IWR vs. AVMC ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Avantis U.S. Mid Cap Equity ETF (AVMC)

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 ^*

802

* may have additional holdings in another (foreign) market

AVMC

Avantis U.S. Mid Cap Equity ETF

AVMC Description

The fund invests primarily in a diverse group of U.S. mid cap companies across market sectors and industry groups. It seeks to invest in securities of companies that the Advisor expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics, as well as smaller market capitalizations relative to others within the fund"s mid cap investment universe.

Grade (RS Rating)

Last Trade

$67.25

Average Daily Volume

10,877

Number of Holdings ^*

518

* may have additional holdings in another (foreign) market

Performance

Period	IWR	AVMC
30 Days	1.88%	2.26%
60 Days	5.27%	5.89%
90 Days	7.98%	8.95%
12 Months	30.38%	31.27%

471 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in AVMC	Overlap
	A	F	0.32%	0.34%	0.32%
	AA	A	0.09%	0.07%	0.07%
	ACGL	D	0.3%	0.54%	0.3%
	ACM	B	0.12%	0.18%	0.12%
	ADM	D	0.2%	0.19%	0.19%
	AEE	A	0.19%	0.2%	0.19%
	AES	F	0.08%	0.08%	0.08%
	AFG	A	0.08%	0.17%	0.08%
	AFRM	A	0.09%	0.17%	0.09%
	AGCO	F	0.05%	0.1%	0.05%
	AGR	A	0.02%	0.01%	0.01%
	AIZ	A	0.09%	0.18%	0.09%
	AKAM	F	0.11%	0.21%	0.11%
	ALB	B	0.1%	0.18%	0.1%
	ALGN	D	0.13%	0.23%	0.13%
	ALLE	D	0.1%	0.18%	0.1%
	ALLY	C	0.08%	0.18%	0.08%
	ALSN	B	0.08%	0.17%	0.08%
	AM	A	0.04%	0.09%	0.04%
	AMCR	D	0.12%	0.19%	0.12%
	AMG	C	0.05%	0.08%	0.05%
	AMKR	F	0.03%	0.05%	0.03%
	AN	D	0.03%	0.08%	0.03%
	AOS	F	0.07%	0.15%	0.07%
	APA	F	0.06%	0.13%	0.06%
	APG	C	0.07%	0.1%	0.07%
	APP	A	0.62%	0.81%	0.62%
	APTV	F	0.12%	0.22%	0.12%
	AR	B	0.07%	0.17%	0.07%
	ARMK	C	0.08%	0.13%	0.08%
	ARW	F	0.05%	0.1%	0.05%
	ATI	C	0.06%	0.12%	0.06%
	ATO	A	0.18%	0.29%	0.18%
	ATR	B	0.09%	0.18%	0.09%
	AVY	D	0.13%	0.24%	0.13%
	AWK	C	0.22%	0.22%	0.22%
	AXON	A	0.35%	0.12%	0.12%
	AXS	A	0.05%	0.13%	0.05%
	AXTA	B	0.07%	0.13%	0.07%
	AYI	B	0.08%	0.17%	0.08%
	BAH	D	0.19%	0.33%	0.19%
	BALL	D	0.15%	0.25%	0.15%
	BAX	F	0.14%	0.13%	0.13%
	BBY	D	0.16%	0.3%	0.16%
	BC	D	0.05%	0.08%	0.05%
	BEN	C	0.05%	0.09%	0.05%
	BERY	D	0.06%	0.1%	0.06%
	BFAM	F	0.05%	0.06%	0.05%
	BIIB	F	0.2%	0.29%	0.2%
	BILL	B	0.06%	0.13%	0.06%
	BIO	C	0.06%	0.08%	0.06%
	BJ	B	0.1%	0.18%	0.1%
	BLD	F	0.09%	0.16%	0.09%
	BLDR	D	0.17%	0.35%	0.17%
	BMRN	F	0.1%	0.16%	0.1%
	BOKF	B	0.02%	0.04%	0.02%
	BPOP	C	0.05%	0.1%	0.05%
	BR	B	0.21%	0.38%	0.21%
	BRKR	F	0.05%	0.05%	0.05%
	BRO	B	0.22%	0.25%	0.22%
	BSY	D	0.05%	0.16%	0.05%
	BURL	A	0.14%	0.17%	0.14%
	BWA	D	0.06%	0.13%	0.06%
	BWXT	A	0.09%	0.19%	0.09%
	BYD	B	0.04%	0.07%	0.04%
	CACC	F	0.02%	0.03%	0.02%
	CASY	A	0.12%	0.27%	0.12%
	CBOE	C	0.17%	0.29%	0.17%
	CBRE	B	0.34%	0.45%	0.34%
	CBSH	A	0.07%	0.12%	0.07%
	CCK	D	0.09%	0.15%	0.09%
	CCL	A	0.19%	0.52%	0.19%
	CDW	F	0.22%	0.4%	0.22%
	CELH	F	0.04%	0.03%	0.03%
	CF	A	0.12%	0.3%	0.12%
	CFG	B	0.17%	0.32%	0.17%
	CFR	B	0.07%	0.13%	0.07%
	CG	B	0.09%	0.19%	0.09%
	CGNX	D	0.06%	0.08%	0.06%
	CHD	A	0.21%	0.37%	0.21%
	CHDN	C	0.08%	0.09%	0.08%
	CHE	F	0.07%	0.12%	0.07%
	CHH	A	0.03%	0.07%	0.03%
	CHRD	F	0.07%	0.11%	0.07%
	CHRW	B	0.1%	0.14%	0.1%
	CIEN	B	0.08%	0.15%	0.08%
	CINF	A	0.18%	0.34%	0.18%
	CIVI	D	0.04%	0.09%	0.04%
	CLF	F	0.05%	0.1%	0.05%
	CLH	C	0.11%	0.22%	0.11%
	CLVT	D	0.02%	0.02%	0.02%
	CLX	A	0.17%	0.25%	0.17%
	CMA	B	0.07%	0.18%	0.07%
	CMI	A	0.39%	0.57%	0.39%
	CMS	C	0.16%	0.18%	0.16%
	CNA	C	0.01%	0.02%	0.01%
	CNC	F	0.26%	0.15%	0.15%
	CNM	C	0.07%	0.07%	0.07%
	CNP	A	0.16%	0.08%	0.08%
	CNXC	F	0.02%	0.0%	0.0%
	COHR	B	0.12%	0.16%	0.12%
	COIN	A	0.43%	0.53%	0.43%
	COKE	C	0.06%	0.08%	0.06%
	COLB	B	0.05%	0.03%	0.03%
	COLM	B	0.02%	0.04%	0.02%
	CPAY	A	0.2%	0.34%	0.2%
	CPB	D	0.07%	0.08%	0.07%
	CR	A	0.07%	0.1%	0.07%
	CROX	F	0.05%	0.07%	0.05%
	CSGP	F	0.25%	0.38%	0.25%
	CSL	C	0.17%	0.4%	0.17%
	CTLT	D	0.09%	0.13%	0.09%
	CTRA	B	0.15%	0.34%	0.15%
	CTSH	C	0.32%	0.16%	0.16%
	CTVA	C	0.33%	0.14%	0.14%
	CWEN	C	0.02%	0.01%	0.01%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.01%	0.01%	0.01%
	CWEN	C	0.02%	0.02%	0.02%
	CZR	F	0.07%	0.1%	0.07%
	DAL	A	0.32%	0.62%	0.32%
	DAR	B	0.05%	0.08%	0.05%
	DCI	B	0.08%	0.15%	0.08%
	DD	D	0.29%	0.46%	0.29%
	DDS	B	0.01%	0.03%	0.01%
	DECK	A	0.22%	0.47%	0.22%
	DFS	B	0.35%	0.64%	0.35%
	DG	F	0.14%	0.13%	0.13%
	DINO	D	0.05%	0.13%	0.05%
	DKS	D	0.09%	0.12%	0.09%
	DLB	F	0.04%	0.07%	0.04%
	DLTR	F	0.1%	0.11%	0.1%
	DOV	B	0.22%	0.39%	0.22%
	DOW	F	0.26%	0.34%	0.26%
	DRI	C	0.16%	0.31%	0.16%
	DTE	C	0.2%	0.2%	0.2%
	DTM	A	0.08%	0.16%	0.08%
	DVA	C	0.06%	0.12%	0.06%
	DVN	F	0.2%	0.45%	0.2%
	DXCM	C	0.23%	0.11%	0.11%
	EA	A	0.34%	0.48%	0.34%
	EBAY	D	0.25%	0.3%	0.25%
	ED	C	0.28%	0.31%	0.28%
	EFX	F	0.27%	0.37%	0.27%
	EG	D	0.13%	0.24%	0.13%
	EHC	B	0.08%	0.14%	0.08%
	EIX	C	0.26%	0.13%	0.13%
	ELAN	D	0.06%	0.1%	0.06%
	EME	A	0.19%	0.44%	0.19%
	EMN	D	0.1%	0.21%	0.1%
	ENPH	F	0.07%	0.05%	0.05%
	ENTG	F	0.13%	0.05%	0.05%
	EPAM	C	0.1%	0.16%	0.1%
	EQH	B	0.12%	0.29%	0.12%
	EQT	A	0.2%	0.35%	0.2%
	ES	C	0.17%	0.11%	0.11%
	ESAB	C	0.06%	0.09%	0.06%
	ETR	A	0.26%	0.36%	0.26%
	EVR	B	0.09%	0.2%	0.09%
	EVRG	A	0.11%	0.13%	0.11%
	EWBC	A	0.11%	0.25%	0.11%
	EXC	C	0.31%	0.1%	0.1%
	EXEL	B	0.08%	0.16%	0.08%
	EXP	B	0.08%	0.18%	0.08%
	EXPD	D	0.14%	0.31%	0.14%
	EXPE	B	0.19%	0.34%	0.19%
	FAF	C	0.05%	0.1%	0.05%
	FANG	D	0.28%	0.1%	0.1%
	FBIN	F	0.08%	0.15%	0.08%
	FCNCA	A	0.21%	0.47%	0.21%
	FDS	B	0.15%	0.29%	0.15%
	FE	C	0.19%	0.12%	0.12%
	FFIV	B	0.11%	0.21%	0.11%
	FHN	A	0.09%	0.1%	0.09%
	FIS	C	0.4%	0.5%	0.4%
	FITB	B	0.26%	0.53%	0.26%
	FIX	A	0.13%	0.26%	0.13%
	FLO	D	0.03%	0.03%	0.03%
	FLS	A	0.06%	0.11%	0.06%
	FMC	D	0.06%	0.06%	0.06%
	FND	F	0.09%	0.15%	0.09%
	FNF	A	0.12%	0.24%	0.12%
	FOX	A	0.04%	0.1%	0.04%
	FOXA	B	0.08%	0.22%	0.08%
	FRPT	A	0.06%	0.05%	0.05%
	FSLR	F	0.17%	0.26%	0.17%
	FTI	A	0.1%	0.26%	0.1%
	FYBR	C	0.07%	0.07%	0.07%
	G	B	0.07%	0.09%	0.07%
	GAP	D	0.04%	0.09%	0.04%
	GDDY	A	0.2%	0.25%	0.2%
	GEHC	D	0.31%	0.38%	0.31%
	GFS	C	0.04%	0.06%	0.04%
	GGG	B	0.12%	0.24%	0.12%
	GIS	F	0.3%	0.24%	0.24%
	GL	C	0.08%	0.16%	0.08%
	GLW	B	0.3%	0.55%	0.3%
	GME	C	0.08%	0.16%	0.08%
	GMED	A	0.07%	0.13%	0.07%
	GNRC	B	0.09%	0.14%	0.09%
	GNTX	F	0.06%	0.11%	0.06%
	GPC	F	0.14%	0.19%	0.14%
	GPK	D	0.07%	0.12%	0.07%
	GRMN	B	0.27%	0.48%	0.27%
	GWRE	A	0.13%	0.19%	0.13%
	H	B	0.06%	0.06%	0.06%
	HAS	D	0.07%	0.11%	0.07%
	HBAN	B	0.2%	0.41%	0.2%
	HIG	B	0.28%	0.63%	0.28%
	HII	F	0.07%	0.1%	0.07%
	HOLX	D	0.15%	0.19%	0.15%
	HPE	B	0.23%	0.44%	0.23%
	HRB	D	0.07%	0.15%	0.07%
	HRL	D	0.07%	0.12%	0.07%
	HSY	F	0.21%	0.17%	0.17%
	HUBB	B	0.2%	0.35%	0.2%
	HWM	A	0.37%	0.51%	0.37%
	HXL	F	0.04%	0.06%	0.04%
	IDA	A	0.05%	0.04%	0.04%
	IDXX	F	0.29%	0.09%	0.09%
	IEX	B	0.14%	0.22%	0.14%
	IFF	D	0.19%	0.18%	0.18%
	ILMN	C	0.19%	0.14%	0.14%
	INCY	C	0.11%	0.17%	0.11%
	INGR	B	0.08%	0.15%	0.08%
	IP	A	0.16%	0.32%	0.16%
	IPG	F	0.09%	0.11%	0.09%
	IQV	F	0.32%	0.08%	0.08%
	IR	B	0.34%	0.46%	0.34%
	IT	C	0.33%	0.55%	0.33%
	ITT	A	0.1%	0.2%	0.1%
	IVZ	C	0.05%	0.09%	0.05%
	J	D	0.15%	0.18%	0.15%
	JAZZ	C	0.06%	0.13%	0.06%
	JBHT	C	0.13%	0.26%	0.13%
	JBL	C	0.12%	0.35%	0.12%
	JEF	A	0.1%	0.17%	0.1%
	JKHY	D	0.11%	0.19%	0.11%
	JLL	D	0.1%	0.16%	0.1%
	JNPR	D	0.1%	0.09%	0.09%
	K	B	0.17%	0.32%	0.17%
	KBR	F	0.08%	0.11%	0.08%
	KEX	B	0.06%	0.13%	0.06%
	KEY	B	0.14%	0.29%	0.14%
	KEYS	C	0.23%	0.39%	0.23%
	KMX	C	0.1%	0.21%	0.1%
	KNSL	B	0.08%	0.21%	0.08%
	KNX	B	0.08%	0.1%	0.08%
	KR	B	0.32%	0.12%	0.12%
	KVUE	A	0.37%	0.2%	0.2%
	L	A	0.12%	0.24%	0.12%
	LAD	B	0.08%	0.19%	0.08%
	LBRDA	C	0.01%	0.03%	0.01%
	LBRDK	C	0.09%	0.15%	0.09%
	LCID	F	0.02%	0.02%	0.02%
	LDOS	C	0.22%	0.28%	0.22%
	LEA	F	0.04%	0.08%	0.04%
	LECO	C	0.1%	0.18%	0.1%
	LFUS	D	0.05%	0.09%	0.05%
	LH	B	0.17%	0.25%	0.17%
	LII	A	0.16%	0.36%	0.16%
	LKQ	F	0.08%	0.01%	0.01%
	LNT	A	0.12%	0.13%	0.12%
	LNW	F	0.08%	0.12%	0.08%
	LPLA	A	0.19%	0.42%	0.19%
	LSCC	D	0.06%	0.09%	0.06%
	LSTR	D	0.06%	0.11%	0.06%
	LUV	B	0.15%	0.28%	0.15%
	LW	C	0.09%	0.12%	0.09%
	LYB	F	0.18%	0.37%	0.18%
	LYV	A	0.16%	0.13%	0.13%
	MANH	D	0.14%	0.29%	0.14%
	MAS	D	0.14%	0.11%	0.11%
	MAT	D	0.05%	0.11%	0.05%
	MEDP	D	0.07%	0.12%	0.07%
	MGM	D	0.07%	0.04%	0.04%
	MHK	D	0.06%	0.09%	0.06%
	MKC	D	0.16%	0.15%	0.15%
	MKL	A	0.17%	0.37%	0.17%
	MKTX	D	0.08%	0.08%	0.08%
	MLM	B	0.31%	0.52%	0.31%
	MOH	F	0.15%	0.29%	0.15%
	MORN	B	0.08%	0.13%	0.08%
	MOS	D	0.07%	0.1%	0.07%
	MPWR	F	0.29%	0.24%	0.24%
	MRO	A	0.13%	0.34%	0.13%
	MSA	D	0.05%	0.1%	0.05%
	MSM	D	0.03%	0.02%	0.02%
	MSTR	A	0.34%	0.44%	0.34%
	MTB	A	0.28%	0.55%	0.28%
	MTDR	C	0.05%	0.14%	0.05%
	MTG	D	0.05%	0.12%	0.05%
	MTN	C	0.05%	0.08%	0.05%
	MUSA	B	0.08%	0.19%	0.08%
	NBIX	C	0.1%	0.18%	0.1%
	NCLH	B	0.09%	0.18%	0.09%
	NDAQ	A	0.26%	0.38%	0.26%
	NEU	D	0.03%	0.07%	0.03%
	NFE	F	0.0%	0.0%	0.0%
	NFG	A	0.04%	0.08%	0.04%
	NI	A	0.13%	0.12%	0.12%
	NOV	D	0.05%	0.11%	0.05%
	NRG	B	0.16%	0.23%	0.16%
	NTAP	C	0.21%	0.4%	0.21%
	NTRS	A	0.17%	0.35%	0.17%
	NVR	D	0.22%	0.13%	0.13%
	NWS	A	0.03%	0.06%	0.03%
	NWSA	B	0.09%	0.17%	0.09%
	NXST	C	0.04%	0.06%	0.04%
	NYT	D	0.07%	0.13%	0.07%
	OC	A	0.13%	0.33%	0.13%
	OGE	A	0.07%	0.11%	0.07%
	OLED	F	0.07%	0.11%	0.07%
	OLLI	D	0.05%	0.09%	0.05%
	OLN	F	0.04%	0.07%	0.04%
	OMC	C	0.16%	0.19%	0.16%
	OMF	A	0.05%	0.11%	0.05%
	ON	F	0.24%	0.46%	0.24%
	ONTO	F	0.07%	0.13%	0.07%
	ORI	A	0.07%	0.15%	0.07%
	OSK	C	0.06%	0.12%	0.06%
	OVV	C	0.09%	0.28%	0.09%
	OZK	B	0.04%	0.03%	0.03%
	PAG	B	0.02%	0.05%	0.02%
	PARA	D	0.05%	0.04%	0.04%
	PATH	C	0.05%	0.07%	0.05%
	PAYC	B	0.09%	0.17%	0.09%
	PB	A	0.06%	0.1%	0.06%
	PCTY	B	0.08%	0.12%	0.08%
	PEG	C	0.35%	0.44%	0.35%
	PFG	C	0.16%	0.31%	0.16%
	PFGC	B	0.11%	0.19%	0.11%
	PHM	D	0.22%	0.5%	0.22%
	PII	F	0.03%	0.01%	0.01%
	PINS	F	0.14%	0.24%	0.14%
	PKG	B	0.17%	0.38%	0.17%
	PNFP	B	0.07%	0.17%	0.07%
	PNR	B	0.14%	0.23%	0.14%
	PNW	B	0.08%	0.12%	0.08%
	POOL	D	0.11%	0.21%	0.11%
	POST	C	0.04%	0.07%	0.04%
	PPC	B	0.02%	0.03%	0.02%
	PPG	F	0.24%	0.4%	0.24%
	PPL	A	0.2%	0.23%	0.2%
	PR	B	0.08%	0.16%	0.08%
	PRI	A	0.08%	0.2%	0.08%
	PSTG	F	0.13%	0.25%	0.13%
	PTC	B	0.19%	0.07%	0.07%
	PVH	C	0.05%	0.08%	0.05%
	PWR	A	0.39%	0.15%	0.15%
	QRVO	F	0.05%	0.09%	0.05%
	R	B	0.06%	0.16%	0.06%
	RBC	A	0.07%	0.12%	0.07%
	RCL	A	0.43%	0.94%	0.43%
	REYN	D	0.01%	0.0%	0.0%
	RF	A	0.19%	0.4%	0.19%
	RGA	B	0.12%	0.24%	0.12%
	RGEN	F	0.06%	0.0%	0.0%
	RGLD	C	0.08%	0.09%	0.08%
	RHI	C	0.06%	0.14%	0.06%
	RIVN	F	0.07%	0.13%	0.07%
	RJF	A	0.24%	0.52%	0.24%
	RL	C	0.07%	0.13%	0.07%
	RLI	A	0.06%	0.12%	0.06%
	RMD	C	0.3%	0.41%	0.3%
	RNR	C	0.11%	0.19%	0.11%
	ROK	B	0.25%	0.42%	0.25%
	ROKU	D	0.08%	0.14%	0.08%
	ROL	B	0.11%	0.18%	0.11%
	RPM	B	0.14%	0.28%	0.14%
	RPRX	F	0.08%	0.09%	0.08%
	RRC	B	0.06%	0.16%	0.06%
	RS	B	0.15%	0.3%	0.15%
	RYAN	B	0.06%	0.09%	0.06%
	S	B	0.06%	0.09%	0.06%
	SAIA	C	0.12%	0.27%	0.12%
	SAIC	F	0.06%	0.01%	0.01%
	SCI	A	0.1%	0.14%	0.1%
	SEE	D	0.04%	0.04%	0.04%
	SEIC	B	0.06%	0.16%	0.06%
	SF	B	0.09%	0.18%	0.09%
	SITE	D	0.05%	0.1%	0.05%
	SKX	F	0.07%	0.12%	0.07%
	SMCI	F	0.1%	0.02%	0.02%
	SNA	B	0.15%	0.29%	0.15%
	SNX	D	0.08%	0.1%	0.08%
	SOFI	A	0.11%	0.19%	0.11%
	SON	F	0.04%	0.07%	0.04%
	SQ	A	0.34%	0.28%	0.28%
	SSD	D	0.07%	0.13%	0.07%
	SSNC	C	0.13%	0.19%	0.13%
	ST	F	0.04%	0.06%	0.04%
	STE	D	0.17%	0.31%	0.17%
	STLD	B	0.18%	0.4%	0.18%
	STT	B	0.23%	0.43%	0.23%
	SW	A	0.22%	0.07%	0.07%
	SWKS	F	0.12%	0.21%	0.12%
	SYF	B	0.2%	0.46%	0.2%
	SYY	D	0.31%	0.41%	0.31%
	TAP	B	0.08%	0.18%	0.08%
	TECH	F	0.1%	0.13%	0.1%
	TER	F	0.14%	0.25%	0.14%
	TFX	F	0.08%	0.08%	0.08%
	THC	C	0.13%	0.21%	0.13%
	THO	C	0.05%	0.09%	0.05%
	TKR	F	0.04%	0.08%	0.04%
	TOL	B	0.13%	0.29%	0.13%
	TPL	A	0.21%	0.59%	0.21%
	TPR	B	0.1%	0.13%	0.1%
	TPX	B	0.07%	0.14%	0.07%
	TREX	D	0.06%	0.12%	0.06%
	TRGP	A	0.34%	0.73%	0.34%
	TRMB	B	0.14%	0.03%	0.03%
	TROW	B	0.21%	0.41%	0.21%
	TSCO	D	0.25%	0.38%	0.25%
	TSN	B	0.14%	0.22%	0.14%
	TTC	F	0.07%	0.08%	0.07%
	TTWO	A	0.25%	0.16%	0.16%
	TW	A	0.12%	0.2%	0.12%
	TWLO	A	0.13%	0.24%	0.13%
	TXRH	B	0.11%	0.18%	0.11%
	TXT	D	0.13%	0.26%	0.13%
	UAL	A	0.23%	0.51%	0.23%
	UHAL	D	0.05%	0.01%	0.01%
	UHAL	D	0.0%	0.11%	0.0%
	UHAL	D	0.05%	0.11%	0.05%
	UHAL	D	0.0%	0.01%	0.0%
	UHS	D	0.1%	0.15%	0.1%
	ULTA	F	0.15%	0.2%	0.15%
	UNM	A	0.09%	0.2%	0.09%
	URI	B	0.47%	0.75%	0.47%
	USFD	A	0.12%	0.2%	0.12%
	UTHR	C	0.15%	0.29%	0.15%
	VEEV	C	0.28%	0.39%	0.28%
	VFC	C	0.06%	0.07%	0.06%
	VMC	B	0.31%	0.5%	0.31%
	VNT	C	0.05%	0.09%	0.05%
	VOYA	B	0.07%	0.13%	0.07%
	VRT	A	0.36%	0.72%	0.36%
	VST	A	0.4%	0.92%	0.4%
	VTRS	A	0.12%	0.25%	0.12%
	WAB	B	0.28%	0.37%	0.28%
	WAL	B	0.08%	0.2%	0.08%
	WAT	C	0.18%	0.31%	0.18%
	WBD	B	0.18%	0.22%	0.18%
	WBS	A	0.08%	0.17%	0.08%
	WCC	B	0.07%	0.15%	0.07%
	WEC	A	0.25%	0.19%	0.19%
	WEX	F	0.06%	0.11%	0.06%
	WFRD	F	0.05%	0.13%	0.05%
	WH	B	0.06%	0.11%	0.06%
	WHR	B	0.05%	0.06%	0.05%
	WLK	F	0.04%	0.08%	0.04%
	WMS	F	0.08%	0.17%	0.08%
	WRB	B	0.14%	0.27%	0.14%
	WSC	F	0.06%	0.1%	0.06%
	WSM	D	0.13%	0.35%	0.13%
	WSO	A	0.15%	0.23%	0.15%
	WST	D	0.19%	0.35%	0.19%
	WTFC	B	0.07%	0.14%	0.07%
	WWD	B	0.09%	0.14%	0.09%
	X	C	0.07%	0.14%	0.07%
	XEL	A	0.3%	0.31%	0.3%
	XPO	B	0.14%	0.3%	0.14%
	XRAY	D	0.03%	0.03%	0.03%
	XYL	D	0.24%	0.3%	0.24%
	Z	A	0.09%	0.14%	0.09%
	ZBH	C	0.18%	0.2%	0.18%
	ZG	A	0.03%	0.03%	0.03%
	ZION	B	0.07%	0.18%	0.07%
	ZM	B	0.17%	0.26%	0.17%

IWR Overweight 335 Positions Relative to AVMC

	Symbol	Grade	Weight
	PLTR	A	0.95%
	WMB	A	0.56%
	AJG	B	0.52%
	OKE	A	0.51%
	AFL	C	0.49%
	HLT	A	0.49%
	DLR	A	0.48%
	SPG	A	0.47%
	BK	B	0.46%
	TTD	B	0.45%
	AMP	A	0.45%
	FICO	B	0.45%
	ALL	A	0.42%
	KMI	A	0.42%
	GWW	B	0.42%
	O	C	0.41%
	DHI	D	0.41%
	LHX	B	0.4%
	FAST	B	0.39%
	PAYX	B	0.39%
	LNG	A	0.38%
	ROST	D	0.38%
	MSCI	B	0.37%
	CCI	C	0.37%
	PCG	A	0.36%
	AME	A	0.36%
	ODFL	B	0.36%
	BKR	B	0.35%
	PRU	B	0.35%
	FERG	C	0.34%
	OTIS	C	0.33%
	VRSK	B	0.33%
	LEN	D	0.33%
	COR	B	0.33%
	HES	B	0.32%
	NUE	D	0.31%
	MCHP	F	0.31%
	YUM	D	0.31%
	CHTR	B	0.3%
	DDOG	A	0.3%
	HPQ	B	0.29%
	HUM	D	0.28%
	IRM	C	0.28%
	ALNY	D	0.28%
	EXR	C	0.28%
	VICI	C	0.27%
	AVB	B	0.27%
	HUBS	B	0.26%
	WTW	B	0.26%
	ARES	A	0.25%
	CAH	B	0.24%
	ANSS	B	0.24%
	EQR	C	0.23%
	CPNG	D	0.23%
	GPN	C	0.23%
	RBLX	B	0.22%
	NET	B	0.22%
	MTD	F	0.22%
	HAL	C	0.21%
	VLTO	C	0.21%
	VTR	B	0.21%
	CVNA	A	0.21%
	TYL	B	0.21%
	FTV	D	0.21%
	WY	D	0.19%
	SBAC	D	0.19%
	TDY	B	0.18%
	WDC	F	0.18%
	ZBRA	B	0.17%
	MDB	C	0.17%
	INVH	D	0.17%
	TRU	D	0.17%
	EXE	A	0.17%
	ESS	A	0.16%
	ARE	F	0.16%
	COO	D	0.16%
	HOOD	A	0.16%
	ZS	B	0.15%
	IBKR	A	0.15%
	DKNG	B	0.15%
	MAA	A	0.15%
	PODD	B	0.15%
	TOST	A	0.14%
	FWONK	B	0.14%
	NTNX	B	0.14%
	DGX	A	0.14%
	LVS	B	0.14%
	SUI	C	0.13%
	VRSN	F	0.13%
	DT	C	0.13%
	DOC	D	0.13%
	DPZ	C	0.13%
	GEN	B	0.13%
	DOCU	B	0.13%
	KIM	A	0.13%
	HEI	A	0.13%
	UDR	C	0.12%
	CW	B	0.12%
	NDSN	D	0.12%
	RVTY	D	0.12%
	NTRA	A	0.12%
	AVTR	F	0.12%
	BXP	D	0.11%
	GLPI	C	0.11%
	ELS	B	0.11%
	CAG	F	0.11%
	REG	A	0.11%
	SWK	F	0.11%
	SJM	D	0.1%
	DUOL	A	0.1%
	BG	D	0.1%
	DAY	B	0.1%
	OKTA	D	0.1%
	WPC	C	0.1%
	TTEK	F	0.1%
	AMH	C	0.1%
	CPT	C	0.1%
	CACI	C	0.1%
	HST	D	0.1%
	NVT	C	0.1%
	DOX	D	0.09%
	CUBE	C	0.09%
	SRPT	F	0.09%
	CRL	D	0.09%
	CAVA	C	0.09%
	LAMR	D	0.09%
	HEI	A	0.09%
	OWL	A	0.09%
	RRX	B	0.09%
	CE	F	0.08%
	REXR	F	0.08%
	EXAS	D	0.08%
	CNH	C	0.08%
	ITCI	B	0.08%
	FRT	B	0.08%
	AAON	B	0.08%
	TKO	A	0.08%
	GLOB	C	0.08%
	HLI	B	0.08%
	NLY	C	0.08%
	WTRG	B	0.08%
	WING	D	0.08%
	SOLV	F	0.08%
	OHI	B	0.08%
	VNO	C	0.07%
	ACI	C	0.07%
	SNV	B	0.07%
	CART	C	0.07%
	PLNT	A	0.07%
	EGP	D	0.07%
	WYNN	D	0.07%
	BRX	A	0.07%
	HSIC	C	0.07%
	PEN	B	0.07%
	MTZ	A	0.07%
	AAL	B	0.07%
	BRBR	A	0.07%
	AZEK	B	0.06%
	VMI	B	0.06%
	MASI	B	0.06%
	SN	D	0.06%
	GXO	B	0.06%
	FR	C	0.06%
	ESTC	C	0.06%
	AGNC	C	0.06%
	DOCS	C	0.06%
	GTLB	B	0.06%
	FCN	F	0.06%
	LPX	B	0.06%
	VKTX	F	0.06%
	PCOR	C	0.06%
	MIDD	D	0.06%
	SMAR	A	0.06%
	ADC	A	0.06%
	MTSI	B	0.06%
	MKSI	C	0.06%
	NNN	C	0.06%
	MTCH	F	0.06%
	VVV	D	0.05%
	CRUS	F	0.05%
	LITE	B	0.05%
	JHG	B	0.05%
	THG	A	0.05%
	INSP	F	0.05%
	FNB	B	0.05%
	U	F	0.05%
	STWD	C	0.05%
	IONS	F	0.05%
	ETSY	D	0.05%
	FOUR	A	0.05%
	KD	A	0.05%
	SIRI	D	0.05%
	LAZ	B	0.05%
	ESI	B	0.05%
	ALK	A	0.05%
	LYFT	C	0.05%
	ELF	C	0.05%
	WBA	F	0.05%
	COLD	F	0.05%
	DBX	C	0.05%
	CFLT	B	0.05%
	AZPN	A	0.05%
	AWI	B	0.05%
	STAG	D	0.05%
	BBWI	C	0.05%
	HR	C	0.05%
	EEFT	C	0.04%
	SLGN	A	0.04%
	RARE	F	0.04%
	AGO	A	0.04%
	RYN	D	0.04%
	WTM	A	0.04%
	FIVE	F	0.04%
	CUZ	B	0.04%
	HCP	B	0.04%
	KRC	C	0.04%
	AL	B	0.04%
	RH	D	0.04%
	UGI	C	0.04%
	SLM	B	0.04%
	LOPE	B	0.04%
	ROIV	D	0.04%
	AVT	C	0.04%
	PSN	C	0.04%
	BROS	A	0.04%
	CCCS	B	0.04%
	APPF	C	0.04%
	LNC	B	0.04%
	RITM	D	0.04%
	VNOM	A	0.04%
	TPG	A	0.04%
	AMED	F	0.03%
	PENN	C	0.03%
	BHF	C	0.03%
	RNG	C	0.03%
	APLS	F	0.03%
	ECG	C	0.03%
	YETI	D	0.03%
	LBTYA	F	0.03%
	LBTYK	A	0.03%
	VAC	C	0.03%
	HUN	F	0.03%
	WEN	C	0.03%
	EPR	D	0.03%
	IRDM	F	0.03%
	NCNO	B	0.03%
	FHB	B	0.03%
	NVST	C	0.03%
	HIW	D	0.03%
	PRGO	C	0.03%
	TNL	B	0.03%
	SPR	D	0.03%
	MDU	D	0.03%
	W	D	0.03%
	ACHC	F	0.03%
	DNB	B	0.03%
	ZI	D	0.03%
	NWL	B	0.03%
	PEGA	B	0.03%
	DXC	D	0.03%
	HOG	F	0.03%
	IAC	D	0.03%
	ASH	F	0.03%
	KMPR	A	0.03%
	LINE	F	0.03%
	AMTM	F	0.03%
	OGN	F	0.03%
	MSGS	B	0.03%
	GTES	A	0.03%
	M	D	0.03%
	VSTS	F	0.02%
	KSS	F	0.02%
	FTRE	D	0.02%
	ALAB	B	0.02%
	RKT	F	0.02%
	RCM	A	0.02%
	AAP	D	0.02%
	HAYW	B	0.02%
	ADT	B	0.02%
	JWN	C	0.02%
	IPGP	D	0.02%
	CPRI	F	0.02%
	QDEL	F	0.02%
	AZTA	F	0.02%
	PINC	B	0.02%
	SHC	F	0.02%
	SPB	C	0.02%
	ENOV	C	0.02%
	MP	C	0.02%
	WU	F	0.02%
	HHH	B	0.02%
	ALGM	F	0.02%
	FIVN	C	0.02%
	SAM	C	0.02%
	COTY	F	0.02%
	CXT	C	0.02%
	VIRT	A	0.02%
	DV	C	0.02%
	LLYVK	A	0.02%
	TDC	D	0.02%
	MPW	F	0.02%
	CC	D	0.02%
	NSA	C	0.02%
	MAN	F	0.02%
	PK	D	0.02%
	SMG	C	0.02%
	UWMC	D	0.01%
	SEB	F	0.01%
	TFSL	A	0.01%
	LOAR	B	0.01%
	AS	A	0.01%
	LLYVA	A	0.01%
	WOLF	F	0.01%
	PYCR	C	0.01%
	UI	A	0.01%
	CERT	F	0.01%
	SNDR	B	0.01%
	CAR	C	0.01%
	LEG	F	0.01%
	INFA	D	0.01%
	TXG	F	0.01%
	TRIP	F	0.01%
	UA	C	0.01%
	GO	C	0.01%
	FWONA	B	0.01%
	CRI	F	0.01%
	QS	D	0.01%
	UAA	C	0.01%
	BIRK	D	0.01%
	LEN	D	0.01%
	DJT	C	0.01%
	PARAA	C	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	PLTK	B	0.0%

IWR Underweight 51 Positions Relative to AVMC

	Symbol	Grade	Weight
	FLEX	B	-0.3%
	AIT	B	-0.18%
	ERIE	F	-0.18%
	MLI	B	-0.18%
	FN	B	-0.17%
	UFPI	C	-0.16%
	FLR	B	-0.15%
	TMHC	B	-0.14%
	HLNE	A	-0.14%
	SSB	B	-0.13%
	MRNA	F	-0.13%
	ENSG	D	-0.13%
	RVMD	B	-0.12%
	HALO	F	-0.12%
	MTH	D	-0.12%
	CMC	B	-0.12%
	ALV	C	-0.12%
	PCVX	D	-0.11%
	CHX	C	-0.11%
	SM	C	-0.11%
	MUR	F	-0.1%
	NSIT	F	-0.09%
	SIGI	B	-0.09%
	ESNT	D	-0.09%
	BECN	B	-0.09%
	ZWS	B	-0.09%
	ENLC	A	-0.08%
	MGY	A	-0.08%
	LULU	C	-0.07%
	WTS	B	-0.07%
	TNET	F	-0.05%
	HESM	A	-0.04%
	ADTN	A	-0.04%
	SPSC	F	-0.04%
	CHWY	B	-0.03%
	EL	F	-0.02%
	HAE	C	-0.02%
	LANC	D	-0.02%
	LEVI	F	-0.02%
	LUMN	C	-0.02%
	ATKR	D	-0.01%
	VAL	F	-0.01%
	QLYS	C	-0.01%
	ACT	D	-0.01%
	RMBS	C	-0.0%
	FRHC	A	-0.0%
	RIG	D	-0.0%
	PTEN	C	-0.0%
	IGT	F	-0.0%
	FRSH	C	-0.0%
	FIZZ	C	-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

AVMC: Top Represented Industries & Keywords

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

Keywords: S&P 500 Natural Gas Insurance Banking Nasdaq 100 Chemical Bank Electronics Electricity Computing Mining Aerospace Insurance Products Building Materials Construction Beverage Semiconductor Telecommunications Biotechnology Commercial Banking