IWD vs. DGRO ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to iShares Core Dividend Growth ETF (DGRO)

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

$193.82

Average Daily Volume

1,525,194

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$63.38

Average Daily Volume

1,469,534

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	IWD	DGRO
30 Days	1.01%	-0.06%
60 Days	4.67%	3.25%
90 Days	6.87%	5.32%
12 Months	28.05%	27.80%

308 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in DGRO	Overlap
	A	F	0.15%	0.06%	0.06%
	ABBV	F	0.77%	2.54%	0.77%
	ABT	C	0.78%	0.85%	0.78%
	ACN	B	0.86%	0.75%	0.75%
	ADI	D	0.43%	0.42%	0.42%
	ADM	F	0.1%	0.19%	0.1%
	ADP	A	0.03%	0.57%	0.03%
	AEE	B	0.09%	0.17%	0.09%
	AEP	D	0.2%	0.39%	0.2%
	AES	F	0.04%	0.08%	0.04%
	AFG	A	0.04%	0.05%	0.04%
	AFL	C	0.23%	0.23%	0.23%
	AGCO	F	0.02%	0.02%	0.02%
	AGO	B	0.02%	0.02%	0.02%
	AIZ	A	0.04%	0.04%	0.04%
	AJG	A	0.23%	0.12%	0.12%
	AL	B	0.02%	0.02%	0.02%
	ALB	C	0.05%	0.05%	0.05%
	ALL	B	0.17%	0.22%	0.17%
	ALLE	D	0.05%	0.04%	0.04%
	AMAT	F	0.05%	0.31%	0.05%
	AME	A	0.17%	0.07%	0.07%
	AMGN	F	0.15%	1.06%	0.15%
	AMP	A	0.02%	0.17%	0.02%
	AMTM	D	0.02%	0.01%	0.01%
	AON	B	0.29%	0.15%	0.15%
	AOS	F	0.03%	0.03%	0.03%
	APD	B	0.27%	0.4%	0.27%
	APH	B	0.14%	0.14%	0.14%
	ASH	F	0.02%	0.02%	0.02%
	ATO	B	0.08%	0.12%	0.08%
	ATR	A	0.04%	0.03%	0.03%
	AVT	C	0.02%	0.03%	0.02%
	AVY	F	0.04%	0.06%	0.04%
	AWI	B	0.02%	0.01%	0.01%
	AWK	D	0.1%	0.12%	0.1%
	AXP	B	0.39%	0.4%	0.39%
	AXS	A	0.03%	0.03%	0.03%
	BAC	A	1.18%	1.67%	1.18%
	BAX	F	0.07%	0.12%	0.07%
	BC	D	0.02%	0.03%	0.02%
	BDX	F	0.26%	0.24%	0.24%
	BK	B	0.22%	0.36%	0.22%
	BLK	A	0.59%	0.81%	0.59%
	BMY	B	0.42%	1.24%	0.42%
	BOKF	B	0.01%	0.01%	0.01%
	BPOP	C	0.02%	0.04%	0.02%
	BR	A	0.01%	0.09%	0.01%
	BRO	B	0.06%	0.03%	0.03%
	BWXT	B	0.03%	0.03%	0.03%
	C	B	0.51%	1.14%	0.51%
	CAH	B	0.05%	0.12%	0.05%
	CASY	B	0.05%	0.02%	0.02%
	CAT	B	0.63%	0.76%	0.63%
	CB	C	0.44%	0.3%	0.3%
	CBSH	A	0.03%	0.04%	0.03%
	CDW	F	0.05%	0.07%	0.05%
	CE	F	0.03%	0.05%	0.03%
	CFR	B	0.03%	0.07%	0.03%
	CGNX	C	0.03%	0.01%	0.01%
	CHD	A	0.1%	0.06%	0.06%
	CHE	D	0.03%	0.01%	0.01%
	CHRW	A	0.05%	0.07%	0.05%
	CINF	A	0.09%	0.12%	0.09%
	CL	F	0.13%	0.32%	0.13%
	CMA	A	0.04%	0.1%	0.04%
	CMCSA	B	0.65%	1.23%	0.65%
	CME	B	0.31%	0.38%	0.31%
	CMI	A	0.19%	0.27%	0.19%
	CMS	D	0.08%	0.13%	0.08%
	COLM	B	0.01%	0.01%	0.01%
	COP	C	0.5%	0.9%	0.5%
	CRI	D	0.01%	0.02%	0.01%
	CSCO	A	0.91%	1.72%	0.91%
	CSL	B	0.07%	0.05%	0.05%
	CSX	B	0.27%	0.23%	0.23%
	CTAS	B	0.02%	0.13%	0.02%
	CTVA	C	0.16%	0.11%	0.11%
	CVX	A	1.04%	2.83%	1.04%
	CW	C	0.06%	0.01%	0.01%
	DCI	A	0.04%	0.03%	0.03%
	DDS	B	0.0%	0.0%	0.0%
	DFS	B	0.17%	0.21%	0.17%
	DG	F	0.06%	0.11%	0.06%
	DGX	B	0.07%	0.08%	0.07%
	DHI	D	0.19%	0.07%	0.07%
	DHR	F	0.61%	0.14%	0.14%
	DKS	D	0.04%	0.06%	0.04%
	DLB	D	0.02%	0.02%	0.02%
	DOV	A	0.11%	0.07%	0.07%
	DPZ	C	0.04%	0.05%	0.04%
	DTE	D	0.09%	0.18%	0.09%
	DUK	D	0.34%	0.69%	0.34%
	EBAY	C	0.12%	0.13%	0.12%
	ECG	D	0.01%	0.01%	0.01%
	ECL	C	0.03%	0.13%	0.03%
	ED	D	0.13%	0.24%	0.13%
	EG	D	0.05%	0.08%	0.05%
	EIX	C	0.12%	0.26%	0.12%
	ELV	F	0.32%	0.27%	0.27%
	EMN	D	0.05%	0.09%	0.05%
	EMR	A	0.28%	0.34%	0.28%
	EOG	A	0.3%	0.5%	0.3%
	ES	D	0.08%	0.2%	0.08%
	ETN	B	0.56%	0.41%	0.41%
	ETR	B	0.12%	0.26%	0.12%
	EVR	B	0.04%	0.03%	0.03%
	EWBC	B	0.05%	0.09%	0.05%
	EXPD	C	0.05%	0.05%	0.05%
	FAF	C	0.02%	0.05%	0.02%
	FAST	B	0.03%	0.24%	0.03%
	FBIN	F	0.04%	0.03%	0.03%
	FDS	A	0.05%	0.04%	0.04%
	FERG	B	0.15%	0.16%	0.15%
	FIS	B	0.19%	0.19%	0.19%
	FLO	F	0.02%	0.04%	0.02%
	FMC	F	0.03%	0.06%	0.03%
	FNF	C	0.06%	0.11%	0.06%
	G	B	0.03%	0.02%	0.02%
	GD	C	0.33%	0.32%	0.32%
	GGG	B	0.06%	0.04%	0.04%
	GILD	B	0.46%	1.05%	0.46%
	GL	B	0.04%	0.02%	0.02%
	GLW	B	0.14%	0.23%	0.14%
	GNTX	C	0.03%	0.03%	0.03%
	GPC	D	0.07%	0.11%	0.07%
	GRMN	A	0.13%	0.12%	0.12%
	GS	B	0.52%	1.08%	0.52%
	GWW	B	0.03%	0.1%	0.03%
	HCA	D	0.19%	0.1%	0.1%
	HD	B	0.31%	2.17%	0.31%
	HIG	C	0.13%	0.13%	0.13%
	HII	F	0.03%	0.04%	0.03%
	HLI	B	0.03%	0.03%	0.03%
	HON	B	0.46%	0.68%	0.46%
	HPQ	B	0.1%	0.27%	0.1%
	HRB	D	0.03%	0.04%	0.03%
	HRL	F	0.03%	0.07%	0.03%
	HSY	F	0.08%	0.16%	0.08%
	HUBB	C	0.1%	0.07%	0.07%
	HUM	D	0.13%	0.08%	0.08%
	IBM	D	0.75%	1.41%	0.75%
	ICE	C	0.34%	0.23%	0.23%
	IDA	A	0.02%	0.04%	0.02%
	IEX	B	0.07%	0.05%	0.05%
	INGR	B	0.04%	0.05%	0.04%
	IPG	F	0.04%	0.11%	0.04%
	IR	A	0.16%	0.01%	0.01%
	ITT	A	0.05%	0.03%	0.03%
	ITW	B	0.19%	0.41%	0.19%
	J	D	0.07%	0.03%	0.03%
	JBHT	C	0.06%	0.04%	0.04%
	JEF	B	0.03%	0.06%	0.03%
	JKHY	C	0.05%	0.04%	0.04%
	JNJ	D	1.44%	2.56%	1.44%
	JPM	A	2.61%	3.09%	2.61%
	K	A	0.08%	0.13%	0.08%
	KMB	D	0.1%	0.34%	0.1%
	KO	F	0.41%	1.53%	0.41%
	KR	A	0.15%	0.22%	0.15%
	LAD	B	0.04%	0.02%	0.02%
	LECO	C	0.03%	0.05%	0.03%
	LFUS	D	0.02%	0.02%	0.02%
	LHX	B	0.19%	0.22%	0.19%
	LIN	D	0.85%	0.6%	0.6%
	LMT	D	0.32%	0.58%	0.32%
	LNT	C	0.06%	0.1%	0.06%
	LOW	B	0.6%	0.64%	0.6%
	LPX	A	0.01%	0.02%	0.01%
	LSTR	B	0.03%	0.01%	0.01%
	LW	B	0.03%	0.06%	0.03%
	MAN	F	0.01%	0.03%	0.01%
	MAS	D	0.07%	0.06%	0.06%
	MCD	C	0.78%	1.1%	0.78%
	MCHP	F	0.15%	0.21%	0.15%
	MCK	B	0.17%	0.1%	0.1%
	MDLZ	F	0.34%	0.45%	0.34%
	MDT	D	0.43%	0.79%	0.43%
	MDU	D	0.01%	0.01%	0.01%
	MET	C	0.18%	0.32%	0.18%
	MKC	D	0.07%	0.09%	0.07%
	MKTX	C	0.04%	0.03%	0.03%
	MLM	B	0.14%	0.05%	0.05%
	MMC	D	0.37%	0.35%	0.35%
	MOS	D	0.03%	0.07%	0.03%
	MS	A	0.54%	1.38%	0.54%
	MSA	D	0.02%	0.02%	0.02%
	MSCI	B	0.07%	0.12%	0.07%
	MSI	B	0.17%	0.16%	0.16%
	MSM	C	0.02%	0.04%	0.02%
	MTB	A	0.13%	0.25%	0.13%
	MTG	C	0.02%	0.03%	0.02%
	NDAQ	B	0.12%	0.09%	0.09%
	NDSN	B	0.06%	0.04%	0.04%
	NEE	D	0.61%	0.85%	0.61%
	NFG	D	0.02%	0.04%	0.02%
	NI	A	0.06%	0.11%	0.06%
	NKE	F	0.13%	0.38%	0.13%
	NOC	D	0.28%	0.27%	0.27%
	NSC	B	0.24%	0.29%	0.24%
	NTAP	D	0.05%	0.1%	0.05%
	NTRS	A	0.08%	0.17%	0.08%
	NUE	D	0.15%	0.14%	0.14%
	NVT	C	0.05%	0.03%	0.03%
	NXST	C	0.01%	0.06%	0.01%
	NYT	C	0.03%	0.02%	0.02%
	OC	A	0.06%	0.06%	0.06%
	OLED	F	0.02%	0.02%	0.02%
	OMC	A	0.08%	0.13%	0.08%
	ORI	A	0.04%	0.06%	0.04%
	OSK	B	0.03%	0.03%	0.03%
	OTIS	D	0.16%	0.15%	0.15%
	OVV	C	0.04%	0.08%	0.04%
	OZK	B	0.02%	0.05%	0.02%
	PAG	B	0.01%	0.02%	0.01%
	PB	B	0.03%	0.05%	0.03%
	PCAR	B	0.23%	0.17%	0.17%
	PEG	C	0.16%	0.28%	0.16%
	PEP	D	0.18%	1.57%	0.18%
	PFG	C	0.08%	0.16%	0.08%
	PG	C	1.18%	2.01%	1.18%
	PH	A	0.34%	0.22%	0.22%
	PHM	D	0.11%	0.04%	0.04%
	PII	F	0.01%	0.03%	0.01%
	PNC	B	0.31%	0.66%	0.31%
	PNR	A	0.07%	0.04%	0.04%
	PNW	A	0.04%	0.09%	0.04%
	PPG	F	0.11%	0.14%	0.11%
	PRGO	C	0.01%	0.03%	0.01%
	PRI	B	0.04%	0.03%	0.03%
	PSX	C	0.2%	0.44%	0.2%
	PWR	B	0.13%	0.02%	0.02%
	QCOM	F	0.05%	0.89%	0.05%
	R	B	0.03%	0.04%	0.03%
	RGA	A	0.06%	0.06%	0.06%
	RGLD	C	0.04%	0.03%	0.03%
	RHI	B	0.03%	0.06%	0.03%
	RJF	A	0.12%	0.1%	0.1%
	RLI	A	0.03%	0.01%	0.01%
	RMD	C	0.1%	0.07%	0.07%
	RNR	D	0.05%	0.02%	0.02%
	ROK	B	0.11%	0.14%	0.11%
	ROP	A	0.23%	0.08%	0.08%
	ROST	D	0.14%	0.1%	0.1%
	RPM	A	0.05%	0.06%	0.05%
	RRX	B	0.05%	0.03%	0.03%
	RS	C	0.07%	0.07%	0.07%
	RSG	B	0.17%	0.1%	0.1%
	RTX	D	0.63%	0.76%	0.63%
	SBUX	B	0.1%	0.57%	0.1%
	SCI	B	0.05%	0.04%	0.04%
	SEIC	A	0.03%	0.03%	0.03%
	SF	A	0.04%	0.05%	0.04%
	SHW	A	0.03%	0.16%	0.03%
	SIRI	C	0.02%	0.01%	0.01%
	SJM	F	0.05%	0.1%	0.05%
	SLGN	B	0.02%	0.02%	0.02%
	SNA	A	0.07%	0.11%	0.07%
	SNX	C	0.04%	0.02%	0.02%
	SO	D	0.37%	0.69%	0.37%
	SON	F	0.02%	0.04%	0.02%
	SPGI	C	0.61%	0.25%	0.25%
	SRE	B	0.22%	0.39%	0.22%
	SSD	F	0.03%	0.01%	0.01%
	SSNC	C	0.06%	0.05%	0.05%
	STE	D	0.08%	0.04%	0.04%
	STLD	C	0.08%	0.08%	0.08%
	STT	B	0.11%	0.21%	0.11%
	STZ	D	0.14%	0.14%	0.14%
	SWK	F	0.05%	0.1%	0.05%
	SWKS	F	0.06%	0.09%	0.06%
	SYF	B	0.1%	0.13%	0.1%
	SYK	A	0.37%	0.26%	0.26%
	SYY	D	0.06%	0.23%	0.06%
	TGT	C	0.27%	0.48%	0.27%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.02%	0.02%	0.02%
	TKR	F	0.02%	0.02%	0.02%
	TMO	F	0.81%	0.12%	0.12%
	TRV	B	0.23%	0.24%	0.23%
	TT	B	0.24%	0.19%	0.19%
	TTC	F	0.03%	0.04%	0.03%
	TTEK	F	0.04%	0.01%	0.01%
	UNH	B	2.03%	1.79%	1.79%
	UNM	A	0.05%	0.08%	0.05%
	UNP	D	0.3%	0.72%	0.3%
	UPS	C	0.37%	1.12%	0.37%
	VMC	B	0.11%	0.07%	0.07%
	VOYA	B	0.03%	0.04%	0.03%
	WAL	B	0.04%	0.04%	0.04%
	WEC	B	0.12%	0.24%	0.12%
	WLK	F	0.02%	0.02%	0.02%
	WMS	F	0.02%	0.01%	0.01%
	WMT	A	1.42%	0.86%	0.86%
	WRB	B	0.07%	0.02%	0.02%
	WSM	F	0.03%	0.06%	0.03%
	WSO	B	0.07%	0.1%	0.07%
	WST	B	0.04%	0.01%	0.01%
	WTFC	B	0.03%	0.03%	0.03%
	WTRG	C	0.04%	0.07%	0.04%
	WTW	A	0.12%	0.09%	0.09%
	XEL	A	0.14%	0.28%	0.14%
	XOM	B	2.09%	3.05%	2.09%
	XRAY	F	0.01%	0.02%	0.01%
	XYL	F	0.12%	0.07%	0.07%
	YUM	B	0.09%	0.17%	0.09%
	ZION	B	0.03%	0.07%	0.03%
	ZTS	D	0.05%	0.16%	0.05%

IWD Overweight 556 Positions Relative to DGRO

	Symbol	Grade	Weight
	BRK.A	B	3.26%
	WFC	A	0.94%
	PM	B	0.75%
	DIS	B	0.7%
	TXN	B	0.68%
	VZ	D	0.66%
	T	A	0.62%
	GE	D	0.61%
	PFE	F	0.58%
	BSX	A	0.5%
	MU	D	0.47%
	TMUS	A	0.44%
	INTC	C	0.43%
	PLD	D	0.41%
	SCHW	B	0.38%
	DE	D	0.38%
	MO	A	0.36%
	GEV	B	0.36%
	BA	F	0.34%
	PYPL	A	0.33%
	FI	A	0.32%
	EQIX	B	0.32%
	WELL	B	0.32%
	REGN	F	0.31%
	AMD	F	0.31%
	CI	D	0.31%
	USB	B	0.3%
	KKR	B	0.28%
	MRVL	B	0.28%
	CRH	B	0.27%
	CVS	F	0.27%
	COF	B	0.27%
	FCX	F	0.26%
	VRTX	B	0.26%
	WMB	B	0.26%
	CARR	C	0.25%
	MAR	A	0.25%
	FDX	B	0.25%
	SLB	C	0.24%
	GM	B	0.24%
	OKE	A	0.24%
	CEG	D	0.24%
	TDG	D	0.23%
	DLR	C	0.23%
	TFC	B	0.23%
	MMM	C	0.23%
	JCI	A	0.22%
	MPC	D	0.21%
	TJX	A	0.21%
	NEM	F	0.2%
	KMI	B	0.2%
	D	D	0.19%
	AIG	B	0.19%
	O	D	0.19%
	PSA	D	0.18%
	CRM	B	0.18%
	CCI	F	0.18%
	SPG	A	0.17%
	F	C	0.17%
	HWM	B	0.17%
	VLO	C	0.17%
	PRU	B	0.17%
	PCG	A	0.17%
	URI	B	0.17%
	KVUE	A	0.17%
	LEN	D	0.16%
	CBRE	B	0.16%
	EA	A	0.16%
	BKR	B	0.16%
	EXC	C	0.15%
	DAL	A	0.15%
	MSTR	B	0.15%
	CTSH	A	0.15%
	EXR	D	0.14%
	WAB	B	0.14%
	DD	D	0.14%
	GIS	F	0.14%
	ACGL	C	0.14%
	KDP	C	0.14%
	CHTR	B	0.14%
	DOW	F	0.13%
	VICI	D	0.13%
	AVB	B	0.13%
	OXY	F	0.13%
	FANG	C	0.13%
	GEHC	D	0.13%
	RCL	A	0.13%
	IQV	F	0.13%
	ON	F	0.12%
	PAYX	B	0.12%
	TTWO	A	0.12%
	DELL	C	0.12%
	CSGP	F	0.12%
	FITB	A	0.12%
	CNC	F	0.12%
	EW	F	0.12%
	MTD	F	0.11%
	EQR	C	0.11%
	GPN	B	0.11%
	HPE	B	0.11%
	UAL	A	0.11%
	KEYS	C	0.11%
	KHC	F	0.11%
	HLT	A	0.11%
	ANSS	B	0.11%
	HBAN	A	0.1%
	BIIB	F	0.1%
	HAL	C	0.1%
	TROW	A	0.1%
	FCNCA	B	0.1%
	VTR	C	0.1%
	FTV	C	0.1%
	EFX	F	0.1%
	LDOS	C	0.1%
	NVR	D	0.1%
	SW	B	0.1%
	LYB	F	0.09%
	WBD	B	0.09%
	TDY	B	0.09%
	WDC	D	0.09%
	EQT	B	0.09%
	LNG	B	0.09%
	WY	F	0.09%
	RF	A	0.09%
	IFF	F	0.09%
	FE	D	0.09%
	PGR	A	0.09%
	SBAC	D	0.09%
	CCL	B	0.09%
	ILMN	C	0.09%
	SQ	B	0.09%
	PPL	A	0.09%
	DVN	F	0.09%
	ARE	F	0.08%
	IP	B	0.08%
	COO	D	0.08%
	HOOD	B	0.08%
	LH	B	0.08%
	INVH	D	0.08%
	FSLR	F	0.08%
	CFG	B	0.08%
	CBOE	D	0.08%
	EXE	A	0.08%
	APO	B	0.08%
	PKG	B	0.08%
	ZM	B	0.08%
	ZBH	C	0.08%
	CVNA	B	0.07%
	KEY	B	0.07%
	TRMB	B	0.07%
	UTHR	B	0.07%
	IBKR	A	0.07%
	HOLX	D	0.07%
	CTRA	B	0.07%
	MAA	C	0.07%
	BALL	D	0.07%
	LUV	B	0.07%
	BBY	C	0.07%
	CNP	B	0.07%
	ESS	C	0.07%
	BLDR	C	0.07%
	TRU	D	0.07%
	VLTO	D	0.06%
	EME	B	0.06%
	COHR	C	0.06%
	VRSN	C	0.06%
	UDR	C	0.06%
	AMCR	D	0.06%
	L	A	0.06%
	ACM	B	0.06%
	IRM	D	0.06%
	RVTY	C	0.06%
	MRNA	F	0.06%
	APTV	F	0.06%
	AVTR	F	0.06%
	CF	B	0.06%
	USFD	B	0.06%
	VTRS	B	0.06%
	SUI	F	0.06%
	THC	B	0.06%
	DOC	C	0.06%
	MRO	B	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	GEN	B	0.06%
	MKL	A	0.06%
	KIM	A	0.06%
	TXT	D	0.06%
	TSN	B	0.06%
	Z	B	0.05%
	TECH	D	0.05%
	NRG	C	0.05%
	BJ	B	0.05%
	TPR	A	0.05%
	UHS	D	0.05%
	NTNX	B	0.05%
	EPAM	B	0.05%
	BG	D	0.05%
	WPC	F	0.05%
	FTI	B	0.05%
	DLTR	F	0.05%
	AMH	C	0.05%
	INCY	B	0.05%
	CACI	C	0.05%
	HST	D	0.05%
	CPT	C	0.05%
	TWLO	B	0.05%
	BMRN	F	0.05%
	JNPR	D	0.05%
	GLPI	D	0.05%
	BXP	D	0.05%
	ELS	B	0.05%
	CLH	B	0.05%
	AKAM	F	0.05%
	CAG	F	0.05%
	REG	A	0.05%
	JBL	C	0.05%
	EVRG	A	0.05%
	HES	B	0.05%
	FFIV	B	0.05%
	PNFP	B	0.04%
	BRBR	A	0.04%
	TW	B	0.04%
	X	D	0.04%
	TFX	F	0.04%
	CNH	D	0.04%
	GME	C	0.04%
	REXR	F	0.04%
	EL	F	0.04%
	KNX	C	0.04%
	DRI	B	0.04%
	FRT	B	0.04%
	DTM	A	0.04%
	WBS	A	0.04%
	NLY	C	0.04%
	SOLV	C	0.04%
	LKQ	C	0.04%
	RPRX	F	0.04%
	AYI	A	0.04%
	FOXA	A	0.04%
	OHI	C	0.04%
	EHC	B	0.04%
	CIEN	B	0.04%
	ARMK	B	0.04%
	BKNG	A	0.04%
	ALSN	B	0.04%
	TAP	B	0.04%
	DOX	C	0.04%
	FTNT	B	0.04%
	WWD	B	0.04%
	BLD	F	0.04%
	FWONK	A	0.04%
	CTLT	D	0.04%
	AFRM	B	0.04%
	FHN	A	0.04%
	CUBE	D	0.04%
	DAY	B	0.04%
	CRL	C	0.04%
	CCK	D	0.04%
	KMX	B	0.04%
	NWSA	B	0.04%
	SOFI	B	0.04%
	AA	C	0.04%
	PFGC	B	0.04%
	CG	B	0.04%
	COLD	F	0.03%
	PARA	B	0.03%
	WBA	D	0.03%
	IVZ	B	0.03%
	AZPN	A	0.03%
	DINO	D	0.03%
	DOCS	B	0.03%
	QRVO	F	0.03%
	MAT	C	0.03%
	FND	F	0.03%
	RGEN	C	0.03%
	WH	A	0.03%
	BBWI	C	0.03%
	HR	C	0.03%
	STAG	D	0.03%
	VMI	B	0.03%
	OKTA	C	0.03%
	WEX	D	0.03%
	ALGN	D	0.03%
	GXO	B	0.03%
	ELAN	C	0.03%
	MOH	F	0.03%
	FR	D	0.03%
	BIO	C	0.03%
	AGNC	C	0.03%
	FCN	F	0.03%
	ATI	F	0.03%
	VFC	C	0.03%
	MKSI	C	0.03%
	ESAB	B	0.03%
	COKE	C	0.03%
	MIDD	D	0.03%
	SKX	F	0.03%
	KEX	A	0.03%
	ADC	A	0.03%
	DASH	A	0.03%
	JAZZ	B	0.03%
	MHK	D	0.03%
	BWA	B	0.03%
	MTSI	B	0.03%
	PR	C	0.03%
	SAIC	D	0.03%
	MNST	B	0.03%
	BERY	D	0.03%
	RRC	B	0.03%
	NNN	F	0.03%
	FLS	B	0.03%
	MTCH	F	0.03%
	ROKU	C	0.03%
	APA	F	0.03%
	WYNN	C	0.03%
	VNO	C	0.03%
	ACI	C	0.03%
	LBRDK	C	0.03%
	SNV	B	0.03%
	TKO	D	0.03%
	CART	C	0.03%
	CHRD	D	0.03%
	LAMR	D	0.03%
	AAL	B	0.03%
	FYBR	D	0.03%
	AR	B	0.03%
	APG	C	0.03%
	COIN	B	0.03%
	OGE	B	0.03%
	EGP	D	0.03%
	BRX	A	0.03%
	CR	B	0.03%
	MGM	D	0.03%
	FICO	B	0.03%
	HSIC	F	0.03%
	GWRE	A	0.03%
	RIVN	F	0.03%
	JLL	C	0.03%
	CZR	F	0.03%
	GPK	D	0.03%
	KBR	D	0.03%
	AXTA	A	0.03%
	WAT	B	0.03%
	CPB	F	0.03%
	ALLY	C	0.03%
	WCC	B	0.03%
	RL	B	0.03%
	GMED	B	0.03%
	PTC	B	0.03%
	MTZ	B	0.03%
	RBC	B	0.03%
	VNOM	C	0.02%
	ALNY	D	0.02%
	DXC	B	0.02%
	TYL	B	0.02%
	IAC	F	0.02%
	HOG	D	0.02%
	RH	C	0.02%
	CLF	F	0.02%
	KMPR	A	0.02%
	OGN	F	0.02%
	LINE	F	0.02%
	TPG	B	0.02%
	AN	C	0.02%
	GTES	B	0.02%
	SITE	D	0.02%
	M	C	0.02%
	PAYC	B	0.02%
	GAP	B	0.02%
	GFS	C	0.02%
	EEFT	C	0.02%
	DBX	B	0.02%
	RYN	F	0.02%
	AZO	B	0.02%
	WTM	A	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	CROX	F	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	UGI	D	0.02%
	BYD	A	0.02%
	SLM	A	0.02%
	ROIV	D	0.02%
	HXL	F	0.02%
	WSC	F	0.02%
	PSN	C	0.02%
	OLN	F	0.02%
	CCCS	B	0.02%
	LEA	F	0.02%
	POST	D	0.02%
	ORLY	A	0.02%
	FOX	A	0.02%
	RITM	C	0.02%
	SN	C	0.02%
	CRUS	F	0.02%
	LITE	B	0.02%
	EXAS	F	0.02%
	GNRC	B	0.02%
	BFAM	F	0.02%
	JHG	A	0.02%
	FNB	B	0.02%
	PVH	C	0.02%
	AMG	B	0.02%
	H	B	0.02%
	WHR	B	0.02%
	LNC	B	0.02%
	BILL	B	0.02%
	BEN	C	0.02%
	SAIA	B	0.02%
	OLLI	C	0.02%
	STWD	C	0.02%
	MTDR	B	0.02%
	VNT	C	0.02%
	OMF	A	0.02%
	KD	A	0.02%
	COLB	A	0.02%
	ARW	F	0.02%
	S	B	0.02%
	ESI	B	0.02%
	ALK	A	0.02%
	NOV	C	0.02%
	DAR	B	0.02%
	ONTO	F	0.02%
	CERT	F	0.01%
	NCNO	B	0.01%
	LBRDA	C	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	TRIP	D	0.01%
	TER	F	0.01%
	LEG	F	0.01%
	UA	B	0.01%
	INFA	F	0.01%
	WEN	C	0.01%
	GO	C	0.01%
	EXEL	B	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	LEN	D	0.01%
	CLVT	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	KSS	D	0.01%
	UAA	B	0.01%
	CNXC	F	0.01%
	LYFT	B	0.01%
	PPC	C	0.01%
	AZEK	B	0.01%
	ALAB	C	0.01%
	PSTG	D	0.01%
	ETSY	D	0.01%
	LCID	F	0.01%
	SAM	B	0.01%
	RCM	B	0.01%
	JWN	B	0.01%
	AAP	C	0.01%
	WU	F	0.01%
	ADT	C	0.01%
	RKT	F	0.01%
	CWEN	D	0.01%
	HAYW	B	0.01%
	YETI	D	0.01%
	BRKR	F	0.01%
	QDEL	F	0.01%
	CPRI	F	0.01%
	IPGP	C	0.01%
	PINC	B	0.01%
	GLOB	B	0.01%
	SHC	D	0.01%
	AZTA	F	0.01%
	ULTA	C	0.01%
	SPB	A	0.01%
	ENOV	C	0.01%
	AGR	C	0.01%
	MP	C	0.01%
	EXP	B	0.01%
	HHH	B	0.01%
	ALGM	F	0.01%
	CC	C	0.01%
	COTY	D	0.01%
	CXT	F	0.01%
	VIRT	B	0.01%
	SEE	C	0.01%
	LLYVK	B	0.01%
	CNM	D	0.01%
	MPW	F	0.01%
	NSA	D	0.01%
	PK	C	0.01%
	PENN	B	0.01%
	SMG	D	0.01%
	AMKR	F	0.01%
	AMED	F	0.01%
	BROS	B	0.01%
	BHF	B	0.01%
	SPR	F	0.01%
	AM	B	0.01%
	IRDM	B	0.01%
	LBTYK	F	0.01%
	HUN	F	0.01%
	LBTYA	F	0.01%
	VAC	B	0.01%
	CPRT	A	0.01%
	MASI	B	0.01%
	ZG	B	0.01%
	EPR	D	0.01%
	U	F	0.01%
	LOPE	B	0.01%
	FHB	B	0.01%
	NVST	C	0.01%
	HIW	D	0.01%
	NWS	B	0.01%
	TNL	A	0.01%
	W	F	0.01%
	ACHC	F	0.01%
	ZI	C	0.01%
	DNB	B	0.01%
	PLNT	A	0.01%
	NEU	C	0.01%
	UHAL	D	0.01%
	CIVI	D	0.01%
	NWL	B	0.01%
	MSGS	B	0.01%
	LOAR	C	0.0%
	UWMC	F	0.0%
	SEG	F	0.0%
	PARAA	B	0.0%
	NFE	F	0.0%
	UHAL	D	0.0%
	GRAL	B	0.0%
	LAZ	C	0.0%
	IONS	F	0.0%
	TXG	F	0.0%
	PLTK	B	0.0%
	CACC	D	0.0%
	CHH	B	0.0%
	DJT	C	0.0%
	UI	B	0.0%
	SEB	F	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	FIVE	F	0.0%
	CAR	C	0.0%
	CWEN	D	0.0%
	LSCC	D	0.0%
	HCP	A	0.0%
	CNA	C	0.0%
	MTN	C	0.0%
	FWONA	B	0.0%
	PYCR	B	0.0%
	HAS	D	0.0%
	AS	B	0.0%
	DV	C	0.0%
	LLYVA	B	0.0%
	WOLF	F	0.0%

IWD Underweight 104 Positions Relative to DGRO

	Symbol	Grade	Weight
	MSFT	C	-2.86%
	AAPL	C	-2.79%
	AVGO	C	-2.51%
	MRK	F	-1.55%
	LLY	F	-0.86%
	V	A	-0.84%
	ORCL	A	-0.68%
	MA	B	-0.52%
	COST	B	-0.47%
	WM	A	-0.26%
	INTU	A	-0.24%
	NXPI	F	-0.24%
	LRCX	F	-0.24%
	TEL	B	-0.19%
	ARES	B	-0.18%
	KLAC	F	-0.16%
	MCO	C	-0.12%
	VST	B	-0.11%
	TSCO	D	-0.11%
	COR	B	-0.08%
	BAH	C	-0.07%
	EQH	B	-0.06%
	POR	D	-0.05%
	MPWR	F	-0.05%
	VRSK	A	-0.05%
	ODFL	B	-0.05%
	TXNM	A	-0.04%
	LII	B	-0.04%
	SR	C	-0.04%
	NJR	A	-0.04%
	HOMB	A	-0.04%
	SSB	B	-0.04%
	POOL	D	-0.04%
	TXRH	A	-0.04%
	GBCI	B	-0.04%
	ESNT	D	-0.03%
	LCII	D	-0.03%
	CATY	B	-0.03%
	CBT	C	-0.03%
	FFIN	B	-0.03%
	KTB	A	-0.03%
	OGS	B	-0.03%
	TPL	B	-0.03%
	AWR	C	-0.02%
	HI	C	-0.02%
	MGEE	B	-0.02%
	CADE	B	-0.02%
	SFBS	B	-0.02%
	NSP	F	-0.02%
	AIT	A	-0.02%
	LANC	C	-0.02%
	OTTR	C	-0.02%
	UMBF	B	-0.02%
	CNO	B	-0.02%
	GATX	B	-0.02%
	WD	D	-0.02%
	SIGI	B	-0.02%
	UFPI	B	-0.02%
	HLNE	B	-0.02%
	FBP	B	-0.02%
	AVNT	B	-0.02%
	UCB	B	-0.02%
	ERIE	F	-0.02%
	KWR	C	-0.01%
	WING	D	-0.01%
	AIN	C	-0.01%
	GOLF	B	-0.01%
	BCPC	B	-0.01%
	AAON	B	-0.01%
	CHDN	B	-0.01%
	GPI	B	-0.01%
	BCC	B	-0.01%
	IOSP	B	-0.01%
	BRC	B	-0.01%
	WHD	B	-0.01%
	BANF	B	-0.01%
	FELE	B	-0.01%
	BMI	B	-0.01%
	FUL	F	-0.01%
	MORN	B	-0.01%
	POWI	D	-0.01%
	JJSF	C	-0.01%
	TEX	D	-0.01%
	WTS	B	-0.01%
	MGRC	B	-0.01%
	WDFC	B	-0.01%
	FIX	B	-0.01%
	FCFS	F	-0.01%
	RUSHA	B	-0.01%
	EXPO	D	-0.01%
	IPAR	B	-0.01%
	SHOO	D	-0.01%
	MATX	B	-0.01%
	CWT	D	-0.01%
	ABM	B	-0.01%
	RUSHB	B	-0.0%
	ENSG	C	-0.0%
	HEI	A	-0.0%
	KNSL	C	-0.0%
	HEI	A	-0.0%
	NNI	C	-0.0%
	CSWI	B	-0.0%
	KAI	B	-0.0%
	WOR	F	-0.0%

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 Medicine Beverage Biotechnology Dow Jones Component

DGRO: Top Represented Industries & Keywords

Industries: Diversified Industrials Banks - Regional - US Utilities - Regulated Electric Specialty Chemicals Business Services Capital Markets Insurance - Property & Casualty Asset Management Packaged Foods Building Materials Semiconductors Aerospace & Defense Credit Services Drug Manufacturers - Major Insurance - Life Insurance Brokers Medical Instruments & Supplies Restaurants Tools & Accessories Utilities - Diversified

Keywords: S&P 500 Insurance Natural Gas Nasdaq 100 Chemical Electronics Banking Bank Electricity Mining Dow Jones Component Insurance Products Aerospace Plastic Investment Bank Beverage Commercial Banking Financial Products Building Materials Disability