IWD vs. FTLS ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to First Trust Long/Short Equity (FTLS)

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

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.65

Average Daily Volume

135,516

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	IWD	FTLS
30 Days	2.56%	2.02%
60 Days	9.52%	5.25%
90 Days	9.70%	1.15%
12 Months	30.25%	22.25%

196 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in FTLS	Overlap
ABT	C	0.78%	-0.14%	-0.14%
ACN	B	0.88%	2.07%	0.88%
AFL	A	0.25%	0.71%	0.25%
AIZ	B	0.04%	0.21%	0.04%
ALB	D	0.04%	-0.03%	-0.03%
ALL	A	0.17%	0.85%	0.17%
ALLY	F	0.03%	0.29%	0.03%
ALSN	A	0.03%	0.16%	0.03%
AM	A	0.01%	0.11%	0.01%
AMAT	C	0.05%	-0.04%	-0.04%
AMD	C	0.35%	-0.03%	-0.03%
APD	C	0.26%	-0.69%	-0.69%
APO	A	0.07%	-0.06%	-0.06%
AVY	D	0.04%	-0.08%	-0.08%
AXS	A	0.02%	0.13%	0.02%
AYI	A	0.04%	0.24%	0.04%
AZTA	F	0.01%	-0.03%	-0.03%
BA	F	0.3%	-0.08%	-0.08%
BFAM	C	0.03%	0.15%	0.03%
BIRK	F	0.01%	-0.03%	-0.03%
BJ	B	0.04%	0.45%	0.04%
BK	A	0.21%	-0.35%	-0.35%
BKR	B	0.15%	-0.11%	-0.11%
BRK.A	B	3.32%	1.12%	1.12%
BWXT	A	0.03%	-0.18%	-0.18%
C	B	0.47%	2.0%	0.47%
CAG	D	0.06%	0.46%	0.06%
CBSH	D	0.03%	0.11%	0.03%
CCK	C	0.04%	0.31%	0.04%
CDW	D	0.06%	-0.08%	-0.08%
CF	A	0.06%	0.55%	0.06%
CHK	C	0.07%	-0.08%	-0.08%
CL	D	0.15%	1.34%	0.15%
CLH	B	0.05%	-0.03%	-0.03%
CMCSA	B	0.64%	-0.65%	-0.65%
CME	A	0.32%	1.55%	0.32%
CMI	A	0.18%	-0.34%	-0.34%
COHR	B	0.05%	-0.02%	-0.02%
COLB	C	0.02%	0.16%	0.02%
COP	D	0.51%	-0.06%	-0.06%
COTY	F	0.01%	-0.03%	-0.03%
CROX	C	0.03%	0.64%	0.03%
CSL	A	0.07%	0.59%	0.07%
CTAS	C	0.01%	1.03%	0.01%
CTRA	D	0.07%	-0.04%	-0.04%
CVX	B	1.02%	-0.02%	-0.02%
DBX	C	0.02%	0.33%	0.02%
DE	C	0.42%	-0.52%	-0.52%
DIS	D	0.69%	-0.67%	-0.67%
DLB	D	0.02%	-0.07%	-0.07%
DNB	D	0.01%	-0.02%	-0.02%
EA	D	0.15%	-0.02%	-0.02%
EFX	D	0.11%	-0.22%	-0.22%
EPR	C	0.01%	0.09%	0.01%
EQT	C	0.08%	-0.04%	-0.04%
ETN	B	0.52%	-0.55%	-0.55%
EWBC	B	0.04%	0.2%	0.04%
EXEL	B	0.0%	0.15%	0.0%
EXP	C	0.01%	0.33%	0.01%
FANG	D	0.13%	0.79%	0.13%
FAST	C	0.03%	-0.02%	-0.02%
FDX	F	0.24%	1.57%	0.24%
FFIV	B	0.05%	0.36%	0.05%
FHB	D	0.01%	0.06%	0.01%
FIS	A	0.19%	0.95%	0.19%
FSLR	C	0.1%	-0.02%	-0.02%
GD	C	0.33%	-0.56%	-0.56%
GE	B	0.63%	-0.03%	-0.03%
GEHC	C	0.15%	-0.3%	-0.3%
GEN	A	0.06%	0.42%	0.06%
GEV	A	0.28%	-0.17%	-0.17%
GL	C	0.04%	0.39%	0.04%
GM	D	0.2%	0.11%	0.11%
GPC	D	0.08%	-0.12%	-0.12%
GWRE	A	0.03%	-0.19%	-0.19%
HAYW	C	0.01%	0.07%	0.01%
HCA	C	0.23%	-0.08%	-0.08%
HHH	C	0.01%	-0.03%	-0.03%
HII	F	0.04%	-0.16%	-0.16%
HON	C	0.45%	-0.02%	-0.02%
HPQ	B	0.1%	0.98%	0.1%
HRB	C	0.03%	0.21%	0.03%
HWM	A	0.15%	0.86%	0.15%
ILMN	B	0.08%	1.05%	0.08%
INTC	D	0.38%	-0.29%	-0.29%
IPG	D	0.05%	-0.18%	-0.18%
JAZZ	F	0.03%	0.28%	0.03%
JBL	C	0.05%	0.71%	0.05%
JNJ	D	1.55%	1.99%	1.55%
JPM	C	2.35%	0.82%	0.82%
KD	D	0.02%	-0.02%	-0.02%
KEYS	B	0.11%	-0.13%	-0.13%
KMI	A	0.17%	1.01%	0.17%
KMPR	D	0.01%	0.07%	0.01%
KR	C	0.15%	-0.25%	-0.25%
LEG	D	0.01%	0.16%	0.01%
LIN	C	0.91%	-0.64%	-0.64%
LMT	A	0.35%	-0.36%	-0.36%
LNG	A	0.08%	1.02%	0.08%
LOPE	D	0.01%	0.08%	0.01%
LOW	C	0.62%	2.16%	0.62%
LPX	C	0.01%	0.3%	0.01%
LYFT	D	0.01%	-0.03%	-0.03%
MAS	C	0.07%	0.49%	0.07%
MAT	B	0.03%	-0.09%	-0.09%
MCD	A	0.81%	-0.44%	-0.44%
MDLZ	D	0.39%	-0.38%	-0.38%
MLM	F	0.12%	-0.44%	-0.44%
MMM	C	0.24%	-0.32%	-0.32%
MO	D	0.35%	1.41%	0.35%
MP	C	0.01%	-0.05%	-0.05%
MPC	D	0.23%	1.43%	0.23%
MSA	F	0.03%	-0.06%	-0.06%
MSI	A	0.15%	-0.4%	-0.4%
MSM	D	0.02%	0.21%	0.02%
MTG	A	0.03%	0.13%	0.03%
MU	D	0.44%	-0.18%	-0.18%
NSA	D	0.01%	0.12%	0.01%
NSC	C	0.22%	-0.26%	-0.26%
NTAP	D	0.05%	0.77%	0.05%
NTRS	B	0.07%	0.36%	0.07%
NVR	C	0.11%	0.59%	0.11%
NWSA	D	0.04%	-0.03%	-0.03%
OKTA	F	0.03%	0.44%	0.03%
OMC	C	0.08%	-0.28%	-0.28%
ORI	A	0.03%	0.14%	0.03%
OSK	F	0.03%	-0.03%	-0.03%
PAYX	B	0.12%	-0.54%	-0.54%
PCAR	D	0.2%	-0.2%	-0.2%
PENN	D	0.01%	0.37%	0.01%
PEP	F	0.2%	-0.61%	-0.61%
PG	D	1.26%	-0.28%	-0.28%
PH	A	0.32%	1.51%	0.32%
PKG	B	0.08%	-0.14%	-0.14%
PM	D	0.74%	1.83%	0.74%
PNC	C	0.28%	-0.46%	-0.46%
PNFP	B	0.03%	0.13%	0.03%
PNR	C	0.06%	0.52%	0.06%
PPC	C	0.01%	0.1%	0.01%
PRI	A	0.04%	0.14%	0.04%
QCOM	D	0.05%	1.98%	0.05%
R	C	0.02%	-0.08%	-0.08%
RCL	B	0.11%	-0.03%	-0.03%
RH	C	0.02%	-0.04%	-0.04%
RIVN	F	0.03%	-0.03%	-0.03%
RL	B	0.03%	0.63%	0.03%
RLI	A	0.02%	0.07%	0.02%
RPRX	D	0.04%	0.26%	0.04%
SAIA	D	0.02%	-0.02%	-0.02%
SAM	D	0.01%	0.18%	0.01%
SCHW	D	0.34%	1.84%	0.34%
SLB	D	0.24%	-0.12%	-0.12%
SLGN	B	0.02%	-0.03%	-0.03%
SNA	C	0.06%	0.27%	0.06%
SOFI	C	0.03%	-0.03%	-0.03%
STE	D	0.09%	-0.15%	-0.15%
STZ	D	0.16%	-0.05%	-0.05%
SWK	C	0.07%	0.52%	0.07%
SYF	A	0.08%	0.61%	0.08%
SYK	C	0.36%	-0.16%	-0.16%
SYY	D	0.06%	0.87%	0.06%
TFC	D	0.22%	0.95%	0.22%
THG	A	0.02%	0.09%	0.02%
THO	C	0.02%	0.18%	0.02%
TKO	A	0.03%	0.34%	0.03%
TMO	D	0.93%	-0.03%	-0.03%
TMUS	A	0.4%	2.03%	0.4%
TOL	C	0.06%	0.67%	0.06%
TRMB	B	0.06%	-0.08%	-0.08%
TRV	B	0.21%	0.98%	0.21%
TTC	F	0.04%	0.34%	0.04%
TTWO	D	0.1%	-0.28%	-0.28%
TWLO	B	0.03%	0.49%	0.03%
TXG	F	0.0%	0.13%	0.0%
TXN	C	0.64%	-0.37%	-0.37%
TYL	D	0.01%	-0.24%	-0.24%
UHS	D	0.05%	0.22%	0.05%
UNH	B	1.98%	-0.4%	-0.4%
URI	C	0.16%	-0.2%	-0.2%
USB	C	0.28%	1.23%	0.28%
UWMC	D	0.0%	-0.03%	-0.03%
VICI	C	0.14%	0.43%	0.14%
VLO	F	0.17%	1.4%	0.17%
VLTO	A	0.06%	0.53%	0.06%
VMC	D	0.1%	-0.14%	-0.14%
VNT	F	0.02%	-0.07%	-0.07%
VRSN	C	0.06%	0.47%	0.06%
W	C	0.02%	-0.04%	-0.04%
WAT	B	0.03%	-0.29%	-0.29%
WMB	A	0.22%	0.06%	0.06%
WMT	A	1.4%	-0.03%	-0.03%
WOLF	F	0.0%	-0.03%	-0.03%
WRB	C	0.07%	0.3%	0.07%
WST	D	0.03%	-0.06%	-0.06%
XOM	A	2.14%	-0.45%	-0.45%
ZBH	F	0.09%	-0.37%	-0.37%

IWD Overweight 668 Positions Relative to FTLS

Symbol	Grade	Weight
BAC	B	1.06%
CSCO	A	0.85%
IBM	A	0.8%
ABBV	C	0.79%
WFC	B	0.77%
VZ	C	0.76%
NEE	C	0.7%
DHR	D	0.7%
RTX	A	0.66%
PFE	D	0.65%
CAT	A	0.65%
SPGI	C	0.64%
T	B	0.63%
BLK	A	0.55%
BSX	A	0.49%
CB	A	0.47%
KO	C	0.47%
PLD	D	0.46%
MDT	C	0.46%
GS	B	0.45%
MS	A	0.45%
ADI	B	0.44%
BMY	A	0.43%
GILD	A	0.42%
ELV	F	0.4%
REGN	D	0.4%
UPS	D	0.39%
SO	A	0.39%
MMC	D	0.38%
AXP	A	0.37%
DUK	C	0.36%
ICE	A	0.36%
CI	D	0.35%
HD	A	0.33%
WELL	C	0.31%
CVS	D	0.31%
UNP	F	0.31%
EQIX	C	0.31%
PYPL	A	0.31%
NOC	B	0.3%
FCX	B	0.29%
EOG	B	0.29%
BDX	C	0.28%
CEG	A	0.28%
TGT	C	0.28%
FI	A	0.28%
CSX	D	0.27%
AON	A	0.27%
CARR	A	0.26%
KKR	A	0.25%
TDG	A	0.25%
CRH	C	0.25%
EMR	B	0.25%
NEM	C	0.25%
VRTX	D	0.24%
DHI	C	0.23%
AJG	C	0.23%
TT	A	0.23%
ROP	D	0.23%
O	C	0.22%
MRVL	C	0.22%
COF	A	0.22%
PSX	D	0.22%
MAR	A	0.22%
DLR	C	0.21%
CCI	D	0.21%
SRE	C	0.21%
OKE	A	0.21%
AEP	C	0.21%
TJX	D	0.21%
JCI	C	0.2%
AIG	C	0.19%
MET	A	0.19%
PSA	C	0.19%
ITW	C	0.19%
D	A	0.19%
LEN	C	0.18%
PEG	A	0.18%
LHX	A	0.18%
GIS	C	0.17%
OTIS	A	0.17%
F	D	0.17%
PCG	C	0.17%
PRU	B	0.17%
A	B	0.17%
KVUE	C	0.17%
KDP	C	0.16%
IR	A	0.16%
CTVA	A	0.16%
EXC	C	0.16%
SPG	A	0.16%
ACGL	A	0.16%
NKE	D	0.16%
MCHP	F	0.16%
RSG	D	0.16%
NUE	D	0.15%
DD	C	0.15%
MCK	F	0.15%
IQV	F	0.15%
EXR	D	0.15%
ROST	D	0.15%
FERG	F	0.15%
CBRE	C	0.15%
CTSH	B	0.15%
AMGN	D	0.15%
DOW	B	0.15%
CRM	B	0.15%
CNC	F	0.15%
AME	C	0.15%
DFS	A	0.14%
GLW	C	0.14%
HIG	A	0.14%
OXY	D	0.14%
XEL	C	0.14%
ED	C	0.14%
AVB	C	0.13%
WAB	A	0.13%
DAL	C	0.13%
XYL	C	0.13%
EBAY	A	0.13%
EIX	C	0.13%
HUM	F	0.13%
PHM	C	0.12%
PWR	A	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%
MTD	C	0.12%
KHC	F	0.12%
APH	D	0.12%
EW	F	0.12%
DTE	B	0.11%
GRMN	D	0.11%
FTV	C	0.11%
ANSS	D	0.11%
HLT	A	0.11%
ROK	D	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%
FITB	C	0.11%
MTB	A	0.11%
HSY	D	0.1%
YUM	C	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%
VTR	C	0.1%
HPE	B	0.1%
DELL	C	0.1%
SBAC	C	0.1%
DOV	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%
CBOE	B	0.09%
LDOS	A	0.09%
HUBB	A	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%
TRU	C	0.08%
CNP	B	0.08%
APTV	D	0.08%
STLD	C	0.08%
PFG	A	0.08%
WBD	F	0.08%
ARE	D	0.08%
TDY	A	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%
BLDR	C	0.08%
SQ	D	0.08%
AMCR	C	0.07%
J	F	0.07%
SUI	D	0.07%
RS	D	0.07%
TSN	D	0.07%
DGX	D	0.07%
WSO	C	0.07%
IP	C	0.07%
AVTR	D	0.07%
LUV	B	0.07%
CCL	C	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%
DG	F	0.07%
MSCI	B	0.07%
ESS	D	0.07%
BAX	D	0.07%
JBHT	D	0.06%
ACM	A	0.06%
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%
GGG	C	0.06%
IBKR	A	0.06%
ZBRA	B	0.06%
IRM	B	0.06%
UDR	C	0.06%
NDSN	C	0.06%
HOOD	B	0.06%
AKAM	D	0.06%
KEY	B	0.06%
OC	C	0.06%
EXPD	D	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%
NI	A	0.06%
UTHR	C	0.06%
LNT	B	0.06%
DOC	C	0.06%
SSNC	C	0.06%
FNF	C	0.06%
IEX	D	0.06%
TXT	F	0.06%
NVT	C	0.05%
NRG	A	0.05%
KMX	F	0.05%
TFX	C	0.05%
CASY	D	0.05%
RPM	A	0.05%
FTI	B	0.05%
CUBE	C	0.05%
BLD	D	0.05%
EME	B	0.05%
TECH	D	0.05%
ITT	C	0.05%
HST	D	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%
CW	A	0.05%
AMH	D	0.05%
ELS	D	0.05%
EMN	C	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%
HES	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%
MGM	D	0.04%
HSIC	D	0.04%
DRI	C	0.04%
SF	A	0.04%
HRL	F	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%
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%
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%
CAH	B	0.04%
CE	D	0.04%
CACI	A	0.04%
FDS	C	0.04%
SCI	D	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%
CGNX	F	0.03%
BIO	B	0.03%
FAF	C	0.03%
LBRDK	C	0.03%
ZION	D	0.03%
LSTR	F	0.03%
AAL	D	0.03%
MKSI	F	0.03%
WTFC	B	0.03%
HR	D	0.03%
FLS	A	0.03%
GNTX	D	0.03%
WMS	D	0.03%
RHI	D	0.03%
VNO	B	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%
FICO	C	0.03%
PR	D	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%
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%
FCN	C	0.03%
KBR	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%
DAY	C	0.03%
GME	D	0.03%
PTC	B	0.03%
ADP	A	0.03%
AR	C	0.03%
KNX	D	0.03%
BRX	C	0.03%
MHK	C	0.03%
ECL	C	0.03%
LAMR	C	0.03%
RBC	C	0.03%
LAD	C	0.03%
BKNG	B	0.03%
JLL	C	0.03%
FYBR	C	0.03%
MOS	F	0.03%
TW	A	0.03%
CZR	B	0.03%
IAC	C	0.02%
AWI	A	0.02%
GFS	F	0.02%
ALNY	C	0.02%
HUN	B	0.02%
BILL	D	0.02%
UHAL	C	0.02%
CLF	D	0.02%
AGO	B	0.02%
LITE	A	0.02%
AMP	A	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%
EEFT	F	0.02%
BYD	B	0.02%
OZK	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%
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%
WLK	C	0.02%
HXL	F	0.02%
LNC	B	0.02%
UGI	C	0.02%
OMF	D	0.02%
FOX	B	0.02%
COIN	F	0.02%
IDA	D	0.02%
ORLY	A	0.02%
ST	F	0.02%
XRAY	D	0.02%
S	C	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%
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%
GWW	B	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%
BPOP	D	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%
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%
UAA	B	0.01%
PSTG	F	0.01%
LEN	C	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%
ETSY	F	0.01%
BROS	F	0.01%
JWN	D	0.01%
BR	B	0.01%
RCM	B	0.01%
AAP	F	0.01%
ENOV	F	0.01%
KSS	D	0.01%
BOKF	B	0.01%
CRI	D	0.01%
QDEL	D	0.01%
LLYVK	B	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%
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%
COLM	B	0.01%
SEE	C	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%
AMTM	D	0.01%
PLNT	B	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%
LBTYA	C	0.01%
GTES	C	0.01%
U	D	0.01%
MSGS	A	0.01%
DXC	C	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%
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%
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%
DDS	D	0.0%

IWD Underweight 192 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.52%
MSFT	D	-4.52%
NVDA	B	-4.05%
AMZN	C	-2.46%
META	A	-1.76%
GOOGL	B	-1.32%
GOOG	B	-1.11%
AVGO	B	-1.09%
LLY	D	-0.95%
PBR	B	-0.77%
INSM	D	-0.56%
NVS	D	-0.47%
EAT	A	-0.43%
ZIM	D	-0.43%
FLEX	B	-0.4%
ASO	D	-0.33%
CRS	B	-0.32%
PI	A	-0.31%
SPYV	A	-0.26%
IWD	A	-0.26%
SCHV	A	-0.26%
CNK	D	-0.22%
STNG	B	-0.21%
KNSL	B	-0.21%
WHD	A	-0.19%
TWST	D	-0.19%
MGY	B	-0.18%
ADMA	A	-0.17%
GLBE	C	-0.16%
OPCH	F	-0.16%
ALKS	B	-0.16%
LOGI	D	-0.15%
UMBF	C	-0.14%
CRC	B	-0.14%
SFM	A	-0.13%
SIGI	D	-0.13%
MATX	C	-0.13%
CALM	A	-0.13%
PAA	B	-0.13%
CBT	B	-0.13%
CSWI	A	-0.12%
GMS	B	-0.12%
SKYW	B	-0.12%
GFF	C	-0.12%
ZWS	A	-0.11%
SMPL	D	-0.11%
WGO	D	-0.11%
HESM	C	-0.11%
GRBK	C	-0.11%
BFH	D	-0.11%
YOU	C	-0.11%
MMS	C	-0.11%
KRG	C	-0.11%
RDFN	C	-0.11%
LCII	C	-0.1%
VRNA	B	-0.1%
ESNT	A	-0.1%
DBRG	D	-0.1%
FTDR	B	-0.1%
ENLC	A	-0.1%
TCBI	B	-0.09%
PRGS	A	-0.09%
FOLD	F	-0.09%
EXTR	D	-0.09%
TBBK	A	-0.09%
ABM	D	-0.09%
LANC	F	-0.08%
GBCI	B	-0.08%
MQ	F	-0.08%
VCYT	C	-0.08%
KFY	C	-0.08%
BOH	D	-0.07%
REVG	D	-0.07%
UBSI	D	-0.07%
MYGN	D	-0.07%
BCRX	D	-0.07%
OTEX	D	-0.07%
NMIH	B	-0.07%
AVNT	C	-0.07%
CARG	C	-0.07%
AZZ	B	-0.07%
CUBI	F	-0.07%
TRMD	D	-0.07%
ROIC	C	-0.06%
PLMR	A	-0.06%
COLL	A	-0.06%
AMPH	C	-0.06%
EBC	B	-0.06%
GSL	C	-0.06%
WFG	C	-0.06%
BRC	C	-0.06%
PBH	D	-0.06%
ICFI	C	-0.06%
ADUS	D	-0.06%
PAYO	A	-0.06%
PLXS	A	-0.06%
SUPN	D	-0.05%
CDNA	B	-0.05%
AUB	D	-0.05%
VIST	C	--0.02%
PAR	D	--0.02%
VSAT	F	--0.02%
CBU	D	--0.02%
AER	C	--0.02%
NVEE	F	--0.02%
ARM	C	--0.02%
ENS	B	--0.02%
LKFN	D	--0.02%
IBOC	D	--0.02%
APPN	C	--0.03%
ENR	B	--0.03%
FFIN	D	--0.03%
RDY	D	--0.03%
IRTC	F	--0.03%
ICHR	D	--0.03%
MARA	F	--0.03%
BURL	C	--0.03%
DIOD	F	--0.03%
PRCT	D	--0.03%
CNNE	F	--0.03%
GPRE	F	--0.03%
GKOS	B	--0.03%
ASPN	C	--0.03%
PSMT	A	--0.03%
ARLO	F	--0.03%
OSIS	C	--0.03%
TFIN	F	--0.03%
LMND	F	--0.03%
UPST	C	--0.03%
CFLT	F	--0.03%
SDGR	F	--0.03%
BE	F	--0.03%
RUN	D	--0.03%
CRDO	B	--0.03%
ATEC	F	--0.03%
RXST	F	--0.03%
HLN	C	--0.03%
FRO	B	--0.03%
ACIW	A	--0.04%
GATX	F	--0.04%
AMRC	C	--0.04%
ERJ	C	--0.04%
AMRK	C	--0.04%
UTZ	D	--0.04%
BVN	D	--0.04%
NEOG	F	--0.04%
TTD	A	--0.05%
ACVA	C	--0.05%
ZD	D	--0.05%
AEO	C	--0.06%
MUFG	D	--0.06%
VRRM	D	--0.06%
MMYT	B	--0.07%
KTOS	B	--0.07%
AVAV	B	--0.07%
SE	B	--0.07%
SSB	C	--0.07%
VAL	F	--0.07%
NXPI	F	--0.09%
DY	C	--0.09%
CCOI	B	--0.09%
ARGX	C	--0.1%
HAE	F	--0.1%
VVV	D	--0.1%
IDCC	A	--0.11%
STM	F	--0.12%
NSIT	B	--0.12%
ING	D	--0.12%
HQY	B	--0.12%
NFLX	A	--0.13%
TM	D	--0.16%
ASX	D	--0.16%
INFY	B	--0.17%
GSK	F	--0.2%
FMX	F	--0.22%
HSBC	A	--0.22%
PANW	B	--0.22%
CCEP	C	--0.24%
DEO	C	--0.27%
SNPS	F	--0.28%
SAP	C	--0.28%
ISRG	C	--0.3%
NOW	B	--0.31%
UL	D	--0.35%
BABA	A	--0.35%
HDB	D	--0.41%
WM	B	--0.45%
ASML	F	--0.52%
VRSK	D	--0.53%
TSLA	C	--0.56%
CDNS	D	--0.65%
ORCL	A	--0.76%