IWS vs. EUSA ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to iShares MSCI USA Index Fund (EUSA)

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

$136.46

Average Daily Volume

268,670

Number of Holdings ^*

706

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.48

Average Daily Volume

47,941

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	IWS	EUSA
30 Days	3.91%	3.86%
60 Days	7.97%	9.09%
90 Days	10.93%	12.13%
12 Months	36.55%	37.01%

333 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in EUSA	Overlap
A	D	0.43%	0.16%	0.16%
ACGL	D	0.4%	0.15%	0.15%
ACI	C	0.09%	0.15%	0.09%
ACM	B	0.16%	0.18%	0.16%
ADM	F	0.3%	0.15%	0.15%
AEE	A	0.26%	0.17%	0.17%
AES	F	0.13%	0.14%	0.13%
AFG	B	0.1%	0.17%	0.1%
AFL	D	0.66%	0.18%	0.18%
AIZ	A	0.11%	0.18%	0.11%
AJG	C	0.64%	0.16%	0.16%
AKAM	F	0.17%	0.16%	0.16%
ALB	C	0.13%	0.19%	0.13%
ALGN	F	0.07%	0.15%	0.07%
ALL	B	0.47%	0.17%	0.17%
ALLE	C	0.14%	0.17%	0.14%
ALLY	C	0.09%	0.14%	0.09%
ALNY	B	0.04%	0.16%	0.04%
AMCR	D	0.18%	0.16%	0.16%
AME	A	0.48%	0.18%	0.18%
AMH	D	0.13%	0.15%	0.13%
AMP	B	0.05%	0.19%	0.05%
ANSS	B	0.32%	0.16%	0.16%
AOS	F	0.1%	0.15%	0.1%
APA	F	0.1%	0.13%	0.1%
APTV	F	0.17%	0.13%	0.13%
ARE	D	0.22%	0.16%	0.16%
ATO	A	0.24%	0.17%	0.17%
AVB	A	0.36%	0.16%	0.16%
AVTR	F	0.17%	0.14%	0.14%
AVY	F	0.12%	0.16%	0.12%
AWK	D	0.3%	0.16%	0.16%
AZPN	B	0.07%	0.18%	0.07%
BALL	F	0.21%	0.15%	0.15%
BAX	F	0.21%	0.16%	0.16%
BBWI	D	0.07%	0.14%	0.07%
BBY	D	0.22%	0.17%	0.17%
BEN	C	0.07%	0.15%	0.07%
BG	F	0.13%	0.14%	0.13%
BIIB	F	0.29%	0.14%	0.14%
BIO	B	0.08%	0.19%	0.08%
BK	B	0.63%	0.19%	0.19%
BKR	B	0.43%	0.18%	0.18%
BLDR	D	0.21%	0.17%	0.17%
BMRN	F	0.14%	0.12%	0.12%
BR	A	0.02%	0.16%	0.02%
BRO	B	0.16%	0.17%	0.16%
BXP	B	0.14%	0.19%	0.14%
CAG	F	0.16%	0.15%	0.15%
CAH	B	0.12%	0.17%	0.12%
CBOE	D	0.25%	0.17%	0.17%
CBRE	A	0.45%	0.19%	0.19%
CCI	D	0.53%	0.16%	0.16%
CCK	C	0.12%	0.17%	0.12%
CCL	B	0.25%	0.23%	0.23%
CDW	F	0.14%	0.14%	0.14%
CE	F	0.12%	0.16%	0.12%
CF	B	0.17%	0.17%	0.17%
CFG	B	0.21%	0.17%	0.17%
CG	B	0.12%	0.2%	0.12%
CHD	C	0.28%	0.17%	0.17%
CHRD	F	0.09%	0.14%	0.09%
CHRW	B	0.14%	0.17%	0.14%
CHTR	B	0.35%	0.17%	0.17%
CINF	B	0.24%	0.18%	0.18%
CMI	B	0.51%	0.18%	0.18%
CMS	D	0.23%	0.17%	0.17%
CNC	F	0.37%	0.13%	0.13%
CNH	D	0.11%	0.19%	0.11%
CNP	B	0.21%	0.18%	0.18%
COIN	B	0.06%	0.15%	0.06%
COO	D	0.23%	0.18%	0.18%
CPB	D	0.1%	0.15%	0.1%
CPT	C	0.14%	0.15%	0.14%
CRL	D	0.1%	0.15%	0.1%
CSGP	D	0.33%	0.16%	0.16%
CSL	C	0.19%	0.17%	0.17%
CTLT	D	0.12%	0.16%	0.12%
CTRA	C	0.2%	0.16%	0.16%
CTSH	B	0.42%	0.16%	0.16%
CTVA	C	0.48%	0.19%	0.19%
DAL	B	0.42%	0.24%	0.24%
DAY	A	0.11%	0.22%	0.11%
DD	D	0.39%	0.17%	0.17%
DFS	B	0.42%	0.18%	0.18%
DG	F	0.2%	0.11%	0.11%
DGX	B	0.19%	0.17%	0.17%
DHI	D	0.57%	0.15%	0.15%
DINO	F	0.07%	0.13%	0.07%
DKS	D	0.11%	0.14%	0.11%
DLR	B	0.65%	0.19%	0.19%
DLTR	F	0.15%	0.11%	0.11%
DOC	B	0.18%	0.17%	0.17%
DOV	B	0.29%	0.17%	0.17%
DOW	F	0.39%	0.15%	0.15%
DPZ	C	0.11%	0.16%	0.11%
DRI	B	0.1%	0.17%	0.1%
DTE	D	0.29%	0.16%	0.16%
DVN	F	0.27%	0.14%	0.14%
EA	B	0.46%	0.17%	0.17%
EBAY	D	0.33%	0.17%	0.17%
ED	D	0.4%	0.16%	0.16%
EFX	D	0.29%	0.15%	0.15%
EG	D	0.15%	0.15%	0.15%
EIX	D	0.35%	0.16%	0.16%
ELS	C	0.15%	0.16%	0.15%
EME	B	0.14%	0.2%	0.14%
EMN	D	0.14%	0.17%	0.14%
EPAM	C	0.11%	0.15%	0.11%
EQR	D	0.3%	0.16%	0.16%
EQT	B	0.23%	0.17%	0.17%
ES	D	0.26%	0.16%	0.16%
ESS	C	0.2%	0.16%	0.16%
ETR	B	0.37%	0.2%	0.2%
EVRG	B	0.15%	0.17%	0.15%
EXAS	F	0.09%	0.2%	0.09%
EXC	D	0.45%	0.16%	0.16%
EXE	B	0.22%	0.19%	0.19%
EXPD	D	0.16%	0.16%	0.16%
EXR	D	0.39%	0.16%	0.16%
FANG	D	0.38%	0.15%	0.15%
FAST	B	0.08%	0.19%	0.08%
FBIN	D	0.12%	0.18%	0.12%
FCNCA	B	0.26%	0.16%	0.16%
FDS	B	0.13%	0.18%	0.13%
FE	D	0.27%	0.16%	0.16%
FERG	B	0.42%	0.16%	0.16%
FFIV	B	0.15%	0.19%	0.15%
FICO	B	0.08%	0.18%	0.08%
FIS	C	0.57%	0.2%	0.2%
FITB	B	0.34%	0.18%	0.18%
FNF	C	0.18%	0.16%	0.16%
FOX	B	0.06%	0.06%	0.06%
FOXA	B	0.11%	0.11%	0.11%
FSLR	F	0.23%	0.15%	0.15%
FTV	F	0.28%	0.16%	0.16%
FWONK	B	0.12%	0.17%	0.12%
GEHC	D	0.4%	0.17%	0.17%
GEN	B	0.18%	0.18%	0.18%
GGG	C	0.15%	0.17%	0.15%
GIS	F	0.43%	0.16%	0.16%
GLPI	D	0.15%	0.17%	0.15%
GLW	B	0.41%	0.19%	0.19%
GPC	F	0.18%	0.13%	0.13%
GPN	C	0.3%	0.16%	0.16%
GRMN	B	0.35%	0.19%	0.19%
GWW	A	0.07%	0.19%	0.07%
H	C	0.06%	0.17%	0.06%
HAL	D	0.28%	0.15%	0.15%
HBAN	B	0.25%	0.19%	0.19%
HES	C	0.15%	0.16%	0.15%
HIG	C	0.37%	0.18%	0.18%
HII	F	0.08%	0.11%	0.08%
HLT	A	0.32%	0.18%	0.18%
HOLX	D	0.21%	0.17%	0.17%
HOOD	A	0.18%	0.2%	0.18%
HPE	B	0.29%	0.18%	0.18%
HPQ	B	0.3%	0.17%	0.17%
HRL	F	0.1%	0.16%	0.1%
HSIC	F	0.1%	0.17%	0.1%
HST	C	0.14%	0.17%	0.14%
HSY	F	0.25%	0.15%	0.15%
HUBB	B	0.26%	0.19%	0.19%
HUM	F	0.35%	0.12%	0.12%
HWM	B	0.43%	0.17%	0.17%
IEX	B	0.18%	0.18%	0.18%
IFF	F	0.29%	0.16%	0.16%
ILMN	B	0.26%	0.19%	0.19%
INCY	A	0.13%	0.19%	0.13%
INVH	D	0.22%	0.14%	0.14%
IP	B	0.22%	0.19%	0.19%
IPG	F	0.13%	0.16%	0.13%
IQV	F	0.37%	0.14%	0.14%
IR	B	0.44%	0.17%	0.17%
IRM	C	0.17%	0.18%	0.17%
J	C	0.2%	0.15%	0.15%
JBHT	B	0.17%	0.17%	0.17%
JBL	C	0.14%	0.2%	0.14%
JKHY	C	0.15%	0.2%	0.15%
JNPR	C	0.14%	0.17%	0.14%
K	A	0.24%	0.16%	0.16%
KEY	B	0.18%	0.17%	0.17%
KEYS	A	0.29%	0.18%	0.18%
KIM	A	0.18%	0.17%	0.17%
KMI	A	0.54%	0.19%	0.19%
KMX	F	0.12%	0.15%	0.12%
KNX	B	0.09%	0.16%	0.09%
KR	A	0.42%	0.18%	0.18%
KVUE	A	0.5%	0.17%	0.17%
L	A	0.16%	0.17%	0.16%
LDOS	A	0.28%	0.2%	0.2%
LEN	D	0.46%	0.16%	0.16%
LEN	D	0.02%	0.16%	0.02%
LH	A	0.22%	0.16%	0.16%
LHX	A	0.53%	0.18%	0.18%
LKQ	F	0.11%	0.15%	0.11%
LNG	A	0.24%	0.17%	0.17%
LNT	D	0.17%	0.17%	0.17%
LUV	B	0.21%	0.19%	0.19%
LW	C	0.09%	0.2%	0.09%
LYB	F	0.26%	0.15%	0.15%
MAA	C	0.2%	0.16%	0.16%
MAS	D	0.2%	0.17%	0.17%
MCHP	F	0.44%	0.15%	0.15%
MGM	F	0.1%	0.15%	0.1%
MKC	D	0.22%	0.16%	0.16%
MKL	B	0.17%	0.16%	0.16%
MKTX	C	0.12%	0.2%	0.12%
MLM	B	0.39%	0.18%	0.18%
MOH	F	0.08%	0.15%	0.08%
MOS	C	0.1%	0.16%	0.1%
MRO	B	0.17%	0.16%	0.16%
MSCI	B	0.21%	0.17%	0.17%
MSTR	B	0.41%	0.28%	0.28%
MTB	B	0.37%	0.19%	0.19%
MTCH	F	0.11%	0.16%	0.11%
MTD	F	0.31%	0.15%	0.15%
NDAQ	B	0.34%	0.17%	0.17%
NDSN	C	0.16%	0.17%	0.16%
NI	A	0.18%	0.18%	0.18%
NLY	C	0.11%	0.16%	0.11%
NRG	B	0.13%	0.17%	0.13%
NTAP	C	0.15%	0.15%	0.15%
NTRS	B	0.23%	0.19%	0.19%
NUE	C	0.39%	0.16%	0.16%
NVR	D	0.3%	0.17%	0.17%
NWSA	B	0.12%	0.16%	0.12%
O	D	0.59%	0.16%	0.16%
OC	B	0.17%	0.19%	0.17%
OKE	A	0.64%	0.18%	0.18%
OKTA	D	0.07%	0.12%	0.07%
OMC	B	0.22%	0.17%	0.17%
ON	D	0.34%	0.15%	0.15%
OTIS	B	0.45%	0.17%	0.17%
OVV	D	0.12%	0.15%	0.12%
PARA	C	0.07%	0.16%	0.07%
PAYC	B	0.04%	0.22%	0.04%
PAYX	A	0.33%	0.18%	0.18%
PCG	B	0.49%	0.18%	0.18%
PEG	D	0.5%	0.18%	0.18%
PFG	C	0.21%	0.17%	0.17%
PHM	D	0.3%	0.17%	0.17%
PKG	B	0.23%	0.19%	0.19%
PNR	B	0.18%	0.19%	0.18%
PPG	F	0.33%	0.16%	0.16%
PPL	B	0.27%	0.16%	0.16%
PRU	C	0.5%	0.19%	0.19%
PSTG	C	0.02%	0.14%	0.02%
PTC	B	0.1%	0.17%	0.1%
PWR	A	0.34%	0.19%	0.19%
QRVO	F	0.08%	0.11%	0.08%
RCL	B	0.36%	0.21%	0.21%
REG	B	0.15%	0.17%	0.15%
RF	B	0.25%	0.18%	0.18%
RIVN	F	0.09%	0.13%	0.09%
RJF	B	0.32%	0.2%	0.2%
RMD	B	0.29%	0.18%	0.18%
ROK	B	0.31%	0.17%	0.17%
ROKU	C	0.08%	0.17%	0.08%
ROST	D	0.4%	0.16%	0.16%
RPM	B	0.14%	0.18%	0.14%
RPRX	F	0.12%	0.16%	0.12%
RS	B	0.19%	0.17%	0.17%
RVTY	B	0.16%	0.17%	0.16%
SBAC	D	0.28%	0.17%	0.17%
SEIC	B	0.08%	0.19%	0.08%
SJM	D	0.13%	0.15%	0.13%
SNA	A	0.19%	0.2%	0.19%
SOLV	C	0.11%	0.2%	0.11%
SPG	A	0.46%	0.17%	0.17%
SQ	C	0.26%	0.19%	0.19%
SSNC	C	0.17%	0.16%	0.16%
STE	F	0.25%	0.16%	0.16%
STLD	B	0.22%	0.19%	0.19%
STT	B	0.32%	0.19%	0.19%
SUI	F	0.19%	0.16%	0.16%
SW	B	0.3%	0.2%	0.2%
SWK	F	0.16%	0.16%	0.16%
SWKS	F	0.16%	0.14%	0.14%
SYF	B	0.25%	0.2%	0.2%
SYY	C	0.16%	0.16%	0.16%
TAP	C	0.11%	0.17%	0.11%
TDY	A	0.24%	0.18%	0.18%
TECH	B	0.13%	0.17%	0.13%
TER	F	0.02%	0.13%	0.02%
TFX	F	0.11%	0.15%	0.11%
TRMB	A	0.17%	0.18%	0.17%
TROW	B	0.27%	0.17%	0.17%
TRU	C	0.21%	0.17%	0.17%
TSN	D	0.19%	0.15%	0.15%
TTC	D	0.1%	0.15%	0.1%
TTWO	B	0.31%	0.17%	0.17%
TW	B	0.1%	0.18%	0.1%
TWLO	A	0.13%	0.23%	0.13%
TXT	D	0.17%	0.15%	0.15%
TYL	B	0.04%	0.17%	0.04%
UDR	C	0.16%	0.16%	0.16%
UHAL	B	0.0%	0.17%	0.0%
UHAL	B	0.04%	0.17%	0.04%
UHS	D	0.13%	0.15%	0.13%
ULTA	C	0.03%	0.17%	0.03%
URI	B	0.46%	0.18%	0.18%
UTHR	B	0.18%	0.18%	0.18%
VICI	D	0.37%	0.16%	0.16%
VLTO	D	0.16%	0.15%	0.15%
VMC	B	0.3%	0.18%	0.18%
VRSN	D	0.16%	0.16%	0.16%
VTR	B	0.3%	0.18%	0.18%
VTRS	B	0.16%	0.17%	0.16%
WAB	A	0.37%	0.19%	0.19%
WAT	B	0.08%	0.19%	0.08%
WBA	F	0.08%	0.14%	0.08%
WBD	C	0.22%	0.17%	0.17%
WDC	C	0.24%	0.17%	0.17%
WEC	B	0.34%	0.17%	0.17%
WLK	F	0.05%	0.15%	0.05%
WMB	B	0.72%	0.19%	0.19%
WPC	D	0.14%	0.15%	0.14%
WRB	B	0.19%	0.17%	0.17%
WSM	F	0.08%	0.16%	0.08%
WSO	B	0.18%	0.16%	0.16%
WST	C	0.1%	0.17%	0.1%
WTRG	B	0.11%	0.16%	0.11%
WTW	B	0.35%	0.18%	0.18%
WY	D	0.26%	0.17%	0.17%
WYNN	D	0.1%	0.21%	0.1%
XEL	B	0.42%	0.18%	0.18%
XYL	F	0.33%	0.15%	0.15%
YUM	C	0.26%	0.16%	0.16%
Z	B	0.11%	0.18%	0.11%
ZBH	C	0.25%	0.16%	0.16%
ZBRA	B	0.17%	0.18%	0.17%
ZM	A	0.22%	0.21%	0.21%

IWS Overweight 373 Positions Relative to EUSA

Symbol	Grade	Weight
UAL	A	0.29%
CVNA	B	0.2%
IBKR	B	0.18%
THC	B	0.17%
TOL	B	0.17%
RGA	B	0.16%
USFD	B	0.16%
CW	A	0.15%
EWBC	B	0.15%
RNR	B	0.15%
UNM	B	0.14%
CASY	B	0.14%
COHR	B	0.14%
CACI	B	0.14%
NVT	B	0.14%
RRX	B	0.13%
ATR	B	0.13%
BJ	B	0.13%
FTI	B	0.13%
ITT	A	0.13%
SCI	A	0.13%
CLH	B	0.13%
AFRM	B	0.12%
TTEK	C	0.12%
SF	B	0.12%
BLD	F	0.12%
OHI	B	0.12%
PFGC	B	0.12%
CUBE	D	0.12%
NTNX	B	0.12%
TPR	A	0.12%
REXR	F	0.11%
ALSN	A	0.11%
GL	C	0.11%
EVR	B	0.11%
FHN	B	0.11%
PRI	A	0.11%
RGLD	B	0.11%
SOFI	A	0.11%
EHC	B	0.11%
WWD	B	0.11%
ARMK	B	0.11%
PNW	B	0.11%
AA	B	0.11%
DOX	A	0.11%
WCC	B	0.1%
GPK	C	0.1%
CZR	D	0.1%
CMA	B	0.1%
BRBR	A	0.1%
LAMR	C	0.1%
SNX	B	0.1%
ORI	B	0.1%
X	C	0.1%
DTM	A	0.1%
INGR	B	0.1%
FYBR	C	0.1%
WBS	B	0.1%
DCI	A	0.1%
WAL	B	0.1%
JLL	C	0.1%
BWXT	B	0.1%
NYT	B	0.1%
LAD	B	0.1%
FRT	C	0.1%
CIEN	A	0.1%
AYI	A	0.1%
ZION	B	0.09%
BWA	D	0.09%
LECO	C	0.09%
CART	B	0.09%
CR	A	0.09%
MTZ	A	0.09%
APG	B	0.09%
NNN	D	0.09%
PNFP	B	0.09%
OGE	A	0.09%
RL	B	0.09%
RBC	A	0.09%
TKO	D	0.09%
JEF	B	0.09%
BERY	C	0.09%
BRX	A	0.09%
FMC	D	0.09%
VOYA	B	0.09%
AAL	C	0.09%
KBR	A	0.09%
HLI	B	0.09%
GMED	B	0.09%
EGP	D	0.09%
GME	C	0.09%
AXTA	A	0.09%
GWRE	B	0.09%
KEX	C	0.08%
OSK	B	0.08%
HRB	D	0.08%
G	B	0.08%
STAG	D	0.08%
LBRDK	B	0.08%
COKE	D	0.08%
JAZZ	B	0.08%
MAT	C	0.08%
FCN	F	0.08%
AGNC	D	0.08%
MIDD	C	0.08%
FND	F	0.08%
RHI	C	0.08%
SSD	C	0.08%
FLS	A	0.08%
ESAB	B	0.08%
FR	D	0.08%
GXO	C	0.08%
PR	C	0.08%
GNTX	D	0.08%
MHK	D	0.08%
RRC	C	0.08%
SNV	B	0.08%
ONTO	F	0.08%
CHE	F	0.08%
VNO	A	0.08%
VFC	B	0.08%
COLD	F	0.08%
ADC	B	0.08%
SKX	F	0.08%
SAIC	B	0.08%
CBSH	A	0.08%
AR	C	0.08%
WTFC	B	0.08%
CFR	B	0.08%
VNT	B	0.07%
LNC	B	0.07%
MDU	F	0.07%
COLB	B	0.07%
CRUS	F	0.07%
LFUS	C	0.07%
S	B	0.07%
ALK	B	0.07%
ESI	B	0.07%
RLI	A	0.07%
AXS	A	0.07%
AMG	C	0.07%
MSA	D	0.07%
NOV	D	0.07%
VMI	B	0.07%
AGCO	D	0.07%
STWD	D	0.07%
DAR	C	0.07%
ELAN	D	0.07%
WH	A	0.07%
MKSI	D	0.07%
R	A	0.07%
LSTR	C	0.07%
MTSI	B	0.07%
ARW	F	0.07%
IVZ	B	0.07%
WEX	F	0.07%
MTG	D	0.07%
FAF	D	0.07%
RGEN	F	0.07%
HR	D	0.07%
WMS	D	0.07%
SIRI	D	0.07%
PB	B	0.07%
ATI	D	0.07%
CGNX	C	0.07%
BFAM	F	0.07%
AVT	B	0.06%
SN	C	0.06%
ROIV	C	0.06%
PSN	B	0.06%
GNRC	A	0.06%
UGI	D	0.06%
ST	F	0.06%
SON	F	0.06%
FNB	B	0.06%
KD	B	0.06%
IDA	A	0.06%
CROX	F	0.06%
THG	A	0.06%
THO	C	0.06%
JHG	A	0.06%
TKR	F	0.06%
SAIA	C	0.06%
LEA	F	0.06%
POST	D	0.06%
RITM	D	0.06%
BC	C	0.06%
WHR	B	0.06%
PVH	C	0.06%
NFG	C	0.06%
OMF	A	0.06%
SRCL	A	0.06%
OLLI	C	0.06%
MTDR	C	0.06%
BPOP	D	0.06%
GTES	B	0.05%
W	F	0.05%
AWI	A	0.05%
CLF	D	0.05%
FLO	F	0.05%
GAP	C	0.05%
OLED	F	0.05%
ASH	F	0.05%
M	C	0.05%
FRPT	B	0.05%
DLB	C	0.05%
EEFT	C	0.05%
TPG	B	0.05%
SLGN	B	0.05%
LITE	B	0.05%
WSC	C	0.05%
DBX	C	0.05%
AGO	B	0.05%
WTM	B	0.05%
BILL	B	0.05%
LINE	F	0.05%
RYN	D	0.05%
CUZ	B	0.05%
AL	B	0.05%
XRAY	F	0.05%
OZK	B	0.05%
DOCS	B	0.05%
BYD	A	0.05%
CCCS	B	0.05%
KRC	B	0.05%
HXL	D	0.05%
SLM	B	0.05%
OLN	F	0.05%
OGN	F	0.05%
IRDM	C	0.04%
PLNT	B	0.04%
FHB	B	0.04%
TNL	A	0.04%
SPR	F	0.04%
NWS	B	0.04%
LBTYK	D	0.04%
U	D	0.04%
LBTYA	D	0.04%
NXST	C	0.04%
PRGO	D	0.04%
EPR	D	0.04%
ZI	C	0.04%
HIW	B	0.04%
CIVI	D	0.04%
HUN	F	0.04%
NEU	D	0.04%
IAC	C	0.04%
PII	F	0.04%
DXC	C	0.04%
GFS	C	0.04%
NVST	C	0.04%
MSM	C	0.04%
NWL	B	0.04%
DNB	B	0.04%
SMG	D	0.04%
AMTM	C	0.04%
VNOM	B	0.04%
KMPR	A	0.04%
MSGS	B	0.04%
RH	B	0.04%
ACHC	F	0.04%
HOG	F	0.04%
SITE	C	0.04%
AN	D	0.04%
IPGP	C	0.03%
RCM	B	0.03%
CPRI	F	0.03%
ENOV	C	0.03%
RKT	D	0.03%
JWN	C	0.03%
BRKR	F	0.03%
EXP	B	0.03%
HAYW	C	0.03%
MP	B	0.03%
SHC	C	0.03%
CWEN	D	0.03%
HHH	B	0.03%
SPB	C	0.03%
BOKF	B	0.03%
VIRT	A	0.03%
CC	C	0.03%
ALGM	F	0.03%
AGR	C	0.03%
VAC	B	0.03%
CLVT	F	0.03%
WU	F	0.03%
COLM	C	0.03%
CXT	D	0.03%
LOPE	A	0.03%
ZG	B	0.03%
MPW	D	0.03%
LLYVK	B	0.03%
PAG	C	0.03%
AMKR	F	0.03%
COTY	F	0.03%
SEE	C	0.03%
PK	C	0.03%
NSA	D	0.03%
BHF	B	0.03%
CNM	D	0.03%
MASI	B	0.03%
MAN	F	0.03%
AM	B	0.03%
PENN	C	0.03%
AMED	C	0.03%
SNDR	A	0.02%
FTRE	D	0.02%
GO	D	0.02%
ALAB	A	0.02%
LYFT	C	0.02%
REYN	F	0.02%
UA	C	0.02%
LEG	F	0.02%
UAA	C	0.02%
EXEL	B	0.02%
TRIP	D	0.02%
WOLF	F	0.02%
WEN	C	0.02%
VSTS	F	0.02%
INFA	D	0.02%
QS	F	0.02%
BIRK	F	0.02%
PPC	B	0.02%
AZEK	B	0.02%
CRI	F	0.02%
LPX	B	0.02%
CNXC	F	0.02%
QDEL	C	0.02%
SAM	C	0.02%
KSS	F	0.02%
ETSY	D	0.02%
PINC	B	0.02%
ADT	B	0.02%
AAP	F	0.02%
YETI	F	0.02%
AZTA	F	0.02%
LCID	F	0.02%
GLOB	B	0.02%
BROS	B	0.02%
IONS	F	0.01%
PLTK	B	0.01%
CHH	B	0.01%
TXG	F	0.01%
CACC	F	0.01%
TFSL	B	0.01%
UI	B	0.01%
SEB	F	0.01%
DJT	D	0.01%
PATH	D	0.01%
CAR	D	0.01%
LSCC	C	0.01%
CWEN	D	0.01%
PYCR	C	0.01%
MTN	D	0.01%
LBRDA	B	0.01%
AS	B	0.01%
HCP	A	0.01%
CNA	D	0.01%
DV	D	0.01%
FIVE	F	0.01%
FWONA	B	0.01%
LLYVA	B	0.01%
DDS	C	0.01%
HAS	D	0.01%
NCNO	B	0.01%
CERT	D	0.01%
LOAR	B	0.0%
PARAA	C	0.0%
SEG	D	0.0%
UWMC	F	0.0%
NFE	F	0.0%
GRAL	C	0.0%
LAZ	B	0.0%

IWS Underweight 260 Positions Relative to EUSA

Symbol	Grade	Weight
APP	B	-0.31%
GEV	A	-0.27%
VST	B	-0.25%
VRT	A	-0.23%
TPL	B	-0.23%
TEAM	B	-0.23%
FI	B	-0.22%
SNAP	C	-0.22%
CEG	D	-0.22%
APO	B	-0.22%
BX	A	-0.21%
LVS	C	-0.21%
BKNG	B	-0.21%
RBLX	B	-0.21%
LPLA	A	-0.21%
PODD	B	-0.21%
PLTR	A	-0.21%
TOST	B	-0.21%
MA	A	-0.2%
BAH	B	-0.2%
EXPE	B	-0.2%
CPAY	B	-0.2%
LYV	B	-0.2%
ORCL	A	-0.2%
DASH	A	-0.2%
MRVL	B	-0.2%
LULU	D	-0.2%
DOCU	A	-0.2%
IOT	A	-0.19%
ARES	B	-0.19%
T	B	-0.19%
ADSK	A	-0.19%
BLK	B	-0.19%
WELL	B	-0.19%
CRWD	C	-0.19%
AXON	B	-0.19%
MAR	A	-0.19%
WFC	B	-0.19%
ABNB	D	-0.19%
KKR	B	-0.19%
V	B	-0.19%
HUBS	B	-0.19%
TTD	B	-0.19%
COF	B	-0.19%
TRGP	A	-0.19%
MS	B	-0.19%
DELL	C	-0.19%
MET	C	-0.19%
GILD	B	-0.19%
BSX	A	-0.18%
AIG	C	-0.18%
MDB	C	-0.18%
JCI	A	-0.18%
META	B	-0.18%
DT	C	-0.18%
ITW	B	-0.18%
AON	B	-0.18%
PNC	A	-0.18%
AXP	B	-0.18%
TT	A	-0.18%
WMT	A	-0.18%
BAC	B	-0.18%
CMCSA	B	-0.18%
NFLX	A	-0.18%
ADP	A	-0.18%
PH	B	-0.18%
PCAR	B	-0.18%
LOW	B	-0.18%
VEEV	B	-0.18%
PYPL	A	-0.18%
SCHW	B	-0.18%
CSCO	A	-0.18%
USB	B	-0.18%
AMZN	B	-0.18%
INTC	C	-0.18%
CAT	B	-0.18%
GM	B	-0.18%
PM	C	-0.18%
BMY	C	-0.18%
CMG	C	-0.18%
ANET	C	-0.18%
NOW	B	-0.18%
MNST	B	-0.18%
TMUS	A	-0.18%
FLUT	B	-0.18%
TSLA	B	-0.18%
ETN	A	-0.18%
CRH	B	-0.18%
TRV	B	-0.18%
APD	B	-0.18%
CRM	A	-0.18%
TSCO	C	-0.17%
SRE	A	-0.17%
RTX	C	-0.17%
VZ	D	-0.17%
ORLY	B	-0.17%
PINS	D	-0.17%
APH	B	-0.17%
MCD	D	-0.17%
WDAY	C	-0.17%
PGR	B	-0.17%
AVGO	B	-0.17%
TFC	B	-0.17%
GE	C	-0.17%
VRSK	A	-0.17%
WM	B	-0.17%
ACN	C	-0.17%
DKNG	C	-0.17%
CB	D	-0.17%
MANH	C	-0.17%
MELI	D	-0.17%
SO	D	-0.17%
JPM	B	-0.17%
HON	B	-0.17%
NSC	B	-0.17%
UPS	D	-0.17%
FTNT	A	-0.17%
IT	B	-0.17%
CVX	B	-0.17%
CTAS	A	-0.17%
POOL	B	-0.17%
ABBV	B	-0.17%
MDT	C	-0.17%
TGT	F	-0.17%
D	C	-0.17%
ISRG	A	-0.17%
C	B	-0.17%
CARR	D	-0.17%
EMR	B	-0.17%
FCX	C	-0.17%
DIS	C	-0.17%
EQIX	B	-0.17%
ABT	B	-0.17%
CME	B	-0.17%
MSI	A	-0.17%
HD	B	-0.17%
NVDA	B	-0.17%
IBM	D	-0.17%
SYK	A	-0.17%
LII	A	-0.17%
SBUX	B	-0.17%
MO	B	-0.17%
DDOG	C	-0.17%
CLX	B	-0.17%
GS	B	-0.17%
DE	C	-0.17%
NET	C	-0.17%
BRK.A	C	-0.17%
FDX	B	-0.16%
KHC	F	-0.16%
ROL	C	-0.16%
AMT	F	-0.16%
MCO	C	-0.16%
ENTG	F	-0.16%
EQH	B	-0.16%
STZ	F	-0.16%
HCA	D	-0.16%
QCOM	C	-0.16%
WCN	B	-0.16%
COP	C	-0.16%
MCK	B	-0.16%
STX	D	-0.16%
DVA	D	-0.16%
MDLZ	F	-0.16%
MSFT	C	-0.16%
DXCM	D	-0.16%
AAPL	B	-0.16%
PG	D	-0.16%
RSG	B	-0.16%
VRTX	A	-0.16%
F	D	-0.16%
PFE	F	-0.16%
SPGI	D	-0.16%
EW	F	-0.16%
AMGN	C	-0.16%
NEE	D	-0.16%
ICE	D	-0.16%
ROP	B	-0.16%
BSY	F	-0.16%
UNH	B	-0.16%
PSA	D	-0.16%
LMT	D	-0.16%
CPRT	B	-0.16%
PANW	A	-0.16%
ZTS	F	-0.16%
COR	B	-0.16%
GD	B	-0.16%
TEL	B	-0.16%
TJX	C	-0.16%
XOM	B	-0.16%
CSX	B	-0.16%
DUK	D	-0.16%
TXN	A	-0.16%
GDDY	A	-0.16%
ADI	D	-0.16%
NOC	C	-0.16%
CDNS	B	-0.16%
MMC	C	-0.16%
LIN	D	-0.16%
MMM	C	-0.16%
JNJ	D	-0.16%
BDX	F	-0.16%
AEP	D	-0.16%
UBER	F	-0.16%
SHW	B	-0.16%
DECK	B	-0.16%
COST	B	-0.16%
ECL	D	-0.16%
TDG	C	-0.16%
ODFL	B	-0.16%
AMAT	D	-0.15%
ERIE	D	-0.15%
BA	F	-0.15%
SLB	D	-0.15%
AMD	F	-0.15%
PSX	F	-0.15%
PLD	F	-0.15%
DHR	F	-0.15%
TMO	F	-0.15%
VLO	D	-0.15%
CL	F	-0.15%
AZO	D	-0.15%
BURL	C	-0.15%
KDP	F	-0.15%
CI	F	-0.15%
MU	C	-0.15%
INTU	A	-0.15%
NKE	F	-0.15%
ZS	C	-0.15%
SNPS	B	-0.15%
KO	D	-0.15%
PEP	F	-0.15%
KMB	D	-0.15%
UNP	D	-0.15%
NXPI	D	-0.15%
CVS	F	-0.15%
EOG	B	-0.15%
KLAC	F	-0.14%
MPC	F	-0.14%
LRCX	D	-0.14%
IDXX	F	-0.14%
MPWR	F	-0.14%
ADBE	F	-0.14%
LLY	D	-0.14%
SNOW	C	-0.14%
OXY	F	-0.14%
MRK	F	-0.14%
NEM	D	-0.14%
CELH	F	-0.13%
NBIX	C	-0.13%
ENPH	F	-0.12%
EL	F	-0.12%
ELV	F	-0.12%
REGN	F	-0.11%
HEI	C	-0.1%
MRNA	F	-0.1%
GOOGL	B	-0.09%
GOOG	B	-0.08%
SMCI	F	-0.07%
HEI	C	-0.07%