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

$94.53

Average Daily Volume

1,461,787

Number of Holdings ^*

803

* 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

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

Performance

Period	IWR	GSEW
30 Days	6.87%	5.61%
60 Days	7.84%	6.23%
90 Days	9.96%	8.71%
12 Months	34.02%	32.95%

294 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in GSEW	Overlap
	A	D	0.31%	0.19%	0.19%
	ACGL	D	0.3%	0.2%	0.2%
	ADM	D	0.21%	0.2%	0.2%
	AEE	A	0.2%	0.21%	0.2%
	AFL	B	0.51%	0.21%	0.21%
	AJG	B	0.52%	0.2%	0.2%
	AKAM	D	0.11%	0.17%	0.11%
	ALGN	D	0.14%	0.2%	0.14%
	ALL	A	0.43%	0.21%	0.21%
	ALNY	D	0.24%	0.19%	0.19%
	AME	A	0.37%	0.2%	0.2%
	AMP	A	0.46%	0.2%	0.2%
	ANSS	B	0.24%	0.2%	0.2%
	APP	B	0.63%	0.34%	0.34%
	ARE	D	0.15%	0.2%	0.15%
	ARES	A	0.25%	0.2%	0.2%
	ATO	A	0.18%	0.21%	0.18%
	AVB	B	0.27%	0.21%	0.21%
	AVTR	F	0.12%	0.19%	0.12%
	AVY	D	0.13%	0.2%	0.13%
	AWK	D	0.22%	0.2%	0.2%
	AXON	A	0.35%	0.27%	0.27%
	BAH	F	0.16%	0.17%	0.16%
	BALL	D	0.15%	0.21%	0.15%
	BAX	D	0.13%	0.18%	0.13%
	BBY	D	0.16%	0.21%	0.16%
	BG	F	0.1%	0.21%	0.1%
	BIIB	F	0.19%	0.19%	0.19%
	BK	A	0.48%	0.2%	0.2%
	BKR	B	0.35%	0.21%	0.21%
	BLDR	D	0.17%	0.21%	0.17%
	BMRN	D	0.1%	0.2%	0.1%
	BR	A	0.22%	0.21%	0.21%
	BRO	B	0.22%	0.2%	0.2%
	BURL	A	0.14%	0.22%	0.14%
	CAG	D	0.1%	0.19%	0.1%
	CAH	B	0.24%	0.21%	0.21%
	CBOE	B	0.17%	0.2%	0.17%
	CBRE	B	0.33%	0.21%	0.21%
	CCI	D	0.37%	0.2%	0.2%
	CCL	B	0.2%	0.2%	0.2%
	CDW	F	0.2%	0.18%	0.18%
	CE	F	0.07%	0.16%	0.07%
	CF	B	0.13%	0.21%	0.13%
	CFG	B	0.17%	0.2%	0.17%
	CHD	B	0.22%	0.21%	0.21%
	CHTR	C	0.3%	0.19%	0.19%
	CINF	A	0.19%	0.2%	0.19%
	CLX	B	0.17%	0.2%	0.17%
	CMI	A	0.41%	0.21%	0.21%
	CMS	C	0.17%	0.2%	0.17%
	CNC	D	0.25%	0.19%	0.19%
	CNP	B	0.16%	0.21%	0.16%
	COIN	C	0.5%	0.23%	0.23%
	COR	B	0.33%	0.2%	0.2%
	CPAY	A	0.2%	0.21%	0.2%
	CSGP	D	0.24%	0.2%	0.2%
	CSL	C	0.17%	0.2%	0.17%
	CTRA	B	0.16%	0.21%	0.16%
	CTSH	B	0.32%	0.21%	0.21%
	CTVA	C	0.32%	0.19%	0.19%
	CVNA	B	0.21%	0.2%	0.2%
	DAL	C	0.34%	0.21%	0.21%
	DD	D	0.28%	0.2%	0.2%
	DDOG	A	0.31%	0.21%	0.21%
	DECK	A	0.22%	0.22%	0.22%
	DFS	B	0.36%	0.2%	0.2%
	DG	F	0.14%	0.2%	0.14%
	DGX	A	0.15%	0.2%	0.15%
	DHI	D	0.39%	0.2%	0.2%
	DKNG	B	0.15%	0.22%	0.15%
	DLR	B	0.48%	0.21%	0.21%
	DLTR	F	0.11%	0.22%	0.11%
	DOC	D	0.12%	0.19%	0.12%
	DOV	A	0.23%	0.2%	0.2%
	DOW	F	0.26%	0.19%	0.19%
	DPZ	C	0.12%	0.2%	0.12%
	DRI	B	0.16%	0.2%	0.16%
	DTE	C	0.2%	0.2%	0.2%
	DVN	F	0.2%	0.2%	0.2%
	DXCM	D	0.25%	0.22%	0.22%
	EA	A	0.36%	0.21%	0.21%
	EBAY	D	0.26%	0.21%	0.21%
	ED	D	0.28%	0.19%	0.19%
	EFX	F	0.25%	0.2%	0.2%
	EG	C	0.13%	0.2%	0.13%
	EIX	B	0.26%	0.2%	0.2%
	EME	C	0.19%	0.2%	0.19%
	ENTG	D	0.12%	0.2%	0.12%
	EQR	B	0.23%	0.21%	0.21%
	EQT	B	0.21%	0.21%	0.21%
	ES	D	0.18%	0.2%	0.18%
	ESS	B	0.16%	0.21%	0.16%
	ETR	B	0.26%	0.2%	0.2%
	EVRG	A	0.12%	0.21%	0.12%
	EXAS	D	0.07%	0.19%	0.07%
	EXC	C	0.32%	0.2%	0.2%
	EXPD	D	0.14%	0.21%	0.14%
	EXPE	B	0.19%	0.22%	0.19%
	EXR	D	0.28%	0.21%	0.21%
	FANG	D	0.27%	0.2%	0.2%
	FAST	B	0.39%	0.2%	0.2%
	FCNCA	A	0.22%	0.19%	0.19%
	FDS	B	0.15%	0.21%	0.15%
	FE	C	0.2%	0.2%	0.2%
	FICO	B	0.44%	0.22%	0.22%
	FIS	C	0.41%	0.21%	0.21%
	FITB	A	0.26%	0.21%	0.21%
	FNF	B	0.13%	0.2%	0.13%
	FSLR	F	0.17%	0.2%	0.17%
	FTV	C	0.22%	0.21%	0.21%
	GDDY	A	0.21%	0.21%	0.21%
	GEHC	F	0.31%	0.19%	0.19%
	GEN	B	0.13%	0.21%	0.13%
	GGG	B	0.12%	0.2%	0.12%
	GIS	D	0.29%	0.2%	0.2%
	GLW	B	0.29%	0.2%	0.2%
	GPC	D	0.14%	0.2%	0.14%
	GPN	B	0.24%	0.2%	0.2%
	GRMN	B	0.27%	0.2%	0.2%
	GWRE	A	0.13%	0.21%	0.13%
	GWW	B	0.42%	0.2%	0.2%
	HAL	C	0.22%	0.2%	0.2%
	HBAN	A	0.21%	0.2%	0.2%
	HES	B	0.33%	0.2%	0.2%
	HIG	B	0.28%	0.2%	0.2%
	HLT	A	0.5%	0.21%	0.21%
	HOLX	D	0.15%	0.2%	0.15%
	HPE	B	0.23%	0.2%	0.2%
	HPQ	B	0.3%	0.2%	0.2%
	HSY	F	0.21%	0.2%	0.2%
	HUBB	B	0.19%	0.19%	0.19%
	HUBS	A	0.27%	0.23%	0.23%
	HUM	C	0.27%	0.2%	0.2%
	HWM	A	0.37%	0.2%	0.2%
	IBKR	A	0.16%	0.21%	0.16%
	IDXX	F	0.29%	0.2%	0.2%
	IEX	B	0.14%	0.2%	0.14%
	IFF	D	0.18%	0.2%	0.18%
	ILMN	D	0.18%	0.19%	0.18%
	INVH	D	0.17%	0.2%	0.17%
	IP	B	0.16%	0.2%	0.16%
	IQV	D	0.29%	0.19%	0.19%
	IR	B	0.34%	0.2%	0.2%
	IRM	D	0.28%	0.2%	0.2%
	IT	C	0.32%	0.2%	0.2%
	J	F	0.14%	0.19%	0.14%
	JBHT	C	0.12%	0.19%	0.12%
	JBL	B	0.12%	0.19%	0.12%
	JKHY	D	0.1%	0.19%	0.1%
	K	A	0.17%	0.2%	0.17%
	KEY	B	0.15%	0.2%	0.15%
	KEYS	A	0.21%	0.19%	0.19%
	KIM	A	0.14%	0.2%	0.14%
	KMI	A	0.44%	0.2%	0.2%
	KR	B	0.32%	0.2%	0.2%
	KVUE	A	0.38%	0.21%	0.21%
	L	A	0.12%	0.2%	0.12%
	LDOS	C	0.18%	0.17%	0.17%
	LEN	D	0.01%	0.21%	0.01%
	LEN	D	0.33%	0.21%	0.21%
	LH	C	0.16%	0.21%	0.16%
	LHX	C	0.38%	0.19%	0.19%
	LII	A	0.16%	0.2%	0.16%
	LNG	B	0.4%	0.21%	0.21%
	LNT	A	0.13%	0.21%	0.13%
	LPLA	A	0.19%	0.21%	0.19%
	LUV	C	0.16%	0.21%	0.16%
	LVS	C	0.14%	0.19%	0.14%
	LYB	F	0.18%	0.19%	0.18%
	LYV	A	0.17%	0.21%	0.17%
	MAA	B	0.15%	0.21%	0.15%
	MANH	D	0.14%	0.2%	0.14%
	MAS	D	0.14%	0.2%	0.14%
	MCHP	D	0.27%	0.18%	0.18%
	MDB	C	0.16%	0.21%	0.16%
	MKC	D	0.15%	0.2%	0.15%
	MKL	A	0.18%	0.21%	0.18%
	MLM	B	0.29%	0.19%	0.19%
	MOH	F	0.14%	0.19%	0.14%
	MPWR	F	0.22%	0.15%	0.15%
	MRO	B	0.13%	0.2%	0.13%
	MSCI	C	0.38%	0.21%	0.21%
	MSTR	C	0.44%	0.26%	0.26%
	MTB	A	0.29%	0.2%	0.2%
	MTD	D	0.21%	0.18%	0.18%
	NDAQ	A	0.27%	0.2%	0.2%
	NDSN	B	0.12%	0.2%	0.12%
	NET	B	0.22%	0.2%	0.2%
	NI	A	0.14%	0.2%	0.14%
	NRG	B	0.16%	0.2%	0.16%
	NTAP	C	0.2%	0.2%	0.2%
	NTNX	A	0.14%	0.22%	0.14%
	NTRS	A	0.18%	0.2%	0.18%
	NUE	C	0.29%	0.18%	0.18%
	NVR	D	0.21%	0.2%	0.2%
	O	D	0.41%	0.2%	0.2%
	OC	A	0.14%	0.21%	0.14%
	ODFL	B	0.35%	0.2%	0.2%
	OKE	A	0.53%	0.21%	0.21%
	OMC	C	0.15%	0.2%	0.15%
	ON	D	0.23%	0.19%	0.19%
	OTIS	C	0.33%	0.2%	0.2%
	PAYX	C	0.38%	0.2%	0.2%
	PCG	A	0.37%	0.21%	0.21%
	PEG	A	0.37%	0.21%	0.21%
	PFG	D	0.16%	0.2%	0.16%
	PHM	D	0.22%	0.2%	0.2%
	PINS	D	0.14%	0.18%	0.14%
	PKG	A	0.17%	0.2%	0.17%
	PLTR	B	1.09%	0.22%	0.22%
	PNR	A	0.14%	0.21%	0.14%
	PODD	C	0.15%	0.22%	0.15%
	POOL	C	0.11%	0.2%	0.11%
	PPG	F	0.24%	0.2%	0.2%
	PPL	B	0.21%	0.2%	0.2%
	PRU	A	0.38%	0.2%	0.2%
	PSTG	D	0.12%	0.19%	0.12%
	PTC	A	0.19%	0.19%	0.19%
	PWR	A	0.39%	0.21%	0.21%
	RBLX	C	0.21%	0.2%	0.2%
	RCL	A	0.45%	0.21%	0.21%
	RF	A	0.2%	0.21%	0.2%
	RJF	A	0.25%	0.2%	0.2%
	RMD	C	0.28%	0.19%	0.19%
	ROK	B	0.27%	0.2%	0.2%
	ROL	B	0.12%	0.21%	0.12%
	ROST	C	0.38%	0.2%	0.2%
	RPM	A	0.14%	0.2%	0.14%
	RS	B	0.15%	0.19%	0.15%
	RVTY	F	0.11%	0.19%	0.11%
	SBAC	D	0.2%	0.2%	0.2%
	SMCI	F	0.08%	0.17%	0.08%
	SNA	A	0.15%	0.21%	0.15%
	SPG	B	0.48%	0.21%	0.21%
	SQ	B	0.39%	0.22%	0.22%
	SSNC	B	0.13%	0.2%	0.13%
	STE	F	0.18%	0.2%	0.18%
	STLD	B	0.17%	0.18%	0.17%
	STT	A	0.24%	0.2%	0.2%
	SUI	D	0.13%	0.19%	0.13%
	SW	A	0.22%	0.19%	0.19%
	SWK	D	0.11%	0.19%	0.11%
	SWKS	F	0.11%	0.19%	0.11%
	SYF	B	0.21%	0.2%	0.2%
	SYY	B	0.31%	0.19%	0.19%
	TDY	B	0.18%	0.2%	0.18%
	TER	D	0.13%	0.2%	0.13%
	TOL	B	0.13%	0.21%	0.13%
	TPL	A	0.21%	0.21%	0.21%
	TRGP	B	0.35%	0.21%	0.21%
	TRMB	B	0.14%	0.2%	0.14%
	TROW	B	0.21%	0.2%	0.2%
	TRU	D	0.15%	0.19%	0.15%
	TSCO	D	0.24%	0.19%	0.19%
	TSN	B	0.15%	0.22%	0.15%
	TTD	B	0.43%	0.2%	0.2%
	TTWO	A	0.25%	0.22%	0.22%
	TW	A	0.12%	0.2%	0.12%
	TXT	D	0.13%	0.2%	0.13%
	TYL	B	0.21%	0.2%	0.2%
	UAL	A	0.25%	0.21%	0.21%
	ULTA	F	0.14%	0.2%	0.14%
	URI	B	0.46%	0.19%	0.19%
	VEEV	C	0.26%	0.21%	0.21%
	VICI	C	0.27%	0.2%	0.2%
	VLTO	D	0.21%	0.2%	0.2%
	VMC	B	0.3%	0.2%	0.2%
	VRSK	A	0.33%	0.21%	0.21%
	VRSN	F	0.13%	0.2%	0.13%
	VRT	B	0.36%	0.21%	0.21%
	VST	B	0.4%	0.23%	0.23%
	VTR	C	0.21%	0.2%	0.2%
	VTRS	A	0.13%	0.22%	0.13%
	WAB	B	0.28%	0.2%	0.2%
	WAT	B	0.17%	0.2%	0.17%
	WBD	C	0.18%	0.24%	0.18%
	WDC	D	0.17%	0.18%	0.17%
	WEC	A	0.26%	0.2%	0.2%
	WMB	A	0.57%	0.2%	0.2%
	WPC	D	0.1%	0.2%	0.1%
	WRB	A	0.15%	0.2%	0.15%
	WSM	B	0.14%	0.21%	0.14%
	WSO	A	0.15%	0.21%	0.15%
	WST	C	0.19%	0.21%	0.19%
	WTW	B	0.26%	0.2%	0.2%
	WY	D	0.19%	0.2%	0.19%
	XEL	A	0.32%	0.21%	0.21%
	XYL	D	0.24%	0.2%	0.2%
	YUM	B	0.31%	0.21%	0.21%
	ZBH	C	0.19%	0.2%	0.19%
	ZBRA	B	0.16%	0.2%	0.16%
	ZM	B	0.18%	0.21%	0.18%
	ZS	C	0.15%	0.22%	0.15%

IWR Overweight 509 Positions Relative to GSEW

	Symbol	Grade	Weight
	FERG	B	0.33%
	CPNG	D	0.23%
	HOOD	B	0.18%
	EXE	B	0.18%
	COO	D	0.16%
	TOST	B	0.15%
	TWLO	A	0.14%
	NTRA	B	0.14%
	XPO	B	0.14%
	FWONK	B	0.14%
	HEI	B	0.14%
	RGA	A	0.13%
	DT	C	0.13%
	FIX	A	0.13%
	UTHR	C	0.13%
	DOCU	A	0.13%
	SOFI	A	0.12%
	EQH	B	0.12%
	EWBC	A	0.12%
	APTV	D	0.12%
	ACM	A	0.12%
	UDR	B	0.12%
	AMCR	D	0.12%
	USFD	A	0.12%
	THC	D	0.12%
	CASY	A	0.12%
	PFGC	B	0.11%
	CHRW	C	0.11%
	GLPI	C	0.11%
	JEF	A	0.11%
	AFRM	B	0.11%
	EPAM	C	0.11%
	ELS	C	0.11%
	TPR	B	0.11%
	TXRH	C	0.11%
	RNR	C	0.11%
	REG	B	0.11%
	CW	B	0.11%
	SAIA	B	0.11%
	FFIV	B	0.11%
	BJ	A	0.1%
	BWXT	B	0.1%
	OVV	B	0.1%
	Z	A	0.1%
	UHS	D	0.1%
	UNM	A	0.1%
	NBIX	C	0.1%
	OKTA	C	0.1%
	EMN	D	0.1%
	JNPR	F	0.1%
	HEI	B	0.1%
	NVT	B	0.1%
	SCI	B	0.1%
	FTI	A	0.1%
	HST	C	0.1%
	INCY	C	0.1%
	ALB	C	0.1%
	ALLE	D	0.1%
	KMX	B	0.1%
	BXP	D	0.1%
	CPT	B	0.1%
	JLL	D	0.1%
	ITT	A	0.1%
	COHR	B	0.1%
	CLH	B	0.1%
	AMH	D	0.1%
	WBS	A	0.09%
	PRI	A	0.09%
	CACI	D	0.09%
	PNW	B	0.09%
	FOXA	B	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%
	FND	C	0.09%
	CUBE	D	0.09%
	LW	C	0.09%
	NWSA	B	0.09%
	LAMR	D	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%
	DKS	C	0.09%
	FHN	A	0.09%
	PAYC	B	0.09%
	DAY	B	0.09%
	RRX	B	0.09%
	DUOL	A	0.09%
	NCLH	B	0.09%
	LECO	B	0.09%
	OWL	A	0.09%
	AIZ	A	0.09%
	SF	B	0.09%
	TFX	F	0.08%
	FBIN	D	0.08%
	AAON	B	0.08%
	TPX	B	0.08%
	GMED	A	0.08%
	DCI	B	0.08%
	WMS	D	0.08%
	RGLD	C	0.08%
	WYNN	D	0.08%
	INGR	B	0.08%
	WING	D	0.08%
	ORI	A	0.08%
	SOLV	C	0.08%
	FRT	B	0.08%
	BRBR	A	0.08%
	TKO	B	0.08%
	SRPT	D	0.08%
	PNFP	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%
	PR	B	0.08%
	GL	B	0.08%
	HLI	B	0.08%
	WTRG	B	0.08%
	WAL	B	0.08%
	CHDN	B	0.08%
	LBRDK	C	0.08%
	ARMK	B	0.08%
	EHC	B	0.08%
	MUSA	A	0.08%
	DTM	B	0.08%
	NLY	C	0.08%
	OHI	C	0.08%
	AFG	A	0.08%
	ALLY	C	0.08%
	AES	F	0.08%
	EXEL	B	0.08%
	GME	C	0.08%
	LKQ	D	0.08%
	EXP	A	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%
	KNSL	B	0.08%
	CHRD	D	0.07%
	MTCH	D	0.07%
	MEDP	D	0.07%
	RRC	B	0.07%
	ACI	C	0.07%
	X	C	0.07%
	SEIC	B	0.07%
	CZR	F	0.07%
	SKX	D	0.07%
	SNV	B	0.07%
	APG	B	0.07%
	DVA	B	0.07%
	APA	D	0.07%
	CNM	D	0.07%
	CFR	B	0.07%
	VOYA	B	0.07%
	PLNT	A	0.07%
	CPB	D	0.07%
	CHE	D	0.07%
	RIVN	F	0.07%
	EGP	F	0.07%
	HRB	D	0.07%
	RL	B	0.07%
	GPK	C	0.07%
	MOS	F	0.07%
	LNW	D	0.07%
	HRL	D	0.07%
	NYT	C	0.07%
	MTZ	B	0.07%
	TTC	D	0.07%
	CR	A	0.07%
	GLOB	B	0.07%
	WTFC	A	0.07%
	CBSH	A	0.07%
	ZION	B	0.07%
	OGE	B	0.07%
	ITCI	C	0.07%
	FYBR	D	0.07%
	HAS	D	0.07%
	BILL	A	0.07%
	AOS	F	0.07%
	CMA	A	0.07%
	BRX	A	0.07%
	MGM	D	0.07%
	SNX	C	0.07%
	PCTY	B	0.07%
	ROKU	D	0.07%
	KNX	B	0.07%
	PEN	B	0.07%
	HSIC	B	0.07%
	AR	B	0.07%
	AXTA	A	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%
	H	B	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	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%
	FR	C	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%
	AGNC	D	0.06%
	GTLB	B	0.06%
	BBWI	D	0.06%
	OSK	B	0.06%
	VNO	B	0.06%
	S	B	0.06%
	LPX	B	0.06%
	MIDD	C	0.06%
	COKE	C	0.06%
	CART	C	0.06%
	RLI	B	0.06%
	RYAN	B	0.06%
	WEX	D	0.06%
	PCOR	B	0.06%
	PB	A	0.06%
	TREX	C	0.06%
	MHK	D	0.06%
	WH	B	0.06%
	KEX	C	0.06%
	SMAR	A	0.06%
	RHI	B	0.06%
	JAZZ	B	0.06%
	ADC	B	0.06%
	SSD	D	0.06%
	OLED	D	0.06%
	HII	D	0.06%
	NNN	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%
	VVV	F	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%
	FOX	A	0.05%
	JHG	A	0.05%
	ETSY	D	0.05%
	CROX	D	0.05%
	AGCO	D	0.05%
	THG	A	0.05%
	VNT	B	0.05%
	AMG	B	0.05%
	LFUS	F	0.05%
	FNB	A	0.05%
	WFRD	D	0.05%
	IDA	A	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%
	SITE	D	0.05%
	OMF	A	0.05%
	ESI	A	0.05%
	SIRI	C	0.05%
	SAIC	F	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%
	COLB	A	0.05%
	LSTR	D	0.05%
	BSY	D	0.05%
	ELF	C	0.05%
	DBX	B	0.05%
	FAF	A	0.05%
	STAG	F	0.05%
	LYFT	C	0.05%
	AZEK	A	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%
	CELH	F	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%
	BYD	C	0.04%
	NXST	C	0.04%
	INSP	D	0.04%
	UGI	A	0.04%
	AL	B	0.04%
	BROS	B	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	B	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	LEA	D	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	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%
	MDU	D	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%
	AN	C	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%
	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	F	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%
	AGR	B	0.02%
	BOKF	B	0.02%
	WU	D	0.02%
	CXT	B	0.02%
	APLS	D	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	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%
	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	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 196 Positions Relative to GSEW

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

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 Capital Markets Asset Management Banks - Regional - US Specialty Retail Drug Manufacturers - Major Oil & Gas E&P Software - Infrastructure Aerospace & Defense Insurance - Property & Casualty Medical Devices Specialty Chemicals Credit Services Health Care Plans Household & Personal Products

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