IWS vs. IUSV ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to iShares Core U.S. Vaue ETF (IUSV)

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

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of 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 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$98.83

Average Daily Volume

514,214

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

Performance

Period	IWS	IUSV
30 Days	3.96%	2.09%
60 Days	5.27%	3.98%
90 Days	6.56%	5.42%
12 Months	30.55%	26.18%

475 Overlapping Holdings

	Symbol	Grade	Weight in IWS	Weight in IUSV	Overlap
	A	D	0.41%	0.17%	0.17%
	AA	A	0.12%	0.05%	0.05%
	AAL	B	0.1%	0.04%	0.04%
	ACM	B	0.16%	0.03%	0.03%
	ADC	A	0.08%	0.03%	0.03%
	ADM	D	0.28%	0.11%	0.11%
	AEE	A	0.27%	0.1%	0.1%
	AES	F	0.11%	0.04%	0.04%
	AFG	A	0.11%	0.05%	0.05%
	AFL	B	0.68%	0.24%	0.24%
	AGCO	D	0.06%	0.02%	0.02%
	AIZ	A	0.13%	0.05%	0.05%
	AJG	A	0.65%	0.14%	0.14%
	AKAM	D	0.14%	0.03%	0.03%
	ALB	B	0.13%	0.05%	0.05%
	ALGM	D	0.03%	0.01%	0.01%
	ALGN	D	0.08%	0.03%	0.03%
	ALL	A	0.48%	0.23%	0.23%
	ALLE	C	0.13%	0.03%	0.03%
	ALLY	C	0.1%	0.04%	0.04%
	AM	A	0.04%	0.01%	0.01%
	AMCR	C	0.16%	0.06%	0.06%
	AME	A	0.49%	0.1%	0.1%
	AMED	F	0.03%	0.01%	0.01%
	AMG	B	0.06%	0.02%	0.02%
	AMH	C	0.14%	0.02%	0.02%
	AMKR	D	0.03%	0.01%	0.01%
	AMP	A	0.06%	0.11%	0.06%
	AMTM	D	0.03%	0.01%	0.01%
	AN	C	0.05%	0.02%	0.02%
	ANSS	B	0.32%	0.06%	0.06%
	AOS	F	0.1%	0.01%	0.01%
	APTV	F	0.16%	0.06%	0.06%
	AR	B	0.1%	0.04%	0.04%
	ARE	F	0.2%	0.07%	0.07%
	ARMK	B	0.11%	0.04%	0.04%
	ARW	D	0.07%	0.03%	0.03%
	ASH	F	0.04%	0.02%	0.02%
	ATO	A	0.24%	0.1%	0.1%
	ATR	B	0.12%	0.02%	0.02%
	AVB	B	0.36%	0.14%	0.14%
	AVT	C	0.05%	0.02%	0.02%
	AVTR	F	0.15%	0.04%	0.04%
	AVY	F	0.11%	0.07%	0.07%
	AWK	C	0.29%	0.11%	0.11%
	AYI	B	0.11%	0.02%	0.02%
	AZPN	A	0.07%	0.01%	0.01%
	AZTA	D	0.02%	0.0%	0.0%
	BALL	F	0.21%	0.08%	0.08%
	BAX	F	0.18%	0.07%	0.07%
	BBY	D	0.22%	0.08%	0.08%
	BC	C	0.06%	0.01%	0.01%
	BEN	C	0.07%	0.03%	0.03%
	BERY	C	0.08%	0.03%	0.03%
	BG	D	0.14%	0.05%	0.05%
	BHF	C	0.03%	0.01%	0.01%
	BIIB	F	0.26%	0.11%	0.11%
	BIO	C	0.07%	0.03%	0.03%
	BJ	A	0.13%	0.05%	0.05%
	BK	A	0.64%	0.25%	0.25%
	BKR	A	0.47%	0.19%	0.19%
	BMRN	F	0.13%	0.02%	0.02%
	BR	A	0.03%	0.05%	0.03%
	BRBR	A	0.1%	0.02%	0.02%
	BRKR	D	0.02%	0.01%	0.01%
	BRO	B	0.16%	0.03%	0.03%
	BRX	A	0.1%	0.02%	0.02%
	BWA	D	0.09%	0.03%	0.03%
	BXP	C	0.14%	0.05%	0.05%
	CACI	D	0.11%	0.03%	0.03%
	CAG	F	0.14%	0.06%	0.06%
	CAH	B	0.13%	0.13%	0.13%
	CBOE	C	0.23%	0.03%	0.03%
	CBRE	B	0.44%	0.17%	0.17%
	CBSH	B	0.09%	0.02%	0.02%
	CC	C	0.03%	0.01%	0.01%
	CCI	C	0.5%	0.2%	0.2%
	CCK	D	0.12%	0.02%	0.02%
	CCL	A	0.27%	0.03%	0.03%
	CDW	F	0.13%	0.06%	0.06%
	CF	A	0.18%	0.03%	0.03%
	CFG	B	0.23%	0.09%	0.09%
	CFR	B	0.09%	0.02%	0.02%
	CG	B	0.12%	0.02%	0.02%
	CGNX	D	0.07%	0.02%	0.02%
	CHD	A	0.29%	0.06%	0.06%
	CHE	D	0.08%	0.01%	0.01%
	CHH	A	0.01%	0.01%	0.01%
	CHRW	B	0.14%	0.06%	0.06%
	CHTR	C	0.4%	0.09%	0.09%
	CIEN	C	0.11%	0.03%	0.03%
	CINF	A	0.26%	0.1%	0.1%
	CLF	F	0.04%	0.02%	0.02%
	CMI	A	0.54%	0.22%	0.22%
	CMS	C	0.22%	0.09%	0.09%
	CNC	D	0.33%	0.13%	0.13%
	CNH	C	0.1%	0.04%	0.04%
	CNM	D	0.03%	0.02%	0.02%
	CNP	A	0.21%	0.09%	0.09%
	CNXC	F	0.02%	0.01%	0.01%
	COHR	B	0.14%	0.07%	0.07%
	COLB	B	0.07%	0.03%	0.03%
	COLM	C	0.03%	0.01%	0.01%
	COO	D	0.21%	0.05%	0.05%
	CPB	D	0.09%	0.04%	0.04%
	CPRI	F	0.03%	0.01%	0.01%
	CPT	B	0.14%	0.06%	0.06%
	CRI	F	0.02%	0.01%	0.01%
	CRL	D	0.11%	0.04%	0.04%
	CRUS	D	0.06%	0.01%	0.01%
	CSGP	D	0.32%	0.08%	0.08%
	CTLT	C	0.12%	0.05%	0.05%
	CTRA	B	0.21%	0.03%	0.03%
	CTSH	B	0.42%	0.17%	0.17%
	CTVA	C	0.43%	0.17%	0.17%
	CUBE	C	0.12%	0.02%	0.02%
	CUZ	B	0.05%	0.02%	0.02%
	CW	C	0.15%	0.02%	0.02%
	CXT	C	0.03%	0.01%	0.01%
	CZR	F	0.09%	0.02%	0.02%
	DAL	B	0.45%	0.08%	0.08%
	DAR	C	0.08%	0.03%	0.03%
	DAY	B	0.11%	0.02%	0.02%
	DCI	B	0.1%	0.02%	0.02%
	DD	C	0.38%	0.15%	0.15%
	DFS	B	0.48%	0.09%	0.09%
	DG	F	0.18%	0.07%	0.07%
	DGX	A	0.2%	0.08%	0.08%
	DINO	D	0.07%	0.03%	0.03%
	DKS	D	0.11%	0.02%	0.02%
	DLB	B	0.05%	0.01%	0.01%
	DLR	B	0.64%	0.14%	0.14%
	DLTR	F	0.14%	0.06%	0.06%
	DOC	C	0.16%	0.07%	0.07%
	DOCS	C	0.06%	0.01%	0.01%
	DOV	A	0.3%	0.12%	0.12%
	DOW	F	0.34%	0.14%	0.14%
	DPZ	C	0.11%	0.04%	0.04%
	DRI	B	0.1%	0.04%	0.04%
	DTE	C	0.27%	0.11%	0.11%
	DTM	A	0.11%	0.02%	0.02%
	DVN	F	0.27%	0.11%	0.11%
	EA	A	0.47%	0.1%	0.1%
	EBAY	D	0.34%	0.13%	0.13%
	ED	C	0.37%	0.14%	0.14%
	EEFT	B	0.05%	0.01%	0.01%
	EFX	F	0.27%	0.09%	0.09%
	EG	C	0.15%	0.07%	0.07%
	EGP	D	0.09%	0.01%	0.01%
	EHC	B	0.11%	0.02%	0.02%
	EIX	B	0.35%	0.14%	0.14%
	ELS	C	0.14%	0.02%	0.02%
	EMN	C	0.13%	0.05%	0.05%
	ENOV	C	0.03%	0.01%	0.01%
	EPAM	B	0.13%	0.04%	0.04%
	EPR	C	0.04%	0.01%	0.01%
	EQR	C	0.31%	0.11%	0.11%
	EQT	B	0.26%	0.11%	0.11%
	ES	C	0.24%	0.1%	0.1%
	ESS	B	0.21%	0.08%	0.08%
	ETR	B	0.35%	0.14%	0.14%
	EVR	B	0.12%	0.01%	0.01%
	EVRG	A	0.16%	0.06%	0.06%
	EWBC	A	0.16%	0.03%	0.03%
	EXC	C	0.43%	0.17%	0.17%
	EXE	A	0.24%	0.09%	0.09%
	EXPD	C	0.16%	0.05%	0.05%
	EXR	C	0.38%	0.15%	0.15%
	FAF	A	0.07%	0.03%	0.03%
	FAST	B	0.08%	0.1%	0.08%
	FBIN	D	0.1%	0.02%	0.02%
	FDS	B	0.13%	0.04%	0.04%
	FE	C	0.26%	0.09%	0.09%
	FFIV	B	0.15%	0.06%	0.06%
	FHN	A	0.12%	0.05%	0.05%
	FIS	C	0.54%	0.21%	0.21%
	FITB	B	0.35%	0.14%	0.14%
	FLO	D	0.04%	0.02%	0.02%
	FLS	B	0.09%	0.02%	0.02%
	FMC	D	0.07%	0.03%	0.03%
	FNB	A	0.06%	0.03%	0.03%
	FNF	B	0.18%	0.07%	0.07%
	FOX	A	0.06%	0.03%	0.03%
	FOXA	A	0.12%	0.05%	0.05%
	FR	D	0.08%	0.02%	0.02%
	FRT	B	0.1%	0.04%	0.04%
	FSLR	F	0.22%	0.09%	0.09%
	FYBR	C	0.09%	0.03%	0.03%
	G	B	0.09%	0.03%	0.03%
	GAP	C	0.05%	0.02%	0.02%
	GEHC	D	0.37%	0.17%	0.17%
	GEN	B	0.18%	0.07%	0.07%
	GIS	D	0.39%	0.16%	0.16%
	GL	C	0.11%	0.04%	0.04%
	GLPI	C	0.14%	0.03%	0.03%
	GLW	B	0.39%	0.16%	0.16%
	GME	C	0.11%	0.05%	0.05%
	GMED	A	0.1%	0.04%	0.04%
	GNRC	C	0.06%	0.02%	0.02%
	GNTX	C	0.08%	0.01%	0.01%
	GPC	D	0.19%	0.08%	0.08%
	GPK	C	0.09%	0.04%	0.04%
	GPN	B	0.33%	0.13%	0.13%
	GRMN	B	0.36%	0.07%	0.07%
	GWW	B	0.07%	0.06%	0.06%
	GXO	B	0.08%	0.01%	0.01%
	HAL	C	0.29%	0.12%	0.12%
	HAS	D	0.01%	0.04%	0.01%
	HBAN	A	0.28%	0.11%	0.11%
	HIG	B	0.38%	0.15%	0.15%
	HII	F	0.08%	0.03%	0.03%
	HOG	D	0.04%	0.02%	0.02%
	HOLX	D	0.2%	0.08%	0.08%
	HPE	B	0.3%	0.12%	0.12%
	HPQ	B	0.3%	0.16%	0.16%
	HR	B	0.07%	0.03%	0.03%
	HRL	D	0.09%	0.04%	0.04%
	HSIC	C	0.1%	0.04%	0.04%
	HST	C	0.13%	0.02%	0.02%
	HSY	F	0.24%	0.07%	0.07%
	HUBB	B	0.26%	0.06%	0.06%
	HUM	C	0.37%	0.15%	0.15%
	HWM	A	0.47%	0.09%	0.09%
	HXL	F	0.05%	0.01%	0.01%
	IBKR	A	0.21%	0.03%	0.03%
	IDA	A	0.07%	0.02%	0.02%
	IEX	C	0.19%	0.08%	0.08%
	IFF	D	0.24%	0.1%	0.1%
	ILMN	C	0.24%	0.1%	0.1%
	INCY	C	0.13%	0.05%	0.05%
	INGR	C	0.1%	0.03%	0.03%
	INVH	D	0.23%	0.08%	0.08%
	IP	A	0.22%	0.09%	0.09%
	IPG	D	0.11%	0.05%	0.05%
	IPGP	D	0.02%	0.01%	0.01%
	IQV	F	0.34%	0.09%	0.09%
	IR	B	0.45%	0.04%	0.04%
	IRDM	D	0.03%	0.01%	0.01%
	IRM	C	0.16%	0.07%	0.07%
	IVZ	B	0.07%	0.03%	0.03%
	J	D	0.19%	0.08%	0.08%
	JAZZ	B	0.08%	0.02%	0.02%
	JBHT	C	0.16%	0.06%	0.06%
	JBL	C	0.14%	0.03%	0.03%
	JEF	A	0.1%	0.05%	0.05%
	JHG	B	0.06%	0.03%	0.03%
	JKHY	D	0.14%	0.06%	0.06%
	JLL	D	0.09%	0.05%	0.05%
	JNPR	D	0.13%	0.06%	0.06%
	JWN	D	0.03%	0.01%	0.01%
	K	A	0.23%	0.09%	0.09%
	KBR	F	0.08%	0.02%	0.02%
	KD	B	0.07%	0.03%	0.03%
	KEX	B	0.08%	0.02%	0.02%
	KEY	B	0.2%	0.08%	0.08%
	KEYS	A	0.29%	0.12%	0.12%
	KIM	A	0.18%	0.07%	0.07%
	KMI	A	0.58%	0.23%	0.23%
	KMPR	A	0.05%	0.02%	0.02%
	KMX	B	0.13%	0.05%	0.05%
	KNX	C	0.1%	0.04%	0.04%
	KR	B	0.42%	0.17%	0.17%
	KRC	B	0.05%	0.02%	0.02%
	KVUE	A	0.5%	0.2%	0.2%
	L	A	0.17%	0.07%	0.07%
	LAD	A	0.11%	0.04%	0.04%
	LAMR	C	0.09%	0.02%	0.02%
	LDOS	C	0.24%	0.1%	0.1%
	LEA	F	0.06%	0.02%	0.02%
	LEN	D	0.44%	0.08%	0.08%
	LEN	D	0.02%	0.08%	0.02%
	LFUS	D	0.06%	0.01%	0.01%
	LH	B	0.22%	0.09%	0.09%
	LHX	C	0.51%	0.21%	0.21%
	LITE	B	0.06%	0.03%	0.03%
	LKQ	F	0.11%	0.04%	0.04%
	LNT	A	0.17%	0.07%	0.07%
	LPX	B	0.02%	0.01%	0.01%
	LSTR	D	0.07%	0.01%	0.01%
	LUV	C	0.21%	0.08%	0.08%
	LW	C	0.08%	0.02%	0.02%
	LYB	F	0.24%	0.09%	0.09%
	M	F	0.05%	0.02%	0.02%
	MAA	B	0.2%	0.08%	0.08%
	MAN	F	0.03%	0.01%	0.01%
	MAS	D	0.19%	0.03%	0.03%
	MASI	B	0.04%	0.01%	0.01%
	MAT	D	0.07%	0.02%	0.02%
	MCHP	F	0.37%	0.06%	0.06%
	MGM	D	0.1%	0.01%	0.01%
	MHK	D	0.08%	0.03%	0.03%
	MIDD	C	0.08%	0.02%	0.02%
	MKC	C	0.21%	0.08%	0.08%
	MKSI	C	0.07%	0.02%	0.02%
	MKTX	D	0.11%	0.04%	0.04%
	MLM	C	0.37%	0.05%	0.05%
	MOH	F	0.07%	0.03%	0.03%
	MOS	F	0.09%	0.04%	0.04%
	MRO	B	0.18%	0.03%	0.03%
	MSCI	C	0.21%	0.09%	0.09%
	MSM	C	0.04%	0.01%	0.01%
	MTB	A	0.39%	0.16%	0.16%
	MTCH	D	0.09%	0.04%	0.04%
	MTD	F	0.27%	0.07%	0.07%
	MTG	C	0.07%	0.02%	0.02%
	MTN	C	0.01%	0.01%	0.01%
	MTSI	B	0.08%	0.01%	0.01%
	MTZ	B	0.09%	0.04%	0.04%
	NDAQ	A	0.36%	0.14%	0.14%
	NDSN	B	0.16%	0.06%	0.06%
	NFG	A	0.06%	0.02%	0.02%
	NI	A	0.18%	0.07%	0.07%
	NLY	C	0.11%	0.04%	0.04%
	NNN	C	0.08%	0.02%	0.02%
	NOV	C	0.07%	0.03%	0.03%
	NRG	B	0.12%	0.08%	0.08%
	NSA	C	0.03%	0.01%	0.01%
	NTAP	C	0.15%	0.07%	0.07%
	NTRS	A	0.24%	0.09%	0.09%
	NUE	C	0.39%	0.06%	0.06%
	NVST	B	0.04%	0.01%	0.01%
	NWS	A	0.04%	0.02%	0.02%
	NWSA	A	0.12%	0.05%	0.05%
	NXST	C	0.03%	0.02%	0.02%
	O	C	0.54%	0.21%	0.21%
	OGE	A	0.09%	0.04%	0.04%
	OHI	C	0.11%	0.03%	0.03%
	OKE	A	0.7%	0.1%	0.1%
	OLN	F	0.05%	0.01%	0.01%
	OMC	C	0.21%	0.09%	0.09%
	ON	D	0.31%	0.07%	0.07%
	ORI	A	0.1%	0.04%	0.04%
	OSK	C	0.08%	0.03%	0.03%
	OTIS	C	0.44%	0.11%	0.11%
	OZK	B	0.06%	0.01%	0.01%
	PAG	B	0.03%	0.01%	0.01%
	PARA	C	0.07%	0.03%	0.03%
	PAYC	B	0.05%	0.03%	0.03%
	PAYX	B	0.32%	0.12%	0.12%
	PB	B	0.08%	0.03%	0.03%
	PCG	A	0.49%	0.2%	0.2%
	PEG	A	0.49%	0.19%	0.19%
	PFG	D	0.22%	0.08%	0.08%
	PFGC	B	0.12%	0.06%	0.06%
	PII	F	0.04%	0.02%	0.02%
	PKG	A	0.23%	0.09%	0.09%
	PNFP	B	0.1%	0.02%	0.02%
	PNR	A	0.19%	0.02%	0.02%
	PNW	A	0.11%	0.04%	0.04%
	POST	C	0.06%	0.02%	0.02%
	PPC	C	0.02%	0.01%	0.01%
	PPG	F	0.32%	0.13%	0.13%
	PPL	A	0.27%	0.11%	0.11%
	PRGO	C	0.04%	0.02%	0.02%
	PRU	A	0.5%	0.2%	0.2%
	PSN	D	0.05%	0.01%	0.01%
	PTC	B	0.1%	0.04%	0.04%
	PVH	C	0.06%	0.03%	0.03%
	PWR	A	0.36%	0.06%	0.06%
	QRVO	F	0.07%	0.03%	0.03%
	R	B	0.08%	0.03%	0.03%
	RCM	A	0.02%	0.01%	0.01%
	REG	A	0.15%	0.05%	0.05%
	REXR	F	0.1%	0.02%	0.02%
	RF	A	0.27%	0.11%	0.11%
	RGA	A	0.17%	0.07%	0.07%
	RGLD	C	0.1%	0.02%	0.02%
	RH	C	0.04%	0.01%	0.01%
	RJF	A	0.33%	0.13%	0.13%
	RL	C	0.09%	0.02%	0.02%
	RLI	A	0.08%	0.01%	0.01%
	RMD	C	0.27%	0.15%	0.15%
	RNR	C	0.15%	0.03%	0.03%
	ROIV	C	0.05%	0.01%	0.01%
	ROK	C	0.33%	0.07%	0.07%
	RPM	A	0.15%	0.03%	0.03%
	RRX	B	0.12%	0.05%	0.05%
	RVTY	F	0.15%	0.06%	0.06%
	RYN	D	0.05%	0.01%	0.01%
	SAIC	F	0.07%	0.02%	0.02%
	SAM	C	0.02%	0.01%	0.01%
	SBAC	D	0.26%	0.06%	0.06%
	SCI	B	0.13%	0.03%	0.03%
	SEIC	B	0.09%	0.02%	0.02%
	SF	B	0.13%	0.05%	0.05%
	SJM	D	0.12%	0.05%	0.05%
	SLGN	A	0.05%	0.02%	0.02%
	SLM	A	0.06%	0.01%	0.01%
	SMG	C	0.04%	0.01%	0.01%
	SNA	A	0.2%	0.05%	0.05%
	SNV	C	0.09%	0.04%	0.04%
	SNX	D	0.1%	0.04%	0.04%
	SOLV	D	0.1%	0.04%	0.04%
	SON	F	0.05%	0.02%	0.02%
	SPG	A	0.48%	0.15%	0.15%
	ST	F	0.05%	0.02%	0.02%
	STAG	D	0.07%	0.01%	0.01%
	STE	D	0.24%	0.04%	0.04%
	STLD	B	0.23%	0.03%	0.03%
	STT	B	0.32%	0.12%	0.12%
	STWD	C	0.07%	0.03%	0.03%
	SW	A	0.29%	0.11%	0.11%
	SWK	D	0.14%	0.06%	0.06%
	SWKS	F	0.15%	0.06%	0.06%
	SYF	B	0.28%	0.11%	0.11%
	SYY	D	0.16%	0.16%	0.16%
	TAP	C	0.12%	0.05%	0.05%
	TDY	B	0.24%	0.1%	0.1%
	TECH	F	0.12%	0.05%	0.05%
	TER	F	0.02%	0.08%	0.02%
	TFX	F	0.1%	0.04%	0.04%
	THC	D	0.16%	0.07%	0.07%
	THG	A	0.06%	0.03%	0.03%
	THO	B	0.06%	0.03%	0.03%
	TKO	A	0.09%	0.02%	0.02%
	TKR	D	0.05%	0.01%	0.01%
	TNL	A	0.04%	0.01%	0.01%
	TPR	B	0.14%	0.06%	0.06%
	TRMB	B	0.19%	0.08%	0.08%
	TROW	B	0.29%	0.12%	0.12%
	TSN	B	0.2%	0.08%	0.08%
	TTC	C	0.09%	0.02%	0.02%
	TTWO	A	0.34%	0.06%	0.06%
	TXT	D	0.17%	0.07%	0.07%
	UA	C	0.02%	0.01%	0.01%
	UAA	C	0.02%	0.01%	0.01%
	UAL	A	0.33%	0.13%	0.13%
	UDR	B	0.16%	0.06%	0.06%
	UGI	C	0.06%	0.02%	0.02%
	UHS	D	0.13%	0.05%	0.05%
	ULTA	F	0.03%	0.03%	0.03%
	UNM	A	0.15%	0.04%	0.04%
	USFD	A	0.16%	0.07%	0.07%
	UTHR	C	0.17%	0.04%	0.04%
	VAC	C	0.03%	0.01%	0.01%
	VICI	C	0.36%	0.14%	0.14%
	VLTO	C	0.15%	0.11%	0.11%
	VMC	B	0.3%	0.06%	0.06%
	VMI	B	0.07%	0.03%	0.03%
	VNO	C	0.08%	0.03%	0.03%
	VNOM	A	0.04%	0.01%	0.01%
	VOYA	B	0.09%	0.02%	0.02%
	VRSN	C	0.16%	0.04%	0.04%
	VTR	B	0.28%	0.11%	0.11%
	VTRS	A	0.17%	0.07%	0.07%
	WAB	B	0.38%	0.15%	0.15%
	WAL	B	0.11%	0.02%	0.02%
	WAT	C	0.09%	0.06%	0.06%
	WBA	F	0.07%	0.03%	0.03%
	WBD	B	0.25%	0.1%	0.1%
	WBS	A	0.11%	0.04%	0.04%
	WCC	B	0.1%	0.04%	0.04%
	WDC	D	0.23%	0.09%	0.09%
	WEC	A	0.34%	0.13%	0.13%
	WEN	D	0.02%	0.01%	0.01%
	WH	B	0.07%	0.01%	0.01%
	WHR	B	0.07%	0.03%	0.03%
	WMB	A	0.76%	0.18%	0.18%
	WPC	C	0.13%	0.05%	0.05%
	WRB	A	0.2%	0.08%	0.08%
	WTFC	A	0.09%	0.04%	0.04%
	WTRG	B	0.11%	0.02%	0.02%
	WTW	B	0.35%	0.14%	0.14%
	WU	F	0.03%	0.01%	0.01%
	WY	F	0.25%	0.1%	0.1%
	X	B	0.09%	0.04%	0.04%
	XEL	A	0.43%	0.17%	0.17%
	XRAY	F	0.04%	0.02%	0.02%
	XYL	D	0.32%	0.13%	0.13%
	YETI	D	0.03%	0.01%	0.01%
	YUM	D	0.26%	0.09%	0.09%
	ZBH	C	0.25%	0.1%	0.1%
	ZBRA	B	0.17%	0.09%	0.09%
	ZI	D	0.03%	0.01%	0.01%
	ZION	B	0.1%	0.04%	0.04%

IWS Overweight 232 Positions Relative to IUSV

	Symbol	Grade	Weight
	MSTR	B	0.55%
	DHI	F	0.53%
	URI	C	0.46%
	FERG	B	0.42%
	ACGL	C	0.4%
	ROST	D	0.39%
	RCL	A	0.39%
	FANG	C	0.37%
	HLT	A	0.33%
	SQ	A	0.3%
	FTV	C	0.29%
	FCNCA	A	0.29%
	PHM	D	0.29%
	NVR	D	0.28%
	LNG	A	0.26%
	ZM	C	0.24%
	HOOD	B	0.24%
	BLDR	D	0.21%
	RS	B	0.2%
	WSO	A	0.2%
	CVNA	B	0.19%
	TRU	D	0.19%
	CSL	C	0.19%
	OC	A	0.18%
	MKL	A	0.18%
	SUI	C	0.17%
	TOL	B	0.17%
	SSNC	B	0.17%
	HES	B	0.16%
	GGG	B	0.16%
	TWLO	A	0.15%
	EME	A	0.15%
	ITT	A	0.14%
	CLH	C	0.14%
	AFRM	A	0.14%
	OVV	B	0.13%
	Z	A	0.13%
	SOFI	B	0.13%
	FTI	A	0.13%
	NVT	B	0.13%
	NTNX	B	0.13%
	CASY	A	0.13%
	FWONK	A	0.12%
	DOX	D	0.11%
	COIN	C	0.11%
	RPRX	D	0.11%
	BLD	D	0.11%
	ALSN	B	0.11%
	WWD	C	0.11%
	PRI	B	0.11%
	TTEK	F	0.1%
	GWRE	A	0.1%
	HLI	A	0.1%
	RBC	A	0.1%
	AXTA	B	0.1%
	WST	C	0.1%
	TW	A	0.1%
	BWXT	B	0.1%
	CMA	B	0.1%
	ACI	C	0.09%
	CHRD	D	0.09%
	RRC	B	0.09%
	APG	B	0.09%
	APA	D	0.09%
	LECO	C	0.09%
	FICO	B	0.09%
	RIVN	F	0.09%
	NYT	D	0.09%
	CR	A	0.09%
	WYNN	C	0.09%
	ELAN	D	0.08%
	FCN	F	0.08%
	FND	D	0.08%
	SSD	F	0.08%
	ATI	C	0.08%
	ESAB	C	0.08%
	AGNC	C	0.08%
	VFC	C	0.08%
	BBWI	C	0.08%
	CART	C	0.08%
	SKX	D	0.08%
	COKE	C	0.08%
	LBRDK	C	0.08%
	RHI	C	0.08%
	ROKU	D	0.08%
	PR	B	0.08%
	LNC	C	0.07%
	VNT	C	0.07%
	RGEN	D	0.07%
	CE	F	0.07%
	S	B	0.07%
	BPOP	C	0.07%
	COLD	D	0.07%
	OMF	A	0.07%
	MTDR	B	0.07%
	SIRI	C	0.07%
	MSA	F	0.07%
	ESI	B	0.07%
	BILL	A	0.07%
	OKTA	C	0.07%
	WEX	D	0.07%
	HRB	D	0.07%
	AXS	A	0.07%
	ALK	B	0.07%
	WSM	C	0.07%
	BYD	B	0.06%
	AL	B	0.06%
	BFAM	D	0.06%
	CCCS	B	0.06%
	SN	D	0.06%
	EXAS	D	0.06%
	RITM	C	0.06%
	OLLI	D	0.06%
	H	B	0.06%
	WMS	F	0.06%
	SAIA	B	0.06%
	ONTO	F	0.06%
	GTES	A	0.05%
	TPG	A	0.05%
	WLK	D	0.05%
	AWI	A	0.05%
	WSC	F	0.05%
	DBX	B	0.05%
	AGO	B	0.05%
	CROX	D	0.05%
	FRPT	A	0.05%
	WTM	A	0.05%
	HUN	F	0.04%
	ZG	A	0.04%
	ALNY	D	0.04%
	HIW	C	0.04%
	ACHC	F	0.04%
	FHB	B	0.04%
	UHAL	D	0.04%
	IAC	F	0.04%
	W	D	0.04%
	NWL	C	0.04%
	CIVI	D	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%
	OLED	F	0.04%
	TYL	B	0.04%
	OGN	F	0.04%
	LINE	F	0.04%
	SITE	F	0.04%
	GFS	C	0.04%
	HAYW	B	0.03%
	CWEN	C	0.03%
	PINC	B	0.03%
	SPB	C	0.03%
	EXP	B	0.03%
	MP	C	0.03%
	HHH	B	0.03%
	MPW	F	0.03%
	AGR	A	0.03%
	BOKF	B	0.03%
	COTY	F	0.03%
	SEE	C	0.03%
	VIRT	A	0.03%
	ECG	C	0.03%
	U	C	0.03%
	PK	C	0.03%
	SNRE	D	0.03%
	LLYVK	A	0.03%
	BROS	A	0.03%
	SPR	D	0.03%
	LOPE	C	0.03%
	PENN	C	0.03%
	TRIP	F	0.02%
	SNDR	B	0.02%
	REYN	D	0.02%
	LEG	F	0.02%
	FTRE	D	0.02%
	EXEL	B	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%
	PSTG	D	0.02%
	RKT	F	0.02%
	AZEK	A	0.02%
	LCID	F	0.02%
	ETSY	D	0.02%
	LBTYK	A	0.02%
	INFA	D	0.02%
	KSS	F	0.02%
	QDEL	F	0.02%
	LYFT	C	0.02%
	LBTYA	F	0.02%
	GLOB	B	0.02%
	SHC	F	0.02%
	ADT	C	0.02%
	AAP	D	0.02%
	TXG	F	0.01%
	PLTK	B	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%
	CAR	C	0.01%
	CNA	C	0.01%
	LBRDA	C	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%
	UHAL	D	0.0%
	GRAL	B	0.0%
	LAZ	B	0.0%
	IONS	F	0.0%

IWS Underweight 254 Positions Relative to IUSV

	Symbol	Grade	Weight
	BRK.A	B	-3.74%
	JPM	A	-3.01%
	XOM	B	-2.34%
	JNJ	C	-1.6%
	WMT	A	-1.6%
	UNH	B	-1.48%
	BAC	A	-1.35%
	CVX	A	-1.2%
	HD	B	-1.11%
	WFC	A	-1.08%
	PG	C	-1.05%
	COST	A	-1.04%
	CSCO	B	-1.02%
	DIS	B	-0.87%
	ABT	B	-0.87%
	IBM	C	-0.84%
	ABBV	F	-0.83%
	GS	A	-0.81%
	V	A	-0.77%
	VZ	C	-0.75%
	CMCSA	B	-0.73%
	MS	A	-0.72%
	AMGN	F	-0.7%
	T	A	-0.7%
	RTX	D	-0.69%
	NEE	C	-0.68%
	LOW	C	-0.67%
	DHR	F	-0.67%
	HON	C	-0.66%
	KO	D	-0.65%
	MRK	D	-0.65%
	BLK	B	-0.64%
	PFE	F	-0.64%
	PEP	F	-0.63%
	C	A	-0.57%
	PM	B	-0.55%
	TMO	F	-0.55%
	MA	B	-0.53%
	TXN	C	-0.52%
	BMY	B	-0.52%
	SCHW	B	-0.52%
	MCD	D	-0.52%
	TMUS	B	-0.51%
	LMT	D	-0.5%
	GILD	C	-0.5%
	MU	D	-0.48%
	GE	D	-0.48%
	MDT	D	-0.48%
	INTC	C	-0.47%
	CB	C	-0.47%
	ACN	B	-0.46%
	LIN	C	-0.46%
	PLD	F	-0.46%
	UPS	C	-0.42%
	ELV	F	-0.41%
	MO	A	-0.41%
	SO	C	-0.41%
	CI	D	-0.4%
	SPGI	C	-0.4%
	ICE	C	-0.39%
	QCOM	F	-0.38%
	PYPL	B	-0.38%
	DUK	C	-0.37%
	PNC	B	-0.36%
	MCK	A	-0.35%
	WELL	A	-0.34%
	USB	A	-0.34%
	CAT	B	-0.34%
	UNP	C	-0.34%
	ADP	A	-0.33%
	GD	D	-0.33%
	PGR	A	-0.33%
	MMM	D	-0.32%
	EMR	B	-0.32%
	COF	C	-0.31%
	APD	A	-0.31%
	TGT	F	-0.31%
	NOC	D	-0.3%
	CVS	D	-0.3%
	BDX	F	-0.29%
	FDX	B	-0.29%
	GM	C	-0.28%
	ISRG	A	-0.28%
	SLB	C	-0.27%
	TFC	A	-0.27%
	TRV	B	-0.26%
	FI	A	-0.26%
	NSC	B	-0.26%
	BA	F	-0.25%
	JCI	B	-0.25%
	SRE	A	-0.25%
	BSX	A	-0.25%
	PSX	C	-0.24%
	ETN	A	-0.24%
	NKE	F	-0.23%
	MMC	B	-0.23%
	AMT	C	-0.23%
	AEP	C	-0.22%
	MDLZ	F	-0.22%
	GEV	B	-0.22%
	CME	B	-0.22%
	D	C	-0.21%
	SYK	B	-0.21%
	TJX	A	-0.21%
	AXP	A	-0.21%
	MET	A	-0.21%
	AIG	B	-0.21%
	VLO	C	-0.2%
	VRTX	D	-0.2%
	SHW	B	-0.2%
	EQIX	A	-0.2%
	CL	D	-0.2%
	SBUX	A	-0.2%
	NEM	D	-0.2%
	COR	B	-0.19%
	WM	B	-0.19%
	ADI	D	-0.19%
	F	C	-0.19%
	DE	B	-0.19%
	KMB	C	-0.19%
	COP	C	-0.18%
	STZ	D	-0.17%
	APH	A	-0.17%
	CEG	C	-0.17%
	ITW	B	-0.17%
	MCO	B	-0.17%
	AON	A	-0.17%
	ZTS	D	-0.16%
	BX	A	-0.16%
	KDP	F	-0.16%
	REGN	F	-0.15%
	HCA	F	-0.15%
	CTAS	B	-0.15%
	OXY	D	-0.15%
	CSX	C	-0.15%
	ROP	B	-0.15%
	MSI	B	-0.15%
	FCX	F	-0.14%
	ADSK	A	-0.14%
	CARR	C	-0.14%
	TT	A	-0.13%
	ABNB	C	-0.13%
	PSA	C	-0.13%
	ECL	D	-0.13%
	KHC	F	-0.12%
	TEL	B	-0.12%
	EW	C	-0.11%
	EOG	A	-0.11%
	MPC	D	-0.1%
	PH	A	-0.09%
	CLX	A	-0.09%
	TSCO	D	-0.08%
	DELL	B	-0.08%
	RSG	A	-0.08%
	VRSK	A	-0.08%
	ORLY	B	-0.08%
	EL	F	-0.07%
	IDXX	F	-0.07%
	MNST	C	-0.07%
	PCAR	B	-0.07%
	DOCU	B	-0.07%
	AZO	C	-0.07%
	MRNA	F	-0.06%
	NXPI	D	-0.06%
	PODD	C	-0.05%
	DXCM	C	-0.05%
	STX	C	-0.05%
	SSB	B	-0.04%
	SFM	A	-0.04%
	TPL	A	-0.04%
	FLR	B	-0.04%
	XPO	B	-0.04%
	KRG	B	-0.03%
	POOL	C	-0.03%
	ESNT	F	-0.03%
	GBCI	B	-0.03%
	LVS	B	-0.03%
	BURL	B	-0.03%
	CMC	B	-0.03%
	ONB	C	-0.03%
	TMHC	C	-0.03%
	ROL	B	-0.03%
	CYTK	F	-0.02%
	GATX	A	-0.02%
	ALE	A	-0.02%
	SR	A	-0.02%
	HQY	A	-0.02%
	ASB	B	-0.02%
	ASGN	F	-0.02%
	TXNM	A	-0.02%
	CNO	B	-0.02%
	TCBI	C	-0.02%
	ORA	B	-0.02%
	ERIE	D	-0.02%
	OGS	A	-0.02%
	SBRA	C	-0.02%
	BKH	A	-0.02%
	SWX	B	-0.02%
	AVNT	B	-0.02%
	IRT	A	-0.02%
	VLY	B	-0.02%
	POR	C	-0.02%
	NJR	A	-0.02%
	BDC	C	-0.02%
	UMBF	B	-0.02%
	ENPH	F	-0.02%
	UBSI	B	-0.02%
	HOMB	A	-0.02%
	HGV	C	-0.01%
	MMS	F	-0.01%
	NSP	F	-0.01%
	BLKB	B	-0.01%
	VC	F	-0.01%
	KNF	B	-0.01%
	TEX	F	-0.01%
	GEF	A	-0.01%
	SYNA	C	-0.01%
	POWI	F	-0.01%
	OPCH	D	-0.01%
	LIVN	F	-0.01%
	HAE	C	-0.01%
	VSH	F	-0.01%
	CADE	B	-0.01%
	LANC	C	-0.01%
	CHX	C	-0.01%
	CBT	D	-0.01%
	SRPT	F	-0.01%
	CDP	C	-0.01%
	ALTM	B	-0.01%
	EQH	C	-0.01%
	IBOC	B	-0.01%
	ENS	F	-0.01%
	EXPO	D	-0.01%
	HWC	B	-0.01%
	NOVT	D	-0.01%
	CHWY	B	-0.01%
	GT	C	-0.01%
	MUR	D	-0.01%
	SIGI	C	-0.01%
	KBH	D	-0.01%
	NEOG	F	-0.01%
	ALV	C	-0.01%
	PCH	F	-0.01%
	PBF	D	-0.01%
	CVLT	B	-0.01%
	FFIN	B	-0.01%
	GHC	B	-0.01%
	EXLS	B	-0.01%
	DVA	C	-0.01%
	FLG	D	-0.01%
	NWE	B	-0.01%
	FHI	B	-0.01%
	MAGN	D	-0.0%
	WMG	D	-0.0%

IWS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Utilities - Regulated Electric Oil & Gas E&P Diagnostics & Research Asset Management Packaged Foods Packaging & Containers Specialty Retail Biotechnology Business Services Software - Infrastructure Information Technology Services REIT - Residential Semiconductors Specialty Chemicals Capital Markets Insurance - Property & Casualty Building Materials

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Insurance Nasdaq 100 Bank Banking Electronics Computing Aerospace Chemical Electricity Mining Telecommunications Insurance Products Semiconductor Beverage Biotechnology Oil And Gas Plastic

IUSV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Packaged Foods Semiconductors Packaging & Containers Software - Application Specialty Chemicals Capital Markets Medical Instruments & Supplies Specialty Retail Biotechnology Insurance - Property & Casualty Oil & Gas E&P Information Technology Services Medical Devices REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Real Estate Investment Trust Banking Electricity Chemical Electronics Aerospace Mining Medicine Computing Telecommunications Dow Jones Component Insurance Products Semiconductor Beverage Plastic