IWR vs. JCTR ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to JPMorgan Carbon Transition U.S. Equity ETF (JCTR)

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

JCTR

JPMorgan Carbon Transition U.S. Equity ETF

JCTR Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. The fund will invest at least 80% of its assets in securities included in index. The index is designed to capture the performance of companies which have been identified through its rules-based process as better positioned to benefit from a transition to a lower carbon economy while also providing broader U.S. market exposure.

Grade (RS Rating)

Last Trade

$81.11

Average Daily Volume

149

Number of Holdings ^*

428

* may have additional holdings in another (foreign) market

Performance

Period	IWR	JCTR
30 Days	6.87%	4.02%
60 Days	7.84%	5.04%
90 Days	9.96%	6.88%
12 Months	34.02%	32.99%

285 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in JCTR	Overlap
	A	D	0.31%	0.14%	0.14%
	ACGL	D	0.3%	0.12%	0.12%
	ACI	C	0.07%	0.03%	0.03%
	ACM	A	0.12%	0.05%	0.05%
	ADM	D	0.21%	0.08%	0.08%
	AFL	B	0.51%	0.23%	0.23%
	AFRM	B	0.11%	0.04%	0.04%
	AGNC	D	0.06%	0.02%	0.02%
	AGR	B	0.02%	0.01%	0.01%
	AJG	B	0.52%	0.24%	0.24%
	AL	B	0.04%	0.02%	0.02%
	ALB	C	0.1%	0.05%	0.05%
	ALLE	D	0.1%	0.04%	0.04%
	ALLY	C	0.08%	0.04%	0.04%
	ALNY	D	0.24%	0.12%	0.12%
	AME	A	0.37%	0.17%	0.17%
	AMG	B	0.05%	0.02%	0.02%
	AMH	D	0.1%	0.04%	0.04%
	ANSS	B	0.24%	0.11%	0.11%
	AR	B	0.07%	0.07%	0.07%
	ARES	A	0.25%	0.1%	0.1%
	ASH	D	0.03%	0.02%	0.02%
	AVB	B	0.27%	0.12%	0.12%
	AVY	D	0.13%	0.06%	0.06%
	AWK	D	0.22%	0.19%	0.19%
	AXS	A	0.06%	0.02%	0.02%
	AYI	B	0.08%	0.04%	0.04%
	BAH	F	0.16%	0.07%	0.07%
	BBWI	D	0.06%	0.03%	0.03%
	BG	F	0.1%	0.04%	0.04%
	BHF	B	0.03%	0.0%	0.0%
	BRX	A	0.07%	0.02%	0.02%
	BSY	D	0.05%	0.02%	0.02%
	BXP	D	0.1%	0.04%	0.04%
	CAG	D	0.1%	0.04%	0.04%
	CASY	A	0.12%	0.05%	0.05%
	CBOE	B	0.17%	0.08%	0.08%
	CBRE	B	0.33%	0.15%	0.15%
	CCI	D	0.37%	0.15%	0.15%
	CDW	F	0.2%	0.09%	0.09%
	CE	F	0.07%	0.03%	0.03%
	CERT	F	0.01%	0.01%	0.01%
	CFLT	B	0.06%	0.03%	0.03%
	CGNX	C	0.06%	0.02%	0.02%
	CHD	B	0.22%	0.1%	0.1%
	CHH	A	0.03%	0.01%	0.01%
	CHRW	C	0.11%	0.04%	0.04%
	CIEN	B	0.08%	0.03%	0.03%
	CLH	B	0.1%	0.05%	0.05%
	CLX	B	0.17%	0.08%	0.08%
	CMI	A	0.41%	0.11%	0.11%
	CNH	C	0.08%	0.03%	0.03%
	CNP	B	0.16%	0.06%	0.06%
	COLM	B	0.02%	0.01%	0.01%
	COR	B	0.33%	0.15%	0.15%
	COTY	F	0.02%	0.02%	0.02%
	CPB	D	0.07%	0.03%	0.03%
	CPRI	F	0.02%	0.01%	0.01%
	CROX	D	0.05%	0.02%	0.02%
	CSGP	D	0.24%	0.11%	0.11%
	CSL	C	0.17%	0.07%	0.07%
	CUBE	D	0.09%	0.04%	0.04%
	CWEN	C	0.01%	0.02%	0.01%
	CWEN	C	0.02%	0.02%	0.02%
	DAY	B	0.09%	0.04%	0.04%
	DDOG	A	0.31%	0.14%	0.14%
	DECK	A	0.22%	0.1%	0.1%
	DFS	B	0.36%	0.16%	0.16%
	DHI	D	0.39%	0.18%	0.18%
	DLB	B	0.03%	0.02%	0.02%
	DLR	B	0.48%	0.02%	0.02%
	DNB	B	0.03%	0.01%	0.01%
	DOV	A	0.23%	0.1%	0.1%
	DV	C	0.02%	0.02%	0.02%
	DXCM	D	0.25%	0.11%	0.11%
	EA	A	0.36%	0.16%	0.16%
	EBAY	D	0.26%	0.11%	0.11%
	ED	D	0.28%	0.12%	0.12%
	EFX	F	0.25%	0.12%	0.12%
	EG	C	0.13%	0.05%	0.05%
	EIX	B	0.26%	0.13%	0.13%
	ELF	C	0.05%	0.01%	0.01%
	ELS	C	0.11%	0.03%	0.03%
	ENOV	C	0.02%	0.01%	0.01%
	ENPH	F	0.06%	0.06%	0.06%
	EPAM	C	0.11%	0.06%	0.06%
	ES	D	0.18%	0.16%	0.16%
	ESI	A	0.05%	0.03%	0.03%
	ESS	B	0.16%	0.07%	0.07%
	ETSY	D	0.05%	0.02%	0.02%
	EXC	C	0.32%	0.14%	0.14%
	EXPD	D	0.14%	0.06%	0.06%
	EXPE	B	0.19%	0.08%	0.08%
	EXR	D	0.28%	0.13%	0.13%
	FANG	D	0.27%	0.24%	0.24%
	FCN	D	0.06%	0.02%	0.02%
	FE	C	0.2%	0.03%	0.03%
	FIS	C	0.41%	0.19%	0.19%
	FLO	D	0.03%	0.02%	0.02%
	FLS	B	0.06%	0.04%	0.04%
	FMC	D	0.06%	0.03%	0.03%
	FND	C	0.09%	0.04%	0.04%
	FOXA	B	0.09%	0.06%	0.06%
	FRPT	B	0.06%	0.02%	0.02%
	FRT	B	0.08%	0.04%	0.04%
	FSLR	F	0.17%	0.15%	0.15%
	G	B	0.06%	0.03%	0.03%
	GEN	B	0.13%	0.06%	0.06%
	GGG	B	0.12%	0.05%	0.05%
	GIS	D	0.29%	0.13%	0.13%
	GLOB	B	0.07%	0.05%	0.05%
	GME	C	0.08%	0.04%	0.04%
	GNRC	B	0.09%	0.05%	0.05%
	GNTX	C	0.06%	0.01%	0.01%
	GPC	D	0.14%	0.03%	0.03%
	GPN	B	0.24%	0.11%	0.11%
	GWRE	A	0.13%	0.06%	0.06%
	GWW	B	0.42%	0.19%	0.19%
	HAL	C	0.22%	0.19%	0.19%
	HAS	D	0.07%	0.04%	0.04%
	HAYW	B	0.02%	0.02%	0.02%
	HES	B	0.33%	0.03%	0.03%
	HIG	B	0.28%	0.1%	0.1%
	HLT	A	0.5%	0.15%	0.15%
	HOLX	D	0.15%	0.07%	0.07%
	HOOD	B	0.18%	0.08%	0.08%
	HSY	F	0.21%	0.1%	0.1%
	HUBB	B	0.19%	0.09%	0.09%
	HUBS	A	0.27%	0.13%	0.13%
	HUN	F	0.03%	0.02%	0.02%
	HXL	D	0.04%	0.01%	0.01%
	IBKR	A	0.16%	0.07%	0.07%
	IDXX	F	0.29%	0.13%	0.13%
	IEX	B	0.14%	0.07%	0.07%
	IFF	D	0.18%	0.09%	0.09%
	INCY	C	0.1%	0.05%	0.05%
	INGR	B	0.08%	0.03%	0.03%
	IONS	F	0.04%	0.01%	0.01%
	IPG	D	0.08%	0.04%	0.04%
	IQV	D	0.29%	0.14%	0.14%
	IR	B	0.34%	0.15%	0.15%
	IRDM	D	0.03%	0.01%	0.01%
	IT	C	0.32%	0.15%	0.15%
	JEF	A	0.11%	0.05%	0.05%
	JKHY	D	0.1%	0.04%	0.04%
	JLL	D	0.1%	0.04%	0.04%
	K	A	0.17%	0.07%	0.07%
	KEYS	A	0.21%	0.1%	0.1%
	KIM	A	0.14%	0.06%	0.06%
	KMX	B	0.1%	0.04%	0.04%
	KR	B	0.32%	0.13%	0.13%
	LAD	A	0.08%	0.04%	0.04%
	LEN	D	0.01%	0.16%	0.01%
	LEN	D	0.33%	0.16%	0.16%
	LII	A	0.16%	0.07%	0.07%
	LPLA	A	0.19%	0.08%	0.08%
	LSCC	D	0.06%	0.03%	0.03%
	LSTR	D	0.05%	0.02%	0.02%
	LW	C	0.09%	0.04%	0.04%
	LYFT	C	0.05%	0.03%	0.03%
	LYV	A	0.17%	0.07%	0.07%
	MAN	D	0.02%	0.01%	0.01%
	MAS	D	0.14%	0.07%	0.07%
	MDB	C	0.16%	0.07%	0.07%
	MIDD	C	0.06%	0.02%	0.02%
	MKC	D	0.15%	0.07%	0.07%
	MKSI	C	0.06%	0.02%	0.02%
	MKTX	D	0.08%	0.04%	0.04%
	MORN	B	0.07%	0.03%	0.03%
	MPW	F	0.02%	0.0%	0.0%
	MSA	D	0.05%	0.02%	0.02%
	MSCI	C	0.38%	0.17%	0.17%
	MTCH	D	0.07%	0.02%	0.02%
	MTD	D	0.21%	0.11%	0.11%
	MTZ	B	0.07%	0.04%	0.04%
	NDAQ	A	0.27%	0.11%	0.11%
	NDSN	B	0.12%	0.05%	0.05%
	NET	B	0.22%	0.1%	0.1%
	NFE	D	0.0%	0.01%	0.0%
	NFG	A	0.05%	0.02%	0.02%
	NI	A	0.14%	0.06%	0.06%
	NTRA	B	0.14%	0.06%	0.06%
	NVT	B	0.1%	0.04%	0.04%
	O	D	0.41%	0.18%	0.18%
	OHI	C	0.08%	0.04%	0.04%
	OKE	A	0.53%	0.46%	0.46%
	OKTA	C	0.1%	0.04%	0.04%
	OLED	D	0.06%	0.02%	0.02%
	OMC	C	0.15%	0.08%	0.08%
	ONTO	D	0.06%	0.03%	0.03%
	OTIS	C	0.33%	0.15%	0.15%
	PAG	B	0.02%	0.02%	0.02%
	PATH	C	0.05%	0.02%	0.02%
	PAYX	C	0.38%	0.17%	0.17%
	PCTY	B	0.07%	0.04%	0.04%
	PEG	A	0.37%	0.16%	0.16%
	PEGA	A	0.03%	0.01%	0.01%
	PFGC	B	0.11%	0.04%	0.04%
	PHM	D	0.22%	0.1%	0.1%
	PINC	B	0.02%	0.0%	0.0%
	PINS	D	0.14%	0.06%	0.06%
	PLNT	A	0.07%	0.02%	0.02%
	PLTR	B	1.09%	0.44%	0.44%
	PODD	C	0.15%	0.06%	0.06%
	POOL	C	0.11%	0.05%	0.05%
	POST	C	0.04%	0.02%	0.02%
	PRI	A	0.09%	0.04%	0.04%
	PRU	A	0.38%	0.17%	0.17%
	PSTG	D	0.12%	0.05%	0.05%
	PTC	A	0.19%	0.09%	0.09%
	REG	B	0.11%	0.05%	0.05%
	REXR	F	0.07%	0.03%	0.03%
	RGA	A	0.13%	0.06%	0.06%
	RGEN	D	0.06%	0.03%	0.03%
	RHI	B	0.06%	0.03%	0.03%
	RL	B	0.07%	0.02%	0.02%
	RMD	C	0.28%	0.13%	0.13%
	RNR	C	0.11%	0.05%	0.05%
	ROK	B	0.27%	0.13%	0.13%
	ROST	C	0.38%	0.06%	0.06%
	RYN	D	0.04%	0.02%	0.02%
	SBAC	D	0.2%	0.09%	0.09%
	SIRI	C	0.05%	0.01%	0.01%
	SJM	D	0.09%	0.04%	0.04%
	SKX	D	0.07%	0.02%	0.02%
	SLM	A	0.04%	0.02%	0.02%
	SMCI	F	0.08%	0.03%	0.03%
	SMG	D	0.03%	0.0%	0.0%
	SNA	A	0.15%	0.07%	0.07%
	SPG	B	0.48%	0.21%	0.21%
	SQ	B	0.39%	0.17%	0.17%
	SSD	D	0.06%	0.04%	0.04%
	STAG	F	0.05%	0.02%	0.02%
	STWD	C	0.05%	0.02%	0.02%
	SYF	B	0.21%	0.1%	0.1%
	SYY	B	0.31%	0.12%	0.12%
	TAP	C	0.09%	0.03%	0.03%
	TDY	B	0.18%	0.08%	0.08%
	TOST	B	0.15%	0.06%	0.06%
	TPG	A	0.04%	0.01%	0.01%
	TPR	B	0.11%	0.04%	0.04%
	TRGP	B	0.35%	0.31%	0.31%
	TRMB	B	0.14%	0.06%	0.06%
	TRU	D	0.15%	0.07%	0.07%
	TSCO	D	0.24%	0.11%	0.11%
	TSN	B	0.15%	0.06%	0.06%
	TTEK	F	0.09%	0.04%	0.04%
	TTWO	A	0.25%	0.11%	0.11%
	TW	A	0.12%	0.05%	0.05%
	TWLO	A	0.14%	0.07%	0.07%
	TYL	B	0.21%	0.1%	0.1%
	U	C	0.04%	0.02%	0.02%
	UDR	B	0.12%	0.05%	0.05%
	UGI	A	0.04%	0.02%	0.02%
	ULTA	F	0.14%	0.07%	0.07%
	URI	B	0.46%	0.21%	0.21%
	USFD	A	0.12%	0.05%	0.05%
	VEEV	C	0.26%	0.13%	0.13%
	VFC	C	0.06%	0.03%	0.03%
	VLTO	D	0.21%	0.09%	0.09%
	VNT	B	0.05%	0.02%	0.02%
	VRSK	A	0.33%	0.3%	0.3%
	VVV	F	0.05%	0.02%	0.02%
	W	F	0.03%	0.01%	0.01%
	WAB	B	0.28%	0.13%	0.13%
	WAT	B	0.17%	0.08%	0.08%
	WBA	F	0.05%	0.02%	0.02%
	WCC	B	0.07%	0.03%	0.03%
	WEN	D	0.03%	0.02%	0.02%
	WEX	D	0.06%	0.03%	0.03%
	WFRD	D	0.05%	0.04%	0.04%
	WHR	B	0.05%	0.02%	0.02%
	WMB	A	0.57%	0.49%	0.49%
	WPC	D	0.1%	0.04%	0.04%
	WRB	A	0.15%	0.07%	0.07%
	WSM	B	0.14%	0.06%	0.06%
	WTRG	B	0.08%	0.04%	0.04%
	WU	D	0.02%	0.02%	0.02%
	XYL	D	0.24%	0.11%	0.11%
	YETI	C	0.03%	0.02%	0.02%
	YUM	B	0.31%	0.14%	0.14%
	Z	A	0.1%	0.05%	0.05%
	ZBRA	B	0.16%	0.07%	0.07%
	ZI	D	0.03%	0.01%	0.01%
	ZS	C	0.15%	0.03%	0.03%

IWR Overweight 518 Positions Relative to JCTR

	Symbol	Grade	Weight
	APP	B	0.63%
	COIN	C	0.5%
	BK	A	0.48%
	AMP	A	0.46%
	RCL	A	0.45%
	KMI	A	0.44%
	MSTR	C	0.44%
	FICO	B	0.44%
	ALL	A	0.43%
	TTD	B	0.43%
	LNG	B	0.4%
	VST	B	0.4%
	FAST	B	0.39%
	PWR	A	0.39%
	KVUE	A	0.38%
	LHX	C	0.38%
	PCG	A	0.37%
	HWM	A	0.37%
	VRT	B	0.36%
	ODFL	B	0.35%
	BKR	B	0.35%
	AXON	A	0.35%
	DAL	C	0.34%
	FERG	B	0.33%
	CTSH	B	0.32%
	CTVA	C	0.32%
	XEL	A	0.32%
	GEHC	F	0.31%
	HPQ	B	0.3%
	CHTR	C	0.3%
	VMC	B	0.3%
	NUE	C	0.29%
	GLW	B	0.29%
	MTB	A	0.29%
	MLM	B	0.29%
	IRM	D	0.28%
	DD	D	0.28%
	GRMN	B	0.27%
	VICI	C	0.27%
	HUM	C	0.27%
	MCHP	D	0.27%
	DOW	F	0.26%
	WEC	A	0.26%
	ETR	B	0.26%
	WTW	B	0.26%
	FITB	A	0.26%
	UAL	A	0.25%
	CNC	D	0.25%
	RJF	A	0.25%
	PPG	F	0.24%
	STT	A	0.24%
	CAH	B	0.24%
	HPE	B	0.23%
	EQR	B	0.23%
	ON	D	0.23%
	CPNG	D	0.23%
	BRO	B	0.22%
	FCNCA	A	0.22%
	FTV	C	0.22%
	SW	A	0.22%
	BR	A	0.22%
	MPWR	F	0.22%
	PPL	B	0.21%
	EQT	B	0.21%
	TPL	A	0.21%
	HBAN	A	0.21%
	VTR	C	0.21%
	GDDY	A	0.21%
	RBLX	C	0.21%
	NVR	D	0.21%
	TROW	B	0.21%
	CVNA	B	0.21%
	NTAP	C	0.2%
	DVN	F	0.2%
	RF	A	0.2%
	CCL	B	0.2%
	AEE	A	0.2%
	DTE	C	0.2%
	CPAY	A	0.2%
	WY	D	0.19%
	WST	C	0.19%
	ZBH	C	0.19%
	EME	C	0.19%
	BIIB	F	0.19%
	CINF	A	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%
	ATO	A	0.18%
	MKL	A	0.18%
	WBD	C	0.18%
	CMS	C	0.17%
	WDC	D	0.17%
	INVH	D	0.17%
	STLD	B	0.17%
	PKG	A	0.17%
	CFG	B	0.17%
	BLDR	D	0.17%
	CTRA	B	0.16%
	NRG	B	0.16%
	COO	D	0.16%
	LUV	C	0.16%
	LH	C	0.16%
	DRI	B	0.16%
	PFG	D	0.16%
	BBY	D	0.16%
	IP	B	0.16%
	RS	B	0.15%
	KEY	B	0.15%
	DGX	A	0.15%
	WSO	A	0.15%
	DKNG	B	0.15%
	ARE	D	0.15%
	MAA	B	0.15%
	FDS	B	0.15%
	BALL	D	0.15%
	DG	F	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%
	HEI	B	0.14%
	BURL	A	0.14%
	MOH	F	0.14%
	RPM	A	0.14%
	J	F	0.14%
	PNR	A	0.14%
	VTRS	A	0.13%
	FNF	B	0.13%
	VRSN	F	0.13%
	DT	C	0.13%
	SUI	D	0.13%
	TOL	B	0.13%
	LNT	A	0.13%
	FIX	A	0.13%
	SSNC	B	0.13%
	UTHR	C	0.13%
	CF	B	0.13%
	TXT	D	0.13%
	MRO	B	0.13%
	TER	D	0.13%
	DOCU	A	0.13%
	BAX	D	0.13%
	ROL	B	0.12%
	SOFI	A	0.12%
	AVTR	F	0.12%
	EQH	B	0.12%
	JBL	B	0.12%
	EVRG	A	0.12%
	EWBC	A	0.12%
	APTV	D	0.12%
	DOC	D	0.12%
	AMCR	D	0.12%
	ENTG	D	0.12%
	THC	D	0.12%
	DPZ	C	0.12%
	JBHT	C	0.12%
	L	A	0.12%
	GLPI	C	0.11%
	DLTR	F	0.11%
	SWK	D	0.11%
	AKAM	D	0.11%
	TXRH	C	0.11%
	SWKS	F	0.11%
	RVTY	F	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%
	UHS	D	0.1%
	UNM	A	0.1%
	NBIX	C	0.1%
	EMN	D	0.1%
	JNPR	F	0.1%
	HEI	B	0.1%
	BMRN	D	0.1%
	SCI	B	0.1%
	FTI	A	0.1%
	HST	C	0.1%
	CPT	B	0.1%
	ITT	A	0.1%
	COHR	B	0.1%
	WBS	A	0.09%
	CACI	D	0.09%
	PNW	B	0.09%
	TECH	D	0.09%
	CCK	C	0.09%
	CTLT	B	0.09%
	CAVA	B	0.09%
	EVR	B	0.09%
	NWSA	B	0.09%
	LAMR	D	0.09%
	BLD	D	0.09%
	ATR	B	0.09%
	CG	A	0.09%
	AA	B	0.09%
	DKS	C	0.09%
	FHN	A	0.09%
	PAYC	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%
	WING	D	0.08%
	ORI	A	0.08%
	SOLV	C	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%
	DOX	D	0.08%
	PR	B	0.08%
	GL	B	0.08%
	HLI	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%
	AFG	A	0.08%
	AES	F	0.08%
	EXEL	B	0.08%
	LKQ	D	0.08%
	EXP	A	0.08%
	RPRX	D	0.08%
	ALSN	B	0.08%
	WWD	B	0.08%
	KNSL	B	0.08%
	CHRD	D	0.07%
	MEDP	D	0.07%
	RRC	B	0.07%
	X	C	0.07%
	SEIC	B	0.07%
	CZR	F	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%
	CHE	D	0.07%
	RIVN	F	0.07%
	EGP	F	0.07%
	HRB	D	0.07%
	GPK	C	0.07%
	MOS	F	0.07%
	LNW	D	0.07%
	HRL	D	0.07%
	NYT	C	0.07%
	TTC	D	0.07%
	CR	A	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%
	BILL	A	0.07%
	AOS	F	0.07%
	CMA	A	0.07%
	MGM	D	0.07%
	SNX	C	0.07%
	ROKU	D	0.07%
	KNX	B	0.07%
	PEN	B	0.07%
	HSIC	B	0.07%
	AXTA	A	0.07%
	RBC	A	0.07%
	EXAS	D	0.07%
	AWI	A	0.06%
	MTN	C	0.06%
	H	B	0.06%
	SN	D	0.06%
	MTDR	B	0.06%
	VMI	B	0.06%
	DAR	C	0.06%
	ALK	C	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%
	ESTC	C	0.06%
	ESAB	B	0.06%
	GTLB	B	0.06%
	OSK	B	0.06%
	VNO	B	0.06%
	S	B	0.06%
	LPX	B	0.06%
	COKE	C	0.06%
	CART	C	0.06%
	RLI	B	0.06%
	RYAN	B	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%
	JAZZ	B	0.06%
	ADC	B	0.06%
	HII	D	0.06%
	NNN	D	0.06%
	BERY	B	0.06%
	KBR	F	0.06%
	BWA	D	0.06%
	LITE	B	0.05%
	RITM	C	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%
	AGCO	D	0.05%
	THG	A	0.05%
	LFUS	F	0.05%
	FNB	A	0.05%
	IDA	A	0.05%
	LAZ	B	0.05%
	FOUR	B	0.05%
	BFAM	D	0.05%
	DOCS	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%
	SAIC	F	0.05%
	MAT	D	0.05%
	NOV	C	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%
	DBX	B	0.05%
	FAF	A	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%
	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%
	OLN	D	0.04%
	TKR	D	0.04%
	SON	D	0.04%
	BYD	C	0.04%
	NXST	C	0.04%
	INSP	D	0.04%
	BROS	B	0.04%
	CIVI	D	0.04%
	OZK	B	0.04%
	AM	A	0.04%
	VNOM	A	0.04%
	VKTX	F	0.04%
	APPF	B	0.04%
	LNC	B	0.04%
	CLF	F	0.04%
	CCCS	B	0.04%
	LEA	D	0.04%
	CRUS	D	0.04%
	BC	C	0.04%
	AMTM	D	0.03%
	PENN	C	0.03%
	VAC	B	0.03%
	NCNO	B	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%
	TNL	A	0.03%
	NWS	B	0.03%
	NWL	B	0.03%
	PRGO	B	0.03%
	XRAY	F	0.03%
	MDU	D	0.03%
	NEU	C	0.03%
	DXC	B	0.03%
	MSM	C	0.03%
	OGN	D	0.03%
	LINE	F	0.03%
	HOG	D	0.03%
	RARE	D	0.03%
	GFS	C	0.03%
	MSGS	A	0.03%
	GTES	A	0.03%
	AN	C	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%
	JWN	C	0.02%
	ALGM	D	0.02%
	SPB	C	0.02%
	MP	B	0.02%
	HHH	B	0.02%
	BOKF	B	0.02%
	CXT	B	0.02%
	APLS	D	0.02%
	CACC	D	0.02%
	FIVN	C	0.02%
	TDC	D	0.02%
	SAM	C	0.02%
	VIRT	B	0.02%
	CC	C	0.02%
	AMKR	D	0.02%
	ECG	C	0.02%
	AMED	F	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%
	CNA	B	0.01%
	AS	B	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%

IWR Underweight 145 Positions Relative to JCTR

	Symbol	Grade	Weight
	NVDA	C	-6.75%
	AAPL	C	-6.45%
	MSFT	F	-5.71%
	AMZN	C	-3.43%
	GOOGL	C	-3.03%
	TSLA	B	-1.98%
	META	D	-1.96%
	AVGO	D	-1.69%
	LLY	F	-1.42%
	V	A	-1.21%
	UNH	C	-1.16%
	MA	C	-1.14%
	HD	A	-1.05%
	NFLX	A	-1.01%
	BRK.A	B	-0.95%
	CSCO	B	-0.77%
	NOW	A	-0.74%
	COP	C	-0.74%
	ACN	C	-0.71%
	MCD	D	-0.69%
	ADBE	C	-0.69%
	CAT	B	-0.68%
	BKNG	A	-0.68%
	GS	A	-0.68%
	JNJ	D	-0.68%
	ISRG	A	-0.67%
	LIN	D	-0.67%
	AMD	F	-0.66%
	INTU	C	-0.66%
	AXP	A	-0.6%
	MS	A	-0.57%
	COST	B	-0.56%
	PGR	A	-0.56%
	SPGI	C	-0.56%
	NEE	D	-0.55%
	AMGN	D	-0.55%
	IBM	C	-0.54%
	SYK	C	-0.51%
	AMAT	F	-0.5%
	UBER	D	-0.49%
	C	A	-0.49%
	BSX	B	-0.48%
	WMT	A	-0.48%
	ADP	B	-0.47%
	VRTX	F	-0.46%
	FI	A	-0.45%
	PANW	C	-0.45%
	SLB	C	-0.45%
	SCHW	B	-0.44%
	GILD	C	-0.43%
	CB	C	-0.43%
	BX	A	-0.43%
	BAC	A	-0.41%
	ABBV	D	-0.4%
	PLD	D	-0.39%
	ANET	C	-0.37%
	NKE	D	-0.34%
	PH	A	-0.34%
	DE	A	-0.34%
	CMCSA	B	-0.34%
	KKR	A	-0.34%
	ORCL	B	-0.33%
	PYPL	B	-0.33%
	CRM	B	-0.33%
	WM	A	-0.33%
	ICE	C	-0.33%
	MRK	F	-0.32%
	KLAC	D	-0.32%
	ELV	F	-0.32%
	CI	F	-0.31%
	CMG	B	-0.31%
	SNPS	B	-0.31%
	TT	A	-0.31%
	MCK	B	-0.3%
	ITW	B	-0.3%
	CME	A	-0.3%
	MSI	B	-0.3%
	CDNS	B	-0.3%
	REGN	F	-0.3%
	MCO	B	-0.29%
	MRVL	B	-0.29%
	APO	B	-0.29%
	EMR	A	-0.28%
	AON	A	-0.28%
	CTAS	B	-0.28%
	CVX	A	-0.27%
	COF	B	-0.26%
	CVS	D	-0.26%
	WFC	A	-0.25%
	ADSK	A	-0.25%
	SPOT	B	-0.24%
	ECL	D	-0.23%
	ABNB	C	-0.22%
	TRV	B	-0.22%
	TMO	F	-0.22%
	BLK	C	-0.22%
	PCAR	B	-0.22%
	FTNT	C	-0.22%
	ROP	B	-0.22%
	CARR	D	-0.21%
	PSA	D	-0.2%
	DHR	F	-0.2%
	QCOM	F	-0.2%
	ABT	B	-0.19%
	MAR	B	-0.19%
	SRE	A	-0.19%
	NU	C	-0.18%
	MET	A	-0.18%
	AIG	B	-0.17%
	CPRT	A	-0.17%
	DIS	B	-0.17%
	TXN	C	-0.16%
	RSG	A	-0.16%
	NEM	D	-0.16%
	T	A	-0.16%
	EW	C	-0.15%
	TEAM	A	-0.15%
	VZ	C	-0.15%
	LULU	C	-0.15%
	MNST	C	-0.15%
	KMB	D	-0.14%
	STZ	D	-0.13%
	EOG	A	-0.13%
	KDP	D	-0.13%
	AZO	C	-0.12%
	SHW	A	-0.12%
	PFE	D	-0.11%
	LOW	D	-0.09%
	KHC	F	-0.09%
	UNP	C	-0.09%
	MU	D	-0.08%
	RBA	A	-0.06%
	LRCX	F	-0.06%
	MRNA	F	-0.05%
	TJX	A	-0.05%
	EL	F	-0.05%
	INTC	D	-0.04%
	ADI	D	-0.03%
	SCCO	F	-0.03%
	MDT	D	-0.03%
	AMT	D	-0.02%
	SBUX	A	-0.02%
	DUK	C	-0.02%
	XP	F	-0.02%
	MMC	B	-0.02%

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

JCTR: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Packaged Foods Capital Markets Software - Infrastructure Specialty Retail Credit Services Diagnostics & Research Semiconductors Asset Management Biotechnology Information Technology Services Drug Manufacturers - Major Utilities - Regulated Electric Household & Personal Products Medical Devices Oil & Gas E&P REIT - Industrial REIT - Residential

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