IWS vs. RWK ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to RevenueShares Mid Cap (RWK)

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

$131.68

Average Daily Volume

299,450

Number of Holdings ^*

705

* may have additional holdings in another (foreign) market

RWK

RevenueShares Mid Cap

RWK Description

The investment seeks outperform the total return performance of the S&P MidCap 400® Index, the fund's benchmark index (the "Benchmark Index"). The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Mid Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of mid capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$116.22

Average Daily Volume

32,285

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	IWS	RWK
30 Days	3.99%	3.41%
60 Days	5.45%	3.34%
90 Days	8.99%	5.39%
12 Months	24.45%	23.42%

266 Overlapping Holdings

	Symbol	Grade	Weight in IWS	Weight in RWK	Overlap
	AA	D	0.09%	0.41%	0.09%
	ACHC	C	0.08%	0.16%	0.08%
	ACM	B	0.15%	0.8%	0.15%
	ADC	C	0.09%	0.03%	0.03%
	AFG	B	0.11%	0.4%	0.11%
	AGCO	D	0.07%	0.56%	0.07%
	ALGM	F	0.02%	0.04%	0.02%
	ALLY	F	0.09%	0.64%	0.09%
	AM	C	0.04%	0.05%	0.04%
	AMED	C	0.04%	0.11%	0.04%
	AMG	C	0.06%	0.11%	0.06%
	AMH	C	0.16%	0.09%	0.09%
	AMKR	F	0.04%	0.25%	0.04%
	AN	D	0.05%	1.23%	0.05%
	AR	F	0.09%	0.16%	0.09%
	ARMK	B	0.11%	0.98%	0.11%
	ARW	C	0.08%	1.39%	0.08%
	ASH	D	0.05%	0.09%	0.05%
	ATR	B	0.12%	0.17%	0.12%
	AVT	C	0.05%	1.1%	0.05%
	AXTA	B	0.09%	0.24%	0.09%
	AYI	B	0.09%	0.18%	0.09%
	AZTA	F	0.03%	0.03%	0.03%
	BC	C	0.06%	0.28%	0.06%
	BERY	B	0.09%	0.63%	0.09%
	BHF	F	0.03%	0.14%	0.03%
	BJ	D	0.12%	0.87%	0.12%
	BLD	D	0.13%	0.22%	0.13%
	BMRN	F	0.18%	0.12%	0.12%
	BRBR	C	0.09%	0.09%	0.09%
	BRKR	D	0.03%	0.14%	0.03%
	BRX	B	0.1%	0.07%	0.07%
	BWXT	D	0.08%	0.13%	0.08%
	BYD	C	0.05%	0.19%	0.05%
	CACC	F	0.01%	0.06%	0.01%
	CACI	B	0.12%	0.38%	0.12%
	CAR	F	0.01%	0.37%	0.01%
	CASY	D	0.13%	0.71%	0.13%
	CBSH	C	0.09%	0.11%	0.09%
	CC	F	0.03%	0.19%	0.03%
	CCK	A	0.12%	0.63%	0.12%
	CFR	C	0.07%	0.14%	0.07%
	CG	D	0.1%	0.14%	0.1%
	CGNX	F	0.07%	0.03%	0.03%
	CHE	C	0.09%	0.11%	0.09%
	CHH	C	0.01%	0.08%	0.01%
	CHK	D	0.11%	0.18%	0.11%
	CHRD	F	0.09%	0.15%	0.09%
	CIEN	C	0.09%	0.22%	0.09%
	CIVI	F	0.04%	0.16%	0.04%
	CLF	F	0.04%	0.77%	0.04%
	CLH	A	0.15%	0.28%	0.15%
	CNM	F	0.03%	0.26%	0.03%
	CNXC	F	0.04%	0.42%	0.04%
	COHR	C	0.12%	0.23%	0.12%
	COKE	C	0.09%	0.39%	0.09%
	COLB	B	0.06%	0.18%	0.06%
	COLM	C	0.03%	0.16%	0.03%
	COTY	F	0.04%	0.26%	0.04%
	CPRI	D	0.05%	0.3%	0.05%
	CR	C	0.09%	0.11%	0.09%
	CRI	D	0.03%	0.15%	0.03%
	CROX	D	0.07%	0.15%	0.07%
	CRUS	D	0.08%	0.09%	0.08%
	CSL	B	0.19%	0.23%	0.19%
	CUBE	C	0.14%	0.06%	0.06%
	CUZ	B	0.05%	0.05%	0.05%
	CW	B	0.14%	0.15%	0.14%
	DAR	F	0.06%	0.29%	0.06%
	DBX	D	0.05%	0.13%	0.05%
	DCI	C	0.1%	0.16%	0.1%
	DINO	F	0.08%	1.24%	0.08%
	DKS	D	0.13%	0.6%	0.13%
	DLB	F	0.05%	0.05%	0.05%
	DOCS	B	0.05%	0.03%	0.03%
	DTM	B	0.09%	0.05%	0.05%
	EEFT	D	0.05%	0.16%	0.05%
	EGP	B	0.1%	0.03%	0.03%
	EHC	C	0.11%	0.25%	0.11%
	ELS	C	0.16%	0.08%	0.08%
	EME	B	0.13%	0.63%	0.13%
	ENOV	D	0.03%	0.08%	0.03%
	EPR	B	0.04%	0.04%	0.04%
	ESAB	C	0.06%	0.14%	0.06%
	EVR	A	0.1%	0.14%	0.1%
	EWBC	D	0.13%	0.21%	0.13%
	EXEL	C	0.01%	0.1%	0.01%
	EXP	B	0.03%	0.12%	0.03%
	FAF	B	0.08%	0.34%	0.08%
	FCN	D	0.09%	0.18%	0.09%
	FHN	D	0.1%	0.25%	0.1%
	FIVE	D	0.01%	0.14%	0.01%
	FLO	C	0.05%	0.24%	0.05%
	FLS	D	0.07%	0.2%	0.07%
	FNB	C	0.06%	0.12%	0.06%
	FND	C	0.09%	0.19%	0.09%
	FNF	B	0.18%	0.72%	0.18%
	FR	B	0.09%	0.03%	0.03%
	FYBR	C	0.1%	0.38%	0.1%
	G	C	0.08%	0.26%	0.08%
	GAP	F	0.05%	0.57%	0.05%
	GGG	C	0.16%	0.1%	0.1%
	GLPI	C	0.16%	0.08%	0.08%
	GME	F	0.06%	0.16%	0.06%
	GMED	D	0.09%	0.09%	0.09%
	GNTX	F	0.08%	0.09%	0.08%
	GPK	B	0.1%	0.47%	0.1%
	GXO	D	0.07%	0.48%	0.07%
	H	C	0.06%	0.33%	0.06%
	HLI	B	0.08%	0.1%	0.08%
	HOG	C	0.05%	0.29%	0.05%
	HRB	C	0.08%	0.21%	0.08%
	HXL	F	0.06%	0.08%	0.06%
	IBKR	B	0.15%	0.4%	0.15%
	IDA	C	0.06%	0.09%	0.06%
	ILMN	C	0.24%	0.24%	0.24%
	INGR	B	0.1%	0.44%	0.1%
	IPGP	F	0.02%	0.04%	0.02%
	IRDM	D	0.03%	0.04%	0.03%
	ITT	B	0.13%	0.17%	0.13%
	JAZZ	D	0.08%	0.17%	0.08%
	JEF	B	0.09%	0.51%	0.09%
	JHG	B	0.05%	0.11%	0.05%
	JLL	B	0.1%	1.21%	0.1%
	JWN	C	0.03%	0.74%	0.03%
	KBR	D	0.09%	0.32%	0.09%
	KD	D	0.06%	0.67%	0.06%
	KEX	C	0.08%	0.15%	0.08%
	KMPR	D	0.04%	0.23%	0.04%
	KNX	C	0.1%	0.38%	0.1%
	KRC	C	0.05%	0.06%	0.05%
	LAD	D	0.09%	1.63%	0.09%
	LAMR	B	0.1%	0.11%	0.1%
	LEA	F	0.07%	0.99%	0.07%
	LECO	F	0.08%	0.19%	0.08%
	LFUS	C	0.07%	0.1%	0.07%
	LITE	B	0.04%	0.08%	0.04%
	LOPE	D	0.03%	0.05%	0.03%
	LPX	B	0.02%	0.13%	0.02%
	LSCC	D	0.01%	0.02%	0.01%
	LSTR	D	0.08%	0.24%	0.08%
	M	F	0.05%	0.88%	0.05%
	MAN	C	0.04%	0.84%	0.04%
	MASI	F	0.03%	0.08%	0.03%
	MAT	C	0.07%	0.27%	0.07%
	MDU	C	0.06%	0.22%	0.06%
	MIDD	D	0.08%	0.19%	0.08%
	MKSI	F	0.08%	0.14%	0.08%
	MP	D	0.02%	0.01%	0.01%
	MSA	D	0.08%	0.08%	0.08%
	MSM	D	0.04%	0.19%	0.04%
	MTDR	F	0.06%	0.13%	0.06%
	MTG	B	0.08%	0.06%	0.06%
	MTN	D	0.01%	0.14%	0.01%
	MTSI	D	0.06%	0.03%	0.03%
	MTZ	B	0.08%	0.58%	0.08%
	NEU	D	0.04%	0.13%	0.04%
	NFG	B	0.06%	0.09%	0.06%
	NNN	C	0.1%	0.04%	0.04%
	NOV	F	0.07%	0.37%	0.07%
	NSA	B	0.04%	0.05%	0.04%
	NVST	D	0.04%	0.13%	0.04%
	NVT	D	0.13%	0.13%	0.13%
	NXST	D	0.04%	0.25%	0.04%
	NYT	C	0.1%	0.12%	0.1%
	OC	D	0.16%	0.41%	0.16%
	OGE	C	0.09%	0.14%	0.09%
	OHI	B	0.11%	0.06%	0.06%
	OLED	C	0.06%	0.03%	0.03%
	OLLI	C	0.07%	0.11%	0.07%
	OLN	D	0.06%	0.26%	0.06%
	ONTO	D	0.08%	0.03%	0.03%
	ORI	B	0.1%	0.41%	0.1%
	OSK	F	0.08%	0.43%	0.08%
	OVV	F	0.12%	0.42%	0.12%
	OZK	D	0.05%	0.12%	0.05%
	PAG	D	0.03%	1.42%	0.03%
	PB	B	0.08%	0.1%	0.08%
	PFGC	B	0.11%	2.9%	0.11%
	PII	D	0.05%	0.4%	0.05%
	PK	D	0.03%	0.12%	0.03%
	PLNT	B	0.04%	0.06%	0.04%
	PNFP	B	0.08%	0.16%	0.08%
	POST	C	0.07%	0.41%	0.07%
	PPC	D	0.02%	0.97%	0.02%
	PR	F	0.08%	0.15%	0.08%
	PRGO	D	0.04%	0.21%	0.04%
	PRI	B	0.1%	0.16%	0.1%
	PSTG	F	0.02%	0.1%	0.02%
	PVH	F	0.06%	0.35%	0.06%
	R	A	0.07%	0.63%	0.07%
	RBC	C	0.09%	0.08%	0.08%
	RCM	C	0.03%	0.12%	0.03%
	REXR	C	0.12%	0.04%	0.04%
	RGA	C	0.16%	1.01%	0.16%
	RGEN	D	0.08%	0.03%	0.03%
	RGLD	C	0.11%	0.03%	0.03%
	RH	B	0.04%	0.16%	0.04%
	RLI	B	0.07%	0.08%	0.07%
	RNR	C	0.15%	0.51%	0.15%
	RPM	B	0.14%	0.37%	0.14%
	RRC	D	0.08%	0.09%	0.08%
	RRX	C	0.12%	0.33%	0.12%
	RS	D	0.18%	0.67%	0.18%
	RYN	C	0.05%	0.05%	0.05%
	SAIA	D	0.05%	0.13%	0.05%
	SAIC	C	0.08%	0.4%	0.08%
	SAM	F	0.02%	0.09%	0.02%
	SCI	B	0.13%	0.21%	0.13%
	SEIC	C	0.08%	0.09%	0.08%
	SF	A	0.1%	0.26%	0.1%
	SHC	C	0.03%	0.07%	0.03%
	SKX	D	0.09%	0.35%	0.09%
	SLGN	B	0.05%	0.31%	0.05%
	SLM	D	0.05%	0.15%	0.05%
	SMG	C	0.03%	0.16%	0.03%
	SNV	C	0.08%	0.19%	0.08%
	SNX	D	0.1%	2.24%	0.1%
	SON	C	0.06%	0.29%	0.06%
	SRCL	A	0.07%	0.13%	0.07%
	SSD	D	0.08%	0.11%	0.08%
	ST	D	0.06%	0.17%	0.06%
	STAG	C	0.08%	0.04%	0.04%
	STWD	A	0.07%	0.1%	0.07%
	SWN	D	0.08%	0.24%	0.08%
	THC	A	0.18%	1.11%	0.18%
	THG	B	0.06%	0.34%	0.06%
	THO	D	0.06%	0.51%	0.06%
	TKO	B	0.09%	0.11%	0.09%
	TKR	D	0.06%	0.21%	0.06%
	TNL	D	0.03%	0.17%	0.03%
	TOL	B	0.18%	0.59%	0.18%
	TTC	D	0.1%	0.18%	0.1%
	TTEK	C	0.11%	0.25%	0.11%
	UA	D	0.02%	0.14%	0.02%
	UAA	C	0.02%	0.14%	0.02%
	UGI	C	0.06%	0.37%	0.06%
	UNM	B	0.12%	0.66%	0.12%
	USFD	B	0.16%	1.91%	0.16%
	UTHR	C	0.17%	0.14%	0.14%
	VAC	F	0.03%	0.18%	0.03%
	VMI	D	0.06%	0.19%	0.06%
	VNO	C	0.07%	0.12%	0.07%
	VNT	F	0.06%	0.12%	0.06%
	VOYA	B	0.09%	0.38%	0.09%
	WBS	D	0.09%	0.21%	0.09%
	WCC	D	0.08%	0.96%	0.08%
	WEN	C	0.02%	0.1%	0.02%
	WEX	C	0.09%	0.14%	0.09%
	WH	B	0.06%	0.07%	0.06%
	WHR	D	0.06%	0.93%	0.06%
	WLK	D	0.05%	0.52%	0.05%
	WMS	D	0.07%	0.11%	0.07%
	WOLF	F	0.01%	0.01%	0.01%
	WPC	C	0.16%	0.09%	0.09%
	WSM	D	0.09%	0.32%	0.09%
	WSO	C	0.19%	0.34%	0.19%
	WTFC	C	0.08%	0.19%	0.08%
	WTRG	D	0.11%	0.09%	0.09%
	WU	F	0.03%	0.2%	0.03%
	WWD	D	0.11%	0.14%	0.11%
	X	F	0.09%	0.79%	0.09%
	XRAY	D	0.06%	0.18%	0.06%
	YETI	D	0.03%	0.07%	0.03%
	ZI	D	0.04%	0.05%	0.04%
	ZION	D	0.08%	0.24%	0.08%

IWS Overweight 439 Positions Relative to RWK

	Symbol	Grade	Weight
	AFL	C	0.71%
	AJG	D	0.69%
	DHI	B	0.66%
	WMB	B	0.63%
	O	C	0.62%
	OKE	B	0.61%
	DLR	B	0.59%
	BK	B	0.59%
	CCI	C	0.59%
	FIS	B	0.54%
	KVUE	C	0.51%
	LEN	B	0.51%
	LHX	C	0.5%
	GIS	B	0.48%
	ALL	B	0.48%
	PRU	C	0.48%
	PEG	C	0.48%
	PCG	C	0.48%
	KMI	B	0.47%
	MCHP	F	0.47%
	CMI	C	0.47%
	CNC	D	0.46%
	EXC	C	0.46%
	A	C	0.46%
	ACGL	C	0.46%
	EA	D	0.45%
	ROST	C	0.45%
	SPG	B	0.45%
	CTVA	B	0.45%
	OTIS	C	0.44%
	IQV	C	0.44%
	CTSH	C	0.44%
	AME	C	0.44%
	HUM	F	0.44%
	EXR	B	0.43%
	CBRE	A	0.42%
	FERG	D	0.42%
	IR	C	0.42%
	URI	B	0.42%
	KR	C	0.42%
	VICI	C	0.41%
	XEL	B	0.41%
	HWM	B	0.41%
	ED	C	0.41%
	NUE	F	0.4%
	DOW	D	0.4%
	DD	B	0.39%
	HIG	B	0.39%
	DFS	C	0.38%
	BKR	C	0.38%
	AVB	B	0.38%
	GEHC	C	0.38%
	CHTR	D	0.37%
	CSGP	D	0.37%
	EBAY	B	0.37%
	EIX	C	0.37%
	GLW	C	0.37%
	XYL	D	0.36%
	NDAQ	A	0.35%
	MLM	D	0.35%
	WEC	C	0.35%
	FANG	D	0.35%
	ON	D	0.35%
	EQR	B	0.34%
	WAB	A	0.34%
	WTW	C	0.34%
	PPG	D	0.34%
	ADM	D	0.34%
	EFX	B	0.34%
	BIIB	F	0.33%
	FITB	B	0.33%
	AWK	B	0.33%
	DAL	C	0.33%
	PHM	B	0.33%
	MTD	D	0.33%
	ANSS	D	0.32%
	NVR	B	0.32%
	PAYX	C	0.32%
	MTB	B	0.32%
	GPN	D	0.32%
	GRMN	D	0.31%
	ETR	B	0.31%
	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%
	STT	B	0.29%
	DOV	B	0.29%
	CHD	D	0.29%
	HSY	C	0.29%
	TTWO	C	0.29%
	FE	C	0.29%
	STE	C	0.28%
	LYB	D	0.28%
	FSLR	C	0.28%
	HAL	F	0.28%
	HPQ	D	0.28%
	DVN	F	0.28%
	YUM	D	0.27%
	VMC	D	0.27%
	WY	C	0.27%
	ES	C	0.27%
	PPL	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%
	ZBH	F	0.25%
	FCNCA	D	0.25%
	CBOE	C	0.25%
	HPE	D	0.25%
	ATO	B	0.24%
	BALL	C	0.24%
	SQ	D	0.24%
	WBD	D	0.24%
	MSTR	D	0.24%
	CMS	C	0.24%
	HBAN	B	0.24%
	CINF	C	0.24%
	LDOS	B	0.24%
	MKC	C	0.24%
	K	B	0.24%
	WDC	D	0.24%
	BBY	C	0.24%
	BLDR	C	0.23%
	ESS	B	0.23%
	TDY	B	0.23%
	LNG	C	0.23%
	BAX	C	0.23%
	RF	B	0.23%
	SYF	C	0.22%
	PFG	B	0.22%
	GPC	D	0.22%
	MAA	B	0.22%
	OMC	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%
	CFG	C	0.21%
	DG	F	0.21%
	LH	C	0.21%
	HOLX	C	0.21%
	PKG	B	0.21%
	APTV	D	0.21%
	DGX	B	0.2%
	LUV	C	0.2%
	CCL	C	0.2%
	TSN	C	0.2%
	MAS	B	0.2%
	CNP	C	0.2%
	SSNC	B	0.19%
	SWKS	D	0.19%
	UAL	C	0.19%
	TXT	D	0.19%
	STLD	F	0.19%
	IP	B	0.19%
	ZM	C	0.19%
	CTRA	F	0.19%
	CAG	C	0.18%
	MKL	C	0.18%
	UDR	C	0.18%
	SWK	B	0.18%
	AMCR	B	0.18%
	KIM	C	0.18%
	DOC	C	0.18%
	SYY	D	0.17%
	SNA	C	0.17%
	IRM	C	0.17%
	HOOD	C	0.17%
	CDW	D	0.17%
	CF	C	0.17%
	VRSN	D	0.17%
	AKAM	D	0.17%
	GEN	B	0.17%
	MRO	D	0.17%
	VLTO	C	0.17%
	RVTY	B	0.17%
	KEY	B	0.17%
	IEX	D	0.17%
	PNR	B	0.17%
	NI	B	0.17%
	LNT	B	0.17%
	ZBRA	B	0.16%
	EVRG	B	0.16%
	REG	C	0.16%
	BG	D	0.16%
	TRMB	C	0.16%
	VTRS	D	0.16%
	EG	C	0.16%
	BRO	C	0.16%
	JBHT	D	0.16%
	EXPD	C	0.16%
	NDSN	C	0.16%
	DLTR	F	0.16%
	L	C	0.16%
	JKHY	B	0.15%
	CPT	B	0.15%
	AES	C	0.15%
	NTAP	D	0.15%
	UHS	B	0.15%
	EMN	B	0.14%
	HST	C	0.14%
	FFIV	B	0.14%
	ALLE	B	0.14%
	JNPR	B	0.14%
	SJM	C	0.14%
	BXP	B	0.14%
	HES	F	0.14%
	FDS	C	0.13%
	RIVN	F	0.13%
	INCY	C	0.13%
	AVY	C	0.13%
	CAH	C	0.13%
	JBL	D	0.13%
	CHRW	B	0.13%
	KMX	D	0.13%
	TFX	C	0.13%
	SW	B	0.13%
	IPG	C	0.13%
	TECH	C	0.13%
	CRL	F	0.12%
	AIZ	B	0.12%
	ALB	D	0.12%
	NLY	B	0.12%
	PNW	C	0.12%
	HII	D	0.12%
	NTNX	C	0.12%
	CE	F	0.12%
	QRVO	F	0.12%
	NRG	C	0.12%
	FBIN	B	0.12%
	FTI	D	0.12%
	EPAM	F	0.12%
	CTLT	B	0.12%
	RPRX	C	0.12%
	LKQ	F	0.12%
	HRL	C	0.11%
	MTCH	C	0.11%
	FOXA	B	0.11%
	Z	B	0.11%
	MKTX	C	0.11%
	TAP	D	0.11%
	AOS	D	0.11%
	GL	C	0.11%
	CVNA	B	0.11%
	FRT	C	0.11%
	CPB	C	0.11%
	SOLV	C	0.11%
	TPR	C	0.11%
	DOX	C	0.11%
	NWSA	D	0.11%
	FWONK	C	0.11%
	AFRM	C	0.11%
	TWLO	D	0.1%
	MHK	C	0.1%
	CZR	C	0.1%
	MOS	F	0.1%
	WST	D	0.1%
	APA	F	0.1%
	WAL	B	0.1%
	MGM	F	0.1%
	HSIC	C	0.1%
	CNH	D	0.1%
	DRI	B	0.1%
	DPZ	F	0.1%
	WAT	C	0.09%
	ALGN	D	0.09%
	ATI	D	0.09%
	ALSN	B	0.09%
	CMA	B	0.09%
	MOH	D	0.09%
	GWRE	A	0.09%
	APG	D	0.09%
	FMC	C	0.09%
	DAY	D	0.09%
	ACI	F	0.09%
	ROKU	C	0.09%
	PTC	D	0.09%
	TW	B	0.09%
	COLD	D	0.09%
	WBA	F	0.08%
	SOFI	C	0.08%
	RL	C	0.08%
	BFAM	C	0.08%
	FICO	B	0.08%
	HR	C	0.08%
	ELAN	D	0.08%
	AGNC	B	0.08%
	EXAS	C	0.08%
	BWA	D	0.08%
	WYNN	D	0.08%
	BEN	F	0.07%
	ESI	D	0.07%
	IVZ	B	0.07%
	RITM	B	0.07%
	SIRI	C	0.07%
	AZPN	B	0.07%
	BBWI	F	0.07%
	AXS	B	0.07%
	PARA	F	0.07%
	FAST	C	0.07%
	BIO	C	0.07%
	LW	D	0.07%
	OKTA	F	0.07%
	BPOP	C	0.07%
	CART	A	0.07%
	VFC	C	0.07%
	RHI	D	0.07%
	AAL	D	0.07%
	CCCS	D	0.06%
	FOX	B	0.06%
	LNC	D	0.06%
	WSC	D	0.06%
	LBRDK	F	0.06%
	COIN	F	0.06%
	ALK	C	0.06%
	OGN	D	0.06%
	OMF	D	0.06%
	SN	B	0.06%
	GWW	B	0.06%
	SITE	C	0.05%
	BILL	D	0.05%
	UHAL	A	0.05%
	ROIV	C	0.05%
	GNRC	D	0.05%
	W	D	0.05%
	S	C	0.05%
	WTM	D	0.05%
	AGO	C	0.05%
	FRPT	B	0.05%
	PSN	B	0.05%
	AL	D	0.05%
	PAYC	D	0.04%
	NWS	D	0.04%
	NWL	C	0.04%
	U	D	0.04%
	LBTYA	B	0.04%
	SPR	D	0.04%
	HIW	B	0.04%
	LCID	C	0.04%
	MSGS	B	0.04%
	LBTYK	B	0.04%
	GTES	C	0.04%
	DNB	C	0.04%
	TPG	B	0.04%
	HUN	D	0.04%
	AWI	B	0.04%
	TYL	C	0.04%
	ALNY	C	0.04%
	MPW	C	0.04%
	DXC	C	0.04%
	IAC	C	0.04%
	GFS	F	0.04%
	AMP	A	0.04%
	BR	D	0.03%
	KSS	F	0.03%
	ETSY	F	0.03%
	BOKF	B	0.03%
	HHH	C	0.03%
	PINC	C	0.03%
	ULTA	D	0.03%
	CWEN	C	0.03%
	AAP	F	0.03%
	QDEL	D	0.03%
	AGR	B	0.03%
	SEE	D	0.03%
	CLVT	D	0.03%
	VIRT	C	0.03%
	SPB	C	0.03%
	RKT	C	0.03%
	VNOM	C	0.03%
	ZG	B	0.03%
	CXT	D	0.03%
	FHB	D	0.03%
	PENN	D	0.03%
	SNDR	B	0.02%
	TRIP	F	0.02%
	GO	F	0.02%
	INFA	D	0.02%
	LEG	D	0.02%
	FTRE	D	0.02%
	AS	C	0.02%
	REYN	C	0.02%
	TER	D	0.02%
	BIRK	F	0.02%
	BROS	D	0.02%
	LLYVK	B	0.02%
	HAYW	C	0.02%
	AZEK	C	0.02%
	VSTS	D	0.02%
	LEN	B	0.02%
	ADT	D	0.02%
	GLOB	D	0.02%
	QS	F	0.02%
	LAZ	B	0.01%
	UI	B	0.01%
	IONS	F	0.01%
	PLTK	C	0.01%
	TFSL	C	0.01%
	PATH	D	0.01%
	HCP	B	0.01%
	LBRDA	F	0.01%
	LLYVA	B	0.01%
	TXG	D	0.01%
	SEB	D	0.01%
	PYCR	D	0.01%
	ALAB	D	0.01%
	NCNO	D	0.01%
	CWEN	C	0.01%
	DV	F	0.01%
	DDS	F	0.01%
	FWONA	C	0.01%
	HAS	B	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%
	UHAL	A	0.0%
	UWMC	D	0.0%
	GRAL	F	0.0%
	NFE	F	0.0%
	DJT	F	0.0%

IWS Underweight 122 Positions Relative to RWK

	Symbol	Grade	Weight
	PBF	F	-1.26%
	MUSA	D	-1.13%
	FLR	D	-0.72%
	GT	F	-0.61%
	EQH	C	-0.61%
	BURL	B	-0.56%
	ADNT	F	-0.56%
	SFM	B	-0.44%
	ALV	F	-0.43%
	TMHC	A	-0.41%
	CMC	D	-0.39%
	XPO	D	-0.38%
	KBH	A	-0.36%
	UFPI	C	-0.34%
	FIX	B	-0.28%
	NSP	F	-0.28%
	WMG	D	-0.27%
	CNO	B	-0.25%
	LII	B	-0.25%
	BCO	B	-0.25%
	MMS	C	-0.24%
	GEF	D	-0.24%
	SWX	C	-0.24%
	AIT	A	-0.23%
	ERIE	B	-0.23%
	TPX	C	-0.23%
	TEX	F	-0.23%
	OPCH	C	-0.23%
	GHC	B	-0.22%
	ASGN	D	-0.21%
	RBA	B	-0.21%
	TXRH	C	-0.21%
	WFRD	F	-0.2%
	VLY	C	-0.2%
	SIGI	D	-0.2%
	CBT	B	-0.19%
	HGV	F	-0.18%
	VC	F	-0.16%
	AVNT	B	-0.16%
	KNF	B	-0.16%
	ENS	D	-0.16%
	CHX	F	-0.16%
	LNW	B	-0.16%
	UMBF	B	-0.15%
	POR	C	-0.15%
	SSB	B	-0.14%
	GTLS	F	-0.14%
	MUR	F	-0.14%
	ONB	C	-0.14%
	TGNA	D	-0.14%
	CADE	C	-0.13%
	SR	B	-0.13%
	BDC	B	-0.12%
	CHDN	C	-0.12%
	VSH	F	-0.12%
	MORN	C	-0.11%
	BKH	B	-0.11%
	OGS	B	-0.11%
	EXLS	B	-0.1%
	ASB	D	-0.1%
	TCBI	B	-0.1%
	HWC	D	-0.1%
	WTS	C	-0.1%
	NJR	B	-0.09%
	PNM	B	-0.09%
	MEDP	F	-0.08%
	ALE	B	-0.08%
	FHI	A	-0.08%
	NBIX	F	-0.08%
	LANC	D	-0.08%
	LNTH	D	-0.08%
	UBSI	B	-0.08%
	VAL	F	-0.07%
	GBCI	B	-0.07%
	SRPT	D	-0.07%
	AAON	B	-0.07%
	VVV	D	-0.07%
	CNX	B	-0.07%
	PCTY	C	-0.07%
	TDC	F	-0.07%
	GATX	D	-0.07%
	DT	C	-0.07%
	HOMB	B	-0.07%
	KNSL	C	-0.07%
	NWE	B	-0.07%
	BLKB	C	-0.06%
	ESNT	B	-0.06%
	KRG	B	-0.05%
	HALO	C	-0.05%
	CVLT	B	-0.05%
	LIVN	D	-0.05%
	PCH	C	-0.05%
	IBOC	D	-0.05%
	MANH	B	-0.05%
	HELE	D	-0.05%
	HAE	F	-0.05%
	PEN	D	-0.05%
	ZD	D	-0.05%
	IRT	B	-0.04%
	CELH	F	-0.04%
	NEOG	D	-0.04%
	SBRA	C	-0.04%
	FFIN	B	-0.04%
	ORA	C	-0.04%
	TREX	D	-0.04%
	NOVT	D	-0.04%
	PGNY	F	-0.04%
	HQY	C	-0.04%
	ALTR	D	-0.03%
	SLAB	D	-0.03%
	EXPO	B	-0.03%
	ELF	F	-0.03%
	APPF	D	-0.03%
	DUOL	B	-0.03%
	SYNA	F	-0.03%
	TPL	B	-0.03%
	POWI	F	-0.02%
	WING	B	-0.02%
	QLYS	F	-0.02%
	ARWR	F	-0.01%
	RMBS	F	-0.01%
	CYTK	F	-0.0%

IWS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Oil & Gas E&P Utilities - Regulated Electric 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

RWK: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Diversified Industrials Biotechnology Business Services Software - Application Semiconductors Building Materials Packaging & Containers Specialty Chemicals Asset Management Engineering & Construction Specialty Retail Apparel Manufacturing Diagnostics & Research Medical Care Packaged Foods REIT - Diversified REIT - Industrial Scientific & Technical Instruments

Keywords: Bank Banking Mining Natural Gas Chemical Insurance Real Estate Investment Trust Electronics Aerospace Semiconductor Beverage Computing Construction Supply Chain Management Telecommunications Deposit Products Commercial Banking Insurance Products Building Materials Electricity