IWD vs. SSO ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to ProShares Ultra S&P500 (SSO)

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

$173.79

Average Daily Volume

1,314,002

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$85.74

Average Daily Volume

2,561,665

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	IWD	SSO
30 Days	-0.92%	7.66%
60 Days	0.01%	14.66%
90 Days	-1.28%	13.05%
12 Months	13.76%	51.00%

413 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in SSO	Overlap
A	D	0.03%	0.06%	0.03%
AAL	F	0.02%	0.01%	0.01%
ABT	D	0.8%	0.28%	0.28%
ACGL	C	0.15%	0.06%	0.06%
ADI	B	0.53%	0.17%	0.17%
ADM	C	0.15%	0.05%	0.05%
ADP	D	0.07%	0.15%	0.07%
AEE	D	0.09%	0.03%	0.03%
AEP	C	0.22%	0.07%	0.07%
AES	D	0.02%	0.02%	0.02%
AFL	B	0.24%	0.07%	0.07%
AIG	D	0.25%	0.08%	0.08%
AIZ	D	0.04%	0.01%	0.01%
AJG	A	0.25%	0.09%	0.09%
AKAM	F	0.06%	0.02%	0.02%
ALB	F	0.05%	0.02%	0.02%
ALL	D	0.2%	0.06%	0.06%
ALLE	D	0.0%	0.02%	0.0%
AMAT	B	0.14%	0.3%	0.14%
AMCR	D	0.07%	0.02%	0.02%
AMD	B	0.52%	0.39%	0.39%
AME	D	0.18%	0.06%	0.06%
AMGN	B	0.25%	0.26%	0.25%
ANSS	C	0.02%	0.04%	0.02%
AON	C	0.27%	0.1%	0.1%
AOS	D	0.04%	0.02%	0.02%
APA	F	0.01%	0.02%	0.01%
APD	D	0.27%	0.09%	0.09%
APH	B	0.18%	0.12%	0.12%
APTV	F	0.09%	0.03%	0.03%
ARE	C	0.09%	0.03%	0.03%
ATO	D	0.08%	0.03%	0.03%
AVB	B	0.14%	0.04%	0.04%
AVY	D	0.06%	0.03%	0.03%
AWK	B	0.12%	0.04%	0.04%
AXP	C	0.42%	0.2%	0.2%
AZO	C	0.04%	0.08%	0.04%
BA	C	0.42%	0.16%	0.16%
BAC	B	1.27%	0.41%	0.41%
BALL	D	0.09%	0.03%	0.03%
BAX	C	0.08%	0.03%	0.03%
BBWI	F	0.04%	0.01%	0.01%
BBY	C	0.07%	0.02%	0.02%
BDX	F	0.31%	0.1%	0.1%
BEN	F	0.03%	0.01%	0.01%
BG	B	0.07%	0.02%	0.02%
BIIB	C	0.15%	0.05%	0.05%
BIO	D	0.03%	0.01%	0.01%
BK	B	0.21%	0.07%	0.07%
BKR	C	0.16%	0.05%	0.05%
BLDR	F	0.08%	0.03%	0.03%
BLK	B	0.54%	0.17%	0.17%
BMY	F	0.4%	0.13%	0.13%
BR	B	0.02%	0.04%	0.02%
BRK.A	C	3.5%	1.13%	1.13%
BRO	B	0.06%	0.03%	0.03%
BSX	B	0.53%	0.17%	0.17%
BWA	F	0.04%	0.01%	0.01%
BXP	C	0.05%	0.01%	0.01%
C	B	0.55%	0.18%	0.18%
CAG	D	0.06%	0.02%	0.02%
CAH	D	0.06%	0.04%	0.04%
CARR	C	0.25%	0.08%	0.08%
CAT	D	0.2%	0.25%	0.2%
CB	C	0.5%	0.16%	0.16%
CBRE	C	0.13%	0.04%	0.04%
CCI	D	0.18%	0.06%	0.06%
CCL	C	0.09%	0.03%	0.03%
CDW	D	0.01%	0.05%	0.01%
CE	F	0.06%	0.02%	0.02%
CEG	B	0.31%	0.1%	0.1%
CF	F	0.07%	0.02%	0.02%
CFG	B	0.08%	0.02%	0.02%
CHD	C	0.01%	0.04%	0.01%
CHRW	C	0.01%	0.02%	0.01%
CI	D	0.42%	0.15%	0.15%
CINF	C	0.08%	0.03%	0.03%
CL	B	0.38%	0.12%	0.12%
CMCSA	F	0.71%	0.23%	0.23%
CME	D	0.33%	0.11%	0.11%
CMI	D	0.18%	0.06%	0.06%
CMS	D	0.08%	0.03%	0.03%
CNC	D	0.17%	0.06%	0.06%
CNP	B	0.09%	0.03%	0.03%
COF	D	0.24%	0.08%	0.08%
COP	D	0.64%	0.2%	0.2%
CPAY	D	0.01%	0.03%	0.01%
CPB	B	0.04%	0.01%	0.01%
CPT	B	0.05%	0.02%	0.02%
CRL	F	0.05%	0.02%	0.02%
CRM	C	0.27%	0.38%	0.27%
CSCO	D	0.9%	0.29%	0.29%
CSGP	F	0.08%	0.05%	0.05%
CSX	D	0.27%	0.1%	0.1%
CTAS	A	0.03%	0.09%	0.03%
CTLT	B	0.05%	0.02%	0.02%
CTRA	D	0.09%	0.03%	0.03%
CTSH	C	0.16%	0.05%	0.05%
CTVA	D	0.18%	0.06%	0.06%
CVS	D	0.35%	0.11%	0.11%
CVX	D	1.26%	0.41%	0.41%
CZR	C	0.02%	0.01%	0.01%
D	C	0.19%	0.06%	0.06%
DAL	D	0.14%	0.05%	0.05%
DAY	F	0.03%	0.01%	0.01%
DD	C	0.16%	0.05%	0.05%
DE	F	0.03%	0.15%	0.03%
DFS	B	0.14%	0.05%	0.05%
DGX	C	0.07%	0.02%	0.02%
DHI	D	0.2%	0.06%	0.06%
DHR	D	0.78%	0.25%	0.25%
DIS	D	0.88%	0.29%	0.29%
DLR	B	0.22%	0.07%	0.07%
DLTR	F	0.1%	0.03%	0.03%
DOC	B	0.06%	0.02%	0.02%
DOV	D	0.12%	0.04%	0.04%
DOW	D	0.18%	0.06%	0.06%
DRI	D	0.05%	0.03%	0.03%
DTE	D	0.11%	0.04%	0.04%
DUK	C	0.36%	0.12%	0.12%
DVN	D	0.14%	0.05%	0.05%
EA	B	0.18%	0.05%	0.05%
EBAY	B	0.12%	0.04%	0.04%
ECL	B	0.06%	0.09%	0.06%
ED	D	0.15%	0.05%	0.05%
EFX	B	0.04%	0.05%	0.04%
EG	D	0.07%	0.03%	0.03%
EIX	C	0.13%	0.04%	0.04%
EL	F	0.08%	0.04%	0.04%
ELV	C	0.52%	0.19%	0.19%
EMN	D	0.05%	0.02%	0.02%
EMR	C	0.29%	0.09%	0.09%
EOG	D	0.34%	0.11%	0.11%
EQIX	C	0.16%	0.11%	0.11%
EQR	B	0.12%	0.04%	0.04%
EQT	D	0.06%	0.03%	0.03%
ES	C	0.09%	0.03%	0.03%
ESS	B	0.08%	0.03%	0.03%
ETN	C	0.59%	0.19%	0.19%
ETR	D	0.11%	0.03%	0.03%
ETSY	F	0.01%	0.01%	0.01%
EVRG	D	0.06%	0.02%	0.02%
EXC	D	0.16%	0.05%	0.05%
EXPD	B	0.07%	0.03%	0.03%
EXPE	C	0.02%	0.02%	0.02%
EXR	B	0.15%	0.05%	0.05%
F	B	0.23%	0.07%	0.07%
FANG	B	0.17%	0.05%	0.05%
FAST	D	0.04%	0.06%	0.04%
FCX	C	0.32%	0.11%	0.11%
FDX	B	0.32%	0.1%	0.1%
FE	C	0.1%	0.03%	0.03%
FFIV	C	0.05%	0.02%	0.02%
FIS	B	0.21%	0.06%	0.06%
FITB	D	0.11%	0.04%	0.04%
FMC	F	0.03%	0.01%	0.01%
FOX	B	0.02%	0.01%	0.01%
FOXA	B	0.04%	0.01%	0.01%
FRT	C	0.04%	0.01%	0.01%
FSLR	C	0.12%	0.04%	0.04%
FTV	D	0.12%	0.04%	0.04%
GD	D	0.34%	0.1%	0.1%
GDDY	A	0.04%	0.03%	0.03%
GE	D	0.82%	0.27%	0.27%
GEHC	D	0.14%	0.05%	0.05%
GEV	B	0.22%	0.07%	0.07%
GILD	C	0.4%	0.13%	0.13%
GIS	D	0.17%	0.06%	0.06%
GL	D	0.03%	0.01%	0.01%
GLW	B	0.14%	0.05%	0.05%
GM	B	0.25%	0.08%	0.08%
GNRC	C	0.04%	0.01%	0.01%
GPC	D	0.09%	0.03%	0.03%
GPN	D	0.11%	0.04%	0.04%
GRMN	C	0.12%	0.04%	0.04%
GS	A	0.66%	0.22%	0.22%
HAL	F	0.11%	0.05%	0.05%
HAS	D	0.04%	0.01%	0.01%
HBAN	D	0.09%	0.03%	0.03%
HCA	C	0.25%	0.1%	0.1%
HES	D	0.09%	0.06%	0.06%
HIG	C	0.14%	0.05%	0.05%
HII	D	0.05%	0.01%	0.01%
HLT	B	0.14%	0.08%	0.08%
HOLX	C	0.08%	0.03%	0.03%
HON	B	0.58%	0.21%	0.21%
HPE	C	0.13%	0.04%	0.04%
HPQ	C	0.11%	0.05%	0.05%
HRL	F	0.04%	0.01%	0.01%
HSIC	D	0.04%	0.01%	0.01%
HST	D	0.06%	0.02%	0.02%
HSY	F	0.03%	0.04%	0.03%
HUBB	C	0.05%	0.03%	0.03%
HUM	C	0.12%	0.07%	0.07%
HWM	C	0.14%	0.05%	0.05%
IBM	B	0.73%	0.24%	0.24%
ICE	A	0.37%	0.12%	0.12%
IEX	D	0.07%	0.02%	0.02%
IFF	B	0.11%	0.04%	0.04%
INCY	D	0.01%	0.02%	0.01%
INTC	C	0.61%	0.2%	0.2%
INVH	A	0.1%	0.03%	0.03%
IP	C	0.07%	0.02%	0.02%
IPG	F	0.05%	0.02%	0.02%
IQV	D	0.01%	0.06%	0.01%
IR	C	0.17%	0.06%	0.06%
IRM	B	0.06%	0.04%	0.04%
ITW	D	0.06%	0.1%	0.06%
IVZ	D	0.03%	0.01%	0.01%
J	D	0.08%	0.03%	0.03%
JBHT	F	0.05%	0.02%	0.02%
JBL	F	0.02%	0.02%	0.02%
JCI	D	0.21%	0.07%	0.07%
JKHY	C	0.04%	0.02%	0.02%
JNJ	F	1.65%	0.54%	0.54%
JNPR	B	0.05%	0.02%	0.02%
JPM	B	2.7%	0.88%	0.88%
K	D	0.07%	0.02%	0.02%
KDP	D	0.15%	0.05%	0.05%
KEY	C	0.06%	0.02%	0.02%
KEYS	D	0.08%	0.04%	0.04%
KHC	D	0.12%	0.04%	0.04%
KIM	B	0.06%	0.02%	0.02%
KKR	C	0.25%	0.11%	0.11%
KMB	B	0.01%	0.07%	0.01%
KMI	B	0.18%	0.06%	0.06%
KMX	C	0.05%	0.02%	0.02%
KO	A	0.59%	0.38%	0.38%
KR	C	0.15%	0.05%	0.05%
KVUE	F	0.11%	0.05%	0.05%
L	D	0.06%	0.02%	0.02%
LDOS	B	0.09%	0.03%	0.03%
LEN	D	0.01%	0.06%	0.01%
LEN	D	0.17%	0.06%	0.06%
LHX	B	0.2%	0.06%	0.06%
LIN	C	0.91%	0.32%	0.32%
LKQ	F	0.05%	0.02%	0.02%
LNT	B	0.06%	0.02%	0.02%
LOW	D	0.16%	0.19%	0.16%
LRCX	B	0.03%	0.21%	0.03%
LUV	D	0.08%	0.03%	0.03%
LVS	F	0.01%	0.02%	0.01%
LW	F	0.0%	0.02%	0.0%
LYB	D	0.12%	0.04%	0.04%
LYV	C	0.05%	0.02%	0.02%
MAA	C	0.08%	0.03%	0.03%
MAS	D	0.07%	0.02%	0.02%
MCD	F	0.52%	0.28%	0.28%
MCHP	C	0.06%	0.07%	0.06%
MCK	B	0.23%	0.12%	0.12%
MCO	A	0.03%	0.1%	0.03%
MDLZ	D	0.42%	0.14%	0.14%
MDT	D	0.49%	0.16%	0.16%
MET	D	0.21%	0.06%	0.06%
MGM	B	0.06%	0.02%	0.02%
MHK	D	0.03%	0.01%	0.01%
MKC	C	0.08%	0.03%	0.03%
MLM	D	0.16%	0.05%	0.05%
MMC	B	0.1%	0.16%	0.1%
MMM	B	0.27%	0.09%	0.09%
MO	A	0.38%	0.12%	0.12%
MOH	F	0.04%	0.03%	0.03%
MOS	F	0.05%	0.01%	0.01%
MPC	D	0.3%	0.09%	0.09%
MRK	C	1.26%	0.5%	0.5%
MRNA	D	0.19%	0.06%	0.06%
MRO	B	0.08%	0.02%	0.02%
MS	B	0.53%	0.18%	0.18%
MSCI	C	0.09%	0.06%	0.06%
MSI	B	0.02%	0.1%	0.02%
MTB	C	0.11%	0.04%	0.04%
MTCH	F	0.0%	0.01%	0.0%
MU	C	0.68%	0.22%	0.22%
NCLH	C	0.03%	0.01%	0.01%
NDAQ	C	0.1%	0.04%	0.04%
NDSN	D	0.06%	0.02%	0.02%
NEE	D	0.71%	0.23%	0.23%
NEM	A	0.23%	0.07%	0.07%
NI	B	0.06%	0.02%	0.02%
NKE	F	0.24%	0.17%	0.17%
NOC	D	0.27%	0.09%	0.09%
NRG	D	0.08%	0.03%	0.03%
NSC	D	0.22%	0.07%	0.07%
NTAP	A	0.07%	0.04%	0.04%
NTRS	C	0.08%	0.03%	0.03%
NUE	F	0.18%	0.06%	0.06%
NVR	D	0.1%	0.04%	0.04%
NWS	B	0.02%	0.01%	0.01%
NWSA	B	0.05%	0.02%	0.02%
O	C	0.2%	0.07%	0.07%
ODFL	C	0.01%	0.05%	0.01%
OKE	B	0.21%	0.07%	0.07%
OMC	D	0.08%	0.03%	0.03%
ON	C	0.14%	0.04%	0.04%
ORCL	A	0.6%	0.34%	0.34%
ORLY	C	0.04%	0.1%	0.04%
OTIS	B	0.18%	0.06%	0.06%
OXY	D	0.2%	0.06%	0.06%
PARA	C	0.03%	0.01%	0.01%
PCAR	D	0.25%	0.08%	0.08%
PCG	D	0.17%	0.06%	0.06%
PEG	B	0.17%	0.06%	0.06%
PEP	D	0.33%	0.35%	0.33%
PFE	C	0.74%	0.24%	0.24%
PFG	D	0.09%	0.03%	0.03%
PG	C	1.49%	0.6%	0.6%
PGR	B	0.15%	0.19%	0.15%
PH	D	0.3%	0.1%	0.1%
PHM	D	0.11%	0.04%	0.04%
PKG	C	0.08%	0.02%	0.02%
PLD	C	0.48%	0.16%	0.16%
PM	B	0.74%	0.24%	0.24%
PNC	C	0.28%	0.09%	0.09%
PNR	D	0.06%	0.02%	0.02%
PNW	C	0.04%	0.01%	0.01%
PPG	D	0.1%	0.04%	0.04%
PPL	D	0.1%	0.03%	0.03%
PRU	B	0.2%	0.06%	0.06%
PSA	B	0.09%	0.07%	0.07%
PSX	D	0.29%	0.09%	0.09%
PTC	B	0.05%	0.03%	0.03%
PWR	D	0.13%	0.06%	0.06%
PYPL	D	0.03%	0.09%	0.03%
QCOM	B	0.13%	0.33%	0.13%
QRVO	B	0.05%	0.02%	0.02%
RCL	B	0.12%	0.06%	0.06%
REG	B	0.05%	0.02%	0.02%
REGN	B	0.47%	0.17%	0.17%
RF	B	0.08%	0.03%	0.03%
RJF	D	0.11%	0.03%	0.03%
RL	C	0.03%	0.01%	0.01%
ROP	B	0.28%	0.09%	0.09%
ROST	B	0.02%	0.07%	0.02%
RSG	A	0.19%	0.06%	0.06%
RTX	D	0.68%	0.2%	0.2%
SBAC	F	0.09%	0.03%	0.03%
SCHW	D	0.51%	0.17%	0.17%
SHW	D	0.06%	0.11%	0.06%
SJM	D	0.05%	0.02%	0.02%
SLB	D	0.31%	0.1%	0.1%
SNA	F	0.06%	0.02%	0.02%
SO	B	0.4%	0.13%	0.13%
SOLV	F	0.03%	0.01%	0.01%
SPG	C	0.18%	0.07%	0.07%
SPGI	B	0.61%	0.22%	0.22%
SRE	B	0.22%	0.07%	0.07%
STE	C	0.1%	0.03%	0.03%
STLD	D	0.09%	0.03%	0.03%
STT	C	0.1%	0.03%	0.03%
STZ	B	0.17%	0.06%	0.06%
SWK	D	0.06%	0.02%	0.02%
SWKS	C	0.08%	0.03%	0.03%
SYF	B	0.08%	0.03%	0.03%
SYK	B	0.42%	0.18%	0.18%
T	B	0.63%	0.21%	0.21%
TAP	F	0.04%	0.01%	0.01%
TDG	D	0.27%	0.11%	0.11%
TDY	D	0.08%	0.03%	0.03%
TECH	D	0.0%	0.02%	0.0%
TER	A	0.02%	0.04%	0.02%
TFC	B	0.24%	0.08%	0.08%
TFX	C	0.05%	0.01%	0.01%
TMO	D	0.38%	0.32%	0.32%
TMUS	B	0.41%	0.14%	0.14%
TPR	C	0.04%	0.01%	0.01%
TRMB	C	0.06%	0.02%	0.02%
TROW	C	0.12%	0.04%	0.04%
TRV	D	0.22%	0.07%	0.07%
TSN	D	0.07%	0.02%	0.02%
TT	B	0.25%	0.12%	0.12%
TTWO	C	0.12%	0.04%	0.04%
TXN	B	0.49%	0.27%	0.27%
TXT	D	0.08%	0.03%	0.03%
TYL	A	0.02%	0.03%	0.02%
UAL	D	0.07%	0.02%	0.02%
UDR	B	0.06%	0.02%	0.02%
UHS	C	0.05%	0.02%	0.02%
UNH	D	0.34%	0.69%	0.34%
UNP	D	0.37%	0.21%	0.21%
UPS	D	0.33%	0.15%	0.15%
URI	D	0.16%	0.06%	0.06%
USB	D	0.29%	0.09%	0.09%
VICI	D	0.14%	0.05%	0.05%
VLO	D	0.25%	0.08%	0.08%
VLTO	D	0.1%	0.03%	0.03%
VMC	D	0.12%	0.05%	0.05%
VRSN	C	0.07%	0.02%	0.02%
VRTX	B	0.05%	0.19%	0.05%
VST	C	0.1%	0.04%	0.04%
VTR	A	0.1%	0.03%	0.03%
VTRS	D	0.06%	0.02%	0.02%
VZ	B	0.81%	0.26%	0.26%
WAB	D	0.13%	0.04%	0.04%
WBA	F	0.04%	0.01%	0.01%
WBD	F	0.08%	0.03%	0.03%
WDC	B	0.12%	0.04%	0.04%
WEC	D	0.12%	0.04%	0.04%
WELL	A	0.27%	0.09%	0.09%
WFC	C	0.97%	0.31%	0.31%
WM	B	0.04%	0.12%	0.04%
WMB	B	0.24%	0.08%	0.08%
WMT	A	1.36%	0.44%	0.44%
WRB	C	0.07%	0.02%	0.02%
WRK	C	0.06%	0.02%	0.02%
WTW	B	0.11%	0.04%	0.04%
WY	F	0.1%	0.03%	0.03%
WYNN	D	0.04%	0.01%	0.01%
XEL	D	0.14%	0.05%	0.05%
XOM	D	2.45%	0.79%	0.79%
XYL	D	0.13%	0.05%	0.05%
YUM	D	0.02%	0.06%	0.02%
ZBH	D	0.11%	0.03%	0.03%
ZBRA	C	0.06%	0.02%	0.02%

IWD Overweight 431 Positions Relative to SSO

Symbol	Grade	Weight
FI	C	0.3%
MRVL	C	0.28%
FERG	D	0.18%
COIN	C	0.18%
VRT	C	0.13%
MKL	D	0.1%
ICLR	B	0.1%
SQ	C	0.1%
ENTG	B	0.09%
CSL	C	0.09%
RS	D	0.08%
FCNCA	C	0.08%
COO	D	0.08%
LH	C	0.08%
LII	B	0.08%
THC	C	0.07%
FWONK	B	0.07%
HOOD	B	0.07%
UTHR	B	0.07%
TRU	C	0.07%
AVTR	D	0.07%
ZM	F	0.07%
OC	D	0.07%
WSM	D	0.07%
ILMN	D	0.06%
TOL	D	0.06%
ACM	D	0.06%
WPC	D	0.06%
USFD	C	0.06%
CASY	B	0.06%
AMH	A	0.06%
APP	B	0.06%
NVT	D	0.06%
FNF	D	0.06%
IBKR	B	0.06%
RVTY	D	0.06%
OKTA	C	0.06%
SSNC	B	0.06%
RGA	C	0.06%
BMRN	C	0.06%
JLL	B	0.05%
RIVN	C	0.05%
NLY	C	0.05%
RPRX	F	0.05%
CNH	F	0.05%
CUBE	B	0.05%
EWBC	D	0.05%
CHK	D	0.05%
CW	C	0.05%
NTNX	C	0.05%
ITT	D	0.05%
WWD	D	0.05%
ALLY	B	0.05%
SAIA	C	0.05%
RPM	D	0.05%
GWRE	A	0.05%
FTI	B	0.05%
EME	D	0.05%
BLD	D	0.05%
DKS	C	0.05%
GLPI	B	0.05%
GEN	B	0.05%
SUI	C	0.05%
CLH	B	0.05%
WSO	B	0.05%
XPO	C	0.05%
NOV	D	0.04%
DASH	C	0.04%
AYI	D	0.04%
INGR	D	0.04%
CLF	D	0.04%
ACI	F	0.04%
BJ	B	0.04%
KNX	C	0.04%
RBC	C	0.04%
NNN	B	0.04%
EGP	B	0.04%
SNX	D	0.04%
RRC	D	0.04%
ELS	C	0.04%
GGG	D	0.04%
GNTX	D	0.04%
SF	B	0.04%
EHC	B	0.04%
ORI	D	0.04%
TWLO	D	0.04%
TW	C	0.04%
CGNX	B	0.04%
NYT	A	0.04%
CCK	F	0.04%
X	C	0.04%
UNM	D	0.04%
OHI	B	0.04%
FHN	C	0.04%
RGLD	B	0.04%
FBIN	F	0.04%
CG	C	0.04%
DINO	D	0.04%
CNM	D	0.04%
RNR	D	0.04%
SKX	C	0.04%
MKSI	B	0.04%
ARMK	C	0.04%
JEF	B	0.04%
DOX	D	0.04%
AFG	D	0.04%
RRX	F	0.04%
QGEN	D	0.04%
AR	D	0.04%
COHR	B	0.04%
REXR	C	0.04%
TTEK	D	0.04%
WTRG	C	0.04%
ATR	D	0.04%
NU	B	0.04%
CACI	B	0.04%
XP	F	0.03%
LPX	D	0.03%
OLED	A	0.03%
SRCL	B	0.03%
HXL	D	0.03%
XRAY	F	0.03%
ESAB	D	0.03%
BFAM	C	0.03%
OMF	D	0.03%
R	B	0.03%
FAF	D	0.03%
WHR	C	0.03%
PFGC	D	0.03%
AZPN	D	0.03%
SNV	B	0.03%
KBR	D	0.03%
AXS	C	0.03%
ST	C	0.03%
STWD	D	0.03%
WH	C	0.03%
OLN	F	0.03%
AIRC	A	0.03%
MSA	C	0.03%
MAT	F	0.03%
DAR	F	0.03%
PNFP	D	0.03%
MTG	B	0.03%
WTFC	D	0.03%
CFR	D	0.03%
GXO	F	0.03%
GMED	B	0.03%
KD	C	0.03%
FCN	D	0.03%
AZEK	D	0.03%
ESI	B	0.03%
ALSN	D	0.03%
BPOP	D	0.03%
SAIC	D	0.03%
ZION	C	0.03%
ADC	B	0.03%
MTN	F	0.03%
ACHC	F	0.03%
ALNY	A	0.03%
TPX	D	0.03%
LFUS	C	0.03%
CMA	C	0.03%
AGCO	F	0.03%
SOFI	F	0.03%
HLI	A	0.03%
FLS	D	0.03%
FR	C	0.03%
HR	B	0.03%
PVH	F	0.03%
FYBR	B	0.03%
STAG	B	0.03%
H	C	0.03%
ARW	D	0.03%
ROKU	C	0.03%
SEIC	D	0.03%
SCI	C	0.03%
CBSH	C	0.03%
WAL	B	0.03%
RHI	F	0.03%
LEA	F	0.03%
AXTA	D	0.03%
MIDD	F	0.03%
AGNC	A	0.03%
GME	C	0.03%
OVV	D	0.03%
MTZ	C	0.03%
BERY	D	0.03%
CRUS	A	0.03%
LAD	F	0.03%
OSK	D	0.03%
BRX	B	0.03%
DTM	B	0.03%
AA	B	0.03%
AFRM	F	0.03%
OWL	D	0.03%
CIEN	F	0.03%
CR	C	0.03%
VOYA	D	0.03%
EVR	A	0.03%
ELAN	D	0.03%
WCC	D	0.03%
KEX	B	0.03%
WBS	D	0.03%
COLD	C	0.03%
OGE	C	0.03%
BWXT	B	0.03%
Z	C	0.03%
SWN	D	0.03%
NEU	D	0.02%
LITE	B	0.02%
LSXMK	C	0.02%
RBA	B	0.02%
PLNT	B	0.02%
AM	B	0.02%
NXST	B	0.02%
SPR	B	0.02%
MAN	D	0.02%
CC	F	0.02%
PRGO	F	0.02%
CUZ	D	0.02%
SLGN	D	0.02%
IAC	F	0.02%
KMPR	C	0.02%
AWI	D	0.02%
MSGS	B	0.02%
MSM	F	0.02%
DXC	C	0.02%
KRC	F	0.02%
UHAL	D	0.02%
SITE	F	0.02%
CPRI	D	0.02%
GPK	D	0.02%
HUN	F	0.02%
AAP	F	0.02%
COTY	F	0.02%
PII	F	0.02%
BYD	C	0.02%
RGEN	F	0.02%
BEPC	D	0.02%
VNT	D	0.02%
COLB	D	0.02%
LAZ	C	0.02%
FRPT	A	0.02%
WEX	D	0.02%
VVV	B	0.02%
PSTG	B	0.02%
OLLI	B	0.02%
HOG	F	0.02%
FLO	D	0.02%
AGO	D	0.02%
G	D	0.02%
RYN	D	0.02%
OZK	D	0.02%
S	C	0.02%
WTM	D	0.02%
THG	D	0.02%
RLI	D	0.02%
BC	F	0.02%
CCCS	D	0.02%
AN	D	0.02%
VNO	C	0.02%
JHG	B	0.02%
DLB	D	0.02%
AVT	D	0.02%
IDA	D	0.02%
GPS	C	0.02%
GFS	C	0.02%
ASH	D	0.02%
WLK	D	0.02%
LNC	C	0.02%
FNB	C	0.02%
THO	D	0.02%
UGI	D	0.02%
VFC	D	0.02%
NFG	D	0.02%
TKR	D	0.02%
AL	C	0.02%
LBRDK	C	0.02%
SON	F	0.02%
DCI	D	0.02%
MDU	C	0.02%
ALK	F	0.02%
M	C	0.02%
EXAS	D	0.02%
BILL	F	0.02%
RITM	D	0.02%
AMG	D	0.02%
PB	D	0.02%
OGN	C	0.02%
WSC	F	0.02%
VMI	C	0.02%
POST	C	0.02%
HCP	A	0.01%
CERT	D	0.01%
HEI	B	0.01%
KLG	F	0.01%
RKT	C	0.01%
PATH	D	0.01%
AMC	C	0.01%
CNA	B	0.01%
INFA	B	0.01%
UAA	F	0.01%
CAR	F	0.01%
SNDR	B	0.01%
PLUG	F	0.01%
UA	F	0.01%
MP	D	0.01%
LSTR	D	0.01%
VSTS	F	0.01%
LEG	F	0.01%
MRCY	D	0.01%
HEI	B	0.01%
VSAT	F	0.01%
FWONA	C	0.01%
LSXMA	C	0.01%
VYX	C	0.01%
REYN	D	0.01%
HAYW	F	0.01%
PPC	B	0.01%
TDOC	F	0.01%
LLYVK	C	0.01%
QS	F	0.01%
TNL	D	0.01%
DOCS	B	0.01%
SIRI	C	0.01%
CABO	F	0.01%
QDEL	F	0.01%
ZI	F	0.01%
NATL	B	0.01%
EXEL	C	0.01%
PHIN	D	0.01%
VIRT	C	0.01%
TRIP	F	0.01%
IART	C	0.01%
RCM	F	0.01%
ADT	B	0.01%
LCID	D	0.01%
FTRE	D	0.01%
NCNO	B	0.01%
TPG	D	0.01%
GO	D	0.01%
NYCB	D	0.01%
CWEN	D	0.01%
PINC	F	0.01%
SEE	F	0.01%
HHH	D	0.01%
TNDM	C	0.01%
CRI	F	0.01%
WU	D	0.01%
CHE	D	0.01%
EEFT	D	0.01%
ENOV	F	0.01%
LAMR	B	0.01%
NWL	F	0.01%
ICUI	B	0.01%
JWN	B	0.01%
BOKF	D	0.01%
BHF	F	0.01%
DNB	F	0.01%
ZG	C	0.01%
EXP	D	0.01%
IPGP	D	0.01%
AGR	C	0.01%
SPB	D	0.01%
KSS	F	0.01%
FHB	C	0.01%
NVST	F	0.01%
HIW	C	0.01%
CLVT	F	0.01%
HRB	B	0.01%
MPW	F	0.01%
COLM	D	0.01%
SLM	D	0.01%
CNXC	C	0.01%
PENN	C	0.01%
WOLF	F	0.01%
AZTA	D	0.01%
GTES	D	0.01%
PAG	D	0.01%
PRI	C	0.01%
RUN	F	0.01%
W	D	0.01%
VAC	F	0.01%
U	F	0.01%
CXT	D	0.01%
LOPE	C	0.01%
AMED	A	0.01%
NSA	B	0.01%
PK	D	0.01%
RH	D	0.01%
EPR	C	0.01%
CACC	B	0.01%
JAZZ	F	0.01%
RNAC	F	0.0%
AMBP	D	0.0%
PLTK	F	0.0%
UI	B	0.0%
PARAA	C	0.0%
OLPX	F	0.0%
CART	C	0.0%
ROIV	D	0.0%
IRDM	D	0.0%
AGL	D	0.0%
SAM	C	0.0%
GRAL	D	0.0%
WOOF	C	0.0%
MRVI	F	0.0%
UHAL	D	0.0%
NLOP	C	0.0%
SHC	C	0.0%
PYCR	D	0.0%
DNA	F	0.0%
HTZ	F	0.0%
UWMC	D	0.0%
MUSA	C	0.0%
MCW	F	0.0%
TFSL	D	0.0%
DBX	D	0.0%
LECO	F	0.0%
LBRDA	C	0.0%
LLYVA	C	0.0%
SEB	F	0.0%
BSY	D	0.0%
VSCO	D	0.0%
DRVN	C	0.0%
CWEN	D	0.0%
SSRM	F	0.0%
IONS	B	0.0%
BIRK	B	0.0%
CAVA	B	0.0%
HE	F	0.0%

IWD Underweight 84 Positions Relative to SSO

Symbol	Grade	Weight
MSFT	A	-5.15%
AAPL	A	-4.72%
NVDA	B	-4.67%
AMZN	A	-2.77%
META	A	-1.74%
GOOGL	A	-1.67%
GOOG	A	-1.4%
LLY	A	-1.11%
AVGO	B	-1.06%
TSLA	B	-0.84%
V	C	-0.64%
COST	A	-0.58%
MA	C	-0.56%
HD	C	-0.52%
ABBV	C	-0.46%
NFLX	A	-0.45%
ADBE	B	-0.37%
ACN	D	-0.29%
INTU	A	-0.28%
ISRG	A	-0.24%
NOW	A	-0.24%
UBER	B	-0.22%
BKNG	B	-0.21%
TJX	A	-0.19%
KLAC	B	-0.17%
PANW	B	-0.17%
LMT	C	-0.15%
ANET	A	-0.14%
BX	C	-0.14%
CRWD	B	-0.14%
SBUX	F	-0.14%
SNPS	B	-0.14%
AMT	B	-0.14%
CDNS	B	-0.13%
CMG	D	-0.13%
ZTS	C	-0.12%
ABNB	B	-0.1%
NXPI	B	-0.1%
TGT	D	-0.1%
EW	B	-0.09%
MAR	C	-0.09%
ADSK	B	-0.08%
AMP	B	-0.07%
SMCI	B	-0.07%
TEL	B	-0.07%
DXCM	D	-0.07%
CPRT	C	-0.07%
SYY	D	-0.06%
FICO	A	-0.06%
PAYX	D	-0.06%
FTNT	C	-0.06%
VRSK	A	-0.06%
MPWR	B	-0.06%
GWW	C	-0.06%
IDXX	D	-0.06%
MTD	D	-0.05%
ROK	D	-0.05%
IT	B	-0.05%
LULU	F	-0.05%
MNST	D	-0.05%
WST	F	-0.04%
DECK	C	-0.04%
RMD	C	-0.04%
TRGP	A	-0.04%
DG	F	-0.04%
CHTR	C	-0.04%
TSCO	D	-0.04%
CLX	D	-0.03%
WAT	D	-0.03%
ALGN	D	-0.03%
CBOE	D	-0.03%
DPZ	D	-0.03%
ULTA	D	-0.03%
STX	B	-0.03%
AXON	C	-0.03%
EPAM	F	-0.02%
POOL	F	-0.02%
ROL	A	-0.02%
ENPH	F	-0.02%
PODD	C	-0.02%
FDS	C	-0.02%
PAYC	F	-0.01%
DVA	C	-0.01%
MKTX	C	-0.01%