IWO vs. RWJ ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to RevenueShares Small Cap (RWJ)

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

$263.74

Average Daily Volume

444,451

Number of Holdings ^*

1081

* may have additional holdings in another (foreign) market

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600Â® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$42.93

Average Daily Volume

128,258

Number of Holdings ^*

573

* may have additional holdings in another (foreign) market

Performance

Period	IWO	RWJ
30 Days	2.86%	1.56%
60 Days	0.22%	8.38%
90 Days	1.82%	4.98%
12 Months	12.74%	15.89%

282 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in RWJ	Overlap
ACIW	B	1.0%	0.14%	0.14%
ACLS	F	1.0%	0.06%	0.06%
ADUS	B	1.0%	0.08%	0.08%
AEIS	D	1.0%	0.1%	0.1%
AEO	D	1.0%	0.36%	0.36%
AGYS	C	1.0%	0.02%	0.02%
AHCO	A	1.0%	0.22%	0.22%
AHH	B	1.0%	0.05%	0.05%
AIN	D	1.0%	0.09%	0.09%
AIR	D	1.0%	0.15%	0.15%
ALG	D	1.0%	0.12%	0.12%
ALKS	B	1.0%	0.14%	0.14%
ALRM	F	1.0%	0.06%	0.06%
AMN	F	1.0%	0.23%	0.23%
AMPH	C	1.0%	0.05%	0.05%
AMR	F	1.0%	0.17%	0.17%
AMSF	B	1.0%	0.02%	0.02%
AMWD	D	1.0%	0.13%	0.13%
ANDE	D	1.0%	0.95%	0.95%
ANIP	D	1.0%	0.04%	0.04%
APAM	D	1.0%	0.08%	0.08%
APOG	C	1.0%	0.1%	0.1%
ARCB	F	1.0%	0.29%	0.29%
ARLO	F	1.0%	0.03%	0.03%
AROC	D	1.0%	0.07%	0.07%
ASO	C	1.0%	0.44%	0.44%
ASTH	B	1.0%	0.12%	0.12%
ATEN	D	1.0%	0.02%	0.02%
ATGE	C	1.0%	0.12%	0.12%
AVAV	B	1.0%	0.04%	0.04%
AWR	B	1.0%	0.05%	0.05%
AX	C	1.0%	0.15%	0.15%
AZZ	C	1.0%	0.1%	0.1%
BANF	B	1.0%	0.07%	0.07%
BCC	C	1.0%	0.48%	0.48%
BCPC	C	1.0%	0.07%	0.07%
BFS	B	1.0%	0.02%	0.02%
BJRI	D	1.0%	0.08%	0.08%
BKE	B	1.0%	0.1%	0.1%
BL	D	1.0%	0.04%	0.04%
BLFS	B	1.0%	0.01%	0.01%
BLMN	F	1.0%	0.29%	0.29%
BMI	C	1.0%	0.05%	0.05%
BOOT	B	1.0%	0.12%	0.12%
BOX	A	1.0%	0.09%	0.09%
BSIG	C	1.0%	0.03%	0.03%
CAKE	C	1.0%	0.24%	0.24%
CAL	B	1.0%	0.23%	0.23%
CALM	B	1.0%	0.19%	0.19%
CALX	D	1.0%	0.07%	0.07%
CARG	B	1.0%	0.07%	0.07%
CASH	A	1.0%	0.07%	0.07%
CBRL	F	1.0%	0.21%	0.21%
CCOI	A	1.0%	0.1%	0.1%
CCS	B	1.0%	0.31%	0.31%
CENT	D	1.0%	0.12%	0.12%
CENTA	D	1.0%	0.12%	0.12%
CENX	F	1.0%	0.12%	0.12%
CEVA	B	1.0%	0.01%	0.01%
CHCO	B	1.0%	0.03%	0.03%
CHCT	F	1.0%	0.01%	0.01%
CHEF	B	1.0%	0.27%	0.27%
CLB	F	1.0%	0.04%	0.04%
CNK	A	1.0%	0.32%	0.32%
CNMD	C	1.0%	0.09%	0.09%
CNS	B	1.0%	0.04%	0.04%
COLL	B	1.0%	0.05%	0.05%
COOP	B	1.0%	0.16%	0.16%
CORT	B	1.0%	0.04%	0.04%
CPRX	B	1.0%	0.04%	0.04%
CRS	B	1.0%	0.26%	0.26%
CRSR	F	1.0%	0.06%	0.06%
CRVL	B	1.0%	0.07%	0.07%
CSGS	C	1.0%	0.09%	0.09%
CTRE	A	1.0%	0.02%	0.02%
CTS	D	1.0%	0.03%	0.03%
CVCO	B	1.0%	0.14%	0.14%
CVGW	C	1.0%	0.05%	0.05%
CVI	F	1.0%	0.56%	0.56%
CWT	B	1.0%	0.07%	0.07%
CXM	F	1.0%	0.05%	0.05%
DFIN	B	1.0%	0.06%	0.06%
DIN	F	1.0%	0.05%	0.05%
DIOD	F	1.0%	0.09%	0.09%
DOCN	B	1.0%	0.05%	0.05%
DORM	B	1.0%	0.16%	0.16%
DVAX	C	1.0%	0.02%	0.02%
DXPE	B	1.0%	0.13%	0.13%
DY	D	1.0%	0.29%	0.29%
EAT	B	1.0%	0.32%	0.32%
EMBC	B	1.0%	0.1%	0.1%
ENR	B	1.0%	0.23%	0.23%
ENSG	B	1.0%	0.33%	0.33%
ENV	B	1.0%	0.09%	0.09%
EPAC	C	1.0%	0.04%	0.04%
ESE	C	1.0%	0.07%	0.07%
EVTC	D	1.0%	0.05%	0.05%
EXPI	F	1.0%	0.33%	0.33%
EXTR	C	1.0%	0.1%	0.1%
EYE	F	1.0%	0.11%	0.11%
FBP	B	1.0%	0.1%	0.1%
FELE	D	1.0%	0.15%	0.15%
FIZZ	D	1.0%	0.08%	0.08%
FN	C	1.0%	0.18%	0.18%
FORM	F	1.0%	0.04%	0.04%
FSS	D	1.0%	0.13%	0.13%
FTDR	B	1.0%	0.17%	0.17%
FUL	C	1.0%	0.26%	0.26%
GFF	D	1.0%	0.18%	0.18%
GKOS	B	1.0%	0.03%	0.03%
GMS	D	1.0%	0.35%	0.35%
GOGO	D	1.0%	0.02%	0.02%
GRBK	B	1.0%	0.16%	0.16%
GSHD	A	1.0%	0.03%	0.03%
GVA	B	1.0%	0.29%	0.29%
HBI	B	1.0%	0.48%	0.48%
HCI	A	1.0%	0.04%	0.04%
HI	F	1.0%	0.16%	0.16%
HLIT	B	1.0%	0.05%	0.05%
HLX	D	1.0%	0.09%	0.09%
HNI	B	1.0%	0.21%	0.21%
HRMY	B	1.0%	0.05%	0.05%
HSTM	C	1.0%	0.02%	0.02%
HTLD	D	1.0%	0.08%	0.08%
HWKN	B	1.0%	0.09%	0.09%
IBP	D	1.0%	0.19%	0.19%
ICHR	F	1.0%	0.04%	0.04%
IDCC	B	1.0%	0.05%	0.05%
IIIN	D	1.0%	0.04%	0.04%
INVA	B	1.0%	0.03%	0.03%
IOSP	D	1.0%	0.12%	0.12%
IPAR	D	1.0%	0.1%	0.1%
IRWD	F	1.0%	0.02%	0.02%
ITGR	A	1.0%	0.12%	0.12%
ITRI	D	1.0%	0.15%	0.15%
JACK	F	1.0%	0.09%	0.09%
JBSS	D	1.0%	0.07%	0.07%
JBT	F	1.0%	0.11%	0.11%
JJSF	C	1.0%	0.11%	0.11%
JOE	C	1.0%	0.03%	0.03%
KALU	F	1.0%	0.16%	0.16%
KLG	B	1.0%	0.18%	0.18%
KLIC	F	1.0%	0.04%	0.04%
KREF	A	1.0%	0.06%	0.06%
KRYS	D	1.0%	0.01%	0.01%
KTB	B	1.0%	0.19%	0.19%
KWR	D	1.0%	0.13%	0.13%
LBRT	D	1.0%	0.3%	0.3%
LCII	B	1.0%	0.3%	0.3%
LESL	F	1.0%	0.06%	0.06%
LGIH	C	1.0%	0.17%	0.17%
LKFN	B	1.0%	0.03%	0.03%
LMAT	B	1.0%	0.02%	0.02%
LNN	D	1.0%	0.04%	0.04%
LPG	F	1.0%	0.03%	0.03%
LQDT	C	1.0%	0.02%	0.02%
LRN	B	1.0%	0.17%	0.17%
MARA	F	1.0%	0.03%	0.03%
MC	B	1.0%	0.07%	0.07%
MCRI	A	1.0%	0.04%	0.04%
MCW	F	1.0%	0.06%	0.06%
MCY	B	1.0%	0.41%	0.41%
MGEE	B	1.0%	0.05%	0.05%
MGPI	B	1.0%	0.06%	0.06%
MGY	D	1.0%	0.09%	0.09%
MLAB	B	1.0%	0.02%	0.02%
MLI	B	1.0%	0.28%	0.28%
MMSI	A	1.0%	0.1%	0.1%
MOG.A	C	1.0%	0.29%	0.29%
MRTN	D	1.0%	0.07%	0.07%
MSEX	B	1.0%	0.01%	0.01%
MTRN	D	1.0%	0.11%	0.11%
MXL	F	1.0%	0.03%	0.03%
MYE	D	1.0%	0.05%	0.05%
MYRG	F	1.0%	0.17%	0.17%
NABL	D	1.0%	0.03%	0.03%
NARI	D	1.0%	0.03%	0.03%
NATL	D	1.0%	0.29%	0.29%
NBR	F	1.0%	0.23%	0.23%
NEO	B	1.0%	0.05%	0.05%
NGVT	F	1.0%	0.09%	0.09%
NMIH	B	1.0%	0.05%	0.05%
NOG	D	1.0%	0.12%	0.12%
NPO	D	1.0%	0.07%	0.07%
NSIT	C	1.0%	0.66%	0.66%
NVEE	F	1.0%	0.06%	0.06%
OII	C	1.0%	0.2%	0.2%
OMI	C	1.0%	0.69%	0.69%
OSIS	C	1.0%	0.11%	0.11%
OTTR	D	1.0%	0.09%	0.09%
OUT	B	1.0%	0.16%	0.16%
OXM	F	1.0%	0.09%	0.09%
PAHC	B	1.0%	0.08%	0.08%
PATK	B	1.0%	0.3%	0.3%
PBI	C	1.0%	0.31%	0.31%
PCRX	F	1.0%	0.03%	0.03%
PDCO	F	1.0%	0.44%	0.44%
PDFS	D	1.0%	0.01%	0.01%
PECO	A	1.0%	0.05%	0.05%
PIPR	B	1.0%	0.12%	0.12%
PJT	C	1.0%	0.1%	0.1%
PLAB	F	1.0%	0.06%	0.06%
PLAY	F	1.0%	0.1%	0.1%
PLMR	B	1.0%	0.03%	0.03%
PLUS	B	1.0%	0.19%	0.19%
PLXS	B	1.0%	0.33%	0.33%
POWL	C	1.0%	0.05%	0.05%
PRFT	A	1.0%	0.06%	0.06%
PRG	B	1.0%	0.23%	0.23%
PRGS	B	1.0%	0.06%	0.06%
PRVA	D	1.0%	0.13%	0.13%
PSMT	B	1.0%	0.36%	0.36%
PZZA	C	1.0%	0.16%	0.16%
QNST	B	1.0%	0.04%	0.04%
RAMP	F	1.0%	0.04%	0.04%
RCUS	C	1.0%	0.02%	0.02%
RDNT	B	1.0%	0.12%	0.12%
REX	F	1.0%	0.05%	0.05%
RGR	F	1.0%	0.04%	0.04%
RILY	F	1.0%	0.03%	0.03%
ROCK	D	1.0%	0.09%	0.09%
RXO	D	1.0%	0.37%	0.37%
SABR	F	1.0%	0.23%	0.23%
SAH	C	1.0%	1.04%	1.0%
SCL	D	1.0%	0.13%	0.13%
SDGR	F	1.0%	0.01%	0.01%
SEM	D	1.0%	0.49%	0.49%
SFBS	B	1.0%	0.08%	0.08%
SHAK	C	1.0%	0.09%	0.09%
SHOO	C	1.0%	0.14%	0.14%
SITM	C	1.0%	0.01%	0.01%
SKT	A	1.0%	0.04%	0.04%
SLP	F	1.0%	0.0%	0.0%
SLVM	B	1.0%	0.28%	0.28%
SM	D	1.0%	0.15%	0.15%
SMPL	D	1.0%	0.08%	0.08%
SMTC	B	1.0%	0.08%	0.08%
SNCY	D	1.0%	0.08%	0.08%
SNEX	C	1.0%	0.14%	0.14%
SONO	F	1.0%	0.08%	0.08%
SPNT	B	1.0%	0.23%	0.23%
SPSC	D	1.0%	0.04%	0.04%
SSTK	F	1.0%	0.05%	0.05%
STAA	F	1.0%	0.02%	0.02%
STEP	B	1.0%	0.06%	0.06%
SUPN	B	1.0%	0.06%	0.06%
SXI	C	1.0%	0.05%	0.05%
SXT	C	1.0%	0.1%	0.1%
TBBK	B	1.0%	0.07%	0.07%
TDW	F	1.0%	0.06%	0.06%
THRM	D	1.0%	0.1%	0.1%
THRY	D	1.0%	0.06%	0.06%
TILE	B	1.0%	0.11%	0.11%
TNC	D	1.0%	0.08%	0.08%
TNDM	B	1.0%	0.05%	0.05%
TPH	B	1.0%	0.31%	0.31%
TRN	C	1.0%	0.25%	0.25%
TRUP	B	1.0%	0.13%	0.13%
TTGT	F	1.0%	0.01%	0.01%
UCTT	F	1.0%	0.09%	0.09%
UFPT	B	1.0%	0.04%	0.04%
UHT	A	1.0%	0.01%	0.01%
URBN	D	1.0%	0.32%	0.32%
USPH	D	1.0%	0.04%	0.04%
VCEL	C	1.0%	0.02%	0.02%
VECO	F	1.0%	0.03%	0.03%
VGR	B	1.0%	0.14%	0.14%
VICR	D	1.0%	0.03%	0.03%
VRRM	D	1.0%	0.06%	0.06%
VRTS	D	1.0%	0.06%	0.06%
VSCO	A	1.0%	0.54%	0.54%
VVI	D	1.0%	0.08%	0.08%
WD	B	1.0%	0.08%	0.08%
WDFC	A	1.0%	0.05%	0.05%
WERN	D	1.0%	0.23%	0.23%
WHD	C	1.0%	0.09%	0.09%
WOR	F	1.0%	0.12%	0.12%
WRLD	D	1.0%	0.04%	0.04%
WWW	A	1.0%	0.16%	0.16%
XNCR	F	1.0%	0.01%	0.01%
XPEL	C	1.0%	0.03%	0.03%
YELP	F	1.0%	0.09%	0.09%

IWO Overweight 799 Positions Relative to RWJ

Symbol	Grade	Weight
CDT	F	1.0%
LLAP	F	1.0%
SMXT	F	1.0%
BAER	F	1.0%
QRTEB	D	1.0%
TVGN	F	1.0%
MKTW	F	1.0%
MASS	F	1.0%
SCLX	F	1.0%
HLVX	F	1.0%
GRWG	F	1.0%
AISP	F	1.0%
PGEN	F	1.0%
MGX	F	1.0%
VGAS	F	1.0%
ULBI	F	1.0%
TDUP	F	1.0%
ATLC	C	1.0%
RSVR	D	1.0%
BOLD	F	1.0%
VIRC	C	1.0%
AMPX	F	1.0%
LYRA	F	1.0%
AGEN	F	1.0%
SES	F	1.0%
GUTS	F	1.0%
HOWL	F	1.0%
RMNI	F	1.0%
LSEA	B	1.0%
GYRE	D	1.0%
SKYE	D	1.0%
PTSI	D	1.0%
TELO	B	1.0%
RENB	F	1.0%
SPCE	F	1.0%
BSVN	B	1.0%
LUNR	B	1.0%
ARQ	C	1.0%
CTV	F	1.0%
GCTS	F	1.0%
ALNT	F	1.0%
PLPC	F	1.0%
ELEV	F	1.0%
BOC	C	1.0%
SLDB	D	1.0%
APEI	D	1.0%
MEC	B	1.0%
ORGO	D	1.0%
HRTX	F	1.0%
FBIZ	B	1.0%
CIX	B	1.0%
DTI	F	1.0%
RGLS	F	1.0%
SST	F	1.0%
EVC	D	1.0%
ARIS	C	1.0%
DIBS	C	1.0%
TERN	C	1.0%
UHG	D	1.0%
AKBA	C	1.0%
GALT	B	1.0%
CDXS	F	1.0%
SGC	F	1.0%
NATR	F	1.0%
AILE	F	1.0%
LASR	F	1.0%
PBYI	F	1.0%
DLHC	D	1.0%
PROP	F	1.0%
ORN	F	1.0%
ATOS	B	1.0%
IIIV	D	1.0%
VALU	D	1.0%
EHAB	F	1.0%
CRDF	F	1.0%
FUBO	D	1.0%
TNYA	F	1.0%
AVTE	D	1.0%
SHYF	C	1.0%
NGS	C	1.0%
HBIO	F	1.0%
MITT	A	1.0%
FLWS	F	1.0%
CHRS	F	1.0%
CZFS	B	1.0%
RDW	D	1.0%
VRCA	F	1.0%
USCB	B	1.0%
NVTS	F	1.0%
AIRS	F	1.0%
OTLK	D	1.0%
OABI	F	1.0%
FG	D	1.0%
MPX	F	1.0%
PLL	F	1.0%
HDSN	F	1.0%
CRGX	C	1.0%
REPX	D	1.0%
ALDX	A	1.0%
QBTS	F	1.0%
OOMA	A	1.0%
FIGS	D	1.0%
GMGI	D	1.0%
MYFW	A	1.0%
CABA	F	1.0%
FBLG	F	1.0%
AOMR	D	1.0%
HCAT	C	1.0%
MLR	C	1.0%
OUST	F	1.0%
ARKO	D	1.0%
DNTH	C	1.0%
CLPR	A	1.0%
EVEX	F	1.0%
SNDA	D	1.0%
EPM	F	1.0%
PSTX	F	1.0%
CLBK	B	1.0%
ATNM	F	1.0%
WGS	A	1.0%
AVO	A	1.0%
BOOM	F	1.0%
METCB	D	1.0%
ITIC	B	1.0%
EGY	D	1.0%
NWPX	B	1.0%
PTVE	D	1.0%
SWBI	D	1.0%
AKYA	D	1.0%
MOND	F	1.0%
HOV	B	1.0%
RM	B	1.0%
EVGO	B	1.0%
TTSH	D	1.0%
DAKT	D	1.0%
BMBL	D	1.0%
OPEN	D	1.0%
OBIO	F	1.0%
VSTM	F	1.0%
INNV	B	1.0%
VTSI	F	1.0%
ANIK	D	1.0%
HLLY	F	1.0%
FOR	D	1.0%
CCO	D	1.0%
NGVC	A	1.0%
CVLG	C	1.0%
OVID	D	1.0%
ALXO	F	1.0%
DCGO	C	1.0%
CTGO	D	1.0%
MCBS	B	1.0%
EVI	F	1.0%
ODC	C	1.0%
STRW	C	1.0%
CTNM	D	1.0%
QTRX	F	1.0%
OPFI	B	1.0%
ANRO	B	1.0%
ZURA	D	1.0%
CURV	D	1.0%
EP	D	1.0%
STKS	F	1.0%
MAPS	F	1.0%
BLNK	F	1.0%
KRRO	D	1.0%
NOTE	F	1.0%
REKR	F	1.0%
INMB	F	1.0%
NRDY	F	1.0%
HQI	A	1.0%
LXRX	F	1.0%
MLYS	F	1.0%
GLSI	D	1.0%
SCWO	D	1.0%
OMER	F	1.0%
RCKY	D	1.0%
KYTX	F	1.0%
CRVO	D	1.0%
SHBI	B	1.0%
QUAD	F	1.0%
GCO	D	1.0%
MRSN	F	1.0%
ACHV	F	1.0%
VERU	D	1.0%
MRAM	F	1.0%
AQST	B	1.0%
PLUG	F	1.0%
ESPR	F	1.0%
LVO	D	1.0%
CAPR	D	1.0%
CWCO	F	1.0%
PRTH	C	1.0%
LWAY	B	1.0%
PFIS	C	1.0%
IRON	B	1.0%
SYRE	C	1.0%
DC	D	1.0%
NPCE	D	1.0%
STTK	F	1.0%
ASPI	F	1.0%
GNE	C	1.0%
ULH	C	1.0%
LAW	F	1.0%
PRCH	F	1.0%
UVE	B	1.0%
NTIC	F	1.0%
RNAC	F	1.0%
IAS	C	1.0%
QUIK	F	1.0%
GOOD	A	1.0%
KLTR	D	1.0%
THR	D	1.0%
MGTX	F	1.0%
INBX	A	1.0%
FFWM	C	1.0%
BBAI	D	1.0%
TRVI	B	1.0%
KFS	D	1.0%
STGW	C	1.0%
ACCD	D	1.0%
YORW	D	1.0%
SMLR	F	1.0%
JILL	F	1.0%
LFMD	F	1.0%
ALIM	B	1.0%
PKE	D	1.0%
STXS	C	1.0%
LXEO	F	1.0%
LVWR	F	1.0%
MVIS	F	1.0%
XFOR	D	1.0%
CVRX	F	1.0%
TIPT	B	1.0%
INBK	B	1.0%
PROK	B	1.0%
AVXL	D	1.0%
PSTL	B	1.0%
ACIC	D	1.0%
INFU	F	1.0%
PETQ	A	1.0%
ADCT	F	1.0%
PEPG	F	1.0%
ZYXI	F	1.0%
CTOS	F	1.0%
OLMA	D	1.0%
TAYD	B	1.0%
PESI	D	1.0%
JYNT	F	1.0%
SSTI	D	1.0%
CADL	C	1.0%
BVS	B	1.0%
LCTX	F	1.0%
SKYH	B	1.0%
TSQ	F	1.0%
SMID	D	1.0%
EGAN	F	1.0%
SKIN	D	1.0%
PCT	F	1.0%
FHTX	B	1.0%
LAB	D	1.0%
ORIC	C	1.0%
GRPN	F	1.0%
ISPR	F	1.0%
PMTS	D	1.0%
CDZI	D	1.0%
XOMA	B	1.0%
HNST	B	1.0%
PHAT	A	1.0%
OPRX	F	1.0%
TCRX	F	1.0%
SMTI	C	1.0%
BRY	F	1.0%
CDLX	F	1.0%
BDTX	C	1.0%
SCPH	B	1.0%
IGMS	D	1.0%
EAF	F	1.0%
KGS	D	1.0%
HEAR	C	1.0%
GWRS	A	1.0%
AEYE	C	1.0%
QRHC	C	1.0%
PAYS	C	1.0%
UP	F	1.0%
CDXC	B	1.0%
BTMD	D	1.0%
OFLX	D	1.0%
LIVN	D	1.0%
REAL	F	1.0%
MSGE	B	1.0%
AVBP	A	1.0%
CRD.B	B	1.0%
EVCM	D	1.0%
TCX	F	1.0%
LNZA	F	1.0%
KRT	D	1.0%
DSP	C	1.0%
LOVE	D	1.0%
ULCC	D	1.0%
WKC	B	1.0%
ZVRA	A	1.0%
MODV	B	1.0%
ALTG	F	1.0%
CMPO	A	1.0%
MLP	B	1.0%
ARAY	C	1.0%
MGNX	F	1.0%
INSE	D	1.0%
PFMT	A	1.0%
NGNE	D	1.0%
EYPT	F	1.0%
RIGL	A	1.0%
SPIR	F	1.0%
NATH	A	1.0%
BRCC	F	1.0%
KNTK	A	1.0%
VSEC	C	1.0%
UMH	A	1.0%
RICK	D	1.0%
WTI	F	1.0%
INDI	F	1.0%
SERA	C	1.0%
AIP	C	1.0%
TDOC	F	1.0%
EWCZ	F	1.0%
SVV	F	1.0%
EGHT	F	1.0%
PBPB	C	1.0%
AVAH	B	1.0%
BMEA	D	1.0%
PRME	F	1.0%
JSPR	C	1.0%
DENN	F	1.0%
CRCT	D	1.0%
GCBC	D	1.0%
SKYT	C	1.0%
CTRI	F	1.0%
TRAK	B	1.0%
SYNA	F	1.0%
FULC	B	1.0%
TALK	F	1.0%
RCEL	D	1.0%
SGHT	D	1.0%
EB	F	1.0%
BLZE	F	1.0%
LIND	B	1.0%
RIOT	F	1.0%
ABSI	C	1.0%
NTST	A	1.0%
CSTL	A	1.0%
ALT	F	1.0%
MAMA	B	1.0%
VMD	C	1.0%
DOMO	F	1.0%
MIR	D	1.0%
BYRN	A	1.0%
TMCI	F	1.0%
LUNG	C	1.0%
LAZR	F	1.0%
OLO	D	1.0%
SFL	D	1.0%
SIGA	D	1.0%
DAVE	C	1.0%
ITI	A	1.0%
WEST	D	1.0%
METC	F	1.0%
CRMD	B	1.0%
SEZL	B	1.0%
MNTK	F	1.0%
CYRX	D	1.0%
NIC	B	1.0%
GRND	C	1.0%
INST	D	1.0%
GHM	C	1.0%
CHPT	F	1.0%
CDNA	B	1.0%
OCGN	F	1.0%
AKRO	C	1.0%
BWMN	F	1.0%
XPOF	F	1.0%
LYTS	B	1.0%
CRBP	C	1.0%
RDVT	B	1.0%
LWLG	F	1.0%
STER	B	1.0%
DSGR	B	1.0%
NRC	F	1.0%
TH	C	1.0%
HLMN	B	1.0%
PLSE	B	1.0%
ASPN	C	1.0%
CIFR	F	1.0%
TSHA	F	1.0%
FNA	D	1.0%
APLT	B	1.0%
AMRC	B	1.0%
CELC	F	1.0%
SRDX	D	1.0%
DK	F	1.0%
CSV	B	1.0%
WVE	F	1.0%
ROOT	F	1.0%
CTLP	D	1.0%
GETY	D	1.0%
GTHX	A	1.0%
XERS	B	1.0%
MDXG	F	1.0%
IGT	C	1.0%
SVRA	D	1.0%
TTI	F	1.0%
NVEC	D	1.0%
SKWD	A	1.0%
ML	F	1.0%
URGN	F	1.0%
ALEC	F	1.0%
SEAT	F	1.0%
APLD	D	1.0%
LEU	F	1.0%
MLNK	B	1.0%
ESQ	B	1.0%
CLMB	B	1.0%
IRMD	C	1.0%
CYH	A	1.0%
LRMR	D	1.0%
BYND	F	1.0%
CERS	C	1.0%
KRUS	D	1.0%
DMRC	F	1.0%
BAND	F	1.0%
IBRX	F	1.0%
ARCT	F	1.0%
ENFN	D	1.0%
AEHR	F	1.0%
LFST	A	1.0%
JELD	F	1.0%
MITK	F	1.0%
IBTA	F	1.0%
INOD	D	1.0%
DHIL	B	1.0%
CRGY	D	1.0%
BIGC	F	1.0%
CBL	B	1.0%
HY	F	1.0%
BBW	A	1.0%
ATEX	C	1.0%
PX	B	1.0%
GIC	F	1.0%
EU	F	1.0%
WEAV	C	1.0%
TYRA	B	1.0%
IDT	B	1.0%
SBGI	C	1.0%
MAX	B	1.0%
GCT	F	1.0%
AGS	D	1.0%
MNMD	F	1.0%
ATXS	B	1.0%
GCMG	B	1.0%
FC	D	1.0%
BATRA	C	1.0%
FWRG	D	1.0%
DJCO	B	1.0%
CASS	D	1.0%
SEMR	D	1.0%
HUMA	D	1.0%
ARHS	F	1.0%
KALV	D	1.0%
NRDS	F	1.0%
ALX	B	1.0%
TREE	B	1.0%
EVLV	C	1.0%
FDMT	F	1.0%
PTLO	C	1.0%
DBRG	F	1.0%
YMAB	B	1.0%
AMBP	C	1.0%
PRTA	F	1.0%
LQDA	F	1.0%
PLOW	B	1.0%
CDMO	C	1.0%
SRRK	D	1.0%
OSPN	B	1.0%
CGON	A	1.0%
SIBN	C	1.0%
HLF	F	1.0%
CCB	B	1.0%
STOK	A	1.0%
NEXT	D	1.0%
IE	F	1.0%
EVRI	A	1.0%
TNGX	B	1.0%
IMXI	D	1.0%
LPRO	F	1.0%
AXGN	A	1.0%
EVER	D	1.0%
FA	B	1.0%
ACMR	F	1.0%
SMR	D	1.0%
HCKT	B	1.0%
SPRY	B	1.0%
NN	D	1.0%
YEXT	A	1.0%
TPB	A	1.0%
CYTK	F	1.0%
CATX	B	1.0%
ABUS	A	1.0%
ACEL	B	1.0%
FSLY	F	1.0%
GDYN	B	1.0%
AIV	B	1.0%
CGEM	B	1.0%
VRDN	F	1.0%
LMB	B	1.0%
BASE	D	1.0%
PUBM	F	1.0%
AMSC	D	1.0%
UTI	D	1.0%
AMPL	C	1.0%
ZIP	C	1.0%
DAWN	D	1.0%
RVNC	B	1.0%
ATEC	F	1.0%
RSI	D	1.0%
BTSG	A	1.0%
SANA	D	1.0%
ANAB	B	1.0%
ELVN	D	1.0%
AUPH	B	1.0%
ACHR	F	1.0%
IMNM	D	1.0%
CECO	D	1.0%
GRC	D	1.0%
GBTG	B	1.0%
KBH	B	1.0%
BLND	B	1.0%
AORT	C	1.0%
UDMY	F	1.0%
GSAT	C	1.0%
XMTR	D	1.0%
UTZ	A	1.0%
USLM	C	1.0%
LMND	D	1.0%
BBSI	C	1.0%
ATRC	C	1.0%
PRO	F	1.0%
RVLV	B	1.0%
EOLS	B	1.0%
ERII	D	1.0%
DFH	C	1.0%
WLY	C	1.0%
DRVN	B	1.0%
AGX	A	1.0%
LZ	F	1.0%
WULF	D	1.0%
NMRA	F	1.0%
CDRE	D	1.0%
IMAX	B	1.0%
HLIO	F	1.0%
PACS	B	1.0%
GPOR	D	1.0%
SHLS	F	1.0%
CWH	C	1.0%
KNSA	B	1.0%
MRVI	A	1.0%
COCO	D	1.0%
PNTG	B	1.0%
ASGN	D	1.0%
COGT	B	1.0%
MEG	F	1.0%
OEC	F	1.0%
DNUT	C	1.0%
ALHC	A	1.0%
VITL	D	1.0%
VZIO	A	1.0%
ARRY	F	1.0%
TARS	B	1.0%
PWP	B	1.0%
ASAN	F	1.0%
PRAX	A	1.0%
NRIX	B	1.0%
REVG	C	1.0%
SMMT	B	1.0%
TRNS	D	1.0%
COUR	D	1.0%
SILK	B	1.0%
AMBA	D	1.0%
SOC	A	1.0%
LBPH	B	1.0%
CRAI	D	1.0%
ADEA	B	1.0%
SLNO	A	1.0%
MTTR	C	1.0%
RDFN	B	1.0%
BKD	D	1.0%
AMRX	A	1.0%
ZUO	D	1.0%
ARQT	B	1.0%
CMPR	B	1.0%
WRBY	D	1.0%
FLNC	C	1.0%
KFRC	D	1.0%
SAVA	B	1.0%
PWSC	A	1.0%
ENVX	F	1.0%
HROW	B	1.0%
UPWK	F	1.0%
NSSC	F	1.0%
RCKT	F	1.0%
JANX	C	1.0%
MNKD	A	1.0%
IESC	C	1.0%
INFN	A	1.0%
LOB	B	1.0%
AGL	F	1.0%
SOUN	D	1.0%
RXRX	F	1.0%
EWTX	D	1.0%
APPN	F	1.0%
RRR	C	1.0%
NVAX	D	1.0%
PHR	B	1.0%
OCUL	B	1.0%
HEES	F	1.0%
ARDX	D	1.0%
JAMF	D	1.0%
AVDL	D	1.0%
WT	D	1.0%
TGLS	B	1.0%
FUN	D	1.0%
AESI	B	1.0%
AVDX	F	1.0%
ALKT	C	1.0%
SPT	F	1.0%
IONQ	F	1.0%
CORZ	D	1.0%
KURA	D	1.0%
KTOS	C	1.0%
JBI	F	1.0%
VERA	B	1.0%
AVPT	A	1.0%
PTON	B	1.0%
PAYO	B	1.0%
MGNI	D	1.0%
AGM	D	1.0%
BLBD	D	1.0%
OSW	D	1.0%
KROS	B	1.0%
ARVN	F	1.0%
TFIN	D	1.0%
SNDX	D	1.0%
PFSI	A	1.0%
MIRM	B	1.0%
LAUR	C	1.0%
PD	F	1.0%
BCRX	B	1.0%
VYX	F	1.0%
PAR	B	1.0%
GERN	D	1.0%
UPBD	D	1.0%
INTA	B	1.0%
AI	F	1.0%
APGE	B	1.0%
PRKS	C	1.0%
DNLI	A	1.0%
DRS	C	1.0%
UEC	F	1.0%
RXST	B	1.0%
PTCT	C	1.0%
CLSK	F	1.0%
HURN	C	1.0%
NVCR	D	1.0%
GOLF	C	1.0%
COMP	B	1.0%
ACAD	F	1.0%
JOBY	F	1.0%
IMVT	B	1.0%
VERX	C	1.0%
PGNY	D	1.0%
RELY	D	1.0%
BE	F	1.0%
AUR	B	1.0%
MQ	F	1.0%
IRTC	F	1.0%
KOS	F	1.0%
BATRK	C	1.0%
KYMR	B	1.0%
RKLB	B	1.0%
FLYW	D	1.0%
VCTR	B	1.0%
BDC	B	1.0%
RPD	F	1.0%
SKY	B	1.0%
VAL	F	1.0%
CLDX	A	1.0%
TWST	F	1.0%
BRZE	F	1.0%
FRSH	F	1.0%
PTGX	B	1.0%
PRIM	C	1.0%
MGRC	D	1.0%
ROAD	C	1.0%
YOU	B	1.0%
RYTM	A	1.0%
IOVA	C	1.0%
OPCH	A	1.0%
ACVA	B	1.0%
VC	F	1.0%
DYN	D	1.0%
NUVL	A	1.0%
HIMS	F	1.0%
UPST	B	1.0%
BBIO	B	1.0%
SWTX	C	1.0%
SQSP	A	1.0%
HGV	D	1.0%
BHVN	D	1.0%
ARWR	F	1.0%
ATMU	B	1.0%
SG	C	1.0%
GH	F	1.0%
TGTX	B	1.0%
ACLX	A	1.0%
ICFI	B	1.0%
BWIN	B	1.0%
IDYA	D	1.0%
MWA	C	1.0%
ATKR	F	1.0%
NXT	F	1.0%
TNET	F	1.0%
NE	F	1.0%
NSP	F	1.0%
PRCT	B	1.0%
STRL	C	1.0%
CWAN	B	1.0%
POWI	F	1.0%
BLKB	B	1.0%
OSCR	B	1.0%
CRDO	C	1.0%
AXSM	A	1.0%
FOLD	A	1.0%
CBZ	D	1.0%
SLAB	D	1.0%
LANC	D	1.0%
EVH	B	1.0%
AXNX	A	1.0%
KAI	D	1.0%
ENS	D	1.0%
WK	D	1.0%
PI	C	1.0%
HAE	F	1.0%
ADMA	B	1.0%
HRI	D	1.0%
UFPI	D	1.0%
CRNX	C	1.0%
ZWS	D	1.0%
KNF	C	1.0%
RVMD	D	1.0%
MDGL	D	1.0%
QTWO	B	1.0%
RMBS	F	1.0%
RNA	D	1.0%
ZETA	B	1.0%
CSWI	C	1.0%
QLYS	F	1.0%
TMDX	C	1.0%
FFIN	B	1.0%
SIGI	D	1.0%
TENB	D	1.0%
FCFS	A	1.0%
GTLS	F	1.0%
BCO	B	1.0%
ALTR	D	1.0%
BECN	D	1.0%
WTS	D	1.0%
EXPO	B	1.0%
MOD	C	1.0%
CBT	B	1.0%
MMS	C	1.0%
CHX	D	1.0%
EXLS	B	1.0%
HLNE	B	1.0%
BPMC	F	1.0%
RHP	D	1.0%
VRNS	C	1.0%
CWST	C	1.0%
CVLT	B	1.0%
NOVT	C	1.0%
SPXC	C	1.0%
HQY	D	1.0%
ANF	D	1.0%
LNTH	C	1.0%
FLR	C	1.0%
AIT	C	1.0%
HALO	B	1.0%
SFM	B	1.0%
INSM	C	1.0%
FTAI	B	1.0%
PCVX	A	1.0%

IWO Underweight 291 Positions Relative to RWJ

Symbol	Grade	Weight
LUMN	B	-4.65%
UNFI	A	-2.59%
GPI	B	-1.51%
SATS	A	-1.5%
LNC	C	-1.2%
KSS	F	-1.14%
DXC	A	-1.11%
ABG	D	-1.08%
VFC	B	-0.96%
SPTN	A	-0.81%
CWK	B	-0.79%
FL	D	-0.66%
RUSHA	C	-0.65%
ALK	D	-0.65%
ABM	C	-0.65%
DAN	F	-0.63%
JBLU	D	-0.61%
NWL	A	-0.6%
HTZ	F	-0.58%
SANM	D	-0.56%
GNW	B	-0.56%
AAP	F	-0.52%
MTH	B	-0.51%
PARR	F	-0.51%
OI	C	-0.5%
OGN	C	-0.48%
PENN	F	-0.48%
SIG	F	-0.45%
CMA	B	-0.43%
TDS	B	-0.43%
RHI	D	-0.41%
FDP	B	-0.41%
REZI	D	-0.41%
ODP	F	-0.4%
NAVI	C	-0.39%
AXL	F	-0.38%
XRX	D	-0.37%
SEE	D	-0.36%
MHO	B	-0.36%
VSAT	D	-0.34%
LEG	D	-0.34%
IAC	C	-0.32%
ATI	C	-0.32%
HUBG	B	-0.31%
SBH	B	-0.31%
KELYA	D	-0.31%
BTU	D	-0.3%
JXN	C	-0.3%
MLKN	D	-0.29%
PTEN	F	-0.29%
THS	A	-0.28%
PHIN	B	-0.28%
SCSC	C	-0.26%
GO	F	-0.25%
WS	D	-0.25%
GBX	D	-0.25%
MATX	C	-0.24%
VSTS	C	-0.23%
WGO	D	-0.23%
ENVA	B	-0.22%
UVV	B	-0.22%
RUN	B	-0.22%
ICUI	B	-0.22%
SKYW	D	-0.21%
VIRT	A	-0.21%
VSTO	C	-0.21%
NVRI	C	-0.21%
KFY	C	-0.21%
CNXN	B	-0.21%
MODG	F	-0.21%
UNF	C	-0.2%
GPRE	F	-0.2%
BHE	C	-0.2%
GIII	A	-0.2%
MD	B	-0.2%
FWRD	D	-0.19%
STC	B	-0.19%
BKU	B	-0.19%
BGC	B	-0.18%
HP	F	-0.18%
DBI	F	-0.18%
GES	F	-0.18%
FTRE	F	-0.18%
CRC	D	-0.17%
ACA	D	-0.17%
EPC	C	-0.17%
GEO	D	-0.17%
ARCH	F	-0.17%
AL	D	-0.17%
LZB	C	-0.17%
WNC	F	-0.16%
TTMI	D	-0.16%
CEIX	D	-0.16%
MATV	B	-0.16%
HZO	D	-0.16%
HAIN	B	-0.15%
DNOW	D	-0.15%
KMT	D	-0.15%
AVA	B	-0.15%
CXW	D	-0.15%
DLX	D	-0.14%
TWI	D	-0.14%
BGS	C	-0.14%
ALGT	F	-0.14%
UNIT	A	-0.14%
BXMT	C	-0.14%
KOP	D	-0.14%
SXC	F	-0.13%
FULT	C	-0.13%
GDOT	B	-0.13%
ABCB	B	-0.13%
MTX	D	-0.13%
UCBI	B	-0.12%
KAR	D	-0.12%
ZEUS	F	-0.12%
MATW	F	-0.12%
OMCL	A	-0.12%
HCSG	D	-0.12%
ASIX	B	-0.12%
CCRN	F	-0.12%
SVC	D	-0.12%
SFNC	B	-0.12%
PMT	C	-0.11%
SMP	C	-0.11%
AMCX	F	-0.11%
VTOL	C	-0.11%
WSFS	C	-0.11%
CUBI	F	-0.11%
CABO	F	-0.11%
CATY	B	-0.11%
TALO	F	-0.11%
HTH	C	-0.11%
WAFD	B	-0.11%
HMN	B	-0.11%
TRIP	F	-0.1%
HOPE	B	-0.1%
FFBC	B	-0.1%
FHB	C	-0.1%
ECPG	C	-0.1%
AWI	C	-0.1%
HCC	F	-0.1%
NHC	B	-0.1%
PUMP	F	-0.1%
SCHL	D	-0.1%
RES	F	-0.1%
BRC	B	-0.1%
RDN	B	-0.1%
PINC	A	-0.1%
ABR	B	-0.1%
B	D	-0.1%
INDB	B	-0.09%
PRA	C	-0.09%
CLW	F	-0.09%
TGI	D	-0.09%
NUS	F	-0.09%
IBTX	B	-0.09%
NWN	B	-0.09%
EZPW	B	-0.09%
PBH	A	-0.09%
APLE	F	-0.09%
PEB	D	-0.09%
TRMK	B	-0.09%
ASTE	D	-0.09%
MERC	F	-0.09%
MNRO	D	-0.09%
AUB	B	-0.09%
MRCY	B	-0.08%
UFCS	D	-0.08%
VIAV	C	-0.08%
DRH	D	-0.08%
SAFT	B	-0.08%
RNST	C	-0.08%
RC	F	-0.08%
CBU	B	-0.08%
CNSL	A	-0.08%
BOH	B	-0.08%
HSII	B	-0.08%
DEI	B	-0.08%
FOXF	F	-0.08%
CRK	D	-0.08%
SEDG	F	-0.08%
SCVL	B	-0.08%
SBCF	B	-0.07%
DCOM	B	-0.07%
NBTB	B	-0.07%
SLG	B	-0.07%
NX	D	-0.07%
SHO	D	-0.07%
VBTX	B	-0.07%
NTCT	C	-0.07%
BANR	B	-0.07%
FBK	B	-0.07%
XHR	D	-0.07%
PFS	B	-0.07%
MTUS	F	-0.07%
OFG	B	-0.07%
IART	F	-0.07%
STRA	D	-0.07%
EIG	B	-0.07%
PRAA	D	-0.07%
HIW	B	-0.07%
GDEN	C	-0.07%
MSGS	B	-0.07%
SGH	F	-0.07%
HAYW	B	-0.07%
ARI	C	-0.06%
INN	B	-0.06%
AVNS	B	-0.06%
MYGN	B	-0.06%
FCF	B	-0.06%
EGBN	C	-0.06%
BANC	B	-0.06%
RWT	B	-0.06%
AGO	D	-0.06%
NWBI	B	-0.06%
HPP	D	-0.06%
MAC	B	-0.06%
CHUY	A	-0.05%
VREX	F	-0.05%
NBHC	B	-0.05%
JBGS	B	-0.05%
PRDO	D	-0.05%
PRK	B	-0.05%
ETH	F	-0.05%
GNL	A	-0.05%
BHLB	B	-0.05%
CVBF	D	-0.05%
KN	D	-0.05%
ROG	F	-0.05%
BRKL	B	-0.05%
FBNC	B	-0.05%
STBA	B	-0.05%
MMI	B	-0.05%
SJW	A	-0.05%
HVT	D	-0.05%
CWEN	B	-0.05%
AOSL	D	-0.05%
MPW	C	-0.05%
CPK	A	-0.05%
USNA	F	-0.05%
CMP	F	-0.05%
CWEN	B	-0.05%
TR	A	-0.05%
HAFC	B	-0.04%
AAT	B	-0.04%
SBSI	B	-0.04%
PFBC	C	-0.04%
DGII	B	-0.04%
BDN	B	-0.04%
MOV	F	-0.04%
DV	F	-0.04%
CARS	D	-0.04%
HAYN	A	-0.04%
UTL	B	-0.04%
KW	B	-0.04%
HASI	B	-0.03%
DRQ	F	-0.03%
LXP	B	-0.03%
HFWA	B	-0.03%
ROIC	B	-0.03%
TMP	B	-0.03%
CFFN	C	-0.03%
EPRT	A	-0.03%
EFC	B	-0.03%
COHU	F	-0.03%
CPF	B	-0.03%
AKR	B	-0.03%
PRLB	F	-0.03%
UE	B	-0.03%
PPBI	C	-0.03%
GTY	B	-0.02%
ALEX	B	-0.02%
DDD	F	-0.02%
SHEN	F	-0.02%
CERT	F	-0.02%
AMBC	F	-0.02%
CSR	B	-0.02%
FCPT	A	-0.02%
DEA	A	-0.02%
TRST	B	-0.02%
FLGT	D	-0.02%
NXRT	B	-0.02%
NPK	D	-0.02%
IIPR	B	-0.02%
WABC	C	-0.02%
RGNX	F	-0.01%
WSR	D	-0.01%
LGND	B	-0.01%
CTKB	F	-0.01%
LTC	A	-0.01%
VIR	F	-0.0%