.02%
	EIX	B	0.06%	0.06%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELAN	D	0.01%	0.01%	0.01%
	ELF	C	0.01%	0.01%	0.01%
	ELS	C	0.02%	0.02%	0.02%
	ELV	F	0.17%	0.17%	0.17%
	EME	C	0.04%	0.04%	0.04%
	EMN	D	0.02%	0.02%	0.02%
	EMR	A	0.13%	0.14%	0.13%
	ENPH	F	0.01%	0.01%	0.01%
	ENTG	D	0.03%	0.03%	0.03%
	EOG	A	0.14%	0.14%	0.14%
	EPAM	C	0.02%	0.02%	0.02%
	EQH	B	0.03%	0.03%	0.03%
	EQIX	A	0.16%	0.16%	0.16%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.05%	0.05%
	ES	D	0.04%	0.04%	0.04%
	ESAB	B	0.01%	0.01%	0.01%
	ESI	A	0.01%	0.01%	0.01%
	ESS	B	0.04%	0.04%	0.04%
	ESTC	C	0.01%	0.01%	0.01%
	ETN	A	0.26%	0.26%	0.26%
	ETR	B	0.06%	0.06%	0.06%
	ETSY	D	0.01%	0.01%	0.01%
	EVR	B	0.02%	0.02%	0.02%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.07%	0.08%	0.07%
	EWBC	A	0.03%	0.03%	0.03%
	EXAS	D	0.02%	0.02%	0.02%
	EXC	C	0.07%	0.07%	0.07%
	EXEL	B	0.02%	0.02%	0.02%
	EXP	A	0.02%	0.02%	0.02%
	EXPD	D	0.03%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.06%	0.06%	0.06%
	F	C	0.08%	0.08%	0.08%
	FAF	A	0.01%	0.01%	0.01%
	FANG	D	0.06%	0.06%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FBIN	D	0.02%	0.02%	0.02%
	FCN	D	0.01%	0.01%	0.01%
	FCNCA	A	0.05%	0.05%	0.05%
	FCX	D	0.11%	0.12%	0.11%
	FDS	B	0.03%	0.03%	0.03%
	FDX	B	0.12%	0.12%	0.12%
	FE	C	0.04%	0.04%	0.04%
	FFIV	B	0.03%	0.03%	0.03%
	FHN	A	0.02%	0.02%	0.02%
	FI	A	0.22%	0.22%	0.22%
	FICO	B	0.1%	0.1%	0.1%
	FIS	C	0.09%	0.09%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FIVE	F	0.01%	0.01%	0.01%
	FIX	A	0.03%	0.03%	0.03%
	FLO	D	0.01%	0.01%	0.01%
	FLS	B	0.01%	0.01%	0.01%
	FMC	D	0.01%	0.01%	0.01%
	FND	C	0.02%	0.02%	0.02%
	FNF	B	0.03%	0.03%	0.03%
	FOUR	B	0.01%	0.01%	0.01%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FR	C	0.01%	0.01%	0.01%
	FRT	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.03%	0.03%
	FTI	A	0.02%	0.02%	0.02%
	FTNT	C	0.11%	0.1%	0.1%
	FTV	C	0.05%	0.05%	0.05%
	FYBR	D	0.02%	0.01%	0.01%
	G	B	0.02%	0.01%	0.01%
	GAP	C	0.01%	0.01%	0.01%
	GD	F	0.14%	0.12%	0.12%
	GDDY	A	0.05%	0.05%	0.05%
	GE	D	0.36%	0.35%	0.35%
	GEHC	F	0.07%	0.06%	0.06%
	GEN	B	0.03%	0.03%	0.03%
	GEV	B	0.17%	0.17%	0.17%
	GFS	C	0.01%	0.01%	0.01%
	GGG	B	0.03%	0.03%	0.03%
	GILD	C	0.2%	0.2%	0.2%
	GIS	D	0.07%	0.06%	0.06%
	GL	B	0.02%	0.02%	0.02%
	GLOB	B	0.02%	0.02%	0.02%
	GLPI	C	0.02%	0.02%	0.02%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.12%	0.11%	0.11%
	GME	C	0.02%	0.02%	0.02%
	GMED	A	0.02%	0.02%	0.02%
	GNRC	B	0.02%	0.02%	0.02%
	GNTX	C	0.01%	0.01%	0.01%
	GOOG	C	1.58%	1.71%	1.58%
	GOOGL	C	1.87%	1.9%	1.87%
	GPC	D	0.03%	0.03%	0.03%
	GPK	C	0.02%	0.02%	0.02%
	GPN	B	0.06%	0.05%	0.05%
	GRMN	B	0.06%	0.06%	0.06%
	GS	A	0.35%	0.33%	0.33%
	GTLB	B	0.01%	0.01%	0.01%
	GWRE	A	0.03%	0.03%	0.03%
	GWW	B	0.09%	0.09%	0.09%
	GXO	B	0.01%	0.01%	0.01%
	H	B	0.01%	0.01%	0.01%
	HAL	C	0.05%	0.05%	0.05%
	HAS	D	0.02%	0.01%	0.01%
	HBAN	A	0.05%	0.05%	0.05%
	HCA	F	0.12%	0.11%	0.11%
	HCP	B	0.01%	0.01%	0.01%
	HD	A	0.75%	0.74%	0.74%
	HEI	B	0.03%	0.02%	0.02%
	HEI	B	0.02%	0.02%	0.02%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.03%	0.03%	0.03%
	HES	B	0.08%	0.07%	0.07%
	HIG	B	0.06%	0.06%	0.06%
	HII	D	0.01%	0.01%	0.01%
	HLI	B	0.02%	0.02%	0.02%
	HLT	A	0.11%	0.11%	0.11%
	HOG	D	0.01%	0.01%	0.01%
	HOLX	D	0.03%	0.03%	0.03%
	HON	B	0.28%	0.27%	0.27%
	HOOD	B	0.04%	0.03%	0.03%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.06%	0.06%
	HRB	D	0.02%	0.01%	0.01%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	B	0.02%	0.02%	0.02%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.04%	0.04%	0.04%
	HUBS	A	0.06%	0.06%	0.06%
	HUM	C	0.06%	0.06%	0.06%
	HUN	F	0.01%	0.01%	0.01%
	HWM	A	0.08%	0.09%	0.08%
	HXL	D	0.01%	0.01%	0.01%
	IAC	D	0.01%	0.01%	0.01%
	IBKR	A	0.03%	0.04%	0.03%
	IBM	C	0.35%	0.35%	0.35%
	ICE	C	0.16%	0.16%	0.16%
	IDA	A	0.01%	0.01%	0.01%
	IDXX	F	0.06%	0.06%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.04%	0.04%	0.04%
	ILMN	D	0.04%	0.04%	0.04%
	INCY	C	0.02%	0.02%	0.02%
	INFA	D	0.0%	0.0%	0.0%
	INGR	B	0.02%	0.02%	0.02%
	INSP	D	0.01%	0.01%	0.01%
	INTC	D	0.19%	0.19%	0.19%
	INTU	C	0.35%	0.32%	0.32%
	INVH	D	0.04%	0.04%	0.04%
	IONS	F	0.01%	0.01%	0.01%
	IP	B	0.04%	0.04%	0.04%
	IPG	D	0.02%	0.02%	0.02%
	IQV	D	0.06%	0.06%	0.06%
	IR	B	0.08%	0.08%	0.08%
	IRM	D	0.06%	0.06%	0.06%
	ISRG	A	0.34%	0.35%	0.34%
	IT	C	0.07%	0.07%	0.07%
	ITCI	C	0.02%	0.01%	0.01%
	ITT	A	0.02%	0.02%	0.02%
	ITW	B	0.15%	0.14%	0.14%
	IVZ	B	0.01%	0.01%	0.01%
	J	F	0.03%	0.03%	0.03%
	JAZZ	B	0.01%	0.01%	0.01%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.1%	0.1%	0.1%
	JEF	A	0.02%	0.02%	0.02%
	JHG	A	0.01%	0.01%	0.01%
	JKHY	D	0.02%	0.02%	0.02%
	JLL	D	0.02%	0.02%	0.02%
	JNJ	D	0.69%	0.67%	0.67%
	JNPR	F	0.02%	0.02%	0.02%
	JPM	A	1.3%	1.26%	1.26%
	K	A	0.04%	0.04%	0.04%
	KBR	F	0.01%	0.01%	0.01%
	KDP	D	0.07%	0.06%	0.06%
	KEX	C	0.01%	0.01%	0.01%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	A	0.05%	0.05%	0.05%
	KHC	F	0.05%	0.04%	0.04%
	KIM	A	0.03%	0.03%	0.03%
	KKR	A	0.19%	0.19%	0.19%
	KLAC	D	0.15%	0.15%	0.15%
	KMB	D	0.08%	0.08%	0.08%
	KMI	A	0.1%	0.1%	0.1%
	KMX	B	0.02%	0.02%	0.02%
	KNSL	B	0.02%	0.02%	0.02%
	KNX	B	0.02%	0.02%	0.02%
	KO	D	0.44%	0.44%	0.44%
	KR	B	0.07%	0.07%	0.07%
	KRC	C	0.01%	0.01%	0.01%
	KVUE	A	0.08%	0.08%	0.08%
	L	A	0.03%	0.03%	0.03%
	LAD	A	0.02%	0.02%	0.02%
	LAMR	D	0.02%	0.02%	0.02%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.02%	0.02%	0.02%
	LCID	F	0.0%	0.0%	0.0%
	LDOS	C	0.04%	0.04%	0.04%
	LEA	D	0.01%	0.01%	0.01%
	LECO	B	0.02%	0.02%	0.02%
	LEN	D	0.0%	0.0%	0.0%
	LEN	D	0.07%	0.07%	0.07%
	LEN	D	0.07%	0.0%	0.0%
	LEN	D	0.0%	0.07%	0.0%
	LFUS	F	0.01%	0.01%	0.01%
	LH	C	0.04%	0.04%	0.04%
	LHX	C	0.09%	0.08%	0.08%
	LII	A	0.04%	0.04%	0.04%
	LIN	D	0.4%	0.39%	0.39%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	F	1.1%	1.13%	1.1%
	LMT	D	0.21%	0.23%	0.21%
	LNC	B	0.01%	0.01%	0.01%
	LNG	B	0.09%	0.09%	0.09%
	LNT	A	0.03%	0.03%	0.03%
	LNW	D	0.02%	0.01%	0.01%
	LOW	D	0.28%	0.27%	0.27%
	LPLA	A	0.04%	0.04%	0.04%
	LPX	B	0.01%	0.01%	0.01%
	LRCX	F	0.17%	0.17%	0.17%
	LSCC	D	0.01%	0.01%	0.01%
	LSTR	D	0.01%	0.01%	0.01%
	LULU	C	0.07%	0.06%	0.06%
	LUV	C	0.04%	0.04%	0.04%
	LVS	C	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.04%	0.04%
	LYFT	C	0.01%	0.01%	0.01%
	LYV	A	0.04%	0.04%	0.04%
	M	D	0.01%	0.01%	0.01%
	MA	C	0.8%	0.78%	0.78%
	MAA	B	0.03%	0.03%	0.03%
	MANH	D	0.03%	0.03%	0.03%
	MAR	B	0.12%	0.12%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MASI	A	0.01%	0.01%	0.01%
	MAT	D	0.01%	0.01%	0.01%
	MCD	D	0.39%	0.38%	0.38%
	MCHP	D	0.06%	0.06%	0.06%
	MCK	B	0.15%	0.15%	0.15%
	MCO	B	0.14%	0.13%	0.13%
	MDB	C	0.04%	0.04%	0.04%
	MDLZ	F	0.16%	0.16%	0.16%
	MDT	D	0.21%	0.2%	0.2%
	MDU	D	0.01%	0.01%	0.01%
	MEDP	D	0.01%	0.01%	0.01%
	MET	A	0.09%	0.09%	0.09%
	META	D	2.24%	2.23%	2.23%
	MGM	D	0.02%	0.02%	0.02%
	MHK	D	0.01%	0.01%	0.01%
	MIDD	C	0.01%	0.01%	0.01%
	MKC	D	0.03%	0.03%	0.03%
	MKL	A	0.04%	0.04%	0.04%
	MKSI	C	0.01%	0.01%	0.01%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.07%	0.07%	0.07%
	MMC	B	0.2%	0.2%	0.2%
	MMM	D	0.13%	0.13%	0.13%
	MNST	C	0.07%	0.07%	0.07%
	MO	A	0.18%	0.17%	0.17%
	MOH	F	0.03%	0.03%	0.03%
	MORN	B	0.02%	0.02%	0.02%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.1%	0.1%	0.1%
	MPWR	F	0.05%	0.05%	0.05%
	MRK	F	0.45%	0.45%	0.45%
	MRNA	F	0.02%	0.02%	0.02%
	MRO	B	0.03%	0.03%	0.03%
	MRVL	B	0.14%	0.14%	0.14%
	MS	A	0.29%	0.3%	0.29%
	MSA	D	0.01%	0.01%	0.01%
	MSCI	C	0.08%	0.08%	0.08%
	MSFT	F	5.7%	5.59%	5.59%
	MSI	B	0.15%	0.15%	0.15%
	MSM	C	0.01%	0.01%	0.01%
	MSTR	C	0.1%	0.14%	0.1%
	MTB	A	0.07%	0.06%	0.06%
	MTCH	D	0.01%	0.01%	0.01%
	MTD	D	0.05%	0.04%	0.04%
	MTDR	B	0.01%	0.01%	0.01%
	MTN	C	0.01%	0.01%	0.01%
	MTSI	B	0.01%	0.01%	0.01%
	MTZ	B	0.02%	0.02%	0.02%
	MU	D	0.2%	0.2%	0.2%
	MUSA	A	0.02%	0.02%	0.02%
	NBIX	C	0.02%	0.02%	0.02%
	NCLH	B	0.02%	0.02%	0.02%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.29%	0.29%	0.29%
	NEM	D	0.09%	0.09%	0.09%
	NET	B	0.05%	0.05%	0.05%
	NFG	A	0.01%	0.01%	0.01%
	NFLX	A	0.65%	0.67%	0.65%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.17%	0.16%	0.16%
	NNN	D	0.01%	0.01%	0.01%
	NOC	D	0.13%	0.13%	0.13%
	NOV	C	0.01%	0.01%	0.01%
	NOW	A	0.38%	0.38%	0.38%
	NRG	B	0.04%	0.04%	0.04%
	NSA	D	0.01%	0.01%	0.01%
	NSC	B	0.11%	0.11%	0.11%
	NTAP	C	0.04%	0.05%	0.04%
	NTNX	A	0.03%	0.03%	0.03%
	NTRA	B	0.03%	0.03%	0.03%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.06%	0.06%	0.06%
	NVDA	C	6.14%	6.32%	6.14%
	NVR	D	0.05%	0.05%	0.05%
	NVT	B	0.02%	0.02%	0.02%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.02%	0.02%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	NYT	C	0.02%	0.01%	0.01%
	O	D	0.09%	0.09%	0.09%
	OC	A	0.03%	0.03%	0.03%
	ODFL	B	0.08%	0.07%	0.07%
	OGE	B	0.02%	0.02%	0.02%
	OGN	D	0.01%	0.01%	0.01%
	OHI	C	0.02%	0.02%	0.02%
	OKE	A	0.12%	0.12%	0.12%
	OKTA	C	0.02%	0.02%	0.02%
	OLED	D	0.01%	0.01%	0.01%
	OLN	D	0.01%	0.01%	0.01%
	OMC	C	0.03%	0.03%	0.03%
	OMF	A	0.01%	0.01%	0.01%
	ON	D	0.05%	0.05%	0.05%
	ONTO	D	0.01%	0.01%	0.01%
	ORCL	B	0.53%	0.56%	0.53%
	ORI	A	0.02%	0.02%	0.02%
	ORLY	B	0.13%	0.13%	0.13%
	OSK	B	0.01%	0.01%	0.01%
	OTIS	C	0.07%	0.07%	0.07%
	OVV	B	0.02%	0.02%	0.02%
	OWL	A	0.02%	0.02%	0.02%
	OXY	D	0.06%	0.06%	0.06%
	OZK	B	0.01%	0.01%	0.01%
	PAG	B	0.01%	0.01%	0.01%
	PANW	C	0.22%	0.23%	0.22%
	PARA	C	0.01%	0.01%	0.01%
	PATH	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.08%	0.08%	0.08%
	PB	A	0.01%	0.01%	0.01%
	PCAR	B	0.11%	0.1%	0.1%
	PCG	A	0.08%	0.08%	0.08%
	PCOR	B	0.01%	0.01%	0.01%
	PCTY	B	0.02%	0.02%	0.02%
	PEG	A	0.08%	0.08%	0.08%
	PEN	B	0.02%	0.02%	0.02%
	PEP	F	0.4%	0.39%	0.39%
	PFE	D	0.26%	0.26%	0.26%
	PFG	D	0.04%	0.04%	0.04%
	PFGC	B	0.02%	0.02%	0.02%
	PG	A	0.74%	0.73%	0.73%
	PGR	A	0.28%	0.27%	0.27%
	PH	A	0.17%	0.16%	0.16%
	PHM	D	0.05%	0.05%	0.05%
	PII	D	0.01%	0.01%	0.01%
	PINS	D	0.03%	0.03%	0.03%
	PKG	A	0.04%	0.04%	0.04%
	PLD	D	0.19%	0.19%	0.19%
	PLNT	A	0.02%	0.02%	0.02%
	PLTR	B	0.24%	0.23%	0.23%
	PM	B	0.37%	0.37%	0.37%
	PNC	B	0.15%	0.15%	0.15%
	PNFP	B	0.02%	0.02%	0.02%
	PNR	A	0.03%	0.03%	0.03%
	PNW	B	0.02%	0.02%	0.02%
	PODD	C	0.03%	0.03%	0.03%
	POOL	C	0.02%	0.03%	0.02%
	POST	C	0.01%	0.01%	0.01%
	PPC	C	0.0%	0.0%	0.0%
	PPG	F	0.05%	0.05%	0.05%
	PPL	B	0.05%	0.05%	0.05%
	PR	B	0.02%	0.02%	0.02%
	PRI	A	0.02%	0.02%	0.02%
	PRU	A	0.08%	0.08%	0.08%
	PSA	D	0.1%	0.1%	0.1%
	PSN	D	0.01%	0.01%	0.01%
	PSTG	D	0.03%	0.03%	0.03%
	PSX	C	0.1%	0.1%	0.1%
	PTC	A	0.04%	0.04%	0.04%
	PVH	C	0.01%	0.01%	0.01%
	PWR	A	0.09%	0.09%	0.09%
	PYPL	B	0.16%	0.16%	0.16%
	QCOM	F	0.33%	0.33%	0.33%
	QRVO	F	0.01%	0.01%	0.01%
	RBC	A	0.02%	0.02%	0.02%
	RBLX	C	0.05%	0.05%	0.05%
	RCL	A	0.1%	0.1%	0.1%
	RCM	F	0.0%	0.0%	0.0%
	REG	B	0.03%	0.02%	0.02%
	REGN	F	0.15%	0.14%	0.14%
	REXR	F	0.02%	0.02%	0.02%
	REYN	D	0.0%	0.0%	0.0%
	RF	A	0.04%	0.04%	0.04%
	RGA	A	0.03%	0.03%	0.03%
	RGEN	D	0.01%	0.01%	0.01%
	RGLD	C	0.02%	0.02%	0.02%
	RH	B	0.01%	0.01%	0.01%
	RHI	B	0.01%	0.01%	0.01%
	RIVN	F	0.02%	0.01%	0.01%
	RJF	A	0.06%	0.06%	0.06%
	RKT	F	0.0%	0.0%	0.0%
	RL	B	0.02%	0.02%	0.02%
	RLI	B	0.01%	0.01%	0.01%
	RMD	C	0.06%	0.06%	0.06%
	RNR	C	0.02%	0.02%	0.02%
	ROIV	C	0.01%	0.01%	0.01%
	ROK	B	0.06%	0.06%	0.06%
	ROKU	D	0.02%	0.02%	0.02%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.11%	0.11%	0.11%
	ROST	C	0.09%	0.08%	0.08%
	RPM	A	0.03%	0.03%	0.03%
	RPRX	D	0.02%	0.02%	0.02%
	RRC	B	0.01%	0.02%	0.01%
	RRX	B	0.02%	0.02%	0.02%
	RS	B	0.03%	0.03%	0.03%
	RSG	A	0.08%	0.08%	0.08%
	RTX	C	0.29%	0.29%	0.29%
	RVTY	F	0.02%	0.03%	0.02%
	RYAN	B	0.01%	0.01%	0.01%
	RYN	D	0.01%	0.01%	0.01%
	S	B	0.01%	0.01%	0.01%
	SAIA	B	0.03%	0.03%	0.03%
	SAIC	F	0.01%	0.01%	0.01%
	SBAC	D	0.04%	0.04%	0.04%
	SBUX	A	0.21%	0.2%	0.2%
	SCHW	B	0.22%	0.22%	0.22%
	SCI	B	0.02%	0.02%	0.02%
	SEE	C	0.01%	0.01%	0.01%
	SEIC	B	0.02%	0.01%	0.01%
	SF	B	0.02%	0.02%	0.02%
	SHW	A	0.16%	0.16%	0.16%
	SIRI	C	0.01%	0.01%	0.01%
	SITE	D	0.01%	0.01%	0.01%
	SJM	D	0.02%	0.02%	0.02%
	SKX	D	0.01%	0.02%	0.01%
	SLB	C	0.11%	0.11%	0.11%
	SLGN	A	0.01%	0.01%	0.01%
	SMAR	A	0.01%	0.01%	0.01%
	SMCI	F	0.02%	0.03%	0.02%
	SN	D	0.01%	0.01%	0.01%
	SNA	A	0.03%	0.03%	0.03%
	SNOW	C	0.07%	0.08%	0.07%
	SNPS	B	0.15%	0.15%	0.15%
	SNV	B	0.01%	0.01%	0.01%
	SNX	C	0.02%	0.02%	0.02%
	SO	D	0.18%	0.18%	0.18%
	SOFI	A	0.03%	0.02%	0.02%
	SOLV	C	0.02%	0.02%	0.02%
	SON	D	0.01%	0.01%	0.01%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	C	0.29%	0.29%	0.29%
	SQ	B	0.09%	0.09%	0.09%
	SRE	A	0.11%	0.11%	0.11%
	SRPT	D	0.02%	0.02%	0.02%
	SSD	D	0.01%	0.01%	0.01%
	SSNC	B	0.03%	0.03%	0.03%
	ST	F	0.01%	0.01%	0.01%
	STAG	F	0.01%	0.01%	0.01%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.05%	0.05%	0.05%
	STWD	C	0.01%	0.01%	0.01%
	STZ	D	0.07%	0.07%	0.07%
	SUI	D	0.03%	0.03%	0.03%
	SW	A	0.05%	0.05%	0.05%
	SWK	D	0.02%	0.02%	0.02%
	SWKS	F	0.02%	0.02%	0.02%
	SYF	B	0.05%	0.05%	0.05%
	SYK	C	0.26%	0.23%	0.23%
	SYY	B	0.07%	0.07%	0.07%
	T	A	0.3%	0.3%	0.3%
	TAP	C	0.02%	0.02%	0.02%
	TDG	D	0.13%	0.13%	0.13%
	TDY	B	0.04%	0.04%	0.04%
	TEAM	A	0.07%	0.07%	0.07%
	TECH	D	0.02%	0.02%	0.02%
	TER	D	0.03%	0.03%	0.03%
	TFC	A	0.11%	0.11%	0.11%
	TFX	F	0.02%	0.02%	0.02%
	TGT	F	0.13%	0.13%	0.13%
	THC	D	0.03%	0.02%	0.02%
	THG	A	0.01%	0.01%	0.01%
	THO	B	0.01%	0.01%	0.01%
	TJX	A	0.25%	0.25%	0.25%
	TKO	B	0.02%	0.02%	0.02%
	TKR	D	0.01%	0.01%	0.01%
	TMO	F	0.36%	0.35%	0.35%
	TMUS	B	0.21%	0.21%	0.21%
	TOL	B	0.03%	0.03%	0.03%
	TOST	B	0.03%	0.03%	0.03%
	TPG	A	0.01%	0.01%	0.01%
	TPL	A	0.05%	0.06%	0.05%
	TPR	B	0.02%	0.02%	0.02%
	TPX	B	0.02%	0.02%	0.02%
	TREX	C	0.01%	0.01%	0.01%
	TRGP	B	0.08%	0.08%	0.08%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.03%	0.03%	0.03%
	TRV	B	0.11%	0.11%	0.11%
	TSCO	D	0.05%	0.05%	0.05%
	TSLA	B	1.65%	1.76%	1.65%
	TSN	B	0.03%	0.03%	0.03%
	TT	A	0.17%	0.17%	0.17%
	TTC	D	0.02%	0.02%	0.02%
	TTD	B	0.1%	0.1%	0.1%
	TTEK	F	0.02%	0.02%	0.02%
	TTWO	A	0.06%	0.06%	0.06%
	TW	A	0.03%	0.03%	0.03%
	TWLO	A	0.03%	0.03%	0.03%
	TXN	C	0.34%	0.33%	0.33%
	TXRH	C	0.02%	0.02%	0.02%
	TXT	D	0.03%	0.03%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	U	C	0.01%	0.01%	0.01%
	UAL	A	0.05%	0.06%	0.05%
	UBER	D	0.27%	0.26%	0.26%
	UDR	B	0.03%	0.03%	0.03%
	UGI	A	0.01%	0.01%	0.01%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.01%	0.97%	0.97%
	UNM	A	0.02%	0.02%	0.02%
	UNP	C	0.27%	0.26%	0.26%
	UPS	C	0.18%	0.18%	0.18%
	URI	B	0.1%	0.1%	0.1%
	USB	A	0.14%	0.14%	0.14%
	USFD	A	0.03%	0.03%	0.03%
	UTHR	C	0.03%	0.03%	0.03%
	UWMC	D	0.0%	0.0%	0.0%
	V	A	0.9%	0.95%	0.9%
	VEEV	C	0.06%	0.06%	0.06%
	VFC	C	0.01%	0.01%	0.01%
	VICI	C	0.06%	0.06%	0.06%
	VKTX	F	0.01%	0.01%	0.01%
	VLO	C	0.08%	0.08%	0.08%
	VLTO	D	0.05%	0.04%	0.04%
	VMC	B	0.07%	0.07%	0.07%
	VMI	B	0.01%	0.01%	0.01%
	VNO	B	0.01%	0.01%	0.01%
	VNT	B	0.01%	0.01%	0.01%
	VOYA	B	0.02%	0.01%	0.01%
	VRSK	A	0.07%	0.07%	0.07%
	VRSN	F	0.03%	0.03%	0.03%
	VRT	B	0.08%	0.09%	0.08%
	VRTX	F	0.22%	0.21%	0.21%
	VST	B	0.09%	0.1%	0.09%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	A	0.03%	0.03%	0.03%
	VVV	F	0.01%	0.01%	0.01%
	VZ	C	0.32%	0.32%	0.32%
	W	F	0.01%	0.01%	0.01%
	WAB	B	0.06%	0.06%	0.06%
	WAL	B	0.02%	0.02%	0.02%
	WAT	B	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	C	0.04%	0.04%	0.04%
	WBS	A	0.02%	0.02%	0.02%
	WCC	B	0.02%	0.02%	0.02%
	WDAY	B	0.1%	0.1%	0.1%
	WDC	D	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.15%	0.15%	0.15%
	WEX	D	0.01%	0.01%	0.01%
	WFC	A	0.48%	0.46%	0.46%
	WFRD	D	0.01%	0.01%	0.01%
	WH	B	0.01%	0.01%	0.01%
	WHR	B	0.01%	0.01%	0.01%
	WING	D	0.02%	0.02%	0.02%
	WLK	D	0.01%	0.01%	0.01%
	WM	A	0.16%	0.16%	0.16%
	WMB	A	0.13%	0.13%	0.13%
	WMS	D	0.02%	0.02%	0.02%
	WMT	A	0.68%	0.69%	0.68%
	WPC	D	0.02%	0.02%	0.02%
	WRB	A	0.03%	0.03%	0.03%
	WSC	D	0.01%	0.01%	0.01%
	WSM	B	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.03%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTFC	A	0.02%	0.01%	0.01%
	WTRG	B	0.02%	0.02%	0.02%
	WTW	B	0.06%	0.06%	0.06%
	WWD	B	0.02%	0.02%	0.02%
	WY	D	0.04%	0.04%	0.04%
	WYNN	D	0.02%	0.02%	0.02%
	X	C	0.01%	0.02%	0.01%
	XEL	A	0.07%	0.07%	0.07%
	XOM	B	0.99%	0.96%	0.96%
	XPO	B	0.03%	0.03%	0.03%
	XRAY	F	0.01%	0.01%	0.01%
	XYL	D	0.05%	0.05%	0.05%
	YUM	B	0.07%	0.07%	0.07%
	Z	A	0.02%	0.02%	0.02%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZG	A	0.01%	0.01%	0.01%
	ZION	B	0.02%	0.02%	0.02%
	ZM	B	0.04%	0.04%	0.04%
	ZS	C	0.03%	0.03%	0.03%
	ZTS	D	0.15%	0.15%	0.15%

IWB Overweight 118 Positions Relative to GUSA

	Symbol	Grade	Weight
	CRH	A	0.12%
	FERG	B	0.07%
	EXE	B	0.04%
	COO	D	0.04%
	FWONK	B	0.03%
	CAVA	B	0.02%
	NLY	C	0.02%
	CART	C	0.01%
	FRPT	B	0.01%
	R	B	0.01%
	HR	C	0.01%
	AWI	A	0.01%
	AZPN	A	0.01%
	MTG	C	0.01%
	COLB	A	0.01%
	KD	B	0.01%
	FNB	A	0.01%
	LAZ	B	0.01%
	OLLI	D	0.01%
	LITE	B	0.01%
	RITM	C	0.01%
	SLM	A	0.01%
	CCCS	B	0.01%
	VNOM	A	0.01%
	AVT	C	0.01%
	WTM	A	0.01%
	CUZ	B	0.01%
	LOPE	B	0.01%
	AGO	B	0.01%
	KMPR	B	0.01%
	GTES	A	0.01%
	MSGS	A	0.01%
	PEGA	A	0.01%
	LINE	F	0.01%
	RARE	D	0.01%
	NEU	C	0.01%
	DXC	B	0.01%
	NWL	B	0.01%
	PRGO	B	0.01%
	TNL	A	0.01%
	SPR	D	0.01%
	IRDM	D	0.01%
	FHB	A	0.01%
	HIW	D	0.01%
	NVST	B	0.01%
	NCNO	B	0.01%
	BHF	B	0.01%
	VAC	B	0.01%
	SMG	D	0.01%
	YETI	C	0.01%
	PENN	C	0.01%
	EPR	D	0.01%
	WEN	D	0.01%
	ZI	D	0.01%
	AMTM	D	0.01%
	WU	D	0.01%
	RNG	B	0.01%
	SNRE	D	0.01%
	PK	B	0.01%
	LLYVK	A	0.01%
	SAM	C	0.01%
	VIRT	B	0.01%
	TDC	D	0.01%
	MAN	D	0.01%
	ECG	C	0.01%
	AMED	F	0.01%
	CC	C	0.01%
	FIVN	C	0.01%
	APLS	D	0.01%
	CXT	B	0.0%
	HHH	B	0.0%
	DV	C	0.0%
	ENOV	C	0.0%
	MPW	F	0.0%
	JWN	C	0.0%
	MP	B	0.0%
	SPB	C	0.0%
	ALGM	D	0.0%
	PINC	B	0.0%
	HAYW	B	0.0%
	AZTA	D	0.0%
	AAP	C	0.0%
	ADT	C	0.0%
	IPGP	D	0.0%
	SHC	F	0.0%
	LBTYK	A	0.0%
	LBTYA	B	0.0%
	KSS	F	0.0%
	CRI	D	0.0%
	UAA	C	0.0%
	VSTS	C	0.0%
	QDEL	F	0.0%
	ALAB	B	0.0%
	FWONA	B	0.0%
	CAR	C	0.0%
	FTRE	D	0.0%
	UA	C	0.0%
	CNXC	F	0.0%
	QS	F	0.0%
	GO	C	0.0%
	LEG	F	0.0%
	TRIP	F	0.0%
	TXG	F	0.0%
	SNDR	B	0.0%
	UI	A	0.0%
	LLYVA	A	0.0%
	PYCR	C	0.0%
	CERT	F	0.0%
	AS	B	0.0%
	TFSL	A	0.0%
	LOAR	A	0.0%
	WOLF	F	0.0%
	NFE	D	0.0%
	SEB	F	0.0%
	GRAL	C	0.0%
	PARAA	B	0.0%
	SEG	B	0.0%
	PLTK	B	0.0%

IWB Underweight 93 Positions Relative to GUSA

	Symbol	Grade	Weight
	MELI	D	-0.16%
	SPOT	B	-0.12%
	FLUT	A	-0.09%
	STX	D	-0.04%
	YUMC	C	-0.03%
	FLEX	A	-0.03%
	SFM	A	-0.03%
	INSM	C	-0.02%
	SNAP	C	-0.02%
	ERIE	D	-0.02%
	IOT	A	-0.02%
	AIT	A	-0.02%
	MLI	C	-0.02%
	PCVX	D	-0.02%
	RDDT	B	-0.02%
	SCCO	F	-0.02%
	FN	D	-0.02%
	CRS	A	-0.02%
	FLR	B	-0.02%
	QGEN	D	-0.02%
	RVMD	C	-0.02%
	HQY	B	-0.02%
	SSB	B	-0.01%
	ENSG	D	-0.01%
	GKOS	B	-0.01%
	UFPI	B	-0.01%
	JXN	C	-0.01%
	CVLT	B	-0.01%
	CRBG	B	-0.01%
	GTLS	B	-0.01%
	TMHC	B	-0.01%
	CMC	B	-0.01%
	ANF	C	-0.01%
	EXLS	B	-0.01%
	HLNE	B	-0.01%
	ALV	C	-0.01%
	MOD	A	-0.01%
	RHP	B	-0.01%
	ONB	B	-0.01%
	SPSC	C	-0.01%
	MTH	D	-0.01%
	GBCI	B	-0.01%
	NOVT	D	-0.01%
	BPMC	C	-0.01%
	SIGI	C	-0.01%
	CHX	C	-0.01%
	ESNT	D	-0.01%
	ALTR	B	-0.01%
	AUR	C	-0.01%
	SUM	B	-0.01%
	WTS	B	-0.01%
	RMBS	C	-0.01%
	HALO	F	-0.01%
	EDR	A	-0.01%
	UBSI	B	-0.01%
	LNTH	D	-0.01%
	CYTK	F	-0.01%
	GATX	A	-0.01%
	QLYS	C	-0.01%
	SM	B	-0.01%
	ABG	B	-0.01%
	FFIN	B	-0.01%
	IBP	D	-0.01%
	MMS	F	-0.01%
	EXPO	D	-0.01%
	MUR	D	-0.01%
	TENB	C	-0.01%
	MGY	A	-0.01%
	SWX	B	-0.01%
	CHWY	B	-0.01%
	WMG	C	-0.01%
	NSIT	F	-0.01%
	STEP	B	-0.01%
	SIG	B	-0.01%
	ENLC	A	-0.01%
	ZETA	D	-0.01%
	OPCH	D	-0.01%
	ASGN	F	-0.01%
	LANC	C	-0.01%
	NUVL	D	-0.01%
	CRVL	A	-0.01%
	SATS	D	-0.01%
	HESM	B	-0.01%
	TNET	D	-0.01%
	ADTN	A	-0.01%
	STNG	F	-0.0%
	BBIO	F	-0.0%
	KNTK	B	-0.0%
	SMMT	D	-0.0%
	IGT	F	-0.0%
	LEVI	F	-0.0%
	IMVT	F	-0.0%
	BLCO	D	-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

GUSA: Top Represented Industries & Keywords

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

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