IWR vs. EUSA ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to iShares MSCI USA Index Fund (EUSA)

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

$93.49

Average Daily Volume

1,460,358

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.25

Average Daily Volume

44,797

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	IWR	EUSA
30 Days	5.29%	4.09%
60 Days	7.26%	6.02%
90 Days	8.75%	7.80%
12 Months	32.54%	30.83%

389 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in EUSA	Overlap
	A	D	0.31%	0.14%	0.14%
	ACGL	C	0.3%	0.15%	0.15%
	ACI	C	0.07%	0.15%	0.07%
	ACM	B	0.12%	0.18%	0.12%
	ADM	D	0.21%	0.14%	0.14%
	AEE	A	0.2%	0.18%	0.18%
	AES	F	0.08%	0.12%	0.08%
	AFG	A	0.08%	0.17%	0.08%
	AFL	B	0.51%	0.18%	0.18%
	AIZ	A	0.09%	0.2%	0.09%
	AJG	A	0.52%	0.16%	0.16%
	AKAM	D	0.11%	0.13%	0.11%
	ALB	B	0.1%	0.2%	0.1%
	ALGN	D	0.14%	0.15%	0.14%
	ALL	A	0.43%	0.17%	0.17%
	ALLE	C	0.1%	0.16%	0.1%
	ALLY	C	0.08%	0.14%	0.08%
	ALNY	D	0.24%	0.13%	0.13%
	AMCR	C	0.12%	0.14%	0.12%
	AME	A	0.37%	0.18%	0.18%
	AMH	C	0.1%	0.15%	0.1%
	AMP	A	0.46%	0.2%	0.2%
	ANSS	B	0.24%	0.16%	0.16%
	AOS	F	0.07%	0.14%	0.07%
	APA	D	0.07%	0.12%	0.07%
	APP	B	0.63%	0.58%	0.58%
	APTV	F	0.12%	0.12%	0.12%
	ARE	F	0.15%	0.14%	0.14%
	ARES	A	0.25%	0.19%	0.19%
	ATO	A	0.18%	0.18%	0.18%
	AVB	B	0.27%	0.17%	0.17%
	AVTR	F	0.12%	0.12%	0.12%
	AVY	F	0.13%	0.15%	0.13%
	AWK	C	0.22%	0.15%	0.15%
	AXON	A	0.35%	0.26%	0.26%
	AZPN	A	0.05%	0.18%	0.05%
	BAH	F	0.16%	0.14%	0.14%
	BALL	F	0.15%	0.15%	0.15%
	BAX	F	0.13%	0.14%	0.13%
	BBWI	C	0.06%	0.15%	0.06%
	BBY	D	0.16%	0.16%	0.16%
	BEN	C	0.05%	0.15%	0.05%
	BG	D	0.1%	0.15%	0.1%
	BIIB	F	0.19%	0.12%	0.12%
	BIO	C	0.05%	0.16%	0.05%
	BK	A	0.48%	0.19%	0.19%
	BKR	A	0.35%	0.2%	0.2%
	BLDR	D	0.17%	0.17%	0.17%
	BMRN	F	0.1%	0.1%	0.1%
	BR	A	0.22%	0.17%	0.17%
	BRO	B	0.22%	0.17%	0.17%
	BSY	F	0.05%	0.15%	0.05%
	BURL	B	0.14%	0.16%	0.14%
	BXP	C	0.1%	0.18%	0.1%
	CAG	F	0.1%	0.14%	0.1%
	CAH	B	0.24%	0.17%	0.17%
	CBOE	C	0.17%	0.16%	0.16%
	CBRE	B	0.33%	0.19%	0.19%
	CCI	C	0.37%	0.15%	0.15%
	CCK	D	0.09%	0.16%	0.09%
	CCL	A	0.2%	0.26%	0.2%
	CDW	F	0.2%	0.12%	0.12%
	CE	F	0.07%	0.09%	0.07%
	CELH	F	0.04%	0.11%	0.04%
	CF	A	0.13%	0.17%	0.13%
	CFG	B	0.17%	0.18%	0.17%
	CG	B	0.09%	0.2%	0.09%
	CHD	A	0.22%	0.17%	0.17%
	CHRD	D	0.07%	0.14%	0.07%
	CHRW	B	0.11%	0.17%	0.11%
	CHTR	C	0.3%	0.17%	0.17%
	CINF	A	0.19%	0.19%	0.19%
	CLX	A	0.17%	0.17%	0.17%
	CMI	A	0.41%	0.19%	0.19%
	CMS	C	0.17%	0.16%	0.16%
	CNC	D	0.25%	0.12%	0.12%
	CNH	C	0.08%	0.18%	0.08%
	CNP	A	0.16%	0.19%	0.16%
	COIN	C	0.5%	0.26%	0.26%
	COO	D	0.16%	0.16%	0.16%
	COR	B	0.33%	0.16%	0.16%
	CPAY	A	0.2%	0.21%	0.2%
	CPB	D	0.07%	0.14%	0.07%
	CPT	B	0.1%	0.16%	0.1%
	CRL	D	0.08%	0.14%	0.08%
	CSGP	D	0.24%	0.15%	0.15%
	CSL	C	0.17%	0.17%	0.17%
	CTLT	C	0.09%	0.16%	0.09%
	CTRA	B	0.16%	0.17%	0.16%
	CTSH	B	0.32%	0.16%	0.16%
	CTVA	C	0.32%	0.17%	0.17%
	DAL	B	0.34%	0.26%	0.26%
	DAY	B	0.09%	0.21%	0.09%
	DD	C	0.28%	0.16%	0.16%
	DDOG	A	0.31%	0.18%	0.18%
	DECK	A	0.22%	0.18%	0.18%
	DFS	B	0.36%	0.2%	0.2%
	DG	F	0.14%	0.1%	0.1%
	DGX	A	0.15%	0.17%	0.15%
	DHI	F	0.39%	0.14%	0.14%
	DINO	D	0.05%	0.14%	0.05%
	DKNG	B	0.15%	0.2%	0.15%
	DKS	D	0.09%	0.14%	0.09%
	DLR	B	0.48%	0.2%	0.2%
	DLTR	F	0.11%	0.1%	0.1%
	DOC	C	0.12%	0.16%	0.12%
	DOCU	B	0.13%	0.22%	0.13%
	DOV	A	0.23%	0.17%	0.17%
	DOW	F	0.26%	0.13%	0.13%
	DPZ	C	0.12%	0.16%	0.12%
	DRI	B	0.16%	0.16%	0.16%
	DT	D	0.13%	0.16%	0.13%
	DTE	C	0.2%	0.16%	0.16%
	DVA	C	0.07%	0.17%	0.07%
	DVN	F	0.2%	0.14%	0.14%
	DXCM	C	0.25%	0.16%	0.16%
	EA	A	0.36%	0.18%	0.18%
	EBAY	D	0.26%	0.17%	0.17%
	ED	C	0.28%	0.15%	0.15%
	EFX	F	0.25%	0.13%	0.13%
	EG	C	0.13%	0.16%	0.13%
	EIX	B	0.26%	0.16%	0.16%
	ELS	C	0.11%	0.16%	0.11%
	EME	A	0.19%	0.22%	0.19%
	EMN	C	0.1%	0.16%	0.1%
	ENPH	F	0.06%	0.08%	0.06%
	ENTG	D	0.12%	0.14%	0.12%
	EPAM	B	0.11%	0.18%	0.11%
	EQH	C	0.12%	0.15%	0.12%
	EQR	C	0.23%	0.16%	0.16%
	EQT	B	0.21%	0.21%	0.21%
	ES	C	0.18%	0.15%	0.15%
	ESS	B	0.16%	0.16%	0.16%
	ETR	B	0.26%	0.2%	0.2%
	EVRG	A	0.12%	0.17%	0.12%
	EXAS	D	0.07%	0.14%	0.07%
	EXC	C	0.32%	0.16%	0.16%
	EXE	A	0.18%	0.21%	0.18%
	EXPD	C	0.14%	0.15%	0.14%
	EXPE	B	0.19%	0.21%	0.19%
	EXR	C	0.28%	0.15%	0.15%
	FANG	C	0.27%	0.15%	0.15%
	FAST	B	0.39%	0.19%	0.19%
	FBIN	D	0.08%	0.15%	0.08%
	FCNCA	A	0.22%	0.18%	0.18%
	FDS	B	0.15%	0.18%	0.15%
	FE	C	0.2%	0.15%	0.15%
	FERG	B	0.33%	0.15%	0.15%
	FFIV	B	0.11%	0.19%	0.11%
	FICO	B	0.44%	0.2%	0.2%
	FIS	C	0.41%	0.18%	0.18%
	FITB	B	0.26%	0.18%	0.18%
	FNF	B	0.13%	0.17%	0.13%
	FOX	A	0.05%	0.06%	0.05%
	FOXA	A	0.09%	0.12%	0.09%
	FSLR	F	0.17%	0.13%	0.13%
	FTV	C	0.22%	0.16%	0.16%
	FWONK	A	0.14%	0.16%	0.14%
	GDDY	A	0.21%	0.18%	0.18%
	GEHC	D	0.31%	0.16%	0.16%
	GEN	B	0.13%	0.18%	0.13%
	GGG	B	0.12%	0.17%	0.12%
	GIS	D	0.29%	0.14%	0.14%
	GLPI	C	0.11%	0.16%	0.11%
	GLW	B	0.29%	0.18%	0.18%
	GPC	D	0.14%	0.14%	0.14%
	GPN	B	0.24%	0.17%	0.17%
	GRMN	B	0.27%	0.19%	0.19%
	GWW	B	0.42%	0.19%	0.19%
	H	B	0.06%	0.17%	0.06%
	HAL	C	0.22%	0.16%	0.16%
	HBAN	A	0.21%	0.21%	0.21%
	HEI	A	0.14%	0.11%	0.11%
	HEI	A	0.1%	0.08%	0.08%
	HEI	A	0.1%	0.11%	0.1%
	HEI	A	0.14%	0.08%	0.08%
	HES	B	0.33%	0.17%	0.17%
	HIG	B	0.28%	0.18%	0.18%
	HII	F	0.06%	0.11%	0.06%
	HLT	A	0.5%	0.19%	0.19%
	HOLX	D	0.15%	0.15%	0.15%
	HOOD	B	0.18%	0.28%	0.18%
	HPE	B	0.23%	0.18%	0.18%
	HPQ	B	0.3%	0.17%	0.17%
	HRL	D	0.07%	0.14%	0.07%
	HSIC	C	0.07%	0.17%	0.07%
	HST	C	0.1%	0.17%	0.1%
	HSY	F	0.21%	0.13%	0.13%
	HUBB	B	0.19%	0.19%	0.19%
	HUBS	A	0.27%	0.22%	0.22%
	HUM	C	0.27%	0.12%	0.12%
	HWM	A	0.37%	0.19%	0.19%
	IDXX	F	0.29%	0.13%	0.13%
	IEX	C	0.14%	0.18%	0.14%
	IFF	D	0.18%	0.14%	0.14%
	ILMN	C	0.18%	0.16%	0.16%
	INCY	C	0.1%	0.17%	0.1%
	INVH	D	0.17%	0.15%	0.15%
	IP	A	0.16%	0.19%	0.16%
	IPG	D	0.08%	0.14%	0.08%
	IQV	F	0.29%	0.12%	0.12%
	IR	B	0.34%	0.18%	0.18%
	IRM	C	0.28%	0.17%	0.17%
	IT	C	0.32%	0.17%	0.17%
	J	D	0.14%	0.14%	0.14%
	JBHT	C	0.12%	0.16%	0.12%
	JBL	C	0.12%	0.19%	0.12%
	JKHY	D	0.1%	0.18%	0.1%
	JNPR	D	0.1%	0.14%	0.1%
	K	A	0.17%	0.16%	0.16%
	KEY	B	0.15%	0.18%	0.15%
	KEYS	A	0.21%	0.17%	0.17%
	KIM	A	0.14%	0.18%	0.14%
	KMI	A	0.44%	0.21%	0.21%
	KMX	B	0.1%	0.15%	0.1%
	KNX	C	0.07%	0.17%	0.07%
	KR	B	0.32%	0.18%	0.18%
	KVUE	A	0.38%	0.17%	0.17%
	L	A	0.12%	0.17%	0.12%
	LDOS	C	0.18%	0.16%	0.16%
	LEN	D	0.33%	0.15%	0.15%
	LEN	D	0.01%	0.15%	0.01%
	LH	B	0.16%	0.16%	0.16%
	LHX	C	0.38%	0.17%	0.17%
	LII	A	0.16%	0.17%	0.16%
	LKQ	F	0.08%	0.14%	0.08%
	LNG	A	0.4%	0.19%	0.19%
	LNT	A	0.13%	0.17%	0.13%
	LPLA	A	0.19%	0.23%	0.19%
	LUV	C	0.16%	0.19%	0.16%
	LVS	B	0.14%	0.19%	0.14%
	LW	C	0.09%	0.19%	0.09%
	LYB	F	0.18%	0.13%	0.13%
	LYV	A	0.17%	0.22%	0.17%
	MAA	B	0.15%	0.16%	0.15%
	MANH	D	0.14%	0.17%	0.14%
	MAS	D	0.14%	0.16%	0.14%
	MCHP	F	0.27%	0.13%	0.13%
	MDB	B	0.16%	0.18%	0.16%
	MGM	D	0.07%	0.15%	0.07%
	MKC	C	0.15%	0.15%	0.15%
	MKL	A	0.18%	0.17%	0.17%
	MKTX	D	0.08%	0.18%	0.08%
	MLM	C	0.29%	0.17%	0.17%
	MOH	F	0.14%	0.13%	0.13%
	MOS	F	0.07%	0.15%	0.07%
	MPWR	F	0.22%	0.1%	0.1%
	MRO	B	0.13%	0.16%	0.13%
	MSCI	C	0.38%	0.17%	0.17%
	MSTR	B	0.44%	0.51%	0.44%
	MTB	A	0.29%	0.21%	0.21%
	MTCH	D	0.07%	0.13%	0.07%
	MTD	F	0.21%	0.13%	0.13%
	NBIX	C	0.1%	0.13%	0.1%
	NDAQ	A	0.27%	0.18%	0.18%
	NDSN	B	0.12%	0.16%	0.12%
	NET	B	0.22%	0.19%	0.19%
	NI	A	0.14%	0.18%	0.14%
	NLY	C	0.08%	0.16%	0.08%
	NRG	B	0.16%	0.18%	0.16%
	NTAP	C	0.2%	0.15%	0.15%
	NTRS	A	0.18%	0.2%	0.18%
	NUE	C	0.29%	0.16%	0.16%
	NVR	D	0.21%	0.16%	0.16%
	NWSA	A	0.09%	0.17%	0.09%
	O	C	0.41%	0.15%	0.15%
	OC	A	0.14%	0.19%	0.14%
	ODFL	C	0.35%	0.17%	0.17%
	OKE	A	0.53%	0.2%	0.2%
	OKTA	C	0.1%	0.12%	0.1%
	OMC	C	0.15%	0.16%	0.15%
	ON	D	0.23%	0.14%	0.14%
	OTIS	C	0.33%	0.17%	0.17%
	OVV	B	0.1%	0.17%	0.1%
	PARA	C	0.05%	0.15%	0.05%
	PAYC	B	0.09%	0.21%	0.09%
	PAYX	B	0.38%	0.18%	0.18%
	PCG	A	0.37%	0.18%	0.18%
	PEG	A	0.37%	0.18%	0.18%
	PFG	D	0.16%	0.17%	0.16%
	PHM	D	0.22%	0.16%	0.16%
	PINS	F	0.14%	0.15%	0.14%
	PKG	A	0.17%	0.19%	0.17%
	PLTR	B	1.09%	0.31%	0.31%
	PNR	A	0.14%	0.2%	0.14%
	PODD	C	0.15%	0.22%	0.15%
	POOL	C	0.11%	0.16%	0.11%
	PPG	F	0.24%	0.15%	0.15%
	PPL	A	0.21%	0.17%	0.17%
	PRU	A	0.38%	0.19%	0.19%
	PSTG	D	0.12%	0.13%	0.12%
	PTC	B	0.19%	0.17%	0.17%
	PWR	A	0.39%	0.2%	0.2%
	QRVO	F	0.05%	0.09%	0.05%
	RBLX	C	0.21%	0.2%	0.2%
	RCL	A	0.45%	0.23%	0.23%
	REG	A	0.11%	0.17%	0.11%
	RF	A	0.2%	0.19%	0.19%
	RIVN	F	0.07%	0.12%	0.07%
	RJF	A	0.25%	0.22%	0.22%
	RMD	C	0.28%	0.17%	0.17%
	ROK	C	0.27%	0.17%	0.17%
	ROKU	D	0.07%	0.19%	0.07%
	ROL	B	0.12%	0.16%	0.12%
	ROST	D	0.38%	0.15%	0.15%
	RPM	A	0.14%	0.18%	0.14%
	RPRX	D	0.08%	0.15%	0.08%
	RS	B	0.15%	0.17%	0.15%
	RVTY	F	0.11%	0.14%	0.11%
	SBAC	D	0.2%	0.16%	0.16%
	SEIC	B	0.07%	0.19%	0.07%
	SJM	D	0.09%	0.15%	0.09%
	SMCI	F	0.08%	0.07%	0.07%
	SNA	A	0.15%	0.2%	0.15%
	SOLV	D	0.08%	0.18%	0.08%
	SPG	A	0.48%	0.18%	0.18%
	SQ	A	0.39%	0.23%	0.23%
	SSNC	B	0.13%	0.16%	0.13%
	STE	D	0.18%	0.14%	0.14%
	STLD	B	0.17%	0.19%	0.17%
	STT	B	0.24%	0.18%	0.18%
	SUI	C	0.13%	0.15%	0.13%
	SW	A	0.22%	0.19%	0.19%
	SWK	D	0.11%	0.14%	0.11%
	SWKS	F	0.11%	0.12%	0.11%
	SYF	B	0.21%	0.22%	0.21%
	SYY	D	0.31%	0.15%	0.15%
	TAP	C	0.09%	0.18%	0.09%
	TDY	B	0.18%	0.18%	0.18%
	TECH	F	0.09%	0.14%	0.09%
	TER	F	0.13%	0.12%	0.12%
	TFX	F	0.08%	0.13%	0.08%
	TOST	B	0.15%	0.28%	0.15%
	TPL	A	0.21%	0.27%	0.21%
	TRGP	A	0.35%	0.23%	0.23%
	TRMB	B	0.14%	0.2%	0.14%
	TROW	B	0.21%	0.17%	0.17%
	TRU	D	0.15%	0.16%	0.15%
	TSCO	D	0.24%	0.16%	0.16%
	TSN	B	0.15%	0.16%	0.15%
	TTC	C	0.07%	0.14%	0.07%
	TTD	B	0.43%	0.18%	0.18%
	TTWO	A	0.25%	0.19%	0.19%
	TW	A	0.12%	0.18%	0.12%
	TWLO	A	0.14%	0.25%	0.14%
	TXT	D	0.13%	0.15%	0.13%
	TYL	B	0.21%	0.16%	0.16%
	UDR	B	0.12%	0.17%	0.12%
	UHAL	D	0.0%	0.14%	0.0%
	UHAL	D	0.05%	0.14%	0.05%
	UHS	D	0.1%	0.14%	0.1%
	ULTA	F	0.14%	0.14%	0.14%
	URI	C	0.46%	0.18%	0.18%
	UTHR	C	0.13%	0.16%	0.13%
	VEEV	C	0.26%	0.17%	0.17%
	VICI	C	0.27%	0.16%	0.16%
	VLTO	C	0.21%	0.15%	0.15%
	VMC	B	0.3%	0.18%	0.18%
	VRSK	A	0.33%	0.16%	0.16%
	VRSN	C	0.13%	0.16%	0.13%
	VRT	B	0.36%	0.29%	0.29%
	VST	A	0.4%	0.31%	0.31%
	VTR	B	0.21%	0.17%	0.17%
	VTRS	A	0.13%	0.18%	0.13%
	WAB	B	0.28%	0.19%	0.19%
	WAT	C	0.17%	0.16%	0.16%
	WBA	F	0.05%	0.12%	0.05%
	WBD	B	0.18%	0.19%	0.18%
	WDC	D	0.17%	0.16%	0.16%
	WEC	A	0.26%	0.17%	0.17%
	WLK	D	0.03%	0.14%	0.03%
	WMB	A	0.57%	0.21%	0.21%
	WPC	C	0.1%	0.15%	0.1%
	WRB	A	0.15%	0.17%	0.15%
	WSM	C	0.14%	0.16%	0.14%
	WSO	A	0.15%	0.18%	0.15%
	WST	C	0.19%	0.16%	0.16%
	WTRG	B	0.08%	0.16%	0.08%
	WTW	B	0.26%	0.17%	0.17%
	WY	F	0.19%	0.16%	0.16%
	WYNN	C	0.08%	0.19%	0.08%
	XEL	A	0.32%	0.18%	0.18%
	XYL	D	0.24%	0.14%	0.14%
	YUM	D	0.31%	0.15%	0.15%
	Z	A	0.1%	0.22%	0.1%
	ZBH	C	0.19%	0.16%	0.16%
	ZBRA	B	0.16%	0.18%	0.16%
	ZM	C	0.18%	0.21%	0.18%
	ZS	B	0.15%	0.16%	0.15%

IWR Overweight 416 Positions Relative to EUSA

	Symbol	Grade	Weight
	UAL	A	0.25%
	CPNG	D	0.23%
	CVNA	B	0.21%
	IBKR	A	0.16%
	NTRA	A	0.14%
	XPO	B	0.14%
	NTNX	B	0.14%
	RGA	A	0.13%
	TOL	B	0.13%
	FIX	A	0.13%
	GWRE	A	0.13%
	SOFI	B	0.12%
	EWBC	A	0.12%
	USFD	A	0.12%
	THC	D	0.12%
	CASY	A	0.12%
	PFGC	B	0.11%
	JEF	A	0.11%
	AFRM	A	0.11%
	TPR	B	0.11%
	TXRH	B	0.11%
	RNR	C	0.11%
	CW	C	0.11%
	SAIA	B	0.11%
	BJ	A	0.1%
	BWXT	B	0.1%
	UNM	A	0.1%
	NVT	B	0.1%
	SCI	B	0.1%
	FTI	A	0.1%
	JLL	D	0.1%
	ITT	A	0.1%
	COHR	B	0.1%
	CLH	C	0.1%
	WBS	A	0.09%
	PRI	B	0.09%
	CACI	D	0.09%
	PNW	A	0.09%
	GNRC	C	0.09%
	CAVA	B	0.09%
	EVR	B	0.09%
	FND	D	0.09%
	CUBE	C	0.09%
	LAMR	C	0.09%
	BLD	D	0.09%
	ATR	B	0.09%
	TTEK	F	0.09%
	AA	A	0.09%
	FHN	A	0.09%
	RRX	B	0.09%
	DUOL	A	0.09%
	NCLH	B	0.09%
	LECO	C	0.09%
	OWL	A	0.09%
	SF	B	0.09%
	AAON	B	0.08%
	TPX	B	0.08%
	GMED	A	0.08%
	DCI	B	0.08%
	WMS	F	0.08%
	RGLD	C	0.08%
	INGR	C	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%
	AAL	B	0.08%
	DOX	D	0.08%
	CIEN	C	0.08%
	PR	B	0.08%
	GL	C	0.08%
	HLI	A	0.08%
	WAL	B	0.08%
	CHDN	B	0.08%
	LBRDK	C	0.08%
	ARMK	B	0.08%
	EHC	B	0.08%
	MUSA	B	0.08%
	DTM	A	0.08%
	OHI	C	0.08%
	EXEL	B	0.08%
	GME	C	0.08%
	EXP	B	0.08%
	AYI	B	0.08%
	LAD	A	0.08%
	ALSN	B	0.08%
	WWD	C	0.08%
	KNSL	B	0.08%
	MEDP	D	0.07%
	RRC	B	0.07%
	X	B	0.07%
	CZR	F	0.07%
	SKX	D	0.07%
	SNV	C	0.07%
	APG	B	0.07%
	CNM	D	0.07%
	CFR	B	0.07%
	VOYA	B	0.07%
	PLNT	A	0.07%
	CHE	D	0.07%
	EGP	D	0.07%
	HRB	D	0.07%
	RL	C	0.07%
	GPK	C	0.07%
	LNW	F	0.07%
	NYT	D	0.07%
	MTZ	B	0.07%
	CR	A	0.07%
	GLOB	B	0.07%
	WTFC	A	0.07%
	CBSH	B	0.07%
	ZION	B	0.07%
	OGE	A	0.07%
	ITCI	C	0.07%
	FYBR	C	0.07%
	HAS	D	0.07%
	BILL	A	0.07%
	CMA	B	0.07%
	BRX	A	0.07%
	SNX	D	0.07%
	PCTY	C	0.07%
	PEN	B	0.07%
	AR	B	0.07%
	AXTA	B	0.07%
	WCC	B	0.07%
	RBC	A	0.07%
	MORN	B	0.07%
	REXR	F	0.07%
	AWI	A	0.06%
	MTN	C	0.06%
	CFLT	B	0.06%
	SN	D	0.06%
	LSCC	D	0.06%
	AXS	A	0.06%
	MTDR	B	0.06%
	VMI	B	0.06%
	FMC	D	0.06%
	DAR	C	0.06%
	ALK	B	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	D	0.06%
	ATI	C	0.06%
	FRPT	A	0.06%
	RGEN	D	0.06%
	GNTX	C	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	C	0.06%
	COKE	C	0.06%
	CART	C	0.06%
	RLI	A	0.06%
	RYAN	A	0.06%
	WEX	D	0.06%
	PCOR	B	0.06%
	PB	B	0.06%
	TREX	C	0.06%
	MHK	D	0.06%
	WH	B	0.06%
	KEX	B	0.06%
	SMAR	B	0.06%
	RHI	C	0.06%
	JAZZ	B	0.06%
	ADC	A	0.06%
	SSD	F	0.06%
	OLED	F	0.06%
	NNN	C	0.06%
	BERY	C	0.06%
	ONTO	F	0.06%
	FLS	B	0.06%
	KBR	F	0.06%
	BWA	D	0.06%
	G	B	0.06%
	LITE	B	0.05%
	RITM	C	0.05%
	VVV	D	0.05%
	PATH	C	0.05%
	NFG	A	0.05%
	THO	B	0.05%
	OLLI	D	0.05%
	BRKR	D	0.05%
	PVH	C	0.05%
	JHG	B	0.05%
	ETSY	D	0.05%
	CROX	D	0.05%
	AGCO	D	0.05%
	THG	A	0.05%
	VNT	C	0.05%
	AMG	B	0.05%
	LFUS	D	0.05%
	FNB	A	0.05%
	WFRD	D	0.05%
	IDA	A	0.05%
	WHR	B	0.05%
	LAZ	B	0.05%
	FOUR	A	0.05%
	BFAM	D	0.05%
	DOCS	C	0.05%
	STWD	C	0.05%
	ARW	D	0.05%
	COLD	D	0.05%
	SITE	F	0.05%
	OMF	A	0.05%
	ESI	B	0.05%
	SIRI	C	0.05%
	SAIC	F	0.05%
	MAT	D	0.05%
	NOV	C	0.05%
	MSA	F	0.05%
	KD	B	0.05%
	WSC	F	0.05%
	MTG	C	0.05%
	IVZ	B	0.05%
	COLB	B	0.05%
	LSTR	D	0.05%
	ELF	C	0.05%
	DBX	B	0.05%
	FAF	A	0.05%
	STAG	D	0.05%
	LYFT	C	0.05%
	AZEK	A	0.05%
	HR	B	0.05%
	M	F	0.04%
	GAP	C	0.04%
	KMPR	A	0.04%
	RYN	D	0.04%
	EEFT	B	0.04%
	PSN	D	0.04%
	SLGN	A	0.04%
	KRC	B	0.04%
	SEE	C	0.04%
	CUZ	B	0.04%
	LOPE	C	0.04%
	RH	C	0.04%
	AGO	B	0.04%
	FIVE	F	0.04%
	ST	F	0.04%
	HCP	B	0.04%
	ROIV	C	0.04%
	AVT	C	0.04%
	WTM	A	0.04%
	HXL	F	0.04%
	OLN	F	0.04%
	TKR	D	0.04%
	SON	F	0.04%
	BYD	B	0.04%
	NXST	C	0.04%
	INSP	D	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	C	0.04%
	VKTX	F	0.04%
	APPF	B	0.04%
	POST	C	0.04%
	SLM	A	0.04%
	LNC	C	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	LEA	F	0.04%
	IONS	F	0.04%
	TPG	A	0.04%
	CRUS	D	0.04%
	BC	C	0.04%
	WEN	D	0.03%
	AMTM	D	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	C	0.03%
	IRDM	D	0.03%
	EPR	C	0.03%
	ZG	A	0.03%
	HIW	C	0.03%
	PII	F	0.03%
	ACHC	F	0.03%
	FHB	B	0.03%
	IAC	F	0.03%
	NVST	B	0.03%
	SPR	D	0.03%
	W	D	0.03%
	TNL	A	0.03%
	NWS	A	0.03%
	NWL	C	0.03%
	PRGO	C	0.03%
	DNB	B	0.03%
	XRAY	F	0.03%
	MDU	D	0.03%
	NEU	D	0.03%
	DXC	B	0.03%
	MSM	C	0.03%
	ASH	F	0.03%
	PEGA	B	0.03%
	OGN	F	0.03%
	LINE	F	0.03%
	HOG	D	0.03%
	FLO	D	0.03%
	RARE	F	0.03%
	CHH	A	0.03%
	GFS	C	0.03%
	MSGS	A	0.03%
	GTES	A	0.03%
	AN	C	0.03%
	DLB	B	0.03%
	VSTS	C	0.02%
	CRI	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%
	PPC	C	0.02%
	ADT	C	0.02%
	AZTA	D	0.02%
	RCM	A	0.02%
	AAP	D	0.02%
	HAYW	B	0.02%
	CWEN	C	0.02%
	JWN	D	0.02%
	PINC	B	0.02%
	ALGM	D	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	D	0.02%
	DV	C	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	COLM	C	0.02%
	VIRT	A	0.02%
	CC	C	0.02%
	AMKR	D	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	C	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	B	0.01%
	DDS	B	0.01%
	LLYVA	A	0.01%
	UI	B	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	F	0.01%
	CAR	C	0.01%
	FTRE	D	0.01%
	FWONA	A	0.01%
	UA	C	0.01%
	CLVT	D	0.01%
	BIRK	D	0.01%
	CNXC	F	0.01%
	PARAA	B	0.0%
	SEG	B	0.0%
	GRAL	B	0.0%
	NFE	D	0.0%

IWR Underweight 206 Positions Relative to EUSA

	Symbol	Grade	Weight
	GEV	B	-0.29%
	APO	B	-0.26%
	TSLA	B	-0.25%
	TEAM	A	-0.25%
	BX	A	-0.22%
	DASH	B	-0.22%
	FI	A	-0.22%
	WFC	A	-0.21%
	BKNG	A	-0.21%
	CRWD	B	-0.21%
	MS	A	-0.21%
	ORCL	A	-0.21%
	CRM	B	-0.2%
	DIS	B	-0.2%
	V	A	-0.2%
	MET	A	-0.2%
	NFLX	A	-0.2%
	EMR	B	-0.2%
	FLUT	A	-0.2%
	IOT	A	-0.2%
	KKR	A	-0.2%
	COF	C	-0.2%
	MRVL	B	-0.2%
	WELL	A	-0.19%
	PH	A	-0.19%
	BLK	B	-0.19%
	PNC	B	-0.19%
	JCI	B	-0.19%
	TRV	B	-0.19%
	TT	A	-0.19%
	PYPL	B	-0.19%
	BMY	B	-0.19%
	GS	A	-0.19%
	FTNT	C	-0.19%
	APD	A	-0.19%
	GM	C	-0.19%
	BAC	A	-0.19%
	ADSK	A	-0.19%
	NOW	A	-0.19%
	MA	B	-0.19%
	ETN	A	-0.19%
	DELL	B	-0.19%
	CEG	C	-0.19%
	MAR	A	-0.19%
	SCHW	B	-0.19%
	ISRG	A	-0.18%
	ABNB	C	-0.18%
	CAT	B	-0.18%
	CMG	B	-0.18%
	ADP	A	-0.18%
	AON	A	-0.18%
	SYK	B	-0.18%
	MCK	A	-0.18%
	CSCO	B	-0.18%
	JPM	A	-0.18%
	HON	C	-0.18%
	C	A	-0.18%
	AXP	A	-0.18%
	MSI	B	-0.18%
	AMZN	C	-0.18%
	WMT	A	-0.18%
	MNST	C	-0.18%
	NVDA	B	-0.18%
	SRE	A	-0.18%
	INTC	C	-0.18%
	BSX	A	-0.18%
	LULU	C	-0.18%
	PCAR	B	-0.18%
	GILD	C	-0.18%
	USB	A	-0.18%
	T	A	-0.18%
	TMUS	B	-0.18%
	CRH	A	-0.18%
	CB	C	-0.17%
	F	C	-0.17%
	PANW	B	-0.17%
	TJX	A	-0.17%
	GE	D	-0.17%
	CMCSA	B	-0.17%
	CDNS	B	-0.17%
	EOG	A	-0.17%
	SBUX	A	-0.17%
	ORLY	B	-0.17%
	AIG	B	-0.17%
	APH	A	-0.17%
	META	D	-0.17%
	COST	A	-0.17%
	DE	B	-0.17%
	PGR	A	-0.17%
	ANET	C	-0.17%
	IBM	C	-0.17%
	NSC	B	-0.17%
	LOW	C	-0.17%
	CPRT	B	-0.17%
	CARR	C	-0.17%
	TGT	F	-0.17%
	CVX	A	-0.17%
	CME	B	-0.17%
	ITW	B	-0.17%
	HD	B	-0.17%
	EQIX	A	-0.17%
	PM	B	-0.17%
	MO	A	-0.17%
	CTAS	B	-0.17%
	SNAP	D	-0.17%
	WDAY	B	-0.17%
	BRK.A	B	-0.17%
	TFC	A	-0.17%
	STZ	D	-0.16%
	MDT	D	-0.16%
	ROP	B	-0.16%
	SNOW	B	-0.16%
	AAPL	C	-0.16%
	PSX	C	-0.16%
	UNH	B	-0.16%
	AEP	C	-0.16%
	ICE	C	-0.16%
	AVGO	D	-0.16%
	DUK	C	-0.16%
	PG	C	-0.16%
	MCD	D	-0.16%
	MMC	B	-0.16%
	ECL	D	-0.16%
	COP	C	-0.16%
	MMM	D	-0.16%
	SPGI	C	-0.16%
	EW	C	-0.16%
	PSA	C	-0.16%
	VLO	C	-0.16%
	RTX	D	-0.16%
	FDX	B	-0.16%
	WCN	A	-0.16%
	D	C	-0.16%
	FCX	F	-0.16%
	XOM	B	-0.16%
	SO	C	-0.16%
	VZ	C	-0.16%
	CSX	C	-0.16%
	RSG	A	-0.16%
	UPS	C	-0.16%
	WM	B	-0.16%
	SHW	B	-0.16%
	ABT	B	-0.16%
	ACN	B	-0.16%
	VRTX	D	-0.15%
	PLD	F	-0.15%
	MPC	D	-0.15%
	ADI	D	-0.15%
	UNP	C	-0.15%
	CVS	D	-0.15%
	CI	D	-0.15%
	KMB	C	-0.15%
	UBER	F	-0.15%
	BDX	F	-0.15%
	GD	D	-0.15%
	ZTS	D	-0.15%
	STX	C	-0.15%
	QCOM	F	-0.15%
	JNJ	C	-0.15%
	AZO	C	-0.15%
	LMT	D	-0.15%
	SNPS	B	-0.15%
	MELI	C	-0.15%
	INTU	B	-0.15%
	NOC	D	-0.15%
	TDG	D	-0.15%
	LIN	C	-0.15%
	TEL	B	-0.15%
	NEE	C	-0.15%
	TXN	C	-0.15%
	MCO	B	-0.15%
	MSFT	D	-0.15%
	SLB	C	-0.15%
	KHC	F	-0.14%
	PFE	F	-0.14%
	NXPI	D	-0.14%
	NKE	F	-0.14%
	PEP	F	-0.14%
	KDP	F	-0.14%
	ADBE	C	-0.14%
	AMD	F	-0.14%
	OXY	D	-0.14%
	ERIE	D	-0.14%
	HCA	F	-0.14%
	KO	D	-0.14%
	MDLZ	F	-0.14%
	AMT	C	-0.14%
	MU	D	-0.14%
	CL	D	-0.14%
	AMAT	F	-0.13%
	TMO	F	-0.13%
	MRK	D	-0.13%
	NEM	D	-0.13%
	BA	F	-0.13%
	DHR	F	-0.13%
	AMGN	F	-0.13%
	ABBV	F	-0.13%
	KLAC	F	-0.12%
	LLY	F	-0.12%
	LRCX	F	-0.12%
	EL	F	-0.11%
	ELV	F	-0.11%
	REGN	F	-0.1%
	GOOGL	C	-0.09%
	GOOG	C	-0.08%
	MRNA	F	-0.07%

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

EUSA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Telecommunications Aerospace Real Estate Investment Trust Medicine Bank Semiconductor Cloud Computing Banking Mining IBD 50 Insurance Products