IWD vs. GLOV ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV)

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

$192.82

Average Daily Volume

1,491,618

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

GLOV

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

GLOV Description

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. It invests in public equity markets of the global developed region. It invests in stocks of companies operating across diversified sectors. It invests in value, momentum and less volatile stocks of companies across diversified market capitalization. It seeks to track the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index, by using full replication technique. Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$50.17

Average Daily Volume

38,888

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

Performance

Period	IWD	GLOV
30 Days	-0.30%	-1.70%
60 Days	3.33%	-0.47%
90 Days	6.32%	3.37%
12 Months	27.81%	23.27%

192 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in GLOV	Overlap
	ABBV	F	0.77%	0.57%	0.57%
	ABT	C	0.78%	0.05%	0.05%
	ACGL	C	0.14%	0.29%	0.14%
	ACN	C	0.86%	0.59%	0.59%
	ADP	B	0.03%	0.09%	0.03%
	AEE	A	0.09%	0.02%	0.02%
	AEP	C	0.2%	0.03%	0.03%
	AFL	C	0.23%	0.55%	0.23%
	AGCO	D	0.02%	0.02%	0.02%
	AIG	B	0.19%	0.11%	0.11%
	AJG	A	0.23%	0.24%	0.23%
	AKAM	F	0.05%	0.22%	0.05%
	ALL	A	0.17%	0.23%	0.17%
	AME	A	0.17%	0.14%	0.14%
	AMGN	D	0.15%	0.1%	0.1%
	AMP	A	0.02%	0.2%	0.02%
	AON	A	0.29%	0.14%	0.14%
	APH	B	0.14%	0.58%	0.14%
	ATO	A	0.08%	0.04%	0.04%
	AXP	A	0.39%	0.11%	0.11%
	AZO	C	0.02%	0.75%	0.02%
	BAC	A	1.18%	0.28%	0.28%
	BDX	F	0.26%	0.1%	0.1%
	BIIB	F	0.1%	0.13%	0.1%
	BK	A	0.22%	0.24%	0.22%
	BMY	B	0.42%	0.34%	0.34%
	BR	A	0.01%	0.15%	0.01%
	BRK.A	A	3.26%	1.19%	1.19%
	BSX	B	0.5%	0.26%	0.26%
	C	A	0.51%	0.36%	0.36%
	CAG	F	0.05%	0.29%	0.05%
	CAH	B	0.05%	0.49%	0.05%
	CB	C	0.44%	0.21%	0.21%
	CBOE	D	0.08%	0.22%	0.08%
	CDW	F	0.05%	0.34%	0.05%
	CHD	A	0.1%	0.22%	0.1%
	CI	D	0.31%	0.4%	0.31%
	CINF	A	0.09%	0.15%	0.09%
	CL	D	0.13%	0.8%	0.13%
	CMCSA	B	0.65%	0.35%	0.35%
	CME	A	0.31%	0.06%	0.06%
	CMI	A	0.19%	0.08%	0.08%
	CMS	C	0.08%	0.05%	0.05%
	COP	C	0.5%	0.06%	0.06%
	CPB	D	0.03%	0.03%	0.03%
	CRM	A	0.18%	0.15%	0.15%
	CSCO	B	0.91%	0.62%	0.62%
	CSX	B	0.27%	0.04%	0.04%
	CTAS	B	0.02%	0.58%	0.02%
	CTRA	A	0.07%	0.02%	0.02%
	CTSH	B	0.15%	0.48%	0.15%
	CVS	F	0.27%	0.39%	0.27%
	CVX	A	1.04%	0.19%	0.19%
	DE	D	0.38%	0.02%	0.02%
	DELL	C	0.12%	0.6%	0.12%
	DGX	A	0.07%	0.19%	0.07%
	DOV	A	0.11%	0.07%	0.07%
	DOW	F	0.13%	0.06%	0.06%
	DOX	D	0.04%	0.28%	0.04%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.09%	0.03%	0.03%
	DUK	C	0.34%	0.09%	0.09%
	EA	A	0.16%	0.21%	0.16%
	ECL	D	0.03%	0.09%	0.03%
	ED	D	0.13%	0.03%	0.03%
	EG	D	0.05%	0.29%	0.05%
	EIX	C	0.12%	0.04%	0.04%
	ELV	F	0.32%	0.08%	0.08%
	EOG	A	0.3%	0.03%	0.03%
	ETN	A	0.56%	0.12%	0.12%
	ETR	A	0.12%	0.07%	0.07%
	EXPD	D	0.05%	0.11%	0.05%
	FAST	B	0.03%	0.68%	0.03%
	FE	D	0.09%	0.02%	0.02%
	FI	A	0.32%	0.12%	0.12%
	FIS	B	0.19%	0.03%	0.03%
	FNF	C	0.06%	0.13%	0.06%
	FOX	A	0.02%	0.15%	0.02%
	FOXA	A	0.04%	0.28%	0.04%
	FTV	D	0.1%	0.14%	0.1%
	GD	D	0.33%	0.32%	0.32%
	GE	D	0.61%	0.29%	0.29%
	GILD	B	0.46%	0.58%	0.46%
	GIS	D	0.14%	0.11%	0.11%
	GLW	B	0.14%	0.09%	0.09%
	GPC	D	0.07%	0.29%	0.07%
	GRMN	B	0.13%	0.08%	0.08%
	GWW	A	0.03%	0.88%	0.03%
	HCA	D	0.19%	0.12%	0.12%
	HD	A	0.31%	0.75%	0.31%
	HIG	C	0.13%	0.34%	0.13%
	HLT	A	0.11%	0.11%	0.11%
	HOLX	D	0.07%	0.11%	0.07%
	HPE	B	0.11%	0.6%	0.11%
	HPQ	B	0.1%	0.27%	0.1%
	HSY	F	0.08%	0.13%	0.08%
	IBM	D	0.75%	0.98%	0.75%
	ICE	C	0.34%	0.16%	0.16%
	IRM	D	0.06%	0.1%	0.06%
	ITW	B	0.19%	0.41%	0.19%
	JNJ	D	1.44%	0.64%	0.64%
	JPM	A	2.61%	0.7%	0.7%
	KDP	D	0.14%	0.05%	0.05%
	KEYS	C	0.11%	0.38%	0.11%
	KHC	F	0.11%	0.15%	0.11%
	KMB	C	0.1%	0.23%	0.1%
	KMI	A	0.2%	0.19%	0.19%
	KO	D	0.41%	0.28%	0.28%
	KR	B	0.15%	0.52%	0.15%
	L	A	0.06%	0.43%	0.06%
	LDOS	C	0.1%	0.34%	0.1%
	LH	B	0.08%	0.19%	0.08%
	LHX	B	0.19%	0.12%	0.12%
	LIN	D	0.85%	0.13%	0.13%
	LMT	D	0.32%	0.17%	0.17%
	LNG	A	0.09%	0.09%	0.09%
	LOW	A	0.6%	0.71%	0.6%
	LYB	F	0.09%	0.22%	0.09%
	MAR	A	0.25%	0.02%	0.02%
	MAS	D	0.07%	0.5%	0.07%
	MCD	D	0.78%	0.42%	0.42%
	MCK	A	0.17%	0.63%	0.17%
	MDLZ	F	0.34%	0.16%	0.16%
	MET	A	0.18%	0.05%	0.05%
	MKL	A	0.06%	0.29%	0.06%
	MMC	C	0.37%	0.62%	0.37%
	MNST	D	0.03%	0.03%	0.03%
	MO	A	0.36%	0.13%	0.13%
	MSI	A	0.17%	0.97%	0.17%
	NDAQ	A	0.12%	0.04%	0.04%
	NOC	D	0.28%	0.05%	0.05%
	NTAP	D	0.05%	0.4%	0.05%
	NTRS	A	0.08%	0.06%	0.06%
	O	D	0.19%	0.05%	0.05%
	OKE	A	0.24%	0.09%	0.09%
	OMC	C	0.08%	0.11%	0.08%
	ORLY	A	0.02%	1.04%	0.02%
	OTIS	D	0.16%	0.13%	0.13%
	OXY	F	0.13%	0.08%	0.08%
	PAYX	B	0.12%	0.15%	0.12%
	PCAR	B	0.23%	0.24%	0.23%
	PEG	C	0.16%	0.09%	0.09%
	PEP	F	0.18%	0.58%	0.18%
	PG	C	1.18%	0.52%	0.52%
	PGR	B	0.09%	0.32%	0.09%
	PKG	B	0.08%	0.14%	0.08%
	PM	A	0.75%	0.14%	0.14%
	PPG	F	0.11%	0.04%	0.04%
	PPL	A	0.09%	0.05%	0.05%
	PRU	A	0.17%	0.11%	0.11%
	PSA	C	0.18%	0.02%	0.02%
	QCOM	F	0.05%	0.2%	0.05%
	REGN	F	0.31%	0.27%	0.27%
	RJF	A	0.12%	0.06%	0.06%
	ROP	C	0.23%	0.31%	0.23%
	ROST	D	0.14%	0.06%	0.06%
	RPRX	F	0.04%	0.13%	0.04%
	RSG	B	0.17%	0.48%	0.17%
	RTX	D	0.63%	0.22%	0.22%
	SHW	B	0.03%	0.24%	0.03%
	SNA	A	0.07%	0.13%	0.07%
	SO	C	0.37%	0.13%	0.13%
	SSNC	D	0.06%	0.25%	0.06%
	STT	B	0.11%	0.14%	0.11%
	SYK	A	0.37%	0.09%	0.09%
	SYY	D	0.06%	0.33%	0.06%
	T	A	0.62%	0.64%	0.62%
	TDG	D	0.23%	0.1%	0.1%
	TJX	A	0.21%	0.71%	0.21%
	TMO	D	0.81%	0.02%	0.02%
	TMUS	A	0.44%	0.3%	0.3%
	TRV	A	0.23%	0.19%	0.19%
	TSN	A	0.06%	0.08%	0.06%
	TXN	C	0.68%	0.05%	0.05%
	TXT	D	0.06%	0.2%	0.06%
	UNH	B	2.03%	0.68%	0.68%
	VRSN	D	0.06%	0.45%	0.06%
	VRTX	C	0.26%	0.15%	0.15%
	VTR	C	0.1%	0.02%	0.02%
	VZ	C	0.66%	0.54%	0.54%
	WAB	B	0.14%	0.18%	0.14%
	WEC	A	0.12%	0.02%	0.02%
	WELL	A	0.32%	0.05%	0.05%
	WFC	A	0.94%	0.13%	0.13%
	WMB	A	0.26%	0.17%	0.17%
	WMT	A	1.42%	1.4%	1.4%
	WRB	A	0.07%	0.25%	0.07%
	WTW	B	0.12%	0.02%	0.02%
	XOM	B	2.09%	0.26%	0.26%
	YUM	D	0.09%	0.52%	0.09%
	ZBH	C	0.08%	0.07%	0.07%
	ZTS	D	0.05%	0.13%	0.05%

IWD Overweight 672 Positions Relative to GLOV

	Symbol	Grade	Weight
	DIS	A	0.7%
	CAT	B	0.63%
	SPGI	C	0.61%
	NEE	C	0.61%
	DHR	D	0.61%
	BLK	A	0.59%
	PFE	F	0.58%
	MS	A	0.54%
	GS	A	0.52%
	MU	D	0.47%
	HON	A	0.46%
	INTC	C	0.43%
	ADI	D	0.43%
	MDT	D	0.43%
	PLD	D	0.41%
	SCHW	A	0.38%
	UPS	C	0.37%
	GEV	A	0.36%
	BA	F	0.34%
	PH	A	0.34%
	PYPL	A	0.33%
	EQIX	B	0.32%
	AMD	F	0.31%
	PNC	A	0.31%
	UNP	D	0.3%
	USB	B	0.3%
	EMR	A	0.28%
	KKR	A	0.28%
	MRVL	B	0.28%
	CRH	B	0.27%
	TGT	D	0.27%
	APD	A	0.27%
	COF	A	0.27%
	FCX	F	0.26%
	CARR	D	0.25%
	FDX	A	0.25%
	TT	A	0.24%
	NSC	B	0.24%
	SLB	C	0.24%
	GM	A	0.24%
	CEG	D	0.24%
	DLR	A	0.23%
	TFC	A	0.23%
	MMM	D	0.23%
	JCI	A	0.22%
	SRE	A	0.22%
	MPC	D	0.21%
	NEM	F	0.2%
	PSX	C	0.2%
	D	C	0.19%
	DHI	D	0.19%
	CCI	D	0.18%
	SPG	A	0.17%
	F	C	0.17%
	HWM	A	0.17%
	VLO	C	0.17%
	DFS	A	0.17%
	PCG	A	0.17%
	URI	B	0.17%
	KVUE	A	0.17%
	CTVA	D	0.16%
	LEN	D	0.16%
	IR	A	0.16%
	CBRE	B	0.16%
	BKR	A	0.16%
	NUE	D	0.15%
	EXC	C	0.15%
	MCHP	F	0.15%
	FERG	D	0.15%
	DAL	A	0.15%
	MSTR	B	0.15%
	A	D	0.15%
	EXR	C	0.14%
	DD	D	0.14%
	MLM	B	0.14%
	CHTR	B	0.14%
	STZ	D	0.14%
	XEL	A	0.14%
	VICI	C	0.13%
	AVB	A	0.13%
	PWR	A	0.13%
	FANG	D	0.13%
	GEHC	D	0.13%
	HUM	F	0.13%
	MTB	A	0.13%
	RCL	A	0.13%
	NKE	D	0.13%
	IQV	F	0.13%
	XYL	D	0.12%
	ON	F	0.12%
	TTWO	A	0.12%
	CSGP	F	0.12%
	EBAY	C	0.12%
	FITB	A	0.12%
	CNC	F	0.12%
	EW	C	0.12%
	PHM	D	0.11%
	MTD	F	0.11%
	EQR	C	0.11%
	ROK	A	0.11%
	GPN	B	0.11%
	UAL	A	0.11%
	VMC	B	0.11%
	ANSS	B	0.11%
	SBUX	A	0.1%
	ADM	D	0.1%
	HBAN	A	0.1%
	HUBB	B	0.1%
	SYF	A	0.1%
	HAL	C	0.1%
	TROW	A	0.1%
	FCNCA	A	0.1%
	AWK	D	0.1%
	EFX	F	0.1%
	RMD	C	0.1%
	NVR	D	0.1%
	SW	A	0.1%
	WBD	B	0.09%
	TDY	B	0.09%
	WDC	F	0.09%
	EQT	A	0.09%
	WY	D	0.09%
	RF	A	0.09%
	IFF	D	0.09%
	SBAC	D	0.09%
	CCL	A	0.09%
	ILMN	C	0.09%
	SQ	A	0.09%
	DVN	F	0.09%
	PFG	C	0.08%
	ARE	D	0.08%
	IP	A	0.08%
	COO	D	0.08%
	HOOD	A	0.08%
	INVH	D	0.08%
	FSLR	F	0.08%
	CFG	A	0.08%
	EXE	A	0.08%
	K	B	0.08%
	APO	A	0.08%
	ZM	B	0.08%
	ES	C	0.08%
	STE	D	0.08%
	STLD	B	0.08%
	PNR	A	0.07%
	CVNA	A	0.07%
	IEX	B	0.07%
	KEY	A	0.07%
	BAX	F	0.07%
	TRMB	A	0.07%
	UTHR	B	0.07%
	CSL	B	0.07%
	IBKR	A	0.07%
	J	D	0.07%
	WSO	A	0.07%
	RS	B	0.07%
	MAA	A	0.07%
	BALL	D	0.07%
	LUV	A	0.07%
	MSCI	A	0.07%
	BBY	C	0.07%
	CNP	A	0.07%
	ESS	A	0.07%
	BLDR	D	0.07%
	TRU	D	0.07%
	MKC	D	0.07%
	SWKS	F	0.06%
	VLTO	D	0.06%
	EME	B	0.06%
	COHR	B	0.06%
	UDR	C	0.06%
	GGG	A	0.06%
	RGA	A	0.06%
	CW	B	0.06%
	AMCR	C	0.06%
	LNT	A	0.06%
	NDSN	B	0.06%
	ACM	B	0.06%
	BRO	B	0.06%
	RVTY	D	0.06%
	MRNA	F	0.06%
	APTV	F	0.06%
	AVTR	F	0.06%
	CF	A	0.06%
	USFD	B	0.06%
	VTRS	A	0.06%
	SUI	D	0.06%
	THC	C	0.06%
	JBHT	B	0.06%
	DOC	D	0.06%
	MRO	A	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	GEN	B	0.06%
	NI	A	0.06%
	KIM	A	0.06%
	OC	A	0.06%
	DG	F	0.06%
	RRX	B	0.05%
	Z	A	0.05%
	FDS	A	0.05%
	TECH	D	0.05%
	NRG	B	0.05%
	EMN	C	0.05%
	BJ	B	0.05%
	SJM	F	0.05%
	ALB	C	0.05%
	TPR	A	0.05%
	UHS	D	0.05%
	NTNX	A	0.05%
	EPAM	B	0.05%
	BG	D	0.05%
	WPC	D	0.05%
	FTI	A	0.05%
	SCI	B	0.05%
	DLTR	F	0.05%
	UNM	A	0.05%
	ALLE	D	0.05%
	AMH	C	0.05%
	INCY	B	0.05%
	CACI	C	0.05%
	HST	D	0.05%
	CPT	D	0.05%
	ITT	A	0.05%
	TWLO	A	0.05%
	CASY	B	0.05%
	CHRW	A	0.05%
	BMRN	F	0.05%
	NVT	B	0.05%
	JNPR	D	0.05%
	AMAT	F	0.05%
	GLPI	D	0.05%
	BXP	D	0.05%
	JKHY	D	0.05%
	ELS	A	0.05%
	CLH	C	0.05%
	RPM	A	0.05%
	REG	A	0.05%
	RNR	D	0.05%
	JBL	C	0.05%
	SWK	F	0.05%
	EVRG	A	0.05%
	HES	B	0.05%
	EWBC	A	0.05%
	FFIV	B	0.05%
	ORI	A	0.04%
	PNFP	A	0.04%
	BRBR	A	0.04%
	TW	B	0.04%
	X	D	0.04%
	TFX	F	0.04%
	CNH	D	0.04%
	CMA	A	0.04%
	WST	C	0.04%
	GME	C	0.04%
	REXR	F	0.04%
	DCI	B	0.04%
	EL	F	0.04%
	KNX	B	0.04%
	FRT	B	0.04%
	DTM	A	0.04%
	SNX	D	0.04%
	AES	F	0.04%
	GL	B	0.04%
	WAL	A	0.04%
	FBIN	D	0.04%
	TTEK	D	0.04%
	INGR	B	0.04%
	RGLD	C	0.04%
	WBS	A	0.04%
	NLY	C	0.04%
	SOLV	C	0.04%
	AFG	A	0.04%
	LAD	B	0.04%
	WTRG	C	0.04%
	MKTX	C	0.04%
	LKQ	D	0.04%
	AYI	A	0.04%
	OHI	B	0.04%
	DKS	D	0.04%
	EHC	B	0.04%
	AVY	D	0.04%
	CIEN	B	0.04%
	ARMK	C	0.04%
	BKNG	A	0.04%
	ALSN	B	0.04%
	PRI	A	0.04%
	DPZ	C	0.04%
	PNW	A	0.04%
	TAP	A	0.04%
	FTNT	A	0.04%
	WWD	B	0.04%
	BLD	F	0.04%
	FWONK	B	0.04%
	CTLT	C	0.04%
	AFRM	A	0.04%
	FHN	A	0.04%
	CUBE	C	0.04%
	DAY	B	0.04%
	CRL	D	0.04%
	AIZ	A	0.04%
	CCK	D	0.04%
	KMX	B	0.04%
	EVR	A	0.04%
	NWSA	B	0.04%
	IPG	F	0.04%
	SOFI	A	0.04%
	AA	A	0.04%
	OVV	C	0.04%
	PFGC	B	0.04%
	CG	B	0.04%
	SF	A	0.04%
	ATR	B	0.04%
	COLD	F	0.03%
	AXS	A	0.03%
	PARA	C	0.03%
	WBA	F	0.03%
	IVZ	B	0.03%
	AZPN	A	0.03%
	DINO	D	0.03%
	DOCS	C	0.03%
	QRVO	F	0.03%
	MAT	C	0.03%
	FND	F	0.03%
	HRB	D	0.03%
	RGEN	D	0.03%
	WH	A	0.03%
	WSM	F	0.03%
	BBWI	C	0.03%
	HR	C	0.03%
	STAG	D	0.03%
	VMI	B	0.03%
	OKTA	D	0.03%
	LSTR	D	0.03%
	RLI	A	0.03%
	WEX	F	0.03%
	ALGN	D	0.03%
	CE	F	0.03%
	GNTX	C	0.03%
	CGNX	D	0.03%
	R	A	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%
	PB	A	0.03%
	FCN	F	0.03%
	ATI	D	0.03%
	SSD	D	0.03%
	OSK	C	0.03%
	VFC	B	0.03%
	MKSI	D	0.03%
	ESAB	B	0.03%
	FMC	F	0.03%
	COKE	D	0.03%
	CHE	D	0.03%
	MIDD	D	0.03%
	SKX	D	0.03%
	KEX	A	0.03%
	ADC	A	0.03%
	DASH	A	0.03%
	JAZZ	B	0.03%
	MHK	D	0.03%
	BWA	A	0.03%
	MTSI	B	0.03%
	PR	C	0.03%
	RHI	B	0.03%
	SAIC	D	0.03%
	BERY	D	0.03%
	RRC	B	0.03%
	NNN	D	0.03%
	FLS	A	0.03%
	MTCH	F	0.03%
	ROKU	D	0.03%
	LW	C	0.03%
	APA	F	0.03%
	WYNN	D	0.03%
	HII	F	0.03%
	VNO	B	0.03%
	G	A	0.03%
	ACI	C	0.03%
	SEIC	A	0.03%
	LBRDK	B	0.03%
	SNV	A	0.03%
	TKO	C	0.03%
	CFR	A	0.03%
	CART	C	0.03%
	CHRD	F	0.03%
	CBSH	A	0.03%
	VOYA	A	0.03%
	WTFC	A	0.03%
	LAMR	D	0.03%
	AAL	B	0.03%
	ZION	A	0.03%
	FYBR	C	0.03%
	AR	B	0.03%
	LECO	C	0.03%
	APG	C	0.03%
	COIN	A	0.03%
	OGE	A	0.03%
	EGP	D	0.03%
	BRX	A	0.03%
	CR	A	0.03%
	MGM	D	0.03%
	FICO	A	0.03%
	HSIC	D	0.03%
	GWRE	B	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%
	HRL	D	0.03%
	ALLY	C	0.03%
	HLI	A	0.03%
	TTC	D	0.03%
	MOS	D	0.03%
	WCC	A	0.03%
	RL	B	0.03%
	JEF	A	0.03%
	NYT	D	0.03%
	BWXT	A	0.03%
	GMED	A	0.03%
	PTC	B	0.03%
	AOS	F	0.03%
	MTZ	B	0.03%
	RBC	A	0.03%
	VNOM	B	0.02%
	ALNY	D	0.02%
	DXC	C	0.02%
	TYL	B	0.02%
	IAC	D	0.02%
	HOG	D	0.02%
	RH	C	0.02%
	FLO	D	0.02%
	ASH	F	0.02%
	CLF	F	0.02%
	MSM	C	0.02%
	KMPR	A	0.02%
	OGN	F	0.02%
	OLED	F	0.02%
	AMTM	D	0.02%
	LINE	F	0.02%
	TPG	B	0.02%
	AN	D	0.02%
	GTES	B	0.02%
	SITE	D	0.02%
	M	C	0.02%
	PAYC	B	0.02%
	GAP	C	0.02%
	DLB	D	0.02%
	AWI	A	0.02%
	WLK	F	0.02%
	GFS	C	0.02%
	SLGN	B	0.02%
	EEFT	C	0.02%
	DBX	C	0.02%
	AGO	A	0.02%
	RYN	D	0.02%
	WTM	A	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	AL	A	0.02%
	OZK	A	0.02%
	CROX	F	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	TKR	F	0.02%
	UGI	C	0.02%
	BYD	A	0.02%
	SON	D	0.02%
	SLM	A	0.02%
	ROIV	D	0.02%
	AVT	C	0.02%
	HXL	F	0.02%
	WSC	F	0.02%
	PSN	C	0.02%
	OLN	F	0.02%
	CCCS	A	0.02%
	NFG	A	0.02%
	LEA	F	0.02%
	POST	D	0.02%
	RITM	C	0.02%
	SN	C	0.02%
	THO	B	0.02%
	CRUS	F	0.02%
	LITE	A	0.02%
	EXAS	F	0.02%
	GNRC	B	0.02%
	THG	A	0.02%
	BFAM	F	0.02%
	JHG	A	0.02%
	FNB	A	0.02%
	BC	D	0.02%
	IDA	A	0.02%
	PVH	C	0.02%
	AMG	A	0.02%
	H	B	0.02%
	WHR	A	0.02%
	LNC	A	0.02%
	BILL	A	0.02%
	WMS	F	0.02%
	BEN	C	0.02%
	SAIA	B	0.02%
	OLLI	D	0.02%
	STWD	D	0.02%
	BPOP	C	0.02%
	MTDR	C	0.02%
	VNT	B	0.02%
	OMF	A	0.02%
	LFUS	D	0.02%
	KD	A	0.02%
	MTG	C	0.02%
	COLB	A	0.02%
	SIRI	C	0.02%
	ARW	D	0.02%
	FAF	C	0.02%
	S	B	0.02%
	ESI	B	0.02%
	ALK	A	0.02%
	NOV	D	0.02%
	MSA	D	0.02%
	DAR	B	0.02%
	ONTO	F	0.02%
	CERT	F	0.01%
	NCNO	B	0.01%
	LBRDA	B	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%
	CRI	D	0.01%
	BIRK	F	0.01%
	QS	F	0.01%
	LEN	D	0.01%
	CLVT	F	0.01%
	VSTS	F	0.01%
	FTRE	D	0.01%
	KSS	F	0.01%
	UAA	B	0.01%
	CNXC	F	0.01%
	LYFT	B	0.01%
	PPC	B	0.01%
	AZEK	B	0.01%
	ALAB	B	0.01%
	PSTG	F	0.01%
	ETSY	D	0.01%
	LPX	A	0.01%
	LCID	F	0.01%
	SAM	B	0.01%
	RCM	A	0.01%
	JWN	A	0.01%
	AAP	D	0.01%
	WU	F	0.01%
	ADT	B	0.01%
	RKT	F	0.01%
	CWEN	D	0.01%
	HAYW	A	0.01%
	YETI	F	0.01%
	BRKR	F	0.01%
	QDEL	F	0.01%
	CPRI	F	0.01%
	IPGP	D	0.01%
	PINC	B	0.01%
	GLOB	C	0.01%
	SHC	D	0.01%
	AZTA	F	0.01%
	ULTA	D	0.01%
	SPB	C	0.01%
	ENOV	C	0.01%
	AGR	A	0.01%
	MP	B	0.01%
	EXP	B	0.01%
	BOKF	A	0.01%
	HHH	B	0.01%
	ALGM	F	0.01%
	CC	C	0.01%
	COTY	F	0.01%
	CXT	D	0.01%
	COLM	B	0.01%
	VIRT	A	0.01%
	SEE	B	0.01%
	LLYVK	A	0.01%
	CNM	F	0.01%
	MPW	F	0.01%
	PAG	A	0.01%
	NSA	C	0.01%
	PK	C	0.01%
	MAN	F	0.01%
	PENN	B	0.01%
	SMG	D	0.01%
	AMKR	F	0.01%
	AMED	F	0.01%
	BROS	A	0.01%
	BHF	A	0.01%
	NXST	D	0.01%
	SPR	D	0.01%
	ECG	D	0.01%
	AM	A	0.01%
	IRDM	C	0.01%
	LBTYK	A	0.01%
	HUN	F	0.01%
	LBTYA	F	0.01%
	VAC	B	0.01%
	CPRT	A	0.01%
	MASI	A	0.01%
	ZG	A	0.01%
	EPR	D	0.01%
	U	F	0.01%
	LOPE	B	0.01%
	FHB	A	0.01%
	NVST	C	0.01%
	HIW	D	0.01%
	PII	F	0.01%
	PRGO	C	0.01%
	XRAY	F	0.01%
	MDU	D	0.01%
	NWS	A	0.01%
	TNL	A	0.01%
	W	F	0.01%
	ACHC	F	0.01%
	ZI	D	0.01%
	DNB	B	0.01%
	PLNT	A	0.01%
	NEU	C	0.01%
	UHAL	D	0.01%
	CIVI	F	0.01%
	NWL	B	0.01%
	MSGS	B	0.01%
	LOAR	B	0.0%
	UWMC	F	0.0%
	SEG	B	0.0%
	PARAA	B	0.0%
	NFE	F	0.0%
	UHAL	D	0.0%
	GRAL	C	0.0%
	LAZ	B	0.0%
	IONS	F	0.0%
	TXG	F	0.0%
	PLTK	A	0.0%
	CACC	D	0.0%
	CHH	A	0.0%
	DJT	C	0.0%
	UI	A	0.0%
	SEB	F	0.0%
	TFSL	A	0.0%
	PATH	D	0.0%
	FIVE	F	0.0%
	CAR	C	0.0%
	CWEN	D	0.0%
	LSCC	D	0.0%
	HCP	B	0.0%
	CNA	C	0.0%
	MTN	C	0.0%
	FWONA	B	0.0%
	PYCR	C	0.0%
	HAS	D	0.0%
	AS	B	0.0%
	DV	C	0.0%
	LLYVA	A	0.0%
	DDS	B	0.0%
	WOLF	F	0.0%

IWD Underweight 35 Positions Relative to GLOV

	Symbol	Grade	Weight
	AAPL	C	-3.37%
	MSFT	D	-2.75%
	NVDA	B	-2.12%
	AMZN	B	-1.4%
	META	C	-0.91%
	GOOGL	B	-0.83%
	MA	A	-0.81%
	GOOG	B	-0.77%
	V	A	-0.69%
	COST	B	-0.67%
	COR	B	-0.62%
	LLY	F	-0.57%
	MCO	C	-0.56%
	MRK	F	-0.46%
	WM	B	-0.46%
	ADBE	F	-0.44%
	IT	B	-0.43%
	AVGO	C	-0.41%
	NVS	D	-0.37%
	ROL	A	-0.35%
	TSCO	D	-0.32%
	CHKP	D	-0.3%
	CDNS	B	-0.29%
	CPAY	A	-0.25%
	ADSK	B	-0.23%
	ORCL	A	-0.21%
	SNPS	C	-0.15%
	VRSK	B	-0.14%
	E	F	-0.13%
	WCN	A	-0.13%
	CLX	A	-0.12%
	HSBH	A	-0.09%
	INTU	A	-0.08%
	TD	D	-0.06%
	UL	D	-0.04%

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

GLOV: Top Represented Industries & Keywords

Industries: Business Services Utilities - Regulated Electric Drug Manufacturers - Major Insurance - Property & Casualty Software - Application Aerospace & Defense Household & Personal Products Information Technology Services Banks - Global Diversified Industrials Specialty Chemicals Specialty Retail Asset Management Beverages - Soft Drinks Communication Equipment Financial Data & Stock Exchanges Health Care Plans Insurance - Diversified Insurance Brokers Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Insurance Natural Gas Dow Jones Component Computing Electricity Medicine Insurance Products Disability Electronics Pharmaceutical Products Work From Home Aerospace Banking Casualty Insurance Bank Biotechnology Cash Management Chemical