IWO vs. VAW ETF Comparison

Comparison of iShares Russell 2000 Growth ETF (IWO) to Vanguard Materials ETF - DNQ (VAW)

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

$277.71

Average Daily Volume

410,883

Number of Holdings ^*

1084

* may have additional holdings in another (foreign) market

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$207.40

Average Daily Volume

31,720

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	IWO	VAW
30 Days	0.18%	1.95%
60 Days	6.10%	6.69%
90 Days	7.71%	9.64%
12 Months	29.92%	25.27%

25 Overlapping Holdings

Symbol	Grade	Weight in IWO	Weight in VAW	Overlap
AMR	F	0.19%	0.19%	0.19%
ASPN	D	0.03%	0.13%	0.03%
BCPC	C	0.42%	0.4%	0.4%
CBT	B	0.45%	0.41%	0.41%
CENX	B	0.06%	0.06%	0.06%
CRS	C	0.56%	0.48%	0.48%
FUL	F	0.09%	0.33%	0.09%
HWKN	A	0.18%	0.18%	0.18%
IE	D	0.05%	0.04%	0.04%
IOSP	F	0.18%	0.2%	0.18%
KALU	D	0.08%	0.08%	0.08%
KNF	C	0.38%	0.3%	0.3%
KWR	D	0.17%	0.17%	0.17%
METC	D	0.02%	0.02%	0.02%
MTRN	F	0.16%	0.17%	0.16%
MYE	F	0.04%	0.03%	0.03%
NGVT	D	0.1%	0.1%	0.1%
OEC	F	0.07%	0.08%	0.07%
PCT	C	0.02%	0.05%	0.02%
PLL	D	0.0%	0.01%	0.0%
PTVE	D	0.0%	0.04%	0.0%
SCL	D	0.01%	0.12%	0.01%
SLVM	C	0.05%	0.19%	0.05%
SXT	C	0.24%	0.2%	0.2%
USLM	C	0.07%	0.07%	0.07%

IWO Overweight 1059 Positions Relative to VAW

Symbol	Grade	Weight
PCVX	B	1.03%
FTAI	A	1.0%
INSM	D	0.86%
SFM	A	0.84%
AIT	B	0.64%
FN	B	0.63%
ENSG	D	0.6%
MLI	C	0.56%
FLR	D	0.55%
LNTH	C	0.54%
HALO	D	0.53%
SPSC	D	0.53%
SPXC	C	0.53%
HQY	C	0.51%
ANF	F	0.51%
HLNE	A	0.49%
MOD	B	0.49%
BMI	A	0.48%
NOVT	C	0.47%
RHP	C	0.47%
CVLT	C	0.46%
GKOS	B	0.46%
EXLS	A	0.45%
CSWI	B	0.45%
CWST	D	0.45%
VRNS	C	0.45%
NSIT	B	0.44%
IBP	B	0.44%
CHX	D	0.44%
EXPO	A	0.43%
MOG.A	A	0.43%
MMSI	C	0.42%
FSS	B	0.42%
WTS	C	0.42%
BPMC	F	0.42%
MMS	B	0.42%
DY	C	0.41%
AVAV	B	0.41%
ZETA	B	0.4%
ACIW	B	0.4%
RNA	B	0.39%
ALTR	B	0.39%
BECN	F	0.38%
BCO	C	0.38%
GTLS	F	0.38%
ZWS	A	0.37%
BOOT	A	0.37%
PIPR	B	0.37%
SIGI	D	0.36%
TENB	F	0.36%
PI	B	0.36%
TMDX	D	0.35%
ALKS	B	0.35%
QLYS	F	0.35%
FELE	C	0.35%
FFIN	D	0.35%
UFPI	C	0.34%
RVMD	B	0.34%
KRYS	D	0.34%
HRI	C	0.34%
RDNT	C	0.34%
KTB	B	0.34%
VRRM	D	0.34%
QTWO	C	0.34%
RMBS	F	0.33%
ITRI	C	0.33%
FCFS	F	0.33%
ADMA	C	0.33%
BOX	C	0.33%
STRL	B	0.32%
HAE	D	0.3%
MGY	B	0.3%
OSCR	C	0.3%
WHD	B	0.3%
CRNX	C	0.3%
NXT	F	0.3%
CRDO	B	0.29%
AEIS	F	0.29%
SHAK	C	0.29%
KAI	C	0.29%
WK	D	0.29%
FTDR	C	0.28%
CORT	B	0.28%
CWAN	C	0.28%
LRN	C	0.27%
TDW	F	0.27%
NUVL	B	0.27%
IDCC	A	0.27%
SHOO	A	0.27%
SLAB	D	0.27%
BHVN	B	0.27%
STEP	A	0.27%
MDGL	F	0.27%
RXO	D	0.27%
HIMS	B	0.27%
ENS	D	0.27%
CVCO	B	0.27%
SG	C	0.26%
AROC	B	0.26%
BLKB	C	0.26%
LANC	F	0.26%
ACLX	C	0.26%
WDFC	B	0.26%
POWI	F	0.26%
AXNX	A	0.26%
CCOI	B	0.25%
NE	F	0.25%
AXSM	B	0.25%
MWA	A	0.25%
ACLS	F	0.25%
MC	C	0.25%
MARA	F	0.25%
FORM	F	0.25%
EAT	A	0.24%
AEO	B	0.24%
SMPL	D	0.24%
PJT	C	0.24%
CBZ	F	0.24%
TGTX	C	0.24%
GMS	C	0.24%
RKLB	B	0.24%
PRCT	C	0.24%
BWIN	B	0.24%
LCII	B	0.23%
TNET	F	0.23%
ATKR	F	0.23%
NSP	F	0.23%
ATMU	B	0.23%
SITM	B	0.23%
ICFI	C	0.23%
EVH	D	0.23%
BL	D	0.23%
PATK	C	0.23%
FOLD	F	0.23%
GVA	A	0.22%
UPST	C	0.22%
ACVA	C	0.22%
ROAD	C	0.22%
DORM	C	0.22%
ENV	C	0.22%
ITGR	C	0.22%
YOU	C	0.21%
PRGS	B	0.21%
DYN	D	0.21%
AUR	C	0.21%
PRIM	C	0.21%
CRVL	C	0.21%
SQSP	A	0.21%
RYTM	C	0.21%
WD	C	0.2%
GH	F	0.2%
GFF	C	0.2%
CARG	C	0.2%
CNS	C	0.2%
PRFT	A	0.2%
HGV	F	0.2%
JJSF	B	0.2%
TNDM	D	0.2%
FUN	F	0.2%
BCC	C	0.2%
APAM	C	0.2%
SMTC	C	0.2%
ASTH	A	0.19%
TWST	D	0.19%
BDC	B	0.19%
SEM	D	0.19%
DOCN	C	0.19%
IDYA	F	0.19%
TRN	C	0.19%
VC	F	0.19%
HBI	B	0.19%
MGRC	D	0.19%
OII	D	0.19%
ALRM	F	0.19%
PTGX	C	0.19%
UEC	B	0.19%
IOVA	F	0.18%
COMP	C	0.18%
KLIC	D	0.18%
AGYS	D	0.18%
IPAR	D	0.18%
CNK	C	0.18%
RPD	D	0.18%
SKY	B	0.18%
OPCH	F	0.18%
ARCB	D	0.18%
SWTX	F	0.17%
VAL	F	0.17%
OSIS	B	0.17%
UFPT	D	0.17%
IRTC	F	0.17%
YELP	D	0.17%
TBBK	C	0.17%
CPRX	C	0.17%
ENR	B	0.17%
EPAC	C	0.17%
VCTR	B	0.17%
ARWR	F	0.17%
PLMR	C	0.17%
FRSH	F	0.17%
KYMR	D	0.16%
JOE	D	0.16%
PTCT	C	0.16%
CNMD	D	0.16%
POWL	A	0.16%
BRZE	F	0.16%
VERX	A	0.16%
NARI	F	0.16%
EVTC	D	0.16%
APGE	C	0.16%
BBIO	F	0.16%
COOP	B	0.16%
VCEL	F	0.15%
MQ	F	0.15%
RELY	F	0.15%
AZZ	C	0.15%
CLSK	F	0.15%
BATRK	F	0.15%
KOS	F	0.15%
EWTX	B	0.15%
CAKE	A	0.15%
GSHD	B	0.15%
NATL	D	0.15%
DNLI	C	0.15%
ACAD	F	0.14%
GOLF	F	0.14%
LMAT	B	0.14%
BE	F	0.14%
AMPH	C	0.14%
HURN	D	0.14%
AI	F	0.14%
INTA	C	0.14%
FLYW	F	0.14%
DRS	A	0.14%
JOBY	D	0.14%
VERA	C	0.13%
MYRG	F	0.13%
PFSI	C	0.13%
PLUS	C	0.13%
RXST	F	0.13%
CLDX	F	0.13%
PAR	D	0.13%
KROS	B	0.13%
VYX	B	0.13%
LAUR	C	0.13%
AWR	A	0.13%
STAA	D	0.13%
PRVA	F	0.13%
GERN	D	0.13%
ALG	D	0.13%
TGLS	A	0.12%
TFIN	F	0.12%
AMN	F	0.12%
MIRM	D	0.12%
RAMP	F	0.12%
ARDX	D	0.12%
UPBD	F	0.12%
NVCR	F	0.12%
ARVN	F	0.12%
SXI	C	0.12%
IESC	B	0.12%
ESE	B	0.12%
IONQ	C	0.12%
PD	F	0.12%
PAYO	B	0.12%
PRKS	D	0.12%
OSW	C	0.12%
SNDX	F	0.12%
CALX	C	0.12%
KTOS	A	0.12%
IMVT	F	0.12%
CORZ	C	0.12%
UCTT	D	0.12%
SMMT	D	0.12%
SPT	F	0.11%
WT	D	0.11%
OCUL	B	0.11%
PSMT	B	0.11%
MGEE	C	0.11%
OTTR	F	0.11%
CSGS	C	0.11%
HEES	D	0.11%
CHEF	C	0.11%
RXRX	F	0.11%
AVPT	C	0.11%
RDFN	C	0.11%
AESI	B	0.11%
BLBD	D	0.11%
VECO	F	0.11%
AGM	F	0.11%
BCRX	D	0.11%
PACS	C	0.11%
HLIT	C	0.11%
UPWK	D	0.1%
PZZA	D	0.1%
COLL	B	0.1%
SONO	D	0.1%
ENVX	D	0.1%
FLNC	C	0.1%
BKE	D	0.1%
APPN	B	0.1%
SOUN	D	0.1%
WWW	A	0.1%
WRBY	C	0.1%
NVAX	C	0.1%
TRUP	D	0.1%
HROW	B	0.1%
NSSC	F	0.1%
PGNY	F	0.1%
INFN	C	0.1%
JBI	F	0.1%
PTON	C	0.1%
AVDX	F	0.1%
SKT	A	0.1%
MGNI	D	0.1%
JAMF	F	0.1%
ALKT	D	0.1%
KURA	F	0.1%
LOB	C	0.1%
THRM	F	0.1%
SLNO	B	0.09%
EXPI	C	0.09%
AMRX	B	0.09%
WOR	F	0.09%
ZUO	F	0.09%
CRAI	C	0.09%
MGPI	D	0.09%
VITL	B	0.09%
HRMY	D	0.09%
MTTR	C	0.09%
VRTS	F	0.09%
DVAX	D	0.09%
TARS	C	0.09%
LBPH	D	0.09%
HNI	B	0.09%
AVDL	F	0.09%
TPH	C	0.09%
RRR	D	0.09%
SOC	B	0.09%
PHR	F	0.09%
JANX	D	0.09%
AGX	A	0.09%
USPH	F	0.09%
MNKD	C	0.09%
ALHC	B	0.08%
ARQT	D	0.08%
ROCK	D	0.08%
ARRY	F	0.08%
CWH	C	0.08%
ASO	D	0.08%
PWP	B	0.08%
COUR	F	0.08%
OUT	C	0.08%
XPEL	D	0.08%
CGON	C	0.08%
TRNS	D	0.08%
HLIO	B	0.08%
ADEA	C	0.08%
BKD	D	0.08%
AMBA	B	0.08%
PLAY	D	0.08%
VRDN	A	0.08%
DFIN	C	0.08%
REVG	D	0.08%
PLXS	B	0.08%
COCO	C	0.08%
FIZZ	D	0.08%
CTS	B	0.08%
SAVA	D	0.08%
SFBS	D	0.08%
ARLO	F	0.08%
KFRC	F	0.08%
AGL	F	0.08%
KLG	D	0.08%
RCKT	F	0.08%
NMRA	B	0.08%
ADUS	D	0.07%
MRVI	F	0.07%
HCI	B	0.07%
LZ	F	0.07%
CLB	D	0.07%
DNUT	D	0.07%
NABL	F	0.07%
RVLV	C	0.07%
ASAN	F	0.07%
COGT	C	0.07%
JACK	F	0.07%
WLY	A	0.07%
CXM	F	0.07%
SHLS	F	0.07%
PNTG	C	0.07%
SMR	B	0.07%
WULF	C	0.07%
EOLS	B	0.07%
ASGN	D	0.07%
PDFS	F	0.07%
KNSA	D	0.07%
MXL	F	0.07%
CMPR	F	0.07%
ERII	B	0.07%
NRIX	D	0.07%
SDGR	F	0.07%
QNST	B	0.07%
GPOR	B	0.07%
PRAX	B	0.07%
VZIO	A	0.07%
ATEN	B	0.07%
MCRI	B	0.07%
EXTR	C	0.07%
CDRE	B	0.07%
DFH	C	0.07%
CVI	F	0.06%
XMTR	D	0.06%
FSLY	D	0.06%
AMSC	C	0.06%
LMB	B	0.06%
WAY	C	0.06%
CGEM	F	0.06%
BLFS	D	0.06%
ANIP	F	0.06%
TNC	F	0.06%
AORT	B	0.06%
BTSG	C	0.06%
RSI	C	0.06%
GBTG	C	0.06%
UTZ	C	0.06%
GRC	B	0.06%
SM	F	0.06%
CECO	D	0.06%
KBH	C	0.06%
CWT	D	0.06%
BLND	C	0.06%
PRO	F	0.06%
RCUS	F	0.06%
JBSS	F	0.06%
IMAX	D	0.06%
DRVN	B	0.06%
BBSI	C	0.06%
ELVN	B	0.06%
ATRC	C	0.06%
OXM	F	0.06%
LPRO	D	0.05%
AIV	C	0.05%
PUBM	F	0.05%
GDYN	B	0.05%
AXGN	B	0.05%
TPB	A	0.05%
HI	F	0.05%
UTI	D	0.05%
TTGT	F	0.05%
CDMO	C	0.05%
LPG	F	0.05%
DAWN	D	0.05%
SSTK	F	0.05%
ACHR	F	0.05%
APLD	B	0.05%
AIN	F	0.05%
ZIP	D	0.05%
ACMR	D	0.05%
URBN	F	0.05%
LNN	C	0.05%
AMPL	D	0.05%
ANAB	D	0.05%
BSIG	D	0.05%
LMND	F	0.05%
BLMN	F	0.05%
IMNM	F	0.05%
YEXT	B	0.05%
PECO	C	0.05%
UDMY	F	0.05%
GRBK	C	0.05%
VVI	B	0.05%
SPRY	B	0.05%
AUPH	C	0.05%
MEG	F	0.05%
GSAT	F	0.05%
LQDT	C	0.04%
CEVA	B	0.04%
HLF	F	0.04%
CASS	D	0.04%
JELD	D	0.04%
AHCO	C	0.04%
UHT	C	0.04%
YMAB	B	0.04%
HUMA	D	0.04%
APLT	B	0.04%
APOG	B	0.04%
SBGI	B	0.04%
WEAV	B	0.04%
SLP	F	0.04%
PLAB	D	0.04%
NRDS	D	0.04%
EVLV	C	0.04%
VICR	B	0.04%
EVER	D	0.04%
ARHS	F	0.04%
MCW	F	0.04%
ALX	C	0.04%
ARCT	D	0.04%
ATGE	D	0.04%
PLOW	C	0.04%
ABUS	D	0.04%
MAX	B	0.04%
XNCR	D	0.04%
THRY	F	0.04%
EU	B	0.04%
NEXT	F	0.04%
AMBP	C	0.04%
RVNC	F	0.04%
OSPN	D	0.04%
TREE	C	0.04%
SEMR	C	0.04%
ATEC	F	0.04%
CCB	C	0.04%
WVE	B	0.04%
IMXI	F	0.04%
CYTK	F	0.04%
CATX	D	0.04%
EVRI	A	0.04%
PTLO	C	0.04%
NN	D	0.04%
SANA	F	0.04%
GCT	D	0.04%
BASE	F	0.04%
HCKT	C	0.04%
DBRG	D	0.04%
ACEL	C	0.04%
LQDA	F	0.04%
LEU	A	0.04%
FA	A	0.04%
BJRI	D	0.03%
MNTK	D	0.03%
FDMT	F	0.03%
HLMN	C	0.03%
SRDX	D	0.03%
ATEX	D	0.03%
CAL	F	0.03%
NRC	F	0.03%
DSGR	C	0.03%
CDNA	B	0.03%
TSHA	F	0.03%
TNGX	F	0.03%
CCS	C	0.03%
AX	D	0.03%
SKWD	B	0.03%
NPO	C	0.03%
GETY	D	0.03%
URGN	F	0.03%
CELC	F	0.03%
NVEC	D	0.03%
SVRA	F	0.03%
ALEC	F	0.03%
WRLD	D	0.03%
CTRE	B	0.03%
DMRC	F	0.03%
BAND	D	0.03%
CBL	D	0.03%
IRMD	B	0.03%
BYND	D	0.03%
XERS	B	0.03%
BFS	A	0.03%
ESQ	C	0.03%
MITK	F	0.03%
TTI	D	0.03%
CYH	C	0.03%
IBRX	F	0.03%
IDT	C	0.03%
AVBP	F	0.03%
BIGC	F	0.03%
AMRC	C	0.03%
MNMD	F	0.03%
CRMD	B	0.03%
CLMB	C	0.03%
PRTA	F	0.03%
DHIL	C	0.03%
CRGY	B	0.03%
BBW	B	0.03%
CIFR	D	0.03%
AMSF	B	0.03%
INOD	D	0.03%
HY	F	0.03%
ATXS	C	0.03%
BATRA	F	0.03%
CTLP	B	0.03%
AGS	B	0.03%
KALV	F	0.03%
PX	C	0.03%
ENFN	C	0.03%
LFST	B	0.03%
STOK	D	0.03%
IBTA	D	0.03%
SIBN	F	0.03%
KRUS	D	0.03%
GIC	D	0.03%
FWRG	F	0.03%
CASH	D	0.03%
GCMG	A	0.03%
SRRK	F	0.03%
VSCO	C	0.03%
TYRA	C	0.03%
FC	C	0.03%
AIR	D	0.03%
DJCO	C	0.03%
REAL	D	0.02%
UP	D	0.02%
IGMS	C	0.02%
JBT	B	0.02%
MRTN	F	0.02%
SERA	D	0.02%
LOVE	C	0.02%
SGHT	D	0.02%
NOG	F	0.02%
LNZA	D	0.02%
GCBC	F	0.02%
WTI	D	0.02%
AIP	F	0.02%
EWCZ	F	0.02%
VSEC	D	0.02%
SYNA	D	0.02%
RIGL	B	0.02%
WEST	F	0.02%
ABSI	F	0.02%
TRAK	D	0.02%
NGNE	B	0.02%
MCY	B	0.02%
MLAB	B	0.02%
PBPB	D	0.02%
SIGA	F	0.02%
SPIR	F	0.02%
LIND	D	0.02%
SKYT	D	0.02%
ULCC	D	0.02%
NVEE	F	0.02%
TDOC	D	0.02%
HTLD	F	0.02%
SNEX	C	0.02%
DENN	D	0.02%
SAH	D	0.02%
CSTL	C	0.02%
SVV	D	0.02%
NTST	D	0.02%
LAZR	F	0.02%
OLO	F	0.02%
DOMO	F	0.02%
HSTM	B	0.02%
EGHT	F	0.02%
MAMA	D	0.02%
CRCT	C	0.02%
OCGN	F	0.02%
VMD	B	0.02%
ALT	F	0.02%
IIIN	F	0.02%
TH	F	0.02%
FBP	D	0.02%
CBRL	D	0.02%
NMIH	C	0.02%
CENTA	F	0.02%
BLZE	D	0.02%
RIOT	F	0.02%
TALK	D	0.02%
LRMR	F	0.02%
TMCI	F	0.02%
MIR	B	0.02%
BMEA	D	0.02%
RCEL	D	0.02%
XPOF	F	0.02%
SFL	D	0.02%
BANF	D	0.02%
CHPT	F	0.02%
SABR	B	0.02%
INST	B	0.02%
LUNG	D	0.02%
ITI	A	0.02%
CYRX	F	0.02%
CMPO	B	0.02%
GRND	D	0.02%
SEAT	F	0.02%
NIC	D	0.02%
HLX	D	0.02%
WERN	D	0.02%
BYRN	C	0.02%
FNA	F	0.02%
DIOD	F	0.02%
PLSE	D	0.02%
RDVT	D	0.02%
LESL	F	0.02%
PDCO	F	0.02%
GHM	D	0.02%
LYTS	B	0.02%
CERS	F	0.02%
ICHR	D	0.02%
BWMN	F	0.02%
DAVE	C	0.02%
ML	F	0.02%
LWLG	F	0.02%
PRG	C	0.02%
EAF	C	0.02%
IGT	F	0.02%
PBI	C	0.02%
CAPR	B	0.02%
MDXG	F	0.02%
ROOT	F	0.02%
VGR	B	0.02%
MLNK	F	0.02%
CON	F	0.02%
STER	C	0.02%
DK	F	0.02%
SEZL	C	0.02%
CSV	C	0.02%
AEHR	F	0.02%
AKRO	C	0.02%
CVLG	D	0.01%
AKYA	D	0.01%
SVCO	F	0.01%
WGS	A	0.01%
HLLY	F	0.01%
FOR	D	0.01%
NOTE	F	0.01%
NGVC	C	0.01%
ODC	D	0.01%
STRW	B	0.01%
NRDY	F	0.01%
REKR	F	0.01%
HQI	D	0.01%
EMBC	F	0.01%
STKS	F	0.01%
EP	D	0.01%
CVGW	B	0.01%
OMER	D	0.01%
VERU	F	0.01%
WBTN	F	0.01%
GCO	F	0.01%
YORW	D	0.01%
CRVO	F	0.01%
ALMS	F	0.01%
SHBI	D	0.01%
GLSI	D	0.01%
SYRE	D	0.01%
RCKY	B	0.01%
CTGO	F	0.01%
MODV	F	0.01%
INVA	B	0.01%
EVI	D	0.01%
INMB	F	0.01%
AMWD	B	0.01%
CENT	F	0.01%
ESPR	F	0.01%
FBLG	F	0.01%
DIN	D	0.01%
QUAD	D	0.01%
QUIK	F	0.01%
CWCO	F	0.01%
SCWO	D	0.01%
NPCE	F	0.01%
NTIC	F	0.01%
EVEX	D	0.01%
THR	F	0.01%
IAS	F	0.01%
MRAM	D	0.01%
GNE	D	0.01%
DC	D	0.01%
ACCD	F	0.01%
LKFN	F	0.01%
PFIS	D	0.01%
STXS	F	0.01%
OPFI	B	0.01%
SKIN	D	0.01%
FULC	F	0.01%
PAHC	C	0.01%
PSTL	C	0.01%
INBX	C	0.01%
AQST	C	0.01%
ACHV	B	0.01%
UVE	C	0.01%
EGAN	F	0.01%
SMLR	F	0.01%
ULH	C	0.01%
TILE	C	0.01%
RAPP	F	0.01%
SSTI	F	0.01%
PKE	F	0.01%
FFWM	F	0.01%
TRVI	C	0.01%
PRCH	F	0.01%
BBAI	F	0.01%
STGW	B	0.01%
GOOD	A	0.01%
PRTH	C	0.01%
CTOS	F	0.01%
LAW	D	0.01%
KFS	D	0.01%
LVWR	F	0.01%
TAYD	D	0.01%
MGTX	F	0.01%
GRPN	F	0.01%
MRSN	D	0.01%
VSTM	D	0.01%
SPNT	D	0.01%
SUPN	D	0.01%
RILY	F	0.01%
LFMD	F	0.01%
INBK	D	0.01%
IRON	C	0.01%
AVXL	D	0.01%
HNST	D	0.01%
CVRX	D	0.01%
JILL	F	0.01%
TIPT	B	0.01%
SMTI	F	0.01%
LWAY	B	0.01%
ACIC	F	0.01%
XFOR	F	0.01%
PMTS	F	0.01%
BDTX	F	0.01%
SKYH	D	0.01%
ARTV	B	0.01%
CRBP	F	0.01%
ZYXI	D	0.01%
PETQ	A	0.01%
PEPG	F	0.01%
RNAC	D	0.01%
ISPR	F	0.01%
JYNT	F	0.01%
TCRX	F	0.01%
PLUG	D	0.01%
CDZI	D	0.01%
PAYS	F	0.01%
INFU	D	0.01%
CDLX	F	0.01%
SCPH	F	0.01%
LAB	F	0.01%
QRHC	D	0.01%
OPRX	F	0.01%
OLMA	F	0.01%
MVIS	D	0.01%
PHAT	C	0.01%
FHTX	C	0.01%
BRY	F	0.01%
LCTX	D	0.01%
ASPI	D	0.01%
TSQ	F	0.01%
BTMD	F	0.01%
XOMA	D	0.01%
CHCO	D	0.01%
PROK	F	0.01%
REX	D	0.01%
NEO	F	0.01%
KLTR	D	0.01%
SMID	D	0.01%
CADL	D	0.01%
ORIC	D	0.01%
ARDT	B	0.01%
ANRO	D	0.01%
GWRS	D	0.01%
EVCM	D	0.01%
ZVRA	D	0.01%
HEAR	B	0.01%
MSGE	A	0.01%
MSEX	C	0.01%
ARAY	F	0.01%
ADCT	D	0.01%
BRCC	F	0.01%
BVS	B	0.01%
KGS	A	0.01%
MLP	D	0.01%
AEYE	D	0.01%
LGIH	C	0.01%
OMI	F	0.01%
TCX	F	0.01%
ZURA	D	0.01%
OFLX	D	0.01%
CDXC	C	0.01%
AVAH	D	0.01%
DSP	C	0.01%
KRT	F	0.01%
LIVN	B	0.01%
PFMT	D	0.01%
NBR	F	0.01%
PESI	B	0.01%
ALTG	F	0.01%
LBRT	F	0.01%
MGNX	F	0.01%
EB	F	0.01%
UMH	C	0.01%
GOGO	F	0.01%
CRD.B	B	0.01%
KREF	C	0.01%
WKC	A	0.01%
EYPT	F	0.01%
NATH	A	0.01%
RGR	F	0.01%
RICK	F	0.01%
LXEO	F	0.01%
INSE	C	0.01%
INDI	F	0.01%
IRWD	F	0.01%
CALM	B	0.01%
JSPR	D	0.01%
SNCY	D	0.01%
PRME	F	0.01%
ANDE	D	0.01%
CTRI	F	0.01%
KNTK	B	0.01%
VIRC	D	0.0%
SPCE	F	0.0%
EP	D	0.0%
ALNT	F	0.0%
CDT	F	0.0%
TVGN	F	0.0%
MKTW	F	0.0%
QRTEB	D	0.0%
BAER	F	0.0%
SCLX	F	0.0%
MGX	F	0.0%
SES	F	0.0%
MASS	F	0.0%
ELYM	F	0.0%
SKYE	F	0.0%
TDUP	F	0.0%
PGEN	F	0.0%
HLVX	F	0.0%
ULBI	D	0.0%
VGAS	D	0.0%
GRWG	F	0.0%
LYRA	F	0.0%
ATLC	C	0.0%
RSVR	C	0.0%
BOLD	D	0.0%
RENB	F	0.0%
AGEN	F	0.0%
HOWL	F	0.0%
PTSI	F	0.0%
AMPX	F	0.0%
RMNI	F	0.0%
LSEA	D	0.0%
BSVN	D	0.0%
SLDB	F	0.0%
ARQ	D	0.0%
VRCA	F	0.0%
ELEV	F	0.0%
IIIV	F	0.0%
TELO	D	0.0%
AISP	F	0.0%
APEI	F	0.0%
CTV	F	0.0%
ATOS	C	0.0%
BOC	D	0.0%
PLPC	D	0.0%
GCTS	F	0.0%
DTI	F	0.0%
FBIZ	D	0.0%
SHYF	D	0.0%
CIX	C	0.0%
ORGO	D	0.0%
MEC	B	0.0%
DIBS	F	0.0%
ALDX	C	0.0%
HRTX	F	0.0%
MITT	C	0.0%
AVTE	D	0.0%
CZFS	C	0.0%
AKBA	F	0.0%
EVC	D	0.0%
ARIS	C	0.0%
ORN	F	0.0%
DLHC	F	0.0%
UHG	D	0.0%
TERN	D	0.0%
LASR	F	0.0%
TNYA	F	0.0%
NATR	F	0.0%
FUBO	F	0.0%
SGC	D	0.0%
CHRS	F	0.0%
CDXS	D	0.0%
EHAB	F	0.0%
GALT	C	0.0%
PROP	F	0.0%
SST	F	0.0%
PBYI	F	0.0%
MLR	B	0.0%
AHH	F	0.0%
VALU	C	0.0%
CLBK	F	0.0%
HBIO	F	0.0%
OOMA	B	0.0%
CHCT	F	0.0%
INNV	D	0.0%
NGS	D	0.0%
CRDF	D	0.0%
NVTS	F	0.0%
HCAT	C	0.0%
MOND	F	0.0%
FLWS	F	0.0%
CURV	F	0.0%
USCB	D	0.0%
OABI	F	0.0%
FG	B	0.0%
RDW	B	0.0%
MPX	D	0.0%
HDSN	D	0.0%
BOW	D	0.0%
AOMR	F	0.0%
GMGI	F	0.0%
GUTS	F	0.0%
EYE	F	0.0%
QBTS	F	0.0%
RM	C	0.0%
REPX	C	0.0%
OTLK	F	0.0%
AILE	F	0.0%
OUST	F	0.0%
SNDA	D	0.0%
CABA	F	0.0%
LVO	F	0.0%
MYFW	C	0.0%
DNTH	D	0.0%
KYTX	F	0.0%
SWBI	F	0.0%
STTK	F	0.0%
PCRX	F	0.0%
OBIO	F	0.0%
FIGS	B	0.0%
DXPE	C	0.0%
PAL	F	0.0%
PSTX	F	0.0%
AIRS	D	0.0%
METCB	D	0.0%
BMBL	F	0.0%
EVGO	D	0.0%
ITIC	C	0.0%
ARKO	C	0.0%
ATNM	F	0.0%
KRRO	F	0.0%
EGY	D	0.0%
OPEN	F	0.0%
CLPR	B	0.0%
QTRX	F	0.0%
CTNM	D	0.0%
EPM	B	0.0%
NWPX	C	0.0%
LXRX	F	0.0%
BLNK	F	0.0%
ANIK	D	0.0%
BOOM	D	0.0%
HOV	D	0.0%
DCGO	F	0.0%
ALXO	F	0.0%
AVO	C	0.0%
CRGX	D	0.0%
MLYS	B	0.0%
TTSH	D	0.0%
VTSI	F	0.0%
CCO	D	0.0%
MAPS	F	0.0%
OVID	D	0.0%
CRSR	D	0.0%
MCBS	D	0.0%
DAKT	D	0.0%

IWO Underweight 91 Positions Relative to VAW

Symbol	Grade	Weight
LIN	B	-16.13%
SHW	B	-6.24%
ECL	B	-4.56%
FCX	B	-4.46%
APD	C	-4.35%
NEM	C	-4.32%
CTVA	A	-2.8%
DOW	B	-2.64%
NUE	D	-2.55%
DD	B	-2.47%
MLM	D	-2.31%
VMC	D	-2.27%
PPG	D	-2.13%
IFF	C	-1.86%
LYB	D	-1.8%
SW	C	-1.73%
BALL	C	-1.39%
PKG	C	-1.32%
STLD	B	-1.25%
AVY	C	-1.25%
AMCR	B	-1.16%
RS	D	-1.15%
IP	C	-1.12%
CF	A	-1.07%
RPM	A	-1.05%
CE	D	-1.0%
EMN	C	-0.84%
CCK	C	-0.77%
ATR	A	-0.71%
ALB	D	-0.65%
GPK	C	-0.65%
MOS	D	-0.64%
EXP	C	-0.61%
X	F	-0.6%
ATI	B	-0.56%
AXTA	C	-0.56%
FMC	B	-0.56%
BERY	C	-0.55%
AA	B	-0.53%
RGLD	C	-0.48%
CLF	D	-0.44%
LPX	A	-0.44%
ESI	B	-0.43%
CMC	D	-0.43%
SON	D	-0.39%
WLK	C	-0.39%
OLN	D	-0.37%
SEE	C	-0.36%
SUM	D	-0.35%
SLGN	C	-0.31%
AVNT	C	-0.31%
ASH	F	-0.3%
NEU	F	-0.29%
HL	C	-0.25%
HUN	B	-0.25%
HCC	B	-0.23%
SMG	A	-0.21%
CC	D	-0.2%
CDE	C	-0.17%
MTX	B	-0.17%
ARCH	D	-0.16%
OI	D	-0.14%
TROX	D	-0.12%
GEF	D	-0.11%
MP	B	-0.11%
PRM	B	-0.11%
WS	D	-0.08%
TRS	D	-0.07%
MATV	F	-0.07%
ASIX	A	-0.06%
ECVT	F	-0.06%
KOP	F	-0.06%
SXC	F	-0.05%
HAYN	B	-0.05%
GATO	B	-0.04%
CLW	F	-0.04%
RYI	F	-0.04%
MTUS	F	-0.04%
LXU	B	-0.03%
ZEUS	F	-0.03%
RDUS	D	-0.03%
MERC	D	-0.02%
IPI	C	-0.02%
KRO	B	-0.02%
PACK	F	-0.02%
CMP	D	-0.02%
TSE	B	-0.01%
AVD	F	-0.01%
ORGN	C	-0.01%
FEAM	F	-0.0%
DNMR	D	-0.0%