IWD vs. UMDD ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to UltraPro MidCap400 (UMDD)

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

$189.62

Average Daily Volume

1,543,421

Number of Holdings ^*

864

* may have additional holdings in another (foreign) market

UMDD

UltraPro MidCap400

UMDD Description

The investment seeks daily investment results that correspond to three times (3x) the daily performance of the S&P MidCap400Â®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.63

Average Daily Volume

14,237

Number of Holdings ^*

395

* may have additional holdings in another (foreign) market

Performance

Period	IWD	UMDD
30 Days	2.56%	11.15%
60 Days	9.52%	24.55%
90 Days	9.70%	18.51%
12 Months	30.25%	76.82%

272 Overlapping Holdings

Symbol	Grade	Weight in IWD	Weight in UMDD	Overlap
AA	B	0.04%	0.17%	0.04%
AAL	D	0.03%	0.13%	0.03%
ACHC	F	0.02%	0.1%	0.02%
ACM	A	0.06%	0.24%	0.06%
ADC	C	0.03%	0.13%	0.03%
AFG	A	0.04%	0.17%	0.04%
AGCO	D	0.02%	0.11%	0.02%
ALGM	F	0.01%	0.06%	0.01%
ALLY	F	0.03%	0.17%	0.03%
AM	A	0.01%	0.09%	0.01%
AMED	D	0.01%	0.05%	0.01%
AMG	B	0.02%	0.09%	0.02%
AMH	D	0.05%	0.21%	0.05%
AMKR	F	0.01%	0.06%	0.01%
AN	D	0.02%	0.08%	0.02%
AR	C	0.03%	0.15%	0.03%
ARMK	C	0.04%	0.18%	0.04%
ARW	C	0.03%	0.12%	0.03%
ASH	F	0.02%	0.07%	0.02%
ATR	A	0.04%	0.19%	0.04%
AVT	B	0.02%	0.08%	0.02%
AVTR	D	0.07%	0.31%	0.07%
AXTA	C	0.03%	0.14%	0.03%
AYI	A	0.04%	0.15%	0.04%
AZTA	F	0.01%	0.04%	0.01%
BC	C	0.02%	0.1%	0.02%
BERY	C	0.03%	0.14%	0.03%
BHF	D	0.01%	0.05%	0.01%
BIO	B	0.03%	0.11%	0.03%
BJ	B	0.04%	0.19%	0.04%
BLD	D	0.05%	0.21%	0.05%
BMRN	F	0.05%	0.23%	0.05%
BRBR	A	0.03%	0.14%	0.03%
BRKR	D	0.01%	0.13%	0.01%
BRX	C	0.03%	0.15%	0.03%
BWXT	A	0.03%	0.17%	0.03%
BYD	B	0.02%	0.08%	0.02%
CACI	A	0.04%	0.2%	0.04%
CAR	D	0.0%	0.03%	0.0%
CASY	D	0.05%	0.24%	0.05%
CBSH	D	0.03%	0.12%	0.03%
CC	D	0.01%	0.05%	0.01%
CCK	C	0.04%	0.2%	0.04%
CFR	B	0.03%	0.13%	0.03%
CG	B	0.04%	0.16%	0.04%
CGNX	F	0.03%	0.12%	0.03%
CHE	D	0.03%	0.16%	0.03%
CHH	A	0.0%	0.05%	0.0%
CHK	C	0.07%	0.16%	0.07%
CHRD	F	0.03%	0.14%	0.03%
CIEN	A	0.04%	0.15%	0.04%
CIVI	F	0.01%	0.08%	0.01%
CLF	D	0.02%	0.1%	0.02%
CLH	B	0.05%	0.21%	0.05%
CNH	C	0.04%	0.17%	0.04%
CNM	F	0.01%	0.15%	0.01%
CNXC	F	0.01%	0.04%	0.01%
COHR	B	0.05%	0.24%	0.05%
COKE	C	0.03%	0.14%	0.03%
COLB	C	0.02%	0.1%	0.02%
COLM	B	0.01%	0.05%	0.01%
COTY	F	0.01%	0.06%	0.01%
CPRI	C	0.02%	0.09%	0.02%
CR	A	0.03%	0.13%	0.03%
CRI	D	0.01%	0.04%	0.01%
CROX	C	0.03%	0.15%	0.03%
CRUS	D	0.03%	0.12%	0.03%
CSL	A	0.07%	0.36%	0.07%
CUBE	C	0.05%	0.21%	0.05%
CUZ	C	0.02%	0.08%	0.02%
CW	A	0.05%	0.22%	0.05%
CXT	F	0.01%	0.05%	0.01%
DAR	F	0.02%	0.1%	0.02%
DBX	C	0.02%	0.11%	0.02%
DCI	B	0.04%	0.16%	0.04%
DINO	F	0.03%	0.13%	0.03%
DKS	D	0.04%	0.21%	0.04%
DLB	D	0.02%	0.08%	0.02%
DOCS	A	0.02%	0.1%	0.02%
DTM	A	0.03%	0.13%	0.03%
EEFT	F	0.02%	0.07%	0.02%
EGP	D	0.04%	0.16%	0.04%
EHC	C	0.04%	0.17%	0.04%
ELS	D	0.05%	0.23%	0.05%
EME	B	0.05%	0.35%	0.05%
ENOV	F	0.01%	0.04%	0.01%
EPR	C	0.01%	0.06%	0.01%
ESAB	C	0.02%	0.11%	0.02%
EVR	C	0.04%	0.16%	0.04%
EWBC	B	0.04%	0.2%	0.04%
EXEL	B	0.0%	0.13%	0.0%
EXP	C	0.01%	0.17%	0.01%
EXR	D	0.15%	0.0%	0.0%
FAF	C	0.03%	0.12%	0.03%
FBIN	C	0.04%	0.19%	0.04%
FCN	C	0.03%	0.14%	0.03%
FHN	D	0.03%	0.15%	0.03%
FIVE	D	0.0%	0.09%	0.0%
FLO	D	0.02%	0.08%	0.02%
FLS	A	0.03%	0.12%	0.03%
FNB	D	0.02%	0.09%	0.02%
FND	C	0.03%	0.23%	0.03%
FNF	C	0.06%	0.28%	0.06%
FR	D	0.03%	0.13%	0.03%
FYBR	C	0.03%	0.14%	0.03%
G	A	0.03%	0.11%	0.03%
GAP	F	0.02%	0.09%	0.02%
GGG	C	0.06%	0.26%	0.06%
GLPI	C	0.05%	0.25%	0.05%
GME	D	0.03%	0.16%	0.03%
GMED	B	0.03%	0.14%	0.03%
GNTX	D	0.03%	0.12%	0.03%
GPK	D	0.04%	0.16%	0.04%
GXO	D	0.02%	0.11%	0.02%
H	B	0.02%	0.12%	0.02%
HLI	A	0.03%	0.15%	0.03%
HOG	D	0.02%	0.08%	0.02%
HRB	C	0.03%	0.16%	0.03%
HXL	F	0.02%	0.09%	0.02%
IBKR	A	0.06%	0.27%	0.06%
IDA	D	0.02%	0.1%	0.02%
ILMN	B	0.08%	0.36%	0.08%
INGR	B	0.04%	0.16%	0.04%
IPGP	D	0.01%	0.04%	0.01%
IRDM	C	0.01%	0.06%	0.01%
ITT	C	0.05%	0.21%	0.05%
JAZZ	F	0.03%	0.12%	0.03%
JEF	A	0.03%	0.17%	0.03%
JHG	A	0.02%	0.08%	0.02%
JLL	C	0.03%	0.22%	0.03%
JWN	D	0.01%	0.04%	0.01%
KBR	A	0.03%	0.15%	0.03%
KD	D	0.02%	0.09%	0.02%
KEX	C	0.03%	0.12%	0.03%
KMPR	D	0.01%	0.06%	0.01%
KNX	D	0.03%	0.15%	0.03%
KRC	C	0.02%	0.07%	0.02%
LAD	C	0.03%	0.15%	0.03%
LAMR	C	0.03%	0.21%	0.03%
LEA	F	0.02%	0.11%	0.02%
LECO	D	0.03%	0.19%	0.03%
LFUS	C	0.03%	0.12%	0.03%
LITE	A	0.02%	0.08%	0.02%
LOPE	D	0.01%	0.07%	0.01%
LPX	C	0.01%	0.12%	0.01%
LSCC	D	0.0%	0.13%	0.0%
LSTR	F	0.03%	0.12%	0.03%
M	D	0.02%	0.08%	0.02%
MAN	D	0.01%	0.06%	0.01%
MASI	B	0.01%	0.1%	0.01%
MAT	B	0.03%	0.11%	0.03%
MDU	C	0.02%	0.1%	0.02%
MIDD	D	0.03%	0.13%	0.03%
MKSI	F	0.03%	0.13%	0.03%
MSA	F	0.03%	0.12%	0.03%
MSM	D	0.02%	0.07%	0.02%
MTDR	D	0.02%	0.1%	0.02%
MTG	A	0.03%	0.12%	0.03%
MTN	D	0.0%	0.11%	0.0%
MTSI	B	0.02%	0.11%	0.02%
MTZ	A	0.03%	0.13%	0.03%
NEU	F	0.01%	0.07%	0.01%
NFG	A	0.02%	0.1%	0.02%
NNN	C	0.04%	0.16%	0.04%
NOV	F	0.03%	0.11%	0.03%
NSA	D	0.01%	0.06%	0.01%
NVST	D	0.01%	0.06%	0.01%
NVT	C	0.05%	0.2%	0.05%
NXST	D	0.01%	0.09%	0.01%
NYT	C	0.04%	0.16%	0.04%
OC	C	0.06%	0.27%	0.06%
OGE	C	0.03%	0.14%	0.03%
OHI	C	0.04%	0.18%	0.04%
OLED	B	0.02%	0.16%	0.02%
OLLI	C	0.02%	0.1%	0.02%
OLN	D	0.02%	0.1%	0.02%
ONTO	B	0.03%	0.18%	0.03%
ORI	A	0.03%	0.15%	0.03%
OSK	F	0.03%	0.11%	0.03%
OVV	D	0.04%	0.18%	0.04%
OZK	D	0.02%	0.08%	0.02%
PAG	D	0.01%	0.05%	0.01%
PB	D	0.02%	0.12%	0.02%
PFGC	A	0.04%	0.21%	0.04%
PII	D	0.02%	0.08%	0.02%
PK	D	0.01%	0.05%	0.01%
PLNT	B	0.01%	0.12%	0.01%
PNFP	B	0.03%	0.13%	0.03%
POST	C	0.02%	0.1%	0.02%
PPC	C	0.01%	0.03%	0.01%
PR	D	0.03%	0.15%	0.03%
PRGO	F	0.01%	0.06%	0.01%
PRI	A	0.04%	0.16%	0.04%
PSN	A	0.02%	0.08%	0.02%
PSTG	F	0.01%	0.27%	0.01%
PVH	D	0.02%	0.1%	0.02%
R	C	0.02%	0.11%	0.02%
RBC	C	0.03%	0.15%	0.03%
RCM	B	0.01%	0.04%	0.01%
REXR	D	0.04%	0.19%	0.04%
RGA	B	0.06%	0.25%	0.06%
RGEN	F	0.03%	0.14%	0.03%
RGLD	C	0.04%	0.16%	0.04%
RH	C	0.02%	0.09%	0.02%
RLI	A	0.02%	0.11%	0.02%
RNR	A	0.06%	0.25%	0.06%
ROIV	D	0.02%	0.09%	0.02%
RPM	A	0.05%	0.27%	0.05%
RRC	D	0.03%	0.13%	0.03%
RRX	B	0.04%	0.19%	0.04%
RS	D	0.07%	0.28%	0.07%
RYN	C	0.02%	0.08%	0.02%
SAIA	D	0.02%	0.2%	0.02%
SAIC	A	0.03%	0.12%	0.03%
SAM	D	0.01%	0.04%	0.01%
SCI	D	0.04%	0.2%	0.04%
SEIC	B	0.03%	0.12%	0.03%
SF	A	0.04%	0.17%	0.04%
SHC	C	0.01%	0.04%	0.01%
SKX	B	0.03%	0.16%	0.03%
SLGN	B	0.02%	0.07%	0.02%
SLM	B	0.02%	0.09%	0.02%
SMG	C	0.01%	0.06%	0.01%
SNV	D	0.02%	0.11%	0.02%
SNX	C	0.04%	0.16%	0.04%
SON	D	0.02%	0.09%	0.02%
SRCL	B	0.02%	0.1%	0.02%
SSD	B	0.03%	0.14%	0.03%
ST	F	0.02%	0.09%	0.02%
STAG	D	0.03%	0.12%	0.03%
STWD	C	0.02%	0.11%	0.02%
THC	D	0.06%	0.28%	0.06%
THG	A	0.02%	0.09%	0.02%
THO	C	0.02%	0.1%	0.02%
TKO	A	0.03%	0.14%	0.03%
TKR	B	0.02%	0.09%	0.02%
TNL	B	0.01%	0.06%	0.01%
TOL	C	0.06%	0.28%	0.06%
TTC	F	0.04%	0.16%	0.04%
TTEK	A	0.04%	0.22%	0.04%
UA	B	0.01%	0.02%	0.01%
UAA	B	0.01%	0.03%	0.01%
UGI	C	0.02%	0.09%	0.02%
UNM	A	0.04%	0.18%	0.04%
USFD	C	0.06%	0.26%	0.06%
UTHR	C	0.06%	0.28%	0.06%
VAC	D	0.01%	0.04%	0.01%
VMI	B	0.02%	0.1%	0.02%
VNO	B	0.03%	0.11%	0.03%
VNT	F	0.02%	0.09%	0.02%
VOYA	A	0.03%	0.14%	0.03%
WAL	C	0.04%	0.16%	0.04%
WBS	D	0.03%	0.14%	0.03%
WCC	D	0.03%	0.13%	0.03%
WEN	B	0.01%	0.05%	0.01%
WEX	C	0.03%	0.15%	0.03%
WH	C	0.02%	0.11%	0.02%
WHR	C	0.02%	0.1%	0.02%
WLK	C	0.02%	0.09%	0.02%
WMS	D	0.03%	0.19%	0.03%
WPC	C	0.05%	0.24%	0.05%
WSM	C	0.03%	0.35%	0.03%
WSO	C	0.07%	0.3%	0.07%
WTFC	B	0.03%	0.13%	0.03%
WTRG	D	0.04%	0.17%	0.04%
WU	D	0.01%	0.07%	0.01%
WWD	C	0.04%	0.18%	0.04%
X	F	0.03%	0.14%	0.03%
XRAY	D	0.02%	0.1%	0.02%
YETI	C	0.01%	0.06%	0.01%
ZI	F	0.01%	0.05%	0.01%
ZION	D	0.03%	0.12%	0.03%

IWD Overweight 592 Positions Relative to UMDD

Symbol	Grade	Weight
BRK.A	B	3.32%
JPM	C	2.35%
XOM	A	2.14%
UNH	B	1.98%
JNJ	D	1.55%
WMT	A	1.4%
PG	D	1.26%
BAC	B	1.06%
CVX	B	1.02%
TMO	D	0.93%
LIN	C	0.91%
ACN	B	0.88%
CSCO	A	0.85%
MCD	A	0.81%
IBM	A	0.8%
ABBV	C	0.79%
ABT	C	0.78%
WFC	B	0.77%
VZ	C	0.76%
PM	D	0.74%
NEE	C	0.7%
DHR	D	0.7%
DIS	D	0.69%
RTX	A	0.66%
PFE	D	0.65%
CAT	A	0.65%
CMCSA	B	0.64%
SPGI	C	0.64%
TXN	C	0.64%
T	B	0.63%
GE	B	0.63%
LOW	C	0.62%
BLK	A	0.55%
ETN	B	0.52%
COP	D	0.51%
BSX	A	0.49%
CB	A	0.47%
C	B	0.47%
KO	C	0.47%
PLD	D	0.46%
MDT	C	0.46%
GS	B	0.45%
HON	C	0.45%
MS	A	0.45%
MU	D	0.44%
ADI	B	0.44%
BMY	A	0.43%
GILD	A	0.42%
DE	C	0.42%
TMUS	A	0.4%
ELV	F	0.4%
REGN	D	0.4%
UPS	D	0.39%
MDLZ	D	0.39%
SO	A	0.39%
MMC	D	0.38%
INTC	D	0.38%
AXP	A	0.37%
DUK	C	0.36%
SYK	C	0.36%
ICE	A	0.36%
AMD	C	0.35%
MO	D	0.35%
LMT	A	0.35%
CI	D	0.35%
SCHW	D	0.34%
HD	A	0.33%
GD	C	0.33%
PH	A	0.32%
CME	A	0.32%
WELL	C	0.31%
CVS	D	0.31%
UNP	F	0.31%
EQIX	C	0.31%
PYPL	A	0.31%
BA	F	0.3%
NOC	B	0.3%
FCX	B	0.29%
EOG	B	0.29%
USB	C	0.28%
BDX	C	0.28%
GEV	A	0.28%
CEG	A	0.28%
TGT	C	0.28%
FI	A	0.28%
PNC	C	0.28%
CSX	D	0.27%
AON	A	0.27%
APD	C	0.26%
CARR	A	0.26%
KKR	A	0.25%
TDG	A	0.25%
CRH	C	0.25%
EMR	B	0.25%
NEM	C	0.25%
AFL	A	0.25%
VRTX	D	0.24%
FDX	F	0.24%
SLB	D	0.24%
MMM	C	0.24%
DHI	C	0.23%
AJG	C	0.23%
TT	A	0.23%
HCA	C	0.23%
MPC	D	0.23%
ROP	D	0.23%
O	C	0.22%
MRVL	C	0.22%
COF	A	0.22%
PSX	D	0.22%
TFC	D	0.22%
NSC	C	0.22%
WMB	A	0.22%
MAR	A	0.22%
DLR	C	0.21%
CCI	D	0.21%
BK	A	0.21%
SRE	C	0.21%
TRV	B	0.21%
OKE	A	0.21%
AEP	C	0.21%
TJX	D	0.21%
PEP	F	0.2%
GM	D	0.2%
PCAR	D	0.2%
JCI	C	0.2%
FIS	A	0.19%
AIG	C	0.19%
MET	A	0.19%
PSA	C	0.19%
ITW	C	0.19%
D	A	0.19%
CMI	A	0.18%
LEN	C	0.18%
PEG	A	0.18%
LHX	A	0.18%
GIS	C	0.17%
OTIS	A	0.17%
ALL	A	0.17%
F	D	0.17%
PCG	C	0.17%
PRU	B	0.17%
A	B	0.17%
KVUE	C	0.17%
KMI	A	0.17%
VLO	F	0.17%
KDP	C	0.16%
IR	A	0.16%
CTVA	A	0.16%
URI	C	0.16%
EXC	C	0.16%
SPG	A	0.16%
ACGL	A	0.16%
NKE	D	0.16%
STZ	D	0.16%
MCHP	F	0.16%
RSG	D	0.16%
NUE	D	0.15%
GEHC	C	0.15%
BKR	B	0.15%
DD	C	0.15%
MCK	F	0.15%
IQV	F	0.15%
CL	D	0.15%
ROST	D	0.15%
KR	C	0.15%
FERG	F	0.15%
CBRE	C	0.15%
CTSH	B	0.15%
AMGN	D	0.15%
EA	D	0.15%
DOW	B	0.15%
HWM	A	0.15%
CRM	B	0.15%
MSI	A	0.15%
CNC	F	0.15%
AME	C	0.15%
DFS	A	0.14%
GLW	C	0.14%
VICI	C	0.14%
HIG	A	0.14%
OXY	D	0.14%
XEL	C	0.14%
ED	C	0.14%
AVB	C	0.13%
WAB	A	0.13%
DAL	C	0.13%
XYL	C	0.13%
EBAY	A	0.13%
EIX	C	0.13%
FANG	D	0.13%
HUM	F	0.13%
PAYX	B	0.12%
PHM	C	0.12%
PWR	A	0.12%
NDAQ	C	0.12%
CSGP	F	0.12%
ON	F	0.12%
PPG	D	0.12%
WEC	B	0.12%
WTW	C	0.12%
CHTR	D	0.12%
MLM	F	0.12%
MTD	C	0.12%
KHC	F	0.12%
APH	D	0.12%
EW	F	0.12%
DTE	B	0.11%
GRMN	D	0.11%
RCL	B	0.11%
KEYS	B	0.11%
FTV	C	0.11%
ANSS	D	0.11%
HLT	A	0.11%
ROK	D	0.11%
BIIB	F	0.11%
EQR	C	0.11%
KMB	D	0.11%
ETR	A	0.11%
ADM	F	0.11%
AWK	D	0.11%
NVR	C	0.11%
EFX	D	0.11%
FITB	C	0.11%
MTB	A	0.11%
HSY	D	0.1%
YUM	C	0.1%
VMC	D	0.1%
PPL	C	0.1%
WY	C	0.1%
SBUX	B	0.1%
LYB	B	0.1%
DVN	F	0.1%
RMD	C	0.1%
SW	C	0.1%
CHD	D	0.1%
GPN	F	0.1%
FE	C	0.1%
FSLR	C	0.1%
VTR	C	0.1%
HPQ	B	0.1%
HPE	B	0.1%
DELL	C	0.1%
TTWO	D	0.1%
SBAC	C	0.1%
DOV	C	0.1%
STT	A	0.1%
IFF	D	0.1%
HAL	D	0.1%
WDC	C	0.09%
FCNCA	D	0.09%
BBY	C	0.09%
ZBH	F	0.09%
CBOE	B	0.09%
LDOS	A	0.09%
HUBB	A	0.09%
STE	D	0.09%
RJF	B	0.09%
AEE	A	0.09%
PGR	B	0.09%
TROW	D	0.09%
ES	D	0.09%
MSTR	B	0.09%
TRU	C	0.08%
CNP	B	0.08%
PKG	B	0.08%
APTV	D	0.08%
STLD	C	0.08%
SYF	A	0.08%
GPC	D	0.08%
PFG	A	0.08%
WBD	F	0.08%
OMC	C	0.08%
EQT	C	0.08%
ARE	D	0.08%
TDY	A	0.08%
LNG	A	0.08%
MRNA	F	0.08%
HBAN	B	0.08%
RF	B	0.08%
BALL	C	0.08%
ATO	A	0.08%
CINF	A	0.08%
K	B	0.08%
CMS	A	0.08%
COO	C	0.08%
MKC	C	0.08%
INVH	D	0.08%
BLDR	C	0.08%
SQ	D	0.08%
AMCR	C	0.07%
J	F	0.07%
SUI	D	0.07%
WRB	C	0.07%
TSN	D	0.07%
SWK	C	0.07%
DGX	D	0.07%
IP	C	0.07%
APO	A	0.07%
NTRS	B	0.07%
LUV	B	0.07%
CCL	C	0.07%
CTRA	D	0.07%
CFG	C	0.07%
ZM	B	0.07%
MAA	D	0.07%
UAL	A	0.07%
HOLX	D	0.07%
LH	D	0.07%
MAS	C	0.07%
DG	F	0.07%
MSCI	B	0.07%
ESS	D	0.07%
BAX	D	0.07%
JBHT	D	0.06%
BRO	A	0.06%
L	C	0.06%
DLTR	F	0.06%
EG	A	0.06%
EL	D	0.06%
AES	C	0.06%
CDW	D	0.06%
ZBRA	B	0.06%
SYY	D	0.06%
IRM	B	0.06%
GEN	A	0.06%
UDR	C	0.06%
VRSN	C	0.06%
NDSN	C	0.06%
TRMB	B	0.06%
HOOD	B	0.06%
SNA	C	0.06%
VLTO	A	0.06%
AKAM	D	0.06%
KEY	B	0.06%
EXPD	D	0.06%
KIM	C	0.06%
SWKS	F	0.06%
RVTY	C	0.06%
MKL	B	0.06%
MRO	B	0.06%
ZTS	C	0.06%
CAG	D	0.06%
NI	A	0.06%
LNT	B	0.06%
DOC	C	0.06%
SSNC	C	0.06%
CF	A	0.06%
PNR	C	0.06%
IEX	D	0.06%
TXT	F	0.06%
NRG	A	0.05%
KMX	F	0.05%
QCOM	D	0.05%
TFX	C	0.05%
IPG	D	0.05%
FTI	B	0.05%
JBL	C	0.05%
TECH	D	0.05%
HST	D	0.05%
CVNA	A	0.05%
SJM	D	0.05%
BXP	B	0.05%
ALLE	A	0.05%
JNPR	C	0.05%
CPT	C	0.05%
CHRW	C	0.05%
FFIV	B	0.05%
EMN	C	0.05%
UHS	D	0.05%
JKHY	A	0.05%
AMAT	C	0.05%
REG	C	0.05%
VTRS	D	0.05%
HES	D	0.05%
EVRG	C	0.05%
BG	F	0.05%
NTAP	D	0.05%
FTNT	A	0.04%
AFRM	C	0.04%
MGM	D	0.04%
HSIC	D	0.04%
DRI	C	0.04%
GL	C	0.04%
HRL	F	0.04%
SOLV	C	0.04%
CPB	D	0.04%
APA	F	0.04%
WYNN	B	0.04%
FRT	D	0.04%
QRVO	F	0.04%
MKTX	B	0.04%
FOXA	B	0.04%
MTCH	B	0.04%
DPZ	D	0.04%
NTNX	C	0.04%
CRL	F	0.04%
NLY	C	0.04%
FWONK	D	0.04%
NWSA	D	0.04%
DOX	B	0.04%
TAP	D	0.04%
EPAM	F	0.04%
INCY	B	0.04%
Z	C	0.04%
PNW	C	0.04%
HII	F	0.04%
AIZ	B	0.04%
LKQ	F	0.04%
TPR	B	0.04%
AOS	C	0.04%
CTLT	A	0.04%
CAH	B	0.04%
CE	D	0.04%
AVY	D	0.04%
RPRX	D	0.04%
ALB	D	0.04%
FDS	C	0.04%
AZPN	A	0.03%
IVZ	A	0.03%
LW	D	0.03%
FAST	C	0.03%
OKTA	F	0.03%
LBRDK	C	0.03%
SOFI	C	0.03%
BFAM	C	0.03%
HR	D	0.03%
RHI	D	0.03%
CART	B	0.03%
VFC	A	0.03%
BBWI	F	0.03%
FICO	C	0.03%
ELAN	D	0.03%
MOH	F	0.03%
MNST	D	0.03%
APG	F	0.03%
EXAS	C	0.03%
ALGN	D	0.03%
AGNC	B	0.03%
CMA	C	0.03%
RL	B	0.03%
ACI	F	0.03%
SHW	C	0.03%
COLD	D	0.03%
ROKU	C	0.03%
BWA	C	0.03%
GWRE	A	0.03%
ATI	C	0.03%
FMC	C	0.03%
DAY	C	0.03%
WAT	B	0.03%
PTC	B	0.03%
ADP	A	0.03%
MHK	C	0.03%
ECL	C	0.03%
ALSN	A	0.03%
RIVN	F	0.03%
BKNG	B	0.03%
WST	D	0.03%
TWLO	B	0.03%
MOS	F	0.03%
TW	A	0.03%
CZR	B	0.03%
IAC	C	0.02%
AWI	A	0.02%
GFS	F	0.02%
ALNY	C	0.02%
HUN	B	0.02%
BILL	D	0.02%
UHAL	C	0.02%
AGO	B	0.02%
AMP	A	0.02%
SITE	D	0.02%
FRPT	A	0.02%
WTM	C	0.02%
AL	D	0.02%
AZO	D	0.02%
LINE	F	0.02%
GNRC	B	0.02%
OGN	F	0.02%
WSC	D	0.02%
CCCS	D	0.02%
W	C	0.02%
LNC	B	0.02%
OMF	D	0.02%
FOX	B	0.02%
COIN	F	0.02%
ORLY	A	0.02%
S	C	0.02%
SIRI	C	0.02%
RITM	D	0.02%
BEN	F	0.02%
ALK	C	0.02%
SN	A	0.02%
GWW	B	0.02%
ESI	C	0.02%
AXS	A	0.02%
BPOP	D	0.02%
DASH	A	0.02%
PARA	F	0.02%
WBA	F	0.02%
HAS	A	0.01%
SNDR	D	0.01%
CERT	F	0.01%
LYFT	D	0.01%
TRIP	D	0.01%
INFA	D	0.01%
FTRE	F	0.01%
REYN	D	0.01%
GO	F	0.01%
TER	C	0.01%
LEG	D	0.01%
BIRK	F	0.01%
LEN	C	0.01%
VSTS	D	0.01%
QS	F	0.01%
AZEK	D	0.01%
PINC	F	0.01%
ADT	D	0.01%
GLOB	D	0.01%
ETSY	F	0.01%
BROS	F	0.01%
HAYW	C	0.01%
BR	B	0.01%
AAP	F	0.01%
KSS	D	0.01%
MP	C	0.01%
BOKF	B	0.01%
QDEL	D	0.01%
LLYVK	B	0.01%
HHH	C	0.01%
ULTA	D	0.01%
VIRT	B	0.01%
CWEN	C	0.01%
SPB	C	0.01%
AGR	C	0.01%
CLVT	D	0.01%
RKT	D	0.01%
PENN	D	0.01%
SEE	C	0.01%
FHB	D	0.01%
LCID	F	0.01%
ZG	C	0.01%
CPRT	B	0.01%
PAYC	D	0.01%
NWS	D	0.01%
NWL	D	0.01%
AMTM	D	0.01%
SPR	D	0.01%
VNOM	A	0.01%
MPW	C	0.01%
HIW	C	0.01%
LBTYK	C	0.01%
LBTYA	C	0.01%
DNB	D	0.01%
GTES	C	0.01%
U	D	0.01%
MSGS	A	0.01%
CTAS	C	0.01%
DXC	C	0.01%
TYL	D	0.01%
TPG	A	0.01%
SEG	F	0.0%
LOAR	B	0.0%
PARAA	D	0.0%
UWMC	D	0.0%
NFE	F	0.0%
UHAL	C	0.0%
LAZ	C	0.0%
DJT	F	0.0%
GRAL	F	0.0%
IONS	F	0.0%
UI	B	0.0%
PLTK	C	0.0%
CACC	F	0.0%
TFSL	D	0.0%
TXG	F	0.0%
PATH	D	0.0%
SEB	F	0.0%
PYCR	D	0.0%
LLYVA	B	0.0%
AS	B	0.0%
NCNO	F	0.0%
HCP	A	0.0%
FWONA	C	0.0%
DV	F	0.0%
ALAB	C	0.0%
CWEN	C	0.0%
CNA	D	0.0%
LBRDA	C	0.0%
WOLF	F	0.0%
DDS	D	0.0%

IWD Underweight 123 Positions Relative to UMDD

Symbol	Grade	Weight
LII	C	-0.34%
MANH	A	-0.3%
TPL	A	-0.29%
BURL	C	-0.29%
DT	B	-0.28%
RBA	D	-0.26%
FIX	A	-0.24%
EQH	B	-0.23%
XPO	F	-0.22%
TXRH	A	-0.21%
SRPT	F	-0.21%
WING	C	-0.21%
NBIX	F	-0.2%
SFM	A	-0.19%
KNSL	B	-0.18%
DUOL	B	-0.18%
TPX	C	-0.17%
CHDN	C	-0.17%
MUSA	D	-0.16%
MEDP	F	-0.15%
FN	B	-0.15%
AIT	B	-0.15%
MORN	B	-0.15%
SWN	D	-0.14%
UFPI	C	-0.14%
LNW	F	-0.14%
FLR	B	-0.14%
ANF	D	-0.13%
TREX	D	-0.13%
AAON	A	-0.13%
HALO	D	-0.13%
TMHC	C	-0.13%
SSB	C	-0.13%
PEN	D	-0.13%
LNTH	C	-0.13%
CVLT	B	-0.12%
RYAN	A	-0.12%
ESNT	A	-0.12%
ALV	F	-0.12%
HLNE	A	-0.12%
HQY	B	-0.12%
PCTY	C	-0.12%
CBT	B	-0.11%
EXLS	B	-0.11%
ELF	F	-0.11%
KBH	D	-0.11%
CYTK	D	-0.11%
WFRD	F	-0.11%
CMC	D	-0.11%
NOVT	C	-0.11%
MMS	C	-0.1%
ALTR	B	-0.1%
SIGI	D	-0.1%
WTS	C	-0.1%
CHX	C	-0.1%
CADE	B	-0.1%
KRG	C	-0.1%
EXPO	A	-0.1%
ONB	D	-0.1%
CELH	F	-0.09%
CNX	A	-0.09%
POR	D	-0.09%
UBSI	D	-0.09%
HOMB	D	-0.09%
KNF	B	-0.09%
BCO	C	-0.09%
GBCI	B	-0.09%
GTLS	D	-0.09%
OPCH	F	-0.09%
VVV	D	-0.09%
APPF	C	-0.09%
SBRA	C	-0.08%
HWC	D	-0.08%
WMG	D	-0.08%
SWX	C	-0.08%
RMBS	F	-0.08%
AVNT	C	-0.08%
IRT	D	-0.08%
UMBF	C	-0.08%
NJR	C	-0.08%
GATX	F	-0.08%
QLYS	F	-0.08%
FFIN	D	-0.08%
BDC	A	-0.08%
MUR	F	-0.08%
SLAB	D	-0.07%
VLY	C	-0.07%
SR	D	-0.07%
PNM	B	-0.07%
ENS	B	-0.07%
HAE	F	-0.07%
ORA	C	-0.07%
ASGN	D	-0.07%
OGS	C	-0.07%
BKH	C	-0.07%
IBOC	D	-0.06%
ASB	D	-0.06%
PCH	C	-0.06%
TCBI	B	-0.06%
NEOG	F	-0.06%
BLKB	C	-0.06%
LANC	F	-0.06%
CDP	A	-0.06%
NWE	C	-0.06%
TEX	F	-0.06%
POWI	F	-0.06%
ALE	A	-0.06%
CNO	B	-0.06%
VAL	F	-0.06%
VC	F	-0.05%
GHC	A	-0.05%
LIVN	C	-0.05%
FHI	A	-0.05%
TDC	D	-0.05%
SYNA	F	-0.05%
PBF	F	-0.05%
NSP	F	-0.05%
VSH	F	-0.04%
HGV	F	-0.04%
ARWR	F	-0.04%
GT	F	-0.04%
GEF	B	-0.03%
SLG	C	-0.0%