IWR vs. QRFT ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)

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 1000Â® Index.

Grade (RS Rating)

Last Trade

$92.81

Average Daily Volume

1,400,234

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.30

Average Daily Volume

4,729

Number of Holdings ^*

340

* may have additional holdings in another (foreign) market

Performance

Period	IWR	QRFT
30 Days	4.45%	1.05%
60 Days	8.30%	4.08%
90 Days	12.51%	6.92%
12 Months	37.62%	36.13%

180 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in QRFT	Overlap
ACI	C	0.07%	0.07%	0.07%
ACM	B	0.12%	0.08%	0.08%
AFG	B	0.08%	0.07%	0.07%
AGCO	F	0.05%	0.06%	0.05%
AKAM	F	0.11%	0.08%	0.08%
ALGN	D	0.13%	0.05%	0.05%
ALL	A	0.42%	0.12%	0.12%
ALLY	C	0.08%	0.08%	0.08%
ALNY	D	0.28%	0.11%	0.11%
AM	B	0.04%	0.06%	0.04%
AMCR	D	0.12%	0.08%	0.08%
ANSS	B	0.24%	0.07%	0.07%
AOS	F	0.07%	0.07%	0.07%
APG	B	0.07%	0.07%	0.07%
APP	A	0.62%	0.05%	0.05%
ARW	F	0.05%	0.06%	0.05%
AVY	F	0.13%	0.1%	0.1%
AYI	A	0.08%	0.06%	0.06%
BAH	C	0.19%	0.05%	0.05%
BAX	F	0.14%	0.09%	0.09%
BIIB	F	0.2%	0.08%	0.08%
BIO	C	0.06%	0.06%	0.06%
BK	B	0.46%	0.12%	0.12%
BKR	B	0.35%	0.08%	0.08%
BMRN	F	0.1%	0.09%	0.09%
BRBR	A	0.07%	0.06%	0.06%
BWA	B	0.06%	0.06%	0.06%
BXP	D	0.11%	0.07%	0.07%
CAG	F	0.11%	0.08%	0.08%
CAH	B	0.24%	0.06%	0.06%
CBRE	B	0.34%	0.07%	0.07%
CBSH	A	0.07%	0.06%	0.06%
CFG	B	0.17%	0.09%	0.09%
CFR	B	0.07%	0.06%	0.06%
CHRW	B	0.1%	0.07%	0.07%
CIEN	B	0.08%	0.06%	0.06%
CLX	B	0.17%	0.09%	0.09%
CMI	B	0.39%	0.1%	0.1%
CNC	F	0.26%	0.1%	0.1%
COIN	B	0.43%	0.13%	0.13%
CR	B	0.07%	0.06%	0.06%
CRUS	F	0.05%	0.06%	0.05%
CSL	C	0.17%	0.04%	0.04%
CTLT	C	0.09%	0.07%	0.07%
CTVA	C	0.33%	0.1%	0.1%
DD	D	0.29%	0.09%	0.09%
DGX	A	0.14%	0.09%	0.09%
DKNG	B	0.15%	0.1%	0.1%
DOCU	A	0.13%	0.07%	0.07%
DOW	F	0.26%	0.11%	0.11%
DOX	A	0.09%	0.06%	0.06%
DPZ	C	0.13%	0.1%	0.1%
DXCM	C	0.23%	0.14%	0.14%
EA	A	0.34%	0.09%	0.09%
EBAY	D	0.25%	0.06%	0.06%
ELAN	D	0.06%	0.07%	0.06%
EMN	D	0.1%	0.08%	0.08%
EQR	D	0.23%	0.06%	0.06%
ESS	C	0.16%	0.1%	0.1%
ETSY	C	0.05%	0.06%	0.05%
EXAS	F	0.08%	0.06%	0.06%
EXEL	B	0.08%	0.06%	0.06%
EXPD	F	0.14%	0.1%	0.1%
EXPE	B	0.19%	0.09%	0.09%
FBIN	F	0.08%	0.06%	0.06%
FDS	A	0.15%	0.09%	0.09%
FFIV	B	0.11%	0.07%	0.07%
FICO	A	0.45%	0.1%	0.1%
FIS	C	0.4%	0.12%	0.12%
FLS	B	0.06%	0.06%	0.06%
FNF	C	0.12%	0.08%	0.08%
FTI	B	0.1%	0.07%	0.07%
GDDY	A	0.2%	0.1%	0.1%
GIS	F	0.3%	0.1%	0.1%
GLW	B	0.3%	0.09%	0.09%
GRMN	A	0.27%	0.08%	0.08%
GTLB	C	0.06%	0.06%	0.06%
GWRE	A	0.13%	0.08%	0.08%
HAS	D	0.07%	0.07%	0.07%
HLT	A	0.49%	0.14%	0.14%
HOLX	D	0.15%	0.09%	0.09%
HOOD	B	0.16%	0.1%	0.1%
HPE	B	0.23%	0.06%	0.06%
HPQ	B	0.29%	0.09%	0.09%
HRB	D	0.07%	0.06%	0.06%
HUBS	A	0.26%	0.08%	0.08%
IFF	F	0.19%	0.06%	0.06%
ILMN	C	0.19%	0.1%	0.1%
INCY	B	0.11%	0.09%	0.09%
INFA	D	0.01%	0.06%	0.01%
IP	B	0.16%	0.09%	0.09%
IRM	C	0.28%	0.06%	0.06%
ITCI	B	0.08%	0.06%	0.06%
IVZ	C	0.05%	0.06%	0.05%
JAZZ	B	0.06%	0.06%	0.06%
JEF	B	0.1%	0.07%	0.07%
JNPR	C	0.1%	0.08%	0.08%
K	A	0.17%	0.1%	0.1%
KBR	B	0.08%	0.06%	0.06%
KD	B	0.05%	0.06%	0.05%
KEY	B	0.14%	0.08%	0.08%
KEYS	B	0.23%	0.06%	0.06%
KR	A	0.32%	0.09%	0.09%
L	B	0.12%	0.09%	0.09%
LDOS	A	0.22%	0.04%	0.04%
LEA	F	0.04%	0.06%	0.04%
LH	B	0.17%	0.09%	0.09%
LHX	B	0.4%	0.12%	0.12%
LYB	F	0.18%	0.08%	0.08%
LYFT	B	0.05%	0.05%	0.05%
MAA	C	0.15%	0.09%	0.09%
MANH	C	0.14%	0.09%	0.09%
MASI	B	0.06%	0.07%	0.06%
MAT	C	0.05%	0.06%	0.05%
MEDP	D	0.07%	0.08%	0.07%
MGM	F	0.07%	0.08%	0.07%
MHK	D	0.06%	0.06%	0.06%
MKSI	D	0.06%	0.07%	0.06%
MSCI	B	0.37%	0.11%	0.11%
MTD	F	0.22%	0.09%	0.09%
MTN	D	0.05%	0.06%	0.05%
NBIX	C	0.1%	0.08%	0.08%
NET	C	0.22%	0.05%	0.05%
NRG	B	0.16%	0.09%	0.09%
NTAP	C	0.21%	0.06%	0.06%
NTNX	B	0.14%	0.08%	0.08%
NTRS	A	0.17%	0.09%	0.09%
NWSA	B	0.09%	0.09%	0.09%
OHI	B	0.08%	0.06%	0.06%
OKTA	C	0.1%	0.09%	0.09%
OLN	D	0.04%	0.06%	0.04%
ORI	A	0.07%	0.06%	0.06%
OTIS	D	0.33%	0.11%	0.11%
PCOR	B	0.06%	0.07%	0.06%
PFG	C	0.16%	0.1%	0.1%
PINS	D	0.14%	0.06%	0.06%
PSTG	D	0.13%	0.05%	0.05%
QRVO	F	0.05%	0.08%	0.05%
RBLX	A	0.22%	0.11%	0.11%
RHI	B	0.06%	0.06%	0.06%
RL	B	0.07%	0.06%	0.06%
ROK	B	0.25%	0.08%	0.08%
ROKU	C	0.08%	0.06%	0.06%
SCI	B	0.1%	0.07%	0.07%
SF	A	0.09%	0.06%	0.06%
SJM	F	0.1%	0.08%	0.08%
SNX	C	0.08%	0.07%	0.07%
SPG	B	0.47%	0.14%	0.14%
SQ	A	0.34%	0.09%	0.09%
SRPT	F	0.09%	0.07%	0.07%
SSNC	C	0.13%	0.09%	0.09%
ST	F	0.04%	0.05%	0.04%
STT	B	0.23%	0.05%	0.05%
SWK	F	0.11%	0.08%	0.08%
SYF	B	0.2%	0.09%	0.09%
TDY	A	0.18%	0.1%	0.1%
TER	D	0.14%	0.05%	0.05%
TOST	A	0.14%	0.07%	0.07%
TSN	C	0.14%	0.09%	0.09%
TTWO	A	0.25%	0.06%	0.06%
TWLO	B	0.13%	0.07%	0.07%
TXT	D	0.13%	0.09%	0.09%
UNM	A	0.09%	0.06%	0.06%
UTHR	B	0.15%	0.08%	0.08%
VOYA	A	0.07%	0.06%	0.06%
VRSK	A	0.33%	0.1%	0.1%
VRSN	C	0.13%	0.1%	0.1%
VTR	C	0.21%	0.05%	0.05%
VTRS	B	0.12%	0.08%	0.08%
WAB	B	0.28%	0.07%	0.07%
WDC	D	0.18%	0.06%	0.06%
WEX	D	0.06%	0.06%	0.06%
WING	D	0.08%	0.08%	0.08%
WSC	F	0.06%	0.06%	0.06%
WTW	A	0.26%	0.07%	0.07%
XPO	B	0.14%	0.08%	0.08%
Z	B	0.09%	0.08%	0.08%
ZBH	C	0.18%	0.05%	0.05%
ZBRA	A	0.17%	0.09%	0.09%
ZION	B	0.07%	0.06%	0.06%

IWR Overweight 622 Positions Relative to QRFT

Symbol	Grade	Weight
PLTR	B	0.95%
WMB	A	0.56%
AJG	B	0.52%
OKE	A	0.51%
AFL	C	0.49%
DLR	B	0.48%
URI	B	0.47%
TTD	A	0.45%
AMP	A	0.45%
RCL	A	0.43%
KMI	A	0.42%
GWW	B	0.42%
O	D	0.41%
DHI	D	0.41%
VST	B	0.4%
FAST	B	0.39%
PAYX	B	0.39%
PWR	B	0.39%
LNG	B	0.38%
ROST	F	0.38%
KVUE	A	0.37%
CCI	F	0.37%
HWM	B	0.37%
PCG	A	0.36%
AME	A	0.36%
ODFL	B	0.36%
VRT	B	0.36%
PEG	D	0.35%
AXON	B	0.35%
DFS	B	0.35%
PRU	B	0.35%
IR	A	0.34%
FERG	B	0.34%
TRGP	A	0.34%
MSTR	A	0.34%
LEN	D	0.33%
IT	A	0.33%
COR	A	0.33%
DAL	A	0.32%
IQV	F	0.32%
HES	C	0.32%
CTSH	A	0.32%
A	F	0.32%
GEHC	D	0.31%
MLM	B	0.31%
NUE	C	0.31%
EXC	D	0.31%
SYY	B	0.31%
MCHP	F	0.31%
YUM	B	0.31%
VMC	B	0.31%
RMD	B	0.3%
ACGL	D	0.3%
CHTR	B	0.3%
DDOG	C	0.3%
XEL	A	0.3%
IDXX	D	0.29%
MPWR	F	0.29%
ED	D	0.28%
FANG	D	0.28%
HIG	C	0.28%
VEEV	B	0.28%
HUM	F	0.28%
MTB	B	0.28%
EXR	D	0.28%
VICI	D	0.27%
AVB	B	0.27%
EFX	D	0.27%
FITB	A	0.26%
EIX	D	0.26%
ETR	B	0.26%
NDAQ	B	0.26%
WEC	B	0.25%
TSCO	D	0.25%
ARES	B	0.25%
CSGP	D	0.25%
PPG	F	0.24%
RJF	A	0.24%
XYL	D	0.24%
ON	D	0.24%
CPNG	C	0.23%
GPN	B	0.23%
UAL	A	0.23%
AWK	D	0.22%
DECK	B	0.22%
NVR	D	0.22%
CDW	F	0.22%
BRO	A	0.22%
SW	C	0.22%
PHM	D	0.22%
DOV	A	0.22%
HSY	D	0.21%
TROW	B	0.21%
HAL	D	0.21%
TPL	A	0.21%
FCNCA	B	0.21%
CHD	B	0.21%
VLTO	D	0.21%
BR	A	0.21%
CVNA	B	0.21%
TYL	B	0.21%
FTV	D	0.21%
EQT	A	0.2%
DTE	D	0.2%
PPL	A	0.2%
DVN	F	0.2%
ADM	F	0.2%
HBAN	A	0.2%
CPAY	A	0.2%
HUBB	B	0.2%
PTC	B	0.19%
LPLA	A	0.19%
WY	F	0.19%
WST	C	0.19%
RF	A	0.19%
EME	B	0.19%
FE	D	0.19%
AEE	A	0.19%
CCL	A	0.19%
SBAC	D	0.19%
ATO	A	0.18%
STLD	B	0.18%
WBD	C	0.18%
WAT	B	0.18%
CINF	A	0.18%
MDB	C	0.17%
INVH	D	0.17%
FSLR	F	0.17%
TRU	D	0.17%
CBOE	D	0.17%
EXE	A	0.17%
MKL	A	0.17%
PKG	B	0.17%
ZM	A	0.17%
BLDR	D	0.17%
STE	F	0.17%
ES	F	0.17%
BBY	D	0.16%
CNP	B	0.16%
LYV	A	0.16%
MKC	D	0.16%
ARE	F	0.16%
DRI	B	0.16%
CMS	D	0.16%
LII	B	0.16%
COO	D	0.16%
OMC	B	0.16%
ZS	B	0.15%
IBKR	A	0.15%
J	B	0.15%
CTRA	C	0.15%
WSO	A	0.15%
RS	B	0.15%
ULTA	C	0.15%
BALL	D	0.15%
SNA	A	0.15%
PODD	B	0.15%
LUV	B	0.15%
MOH	F	0.15%
BURL	C	0.14%
FWONK	C	0.14%
DG	F	0.14%
GPC	D	0.14%
RPM	B	0.14%
PNR	B	0.14%
IEX	B	0.14%
TRMB	B	0.14%
WRB	B	0.14%
MAS	D	0.14%
LVS	C	0.14%
SUI	F	0.13%
DT	C	0.13%
THC	B	0.13%
JBHT	B	0.13%
ENTG	D	0.13%
EG	D	0.13%
DOC	C	0.13%
MRO	B	0.13%
GEN	A	0.13%
TOL	B	0.13%
NI	A	0.13%
FIX	B	0.13%
KIM	B	0.13%
OC	B	0.13%
WSM	F	0.13%
HEI	C	0.13%
EQH	B	0.12%
SWKS	F	0.12%
SAIA	B	0.12%
COHR	B	0.12%
UDR	D	0.12%
GGG	B	0.12%
CW	B	0.12%
RGA	A	0.12%
LNT	C	0.12%
NDSN	B	0.12%
JBL	B	0.12%
RVTY	C	0.12%
NTRA	B	0.12%
CF	B	0.12%
USFD	A	0.12%
CASY	A	0.12%
TW	B	0.12%
APTV	F	0.12%
AVTR	F	0.12%
GLPI	D	0.11%
JKHY	C	0.11%
PFGC	B	0.11%
ELS	C	0.11%
TXRH	B	0.11%
CLH	B	0.11%
SOFI	B	0.11%
REG	B	0.11%
RNR	D	0.11%
POOL	D	0.11%
EVRG	A	0.11%
ROL	B	0.11%
EWBC	A	0.11%
LECO	B	0.1%
TECH	C	0.1%
ALB	C	0.1%
KMX	C	0.1%
BJ	B	0.1%
DUOL	B	0.1%
TPR	B	0.1%
UHS	D	0.1%
SMCI	F	0.1%
BG	D	0.1%
DAY	B	0.1%
WPC	F	0.1%
DLTR	F	0.1%
TTEK	C	0.1%
AMH	D	0.1%
CPT	D	0.1%
CACI	B	0.1%
ITT	A	0.1%
HST	C	0.1%
ALLE	D	0.1%
NVT	B	0.1%
JLL	C	0.1%
EPAM	C	0.1%
FND	F	0.09%
AFRM	A	0.09%
WWD	B	0.09%
FHN	B	0.09%
LBRDK	B	0.09%
AIZ	A	0.09%
CUBE	D	0.09%
CCK	B	0.09%
CRL	C	0.09%
EVR	B	0.09%
GNRC	B	0.09%
CAVA	B	0.09%
LAMR	D	0.09%
IPG	F	0.09%
AA	C	0.09%
DKS	D	0.09%
OVV	C	0.09%
BWXT	A	0.09%
CG	B	0.09%
HEI	C	0.09%
OWL	B	0.09%
RRX	C	0.09%
ATR	A	0.09%
PAYC	B	0.09%
LW	C	0.09%
BLD	F	0.09%
NCLH	A	0.09%
CE	F	0.08%
TFX	F	0.08%
REXR	F	0.08%
MORN	A	0.08%
DCI	A	0.08%
GME	C	0.08%
LNW	C	0.08%
PCTY	A	0.08%
CNH	D	0.08%
KNX	B	0.08%
FRT	C	0.08%
AAON	B	0.08%
TKO	D	0.08%
WMS	F	0.08%
DTM	A	0.08%
MUSA	B	0.08%
AES	F	0.08%
WAL	B	0.08%
GL	B	0.08%
GLOB	B	0.08%
PR	B	0.08%
HLI	B	0.08%
RGLD	C	0.08%
WBS	B	0.08%
NLY	D	0.08%
INGR	B	0.08%
WTRG	B	0.08%
SOLV	C	0.08%
KNSL	C	0.08%
LKQ	D	0.08%
LAD	B	0.08%
MKTX	C	0.08%
CHDN	C	0.08%
EHC	B	0.08%
ARMK	C	0.08%
FOXA	A	0.08%
RPRX	F	0.08%
PRI	A	0.08%
EXP	B	0.08%
PNW	B	0.08%
ALSN	B	0.08%
TAP	B	0.08%
SSD	D	0.07%
HII	D	0.07%
G	B	0.07%
VNO	C	0.07%
SNV	B	0.07%
CHRD	F	0.07%
SKX	F	0.07%
CART	B	0.07%
PLNT	B	0.07%
CHE	D	0.07%
WTFC	A	0.07%
CNM	D	0.07%
OLED	F	0.07%
AR	B	0.07%
FYBR	D	0.07%
EGP	D	0.07%
OGE	B	0.07%
WYNN	F	0.07%
ONTO	F	0.07%
BRX	B	0.07%
HSIC	F	0.07%
PEN	B	0.07%
GPK	D	0.07%
RIVN	F	0.07%
CPB	F	0.07%
HRL	F	0.07%
CMA	B	0.07%
AXTA	B	0.07%
CZR	D	0.07%
ENPH	F	0.07%
MOS	D	0.07%
TTC	D	0.07%
WCC	B	0.07%
MTZ	B	0.07%
AAL	B	0.07%
NYT	C	0.07%
RBC	B	0.07%
GMED	B	0.07%
TPX	C	0.07%
X	B	0.07%
PNFP	B	0.07%
AZEK	B	0.06%
LSTR	B	0.06%
H	C	0.06%
VMI	B	0.06%
R	B	0.06%
SN	D	0.06%
GNTX	C	0.06%
GXO	B	0.06%
FR	D	0.06%
ESTC	C	0.06%
AGNC	D	0.06%
DOCS	B	0.06%
FCN	D	0.06%
PB	A	0.06%
LPX	A	0.06%
RLI	A	0.06%
ATI	D	0.06%
VKTX	D	0.06%
FRPT	B	0.06%
VFC	C	0.06%
OSK	B	0.06%
RYAN	B	0.06%
COKE	D	0.06%
WH	A	0.06%
CGNX	B	0.06%
KEX	A	0.06%
FMC	F	0.06%
LSCC	C	0.06%
ESAB	B	0.06%
MIDD	C	0.06%
SMAR	B	0.06%
ADC	B	0.06%
DVA	C	0.06%
S	B	0.06%
MTSI	B	0.06%
BERY	C	0.06%
NNN	F	0.06%
SAIC	B	0.06%
RRC	B	0.06%
RGEN	D	0.06%
MTCH	F	0.06%
TREX	C	0.06%
BILL	A	0.06%
APA	F	0.06%
SEIC	A	0.06%
THO	B	0.05%
VVV	B	0.05%
LITE	B	0.05%
JHG	B	0.05%
BC	D	0.05%
THG	A	0.05%
INSP	D	0.05%
FNB	A	0.05%
IDA	A	0.05%
PVH	C	0.05%
AMG	C	0.05%
WHR	B	0.05%
PATH	C	0.05%
BEN	C	0.05%
OLLI	D	0.05%
CROX	F	0.05%
U	D	0.05%
STWD	D	0.05%
IONS	F	0.05%
VNT	B	0.05%
CLF	D	0.05%
OMF	B	0.05%
FOUR	B	0.05%
LFUS	D	0.05%
MTG	D	0.05%
BRKR	F	0.05%
WFRD	D	0.05%
SIRI	C	0.05%
COLB	B	0.05%
LAZ	B	0.05%
ESI	B	0.05%
MSA	D	0.05%
DAR	B	0.05%
ALK	A	0.05%
NOV	D	0.05%
ELF	C	0.05%
FAF	D	0.05%
WBA	D	0.05%
COLD	F	0.05%
DBX	B	0.05%
AXS	B	0.05%
CFLT	B	0.05%
PARA	C	0.05%
DINO	D	0.05%
AZPN	B	0.05%
MTDR	C	0.05%
AWI	A	0.05%
BFAM	F	0.05%
BPOP	C	0.05%
SITE	C	0.05%
UHAL	C	0.05%
STAG	F	0.05%
BBWI	C	0.05%
HR	C	0.05%
BSY	D	0.05%
GFS	C	0.04%
GAP	C	0.04%
DLB	C	0.04%
WLK	F	0.04%
EEFT	C	0.04%
SLGN	A	0.04%
RARE	F	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%
RH	B	0.04%
UGI	D	0.04%
SON	F	0.04%
HXL	D	0.04%
SLM	B	0.04%
LOPE	B	0.04%
ROIV	D	0.04%
AVT	C	0.04%
BYD	A	0.04%
CELH	F	0.04%
PSN	A	0.04%
BROS	B	0.04%
NXST	C	0.04%
CCCS	B	0.04%
APPF	B	0.04%
LNC	B	0.04%
CIVI	F	0.04%
NFG	C	0.04%
FOX	A	0.04%
POST	D	0.04%
RITM	D	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	C	0.03%
APLS	F	0.03%
ECG	C	0.03%
YETI	C	0.03%
LBTYA	C	0.03%
LBTYK	D	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	C	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	C	0.03%
OGN	F	0.03%
AN	D	0.03%
MSGS	B	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	D	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	D	0.02%
PINC	B	0.02%
SHC	D	0.02%
SPB	A	0.02%
ENOV	C	0.02%
AGR	C	0.02%
MP	B	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	F	0.02%
DV	C	0.02%
COLM	B	0.02%
LLYVK	B	0.02%
TDC	D	0.02%
MPW	F	0.02%
PAG	C	0.02%
CC	D	0.02%
NSA	D	0.02%
MAN	F	0.02%
PK	B	0.02%
SMG	C	0.02%
UWMC	F	0.01%
SEB	F	0.01%
TFSL	A	0.01%
CWEN	D	0.01%
LOAR	B	0.01%
CNA	D	0.01%
AS	B	0.01%
DDS	C	0.01%
LLYVA	A	0.01%
WOLF	F	0.01%
PYCR	C	0.01%
UI	A	0.01%
CERT	F	0.01%
SNDR	A	0.01%
REYN	D	0.01%
CAR	C	0.01%
LEG	F	0.01%
TXG	F	0.01%
TRIP	D	0.01%
LBRDA	B	0.01%
UA	B	0.01%
GO	D	0.01%
FWONA	B	0.01%
CRI	F	0.01%
QS	F	0.01%
UAA	B	0.01%
BIRK	F	0.01%
LEN	D	0.01%
DJT	D	0.01%
PARAA	B	0.0%
SEG	C	0.0%
GRAL	C	0.0%
UHAL	C	0.0%
NFE	F	0.0%
PLTK	B	0.0%

IWR Underweight 160 Positions Relative to QRFT

Symbol	Grade	Weight
AAPL	D	-9.44%
MSFT	C	-9.23%
GOOGL	B	-6.03%
AMZN	B	-4.91%
META	B	-3.83%
LLY	D	-2.9%
AVGO	B	-2.79%
WMT	A	-1.74%
MA	A	-1.42%
ORCL	A	-1.37%
PG	D	-1.37%
JNJ	F	-1.26%
MRK	F	-1.14%
ABBV	D	-1.03%
NFLX	A	-1.0%
AMD	F	-0.9%
QCOM	F	-0.84%
ADBE	C	-0.82%
PEP	F	-0.82%
CRM	B	-0.82%
NVDA	A	-0.81%
TMO	F	-0.8%
AMAT	F	-0.72%
CSCO	A	-0.64%
ABT	B	-0.63%
ACN	C	-0.63%
CAT	B	-0.59%
MU	C	-0.59%
GE	C	-0.59%
INTU	A	-0.58%
AMGN	F	-0.56%
PM	C	-0.55%
IBM	D	-0.54%
NOW	A	-0.52%
UBER	F	-0.51%
PFE	F	-0.5%
CMCSA	B	-0.48%
LOW	B	-0.48%
RTX	C	-0.48%
HON	B	-0.47%
BKNG	A	-0.46%
SYK	A	-0.46%
VRTX	B	-0.43%
INTC	C	-0.43%
MDT	D	-0.41%
REGN	F	-0.4%
ADI	D	-0.4%
KLAC	F	-0.39%
BA	F	-0.38%
LMT	D	-0.38%
NKE	F	-0.37%
DE	D	-0.37%
ADP	A	-0.35%
CI	D	-0.33%
SNPS	B	-0.32%
WM	A	-0.32%
FI	A	-0.31%
MELI	D	-0.31%
MDLZ	F	-0.3%
CDNS	B	-0.3%
GILD	B	-0.3%
TT	A	-0.3%
SHOP	B	-0.29%
MO	A	-0.27%
MCK	B	-0.27%
BDX	D	-0.27%
BMY	B	-0.27%
CL	F	-0.27%
CSX	B	-0.26%
ITW	B	-0.25%
CME	B	-0.25%
NXPI	F	-0.24%
NOC	C	-0.22%
PYPL	B	-0.22%
BRK.A	C	-0.22%
MAR	A	-0.22%
MPC	D	-0.21%
AON	A	-0.2%
SPOT	A	-0.19%
MSI	B	-0.19%
MRVL	B	-0.19%
ORLY	A	-0.18%
ABNB	C	-0.18%
MMM	D	-0.16%
MRNA	F	-0.16%
MET	C	-0.15%
GM	B	-0.15%
FTNT	A	-0.14%
AZO	C	-0.14%
TFC	A	-0.14%
ADSK	B	-0.14%
WDAY	B	-0.13%
TSLA	B	-0.12%
F	C	-0.12%
DELL	C	-0.11%
SNAP	C	-0.11%
DASH	A	-0.11%
SNOW	C	-0.11%
CHKP	D	-0.1%
XOM	B	-0.1%
KHC	F	-0.1%
DHR	F	-0.09%
UNH	B	-0.09%
LIN	D	-0.09%
INSM	D	-0.08%
MS	A	-0.08%
WEST	C	-0.08%
CYBR	B	-0.08%
AXP	B	-0.08%
YUMC	B	-0.08%
ISRG	A	-0.08%
TXN	B	-0.08%
MCD	D	-0.08%
V	A	-0.08%
PLD	F	-0.07%
KKR	B	-0.07%
PANW	A	-0.07%
BSX	A	-0.07%
COST	B	-0.07%
WIX	B	-0.07%
COP	C	-0.07%
ANET	C	-0.07%
BLK	B	-0.07%
ELV	F	-0.07%
ETN	A	-0.07%
UNP	D	-0.07%
SCHW	A	-0.07%
TJX	B	-0.07%
NEE	D	-0.07%
SPGI	D	-0.07%
MNDY	C	-0.07%
GOLD	F	-0.07%
GS	B	-0.07%
SCCO	D	-0.06%
SHW	B	-0.06%
CNI	F	-0.06%
DUK	D	-0.06%
GD	A	-0.06%
ZTS	F	-0.06%
ICE	D	-0.06%
SO	D	-0.06%
BPMC	B	-0.06%
APH	B	-0.06%
BX	B	-0.06%
SBUX	B	-0.06%
ALV	C	-0.06%
TD	D	-0.06%
HD	B	-0.06%
AMT	F	-0.06%
EL	F	-0.06%
TEAM	B	-0.06%
MMC	C	-0.06%
CB	D	-0.06%
CMG	B	-0.06%
KO	F	-0.05%
CVX	B	-0.05%
TDG	B	-0.05%
STX	D	-0.05%
IOT	B	-0.05%
CHX	D	-0.05%