IWS vs. PRF ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Powershares FTSE RAFI US 1000 Portfolio (PRF)

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

$132.00

Average Daily Volume

302,715

Number of Holdings ^*

705

* may have additional holdings in another (foreign) market

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$40.49

Average Daily Volume

296,619

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

Performance

Period	IWS	PRF
30 Days	2.33%	1.42%
60 Days	4.36%	2.72%
90 Days	7.82%	5.65%
12 Months	22.59%	23.71%

554 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in PRF	Overlap
A	C	0.46%	0.04%	0.04%
AA	D	0.09%	0.06%	0.06%
AAL	D	0.07%	0.01%	0.01%
AAP	F	0.03%	0.02%	0.02%
ACGL	B	0.46%	0.08%	0.08%
ACHC	C	0.08%	0.02%	0.02%
ACI	F	0.09%	0.08%	0.08%
ACM	B	0.15%	0.05%	0.05%
ADC	C	0.09%	0.02%	0.02%
ADM	D	0.34%	0.26%	0.26%
AEE	B	0.26%	0.09%	0.09%
AES	C	0.15%	0.07%	0.07%
AFG	B	0.11%	0.05%	0.05%
AFL	B	0.71%	0.21%	0.21%
AGCO	D	0.07%	0.03%	0.03%
AGNC	A	0.08%	0.03%	0.03%
AGO	C	0.05%	0.02%	0.02%
AGR	B	0.03%	0.02%	0.02%
AIZ	B	0.12%	0.04%	0.04%
AJG	C	0.69%	0.07%	0.07%
AKAM	D	0.17%	0.03%	0.03%
AL	D	0.05%	0.03%	0.03%
ALB	F	0.12%	0.03%	0.03%
ALGN	D	0.09%	0.02%	0.02%
ALL	A	0.48%	0.2%	0.2%
ALLE	B	0.14%	0.02%	0.02%
ALLY	F	0.09%	0.08%	0.08%
ALSN	B	0.09%	0.02%	0.02%
AM	B	0.04%	0.01%	0.01%
AME	C	0.44%	0.04%	0.04%
AMG	C	0.06%	0.02%	0.02%
AMH	C	0.16%	0.03%	0.03%
AMKR	F	0.04%	0.01%	0.01%
AMP	B	0.04%	0.08%	0.04%
AN	D	0.05%	0.05%	0.05%
ANSS	F	0.32%	0.02%	0.02%
AOS	C	0.11%	0.02%	0.02%
APA	F	0.1%	0.04%	0.04%
APG	D	0.09%	0.01%	0.01%
APTV	D	0.21%	0.05%	0.05%
AR	D	0.09%	0.04%	0.04%
ARE	B	0.25%	0.07%	0.07%
ARMK	B	0.11%	0.03%	0.03%
ARW	C	0.08%	0.09%	0.08%
ASH	D	0.05%	0.01%	0.01%
ATI	C	0.09%	0.02%	0.02%
ATO	B	0.24%	0.06%	0.06%
ATR	B	0.12%	0.02%	0.02%
AVB	B	0.38%	0.09%	0.09%
AVT	D	0.05%	0.04%	0.04%
AVTR	B	0.21%	0.04%	0.04%
AVY	D	0.13%	0.04%	0.04%
AWK	A	0.33%	0.06%	0.06%
AXS	B	0.07%	0.03%	0.03%
AXTA	C	0.09%	0.02%	0.02%
AYI	B	0.09%	0.02%	0.02%
BALL	C	0.24%	0.05%	0.05%
BAX	C	0.23%	0.07%	0.07%
BBWI	F	0.07%	0.02%	0.02%
BBY	B	0.24%	0.15%	0.15%
BC	C	0.06%	0.02%	0.02%
BEN	F	0.07%	0.03%	0.03%
BERY	B	0.09%	0.04%	0.04%
BG	D	0.16%	0.12%	0.12%
BHF	D	0.03%	0.02%	0.02%
BIIB	F	0.33%	0.11%	0.11%
BIO	C	0.07%	0.02%	0.02%
BJ	D	0.12%	0.05%	0.05%
BK	A	0.59%	0.26%	0.26%
BKR	D	0.38%	0.1%	0.1%
BLD	D	0.13%	0.02%	0.02%
BLDR	C	0.23%	0.06%	0.06%
BMRN	F	0.18%	0.02%	0.02%
BOKF	B	0.03%	0.01%	0.01%
BPOP	C	0.07%	0.03%	0.03%
BR	D	0.03%	0.03%	0.03%
BRO	C	0.16%	0.03%	0.03%
BRX	B	0.1%	0.03%	0.03%
BWA	D	0.08%	0.05%	0.05%
BWXT	D	0.08%	0.01%	0.01%
BXP	B	0.14%	0.06%	0.06%
BYD	C	0.05%	0.01%	0.01%
CACI	B	0.12%	0.03%	0.03%
CAG	B	0.18%	0.08%	0.08%
CAH	C	0.13%	0.29%	0.13%
CAR	F	0.01%	0.02%	0.01%
CASY	D	0.13%	0.04%	0.04%
CBOE	C	0.25%	0.02%	0.02%
CBRE	A	0.42%	0.12%	0.12%
CBSH	C	0.09%	0.02%	0.02%
CC	F	0.03%	0.02%	0.02%
CCI	B	0.59%	0.15%	0.15%
CCK	A	0.12%	0.04%	0.04%
CCL	C	0.2%	0.05%	0.05%
CDW	D	0.17%	0.05%	0.05%
CE	D	0.12%	0.04%	0.04%
CF	B	0.17%	0.06%	0.06%
CFG	D	0.21%	0.14%	0.14%
CFR	C	0.07%	0.02%	0.02%
CG	C	0.1%	0.02%	0.02%
CGNX	D	0.07%	0.01%	0.01%
CHD	C	0.29%	0.04%	0.04%
CHK	D	0.11%	0.04%	0.04%
CHRD	F	0.09%	0.02%	0.02%
CHRW	B	0.13%	0.07%	0.07%
CHTR	D	0.37%	0.23%	0.23%
CIEN	C	0.09%	0.02%	0.02%
CINF	B	0.24%	0.08%	0.08%
CIVI	F	0.04%	0.01%	0.01%
CLF	F	0.04%	0.03%	0.03%
CLH	B	0.15%	0.02%	0.02%
CLVT	D	0.03%	0.01%	0.01%
CMA	B	0.09%	0.05%	0.05%
CMI	C	0.47%	0.13%	0.13%
CMS	A	0.24%	0.08%	0.08%
CNC	C	0.46%	0.29%	0.29%
CNH	C	0.1%	0.05%	0.05%
CNM	F	0.03%	0.01%	0.01%
CNP	C	0.2%	0.07%	0.07%
CNXC	D	0.04%	0.01%	0.01%
COHR	B	0.12%	0.03%	0.03%
COIN	F	0.06%	0.02%	0.02%
COLB	B	0.06%	0.02%	0.02%
COLD	D	0.09%	0.02%	0.02%
CPB	B	0.11%	0.04%	0.04%
CPRI	D	0.05%	0.02%	0.02%
CPT	B	0.15%	0.04%	0.04%
CR	C	0.09%	0.02%	0.02%
CRI	C	0.03%	0.01%	0.01%
CRL	D	0.12%	0.02%	0.02%
CSGP	D	0.37%	0.03%	0.03%
CSL	C	0.19%	0.03%	0.03%
CTLT	B	0.12%	0.03%	0.03%
CTRA	F	0.19%	0.07%	0.07%
CTSH	C	0.44%	0.1%	0.1%
CTVA	B	0.45%	0.1%	0.1%
CUBE	B	0.14%	0.02%	0.02%
CUZ	B	0.05%	0.02%	0.02%
CW	B	0.14%	0.02%	0.02%
CZR	C	0.1%	0.03%	0.03%
DAL	C	0.33%	0.03%	0.03%
DAR	F	0.06%	0.02%	0.02%
DCI	D	0.1%	0.02%	0.02%
DD	B	0.39%	0.17%	0.17%
DFS	C	0.38%	0.16%	0.16%
DG	F	0.21%	0.06%	0.06%
DGX	B	0.2%	0.07%	0.07%
DHI	B	0.66%	0.15%	0.15%
DINO	D	0.08%	0.04%	0.04%
DKS	D	0.13%	0.04%	0.04%
DLR	B	0.59%	0.12%	0.12%
DLTR	F	0.16%	0.04%	0.04%
DOC	C	0.18%	0.08%	0.08%
DOV	B	0.29%	0.05%	0.05%
DOW	D	0.4%	0.22%	0.22%
DOX	C	0.11%	0.03%	0.03%
DPZ	F	0.1%	0.02%	0.02%
DRI	C	0.1%	0.05%	0.05%
DTE	B	0.3%	0.11%	0.11%
DTM	B	0.09%	0.03%	0.03%
DVN	F	0.28%	0.11%	0.11%
DXC	C	0.04%	0.05%	0.04%
EA	D	0.45%	0.04%	0.04%
EBAY	B	0.37%	0.1%	0.1%
ED	C	0.41%	0.17%	0.17%
EEFT	D	0.05%	0.01%	0.01%
EFX	C	0.34%	0.04%	0.04%
EG	B	0.16%	0.05%	0.05%
EGP	B	0.1%	0.01%	0.01%
EHC	B	0.11%	0.02%	0.02%
EIX	C	0.37%	0.15%	0.15%
ELAN	D	0.08%	0.03%	0.03%
ELS	C	0.16%	0.02%	0.02%
EME	B	0.13%	0.04%	0.04%
EMN	B	0.14%	0.07%	0.07%
ENOV	F	0.03%	0.01%	0.01%
EPAM	D	0.12%	0.01%	0.01%
EPR	B	0.04%	0.02%	0.02%
EQR	B	0.34%	0.09%	0.09%
EQT	D	0.21%	0.06%	0.06%
ES	C	0.27%	0.12%	0.12%
ESAB	C	0.06%	0.01%	0.01%
ESI	D	0.07%	0.01%	0.01%
ESS	B	0.23%	0.05%	0.05%
ETR	A	0.31%	0.13%	0.13%
EVR	B	0.1%	0.02%	0.02%
EVRG	A	0.16%	0.08%	0.08%
EWBC	C	0.13%	0.03%	0.03%
EXC	B	0.46%	0.22%	0.22%
EXEL	B	0.01%	0.02%	0.01%
EXPD	B	0.16%	0.04%	0.04%
EXR	B	0.43%	0.04%	0.04%
FAF	B	0.08%	0.04%	0.04%
FANG	D	0.35%	0.08%	0.08%
FAST	C	0.07%	0.05%	0.05%
FCN	C	0.09%	0.02%	0.02%
FCNCA	D	0.25%	0.03%	0.03%
FDS	C	0.13%	0.01%	0.01%
FE	C	0.29%	0.12%	0.12%
FFIV	A	0.14%	0.02%	0.02%
FHB	C	0.03%	0.02%	0.02%
FHN	D	0.1%	0.04%	0.04%
FIS	B	0.54%	0.15%	0.15%
FITB	B	0.33%	0.13%	0.13%
FIVE	D	0.01%	0.01%	0.01%
FLO	C	0.05%	0.02%	0.02%
FLS	D	0.07%	0.02%	0.02%
FMC	C	0.09%	0.04%	0.04%
FNB	D	0.06%	0.03%	0.03%
FND	C	0.09%	0.01%	0.01%
FNF	A	0.18%	0.07%	0.07%
FOX	B	0.06%	0.02%	0.02%
FOXA	B	0.11%	0.05%	0.05%
FR	C	0.09%	0.01%	0.01%
FRT	C	0.11%	0.03%	0.03%
FSLR	C	0.28%	0.04%	0.04%
FTI	D	0.12%	0.02%	0.02%
FTV	C	0.3%	0.03%	0.03%
FYBR	C	0.1%	0.07%	0.07%
G	C	0.08%	0.02%	0.02%
GAP	F	0.05%	0.03%	0.03%
GEHC	C	0.38%	0.08%	0.08%
GGG	C	0.16%	0.02%	0.02%
GIS	B	0.48%	0.15%	0.15%
GL	C	0.11%	0.03%	0.03%
GLPI	B	0.16%	0.03%	0.03%
GLW	B	0.37%	0.12%	0.12%
GME	F	0.06%	0.02%	0.02%
GNRC	D	0.05%	0.02%	0.02%
GNTX	F	0.08%	0.01%	0.01%
GPC	D	0.22%	0.06%	0.06%
GPK	B	0.1%	0.03%	0.03%
GPN	D	0.32%	0.07%	0.07%
GRMN	D	0.31%	0.06%	0.06%
GWW	B	0.06%	0.05%	0.05%
GXO	D	0.07%	0.02%	0.02%
HAL	F	0.28%	0.06%	0.06%
HAS	B	0.01%	0.05%	0.01%
HBAN	B	0.24%	0.1%	0.1%
HES	D	0.14%	0.05%	0.05%
HIG	A	0.39%	0.15%	0.15%
HII	C	0.12%	0.03%	0.03%
HIW	B	0.04%	0.02%	0.02%
HLT	B	0.3%	0.03%	0.03%
HOG	C	0.05%	0.02%	0.02%
HOLX	B	0.21%	0.04%	0.04%
HOOD	C	0.17%	0.02%	0.02%
HPE	D	0.25%	0.16%	0.16%
HPQ	D	0.28%	0.18%	0.18%
HRB	C	0.08%	0.03%	0.03%
HRL	C	0.11%	0.04%	0.04%
HSIC	C	0.1%	0.04%	0.04%
HST	D	0.14%	0.04%	0.04%
HSY	C	0.29%	0.05%	0.05%
HUBB	B	0.25%	0.03%	0.03%
HUM	F	0.44%	0.17%	0.17%
HUN	D	0.04%	0.03%	0.03%
HWM	B	0.41%	0.04%	0.04%
IAC	C	0.04%	0.02%	0.02%
IDA	B	0.06%	0.02%	0.02%
IEX	D	0.17%	0.02%	0.02%
IFF	B	0.3%	0.1%	0.1%
ILMN	C	0.24%	0.02%	0.02%
INCY	C	0.13%	0.02%	0.02%
INGR	A	0.1%	0.04%	0.04%
INVH	C	0.26%	0.05%	0.05%
IP	B	0.19%	0.14%	0.14%
IPG	C	0.13%	0.05%	0.05%
IQV	C	0.44%	0.07%	0.07%
IR	C	0.42%	0.03%	0.03%
IRM	B	0.17%	0.09%	0.09%
ITT	C	0.13%	0.02%	0.02%
IVZ	C	0.07%	0.05%	0.05%
J	D	0.21%	0.04%	0.04%
JAZZ	D	0.08%	0.02%	0.02%
JBHT	D	0.16%	0.03%	0.03%
JBL	D	0.13%	0.05%	0.05%
JEF	B	0.09%	0.06%	0.06%
JHG	B	0.05%	0.03%	0.03%
JKHY	B	0.15%	0.02%	0.02%
JLL	B	0.1%	0.06%	0.06%
JNPR	A	0.14%	0.03%	0.03%
JWN	B	0.03%	0.03%	0.03%
K	A	0.24%	0.08%	0.08%
KBR	D	0.09%	0.02%	0.02%
KD	D	0.06%	0.05%	0.05%
KEX	C	0.08%	0.02%	0.02%
KEY	B	0.17%	0.1%	0.1%
KEYS	C	0.3%	0.03%	0.03%
KIM	B	0.18%	0.05%	0.05%
KMI	A	0.47%	0.25%	0.25%
KMPR	D	0.04%	0.02%	0.02%
KMX	D	0.13%	0.08%	0.08%
KNX	C	0.1%	0.03%	0.03%
KR	B	0.42%	0.31%	0.31%
KRC	B	0.05%	0.02%	0.02%
KSS	F	0.03%	0.04%	0.03%
L	B	0.16%	0.06%	0.06%
LAD	C	0.09%	0.05%	0.05%
LAMR	A	0.1%	0.03%	0.03%
LBRDA	D	0.01%	0.0%	0.0%
LBRDK	D	0.06%	0.02%	0.02%
LDOS	C	0.24%	0.06%	0.06%
LEA	D	0.07%	0.04%	0.04%
LECO	F	0.08%	0.01%	0.01%
LEG	D	0.02%	0.02%	0.02%
LEN	B	0.51%	0.14%	0.14%
LEN	B	0.51%	0.01%	0.01%
LEN	B	0.02%	0.01%	0.01%
LEN	B	0.02%	0.14%	0.02%
LFUS	D	0.07%	0.01%	0.01%
LHX	D	0.5%	0.11%	0.11%
LITE	B	0.04%	0.01%	0.01%
LKQ	D	0.12%	0.04%	0.04%
LNC	D	0.06%	0.06%	0.06%
LNG	D	0.23%	0.06%	0.06%
LNT	A	0.17%	0.06%	0.06%
LPX	B	0.02%	0.02%	0.02%
LSTR	D	0.08%	0.02%	0.02%
LUV	C	0.2%	0.02%	0.02%
LW	D	0.07%	0.01%	0.01%
LYB	F	0.28%	0.17%	0.17%
M	F	0.05%	0.05%	0.05%
MAA	B	0.22%	0.05%	0.05%
MAN	C	0.04%	0.03%	0.03%
MAS	B	0.2%	0.03%	0.03%
MAT	C	0.07%	0.02%	0.02%
MCHP	D	0.47%	0.06%	0.06%
MDU	B	0.06%	0.03%	0.03%
MGM	D	0.1%	0.04%	0.04%
MHK	B	0.1%	0.06%	0.06%
MIDD	C	0.08%	0.02%	0.02%
MKC	B	0.24%	0.05%	0.05%
MKL	C	0.18%	0.08%	0.08%
MKSI	F	0.08%	0.02%	0.02%
MLM	D	0.35%	0.04%	0.04%
MOH	C	0.09%	0.06%	0.06%
MOS	F	0.1%	0.06%	0.06%
MPW	C	0.04%	0.06%	0.04%
MRO	D	0.17%	0.07%	0.07%
MSCI	C	0.21%	0.02%	0.02%
MSM	D	0.04%	0.01%	0.01%
MTB	B	0.32%	0.13%	0.13%
MTCH	C	0.11%	0.01%	0.01%
MTD	D	0.33%	0.02%	0.02%
MTDR	D	0.06%	0.01%	0.01%
MTG	B	0.08%	0.02%	0.02%
MTN	D	0.01%	0.02%	0.01%
MTZ	B	0.08%	0.04%	0.04%
NDAQ	B	0.35%	0.03%	0.03%
NDSN	C	0.16%	0.02%	0.02%
NFG	B	0.06%	0.02%	0.02%
NI	B	0.17%	0.06%	0.06%
NNN	B	0.1%	0.03%	0.03%
NOV	D	0.07%	0.02%	0.02%
NRG	C	0.12%	0.1%	0.1%
NTAP	D	0.15%	0.06%	0.06%
NTRS	B	0.21%	0.08%	0.08%
NUE	F	0.4%	0.12%	0.12%
NVR	B	0.32%	0.05%	0.05%
NVST	D	0.04%	0.02%	0.02%
NVT	D	0.13%	0.02%	0.02%
NWL	D	0.04%	0.03%	0.03%
NWS	D	0.04%	0.01%	0.01%
NWSA	D	0.11%	0.03%	0.03%
NXST	D	0.04%	0.03%	0.03%
O	B	0.62%	0.11%	0.11%
OC	C	0.16%	0.04%	0.04%
OGE	B	0.09%	0.04%	0.04%
OGN	D	0.06%	0.05%	0.05%
OHI	A	0.11%	0.03%	0.03%
OKE	B	0.61%	0.16%	0.16%
OKTA	F	0.07%	0.01%	0.01%
OLN	D	0.06%	0.03%	0.03%
OMC	A	0.22%	0.08%	0.08%
OMF	C	0.06%	0.05%	0.05%
ON	D	0.35%	0.04%	0.04%
ORI	A	0.1%	0.06%	0.06%
OSK	D	0.08%	0.02%	0.02%
OTIS	D	0.44%	0.06%	0.06%
OVV	D	0.12%	0.04%	0.04%
OZK	D	0.05%	0.02%	0.02%
PAG	D	0.03%	0.02%	0.02%
PARA	F	0.07%	0.12%	0.07%
PAYX	C	0.32%	0.07%	0.07%
PB	B	0.08%	0.03%	0.03%
PCG	C	0.48%	0.11%	0.11%
PEG	B	0.48%	0.15%	0.15%
PENN	D	0.03%	0.03%	0.03%
PFG	B	0.22%	0.1%	0.1%
PFGC	B	0.11%	0.07%	0.07%
PHM	B	0.33%	0.08%	0.08%
PII	D	0.05%	0.02%	0.02%
PINC	C	0.03%	0.01%	0.01%
PK	D	0.03%	0.02%	0.02%
PKG	B	0.21%	0.06%	0.06%
PNFP	B	0.08%	0.02%	0.02%
PNR	B	0.17%	0.03%	0.03%
PNW	B	0.12%	0.06%	0.06%
POST	C	0.07%	0.02%	0.02%
PPG	C	0.34%	0.07%	0.07%
PPL	C	0.27%	0.14%	0.14%
PRGO	D	0.04%	0.02%	0.02%
PRI	B	0.1%	0.02%	0.02%
PRU	C	0.48%	0.23%	0.23%
PTC	D	0.09%	0.01%	0.01%
PVH	F	0.06%	0.02%	0.02%
PWR	B	0.31%	0.05%	0.05%
QRVO	F	0.12%	0.03%	0.03%
R	B	0.07%	0.06%	0.06%
RCL	B	0.3%	0.04%	0.04%
REG	C	0.16%	0.04%	0.04%
REXR	C	0.12%	0.02%	0.02%
RF	B	0.23%	0.11%	0.11%
RGA	B	0.16%	0.06%	0.06%
RGLD	B	0.11%	0.02%	0.02%
RH	B	0.04%	0.01%	0.01%
RHI	D	0.07%	0.02%	0.02%
RIVN	F	0.13%	0.02%	0.02%
RJF	C	0.26%	0.05%	0.05%
RL	B	0.08%	0.02%	0.02%
RLI	B	0.07%	0.01%	0.01%
RMD	C	0.3%	0.04%	0.04%
RNR	B	0.15%	0.02%	0.02%
ROK	D	0.31%	0.05%	0.05%
ROST	C	0.45%	0.07%	0.07%
RPM	B	0.14%	0.03%	0.03%
RPRX	C	0.12%	0.02%	0.02%
RRC	D	0.08%	0.01%	0.01%
RRX	C	0.12%	0.03%	0.03%
RS	D	0.18%	0.05%	0.05%
RYN	C	0.05%	0.01%	0.01%
SAIA	D	0.05%	0.01%	0.01%
SAIC	C	0.08%	0.02%	0.02%
SBAC	C	0.3%	0.02%	0.02%
SCI	B	0.13%	0.03%	0.03%
SEE	D	0.03%	0.02%	0.02%
SEIC	B	0.08%	0.01%	0.01%
SF	A	0.1%	0.03%	0.03%
SITE	D	0.05%	0.01%	0.01%
SJM	C	0.14%	0.05%	0.05%
SKX	C	0.09%	0.03%	0.03%
SLGN	B	0.05%	0.02%	0.02%
SLM	C	0.05%	0.02%	0.02%
SMG	C	0.03%	0.02%	0.02%
SNA	B	0.17%	0.04%	0.04%
SNV	C	0.08%	0.03%	0.03%
SNX	D	0.1%	0.04%	0.04%
SOFI	C	0.08%	0.01%	0.01%
SOLV	C	0.11%	0.06%	0.06%
SON	C	0.06%	0.03%	0.03%
SPB	B	0.03%	0.01%	0.01%
SPG	B	0.45%	0.12%	0.12%
SQ	D	0.24%	0.06%	0.06%
SRCL	A	0.07%	0.02%	0.02%
SSNC	B	0.19%	0.04%	0.04%
ST	D	0.06%	0.02%	0.02%
STAG	C	0.08%	0.02%	0.02%
STE	C	0.28%	0.03%	0.03%
STLD	D	0.19%	0.06%	0.06%
STT	A	0.29%	0.15%	0.15%
STWD	A	0.07%	0.04%	0.04%
SUI	B	0.21%	0.04%	0.04%
SWK	B	0.18%	0.08%	0.08%
SWKS	F	0.19%	0.04%	0.04%
SWN	D	0.08%	0.05%	0.05%
SYF	C	0.22%	0.17%	0.17%
SYY	D	0.17%	0.15%	0.15%
TAP	C	0.11%	0.05%	0.05%
TDY	C	0.23%	0.04%	0.04%
TER	D	0.02%	0.03%	0.02%
TFX	C	0.13%	0.02%	0.02%
THC	B	0.18%	0.13%	0.13%
THG	A	0.06%	0.02%	0.02%
THO	D	0.06%	0.03%	0.03%
TKR	D	0.06%	0.02%	0.02%
TNL	D	0.03%	0.02%	0.02%
TOL	B	0.18%	0.05%	0.05%
TPR	C	0.11%	0.03%	0.03%
TRMB	C	0.16%	0.02%	0.02%
TROW	D	0.26%	0.09%	0.09%
TRU	B	0.21%	0.03%	0.03%
TSN	C	0.2%	0.16%	0.16%
TTC	D	0.1%	0.02%	0.02%
TTWO	D	0.29%	0.04%	0.04%
TWLO	D	0.1%	0.03%	0.03%
TXT	D	0.19%	0.05%	0.05%
TYL	C	0.04%	0.02%	0.02%
UA	C	0.02%	0.01%	0.01%
UAA	C	0.02%	0.01%	0.01%
UAL	B	0.19%	0.04%	0.04%
UDR	B	0.18%	0.04%	0.04%
UGI	C	0.06%	0.05%	0.05%
UHAL	B	0.05%	0.02%	0.02%
UHAL	B	0.0%	0.02%	0.0%
UHAL	B	0.05%	0.0%	0.0%
UHAL	B	0.0%	0.0%	0.0%
UHS	B	0.15%	0.06%	0.06%
ULTA	D	0.03%	0.02%	0.02%
UNM	B	0.12%	0.07%	0.07%
URI	B	0.42%	0.1%	0.1%
USFD	B	0.16%	0.08%	0.08%
UTHR	C	0.17%	0.04%	0.04%
VAC	F	0.03%	0.01%	0.01%
VFC	C	0.07%	0.06%	0.06%
VICI	C	0.41%	0.08%	0.08%
VLTO	C	0.17%	0.02%	0.02%
VMC	D	0.27%	0.04%	0.04%
VMI	D	0.06%	0.02%	0.02%
VNO	B	0.07%	0.05%	0.05%
VNT	D	0.06%	0.01%	0.01%
VOYA	A	0.09%	0.03%	0.03%
VSTS	D	0.02%	0.01%	0.01%
VTR	C	0.3%	0.12%	0.12%
VTRS	C	0.16%	0.09%	0.09%
W	D	0.05%	0.01%	0.01%
WAB	A	0.34%	0.06%	0.06%
WAL	B	0.1%	0.03%	0.03%
WAT	C	0.09%	0.02%	0.02%
WBA	F	0.08%	0.12%	0.08%
WBD	D	0.24%	0.13%	0.13%
WBS	C	0.09%	0.03%	0.03%
WCC	C	0.08%	0.04%	0.04%
WDC	D	0.24%	0.11%	0.11%
WEC	B	0.35%	0.12%	0.12%
WEX	C	0.09%	0.01%	0.01%
WH	B	0.06%	0.01%	0.01%
WHR	D	0.06%	0.05%	0.05%
WLK	D	0.05%	0.02%	0.02%
WMB	B	0.63%	0.2%	0.2%
WPC	B	0.16%	0.04%	0.04%
WRB	C	0.21%	0.04%	0.04%
WSC	D	0.06%	0.01%	0.01%
WSM	C	0.09%	0.04%	0.04%
WSO	C	0.19%	0.03%	0.03%
WST	D	0.1%	0.01%	0.01%
WTFC	B	0.08%	0.02%	0.02%
WTRG	D	0.11%	0.03%	0.03%
WTW	B	0.34%	0.07%	0.07%
WU	D	0.03%	0.03%	0.03%
WWD	D	0.11%	0.02%	0.02%
WY	C	0.27%	0.1%	0.1%
WYNN	D	0.08%	0.01%	0.01%
X	D	0.09%	0.05%	0.05%
XEL	A	0.41%	0.14%	0.14%
XRAY	D	0.06%	0.01%	0.01%
XYL	D	0.36%	0.03%	0.03%
YUM	D	0.27%	0.05%	0.05%
Z	B	0.11%	0.01%	0.01%
ZBH	F	0.25%	0.05%	0.05%
ZBRA	B	0.16%	0.03%	0.03%
ZG	B	0.03%	0.01%	0.01%
ZION	D	0.08%	0.04%	0.04%
ZM	C	0.19%	0.02%	0.02%

IWS Overweight 155 Positions Relative to PRF

Symbol	Grade	Weight
KVUE	B	0.51%
FERG	C	0.42%
COO	B	0.25%
MSTR	D	0.24%
LH	B	0.21%
AMCR	C	0.18%
VRSN	D	0.17%
GEN	A	0.17%
RVTY	B	0.17%
IBKR	B	0.15%
SW	B	0.13%
TECH	C	0.13%
NLY	A	0.12%
NTNX	C	0.12%
FBIN	B	0.12%
MKTX	C	0.11%
TTEK	C	0.11%
CVNA	B	0.11%
FWONK	D	0.11%
AFRM	C	0.11%
NYT	C	0.1%
BRBR	B	0.09%
GWRE	A	0.09%
COKE	C	0.09%
CHE	C	0.09%
GMED	D	0.09%
TKO	B	0.09%
DAY	D	0.09%
ROKU	C	0.09%
RBC	C	0.09%
TW	A	0.09%
MSA	C	0.08%
PR	D	0.08%
RGEN	F	0.08%
BFAM	C	0.08%
SSD	C	0.08%
FICO	A	0.08%
HR	C	0.08%
CRUS	D	0.08%
EXAS	C	0.08%
ONTO	F	0.08%
HLI	B	0.08%
RITM	B	0.07%
SIRI	C	0.07%
OLLI	C	0.07%
AZPN	A	0.07%
WMS	D	0.07%
CROX	C	0.07%
CART	A	0.07%
OLED	C	0.06%
CCCS	D	0.06%
HXL	F	0.06%
ALK	C	0.06%
H	C	0.06%
SN	B	0.06%
MTSI	D	0.06%
BILL	D	0.05%
ROIV	C	0.05%
DLB	D	0.05%
DBX	D	0.05%
S	C	0.05%
WTM	F	0.05%
DOCS	B	0.05%
FRPT	B	0.05%
PSN	B	0.05%
AMED	C	0.04%
PAYC	D	0.04%
PLNT	A	0.04%
ZI	D	0.04%
U	D	0.04%
LBTYA	B	0.04%
SPR	D	0.04%
NSA	B	0.04%
LCID	C	0.04%
MSGS	B	0.04%
LBTYK	B	0.04%
GTES	C	0.04%
DNB	C	0.04%
COTY	F	0.04%
TPG	B	0.04%
AWI	B	0.04%
ALNY	B	0.04%
NEU	D	0.04%
GFS	F	0.04%
RCM	C	0.03%
ETSY	F	0.03%
EXP	B	0.03%
MASI	D	0.03%
YETI	D	0.03%
HHH	C	0.03%
CWEN	B	0.03%
QDEL	D	0.03%
SHC	B	0.03%
BRKR	D	0.03%
AZTA	D	0.03%
VIRT	B	0.03%
RKT	B	0.03%
COLM	B	0.03%
VNOM	C	0.03%
LOPE	D	0.03%
CXT	D	0.03%
IRDM	D	0.03%
SNDR	B	0.02%
TRIP	F	0.02%
WEN	C	0.02%
PPC	D	0.02%
GO	F	0.02%
INFA	D	0.02%
ALGM	F	0.02%
FTRE	F	0.02%
AS	C	0.02%
REYN	C	0.02%
MP	D	0.02%
BIRK	D	0.02%
PSTG	F	0.02%
BROS	D	0.02%
LLYVK	B	0.02%
HAYW	C	0.02%
IPGP	F	0.02%
AZEK	C	0.02%
SAM	F	0.02%
ADT	D	0.02%
GLOB	D	0.02%
QS	F	0.02%
LAZ	A	0.01%
UI	B	0.01%
IONS	F	0.01%
PLTK	C	0.01%
CHH	C	0.01%
CACC	D	0.01%
TFSL	C	0.01%
PATH	D	0.01%
HCP	A	0.01%
LSCC	D	0.01%
LLYVA	B	0.01%
TXG	D	0.01%
SEB	C	0.01%
PYCR	D	0.01%
ALAB	D	0.01%
NCNO	D	0.01%
CWEN	B	0.01%
WOLF	F	0.01%
DV	F	0.01%
DDS	D	0.01%
FWONA	C	0.01%
LYFT	D	0.01%
CERT	F	0.01%
CNA	C	0.01%
SEG	C	0.0%
LOAR	C	0.0%
PARAA	D	0.0%
UWMC	C	0.0%
GRAL	F	0.0%
NFE	F	0.0%
DJT	F	0.0%

IWS Underweight 426 Positions Relative to PRF

Symbol	Grade	Weight
BRK.A	C	-2.39%
AAPL	D	-2.38%
XOM	D	-2.19%
JPM	D	-2.0%
MSFT	C	-1.98%
AMZN	C	-1.63%
VZ	B	-1.36%
BAC	D	-1.23%
T	B	-1.21%
WMT	B	-1.16%
UNH	C	-1.12%
CVX	D	-1.06%
JNJ	B	-1.05%
C	D	-1.02%
GOOGL	D	-0.97%
WFC	D	-0.97%
META	A	-0.92%
PFE	C	-0.91%
GOOG	D	-0.82%
PG	C	-0.78%
CMCSA	D	-0.75%
HD	B	-0.71%
ABBV	C	-0.69%
PM	C	-0.68%
GM	B	-0.67%
GS	D	-0.66%
CVS	D	-0.59%
COST	C	-0.59%
CSCO	B	-0.58%
IBM	B	-0.57%
KO	B	-0.56%
PEP	C	-0.55%
MO	C	-0.52%
RTX	C	-0.51%
MRK	D	-0.51%
AVGO	C	-0.51%
DUK	C	-0.45%
NEE	B	-0.45%
MS	D	-0.45%
CI	C	-0.44%
MMM	B	-0.44%
COP	D	-0.41%
F	D	-0.4%
MCK	F	-0.4%
ELV	C	-0.4%
SO	B	-0.39%
AMGN	B	-0.38%
LMT	C	-0.38%
MDT	C	-0.38%
DIS	D	-0.37%
INTC	F	-0.37%
GILD	B	-0.36%
BMY	C	-0.36%
USB	B	-0.35%
LOW	B	-0.34%
VLO	D	-0.34%
MPC	D	-0.34%
TFC	D	-0.34%
ABT	C	-0.34%
TXN	C	-0.34%
COF	C	-0.33%
QCOM	D	-0.33%
PNC	B	-0.33%
UPS	D	-0.33%
FDX	C	-0.32%
CB	B	-0.32%
LIN	B	-0.31%
CAT	C	-0.31%
AIG	D	-0.31%
BLK	A	-0.3%
ORCL	B	-0.3%
MCD	C	-0.3%
TMUS	C	-0.3%
TGT	C	-0.3%
TSLA	C	-0.29%
MU	F	-0.29%
PSX	D	-0.29%
AXP	B	-0.28%
HON	D	-0.28%
MET	A	-0.28%
UNP	B	-0.28%
D	C	-0.28%
LLY	C	-0.27%
TMO	C	-0.27%
ACN	C	-0.26%
V	B	-0.25%
EOG	D	-0.25%
PGR	A	-0.25%
AEP	B	-0.24%
NVDA	D	-0.23%
DE	B	-0.23%
GE	B	-0.23%
TRV	B	-0.23%
NEM	B	-0.22%
MDLZ	B	-0.22%
GD	B	-0.2%
TJX	C	-0.2%
CRM	D	-0.2%
SBUX	C	-0.19%
SPGI	B	-0.19%
HCA	B	-0.19%
NOC	B	-0.19%
DHR	B	-0.19%
AMT	C	-0.19%
MA	B	-0.18%
PYPL	B	-0.18%
NFLX	B	-0.18%
ADI	D	-0.18%
PLD	C	-0.18%
SRE	B	-0.18%
ETN	C	-0.17%
AMD	F	-0.17%
REGN	C	-0.16%
KHC	C	-0.16%
JCI	B	-0.16%
CL	C	-0.16%
WELL	B	-0.16%
MMC	C	-0.15%
CME	C	-0.15%
SCHW	D	-0.15%
APD	B	-0.15%
KMB	D	-0.15%
CSX	D	-0.14%
OXY	F	-0.14%
ADP	B	-0.14%
BDX	F	-0.14%
BA	F	-0.14%
FCX	D	-0.14%
AMAT	D	-0.13%
SLB	F	-0.13%
ICE	B	-0.13%
NKE	D	-0.13%
ADBE	D	-0.13%
NSC	C	-0.13%
CARR	B	-0.12%
ITW	B	-0.12%
CEG	C	-0.12%
BSX	B	-0.12%
EMR	D	-0.12%
SYK	C	-0.12%
PCAR	D	-0.12%
WM	D	-0.12%
KKR	B	-0.11%
KDP	A	-0.11%
BX	B	-0.11%
PH	B	-0.1%
TEL	D	-0.1%
EQIX	B	-0.1%
ZIM	C	-0.1%
LUMN	C	-0.09%
VRTX	D	-0.09%
INTU	D	-0.09%
VST	C	-0.09%
AER	C	-0.09%
SHW	B	-0.09%
TT	B	-0.09%
APH	D	-0.08%
ISRG	C	-0.08%
MRNA	F	-0.08%
TDG	B	-0.08%
LRCX	F	-0.08%
JXN	B	-0.08%
ECL	B	-0.08%
NXPI	D	-0.08%
PSA	B	-0.08%
TRGP	B	-0.08%
BKNG	B	-0.08%
RSG	D	-0.07%
MSI	C	-0.07%
ROP	C	-0.07%
AON	B	-0.07%
AZO	D	-0.07%
STZ	C	-0.07%
GEV	B	-0.07%
STX	D	-0.07%
CRBG	D	-0.06%
MRVL	C	-0.06%
CTAS	C	-0.06%
ORLY	B	-0.06%
MCO	A	-0.06%
FLEX	C	-0.06%
KLAC	D	-0.06%
ZTS	B	-0.06%
CCEP	B	-0.05%
UBER	C	-0.05%
MAR	C	-0.05%
BAP	A	-0.05%
EQH	C	-0.05%
TSCO	C	-0.05%
CLX	C	-0.05%
MTH	B	-0.04%
MUSA	C	-0.04%
TMHC	B	-0.04%
GPI	B	-0.04%
SFM	B	-0.04%
PBF	F	-0.04%
SLG	B	-0.04%
HBI	B	-0.04%
ICLR	D	-0.04%
DVA	B	-0.04%
TDS	C	-0.04%
POR	B	-0.03%
KBH	B	-0.03%
TPH	C	-0.03%
SANM	D	-0.03%
ALV	F	-0.03%
CPRT	D	-0.03%
RIG	F	-0.03%
VRSK	D	-0.03%
FLR	D	-0.03%
CPNG	B	-0.03%
BAH	B	-0.03%
COOP	B	-0.03%
LVS	D	-0.03%
SNPS	D	-0.03%
MNST	C	-0.03%
EXPE	C	-0.03%
CPAY	B	-0.03%
CMG	C	-0.03%
GT	F	-0.03%
EW	F	-0.03%
EL	F	-0.03%
ANET	B	-0.03%
NOW	A	-0.03%
ABG	F	-0.03%
APO	C	-0.03%
BURL	B	-0.03%
GMS	C	-0.02%
VRT	C	-0.02%
APLE	D	-0.02%
MMS	D	-0.02%
VEEV	C	-0.02%
OUT	B	-0.02%
ESGR	D	-0.02%
PLXS	B	-0.02%
VSCO	C	-0.02%
FULT	C	-0.02%
SIG	C	-0.02%
THS	C	-0.02%
IRT	B	-0.02%
GATX	D	-0.02%
BTU	D	-0.02%
GEO	F	-0.02%
LYV	B	-0.02%
ASGN	D	-0.02%
ABCB	B	-0.02%
HUBG	C	-0.02%
CSTM	D	-0.02%
UMBF	B	-0.02%
TRN	C	-0.02%
BCO	B	-0.02%
POOL	C	-0.02%
ADNT	F	-0.02%
DK	F	-0.02%
XRX	F	-0.02%
XPO	D	-0.02%
OI	D	-0.02%
HOMB	B	-0.02%
DECK	C	-0.02%
HLF	F	-0.02%
CBT	B	-0.02%
PCH	C	-0.02%
LULU	D	-0.02%
AVA	B	-0.02%
NJR	B	-0.02%
GBCI	B	-0.02%
GDDY	C	-0.02%
KRG	B	-0.02%
TCBI	B	-0.02%
HE	F	-0.02%
SLVM	B	-0.02%
AVNT	B	-0.02%
PHIN	B	-0.02%
ALE	A	-0.02%
PNM	B	-0.02%
SM	D	-0.02%
ADSK	B	-0.02%
NAVI	C	-0.02%
ASB	D	-0.02%
SEM	D	-0.02%
NWE	A	-0.02%
BKU	C	-0.02%
DY	B	-0.02%
ESNT	B	-0.02%
MLI	B	-0.02%
HWC	D	-0.02%
SR	B	-0.02%
LII	B	-0.02%
SCCO	D	-0.02%
TGNA	C	-0.02%
CADE	B	-0.02%
OGS	B	-0.02%
LNW	B	-0.02%
CHKP	C	-0.02%
UFPI	C	-0.02%
CDNS	D	-0.02%
DASH	C	-0.02%
MHO	B	-0.02%
MAC	B	-0.02%
IT	B	-0.02%
DEI	B	-0.02%
UBSI	B	-0.02%
ONB	C	-0.02%
BCC	C	-0.02%
LPLA	D	-0.02%
CNX	A	-0.02%
ABM	D	-0.02%
CWK	B	-0.02%
MELI	B	-0.02%
SSB	B	-0.02%
RUN	C	-0.02%
FL	D	-0.02%
CMC	D	-0.02%
VLY	C	-0.02%
NSIT	C	-0.02%
BKH	B	-0.02%
RDN	B	-0.02%
GNW	B	-0.02%
SBRA	B	-0.02%
BXMT	C	-0.02%
MUR	D	-0.02%
SWX	C	-0.02%
BECN	D	-0.02%
CNO	B	-0.02%
ODFL	C	-0.02%
SPOT	B	-0.02%
PARR	F	-0.01%
SMCI	F	-0.01%
NUS	F	-0.01%
HEI	B	-0.01%
AMR	F	-0.01%
CBRL	D	-0.01%
GTN	D	-0.01%
DXCM	F	-0.01%
SNOW	F	-0.01%
ARCB	D	-0.01%
HTZ	D	-0.01%
XP	D	-0.01%
HEI	B	-0.01%
BXC	D	-0.01%
STNE	F	-0.01%
ATKR	F	-0.01%
ODP	F	-0.01%
JELD	D	-0.01%
RLJ	D	-0.01%
CABO	F	-0.01%
IGT	D	-0.01%
LGIH	C	-0.01%
DIOD	F	-0.01%
TROX	F	-0.01%
OPEN	D	-0.01%
URBN	D	-0.01%
GTLS	F	-0.01%
CRC	C	-0.01%
AMN	F	-0.01%
AXL	F	-0.01%
BGS	D	-0.01%
MLKN	D	-0.01%
OPCH	C	-0.01%
NSP	D	-0.01%
DRH	C	-0.01%
APAM	C	-0.01%
PDCO	F	-0.01%
UVV	D	-0.01%
CXW	F	-0.01%
ARCH	F	-0.01%
HPP	D	-0.01%
ARI	F	-0.01%
KMT	B	-0.01%
PPBI	D	-0.01%
TEX	D	-0.01%
HRI	C	-0.01%
TPX	C	-0.01%
FTNT	C	-0.01%
OMI	D	-0.01%
ANDE	D	-0.01%
GEF	D	-0.01%
ABNB	D	-0.01%
UNIT	C	-0.01%
UCBI	B	-0.01%
PMT	B	-0.01%
VSH	D	-0.01%
LXP	B	-0.01%
TTMI	D	-0.01%
FIBK	B	-0.01%
AIT	C	-0.01%
INDB	C	-0.01%
AUB	C	-0.01%
SBH	B	-0.01%
DAN	F	-0.01%
ENTG	D	-0.01%
FFBC	C	-0.01%
SIGI	C	-0.01%
VSAT	F	-0.01%
ALIT	D	-0.01%
ABR	B	-0.01%
PECO	B	-0.01%
CCS	B	-0.01%
CATY	B	-0.01%
FUL	D	-0.01%
LCII	C	-0.01%
WERN	D	-0.01%
AEO	D	-0.01%
KNF	B	-0.01%
MC	B	-0.01%
GHC	C	-0.01%
ASO	C	-0.01%
ENS	C	-0.01%
PFSI	B	-0.01%
ARES	B	-0.01%
RUSHA	C	-0.01%
UNFI	C	-0.01%
REZI	D	-0.01%
HCC	F	-0.01%
GRAB	B	-0.01%
TXRH	D	-0.01%
RXO	D	-0.01%
JBGS	B	-0.01%
SFNC	B	-0.01%
BDN	B	-0.01%
IDXX	C	-0.01%
HP	D	-0.01%
WDAY	D	-0.01%
NOMD	B	-0.01%
SEDG	F	-0.0%
HELE	D	-0.0%