IWD vs. CSM ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to ProShares Large Cap Core Plus (CSM)

IWD

iShares Russell 1000 Value ETF

IWD Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit value characteristics. 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 Value Index (the "underlying index"), which measures the performance of large- and mid-capitalization value sectors of the U.S. equity market. It is a subset of the Russell 1000® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.68

Average Daily Volume

7,638

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

Performance

Period	IWD	CSM
30 Days	3.53%	2.89%
60 Days	4.90%	4.45%
90 Days	6.95%	6.39%
12 Months	29.54%	32.21%

264 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in CSM	Overlap
	A	D	0.15%	0.29%	0.15%
	ABBV	D	0.65%	0.35%	0.35%
	ABT	B	0.78%	0.06%	0.06%
	ACGL	D	0.14%	0.3%	0.14%
	ACN	C	0.86%	0.05%	0.05%
	AES	F	0.04%	0.19%	0.04%
	AIZ	A	0.04%	0.32%	0.04%
	AKAM	D	0.05%	0.19%	0.05%
	ALL	A	0.17%	0.38%	0.17%
	ALLE	D	0.05%	0.11%	0.05%
	AMAT	F	0.04%	0.21%	0.04%
	AMD	F	0.29%	0.15%	0.15%
	AME	A	0.17%	0.38%	0.17%
	AMGN	D	0.13%	0.04%	0.04%
	AOS	F	0.03%	0.06%	0.03%
	APA	D	0.03%	0.21%	0.03%
	APD	A	0.27%	0.35%	0.27%
	APH	A	0.14%	0.44%	0.14%
	APTV	D	0.06%	0.2%	0.06%
	ARE	D	0.07%	0.03%	0.03%
	AVB	B	0.13%	0.35%	0.13%
	BAC	A	1.23%	0.29%	0.29%
	BAX	D	0.06%	0.25%	0.06%
	BBY	D	0.08%	0.26%	0.08%
	BDX	F	0.25%	0.37%	0.25%
	BEN	C	0.02%	0.32%	0.02%
	BG	F	0.05%	0.24%	0.05%
	BIIB	F	0.09%	0.14%	0.09%
	BK	A	0.22%	0.13%	0.13%
	BKR	B	0.17%	0.39%	0.17%
	BLDR	D	0.07%	0.16%	0.07%
	BMY	B	0.44%	0.49%	0.44%
	BRK.A	B	3.35%	0.96%	0.96%
	BRO	B	0.06%	0.34%	0.06%
	BWA	D	0.03%	0.15%	0.03%
	CAG	D	0.05%	0.1%	0.05%
	CAH	B	0.05%	0.34%	0.05%
	CBOE	B	0.08%	0.28%	0.08%
	CBRE	B	0.16%	0.35%	0.16%
	CCL	B	0.09%	0.38%	0.09%
	CE	F	0.02%	0.16%	0.02%
	CFG	B	0.08%	0.19%	0.08%
	CHD	B	0.1%	0.06%	0.06%
	CI	F	0.32%	0.38%	0.32%
	CMCSA	B	0.64%	0.23%	0.23%
	CME	A	0.32%	0.4%	0.32%
	CNC	D	0.12%	0.26%	0.12%
	CNP	B	0.08%	0.32%	0.08%
	COF	B	0.27%	0.27%	0.27%
	CPB	D	0.03%	0.09%	0.03%
	CPT	B	0.05%	0.29%	0.05%
	CRL	C	0.04%	0.28%	0.04%
	CRM	B	0.18%	0.83%	0.18%
	CSCO	B	0.91%	0.04%	0.04%
	CSGP	D	0.11%	0.04%	0.04%
	CSX	B	0.27%	0.25%	0.25%
	CTSH	B	0.15%	0.35%	0.15%
	CTVA	C	0.15%	0.1%	0.1%
	CVS	D	0.26%	0.2%	0.2%
	CVX	A	1.08%	0.09%	0.09%
	DAY	B	0.04%	0.09%	0.04%
	DFS	B	0.17%	0.18%	0.17%
	DG	F	0.06%	0.22%	0.06%
	DHI	D	0.19%	0.23%	0.19%
	DHR	F	0.58%	0.03%	0.03%
	DIS	B	0.82%	0.1%	0.1%
	DLR	B	0.23%	0.07%	0.07%
	DOC	D	0.06%	0.21%	0.06%
	DPZ	C	0.04%	0.05%	0.04%
	DTE	C	0.1%	0.3%	0.1%
	DUK	C	0.34%	0.34%	0.34%
	DVN	F	0.09%	0.3%	0.09%
	EA	A	0.17%	0.2%	0.17%
	EBAY	D	0.12%	0.07%	0.07%
	EG	C	0.05%	0.25%	0.05%
	EIX	B	0.12%	0.32%	0.12%
	EL	F	0.04%	0.21%	0.04%
	EMN	D	0.05%	0.28%	0.05%
	EMR	A	0.28%	0.22%	0.22%
	EPAM	C	0.05%	0.05%	0.05%
	EQIX	A	0.31%	0.26%	0.26%
	EQR	B	0.11%	0.33%	0.11%
	ETN	A	0.56%	0.42%	0.42%
	ETR	B	0.12%	0.37%	0.12%
	EXC	C	0.15%	0.29%	0.15%
	F	C	0.17%	0.15%	0.15%
	FANG	D	0.13%	0.32%	0.13%
	FAST	B	0.03%	0.04%	0.03%
	FCX	D	0.24%	0.12%	0.12%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.26%	0.29%	0.26%
	FE	C	0.09%	0.1%	0.09%
	FFIV	B	0.05%	0.34%	0.05%
	FIS	C	0.19%	0.07%	0.07%
	FITB	A	0.12%	0.15%	0.12%
	FMC	D	0.03%	0.03%	0.03%
	FOXA	B	0.04%	0.26%	0.04%
	FRT	B	0.04%	0.3%	0.04%
	FSLR	F	0.08%	0.1%	0.08%
	FTNT	C	0.04%	0.33%	0.04%
	FTV	C	0.1%	0.07%	0.07%
	GE	D	0.59%	0.57%	0.57%
	GEHC	F	0.13%	0.2%	0.13%
	GEN	B	0.06%	0.18%	0.06%
	GILD	C	0.43%	0.24%	0.24%
	GL	B	0.04%	0.21%	0.04%
	GM	B	0.25%	0.4%	0.25%
	GPC	D	0.07%	0.14%	0.07%
	GRMN	B	0.13%	0.37%	0.13%
	HAL	C	0.1%	0.23%	0.1%
	HBAN	A	0.1%	0.28%	0.1%
	HCA	F	0.19%	0.15%	0.15%
	HD	A	0.32%	0.31%	0.31%
	HES	B	0.06%	0.14%	0.06%
	HIG	B	0.13%	0.33%	0.13%
	HII	D	0.03%	0.24%	0.03%
	HOLX	D	0.07%	0.11%	0.07%
	HPQ	B	0.11%	0.29%	0.11%
	HRL	D	0.03%	0.06%	0.03%
	HST	C	0.05%	0.31%	0.05%
	HWM	A	0.17%	0.39%	0.17%
	IBM	C	0.73%	0.03%	0.03%
	IEX	B	0.07%	0.29%	0.07%
	INCY	C	0.04%	0.36%	0.04%
	INTC	D	0.4%	0.25%	0.25%
	INVH	D	0.08%	0.28%	0.08%
	IP	B	0.08%	0.06%	0.06%
	IPG	D	0.04%	0.12%	0.04%
	IQV	D	0.12%	0.25%	0.12%
	IR	B	0.16%	0.33%	0.16%
	IVZ	B	0.03%	0.29%	0.03%
	J	F	0.07%	0.04%	0.04%
	JBL	B	0.05%	0.08%	0.05%
	JKHY	D	0.05%	0.12%	0.05%
	JNJ	D	1.45%	0.4%	0.4%
	JPM	A	2.74%	0.69%	0.69%
	KDP	D	0.14%	0.12%	0.12%
	KHC	F	0.11%	0.11%	0.11%
	KMB	D	0.1%	0.32%	0.1%
	KMI	A	0.21%	0.12%	0.12%
	KMX	B	0.04%	0.21%	0.04%
	KO	D	0.4%	0.12%	0.12%
	KR	B	0.15%	0.36%	0.15%
	L	A	0.06%	0.33%	0.06%
	LDOS	C	0.08%	0.37%	0.08%
	LEN	D	0.01%	0.32%	0.01%
	LEN	D	0.16%	0.32%	0.16%
	LIN	D	0.84%	0.08%	0.08%
	LKQ	D	0.04%	0.1%	0.04%
	LMT	D	0.3%	0.2%	0.2%
	LOW	D	0.6%	0.04%	0.04%
	LYB	F	0.08%	0.27%	0.08%
	MAA	B	0.07%	0.28%	0.07%
	MAR	B	0.25%	0.09%	0.09%
	MAS	D	0.07%	0.04%	0.04%
	MCD	D	0.77%	0.03%	0.03%
	MCK	B	0.17%	0.45%	0.17%
	MDT	D	0.44%	0.25%	0.25%
	MET	A	0.19%	0.24%	0.19%
	MGM	D	0.03%	0.18%	0.03%
	MKC	D	0.07%	0.05%	0.05%
	MMC	B	0.37%	0.04%	0.04%
	MOH	F	0.02%	0.16%	0.02%
	MSCI	C	0.07%	0.15%	0.07%
	MSI	B	0.16%	0.23%	0.16%
	MTB	A	0.14%	0.34%	0.14%
	MTCH	D	0.03%	0.07%	0.03%
	MTD	D	0.1%	0.28%	0.1%
	MU	D	0.41%	0.44%	0.41%
	NEM	D	0.18%	0.09%	0.09%
	NI	A	0.06%	0.21%	0.06%
	NOC	D	0.27%	0.38%	0.27%
	NRG	B	0.04%	0.33%	0.04%
	NTRS	A	0.08%	0.29%	0.08%
	NUE	C	0.14%	0.08%	0.08%
	NWSA	B	0.04%	0.12%	0.04%
	OKE	A	0.25%	0.18%	0.18%
	OMC	C	0.07%	0.23%	0.07%
	ON	D	0.11%	0.12%	0.11%
	OTIS	C	0.16%	0.32%	0.16%
	PARA	C	0.02%	0.19%	0.02%
	PAYC	B	0.02%	0.32%	0.02%
	PAYX	C	0.11%	0.07%	0.07%
	PCG	A	0.17%	0.29%	0.17%
	PEP	F	0.18%	0.32%	0.18%
	PFE	D	0.55%	0.12%	0.12%
	PFG	D	0.08%	0.11%	0.08%
	PG	A	1.21%	0.4%	0.4%
	PGR	A	0.09%	0.23%	0.09%
	PH	A	0.35%	0.45%	0.35%
	PHM	D	0.1%	0.3%	0.1%
	PKG	A	0.08%	0.05%	0.05%
	PLD	D	0.41%	0.33%	0.33%
	PM	B	0.78%	0.04%	0.04%
	PNR	A	0.07%	0.33%	0.07%
	PNW	B	0.04%	0.13%	0.04%
	PPG	F	0.11%	0.23%	0.11%
	PRU	A	0.18%	0.29%	0.18%
	PSA	D	0.18%	0.14%	0.14%
	PSX	C	0.21%	0.12%	0.12%
	PTC	A	0.03%	0.04%	0.03%
	PYPL	B	0.34%	0.25%	0.25%
	QCOM	F	0.04%	0.5%	0.04%
	QRVO	F	0.02%	0.19%	0.02%
	RCL	A	0.14%	0.42%	0.14%
	REG	B	0.05%	0.2%	0.05%
	RF	A	0.09%	0.05%	0.05%
	RJF	A	0.12%	0.4%	0.12%
	RL	B	0.03%	0.32%	0.03%
	RMD	C	0.1%	0.2%	0.1%
	ROP	B	0.23%	0.12%	0.12%
	ROST	C	0.14%	0.04%	0.04%
	RSG	A	0.17%	0.34%	0.17%
	SJM	D	0.04%	0.18%	0.04%
	SLB	C	0.24%	0.31%	0.24%
	SNA	A	0.07%	0.39%	0.07%
	SO	D	0.37%	0.26%	0.26%
	SPG	B	0.17%	0.14%	0.14%
	STE	F	0.08%	0.31%	0.08%
	STLD	B	0.08%	0.14%	0.08%
	SWK	D	0.05%	0.25%	0.05%
	SWKS	F	0.05%	0.2%	0.05%
	SYF	B	0.1%	0.39%	0.1%
	SYY	B	0.06%	0.13%	0.06%
	T	A	0.63%	0.2%	0.2%
	TAP	C	0.04%	0.34%	0.04%
	TDY	B	0.08%	0.13%	0.08%
	TFX	F	0.04%	0.21%	0.04%
	TGT	F	0.27%	0.33%	0.27%
	TJX	A	0.22%	0.48%	0.22%
	TMO	F	0.76%	0.55%	0.55%
	TMUS	B	0.44%	0.5%	0.44%
	TPR	B	0.05%	0.16%	0.05%
	TRMB	B	0.07%	0.05%	0.05%
	TROW	B	0.1%	0.35%	0.1%
	TRV	B	0.23%	0.11%	0.11%
	TSN	B	0.07%	0.34%	0.07%
	TT	A	0.24%	0.43%	0.24%
	TXT	D	0.06%	0.26%	0.06%
	UAL	A	0.12%	0.42%	0.12%
	UHS	D	0.05%	0.29%	0.05%
	UNH	C	1.98%	0.52%	0.52%
	URI	B	0.16%	0.13%	0.13%
	VICI	C	0.13%	0.33%	0.13%
	VLO	C	0.17%	0.08%	0.08%
	VRSN	F	0.06%	0.25%	0.06%
	VRTX	F	0.23%	0.46%	0.23%
	VTR	C	0.1%	0.31%	0.1%
	VTRS	A	0.06%	0.29%	0.06%
	VZ	C	0.68%	0.05%	0.05%
	WAB	B	0.13%	0.26%	0.13%
	WBA	F	0.02%	0.15%	0.02%
	WDC	D	0.08%	0.22%	0.08%
	WELL	A	0.32%	0.42%	0.32%
	WFC	A	1.01%	0.15%	0.15%
	WMT	A	1.42%	0.24%	0.24%
	WRB	A	0.07%	0.08%	0.07%
	WTW	B	0.12%	0.14%	0.12%
	WY	D	0.09%	0.3%	0.09%
	WYNN	D	0.03%	0.04%	0.03%
	XEL	A	0.15%	0.35%	0.15%
	XOM	B	2.08%	0.51%	0.51%
	XYL	D	0.11%	0.26%	0.11%
	ZTS	D	0.05%	0.15%	0.05%

IWD Overweight 601 Positions Relative to CSM

	Symbol	Grade	Weight
	TXN	C	0.63%
	CAT	B	0.63%
	NEE	D	0.61%
	SPGI	C	0.61%
	RTX	C	0.61%
	BLK	C	0.6%
	MS	A	0.57%
	GS	A	0.53%
	COP	C	0.51%
	C	A	0.51%
	BSX	B	0.5%
	HON	B	0.49%
	CB	C	0.45%
	SCHW	B	0.42%
	ADI	D	0.4%
	SYK	C	0.39%
	DE	A	0.39%
	AXP	A	0.39%
	UPS	C	0.38%
	MO	A	0.37%
	GEV	B	0.35%
	MDLZ	F	0.34%
	ICE	C	0.34%
	FI	A	0.32%
	PNC	B	0.32%
	GD	F	0.31%
	BA	F	0.31%
	EOG	A	0.3%
	USB	A	0.3%
	ELV	F	0.3%
	AON	A	0.29%
	UNP	C	0.29%
	KKR	A	0.28%
	REGN	F	0.28%
	WMB	A	0.27%
	MRVL	B	0.27%
	CRH	A	0.26%
	TFC	A	0.24%
	AFL	B	0.24%
	CARR	D	0.24%
	MMM	D	0.23%
	SRE	A	0.23%
	NSC	B	0.23%
	AJG	B	0.23%
	CEG	D	0.23%
	MPC	D	0.22%
	JCI	C	0.22%
	PCAR	B	0.22%
	TDG	D	0.21%
	ITW	B	0.2%
	AEP	D	0.2%
	D	C	0.19%
	AIG	B	0.19%
	O	D	0.19%
	CMI	A	0.19%
	MSTR	C	0.19%
	CCI	D	0.18%
	KVUE	A	0.18%
	LHX	C	0.18%
	PEG	A	0.17%
	DAL	C	0.16%
	FERG	B	0.15%
	STZ	D	0.15%
	NKE	D	0.14%
	GIS	D	0.14%
	GLW	B	0.14%
	CHTR	C	0.14%
	NDAQ	A	0.13%
	PWR	A	0.13%
	EW	C	0.13%
	HUM	C	0.13%
	OXY	D	0.13%
	MCHP	D	0.13%
	ED	D	0.13%
	MLM	B	0.13%
	CL	D	0.13%
	DD	D	0.13%
	EXR	D	0.13%
	GPN	B	0.12%
	HLT	A	0.12%
	ROK	B	0.12%
	DELL	C	0.12%
	TTWO	A	0.12%
	WEC	A	0.12%
	DOW	F	0.12%
	SQ	B	0.11%
	HPE	B	0.11%
	VMC	B	0.11%
	DOV	A	0.11%
	STT	A	0.11%
	ANSS	B	0.11%
	PPL	B	0.1%
	SBUX	A	0.1%
	ADM	D	0.1%
	NVR	D	0.1%
	KEYS	A	0.1%
	AWK	D	0.1%
	FCNCA	A	0.1%
	SW	A	0.1%
	IFF	D	0.09%
	WBD	C	0.09%
	ZBH	C	0.09%
	YUM	B	0.09%
	CINF	A	0.09%
	HUBB	B	0.09%
	EQT	B	0.09%
	SBAC	D	0.09%
	LNG	B	0.09%
	AEE	A	0.09%
	EFX	F	0.09%
	COO	D	0.08%
	LUV	C	0.08%
	LH	C	0.08%
	CMS	C	0.08%
	K	A	0.08%
	ZM	B	0.08%
	HSY	F	0.08%
	HOOD	B	0.08%
	ILMN	D	0.08%
	EXE	B	0.08%
	APO	B	0.08%
	ES	D	0.08%
	ATO	A	0.08%
	MKL	A	0.07%
	OC	A	0.07%
	CVNA	B	0.07%
	TRU	D	0.07%
	CSL	C	0.07%
	RS	B	0.07%
	KEY	B	0.07%
	DGX	A	0.07%
	WSO	A	0.07%
	BALL	D	0.07%
	CTRA	B	0.07%
	IBKR	A	0.07%
	ESS	B	0.07%
	EVRG	A	0.06%
	EXPD	D	0.06%
	EWBC	A	0.06%
	IRM	D	0.06%
	NDSN	B	0.06%
	ACM	A	0.06%
	UDR	B	0.06%
	THC	D	0.06%
	AMCR	D	0.06%
	USFD	A	0.06%
	JBHT	C	0.06%
	GGG	B	0.06%
	RGA	A	0.06%
	SUI	D	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	LNT	A	0.06%
	SSNC	B	0.06%
	FNF	B	0.06%
	UTHR	C	0.06%
	CF	B	0.06%
	MRO	B	0.06%
	KIM	A	0.06%
	Z	A	0.05%
	SOFI	A	0.05%
	CDW	F	0.05%
	MRNA	F	0.05%
	JNPR	F	0.05%
	BMRN	D	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	WPC	D	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	CASY	A	0.05%
	BXP	D	0.05%
	COHR	B	0.05%
	ITT	A	0.05%
	CLH	B	0.05%
	AMH	D	0.05%
	GLPI	C	0.05%
	CHRW	C	0.05%
	UNM	A	0.05%
	DLTR	F	0.05%
	ELS	C	0.05%
	AFRM	B	0.05%
	TWLO	A	0.05%
	RPM	A	0.05%
	RNR	C	0.05%
	NTAP	C	0.05%
	RVTY	F	0.05%
	CW	B	0.05%
	VLTO	D	0.05%
	EME	C	0.05%
	AVTR	F	0.05%
	TW	A	0.04%
	WST	C	0.04%
	GMED	A	0.04%
	REXR	F	0.04%
	CMA	A	0.04%
	BWXT	B	0.04%
	FBIN	D	0.04%
	INGR	B	0.04%
	DCI	B	0.04%
	RGLD	C	0.04%
	ORI	A	0.04%
	JEF	A	0.04%
	SOLV	C	0.04%
	DRI	B	0.04%
	PNFP	B	0.04%
	BRBR	A	0.04%
	CNH	C	0.04%
	COIN	C	0.04%
	MKTX	D	0.04%
	CIEN	B	0.04%
	DOX	D	0.04%
	DTM	B	0.04%
	WAL	B	0.04%
	WTRG	B	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	NLY	C	0.04%
	AVY	D	0.04%
	OHI	C	0.04%
	AFG	A	0.04%
	GME	C	0.04%
	LAD	A	0.04%
	RPRX	D	0.04%
	DKS	C	0.04%
	ALSN	B	0.04%
	AYI	B	0.04%
	BLD	D	0.04%
	WWD	B	0.04%
	WBS	A	0.04%
	CACI	D	0.04%
	PRI	A	0.04%
	BKNG	A	0.04%
	TECH	D	0.04%
	CCK	C	0.04%
	EVR	B	0.04%
	CTLT	B	0.04%
	CUBE	D	0.04%
	FWONK	B	0.04%
	PFGC	B	0.04%
	ATR	B	0.04%
	CG	A	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	SF	B	0.04%
	BJ	A	0.04%
	OVV	B	0.04%
	COLB	A	0.03%
	MTG	C	0.03%
	CGNX	C	0.03%
	FAF	A	0.03%
	LSTR	D	0.03%
	BILL	A	0.03%
	OKTA	C	0.03%
	STAG	F	0.03%
	AZPN	A	0.03%
	WEX	D	0.03%
	HR	C	0.03%
	DINO	D	0.03%
	GWW	B	0.03%
	AXS	A	0.03%
	VMI	B	0.03%
	MKSI	C	0.03%
	ALK	C	0.03%
	WSM	B	0.03%
	WH	B	0.03%
	HRB	D	0.03%
	DAR	C	0.03%
	FCN	D	0.03%
	FND	C	0.03%
	MTSI	B	0.03%
	GXO	B	0.03%
	RLI	B	0.03%
	SSD	D	0.03%
	FR	C	0.03%
	ATI	D	0.03%
	ALGN	D	0.03%
	GNTX	C	0.03%
	ELAN	D	0.03%
	R	B	0.03%
	ESAB	B	0.03%
	VFC	C	0.03%
	OSK	B	0.03%
	BBWI	D	0.03%
	AGNC	D	0.03%
	VNO	B	0.03%
	KBR	F	0.03%
	CART	C	0.03%
	MIDD	C	0.03%
	SKX	D	0.03%
	COKE	C	0.03%
	MHK	D	0.03%
	LBRDK	C	0.03%
	LW	C	0.03%
	PB	A	0.03%
	ROKU	D	0.03%
	CHE	D	0.03%
	DASH	A	0.03%
	MNST	C	0.03%
	RHI	B	0.03%
	JAZZ	B	0.03%
	ADC	B	0.03%
	KEX	C	0.03%
	PR	B	0.03%
	NNN	D	0.03%
	BERY	B	0.03%
	FLS	B	0.03%
	G	B	0.03%
	SHW	A	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	ACI	C	0.03%
	CZR	F	0.03%
	SNV	B	0.03%
	X	C	0.03%
	ECL	D	0.03%
	TKO	B	0.03%
	SEIC	B	0.03%
	APG	B	0.03%
	CFR	B	0.03%
	LECO	B	0.03%
	LAMR	D	0.03%
	WAT	B	0.03%
	RIVN	F	0.03%
	VOYA	B	0.03%
	FICO	B	0.03%
	EGP	F	0.03%
	GPK	C	0.03%
	NYT	C	0.03%
	MTZ	B	0.03%
	CR	A	0.03%
	JLL	D	0.03%
	MOS	F	0.03%
	CBSH	A	0.03%
	TTC	D	0.03%
	OGE	B	0.03%
	FYBR	D	0.03%
	WTFC	A	0.03%
	GWRE	A	0.03%
	ALLY	C	0.03%
	ZION	B	0.03%
	BRX	A	0.03%
	TTEK	F	0.03%
	AAL	B	0.03%
	SNX	C	0.03%
	HSIC	B	0.03%
	KNX	B	0.03%
	ADP	B	0.03%
	AR	B	0.03%
	HLI	B	0.03%
	AXTA	A	0.03%
	RBC	A	0.03%
	WCC	B	0.03%
	OGN	D	0.02%
	LINE	F	0.02%
	SITE	D	0.02%
	HOG	D	0.02%
	FLO	D	0.02%
	TPG	A	0.02%
	GTES	A	0.02%
	GFS	C	0.02%
	DLB	B	0.02%
	M	D	0.02%
	AN	C	0.02%
	WLK	D	0.02%
	KMPR	B	0.02%
	GAP	C	0.02%
	AWI	A	0.02%
	RYN	D	0.02%
	SLGN	A	0.02%
	PSN	D	0.02%
	WSC	D	0.02%
	EEFT	B	0.02%
	DBX	B	0.02%
	KRC	C	0.02%
	CUZ	B	0.02%
	AZO	C	0.02%
	AGO	B	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	AVT	C	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	OLN	D	0.02%
	TKR	D	0.02%
	WTM	A	0.02%
	HXL	D	0.02%
	AMP	A	0.02%
	BYD	C	0.02%
	SON	D	0.02%
	AL	B	0.02%
	UGI	A	0.02%
	BFAM	D	0.02%
	OZK	B	0.02%
	POST	C	0.02%
	SLM	A	0.02%
	SN	D	0.02%
	CCCS	B	0.02%
	LEA	D	0.02%
	CRUS	D	0.02%
	LITE	B	0.02%
	EXAS	D	0.02%
	GNRC	B	0.02%
	ORLY	B	0.02%
	RITM	C	0.02%
	BC	C	0.02%
	THO	B	0.02%
	NFG	A	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	PVH	C	0.02%
	FOX	A	0.02%
	H	B	0.02%
	WMS	D	0.02%
	JHG	A	0.02%
	SAIA	B	0.02%
	THG	A	0.02%
	AGCO	D	0.02%
	AMG	B	0.02%
	ONTO	D	0.02%
	LNC	B	0.02%
	FNB	A	0.02%
	VNT	B	0.02%
	LFUS	F	0.02%
	IDA	A	0.02%
	WHR	B	0.02%
	RGEN	D	0.02%
	S	B	0.02%
	STWD	C	0.02%
	ARW	D	0.02%
	BIO	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	OMF	A	0.02%
	SAIC	F	0.02%
	COLD	D	0.02%
	ESI	A	0.02%
	NOV	C	0.02%
	SIRI	C	0.02%
	KD	B	0.02%
	MSA	D	0.02%
	MAT	D	0.02%
	LLYVA	A	0.01%
	DDS	B	0.01%
	SNDR	B	0.01%
	TRIP	F	0.01%
	REYN	D	0.01%
	TER	D	0.01%
	FTRE	D	0.01%
	LEG	F	0.01%
	WEN	D	0.01%
	EXEL	B	0.01%
	GO	C	0.01%
	UA	C	0.01%
	QS	F	0.01%
	CLVT	F	0.01%
	BIRK	D	0.01%
	ALAB	B	0.01%
	CNXC	F	0.01%
	VSTS	C	0.01%
	CRI	D	0.01%
	PSTG	D	0.01%
	PPC	C	0.01%
	QDEL	F	0.01%
	AZEK	A	0.01%
	RKT	F	0.01%
	LBTYK	A	0.01%
	KSS	F	0.01%
	LCID	F	0.01%
	INFA	D	0.01%
	ETSY	D	0.01%
	UAA	C	0.01%
	LBTYA	B	0.01%
	LYFT	C	0.01%
	BRKR	D	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	SHC	F	0.01%
	ADT	C	0.01%
	LPX	B	0.01%
	RCM	F	0.01%
	AAP	C	0.01%
	CWEN	C	0.01%
	WU	D	0.01%
	AZTA	D	0.01%
	YETI	C	0.01%
	JWN	C	0.01%
	HAYW	B	0.01%
	SAM	C	0.01%
	BR	A	0.01%
	ULTA	F	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	SPB	C	0.01%
	MP	B	0.01%
	CPRI	F	0.01%
	HHH	B	0.01%
	EXP	A	0.01%
	ENOV	C	0.01%
	AGR	B	0.01%
	MPW	F	0.01%
	BOKF	B	0.01%
	CC	C	0.01%
	CXT	B	0.01%
	COTY	F	0.01%
	SEE	C	0.01%
	COLM	B	0.01%
	CNM	D	0.01%
	AMKR	D	0.01%
	VIRT	B	0.01%
	ECG	C	0.01%
	U	C	0.01%
	AMED	F	0.01%
	MAN	D	0.01%
	SNRE	D	0.01%
	PAG	B	0.01%
	NSA	D	0.01%
	LLYVK	A	0.01%
	PK	B	0.01%
	NXST	C	0.01%
	IRDM	D	0.01%
	BROS	B	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	AMTM	D	0.01%
	SMG	D	0.01%
	LOPE	B	0.01%
	BHF	B	0.01%
	VAC	B	0.01%
	ZI	D	0.01%
	HUN	F	0.01%
	AM	A	0.01%
	HIW	D	0.01%
	EPR	D	0.01%
	MASI	A	0.01%
	ZG	A	0.01%
	ALNY	D	0.01%
	CPRT	A	0.01%
	PII	D	0.01%
	ACHC	F	0.01%
	FHB	A	0.01%
	CLF	F	0.01%
	UHAL	D	0.01%
	IAC	D	0.01%
	NVST	B	0.01%
	NWS	B	0.01%
	W	F	0.01%
	PRGO	B	0.01%
	VNOM	A	0.01%
	TNL	A	0.01%
	XRAY	F	0.01%
	CIVI	D	0.01%
	NWL	B	0.01%
	DNB	B	0.01%
	MDU	D	0.01%
	MSGS	A	0.01%
	NEU	C	0.01%
	RH	B	0.01%
	DXC	B	0.01%
	PLNT	A	0.01%
	CTAS	B	0.01%
	OLED	D	0.01%
	TYL	B	0.01%
	MSM	C	0.01%
	ASH	D	0.01%
	LOAR	A	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	PARAA	B	0.0%
	NFE	D	0.0%
	UHAL	D	0.0%
	IONS	F	0.0%
	LAZ	B	0.0%
	GRAL	C	0.0%
	TXG	F	0.0%
	CACC	D	0.0%
	PLTK	B	0.0%
	DJT	C	0.0%
	CHH	A	0.0%
	SEB	F	0.0%
	UI	A	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	WOLF	F	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	CWEN	C	0.0%
	HCP	B	0.0%
	CAR	C	0.0%
	MTN	C	0.0%
	CNA	B	0.0%
	PYCR	C	0.0%
	HAS	D	0.0%
	FWONA	B	0.0%
	AS	B	0.0%
	CERT	F	0.0%
	DV	C	0.0%
	LBRDA	C	0.0%
	NCNO	B	0.0%

IWD Underweight 44 Positions Relative to CSM

	Symbol	Grade	Weight
	NVDA	C	-4.99%
	AAPL	C	-4.66%
	MSFT	F	-4.32%
	AMZN	C	-2.77%
	META	D	-1.6%
	GOOGL	C	-1.27%
	AVGO	D	-1.22%
	GOOG	C	-1.02%
	TSLA	B	-0.97%
	LLY	F	-0.91%
	MRK	F	-0.62%
	INTU	C	-0.58%
	ADBE	C	-0.52%
	NFLX	A	-0.46%
	V	A	-0.43%
	SNPS	B	-0.42%
	TRGP	B	-0.4%
	UBER	D	-0.39%
	MA	C	-0.38%
	GDDY	A	-0.37%
	MCO	B	-0.36%
	LYV	A	-0.35%
	CDNS	B	-0.35%
	NCLH	B	-0.35%
	COR	B	-0.33%
	COST	B	-0.32%
	ANET	C	-0.31%
	STX	D	-0.28%
	ROL	B	-0.26%
	PANW	C	-0.2%
	CRWD	B	-0.19%
	BX	A	-0.18%
	ADSK	A	-0.17%
	LRCX	F	-0.17%
	ABNB	C	-0.16%
	NOW	A	-0.14%
	ORCL	B	-0.13%
	ISRG	A	-0.09%
	LULU	C	-0.09%
	DXCM	D	-0.08%
	CLX	B	-0.06%
	WM	A	-0.04%
	CMG	B	-0.04%
	SMCI	F	-0.03%

IWD: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Software - Application Utilities - Regulated Electric Oil & Gas E&P Semiconductors Asset Management Diagnostics & Research Biotechnology Business Services 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 Real Estate Investment Trust Bank Electronics Banking Computing Chemical Aerospace Electricity Mining Telecommunications Insurance Products Semiconductor Dow Jones Component Medicine Beverage Biotechnology

CSM: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Drug Manufacturers - Major Semiconductors Diagnostics & Research Medical Instruments & Supplies Utilities - Regulated Electric Asset Management Credit Services Internet Content & Information Packaged Foods Banks - Regional - US Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty REIT - Residential Specialty Industrial Machinery Aerospace & Defense Business Services

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Natural Gas Insurance Electronics Electricity Real Estate Investment Trust Bank Aerospace Banking Medicine Mobile Devices Telecommunications Chemical Work From Home Petroleum Industry Transport Disability