IWB vs. VONV ETF Comparison

Comparison of iShares Russell 1000 ETF (IWB) to Vanguard Russell 1000 Value ETF (VONV)

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

VONV

Vanguard Russell 1000 Value ETF

VONV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Value Index. The index is designed to measure the performance of large-capitalization value stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$86.79

Average Daily Volume

372,062

Number of Holdings ^*

842

* may have additional holdings in another (foreign) market

Performance

Period	IWB	VONV
30 Days	3.82%	3.51%
60 Days	5.33%	4.96%
90 Days	7.10%	7.00%
12 Months	33.41%	29.73%

842 Overlapping Holdings

	Symbol	Grade	Weight in IWB	Weight in VONV	Overlap
	A	D	0.07%	0.15%	0.07%
	AA	B	0.02%	0.04%	0.02%
	AAL	B	0.02%	0.03%	0.02%
	AAP	C	0.0%	0.01%	0.0%
	ABBV	D	0.54%	0.82%	0.54%
	ABT	B	0.37%	0.78%	0.37%
	ACGL	D	0.07%	0.14%	0.07%
	ACHC	F	0.01%	0.02%	0.01%
	ACI	C	0.01%	0.03%	0.01%
	ACM	A	0.03%	0.06%	0.03%
	ACN	C	0.41%	0.87%	0.41%
	ADC	B	0.01%	0.03%	0.01%
	ADI	D	0.19%	0.44%	0.19%
	ADM	D	0.05%	0.11%	0.05%
	ADP	B	0.23%	0.03%	0.03%
	AEE	A	0.04%	0.09%	0.04%
	AEP	D	0.09%	0.21%	0.09%
	AES	F	0.02%	0.05%	0.02%
	AFG	A	0.02%	0.04%	0.02%
	AFL	B	0.11%	0.23%	0.11%
	AFRM	B	0.02%	0.04%	0.02%
	AGCO	D	0.01%	0.02%	0.01%
	AGNC	D	0.01%	0.03%	0.01%
	AGO	B	0.01%	0.02%	0.01%
	AGR	B	0.0%	0.01%	0.0%
	AIG	B	0.09%	0.2%	0.09%
	AIZ	A	0.02%	0.04%	0.02%
	AJG	B	0.12%	0.23%	0.12%
	AKAM	D	0.02%	0.06%	0.02%
	AL	B	0.01%	0.02%	0.01%
	ALB	C	0.02%	0.04%	0.02%
	ALGM	D	0.0%	0.01%	0.0%
	ALGN	D	0.03%	0.03%	0.03%
	ALK	C	0.01%	0.02%	0.01%
	ALL	A	0.1%	0.17%	0.1%
	ALLE	D	0.02%	0.05%	0.02%
	ALLY	C	0.02%	0.03%	0.02%
	ALNY	D	0.05%	0.02%	0.02%
	ALSN	B	0.02%	0.04%	0.02%
	AM	A	0.01%	0.01%	0.01%
	AMAT	F	0.26%	0.05%	0.05%
	AMCR	D	0.03%	0.06%	0.03%
	AMD	F	0.4%	0.32%	0.32%
	AME	A	0.08%	0.17%	0.08%
	AMED	F	0.01%	0.01%	0.01%
	AMG	B	0.01%	0.02%	0.01%
	AMGN	D	0.28%	0.15%	0.15%
	AMH	D	0.02%	0.05%	0.02%
	AMKR	D	0.01%	0.01%	0.01%
	AMP	A	0.1%	0.02%	0.02%
	AN	C	0.01%	0.02%	0.01%
	ANSS	B	0.05%	0.11%	0.05%
	AON	A	0.14%	0.29%	0.14%
	AOS	F	0.02%	0.04%	0.02%
	APA	D	0.02%	0.03%	0.02%
	APD	A	0.13%	0.28%	0.13%
	APG	B	0.01%	0.03%	0.01%
	APH	A	0.15%	0.13%	0.13%
	APO	B	0.16%	0.08%	0.08%
	APTV	D	0.03%	0.06%	0.03%
	AR	B	0.02%	0.03%	0.02%
	ARE	D	0.03%	0.08%	0.03%
	ARMK	B	0.02%	0.04%	0.02%
	ARW	D	0.01%	0.03%	0.01%
	ASH	D	0.01%	0.02%	0.01%
	ATI	D	0.01%	0.03%	0.01%
	ATO	A	0.04%	0.08%	0.04%
	ATR	B	0.02%	0.04%	0.02%
	AVB	B	0.06%	0.13%	0.06%
	AVT	C	0.01%	0.02%	0.01%
	AVTR	F	0.03%	0.06%	0.03%
	AVY	D	0.03%	0.04%	0.03%
	AWI	A	0.01%	0.02%	0.01%
	AWK	D	0.05%	0.11%	0.05%
	AXP	A	0.3%	0.38%	0.3%
	AXS	A	0.01%	0.02%	0.01%
	AXTA	A	0.02%	0.03%	0.02%
	AYI	B	0.02%	0.04%	0.02%
	AZEK	A	0.01%	0.01%	0.01%
	AZO	C	0.1%	0.02%	0.02%
	AZTA	D	0.0%	0.01%	0.0%
	BA	F	0.18%	0.34%	0.18%
	BAC	A	0.59%	1.14%	0.59%
	BALL	D	0.03%	0.07%	0.03%
	BAX	D	0.03%	0.07%	0.03%
	BBWI	D	0.01%	0.03%	0.01%
	BBY	D	0.04%	0.08%	0.04%
	BC	C	0.01%	0.02%	0.01%
	BDX	F	0.12%	0.27%	0.12%
	BEN	C	0.01%	0.02%	0.01%
	BERY	B	0.01%	0.03%	0.01%
	BFAM	D	0.01%	0.03%	0.01%
	BG	F	0.02%	0.05%	0.02%
	BHF	B	0.01%	0.01%	0.01%
	BIIB	F	0.04%	0.1%	0.04%
	BILL	A	0.02%	0.02%	0.02%
	BIO	D	0.01%	0.03%	0.01%
	BIRK	D	0.0%	0.01%	0.0%
	BJ	A	0.02%	0.04%	0.02%
	BK	A	0.11%	0.22%	0.11%
	BKNG	A	0.31%	0.04%	0.04%
	BKR	B	0.08%	0.15%	0.08%
	BLD	D	0.02%	0.04%	0.02%
	BLDR	D	0.04%	0.07%	0.04%
	BLK	C	0.29%	0.58%	0.29%
	BMRN	D	0.02%	0.05%	0.02%
	BMY	B	0.21%	0.45%	0.21%
	BOKF	B	0.0%	0.01%	0.0%
	BPOP	B	0.01%	0.02%	0.01%
	BR	A	0.05%	0.01%	0.01%
	BRBR	A	0.02%	0.03%	0.02%
	BRK.A	B	1.59%	3.3%	1.59%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	B	0.05%	0.06%	0.05%
	BROS	B	0.01%	0.01%	0.01%
	BRX	A	0.02%	0.03%	0.02%
	BSX	B	0.24%	0.49%	0.24%
	BWA	D	0.01%	0.03%	0.01%
	BWXT	B	0.02%	0.04%	0.02%
	BXP	D	0.02%	0.05%	0.02%
	BYD	C	0.01%	0.02%	0.01%
	C	A	0.24%	0.49%	0.24%
	CACC	D	0.01%	0.0%	0.0%
	CACI	D	0.02%	0.05%	0.02%
	CAG	D	0.02%	0.06%	0.02%
	CAH	B	0.05%	0.04%	0.04%
	CAR	C	0.0%	0.0%	0.0%
	CARR	D	0.12%	0.2%	0.12%
	CASY	A	0.03%	0.05%	0.03%
	CAT	B	0.35%	0.63%	0.35%
	CB	C	0.22%	0.46%	0.22%
	CBOE	B	0.04%	0.09%	0.04%
	CBRE	B	0.07%	0.16%	0.07%
	CBSH	A	0.02%	0.03%	0.02%
	CC	C	0.01%	0.01%	0.01%
	CCI	D	0.08%	0.19%	0.08%
	CCK	C	0.02%	0.04%	0.02%
	CCL	B	0.05%	0.09%	0.05%
	CDW	F	0.04%	0.05%	0.04%
	CE	F	0.01%	0.04%	0.01%
	CEG	D	0.13%	0.28%	0.13%
	CERT	F	0.0%	0.0%	0.0%
	CF	B	0.03%	0.06%	0.03%
	CFG	B	0.04%	0.08%	0.04%
	CFR	B	0.02%	0.03%	0.02%
	CG	A	0.02%	0.04%	0.02%
	CGNX	C	0.01%	0.03%	0.01%
	CHD	B	0.05%	0.1%	0.05%
	CHE	D	0.02%	0.03%	0.02%
	CHH	A	0.01%	0.0%	0.0%
	CHRD	D	0.01%	0.03%	0.01%
	CHRW	C	0.02%	0.05%	0.02%
	CHTR	C	0.07%	0.12%	0.07%
	CI	F	0.17%	0.32%	0.17%
	CIEN	B	0.02%	0.04%	0.02%
	CINF	A	0.04%	0.09%	0.04%
	CIVI	D	0.01%	0.01%	0.01%
	CL	D	0.14%	0.14%	0.14%
	CLF	F	0.01%	0.02%	0.01%
	CLH	B	0.02%	0.05%	0.02%
	CLVT	F	0.0%	0.01%	0.0%
	CMA	A	0.02%	0.03%	0.02%
	CMCSA	B	0.3%	0.67%	0.3%
	CME	A	0.15%	0.32%	0.15%
	CMI	A	0.09%	0.18%	0.09%
	CMS	C	0.04%	0.08%	0.04%
	CNA	B	0.0%	0.0%	0.0%
	CNC	D	0.06%	0.13%	0.06%
	CNH	C	0.02%	0.04%	0.02%
	CNM	D	0.02%	0.01%	0.01%
	CNP	B	0.04%	0.07%	0.04%
	CNXC	F	0.0%	0.01%	0.0%
	COF	B	0.13%	0.25%	0.13%
	COHR	B	0.02%	0.05%	0.02%
	COIN	C	0.11%	0.02%	0.02%
	COKE	C	0.01%	0.03%	0.01%
	COLB	A	0.01%	0.02%	0.01%
	COLD	D	0.01%	0.03%	0.01%
	COLM	B	0.01%	0.01%	0.01%
	COP	C	0.24%	0.51%	0.24%
	COTY	F	0.01%	0.01%	0.01%
	CPB	D	0.02%	0.04%	0.02%
	CPRI	F	0.0%	0.01%	0.0%
	CPRT	A	0.09%	0.01%	0.01%
	CPT	B	0.02%	0.05%	0.02%
	CR	A	0.02%	0.03%	0.02%
	CRI	D	0.0%	0.01%	0.0%
	CRL	C	0.02%	0.04%	0.02%
	CRM	B	0.56%	0.17%	0.17%
	CROX	D	0.01%	0.02%	0.01%
	CRUS	D	0.01%	0.02%	0.01%
	CSCO	B	0.43%	0.89%	0.43%
	CSGP	D	0.05%	0.12%	0.05%
	CSL	C	0.04%	0.07%	0.04%
	CSX	B	0.13%	0.26%	0.13%
	CTAS	B	0.14%	0.01%	0.01%
	CTLT	B	0.02%	0.04%	0.02%
	CTRA	B	0.03%	0.07%	0.03%
	CTSH	B	0.07%	0.15%	0.07%
	CTVA	C	0.07%	0.17%	0.07%
	CUBE	D	0.02%	0.04%	0.02%
	CUZ	B	0.01%	0.02%	0.01%
	CVNA	B	0.05%	0.07%	0.05%
	CVS	D	0.12%	0.29%	0.12%
	CVX	A	0.51%	1.03%	0.51%
	CW	B	0.02%	0.05%	0.02%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.01%	0.0%
	CWEN	C	0.0%	0.0%	0.0%
	CWEN	C	0.0%	0.01%	0.0%
	CXT	B	0.0%	0.01%	0.0%
	CZR	F	0.01%	0.03%	0.01%
	D	C	0.09%	0.2%	0.09%
	DAL	C	0.08%	0.15%	0.08%
	DAR	C	0.01%	0.02%	0.01%
	DASH	A	0.11%	0.03%	0.03%
	DAY	B	0.02%	0.04%	0.02%
	DBX	B	0.01%	0.02%	0.01%
	DCI	B	0.02%	0.04%	0.02%
	DD	D	0.06%	0.14%	0.06%
	DDS	B	0.0%	0.0%	0.0%
	DE	A	0.19%	0.41%	0.19%
	DELL	C	0.07%	0.11%	0.07%
	DFS	B	0.08%	0.15%	0.08%
	DG	F	0.03%	0.07%	0.03%
	DGX	A	0.03%	0.07%	0.03%
	DHI	D	0.09%	0.2%	0.09%
	DHR	F	0.27%	0.63%	0.27%
	DINO	D	0.01%	0.02%	0.01%
	DIS	B	0.39%	0.71%	0.39%
	DJT	C	0.0%	0.0%	0.0%
	DKS	C	0.02%	0.04%	0.02%
	DLB	B	0.01%	0.02%	0.01%
	DLR	B	0.11%	0.23%	0.11%
	DLTR	F	0.02%	0.05%	0.02%
	DNB	B	0.01%	0.01%	0.01%
	DOC	D	0.03%	0.06%	0.03%
	DOCS	C	0.01%	0.02%	0.01%
	DOV	A	0.05%	0.1%	0.05%
	DOW	F	0.06%	0.14%	0.06%
	DOX	D	0.02%	0.04%	0.02%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.1%	0.05%
	DTM	B	0.02%	0.04%	0.02%
	DUK	C	0.16%	0.36%	0.16%
	DV	C	0.0%	0.0%	0.0%
	DVN	F	0.04%	0.1%	0.04%
	DXC	B	0.01%	0.01%	0.01%
	EA	A	0.08%	0.16%	0.08%
	EBAY	D	0.06%	0.12%	0.06%
	ECL	D	0.11%	0.03%	0.03%
	ED	D	0.06%	0.14%	0.06%
	EEFT	B	0.01%	0.02%	0.01%
	EFX	F	0.06%	0.1%	0.06%
	EG	C	0.03%	0.05%	0.03%
	EGP	F	0.02%	0.03%	0.02%
	EHC	B	0.02%	0.04%	0.02%
	EIX	B	0.06%	0.13%	0.06%
	EL	F	0.03%	0.04%	0.03%
	ELAN	D	0.01%	0.02%	0.01%
	ELS	C	0.02%	0.05%	0.02%
	ELV	F	0.17%	0.32%	0.17%
	EME	C	0.04%	0.05%	0.04%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.13%	0.25%	0.13%
	ENOV	C	0.0%	0.01%	0.0%
	EOG	A	0.14%	0.28%	0.14%
	EPAM	C	0.02%	0.04%	0.02%
	EPR	D	0.01%	0.01%	0.01%
	EQIX	A	0.16%	0.33%	0.16%
	EQR	B	0.05%	0.11%	0.05%
	EQT	B	0.05%	0.08%	0.05%
	ES	D	0.04%	0.09%	0.04%
	ESAB	B	0.01%	0.03%	0.01%
	ESI	A	0.01%	0.02%	0.01%
	ESS	B	0.04%	0.07%	0.04%
	ETN	A	0.26%	0.53%	0.26%
	ETR	B	0.06%	0.13%	0.06%
	ETSY	D	0.01%	0.01%	0.01%
	EVR	B	0.02%	0.04%	0.02%
	EVRG	A	0.03%	0.05%	0.03%
	EW	C	0.07%	0.13%	0.07%
	EWBC	A	0.03%	0.05%	0.03%
	EXAS	D	0.02%	0.03%	0.02%
	EXC	C	0.07%	0.16%	0.07%
	EXEL	B	0.02%	0.01%	0.01%
	EXP	A	0.02%	0.01%	0.01%
	EXPD	D	0.03%	0.06%	0.03%
	EXR	D	0.06%	0.14%	0.06%
	F	C	0.08%	0.16%	0.08%
	FAF	A	0.01%	0.03%	0.01%
	FANG	D	0.06%	0.13%	0.06%
	FAST	B	0.09%	0.03%	0.03%
	FBIN	D	0.02%	0.04%	0.02%
	FCN	D	0.01%	0.03%	0.01%
	FCNCA	A	0.05%	0.09%	0.05%
	FCX	D	0.11%	0.26%	0.11%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.12%	0.25%	0.12%
	FE	C	0.04%	0.1%	0.04%
	FFIV	B	0.03%	0.05%	0.03%
	FHB	A	0.01%	0.01%	0.01%
	FHN	A	0.02%	0.04%	0.02%
	FI	A	0.22%	0.31%	0.22%
	FICO	B	0.1%	0.03%	0.03%
	FIS	C	0.09%	0.2%	0.09%
	FITB	A	0.06%	0.12%	0.06%
	FIVE	F	0.01%	0.0%	0.0%
	FLO	D	0.01%	0.02%	0.01%
	FLS	B	0.01%	0.03%	0.01%
	FMC	D	0.01%	0.03%	0.01%
	FNB	A	0.01%	0.02%	0.01%
	FND	C	0.02%	0.03%	0.02%
	FNF	B	0.03%	0.06%	0.03%
	FOX	A	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.04%	0.02%
	FR	C	0.01%	0.03%	0.01%
	FRPT	B	0.01%	0.02%	0.01%
	FRT	B	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.08%	0.04%
	FTI	A	0.02%	0.05%	0.02%
	FTNT	C	0.11%	0.04%	0.04%
	FTRE	D	0.0%	0.01%	0.0%
	FTV	C	0.05%	0.1%	0.05%
	FYBR	D	0.02%	0.04%	0.02%
	G	B	0.02%	0.03%	0.02%
	GAP	C	0.01%	0.02%	0.01%
	GD	F	0.14%	0.32%	0.14%
	GE	D	0.36%	0.59%	0.36%
	GEHC	F	0.07%	0.14%	0.07%
	GEN	B	0.03%	0.06%	0.03%
	GEV	B	0.17%	0.33%	0.17%
	GFS	C	0.01%	0.01%	0.01%
	GGG	B	0.03%	0.05%	0.03%
	GILD	C	0.2%	0.44%	0.2%
	GIS	D	0.07%	0.15%	0.07%
	GL	B	0.02%	0.04%	0.02%
	GLOB	B	0.02%	0.01%	0.01%
	GLPI	C	0.02%	0.05%	0.02%
	GLW	B	0.07%	0.15%	0.07%
	GM	B	0.12%	0.23%	0.12%
	GME	C	0.02%	0.03%	0.02%
	GMED	A	0.02%	0.03%	0.02%
	GNRC	B	0.02%	0.02%	0.02%
	GNTX	C	0.01%	0.03%	0.01%
	GO	C	0.0%	0.01%	0.0%
	GPC	D	0.03%	0.06%	0.03%
	GPK	C	0.02%	0.03%	0.02%
	GPN	B	0.06%	0.11%	0.06%
	GRMN	B	0.06%	0.12%	0.06%
	GS	A	0.35%	0.48%	0.35%
	GTES	A	0.01%	0.02%	0.01%
	GWRE	A	0.03%	0.03%	0.03%
	GWW	B	0.09%	0.02%	0.02%
	GXO	B	0.01%	0.03%	0.01%
	H	B	0.01%	0.02%	0.01%
	HAL	C	0.05%	0.1%	0.05%
	HAS	D	0.02%	0.0%	0.0%
	HAYW	B	0.0%	0.01%	0.0%
	HBAN	A	0.05%	0.09%	0.05%
	HCA	F	0.12%	0.2%	0.12%
	HCP	B	0.01%	0.0%	0.0%
	HD	A	0.75%	0.32%	0.32%
	HES	B	0.08%	0.05%	0.05%
	HHH	B	0.0%	0.01%	0.0%
	HIG	B	0.06%	0.13%	0.06%
	HII	D	0.01%	0.03%	0.01%
	HIW	D	0.01%	0.01%	0.01%
	HLI	B	0.02%	0.03%	0.02%
	HLT	A	0.11%	0.11%	0.11%
	HOG	D	0.01%	0.02%	0.01%
	HOLX	D	0.03%	0.07%	0.03%
	HON	B	0.28%	0.45%	0.28%
	HOOD	B	0.04%	0.06%	0.04%
	HPE	B	0.05%	0.1%	0.05%
	HPQ	B	0.07%	0.11%	0.07%
	HRB	D	0.02%	0.03%	0.02%
	HRL	D	0.02%	0.04%	0.02%
	HSIC	B	0.02%	0.04%	0.02%
	HST	C	0.02%	0.05%	0.02%
	HSY	F	0.05%	0.09%	0.05%
	HUBB	B	0.04%	0.09%	0.04%
	HUM	C	0.06%	0.12%	0.06%
	HUN	F	0.01%	0.01%	0.01%
	HWM	A	0.08%	0.15%	0.08%
	HXL	D	0.01%	0.02%	0.01%
	IAC	D	0.01%	0.01%	0.01%
	IBKR	A	0.03%	0.06%	0.03%
	IBM	C	0.35%	0.76%	0.35%
	ICE	C	0.16%	0.35%	0.16%
	IDA	A	0.01%	0.02%	0.01%
	IEX	B	0.03%	0.07%	0.03%
	IFF	D	0.04%	0.1%	0.04%
	ILMN	D	0.04%	0.09%	0.04%
	INCY	C	0.02%	0.04%	0.02%
	INFA	D	0.0%	0.01%	0.0%
	INGR	B	0.02%	0.03%	0.02%
	INTC	D	0.19%	0.37%	0.19%
	INVH	D	0.04%	0.08%	0.04%
	IONS	F	0.01%	0.0%	0.0%
	IP	B	0.04%	0.08%	0.04%
	IPG	D	0.02%	0.04%	0.02%
	IPGP	D	0.0%	0.01%	0.0%
	IQV	D	0.06%	0.13%	0.06%
	IR	B	0.08%	0.15%	0.08%
	IRDM	D	0.01%	0.01%	0.01%
	IRM	D	0.06%	0.06%	0.06%
	ITT	A	0.02%	0.05%	0.02%
	ITW	B	0.15%	0.19%	0.15%
	IVZ	B	0.01%	0.03%	0.01%
	J	F	0.03%	0.07%	0.03%
	JAZZ	B	0.01%	0.03%	0.01%
	JBHT	C	0.03%	0.06%	0.03%
	JBL	B	0.03%	0.05%	0.03%
	JCI	C	0.1%	0.17%	0.1%
	JEF	A	0.02%	0.03%	0.02%
	JHG	A	0.01%	0.02%	0.01%
	JKHY	D	0.02%	0.05%	0.02%
	JLL	D	0.02%	0.04%	0.02%
	JNJ	D	0.69%	1.54%	0.69%
	JNPR	F	0.02%	0.05%	0.02%
	JPM	A	1.3%	2.55%	1.3%
	JWN	C	0.0%	0.01%	0.0%
	K	A	0.04%	0.08%	0.04%
	KBR	F	0.01%	0.03%	0.01%
	KD	B	0.01%	0.02%	0.01%
	KDP	D	0.07%	0.15%	0.07%
	KEX	C	0.01%	0.03%	0.01%
	KEY	B	0.03%	0.06%	0.03%
	KEYS	A	0.05%	0.1%	0.05%
	KHC	F	0.05%	0.12%	0.05%
	KIM	A	0.03%	0.06%	0.03%
	KKR	A	0.19%	0.27%	0.19%
	KMB	D	0.08%	0.11%	0.08%
	KMI	A	0.1%	0.19%	0.1%
	KMPR	B	0.01%	0.02%	0.01%
	KMX	B	0.02%	0.04%	0.02%
	KNX	B	0.02%	0.03%	0.02%
	KO	D	0.44%	0.43%	0.43%
	KR	B	0.07%	0.15%	0.07%
	KRC	C	0.01%	0.02%	0.01%
	KSS	F	0.0%	0.01%	0.0%
	KVUE	A	0.08%	0.18%	0.08%
	L	A	0.03%	0.06%	0.03%
	LAD	A	0.02%	0.04%	0.02%
	LAMR	D	0.02%	0.03%	0.02%
	LBRDA	C	0.0%	0.0%	0.0%
	LBRDK	C	0.02%	0.03%	0.02%
	LCID	F	0.0%	0.01%	0.0%
	LDOS	C	0.04%	0.1%	0.04%
	LEA	D	0.01%	0.02%	0.01%
	LECO	B	0.02%	0.03%	0.02%
	LEG	F	0.0%	0.01%	0.0%
	LEN	D	0.07%	0.01%	0.01%
	LEN	D	0.0%	0.01%	0.0%
	LEN	D	0.0%	0.16%	0.0%
	LEN	D	0.07%	0.16%	0.07%
	LFUS	F	0.01%	0.02%	0.01%
	LH	C	0.04%	0.08%	0.04%
	LHX	C	0.09%	0.19%	0.09%
	LIN	D	0.4%	0.88%	0.4%
	LITE	B	0.01%	0.02%	0.01%
	LKQ	D	0.02%	0.04%	0.02%
	LMT	D	0.21%	0.32%	0.21%
	LNC	B	0.01%	0.02%	0.01%
	LNG	B	0.09%	0.09%	0.09%
	LNT	A	0.03%	0.06%	0.03%
	LOPE	B	0.01%	0.01%	0.01%
	LOW	D	0.28%	0.6%	0.28%
	LPX	B	0.01%	0.01%	0.01%
	LSCC	D	0.01%	0.0%	0.0%
	LSTR	D	0.01%	0.03%	0.01%
	LUV	C	0.04%	0.07%	0.04%
	LW	C	0.02%	0.03%	0.02%
	LYB	F	0.04%	0.09%	0.04%
	LYFT	C	0.01%	0.01%	0.01%
	M	D	0.01%	0.02%	0.01%
	MAA	B	0.03%	0.07%	0.03%
	MAN	D	0.01%	0.01%	0.01%
	MAR	B	0.12%	0.24%	0.12%
	MAS	D	0.03%	0.07%	0.03%
	MASI	A	0.01%	0.01%	0.01%
	MAT	D	0.01%	0.03%	0.01%
	MCD	D	0.39%	0.79%	0.39%
	MCHP	D	0.06%	0.16%	0.06%
	MCK	B	0.15%	0.15%	0.15%
	MDLZ	F	0.16%	0.37%	0.16%
	MDT	D	0.21%	0.46%	0.21%
	MDU	D	0.01%	0.02%	0.01%
	MET	A	0.09%	0.18%	0.09%
	MGM	D	0.02%	0.03%	0.02%
	MHK	D	0.01%	0.03%	0.01%
	MIDD	C	0.01%	0.03%	0.01%
	MKC	D	0.03%	0.08%	0.03%
	MKL	A	0.04%	0.06%	0.04%
	MKSI	C	0.01%	0.03%	0.01%
	MKTX	D	0.02%	0.04%	0.02%
	MLM	B	0.07%	0.14%	0.07%
	MMC	B	0.2%	0.37%	0.2%
	MMM	D	0.13%	0.23%	0.13%
	MNST	C	0.07%	0.03%	0.03%
	MO	A	0.18%	0.37%	0.18%
	MOH	F	0.03%	0.03%	0.03%
	MOS	F	0.02%	0.03%	0.02%
	MP	B	0.0%	0.01%	0.0%
	MPC	D	0.1%	0.21%	0.1%
	MPW	F	0.0%	0.01%	0.0%
	MRNA	F	0.02%	0.07%	0.02%
	MRO	B	0.03%	0.06%	0.03%
	MRVL	B	0.14%	0.25%	0.14%
	MS	A	0.29%	0.51%	0.29%
	MSA	D	0.01%	0.02%	0.01%
	MSCI	C	0.08%	0.07%	0.07%
	MSGS	A	0.01%	0.02%	0.01%
	MSI	B	0.15%	0.16%	0.15%
	MSM	C	0.01%	0.01%	0.01%
	MSTR	C	0.1%	0.14%	0.1%
	MTB	A	0.07%	0.13%	0.07%
	MTCH	D	0.01%	0.04%	0.01%
	MTD	D	0.05%	0.11%	0.05%
	MTDR	B	0.01%	0.02%	0.01%
	MTG	C	0.01%	0.03%	0.01%
	MTN	C	0.01%	0.0%	0.0%
	MTSI	B	0.01%	0.03%	0.01%
	MTZ	B	0.02%	0.03%	0.02%
	MU	D	0.2%	0.44%	0.2%
	NCNO	B	0.01%	0.0%	0.0%
	NDAQ	A	0.06%	0.12%	0.06%
	NDSN	B	0.03%	0.06%	0.03%
	NEE	D	0.29%	0.65%	0.29%
	NEM	D	0.09%	0.21%	0.09%
	NEU	C	0.01%	0.01%	0.01%
	NFE	D	0.0%	0.0%	0.0%
	NFG	A	0.01%	0.02%	0.01%
	NI	A	0.03%	0.06%	0.03%
	NKE	D	0.17%	0.14%	0.14%
	NNN	D	0.01%	0.03%	0.01%
	NOC	D	0.13%	0.28%	0.13%
	NOV	C	0.01%	0.02%	0.01%
	NRG	B	0.04%	0.04%	0.04%
	NSA	D	0.01%	0.01%	0.01%
	NSC	B	0.11%	0.23%	0.11%
	NTAP	C	0.04%	0.05%	0.04%
	NTNX	A	0.03%	0.04%	0.03%
	NTRS	A	0.04%	0.08%	0.04%
	NUE	C	0.06%	0.14%	0.06%
	NVR	D	0.05%	0.1%	0.05%
	NVST	B	0.01%	0.01%	0.01%
	NVT	B	0.02%	0.05%	0.02%
	NWL	B	0.01%	0.01%	0.01%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.02%	0.04%	0.02%
	NXST	C	0.01%	0.01%	0.01%
	NYT	C	0.02%	0.04%	0.02%
	O	D	0.09%	0.21%	0.09%
	OC	A	0.03%	0.06%	0.03%
	OGE	B	0.02%	0.03%	0.02%
	OGN	D	0.01%	0.02%	0.01%
	OHI	C	0.02%	0.04%	0.02%
	OKE	A	0.12%	0.23%	0.12%
	OKTA	C	0.02%	0.03%	0.02%
	OLED	D	0.01%	0.02%	0.01%
	OLLI	D	0.01%	0.02%	0.01%
	OLN	D	0.01%	0.02%	0.01%
	OMC	C	0.03%	0.08%	0.03%
	OMF	A	0.01%	0.02%	0.01%
	ON	D	0.05%	0.12%	0.05%
	ONTO	D	0.01%	0.03%	0.01%
	ORI	A	0.02%	0.03%	0.02%
	ORLY	B	0.13%	0.02%	0.02%
	OSK	B	0.01%	0.03%	0.01%
	OTIS	C	0.07%	0.16%	0.07%
	OVV	B	0.02%	0.04%	0.02%
	OXY	D	0.06%	0.13%	0.06%
	OZK	B	0.01%	0.02%	0.01%
	PAG	B	0.01%	0.01%	0.01%
	PARA	C	0.01%	0.03%	0.01%
	PATH	C	0.01%	0.0%	0.0%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.08%	0.11%	0.08%
	PB	A	0.01%	0.03%	0.01%
	PCAR	B	0.11%	0.21%	0.11%
	PCG	A	0.08%	0.17%	0.08%
	PEG	A	0.08%	0.18%	0.08%
	PENN	C	0.01%	0.01%	0.01%
	PEP	F	0.4%	0.19%	0.19%
	PFE	D	0.26%	0.64%	0.26%
	PFG	D	0.04%	0.08%	0.04%
	PFGC	B	0.02%	0.04%	0.02%
	PG	A	0.74%	1.21%	0.74%
	PGR	A	0.28%	0.09%	0.09%
	PH	A	0.17%	0.32%	0.17%
	PHM	D	0.05%	0.11%	0.05%
	PII	D	0.01%	0.01%	0.01%
	PINC	B	0.0%	0.01%	0.0%
	PK	B	0.01%	0.01%	0.01%
	PKG	A	0.04%	0.08%	0.04%
	PLD	D	0.19%	0.42%	0.19%
	PLNT	A	0.02%	0.01%	0.01%
	PLTK	B	0.0%	0.0%	0.0%
	PM	B	0.37%	0.83%	0.37%
	PNC	B	0.15%	0.3%	0.15%
	PNFP	B	0.02%	0.03%	0.02%
	PNR	A	0.03%	0.07%	0.03%
	PNW	B	0.02%	0.04%	0.02%
	POST	C	0.01%	0.02%	0.01%
	PPC	C	0.0%	0.01%	0.0%
	PPG	F	0.05%	0.12%	0.05%
	PPL	B	0.05%	0.1%	0.05%
	PR	B	0.02%	0.03%	0.02%
	PRGO	B	0.01%	0.01%	0.01%
	PRI	A	0.02%	0.04%	0.02%
	PRU	A	0.08%	0.18%	0.08%
	PSA	D	0.1%	0.18%	0.1%
	PSN	D	0.01%	0.02%	0.01%
	PSTG	D	0.03%	0.01%	0.01%
	PSX	C	0.1%	0.2%	0.1%
	PTC	A	0.04%	0.03%	0.03%
	PVH	C	0.01%	0.02%	0.01%
	PWR	A	0.09%	0.12%	0.09%
	PYCR	C	0.0%	0.0%	0.0%
	PYPL	B	0.16%	0.32%	0.16%
	QCOM	F	0.33%	0.05%	0.05%
	QRVO	F	0.01%	0.03%	0.01%
	QS	F	0.0%	0.01%	0.0%
	R	B	0.01%	0.02%	0.01%
	RBC	A	0.02%	0.03%	0.02%
	RCL	A	0.1%	0.13%	0.1%
	RCM	F	0.0%	0.01%	0.0%
	REG	B	0.03%	0.05%	0.03%
	REGN	F	0.15%	0.32%	0.15%
	REXR	F	0.02%	0.04%	0.02%
	REYN	D	0.0%	0.01%	0.0%
	RF	A	0.04%	0.09%	0.04%
	RGA	A	0.03%	0.06%	0.03%
	RGEN	D	0.01%	0.03%	0.01%
	RGLD	C	0.02%	0.04%	0.02%
	RH	B	0.01%	0.02%	0.01%
	RHI	B	0.01%	0.03%	0.01%
	RIVN	F	0.02%	0.03%	0.02%
	RJF	A	0.06%	0.11%	0.06%
	RKT	F	0.0%	0.01%	0.0%
	RL	B	0.02%	0.03%	0.02%
	RLI	B	0.01%	0.02%	0.01%
	RMD	C	0.06%	0.1%	0.06%
	RNR	C	0.02%	0.05%	0.02%
	ROIV	C	0.01%	0.02%	0.01%
	ROK	B	0.06%	0.11%	0.06%
	ROKU	D	0.02%	0.03%	0.02%
	ROP	B	0.11%	0.23%	0.11%
	ROST	C	0.09%	0.14%	0.09%
	RPM	A	0.03%	0.05%	0.03%
	RPRX	D	0.02%	0.04%	0.02%
	RRC	B	0.01%	0.03%	0.01%
	RRX	B	0.02%	0.04%	0.02%
	RS	B	0.03%	0.07%	0.03%
	RSG	A	0.08%	0.16%	0.08%
	RTX	C	0.29%	0.64%	0.29%
	RVTY	F	0.02%	0.06%	0.02%
	RYN	D	0.01%	0.02%	0.01%
	S	B	0.01%	0.02%	0.01%
	SAIA	B	0.03%	0.02%	0.02%
	SAIC	F	0.01%	0.03%	0.01%
	SAM	C	0.01%	0.01%	0.01%
	SBAC	D	0.04%	0.1%	0.04%
	SBUX	A	0.21%	0.1%	0.1%
	SCHW	B	0.22%	0.38%	0.22%
	SCI	B	0.02%	0.05%	0.02%
	SEB	F	0.0%	0.0%	0.0%
	SEE	C	0.01%	0.02%	0.01%
	SEG	B	0.0%	0.0%	0.0%
	SEIC	B	0.02%	0.03%	0.02%
	SF	B	0.02%	0.04%	0.02%
	SHC	F	0.0%	0.01%	0.0%
	SHW	A	0.16%	0.03%	0.03%
	SIRI	C	0.01%	0.03%	0.01%
	SITE	D	0.01%	0.02%	0.01%
	SJM	D	0.02%	0.05%	0.02%
	SKX	D	0.01%	0.03%	0.01%
	SLB	C	0.11%	0.23%	0.11%
	SLGN	A	0.01%	0.02%	0.01%
	SLM	A	0.01%	0.02%	0.01%
	SMG	D	0.01%	0.01%	0.01%
	SN	D	0.01%	0.02%	0.01%
	SNA	A	0.03%	0.07%	0.03%
	SNDR	B	0.0%	0.01%	0.0%
	SNV	B	0.01%	0.03%	0.01%
	SNX	C	0.02%	0.03%	0.02%
	SO	D	0.18%	0.4%	0.18%
	SOFI	A	0.03%	0.04%	0.03%
	SOLV	C	0.02%	0.04%	0.02%
	SON	D	0.01%	0.02%	0.01%
	SPB	C	0.0%	0.01%	0.0%
	SPG	B	0.11%	0.16%	0.11%
	SPGI	C	0.29%	0.6%	0.29%
	SPR	D	0.01%	0.01%	0.01%
	SQ	B	0.09%	0.09%	0.09%
	SRE	A	0.11%	0.21%	0.11%
	SSD	D	0.01%	0.03%	0.01%
	SSNC	B	0.03%	0.06%	0.03%
	ST	F	0.01%	0.02%	0.01%
	STAG	F	0.01%	0.03%	0.01%
	STE	F	0.04%	0.09%	0.04%
	STLD	B	0.04%	0.08%	0.04%
	STT	A	0.05%	0.11%	0.05%
	STWD	C	0.01%	0.02%	0.01%
	STZ	D	0.07%	0.15%	0.07%
	SUI	D	0.03%	0.07%	0.03%
	SW	A	0.05%	0.11%	0.05%
	SWK	D	0.02%	0.06%	0.02%
	SWKS	F	0.02%	0.06%	0.02%
	SYF	B	0.05%	0.09%	0.05%
	SYK	C	0.26%	0.36%	0.26%
	SYY	B	0.07%	0.06%	0.06%
	T	A	0.3%	0.65%	0.3%
	TAP	C	0.02%	0.04%	0.02%
	TDG	D	0.13%	0.23%	0.13%
	TDY	B	0.04%	0.08%	0.04%
	TECH	D	0.02%	0.05%	0.02%
	TER	D	0.03%	0.01%	0.01%
	TFC	A	0.11%	0.23%	0.11%
	TFSL	A	0.0%	0.0%	0.0%
	TFX	F	0.02%	0.04%	0.02%
	TGT	F	0.13%	0.28%	0.13%
	THC	D	0.03%	0.06%	0.03%
	THG	A	0.01%	0.02%	0.01%
	THO	B	0.01%	0.02%	0.01%
	TJX	A	0.25%	0.21%	0.21%
	TKO	B	0.02%	0.03%	0.02%
	TKR	D	0.01%	0.02%	0.01%
	TMO	F	0.36%	0.84%	0.36%
	TMUS	B	0.21%	0.43%	0.21%
	TNL	A	0.01%	0.01%	0.01%
	TOL	B	0.03%	0.06%	0.03%
	TPG	A	0.01%	0.02%	0.01%
	TPR	B	0.02%	0.04%	0.02%
	TRIP	F	0.0%	0.01%	0.0%
	TRMB	B	0.03%	0.06%	0.03%
	TROW	B	0.05%	0.1%	0.05%
	TRU	D	0.03%	0.07%	0.03%
	TRV	B	0.11%	0.22%	0.11%
	TSN	B	0.03%	0.07%	0.03%
	TT	A	0.17%	0.22%	0.17%
	TTC	D	0.02%	0.03%	0.02%
	TTEK	F	0.02%	0.04%	0.02%
	TTWO	A	0.06%	0.11%	0.06%
	TW	A	0.03%	0.04%	0.03%
	TWLO	A	0.03%	0.04%	0.03%
	TXG	F	0.0%	0.0%	0.0%
	TXN	C	0.34%	0.65%	0.34%
	TXT	D	0.03%	0.06%	0.03%
	TYL	B	0.05%	0.02%	0.02%
	U	C	0.01%	0.01%	0.01%
	UA	C	0.0%	0.01%	0.0%
	UAA	C	0.0%	0.01%	0.0%
	UAL	A	0.05%	0.1%	0.05%
	UDR	B	0.03%	0.06%	0.03%
	UGI	A	0.01%	0.02%	0.01%
	UHAL	D	0.01%	0.02%	0.01%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.0%	0.02%	0.0%
	UHS	D	0.02%	0.05%	0.02%
	UI	A	0.0%	0.0%	0.0%
	ULTA	F	0.03%	0.01%	0.01%
	UNH	C	1.01%	1.94%	1.01%
	UNM	A	0.02%	0.05%	0.02%
	UNP	C	0.27%	0.3%	0.27%
	UPS	C	0.18%	0.39%	0.18%
	URI	B	0.1%	0.16%	0.1%
	USB	A	0.14%	0.3%	0.14%
	USFD	A	0.03%	0.06%	0.03%
	UTHR	C	0.03%	0.07%	0.03%
	UWMC	D	0.0%	0.0%	0.0%
	VAC	B	0.01%	0.01%	0.01%
	VFC	C	0.01%	0.03%	0.01%
	VICI	C	0.06%	0.13%	0.06%
	VIRT	B	0.01%	0.01%	0.01%
	VLO	C	0.08%	0.17%	0.08%
	VLTO	D	0.05%	0.06%	0.05%
	VMC	B	0.07%	0.11%	0.07%
	VMI	B	0.01%	0.02%	0.01%
	VNO	B	0.01%	0.03%	0.01%
	VNT	B	0.01%	0.02%	0.01%
	VOYA	B	0.02%	0.03%	0.02%
	VRSN	F	0.03%	0.06%	0.03%
	VRTX	F	0.22%	0.25%	0.22%
	VSTS	C	0.0%	0.01%	0.0%
	VTR	C	0.05%	0.11%	0.05%
	VTRS	A	0.03%	0.06%	0.03%
	VZ	C	0.32%	0.71%	0.32%
	W	F	0.01%	0.02%	0.01%
	WAB	B	0.06%	0.13%	0.06%
	WAL	B	0.02%	0.04%	0.02%
	WAT	B	0.04%	0.03%	0.03%
	WBA	F	0.01%	0.03%	0.01%
	WBD	C	0.04%	0.08%	0.04%
	WBS	A	0.02%	0.04%	0.02%
	WCC	B	0.02%	0.03%	0.02%
	WDC	D	0.04%	0.09%	0.04%
	WEC	A	0.06%	0.12%	0.06%
	WELL	A	0.15%	0.33%	0.15%
	WEN	D	0.01%	0.01%	0.01%
	WEX	D	0.01%	0.03%	0.01%
	WFC	A	0.48%	0.91%	0.48%
	WH	B	0.01%	0.02%	0.01%
	WHR	B	0.01%	0.02%	0.01%
	WLK	D	0.01%	0.02%	0.01%
	WMB	A	0.13%	0.25%	0.13%
	WMS	D	0.02%	0.03%	0.02%
	WMT	A	0.68%	1.42%	0.68%
	WOLF	F	0.0%	0.01%	0.0%
	WPC	D	0.02%	0.05%	0.02%
	WRB	A	0.03%	0.07%	0.03%
	WSC	D	0.01%	0.02%	0.01%
	WSM	B	0.03%	0.03%	0.03%
	WSO	A	0.03%	0.07%	0.03%
	WST	C	0.04%	0.04%	0.04%
	WTFC	A	0.02%	0.03%	0.02%
	WTM	A	0.01%	0.02%	0.01%
	WTRG	B	0.02%	0.04%	0.02%
	WTW	B	0.06%	0.12%	0.06%
	WU	D	0.01%	0.01%	0.01%
	WWD	B	0.02%	0.04%	0.02%
	WY	D	0.04%	0.09%	0.04%
	WYNN	D	0.02%	0.04%	0.02%
	X	C	0.01%	0.03%	0.01%
	XEL	A	0.07%	0.15%	0.07%
	XOM	B	0.99%	2.1%	0.99%
	XRAY	F	0.01%	0.02%	0.01%
	XYL	D	0.05%	0.12%	0.05%
	YETI	C	0.01%	0.01%	0.01%
	YUM	B	0.07%	0.09%	0.07%
	Z	A	0.02%	0.03%	0.02%
	ZBH	C	0.04%	0.09%	0.04%
	ZBRA	B	0.04%	0.06%	0.04%
	ZG	A	0.01%	0.02%	0.01%
	ZI	D	0.01%	0.01%	0.01%
	ZION	B	0.02%	0.03%	0.02%
	ZM	B	0.04%	0.08%	0.04%
	ZTS	D	0.15%	0.06%	0.06%

IWB Overweight 164 Positions Relative to VONV

	Symbol	Grade	Weight
	NVDA	C	6.14%
	AAPL	C	6.04%
	MSFT	F	5.7%
	AMZN	C	3.48%
	META	D	2.24%
	GOOGL	C	1.87%
	TSLA	B	1.65%
	GOOG	C	1.58%
	AVGO	D	1.38%
	LLY	F	1.1%
	V	A	0.9%
	MA	C	0.8%
	COST	B	0.74%
	NFLX	A	0.65%
	ORCL	B	0.53%
	MRK	F	0.45%
	ADBE	C	0.41%
	NOW	A	0.38%
	INTU	C	0.35%
	ISRG	A	0.34%
	UBER	D	0.27%
	BX	A	0.24%
	PLTR	B	0.24%
	PANW	C	0.22%
	ANET	C	0.18%
	LRCX	F	0.17%
	AMT	D	0.17%
	WM	A	0.16%
	CDNS	B	0.15%
	SNPS	B	0.15%
	CMG	B	0.15%
	KLAC	D	0.15%
	MCO	B	0.14%
	APP	B	0.14%
	CRWD	B	0.14%
	ADSK	A	0.12%
	CRH	A	0.12%
	ABNB	C	0.11%
	TTD	B	0.1%
	WDAY	B	0.1%
	VST	B	0.09%
	ODFL	B	0.08%
	TRGP	B	0.08%
	AXON	A	0.08%
	VRT	B	0.08%
	DDOG	A	0.07%
	TEAM	A	0.07%
	LULU	C	0.07%
	IT	C	0.07%
	SNOW	C	0.07%
	COR	B	0.07%
	VRSK	A	0.07%
	FERG	B	0.07%
	DXCM	D	0.06%
	ARES	A	0.06%
	VEEV	C	0.06%
	HUBS	A	0.06%
	IDXX	F	0.06%
	CPAY	A	0.05%
	TPL	A	0.05%
	RBLX	C	0.05%
	GDDY	A	0.05%
	DECK	A	0.05%
	MPWR	F	0.05%
	NET	B	0.05%
	CPNG	D	0.05%
	TSCO	D	0.05%
	BAH	F	0.04%
	COO	D	0.04%
	LII	A	0.04%
	MDB	C	0.04%
	LYV	A	0.04%
	CLX	B	0.04%
	EXE	B	0.04%
	EXPE	B	0.04%
	LPLA	A	0.04%
	ROL	B	0.03%
	ENTG	D	0.03%
	DT	C	0.03%
	EQH	B	0.03%
	FIX	A	0.03%
	DOCU	A	0.03%
	NTRA	B	0.03%
	MANH	D	0.03%
	FWONK	B	0.03%
	XPO	B	0.03%
	HEI	B	0.03%
	BURL	A	0.03%
	PINS	D	0.03%
	LVS	C	0.03%
	DKNG	B	0.03%
	PODD	C	0.03%
	TOST	B	0.03%
	ZS	C	0.03%
	LNW	D	0.02%
	ITCI	C	0.02%
	PEN	B	0.02%
	PCTY	B	0.02%
	MORN	B	0.02%
	AAON	B	0.02%
	SMCI	F	0.02%
	TPX	B	0.02%
	WING	D	0.02%
	SRPT	D	0.02%
	CHDN	B	0.02%
	MUSA	A	0.02%
	NLY	C	0.02%
	KNSL	B	0.02%
	CAVA	B	0.02%
	DUOL	A	0.02%
	OWL	A	0.02%
	NCLH	B	0.02%
	NBIX	C	0.02%
	HEI	B	0.02%
	TXRH	C	0.02%
	POOL	C	0.02%
	APLS	D	0.01%
	FIVN	C	0.01%
	ECG	C	0.01%
	TDC	D	0.01%
	LLYVK	A	0.01%
	SNRE	D	0.01%
	RNG	B	0.01%
	AMTM	D	0.01%
	RARE	D	0.01%
	LINE	F	0.01%
	PEGA	A	0.01%
	CELH	F	0.01%
	APPF	B	0.01%
	INSP	D	0.01%
	VNOM	A	0.01%
	VKTX	F	0.01%
	CCCS	B	0.01%
	RITM	C	0.01%
	VVV	F	0.01%
	WFRD	D	0.01%
	LAZ	B	0.01%
	FOUR	B	0.01%
	ELF	C	0.01%
	BSY	D	0.01%
	CFLT	B	0.01%
	AZPN	A	0.01%
	HR	C	0.01%
	ESTC	C	0.01%
	GTLB	B	0.01%
	CART	C	0.01%
	PCOR	B	0.01%
	RYAN	B	0.01%
	TREX	C	0.01%
	SMAR	A	0.01%
	ENPH	F	0.01%
	MEDP	D	0.01%
	DVA	B	0.01%
	PARAA	B	0.0%
	GRAL	C	0.0%
	LOAR	A	0.0%
	AS	B	0.0%
	LLYVA	A	0.0%
	FWONA	B	0.0%
	ALAB	B	0.0%
	QDEL	F	0.0%
	LBTYA	B	0.0%
	LBTYK	A	0.0%
	ADT	C	0.0%

IWB Underweight 6 Positions Relative to VONV

	Symbol	Grade	Weight
	RBA	A	-0.06%
	QGEN	D	-0.04%
	XP	F	-0.03%
	CRBG	B	-0.03%
	SRCL	C	-0.02%
	ADTN	A	-0.01%

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

VONV: Top Represented Industries & Keywords

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

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