IWD vs. USXF ETF Comparison

Comparison of iShares Russell 1000 Value ETF (IWD) to iShares ESG Advanced MSCI USA ETF (USXF)

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

USXF

iShares ESG Advanced MSCI USA ETF

USXF Description

The investment seeks to track the investment results of the MSCI USA Choice ESG Screened Index (the “underlying index”). The underlying index is a free float-adjusted market capitalization-weighted index designed to reflect the equity performance of large- and mid-capitalization U.S. companies with favorable environmental, social and governance (“ESG”) ratings while applying extensive screens, including removing fossil fuel exposure. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$51.89

Average Daily Volume

82,986

Number of Holdings ^*

347

* may have additional holdings in another (foreign) market

Performance

Period	IWD	USXF
30 Days	3.53%	3.47%
60 Days	4.90%	6.46%
90 Days	6.95%	6.86%
12 Months	29.54%	38.85%

286 Overlapping Holdings

	Symbol	Grade	Weight in IWD	Weight in USXF	Overlap
	A	D	0.15%	0.18%	0.15%
	ACGL	D	0.14%	0.17%	0.14%
	ACM	A	0.06%	0.07%	0.06%
	ADI	D	0.4%	0.5%	0.4%
	ADP	B	0.03%	0.58%	0.03%
	AFL	B	0.24%	0.29%	0.24%
	AIG	B	0.19%	0.24%	0.19%
	AIZ	A	0.04%	0.05%	0.04%
	AJG	B	0.23%	0.31%	0.23%
	AKAM	D	0.05%	0.06%	0.05%
	ALGN	D	0.03%	0.08%	0.03%
	ALLE	D	0.05%	0.06%	0.05%
	ALLY	C	0.03%	0.05%	0.03%
	ALNY	D	0.01%	0.14%	0.01%
	AMAT	F	0.04%	0.67%	0.04%
	AMD	F	0.29%	1.08%	0.29%
	AME	A	0.17%	0.22%	0.17%
	AMGN	D	0.13%	0.72%	0.13%
	AMH	D	0.05%	0.06%	0.05%
	AMP	A	0.02%	0.27%	0.02%
	ANSS	B	0.11%	0.14%	0.11%
	AON	A	0.29%	0.36%	0.29%
	AOS	F	0.03%	0.04%	0.03%
	APD	A	0.27%	0.35%	0.27%
	APH	A	0.14%	0.41%	0.14%
	APO	B	0.08%	0.32%	0.08%
	ARE	D	0.07%	0.08%	0.07%
	AVB	B	0.13%	0.16%	0.13%
	AVTR	F	0.05%	0.06%	0.05%
	AVY	D	0.04%	0.08%	0.04%
	AWK	D	0.1%	0.13%	0.1%
	AXP	A	0.39%	0.79%	0.39%
	AZO	C	0.02%	0.26%	0.02%
	AZPN	A	0.03%	0.03%	0.03%
	BALL	D	0.07%	0.09%	0.07%
	BBWI	D	0.03%	0.03%	0.03%
	BBY	D	0.08%	0.09%	0.08%
	BEN	C	0.02%	0.03%	0.02%
	BIIB	F	0.09%	0.11%	0.09%
	BIO	D	0.02%	0.03%	0.02%
	BK	A	0.22%	0.28%	0.22%
	BKNG	A	0.04%	0.81%	0.04%
	BLDR	D	0.07%	0.1%	0.07%
	BLK	C	0.6%	0.73%	0.6%
	BMRN	D	0.05%	0.06%	0.05%
	BR	A	0.01%	0.13%	0.01%
	BRO	B	0.06%	0.13%	0.06%
	BXP	D	0.05%	0.06%	0.05%
	CAG	D	0.05%	0.06%	0.05%
	CB	C	0.45%	0.53%	0.45%
	CBOE	B	0.08%	0.1%	0.08%
	CBRE	B	0.16%	0.2%	0.16%
	CCI	D	0.18%	0.22%	0.18%
	CCK	C	0.04%	0.05%	0.04%
	CDW	F	0.05%	0.11%	0.05%
	CF	B	0.06%	0.08%	0.06%
	CG	A	0.04%	0.06%	0.04%
	CHD	B	0.1%	0.13%	0.1%
	CHRW	C	0.05%	0.06%	0.05%
	CHTR	C	0.14%	0.17%	0.14%
	CMCSA	B	0.64%	0.8%	0.64%
	CME	A	0.32%	0.4%	0.32%
	CMI	A	0.19%	0.24%	0.19%
	CNH	C	0.04%	0.05%	0.04%
	COF	B	0.27%	0.33%	0.27%
	CPB	D	0.03%	0.04%	0.03%
	CPRT	A	0.01%	0.23%	0.01%
	CRH	A	0.26%	0.33%	0.26%
	CRL	C	0.04%	0.05%	0.04%
	CSGP	D	0.11%	0.14%	0.11%
	CSL	C	0.07%	0.1%	0.07%
	CTAS	B	0.01%	0.38%	0.01%
	CTLT	B	0.04%	0.05%	0.04%
	CTSH	B	0.15%	0.18%	0.15%
	DASH	A	0.03%	0.26%	0.03%
	DAY	B	0.04%	0.06%	0.04%
	DE	A	0.39%	0.5%	0.39%
	DFS	B	0.17%	0.21%	0.17%
	DG	F	0.06%	0.08%	0.06%
	DGX	A	0.07%	0.09%	0.07%
	DHI	D	0.19%	0.23%	0.19%
	DHR	F	0.58%	0.74%	0.58%
	DLR	B	0.23%	0.29%	0.23%
	DOC	D	0.06%	0.07%	0.06%
	DOV	A	0.11%	0.13%	0.11%
	DPZ	C	0.04%	0.07%	0.04%
	DRI	B	0.04%	0.09%	0.04%
	EA	A	0.17%	0.2%	0.17%
	EBAY	D	0.12%	0.15%	0.12%
	EG	C	0.05%	0.08%	0.05%
	EL	F	0.04%	0.07%	0.04%
	ELV	F	0.3%	0.44%	0.3%
	EME	C	0.05%	0.12%	0.05%
	EPAM	C	0.05%	0.06%	0.05%
	EQIX	A	0.31%	0.42%	0.31%
	EQR	B	0.11%	0.12%	0.11%
	ETN	A	0.56%	0.7%	0.56%
	EW	C	0.13%	0.2%	0.13%
	EXAS	D	0.02%	0.05%	0.02%
	EXPD	D	0.06%	0.08%	0.06%
	FAST	B	0.03%	0.22%	0.03%
	FBIN	D	0.04%	0.04%	0.04%
	FDS	B	0.05%	0.09%	0.05%
	FERG	B	0.15%	0.2%	0.15%
	FFIV	B	0.05%	0.07%	0.05%
	FI	A	0.32%	0.6%	0.32%
	FICO	B	0.03%	0.27%	0.03%
	FIS	C	0.19%	0.23%	0.19%
	FSLR	F	0.08%	0.09%	0.08%
	FTNT	C	0.04%	0.28%	0.04%
	FTV	C	0.1%	0.13%	0.1%
	FWONK	B	0.04%	0.08%	0.04%
	GEHC	F	0.13%	0.17%	0.13%
	GEN	B	0.06%	0.08%	0.06%
	GEV	B	0.35%	0.45%	0.35%
	GIS	D	0.14%	0.17%	0.14%
	GLW	B	0.14%	0.19%	0.14%
	GPC	D	0.07%	0.08%	0.07%
	GPN	B	0.12%	0.14%	0.12%
	GRMN	B	0.13%	0.15%	0.13%
	GWW	B	0.03%	0.25%	0.03%
	H	B	0.02%	0.03%	0.02%
	HBAN	A	0.1%	0.12%	0.1%
	HCA	F	0.19%	0.32%	0.19%
	HD	A	0.32%	1.94%	0.32%
	HIG	B	0.13%	0.17%	0.13%
	HLT	A	0.12%	0.3%	0.12%
	HOLX	D	0.07%	0.09%	0.07%
	HPE	B	0.11%	0.13%	0.11%
	HRL	D	0.03%	0.04%	0.03%
	HSIC	B	0.03%	0.05%	0.03%
	HST	C	0.05%	0.06%	0.05%
	HUBB	B	0.09%	0.12%	0.09%
	HUM	C	0.13%	0.16%	0.13%
	HWM	A	0.17%	0.22%	0.17%
	ICE	C	0.34%	0.43%	0.34%
	IEX	B	0.07%	0.08%	0.07%
	IFF	D	0.09%	0.11%	0.09%
	ILMN	D	0.08%	0.1%	0.08%
	INCY	C	0.04%	0.06%	0.04%
	INTC	D	0.4%	0.49%	0.4%
	INVH	D	0.08%	0.1%	0.08%
	IP	B	0.08%	0.09%	0.08%
	IPG	D	0.04%	0.05%	0.04%
	IQV	D	0.12%	0.17%	0.12%
	IR	B	0.16%	0.2%	0.16%
	IRM	D	0.06%	0.16%	0.06%
	ITW	B	0.2%	0.38%	0.2%
	JBHT	C	0.06%	0.07%	0.06%
	JBL	B	0.05%	0.07%	0.05%
	JKHY	D	0.05%	0.06%	0.05%
	JNPR	F	0.05%	0.05%	0.05%
	K	A	0.08%	0.11%	0.08%
	KDP	D	0.14%	0.17%	0.14%
	KEY	B	0.07%	0.09%	0.07%
	KEYS	A	0.1%	0.13%	0.1%
	KIM	A	0.06%	0.08%	0.06%
	KMX	B	0.04%	0.06%	0.04%
	KNX	B	0.03%	0.04%	0.03%
	KVUE	A	0.18%	0.22%	0.18%
	LIN	D	0.84%	1.03%	0.84%
	LKQ	D	0.04%	0.05%	0.04%
	LOW	D	0.6%	0.71%	0.6%
	LW	C	0.03%	0.05%	0.03%
	MAS	D	0.07%	0.08%	0.07%
	MCHP	D	0.13%	0.17%	0.13%
	MKC	D	0.07%	0.09%	0.07%
	MKTX	D	0.04%	0.05%	0.04%
	MLM	B	0.13%	0.17%	0.13%
	MMC	B	0.37%	0.52%	0.37%
	MOH	F	0.02%	0.08%	0.02%
	MOS	F	0.03%	0.04%	0.03%
	MRNA	F	0.05%	0.06%	0.05%
	MRVL	B	0.27%	0.37%	0.27%
	MS	A	0.57%	0.77%	0.57%
	MSTR	C	0.19%	0.32%	0.19%
	MTB	A	0.14%	0.17%	0.14%
	MTD	D	0.1%	0.12%	0.1%
	MU	D	0.41%	0.52%	0.41%
	NDAQ	A	0.13%	0.17%	0.13%
	NDSN	B	0.06%	0.07%	0.06%
	NEM	D	0.18%	0.24%	0.18%
	NLY	C	0.04%	0.05%	0.04%
	NTAP	C	0.05%	0.12%	0.05%
	NTRS	A	0.08%	0.11%	0.08%
	NVR	D	0.1%	0.13%	0.1%
	OC	A	0.07%	0.08%	0.07%
	OKTA	C	0.03%	0.06%	0.03%
	OMC	C	0.07%	0.09%	0.07%
	ON	D	0.11%	0.14%	0.11%
	ORLY	B	0.02%	0.34%	0.02%
	OTIS	C	0.16%	0.2%	0.16%
	PAYC	B	0.02%	0.05%	0.02%
	PAYX	C	0.11%	0.22%	0.11%
	PCAR	B	0.22%	0.28%	0.22%
	PFG	D	0.08%	0.1%	0.08%
	PGR	A	0.09%	0.72%	0.09%
	PH	A	0.35%	0.43%	0.35%
	PHM	D	0.1%	0.13%	0.1%
	PKG	A	0.08%	0.1%	0.08%
	PLD	D	0.41%	0.51%	0.41%
	PNC	B	0.32%	0.39%	0.32%
	PNR	A	0.07%	0.08%	0.07%
	PPG	F	0.11%	0.14%	0.11%
	PRU	A	0.18%	0.22%	0.18%
	PSA	D	0.18%	0.25%	0.18%
	PSTG	D	0.01%	0.07%	0.01%
	PTC	A	0.03%	0.11%	0.03%
	PWR	A	0.13%	0.23%	0.13%
	PYPL	B	0.34%	0.4%	0.34%
	QCOM	F	0.04%	0.88%	0.04%
	QRVO	F	0.02%	0.03%	0.02%
	RCL	A	0.14%	0.28%	0.14%
	REG	B	0.05%	0.06%	0.05%
	REGN	F	0.28%	0.39%	0.28%
	RF	A	0.09%	0.12%	0.09%
	RJF	A	0.12%	0.15%	0.12%
	RMD	C	0.1%	0.17%	0.1%
	ROK	B	0.12%	0.15%	0.12%
	ROP	B	0.23%	0.28%	0.23%
	ROST	C	0.14%	0.22%	0.14%
	RPM	A	0.05%	0.08%	0.05%
	RPRX	D	0.04%	0.05%	0.04%
	RS	B	0.07%	0.08%	0.07%
	RSG	A	0.17%	0.22%	0.17%
	RVTY	F	0.05%	0.06%	0.05%
	SBAC	D	0.09%	0.11%	0.09%
	SCHW	B	0.42%	0.58%	0.42%
	SHW	A	0.03%	0.43%	0.03%
	SJM	D	0.04%	0.06%	0.04%
	SNA	A	0.07%	0.09%	0.07%
	SOLV	C	0.04%	0.05%	0.04%
	SPG	B	0.17%	0.28%	0.17%
	SPGI	C	0.61%	0.77%	0.61%
	STE	F	0.08%	0.1%	0.08%
	STLD	B	0.08%	0.1%	0.08%
	STT	A	0.11%	0.14%	0.11%
	SW	A	0.1%	0.13%	0.1%
	SWK	D	0.05%	0.06%	0.05%
	SWKS	F	0.05%	0.06%	0.05%
	SYF	B	0.1%	0.12%	0.1%
	SYK	C	0.39%	0.64%	0.39%
	TECH	D	0.04%	0.05%	0.04%
	TER	D	0.01%	0.08%	0.01%
	TFC	A	0.24%	0.3%	0.24%
	TFX	F	0.04%	0.04%	0.04%
	TGT	F	0.27%	0.35%	0.27%
	TJX	A	0.22%	0.65%	0.22%
	TRMB	B	0.07%	0.08%	0.07%
	TROW	B	0.1%	0.13%	0.1%
	TRU	D	0.07%	0.09%	0.07%
	TRV	B	0.23%	0.29%	0.23%
	TT	A	0.24%	0.45%	0.24%
	TTC	D	0.03%	0.04%	0.03%
	TWLO	A	0.05%	0.08%	0.05%
	TXN	C	0.63%	0.88%	0.63%
	TYL	B	0.01%	0.12%	0.01%
	UHAL	D	0.01%	0.03%	0.01%
	UHAL	D	0.0%	0.03%	0.0%
	ULTA	F	0.01%	0.08%	0.01%
	URI	B	0.16%	0.26%	0.16%
	USB	A	0.3%	0.38%	0.3%
	UTHR	C	0.06%	0.07%	0.06%
	VLTO	D	0.05%	0.12%	0.05%
	VMC	B	0.11%	0.18%	0.11%
	VRSN	F	0.06%	0.08%	0.06%
	VRTX	F	0.23%	0.56%	0.23%
	VTR	C	0.1%	0.13%	0.1%
	VZ	C	0.68%	0.85%	0.68%
	WAB	B	0.13%	0.17%	0.13%
	WAT	B	0.03%	0.1%	0.03%
	WBA	F	0.02%	0.03%	0.02%
	WBD	C	0.09%	0.11%	0.09%
	WDC	D	0.08%	0.1%	0.08%
	WELL	A	0.32%	0.4%	0.32%
	WLK	D	0.02%	0.02%	0.02%
	WPC	D	0.05%	0.06%	0.05%
	WSM	B	0.03%	0.08%	0.03%
	WSO	A	0.07%	0.09%	0.07%
	WST	C	0.04%	0.11%	0.04%
	WTW	B	0.12%	0.15%	0.12%
	XYL	D	0.11%	0.14%	0.11%
	YUM	B	0.09%	0.18%	0.09%
	ZBH	C	0.09%	0.11%	0.09%
	ZBRA	B	0.06%	0.09%	0.06%
	ZTS	D	0.05%	0.38%	0.05%

IWD Overweight 579 Positions Relative to USXF

	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%
	DIS	B	0.82%
	PM	B	0.78%
	ABT	B	0.78%
	MCD	D	0.77%
	TMO	F	0.76%
	IBM	C	0.73%
	ABBV	D	0.65%
	CAT	B	0.63%
	T	A	0.63%
	NEE	D	0.61%
	RTX	C	0.61%
	GE	D	0.59%
	PFE	D	0.55%
	GS	A	0.53%
	COP	C	0.51%
	C	A	0.51%
	BSX	B	0.5%
	HON	B	0.49%
	MDT	D	0.44%
	TMUS	B	0.44%
	BMY	B	0.44%
	GILD	C	0.43%
	KO	D	0.4%
	UPS	C	0.38%
	MO	A	0.37%
	SO	D	0.37%
	MDLZ	F	0.34%
	DUK	C	0.34%
	CI	F	0.32%
	GD	F	0.31%
	BA	F	0.31%
	EOG	A	0.3%
	LMT	D	0.3%
	UNP	C	0.29%
	KKR	A	0.28%
	EMR	A	0.28%
	NOC	D	0.27%
	CSX	B	0.27%
	WMB	A	0.27%
	FDX	B	0.26%
	CVS	D	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%
	CARR	D	0.24%
	MMM	D	0.23%
	SRE	A	0.23%
	NSC	B	0.23%
	CEG	D	0.23%
	MPC	D	0.22%
	JCI	C	0.22%
	KMI	A	0.21%
	TDG	D	0.21%
	PSX	C	0.21%
	AEP	D	0.2%
	D	C	0.19%
	MET	A	0.19%
	O	D	0.19%
	PEP	F	0.18%
	CRM	B	0.18%
	LHX	C	0.18%
	BKR	B	0.17%
	F	C	0.17%
	ALL	A	0.17%
	PEG	A	0.17%
	MCK	B	0.17%
	VLO	C	0.17%
	PCG	A	0.17%
	LEN	D	0.16%
	DAL	C	0.16%
	MSI	B	0.16%
	STZ	D	0.15%
	KR	B	0.15%
	CTVA	C	0.15%
	XEL	A	0.15%
	EXC	C	0.15%
	NKE	D	0.14%
	NUE	C	0.14%
	VICI	C	0.13%
	OXY	D	0.13%
	FANG	D	0.13%
	ED	D	0.13%
	CL	D	0.13%
	DD	D	0.13%
	EXR	D	0.13%
	UAL	A	0.12%
	CNC	D	0.12%
	DELL	C	0.12%
	TTWO	A	0.12%
	WEC	A	0.12%
	DOW	F	0.12%
	ETR	B	0.12%
	EIX	B	0.12%
	FITB	A	0.12%
	SQ	B	0.11%
	HPQ	B	0.11%
	KHC	F	0.11%
	DTE	C	0.1%
	PPL	B	0.1%
	SBUX	A	0.1%
	ADM	D	0.1%
	HAL	C	0.1%
	FCNCA	A	0.1%
	KMB	D	0.1%
	WY	D	0.09%
	CINF	A	0.09%
	EQT	B	0.09%
	LNG	B	0.09%
	FE	C	0.09%
	DVN	F	0.09%
	AEE	A	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%
	CMS	C	0.08%
	CFG	B	0.08%
	ZM	B	0.08%
	HSY	F	0.08%
	HOOD	B	0.08%
	LYB	F	0.08%
	EXE	B	0.08%
	LDOS	C	0.08%
	ES	D	0.08%
	TDY	B	0.08%
	ATO	A	0.08%
	MKL	A	0.07%
	CVNA	B	0.07%
	J	F	0.07%
	WRB	A	0.07%
	TSN	B	0.07%
	MAA	B	0.07%
	CTRA	B	0.07%
	IBKR	A	0.07%
	MSCI	C	0.07%
	ESS	B	0.07%
	SYY	B	0.06%
	EVRG	A	0.06%
	EWBC	A	0.06%
	HES	B	0.06%
	APTV	D	0.06%
	UDR	B	0.06%
	THC	D	0.06%
	AMCR	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%
	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%
	NI	A	0.06%
	Z	A	0.05%
	UHS	D	0.05%
	SOFI	A	0.05%
	CAH	B	0.05%
	EMN	D	0.05%
	SCI	B	0.05%
	NVT	B	0.05%
	NTNX	A	0.05%
	FTI	A	0.05%
	ALB	C	0.05%
	CASY	A	0.05%
	CPT	B	0.05%
	COHR	B	0.05%
	ITT	A	0.05%
	CLH	B	0.05%
	BG	F	0.05%
	GLPI	C	0.05%
	UNM	A	0.05%
	DLTR	F	0.05%
	ELS	C	0.05%
	TPR	B	0.05%
	AFRM	B	0.05%
	RNR	C	0.05%
	CW	B	0.05%
	TW	A	0.04%
	GMED	A	0.04%
	REXR	F	0.04%
	CMA	A	0.04%
	BWXT	B	0.04%
	INGR	B	0.04%
	DCI	B	0.04%
	RGLD	C	0.04%
	ORI	A	0.04%
	JEF	A	0.04%
	PNFP	B	0.04%
	BRBR	A	0.04%
	FRT	B	0.04%
	COIN	C	0.04%
	CIEN	B	0.04%
	DOX	D	0.04%
	GL	B	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%
	OHI	C	0.04%
	AFG	A	0.04%
	GME	C	0.04%
	LAD	A	0.04%
	DKS	C	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%
	PNW	B	0.04%
	FOXA	B	0.04%
	EVR	B	0.04%
	CUBE	D	0.04%
	NWSA	B	0.04%
	PFGC	B	0.04%
	TAP	C	0.04%
	ATR	B	0.04%
	AA	B	0.04%
	FHN	A	0.04%
	RRX	B	0.04%
	NRG	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%
	IVZ	B	0.03%
	LSTR	D	0.03%
	BILL	A	0.03%
	STAG	F	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%
	FMC	D	0.03%
	ALK	C	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%
	GNTX	C	0.03%
	ELAN	D	0.03%
	R	B	0.03%
	ESAB	B	0.03%
	VFC	C	0.03%
	OSK	B	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%
	MHK	D	0.03%
	LBRDK	C	0.03%
	PB	A	0.03%
	ROKU	D	0.03%
	CHE	D	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%
	BWA	D	0.03%
	G	B	0.03%
	MTCH	D	0.03%
	RRC	B	0.03%
	CHRD	D	0.03%
	ACI	C	0.03%
	CZR	F	0.03%
	SNV	B	0.03%
	X	C	0.03%
	ECL	D	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%
	EGP	F	0.03%
	RL	B	0.03%
	GPK	C	0.03%
	NYT	C	0.03%
	MTZ	B	0.03%
	CR	A	0.03%
	JLL	D	0.03%
	CBSH	A	0.03%
	OGE	B	0.03%
	FYBR	D	0.03%
	WTFC	A	0.03%
	WYNN	D	0.03%
	GWRE	A	0.03%
	ZION	B	0.03%
	BRX	A	0.03%
	TTEK	F	0.03%
	AAL	B	0.03%
	MGM	D	0.03%
	SNX	C	0.03%
	AR	B	0.03%
	HLI	B	0.03%
	AXTA	A	0.03%
	RBC	A	0.03%
	WCC	B	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%
	GFS	C	0.02%
	DLB	B	0.02%
	M	D	0.02%
	AN	C	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%
	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%
	GNRC	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%
	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%
	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%
	KD	B	0.02%
	MSA	D	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%
	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%
	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%
	PII	D	0.01%
	ACHC	F	0.01%
	FHB	A	0.01%
	CLF	F	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%
	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%
	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 62 Positions Relative to USXF

	Symbol	Grade	Weight
	NVDA	C	-17.37%
	AVGO	D	-3.51%
	V	A	-2.36%
	MA	C	-2.07%
	ADBE	C	-1.06%
	NOW	A	-1.01%
	INTU	C	-0.86%
	PANW	C	-0.6%
	ANET	C	-0.48%
	AMT	D	-0.45%
	LRCX	F	-0.44%
	MELI	D	-0.42%
	WM	A	-0.42%
	KLAC	D	-0.4%
	CRWD	B	-0.39%
	CDNS	B	-0.39%
	SNPS	B	-0.39%
	MCO	B	-0.37%
	ADSK	A	-0.32%
	NXPI	D	-0.27%
	WDAY	B	-0.26%
	VRT	B	-0.24%
	WCN	A	-0.23%
	AXON	A	-0.21%
	TEL	B	-0.21%
	ODFL	B	-0.2%
	SNOW	C	-0.19%
	TEAM	A	-0.19%
	IT	C	-0.19%
	VRSK	A	-0.19%
	DDOG	A	-0.18%
	VEEV	C	-0.16%
	HUBS	A	-0.16%
	LULU	C	-0.16%
	IDXX	F	-0.16%
	MPWR	F	-0.14%
	NET	B	-0.14%
	TSCO	D	-0.14%
	DXCM	D	-0.14%
	GDDY	A	-0.13%
	DECK	A	-0.13%
	LPLA	A	-0.11%
	LII	A	-0.1%
	CLX	B	-0.1%
	MDB	C	-0.1%
	LYV	A	-0.1%
	BAH	F	-0.09%
	PODD	C	-0.09%
	ZS	C	-0.09%
	STX	D	-0.09%
	DOCU	A	-0.08%
	MANH	D	-0.08%
	POOL	C	-0.07%
	ROL	B	-0.07%
	DT	C	-0.07%
	ENTG	D	-0.07%
	TOST	B	-0.07%
	NBIX	C	-0.06%
	IOT	A	-0.05%
	BSY	D	-0.04%
	DVA	B	-0.04%
	ENPH	F	-0.04%

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

USXF: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Semiconductors Business Services Diagnostics & Research Biotechnology Asset Management Specialty Retail Capital Markets Packaged Foods Banks - Regional - US Credit Services Software - Infrastructure Specialty Chemicals Building Materials Semiconductor Equipment & Materials Insurance Brokers Medical Devices Medical Instruments & Supplies Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Computing Insurance Electronics Semiconductor Telecommunications Aerospace Real Estate Investment Trust IBD 50 Mining Chemical Integrated Circuits Medicine Bank Biotechnology Cloud Computing Insurance Products Software As A Service Banking