IWS vs. CSM ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to ProShares Large Cap Core Plus (CSM)

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

$138.63

Average Daily Volume

282,879

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.68

Average Daily Volume

7,638

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

Performance

Period	IWS	CSM
30 Days	5.17%	2.89%
60 Days	5.63%	4.45%
90 Days	7.53%	6.39%
12 Months	31.74%	32.21%

175 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in CSM	Overlap
A	D	0.41%	0.29%	0.29%
ACGL	D	0.4%	0.3%	0.3%
AES	F	0.11%	0.19%	0.11%
AIZ	A	0.13%	0.32%	0.13%
AKAM	D	0.14%	0.19%	0.14%
ALL	A	0.48%	0.38%	0.38%
ALLE	D	0.13%	0.11%	0.11%
AME	A	0.49%	0.38%	0.38%
AOS	F	0.1%	0.06%	0.06%
APA	D	0.09%	0.21%	0.09%
APTV	D	0.16%	0.2%	0.16%
ARE	D	0.2%	0.03%	0.03%
AVB	B	0.36%	0.35%	0.35%
BAX	D	0.18%	0.25%	0.18%
BBY	D	0.22%	0.26%	0.22%
BEN	C	0.07%	0.32%	0.07%
BG	F	0.14%	0.24%	0.14%
BIIB	F	0.26%	0.14%	0.14%
BK	A	0.64%	0.13%	0.13%
BKR	B	0.47%	0.39%	0.39%
BLDR	D	0.21%	0.16%	0.16%
BRO	B	0.16%	0.34%	0.16%
BWA	D	0.09%	0.15%	0.09%
CAG	D	0.14%	0.1%	0.1%
CAH	B	0.13%	0.34%	0.13%
CBOE	B	0.23%	0.28%	0.23%
CBRE	B	0.44%	0.35%	0.35%
CCL	B	0.27%	0.38%	0.27%
CE	F	0.07%	0.16%	0.07%
CFG	B	0.23%	0.19%	0.19%
CHD	B	0.29%	0.06%	0.06%
CNC	D	0.33%	0.26%	0.26%
CNP	B	0.21%	0.32%	0.21%
CPB	D	0.09%	0.09%	0.09%
CPT	B	0.14%	0.29%	0.14%
CRL	C	0.11%	0.28%	0.11%
CSGP	D	0.32%	0.04%	0.04%
CTSH	B	0.42%	0.35%	0.35%
CTVA	C	0.43%	0.1%	0.1%
DAY	B	0.11%	0.09%	0.09%
DFS	B	0.48%	0.18%	0.18%
DG	F	0.18%	0.22%	0.18%
DHI	D	0.53%	0.23%	0.23%
DLR	B	0.64%	0.07%	0.07%
DOC	D	0.16%	0.21%	0.16%
DPZ	C	0.11%	0.05%	0.05%
DTE	C	0.27%	0.3%	0.27%
DVN	F	0.27%	0.3%	0.27%
EA	A	0.47%	0.2%	0.2%
EBAY	D	0.34%	0.07%	0.07%
EG	C	0.15%	0.25%	0.15%
EIX	B	0.35%	0.32%	0.32%
EMN	D	0.13%	0.28%	0.13%
EPAM	C	0.13%	0.05%	0.05%
EQR	B	0.31%	0.33%	0.31%
ETR	B	0.35%	0.37%	0.35%
EXC	C	0.43%	0.29%	0.29%
FANG	D	0.37%	0.32%	0.32%
FAST	B	0.08%	0.04%	0.04%
FDS	B	0.13%	0.04%	0.04%
FE	C	0.26%	0.1%	0.1%
FFIV	B	0.15%	0.34%	0.15%
FIS	C	0.54%	0.07%	0.07%
FITB	A	0.35%	0.15%	0.15%
FMC	D	0.07%	0.03%	0.03%
FOXA	B	0.12%	0.26%	0.12%
FRT	B	0.1%	0.3%	0.1%
FSLR	F	0.22%	0.1%	0.1%
FTV	C	0.29%	0.07%	0.07%
GEHC	F	0.37%	0.2%	0.2%
GEN	B	0.18%	0.18%	0.18%
GL	B	0.11%	0.21%	0.11%
GPC	D	0.19%	0.14%	0.14%
GRMN	B	0.36%	0.37%	0.36%
HAL	C	0.29%	0.23%	0.23%
HBAN	A	0.28%	0.28%	0.28%
HES	B	0.16%	0.14%	0.14%
HIG	B	0.38%	0.33%	0.33%
HII	D	0.08%	0.24%	0.08%
HOLX	D	0.2%	0.11%	0.11%
HPQ	B	0.3%	0.29%	0.29%
HRL	D	0.09%	0.06%	0.06%
HST	C	0.13%	0.31%	0.13%
HWM	A	0.47%	0.39%	0.39%
IEX	B	0.19%	0.29%	0.19%
INCY	C	0.13%	0.36%	0.13%
INVH	D	0.23%	0.28%	0.23%
IP	B	0.22%	0.06%	0.06%
IPG	D	0.11%	0.12%	0.11%
IQV	D	0.34%	0.25%	0.25%
IR	B	0.45%	0.33%	0.33%
IVZ	B	0.07%	0.29%	0.07%
J	F	0.19%	0.04%	0.04%
JBL	B	0.14%	0.08%	0.08%
JKHY	D	0.14%	0.12%	0.12%
KMI	A	0.58%	0.12%	0.12%
KMX	B	0.13%	0.21%	0.13%
KR	B	0.42%	0.36%	0.36%
L	A	0.17%	0.33%	0.17%
LDOS	C	0.24%	0.37%	0.24%
LEN	D	0.44%	0.32%	0.32%
LEN	D	0.02%	0.32%	0.02%
LKQ	D	0.11%	0.1%	0.1%
LYB	F	0.24%	0.27%	0.24%
MAA	B	0.2%	0.28%	0.2%
MAS	D	0.19%	0.04%	0.04%
MGM	D	0.1%	0.18%	0.1%
MKC	D	0.21%	0.05%	0.05%
MOH	F	0.07%	0.16%	0.07%
MSCI	C	0.21%	0.15%	0.15%
MTB	A	0.39%	0.34%	0.34%
MTCH	D	0.09%	0.07%	0.07%
MTD	D	0.27%	0.28%	0.27%
NI	A	0.18%	0.21%	0.18%
NRG	B	0.12%	0.33%	0.12%
NTRS	A	0.24%	0.29%	0.24%
NUE	C	0.39%	0.08%	0.08%
NWSA	B	0.12%	0.12%	0.12%
OKE	A	0.7%	0.18%	0.18%
OMC	C	0.21%	0.23%	0.21%
ON	D	0.31%	0.12%	0.12%
OTIS	C	0.44%	0.32%	0.32%
PARA	C	0.07%	0.19%	0.07%
PAYC	B	0.05%	0.32%	0.05%
PAYX	C	0.32%	0.07%	0.07%
PCG	A	0.49%	0.29%	0.29%
PFG	D	0.22%	0.11%	0.11%
PHM	D	0.29%	0.3%	0.29%
PKG	A	0.23%	0.05%	0.05%
PNR	A	0.19%	0.33%	0.19%
PNW	B	0.11%	0.13%	0.11%
PPG	F	0.32%	0.23%	0.23%
PRU	A	0.5%	0.29%	0.29%
PTC	A	0.1%	0.04%	0.04%
QRVO	F	0.07%	0.19%	0.07%
RCL	A	0.39%	0.42%	0.39%
REG	B	0.15%	0.2%	0.15%
RF	A	0.27%	0.05%	0.05%
RJF	A	0.33%	0.4%	0.33%
RL	B	0.09%	0.32%	0.09%
RMD	C	0.27%	0.2%	0.2%
ROST	C	0.39%	0.04%	0.04%
SJM	D	0.12%	0.18%	0.12%
SNA	A	0.2%	0.39%	0.2%
SPG	B	0.48%	0.14%	0.14%
STE	F	0.24%	0.31%	0.24%
STLD	B	0.23%	0.14%	0.14%
SWK	D	0.14%	0.25%	0.14%
SWKS	F	0.15%	0.2%	0.15%
SYF	B	0.28%	0.39%	0.28%
SYY	B	0.16%	0.13%	0.13%
TAP	C	0.12%	0.34%	0.12%
TDY	B	0.24%	0.13%	0.13%
TFX	F	0.1%	0.21%	0.1%
TPR	B	0.14%	0.16%	0.14%
TRMB	B	0.19%	0.05%	0.05%
TROW	B	0.29%	0.35%	0.29%
TSN	B	0.2%	0.34%	0.2%
TXT	D	0.17%	0.26%	0.17%
UAL	A	0.33%	0.42%	0.33%
UHS	D	0.13%	0.29%	0.13%
URI	B	0.46%	0.13%	0.13%
VICI	C	0.36%	0.33%	0.33%
VRSN	F	0.16%	0.25%	0.16%
VTR	C	0.28%	0.31%	0.28%
VTRS	A	0.17%	0.29%	0.17%
WAB	B	0.38%	0.26%	0.26%
WBA	F	0.07%	0.15%	0.07%
WDC	D	0.23%	0.22%	0.22%
WRB	A	0.2%	0.08%	0.08%
WTW	B	0.35%	0.14%	0.14%
WY	D	0.25%	0.3%	0.25%
WYNN	D	0.09%	0.04%	0.04%
XEL	A	0.43%	0.35%	0.35%
XYL	D	0.32%	0.26%	0.26%

IWS Overweight 532 Positions Relative to CSM

Symbol	Grade	Weight
WMB	A	0.76%
AFL	B	0.68%
AJG	B	0.65%
MSTR	C	0.55%
O	D	0.54%
CMI	A	0.54%
LHX	C	0.51%
CCI	D	0.5%
KVUE	A	0.5%
PEG	A	0.49%
DAL	C	0.45%
FERG	B	0.42%
CHTR	C	0.4%
GIS	D	0.39%
GLW	B	0.39%
DD	D	0.38%
EXR	D	0.38%
HUM	C	0.37%
MCHP	D	0.37%
ED	D	0.37%
MLM	B	0.37%
NDAQ	A	0.36%
PWR	A	0.36%
TTWO	A	0.34%
DOW	F	0.34%
WEC	A	0.34%
GPN	B	0.33%
HLT	A	0.33%
ROK	B	0.33%
STT	A	0.32%
ANSS	B	0.32%
SQ	B	0.3%
HPE	B	0.3%
VMC	B	0.3%
DOV	A	0.3%
KEYS	A	0.29%
AWK	D	0.29%
FCNCA	A	0.29%
SW	A	0.29%
ADM	D	0.28%
NVR	D	0.28%
AEE	A	0.27%
EFX	F	0.27%
PPL	B	0.27%
YUM	B	0.26%
CINF	A	0.26%
HUBB	B	0.26%
EQT	B	0.26%
SBAC	D	0.26%
LNG	B	0.26%
WBD	C	0.25%
ZBH	C	0.25%
HSY	F	0.24%
ZM	B	0.24%
HOOD	B	0.24%
EXE	B	0.24%
ILMN	D	0.24%
ATO	A	0.24%
ES	D	0.24%
IFF	D	0.24%
K	A	0.23%
LH	C	0.22%
CMS	C	0.22%
BALL	D	0.21%
CTRA	B	0.21%
IBKR	A	0.21%
ESS	B	0.21%
COO	D	0.21%
LUV	C	0.21%
RS	B	0.2%
KEY	B	0.2%
DGX	A	0.2%
WSO	A	0.2%
CVNA	B	0.19%
TRU	D	0.19%
CSL	C	0.19%
CF	B	0.18%
FNF	B	0.18%
MRO	B	0.18%
KIM	A	0.18%
OC	A	0.18%
MKL	A	0.18%
RGA	A	0.17%
SUI	D	0.17%
ZBRA	B	0.17%
TOL	B	0.17%
LNT	A	0.17%
SSNC	B	0.17%
UTHR	C	0.17%
EXPD	D	0.16%
EVRG	A	0.16%
EWBC	A	0.16%
IRM	D	0.16%
NDSN	B	0.16%
UDR	B	0.16%
ACM	A	0.16%
USFD	A	0.16%
THC	D	0.16%
AMCR	D	0.16%
JBHT	C	0.16%
GGG	B	0.16%
TWLO	A	0.15%
RPM	A	0.15%
NTAP	C	0.15%
RNR	C	0.15%
RVTY	F	0.15%
UNM	A	0.15%
CW	B	0.15%
VLTO	D	0.15%
EME	C	0.15%
AVTR	F	0.15%
BXP	D	0.14%
ITT	A	0.14%
COHR	B	0.14%
CLH	B	0.14%
AMH	D	0.14%
CHRW	C	0.14%
GLPI	C	0.14%
DLTR	F	0.14%
AFRM	B	0.14%
ELS	C	0.14%
SF	B	0.13%
BJ	A	0.13%
OVV	B	0.13%
Z	A	0.13%
CDW	F	0.13%
SOFI	A	0.13%
JNPR	F	0.13%
SCI	B	0.13%
BMRN	D	0.13%
FTI	A	0.13%
NVT	B	0.13%
NTNX	A	0.13%
WPC	D	0.13%
ALB	C	0.13%
CASY	A	0.13%
TECH	D	0.12%
CCK	C	0.12%
CTLT	B	0.12%
EVR	B	0.12%
CUBE	D	0.12%
FWONK	B	0.12%
PFGC	B	0.12%
ATR	B	0.12%
AA	B	0.12%
CG	A	0.12%
FHN	A	0.12%
RRX	B	0.12%
DOX	D	0.11%
CIEN	B	0.11%
COIN	C	0.11%
WTRG	B	0.11%
MKTX	D	0.11%
WAL	B	0.11%
EHC	B	0.11%
ARMK	B	0.11%
DTM	B	0.11%
AVY	D	0.11%
OHI	C	0.11%
AFG	A	0.11%
NLY	C	0.11%
GME	C	0.11%
AYI	B	0.11%
RPRX	D	0.11%
BLD	D	0.11%
DKS	C	0.11%
LAD	A	0.11%
ALSN	B	0.11%
WWD	B	0.11%
WBS	A	0.11%
PRI	A	0.11%
CACI	D	0.11%
TTEK	F	0.1%
ZION	B	0.1%
GWRE	A	0.1%
ALLY	C	0.1%
BRX	A	0.1%
SNX	C	0.1%
KNX	B	0.1%
HLI	B	0.1%
AAL	B	0.1%
AR	B	0.1%
HSIC	B	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	A	0.1%
WST	C	0.1%
TW	A	0.1%
REXR	F	0.1%
GMED	A	0.1%
FBIN	D	0.1%
RGLD	C	0.1%
BWXT	B	0.1%
DCI	B	0.1%
CMA	A	0.1%
INGR	B	0.1%
JEF	A	0.1%
ORI	A	0.1%
SOLV	C	0.1%
DRI	B	0.1%
BRBR	A	0.1%
CNH	C	0.1%
PNFP	B	0.1%
FLS	B	0.09%
G	B	0.09%
ACI	C	0.09%
CHRD	D	0.09%
RRC	B	0.09%
SEIC	B	0.09%
CZR	F	0.09%
SNV	B	0.09%
X	C	0.09%
APG	B	0.09%
TKO	B	0.09%
LECO	B	0.09%
CFR	B	0.09%
FICO	B	0.09%
VOYA	B	0.09%
LAMR	D	0.09%
WAT	B	0.09%
EGP	F	0.09%
RIVN	F	0.09%
GPK	C	0.09%
NYT	C	0.09%
TTC	D	0.09%
MOS	F	0.09%
CR	A	0.09%
MTZ	B	0.09%
JLL	D	0.09%
FYBR	D	0.09%
CBSH	A	0.09%
OGE	B	0.09%
WTFC	A	0.09%
RLI	B	0.08%
DAR	C	0.08%
ELAN	D	0.08%
FCN	D	0.08%
MTSI	B	0.08%
GXO	B	0.08%
FND	C	0.08%
R	B	0.08%
SSD	D	0.08%
ALGN	D	0.08%
FR	C	0.08%
ATI	D	0.08%
ESAB	B	0.08%
GNTX	C	0.08%
AGNC	D	0.08%
OSK	B	0.08%
VFC	C	0.08%
BBWI	D	0.08%
VNO	B	0.08%
KBR	F	0.08%
MIDD	C	0.08%
CART	C	0.08%
SKX	D	0.08%
COKE	C	0.08%
MHK	D	0.08%
LBRDK	C	0.08%
LW	C	0.08%
KEX	C	0.08%
RHI	B	0.08%
ROKU	D	0.08%
PB	A	0.08%
CHE	D	0.08%
ADC	B	0.08%
JAZZ	B	0.08%
PR	B	0.08%
BERY	B	0.08%
NNN	D	0.08%
LNC	B	0.07%
WHR	B	0.07%
VNT	B	0.07%
IDA	A	0.07%
RGEN	D	0.07%
S	B	0.07%
STWD	C	0.07%
ARW	D	0.07%
BPOP	B	0.07%
BIO	D	0.07%
COLD	D	0.07%
OMF	A	0.07%
MTDR	B	0.07%
SAIC	F	0.07%
MAT	D	0.07%
NOV	C	0.07%
SIRI	C	0.07%
MSA	D	0.07%
ESI	A	0.07%
KD	B	0.07%
MTG	C	0.07%
CGNX	C	0.07%
LSTR	D	0.07%
BILL	A	0.07%
OKTA	C	0.07%
COLB	A	0.07%
FAF	A	0.07%
STAG	F	0.07%
MKSI	C	0.07%
HR	C	0.07%
WEX	D	0.07%
AZPN	A	0.07%
DINO	D	0.07%
GWW	B	0.07%
HRB	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	C	0.07%
WSM	B	0.07%
WH	B	0.07%
AMP	A	0.06%
BYD	C	0.06%
UGI	A	0.06%
AL	B	0.06%
BFAM	D	0.06%
OZK	B	0.06%
POST	C	0.06%
SLM	A	0.06%
CCCS	B	0.06%
SN	D	0.06%
LEA	D	0.06%
EXAS	D	0.06%
CRUS	D	0.06%
BC	C	0.06%
GNRC	B	0.06%
LITE	B	0.06%
RITM	C	0.06%
THO	B	0.06%
NFG	A	0.06%
OLLI	D	0.06%
DOCS	C	0.06%
FOX	A	0.06%
PVH	C	0.06%
H	B	0.06%
WMS	D	0.06%
SAIA	B	0.06%
ONTO	D	0.06%
JHG	A	0.06%
THG	A	0.06%
AMG	B	0.06%
LFUS	F	0.06%
AGCO	D	0.06%
FNB	A	0.06%
GTES	A	0.05%
TPG	A	0.05%
DLB	B	0.05%
AN	C	0.05%
WLK	D	0.05%
M	D	0.05%
GAP	C	0.05%
KMPR	B	0.05%
EEFT	B	0.05%
SLGN	A	0.05%
RYN	D	0.05%
AWI	A	0.05%
PSN	D	0.05%
WSC	D	0.05%
DBX	B	0.05%
KRC	C	0.05%
CUZ	B	0.05%
AGO	B	0.05%
ST	F	0.05%
AVT	C	0.05%
ROIV	C	0.05%
CROX	D	0.05%
FRPT	B	0.05%
HXL	D	0.05%
OLN	D	0.05%
WTM	A	0.05%
TKR	D	0.05%
SON	D	0.05%
SMG	D	0.04%
HUN	F	0.04%
AM	A	0.04%
ZG	A	0.04%
ALNY	D	0.04%
EPR	D	0.04%
HIW	D	0.04%
MASI	A	0.04%
ACHC	F	0.04%
FHB	A	0.04%
UHAL	D	0.04%
IAC	D	0.04%
PII	D	0.04%
NVST	B	0.04%
CLF	F	0.04%
W	F	0.04%
NWS	B	0.04%
TNL	A	0.04%
NWL	B	0.04%
VNOM	A	0.04%
PRGO	B	0.04%
CIVI	D	0.04%
XRAY	F	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	C	0.04%
MSGS	A	0.04%
DXC	B	0.04%
PLNT	A	0.04%
RH	B	0.04%
OLED	D	0.04%
MSM	C	0.04%
TYL	B	0.04%
OGN	D	0.04%
ASH	D	0.04%
LINE	F	0.04%
SITE	D	0.04%
HOG	D	0.04%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
YETI	C	0.03%
ULTA	F	0.03%
PINC	B	0.03%
ALGM	D	0.03%
BR	A	0.03%
CPRI	F	0.03%
SPB	C	0.03%
EXP	A	0.03%
MP	B	0.03%
ENOV	C	0.03%
HHH	B	0.03%
MPW	F	0.03%
AGR	B	0.03%
CC	C	0.03%
BOKF	B	0.03%
WU	D	0.03%
COTY	F	0.03%
CXT	B	0.03%
COLM	B	0.03%
CNM	D	0.03%
SEE	C	0.03%
VIRT	B	0.03%
ECG	C	0.03%
U	C	0.03%
AMED	F	0.03%
AMKR	D	0.03%
MAN	D	0.03%
NSA	D	0.03%
PAG	B	0.03%
PK	B	0.03%
IRDM	D	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
BROS	B	0.03%
NXST	C	0.03%
SPR	D	0.03%
AMTM	D	0.03%
BHF	B	0.03%
LOPE	B	0.03%
VAC	B	0.03%
PENN	C	0.03%
ZI	D	0.03%
TER	D	0.02%
TRIP	F	0.02%
SNDR	B	0.02%
REYN	D	0.02%
LEG	F	0.02%
FTRE	D	0.02%
WEN	D	0.02%
EXEL	B	0.02%
UA	C	0.02%
QS	F	0.02%
CLVT	F	0.02%
GO	C	0.02%
BIRK	D	0.02%
ALAB	B	0.02%
VSTS	C	0.02%
CNXC	F	0.02%
CRI	D	0.02%
UAA	C	0.02%
PSTG	D	0.02%
RKT	F	0.02%
AZEK	A	0.02%
PPC	C	0.02%
LCID	F	0.02%
ETSY	D	0.02%
LBTYK	A	0.02%
INFA	D	0.02%
KSS	F	0.02%
IPGP	D	0.02%
QDEL	F	0.02%
LYFT	C	0.02%
LBTYA	B	0.02%
BRKR	D	0.02%
GLOB	B	0.02%
SHC	F	0.02%
AZTA	D	0.02%
LPX	B	0.02%
ADT	C	0.02%
AAP	C	0.02%
RCM	F	0.02%
SAM	C	0.02%
TXG	F	0.01%
PLTK	B	0.01%
CHH	A	0.01%
DJT	C	0.01%
CACC	D	0.01%
SEB	F	0.01%
PATH	C	0.01%
TFSL	A	0.01%
UI	A	0.01%
WOLF	F	0.01%
CWEN	C	0.01%
LSCC	D	0.01%
FIVE	F	0.01%
HCP	B	0.01%
MTN	C	0.01%
CAR	C	0.01%
CNA	B	0.01%
LBRDA	C	0.01%
HAS	D	0.01%
FWONA	B	0.01%
PYCR	C	0.01%
AS	B	0.01%
CERT	F	0.01%
DV	C	0.01%
LLYVA	A	0.01%
NCNO	B	0.01%
DDS	B	0.01%
LOAR	A	0.0%
PARAA	B	0.0%
UWMC	D	0.0%
SEG	B	0.0%
NFE	D	0.0%
UHAL	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 133 Positions Relative to CSM

Symbol	Grade	Weight
NVDA	C	-4.99%
AAPL	C	-4.66%
MSFT	F	-4.32%
AMZN	C	-2.77%
META	D	-1.6%
GOOGL	C	-1.27%
AVGO	D	-1.22%
GOOG	C	-1.02%
TSLA	B	-0.97%
BRK.A	B	-0.96%
LLY	F	-0.91%
CRM	B	-0.83%
JPM	A	-0.69%
MRK	F	-0.62%
INTU	C	-0.58%
GE	D	-0.57%
TMO	F	-0.55%
UNH	C	-0.52%
ADBE	C	-0.52%
XOM	B	-0.51%
QCOM	F	-0.5%
TMUS	B	-0.5%
BMY	B	-0.49%
TJX	A	-0.48%
NFLX	A	-0.46%
VRTX	F	-0.46%
MCK	B	-0.45%
PH	A	-0.45%
MU	D	-0.44%
APH	A	-0.44%
TT	A	-0.43%
V	A	-0.43%
ETN	A	-0.42%
SNPS	B	-0.42%
WELL	A	-0.42%
TRGP	B	-0.4%
JNJ	D	-0.4%
CME	A	-0.4%
GM	B	-0.4%
PG	A	-0.4%
UBER	D	-0.39%
MA	C	-0.38%
NOC	D	-0.38%
CI	F	-0.38%
BDX	F	-0.37%
GDDY	A	-0.37%
MCO	B	-0.36%
ABBV	D	-0.35%
APD	A	-0.35%
LYV	A	-0.35%
CDNS	B	-0.35%
NCLH	B	-0.35%
DUK	C	-0.34%
RSG	A	-0.34%
FTNT	C	-0.33%
COR	B	-0.33%
TGT	F	-0.33%
PLD	D	-0.33%
PEP	F	-0.32%
COST	B	-0.32%
KMB	D	-0.32%
ANET	C	-0.31%
SLB	C	-0.31%
HD	A	-0.31%
FDX	B	-0.29%
BAC	A	-0.29%
STX	D	-0.28%
COF	B	-0.27%
EQIX	A	-0.26%
ROL	B	-0.26%
SO	D	-0.26%
PYPL	B	-0.25%
INTC	D	-0.25%
MDT	D	-0.25%
CSX	B	-0.25%
MET	A	-0.24%
WMT	A	-0.24%
GILD	C	-0.24%
CMCSA	B	-0.23%
PGR	A	-0.23%
MSI	B	-0.23%
EMR	A	-0.22%
AMAT	F	-0.21%
EL	F	-0.21%
CVS	D	-0.2%
T	A	-0.2%
LMT	D	-0.2%
PANW	C	-0.2%
CRWD	B	-0.19%
BX	A	-0.18%
ADSK	A	-0.17%
LRCX	F	-0.17%
ABNB	C	-0.16%
F	C	-0.15%
HCA	F	-0.15%
AMD	F	-0.15%
ZTS	D	-0.15%
WFC	A	-0.15%
NOW	A	-0.14%
PSA	D	-0.14%
ORCL	B	-0.13%
FCX	D	-0.12%
PFE	D	-0.12%
ROP	B	-0.12%
KDP	D	-0.12%
KO	D	-0.12%
PSX	C	-0.12%
TRV	B	-0.11%
KHC	F	-0.11%
DIS	B	-0.1%
ISRG	A	-0.09%
NEM	D	-0.09%
CVX	A	-0.09%
MAR	B	-0.09%
LULU	C	-0.09%
VLO	C	-0.08%
LIN	D	-0.08%
DXCM	D	-0.08%
ABT	B	-0.06%
CLX	B	-0.06%
VZ	C	-0.05%
ACN	C	-0.05%
AMGN	D	-0.04%
PM	B	-0.04%
MMC	B	-0.04%
WM	A	-0.04%
CSCO	B	-0.04%
CMG	B	-0.04%
LOW	D	-0.04%
SMCI	F	-0.03%
DHR	F	-0.03%
IBM	C	-0.03%
MCD	D	-0.03%