IWD vs. ROUS ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Lattice U.S. Equity Strategy ETF (ROUS)

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

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.83

Average Daily Volume

59,393

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	IWD	ROUS
30 Days	3.53%	4.24%
60 Days	4.90%	4.66%
90 Days	6.95%	6.25%
12 Months	29.54%	30.06%

271 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in ROUS	Overlap
ABBV	D	0.65%	0.85%	0.65%
ABT	B	0.78%	0.14%	0.14%
ACGL	D	0.14%	0.24%	0.14%
ACI	C	0.03%	0.41%	0.03%
ACN	C	0.86%	0.44%	0.44%
ADC	B	0.03%	0.17%	0.03%
ADI	D	0.4%	0.09%	0.09%
ADM	D	0.1%	0.03%	0.03%
AEE	A	0.09%	0.13%	0.09%
AEP	D	0.2%	0.22%	0.2%
AFL	B	0.24%	0.32%	0.24%
AIG	B	0.19%	0.02%	0.02%
AIZ	A	0.04%	0.09%	0.04%
AKAM	D	0.05%	0.04%	0.04%
ALL	A	0.17%	0.14%	0.14%
ALSN	B	0.04%	0.49%	0.04%
AMAT	F	0.04%	0.29%	0.04%
AMCR	D	0.06%	0.1%	0.06%
AMGN	D	0.13%	0.36%	0.13%
AN	C	0.02%	0.22%	0.02%
AOS	F	0.03%	0.01%	0.01%
APH	A	0.14%	0.58%	0.14%
ARW	D	0.02%	0.19%	0.02%
ATR	B	0.04%	0.08%	0.04%
AVB	B	0.13%	0.12%	0.12%
AVT	C	0.02%	0.69%	0.02%
AVY	D	0.04%	0.01%	0.01%
AWI	A	0.02%	0.05%	0.02%
AXS	A	0.03%	0.37%	0.03%
AYI	B	0.04%	0.22%	0.04%
AZO	C	0.02%	0.32%	0.02%
BAC	A	1.23%	0.11%	0.11%
BBY	D	0.08%	0.35%	0.08%
BJ	A	0.04%	0.09%	0.04%
BK	A	0.22%	0.48%	0.22%
BKNG	A	0.04%	0.23%	0.04%
BLDR	D	0.07%	0.12%	0.07%
BMY	B	0.44%	0.32%	0.32%
BPOP	B	0.02%	0.14%	0.02%
BR	A	0.01%	0.05%	0.01%
BRK.A	B	3.35%	0.72%	0.72%
BSX	B	0.5%	0.14%	0.14%
C	A	0.51%	0.34%	0.34%
CACI	D	0.04%	0.24%	0.04%
CAH	B	0.05%	0.17%	0.05%
CASY	A	0.05%	0.26%	0.05%
CAT	B	0.63%	0.19%	0.19%
CB	C	0.45%	0.33%	0.33%
CBOE	B	0.08%	0.09%	0.08%
CCI	D	0.18%	0.04%	0.04%
CDW	F	0.05%	0.33%	0.05%
CF	B	0.06%	0.03%	0.03%
CHE	D	0.03%	0.13%	0.03%
CHRD	D	0.03%	0.09%	0.03%
CHRW	C	0.05%	0.38%	0.05%
CHTR	C	0.14%	0.02%	0.02%
CI	F	0.32%	0.24%	0.24%
CIEN	B	0.04%	0.02%	0.02%
CINF	A	0.09%	0.5%	0.09%
CL	D	0.13%	0.43%	0.13%
CMCSA	B	0.64%	0.37%	0.37%
CMI	A	0.19%	0.48%	0.19%
CNC	D	0.12%	0.1%	0.1%
COF	B	0.27%	0.04%	0.04%
COKE	C	0.03%	0.13%	0.03%
COP	C	0.51%	0.08%	0.08%
CRUS	D	0.02%	0.32%	0.02%
CSCO	B	0.91%	0.83%	0.83%
CTAS	B	0.01%	0.43%	0.01%
CTSH	B	0.15%	0.75%	0.15%
CVS	D	0.26%	0.44%	0.26%
CVX	A	1.08%	0.21%	0.21%
D	C	0.19%	0.04%	0.04%
DBX	B	0.02%	0.43%	0.02%
DCI	B	0.04%	0.24%	0.04%
DELL	C	0.12%	0.88%	0.12%
DGX	A	0.07%	0.27%	0.07%
DHI	D	0.19%	0.19%	0.19%
DKS	C	0.04%	0.21%	0.04%
DLB	B	0.02%	0.25%	0.02%
DOV	A	0.11%	0.13%	0.11%
DTE	C	0.1%	0.23%	0.1%
DUK	C	0.34%	0.29%	0.29%
DVN	F	0.09%	0.1%	0.09%
EA	A	0.17%	0.77%	0.17%
EBAY	D	0.12%	0.33%	0.12%
ECL	D	0.03%	0.18%	0.03%
ED	D	0.13%	0.23%	0.13%
EG	C	0.05%	0.26%	0.05%
EHC	B	0.04%	0.02%	0.02%
EIX	B	0.12%	0.12%	0.12%
ELV	F	0.3%	0.42%	0.3%
EME	C	0.05%	0.39%	0.05%
EOG	A	0.3%	0.63%	0.3%
EQR	B	0.11%	0.12%	0.11%
ETR	B	0.12%	0.37%	0.12%
EXC	C	0.15%	0.08%	0.08%
EXEL	B	0.01%	0.29%	0.01%
FANG	D	0.13%	0.12%	0.12%
FAST	B	0.03%	0.49%	0.03%
FCN	D	0.03%	0.14%	0.03%
FDX	B	0.26%	0.36%	0.26%
FE	C	0.09%	0.17%	0.09%
FFIV	B	0.05%	0.42%	0.05%
FHN	A	0.04%	0.02%	0.02%
FICO	B	0.03%	0.67%	0.03%
FITB	A	0.12%	0.17%	0.12%
FLO	D	0.02%	0.19%	0.02%
FOXA	B	0.04%	0.58%	0.04%
FTNT	C	0.04%	0.07%	0.04%
GD	F	0.31%	0.07%	0.07%
GEN	B	0.06%	0.21%	0.06%
GILD	C	0.43%	0.7%	0.43%
GIS	D	0.14%	0.14%	0.14%
GLPI	C	0.05%	0.08%	0.05%
GLW	B	0.14%	0.54%	0.14%
GPC	D	0.07%	0.33%	0.07%
GPK	C	0.03%	0.23%	0.03%
GRMN	B	0.13%	0.3%	0.13%
GWRE	A	0.03%	0.07%	0.03%
GWW	B	0.03%	0.58%	0.03%
HBAN	A	0.1%	0.23%	0.1%
HCA	F	0.19%	0.2%	0.19%
HD	A	0.32%	0.81%	0.32%
HON	B	0.49%	0.05%	0.05%
HPE	B	0.11%	0.86%	0.11%
HPQ	B	0.11%	1.07%	0.11%
HRB	D	0.03%	0.49%	0.03%
HSY	F	0.08%	0.27%	0.08%
HUBB	B	0.09%	0.09%	0.09%
HUM	C	0.13%	0.53%	0.13%
IBM	C	0.73%	0.83%	0.73%
INCY	C	0.04%	0.44%	0.04%
INGR	B	0.04%	0.08%	0.04%
IP	B	0.08%	0.04%	0.04%
IRM	D	0.06%	0.18%	0.06%
ITW	B	0.2%	0.26%	0.2%
JBL	B	0.05%	0.16%	0.05%
JCI	C	0.22%	0.03%	0.03%
JHG	A	0.02%	0.08%	0.02%
JNJ	D	1.45%	1.08%	1.08%
JNPR	F	0.05%	0.4%	0.05%
JPM	A	2.74%	0.81%	0.81%
KD	B	0.02%	0.22%	0.02%
KEYS	A	0.1%	0.25%	0.1%
KMB	D	0.1%	0.38%	0.1%
KO	D	0.4%	0.09%	0.09%
KR	B	0.15%	0.84%	0.15%
L	A	0.06%	0.1%	0.06%
LAMR	D	0.03%	0.13%	0.03%
LDOS	C	0.08%	0.11%	0.08%
LFUS	F	0.02%	0.04%	0.02%
LIN	D	0.84%	0.02%	0.02%
LMT	D	0.3%	0.38%	0.3%
LNC	B	0.02%	0.06%	0.02%
LNG	B	0.09%	0.33%	0.09%
LOPE	B	0.01%	0.25%	0.01%
LOW	D	0.6%	0.31%	0.31%
LSTR	D	0.03%	0.23%	0.03%
LYB	F	0.08%	0.17%	0.08%
MAS	D	0.07%	0.26%	0.07%
MCD	D	0.77%	0.14%	0.14%
MCHP	D	0.13%	0.21%	0.13%
MCK	B	0.17%	0.54%	0.17%
MDT	D	0.44%	0.17%	0.17%
MKL	A	0.07%	0.33%	0.07%
MMM	D	0.23%	0.15%	0.15%
MO	A	0.37%	0.6%	0.37%
MPC	D	0.22%	0.26%	0.22%
MSA	D	0.02%	0.02%	0.02%
MSI	B	0.16%	0.82%	0.16%
MTB	A	0.14%	0.62%	0.14%
MTD	D	0.1%	0.11%	0.1%
MTG	C	0.03%	0.14%	0.03%
NEE	D	0.61%	0.09%	0.09%
NFG	A	0.02%	0.24%	0.02%
NNN	D	0.03%	0.07%	0.03%
NOC	D	0.27%	0.08%	0.08%
NRG	B	0.04%	0.51%	0.04%
NTAP	C	0.05%	1.0%	0.05%
NVR	D	0.1%	0.24%	0.1%
NWSA	B	0.04%	0.03%	0.03%
NXST	C	0.01%	0.04%	0.01%
NYT	C	0.03%	0.35%	0.03%
O	D	0.19%	0.14%	0.14%
OC	A	0.07%	0.2%	0.07%
OGE	B	0.03%	0.08%	0.03%
OGN	D	0.02%	0.2%	0.02%
OHI	C	0.04%	0.02%	0.02%
OMC	C	0.07%	0.15%	0.07%
ORI	A	0.04%	0.31%	0.04%
ORLY	B	0.02%	0.37%	0.02%
OTIS	C	0.16%	0.28%	0.16%
PAYX	C	0.11%	0.02%	0.02%
PCAR	B	0.22%	0.31%	0.22%
PEG	A	0.17%	0.24%	0.17%
PEP	F	0.18%	0.28%	0.18%
PG	A	1.21%	0.64%	0.64%
PGR	A	0.09%	0.23%	0.09%
PHM	D	0.1%	0.29%	0.1%
PKG	A	0.08%	0.23%	0.08%
PM	B	0.78%	0.34%	0.34%
PNC	B	0.32%	0.21%	0.21%
PPG	F	0.11%	0.16%	0.11%
PPL	B	0.1%	0.19%	0.1%
PRU	A	0.18%	0.25%	0.18%
PSA	D	0.18%	0.07%	0.07%
PSTG	D	0.01%	0.12%	0.01%
PSX	C	0.21%	0.02%	0.02%
PTC	A	0.03%	0.06%	0.03%
QCOM	F	0.04%	0.52%	0.04%
R	B	0.03%	0.23%	0.03%
REGN	F	0.28%	0.17%	0.17%
RF	A	0.09%	0.27%	0.09%
RGA	A	0.06%	0.14%	0.06%
RHI	B	0.03%	0.29%	0.03%
RL	B	0.03%	0.14%	0.03%
RMD	C	0.1%	0.3%	0.1%
RNR	C	0.05%	0.16%	0.05%
ROP	B	0.23%	0.2%	0.2%
RPM	A	0.05%	0.44%	0.05%
RS	B	0.07%	0.39%	0.07%
RSG	A	0.17%	0.2%	0.17%
SEE	C	0.01%	0.02%	0.01%
SHW	A	0.03%	0.51%	0.03%
SKX	D	0.03%	0.16%	0.03%
SLGN	A	0.02%	0.02%	0.02%
SNA	A	0.07%	0.25%	0.07%
SNX	C	0.03%	0.25%	0.03%
SO	D	0.37%	0.26%	0.26%
SON	D	0.02%	0.2%	0.02%
SPG	B	0.17%	0.07%	0.07%
SRE	A	0.23%	0.07%	0.07%
STLD	B	0.08%	0.3%	0.08%
STT	A	0.11%	0.25%	0.11%
SW	A	0.1%	0.38%	0.1%
SWKS	F	0.05%	0.15%	0.05%
SYF	B	0.1%	0.31%	0.1%
SYK	C	0.39%	0.02%	0.02%
SYY	B	0.06%	0.26%	0.06%
T	A	0.63%	0.89%	0.63%
TER	D	0.01%	0.33%	0.01%
TGT	F	0.27%	0.11%	0.11%
TJX	A	0.22%	0.28%	0.22%
TMUS	B	0.44%	0.76%	0.44%
TRV	B	0.23%	0.39%	0.23%
TT	A	0.24%	0.23%	0.23%
TXN	C	0.63%	0.65%	0.63%
UNH	C	1.98%	1.02%	1.02%
UNM	A	0.05%	0.41%	0.05%
USB	A	0.3%	0.13%	0.13%
UTHR	C	0.06%	0.42%	0.06%
VICI	C	0.13%	0.31%	0.13%
VLO	C	0.17%	0.47%	0.17%
VMI	B	0.03%	0.1%	0.03%
VNT	B	0.02%	0.36%	0.02%
VRSN	F	0.06%	0.36%	0.06%
VRTX	F	0.23%	0.36%	0.23%
VTR	C	0.1%	0.02%	0.02%
VZ	C	0.68%	0.84%	0.68%
WEC	A	0.12%	0.13%	0.12%
WELL	A	0.32%	0.09%	0.09%
WFC	A	1.01%	0.22%	0.22%
WMT	A	1.42%	1.09%	1.09%
WPC	D	0.05%	0.01%	0.01%
WSM	B	0.03%	0.22%	0.03%
WSO	A	0.07%	0.19%	0.07%
WTM	A	0.02%	0.29%	0.02%
XEL	A	0.15%	0.27%	0.15%
XOM	B	2.08%	0.82%	0.82%
YUM	B	0.09%	0.3%	0.09%

IWD Overweight 594 Positions Relative to ROUS

Symbol	Grade	Weight
DIS	B	0.82%
TMO	F	0.76%
SPGI	C	0.61%
RTX	C	0.61%
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%
SCHW	B	0.42%
PLD	D	0.41%
MU	D	0.41%
INTC	D	0.4%
DE	A	0.39%
AXP	A	0.39%
UPS	C	0.38%
MMC	B	0.37%
PH	A	0.35%
GEV	B	0.35%
MDLZ	F	0.34%
PYPL	B	0.34%
ICE	C	0.34%
CME	A	0.32%
FI	A	0.32%
EQIX	A	0.31%
BA	F	0.31%
AMD	F	0.29%
AON	A	0.29%
UNP	C	0.29%
KKR	A	0.28%
EMR	A	0.28%
CSX	B	0.27%
WMB	A	0.27%
MRVL	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%
FCX	D	0.24%
SLB	C	0.24%
TFC	A	0.24%
CARR	D	0.24%
DLR	B	0.23%
NSC	B	0.23%
AJG	B	0.23%
CEG	D	0.23%
KMI	A	0.21%
TDG	D	0.21%
MET	A	0.19%
FIS	C	0.19%
MSTR	C	0.19%
KVUE	A	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%
DFS	B	0.17%
AME	A	0.17%
PCG	A	0.17%
CBRE	B	0.16%
LEN	D	0.16%
IR	B	0.16%
DAL	C	0.16%
URI	B	0.16%
A	D	0.15%
FERG	B	0.15%
STZ	D	0.15%
CTVA	C	0.15%
NKE	D	0.14%
NUE	C	0.14%
KDP	D	0.14%
ROST	C	0.14%
RCL	A	0.14%
NDAQ	A	0.13%
PWR	A	0.13%
EW	C	0.13%
OXY	D	0.13%
GEHC	F	0.13%
MLM	B	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%
RJF	A	0.12%
TTWO	A	0.12%
IQV	D	0.12%
DOW	F	0.12%
WTW	B	0.12%
SQ	B	0.11%
VMC	B	0.11%
KHC	F	0.11%
ON	D	0.11%
CSGP	D	0.11%
ANSS	B	0.11%
XYL	D	0.11%
SBUX	A	0.1%
TROW	B	0.1%
HAL	C	0.1%
AWK	D	0.1%
FTV	C	0.1%
FCNCA	A	0.1%
CHD	B	0.1%
IFF	D	0.09%
WBD	C	0.09%
WY	D	0.09%
ZBH	C	0.09%
BIIB	F	0.09%
EQT	B	0.09%
SBAC	D	0.09%
CCL	B	0.09%
EFX	F	0.09%
COO	D	0.08%
LUV	C	0.08%
CNP	B	0.08%
LH	C	0.08%
PFG	D	0.08%
FSLR	F	0.08%
CMS	C	0.08%
WDC	D	0.08%
INVH	D	0.08%
CFG	B	0.08%
K	A	0.08%
ZM	B	0.08%
NTRS	A	0.08%
HOOD	B	0.08%
ILMN	D	0.08%
EXE	B	0.08%
APO	B	0.08%
STE	F	0.08%
ES	D	0.08%
TDY	B	0.08%
ATO	A	0.08%
CVNA	B	0.07%
TRMB	B	0.07%
IEX	B	0.07%
PNR	A	0.07%
J	F	0.07%
TRU	D	0.07%
CSL	C	0.07%
KEY	B	0.07%
WRB	A	0.07%
HOLX	D	0.07%
TSN	B	0.07%
ARE	D	0.07%
MAA	B	0.07%
MKC	D	0.07%
BALL	D	0.07%
CTRA	B	0.07%
IBKR	A	0.07%
MSCI	C	0.07%
ESS	B	0.07%
EVRG	A	0.06%
EXPD	D	0.06%
EWBC	A	0.06%
HES	B	0.06%
APTV	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%
USFD	A	0.06%
JBHT	C	0.06%
GGG	B	0.06%
VTRS	A	0.06%
SUI	D	0.06%
ZBRA	B	0.06%
TOL	B	0.06%
LNT	A	0.06%
SSNC	B	0.06%
FNF	B	0.06%
TXT	D	0.06%
MRO	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%
FDS	B	0.05%
EMN	D	0.05%
MRNA	F	0.05%
BMRN	D	0.05%
SCI	B	0.05%
NVT	B	0.05%
HST	C	0.05%
NTNX	A	0.05%
FTI	A	0.05%
ALLE	D	0.05%
ALB	C	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%
DLTR	F	0.05%
ELS	C	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%
CW	B	0.05%
VLTO	D	0.05%
ZTS	D	0.05%
AVTR	F	0.05%
TW	A	0.04%
WST	C	0.04%
GMED	A	0.04%
TFX	F	0.04%
REXR	F	0.04%
CMA	A	0.04%
BWXT	B	0.04%
FBIN	D	0.04%
RGLD	C	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%
DOX	D	0.04%
DPZ	C	0.04%
GL	B	0.04%
DTM	B	0.04%
WAL	B	0.04%
WTRG	B	0.04%
ARMK	B	0.04%
AES	F	0.04%
NLY	C	0.04%
AFG	A	0.04%
GME	C	0.04%
LAD	A	0.04%
RPRX	D	0.04%
DAY	B	0.04%
LKQ	D	0.04%
BLD	D	0.04%
WWD	B	0.04%
IPG	D	0.04%
WBS	A	0.04%
PRI	A	0.04%
TECH	D	0.04%
PNW	B	0.04%
CCK	C	0.04%
EVR	B	0.04%
CTLT	B	0.04%
CUBE	D	0.04%
FWONK	B	0.04%
PFGC	B	0.04%
TAP	C	0.04%
SJM	D	0.04%
CG	A	0.04%
AA	B	0.04%
RRX	B	0.04%
KMX	B	0.04%
SF	B	0.04%
OVV	B	0.04%
COLB	A	0.03%
CGNX	C	0.03%
FAF	A	0.03%
IVZ	B	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%
MKSI	C	0.03%
FMC	D	0.03%
ALK	C	0.03%
WH	B	0.03%
DAR	C	0.03%
FND	C	0.03%
MTSI	B	0.03%
GXO	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%
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%
MHK	D	0.03%
LBRDK	C	0.03%
LW	C	0.03%
PB	A	0.03%
ROKU	D	0.03%
DASH	A	0.03%
MNST	C	0.03%
JAZZ	B	0.03%
KEX	C	0.03%
HII	D	0.03%
PR	B	0.03%
BERY	B	0.03%
FLS	B	0.03%
BWA	D	0.03%
G	B	0.03%
MTCH	D	0.03%
RRC	B	0.03%
CZR	F	0.03%
SNV	B	0.03%
X	C	0.03%
TKO	B	0.03%
SEIC	B	0.03%
APG	B	0.03%
CFR	B	0.03%
APA	D	0.03%
LECO	B	0.03%
WAT	B	0.03%
RIVN	F	0.03%
VOYA	B	0.03%
CPB	D	0.03%
EGP	F	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%
HRL	D	0.03%
FYBR	D	0.03%
WTFC	A	0.03%
WYNN	D	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%
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%
LINE	F	0.02%
SITE	D	0.02%
HOG	D	0.02%
TPG	A	0.02%
GTES	A	0.02%
PAYC	B	0.02%
GFS	C	0.02%
M	D	0.02%
WLK	D	0.02%
KMPR	B	0.02%
GAP	C	0.02%
RYN	D	0.02%
PSN	D	0.02%
WSC	D	0.02%
EEFT	B	0.02%
KRC	C	0.02%
CUZ	B	0.02%
AGO	B	0.02%
ST	F	0.02%
FRPT	B	0.02%
CROX	D	0.02%
ROIV	C	0.02%
OLN	D	0.02%
TKR	D	0.02%
HXL	D	0.02%
AMP	A	0.02%
BYD	C	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%
LITE	B	0.02%
EXAS	D	0.02%
GNRC	B	0.02%
RITM	C	0.02%
BC	C	0.02%
THO	B	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%
SAIA	B	0.02%
THG	A	0.02%
AGCO	D	0.02%
AMG	B	0.02%
ONTO	D	0.02%
FNB	A	0.02%
IDA	A	0.02%
WHR	B	0.02%
RGEN	D	0.02%
CE	F	0.02%
S	B	0.02%
STWD	C	0.02%
WBA	F	0.02%
BEN	C	0.02%
BIO	D	0.02%
QRVO	F	0.02%
MTDR	B	0.02%
OMF	A	0.02%
SAIC	F	0.02%
COLD	D	0.02%
ESI	A	0.02%
NOV	C	0.02%
SIRI	C	0.02%
MOH	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%
GO	C	0.01%
UA	C	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%
VSTS	C	0.01%
CRI	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%
ULTA	F	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%
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%
IRDM	D	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%
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%
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%
IONS	F	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 74 Positions Relative to ROUS

Symbol	Grade	Weight
GOOGL	C	-1.26%
AAPL	C	-1.22%
MSFT	F	-1.14%
NVDA	C	-0.99%
MRK	F	-0.84%
META	D	-0.78%
CVLT	B	-0.78%
LLY	F	-0.75%
MUSA	A	-0.64%
ORCL	B	-0.64%
AVGO	D	-0.63%
IT	C	-0.56%
COST	B	-0.56%
GDDY	A	-0.52%
AMZN	C	-0.52%
V	A	-0.4%
MLI	C	-0.4%
MA	C	-0.39%
NXPI	D	-0.38%
SANM	B	-0.37%
NSIT	F	-0.32%
BMI	B	-0.32%
TSCO	D	-0.32%
ANET	C	-0.31%
WM	A	-0.31%
GPI	A	-0.29%
CDNS	B	-0.29%
KLAC	D	-0.28%
ALKS	B	-0.27%
COR	B	-0.27%
MANH	D	-0.24%
AIT	A	-0.23%
CRBG	B	-0.23%
SNPS	B	-0.19%
RDN	C	-0.19%
VRSK	A	-0.19%
DY	D	-0.18%
ASGN	F	-0.17%
LRCX	F	-0.17%
UFPI	B	-0.17%
BAH	F	-0.17%
STX	D	-0.16%
ADBE	C	-0.16%
VST	B	-0.16%
CBT	C	-0.16%
SFM	A	-0.14%
FLEX	A	-0.14%
ROL	B	-0.14%
CMC	B	-0.14%
PANW	C	-0.13%
POR	C	-0.12%
LII	A	-0.12%
INTU	C	-0.11%
UMBF	B	-0.1%
FSS	B	-0.1%
ACIW	B	-0.08%
MMS	F	-0.08%
APPF	B	-0.07%
KNF	A	-0.07%
CSWI	A	-0.06%
SPSC	C	-0.06%
ANF	C	-0.05%
MOG.A	B	-0.05%
NOW	A	-0.05%
ADSK	A	-0.05%
FELE	B	-0.04%
EPRT	B	-0.04%
BCO	D	-0.04%
ITCI	C	-0.04%
ITRI	B	-0.02%
AAON	B	-0.02%
MPWR	F	-0.01%
MTH	D	-0.01%
ONB	B	-0.01%