IWS vs. STRV ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Strive 500 ETF (STRV)

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

$135.59

Average Daily Volume

271,207

Number of Holdings ^*

706

* may have additional holdings in another (foreign) market

STRV

Strive 500 ETF

STRV Description

Under normal circumstances, substantially all of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The Sub-Adviser expects that, over time, the correlation between the fund"s performance and that of the index, before fees and expenses, will be 95% or higher.

Grade (RS Rating)

Last Trade

$38.37

Average Daily Volume

63,843

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

Performance

Period	IWS	STRV
30 Days	2.24%	2.34%
60 Days	5.83%	6.96%
90 Days	8.58%	8.80%
12 Months	30.58%	35.25%

242 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in STRV	Overlap
A	F	0.43%	0.08%	0.08%
ACGL	D	0.4%	0.07%	0.07%
ADM	F	0.27%	0.06%	0.06%
AEE	A	0.26%	0.04%	0.04%
AES	F	0.1%	0.02%	0.02%
AFL	C	0.66%	0.12%	0.12%
AGR	C	0.03%	0.0%	0.0%
AJG	A	0.64%	0.12%	0.12%
AKAM	F	0.15%	0.03%	0.03%
ALGN	F	0.07%	0.03%	0.03%
ALL	A	0.47%	0.1%	0.1%
ALNY	D	0.04%	0.08%	0.04%
AMCR	D	0.16%	0.03%	0.03%
AME	A	0.48%	0.1%	0.1%
AMP	A	0.05%	0.1%	0.05%
ANSS	B	0.32%	0.06%	0.06%
APTV	D	0.17%	0.03%	0.03%
ARE	F	0.21%	0.04%	0.04%
ATO	A	0.23%	0.04%	0.04%
AVB	A	0.36%	0.06%	0.06%
AVTR	F	0.17%	0.03%	0.03%
AWK	D	0.29%	0.05%	0.05%
BALL	D	0.2%	0.04%	0.04%
BAX	F	0.19%	0.03%	0.03%
BBY	D	0.21%	0.03%	0.03%
BIIB	F	0.27%	0.05%	0.05%
BK	B	0.62%	0.11%	0.11%
BKR	B	0.47%	0.08%	0.08%
BLDR	D	0.21%	0.05%	0.05%
BMRN	F	0.14%	0.02%	0.02%
BR	A	0.03%	0.06%	0.03%
BRO	A	0.16%	0.05%	0.05%
CAG	F	0.15%	0.03%	0.03%
CAH	A	0.13%	0.05%	0.05%
CBOE	D	0.22%	0.04%	0.04%
CBRE	A	0.45%	0.07%	0.07%
CCI	F	0.5%	0.09%	0.09%
CCL	A	0.26%	0.05%	0.05%
CDW	F	0.14%	0.05%	0.05%
CE	F	0.07%	0.03%	0.03%
CF	B	0.17%	0.03%	0.03%
CFG	B	0.22%	0.04%	0.04%
CHD	B	0.28%	0.05%	0.05%
CHTR	B	0.4%	0.08%	0.08%
CINF	A	0.25%	0.04%	0.04%
CMI	A	0.53%	0.1%	0.1%
CMS	C	0.22%	0.04%	0.04%
CNC	F	0.34%	0.07%	0.07%
CNP	B	0.21%	0.04%	0.04%
COIN	B	0.09%	0.09%	0.09%
CPB	F	0.09%	0.02%	0.02%
CSGP	D	0.34%	0.06%	0.06%
CTRA	B	0.2%	0.04%	0.04%
CTSH	A	0.43%	0.08%	0.08%
CTVA	C	0.44%	0.08%	0.08%
CVNA	B	0.19%	0.05%	0.05%
DAL	A	0.43%	0.02%	0.02%
DD	D	0.38%	0.06%	0.06%
DFS	B	0.47%	0.09%	0.09%
DG	F	0.18%	0.03%	0.03%
DGX	A	0.19%	0.03%	0.03%
DHI	F	0.54%	0.09%	0.09%
DLR	C	0.64%	0.1%	0.1%
DLTR	F	0.13%	0.02%	0.02%
DOV	A	0.3%	0.06%	0.06%
DOW	F	0.35%	0.07%	0.07%
DPZ	C	0.11%	0.02%	0.02%
DRI	B	0.1%	0.03%	0.03%
DTE	D	0.26%	0.04%	0.04%
DVN	F	0.27%	0.05%	0.05%
EA	A	0.46%	0.08%	0.08%
EBAY	C	0.34%	0.06%	0.06%
ED	D	0.37%	0.06%	0.06%
EFX	D	0.29%	0.06%	0.06%
EIX	C	0.34%	0.06%	0.06%
EPAM	B	0.13%	0.02%	0.02%
EQR	C	0.3%	0.05%	0.05%
EQT	B	0.25%	0.05%	0.05%
ES	D	0.23%	0.04%	0.04%
ESS	C	0.21%	0.04%	0.04%
ETR	B	0.34%	0.06%	0.06%
EVRG	A	0.15%	0.03%	0.03%
EXC	C	0.41%	0.07%	0.07%
EXPD	D	0.15%	0.03%	0.03%
EXR	D	0.38%	0.06%	0.06%
FANG	D	0.37%	0.06%	0.06%
FAST	A	0.08%	0.09%	0.08%
FCNCA	B	0.28%	0.05%	0.05%
FDS	A	0.13%	0.04%	0.04%
FE	D	0.26%	0.04%	0.04%
FICO	B	0.09%	0.09%	0.09%
FIS	B	0.54%	0.1%	0.1%
FITB	A	0.34%	0.06%	0.06%
FOX	A	0.06%	0.01%	0.01%
FOXA	A	0.11%	0.02%	0.02%
FSLR	F	0.22%	0.05%	0.05%
FTV	D	0.29%	0.05%	0.05%
GEHC	F	0.37%	0.08%	0.08%
GFS	C	0.05%	0.01%	0.01%
GIS	F	0.4%	0.07%	0.07%
GLW	C	0.4%	0.07%	0.07%
GPC	D	0.18%	0.03%	0.03%
GPN	B	0.31%	0.05%	0.05%
GRMN	A	0.36%	0.06%	0.06%
GWW	B	0.07%	0.1%	0.07%
HAL	C	0.28%	0.05%	0.05%
HBAN	B	0.27%	0.05%	0.05%
HES	C	0.15%	0.08%	0.08%
HIG	C	0.37%	0.07%	0.07%
HLT	A	0.32%	0.11%	0.11%
HOLX	D	0.19%	0.03%	0.03%
HPE	B	0.31%	0.05%	0.05%
HPQ	B	0.3%	0.07%	0.07%
HRL	F	0.1%	0.02%	0.02%
HSY	D	0.24%	0.05%	0.05%
HUBB	B	0.27%	0.05%	0.05%
HUM	D	0.38%	0.08%	0.08%
HWM	A	0.47%	0.09%	0.09%
IBKR	A	0.19%	0.03%	0.03%
IEX	B	0.19%	0.03%	0.03%
IFF	F	0.26%	0.04%	0.04%
ILMN	C	0.26%	0.05%	0.05%
INCY	B	0.14%	0.03%	0.03%
INVH	D	0.22%	0.04%	0.04%
IQV	F	0.38%	0.07%	0.07%
IR	A	0.45%	0.08%	0.08%
IRM	D	0.16%	0.06%	0.06%
J	B	0.2%	0.03%	0.03%
JBHT	B	0.17%	0.03%	0.03%
K	A	0.23%	0.04%	0.04%
KEYS	C	0.31%	0.05%	0.05%
KMI	B	0.56%	0.1%	0.1%
KR	A	0.43%	0.08%	0.08%
KVUE	B	0.49%	0.08%	0.08%
L	A	0.16%	0.03%	0.03%
LDOS	B	0.29%	0.05%	0.05%
LEN	D	0.45%	0.0%	0.0%
LEN	D	0.02%	0.0%	0.0%
LEN	D	0.02%	0.08%	0.02%
LEN	D	0.45%	0.08%	0.08%
LH	A	0.22%	0.05%	0.05%
LHX	A	0.53%	0.09%	0.09%
LNG	B	0.25%	0.08%	0.08%
LNT	C	0.16%	0.03%	0.03%
LUV	B	0.21%	0.01%	0.01%
LYB	F	0.24%	0.04%	0.04%
MAA	C	0.2%	0.04%	0.04%
MAS	D	0.19%	0.03%	0.03%
MCHP	F	0.42%	0.08%	0.08%
MGM	D	0.09%	0.02%	0.02%
MKC	D	0.21%	0.03%	0.03%
MKL	A	0.18%	0.05%	0.05%
MLM	B	0.39%	0.07%	0.07%
MOH	F	0.08%	0.04%	0.04%
MRO	B	0.17%	0.03%	0.03%
MSCI	B	0.21%	0.09%	0.09%
MSTR	B	0.43%	0.08%	0.08%
MTB	B	0.38%	0.07%	0.07%
MTD	F	0.3%	0.06%	0.06%
NDAQ	A	0.35%	0.07%	0.07%
NTAP	D	0.15%	0.05%	0.05%
NTRS	A	0.23%	0.04%	0.04%
NUE	C	0.41%	0.07%	0.07%
NVR	D	0.29%	0.06%	0.06%
O	D	0.54%	0.1%	0.1%
OKE	A	0.68%	0.12%	0.12%
OKTA	C	0.07%	0.02%	0.02%
OMC	B	0.22%	0.04%	0.04%
ON	F	0.33%	0.06%	0.06%
OTIS	C	0.44%	0.08%	0.08%
PAYX	B	0.33%	0.09%	0.09%
PCG	A	0.48%	0.08%	0.08%
PEG	C	0.46%	0.08%	0.08%
PFG	C	0.21%	0.04%	0.04%
PHM	D	0.3%	0.05%	0.05%
PPG	F	0.32%	0.05%	0.05%
PPL	A	0.27%	0.05%	0.05%
PRU	B	0.47%	0.09%	0.09%
PTC	B	0.1%	0.05%	0.05%
PWR	B	0.36%	0.09%	0.09%
RCL	A	0.38%	0.11%	0.11%
RF	B	0.26%	0.05%	0.05%
RIVN	D	0.1%	0.01%	0.01%
RJF	A	0.33%	0.06%	0.06%
RKT	F	0.02%	0.0%	0.0%
RMD	C	0.29%	0.07%	0.07%
ROK	B	0.31%	0.07%	0.07%
ROST	F	0.39%	0.09%	0.09%
RPRX	F	0.11%	0.02%	0.02%
RVTY	C	0.16%	0.02%	0.02%
SBAC	D	0.26%	0.05%	0.05%
SIRI	D	0.07%	0.01%	0.01%
SJM	F	0.13%	0.02%	0.02%
SPG	B	0.47%	0.1%	0.1%
SQ	B	0.26%	0.08%	0.08%
SSNC	C	0.17%	0.03%	0.03%
STE	F	0.23%	0.05%	0.05%
STLD	B	0.24%	0.05%	0.05%
STT	B	0.31%	0.05%	0.05%
SUI	D	0.17%	0.03%	0.03%
SW	C	0.29%	0.05%	0.05%
SWK	F	0.15%	0.03%	0.03%
SWKS	F	0.15%	0.03%	0.03%
SYF	B	0.27%	0.05%	0.05%
SYY	B	0.16%	0.07%	0.07%
TDY	A	0.24%	0.05%	0.05%
TER	F	0.02%	0.03%	0.02%
TRMB	B	0.19%	0.03%	0.03%
TROW	B	0.28%	0.05%	0.05%
TRU	D	0.21%	0.04%	0.04%
TSN	C	0.18%	0.03%	0.03%
TTWO	A	0.33%	0.05%	0.05%
TW	C	0.1%	0.04%	0.04%
TYL	B	0.04%	0.06%	0.04%
UAL	B	0.31%	0.01%	0.01%
UDR	C	0.16%	0.03%	0.03%
ULTA	C	0.03%	0.04%	0.03%
URI	B	0.48%	0.1%	0.1%
VICI	D	0.35%	0.06%	0.06%
VLTO	C	0.15%	0.04%	0.04%
VMC	B	0.31%	0.08%	0.08%
VRSN	C	0.16%	0.03%	0.03%
VTR	C	0.29%	0.05%	0.05%
WAB	A	0.38%	0.07%	0.07%
WAT	A	0.1%	0.04%	0.04%
WBD	B	0.24%	0.04%	0.04%
WDC	D	0.25%	0.04%	0.04%
WEC	B	0.33%	0.06%	0.06%
WLK	F	0.05%	0.01%	0.01%
WMB	B	0.74%	0.13%	0.13%
WPC	F	0.13%	0.02%	0.02%
WRB	B	0.19%	0.03%	0.03%
WSO	A	0.2%	0.03%	0.03%
WST	B	0.1%	0.05%	0.05%
WTW	A	0.35%	0.07%	0.07%
WY	F	0.25%	0.04%	0.04%
XEL	A	0.41%	0.07%	0.07%
XYL	D	0.33%	0.07%	0.07%
YUM	B	0.26%	0.07%	0.07%
ZBH	C	0.24%	0.04%	0.04%
ZBRA	A	0.17%	0.04%	0.04%
ZM	B	0.23%	0.03%	0.03%

IWS Overweight 466 Positions Relative to STRV

Symbol	Grade	Weight
FERG	B	0.42%
EXE	A	0.23%
PKG	B	0.23%
IP	C	0.22%
COO	D	0.22%
HOOD	B	0.22%
RS	B	0.2%
SNA	A	0.2%
PNR	A	0.19%
KEY	B	0.19%
UTHR	B	0.19%
CSL	B	0.19%
TXT	C	0.18%
KIM	A	0.18%
OC	A	0.18%
USFD	A	0.17%
VTRS	B	0.17%
THC	B	0.17%
FNF	C	0.17%
DOC	C	0.17%
TOL	C	0.17%
GEN	A	0.17%
NI	A	0.17%
EME	B	0.16%
COHR	B	0.16%
GGG	B	0.16%
CW	B	0.16%
RGA	A	0.16%
NDSN	B	0.16%
ACM	B	0.16%
REG	A	0.15%
RNR	D	0.15%
JBL	C	0.15%
EWBC	B	0.15%
FFIV	A	0.15%
HST	C	0.14%
ITT	A	0.14%
CPT	C	0.14%
CACI	C	0.14%
ALLE	D	0.14%
CASY	B	0.14%
CHRW	A	0.14%
TWLO	A	0.14%
JNPR	D	0.14%
NVT	B	0.14%
UNM	A	0.14%
BXP	D	0.14%
GLPI	D	0.14%
JKHY	C	0.14%
ELS	C	0.14%
RPM	A	0.14%
CLH	B	0.14%
EG	D	0.14%
ATR	A	0.13%
RRX	C	0.13%
Z	B	0.13%
ALB	B	0.13%
NRG	B	0.13%
TECH	B	0.13%
EMN	D	0.13%
BJ	B	0.13%
TPR	B	0.13%
UHS	D	0.13%
NTNX	B	0.13%
BG	D	0.13%
FTI	B	0.13%
SCI	B	0.13%
AMH	C	0.13%
CTLT	D	0.12%
BLD	F	0.12%
WWD	B	0.12%
AFRM	B	0.12%
FWONK	A	0.12%
FHN	A	0.12%
CUBE	D	0.12%
AIZ	A	0.12%
CCK	D	0.12%
CRL	C	0.12%
DAY	C	0.12%
KMX	C	0.12%
EVR	B	0.12%
AA	C	0.12%
IPG	F	0.12%
NWSA	B	0.12%
PFGC	B	0.12%
SOFI	B	0.12%
OVV	C	0.12%
SF	B	0.12%
CG	C	0.12%
WAL	B	0.11%
GL	B	0.11%
FBIN	F	0.11%
TTEK	C	0.11%
RGLD	C	0.11%
WBS	A	0.11%
AFG	A	0.11%
WTRG	C	0.11%
NLY	C	0.11%
INGR	B	0.11%
LKQ	D	0.11%
SOLV	D	0.11%
LAD	B	0.11%
AYI	B	0.11%
EHC	A	0.11%
MKTX	C	0.11%
OHI	C	0.11%
AVY	F	0.11%
ARMK	B	0.11%
CIEN	B	0.11%
PRI	A	0.11%
DKS	F	0.11%
TAP	B	0.11%
PNW	B	0.11%
ALSN	A	0.11%
DOX	C	0.11%
GWRE	A	0.1%
GPK	D	0.1%
KBR	B	0.1%
JLL	C	0.1%
CZR	F	0.1%
HLI	B	0.1%
TTC	F	0.1%
AXTA	A	0.1%
MOS	D	0.1%
ALLY	C	0.1%
RL	B	0.1%
JEF	A	0.1%
AOS	F	0.1%
WCC	B	0.1%
NYT	C	0.1%
GMED	B	0.1%
RBC	B	0.1%
BWXT	A	0.1%
MTZ	B	0.1%
ORI	A	0.1%
TFX	F	0.1%
PNFP	B	0.1%
CNH	D	0.1%
X	C	0.1%
BRBR	A	0.1%
CMA	A	0.1%
REXR	F	0.1%
GME	C	0.1%
DCI	A	0.1%
FRT	C	0.1%
KNX	B	0.1%
SNX	C	0.1%
DTM	B	0.1%
RRC	B	0.09%
MTCH	F	0.09%
APA	F	0.09%
FLS	B	0.09%
LW	C	0.09%
SEIC	A	0.09%
WYNN	F	0.09%
ROKU	C	0.09%
HII	D	0.09%
ACI	C	0.09%
VNO	C	0.09%
G	B	0.09%
SNV	B	0.09%
CFR	B	0.09%
LBRDK	C	0.09%
CHRD	F	0.09%
TKO	D	0.09%
VOYA	B	0.09%
CART	C	0.09%
CBSH	A	0.09%
WTFC	B	0.09%
LAMR	D	0.09%
ZION	B	0.09%
AAL	B	0.09%
AR	B	0.09%
LECO	C	0.09%
APG	B	0.09%
FYBR	D	0.09%
EGP	C	0.09%
BRX	A	0.09%
OGE	B	0.09%
CR	B	0.09%
HSIC	F	0.09%
R	A	0.08%
CGNX	C	0.08%
GNTX	C	0.08%
GXO	B	0.08%
BIO	C	0.08%
FR	C	0.08%
AGNC	C	0.08%
FCN	F	0.08%
ATI	D	0.08%
PB	B	0.08%
SSD	D	0.08%
MKSI	C	0.08%
OSK	B	0.08%
VFC	C	0.08%
KEX	B	0.08%
ESAB	B	0.08%
COKE	C	0.08%
MIDD	C	0.08%
FMC	F	0.08%
CHE	D	0.08%
SKX	F	0.08%
ADC	A	0.08%
MHK	D	0.08%
RHI	B	0.08%
PR	C	0.08%
BWA	B	0.08%
JAZZ	B	0.08%
MTSI	B	0.08%
BERY	C	0.08%
SAIC	C	0.08%
NNN	F	0.08%
BEN	C	0.07%
BPOP	C	0.07%
OLLI	C	0.07%
STWD	D	0.07%
MTDR	C	0.07%
OMF	A	0.07%
VNT	B	0.07%
LFUS	D	0.07%
MTG	C	0.07%
KD	A	0.07%
S	B	0.07%
ARW	F	0.07%
MSA	D	0.07%
ALK	A	0.07%
NOV	C	0.07%
COLB	B	0.07%
DAR	B	0.07%
ONTO	F	0.07%
FAF	C	0.07%
ESI	B	0.07%
WBA	D	0.07%
COLD	F	0.07%
PARA	C	0.07%
IVZ	C	0.07%
AXS	A	0.07%
MAT	C	0.07%
DINO	D	0.07%
AZPN	A	0.07%
HRB	D	0.07%
QRVO	F	0.07%
DOCS	B	0.07%
RLI	A	0.07%
FND	F	0.07%
HR	C	0.07%
WH	A	0.07%
WSM	F	0.07%
RGEN	C	0.07%
BBWI	C	0.07%
LSTR	B	0.07%
STAG	D	0.07%
VMI	B	0.07%
WEX	D	0.07%
ELAN	D	0.07%
AVT	C	0.06%
WSC	F	0.06%
BYD	A	0.06%
PSN	B	0.06%
CCCS	B	0.06%
OLN	D	0.06%
LEA	F	0.06%
NFG	C	0.06%
POST	D	0.06%
THO	B	0.06%
SN	C	0.06%
RITM	C	0.06%
CRUS	F	0.06%
LITE	A	0.06%
EXAS	F	0.06%
GNRC	B	0.06%
THG	A	0.06%
BC	C	0.06%
BFAM	F	0.06%
FNB	A	0.06%
IDA	A	0.06%
AGCO	F	0.06%
JHG	B	0.06%
PVH	C	0.06%
H	B	0.06%
AMG	B	0.06%
WHR	B	0.06%
LNC	B	0.06%
WMS	F	0.06%
BILL	A	0.06%
SAIA	B	0.06%
AMTM	D	0.05%
LINE	F	0.05%
CLF	D	0.05%
OLED	F	0.05%
AN	C	0.05%
GTES	B	0.05%
TPG	B	0.05%
SITE	D	0.05%
M	D	0.05%
GAP	B	0.05%
PAYC	B	0.05%
DLB	C	0.05%
EEFT	C	0.05%
SLGN	A	0.05%
AWI	B	0.05%
DBX	B	0.05%
AGO	B	0.05%
RYN	F	0.05%
WTM	A	0.05%
CUZ	C	0.05%
KRC	C	0.05%
ST	F	0.05%
CROX	F	0.05%
AL	B	0.05%
TKR	F	0.05%
SON	D	0.05%
OZK	B	0.05%
HXL	D	0.05%
FRPT	B	0.05%
UGI	D	0.05%
ROIV	C	0.05%
SLM	B	0.05%
AM	B	0.04%
LBTYK	F	0.04%
VAC	B	0.04%
ZG	B	0.04%
HUN	F	0.04%
LBTYA	F	0.04%
MASI	B	0.04%
U	F	0.04%
LOPE	B	0.04%
EPR	D	0.04%
FHB	B	0.04%
NVST	C	0.04%
TNL	A	0.04%
HIW	D	0.04%
PII	F	0.04%
PRGO	C	0.04%
XRAY	F	0.04%
MDU	F	0.04%
W	F	0.04%
NWS	B	0.04%
ACHC	F	0.04%
ZI	D	0.04%
DNB	B	0.04%
NEU	C	0.04%
PLNT	A	0.04%
NWL	B	0.04%
UHAL	C	0.04%
CIVI	F	0.04%
MSGS	C	0.04%
DXC	B	0.04%
VNOM	C	0.04%
IAC	F	0.04%
RH	C	0.04%
HOG	F	0.04%
FLO	F	0.04%
MSM	B	0.04%
ASH	F	0.04%
KMPR	A	0.04%
OGN	F	0.04%
CPRI	F	0.03%
CWEN	D	0.03%
BRKR	F	0.03%
YETI	C	0.03%
AZTA	F	0.03%
PINC	A	0.03%
GLOB	B	0.03%
SHC	D	0.03%
QDEL	F	0.03%
ENOV	C	0.03%
SPB	B	0.03%
EXP	B	0.03%
MP	C	0.03%
WU	F	0.03%
HHH	B	0.03%
BOKF	B	0.03%
ALGM	F	0.03%
COTY	F	0.03%
CC	C	0.03%
COLM	B	0.03%
VIRT	B	0.03%
SEE	C	0.03%
CXT	D	0.03%
CNM	D	0.03%
MPW	F	0.03%
LLYVK	B	0.03%
PAG	B	0.03%
NSA	D	0.03%
PK	B	0.03%
MAN	F	0.03%
AMED	F	0.03%
BHF	B	0.03%
SMG	D	0.03%
BROS	B	0.03%
PENN	B	0.03%
IRDM	C	0.03%
AMKR	F	0.03%
SPR	F	0.03%
ECG	C	0.03%
NXST	C	0.03%
SNDR	B	0.02%
REYN	D	0.02%
TRIP	D	0.02%
LEG	F	0.02%
INFA	D	0.02%
UA	B	0.02%
WEN	C	0.02%
GO	C	0.02%
CRI	D	0.02%
EXEL	B	0.02%
UAA	B	0.02%
BIRK	F	0.02%
VSTS	D	0.02%
QS	F	0.02%
CLVT	F	0.02%
FTRE	D	0.02%
KSS	F	0.02%
CNXC	F	0.02%
AZEK	B	0.02%
LYFT	B	0.02%
ALAB	B	0.02%
PPC	B	0.02%
PSTG	D	0.02%
ETSY	C	0.02%
SAM	B	0.02%
LCID	F	0.02%
LPX	B	0.02%
RCM	B	0.02%
AAP	D	0.02%
JWN	B	0.02%
HAYW	C	0.02%
IPGP	C	0.02%
ADT	B	0.02%
IONS	F	0.01%
TXG	F	0.01%
PLTK	B	0.01%
CHH	B	0.01%
CACC	D	0.01%
DJT	D	0.01%
SEB	D	0.01%
UI	B	0.01%
TFSL	A	0.01%
PATH	C	0.01%
CWEN	D	0.01%
CAR	C	0.01%
FIVE	F	0.01%
HCP	A	0.01%
LSCC	D	0.01%
MTN	D	0.01%
CNA	C	0.01%
FWONA	A	0.01%
AS	B	0.01%
HAS	D	0.01%
PYCR	B	0.01%
LLYVA	B	0.01%
DV	C	0.01%
LBRDA	C	0.01%
WOLF	F	0.01%
DDS	C	0.01%
CERT	F	0.01%
NCNO	B	0.01%
LOAR	C	0.0%
PARAA	B	0.0%
SEG	F	0.0%
UWMC	F	0.0%
NFE	F	0.0%
UHAL	C	0.0%
GRAL	B	0.0%
LAZ	C	0.0%

IWS Underweight 249 Positions Relative to STRV

Symbol	Grade	Weight
NVDA	B	-6.86%
AAPL	C	-6.55%
MSFT	C	-6.23%
AMZN	A	-3.82%
META	B	-2.49%
GOOGL	B	-2.05%
GOOG	B	-1.7%
AVGO	C	-1.63%
TSLA	B	-1.61%
JPM	B	-1.4%
LLY	F	-1.32%
BRK.A	B	-1.21%
XOM	B	-1.08%
UNH	B	-1.08%
V	A	-1.01%
MA	B	-0.85%
COST	B	-0.78%
HD	B	-0.77%
PG	C	-0.76%
JNJ	D	-0.76%
WMT	A	-0.73%
ABBV	D	-0.71%
NFLX	A	-0.67%
BAC	A	-0.62%
CRM	B	-0.57%
ORCL	A	-0.57%
CVX	B	-0.54%
MRK	F	-0.51%
WFC	A	-0.51%
KO	F	-0.49%
AMD	F	-0.46%
PEP	D	-0.45%
ADBE	C	-0.45%
LIN	D	-0.44%
ACN	C	-0.44%
TMO	F	-0.43%
CSCO	A	-0.43%
MCD	C	-0.42%
PM	C	-0.4%
IBM	C	-0.4%
ABT	C	-0.4%
CAT	C	-0.4%
NOW	A	-0.4%
GE	C	-0.39%
GS	B	-0.39%
TXN	C	-0.39%
QCOM	F	-0.38%
DIS	B	-0.36%
ISRG	A	-0.36%
INTU	A	-0.35%
CMCSA	B	-0.35%
AMGN	F	-0.34%
DHR	F	-0.33%
BKNG	A	-0.33%
VZ	C	-0.32%
T	A	-0.32%
RTX	C	-0.32%
MS	A	-0.32%
PGR	A	-0.31%
PFE	F	-0.31%
AMAT	F	-0.31%
SPGI	C	-0.31%
NEE	D	-0.31%
AXP	B	-0.3%
UBER	F	-0.3%
LOW	B	-0.29%
UNP	C	-0.29%
HON	B	-0.28%
ETN	A	-0.28%
LMT	C	-0.26%
TJX	B	-0.26%
COP	C	-0.26%
BX	A	-0.25%
ADP	A	-0.25%
PANW	A	-0.25%
VRTX	B	-0.25%
C	A	-0.25%
BSX	A	-0.25%
SYK	A	-0.25%
MDT	D	-0.24%
MU	D	-0.24%
FI	A	-0.24%
GILD	C	-0.23%
ADI	F	-0.23%
MMC	C	-0.22%
TMUS	A	-0.22%
PLTR	B	-0.22%
BMY	B	-0.22%
CB	C	-0.22%
ANET	C	-0.21%
PLD	D	-0.21%
INTC	C	-0.21%
SBUX	B	-0.21%
SCHW	A	-0.21%
KKR	B	-0.2%
DE	D	-0.2%
LRCX	F	-0.2%
SO	D	-0.19%
UPS	C	-0.19%
PH	A	-0.19%
AMT	F	-0.19%
MO	A	-0.19%
ELV	F	-0.19%
TT	A	-0.18%
REGN	F	-0.18%
SHW	A	-0.18%
MDLZ	F	-0.18%
KLAC	F	-0.18%
CI	D	-0.18%
NKE	F	-0.18%
GEV	B	-0.18%
BA	F	-0.18%
APH	B	-0.17%
AON	A	-0.17%
PNC	B	-0.17%
DUK	D	-0.17%
ICE	D	-0.17%
PYPL	A	-0.17%
WM	A	-0.17%
CVS	F	-0.16%
CMG	B	-0.16%
CDNS	B	-0.16%
EQIX	B	-0.16%
MSI	B	-0.16%
WELL	B	-0.16%
SNPS	B	-0.16%
CTAS	A	-0.15%
GD	A	-0.15%
MMM	C	-0.15%
CL	F	-0.15%
CME	A	-0.15%
MRVL	B	-0.15%
USB	A	-0.15%
ITW	A	-0.15%
BDX	D	-0.14%
ORLY	A	-0.14%
COF	B	-0.14%
MCO	C	-0.14%
NOC	C	-0.14%
EMR	A	-0.14%
APO	B	-0.14%
TDG	B	-0.14%
ZTS	D	-0.14%
CRWD	B	-0.14%
CSX	B	-0.14%
CEG	D	-0.14%
EOG	A	-0.14%
MAR	A	-0.13%
NSC	B	-0.13%
APD	B	-0.13%
FCX	F	-0.13%
TGT	C	-0.13%
HCA	D	-0.13%
MCK	A	-0.13%
ECL	C	-0.12%
DASH	A	-0.12%
ADSK	A	-0.12%
TRV	B	-0.12%
FDX	B	-0.12%
SLB	C	-0.12%
NXPI	F	-0.12%
TFC	B	-0.12%
CARR	C	-0.12%
GM	A	-0.12%
ROP	A	-0.12%
AIG	B	-0.11%
SRE	A	-0.11%
TTD	B	-0.11%
PSX	D	-0.11%
JCI	A	-0.11%
AZO	C	-0.11%
MPC	D	-0.11%
WDAY	B	-0.11%
PCAR	B	-0.11%
SPOT	A	-0.1%
PSA	C	-0.1%
FTNT	B	-0.1%
ABNB	C	-0.1%
MET	C	-0.1%
NEM	F	-0.1%
VST	B	-0.09%
F	C	-0.09%
RSG	A	-0.09%
VLO	D	-0.09%
D	D	-0.09%
AEP	D	-0.09%
CPRT	A	-0.09%
EW	D	-0.08%
MPWR	F	-0.08%
DELL	B	-0.08%
COR	A	-0.08%
VRSK	A	-0.08%
MNST	B	-0.08%
VRT	B	-0.08%
IT	A	-0.08%
ODFL	B	-0.08%
KMB	F	-0.08%
LULU	C	-0.07%
IDXX	D	-0.07%
TEAM	B	-0.07%
SNOW	C	-0.07%
KDP	D	-0.07%
DDOG	B	-0.07%
STZ	D	-0.07%
AXON	B	-0.07%
TRGP	B	-0.07%
ARES	B	-0.06%
DECK	B	-0.06%
BAH	C	-0.06%
STLA	F	-0.06%
HUBS	B	-0.06%
TSCO	C	-0.06%
OXY	D	-0.06%
DXCM	C	-0.06%
APP	B	-0.06%
EXPE	B	-0.05%
MDB	C	-0.05%
CPAY	A	-0.05%
GDDY	A	-0.05%
RBLX	B	-0.05%
NET	B	-0.05%
KHC	F	-0.05%
LVS	C	-0.04%
ICLR	F	-0.04%
LII	B	-0.04%
LPLA	B	-0.04%
LYV	B	-0.04%
PINS	F	-0.04%
STX	D	-0.04%
CLX	A	-0.04%
HEI	B	-0.04%
EL	F	-0.03%
SMCI	F	-0.03%
PODD	B	-0.03%
ROL	B	-0.03%
ZS	B	-0.03%
ENTG	D	-0.03%
DKNG	B	-0.03%
MRNA	F	-0.03%
ERIE	F	-0.02%
HEI	B	-0.02%
ENPH	F	-0.02%
IOT	B	-0.02%
BSY	F	-0.02%
OWL	B	-0.02%
GRAB	A	-0.02%
SNAP	C	-0.02%
WMG	B	-0.01%
CRBG	C	-0.01%