IWD vs. JVAL ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to JPMorgan U.S. Value Factor ETF (JVAL)

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

$189.20

Average Daily Volume

1,608,024

Number of Holdings ^*

863

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$43.50

Average Daily Volume

153,094

Number of Holdings ^*

359

* may have additional holdings in another (foreign) market

Performance

Period	IWD	JVAL
30 Days	3.42%	3.26%
60 Days	5.20%	3.82%
90 Days	8.20%	6.56%
12 Months	22.86%	25.74%

332 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in JVAL	Overlap
	AAP	F	0.01%	0.08%	0.01%
	ACI	F	0.03%	0.17%	0.03%
	ADI	C	0.45%	0.57%	0.45%
	ADM	D	0.12%	0.26%	0.12%
	AGCO	D	0.02%	0.18%	0.02%
	AGNC	B	0.03%	0.13%	0.03%
	AGO	C	0.02%	0.18%	0.02%
	AGR	B	0.01%	0.11%	0.01%
	AIG	D	0.2%	0.37%	0.2%
	AKAM	D	0.06%	0.22%	0.06%
	ALGM	F	0.01%	0.08%	0.01%
	ALLY	F	0.03%	0.2%	0.03%
	ALSN	B	0.03%	0.26%	0.03%
	AMAT	D	0.05%	0.65%	0.05%
	AMCR	B	0.06%	0.27%	0.06%
	AMGN	B	0.16%	0.77%	0.16%
	AN	D	0.02%	0.19%	0.02%
	ANSS	D	0.11%	0.18%	0.11%
	APH	D	0.13%	0.43%	0.13%
	APTV	D	0.08%	0.15%	0.08%
	ARMK	B	0.04%	0.14%	0.04%
	ARW	C	0.03%	0.21%	0.03%
	AVT	C	0.02%	0.2%	0.02%
	AXS	B	0.02%	0.15%	0.02%
	AYI	B	0.03%	0.16%	0.03%
	BAC	D	1.06%	0.39%	0.39%
	BAX	C	0.08%	0.16%	0.08%
	BBWI	F	0.02%	0.11%	0.02%
	BBY	C	0.09%	0.28%	0.09%
	BC	C	0.02%	0.2%	0.02%
	BDX	D	0.27%	0.07%	0.07%
	BEN	F	0.02%	0.14%	0.02%
	BERY	B	0.03%	0.21%	0.03%
	BG	D	0.06%	0.13%	0.06%
	BK	B	0.21%	0.41%	0.21%
	BLDR	C	0.08%	0.26%	0.08%
	BMY	C	0.4%	0.47%	0.4%
	BOKF	B	0.01%	0.09%	0.01%
	BPOP	C	0.03%	0.25%	0.03%
	BRX	B	0.03%	0.01%	0.01%
	BWA	D	0.03%	0.15%	0.03%
	BYD	C	0.02%	0.16%	0.02%
	C	C	0.45%	0.58%	0.45%
	CACC	F	0.0%	0.14%	0.0%
	CACI	B	0.04%	0.25%	0.04%
	CAG	C	0.06%	0.28%	0.06%
	CAT	B	0.59%	0.78%	0.59%
	CCK	A	0.04%	0.26%	0.04%
	CDW	D	0.06%	0.28%	0.06%
	CE	F	0.04%	0.04%	0.04%
	CF	C	0.06%	0.05%	0.05%
	CFG	C	0.07%	0.3%	0.07%
	CHK	D	0.04%	0.19%	0.04%
	CI	C	0.37%	0.56%	0.37%
	CIVI	F	0.02%	0.1%	0.02%
	CLF	F	0.02%	0.02%	0.02%
	CLVT	D	0.01%	0.18%	0.01%
	CMA	B	0.03%	0.2%	0.03%
	CMCSA	D	0.62%	0.49%	0.49%
	CMI	C	0.17%	0.36%	0.17%
	CNC	D	0.16%	0.25%	0.16%
	CNH	D	0.04%	0.2%	0.04%
	CNXC	F	0.01%	0.2%	0.01%
	COF	B	0.21%	0.39%	0.21%
	COHR	C	0.04%	0.2%	0.04%
	COLB	B	0.02%	0.15%	0.02%
	COLM	C	0.01%	0.11%	0.01%
	CPB	C	0.04%	0.23%	0.04%
	CPRI	D	0.02%	0.11%	0.02%
	CR	C	0.03%	0.01%	0.01%
	CRI	D	0.01%	0.19%	0.01%
	CRM	D	0.15%	0.85%	0.15%
	CROX	D	0.03%	0.14%	0.03%
	CRUS	D	0.03%	0.23%	0.03%
	CSCO	C	0.82%	0.68%	0.68%
	CTRA	D	0.07%	0.22%	0.07%
	CTSH	C	0.16%	0.34%	0.16%
	CUZ	B	0.02%	0.12%	0.02%
	CVS	D	0.3%	0.42%	0.3%
	CVX	D	0.98%	0.68%	0.68%
	CWEN	C	0.0%	0.1%	0.0%
	CWEN	C	0.01%	0.1%	0.01%
	CZR	C	0.03%	0.1%	0.03%
	D	C	0.2%	0.1%	0.1%
	DAL	C	0.12%	0.21%	0.12%
	DASH	C	0.02%	0.25%	0.02%
	DAY	D	0.03%	0.14%	0.03%
	DBX	D	0.02%	0.22%	0.02%
	DD	B	0.14%	0.31%	0.14%
	DELL	D	0.1%	0.16%	0.1%
	DGX	B	0.07%	0.27%	0.07%
	DHI	B	0.23%	0.45%	0.23%
	DINO	F	0.03%	0.18%	0.03%
	DKS	D	0.05%	0.23%	0.05%
	DLB	D	0.02%	0.18%	0.02%
	DNB	C	0.01%	0.24%	0.01%
	DOV	B	0.1%	0.28%	0.1%
	DOW	D	0.14%	0.27%	0.14%
	DOX	C	0.04%	0.23%	0.04%
	DRI	B	0.04%	0.24%	0.04%
	DV	F	0.0%	0.1%	0.0%
	DVN	F	0.1%	0.08%	0.08%
	DXC	C	0.02%	0.17%	0.02%
	EBAY	B	0.13%	0.34%	0.13%
	ED	C	0.15%	0.36%	0.15%
	EHC	C	0.04%	0.15%	0.04%
	ELV	C	0.44%	0.65%	0.44%
	EPAM	F	0.04%	0.17%	0.04%
	EPR	B	0.01%	0.23%	0.01%
	EQR	B	0.12%	0.03%	0.03%
	ETR	B	0.11%	0.31%	0.11%
	EVRG	B	0.05%	0.27%	0.05%
	EXC	C	0.16%	0.11%	0.11%
	F	F	0.17%	0.31%	0.17%
	FAF	B	0.03%	0.22%	0.03%
	FANG	D	0.12%	0.06%	0.06%
	FDX	C	0.26%	0.45%	0.26%
	FFIV	B	0.05%	0.25%	0.05%
	FHB	D	0.01%	0.12%	0.01%
	FHN	D	0.04%	0.15%	0.04%
	FIS	B	0.19%	0.13%	0.13%
	FITB	B	0.12%	0.3%	0.12%
	FMC	C	0.03%	0.13%	0.03%
	FNB	C	0.02%	0.19%	0.02%
	FOXA	B	0.04%	0.26%	0.04%
	FTNT	C	0.04%	0.28%	0.04%
	FTRE	D	0.01%	0.06%	0.01%
	G	C	0.03%	0.12%	0.03%
	GAP	F	0.02%	0.16%	0.02%
	GD	B	0.34%	0.41%	0.34%
	GFS	F	0.02%	0.15%	0.02%
	GILD	B	0.42%	0.51%	0.42%
	GIS	B	0.17%	0.36%	0.17%
	GLOB	D	0.01%	0.15%	0.01%
	GLPI	C	0.05%	0.13%	0.05%
	GLW	C	0.13%	0.33%	0.13%
	GM	C	0.21%	0.37%	0.21%
	GNTX	F	0.03%	0.18%	0.03%
	GPC	D	0.08%	0.22%	0.08%
	GPK	B	0.04%	0.24%	0.04%
	GRMN	D	0.11%	0.32%	0.11%
	GTES	C	0.01%	0.08%	0.01%
	HBAN	B	0.08%	0.26%	0.08%
	HD	B	0.31%	0.82%	0.31%
	HII	D	0.04%	0.22%	0.04%
	HIW	B	0.01%	0.25%	0.01%
	HOG	C	0.02%	0.22%	0.02%
	HPE	D	0.09%	0.22%	0.09%
	HPQ	D	0.1%	0.3%	0.1%
	HRB	C	0.03%	0.27%	0.03%
	HSIC	C	0.04%	0.07%	0.04%
	HST	C	0.05%	0.08%	0.05%
	HUM	F	0.16%	0.27%	0.16%
	HUN	D	0.01%	0.03%	0.01%
	IAC	C	0.02%	0.11%	0.02%
	IBM	B	0.8%	0.89%	0.8%
	INFA	D	0.01%	0.05%	0.01%
	INGR	B	0.04%	0.16%	0.04%
	INTC	F	0.34%	0.38%	0.34%
	IP	B	0.07%	0.24%	0.07%
	IPG	C	0.05%	0.19%	0.05%
	IPGP	F	0.01%	0.12%	0.01%
	IVZ	B	0.02%	0.17%	0.02%
	JAZZ	D	0.03%	0.09%	0.03%
	JBL	D	0.05%	0.18%	0.05%
	JCI	B	0.2%	0.37%	0.2%
	JEF	B	0.03%	0.22%	0.03%
	JHG	B	0.02%	0.17%	0.02%
	JNJ	C	1.62%	1.48%	1.48%
	JWN	C	0.01%	0.17%	0.01%
	K	B	0.09%	0.2%	0.09%
	KBR	D	0.03%	0.21%	0.03%
	KEY	B	0.06%	0.19%	0.06%
	KHC	C	0.13%	0.31%	0.13%
	KIM	C	0.06%	0.24%	0.06%
	KMI	B	0.17%	0.35%	0.17%
	KR	C	0.15%	0.31%	0.15%
	KRC	B	0.02%	0.13%	0.02%
	KSS	F	0.01%	0.12%	0.01%
	LAD	D	0.03%	0.17%	0.03%
	LDOS	B	0.08%	0.28%	0.08%
	LEA	F	0.02%	0.15%	0.02%
	LEG	D	0.01%	0.11%	0.01%
	LEN	B	0.01%	0.38%	0.01%
	LEN	B	0.18%	0.38%	0.18%
	LHX	C	0.18%	0.3%	0.18%
	LKQ	F	0.04%	0.18%	0.04%
	LOPE	D	0.01%	0.0%	0.0%
	LYB	D	0.1%	0.28%	0.1%
	M	F	0.02%	0.16%	0.02%
	MAN	C	0.01%	0.2%	0.01%
	MCHP	F	0.17%	0.3%	0.17%
	MDT	C	0.48%	0.61%	0.48%
	MDU	C	0.02%	0.19%	0.02%
	MGM	F	0.04%	0.17%	0.04%
	MO	C	0.37%	0.57%	0.37%
	MOS	F	0.03%	0.2%	0.03%
	MPC	F	0.23%	0.39%	0.23%
	MPW	C	0.02%	0.08%	0.02%
	MRO	C	0.06%	0.24%	0.06%
	MRVL	C	0.24%	0.38%	0.24%
	MSM	D	0.01%	0.18%	0.01%
	MTB	B	0.11%	0.23%	0.11%
	MTCH	C	0.04%	0.22%	0.04%
	MTG	B	0.03%	0.26%	0.03%
	MTN	D	0.0%	0.09%	0.0%
	MU	F	0.41%	0.37%	0.37%
	NFG	B	0.02%	0.22%	0.02%
	NNN	C	0.04%	0.13%	0.04%
	NTAP	D	0.05%	0.26%	0.05%
	NUE	F	0.14%	0.29%	0.14%
	NVR	B	0.11%	0.23%	0.11%
	NVT	D	0.04%	0.03%	0.03%
	NWL	C	0.01%	0.11%	0.01%
	NWSA	D	0.04%	0.22%	0.04%
	NXST	D	0.01%	0.23%	0.01%
	OC	D	0.06%	0.22%	0.06%
	OGE	C	0.03%	0.25%	0.03%
	OGN	D	0.02%	0.07%	0.02%
	OHI	B	0.04%	0.25%	0.04%
	OKTA	F	0.03%	0.12%	0.03%
	OLED	C	0.02%	0.22%	0.02%
	OMC	B	0.08%	0.27%	0.08%
	OMF	D	0.02%	0.17%	0.02%
	ON	D	0.12%	0.28%	0.12%
	ONTO	D	0.03%	0.11%	0.03%
	ORI	B	0.04%	0.26%	0.04%
	OSK	F	0.03%	0.2%	0.03%
	OVV	F	0.04%	0.18%	0.04%
	OZK	D	0.02%	0.11%	0.02%
	PAG	D	0.01%	0.18%	0.01%
	PARA	F	0.03%	0.12%	0.03%
	PATH	D	0.0%	0.12%	0.0%
	PAYC	D	0.01%	0.21%	0.01%
	PB	B	0.03%	0.14%	0.03%
	PCAR	D	0.2%	0.34%	0.2%
	PFE	C	0.67%	0.81%	0.67%
	PFG	B	0.08%	0.24%	0.08%
	PH	B	0.31%	0.13%	0.13%
	PHM	B	0.12%	0.33%	0.12%
	PII	D	0.02%	0.11%	0.02%
	PINC	C	0.01%	0.09%	0.01%
	PK	D	0.01%	0.13%	0.01%
	PKG	B	0.08%	0.28%	0.08%
	PM	C	0.79%	0.61%	0.61%
	PNC	B	0.29%	0.12%	0.12%
	PNR	B	0.06%	0.27%	0.06%
	PNW	C	0.04%	0.26%	0.04%
	POST	C	0.02%	0.15%	0.02%
	PPL	C	0.1%	0.3%	0.1%
	PRGO	D	0.02%	0.11%	0.02%
	PRU	C	0.17%	0.35%	0.17%
	PSN	B	0.02%	0.14%	0.02%
	PSX	F	0.22%	0.37%	0.22%
	PTC	D	0.03%	0.16%	0.03%
	PVH	F	0.02%	0.16%	0.02%
	QCOM	D	0.05%	0.79%	0.05%
	QRVO	F	0.04%	0.18%	0.04%
	R	A	0.02%	0.23%	0.02%
	REG	C	0.06%	0.14%	0.06%
	RF	B	0.08%	0.24%	0.08%
	RGA	C	0.06%	0.09%	0.06%
	RHI	D	0.03%	0.17%	0.03%
	RL	C	0.03%	0.21%	0.03%
	ROP	C	0.24%	0.4%	0.24%
	RS	D	0.06%	0.24%	0.06%
	RTX	C	0.64%	0.51%	0.51%
	SAIC	C	0.03%	0.25%	0.03%
	SCI	B	0.05%	0.25%	0.05%
	SJM	C	0.05%	0.18%	0.05%
	SLGN	B	0.02%	0.23%	0.02%
	SNA	C	0.06%	0.25%	0.06%
	SNDR	B	0.01%	0.1%	0.01%
	SNV	C	0.03%	0.19%	0.03%
	SNX	D	0.03%	0.19%	0.03%
	SOLV	C	0.04%	0.05%	0.04%
	SON	C	0.02%	0.14%	0.02%
	SPB	C	0.01%	0.11%	0.01%
	SPG	B	0.16%	0.33%	0.16%
	SSNC	B	0.07%	0.29%	0.07%
	ST	D	0.02%	0.19%	0.02%
	STT	A	0.1%	0.28%	0.1%
	STWD	B	0.03%	0.18%	0.03%
	SWK	B	0.06%	0.14%	0.06%
	SWKS	D	0.07%	0.21%	0.07%
	SYF	C	0.08%	0.28%	0.08%
	T	C	0.63%	0.76%	0.63%
	TAP	D	0.04%	0.2%	0.04%
	TER	D	0.01%	0.24%	0.01%
	TFC	C	0.23%	0.43%	0.23%
	TFX	C	0.05%	0.1%	0.05%
	TGT	C	0.28%	0.36%	0.28%
	THC	A	0.06%	0.21%	0.06%
	THO	D	0.02%	0.18%	0.02%
	TNL	D	0.01%	0.15%	0.01%
	TOL	B	0.06%	0.28%	0.06%
	TPR	C	0.04%	0.21%	0.04%
	TSN	C	0.07%	0.11%	0.07%
	TWLO	D	0.03%	0.23%	0.03%
	TXN	C	0.65%	0.85%	0.65%
	TXT	D	0.07%	0.19%	0.07%
	TYL	C	0.01%	0.2%	0.01%
	U	D	0.01%	0.11%	0.01%
	UAL	C	0.07%	0.17%	0.07%
	UGI	C	0.02%	0.22%	0.02%
	UHAL	A	0.0%	0.05%	0.0%
	UHAL	A	0.02%	0.05%	0.02%
	UHS	B	0.05%	0.28%	0.05%
	UNH	C	2.06%	2.0%	2.0%
	UNM	B	0.04%	0.26%	0.04%
	USB	B	0.28%	0.39%	0.28%
	UTHR	C	0.06%	0.23%	0.06%
	VAC	F	0.01%	0.16%	0.01%
	VFC	C	0.03%	0.08%	0.03%
	VICI	C	0.14%	0.34%	0.14%
	VLO	F	0.18%	0.24%	0.18%
	VRSN	D	0.06%	0.15%	0.06%
	VTRS	D	0.06%	0.22%	0.06%
	VZ	B	0.76%	0.12%	0.12%
	WAL	B	0.04%	0.21%	0.04%
	WBS	D	0.03%	0.13%	0.03%
	WCC	D	0.03%	0.2%	0.03%
	WEN	C	0.01%	0.14%	0.01%
	WH	B	0.02%	0.11%	0.02%
	WHR	D	0.02%	0.18%	0.02%
	WPC	C	0.06%	0.1%	0.06%
	WSM	D	0.03%	0.23%	0.03%
	WU	F	0.01%	0.2%	0.01%
	ZBH	F	0.09%	0.17%	0.09%
	ZI	D	0.01%	0.12%	0.01%
	ZION	D	0.03%	0.15%	0.03%
	ZM	C	0.07%	0.26%	0.07%

IWD Overweight 531 Positions Relative to JVAL

	Symbol	Grade	Weight
	BRK.A	C	3.32%
	JPM	D	2.37%
	XOM	C	2.02%
	WMT	C	1.42%
	PG	C	1.29%
	TMO	B	0.95%
	LIN	B	0.91%
	ACN	C	0.89%
	ABT	C	0.82%
	MCD	B	0.81%
	ABBV	C	0.79%
	WFC	D	0.75%
	DHR	B	0.74%
	NEE	C	0.7%
	DIS	D	0.67%
	SPGI	B	0.66%
	GE	B	0.62%
	LOW	B	0.59%
	BLK	B	0.53%
	BSX	B	0.5%
	PLD	C	0.49%
	COP	D	0.49%
	ETN	C	0.49%
	KO	C	0.48%
	CB	B	0.47%
	HON	D	0.46%
	REGN	C	0.45%
	GS	C	0.45%
	MS	D	0.43%
	DE	B	0.41%
	MDLZ	B	0.41%
	MMC	C	0.4%
	SO	B	0.4%
	TMUS	C	0.4%
	UPS	D	0.38%
	SYK	C	0.38%
	DUK	C	0.37%
	ICE	C	0.37%
	AXP	B	0.37%
	AMD	D	0.34%
	SCHW	D	0.34%
	LMT	C	0.33%
	CME	C	0.32%
	EQIX	C	0.32%
	UNP	C	0.32%
	BA	F	0.31%
	WELL	C	0.31%
	PYPL	B	0.3%
	NOC	B	0.29%
	AON	B	0.28%
	EOG	D	0.28%
	FI	A	0.28%
	CSX	D	0.27%
	APD	B	0.26%
	CARR	B	0.26%
	FCX	D	0.25%
	GEV	B	0.25%
	NEM	B	0.25%
	AFL	C	0.25%
	VRTX	D	0.25%
	EMR	D	0.24%
	KKR	B	0.24%
	TDG	B	0.24%
	AJG	D	0.24%
	MMM	B	0.24%
	CRH	B	0.24%
	SLB	F	0.23%
	HCA	B	0.23%
	OKE	B	0.22%
	O	C	0.22%
	MAR	C	0.22%
	TT	B	0.22%
	TRV	C	0.22%
	WMB	B	0.22%
	AEP	C	0.22%
	TJX	B	0.22%
	NSC	C	0.22%
	PEP	C	0.21%
	DLR	B	0.21%
	CCI	C	0.21%
	CEG	C	0.21%
	SRE	C	0.21%
	ITW	C	0.19%
	PSA	B	0.19%
	KVUE	C	0.18%
	MET	B	0.18%
	ALL	B	0.17%
	PEG	B	0.17%
	RSG	D	0.17%
	PCG	C	0.17%
	AME	C	0.16%
	CL	D	0.16%
	MCK	F	0.16%
	EA	D	0.16%
	ROST	C	0.16%
	CTVA	B	0.16%
	KDP	B	0.16%
	A	C	0.16%
	STZ	D	0.16%
	ACGL	C	0.16%
	HWM	B	0.15%
	CBRE	A	0.15%
	NKE	D	0.15%
	FERG	D	0.15%
	IR	C	0.15%
	URI	B	0.15%
	EXR	B	0.15%
	OTIS	C	0.15%
	IQV	C	0.15%
	MSI	B	0.15%
	GEHC	C	0.14%
	OXY	F	0.14%
	HIG	B	0.14%
	XEL	B	0.14%
	XYL	C	0.13%
	CHTR	D	0.13%
	CSGP	D	0.13%
	EIX	C	0.13%
	DFS	B	0.13%
	EW	F	0.13%
	AVB	B	0.13%
	BKR	C	0.13%
	KMB	D	0.12%
	BIIB	F	0.12%
	AWK	B	0.12%
	MTD	D	0.12%
	WAB	B	0.12%
	WTW	C	0.12%
	PPG	D	0.12%
	MLM	D	0.12%
	NDAQ	A	0.12%
	EFX	B	0.12%
	WEC	C	0.12%
	HLT	B	0.11%
	RCL	B	0.11%
	DTE	C	0.11%
	SBAC	C	0.11%
	KEYS	C	0.11%
	VTR	C	0.11%
	RMD	C	0.11%
	IFF	B	0.11%
	PWR	B	0.11%
	ROK	D	0.11%
	PAYX	C	0.11%
	GPN	D	0.11%
	PGR	B	0.1%
	WY	C	0.1%
	ES	C	0.1%
	STE	C	0.1%
	FSLR	C	0.1%
	HAL	F	0.1%
	SBUX	C	0.1%
	CHD	D	0.1%
	HSY	C	0.1%
	TTWO	C	0.1%
	FE	C	0.1%
	FTV	C	0.1%
	MKC	C	0.09%
	WDC	D	0.09%
	ARE	C	0.09%
	COO	B	0.09%
	HUBB	B	0.09%
	FCNCA	D	0.09%
	MRNA	F	0.09%
	CBOE	C	0.09%
	RJF	C	0.09%
	AEE	C	0.09%
	INVH	C	0.09%
	TROW	D	0.09%
	YUM	D	0.09%
	VMC	D	0.09%
	LH	C	0.08%
	DG	F	0.08%
	HOLX	B	0.08%
	MAA	B	0.08%
	ESS	B	0.08%
	TDY	B	0.08%
	LNG	C	0.08%
	SQ	D	0.08%
	BALL	C	0.08%
	ILMN	C	0.08%
	ATO	B	0.08%
	WBD	D	0.08%
	MSTR	D	0.08%
	CINF	B	0.08%
	CMS	C	0.08%
	DOC	C	0.07%
	WSO	C	0.07%
	STLD	F	0.07%
	CSL	B	0.07%
	CCL	C	0.07%
	LUV	C	0.07%
	MAS	B	0.07%
	CNP	C	0.07%
	NTRS	A	0.07%
	J	C	0.07%
	WRB	C	0.07%
	MSCI	C	0.07%
	SUI	B	0.07%
	AVTR	B	0.07%
	EQT	D	0.07%
	TRU	B	0.07%
	USFD	B	0.06%
	TRMB	C	0.06%
	AMH	C	0.06%
	EG	C	0.06%
	GGG	C	0.06%
	BRO	C	0.06%
	JBHT	D	0.06%
	ELS	C	0.06%
	EXPD	C	0.06%
	NDSN	C	0.06%
	DLTR	F	0.06%
	L	C	0.06%
	SYY	D	0.06%
	IRM	C	0.06%
	HOOD	C	0.06%
	GEN	B	0.06%
	VLTO	C	0.06%
	RVTY	B	0.06%
	APO	C	0.06%
	IEX	D	0.06%
	LNT	B	0.06%
	ZTS	C	0.06%
	NI	B	0.06%
	MKL	C	0.06%
	UDR	C	0.06%
	FNF	B	0.06%
	BMRN	F	0.06%
	EME	B	0.05%
	CAH	C	0.05%
	BLD	D	0.05%
	KMX	D	0.05%
	SW	B	0.05%
	CHRW	B	0.05%
	TECH	C	0.05%
	CASY	D	0.05%
	CW	B	0.05%
	RPM	B	0.05%
	EMN	B	0.05%
	CUBE	B	0.05%
	ALLE	B	0.05%
	JNPR	B	0.05%
	EL	F	0.05%
	BXP	B	0.05%
	CLH	A	0.05%
	HES	F	0.05%
	JKHY	B	0.05%
	CPT	B	0.05%
	AES	C	0.05%
	ACM	B	0.05%
	IBKR	B	0.05%
	RNR	C	0.05%
	ZBRA	B	0.05%
	NYT	C	0.04%
	APA	F	0.04%
	TTC	D	0.04%
	CG	D	0.04%
	PRI	B	0.04%
	FYBR	C	0.04%
	EGP	B	0.04%
	DPZ	F	0.04%
	HRL	C	0.04%
	Z	B	0.04%
	RGLD	C	0.04%
	MKTX	C	0.04%
	AOS	D	0.04%
	PFGC	B	0.04%
	AFG	B	0.04%
	FRT	C	0.04%
	TTEK	C	0.04%
	CVNA	B	0.04%
	GL	C	0.04%
	WWD	D	0.04%
	WTRG	D	0.04%
	FWONK	C	0.04%
	AIZ	B	0.04%
	ATR	B	0.04%
	AFRM	C	0.04%
	CRL	F	0.04%
	NLY	B	0.04%
	NRG	C	0.04%
	ALB	D	0.04%
	NTNX	C	0.04%
	RRX	C	0.04%
	FTI	D	0.04%
	FBIN	B	0.04%
	RPRX	C	0.04%
	BJ	D	0.04%
	CTLT	B	0.04%
	REXR	C	0.04%
	FDS	C	0.04%
	AVY	C	0.04%
	EWBC	D	0.04%
	INCY	C	0.04%
	RIVN	F	0.04%
	ITT	B	0.04%
	NOV	F	0.03%
	LW	D	0.03%
	FAST	C	0.03%
	CGNX	F	0.03%
	BIO	C	0.03%
	CART	A	0.03%
	VNO	B	0.03%
	LSTR	D	0.03%
	AAL	D	0.03%
	MAT	C	0.03%
	MSA	D	0.03%
	CFR	C	0.03%
	WBA	F	0.03%
	PR	F	0.03%
	RGEN	F	0.03%
	SEIC	C	0.03%
	SOFI	C	0.03%
	WTFC	B	0.03%
	SWN	D	0.03%
	RRC	D	0.03%
	BFAM	C	0.03%
	FICO	B	0.03%
	SSD	D	0.03%
	KEX	C	0.03%
	MTZ	B	0.03%
	MIDD	D	0.03%
	LECO	F	0.03%
	ACHC	C	0.03%
	MKSI	F	0.03%
	HR	C	0.03%
	BWXT	D	0.03%
	ELAN	D	0.03%
	EXAS	C	0.03%
	STAG	C	0.03%
	PNFP	B	0.03%
	HLI	B	0.03%
	WYNN	D	0.03%
	FR	B	0.03%
	DTM	B	0.03%
	CBSH	C	0.03%
	WEX	C	0.03%
	ALGN	D	0.03%
	WAT	C	0.03%
	FND	C	0.03%
	ADC	C	0.03%
	BRBR	C	0.03%
	ATI	C	0.03%
	COKE	C	0.03%
	GWRE	A	0.03%
	CHE	C	0.03%
	AXTA	B	0.03%
	MOH	D	0.03%
	VOYA	B	0.03%
	MNST	D	0.03%
	AR	F	0.03%
	FCN	D	0.03%
	GMED	D	0.03%
	APG	D	0.03%
	SHW	B	0.03%
	TKO	B	0.03%
	ROKU	C	0.03%
	X	F	0.03%
	CIEN	C	0.03%
	ADP	B	0.03%
	AA	D	0.03%
	BKNG	C	0.03%
	ECL	B	0.03%
	RBC	C	0.03%
	SKX	D	0.03%
	COLD	D	0.03%
	KNX	C	0.03%
	CHRD	F	0.03%
	TW	B	0.03%
	MHK	C	0.03%
	JLL	B	0.03%
	LAMR	B	0.03%
	DCI	C	0.03%
	EVR	A	0.03%
	SF	A	0.03%
	WST	D	0.03%
	LITE	B	0.02%
	COTY	F	0.02%
	ALNY	C	0.02%
	NEU	D	0.02%
	RH	B	0.02%
	AMP	A	0.02%
	SITE	C	0.02%
	BILL	D	0.02%
	ROIV	C	0.02%
	GNRC	D	0.02%
	ASH	D	0.02%
	FLO	C	0.02%
	DOCS	B	0.02%
	EEFT	D	0.02%
	S	C	0.02%
	W	D	0.02%
	WTM	D	0.02%
	FRPT	B	0.02%
	AL	D	0.02%
	SLM	D	0.02%
	WLK	D	0.02%
	RYN	C	0.02%
	AZO	D	0.02%
	SAIA	D	0.02%
	CCCS	D	0.02%
	FOX	B	0.02%
	LNC	D	0.02%
	HXL	F	0.02%
	LBRDK	F	0.02%
	WSC	D	0.02%
	VNT	F	0.02%
	OLN	D	0.02%
	KD	D	0.02%
	ALK	C	0.02%
	IDA	C	0.02%
	ORLY	C	0.02%
	COIN	F	0.02%
	THG	B	0.02%
	TKR	D	0.02%
	MTDR	F	0.02%
	XRAY	D	0.02%
	H	C	0.02%
	VMI	D	0.02%
	SN	B	0.02%
	AMG	C	0.02%
	GME	F	0.02%
	DAR	F	0.02%
	ESAB	C	0.02%
	MTSI	D	0.02%
	GWW	B	0.02%
	SRCL	A	0.02%
	ESI	D	0.02%
	RITM	B	0.02%
	GXO	D	0.02%
	OLLI	C	0.02%
	RLI	B	0.02%
	AZPN	B	0.02%
	WMS	D	0.02%
	LFUS	C	0.02%
	FLS	D	0.02%
	SIRI	C	0.02%
	EXEL	C	0.01%
	LYFT	D	0.01%
	CERT	F	0.01%
	TRIP	F	0.01%
	PPC	D	0.01%
	UAA	C	0.01%
	UA	D	0.01%
	GO	F	0.01%
	AS	C	0.01%
	MP	D	0.01%
	PSTG	F	0.01%
	BIRK	F	0.01%
	AZEK	C	0.01%
	BROS	D	0.01%
	LPX	B	0.01%
	HAYW	C	0.01%
	SAM	F	0.01%
	REYN	C	0.01%
	VSTS	D	0.01%
	ADT	C	0.01%
	LLYVK	B	0.01%
	BR	D	0.01%
	QS	F	0.01%
	EXP	B	0.01%
	ETSY	F	0.01%
	MASI	F	0.01%
	CNM	F	0.01%
	YETI	D	0.01%
	HHH	C	0.01%
	RCM	C	0.01%
	ULTA	D	0.01%
	CC	F	0.01%
	ENOV	D	0.01%
	BRKR	D	0.01%
	SHC	C	0.01%
	SEE	D	0.01%
	BHF	F	0.01%
	AZTA	F	0.01%
	QDEL	D	0.01%
	ZG	B	0.01%
	VNOM	C	0.01%
	RKT	C	0.01%
	CXT	D	0.01%
	VIRT	C	0.01%
	IRDM	D	0.01%
	SMG	C	0.01%
	CPRT	D	0.01%
	AM	C	0.01%
	AMED	C	0.01%
	NWS	D	0.01%
	PENN	D	0.01%
	PLNT	B	0.01%
	LBTYA	B	0.01%
	SPR	D	0.01%
	NSA	B	0.01%
	NVST	D	0.01%
	AMKR	F	0.01%
	LCID	C	0.01%
	MSGS	B	0.01%
	LBTYK	B	0.01%
	TPG	B	0.01%
	KMPR	D	0.01%
	AWI	B	0.01%
	CTAS	B	0.01%
	SEG	C	0.0%
	LOAR	C	0.0%
	PARAA	D	0.0%
	UWMC	D	0.0%
	LAZ	B	0.0%
	NFE	F	0.0%
	GRAL	F	0.0%
	DJT	F	0.0%
	IONS	F	0.0%
	UI	B	0.0%
	PLTK	C	0.0%
	CHH	C	0.0%
	HCP	B	0.0%
	TFSL	C	0.0%
	TXG	D	0.0%
	CAR	F	0.0%
	LSCC	D	0.0%
	SEB	D	0.0%
	LBRDA	F	0.0%
	LLYVA	B	0.0%
	PYCR	D	0.0%
	ALAB	D	0.0%
	NCNO	D	0.0%
	FWONA	C	0.0%
	FIVE	D	0.0%
	DDS	F	0.0%
	WOLF	F	0.0%
	CNA	C	0.0%
	HAS	B	0.0%

IWD Underweight 30 Positions Relative to JVAL

	Symbol	Grade	Weight
	AAPL	C	-2.02%
	META	B	-1.95%
	MSFT	C	-1.81%
	GOOGL	D	-1.64%
	AVGO	C	-1.56%
	ORCL	C	-0.98%
	ADBE	F	-0.94%
	MRK	D	-0.87%
	INTU	C	-0.8%
	KLAC	D	-0.51%
	PANW	D	-0.46%
	LRCX	F	-0.45%
	WDAY	D	-0.3%
	APP	C	-0.3%
	GDDY	C	-0.29%
	ADSK	C	-0.29%
	VRT	C	-0.26%
	IT	B	-0.24%
	MPWR	C	-0.23%
	MUSA	D	-0.18%
	CRBG	D	-0.16%
	DT	C	-0.15%
	POOL	C	-0.14%
	DOCU	C	-0.14%
	ENTG	F	-0.13%
	PEGA	C	-0.12%
	BSY	D	-0.11%
	TDC	F	-0.11%
	SMAR	C	-0.09%
	ADTN	D	-0.07%

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

JVAL: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Semiconductors Information Technology Services Software - Infrastructure Diversified Industrials Oil & Gas E&P Packaged Foods Packaging & Containers Semiconductor Equipment & Materials Asset Management Specialty Retail Utilities - Regulated Electric Apparel Manufacturing Auto Parts Drug Manufacturers - Major Health Care Plans Internet Content & Information REIT - Retail Credit Services

Keywords: S&P 500 Nasdaq 100 Computing Bank Banking Electronics Semiconductor Insurance Natural Gas Telecommunications Aerospace Integrated Circuits Cloud Computing Dow Jones Component Cash Management Real Estate Investment Trust Work From Home Commercial Banking Electricity Financial Products