IWD vs. DLN ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to WisdomTree LargeCap Dividend Fund (DLN)

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

$189.62

Average Daily Volume

1,543,421

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

DLN

WisdomTree LargeCap Dividend Fund

DLN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree LargeCap Dividend Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of the large-capitalization segment of the U.S. dividend-paying market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.64

Average Daily Volume

92,320

Number of Holdings ^*

300

* may have additional holdings in another (foreign) market

Performance

Period	IWD	DLN
30 Days	2.56%	2.95%
60 Days	9.52%	9.86%
90 Days	9.70%	7.96%
12 Months	30.25%	33.32%

265 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in DLN	Overlap
	A	B	0.17%	0.04%	0.04%
	ABBV	C	0.79%	2.65%	0.79%
	ABT	C	0.78%	0.48%	0.48%
	ADI	B	0.44%	0.28%	0.28%
	ADM	F	0.11%	0.1%	0.1%
	ADP	A	0.03%	0.36%	0.03%
	AEE	A	0.09%	0.14%	0.09%
	AEP	C	0.21%	0.31%	0.21%
	AFL	A	0.25%	0.31%	0.25%
	AIG	C	0.19%	0.15%	0.15%
	AJG	C	0.23%	0.07%	0.07%
	ALL	A	0.17%	0.17%	0.17%
	AMAT	C	0.05%	0.18%	0.05%
	AME	C	0.15%	0.05%	0.05%
	AMGN	D	0.15%	0.69%	0.15%
	AMP	A	0.02%	0.14%	0.02%
	APD	C	0.26%	0.21%	0.21%
	APH	D	0.12%	0.15%	0.12%
	APO	A	0.07%	0.18%	0.07%
	ARE	D	0.08%	0.11%	0.08%
	ATO	A	0.08%	0.11%	0.08%
	AVB	C	0.13%	0.21%	0.13%
	AVY	D	0.04%	0.04%	0.04%
	AWK	D	0.11%	0.07%	0.07%
	AXP	A	0.37%	0.36%	0.36%
	BAC	B	1.06%	1.25%	1.06%
	BALL	C	0.08%	0.04%	0.04%
	BBY	C	0.09%	0.13%	0.09%
	BDX	C	0.28%	0.14%	0.14%
	BK	A	0.21%	0.25%	0.21%
	BKNG	B	0.03%	0.3%	0.03%
	BKR	B	0.15%	0.11%	0.11%
	BLK	A	0.55%	0.47%	0.47%
	BMY	A	0.43%	0.58%	0.43%
	BR	B	0.01%	0.08%	0.01%
	BRO	A	0.06%	0.04%	0.04%
	C	B	0.47%	0.68%	0.47%
	CAH	B	0.04%	0.06%	0.04%
	CARR	A	0.26%	0.11%	0.11%
	CAT	A	0.65%	0.53%	0.53%
	CBOE	B	0.09%	0.05%	0.05%
	CCI	D	0.21%	0.33%	0.21%
	CDW	D	0.06%	0.05%	0.05%
	CEG	A	0.28%	0.1%	0.1%
	CHD	D	0.1%	0.03%	0.03%
	CI	D	0.35%	0.26%	0.26%
	CINF	A	0.08%	0.08%	0.08%
	CL	D	0.15%	0.4%	0.15%
	CMCSA	B	0.64%	0.97%	0.64%
	CME	A	0.32%	0.21%	0.21%
	CMI	A	0.18%	0.18%	0.18%
	CMS	A	0.08%	0.09%	0.08%
	CNP	B	0.08%	0.06%	0.06%
	COF	A	0.22%	0.15%	0.15%
	COP	D	0.51%	0.34%	0.34%
	CRM	B	0.15%	0.25%	0.15%
	CSCO	A	0.85%	1.37%	0.85%
	CSX	D	0.27%	0.11%	0.11%
	CTAS	C	0.01%	0.15%	0.01%
	CTSH	B	0.15%	0.08%	0.08%
	CVS	D	0.31%	0.33%	0.31%
	CVX	B	1.02%	1.61%	1.02%
	D	A	0.19%	0.38%	0.19%
	DAL	C	0.13%	0.04%	0.04%
	DD	C	0.15%	0.11%	0.11%
	DE	C	0.42%	0.23%	0.23%
	DELL	C	0.1%	0.07%	0.07%
	DFS	A	0.14%	0.12%	0.12%
	DGX	D	0.07%	0.05%	0.05%
	DHI	C	0.23%	0.07%	0.07%
	DHR	D	0.7%	0.19%	0.19%
	DIS	D	0.69%	0.19%	0.19%
	DLR	C	0.21%	0.21%	0.21%
	DOV	C	0.1%	0.05%	0.05%
	DOW	B	0.15%	0.28%	0.15%
	DRI	C	0.04%	0.13%	0.04%
	DTE	B	0.11%	0.12%	0.11%
	DUK	C	0.36%	0.49%	0.36%
	EA	D	0.15%	0.05%	0.05%
	EBAY	A	0.13%	0.1%	0.1%
	ECL	C	0.03%	0.15%	0.03%
	ED	C	0.14%	0.24%	0.14%
	EFX	D	0.11%	0.03%	0.03%
	EIX	C	0.13%	0.19%	0.13%
	ELV	F	0.4%	0.19%	0.19%
	EMR	B	0.25%	0.19%	0.19%
	EOG	B	0.29%	0.45%	0.29%
	EQIX	C	0.31%	0.22%	0.22%
	EQR	C	0.11%	0.15%	0.11%
	ES	D	0.09%	0.13%	0.09%
	ETR	A	0.11%	0.24%	0.11%
	EXC	C	0.16%	0.19%	0.16%
	EXPD	D	0.06%	0.04%	0.04%
	EXR	D	0.15%	0.21%	0.15%
	FANG	D	0.13%	0.09%	0.09%
	FAST	C	0.03%	0.18%	0.03%
	FCNCA	D	0.09%	0.02%	0.02%
	FDS	C	0.04%	0.02%	0.02%
	FDX	F	0.24%	0.16%	0.16%
	FE	C	0.1%	0.14%	0.1%
	FIS	A	0.19%	0.22%	0.19%
	FITB	C	0.11%	0.17%	0.11%
	FTV	C	0.11%	0.03%	0.03%
	GD	C	0.33%	0.22%	0.22%
	GE	B	0.63%	0.18%	0.18%
	GEHC	C	0.15%	0.04%	0.04%
	GILD	A	0.42%	0.5%	0.42%
	GIS	C	0.17%	0.2%	0.17%
	GLW	C	0.14%	0.19%	0.14%
	GM	D	0.2%	0.09%	0.09%
	GPC	D	0.08%	0.07%	0.07%
	GPN	F	0.1%	0.03%	0.03%
	GS	B	0.45%	0.68%	0.45%
	GWW	B	0.02%	0.09%	0.02%
	HAL	D	0.1%	0.06%	0.06%
	HBAN	B	0.08%	0.14%	0.08%
	HCA	C	0.23%	0.13%	0.13%
	HD	A	0.33%	2.07%	0.33%
	HES	D	0.05%	0.07%	0.05%
	HIG	A	0.14%	0.17%	0.14%
	HLT	A	0.11%	0.06%	0.06%
	HON	C	0.45%	0.56%	0.45%
	HPE	B	0.1%	0.08%	0.08%
	HPQ	B	0.1%	0.17%	0.1%
	HRL	F	0.04%	0.08%	0.04%
	HSY	D	0.1%	0.09%	0.09%
	HUBB	A	0.09%	0.04%	0.04%
	HUM	F	0.13%	0.04%	0.04%
	HWM	A	0.15%	0.04%	0.04%
	IBM	A	0.8%	1.52%	0.8%
	ICE	A	0.36%	0.25%	0.25%
	INVH	D	0.08%	0.08%	0.08%
	IR	A	0.16%	0.04%	0.04%
	IRM	B	0.06%	0.16%	0.06%
	ITW	C	0.19%	0.35%	0.19%
	J	F	0.07%	0.02%	0.02%
	JBHT	D	0.06%	0.02%	0.02%
	JNJ	D	1.55%	2.31%	1.55%
	JPM	C	2.35%	3.22%	2.35%
	K	B	0.08%	0.15%	0.08%
	KDP	C	0.16%	0.18%	0.16%
	KHC	F	0.12%	0.26%	0.12%
	KKR	A	0.25%	0.13%	0.13%
	KMB	D	0.11%	0.34%	0.11%
	KO	C	0.47%	1.89%	0.47%
	KR	C	0.15%	0.18%	0.15%
	KVUE	C	0.17%	0.22%	0.17%
	L	C	0.06%	0.02%	0.02%
	LEN	C	0.01%	0.06%	0.01%
	LEN	C	0.01%	0.01%	0.01%
	LEN	C	0.18%	0.06%	0.06%
	LEN	C	0.18%	0.01%	0.01%
	LHX	A	0.18%	0.13%	0.13%
	LMT	A	0.35%	0.54%	0.35%
	LNG	A	0.08%	0.08%	0.08%
	LOW	C	0.62%	0.66%	0.62%
	MAR	A	0.22%	0.15%	0.15%
	MCD	A	0.81%	1.01%	0.81%
	MCHP	F	0.16%	0.11%	0.11%
	MCK	F	0.15%	0.06%	0.06%
	MDLZ	D	0.39%	0.49%	0.39%
	MET	A	0.19%	0.26%	0.19%
	MKC	C	0.08%	0.07%	0.07%
	MLM	F	0.12%	0.03%	0.03%
	MMC	D	0.38%	0.3%	0.3%
	MO	D	0.35%	0.75%	0.35%
	MPC	D	0.23%	0.27%	0.23%
	MRO	B	0.06%	0.04%	0.04%
	MS	A	0.45%	0.96%	0.45%
	MSCI	B	0.07%	0.06%	0.06%
	MSI	A	0.15%	0.17%	0.15%
	MTB	A	0.11%	0.15%	0.11%
	MU	D	0.44%	0.1%	0.1%
	NDAQ	C	0.12%	0.06%	0.06%
	NKE	D	0.16%	0.2%	0.16%
	NOC	B	0.3%	0.16%	0.16%
	NSC	C	0.22%	0.17%	0.17%
	NTAP	D	0.05%	0.09%	0.05%
	NTRS	B	0.07%	0.09%	0.07%
	NUE	D	0.15%	0.06%	0.06%
	O	C	0.22%	0.31%	0.22%
	OKE	A	0.21%	0.36%	0.21%
	OMC	C	0.08%	0.09%	0.08%
	OTIS	A	0.17%	0.12%	0.12%
	OXY	D	0.14%	0.07%	0.07%
	PAYX	B	0.12%	0.27%	0.12%
	PCAR	D	0.2%	0.29%	0.2%
	PCG	C	0.17%	0.04%	0.04%
	PEG	A	0.18%	0.31%	0.18%
	PEP	F	0.2%	1.39%	0.2%
	PFG	A	0.08%	0.1%	0.08%
	PG	D	1.26%	1.99%	1.26%
	PGR	B	0.09%	0.13%	0.09%
	PH	A	0.32%	0.22%	0.22%
	PHM	C	0.12%	0.05%	0.05%
	PLD	D	0.46%	0.45%	0.45%
	PM	D	0.74%	1.33%	0.74%
	PNC	C	0.28%	0.42%	0.28%
	PPG	D	0.12%	0.11%	0.11%
	PPL	C	0.1%	0.11%	0.1%
	PRU	B	0.17%	0.29%	0.17%
	PSA	C	0.19%	0.35%	0.19%
	PSX	D	0.22%	0.23%	0.22%
	PWR	A	0.12%	0.04%	0.04%
	QCOM	D	0.05%	0.53%	0.05%
	RF	B	0.08%	0.15%	0.08%
	RJF	B	0.09%	0.05%	0.05%
	RMD	C	0.1%	0.05%	0.05%
	ROK	D	0.11%	0.07%	0.07%
	ROP	D	0.23%	0.05%	0.05%
	ROST	D	0.15%	0.07%	0.07%
	RS	D	0.07%	0.05%	0.05%
	RSG	D	0.16%	0.11%	0.11%
	RTX	A	0.66%	0.64%	0.64%
	SBAC	C	0.1%	0.04%	0.04%
	SBUX	B	0.1%	0.36%	0.1%
	SCHW	D	0.34%	0.22%	0.22%
	SHW	C	0.03%	0.15%	0.03%
	SO	A	0.39%	0.48%	0.39%
	SPG	A	0.16%	0.43%	0.16%
	SPGI	C	0.64%	0.18%	0.18%
	SRE	C	0.21%	0.23%	0.21%
	STLD	C	0.08%	0.04%	0.04%
	STT	A	0.1%	0.14%	0.1%
	STZ	D	0.16%	0.13%	0.13%
	SUI	D	0.07%	0.06%	0.06%
	SWKS	F	0.06%	0.05%	0.05%
	SYK	C	0.36%	0.26%	0.26%
	SYY	D	0.06%	0.21%	0.06%
	TGT	C	0.28%	0.29%	0.28%
	TJX	D	0.21%	0.4%	0.21%
	TMO	D	0.93%	0.22%	0.22%
	TMUS	A	0.4%	0.76%	0.4%
	TROW	D	0.09%	0.15%	0.09%
	TRV	B	0.21%	0.15%	0.15%
	TSN	D	0.07%	0.09%	0.07%
	TW	A	0.03%	0.01%	0.01%
	TXN	C	0.64%	0.78%	0.64%
	TXT	F	0.06%	0.02%	0.02%
	UNH	B	1.98%	1.41%	1.41%
	UNP	F	0.31%	0.44%	0.31%
	UPS	D	0.39%	0.52%	0.39%
	URI	C	0.16%	0.09%	0.09%
	USB	C	0.28%	0.45%	0.28%
	VICI	C	0.14%	0.3%	0.14%
	VLO	F	0.17%	0.19%	0.17%
	VLTO	A	0.06%	0.02%	0.02%
	VMC	D	0.1%	0.05%	0.05%
	VTR	C	0.1%	0.12%	0.1%
	WAB	A	0.13%	0.03%	0.03%
	WEC	B	0.12%	0.14%	0.12%
	WELL	C	0.31%	0.24%	0.24%
	WFC	B	0.77%	0.83%	0.77%
	WLK	C	0.02%	0.04%	0.02%
	WMB	A	0.22%	0.35%	0.22%
	WMT	A	1.4%	1.78%	1.4%
	WRB	C	0.07%	0.08%	0.07%
	WST	D	0.03%	0.02%	0.02%
	WY	C	0.1%	0.08%	0.08%
	XEL	C	0.14%	0.24%	0.14%
	XOM	A	2.14%	2.74%	2.14%
	XYL	C	0.13%	0.05%	0.05%
	YUM	C	0.1%	0.14%	0.1%
	ZBH	F	0.09%	0.02%	0.02%
	ZTS	C	0.06%	0.15%	0.06%

IWD Overweight 601 Positions Relative to DLN

	Symbol	Grade	Weight
	BRK.A	B	3.32%
	LIN	C	0.91%
	ACN	B	0.88%
	VZ	C	0.76%
	NEE	C	0.7%
	PFE	D	0.65%
	T	B	0.63%
	ETN	B	0.52%
	BSX	A	0.49%
	CB	A	0.47%
	MDT	C	0.46%
	REGN	D	0.4%
	INTC	D	0.38%
	AMD	C	0.35%
	PYPL	A	0.31%
	BA	F	0.3%
	FCX	B	0.29%
	GEV	A	0.28%
	FI	A	0.28%
	AON	A	0.27%
	TDG	A	0.25%
	CRH	C	0.25%
	NEM	C	0.25%
	VRTX	D	0.24%
	SLB	D	0.24%
	MMM	C	0.24%
	TT	A	0.23%
	MRVL	C	0.22%
	TFC	D	0.22%
	JCI	C	0.2%
	F	D	0.17%
	KMI	A	0.17%
	CTVA	A	0.16%
	ACGL	A	0.16%
	IQV	F	0.15%
	FERG	F	0.15%
	CBRE	C	0.15%
	CNC	F	0.15%
	CSGP	F	0.12%
	ON	F	0.12%
	WTW	C	0.12%
	CHTR	D	0.12%
	MTD	C	0.12%
	EW	F	0.12%
	GRMN	D	0.11%
	RCL	B	0.11%
	KEYS	B	0.11%
	ANSS	D	0.11%
	BIIB	F	0.11%
	NVR	C	0.11%
	LYB	B	0.1%
	DVN	F	0.1%
	SW	C	0.1%
	FSLR	C	0.1%
	TTWO	D	0.1%
	IFF	D	0.1%
	WDC	C	0.09%
	LDOS	A	0.09%
	STE	D	0.09%
	MSTR	B	0.09%
	TRU	C	0.08%
	PKG	B	0.08%
	APTV	D	0.08%
	SYF	A	0.08%
	WBD	F	0.08%
	EQT	C	0.08%
	TDY	A	0.08%
	ILMN	B	0.08%
	MRNA	F	0.08%
	COO	C	0.08%
	BLDR	C	0.08%
	SQ	D	0.08%
	AMCR	C	0.07%
	SWK	C	0.07%
	WSO	C	0.07%
	IP	C	0.07%
	AVTR	D	0.07%
	CSL	A	0.07%
	LUV	B	0.07%
	CCL	C	0.07%
	CTRA	D	0.07%
	CFG	C	0.07%
	ZM	B	0.07%
	MAA	D	0.07%
	UAL	A	0.07%
	HOLX	D	0.07%
	LH	D	0.07%
	MAS	C	0.07%
	CHK	C	0.07%
	DG	F	0.07%
	ESS	D	0.07%
	BAX	D	0.07%
	ACM	A	0.06%
	RNR	A	0.06%
	USFD	C	0.06%
	DLTR	F	0.06%
	RGA	B	0.06%
	EG	A	0.06%
	EL	D	0.06%
	AES	C	0.06%
	GGG	C	0.06%
	IBKR	A	0.06%
	ZBRA	B	0.06%
	GEN	A	0.06%
	UDR	C	0.06%
	VRSN	C	0.06%
	NDSN	C	0.06%
	TRMB	B	0.06%
	HOOD	B	0.06%
	SNA	C	0.06%
	AKAM	D	0.06%
	KEY	B	0.06%
	OC	C	0.06%
	KIM	C	0.06%
	RVTY	C	0.06%
	MKL	B	0.06%
	THC	D	0.06%
	CAG	D	0.06%
	NI	A	0.06%
	UTHR	C	0.06%
	LNT	B	0.06%
	TOL	C	0.06%
	DOC	C	0.06%
	SSNC	C	0.06%
	CF	A	0.06%
	PNR	C	0.06%
	FNF	C	0.06%
	IEX	D	0.06%
	NVT	C	0.05%
	NRG	A	0.05%
	KMX	F	0.05%
	TFX	C	0.05%
	CASY	D	0.05%
	COHR	B	0.05%
	IPG	D	0.05%
	RPM	A	0.05%
	FTI	B	0.05%
	CUBE	C	0.05%
	BLD	D	0.05%
	JBL	C	0.05%
	EME	B	0.05%
	TECH	D	0.05%
	ITT	C	0.05%
	HST	D	0.05%
	CLH	B	0.05%
	CVNA	A	0.05%
	SJM	D	0.05%
	BXP	B	0.05%
	ALLE	A	0.05%
	JNPR	C	0.05%
	CPT	C	0.05%
	CHRW	C	0.05%
	FFIV	B	0.05%
	CW	A	0.05%
	AMH	D	0.05%
	ELS	D	0.05%
	EMN	C	0.05%
	UHS	D	0.05%
	JKHY	A	0.05%
	BMRN	F	0.05%
	REG	C	0.05%
	WPC	C	0.05%
	GLPI	C	0.05%
	VTRS	D	0.05%
	EVRG	C	0.05%
	BG	F	0.05%
	CIEN	A	0.04%
	NYT	C	0.04%
	SNX	C	0.04%
	GPK	D	0.04%
	DCI	B	0.04%
	FTNT	A	0.04%
	NNN	C	0.04%
	INGR	B	0.04%
	EGP	D	0.04%
	AFRM	C	0.04%
	WAL	C	0.04%
	EVR	C	0.04%
	TTC	F	0.04%
	MGM	D	0.04%
	HSIC	D	0.04%
	AYI	A	0.04%
	GL	C	0.04%
	SF	A	0.04%
	PRI	A	0.04%
	SOLV	C	0.04%
	CPB	D	0.04%
	APA	F	0.04%
	WYNN	B	0.04%
	RGLD	C	0.04%
	FRT	D	0.04%
	QRVO	F	0.04%
	MKTX	B	0.04%
	CG	B	0.04%
	EHC	C	0.04%
	FOXA	B	0.04%
	CNH	C	0.04%
	MTCH	B	0.04%
	WTRG	D	0.04%
	DPZ	D	0.04%
	AFG	A	0.04%
	NTNX	C	0.04%
	CRL	F	0.04%
	NLY	C	0.04%
	AA	B	0.04%
	TTEK	A	0.04%
	ARMK	C	0.04%
	FWONK	D	0.04%
	NWSA	D	0.04%
	OHI	C	0.04%
	DOX	B	0.04%
	TAP	D	0.04%
	WWD	C	0.04%
	EPAM	F	0.04%
	INCY	B	0.04%
	Z	C	0.04%
	PFGC	A	0.04%
	PNW	C	0.04%
	UNM	A	0.04%
	DKS	D	0.04%
	HII	F	0.04%
	AIZ	B	0.04%
	LKQ	F	0.04%
	TPR	B	0.04%
	OVV	D	0.04%
	REXR	D	0.04%
	ATR	A	0.04%
	AOS	C	0.04%
	FBIN	C	0.04%
	RRX	B	0.04%
	CTLT	A	0.04%
	CE	D	0.04%
	EWBC	B	0.04%
	RPRX	D	0.04%
	BJ	B	0.04%
	CACI	A	0.04%
	ALB	D	0.04%
	SCI	D	0.04%
	CCK	C	0.04%
	AZPN	A	0.03%
	IVZ	A	0.03%
	LW	D	0.03%
	CFR	B	0.03%
	MSA	F	0.03%
	LFUS	C	0.03%
	NOV	F	0.03%
	CRUS	D	0.03%
	OSK	F	0.03%
	OKTA	F	0.03%
	CGNX	F	0.03%
	BIO	B	0.03%
	FAF	C	0.03%
	MAT	B	0.03%
	MTG	A	0.03%
	LBRDK	C	0.03%
	ZION	D	0.03%
	SOFI	C	0.03%
	LSTR	F	0.03%
	AAL	D	0.03%
	MKSI	F	0.03%
	JAZZ	F	0.03%
	BFAM	C	0.03%
	WTFC	B	0.03%
	HR	D	0.03%
	FLS	A	0.03%
	GNTX	D	0.03%
	WMS	D	0.03%
	CBSH	D	0.03%
	RHI	D	0.03%
	VNO	B	0.03%
	CROX	C	0.03%
	G	A	0.03%
	RGEN	F	0.03%
	CART	B	0.03%
	VFC	A	0.03%
	DINO	F	0.03%
	ARW	C	0.03%
	STAG	D	0.03%
	BBWI	F	0.03%
	SEIC	B	0.03%
	PNFP	B	0.03%
	FICO	C	0.03%
	PR	D	0.03%
	HRB	C	0.03%
	SAIC	A	0.03%
	KEX	C	0.03%
	ELAN	D	0.03%
	WCC	D	0.03%
	FR	D	0.03%
	RRC	D	0.03%
	SSD	B	0.03%
	MOH	F	0.03%
	MIDD	D	0.03%
	ONTO	B	0.03%
	MNST	D	0.03%
	APG	F	0.03%
	ADC	C	0.03%
	EXAS	C	0.03%
	LECO	D	0.03%
	HLI	A	0.03%
	CR	A	0.03%
	ALGN	D	0.03%
	AGNC	B	0.03%
	MTZ	A	0.03%
	DTM	A	0.03%
	BERY	C	0.03%
	WBS	D	0.03%
	CMA	C	0.03%
	WEX	C	0.03%
	RL	B	0.03%
	JEF	A	0.03%
	ACI	F	0.03%
	WSM	C	0.03%
	AXTA	C	0.03%
	X	F	0.03%
	GMED	B	0.03%
	CHE	D	0.03%
	COKE	C	0.03%
	COLD	D	0.03%
	ROKU	C	0.03%
	BRBR	A	0.03%
	BWA	C	0.03%
	VOYA	A	0.03%
	SKX	B	0.03%
	FCN	C	0.03%
	GWRE	A	0.03%
	KBR	A	0.03%
	FND	C	0.03%
	BWXT	A	0.03%
	CHRD	F	0.03%
	ATI	C	0.03%
	FMC	C	0.03%
	OGE	C	0.03%
	FHN	D	0.03%
	DAY	C	0.03%
	WAT	B	0.03%
	ALLY	F	0.03%
	GME	D	0.03%
	PTC	B	0.03%
	AR	C	0.03%
	TKO	A	0.03%
	KNX	D	0.03%
	BRX	C	0.03%
	MHK	C	0.03%
	ALSN	A	0.03%
	LAMR	C	0.03%
	RBC	C	0.03%
	RIVN	F	0.03%
	LAD	C	0.03%
	JLL	C	0.03%
	FYBR	C	0.03%
	TWLO	B	0.03%
	MOS	F	0.03%
	CZR	B	0.03%
	ORI	A	0.03%
	IAC	C	0.02%
	AWI	A	0.02%
	GFS	F	0.02%
	MSM	D	0.02%
	ALNY	C	0.02%
	HUN	B	0.02%
	BILL	D	0.02%
	RH	C	0.02%
	UHAL	C	0.02%
	CLF	D	0.02%
	AGO	B	0.02%
	LITE	A	0.02%
	DBX	C	0.02%
	SITE	D	0.02%
	M	D	0.02%
	GAP	F	0.02%
	PII	D	0.02%
	FLO	D	0.02%
	ASH	F	0.02%
	FRPT	A	0.02%
	SLGN	B	0.02%
	EEFT	F	0.02%
	BYD	B	0.02%
	OZK	D	0.02%
	DLB	D	0.02%
	CUZ	C	0.02%
	KRC	C	0.02%
	WTM	C	0.02%
	AN	D	0.02%
	HOG	D	0.02%
	AL	D	0.02%
	AZO	D	0.02%
	OLED	B	0.02%
	RYN	C	0.02%
	LINE	F	0.02%
	GNRC	B	0.02%
	SAIA	D	0.02%
	CPRI	C	0.02%
	SLM	B	0.02%
	PSN	A	0.02%
	AVT	B	0.02%
	FNB	D	0.02%
	OGN	F	0.02%
	WSC	D	0.02%
	ROIV	D	0.02%
	JHG	A	0.02%
	DOCS	A	0.02%
	CCCS	D	0.02%
	W	C	0.02%
	HXL	F	0.02%
	KD	D	0.02%
	LNC	B	0.02%
	UGI	C	0.02%
	OMF	D	0.02%
	FOX	B	0.02%
	VNT	F	0.02%
	COIN	F	0.02%
	IDA	D	0.02%
	ORLY	A	0.02%
	ST	F	0.02%
	COLB	C	0.02%
	XRAY	D	0.02%
	S	C	0.02%
	THG	A	0.02%
	PVH	D	0.02%
	TKR	B	0.02%
	SON	D	0.02%
	WH	C	0.02%
	MTDR	D	0.02%
	NFG	A	0.02%
	MDU	C	0.02%
	AMG	B	0.02%
	SIRI	C	0.02%
	OLN	D	0.02%
	H	B	0.02%
	RITM	D	0.02%
	THO	C	0.02%
	BEN	F	0.02%
	SRCL	B	0.02%
	BC	C	0.02%
	WHR	C	0.02%
	ALK	C	0.02%
	ACHC	F	0.02%
	VMI	B	0.02%
	SN	A	0.02%
	POST	C	0.02%
	DAR	F	0.02%
	OLLI	C	0.02%
	ESAB	C	0.02%
	GXO	D	0.02%
	MTSI	B	0.02%
	ESI	C	0.02%
	SNV	D	0.02%
	LEA	F	0.02%
	AGCO	D	0.02%
	AXS	A	0.02%
	BPOP	D	0.02%
	R	C	0.02%
	RLI	A	0.02%
	DASH	A	0.02%
	PARA	F	0.02%
	STWD	C	0.02%
	PB	D	0.02%
	WBA	F	0.02%
	HAS	A	0.01%
	SNDR	D	0.01%
	CERT	F	0.01%
	LYFT	D	0.01%
	TRIP	D	0.01%
	INFA	D	0.01%
	WEN	B	0.01%
	FTRE	F	0.01%
	UA	B	0.01%
	REYN	D	0.01%
	GO	F	0.01%
	TER	C	0.01%
	PPC	C	0.01%
	UAA	B	0.01%
	LEG	D	0.01%
	BIRK	F	0.01%
	PSTG	F	0.01%
	VSTS	D	0.01%
	QS	F	0.01%
	AZEK	D	0.01%
	PINC	F	0.01%
	IPGP	D	0.01%
	ADT	D	0.01%
	GLOB	D	0.01%
	SAM	D	0.01%
	LPX	C	0.01%
	ETSY	F	0.01%
	BROS	F	0.01%
	JWN	D	0.01%
	HAYW	C	0.01%
	RCM	B	0.01%
	AAP	F	0.01%
	ENOV	F	0.01%
	KSS	D	0.01%
	MP	C	0.01%
	BOKF	B	0.01%
	EXP	C	0.01%
	CRI	D	0.01%
	QDEL	D	0.01%
	LLYVK	B	0.01%
	HHH	C	0.01%
	ULTA	D	0.01%
	YETI	C	0.01%
	CNXC	F	0.01%
	WU	D	0.01%
	SHC	C	0.01%
	VIRT	B	0.01%
	CWEN	C	0.01%
	SPB	C	0.01%
	AGR	C	0.01%
	VAC	D	0.01%
	AZTA	F	0.01%
	BRKR	D	0.01%
	CLVT	D	0.01%
	CXT	F	0.01%
	ALGM	F	0.01%
	CC	D	0.01%
	BHF	D	0.01%
	MASI	B	0.01%
	RKT	D	0.01%
	PENN	D	0.01%
	COLM	B	0.01%
	LOPE	D	0.01%
	SEE	C	0.01%
	FHB	D	0.01%
	LCID	F	0.01%
	CNM	F	0.01%
	PK	D	0.01%
	ZG	C	0.01%
	PAG	D	0.01%
	AMED	D	0.01%
	CPRT	B	0.01%
	NXST	D	0.01%
	ZI	F	0.01%
	TNL	B	0.01%
	PAYC	D	0.01%
	NWS	D	0.01%
	NWL	D	0.01%
	AM	A	0.01%
	AMTM	D	0.01%
	PLNT	B	0.01%
	NSA	D	0.01%
	AMKR	F	0.01%
	NVST	D	0.01%
	SPR	D	0.01%
	VNOM	A	0.01%
	IRDM	C	0.01%
	MPW	C	0.01%
	PRGO	F	0.01%
	MAN	D	0.01%
	HIW	C	0.01%
	LBTYK	C	0.01%
	COTY	F	0.01%
	LBTYA	C	0.01%
	DNB	D	0.01%
	GTES	C	0.01%
	U	D	0.01%
	MSGS	A	0.01%
	EPR	C	0.01%
	DXC	C	0.01%
	KMPR	D	0.01%
	TYL	D	0.01%
	SMG	C	0.01%
	TPG	A	0.01%
	NEU	F	0.01%
	CIVI	F	0.01%
	SEG	F	0.0%
	LOAR	B	0.0%
	PARAA	D	0.0%
	UWMC	D	0.0%
	NFE	F	0.0%
	UHAL	C	0.0%
	LAZ	C	0.0%
	DJT	F	0.0%
	GRAL	F	0.0%
	IONS	F	0.0%
	UI	B	0.0%
	PLTK	C	0.0%
	CHH	A	0.0%
	CACC	F	0.0%
	TFSL	D	0.0%
	TXG	F	0.0%
	PATH	D	0.0%
	SEB	F	0.0%
	CAR	D	0.0%
	PYCR	D	0.0%
	LLYVA	B	0.0%
	LSCC	D	0.0%
	AS	B	0.0%
	NCNO	F	0.0%
	FIVE	D	0.0%
	HCP	A	0.0%
	FWONA	C	0.0%
	MTN	D	0.0%
	DV	F	0.0%
	ALAB	C	0.0%
	CWEN	C	0.0%
	CNA	D	0.0%
	LBRDA	C	0.0%
	WOLF	F	0.0%
	DDS	D	0.0%
	EXEL	B	0.0%

IWD Underweight 37 Positions Relative to DLN

	Symbol	Grade	Weight
	AAPL	C	-3.65%
	MSFT	D	-3.36%
	AVGO	B	-2.92%
	NVDA	B	-2.32%
	MRK	F	-1.07%
	META	A	-1.03%
	GOOGL	B	-0.96%
	LLY	D	-0.83%
	ORCL	A	-0.78%
	V	B	-0.7%
	GOOG	B	-0.61%
	MA	A	-0.5%
	COST	C	-0.48%
	AMT	D	-0.41%
	BX	C	-0.39%
	WM	B	-0.26%
	DTD	A	-0.25%
	INTU	F	-0.18%
	LRCX	D	-0.15%
	KLAC	B	-0.14%
	MCO	D	-0.13%
	ARES	A	-0.1%
	CLX	C	-0.09%
	LVS	B	-0.09%
	TSCO	A	-0.08%
	TRGP	A	-0.08%
	BAH	C	-0.04%
	ROL	C	-0.04%
	ODFL	F	-0.04%
	MPWR	B	-0.04%
	VRSK	D	-0.04%
	ERIE	A	-0.04%
	VRT	B	-0.03%
	HEI	C	-0.02%
	LPLA	D	-0.02%
	WMG	D	-0.01%
	HEI	C	-0.01%

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

DLN: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Business Services Diversified Industrials Asset Management Capital Markets Semiconductors Banks - Regional - US Drug Manufacturers - Major Aerospace & Defense Household & Personal Products Insurance - Property & Casualty Oil & Gas E&P Utilities - Diversified Credit Services Health Care Plans Packaged Foods Banks - Global Communication Equipment Diagnostics & Research Financial Data & Stock Exchanges

Keywords: S&P 500 Nasdaq 100 Natural Gas Dow Jones Component Insurance Electricity Computing Bank Banking Electronics Aerospace Investment Bank Real Estate Investment Trust Disability Insurance Products Semiconductor Chemical Financial Products Mining Petroleum Industry