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

$137.38

Average Daily Volume

277,468

Number of Holdings ^*

707

* 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

$100.25

Average Daily Volume

44,797

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	IWS	EUSA
30 Days	3.96%	4.09%
60 Days	5.27%	6.02%
90 Days	6.56%	7.80%
12 Months	30.55%	30.83%

333 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in EUSA	Overlap
A	D	0.41%	0.14%	0.14%
ACGL	C	0.4%	0.15%	0.15%
ACI	C	0.09%	0.15%	0.09%
ACM	B	0.16%	0.18%	0.16%
ADM	D	0.28%	0.14%	0.14%
AEE	A	0.27%	0.18%	0.18%
AES	F	0.11%	0.12%	0.11%
AFG	A	0.11%	0.17%	0.11%
AFL	B	0.68%	0.18%	0.18%
AIZ	A	0.13%	0.2%	0.13%
AJG	A	0.65%	0.16%	0.16%
AKAM	D	0.14%	0.13%	0.13%
ALB	B	0.13%	0.2%	0.13%
ALGN	D	0.08%	0.15%	0.08%
ALL	A	0.48%	0.17%	0.17%
ALLE	C	0.13%	0.16%	0.13%
ALLY	C	0.1%	0.14%	0.1%
ALNY	D	0.04%	0.13%	0.04%
AMCR	C	0.16%	0.14%	0.14%
AME	A	0.49%	0.18%	0.18%
AMH	C	0.14%	0.15%	0.14%
AMP	A	0.06%	0.2%	0.06%
ANSS	B	0.32%	0.16%	0.16%
AOS	F	0.1%	0.14%	0.1%
APA	D	0.09%	0.12%	0.09%
APTV	F	0.16%	0.12%	0.12%
ARE	F	0.2%	0.14%	0.14%
ATO	A	0.24%	0.18%	0.18%
AVB	B	0.36%	0.17%	0.17%
AVTR	F	0.15%	0.12%	0.12%
AVY	F	0.11%	0.15%	0.11%
AWK	C	0.29%	0.15%	0.15%
AZPN	A	0.07%	0.18%	0.07%
BALL	F	0.21%	0.15%	0.15%
BAX	F	0.18%	0.14%	0.14%
BBWI	C	0.08%	0.15%	0.08%
BBY	D	0.22%	0.16%	0.16%
BEN	C	0.07%	0.15%	0.07%
BG	D	0.14%	0.15%	0.14%
BIIB	F	0.26%	0.12%	0.12%
BIO	C	0.07%	0.16%	0.07%
BK	A	0.64%	0.19%	0.19%
BKR	A	0.47%	0.2%	0.2%
BLDR	D	0.21%	0.17%	0.17%
BMRN	F	0.13%	0.1%	0.1%
BR	A	0.03%	0.17%	0.03%
BRO	B	0.16%	0.17%	0.16%
BXP	C	0.14%	0.18%	0.14%
CAG	F	0.14%	0.14%	0.14%
CAH	B	0.13%	0.17%	0.13%
CBOE	C	0.23%	0.16%	0.16%
CBRE	B	0.44%	0.19%	0.19%
CCI	C	0.5%	0.15%	0.15%
CCK	D	0.12%	0.16%	0.12%
CCL	A	0.27%	0.26%	0.26%
CDW	F	0.13%	0.12%	0.12%
CE	F	0.07%	0.09%	0.07%
CF	A	0.18%	0.17%	0.17%
CFG	B	0.23%	0.18%	0.18%
CG	B	0.12%	0.2%	0.12%
CHD	A	0.29%	0.17%	0.17%
CHRD	D	0.09%	0.14%	0.09%
CHRW	B	0.14%	0.17%	0.14%
CHTR	C	0.4%	0.17%	0.17%
CINF	A	0.26%	0.19%	0.19%
CMI	A	0.54%	0.19%	0.19%
CMS	C	0.22%	0.16%	0.16%
CNC	D	0.33%	0.12%	0.12%
CNH	C	0.1%	0.18%	0.1%
CNP	A	0.21%	0.19%	0.19%
COIN	C	0.11%	0.26%	0.11%
COO	D	0.21%	0.16%	0.16%
CPB	D	0.09%	0.14%	0.09%
CPT	B	0.14%	0.16%	0.14%
CRL	D	0.11%	0.14%	0.11%
CSGP	D	0.32%	0.15%	0.15%
CSL	C	0.19%	0.17%	0.17%
CTLT	C	0.12%	0.16%	0.12%
CTRA	B	0.21%	0.17%	0.17%
CTSH	B	0.42%	0.16%	0.16%
CTVA	C	0.43%	0.17%	0.17%
DAL	B	0.45%	0.26%	0.26%
DAY	B	0.11%	0.21%	0.11%
DD	C	0.38%	0.16%	0.16%
DFS	B	0.48%	0.2%	0.2%
DG	F	0.18%	0.1%	0.1%
DGX	A	0.2%	0.17%	0.17%
DHI	F	0.53%	0.14%	0.14%
DINO	D	0.07%	0.14%	0.07%
DKS	D	0.11%	0.14%	0.11%
DLR	B	0.64%	0.2%	0.2%
DLTR	F	0.14%	0.1%	0.1%
DOC	C	0.16%	0.16%	0.16%
DOV	A	0.3%	0.17%	0.17%
DOW	F	0.34%	0.13%	0.13%
DPZ	C	0.11%	0.16%	0.11%
DRI	B	0.1%	0.16%	0.1%
DTE	C	0.27%	0.16%	0.16%
DVN	F	0.27%	0.14%	0.14%
EA	A	0.47%	0.18%	0.18%
EBAY	D	0.34%	0.17%	0.17%
ED	C	0.37%	0.15%	0.15%
EFX	F	0.27%	0.13%	0.13%
EG	C	0.15%	0.16%	0.15%
EIX	B	0.35%	0.16%	0.16%
ELS	C	0.14%	0.16%	0.14%
EME	A	0.15%	0.22%	0.15%
EMN	C	0.13%	0.16%	0.13%
EPAM	B	0.13%	0.18%	0.13%
EQR	C	0.31%	0.16%	0.16%
EQT	B	0.26%	0.21%	0.21%
ES	C	0.24%	0.15%	0.15%
ESS	B	0.21%	0.16%	0.16%
ETR	B	0.35%	0.2%	0.2%
EVRG	A	0.16%	0.17%	0.16%
EXAS	D	0.06%	0.14%	0.06%
EXC	C	0.43%	0.16%	0.16%
EXE	A	0.24%	0.21%	0.21%
EXPD	C	0.16%	0.15%	0.15%
EXR	C	0.38%	0.15%	0.15%
FANG	C	0.37%	0.15%	0.15%
FAST	B	0.08%	0.19%	0.08%
FBIN	D	0.1%	0.15%	0.1%
FCNCA	A	0.29%	0.18%	0.18%
FDS	B	0.13%	0.18%	0.13%
FE	C	0.26%	0.15%	0.15%
FERG	B	0.42%	0.15%	0.15%
FFIV	B	0.15%	0.19%	0.15%
FICO	B	0.09%	0.2%	0.09%
FIS	C	0.54%	0.18%	0.18%
FITB	B	0.35%	0.18%	0.18%
FNF	B	0.18%	0.17%	0.17%
FOX	A	0.06%	0.06%	0.06%
FOXA	A	0.12%	0.12%	0.12%
FSLR	F	0.22%	0.13%	0.13%
FTV	C	0.29%	0.16%	0.16%
FWONK	A	0.12%	0.16%	0.12%
GEHC	D	0.37%	0.16%	0.16%
GEN	B	0.18%	0.18%	0.18%
GGG	B	0.16%	0.17%	0.16%
GIS	D	0.39%	0.14%	0.14%
GLPI	C	0.14%	0.16%	0.14%
GLW	B	0.39%	0.18%	0.18%
GPC	D	0.19%	0.14%	0.14%
GPN	B	0.33%	0.17%	0.17%
GRMN	B	0.36%	0.19%	0.19%
GWW	B	0.07%	0.19%	0.07%
H	B	0.06%	0.17%	0.06%
HAL	C	0.29%	0.16%	0.16%
HBAN	A	0.28%	0.21%	0.21%
HES	B	0.16%	0.17%	0.16%
HIG	B	0.38%	0.18%	0.18%
HII	F	0.08%	0.11%	0.08%
HLT	A	0.33%	0.19%	0.19%
HOLX	D	0.2%	0.15%	0.15%
HOOD	B	0.24%	0.28%	0.24%
HPE	B	0.3%	0.18%	0.18%
HPQ	B	0.3%	0.17%	0.17%
HRL	D	0.09%	0.14%	0.09%
HSIC	C	0.1%	0.17%	0.1%
HST	C	0.13%	0.17%	0.13%
HSY	F	0.24%	0.13%	0.13%
HUBB	B	0.26%	0.19%	0.19%
HUM	C	0.37%	0.12%	0.12%
HWM	A	0.47%	0.19%	0.19%
IEX	C	0.19%	0.18%	0.18%
IFF	D	0.24%	0.14%	0.14%
ILMN	C	0.24%	0.16%	0.16%
INCY	C	0.13%	0.17%	0.13%
INVH	D	0.23%	0.15%	0.15%
IP	A	0.22%	0.19%	0.19%
IPG	D	0.11%	0.14%	0.11%
IQV	F	0.34%	0.12%	0.12%
IR	B	0.45%	0.18%	0.18%
IRM	C	0.16%	0.17%	0.16%
J	D	0.19%	0.14%	0.14%
JBHT	C	0.16%	0.16%	0.16%
JBL	C	0.14%	0.19%	0.14%
JKHY	D	0.14%	0.18%	0.14%
JNPR	D	0.13%	0.14%	0.13%
K	A	0.23%	0.16%	0.16%
KEY	B	0.2%	0.18%	0.18%
KEYS	A	0.29%	0.17%	0.17%
KIM	A	0.18%	0.18%	0.18%
KMI	A	0.58%	0.21%	0.21%
KMX	B	0.13%	0.15%	0.13%
KNX	C	0.1%	0.17%	0.1%
KR	B	0.42%	0.18%	0.18%
KVUE	A	0.5%	0.17%	0.17%
L	A	0.17%	0.17%	0.17%
LDOS	C	0.24%	0.16%	0.16%
LEN	D	0.02%	0.15%	0.02%
LEN	D	0.44%	0.15%	0.15%
LH	B	0.22%	0.16%	0.16%
LHX	C	0.51%	0.17%	0.17%
LKQ	F	0.11%	0.14%	0.11%
LNG	A	0.26%	0.19%	0.19%
LNT	A	0.17%	0.17%	0.17%
LUV	C	0.21%	0.19%	0.19%
LW	C	0.08%	0.19%	0.08%
LYB	F	0.24%	0.13%	0.13%
MAA	B	0.2%	0.16%	0.16%
MAS	D	0.19%	0.16%	0.16%
MCHP	F	0.37%	0.13%	0.13%
MGM	D	0.1%	0.15%	0.1%
MKC	C	0.21%	0.15%	0.15%
MKL	A	0.18%	0.17%	0.17%
MKTX	D	0.11%	0.18%	0.11%
MLM	C	0.37%	0.17%	0.17%
MOH	F	0.07%	0.13%	0.07%
MOS	F	0.09%	0.15%	0.09%
MRO	B	0.18%	0.16%	0.16%
MSCI	C	0.21%	0.17%	0.17%
MSTR	B	0.55%	0.51%	0.51%
MTB	A	0.39%	0.21%	0.21%
MTCH	D	0.09%	0.13%	0.09%
MTD	F	0.27%	0.13%	0.13%
NDAQ	A	0.36%	0.18%	0.18%
NDSN	B	0.16%	0.16%	0.16%
NI	A	0.18%	0.18%	0.18%
NLY	C	0.11%	0.16%	0.11%
NRG	B	0.12%	0.18%	0.12%
NTAP	C	0.15%	0.15%	0.15%
NTRS	A	0.24%	0.2%	0.2%
NUE	C	0.39%	0.16%	0.16%
NVR	D	0.28%	0.16%	0.16%
NWSA	A	0.12%	0.17%	0.12%
O	C	0.54%	0.15%	0.15%
OC	A	0.18%	0.19%	0.18%
OKE	A	0.7%	0.2%	0.2%
OKTA	C	0.07%	0.12%	0.07%
OMC	C	0.21%	0.16%	0.16%
ON	D	0.31%	0.14%	0.14%
OTIS	C	0.44%	0.17%	0.17%
OVV	B	0.13%	0.17%	0.13%
PARA	C	0.07%	0.15%	0.07%
PAYC	B	0.05%	0.21%	0.05%
PAYX	B	0.32%	0.18%	0.18%
PCG	A	0.49%	0.18%	0.18%
PEG	A	0.49%	0.18%	0.18%
PFG	D	0.22%	0.17%	0.17%
PHM	D	0.29%	0.16%	0.16%
PKG	A	0.23%	0.19%	0.19%
PNR	A	0.19%	0.2%	0.19%
PPG	F	0.32%	0.15%	0.15%
PPL	A	0.27%	0.17%	0.17%
PRU	A	0.5%	0.19%	0.19%
PSTG	D	0.02%	0.13%	0.02%
PTC	B	0.1%	0.17%	0.1%
PWR	A	0.36%	0.2%	0.2%
QRVO	F	0.07%	0.09%	0.07%
RCL	A	0.39%	0.23%	0.23%
REG	A	0.15%	0.17%	0.15%
RF	A	0.27%	0.19%	0.19%
RIVN	F	0.09%	0.12%	0.09%
RJF	A	0.33%	0.22%	0.22%
RMD	C	0.27%	0.17%	0.17%
ROK	C	0.33%	0.17%	0.17%
ROKU	D	0.08%	0.19%	0.08%
ROST	D	0.39%	0.15%	0.15%
RPM	A	0.15%	0.18%	0.15%
RPRX	D	0.11%	0.15%	0.11%
RS	B	0.2%	0.17%	0.17%
RVTY	F	0.15%	0.14%	0.14%
SBAC	D	0.26%	0.16%	0.16%
SEIC	B	0.09%	0.19%	0.09%
SJM	D	0.12%	0.15%	0.12%
SNA	A	0.2%	0.2%	0.2%
SOLV	D	0.1%	0.18%	0.1%
SPG	A	0.48%	0.18%	0.18%
SQ	A	0.3%	0.23%	0.23%
SSNC	B	0.17%	0.16%	0.16%
STE	D	0.24%	0.14%	0.14%
STLD	B	0.23%	0.19%	0.19%
STT	B	0.32%	0.18%	0.18%
SUI	C	0.17%	0.15%	0.15%
SW	A	0.29%	0.19%	0.19%
SWK	D	0.14%	0.14%	0.14%
SWKS	F	0.15%	0.12%	0.12%
SYF	B	0.28%	0.22%	0.22%
SYY	D	0.16%	0.15%	0.15%
TAP	C	0.12%	0.18%	0.12%
TDY	B	0.24%	0.18%	0.18%
TECH	F	0.12%	0.14%	0.12%
TER	F	0.02%	0.12%	0.02%
TFX	F	0.1%	0.13%	0.1%
TRMB	B	0.19%	0.2%	0.19%
TROW	B	0.29%	0.17%	0.17%
TRU	D	0.19%	0.16%	0.16%
TSN	B	0.2%	0.16%	0.16%
TTC	C	0.09%	0.14%	0.09%
TTWO	A	0.34%	0.19%	0.19%
TW	A	0.1%	0.18%	0.1%
TWLO	A	0.15%	0.25%	0.15%
TXT	D	0.17%	0.15%	0.15%
TYL	B	0.04%	0.16%	0.04%
UDR	B	0.16%	0.17%	0.16%
UHAL	D	0.0%	0.14%	0.0%
UHAL	D	0.04%	0.14%	0.04%
UHS	D	0.13%	0.14%	0.13%
ULTA	F	0.03%	0.14%	0.03%
URI	C	0.46%	0.18%	0.18%
UTHR	C	0.17%	0.16%	0.16%
VICI	C	0.36%	0.16%	0.16%
VLTO	C	0.15%	0.15%	0.15%
VMC	B	0.3%	0.18%	0.18%
VRSN	C	0.16%	0.16%	0.16%
VTR	B	0.28%	0.17%	0.17%
VTRS	A	0.17%	0.18%	0.17%
WAB	B	0.38%	0.19%	0.19%
WAT	C	0.09%	0.16%	0.09%
WBA	F	0.07%	0.12%	0.07%
WBD	B	0.25%	0.19%	0.19%
WDC	D	0.23%	0.16%	0.16%
WEC	A	0.34%	0.17%	0.17%
WLK	D	0.05%	0.14%	0.05%
WMB	A	0.76%	0.21%	0.21%
WPC	C	0.13%	0.15%	0.13%
WRB	A	0.2%	0.17%	0.17%
WSM	C	0.07%	0.16%	0.07%
WSO	A	0.2%	0.18%	0.18%
WST	C	0.1%	0.16%	0.1%
WTRG	B	0.11%	0.16%	0.11%
WTW	B	0.35%	0.17%	0.17%
WY	F	0.25%	0.16%	0.16%
WYNN	C	0.09%	0.19%	0.09%
XEL	A	0.43%	0.18%	0.18%
XYL	D	0.32%	0.14%	0.14%
YUM	D	0.26%	0.15%	0.15%
Z	A	0.13%	0.22%	0.13%
ZBH	C	0.25%	0.16%	0.16%
ZBRA	B	0.17%	0.18%	0.17%
ZM	C	0.24%	0.21%	0.21%

IWS Overweight 374 Positions Relative to EUSA

Symbol	Grade	Weight
UAL	A	0.33%
IBKR	A	0.21%
CVNA	B	0.19%
RGA	A	0.17%
TOL	B	0.17%
EWBC	A	0.16%
USFD	A	0.16%
THC	D	0.16%
RNR	C	0.15%
UNM	A	0.15%
CW	C	0.15%
ITT	A	0.14%
COHR	B	0.14%
CLH	C	0.14%
AFRM	A	0.14%
TPR	B	0.14%
SF	B	0.13%
BJ	A	0.13%
SOFI	B	0.13%
SCI	B	0.13%
FTI	A	0.13%
NVT	B	0.13%
NTNX	B	0.13%
CASY	A	0.13%
EVR	B	0.12%
CUBE	C	0.12%
PFGC	B	0.12%
ATR	B	0.12%
AA	A	0.12%
FHN	A	0.12%
RRX	B	0.12%
DOX	D	0.11%
CIEN	C	0.11%
GL	C	0.11%
WAL	B	0.11%
EHC	B	0.11%
ARMK	B	0.11%
DTM	A	0.11%
OHI	C	0.11%
GME	C	0.11%
AYI	B	0.11%
BLD	D	0.11%
LAD	A	0.11%
ALSN	B	0.11%
WWD	C	0.11%
WBS	A	0.11%
PRI	B	0.11%
CACI	D	0.11%
PNW	A	0.11%
TTEK	F	0.1%
ZION	B	0.1%
GWRE	A	0.1%
BRX	A	0.1%
SNX	D	0.1%
HLI	A	0.1%
AAL	B	0.1%
AR	B	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	B	0.1%
REXR	F	0.1%
GMED	A	0.1%
RGLD	C	0.1%
BWXT	B	0.1%
DCI	B	0.1%
CMA	B	0.1%
INGR	C	0.1%
JEF	A	0.1%
FRT	B	0.1%
ORI	A	0.1%
BRBR	A	0.1%
PNFP	B	0.1%
FLS	B	0.09%
BWA	D	0.09%
G	B	0.09%
RRC	B	0.09%
CZR	F	0.09%
SNV	C	0.09%
X	B	0.09%
APG	B	0.09%
TKO	A	0.09%
LECO	C	0.09%
CFR	B	0.09%
VOYA	B	0.09%
LAMR	C	0.09%
EGP	D	0.09%
RL	C	0.09%
GPK	C	0.09%
NYT	D	0.09%
CR	A	0.09%
MTZ	B	0.09%
JLL	D	0.09%
FYBR	C	0.09%
CBSH	B	0.09%
OGE	A	0.09%
WTFC	A	0.09%
RLI	A	0.08%
DAR	C	0.08%
ELAN	D	0.08%
FCN	F	0.08%
MTSI	B	0.08%
GXO	B	0.08%
FND	D	0.08%
R	B	0.08%
SSD	F	0.08%
FR	D	0.08%
ATI	C	0.08%
ESAB	C	0.08%
GNTX	C	0.08%
AGNC	C	0.08%
OSK	C	0.08%
VFC	C	0.08%
VNO	C	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%
KEX	B	0.08%
RHI	C	0.08%
PB	B	0.08%
CHE	D	0.08%
ADC	A	0.08%
JAZZ	B	0.08%
PR	B	0.08%
BERY	C	0.08%
NNN	C	0.08%
LNC	C	0.07%
WHR	B	0.07%
VNT	C	0.07%
IDA	A	0.07%
RGEN	D	0.07%
S	B	0.07%
STWD	C	0.07%
ARW	D	0.07%
BPOP	C	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	F	0.07%
ESI	B	0.07%
KD	B	0.07%
MTG	C	0.07%
IVZ	B	0.07%
CGNX	D	0.07%
LSTR	D	0.07%
BILL	A	0.07%
COLB	B	0.07%
FAF	A	0.07%
STAG	D	0.07%
MKSI	C	0.07%
HR	B	0.07%
WEX	D	0.07%
HRB	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	B	0.07%
WH	B	0.07%
FMC	D	0.07%
BYD	B	0.06%
UGI	C	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	F	0.06%
CRUS	D	0.06%
BC	C	0.06%
GNRC	C	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%
PVH	C	0.06%
WMS	F	0.06%
SAIA	B	0.06%
ONTO	F	0.06%
JHG	B	0.06%
THG	A	0.06%
AMG	B	0.06%
LFUS	D	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%
M	F	0.05%
GAP	C	0.05%
KMPR	A	0.05%
EEFT	B	0.05%
SLGN	A	0.05%
RYN	D	0.05%
AWI	A	0.05%
PSN	D	0.05%
WSC	F	0.05%
DBX	B	0.05%
KRC	B	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	A	0.05%
HXL	F	0.05%
OLN	F	0.05%
WTM	A	0.05%
TKR	D	0.05%
SON	F	0.05%
SMG	C	0.04%
HUN	F	0.04%
AM	A	0.04%
ZG	A	0.04%
EPR	C	0.04%
HIW	C	0.04%
MASI	B	0.04%
ACHC	F	0.04%
FHB	B	0.04%
IAC	F	0.04%
PII	F	0.04%
NVST	B	0.04%
CLF	F	0.04%
W	D	0.04%
NWS	A	0.04%
TNL	A	0.04%
NWL	C	0.04%
VNOM	A	0.04%
PRGO	C	0.04%
CIVI	D	0.04%
XRAY	F	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	D	0.04%
MSGS	A	0.04%
DXC	B	0.04%
PLNT	A	0.04%
RH	C	0.04%
OLED	F	0.04%
MSM	C	0.04%
OGN	F	0.04%
ASH	F	0.04%
LINE	F	0.04%
SITE	F	0.04%
HOG	D	0.04%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	D	0.03%
CWEN	C	0.03%
YETI	D	0.03%
PINC	B	0.03%
ALGM	D	0.03%
CPRI	F	0.03%
SPB	C	0.03%
EXP	B	0.03%
MP	C	0.03%
ENOV	C	0.03%
HHH	B	0.03%
MPW	F	0.03%
AGR	A	0.03%
CC	C	0.03%
BOKF	B	0.03%
WU	F	0.03%
COTY	F	0.03%
CXT	C	0.03%
COLM	C	0.03%
CNM	D	0.03%
SEE	C	0.03%
VIRT	A	0.03%
ECG	C	0.03%
U	C	0.03%
AMED	F	0.03%
AMKR	D	0.03%
MAN	F	0.03%
NSA	C	0.03%
PAG	B	0.03%
PK	C	0.03%
IRDM	D	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
BROS	A	0.03%
NXST	C	0.03%
SPR	D	0.03%
AMTM	D	0.03%
BHF	C	0.03%
LOPE	C	0.03%
VAC	C	0.03%
PENN	C	0.03%
ZI	D	0.03%
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	D	0.02%
GO	C	0.02%
BIRK	D	0.02%
ALAB	B	0.02%
VSTS	C	0.02%
CNXC	F	0.02%
CRI	F	0.02%
UAA	C	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	F	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	D	0.02%
RCM	A	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	B	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	C	0.01%
LBRDA	C	0.01%
HAS	D	0.01%
FWONA	A	0.01%
PYCR	B	0.01%
AS	A	0.01%
CERT	F	0.01%
DV	C	0.01%
LLYVA	A	0.01%
NCNO	C	0.01%
DDS	B	0.01%
LOAR	B	0.0%
PARAA	B	0.0%
UWMC	D	0.0%
SEG	B	0.0%
NFE	D	0.0%
GRAL	B	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 260 Positions Relative to EUSA

Symbol	Grade	Weight
APP	B	-0.58%
PLTR	B	-0.31%
VST	A	-0.31%
GEV	B	-0.29%
VRT	B	-0.29%
TOST	B	-0.28%
TPL	A	-0.27%
APO	B	-0.26%
AXON	A	-0.26%
TSLA	B	-0.25%
TEAM	A	-0.25%
LPLA	A	-0.23%
TRGP	A	-0.23%
LYV	A	-0.22%
BX	A	-0.22%
DASH	B	-0.22%
DOCU	B	-0.22%
FI	A	-0.22%
HUBS	A	-0.22%
PODD	C	-0.22%
WFC	A	-0.21%
BKNG	A	-0.21%
CRWD	B	-0.21%
EXPE	B	-0.21%
MS	A	-0.21%
CPAY	A	-0.21%
ORCL	A	-0.21%
CRM	B	-0.2%
DKNG	B	-0.2%
DIS	B	-0.2%
V	A	-0.2%
MET	A	-0.2%
NFLX	A	-0.2%
EMR	B	-0.2%
FLUT	A	-0.2%
IOT	A	-0.2%
RBLX	C	-0.2%
KKR	A	-0.2%
COF	C	-0.2%
MRVL	B	-0.2%
NET	B	-0.19%
WELL	A	-0.19%
PH	A	-0.19%
BLK	B	-0.19%
PNC	B	-0.19%
JCI	B	-0.19%
TRV	B	-0.19%
TT	A	-0.19%
PYPL	B	-0.19%
BMY	B	-0.19%
GS	A	-0.19%
ARES	A	-0.19%
FTNT	C	-0.19%
APD	A	-0.19%
GM	C	-0.19%
LVS	B	-0.19%
BAC	A	-0.19%
ADSK	A	-0.19%
NOW	A	-0.19%
MA	B	-0.19%
ETN	A	-0.19%
DELL	B	-0.19%
CEG	C	-0.19%
MAR	A	-0.19%
SCHW	B	-0.19%
ISRG	A	-0.18%
ABNB	C	-0.18%
CAT	B	-0.18%
CMG	B	-0.18%
DECK	A	-0.18%
ADP	A	-0.18%
AON	A	-0.18%
SYK	B	-0.18%
MCK	A	-0.18%
CSCO	B	-0.18%
JPM	A	-0.18%
HON	C	-0.18%
C	A	-0.18%
AXP	A	-0.18%
MSI	B	-0.18%
MDB	B	-0.18%
GDDY	A	-0.18%
AMZN	C	-0.18%
WMT	A	-0.18%
MNST	C	-0.18%
NVDA	B	-0.18%
DDOG	A	-0.18%
SRE	A	-0.18%
INTC	C	-0.18%
BSX	A	-0.18%
LULU	C	-0.18%
PCAR	B	-0.18%
GILD	C	-0.18%
USB	A	-0.18%
T	A	-0.18%
TMUS	B	-0.18%
TTD	B	-0.18%
CRH	A	-0.18%
CB	C	-0.17%
F	C	-0.17%
MANH	D	-0.17%
PANW	B	-0.17%
TJX	A	-0.17%
GE	D	-0.17%
CMCSA	B	-0.17%
CDNS	B	-0.17%
EOG	A	-0.17%
SBUX	A	-0.17%
ORLY	B	-0.17%
ODFL	C	-0.17%
AIG	B	-0.17%
APH	A	-0.17%
META	D	-0.17%
COST	A	-0.17%
DE	B	-0.17%
DVA	C	-0.17%
PGR	A	-0.17%
IT	C	-0.17%
ANET	C	-0.17%
IBM	C	-0.17%
NSC	B	-0.17%
VEEV	C	-0.17%
LOW	C	-0.17%
CPRT	B	-0.17%
CARR	C	-0.17%
TGT	F	-0.17%
CVX	A	-0.17%
CME	B	-0.17%
ITW	B	-0.17%
LII	A	-0.17%
CLX	A	-0.17%
HD	B	-0.17%
EQIX	A	-0.17%
PM	B	-0.17%
MO	A	-0.17%
CTAS	B	-0.17%
SNAP	D	-0.17%
WDAY	B	-0.17%
BRK.A	B	-0.17%
TFC	A	-0.17%
STZ	D	-0.16%
MDT	D	-0.16%
ROP	B	-0.16%
SNOW	B	-0.16%
AAPL	C	-0.16%
PSX	C	-0.16%
UNH	B	-0.16%
AEP	C	-0.16%
ROL	B	-0.16%
ICE	C	-0.16%
AVGO	D	-0.16%
DUK	C	-0.16%
PG	C	-0.16%
MCD	D	-0.16%
MMC	B	-0.16%
ECL	D	-0.16%
COP	C	-0.16%
MMM	D	-0.16%
SPGI	C	-0.16%
EW	C	-0.16%
PSA	C	-0.16%
VLO	C	-0.16%
RTX	D	-0.16%
FDX	B	-0.16%
COR	B	-0.16%
WCN	A	-0.16%
D	C	-0.16%
FCX	F	-0.16%
XOM	B	-0.16%
DXCM	C	-0.16%
SO	C	-0.16%
VZ	C	-0.16%
DT	D	-0.16%
CSX	C	-0.16%
RSG	A	-0.16%
UPS	C	-0.16%
TSCO	D	-0.16%
BURL	B	-0.16%
ZS	B	-0.16%
POOL	C	-0.16%
VRSK	A	-0.16%
WM	B	-0.16%
SHW	B	-0.16%
ABT	B	-0.16%
ACN	B	-0.16%
VRTX	D	-0.15%
PLD	F	-0.15%
MPC	D	-0.15%
ADI	D	-0.15%
PINS	F	-0.15%
UNP	C	-0.15%
CVS	D	-0.15%
BSY	F	-0.15%
CI	D	-0.15%
KMB	C	-0.15%
UBER	F	-0.15%
BDX	F	-0.15%
GD	D	-0.15%
ZTS	D	-0.15%
STX	C	-0.15%
QCOM	F	-0.15%
JNJ	C	-0.15%
AZO	C	-0.15%
LMT	D	-0.15%
SNPS	B	-0.15%
MELI	C	-0.15%
INTU	B	-0.15%
NOC	D	-0.15%
TDG	D	-0.15%
LIN	C	-0.15%
TEL	B	-0.15%
NEE	C	-0.15%
TXN	C	-0.15%
MCO	B	-0.15%
EQH	C	-0.15%
MSFT	D	-0.15%
SLB	C	-0.15%
KHC	F	-0.14%
PFE	F	-0.14%
NXPI	D	-0.14%
NKE	F	-0.14%
PEP	F	-0.14%
KDP	F	-0.14%
ENTG	D	-0.14%
ADBE	C	-0.14%
AMD	F	-0.14%
OXY	D	-0.14%
ERIE	D	-0.14%
HCA	F	-0.14%
KO	D	-0.14%
MDLZ	F	-0.14%
AMT	C	-0.14%
BAH	F	-0.14%
MU	D	-0.14%
CL	D	-0.14%
NBIX	C	-0.13%
AMAT	F	-0.13%
TMO	F	-0.13%
MRK	D	-0.13%
IDXX	F	-0.13%
NEM	D	-0.13%
BA	F	-0.13%
DHR	F	-0.13%
AMGN	F	-0.13%
ABBV	F	-0.13%
KLAC	F	-0.12%
LLY	F	-0.12%
LRCX	F	-0.12%
CELH	F	-0.11%
HEI	A	-0.11%
EL	F	-0.11%
ELV	F	-0.11%
REGN	F	-0.1%
MPWR	F	-0.1%
GOOGL	C	-0.09%
HEI	A	-0.08%
ENPH	F	-0.08%
GOOG	C	-0.08%
MRNA	F	-0.07%
SMCI	F	-0.07%