IWD vs. IVW ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to iShares S&P 500 Growth ETF (IVW)

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

$193.82

Average Daily Volume

1,525,194

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

IVW

iShares S&P 500 Growth ETF

IVW Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth 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 S&P 500® Growth Index (the "underlying index"), which measures the performance of the large-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$100.34

Average Daily Volume

1,903,456

Number of Holdings ^*

233

* may have additional holdings in another (foreign) market

Performance

Period	IWD	IVW
30 Days	1.01%	3.73%
60 Days	4.67%	7.59%
90 Days	6.87%	8.45%
12 Months	28.05%	40.44%

170 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in IVW	Overlap
	ABBV	F	0.77%	0.45%	0.45%
	ACGL	C	0.14%	0.13%	0.13%
	ACN	B	0.86%	0.42%	0.42%
	ADI	D	0.43%	0.23%	0.23%
	ADP	A	0.03%	0.17%	0.03%
	AJG	A	0.23%	0.11%	0.11%
	AKAM	F	0.05%	0.03%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALLE	D	0.05%	0.02%	0.02%
	AMAT	F	0.05%	0.55%	0.05%
	AMD	F	0.31%	0.83%	0.31%
	AME	A	0.17%	0.07%	0.07%
	AMP	A	0.02%	0.1%	0.02%
	ANSS	B	0.11%	0.06%	0.06%
	AON	B	0.29%	0.14%	0.14%
	AOS	F	0.03%	0.02%	0.02%
	APA	F	0.03%	0.03%	0.03%
	APH	B	0.14%	0.17%	0.14%
	AXP	B	0.39%	0.39%	0.39%
	AZO	B	0.02%	0.13%	0.02%
	BA	F	0.34%	0.17%	0.17%
	BKNG	A	0.04%	0.57%	0.04%
	BLDR	C	0.07%	0.07%	0.07%
	BR	A	0.01%	0.05%	0.01%
	BRO	B	0.06%	0.07%	0.06%
	BSX	A	0.5%	0.24%	0.24%
	CARR	C	0.25%	0.1%	0.1%
	CAT	B	0.63%	0.39%	0.39%
	CBOE	D	0.08%	0.05%	0.05%
	CCL	B	0.09%	0.06%	0.06%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.03%	0.03%	0.03%
	CEG	D	0.24%	0.12%	0.12%
	CF	B	0.06%	0.03%	0.03%
	CHD	A	0.1%	0.04%	0.04%
	CHTR	B	0.14%	0.06%	0.06%
	CL	F	0.13%	0.1%	0.1%
	CME	B	0.31%	0.1%	0.1%
	COO	D	0.08%	0.03%	0.03%
	COP	C	0.5%	0.31%	0.31%
	CPRT	A	0.01%	0.17%	0.01%
	CRM	B	0.18%	1.03%	0.18%
	CSGP	F	0.12%	0.05%	0.05%
	CSX	B	0.27%	0.12%	0.12%
	CTAS	B	0.02%	0.14%	0.02%
	CTRA	B	0.07%	0.04%	0.04%
	CZR	F	0.03%	0.02%	0.02%
	DAL	A	0.15%	0.07%	0.07%
	DAY	B	0.04%	0.02%	0.02%
	DE	D	0.38%	0.21%	0.21%
	DELL	C	0.12%	0.07%	0.07%
	DFS	B	0.17%	0.08%	0.08%
	DHI	D	0.19%	0.17%	0.17%
	DLR	C	0.23%	0.08%	0.08%
	DPZ	C	0.04%	0.02%	0.02%
	DRI	B	0.04%	0.04%	0.04%
	EA	A	0.16%	0.06%	0.06%
	ECL	C	0.03%	0.11%	0.03%
	EFX	F	0.1%	0.04%	0.04%
	EOG	A	0.3%	0.16%	0.16%
	EPAM	B	0.05%	0.02%	0.02%
	EQIX	B	0.32%	0.14%	0.14%
	ETN	B	0.56%	0.31%	0.31%
	EW	F	0.12%	0.05%	0.05%
	EXPD	C	0.05%	0.02%	0.02%
	FANG	C	0.13%	0.12%	0.12%
	FAST	B	0.03%	0.08%	0.03%
	FCX	F	0.26%	0.12%	0.12%
	FDS	A	0.05%	0.03%	0.03%
	FI	A	0.32%	0.21%	0.21%
	FICO	B	0.03%	0.18%	0.03%
	FTNT	B	0.04%	0.18%	0.04%
	FTV	C	0.1%	0.09%	0.09%
	GE	D	0.61%	0.29%	0.29%
	GEV	B	0.36%	0.14%	0.14%
	GNRC	B	0.02%	0.02%	0.02%
	GRMN	A	0.13%	0.06%	0.06%
	GWW	B	0.03%	0.14%	0.03%
	HCA	D	0.19%	0.11%	0.11%
	HD	B	0.31%	0.5%	0.31%
	HES	B	0.05%	0.14%	0.05%
	HLT	A	0.11%	0.21%	0.11%
	HST	D	0.05%	0.03%	0.03%
	HSY	F	0.08%	0.03%	0.03%
	HUBB	C	0.1%	0.04%	0.04%
	HWM	B	0.17%	0.09%	0.09%
	IQV	F	0.13%	0.05%	0.05%
	IR	A	0.16%	0.11%	0.11%
	IRM	D	0.06%	0.06%	0.06%
	ITW	B	0.19%	0.12%	0.12%
	JBL	C	0.05%	0.03%	0.03%
	KKR	B	0.28%	0.35%	0.28%
	KO	F	0.41%	0.33%	0.33%
	LEN	D	0.16%	0.08%	0.08%
	LEN	D	0.01%	0.08%	0.01%
	LIN	D	0.85%	0.4%	0.4%
	LW	B	0.03%	0.03%	0.03%
	MAR	A	0.25%	0.22%	0.22%
	MAS	D	0.07%	0.03%	0.03%
	MCD	C	0.78%	0.32%	0.32%
	MCHP	F	0.15%	0.08%	0.08%
	MDLZ	F	0.34%	0.13%	0.13%
	MGM	D	0.03%	0.02%	0.02%
	MLM	B	0.14%	0.09%	0.09%
	MMC	D	0.37%	0.2%	0.2%
	MNST	B	0.03%	0.08%	0.03%
	MOH	F	0.03%	0.04%	0.03%
	MPC	D	0.21%	0.1%	0.1%
	MRO	B	0.06%	0.03%	0.03%
	MSCI	B	0.07%	0.09%	0.07%
	MSI	B	0.17%	0.16%	0.16%
	MTD	F	0.11%	0.04%	0.04%
	NKE	F	0.13%	0.13%	0.13%
	NTAP	D	0.05%	0.03%	0.03%
	NUE	D	0.15%	0.08%	0.08%
	NVR	D	0.1%	0.1%	0.1%
	OKE	A	0.24%	0.13%	0.13%
	ON	F	0.12%	0.05%	0.05%
	ORLY	A	0.02%	0.18%	0.02%
	OTIS	D	0.16%	0.05%	0.05%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	B	0.12%	0.06%	0.06%
	PCAR	B	0.23%	0.15%	0.15%
	PEP	D	0.18%	0.28%	0.18%
	PG	C	1.18%	0.51%	0.51%
	PGR	A	0.09%	0.26%	0.09%
	PH	A	0.34%	0.24%	0.24%
	PHM	D	0.11%	0.09%	0.09%
	PM	B	0.75%	0.24%	0.24%
	PNR	A	0.07%	0.04%	0.04%
	PSA	D	0.18%	0.08%	0.08%
	PTC	B	0.03%	0.05%	0.03%
	PWR	B	0.13%	0.11%	0.11%
	QCOM	F	0.05%	0.34%	0.05%
	RCL	A	0.13%	0.18%	0.13%
	REGN	F	0.31%	0.18%	0.18%
	RL	B	0.03%	0.02%	0.02%
	ROK	B	0.11%	0.05%	0.05%
	ROP	A	0.23%	0.09%	0.09%
	ROST	D	0.14%	0.16%	0.14%
	RSG	B	0.17%	0.08%	0.08%
	SBAC	D	0.09%	0.03%	0.03%
	SBUX	B	0.1%	0.22%	0.1%
	SHW	A	0.03%	0.15%	0.03%
	SNA	A	0.07%	0.03%	0.03%
	SPG	A	0.17%	0.07%	0.07%
	SPGI	C	0.61%	0.24%	0.24%
	STE	D	0.08%	0.04%	0.04%
	STLD	C	0.08%	0.05%	0.05%
	SYK	A	0.37%	0.28%	0.28%
	TDG	D	0.23%	0.26%	0.23%
	TJX	A	0.21%	0.29%	0.21%
	TMO	F	0.81%	0.28%	0.28%
	TT	B	0.24%	0.21%	0.21%
	TTWO	A	0.12%	0.05%	0.05%
	TXN	B	0.68%	0.25%	0.25%
	TYL	B	0.02%	0.09%	0.02%
	ULTA	C	0.01%	0.04%	0.01%
	UNH	B	2.03%	0.73%	0.73%
	UNP	D	0.3%	0.23%	0.23%
	URI	B	0.17%	0.2%	0.17%
	VMC	B	0.11%	0.08%	0.08%
	VRSN	C	0.06%	0.03%	0.03%
	VRTX	B	0.26%	0.28%	0.26%
	WAT	B	0.03%	0.03%	0.03%
	WMB	B	0.26%	0.09%	0.09%
	WST	B	0.04%	0.08%	0.04%
	WYNN	C	0.03%	0.03%	0.03%
	YUM	B	0.09%	0.06%	0.06%
	ZTS	D	0.05%	0.15%	0.05%

IWD Overweight 694 Positions Relative to IVW

	Symbol	Grade	Weight
	BRK.A	B	3.26%
	JPM	A	2.61%
	XOM	B	2.09%
	JNJ	D	1.44%
	WMT	A	1.42%
	BAC	A	1.18%
	CVX	A	1.04%
	WFC	A	0.94%
	CSCO	A	0.91%
	ABT	C	0.78%
	IBM	D	0.75%
	DIS	B	0.7%
	VZ	D	0.66%
	CMCSA	B	0.65%
	RTX	D	0.63%
	T	A	0.62%
	NEE	D	0.61%
	DHR	F	0.61%
	LOW	B	0.6%
	BLK	A	0.59%
	PFE	F	0.58%
	MS	A	0.54%
	GS	B	0.52%
	C	B	0.51%
	MU	D	0.47%
	GILD	B	0.46%
	HON	B	0.46%
	CB	C	0.44%
	TMUS	A	0.44%
	INTC	C	0.43%
	MDT	D	0.43%
	BMY	B	0.42%
	PLD	D	0.41%
	SCHW	B	0.38%
	UPS	C	0.37%
	SO	D	0.37%
	MO	A	0.36%
	DUK	D	0.34%
	ICE	C	0.34%
	GD	C	0.33%
	PYPL	A	0.33%
	LMT	D	0.32%
	ELV	F	0.32%
	WELL	B	0.32%
	PNC	B	0.31%
	CI	D	0.31%
	USB	B	0.3%
	EMR	A	0.28%
	NOC	D	0.28%
	MRVL	B	0.28%
	CRH	B	0.27%
	TGT	C	0.27%
	APD	B	0.27%
	CVS	F	0.27%
	COF	B	0.27%
	BDX	F	0.26%
	FDX	B	0.25%
	NSC	B	0.24%
	SLB	C	0.24%
	GM	B	0.24%
	TRV	B	0.23%
	TFC	B	0.23%
	AFL	C	0.23%
	MMM	C	0.23%
	JCI	A	0.22%
	BK	B	0.22%
	SRE	B	0.22%
	AEP	D	0.2%
	NEM	F	0.2%
	KMI	B	0.2%
	PSX	C	0.2%
	D	D	0.19%
	CMI	A	0.19%
	AIG	B	0.19%
	LHX	B	0.19%
	FIS	B	0.19%
	O	D	0.19%
	CCI	F	0.18%
	MET	C	0.18%
	F	C	0.17%
	ALL	B	0.17%
	VLO	C	0.17%
	PRU	B	0.17%
	PCG	A	0.17%
	MCK	B	0.17%
	KVUE	A	0.17%
	CTVA	C	0.16%
	CBRE	B	0.16%
	PEG	C	0.16%
	BKR	B	0.16%
	EXC	C	0.15%
	AMGN	F	0.15%
	FERG	B	0.15%
	MSTR	B	0.15%
	KR	A	0.15%
	CTSH	A	0.15%
	A	F	0.15%
	EXR	D	0.14%
	WAB	B	0.14%
	DD	D	0.14%
	GIS	F	0.14%
	KDP	C	0.14%
	STZ	D	0.14%
	GLW	B	0.14%
	XEL	A	0.14%
	DOW	F	0.13%
	VICI	D	0.13%
	AVB	B	0.13%
	OXY	F	0.13%
	ED	D	0.13%
	HIG	C	0.13%
	GEHC	D	0.13%
	HUM	D	0.13%
	MTB	A	0.13%
	RJF	A	0.12%
	XYL	F	0.12%
	WEC	B	0.12%
	EBAY	C	0.12%
	FITB	A	0.12%
	EIX	C	0.12%
	CNC	F	0.12%
	ETR	B	0.12%
	WTW	A	0.12%
	NDAQ	B	0.12%
	DOV	A	0.11%
	EQR	C	0.11%
	GPN	B	0.11%
	STT	B	0.11%
	HPE	B	0.11%
	UAL	A	0.11%
	KEYS	C	0.11%
	KHC	F	0.11%
	PPG	F	0.11%
	ADM	F	0.1%
	HBAN	A	0.1%
	SYF	B	0.1%
	BIIB	F	0.1%
	HAL	C	0.1%
	TROW	A	0.1%
	FCNCA	B	0.1%
	VTR	C	0.1%
	KMB	D	0.1%
	AWK	D	0.1%
	RMD	C	0.1%
	LDOS	C	0.1%
	SW	B	0.1%
	HPQ	B	0.1%
	LYB	F	0.09%
	WBD	B	0.09%
	TDY	B	0.09%
	WDC	D	0.09%
	CINF	A	0.09%
	EQT	B	0.09%
	LNG	B	0.09%
	WY	F	0.09%
	RF	A	0.09%
	IFF	F	0.09%
	FE	D	0.09%
	AEE	B	0.09%
	ILMN	C	0.09%
	SQ	B	0.09%
	DTE	D	0.09%
	PPL	A	0.09%
	DVN	F	0.09%
	PFG	C	0.08%
	ARE	F	0.08%
	IP	B	0.08%
	CMS	D	0.08%
	OMC	A	0.08%
	HOOD	B	0.08%
	LH	B	0.08%
	INVH	D	0.08%
	FSLR	F	0.08%
	CFG	B	0.08%
	NTRS	A	0.08%
	EXE	A	0.08%
	K	A	0.08%
	APO	B	0.08%
	PKG	B	0.08%
	ZM	B	0.08%
	ES	D	0.08%
	ATO	B	0.08%
	ZBH	C	0.08%
	GPC	D	0.07%
	CVNA	B	0.07%
	IEX	B	0.07%
	KEY	B	0.07%
	BAX	F	0.07%
	DGX	B	0.07%
	TRMB	B	0.07%
	WRB	B	0.07%
	UTHR	B	0.07%
	CSL	B	0.07%
	IBKR	A	0.07%
	HOLX	D	0.07%
	J	D	0.07%
	WSO	B	0.07%
	RS	C	0.07%
	MAA	C	0.07%
	BALL	D	0.07%
	LUV	B	0.07%
	BBY	C	0.07%
	CNP	B	0.07%
	ESS	C	0.07%
	TRU	D	0.07%
	MKC	D	0.07%
	SWKS	F	0.06%
	VLTO	D	0.06%
	EME	B	0.06%
	COHR	C	0.06%
	UDR	C	0.06%
	SYY	D	0.06%
	GGG	B	0.06%
	RGA	A	0.06%
	CW	C	0.06%
	AMCR	D	0.06%
	LNT	C	0.06%
	NDSN	B	0.06%
	L	A	0.06%
	ACM	B	0.06%
	RVTY	C	0.06%
	MRNA	F	0.06%
	APTV	F	0.06%
	AVTR	F	0.06%
	USFD	B	0.06%
	VTRS	B	0.06%
	SUI	F	0.06%
	THC	B	0.06%
	JBHT	C	0.06%
	FNF	C	0.06%
	DOC	C	0.06%
	SSNC	C	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	GEN	B	0.06%
	MKL	A	0.06%
	NI	A	0.06%
	KIM	A	0.06%
	TXT	D	0.06%
	OC	A	0.06%
	TSN	B	0.06%
	DG	F	0.06%
	RRX	B	0.05%
	Z	B	0.05%
	TECH	D	0.05%
	NRG	C	0.05%
	EMN	D	0.05%
	BJ	B	0.05%
	SJM	F	0.05%
	ALB	C	0.05%
	TPR	A	0.05%
	UHS	D	0.05%
	CAH	B	0.05%
	NTNX	B	0.05%
	BG	D	0.05%
	WPC	F	0.05%
	FTI	B	0.05%
	SCI	B	0.05%
	DLTR	F	0.05%
	UNM	A	0.05%
	AMH	C	0.05%
	INCY	B	0.05%
	CACI	C	0.05%
	CPT	C	0.05%
	ITT	A	0.05%
	TWLO	B	0.05%
	CASY	B	0.05%
	CHRW	A	0.05%
	BMRN	F	0.05%
	NVT	C	0.05%
	JNPR	D	0.05%
	GLPI	D	0.05%
	BXP	D	0.05%
	JKHY	C	0.05%
	ELS	B	0.05%
	CLH	B	0.05%
	RPM	A	0.05%
	EG	D	0.05%
	CAG	F	0.05%
	REG	A	0.05%
	RNR	D	0.05%
	SWK	F	0.05%
	EVRG	A	0.05%
	EWBC	B	0.05%
	FFIV	B	0.05%
	ORI	A	0.04%
	PNFP	B	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%
	GME	C	0.04%
	REXR	F	0.04%
	DCI	A	0.04%
	EL	F	0.04%
	KNX	C	0.04%
	FRT	B	0.04%
	DTM	A	0.04%
	SNX	C	0.04%
	AES	F	0.04%
	GL	B	0.04%
	WAL	B	0.04%
	FBIN	F	0.04%
	TTEK	F	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	C	0.04%
	RPRX	F	0.04%
	AYI	A	0.04%
	FOXA	A	0.04%
	OHI	C	0.04%
	DKS	D	0.04%
	EHC	B	0.04%
	AVY	F	0.04%
	CIEN	B	0.04%
	ARMK	B	0.04%
	ALSN	B	0.04%
	PRI	B	0.04%
	PNW	A	0.04%
	TAP	B	0.04%
	DOX	C	0.04%
	WWD	B	0.04%
	BLD	F	0.04%
	FWONK	A	0.04%
	CTLT	D	0.04%
	AFRM	B	0.04%
	FHN	A	0.04%
	CUBE	D	0.04%
	CRL	C	0.04%
	AIZ	A	0.04%
	CCK	D	0.04%
	KMX	B	0.04%
	EVR	B	0.04%
	NWSA	B	0.04%
	IPG	F	0.04%
	SOFI	B	0.04%
	AA	C	0.04%
	OVV	C	0.04%
	PFGC	B	0.04%
	CG	B	0.04%
	SF	A	0.04%
	ATR	A	0.04%
	COLD	F	0.03%
	AXS	A	0.03%
	PARA	B	0.03%
	WBA	D	0.03%
	IVZ	B	0.03%
	AZPN	A	0.03%
	DINO	D	0.03%
	DOCS	B	0.03%
	QRVO	F	0.03%
	MAT	C	0.03%
	FND	F	0.03%
	HRB	D	0.03%
	RGEN	C	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	C	0.03%
	LSTR	B	0.03%
	RLI	A	0.03%
	WEX	D	0.03%
	GNTX	C	0.03%
	CGNX	C	0.03%
	R	B	0.03%
	GXO	B	0.03%
	ELAN	C	0.03%
	FR	D	0.03%
	BIO	C	0.03%
	AGNC	C	0.03%
	PB	B	0.03%
	FCN	F	0.03%
	ATI	F	0.03%
	SSD	F	0.03%
	OSK	B	0.03%
	VFC	C	0.03%
	MKSI	C	0.03%
	ESAB	B	0.03%
	FMC	F	0.03%
	COKE	C	0.03%
	CHE	D	0.03%
	MIDD	D	0.03%
	SKX	F	0.03%
	KEX	A	0.03%
	ADC	A	0.03%
	DASH	A	0.03%
	JAZZ	B	0.03%
	MHK	D	0.03%
	BWA	B	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	F	0.03%
	FLS	B	0.03%
	MTCH	F	0.03%
	ROKU	C	0.03%
	HII	F	0.03%
	VNO	C	0.03%
	G	B	0.03%
	ACI	C	0.03%
	SEIC	A	0.03%
	LBRDK	C	0.03%
	SNV	B	0.03%
	TKO	D	0.03%
	CFR	B	0.03%
	CART	C	0.03%
	CHRD	D	0.03%
	CBSH	A	0.03%
	VOYA	B	0.03%
	WTFC	B	0.03%
	LAMR	D	0.03%
	AAL	B	0.03%
	ZION	B	0.03%
	FYBR	D	0.03%
	AR	B	0.03%
	LECO	C	0.03%
	APG	C	0.03%
	COIN	B	0.03%
	OGE	B	0.03%
	EGP	D	0.03%
	BRX	A	0.03%
	CR	B	0.03%
	HSIC	F	0.03%
	GWRE	A	0.03%
	RIVN	F	0.03%
	JLL	C	0.03%
	GPK	D	0.03%
	KBR	D	0.03%
	AXTA	A	0.03%
	CPB	F	0.03%
	HRL	F	0.03%
	ALLY	C	0.03%
	HLI	B	0.03%
	TTC	F	0.03%
	MOS	D	0.03%
	WCC	B	0.03%
	JEF	B	0.03%
	NYT	C	0.03%
	BWXT	B	0.03%
	GMED	B	0.03%
	MTZ	B	0.03%
	RBC	B	0.03%
	VNOM	C	0.02%
	ALNY	D	0.02%
	DXC	B	0.02%
	IAC	F	0.02%
	HOG	D	0.02%
	RH	C	0.02%
	FLO	F	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	C	0.02%
	GTES	B	0.02%
	SITE	D	0.02%
	M	C	0.02%
	GAP	B	0.02%
	DLB	D	0.02%
	AWI	B	0.02%
	WLK	F	0.02%
	GFS	C	0.02%
	SLGN	B	0.02%
	EEFT	C	0.02%
	DBX	B	0.02%
	AGO	B	0.02%
	RYN	F	0.02%
	WTM	A	0.02%
	CUZ	B	0.02%
	KRC	C	0.02%
	AL	B	0.02%
	OZK	B	0.02%
	CROX	F	0.02%
	ST	F	0.02%
	FRPT	B	0.02%
	TKR	F	0.02%
	UGI	D	0.02%
	BYD	A	0.02%
	SON	F	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	B	0.02%
	NFG	D	0.02%
	LEA	F	0.02%
	POST	D	0.02%
	FOX	A	0.02%
	RITM	C	0.02%
	SN	C	0.02%
	THO	B	0.02%
	CRUS	F	0.02%
	LITE	B	0.02%
	EXAS	F	0.02%
	THG	A	0.02%
	BFAM	F	0.02%
	JHG	A	0.02%
	AGCO	F	0.02%
	FNB	B	0.02%
	BC	D	0.02%
	IDA	A	0.02%
	PVH	C	0.02%
	AMG	B	0.02%
	H	B	0.02%
	WHR	B	0.02%
	LNC	B	0.02%
	BILL	B	0.02%
	WMS	F	0.02%
	BEN	C	0.02%
	SAIA	B	0.02%
	OLLI	C	0.02%
	STWD	C	0.02%
	BPOP	C	0.02%
	MTDR	B	0.02%
	VNT	C	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	F	0.02%
	FAF	C	0.02%
	S	B	0.02%
	ESI	B	0.02%
	ALK	A	0.02%
	NOV	C	0.02%
	MSA	D	0.02%
	DAR	B	0.02%
	ONTO	F	0.02%
	CERT	F	0.01%
	NCNO	B	0.01%
	LBRDA	C	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%
	CLVT	F	0.01%
	VSTS	D	0.01%
	FTRE	D	0.01%
	KSS	D	0.01%
	UAA	B	0.01%
	CNXC	F	0.01%
	LYFT	B	0.01%
	PPC	C	0.01%
	AZEK	B	0.01%
	ALAB	C	0.01%
	PSTG	D	0.01%
	ETSY	D	0.01%
	LPX	A	0.01%
	LCID	F	0.01%
	SAM	B	0.01%
	RCM	B	0.01%
	JWN	B	0.01%
	AAP	C	0.01%
	WU	F	0.01%
	ADT	C	0.01%
	RKT	F	0.01%
	CWEN	D	0.01%
	HAYW	B	0.01%
	YETI	D	0.01%
	BRKR	F	0.01%
	QDEL	F	0.01%
	CPRI	F	0.01%
	IPGP	C	0.01%
	PINC	B	0.01%
	GLOB	B	0.01%
	SHC	D	0.01%
	AZTA	F	0.01%
	SPB	A	0.01%
	ENOV	C	0.01%
	AGR	C	0.01%
	MP	C	0.01%
	EXP	B	0.01%
	BOKF	B	0.01%
	HHH	B	0.01%
	ALGM	F	0.01%
	CC	C	0.01%
	COTY	D	0.01%
	CXT	F	0.01%
	COLM	B	0.01%
	VIRT	B	0.01%
	SEE	C	0.01%
	LLYVK	B	0.01%
	CNM	D	0.01%
	MPW	F	0.01%
	PAG	B	0.01%
	NSA	D	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	B	0.01%
	BHF	B	0.01%
	NXST	C	0.01%
	SPR	F	0.01%
	ECG	D	0.01%
	AM	B	0.01%
	IRDM	B	0.01%
	LBTYK	F	0.01%
	HUN	F	0.01%
	LBTYA	F	0.01%
	VAC	B	0.01%
	MASI	B	0.01%
	ZG	B	0.01%
	EPR	D	0.01%
	U	F	0.01%
	LOPE	B	0.01%
	FHB	B	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	B	0.01%
	TNL	A	0.01%
	W	F	0.01%
	ACHC	F	0.01%
	ZI	C	0.01%
	DNB	B	0.01%
	PLNT	A	0.01%
	NEU	C	0.01%
	UHAL	D	0.01%
	CIVI	D	0.01%
	NWL	B	0.01%
	MSGS	B	0.01%
	LOAR	C	0.0%
	UWMC	F	0.0%
	SEG	F	0.0%
	PARAA	B	0.0%
	NFE	F	0.0%
	UHAL	D	0.0%
	GRAL	B	0.0%
	LAZ	C	0.0%
	IONS	F	0.0%
	TXG	F	0.0%
	PLTK	B	0.0%
	CACC	D	0.0%
	CHH	B	0.0%
	DJT	C	0.0%
	UI	B	0.0%
	SEB	F	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	FIVE	F	0.0%
	CAR	C	0.0%
	CWEN	D	0.0%
	LSCC	D	0.0%
	HCP	A	0.0%
	CNA	C	0.0%
	MTN	C	0.0%
	FWONA	B	0.0%
	PYCR	B	0.0%
	HAS	D	0.0%
	AS	B	0.0%
	DV	C	0.0%
	LLYVA	B	0.0%
	DDS	B	0.0%
	WOLF	F	0.0%

IWD Underweight 64 Positions Relative to IVW

	Symbol	Grade	Weight
	NVDA	A	-12.57%
	AAPL	C	-11.87%
	MSFT	C	-10.85%
	AMZN	A	-6.73%
	META	B	-4.44%
	GOOGL	C	-3.63%
	GOOG	C	-3.0%
	AVGO	C	-2.94%
	TSLA	B	-2.83%
	LLY	F	-2.16%
	NFLX	A	-1.17%
	V	A	-1.16%
	MA	B	-1.06%
	ORCL	A	-1.02%
	ADBE	C	-0.76%
	NOW	A	-0.72%
	INTU	A	-0.65%
	COST	B	-0.58%
	UBER	F	-0.53%
	PANW	B	-0.43%
	ISRG	A	-0.42%
	PLTR	B	-0.39%
	ANET	C	-0.38%
	MRK	F	-0.35%
	LRCX	F	-0.35%
	KLAC	F	-0.32%
	BX	A	-0.31%
	SNPS	C	-0.3%
	CDNS	B	-0.28%
	CMG	B	-0.27%
	CRWD	B	-0.26%
	NXPI	F	-0.16%
	VST	B	-0.16%
	TRGP	B	-0.14%
	IT	B	-0.14%
	ODFL	B	-0.14%
	WM	A	-0.13%
	MPWR	F	-0.13%
	AMT	F	-0.13%
	AXON	B	-0.12%
	ADSK	B	-0.12%
	MCO	C	-0.12%
	LULU	B	-0.12%
	ABNB	C	-0.11%
	GDDY	B	-0.09%
	DECK	B	-0.09%
	VRSK	A	-0.08%
	CPAY	A	-0.08%
	LYV	A	-0.07%
	IDXX	F	-0.07%
	EXPE	B	-0.07%
	DXCM	C	-0.06%
	TEL	B	-0.06%
	TSCO	D	-0.05%
	LVS	C	-0.04%
	NCLH	B	-0.04%
	SMCI	F	-0.04%
	POOL	D	-0.03%
	STX	D	-0.03%
	ROL	C	-0.02%
	ERIE	F	-0.02%
	PODD	B	-0.02%
	ENPH	F	-0.01%
	DVA	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

IVW: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Diversified Industrials Oil & Gas E&P Diagnostics & Research Restaurants Insurance Brokers Internet Content & Information Leisure Medical Devices Software - Infrastructure Specialty Industrial Machinery Specialty Retail Building Materials Capital Markets Credit Services Information Technology Services Medical Instruments & Supplies Residential Construction

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Electronics Natural Gas Cloud Computing IBD 50 Integrated Circuits Mobile Devices Semiconductor Chemical Insurance Software Work From Home Medicine Smartphones Telecommunications Transport Aerospace