IWD vs. ONEV ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

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

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,833

Number of Holdings ^*

415

* may have additional holdings in another (foreign) market

Performance

Period	IWD	ONEV
30 Days	3.53%	4.10%
60 Days	4.90%	4.09%
90 Days	6.95%	5.47%
12 Months	29.54%	26.02%

396 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in ONEV	Overlap
	A	D	0.15%	0.42%	0.15%
	AAP	C	0.01%	0.06%	0.01%
	ACGL	D	0.14%	0.93%	0.14%
	ACI	C	0.03%	0.19%	0.03%
	ACM	A	0.06%	0.19%	0.06%
	ADC	B	0.03%	0.06%	0.03%
	ADM	D	0.1%	0.55%	0.1%
	AEE	A	0.09%	0.39%	0.09%
	AEP	D	0.2%	0.28%	0.2%
	AES	F	0.04%	0.04%	0.04%
	AFG	A	0.04%	0.08%	0.04%
	AGCO	D	0.02%	0.14%	0.02%
	AGO	B	0.02%	0.09%	0.02%
	AGR	B	0.01%	0.04%	0.01%
	AIZ	A	0.04%	0.18%	0.04%
	AKAM	D	0.05%	0.29%	0.05%
	ALK	C	0.03%	0.08%	0.03%
	ALLE	D	0.05%	0.23%	0.05%
	ALSN	B	0.04%	0.37%	0.04%
	AMCR	D	0.06%	0.35%	0.06%
	AME	A	0.17%	0.2%	0.17%
	AMED	F	0.01%	0.04%	0.01%
	AMG	B	0.02%	0.22%	0.02%
	AMH	D	0.05%	0.12%	0.05%
	ANSS	B	0.11%	0.29%	0.11%
	AON	A	0.29%	0.56%	0.29%
	AOS	F	0.03%	0.25%	0.03%
	ARW	D	0.02%	0.08%	0.02%
	ASH	D	0.01%	0.07%	0.01%
	ATO	A	0.08%	0.64%	0.08%
	ATR	B	0.04%	0.23%	0.04%
	AVB	B	0.13%	0.26%	0.13%
	AVY	D	0.04%	0.17%	0.04%
	AWI	A	0.02%	0.11%	0.02%
	AWK	D	0.1%	0.16%	0.1%
	AXS	A	0.03%	0.1%	0.03%
	AXTA	A	0.03%	0.08%	0.03%
	AYI	B	0.04%	0.17%	0.04%
	AZO	C	0.02%	0.7%	0.02%
	BALL	D	0.07%	0.13%	0.07%
	BAX	D	0.06%	0.15%	0.06%
	BBY	D	0.08%	0.72%	0.08%
	BC	C	0.02%	0.06%	0.02%
	BEN	C	0.02%	0.06%	0.02%
	BERY	B	0.03%	0.13%	0.03%
	BFAM	D	0.02%	0.04%	0.02%
	BG	F	0.05%	0.17%	0.05%
	BJ	A	0.04%	0.33%	0.04%
	BMY	B	0.44%	1.44%	0.44%
	BR	A	0.01%	0.45%	0.01%
	BRBR	A	0.04%	0.08%	0.04%
	BRKR	D	0.01%	0.08%	0.01%
	BRO	B	0.06%	0.33%	0.06%
	BWA	D	0.03%	0.29%	0.03%
	BWXT	B	0.04%	0.17%	0.04%
	CACC	D	0.0%	0.02%	0.0%
	CACI	D	0.04%	0.32%	0.04%
	CAG	D	0.05%	0.2%	0.05%
	CAH	B	0.05%	1.07%	0.05%
	CASY	A	0.05%	0.54%	0.05%
	CBOE	B	0.08%	0.65%	0.08%
	CBRE	B	0.16%	0.3%	0.16%
	CBSH	A	0.03%	0.07%	0.03%
	CCK	C	0.04%	0.15%	0.04%
	CE	F	0.02%	0.13%	0.02%
	CF	B	0.06%	0.19%	0.06%
	CGNX	C	0.03%	0.04%	0.03%
	CHD	B	0.1%	0.21%	0.1%
	CHE	D	0.03%	0.3%	0.03%
	CHH	A	0.0%	0.07%	0.0%
	CHRW	C	0.05%	0.11%	0.05%
	CHTR	C	0.14%	0.54%	0.14%
	CIEN	B	0.04%	0.14%	0.04%
	CINF	A	0.09%	0.69%	0.09%
	CL	D	0.13%	0.25%	0.13%
	CMI	A	0.19%	0.71%	0.19%
	CMS	C	0.08%	0.29%	0.08%
	CNA	B	0.0%	0.02%	0.0%
	CNC	D	0.12%	0.63%	0.12%
	CNH	C	0.04%	0.06%	0.04%
	CNM	D	0.01%	0.18%	0.01%
	CNP	B	0.08%	0.25%	0.08%
	COKE	C	0.03%	0.12%	0.03%
	COLM	B	0.01%	0.1%	0.01%
	CPB	D	0.03%	0.2%	0.03%
	CPT	B	0.05%	0.22%	0.05%
	CR	A	0.03%	0.12%	0.03%
	CRI	D	0.01%	0.07%	0.01%
	CRL	C	0.04%	0.07%	0.04%
	CRUS	D	0.02%	0.16%	0.02%
	CSL	C	0.07%	0.19%	0.07%
	CSX	B	0.27%	0.27%	0.27%
	CTRA	B	0.07%	0.31%	0.07%
	CTSH	B	0.15%	1.46%	0.15%
	CTVA	C	0.15%	0.15%	0.15%
	CUBE	D	0.04%	0.3%	0.04%
	CVS	D	0.26%	0.29%	0.26%
	CW	B	0.05%	0.14%	0.05%
	CWEN	C	0.0%	0.04%	0.0%
	CWEN	C	0.01%	0.04%	0.01%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.0%	0.02%	0.0%
	CXT	B	0.01%	0.06%	0.01%
	D	C	0.19%	0.31%	0.19%
	DBX	B	0.02%	0.25%	0.02%
	DCI	B	0.04%	0.26%	0.04%
	DG	F	0.06%	0.33%	0.06%
	DGX	A	0.07%	0.39%	0.07%
	DHI	D	0.19%	0.32%	0.19%
	DINO	D	0.03%	0.05%	0.03%
	DLB	B	0.02%	0.15%	0.02%
	DLTR	F	0.05%	0.19%	0.05%
	DNB	B	0.01%	0.06%	0.01%
	DOV	A	0.11%	0.18%	0.11%
	DOX	D	0.04%	0.36%	0.04%
	DPZ	C	0.04%	0.18%	0.04%
	DTE	C	0.1%	0.19%	0.1%
	DTM	B	0.04%	0.21%	0.04%
	EA	A	0.17%	0.79%	0.17%
	EBAY	D	0.12%	0.64%	0.12%
	ED	D	0.13%	0.31%	0.13%
	EEFT	B	0.02%	0.04%	0.02%
	EG	C	0.05%	0.57%	0.05%
	EGP	F	0.03%	0.12%	0.03%
	EHC	B	0.04%	0.26%	0.04%
	EIX	B	0.12%	0.24%	0.12%
	ELS	C	0.05%	0.22%	0.05%
	EME	C	0.05%	0.32%	0.05%
	EMN	D	0.05%	0.21%	0.05%
	EQR	B	0.11%	0.24%	0.11%
	ES	D	0.08%	0.13%	0.08%
	ESAB	B	0.03%	0.06%	0.03%
	ESI	A	0.02%	0.06%	0.02%
	ESS	B	0.07%	0.13%	0.07%
	ETR	B	0.12%	0.52%	0.12%
	EVR	B	0.04%	0.14%	0.04%
	EVRG	A	0.06%	0.32%	0.06%
	EXC	C	0.15%	0.35%	0.15%
	EXEL	B	0.01%	0.19%	0.01%
	EXP	A	0.01%	0.17%	0.01%
	EXPD	D	0.06%	0.38%	0.06%
	FAF	A	0.03%	0.04%	0.03%
	FAST	B	0.03%	0.63%	0.03%
	FBIN	D	0.04%	0.08%	0.04%
	FCN	D	0.03%	0.15%	0.03%
	FCNCA	A	0.1%	0.16%	0.1%
	FDS	B	0.05%	0.49%	0.05%
	FDX	B	0.26%	0.27%	0.26%
	FE	C	0.09%	0.19%	0.09%
	FFIV	B	0.05%	0.51%	0.05%
	FHB	A	0.01%	0.02%	0.01%
	FIVE	F	0.0%	0.04%	0.0%
	FLO	D	0.02%	0.12%	0.02%
	FLS	B	0.03%	0.06%	0.03%
	FMC	D	0.03%	0.04%	0.03%
	FOX	A	0.02%	0.19%	0.02%
	FOXA	B	0.04%	0.36%	0.04%
	FR	C	0.03%	0.17%	0.03%
	FTRE	D	0.01%	0.05%	0.01%
	FTV	C	0.1%	0.18%	0.1%
	FYBR	D	0.03%	0.11%	0.03%
	G	B	0.03%	0.26%	0.03%
	GEHC	F	0.13%	0.49%	0.13%
	GEN	B	0.06%	0.27%	0.06%
	GGG	B	0.06%	0.29%	0.06%
	GILD	C	0.43%	0.88%	0.43%
	GIS	D	0.14%	0.35%	0.14%
	GL	B	0.04%	0.26%	0.04%
	GNTX	C	0.03%	0.26%	0.03%
	GO	C	0.01%	0.06%	0.01%
	GPC	D	0.07%	0.54%	0.07%
	GPK	C	0.03%	0.16%	0.03%
	GRMN	B	0.13%	0.51%	0.13%
	GTES	A	0.02%	0.03%	0.02%
	GWW	B	0.03%	0.42%	0.03%
	GXO	B	0.03%	0.09%	0.03%
	HIG	B	0.13%	0.26%	0.13%
	HII	D	0.03%	0.24%	0.03%
	HIW	D	0.01%	0.04%	0.01%
	HLI	B	0.03%	0.3%	0.03%
	HOG	D	0.02%	0.03%	0.02%
	HOLX	D	0.07%	0.21%	0.07%
	HPE	B	0.11%	0.59%	0.11%
	HRB	D	0.03%	0.3%	0.03%
	HRL	D	0.03%	0.12%	0.03%
	HSIC	B	0.03%	0.07%	0.03%
	HST	C	0.05%	0.16%	0.05%
	HSY	F	0.08%	0.27%	0.08%
	HUBB	B	0.09%	0.12%	0.09%
	HUM	C	0.13%	0.75%	0.13%
	HUN	F	0.01%	0.04%	0.01%
	IBKR	A	0.07%	0.11%	0.07%
	IDA	A	0.02%	0.14%	0.02%
	IEX	B	0.07%	0.23%	0.07%
	INCY	C	0.04%	0.41%	0.04%
	INGR	B	0.04%	0.36%	0.04%
	IP	B	0.08%	0.47%	0.08%
	IPG	D	0.04%	0.25%	0.04%
	IPGP	D	0.01%	0.07%	0.01%
	IRDM	D	0.01%	0.04%	0.01%
	ITT	A	0.05%	0.17%	0.05%
	ITW	B	0.2%	0.34%	0.2%
	J	F	0.07%	0.34%	0.07%
	JAZZ	B	0.03%	0.28%	0.03%
	JBHT	C	0.06%	0.26%	0.06%
	JBL	B	0.05%	0.45%	0.05%
	JHG	A	0.02%	0.16%	0.02%
	JKHY	D	0.05%	0.21%	0.05%
	JNPR	F	0.05%	0.41%	0.05%
	K	A	0.08%	0.39%	0.08%
	KEX	C	0.03%	0.07%	0.03%
	KEYS	A	0.1%	0.35%	0.1%
	KHC	F	0.11%	0.16%	0.11%
	KMB	D	0.1%	0.42%	0.1%
	KNX	B	0.03%	0.17%	0.03%
	KR	B	0.15%	0.57%	0.15%
	KRC	C	0.02%	0.05%	0.02%
	KVUE	A	0.18%	0.57%	0.18%
	L	A	0.06%	0.22%	0.06%
	LAMR	D	0.03%	0.17%	0.03%
	LBRDA	C	0.0%	0.02%	0.0%
	LBRDK	C	0.03%	0.11%	0.03%
	LDOS	C	0.08%	0.54%	0.08%
	LEA	D	0.02%	0.14%	0.02%
	LECO	B	0.03%	0.28%	0.03%
	LEG	F	0.01%	0.04%	0.01%
	LFUS	F	0.02%	0.06%	0.02%
	LH	C	0.08%	0.55%	0.08%
	LKQ	D	0.04%	0.13%	0.04%
	LNT	A	0.06%	0.2%	0.06%
	LOPE	B	0.01%	0.17%	0.01%
	LSTR	D	0.03%	0.24%	0.03%
	LUV	C	0.08%	0.37%	0.08%
	MAA	B	0.07%	0.31%	0.07%
	MAN	D	0.01%	0.1%	0.01%
	MAS	D	0.07%	0.33%	0.07%
	MAT	D	0.02%	0.19%	0.02%
	MCK	B	0.17%	0.7%	0.17%
	MDU	D	0.01%	0.07%	0.01%
	MIDD	C	0.03%	0.04%	0.03%
	MKC	D	0.07%	0.18%	0.07%
	MKL	A	0.07%	0.47%	0.07%
	MKTX	D	0.04%	0.18%	0.04%
	MNST	C	0.03%	0.18%	0.03%
	MO	A	0.37%	0.59%	0.37%
	MOH	F	0.02%	0.32%	0.02%
	MSA	D	0.02%	0.05%	0.02%
	MSCI	C	0.07%	0.32%	0.07%
	MSGS	A	0.01%	0.11%	0.01%
	MSM	C	0.01%	0.14%	0.01%
	MTD	D	0.1%	0.16%	0.1%
	MTG	C	0.03%	0.18%	0.03%
	MTN	C	0.0%	0.17%	0.0%
	NDAQ	A	0.13%	0.18%	0.13%
	NDSN	B	0.06%	0.08%	0.06%
	NEU	C	0.01%	0.13%	0.01%
	NFG	A	0.02%	0.2%	0.02%
	NI	A	0.06%	0.28%	0.06%
	NNN	D	0.03%	0.11%	0.03%
	NOC	D	0.27%	0.27%	0.27%
	NRG	B	0.04%	0.13%	0.04%
	NSA	D	0.01%	0.06%	0.01%
	NTAP	C	0.05%	0.54%	0.05%
	NUE	C	0.14%	0.34%	0.14%
	NVR	D	0.1%	0.42%	0.1%
	NVST	B	0.01%	0.03%	0.01%
	NWL	B	0.01%	0.08%	0.01%
	NWS	B	0.01%	0.04%	0.01%
	NWSA	B	0.04%	0.12%	0.04%
	NXST	C	0.01%	0.07%	0.01%
	NYT	C	0.03%	0.19%	0.03%
	OC	A	0.07%	0.21%	0.07%
	OGE	B	0.03%	0.26%	0.03%
	OGN	D	0.02%	0.07%	0.02%
	OLLI	D	0.02%	0.03%	0.02%
	OMC	C	0.07%	0.5%	0.07%
	ORI	A	0.04%	0.18%	0.04%
	ORLY	B	0.02%	0.73%	0.02%
	OSK	B	0.03%	0.17%	0.03%
	OTIS	C	0.16%	0.28%	0.16%
	OZK	B	0.02%	0.05%	0.02%
	PAG	B	0.01%	0.03%	0.01%
	PAYX	C	0.11%	0.33%	0.11%
	PB	A	0.03%	0.06%	0.03%
	PCAR	B	0.22%	0.48%	0.22%
	PEG	A	0.17%	0.38%	0.17%
	PHM	D	0.1%	0.28%	0.1%
	PII	D	0.01%	0.12%	0.01%
	PINC	B	0.01%	0.1%	0.01%
	PKG	A	0.08%	0.32%	0.08%
	PNR	A	0.07%	0.14%	0.07%
	PNW	B	0.04%	0.24%	0.04%
	POST	C	0.02%	0.13%	0.02%
	PPC	C	0.01%	0.02%	0.01%
	PPG	F	0.11%	0.21%	0.11%
	PPL	B	0.1%	0.25%	0.1%
	PRGO	B	0.01%	0.09%	0.01%
	PRI	A	0.04%	0.22%	0.04%
	PSA	D	0.18%	0.64%	0.18%
	PSN	D	0.02%	0.15%	0.02%
	QRVO	F	0.02%	0.09%	0.02%
	R	B	0.03%	0.08%	0.03%
	REYN	D	0.01%	0.05%	0.01%
	RGLD	C	0.04%	0.16%	0.04%
	RHI	B	0.03%	0.28%	0.03%
	RL	B	0.03%	0.24%	0.03%
	RLI	B	0.03%	0.26%	0.03%
	RNR	C	0.05%	0.48%	0.05%
	ROK	B	0.12%	0.25%	0.12%
	RPM	A	0.05%	0.24%	0.05%
	RPRX	D	0.04%	0.36%	0.04%
	RS	B	0.07%	0.64%	0.07%
	RSG	A	0.17%	0.18%	0.17%
	RYN	D	0.02%	0.1%	0.02%
	SAIC	F	0.02%	0.23%	0.02%
	SAM	C	0.01%	0.04%	0.01%
	SBAC	D	0.09%	0.24%	0.09%
	SCI	B	0.05%	0.3%	0.05%
	SEB	F	0.0%	0.02%	0.0%
	SEE	C	0.01%	0.02%	0.01%
	SEIC	B	0.03%	0.3%	0.03%
	SIRI	C	0.02%	0.18%	0.02%
	SITE	D	0.02%	0.06%	0.02%
	SJM	D	0.04%	0.23%	0.04%
	SKX	D	0.03%	0.21%	0.03%
	SLGN	A	0.02%	0.1%	0.02%
	SN	D	0.02%	0.06%	0.02%
	SNA	A	0.07%	0.55%	0.07%
	SNDR	B	0.01%	0.05%	0.01%
	SNX	C	0.03%	0.12%	0.03%
	SOLV	C	0.04%	0.34%	0.04%
	SON	D	0.02%	0.14%	0.02%
	SRE	A	0.23%	0.37%	0.23%
	SSD	D	0.03%	0.16%	0.03%
	SSNC	B	0.06%	0.17%	0.06%
	ST	F	0.02%	0.02%	0.02%
	STAG	F	0.03%	0.08%	0.03%
	STE	F	0.08%	0.19%	0.08%
	STLD	B	0.08%	0.23%	0.08%
	SWKS	F	0.05%	0.49%	0.05%
	SYF	B	0.1%	0.15%	0.1%
	SYY	B	0.06%	0.23%	0.06%
	TAP	C	0.04%	0.25%	0.04%
	TDY	B	0.08%	0.09%	0.08%
	TECH	D	0.04%	0.1%	0.04%
	TFX	F	0.04%	0.11%	0.04%
	TGT	F	0.27%	0.47%	0.27%
	THG	A	0.02%	0.04%	0.02%
	TKR	D	0.02%	0.05%	0.02%
	TNL	A	0.01%	0.02%	0.01%
	TROW	B	0.1%	0.61%	0.1%
	TRV	B	0.23%	0.36%	0.23%
	TSN	B	0.07%	0.15%	0.07%
	TTC	D	0.03%	0.13%	0.03%
	TTEK	F	0.03%	0.07%	0.03%
	TW	A	0.04%	0.16%	0.04%
	TXT	D	0.06%	0.19%	0.06%
	UA	C	0.01%	0.01%	0.01%
	UAA	C	0.01%	0.01%	0.01%
	UDR	B	0.06%	0.18%	0.06%
	UGI	A	0.02%	0.09%	0.02%
	UHAL	D	0.0%	0.08%	0.0%
	UHAL	D	0.01%	0.08%	0.01%
	UHAL	D	0.01%	0.01%	0.01%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.05%	0.18%	0.05%
	UTHR	C	0.06%	0.61%	0.06%
	VFC	C	0.03%	0.17%	0.03%
	VICI	C	0.13%	0.27%	0.13%
	VIRT	B	0.01%	0.03%	0.01%
	VMC	B	0.11%	0.14%	0.11%
	VMI	B	0.03%	0.13%	0.03%
	VNT	B	0.02%	0.1%	0.02%
	VOYA	B	0.03%	0.07%	0.03%
	VRSN	F	0.06%	0.58%	0.06%
	VSTS	C	0.01%	0.06%	0.01%
	VTRS	A	0.06%	0.29%	0.06%
	WBA	F	0.02%	0.05%	0.02%
	WEC	A	0.12%	0.35%	0.12%
	WH	B	0.03%	0.05%	0.03%
	WHR	B	0.02%	0.15%	0.02%
	WLK	D	0.02%	0.03%	0.02%
	WPC	D	0.05%	0.2%	0.05%
	WRB	A	0.07%	0.38%	0.07%
	WSC	D	0.02%	0.04%	0.02%
	WSO	A	0.07%	0.24%	0.07%
	WST	C	0.04%	0.29%	0.04%
	WTRG	B	0.04%	0.13%	0.04%
	WTW	B	0.12%	0.27%	0.12%
	WU	D	0.01%	0.13%	0.01%
	WWD	B	0.04%	0.04%	0.04%
	WY	D	0.09%	0.2%	0.09%
	XEL	A	0.15%	0.53%	0.15%
	XRAY	F	0.01%	0.06%	0.01%
	YUM	B	0.09%	0.33%	0.09%
	ZBH	C	0.09%	0.23%	0.09%

IWD Overweight 473 Positions Relative to ONEV

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	JPM	A	2.74%
	XOM	B	2.08%
	UNH	C	1.98%
	JNJ	D	1.45%
	WMT	A	1.42%
	BAC	A	1.23%
	PG	A	1.21%
	CVX	A	1.08%
	WFC	A	1.01%
	CSCO	B	0.91%
	ACN	C	0.86%
	LIN	D	0.84%
	DIS	B	0.82%
	PM	B	0.78%
	ABT	B	0.78%
	MCD	D	0.77%
	TMO	F	0.76%
	IBM	C	0.73%
	VZ	C	0.68%
	ABBV	D	0.65%
	CMCSA	B	0.64%
	TXN	C	0.63%
	CAT	B	0.63%
	T	A	0.63%
	NEE	D	0.61%
	SPGI	C	0.61%
	RTX	C	0.61%
	LOW	D	0.6%
	BLK	C	0.6%
	GE	D	0.59%
	DHR	F	0.58%
	MS	A	0.57%
	ETN	A	0.56%
	PFE	D	0.55%
	GS	A	0.53%
	COP	C	0.51%
	C	A	0.51%
	BSX	B	0.5%
	HON	B	0.49%
	CB	C	0.45%
	MDT	D	0.44%
	TMUS	B	0.44%
	SCHW	B	0.42%
	PLD	D	0.41%
	MU	D	0.41%
	ADI	D	0.4%
	KO	D	0.4%
	INTC	D	0.4%
	SYK	C	0.39%
	DE	A	0.39%
	AXP	A	0.39%
	UPS	C	0.38%
	MMC	B	0.37%
	SO	D	0.37%
	PH	A	0.35%
	GEV	B	0.35%
	MDLZ	F	0.34%
	DUK	C	0.34%
	PYPL	B	0.34%
	ICE	C	0.34%
	CME	A	0.32%
	CI	F	0.32%
	HD	A	0.32%
	WELL	A	0.32%
	FI	A	0.32%
	PNC	B	0.32%
	GD	F	0.31%
	EQIX	A	0.31%
	BA	F	0.31%
	EOG	A	0.3%
	LMT	D	0.3%
	USB	A	0.3%
	ELV	F	0.3%
	AMD	F	0.29%
	UNP	C	0.29%
	KKR	A	0.28%
	REGN	F	0.28%
	EMR	A	0.28%
	WMB	A	0.27%
	MRVL	B	0.27%
	COF	B	0.27%
	APD	A	0.27%
	CRH	A	0.26%
	GM	B	0.25%
	MAR	B	0.25%
	OKE	A	0.25%
	BDX	F	0.25%
	TT	A	0.24%
	FCX	D	0.24%
	SLB	C	0.24%
	TFC	A	0.24%
	AFL	B	0.24%
	CARR	D	0.24%
	DLR	B	0.23%
	MMM	D	0.23%
	ROP	B	0.23%
	NSC	B	0.23%
	AJG	B	0.23%
	CEG	D	0.23%
	VRTX	F	0.23%
	MPC	D	0.22%
	TJX	A	0.22%
	JCI	C	0.22%
	BK	A	0.22%
	KMI	A	0.21%
	TDG	D	0.21%
	PSX	C	0.21%
	HCA	F	0.19%
	MET	A	0.19%
	AIG	B	0.19%
	O	D	0.19%
	FIS	C	0.19%
	MSTR	C	0.19%
	CCI	D	0.18%
	PRU	A	0.18%
	PEP	F	0.18%
	CRM	B	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%
	ALL	A	0.17%
	DFS	B	0.17%
	VLO	C	0.17%
	PCG	A	0.17%
	LEN	D	0.16%
	IR	B	0.16%
	DAL	C	0.16%
	URI	B	0.16%
	MSI	B	0.16%
	FERG	B	0.15%
	STZ	D	0.15%
	APH	A	0.14%
	NKE	D	0.14%
	KDP	D	0.14%
	MTB	A	0.14%
	ROST	C	0.14%
	GLW	B	0.14%
	RCL	A	0.14%
	PWR	A	0.13%
	EW	C	0.13%
	OXY	D	0.13%
	MCHP	D	0.13%
	FANG	D	0.13%
	AMGN	D	0.13%
	MLM	B	0.13%
	WAB	B	0.13%
	DD	D	0.13%
	EXR	D	0.13%
	GPN	B	0.12%
	HLT	A	0.12%
	UAL	A	0.12%
	DELL	C	0.12%
	RJF	A	0.12%
	TTWO	A	0.12%
	IQV	D	0.12%
	DOW	F	0.12%
	FITB	A	0.12%
	SQ	B	0.11%
	HPQ	B	0.11%
	ON	D	0.11%
	STT	A	0.11%
	CSGP	D	0.11%
	XYL	D	0.11%
	RMD	C	0.1%
	SBUX	A	0.1%
	HBAN	A	0.1%
	VTR	C	0.1%
	HAL	C	0.1%
	SW	A	0.1%
	IFF	D	0.09%
	WBD	C	0.09%
	BIIB	F	0.09%
	PGR	A	0.09%
	EQT	B	0.09%
	LNG	B	0.09%
	DVN	F	0.09%
	RF	A	0.09%
	CCL	B	0.09%
	EFX	F	0.09%
	COO	D	0.08%
	PFG	D	0.08%
	FSLR	F	0.08%
	WDC	D	0.08%
	INVH	D	0.08%
	CFG	B	0.08%
	ZM	B	0.08%
	NTRS	A	0.08%
	HOOD	B	0.08%
	ILMN	D	0.08%
	LYB	F	0.08%
	EXE	B	0.08%
	APO	B	0.08%
	CVNA	B	0.07%
	TRMB	B	0.07%
	TRU	D	0.07%
	KEY	B	0.07%
	ARE	D	0.07%
	BLDR	D	0.07%
	EWBC	A	0.06%
	HES	B	0.06%
	APTV	D	0.06%
	IRM	D	0.06%
	DOC	D	0.06%
	THC	D	0.06%
	USFD	A	0.06%
	RGA	A	0.06%
	SUI	D	0.06%
	ZBRA	B	0.06%
	TOL	B	0.06%
	FNF	B	0.06%
	MRO	B	0.06%
	KIM	A	0.06%
	Z	A	0.05%
	SOFI	A	0.05%
	CDW	F	0.05%
	MRNA	F	0.05%
	BMRN	D	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	BXP	D	0.05%
	EPAM	C	0.05%
	COHR	B	0.05%
	CLH	B	0.05%
	GLPI	C	0.05%
	UNM	A	0.05%
	TPR	B	0.05%
	AFRM	B	0.05%
	SWK	D	0.05%
	TWLO	A	0.05%
	RVTY	F	0.05%
	REG	B	0.05%
	VLTO	D	0.05%
	ZTS	D	0.05%
	AVTR	F	0.05%
	GMED	A	0.04%
	REXR	F	0.04%
	CMA	A	0.04%
	JEF	A	0.04%
	DRI	B	0.04%
	PNFP	B	0.04%
	EL	F	0.04%
	FRT	B	0.04%
	COIN	C	0.04%
	WAL	B	0.04%
	ARMK	B	0.04%
	NLY	C	0.04%
	OHI	C	0.04%
	GME	C	0.04%
	LAD	A	0.04%
	DKS	C	0.04%
	DAY	B	0.04%
	BLD	D	0.04%
	WBS	A	0.04%
	BKNG	A	0.04%
	CTLT	B	0.04%
	FWONK	B	0.04%
	FTNT	C	0.04%
	PFGC	B	0.04%
	QCOM	F	0.04%
	CG	A	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	AMAT	F	0.04%
	KMX	B	0.04%
	SF	B	0.04%
	OVV	B	0.04%
	COLB	A	0.03%
	IVZ	B	0.03%
	BILL	A	0.03%
	OKTA	C	0.03%
	AZPN	A	0.03%
	WEX	D	0.03%
	HR	C	0.03%
	MKSI	C	0.03%
	WSM	B	0.03%
	DAR	C	0.03%
	FND	C	0.03%
	MTSI	B	0.03%
	ATI	D	0.03%
	ALGN	D	0.03%
	ELAN	D	0.03%
	BBWI	D	0.03%
	AGNC	D	0.03%
	VNO	B	0.03%
	KBR	F	0.03%
	CART	C	0.03%
	MHK	D	0.03%
	LW	C	0.03%
	ROKU	D	0.03%
	DASH	A	0.03%
	PR	B	0.03%
	SHW	A	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	CZR	F	0.03%
	SNV	B	0.03%
	X	C	0.03%
	ECL	D	0.03%
	TKO	B	0.03%
	APG	B	0.03%
	CFR	B	0.03%
	APA	D	0.03%
	WAT	B	0.03%
	RIVN	F	0.03%
	FICO	B	0.03%
	MTZ	B	0.03%
	JLL	D	0.03%
	MOS	F	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%
	AAL	B	0.03%
	MGM	D	0.03%
	ADP	B	0.03%
	AR	B	0.03%
	RBC	A	0.03%
	WCC	B	0.03%
	PTC	A	0.03%
	LINE	F	0.02%
	TPG	A	0.02%
	PAYC	B	0.02%
	GFS	C	0.02%
	M	D	0.02%
	AN	C	0.02%
	KMPR	B	0.02%
	GAP	C	0.02%
	CUZ	B	0.02%
	FRPT	B	0.02%
	AVT	C	0.02%
	CROX	D	0.02%
	ROIV	C	0.02%
	OLN	D	0.02%
	WTM	A	0.02%
	HXL	D	0.02%
	AMP	A	0.02%
	BYD	C	0.02%
	AL	B	0.02%
	SLM	A	0.02%
	CCCS	B	0.02%
	LITE	B	0.02%
	EXAS	D	0.02%
	GNRC	B	0.02%
	RITM	C	0.02%
	THO	B	0.02%
	DOCS	C	0.02%
	PVH	C	0.02%
	H	B	0.02%
	WMS	D	0.02%
	SAIA	B	0.02%
	ONTO	D	0.02%
	LNC	B	0.02%
	FNB	A	0.02%
	RGEN	D	0.02%
	S	B	0.02%
	STWD	C	0.02%
	BIO	D	0.02%
	MTDR	B	0.02%
	BPOP	B	0.02%
	OMF	A	0.02%
	COLD	D	0.02%
	NOV	C	0.02%
	KD	B	0.02%
	PARA	C	0.02%
	LLYVA	A	0.01%
	DDS	B	0.01%
	TRIP	F	0.01%
	TER	D	0.01%
	WEN	D	0.01%
	QS	F	0.01%
	CLVT	F	0.01%
	BIRK	D	0.01%
	ALAB	B	0.01%
	LEN	D	0.01%
	CNXC	F	0.01%
	PSTG	D	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%
	LBTYA	B	0.01%
	LYFT	C	0.01%
	GLOB	B	0.01%
	SHC	F	0.01%
	ADT	C	0.01%
	LPX	B	0.01%
	RCM	F	0.01%
	AZTA	D	0.01%
	YETI	C	0.01%
	JWN	C	0.01%
	HAYW	B	0.01%
	ULTA	F	0.01%
	ALGM	D	0.01%
	SPB	C	0.01%
	MP	B	0.01%
	CPRI	F	0.01%
	HHH	B	0.01%
	ENOV	C	0.01%
	MPW	F	0.01%
	BOKF	B	0.01%
	CC	C	0.01%
	COTY	F	0.01%
	AMKR	D	0.01%
	ECG	C	0.01%
	U	C	0.01%
	SNRE	D	0.01%
	LLYVK	A	0.01%
	PK	B	0.01%
	BROS	B	0.01%
	SPR	D	0.01%
	PENN	C	0.01%
	AMTM	D	0.01%
	SMG	D	0.01%
	BHF	B	0.01%
	VAC	B	0.01%
	ZI	D	0.01%
	AM	A	0.01%
	EPR	D	0.01%
	MASI	A	0.01%
	ZG	A	0.01%
	ALNY	D	0.01%
	CPRT	A	0.01%
	ACHC	F	0.01%
	CLF	F	0.01%
	IAC	D	0.01%
	W	F	0.01%
	VNOM	A	0.01%
	CIVI	D	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%
	LOAR	A	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	C	0.0%
	TXG	F	0.0%
	PLTK	B	0.0%
	DJT	C	0.0%
	UI	A	0.0%
	TFSL	A	0.0%
	PATH	C	0.0%
	WOLF	F	0.0%
	LSCC	D	0.0%
	HCP	B	0.0%
	CAR	C	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%
	NCNO	B	0.0%

IWD Underweight 23 Positions Relative to ONEV

	Symbol	Grade	Weight
	COR	B	-0.67%
	TSCO	D	-0.49%
	POOL	C	-0.37%
	GDDY	A	-0.32%
	CLX	B	-0.3%
	MUSA	A	-0.27%
	VRSK	A	-0.26%
	VST	B	-0.24%
	CPAY	A	-0.24%
	BAH	F	-0.22%
	ROL	B	-0.21%
	DVA	B	-0.2%
	ODFL	B	-0.18%
	VVV	F	-0.18%
	LII	A	-0.17%
	KNSL	B	-0.17%
	LPLA	A	-0.17%
	QGEN	D	-0.15%
	AAON	B	-0.12%
	FIX	A	-0.12%
	TXRH	C	-0.12%
	NBIX	C	-0.11%
	MORN	B	-0.06%

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

ONEV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Packaged Foods Business Services Packaging & Containers Insurance - Property & Casualty Specialty Retail Capital Markets Biotechnology REIT - Residential Building Materials Diagnostics & Research Medical Instruments & Supplies Scientific & Technical Instruments Utilities - Diversified Apparel Manufacturing Asset Management Household & Personal Products REIT - Industrial Specialty Chemicals

Keywords: S&P 500 Electricity Insurance Electronics Nasdaq 100 Natural Gas Chemical Aerospace Mining Real Estate Investment Trust Beverage Telecommunications Insurance Products Plastic Transport Adhesives Biotechnology Metals Plumbing Banking