IWD vs. SNPV ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to Xtrackers S&P ESG Value ETF (SNPV)

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

SNPV

Xtrackers S&P ESG Value ETF

SNPV Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index. The underlying index is a broad-based, market capitalization weighted index that provides exposure to companies with high environmental, social and governance ("ESG") performance relative to their sector peers, while maintaining similar overall industry group weights as the S&P 500 Value Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.46

Average Daily Volume

1,017

Number of Holdings ^*

273

* may have additional holdings in another (foreign) market

Performance

Period	IWD	SNPV
30 Days	3.53%	3.24%
60 Days	4.90%	4.42%
90 Days	6.95%	6.52%
12 Months	29.54%	26.54%

256 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in SNPV	Overlap
	A	D	0.15%	0.27%	0.15%
	ABBV	D	0.65%	1.31%	0.65%
	ABT	B	0.78%	1.39%	0.78%
	ACN	C	0.86%	0.72%	0.72%
	ADI	D	0.4%	0.31%	0.31%
	ADM	D	0.1%	0.17%	0.1%
	ADP	B	0.03%	0.52%	0.03%
	AFL	B	0.24%	0.39%	0.24%
	AIG	B	0.19%	0.34%	0.19%
	AIZ	A	0.04%	0.08%	0.04%
	AJG	B	0.23%	0.22%	0.22%
	AKAM	D	0.05%	0.05%	0.05%
	ALB	C	0.05%	0.08%	0.05%
	ALL	A	0.17%	0.36%	0.17%
	ALLE	D	0.05%	0.05%	0.05%
	AMCR	D	0.06%	0.1%	0.06%
	AME	A	0.17%	0.17%	0.17%
	AMGN	D	0.13%	1.11%	0.13%
	AMP	A	0.02%	0.18%	0.02%
	AON	A	0.29%	0.27%	0.27%
	APD	A	0.27%	0.48%	0.27%
	APTV	D	0.06%	0.1%	0.06%
	ARE	D	0.07%	0.11%	0.07%
	AVB	B	0.13%	0.23%	0.13%
	AWK	D	0.1%	0.17%	0.1%
	AXP	A	0.39%	0.34%	0.34%
	BAC	A	1.23%	2.16%	1.23%
	BALL	D	0.07%	0.13%	0.07%
	BAX	D	0.06%	0.12%	0.06%
	BBY	D	0.08%	0.13%	0.08%
	BDX	F	0.25%	0.45%	0.25%
	BEN	C	0.02%	0.04%	0.02%
	BIIB	F	0.09%	0.17%	0.09%
	BK	A	0.22%	0.4%	0.22%
	BKR	B	0.17%	0.3%	0.17%
	BLK	C	0.6%	1.02%	0.6%
	BMY	B	0.44%	0.83%	0.44%
	BR	A	0.01%	0.08%	0.01%
	BSX	B	0.5%	0.4%	0.4%
	BWA	D	0.03%	0.05%	0.03%
	BXP	D	0.05%	0.08%	0.05%
	C	A	0.51%	0.91%	0.51%
	CAG	D	0.05%	0.09%	0.05%
	CAH	B	0.05%	0.21%	0.05%
	CARR	D	0.24%	0.23%	0.23%
	CAT	B	0.63%	0.56%	0.56%
	CB	C	0.45%	0.75%	0.45%
	CBOE	B	0.08%	0.05%	0.05%
	CBRE	B	0.16%	0.28%	0.16%
	CCL	B	0.09%	0.05%	0.05%
	CFG	B	0.08%	0.15%	0.08%
	CHRW	C	0.05%	0.09%	0.05%
	CI	F	0.32%	0.64%	0.32%
	CL	D	0.13%	0.32%	0.13%
	CMCSA	B	0.64%	1.17%	0.64%
	CME	A	0.32%	0.36%	0.32%
	CMI	A	0.19%	0.35%	0.19%
	CNC	D	0.12%	0.22%	0.12%
	COF	B	0.27%	0.49%	0.27%
	CPB	D	0.03%	0.06%	0.03%
	CRL	C	0.04%	0.07%	0.04%
	CSCO	B	0.91%	1.63%	0.91%
	CSX	B	0.27%	0.24%	0.24%
	CTAS	B	0.01%	0.24%	0.01%
	CTLT	B	0.04%	0.07%	0.04%
	CTVA	C	0.15%	0.28%	0.15%
	CVS	D	0.26%	0.49%	0.26%
	CVX	A	1.08%	1.91%	1.08%
	CZR	F	0.03%	0.03%	0.03%
	DAL	C	0.16%	0.12%	0.12%
	DAY	B	0.04%	0.04%	0.04%
	DE	A	0.39%	0.31%	0.31%
	DFS	B	0.17%	0.14%	0.14%
	DGX	A	0.07%	0.13%	0.07%
	DHR	F	0.58%	1.06%	0.58%
	DIS	B	0.82%	1.38%	0.82%
	DLR	B	0.23%	0.23%	0.23%
	DOC	D	0.06%	0.1%	0.06%
	DOV	A	0.11%	0.19%	0.11%
	DOW	F	0.12%	0.22%	0.12%
	DVN	F	0.09%	0.17%	0.09%
	EBAY	D	0.12%	0.22%	0.12%
	ECL	D	0.03%	0.22%	0.03%
	ED	D	0.13%	0.23%	0.13%
	EIX	B	0.12%	0.22%	0.12%
	EL	F	0.04%	0.11%	0.04%
	ELV	F	0.3%	0.65%	0.3%
	EMR	A	0.28%	0.51%	0.28%
	EQIX	A	0.31%	0.32%	0.31%
	EQR	B	0.11%	0.17%	0.11%
	EQT	B	0.09%	0.17%	0.09%
	ES	D	0.08%	0.15%	0.08%
	ETN	A	0.56%	0.39%	0.39%
	ETR	B	0.12%	0.22%	0.12%
	EW	C	0.13%	0.18%	0.13%
	EXC	C	0.15%	0.27%	0.15%
	EXR	D	0.13%	0.24%	0.13%
	FCX	D	0.24%	0.22%	0.22%
	FDS	B	0.05%	0.07%	0.05%
	FI	A	0.32%	0.41%	0.32%
	FIS	C	0.19%	0.33%	0.19%
	FITB	A	0.12%	0.23%	0.12%
	FMC	D	0.03%	0.05%	0.03%
	FRT	B	0.04%	0.06%	0.04%
	FSLR	F	0.08%	0.15%	0.08%
	GE	D	0.59%	0.77%	0.59%
	GILD	C	0.43%	0.8%	0.43%
	GIS	D	0.14%	0.25%	0.14%
	GL	B	0.04%	0.07%	0.04%
	GM	B	0.25%	0.45%	0.25%
	GPN	B	0.12%	0.2%	0.12%
	GS	A	0.53%	1.3%	0.53%
	GWW	B	0.03%	0.09%	0.03%
	HAL	C	0.1%	0.19%	0.1%
	HAS	D	0.0%	0.06%	0.0%
	HBAN	A	0.1%	0.18%	0.1%
	HD	A	0.32%	1.76%	0.32%
	HIG	B	0.13%	0.24%	0.13%
	HPE	B	0.11%	0.2%	0.11%
	HPQ	B	0.11%	0.25%	0.11%
	HRL	D	0.03%	0.06%	0.03%
	HST	C	0.05%	0.03%	0.03%
	HSY	F	0.08%	0.11%	0.08%
	HUBB	B	0.09%	0.09%	0.09%
	HUM	C	0.13%	0.23%	0.13%
	ICE	C	0.34%	0.62%	0.34%
	IEX	B	0.07%	0.13%	0.07%
	IFF	D	0.09%	0.16%	0.09%
	INCY	C	0.04%	0.1%	0.04%
	INTC	D	0.4%	0.74%	0.4%
	IPG	D	0.04%	0.08%	0.04%
	IQV	D	0.12%	0.16%	0.12%
	IR	B	0.16%	0.06%	0.06%
	IRM	D	0.06%	0.12%	0.06%
	ITW	B	0.2%	0.28%	0.2%
	IVZ	B	0.03%	0.06%	0.03%
	JBHT	C	0.06%	0.1%	0.06%
	JCI	C	0.22%	0.41%	0.22%
	JKHY	D	0.05%	0.08%	0.05%
	JPM	A	2.74%	4.8%	2.74%
	K	A	0.08%	0.16%	0.08%
	KDP	D	0.14%	0.26%	0.14%
	KEY	B	0.07%	0.12%	0.07%
	KEYS	A	0.1%	0.19%	0.1%
	KHC	F	0.11%	0.19%	0.11%
	KIM	A	0.06%	0.12%	0.06%
	KMI	A	0.21%	0.36%	0.21%
	KO	D	0.4%	1.03%	0.4%
	KR	B	0.15%	0.27%	0.15%
	LIN	D	0.84%	0.72%	0.72%
	LOW	D	0.6%	1.08%	0.6%
	LW	C	0.03%	0.03%	0.03%
	LYB	F	0.08%	0.15%	0.08%
	MAS	D	0.07%	0.05%	0.05%
	MCD	D	0.77%	0.84%	0.77%
	MDLZ	F	0.34%	0.36%	0.34%
	MDT	D	0.44%	0.77%	0.44%
	MET	A	0.19%	0.34%	0.19%
	MGM	D	0.03%	0.02%	0.02%
	MHK	D	0.03%	0.05%	0.03%
	MKC	D	0.07%	0.14%	0.07%
	MKTX	D	0.04%	0.07%	0.04%
	MPC	D	0.22%	0.16%	0.16%
	MRNA	F	0.05%	0.1%	0.05%
	MS	A	0.57%	1.15%	0.57%
	MSCI	C	0.07%	0.14%	0.07%
	MSI	B	0.16%	0.25%	0.16%
	MTB	A	0.14%	0.25%	0.14%
	MTD	D	0.1%	0.12%	0.1%
	MU	D	0.41%	0.77%	0.41%
	NDAQ	A	0.13%	0.23%	0.13%
	NEE	D	0.61%	1.08%	0.61%
	NEM	D	0.18%	0.33%	0.18%
	NKE	D	0.14%	0.36%	0.14%
	NSC	B	0.23%	0.42%	0.23%
	NTAP	C	0.05%	0.1%	0.05%
	NTRS	A	0.08%	0.15%	0.08%
	NWS	B	0.01%	0.03%	0.01%
	NWSA	B	0.04%	0.07%	0.04%
	OKE	A	0.25%	0.17%	0.17%
	OMC	C	0.07%	0.14%	0.07%
	ON	D	0.11%	0.11%	0.11%
	OTIS	C	0.16%	0.17%	0.16%
	OXY	D	0.13%	0.24%	0.13%
	PARA	C	0.02%	0.05%	0.02%
	PAYX	C	0.11%	0.2%	0.11%
	PCAR	B	0.22%	0.11%	0.11%
	PEG	A	0.17%	0.3%	0.17%
	PEP	F	0.18%	1.01%	0.18%
	PFG	D	0.08%	0.13%	0.08%
	PG	A	1.21%	1.67%	1.21%
	PH	A	0.35%	0.13%	0.13%
	PLD	D	0.41%	0.74%	0.41%
	PNC	B	0.32%	0.57%	0.32%
	PNR	A	0.07%	0.04%	0.04%
	PPG	F	0.11%	0.2%	0.11%
	PRU	A	0.18%	0.32%	0.18%
	PSA	D	0.18%	0.2%	0.18%
	PSX	C	0.21%	0.38%	0.21%
	PWR	A	0.13%	0.1%	0.1%
	PYPL	B	0.34%	0.61%	0.34%
	QCOM	F	0.04%	0.61%	0.04%
	REG	B	0.05%	0.08%	0.05%
	REGN	F	0.28%	0.23%	0.23%
	RF	A	0.09%	0.16%	0.09%
	RJF	A	0.12%	0.2%	0.12%
	RL	B	0.03%	0.03%	0.03%
	ROK	B	0.12%	0.12%	0.12%
	RSG	A	0.17%	0.13%	0.13%
	RVTY	F	0.05%	0.1%	0.05%
	SBAC	D	0.09%	0.09%	0.09%
	SBUX	A	0.1%	0.32%	0.1%
	SCHW	B	0.42%	0.84%	0.42%
	SHW	A	0.03%	0.31%	0.03%
	SJM	D	0.04%	0.08%	0.04%
	SLB	C	0.24%	0.43%	0.24%
	SPGI	C	0.61%	0.64%	0.61%
	SRE	A	0.23%	0.4%	0.23%
	STT	A	0.11%	0.2%	0.11%
	SW	A	0.1%	0.18%	0.1%
	SWK	D	0.05%	0.1%	0.05%
	SYF	B	0.1%	0.18%	0.1%
	SYK	C	0.39%	0.32%	0.32%
	SYY	B	0.06%	0.26%	0.06%
	T	A	0.63%	1.11%	0.63%
	TAP	C	0.04%	0.08%	0.04%
	TFC	A	0.24%	0.43%	0.24%
	TGT	F	0.27%	0.49%	0.27%
	TMO	F	0.76%	0.87%	0.76%
	TMUS	B	0.44%	0.81%	0.44%
	TPR	B	0.05%	0.09%	0.05%
	TROW	B	0.1%	0.18%	0.1%
	TRV	B	0.23%	0.4%	0.23%
	TSN	B	0.07%	0.12%	0.07%
	TT	A	0.24%	0.19%	0.19%
	TTWO	A	0.12%	0.11%	0.11%
	UDR	B	0.06%	0.09%	0.06%
	ULTA	F	0.01%	0.04%	0.01%
	UNH	C	1.98%	2.36%	1.98%
	UNP	C	0.29%	0.55%	0.29%
	UPS	C	0.38%	0.68%	0.38%
	USB	A	0.3%	0.54%	0.3%
	VLO	C	0.17%	0.32%	0.17%
	VTR	C	0.1%	0.19%	0.1%
	WAB	B	0.13%	0.24%	0.13%
	WAT	B	0.03%	0.09%	0.03%
	WBA	F	0.02%	0.04%	0.02%
	WDC	D	0.08%	0.15%	0.08%
	WELL	A	0.32%	0.54%	0.32%
	WMB	A	0.27%	0.29%	0.27%
	WMT	A	1.42%	2.56%	1.42%
	WTW	B	0.12%	0.23%	0.12%
	WY	D	0.09%	0.16%	0.09%
	XYL	D	0.11%	0.21%	0.11%
	YUM	B	0.09%	0.14%	0.09%
	ZTS	D	0.05%	0.24%	0.05%

IWD Overweight 609 Positions Relative to SNPV

	Symbol	Grade	Weight
	BRK.A	B	3.35%
	XOM	B	2.08%
	JNJ	D	1.45%
	WFC	A	1.01%
	PM	B	0.78%
	IBM	C	0.73%
	VZ	C	0.68%
	TXN	C	0.63%
	RTX	C	0.61%
	PFE	D	0.55%
	COP	C	0.51%
	HON	B	0.49%
	MMC	B	0.37%
	MO	A	0.37%
	SO	D	0.37%
	GEV	B	0.35%
	DUK	C	0.34%
	GD	F	0.31%
	BA	F	0.31%
	EOG	A	0.3%
	LMT	D	0.3%
	AMD	F	0.29%
	KKR	A	0.28%
	NOC	D	0.27%
	MRVL	B	0.27%
	FDX	B	0.26%
	CRH	A	0.26%
	MAR	B	0.25%
	MMM	D	0.23%
	ROP	B	0.23%
	CEG	D	0.23%
	VRTX	F	0.23%
	TJX	A	0.22%
	TDG	D	0.21%
	AEP	D	0.2%
	DHI	D	0.19%
	D	C	0.19%
	HCA	F	0.19%
	O	D	0.19%
	MSTR	C	0.19%
	CCI	D	0.18%
	KVUE	A	0.18%
	CRM	B	0.18%
	LHX	C	0.18%
	HWM	A	0.17%
	EA	A	0.17%
	F	C	0.17%
	SPG	B	0.17%
	MCK	B	0.17%
	PCG	A	0.17%
	LEN	D	0.16%
	URI	B	0.16%
	FERG	B	0.15%
	STZ	D	0.15%
	CTSH	B	0.15%
	XEL	A	0.15%
	APH	A	0.14%
	NUE	C	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%
	VICI	C	0.13%
	MCHP	D	0.13%
	FANG	D	0.13%
	GEHC	F	0.13%
	MLM	B	0.13%
	DD	D	0.13%
	HLT	A	0.12%
	UAL	A	0.12%
	DELL	C	0.12%
	WEC	A	0.12%
	SQ	B	0.11%
	VMC	B	0.11%
	CSGP	D	0.11%
	ANSS	B	0.11%
	RMD	C	0.1%
	DTE	C	0.1%
	PPL	B	0.1%
	NVR	D	0.1%
	FTV	C	0.1%
	FCNCA	A	0.1%
	KMB	D	0.1%
	PHM	D	0.1%
	CHD	B	0.1%
	WBD	C	0.09%
	ZBH	C	0.09%
	CINF	A	0.09%
	PGR	A	0.09%
	LNG	B	0.09%
	FE	C	0.09%
	AEE	A	0.09%
	EFX	F	0.09%
	COO	D	0.08%
	LUV	C	0.08%
	CNP	B	0.08%
	LH	C	0.08%
	IP	B	0.08%
	CMS	C	0.08%
	INVH	D	0.08%
	STLD	B	0.08%
	PKG	A	0.08%
	ZM	B	0.08%
	HOOD	B	0.08%
	ILMN	D	0.08%
	EXE	B	0.08%
	APO	B	0.08%
	LDOS	C	0.08%
	STE	F	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%
	J	F	0.07%
	TRU	D	0.07%
	CSL	C	0.07%
	RS	B	0.07%
	WRB	A	0.07%
	HOLX	D	0.07%
	WSO	A	0.07%
	MAA	B	0.07%
	SNA	A	0.07%
	CTRA	B	0.07%
	IBKR	A	0.07%
	BLDR	D	0.07%
	ESS	B	0.07%
	EVRG	A	0.06%
	EXPD	D	0.06%
	EWBC	A	0.06%
	VRSN	F	0.06%
	HES	B	0.06%
	NDSN	B	0.06%
	ACM	A	0.06%
	BRO	B	0.06%
	THC	D	0.06%
	USFD	A	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%
	TOL	B	0.06%
	LNT	A	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%
	NI	A	0.06%
	DG	F	0.06%
	Z	A	0.05%
	UHS	D	0.05%
	SOFI	A	0.05%
	CDW	F	0.05%
	EMN	D	0.05%
	JNPR	F	0.05%
	BMRN	D	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	WPC	D	0.05%
	FTI	A	0.05%
	CASY	A	0.05%
	EPAM	C	0.05%
	CPT	B	0.05%
	COHR	B	0.05%
	ITT	A	0.05%
	CLH	B	0.05%
	AMH	D	0.05%
	BG	F	0.05%
	GLPI	C	0.05%
	UNM	A	0.05%
	DLTR	F	0.05%
	JBL	B	0.05%
	ELS	C	0.05%
	AFRM	B	0.05%
	TWLO	A	0.05%
	RPM	A	0.05%
	RNR	C	0.05%
	EG	C	0.05%
	SWKS	F	0.05%
	CW	B	0.05%
	FFIV	B	0.05%
	VLTO	D	0.05%
	EME	C	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%
	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%
	BRBR	A	0.04%
	CNH	C	0.04%
	COIN	C	0.04%
	CIEN	B	0.04%
	DOX	D	0.04%
	DPZ	C	0.04%
	DTM	B	0.04%
	WAL	B	0.04%
	WTRG	B	0.04%
	ARMK	B	0.04%
	EHC	B	0.04%
	AES	F	0.04%
	NLY	C	0.04%
	AVY	D	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%
	LKQ	D	0.04%
	ALSN	B	0.04%
	AYI	B	0.04%
	BLD	D	0.04%
	WWD	B	0.04%
	WBS	A	0.04%
	CACI	D	0.04%
	PRI	A	0.04%
	BKNG	A	0.04%
	TECH	D	0.04%
	PNW	B	0.04%
	FOXA	B	0.04%
	CCK	C	0.04%
	EVR	B	0.04%
	CUBE	D	0.04%
	FWONK	B	0.04%
	FTNT	C	0.04%
	PFGC	B	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%
	AMAT	F	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%
	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%
	AXS	A	0.03%
	VMI	B	0.03%
	MKSI	C	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%
	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%
	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%
	FAST	B	0.03%
	LBRDK	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%
	G	B	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	ACI	C	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%
	LAMR	D	0.03%
	RIVN	F	0.03%
	VOYA	B	0.03%
	FICO	B	0.03%
	EGP	F	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%
	FYBR	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%
	AOS	F	0.03%
	SNX	C	0.03%
	HSIC	B	0.03%
	KNX	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%
	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%
	ORLY	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%
	SAIA	B	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%
	STWD	C	0.02%
	ARW	D	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%
	ESI	A	0.02%
	NOV	C	0.02%
	SIRI	C	0.02%
	MOH	F	0.02%
	KD	B	0.02%
	MSA	D	0.02%
	MAT	D	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%
	LEN	D	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%
	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%
	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%
	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 17 Positions Relative to SNPV

	Symbol	Grade	Weight
	V	A	-1.22%
	MRK	F	-1.04%
	MA	C	-0.84%
	AMT	D	-0.37%
	WM	A	-0.3%
	COR	B	-0.29%
	MCO	B	-0.28%
	BX	A	-0.26%
	SPYV	A	-0.26%
	ADSK	A	-0.22%
	VRSK	A	-0.13%
	VOOV	A	-0.12%
	TSCO	D	-0.12%
	NXPI	D	-0.1%
	STX	D	-0.09%
	LVS	C	-0.04%
	DVA	B	-0.03%

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

SNPV: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Asset Management Banks - Regional - US Capital Markets Diagnostics & Research Packaged Foods Credit Services Specialty Chemicals Drug Manufacturers - Major Health Care Plans Insurance - Life Medical Devices Semiconductors Financial Data & Stock Exchanges Railroads Specialty Industrial Machinery Specialty Retail Telecom Services Utilities - Diversified

Keywords: S&P 500 Nasdaq 100 Insurance Dow Jones Component Natural Gas Bank Banking Real Estate Investment Trust Chemical Investment Bank Medicine Cash Management Computing Disability Electronics Financial Products Insurance Products Mining Petroleum Industry Biotechnology