IWR vs. SUSL ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to iShares ESG MSCI USA Leaders ETF (SUSL)

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

$87.95

Average Daily Volume

1,141,867

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

SUSL

iShares ESG MSCI USA Leaders ETF

SUSL Description

The investment seeks to track the investment results of the MSCI Japan Equal Weighted Index (USD) composed of equal weighted Japanese equities. The index is designed to represent an alternative weighting methodology to its market capitalization-weighted parent index, the MSCI Japan Index (the "parent index"). The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$101.19

Average Daily Volume

28,736

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	IWR	SUSL
30 Days	4.05%	4.69%
60 Days	10.52%	11.05%
90 Days	9.48%	2.33%
12 Months	31.66%	36.33%

189 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in SUSL	Overlap
	A	B	0.37%	0.16%	0.16%
	ACGL	A	0.35%	0.16%	0.16%
	ACI	F	0.07%	0.03%	0.03%
	AFL	A	0.54%	0.22%	0.22%
	AIZ	B	0.09%	0.04%	0.04%
	AKAM	D	0.13%	0.06%	0.06%
	ALGN	D	0.16%	0.07%	0.07%
	ALL	A	0.43%	0.19%	0.19%
	ALLE	A	0.11%	0.05%	0.05%
	ALLY	F	0.08%	0.04%	0.04%
	AMP	A	0.41%	0.17%	0.17%
	ANSS	D	0.23%	0.11%	0.11%
	APTV	D	0.16%	0.07%	0.07%
	ATO	A	0.18%	0.08%	0.08%
	AVTR	D	0.15%	0.07%	0.07%
	AVY	D	0.15%	0.07%	0.07%
	AWK	D	0.24%	0.11%	0.11%
	AXON	A	0.24%	0.11%	0.11%
	AZPN	A	0.05%	0.03%	0.03%
	BALL	C	0.18%	0.08%	0.08%
	BBWI	F	0.06%	0.03%	0.03%
	BBY	C	0.19%	0.08%	0.08%
	BEN	F	0.05%	0.02%	0.02%
	BG	F	0.12%	0.05%	0.05%
	BIIB	F	0.24%	0.11%	0.11%
	BK	A	0.45%	0.2%	0.2%
	BKR	B	0.31%	0.13%	0.13%
	BR	B	0.21%	0.09%	0.09%
	BURL	C	0.14%	0.07%	0.07%
	BXP	B	0.11%	0.04%	0.04%
	CAG	D	0.13%	0.06%	0.06%
	CBOE	B	0.19%	0.08%	0.08%
	CBRE	C	0.32%	0.14%	0.14%
	CCI	D	0.44%	0.19%	0.19%
	CFG	C	0.15%	0.07%	0.07%
	CHD	D	0.22%	0.09%	0.09%
	CHRW	C	0.11%	0.05%	0.05%
	CHTR	D	0.26%	0.11%	0.11%
	CLX	C	0.18%	0.08%	0.08%
	CMI	A	0.38%	0.17%	0.17%
	CMS	A	0.18%	0.08%	0.08%
	CNH	C	0.08%	0.04%	0.04%
	COO	C	0.18%	0.08%	0.08%
	COR	F	0.32%	0.15%	0.15%
	CPB	D	0.08%	0.04%	0.04%
	CTLT	A	0.09%	0.04%	0.04%
	DAL	C	0.28%	0.03%	0.03%
	DAY	C	0.08%	0.03%	0.03%
	DECK	B	0.2%	0.09%	0.09%
	DFS	A	0.29%	0.13%	0.13%
	DGX	D	0.15%	0.06%	0.06%
	DHI	C	0.49%	0.21%	0.21%
	DINO	F	0.06%	0.03%	0.03%
	DLR	C	0.44%	0.2%	0.2%
	DOC	C	0.14%	0.06%	0.06%
	DOCU	A	0.11%	0.05%	0.05%
	DOV	C	0.22%	0.1%	0.1%
	DPZ	D	0.13%	0.06%	0.06%
	DRI	C	0.17%	0.08%	0.08%
	DVA	C	0.07%	0.03%	0.03%
	DXCM	F	0.23%	0.1%	0.1%
	EA	D	0.33%	0.14%	0.14%
	EBAY	A	0.28%	0.12%	0.12%
	ED	C	0.31%	0.13%	0.13%
	EIX	C	0.29%	0.12%	0.12%
	EME	B	0.17%	0.08%	0.08%
	ENPH	F	0.13%	0.06%	0.06%
	EQH	B	0.11%	0.05%	0.05%
	ES	D	0.2%	0.09%	0.09%
	EXC	C	0.35%	0.15%	0.15%
	EXPD	D	0.16%	0.07%	0.07%
	FBIN	C	0.09%	0.04%	0.04%
	FDS	C	0.15%	0.06%	0.06%
	FERG	F	0.34%	0.15%	0.15%
	FICO	C	0.39%	0.18%	0.18%
	FIS	A	0.4%	0.17%	0.17%
	FOX	B	0.04%	0.02%	0.02%
	FOXA	B	0.08%	0.04%	0.04%
	FSLR	C	0.22%	0.1%	0.1%
	FTV	C	0.23%	0.1%	0.1%
	GEHC	C	0.35%	0.15%	0.15%
	GEN	A	0.13%	0.06%	0.06%
	GGG	C	0.12%	0.05%	0.05%
	GIS	C	0.36%	0.16%	0.16%
	GPC	D	0.17%	0.07%	0.07%
	GWW	B	0.39%	0.17%	0.17%
	HAL	D	0.23%	0.09%	0.09%
	HBAN	B	0.18%	0.08%	0.08%
	HIG	A	0.29%	0.13%	0.13%
	HLT	A	0.48%	0.22%	0.22%
	HOLX	D	0.16%	0.07%	0.07%
	HPE	B	0.22%	0.1%	0.1%
	HPQ	B	0.29%	0.14%	0.14%
	HRL	F	0.08%	0.04%	0.04%
	HSIC	D	0.08%	0.03%	0.03%
	HUBS	D	0.22%	0.1%	0.1%
	HUM	F	0.29%	0.14%	0.14%
	IDXX	D	0.35%	0.16%	0.16%
	IEX	D	0.14%	0.06%	0.06%
	IFF	D	0.23%	0.1%	0.1%
	IP	C	0.15%	0.06%	0.06%
	IPG	D	0.1%	0.04%	0.04%
	IQV	F	0.36%	0.16%	0.16%
	IR	A	0.34%	0.15%	0.15%
	IRM	B	0.29%	0.13%	0.13%
	IT	A	0.32%	0.15%	0.15%
	JBHT	D	0.12%	0.05%	0.05%
	JNPR	C	0.11%	0.05%	0.05%
	K	B	0.18%	0.08%	0.08%
	KEY	B	0.13%	0.06%	0.06%
	KEYS	B	0.23%	0.1%	0.1%
	KMX	F	0.11%	0.05%	0.05%
	KNX	D	0.07%	0.03%	0.03%
	KR	C	0.32%	0.14%	0.14%
	LH	D	0.16%	0.07%	0.07%
	LII	C	0.16%	0.07%	0.07%
	LKQ	F	0.09%	0.04%	0.04%
	LNG	A	0.36%	0.15%	0.15%
	LPLA	D	0.15%	0.06%	0.06%
	LW	D	0.08%	0.04%	0.04%
	LYB	B	0.21%	0.09%	0.09%
	MANH	A	0.14%	0.07%	0.07%
	MKC	C	0.18%	0.08%	0.08%
	MKTX	B	0.08%	0.04%	0.04%
	MLM	F	0.28%	0.12%	0.12%
	MOH	F	0.17%	0.07%	0.07%
	MTD	C	0.27%	0.12%	0.12%
	NBIX	F	0.1%	0.04%	0.04%
	NDAQ	C	0.26%	0.12%	0.12%
	NI	A	0.13%	0.06%	0.06%
	NLY	C	0.08%	0.04%	0.04%
	NRG	A	0.16%	0.07%	0.07%
	NTAP	D	0.21%	0.1%	0.1%
	NTRS	B	0.15%	0.07%	0.07%
	NUE	D	0.31%	0.14%	0.14%
	NVR	C	0.24%	0.11%	0.11%
	OC	C	0.13%	0.06%	0.06%
	ODFL	F	0.33%	0.14%	0.14%
	OKE	A	0.46%	0.2%	0.2%
	OMC	C	0.17%	0.08%	0.08%
	PAYX	B	0.39%	0.16%	0.16%
	PFG	A	0.17%	0.08%	0.08%
	PHM	C	0.26%	0.11%	0.11%
	PNR	C	0.14%	0.06%	0.06%
	PODD	C	0.14%	0.06%	0.06%
	POOL	D	0.12%	0.05%	0.05%
	PPG	D	0.26%	0.12%	0.12%
	PRU	B	0.37%	0.16%	0.16%
	PTC	B	0.18%	0.08%	0.08%
	PWR	A	0.37%	0.16%	0.16%
	RCL	B	0.35%	0.17%	0.17%
	RF	B	0.18%	0.08%	0.08%
	RIVN	F	0.07%	0.03%	0.03%
	RJF	B	0.2%	0.09%	0.09%
	ROK	D	0.26%	0.12%	0.12%
	SBAC	C	0.22%	0.1%	0.1%
	SJM	D	0.11%	0.05%	0.05%
	SOLV	C	0.08%	0.04%	0.04%
	STE	D	0.2%	0.09%	0.09%
	STLD	C	0.16%	0.07%	0.07%
	STT	A	0.22%	0.1%	0.1%
	SW	C	0.22%	0.1%	0.1%
	SYF	A	0.17%	0.07%	0.07%
	TECH	D	0.1%	0.05%	0.05%
	TFX	C	0.1%	0.04%	0.04%
	TRGP	A	0.28%	0.12%	0.12%
	TRMB	B	0.13%	0.06%	0.06%
	TROW	D	0.2%	0.09%	0.09%
	TRU	C	0.17%	0.08%	0.08%
	TSCO	A	0.27%	0.12%	0.12%
	TTC	F	0.08%	0.03%	0.03%
	TTWO	D	0.22%	0.1%	0.1%
	TWLO	B	0.09%	0.04%	0.04%
	ULTA	D	0.16%	0.07%	0.07%
	URI	C	0.46%	0.2%	0.2%
	VLTO	A	0.23%	0.1%	0.1%
	WAT	B	0.18%	0.08%	0.08%
	WBA	F	0.05%	0.02%	0.02%
	WDC	C	0.19%	0.09%	0.09%
	WMB	A	0.48%	0.21%	0.21%
	WSM	C	0.16%	0.07%	0.07%
	WST	D	0.19%	0.08%	0.08%
	WTRG	D	0.08%	0.04%	0.04%
	WTW	C	0.26%	0.11%	0.11%
	WY	C	0.21%	0.09%	0.09%
	XYL	C	0.28%	0.12%	0.12%
	YUM	C	0.34%	0.15%	0.15%
	ZBH	F	0.19%	0.08%	0.08%
	ZS	F	0.13%	0.06%	0.06%

IWR Overweight 613 Positions Relative to SUSL

	Symbol	Grade	Weight
	PLTR	A	0.63%
	AJG	C	0.53%
	SPG	A	0.47%
	O	C	0.47%
	ROST	D	0.42%
	TTD	A	0.41%
	LHX	A	0.4%
	PEG	A	0.39%
	MSCI	B	0.38%
	LEN	C	0.38%
	KVUE	C	0.37%
	KMI	A	0.37%
	MPWR	B	0.36%
	OTIS	A	0.36%
	VST	A	0.36%
	PCG	C	0.36%
	CTVA	A	0.35%
	FAST	C	0.35%
	HWM	A	0.35%
	MCHP	F	0.35%
	VRSK	D	0.33%
	DOW	B	0.33%
	SYY	D	0.33%
	HES	D	0.33%
	CNC	F	0.33%
	AME	C	0.33%
	EXR	D	0.32%
	CTSH	B	0.32%
	XEL	C	0.31%
	SQ	D	0.31%
	DD	C	0.31%
	RMD	C	0.3%
	ALNY	C	0.3%
	VRT	B	0.3%
	EFX	D	0.3%
	FANG	D	0.29%
	DDOG	B	0.29%
	GLW	C	0.29%
	VICI	C	0.29%
	APP	A	0.29%
	COIN	F	0.28%
	VMC	D	0.28%
	AVB	C	0.27%
	WAB	A	0.27%
	CSGP	F	0.26%
	ON	F	0.26%
	WEC	B	0.26%
	VEEV	C	0.26%
	MTB	A	0.25%
	CDW	D	0.25%
	HSY	D	0.24%
	EQR	C	0.24%
	CPNG	C	0.24%
	ETR	A	0.24%
	ADM	F	0.24%
	FITB	C	0.24%
	ARES	A	0.24%
	DTE	B	0.23%
	GRMN	D	0.23%
	CAH	B	0.23%
	MSTR	B	0.22%
	GPN	F	0.22%
	FE	C	0.22%
	VTR	C	0.22%
	TYL	D	0.21%
	PPL	C	0.21%
	DVN	F	0.21%
	BRO	A	0.21%
	HUBB	A	0.2%
	AEE	A	0.2%
	BLDR	C	0.2%
	NET	D	0.2%
	GDDY	B	0.19%
	FCNCA	D	0.19%
	LDOS	A	0.19%
	RBLX	D	0.19%
	ILMN	B	0.18%
	CSL	A	0.18%
	BAH	C	0.18%
	CINF	A	0.18%
	INVH	D	0.18%
	EQT	C	0.18%
	CPAY	A	0.18%
	PINS	D	0.17%
	WBD	F	0.17%
	TER	C	0.17%
	SMCI	F	0.17%
	MKL	B	0.17%
	ARE	D	0.17%
	TDY	A	0.17%
	MDB	D	0.16%
	LVS	B	0.16%
	MAA	D	0.16%
	UAL	A	0.16%
	MAS	C	0.16%
	CHK	C	0.16%
	EXPE	B	0.16%
	DG	F	0.16%
	ZBRA	B	0.16%
	ESS	D	0.16%
	BAX	D	0.16%
	CNP	B	0.16%
	CVNA	A	0.16%
	PKG	B	0.16%
	EG	A	0.15%
	WSO	C	0.15%
	TPL	A	0.15%
	DKNG	C	0.15%
	LYV	A	0.15%
	LUV	B	0.15%
	CTRA	D	0.15%
	CCL	C	0.15%
	ZM	B	0.15%
	VRSN	C	0.14%
	SSNC	C	0.14%
	CF	A	0.14%
	TOL	C	0.14%
	AMCR	C	0.14%
	TXT	F	0.14%
	J	F	0.14%
	SUI	D	0.14%
	ENTG	D	0.14%
	RS	D	0.14%
	HEI	C	0.14%
	SWK	C	0.14%
	TSN	D	0.14%
	WRB	C	0.14%
	IBKR	A	0.13%
	UDR	C	0.13%
	CE	D	0.13%
	NDSN	C	0.13%
	GWRE	A	0.13%
	HOOD	B	0.13%
	SNA	C	0.13%
	PSTG	F	0.13%
	KIM	C	0.13%
	RPM	A	0.13%
	RVTY	C	0.13%
	SWKS	F	0.13%
	DT	B	0.13%
	FNF	C	0.13%
	MRO	B	0.13%
	THC	D	0.13%
	UTHR	C	0.13%
	LNT	B	0.13%
	FWONK	D	0.13%
	VTRS	D	0.12%
	FIX	A	0.12%
	NTNX	C	0.12%
	EVRG	C	0.12%
	ACM	A	0.12%
	CASY	D	0.12%
	USFD	C	0.12%
	RNR	A	0.12%
	ROL	C	0.12%
	L	C	0.12%
	DLTR	F	0.12%
	RGA	B	0.12%
	AES	C	0.12%
	NTRA	A	0.12%
	TW	A	0.12%
	CLH	B	0.11%
	WING	C	0.11%
	EXAS	C	0.11%
	TTEK	A	0.11%
	JLL	C	0.11%
	TOST	B	0.11%
	CPT	C	0.11%
	FND	C	0.11%
	FFIV	B	0.11%
	AMH	D	0.11%
	CW	A	0.11%
	BLD	D	0.11%
	EMN	C	0.11%
	ELS	D	0.11%
	UHS	D	0.11%
	JKHY	A	0.11%
	BMRN	F	0.11%
	JBL	C	0.11%
	REG	C	0.11%
	GLPI	C	0.11%
	WPC	C	0.11%
	CACI	A	0.1%
	RPRX	D	0.1%
	BJ	B	0.1%
	CCK	C	0.1%
	SCI	D	0.1%
	NVT	C	0.1%
	LAMR	C	0.1%
	SAIA	D	0.1%
	DKS	D	0.1%
	HEI	C	0.1%
	OKTA	F	0.1%
	COHR	B	0.1%
	FTI	B	0.1%
	TXRH	A	0.1%
	CUBE	C	0.1%
	PFGC	A	0.1%
	ITT	C	0.1%
	XPO	F	0.1%
	HST	D	0.1%
	CRL	F	0.09%
	ARMK	C	0.09%
	OHI	C	0.09%
	TAP	D	0.09%
	DOX	B	0.09%
	NWSA	D	0.09%
	WWD	C	0.09%
	HAS	A	0.09%
	WYNN	B	0.09%
	BWXT	A	0.09%
	Z	C	0.09%
	PNW	C	0.09%
	DUOL	B	0.09%
	HII	F	0.09%
	LECO	D	0.09%
	KNSL	B	0.09%
	ATR	A	0.09%
	OVV	D	0.09%
	TPR	B	0.09%
	REXR	D	0.09%
	AOS	C	0.09%
	JEF	A	0.09%
	INCY	B	0.09%
	RRX	B	0.09%
	EPAM	F	0.09%
	WMS	D	0.09%
	EWBC	B	0.09%
	ALB	D	0.09%
	SRPT	F	0.09%
	SNX	C	0.08%
	EGP	D	0.08%
	KBR	A	0.08%
	NNN	C	0.08%
	DCI	B	0.08%
	CZR	B	0.08%
	CHE	D	0.08%
	ORI	A	0.08%
	SKX	B	0.08%
	CIEN	A	0.08%
	GPK	D	0.08%
	NYT	C	0.08%
	AFRM	C	0.08%
	INGR	B	0.08%
	UNM	A	0.08%
	EVR	C	0.08%
	WAL	C	0.08%
	MGM	D	0.08%
	PR	D	0.08%
	TPX	C	0.08%
	PRI	A	0.08%
	CAVA	B	0.08%
	MUSA	D	0.08%
	GL	C	0.08%
	AYI	A	0.08%
	SF	A	0.08%
	APA	F	0.08%
	GNRC	B	0.08%
	RGLD	C	0.08%
	FRT	D	0.08%
	ROKU	C	0.08%
	CG	B	0.08%
	QRVO	F	0.08%
	EXP	C	0.08%
	CHDN	C	0.08%
	EHC	C	0.08%
	OLED	B	0.08%
	TKO	A	0.08%
	MTCH	B	0.08%
	AFG	A	0.08%
	AA	B	0.08%
	OWL	A	0.08%
	ONTO	B	0.08%
	AGNC	B	0.07%
	CR	A	0.07%
	WBS	D	0.07%
	DTM	A	0.07%
	BERY	C	0.07%
	MTZ	A	0.07%
	RL	B	0.07%
	X	F	0.07%
	AXTA	C	0.07%
	GMED	B	0.07%
	SOFI	C	0.07%
	LNW	F	0.07%
	COKE	C	0.07%
	COLD	D	0.07%
	VOYA	A	0.07%
	BFAM	C	0.07%
	FCN	C	0.07%
	BRBR	A	0.07%
	BWA	C	0.07%
	SSD	B	0.07%
	CHRD	F	0.07%
	RGEN	F	0.07%
	ATI	C	0.07%
	FMC	C	0.07%
	FHN	D	0.07%
	GME	D	0.07%
	OGE	C	0.07%
	HLI	A	0.07%
	GLOB	D	0.07%
	AR	C	0.07%
	BRX	C	0.07%
	MHK	C	0.07%
	CNM	F	0.07%
	CROX	C	0.07%
	PAYC	D	0.07%
	MORN	B	0.07%
	MEDP	F	0.07%
	NCLH	C	0.07%
	ALSN	A	0.07%
	WEX	C	0.07%
	RBC	C	0.07%
	LAD	C	0.07%
	MOS	F	0.07%
	HRB	C	0.07%
	FYBR	C	0.07%
	LBRDK	C	0.07%
	U	D	0.06%
	MAT	B	0.06%
	H	B	0.06%
	RLI	A	0.06%
	VKTX	C	0.06%
	BIO	B	0.06%
	MTG	A	0.06%
	FAF	C	0.06%
	MTN	D	0.06%
	ZION	D	0.06%
	LSTR	F	0.06%
	SITE	D	0.06%
	AZEK	D	0.06%
	JAZZ	F	0.06%
	RHI	D	0.06%
	FLS	A	0.06%
	WTFC	B	0.06%
	BPOP	D	0.06%
	HR	D	0.06%
	GNTX	D	0.06%
	CGNX	F	0.06%
	CBSH	D	0.06%
	G	A	0.06%
	SEIC	B	0.06%
	VNO	B	0.06%
	WSC	D	0.06%
	LSCC	D	0.06%
	CART	B	0.06%
	BSY	D	0.06%
	VFC	A	0.06%
	RYAN	A	0.06%
	LPX	C	0.06%
	STAG	D	0.06%
	ARW	C	0.06%
	MKSI	F	0.06%
	PNFP	B	0.06%
	PEN	D	0.06%
	PLNT	B	0.06%
	SN	A	0.06%
	PCTY	C	0.06%
	AAL	D	0.06%
	KEX	C	0.06%
	ELAN	D	0.06%
	SAIC	A	0.06%
	UHAL	C	0.06%
	WCC	D	0.06%
	FR	D	0.06%
	AAON	A	0.06%
	BRKR	D	0.06%
	RRC	D	0.06%
	TREX	D	0.06%
	MIDD	D	0.06%
	APG	F	0.06%
	SMAR	A	0.06%
	ADC	C	0.06%
	ITCI	D	0.06%
	EXEL	B	0.06%
	CMA	C	0.06%
	ST	F	0.05%
	APPF	C	0.05%
	SON	D	0.05%
	COLB	C	0.05%
	XRAY	D	0.05%
	VVV	D	0.05%
	DOCS	A	0.05%
	THG	A	0.05%
	LAZ	C	0.05%
	TKR	B	0.05%
	PVH	D	0.05%
	FOUR	A	0.05%
	NFG	A	0.05%
	CELH	F	0.05%
	PATH	D	0.05%
	AMG	B	0.05%
	SIRI	C	0.05%
	BC	C	0.05%
	MDU	C	0.05%
	RITM	D	0.05%
	OLN	D	0.05%
	SRCL	B	0.05%
	ALK	C	0.05%
	THO	C	0.05%
	WHR	C	0.05%
	ACHC	F	0.05%
	POST	C	0.05%
	VMI	B	0.05%
	ELF	F	0.05%
	MASI	B	0.05%
	DAR	F	0.05%
	OLLI	C	0.05%
	AWI	A	0.05%
	GTLB	D	0.05%
	ESAB	C	0.05%
	GXO	D	0.05%
	MTDR	D	0.05%
	CLF	D	0.05%
	MTSI	B	0.05%
	ESI	C	0.05%
	WH	C	0.05%
	DBX	C	0.05%
	ETSY	F	0.05%
	LEA	F	0.05%
	ESTC	F	0.05%
	SNV	D	0.05%
	INSP	C	0.05%
	IONS	F	0.05%
	AGCO	D	0.05%
	R	C	0.05%
	AXS	A	0.05%
	PCOR	D	0.05%
	STWD	C	0.05%
	PB	D	0.05%
	IVZ	A	0.05%
	FRPT	A	0.05%
	WFRD	F	0.05%
	S	C	0.05%
	PARA	F	0.05%
	CFR	B	0.05%
	MSA	F	0.05%
	NOV	F	0.05%
	CRUS	D	0.05%
	LFUS	C	0.05%
	OSK	F	0.05%
	AGO	B	0.04%
	LITE	A	0.04%
	LOPE	D	0.04%
	GAP	F	0.04%
	M	D	0.04%
	PII	D	0.04%
	FLO	D	0.04%
	ASH	F	0.04%
	SLGN	B	0.04%
	EEFT	F	0.04%
	BYD	B	0.04%
	WTM	C	0.04%
	OZK	D	0.04%
	DLB	D	0.04%
	CUZ	C	0.04%
	KRC	C	0.04%
	LYFT	D	0.04%
	AN	D	0.04%
	HOG	D	0.04%
	AL	D	0.04%
	CFLT	F	0.04%
	RYN	C	0.04%
	VNOM	A	0.04%
	LINE	F	0.04%
	SLM	B	0.04%
	CPRI	C	0.04%
	HCP	A	0.04%
	PSN	A	0.04%
	OGN	F	0.04%
	AVT	B	0.04%
	FNB	D	0.04%
	ROIV	D	0.04%
	LNC	B	0.04%
	JHG	A	0.04%
	TPG	A	0.04%
	FIVE	D	0.04%
	CCCS	D	0.04%
	HXL	F	0.04%
	SEE	C	0.04%
	RH	C	0.04%
	WLK	C	0.04%
	W	C	0.04%
	RARE	D	0.04%
	NXST	D	0.04%
	KD	D	0.04%
	UGI	C	0.04%
	AM	A	0.04%
	VNT	F	0.04%
	OMF	D	0.04%
	CIVI	F	0.04%
	IDA	D	0.04%
	BILL	D	0.04%
	LCID	F	0.03%
	ZG	C	0.03%
	CC	D	0.03%
	WU	D	0.03%
	PAG	D	0.03%
	WEN	B	0.03%
	TNL	B	0.03%
	AMED	D	0.03%
	NWL	D	0.03%
	ZI	F	0.03%
	PEGA	B	0.03%
	NWS	D	0.03%
	AMTM	D	0.03%
	NSA	D	0.03%
	AMKR	F	0.03%
	NVST	D	0.03%
	MAN	D	0.03%
	MPW	C	0.03%
	YETI	C	0.03%
	PRGO	F	0.03%
	LBTYA	C	0.03%
	DNB	D	0.03%
	COTY	F	0.03%
	LBTYK	C	0.03%
	HIW	C	0.03%
	BROS	F	0.03%
	DXC	C	0.03%
	GTES	C	0.03%
	CHH	A	0.03%
	IRDM	C	0.03%
	EPR	C	0.03%
	SMG	C	0.03%
	NEU	F	0.03%
	KMPR	D	0.03%
	GFS	F	0.03%
	SPR	D	0.03%
	IAC	C	0.03%
	HUN	B	0.03%
	MSGS	A	0.03%
	MSM	D	0.03%
	LEG	D	0.02%
	BIRK	F	0.02%
	QS	F	0.02%
	LEN	C	0.02%
	IPGP	D	0.02%
	VSTS	D	0.02%
	FIVN	F	0.02%
	PINC	F	0.02%
	PPC	C	0.02%
	ADT	D	0.02%
	HAYW	C	0.02%
	JWN	D	0.02%
	RCM	B	0.02%
	AAP	F	0.02%
	TXG	F	0.02%
	ENOV	F	0.02%
	BOKF	B	0.02%
	KSS	D	0.02%
	MP	C	0.02%
	CRI	D	0.02%
	LLYVK	B	0.02%
	QDEL	D	0.02%
	HHH	C	0.02%
	CNXC	F	0.02%
	DV	F	0.02%
	SHC	C	0.02%
	VIRT	B	0.02%
	CWEN	C	0.02%
	AZTA	F	0.02%
	RNG	F	0.02%
	SPB	C	0.02%
	AGR	C	0.02%
	NCNO	F	0.02%
	SAM	D	0.02%
	VAC	D	0.02%
	CLVT	D	0.02%
	CXT	F	0.02%
	RKT	D	0.02%
	ALGM	F	0.02%
	BHF	D	0.02%
	CACC	F	0.02%
	PENN	D	0.02%
	COLM	B	0.02%
	FHB	D	0.02%
	TDC	D	0.02%
	APLS	F	0.02%
	PK	D	0.02%
	UHAL	C	0.01%
	TFSL	D	0.01%
	NFE	F	0.01%
	LOAR	B	0.01%
	UWMC	D	0.01%
	SEB	F	0.01%
	UI	B	0.01%
	DJT	F	0.01%
	AS	B	0.01%
	CWEN	C	0.01%
	LLYVA	B	0.01%
	PYCR	D	0.01%
	CNA	D	0.01%
	ALAB	C	0.01%
	WOLF	F	0.01%
	DDS	D	0.01%
	SNDR	D	0.01%
	LBRDA	C	0.01%
	CERT	F	0.01%
	CAR	D	0.01%
	TRIP	D	0.01%
	INFA	D	0.01%
	UA	B	0.01%
	FWONA	C	0.01%
	GO	F	0.01%
	FTRE	F	0.01%
	UAA	B	0.01%
	REYN	D	0.01%
	SEG	F	0.0%
	PARAA	D	0.0%
	GRAL	F	0.0%
	PLTK	C	0.0%

IWR Underweight 104 Positions Relative to SUSL

	Symbol	Grade	Weight
	NVDA	B	-11.48%
	MSFT	D	-11.46%
	GOOGL	B	-3.6%
	GOOG	B	-3.12%
	LLY	D	-2.76%
	TSLA	C	-2.74%
	V	B	-1.61%
	PG	D	-1.54%
	MA	A	-1.53%
	HD	A	-1.48%
	JNJ	D	-1.46%
	KO	C	-1.1%
	MRK	F	-1.08%
	AMD	C	-1.02%
	CRM	B	-1.01%
	PEP	F	-0.88%
	LIN	C	-0.87%
	ADBE	F	-0.86%
	ACN	B	-0.84%
	MCD	A	-0.82%
	IBM	A	-0.77%
	GE	B	-0.76%
	TXN	C	-0.72%
	CAT	A	-0.72%
	VZ	C	-0.71%
	DHR	D	-0.69%
	NOW	B	-0.68%
	INTU	F	-0.67%
	DIS	D	-0.65%
	AMAT	C	-0.65%
	AMGN	D	-0.64%
	SPGI	C	-0.62%
	CMCSA	B	-0.6%
	AXP	A	-0.58%
	LOW	C	-0.57%
	PGR	B	-0.56%
	UNP	F	-0.56%
	BKNG	B	-0.54%
	BLK	A	-0.53%
	ETN	B	-0.5%
	TJX	D	-0.5%
	MS	A	-0.48%
	ELV	F	-0.45%
	PLD	D	-0.44%
	MMC	D	-0.42%
	LRCX	D	-0.42%
	ADP	A	-0.42%
	AMT	D	-0.41%
	NKE	D	-0.41%
	PANW	B	-0.41%
	DE	C	-0.4%
	GILD	A	-0.39%
	FI	A	-0.39%
	INTC	D	-0.38%
	BMY	A	-0.38%
	UPS	D	-0.37%
	CI	D	-0.37%
	MELI	D	-0.36%
	SCHW	D	-0.36%
	ICE	A	-0.34%
	TT	A	-0.33%
	ZTS	C	-0.33%
	EQIX	C	-0.31%
	SNPS	F	-0.3%
	HCA	C	-0.3%
	PYPL	A	-0.3%
	CL	D	-0.3%
	MMM	C	-0.29%
	MCO	D	-0.29%
	ITW	C	-0.29%
	CDNS	D	-0.28%
	CTAS	C	-0.28%
	WELL	C	-0.28%
	USB	C	-0.27%
	TGT	C	-0.27%
	PNC	C	-0.27%
	ORLY	A	-0.26%
	ECL	C	-0.25%
	CSX	D	-0.25%
	APD	C	-0.25%
	MRVL	C	-0.24%
	NEM	C	-0.24%
	CRH	C	-0.24%
	CARR	A	-0.24%
	NXPI	F	-0.23%
	MPC	D	-0.22%
	SLB	D	-0.22%
	ADSK	B	-0.22%
	PSX	D	-0.21%
	TFC	D	-0.21%
	COF	A	-0.21%
	WDAY	D	-0.2%
	TRV	B	-0.2%
	AZO	D	-0.2%
	JCI	C	-0.19%
	SRE	C	-0.19%
	KMB	D	-0.18%
	VLO	F	-0.17%
	DASH	A	-0.16%
	EW	F	-0.15%
	KDP	C	-0.15%
	LULU	D	-0.12%
	TEAM	D	-0.1%
	STX	C	-0.08%

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

SUSL: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Diagnostics & Research Specialty Retail Business Services Capital Markets Packaged Foods Asset Management Banks - Regional - US Credit Services Drug Manufacturers - Major Semiconductors Specialty Chemicals Household & Personal Products Medical Instruments & Supplies Health Care Plans Insurance - Diversified Integrated Shipping & Logistics Medical Devices Oil & Gas Midstream

Keywords: S&P 500 Nasdaq 100 Computing Insurance Dow Jones Component Natural Gas Chemical Bank Banking Medicine Mining Beverage Electronics Investment Bank Telecommunications Building Materials Cloud Computing Disability Electricity Financial Products