IWS vs. JVAL ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to JPMorgan U.S. Value Factor ETF (JVAL)

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

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$43.50

Average Daily Volume

153,094

Number of Holdings ^*

359

* may have additional holdings in another (foreign) market

Performance

Period	IWS	JVAL
30 Days	4.17%	3.26%
60 Days	5.63%	3.82%
90 Days	9.18%	6.56%
12 Months	24.67%	25.74%

277 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in JVAL	Overlap
AAP	F	0.03%	0.08%	0.03%
ACI	F	0.09%	0.17%	0.09%
ADM	D	0.34%	0.26%	0.26%
AGCO	D	0.07%	0.18%	0.07%
AGNC	B	0.08%	0.13%	0.08%
AGO	C	0.05%	0.18%	0.05%
AGR	B	0.03%	0.11%	0.03%
AKAM	D	0.17%	0.22%	0.17%
ALGM	F	0.02%	0.08%	0.02%
ALLY	F	0.09%	0.2%	0.09%
ALSN	B	0.09%	0.26%	0.09%
AMCR	B	0.18%	0.27%	0.18%
AN	D	0.05%	0.19%	0.05%
ANSS	D	0.32%	0.18%	0.18%
APTV	D	0.21%	0.15%	0.15%
ARMK	B	0.11%	0.14%	0.11%
ARW	C	0.08%	0.21%	0.08%
AVT	C	0.05%	0.2%	0.05%
AXS	B	0.07%	0.15%	0.07%
AYI	B	0.09%	0.16%	0.09%
BAX	C	0.23%	0.16%	0.16%
BBWI	F	0.07%	0.11%	0.07%
BBY	C	0.24%	0.28%	0.24%
BC	C	0.06%	0.2%	0.06%
BEN	F	0.07%	0.14%	0.07%
BERY	B	0.09%	0.21%	0.09%
BG	D	0.16%	0.13%	0.13%
BK	B	0.59%	0.41%	0.41%
BLDR	C	0.23%	0.26%	0.23%
BOKF	B	0.03%	0.09%	0.03%
BPOP	C	0.07%	0.25%	0.07%
BRX	B	0.1%	0.01%	0.01%
BWA	D	0.08%	0.15%	0.08%
BYD	C	0.05%	0.16%	0.05%
CACC	F	0.01%	0.14%	0.01%
CACI	B	0.12%	0.25%	0.12%
CAG	C	0.18%	0.28%	0.18%
CCK	A	0.12%	0.26%	0.12%
CDW	D	0.17%	0.28%	0.17%
CE	F	0.12%	0.04%	0.04%
CF	C	0.17%	0.05%	0.05%
CFG	C	0.21%	0.3%	0.21%
CHK	D	0.11%	0.19%	0.11%
CIVI	F	0.04%	0.1%	0.04%
CLF	F	0.04%	0.02%	0.02%
CLVT	D	0.03%	0.18%	0.03%
CMA	B	0.09%	0.2%	0.09%
CMI	C	0.47%	0.36%	0.36%
CNC	D	0.46%	0.25%	0.25%
CNH	D	0.1%	0.2%	0.1%
CNXC	F	0.04%	0.2%	0.04%
COHR	C	0.12%	0.2%	0.12%
COLB	B	0.06%	0.15%	0.06%
COLM	C	0.03%	0.11%	0.03%
CPB	C	0.11%	0.23%	0.11%
CPRI	D	0.05%	0.11%	0.05%
CR	C	0.09%	0.01%	0.01%
CRI	D	0.03%	0.19%	0.03%
CROX	D	0.07%	0.14%	0.07%
CRUS	D	0.08%	0.23%	0.08%
CTRA	D	0.19%	0.22%	0.19%
CTSH	C	0.44%	0.34%	0.34%
CUZ	B	0.05%	0.12%	0.05%
CWEN	C	0.03%	0.1%	0.03%
CWEN	C	0.01%	0.1%	0.01%
CZR	C	0.1%	0.1%	0.1%
DAL	C	0.33%	0.21%	0.21%
DAY	D	0.09%	0.14%	0.09%
DBX	D	0.05%	0.22%	0.05%
DD	B	0.39%	0.31%	0.31%
DGX	B	0.2%	0.27%	0.2%
DHI	B	0.66%	0.45%	0.45%
DINO	F	0.08%	0.18%	0.08%
DKS	D	0.13%	0.23%	0.13%
DLB	D	0.05%	0.18%	0.05%
DNB	C	0.04%	0.24%	0.04%
DOV	B	0.29%	0.28%	0.28%
DOW	D	0.4%	0.27%	0.27%
DOX	C	0.11%	0.23%	0.11%
DRI	B	0.1%	0.24%	0.1%
DV	F	0.01%	0.1%	0.01%
DVN	F	0.28%	0.08%	0.08%
DXC	C	0.04%	0.17%	0.04%
EBAY	B	0.37%	0.34%	0.34%
ED	C	0.41%	0.36%	0.36%
EHC	C	0.11%	0.15%	0.11%
EPAM	F	0.12%	0.17%	0.12%
EPR	B	0.04%	0.23%	0.04%
EQR	B	0.34%	0.03%	0.03%
ETR	B	0.31%	0.31%	0.31%
EVRG	B	0.16%	0.27%	0.16%
EXC	C	0.46%	0.11%	0.11%
FAF	B	0.08%	0.22%	0.08%
FANG	D	0.35%	0.06%	0.06%
FFIV	B	0.14%	0.25%	0.14%
FHB	D	0.03%	0.12%	0.03%
FHN	D	0.1%	0.15%	0.1%
FIS	B	0.54%	0.13%	0.13%
FITB	B	0.33%	0.3%	0.3%
FMC	C	0.09%	0.13%	0.09%
FNB	C	0.06%	0.19%	0.06%
FOXA	B	0.11%	0.26%	0.11%
FTRE	D	0.02%	0.06%	0.02%
G	C	0.08%	0.12%	0.08%
GAP	F	0.05%	0.16%	0.05%
GFS	F	0.04%	0.15%	0.04%
GIS	B	0.48%	0.36%	0.36%
GLOB	D	0.02%	0.15%	0.02%
GLPI	C	0.16%	0.13%	0.13%
GLW	C	0.37%	0.33%	0.33%
GNTX	F	0.08%	0.18%	0.08%
GPC	D	0.22%	0.22%	0.22%
GPK	B	0.1%	0.24%	0.1%
GRMN	D	0.31%	0.32%	0.31%
GTES	C	0.04%	0.08%	0.04%
HBAN	B	0.24%	0.26%	0.24%
HII	D	0.12%	0.22%	0.12%
HIW	B	0.04%	0.25%	0.04%
HOG	C	0.05%	0.22%	0.05%
HPE	D	0.25%	0.22%	0.22%
HPQ	D	0.28%	0.3%	0.28%
HRB	C	0.08%	0.27%	0.08%
HSIC	C	0.1%	0.07%	0.07%
HST	C	0.14%	0.08%	0.08%
HUM	F	0.44%	0.27%	0.27%
HUN	D	0.04%	0.03%	0.03%
IAC	C	0.04%	0.11%	0.04%
INFA	D	0.02%	0.05%	0.02%
INGR	B	0.1%	0.16%	0.1%
IP	B	0.19%	0.24%	0.19%
IPG	C	0.13%	0.19%	0.13%
IPGP	F	0.02%	0.12%	0.02%
IVZ	B	0.07%	0.17%	0.07%
JAZZ	D	0.08%	0.09%	0.08%
JBL	D	0.13%	0.18%	0.13%
JEF	B	0.09%	0.22%	0.09%
JHG	B	0.05%	0.17%	0.05%
JWN	C	0.03%	0.17%	0.03%
K	B	0.24%	0.2%	0.2%
KBR	D	0.09%	0.21%	0.09%
KEY	B	0.17%	0.19%	0.17%
KIM	C	0.18%	0.24%	0.18%
KMI	B	0.47%	0.35%	0.35%
KR	C	0.42%	0.31%	0.31%
KRC	B	0.05%	0.13%	0.05%
KSS	F	0.03%	0.12%	0.03%
LAD	D	0.09%	0.17%	0.09%
LDOS	B	0.24%	0.28%	0.24%
LEA	F	0.07%	0.15%	0.07%
LEG	D	0.02%	0.11%	0.02%
LEN	B	0.02%	0.38%	0.02%
LEN	B	0.51%	0.38%	0.38%
LHX	C	0.5%	0.3%	0.3%
LKQ	F	0.12%	0.18%	0.12%
LOPE	D	0.03%	0.0%	0.0%
LYB	D	0.28%	0.28%	0.28%
M	F	0.05%	0.16%	0.05%
MAN	C	0.04%	0.2%	0.04%
MCHP	F	0.47%	0.3%	0.3%
MDU	C	0.06%	0.19%	0.06%
MGM	F	0.1%	0.17%	0.1%
MOS	F	0.1%	0.2%	0.1%
MPW	C	0.04%	0.08%	0.04%
MRO	C	0.17%	0.24%	0.17%
MSM	D	0.04%	0.18%	0.04%
MTB	B	0.32%	0.23%	0.23%
MTCH	C	0.11%	0.22%	0.11%
MTG	B	0.08%	0.26%	0.08%
MTN	D	0.01%	0.09%	0.01%
NFG	B	0.06%	0.22%	0.06%
NNN	C	0.1%	0.13%	0.1%
NTAP	D	0.15%	0.26%	0.15%
NUE	F	0.4%	0.29%	0.29%
NVR	B	0.32%	0.23%	0.23%
NVT	D	0.13%	0.03%	0.03%
NWL	C	0.04%	0.11%	0.04%
NWSA	D	0.11%	0.22%	0.11%
NXST	D	0.04%	0.23%	0.04%
OC	D	0.16%	0.22%	0.16%
OGE	C	0.09%	0.25%	0.09%
OGN	D	0.06%	0.07%	0.06%
OHI	B	0.11%	0.25%	0.11%
OKTA	F	0.07%	0.12%	0.07%
OLED	C	0.06%	0.22%	0.06%
OMC	B	0.22%	0.27%	0.22%
OMF	D	0.06%	0.17%	0.06%
ON	D	0.35%	0.28%	0.28%
ONTO	D	0.08%	0.11%	0.08%
ORI	B	0.1%	0.26%	0.1%
OSK	F	0.08%	0.2%	0.08%
OVV	F	0.12%	0.18%	0.12%
OZK	D	0.05%	0.11%	0.05%
PAG	D	0.03%	0.18%	0.03%
PARA	F	0.07%	0.12%	0.07%
PATH	D	0.01%	0.12%	0.01%
PAYC	D	0.04%	0.21%	0.04%
PB	B	0.08%	0.14%	0.08%
PFG	B	0.22%	0.24%	0.22%
PHM	B	0.33%	0.33%	0.33%
PII	D	0.05%	0.11%	0.05%
PINC	C	0.03%	0.09%	0.03%
PK	D	0.03%	0.13%	0.03%
PKG	B	0.21%	0.28%	0.21%
PNR	B	0.17%	0.27%	0.17%
PNW	C	0.12%	0.26%	0.12%
POST	C	0.07%	0.15%	0.07%
PPL	C	0.27%	0.3%	0.27%
PRGO	D	0.04%	0.11%	0.04%
PRU	C	0.48%	0.35%	0.35%
PSN	B	0.05%	0.14%	0.05%
PTC	D	0.09%	0.16%	0.09%
PVH	F	0.06%	0.16%	0.06%
QRVO	F	0.12%	0.18%	0.12%
R	A	0.07%	0.23%	0.07%
REG	C	0.16%	0.14%	0.14%
RF	B	0.23%	0.24%	0.23%
RGA	C	0.16%	0.09%	0.09%
RHI	D	0.07%	0.17%	0.07%
RL	C	0.08%	0.21%	0.08%
RS	D	0.18%	0.24%	0.18%
SAIC	C	0.08%	0.25%	0.08%
SCI	B	0.13%	0.25%	0.13%
SJM	C	0.14%	0.18%	0.14%
SLGN	B	0.05%	0.23%	0.05%
SNA	C	0.17%	0.25%	0.17%
SNDR	B	0.02%	0.1%	0.02%
SNV	C	0.08%	0.19%	0.08%
SNX	D	0.1%	0.19%	0.1%
SOLV	C	0.11%	0.05%	0.05%
SON	C	0.06%	0.14%	0.06%
SPB	C	0.03%	0.11%	0.03%
SPG	B	0.45%	0.33%	0.33%
SSNC	B	0.19%	0.29%	0.19%
ST	D	0.06%	0.19%	0.06%
STT	A	0.29%	0.28%	0.28%
STWD	B	0.07%	0.18%	0.07%
SWK	B	0.18%	0.14%	0.14%
SWKS	D	0.19%	0.21%	0.19%
SYF	C	0.22%	0.28%	0.22%
TAP	D	0.11%	0.2%	0.11%
TER	D	0.02%	0.24%	0.02%
TFX	C	0.13%	0.1%	0.1%
THC	A	0.18%	0.21%	0.18%
THO	D	0.06%	0.18%	0.06%
TNL	D	0.03%	0.15%	0.03%
TOL	B	0.18%	0.28%	0.18%
TPR	C	0.11%	0.21%	0.11%
TSN	C	0.2%	0.11%	0.11%
TWLO	D	0.1%	0.23%	0.1%
TXT	D	0.19%	0.19%	0.19%
TYL	C	0.04%	0.2%	0.04%
U	D	0.04%	0.11%	0.04%
UAL	C	0.19%	0.17%	0.17%
UGI	C	0.06%	0.22%	0.06%
UHAL	A	0.05%	0.05%	0.05%
UHAL	A	0.0%	0.05%	0.0%
UHS	B	0.15%	0.28%	0.15%
UNM	B	0.12%	0.26%	0.12%
UTHR	C	0.17%	0.23%	0.17%
VAC	F	0.03%	0.16%	0.03%
VFC	C	0.07%	0.08%	0.07%
VICI	C	0.41%	0.34%	0.34%
VRSN	D	0.17%	0.15%	0.15%
VTRS	D	0.16%	0.22%	0.16%
WAL	B	0.1%	0.21%	0.1%
WBS	D	0.09%	0.13%	0.09%
WCC	D	0.08%	0.2%	0.08%
WEN	C	0.02%	0.14%	0.02%
WH	B	0.06%	0.11%	0.06%
WHR	D	0.06%	0.18%	0.06%
WPC	C	0.16%	0.1%	0.1%
WSM	D	0.09%	0.23%	0.09%
WU	F	0.03%	0.2%	0.03%
ZBH	F	0.25%	0.17%	0.17%
ZI	D	0.04%	0.12%	0.04%
ZION	D	0.08%	0.15%	0.08%
ZM	C	0.19%	0.26%	0.19%

IWS Overweight 428 Positions Relative to JVAL

Symbol	Grade	Weight
AFL	C	0.71%
AJG	D	0.69%
WMB	B	0.63%
O	C	0.62%
OKE	B	0.61%
DLR	B	0.59%
CCI	C	0.59%
KVUE	C	0.51%
ALL	B	0.48%
PEG	B	0.48%
PCG	C	0.48%
A	C	0.46%
ACGL	C	0.46%
EA	D	0.45%
ROST	C	0.45%
CTVA	B	0.45%
OTIS	C	0.44%
IQV	C	0.44%
AME	C	0.44%
EXR	B	0.43%
CBRE	A	0.42%
FERG	D	0.42%
IR	C	0.42%
URI	B	0.42%
XEL	B	0.41%
HWM	B	0.41%
HIG	B	0.39%
DFS	B	0.38%
BKR	C	0.38%
AVB	B	0.38%
GEHC	C	0.38%
CHTR	D	0.37%
CSGP	D	0.37%
EIX	C	0.37%
XYL	C	0.36%
NDAQ	A	0.35%
MLM	D	0.35%
WEC	C	0.35%
WAB	B	0.34%
WTW	C	0.34%
PPG	D	0.34%
EFX	B	0.34%
BIIB	F	0.33%
AWK	B	0.33%
MTD	D	0.33%
PAYX	C	0.32%
GPN	D	0.32%
PWR	B	0.31%
ROK	D	0.31%
FTV	C	0.3%
HLT	B	0.3%
RCL	B	0.3%
DTE	C	0.3%
SBAC	C	0.3%
KEYS	C	0.3%
VTR	C	0.3%
RMD	C	0.3%
IFF	B	0.3%
CHD	D	0.29%
HSY	C	0.29%
TTWO	C	0.29%
FE	C	0.29%
STE	C	0.28%
FSLR	C	0.28%
HAL	F	0.28%
YUM	D	0.27%
VMC	D	0.27%
WY	C	0.27%
ES	C	0.27%
RJF	C	0.26%
AEE	C	0.26%
INVH	C	0.26%
TROW	D	0.26%
COO	B	0.25%
ARE	C	0.25%
HUBB	B	0.25%
FCNCA	D	0.25%
CBOE	C	0.25%
ATO	B	0.24%
ILMN	C	0.24%
BALL	C	0.24%
SQ	D	0.24%
WBD	D	0.24%
MSTR	D	0.24%
CMS	C	0.24%
CINF	B	0.24%
MKC	C	0.24%
WDC	D	0.24%
ESS	B	0.23%
TDY	B	0.23%
LNG	C	0.23%
MAA	B	0.22%
NTRS	A	0.21%
J	C	0.21%
SUI	B	0.21%
MSCI	C	0.21%
AVTR	B	0.21%
WRB	C	0.21%
TRU	B	0.21%
EQT	D	0.21%
DG	F	0.21%
LH	C	0.21%
HOLX	B	0.21%
LUV	C	0.2%
CCL	C	0.2%
MAS	B	0.2%
CNP	C	0.2%
WSO	C	0.19%
STLD	F	0.19%
CSL	B	0.19%
MKL	C	0.18%
UDR	C	0.18%
FNF	B	0.18%
BMRN	F	0.18%
DOC	C	0.18%
SYY	D	0.17%
IRM	C	0.17%
HOOD	C	0.17%
GEN	B	0.17%
VLTO	C	0.17%
RVTY	B	0.17%
IEX	D	0.17%
NI	B	0.17%
LNT	B	0.17%
ZBRA	B	0.16%
USFD	B	0.16%
TRMB	C	0.16%
AMH	C	0.16%
GGG	C	0.16%
EG	C	0.16%
BRO	C	0.16%
JBHT	D	0.16%
ELS	C	0.16%
EXPD	C	0.16%
NDSN	C	0.16%
DLTR	F	0.16%
L	C	0.16%
CLH	A	0.15%
JKHY	B	0.15%
CPT	B	0.15%
AES	C	0.15%
ACM	B	0.15%
IBKR	B	0.15%
RNR	C	0.15%
RPM	B	0.14%
CW	B	0.14%
CUBE	B	0.14%
EMN	B	0.14%
ALLE	B	0.14%
JNPR	B	0.14%
BXP	B	0.14%
HES	F	0.14%
FDS	C	0.13%
RIVN	F	0.13%
INCY	C	0.13%
EWBC	D	0.13%
AVY	C	0.13%
CAH	C	0.13%
ITT	B	0.13%
EME	B	0.13%
BLD	D	0.13%
CHRW	B	0.13%
KMX	D	0.13%
SW	B	0.13%
TECH	C	0.13%
CASY	D	0.13%
CRL	F	0.12%
ATR	B	0.12%
AIZ	B	0.12%
ALB	D	0.12%
RRX	C	0.12%
NLY	B	0.12%
NTNX	C	0.12%
NRG	C	0.12%
FBIN	B	0.12%
FTI	D	0.12%
BJ	D	0.12%
CTLT	B	0.12%
RPRX	C	0.12%
REXR	C	0.12%
HRL	C	0.11%
RGLD	C	0.11%
Z	B	0.11%
MKTX	C	0.11%
AOS	D	0.11%
PFGC	B	0.11%
GL	C	0.11%
TTEK	C	0.11%
CVNA	B	0.11%
FRT	C	0.11%
AFG	B	0.11%
WWD	D	0.11%
WTRG	D	0.11%
FWONK	C	0.11%
AFRM	C	0.11%
JLL	B	0.1%
KNX	C	0.1%
MHK	C	0.1%
DCI	C	0.1%
LAMR	B	0.1%
WST	D	0.1%
SF	A	0.1%
NYT	C	0.1%
APA	F	0.1%
TTC	D	0.1%
EVR	A	0.1%
CG	D	0.1%
EGP	B	0.1%
FYBR	C	0.1%
PRI	B	0.1%
DPZ	F	0.1%
DTM	B	0.09%
CBSH	C	0.09%
FR	B	0.09%
WAT	C	0.09%
ALGN	D	0.09%
WEX	C	0.09%
ADC	C	0.09%
FND	C	0.09%
VOYA	B	0.09%
AXTA	B	0.09%
ATI	C	0.09%
BRBR	C	0.09%
MOH	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%
ROKU	C	0.09%
X	F	0.09%
CIEN	C	0.09%
RBC	C	0.09%
AA	D	0.09%
TW	B	0.09%
CHRD	F	0.09%
COLD	D	0.09%
SKX	D	0.09%
LSTR	D	0.08%
MSA	D	0.08%
WBA	F	0.08%
PR	F	0.08%
RGEN	F	0.08%
SEIC	C	0.08%
SOFI	C	0.08%
WTFC	B	0.08%
RRC	D	0.08%
SWN	D	0.08%
KEX	C	0.08%
BFAM	C	0.08%
SSD	D	0.08%
FICO	B	0.08%
MKSI	F	0.08%
ACHC	C	0.08%
LECO	F	0.08%
MTZ	B	0.08%
HR	C	0.08%
BWXT	D	0.08%
MIDD	D	0.08%
ELAN	D	0.08%
EXAS	C	0.08%
HLI	B	0.08%
STAG	C	0.08%
PNFP	B	0.08%
WYNN	D	0.08%
SRCL	A	0.07%
ESI	D	0.07%
RITM	B	0.07%
RLI	B	0.07%
GXO	D	0.07%
SIRI	C	0.07%
OLLI	C	0.07%
AZPN	B	0.07%
WMS	D	0.07%
FLS	D	0.07%
LFUS	C	0.07%
NOV	F	0.07%
FAST	C	0.07%
BIO	C	0.07%
LW	D	0.07%
CGNX	F	0.07%
VNO	B	0.07%
CART	A	0.07%
CFR	C	0.07%
MAT	C	0.07%
AAL	D	0.07%
CCCS	D	0.06%
FOX	B	0.06%
LNC	D	0.06%
HXL	F	0.06%
WSC	D	0.06%
LBRDK	F	0.06%
VNT	F	0.06%
TKR	D	0.06%
COIN	F	0.06%
OLN	D	0.06%
IDA	C	0.06%
KD	D	0.06%
ALK	C	0.06%
THG	B	0.06%
AMG	C	0.06%
XRAY	D	0.06%
MTDR	F	0.06%
H	C	0.06%
SN	B	0.06%
VMI	D	0.06%
GME	F	0.06%
DAR	F	0.06%
GWW	B	0.06%
ESAB	C	0.06%
MTSI	D	0.06%
SITE	C	0.05%
BILL	D	0.05%
ROIV	C	0.05%
GNRC	D	0.05%
EEFT	D	0.05%
FLO	C	0.05%
W	D	0.05%
ASH	D	0.05%
S	C	0.05%
WTM	D	0.05%
DOCS	B	0.05%
FRPT	B	0.05%
AL	D	0.05%
SLM	D	0.05%
RYN	C	0.05%
SAIA	D	0.05%
WLK	D	0.05%
AMED	C	0.04%
AM	C	0.04%
NWS	D	0.04%
PLNT	B	0.04%
NVST	D	0.04%
LBTYA	B	0.04%
SPR	D	0.04%
NSA	B	0.04%
LCID	C	0.04%
MSGS	B	0.04%
AMKR	F	0.04%
LBTYK	B	0.04%
COTY	F	0.04%
TPG	B	0.04%
KMPR	D	0.04%
AWI	B	0.04%
ALNY	C	0.04%
LITE	B	0.04%
NEU	D	0.04%
RH	B	0.04%
AMP	A	0.04%
BR	D	0.03%
RCM	C	0.03%
ETSY	F	0.03%
EXP	B	0.03%
ENOV	D	0.03%
MASI	F	0.03%
CNM	F	0.03%
YETI	D	0.03%
HHH	C	0.03%
ULTA	D	0.03%
CC	F	0.03%
QDEL	D	0.03%
SHC	C	0.03%
BRKR	D	0.03%
SEE	D	0.03%
BHF	F	0.03%
AZTA	F	0.03%
VIRT	C	0.03%
RKT	C	0.03%
VNOM	C	0.03%
ZG	B	0.03%
CXT	D	0.03%
IRDM	D	0.03%
SMG	C	0.03%
PENN	D	0.03%
TRIP	F	0.02%
UAA	C	0.02%
UA	D	0.02%
PPC	D	0.02%
GO	F	0.02%
AS	C	0.02%
REYN	C	0.02%
MP	D	0.02%
BIRK	F	0.02%
PSTG	F	0.02%
BROS	D	0.02%
LPX	B	0.02%
LLYVK	B	0.02%
HAYW	C	0.02%
AZEK	C	0.02%
VSTS	D	0.02%
SAM	F	0.02%
ADT	C	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%
TFSL	C	0.01%
HCP	B	0.01%
LBRDA	F	0.01%
LSCC	D	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%
WOLF	F	0.01%
DDS	F	0.01%
FIVE	D	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 85 Positions Relative to JVAL

Symbol	Grade	Weight
AAPL	C	-2.02%
UNH	C	-2.0%
META	B	-1.95%
MSFT	C	-1.81%
GOOGL	D	-1.64%
AVGO	C	-1.56%
JNJ	C	-1.48%
ORCL	C	-0.98%
ADBE	F	-0.94%
IBM	B	-0.89%
MRK	D	-0.87%
TXN	C	-0.85%
CRM	D	-0.85%
HD	B	-0.82%
PFE	C	-0.81%
INTU	C	-0.8%
QCOM	D	-0.79%
CAT	B	-0.78%
AMGN	B	-0.77%
T	C	-0.76%
CVX	D	-0.68%
CSCO	C	-0.68%
AMAT	D	-0.65%
ELV	C	-0.65%
PM	C	-0.61%
MDT	C	-0.61%
C	C	-0.58%
MO	C	-0.57%
ADI	C	-0.57%
CI	C	-0.56%
KLAC	D	-0.51%
RTX	C	-0.51%
GILD	B	-0.51%
CMCSA	D	-0.49%
BMY	C	-0.47%
PANW	D	-0.46%
LRCX	F	-0.45%
FDX	C	-0.45%
APH	D	-0.43%
TFC	C	-0.43%
CVS	D	-0.42%
GD	B	-0.41%
ROP	C	-0.4%
BAC	D	-0.39%
COF	B	-0.39%
MPC	F	-0.39%
USB	B	-0.39%
MRVL	C	-0.38%
INTC	F	-0.38%
AIG	D	-0.37%
JCI	B	-0.37%
GM	C	-0.37%
MU	F	-0.37%
PSX	F	-0.37%
TGT	C	-0.36%
PCAR	D	-0.34%
F	F	-0.31%
KHC	C	-0.31%
WDAY	D	-0.3%
APP	C	-0.3%
GDDY	C	-0.29%
ADSK	C	-0.29%
FTNT	C	-0.28%
VRT	C	-0.26%
DASH	C	-0.25%
IT	B	-0.24%
VLO	F	-0.24%
MPWR	C	-0.23%
MUSA	D	-0.18%
CRBG	D	-0.16%
DELL	D	-0.16%
DT	C	-0.15%
POOL	C	-0.14%
DOCU	C	-0.14%
ENTG	F	-0.13%
PH	B	-0.13%
PNC	B	-0.12%
PEGA	C	-0.12%
VZ	B	-0.12%
BSY	D	-0.11%
TDC	F	-0.11%
D	C	-0.1%
SMAR	C	-0.09%
BDX	D	-0.07%
ADTN	D	-0.07%