IWR vs. GSEW ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW)

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

$92.30

Average Daily Volume

1,406,493

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$80.67

Average Daily Volume

51,874

Number of Holdings ^*

490

* may have additional holdings in another (foreign) market

Performance

Period	IWR	GSEW
30 Days	3.47%	2.50%
60 Days	8.08%	6.84%
90 Days	10.61%	9.37%
12 Months	32.89%	32.65%

297 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in GSEW	Overlap
	A	F	0.32%	0.19%	0.19%
	ACGL	D	0.3%	0.17%	0.17%
	ADM	F	0.2%	0.18%	0.18%
	AEE	A	0.19%	0.2%	0.19%
	AFL	C	0.49%	0.19%	0.19%
	AJG	A	0.52%	0.2%	0.2%
	AKAM	F	0.11%	0.2%	0.11%
	ALB	B	0.1%	0.21%	0.1%
	ALGN	F	0.13%	0.18%	0.13%
	ALL	A	0.42%	0.19%	0.19%
	ALNY	D	0.28%	0.2%	0.2%
	AME	A	0.36%	0.22%	0.22%
	AMP	A	0.45%	0.21%	0.21%
	ANSS	B	0.24%	0.2%	0.2%
	APA	F	0.06%	0.18%	0.06%
	ARE	F	0.16%	0.2%	0.16%
	ARES	B	0.25%	0.21%	0.21%
	ATO	A	0.18%	0.2%	0.18%
	AVB	A	0.27%	0.2%	0.2%
	AVTR	F	0.12%	0.18%	0.12%
	AVY	F	0.13%	0.19%	0.13%
	AWK	D	0.22%	0.19%	0.19%
	AXON	B	0.35%	0.22%	0.22%
	BAH	C	0.19%	0.23%	0.19%
	BALL	D	0.15%	0.18%	0.15%
	BAX	F	0.14%	0.2%	0.14%
	BBY	D	0.16%	0.19%	0.16%
	BG	D	0.1%	0.18%	0.1%
	BIIB	F	0.2%	0.19%	0.19%
	BK	B	0.46%	0.21%	0.21%
	BKR	B	0.35%	0.21%	0.21%
	BLDR	D	0.17%	0.19%	0.17%
	BMRN	F	0.1%	0.19%	0.1%
	BR	A	0.21%	0.2%	0.2%
	BRO	A	0.22%	0.21%	0.21%
	CAG	F	0.11%	0.19%	0.11%
	CAH	A	0.24%	0.21%	0.21%
	CBOE	D	0.17%	0.2%	0.17%
	CBRE	A	0.34%	0.22%	0.22%
	CCI	F	0.37%	0.19%	0.19%
	CCL	A	0.19%	0.25%	0.19%
	CDW	F	0.22%	0.18%	0.18%
	CE	F	0.08%	0.14%	0.08%
	CF	B	0.12%	0.2%	0.12%
	CFG	B	0.17%	0.21%	0.17%
	CHD	B	0.21%	0.2%	0.2%
	CHTR	B	0.3%	0.23%	0.23%
	CINF	A	0.18%	0.21%	0.18%
	CLX	A	0.17%	0.2%	0.17%
	CMI	A	0.39%	0.22%	0.22%
	CMS	C	0.16%	0.19%	0.16%
	CNC	F	0.26%	0.18%	0.18%
	CNP	B	0.16%	0.2%	0.16%
	COIN	B	0.43%	0.23%	0.23%
	COR	A	0.33%	0.21%	0.21%
	CPAY	A	0.2%	0.21%	0.2%
	CSGP	D	0.25%	0.2%	0.2%
	CSL	B	0.17%	0.19%	0.17%
	CTRA	B	0.15%	0.19%	0.15%
	CTSH	A	0.32%	0.2%	0.2%
	CTVA	C	0.33%	0.21%	0.21%
	DAL	A	0.32%	0.24%	0.24%
	DD	D	0.29%	0.2%	0.2%
	DDOG	B	0.3%	0.22%	0.22%
	DECK	B	0.22%	0.21%	0.21%
	DFS	B	0.35%	0.22%	0.22%
	DG	F	0.14%	0.2%	0.14%
	DGX	A	0.14%	0.2%	0.14%
	DHI	F	0.41%	0.18%	0.18%
	DKNG	B	0.15%	0.19%	0.15%
	DLR	C	0.48%	0.23%	0.23%
	DLTR	F	0.1%	0.19%	0.1%
	DOV	A	0.22%	0.2%	0.2%
	DOW	F	0.26%	0.18%	0.18%
	DPZ	C	0.13%	0.2%	0.13%
	DRI	B	0.16%	0.2%	0.16%
	DTE	D	0.2%	0.19%	0.19%
	DVN	F	0.2%	0.2%	0.2%
	DXCM	C	0.23%	0.21%	0.21%
	EA	A	0.34%	0.22%	0.22%
	EBAY	C	0.25%	0.19%	0.19%
	ED	D	0.28%	0.19%	0.19%
	EFX	D	0.27%	0.18%	0.18%
	EG	D	0.13%	0.18%	0.13%
	EIX	C	0.26%	0.19%	0.19%
	EME	B	0.19%	0.22%	0.19%
	ENPH	F	0.07%	0.16%	0.07%
	ENTG	D	0.13%	0.18%	0.13%
	EPAM	B	0.1%	0.2%	0.1%
	EQR	C	0.23%	0.19%	0.19%
	EQT	B	0.2%	0.21%	0.2%
	ES	D	0.17%	0.18%	0.17%
	ESS	C	0.16%	0.2%	0.16%
	ETR	B	0.26%	0.22%	0.22%
	EVRG	A	0.11%	0.2%	0.11%
	EXAS	F	0.08%	0.21%	0.08%
	EXC	C	0.31%	0.19%	0.19%
	EXPD	D	0.14%	0.19%	0.14%
	EXPE	B	0.19%	0.23%	0.19%
	EXR	D	0.28%	0.19%	0.19%
	FANG	D	0.28%	0.2%	0.2%
	FAST	A	0.39%	0.22%	0.22%
	FCNCA	B	0.21%	0.21%	0.21%
	FDS	A	0.15%	0.21%	0.15%
	FE	D	0.19%	0.19%	0.19%
	FICO	B	0.45%	0.21%	0.21%
	FIS	B	0.4%	0.21%	0.21%
	FITB	A	0.26%	0.21%	0.21%
	FSLR	F	0.17%	0.18%	0.17%
	FTV	D	0.21%	0.18%	0.18%
	GDDY	A	0.2%	0.22%	0.2%
	GEHC	F	0.31%	0.19%	0.19%
	GEN	A	0.13%	0.21%	0.13%
	GGG	B	0.12%	0.2%	0.12%
	GIS	F	0.3%	0.19%	0.19%
	GLW	C	0.3%	0.21%	0.21%
	GPC	D	0.14%	0.17%	0.14%
	GPN	B	0.23%	0.22%	0.22%
	GRMN	A	0.27%	0.24%	0.24%
	GWW	B	0.42%	0.22%	0.22%
	HAL	C	0.21%	0.19%	0.19%
	HBAN	B	0.2%	0.22%	0.2%
	HES	C	0.32%	0.2%	0.2%
	HIG	C	0.28%	0.19%	0.19%
	HLT	A	0.49%	0.2%	0.2%
	HOLX	D	0.15%	0.2%	0.15%
	HPE	B	0.23%	0.2%	0.2%
	HPQ	B	0.29%	0.21%	0.21%
	HST	C	0.1%	0.2%	0.1%
	HSY	D	0.21%	0.19%	0.19%
	HUBB	B	0.2%	0.21%	0.2%
	HUBS	B	0.26%	0.22%	0.22%
	HUM	D	0.28%	0.23%	0.23%
	HWM	A	0.37%	0.2%	0.2%
	IDXX	D	0.29%	0.17%	0.17%
	IEX	B	0.14%	0.21%	0.14%
	IFF	F	0.19%	0.19%	0.19%
	ILMN	C	0.19%	0.23%	0.19%
	INVH	D	0.17%	0.19%	0.17%
	IP	C	0.16%	0.24%	0.16%
	IPG	F	0.09%	0.19%	0.09%
	IQV	F	0.32%	0.18%	0.18%
	IR	A	0.34%	0.19%	0.19%
	IRM	D	0.28%	0.21%	0.21%
	IT	A	0.33%	0.2%	0.2%
	J	B	0.15%	0.21%	0.15%
	JBHT	B	0.13%	0.22%	0.13%
	JBL	C	0.12%	0.21%	0.12%
	JKHY	C	0.11%	0.21%	0.11%
	K	A	0.17%	0.2%	0.17%
	KEY	B	0.14%	0.21%	0.14%
	KEYS	C	0.23%	0.2%	0.2%
	KIM	A	0.13%	0.21%	0.13%
	KMI	B	0.42%	0.22%	0.22%
	KR	A	0.32%	0.2%	0.2%
	KVUE	B	0.37%	0.21%	0.21%
	L	A	0.12%	0.2%	0.12%
	LDOS	B	0.22%	0.23%	0.22%
	LECO	C	0.1%	0.21%	0.1%
	LEN	D	0.33%	0.19%	0.19%
	LEN	D	0.01%	0.19%	0.01%
	LH	A	0.17%	0.21%	0.17%
	LHX	A	0.4%	0.2%	0.2%
	LII	B	0.16%	0.21%	0.16%
	LKQ	D	0.08%	0.19%	0.08%
	LNG	B	0.38%	0.21%	0.21%
	LNT	C	0.12%	0.19%	0.12%
	LPLA	B	0.19%	0.24%	0.19%
	LUV	B	0.15%	0.21%	0.15%
	LVS	C	0.14%	0.19%	0.14%
	LW	C	0.09%	0.24%	0.09%
	LYB	F	0.18%	0.18%	0.18%
	LYV	B	0.16%	0.21%	0.16%
	MAA	C	0.15%	0.2%	0.15%
	MANH	C	0.14%	0.19%	0.14%
	MAS	D	0.14%	0.2%	0.14%
	MCHP	F	0.31%	0.19%	0.19%
	MDB	C	0.17%	0.22%	0.17%
	MKC	D	0.16%	0.19%	0.16%
	MKL	A	0.17%	0.2%	0.17%
	MLM	B	0.31%	0.22%	0.22%
	MOH	F	0.15%	0.2%	0.15%
	MPWR	F	0.29%	0.16%	0.16%
	MRO	B	0.13%	0.2%	0.13%
	MSCI	B	0.37%	0.2%	0.2%
	MSTR	B	0.34%	0.26%	0.26%
	MTB	B	0.28%	0.22%	0.22%
	MTD	F	0.22%	0.18%	0.18%
	NDAQ	A	0.26%	0.21%	0.21%
	NDSN	B	0.12%	0.19%	0.12%
	NET	B	0.22%	0.22%	0.22%
	NI	A	0.13%	0.2%	0.13%
	NRG	B	0.16%	0.2%	0.16%
	NTAP	D	0.21%	0.19%	0.19%
	NTNX	B	0.14%	0.22%	0.14%
	NTRS	A	0.17%	0.23%	0.17%
	NUE	C	0.31%	0.19%	0.19%
	NVR	D	0.22%	0.19%	0.19%
	O	D	0.41%	0.19%	0.19%
	OC	A	0.13%	0.21%	0.13%
	ODFL	B	0.36%	0.21%	0.21%
	OKE	A	0.51%	0.21%	0.21%
	OKTA	C	0.1%	0.2%	0.1%
	OMC	B	0.16%	0.2%	0.16%
	ON	F	0.24%	0.19%	0.19%
	OTIS	C	0.33%	0.19%	0.19%
	OVV	C	0.09%	0.2%	0.09%
	PAYX	B	0.39%	0.2%	0.2%
	PCG	A	0.36%	0.2%	0.2%
	PEG	C	0.35%	0.18%	0.18%
	PFG	C	0.16%	0.19%	0.16%
	PHM	D	0.22%	0.19%	0.19%
	PINS	F	0.14%	0.2%	0.14%
	PKG	B	0.17%	0.22%	0.17%
	PLTR	B	0.95%	0.27%	0.27%
	PODD	B	0.15%	0.21%	0.15%
	POOL	D	0.11%	0.2%	0.11%
	PPG	F	0.24%	0.19%	0.19%
	PPL	A	0.2%	0.2%	0.2%
	PRU	B	0.35%	0.2%	0.2%
	PSTG	D	0.13%	0.2%	0.13%
	PTC	B	0.19%	0.22%	0.19%
	PWR	B	0.39%	0.21%	0.21%
	RBLX	B	0.22%	0.23%	0.22%
	RCL	A	0.43%	0.24%	0.24%
	RF	B	0.19%	0.21%	0.19%
	RJF	A	0.24%	0.24%	0.24%
	RMD	C	0.3%	0.21%	0.21%
	ROK	B	0.25%	0.2%	0.2%
	ROST	F	0.38%	0.19%	0.19%
	RPM	A	0.14%	0.2%	0.14%
	RS	B	0.15%	0.2%	0.15%
	RVTY	C	0.12%	0.2%	0.12%
	SAIA	B	0.12%	0.23%	0.12%
	SBAC	D	0.19%	0.19%	0.19%
	SJM	F	0.1%	0.2%	0.1%
	SMCI	F	0.1%	0.13%	0.1%
	SNA	A	0.15%	0.23%	0.15%
	SPG	B	0.47%	0.21%	0.21%
	SQ	B	0.34%	0.22%	0.22%
	SSNC	C	0.13%	0.2%	0.13%
	STE	F	0.17%	0.19%	0.17%
	STLD	B	0.18%	0.21%	0.18%
	STT	B	0.23%	0.21%	0.21%
	SUI	D	0.13%	0.2%	0.13%
	SWK	F	0.11%	0.18%	0.11%
	SWKS	F	0.12%	0.18%	0.12%
	SYF	B	0.2%	0.23%	0.2%
	SYY	B	0.31%	0.2%	0.2%
	TDY	A	0.18%	0.21%	0.18%
	TER	F	0.14%	0.16%	0.14%
	TPL	B	0.21%	0.27%	0.21%
	TRGP	B	0.34%	0.23%	0.23%
	TRMB	B	0.14%	0.2%	0.14%
	TROW	B	0.21%	0.21%	0.21%
	TRU	D	0.17%	0.19%	0.17%
	TSCO	C	0.25%	0.19%	0.19%
	TSN	C	0.14%	0.2%	0.14%
	TTD	B	0.45%	0.22%	0.22%
	TTWO	A	0.25%	0.22%	0.22%
	TXT	C	0.13%	0.19%	0.13%
	TYL	B	0.21%	0.21%	0.21%
	UAL	B	0.23%	0.29%	0.23%
	ULTA	C	0.15%	0.2%	0.15%
	URI	B	0.47%	0.2%	0.2%
	VEEV	B	0.28%	0.21%	0.21%
	VICI	D	0.27%	0.2%	0.2%
	VLTO	C	0.21%	0.19%	0.19%
	VMC	B	0.31%	0.22%	0.22%
	VRSK	A	0.33%	0.21%	0.21%
	VRSN	C	0.13%	0.19%	0.13%
	VRT	B	0.36%	0.22%	0.22%
	VST	B	0.4%	0.19%	0.19%
	VTR	C	0.21%	0.2%	0.2%
	VTRS	B	0.12%	0.2%	0.12%
	WAB	A	0.28%	0.21%	0.21%
	WAT	A	0.18%	0.22%	0.18%
	WBA	D	0.05%	0.22%	0.05%
	WBD	B	0.18%	0.21%	0.18%
	WDC	D	0.18%	0.2%	0.18%
	WEC	B	0.25%	0.2%	0.2%
	WMB	B	0.56%	0.23%	0.23%
	WPC	F	0.1%	0.18%	0.1%
	WRB	B	0.14%	0.2%	0.14%
	WSM	F	0.13%	0.18%	0.13%
	WSO	A	0.15%	0.2%	0.15%
	WST	B	0.19%	0.21%	0.19%
	WTW	A	0.26%	0.21%	0.21%
	WY	F	0.19%	0.19%	0.19%
	XEL	A	0.3%	0.2%	0.2%
	XPO	B	0.14%	0.26%	0.14%
	XYL	D	0.24%	0.18%	0.18%
	YUM	B	0.31%	0.19%	0.19%
	ZBH	C	0.18%	0.2%	0.18%
	ZBRA	A	0.17%	0.21%	0.17%
	ZM	B	0.17%	0.23%	0.17%
	ZS	B	0.15%	0.22%	0.15%

IWR Overweight 505 Positions Relative to GSEW

	Symbol	Grade	Weight
	APP	B	0.62%
	FERG	B	0.34%
	CPNG	B	0.23%
	SW	C	0.22%
	CVNA	B	0.21%
	EXE	A	0.17%
	COO	D	0.16%
	HOOD	B	0.16%
	UTHR	B	0.15%
	IBKR	A	0.15%
	TOST	A	0.14%
	BURL	C	0.14%
	FWONK	A	0.14%
	PNR	A	0.14%
	DT	C	0.13%
	THC	B	0.13%
	TWLO	A	0.13%
	GWRE	A	0.13%
	DOC	C	0.13%
	TOL	C	0.13%
	DOCU	B	0.13%
	FIX	B	0.13%
	HEI	B	0.13%
	EQH	B	0.12%
	COHR	B	0.12%
	UDR	C	0.12%
	AMCR	D	0.12%
	CW	B	0.12%
	RGA	A	0.12%
	ACM	B	0.12%
	NTRA	B	0.12%
	FNF	C	0.12%
	USFD	A	0.12%
	CASY	B	0.12%
	TW	C	0.12%
	APTV	D	0.12%
	BXP	D	0.11%
	GLPI	D	0.11%
	PFGC	B	0.11%
	ELS	C	0.11%
	TXRH	A	0.11%
	CLH	B	0.11%
	INCY	B	0.11%
	SOFI	B	0.11%
	REG	A	0.11%
	RNR	D	0.11%
	ROL	B	0.11%
	EWBC	B	0.11%
	FFIV	A	0.11%
	TECH	B	0.1%
	EMN	D	0.1%
	KMX	C	0.1%
	BJ	B	0.1%
	DUOL	B	0.1%
	TPR	B	0.1%
	UHS	D	0.1%
	DAY	C	0.1%
	FTI	B	0.1%
	SCI	B	0.1%
	JEF	A	0.1%
	TTEK	C	0.1%
	AMH	C	0.1%
	CPT	C	0.1%
	CACI	C	0.1%
	ITT	A	0.1%
	NBIX	C	0.1%
	ALLE	D	0.1%
	CHRW	A	0.1%
	NVT	B	0.1%
	JNPR	D	0.1%
	JLL	C	0.1%
	FND	F	0.09%
	DOX	C	0.09%
	CTLT	D	0.09%
	AFRM	B	0.09%
	WWD	B	0.09%
	FHN	A	0.09%
	LBRDK	C	0.09%
	AIZ	A	0.09%
	CUBE	D	0.09%
	CCK	D	0.09%
	SRPT	F	0.09%
	CRL	C	0.09%
	EVR	B	0.09%
	GNRC	B	0.09%
	CAVA	B	0.09%
	LAMR	D	0.09%
	UNM	A	0.09%
	NWSA	B	0.09%
	AA	C	0.09%
	DKS	F	0.09%
	BWXT	A	0.09%
	CG	C	0.09%
	HEI	B	0.09%
	SF	B	0.09%
	OWL	B	0.09%
	RRX	C	0.09%
	ATR	A	0.09%
	PAYC	B	0.09%
	BLD	F	0.09%
	NCLH	B	0.09%
	Z	B	0.09%
	TFX	F	0.08%
	REXR	F	0.08%
	MORN	B	0.08%
	DCI	A	0.08%
	GME	C	0.08%
	LNW	F	0.08%
	PCTY	A	0.08%
	ROKU	C	0.08%
	CNH	D	0.08%
	KNX	B	0.08%
	ITCI	C	0.08%
	FRT	C	0.08%
	AAON	B	0.08%
	SNX	C	0.08%
	TKO	D	0.08%
	WMS	F	0.08%
	KBR	B	0.08%
	DTM	B	0.08%
	MUSA	B	0.08%
	AES	F	0.08%
	WAL	B	0.08%
	GL	B	0.08%
	GLOB	B	0.08%
	FBIN	F	0.08%
	PR	C	0.08%
	HLI	B	0.08%
	RGLD	C	0.08%
	WBS	A	0.08%
	NLY	C	0.08%
	AFG	A	0.08%
	INGR	B	0.08%
	WTRG	C	0.08%
	WING	D	0.08%
	SOLV	D	0.08%
	KNSL	C	0.08%
	LAD	B	0.08%
	MKTX	C	0.08%
	CHDN	C	0.08%
	AYI	B	0.08%
	EHC	A	0.08%
	OHI	C	0.08%
	ARMK	B	0.08%
	FOXA	A	0.08%
	RPRX	F	0.08%
	ALLY	C	0.08%
	PRI	A	0.08%
	CIEN	B	0.08%
	EXP	B	0.08%
	PNW	B	0.08%
	EXEL	B	0.08%
	ALSN	A	0.08%
	TAP	B	0.08%
	SSD	D	0.07%
	HII	D	0.07%
	G	B	0.07%
	VNO	C	0.07%
	ACI	C	0.07%
	SNV	B	0.07%
	CHRD	F	0.07%
	CFR	B	0.07%
	SKX	F	0.07%
	VOYA	B	0.07%
	HRB	D	0.07%
	CART	C	0.07%
	PLNT	A	0.07%
	CBSH	A	0.07%
	CHE	D	0.07%
	WTFC	B	0.07%
	CNM	D	0.07%
	ZION	B	0.07%
	OLED	F	0.07%
	APG	B	0.07%
	AR	B	0.07%
	FYBR	D	0.07%
	EGP	C	0.07%
	MGM	D	0.07%
	OGE	B	0.07%
	WYNN	F	0.07%
	ONTO	F	0.07%
	CR	B	0.07%
	BRX	A	0.07%
	HSIC	F	0.07%
	PEN	B	0.07%
	GPK	D	0.07%
	RIVN	D	0.07%
	CPB	F	0.07%
	HRL	F	0.07%
	CMA	A	0.07%
	AXTA	A	0.07%
	CZR	F	0.07%
	MOS	D	0.07%
	TTC	F	0.07%
	RL	B	0.07%
	HAS	D	0.07%
	WCC	B	0.07%
	AOS	F	0.07%
	MTZ	B	0.07%
	AAL	B	0.07%
	NYT	C	0.07%
	RBC	B	0.07%
	GMED	B	0.07%
	ORI	A	0.07%
	TPX	B	0.07%
	X	C	0.07%
	BRBR	A	0.07%
	MEDP	C	0.07%
	PNFP	B	0.07%
	AZEK	B	0.06%
	LSTR	B	0.06%
	H	B	0.06%
	VMI	B	0.06%
	R	A	0.06%
	ELAN	D	0.06%
	MASI	B	0.06%
	SN	C	0.06%
	GNTX	C	0.06%
	GXO	B	0.06%
	FR	C	0.06%
	ESTC	C	0.06%
	BIO	C	0.06%
	AGNC	C	0.06%
	DOCS	B	0.06%
	GTLB	B	0.06%
	FCN	F	0.06%
	PB	B	0.06%
	LPX	B	0.06%
	RLI	A	0.06%
	ATI	D	0.06%
	VKTX	D	0.06%
	FRPT	B	0.06%
	WSC	F	0.06%
	VFC	C	0.06%
	OSK	B	0.06%
	RYAN	A	0.06%
	COKE	C	0.06%
	WH	A	0.06%
	CGNX	C	0.06%
	KEX	B	0.06%
	FMC	F	0.06%
	LSCC	D	0.06%
	PCOR	B	0.06%
	ESAB	B	0.06%
	MIDD	C	0.06%
	SMAR	A	0.06%
	ADC	A	0.06%
	WEX	D	0.06%
	DVA	C	0.06%
	S	B	0.06%
	JAZZ	B	0.06%
	MTSI	B	0.06%
	BWA	B	0.06%
	MHK	D	0.06%
	RHI	B	0.06%
	BERY	C	0.06%
	MKSI	C	0.06%
	NNN	F	0.06%
	SAIC	C	0.06%
	RRC	B	0.06%
	RGEN	C	0.06%
	MTCH	F	0.06%
	TREX	C	0.06%
	FLS	B	0.06%
	BILL	A	0.06%
	SEIC	A	0.06%
	THO	B	0.05%
	VVV	B	0.05%
	CRUS	F	0.05%
	LITE	A	0.05%
	JHG	B	0.05%
	BC	C	0.05%
	THG	A	0.05%
	AGCO	F	0.05%
	INSP	F	0.05%
	FNB	A	0.05%
	IDA	A	0.05%
	PVH	C	0.05%
	AMG	B	0.05%
	WHR	B	0.05%
	PATH	C	0.05%
	BEN	C	0.05%
	OLLI	C	0.05%
	CROX	F	0.05%
	U	F	0.05%
	STWD	D	0.05%
	IONS	F	0.05%
	VNT	B	0.05%
	CLF	D	0.05%
	ETSY	C	0.05%
	OMF	A	0.05%
	FOUR	B	0.05%
	LFUS	D	0.05%
	MTG	C	0.05%
	BRKR	F	0.05%
	WFRD	D	0.05%
	KD	A	0.05%
	SIRI	D	0.05%
	COLB	B	0.05%
	LAZ	C	0.05%
	ARW	F	0.05%
	ESI	B	0.05%
	MSA	D	0.05%
	DAR	B	0.05%
	ALK	A	0.05%
	LYFT	B	0.05%
	NOV	C	0.05%
	ELF	C	0.05%
	FAF	C	0.05%
	COLD	F	0.05%
	DBX	B	0.05%
	IVZ	C	0.05%
	AXS	A	0.05%
	CFLT	B	0.05%
	PARA	C	0.05%
	MAT	C	0.05%
	DINO	D	0.05%
	AZPN	A	0.05%
	MTDR	C	0.05%
	QRVO	F	0.05%
	AWI	B	0.05%
	BFAM	F	0.05%
	BPOP	C	0.05%
	MTN	D	0.05%
	SITE	D	0.05%
	UHAL	C	0.05%
	STAG	D	0.05%
	BBWI	C	0.05%
	HR	C	0.05%
	BSY	F	0.05%
	GFS	C	0.04%
	GAP	B	0.04%
	DLB	C	0.04%
	WLK	F	0.04%
	EEFT	C	0.04%
	SLGN	A	0.04%
	RARE	D	0.04%
	AGO	B	0.04%
	RYN	F	0.04%
	SEE	C	0.04%
	WTM	A	0.04%
	FIVE	F	0.04%
	CUZ	C	0.04%
	HCP	A	0.04%
	KRC	C	0.04%
	OZK	B	0.04%
	AL	B	0.04%
	TKR	F	0.04%
	ST	F	0.04%
	RH	C	0.04%
	UGI	D	0.04%
	SON	D	0.04%
	HXL	D	0.04%
	SLM	B	0.04%
	LOPE	B	0.04%
	ROIV	C	0.04%
	AVT	C	0.04%
	BYD	A	0.04%
	CELH	F	0.04%
	PSN	B	0.04%
	BROS	B	0.04%
	NXST	C	0.04%
	CCCS	B	0.04%
	APPF	B	0.04%
	AM	B	0.04%
	OLN	D	0.04%
	LNC	B	0.04%
	CIVI	F	0.04%
	NFG	C	0.04%
	LEA	F	0.04%
	FOX	A	0.04%
	POST	D	0.04%
	RITM	C	0.04%
	VNOM	C	0.04%
	TPG	B	0.04%
	AMKR	F	0.03%
	AMED	F	0.03%
	PENN	B	0.03%
	BHF	B	0.03%
	RNG	B	0.03%
	APLS	F	0.03%
	ECG	C	0.03%
	YETI	C	0.03%
	LBTYA	F	0.03%
	LBTYK	F	0.03%
	VAC	B	0.03%
	HUN	F	0.03%
	WEN	C	0.03%
	ZG	B	0.03%
	EPR	D	0.03%
	IRDM	C	0.03%
	NCNO	B	0.03%
	FHB	B	0.03%
	NVST	C	0.03%
	PII	F	0.03%
	HIW	D	0.03%
	PRGO	C	0.03%
	TNL	A	0.03%
	XRAY	F	0.03%
	SPR	F	0.03%
	MDU	F	0.03%
	W	F	0.03%
	NWS	B	0.03%
	ACHC	F	0.03%
	DNB	B	0.03%
	ZI	D	0.03%
	NEU	C	0.03%
	NWL	B	0.03%
	PEGA	A	0.03%
	DXC	B	0.03%
	HOG	F	0.03%
	IAC	F	0.03%
	FLO	F	0.03%
	CHH	B	0.03%
	ASH	F	0.03%
	MSM	B	0.03%
	KMPR	A	0.03%
	LINE	F	0.03%
	AMTM	D	0.03%
	OGN	F	0.03%
	AN	C	0.03%
	MSGS	C	0.03%
	GTES	B	0.03%
	M	D	0.03%
	CLVT	F	0.02%
	VSTS	D	0.02%
	KSS	F	0.02%
	CNXC	F	0.02%
	FTRE	D	0.02%
	ALAB	B	0.02%
	RKT	F	0.02%
	LCID	F	0.02%
	RCM	B	0.02%
	AAP	D	0.02%
	HAYW	C	0.02%
	PPC	B	0.02%
	ADT	B	0.02%
	JWN	B	0.02%
	IPGP	C	0.02%
	CPRI	F	0.02%
	CWEN	D	0.02%
	QDEL	F	0.02%
	AZTA	F	0.02%
	PINC	A	0.02%
	SHC	D	0.02%
	SPB	B	0.02%
	ENOV	C	0.02%
	AGR	C	0.02%
	MP	C	0.02%
	WU	F	0.02%
	BOKF	B	0.02%
	HHH	B	0.02%
	ALGM	F	0.02%
	FIVN	C	0.02%
	SAM	B	0.02%
	COTY	F	0.02%
	CXT	D	0.02%
	VIRT	B	0.02%
	CACC	D	0.02%
	DV	C	0.02%
	COLM	B	0.02%
	LLYVK	B	0.02%
	TDC	D	0.02%
	MPW	F	0.02%
	PAG	B	0.02%
	CC	C	0.02%
	NSA	D	0.02%
	MAN	F	0.02%
	PK	B	0.02%
	SMG	D	0.02%
	UWMC	F	0.01%
	SEB	D	0.01%
	TFSL	A	0.01%
	CWEN	D	0.01%
	LOAR	C	0.01%
	CNA	C	0.01%
	AS	B	0.01%
	DDS	C	0.01%
	LLYVA	B	0.01%
	WOLF	F	0.01%
	PYCR	B	0.01%
	UI	B	0.01%
	CERT	F	0.01%
	SNDR	B	0.01%
	REYN	D	0.01%
	CAR	C	0.01%
	LEG	F	0.01%
	INFA	D	0.01%
	TXG	F	0.01%
	TRIP	D	0.01%
	LBRDA	C	0.01%
	UA	B	0.01%
	GO	C	0.01%
	FWONA	A	0.01%
	CRI	D	0.01%
	QS	F	0.01%
	UAA	B	0.01%
	BIRK	F	0.01%
	DJT	D	0.01%
	PARAA	B	0.0%
	SEG	F	0.0%
	GRAL	B	0.0%
	UHAL	C	0.0%
	NFE	F	0.0%
	PLTK	B	0.0%

IWR Underweight 194 Positions Relative to GSEW

	Symbol	Grade	Weight
	TEAM	B	-0.28%
	GEV	B	-0.25%
	NVDA	B	-0.24%
	GM	A	-0.24%
	BKNG	A	-0.24%
	MRVL	B	-0.24%
	MS	A	-0.23%
	COF	B	-0.23%
	DELL	B	-0.23%
	WFC	A	-0.23%
	ADSK	A	-0.22%
	VRTX	B	-0.22%
	CDNS	B	-0.22%
	TMUS	A	-0.22%
	APH	B	-0.22%
	PANW	A	-0.22%
	CRWD	B	-0.22%
	ABNB	C	-0.22%
	PCAR	B	-0.22%
	PM	C	-0.22%
	NOW	A	-0.22%
	BX	A	-0.22%
	APO	B	-0.22%
	DASH	A	-0.22%
	FI	A	-0.22%
	SCHW	A	-0.22%
	ETN	A	-0.21%
	DIS	B	-0.21%
	EW	D	-0.21%
	MSI	B	-0.21%
	C	A	-0.21%
	GOOGL	B	-0.21%
	ABBV	D	-0.21%
	BMY	B	-0.21%
	ADP	A	-0.21%
	FDX	B	-0.21%
	PYPL	A	-0.21%
	PH	A	-0.21%
	EQIX	B	-0.21%
	AIG	B	-0.21%
	SNPS	B	-0.21%
	SYK	A	-0.21%
	WMT	A	-0.21%
	TRV	B	-0.21%
	ABT	C	-0.21%
	WM	A	-0.21%
	ANET	C	-0.21%
	MU	D	-0.21%
	MAR	A	-0.21%
	PNC	B	-0.21%
	KKR	B	-0.21%
	APD	B	-0.21%
	ISRG	A	-0.21%
	AON	A	-0.21%
	SNOW	C	-0.21%
	CSCO	A	-0.21%
	GILD	C	-0.21%
	MNST	B	-0.21%
	V	A	-0.21%
	WELL	B	-0.21%
	CRM	B	-0.21%
	EMR	A	-0.21%
	JPM	B	-0.21%
	BAC	A	-0.21%
	GS	B	-0.21%
	AMZN	A	-0.21%
	MCK	A	-0.21%
	NFLX	A	-0.21%
	MO	A	-0.21%
	USB	A	-0.21%
	ACN	C	-0.2%
	PFE	F	-0.2%
	BRK.A	B	-0.2%
	GD	A	-0.2%
	TJX	B	-0.2%
	ECL	C	-0.2%
	AZO	C	-0.2%
	PGR	A	-0.2%
	HD	B	-0.2%
	VLO	D	-0.2%
	KHC	F	-0.2%
	JNJ	D	-0.2%
	BA	F	-0.2%
	QCOM	F	-0.2%
	MCO	C	-0.2%
	MSFT	C	-0.2%
	XOM	B	-0.2%
	CMG	B	-0.2%
	ICE	D	-0.2%
	DUK	D	-0.2%
	MCD	C	-0.2%
	AAPL	C	-0.2%
	BDX	D	-0.2%
	SRE	A	-0.2%
	TXN	C	-0.2%
	AEP	D	-0.2%
	ROP	A	-0.2%
	PEP	D	-0.2%
	CSX	B	-0.2%
	LOW	B	-0.2%
	T	A	-0.2%
	MMC	C	-0.2%
	COP	C	-0.2%
	TGT	C	-0.2%
	META	B	-0.2%
	SHW	A	-0.2%
	ORLY	A	-0.2%
	AMGN	F	-0.2%
	TT	A	-0.2%
	MDT	D	-0.2%
	TSLA	B	-0.2%
	UBER	F	-0.2%
	UPS	C	-0.2%
	CPRT	A	-0.2%
	SBUX	B	-0.2%
	RSG	A	-0.2%
	D	D	-0.2%
	F	C	-0.2%
	AVGO	C	-0.2%
	FTNT	B	-0.2%
	TFC	B	-0.2%
	NSC	B	-0.2%
	CME	A	-0.2%
	COST	B	-0.2%
	INTC	C	-0.2%
	WDAY	B	-0.2%
	BSX	A	-0.2%
	MA	B	-0.2%
	INTU	A	-0.2%
	HON	B	-0.2%
	CMCSA	B	-0.2%
	ORCL	A	-0.2%
	ITW	A	-0.2%
	CTAS	A	-0.2%
	CVX	B	-0.2%
	AXP	B	-0.2%
	LRCX	F	-0.19%
	AMT	F	-0.19%
	MMM	C	-0.19%
	STX	D	-0.19%
	NKE	F	-0.19%
	STZ	D	-0.19%
	PLD	D	-0.19%
	GE	C	-0.19%
	SLB	C	-0.19%
	NOC	C	-0.19%
	ADI	F	-0.19%
	IBM	C	-0.19%
	CB	C	-0.19%
	MET	C	-0.19%
	KMB	F	-0.19%
	RTX	C	-0.19%
	MDLZ	F	-0.19%
	SPGI	C	-0.19%
	OXY	D	-0.19%
	LIN	D	-0.19%
	ADBE	C	-0.19%
	EOG	A	-0.19%
	PSA	C	-0.19%
	UNP	C	-0.19%
	UNH	B	-0.19%
	DE	D	-0.19%
	PG	C	-0.19%
	SO	D	-0.19%
	CAT	C	-0.19%
	JCI	A	-0.19%
	KDP	D	-0.18%
	CVS	F	-0.18%
	MRK	F	-0.18%
	LMT	C	-0.18%
	ZTS	D	-0.18%
	LLY	F	-0.18%
	HCA	D	-0.18%
	DHR	F	-0.18%
	MPC	D	-0.18%
	TMO	F	-0.18%
	PSX	D	-0.18%
	VZ	C	-0.18%
	AMAT	F	-0.18%
	FCX	F	-0.18%
	CARR	C	-0.18%
	KO	F	-0.18%
	CL	F	-0.18%
	TDG	B	-0.18%
	CI	D	-0.18%
	NEE	D	-0.18%
	ELV	F	-0.17%
	MRNA	F	-0.17%
	NEM	F	-0.17%
	KLAC	F	-0.17%
	CEG	D	-0.17%
	AMD	F	-0.17%
	REGN	F	-0.16%
	EL	F	-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

GSEW: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Oil & Gas E&P Banks - Regional - US Asset Management Capital Markets Drug Manufacturers - Major Software - Infrastructure Specialty Chemicals Specialty Retail Aerospace & Defense Insurance - Property & Casualty Medical Devices Credit Services Health Care Plans Household & Personal Products

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