IWD vs. ILCB ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to iShares Morningstar U.S. Equity ETF (ILCB)

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

$197.45

Average Daily Volume

1,604,405

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

ILCB

iShares Morningstar U.S. Equity ETF

ILCB Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap IndexSM composed of large- and mid-capitalization U.S. equities. 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. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited similar growth and value characteristics, as determined by Morningstar, Inc. (Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$82.65

Average Daily Volume

39,960

Number of Holdings ^*

614

* may have additional holdings in another (foreign) market

Performance

Period	IWD	ILCB
30 Days	2.50%	2.25%
60 Days	4.52%	4.62%
90 Days	6.09%	6.00%
12 Months	28.49%	31.86%

509 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in ILCB	Overlap
	A	D	0.15%	0.07%	0.07%
	ABBV	F	0.65%	0.56%	0.56%
	ABT	B	0.78%	0.39%	0.39%
	ACGL	C	0.14%	0.07%	0.07%
	ACI	C	0.03%	0.01%	0.01%
	ACM	B	0.06%	0.03%	0.03%
	ACN	B	0.86%	0.43%	0.43%
	ADI	D	0.4%	0.2%	0.2%
	ADM	D	0.1%	0.05%	0.05%
	ADP	A	0.03%	0.23%	0.03%
	AEE	A	0.09%	0.05%	0.05%
	AEP	C	0.2%	0.1%	0.1%
	AES	F	0.04%	0.02%	0.02%
	AFG	A	0.04%	0.02%	0.02%
	AFL	B	0.24%	0.11%	0.11%
	AGR	A	0.01%	0.0%	0.0%
	AIG	B	0.19%	0.09%	0.09%
	AJG	A	0.23%	0.12%	0.12%
	AKAM	D	0.05%	0.03%	0.03%
	ALAB	B	0.01%	0.0%	0.0%
	ALB	B	0.05%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.17%	0.1%	0.1%
	ALLE	C	0.05%	0.02%	0.02%
	ALLY	C	0.03%	0.02%	0.02%
	ALNY	D	0.01%	0.06%	0.01%
	AMAT	F	0.04%	0.27%	0.04%
	AMCR	C	0.06%	0.03%	0.03%
	AMD	F	0.29%	0.42%	0.29%
	AME	A	0.17%	0.09%	0.09%
	AMGN	F	0.13%	0.29%	0.13%
	AMH	C	0.05%	0.02%	0.02%
	AMP	A	0.02%	0.11%	0.02%
	ANSS	B	0.11%	0.06%	0.06%
	AON	A	0.29%	0.16%	0.16%
	AOS	F	0.03%	0.02%	0.02%
	APA	D	0.03%	0.02%	0.02%
	APD	A	0.27%	0.14%	0.14%
	APH	A	0.14%	0.16%	0.14%
	APO	B	0.08%	0.13%	0.08%
	APTV	F	0.06%	0.02%	0.02%
	AR	B	0.03%	0.02%	0.02%
	ARE	F	0.07%	0.03%	0.03%
	ATO	A	0.08%	0.04%	0.04%
	AVB	B	0.13%	0.06%	0.06%
	AVTR	F	0.05%	0.03%	0.03%
	AVY	F	0.04%	0.03%	0.03%
	AWK	C	0.1%	0.05%	0.05%
	AXP	A	0.39%	0.31%	0.31%
	AZO	C	0.02%	0.1%	0.02%
	AZPN	A	0.03%	0.01%	0.01%
	BA	F	0.31%	0.2%	0.2%
	BAC	A	1.23%	0.61%	0.61%
	BALL	F	0.07%	0.04%	0.04%
	BAX	F	0.06%	0.03%	0.03%
	BBY	D	0.08%	0.03%	0.03%
	BDX	F	0.25%	0.13%	0.13%
	BEN	C	0.02%	0.01%	0.01%
	BG	D	0.05%	0.02%	0.02%
	BIIB	F	0.09%	0.04%	0.04%
	BJ	A	0.04%	0.02%	0.02%
	BK	A	0.22%	0.11%	0.11%
	BKNG	A	0.04%	0.32%	0.04%
	BKR	A	0.17%	0.08%	0.08%
	BLD	D	0.04%	0.02%	0.02%
	BLDR	D	0.07%	0.04%	0.04%
	BLK	B	0.6%	0.3%	0.3%
	BMRN	F	0.05%	0.02%	0.02%
	BMY	B	0.44%	0.22%	0.22%
	BR	A	0.01%	0.05%	0.01%
	BRK.A	B	3.35%	1.63%	1.63%
	BRKR	D	0.01%	0.01%	0.01%
	BRO	B	0.06%	0.05%	0.05%
	BSX	A	0.5%	0.25%	0.25%
	BXP	C	0.05%	0.02%	0.02%
	C	A	0.51%	0.25%	0.25%
	CAG	F	0.05%	0.02%	0.02%
	CAH	B	0.05%	0.06%	0.05%
	CARR	C	0.24%	0.12%	0.12%
	CASY	A	0.05%	0.03%	0.03%
	CAT	B	0.63%	0.36%	0.36%
	CB	C	0.45%	0.21%	0.21%
	CBRE	B	0.16%	0.08%	0.08%
	CCI	C	0.18%	0.09%	0.09%
	CCK	D	0.04%	0.02%	0.02%
	CCL	A	0.09%	0.05%	0.05%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	C	0.23%	0.14%	0.14%
	CF	A	0.06%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CG	B	0.04%	0.02%	0.02%
	CHD	A	0.1%	0.05%	0.05%
	CHTR	C	0.14%	0.07%	0.07%
	CI	D	0.32%	0.17%	0.17%
	CINF	A	0.09%	0.05%	0.05%
	CL	D	0.13%	0.15%	0.13%
	CLH	C	0.05%	0.02%	0.02%
	CMCSA	B	0.64%	0.32%	0.32%
	CME	B	0.32%	0.16%	0.16%
	CMI	A	0.19%	0.1%	0.1%
	CMS	C	0.08%	0.04%	0.04%
	CNC	D	0.12%	0.06%	0.06%
	CNH	C	0.04%	0.02%	0.02%
	CNM	D	0.01%	0.01%	0.01%
	CNP	A	0.08%	0.04%	0.04%
	COF	C	0.27%	0.14%	0.14%
	COIN	C	0.04%	0.12%	0.04%
	COO	D	0.08%	0.04%	0.04%
	COP	C	0.51%	0.25%	0.25%
	COTY	F	0.01%	0.01%	0.01%
	CPB	D	0.03%	0.02%	0.02%
	CPRT	B	0.01%	0.1%	0.01%
	CPT	B	0.05%	0.02%	0.02%
	CRH	A	0.26%	0.13%	0.13%
	CRL	D	0.04%	0.02%	0.02%
	CRM	B	0.18%	0.58%	0.18%
	CSCO	B	0.91%	0.45%	0.45%
	CSGP	D	0.11%	0.06%	0.06%
	CSL	C	0.07%	0.04%	0.04%
	CSX	C	0.27%	0.13%	0.13%
	CTAS	B	0.01%	0.14%	0.01%
	CTRA	B	0.07%	0.04%	0.04%
	CTSH	B	0.15%	0.07%	0.07%
	CTVA	C	0.15%	0.07%	0.07%
	CVS	D	0.26%	0.13%	0.13%
	CVX	A	1.08%	0.53%	0.53%
	D	C	0.19%	0.09%	0.09%
	DAL	B	0.16%	0.08%	0.08%
	DASH	B	0.03%	0.1%	0.03%
	DAY	B	0.04%	0.02%	0.02%
	DD	C	0.13%	0.07%	0.07%
	DE	B	0.39%	0.19%	0.19%
	DELL	B	0.12%	0.07%	0.07%
	DFS	B	0.17%	0.09%	0.09%
	DG	F	0.06%	0.03%	0.03%
	DGX	A	0.07%	0.03%	0.03%
	DHI	F	0.19%	0.09%	0.09%
	DHR	F	0.58%	0.29%	0.29%
	DINO	D	0.03%	0.01%	0.01%
	DIS	B	0.82%	0.4%	0.4%
	DKS	D	0.04%	0.02%	0.02%
	DLR	B	0.23%	0.11%	0.11%
	DLTR	F	0.05%	0.03%	0.03%
	DOC	C	0.06%	0.03%	0.03%
	DOV	A	0.11%	0.05%	0.05%
	DOW	F	0.12%	0.06%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.1%	0.05%	0.05%
	DUK	C	0.34%	0.17%	0.17%
	DVN	F	0.09%	0.05%	0.05%
	EA	A	0.17%	0.08%	0.08%
	EBAY	D	0.12%	0.06%	0.06%
	ECL	D	0.03%	0.12%	0.03%
	ED	C	0.13%	0.06%	0.06%
	EFX	F	0.09%	0.06%	0.06%
	EG	C	0.05%	0.03%	0.03%
	EIX	B	0.12%	0.06%	0.06%
	EL	F	0.04%	0.03%	0.03%
	ELS	C	0.05%	0.02%	0.02%
	ELV	F	0.3%	0.18%	0.18%
	EME	A	0.05%	0.05%	0.05%
	EMN	C	0.05%	0.02%	0.02%
	EMR	B	0.28%	0.14%	0.14%
	EOG	A	0.3%	0.15%	0.15%
	EPAM	B	0.05%	0.03%	0.03%
	EQIX	A	0.31%	0.16%	0.16%
	EQR	C	0.11%	0.05%	0.05%
	EQT	B	0.09%	0.05%	0.05%
	ES	C	0.08%	0.04%	0.04%
	ESS	B	0.07%	0.04%	0.04%
	ETN	A	0.56%	0.28%	0.28%
	ETR	B	0.12%	0.06%	0.06%
	EVRG	A	0.06%	0.03%	0.03%
	EW	C	0.13%	0.08%	0.08%
	EXAS	D	0.02%	0.02%	0.02%
	EXC	C	0.15%	0.08%	0.08%
	EXE	A	0.08%	0.04%	0.04%
	EXPD	C	0.06%	0.03%	0.03%
	EXR	C	0.13%	0.07%	0.07%
	F	C	0.17%	0.08%	0.08%
	FANG	C	0.13%	0.06%	0.06%
	FAST	B	0.03%	0.09%	0.03%
	FCNCA	A	0.1%	0.05%	0.05%
	FCX	F	0.24%	0.12%	0.12%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.26%	0.13%	0.13%
	FE	C	0.09%	0.04%	0.04%
	FERG	B	0.15%	0.08%	0.08%
	FFIV	B	0.05%	0.03%	0.03%
	FI	A	0.32%	0.23%	0.23%
	FICO	B	0.03%	0.11%	0.03%
	FIS	C	0.19%	0.09%	0.09%
	FITB	B	0.12%	0.06%	0.06%
	FND	D	0.03%	0.02%	0.02%
	FNF	B	0.06%	0.03%	0.03%
	FOX	A	0.02%	0.01%	0.01%
	FOXA	A	0.04%	0.02%	0.02%
	FSLR	F	0.08%	0.04%	0.04%
	FTNT	C	0.04%	0.12%	0.04%
	FTV	C	0.1%	0.05%	0.05%
	FWONA	A	0.0%	0.0%	0.0%
	FWONK	A	0.04%	0.03%	0.03%
	GD	D	0.31%	0.14%	0.14%
	GE	D	0.59%	0.37%	0.37%
	GEHC	D	0.13%	0.06%	0.06%
	GEN	B	0.06%	0.03%	0.03%
	GEV	B	0.35%	0.17%	0.17%
	GGG	B	0.06%	0.03%	0.03%
	GILD	C	0.43%	0.21%	0.21%
	GIS	D	0.14%	0.07%	0.07%
	GLPI	C	0.05%	0.02%	0.02%
	GLW	B	0.14%	0.07%	0.07%
	GM	C	0.25%	0.12%	0.12%
	GPC	D	0.07%	0.03%	0.03%
	GPN	B	0.12%	0.06%	0.06%
	GRMN	B	0.13%	0.06%	0.06%
	GS	A	0.53%	0.37%	0.37%
	GWW	B	0.03%	0.1%	0.03%
	HAL	C	0.1%	0.05%	0.05%
	HBAN	A	0.1%	0.05%	0.05%
	HCA	F	0.19%	0.12%	0.12%
	HD	B	0.32%	0.78%	0.32%
	HES	B	0.06%	0.08%	0.06%
	HIG	B	0.13%	0.07%	0.07%
	HII	F	0.03%	0.01%	0.01%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.07%	0.04%	0.04%
	HON	C	0.49%	0.29%	0.29%
	HOOD	B	0.08%	0.03%	0.03%
	HPE	B	0.11%	0.05%	0.05%
	HPQ	B	0.11%	0.07%	0.07%
	HRL	D	0.03%	0.02%	0.02%
	HST	C	0.05%	0.02%	0.02%
	HSY	F	0.08%	0.05%	0.05%
	HUBB	B	0.09%	0.04%	0.04%
	HUM	C	0.13%	0.06%	0.06%
	HWM	A	0.17%	0.09%	0.09%
	IBKR	A	0.07%	0.04%	0.04%
	IBM	C	0.73%	0.36%	0.36%
	ICE	C	0.34%	0.17%	0.17%
	IEX	C	0.07%	0.03%	0.03%
	IFF	D	0.09%	0.04%	0.04%
	ILMN	C	0.08%	0.04%	0.04%
	INCY	C	0.04%	0.02%	0.02%
	INTC	C	0.4%	0.2%	0.2%
	INVH	D	0.08%	0.04%	0.04%
	IP	A	0.08%	0.04%	0.04%
	IPG	D	0.04%	0.02%	0.02%
	IQV	F	0.12%	0.07%	0.07%
	IR	B	0.16%	0.08%	0.08%
	IRM	C	0.06%	0.06%	0.06%
	ITW	B	0.2%	0.15%	0.15%
	J	D	0.07%	0.03%	0.03%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	C	0.05%	0.03%	0.03%
	JCI	B	0.22%	0.11%	0.11%
	JKHY	D	0.05%	0.02%	0.02%
	JNJ	C	1.45%	0.71%	0.71%
	JNPR	D	0.05%	0.02%	0.02%
	JPM	A	2.74%	1.34%	1.34%
	K	A	0.08%	0.04%	0.04%
	KDP	F	0.14%	0.07%	0.07%
	KEY	B	0.07%	0.03%	0.03%
	KEYS	A	0.1%	0.05%	0.05%
	KHC	F	0.11%	0.05%	0.05%
	KIM	A	0.06%	0.03%	0.03%
	KKR	A	0.28%	0.19%	0.19%
	KMB	C	0.1%	0.09%	0.09%
	KMI	A	0.21%	0.1%	0.1%
	KMX	B	0.04%	0.02%	0.02%
	KO	D	0.4%	0.46%	0.4%
	KR	B	0.15%	0.08%	0.08%
	KVUE	A	0.18%	0.08%	0.08%
	L	A	0.06%	0.03%	0.03%
	LDOS	C	0.08%	0.04%	0.04%
	LECO	C	0.03%	0.02%	0.02%
	LEN	D	0.16%	0.0%	0.0%
	LEN	D	0.01%	0.08%	0.01%
	LEN	D	0.01%	0.0%	0.0%
	LEN	D	0.16%	0.08%	0.08%
	LH	B	0.08%	0.04%	0.04%
	LHX	C	0.18%	0.09%	0.09%
	LIN	C	0.84%	0.41%	0.41%
	LKQ	F	0.04%	0.02%	0.02%
	LMT	D	0.3%	0.22%	0.22%
	LNG	A	0.09%	0.09%	0.09%
	LNT	A	0.06%	0.03%	0.03%
	LOW	C	0.6%	0.3%	0.3%
	LUV	C	0.08%	0.04%	0.04%
	LW	C	0.03%	0.02%	0.02%
	LYB	F	0.08%	0.04%	0.04%
	MAA	B	0.07%	0.04%	0.04%
	MAR	A	0.25%	0.12%	0.12%
	MAS	D	0.07%	0.03%	0.03%
	MCD	D	0.77%	0.41%	0.41%
	MCHP	F	0.13%	0.06%	0.06%
	MCK	A	0.17%	0.15%	0.15%
	MDLZ	F	0.34%	0.17%	0.17%
	MDT	D	0.44%	0.22%	0.22%
	MET	A	0.19%	0.1%	0.1%
	MGM	D	0.03%	0.02%	0.02%
	MKC	C	0.07%	0.04%	0.04%
	MKL	A	0.07%	0.04%	0.04%
	MLM	C	0.13%	0.07%	0.07%
	MMC	B	0.37%	0.21%	0.21%
	MMM	D	0.23%	0.14%	0.14%
	MNST	C	0.03%	0.07%	0.03%
	MO	A	0.37%	0.18%	0.18%
	MOH	F	0.02%	0.03%	0.02%
	MOS	F	0.03%	0.02%	0.02%
	MPC	D	0.22%	0.1%	0.1%
	MRNA	F	0.05%	0.02%	0.02%
	MRO	B	0.06%	0.03%	0.03%
	MRVL	B	0.27%	0.15%	0.15%
	MS	A	0.57%	0.32%	0.32%
	MSCI	C	0.07%	0.09%	0.07%
	MSI	B	0.16%	0.16%	0.16%
	MSTR	B	0.19%	0.12%	0.12%
	MTB	A	0.14%	0.07%	0.07%
	MTD	F	0.1%	0.05%	0.05%
	MU	D	0.41%	0.21%	0.21%
	NDAQ	A	0.13%	0.06%	0.06%
	NDSN	B	0.06%	0.03%	0.03%
	NEE	C	0.61%	0.3%	0.3%
	NEM	D	0.18%	0.09%	0.09%
	NI	A	0.06%	0.03%	0.03%
	NKE	F	0.14%	0.17%	0.14%
	NOC	D	0.27%	0.14%	0.14%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.23%	0.11%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTNX	B	0.05%	0.03%	0.03%
	NTRS	A	0.08%	0.04%	0.04%
	NUE	C	0.14%	0.07%	0.07%
	NVR	D	0.1%	0.05%	0.05%
	NVT	B	0.05%	0.02%	0.02%
	NWS	A	0.01%	0.01%	0.01%
	NWSA	A	0.04%	0.02%	0.02%
	O	C	0.19%	0.09%	0.09%
	OC	A	0.07%	0.03%	0.03%
	OKE	A	0.25%	0.12%	0.12%
	OKTA	C	0.03%	0.02%	0.02%
	OMC	C	0.07%	0.04%	0.04%
	ON	D	0.11%	0.05%	0.05%
	ORLY	B	0.02%	0.14%	0.02%
	OTIS	C	0.16%	0.08%	0.08%
	OVV	B	0.04%	0.02%	0.02%
	OXY	D	0.13%	0.06%	0.06%
	PAG	B	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.11%	0.09%	0.09%
	PCAR	B	0.22%	0.11%	0.11%
	PCG	A	0.17%	0.09%	0.09%
	PEG	A	0.17%	0.09%	0.09%
	PEP	F	0.18%	0.42%	0.18%
	PFE	F	0.55%	0.27%	0.27%
	PFG	D	0.08%	0.04%	0.04%
	PFGC	B	0.04%	0.02%	0.02%
	PG	C	1.21%	0.77%	0.77%
	PGR	A	0.09%	0.29%	0.09%
	PH	A	0.35%	0.17%	0.17%
	PHM	D	0.1%	0.05%	0.05%
	PKG	A	0.08%	0.04%	0.04%
	PLD	F	0.41%	0.2%	0.2%
	PM	B	0.78%	0.38%	0.38%
	PNC	B	0.32%	0.16%	0.16%
	PNR	A	0.07%	0.03%	0.03%
	PPG	F	0.11%	0.06%	0.06%
	PPL	A	0.1%	0.05%	0.05%
	PRU	A	0.18%	0.09%	0.09%
	PSA	C	0.18%	0.1%	0.1%
	PSTG	D	0.01%	0.03%	0.01%
	PSX	C	0.21%	0.11%	0.11%
	PTC	B	0.03%	0.04%	0.03%
	PWR	A	0.13%	0.09%	0.09%
	PYPL	B	0.34%	0.17%	0.17%
	QCOM	F	0.04%	0.34%	0.04%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	A	0.14%	0.1%	0.1%
	REG	A	0.05%	0.02%	0.02%
	REGN	F	0.28%	0.15%	0.15%
	RF	A	0.09%	0.05%	0.05%
	RGA	A	0.06%	0.03%	0.03%
	RJF	A	0.12%	0.06%	0.06%
	RMD	C	0.1%	0.07%	0.07%
	RNR	C	0.05%	0.03%	0.03%
	ROK	C	0.12%	0.06%	0.06%
	ROP	B	0.23%	0.11%	0.11%
	ROST	D	0.14%	0.09%	0.09%
	RPM	A	0.05%	0.03%	0.03%
	RPRX	D	0.04%	0.02%	0.02%
	RRX	B	0.04%	0.02%	0.02%
	RS	B	0.07%	0.03%	0.03%
	RSG	A	0.17%	0.08%	0.08%
	RTX	D	0.61%	0.3%	0.3%
	RVTY	F	0.05%	0.03%	0.03%
	SAIA	B	0.02%	0.03%	0.02%
	SBAC	D	0.09%	0.05%	0.05%
	SBUX	A	0.1%	0.22%	0.1%
	SCHW	B	0.42%	0.22%	0.22%
	SCI	B	0.05%	0.02%	0.02%
	SHW	B	0.03%	0.17%	0.03%
	SIRI	C	0.02%	0.01%	0.01%
	SJM	D	0.04%	0.02%	0.02%
	SLB	C	0.24%	0.12%	0.12%
	SNA	A	0.07%	0.04%	0.04%
	SNX	D	0.03%	0.01%	0.01%
	SO	C	0.37%	0.18%	0.18%
	SOLV	D	0.04%	0.02%	0.02%
	SPG	A	0.17%	0.11%	0.11%
	SPGI	C	0.61%	0.3%	0.3%
	SQ	A	0.11%	0.09%	0.09%
	SRE	A	0.23%	0.11%	0.11%
	SSNC	B	0.06%	0.03%	0.03%
	STE	D	0.08%	0.04%	0.04%
	STLD	B	0.08%	0.04%	0.04%
	STT	B	0.11%	0.06%	0.06%
	STZ	D	0.15%	0.07%	0.07%
	SUI	C	0.06%	0.03%	0.03%
	SW	A	0.1%	0.05%	0.05%
	SWK	D	0.05%	0.03%	0.03%
	SWKS	F	0.05%	0.03%	0.03%
	SYF	B	0.1%	0.05%	0.05%
	SYK	B	0.39%	0.27%	0.27%
	SYY	D	0.06%	0.07%	0.06%
	T	A	0.63%	0.31%	0.31%
	TAP	C	0.04%	0.02%	0.02%
	TDG	D	0.21%	0.13%	0.13%
	TDY	B	0.08%	0.04%	0.04%
	TECH	F	0.04%	0.02%	0.02%
	TER	F	0.01%	0.03%	0.01%
	TFC	A	0.24%	0.12%	0.12%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.27%	0.14%	0.14%
	THC	D	0.06%	0.03%	0.03%
	TJX	A	0.22%	0.26%	0.22%
	TMO	F	0.76%	0.38%	0.38%
	TMUS	B	0.44%	0.22%	0.22%
	TOL	B	0.06%	0.03%	0.03%
	TRMB	B	0.07%	0.03%	0.03%
	TROW	B	0.1%	0.05%	0.05%
	TRU	D	0.07%	0.04%	0.04%
	TRV	B	0.23%	0.11%	0.11%
	TSN	B	0.07%	0.03%	0.03%
	TT	A	0.24%	0.18%	0.18%
	TTEK	F	0.03%	0.02%	0.02%
	TTWO	A	0.12%	0.06%	0.06%
	TW	A	0.04%	0.03%	0.03%
	TWLO	A	0.05%	0.03%	0.03%
	TXN	C	0.63%	0.35%	0.35%
	TXT	D	0.06%	0.03%	0.03%
	TYL	B	0.01%	0.05%	0.01%
	U	C	0.01%	0.01%	0.01%
	UAL	A	0.12%	0.06%	0.06%
	UDR	B	0.06%	0.03%	0.03%
	UHAL	D	0.0%	0.01%	0.0%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.0%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.05%	0.02%	0.02%
	ULTA	F	0.01%	0.03%	0.01%
	UNH	B	1.98%	1.05%	1.05%
	UNM	A	0.05%	0.02%	0.02%
	UNP	C	0.29%	0.28%	0.28%
	UPS	C	0.38%	0.19%	0.19%
	URI	C	0.16%	0.11%	0.11%
	USB	A	0.3%	0.15%	0.15%
	USFD	A	0.06%	0.03%	0.03%
	UTHR	C	0.06%	0.03%	0.03%
	VICI	C	0.13%	0.06%	0.06%
	VLO	C	0.17%	0.09%	0.09%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.11%	0.07%	0.07%
	VRSN	C	0.06%	0.03%	0.03%
	VRTX	D	0.23%	0.23%	0.23%
	VTR	B	0.1%	0.05%	0.05%
	VTRS	A	0.06%	0.03%	0.03%
	VZ	C	0.68%	0.34%	0.34%
	WAB	B	0.13%	0.07%	0.07%
	WAT	C	0.03%	0.04%	0.03%
	WBA	F	0.02%	0.01%	0.01%
	WBD	B	0.09%	0.04%	0.04%
	WDC	D	0.08%	0.04%	0.04%
	WEC	A	0.12%	0.06%	0.06%
	WELL	A	0.32%	0.16%	0.16%
	WFC	A	1.01%	0.49%	0.49%
	WLK	D	0.02%	0.01%	0.01%
	WMB	A	0.27%	0.13%	0.13%
	WMS	F	0.02%	0.02%	0.02%
	WMT	A	1.42%	0.7%	0.7%
	WPC	C	0.05%	0.02%	0.02%
	WRB	A	0.07%	0.04%	0.04%
	WSM	C	0.03%	0.03%	0.03%
	WSO	A	0.07%	0.04%	0.04%
	WST	C	0.04%	0.04%	0.04%
	WTRG	B	0.04%	0.02%	0.02%
	WTW	B	0.12%	0.06%	0.06%
	WY	F	0.09%	0.04%	0.04%
	WYNN	C	0.03%	0.02%	0.02%
	XEL	A	0.15%	0.07%	0.07%
	XOM	B	2.08%	1.02%	1.02%
	XYL	D	0.11%	0.06%	0.06%
	YUM	D	0.09%	0.07%	0.07%
	ZBH	C	0.09%	0.04%	0.04%
	ZBRA	B	0.06%	0.04%	0.04%
	ZM	C	0.08%	0.04%	0.04%
	ZTS	D	0.05%	0.15%	0.05%

IWD Overweight 360 Positions Relative to ILCB

	Symbol	Grade	Weight
	CBOE	C	0.08%
	CVNA	B	0.07%
	EWBC	A	0.06%
	Z	A	0.05%
	SOFI	B	0.05%
	FTI	A	0.05%
	COHR	B	0.05%
	ITT	A	0.05%
	CHRW	B	0.05%
	TPR	B	0.05%
	AFRM	A	0.05%
	CW	C	0.05%
	GMED	A	0.04%
	REXR	F	0.04%
	CMA	B	0.04%
	BWXT	B	0.04%
	FBIN	D	0.04%
	INGR	C	0.04%
	DCI	B	0.04%
	RGLD	C	0.04%
	ORI	A	0.04%
	JEF	A	0.04%
	PNFP	B	0.04%
	BRBR	A	0.04%
	FRT	B	0.04%
	MKTX	D	0.04%
	CIEN	C	0.04%
	DOX	D	0.04%
	GL	C	0.04%
	DTM	A	0.04%
	WAL	B	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	NLY	C	0.04%
	OHI	C	0.04%
	GME	C	0.04%
	LAD	A	0.04%
	ALSN	B	0.04%
	AYI	B	0.04%
	WWD	C	0.04%
	WBS	A	0.04%
	CACI	D	0.04%
	PRI	B	0.04%
	PNW	A	0.04%
	EVR	B	0.04%
	CTLT	C	0.04%
	CUBE	C	0.04%
	ATR	B	0.04%
	AA	A	0.04%
	FHN	A	0.04%
	SF	B	0.04%
	AIZ	A	0.04%
	COLB	B	0.03%
	MTG	C	0.03%
	CGNX	D	0.03%
	FAF	A	0.03%
	IVZ	B	0.03%
	LSTR	D	0.03%
	BILL	A	0.03%
	STAG	D	0.03%
	WEX	D	0.03%
	HR	B	0.03%
	AXS	A	0.03%
	VMI	B	0.03%
	MKSI	C	0.03%
	FMC	D	0.03%
	ALK	B	0.03%
	WH	B	0.03%
	HRB	D	0.03%
	DAR	C	0.03%
	FCN	F	0.03%
	MTSI	B	0.03%
	GXO	B	0.03%
	RLI	A	0.03%
	SSD	F	0.03%
	FR	D	0.03%
	ATI	C	0.03%
	GNTX	C	0.03%
	ELAN	D	0.03%
	R	B	0.03%
	ESAB	C	0.03%
	VFC	C	0.03%
	OSK	C	0.03%
	BBWI	C	0.03%
	AGNC	C	0.03%
	VNO	C	0.03%
	KBR	F	0.03%
	CART	C	0.03%
	MIDD	C	0.03%
	SKX	D	0.03%
	COKE	C	0.03%
	MHK	D	0.03%
	LBRDK	C	0.03%
	PB	B	0.03%
	ROKU	D	0.03%
	CHE	D	0.03%
	RHI	C	0.03%
	JAZZ	B	0.03%
	ADC	A	0.03%
	KEX	B	0.03%
	PR	B	0.03%
	NNN	C	0.03%
	BERY	C	0.03%
	FLS	B	0.03%
	BWA	D	0.03%
	G	B	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	CZR	F	0.03%
	SNV	C	0.03%
	X	B	0.03%
	TKO	A	0.03%
	SEIC	B	0.03%
	APG	B	0.03%
	CFR	B	0.03%
	LAMR	C	0.03%
	RIVN	F	0.03%
	VOYA	B	0.03%
	EGP	D	0.03%
	RL	C	0.03%
	GPK	C	0.03%
	NYT	D	0.03%
	MTZ	B	0.03%
	CR	A	0.03%
	JLL	D	0.03%
	CBSH	B	0.03%
	TTC	C	0.03%
	OGE	A	0.03%
	FYBR	C	0.03%
	WTFC	A	0.03%
	GWRE	A	0.03%
	ZION	B	0.03%
	BRX	A	0.03%
	AAL	B	0.03%
	HSIC	C	0.03%
	KNX	C	0.03%
	HLI	A	0.03%
	AXTA	B	0.03%
	RBC	A	0.03%
	WCC	B	0.03%
	OGN	F	0.02%
	LINE	F	0.02%
	SITE	F	0.02%
	HOG	D	0.02%
	FLO	D	0.02%
	TPG	A	0.02%
	GTES	A	0.02%
	GFS	C	0.02%
	DLB	B	0.02%
	M	F	0.02%
	AN	C	0.02%
	KMPR	A	0.02%
	GAP	C	0.02%
	AWI	A	0.02%
	RYN	D	0.02%
	SLGN	A	0.02%
	PSN	D	0.02%
	WSC	F	0.02%
	EEFT	B	0.02%
	DBX	B	0.02%
	KRC	B	0.02%
	CUZ	B	0.02%
	AGO	B	0.02%
	ST	F	0.02%
	FRPT	A	0.02%
	AVT	C	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	OLN	F	0.02%
	TKR	D	0.02%
	WTM	A	0.02%
	HXL	F	0.02%
	BYD	B	0.02%
	SON	F	0.02%
	AL	B	0.02%
	UGI	C	0.02%
	BFAM	D	0.02%
	OZK	B	0.02%
	POST	C	0.02%
	SLM	A	0.02%
	SN	D	0.02%
	CCCS	B	0.02%
	LEA	F	0.02%
	CRUS	D	0.02%
	LITE	B	0.02%
	GNRC	C	0.02%
	RITM	C	0.02%
	BC	C	0.02%
	THO	B	0.02%
	NFG	A	0.02%
	OLLI	D	0.02%
	DOCS	C	0.02%
	PVH	C	0.02%
	H	B	0.02%
	JHG	B	0.02%
	THG	A	0.02%
	AGCO	D	0.02%
	AMG	B	0.02%
	ONTO	F	0.02%
	LNC	C	0.02%
	FNB	A	0.02%
	VNT	C	0.02%
	LFUS	D	0.02%
	IDA	A	0.02%
	WHR	B	0.02%
	RGEN	D	0.02%
	S	B	0.02%
	STWD	C	0.02%
	ARW	D	0.02%
	BIO	C	0.02%
	MTDR	B	0.02%
	BPOP	C	0.02%
	OMF	A	0.02%
	SAIC	F	0.02%
	COLD	D	0.02%
	ESI	B	0.02%
	NOV	C	0.02%
	KD	B	0.02%
	MSA	F	0.02%
	MAT	D	0.02%
	PARA	C	0.02%
	LLYVA	A	0.01%
	DDS	B	0.01%
	SNDR	B	0.01%
	TRIP	F	0.01%
	REYN	D	0.01%
	FTRE	D	0.01%
	LEG	F	0.01%
	WEN	D	0.01%
	EXEL	B	0.01%
	GO	C	0.01%
	UA	C	0.01%
	QS	F	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	CNXC	F	0.01%
	VSTS	C	0.01%
	CRI	F	0.01%
	PPC	C	0.01%
	QDEL	F	0.01%
	AZEK	A	0.01%
	RKT	F	0.01%
	LBTYK	A	0.01%
	KSS	F	0.01%
	LCID	F	0.01%
	INFA	D	0.01%
	ETSY	D	0.01%
	UAA	C	0.01%
	LBTYA	F	0.01%
	LYFT	C	0.01%
	IPGP	D	0.01%
	GLOB	B	0.01%
	SHC	F	0.01%
	ADT	C	0.01%
	LPX	B	0.01%
	RCM	A	0.01%
	AAP	D	0.01%
	CWEN	C	0.01%
	WU	F	0.01%
	AZTA	D	0.01%
	YETI	D	0.01%
	JWN	D	0.01%
	HAYW	B	0.01%
	SAM	C	0.01%
	PINC	B	0.01%
	ALGM	D	0.01%
	SPB	C	0.01%
	MP	C	0.01%
	CPRI	F	0.01%
	HHH	B	0.01%
	EXP	B	0.01%
	ENOV	C	0.01%
	MPW	F	0.01%
	BOKF	B	0.01%
	CC	C	0.01%
	CXT	C	0.01%
	SEE	C	0.01%
	COLM	C	0.01%
	AMKR	D	0.01%
	VIRT	A	0.01%
	ECG	C	0.01%
	AMED	F	0.01%
	MAN	F	0.01%
	SNRE	D	0.01%
	NSA	C	0.01%
	LLYVK	A	0.01%
	PK	C	0.01%
	NXST	C	0.01%
	IRDM	D	0.01%
	BROS	A	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	AMTM	D	0.01%
	SMG	C	0.01%
	LOPE	C	0.01%
	BHF	C	0.01%
	VAC	C	0.01%
	ZI	D	0.01%
	HUN	F	0.01%
	AM	A	0.01%
	HIW	C	0.01%
	EPR	C	0.01%
	MASI	B	0.01%
	ZG	A	0.01%
	PII	F	0.01%
	ACHC	F	0.01%
	FHB	B	0.01%
	CLF	F	0.01%
	IAC	F	0.01%
	NVST	B	0.01%
	W	D	0.01%
	PRGO	C	0.01%
	VNOM	A	0.01%
	TNL	A	0.01%
	XRAY	F	0.01%
	CIVI	D	0.01%
	NWL	C	0.01%
	DNB	B	0.01%
	MDU	D	0.01%
	MSGS	A	0.01%
	NEU	D	0.01%
	RH	C	0.01%
	DXC	B	0.01%
	PLNT	A	0.01%
	OLED	F	0.01%
	MSM	C	0.01%
	ASH	F	0.01%
	LOAR	B	0.0%
	UWMC	D	0.0%
	SEG	B	0.0%
	PARAA	B	0.0%
	NFE	D	0.0%
	IONS	F	0.0%
	LAZ	B	0.0%
	GRAL	B	0.0%
	TXG	F	0.0%
	CACC	D	0.0%
	PLTK	B	0.0%
	DJT	C	0.0%
	CHH	A	0.0%
	SEB	F	0.0%
	UI	B	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	WOLF	F	0.0%
	LSCC	D	0.0%
	FIVE	F	0.0%
	CWEN	C	0.0%
	HCP	B	0.0%
	CAR	C	0.0%
	MTN	C	0.0%
	CNA	C	0.0%
	PYCR	B	0.0%
	HAS	D	0.0%
	AS	A	0.0%
	CERT	F	0.0%
	DV	C	0.0%
	LBRDA	C	0.0%
	NCNO	C	0.0%

IWD Underweight 109 Positions Relative to ILCB

	Symbol	Grade	Weight
	NVDA	B	-6.48%
	AAPL	C	-6.21%
	MSFT	D	-5.94%
	AMZN	C	-3.7%
	META	D	-2.34%
	GOOGL	C	-1.95%
	GOOG	C	-1.74%
	TSLA	B	-1.72%
	AVGO	D	-1.45%
	LLY	F	-1.22%
	V	A	-1.0%
	MA	B	-0.82%
	COST	A	-0.78%
	NFLX	A	-0.68%
	ORCL	A	-0.57%
	MRK	D	-0.47%
	ADBE	C	-0.43%
	NOW	A	-0.4%
	INTU	B	-0.37%
	ISRG	A	-0.36%
	UBER	F	-0.28%
	BX	A	-0.25%
	PLTR	B	-0.25%
	PANW	B	-0.24%
	ANET	C	-0.19%
	LRCX	F	-0.18%
	AMT	C	-0.18%
	MELI	C	-0.18%
	KLAC	F	-0.16%
	CRWD	B	-0.15%
	CDNS	B	-0.15%
	SNPS	B	-0.15%
	WM	B	-0.15%
	CMG	B	-0.15%
	MCO	B	-0.14%
	APP	B	-0.12%
	ADSK	A	-0.12%
	WDAY	B	-0.11%
	NXPI	D	-0.11%
	ABNB	C	-0.11%
	TTD	B	-0.1%
	TEL	B	-0.09%
	VST	A	-0.09%
	IT	C	-0.08%
	VRSK	A	-0.08%
	COR	B	-0.08%
	SNOW	B	-0.08%
	ODFL	C	-0.08%
	TRGP	A	-0.08%
	AXON	A	-0.08%
	VRT	B	-0.08%
	HUBS	A	-0.07%
	IDXX	F	-0.07%
	LULU	C	-0.07%
	DDOG	A	-0.07%
	TEAM	A	-0.07%
	CPNG	D	-0.06%
	TSCO	D	-0.06%
	DXCM	C	-0.06%
	ARES	A	-0.06%
	VEEV	C	-0.06%
	LPLA	A	-0.05%
	GDDY	A	-0.05%
	CPAY	A	-0.05%
	RBLX	C	-0.05%
	MPWR	F	-0.05%
	TPL	A	-0.05%
	DECK	A	-0.05%
	NET	B	-0.05%
	ZS	B	-0.04%
	BAH	F	-0.04%
	DKNG	B	-0.04%
	LYV	A	-0.04%
	LVS	B	-0.04%
	STX	C	-0.04%
	LII	A	-0.04%
	MDB	B	-0.04%
	CLX	A	-0.04%
	EXPE	B	-0.04%
	POOL	C	-0.03%
	DT	D	-0.03%
	ENTG	D	-0.03%
	ROL	B	-0.03%
	FLEX	B	-0.03%
	FIX	A	-0.03%
	DOCU	B	-0.03%
	HEI	A	-0.03%
	MANH	D	-0.03%
	PINS	F	-0.03%
	XPO	B	-0.03%
	BURL	B	-0.03%
	PODD	C	-0.03%
	NTRA	A	-0.03%
	MEDP	D	-0.02%
	DVA	C	-0.02%
	ENPH	F	-0.02%
	WING	D	-0.02%
	MORN	B	-0.02%
	SMCI	F	-0.02%
	SRPT	F	-0.02%
	CHDN	B	-0.02%
	ERIE	D	-0.02%
	HEI	A	-0.02%
	SNAP	D	-0.02%
	NBIX	C	-0.02%
	EQH	C	-0.02%
	CELH	F	-0.01%
	PCOR	B	-0.01%
	BSY	F	-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 Dow Jones Component Medicine Beverage Biotechnology

ILCB: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Utilities - Regulated Electric Semiconductors Oil & Gas E&P Asset Management Specialty Retail Biotechnology Capital Markets Software - Infrastructure Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Aerospace Chemical Medicine Telecommunications Real Estate Investment Trust Semiconductor Bank Cloud Computing Mining Banking Insurance Products Mobile Devices