IWB vs. PBUS ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Invesco PureBeta MSCI USA ETF (PBUS)

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

$325.03

Average Daily Volume

814,960

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description

The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$59.32

Average Daily Volume

175,475

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

Performance

Period	IWB	PBUS
30 Days	1.32%	1.32%
60 Days	4.39%	4.39%
90 Days	6.21%	6.05%
12 Months	32.06%	32.48%

579 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in PBUS	Overlap
	A	F	0.07%	0.07%	0.07%
	AAPL	C	5.97%	6.38%	5.97%
	ABBV	F	0.64%	0.57%	0.57%
	ABNB	D	0.11%	0.11%	0.11%
	ABT	A	0.37%	0.38%	0.37%
	ACGL	D	0.07%	0.07%	0.07%
	ACI	C	0.01%	0.01%	0.01%
	ACM	B	0.03%	0.03%	0.03%
	ACN	C	0.4%	0.44%	0.4%
	ADBE	D	0.4%	0.45%	0.4%
	ADI	D	0.2%	0.2%	0.2%
	ADM	D	0.05%	0.05%	0.05%
	ADP	B	0.23%	0.24%	0.23%
	ADSK	B	0.12%	0.13%	0.12%
	AEE	A	0.04%	0.05%	0.04%
	AEP	C	0.09%	0.1%	0.09%
	AES	F	0.02%	0.02%	0.02%
	AFG	A	0.02%	0.02%	0.02%
	AFL	C	0.11%	0.11%	0.11%
	AIG	C	0.09%	0.1%	0.09%
	AIZ	A	0.02%	0.02%	0.02%
	AJG	B	0.11%	0.12%	0.11%
	AKAM	F	0.02%	0.03%	0.02%
	ALB	B	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.09%	0.1%	0.09%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	ALNY	D	0.06%	0.06%	0.06%
	AMAT	F	0.29%	0.3%	0.29%
	AMCR	D	0.03%	0.03%	0.03%
	AMD	F	0.43%	0.43%	0.43%
	AME	A	0.08%	0.09%	0.08%
	AMGN	D	0.32%	0.3%	0.3%
	AMH	C	0.02%	0.02%	0.02%
	AMP	A	0.1%	0.11%	0.1%
	AMT	D	0.17%	0.17%	0.17%
	AMZN	B	3.5%	3.8%	3.5%
	ANET	C	0.19%	0.2%	0.19%
	ANSS	B	0.05%	0.06%	0.05%
	AON	B	0.14%	0.14%	0.14%
	AOS	F	0.02%	0.02%	0.02%
	APA	F	0.01%	0.02%	0.01%
	APD	A	0.13%	0.13%	0.13%
	APH	B	0.16%	0.17%	0.16%
	APO	A	0.15%	0.13%	0.13%
	APP	A	0.14%	0.11%	0.11%
	APTV	F	0.03%	0.03%	0.03%
	ARE	F	0.04%	0.03%	0.03%
	ARES	A	0.06%	0.06%	0.06%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.06%	0.06%
	AVGO	C	1.51%	1.45%	1.45%
	AVTR	F	0.03%	0.03%	0.03%
	AVY	D	0.03%	0.03%	0.03%
	AWK	C	0.05%	0.05%	0.05%
	AXON	A	0.08%	0.08%	0.08%
	AXP	B	0.29%	0.32%	0.29%
	AZO	C	0.1%	0.1%	0.1%
	BA	D	0.19%	0.19%	0.19%
	BAC	A	0.55%	0.62%	0.55%
	BAH	D	0.04%	0.04%	0.04%
	BALL	D	0.03%	0.04%	0.03%
	BAX	F	0.03%	0.03%	0.03%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	D	0.03%	0.04%	0.03%
	BDX	F	0.12%	0.13%	0.12%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.05%	0.05%
	BIO	C	0.01%	0.01%	0.01%
	BK	B	0.1%	0.11%	0.1%
	BKNG	A	0.31%	0.32%	0.31%
	BKR	B	0.08%	0.08%	0.08%
	BLDR	D	0.04%	0.04%	0.04%
	BLK	B	0.28%	0.3%	0.28%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	A	0.2%	0.23%	0.2%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	B	1.54%	1.19%	1.19%
	BRO	B	0.05%	0.05%	0.05%
	BSX	A	0.23%	0.25%	0.23%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.03%	0.03%	0.03%
	BX	A	0.23%	0.25%	0.23%
	BXP	D	0.02%	0.02%	0.02%
	C	B	0.24%	0.25%	0.24%
	CAG	F	0.02%	0.03%	0.02%
	CAH	B	0.05%	0.06%	0.05%
	CARR	D	0.12%	0.12%	0.12%
	CAT	C	0.35%	0.36%	0.35%
	CB	C	0.21%	0.21%	0.21%
	CBOE	C	0.04%	0.04%	0.04%
	CBRE	B	0.08%	0.08%	0.08%
	CCI	C	0.08%	0.09%	0.08%
	CCK	D	0.02%	0.02%	0.02%
	CCL	A	0.04%	0.05%	0.04%
	CDNS	B	0.15%	0.16%	0.15%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	C	0.14%	0.14%	0.14%
	CELH	F	0.01%	0.01%	0.01%
	CF	A	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CG	B	0.02%	0.02%	0.02%
	CHD	A	0.05%	0.05%	0.05%
	CHRD	F	0.01%	0.02%	0.01%
	CHRW	B	0.02%	0.02%	0.02%
	CHTR	B	0.07%	0.07%	0.07%
	CI	D	0.16%	0.18%	0.16%
	CINF	A	0.04%	0.04%	0.04%
	CL	D	0.14%	0.14%	0.14%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	B	0.3%	0.33%	0.3%
	CME	A	0.15%	0.15%	0.15%
	CMG	C	0.15%	0.16%	0.15%
	CMI	A	0.09%	0.1%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNC	F	0.06%	0.06%	0.06%
	CNH	C	0.02%	0.02%	0.02%
	CNP	A	0.03%	0.04%	0.03%
	COF	B	0.13%	0.13%	0.13%
	COIN	A	0.1%	0.1%	0.1%
	COP	B	0.24%	0.25%	0.24%
	COR	B	0.07%	0.08%	0.07%
	COST	A	0.76%	0.79%	0.76%
	CPAY	A	0.05%	0.05%	0.05%
	CPB	D	0.02%	0.02%	0.02%
	CPRT	B	0.09%	0.1%	0.09%
	CPT	C	0.02%	0.02%	0.02%
	CRL	D	0.02%	0.02%	0.02%
	CRM	B	0.55%	0.62%	0.55%
	CRWD	B	0.14%	0.15%	0.14%
	CSCO	B	0.43%	0.45%	0.43%
	CSGP	F	0.06%	0.06%	0.06%
	CSL	C	0.04%	0.04%	0.04%
	CSX	C	0.13%	0.13%	0.13%
	CTAS	B	0.14%	0.15%	0.14%
	CTLT	D	0.02%	0.02%	0.02%
	CTRA	B	0.03%	0.04%	0.03%
	CTSH	C	0.07%	0.08%	0.07%
	CTVA	C	0.07%	0.08%	0.07%
	CVS	F	0.13%	0.13%	0.13%
	CVX	A	0.49%	0.54%	0.49%
	D	C	0.09%	0.09%	0.09%
	DAL	A	0.07%	0.02%	0.02%
	DASH	A	0.11%	0.1%	0.1%
	DAY	B	0.02%	0.02%	0.02%
	DD	D	0.06%	0.07%	0.06%
	DDOG	A	0.07%	0.07%	0.07%
	DE	C	0.18%	0.2%	0.18%
	DECK	A	0.05%	0.05%	0.05%
	DELL	B	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	D	0.29%	0.31%	0.29%
	DINO	D	0.01%	0.01%	0.01%
	DIS	B	0.33%	0.38%	0.33%
	DKNG	B	0.03%	0.03%	0.03%
	DKS	D	0.02%	0.02%	0.02%
	DLR	A	0.11%	0.11%	0.11%
	DLTR	F	0.02%	0.03%	0.02%
	DOC	D	0.03%	0.03%	0.03%
	DOCU	B	0.03%	0.03%	0.03%
	DOV	B	0.05%	0.05%	0.05%
	DOW	F	0.06%	0.06%	0.06%
	DPZ	C	0.03%	0.03%	0.03%
	DRI	C	0.04%	0.04%	0.04%
	DT	C	0.03%	0.03%	0.03%
	DTE	C	0.04%	0.05%	0.04%
	DUK	C	0.16%	0.16%	0.16%
	DVA	C	0.01%	0.02%	0.01%
	DVN	F	0.04%	0.05%	0.04%
	DXCM	C	0.05%	0.06%	0.05%
	EA	A	0.08%	0.08%	0.08%
	EBAY	D	0.06%	0.06%	0.06%
	ECL	D	0.11%	0.12%	0.11%
	ED	C	0.06%	0.06%	0.06%
	EFX	F	0.06%	0.06%	0.06%
	EG	D	0.03%	0.03%	0.03%
	EIX	C	0.06%	0.06%	0.06%
	EL	F	0.03%	0.03%	0.03%
	ELS	B	0.02%	0.02%	0.02%
	ELV	F	0.18%	0.18%	0.18%
	EME	A	0.04%	0.04%	0.04%
	EMN	D	0.02%	0.02%	0.02%
	EMR	A	0.13%	0.14%	0.13%
	ENPH	F	0.02%	0.02%	0.02%
	ENTG	F	0.03%	0.03%	0.03%
	EOG	A	0.14%	0.15%	0.14%
	EPAM	C	0.02%	0.03%	0.02%
	EQH	B	0.03%	0.03%	0.03%
	EQIX	A	0.16%	0.17%	0.16%
	EQR	C	0.05%	0.05%	0.05%
	EQT	A	0.04%	0.05%	0.04%
	ES	C	0.04%	0.04%	0.04%
	ESS	A	0.04%	0.04%	0.04%
	ETN	B	0.26%	0.28%	0.26%
	ETR	A	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.07%	0.08%	0.07%
	EXAS	D	0.02%	0.02%	0.02%
	EXC	C	0.07%	0.07%	0.07%
	EXPD	D	0.03%	0.03%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	C	0.06%	0.07%	0.06%
	F	C	0.08%	0.08%	0.08%
	FANG	D	0.06%	0.07%	0.06%
	FAST	B	0.09%	0.09%	0.09%
	FBIN	F	0.02%	0.02%	0.02%
	FCNCA	A	0.05%	0.04%	0.04%
	FCX	F	0.12%	0.12%	0.12%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.12%	0.13%	0.12%
	FE	C	0.04%	0.04%	0.04%
	FFIV	B	0.03%	0.03%	0.03%
	FI	A	0.22%	0.24%	0.22%
	FICO	B	0.1%	0.11%	0.1%
	FIS	C	0.09%	0.09%	0.09%
	FITB	B	0.06%	0.06%	0.06%
	FNF	A	0.03%	0.03%	0.03%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	B	0.1%	0.12%	0.1%
	FTV	D	0.05%	0.05%	0.05%
	GD	D	0.15%	0.13%	0.13%
	GDDY	A	0.05%	0.05%	0.05%
	GE	D	0.36%	0.37%	0.36%
	GEHC	D	0.07%	0.07%	0.07%
	GEN	B	0.03%	0.03%	0.03%
	GEV	A	0.17%	0.17%	0.17%
	GGG	B	0.03%	0.03%	0.03%
	GILD	C	0.22%	0.22%	0.22%
	GIS	F	0.07%	0.07%	0.07%
	GLPI	C	0.02%	0.03%	0.02%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.11%	0.13%	0.11%
	GOOG	B	1.6%	1.72%	1.6%
	GOOGL	B	1.9%	1.98%	1.9%
	GPC	F	0.03%	0.03%	0.03%
	GPN	C	0.05%	0.06%	0.05%
	GRMN	B	0.06%	0.06%	0.06%
	GS	B	0.34%	0.36%	0.34%
	GWW	B	0.09%	0.1%	0.09%
	H	B	0.01%	0.01%	0.01%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	B	0.05%	0.05%	0.05%
	HCA	F	0.12%	0.13%	0.12%
	HD	A	0.73%	0.77%	0.73%
	HEI	A	0.02%	0.03%	0.02%
	HEI	A	0.03%	0.02%	0.02%
	HEI	A	0.03%	0.03%	0.03%
	HEI	A	0.02%	0.02%	0.02%
	HES	B	0.07%	0.08%	0.07%
	HIG	B	0.06%	0.07%	0.06%
	HII	F	0.01%	0.01%	0.01%
	HLT	A	0.11%	0.12%	0.11%
	HOLX	D	0.03%	0.04%	0.03%
	HON	B	0.26%	0.29%	0.26%
	HOOD	A	0.04%	0.03%	0.03%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	D	0.02%	0.02%	0.02%
	HSIC	C	0.02%	0.02%	0.02%
	HST	D	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.05%	0.05%	0.05%
	HUBS	B	0.06%	0.06%	0.06%
	HUM	D	0.06%	0.07%	0.06%
	HWM	A	0.08%	0.08%	0.08%
	IBM	C	0.36%	0.37%	0.36%
	ICE	C	0.16%	0.17%	0.16%
	IDXX	F	0.06%	0.07%	0.06%
	IEX	B	0.03%	0.03%	0.03%
	IFF	D	0.04%	0.04%	0.04%
	ILMN	C	0.04%	0.04%	0.04%
	INCY	C	0.02%	0.02%	0.02%
	INTC	C	0.2%	0.2%	0.2%
	INTU	B	0.34%	0.38%	0.34%
	INVH	D	0.04%	0.04%	0.04%
	IP	A	0.04%	0.04%	0.04%
	IPG	F	0.02%	0.02%	0.02%
	IQV	F	0.07%	0.07%	0.07%
	IR	B	0.07%	0.08%	0.07%
	IRM	C	0.06%	0.06%	0.06%
	ISRG	A	0.34%	0.37%	0.34%
	IT	C	0.07%	0.08%	0.07%
	ITW	B	0.15%	0.16%	0.15%
	J	D	0.03%	0.03%	0.03%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	B	0.1%	0.11%	0.1%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	D	0.68%	0.7%	0.68%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	A	1.23%	1.33%	1.23%
	K	B	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.07%	0.07%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.05%	0.05%
	KHC	F	0.05%	0.06%	0.05%
	KIM	A	0.03%	0.03%	0.03%
	KKR	A	0.19%	0.18%	0.18%
	KLAC	F	0.17%	0.17%	0.17%
	KMB	C	0.08%	0.09%	0.08%
	KMI	A	0.09%	0.1%	0.09%
	KMX	C	0.02%	0.02%	0.02%
	KNX	B	0.02%	0.02%	0.02%
	KO	D	0.45%	0.49%	0.45%
	KR	B	0.07%	0.08%	0.07%
	KVUE	A	0.08%	0.09%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.05%	0.04%	0.04%
	LEN	D	0.0%	0.08%	0.0%
	LEN	D	0.07%	0.08%	0.07%
	LH	B	0.04%	0.04%	0.04%
	LHX	B	0.09%	0.09%	0.09%
	LII	A	0.04%	0.04%	0.04%
	LIN	D	0.4%	0.42%	0.4%
	LKQ	F	0.02%	0.02%	0.02%
	LLY	F	1.2%	1.22%	1.2%
	LMT	D	0.22%	0.22%	0.22%
	LNG	A	0.09%	0.09%	0.09%
	LNT	A	0.03%	0.03%	0.03%
	LOW	C	0.28%	0.3%	0.28%
	LPLA	A	0.04%	0.04%	0.04%
	LRCX	F	0.19%	0.19%	0.19%
	LULU	C	0.07%	0.07%	0.07%
	LUV	B	0.03%	0.01%	0.01%
	LVS	B	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.04%	0.04%
	LYV	A	0.04%	0.04%	0.04%
	MA	B	0.78%	0.83%	0.78%
	MAA	A	0.03%	0.03%	0.03%
	MANH	D	0.03%	0.03%	0.03%
	MAR	B	0.12%	0.13%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.39%	0.41%	0.39%
	MCHP	F	0.07%	0.07%	0.07%
	MCK	A	0.14%	0.15%	0.14%
	MCO	D	0.14%	0.15%	0.14%
	MDB	C	0.04%	0.04%	0.04%
	MDLZ	F	0.16%	0.17%	0.16%
	MDT	D	0.2%	0.21%	0.2%
	MET	A	0.09%	0.1%	0.09%
	META	C	2.34%	2.43%	2.34%
	MGM	D	0.02%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MKL	A	0.04%	0.04%	0.04%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	B	0.07%	0.07%	0.07%
	MMC	D	0.2%	0.21%	0.2%
	MMM	D	0.13%	0.14%	0.13%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.17%	0.18%	0.17%
	MOH	F	0.03%	0.03%	0.03%
	MOS	D	0.02%	0.02%	0.02%
	MPC	D	0.1%	0.11%	0.1%
	MPWR	F	0.06%	0.05%	0.05%
	MRK	F	0.47%	0.48%	0.47%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	A	0.03%	0.03%	0.03%
	MRVL	B	0.15%	0.15%	0.15%
	MS	A	0.27%	0.31%	0.27%
	MSCI	B	0.08%	0.09%	0.08%
	MSFT	D	5.69%	5.79%	5.69%
	MSI	B	0.15%	0.16%	0.15%
	MSTR	A	0.08%	0.1%	0.08%
	MTB	A	0.06%	0.07%	0.06%
	MTCH	F	0.01%	0.02%	0.01%
	MTD	F	0.05%	0.05%	0.05%
	MU	D	0.22%	0.21%	0.21%
	NBIX	C	0.02%	0.02%	0.02%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	D	0.03%	0.03%	0.03%
	NEE	C	0.29%	0.3%	0.29%
	NEM	D	0.09%	0.09%	0.09%
	NET	B	0.05%	0.05%	0.05%
	NFLX	A	0.62%	0.69%	0.62%
	NI	A	0.03%	0.03%	0.03%
	NKE	F	0.16%	0.18%	0.16%
	NOC	D	0.13%	0.13%	0.13%
	NOW	B	0.37%	0.41%	0.37%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.11%	0.11%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	A	6.25%	6.93%	6.25%
	NVR	D	0.05%	0.05%	0.05%
	NWSA	B	0.02%	0.02%	0.02%
	O	C	0.09%	0.09%	0.09%
	OC	A	0.03%	0.03%	0.03%
	ODFL	B	0.08%	0.08%	0.08%
	OKE	A	0.11%	0.12%	0.11%
	OKTA	D	0.02%	0.02%	0.02%
	OMC	C	0.04%	0.04%	0.04%
	ON	F	0.05%	0.06%	0.05%
	ORCL	A	0.54%	0.59%	0.54%
	ORLY	B	0.13%	0.14%	0.13%
	OTIS	C	0.07%	0.08%	0.07%
	OVV	C	0.02%	0.02%	0.02%
	OXY	F	0.06%	0.06%	0.06%
	PANW	B	0.22%	0.24%	0.22%
	PARA	D	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	C	0.11%	0.12%	0.11%
	PCG	A	0.08%	0.08%	0.08%
	PEG	C	0.08%	0.08%	0.08%
	PEP	F	0.41%	0.44%	0.41%
	PFE	F	0.27%	0.28%	0.27%
	PFG	C	0.04%	0.04%	0.04%
	PG	C	0.72%	0.76%	0.72%
	PGR	B	0.28%	0.29%	0.28%
	PH	B	0.16%	0.17%	0.16%
	PHM	D	0.05%	0.05%	0.05%
	PINS	F	0.03%	0.03%	0.03%
	PKG	B	0.04%	0.04%	0.04%
	PLD	D	0.19%	0.2%	0.19%
	PLTR	A	0.21%	0.23%	0.21%
	PM	A	0.36%	0.38%	0.36%
	PNC	B	0.15%	0.16%	0.15%
	PNR	B	0.03%	0.03%	0.03%
	PODD	B	0.03%	0.03%	0.03%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.05%	0.06%	0.05%
	PPL	A	0.04%	0.05%	0.04%
	PRU	B	0.08%	0.09%	0.08%
	PSA	C	0.1%	0.1%	0.1%
	PSTG	F	0.03%	0.03%	0.03%
	PSX	C	0.1%	0.11%	0.1%
	PTC	B	0.04%	0.04%	0.04%
	PWR	A	0.09%	0.09%	0.09%
	PYPL	B	0.15%	0.16%	0.15%
	QCOM	F	0.35%	0.35%	0.35%
	QRVO	F	0.01%	0.01%	0.01%
	RBLX	B	0.05%	0.05%	0.05%
	RCL	A	0.1%	0.11%	0.1%
	REG	A	0.02%	0.02%	0.02%
	REGN	F	0.16%	0.16%	0.16%
	RF	A	0.04%	0.05%	0.04%
	RIVN	F	0.02%	0.01%	0.01%
	RJF	A	0.05%	0.06%	0.05%
	RMD	C	0.07%	0.06%	0.06%
	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	C	0.11%	0.12%	0.11%
	ROST	D	0.09%	0.09%	0.09%
	RPM	B	0.03%	0.03%	0.03%
	RPRX	F	0.02%	0.02%	0.02%
	RS	B	0.03%	0.03%	0.03%
	RSG	A	0.08%	0.09%	0.08%
	RTX	D	0.3%	0.3%	0.3%
	RVTY	D	0.03%	0.03%	0.03%
	SBAC	D	0.04%	0.04%	0.04%
	SBUX	A	0.2%	0.22%	0.2%
	SCHW	A	0.2%	0.23%	0.2%
	SEIC	B	0.01%	0.02%	0.01%
	SHW	C	0.16%	0.18%	0.16%
	SJM	D	0.02%	0.02%	0.02%
	SLB	C	0.11%	0.12%	0.11%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	B	0.03%	0.04%	0.03%
	SNOW	C	0.07%	0.07%	0.07%
	SNPS	C	0.15%	0.16%	0.15%
	SO	C	0.18%	0.18%	0.18%
	SOLV	F	0.02%	0.02%	0.02%
	SPG	A	0.1%	0.11%	0.1%
	SPGI	D	0.28%	0.31%	0.28%
	SQ	A	0.08%	0.09%	0.08%
	SRE	A	0.1%	0.11%	0.1%
	SSNC	C	0.03%	0.03%	0.03%
	STE	D	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	B	0.05%	0.05%	0.05%
	STZ	D	0.07%	0.08%	0.07%
	SUI	C	0.03%	0.03%	0.03%
	SW	A	0.05%	0.05%	0.05%
	SWK	F	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.05%	0.05%
	SYK	A	0.25%	0.25%	0.25%
	SYY	D	0.07%	0.07%	0.07%
	T	A	0.29%	0.31%	0.29%
	TAP	B	0.02%	0.02%	0.02%
	TDG	D	0.13%	0.14%	0.13%
	TDY	B	0.04%	0.04%	0.04%
	TEAM	A	0.07%	0.08%	0.07%
	TECH	F	0.02%	0.02%	0.02%
	TER	F	0.03%	0.03%	0.03%
	TFC	A	0.11%	0.12%	0.11%
	TFX	F	0.02%	0.02%	0.02%
	TGT	B	0.13%	0.14%	0.13%
	TJX	A	0.24%	0.26%	0.24%
	TMO	F	0.38%	0.39%	0.38%
	TMUS	B	0.21%	0.24%	0.21%
	TOST	A	0.03%	0.03%	0.03%
	TPL	A	0.05%	0.05%	0.05%
	TRGP	A	0.08%	0.08%	0.08%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.04%	0.04%
	TRV	A	0.11%	0.11%	0.11%
	TSCO	D	0.06%	0.06%	0.06%
	TSLA	A	1.62%	1.71%	1.62%
	TSN	B	0.03%	0.04%	0.03%
	TT	A	0.17%	0.18%	0.17%
	TTC	F	0.02%	0.02%	0.02%
	TTD	B	0.1%	0.11%	0.1%
	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	0.36%	0.36%	0.36%
	TXT	D	0.03%	0.03%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UBER	F	0.26%	0.26%	0.26%
	UDR	C	0.03%	0.03%	0.03%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.02%	0.02%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.02%	1.05%	1.02%
	UNP	D	0.27%	0.28%	0.27%
	UPS	C	0.17%	0.19%	0.17%
	URI	B	0.1%	0.11%	0.1%
	USB	B	0.14%	0.15%	0.14%
	UTHR	C	0.03%	0.03%	0.03%
	V	A	0.88%	0.93%	0.88%
	VEEV	C	0.06%	0.07%	0.06%
	VICI	C	0.06%	0.06%	0.06%
	VLO	C	0.08%	0.09%	0.08%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.07%	0.07%
	VRSK	B	0.07%	0.08%	0.07%
	VRSN	F	0.03%	0.03%	0.03%
	VRT	A	0.08%	0.08%	0.08%
	VRTX	D	0.24%	0.24%	0.24%
	VST	A	0.09%	0.09%	0.09%
	VTR	B	0.05%	0.05%	0.05%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.31%	0.33%	0.31%
	WAB	B	0.06%	0.07%	0.06%
	WAT	C	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	B	0.04%	0.04%	0.04%
	WDAY	C	0.1%	0.11%	0.1%
	WDC	F	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.15%	0.15%	0.15%
	WFC	A	0.44%	0.49%	0.44%
	WLK	F	0.01%	0.01%	0.01%
	WM	B	0.16%	0.17%	0.16%
	WMB	A	0.12%	0.13%	0.12%
	WMT	A	0.67%	0.72%	0.67%
	WPC	C	0.02%	0.02%	0.02%
	WRB	B	0.03%	0.04%	0.03%
	WSM	D	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.04%	0.03%
	WST	D	0.04%	0.05%	0.04%
	WTRG	B	0.02%	0.02%	0.02%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.04%	0.04%	0.04%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	A	0.07%	0.07%	0.07%
	XOM	B	0.98%	1.04%	0.98%
	XYL	D	0.05%	0.06%	0.05%
	YUM	D	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%
	ZM	B	0.04%	0.04%	0.04%
	ZS	B	0.03%	0.04%	0.03%
	ZTS	D	0.15%	0.15%	0.15%

IWB Overweight 422 Positions Relative to PBUS

	Symbol	Grade	Weight
	CRH	B	0.12%
	FERG	C	0.08%
	CVNA	A	0.05%
	CPNG	D	0.05%
	UAL	A	0.05%
	COO	D	0.04%
	EXE	A	0.04%
	RNR	C	0.03%
	EWBC	A	0.03%
	COHR	B	0.03%
	CW	B	0.03%
	SAIA	C	0.03%
	RGA	B	0.03%
	NTRA	A	0.03%
	CASY	A	0.03%
	USFD	A	0.03%
	THC	C	0.03%
	TOL	B	0.03%
	GWRE	A	0.03%
	FIX	A	0.03%
	FWONK	B	0.03%
	NTNX	B	0.03%
	XPO	B	0.03%
	IBKR	A	0.03%
	VOYA	B	0.02%
	OLED	F	0.02%
	FYBR	C	0.02%
	G	B	0.02%
	CHE	F	0.02%
	CNM	C	0.02%
	EGP	D	0.02%
	AR	B	0.02%
	APG	C	0.02%
	CR	A	0.02%
	PEN	B	0.02%
	ZION	B	0.02%
	ONTO	F	0.02%
	GPK	D	0.02%
	RL	C	0.02%
	OGE	A	0.02%
	CZR	F	0.02%
	BRX	A	0.02%
	MTZ	A	0.02%
	HAS	D	0.02%
	RBC	A	0.02%
	WCC	B	0.02%
	GMED	A	0.02%
	AXTA	B	0.02%
	REXR	F	0.02%
	AAL	B	0.02%
	ORI	A	0.02%
	NYT	D	0.02%
	MEDP	D	0.02%
	X	C	0.02%
	BRBR	A	0.02%
	PCTY	B	0.02%
	LNW	F	0.02%
	TPX	B	0.02%
	GME	C	0.02%
	CMA	B	0.02%
	DCI	B	0.02%
	PNFP	B	0.02%
	FRT	B	0.02%
	ITCI	B	0.02%
	MORN	B	0.02%
	AAON	B	0.02%
	TKO	A	0.02%
	SNX	D	0.02%
	WMS	F	0.02%
	WAL	B	0.02%
	GLOB	C	0.02%
	HLI	B	0.02%
	GL	C	0.02%
	MUSA	B	0.02%
	DTM	A	0.02%
	KBR	F	0.02%
	RGLD	C	0.02%
	PR	B	0.02%
	WBS	A	0.02%
	KNSL	B	0.02%
	NLY	C	0.02%
	CHDN	C	0.02%
	EHC	B	0.02%
	WING	D	0.02%
	INGR	B	0.02%
	OHI	B	0.02%
	AYI	B	0.02%
	PRI	A	0.02%
	ARMK	C	0.02%
	EXP	B	0.02%
	LAD	B	0.02%
	PNW	B	0.02%
	EXEL	B	0.02%
	ALSN	B	0.02%
	FND	F	0.02%
	CIEN	B	0.02%
	DOX	D	0.02%
	LBRDK	C	0.02%
	WWD	B	0.02%
	CUBE	C	0.02%
	AFRM	A	0.02%
	FHN	A	0.02%
	SRPT	F	0.02%
	CAVA	C	0.02%
	EVR	B	0.02%
	AA	A	0.02%
	GNRC	B	0.02%
	LAMR	D	0.02%
	SF	B	0.02%
	OWL	A	0.02%
	RRX	B	0.02%
	BWXT	A	0.02%
	ATR	B	0.02%
	NCLH	B	0.02%
	BLD	F	0.02%
	LECO	C	0.02%
	TPR	B	0.02%
	DUOL	A	0.02%
	BJ	B	0.02%
	UNM	A	0.02%
	TTEK	F	0.02%
	CACI	C	0.02%
	JEF	A	0.02%
	SCI	A	0.02%
	FTI	A	0.02%
	ITT	A	0.02%
	NVT	C	0.02%
	JLL	D	0.02%
	TXRH	B	0.02%
	PFGC	B	0.02%
	SOFI	A	0.02%
	CLH	C	0.02%
	HHH	B	0.01%
	COTY	F	0.01%
	PAG	B	0.01%
	LLYVK	A	0.01%
	SAM	C	0.01%
	MPW	F	0.01%
	VIRT	A	0.01%
	COLM	B	0.01%
	CC	D	0.01%
	NSA	C	0.01%
	TDC	D	0.01%
	MAN	F	0.01%
	PK	D	0.01%
	AMED	F	0.01%
	WU	F	0.01%
	AMKR	F	0.01%
	APLS	F	0.01%
	SMG	C	0.01%
	PENN	C	0.01%
	ECG	C	0.01%
	RNG	C	0.01%
	BHF	C	0.01%
	YETI	D	0.01%
	EPR	D	0.01%
	LBTYA	F	0.01%
	ZG	A	0.01%
	NVST	C	0.01%
	HUN	F	0.01%
	VAC	C	0.01%
	WEN	C	0.01%
	FHB	B	0.01%
	PII	F	0.01%
	NCNO	B	0.01%
	LBTYK	A	0.01%
	XRAY	D	0.01%
	PRGO	C	0.01%
	TNL	B	0.01%
	SPR	D	0.01%
	IRDM	F	0.01%
	HIW	D	0.01%
	ACHC	F	0.01%
	MDU	D	0.01%
	ZI	D	0.01%
	W	D	0.01%
	NWS	A	0.01%
	DNB	B	0.01%
	NEU	D	0.01%
	DXC	D	0.01%
	NWL	B	0.01%
	IAC	D	0.01%
	FLO	D	0.01%
	PEGA	B	0.01%
	ASH	F	0.01%
	CHH	A	0.01%
	HOG	F	0.01%
	LINE	F	0.01%
	MSM	D	0.01%
	AMTM	F	0.01%
	AN	D	0.01%
	M	D	0.01%
	OGN	F	0.01%
	KMPR	A	0.01%
	GAP	D	0.01%
	SLGN	A	0.01%
	MSGS	B	0.01%
	DLB	F	0.01%
	GTES	A	0.01%
	RARE	F	0.01%
	GFS	C	0.01%
	AGO	A	0.01%
	EEFT	C	0.01%
	RYN	D	0.01%
	FIVE	F	0.01%
	TKR	F	0.01%
	WTM	A	0.01%
	KRC	C	0.01%
	HCP	B	0.01%
	AL	B	0.01%
	CUZ	B	0.01%
	RH	D	0.01%
	OZK	B	0.01%
	UGI	C	0.01%
	APPF	C	0.01%
	BYD	B	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	A	0.01%
	SLM	B	0.01%
	AM	A	0.01%
	SEE	D	0.01%
	AVT	C	0.01%
	NFG	A	0.01%
	CIVI	D	0.01%
	LEA	F	0.01%
	NXST	C	0.01%
	RITM	D	0.01%
	VNOM	A	0.01%
	TPG	A	0.01%
	VVV	D	0.01%
	POST	C	0.01%
	CRUS	F	0.01%
	THO	C	0.01%
	IDA	A	0.01%
	JHG	B	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	C	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	D	0.01%
	LYFT	C	0.01%
	MTG	D	0.01%
	COLB	B	0.01%
	WFRD	F	0.01%
	BRKR	F	0.01%
	KD	A	0.01%
	ELF	C	0.01%
	LAZ	B	0.01%
	OMF	A	0.01%
	CFLT	B	0.01%
	ARW	F	0.01%
	DAR	B	0.01%
	ESI	B	0.01%
	FOUR	A	0.01%
	AXS	A	0.01%
	ALK	A	0.01%
	COLD	F	0.01%
	NOV	D	0.01%
	AZPN	A	0.01%
	DBX	C	0.01%
	FAF	C	0.01%
	BPOP	C	0.01%
	MSA	D	0.01%
	SIRI	D	0.01%
	AWI	B	0.01%
	BFAM	F	0.01%
	MAT	D	0.01%
	IVZ	C	0.01%
	MTDR	C	0.01%
	VMI	B	0.01%
	HR	C	0.01%
	AZEK	B	0.01%
	MTN	C	0.01%
	LSTR	D	0.01%
	ELAN	D	0.01%
	SN	D	0.01%
	R	B	0.01%
	SITE	D	0.01%
	STAG	D	0.01%
	GXO	B	0.01%
	MASI	B	0.01%
	GNTX	F	0.01%
	ESTC	C	0.01%
	FR	C	0.01%
	LPX	B	0.01%
	AGNC	C	0.01%
	GTLB	B	0.01%
	DOCS	C	0.01%
	ATI	C	0.01%
	VKTX	F	0.01%
	FCN	F	0.01%
	OSK	C	0.01%
	RLI	A	0.01%
	WH	B	0.01%
	FRPT	A	0.01%
	PB	A	0.01%
	WSC	F	0.01%
	RYAN	B	0.01%
	CGNX	D	0.01%
	FMC	D	0.01%
	VFC	C	0.01%
	PCOR	C	0.01%
	MIDD	D	0.01%
	ESAB	C	0.01%
	LSCC	D	0.01%
	KEX	B	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	C	0.01%
	RRC	B	0.01%
	WEX	F	0.01%
	RHI	C	0.01%
	BERY	D	0.01%
	BWA	D	0.01%
	SAIC	F	0.01%
	BILL	B	0.01%
	RGEN	F	0.01%
	NNN	C	0.01%
	FLS	A	0.01%
	TREX	D	0.01%
	SSD	D	0.01%
	SKX	F	0.01%
	SNV	B	0.01%
	VNO	C	0.01%
	CFR	B	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	B	0.0%
	PARAA	C	0.0%
	GRAL	C	0.0%
	SEB	F	0.0%
	NFE	F	0.0%
	UWMC	D	0.0%
	TFSL	A	0.0%
	CWEN	C	0.0%
	LOAR	B	0.0%
	AS	A	0.0%
	LLYVA	A	0.0%
	PYCR	C	0.0%
	CNA	C	0.0%
	WOLF	F	0.0%
	DDS	B	0.0%
	CERT	F	0.0%
	UI	A	0.0%
	REYN	D	0.0%
	SNDR	B	0.0%
	INFA	D	0.0%
	LBRDA	C	0.0%
	TRIP	F	0.0%
	GO	C	0.0%
	CAR	C	0.0%
	LEG	F	0.0%
	TXG	F	0.0%
	UA	C	0.0%
	QS	D	0.0%
	BIRK	D	0.0%
	DJT	C	0.0%
	CRI	F	0.0%
	CLVT	D	0.0%
	CNXC	F	0.0%
	FWONA	B	0.0%
	UAA	C	0.0%
	KSS	F	0.0%
	VSTS	F	0.0%
	PPC	B	0.0%
	FTRE	D	0.0%
	RCM	A	0.0%
	ALAB	B	0.0%
	LCID	F	0.0%
	RKT	F	0.0%
	HAYW	B	0.0%
	AAP	D	0.0%
	CWEN	C	0.0%
	QDEL	F	0.0%
	CPRI	F	0.0%
	PINC	B	0.0%
	ADT	B	0.0%
	SHC	F	0.0%
	AZTA	F	0.0%
	SPB	C	0.0%
	JWN	C	0.0%
	IPGP	D	0.0%
	AGR	A	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	C	0.0%
	CACC	F	0.0%

IWB Underweight 9 Positions Relative to PBUS

	Symbol	Grade	Weight
	MELI	D	-0.16%
	NXPI	F	-0.11%
	WCN	A	-0.09%
	FLUT	A	-0.09%
	STX	D	-0.04%
	CRBG	B	-0.02%
	IOT	A	-0.02%
	ERIE	F	-0.02%
	SNAP	D	-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

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50