IWC vs. SFLO ETF Comparison

Comparison of iShares Microcap ETF (IWC) to VictoryShares Small Cap Free Cash Flow ETF (SFLO)

IWC

iShares Microcap ETF

IWC Description

The investment seeks to track the investment results of an index composed of micro-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 Microcap Index (the "underlying index"), which measures the performance of the microcap sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$135.90

Average Daily Volume

28,490

Number of Holdings ^*

1395

* may have additional holdings in another (foreign) market

SFLO

VictoryShares Small Cap Free Cash Flow ETF

SFLO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the Index and at least 80% of its assets in equity securities with small market capitalizations. The index is designed to deliver exposure to equity securities of U.S. issuers within the Parent Index that have high free cash flow yields.

Grade (RS Rating)

Last Trade

$27.82

Average Daily Volume

37,438

Number of Holdings ^*

188

* may have additional holdings in another (foreign) market

Performance

Period	IWC	SFLO
30 Days	9.64%	2.55%
60 Days	10.87%	7.36%
90 Days	18.74%	8.50%
12 Months	45.20%

62 Overlapping Holdings

Symbol	Grade	Weight in IWC	Weight in SFLO	Overlap
AGX	B	0.45%	1.16%	0.45%
AMPY	C	0.06%	0.07%	0.06%
APEI	B	0.06%	0.2%	0.06%
ATEN	A	0.27%	0.26%	0.26%
AVNW	F	0.04%	0.09%	0.04%
BELFB	B	0.2%	0.2%	0.2%
BOOM	F	0.04%	0.07%	0.04%
BRY	F	0.08%	0.3%	0.08%
BTMD	D	0.04%	0.06%	0.04%
CAL	D	0.24%	0.45%	0.24%
CCRN	F	0.08%	0.3%	0.08%
COLL	F	0.24%	1.05%	0.24%
CWCO	D	0.09%	0.06%	0.06%
DAKT	B	0.13%	0.49%	0.13%
DCGO	C	0.09%	0.1%	0.09%
DGII	B	0.27%	0.14%	0.14%
DSP	B	0.05%	0.08%	0.05%
EGHT	C	0.09%	0.1%	0.09%
EGY	F	0.14%	0.16%	0.14%
EPM	B	0.04%	0.02%	0.02%
FARO	A	0.12%	0.05%	0.05%
FC	D	0.1%	0.09%	0.09%
FF	D	0.04%	0.06%	0.04%
FLXS	C	0.07%	0.04%	0.04%
HAYN	A	0.18%	0.18%	0.18%
HCKT	A	0.18%	0.07%	0.07%
HDSN	F	0.06%	0.08%	0.06%
HSII	B	0.22%	0.25%	0.22%
HY	F	0.14%	0.23%	0.14%
IDT	B	0.18%	0.1%	0.1%
INSG	C	0.04%	0.06%	0.04%
JILL	C	0.03%	0.19%	0.03%
KEQU	D	0.02%	0.02%	0.02%
KRT	A	0.05%	0.05%	0.05%
LEU	C	0.3%	1.11%	0.3%
LQDT	A	0.12%	0.07%	0.07%
LYTS	B	0.13%	0.05%	0.05%
MEC	D	0.05%	0.07%	0.05%
METC	C	0.07%	0.43%	0.07%
MTUS	C	0.16%	0.11%	0.11%
NR	C	0.14%	0.07%	0.07%
NX	C	0.31%	0.45%	0.31%
OSW	A	0.45%	0.3%	0.3%
PANL	D	0.05%	0.03%	0.03%
PBYI	C	0.03%	0.06%	0.03%
PLPC	A	0.08%	0.1%	0.08%
POWW	F	0.03%	0.02%	0.02%
RCKY	F	0.04%	0.06%	0.04%
REI	F	0.05%	0.04%	0.04%
REPX	B	0.09%	0.15%	0.09%
REX	C	0.17%	0.2%	0.17%
RICK	C	0.1%	0.1%	0.1%
SIGA	D	0.08%	0.31%	0.08%
SMLR	B	0.04%	0.26%	0.04%
SPOK	A	0.07%	0.05%	0.05%
TAYD	F	0.03%	0.02%	0.02%
TCMD	B	0.08%	0.1%	0.08%
TWI	D	0.09%	0.17%	0.09%
USAP	B	0.09%	0.15%	0.09%
VIRC	B	0.04%	0.15%	0.04%
WLDN	B	0.13%	0.08%	0.08%
ZEUS	C	0.09%	0.13%	0.09%

IWC Overweight 1333 Positions Relative to SFLO

Symbol	Grade	Weight
CORZ	B	0.7%
SOUN	C	0.49%
SRRK	C	0.46%
WULF	B	0.45%
LBPH	A	0.45%
MNKD	C	0.45%
VSEC	A	0.44%
TARS	B	0.42%
NRIX	B	0.41%
OCUL	C	0.4%
MIRM	B	0.38%
VRDN	C	0.37%
HUT	B	0.37%
HROW	B	0.37%
REVG	B	0.36%
NIC	A	0.35%
PRDO	B	0.35%
TILE	B	0.34%
STEL	B	0.34%
QCRH	A	0.34%
COCO	B	0.33%
TPC	B	0.31%
BLBD	F	0.31%
CRAI	B	0.31%
PRAX	B	0.31%
WVE	B	0.3%
WTTR	B	0.3%
SCSC	B	0.3%
IRON	B	0.3%
GABC	A	0.3%
CIFR	B	0.3%
UMH	C	0.29%
NTST	D	0.29%
QNST	B	0.28%
CDNA	D	0.28%
DCOM	B	0.28%
AMSC	B	0.28%
WINA	B	0.28%
PEBO	B	0.28%
INOD	B	0.27%
BLND	B	0.26%
FBMS	B	0.26%
ICHR	C	0.26%
AORT	C	0.26%
ARLO	D	0.26%
BBSI	A	0.25%
BV	B	0.25%
NN	B	0.25%
FBRT	C	0.25%
BXC	B	0.24%
OBK	B	0.24%
EFC	D	0.24%
ELVN	C	0.24%
CMCO	C	0.24%
AAOI	A	0.24%
GDYN	B	0.24%
BFC	B	0.24%
PFBC	B	0.24%
SXC	B	0.24%
WGS	C	0.23%
APLT	B	0.23%
PFC	B	0.23%
HCI	B	0.23%
CNOB	B	0.23%
LMB	B	0.23%
BZH	D	0.23%
COMM	C	0.23%
TRNS	D	0.23%
SEZL	B	0.23%
VITL	F	0.23%
VTOL	B	0.22%
DCO	C	0.22%
COGT	D	0.22%
BHRB	B	0.22%
ZYME	A	0.22%
DX	D	0.22%
BLFS	B	0.22%
FMBH	B	0.22%
ARR	D	0.22%
THR	D	0.22%
PNTG	D	0.22%
AVBP	B	0.22%
UTL	C	0.22%
BY	B	0.22%
ASPN	F	0.22%
DXPE	B	0.21%
TPB	A	0.21%
APLD	C	0.21%
CTBI	B	0.21%
UVSP	B	0.21%
MDXG	B	0.21%
INDI	C	0.21%
FIP	C	0.21%
ACHR	C	0.21%
IE	C	0.21%
CDRE	F	0.21%
HOV	D	0.21%
VVI	B	0.21%
GLDD	B	0.2%
SPRY	B	0.2%
KNSA	D	0.2%
CSTL	C	0.2%
WNC	C	0.2%
ETNB	D	0.2%
CPF	B	0.19%
DJCO	B	0.19%
ASIX	B	0.19%
CCB	B	0.19%
YEXT	B	0.19%
UTI	B	0.19%
CGEM	F	0.19%
PLYM	F	0.19%
MLR	B	0.19%
EOLS	F	0.18%
REPL	B	0.18%
KOP	D	0.18%
MBWM	B	0.18%
CDMO	B	0.18%
CRGX	C	0.18%
HBNC	B	0.18%
CFB	B	0.18%
NBBK	A	0.18%
HSTM	A	0.18%
OSBC	A	0.18%
GCI	C	0.18%
FCBC	B	0.18%
ROOT	C	0.17%
AMTB	B	0.17%
CECO	D	0.17%
GNK	D	0.17%
HAFC	B	0.17%
ORRF	B	0.17%
IBCP	B	0.17%
NBN	B	0.16%
TRML	C	0.16%
ETD	D	0.16%
IMNM	F	0.16%
BJRI	B	0.16%
ADPT	B	0.16%
SCVL	D	0.16%
ML	B	0.16%
MAGN	F	0.16%
PGY	D	0.16%
GOOD	B	0.16%
NTGR	B	0.16%
EU	F	0.16%
AVXL	B	0.16%
ANNX	C	0.16%
CAC	B	0.16%
DNTH	C	0.16%
NGNE	D	0.16%
HZO	D	0.16%
BASE	C	0.16%
WSR	A	0.16%
BFST	B	0.16%
AOSL	F	0.15%
CBL	B	0.15%
ORIC	C	0.15%
RBCAA	B	0.15%
LAB	C	0.15%
HTBK	B	0.15%
MCBS	B	0.15%
ADTN	B	0.15%
RYAM	B	0.15%
LQDA	C	0.15%
ARIS	B	0.15%
CRMD	B	0.15%
SPTN	F	0.15%
AMAL	B	0.15%
NAT	F	0.15%
GDEN	C	0.15%
OFIX	B	0.15%
MCB	A	0.15%
WASH	A	0.15%
CEVA	B	0.15%
TRST	B	0.15%
OSPN	B	0.15%
IMXI	B	0.15%
EQBK	B	0.15%
EYPT	D	0.14%
PGC	B	0.14%
SWBI	C	0.14%
CASS	B	0.14%
MNMD	C	0.14%
NRDS	C	0.14%
SMBC	B	0.14%
EBS	C	0.14%
SIBN	C	0.14%
AXGN	C	0.13%
FPI	B	0.13%
QTRX	C	0.13%
KRUS	C	0.13%
AROW	B	0.13%
FSBC	B	0.13%
GMRE	F	0.13%
HTBI	B	0.13%
ALT	C	0.13%
MSBI	B	0.13%
ABUS	D	0.13%
UHT	D	0.13%
BHB	B	0.13%
CSV	B	0.13%
GSBC	B	0.13%
TIPT	B	0.13%
WEAV	B	0.13%
ERAS	B	0.13%
AMRK	F	0.13%
IIIN	D	0.13%
HIPO	B	0.13%
CCO	C	0.13%
NVRI	F	0.13%
ORC	D	0.13%
FMNB	B	0.13%
THFF	A	0.13%
ACCO	B	0.13%
IIIV	A	0.13%
EBF	D	0.13%
WLFC	B	0.13%
YMAB	D	0.13%
DHC	F	0.13%
CCNE	B	0.13%
PHAT	F	0.13%
PLOW	D	0.13%
SMBK	B	0.13%
SHBI	A	0.12%
DMRC	C	0.12%
CLMB	B	0.12%
HONE	C	0.12%
PKST	D	0.12%
HUMA	D	0.12%
UFCS	A	0.12%
ALRS	C	0.12%
AURA	B	0.12%
NWPX	B	0.12%
CAPR	C	0.12%
AIOT	B	0.12%
KELYA	F	0.12%
LASR	D	0.12%
KE	C	0.12%
ATRO	F	0.12%
CTLP	B	0.12%
UVE	B	0.12%
ESQ	B	0.12%
RDUS	C	0.12%
MCS	B	0.12%
NUVB	C	0.12%
SRDX	C	0.12%
CCBG	B	0.12%
UIS	B	0.12%
NFBK	B	0.12%
ATXS	D	0.12%
YORW	F	0.12%
CTO	B	0.11%
LWLG	C	0.11%
HIFS	B	0.11%
KIND	C	0.11%
IRMD	B	0.11%
CCSI	B	0.11%
THRY	F	0.11%
SVRA	D	0.11%
URGN	D	0.11%
TK	D	0.11%
PFIS	B	0.11%
TTI	C	0.11%
LMNR	B	0.11%
SPFI	B	0.11%
ALEC	C	0.11%
CVLG	A	0.11%
MOFG	B	0.11%
EVER	D	0.11%
OLP	B	0.11%
BBW	C	0.11%
TREE	D	0.11%
CVGW	B	0.11%
NLOP	B	0.11%
HCAT	C	0.11%
FFIC	B	0.11%
MPB	B	0.11%
BAND	C	0.11%
SLP	D	0.11%
XERS	C	0.11%
PAHC	B	0.11%
FFWM	C	0.11%
LIND	B	0.11%
SHYF	B	0.11%
STOK	C	0.11%
TRDA	B	0.11%
AMBC	C	0.11%
OLMA	F	0.11%
FDMT	F	0.1%
FISI	B	0.1%
CLFD	F	0.1%
GLRE	B	0.1%
DAVE	B	0.1%
FMAO	A	0.1%
OABI	C	0.1%
FUBO	F	0.1%
FRPH	B	0.1%
AMLX	C	0.1%
KIDS	F	0.1%
TERN	D	0.1%
ANAB	F	0.1%
WRLD	C	0.1%
BSRR	B	0.1%
CELC	D	0.1%
LOVE	B	0.1%
SLRN	C	0.1%
ESPR	C	0.1%
SEI	B	0.1%
LINC	B	0.1%
LAND	F	0.1%
KRRO	C	0.1%
MITK	C	0.1%
LENZ	A	0.1%
KALV	F	0.1%
ASPI	B	0.1%
CLDT	B	0.1%
CLW	F	0.1%
MYE	F	0.1%
CARE	B	0.1%
BVS	C	0.1%
NCMI	C	0.1%
AGS	B	0.1%
DHIL	B	0.1%
VERV	C	0.1%
ARCT	F	0.1%
KRNY	B	0.1%
MCFT	B	0.09%
LGTY	A	0.09%
REAL	B	0.09%
EBTC	B	0.09%
ZVRA	C	0.09%
LRMR	C	0.09%
RBBN	B	0.09%
RIGL	B	0.09%
MTW	C	0.09%
ZIMV	F	0.09%
FBIZ	A	0.09%
ACRE	C	0.09%
RVNC	F	0.09%
GLUE	C	0.09%
XPER	D	0.09%
WTBA	B	0.09%
RDVT	B	0.09%
SD	D	0.09%
LXFR	B	0.09%
NPK	C	0.09%
CRVS	C	0.09%
ACNB	B	0.09%
NVEC	B	0.09%
GHM	A	0.09%
HYLN	A	0.09%
AKBA	C	0.09%
NRIM	A	0.09%
BOC	B	0.09%
TALK	B	0.09%
MLYS	C	0.09%
BMRC	B	0.09%
TCBX	B	0.09%
AQST	C	0.09%
RBB	B	0.09%
BCAL	B	0.09%
IVR	D	0.09%
FSBW	B	0.08%
ABSI	D	0.08%
OOMA	B	0.08%
NEWT	B	0.08%
TYRA	F	0.08%
KODK	B	0.08%
TBPH	C	0.08%
LOCO	D	0.08%
VYGR	D	0.08%
UNTY	B	0.08%
HVT	F	0.08%
SFST	B	0.08%
AEHR	F	0.08%
EVLV	F	0.08%
ALNT	C	0.08%
CWBC	B	0.08%
BWMN	C	0.08%
GRNT	B	0.08%
CMPO	C	0.08%
SNBR	D	0.08%
MTRX	B	0.08%
SFIX	C	0.08%
OUST	C	0.08%
TRC	D	0.08%
TRUE	B	0.08%
ULH	B	0.08%
FNKO	D	0.08%
ATEX	F	0.08%
CIVB	B	0.08%
DENN	D	0.08%
HBCP	B	0.08%
MXCT	F	0.08%
CCCC	F	0.08%
ITIC	A	0.08%
TECX	A	0.08%
CNSL	B	0.08%
ODC	D	0.08%
HNST	B	0.08%
ZUMZ	C	0.08%
NECB	A	0.08%
STRO	C	0.08%
PLSE	C	0.08%
MAX	F	0.08%
LUNG	F	0.07%
WOW	B	0.07%
CBAN	B	0.07%
BCML	B	0.07%
CDXS	B	0.07%
RGP	D	0.07%
PRCH	C	0.07%
GNTY	B	0.07%
VLGEA	B	0.07%
SMRT	F	0.07%
MRSN	C	0.07%
HEAR	C	0.07%
SSBK	B	0.07%
COFS	B	0.07%
FLIC	B	0.07%
SAVE	D	0.07%
THRD	B	0.07%
MOV	C	0.07%
BWB	B	0.07%
VNDA	B	0.07%
SENEA	B	0.07%
IPI	B	0.07%
BYRN	B	0.07%
DOMO	C	0.07%
ONEW	C	0.07%
AVAH	C	0.07%
PACK	C	0.07%
TITN	D	0.07%
RCEL	C	0.07%
CLPT	C	0.07%
HBT	B	0.07%
OSUR	D	0.07%
VMD	B	0.07%
CZFS	A	0.07%
JMSB	B	0.07%
CZNC	B	0.07%
LEGH	C	0.07%
NGVC	B	0.07%
PSTL	C	0.07%
GCO	B	0.07%
FNLC	B	0.07%
CDXC	B	0.07%
CERS	D	0.07%
FRBA	C	0.07%
OBT	B	0.07%
INBK	B	0.07%
ACIC	B	0.07%
OIS	C	0.07%
SLQT	D	0.07%
ORN	C	0.06%
ADCT	F	0.06%
MBCN	B	0.06%
AMPS	D	0.06%
RNGR	B	0.06%
CRMT	F	0.06%
DGICA	A	0.06%
JAKK	C	0.06%
SPIR	C	0.06%
BOW	A	0.06%
PKBK	B	0.06%
ILPT	F	0.06%
FRST	B	0.06%
ATLC	B	0.06%
SKYT	D	0.06%
OMER	C	0.06%
RAPP	C	0.06%
TSBK	B	0.06%
XOMA	B	0.06%
PLBC	B	0.06%
TRAK	A	0.06%
PDLB	B	0.06%
MVBF	B	0.06%
ITOS	F	0.06%
ABEO	C	0.06%
PCYO	B	0.06%
NGS	B	0.06%
RZLT	B	0.06%
IHRT	C	0.06%
NATH	B	0.06%
OCGN	F	0.06%
NKTR	C	0.06%
GRPN	C	0.06%
WSBF	B	0.06%
TLS	C	0.06%
TSHA	D	0.06%
RM	D	0.06%
ACCD	F	0.06%
CBNK	B	0.06%
MAMA	C	0.06%
RLGT	B	0.06%
INGN	C	0.06%
RRBI	A	0.06%
HNRG	C	0.06%
REFI	B	0.06%
FDBC	B	0.06%
MGNX	D	0.06%
MGTX	B	0.06%
AVIR	F	0.06%
CPS	B	0.06%
BLZE	D	0.06%
NVTS	F	0.06%
QTTB	C	0.06%
IMMR	D	0.06%
ANGO	B	0.06%
PBPB	C	0.06%
ALDX	D	0.06%
PKE	B	0.06%
LUNR	C	0.06%
PKOH	B	0.06%
JSPR	C	0.06%
VPG	F	0.06%
HRTG	D	0.06%
LYEL	F	0.05%
CRBP	F	0.05%
HOFT	C	0.05%
GPRO	C	0.05%
NATR	C	0.05%
SRI	F	0.05%
MG	D	0.05%
BCBP	A	0.05%
FSTR	C	0.05%
IGMS	D	0.05%
BPRN	B	0.05%
PWOD	A	0.05%
VABK	A	0.05%
CABA	D	0.05%
LSEA	F	0.05%
MBI	C	0.05%
ELMD	B	0.05%
ONIT	B	0.05%
TTSH	B	0.05%
IRBT	F	0.05%
OVLY	B	0.05%
RDW	B	0.05%
ZURA	C	0.05%
BWFG	A	0.05%
MITT	D	0.05%
ARAY	C	0.05%
NXDT	D	0.05%
FUNC	A	0.05%
HMST	D	0.05%
CVRX	C	0.05%
USCB	B	0.05%
CTV	D	0.05%
LFMD	C	0.05%
CTGO	D	0.05%
PLL	C	0.05%
RCAT	A	0.05%
INZY	F	0.05%
CIO	D	0.05%
JRVR	F	0.05%
HRTX	F	0.05%
CFFI	B	0.05%
ALTG	C	0.05%
PSTX	B	0.05%
MED	D	0.05%
WTI	D	0.05%
RGTI	C	0.05%
BRT	C	0.05%
GNE	D	0.05%
ISTR	A	0.05%
PYXS	C	0.05%
LCNB	B	0.05%
NRGV	C	0.05%
BLDE	C	0.05%
ATYR	B	0.05%
FULC	F	0.05%
PESI	C	0.05%
RMAX	C	0.05%
CRBU	D	0.05%
MVIS	F	0.05%
ASUR	C	0.05%
GENC	B	0.05%
PINE	D	0.05%
ENTA	F	0.05%
BLFY	B	0.05%
TCRX	D	0.05%
BMEA	F	0.05%
DCTH	C	0.05%
FVCB	B	0.05%
QUAD	B	0.05%
PCB	B	0.05%
SGC	C	0.05%
ANIK	F	0.05%
BHR	C	0.05%
AEYE	B	0.05%
ONL	D	0.05%
AIP	B	0.05%
LE	B	0.05%
INSE	B	0.05%
TSVT	F	0.05%
ATNI	F	0.05%
TG	C	0.05%
WEYS	B	0.05%
EVBN	B	0.05%
FLWS	C	0.05%
NWFL	B	0.05%
RAIL	C	0.05%
FREY	C	0.05%
GCBC	B	0.05%
CIA	C	0.05%
TBI	D	0.05%
UTMD	C	0.05%
ORGO	C	0.05%
FHTX	B	0.05%
PFMT	C	0.05%
SWIM	D	0.05%
EVC	C	0.04%
LFCR	B	0.04%
HWBK	C	0.04%
EML	F	0.04%
VSTM	C	0.04%
STRS	C	0.04%
XBIT	C	0.04%
BVFL	B	0.04%
INFU	B	0.04%
FFNW	D	0.04%
GWRS	C	0.04%
MDV	C	0.04%
FSFG	A	0.04%
BW	B	0.04%
DXLG	C	0.04%
STHO	F	0.04%
GPMT	C	0.04%
ATLO	D	0.04%
LOGC	B	0.04%
ACHV	D	0.04%
ALMS	D	0.04%
PSNL	C	0.04%
SGMT	C	0.04%
KOD	C	0.04%
NNBR	D	0.04%
ALTI	C	0.04%
BLNK	D	0.04%
DC	D	0.04%
AFCG	F	0.04%
WNEB	B	0.04%
FLL	D	0.04%
ADVM	D	0.04%
JOUT	D	0.04%
BRBS	B	0.04%
CHMG	B	0.04%
ESSA	B	0.04%
LNKB	B	0.04%
GEOS	C	0.04%
GNSS	B	0.04%
MYFW	C	0.04%
SMID	C	0.04%
SEVN	D	0.04%
SMHI	F	0.04%
MHLD	C	0.04%
ARQ	B	0.04%
TRVI	D	0.04%
IBEX	B	0.04%
NKTX	F	0.04%
ETON	B	0.04%
SAMG	A	0.04%
LAW	D	0.04%
MODV	D	0.04%
RSVR	B	0.04%
TBRG	B	0.04%
ACTG	F	0.04%
CDLX	D	0.04%
SLDP	F	0.04%
HBB	F	0.04%
BBAI	C	0.04%
BSVN	A	0.04%
CRD.B	C	0.04%
FCCO	A	0.04%
RELL	B	0.04%
PVBC	B	0.04%
FINW	A	0.04%
MFIN	C	0.04%
BELFA	C	0.04%
CMPX	C	0.04%
NVRO	F	0.04%
ARTV	C	0.04%
VEL	A	0.04%
ACRS	B	0.04%
ASLE	C	0.04%
RXT	B	0.04%
ELDN	C	0.04%
SERA	D	0.04%
DSGN	A	0.04%
NKSH	B	0.04%
ALCO	D	0.04%
INBX	B	0.04%
BARK	D	0.04%
LXEO	F	0.04%
RGCO	B	0.04%
KLTR	A	0.04%
ATOS	C	0.04%
MLP	B	0.04%
FSP	C	0.04%
ONTF	C	0.04%
FORR	D	0.04%
LNZA	F	0.04%
OPBK	B	0.04%
FET	D	0.04%
OB	B	0.04%
EGAN	C	0.03%
ANIX	C	0.03%
GRWG	F	0.03%
SCWO	C	0.03%
OPRX	F	0.03%
ACR	B	0.03%
PDSB	F	0.03%
PPIH	B	0.03%
FCAP	C	0.03%
GBIO	F	0.03%
HNVR	B	0.03%
CFBK	B	0.03%
QUIK	F	0.03%
PTSI	C	0.03%
SBFG	C	0.03%
PETS	C	0.03%
CKPT	B	0.03%
SSTI	D	0.03%
AIRS	B	0.03%
FRGE	F	0.03%
BFIN	B	0.03%
AOMR	D	0.03%
TZOO	B	0.03%
KINS	B	0.03%
ARC	A	0.03%
TIL	D	0.03%
UNB	A	0.03%
AOUT	D	0.03%
III	C	0.03%
SCPH	F	0.03%
UEIC	C	0.03%
ISPR	F	0.03%
SKIN	C	0.03%
KFS	C	0.03%
FXNC	A	0.03%
BCOV	A	0.03%
MRAM	C	0.03%
CRDF	C	0.03%
AMTX	C	0.03%
PHX	C	0.03%
MPAA	C	0.03%
SPCE	D	0.03%
CTRN	D	0.03%
NAUT	F	0.03%
AJX	F	0.03%
ECBK	B	0.03%
OPFI	A	0.03%
MPTI	B	0.03%
EPSN	C	0.03%
PGEN	D	0.03%
QRHC	F	0.03%
ATOM	C	0.03%
FTK	B	0.03%
RMBI	A	0.03%
EBMT	A	0.03%
BSET	C	0.03%
MNSB	D	0.03%
NODK	C	0.03%
JYNT	C	0.03%
CNTY	B	0.03%
PNRG	B	0.03%
PRTH	B	0.03%
NEOV	B	0.03%
CMT	D	0.03%
LTBR	C	0.03%
FNWD	C	0.03%
UBFO	A	0.03%
HLLY	F	0.03%
WHG	B	0.03%
MRBK	B	0.03%
PEBK	B	0.03%
TPIC	F	0.03%
TSQ	F	0.03%
NREF	B	0.03%
CRNC	D	0.03%
BDTX	F	0.03%
PAYS	D	0.03%
SKYH	C	0.03%
TCX	F	0.03%
BH	B	0.03%
NC	C	0.03%
VTYX	F	0.03%
MYO	B	0.03%
TSE	F	0.03%
BBCP	D	0.03%
PBFS	B	0.03%
RMTI	D	0.03%
HURC	C	0.03%
CBFV	B	0.03%
SLDB	F	0.03%
CLAR	D	0.03%
IDR	D	0.03%
EARN	D	0.03%
MYPS	D	0.03%
LCTX	D	0.03%
SNFCA	B	0.03%
PMTS	C	0.03%
ABOS	D	0.03%
LFVN	B	0.03%
FRAF	C	0.03%
TWIN	D	0.03%
ZYXI	C	0.03%
VRA	C	0.03%
QBTS	C	0.03%
APPS	F	0.03%
SMTI	B	0.03%
HFFG	C	0.03%
TNGX	F	0.03%
RCMT	B	0.03%
SEER	B	0.03%
SSP	F	0.03%
CZWI	B	0.03%
LAKE	C	0.03%
DOUG	C	0.03%
CDZI	C	0.03%
AVD	D	0.03%
OBIO	D	0.03%
ESCA	C	0.03%
INO	F	0.03%
SGHT	F	0.03%
EXFY	B	0.03%
LXRX	F	0.03%
STRT	B	0.03%
ESOA	B	0.03%
RNAC	D	0.03%
EHTH	C	0.03%
PAL	F	0.03%
TNYA	D	0.03%
SYRS	C	0.02%
UPLD	C	0.02%
CPHC	C	0.02%
MAPS	F	0.02%
NOTV	D	0.02%
RSSS	D	0.02%
GAIA	B	0.02%
VUZI	F	0.02%
LVO	F	0.02%
TKNO	C	0.02%
STKS	F	0.02%
CRVO	F	0.02%
ANVS	D	0.02%
ACNT	F	0.02%
OPI	F	0.02%
ECOR	B	0.02%
REFR	C	0.02%
HOWL	D	0.02%
OPOF	A	0.02%
IPSC	F	0.02%
NL	C	0.02%
BEEM	F	0.02%
SLS	C	0.02%
STRW	C	0.02%
CXDO	C	0.02%
SND	B	0.02%
AE	B	0.02%
WW	D	0.02%
EEX	D	0.02%
MNOV	C	0.02%
PLCE	C	0.02%
VTSI	C	0.02%
TDUP	D	0.02%
KVHI	D	0.02%
CMTL	F	0.02%
CLPR	C	0.02%
MGYR	A	0.02%
LCUT	F	0.02%
CLRB	D	0.02%
DHX	C	0.02%
IVVD	D	0.02%
ALRN	C	0.02%
DLHC	F	0.02%
BGSF	F	0.02%
PMVP	D	0.02%
BLUE	F	0.02%
OVID	C	0.02%
RLMD	D	0.02%
FNWB	D	0.02%
HQI	C	0.02%
TBNK	B	0.02%
GAN	B	0.02%
GNLX	D	0.02%
AXR	B	0.02%
PEPG	F	0.02%
ULBI	F	0.02%
VOXX	C	0.02%
KLXE	D	0.02%
CLSD	F	0.02%
RRGB	D	0.02%
PROV	A	0.02%
LFT	D	0.02%
AGEN	F	0.02%
INMB	D	0.02%
KOPN	F	0.02%
CUE	C	0.02%
SKLZ	F	0.02%
GUTS	F	0.02%
PDEX	A	0.02%
AKYA	C	0.02%
VTGN	D	0.02%
AXTI	F	0.02%
MASS	F	0.02%
CTMX	F	0.02%
SUNS	B	0.02%
MNTX	C	0.02%
CVGI	F	0.02%
ORMP	F	0.02%
CBUS	D	0.02%
IVAC	F	0.02%
ALOT	D	0.02%
UFI	F	0.02%
RAPT	F	0.02%
TUSK	F	0.02%
ACET	F	0.02%
GIFI	B	0.02%
FEIM	B	0.02%
MPX	B	0.02%
LTRX	F	0.02%
AIRG	A	0.02%
REKR	D	0.02%
SNDA	F	0.02%
KYTX	F	0.02%
CSPI	D	0.02%
GLSI	F	0.02%
BKTI	B	0.02%
INVE	C	0.02%
TTEC	F	0.02%
SFBC	B	0.02%
BCAB	C	0.02%
NNE	C	0.02%
SPWH	F	0.02%
ANRO	F	0.02%
CHRS	F	0.02%
RGLS	D	0.02%
RMBL	D	0.02%
CPSS	C	0.02%
PFIE	A	0.02%
FONR	D	0.02%
VERI	F	0.02%
SACH	F	0.02%
QSI	F	0.02%
SERV	D	0.02%
COYA	C	0.02%
ALTO	D	0.02%
OTLK	C	0.02%
CADL	F	0.02%
EP	C	0.02%
VERU	F	0.02%
SNCR	D	0.02%
CHMI	F	0.02%
LPTX	C	0.02%
AEVA	C	0.02%
SKYE	D	0.02%
AFBI	B	0.02%
ACU	C	0.02%
FRD	D	0.02%
RVSB	C	0.02%
LEE	C	0.02%
NVCT	B	0.02%
VHI	C	0.02%
KPTI	C	0.02%
INTT	C	0.02%
LARK	A	0.02%
NTIC	C	0.02%
SRTS	A	0.02%
RMNI	C	0.02%
CCRD	B	0.02%
DIBS	F	0.02%
NPCE	C	0.02%
STXS	C	0.02%
SBT	D	0.02%
FBLG	C	0.02%
ACRV	C	0.02%
OVBC	B	0.02%
SKYX	C	0.02%
XFOR	F	0.02%
WMPN	A	0.02%
DMAC	C	0.02%
LWAY	C	0.02%
OPRT	C	0.02%
HBIO	F	0.02%
IMUX	F	0.02%
CTNM	B	0.02%
EVI	C	0.02%
SRBK	A	0.02%
CATO	C	0.02%
ALLK	C	0.02%
KRMD	B	0.02%
ISSC	B	0.02%
BKSY	D	0.02%
COOK	D	0.02%
GRYP	D	0.01%
FLNT	C	0.01%
RDI	F	0.01%
ARMP	C	0.01%
BTM	C	0.01%
SABS	D	0.01%
CALC	F	0.01%
FTEK	C	0.01%
POCI	D	0.01%
OCX	D	0.01%
CREX	C	0.01%
MKTW	F	0.01%
XOS	D	0.01%
USGO	C	0.01%
ARL	F	0.01%
SCOR	F	0.01%
BOLD	D	0.01%
RLYB	D	0.01%
SRZN	D	0.01%
DRIO	F	0.01%
SGRP	C	0.01%
BTAI	D	0.01%
ORKA	C	0.01%
FBIO	D	0.01%
SST	D	0.01%
XBP	D	0.01%
LSBK	B	0.01%
VCSA	D	0.01%
DYAI	D	0.01%
CRIS	F	0.01%
BATL	C	0.01%
BNTC	B	0.01%
TOON	D	0.01%
VANI	D	0.01%
MHH	B	0.01%
GEG	D	0.01%
MDBH	F	0.01%
CARM	D	0.01%
HFBL	C	0.01%
CPTN	C	0.01%
AP	D	0.01%
OMGA	F	0.01%
LTRN	F	0.01%
FTHM	F	0.01%
TPCS	D	0.01%
LVLU	C	0.01%
RFL	C	0.01%
BYFC	B	0.01%
FAT	C	0.01%
ISDR	F	0.01%
ALTS	D	0.01%
INTS	F	0.01%
TYGO	F	0.01%
FARM	D	0.01%
XLO	C	0.01%
ZDGE	F	0.01%
CHCI	C	0.01%
RENT	D	0.01%
OWLT	C	0.01%
MRKR	D	0.01%
STCN	F	0.01%
NXTC	C	0.01%
CSBR	D	0.01%
WFCF	C	0.01%
AMPX	C	0.01%
RENB	D	0.01%
OPXS	D	0.01%
USIO	D	0.01%
STIM	F	0.01%
FGEN	D	0.01%
FLUX	F	0.01%
PBBK	D	0.01%
CVM	F	0.01%
BSBK	B	0.01%
SLND	F	0.01%
TVGN	D	0.01%
ELEV	D	0.01%
BAER	C	0.01%
GOEV	F	0.01%
TCBS	A	0.01%
TCI	D	0.01%
SOTK	C	0.01%
PASG	D	0.01%
CODX	F	0.01%
HSON	F	0.01%
AHT	C	0.01%
CELU	C	0.01%
OKUR	C	0.01%
AADI	C	0.01%
UHG	C	0.01%
KRON	F	0.01%
DTC	F	0.01%
NINE	C	0.01%
BWEN	F	0.01%
CENN	D	0.01%
RBKB	B	0.01%
NVNO	F	0.01%
BGFV	F	0.01%
UG	D	0.01%
SSBI	F	0.01%
AVTE	D	0.01%
MAIA	D	0.01%
OPAD	D	0.01%
GANX	D	0.01%
TACT	F	0.01%
PROP	F	0.01%
ELTX	C	0.01%
FORA	F	0.01%
GROV	C	0.01%
RFIL	C	0.01%
SIEB	B	0.01%
DTI	F	0.01%
MGRM	F	0.01%
VALU	B	0.01%
NDLS	F	0.01%
FSEA	C	0.01%
OM	D	0.01%
ELUT	C	0.01%
SVCO	F	0.01%
SPRU	F	0.01%
PXLW	F	0.01%
IMRX	F	0.01%
ELA	A	0.01%
CVU	B	0.01%
SHOT	F	0.01%
CODA	B	0.01%
FKWL	C	0.01%
MCHX	C	0.01%
VOR	C	0.01%
CRWS	F	0.01%
BDSX	F	0.01%
APYX	C	0.01%
ASRV	C	0.01%
DERM	C	0.01%
HYMC	F	0.01%
WRAP	F	0.01%
HHS	F	0.01%
PHUN	D	0.01%
TARA	C	0.01%
CIX	C	0.01%
STTK	F	0.01%
ICCH	B	0.01%
PDYN	C	0.01%
OPHC	B	0.01%
PPSI	C	0.01%
BHM	D	0.01%
PRPL	F	0.01%
CCEL	B	0.01%
SCYX	F	0.01%
VBFC	A	0.01%
CLST	C	0.01%
IZEA	C	0.01%
IKNA	C	0.01%
ESP	C	0.01%
BAFN	B	0.01%
IDN	C	0.01%
VYNE	C	0.01%
OSS	C	0.01%
AUBN	C	0.01%
TELA	C	0.01%
ENZ	C	0.01%
ALXO	F	0.01%
LOAN	B	0.01%
FTLF	C	0.01%
SES	F	0.01%
USAU	C	0.01%
IROQ	B	0.01%
BCOW	B	0.01%
HNNA	B	0.01%
BKKT	D	0.01%
CURV	F	0.01%
MPU	D	0.01%
PRTS	D	0.01%
ABAT	F	0.01%
NHTC	B	0.01%
BEAT	C	0.01%
NSTS	B	0.01%
SCLX	F	0.01%
LUNA	F	0.01%
CURI	D	0.01%
SELF	C	0.01%
GOCO	C	0.01%
ICAD	B	0.01%
DTIL	F	0.01%
DLTH	F	0.01%
GMGI	C	0.01%
CPBI	B	0.01%
SGA	F	0.01%
IPWR	D	0.01%
BOTJ	C	0.01%
PBHC	C	0.01%
MOND	D	0.01%
STEM	F	0.01%
NOTE	F	0.01%
HGBL	D	0.01%
METCB	C	0.01%
OPTN	F	0.01%
SWKH	F	0.01%
UBCP	C	0.01%
ASMB	C	0.01%
MURA	D	0.01%
CDTX	C	0.01%
SUP	F	0.01%
MODD	B	0.01%
ATNM	D	0.01%
LPTH	B	0.01%
APT	F	0.01%
CULP	D	0.01%
KTCC	C	0.01%
HLVX	D	0.01%
NRDY	F	0.01%
GSIT	F	0.01%
FUSB	A	0.01%
SKIL	C	0.01%
VIGL	C	0.01%
GALT	C	0.01%
LNSR	B	0.01%
SPRO	D	0.01%
TLYS	F	0.01%
AUID	D	0.01%
TISI	D	0.01%
ASYS	D	0.01%
QNCX	B	0.01%
SDIG	C	0.01%
FGBI	B	0.01%
BTCS	C	0.0%
AREC	C	0.0%
SOC	B	0.0%
ANEB	F	0.0%
NKGN	F	0.0%
CTCX	F	0.0%
SMXT	C	0.0%
CMCT	F	0.0%
LUXH	F	0.0%
CDT	F	0.0%
BNAI	F	0.0%
SOAR	F	0.0%
HCWB	F	0.0%
OCEA	F	0.0%
SHIM	F	0.0%
CUTR	F	0.0%
KFFB	F	0.0%
ESLA	F	0.0%
INTG	F	0.0%
INKT	C	0.0%
AAME	C	0.0%
AWH	F	0.0%
PODC	D	0.0%
AMIX	F	0.0%
INAB	D	0.0%
GORV	F	0.0%
LINK	D	0.0%
IMMX	D	0.0%
DWSN	B	0.0%
DRCT	D	0.0%
TSBX	D	0.0%
OMEX	F	0.0%
RVP	F	0.0%
BCG	D	0.0%
NSYS	F	0.0%
PSQH	D	0.0%
LIVE	F	0.0%
TOI	F	0.0%
AIRE	F	0.0%
QXO	D	0.0%
SVT	D	0.0%
EQ	F	0.0%
ALUR	D	0.0%
DHAI	F	0.0%
RDZN	F	0.0%
COCH	F	0.0%
MGX	F	0.0%
FGF	F	0.0%
SLNG	B	0.0%
USEG	B	0.0%
PALT	F	0.0%
PRPH	F	0.0%
LYRA	D	0.0%
PET	F	0.0%
VGAS	C	0.0%
UONEK	D	0.0%
CETY	F	0.0%
MDAI	D	0.0%
NEUE	F	0.0%
CMLS	F	0.0%
CYTH	C	0.0%
TLF	C	0.0%
AKA	D	0.0%
AXIL	F	0.0%
CVV	F	0.0%
AIRT	F	0.0%
CMBM	F	0.0%
MAYS	D	0.0%
BRID	F	0.0%
VRCA	F	0.0%
CGTX	D	0.0%
PRLD	F	0.0%
DTST	C	0.0%
LGL	D	0.0%
KPLT	F	0.0%
UNCY	D	0.0%
ANTX	D	0.0%
SYPR	D	0.0%
NCSM	A	0.0%
AEON	F	0.0%
VIVK	C	0.0%
CFSB	D	0.0%
GAME	C	0.0%
TPST	F	0.0%
MRNS	F	0.0%
EVTV	F	0.0%
MSAI	F	0.0%
CXAI	D	0.0%
VTVT	F	0.0%
AWRE	F	0.0%
FEAM	F	0.0%
TELO	F	0.0%
BOLT	D	0.0%
ARKR	F	0.0%
AISP	D	0.0%
ACXP	F	0.0%
MGLD	F	0.0%
BODI	D	0.0%
GLYC	D	0.0%
AERT	F	0.0%
IRIX	F	0.0%
ICCC	D	0.0%
JRSH	A	0.0%
PTN	D	0.0%
NAII	F	0.0%
NTIP	F	0.0%
PNST	F	0.0%
SURG	D	0.0%
RVPH	D	0.0%
XAIR	D	0.0%
GCTS	D	0.0%
ATHA	D	0.0%

IWC Underweight 126 Positions Relative to SFLO

Symbol	Grade	Weight
DDS	C	-1.56%
JAZZ	B	-1.55%
TPR	B	-1.5%
VSTO	A	-1.44%
DBX	B	-1.34%
STNG	F	-1.33%
YOU	C	-1.29%
CALM	A	-1.22%
PCRX	D	-1.21%
INSW	F	-1.21%
SNX	C	-1.19%
MLI	B	-1.18%
TWLO	B	-1.16%
NXST	C	-1.13%
YELP	C	-1.12%
CHRD	F	-1.1%
CRGY	B	-1.08%
RNG	C	-1.04%
CIVI	F	-1.02%
CEIX	B	-0.98%
CRC	B	-0.98%
EXEL	B	-0.96%
TEX	C	-0.95%
WKC	D	-0.94%
MTCH	F	-0.93%
ALSN	B	-0.93%
LPG	F	-0.93%
TMHC	C	-0.91%
SM	C	-0.9%
ARCH	B	-0.9%
UPWK	B	-0.89%
TRIP	D	-0.89%
STRL	B	-0.87%
ZI	C	-0.87%
PR	B	-0.87%
TPH	D	-0.84%
PLAB	C	-0.84%
OVV	C	-0.83%
ALKS	B	-0.83%
ANF	D	-0.81%
ETSY	C	-0.81%
BMBL	C	-0.81%
ANDE	D	-0.79%
DOX	A	-0.79%
CROX	F	-0.77%
NEU	C	-0.77%
CLF	D	-0.77%
CNM	D	-0.77%
MUR	F	-0.74%
CPRX	B	-0.73%
APA	F	-0.73%
LYFT	B	-0.72%
ASC	F	-0.68%
NSP	F	-0.67%
LEA	F	-0.66%
HRB	D	-0.65%
KFY	B	-0.65%
NOG	B	-0.64%
MGY	B	-0.64%
GMS	B	-0.63%
UFPI	B	-0.63%
PTEN	D	-0.61%
HRMY	D	-0.61%
SSTK	D	-0.61%
KBH	D	-0.6%
POWL	B	-0.6%
AEO	F	-0.59%
URBN	C	-0.57%
DINO	D	-0.57%
PATK	D	-0.56%
CHGG	D	-0.55%
AMR	C	-0.55%
ATGE	B	-0.55%
MTDR	C	-0.54%
ARRY	D	-0.54%
DNOW	B	-0.54%
PRGS	A	-0.53%
PHIN	B	-0.52%
ROCK	B	-0.52%
LBRT	D	-0.49%
HCC	C	-0.49%
CNXC	F	-0.49%
TALO	B	-0.48%
TNC	F	-0.48%
SHOO	D	-0.48%
HP	C	-0.48%
AM	B	-0.48%
LAUR	B	-0.47%
ALG	B	-0.45%
OSCR	F	-0.45%
CHX	D	-0.45%
VTLE	C	-0.45%
RRC	B	-0.44%
OXM	D	-0.44%
CVI	F	-0.43%
DBI	F	-0.42%
AMRC	F	-0.42%
TDW	F	-0.41%
WFRD	D	-0.4%
MGNI	A	-0.4%
CARS	B	-0.4%
NOV	D	-0.39%
IBTA	C	-0.38%
WHD	B	-0.37%
PGNY	F	-0.37%
MCRI	A	-0.36%
HLX	D	-0.36%
ZUO	C	-0.35%
JBI	F	-0.35%
RES	D	-0.34%
COUR	F	-0.33%
ANIP	C	-0.33%
RSI	A	-0.32%
GATO	C	-0.3%
PUBM	C	-0.27%
HTLD	C	-0.27%
MRC	B	-0.23%
EWCZ	C	-0.2%
XPRO	F	-0.2%
OLPX	F	-0.15%
TH	C	-0.15%
TASK	C	-0.14%
VMEO	B	-0.13%
SCHL	D	-0.12%
DH	D	-0.11%
SB	D	-0.1%