IWR vs. JQUA ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to JPMorgan U.S. Quality Factor ETF (JQUA)

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

$87.99

Average Daily Volume

1,177,576

Number of Holdings ^*

801

* may have additional holdings in another (foreign) market

JQUA

JPMorgan U.S. Quality Factor ETF

JQUA Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Quality Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent quality factor characteristics.

Grade (RS Rating)

Last Trade

$56.27

Average Daily Volume

437,000

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	IWR	JQUA
30 Days	4.19%	2.68%
60 Days	5.52%	5.38%
90 Days	8.27%	5.83%
12 Months	25.46%	28.57%

176 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in JQUA	Overlap
	A	C	0.35%	0.35%	0.35%
	ACGL	C	0.35%	0.36%	0.35%
	AFG	B	0.09%	0.14%	0.09%
	AFL	C	0.54%	0.46%	0.46%
	AJG	D	0.56%	0.44%	0.44%
	AKAM	D	0.13%	0.2%	0.13%
	ALSN	B	0.07%	0.19%	0.07%
	AM	C	0.04%	0.03%	0.03%
	AMP	A	0.39%	0.31%	0.31%
	ANSS	D	0.24%	0.18%	0.18%
	AOS	D	0.08%	0.13%	0.08%
	APP	C	0.26%	0.29%	0.26%
	ATO	B	0.18%	0.28%	0.18%
	AYI	B	0.07%	0.1%	0.07%
	BBY	C	0.19%	0.17%	0.17%
	BLDR	C	0.19%	0.19%	0.19%
	BR	D	0.22%	0.29%	0.22%
	BRO	C	0.22%	0.31%	0.22%
	BSY	D	0.06%	0.11%	0.06%
	BYD	C	0.04%	0.09%	0.04%
	CBOE	C	0.19%	0.25%	0.19%
	CBSH	C	0.06%	0.18%	0.06%
	CCI	C	0.45%	0.16%	0.16%
	CDW	D	0.26%	0.2%	0.2%
	CF	C	0.13%	0.19%	0.13%
	CHD	D	0.22%	0.16%	0.16%
	CHE	C	0.07%	0.22%	0.07%
	CHH	C	0.03%	0.16%	0.03%
	CHRW	B	0.1%	0.23%	0.1%
	CLH	A	0.11%	0.25%	0.11%
	CLX	C	0.18%	0.26%	0.18%
	CNC	D	0.35%	0.19%	0.19%
	CNM	F	0.06%	0.11%	0.06%
	CPT	B	0.11%	0.11%	0.11%
	CRI	D	0.02%	0.19%	0.02%
	CRUS	D	0.06%	0.14%	0.06%
	CSGP	D	0.28%	0.07%	0.07%
	CSL	B	0.17%	0.18%	0.17%
	CTRA	D	0.15%	0.22%	0.15%
	CTSH	C	0.34%	0.34%	0.34%
	CUBE	B	0.11%	0.06%	0.06%
	DBX	D	0.05%	0.22%	0.05%
	DCI	C	0.07%	0.16%	0.07%
	DDOG	D	0.29%	0.25%	0.25%
	DECK	C	0.21%	0.25%	0.21%
	DKS	D	0.11%	0.2%	0.11%
	DLB	D	0.04%	0.16%	0.04%
	DOCU	C	0.1%	0.25%	0.1%
	DOX	C	0.09%	0.22%	0.09%
	DRI	B	0.17%	0.23%	0.17%
	DT	C	0.12%	0.21%	0.12%
	DV	F	0.02%	0.1%	0.02%
	DVA	B	0.07%	0.22%	0.07%
	DXC	C	0.03%	0.12%	0.03%
	EA	D	0.34%	0.32%	0.32%
	EBAY	B	0.28%	0.33%	0.28%
	ED	C	0.32%	0.26%	0.26%
	ELS	C	0.12%	0.16%	0.12%
	ENTG	F	0.15%	0.13%	0.13%
	EPAM	F	0.1%	0.15%	0.1%
	EQR	B	0.26%	0.09%	0.09%
	EVRG	B	0.12%	0.15%	0.12%
	EXP	B	0.08%	0.14%	0.08%
	EXPD	C	0.15%	0.24%	0.15%
	EXPE	C	0.15%	0.21%	0.15%
	EXR	B	0.33%	0.27%	0.27%
	FAST	C	0.35%	0.08%	0.08%
	FDS	C	0.15%	0.23%	0.15%
	FFIV	B	0.11%	0.25%	0.11%
	FNF	B	0.13%	0.2%	0.13%
	GGG	C	0.12%	0.21%	0.12%
	GLPI	C	0.12%	0.08%	0.08%
	GNTX	F	0.06%	0.04%	0.04%
	GWRE	A	0.12%	0.11%	0.11%
	GWW	B	0.38%	0.36%	0.36%
	HIG	B	0.3%	0.24%	0.24%
	HOLX	B	0.16%	0.29%	0.16%
	HPE	D	0.19%	0.14%	0.14%
	HPQ	D	0.28%	0.2%	0.2%
	HRB	C	0.08%	0.27%	0.08%
	HST	C	0.11%	0.2%	0.11%
	IDXX	C	0.36%	0.32%	0.32%
	IEX	D	0.13%	0.19%	0.13%
	INCY	C	0.1%	0.2%	0.1%
	IPGP	F	0.02%	0.08%	0.02%
	IT	B	0.34%	0.34%	0.34%
	JAZZ	D	0.06%	0.09%	0.06%
	JBL	D	0.11%	0.13%	0.11%
	JKHY	B	0.11%	0.15%	0.11%
	KEYS	C	0.23%	0.23%	0.23%
	LAMR	B	0.1%	0.24%	0.1%
	LDOS	B	0.18%	0.17%	0.17%
	LECO	F	0.09%	0.18%	0.09%
	LEN	B	0.02%	0.27%	0.02%
	LEN	B	0.39%	0.27%	0.27%
	LOPE	D	0.04%	0.2%	0.04%
	LSCC	D	0.05%	0.16%	0.05%
	LSTR	D	0.06%	0.21%	0.06%
	LYV	B	0.14%	0.18%	0.14%
	MAA	B	0.17%	0.23%	0.17%
	MANH	B	0.14%	0.24%	0.14%
	MCHP	F	0.36%	0.3%	0.3%
	MEDP	F	0.08%	0.18%	0.08%
	MOH	D	0.18%	0.18%	0.18%
	MPWR	C	0.38%	0.23%	0.23%
	MSGS	B	0.03%	0.15%	0.03%
	MSM	D	0.03%	0.13%	0.03%
	MTCH	C	0.08%	0.14%	0.08%
	MTD	D	0.25%	0.25%	0.25%
	MTSI	D	0.05%	0.1%	0.05%
	NDAQ	A	0.26%	0.29%	0.26%
	NDSN	C	0.12%	0.11%	0.11%
	NFG	B	0.05%	0.19%	0.05%
	NTAP	D	0.21%	0.18%	0.18%
	NTNX	C	0.13%	0.15%	0.13%
	NVR	B	0.24%	0.33%	0.24%
	OGE	C	0.07%	0.22%	0.07%
	OKTA	F	0.1%	0.11%	0.1%
	OLN	D	0.05%	0.1%	0.05%
	PATH	D	0.04%	0.12%	0.04%
	PAYC	D	0.08%	0.19%	0.08%
	PAYX	C	0.38%	0.35%	0.35%
	PCOR	F	0.05%	0.1%	0.05%
	PEG	B	0.37%	0.13%	0.13%
	PEGA	C	0.03%	0.12%	0.03%
	PHM	B	0.26%	0.07%	0.07%
	PINC	C	0.02%	0.02%	0.02%
	PINS	F	0.15%	0.15%	0.15%
	PLTR	B	0.63%	0.38%	0.38%
	POOL	C	0.12%	0.23%	0.12%
	PRI	B	0.08%	0.07%	0.07%
	PSTG	F	0.12%	0.18%	0.12%
	QRVO	F	0.09%	0.17%	0.09%
	RLI	B	0.06%	0.07%	0.06%
	RMD	C	0.32%	0.36%	0.32%
	RNG	F	0.02%	0.18%	0.02%
	ROL	C	0.12%	0.23%	0.12%
	ROST	C	0.45%	0.37%	0.37%
	RS	D	0.14%	0.06%	0.06%
	SAIC	C	0.06%	0.22%	0.06%
	SEIC	C	0.06%	0.22%	0.06%
	SKX	D	0.08%	0.12%	0.08%
	SMAR	C	0.06%	0.14%	0.06%
	SNX	D	0.07%	0.11%	0.07%
	SOLV	C	0.08%	0.05%	0.05%
	SPG	B	0.46%	0.29%	0.29%
	SSNC	B	0.14%	0.14%	0.14%
	SWKS	D	0.14%	0.21%	0.14%
	TDC	F	0.02%	0.15%	0.02%
	TECH	C	0.1%	0.04%	0.04%
	TER	D	0.18%	0.23%	0.18%
	TOST	C	0.1%	0.13%	0.1%
	TPL	B	0.13%	0.07%	0.07%
	TPR	C	0.09%	0.17%	0.09%
	TSCO	C	0.27%	0.12%	0.12%
	TWLO	D	0.09%	0.13%	0.09%
	TYL	C	0.22%	0.2%	0.2%
	UGI	C	0.04%	0.08%	0.04%
	ULTA	D	0.16%	0.16%	0.16%
	VIRT	C	0.02%	0.02%	0.02%
	VRSK	D	0.33%	0.33%	0.33%
	VRSN	D	0.14%	0.23%	0.14%
	VRT	C	0.27%	0.17%	0.17%
	WEC	C	0.26%	0.26%	0.26%
	WH	B	0.05%	0.08%	0.05%
	WMS	D	0.09%	0.16%	0.09%
	WRB	C	0.16%	0.28%	0.16%
	WSM	D	0.16%	0.22%	0.16%
	WSO	C	0.14%	0.24%	0.14%
	WU	F	0.03%	0.16%	0.03%
	WY	C	0.21%	0.24%	0.21%
	YETI	D	0.03%	0.1%	0.03%
	YUM	D	0.33%	0.3%	0.3%
	ZI	D	0.03%	0.08%	0.03%
	ZM	C	0.15%	0.16%	0.15%
	ZS	F	0.14%	0.13%	0.13%

IWR Overweight 625 Positions Relative to JQUA

	Symbol	Grade	Weight
	DHI	B	0.5%
	WMB	B	0.48%
	HLT	B	0.47%
	OKE	B	0.47%
	O	C	0.47%
	DLR	B	0.45%
	BK	B	0.45%
	ALL	B	0.43%
	URI	B	0.42%
	TTD	B	0.41%
	FIS	B	0.41%
	KVUE	C	0.39%
	FICO	B	0.39%
	IQV	C	0.38%
	MSCI	C	0.38%
	LHX	C	0.38%
	PRU	C	0.37%
	PCG	C	0.37%
	KMI	B	0.36%
	LNG	C	0.36%
	CMI	C	0.36%
	GIS	B	0.36%
	CTVA	B	0.35%
	RCL	B	0.35%
	EXC	C	0.35%
	COR	D	0.35%
	AME	C	0.34%
	HUM	F	0.34%
	HWM	B	0.34%
	FERG	D	0.34%
	PWR	B	0.34%
	EFX	B	0.33%
	ODFL	D	0.33%
	OTIS	C	0.33%
	SYY	D	0.33%
	CBRE	A	0.32%
	IR	C	0.32%
	GEHC	C	0.32%
	KR	C	0.32%
	DOW	D	0.31%
	VICI	C	0.31%
	XEL	B	0.31%
	SQ	D	0.31%
	HES	F	0.31%
	DD	B	0.3%
	IRM	C	0.3%
	NUE	F	0.3%
	DFS	B	0.29%
	AVB	B	0.29%
	BKR	C	0.29%
	ALNY	C	0.29%
	XYL	C	0.28%
	MLM	D	0.28%
	CHTR	D	0.28%
	VEEV	C	0.28%
	COIN	F	0.28%
	GLW	C	0.28%
	EIX	C	0.28%
	TRGP	B	0.28%
	FANG	D	0.27%
	ON	D	0.27%
	VMC	D	0.27%
	VST	C	0.26%
	WAB	B	0.26%
	HSY	C	0.26%
	PPG	D	0.26%
	WTW	C	0.26%
	ADM	D	0.26%
	ROK	D	0.26%
	MTB	B	0.25%
	GPN	D	0.25%
	BIIB	F	0.25%
	AWK	B	0.25%
	FITB	B	0.25%
	DAL	C	0.25%
	VLTO	C	0.24%
	AXON	B	0.24%
	ETR	B	0.24%
	DXCM	F	0.24%
	CAH	C	0.24%
	CPNG	B	0.24%
	FTV	C	0.23%
	DTE	C	0.23%
	SBAC	C	0.23%
	VTR	C	0.23%
	ARES	B	0.23%
	IFF	B	0.23%
	GRMN	D	0.23%
	HAL	F	0.22%
	DVN	F	0.22%
	STT	A	0.22%
	DOV	B	0.22%
	TTWO	C	0.22%
	FE	C	0.22%
	NET	D	0.21%
	ES	C	0.21%
	PPL	C	0.21%
	HUBS	D	0.21%
	STE	C	0.21%
	FSLR	C	0.21%
	LYB	D	0.21%
	AEE	C	0.2%
	RJF	C	0.2%
	INVH	C	0.2%
	SMCI	F	0.2%
	TROW	D	0.2%
	RBLX	B	0.2%
	WDC	D	0.19%
	CPAY	B	0.19%
	ARE	C	0.19%
	COO	B	0.19%
	GDDY	C	0.19%
	HUBB	B	0.19%
	ZBH	F	0.19%
	WST	D	0.19%
	FCNCA	D	0.19%
	MSTR	D	0.19%
	ESS	B	0.18%
	TDY	B	0.18%
	MKL	C	0.18%
	BAH	C	0.18%
	BAX	C	0.18%
	RF	B	0.18%
	PTC	D	0.18%
	ILMN	C	0.18%
	BALL	C	0.18%
	WBD	D	0.18%
	CMS	C	0.18%
	HBAN	B	0.18%
	CINF	B	0.18%
	MKC	C	0.18%
	K	B	0.18%
	LII	B	0.17%
	SYF	C	0.17%
	PFG	B	0.17%
	GPC	D	0.17%
	WAT	C	0.17%
	OMC	B	0.17%
	TRU	B	0.17%
	EQT	D	0.17%
	MDB	D	0.17%
	NTRS	A	0.16%
	J	C	0.16%
	SUI	B	0.16%
	AVTR	B	0.16%
	ALGN	D	0.16%
	EME	B	0.16%
	CFG	C	0.16%
	DG	F	0.16%
	LH	C	0.16%
	PKG	B	0.16%
	APTV	D	0.16%
	EG	C	0.15%
	HEI	B	0.15%
	TXT	D	0.15%
	STLD	F	0.15%
	DKNG	C	0.15%
	IP	B	0.15%
	DGX	B	0.15%
	LUV	C	0.15%
	CCL	C	0.15%
	ZBRA	B	0.15%
	TSN	C	0.15%
	NRG	C	0.15%
	BURL	B	0.15%
	AVY	C	0.15%
	MAS	B	0.15%
	CNP	C	0.15%
	FWONK	C	0.14%
	SWK	B	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%
	PODD	B	0.14%
	UAL	C	0.14%
	NTRA	C	0.13%
	LVS	D	0.13%
	OC	D	0.13%
	L	C	0.13%
	SNA	C	0.13%
	ENPH	D	0.13%
	HOOD	C	0.13%
	UTHR	C	0.13%
	CVNA	B	0.13%
	GEN	B	0.13%
	MRO	C	0.13%
	RVTY	B	0.13%
	KEY	B	0.13%
	PNR	B	0.13%
	NI	B	0.13%
	LNT	B	0.13%
	LPLA	D	0.13%
	CAG	C	0.13%
	RPM	B	0.13%
	UDR	C	0.13%
	ACM	B	0.12%
	IBKR	B	0.12%
	UHS	B	0.12%
	RNR	C	0.12%
	TW	B	0.12%
	WPC	C	0.12%
	BG	D	0.12%
	TRMB	C	0.12%
	CE	F	0.12%
	REG	C	0.12%
	USFD	B	0.12%
	AMH	C	0.12%
	VTRS	D	0.12%
	JBHT	D	0.12%
	DPZ	F	0.12%
	CASY	D	0.12%
	RGA	C	0.12%
	DLTR	F	0.12%
	CW	B	0.11%
	EMN	B	0.11%
	NBIX	F	0.11%
	FIX	B	0.11%
	BLD	D	0.11%
	TTEK	C	0.11%
	ALLE	B	0.11%
	KMX	D	0.11%
	JNPR	B	0.11%
	EQH	C	0.11%
	SJM	C	0.11%
	XPO	D	0.11%
	BXP	B	0.11%
	AES	C	0.11%
	REXR	C	0.1%
	LKQ	F	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%
	SCI	B	0.1%
	HEI	B	0.1%
	SAIA	D	0.1%
	SW	B	0.1%
	WING	B	0.1%
	TFX	C	0.1%
	IPG	C	0.1%
	EXAS	C	0.1%
	FND	C	0.1%
	JLL	B	0.1%
	OLED	C	0.09%
	CHDN	C	0.09%
	CPB	C	0.09%
	GL	C	0.09%
	WWD	D	0.09%
	WTRG	D	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%
	FBIN	B	0.09%
	HII	D	0.09%
	OVV	F	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%
	SF	A	0.08%
	FHN	D	0.08%
	TPX	C	0.08%
	EVR	A	0.08%
	APA	F	0.08%
	TTC	D	0.08%
	DAY	D	0.08%
	WAL	B	0.08%
	OWL	C	0.08%
	CG	D	0.08%
	INGR	B	0.08%
	MGM	F	0.08%
	NNN	C	0.08%
	EGP	B	0.08%
	FYBR	C	0.08%
	BWXT	D	0.08%
	HSIC	C	0.08%
	ORI	B	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%
	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%
	FOXA	B	0.08%
	TAP	D	0.08%
	FRT	C	0.08%
	ONTO	D	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	C	0.07%
	EXEL	C	0.07%
	AXTA	B	0.07%
	CROX	D	0.07%
	AR	F	0.07%
	SSD	D	0.07%
	COKE	C	0.07%
	WBS	D	0.07%
	ITCI	D	0.07%
	FCN	D	0.07%
	RGEN	F	0.07%
	APG	D	0.07%
	GMED	D	0.07%
	FMC	C	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%
	AA	D	0.07%
	KNX	C	0.07%
	GNRC	D	0.07%
	NCLH	C	0.07%
	GLOB	D	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%
	BRX	B	0.07%
	PR	F	0.07%
	NYT	C	0.07%
	BIO	C	0.06%
	STWD	B	0.06%
	CART	A	0.06%
	AZEK	C	0.06%
	LPX	B	0.06%
	H	C	0.06%
	VNO	B	0.06%
	AAON	B	0.06%
	GTLB	D	0.06%
	RHI	D	0.06%
	CFR	C	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%
	RYAN	D	0.06%
	WFRD	F	0.06%
	SNV	C	0.06%
	CGNX	F	0.06%
	FAF	B	0.06%
	LBRDK	F	0.06%
	ARW	C	0.06%
	ZION	D	0.06%
	MTG	B	0.06%
	WTFC	B	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%
	UHAL	A	0.06%
	VKTX	C	0.06%
	MTZ	B	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%
	STAG	C	0.06%
	PNFP	B	0.06%
	WSC	D	0.06%
	DINO	F	0.06%
	CMA	B	0.06%
	DTM	B	0.06%
	FR	B	0.06%
	VNT	F	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%
	AWI	B	0.05%
	GME	F	0.05%
	DAR	F	0.05%
	CLF	F	0.05%
	MDU	C	0.05%
	AGCO	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%
	LFUS	C	0.05%
	ESTC	F	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%
	ROIV	C	0.04%
	GAP	F	0.04%
	PII	D	0.04%
	EEFT	D	0.04%
	KRC	B	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%
	APPF	D	0.04%
	HXL	F	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%
	PK	D	0.03%
	TNL	D	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%
	NVST	D	0.03%
	LBTYA	B	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%
	HUN	D	0.03%
	EPR	B	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%
	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%
	LLYVK	B	0.02%
	VSTS	D	0.02%
	ADT	C	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%
	BOKF	B	0.02%
	CWEN	C	0.02%
	QDEL	D	0.02%
	AAP	F	0.02%
	NCNO	D	0.02%
	SAM	F	0.02%
	SHC	C	0.02%
	AGR	B	0.02%
	VAC	F	0.02%
	AZTA	F	0.02%
	CLVT	D	0.02%
	CACC	F	0.02%
	CC	F	0.02%
	SPB	C	0.02%
	ZG	B	0.02%
	RKT	C	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 95 Positions Relative to JQUA

	Symbol	Grade	Weight
	BRK.A	C	-2.18%
	AAPL	C	-2.0%
	META	B	-1.93%
	MSFT	C	-1.8%
	V	C	-1.78%
	XOM	C	-1.66%
	JNJ	C	-1.64%
	PG	C	-1.63%
	GOOGL	D	-1.62%
	MA	B	-1.62%
	AVGO	C	-1.59%
	COST	B	-1.59%
	NVDA	D	-1.58%
	HD	B	-1.49%
	ABBV	C	-1.46%
	MRK	D	-1.2%
	CRM	D	-1.01%
	ADBE	F	-0.99%
	LIN	B	-0.96%
	MCD	B	-0.96%
	KO	C	-0.95%
	ACN	C	-0.92%
	CSCO	C	-0.9%
	ORCL	C	-0.89%
	AMGN	B	-0.83%
	INTU	C	-0.81%
	QCOM	D	-0.78%
	NOW	B	-0.78%
	UNP	C	-0.76%
	IBM	B	-0.72%
	TJX	B	-0.68%
	LMT	C	-0.67%
	CVX	D	-0.66%
	AMAT	D	-0.66%
	BKNG	C	-0.65%
	REGN	C	-0.63%
	VRTX	D	-0.62%
	MMC	C	-0.61%
	GILD	B	-0.6%
	SPGI	B	-0.6%
	ABT	C	-0.6%
	PANW	D	-0.58%
	ADP	B	-0.58%
	BLK	B	-0.57%
	SBUX	C	-0.56%
	MO	C	-0.56%
	ADI	C	-0.56%
	BMY	C	-0.56%
	VZ	B	-0.54%
	CB	B	-0.54%
	CL	D	-0.52%
	MCO	B	-0.5%
	KLAC	D	-0.5%
	WM	D	-0.49%
	ZTS	C	-0.47%
	CTAS	B	-0.47%
	LRCX	F	-0.46%
	AON	B	-0.43%
	ORLY	C	-0.43%
	ITW	C	-0.43%
	PSA	B	-0.43%
	TRV	C	-0.42%
	ICE	C	-0.42%
	APH	D	-0.42%
	FTNT	C	-0.39%
	AZO	D	-0.39%
	SNPS	D	-0.38%
	COP	D	-0.38%
	CDNS	D	-0.38%
	MAR	C	-0.37%
	ADSK	C	-0.36%
	RSG	D	-0.36%
	KMB	D	-0.36%
	MMM	B	-0.35%
	T	C	-0.34%
	EOG	D	-0.34%
	CPRT	D	-0.33%
	DASH	C	-0.33%
	ROP	C	-0.29%
	CRWD	D	-0.29%
	MRVL	C	-0.29%
	WDAY	D	-0.29%
	ABNB	D	-0.27%
	EW	F	-0.26%
	PGR	B	-0.25%
	MSI	B	-0.24%
	TEAM	D	-0.23%
	WMT	C	-0.22%
	SNOW	F	-0.2%
	MCK	F	-0.2%
	SCCO	D	-0.2%
	DELL	D	-0.16%
	NKE	D	-0.11%
	MPC	F	-0.09%
	UPS	D	-0.04%

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

JQUA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Business Services Diversified Industrials Specialty Retail Drug Manufacturers - Major Insurance - Property & Casualty Semiconductor Equipment & Materials Biotechnology Household & Personal Products Internet Content & Information Capital Markets Diagnostics & Research Industrial Distribution Insurance Brokers Integrated Shipping & Logistics Oil & Gas E&P REIT - Residential

Keywords: S&P 500 Nasdaq 100 Computing Insurance Dow Jones Component Electronics Cloud Computing Work From Home Telecommunications Mobile Devices Semiconductor Software As A Service Integrated Circuits Natural Gas Aerospace Software Cloud Infrastructure Real Estate Investment Trust Clothing IBD 50