IWB vs. NZUS ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to SPDR MSCI USA Climate Paris Aligned ETF (NZUS)

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

NZUS

SPDR MSCI USA Climate Paris Aligned ETF

NZUS Description

SPDR Series Trust - SPDR MSCI USA Climate Paris Aligned ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Climate Paris Aligned Index, by using representative sampling technique. It does not invest in stocks of companies operating across cluster bombs, landmines, depleted uranium, chemical or biological weapons, blinding laser weapons, non-detectable fragments or incendiary weapons, tobacco, mining of thermal coal, oil and gas related activities, including distribution / retail, equipment and services, extraction and production, petrochemicals, pipelines and transportation and refining, thermal coal based, liquid fuel based and natural gas based power generation sectors. SPDR Series Trust - SPDR MSCI USA Climate Paris Aligned ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.37

Average Daily Volume

311

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	IWB	NZUS
30 Days	2.70%	2.07%
60 Days	6.47%	4.64%
90 Days	7.98%	7.01%
12 Months	34.14%	33.23%

245 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in NZUS	Overlap
	A	F	0.07%	0.09%	0.07%
	AAPL	C	5.97%	6.69%	5.97%
	ABBV	F	0.64%	0.57%	0.57%
	ABNB	C	0.11%	0.19%	0.11%
	ACGL	C	0.07%	0.24%	0.07%
	ACM	B	0.03%	0.57%	0.03%
	ACN	B	0.4%	0.62%	0.4%
	ADBE	C	0.4%	0.59%	0.4%
	ADI	D	0.2%	0.63%	0.2%
	ADP	A	0.23%	0.09%	0.09%
	ADSK	B	0.12%	0.28%	0.12%
	AFG	A	0.02%	0.17%	0.02%
	AFL	C	0.11%	0.56%	0.11%
	AJG	A	0.11%	0.1%	0.1%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	B	0.09%	0.14%	0.09%
	ALLE	D	0.02%	0.24%	0.02%
	ALNY	D	0.06%	0.11%	0.06%
	AMD	F	0.43%	0.57%	0.43%
	AME	A	0.08%	0.54%	0.08%
	AMGN	F	0.32%	0.28%	0.28%
	AMP	A	0.1%	0.04%	0.04%
	AMT	F	0.17%	0.24%	0.17%
	AMZN	A	3.5%	3.66%	3.5%
	ANET	C	0.19%	0.07%	0.07%
	ANSS	B	0.05%	0.06%	0.05%
	AON	B	0.14%	0.19%	0.14%
	AOS	F	0.02%	0.05%	0.02%
	APH	B	0.16%	0.19%	0.16%
	APO	B	0.15%	0.22%	0.15%
	ARE	F	0.04%	0.45%	0.04%
	AVB	B	0.06%	0.45%	0.06%
	AVGO	C	1.51%	1.71%	1.51%
	AVTR	F	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.52%	0.05%
	AXON	B	0.08%	0.16%	0.08%
	AXP	B	0.29%	0.39%	0.29%
	BAC	A	0.55%	0.01%	0.01%
	BAH	C	0.04%	0.04%	0.04%
	BAX	F	0.03%	0.01%	0.01%
	BDX	F	0.12%	0.09%	0.09%
	BIIB	F	0.05%	0.06%	0.05%
	BIO	C	0.01%	0.04%	0.01%
	BK	B	0.1%	0.21%	0.1%
	BMRN	F	0.02%	0.05%	0.02%
	BMY	B	0.2%	0.36%	0.2%
	BRO	B	0.05%	0.21%	0.05%
	BSX	A	0.23%	0.28%	0.23%
	BX	A	0.23%	0.24%	0.23%
	BXP	D	0.02%	0.45%	0.02%
	CB	C	0.21%	0.38%	0.21%
	CBOE	D	0.04%	0.1%	0.04%
	CHD	A	0.05%	0.2%	0.05%
	CHTR	B	0.07%	0.13%	0.07%
	CINF	A	0.04%	0.14%	0.04%
	CMCSA	B	0.3%	0.23%	0.23%
	CME	B	0.15%	0.3%	0.15%
	CMG	B	0.15%	0.16%	0.15%
	COIN	B	0.1%	0.02%	0.02%
	CPRT	A	0.09%	0.17%	0.09%
	CRM	B	0.55%	0.86%	0.55%
	CSCO	A	0.43%	0.85%	0.43%
	CSGP	F	0.06%	0.1%	0.06%
	CSX	B	0.13%	0.01%	0.01%
	CTAS	B	0.14%	0.2%	0.14%
	CTLT	D	0.02%	0.04%	0.02%
	DFS	B	0.08%	0.08%	0.08%
	DGX	B	0.03%	0.03%	0.03%
	DHR	F	0.29%	0.51%	0.29%
	DIS	B	0.33%	0.39%	0.33%
	DLR	C	0.11%	1.7%	0.11%
	DOC	C	0.03%	0.45%	0.03%
	DOCU	B	0.03%	0.02%	0.02%
	DXCM	C	0.05%	0.08%	0.05%
	EBAY	C	0.06%	0.18%	0.06%
	ECL	C	0.11%	0.15%	0.11%
	EFX	F	0.06%	0.1%	0.06%
	EIX	C	0.06%	1.21%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELV	F	0.18%	0.22%	0.18%
	ENPH	F	0.02%	0.21%	0.02%
	EPAM	B	0.02%	0.01%	0.01%
	EQIX	B	0.16%	0.87%	0.16%
	EQR	C	0.05%	0.1%	0.05%
	ESS	C	0.04%	0.44%	0.04%
	ETN	B	0.26%	0.11%	0.11%
	EW	F	0.07%	0.17%	0.07%
	EXAS	F	0.02%	0.02%	0.02%
	EXR	D	0.06%	0.05%	0.05%
	FAST	B	0.09%	0.24%	0.09%
	FDS	A	0.03%	0.11%	0.03%
	FFIV	B	0.03%	0.16%	0.03%
	FI	A	0.22%	0.1%	0.1%
	FOX	A	0.01%	0.03%	0.01%
	FOXA	A	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.58%	0.04%
	FTNT	B	0.1%	0.13%	0.1%
	FTV	C	0.05%	0.36%	0.05%
	GGG	B	0.03%	0.1%	0.03%
	GILD	B	0.22%	0.03%	0.03%
	GOOG	C	1.6%	2.36%	1.6%
	GOOGL	C	1.9%	1.21%	1.21%
	GRMN	A	0.06%	0.25%	0.06%
	GWW	B	0.09%	0.05%	0.05%
	HD	B	0.73%	0.9%	0.73%
	HIG	C	0.06%	0.17%	0.06%
	HLT	A	0.11%	0.04%	0.04%
	HOLX	D	0.03%	0.08%	0.03%
	HSY	F	0.05%	0.29%	0.05%
	HUBS	B	0.06%	0.03%	0.03%
	HUM	D	0.06%	0.08%	0.06%
	IBM	D	0.36%	1.24%	0.36%
	ICE	C	0.16%	0.27%	0.16%
	IDXX	F	0.06%	0.13%	0.06%
	IEX	B	0.03%	0.25%	0.03%
	ILMN	C	0.04%	0.06%	0.04%
	INCY	B	0.02%	0.04%	0.02%
	INTC	C	0.2%	0.28%	0.2%
	INTU	A	0.34%	0.63%	0.34%
	IQV	F	0.07%	0.02%	0.02%
	IR	A	0.07%	0.04%	0.04%
	ISRG	A	0.34%	0.38%	0.34%
	ITW	B	0.15%	0.35%	0.15%
	JNJ	D	0.68%	0.9%	0.68%
	JNPR	D	0.02%	0.31%	0.02%
	JPM	A	1.23%	1.27%	1.23%
	KDP	C	0.07%	0.08%	0.07%
	KEYS	C	0.05%	0.13%	0.05%
	KIM	A	0.03%	0.09%	0.03%
	KKR	B	0.19%	0.18%	0.18%
	KLAC	F	0.17%	0.22%	0.17%
	LH	B	0.04%	0.02%	0.02%
	LLY	F	1.2%	1.74%	1.2%
	LOW	B	0.28%	0.05%	0.05%
	LULU	B	0.07%	0.1%	0.07%
	MA	B	0.78%	1.26%	0.78%
	MCD	C	0.39%	0.96%	0.39%
	MCO	C	0.14%	0.57%	0.14%
	MDB	C	0.04%	0.01%	0.01%
	MDT	D	0.2%	0.3%	0.2%
	MET	C	0.09%	0.12%	0.09%
	META	B	2.34%	2.55%	2.34%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.12%	0.04%
	MKTX	C	0.02%	0.07%	0.02%
	MMC	D	0.2%	0.33%	0.2%
	MNST	B	0.07%	0.15%	0.07%
	MPWR	F	0.06%	0.1%	0.06%
	MRK	F	0.47%	0.66%	0.47%
	MRNA	F	0.03%	0.01%	0.01%
	MRVL	B	0.15%	0.32%	0.15%
	MSFT	C	5.69%	6.65%	5.69%
	MSI	B	0.15%	0.52%	0.15%
	MTB	A	0.06%	0.08%	0.06%
	MTCH	F	0.01%	0.02%	0.01%
	MTD	F	0.05%	0.33%	0.05%
	NBIX	C	0.02%	0.04%	0.02%
	NDAQ	B	0.06%	0.12%	0.06%
	NEM	F	0.09%	0.09%	0.09%
	NFLX	A	0.62%	0.79%	0.62%
	NKE	F	0.16%	0.08%	0.08%
	NOW	A	0.37%	0.94%	0.37%
	NTRS	A	0.04%	0.09%	0.04%
	NVDA	A	6.25%	7.86%	6.25%
	O	D	0.09%	0.18%	0.09%
	ODFL	B	0.08%	0.2%	0.08%
	OKTA	C	0.02%	0.02%	0.02%
	ORCL	A	0.54%	0.82%	0.54%
	PANW	B	0.22%	0.06%	0.06%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.15%	0.09%
	PFE	F	0.27%	0.25%	0.25%
	PGR	A	0.28%	0.36%	0.28%
	PINS	F	0.03%	0.02%	0.02%
	PLD	D	0.19%	0.72%	0.19%
	PNR	A	0.03%	0.47%	0.03%
	PODD	B	0.03%	0.05%	0.03%
	PSA	D	0.1%	0.21%	0.1%
	PYPL	A	0.15%	0.2%	0.15%
	QCOM	F	0.35%	0.43%	0.35%
	REGN	F	0.16%	0.21%	0.16%
	RIVN	F	0.02%	0.29%	0.02%
	RMD	C	0.07%	0.14%	0.07%
	ROK	B	0.06%	0.45%	0.06%
	ROL	C	0.03%	0.12%	0.03%
	ROP	A	0.11%	0.17%	0.11%
	ROST	D	0.09%	0.14%	0.09%
	RPRX	F	0.02%	0.11%	0.02%
	RVTY	C	0.03%	0.12%	0.03%
	SBUX	B	0.2%	0.27%	0.2%
	SCHW	B	0.2%	0.4%	0.2%
	SEIC	A	0.01%	0.1%	0.01%
	SHW	A	0.16%	1.53%	0.16%
	SMCI	F	0.02%	0.01%	0.01%
	SNOW	C	0.07%	0.02%	0.02%
	SNPS	C	0.15%	0.23%	0.15%
	SPG	A	0.1%	0.15%	0.1%
	SPGI	C	0.28%	0.75%	0.28%
	SQ	B	0.08%	0.03%	0.03%
	STZ	D	0.07%	0.03%	0.03%
	SYK	A	0.25%	0.35%	0.25%
	TECH	D	0.02%	0.03%	0.02%
	TFX	F	0.02%	0.04%	0.02%
	TJX	A	0.24%	0.39%	0.24%
	TMO	F	0.38%	0.52%	0.38%
	TMUS	A	0.21%	0.05%	0.05%
	TRMB	B	0.03%	0.14%	0.03%
	TROW	A	0.05%	0.11%	0.05%
	TRU	D	0.04%	0.01%	0.01%
	TRV	B	0.11%	0.07%	0.07%
	TSLA	B	1.62%	2.89%	1.62%
	TTD	B	0.1%	0.05%	0.05%
	TTWO	A	0.06%	0.03%	0.03%
	TW	B	0.03%	0.02%	0.02%
	TXN	B	0.36%	0.67%	0.36%
	TYL	B	0.05%	0.05%	0.05%
	UBER	F	0.26%	0.2%	0.2%
	ULTA	C	0.03%	0.07%	0.03%
	UNH	B	1.02%	1.21%	1.02%
	UNP	D	0.27%	0.2%	0.2%
	USB	B	0.14%	0.13%	0.13%
	V	A	0.88%	1.75%	0.88%
	VEEV	B	0.06%	0.08%	0.06%
	VICI	D	0.06%	0.24%	0.06%
	VLTO	D	0.05%	0.15%	0.05%
	VMC	B	0.07%	0.05%	0.05%
	VRSK	A	0.07%	0.16%	0.07%
	VRSN	C	0.03%	0.15%	0.03%
	VRTX	B	0.24%	0.27%	0.24%
	VTR	C	0.05%	0.07%	0.05%
	VZ	D	0.31%	0.11%	0.11%
	WAT	B	0.04%	0.2%	0.04%
	WDAY	B	0.1%	0.08%	0.08%
	WELL	B	0.15%	0.2%	0.15%
	WFC	A	0.44%	0.28%	0.28%
	WM	A	0.16%	0.04%	0.04%
	WPC	F	0.02%	0.01%	0.01%
	WRB	B	0.03%	0.09%	0.03%
	WST	B	0.04%	0.24%	0.04%
	WTW	A	0.06%	0.14%	0.06%
	XYL	F	0.05%	1.14%	0.05%
	YUM	B	0.07%	0.15%	0.07%
	ZBH	C	0.04%	0.07%	0.04%
	ZM	B	0.04%	0.02%	0.02%
	ZTS	D	0.15%	0.52%	0.15%

IWB Overweight 754 Positions Relative to NZUS

	Symbol	Grade	Weight
	BRK.A	B	1.54%
	XOM	B	0.98%
	COST	B	0.76%
	PG	C	0.72%
	WMT	A	0.67%
	CVX	A	0.49%
	KO	F	0.45%
	PEP	D	0.41%
	LIN	D	0.4%
	ABT	C	0.37%
	PM	B	0.36%
	GE	D	0.36%
	CAT	B	0.35%
	GS	B	0.34%
	BKNG	A	0.31%
	RTX	D	0.3%
	NEE	D	0.29%
	AMAT	F	0.29%
	T	A	0.29%
	BLK	A	0.28%
	MS	A	0.27%
	HON	B	0.26%
	COP	C	0.24%
	C	B	0.24%
	LMT	D	0.22%
	MU	D	0.22%
	PLTR	B	0.21%
	LRCX	F	0.19%
	BA	F	0.19%
	SO	D	0.18%
	DE	D	0.18%
	MO	A	0.17%
	TT	B	0.17%
	GEV	B	0.17%
	UPS	C	0.17%
	DUK	D	0.16%
	MDLZ	F	0.16%
	PH	A	0.16%
	CI	D	0.16%
	PNC	B	0.15%
	CDNS	B	0.15%
	GD	C	0.15%
	CRWD	B	0.14%
	CEG	D	0.14%
	CL	F	0.14%
	APP	B	0.14%
	EOG	A	0.14%
	MCK	B	0.14%
	APD	B	0.13%
	TGT	C	0.13%
	COF	B	0.13%
	CVS	F	0.13%
	ORLY	A	0.13%
	EMR	A	0.13%
	NOC	D	0.13%
	TDG	D	0.13%
	MMM	C	0.13%
	CARR	C	0.12%
	MAR	A	0.12%
	FDX	B	0.12%
	FCX	F	0.12%
	HCA	D	0.12%
	WMB	B	0.12%
	CRH	B	0.12%
	PCAR	B	0.11%
	DASH	A	0.11%
	TFC	B	0.11%
	NSC	B	0.11%
	SLB	C	0.11%
	GM	B	0.11%
	OKE	A	0.11%
	AZO	B	0.1%
	PSX	C	0.1%
	RCL	A	0.1%
	MPC	D	0.1%
	FICO	B	0.1%
	JCI	A	0.1%
	SRE	B	0.1%
	URI	B	0.1%
	LNG	B	0.09%
	PWR	B	0.09%
	D	D	0.09%
	VST	B	0.09%
	CMI	A	0.09%
	AIG	B	0.09%
	LHX	B	0.09%
	FIS	B	0.09%
	DHI	D	0.09%
	AEP	D	0.09%
	KMI	B	0.09%
	CBRE	B	0.08%
	FERG	B	0.08%
	MSTR	B	0.08%
	EA	A	0.08%
	TRGP	B	0.08%
	PEG	C	0.08%
	F	C	0.08%
	BKR	B	0.08%
	RSG	B	0.08%
	PRU	B	0.08%
	VLO	C	0.08%
	PCG	A	0.08%
	KMB	D	0.08%
	VRT	B	0.08%
	KVUE	A	0.08%
	MSCI	B	0.08%
	HWM	B	0.08%
	CCI	F	0.08%
	HPQ	B	0.07%
	GIS	F	0.07%
	DELL	C	0.07%
	DDOG	B	0.07%
	GLW	B	0.07%
	XEL	A	0.07%
	TEAM	B	0.07%
	MLM	B	0.07%
	NUE	D	0.07%
	GEHC	D	0.07%
	EXC	C	0.07%
	SYY	D	0.07%
	MCHP	F	0.07%
	DAL	A	0.07%
	KR	A	0.07%
	HES	B	0.07%
	CTSH	A	0.07%
	OTIS	D	0.07%
	CTVA	C	0.07%
	LEN	D	0.07%
	COR	B	0.07%
	IT	B	0.07%
	WEC	B	0.06%
	TSCO	D	0.06%
	ARES	B	0.06%
	FITB	A	0.06%
	CNC	F	0.06%
	ETR	B	0.06%
	DOW	F	0.06%
	OXY	F	0.06%
	ED	D	0.06%
	FANG	C	0.06%
	IRM	D	0.06%
	WAB	B	0.06%
	DD	D	0.06%
	ADM	F	0.05%
	CPAY	A	0.05%
	SYF	B	0.05%
	HBAN	A	0.05%
	GDDY	B	0.05%
	HUBB	C	0.05%
	NTAP	D	0.05%
	HAL	C	0.05%
	TPL	B	0.05%
	FCNCA	B	0.05%
	BR	A	0.05%
	CVNA	B	0.05%
	LDOS	C	0.05%
	RBLX	B	0.05%
	DECK	B	0.05%
	NVR	D	0.05%
	CDW	F	0.05%
	SW	B	0.05%
	NET	B	0.05%
	PHM	D	0.05%
	DOV	A	0.05%
	CPNG	B	0.05%
	GPN	B	0.05%
	UAL	A	0.05%
	STT	B	0.05%
	HPE	B	0.05%
	KHC	F	0.05%
	PPG	F	0.05%
	CAH	B	0.05%
	RJF	A	0.05%
	ON	F	0.05%
	LYV	A	0.04%
	PFG	C	0.04%
	NRG	C	0.04%
	COO	D	0.04%
	IP	B	0.04%
	CMS	D	0.04%
	DRI	B	0.04%
	OMC	A	0.04%
	HOOD	B	0.04%
	ZBRA	B	0.04%
	LII	B	0.04%
	CLX	A	0.04%
	INVH	D	0.04%
	CSL	B	0.04%
	CFG	B	0.04%
	EXE	A	0.04%
	K	A	0.04%
	BLDR	C	0.04%
	ES	D	0.04%
	PKG	B	0.04%
	STE	D	0.04%
	ATO	B	0.04%
	STLD	C	0.04%
	LYB	F	0.04%
	WBD	B	0.04%
	TDY	B	0.04%
	WDC	D	0.04%
	EXPE	B	0.04%
	PTC	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%
	SBAC	D	0.04%
	CCL	B	0.04%
	EQT	B	0.04%
	PPL	A	0.04%
	DTE	D	0.04%
	DVN	F	0.04%
	POOL	D	0.03%
	EVRG	A	0.03%
	RNR	D	0.03%
	SWK	F	0.03%
	EWBC	B	0.03%
	COHR	C	0.03%
	SWKS	F	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%
	L	A	0.03%
	NDSN	B	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%
	VTRS	B	0.03%
	DT	C	0.03%
	THC	B	0.03%
	EQH	B	0.03%
	ENTG	F	0.03%
	JBHT	C	0.03%
	FNF	C	0.03%
	EG	D	0.03%
	MRO	B	0.03%
	TWLO	B	0.03%
	DPZ	C	0.03%
	GEN	B	0.03%
	SSNC	C	0.03%
	TOL	B	0.03%
	GWRE	A	0.03%
	NI	A	0.03%
	FIX	B	0.03%
	PSTG	D	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%
	FWONK	A	0.03%
	EXPD	C	0.03%
	DG	F	0.03%
	TOST	A	0.03%
	NTNX	B	0.03%
	GPC	D	0.03%
	MANH	C	0.03%
	TER	F	0.03%
	RPM	A	0.03%
	KEY	B	0.03%
	XPO	B	0.03%
	MAS	D	0.03%
	IBKR	A	0.03%
	UTHR	B	0.03%
	ZS	B	0.03%
	LVS	C	0.03%
	CTRA	B	0.03%
	DKNG	B	0.03%
	WSO	B	0.03%
	J	D	0.03%
	BALL	D	0.03%
	RS	C	0.03%
	SNA	A	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%
	MGM	D	0.02%
	ONTO	F	0.02%
	WYNN	C	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%
	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%
	ROKU	C	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%
	NLY	C	0.02%
	SOLV	C	0.02%
	WTRG	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%
	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%
	AIZ	A	0.02%
	CUBE	D	0.02%
	CCK	D	0.02%
	AFRM	B	0.02%
	FHN	A	0.02%
	CRL	C	0.02%
	SRPT	F	0.02%
	CAVA	C	0.02%
	EVR	B	0.02%
	AA	C	0.02%
	GNRC	B	0.02%
	IPG	F	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%
	Z	B	0.02%
	ALB	C	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%
	BJ	B	0.02%
	UHS	D	0.02%
	EMN	D	0.02%
	UNM	A	0.02%
	DAY	B	0.02%
	BG	D	0.02%
	TTEK	F	0.02%
	DLTR	F	0.02%
	CACI	C	0.02%
	JEF	B	0.02%
	AMH	C	0.02%
	SCI	B	0.02%
	CHRW	A	0.02%
	FTI	B	0.02%
	ITT	A	0.02%
	NVT	C	0.02%
	HST	D	0.02%
	CPT	C	0.02%
	GLPI	D	0.02%
	JLL	C	0.02%
	TXRH	A	0.02%
	ELS	B	0.02%
	JKHY	C	0.02%
	PFGC	B	0.02%
	SOFI	B	0.02%
	AKAM	F	0.02%
	CLH	B	0.02%
	CAG	F	0.02%
	REG	A	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%
	CELH	F	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%
	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%
	BEN	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%
	AZPN	A	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%
	BBWI	C	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%
	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%
	DVA	C	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%
	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 3 Positions Relative to NZUS

	Symbol	Grade	Weight
	MELI	D	-0.22%
	ERIE	F	-0.09%
	SNAP	C	-0.02%

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

NZUS: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Diversified Industrials Biotechnology Business Services Drug Manufacturers - Major Semiconductors Asset Management Insurance - Property & Casualty Internet Content & Information Medical Devices Medical Instruments & Supplies Capital Markets Insurance Brokers Credit Services Financial Data & Stock Exchanges Restaurants Scientific & Technical Instruments Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Insurance Medicine Dow Jones Component Real Estate Investment Trust Mobile Devices Telecommunications Biotechnology Work From Home Insurance Products Software Software As A Service Bank Banking Cloud Computing Disability Casualty Insurance Chemical