IWR vs. EQAL ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to PowerShares Russell 1000 Equal Weight Portfolio (EQAL)

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

$88.05

Average Daily Volume

1,173,234

Number of Holdings ^*

801

* may have additional holdings in another (foreign) market

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$48.39

Average Daily Volume

23,578

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

Performance

Period	IWR	EQAL
30 Days	2.15%	2.39%
60 Days	4.09%	4.37%
90 Days	6.90%	7.62%
12 Months	23.16%	17.86%

764 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in EQAL	Overlap
A	C	0.35%	0.08%	0.08%
AA	D	0.07%	0.19%	0.07%
AAL	D	0.06%	0.05%	0.05%
AAON	B	0.06%	0.05%	0.05%
AAP	F	0.02%	0.03%	0.02%
ACGL	B	0.35%	0.07%	0.07%
ACHC	C	0.06%	0.09%	0.06%
ACI	F	0.07%	0.15%	0.07%
ACM	B	0.12%	0.05%	0.05%
ADC	C	0.07%	0.18%	0.07%
ADM	D	0.26%	0.16%	0.16%
AEE	B	0.2%	0.24%	0.2%
AES	C	0.11%	0.19%	0.11%
AFG	B	0.09%	0.06%	0.06%
AFL	B	0.54%	0.08%	0.08%
AFRM	C	0.09%	0.06%	0.06%
AGCO	D	0.05%	0.04%	0.04%
AGNC	A	0.06%	0.07%	0.06%
AGO	C	0.04%	0.06%	0.04%
AGR	B	0.02%	0.2%	0.02%
AIZ	B	0.09%	0.07%	0.07%
AJG	C	0.56%	0.07%	0.07%
AKAM	D	0.13%	0.07%	0.07%
AL	D	0.04%	0.04%	0.04%
ALB	F	0.09%	0.22%	0.09%
ALGM	F	0.01%	0.05%	0.01%
ALGN	D	0.16%	0.08%	0.08%
ALK	C	0.05%	0.05%	0.05%
ALL	A	0.43%	0.07%	0.07%
ALLE	B	0.11%	0.05%	0.05%
ALLY	F	0.08%	0.05%	0.05%
ALNY	B	0.29%	0.13%	0.13%
ALSN	B	0.07%	0.05%	0.05%
AM	B	0.04%	0.2%	0.04%
AMCR	C	0.14%	0.05%	0.05%
AME	C	0.34%	0.05%	0.05%
AMED	C	0.03%	0.09%	0.03%
AMG	C	0.05%	0.07%	0.05%
AMH	C	0.12%	0.16%	0.12%
AMKR	F	0.03%	0.05%	0.03%
AMP	B	0.39%	0.06%	0.06%
AN	D	0.04%	0.05%	0.04%
ANSS	F	0.24%	0.06%	0.06%
AOS	C	0.08%	0.04%	0.04%
APA	F	0.08%	0.17%	0.08%
APG	D	0.07%	0.04%	0.04%
APLS	F	0.03%	0.07%	0.03%
APP	B	0.26%	0.08%	0.08%
APPF	D	0.04%	0.06%	0.04%
APTV	D	0.16%	0.05%	0.05%
AR	D	0.07%	0.16%	0.07%
ARE	B	0.19%	0.15%	0.15%
ARES	B	0.23%	0.07%	0.07%
ARMK	B	0.09%	0.06%	0.06%
ARW	C	0.06%	0.06%	0.06%
ASH	D	0.04%	0.21%	0.04%
ATI	C	0.07%	0.05%	0.05%
ATO	B	0.18%	0.23%	0.18%
ATR	B	0.09%	0.05%	0.05%
AVB	B	0.29%	0.16%	0.16%
AVT	D	0.04%	0.06%	0.04%
AVTR	B	0.16%	0.1%	0.1%
AVY	D	0.15%	0.23%	0.15%
AWI	B	0.05%	0.05%	0.05%
AWK	A	0.25%	0.23%	0.23%
AXON	B	0.24%	0.06%	0.06%
AXS	B	0.05%	0.07%	0.05%
AXTA	C	0.07%	0.05%	0.05%
AYI	B	0.07%	0.05%	0.05%
AZEK	C	0.06%	0.04%	0.04%
AZTA	D	0.02%	0.07%	0.02%
BAH	B	0.18%	0.05%	0.05%
BALL	C	0.18%	0.05%	0.05%
BAX	C	0.18%	0.09%	0.09%
BBWI	F	0.05%	0.03%	0.03%
BBY	B	0.19%	0.05%	0.05%
BC	C	0.05%	0.05%	0.05%
BEN	F	0.05%	0.05%	0.05%
BERY	B	0.07%	0.05%	0.05%
BFAM	C	0.07%	0.07%	0.07%
BG	D	0.12%	0.15%	0.12%
BHF	D	0.02%	0.06%	0.02%
BIIB	F	0.25%	0.07%	0.07%
BILL	D	0.05%	0.05%	0.05%
BIO	C	0.06%	0.09%	0.06%
BIRK	D	0.02%	0.04%	0.02%
BJ	D	0.09%	0.05%	0.05%
BK	A	0.45%	0.07%	0.07%
BKR	D	0.29%	0.21%	0.21%
BLD	D	0.11%	0.04%	0.04%
BLDR	C	0.19%	0.06%	0.06%
BMRN	F	0.14%	0.08%	0.08%
BOKF	B	0.02%	0.07%	0.02%
BPOP	C	0.06%	0.07%	0.06%
BR	D	0.22%	0.07%	0.07%
BRBR	B	0.07%	0.17%	0.07%
BRKR	D	0.06%	0.08%	0.06%
BRO	C	0.22%	0.07%	0.07%
BROS	D	0.03%	0.05%	0.03%
BRX	B	0.07%	0.18%	0.07%
BSY	D	0.06%	0.06%	0.06%
BURL	B	0.15%	0.06%	0.06%
BWA	D	0.07%	0.05%	0.05%
BWXT	D	0.08%	0.05%	0.05%
BXP	B	0.11%	0.18%	0.11%
BYD	C	0.04%	0.06%	0.04%
CACC	D	0.02%	0.04%	0.02%
CACC	D	0.02%	0.05%	0.02%
CACI	B	0.09%	0.07%	0.07%
CAG	B	0.13%	0.18%	0.13%
CAH	C	0.24%	0.09%	0.09%
CAR	F	0.01%	0.03%	0.01%
CASY	D	0.12%	0.17%	0.12%
CBOE	C	0.19%	0.08%	0.08%
CBRE	A	0.32%	0.19%	0.19%
CBSH	C	0.06%	0.07%	0.06%
CC	F	0.02%	0.17%	0.02%
CCI	B	0.45%	0.18%	0.18%
CCK	A	0.09%	0.05%	0.05%
CCL	C	0.15%	0.05%	0.05%
CDW	D	0.26%	0.06%	0.06%
CE	D	0.12%	0.2%	0.12%
CELH	F	0.05%	0.08%	0.05%
CERT	F	0.01%	0.06%	0.01%
CF	B	0.13%	0.25%	0.13%
CFG	D	0.16%	0.07%	0.07%
CFLT	F	0.04%	0.04%	0.04%
CFR	C	0.06%	0.07%	0.06%
CG	C	0.08%	0.06%	0.06%
CGNX	D	0.06%	0.04%	0.04%
CHD	C	0.22%	0.15%	0.15%
CHDN	C	0.09%	0.05%	0.05%
CHE	C	0.07%	0.09%	0.07%
CHH	C	0.03%	0.06%	0.03%
CHK	D	0.08%	0.17%	0.08%
CHRD	F	0.07%	0.16%	0.07%
CHRW	B	0.1%	0.05%	0.05%
CHTR	D	0.28%	0.61%	0.28%
CIEN	C	0.07%	0.59%	0.07%
CINF	B	0.18%	0.08%	0.08%
CIVI	F	0.05%	0.16%	0.05%
CLF	F	0.05%	0.18%	0.05%
CLH	B	0.11%	0.21%	0.11%
CLVT	D	0.02%	0.07%	0.02%
CLX	C	0.18%	0.19%	0.18%
CMA	B	0.06%	0.07%	0.06%
CMI	C	0.36%	0.05%	0.05%
CMS	A	0.18%	0.24%	0.18%
CNA	C	0.01%	0.07%	0.01%
CNC	C	0.35%	0.09%	0.09%
CNH	C	0.08%	0.05%	0.05%
CNM	F	0.06%	0.04%	0.04%
CNP	C	0.15%	0.18%	0.15%
CNXC	D	0.03%	0.07%	0.03%
COHR	B	0.09%	0.07%	0.07%
COIN	F	0.28%	0.04%	0.04%
COKE	C	0.07%	0.21%	0.07%
COLB	B	0.04%	0.08%	0.04%
COLD	D	0.07%	0.16%	0.07%
COLM	B	0.02%	0.05%	0.02%
COTY	F	0.03%	0.05%	0.03%
CPAY	B	0.19%	0.05%	0.05%
CPB	B	0.09%	0.18%	0.09%
CPNG	B	0.24%	0.06%	0.06%
CPRI	D	0.04%	0.07%	0.04%
CPT	B	0.11%	0.16%	0.11%
CR	C	0.07%	0.05%	0.05%
CRI	C	0.02%	0.06%	0.02%
CRL	D	0.09%	0.07%	0.07%
CROX	C	0.07%	0.04%	0.04%
CRUS	D	0.06%	0.07%	0.06%
CSGP	D	0.28%	0.15%	0.15%
CSL	C	0.17%	0.04%	0.04%
CTLT	B	0.09%	0.09%	0.09%
CTRA	F	0.15%	0.17%	0.15%
CTSH	C	0.34%	0.07%	0.07%
CTVA	B	0.35%	0.17%	0.17%
CUBE	B	0.11%	0.17%	0.11%
CUZ	B	0.04%	0.18%	0.04%
CVNA	B	0.13%	0.07%	0.07%
CW	B	0.11%	0.05%	0.05%
CWEN	B	0.02%	0.22%	0.02%
CWEN	B	0.01%	0.22%	0.01%
CZR	C	0.07%	0.05%	0.05%
DAL	C	0.25%	0.05%	0.05%
DAR	F	0.05%	0.16%	0.05%
DAY	D	0.08%	0.07%	0.07%
DBX	D	0.05%	0.07%	0.05%
DCI	D	0.07%	0.04%	0.04%
DD	B	0.3%	0.05%	0.05%
DDOG	D	0.29%	0.06%	0.06%
DDS	D	0.01%	0.04%	0.01%
DECK	C	0.21%	0.05%	0.05%
DFS	C	0.29%	0.06%	0.06%
DG	F	0.16%	0.03%	0.03%
DGX	B	0.15%	0.09%	0.09%
DHI	B	0.5%	0.07%	0.07%
DINO	D	0.06%	0.17%	0.06%
DJT	F	0.01%	0.04%	0.01%
DKNG	D	0.15%	0.05%	0.05%
DKS	D	0.11%	0.05%	0.05%
DLB	D	0.04%	0.05%	0.04%
DLR	B	0.45%	0.16%	0.16%
DLTR	F	0.12%	0.03%	0.03%
DNB	C	0.03%	0.08%	0.03%
DOC	C	0.14%	0.17%	0.14%
DOCS	B	0.04%	0.11%	0.04%
DOCU	C	0.1%	0.07%	0.07%
DOV	B	0.22%	0.05%	0.05%
DOW	D	0.31%	0.04%	0.04%
DOX	C	0.09%	0.07%	0.07%
DPZ	F	0.12%	0.04%	0.04%
DRI	C	0.17%	0.05%	0.05%
DT	C	0.12%	0.08%	0.08%
DTE	B	0.23%	0.23%	0.23%
DTM	B	0.06%	0.22%	0.06%
DUOL	B	0.07%	0.06%	0.06%
DV	F	0.02%	0.06%	0.02%
DVA	B	0.07%	0.09%	0.07%
DVN	F	0.22%	0.17%	0.17%
DXC	C	0.03%	0.07%	0.03%
DXCM	F	0.24%	0.05%	0.05%
EA	D	0.34%	0.05%	0.05%
EBAY	B	0.28%	0.06%	0.06%
ED	C	0.32%	0.23%	0.23%
EEFT	D	0.04%	0.04%	0.04%
EFX	C	0.33%	0.06%	0.06%
EG	B	0.15%	0.06%	0.06%
EGP	B	0.08%	0.16%	0.08%
EHC	B	0.08%	0.09%	0.08%
EIX	C	0.28%	0.24%	0.24%
ELAN	D	0.06%	0.06%	0.06%
ELF	F	0.05%	0.03%	0.03%
ELS	C	0.12%	0.17%	0.12%
EME	B	0.16%	0.05%	0.05%
EMN	B	0.11%	0.24%	0.11%
ENOV	F	0.02%	0.08%	0.02%
ENPH	C	0.13%	0.2%	0.13%
ENTG	D	0.15%	0.05%	0.05%
EPAM	D	0.1%	0.07%	0.07%
EPR	B	0.03%	0.17%	0.03%
EQH	C	0.11%	0.06%	0.06%
EQR	B	0.26%	0.16%	0.16%
EQT	D	0.17%	0.17%	0.17%
ES	C	0.21%	0.24%	0.21%
ESAB	C	0.05%	0.05%	0.05%
ESI	D	0.05%	0.22%	0.05%
ESS	B	0.18%	0.16%	0.16%
ESTC	F	0.05%	0.04%	0.04%
ETR	A	0.24%	0.24%	0.24%
ETSY	F	0.06%	0.05%	0.05%
EVR	B	0.08%	0.07%	0.07%
EVRG	A	0.12%	0.23%	0.12%
EWBC	C	0.1%	0.07%	0.07%
EXAS	C	0.1%	0.12%	0.1%
EXC	B	0.35%	0.23%	0.23%
EXEL	B	0.07%	0.1%	0.07%
EXP	B	0.08%	0.06%	0.06%
EXPD	B	0.15%	0.04%	0.04%
EXPE	C	0.15%	0.05%	0.05%
EXR	B	0.33%	0.16%	0.16%
FAF	B	0.06%	0.08%	0.06%
FANG	D	0.27%	0.18%	0.18%
FAST	C	0.35%	0.25%	0.25%
FCN	C	0.07%	0.05%	0.05%
FCNCA	D	0.19%	0.07%	0.07%
FDS	C	0.15%	0.07%	0.07%
FE	C	0.22%	0.23%	0.22%
FFIV	A	0.11%	0.08%	0.08%
FHB	C	0.03%	0.07%	0.03%
FHN	D	0.08%	0.07%	0.07%
FICO	A	0.39%	0.06%	0.06%
FIS	B	0.41%	0.05%	0.05%
FITB	B	0.25%	0.07%	0.07%
FIVE	D	0.05%	0.04%	0.04%
FIVN	F	0.02%	0.04%	0.02%
FIX	B	0.11%	0.05%	0.05%
FLO	C	0.04%	0.16%	0.04%
FLS	D	0.05%	0.04%	0.04%
FMC	C	0.07%	0.27%	0.07%
FNB	D	0.05%	0.07%	0.05%
FND	C	0.1%	0.05%	0.05%
FNF	A	0.13%	0.08%	0.08%
FOUR	C	0.04%	0.05%	0.04%
FOXA	B	0.08%	0.06%	0.06%
FR	C	0.06%	0.17%	0.06%
FRPT	B	0.06%	0.18%	0.06%
FRT	C	0.08%	0.17%	0.08%
FSLR	C	0.21%	0.18%	0.18%
FTI	D	0.09%	0.2%	0.09%
FTRE	F	0.02%	0.07%	0.02%
FTV	C	0.23%	0.05%	0.05%
FYBR	C	0.08%	0.73%	0.08%
G	C	0.06%	0.06%	0.06%
GAP	F	0.04%	0.04%	0.04%
GDDY	C	0.19%	0.07%	0.07%
GEHC	C	0.32%	0.09%	0.09%
GFS	F	0.03%	0.05%	0.03%
GGG	C	0.12%	0.05%	0.05%
GIS	B	0.36%	0.17%	0.17%
GL	C	0.09%	0.08%	0.08%
GLOB	D	0.07%	0.07%	0.07%
GLPI	B	0.12%	0.17%	0.12%
GLW	B	0.28%	0.07%	0.07%
GME	F	0.05%	0.04%	0.04%
GMED	D	0.07%	0.08%	0.07%
GNRC	D	0.07%	0.05%	0.05%
GNTX	F	0.06%	0.04%	0.04%
GO	F	0.01%	0.12%	0.01%
GPC	D	0.17%	0.05%	0.05%
GPK	B	0.08%	0.05%	0.05%
GPN	D	0.25%	0.05%	0.05%
GRMN	D	0.23%	0.06%	0.06%
GTES	C	0.03%	0.05%	0.03%
GTLB	D	0.06%	0.08%	0.06%
GWRE	A	0.12%	0.08%	0.08%
GWW	B	0.38%	0.05%	0.05%
GXO	D	0.05%	0.05%	0.05%
H	C	0.06%	0.05%	0.05%
HAL	F	0.22%	0.17%	0.17%
HAS	B	0.08%	0.06%	0.06%
HAYW	C	0.02%	0.05%	0.02%
HBAN	B	0.18%	0.07%	0.07%
HCP	A	0.03%	0.06%	0.03%
HEI	B	0.1%	0.05%	0.05%
HEI	B	0.15%	0.05%	0.05%
HES	D	0.31%	0.17%	0.17%
HHH	C	0.02%	0.16%	0.02%
HIG	A	0.3%	0.07%	0.07%
HII	C	0.09%	0.05%	0.05%
HIW	B	0.03%	0.18%	0.03%
HLI	B	0.07%	0.07%	0.07%
HLT	B	0.47%	0.05%	0.05%
HOG	C	0.04%	0.06%	0.04%
HOLX	B	0.16%	0.09%	0.09%
HOOD	C	0.13%	0.06%	0.06%
HPE	D	0.19%	0.05%	0.05%
HPQ	D	0.28%	0.06%	0.06%
HRB	C	0.08%	0.06%	0.06%
HRL	C	0.08%	0.17%	0.08%
HSIC	C	0.08%	0.08%	0.08%
HST	D	0.11%	0.14%	0.11%
HSY	C	0.26%	0.17%	0.17%
HUBB	B	0.19%	0.05%	0.05%
HUBS	D	0.21%	0.05%	0.05%
HUM	F	0.34%	0.07%	0.07%
HUN	D	0.03%	0.22%	0.03%
HWM	B	0.34%	0.05%	0.05%
HXL	F	0.04%	0.22%	0.04%
IAC	C	0.03%	0.07%	0.03%
IBKR	B	0.12%	0.06%	0.06%
IDA	B	0.05%	0.23%	0.05%
IDXX	C	0.36%	0.08%	0.08%
IEX	D	0.13%	0.04%	0.04%
IFF	B	0.23%	0.25%	0.23%
ILMN	C	0.18%	0.1%	0.1%
INCY	C	0.1%	0.08%	0.08%
INFA	D	0.01%	0.05%	0.01%
INGR	A	0.08%	0.19%	0.08%
INSP	C	0.05%	0.1%	0.05%
INVH	C	0.2%	0.15%	0.15%
IONS	F	0.06%	0.08%	0.06%
IP	B	0.15%	0.24%	0.15%
IPG	C	0.1%	0.05%	0.05%
IPGP	F	0.02%	0.05%	0.02%
IQV	C	0.38%	0.09%	0.09%
IR	C	0.32%	0.04%	0.04%
IRDM	D	0.03%	0.53%	0.03%
IRM	B	0.3%	0.19%	0.19%
IT	B	0.34%	0.07%	0.07%
ITCI	D	0.07%	0.08%	0.07%
ITT	C	0.1%	0.05%	0.05%
IVZ	C	0.05%	0.07%	0.05%
J	D	0.16%	0.05%	0.05%
JAZZ	D	0.06%	0.08%	0.06%
JBHT	D	0.12%	0.05%	0.05%
JBL	D	0.11%	0.06%	0.06%
JEF	B	0.09%	0.08%	0.08%
JHG	B	0.04%	0.07%	0.04%
JKHY	B	0.11%	0.05%	0.05%
JLL	B	0.1%	0.17%	0.1%
JNPR	A	0.11%	0.56%	0.11%
JWN	B	0.02%	0.05%	0.02%
K	A	0.18%	0.22%	0.18%
KBR	D	0.07%	0.06%	0.06%
KD	D	0.05%	0.06%	0.05%
KEX	C	0.06%	0.04%	0.04%
KEY	B	0.13%	0.07%	0.07%
KEYS	C	0.23%	0.05%	0.05%
KIM	B	0.14%	0.18%	0.14%
KMI	A	0.36%	0.21%	0.21%
KMPR	D	0.03%	0.06%	0.03%
KMX	D	0.11%	0.06%	0.06%
KNSL	C	0.09%	0.07%	0.07%
KNX	C	0.07%	0.05%	0.05%
KR	B	0.32%	0.18%	0.18%
KRC	B	0.04%	0.16%	0.04%
KSS	F	0.02%	0.05%	0.02%
KVUE	B	0.39%	0.2%	0.2%
L	B	0.13%	0.06%	0.06%
LAD	C	0.07%	0.06%	0.06%
LAMR	A	0.1%	0.16%	0.1%
LBRDK	D	0.06%	0.61%	0.06%
LCID	C	0.03%	0.08%	0.03%
LDOS	C	0.18%	0.07%	0.07%
LEA	D	0.05%	0.05%	0.05%
LECO	F	0.09%	0.04%	0.04%
LEG	D	0.01%	0.05%	0.01%
LEN	B	0.39%	0.06%	0.06%
LEN	B	0.02%	0.06%	0.02%
LFUS	D	0.05%	0.04%	0.04%
LHX	D	0.38%	0.05%	0.05%
LII	B	0.17%	0.05%	0.05%
LITE	B	0.03%	0.58%	0.03%
LKQ	D	0.1%	0.05%	0.05%
LNC	D	0.04%	0.06%	0.04%
LNG	D	0.36%	0.22%	0.22%
LNT	A	0.13%	0.23%	0.13%
LNW	B	0.09%	0.06%	0.06%
LOPE	D	0.04%	0.05%	0.04%
LPLA	D	0.13%	0.04%	0.04%
LPX	B	0.06%	0.05%	0.05%
LSCC	D	0.05%	0.05%	0.05%
LSTR	D	0.06%	0.05%	0.05%
LUV	C	0.15%	0.05%	0.05%
LVS	D	0.13%	0.05%	0.05%
LW	D	0.08%	0.12%	0.08%
LYB	F	0.21%	0.23%	0.21%
LYFT	D	0.04%	0.04%	0.04%
LYV	B	0.14%	0.05%	0.05%
M	F	0.04%	0.04%	0.04%
MAA	B	0.17%	0.17%	0.17%
MAN	C	0.03%	0.04%	0.03%
MANH	B	0.14%	0.07%	0.07%
MAS	B	0.15%	0.05%	0.05%
MASI	D	0.04%	0.07%	0.04%
MAT	C	0.06%	0.06%	0.06%
MCHP	D	0.36%	0.05%	0.05%
MDB	D	0.17%	0.08%	0.08%
MDU	B	0.05%	0.05%	0.05%
MEDP	D	0.08%	0.07%	0.07%
MGM	D	0.08%	0.04%	0.04%
MHK	B	0.07%	0.06%	0.06%
MIDD	C	0.06%	0.05%	0.05%
MKC	B	0.18%	0.19%	0.18%
MKL	C	0.18%	0.06%	0.06%
MKSI	F	0.07%	0.04%	0.04%
MKTX	C	0.08%	0.08%	0.08%
MLM	D	0.28%	0.04%	0.04%
MOH	C	0.18%	0.09%	0.09%
MORN	C	0.07%	0.07%	0.07%
MOS	F	0.07%	0.21%	0.07%
MP	D	0.02%	0.24%	0.02%
MPW	C	0.03%	0.17%	0.03%
MPWR	C	0.38%	0.07%	0.07%
MRO	D	0.13%	0.19%	0.13%
MSA	C	0.06%	0.04%	0.04%
MSCI	C	0.38%	0.07%	0.07%
MSGS	B	0.03%	0.06%	0.03%
MSM	D	0.03%	0.05%	0.03%
MSTR	D	0.19%	0.06%	0.06%
MTB	B	0.25%	0.07%	0.07%
MTCH	C	0.08%	0.07%	0.07%
MTD	D	0.25%	0.04%	0.04%
MTDR	D	0.05%	0.17%	0.05%
MTG	B	0.06%	0.07%	0.06%
MTN	D	0.06%	0.05%	0.05%
MTSI	D	0.05%	0.06%	0.05%
MTZ	B	0.06%	0.05%	0.05%
MUSA	C	0.09%	0.06%	0.06%
NBIX	F	0.11%	0.07%	0.07%
NCLH	C	0.07%	0.06%	0.06%
NCNO	D	0.02%	0.06%	0.02%
NDAQ	B	0.26%	0.08%	0.08%
NDSN	C	0.12%	0.05%	0.05%
NET	F	0.21%	0.06%	0.06%
NEU	D	0.03%	0.25%	0.03%
NFE	F	0.01%	0.1%	0.01%
NFG	B	0.05%	0.22%	0.05%
NI	B	0.13%	0.24%	0.13%
NNN	B	0.08%	0.16%	0.08%
NOV	D	0.05%	0.18%	0.05%
NRG	C	0.15%	0.2%	0.15%
NSA	B	0.03%	0.16%	0.03%
NTAP	D	0.21%	0.06%	0.06%
NTNX	C	0.13%	0.07%	0.07%
NTRA	B	0.13%	0.09%	0.09%
NTRS	B	0.16%	0.07%	0.07%
NUE	F	0.3%	0.21%	0.21%
NVR	B	0.24%	0.06%	0.06%
NVST	D	0.03%	0.09%	0.03%
NVT	D	0.1%	0.04%	0.04%
NWL	D	0.03%	0.06%	0.03%
NWSA	D	0.09%	0.05%	0.05%
NXST	D	0.05%	0.05%	0.05%
NYT	C	0.07%	0.05%	0.05%
O	B	0.47%	0.17%	0.17%
OC	C	0.13%	0.04%	0.04%
ODFL	C	0.33%	0.05%	0.05%
OGE	B	0.07%	0.23%	0.07%
OGN	D	0.05%	0.08%	0.05%
OHI	A	0.09%	0.18%	0.09%
OKE	B	0.47%	0.23%	0.23%
OKTA	F	0.1%	0.05%	0.05%
OLED	C	0.09%	0.06%	0.06%
OLLI	C	0.05%	0.05%	0.05%
OLN	D	0.05%	0.2%	0.05%
OMC	A	0.17%	0.06%	0.06%
OMF	C	0.05%	0.06%	0.05%
ON	D	0.27%	0.06%	0.06%
ONTO	F	0.08%	0.05%	0.05%
ORI	A	0.08%	0.07%	0.07%
OSK	D	0.06%	0.04%	0.04%
OTIS	D	0.33%	0.04%	0.04%
OVV	D	0.09%	0.17%	0.09%
OWL	C	0.08%	0.06%	0.06%
OZK	D	0.04%	0.06%	0.04%
PAG	D	0.03%	0.05%	0.03%
PARA	F	0.05%	0.05%	0.05%
PATH	D	0.04%	0.07%	0.04%
PAYC	D	0.08%	0.07%	0.07%
PAYX	C	0.38%	0.05%	0.05%
PB	B	0.06%	0.08%	0.06%
PCG	C	0.37%	0.22%	0.22%
PCOR	F	0.05%	0.06%	0.05%
PCTY	C	0.06%	0.05%	0.05%
PEG	B	0.37%	0.23%	0.23%
PEGA	C	0.03%	0.07%	0.03%
PEN	D	0.06%	0.09%	0.06%
PENN	D	0.03%	0.05%	0.03%
PFG	B	0.17%	0.06%	0.06%
PFGC	B	0.1%	0.17%	0.1%
PHM	B	0.26%	0.07%	0.07%
PII	D	0.04%	0.05%	0.04%
PINC	C	0.02%	0.09%	0.02%
PINS	F	0.15%	0.04%	0.04%
PK	D	0.03%	0.13%	0.03%
PKG	B	0.16%	0.05%	0.05%
PLNT	A	0.06%	0.06%	0.06%
PLTK	C	0.0%	0.05%	0.0%
PLTR	B	0.63%	0.08%	0.08%
PNFP	B	0.06%	0.07%	0.06%
PNR	B	0.13%	0.05%	0.05%
PNW	B	0.09%	0.24%	0.09%
PODD	B	0.14%	0.09%	0.09%
POOL	C	0.12%	0.05%	0.05%
POST	C	0.05%	0.18%	0.05%
PPC	D	0.01%	0.18%	0.01%
PPG	C	0.26%	0.04%	0.04%
PPL	C	0.21%	0.23%	0.21%
PR	D	0.07%	0.17%	0.07%
PRGO	D	0.03%	0.09%	0.03%
PRI	B	0.08%	0.07%	0.07%
PRU	C	0.37%	0.06%	0.06%
PSN	B	0.04%	0.08%	0.04%
PSTG	F	0.12%	0.05%	0.05%
PTC	D	0.18%	0.06%	0.06%
PVH	F	0.05%	0.04%	0.04%
PWR	B	0.34%	0.04%	0.04%
PYCR	D	0.01%	0.07%	0.01%
QRVO	F	0.09%	0.06%	0.06%
QS	F	0.02%	0.06%	0.02%
R	B	0.05%	0.05%	0.05%
RARE	B	0.05%	0.12%	0.05%
RBC	C	0.07%	0.25%	0.07%
RBLX	B	0.2%	0.07%	0.07%
RCL	B	0.35%	0.06%	0.06%
RCM	C	0.02%	0.09%	0.02%
REG	C	0.12%	0.17%	0.12%
REXR	C	0.1%	0.16%	0.1%
REYN	C	0.02%	0.18%	0.02%
RF	B	0.18%	0.07%	0.07%
RGA	B	0.12%	0.06%	0.06%
RGEN	F	0.07%	0.1%	0.07%
RGLD	B	0.08%	0.27%	0.08%
RH	B	0.04%	0.06%	0.04%
RHI	D	0.06%	0.04%	0.04%
RIVN	F	0.1%	0.07%	0.07%
RJF	C	0.2%	0.06%	0.06%
RKT	B	0.02%	0.08%	0.02%
RL	B	0.06%	0.05%	0.05%
RLI	B	0.06%	0.07%	0.06%
RMD	C	0.32%	0.09%	0.09%
RNG	D	0.02%	0.06%	0.02%
RNR	B	0.12%	0.07%	0.07%
ROK	D	0.26%	0.05%	0.05%
ROKU	C	0.08%	0.7%	0.08%
ROL	C	0.12%	0.05%	0.05%
ROST	C	0.45%	0.05%	0.05%
RPM	B	0.13%	0.05%	0.05%
RPRX	C	0.09%	0.08%	0.08%
RRC	D	0.06%	0.17%	0.06%
RRX	C	0.09%	0.05%	0.05%
RS	D	0.14%	0.23%	0.14%
RYAN	C	0.06%	0.07%	0.06%
RYN	C	0.04%	0.15%	0.04%
S	C	0.05%	0.08%	0.05%
SAIA	D	0.1%	0.04%	0.04%
SAIC	C	0.06%	0.07%	0.06%
SAM	F	0.02%	0.15%	0.02%
SBAC	C	0.23%	0.18%	0.18%
SCI	B	0.1%	0.06%	0.06%
SEB	C	0.01%	0.17%	0.01%
SEE	D	0.04%	0.04%	0.04%
SEG	C	0.0%	0.01%	0.0%
SEIC	B	0.06%	0.06%	0.06%
SF	A	0.08%	0.06%	0.06%
SHC	B	0.02%	0.11%	0.02%
SITE	D	0.05%	0.05%	0.05%
SJM	C	0.11%	0.17%	0.11%
SKX	C	0.08%	0.05%	0.05%
SLGN	B	0.04%	0.05%	0.04%
SLM	C	0.04%	0.07%	0.04%
SMAR	B	0.06%	0.08%	0.06%
SMCI	F	0.2%	0.03%	0.03%
SMG	C	0.03%	0.24%	0.03%
SN	B	0.06%	0.07%	0.06%
SNA	B	0.13%	0.05%	0.05%
SNDR	B	0.01%	0.06%	0.01%
SNV	C	0.06%	0.07%	0.06%
SNX	D	0.07%	0.05%	0.05%
SOFI	C	0.07%	0.07%	0.07%
SOLV	C	0.08%	0.1%	0.08%
SON	C	0.05%	0.04%	0.04%
SPB	B	0.02%	0.16%	0.02%
SPG	B	0.46%	0.16%	0.16%
SPR	D	0.03%	0.05%	0.03%
SQ	D	0.31%	0.05%	0.05%
SRCL	A	0.05%	0.22%	0.05%
SRPT	F	0.1%	0.08%	0.08%
SSD	C	0.07%	0.05%	0.05%
SSNC	B	0.14%	0.07%	0.07%
ST	D	0.05%	0.04%	0.04%
STAG	C	0.06%	0.16%	0.06%
STE	C	0.21%	0.09%	0.09%
STLD	D	0.15%	0.21%	0.15%
STT	A	0.22%	0.07%	0.07%
STWD	A	0.06%	0.06%	0.06%
SUI	B	0.16%	0.18%	0.16%
SWK	B	0.14%	0.05%	0.05%
SWKS	F	0.14%	0.06%	0.06%
SWN	D	0.06%	0.18%	0.06%
SYF	C	0.17%	0.05%	0.05%
SYY	D	0.33%	0.17%	0.17%
TAP	C	0.08%	0.17%	0.08%
TDC	F	0.02%	0.05%	0.02%
TDY	C	0.18%	0.05%	0.05%
TECH	C	0.1%	0.08%	0.08%
TER	D	0.18%	0.05%	0.05%
TFSL	C	0.01%	0.07%	0.01%
TFX	C	0.1%	0.1%	0.1%
THC	B	0.14%	0.09%	0.09%
THG	A	0.05%	0.07%	0.05%
THO	D	0.05%	0.06%	0.05%
TKO	B	0.08%	0.06%	0.06%
TKR	D	0.04%	0.23%	0.04%
TNL	D	0.03%	0.05%	0.03%
TOL	B	0.14%	0.06%	0.06%
TOST	B	0.1%	0.06%	0.06%
TPG	B	0.04%	0.08%	0.04%
TPL	C	0.13%	0.21%	0.13%
TPR	C	0.09%	0.05%	0.05%
TPX	C	0.08%	0.05%	0.05%
TREX	F	0.06%	0.03%	0.03%
TRGP	B	0.28%	0.24%	0.24%
TRIP	F	0.01%	0.04%	0.01%
TRMB	C	0.12%	0.05%	0.05%
TROW	D	0.2%	0.06%	0.06%
TRU	B	0.17%	0.06%	0.06%
TSCO	C	0.27%	0.05%	0.05%
TSN	C	0.15%	0.18%	0.15%
TTC	D	0.08%	0.04%	0.04%
TTD	B	0.41%	0.06%	0.06%
TTEK	C	0.11%	0.05%	0.05%
TTWO	D	0.22%	0.05%	0.05%
TW	A	0.12%	0.07%	0.07%
TWLO	D	0.09%	0.07%	0.07%
TXG	D	0.02%	0.09%	0.02%
TXRH	D	0.1%	0.05%	0.05%
TXT	D	0.15%	0.05%	0.05%
TYL	C	0.22%	0.08%	0.08%
U	D	0.05%	0.08%	0.05%
UAA	C	0.01%	0.05%	0.01%
UAL	B	0.14%	0.05%	0.05%
UDR	B	0.13%	0.16%	0.13%
UGI	C	0.04%	0.21%	0.04%
UHAL	B	0.0%	0.06%	0.0%
UHAL	B	0.06%	0.06%	0.06%
UHS	B	0.12%	0.1%	0.1%
UI	B	0.01%	0.73%	0.01%
ULTA	D	0.16%	0.05%	0.05%
UNM	B	0.07%	0.07%	0.07%
URI	B	0.42%	0.05%	0.05%
USFD	B	0.12%	0.18%	0.12%
UTHR	C	0.13%	0.09%	0.09%
UWMC	C	0.01%	0.08%	0.01%
VAC	F	0.02%	0.04%	0.02%
VEEV	C	0.28%	0.1%	0.1%
VFC	C	0.06%	0.06%	0.06%
VICI	C	0.31%	0.17%	0.17%
VIRT	B	0.02%	0.08%	0.02%
VKTX	C	0.06%	0.1%	0.06%
VLTO	C	0.24%	0.05%	0.05%
VMC	D	0.27%	0.04%	0.04%
VMI	D	0.05%	0.05%	0.05%
VNO	B	0.06%	0.2%	0.06%
VNT	D	0.05%	0.04%	0.04%
VOYA	A	0.07%	0.06%	0.06%
VRSK	D	0.33%	0.05%	0.05%
VRSN	D	0.14%	0.06%	0.06%
VRT	C	0.27%	0.06%	0.06%
VST	C	0.26%	0.18%	0.18%
VSTS	D	0.02%	0.06%	0.02%
VTR	C	0.23%	0.19%	0.19%
VTRS	C	0.12%	0.09%	0.09%
VVV	D	0.05%	0.23%	0.05%
W	D	0.04%	0.04%	0.04%
WAB	A	0.26%	0.05%	0.05%
WAL	B	0.08%	0.08%	0.08%
WAT	C	0.17%	0.05%	0.05%
WBA	F	0.06%	0.09%	0.06%
WBD	D	0.18%	0.06%	0.06%
WBS	C	0.07%	0.07%	0.07%
WCC	C	0.06%	0.04%	0.04%
WDC	D	0.19%	0.05%	0.05%
WEC	B	0.26%	0.24%	0.24%
WEN	C	0.03%	0.05%	0.03%
WEX	C	0.07%	0.05%	0.05%
WFRD	F	0.06%	0.16%	0.06%
WH	B	0.05%	0.05%	0.05%
WHR	D	0.05%	0.05%	0.05%
WING	B	0.1%	0.05%	0.05%
WLK	D	0.04%	0.21%	0.04%
WMB	B	0.48%	0.22%	0.22%
WMS	D	0.09%	0.04%	0.04%
WOLF	F	0.01%	0.02%	0.01%
WPC	B	0.12%	0.16%	0.12%
WRB	C	0.16%	0.07%	0.07%
WSC	D	0.06%	0.05%	0.05%
WSM	C	0.16%	0.05%	0.05%
WSO	C	0.14%	0.04%	0.04%
WST	D	0.19%	0.07%	0.07%
WTFC	B	0.06%	0.07%	0.06%
WTM	F	0.04%	0.06%	0.04%
WTRG	D	0.09%	0.21%	0.09%
WTW	B	0.26%	0.07%	0.07%
WU	D	0.03%	0.04%	0.03%
WWD	D	0.09%	0.04%	0.04%
WY	C	0.21%	0.16%	0.16%
WYNN	D	0.07%	0.04%	0.04%
X	D	0.07%	0.22%	0.07%
XEL	A	0.31%	0.24%	0.24%
XPO	D	0.11%	0.05%	0.05%
XRAY	D	0.05%	0.08%	0.05%
XYL	D	0.28%	0.04%	0.04%
YETI	D	0.03%	0.05%	0.03%
YUM	D	0.33%	0.05%	0.05%
Z	B	0.08%	0.17%	0.08%
ZBH	F	0.19%	0.08%	0.08%
ZBRA	B	0.15%	0.05%	0.05%
ZI	D	0.03%	0.05%	0.03%
ZION	D	0.06%	0.07%	0.06%
ZM	C	0.15%	0.07%	0.07%
ZS	F	0.14%	0.06%	0.06%

IWR Overweight 38 Positions Relative to EQAL

Symbol	Grade	Weight
COR	D	0.35%
FERG	C	0.34%
COO	B	0.19%
LH	B	0.16%
FWONK	D	0.14%
GEN	A	0.13%
RVTY	B	0.13%
SW	B	0.1%
NLY	A	0.09%
FBIN	B	0.09%
CAVA	B	0.08%
CART	A	0.06%
HR	C	0.06%
LAZ	A	0.05%
RITM	B	0.05%
SIRI	C	0.05%
AZPN	A	0.05%
ROIV	C	0.04%
CCCS	D	0.04%
FOX	B	0.04%
CXT	D	0.03%
NWS	D	0.03%
LBTYA	B	0.03%
LBTYK	B	0.03%
VNOM	C	0.03%
FWONA	C	0.02%
AS	C	0.02%
LLYVK	B	0.02%
ADT	D	0.02%
QDEL	D	0.02%
ZG	B	0.02%
LLYVA	B	0.01%
LOAR	C	0.01%
ALAB	D	0.01%
LBRDA	D	0.01%
UA	C	0.01%
PARAA	D	0.0%
GRAL	F	0.0%

IWR Underweight 202 Positions Relative to EQAL

Symbol	Grade	Weight
T	B	-0.61%
TMUS	C	-0.59%
MSI	C	-0.58%
VZ	B	-0.56%
CSCO	B	-0.54%
CMCSA	D	-0.53%
ANET	B	-0.53%
NEM	B	-0.29%
LIN	B	-0.25%
DUK	C	-0.24%
AEP	B	-0.24%
ECL	B	-0.24%
APD	B	-0.24%
SO	B	-0.23%
D	C	-0.23%
NEE	B	-0.23%
RSG	D	-0.22%
SRE	B	-0.22%
SCCO	D	-0.21%
PM	C	-0.2%
EOG	D	-0.2%
FCX	D	-0.2%
WM	D	-0.2%
XOM	D	-0.2%
COP	D	-0.19%
MPC	D	-0.19%
CL	C	-0.18%
AMT	C	-0.18%
SLB	F	-0.18%
VLO	D	-0.18%
PSA	B	-0.18%
CVX	D	-0.18%
WELL	B	-0.18%
MDLZ	B	-0.18%
KO	B	-0.18%
PSX	D	-0.18%
MO	C	-0.18%
PG	C	-0.17%
PEP	C	-0.17%
CEG	C	-0.17%
PLD	C	-0.17%
KHC	C	-0.17%
KDP	A	-0.17%
KMB	D	-0.16%
EQIX	B	-0.16%
OXY	F	-0.16%
MNST	C	-0.16%
CVS	D	-0.15%
STZ	C	-0.15%
MCK	F	-0.14%
UNH	C	-0.1%
GILD	B	-0.1%
LLY	C	-0.09%
AMGN	B	-0.09%
CI	C	-0.09%
SYK	C	-0.09%
QGEN	B	-0.09%
BSX	B	-0.09%
DHR	B	-0.09%
ABT	C	-0.09%
TMO	C	-0.09%
REGN	C	-0.09%
JNJ	B	-0.09%
MDT	C	-0.09%
ABBV	C	-0.09%
ZTS	B	-0.09%
ISRG	C	-0.09%
HCA	B	-0.09%
BMY	C	-0.09%
IBM	B	-0.08%
ICE	B	-0.08%
BDX	F	-0.08%
FTNT	C	-0.08%
VRTX	D	-0.08%
ELV	C	-0.08%
PFE	C	-0.08%
TEAM	F	-0.07%
INTU	D	-0.07%
META	A	-0.07%
TSLA	C	-0.07%
AAPL	D	-0.07%
ADSK	B	-0.07%
MET	A	-0.07%
MMC	C	-0.07%
CB	B	-0.07%
KKR	B	-0.07%
CME	C	-0.07%
BRK.A	C	-0.07%
PANW	D	-0.07%
TRV	B	-0.07%
USB	B	-0.07%
ORCL	B	-0.07%
ADBE	D	-0.07%
MCO	A	-0.07%
BLK	A	-0.07%
TFC	D	-0.07%
MRK	D	-0.07%
PNC	B	-0.07%
WDAY	D	-0.07%
DASH	C	-0.07%
AON	B	-0.07%
BX	B	-0.07%
SPGI	B	-0.07%
PGR	A	-0.07%
NOW	A	-0.07%
NU	B	-0.07%
SNOW	F	-0.06%
TJX	C	-0.06%
GEV	B	-0.06%
SPOT	B	-0.06%
LMT	C	-0.06%
RBA	C	-0.06%
NVDA	D	-0.06%
SHW	B	-0.06%
PH	B	-0.06%
LOW	B	-0.06%
APH	D	-0.06%
CRBG	D	-0.06%
AMD	F	-0.06%
C	D	-0.06%
AVGO	C	-0.06%
MSFT	C	-0.06%
MMM	B	-0.06%
APO	C	-0.06%
MCD	C	-0.06%
ADI	D	-0.06%
WMT	B	-0.06%
BAC	D	-0.06%
ROP	C	-0.06%
AIG	D	-0.06%
EW	F	-0.06%
MS	D	-0.06%
MRVL	C	-0.06%
TXN	C	-0.06%
SBUX	C	-0.06%
GS	D	-0.06%
XP	D	-0.06%
JPM	D	-0.06%
CRM	D	-0.06%
DIS	D	-0.05%
CMG	C	-0.05%
COF	C	-0.05%
NKE	D	-0.05%
GD	B	-0.05%
CSX	D	-0.05%
F	D	-0.05%
DE	B	-0.05%
ITW	B	-0.05%
TDG	B	-0.05%
DELL	D	-0.05%
GE	B	-0.05%
V	B	-0.05%
CAT	C	-0.05%
AMAT	D	-0.05%
QCOM	D	-0.05%
JCI	B	-0.05%
TT	B	-0.05%
MAR	C	-0.05%
SNPS	D	-0.05%
GM	B	-0.05%
UBER	C	-0.05%
CPRT	D	-0.05%
MA	B	-0.05%
UNP	B	-0.05%
BKNG	B	-0.05%
AXP	B	-0.05%
ADP	B	-0.05%
FDX	C	-0.05%
NSC	C	-0.05%
AMZN	C	-0.05%
ACN	C	-0.05%
NFLX	B	-0.05%
RTX	C	-0.05%
CDNS	D	-0.05%
CTAS	C	-0.05%
SCHW	D	-0.05%
ORLY	B	-0.05%
TGT	C	-0.05%
CARR	B	-0.05%
PYPL	B	-0.05%
AZO	D	-0.05%
COST	C	-0.05%
GOOGL	D	-0.05%
NOC	B	-0.05%
HD	B	-0.05%
WFC	D	-0.05%
KLAC	D	-0.05%
MU	F	-0.04%
EL	F	-0.04%
INTC	F	-0.04%
ABNB	D	-0.04%
CRWD	F	-0.04%
MRNA	F	-0.04%
BA	F	-0.04%
ETN	C	-0.04%
EMR	D	-0.04%
UPS	D	-0.04%
LULU	D	-0.04%
LRCX	F	-0.04%
PCAR	D	-0.04%
HON	D	-0.04%
ADTN	F	-0.04%