IWS vs. AVMC ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Avantis U.S. Mid Cap Equity ETF (AVMC)

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. 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. It seeks to track the investment results of the Russell Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.95

Average Daily Volume

272,522

Number of Holdings ^*

706

* may have additional holdings in another (foreign) market

AVMC

Avantis U.S. Mid Cap Equity ETF

AVMC Description

The fund invests primarily in a diverse group of U.S. mid cap companies across market sectors and industry groups. It seeks to invest in securities of companies that the Advisor expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics, as well as smaller market capitalizations relative to others within the fund"s mid cap investment universe.

Grade (RS Rating)

Last Trade

$67.25

Average Daily Volume

10,877

Number of Holdings ^*

518

* may have additional holdings in another (foreign) market

Performance

Period	IWS	AVMC
30 Days	0.51%	2.26%
60 Days	3.41%	5.89%
90 Days	6.07%	8.95%
12 Months	28.25%	31.27%

422 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in AVMC	Overlap
A	F	0.43%	0.34%	0.34%
AA	A	0.12%	0.07%	0.07%
ACGL	D	0.4%	0.54%	0.4%
ACM	B	0.16%	0.18%	0.16%
ADM	D	0.27%	0.19%	0.19%
AEE	A	0.26%	0.2%	0.2%
AES	F	0.1%	0.08%	0.08%
AFG	A	0.11%	0.17%	0.11%
AFRM	A	0.12%	0.17%	0.12%
AGCO	F	0.06%	0.1%	0.06%
AGR	A	0.03%	0.01%	0.01%
AIZ	A	0.12%	0.18%	0.12%
AKAM	F	0.15%	0.21%	0.15%
ALB	B	0.13%	0.18%	0.13%
ALGN	D	0.07%	0.23%	0.07%
ALLE	D	0.14%	0.18%	0.14%
ALLY	C	0.1%	0.18%	0.1%
ALSN	B	0.11%	0.17%	0.11%
AM	A	0.04%	0.09%	0.04%
AMCR	D	0.16%	0.19%	0.16%
AMG	C	0.06%	0.08%	0.06%
AMKR	F	0.03%	0.05%	0.03%
AN	D	0.05%	0.08%	0.05%
AOS	F	0.1%	0.15%	0.1%
APA	F	0.09%	0.13%	0.09%
APG	C	0.09%	0.1%	0.09%
APTV	F	0.17%	0.22%	0.17%
AR	B	0.09%	0.17%	0.09%
ARMK	C	0.11%	0.13%	0.11%
ARW	F	0.07%	0.1%	0.07%
ATI	C	0.08%	0.12%	0.08%
ATO	A	0.23%	0.29%	0.23%
ATR	B	0.13%	0.18%	0.13%
AVY	D	0.11%	0.24%	0.11%
AWK	C	0.29%	0.22%	0.22%
AXS	A	0.07%	0.13%	0.07%
AXTA	B	0.1%	0.13%	0.1%
AYI	B	0.11%	0.17%	0.11%
BALL	D	0.2%	0.25%	0.2%
BAX	F	0.19%	0.13%	0.13%
BBY	D	0.21%	0.3%	0.21%
BC	D	0.06%	0.08%	0.06%
BEN	C	0.07%	0.09%	0.07%
BERY	D	0.08%	0.1%	0.08%
BFAM	F	0.06%	0.06%	0.06%
BIIB	F	0.27%	0.29%	0.27%
BILL	B	0.06%	0.13%	0.06%
BIO	C	0.08%	0.08%	0.08%
BJ	B	0.13%	0.18%	0.13%
BLD	F	0.12%	0.16%	0.12%
BLDR	D	0.21%	0.35%	0.21%
BMRN	F	0.14%	0.16%	0.14%
BOKF	B	0.03%	0.04%	0.03%
BPOP	C	0.07%	0.1%	0.07%
BR	B	0.03%	0.38%	0.03%
BRKR	F	0.03%	0.05%	0.03%
BRO	B	0.16%	0.25%	0.16%
BWA	D	0.08%	0.13%	0.08%
BWXT	A	0.1%	0.19%	0.1%
BYD	B	0.06%	0.07%	0.06%
CACC	F	0.01%	0.03%	0.01%
CASY	A	0.14%	0.27%	0.14%
CBOE	C	0.22%	0.29%	0.22%
CBRE	B	0.45%	0.45%	0.45%
CBSH	A	0.09%	0.12%	0.09%
CCK	D	0.12%	0.15%	0.12%
CCL	A	0.26%	0.52%	0.26%
CDW	F	0.14%	0.4%	0.14%
CF	A	0.17%	0.3%	0.17%
CFG	B	0.22%	0.32%	0.22%
CFR	B	0.09%	0.13%	0.09%
CG	B	0.12%	0.19%	0.12%
CGNX	D	0.08%	0.08%	0.08%
CHD	A	0.28%	0.37%	0.28%
CHE	F	0.08%	0.12%	0.08%
CHH	A	0.01%	0.07%	0.01%
CHRD	F	0.09%	0.11%	0.09%
CHRW	B	0.14%	0.14%	0.14%
CIEN	B	0.11%	0.15%	0.11%
CINF	A	0.25%	0.34%	0.25%
CIVI	D	0.04%	0.09%	0.04%
CLF	F	0.05%	0.1%	0.05%
CLH	C	0.14%	0.22%	0.14%
CLVT	D	0.02%	0.02%	0.02%
CMA	B	0.1%	0.18%	0.1%
CMI	A	0.53%	0.57%	0.53%
CMS	C	0.22%	0.18%	0.18%
CNA	C	0.01%	0.02%	0.01%
CNC	F	0.34%	0.15%	0.15%
CNM	C	0.03%	0.07%	0.03%
CNP	A	0.21%	0.08%	0.08%
CNXC	F	0.02%	0.0%	0.0%
COHR	B	0.16%	0.16%	0.16%
COIN	A	0.09%	0.53%	0.09%
COKE	C	0.08%	0.08%	0.08%
COLB	B	0.07%	0.03%	0.03%
COLM	B	0.03%	0.04%	0.03%
CPB	D	0.09%	0.08%	0.08%
CR	A	0.09%	0.1%	0.09%
CROX	F	0.05%	0.07%	0.05%
CSGP	F	0.34%	0.38%	0.34%
CSL	C	0.19%	0.4%	0.19%
CTLT	D	0.12%	0.13%	0.12%
CTRA	B	0.2%	0.34%	0.2%
CTSH	C	0.43%	0.16%	0.16%
CTVA	C	0.44%	0.14%	0.14%
CWEN	C	0.03%	0.01%	0.01%
CWEN	C	0.01%	0.02%	0.01%
CWEN	C	0.01%	0.01%	0.01%
CWEN	C	0.03%	0.02%	0.02%
CZR	F	0.1%	0.1%	0.1%
DAL	A	0.43%	0.62%	0.43%
DAR	B	0.07%	0.08%	0.07%
DCI	B	0.1%	0.15%	0.1%
DD	D	0.38%	0.46%	0.38%
DDS	B	0.01%	0.03%	0.01%
DFS	B	0.47%	0.64%	0.47%
DG	F	0.18%	0.13%	0.13%
DINO	D	0.07%	0.13%	0.07%
DKS	D	0.11%	0.12%	0.11%
DLB	F	0.05%	0.07%	0.05%
DLTR	F	0.13%	0.11%	0.11%
DOV	B	0.3%	0.39%	0.3%
DOW	F	0.35%	0.34%	0.34%
DRI	C	0.1%	0.31%	0.1%
DTE	C	0.26%	0.2%	0.2%
DTM	A	0.1%	0.16%	0.1%
DVN	F	0.27%	0.45%	0.27%
EA	A	0.46%	0.48%	0.46%
EBAY	D	0.34%	0.3%	0.3%
ED	C	0.37%	0.31%	0.31%
EFX	F	0.29%	0.37%	0.29%
EG	D	0.14%	0.24%	0.14%
EHC	B	0.11%	0.14%	0.11%
EIX	C	0.34%	0.13%	0.13%
ELAN	D	0.07%	0.1%	0.07%
EME	A	0.16%	0.44%	0.16%
EMN	D	0.13%	0.21%	0.13%
EPAM	C	0.13%	0.16%	0.13%
EQT	A	0.25%	0.35%	0.25%
ES	C	0.23%	0.11%	0.11%
ESAB	C	0.08%	0.09%	0.08%
ETR	A	0.34%	0.36%	0.34%
EVR	B	0.12%	0.2%	0.12%
EVRG	A	0.15%	0.13%	0.13%
EWBC	A	0.15%	0.25%	0.15%
EXC	C	0.41%	0.1%	0.1%
EXEL	B	0.02%	0.16%	0.02%
EXP	B	0.03%	0.18%	0.03%
EXPD	D	0.15%	0.31%	0.15%
FAF	C	0.07%	0.1%	0.07%
FANG	D	0.37%	0.1%	0.1%
FBIN	F	0.11%	0.15%	0.11%
FCNCA	A	0.28%	0.47%	0.28%
FDS	B	0.13%	0.29%	0.13%
FE	C	0.26%	0.12%	0.12%
FFIV	B	0.15%	0.21%	0.15%
FHN	A	0.12%	0.1%	0.1%
FIS	C	0.54%	0.5%	0.5%
FITB	B	0.34%	0.53%	0.34%
FLO	D	0.04%	0.03%	0.03%
FLS	A	0.09%	0.11%	0.09%
FMC	D	0.08%	0.06%	0.06%
FND	F	0.07%	0.15%	0.07%
FNF	A	0.17%	0.24%	0.17%
FOX	A	0.06%	0.1%	0.06%
FOXA	B	0.11%	0.22%	0.11%
FRPT	A	0.05%	0.05%	0.05%
FSLR	F	0.22%	0.26%	0.22%
FTI	A	0.13%	0.26%	0.13%
FYBR	C	0.09%	0.07%	0.07%
G	B	0.09%	0.09%	0.09%
GAP	D	0.05%	0.09%	0.05%
GEHC	D	0.37%	0.38%	0.37%
GFS	C	0.05%	0.06%	0.05%
GGG	B	0.16%	0.24%	0.16%
GIS	F	0.4%	0.24%	0.24%
GL	C	0.11%	0.16%	0.11%
GLW	B	0.4%	0.55%	0.4%
GME	C	0.1%	0.16%	0.1%
GMED	A	0.1%	0.13%	0.1%
GNRC	B	0.06%	0.14%	0.06%
GNTX	F	0.08%	0.11%	0.08%
GPC	F	0.18%	0.19%	0.18%
GPK	D	0.1%	0.12%	0.1%
GRMN	B	0.36%	0.48%	0.36%
GWRE	A	0.1%	0.19%	0.1%
H	B	0.06%	0.06%	0.06%
HAS	D	0.01%	0.11%	0.01%
HBAN	B	0.27%	0.41%	0.27%
HIG	B	0.37%	0.63%	0.37%
HII	F	0.09%	0.1%	0.09%
HOLX	D	0.19%	0.19%	0.19%
HPE	B	0.31%	0.44%	0.31%
HRB	D	0.07%	0.15%	0.07%
HRL	D	0.1%	0.12%	0.1%
HSY	F	0.24%	0.17%	0.17%
HUBB	B	0.27%	0.35%	0.27%
HWM	A	0.47%	0.51%	0.47%
HXL	F	0.05%	0.06%	0.05%
IDA	A	0.06%	0.04%	0.04%
IEX	B	0.19%	0.22%	0.19%
IFF	D	0.26%	0.18%	0.18%
ILMN	C	0.26%	0.14%	0.14%
INCY	C	0.14%	0.17%	0.14%
INGR	B	0.11%	0.15%	0.11%
IP	A	0.22%	0.32%	0.22%
IPG	F	0.12%	0.11%	0.11%
IQV	F	0.38%	0.08%	0.08%
IR	B	0.45%	0.46%	0.45%
ITT	A	0.14%	0.2%	0.14%
IVZ	C	0.07%	0.09%	0.07%
J	D	0.2%	0.18%	0.18%
JAZZ	C	0.08%	0.13%	0.08%
JBHT	C	0.17%	0.26%	0.17%
JBL	C	0.15%	0.35%	0.15%
JEF	A	0.1%	0.17%	0.1%
JKHY	D	0.14%	0.19%	0.14%
JLL	D	0.1%	0.16%	0.1%
JNPR	D	0.14%	0.09%	0.09%
K	B	0.23%	0.32%	0.23%
KBR	F	0.1%	0.11%	0.1%
KEX	B	0.08%	0.13%	0.08%
KEY	B	0.19%	0.29%	0.19%
KEYS	C	0.31%	0.39%	0.31%
KMX	C	0.12%	0.21%	0.12%
KNX	B	0.1%	0.1%	0.1%
KR	B	0.43%	0.12%	0.12%
KVUE	A	0.49%	0.2%	0.2%
L	A	0.16%	0.24%	0.16%
LAD	B	0.11%	0.19%	0.11%
LBRDA	C	0.01%	0.03%	0.01%
LBRDK	C	0.09%	0.15%	0.09%
LCID	F	0.02%	0.02%	0.02%
LDOS	C	0.29%	0.28%	0.28%
LEA	F	0.06%	0.08%	0.06%
LECO	C	0.09%	0.18%	0.09%
LFUS	D	0.07%	0.09%	0.07%
LH	B	0.22%	0.25%	0.22%
LKQ	F	0.11%	0.01%	0.01%
LNT	A	0.16%	0.13%	0.13%
LSCC	D	0.01%	0.09%	0.01%
LSTR	D	0.07%	0.11%	0.07%
LUV	B	0.21%	0.28%	0.21%
LW	C	0.09%	0.12%	0.09%
LYB	F	0.24%	0.37%	0.24%
MAS	D	0.19%	0.11%	0.11%
MAT	D	0.07%	0.11%	0.07%
MGM	D	0.09%	0.04%	0.04%
MHK	D	0.08%	0.09%	0.08%
MKC	D	0.21%	0.15%	0.15%
MKL	A	0.18%	0.37%	0.18%
MKTX	D	0.11%	0.08%	0.08%
MLM	B	0.39%	0.52%	0.39%
MOH	F	0.08%	0.29%	0.08%
MOS	D	0.1%	0.1%	0.1%
MRO	A	0.17%	0.34%	0.17%
MSA	D	0.07%	0.1%	0.07%
MSM	D	0.04%	0.02%	0.02%
MSTR	A	0.43%	0.44%	0.43%
MTB	A	0.38%	0.55%	0.38%
MTDR	C	0.07%	0.14%	0.07%
MTG	D	0.07%	0.12%	0.07%
MTN	C	0.01%	0.08%	0.01%
NDAQ	A	0.35%	0.38%	0.35%
NEU	D	0.04%	0.07%	0.04%
NFE	F	0.0%	0.0%	0.0%
NFG	A	0.06%	0.08%	0.06%
NI	A	0.17%	0.12%	0.12%
NOV	D	0.07%	0.11%	0.07%
NRG	B	0.13%	0.23%	0.13%
NTAP	C	0.15%	0.4%	0.15%
NTRS	A	0.23%	0.35%	0.23%
NVR	D	0.29%	0.13%	0.13%
NWS	A	0.04%	0.06%	0.04%
NWSA	B	0.12%	0.17%	0.12%
NXST	C	0.03%	0.06%	0.03%
NYT	D	0.1%	0.13%	0.1%
OC	A	0.18%	0.33%	0.18%
OGE	A	0.09%	0.11%	0.09%
OLED	F	0.05%	0.11%	0.05%
OLLI	D	0.07%	0.09%	0.07%
OLN	F	0.06%	0.07%	0.06%
OMC	C	0.22%	0.19%	0.19%
OMF	A	0.07%	0.11%	0.07%
ON	F	0.33%	0.46%	0.33%
ONTO	F	0.07%	0.13%	0.07%
ORI	A	0.1%	0.15%	0.1%
OSK	C	0.08%	0.12%	0.08%
OVV	C	0.12%	0.28%	0.12%
OZK	B	0.05%	0.03%	0.03%
PAG	B	0.03%	0.05%	0.03%
PARA	D	0.07%	0.04%	0.04%
PATH	C	0.01%	0.07%	0.01%
PAYC	B	0.05%	0.17%	0.05%
PB	A	0.08%	0.1%	0.08%
PEG	C	0.46%	0.44%	0.44%
PFG	C	0.21%	0.31%	0.21%
PFGC	B	0.12%	0.19%	0.12%
PHM	D	0.3%	0.5%	0.3%
PII	F	0.04%	0.01%	0.01%
PKG	B	0.23%	0.38%	0.23%
PNFP	B	0.1%	0.17%	0.1%
PNR	B	0.19%	0.23%	0.19%
PNW	B	0.11%	0.12%	0.11%
POST	C	0.06%	0.07%	0.06%
PPC	B	0.02%	0.03%	0.02%
PPG	F	0.32%	0.4%	0.32%
PPL	A	0.27%	0.23%	0.23%
PR	B	0.08%	0.16%	0.08%
PRI	A	0.11%	0.2%	0.11%
PSTG	F	0.02%	0.25%	0.02%
PTC	B	0.1%	0.07%	0.07%
PVH	C	0.06%	0.08%	0.06%
PWR	A	0.36%	0.15%	0.15%
QRVO	F	0.07%	0.09%	0.07%
R	B	0.08%	0.16%	0.08%
RBC	A	0.1%	0.12%	0.1%
RCL	A	0.38%	0.94%	0.38%
REYN	D	0.02%	0.0%	0.0%
RF	A	0.26%	0.4%	0.26%
RGA	B	0.16%	0.24%	0.16%
RGEN	F	0.07%	0.0%	0.0%
RGLD	C	0.11%	0.09%	0.09%
RHI	C	0.08%	0.14%	0.08%
RIVN	F	0.1%	0.13%	0.1%
RJF	A	0.33%	0.52%	0.33%
RL	C	0.1%	0.13%	0.1%
RLI	A	0.07%	0.12%	0.07%
RMD	C	0.29%	0.41%	0.29%
RNR	C	0.15%	0.19%	0.15%
ROK	B	0.31%	0.42%	0.31%
ROKU	D	0.09%	0.14%	0.09%
RPM	B	0.14%	0.28%	0.14%
RPRX	F	0.11%	0.09%	0.09%
RRC	B	0.09%	0.16%	0.09%
RS	B	0.2%	0.3%	0.2%
S	B	0.07%	0.09%	0.07%
SAIA	C	0.06%	0.27%	0.06%
SAIC	F	0.08%	0.01%	0.01%
SCI	A	0.13%	0.14%	0.13%
SEE	D	0.03%	0.04%	0.03%
SEIC	B	0.09%	0.16%	0.09%
SF	B	0.12%	0.18%	0.12%
SITE	D	0.05%	0.1%	0.05%
SKX	F	0.08%	0.12%	0.08%
SNA	B	0.2%	0.29%	0.2%
SNX	D	0.1%	0.1%	0.1%
SOFI	A	0.12%	0.19%	0.12%
SON	F	0.05%	0.07%	0.05%
SQ	A	0.26%	0.28%	0.26%
SSD	D	0.08%	0.13%	0.08%
SSNC	C	0.17%	0.19%	0.17%
ST	F	0.05%	0.06%	0.05%
STE	D	0.23%	0.31%	0.23%
STLD	B	0.24%	0.4%	0.24%
STT	B	0.31%	0.43%	0.31%
SW	A	0.29%	0.07%	0.07%
SWKS	F	0.15%	0.21%	0.15%
SYF	B	0.27%	0.46%	0.27%
SYY	D	0.16%	0.41%	0.16%
TAP	B	0.11%	0.18%	0.11%
TECH	F	0.13%	0.13%	0.13%
TER	F	0.02%	0.25%	0.02%
TFX	F	0.1%	0.08%	0.08%
THC	C	0.17%	0.21%	0.17%
THO	C	0.06%	0.09%	0.06%
TKR	F	0.05%	0.08%	0.05%
TOL	B	0.17%	0.29%	0.17%
TPR	B	0.13%	0.13%	0.13%
TRMB	B	0.19%	0.03%	0.03%
TROW	B	0.28%	0.41%	0.28%
TSN	B	0.18%	0.22%	0.18%
TTC	F	0.1%	0.08%	0.08%
TTWO	A	0.33%	0.16%	0.16%
TW	A	0.1%	0.2%	0.1%
TWLO	A	0.14%	0.24%	0.14%
TXT	D	0.18%	0.26%	0.18%
UAL	A	0.31%	0.51%	0.31%
UHAL	D	0.04%	0.11%	0.04%
UHAL	D	0.04%	0.01%	0.01%
UHAL	D	0.0%	0.11%	0.0%
UHAL	D	0.0%	0.01%	0.0%
UHS	D	0.13%	0.15%	0.13%
ULTA	F	0.03%	0.2%	0.03%
UNM	A	0.14%	0.2%	0.14%
URI	B	0.48%	0.75%	0.48%
USFD	A	0.17%	0.2%	0.17%
UTHR	C	0.19%	0.29%	0.19%
VFC	C	0.08%	0.07%	0.07%
VMC	B	0.31%	0.5%	0.31%
VNT	C	0.07%	0.09%	0.07%
VOYA	B	0.09%	0.13%	0.09%
VTRS	A	0.17%	0.25%	0.17%
WAB	B	0.38%	0.37%	0.37%
WAL	B	0.11%	0.2%	0.11%
WAT	C	0.1%	0.31%	0.1%
WBD	B	0.24%	0.22%	0.22%
WBS	A	0.11%	0.17%	0.11%
WCC	B	0.1%	0.15%	0.1%
WEC	A	0.33%	0.19%	0.19%
WEX	F	0.07%	0.11%	0.07%
WH	B	0.07%	0.11%	0.07%
WHR	B	0.06%	0.06%	0.06%
WLK	F	0.05%	0.08%	0.05%
WMS	F	0.06%	0.17%	0.06%
WRB	B	0.19%	0.27%	0.19%
WSC	F	0.06%	0.1%	0.06%
WSM	D	0.07%	0.35%	0.07%
WSO	A	0.2%	0.23%	0.2%
WST	D	0.1%	0.35%	0.1%
WTFC	B	0.09%	0.14%	0.09%
WWD	B	0.12%	0.14%	0.12%
X	C	0.1%	0.14%	0.1%
XEL	A	0.41%	0.31%	0.31%
XRAY	D	0.04%	0.03%	0.03%
XYL	D	0.33%	0.3%	0.3%
Z	A	0.13%	0.14%	0.13%
ZBH	C	0.24%	0.2%	0.2%
ZG	A	0.04%	0.03%	0.03%
ZION	B	0.09%	0.18%	0.09%
ZM	B	0.23%	0.26%	0.23%

IWS Overweight 288 Positions Relative to AVMC

Symbol	Grade	Weight
WMB	A	0.74%
OKE	A	0.68%
AFL	C	0.66%
DLR	A	0.64%
AJG	B	0.64%
BK	B	0.62%
KMI	A	0.56%
DHI	D	0.54%
O	C	0.54%
LHX	B	0.53%
CCI	C	0.5%
PCG	A	0.48%
AME	A	0.48%
BKR	B	0.47%
SPG	A	0.47%
ALL	A	0.47%
PRU	B	0.47%
LEN	D	0.45%
OTIS	C	0.44%
MCHP	F	0.42%
FERG	C	0.42%
NUE	D	0.41%
CHTR	B	0.4%
ROST	D	0.39%
HUM	D	0.38%
EXR	C	0.38%
AVB	B	0.36%
WTW	B	0.35%
VICI	C	0.35%
PAYX	B	0.33%
HLT	A	0.32%
ANSS	B	0.32%
GPN	C	0.31%
HPQ	B	0.3%
MTD	F	0.3%
EQR	C	0.3%
VTR	B	0.29%
FTV	D	0.29%
HAL	C	0.28%
YUM	D	0.26%
SBAC	D	0.26%
WDC	F	0.25%
LNG	A	0.25%
WY	D	0.25%
TDY	B	0.24%
EXE	A	0.23%
COO	D	0.22%
HOOD	A	0.22%
INVH	D	0.22%
MSCI	B	0.21%
ESS	A	0.21%
TRU	D	0.21%
ARE	F	0.21%
MAA	A	0.2%
CVNA	A	0.19%
DGX	A	0.19%
IBKR	A	0.19%
KIM	A	0.18%
AVTR	F	0.17%
SUI	C	0.17%
DOC	D	0.17%
ZBRA	B	0.17%
GEN	B	0.17%
VRSN	F	0.16%
UDR	C	0.16%
CW	B	0.16%
NDSN	D	0.16%
IRM	C	0.16%
RVTY	D	0.16%
CAG	F	0.15%
REG	A	0.15%
SWK	F	0.15%
HES	B	0.15%
VLTO	C	0.15%
HST	D	0.14%
CPT	C	0.14%
CACI	C	0.14%
NVT	C	0.14%
BXP	D	0.14%
GLPI	C	0.14%
ELS	B	0.14%
RRX	B	0.13%
CAH	B	0.13%
SJM	D	0.13%
NTNX	B	0.13%
BG	D	0.13%
WPC	C	0.13%
AMH	C	0.13%
FWONK	B	0.12%
CUBE	C	0.12%
CRL	D	0.12%
DAY	B	0.12%
TTEK	F	0.11%
WTRG	B	0.11%
NLY	C	0.11%
SOLV	F	0.11%
OHI	B	0.11%
DPZ	C	0.11%
DOX	D	0.11%
HLI	B	0.1%
MTZ	A	0.1%
CNH	C	0.1%
BRBR	A	0.1%
REXR	F	0.1%
FRT	B	0.1%
MTCH	F	0.09%
WYNN	D	0.09%
ACI	C	0.09%
VNO	C	0.09%
SNV	B	0.09%
TKO	A	0.09%
CART	C	0.09%
LAMR	D	0.09%
AAL	B	0.09%
EGP	D	0.09%
FICO	B	0.09%
BRX	A	0.09%
HSIC	C	0.09%
GXO	B	0.08%
FR	C	0.08%
AGNC	C	0.08%
FCN	F	0.08%
MKSI	C	0.08%
MIDD	D	0.08%
FAST	B	0.08%
ADC	A	0.08%
MTSI	B	0.08%
NNN	C	0.08%
STWD	C	0.07%
KD	A	0.07%
SIRI	D	0.07%
ALK	A	0.07%
ESI	B	0.07%
WBA	F	0.07%
COLD	F	0.07%
AZPN	A	0.07%
DOCS	C	0.07%
HR	C	0.07%
BBWI	C	0.07%
STAG	D	0.07%
OKTA	D	0.07%
VMI	B	0.07%
GWW	B	0.07%
CE	F	0.07%
AVT	C	0.06%
PSN	C	0.06%
CCCS	B	0.06%
SN	D	0.06%
RITM	D	0.06%
CRUS	F	0.06%
LITE	B	0.06%
EXAS	D	0.06%
THG	A	0.06%
FNB	B	0.06%
JHG	B	0.06%
LNC	B	0.06%
AMTM	F	0.05%
LINE	F	0.05%
GTES	A	0.05%
TPG	A	0.05%
M	D	0.05%
EEFT	C	0.05%
SLGN	A	0.05%
AWI	B	0.05%
DBX	C	0.05%
AGO	A	0.05%
RYN	D	0.05%
WTM	A	0.05%
CUZ	B	0.05%
KRC	C	0.05%
AMP	A	0.05%
AL	B	0.05%
UGI	C	0.05%
ROIV	D	0.05%
SLM	B	0.05%
LBTYK	A	0.04%
VAC	C	0.04%
HUN	F	0.04%
LBTYA	F	0.04%
MASI	B	0.04%
U	F	0.04%
LOPE	B	0.04%
EPR	D	0.04%
FHB	B	0.04%
NVST	C	0.04%
TNL	B	0.04%
HIW	D	0.04%
PRGO	C	0.04%
MDU	D	0.04%
W	D	0.04%
ACHC	F	0.04%
ZI	D	0.04%
DNB	B	0.04%
PLNT	A	0.04%
NWL	B	0.04%
MSGS	B	0.04%
DXC	D	0.04%
VNOM	A	0.04%
ALNY	D	0.04%
IAC	D	0.04%
TYL	B	0.04%
RH	D	0.04%
HOG	F	0.04%
ASH	F	0.04%
KMPR	A	0.04%
OGN	F	0.04%
CPRI	F	0.03%
YETI	D	0.03%
AZTA	F	0.03%
PINC	B	0.03%
GLOB	C	0.03%
SHC	F	0.03%
QDEL	F	0.03%
ENOV	C	0.03%
SPB	C	0.03%
MP	C	0.03%
WU	F	0.03%
HHH	B	0.03%
ALGM	F	0.03%
COTY	F	0.03%
CC	D	0.03%
VIRT	A	0.03%
CXT	C	0.03%
MPW	F	0.03%
LLYVK	A	0.03%
NSA	C	0.03%
PK	D	0.03%
MAN	F	0.03%
AMED	F	0.03%
BHF	C	0.03%
SMG	C	0.03%
BROS	A	0.03%
PENN	C	0.03%
IRDM	F	0.03%
SPR	D	0.03%
ECG	C	0.03%
SNDR	B	0.02%
TRIP	F	0.02%
LEG	F	0.02%
INFA	D	0.02%
UA	C	0.02%
WEN	C	0.02%
GO	C	0.02%
CRI	F	0.02%
UAA	C	0.02%
BIRK	D	0.02%
LEN	D	0.02%
VSTS	F	0.02%
QS	D	0.02%
FTRE	D	0.02%
KSS	F	0.02%
AZEK	B	0.02%
LYFT	C	0.02%
ALAB	B	0.02%
ETSY	D	0.02%
SAM	C	0.02%
LPX	B	0.02%
RKT	F	0.02%
RCM	A	0.02%
AAP	D	0.02%
JWN	C	0.02%
HAYW	B	0.02%
IPGP	D	0.02%
ADT	B	0.02%
IONS	F	0.01%
TXG	F	0.01%
PLTK	B	0.01%
DJT	C	0.01%
SEB	F	0.01%
UI	A	0.01%
TFSL	A	0.01%
CAR	C	0.01%
FIVE	F	0.01%
HCP	B	0.01%
FWONA	B	0.01%
AS	A	0.01%
PYCR	C	0.01%
LLYVA	A	0.01%
DV	C	0.01%
WOLF	F	0.01%
CERT	F	0.01%
NCNO	B	0.01%
LOAR	B	0.0%
PARAA	C	0.0%
SEG	B	0.0%
UWMC	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%

IWS Underweight 100 Positions Relative to AVMC

Symbol	Grade	Weight
VST	A	-0.92%
APP	A	-0.81%
TRGP	A	-0.73%
VRT	A	-0.72%
TPL	A	-0.59%
IT	C	-0.55%
DECK	A	-0.47%
LPLA	A	-0.42%
VEEV	C	-0.39%
TSCO	D	-0.38%
LII	A	-0.36%
CPAY	A	-0.34%
EXPE	B	-0.34%
BAH	D	-0.33%
XPO	B	-0.3%
FLEX	B	-0.3%
MANH	D	-0.29%
EQH	B	-0.29%
FIX	A	-0.26%
CLX	A	-0.25%
GDDY	A	-0.25%
PINS	F	-0.24%
MPWR	F	-0.24%
KNSL	B	-0.21%
POOL	D	-0.21%
MUSA	B	-0.19%
TXRH	B	-0.18%
NCLH	B	-0.18%
AIT	B	-0.18%
ERIE	F	-0.18%
MLI	B	-0.18%
NBIX	C	-0.18%
ROL	B	-0.18%
FN	B	-0.17%
BURL	A	-0.17%
UFPI	C	-0.16%
BSY	D	-0.16%
FLR	B	-0.15%
TMHC	B	-0.14%
TPX	B	-0.14%
HLNE	A	-0.14%
SSB	B	-0.13%
MRNA	F	-0.13%
MORN	B	-0.13%
ENSG	D	-0.13%
WFRD	F	-0.13%
LYV	A	-0.13%
DVA	C	-0.12%
RVMD	B	-0.12%
HALO	F	-0.12%
LNW	F	-0.12%
MTH	D	-0.12%
TREX	D	-0.12%
PCTY	B	-0.12%
AXON	A	-0.12%
MEDP	D	-0.12%
CMC	B	-0.12%
ALV	C	-0.12%
PCVX	D	-0.11%
DXCM	C	-0.11%
CHX	C	-0.11%
SM	C	-0.11%
MUR	F	-0.1%
NSIT	F	-0.09%
SIGI	B	-0.09%
ESNT	D	-0.09%
BECN	B	-0.09%
RYAN	B	-0.09%
ZWS	B	-0.09%
IDXX	F	-0.09%
CHDN	C	-0.09%
ENLC	A	-0.08%
MGY	A	-0.08%
LULU	C	-0.07%
WTS	B	-0.07%
TNET	F	-0.05%
ENPH	F	-0.05%
ENTG	F	-0.05%
HESM	A	-0.04%
ADTN	A	-0.04%
SPSC	F	-0.04%
CHWY	B	-0.03%
CELH	F	-0.03%
EL	F	-0.02%
HAE	C	-0.02%
SMCI	F	-0.02%
LANC	D	-0.02%
LEVI	F	-0.02%
LUMN	C	-0.02%
ATKR	D	-0.01%
VAL	F	-0.01%
QLYS	C	-0.01%
ACT	D	-0.01%
RMBS	C	-0.0%
FRHC	A	-0.0%
RIG	D	-0.0%
PTEN	C	-0.0%
IGT	F	-0.0%
FRSH	C	-0.0%
FIZZ	C	-0.0%