IWO vs. LABU ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to Direxion Daily S&P Biotech Bull 3X Shares (LABU)

IWO

iShares Russell 2000 Growth ETF

IWO Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit growth 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 2000 Growth Index (the "underlying index"), which measures the performance of the small-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$279.68

Average Daily Volume

460,605

Number of Holdings ^*

1080

* may have additional holdings in another (foreign) market

LABU

Direxion Daily S&P Biotech Bull 3X Shares

LABU Description

The investment seeks daily investment results, of 300% of the performance of the S&P Biotechnology Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the biotechnology industry. The fund normally creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; options on securities and indices; forward contracts; reverse repurchase agreements; ETFs; and other financial instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$137.46

Average Daily Volume

1,206,729

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	IWO	LABU
30 Days	1.55%	-1.75%
60 Days	0.88%	5.97%
90 Days	7.83%	32.28%
12 Months	22.36%	59.85%

83 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in LABU	Overlap
ACAD	F	0.15%	0.43%	0.15%
ACLX	B	0.25%	0.57%	0.25%
ADMA	B	0.31%	0.44%	0.31%
AKRO	C	0.02%	0.28%	0.02%
ALEC	D	0.04%	0.05%	0.04%
ALKS	C	0.35%	0.68%	0.35%
ALT	D	0.02%	0.14%	0.02%
ANAB	C	0.06%	0.17%	0.06%
ARCT	F	0.03%	0.14%	0.03%
ARDX	D	0.11%	0.36%	0.11%
ARQT	C	0.09%	0.24%	0.09%
ARWR	F	0.2%	0.26%	0.2%
AVXL	D	0.01%	0.1%	0.01%
BBIO	D	0.18%	0.65%	0.18%
BCRX	C	0.12%	0.32%	0.12%
BPMC	D	0.43%	0.71%	0.43%
CABA	F	0.0%	0.04%	0.0%
CDMO	B	0.05%	0.18%	0.05%
CDNA	C	0.02%	0.23%	0.02%
CGEM	F	0.05%	0.16%	0.05%
CGON	C	0.04%	0.16%	0.04%
CLDX	C	0.18%	0.45%	0.18%
COGT	C	0.07%	0.17%	0.07%
CPRX	B	0.18%	0.34%	0.18%
CRNX	C	0.32%	0.51%	0.32%
CYTK	F	0.04%	1.26%	0.04%
DAWN	F	0.05%	0.18%	0.05%
DNLI	B	0.17%	0.38%	0.17%
DVAX	D	0.09%	0.31%	0.09%
DYN	D	0.21%	0.43%	0.21%
FDMT	F	0.04%	0.14%	0.04%
FOLD	D	0.25%	0.46%	0.25%
GERN	D	0.14%	0.38%	0.14%
HALO	B	0.59%	0.71%	0.59%
HRTX	F	0.0%	0.04%	0.0%
HUMA	D	0.04%	0.05%	0.04%
IDYA	F	0.23%	0.39%	0.23%
IMNM	D	0.06%	0.15%	0.06%
IMVT	D	0.13%	0.36%	0.13%
INSM	D	0.88%	0.74%	0.74%
IOVA	D	0.2%	0.57%	0.2%
IRON	D	0.01%	0.1%	0.01%
IRWD	F	0.02%	0.16%	0.02%
JANX	C	0.11%	0.32%	0.11%
KROS	C	0.13%	0.29%	0.13%
KRYS	D	0.38%	0.73%	0.38%
KURA	D	0.12%	0.22%	0.12%
KYMR	C	0.16%	0.36%	0.16%
MDGL	F	0.32%	0.76%	0.32%
MDXG	F	0.03%	0.08%	0.03%
MIRM	D	0.12%	0.25%	0.12%
MNKD	B	0.1%	0.19%	0.1%
NRIX	C	0.08%	0.29%	0.08%
NUVL	C	0.21%	0.47%	0.21%
NVAX	D	0.11%	0.28%	0.11%
OCGN	F	0.02%	0.09%	0.02%
OLMA	D	0.01%	0.11%	0.01%
ORIC	D	0.01%	0.09%	0.01%
PCVX	B	1.05%	0.96%	0.96%
PRTA	F	0.04%	0.18%	0.04%
PTCT	C	0.15%	0.29%	0.15%
PTGX	C	0.21%	0.31%	0.21%
RCKT	D	0.1%	0.2%	0.1%
RCUS	D	0.07%	0.15%	0.07%
RNA	C	0.34%	0.4%	0.34%
RVMD	C	0.33%	0.7%	0.33%
RXRX	F	0.1%	0.23%	0.1%
RYTM	B	0.21%	0.32%	0.21%
SANA	F	0.04%	0.14%	0.04%
SCLX	F	0.0%	0.07%	0.0%
SMMT	C	0.2%	0.41%	0.2%
SNDX	F	0.12%	0.29%	0.12%
SPRY	C	0.05%	0.1%	0.05%
SRRK	F	0.04%	0.1%	0.04%
STOK	C	0.04%	0.1%	0.04%
SVRA	D	0.02%	0.05%	0.02%
SWTX	F	0.2%	0.5%	0.2%
TGTX	B	0.25%	0.7%	0.25%
TWST	D	0.21%	0.41%	0.21%
VCEL	D	0.17%	0.26%	0.17%
VERA	C	0.11%	0.39%	0.11%
VRDN	C	0.08%	0.27%	0.08%
XNCR	C	0.04%	0.18%	0.04%

IWO Overweight 997 Positions Relative to LABU

Symbol	Grade	Weight
FTAI	B	0.95%
SFM	B	0.79%
ENSG	C	0.65%
FN	D	0.64%
AIT	C	0.6%
MLI	B	0.56%
ANF	D	0.55%
LNTH	C	0.55%
FLR	D	0.55%
SPSC	D	0.55%
CRS	B	0.52%
SPXC	C	0.52%
HQY	C	0.5%
NOVT	D	0.47%
BMI	B	0.47%
CWST	D	0.47%
GKOS	D	0.47%
VRNS	C	0.46%
CVLT	B	0.46%
HLNE	B	0.45%
RHP	D	0.45%
EXLS	C	0.44%
MOD	C	0.44%
NSIT	C	0.44%
MOG.A	B	0.43%
CBT	B	0.43%
CHX	D	0.42%
MMSI	B	0.42%
BCPC	C	0.42%
CSWI	B	0.42%
WTS	C	0.41%
IBP	C	0.41%
MMS	D	0.41%
EXPO	B	0.41%
FSS	D	0.4%
DY	B	0.4%
ACIW	B	0.39%
BECN	D	0.38%
BCO	B	0.38%
AVAV	D	0.38%
ALTR	C	0.38%
FFIN	B	0.37%
GTLS	F	0.37%
TMDX	C	0.37%
ZETA	B	0.37%
BOX	B	0.36%
QLYS	F	0.36%
TENB	D	0.36%
PIPR	B	0.36%
SIGI	C	0.36%
KNF	B	0.36%
ZWS	B	0.35%
VRRM	D	0.35%
BOOT	B	0.35%
FCFS	C	0.35%
FELE	C	0.34%
QTWO	B	0.34%
RMBS	F	0.34%
RDNT	B	0.34%
UFPI	C	0.32%
KTB	B	0.32%
OSCR	B	0.32%
PI	B	0.32%
ITRI	C	0.32%
SHAK	C	0.3%
HRI	C	0.3%
WK	D	0.29%
KAI	C	0.29%
MGY	C	0.29%
HAE	D	0.29%
STRL	B	0.29%
MARA	F	0.28%
CRDO	D	0.28%
ENS	C	0.28%
WHD	C	0.28%
AEIS	D	0.28%
FTDR	B	0.28%
TDW	F	0.27%
RXO	D	0.27%
BLKB	B	0.27%
AXNX	B	0.27%
LRN	B	0.27%
LANC	D	0.27%
WDFC	B	0.27%
SLAB	D	0.27%
CVCO	B	0.27%
MC	B	0.26%
ACLS	F	0.26%
CWAN	A	0.26%
POWI	F	0.26%
AXSM	C	0.26%
FORM	F	0.26%
SG	C	0.26%
IDCC	B	0.26%
PRCT	B	0.26%
EVH	C	0.26%
CBZ	F	0.25%
NXT	F	0.25%
SHOO	B	0.25%
GMS	C	0.24%
SMPL	D	0.24%
ICFI	C	0.24%
MWA	C	0.24%
HIMS	D	0.24%
GH	D	0.24%
NSP	D	0.24%
ATKR	F	0.24%
TNET	D	0.24%
BWIN	A	0.24%
CCOI	C	0.24%
ATMU	B	0.23%
ITGR	B	0.23%
PJT	B	0.23%
ENV	C	0.23%
AROC	C	0.23%
DORM	B	0.23%
SXT	C	0.23%
NE	D	0.23%
CORT	B	0.23%
TNDM	C	0.22%
AEO	D	0.22%
BHVN	D	0.22%
BL	D	0.22%
PATK	B	0.22%
LCII	C	0.22%
UPST	C	0.22%
ACVA	B	0.22%
SITM	B	0.21%
SMTC	C	0.21%
HGV	D	0.21%
GVA	B	0.21%
ROAD	B	0.21%
STEP	B	0.21%
EAT	B	0.21%
CRVL	B	0.21%
SQSP	A	0.21%
BCC	C	0.2%
SEM	D	0.2%
CARG	B	0.2%
GFF	C	0.2%
CNS	B	0.2%
RKLB	B	0.2%
APAM	C	0.2%
PRFT	A	0.2%
OPCH	C	0.2%
DOCN	B	0.2%
YOU	B	0.2%
ALRM	F	0.2%
PRIM	C	0.2%
ARCB	D	0.19%
VC	F	0.19%
NARI	F	0.19%
PRGS	C	0.19%
MGRC	F	0.19%
CNK	B	0.19%
AUR	C	0.19%
WD	B	0.19%
JJSF	C	0.19%
UFPT	C	0.18%
IOSP	D	0.18%
AMR	F	0.18%
FRSH	F	0.18%
CNMD	D	0.18%
HWKN	B	0.18%
PLMR	B	0.18%
COMP	B	0.18%
OII	D	0.18%
ASTH	B	0.18%
HBI	B	0.18%
TRN	C	0.18%
IRTC	F	0.18%
SKY	B	0.18%
VAL	F	0.17%
VCTR	B	0.17%
JOBY	F	0.17%
KLIC	D	0.17%
OSIS	C	0.17%
BDC	B	0.17%
TBBK	B	0.17%
EPAC	B	0.17%
YELP	F	0.17%
AGYS	D	0.17%
COOP	B	0.17%
KWR	D	0.17%
PGNY	F	0.16%
MTRN	D	0.16%
BATRK	D	0.16%
MQ	F	0.16%
ENR	F	0.16%
CLSK	F	0.16%
GSHD	B	0.16%
JOE	C	0.16%
RELY	D	0.16%
RPD	F	0.16%
EVTC	D	0.16%
IPAR	D	0.16%
FLYW	F	0.16%
AZZ	C	0.15%
AI	F	0.15%
HURN	C	0.15%
GOLF	F	0.15%
PRVA	D	0.15%
VERX	D	0.15%
NVCR	D	0.15%
UEC	F	0.15%
NATL	D	0.15%
AMN	F	0.14%
PAR	B	0.14%
LAUR	B	0.14%
CAKE	C	0.14%
LMAT	B	0.14%
ALG	D	0.14%
DRS	C	0.14%
AMPH	C	0.14%
BE	F	0.14%
BRZE	F	0.14%
APGE	C	0.14%
RXST	C	0.14%
KOS	F	0.14%
UPBD	D	0.13%
RDFN	C	0.13%
RAMP	F	0.13%
PRKS	C	0.13%
VYX	D	0.13%
PFSI	B	0.13%
INTA	B	0.13%
AWR	B	0.13%
ESE	B	0.12%
AVPT	C	0.12%
SXI	C	0.12%
UCTT	F	0.12%
IONQ	D	0.12%
TRUP	C	0.12%
AGM	D	0.12%
CORZ	B	0.12%
CALX	D	0.12%
PACS	B	0.12%
POWL	C	0.12%
MGNI	D	0.12%
PD	F	0.12%
PAYO	B	0.12%
OSW	C	0.12%
STAA	F	0.12%
PLUS	B	0.12%
ARVN	F	0.12%
BLBD	C	0.12%
MYRG	F	0.12%
TFIN	D	0.12%
SPT	F	0.11%
SOUN	D	0.11%
CSGS	C	0.11%
AESI	C	0.11%
JBI	F	0.11%
NGVT	F	0.11%
OCUL	C	0.11%
MGEE	B	0.11%
CHEF	C	0.11%
PSMT	B	0.11%
ENVX	F	0.11%
OTTR	D	0.11%
HLIT	C	0.11%
VECO	F	0.11%
KTOS	B	0.11%
PTON	C	0.11%
THRM	D	0.11%
TGLS	B	0.11%
USPH	D	0.1%
AVDL	F	0.1%
UPWK	D	0.1%
PHR	C	0.1%
WOR	F	0.1%
WRBY	D	0.1%
FUN	F	0.1%
INFN	B	0.1%
FUL	D	0.1%
HEES	D	0.1%
SONO	F	0.1%
FLNC	C	0.1%
JAMF	D	0.1%
IESC	C	0.1%
APPN	D	0.1%
AVDX	F	0.1%
BKE	B	0.1%
NSSC	F	0.1%
LOB	B	0.1%
ALKT	D	0.1%
WT	D	0.1%
SKT	B	0.1%
HROW	B	0.1%
EWTX	D	0.1%
ASO	C	0.09%
AGX	C	0.09%
REVG	C	0.09%
SOC	B	0.09%
SAVA	C	0.09%
ZUO	D	0.09%
ARLO	F	0.09%
EXPI	C	0.09%
AMRX	B	0.09%
SDGR	F	0.09%
SLNO	B	0.09%
KFRC	D	0.09%
HNI	B	0.09%
HRMY	B	0.09%
WWW	B	0.09%
DFIN	B	0.09%
MTTR	C	0.09%
SFBS	B	0.09%
ALHC	C	0.09%
PZZA	D	0.09%
VRTS	D	0.09%
MGPI	C	0.09%
KLG	C	0.09%
TPH	C	0.09%
PWSC	C	0.09%
TARS	C	0.09%
COLL	B	0.09%
RRR	D	0.09%
CWH	C	0.08%
PNTG	B	0.08%
VZIO	A	0.08%
ROCK	D	0.08%
EXTR	C	0.08%
OUT	B	0.08%
DNUT	D	0.08%
PWP	C	0.08%
CMPR	F	0.08%
QNST	B	0.08%
NMRA	D	0.08%
VITL	D	0.08%
KALU	F	0.08%
PLXS	B	0.08%
ARRY	F	0.08%
FIZZ	D	0.08%
PRAX	C	0.08%
TRNS	C	0.08%
COCO	C	0.08%
AMBA	C	0.08%
PLAY	F	0.08%
MXL	F	0.08%
SHLS	D	0.08%
COUR	F	0.08%
SILK	A	0.08%
AGL	F	0.08%
BKD	D	0.08%
ADEA	C	0.08%
XPEL	D	0.08%
CRAI	C	0.08%
LBPH	D	0.08%
CTS	D	0.08%
JACK	F	0.07%
ATRC	C	0.07%
IMAX	C	0.07%
NABL	D	0.07%
WLY	C	0.07%
OXM	D	0.07%
USLM	B	0.07%
PDFS	D	0.07%
ERII	D	0.07%
BLND	C	0.07%
WULF	D	0.07%
MRVI	C	0.07%
MEG	F	0.07%
LZ	D	0.07%
CDRE	C	0.07%
HLIO	D	0.07%
KNSA	C	0.07%
RVLV	B	0.07%
DFH	C	0.07%
GPOR	C	0.07%
ATEN	C	0.07%
ASGN	D	0.07%
EOLS	C	0.07%
OEC	F	0.07%
ASAN	F	0.07%
MCRI	B	0.07%
LMB	B	0.06%
PECO	B	0.06%
AUPH	C	0.06%
ACHR	F	0.06%
AMSC	D	0.06%
BTSG	B	0.06%
SMR	D	0.06%
ELVN	D	0.06%
ANIP	D	0.06%
AORT	D	0.06%
RSI	C	0.06%
SM	D	0.06%
UDMY	F	0.06%
LMND	D	0.06%
TNC	D	0.06%
GBTG	B	0.06%
XMTR	D	0.06%
GRC	D	0.06%
UTZ	C	0.06%
BLFS	D	0.06%
CLB	D	0.06%
ADUS	B	0.06%
HCI	C	0.06%
CXM	F	0.06%
PRO	F	0.06%
CECO	D	0.06%
JBSS	D	0.06%
KBH	B	0.06%
CWT	C	0.06%
DRVN	C	0.06%
BBSI	B	0.06%
LPG	F	0.05%
DBRG	D	0.05%
SLVM	B	0.05%
NN	D	0.05%
GDYN	C	0.05%
PUBM	F	0.05%
ACEL	B	0.05%
AIV	B	0.05%
TTGT	F	0.05%
URBN	D	0.05%
HI	F	0.05%
LNN	C	0.05%
IE	F	0.05%
SSTK	F	0.05%
UTI	D	0.05%
GRBK	B	0.05%
VVI	C	0.05%
RVNC	D	0.05%
AMPL	D	0.05%
AIN	D	0.05%
FSLY	D	0.05%
YEXT	C	0.05%
CVI	F	0.05%
BSIG	B	0.05%
ZIP	D	0.05%
BLMN	F	0.05%
CENX	D	0.05%
GSAT	F	0.05%
BATRA	D	0.04%
MNMD	F	0.04%
KRUS	D	0.04%
GCMG	B	0.04%
DJCO	B	0.04%
EU	F	0.04%
CASH	B	0.04%
AIR	C	0.04%
AHCO	B	0.04%
LQDT	B	0.04%
APOG	B	0.04%
CEVA	C	0.04%
PLAB	F	0.04%
SEMR	C	0.04%
HLF	F	0.04%
TNGX	F	0.04%
NRDS	D	0.04%
MYE	D	0.04%
YMAB	C	0.04%
CASS	D	0.04%
SLP	F	0.04%
UHT	B	0.04%
AMBP	C	0.04%
CCB	C	0.04%
ATGE	D	0.04%
MCW	F	0.04%
SIBN	D	0.04%
ALX	B	0.04%
EVLV	C	0.04%
PLOW	C	0.04%
TREE	C	0.04%
OSPN	B	0.04%
ARHS	F	0.04%
PTLO	C	0.04%
NEXT	F	0.04%
LQDA	F	0.04%
EVRI	C	0.04%
LPRO	D	0.04%
EVER	D	0.04%
CATX	D	0.04%
TPB	C	0.04%
HCKT	B	0.04%
ATEC	F	0.04%
IMXI	D	0.04%
BASE	F	0.04%
AXGN	B	0.04%
ACMR	F	0.04%
FA	B	0.04%
ABUS	C	0.04%
THRY	D	0.04%
XPOF	D	0.03%
DSGR	B	0.03%
DK	F	0.03%
SKWD	C	0.03%
HLMN	B	0.03%
VGR	C	0.03%
CSV	B	0.03%
CTLP	F	0.03%
CRBP	D	0.03%
GETY	D	0.03%
SRDX	D	0.03%
NPO	C	0.03%
IGT	D	0.03%
URGN	F	0.03%
FNA	F	0.03%
ROOT	F	0.03%
CRMD	B	0.03%
PLSE	C	0.03%
TTI	F	0.03%
GTHX	A	0.03%
CIFR	F	0.03%
AEHR	F	0.03%
CCS	B	0.03%
TSHA	F	0.03%
NVEC	D	0.03%
AMRC	C	0.03%
ML	F	0.03%
CERS	F	0.03%
CLMB	B	0.03%
CTRE	B	0.03%
BYND	D	0.03%
ESQ	B	0.03%
CYH	B	0.03%
BAND	D	0.03%
MLNK	C	0.03%
WVE	D	0.03%
LFST	C	0.03%
IRMD	B	0.03%
AX	D	0.03%
LEU	F	0.03%
MITK	F	0.03%
BBW	C	0.03%
ENFN	D	0.03%
IBRX	F	0.03%
CRGY	D	0.03%
WRLD	D	0.03%
GCT	F	0.03%
XERS	C	0.03%
CBL	D	0.03%
BFS	C	0.03%
DHIL	B	0.03%
BIGC	F	0.03%
IDT	C	0.03%
APLD	C	0.03%
HY	D	0.03%
WEAV	C	0.03%
KALV	F	0.03%
INOD	D	0.03%
AMSF	C	0.03%
DMRC	F	0.03%
JELD	D	0.03%
ATXS	D	0.03%
TYRA	B	0.03%
VSCO	C	0.03%
GIC	D	0.03%
PX	C	0.03%
MAX	C	0.03%
AGS	D	0.03%
ATEX	C	0.03%
FC	C	0.03%
SBGI	C	0.03%
IBTA	D	0.03%
FWRG	F	0.03%
VICR	F	0.03%
AVAH	C	0.02%
RGR	F	0.02%
MCY	C	0.02%
INDI	F	0.02%
AIP	D	0.02%
UMH	C	0.02%
UP	F	0.02%
SNCY	D	0.02%
CBRL	D	0.02%
SERA	C	0.02%
EYPT	D	0.02%
TDOC	D	0.02%
SPIR	D	0.02%
GCBC	D	0.02%
PBPB	D	0.02%
RICK	F	0.02%
PCT	C	0.02%
EGHT	F	0.02%
EWCZ	F	0.02%
EB	F	0.02%
BMEA	D	0.02%
HTLD	D	0.02%
MRTN	D	0.02%
SYNA	F	0.02%
CRCT	D	0.02%
NGNE	C	0.02%
DENN	D	0.02%
SAH	D	0.02%
NOG	D	0.02%
ABSI	F	0.02%
PRME	F	0.02%
SVV	D	0.02%
MLAB	C	0.02%
HSTM	C	0.02%
TRAK	B	0.02%
WEST	F	0.02%
TALK	D	0.02%
CTRI	F	0.02%
NVEE	F	0.02%
SNEX	C	0.02%
BLZE	F	0.02%
NMIH	B	0.02%
LAZR	F	0.02%
TMCI	F	0.02%
DOMO	F	0.02%
NTST	D	0.02%
VMD	D	0.02%
LIND	C	0.02%
SKYT	C	0.02%
SGHT	D	0.02%
OLO	D	0.02%
FBP	C	0.02%
MIR	D	0.02%
JSPR	C	0.02%
MAMA	D	0.02%
HLX	D	0.02%
RIOT	F	0.02%
SABR	D	0.02%
SFL	D	0.02%
CSTL	C	0.02%
RCEL	D	0.02%
IIIN	D	0.02%
SIGA	D	0.02%
BYRN	B	0.02%
DAVE	D	0.02%
APLT	C	0.02%
ITI	A	0.02%
METC	F	0.02%
MNTK	F	0.02%
NIC	C	0.02%
CYRX	F	0.02%
CHPT	F	0.02%
INST	D	0.02%
GRND	B	0.02%
ICHR	F	0.02%
CENTA	D	0.02%
LRMR	F	0.02%
LYTS	C	0.02%
BANF	B	0.02%
GHM	D	0.02%
DIOD	F	0.02%
SEAT	F	0.02%
WERN	D	0.02%
SEZL	B	0.02%
LUNG	D	0.02%
BWMN	F	0.02%
TH	D	0.02%
LWLG	F	0.02%
ASPN	D	0.02%
RDVT	B	0.02%
PBI	C	0.02%
LESL	F	0.02%
BJRI	D	0.02%
STER	B	0.02%
CELC	F	0.02%
PDCO	F	0.02%
NRC	F	0.02%
CAL	F	0.02%
PRG	B	0.02%
HLLY	F	0.01%
INMB	F	0.01%
DCGO	D	0.01%
VTSI	F	0.01%
ZURA	D	0.01%
CVLG	C	0.01%
OPEN	D	0.01%
FOR	C	0.01%
MCBS	B	0.01%
NGVC	B	0.01%
OVID	D	0.01%
STKS	F	0.01%
ODC	D	0.01%
STRW	D	0.01%
AKYA	D	0.01%
KRRO	F	0.01%
NRDY	F	0.01%
OPFI	C	0.01%
EP	F	0.01%
QTRX	D	0.01%
CCO	C	0.01%
VSTM	D	0.01%
MAPS	F	0.01%
GCO	D	0.01%
NOTE	F	0.01%
CTGO	F	0.01%
CTNM	D	0.01%
ANRO	C	0.01%
MLYS	F	0.01%
ALXO	F	0.01%
EVI	D	0.01%
KYTX	F	0.01%
DIN	F	0.01%
HQI	C	0.01%
REKR	F	0.01%
AMWD	C	0.01%
OMER	D	0.01%
MODV	F	0.01%
LXRX	F	0.01%
BLNK	F	0.01%
RCKY	D	0.01%
SHBI	B	0.01%
VERU	F	0.01%
QUAD	F	0.01%
FBLG	D	0.01%
LVO	F	0.01%
FULC	F	0.01%
GLSI	D	0.01%
CVGW	C	0.01%
MRAM	F	0.01%
CENT	D	0.01%
DC	D	0.01%
CWCO	F	0.01%
ACHV	D	0.01%
LXEO	F	0.01%
NTIC	F	0.01%
CRVO	D	0.01%
IAS	D	0.01%
INVA	B	0.01%
EMBC	C	0.01%
LWAY	C	0.01%
NPCE	F	0.01%
UVE	B	0.01%
FFWM	D	0.01%
SYRE	D	0.01%
ESPR	F	0.01%
CAPR	C	0.01%
LKFN	C	0.01%
PFIS	C	0.01%
ULH	C	0.01%
AQST	C	0.01%
PLUG	F	0.01%
KFS	D	0.01%
GNE	D	0.01%
STTK	F	0.01%
THR	D	0.01%
LAW	D	0.01%
PRCH	D	0.01%
TILE	B	0.01%
JILL	F	0.01%
CVRX	F	0.01%
QUIK	F	0.01%
INBX	C	0.01%
EGAN	F	0.01%
GOOD	B	0.01%
PRTH	C	0.01%
ACCD	D	0.01%
STGW	B	0.01%
ASPI	D	0.01%
YORW	D	0.01%
STXS	D	0.01%
PKE	D	0.01%
PAHC	B	0.01%
MGTX	F	0.01%
SCWO	C	0.01%
TRVI	C	0.01%
MVIS	D	0.01%
INBK	C	0.01%
LFMD	F	0.01%
SKIN	F	0.01%
ACIC	D	0.01%
SMLR	F	0.01%
TIPT	B	0.01%
XFOR	F	0.01%
PROK	C	0.01%
RNAC	D	0.01%
SUPN	C	0.01%
PETQ	A	0.01%
PSTL	B	0.01%
CTOS	F	0.01%
BBAI	D	0.01%
SSTI	F	0.01%
SPNT	C	0.01%
KLTR	D	0.01%
ZYXI	F	0.01%
MRSN	D	0.01%
INFU	F	0.01%
RILY	F	0.01%
LVWR	F	0.01%
TSQ	D	0.01%
PEPG	F	0.01%
PMTS	D	0.01%
HNST	D	0.01%
ADCT	F	0.01%
GRPN	F	0.01%
TAYD	B	0.01%
LCTX	F	0.01%
JYNT	F	0.01%
CDZI	D	0.01%
BRY	F	0.01%
OPRX	F	0.01%
SMTI	D	0.01%
LAB	D	0.01%
PESI	D	0.01%
PHAT	B	0.01%
CADL	C	0.01%
SKYH	C	0.01%
AVBP	C	0.01%
TCRX	F	0.01%
ISPR	D	0.01%
CHCO	B	0.01%
HEAR	D	0.01%
BTMD	F	0.01%
KGS	C	0.01%
REX	D	0.01%
XOMA	B	0.01%
BVS	B	0.01%
CDLX	F	0.01%
SCPH	C	0.01%
PAYS	D	0.01%
QRHC	C	0.01%
GWRS	B	0.01%
BRCC	F	0.01%
MSGE	B	0.01%
SMID	C	0.01%
BDTX	F	0.01%
AEYE	D	0.01%
FHTX	C	0.01%
SCL	D	0.01%
LIVN	D	0.01%
MSEX	C	0.01%
NEO	C	0.01%
CRD.B	C	0.01%
EVCM	D	0.01%
CDXC	C	0.01%
ALTG	F	0.01%
OFLX	D	0.01%
LGIH	C	0.01%
LNZA	F	0.01%
IGMS	C	0.01%
NBR	F	0.01%
LBRT	D	0.01%
KRT	D	0.01%
DSP	D	0.01%
WKC	B	0.01%
OMI	D	0.01%
TCX	C	0.01%
MLP	C	0.01%
ZVRA	C	0.01%
REAL	D	0.01%
CMPO	B	0.01%
EAF	D	0.01%
ULCC	D	0.01%
KREF	B	0.01%
INSE	C	0.01%
ANDE	D	0.01%
PFMT	B	0.01%
RIGL	C	0.01%
CALM	B	0.01%
GOGO	F	0.01%
ARAY	D	0.01%
KNTK	B	0.01%
NATH	B	0.01%
MGNX	F	0.01%
JBT	D	0.01%
VSEC	C	0.01%
LOVE	C	0.01%
WTI	F	0.01%
CDT	F	0.0%
LLAP	F	0.0%
SMXT	F	0.0%
QRTEB	F	0.0%
TVGN	F	0.0%
MKTW	F	0.0%
BAER	F	0.0%
MASS	F	0.0%
AISP	F	0.0%
MGX	F	0.0%
HLVX	D	0.0%
ATLC	C	0.0%
GRWG	F	0.0%
VGAS	F	0.0%
ULBI	F	0.0%
PGEN	F	0.0%
RSVR	C	0.0%
GUTS	F	0.0%
TDUP	F	0.0%
LYRA	F	0.0%
VIRC	D	0.0%
BOLD	F	0.0%
AMPX	F	0.0%
SES	F	0.0%
SKYE	F	0.0%
PTSI	D	0.0%
LSEA	C	0.0%
AGEN	F	0.0%
RMNI	F	0.0%
HOWL	F	0.0%
GYRE	D	0.0%
BSVN	B	0.0%
ARQ	D	0.0%
RENB	F	0.0%
ELEV	F	0.0%
SPCE	F	0.0%
TELO	C	0.0%
SLDB	F	0.0%
ALNT	F	0.0%
GCTS	F	0.0%
PLPC	F	0.0%
LUNR	C	0.0%
APEI	D	0.0%
CTV	D	0.0%
BOC	C	0.0%
MEC	B	0.0%
FBIZ	B	0.0%
CIX	C	0.0%
DTI	F	0.0%
ORGO	D	0.0%
UHG	F	0.0%
RGLS	F	0.0%
EVC	D	0.0%
SST	F	0.0%
ARIS	C	0.0%
DIBS	D	0.0%
ORN	F	0.0%
CDXS	D	0.0%
AKBA	D	0.0%
LASR	F	0.0%
DLHC	F	0.0%
SGC	F	0.0%
NATR	F	0.0%
TNYA	F	0.0%
TERN	C	0.0%
IIIV	D	0.0%
VALU	D	0.0%
PBYI	F	0.0%
EHAB	F	0.0%
GALT	C	0.0%
OTLK	F	0.0%
ATOS	C	0.0%
AILE	F	0.0%
SHYF	D	0.0%
AVTE	D	0.0%
NGS	D	0.0%
VRCA	F	0.0%
MITT	B	0.0%
FUBO	D	0.0%
CHRS	F	0.0%
PROP	C	0.0%
HBIO	F	0.0%
FIGS	F	0.0%
USCB	C	0.0%
CRDF	D	0.0%
ALDX	C	0.0%
FG	C	0.0%
PLL	F	0.0%
FLWS	F	0.0%
MPX	D	0.0%
HDSN	D	0.0%
CZFS	C	0.0%
RDW	D	0.0%
NVTS	F	0.0%
PCRX	F	0.0%
CURV	F	0.0%
AOMR	F	0.0%
REPX	D	0.0%
AIRS	D	0.0%
OABI	D	0.0%
MLR	D	0.0%
GMGI	F	0.0%
MYFW	C	0.0%
SNDA	D	0.0%
DXPE	C	0.0%
CHCT	F	0.0%
METCB	F	0.0%
QBTS	F	0.0%
ARKO	C	0.0%
BOOM	D	0.0%
DNTH	D	0.0%
CRGX	C	0.0%
OUST	F	0.0%
OOMA	C	0.0%
SWBI	D	0.0%
CLBK	C	0.0%
EVEX	F	0.0%
BMBL	F	0.0%
EGY	D	0.0%
HCAT	C	0.0%
PTVE	D	0.0%
CLPR	B	0.0%
MOND	F	0.0%
ITIC	A	0.0%
NWPX	C	0.0%
ATNM	F	0.0%
AHH	B	0.0%
EPM	C	0.0%
EYE	F	0.0%
INNV	D	0.0%
PSTX	C	0.0%
RM	B	0.0%
WGS	B	0.0%
ANIK	D	0.0%
CRSR	F	0.0%
OBIO	F	0.0%
DAKT	D	0.0%
EVGO	C	0.0%
TTSH	D	0.0%
HOV	C	0.0%
AVO	A	0.0%

IWO Underweight 40 Positions Relative to LABU

Symbol	Grade	Weight
EXAS	C	-2.66%
GILD	B	-2.11%
UTHR	C	-1.96%
ABBV	C	-1.9%
ALNY	B	-1.89%
VKTX	C	-1.88%
REGN	C	-1.86%
AMGN	B	-1.83%
NTRA	B	-1.83%
BMRN	F	-1.67%
VRTX	D	-1.65%
SRPT	F	-1.61%
INCY	C	-1.6%
BIIB	F	-1.41%
NBIX	F	-1.3%
EXEL	B	-0.82%
MRNA	F	-0.82%
APLS	F	-0.79%
CRSP	F	-0.75%
RARE	B	-0.65%
IONS	F	-0.62%
NTLA	F	-0.38%
BEAM	F	-0.36%
AGIO	D	-0.31%
VCYT	B	-0.3%
MYGN	B	-0.22%
TVTX	B	-0.2%
RLAY	D	-0.13%
CCCC	C	-0.11%
RGNX	D	-0.11%
ALLO	D	-0.1%
VIR	F	-0.1%
ETNB	F	-0.1%
VERV	F	-0.08%
SAGE	F	-0.08%
FATE	F	-0.08%
EDIT	F	-0.07%
ZNTL	D	-0.05%
VYGR	F	-0.05%
ITOS	F	-0.05%