IWO vs. PKW ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to PowerShares Buyback Achievers (PKW)

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

$295.28

Average Daily Volume

366,155

Number of Holdings ^*

1079

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$120.19

Average Daily Volume

16,400

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	IWO	PKW
30 Days	1.62%	2.24%
60 Days	4.17%	6.60%
90 Days	6.93%	10.23%
12 Months	31.97%	32.67%

47 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in PKW	Overlap
AMN	F	0.07%	0.04%	0.04%
AMR	C	0.18%	0.1%	0.1%
ANAB	F	0.03%	0.02%	0.02%
ASGN	F	0.07%	0.14%	0.07%
ASO	F	0.06%	0.12%	0.06%
ATGE	B	0.04%	0.11%	0.04%
ATKR	D	0.24%	0.11%	0.11%
CARG	B	0.21%	0.1%	0.1%
CASH	B	0.04%	0.06%	0.04%
CGEM	F	0.05%	0.03%	0.03%
COOP	B	0.16%	0.21%	0.16%
CSGS	B	0.11%	0.05%	0.05%
CVCO	A	0.27%	0.13%	0.13%
DENN	D	0.02%	0.01%	0.01%
DK	D	0.02%	0.04%	0.02%
DOCN	D	0.17%	0.12%	0.12%
DXPE	B	0.0%	0.04%	0.0%
FBP	B	0.02%	0.11%	0.02%
GCO	C	0.01%	0.01%	0.01%
GFF	B	0.18%	0.11%	0.11%
GOLF	B	0.14%	0.15%	0.14%
HCKT	B	0.05%	0.03%	0.03%
HGV	C	0.21%	0.14%	0.14%
HURN	B	0.15%	0.07%	0.07%
IDCC	A	0.32%	0.15%	0.15%
IMXI	B	0.04%	0.02%	0.02%
INVA	C	0.01%	0.04%	0.01%
JACK	D	0.06%	0.03%	0.03%
KBH	D	0.05%	0.2%	0.05%
LBRT	F	0.01%	0.1%	0.01%
LPRO	C	0.04%	0.02%	0.02%
LQDT	A	0.04%	0.02%	0.02%
LSEA	F	0.0%	0.01%	0.0%
LWAY	C	0.01%	0.01%	0.01%
NSIT	F	0.32%	0.18%	0.18%
PLAY	D	0.09%	0.05%	0.05%
PRG	C	0.02%	0.07%	0.02%
PZZA	F	0.09%	0.06%	0.06%
SAH	B	0.02%	0.05%	0.02%
SKIN	C	0.01%	0.01%	0.01%
SLVM	C	0.05%	0.13%	0.05%
SM	C	0.06%	0.16%	0.06%
SNCY	C	0.02%	0.03%	0.02%
STGW	B	0.01%	0.03%	0.01%
TNET	F	0.2%	0.15%	0.15%
ZIP	D	0.05%	0.03%	0.03%
ZYXI	D	0.01%	0.01%	0.01%

IWO Overweight 1032 Positions Relative to PKW

Symbol	Grade	Weight
FTAI	A	1.09%
SFM	A	1.0%
PCVX	D	0.87%
INSM	C	0.79%
AIT	B	0.7%
FN	B	0.67%
MLI	B	0.66%
HQY	A	0.57%
CRS	A	0.57%
ENSG	D	0.56%
FLR	B	0.54%
HALO	F	0.52%
SPXC	A	0.52%
HLNE	A	0.51%
GTLS	A	0.49%
EXLS	B	0.49%
ANF	F	0.49%
SPSC	F	0.47%
GKOS	A	0.47%
CSWI	A	0.47%
CVLT	B	0.47%
NOVT	D	0.45%
HRI	C	0.45%
BMI	C	0.45%
CWST	A	0.45%
RHP	B	0.45%
MOD	A	0.45%
UPST	B	0.43%
BPMC	C	0.43%
ZETA	D	0.43%
MOG.A	B	0.43%
ACIW	B	0.42%
BECN	B	0.42%
MDGL	C	0.42%
CRDO	B	0.42%
CBT	C	0.42%
AVAV	C	0.41%
RVMD	B	0.41%
LNTH	F	0.41%
RMBS	C	0.41%
QTWO	B	0.41%
BCPC	B	0.4%
STRL	A	0.4%
PIPR	B	0.4%
CHX	C	0.4%
MMSI	A	0.4%
ALTR	B	0.4%
WTS	B	0.39%
QLYS	C	0.39%
KNF	A	0.39%
VRNS	D	0.39%
MMS	D	0.38%
ZWS	B	0.37%
DY	C	0.37%
FFIN	B	0.37%
FSS	B	0.37%
EXPO	D	0.36%
CRNX	C	0.36%
ADMA	C	0.35%
ITRI	B	0.35%
SIGI	B	0.35%
TENB	D	0.34%
KRYS	C	0.34%
SHAK	C	0.34%
KTB	A	0.34%
IBP	F	0.34%
RNA	C	0.34%
WK	C	0.33%
RDNT	C	0.33%
CORT	C	0.33%
CWAN	B	0.33%
IONQ	A	0.33%
FELE	B	0.33%
PI	D	0.32%
KAI	B	0.32%
RKLB	B	0.32%
ALKS	C	0.32%
BOX	B	0.32%
EAT	A	0.31%
FTDR	B	0.31%
UFPI	C	0.31%
LRN	B	0.3%
HAE	C	0.3%
MGY	A	0.3%
AEIS	B	0.3%
WHD	B	0.3%
ACLX	C	0.3%
HIMS	C	0.3%
BCO	F	0.3%
PRCT	B	0.29%
FCFS	F	0.29%
STEP	B	0.29%
NXT	D	0.29%
MARA	C	0.29%
ROAD	A	0.28%
SITM	B	0.28%
VRRM	F	0.27%
SG	B	0.27%
MWA	B	0.27%
BOOT	D	0.27%
PRIM	A	0.27%
BHVN	C	0.27%
TGTX	B	0.27%
RXO	C	0.27%
MC	B	0.26%
POWI	D	0.26%
WDFC	B	0.26%
AROC	A	0.26%
PJT	B	0.26%
LANC	D	0.26%
DORM	B	0.25%
SLAB	F	0.25%
CCOI	B	0.25%
RYTM	C	0.25%
ATMU	A	0.25%
CBZ	B	0.25%
BLKB	B	0.24%
BL	C	0.24%
GVA	A	0.24%
AXNX	A	0.24%
ENS	D	0.24%
GMS	B	0.24%
SMPL	B	0.23%
NUVL	D	0.23%
GH	B	0.23%
FRSH	C	0.23%
SMTC	B	0.23%
CRVL	A	0.22%
SXT	C	0.22%
ITGR	B	0.22%
ICFI	F	0.22%
SHOO	D	0.22%
FOLD	F	0.22%
POWL	C	0.22%
FORM	F	0.22%
AXSM	B	0.22%
BWIN	D	0.21%
ALRM	C	0.21%
CLSK	C	0.21%
FUN	C	0.21%
NE	D	0.21%
UEC	A	0.21%
RELY	B	0.2%
LCII	D	0.2%
SEM	B	0.2%
CNS	B	0.2%
MGRC	B	0.2%
ENV	B	0.2%
ACVA	A	0.2%
APAM	B	0.2%
NARI	C	0.19%
TDW	F	0.19%
BDC	B	0.19%
ARCB	C	0.19%
EPAC	B	0.19%
TMDX	F	0.19%
CNK	A	0.19%
VCTR	B	0.19%
TRN	B	0.19%
ACLS	F	0.19%
OII	B	0.19%
VERX	A	0.19%
HBI	A	0.19%
PTON	B	0.19%
AUR	C	0.19%
NSP	F	0.19%
PRGS	B	0.19%
IDYA	F	0.18%
ARWR	D	0.18%
VCEL	B	0.18%
KLIC	C	0.18%
TWST	F	0.18%
OSCR	C	0.18%
EWTX	C	0.18%
WD	D	0.18%
AGYS	A	0.18%
CPRX	C	0.18%
PTGX	D	0.18%
IOVA	F	0.18%
DRS	B	0.18%
IRTC	C	0.18%
BCC	B	0.18%
JJSF	C	0.18%
PATK	D	0.18%
AEO	F	0.18%
YOU	D	0.17%
PLMR	A	0.17%
SKY	A	0.17%
WNS	D	0.17%
VC	F	0.17%
RPD	C	0.17%
TBBK	B	0.17%
UFPT	C	0.17%
FLYW	B	0.17%
GSHD	A	0.17%
PAR	A	0.17%
COMP	B	0.17%
PTCT	C	0.17%
IOSP	C	0.17%
OSIS	A	0.16%
BRZE	C	0.16%
DYN	F	0.16%
MTRN	C	0.16%
APGE	F	0.16%
INTA	B	0.16%
IPAR	C	0.16%
AI	B	0.16%
YELP	C	0.16%
SWTX	C	0.16%
IESC	A	0.16%
CORZ	B	0.16%
BBIO	F	0.16%
KWR	D	0.16%
BE	A	0.16%
ENR	A	0.16%
MYRG	C	0.16%
HWKN	B	0.16%
PRVA	C	0.15%
DNLI	C	0.15%
CAKE	B	0.15%
KYMR	C	0.15%
EVTC	B	0.15%
CNMD	C	0.15%
PAYO	A	0.15%
ALG	C	0.14%
VAL	F	0.14%
KROS	D	0.14%
ASTH	F	0.14%
BATRK	B	0.14%
LAUR	A	0.14%
NATL	B	0.14%
AZZ	A	0.14%
JOBY	B	0.14%
SOUN	C	0.14%
ACAD	C	0.14%
LMAT	A	0.14%
AMPH	F	0.13%
SXI	B	0.13%
NVCR	D	0.13%
PRKS	B	0.13%
RAMP	C	0.13%
VERA	B	0.13%
VYX	C	0.13%
JOE	F	0.13%
AVPT	A	0.13%
OSW	B	0.13%
AGX	C	0.13%
LBPH	A	0.13%
SMR	A	0.13%
TFIN	B	0.13%
UPWK	C	0.13%
TNDM	F	0.13%
TGLS	B	0.12%
WRBY	A	0.12%
ALKT	B	0.12%
KTOS	C	0.12%
AGM	B	0.12%
OCUL	C	0.12%
GERN	F	0.12%
RXST	F	0.12%
ARVN	F	0.12%
PLUS	F	0.12%
WWW	A	0.12%
AVDX	B	0.12%
HEES	C	0.12%
SMMT	D	0.12%
UPBD	C	0.12%
IMVT	F	0.12%
ESE	A	0.12%
SNDX	F	0.12%
WULF	C	0.12%
SRRK	B	0.12%
OPCH	F	0.12%
AWR	B	0.12%
TARS	C	0.12%
PD	C	0.12%
PFSI	C	0.11%
MGEE	A	0.11%
HROW	D	0.11%
BCRX	D	0.11%
NGVT	C	0.11%
MIRM	C	0.11%
APPN	C	0.11%
TRUP	B	0.11%
UCTT	F	0.11%
KOS	D	0.11%
RXRX	D	0.11%
BKE	A	0.1%
AESI	B	0.1%
LOB	C	0.1%
PSMT	D	0.1%
USPH	C	0.1%
ENVX	F	0.1%
STAA	F	0.1%
CALX	D	0.1%
OTTR	C	0.1%
CHEF	B	0.1%
AVDL	F	0.1%
SKT	A	0.1%
MNKD	B	0.1%
USLM	A	0.1%
WT	A	0.1%
MQ	F	0.1%
JANX	C	0.1%
MGNI	A	0.1%
SONO	C	0.1%
EVH	F	0.1%
FLNC	C	0.09%
KALU	C	0.09%
MTTR	B	0.09%
KURA	F	0.09%
XMTR	C	0.09%
PWP	A	0.09%
SLNO	C	0.09%
SPT	C	0.09%
JAMF	F	0.09%
HLIT	D	0.09%
CWH	C	0.09%
VECO	F	0.09%
PRAX	C	0.09%
CRAI	B	0.09%
BLBD	F	0.09%
PLXS	B	0.09%
CTS	C	0.09%
INFN	D	0.09%
NSSC	F	0.09%
DVAX	C	0.09%
ALHC	C	0.09%
THRM	F	0.09%
SFBS	B	0.09%
VRTS	B	0.09%
ZUO	B	0.09%
CLDX	F	0.09%
COCO	A	0.09%
PGNY	F	0.09%
ERII	D	0.08%
XPEL	C	0.08%
EXTR	C	0.08%
ARLO	C	0.08%
RDFN	D	0.08%
NMRA	F	0.08%
CGON	F	0.08%
KFRC	D	0.08%
ASAN	C	0.08%
EXPI	C	0.08%
ARQT	C	0.08%
RCKT	F	0.08%
ATEN	A	0.08%
VRDN	D	0.08%
AMRX	C	0.08%
FIZZ	B	0.08%
SOC	C	0.08%
INOD	B	0.08%
ATRC	C	0.08%
TPH	D	0.08%
LZ	C	0.08%
CENX	A	0.08%
QNST	C	0.08%
ARDX	F	0.08%
KLG	D	0.08%
AMSC	C	0.08%
PHR	F	0.08%
WOR	F	0.08%
REVG	B	0.08%
NRIX	C	0.08%
HLIO	C	0.08%
RVLV	A	0.08%
MXL	C	0.08%
LMND	A	0.08%
RRR	F	0.08%
FUL	F	0.08%
AMBA	B	0.08%
GSAT	C	0.08%
HNI	B	0.08%
ELVN	C	0.07%
RCUS	F	0.07%
DRVN	B	0.07%
ATEC	C	0.07%
DNUT	F	0.07%
NVAX	F	0.07%
SHLS	F	0.07%
CLB	C	0.07%
HCI	C	0.07%
TRNS	F	0.07%
LMB	A	0.07%
WLY	B	0.07%
VZIO	A	0.07%
VITL	F	0.07%
DFIN	D	0.07%
GPOR	A	0.07%
COUR	F	0.07%
JBI	F	0.07%
OUT	A	0.07%
PDFS	D	0.07%
PRO	C	0.07%
IMAX	A	0.07%
COLL	F	0.07%
BTSG	B	0.07%
SDGR	C	0.07%
MCRI	A	0.07%
ROCK	D	0.07%
ADEA	C	0.07%
NN	A	0.07%
HRMY	F	0.07%
WVE	C	0.07%
SAVA	C	0.07%
BLND	A	0.07%
NEXT	B	0.06%
YEXT	B	0.06%
AUPH	C	0.06%
UDMY	D	0.06%
RSI	B	0.06%
BSIG	A	0.06%
SPRY	C	0.06%
PACS	F	0.06%
BLFS	D	0.06%
KNSA	F	0.06%
ACHR	B	0.06%
ADUS	D	0.06%
GRC	B	0.06%
COGT	D	0.06%
AORT	B	0.06%
CIFR	C	0.06%
GBTG	A	0.06%
OEC	C	0.06%
BKD	F	0.06%
DFH	F	0.06%
WAY	B	0.06%
SEZL	B	0.06%
IE	C	0.06%
VVI	B	0.06%
CDRE	F	0.06%
ARRY	F	0.06%
LEU	C	0.06%
CMPR	F	0.06%
PNTG	D	0.06%
CXM	C	0.06%
BBSI	B	0.06%
IMNM	F	0.05%
URBN	C	0.05%
ACMR	F	0.05%
MCW	C	0.05%
LNN	B	0.05%
FA	D	0.05%
ML	B	0.05%
ROOT	B	0.05%
BASE	C	0.05%
MGPI	F	0.05%
CDMO	A	0.05%
HI	C	0.05%
PECO	A	0.05%
CECO	C	0.05%
VICR	C	0.05%
CCB	A	0.05%
DAWN	D	0.05%
EOLS	F	0.05%
AMPL	B	0.05%
TPB	A	0.05%
TNC	F	0.05%
TTGT	B	0.05%
UTZ	D	0.05%
JBSS	F	0.05%
GDYN	C	0.05%
FSLY	F	0.05%
OXM	F	0.05%
CWT	C	0.05%
NABL	F	0.05%
ANIP	D	0.05%
UTI	A	0.05%
DBRG	F	0.04%
CASS	B	0.04%
AMBP	D	0.04%
PLAB	D	0.04%
PTLO	F	0.04%
AXGN	D	0.04%
KRUS	D	0.04%
IDT	B	0.04%
CEVA	A	0.04%
WEAV	B	0.04%
DJCO	B	0.04%
MRVI	F	0.04%
AGL	F	0.04%
IBTA	D	0.04%
YMAB	F	0.04%
HLF	C	0.04%
AIV	C	0.04%
CVI	D	0.04%
EVRI	A	0.04%
AVBP	C	0.04%
CRMD	C	0.04%
APLT	C	0.04%
OSPN	B	0.04%
APOG	B	0.04%
MNMD	C	0.04%
APLD	B	0.04%
ACEL	C	0.04%
AIN	C	0.04%
GRBK	D	0.04%
CYTK	D	0.04%
NRDS	C	0.04%
FWRG	C	0.04%
LQDA	F	0.04%
IBRX	C	0.04%
VSCO	A	0.04%
XNCR	B	0.04%
SSTK	F	0.04%
BLMN	F	0.04%
GCT	C	0.04%
PUBM	D	0.04%
MEG	F	0.04%
NGNE	D	0.03%
NPO	A	0.03%
GRND	A	0.03%
LRMR	D	0.03%
EGHT	C	0.03%
HY	D	0.03%
HLMN	B	0.03%
SVRA	F	0.03%
XPOF	B	0.03%
GIC	F	0.03%
RVNC	F	0.03%
RDVT	A	0.03%
MLNK	C	0.03%
TMCI	C	0.03%
BFS	C	0.03%
NVEC	D	0.03%
CELC	F	0.03%
AKRO	C	0.03%
SANA	F	0.03%
WRLD	D	0.03%
LYTS	A	0.03%
ARCT	F	0.03%
CTRE	C	0.03%
TALK	C	0.03%
GHM	A	0.03%
MIR	A	0.03%
CSV	B	0.03%
MDXG	A	0.03%
DAVE	B	0.03%
CBL	A	0.03%
ARHS	F	0.03%
SKWD	A	0.03%
BAND	D	0.03%
PRTA	F	0.03%
MITK	D	0.03%
IRMD	B	0.03%
CAPR	C	0.03%
BIGC	C	0.03%
ASPI	C	0.03%
FC	F	0.03%
BATRA	D	0.03%
MYE	F	0.03%
AHCO	D	0.03%
KALV	F	0.03%
DHIL	A	0.03%
TREE	F	0.03%
THRY	F	0.03%
LWLG	D	0.03%
ENFN	B	0.03%
ESQ	B	0.03%
AGS	A	0.03%
TTI	B	0.03%
ATXS	F	0.03%
UHT	D	0.03%
ALEC	F	0.03%
AIR	B	0.03%
EVER	F	0.03%
LFST	C	0.03%
BBW	B	0.03%
AX	B	0.03%
DMRC	B	0.03%
PX	A	0.03%
PLOW	D	0.03%
LPG	F	0.03%
SLP	F	0.03%
XERS	C	0.03%
SEMR	C	0.03%
CTLP	B	0.03%
CATX	F	0.03%
STOK	D	0.03%
GCMG	A	0.03%
RIOT	C	0.03%
ALX	D	0.03%
AMSF	B	0.03%
SIBN	F	0.03%
CLMB	A	0.03%
EU	D	0.03%
EAF	B	0.03%
CRGY	A	0.03%
ABUS	D	0.03%
HUMA	F	0.03%
SBGI	B	0.03%
ALTG	C	0.02%
AEYE	C	0.02%
NMIH	D	0.02%
LOVE	A	0.02%
CRCT	F	0.02%
MGNX	D	0.02%
LIF	C	0.02%
SYNA	D	0.02%
BMEA	F	0.02%
CALM	A	0.02%
HTLD	B	0.02%
NBR	D	0.02%
GCBC	C	0.02%
PRME	F	0.02%
SVV	F	0.02%
NVEE	F	0.02%
NTST	D	0.02%
IRWD	F	0.02%
ABSI	F	0.02%
IIIN	D	0.02%
TDOC	D	0.02%
JBT	A	0.02%
EWCZ	D	0.02%
SKYT	F	0.02%
AIP	C	0.02%
CHPT	F	0.02%
SPIR	B	0.02%
CBRL	C	0.02%
SFL	D	0.02%
WEST	C	0.02%
KNTK	A	0.02%
EB	C	0.02%
MCY	B	0.02%
OCGN	F	0.02%
NOG	A	0.02%
TRAK	A	0.02%
TSHA	D	0.02%
CENTA	C	0.02%
REAL	B	0.02%
LAZR	D	0.02%
SIGA	F	0.02%
FDMT	F	0.02%
CDNA	D	0.02%
HSTM	A	0.02%
MAMA	A	0.02%
HLX	C	0.02%
EYPT	D	0.02%
SEAT	F	0.02%
PBPB	C	0.02%
CYRX	F	0.02%
CTRI	B	0.02%
BLZE	D	0.02%
JSPR	C	0.02%
PRCH	C	0.02%
INDI	C	0.02%
CSTL	C	0.02%
INST	B	0.02%
LUNG	F	0.02%
AMRC	F	0.02%
OLO	B	0.02%
PCT	C	0.02%
SABR	B	0.02%
CMPO	A	0.02%
ULCC	D	0.02%
SNEX	B	0.02%
PDCO	F	0.02%
TH	C	0.02%
VMD	C	0.02%
ALT	C	0.02%
CYH	F	0.02%
DOMO	C	0.02%
BYRN	A	0.02%
DIOD	F	0.02%
CAL	F	0.02%
CCS	F	0.02%
RIGL	B	0.02%
CDXC	A	0.02%
RCEL	B	0.02%
NRC	F	0.02%
METC	C	0.02%
CON	D	0.02%
ATEX	F	0.02%
CERS	D	0.02%
WERN	B	0.02%
JELD	F	0.02%
BYND	F	0.02%
LESL	C	0.02%
TYRA	D	0.02%
IGT	F	0.02%
VSEC	B	0.02%
BWMN	C	0.02%
EVLV	F	0.02%
AEHR	F	0.02%
BANF	B	0.02%
FNA	B	0.02%
GETY	F	0.02%
SRDX	B	0.02%
LIND	B	0.02%
MNTK	F	0.02%
URGN	F	0.02%
NIC	B	0.02%
PBI	B	0.02%
BJRI	C	0.02%
PLSE	C	0.02%
MAX	F	0.02%
ICHR	C	0.02%
DSGR	C	0.02%
OTLK	D	0.01%
HQI	B	0.01%
DAKT	A	0.01%
CVLG	B	0.01%
REKR	F	0.01%
AKYA	D	0.01%
ODC	C	0.01%
OVID	D	0.01%
MCBS	B	0.01%
CRGX	F	0.01%
BLNK	F	0.01%
YORW	D	0.01%
EVGO	C	0.01%
QBTS	C	0.01%
GLSI	F	0.01%
EVI	D	0.01%
CTGO	D	0.01%
CENT	C	0.01%
MODV	D	0.01%
DIN	C	0.01%
NWPX	A	0.01%
EP	C	0.01%
OMER	B	0.01%
AMWD	B	0.01%
THR	B	0.01%
ACCD	F	0.01%
EVEX	F	0.01%
INMB	F	0.01%
CWCO	C	0.01%
MLYS	D	0.01%
BDTX	F	0.01%
FULC	F	0.01%
STXS	C	0.01%
SHBI	B	0.01%
QUIK	F	0.01%
GNE	F	0.01%
ACHV	F	0.01%
EMBC	D	0.01%
AIRS	C	0.01%
CADL	F	0.01%
PSTL	D	0.01%
NTIC	C	0.01%
NGVC	A	0.01%
NPCE	C	0.01%
DC	F	0.01%
ARTV	F	0.01%
UVE	A	0.01%
MRAM	D	0.01%
ALMS	F	0.01%
PFIS	A	0.01%
LKFN	B	0.01%
SSTI	D	0.01%
FBLG	F	0.01%
IAS	D	0.01%
LAW	F	0.01%
SPNT	A	0.01%
RILY	F	0.01%
SCWO	F	0.01%
OPRX	F	0.01%
TRVI	C	0.01%
EGAN	D	0.01%
TAYD	F	0.01%
GOOD	A	0.01%
AQST	D	0.01%
QRHC	F	0.01%
XFOR	F	0.01%
BRY	F	0.01%
CRBP	F	0.01%
INBX	F	0.01%
ESPR	B	0.01%
PRTH	A	0.01%
KRRO	D	0.01%
PAHC	B	0.01%
LVWR	C	0.01%
ISPR	F	0.01%
PKE	B	0.01%
KFS	B	0.01%
ULH	B	0.01%
MVIS	F	0.01%
PLUG	F	0.01%
SKYH	C	0.01%
SUPN	B	0.01%
GRPN	F	0.01%
SCPH	F	0.01%
OPFI	A	0.01%
WGS	C	0.01%
LFMD	C	0.01%
OLMA	F	0.01%
PHAT	F	0.01%
JYNT	D	0.01%
TIPT	B	0.01%
TSQ	D	0.01%
INBK	B	0.01%
TCX	F	0.01%
JILL	D	0.01%
BBAI	C	0.01%
SYRE	D	0.01%
RAPP	C	0.01%
LCTX	C	0.01%
TILE	B	0.01%
PAYS	F	0.01%
QUAD	B	0.01%
BTMD	B	0.01%
FFWM	C	0.01%
MSGE	F	0.01%
ACIC	B	0.01%
TNGX	F	0.01%
IRON	C	0.01%
ARDT	F	0.01%
SMTI	B	0.01%
ADCT	F	0.01%
PMTS	C	0.01%
BRCC	F	0.01%
TCRX	F	0.01%
ORIC	F	0.01%
SGHT	F	0.01%
OMI	F	0.01%
LAB	D	0.01%
RNAC	F	0.01%
CDZI	C	0.01%
LGIH	F	0.01%
INFU	B	0.01%
MRSN	C	0.01%
VSTM	D	0.01%
CHCO	B	0.01%
BVS	C	0.01%
XOMA	B	0.01%
FHTX	C	0.01%
GWRS	B	0.01%
HNST	A	0.01%
NEO	C	0.01%
PROK	D	0.01%
REX	D	0.01%
MSEX	B	0.01%
CTOS	B	0.01%
SMID	B	0.01%
PFMT	F	0.01%
WKC	D	0.01%
EVCM	B	0.01%
LIVN	D	0.01%
SCL	D	0.01%
HEAR	C	0.01%
LXEO	F	0.01%
CDLX	D	0.01%
UMH	A	0.01%
MGTX	C	0.01%
IGMS	F	0.01%
MLP	C	0.01%
KREF	D	0.01%
RGR	F	0.01%
OFLX	D	0.01%
SERA	F	0.01%
CRD.B	C	0.01%
ARAY	D	0.01%
KGS	A	0.01%
ANDE	F	0.01%
AVXL	C	0.01%
UP	F	0.01%
SMLR	C	0.01%
LNZA	F	0.01%
KRT	B	0.01%
MLAB	F	0.01%
NATH	B	0.01%
CVRX	C	0.01%
DSP	A	0.01%
ZVRA	A	0.01%
KLTR	A	0.01%
ZURA	F	0.01%
WTI	F	0.01%
ASPN	F	0.01%
GOGO	C	0.01%
MRTN	C	0.01%
AVAH	B	0.01%
RICK	C	0.01%
PESI	C	0.01%
INSE	B	0.01%
CDT	F	0.0%
SES	F	0.0%
QRTEB	F	0.0%
MKTW	F	0.0%
SCLX	F	0.0%
MGX	F	0.0%
MASS	F	0.0%
ULBI	F	0.0%
GRWG	F	0.0%
BAER	C	0.0%
AGEN	F	0.0%
PGEN	F	0.0%
HLVX	F	0.0%
VGAS	C	0.0%
TDUP	C	0.0%
LYRA	F	0.0%
BOLD	F	0.0%
TELO	F	0.0%
RSVR	B	0.0%
SLDB	F	0.0%
SKYE	D	0.0%
VIRC	C	0.0%
ATLC	A	0.0%
RMNI	C	0.0%
HOWL	F	0.0%
NNE	B	0.0%
RENB	F	0.0%
VRCA	F	0.0%
SPCE	D	0.0%
MEC	F	0.0%
TVGN	D	0.0%
BSVN	A	0.0%
ELEV	D	0.0%
DTI	F	0.0%
GCTS	F	0.0%
ATOS	F	0.0%
ARQ	A	0.0%
IIIV	B	0.0%
HRTX	F	0.0%
DIBS	F	0.0%
CTV	F	0.0%
BOC	D	0.0%
LUNR	B	0.0%
APEI	B	0.0%
AISP	D	0.0%
CIX	C	0.0%
MITT	D	0.0%
PLPC	B	0.0%
CHRS	F	0.0%
FBIZ	A	0.0%
TERN	F	0.0%
ALDX	C	0.0%
AMPX	C	0.0%
DLHC	F	0.0%
SHYF	C	0.0%
ORGO	B	0.0%
UHG	B	0.0%
ALNT	C	0.0%
LASR	D	0.0%
STTK	F	0.0%
EVC	C	0.0%
FUBO	F	0.0%
HDSN	F	0.0%
CZFS	A	0.0%
SST	F	0.0%
NATR	B	0.0%
EHAB	D	0.0%
SVCO	F	0.0%
AVTE	C	0.0%
PROP	F	0.0%
ORN	B	0.0%
SGC	C	0.0%
HBIO	F	0.0%
GALT	C	0.0%
AHH	D	0.0%
NVTS	F	0.0%
FIGS	F	0.0%
ARIS	A	0.0%
PBYI	D	0.0%
CHCT	C	0.0%
PAL	F	0.0%
CLBK	C	0.0%
AKBA	C	0.0%
VALU	C	0.0%
HCAT	C	0.0%
INNV	F	0.0%
AOMR	F	0.0%
OOMA	A	0.0%
ANIK	F	0.0%
CDXS	B	0.0%
TNYA	C	0.0%
RM	D	0.0%
BOOM	F	0.0%
MLR	C	0.0%
AILE	F	0.0%
MPX	C	0.0%
CABA	F	0.0%
SNDA	F	0.0%
OABI	D	0.0%
MOND	F	0.0%
NGS	A	0.0%
FG	B	0.0%
GUTS	F	0.0%
EYE	C	0.0%
CRDF	D	0.0%
ALXO	F	0.0%
FLWS	D	0.0%
BOW	A	0.0%
MYFW	A	0.0%
DNTH	F	0.0%
ARKO	D	0.0%
GMGI	C	0.0%
SWBI	C	0.0%
METCB	C	0.0%
NOTE	F	0.0%
EGY	F	0.0%
HOV	F	0.0%
RCKY	F	0.0%
KYTX	F	0.0%
ANRO	F	0.0%
OPEN	F	0.0%
MAPS	C	0.0%
REPX	A	0.0%
PTVE	B	0.0%
USCB	B	0.0%
CURV	C	0.0%
CTNM	D	0.0%
PCRX	C	0.0%
ATNM	F	0.0%
LVO	F	0.0%
LXRX	F	0.0%
PSTX	D	0.0%
EPM	A	0.0%
NRDY	D	0.0%
RDW	A	0.0%
ITIC	A	0.0%
OUST	C	0.0%
CLPR	D	0.0%
STKS	F	0.0%
CRSR	D	0.0%
OBIO	D	0.0%
HLLY	F	0.0%
PLL	C	0.0%
AVO	B	0.0%
CCO	D	0.0%
CRVO	F	0.0%
PEPG	F	0.0%
FOR	F	0.0%
BMBL	C	0.0%
TTSH	D	0.0%
QTRX	D	0.0%
STRW	C	0.0%
WBTN	C	0.0%
VERU	F	0.0%
CVGW	D	0.0%
VTSI	C	0.0%
DCGO	B	0.0%

IWO Underweight 144 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	A	-5.39%
TMUS	B	-5.38%
CMCSA	B	-4.96%
JNJ	D	-4.53%
LMT	D	-4.38%
FI	A	-3.94%
DE	C	-3.51%
HCA	F	-2.97%
APP	A	-2.8%
PYPL	B	-2.76%
MCK	A	-2.58%
MAR	B	-2.57%
ORLY	B	-2.3%
CSX	C	-2.27%
HLT	A	-1.98%
AFL	C	-1.97%
MET	A	-1.85%
AZO	C	-1.73%
PSX	C	-1.72%
MPC	D	-1.67%
VST	A	-1.59%
AIG	C	-1.58%
DFS	B	-1.43%
VLO	C	-1.42%
VRSK	B	-1.32%
DD	D	-1.14%
HIG	B	-1.12%
CNC	F	-1.03%
CAH	B	-0.95%
STT	B	-0.92%
PHM	D	-0.9%
GDDY	A	-0.82%
SYF	B	-0.82%
STLD	B	-0.75%
EXPE	B	-0.73%
BLDR	D	-0.68%
CSL	C	-0.68%
CFG	B	-0.67%
L	A	-0.59%
EXPD	D	-0.55%
TXT	D	-0.53%
TOL	B	-0.52%
THC	C	-0.51%
EQH	B	-0.49%
JEF	A	-0.48%
CACI	C	-0.41%
MGM	D	-0.36%
PAG	B	-0.35%
MUSA	A	-0.35%
EXP	B	-0.34%
WMS	F	-0.34%
FOXA	B	-0.33%
PRI	A	-0.33%
ORI	A	-0.31%
BRKR	F	-0.28%
HRB	D	-0.27%
CNM	C	-0.27%
DINO	D	-0.26%
WH	B	-0.25%
BERY	D	-0.25%
WSC	F	-0.24%
R	B	-0.23%
MTN	C	-0.22%
BYD	B	-0.22%
CHH	A	-0.22%
MTG	D	-0.21%
ARW	F	-0.21%
AN	D	-0.21%
RH	D	-0.2%
CNX	A	-0.19%
PVH	C	-0.19%
GPI	B	-0.18%
AMG	C	-0.18%
VVV	D	-0.18%
BC	D	-0.18%
MATX	B	-0.18%
CRC	B	-0.17%
ABG	B	-0.17%
OLN	F	-0.17%
NXST	C	-0.17%
DDS	B	-0.16%
SLM	B	-0.16%
SKYW	B	-0.15%
EEFT	C	-0.15%
DXC	D	-0.13%
ASH	F	-0.13%
HP	C	-0.12%
BTU	B	-0.12%
WU	F	-0.12%
TNL	B	-0.12%
CEIX	A	-0.12%
CAR	C	-0.11%
NSA	C	-0.11%
VAC	C	-0.11%
HUN	F	-0.11%
VIRT	A	-0.1%
GNW	A	-0.1%
BHF	B	-0.1%
PK	D	-0.1%
TGNA	B	-0.1%
DEI	B	-0.1%
ENVA	B	-0.09%
SEB	F	-0.08%
SPB	C	-0.08%
GBX	B	-0.07%
AZTA	F	-0.07%
IART	C	-0.06%
ATSG	A	-0.05%
JBGS	F	-0.05%
XHR	B	-0.05%
PEB	F	-0.05%
NAVI	F	-0.05%
SBSI	B	-0.04%
XRX	F	-0.04%
LILAK	F	-0.04%
CNNE	B	-0.04%
EIG	B	-0.04%
RYI	C	-0.03%
EGBN	B	-0.03%
PRA	B	-0.03%
ECVT	C	-0.03%
ODP	F	-0.03%
HTZ	C	-0.03%
KELYA	F	-0.02%
HONE	B	-0.02%
NFBK	B	-0.02%
FPI	A	-0.02%
LXU	C	-0.02%
NR	C	-0.02%
OPY	B	-0.02%
SCHL	F	-0.02%
CHGG	F	-0.01%
MBI	B	-0.01%
DBI	F	-0.01%
ONTF	C	-0.01%
WSBF	B	-0.01%
SENEA	A	-0.01%
RLGT	B	-0.01%
CCRN	F	-0.01%
TASK	C	-0.01%
LOCO	D	-0.01%
NECB	B	-0.01%
TBPH	B	-0.01%
MX	F	-0.0%