IWR vs. FLDZ ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to RiverNorth Volition America Patriot ETF (FLDZ)

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

$94.53

Average Daily Volume

1,461,787

Number of Holdings ^*

803

* may have additional holdings in another (foreign) market

FLDZ

RiverNorth Volition America Patriot ETF

FLDZ Description

RiverNorth Volition America Patriot ETF is an exchange traded fund launched by Listed Funds Trust. The fund is co-managed by RiverNorth Capital Management, LLC, TrueMark Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. RiverNorth Volition America Patriot ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.87

Average Daily Volume

34

Number of Holdings ^*

301

* may have additional holdings in another (foreign) market

Performance

Period	IWR	FLDZ
30 Days	6.87%	6.86%
60 Days	7.84%	6.75%
90 Days	9.96%	9.10%
12 Months	34.02%	32.16%

226 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in FLDZ	Overlap
	AAON	B	0.08%	0.52%	0.08%
	ACI	C	0.07%	0.33%	0.07%
	ADC	B	0.06%	0.23%	0.06%
	AEE	A	0.2%	0.34%	0.2%
	AFG	A	0.08%	0.2%	0.08%
	AFRM	B	0.11%	0.3%	0.11%
	AGNC	D	0.06%	0.18%	0.06%
	AGR	B	0.02%	0.35%	0.02%
	ALL	A	0.43%	0.2%	0.2%
	ALLY	C	0.08%	0.2%	0.08%
	AM	A	0.04%	0.36%	0.04%
	AMH	D	0.1%	0.19%	0.1%
	AMP	A	0.46%	0.19%	0.19%
	AN	C	0.03%	0.35%	0.03%
	APPF	B	0.04%	0.16%	0.04%
	AR	B	0.07%	0.41%	0.07%
	ARE	D	0.15%	0.19%	0.15%
	ARES	A	0.25%	0.24%	0.24%
	ATO	A	0.18%	0.39%	0.18%
	AVB	B	0.27%	0.24%	0.24%
	AWK	D	0.22%	0.32%	0.22%
	AZEK	A	0.05%	0.38%	0.05%
	BAH	F	0.16%	0.37%	0.16%
	BILL	A	0.07%	0.54%	0.07%
	BJ	A	0.1%	0.38%	0.1%
	BLDR	D	0.17%	0.34%	0.17%
	BOKF	B	0.02%	0.24%	0.02%
	BRX	A	0.07%	0.23%	0.07%
	BURL	A	0.14%	0.37%	0.14%
	BXP	D	0.1%	0.22%	0.1%
	BYD	C	0.04%	0.4%	0.04%
	CACC	D	0.02%	0.14%	0.02%
	CACI	D	0.09%	0.34%	0.09%
	CAH	B	0.24%	0.38%	0.24%
	CASY	A	0.12%	0.42%	0.12%
	CBOE	B	0.17%	0.2%	0.17%
	CBSH	A	0.07%	0.3%	0.07%
	CCI	D	0.37%	0.21%	0.21%
	CELH	F	0.04%	0.29%	0.04%
	CFG	B	0.17%	0.26%	0.17%
	CFR	B	0.07%	0.29%	0.07%
	CHDN	B	0.08%	0.34%	0.08%
	CHE	D	0.07%	0.39%	0.07%
	CHRD	D	0.07%	0.36%	0.07%
	CHTR	C	0.3%	0.4%	0.3%
	CINF	A	0.19%	0.26%	0.19%
	CIVI	D	0.04%	0.31%	0.04%
	CMA	A	0.07%	0.24%	0.07%
	CMS	C	0.17%	0.33%	0.17%
	CNC	D	0.25%	0.28%	0.25%
	CNM	D	0.07%	0.37%	0.07%
	CNP	B	0.16%	0.32%	0.16%
	COKE	C	0.06%	0.39%	0.06%
	COLB	A	0.05%	0.2%	0.05%
	CPB	D	0.07%	0.31%	0.07%
	CPT	B	0.1%	0.24%	0.1%
	CTRA	B	0.16%	0.4%	0.16%
	CUBE	D	0.09%	0.18%	0.09%
	CVNA	B	0.21%	0.67%	0.21%
	CZR	F	0.07%	0.32%	0.07%
	DFS	B	0.36%	0.24%	0.24%
	DG	F	0.14%	0.33%	0.14%
	DGX	A	0.15%	0.38%	0.15%
	DHI	D	0.39%	0.33%	0.33%
	DKNG	B	0.15%	0.36%	0.15%
	DKS	C	0.09%	0.34%	0.09%
	DOC	D	0.12%	0.19%	0.12%
	DRI	B	0.16%	0.4%	0.16%
	DTE	C	0.2%	0.33%	0.2%
	DTM	B	0.08%	0.48%	0.08%
	DVN	F	0.2%	0.35%	0.2%
	ED	D	0.28%	0.3%	0.28%
	EGP	F	0.07%	0.18%	0.07%
	EIX	B	0.26%	0.31%	0.26%
	ELS	C	0.11%	0.2%	0.11%
	EME	C	0.19%	0.52%	0.19%
	EQH	B	0.12%	0.26%	0.12%
	EQR	B	0.23%	0.22%	0.22%
	EQT	B	0.21%	0.46%	0.21%
	ES	D	0.18%	0.31%	0.18%
	ESS	B	0.16%	0.21%	0.16%
	ETR	B	0.26%	0.39%	0.26%
	EVRG	A	0.12%	0.38%	0.12%
	EWBC	A	0.12%	0.29%	0.12%
	EXC	C	0.32%	0.34%	0.32%
	EXP	A	0.08%	0.39%	0.08%
	EXR	D	0.28%	0.21%	0.21%
	FANG	D	0.27%	0.38%	0.27%
	FCNCA	A	0.22%	0.21%	0.21%
	FE	C	0.2%	0.32%	0.2%
	FHN	A	0.09%	0.26%	0.09%
	FITB	A	0.26%	0.26%	0.26%
	FIX	A	0.13%	0.45%	0.13%
	FNB	A	0.05%	0.18%	0.05%
	FND	C	0.09%	0.34%	0.09%
	FNF	B	0.13%	0.23%	0.13%
	FOXA	B	0.09%	0.46%	0.09%
	FR	C	0.06%	0.22%	0.06%
	FRT	B	0.08%	0.24%	0.08%
	FSLR	F	0.17%	0.31%	0.17%
	FYBR	D	0.07%	0.35%	0.07%
	GL	B	0.08%	0.26%	0.08%
	GLPI	C	0.11%	0.22%	0.11%
	HBAN	A	0.21%	0.25%	0.21%
	HIG	B	0.28%	0.24%	0.24%
	HII	D	0.06%	0.27%	0.06%
	HOOD	B	0.18%	0.29%	0.18%
	HRL	D	0.07%	0.32%	0.07%
	HST	C	0.1%	0.17%	0.1%
	HUM	C	0.27%	0.29%	0.27%
	IDA	A	0.05%	0.32%	0.05%
	INCY	C	0.1%	0.42%	0.1%
	INSP	D	0.04%	0.3%	0.04%
	INVH	D	0.17%	0.19%	0.17%
	IONS	F	0.04%	0.29%	0.04%
	ITCI	C	0.07%	0.41%	0.07%
	JBHT	C	0.12%	0.38%	0.12%
	JKHY	D	0.1%	0.18%	0.1%
	KEX	C	0.06%	0.36%	0.06%
	KEY	B	0.15%	0.24%	0.15%
	KIM	A	0.14%	0.21%	0.14%
	KMI	A	0.44%	0.45%	0.44%
	KMX	B	0.1%	0.38%	0.1%
	KNSL	B	0.08%	0.16%	0.08%
	KNX	B	0.07%	0.39%	0.07%
	KR	B	0.32%	0.39%	0.32%
	L	A	0.12%	0.22%	0.12%
	LAMR	D	0.09%	0.22%	0.09%
	LBRDK	C	0.08%	0.52%	0.08%
	LCID	F	0.02%	0.19%	0.02%
	LEN	D	0.01%	0.35%	0.01%
	LEN	D	0.33%	0.35%	0.33%
	LNT	A	0.13%	0.37%	0.13%
	LPLA	A	0.19%	0.33%	0.19%
	LSTR	D	0.05%	0.39%	0.05%
	LUV	C	0.16%	0.38%	0.16%
	MAA	B	0.15%	0.22%	0.15%
	MDU	D	0.03%	0.21%	0.03%
	MKL	A	0.18%	0.21%	0.18%
	MLM	B	0.29%	0.41%	0.29%
	MOH	F	0.14%	0.32%	0.14%
	MRO	B	0.13%	0.35%	0.13%
	MTB	A	0.29%	0.22%	0.22%
	MTDR	B	0.06%	0.43%	0.06%
	MTZ	B	0.07%	0.44%	0.07%
	MUSA	A	0.08%	0.35%	0.08%
	NBIX	C	0.1%	0.38%	0.1%
	NFG	A	0.05%	0.33%	0.05%
	NI	A	0.14%	0.36%	0.14%
	NNN	D	0.06%	0.19%	0.06%
	NRG	B	0.16%	0.37%	0.16%
	NTRA	B	0.14%	0.45%	0.14%
	NVR	D	0.21%	0.45%	0.21%
	NXST	C	0.04%	0.29%	0.04%
	NYT	C	0.07%	0.37%	0.07%
	ODFL	B	0.35%	0.4%	0.35%
	OGE	B	0.07%	0.37%	0.07%
	OKE	A	0.53%	0.44%	0.44%
	OLLI	D	0.05%	0.32%	0.05%
	OMF	A	0.05%	0.2%	0.05%
	ORI	A	0.08%	0.24%	0.08%
	OWL	A	0.09%	0.28%	0.09%
	PAYC	B	0.09%	0.46%	0.09%
	PAYX	C	0.38%	0.43%	0.38%
	PB	A	0.06%	0.23%	0.06%
	PCG	A	0.37%	0.38%	0.37%
	PCTY	B	0.07%	0.43%	0.07%
	PEG	A	0.37%	0.39%	0.37%
	PFGC	B	0.11%	0.41%	0.11%
	PHM	D	0.22%	0.35%	0.22%
	PLNT	A	0.07%	0.43%	0.07%
	PNFP	B	0.08%	0.3%	0.08%
	PNW	B	0.09%	0.34%	0.09%
	PPL	B	0.21%	0.35%	0.21%
	PR	B	0.08%	0.4%	0.08%
	RCM	F	0.02%	0.37%	0.02%
	REG	B	0.11%	0.21%	0.11%
	REXR	F	0.07%	0.17%	0.07%
	REYN	D	0.01%	0.3%	0.01%
	RF	A	0.2%	0.25%	0.2%
	RIVN	F	0.07%	0.27%	0.07%
	RLI	B	0.06%	0.24%	0.06%
	ROKU	D	0.07%	0.37%	0.07%
	ROST	C	0.38%	0.34%	0.34%
	RRC	B	0.07%	0.41%	0.07%
	SAIA	B	0.11%	0.37%	0.11%
	SAIC	F	0.05%	0.34%	0.05%
	SIRI	C	0.05%	0.42%	0.05%
	SITE	D	0.05%	0.36%	0.05%
	SNV	B	0.07%	0.21%	0.07%
	SOFI	A	0.12%	0.38%	0.12%
	SPG	B	0.48%	0.25%	0.25%
	SRPT	D	0.08%	0.31%	0.08%
	STAG	F	0.05%	0.2%	0.05%
	SYF	B	0.21%	0.31%	0.21%
	THC	D	0.12%	0.39%	0.12%
	THG	A	0.05%	0.16%	0.05%
	TOL	B	0.13%	0.36%	0.13%
	TOST	B	0.15%	0.56%	0.15%
	TPL	A	0.21%	0.23%	0.21%
	TREX	C	0.06%	0.38%	0.06%
	TRGP	B	0.35%	0.51%	0.35%
	TROW	B	0.21%	0.2%	0.2%
	TSCO	D	0.24%	0.38%	0.24%
	TTD	B	0.43%	0.44%	0.43%
	TXRH	C	0.11%	0.41%	0.11%
	UDR	B	0.12%	0.22%	0.12%
	ULTA	F	0.14%	0.4%	0.14%
	USFD	A	0.12%	0.41%	0.12%
	VICI	C	0.27%	0.23%	0.23%
	VMC	B	0.3%	0.39%	0.3%
	VNO	B	0.06%	0.22%	0.06%
	VOYA	B	0.07%	0.2%	0.07%
	VST	B	0.4%	0.51%	0.4%
	VVV	F	0.05%	0.28%	0.05%
	WAL	B	0.08%	0.22%	0.08%
	WBS	A	0.09%	0.28%	0.09%
	WEC	A	0.26%	0.36%	0.26%
	WING	D	0.08%	0.33%	0.08%
	WMB	A	0.57%	0.43%	0.43%
	WSM	B	0.14%	0.33%	0.14%
	WTFC	A	0.07%	0.27%	0.07%
	WTRG	B	0.08%	0.32%	0.08%
	XEL	A	0.32%	0.36%	0.32%
	Z	A	0.1%	0.43%	0.1%
	ZION	B	0.07%	0.31%	0.07%

IWR Overweight 577 Positions Relative to FLDZ

	Symbol	Grade	Weight
	PLTR	B	1.09%
	APP	B	0.63%
	AJG	B	0.52%
	AFL	B	0.51%
	COIN	C	0.5%
	HLT	A	0.5%
	BK	A	0.48%
	DLR	B	0.48%
	URI	B	0.46%
	RCL	A	0.45%
	MSTR	C	0.44%
	FICO	B	0.44%
	GWW	B	0.42%
	O	D	0.41%
	CMI	A	0.41%
	FIS	C	0.41%
	LNG	B	0.4%
	FAST	B	0.39%
	SQ	B	0.39%
	PWR	A	0.39%
	MSCI	C	0.38%
	KVUE	A	0.38%
	PRU	A	0.38%
	LHX	C	0.38%
	AME	A	0.37%
	HWM	A	0.37%
	EA	A	0.36%
	VRT	B	0.36%
	BKR	B	0.35%
	AXON	A	0.35%
	DAL	C	0.34%
	IR	B	0.34%
	CBRE	B	0.33%
	COR	B	0.33%
	VRSK	A	0.33%
	OTIS	C	0.33%
	FERG	B	0.33%
	HES	B	0.33%
	CTSH	B	0.32%
	CTVA	C	0.32%
	IT	C	0.32%
	GEHC	F	0.31%
	A	D	0.31%
	SYY	B	0.31%
	YUM	B	0.31%
	DDOG	A	0.31%
	HPQ	B	0.3%
	ACGL	D	0.3%
	IDXX	F	0.29%
	IQV	D	0.29%
	NUE	C	0.29%
	GIS	D	0.29%
	GLW	B	0.29%
	IRM	D	0.28%
	WAB	B	0.28%
	RMD	C	0.28%
	DD	D	0.28%
	GRMN	B	0.27%
	NDAQ	A	0.27%
	ROK	B	0.27%
	HUBS	A	0.27%
	MCHP	D	0.27%
	DOW	F	0.26%
	EBAY	D	0.26%
	VEEV	C	0.26%
	WTW	B	0.26%
	UAL	A	0.25%
	DXCM	D	0.25%
	RJF	A	0.25%
	EFX	F	0.25%
	TTWO	A	0.25%
	PPG	F	0.24%
	STT	A	0.24%
	CSGP	D	0.24%
	ANSS	B	0.24%
	XYL	D	0.24%
	GPN	B	0.24%
	ALNY	D	0.24%
	HPE	B	0.23%
	DOV	A	0.23%
	ON	D	0.23%
	CPNG	D	0.23%
	HAL	C	0.22%
	BRO	B	0.22%
	FTV	C	0.22%
	CHD	B	0.22%
	SW	A	0.22%
	DECK	A	0.22%
	BR	A	0.22%
	NET	B	0.22%
	MPWR	F	0.22%
	MTD	D	0.21%
	HSY	F	0.21%
	TYL	B	0.21%
	VLTO	D	0.21%
	ADM	D	0.21%
	VTR	C	0.21%
	GDDY	A	0.21%
	RBLX	C	0.21%
	KEYS	A	0.21%
	SBAC	D	0.2%
	CDW	F	0.2%
	NTAP	C	0.2%
	CCL	B	0.2%
	CPAY	A	0.2%
	PTC	A	0.19%
	WY	D	0.19%
	WST	C	0.19%
	EXPE	B	0.19%
	ZBH	C	0.19%
	BIIB	F	0.19%
	HUBB	B	0.19%
	ZM	B	0.18%
	NTRS	A	0.18%
	LYB	F	0.18%
	ILMN	D	0.18%
	EXE	B	0.18%
	STE	F	0.18%
	LDOS	C	0.18%
	TDY	B	0.18%
	IFF	D	0.18%
	WBD	C	0.18%
	LYV	A	0.17%
	WDC	D	0.17%
	CSL	C	0.17%
	STLD	B	0.17%
	CLX	B	0.17%
	PKG	A	0.17%
	WAT	B	0.17%
	K	A	0.17%
	IBKR	A	0.16%
	COO	D	0.16%
	LII	A	0.16%
	ZBRA	B	0.16%
	MDB	C	0.16%
	LH	C	0.16%
	PFG	D	0.16%
	BBY	D	0.16%
	IP	B	0.16%
	RS	B	0.15%
	WRB	A	0.15%
	HOLX	D	0.15%
	WSO	A	0.15%
	TSN	B	0.15%
	PODD	C	0.15%
	FDS	B	0.15%
	SNA	A	0.15%
	ZS	C	0.15%
	TRU	D	0.15%
	MKC	D	0.15%
	BALL	D	0.15%
	OMC	C	0.15%
	TWLO	A	0.14%
	XPO	B	0.14%
	MANH	D	0.14%
	OC	A	0.14%
	ALGN	D	0.14%
	FWONK	B	0.14%
	NTNX	A	0.14%
	LVS	C	0.14%
	EXPD	D	0.14%
	PINS	D	0.14%
	HEI	B	0.14%
	GPC	D	0.14%
	TRMB	B	0.14%
	RPM	A	0.14%
	IEX	B	0.14%
	MAS	D	0.14%
	J	F	0.14%
	PNR	A	0.14%
	VTRS	A	0.13%
	RGA	A	0.13%
	VRSN	F	0.13%
	DT	C	0.13%
	SUI	D	0.13%
	GWRE	A	0.13%
	SSNC	B	0.13%
	AVY	D	0.13%
	UTHR	C	0.13%
	CF	B	0.13%
	TXT	D	0.13%
	EG	C	0.13%
	TER	D	0.13%
	DOCU	A	0.13%
	GEN	B	0.13%
	BAX	D	0.13%
	ROL	B	0.12%
	AVTR	F	0.12%
	JBL	B	0.12%
	APTV	D	0.12%
	NDSN	B	0.12%
	ACM	A	0.12%
	AMCR	D	0.12%
	ENTG	D	0.12%
	PSTG	D	0.12%
	DPZ	C	0.12%
	TW	A	0.12%
	GGG	B	0.12%
	CHRW	C	0.11%
	JEF	A	0.11%
	DLTR	F	0.11%
	EPAM	C	0.11%
	SWK	D	0.11%
	TPR	B	0.11%
	AKAM	D	0.11%
	RNR	C	0.11%
	SWKS	F	0.11%
	POOL	C	0.11%
	RVTY	F	0.11%
	CW	B	0.11%
	FFIV	B	0.11%
	BWXT	B	0.1%
	OVV	B	0.1%
	UHS	D	0.1%
	UNM	A	0.1%
	OKTA	C	0.1%
	EMN	D	0.1%
	JNPR	F	0.1%
	HEI	B	0.1%
	NVT	B	0.1%
	BMRN	D	0.1%
	SCI	B	0.1%
	FTI	A	0.1%
	WPC	D	0.1%
	ALB	C	0.1%
	ALLE	D	0.1%
	JLL	D	0.1%
	ITT	A	0.1%
	COHR	B	0.1%
	CLH	B	0.1%
	CAG	D	0.1%
	BG	F	0.1%
	PRI	A	0.09%
	TECH	D	0.09%
	CCK	C	0.09%
	GNRC	B	0.09%
	CTLT	B	0.09%
	CAVA	B	0.09%
	EVR	B	0.09%
	LW	C	0.09%
	NWSA	B	0.09%
	TAP	C	0.09%
	BLD	D	0.09%
	SJM	D	0.09%
	ATR	B	0.09%
	CG	A	0.09%
	TTEK	F	0.09%
	AA	B	0.09%
	DAY	B	0.09%
	RRX	B	0.09%
	DUOL	A	0.09%
	NCLH	B	0.09%
	LECO	B	0.09%
	AIZ	A	0.09%
	SF	B	0.09%
	TFX	F	0.08%
	FBIN	D	0.08%
	TPX	B	0.08%
	GMED	A	0.08%
	DCI	B	0.08%
	SMCI	F	0.08%
	WMS	D	0.08%
	RGLD	C	0.08%
	WYNN	D	0.08%
	INGR	B	0.08%
	SOLV	C	0.08%
	BRBR	A	0.08%
	TKO	B	0.08%
	AAL	B	0.08%
	CRL	C	0.08%
	CNH	C	0.08%
	DOX	D	0.08%
	CIEN	B	0.08%
	MKTX	D	0.08%
	HLI	B	0.08%
	ARMK	B	0.08%
	EHC	B	0.08%
	NLY	C	0.08%
	OHI	C	0.08%
	AES	F	0.08%
	EXEL	B	0.08%
	GME	C	0.08%
	LKQ	D	0.08%
	AYI	B	0.08%
	RPRX	D	0.08%
	LAD	A	0.08%
	IPG	D	0.08%
	ALSN	B	0.08%
	WWD	B	0.08%
	MTCH	D	0.07%
	MEDP	D	0.07%
	X	C	0.07%
	SEIC	B	0.07%
	SKX	D	0.07%
	APG	B	0.07%
	CE	F	0.07%
	DVA	B	0.07%
	APA	D	0.07%
	HRB	D	0.07%
	RL	B	0.07%
	GPK	C	0.07%
	MOS	F	0.07%
	LNW	D	0.07%
	TTC	D	0.07%
	CR	A	0.07%
	GLOB	B	0.07%
	HAS	D	0.07%
	AOS	F	0.07%
	MGM	D	0.07%
	SNX	C	0.07%
	PEN	B	0.07%
	HSIC	B	0.07%
	AXTA	A	0.07%
	WCC	B	0.07%
	RBC	A	0.07%
	EXAS	D	0.07%
	MORN	B	0.07%
	AWI	A	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%
	VMI	B	0.06%
	FMC	D	0.06%
	DAR	C	0.06%
	ALK	C	0.06%
	CGNX	C	0.06%
	FCN	D	0.06%
	BPOP	B	0.06%
	MTSI	B	0.06%
	MASI	A	0.06%
	ELAN	D	0.06%
	R	B	0.06%
	GXO	B	0.06%
	ATI	D	0.06%
	FRPT	B	0.06%
	RGEN	D	0.06%
	GNTX	C	0.06%
	VFC	C	0.06%
	ESTC	C	0.06%
	ESAB	B	0.06%
	MKSI	C	0.06%
	GTLB	B	0.06%
	BBWI	D	0.06%
	OSK	B	0.06%
	S	B	0.06%
	LPX	B	0.06%
	MIDD	C	0.06%
	CART	C	0.06%
	RYAN	B	0.06%
	WEX	D	0.06%
	PCOR	B	0.06%
	MHK	D	0.06%
	WH	B	0.06%
	SMAR	A	0.06%
	RHI	B	0.06%
	JAZZ	B	0.06%
	SSD	D	0.06%
	OLED	D	0.06%
	BERY	B	0.06%
	ONTO	D	0.06%
	FLS	B	0.06%
	KBR	F	0.06%
	BWA	D	0.06%
	G	B	0.06%
	ENPH	F	0.06%
	LITE	B	0.05%
	RITM	C	0.05%
	PATH	C	0.05%
	THO	B	0.05%
	BRKR	D	0.05%
	PVH	C	0.05%
	FOX	A	0.05%
	JHG	A	0.05%
	ETSY	D	0.05%
	CROX	D	0.05%
	AGCO	D	0.05%
	VNT	B	0.05%
	AMG	B	0.05%
	LFUS	F	0.05%
	WFRD	D	0.05%
	WHR	B	0.05%
	LAZ	B	0.05%
	FOUR	B	0.05%
	BFAM	D	0.05%
	WBA	F	0.05%
	DOCS	C	0.05%
	STWD	C	0.05%
	ARW	D	0.05%
	UHAL	D	0.05%
	BEN	C	0.05%
	BIO	D	0.05%
	QRVO	F	0.05%
	COLD	D	0.05%
	ESI	A	0.05%
	MAT	D	0.05%
	NOV	C	0.05%
	MSA	D	0.05%
	KD	B	0.05%
	WSC	D	0.05%
	MTG	C	0.05%
	IVZ	B	0.05%
	PARA	C	0.05%
	BSY	D	0.05%
	ELF	C	0.05%
	DBX	B	0.05%
	FAF	A	0.05%
	LYFT	C	0.05%
	HR	C	0.05%
	DINO	D	0.05%
	AZPN	A	0.05%
	M	D	0.04%
	GAP	C	0.04%
	KMPR	B	0.04%
	RYN	D	0.04%
	EEFT	B	0.04%
	PSN	D	0.04%
	SLGN	A	0.04%
	KRC	C	0.04%
	SEE	C	0.04%
	CUZ	B	0.04%
	LOPE	B	0.04%
	RH	B	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	D	0.04%
	OLN	D	0.04%
	TKR	D	0.04%
	SON	D	0.04%
	UGI	A	0.04%
	AL	B	0.04%
	BROS	B	0.04%
	OZK	B	0.04%
	VNOM	A	0.04%
	U	C	0.04%
	VKTX	F	0.04%
	POST	C	0.04%
	SLM	A	0.04%
	LNC	B	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	LEA	D	0.04%
	TPG	A	0.04%
	CRUS	D	0.04%
	BC	C	0.04%
	WEN	D	0.03%
	AMTM	D	0.03%
	BHF	B	0.03%
	SMG	D	0.03%
	PENN	C	0.03%
	VAC	B	0.03%
	ZI	D	0.03%
	HUN	F	0.03%
	YETI	C	0.03%
	NCNO	B	0.03%
	IRDM	D	0.03%
	EPR	D	0.03%
	ZG	A	0.03%
	HIW	D	0.03%
	PII	D	0.03%
	ACHC	F	0.03%
	FHB	A	0.03%
	IAC	D	0.03%
	NVST	B	0.03%
	SPR	D	0.03%
	W	F	0.03%
	TNL	A	0.03%
	NWS	B	0.03%
	NWL	B	0.03%
	PRGO	B	0.03%
	DNB	B	0.03%
	XRAY	F	0.03%
	NEU	C	0.03%
	DXC	B	0.03%
	MSM	C	0.03%
	ASH	D	0.03%
	PEGA	A	0.03%
	OGN	D	0.03%
	LINE	F	0.03%
	HOG	D	0.03%
	FLO	D	0.03%
	RARE	D	0.03%
	CHH	A	0.03%
	GFS	C	0.03%
	MSGS	A	0.03%
	GTES	A	0.03%
	DLB	B	0.03%
	WLK	D	0.03%
	VSTS	C	0.02%
	CRI	D	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	B	0.02%
	IPGP	D	0.02%
	KSS	F	0.02%
	SHC	F	0.02%
	PPC	C	0.02%
	ADT	C	0.02%
	AZTA	D	0.02%
	AAP	C	0.02%
	HAYW	B	0.02%
	CWEN	C	0.02%
	JWN	C	0.02%
	PINC	B	0.02%
	ALGM	D	0.02%
	CPRI	F	0.02%
	SPB	C	0.02%
	MP	B	0.02%
	HHH	B	0.02%
	ENOV	C	0.02%
	MPW	F	0.02%
	WU	D	0.02%
	CXT	B	0.02%
	APLS	D	0.02%
	COTY	F	0.02%
	DV	C	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	COLM	B	0.02%
	VIRT	B	0.02%
	CC	C	0.02%
	AMKR	D	0.02%
	ECG	C	0.02%
	AMED	F	0.02%
	MAN	D	0.02%
	PAG	B	0.02%
	RNG	B	0.02%
	SNRE	D	0.02%
	NSA	D	0.02%
	LLYVK	A	0.02%
	PK	B	0.02%
	UWMC	D	0.01%
	PLTK	B	0.01%
	SEB	F	0.01%
	TFSL	A	0.01%
	WOLF	F	0.01%
	LOAR	A	0.01%
	CWEN	C	0.01%
	CNA	B	0.01%
	AS	B	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%
	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	B	0.01%
	UA	C	0.01%
	CLVT	F	0.01%
	BIRK	D	0.01%
	CNXC	F	0.01%
	PARAA	B	0.0%
	SEG	B	0.0%
	GRAL	C	0.0%
	UHAL	D	0.0%
	NFE	D	0.0%

IWR Underweight 76 Positions Relative to FLDZ

	Symbol	Grade	Weight
	LOW	D	-0.49%
	INTU	C	-0.48%
	EOG	A	-0.47%
	SFM	A	-0.47%
	T	A	-0.46%
	SUM	B	-0.46%
	WM	A	-0.46%
	MO	A	-0.45%
	HQY	B	-0.43%
	CEG	D	-0.43%
	RSG	A	-0.43%
	ET	A	-0.42%
	CSX	B	-0.42%
	CMG	B	-0.42%
	MCK	B	-0.42%
	ORLY	B	-0.42%
	TGT	F	-0.42%
	EPD	A	-0.41%
	UNH	C	-0.41%
	CQP	B	-0.4%
	ENSG	D	-0.4%
	VZ	C	-0.38%
	NSC	B	-0.38%
	CVS	D	-0.38%
	MPLX	A	-0.38%
	ADTN	A	-0.38%
	SO	D	-0.37%
	TMHC	B	-0.37%
	D	C	-0.37%
	ENLC	A	-0.37%
	UFPI	B	-0.36%
	DUK	C	-0.35%
	CWST	A	-0.34%
	IBP	D	-0.34%
	APO	B	-0.34%
	STZ	D	-0.33%
	WFC	A	-0.33%
	NEE	D	-0.33%
	CRVL	A	-0.33%
	CI	F	-0.33%
	WES	C	-0.32%
	KBH	D	-0.32%
	MPC	D	-0.32%
	SWX	B	-0.31%
	DY	D	-0.31%
	USB	A	-0.3%
	LNTH	D	-0.3%
	MTH	D	-0.3%
	SUN	B	-0.3%
	AEP	D	-0.29%
	PNC	B	-0.29%
	TFC	A	-0.28%
	ELV	F	-0.28%
	PGR	A	-0.27%
	SCHW	B	-0.27%
	COF	B	-0.25%
	RHP	B	-0.24%
	JXN	C	-0.24%
	CADE	B	-0.23%
	SSB	B	-0.22%
	PSA	D	-0.22%
	OPCH	D	-0.21%
	ONB	B	-0.2%
	TRNO	F	-0.19%
	ZETA	D	-0.19%
	FFIN	B	-0.18%
	COOP	B	-0.17%
	SIGI	C	-0.17%
	HOMB	A	-0.17%
	FG	B	-0.16%
	ACT	D	-0.15%
	RDN	C	-0.15%
	KRG	B	-0.15%
	EPRT	B	-0.15%
	ERIE	D	-0.14%
	PFSI	D	-0.13%

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

FLDZ: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Oil & Gas E&P Insurance - Property & Casualty Oil & Gas Midstream REIT - Residential Building Materials REIT - Industrial REIT - Retail Residential Construction Specialty Retail Asset Management Health Care Plans Software - Application Credit Services Biotechnology REIT - Diversified Utilities - Diversified Discount Stores Engineering & Construction

Keywords: S&P 500 Natural Gas Bank Electricity Real Estate Investment Trust Banking Insurance Commercial Banking Nasdaq 100 Deposit Products Financial Products Natural Gas Liquids Natural Gas Storage Petroleum Industry Retailing Building Materials Cash Management Cash Management Services Crude Oil Gas Transmission