IWR vs. GSLC ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC)

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

$87.84

Average Daily Volume

1,162,623

Number of Holdings ^*

801

* may have additional holdings in another (foreign) market

GSLC

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology.

Grade (RS Rating)

Last Trade

$112.30

Average Daily Volume

197,998

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

Performance

Period	IWR	GSLC
30 Days	4.01%	2.44%
60 Days	5.34%	4.16%
90 Days	8.08%	4.95%
12 Months	25.25%	31.59%

248 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in GSLC	Overlap
	A	C	0.35%	0.06%	0.06%
	ACGL	C	0.35%	0.18%	0.18%
	ADM	D	0.26%	0.18%	0.18%
	AFL	C	0.54%	0.15%	0.15%
	AJG	D	0.56%	0.2%	0.2%
	AKAM	D	0.13%	0.13%	0.13%
	ALGN	D	0.16%	0.07%	0.07%
	ALL	B	0.43%	0.09%	0.09%
	ALNY	C	0.29%	0.05%	0.05%
	AME	C	0.34%	0.12%	0.12%
	AMP	A	0.39%	0.31%	0.31%
	ANSS	D	0.24%	0.02%	0.02%
	APA	F	0.08%	0.02%	0.02%
	ARE	C	0.19%	0.04%	0.04%
	ARES	B	0.23%	0.06%	0.06%
	ATO	B	0.18%	0.11%	0.11%
	AVB	B	0.29%	0.07%	0.07%
	AVTR	B	0.16%	0.05%	0.05%
	AVY	C	0.15%	0.15%	0.15%
	AXON	B	0.24%	0.06%	0.06%
	BAH	C	0.18%	0.07%	0.07%
	BBY	C	0.19%	0.24%	0.19%
	BG	D	0.12%	0.15%	0.12%
	BIIB	F	0.25%	0.11%	0.11%
	BK	B	0.45%	0.32%	0.32%
	BLDR	C	0.19%	0.46%	0.19%
	BR	D	0.22%	0.14%	0.14%
	BRO	C	0.22%	0.15%	0.15%
	CAG	C	0.13%	0.18%	0.13%
	CAH	C	0.24%	0.13%	0.13%
	CBOE	C	0.19%	0.15%	0.15%
	CBRE	A	0.32%	0.05%	0.05%
	CCL	C	0.15%	0.17%	0.15%
	CDW	D	0.26%	0.12%	0.12%
	CE	F	0.12%	0.11%	0.11%
	CF	C	0.13%	0.09%	0.09%
	CFG	C	0.16%	0.07%	0.07%
	CHD	D	0.22%	0.13%	0.13%
	CHTR	D	0.28%	0.13%	0.13%
	CINF	C	0.18%	0.11%	0.11%
	CLX	C	0.18%	0.17%	0.17%
	CMI	C	0.36%	0.08%	0.08%
	CMS	C	0.18%	0.06%	0.06%
	CNC	D	0.35%	0.24%	0.24%
	CNP	C	0.15%	0.05%	0.05%
	COIN	F	0.28%	0.05%	0.05%
	CPAY	B	0.19%	0.05%	0.05%
	CSL	B	0.17%	0.09%	0.09%
	CTRA	F	0.15%	0.03%	0.03%
	CTSH	C	0.34%	0.17%	0.17%
	CTVA	B	0.35%	0.02%	0.02%
	DAL	C	0.25%	0.11%	0.11%
	DDOG	D	0.29%	0.02%	0.02%
	DECK	C	0.21%	0.25%	0.21%
	DFS	C	0.29%	0.2%	0.2%
	DG	F	0.16%	0.03%	0.03%
	DGX	B	0.15%	0.14%	0.14%
	DHI	B	0.5%	0.18%	0.18%
	DLR	B	0.45%	0.04%	0.04%
	DLTR	F	0.12%	0.05%	0.05%
	DOV	B	0.22%	0.11%	0.11%
	DOW	D	0.31%	0.08%	0.08%
	DPZ	F	0.12%	0.15%	0.12%
	DRI	B	0.17%	0.13%	0.13%
	DTE	C	0.23%	0.02%	0.02%
	DVN	F	0.22%	0.02%	0.02%
	EA	D	0.34%	0.23%	0.23%
	EBAY	B	0.28%	0.11%	0.11%
	ED	C	0.32%	0.07%	0.07%
	EG	C	0.15%	0.11%	0.11%
	EIX	C	0.28%	0.02%	0.02%
	EME	B	0.16%	0.11%	0.11%
	EPAM	F	0.1%	0.08%	0.08%
	EQR	B	0.26%	0.07%	0.07%
	ESS	B	0.18%	0.06%	0.06%
	ETR	B	0.24%	0.06%	0.06%
	EVRG	B	0.12%	0.06%	0.06%
	EXC	C	0.35%	0.04%	0.04%
	EXPD	C	0.15%	0.11%	0.11%
	EXPE	C	0.15%	0.16%	0.15%
	FANG	D	0.27%	0.06%	0.06%
	FAST	C	0.35%	0.35%	0.35%
	FCNCA	D	0.19%	0.11%	0.11%
	FDS	C	0.15%	0.11%	0.11%
	FE	C	0.22%	0.06%	0.06%
	FICO	B	0.39%	0.44%	0.39%
	FIS	B	0.41%	0.03%	0.03%
	FITB	B	0.25%	0.02%	0.02%
	FTV	C	0.23%	0.08%	0.08%
	GDDY	C	0.19%	0.18%	0.18%
	GEHC	C	0.32%	0.02%	0.02%
	GGG	C	0.12%	0.09%	0.09%
	GIS	B	0.36%	0.05%	0.05%
	GLW	C	0.28%	0.07%	0.07%
	GPC	D	0.17%	0.06%	0.06%
	GPN	D	0.25%	0.05%	0.05%
	GRMN	D	0.23%	0.1%	0.1%
	GWW	B	0.38%	0.41%	0.38%
	HAL	F	0.22%	0.03%	0.03%
	HBAN	B	0.18%	0.03%	0.03%
	HIG	B	0.3%	0.23%	0.23%
	HLT	B	0.47%	0.13%	0.13%
	HOLX	C	0.16%	0.16%	0.16%
	HPE	D	0.19%	0.26%	0.19%
	HPQ	D	0.28%	0.08%	0.08%
	HST	C	0.11%	0.17%	0.11%
	HSY	C	0.26%	0.08%	0.08%
	HUBB	B	0.19%	0.07%	0.07%
	HUBS	D	0.21%	0.18%	0.18%
	HUM	F	0.34%	0.04%	0.04%
	HWM	B	0.34%	0.11%	0.11%
	IDXX	C	0.36%	0.32%	0.32%
	IEX	D	0.13%	0.13%	0.13%
	IFF	B	0.23%	0.04%	0.04%
	INVH	C	0.2%	0.08%	0.08%
	IP	B	0.15%	0.05%	0.05%
	IPG	C	0.1%	0.12%	0.1%
	IQV	C	0.38%	0.1%	0.1%
	IR	C	0.32%	0.09%	0.09%
	IRM	C	0.3%	0.12%	0.12%
	IT	B	0.34%	0.23%	0.23%
	J	C	0.16%	0.05%	0.05%
	JBL	D	0.11%	0.12%	0.11%
	JKHY	B	0.11%	0.13%	0.11%
	K	B	0.18%	0.05%	0.05%
	KEY	B	0.13%	0.02%	0.02%
	KEYS	C	0.23%	0.1%	0.1%
	KMI	B	0.36%	0.2%	0.2%
	KR	C	0.32%	0.42%	0.32%
	KVUE	C	0.39%	0.06%	0.06%
	L	C	0.13%	0.17%	0.13%
	LDOS	B	0.18%	0.23%	0.18%
	LECO	F	0.09%	0.05%	0.05%
	LEN	B	0.02%	0.33%	0.02%
	LEN	B	0.39%	0.33%	0.33%
	LHX	C	0.38%	0.05%	0.05%
	LII	B	0.17%	0.2%	0.17%
	LKQ	F	0.1%	0.18%	0.1%
	LNG	C	0.36%	0.07%	0.07%
	LNT	B	0.13%	0.09%	0.09%
	LPLA	D	0.13%	0.1%	0.1%
	LVS	D	0.13%	0.03%	0.03%
	LYB	D	0.21%	0.11%	0.11%
	LYV	B	0.14%	0.03%	0.03%
	MAA	B	0.17%	0.07%	0.07%
	MANH	B	0.14%	0.29%	0.14%
	MAS	B	0.15%	0.18%	0.15%
	MCHP	F	0.36%	0.1%	0.1%
	MKL	C	0.18%	0.12%	0.12%
	MLM	D	0.28%	0.05%	0.05%
	MOH	D	0.18%	0.02%	0.02%
	MPWR	C	0.38%	0.07%	0.07%
	MRO	D	0.13%	0.09%	0.09%
	MSTR	D	0.19%	0.06%	0.06%
	MTB	B	0.25%	0.04%	0.04%
	MTD	D	0.25%	0.27%	0.25%
	NDAQ	A	0.26%	0.05%	0.05%
	NDSN	C	0.12%	0.11%	0.11%
	NI	B	0.13%	0.07%	0.07%
	NRG	C	0.15%	0.14%	0.14%
	NTAP	D	0.21%	0.15%	0.15%
	NTNX	C	0.13%	0.2%	0.13%
	NTRS	A	0.16%	0.13%	0.13%
	NUE	F	0.3%	0.15%	0.15%
	NVR	B	0.24%	0.09%	0.09%
	O	C	0.47%	0.02%	0.02%
	OC	D	0.13%	0.1%	0.1%
	ODFL	D	0.33%	0.03%	0.03%
	OKE	B	0.47%	0.15%	0.15%
	OKTA	F	0.1%	0.05%	0.05%
	OMC	B	0.17%	0.15%	0.15%
	ON	D	0.27%	0.1%	0.1%
	OTIS	C	0.33%	0.15%	0.15%
	OVV	F	0.09%	0.04%	0.04%
	PAYX	C	0.38%	0.07%	0.07%
	PCG	C	0.37%	0.03%	0.03%
	PEG	C	0.37%	0.09%	0.09%
	PFG	B	0.17%	0.19%	0.17%
	PHM	B	0.26%	0.32%	0.26%
	PINS	F	0.15%	0.22%	0.15%
	PKG	B	0.16%	0.1%	0.1%
	PODD	B	0.14%	0.12%	0.12%
	POOL	C	0.12%	0.06%	0.06%
	PPG	D	0.26%	0.1%	0.1%
	PPL	C	0.21%	0.08%	0.08%
	PRU	C	0.37%	0.13%	0.13%
	PSTG	F	0.12%	0.16%	0.12%
	PTC	D	0.18%	0.16%	0.16%
	PWR	B	0.34%	0.07%	0.07%
	RBLX	B	0.2%	0.02%	0.02%
	RCL	B	0.35%	0.1%	0.1%
	RF	B	0.18%	0.03%	0.03%
	RJF	C	0.2%	0.1%	0.1%
	RMD	C	0.32%	0.02%	0.02%
	ROST	C	0.45%	0.1%	0.1%
	RPM	B	0.13%	0.13%	0.13%
	RS	D	0.14%	0.13%	0.13%
	SJM	C	0.11%	0.02%	0.02%
	SMCI	F	0.2%	0.06%	0.06%
	SNA	C	0.13%	0.1%	0.1%
	SPG	B	0.46%	0.07%	0.07%
	SSNC	B	0.14%	0.25%	0.14%
	STE	C	0.21%	0.08%	0.08%
	STLD	F	0.15%	0.1%	0.1%
	STT	B	0.22%	0.21%	0.21%
	SUI	B	0.16%	0.05%	0.05%
	SWK	B	0.14%	0.17%	0.14%
	SWKS	D	0.14%	0.18%	0.14%
	SYF	C	0.17%	0.32%	0.17%
	SYY	D	0.33%	0.22%	0.22%
	TDY	B	0.18%	0.13%	0.13%
	TER	D	0.18%	0.12%	0.12%
	TRGP	B	0.28%	0.1%	0.1%
	TRMB	C	0.12%	0.06%	0.06%
	TROW	D	0.2%	0.07%	0.07%
	TSCO	C	0.27%	0.2%	0.2%
	TSN	C	0.15%	0.05%	0.05%
	TTWO	C	0.22%	0.06%	0.06%
	TXT	D	0.15%	0.17%	0.15%
	TYL	C	0.22%	0.06%	0.06%
	ULTA	D	0.16%	0.23%	0.16%
	URI	B	0.42%	0.02%	0.02%
	VICI	C	0.31%	0.1%	0.1%
	VLTO	C	0.24%	0.12%	0.12%
	VMC	D	0.27%	0.06%	0.06%
	VRSK	D	0.33%	0.11%	0.11%
	VRSN	D	0.14%	0.33%	0.14%
	VRT	C	0.27%	0.11%	0.11%
	VST	C	0.26%	0.17%	0.17%
	VTR	C	0.23%	0.02%	0.02%
	VTRS	D	0.12%	0.36%	0.12%
	WAB	A	0.26%	0.2%	0.2%
	WAT	C	0.17%	0.08%	0.08%
	WBD	D	0.18%	0.24%	0.18%
	WDC	D	0.19%	0.07%	0.07%
	WEC	C	0.26%	0.03%	0.03%
	WMB	B	0.48%	0.21%	0.21%
	WPC	C	0.12%	0.05%	0.05%
	WRB	C	0.16%	0.09%	0.09%
	WSM	D	0.16%	0.14%	0.14%
	WSO	C	0.14%	0.07%	0.07%
	WTW	C	0.26%	0.03%	0.03%
	WY	C	0.21%	0.04%	0.04%
	XYL	D	0.28%	0.09%	0.09%
	YUM	D	0.33%	0.27%	0.27%
	ZBH	F	0.19%	0.08%	0.08%
	ZM	C	0.15%	0.18%	0.15%
	ZS	F	0.14%	0.03%	0.03%

IWR Overweight 553 Positions Relative to GSLC

	Symbol	Grade	Weight
	PLTR	B	0.63%
	CCI	C	0.45%
	TTD	B	0.41%
	MSCI	C	0.38%
	COR	D	0.35%
	FERG	D	0.34%
	EXR	B	0.33%
	EFX	B	0.33%
	XEL	B	0.31%
	SQ	D	0.31%
	HES	F	0.31%
	DD	B	0.3%
	BKR	C	0.29%
	CSGP	D	0.28%
	VEEV	C	0.28%
	APP	C	0.26%
	ROK	D	0.26%
	AWK	B	0.25%
	DXCM	F	0.24%
	CPNG	B	0.24%
	SBAC	C	0.23%
	NET	D	0.21%
	ES	C	0.21%
	FSLR	C	0.21%
	AEE	C	0.2%
	COO	B	0.19%
	WST	D	0.19%
	BAX	C	0.18%
	ILMN	C	0.18%
	BALL	C	0.18%
	MKC	C	0.18%
	TRU	B	0.17%
	EQT	D	0.17%
	MDB	D	0.17%
	LH	C	0.16%
	APTV	D	0.16%
	HEI	B	0.15%
	ENTG	F	0.15%
	DKNG	C	0.15%
	LUV	C	0.15%
	ZBRA	B	0.15%
	BURL	B	0.15%
	FWONK	C	0.14%
	TOL	B	0.14%
	THC	A	0.14%
	AMCR	B	0.14%
	KIM	C	0.14%
	DOC	C	0.14%
	BMRN	F	0.14%
	UAL	C	0.14%
	NTRA	C	0.13%
	ENPH	D	0.13%
	HOOD	C	0.13%
	UTHR	C	0.13%
	CVNA	B	0.13%
	GEN	B	0.13%
	RVTY	B	0.13%
	FNF	B	0.13%
	PNR	B	0.13%
	TPL	B	0.13%
	UDR	C	0.13%
	ACM	B	0.12%
	DT	C	0.12%
	IBKR	B	0.12%
	UHS	B	0.12%
	RNR	C	0.12%
	GLPI	C	0.12%
	TW	B	0.12%
	REG	C	0.12%
	USFD	B	0.12%
	AMH	C	0.12%
	JBHT	D	0.12%
	ELS	C	0.12%
	GWRE	A	0.12%
	ROL	C	0.12%
	CASY	D	0.12%
	RGA	C	0.12%
	CUBE	C	0.11%
	CW	B	0.11%
	EMN	B	0.11%
	NBIX	F	0.11%
	FIX	B	0.11%
	FFIV	B	0.11%
	BLD	D	0.11%
	TTEK	C	0.11%
	DKS	D	0.11%
	ALLE	B	0.11%
	KMX	D	0.11%
	JNPR	B	0.11%
	EQH	C	0.11%
	XPO	D	0.11%
	BXP	B	0.11%
	CLH	A	0.11%
	CPT	B	0.11%
	AES	C	0.11%
	REXR	C	0.1%
	TXRH	C	0.1%
	NVT	D	0.1%
	RIVN	F	0.1%
	EWBC	D	0.1%
	ITT	B	0.1%
	SRPT	D	0.1%
	PFGC	B	0.1%
	LAMR	B	0.1%
	SCI	B	0.1%
	HEI	B	0.1%
	SAIA	D	0.1%
	CHRW	B	0.1%
	DOCU	C	0.1%
	SW	B	0.1%
	TECH	C	0.1%
	WING	B	0.1%
	TFX	C	0.1%
	TOST	C	0.1%
	INCY	C	0.1%
	EXAS	C	0.1%
	FND	C	0.1%
	JLL	B	0.1%
	OLED	C	0.09%
	CHDN	C	0.09%
	TPR	C	0.09%
	WMS	D	0.09%
	CPB	C	0.09%
	AFG	B	0.09%
	GL	C	0.09%
	WWD	D	0.09%
	WTRG	D	0.09%
	DOX	C	0.09%
	NWSA	D	0.09%
	ARMK	B	0.09%
	LNW	B	0.09%
	OHI	B	0.09%
	ATR	B	0.09%
	MUSA	D	0.09%
	AFRM	C	0.09%
	CRL	F	0.09%
	AIZ	B	0.09%
	KNSL	C	0.09%
	ALB	D	0.09%
	NLY	B	0.09%
	RRX	C	0.09%
	PNW	C	0.09%
	COHR	C	0.09%
	TWLO	D	0.09%
	QRVO	F	0.09%
	FBIN	B	0.09%
	HII	D	0.09%
	FTI	D	0.09%
	CACI	B	0.09%
	JEF	B	0.09%
	CCK	A	0.09%
	BJ	D	0.09%
	CTLT	B	0.09%
	RPRX	C	0.09%
	PAYC	D	0.08%
	SF	A	0.08%
	FHN	D	0.08%
	TPX	C	0.08%
	EVR	A	0.08%
	TTC	D	0.08%
	DAY	D	0.08%
	WAL	B	0.08%
	HRB	C	0.08%
	OWL	C	0.08%
	CG	D	0.08%
	INGR	B	0.08%
	MGM	F	0.08%
	NNN	C	0.08%
	MEDP	F	0.08%
	EGP	B	0.08%
	FYBR	C	0.08%
	BWXT	D	0.08%
	PRI	B	0.08%
	HSIC	C	0.08%
	ORI	B	0.08%
	SKX	D	0.08%
	CNH	D	0.08%
	ALLY	F	0.08%
	GPK	B	0.08%
	TKO	B	0.08%
	LW	D	0.08%
	EHC	C	0.08%
	EXP	B	0.08%
	MTCH	C	0.08%
	HRL	C	0.08%
	CAVA	B	0.08%
	ROKU	C	0.08%
	RGLD	C	0.08%
	Z	B	0.08%
	MKTX	C	0.08%
	HAS	B	0.08%
	AOS	D	0.08%
	FOXA	B	0.08%
	TAP	D	0.08%
	FRT	C	0.08%
	ONTO	D	0.08%
	SOLV	C	0.08%
	CHK	D	0.08%
	BWA	D	0.07%
	MKSI	F	0.07%
	CR	C	0.07%
	BERY	B	0.07%
	ADC	C	0.07%
	LAD	D	0.07%
	BRBR	C	0.07%
	VOYA	B	0.07%
	ATI	D	0.07%
	EXEL	C	0.07%
	AXTA	B	0.07%
	CROX	D	0.07%
	AR	F	0.07%
	ALSN	B	0.07%
	SSD	D	0.07%
	COKE	C	0.07%
	WBS	D	0.07%
	ITCI	D	0.07%
	FCN	D	0.07%
	RGEN	D	0.07%
	APG	D	0.07%
	GMED	D	0.07%
	FMC	C	0.07%
	AYI	B	0.07%
	HLI	B	0.07%
	SOFI	C	0.07%
	WYNN	D	0.07%
	X	F	0.07%
	CIEN	C	0.07%
	ACI	F	0.07%
	BFAM	C	0.07%
	RBC	C	0.07%
	OGE	C	0.07%
	AA	D	0.07%
	KNX	C	0.07%
	GNRC	D	0.07%
	NCLH	C	0.07%
	GLOB	D	0.07%
	DVA	B	0.07%
	COLD	D	0.07%
	MORN	C	0.07%
	KBR	D	0.07%
	WEX	C	0.07%
	MHK	C	0.07%
	CHRD	F	0.07%
	UNM	B	0.07%
	DUOL	B	0.07%
	CZR	C	0.07%
	MOS	F	0.07%
	DCI	C	0.07%
	BRX	B	0.07%
	PR	F	0.07%
	CHE	C	0.07%
	SNX	D	0.07%
	NYT	C	0.07%
	BIO	C	0.06%
	STWD	A	0.06%
	CART	A	0.06%
	AZEK	C	0.06%
	LPX	B	0.06%
	RLI	B	0.06%
	H	C	0.06%
	VNO	C	0.06%
	AAON	B	0.06%
	GTLB	D	0.06%
	RHI	D	0.06%
	CFR	C	0.06%
	LSTR	D	0.06%
	MSA	D	0.06%
	MAT	C	0.06%
	VFC	C	0.06%
	ETSY	F	0.06%
	PB	B	0.06%
	FRPT	B	0.06%
	WBA	F	0.06%
	OSK	F	0.06%
	IONS	F	0.06%
	SMAR	C	0.06%
	RYAN	D	0.06%
	WFRD	F	0.06%
	JAZZ	D	0.06%
	SNV	C	0.06%
	CGNX	F	0.06%
	FAF	B	0.06%
	SEIC	C	0.06%
	LBRDK	F	0.06%
	ARW	C	0.06%
	GNTX	F	0.06%
	ZION	D	0.06%
	MTG	B	0.06%
	CNM	F	0.06%
	WTFC	C	0.06%
	MTN	D	0.06%
	SN	B	0.06%
	RRC	D	0.06%
	G	C	0.06%
	BRKR	D	0.06%
	RL	C	0.06%
	SWN	D	0.06%
	PEN	D	0.06%
	KEX	C	0.06%
	PCTY	C	0.06%
	AAL	D	0.06%
	WCC	D	0.06%
	BSY	D	0.06%
	UHAL	A	0.06%
	VKTX	C	0.06%
	MTZ	B	0.06%
	SAIC	C	0.06%
	MIDD	D	0.06%
	BPOP	C	0.06%
	ACHC	C	0.06%
	ELAN	D	0.06%
	TREX	D	0.06%
	HR	C	0.06%
	PLNT	B	0.06%
	AGNC	B	0.06%
	CRUS	D	0.06%
	STAG	C	0.06%
	PNFP	B	0.06%
	WSC	D	0.06%
	DINO	F	0.06%
	CMA	B	0.06%
	CBSH	C	0.06%
	DTM	B	0.06%
	FR	B	0.06%
	VNT	F	0.05%
	OLN	D	0.05%
	RARE	B	0.05%
	ST	D	0.05%
	FNB	C	0.05%
	WHR	D	0.05%
	S	C	0.05%
	THO	D	0.05%
	IDA	C	0.05%
	KD	D	0.05%
	ALK	C	0.05%
	FIVE	D	0.05%
	NXST	D	0.05%
	OGN	D	0.05%
	VVV	D	0.05%
	CIVI	F	0.05%
	BILL	D	0.05%
	LAZ	B	0.05%
	OMF	D	0.05%
	BC	C	0.05%
	THG	B	0.05%
	SON	C	0.05%
	VMI	D	0.05%
	PVH	F	0.05%
	XRAY	D	0.05%
	AMG	C	0.05%
	NFG	B	0.05%
	AWI	B	0.05%
	GME	F	0.05%
	DAR	F	0.05%
	CLF	F	0.05%
	MDU	C	0.05%
	AGCO	D	0.05%
	MTSI	D	0.05%
	ESAB	C	0.05%
	SRCL	A	0.05%
	BEN	F	0.05%
	ESI	D	0.05%
	POST	C	0.05%
	RITM	B	0.05%
	MTDR	F	0.05%
	IVZ	B	0.05%
	U	D	0.05%
	CELH	F	0.05%
	OLLI	C	0.05%
	SIRI	C	0.05%
	LEA	F	0.05%
	GXO	D	0.05%
	INSP	C	0.05%
	AZPN	B	0.05%
	PCOR	F	0.05%
	LFUS	C	0.05%
	DBX	D	0.05%
	LSCC	D	0.05%
	ESTC	F	0.05%
	WH	B	0.05%
	R	A	0.05%
	BBWI	F	0.05%
	ELF	F	0.05%
	FLS	D	0.05%
	AXS	B	0.05%
	PARA	F	0.05%
	SITE	C	0.05%
	NOV	F	0.05%
	LYFT	D	0.04%
	M	F	0.04%
	SLGN	B	0.04%
	LOPE	D	0.04%
	DLB	F	0.04%
	ROIV	C	0.04%
	BYD	C	0.04%
	GAP	F	0.04%
	PII	D	0.04%
	EEFT	D	0.04%
	KRC	C	0.04%
	ASH	D	0.04%
	CPRI	D	0.04%
	FLO	C	0.04%
	AN	D	0.04%
	W	D	0.04%
	WTM	D	0.04%
	AGO	C	0.04%
	CUZ	B	0.04%
	SEE	D	0.04%
	PSN	B	0.04%
	OZK	D	0.04%
	AL	D	0.04%
	LNC	D	0.04%
	HOG	C	0.04%
	SLM	D	0.04%
	RYN	C	0.04%
	AVT	C	0.04%
	WLK	D	0.04%
	DOCS	B	0.04%
	JHG	B	0.04%
	TPG	B	0.04%
	RH	B	0.04%
	MASI	F	0.04%
	CCCS	D	0.04%
	CFLT	F	0.04%
	FOX	B	0.04%
	PATH	D	0.04%
	APPF	D	0.04%
	UGI	C	0.04%
	HXL	F	0.04%
	AM	C	0.04%
	FOUR	C	0.04%
	COLB	B	0.04%
	TKR	D	0.04%
	PAG	D	0.03%
	CXT	D	0.03%
	SMG	C	0.03%
	WU	F	0.03%
	PK	D	0.03%
	TNL	D	0.03%
	PEGA	C	0.03%
	FHB	D	0.03%
	WEN	C	0.03%
	PENN	D	0.03%
	BROS	D	0.03%
	AMED	C	0.03%
	CNXC	F	0.03%
	IRDM	D	0.03%
	NWS	D	0.03%
	NWL	C	0.03%
	HCP	B	0.03%
	ZI	D	0.03%
	NVST	D	0.03%
	LBTYA	B	0.03%
	YETI	D	0.03%
	NSA	B	0.03%
	MAN	C	0.03%
	AMKR	F	0.03%
	HIW	B	0.03%
	GTES	C	0.03%
	DNB	C	0.03%
	LBTYK	B	0.03%
	LCID	C	0.03%
	CHH	C	0.03%
	HUN	D	0.03%
	EPR	B	0.03%
	MSM	D	0.03%
	KMPR	D	0.03%
	COTY	F	0.03%
	LITE	B	0.03%
	NEU	D	0.03%
	PRGO	D	0.03%
	MPW	C	0.03%
	MSGS	B	0.03%
	DXC	C	0.03%
	SPR	D	0.03%
	IAC	C	0.03%
	GFS	F	0.03%
	VNOM	C	0.03%
	APLS	F	0.03%
	REYN	C	0.02%
	FWONA	C	0.02%
	FTRE	D	0.02%
	AS	C	0.02%
	BIRK	F	0.02%
	MP	D	0.02%
	HAYW	C	0.02%
	IPGP	F	0.02%
	LLYVK	B	0.02%
	VSTS	D	0.02%
	ADT	D	0.02%
	QS	F	0.02%
	FIVN	F	0.02%
	KSS	F	0.02%
	JWN	C	0.02%
	RCM	C	0.02%
	HHH	C	0.02%
	TXG	D	0.02%
	ENOV	D	0.02%
	RNG	F	0.02%
	BOKF	B	0.02%
	CWEN	C	0.02%
	QDEL	D	0.02%
	PINC	C	0.02%
	AAP	F	0.02%
	NCNO	D	0.02%
	SAM	F	0.02%
	DV	F	0.02%
	SHC	C	0.02%
	AGR	B	0.02%
	VAC	F	0.02%
	CRI	D	0.02%
	AZTA	F	0.02%
	CLVT	D	0.02%
	CACC	F	0.02%
	CC	F	0.02%
	VIRT	C	0.02%
	SPB	C	0.02%
	ZG	B	0.02%
	RKT	C	0.02%
	TDC	F	0.02%
	COLM	C	0.02%
	BHF	F	0.02%
	TFSL	C	0.01%
	NFE	F	0.01%
	SEB	D	0.01%
	UI	B	0.01%
	LLYVA	B	0.01%
	LOAR	C	0.01%
	ALAB	D	0.01%
	UWMC	D	0.01%
	CWEN	C	0.01%
	PYCR	D	0.01%
	DJT	F	0.01%
	LBRDA	F	0.01%
	DDS	F	0.01%
	WOLF	F	0.01%
	SNDR	B	0.01%
	CAR	F	0.01%
	CERT	F	0.01%
	CNA	C	0.01%
	UAA	C	0.01%
	TRIP	F	0.01%
	UA	D	0.01%
	GO	F	0.01%
	INFA	D	0.01%
	LEG	D	0.01%
	PPC	D	0.01%
	ALGM	F	0.01%
	SEG	C	0.0%
	PARAA	D	0.0%
	GRAL	F	0.0%
	UHAL	A	0.0%
	PLTK	C	0.0%

IWR Underweight 176 Positions Relative to GSLC

	Symbol	Grade	Weight
	AAPL	C	-6.44%
	MSFT	C	-6.09%
	NVDA	D	-5.51%
	AMZN	C	-3.2%
	META	B	-2.52%
	GOOGL	D	-1.8%
	GOOG	D	-1.66%
	LLY	C	-1.54%
	AVGO	C	-1.19%
	BRK.A	C	-1.12%
	JPM	D	-0.99%
	WMT	C	-0.95%
	COST	B	-0.91%
	UNH	C	-0.88%
	MA	B	-0.81%
	HD	B	-0.8%
	V	C	-0.77%
	XOM	C	-0.74%
	JNJ	C	-0.69%
	PG	C	-0.64%
	ABBV	C	-0.62%
	TSLA	C	-0.62%
	ADBE	F	-0.59%
	ACN	C	-0.53%
	MRK	D	-0.51%
	IBM	B	-0.43%
	CL	D	-0.42%
	TJX	B	-0.42%
	LOW	B	-0.4%
	CRM	D	-0.4%
	BKNG	C	-0.4%
	AMAT	D	-0.4%
	PEP	C	-0.4%
	QCOM	D	-0.39%
	CTAS	B	-0.37%
	KO	C	-0.36%
	T	C	-0.34%
	CI	C	-0.34%
	CSCO	C	-0.34%
	BAC	D	-0.34%
	CDNS	D	-0.33%
	MCO	B	-0.33%
	PM	C	-0.33%
	NFLX	B	-0.33%
	REGN	C	-0.33%
	MMC	C	-0.32%
	CMCSA	D	-0.32%
	NOW	B	-0.32%
	MSI	B	-0.31%
	LRCX	F	-0.31%
	AMD	D	-0.31%
	INTU	C	-0.3%
	ORCL	C	-0.29%
	ORLY	C	-0.29%
	COF	B	-0.29%
	AMGN	B	-0.27%
	MPC	F	-0.26%
	TXN	C	-0.26%
	GE	B	-0.26%
	VRTX	D	-0.26%
	VZ	B	-0.26%
	C	D	-0.25%
	AZO	D	-0.25%
	TMO	B	-0.25%
	AXP	B	-0.25%
	LIN	B	-0.25%
	TMUS	C	-0.25%
	ROP	C	-0.24%
	KLAC	D	-0.24%
	CVS	D	-0.24%
	FTNT	C	-0.24%
	WFC	D	-0.24%
	APH	D	-0.22%
	AIG	D	-0.22%
	ABT	C	-0.22%
	VLO	F	-0.22%
	SHW	B	-0.22%
	BSX	B	-0.21%
	ITW	C	-0.21%
	BMY	C	-0.21%
	SNPS	F	-0.21%
	TGT	C	-0.21%
	PGR	B	-0.21%
	RSG	D	-0.21%
	CB	B	-0.21%
	PANW	D	-0.2%
	ANET	B	-0.2%
	MCD	B	-0.2%
	ICE	C	-0.2%
	APO	C	-0.2%
	ADSK	C	-0.2%
	CAT	B	-0.19%
	RTX	C	-0.19%
	TEAM	D	-0.19%
	CVX	D	-0.19%
	ISRG	B	-0.18%
	DHR	B	-0.18%
	MCK	F	-0.18%
	ELV	C	-0.18%
	NKE	D	-0.18%
	GILD	B	-0.18%
	PSX	F	-0.17%
	MO	C	-0.17%
	DIS	D	-0.17%
	WM	D	-0.16%
	SYK	C	-0.16%
	HON	D	-0.16%
	MS	D	-0.16%
	ETN	C	-0.15%
	UBER	C	-0.15%
	ZTS	C	-0.15%
	FDX	C	-0.15%
	PH	B	-0.15%
	KMB	D	-0.15%
	GD	B	-0.14%
	TDG	B	-0.13%
	CEG	C	-0.13%
	TRV	C	-0.13%
	SPGI	B	-0.13%
	TT	B	-0.13%
	HCA	B	-0.12%
	COP	D	-0.12%
	BLK	B	-0.12%
	DELL	D	-0.12%
	ADI	C	-0.12%
	CRWD	D	-0.11%
	CMG	C	-0.11%
	F	F	-0.11%
	CME	C	-0.11%
	LMT	C	-0.11%
	AON	B	-0.11%
	KKR	B	-0.1%
	EW	F	-0.1%
	MU	F	-0.1%
	ECL	B	-0.1%
	SO	B	-0.09%
	MAR	C	-0.09%
	DUK	C	-0.09%
	PCAR	D	-0.09%
	EOG	D	-0.09%
	MDLZ	B	-0.09%
	MDT	C	-0.08%
	CSX	D	-0.08%
	CPRT	D	-0.08%
	CARR	B	-0.08%
	NEE	C	-0.08%
	MMM	B	-0.08%
	STZ	D	-0.08%
	UNP	C	-0.07%
	STX	C	-0.07%
	BDX	D	-0.07%
	INTC	F	-0.07%
	EL	F	-0.07%
	WELL	C	-0.07%
	KHC	C	-0.07%
	PYPL	B	-0.07%
	GEV	B	-0.06%
	BX	B	-0.06%
	KDP	B	-0.06%
	DE	B	-0.06%
	PNC	B	-0.06%
	DASH	C	-0.05%
	SRE	C	-0.05%
	PFE	C	-0.05%
	USB	B	-0.05%
	ADP	B	-0.05%
	MNST	D	-0.05%
	MET	B	-0.05%
	SCHW	D	-0.04%
	OXY	F	-0.04%
	WDAY	D	-0.04%
	PSA	B	-0.03%
	AEP	C	-0.03%
	EMR	D	-0.03%
	JCI	B	-0.02%
	NOC	B	-0.02%

IWR: Top Represented Industries & Keywords

Industries: Software - Application Banks - Regional - US Diversified Industrials Biotechnology Diagnostics & Research Software - Infrastructure Business Services Oil & Gas E&P Utilities - Regulated Electric Asset Management 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

GSLC: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Dow Jones Component Electricity Electronics Aerospace Bank Banking Chemical Cloud Computing Semiconductor Medicine Work From Home Insurance Products Telecommunications IBD 50 Disability