IWD vs. FIDU ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Fidelity MSCI Industrials Index ETF (FIDU)

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 1000Â® 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

FIDU

Fidelity MSCI Industrials Index ETF

FIDU Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.18

Average Daily Volume

86,540

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

Performance

Period	IWD	FIDU
30 Days	2.56%	5.71%
60 Days	9.52%	11.87%
90 Days	9.70%	11.54%
12 Months	30.25%	37.83%

147 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in FIDU	Overlap
AAL	D	0.03%	0.04%	0.03%
ACM	A	0.06%	0.26%	0.06%
ADP	A	0.03%	2.08%	0.03%
AGCO	D	0.02%	0.12%	0.02%
AL	D	0.02%	0.09%	0.02%
ALK	C	0.02%	0.03%	0.02%
ALLE	A	0.05%	0.23%	0.05%
ALSN	A	0.03%	0.16%	0.03%
AME	C	0.15%	0.74%	0.15%
AOS	C	0.04%	0.2%	0.04%
APG	F	0.03%	0.13%	0.03%
AWI	A	0.02%	0.11%	0.02%
AYI	A	0.04%	0.15%	0.04%
AZEK	D	0.01%	0.13%	0.01%
BA	F	0.3%	1.7%	0.3%
BLDR	C	0.08%	0.44%	0.08%
BR	B	0.01%	0.47%	0.01%
BWXT	A	0.03%	0.19%	0.03%
CACI	A	0.04%	0.21%	0.04%
CAR	D	0.0%	0.03%	0.0%
CARR	A	0.26%	1.22%	0.26%
CAT	A	0.65%	3.56%	0.65%
CHRW	C	0.05%	0.24%	0.05%
CLH	B	0.05%	0.23%	0.05%
CLVT	D	0.01%	0.04%	0.01%
CMI	A	0.18%	0.83%	0.18%
CNH	C	0.04%	0.19%	0.04%
CNM	F	0.01%	0.16%	0.01%
CNXC	F	0.01%	0.04%	0.01%
CPRT	B	0.01%	0.84%	0.01%
CR	A	0.03%	0.14%	0.03%
CSL	A	0.07%	0.39%	0.07%
CSX	D	0.27%	1.26%	0.27%
CTAS	C	0.01%	1.38%	0.01%
CW	A	0.05%	0.23%	0.05%
DAL	C	0.13%	0.16%	0.13%
DAY	C	0.03%	0.18%	0.03%
DCI	B	0.04%	0.17%	0.04%
DE	C	0.42%	2.04%	0.42%
DNB	D	0.01%	0.06%	0.01%
DOV	C	0.1%	0.49%	0.1%
EFX	D	0.11%	0.67%	0.11%
EME	B	0.05%	0.37%	0.05%
EMR	B	0.25%	1.16%	0.25%
ESAB	C	0.02%	0.11%	0.02%
ETN	B	0.52%	2.45%	0.52%
EXPD	D	0.06%	0.34%	0.06%
FAST	C	0.03%	0.76%	0.03%
FCN	C	0.03%	0.15%	0.03%
FDX	F	0.24%	1.16%	0.24%
FLS	A	0.03%	0.13%	0.03%
FTV	C	0.11%	0.52%	0.11%
GD	C	0.33%	1.3%	0.33%
GE	B	0.63%	3.78%	0.63%
GEV	A	0.28%	1.28%	0.28%
GGG	C	0.06%	0.28%	0.06%
GNRC	B	0.02%	0.18%	0.02%
GTES	C	0.01%	0.07%	0.01%
GWW	B	0.02%	0.85%	0.02%
GXO	D	0.02%	0.12%	0.02%
HAYW	C	0.01%	0.04%	0.01%
HII	F	0.04%	0.19%	0.04%
HON	C	0.45%	2.52%	0.45%
HUBB	A	0.09%	0.43%	0.09%
HWM	A	0.15%	0.72%	0.15%
HXL	F	0.02%	0.1%	0.02%
IEX	D	0.06%	0.3%	0.06%
IR	A	0.16%	0.74%	0.16%
ITT	C	0.05%	0.23%	0.05%
ITW	C	0.19%	1.47%	0.19%
J	F	0.07%	0.36%	0.07%
JBHT	D	0.06%	0.27%	0.06%
JCI	C	0.2%	0.97%	0.2%
KBR	A	0.03%	0.16%	0.03%
KEX	C	0.03%	0.03%	0.03%
KNX	D	0.03%	0.16%	0.03%
LDOS	A	0.09%	0.38%	0.09%
LECO	D	0.03%	0.2%	0.03%
LHX	A	0.18%	0.83%	0.18%
LMT	A	0.35%	2.34%	0.35%
LSTR	F	0.03%	0.12%	0.03%
LUV	B	0.07%	0.08%	0.07%
LYFT	D	0.01%	0.09%	0.01%
MAN	D	0.01%	0.07%	0.01%
MAS	C	0.07%	0.34%	0.07%
MDU	C	0.02%	0.1%	0.02%
MIDD	D	0.03%	0.14%	0.03%
MMM	C	0.24%	1.41%	0.24%
MSA	F	0.03%	0.12%	0.03%
MSM	D	0.02%	0.07%	0.02%
MTZ	A	0.03%	0.15%	0.03%
NDSN	C	0.06%	0.26%	0.06%
NOC	B	0.3%	1.38%	0.3%
NSC	C	0.22%	1.04%	0.22%
NVT	C	0.05%	0.22%	0.05%
OC	C	0.06%	0.28%	0.06%
OSK	F	0.03%	0.12%	0.03%
OTIS	A	0.17%	0.79%	0.17%
PAYC	D	0.01%	0.16%	0.01%
PAYX	B	0.12%	0.8%	0.12%
PCAR	D	0.2%	0.96%	0.2%
PH	A	0.32%	1.52%	0.32%
PNR	C	0.06%	0.3%	0.06%
PSN	A	0.02%	0.09%	0.02%
PWR	A	0.12%	0.81%	0.12%
PYCR	D	0.0%	0.02%	0.0%
R	C	0.02%	0.12%	0.02%
RBC	C	0.03%	0.15%	0.03%
RHI	D	0.03%	0.13%	0.03%
ROK	D	0.11%	0.57%	0.11%
RRX	B	0.04%	0.21%	0.04%
RSG	D	0.16%	0.82%	0.16%
RTX	A	0.66%	2.98%	0.66%
SAIA	D	0.02%	0.22%	0.02%
SAIC	A	0.03%	0.13%	0.03%
SITE	D	0.02%	0.13%	0.02%
SNA	C	0.06%	0.28%	0.06%
SNDR	D	0.01%	0.03%	0.01%
SPR	D	0.01%	0.07%	0.01%
SRCL	B	0.02%	0.01%	0.01%
SRCL	B	0.02%	0.11%	0.02%
SSD	B	0.03%	0.15%	0.03%
SSNC	C	0.06%	0.31%	0.06%
ST	F	0.02%	0.1%	0.02%
SWK	C	0.07%	0.31%	0.07%
TDG	A	0.25%	1.46%	0.25%
TKR	B	0.02%	0.11%	0.02%
TRU	C	0.08%	0.38%	0.08%
TT	A	0.23%	1.62%	0.23%
TTC	F	0.04%	0.17%	0.04%
TTEK	A	0.04%	0.23%	0.04%
TXT	F	0.06%	0.31%	0.06%
UHAL	C	0.0%	0.13%	0.0%
UHAL	C	0.02%	0.13%	0.02%
UNP	F	0.31%	2.78%	0.31%
UPS	D	0.39%	1.82%	0.39%
URI	C	0.16%	1.01%	0.16%
VLTO	A	0.06%	0.51%	0.06%
VMI	B	0.02%	0.11%	0.02%
VSTS	D	0.01%	0.03%	0.01%
WAB	A	0.13%	0.6%	0.13%
WCC	D	0.03%	0.15%	0.03%
WMS	D	0.03%	0.21%	0.03%
WSC	D	0.02%	0.14%	0.02%
WSO	C	0.07%	0.32%	0.07%
WWD	C	0.04%	0.19%	0.04%
XYL	C	0.13%	0.61%	0.13%

IWD Overweight 718 Positions Relative to FIDU

Symbol	Grade	Weight
BRK.A	B	3.32%
JPM	C	2.35%
XOM	A	2.14%
UNH	B	1.98%
JNJ	D	1.55%
WMT	A	1.4%
PG	D	1.26%
BAC	B	1.06%
CVX	B	1.02%
TMO	D	0.93%
LIN	C	0.91%
ACN	B	0.88%
CSCO	A	0.85%
MCD	A	0.81%
IBM	A	0.8%
ABBV	C	0.79%
ABT	C	0.78%
WFC	B	0.77%
VZ	C	0.76%
PM	D	0.74%
NEE	C	0.7%
DHR	D	0.7%
DIS	D	0.69%
PFE	D	0.65%
CMCSA	B	0.64%
SPGI	C	0.64%
TXN	C	0.64%
T	B	0.63%
LOW	C	0.62%
BLK	A	0.55%
COP	D	0.51%
BSX	A	0.49%
CB	A	0.47%
C	B	0.47%
KO	C	0.47%
PLD	D	0.46%
MDT	C	0.46%
GS	B	0.45%
MS	A	0.45%
MU	D	0.44%
ADI	B	0.44%
BMY	A	0.43%
GILD	A	0.42%
TMUS	A	0.4%
ELV	F	0.4%
REGN	D	0.4%
MDLZ	D	0.39%
SO	A	0.39%
MMC	D	0.38%
INTC	D	0.38%
AXP	A	0.37%
DUK	C	0.36%
SYK	C	0.36%
ICE	A	0.36%
AMD	C	0.35%
MO	D	0.35%
CI	D	0.35%
SCHW	D	0.34%
HD	A	0.33%
CME	A	0.32%
WELL	C	0.31%
CVS	D	0.31%
EQIX	C	0.31%
PYPL	A	0.31%
FCX	B	0.29%
EOG	B	0.29%
USB	C	0.28%
BDX	C	0.28%
CEG	A	0.28%
TGT	C	0.28%
FI	A	0.28%
PNC	C	0.28%
AON	A	0.27%
APD	C	0.26%
KKR	A	0.25%
CRH	C	0.25%
NEM	C	0.25%
AFL	A	0.25%
VRTX	D	0.24%
SLB	D	0.24%
DHI	C	0.23%
AJG	C	0.23%
HCA	C	0.23%
MPC	D	0.23%
ROP	D	0.23%
O	C	0.22%
MRVL	C	0.22%
COF	A	0.22%
PSX	D	0.22%
TFC	D	0.22%
WMB	A	0.22%
MAR	A	0.22%
DLR	C	0.21%
CCI	D	0.21%
BK	A	0.21%
SRE	C	0.21%
TRV	B	0.21%
OKE	A	0.21%
AEP	C	0.21%
TJX	D	0.21%
PEP	F	0.2%
GM	D	0.2%
FIS	A	0.19%
AIG	C	0.19%
MET	A	0.19%
PSA	C	0.19%
D	A	0.19%
LEN	C	0.18%
PEG	A	0.18%
GIS	C	0.17%
ALL	A	0.17%
F	D	0.17%
PCG	C	0.17%
PRU	B	0.17%
A	B	0.17%
KVUE	C	0.17%
KMI	A	0.17%
VLO	F	0.17%
KDP	C	0.16%
CTVA	A	0.16%
EXC	C	0.16%
SPG	A	0.16%
ACGL	A	0.16%
NKE	D	0.16%
STZ	D	0.16%
MCHP	F	0.16%
NUE	D	0.15%
GEHC	C	0.15%
BKR	B	0.15%
DD	C	0.15%
MCK	F	0.15%
IQV	F	0.15%
EXR	D	0.15%
CL	D	0.15%
ROST	D	0.15%
KR	C	0.15%
FERG	F	0.15%
CBRE	C	0.15%
CTSH	B	0.15%
AMGN	D	0.15%
EA	D	0.15%
DOW	B	0.15%
CRM	B	0.15%
MSI	A	0.15%
CNC	F	0.15%
DFS	A	0.14%
GLW	C	0.14%
VICI	C	0.14%
HIG	A	0.14%
OXY	D	0.14%
XEL	C	0.14%
ED	C	0.14%
AVB	C	0.13%
EBAY	A	0.13%
EIX	C	0.13%
FANG	D	0.13%
HUM	F	0.13%
PHM	C	0.12%
NDAQ	C	0.12%
CSGP	F	0.12%
ON	F	0.12%
PPG	D	0.12%
WEC	B	0.12%
WTW	C	0.12%
CHTR	D	0.12%
MLM	F	0.12%
MTD	C	0.12%
KHC	F	0.12%
APH	D	0.12%
EW	F	0.12%
DTE	B	0.11%
GRMN	D	0.11%
RCL	B	0.11%
KEYS	B	0.11%
ANSS	D	0.11%
HLT	A	0.11%
BIIB	F	0.11%
EQR	C	0.11%
KMB	D	0.11%
ETR	A	0.11%
ADM	F	0.11%
AWK	D	0.11%
NVR	C	0.11%
FITB	C	0.11%
MTB	A	0.11%
HSY	D	0.1%
YUM	C	0.1%
VMC	D	0.1%
PPL	C	0.1%
WY	C	0.1%
SBUX	B	0.1%
LYB	B	0.1%
DVN	F	0.1%
RMD	C	0.1%
SW	C	0.1%
CHD	D	0.1%
GPN	F	0.1%
FE	C	0.1%
FSLR	C	0.1%
VTR	C	0.1%
HPQ	B	0.1%
HPE	B	0.1%
DELL	C	0.1%
TTWO	D	0.1%
SBAC	C	0.1%
STT	A	0.1%
IFF	D	0.1%
HAL	D	0.1%
WDC	C	0.09%
FCNCA	D	0.09%
BBY	C	0.09%
ZBH	F	0.09%
CBOE	B	0.09%
STE	D	0.09%
RJF	B	0.09%
AEE	A	0.09%
PGR	B	0.09%
TROW	D	0.09%
ES	D	0.09%
MSTR	B	0.09%
CNP	B	0.08%
PKG	B	0.08%
APTV	D	0.08%
STLD	C	0.08%
SYF	A	0.08%
GPC	D	0.08%
PFG	A	0.08%
WBD	F	0.08%
OMC	C	0.08%
EQT	C	0.08%
ARE	D	0.08%
TDY	A	0.08%
LNG	A	0.08%
ILMN	B	0.08%
MRNA	F	0.08%
HBAN	B	0.08%
RF	B	0.08%
BALL	C	0.08%
ATO	A	0.08%
CINF	A	0.08%
K	B	0.08%
CMS	A	0.08%
COO	C	0.08%
MKC	C	0.08%
INVH	D	0.08%
SQ	D	0.08%
AMCR	C	0.07%
SUI	D	0.07%
RS	D	0.07%
WRB	C	0.07%
TSN	D	0.07%
DGX	D	0.07%
IP	C	0.07%
AVTR	D	0.07%
APO	A	0.07%
NTRS	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%
CHK	C	0.07%
DG	F	0.07%
MSCI	B	0.07%
ESS	D	0.07%
BAX	D	0.07%
BRO	A	0.06%
RNR	A	0.06%
USFD	C	0.06%
L	C	0.06%
DLTR	F	0.06%
RGA	B	0.06%
EG	A	0.06%
EL	D	0.06%
AES	C	0.06%
IBKR	A	0.06%
CDW	D	0.06%
ZBRA	B	0.06%
SYY	D	0.06%
IRM	B	0.06%
GEN	A	0.06%
UDR	C	0.06%
VRSN	C	0.06%
TRMB	B	0.06%
HOOD	B	0.06%
AKAM	D	0.06%
KEY	B	0.06%
KIM	C	0.06%
SWKS	F	0.06%
RVTY	C	0.06%
MKL	B	0.06%
MRO	B	0.06%
ZTS	C	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%
CF	A	0.06%
FNF	C	0.06%
NRG	A	0.05%
KMX	F	0.05%
QCOM	D	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%
TECH	D	0.05%
HST	D	0.05%
CVNA	A	0.05%
SJM	D	0.05%
BXP	B	0.05%
JNPR	C	0.05%
CPT	C	0.05%
FFIV	B	0.05%
AMH	D	0.05%
ELS	D	0.05%
EMN	C	0.05%
UHS	D	0.05%
JKHY	A	0.05%
AMAT	C	0.05%
BMRN	F	0.05%
REG	C	0.05%
WPC	C	0.05%
GLPI	C	0.05%
VTRS	D	0.05%
HES	D	0.05%
EVRG	C	0.05%
BG	F	0.05%
NTAP	D	0.05%
CIEN	A	0.04%
NYT	C	0.04%
SNX	C	0.04%
GPK	D	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%
MGM	D	0.04%
HSIC	D	0.04%
DRI	C	0.04%
GL	C	0.04%
SF	A	0.04%
HRL	F	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%
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%
ARMK	C	0.04%
FWONK	D	0.04%
NWSA	D	0.04%
OHI	C	0.04%
DOX	B	0.04%
TAP	D	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%
AIZ	B	0.04%
LKQ	F	0.04%
TPR	B	0.04%
OVV	D	0.04%
REXR	D	0.04%
ATR	A	0.04%
FBIN	C	0.04%
CTLT	A	0.04%
CAH	B	0.04%
CE	D	0.04%
EWBC	B	0.04%
AVY	D	0.04%
RPRX	D	0.04%
BJ	B	0.04%
ALB	D	0.04%
FDS	C	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%
LFUS	C	0.03%
NOV	F	0.03%
CRUS	D	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%
MKSI	F	0.03%
JAZZ	F	0.03%
BFAM	C	0.03%
WTFC	B	0.03%
HR	D	0.03%
GNTX	D	0.03%
CBSH	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%
ELAN	D	0.03%
FR	D	0.03%
RRC	D	0.03%
MOH	F	0.03%
ONTO	B	0.03%
MNST	D	0.03%
ADC	C	0.03%
EXAS	C	0.03%
HLI	A	0.03%
ALGN	D	0.03%
AGNC	B	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%
SHW	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%
GWRE	A	0.03%
FND	C	0.03%
CHRD	F	0.03%
ATI	C	0.03%
FMC	C	0.03%
OGE	C	0.03%
FHN	D	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%
BRX	C	0.03%
MHK	C	0.03%
ECL	C	0.03%
LAMR	C	0.03%
RIVN	F	0.03%
LAD	C	0.03%
BKNG	B	0.03%
WST	D	0.03%
JLL	C	0.03%
FYBR	C	0.03%
TWLO	B	0.03%
MOS	F	0.03%
TW	A	0.03%
CZR	B	0.03%
ORI	A	0.03%
IAC	C	0.02%
GFS	F	0.02%
ALNY	C	0.02%
HUN	B	0.02%
BILL	D	0.02%
RH	C	0.02%
CLF	D	0.02%
AGO	B	0.02%
LITE	A	0.02%
AMP	A	0.02%
DBX	C	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%
AZO	D	0.02%
OLED	B	0.02%
RYN	C	0.02%
LINE	F	0.02%
CPRI	C	0.02%
SLM	B	0.02%
AVT	B	0.02%
FNB	D	0.02%
OGN	F	0.02%
ROIV	D	0.02%
JHG	A	0.02%
DOCS	A	0.02%
CCCS	D	0.02%
WLK	C	0.02%
W	C	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%
COLB	C	0.02%
XRAY	D	0.02%
S	C	0.02%
THG	A	0.02%
PVH	D	0.02%
SON	D	0.02%
WH	C	0.02%
MTDR	D	0.02%
NFG	A	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%
BC	C	0.02%
WHR	C	0.02%
ACHC	F	0.02%
SN	A	0.02%
POST	C	0.02%
DAR	F	0.02%
OLLI	C	0.02%
MTSI	B	0.02%
ESI	C	0.02%
SNV	D	0.02%
LEA	F	0.02%
AXS	A	0.02%
BPOP	D	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%
CERT	F	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%
LEN	C	0.01%
QS	F	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%
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%
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%
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%
PK	D	0.01%
ZG	C	0.01%
PAG	D	0.01%
AMED	D	0.01%
NXST	D	0.01%
ZI	F	0.01%
TNL	B	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%
VNOM	A	0.01%
IRDM	C	0.01%
MPW	C	0.01%
PRGO	F	0.01%
HIW	C	0.01%
LBTYK	C	0.01%
COTY	F	0.01%
LBTYA	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%
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%
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 202 Positions Relative to FIDU

Symbol	Grade	Weight
UBER	C	-2.65%
WM	B	-1.54%
WCN	D	-0.85%
ODFL	F	-0.72%
VRSK	D	-0.7%
VRT	B	-0.65%
AXON	A	-0.53%
BAH	C	-0.39%
LII	C	-0.36%
HEI	C	-0.28%
ROL	C	-0.27%
FIX	A	-0.26%
XPO	F	-0.24%
HEI	C	-0.21%
AIT	B	-0.16%
UFPI	C	-0.15%
FLR	B	-0.15%
PCTY	C	-0.14%
AAON	A	-0.14%
TREX	D	-0.14%
MLI	B	-0.14%
WTS	C	-0.11%
FSS	D	-0.11%
EXPO	A	-0.11%
CSWI	A	-0.11%
MOG.A	C	-0.11%
EXLS	B	-0.11%
BCO	C	-0.1%
ZWS	A	-0.1%
GTLS	D	-0.1%
BECN	D	-0.1%
BCC	C	-0.1%
MMS	C	-0.1%
DY	C	-0.1%
CWST	D	-0.1%
AVAV	B	-0.1%
ACA	C	-0.09%
ENS	B	-0.08%
RUN	D	-0.08%
FELE	C	-0.08%
HRI	B	-0.08%
VRRM	D	-0.08%
STRL	B	-0.08%
GATX	F	-0.08%
GVA	A	-0.07%
KTOS	B	-0.07%
TEX	F	-0.07%
GMS	B	-0.07%
KFY	C	-0.07%
KAI	C	-0.07%
ACVA	C	-0.06%
CBZ	F	-0.06%
ROAD	C	-0.06%
ATKR	F	-0.06%
PRIM	A	-0.06%
NSP	F	-0.06%
ICFI	C	-0.06%
JBT	B	-0.06%
TNET	D	-0.06%
NPO	C	-0.06%
ABM	D	-0.06%
RUSHA	D	-0.06%
BRC	C	-0.06%
ESE	C	-0.06%
MWA	A	-0.06%
HNI	B	-0.05%
ARCB	F	-0.05%
MGRC	D	-0.05%
AIN	F	-0.05%
GFF	C	-0.05%
TRN	C	-0.05%
HUBG	D	-0.05%
RXO	D	-0.05%
RKLB	B	-0.05%
UNF	A	-0.05%
REZI	D	-0.05%
ALIT	D	-0.05%
MRCY	B	-0.04%
B	A	-0.04%
HURN	D	-0.04%
HI	F	-0.04%
KMT	C	-0.04%
ROCK	D	-0.04%
POWL	B	-0.04%
SXI	B	-0.04%
BE	F	-0.04%
EPAC	A	-0.04%
WERN	D	-0.04%
AIR	C	-0.04%
AZZ	B	-0.04%
CMPR	F	-0.03%
JELD	D	-0.03%
ENVX	D	-0.03%
VSEC	D	-0.03%
DNOW	F	-0.03%
CSGS	B	-0.03%
CXW	F	-0.03%
AMWD	C	-0.03%
FLNC	C	-0.03%
BLBD	D	-0.03%
JBI	F	-0.03%
APOG	B	-0.03%
HEES	D	-0.03%
GBX	C	-0.03%
HLIO	B	-0.03%
MYRG	D	-0.03%
TNC	F	-0.03%
GEO	D	-0.03%
MLKN	F	-0.03%
PLUG	D	-0.03%
IESC	A	-0.03%
KAR	F	-0.03%
ALG	F	-0.03%
HCSG	F	-0.02%
AMSC	C	-0.02%
BXC	D	-0.02%
NVRI	D	-0.02%
CECO	D	-0.02%
SKYW	B	-0.02%
DCO	B	-0.02%
DLX	F	-0.02%
WNC	F	-0.02%
MEG	F	-0.02%
SMR	C	-0.02%
DRVN	C	-0.02%
BV	A	-0.02%
BBSI	B	-0.02%
JOBY	C	-0.02%
VICR	C	-0.02%
ERII	C	-0.02%
SHLS	F	-0.02%
FA	A	-0.02%
ARRY	F	-0.02%
TGI	F	-0.02%
THR	F	-0.02%
CDRE	A	-0.02%
CMCO	D	-0.02%
TILE	C	-0.02%
MRC	D	-0.02%
MRTN	F	-0.02%
TRNS	D	-0.02%
KFRC	F	-0.02%
TPC	A	-0.02%
SCS	D	-0.02%
CRAI	B	-0.02%
MATX	C	-0.02%
AMRC	C	-0.02%
NX	F	-0.02%
AGX	A	-0.02%
UPWK	D	-0.02%
NVEE	F	-0.02%
REVG	D	-0.02%
LNN	C	-0.02%
ULCC	C	-0.01%
ATSG	D	-0.01%
TITN	F	-0.01%
PLPC	D	-0.01%
HDSN	F	-0.01%
ULH	B	-0.01%
MTW	F	-0.01%
DSGR	A	-0.01%
DDD	D	-0.01%
RUSHB	D	-0.01%
HTZ	F	-0.01%
NPK	F	-0.01%
TWI	F	-0.01%
LYTS	B	-0.01%
FC	C	-0.01%
PL	D	-0.01%
LQDT	C	-0.01%
HY	D	-0.01%
CHPT	F	-0.01%
ACCO	C	-0.01%
JBLU	B	-0.01%
CNDT	B	-0.01%
ATRO	D	-0.01%
IIIN	F	-0.01%
PBI	C	-0.01%
PLOW	D	-0.01%
EBF	B	-0.01%
GIC	D	-0.01%
ACHR	F	-0.01%
ASTE	F	-0.01%
HTLD	F	-0.01%
MATW	F	-0.01%
KELYA	D	-0.01%
MLR	B	-0.01%
DXPE	C	-0.01%
GLDD	A	-0.01%
LMB	B	-0.01%
FWRD	D	-0.01%
PRLB	F	-0.01%
HSII	D	-0.01%
XMTR	F	-0.01%
VVI	B	-0.01%
GNK	D	-0.01%
GRC	B	-0.01%
SNCY	F	-0.0%
OFLX	D	-0.0%
TASK	F	-0.0%
CTOS	F	-0.0%
ALGT	D	-0.0%