IWS vs. CFO ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO)

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

$131.91

Average Daily Volume

302,748

Number of Holdings ^*

705

* may have additional holdings in another (foreign) market

CFO

Compass EMP US 500 Enhanced Volatility Weighted Index ETF

CFO Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index is an unmanaged index that consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges with consistent positive earnings and weighted based on the volatility of each stock. Under normal market conditions, the fund invests at least 80% of its assets in the securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$69.16

Average Daily Volume

11,317

Number of Holdings ^*

492

* may have additional holdings in another (foreign) market

Performance

Period	IWS	CFO
30 Days	4.17%	3.60%
60 Days	5.63%	5.67%
90 Days	9.18%	7.30%
12 Months	24.67%	16.07%

258 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in CFO	Overlap
A	C	0.46%	0.17%	0.17%
ACGL	C	0.46%	0.25%	0.25%
ACM	B	0.15%	0.24%	0.15%
ADM	D	0.34%	0.14%	0.14%
AEE	C	0.26%	0.25%	0.25%
AES	C	0.15%	0.15%	0.15%
AFG	B	0.11%	0.23%	0.11%
AFL	C	0.71%	0.3%	0.3%
AJG	D	0.69%	0.31%	0.31%
AKAM	D	0.17%	0.19%	0.17%
ALB	D	0.12%	0.06%	0.06%
ALGN	D	0.09%	0.07%	0.07%
ALLE	B	0.14%	0.2%	0.14%
ALLY	F	0.09%	0.11%	0.09%
AME	C	0.44%	0.27%	0.27%
AMP	A	0.04%	0.27%	0.04%
AOS	D	0.11%	0.2%	0.11%
APTV	D	0.21%	0.12%	0.12%
ATO	B	0.24%	0.32%	0.24%
AVTR	B	0.21%	0.16%	0.16%
AVY	C	0.13%	0.25%	0.13%
AWK	B	0.33%	0.25%	0.25%
BALL	C	0.24%	0.15%	0.15%
BBY	C	0.24%	0.21%	0.21%
BEN	F	0.07%	0.11%	0.07%
BIIB	F	0.33%	0.18%	0.18%
BK	B	0.59%	0.28%	0.28%
BKR	C	0.38%	0.23%	0.23%
BLD	D	0.13%	0.11%	0.11%
BLDR	C	0.23%	0.1%	0.1%
BMRN	F	0.18%	0.16%	0.16%
BR	D	0.03%	0.27%	0.03%
BRKR	D	0.03%	0.1%	0.03%
BRO	C	0.16%	0.29%	0.16%
CAG	C	0.18%	0.25%	0.18%
CAH	C	0.13%	0.22%	0.13%
CASY	D	0.13%	0.26%	0.13%
CBOE	C	0.25%	0.28%	0.25%
CBRE	A	0.42%	0.2%	0.2%
CDW	D	0.17%	0.22%	0.17%
CE	F	0.12%	0.13%	0.12%
CF	C	0.17%	0.16%	0.16%
CFG	C	0.21%	0.16%	0.16%
CHD	D	0.29%	0.26%	0.26%
CHK	D	0.11%	0.15%	0.11%
CHTR	D	0.37%	0.14%	0.14%
CINF	B	0.24%	0.27%	0.24%
CMI	C	0.47%	0.23%	0.23%
CMS	C	0.24%	0.28%	0.24%
CNC	D	0.46%	0.17%	0.17%
CNP	C	0.2%	0.24%	0.2%
COIN	F	0.06%	0.05%	0.05%
COTY	F	0.04%	0.09%	0.04%
CPB	C	0.11%	0.25%	0.11%
CRL	F	0.12%	0.11%	0.11%
CSGP	D	0.37%	0.15%	0.15%
CSL	B	0.19%	0.19%	0.19%
CTRA	D	0.19%	0.17%	0.17%
CTSH	C	0.44%	0.21%	0.21%
CTVA	B	0.45%	0.14%	0.14%
CVNA	B	0.11%	0.07%	0.07%
DAL	C	0.33%	0.16%	0.16%
DAY	D	0.09%	0.12%	0.09%
DD	B	0.39%	0.2%	0.2%
DG	F	0.21%	0.08%	0.08%
DGX	B	0.2%	0.3%	0.2%
DHI	B	0.66%	0.19%	0.19%
DINO	F	0.08%	0.12%	0.08%
DKS	D	0.13%	0.13%	0.13%
DLTR	F	0.16%	0.07%	0.07%
DOV	B	0.29%	0.26%	0.26%
DOW	D	0.4%	0.2%	0.2%
DPZ	F	0.1%	0.15%	0.1%
DRI	B	0.1%	0.24%	0.1%
DTE	C	0.3%	0.26%	0.26%
DVN	F	0.28%	0.15%	0.15%
EA	D	0.45%	0.25%	0.25%
EBAY	B	0.37%	0.22%	0.22%
ED	C	0.41%	0.3%	0.3%
EFX	B	0.34%	0.17%	0.17%
EG	C	0.16%	0.19%	0.16%
EIX	C	0.37%	0.26%	0.26%
EME	B	0.13%	0.21%	0.13%
EPAM	F	0.12%	0.09%	0.09%
EQT	D	0.21%	0.13%	0.13%
ETR	B	0.31%	0.28%	0.28%
EVRG	B	0.16%	0.27%	0.16%
EXC	C	0.46%	0.23%	0.23%
EXPD	C	0.16%	0.23%	0.16%
FANG	D	0.35%	0.17%	0.17%
FAST	C	0.07%	0.22%	0.07%
FCNCA	D	0.25%	0.19%	0.19%
FDS	C	0.13%	0.23%	0.13%
FE	C	0.29%	0.28%	0.28%
FFIV	B	0.14%	0.27%	0.14%
FICO	B	0.08%	0.25%	0.08%
FITB	B	0.33%	0.17%	0.17%
FIVE	D	0.01%	0.07%	0.01%
FND	C	0.09%	0.11%	0.09%
FNF	B	0.18%	0.24%	0.18%
FOXA	B	0.11%	0.25%	0.11%
FSLR	C	0.28%	0.16%	0.16%
FTV	C	0.3%	0.18%	0.18%
GEHC	C	0.38%	0.16%	0.16%
GGG	C	0.16%	0.19%	0.16%
GIS	B	0.48%	0.28%	0.28%
GL	C	0.11%	0.25%	0.11%
GLW	C	0.37%	0.27%	0.27%
GPC	D	0.22%	0.17%	0.17%
GPN	D	0.32%	0.14%	0.14%
GRMN	D	0.31%	0.27%	0.27%
GWW	B	0.06%	0.22%	0.06%
H	C	0.06%	0.14%	0.06%
HAL	F	0.28%	0.13%	0.13%
HBAN	B	0.24%	0.17%	0.17%
HIG	B	0.39%	0.33%	0.33%
HII	D	0.12%	0.19%	0.12%
HLT	B	0.3%	0.25%	0.25%
HOLX	B	0.21%	0.26%	0.21%
HPE	D	0.25%	0.18%	0.18%
HPQ	D	0.28%	0.24%	0.24%
HRL	C	0.11%	0.14%	0.11%
HSY	C	0.29%	0.25%	0.25%
HUBB	B	0.25%	0.19%	0.19%
HUM	F	0.44%	0.13%	0.13%
HWM	B	0.41%	0.3%	0.3%
IBKR	B	0.15%	0.21%	0.15%
IEX	D	0.17%	0.2%	0.17%
INCY	C	0.13%	0.19%	0.13%
IP	B	0.19%	0.26%	0.19%
IPG	C	0.13%	0.16%	0.13%
IQV	C	0.44%	0.15%	0.15%
IR	C	0.42%	0.22%	0.22%
J	C	0.21%	0.21%	0.21%
JBHT	D	0.16%	0.15%	0.15%
JBL	D	0.13%	0.08%	0.08%
JKHY	B	0.15%	0.23%	0.15%
K	B	0.24%	0.34%	0.24%
KEY	B	0.17%	0.12%	0.12%
KEYS	C	0.3%	0.16%	0.16%
KMI	B	0.47%	0.33%	0.33%
KMX	D	0.13%	0.11%	0.11%
KR	C	0.42%	0.28%	0.28%
L	C	0.16%	0.35%	0.16%
LDOS	B	0.24%	0.28%	0.24%
LECO	F	0.08%	0.13%	0.08%
LEN	B	0.51%	0.18%	0.18%
LEN	B	0.02%	0.18%	0.02%
LHX	C	0.5%	0.22%	0.22%
LKQ	F	0.12%	0.17%	0.12%
LNG	C	0.23%	0.24%	0.23%
LNT	B	0.17%	0.29%	0.17%
LSCC	D	0.01%	0.05%	0.01%
LUV	C	0.2%	0.12%	0.12%
LW	D	0.07%	0.11%	0.07%
LYB	D	0.28%	0.22%	0.22%
MAS	B	0.2%	0.19%	0.19%
MCHP	F	0.47%	0.13%	0.13%
MGM	F	0.1%	0.12%	0.1%
MKC	C	0.24%	0.23%	0.23%
MKL	C	0.18%	0.2%	0.18%
MLM	D	0.35%	0.18%	0.18%
MOH	D	0.09%	0.16%	0.09%
MSCI	C	0.21%	0.18%	0.18%
MSTR	D	0.24%	0.08%	0.08%
MTB	B	0.32%	0.18%	0.18%
MTD	D	0.33%	0.19%	0.19%
NDAQ	A	0.35%	0.3%	0.3%
NDSN	C	0.16%	0.23%	0.16%
NI	B	0.17%	0.28%	0.17%
NTAP	D	0.15%	0.24%	0.15%
NTRS	A	0.21%	0.16%	0.16%
NUE	F	0.4%	0.13%	0.13%
NVR	B	0.32%	0.22%	0.22%
NWSA	D	0.11%	0.19%	0.11%
OC	D	0.16%	0.17%	0.16%
OKE	B	0.61%	0.27%	0.27%
OMC	B	0.22%	0.22%	0.22%
ON	D	0.35%	0.09%	0.09%
OTIS	C	0.44%	0.29%	0.29%
OVV	F	0.12%	0.11%	0.11%
PAYX	C	0.32%	0.26%	0.26%
PCG	C	0.48%	0.25%	0.25%
PEG	B	0.48%	0.32%	0.32%
PFG	B	0.22%	0.22%	0.22%
PFGC	B	0.11%	0.19%	0.11%
PHM	B	0.33%	0.18%	0.18%
PKG	B	0.21%	0.24%	0.21%
PPG	D	0.34%	0.21%	0.21%
PPL	C	0.27%	0.3%	0.27%
PR	F	0.08%	0.12%	0.08%
PRU	C	0.48%	0.24%	0.24%
PSTG	F	0.02%	0.09%	0.02%
PTC	D	0.09%	0.22%	0.09%
PWR	B	0.31%	0.17%	0.17%
RCL	B	0.3%	0.19%	0.19%
RF	B	0.23%	0.16%	0.16%
RGA	C	0.16%	0.29%	0.16%
RGEN	F	0.08%	0.07%	0.07%
RJF	C	0.26%	0.2%	0.2%
RL	C	0.08%	0.14%	0.08%
RMD	C	0.3%	0.18%	0.18%
RNR	C	0.15%	0.18%	0.15%
ROK	D	0.31%	0.13%	0.13%
ROST	C	0.45%	0.24%	0.24%
RPM	B	0.14%	0.19%	0.14%
RS	D	0.18%	0.15%	0.15%
SAIA	D	0.05%	0.09%	0.05%
SCI	B	0.13%	0.19%	0.13%
SNA	C	0.17%	0.21%	0.17%
SQ	D	0.24%	0.07%	0.07%
SSNC	B	0.19%	0.26%	0.19%
STE	C	0.28%	0.24%	0.24%
STLD	F	0.19%	0.13%	0.13%
STT	A	0.29%	0.2%	0.2%
SWKS	D	0.19%	0.16%	0.16%
SYF	C	0.22%	0.19%	0.19%
SYY	D	0.17%	0.24%	0.17%
TAP	D	0.11%	0.2%	0.11%
TDY	B	0.23%	0.22%	0.22%
TECH	C	0.13%	0.14%	0.13%
TER	D	0.02%	0.17%	0.02%
TOL	B	0.18%	0.17%	0.17%
TPR	C	0.11%	0.12%	0.11%
TRMB	C	0.16%	0.13%	0.13%
TROW	D	0.26%	0.16%	0.16%
TW	B	0.09%	0.21%	0.09%
TXT	D	0.19%	0.18%	0.18%
TYL	C	0.04%	0.26%	0.04%
UAL	C	0.19%	0.14%	0.14%
UHAL	A	0.0%	0.16%	0.0%
UHAL	A	0.05%	0.16%	0.05%
ULTA	D	0.03%	0.12%	0.03%
URI	B	0.42%	0.13%	0.13%
USFD	B	0.16%	0.26%	0.16%
UTHR	C	0.17%	0.28%	0.17%
VLTO	C	0.17%	0.17%	0.17%
VMC	D	0.27%	0.19%	0.19%
VRSN	D	0.17%	0.23%	0.17%
VTRS	D	0.16%	0.15%	0.15%
WAB	B	0.34%	0.3%	0.3%
WAT	C	0.09%	0.15%	0.09%
WBA	F	0.08%	0.05%	0.05%
WEC	C	0.35%	0.27%	0.27%
WLK	D	0.05%	0.16%	0.05%
WMB	B	0.63%	0.33%	0.33%
WMS	D	0.07%	0.12%	0.07%
WRB	C	0.21%	0.23%	0.21%
WSM	D	0.09%	0.14%	0.09%
WSO	C	0.19%	0.2%	0.19%
WST	D	0.1%	0.12%	0.1%
WYNN	D	0.08%	0.11%	0.08%
XEL	B	0.41%	0.26%	0.26%
XYL	C	0.36%	0.23%	0.23%
YUM	D	0.27%	0.28%	0.27%
ZBH	F	0.25%	0.17%	0.17%
ZBRA	B	0.16%	0.13%	0.13%
ZM	C	0.19%	0.14%	0.14%

IWS Overweight 447 Positions Relative to CFO

Symbol	Grade	Weight
O	C	0.62%
DLR	B	0.59%
CCI	C	0.59%
FIS	B	0.54%
KVUE	C	0.51%
ALL	B	0.48%
SPG	B	0.45%
EXR	B	0.43%
FERG	D	0.42%
VICI	C	0.41%
DFS	B	0.38%
AVB	B	0.38%
EQR	B	0.34%
WTW	C	0.34%
ANSS	D	0.32%
SBAC	C	0.3%
VTR	C	0.3%
IFF	B	0.3%
TTWO	C	0.29%
WY	C	0.27%
ES	C	0.27%
INVH	C	0.26%
COO	B	0.25%
ARE	C	0.25%
ILMN	C	0.24%
WBD	D	0.24%
WDC	D	0.24%
ESS	B	0.23%
BAX	C	0.23%
MAA	B	0.22%
SUI	B	0.21%
TRU	B	0.21%
LH	C	0.21%
CCL	C	0.2%
TSN	C	0.2%
UDR	C	0.18%
SWK	B	0.18%
THC	A	0.18%
AMCR	B	0.18%
KIM	C	0.18%
DOC	C	0.18%
IRM	C	0.17%
HOOD	C	0.17%
GEN	B	0.17%
MRO	C	0.17%
RVTY	B	0.17%
PNR	B	0.17%
GLPI	C	0.16%
REG	C	0.16%
BG	D	0.16%
WPC	C	0.16%
AMH	C	0.16%
ELS	C	0.16%
CLH	A	0.15%
CPT	B	0.15%
UHS	B	0.15%
CW	B	0.14%
CUBE	B	0.14%
EMN	B	0.14%
HST	C	0.14%
JNPR	B	0.14%
SJM	C	0.14%
BXP	B	0.14%
HES	F	0.14%
NVT	D	0.13%
RIVN	F	0.13%
EWBC	D	0.13%
ITT	B	0.13%
CHRW	B	0.13%
TFX	C	0.13%
SW	B	0.13%
ATR	B	0.12%
AIZ	B	0.12%
RRX	C	0.12%
NLY	B	0.12%
COHR	C	0.12%
PNW	C	0.12%
NTNX	C	0.12%
UNM	B	0.12%
QRVO	F	0.12%
NRG	C	0.12%
FBIN	B	0.12%
FTI	D	0.12%
CACI	B	0.12%
CCK	A	0.12%
BJ	D	0.12%
CTLT	B	0.12%
RPRX	C	0.12%
REXR	C	0.12%
EHC	C	0.11%
MTCH	C	0.11%
RGLD	C	0.11%
Z	B	0.11%
MKTX	C	0.11%
TTEK	C	0.11%
FRT	C	0.11%
SOLV	C	0.11%
WWD	D	0.11%
WTRG	D	0.11%
DOX	C	0.11%
FWONK	C	0.11%
ARMK	B	0.11%
AFRM	C	0.11%
OHI	B	0.11%
JLL	B	0.1%
KNX	C	0.1%
TWLO	D	0.1%
MHK	C	0.1%
CZR	C	0.1%
DCI	C	0.1%
LAMR	B	0.1%
MOS	F	0.1%
SNX	D	0.1%
SF	A	0.1%
BRX	B	0.1%
NYT	C	0.1%
FHN	D	0.1%
APA	F	0.1%
TTC	D	0.1%
EVR	A	0.1%
WAL	B	0.1%
CG	D	0.1%
INGR	B	0.1%
NNN	C	0.1%
EGP	B	0.1%
FYBR	C	0.1%
PRI	B	0.1%
ORI	B	0.1%
HSIC	C	0.1%
CNH	D	0.1%
GPK	B	0.1%
DTM	B	0.09%
CBSH	C	0.09%
FR	B	0.09%
CR	C	0.09%
WEX	C	0.09%
ADC	C	0.09%
LAD	D	0.09%
KBR	D	0.09%
VOYA	B	0.09%
BERY	B	0.09%
JEF	B	0.09%
AXTA	B	0.09%
ATI	C	0.09%
ALSN	B	0.09%
BRBR	C	0.09%
CMA	B	0.09%
WBS	D	0.09%
GWRE	A	0.09%
COKE	C	0.09%
CHE	C	0.09%
AR	F	0.09%
FCN	D	0.09%
GMED	D	0.09%
APG	D	0.09%
TKO	B	0.09%
AYI	B	0.09%
FMC	C	0.09%
ACI	F	0.09%
ROKU	C	0.09%
X	F	0.09%
CIEN	C	0.09%
RBC	C	0.09%
AA	D	0.09%
OGE	C	0.09%
CHRD	F	0.09%
COLD	D	0.09%
SKX	D	0.09%
OSK	F	0.08%
LSTR	D	0.08%
PB	B	0.08%
MSA	D	0.08%
SNV	C	0.08%
FAF	B	0.08%
JAZZ	D	0.08%
ARW	C	0.08%
ZION	D	0.08%
MTG	B	0.08%
SEIC	C	0.08%
GNTX	F	0.08%
SOFI	C	0.08%
WTFC	B	0.08%
RRC	D	0.08%
SWN	D	0.08%
KEX	C	0.08%
G	C	0.08%
BFAM	C	0.08%
SSD	D	0.08%
WCC	D	0.08%
SAIC	C	0.08%
MKSI	F	0.08%
HRB	C	0.08%
ACHC	C	0.08%
MTZ	B	0.08%
HR	C	0.08%
BWXT	D	0.08%
MIDD	D	0.08%
ELAN	D	0.08%
CRUS	D	0.08%
AGNC	B	0.08%
EXAS	C	0.08%
ONTO	D	0.08%
HLI	B	0.08%
STAG	C	0.08%
PNFP	B	0.08%
BWA	D	0.08%
AGCO	D	0.07%
POST	C	0.07%
SRCL	A	0.07%
ESI	D	0.07%
IVZ	B	0.07%
RITM	B	0.07%
RLI	B	0.07%
GXO	D	0.07%
LEA	F	0.07%
SIRI	C	0.07%
OLLI	C	0.07%
AZPN	B	0.07%
R	A	0.07%
FLS	D	0.07%
BBWI	F	0.07%
LFUS	C	0.07%
AXS	B	0.07%
PARA	F	0.07%
NOV	F	0.07%
CROX	D	0.07%
BIO	C	0.07%
CGNX	F	0.07%
STWD	B	0.07%
OKTA	F	0.07%
BPOP	C	0.07%
VNO	B	0.07%
CART	A	0.07%
CFR	C	0.07%
VFC	C	0.07%
MAT	C	0.07%
RHI	D	0.07%
AAL	D	0.07%
OLED	C	0.06%
CCCS	D	0.06%
FOX	B	0.06%
LNC	D	0.06%
HXL	F	0.06%
UGI	C	0.06%
WSC	D	0.06%
FNB	C	0.06%
LBRDK	F	0.06%
VNT	F	0.06%
TKR	D	0.06%
COLB	B	0.06%
ST	D	0.06%
OLN	D	0.06%
WHR	D	0.06%
THO	D	0.06%
IDA	C	0.06%
KD	D	0.06%
ALK	C	0.06%
OGN	D	0.06%
THG	B	0.06%
OMF	D	0.06%
BC	C	0.06%
AMG	C	0.06%
XRAY	D	0.06%
MTDR	F	0.06%
PVH	F	0.06%
SON	C	0.06%
SN	B	0.06%
VMI	D	0.06%
GME	F	0.06%
NFG	B	0.06%
MDU	C	0.06%
DAR	F	0.06%
WH	B	0.06%
ESAB	C	0.06%
MTSI	D	0.06%
SITE	C	0.05%
BILL	D	0.05%
M	F	0.05%
ROIV	C	0.05%
DLB	D	0.05%
GNRC	D	0.05%
DBX	D	0.05%
BYD	C	0.05%
PII	D	0.05%
GAP	F	0.05%
SLGN	B	0.05%
EEFT	D	0.05%
KRC	B	0.05%
CPRI	D	0.05%
FLO	C	0.05%
AN	D	0.05%
W	D	0.05%
ASH	D	0.05%
S	C	0.05%
WTM	D	0.05%
AGO	C	0.05%
DOCS	B	0.05%
CUZ	B	0.05%
OZK	D	0.05%
FRPT	B	0.05%
PSN	B	0.05%
AL	D	0.05%
HOG	C	0.05%
SLM	D	0.05%
AVT	C	0.05%
JHG	B	0.05%
RYN	C	0.05%
AMED	C	0.04%
AM	C	0.04%
PAYC	D	0.04%
NWS	D	0.04%
CNXC	F	0.04%
NXST	D	0.04%
NWL	C	0.04%
PLNT	B	0.04%
ZI	D	0.04%
U	D	0.04%
NVST	D	0.04%
LBTYA	B	0.04%
SPR	D	0.04%
MAN	C	0.04%
NSA	B	0.04%
HIW	B	0.04%
LCID	C	0.04%
MSGS	B	0.04%
AMKR	F	0.04%
LBTYK	B	0.04%
GTES	C	0.04%
DNB	C	0.04%
TPG	B	0.04%
MSM	D	0.04%
KMPR	D	0.04%
HUN	D	0.04%
EPR	B	0.04%
AWI	B	0.04%
CLF	F	0.04%
ALNY	C	0.04%
LITE	B	0.04%
MPW	C	0.04%
NEU	D	0.04%
PRGO	D	0.04%
CIVI	F	0.04%
DXC	C	0.04%
RH	B	0.04%
IAC	C	0.04%
GFS	F	0.04%
KSS	F	0.03%
RCM	C	0.03%
ETSY	F	0.03%
JWN	C	0.03%
EXP	B	0.03%
ENOV	D	0.03%
MASI	F	0.03%
BOKF	B	0.03%
CNM	F	0.03%
YETI	D	0.03%
HHH	C	0.03%
PINC	C	0.03%
CWEN	C	0.03%
AAP	F	0.03%
CC	F	0.03%
QDEL	D	0.03%
SHC	C	0.03%
VAC	F	0.03%
CRI	D	0.03%
AGR	B	0.03%
SEE	D	0.03%
BHF	F	0.03%
AZTA	F	0.03%
CLVT	D	0.03%
VIRT	C	0.03%
SPB	C	0.03%
RKT	C	0.03%
COLM	C	0.03%
VNOM	C	0.03%
ZG	B	0.03%
LOPE	D	0.03%
PAG	D	0.03%
CXT	D	0.03%
TNL	D	0.03%
WU	F	0.03%
FHB	D	0.03%
PK	D	0.03%
IRDM	D	0.03%
SMG	C	0.03%
PENN	D	0.03%
SNDR	B	0.02%
TRIP	F	0.02%
UAA	C	0.02%
UA	D	0.02%
WEN	C	0.02%
PPC	D	0.02%
GO	F	0.02%
INFA	D	0.02%
LEG	D	0.02%
ALGM	F	0.02%
FTRE	D	0.02%
AS	C	0.02%
REYN	C	0.02%
MP	D	0.02%
BIRK	F	0.02%
BROS	D	0.02%
LPX	B	0.02%
LLYVK	B	0.02%
HAYW	C	0.02%
IPGP	F	0.02%
AZEK	C	0.02%
VSTS	D	0.02%
SAM	F	0.02%
ADT	C	0.02%
GLOB	D	0.02%
QS	F	0.02%
LAZ	B	0.01%
UI	B	0.01%
IONS	F	0.01%
PLTK	C	0.01%
CHH	C	0.01%
CACC	F	0.01%
TFSL	C	0.01%
PATH	D	0.01%
HCP	B	0.01%
LBRDA	F	0.01%
LLYVA	B	0.01%
CAR	F	0.01%
TXG	D	0.01%
SEB	D	0.01%
PYCR	D	0.01%
ALAB	D	0.01%
NCNO	D	0.01%
CWEN	C	0.01%
MTN	D	0.01%
WOLF	F	0.01%
DV	F	0.01%
DDS	F	0.01%
FWONA	C	0.01%
HAS	B	0.01%
LYFT	D	0.01%
EXEL	C	0.01%
CERT	F	0.01%
CNA	C	0.01%
SEG	C	0.0%
LOAR	C	0.0%
PARAA	D	0.0%
UWMC	D	0.0%
GRAL	F	0.0%
NFE	F	0.0%
DJT	F	0.0%

IWS Underweight 236 Positions Relative to CFO

Symbol	Grade	Weight
KO	C	-0.4%
PM	C	-0.4%
BRK.A	C	-0.39%
TMUS	C	-0.39%
RSG	D	-0.38%
CL	D	-0.38%
WMT	C	-0.37%
COST	B	-0.35%
KMB	D	-0.35%
MSI	B	-0.35%
TJX	B	-0.35%
JPM	D	-0.34%
PG	C	-0.34%
CTAS	B	-0.34%
MMC	C	-0.34%
V	C	-0.33%
LMT	C	-0.33%
DUK	C	-0.33%
MO	C	-0.32%
MCD	B	-0.32%
ICE	C	-0.32%
SO	B	-0.32%
APH	D	-0.31%
ROP	C	-0.31%
KDP	B	-0.3%
CB	B	-0.3%
TRGP	B	-0.3%
MA	B	-0.3%
HEI	B	-0.3%
AAPL	C	-0.3%
PEP	C	-0.3%
BSX	B	-0.29%
VRSK	D	-0.29%
JNJ	C	-0.29%
ABBV	C	-0.29%
MCO	B	-0.28%
WM	D	-0.28%
GD	B	-0.28%
HON	D	-0.28%
SRE	C	-0.28%
MDLZ	B	-0.27%
IBM	B	-0.27%
TRV	C	-0.27%
VST	C	-0.27%
LIN	B	-0.27%
GS	C	-0.26%
AEP	C	-0.26%
UNH	C	-0.26%
ADP	B	-0.26%
RYAN	D	-0.26%
HCA	B	-0.26%
ECL	B	-0.26%
STZ	D	-0.26%
REGN	C	-0.26%
SHW	B	-0.26%
MDT	C	-0.26%
ITW	C	-0.26%
SPGI	B	-0.26%
CME	C	-0.26%
AIG	D	-0.26%
TDG	B	-0.25%
ABT	C	-0.25%
HD	B	-0.25%
AON	B	-0.25%
BLK	B	-0.25%
AXP	B	-0.25%
MRK	D	-0.24%
CSCO	C	-0.24%
MET	B	-0.24%
AMGN	B	-0.24%
KHC	C	-0.24%
RTX	C	-0.24%
MSFT	C	-0.23%
GE	B	-0.23%
GILD	B	-0.23%
TXN	C	-0.23%
SBUX	C	-0.23%
CSX	D	-0.23%
NEE	C	-0.23%
ACN	C	-0.23%
MCK	F	-0.23%
GDDY	C	-0.23%
ELV	C	-0.23%
ORLY	C	-0.23%
AZO	D	-0.22%
C	C	-0.22%
ADI	C	-0.22%
SYK	C	-0.22%
TSCO	C	-0.22%
XOM	C	-0.22%
UNP	C	-0.22%
TMO	B	-0.22%
LOW	B	-0.22%
TEL	D	-0.22%
BDX	D	-0.22%
T	C	-0.22%
TT	B	-0.22%
CARR	B	-0.22%
NOC	B	-0.22%
DE	B	-0.21%
EQH	C	-0.21%
ISRG	B	-0.21%
VRTX	D	-0.21%
ORCL	C	-0.21%
PFE	C	-0.21%
PNC	B	-0.21%
CMG	C	-0.21%
LII	B	-0.21%
ROL	C	-0.21%
PGR	B	-0.21%
MS	D	-0.21%
BAC	D	-0.21%
JCI	B	-0.21%
DHR	B	-0.21%
D	C	-0.21%
BMY	C	-0.21%
NSC	C	-0.2%
INTU	C	-0.2%
CVX	D	-0.2%
PCAR	D	-0.2%
CPRT	D	-0.2%
TPL	B	-0.2%
CLX	C	-0.2%
CPAY	B	-0.2%
PH	B	-0.2%
NOW	B	-0.2%
CRBG	D	-0.2%
FDX	C	-0.2%
GOOGL	D	-0.19%
CMCSA	D	-0.19%
ARES	B	-0.19%
IT	B	-0.19%
MAR	C	-0.19%
VZ	B	-0.19%
KKR	B	-0.19%
ETN	C	-0.19%
CAT	B	-0.18%
ADSK	C	-0.18%
WFC	D	-0.18%
ERIE	B	-0.18%
APD	B	-0.18%
MANH	B	-0.18%
APO	C	-0.18%
COP	D	-0.18%
AVGO	C	-0.18%
LLY	C	-0.18%
BKNG	C	-0.18%
EOG	D	-0.18%
BAH	C	-0.18%
EMR	D	-0.18%
NVDA	D	-0.17%
MORN	C	-0.17%
ADBE	F	-0.17%
GM	C	-0.17%
BX	B	-0.17%
UPS	D	-0.17%
MPC	F	-0.17%
NBIX	F	-0.17%
MNST	D	-0.17%
ZTS	C	-0.17%
PSX	F	-0.17%
LYV	B	-0.17%
COF	B	-0.17%
CI	C	-0.16%
CPNG	B	-0.16%
OXY	F	-0.16%
CDNS	D	-0.16%
VLO	F	-0.16%
AXON	B	-0.16%
AMZN	C	-0.16%
QCOM	D	-0.16%
CEG	C	-0.15%
DT	C	-0.15%
BSY	D	-0.15%
FCX	D	-0.15%
DVA	B	-0.15%
KLAC	D	-0.15%
POOL	C	-0.14%
CVS	D	-0.14%
NXPI	F	-0.14%
PYPL	B	-0.14%
DELL	D	-0.14%
VEEV	C	-0.14%
WMG	D	-0.14%
FIX	B	-0.14%
BURL	B	-0.14%
NFLX	B	-0.14%
TGT	C	-0.14%
PODD	B	-0.14%
SNPS	D	-0.14%
CRM	D	-0.14%
USB	B	-0.14%
DECK	C	-0.13%
DOCU	C	-0.13%
APP	C	-0.13%
IDXX	C	-0.13%
MPWR	C	-0.13%
SLB	F	-0.13%
META	B	-0.13%
SCHW	D	-0.13%
ANET	B	-0.13%
WDAY	D	-0.13%
DIS	D	-0.13%
ODFL	D	-0.13%
LPLA	D	-0.13%
LVS	D	-0.12%
EDR	A	-0.12%
F	F	-0.12%
AMAT	D	-0.12%
EW	F	-0.12%
NKE	D	-0.12%
ENTG	F	-0.11%
TSLA	C	-0.11%
UBER	C	-0.11%
LRCX	F	-0.11%
VRT	C	-0.11%
TTD	B	-0.11%
FTNT	C	-0.11%
ABNB	D	-0.1%
PANW	D	-0.1%
MEDP	F	-0.1%
KNSL	C	-0.1%
PLTR	B	-0.09%
XPO	D	-0.09%
EXPE	C	-0.09%
AMD	D	-0.08%
DXCM	F	-0.07%
DDOG	D	-0.07%
GEV	B	-0.07%
EL	F	-0.06%
ENPH	D	-0.06%
ELF	F	-0.05%
INTC	F	-0.05%
ESTC	F	-0.04%
CELH	F	-0.03%
SMCI	F	-0.02%