IWR vs. ACVF ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to American Conservative Values ETF (ACVF)

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. 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. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000® Index.

Grade (RS Rating)

Last Trade

$91.75

Average Daily Volume

1,440,648

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$44.85

Average Daily Volume

7,603

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	IWR	ACVF
30 Days	1.88%	0.66%
60 Days	5.27%	3.85%
90 Days	7.98%	5.02%
12 Months	30.38%	29.25%

201 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in ACVF	Overlap
	A	F	0.31%	0.06%	0.06%
	AAL	B	0.08%	0.06%	0.06%
	AAP	D	0.02%	0.01%	0.01%
	ADM	D	0.21%	0.07%	0.07%
	AEE	A	0.2%	0.01%	0.01%
	AES	F	0.08%	0.01%	0.01%
	AFL	C	0.51%	0.06%	0.06%
	AJG	B	0.52%	0.05%	0.05%
	ALB	B	0.1%	0.01%	0.01%
	ALL	A	0.43%	0.05%	0.05%
	AMCR	D	0.12%	0.04%	0.04%
	AME	A	0.37%	0.07%	0.07%
	AMP	A	0.46%	0.2%	0.2%
	ANSS	B	0.24%	0.18%	0.18%
	APTV	F	0.12%	0.04%	0.04%
	ARE	F	0.15%	0.02%	0.02%
	AVB	B	0.27%	0.06%	0.06%
	AWK	C	0.22%	0.02%	0.02%
	BALL	D	0.15%	0.06%	0.06%
	BBWI	C	0.06%	0.02%	0.02%
	BBY	D	0.16%	0.06%	0.06%
	BEN	C	0.05%	0.01%	0.01%
	BIIB	F	0.19%	0.02%	0.02%
	BK	B	0.48%	0.07%	0.07%
	BKR	B	0.35%	0.08%	0.08%
	BLDR	D	0.17%	0.14%	0.14%
	BR	B	0.22%	0.06%	0.06%
	BWA	D	0.06%	0.03%	0.03%
	CAH	B	0.24%	0.07%	0.07%
	CBOE	C	0.17%	0.18%	0.17%
	CBRE	B	0.33%	0.14%	0.14%
	CCI	C	0.37%	0.1%	0.1%
	CDW	F	0.2%	0.05%	0.05%
	CE	F	0.07%	0.01%	0.01%
	CFG	B	0.17%	0.07%	0.07%
	CHD	A	0.22%	0.05%	0.05%
	CHRW	B	0.11%	0.03%	0.03%
	CHTR	B	0.3%	0.43%	0.3%
	CINF	A	0.19%	0.05%	0.05%
	CLX	A	0.17%	0.01%	0.01%
	CMI	A	0.41%	0.16%	0.16%
	CNC	F	0.25%	0.06%	0.06%
	CNP	A	0.16%	0.03%	0.03%
	COR	B	0.33%	0.13%	0.13%
	CTSH	C	0.32%	0.25%	0.25%
	CTVA	C	0.32%	0.1%	0.1%
	DD	D	0.28%	0.05%	0.05%
	DFS	B	0.36%	0.34%	0.34%
	DG	F	0.14%	0.06%	0.06%
	DHI	D	0.39%	0.11%	0.11%
	DLR	A	0.48%	0.11%	0.11%
	DLTR	F	0.11%	0.03%	0.03%
	DOW	F	0.26%	0.03%	0.03%
	DPZ	C	0.12%	0.04%	0.04%
	DRI	C	0.16%	0.06%	0.06%
	DTE	C	0.2%	0.04%	0.04%
	DXCM	C	0.25%	0.05%	0.05%
	EA	A	0.36%	0.28%	0.28%
	EBAY	D	0.26%	0.09%	0.09%
	ED	C	0.28%	0.01%	0.01%
	EFX	F	0.25%	0.07%	0.07%
	EIX	C	0.26%	0.06%	0.06%
	EQR	C	0.23%	0.06%	0.06%
	ES	C	0.18%	0.04%	0.04%
	ETSY	D	0.05%	0.06%	0.05%
	EXC	C	0.32%	0.03%	0.03%
	EXPD	D	0.14%	0.04%	0.04%
	EXPE	B	0.19%	0.33%	0.19%
	EXR	C	0.28%	0.01%	0.01%
	FAST	B	0.39%	0.11%	0.11%
	FE	C	0.2%	0.05%	0.05%
	FFIV	B	0.11%	0.21%	0.11%
	FICO	B	0.44%	0.38%	0.38%
	FIS	C	0.41%	0.13%	0.13%
	FITB	B	0.26%	0.12%	0.12%
	FMC	D	0.06%	0.01%	0.01%
	FOX	A	0.05%	0.12%	0.05%
	FOXA	B	0.09%	0.14%	0.09%
	FTRE	D	0.01%	0.0%	0.0%
	FTV	D	0.22%	0.05%	0.05%
	GEHC	D	0.31%	0.07%	0.07%
	GIS	F	0.29%	0.07%	0.07%
	GLW	B	0.29%	0.08%	0.08%
	GPC	F	0.14%	0.06%	0.06%
	GPN	C	0.24%	0.18%	0.18%
	GRMN	B	0.27%	0.46%	0.27%
	GWW	B	0.42%	0.11%	0.11%
	HAL	C	0.22%	0.05%	0.05%
	HAS	D	0.07%	0.01%	0.01%
	HBAN	B	0.21%	0.05%	0.05%
	HES	B	0.33%	0.04%	0.04%
	HIG	B	0.28%	0.07%	0.07%
	HLT	A	0.5%	0.18%	0.18%
	HOLX	D	0.15%	0.02%	0.02%
	HPE	B	0.23%	0.23%	0.23%
	HPQ	B	0.3%	0.15%	0.15%
	HST	D	0.1%	0.02%	0.02%
	HSY	F	0.21%	0.05%	0.05%
	HUM	D	0.27%	0.18%	0.18%
	IDXX	F	0.29%	0.04%	0.04%
	IFF	D	0.18%	0.02%	0.02%
	ILMN	C	0.18%	0.05%	0.05%
	INCY	C	0.1%	0.02%	0.02%
	IP	A	0.16%	0.07%	0.07%
	IPG	F	0.08%	0.19%	0.08%
	IQV	F	0.29%	0.07%	0.07%
	IR	B	0.34%	0.07%	0.07%
	IT	C	0.32%	0.19%	0.19%
	IVZ	C	0.05%	0.0%	0.0%
	J	D	0.14%	0.04%	0.04%
	JBHT	C	0.12%	0.02%	0.02%
	JBL	C	0.12%	0.16%	0.12%
	KEY	B	0.15%	0.04%	0.04%
	KEYS	C	0.21%	0.06%	0.06%
	KMI	A	0.44%	0.11%	0.11%
	KR	B	0.32%	0.04%	0.04%
	KSS	F	0.02%	0.06%	0.02%
	L	A	0.12%	0.04%	0.04%
	LAD	B	0.08%	0.14%	0.08%
	LEN	D	0.33%	0.09%	0.09%
	LEN	D	0.01%	0.09%	0.01%
	LH	B	0.16%	0.04%	0.04%
	LHX	B	0.38%	0.14%	0.14%
	LKQ	F	0.08%	0.02%	0.02%
	LUV	B	0.16%	0.06%	0.06%
	LVS	B	0.14%	0.05%	0.05%
	LYB	F	0.18%	0.04%	0.04%
	LYV	A	0.17%	0.1%	0.1%
	MAA	A	0.15%	0.01%	0.01%
	MANH	D	0.14%	0.16%	0.14%
	MCHP	F	0.27%	0.06%	0.06%
	MGM	D	0.07%	0.08%	0.07%
	MKC	D	0.15%	0.03%	0.03%
	MKTX	D	0.08%	0.02%	0.02%
	MOS	D	0.07%	0.02%	0.02%
	MSCI	B	0.38%	0.06%	0.06%
	MTD	F	0.21%	0.0%	0.0%
	NTRS	A	0.18%	0.08%	0.08%
	NUE	D	0.29%	0.09%	0.09%
	NWS	A	0.03%	0.13%	0.03%
	NWSA	B	0.09%	0.12%	0.09%
	O	C	0.41%	0.02%	0.02%
	ODFL	B	0.35%	0.08%	0.08%
	OKE	A	0.53%	0.09%	0.09%
	OMC	C	0.15%	0.3%	0.15%
	OTIS	C	0.33%	0.05%	0.05%
	PAYC	B	0.09%	0.02%	0.02%
	PAYX	B	0.38%	0.13%	0.13%
	PEG	C	0.37%	0.08%	0.08%
	PFG	C	0.16%	0.03%	0.03%
	PHM	D	0.22%	0.03%	0.03%
	PINS	F	0.14%	0.1%	0.1%
	PKG	B	0.17%	0.04%	0.04%
	POOL	D	0.11%	0.03%	0.03%
	PPG	F	0.24%	0.07%	0.07%
	PRU	B	0.38%	0.04%	0.04%
	PVH	C	0.05%	0.02%	0.02%
	PWR	A	0.39%	0.03%	0.03%
	RCL	A	0.45%	0.1%	0.1%
	RF	A	0.2%	0.08%	0.08%
	RJF	A	0.25%	0.09%	0.09%
	RKT	F	0.02%	0.09%	0.02%
	RL	C	0.07%	0.02%	0.02%
	RMD	C	0.28%	0.04%	0.04%
	ROK	B	0.27%	0.03%	0.03%
	ROST	D	0.38%	0.31%	0.31%
	SBAC	D	0.2%	0.02%	0.02%
	SKX	F	0.07%	0.12%	0.07%
	SOLV	F	0.08%	0.01%	0.01%
	SPG	A	0.48%	0.08%	0.08%
	STT	B	0.24%	0.1%	0.1%
	SW	A	0.22%	0.02%	0.02%
	SYF	B	0.21%	0.01%	0.01%
	SYY	D	0.31%	0.03%	0.03%
	TPR	B	0.11%	0.03%	0.03%
	TROW	B	0.21%	0.07%	0.07%
	TSCO	D	0.24%	0.19%	0.19%
	TTWO	A	0.25%	0.21%	0.21%
	TYL	B	0.21%	0.05%	0.05%
	UA	C	0.01%	0.06%	0.01%
	UAA	C	0.02%	0.06%	0.02%
	UAL	A	0.25%	0.06%	0.06%
	ULTA	F	0.14%	0.03%	0.03%
	VEEV	C	0.26%	0.04%	0.04%
	VLTO	C	0.21%	0.07%	0.07%
	VMC	B	0.3%	0.03%	0.03%
	VRSK	B	0.33%	0.32%	0.32%
	VRSN	F	0.13%	0.35%	0.13%
	VTR	B	0.21%	0.03%	0.03%
	WAB	B	0.28%	0.07%	0.07%
	WBA	F	0.05%	0.02%	0.02%
	WEC	A	0.26%	0.05%	0.05%
	WMB	A	0.57%	0.09%	0.09%
	WTW	B	0.26%	0.08%	0.08%
	WY	D	0.19%	0.04%	0.04%
	WYNN	D	0.08%	0.02%	0.02%
	XEL	A	0.32%	0.07%	0.07%
	XYL	D	0.24%	0.02%	0.02%
	YUM	D	0.31%	0.04%	0.04%
	ZBH	C	0.19%	0.03%	0.03%
	ZBRA	B	0.16%	0.21%	0.16%

IWR Overweight 602 Positions Relative to ACVF

	Symbol	Grade	Weight
	PLTR	A	1.09%
	APP	A	0.63%
	COIN	A	0.5%
	URI	B	0.46%
	MSTR	A	0.44%
	TTD	B	0.43%
	LNG	A	0.4%
	VST	A	0.4%
	SQ	A	0.39%
	KVUE	A	0.38%
	PCG	A	0.37%
	HWM	A	0.37%
	VRT	A	0.36%
	AXON	A	0.35%
	TRGP	A	0.35%
	DAL	A	0.34%
	FERG	C	0.33%
	DDOG	A	0.31%
	ACGL	D	0.3%
	MTB	A	0.29%
	MLM	B	0.29%
	IRM	C	0.28%
	NDAQ	A	0.27%
	VICI	C	0.27%
	HUBS	B	0.27%
	FANG	D	0.27%
	ETR	A	0.26%
	ARES	A	0.25%
	CSGP	F	0.24%
	ALNY	D	0.24%
	DOV	B	0.23%
	ON	F	0.23%
	CPNG	D	0.23%
	BRO	B	0.22%
	FCNCA	A	0.22%
	DECK	A	0.22%
	NET	B	0.22%
	MPWR	F	0.22%
	PPL	A	0.21%
	EQT	A	0.21%
	TPL	A	0.21%
	GDDY	A	0.21%
	RBLX	B	0.21%
	NVR	D	0.21%
	CVNA	A	0.21%
	NTAP	C	0.2%
	DVN	F	0.2%
	CCL	A	0.2%
	CPAY	A	0.2%
	PTC	B	0.19%
	WST	D	0.19%
	EME	A	0.19%
	LPLA	A	0.19%
	HUBB	B	0.19%
	ZM	B	0.18%
	HOOD	A	0.18%
	EXE	A	0.18%
	STE	D	0.18%
	LDOS	C	0.18%
	TDY	B	0.18%
	ATO	A	0.18%
	MKL	A	0.18%
	WBD	B	0.18%
	FSLR	F	0.17%
	CMS	C	0.17%
	WDC	F	0.17%
	CSL	C	0.17%
	INVH	D	0.17%
	STLD	B	0.17%
	WAT	C	0.17%
	K	B	0.17%
	CTRA	B	0.16%
	IBKR	A	0.16%
	NRG	B	0.16%
	BAH	D	0.16%
	ESS	A	0.16%
	COO	D	0.16%
	LII	A	0.16%
	MDB	C	0.16%
	RS	B	0.15%
	DGX	A	0.15%
	WRB	B	0.15%
	WSO	A	0.15%
	DKNG	B	0.15%
	TOST	A	0.15%
	TSN	B	0.15%
	PODD	B	0.15%
	FDS	B	0.15%
	SNA	B	0.15%
	ZS	B	0.15%
	TRU	D	0.15%
	NI	A	0.14%
	KIM	A	0.14%
	TWLO	A	0.14%
	NTRA	A	0.14%
	WSM	D	0.14%
	XPO	B	0.14%
	OC	A	0.14%
	ALGN	D	0.14%
	FWONK	B	0.14%
	NTNX	B	0.14%
	HEI	A	0.14%
	BURL	A	0.14%
	MOH	F	0.14%
	TRMB	B	0.14%
	RPM	B	0.14%
	IEX	B	0.14%
	MAS	D	0.14%
	PNR	B	0.14%
	VTRS	A	0.13%
	FNF	A	0.13%
	RGA	B	0.13%
	DT	C	0.13%
	SUI	C	0.13%
	TOL	B	0.13%
	LNT	A	0.13%
	FIX	A	0.13%
	GWRE	A	0.13%
	SSNC	C	0.13%
	AVY	D	0.13%
	UTHR	C	0.13%
	CF	A	0.13%
	TXT	D	0.13%
	EG	D	0.13%
	MRO	A	0.13%
	TER	F	0.13%
	DOCU	B	0.13%
	GEN	B	0.13%
	BAX	F	0.13%
	ROL	B	0.12%
	SOFI	A	0.12%
	AVTR	F	0.12%
	EQH	B	0.12%
	EVRG	A	0.12%
	EWBC	A	0.12%
	NDSN	D	0.12%
	ACM	B	0.12%
	UDR	C	0.12%
	DOC	D	0.12%
	ENTG	F	0.12%
	USFD	A	0.12%
	THC	C	0.12%
	PSTG	F	0.12%
	CASY	A	0.12%
	TW	A	0.12%
	GGG	B	0.12%
	PFGC	B	0.11%
	GLPI	C	0.11%
	JEF	A	0.11%
	AFRM	A	0.11%
	EPAM	C	0.11%
	ELS	B	0.11%
	SWK	F	0.11%
	AKAM	F	0.11%
	TXRH	B	0.11%
	RNR	C	0.11%
	SWKS	F	0.11%
	RVTY	D	0.11%
	REG	A	0.11%
	CW	B	0.11%
	SAIA	C	0.11%
	BJ	B	0.1%
	BWXT	A	0.1%
	OVV	C	0.1%
	Z	A	0.1%
	UHS	D	0.1%
	UNM	A	0.1%
	NBIX	C	0.1%
	OKTA	D	0.1%
	EMN	D	0.1%
	JNPR	D	0.1%
	HEI	A	0.1%
	NVT	C	0.1%
	BMRN	F	0.1%
	SCI	A	0.1%
	FTI	A	0.1%
	WPC	C	0.1%
	ALLE	D	0.1%
	KMX	C	0.1%
	BXP	D	0.1%
	CPT	C	0.1%
	JLL	D	0.1%
	ITT	A	0.1%
	JKHY	D	0.1%
	COHR	B	0.1%
	CLH	C	0.1%
	CAG	F	0.1%
	BG	D	0.1%
	AMH	C	0.1%
	WBS	A	0.09%
	PRI	A	0.09%
	CACI	C	0.09%
	PNW	B	0.09%
	TECH	F	0.09%
	CCK	D	0.09%
	GNRC	B	0.09%
	CTLT	D	0.09%
	CAVA	C	0.09%
	EVR	B	0.09%
	FND	F	0.09%
	CUBE	C	0.09%
	LW	C	0.09%
	LAMR	D	0.09%
	TAP	B	0.09%
	BLD	F	0.09%
	SJM	D	0.09%
	ATR	B	0.09%
	CG	B	0.09%
	TTEK	F	0.09%
	AA	A	0.09%
	DKS	D	0.09%
	FHN	A	0.09%
	DAY	B	0.09%
	RRX	B	0.09%
	DUOL	A	0.09%
	NCLH	B	0.09%
	LECO	C	0.09%
	OWL	A	0.09%
	AIZ	A	0.09%
	SF	B	0.09%
	TFX	F	0.08%
	FBIN	F	0.08%
	AAON	B	0.08%
	TPX	B	0.08%
	GMED	A	0.08%
	DCI	B	0.08%
	SMCI	F	0.08%
	WMS	F	0.08%
	RGLD	C	0.08%
	INGR	B	0.08%
	WING	D	0.08%
	ORI	A	0.08%
	FRT	B	0.08%
	BRBR	A	0.08%
	TKO	A	0.08%
	SRPT	F	0.08%
	PNFP	B	0.08%
	CRL	D	0.08%
	CNH	C	0.08%
	DOX	D	0.08%
	CIEN	B	0.08%
	PR	B	0.08%
	GL	C	0.08%
	HLI	B	0.08%
	WTRG	B	0.08%
	WAL	B	0.08%
	CHDN	C	0.08%
	LBRDK	C	0.08%
	ARMK	C	0.08%
	EHC	B	0.08%
	MUSA	B	0.08%
	DTM	A	0.08%
	NLY	C	0.08%
	OHI	B	0.08%
	AFG	A	0.08%
	ALLY	C	0.08%
	EXEL	B	0.08%
	GME	C	0.08%
	EXP	B	0.08%
	AYI	B	0.08%
	RPRX	F	0.08%
	ALSN	B	0.08%
	WWD	B	0.08%
	KNSL	B	0.08%
	CHRD	F	0.07%
	MTCH	F	0.07%
	MEDP	D	0.07%
	RRC	B	0.07%
	ACI	C	0.07%
	X	C	0.07%
	SEIC	B	0.07%
	CZR	F	0.07%
	SNV	B	0.07%
	APG	C	0.07%
	DVA	C	0.07%
	APA	F	0.07%
	CNM	C	0.07%
	CFR	B	0.07%
	VOYA	B	0.07%
	PLNT	A	0.07%
	CPB	D	0.07%
	CHE	F	0.07%
	RIVN	F	0.07%
	EGP	D	0.07%
	HRB	D	0.07%
	GPK	D	0.07%
	LNW	F	0.07%
	HRL	D	0.07%
	NYT	D	0.07%
	MTZ	A	0.07%
	TTC	F	0.07%
	CR	A	0.07%
	GLOB	C	0.07%
	WTFC	B	0.07%
	CBSH	A	0.07%
	ZION	B	0.07%
	OGE	A	0.07%
	ITCI	B	0.07%
	FYBR	C	0.07%
	BILL	B	0.07%
	AOS	F	0.07%
	CMA	B	0.07%
	BRX	A	0.07%
	SNX	D	0.07%
	PCTY	B	0.07%
	ROKU	D	0.07%
	KNX	B	0.07%
	PEN	B	0.07%
	HSIC	C	0.07%
	AR	B	0.07%
	AXTA	B	0.07%
	WCC	B	0.07%
	RBC	A	0.07%
	EXAS	D	0.07%
	MORN	B	0.07%
	REXR	F	0.07%
	AWI	B	0.06%
	MTN	C	0.06%
	H	B	0.06%
	CFLT	B	0.06%
	SN	D	0.06%
	LSCC	D	0.06%
	AXS	A	0.06%
	MTDR	C	0.06%
	VMI	B	0.06%
	DAR	B	0.06%
	ALK	A	0.06%
	CGNX	D	0.06%
	FCN	F	0.06%
	BPOP	C	0.06%
	MTSI	B	0.06%
	MASI	B	0.06%
	ELAN	D	0.06%
	R	B	0.06%
	GXO	B	0.06%
	FR	C	0.06%
	ATI	C	0.06%
	FRPT	A	0.06%
	RGEN	F	0.06%
	GNTX	F	0.06%
	VFC	C	0.06%
	ESTC	C	0.06%
	ESAB	C	0.06%
	MKSI	C	0.06%
	AGNC	C	0.06%
	GTLB	B	0.06%
	OSK	C	0.06%
	VNO	C	0.06%
	S	B	0.06%
	LPX	B	0.06%
	MIDD	D	0.06%
	COKE	C	0.06%
	CART	C	0.06%
	RLI	A	0.06%
	RYAN	B	0.06%
	WEX	F	0.06%
	PCOR	C	0.06%
	PB	A	0.06%
	TREX	D	0.06%
	MHK	D	0.06%
	WH	B	0.06%
	KEX	B	0.06%
	SMAR	A	0.06%
	RHI	C	0.06%
	JAZZ	C	0.06%
	ADC	A	0.06%
	SSD	D	0.06%
	OLED	F	0.06%
	HII	F	0.06%
	NNN	C	0.06%
	BERY	D	0.06%
	ONTO	F	0.06%
	FLS	A	0.06%
	KBR	F	0.06%
	G	B	0.06%
	ENPH	F	0.06%
	LITE	B	0.05%
	RITM	D	0.05%
	VVV	D	0.05%
	PATH	C	0.05%
	NFG	A	0.05%
	THO	C	0.05%
	OLLI	D	0.05%
	BRKR	F	0.05%
	JHG	B	0.05%
	CROX	F	0.05%
	AGCO	F	0.05%
	THG	A	0.05%
	VNT	C	0.05%
	AMG	C	0.05%
	LFUS	D	0.05%
	FNB	B	0.05%
	WFRD	F	0.05%
	IDA	A	0.05%
	WHR	B	0.05%
	LAZ	B	0.05%
	FOUR	A	0.05%
	BFAM	F	0.05%
	DOCS	C	0.05%
	STWD	C	0.05%
	ARW	F	0.05%
	UHAL	D	0.05%
	BIO	C	0.05%
	QRVO	F	0.05%
	COLD	F	0.05%
	SITE	D	0.05%
	OMF	A	0.05%
	ESI	B	0.05%
	SIRI	D	0.05%
	SAIC	F	0.05%
	MAT	D	0.05%
	NOV	D	0.05%
	MSA	D	0.05%
	KD	A	0.05%
	WSC	F	0.05%
	MTG	D	0.05%
	PARA	D	0.05%
	COLB	B	0.05%
	LSTR	D	0.05%
	BSY	D	0.05%
	ELF	C	0.05%
	DBX	C	0.05%
	FAF	C	0.05%
	STAG	D	0.05%
	LYFT	C	0.05%
	AZEK	B	0.05%
	HR	C	0.05%
	DINO	D	0.05%
	AZPN	A	0.05%
	M	D	0.04%
	GAP	D	0.04%
	KMPR	A	0.04%
	RYN	D	0.04%
	EEFT	C	0.04%
	PSN	C	0.04%
	SLGN	A	0.04%
	CELH	F	0.04%
	KRC	C	0.04%
	SEE	D	0.04%
	CUZ	B	0.04%
	LOPE	B	0.04%
	RH	D	0.04%
	AGO	A	0.04%
	FIVE	F	0.04%
	ST	F	0.04%
	HCP	B	0.04%
	ROIV	D	0.04%
	AVT	C	0.04%
	WTM	A	0.04%
	HXL	F	0.04%
	OLN	F	0.04%
	TKR	F	0.04%
	SON	F	0.04%
	BYD	B	0.04%
	NXST	C	0.04%
	INSP	F	0.04%
	UGI	C	0.04%
	AL	B	0.04%
	BROS	A	0.04%
	CIVI	D	0.04%
	OZK	B	0.04%
	AM	A	0.04%
	VNOM	A	0.04%
	U	F	0.04%
	VKTX	F	0.04%
	APPF	C	0.04%
	POST	C	0.04%
	SLM	B	0.04%
	LNC	B	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	LEA	F	0.04%
	IONS	F	0.04%
	TPG	A	0.04%
	CRUS	F	0.04%
	BC	D	0.04%
	WEN	C	0.03%
	AMTM	F	0.03%
	BHF	C	0.03%
	SMG	C	0.03%
	PENN	C	0.03%
	VAC	C	0.03%
	ZI	D	0.03%
	HUN	F	0.03%
	YETI	D	0.03%
	NCNO	B	0.03%
	IRDM	F	0.03%
	EPR	D	0.03%
	ZG	A	0.03%
	HIW	D	0.03%
	PII	F	0.03%
	ACHC	F	0.03%
	FHB	B	0.03%
	IAC	D	0.03%
	NVST	C	0.03%
	SPR	D	0.03%
	W	D	0.03%
	TNL	B	0.03%
	NWL	B	0.03%
	PRGO	C	0.03%
	DNB	B	0.03%
	XRAY	D	0.03%
	MDU	D	0.03%
	NEU	D	0.03%
	DXC	D	0.03%
	MSM	D	0.03%
	ASH	F	0.03%
	PEGA	B	0.03%
	OGN	F	0.03%
	LINE	F	0.03%
	HOG	F	0.03%
	FLO	D	0.03%
	RARE	F	0.03%
	CHH	A	0.03%
	GFS	C	0.03%
	MSGS	B	0.03%
	GTES	A	0.03%
	AN	D	0.03%
	DLB	F	0.03%
	WLK	F	0.03%
	VSTS	F	0.02%
	CRI	F	0.02%
	ALAB	B	0.02%
	QDEL	F	0.02%
	LBTYK	A	0.02%
	INFA	D	0.02%
	LBTYA	F	0.02%
	IPGP	D	0.02%
	LCID	F	0.02%
	SHC	F	0.02%
	PPC	B	0.02%
	ADT	B	0.02%
	AZTA	F	0.02%
	RCM	A	0.02%
	HAYW	B	0.02%
	CWEN	C	0.02%
	JWN	C	0.02%
	PINC	B	0.02%
	ALGM	F	0.02%
	CPRI	F	0.02%
	SPB	C	0.02%
	MP	C	0.02%
	HHH	B	0.02%
	ENOV	C	0.02%
	MPW	F	0.02%
	AGR	A	0.02%
	BOKF	B	0.02%
	WU	F	0.02%
	CXT	C	0.02%
	APLS	F	0.02%
	COTY	F	0.02%
	CACC	F	0.02%
	DV	C	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	COLM	B	0.02%
	VIRT	A	0.02%
	CC	D	0.02%
	AMKR	F	0.02%
	ECG	C	0.02%
	AMED	F	0.02%
	MAN	F	0.02%
	PAG	B	0.02%
	RNG	C	0.02%
	SNRE	D	0.02%
	NSA	C	0.02%
	LLYVK	A	0.02%
	PK	D	0.02%
	UWMC	D	0.01%
	PLTK	B	0.01%
	SEB	F	0.01%
	TFSL	A	0.01%
	WOLF	F	0.01%
	LOAR	B	0.01%
	CWEN	C	0.01%
	CNA	C	0.01%
	AS	A	0.01%
	CERT	F	0.01%
	PYCR	C	0.01%
	DDS	B	0.01%
	LLYVA	A	0.01%
	UI	A	0.01%
	TXG	F	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	TRIP	F	0.01%
	LBRDA	C	0.01%
	LEG	F	0.01%
	DJT	C	0.01%
	GO	C	0.01%
	QS	D	0.01%
	CAR	C	0.01%
	FWONA	B	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	CNXC	F	0.01%
	PARAA	C	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	UHAL	D	0.0%
	NFE	F	0.0%

IWR Underweight 163 Positions Relative to ACVF

	Symbol	Grade	Weight
	NVDA	A	-7.98%
	MSFT	D	-4.56%
	BRK.A	B	-2.76%
	AVGO	C	-2.01%
	TSLA	A	-1.92%
	HD	A	-1.77%
	COST	A	-1.72%
	MA	B	-1.7%
	CSCO	B	-1.59%
	PG	C	-1.53%
	LLY	F	-1.48%
	XOM	B	-1.46%
	ORCL	A	-1.18%
	TMUS	B	-1.05%
	MCD	D	-1.0%
	ADBE	D	-0.98%
	NOW	B	-0.95%
	BKNG	A	-0.94%
	INTU	B	-0.92%
	PEP	F	-0.9%
	TJX	A	-0.88%
	ACN	C	-0.88%
	LIN	D	-0.85%
	MSI	B	-0.83%
	FI	A	-0.79%
	ABBV	F	-0.77%
	SO	C	-0.75%
	CVX	A	-0.73%
	ANET	C	-0.7%
	WFC	A	-0.7%
	MDLZ	F	-0.65%
	MRK	F	-0.65%
	SPGI	D	-0.62%
	ISRG	A	-0.62%
	ETN	B	-0.61%
	CI	D	-0.58%
	PM	A	-0.58%
	TXN	C	-0.56%
	AMD	F	-0.55%
	CPRT	B	-0.54%
	AMAT	F	-0.52%
	QCOM	F	-0.52%
	TMO	F	-0.52%
	UBER	F	-0.51%
	ABT	A	-0.51%
	NEE	C	-0.51%
	CAT	C	-0.51%
	SNPS	C	-0.5%
	DHR	D	-0.49%
	ORLY	B	-0.48%
	MAR	B	-0.48%
	SPOT	B	-0.48%
	PANW	B	-0.48%
	HON	B	-0.47%
	ROP	C	-0.46%
	CDNS	B	-0.46%
	CME	A	-0.45%
	C	B	-0.45%
	GE	D	-0.45%
	RTX	D	-0.44%
	WM	B	-0.44%
	ADI	D	-0.44%
	BX	A	-0.42%
	MCO	D	-0.42%
	CTAS	B	-0.4%
	LRCX	F	-0.39%
	DE	C	-0.39%
	CB	C	-0.38%
	RSG	A	-0.38%
	UNP	D	-0.38%
	ADP	B	-0.38%
	ICE	C	-0.38%
	AMGN	D	-0.37%
	ABNB	D	-0.37%
	BMY	A	-0.35%
	ELV	F	-0.34%
	LMT	D	-0.34%
	MS	A	-0.33%
	PLD	D	-0.33%
	PNC	B	-0.33%
	MU	D	-0.32%
	DASH	A	-0.32%
	INTC	C	-0.32%
	SYK	A	-0.31%
	VRTX	D	-0.31%
	KLAC	F	-0.3%
	ADSK	B	-0.3%
	MDT	D	-0.29%
	BSX	A	-0.29%
	MCK	A	-0.28%
	AZO	C	-0.28%
	MPC	D	-0.28%
	MMC	D	-0.26%
	USB	B	-0.26%
	MET	A	-0.25%
	EQIX	A	-0.24%
	MO	A	-0.23%
	REGN	F	-0.22%
	COP	B	-0.22%
	KKR	A	-0.22%
	SHW	C	-0.21%
	GEV	A	-0.21%
	EMR	A	-0.21%
	CL	D	-0.21%
	UPS	C	-0.21%
	WDAY	C	-0.21%
	TFC	A	-0.2%
	JCI	B	-0.2%
	APH	B	-0.2%
	SCHW	A	-0.19%
	PH	B	-0.19%
	MNST	C	-0.19%
	AMT	D	-0.19%
	CSX	C	-0.19%
	T	A	-0.18%
	TT	A	-0.18%
	FCX	F	-0.18%
	NOC	D	-0.18%
	RBA	A	-0.17%
	APD	A	-0.17%
	CVS	F	-0.17%
	STZ	D	-0.17%
	BA	D	-0.17%
	AON	B	-0.17%
	FTNT	B	-0.17%
	NXPI	F	-0.17%
	ZTS	D	-0.16%
	ECL	D	-0.16%
	CRWD	B	-0.16%
	COF	B	-0.16%
	SLB	C	-0.15%
	PSA	C	-0.15%
	FDX	B	-0.15%
	PCAR	C	-0.14%
	BDX	F	-0.14%
	ITW	B	-0.14%
	DUK	C	-0.13%
	EOG	A	-0.13%
	WELL	A	-0.12%
	TDG	D	-0.12%
	F	C	-0.12%
	OXY	F	-0.09%
	GILD	C	-0.09%
	MMM	D	-0.09%
	HCA	F	-0.09%
	CEG	C	-0.08%
	GD	D	-0.08%
	KMB	C	-0.08%
	EW	C	-0.08%
	NEM	D	-0.07%
	CARR	D	-0.07%
	TRV	A	-0.05%
	AIG	C	-0.05%
	NSC	B	-0.05%
	KHC	F	-0.05%
	STX	D	-0.04%
	EL	F	-0.03%
	D	C	-0.03%
	AEP	C	-0.03%
	SRE	A	-0.03%
	SLVM	C	-0.01%
	PHIN	B	-0.01%
	EMBC	D	-0.0%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Diagnostics & Research Software - Infrastructure Business Services Utilities - Regulated Electric Asset Management Oil & Gas E&P Specialty Retail Packaged Foods Packaging & Containers Information Technology Services Semiconductors Building Materials Capital Markets Insurance - Property & Casualty REIT - Residential Specialty Chemicals

Keywords: S&P 500 Computing Natural Gas Insurance Nasdaq 100 Real Estate Investment Trust Electronics Banking Aerospace Bank Chemical Electricity Telecommunications Mining Medicine Insurance Products Semiconductor Biotechnology Beverage Cloud Computing

ACVF: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Semiconductors Specialty Retail Banks - Regional - US Capital Markets Drug Manufacturers - Major Specialty Chemicals Aerospace & Defense Household & Personal Products Medical Devices Utilities - Diversified Health Care Plans Insurance - Property & Casualty Integrated Shipping & Logistics Packaging & Containers

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Electricity Electronics Chemical Dow Jones Component Medicine Bank Telecommunications Aerospace Real Estate Investment Trust Semiconductor Transport Banking Mining Investment Bank Insurance Products