IWR vs. AFMC ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Active Factor Mid Cap ETF (AFMC)

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 1000Â® Index.

Grade (RS Rating)

Last Trade

$91.79

Average Daily Volume

1,440,648

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.13

Average Daily Volume

8,970

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

Performance

Period	IWR	AFMC
30 Days	1.88%	0.86%
60 Days	5.27%	4.02%
90 Days	7.98%	7.05%
12 Months	30.38%	36.05%

161 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in AFMC	Overlap
ADC	A	0.06%	0.33%	0.06%
AGCO	F	0.05%	0.42%	0.05%
AIZ	A	0.09%	0.37%	0.09%
ALSN	B	0.08%	1.14%	0.08%
AMG	C	0.05%	0.61%	0.05%
AN	D	0.03%	0.25%	0.03%
AOS	F	0.07%	0.1%	0.07%
APA	F	0.07%	0.08%	0.07%
APPF	C	0.04%	0.3%	0.04%
ARW	F	0.05%	0.34%	0.05%
ATR	B	0.09%	0.15%	0.09%
AVT	C	0.04%	0.28%	0.04%
AWI	B	0.06%	0.05%	0.05%
AYI	B	0.08%	1.19%	0.08%
BERY	D	0.06%	0.57%	0.06%
BLD	F	0.09%	0.13%	0.09%
BLDR	D	0.17%	0.6%	0.17%
BRBR	A	0.08%	0.58%	0.08%
BRX	A	0.07%	0.08%	0.07%
BWA	D	0.06%	0.21%	0.06%
BYD	B	0.04%	0.35%	0.04%
CACI	C	0.09%	0.76%	0.09%
CAH	B	0.24%	0.13%	0.13%
CASY	A	0.12%	0.14%	0.12%
CBSH	A	0.07%	0.5%	0.07%
CHE	F	0.07%	0.4%	0.07%
CHRD	F	0.07%	0.39%	0.07%
CHRW	B	0.11%	0.27%	0.11%
CLF	F	0.04%	0.18%	0.04%
CNA	C	0.01%	0.24%	0.01%
CNM	C	0.07%	0.67%	0.07%
CNXC	F	0.01%	0.09%	0.01%
COKE	C	0.06%	0.83%	0.06%
COLB	B	0.05%	0.33%	0.05%
CPT	C	0.1%	0.09%	0.09%
CR	A	0.07%	0.29%	0.07%
CRI	F	0.02%	0.18%	0.02%
CROX	F	0.05%	0.17%	0.05%
CRUS	F	0.04%	0.47%	0.04%
CSL	C	0.17%	0.82%	0.17%
CUBE	C	0.09%	0.1%	0.09%
CUZ	B	0.04%	0.56%	0.04%
CW	B	0.11%	0.81%	0.11%
CXT	C	0.02%	0.04%	0.02%
DBX	C	0.05%	0.55%	0.05%
DCI	B	0.08%	0.08%	0.08%
DDS	B	0.01%	0.38%	0.01%
DECK	A	0.22%	0.51%	0.22%
DINO	D	0.05%	0.46%	0.05%
DKS	D	0.09%	0.29%	0.09%
DOCS	C	0.05%	0.08%	0.05%
DVA	C	0.07%	0.05%	0.05%
DXC	D	0.03%	0.18%	0.03%
EHC	B	0.08%	0.27%	0.08%
ELF	C	0.05%	0.11%	0.05%
EME	A	0.19%	1.3%	0.19%
EPR	D	0.03%	0.31%	0.03%
EQH	B	0.12%	0.1%	0.1%
ESAB	C	0.06%	0.24%	0.06%
EXEL	B	0.08%	0.39%	0.08%
EXP	B	0.08%	0.57%	0.08%
FFIV	B	0.11%	0.57%	0.11%
FHN	A	0.09%	0.31%	0.09%
FICO	B	0.44%	0.66%	0.44%
FIX	A	0.13%	1.0%	0.13%
G	B	0.06%	0.67%	0.06%
GAP	D	0.04%	0.32%	0.04%
GDDY	A	0.21%	1.12%	0.21%
GEN	B	0.13%	0.1%	0.1%
GLPI	C	0.11%	0.68%	0.11%
GMED	A	0.08%	0.46%	0.08%
HIW	D	0.03%	0.78%	0.03%
HLI	B	0.08%	0.39%	0.08%
HOG	F	0.03%	0.25%	0.03%
HRB	D	0.07%	0.53%	0.07%
HSIC	C	0.07%	0.08%	0.07%
HST	D	0.1%	0.22%	0.1%
INCY	C	0.1%	0.32%	0.1%
INGR	B	0.08%	0.92%	0.08%
ITT	A	0.1%	0.09%	0.09%
JAZZ	C	0.06%	0.39%	0.06%
JBL	C	0.12%	0.69%	0.12%
JHG	B	0.05%	0.26%	0.05%
JLL	D	0.1%	0.44%	0.1%
JWN	C	0.02%	0.19%	0.02%
L	A	0.12%	0.21%	0.12%
LAMR	D	0.09%	0.39%	0.09%
LEA	F	0.04%	0.21%	0.04%
LECO	C	0.09%	0.09%	0.09%
LII	A	0.16%	0.73%	0.16%
LOPE	B	0.04%	0.27%	0.04%
LPX	B	0.06%	0.24%	0.06%
M	D	0.04%	0.15%	0.04%
MAN	F	0.02%	0.39%	0.02%
MANH	D	0.14%	0.28%	0.14%
MEDP	D	0.07%	0.47%	0.07%
MOH	F	0.14%	0.37%	0.14%
MSM	D	0.03%	0.26%	0.03%
MTG	D	0.05%	1.07%	0.05%
MUSA	B	0.08%	0.58%	0.08%
NBIX	C	0.1%	0.22%	0.1%
NEU	D	0.03%	0.19%	0.03%
NFG	A	0.05%	0.55%	0.05%
NNN	C	0.06%	0.0%	0.0%
NRG	B	0.16%	0.96%	0.16%
NSA	C	0.02%	0.26%	0.02%
NTAP	C	0.2%	0.59%	0.2%
NVST	C	0.03%	0.46%	0.03%
NVT	C	0.1%	0.27%	0.1%
NXST	C	0.04%	0.62%	0.04%
NYT	D	0.07%	0.51%	0.07%
OC	A	0.14%	0.78%	0.14%
OGN	F	0.03%	0.08%	0.03%
OHI	B	0.08%	0.58%	0.08%
OLN	F	0.04%	0.26%	0.04%
ONTO	F	0.06%	0.44%	0.06%
ORI	A	0.08%	1.12%	0.08%
OZK	B	0.04%	0.2%	0.04%
PHM	D	0.22%	0.57%	0.22%
PINC	B	0.02%	0.44%	0.02%
PK	D	0.02%	0.44%	0.02%
PPC	B	0.02%	0.53%	0.02%
PRGO	C	0.03%	0.18%	0.03%
PRI	A	0.09%	0.59%	0.09%
PSN	C	0.04%	0.53%	0.04%
PVH	C	0.05%	0.41%	0.05%
RGLD	C	0.08%	0.4%	0.08%
RL	C	0.07%	0.27%	0.07%
RPM	B	0.14%	0.5%	0.14%
RS	B	0.15%	0.35%	0.15%
SAIC	F	0.05%	0.38%	0.05%
SF	B	0.09%	0.74%	0.09%
SJM	D	0.09%	0.18%	0.09%
SKX	F	0.07%	0.07%	0.07%
SNA	B	0.15%	0.46%	0.15%
SNX	D	0.07%	0.57%	0.07%
STLD	B	0.17%	0.36%	0.17%
TAP	B	0.09%	0.07%	0.07%
TDC	D	0.02%	0.23%	0.02%
THC	C	0.12%	1.2%	0.12%
TOL	B	0.13%	1.48%	0.13%
TPL	A	0.21%	0.87%	0.21%
TPR	B	0.11%	0.56%	0.11%
TTEK	F	0.09%	0.3%	0.09%
TXRH	B	0.11%	0.7%	0.11%
UGI	C	0.04%	0.33%	0.04%
UHS	D	0.1%	0.46%	0.1%
UNM	A	0.1%	0.9%	0.1%
UTHR	C	0.13%	1.66%	0.13%
VMI	B	0.06%	0.24%	0.06%
VNT	C	0.05%	0.1%	0.05%
VST	A	0.4%	0.95%	0.4%
WBS	A	0.09%	0.71%	0.09%
WCC	B	0.07%	0.26%	0.07%
WFRD	F	0.05%	0.4%	0.05%
WPC	C	0.1%	0.62%	0.1%
WSM	D	0.14%	0.71%	0.14%
WSO	A	0.15%	0.37%	0.15%
WU	F	0.02%	0.07%	0.02%
WWD	B	0.08%	0.26%	0.08%
ZION	B	0.07%	0.17%	0.07%

IWR Overweight 642 Positions Relative to AFMC

Symbol	Grade	Weight
PLTR	A	1.09%
APP	A	0.63%
WMB	A	0.57%
OKE	A	0.53%
AJG	B	0.52%
AFL	C	0.51%
COIN	A	0.5%
HLT	A	0.5%
BK	B	0.48%
DLR	A	0.48%
SPG	A	0.48%
URI	B	0.46%
AMP	A	0.46%
RCL	A	0.45%
KMI	A	0.44%
MSTR	A	0.44%
ALL	A	0.43%
TTD	B	0.43%
GWW	B	0.42%
O	C	0.41%
CMI	A	0.41%
FIS	C	0.41%
LNG	A	0.4%
FAST	B	0.39%
SQ	A	0.39%
PWR	A	0.39%
DHI	D	0.39%
MSCI	B	0.38%
KVUE	A	0.38%
PRU	B	0.38%
PAYX	B	0.38%
ROST	D	0.38%
LHX	B	0.38%
PEG	C	0.37%
AME	A	0.37%
PCG	A	0.37%
CCI	C	0.37%
HWM	A	0.37%
EA	A	0.36%
VRT	A	0.36%
DFS	B	0.36%
ODFL	B	0.35%
BKR	B	0.35%
AXON	A	0.35%
TRGP	A	0.35%
DAL	A	0.34%
IR	B	0.34%
CBRE	B	0.33%
COR	B	0.33%
VRSK	B	0.33%
OTIS	C	0.33%
LEN	D	0.33%
FERG	C	0.33%
HES	B	0.33%
CTSH	C	0.32%
KR	B	0.32%
CTVA	C	0.32%
XEL	A	0.32%
EXC	C	0.32%
IT	C	0.32%
GEHC	D	0.31%
A	F	0.31%
SYY	D	0.31%
YUM	D	0.31%
DDOG	A	0.31%
HPQ	B	0.3%
CHTR	B	0.3%
ACGL	D	0.3%
VMC	B	0.3%
IDXX	F	0.29%
IQV	F	0.29%
NUE	D	0.29%
GIS	F	0.29%
GLW	B	0.29%
MTB	A	0.29%
MLM	B	0.29%
ED	C	0.28%
IRM	C	0.28%
WAB	B	0.28%
RMD	C	0.28%
DD	D	0.28%
EXR	C	0.28%
HIG	B	0.28%
GRMN	B	0.27%
NDAQ	A	0.27%
AVB	B	0.27%
ROK	B	0.27%
VICI	C	0.27%
HUBS	B	0.27%
HUM	D	0.27%
FANG	D	0.27%
MCHP	F	0.27%
DOW	F	0.26%
WEC	A	0.26%
EBAY	D	0.26%
VEEV	C	0.26%
ETR	A	0.26%
EIX	C	0.26%
WTW	B	0.26%
FITB	B	0.26%
UAL	A	0.25%
CNC	F	0.25%
DXCM	C	0.25%
RJF	A	0.25%
EFX	F	0.25%
ARES	A	0.25%
TTWO	A	0.25%
PPG	F	0.24%
STT	B	0.24%
CSGP	F	0.24%
ANSS	B	0.24%
XYL	D	0.24%
GPN	C	0.24%
TSCO	D	0.24%
ALNY	D	0.24%
HPE	B	0.23%
DOV	B	0.23%
EQR	C	0.23%
ON	F	0.23%
CPNG	D	0.23%
HAL	C	0.22%
AWK	C	0.22%
BRO	B	0.22%
FCNCA	A	0.22%
FTV	D	0.22%
CHD	A	0.22%
SW	A	0.22%
BR	B	0.22%
NET	B	0.22%
MPWR	F	0.22%
PPL	A	0.21%
MTD	F	0.21%
HSY	F	0.21%
EQT	A	0.21%
TYL	B	0.21%
VLTO	C	0.21%
ADM	D	0.21%
HBAN	B	0.21%
SYF	B	0.21%
VTR	B	0.21%
RBLX	B	0.21%
NVR	D	0.21%
TROW	B	0.21%
KEYS	C	0.21%
CVNA	A	0.21%
SBAC	D	0.2%
CDW	F	0.2%
FE	C	0.2%
DVN	F	0.2%
RF	A	0.2%
CCL	A	0.2%
AEE	A	0.2%
DTE	C	0.2%
CPAY	A	0.2%
PTC	B	0.19%
WY	D	0.19%
WST	D	0.19%
EXPE	B	0.19%
ZBH	C	0.19%
BIIB	F	0.19%
CINF	A	0.19%
LPLA	A	0.19%
HUBB	B	0.19%
ZM	B	0.18%
NTRS	A	0.18%
HOOD	A	0.18%
LYB	F	0.18%
ILMN	C	0.18%
EXE	A	0.18%
STE	D	0.18%
LDOS	C	0.18%
ES	C	0.18%
TDY	B	0.18%
ATO	A	0.18%
MKL	A	0.18%
IFF	D	0.18%
WBD	B	0.18%
FSLR	F	0.17%
CMS	C	0.17%
LYV	A	0.17%
WDC	F	0.17%
INVH	D	0.17%
CLX	A	0.17%
PKG	B	0.17%
CBOE	C	0.17%
WAT	C	0.17%
K	B	0.17%
CFG	B	0.17%
CTRA	B	0.16%
IBKR	A	0.16%
BAH	D	0.16%
ESS	A	0.16%
COO	D	0.16%
LUV	B	0.16%
CNP	A	0.16%
ZBRA	B	0.16%
MDB	C	0.16%
LH	B	0.16%
DRI	C	0.16%
PFG	C	0.16%
BBY	D	0.16%
IP	A	0.16%
KEY	B	0.15%
DGX	A	0.15%
WRB	B	0.15%
HOLX	D	0.15%
DKNG	B	0.15%
TOST	A	0.15%
TSN	B	0.15%
PODD	B	0.15%
ARE	F	0.15%
MAA	A	0.15%
FDS	B	0.15%
ZS	B	0.15%
TRU	D	0.15%
MKC	D	0.15%
BALL	D	0.15%
OMC	C	0.15%
NI	A	0.14%
KIM	A	0.14%
TWLO	A	0.14%
NTRA	A	0.14%
DG	F	0.14%
XPO	B	0.14%
ALGN	D	0.14%
FWONK	B	0.14%
NTNX	B	0.14%
LVS	B	0.14%
EXPD	D	0.14%
PINS	F	0.14%
HEI	A	0.14%
GPC	F	0.14%
BURL	A	0.14%
TRMB	B	0.14%
IEX	B	0.14%
MAS	D	0.14%
J	D	0.14%
PNR	B	0.14%
ULTA	F	0.14%
VTRS	A	0.13%
FNF	A	0.13%
RGA	B	0.13%
VRSN	F	0.13%
DT	C	0.13%
SUI	C	0.13%
LNT	A	0.13%
GWRE	A	0.13%
SSNC	C	0.13%
AVY	D	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%
BAX	F	0.13%
ROL	B	0.12%
SOFI	A	0.12%
AVTR	F	0.12%
EVRG	A	0.12%
EWBC	A	0.12%
APTV	F	0.12%
NDSN	D	0.12%
ACM	B	0.12%
UDR	C	0.12%
DOC	D	0.12%
AMCR	D	0.12%
ENTG	F	0.12%
USFD	A	0.12%
PSTG	F	0.12%
DPZ	C	0.12%
JBHT	C	0.12%
TW	A	0.12%
GGG	B	0.12%
PFGC	B	0.11%
JEF	A	0.11%
DLTR	F	0.11%
AFRM	A	0.11%
EPAM	C	0.11%
ELS	B	0.11%
SWK	F	0.11%
AKAM	F	0.11%
RNR	C	0.11%
SWKS	F	0.11%
POOL	D	0.11%
RVTY	D	0.11%
REG	A	0.11%
SAIA	C	0.11%
BJ	B	0.1%
BWXT	A	0.1%
OVV	C	0.1%
Z	A	0.1%
OKTA	D	0.1%
EMN	D	0.1%
JNPR	D	0.1%
HEI	A	0.1%
BMRN	F	0.1%
SCI	A	0.1%
FTI	A	0.1%
ALB	B	0.1%
ALLE	D	0.1%
KMX	C	0.1%
BXP	D	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%
PNW	B	0.09%
FOXA	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%
LW	C	0.09%
NWSA	B	0.09%
CG	B	0.09%
AA	A	0.09%
PAYC	B	0.09%
DAY	B	0.09%
RRX	B	0.09%
DUOL	A	0.09%
NCLH	B	0.09%
OWL	A	0.09%
TFX	F	0.08%
FBIN	F	0.08%
AAON	B	0.08%
TPX	B	0.08%
SMCI	F	0.08%
WMS	F	0.08%
WYNN	D	0.08%
WING	D	0.08%
SOLV	F	0.08%
FRT	B	0.08%
TKO	A	0.08%
SRPT	F	0.08%
PNFP	B	0.08%
AAL	B	0.08%
CRL	D	0.08%
CNH	C	0.08%
DOX	D	0.08%
CIEN	B	0.08%
MKTX	D	0.08%
PR	B	0.08%
GL	C	0.08%
WTRG	B	0.08%
WAL	B	0.08%
CHDN	C	0.08%
LBRDK	C	0.08%
ARMK	C	0.08%
DTM	A	0.08%
NLY	C	0.08%
AFG	A	0.08%
ALLY	C	0.08%
AES	F	0.08%
GME	C	0.08%
LKQ	F	0.08%
RPRX	F	0.08%
LAD	B	0.08%
IPG	F	0.08%
KNSL	B	0.08%
MTCH	F	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%
CE	F	0.07%
CFR	B	0.07%
VOYA	B	0.07%
PLNT	A	0.07%
CPB	D	0.07%
RIVN	F	0.07%
EGP	D	0.07%
GPK	D	0.07%
MOS	D	0.07%
LNW	F	0.07%
HRL	D	0.07%
MTZ	A	0.07%
TTC	F	0.07%
GLOB	C	0.07%
WTFC	B	0.07%
OGE	A	0.07%
ITCI	B	0.07%
FYBR	C	0.07%
HAS	D	0.07%
BILL	B	0.07%
CMA	B	0.07%
MGM	D	0.07%
PCTY	B	0.07%
ROKU	D	0.07%
KNX	B	0.07%
PEN	B	0.07%
AR	B	0.07%
AXTA	B	0.07%
RBC	A	0.07%
EXAS	D	0.07%
MORN	B	0.07%
REXR	F	0.07%
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%
FMC	D	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%
MKSI	C	0.06%
AGNC	C	0.06%
GTLB	B	0.06%
BBWI	C	0.06%
OSK	C	0.06%
VNO	C	0.06%
S	B	0.06%
MIDD	D	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%
SSD	D	0.06%
OLED	F	0.06%
HII	F	0.06%
FLS	A	0.06%
KBR	F	0.06%
ENPH	F	0.06%
LITE	B	0.05%
RITM	D	0.05%
VVV	D	0.05%
PATH	C	0.05%
THO	C	0.05%
OLLI	D	0.05%
BRKR	F	0.05%
FOX	A	0.05%
ETSY	D	0.05%
THG	A	0.05%
LFUS	D	0.05%
FNB	B	0.05%
IDA	A	0.05%
WHR	B	0.05%
LAZ	B	0.05%
FOUR	A	0.05%
BFAM	F	0.05%
WBA	F	0.05%
STWD	C	0.05%
UHAL	D	0.05%
BEN	C	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%
MAT	D	0.05%
NOV	D	0.05%
MSA	D	0.05%
KD	A	0.05%
WSC	F	0.05%
IVZ	C	0.05%
PARA	D	0.05%
LSTR	D	0.05%
BSY	D	0.05%
FAF	C	0.05%
STAG	D	0.05%
LYFT	C	0.05%
AZEK	B	0.05%
HR	C	0.05%
AZPN	A	0.05%
KMPR	A	0.04%
RYN	D	0.04%
EEFT	C	0.04%
SLGN	A	0.04%
CELH	F	0.04%
KRC	C	0.04%
SEE	D	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%
WTM	A	0.04%
HXL	F	0.04%
TKR	F	0.04%
SON	F	0.04%
INSP	F	0.04%
AL	B	0.04%
BROS	A	0.04%
CIVI	D	0.04%
AM	A	0.04%
VNOM	A	0.04%
U	F	0.04%
VKTX	F	0.04%
POST	C	0.04%
SLM	B	0.04%
LNC	B	0.04%
CCCS	B	0.04%
IONS	F	0.04%
TPG	A	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%
ZG	A	0.03%
PII	F	0.03%
ACHC	F	0.03%
FHB	B	0.03%
IAC	D	0.03%
SPR	D	0.03%
W	D	0.03%
TNL	B	0.03%
NWS	A	0.03%
NWL	B	0.03%
DNB	B	0.03%
XRAY	D	0.03%
MDU	D	0.03%
ASH	F	0.03%
PEGA	B	0.03%
LINE	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%
DLB	F	0.03%
WLK	F	0.03%
VSTS	F	0.02%
UAA	C	0.02%
ALAB	B	0.02%
RKT	F	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%
KSS	F	0.02%
SHC	F	0.02%
ADT	B	0.02%
AZTA	F	0.02%
RCM	A	0.02%
AAP	D	0.02%
HAYW	B	0.02%
CWEN	C	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%
APLS	F	0.02%
COTY	F	0.02%
CACC	F	0.02%
DV	C	0.02%
FIVN	C	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%
PAG	B	0.02%
RNG	C	0.02%
SNRE	D	0.02%
LLYVK	A	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%
AS	A	0.01%
CERT	F	0.01%
PYCR	C	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%
FTRE	D	0.01%
FWONA	B	0.01%
UA	C	0.01%
CLVT	D	0.01%
LEN	D	0.01%
BIRK	D	0.01%
PARAA	C	0.0%
SEG	B	0.0%
GRAL	C	0.0%
UHAL	D	0.0%
NFE	F	0.0%

IWR Underweight 83 Positions Relative to AFMC

Symbol	Grade	Weight
SFM	A	-1.95%
MLI	B	-1.17%
KBH	D	-1.12%
IDCC	B	-0.95%
ACT	D	-0.86%
IBOC	B	-0.86%
TMHC	B	-0.8%
ESNT	D	-0.78%
RDN	D	-0.75%
JXN	C	-0.73%
CVLT	B	-0.69%
FHI	B	-0.67%
ERIE	F	-0.64%
CMC	B	-0.61%
TGNA	B	-0.54%
SBRA	B	-0.53%
SANM	B	-0.52%
CRS	A	-0.52%
ACIW	B	-0.51%
HALO	F	-0.51%
ENS	D	-0.5%
MTH	D	-0.49%
KMT	C	-0.49%
BCC	C	-0.46%
BTU	C	-0.45%
GHC	B	-0.45%
NTCT	C	-0.44%
HNI	B	-0.44%
AMR	C	-0.43%
GEF	B	-0.4%
TEX	D	-0.38%
CDP	C	-0.38%
ANF	C	-0.37%
UFPI	C	-0.35%
CSWI	A	-0.33%
HWC	B	-0.33%
ASO	F	-0.32%
SSB	B	-0.31%
BDC	B	-0.3%
FSS	B	-0.29%
PBF	D	-0.28%
LNTH	F	-0.27%
ATKR	D	-0.27%
ZD	B	-0.26%
CTRE	C	-0.26%
GPI	B	-0.25%
IBP	F	-0.25%
CATY	B	-0.25%
ENSG	D	-0.24%
AIT	B	-0.22%
CRVL	A	-0.21%
NAVI	F	-0.2%
HOMB	A	-0.19%
ADNT	F	-0.18%
HPP	F	-0.17%
APLE	B	-0.17%
SM	C	-0.17%
NUS	C	-0.17%
ABG	B	-0.17%
VSH	F	-0.15%
OPCH	F	-0.12%
AEO	F	-0.12%
BOX	B	-0.11%
NSIT	F	-0.11%
TPH	D	-0.11%
EXLS	B	-0.1%
BPMC	C	-0.1%
ITRI	B	-0.09%
AMN	F	-0.09%
ZETA	D	-0.08%
ASGN	F	-0.08%
HAE	C	-0.08%
OSCR	C	-0.06%
PBH	A	-0.06%
PDCO	F	-0.06%
MMSI	A	-0.06%
SPSC	F	-0.05%
ACLS	F	-0.05%
BMI	C	-0.04%
LEVI	F	-0.03%
IART	C	-0.02%
VRNS	D	-0.0%
PI	D	-0.0%