IWR vs. TPLC ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to Timothy Plan US Large Cap Core ETF (TPLC)

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

TPLC

Timothy Plan US Large Cap Core ETF

TPLC Description

The investment seeks to provide investment results that track the performance of the Victory US Large Cap Volatility Weighted BRI Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets directly or indirectly in the securities included in the Victory US Large Cap Volatility Weighted BRI Index, an unmanaged, volatility weighted index created by the Sub-Advisor. The index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities.

Grade (RS Rating)

Last Trade

$44.04

Average Daily Volume

27,065

Number of Holdings ^*

283

* may have additional holdings in another (foreign) market

Performance

Period	IWR	TPLC
30 Days	4.05%	4.12%
60 Days	10.52%	10.33%
90 Days	9.48%	9.08%
12 Months	31.66%	30.95%

226 Overlapping Holdings

	Symbol	Grade	Weight in IWR	Weight in TPLC	Overlap
	A	B	0.37%	0.32%	0.32%
	ACGL	A	0.35%	0.45%	0.35%
	ACM	A	0.12%	0.43%	0.12%
	AEE	A	0.2%	0.46%	0.2%
	AES	C	0.12%	0.26%	0.12%
	AFG	A	0.08%	0.42%	0.08%
	AFL	A	0.54%	0.57%	0.54%
	AJG	C	0.53%	0.56%	0.53%
	AKAM	D	0.13%	0.38%	0.13%
	ALB	D	0.09%	0.11%	0.09%
	ALGN	D	0.16%	0.13%	0.13%
	ALLE	A	0.11%	0.38%	0.11%
	AME	C	0.33%	0.5%	0.33%
	AOS	C	0.09%	0.39%	0.09%
	APP	A	0.29%	0.23%	0.23%
	APTV	D	0.16%	0.23%	0.16%
	ATO	A	0.18%	0.6%	0.18%
	AVTR	D	0.15%	0.27%	0.15%
	AVY	D	0.15%	0.49%	0.15%
	AWK	D	0.24%	0.46%	0.24%
	AXON	A	0.24%	0.3%	0.24%
	BALL	C	0.18%	0.3%	0.18%
	BEN	F	0.05%	0.23%	0.05%
	BKR	B	0.31%	0.41%	0.31%
	BLD	D	0.11%	0.21%	0.11%
	BLDR	C	0.2%	0.2%	0.2%
	BMRN	F	0.11%	0.22%	0.11%
	BRKR	D	0.06%	0.19%	0.06%
	BRO	A	0.21%	0.55%	0.21%
	BSY	D	0.06%	0.28%	0.06%
	BURL	C	0.14%	0.26%	0.14%
	CAH	B	0.23%	0.4%	0.23%
	CASY	D	0.12%	0.41%	0.12%
	CBOE	B	0.19%	0.52%	0.19%
	CDW	D	0.25%	0.4%	0.25%
	CE	D	0.13%	0.28%	0.13%
	CELH	F	0.05%	0.05%	0.05%
	CF	A	0.14%	0.34%	0.14%
	CHK	C	0.16%	0.29%	0.16%
	CINF	A	0.18%	0.46%	0.18%
	CMS	A	0.18%	0.52%	0.18%
	CNP	B	0.16%	0.46%	0.16%
	COIN	F	0.28%	0.07%	0.07%
	COR	F	0.32%	0.5%	0.32%
	COTY	F	0.03%	0.21%	0.03%
	CPAY	A	0.18%	0.34%	0.18%
	CPB	D	0.08%	0.43%	0.08%
	CPNG	C	0.24%	0.25%	0.24%
	CRL	F	0.09%	0.2%	0.09%
	CSGP	F	0.26%	0.24%	0.24%
	CSL	A	0.18%	0.35%	0.18%
	CTRA	D	0.15%	0.31%	0.15%
	CTSH	B	0.32%	0.43%	0.32%
	CVNA	A	0.16%	0.18%	0.16%
	DAY	C	0.08%	0.25%	0.08%
	DDOG	B	0.29%	0.14%	0.14%
	DECK	B	0.2%	0.25%	0.2%
	DG	F	0.16%	0.13%	0.13%
	DHI	C	0.49%	0.34%	0.34%
	DINO	F	0.06%	0.21%	0.06%
	DLTR	F	0.12%	0.14%	0.12%
	DOCU	A	0.11%	0.22%	0.11%
	DOV	C	0.22%	0.47%	0.22%
	DPZ	D	0.13%	0.31%	0.13%
	DT	B	0.13%	0.3%	0.13%
	DTE	B	0.23%	0.49%	0.23%
	DVA	C	0.07%	0.27%	0.07%
	DVN	F	0.21%	0.22%	0.21%
	DXCM	F	0.23%	0.09%	0.09%
	ED	C	0.31%	0.53%	0.31%
	EFX	D	0.3%	0.33%	0.3%
	EG	A	0.15%	0.37%	0.15%
	EME	B	0.17%	0.37%	0.17%
	ENPH	F	0.13%	0.12%	0.12%
	ENTG	D	0.14%	0.19%	0.14%
	EPAM	F	0.09%	0.19%	0.09%
	EQH	B	0.11%	0.37%	0.11%
	EQT	C	0.18%	0.24%	0.18%
	ESTC	F	0.05%	0.1%	0.05%
	ETR	A	0.24%	0.56%	0.24%
	EVRG	C	0.12%	0.48%	0.12%
	EXPD	D	0.16%	0.45%	0.16%
	FANG	D	0.29%	0.29%	0.29%
	FAST	C	0.35%	0.41%	0.35%
	FCNCA	D	0.19%	0.34%	0.19%
	FDS	C	0.15%	0.46%	0.15%
	FFIV	B	0.11%	0.51%	0.11%
	FICO	C	0.39%	0.46%	0.39%
	FIVE	D	0.04%	0.13%	0.04%
	FIX	A	0.12%	0.29%	0.12%
	FND	C	0.11%	0.23%	0.11%
	FSLR	C	0.22%	0.24%	0.22%
	FTV	C	0.23%	0.37%	0.23%
	GEHC	C	0.35%	0.31%	0.31%
	GGG	C	0.12%	0.38%	0.12%
	GL	C	0.08%	0.91%	0.08%
	GPC	D	0.17%	0.33%	0.17%
	GRMN	D	0.23%	0.45%	0.23%
	GWW	B	0.39%	0.43%	0.39%
	HAL	D	0.23%	0.24%	0.23%
	HEI	C	0.14%	0.54%	0.14%
	HEI	C	0.1%	0.54%	0.1%
	HII	F	0.09%	0.37%	0.09%
	HRL	F	0.08%	0.26%	0.08%
	HUBB	A	0.2%	0.34%	0.2%
	HUM	F	0.29%	0.25%	0.25%
	HWM	A	0.35%	0.59%	0.35%
	IBKR	A	0.13%	0.42%	0.13%
	IDXX	D	0.35%	0.27%	0.27%
	IEX	D	0.14%	0.42%	0.14%
	INCY	B	0.09%	0.4%	0.09%
	IP	C	0.15%	0.37%	0.15%
	IQV	F	0.36%	0.28%	0.28%
	IR	A	0.34%	0.42%	0.34%
	IT	A	0.32%	0.34%	0.32%
	JBHT	D	0.12%	0.29%	0.12%
	JBL	C	0.11%	0.16%	0.11%
	JKHY	A	0.11%	0.43%	0.11%
	KEYS	B	0.23%	0.29%	0.23%
	KMI	A	0.37%	0.62%	0.37%
	KMX	F	0.11%	0.24%	0.11%
	KNSL	B	0.09%	0.22%	0.09%
	LDOS	A	0.19%	0.55%	0.19%
	LECO	D	0.09%	0.28%	0.09%
	LEN	C	0.38%	0.32%	0.32%
	LEN	C	0.02%	0.32%	0.02%
	LII	C	0.16%	0.38%	0.16%
	LKQ	F	0.09%	0.33%	0.09%
	LNG	A	0.36%	0.45%	0.36%
	LNT	B	0.13%	0.53%	0.13%
	LPLA	D	0.15%	0.28%	0.15%
	LSCC	D	0.06%	0.12%	0.06%
	LW	D	0.08%	0.25%	0.08%
	LYB	B	0.21%	0.41%	0.21%
	LYV	A	0.15%	0.34%	0.15%
	MANH	A	0.14%	0.35%	0.14%
	MAS	C	0.16%	0.37%	0.16%
	MCHP	F	0.35%	0.23%	0.23%
	MEDP	F	0.07%	0.17%	0.07%
	MKC	C	0.18%	0.36%	0.18%
	MKL	B	0.17%	0.38%	0.17%
	MLM	F	0.28%	0.32%	0.28%
	MORN	B	0.07%	0.31%	0.07%
	MPWR	B	0.36%	0.25%	0.25%
	MRO	B	0.13%	0.27%	0.13%
	MSCI	B	0.38%	0.35%	0.35%
	MSTR	B	0.22%	0.1%	0.1%
	MTD	C	0.27%	0.35%	0.27%
	NBIX	F	0.1%	0.28%	0.1%
	NDAQ	C	0.26%	0.48%	0.26%
	NI	A	0.13%	0.5%	0.13%
	NTAP	D	0.21%	0.3%	0.21%
	NUE	D	0.31%	0.25%	0.25%
	NVR	C	0.24%	0.42%	0.24%
	ODFL	F	0.33%	0.25%	0.25%
	OKE	A	0.46%	0.49%	0.46%
	ON	F	0.26%	0.18%	0.18%
	OTIS	A	0.36%	0.57%	0.36%
	OVV	D	0.09%	0.21%	0.09%
	PAYX	B	0.39%	0.52%	0.39%
	PEG	A	0.39%	0.59%	0.39%
	PFG	A	0.17%	0.44%	0.17%
	PHM	C	0.26%	0.34%	0.26%
	PKG	B	0.16%	0.45%	0.16%
	PLTR	A	0.63%	0.19%	0.19%
	PODD	C	0.14%	0.24%	0.14%
	POOL	D	0.12%	0.27%	0.12%
	PPG	D	0.26%	0.41%	0.26%
	PR	D	0.08%	0.2%	0.08%
	PSTG	F	0.13%	0.16%	0.13%
	PTC	B	0.18%	0.39%	0.18%
	PWR	A	0.37%	0.31%	0.31%
	RGA	B	0.12%	0.52%	0.12%
	RGEN	F	0.07%	0.15%	0.07%
	RMD	C	0.3%	0.28%	0.28%
	RNR	A	0.12%	0.37%	0.12%
	ROK	D	0.26%	0.23%	0.23%
	ROL	C	0.12%	0.37%	0.12%
	ROST	D	0.42%	0.46%	0.42%
	RPM	A	0.13%	0.38%	0.13%
	RS	D	0.14%	0.29%	0.14%
	RVTY	C	0.13%	0.29%	0.13%
	RYAN	A	0.06%	0.52%	0.06%
	SAIA	D	0.1%	0.16%	0.1%
	SCI	D	0.1%	0.35%	0.1%
	SMCI	F	0.17%	0.04%	0.04%
	SNA	C	0.13%	0.38%	0.13%
	SQ	D	0.31%	0.13%	0.13%
	SSNC	C	0.14%	0.48%	0.14%
	STE	D	0.2%	0.47%	0.2%
	STLD	C	0.16%	0.26%	0.16%
	SWKS	F	0.13%	0.28%	0.13%
	SYY	D	0.33%	0.48%	0.33%
	TDY	A	0.17%	0.44%	0.17%
	TER	C	0.17%	0.3%	0.17%
	TOL	C	0.14%	0.31%	0.14%
	TPL	A	0.15%	0.36%	0.15%
	TRGP	A	0.28%	0.48%	0.28%
	TRMB	B	0.13%	0.27%	0.13%
	TSCO	A	0.27%	0.43%	0.27%
	TTD	A	0.41%	0.21%	0.21%
	TW	A	0.12%	0.44%	0.12%
	TXT	F	0.14%	0.32%	0.14%
	TYL	D	0.21%	0.47%	0.21%
	UHAL	C	0.06%	0.32%	0.06%
	UHAL	C	0.01%	0.32%	0.01%
	URI	C	0.46%	0.27%	0.27%
	USFD	C	0.12%	0.48%	0.12%
	UTHR	C	0.13%	0.52%	0.13%
	VEEV	C	0.26%	0.26%	0.26%
	VLTO	A	0.23%	0.32%	0.23%
	VMC	D	0.28%	0.36%	0.28%
	VRSK	D	0.33%	0.58%	0.33%
	VRT	B	0.3%	0.17%	0.17%
	VST	A	0.36%	0.51%	0.36%
	WAB	A	0.27%	0.58%	0.27%
	WAT	B	0.18%	0.31%	0.18%
	WEC	B	0.26%	0.5%	0.26%
	WLK	C	0.04%	0.3%	0.04%
	WMB	A	0.48%	0.58%	0.48%
	WMS	D	0.09%	0.23%	0.09%
	WRB	C	0.14%	0.43%	0.14%
	WSO	C	0.15%	0.36%	0.15%
	WST	D	0.19%	0.2%	0.19%
	XYL	C	0.28%	0.43%	0.28%
	ZBRA	B	0.16%	0.24%	0.16%

IWR Overweight 576 Positions Relative to TPLC

	Symbol	Grade	Weight
	HLT	A	0.48%
	SPG	A	0.47%
	O	C	0.47%
	BK	A	0.45%
	DLR	C	0.44%
	CCI	D	0.44%
	ALL	A	0.43%
	AMP	A	0.41%
	LHX	A	0.4%
	FIS	A	0.4%
	CMI	A	0.38%
	PRU	B	0.37%
	KVUE	C	0.37%
	GIS	C	0.36%
	PCG	C	0.36%
	CTVA	A	0.35%
	EXC	C	0.35%
	RCL	B	0.35%
	YUM	C	0.34%
	FERG	F	0.34%
	EA	D	0.33%
	DOW	B	0.33%
	HES	D	0.33%
	CNC	F	0.33%
	EXR	D	0.32%
	KR	C	0.32%
	CBRE	C	0.32%
	XEL	C	0.31%
	DD	C	0.31%
	ALNY	C	0.3%
	EIX	C	0.29%
	HPQ	B	0.29%
	DFS	A	0.29%
	GLW	C	0.29%
	VICI	C	0.29%
	IRM	B	0.29%
	HIG	A	0.29%
	DAL	C	0.28%
	EBAY	A	0.28%
	AVB	C	0.27%
	WTW	C	0.26%
	CHTR	D	0.26%
	MTB	A	0.25%
	BIIB	F	0.24%
	HSY	D	0.24%
	EQR	C	0.24%
	ADM	F	0.24%
	FITB	C	0.24%
	ARES	A	0.24%
	IFF	D	0.23%
	ANSS	D	0.23%
	SW	C	0.22%
	CHD	D	0.22%
	GPN	F	0.22%
	FE	C	0.22%
	HUBS	D	0.22%
	VTR	C	0.22%
	HPE	B	0.22%
	TTWO	D	0.22%
	SBAC	C	0.22%
	STT	A	0.22%
	PPL	C	0.21%
	WY	C	0.21%
	BR	B	0.21%
	RJF	B	0.2%
	NET	D	0.2%
	TROW	D	0.2%
	ES	D	0.2%
	GDDY	B	0.19%
	WDC	C	0.19%
	BBY	C	0.19%
	ZBH	F	0.19%
	RBLX	D	0.19%
	CLX	C	0.18%
	ILMN	B	0.18%
	HBAN	B	0.18%
	RF	B	0.18%
	BAH	C	0.18%
	K	B	0.18%
	COO	C	0.18%
	INVH	D	0.18%
	SYF	A	0.17%
	DRI	C	0.17%
	PINS	D	0.17%
	WBD	F	0.17%
	MOH	F	0.17%
	OMC	C	0.17%
	TRU	C	0.17%
	ARE	D	0.17%
	ULTA	D	0.16%
	MDB	D	0.16%
	LVS	B	0.16%
	MAA	D	0.16%
	UAL	A	0.16%
	HOLX	D	0.16%
	LH	D	0.16%
	EXPE	B	0.16%
	ESS	D	0.16%
	BAX	D	0.16%
	WSM	C	0.16%
	NRG	A	0.16%
	DGX	D	0.15%
	DKNG	C	0.15%
	NTRS	B	0.15%
	LUV	B	0.15%
	CFG	C	0.15%
	CCL	C	0.15%
	ZM	B	0.15%
	VRSN	C	0.14%
	DOC	C	0.14%
	PNR	C	0.14%
	AMCR	C	0.14%
	J	F	0.14%
	SUI	D	0.14%
	SWK	C	0.14%
	TSN	D	0.14%
	GEN	A	0.13%
	UDR	C	0.13%
	NDSN	C	0.13%
	GWRE	A	0.13%
	HOOD	B	0.13%
	KEY	B	0.13%
	OC	C	0.13%
	KIM	C	0.13%
	ZS	F	0.13%
	FNF	C	0.13%
	THC	D	0.13%
	CAG	D	0.13%
	FWONK	D	0.13%
	VTRS	D	0.12%
	NTNX	C	0.12%
	BG	F	0.12%
	L	C	0.12%
	NTRA	A	0.12%
	CLH	B	0.11%
	WING	C	0.11%
	EXAS	C	0.11%
	SJM	D	0.11%
	BXP	B	0.11%
	TTEK	A	0.11%
	JLL	C	0.11%
	TOST	B	0.11%
	CPT	C	0.11%
	JNPR	C	0.11%
	CHRW	C	0.11%
	AMH	D	0.11%
	CW	A	0.11%
	EMN	C	0.11%
	ELS	D	0.11%
	UHS	D	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%
	NVT	C	0.1%
	LAMR	C	0.1%
	TFX	C	0.1%
	DKS	D	0.1%
	OKTA	F	0.1%
	IPG	D	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%
	TECH	D	0.1%
	XPO	F	0.1%
	HST	D	0.1%
	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%
	AIZ	B	0.09%
	ATR	A	0.09%
	TPR	B	0.09%
	REXR	D	0.09%
	JEF	A	0.09%
	RRX	B	0.09%
	TWLO	B	0.09%
	CTLT	A	0.09%
	FBIN	C	0.09%
	EWBC	B	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%
	TTC	F	0.08%
	TPX	C	0.08%
	PRI	A	0.08%
	CAVA	B	0.08%
	MUSA	D	0.08%
	AYI	A	0.08%
	HSIC	D	0.08%
	SF	A	0.08%
	APA	F	0.08%
	GNRC	B	0.08%
	SOLV	C	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%
	MKTX	B	0.08%
	EHC	C	0.08%
	OLED	B	0.08%
	ALLY	F	0.08%
	TKO	A	0.08%
	MTCH	B	0.08%
	WTRG	D	0.08%
	FOXA	B	0.08%
	CNH	C	0.08%
	AA	B	0.08%
	OWL	A	0.08%
	ONTO	B	0.08%
	NLY	C	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%
	ACI	F	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%
	ATI	C	0.07%
	FMC	C	0.07%
	FHN	D	0.07%
	KNX	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%
	NCLH	C	0.07%
	RIVN	F	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%
	CART	B	0.06%
	BBWI	F	0.06%
	VFC	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%
	WCC	D	0.06%
	FR	D	0.06%
	AAON	A	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%
	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%
	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%
	WBA	F	0.05%
	AZPN	A	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%
	CCCS	D	0.04%
	HXL	F	0.04%
	SEE	C	0.04%
	RH	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%
	FOX	B	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%
	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%
	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%
	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 60 Positions Relative to TPLC

	Symbol	Grade	Weight
	RSG	D	-0.68%
	KMB	D	-0.6%
	SO	A	-0.59%
	ICE	A	-0.59%
	ROP	D	-0.57%
	APH	D	-0.54%
	ITW	C	-0.54%
	LIN	C	-0.53%
	REGN	D	-0.53%
	COST	C	-0.52%
	CTAS	C	-0.51%
	WM	B	-0.51%
	SHW	C	-0.5%
	GD	C	-0.49%
	AEP	C	-0.48%
	HCA	C	-0.47%
	CSX	D	-0.45%
	TDG	A	-0.45%
	ORLY	A	-0.44%
	LOW	C	-0.44%
	UNP	F	-0.42%
	ZTS	C	-0.41%
	CARR	A	-0.41%
	TT	A	-0.41%
	DHR	D	-0.41%
	SYK	C	-0.4%
	ADI	B	-0.39%
	PH	A	-0.38%
	CPRT	B	-0.37%
	DE	C	-0.37%
	NEE	C	-0.36%
	ERIE	A	-0.36%
	NSC	C	-0.35%
	PCAR	D	-0.35%
	ISRG	C	-0.35%
	CAT	A	-0.34%
	CMG	C	-0.34%
	CRBG	B	-0.34%
	NOW	B	-0.34%
	EOG	B	-0.32%
	CEG	A	-0.31%
	COP	D	-0.3%
	AVGO	B	-0.29%
	PSX	D	-0.29%
	KLAC	B	-0.28%
	CDNS	D	-0.27%
	NXPI	F	-0.27%
	SLB	D	-0.26%
	TSLA	C	-0.26%
	ANET	A	-0.26%
	OXY	D	-0.26%
	SNPS	F	-0.25%
	NVDA	B	-0.25%
	MPC	D	-0.25%
	VLO	F	-0.24%
	FCX	B	-0.24%
	FTNT	A	-0.22%
	PANW	B	-0.19%
	EW	F	-0.19%
	AMD	C	-0.17%

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

TPLC: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Diagnostics & Research Oil & Gas E&P Semiconductors Utilities - Regulated Electric Business Services Specialty Chemicals Aerospace & Defense Biotechnology Building Materials Capital Markets Information Technology Services Insurance - Property & Casualty Oil & Gas Midstream Residential Construction Scientific & Technical Instruments Specialty Retail Discount Stores Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Electricity Electronics Chemical Semiconductor Aerospace Petroleum Industry IBD 50 Beverage Building Materials Mining Natural Gas Liquids Plastic Transport Gas Transmission Insurance Products