IWD vs. NBCR ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Neuberger Berman Core Equity ETF (NBCR)

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

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	IWD	NBCR
30 Days	3.53%	2.81%
60 Days	4.90%	4.11%
90 Days	6.95%	5.52%
12 Months	29.54%

154 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in NBCR	Overlap
ABBV	D	0.65%	0.86%	0.65%
ACN	C	0.86%	0.47%	0.47%
ADI	D	0.4%	0.5%	0.4%
AEP	D	0.2%	0.19%	0.19%
AIG	B	0.19%	0.76%	0.19%
AIZ	A	0.04%	0.25%	0.04%
ALL	A	0.17%	0.45%	0.17%
AMAT	F	0.04%	0.52%	0.04%
AMD	F	0.29%	0.57%	0.29%
AMGN	D	0.13%	0.31%	0.13%
AON	A	0.29%	1.41%	0.29%
APD	A	0.27%	0.14%	0.14%
APH	A	0.14%	0.45%	0.14%
APO	B	0.08%	0.32%	0.08%
APTV	D	0.06%	0.14%	0.06%
AVTR	F	0.05%	0.13%	0.05%
AVY	D	0.04%	0.29%	0.04%
BA	F	0.31%	0.19%	0.19%
BAC	A	1.23%	0.76%	0.76%
BK	A	0.22%	0.12%	0.12%
BKNG	A	0.04%	0.49%	0.04%
BLDR	D	0.07%	0.12%	0.07%
BLK	C	0.6%	0.35%	0.35%
BMRN	D	0.05%	0.09%	0.05%
BMY	B	0.44%	0.28%	0.28%
BSX	B	0.5%	0.87%	0.5%
C	A	0.51%	0.39%	0.39%
CARR	D	0.24%	0.36%	0.24%
CAT	B	0.63%	0.51%	0.51%
CCK	C	0.04%	0.08%	0.04%
CCL	B	0.09%	0.62%	0.09%
CDW	F	0.05%	0.13%	0.05%
CEG	D	0.23%	0.17%	0.17%
CFG	B	0.08%	0.14%	0.08%
CL	D	0.13%	0.36%	0.13%
CNC	D	0.12%	0.18%	0.12%
CNP	B	0.08%	0.09%	0.08%
COP	C	0.51%	0.4%	0.4%
CRM	B	0.18%	0.87%	0.18%
CSCO	B	0.91%	0.46%	0.46%
CSX	B	0.27%	0.27%	0.27%
CVS	D	0.26%	0.33%	0.26%
D	C	0.19%	0.17%	0.17%
DAL	C	0.16%	0.25%	0.16%
DE	A	0.39%	0.33%	0.33%
DGX	A	0.07%	0.19%	0.07%
DLTR	F	0.05%	0.25%	0.05%
DTE	C	0.1%	0.07%	0.07%
DTM	B	0.04%	0.08%	0.04%
DUK	C	0.34%	0.23%	0.23%
EA	A	0.17%	0.17%	0.17%
ECL	D	0.03%	0.16%	0.03%
EFX	F	0.09%	0.18%	0.09%
EHC	B	0.04%	0.22%	0.04%
ELS	C	0.05%	0.16%	0.05%
ELV	F	0.3%	0.26%	0.26%
EOG	A	0.3%	0.31%	0.3%
EQR	B	0.11%	0.09%	0.09%
EQT	B	0.09%	0.13%	0.09%
ESI	A	0.02%	0.14%	0.02%
ETN	A	0.56%	0.63%	0.56%
ETR	B	0.12%	0.16%	0.12%
FANG	D	0.13%	0.24%	0.13%
FBIN	D	0.04%	0.05%	0.04%
FCX	D	0.24%	0.26%	0.24%
FDX	B	0.26%	0.22%	0.22%
FE	C	0.09%	0.11%	0.09%
FI	A	0.32%	0.66%	0.32%
FITB	A	0.12%	0.24%	0.12%
FYBR	D	0.03%	0.6%	0.03%
GE	D	0.59%	0.94%	0.59%
GIS	D	0.14%	0.31%	0.14%
GL	B	0.04%	0.26%	0.04%
GM	B	0.25%	0.59%	0.25%
GS	A	0.53%	0.42%	0.42%
GXO	B	0.03%	0.06%	0.03%
HCA	F	0.19%	0.26%	0.19%
HD	A	0.32%	1.22%	0.32%
HUM	C	0.13%	0.2%	0.13%
ICE	C	0.34%	0.56%	0.34%
INVH	D	0.08%	0.1%	0.08%
IONS	F	0.0%	0.05%	0.0%
IQV	D	0.12%	0.13%	0.12%
IR	B	0.16%	0.36%	0.16%
J	F	0.07%	0.19%	0.07%
JNJ	D	1.45%	0.98%	0.98%
JPM	A	2.74%	1.4%	1.4%
K	A	0.08%	0.22%	0.08%
KDP	D	0.14%	0.42%	0.14%
KKR	A	0.28%	0.61%	0.28%
LEN	D	0.01%	0.22%	0.01%
LEN	D	0.16%	0.22%	0.16%
LIN	D	0.84%	0.59%	0.59%
LMT	D	0.3%	0.26%	0.26%
LNG	B	0.09%	0.13%	0.09%
LNT	A	0.06%	0.13%	0.06%
MCD	D	0.77%	0.58%	0.58%
MCK	B	0.17%	0.25%	0.17%
MDLZ	F	0.34%	0.36%	0.34%
MDT	D	0.44%	0.72%	0.44%
MET	A	0.19%	0.22%	0.19%
MLM	B	0.13%	0.25%	0.13%
MMM	D	0.23%	0.44%	0.23%
MOH	F	0.02%	0.17%	0.02%
MSI	B	0.16%	0.35%	0.16%
MTCH	D	0.03%	0.12%	0.03%
NDAQ	A	0.13%	0.3%	0.13%
NEE	D	0.61%	0.33%	0.33%
NKE	D	0.14%	0.25%	0.14%
NSC	B	0.23%	0.29%	0.23%
NUE	C	0.14%	0.11%	0.11%
NVT	B	0.05%	0.39%	0.05%
OKE	A	0.25%	0.16%	0.16%
ON	D	0.11%	0.1%	0.1%
ORLY	B	0.02%	0.26%	0.02%
PCG	A	0.17%	0.14%	0.14%
PEG	A	0.17%	0.16%	0.16%
PG	A	1.21%	0.87%	0.87%
PH	A	0.35%	0.48%	0.35%
PLD	D	0.41%	0.38%	0.38%
PNC	B	0.32%	0.31%	0.31%
PSX	C	0.21%	0.24%	0.21%
QCOM	F	0.04%	0.91%	0.04%
REGN	F	0.28%	0.3%	0.28%
RSG	A	0.17%	0.16%	0.16%
SAIA	B	0.02%	0.21%	0.02%
SHW	A	0.03%	0.24%	0.03%
SLB	C	0.24%	0.26%	0.24%
SPGI	C	0.61%	0.74%	0.61%
SRE	A	0.23%	0.2%	0.2%
STLD	B	0.08%	0.1%	0.08%
STWD	C	0.02%	0.11%	0.02%
STZ	D	0.15%	0.17%	0.15%
T	A	0.63%	0.75%	0.63%
TDG	D	0.21%	0.77%	0.21%
TJX	A	0.22%	0.71%	0.22%
TKO	B	0.03%	0.15%	0.03%
TMO	F	0.76%	0.53%	0.53%
TMUS	B	0.44%	0.88%	0.44%
TOL	B	0.06%	0.07%	0.06%
TRU	D	0.07%	0.3%	0.07%
TT	A	0.24%	0.48%	0.24%
TW	A	0.04%	0.12%	0.04%
TXN	C	0.63%	0.63%	0.63%
ULTA	F	0.01%	0.4%	0.01%
UNM	A	0.05%	0.97%	0.05%
URI	B	0.16%	0.32%	0.16%
VRTX	F	0.23%	0.51%	0.23%
VTR	C	0.1%	0.2%	0.1%
WFC	A	1.01%	0.99%	0.99%
WMB	A	0.27%	0.16%	0.16%
WY	D	0.09%	0.06%	0.06%
XOM	B	2.08%	1.15%	1.15%
ZBH	C	0.09%	0.5%	0.09%

IWD Overweight 711 Positions Relative to NBCR

Symbol	Grade	Weight
BRK.A	B	3.35%
UNH	C	1.98%
WMT	A	1.42%
CVX	A	1.08%
DIS	B	0.82%
PM	B	0.78%
ABT	B	0.78%
IBM	C	0.73%
VZ	C	0.68%
CMCSA	B	0.64%
RTX	C	0.61%
LOW	D	0.6%
DHR	F	0.58%
MS	A	0.57%
PFE	D	0.55%
HON	B	0.49%
CB	C	0.45%
GILD	C	0.43%
SCHW	B	0.42%
MU	D	0.41%
KO	D	0.4%
INTC	D	0.4%
SYK	C	0.39%
AXP	A	0.39%
UPS	C	0.38%
MMC	B	0.37%
MO	A	0.37%
SO	D	0.37%
GEV	B	0.35%
PYPL	B	0.34%
CME	A	0.32%
CI	F	0.32%
WELL	A	0.32%
GD	F	0.31%
EQIX	A	0.31%
USB	A	0.3%
UNP	C	0.29%
EMR	A	0.28%
NOC	D	0.27%
MRVL	B	0.27%
COF	B	0.27%
TGT	F	0.27%
CRH	A	0.26%
MAR	B	0.25%
BDX	F	0.25%
TFC	A	0.24%
AFL	B	0.24%
DLR	B	0.23%
ROP	B	0.23%
AJG	B	0.23%
TRV	B	0.23%
MPC	D	0.22%
JCI	C	0.22%
PCAR	B	0.22%
KMI	A	0.21%
ITW	B	0.2%
DHI	D	0.19%
O	D	0.19%
FIS	C	0.19%
CMI	A	0.19%
MSTR	C	0.19%
PSA	D	0.18%
CCI	D	0.18%
KVUE	A	0.18%
PRU	A	0.18%
PEP	F	0.18%
LHX	C	0.18%
NEM	D	0.18%
HWM	A	0.17%
BKR	B	0.17%
F	C	0.17%
SPG	B	0.17%
DFS	B	0.17%
AME	A	0.17%
VLO	C	0.17%
CBRE	B	0.16%
OTIS	C	0.16%
A	D	0.15%
FERG	B	0.15%
CTSH	B	0.15%
KR	B	0.15%
CTVA	C	0.15%
XEL	A	0.15%
EXC	C	0.15%
MTB	A	0.14%
ROST	C	0.14%
GLW	B	0.14%
RCL	A	0.14%
CHTR	C	0.14%
ACGL	D	0.14%
GRMN	B	0.13%
AVB	B	0.13%
PWR	A	0.13%
EW	C	0.13%
VICI	C	0.13%
OXY	D	0.13%
MCHP	D	0.13%
ED	D	0.13%
GEHC	F	0.13%
WAB	B	0.13%
DD	D	0.13%
EXR	D	0.13%
HIG	B	0.13%
GPN	B	0.12%
HLT	A	0.12%
ROK	B	0.12%
UAL	A	0.12%
DELL	C	0.12%
RJF	A	0.12%
TTWO	A	0.12%
WEC	A	0.12%
DOW	F	0.12%
EBAY	D	0.12%
EIX	B	0.12%
WTW	B	0.12%
SQ	B	0.11%
HPQ	B	0.11%
HPE	B	0.11%
VMC	B	0.11%
DOV	A	0.11%
KHC	F	0.11%
PPG	F	0.11%
STT	A	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
XYL	D	0.11%
PAYX	C	0.11%
RMD	C	0.1%
PPL	B	0.1%
MTD	D	0.1%
SBUX	A	0.1%
ADM	D	0.1%
HBAN	A	0.1%
SYF	B	0.1%
NVR	D	0.1%
KEYS	A	0.1%
TROW	B	0.1%
HAL	C	0.1%
AWK	D	0.1%
FTV	C	0.1%
FCNCA	A	0.1%
KMB	D	0.1%
PHM	D	0.1%
CHD	B	0.1%
SW	A	0.1%
IFF	D	0.09%
WBD	C	0.09%
YUM	B	0.09%
CINF	A	0.09%
BIIB	F	0.09%
HUBB	B	0.09%
PGR	A	0.09%
SBAC	D	0.09%
DVN	F	0.09%
RF	A	0.09%
AEE	A	0.09%
COO	D	0.08%
LUV	C	0.08%
LH	C	0.08%
PFG	D	0.08%
BBY	D	0.08%
IP	B	0.08%
FSLR	F	0.08%
CMS	C	0.08%
WDC	D	0.08%
PKG	A	0.08%
CBOE	B	0.08%
ZM	B	0.08%
HSY	F	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
ILMN	D	0.08%
LYB	F	0.08%
EXE	B	0.08%
LDOS	C	0.08%
STE	F	0.08%
ES	D	0.08%
TDY	B	0.08%
ATO	A	0.08%
MKL	A	0.07%
OC	A	0.07%
CVNA	B	0.07%
GPC	D	0.07%
TRMB	B	0.07%
MAS	D	0.07%
IEX	B	0.07%
PNR	A	0.07%
CSL	C	0.07%
RS	B	0.07%
KEY	B	0.07%
WRB	A	0.07%
HOLX	D	0.07%
WSO	A	0.07%
TSN	B	0.07%
ARE	D	0.07%
MAA	B	0.07%
SNA	A	0.07%
MKC	D	0.07%
OMC	C	0.07%
BALL	D	0.07%
CTRA	B	0.07%
IBKR	A	0.07%
MSCI	C	0.07%
ESS	B	0.07%
SYY	B	0.06%
EVRG	A	0.06%
EXPD	D	0.06%
EWBC	A	0.06%
VRSN	F	0.06%
HES	B	0.06%
IRM	D	0.06%
NDSN	B	0.06%
ACM	A	0.06%
UDR	B	0.06%
DOC	D	0.06%
BRO	B	0.06%
THC	D	0.06%
AMCR	D	0.06%
USFD	A	0.06%
JBHT	C	0.06%
L	A	0.06%
GGG	B	0.06%
RGA	A	0.06%
VTRS	A	0.06%
SUI	D	0.06%
ZBRA	B	0.06%
SSNC	B	0.06%
FNF	B	0.06%
UTHR	C	0.06%
CF	B	0.06%
TXT	D	0.06%
MRO	B	0.06%
GEN	B	0.06%
BAX	D	0.06%
KIM	A	0.06%
NI	A	0.06%
DG	F	0.06%
Z	A	0.05%
UHS	D	0.05%
SOFI	A	0.05%
CAH	B	0.05%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
JNPR	F	0.05%
SCI	B	0.05%
HST	C	0.05%
NTNX	A	0.05%
WPC	D	0.05%
FTI	A	0.05%
ALLE	D	0.05%
ALB	C	0.05%
CASY	A	0.05%
BXP	D	0.05%
EPAM	C	0.05%
CPT	B	0.05%
COHR	B	0.05%
ITT	A	0.05%
CLH	B	0.05%
JKHY	D	0.05%
AMH	D	0.05%
CAG	D	0.05%
BG	F	0.05%
GLPI	C	0.05%
CHRW	C	0.05%
JBL	B	0.05%
TPR	B	0.05%
AFRM	B	0.05%
SWK	D	0.05%
AKAM	D	0.05%
TWLO	A	0.05%
RPM	A	0.05%
RNR	C	0.05%
NTAP	C	0.05%
EG	C	0.05%
SWKS	F	0.05%
RVTY	F	0.05%
REG	B	0.05%
CW	B	0.05%
FFIV	B	0.05%
VLTO	D	0.05%
EME	C	0.05%
ZTS	D	0.05%
WST	C	0.04%
GMED	A	0.04%
TFX	F	0.04%
REXR	F	0.04%
CMA	A	0.04%
BWXT	B	0.04%
INGR	B	0.04%
DCI	B	0.04%
RGLD	C	0.04%
ORI	A	0.04%
JEF	A	0.04%
SOLV	C	0.04%
DRI	B	0.04%
PNFP	B	0.04%
EL	F	0.04%
BRBR	A	0.04%
FRT	B	0.04%
CNH	C	0.04%
CRL	C	0.04%
COIN	C	0.04%
MKTX	D	0.04%
CIEN	B	0.04%
DOX	D	0.04%
DPZ	C	0.04%
WAL	B	0.04%
WTRG	B	0.04%
ARMK	B	0.04%
AES	F	0.04%
NLY	C	0.04%
OHI	C	0.04%
AFG	A	0.04%
GME	C	0.04%
LAD	A	0.04%
RPRX	D	0.04%
DKS	C	0.04%
DAY	B	0.04%
LKQ	D	0.04%
ALSN	B	0.04%
AYI	B	0.04%
BLD	D	0.04%
WWD	B	0.04%
IPG	D	0.04%
WBS	A	0.04%
CACI	D	0.04%
PRI	A	0.04%
TECH	D	0.04%
PNW	B	0.04%
FOXA	B	0.04%
EVR	B	0.04%
CTLT	B	0.04%
CUBE	D	0.04%
FWONK	B	0.04%
NWSA	B	0.04%
FTNT	C	0.04%
PFGC	B	0.04%
TAP	C	0.04%
SJM	D	0.04%
ATR	B	0.04%
CG	A	0.04%
AA	B	0.04%
FHN	A	0.04%
RRX	B	0.04%
NRG	B	0.04%
INCY	C	0.04%
KMX	B	0.04%
SF	B	0.04%
BJ	A	0.04%
OVV	B	0.04%
COLB	A	0.03%
MTG	C	0.03%
CGNX	C	0.03%
FAF	A	0.03%
IVZ	B	0.03%
LSTR	D	0.03%
BILL	A	0.03%
OKTA	C	0.03%
STAG	F	0.03%
AZPN	A	0.03%
WEX	D	0.03%
HR	C	0.03%
DINO	D	0.03%
GWW	B	0.03%
AXS	A	0.03%
VMI	B	0.03%
MKSI	C	0.03%
FMC	D	0.03%
ALK	C	0.03%
WSM	B	0.03%
WH	B	0.03%
HRB	D	0.03%
DAR	C	0.03%
FCN	D	0.03%
FND	C	0.03%
MTSI	B	0.03%
RLI	B	0.03%
SSD	D	0.03%
FR	C	0.03%
ATI	D	0.03%
ALGN	D	0.03%
GNTX	C	0.03%
ELAN	D	0.03%
R	B	0.03%
ESAB	B	0.03%
VFC	C	0.03%
OSK	B	0.03%
BBWI	D	0.03%
AGNC	D	0.03%
VNO	B	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%
FAST	B	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
CHE	D	0.03%
DASH	A	0.03%
MNST	C	0.03%
RHI	B	0.03%
JAZZ	B	0.03%
ADC	B	0.03%
KEX	C	0.03%
HII	D	0.03%
PR	B	0.03%
NNN	D	0.03%
BERY	B	0.03%
FLS	B	0.03%
BWA	D	0.03%
G	B	0.03%
RRC	B	0.03%
CHRD	D	0.03%
ACI	C	0.03%
CZR	F	0.03%
SNV	B	0.03%
X	C	0.03%
SEIC	B	0.03%
APG	B	0.03%
CFR	B	0.03%
APA	D	0.03%
LECO	B	0.03%
LAMR	D	0.03%
WAT	B	0.03%
RIVN	F	0.03%
VOYA	B	0.03%
CPB	D	0.03%
FICO	B	0.03%
EGP	F	0.03%
RL	B	0.03%
GPK	C	0.03%
NYT	C	0.03%
MTZ	B	0.03%
CR	A	0.03%
JLL	D	0.03%
MOS	F	0.03%
CBSH	A	0.03%
TTC	D	0.03%
OGE	B	0.03%
HRL	D	0.03%
WTFC	A	0.03%
WYNN	D	0.03%
GWRE	A	0.03%
ALLY	C	0.03%
ZION	B	0.03%
BRX	A	0.03%
TTEK	F	0.03%
AAL	B	0.03%
MGM	D	0.03%
AOS	F	0.03%
SNX	C	0.03%
HSIC	B	0.03%
KNX	B	0.03%
ADP	B	0.03%
AR	B	0.03%
HLI	B	0.03%
AXTA	A	0.03%
RBC	A	0.03%
WCC	B	0.03%
PTC	A	0.03%
OGN	D	0.02%
LINE	F	0.02%
SITE	D	0.02%
HOG	D	0.02%
FLO	D	0.02%
TPG	A	0.02%
GTES	A	0.02%
PAYC	B	0.02%
GFS	C	0.02%
DLB	B	0.02%
M	D	0.02%
AN	C	0.02%
WLK	D	0.02%
KMPR	B	0.02%
GAP	C	0.02%
AWI	A	0.02%
RYN	D	0.02%
SLGN	A	0.02%
PSN	D	0.02%
WSC	D	0.02%
EEFT	B	0.02%
DBX	B	0.02%
KRC	C	0.02%
CUZ	B	0.02%
AZO	C	0.02%
AGO	B	0.02%
ST	F	0.02%
FRPT	B	0.02%
AVT	C	0.02%
CROX	D	0.02%
ROIV	C	0.02%
OLN	D	0.02%
TKR	D	0.02%
WTM	A	0.02%
HXL	D	0.02%
AMP	A	0.02%
BYD	C	0.02%
SON	D	0.02%
AL	B	0.02%
UGI	A	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	D	0.02%
CRUS	D	0.02%
LITE	B	0.02%
EXAS	D	0.02%
GNRC	B	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%
FOX	A	0.02%
H	B	0.02%
WMS	D	0.02%
JHG	A	0.02%
THG	A	0.02%
AGCO	D	0.02%
AMG	B	0.02%
ONTO	D	0.02%
LNC	B	0.02%
FNB	A	0.02%
VNT	B	0.02%
LFUS	F	0.02%
IDA	A	0.02%
WHR	B	0.02%
RGEN	D	0.02%
CE	F	0.02%
S	B	0.02%
ARW	D	0.02%
WBA	F	0.02%
BEN	C	0.02%
BIO	D	0.02%
QRVO	F	0.02%
MTDR	B	0.02%
BPOP	B	0.02%
OMF	A	0.02%
SAIC	F	0.02%
COLD	D	0.02%
NOV	C	0.02%
SIRI	C	0.02%
KD	B	0.02%
MSA	D	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%
TER	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	F	0.01%
BIRK	D	0.01%
ALAB	B	0.01%
CNXC	F	0.01%
VSTS	C	0.01%
CRI	D	0.01%
PSTG	D	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	B	0.01%
LYFT	C	0.01%
BRKR	D	0.01%
IPGP	D	0.01%
GLOB	B	0.01%
SHC	F	0.01%
ADT	C	0.01%
LPX	B	0.01%
RCM	F	0.01%
AAP	C	0.01%
CWEN	C	0.01%
WU	D	0.01%
AZTA	D	0.01%
YETI	C	0.01%
JWN	C	0.01%
HAYW	B	0.01%
SAM	C	0.01%
BR	A	0.01%
PINC	B	0.01%
ALGM	D	0.01%
SPB	C	0.01%
MP	B	0.01%
CPRI	F	0.01%
HHH	B	0.01%
EXP	A	0.01%
ENOV	C	0.01%
AGR	B	0.01%
MPW	F	0.01%
BOKF	B	0.01%
CC	C	0.01%
CXT	B	0.01%
COTY	F	0.01%
SEE	C	0.01%
COLM	B	0.01%
CNM	D	0.01%
AMKR	D	0.01%
VIRT	B	0.01%
ECG	C	0.01%
U	C	0.01%
AMED	F	0.01%
MAN	D	0.01%
SNRE	D	0.01%
PAG	B	0.01%
NSA	D	0.01%
LLYVK	A	0.01%
PK	B	0.01%
NXST	C	0.01%
IRDM	D	0.01%
BROS	B	0.01%
SPR	D	0.01%
PENN	C	0.01%
AMTM	D	0.01%
SMG	D	0.01%
LOPE	B	0.01%
BHF	B	0.01%
VAC	B	0.01%
ZI	D	0.01%
HUN	F	0.01%
AM	A	0.01%
HIW	D	0.01%
EPR	D	0.01%
MASI	A	0.01%
ZG	A	0.01%
ALNY	D	0.01%
CPRT	A	0.01%
PII	D	0.01%
ACHC	F	0.01%
FHB	A	0.01%
CLF	F	0.01%
UHAL	D	0.01%
IAC	D	0.01%
NVST	B	0.01%
NWS	B	0.01%
W	F	0.01%
PRGO	B	0.01%
VNOM	A	0.01%
TNL	A	0.01%
XRAY	F	0.01%
CIVI	D	0.01%
NWL	B	0.01%
DNB	B	0.01%
MDU	D	0.01%
MSGS	A	0.01%
NEU	C	0.01%
RH	B	0.01%
DXC	B	0.01%
PLNT	A	0.01%
CTAS	B	0.01%
OLED	D	0.01%
TYL	B	0.01%
MSM	C	0.01%
ASH	D	0.01%
LOAR	A	0.0%
UWMC	D	0.0%
SEG	B	0.0%
PARAA	B	0.0%
NFE	D	0.0%
UHAL	D	0.0%
LAZ	B	0.0%
GRAL	C	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	A	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	B	0.0%
PYCR	C	0.0%
HAS	D	0.0%
FWONA	B	0.0%
AS	B	0.0%
CERT	F	0.0%
DV	C	0.0%
LBRDA	C	0.0%
NCNO	B	0.0%

IWD Underweight 39 Positions Relative to NBCR

Symbol	Grade	Weight
NVDA	C	-6.7%
AAPL	C	-6.48%
MSFT	F	-6.01%
AMZN	C	-3.83%
GOOGL	C	-3.37%
GOOG	C	-1.94%
V	A	-1.23%
LLY	F	-1.19%
MA	C	-1.1%
COST	B	-1.06%
ORCL	B	-0.99%
NFLX	A	-0.81%
NOW	A	-0.77%
UBER	D	-0.74%
INTU	C	-0.62%
SNPS	B	-0.58%
IWB	A	-0.56%
DKNG	B	-0.52%
CRWD	B	-0.51%
UL	D	-0.51%
LVS	C	-0.35%
MCO	B	-0.28%
ASML	F	-0.23%
WCN	A	-0.21%
LRCX	F	-0.2%
CHKP	D	-0.2%
DXCM	D	-0.18%
ADSK	A	-0.17%
VRSK	A	-0.17%
VST	B	-0.15%
FCPT	C	-0.14%
WRBY	B	-0.14%
ENTG	D	-0.13%
IT	C	-0.13%
TRGP	B	-0.09%
UTZ	D	-0.08%
WIX	B	-0.08%
SMAR	A	-0.07%
BHP	F	-0.03%