IWB vs. PRF ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Powershares FTSE RAFI US 1000 Portfolio (PRF)

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

$297.53

Average Daily Volume

849,887

Number of Holdings ^*

1003

* may have additional holdings in another (foreign) market

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$39.11

Average Daily Volume

341,884

Number of Holdings ^*

978

* may have additional holdings in another (foreign) market

Performance

Period	IWB	PRF
30 Days	-0.88%	2.79%
60 Days	3.26%	2.96%
90 Days	6.10%	5.45%
12 Months	21.63%	18.72%

785 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in PRF	Overlap
	A	B	1.0%	0.04%	0.04%
	AA	F	1.0%	0.06%	0.06%
	AAL	F	1.0%	0.01%	0.01%
	AAP	D	1.0%	0.03%	0.03%
	AAPL	C	1.0%	2.33%	1.0%
	ABBV	A	1.0%	0.66%	0.66%
	ABNB	F	1.0%	0.01%	0.01%
	ABT	B	1.0%	0.31%	0.31%
	ACGL	D	1.0%	0.07%	0.07%
	ACHC	D	1.0%	0.01%	0.01%
	ACI	F	1.0%	0.08%	0.08%
	ACM	B	1.0%	0.04%	0.04%
	ACN	C	1.0%	0.24%	0.24%
	ADBE	B	1.0%	0.12%	0.12%
	ADC	A	1.0%	0.02%	0.02%
	ADI	D	1.0%	0.19%	0.19%
	ADM	D	1.0%	0.27%	0.27%
	ADP	A	1.0%	0.12%	0.12%
	ADSK	C	1.0%	0.02%	0.02%
	AEE	A	1.0%	0.09%	0.09%
	AEP	A	1.0%	0.22%	0.22%
	AES	D	1.0%	0.07%	0.07%
	AFG	B	1.0%	0.05%	0.05%
	AFL	A	1.0%	0.19%	0.19%
	AGCO	F	1.0%	0.03%	0.03%
	AGNC	B	1.0%	0.03%	0.03%
	AGO	C	1.0%	0.02%	0.02%
	AGR	B	1.0%	0.02%	0.02%
	AIG	C	1.0%	0.33%	0.33%
	AIZ	B	1.0%	0.04%	0.04%
	AJG	A	1.0%	0.07%	0.07%
	AKAM	C	1.0%	0.03%	0.03%
	AL	C	1.0%	0.03%	0.03%
	ALB	F	1.0%	0.03%	0.03%
	ALGN	F	1.0%	0.02%	0.02%
	ALL	A	1.0%	0.18%	0.18%
	ALLE	B	1.0%	0.02%	0.02%
	ALLY	B	1.0%	0.1%	0.1%
	ALSN	A	1.0%	0.02%	0.02%
	AM	C	1.0%	0.01%	0.01%
	AMAT	D	1.0%	0.15%	0.15%
	AMD	F	1.0%	0.16%	0.16%
	AME	D	1.0%	0.04%	0.04%
	AMG	B	1.0%	0.02%	0.02%
	AMGN	B	1.0%	0.38%	0.38%
	AMH	C	1.0%	0.02%	0.02%
	AMKR	F	1.0%	0.01%	0.01%
	AMP	D	1.0%	0.08%	0.08%
	AMT	A	1.0%	0.18%	0.18%
	AMZN	D	1.0%	1.59%	1.0%
	AN	B	1.0%	0.06%	0.06%
	ANET	C	1.0%	0.03%	0.03%
	ANSS	F	1.0%	0.02%	0.02%
	AON	B	1.0%	0.06%	0.06%
	AOS	C	1.0%	0.02%	0.02%
	APA	C	1.0%	0.06%	0.06%
	APD	C	1.0%	0.14%	0.14%
	APG	D	1.0%	0.02%	0.02%
	APH	D	1.0%	0.08%	0.08%
	APO	C	1.0%	0.04%	0.04%
	APTV	D	1.0%	0.05%	0.05%
	AR	D	1.0%	0.05%	0.05%
	ARE	D	1.0%	0.07%	0.07%
	ARES	B	1.0%	0.01%	0.01%
	ARMK	B	1.0%	0.03%	0.03%
	ARW	C	1.0%	0.09%	0.09%
	ASH	D	1.0%	0.01%	0.01%
	ATI	B	1.0%	0.02%	0.02%
	ATO	A	1.0%	0.05%	0.05%
	ATR	A	1.0%	0.02%	0.02%
	AVB	A	1.0%	0.08%	0.08%
	AVGO	D	1.0%	0.47%	0.47%
	AVT	D	1.0%	0.04%	0.04%
	AVTR	B	1.0%	0.04%	0.04%
	AVY	D	1.0%	0.04%	0.04%
	AWK	A	1.0%	0.06%	0.06%
	AXP	A	1.0%	0.27%	0.27%
	AXS	B	1.0%	0.03%	0.03%
	AXTA	A	1.0%	0.02%	0.02%
	AYI	D	1.0%	0.02%	0.02%
	AZO	B	1.0%	0.07%	0.07%
	BA	D	1.0%	0.16%	0.16%
	BAC	C	1.0%	1.32%	1.0%
	BAH	D	1.0%	0.03%	0.03%
	BALL	C	1.0%	0.05%	0.05%
	BAX	C	1.0%	0.06%	0.06%
	BBWI	F	1.0%	0.03%	0.03%
	BBY	C	1.0%	0.14%	0.14%
	BC	C	1.0%	0.02%	0.02%
	BDX	C	1.0%	0.14%	0.14%
	BEN	D	1.0%	0.04%	0.04%
	BERY	B	1.0%	0.04%	0.04%
	BG	C	1.0%	0.14%	0.14%
	BHF	B	1.0%	0.03%	0.03%
	BIIB	F	1.0%	0.12%	0.12%
	BIO	B	1.0%	0.02%	0.02%
	BJ	C	1.0%	0.05%	0.05%
	BK	A	1.0%	0.24%	0.24%
	BKNG	D	1.0%	0.08%	0.08%
	BKR	B	1.0%	0.11%	0.11%
	BLD	C	1.0%	0.02%	0.02%
	BLDR	C	1.0%	0.05%	0.05%
	BLK	A	1.0%	0.29%	0.29%
	BMRN	C	1.0%	0.02%	0.02%
	BMY	B	1.0%	0.38%	0.38%
	BOKF	C	1.0%	0.01%	0.01%
	BPOP	B	1.0%	0.03%	0.03%
	BR	A	1.0%	0.03%	0.03%
	BRK.A	C	1.0%	2.33%	1.0%
	BRO	A	1.0%	0.03%	0.03%
	BRX	B	1.0%	0.03%	0.03%
	BSX	D	1.0%	0.11%	0.11%
	BURL	B	1.0%	0.03%	0.03%
	BWA	C	1.0%	0.05%	0.05%
	BWXT	C	1.0%	0.01%	0.01%
	BX	B	1.0%	0.11%	0.11%
	BXP	B	1.0%	0.06%	0.06%
	BYD	C	1.0%	0.01%	0.01%
	C	B	1.0%	1.16%	1.0%
	CACI	A	1.0%	0.03%	0.03%
	CAG	A	1.0%	0.08%	0.08%
	CAH	B	1.0%	0.25%	0.25%
	CAR	F	1.0%	0.03%	0.03%
	CARR	B	1.0%	0.11%	0.11%
	CASY	B	1.0%	0.04%	0.04%
	CAT	C	1.0%	0.32%	0.32%
	CB	A	1.0%	0.3%	0.3%
	CBOE	B	1.0%	0.02%	0.02%
	CBRE	A	1.0%	0.11%	0.11%
	CBSH	B	1.0%	0.02%	0.02%
	CC	F	1.0%	0.02%	0.02%
	CCI	A	1.0%	0.13%	0.13%
	CCK	B	1.0%	0.04%	0.04%
	CCL	D	1.0%	0.06%	0.06%
	CDNS	F	1.0%	0.02%	0.02%
	CDW	D	1.0%	0.05%	0.05%
	CE	F	1.0%	0.04%	0.04%
	CEG	D	1.0%	0.11%	0.11%
	CF	D	1.0%	0.05%	0.05%
	CFG	B	1.0%	0.16%	0.16%
	CFR	C	1.0%	0.02%	0.02%
	CG	B	1.0%	0.03%	0.03%
	CGNX	D	1.0%	0.01%	0.01%
	CHD	D	1.0%	0.04%	0.04%
	CHK	F	1.0%	0.05%	0.05%
	CHRD	D	1.0%	0.02%	0.02%
	CHRW	A	1.0%	0.06%	0.06%
	CHTR	B	1.0%	0.25%	0.25%
	CI	C	1.0%	0.42%	0.42%
	CIEN	B	1.0%	0.02%	0.02%
	CINF	A	1.0%	0.07%	0.07%
	CIVI	D	1.0%	0.02%	0.02%
	CL	A	1.0%	0.15%	0.15%
	CLF	F	1.0%	0.04%	0.04%
	CLH	A	1.0%	0.02%	0.02%
	CLVT	D	1.0%	0.01%	0.01%
	CLX	D	1.0%	0.04%	0.04%
	CMA	B	1.0%	0.05%	0.05%
	CMCSA	C	1.0%	0.76%	0.76%
	CME	F	1.0%	0.14%	0.14%
	CMG	D	1.0%	0.03%	0.03%
	CMI	B	1.0%	0.13%	0.13%
	CMS	A	1.0%	0.07%	0.07%
	CNC	B	1.0%	0.29%	0.29%
	CNH	F	1.0%	0.06%	0.06%
	CNM	C	1.0%	0.02%	0.02%
	CNP	F	1.0%	0.08%	0.08%
	CNXC	C	1.0%	0.01%	0.01%
	COF	B	1.0%	0.36%	0.36%
	COHR	C	1.0%	0.03%	0.03%
	COIN	C	1.0%	0.02%	0.02%
	COLB	C	1.0%	0.02%	0.02%
	COLD	B	1.0%	0.02%	0.02%
	COP	F	1.0%	0.44%	0.44%
	COST	D	1.0%	0.53%	0.53%
	CPAY	C	1.0%	0.03%	0.03%
	CPB	A	1.0%	0.04%	0.04%
	CPNG	D	1.0%	0.02%	0.02%
	CPRI	D	1.0%	0.02%	0.02%
	CPRT	D	1.0%	0.03%	0.03%
	CPT	A	1.0%	0.04%	0.04%
	CR	B	1.0%	0.02%	0.02%
	CRI	F	1.0%	0.01%	0.01%
	CRL	B	1.0%	0.02%	0.02%
	CRM	C	1.0%	0.21%	0.21%
	CSCO	C	1.0%	0.56%	0.56%
	CSGP	C	1.0%	0.03%	0.03%
	CSL	C	1.0%	0.03%	0.03%
	CSX	B	1.0%	0.14%	0.14%
	CTAS	A	1.0%	0.05%	0.05%
	CTLT	A	1.0%	0.03%	0.03%
	CTRA	F	1.0%	0.08%	0.08%
	CTSH	B	1.0%	0.1%	0.1%
	CTVA	C	1.0%	0.1%	0.1%
	CUBE	B	1.0%	0.02%	0.02%
	CUZ	A	1.0%	0.02%	0.02%
	CVS	C	1.0%	0.62%	0.62%
	CVX	C	1.0%	1.2%	1.0%
	CW	A	1.0%	0.02%	0.02%
	CZR	D	1.0%	0.03%	0.03%
	D	A	1.0%	0.26%	0.26%
	DAL	F	1.0%	0.03%	0.03%
	DAR	C	1.0%	0.03%	0.03%
	DASH	D	1.0%	0.02%	0.02%
	DCI	B	1.0%	0.02%	0.02%
	DD	A	1.0%	0.17%	0.17%
	DE	F	1.0%	0.23%	0.23%
	DECK	D	1.0%	0.02%	0.02%
	DFS	C	1.0%	0.17%	0.17%
	DG	D	1.0%	0.09%	0.09%
	DGX	A	1.0%	0.07%	0.07%
	DHI	B	1.0%	0.14%	0.14%
	DHR	A	1.0%	0.19%	0.19%
	DINO	D	1.0%	0.05%	0.05%
	DIS	D	1.0%	0.37%	0.37%
	DKS	D	1.0%	0.04%	0.04%
	DLR	B	1.0%	0.11%	0.11%
	DLTR	F	1.0%	0.07%	0.07%
	DOC	A	1.0%	0.07%	0.07%
	DOV	C	1.0%	0.05%	0.05%
	DOW	F	1.0%	0.23%	0.23%
	DOX	B	1.0%	0.03%	0.03%
	DPZ	D	1.0%	0.02%	0.02%
	DRI	D	1.0%	0.04%	0.04%
	DTE	A	1.0%	0.1%	0.1%
	DTM	A	1.0%	0.03%	0.03%
	DUK	A	1.0%	0.42%	0.42%
	DVA	D	1.0%	0.04%	0.04%
	DVN	F	1.0%	0.13%	0.13%
	DXC	C	1.0%	0.04%	0.04%
	DXCM	F	1.0%	0.01%	0.01%
	EA	B	1.0%	0.04%	0.04%
	EBAY	A	1.0%	0.09%	0.09%
	ECL	B	1.0%	0.08%	0.08%
	ED	A	1.0%	0.16%	0.16%
	EEFT	F	1.0%	0.01%	0.01%
	EFX	A	1.0%	0.03%	0.03%
	EG	D	1.0%	0.05%	0.05%
	EGP	A	1.0%	0.01%	0.01%
	EHC	A	1.0%	0.02%	0.02%
	EIX	A	1.0%	0.14%	0.14%
	EL	F	1.0%	0.04%	0.04%
	ELAN	D	1.0%	0.02%	0.02%
	ELS	A	1.0%	0.02%	0.02%
	ELV	C	1.0%	0.39%	0.39%
	EME	D	1.0%	0.03%	0.03%
	EMN	B	1.0%	0.07%	0.07%
	EMR	B	1.0%	0.14%	0.14%
	ENOV	C	1.0%	0.01%	0.01%
	ENTG	F	1.0%	0.02%	0.02%
	EOG	C	1.0%	0.27%	0.27%
	EPAM	C	1.0%	0.01%	0.01%
	EPR	B	1.0%	0.02%	0.02%
	EQH	B	1.0%	0.05%	0.05%
	EQIX	B	1.0%	0.09%	0.09%
	EQR	A	1.0%	0.08%	0.08%
	EQT	F	1.0%	0.06%	0.06%
	ES	A	1.0%	0.12%	0.12%
	ESAB	C	1.0%	0.01%	0.01%
	ESI	C	1.0%	0.01%	0.01%
	ESS	A	1.0%	0.05%	0.05%
	ETN	D	1.0%	0.16%	0.16%
	ETR	A	1.0%	0.12%	0.12%
	EVR	B	1.0%	0.02%	0.02%
	EVRG	A	1.0%	0.07%	0.07%
	EW	F	1.0%	0.03%	0.03%
	EWBC	C	1.0%	0.04%	0.04%
	EXC	B	1.0%	0.2%	0.2%
	EXEL	A	1.0%	0.01%	0.01%
	EXPD	A	1.0%	0.04%	0.04%
	EXPE	D	1.0%	0.03%	0.03%
	EXR	B	1.0%	0.04%	0.04%
	F	F	1.0%	0.42%	0.42%
	FAF	B	1.0%	0.04%	0.04%
	FANG	C	1.0%	0.09%	0.09%
	FAST	C	1.0%	0.05%	0.05%
	FCN	C	1.0%	0.02%	0.02%
	FCNCA	B	1.0%	0.03%	0.03%
	FCX	D	1.0%	0.15%	0.15%
	FDS	F	1.0%	0.01%	0.01%
	FDX	B	1.0%	0.34%	0.34%
	FE	A	1.0%	0.11%	0.11%
	FFIV	B	1.0%	0.02%	0.02%
	FHB	C	1.0%	0.02%	0.02%
	FHN	C	1.0%	0.05%	0.05%
	FIS	D	1.0%	0.14%	0.14%
	FITB	B	1.0%	0.14%	0.14%
	FIVE	F	1.0%	0.0%	0.0%
	FLO	C	1.0%	0.02%	0.02%
	FLS	B	1.0%	0.02%	0.02%
	FMC	B	1.0%	0.04%	0.04%
	FNB	B	1.0%	0.03%	0.03%
	FND	F	1.0%	0.01%	0.01%
	FNF	A	1.0%	0.06%	0.06%
	FOX	A	1.0%	0.02%	0.02%
	FOXA	A	1.0%	0.05%	0.05%
	FR	A	1.0%	0.01%	0.01%
	FRT	A	1.0%	0.03%	0.03%
	FSLR	D	1.0%	0.04%	0.04%
	FTI	B	1.0%	0.03%	0.03%
	FTNT	F	1.0%	0.01%	0.01%
	FTV	F	1.0%	0.03%	0.03%
	FYBR	A	1.0%	0.05%	0.05%
	G	B	1.0%	0.02%	0.02%
	GD	C	1.0%	0.19%	0.19%
	GDDY	C	1.0%	0.02%	0.02%
	GE	B	1.0%	0.23%	0.23%
	GEHC	B	1.0%	0.08%	0.08%
	GEV	C	1.0%	0.06%	0.06%
	GGG	C	1.0%	0.02%	0.02%
	GILD	B	1.0%	0.33%	0.33%
	GIS	B	1.0%	0.14%	0.14%
	GL	C	1.0%	0.02%	0.02%
	GLPI	B	1.0%	0.03%	0.03%
	GLW	C	1.0%	0.12%	0.12%
	GM	D	1.0%	0.65%	0.65%
	GME	D	1.0%	0.02%	0.02%
	GNRC	C	1.0%	0.02%	0.02%
	GNTX	F	1.0%	0.01%	0.01%
	GOOG	D	1.0%	0.89%	0.89%
	GOOGL	D	1.0%	1.04%	1.0%
	GPC	B	1.0%	0.07%	0.07%
	GPK	B	1.0%	0.03%	0.03%
	GPN	D	1.0%	0.06%	0.06%
	GPS	D	1.0%	0.03%	0.03%
	GRMN	B	1.0%	0.06%	0.06%
	GS	B	1.0%	0.7%	0.7%
	GWW	C	1.0%	0.05%	0.05%
	GXO	C	1.0%	0.03%	0.03%
	HAL	F	1.0%	0.08%	0.08%
	HAS	B	1.0%	0.04%	0.04%
	HBAN	B	1.0%	0.11%	0.11%
	HCA	A	1.0%	0.17%	0.17%
	HD	C	1.0%	0.68%	0.68%
	HEI	A	1.0%	0.01%	0.01%
	HEI	A	1.0%	0.01%	0.01%
	HEI	A	1.0%	0.01%	0.01%
	HEI	A	1.0%	0.01%	0.01%
	HES	D	1.0%	0.06%	0.06%
	HIG	A	1.0%	0.14%	0.14%
	HII	C	1.0%	0.04%	0.04%
	HIW	A	1.0%	0.02%	0.02%
	HLT	C	1.0%	0.03%	0.03%
	HOG	B	1.0%	0.02%	0.02%
	HOLX	A	1.0%	0.04%	0.04%
	HON	D	1.0%	0.27%	0.27%
	HOOD	D	1.0%	0.02%	0.02%
	HPE	D	1.0%	0.19%	0.19%
	HPQ	C	1.0%	0.2%	0.2%
	HRB	A	1.0%	0.02%	0.02%
	HRL	B	1.0%	0.04%	0.04%
	HSIC	B	1.0%	0.04%	0.04%
	HST	F	1.0%	0.04%	0.04%
	HSY	B	1.0%	0.05%	0.05%
	HUBB	C	1.0%	0.03%	0.03%
	HUM	D	1.0%	0.21%	0.21%
	HUN	D	1.0%	0.03%	0.03%
	HWM	A	1.0%	0.04%	0.04%
	IAC	B	1.0%	0.02%	0.02%
	IBM	B	1.0%	0.51%	0.51%
	ICE	A	1.0%	0.12%	0.12%
	IDA	A	1.0%	0.02%	0.02%
	IDXX	D	1.0%	0.01%	0.01%
	IEX	D	1.0%	0.02%	0.02%
	IFF	A	1.0%	0.09%	0.09%
	ILMN	B	1.0%	0.02%	0.02%
	INCY	C	1.0%	0.02%	0.02%
	INGR	A	1.0%	0.03%	0.03%
	INTC	F	1.0%	0.6%	0.6%
	INTU	B	1.0%	0.09%	0.09%
	INVH	B	1.0%	0.05%	0.05%
	IP	A	1.0%	0.14%	0.14%
	IPG	B	1.0%	0.05%	0.05%
	IQV	B	1.0%	0.07%	0.07%
	IR	C	1.0%	0.03%	0.03%
	IRM	A	1.0%	0.08%	0.08%
	ISRG	B	1.0%	0.07%	0.07%
	IT	A	1.0%	0.02%	0.02%
	ITT	B	1.0%	0.02%	0.02%
	ITW	C	1.0%	0.12%	0.12%
	IVZ	B	1.0%	0.06%	0.06%
	J	B	1.0%	0.04%	0.04%
	JAZZ	C	1.0%	0.02%	0.02%
	JBHT	C	1.0%	0.03%	0.03%
	JBL	F	1.0%	0.05%	0.05%
	JCI	C	1.0%	0.16%	0.16%
	JEF	B	1.0%	0.06%	0.06%
	JHG	B	1.0%	0.03%	0.03%
	JKHY	B	1.0%	0.02%	0.02%
	JLL	B	1.0%	0.06%	0.06%
	JNJ	B	1.0%	1.03%	1.0%
	JNPR	A	1.0%	0.03%	0.03%
	JPM	B	1.0%	2.05%	1.0%
	JWN	B	1.0%	0.03%	0.03%
	K	A	1.0%	0.06%	0.06%
	KBR	B	1.0%	0.02%	0.02%
	KD	C	1.0%	0.06%	0.06%
	KDP	A	1.0%	0.1%	0.1%
	KEX	C	1.0%	0.02%	0.02%
	KEY	C	1.0%	0.1%	0.1%
	KEYS	F	1.0%	0.03%	0.03%
	KHC	B	1.0%	0.15%	0.15%
	KIM	A	1.0%	0.05%	0.05%
	KKR	B	1.0%	0.11%	0.11%
	KLAC	D	1.0%	0.07%	0.07%
	KMB	B	1.0%	0.15%	0.15%
	KMI	B	1.0%	0.26%	0.26%
	KMPR	B	1.0%	0.02%	0.02%
	KMX	C	1.0%	0.09%	0.09%
	KNX	B	1.0%	0.03%	0.03%
	KO	A	1.0%	0.53%	0.53%
	KR	B	1.0%	0.3%	0.3%
	KRC	C	1.0%	0.03%	0.03%
	KSS	D	1.0%	0.05%	0.05%
	L	B	1.0%	0.06%	0.06%
	LAD	B	1.0%	0.04%	0.04%
	LAMR	B	1.0%	0.03%	0.03%
	LBRDA	B	1.0%	0.0%	0.0%
	LBRDK	B	1.0%	0.02%	0.02%
	LDOS	C	1.0%	0.06%	0.06%
	LEA	C	1.0%	0.05%	0.05%
	LECO	C	1.0%	0.01%	0.01%
	LEG	D	1.0%	0.02%	0.02%
	LEN	B	1.0%	0.01%	0.01%
	LEN	B	1.0%	0.01%	0.01%
	LEN	B	1.0%	0.13%	0.13%
	LEN	B	1.0%	0.13%	0.13%
	LFUS	B	1.0%	0.01%	0.01%
	LHX	B	1.0%	0.11%	0.11%
	LII	B	1.0%	0.02%	0.02%
	LIN	B	1.0%	0.3%	0.3%
	LITE	C	1.0%	0.01%	0.01%
	LKQ	F	1.0%	0.05%	0.05%
	LLY	D	1.0%	0.23%	0.23%
	LMT	A	1.0%	0.36%	0.36%
	LNC	B	1.0%	0.07%	0.07%
	LNG	A	1.0%	0.06%	0.06%
	LNT	A	1.0%	0.05%	0.05%
	LNW	A	1.0%	0.02%	0.02%
	LOW	B	1.0%	0.32%	0.32%
	LPLA	F	1.0%	0.02%	0.02%
	LPX	B	1.0%	0.02%	0.02%
	LRCX	F	1.0%	0.09%	0.09%
	LSTR	B	1.0%	0.02%	0.02%
	LSXMK	D	1.0%	0.02%	0.02%
	LULU	F	1.0%	0.02%	0.02%
	LUV	F	1.0%	0.02%	0.02%
	LVS	F	1.0%	0.03%	0.03%
	LW	F	1.0%	0.01%	0.01%
	LYB	B	1.0%	0.17%	0.17%
	LYV	C	1.0%	0.02%	0.02%
	M	D	1.0%	0.06%	0.06%
	MA	C	1.0%	0.16%	0.16%
	MAA	A	1.0%	0.05%	0.05%
	MAN	B	1.0%	0.03%	0.03%
	MAR	F	1.0%	0.05%	0.05%
	MAS	B	1.0%	0.03%	0.03%
	MAT	B	1.0%	0.02%	0.02%
	MCD	C	1.0%	0.25%	0.25%
	MCHP	F	1.0%	0.07%	0.07%
	MCK	A	1.0%	0.47%	0.47%
	MCO	A	1.0%	0.06%	0.06%
	MDLZ	C	1.0%	0.2%	0.2%
	MDT	C	1.0%	0.34%	0.34%
	MDU	B	1.0%	0.03%	0.03%
	MET	B	1.0%	0.28%	0.28%
	META	C	1.0%	0.82%	0.82%
	MGM	D	1.0%	0.05%	0.05%
	MHK	B	1.0%	0.07%	0.07%
	MIDD	B	1.0%	0.02%	0.02%
	MKC	B	1.0%	0.05%	0.05%
	MKL	C	1.0%	0.08%	0.08%
	MKSI	D	1.0%	0.02%	0.02%
	MLM	B	1.0%	0.04%	0.04%
	MMC	A	1.0%	0.14%	0.14%
	MMM	A	1.0%	0.42%	0.42%
	MNST	C	1.0%	0.03%	0.03%
	MO	A	1.0%	0.5%	0.5%
	MOH	C	1.0%	0.06%	0.06%
	MOS	D	1.0%	0.07%	0.07%
	MPC	C	1.0%	0.36%	0.36%
	MPW	D	1.0%	0.06%	0.06%
	MRK	F	1.0%	0.55%	0.55%
	MRNA	F	1.0%	0.13%	0.13%
	MRO	D	1.0%	0.07%	0.07%
	MRVL	F	1.0%	0.05%	0.05%
	MS	B	1.0%	0.49%	0.49%
	MSCI	B	1.0%	0.02%	0.02%
	MSFT	D	1.0%	1.97%	1.0%
	MSI	A	1.0%	0.06%	0.06%
	MSM	C	1.0%	0.02%	0.02%
	MTB	B	1.0%	0.14%	0.14%
	MTCH	B	1.0%	0.01%	0.01%
	MTD	A	1.0%	0.02%	0.02%
	MTDR	D	1.0%	0.02%	0.02%
	MTG	B	1.0%	0.02%	0.02%
	MTN	D	1.0%	0.02%	0.02%
	MTZ	D	1.0%	0.04%	0.04%
	MU	D	1.0%	0.36%	0.36%
	MUSA	A	1.0%	0.04%	0.04%
	NDAQ	B	1.0%	0.03%	0.03%
	NDSN	C	1.0%	0.02%	0.02%
	NEE	A	1.0%	0.4%	0.4%
	NEM	A	1.0%	0.19%	0.19%
	NFG	A	1.0%	0.02%	0.02%
	NFLX	D	1.0%	0.17%	0.17%
	NI	A	1.0%	0.06%	0.06%
	NKE	F	1.0%	0.12%	0.12%
	NNN	A	1.0%	0.02%	0.02%
	NOC	A	1.0%	0.17%	0.17%
	NOV	B	1.0%	0.03%	0.03%
	NOW	B	1.0%	0.03%	0.03%
	NRG	D	1.0%	0.09%	0.09%
	NSC	B	1.0%	0.13%	0.13%
	NTAP	C	1.0%	0.06%	0.06%
	NTRS	B	1.0%	0.09%	0.09%
	NUE	F	1.0%	0.14%	0.14%
	NVDA	D	1.0%	0.21%	0.21%
	NVR	A	1.0%	0.05%	0.05%
	NVST	F	1.0%	0.01%	0.01%
	NVT	D	1.0%	0.02%	0.02%
	NWL	B	1.0%	0.04%	0.04%
	NWS	C	1.0%	0.01%	0.01%
	NWSA	C	1.0%	0.03%	0.03%
	NXST	B	1.0%	0.03%	0.03%
	O	A	1.0%	0.1%	0.1%
	OC	B	1.0%	0.05%	0.05%
	ODFL	B	1.0%	0.03%	0.03%
	OGE	A	1.0%	0.04%	0.04%
	OGN	B	1.0%	0.05%	0.05%
	OHI	A	1.0%	0.03%	0.03%
	OKE	B	1.0%	0.14%	0.14%
	OKTA	C	1.0%	0.02%	0.02%
	OLN	F	1.0%	0.03%	0.03%
	OMC	B	1.0%	0.08%	0.08%
	OMF	C	1.0%	0.05%	0.05%
	ON	D	1.0%	0.04%	0.04%
	ORCL	B	1.0%	0.26%	0.26%
	ORI	A	1.0%	0.06%	0.06%
	ORLY	A	1.0%	0.06%	0.06%
	OSK	D	1.0%	0.03%	0.03%
	OTIS	D	1.0%	0.06%	0.06%
	OVV	F	1.0%	0.05%	0.05%
	OXY	F	1.0%	0.16%	0.16%
	OZK	C	1.0%	0.02%	0.02%
	PAG	B	1.0%	0.02%	0.02%
	PARA	D	1.0%	0.13%	0.13%
	PAYX	A	1.0%	0.07%	0.07%
	PB	B	1.0%	0.03%	0.03%
	PCAR	F	1.0%	0.13%	0.13%
	PCG	A	1.0%	0.1%	0.1%
	PEG	A	1.0%	0.14%	0.14%
	PENN	D	1.0%	0.03%	0.03%
	PEP	B	1.0%	0.53%	0.53%
	PFE	B	1.0%	0.97%	0.97%
	PFG	C	1.0%	0.1%	0.1%
	PFGC	D	1.0%	0.06%	0.06%
	PG	B	1.0%	0.76%	0.76%
	PGR	B	1.0%	0.22%	0.22%
	PH	B	1.0%	0.09%	0.09%
	PHM	B	1.0%	0.08%	0.08%
	PII	D	1.0%	0.02%	0.02%
	PINC	B	1.0%	0.01%	0.01%
	PK	F	1.0%	0.03%	0.03%
	PKG	A	1.0%	0.05%	0.05%
	PLD	B	1.0%	0.17%	0.17%
	PM	A	1.0%	0.62%	0.62%
	PNC	B	1.0%	0.34%	0.34%
	PNFP	B	1.0%	0.02%	0.02%
	PNR	B	1.0%	0.03%	0.03%
	PNW	A	1.0%	0.06%	0.06%
	POOL	B	1.0%	0.02%	0.02%
	POST	A	1.0%	0.02%	0.02%
	PPG	F	1.0%	0.07%	0.07%
	PPL	A	1.0%	0.13%	0.13%
	PRGO	C	1.0%	0.02%	0.02%
	PRI	A	1.0%	0.02%	0.02%
	PRU	B	1.0%	0.24%	0.24%
	PSA	B	1.0%	0.07%	0.07%
	PSX	C	1.0%	0.33%	0.33%
	PTC	D	1.0%	0.01%	0.01%
	PVH	F	1.0%	0.02%	0.02%
	PWR	D	1.0%	0.05%	0.05%
	PYPL	C	1.0%	0.15%	0.15%
	QCOM	D	1.0%	0.36%	0.36%
	QRVO	C	1.0%	0.03%	0.03%
	R	B	1.0%	0.05%	0.05%
	RCL	C	1.0%	0.04%	0.04%
	REG	A	1.0%	0.04%	0.04%
	REGN	A	1.0%	0.15%	0.15%
	REXR	B	1.0%	0.02%	0.02%
	RF	B	1.0%	0.11%	0.11%
	RGA	A	1.0%	0.06%	0.06%
	RGLD	A	1.0%	0.02%	0.02%
	RH	B	1.0%	0.01%	0.01%
	RHI	F	1.0%	0.02%	0.02%
	RIVN	C	1.0%	0.03%	0.03%
	RJF	F	1.0%	0.05%	0.05%
	RL	D	1.0%	0.02%	0.02%
	RLI	A	1.0%	0.01%	0.01%
	RMD	B	1.0%	0.03%	0.03%
	RNR	A	1.0%	0.02%	0.02%
	ROK	D	1.0%	0.05%	0.05%
	ROP	D	1.0%	0.07%	0.07%
	ROST	D	1.0%	0.06%	0.06%
	RPM	B	1.0%	0.03%	0.03%
	RPRX	C	1.0%	0.02%	0.02%
	RRC	F	1.0%	0.01%	0.01%
	RRX	B	1.0%	0.03%	0.03%
	RS	C	1.0%	0.05%	0.05%
	RSG	B	1.0%	0.06%	0.06%
	RTX	A	1.0%	0.48%	0.48%
	RYN	B	1.0%	0.01%	0.01%
	SAIA	F	1.0%	0.01%	0.01%
	SAIC	C	1.0%	0.02%	0.02%
	SBAC	B	1.0%	0.02%	0.02%
	SBUX	F	1.0%	0.14%	0.14%
	SCHW	F	1.0%	0.16%	0.16%
	SCI	B	1.0%	0.03%	0.03%
	SEE	B	1.0%	0.02%	0.02%
	SEIC	B	1.0%	0.01%	0.01%
	SF	B	1.0%	0.03%	0.03%
	SHW	A	1.0%	0.09%	0.09%
	SITE	C	1.0%	0.01%	0.01%
	SJM	B	1.0%	0.05%	0.05%
	SKX	D	1.0%	0.03%	0.03%
	SLB	C	1.0%	0.16%	0.16%
	SLGN	A	1.0%	0.02%	0.02%
	SLM	C	1.0%	0.02%	0.02%
	SMCI	D	1.0%	0.01%	0.01%
	SMG	B	1.0%	0.02%	0.02%
	SNA	B	1.0%	0.04%	0.04%
	SNOW	F	1.0%	0.01%	0.01%
	SNPS	F	1.0%	0.03%	0.03%
	SNV	B	1.0%	0.03%	0.03%
	SNX	D	1.0%	0.04%	0.04%
	SO	A	1.0%	0.37%	0.37%
	SOFI	C	1.0%	0.01%	0.01%
	SOLV	B	1.0%	0.05%	0.05%
	SON	D	1.0%	0.03%	0.03%
	SPB	D	1.0%	0.01%	0.01%
	SPG	B	1.0%	0.11%	0.11%
	SPGI	A	1.0%	0.17%	0.17%
	SPOT	B	1.0%	0.02%	0.02%
	SQ	F	1.0%	0.05%	0.05%
	SRCL	A	1.0%	0.02%	0.02%
	SRE	A	1.0%	0.18%	0.18%
	SSNC	A	1.0%	0.04%	0.04%
	ST	D	1.0%	0.02%	0.02%
	STAG	A	1.0%	0.02%	0.02%
	STE	A	1.0%	0.03%	0.03%
	STLD	C	1.0%	0.07%	0.07%
	STT	B	1.0%	0.15%	0.15%
	STWD	B	1.0%	0.04%	0.04%
	STZ	F	1.0%	0.07%	0.07%
	SUI	A	1.0%	0.04%	0.04%
	SWK	B	1.0%	0.08%	0.08%
	SWKS	C	1.0%	0.05%	0.05%
	SWN	F	1.0%	0.05%	0.05%
	SYF	C	1.0%	0.19%	0.19%
	SYK	D	1.0%	0.11%	0.11%
	SYY	B	1.0%	0.14%	0.14%
	T	A	1.0%	1.07%	1.0%
	TAP	C	1.0%	0.05%	0.05%
	TDG	D	1.0%	0.07%	0.07%
	TDY	B	1.0%	0.04%	0.04%
	TER	D	1.0%	0.03%	0.03%
	TFC	B	1.0%	0.36%	0.36%
	TFX	B	1.0%	0.02%	0.02%
	TGT	C	1.0%	0.3%	0.3%
	THC	B	1.0%	0.12%	0.12%
	THG	A	1.0%	0.02%	0.02%
	THO	C	1.0%	0.03%	0.03%
	TJX	A	1.0%	0.19%	0.19%
	TKR	B	1.0%	0.02%	0.02%
	TMO	A	1.0%	0.26%	0.26%
	TMUS	A	1.0%	0.26%	0.26%
	TNL	C	1.0%	0.02%	0.02%
	TOL	B	1.0%	0.05%	0.05%
	TPR	D	1.0%	0.03%	0.03%
	TPX	C	1.0%	0.01%	0.01%
	TRGP	A	1.0%	0.08%	0.08%
	TRMB	F	1.0%	0.02%	0.02%
	TROW	D	1.0%	0.09%	0.09%
	TRU	B	1.0%	0.03%	0.03%
	TRV	B	1.0%	0.21%	0.21%
	TSCO	D	1.0%	0.05%	0.05%
	TSLA	C	1.0%	0.27%	0.27%
	TSN	A	1.0%	0.16%	0.16%
	TT	B	1.0%	0.09%	0.09%
	TTC	C	1.0%	0.02%	0.02%
	TTWO	F	1.0%	0.04%	0.04%
	TWLO	D	1.0%	0.03%	0.03%
	TXN	C	1.0%	0.35%	0.35%
	TXRH	A	1.0%	0.01%	0.01%
	TXT	B	1.0%	0.05%	0.05%
	TYL	B	1.0%	0.02%	0.02%
	UA	D	1.0%	0.01%	0.01%
	UAA	D	1.0%	0.01%	0.01%
	UAL	F	1.0%	0.03%	0.03%
	UBER	F	1.0%	0.04%	0.04%
	UDR	B	1.0%	0.04%	0.04%
	UGI	A	1.0%	0.05%	0.05%
	UHAL	B	1.0%	0.02%	0.02%
	UHAL	B	1.0%	0.02%	0.02%
	UHAL	B	1.0%	0.0%	0.0%
	UHAL	B	1.0%	0.0%	0.0%
	UHS	A	1.0%	0.05%	0.05%
	ULTA	F	1.0%	0.02%	0.02%
	UNH	A	1.0%	1.08%	1.0%
	UNM	A	1.0%	0.06%	0.06%
	UNP	B	1.0%	0.27%	0.27%
	UPS	F	1.0%	0.33%	0.33%
	URI	C	1.0%	0.1%	0.1%
	USB	B	1.0%	0.36%	0.36%
	USFD	C	1.0%	0.07%	0.07%
	UTHR	B	1.0%	0.04%	0.04%
	V	D	1.0%	0.22%	0.22%
	VAC	F	1.0%	0.02%	0.02%
	VEEV	C	1.0%	0.01%	0.01%
	VFC	B	1.0%	0.06%	0.06%
	VICI	A	1.0%	0.07%	0.07%
	VLO	B	1.0%	0.4%	0.4%
	VLTO	A	1.0%	0.02%	0.02%
	VMC	A	1.0%	0.04%	0.04%
	VMI	B	1.0%	0.02%	0.02%
	VNO	B	1.0%	0.04%	0.04%
	VNT	F	1.0%	0.02%	0.02%
	VOYA	F	1.0%	0.03%	0.03%
	VRSK	C	1.0%	0.03%	0.03%
	VRT	D	1.0%	0.01%	0.01%
	VRTX	A	1.0%	0.09%	0.09%
	VST	D	1.0%	0.08%	0.08%
	VSTS	C	1.0%	0.01%	0.01%
	VTR	A	1.0%	0.1%	0.1%
	VTRS	B	1.0%	0.09%	0.09%
	VZ	C	1.0%	1.24%	1.0%
	W	F	1.0%	0.02%	0.02%
	WAB	D	1.0%	0.05%	0.05%
	WAL	C	1.0%	0.03%	0.03%
	WAT	B	1.0%	0.02%	0.02%
	WBA	F	1.0%	0.16%	0.16%
	WBD	D	1.0%	0.15%	0.15%
	WBS	C	1.0%	0.03%	0.03%
	WCC	F	1.0%	0.05%	0.05%
	WDAY	D	1.0%	0.01%	0.01%
	WDC	F	1.0%	0.12%	0.12%
	WEC	A	1.0%	0.1%	0.1%
	WELL	A	1.0%	0.14%	0.14%
	WEX	D	1.0%	0.01%	0.01%
	WFC	C	1.0%	1.14%	1.0%
	WH	C	1.0%	0.01%	0.01%
	WHR	C	1.0%	0.06%	0.06%
	WLK	D	1.0%	0.02%	0.02%
	WM	C	1.0%	0.12%	0.12%
	WMB	B	1.0%	0.19%	0.19%
	WMT	B	1.0%	1.02%	1.0%
	WPC	C	1.0%	0.04%	0.04%
	WRB	B	1.0%	0.04%	0.04%
	WSC	C	1.0%	0.01%	0.01%
	WSM	C	1.0%	0.04%	0.04%
	WSO	C	1.0%	0.03%	0.03%
	WST	F	1.0%	0.01%	0.01%
	WTFC	C	1.0%	0.02%	0.02%
	WTRG	A	1.0%	0.03%	0.03%
	WTW	A	1.0%	0.07%	0.07%
	WU	D	1.0%	0.04%	0.04%
	WWD	D	1.0%	0.02%	0.02%
	WY	B	1.0%	0.1%	0.1%
	WYNN	F	1.0%	0.01%	0.01%
	X	B	1.0%	0.06%	0.06%
	XEL	B	1.0%	0.13%	0.13%
	XOM	B	1.0%	2.32%	1.0%
	XP	F	1.0%	0.01%	0.01%
	XPO	B	1.0%	0.02%	0.02%
	XRAY	C	1.0%	0.01%	0.01%
	XYL	D	1.0%	0.03%	0.03%
	YUM	C	1.0%	0.05%	0.05%
	Z	D	1.0%	0.01%	0.01%
	ZBH	C	1.0%	0.05%	0.05%
	ZBRA	B	1.0%	0.03%	0.03%
	ZG	D	1.0%	0.0%	0.0%
	ZION	C	1.0%	0.04%	0.04%
	ZM	F	1.0%	0.02%	0.02%
	ZTS	B	1.0%	0.06%	0.06%

IWB Overweight 224 Positions Relative to PRF

	Symbol	Grade	Weight
	PLTK	F	1.0%
	PARAA	B	1.0%
	GRAL	C	1.0%
	SEB	D	1.0%
	LOAR	C	1.0%
	LLYVA	D	1.0%
	UI	B	1.0%
	UWMC	B	1.0%
	TFSL	C	1.0%
	CWEN	A	1.0%
	PYCR	D	1.0%
	ALAB	F	1.0%
	CNA	B	1.0%
	SNDR	B	1.0%
	DDS	F	1.0%
	NFE	F	1.0%
	AS	F	1.0%
	MP	F	1.0%
	REYN	C	1.0%
	INFA	D	1.0%
	PPC	B	1.0%
	LSXMA	D	1.0%
	SHC	B	1.0%
	LLYVK	D	1.0%
	CERT	C	1.0%
	ALGM	F	1.0%
	DJT	F	1.0%
	TXG	F	1.0%
	FWONA	B	1.0%
	TRIP	F	1.0%
	RKT	C	1.0%
	HAYW	B	1.0%
	GO	F	1.0%
	RCM	B	1.0%
	ADT	C	1.0%
	QDEL	C	1.0%
	CWEN	A	1.0%
	BIRK	B	1.0%
	NCNO	C	1.0%
	SIRI	D	1.0%
	WOLF	F	1.0%
	VIRT	C	1.0%
	HHH	C	1.0%
	QS	D	1.0%
	FTRE	C	1.0%
	LCID	D	1.0%
	IPGP	F	1.0%
	COLM	D	1.0%
	SAM	F	1.0%
	PEGA	B	1.0%
	DV	C	1.0%
	DNB	C	1.0%
	WEN	C	1.0%
	RNG	C	1.0%
	CERE	A	1.0%
	CXT	C	1.0%
	AMED	A	1.0%
	DOCS	C	1.0%
	HCP	A	1.0%
	LBTYA	B	1.0%
	TDC	F	1.0%
	GTES	B	1.0%
	NSA	C	1.0%
	AZTA	B	1.0%
	YETI	D	1.0%
	FIVN	D	1.0%
	LBTYK	B	1.0%
	NEU	B	1.0%
	BROS	D	1.0%
	PSN	B	1.0%
	CACC	D	1.0%
	RARE	C	1.0%
	ZI	F	1.0%
	IRDM	C	1.0%
	CHH	B	1.0%
	INSP	F	1.0%
	MSGS	B	1.0%
	FOUR	F	1.0%
	COTY	F	1.0%
	VNOM	B	1.0%
	ROIV	D	1.0%
	APLS	F	1.0%
	TPG	B	1.0%
	SPR	B	1.0%
	LYFT	F	1.0%
	WTM	C	1.0%
	DLB	F	1.0%
	LOPE	A	1.0%
	MASI	F	1.0%
	PATH	F	1.0%
	GFS	D	1.0%
	SN	C	1.0%
	U	F	1.0%
	CCCS	F	1.0%
	ALK	F	1.0%
	FRPT	D	1.0%
	APPF	D	1.0%
	LAZ	B	1.0%
	HXL	D	1.0%
	BILL	F	1.0%
	AZPN	F	1.0%
	RITM	B	1.0%
	S	C	1.0%
	MTSI	D	1.0%
	AWI	B	1.0%
	CART	C	1.0%
	RYAN	A	1.0%
	VVV	B	1.0%
	AAON	C	1.0%
	CAVA	D	1.0%
	OLLI	B	1.0%
	CFLT	F	1.0%
	AFRM	F	1.0%
	DBX	C	1.0%
	SMAR	B	1.0%
	PCTY	C	1.0%
	GTLB	D	1.0%
	DUOL	F	1.0%
	PEN	F	1.0%
	BRBR	D	1.0%
	PLNT	C	1.0%
	AZEK	D	1.0%
	H	C	1.0%
	COKE	A	1.0%
	BRKR	D	1.0%
	HR	B	1.0%
	BSY	F	1.0%
	BFAM	B	1.0%
	VKTX	D	1.0%
	CRUS	C	1.0%
	MSA	C	1.0%
	ETSY	D	1.0%
	IONS	B	1.0%
	PCOR	C	1.0%
	ROKU	D	1.0%
	LSCC	F	1.0%
	HLI	B	1.0%
	DAY	C	1.0%
	CROX	D	1.0%
	RGEN	B	1.0%
	NCLH	D	1.0%
	GLOB	C	1.0%
	GMED	B	1.0%
	EXAS	C	1.0%
	SSD	C	1.0%
	RBC	B	1.0%
	CHE	B	1.0%
	ITCI	B	1.0%
	MKTX	C	1.0%
	EXP	B	1.0%
	MORN	B	1.0%
	CELH	F	1.0%
	WFRD	C	1.0%
	PAYC	C	1.0%
	TKO	C	1.0%
	NYT	B	1.0%
	TREX	D	1.0%
	ESTC	C	1.0%
	ONTO	F	1.0%
	PR	F	1.0%
	ELF	D	1.0%
	MEDP	D	1.0%
	KNSL	B	1.0%
	OWL	C	1.0%
	CHDN	B	1.0%
	NLY	B	1.0%
	FBIN	B	1.0%
	OLED	C	1.0%
	FIX	C	1.0%
	WING	D	1.0%
	TTEK	A	1.0%
	DOCU	D	1.0%
	TOST	C	1.0%
	DT	F	1.0%
	WMS	C	1.0%
	NTRA	D	1.0%
	NTNX	F	1.0%
	TW	A	1.0%
	GWRE	B	1.0%
	IBKR	D	1.0%
	SW	F	1.0%
	TECH	B	1.0%
	ROL	C	1.0%
	SRPT	C	1.0%
	PODD	B	1.0%
	CVNA	B	1.0%
	NBIX	A	1.0%
	RVTY	A	1.0%
	GEN	B	1.0%
	AMCR	A	1.0%
	TPL	B	1.0%
	ENPH	F	1.0%
	FWONK	B	1.0%
	MANH	B	1.0%
	VRSN	C	1.0%
	DKNG	F	1.0%
	ZS	F	1.0%
	PSTG	D	1.0%
	MDB	F	1.0%
	LH	A	1.0%
	COO	B	1.0%
	APP	D	1.0%
	RBLX	C	1.0%
	AXON	C	1.0%
	PINS	F	1.0%
	NET	D	1.0%
	HUBS	F	1.0%
	MSTR	C	1.0%
	TEAM	D	1.0%
	DELL	D	1.0%
	ALNY	A	1.0%
	DDOG	F	1.0%
	KVUE	D	1.0%
	COR	A	1.0%
	MPWR	C	1.0%
	FICO	B	1.0%
	NU	C	1.0%
	TTD	D	1.0%
	FERG	B	1.0%
	PLTR	C	1.0%
	CRWD	F	1.0%
	CRH	B	1.0%
	FI	A	1.0%
	PANW	C	1.0%

IWB Underweight 199 Positions Relative to PRF

	Symbol	Grade	Weight
	TEL	C	-0.1%
	JXN	B	-0.09%
	AER	C	-0.09%
	ZIM	D	-0.09%
	NXPI	D	-0.09%
	STX	C	-0.08%
	FLEX	D	-0.07%
	CRBG	D	-0.06%
	BAP	C	-0.05%
	GT	F	-0.05%
	PBF	F	-0.05%
	MTH	B	-0.04%
	SLG	B	-0.04%
	RIG	D	-0.04%
	GPI	B	-0.04%
	HBI	B	-0.04%
	TDS	B	-0.04%
	TMHC	B	-0.04%
	ABG	B	-0.04%
	CCEP	C	-0.04%
	ICLR	B	-0.04%
	RDN	B	-0.03%
	POR	A	-0.03%
	LUMN	B	-0.03%
	NSIT	C	-0.03%
	SWX	B	-0.03%
	KBH	B	-0.03%
	HE	C	-0.03%
	ALV	D	-0.03%
	TPH	C	-0.03%
	CMC	B	-0.03%
	MUR	F	-0.03%
	FLR	C	-0.03%
	HLF	D	-0.03%
	SANM	B	-0.03%
	BECN	B	-0.03%
	COOP	C	-0.03%
	SFM	A	-0.03%
	GHC	C	-0.02%
	TTMI	C	-0.02%
	AEO	D	-0.02%
	VSH	C	-0.02%
	ENS	B	-0.02%
	SFNC	C	-0.02%
	TEX	C	-0.02%
	UMBF	B	-0.02%
	APLE	C	-0.02%
	KRG	A	-0.02%
	GATX	C	-0.02%
	OI	C	-0.02%
	PLXS	B	-0.02%
	MMS	B	-0.02%
	BTU	D	-0.02%
	CBT	C	-0.02%
	DAN	D	-0.02%
	ABCB	B	-0.02%
	BCO	B	-0.02%
	ASGN	D	-0.02%
	PCH	C	-0.02%
	GMS	C	-0.02%
	ESGR	B	-0.02%
	CSTM	F	-0.02%
	HUBG	B	-0.02%
	RXO	B	-0.02%
	REZI	C	-0.02%
	TCBI	C	-0.02%
	MELI	D	-0.02%
	PHIN	B	-0.02%
	VSAT	C	-0.02%
	TRN	A	-0.02%
	NJR	A	-0.02%
	AVNT	B	-0.02%
	FULT	C	-0.02%
	PNM	A	-0.02%
	SLVM	B	-0.02%
	NWE	B	-0.02%
	HOMB	B	-0.02%
	HCC	C	-0.02%
	XRX	F	-0.02%
	AVA	A	-0.02%
	ALE	A	-0.02%
	DY	B	-0.02%
	GBCI	C	-0.02%
	NAVI	C	-0.02%
	ESNT	B	-0.02%
	HP	C	-0.02%
	GEO	C	-0.02%
	CHKP	A	-0.02%
	MLI	B	-0.02%
	OGS	B	-0.02%
	SR	B	-0.02%
	CNX	B	-0.02%
	DEI	B	-0.02%
	ADNT	F	-0.02%
	BKU	B	-0.02%
	MAC	C	-0.02%
	DK	D	-0.02%
	SEM	B	-0.02%
	MHO	B	-0.02%
	SCCO	D	-0.02%
	SBRA	B	-0.02%
	RUN	B	-0.02%
	SM	D	-0.02%
	ASB	C	-0.02%
	CADE	C	-0.02%
	BXMT	C	-0.02%
	UFPI	B	-0.02%
	HWC	C	-0.02%
	BKH	A	-0.02%
	VLY	C	-0.02%
	UBSI	B	-0.02%
	TGNA	C	-0.02%
	CNO	B	-0.02%
	CWK	C	-0.02%
	FL	B	-0.02%
	ONB	B	-0.02%
	BCC	C	-0.02%
	SSB	B	-0.02%
	ABM	A	-0.02%
	GNW	B	-0.02%
	HELE	F	-0.01%
	PARR	D	-0.01%
	UNIT	C	-0.01%
	CBRL	D	-0.01%
	NUS	F	-0.01%
	ARCB	B	-0.01%
	LGIH	B	-0.01%
	RLJ	F	-0.01%
	BGS	D	-0.01%
	OPCH	C	-0.01%
	STNE	D	-0.01%
	AMR	F	-0.01%
	GTN	D	-0.01%
	CRC	D	-0.01%
	IGT	C	-0.01%
	DRH	F	-0.01%
	JELD	C	-0.01%
	OPEN	D	-0.01%
	BXC	C	-0.01%
	MLKN	B	-0.01%
	CABO	C	-0.01%
	SBH	D	-0.01%
	KMT	C	-0.01%
	PECO	B	-0.01%
	APAM	C	-0.01%
	UVV	C	-0.01%
	PMT	C	-0.01%
	HTZ	F	-0.01%
	PFSI	C	-0.01%
	NSP	C	-0.01%
	OMI	C	-0.01%
	DIOD	C	-0.01%
	ABR	D	-0.01%
	ARI	C	-0.01%
	CXW	D	-0.01%
	AXL	F	-0.01%
	URBN	C	-0.01%
	VSCO	F	-0.01%
	ARCH	F	-0.01%
	ASO	F	-0.01%
	LXP	B	-0.01%
	GEF	B	-0.01%
	SIGI	D	-0.01%
	KNF	C	-0.01%
	TROX	D	-0.01%
	HPP	C	-0.01%
	CCS	B	-0.01%
	ODP	C	-0.01%
	UCBI	B	-0.01%
	GRAB	F	-0.01%
	AIT	C	-0.01%
	JBGS	C	-0.01%
	PPBI	C	-0.01%
	INDB	C	-0.01%
	LCII	C	-0.01%
	HRI	C	-0.01%
	PDCO	C	-0.01%
	ALIT	D	-0.01%
	FIBK	C	-0.01%
	FUL	B	-0.01%
	NOMD	B	-0.01%
	OUT	B	-0.01%
	ANDE	C	-0.01%
	RUSHA	A	-0.01%
	GTLS	C	-0.01%
	UNFI	C	-0.01%
	IRT	A	-0.01%
	AMN	B	-0.01%
	BDN	B	-0.01%
	MC	C	-0.01%
	WERN	B	-0.01%
	THS	B	-0.01%
	CATY	C	-0.01%
	AUB	C	-0.01%
	SIG	F	-0.01%
	FFBC	C	-0.01%
	ATKR	F	-0.01%
	BIG	F	-0.0%
	SEDG	F	-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 IBD 50

PRF: Top Represented Industries & Keywords

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

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