IWS vs. VO ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Vanguard Mid-Cap ETF - DNQ (VO)

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

$134.95

Average Daily Volume

272,522

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

VO

Vanguard Mid-Cap ETF - DNQ

VO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$274.60

Average Daily Volume

542,231

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	IWS	VO
30 Days	0.51%	1.58%
60 Days	3.41%	5.34%
90 Days	6.07%	8.40%
12 Months	28.25%	29.85%

238 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in VO	Overlap
A	F	0.41%	0.52%	0.41%
ACGL	D	0.4%	0.48%	0.4%
ADM	D	0.28%	0.34%	0.28%
AEE	A	0.27%	0.28%	0.27%
AGR	A	0.03%	0.03%	0.03%
AJG	B	0.65%	0.74%	0.65%
AKAM	F	0.14%	0.18%	0.14%
ALB	B	0.13%	0.07%	0.07%
ALGN	D	0.08%	0.22%	0.08%
ALL	A	0.48%	0.6%	0.48%
ALNY	D	0.04%	0.43%	0.04%
AME	A	0.49%	0.48%	0.48%
AMP	A	0.06%	0.56%	0.06%
ANSS	B	0.32%	0.34%	0.32%
APTV	F	0.16%	0.23%	0.16%
ARE	F	0.2%	0.25%	0.2%
AVB	B	0.36%	0.39%	0.36%
AVTR	F	0.15%	0.2%	0.15%
AVY	D	0.11%	0.21%	0.11%
AWK	C	0.29%	0.34%	0.29%
BALL	D	0.21%	0.25%	0.21%
BAX	F	0.18%	0.23%	0.18%
BBY	D	0.22%	0.24%	0.22%
BEN	C	0.07%	0.04%	0.04%
BIIB	F	0.26%	0.34%	0.26%
BKR	B	0.47%	0.43%	0.43%
BMRN	F	0.13%	0.16%	0.13%
BR	B	0.03%	0.3%	0.03%
BRO	B	0.16%	0.29%	0.16%
CAG	F	0.14%	0.19%	0.14%
CAH	B	0.13%	0.32%	0.13%
CBOE	C	0.23%	0.26%	0.23%
CBRE	B	0.44%	0.46%	0.44%
CCL	A	0.27%	0.21%	0.21%
CDW	F	0.13%	0.36%	0.13%
CE	F	0.07%	0.18%	0.07%
CF	A	0.18%	0.19%	0.18%
CFG	B	0.23%	0.21%	0.21%
CHD	A	0.29%	0.31%	0.29%
CINF	A	0.26%	0.26%	0.26%
CMI	A	0.54%	0.53%	0.53%
CMS	C	0.22%	0.25%	0.22%
CNC	F	0.33%	0.48%	0.33%
CNP	A	0.21%	0.23%	0.21%
COIN	A	0.11%	0.37%	0.11%
CPB	D	0.09%	0.11%	0.09%
CSGP	F	0.32%	0.37%	0.32%
CTRA	B	0.21%	0.2%	0.2%
CTSH	C	0.42%	0.46%	0.42%
CTVA	C	0.43%	0.49%	0.43%
CVNA	A	0.19%	0.12%	0.12%
DAL	A	0.45%	0.4%	0.4%
DD	D	0.38%	0.4%	0.38%
DFS	B	0.48%	0.42%	0.42%
DG	F	0.18%	0.22%	0.18%
DGX	A	0.2%	0.21%	0.2%
DHI	D	0.53%	0.67%	0.53%
DLR	A	0.64%	0.64%	0.64%
DLTR	F	0.14%	0.17%	0.14%
DOC	D	0.16%	0.1%	0.1%
DOV	B	0.3%	0.32%	0.3%
DOW	F	0.34%	0.46%	0.34%
DPZ	C	0.11%	0.18%	0.11%
DRI	C	0.1%	0.23%	0.1%
DTE	C	0.27%	0.27%	0.27%
DVN	F	0.27%	0.3%	0.27%
EA	A	0.47%	0.46%	0.46%
EBAY	D	0.34%	0.38%	0.34%
ED	C	0.37%	0.43%	0.37%
EFX	F	0.27%	0.44%	0.27%
EG	D	0.15%	0.2%	0.15%
EIX	C	0.35%	0.4%	0.35%
EQR	C	0.31%	0.32%	0.31%
EQT	A	0.26%	0.13%	0.13%
ES	C	0.24%	0.29%	0.24%
ESS	A	0.21%	0.23%	0.21%
ETR	A	0.35%	0.34%	0.34%
EVRG	A	0.16%	0.08%	0.08%
EXC	C	0.43%	0.49%	0.43%
EXPD	D	0.16%	0.22%	0.16%
EXR	C	0.38%	0.46%	0.38%
FANG	D	0.37%	0.4%	0.37%
FAST	B	0.08%	0.49%	0.08%
FDS	B	0.13%	0.21%	0.13%
FE	C	0.26%	0.29%	0.26%
FICO	B	0.09%	0.55%	0.09%
FIS	C	0.54%	0.55%	0.54%
FITB	B	0.35%	0.35%	0.35%
FNF	A	0.18%	0.19%	0.18%
FOX	A	0.06%	0.05%	0.05%
FOXA	B	0.12%	0.12%	0.12%
FSLR	F	0.22%	0.31%	0.22%
FTV	D	0.29%	0.33%	0.29%
GEHC	D	0.37%	0.49%	0.37%
GEN	B	0.18%	0.17%	0.17%
GIS	F	0.39%	0.5%	0.39%
GLW	B	0.39%	0.42%	0.39%
GPC	F	0.19%	0.23%	0.19%
GPN	C	0.33%	0.25%	0.25%
GRMN	B	0.36%	0.33%	0.33%
GWW	B	0.07%	0.55%	0.07%
HAL	C	0.29%	0.28%	0.28%
HBAN	B	0.28%	0.26%	0.26%
HES	B	0.16%	0.45%	0.16%
HIG	B	0.38%	0.42%	0.38%
HLT	A	0.33%	0.34%	0.33%
HOLX	D	0.2%	0.23%	0.2%
HPE	B	0.3%	0.32%	0.3%
HPQ	B	0.3%	0.42%	0.3%
HRL	D	0.09%	0.12%	0.09%
HSY	F	0.24%	0.34%	0.24%
HUBB	B	0.26%	0.14%	0.14%
HWM	A	0.47%	0.49%	0.47%
IBKR	A	0.21%	0.17%	0.17%
IFF	D	0.24%	0.32%	0.24%
ILMN	C	0.24%	0.25%	0.24%
INCY	C	0.13%	0.07%	0.07%
INVH	D	0.23%	0.25%	0.23%
IP	A	0.22%	0.2%	0.2%
IQV	F	0.34%	0.49%	0.34%
IR	B	0.45%	0.48%	0.45%
IRM	C	0.16%	0.42%	0.16%
J	D	0.19%	0.2%	0.19%
JBHT	C	0.16%	0.17%	0.16%
K	B	0.23%	0.27%	0.23%
KEY	B	0.2%	0.19%	0.19%
KEYS	C	0.29%	0.33%	0.29%
KMI	A	0.58%	0.25%	0.25%
KR	B	0.42%	0.45%	0.42%
KVUE	A	0.5%	0.53%	0.5%
L	A	0.17%	0.18%	0.17%
LDOS	C	0.24%	0.13%	0.13%
LEN	D	0.44%	0.55%	0.44%
LEN	D	0.02%	0.55%	0.02%
LEN	D	0.44%	0.02%	0.02%
LEN	D	0.02%	0.02%	0.02%
LH	B	0.22%	0.23%	0.22%
LHX	B	0.51%	0.54%	0.51%
LNG	A	0.26%	0.47%	0.26%
LNT	A	0.17%	0.19%	0.17%
LUV	B	0.21%	0.21%	0.21%
LYB	F	0.24%	0.3%	0.24%
MAA	A	0.2%	0.22%	0.2%
MAS	D	0.19%	0.22%	0.19%
MCHP	F	0.37%	0.52%	0.37%
MGM	D	0.1%	0.05%	0.05%
MKC	D	0.21%	0.25%	0.21%
MKL	A	0.18%	0.23%	0.18%
MLM	B	0.37%	0.4%	0.37%
MOH	F	0.07%	0.23%	0.07%
MRO	A	0.18%	0.18%	0.18%
MSCI	B	0.21%	0.53%	0.21%
MSTR	A	0.55%	0.18%	0.18%
MTB	A	0.39%	0.36%	0.36%
MTD	F	0.27%	0.39%	0.27%
NDAQ	A	0.36%	0.41%	0.36%
NI	A	0.18%	0.09%	0.09%
NTAP	C	0.15%	0.3%	0.15%
NTRS	A	0.24%	0.21%	0.21%
NUE	D	0.39%	0.43%	0.39%
NVR	D	0.28%	0.35%	0.28%
NWS	A	0.04%	0.01%	0.01%
NWSA	B	0.12%	0.15%	0.12%
O	C	0.54%	0.67%	0.54%
OKE	A	0.7%	0.64%	0.64%
OKTA	D	0.07%	0.14%	0.07%
OMC	C	0.21%	0.24%	0.21%
ON	F	0.31%	0.37%	0.31%
OTIS	C	0.44%	0.5%	0.44%
PCG	A	0.49%	0.5%	0.49%
PEG	C	0.49%	0.54%	0.49%
PFG	C	0.22%	0.24%	0.22%
PHM	D	0.29%	0.36%	0.29%
PKG	B	0.23%	0.23%	0.23%
PPG	F	0.32%	0.37%	0.32%
PPL	A	0.27%	0.28%	0.27%
PRU	B	0.5%	0.52%	0.5%
PWR	A	0.36%	0.53%	0.36%
RCL	A	0.39%	0.47%	0.39%
RF	A	0.27%	0.26%	0.26%
RJF	A	0.33%	0.27%	0.27%
RKT	F	0.02%	0.03%	0.02%
RMD	C	0.27%	0.43%	0.27%
ROK	B	0.33%	0.37%	0.33%
RPRX	F	0.11%	0.13%	0.11%
RVTY	D	0.15%	0.19%	0.15%
SBAC	D	0.26%	0.31%	0.26%
SNA	B	0.2%	0.18%	0.18%
SPG	A	0.48%	0.32%	0.32%
SQ	A	0.3%	0.45%	0.3%
SSNC	C	0.17%	0.19%	0.17%
STE	D	0.24%	0.29%	0.24%
STLD	B	0.23%	0.11%	0.11%
STT	B	0.32%	0.3%	0.3%
SUI	C	0.17%	0.2%	0.17%
SWK	F	0.14%	0.2%	0.14%
SWKS	F	0.15%	0.19%	0.15%
SYF	B	0.28%	0.24%	0.24%
SYY	D	0.16%	0.46%	0.16%
TDY	B	0.24%	0.25%	0.24%
TER	F	0.02%	0.26%	0.02%
TRMB	B	0.19%	0.18%	0.18%
TROW	B	0.29%	0.29%	0.29%
TRU	D	0.19%	0.25%	0.19%
TSN	B	0.2%	0.21%	0.2%
TTWO	A	0.34%	0.31%	0.31%
TW	A	0.1%	0.17%	0.1%
TXT	D	0.17%	0.2%	0.17%
TYL	B	0.04%	0.3%	0.04%
UAL	A	0.33%	0.23%	0.23%
UDR	C	0.16%	0.09%	0.09%
ULTA	F	0.03%	0.22%	0.03%
URI	B	0.46%	0.65%	0.46%
VICI	C	0.36%	0.38%	0.36%
VLTO	C	0.15%	0.32%	0.15%
VMC	B	0.3%	0.4%	0.3%
VRSN	F	0.16%	0.19%	0.16%
VTR	B	0.28%	0.32%	0.28%
VTRS	A	0.17%	0.17%	0.17%
WAB	B	0.38%	0.38%	0.38%
WAT	C	0.09%	0.26%	0.09%
WBA	F	0.07%	0.04%	0.04%
WBD	B	0.25%	0.22%	0.22%
WDC	F	0.23%	0.28%	0.23%
WEC	A	0.34%	0.37%	0.34%
WLK	F	0.05%	0.03%	0.03%
WMB	A	0.76%	0.34%	0.34%
WPC	C	0.13%	0.16%	0.13%
WRB	B	0.2%	0.2%	0.2%
WST	D	0.1%	0.26%	0.1%
WTW	B	0.35%	0.36%	0.35%
WY	D	0.25%	0.3%	0.25%
XEL	A	0.43%	0.44%	0.43%
XYL	D	0.32%	0.4%	0.32%
YUM	D	0.26%	0.47%	0.26%
ZBH	C	0.25%	0.27%	0.25%
ZBRA	B	0.17%	0.23%	0.17%
ZM	B	0.24%	0.2%	0.2%

IWS Overweight 471 Positions Relative to VO

Symbol	Grade	Weight
AFL	C	0.68%
BK	B	0.64%
CCI	C	0.5%
FERG	C	0.42%
CHTR	B	0.4%
ROST	D	0.39%
HUM	D	0.37%
PAYX	B	0.32%
FCNCA	A	0.29%
SW	A	0.29%
HOOD	A	0.24%
EXE	A	0.24%
ATO	A	0.24%
BLDR	D	0.21%
COO	D	0.21%
RS	B	0.2%
WSO	A	0.2%
IEX	B	0.19%
PNR	B	0.19%
CSL	C	0.19%
KIM	A	0.18%
OC	A	0.18%
RGA	B	0.17%
TOL	B	0.17%
UTHR	C	0.17%
EWBC	A	0.16%
NDSN	D	0.16%
ACM	B	0.16%
USFD	A	0.16%
THC	C	0.16%
AMCR	D	0.16%
GGG	B	0.16%
TWLO	A	0.15%
RPM	B	0.15%
RNR	C	0.15%
REG	A	0.15%
UNM	A	0.15%
CW	B	0.15%
FFIV	B	0.15%
EME	A	0.15%
BXP	D	0.14%
CPT	C	0.14%
ITT	A	0.14%
COHR	B	0.14%
JKHY	D	0.14%
CLH	C	0.14%
AMH	C	0.14%
BG	D	0.14%
CHRW	B	0.14%
GLPI	C	0.14%
AFRM	A	0.14%
JBL	C	0.14%
ELS	B	0.14%
TPR	B	0.14%
AIZ	A	0.13%
KMX	C	0.13%
SF	B	0.13%
BJ	B	0.13%
OVV	C	0.13%
Z	A	0.13%
UHS	D	0.13%
EMN	D	0.13%
SOFI	A	0.13%
JNPR	D	0.13%
SCI	A	0.13%
HST	D	0.13%
FTI	A	0.13%
NVT	C	0.13%
NTNX	B	0.13%
EPAM	C	0.13%
ALLE	D	0.13%
CASY	A	0.13%
TECH	F	0.12%
CCK	D	0.12%
CTLT	D	0.12%
EVR	B	0.12%
CUBE	C	0.12%
FWONK	B	0.12%
TAP	B	0.12%
PFGC	B	0.12%
ATR	B	0.12%
AA	A	0.12%
SJM	D	0.12%
CG	B	0.12%
FHN	A	0.12%
RRX	B	0.12%
NRG	B	0.12%
CRL	D	0.11%
DOX	D	0.11%
CIEN	B	0.11%
WTRG	B	0.11%
GL	C	0.11%
MKTX	D	0.11%
WAL	B	0.11%
EHC	B	0.11%
ARMK	C	0.11%
DTM	A	0.11%
OHI	B	0.11%
AES	F	0.11%
AFG	A	0.11%
NLY	C	0.11%
GME	C	0.11%
LKQ	F	0.11%
AYI	B	0.11%
BLD	F	0.11%
DAY	B	0.11%
DKS	D	0.11%
LAD	B	0.11%
IPG	F	0.11%
ALSN	B	0.11%
WWD	B	0.11%
WBS	A	0.11%
PRI	A	0.11%
CACI	C	0.11%
PNW	B	0.11%
TTEK	F	0.1%
ZION	B	0.1%
GWRE	A	0.1%
ALLY	C	0.1%
BRX	A	0.1%
AOS	F	0.1%
SNX	D	0.1%
KNX	B	0.1%
HLI	B	0.1%
AAL	B	0.1%
AR	B	0.1%
HSIC	C	0.1%
PTC	B	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	B	0.1%
TFX	F	0.1%
REXR	F	0.1%
GMED	A	0.1%
FBIN	F	0.1%
RGLD	C	0.1%
BWXT	A	0.1%
DCI	B	0.1%
CMA	B	0.1%
INGR	B	0.1%
JEF	A	0.1%
FRT	B	0.1%
ORI	A	0.1%
SOLV	F	0.1%
BRBR	A	0.1%
CNH	C	0.1%
PNFP	B	0.1%
FLS	A	0.09%
BWA	D	0.09%
G	B	0.09%
ACI	C	0.09%
MTCH	F	0.09%
CHRD	F	0.09%
RRC	B	0.09%
SEIC	B	0.09%
CZR	F	0.09%
SNV	B	0.09%
X	C	0.09%
APG	C	0.09%
APA	F	0.09%
TKO	A	0.09%
LECO	C	0.09%
CFR	B	0.09%
VOYA	B	0.09%
LAMR	D	0.09%
EGP	D	0.09%
RIVN	F	0.09%
RL	C	0.09%
GPK	D	0.09%
NYT	D	0.09%
TTC	F	0.09%
MOS	D	0.09%
CR	A	0.09%
MTZ	A	0.09%
JLL	D	0.09%
WYNN	D	0.09%
FYBR	C	0.09%
CBSH	A	0.09%
OGE	A	0.09%
WTFC	B	0.09%
RLI	A	0.08%
DAR	B	0.08%
ELAN	D	0.08%
FCN	F	0.08%
MTSI	B	0.08%
GXO	B	0.08%
FND	F	0.08%
R	B	0.08%
SSD	D	0.08%
FR	C	0.08%
ATI	C	0.08%
ESAB	C	0.08%
GNTX	F	0.08%
AGNC	C	0.08%
OSK	C	0.08%
VFC	C	0.08%
BBWI	C	0.08%
VNO	C	0.08%
KBR	F	0.08%
MIDD	D	0.08%
CART	C	0.08%
SKX	F	0.08%
COKE	C	0.08%
MHK	D	0.08%
LBRDK	C	0.08%
LW	C	0.08%
KEX	B	0.08%
RHI	C	0.08%
ROKU	D	0.08%
PB	A	0.08%
CHE	F	0.08%
ADC	A	0.08%
JAZZ	C	0.08%
PR	B	0.08%
HII	F	0.08%
BERY	D	0.08%
NNN	C	0.08%
LNC	B	0.07%
WHR	B	0.07%
VNT	C	0.07%
IDA	A	0.07%
RGEN	F	0.07%
S	B	0.07%
STWD	C	0.07%
ARW	F	0.07%
BPOP	C	0.07%
BIO	C	0.07%
QRVO	F	0.07%
COLD	F	0.07%
OMF	A	0.07%
MTDR	C	0.07%
SAIC	F	0.07%
MAT	D	0.07%
NOV	D	0.07%
SIRI	D	0.07%
MSA	D	0.07%
ESI	B	0.07%
KD	A	0.07%
PARA	D	0.07%
MTG	D	0.07%
IVZ	C	0.07%
CGNX	D	0.07%
LSTR	D	0.07%
BILL	B	0.07%
COLB	B	0.07%
FAF	C	0.07%
STAG	D	0.07%
MKSI	C	0.07%
HR	C	0.07%
WEX	F	0.07%
AZPN	A	0.07%
DINO	D	0.07%
HRB	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	A	0.07%
WSM	D	0.07%
WH	B	0.07%
FMC	D	0.07%
BYD	B	0.06%
UGI	C	0.06%
AL	B	0.06%
BFAM	F	0.06%
OZK	B	0.06%
POST	C	0.06%
SLM	B	0.06%
CCCS	B	0.06%
SN	D	0.06%
LEA	F	0.06%
EXAS	D	0.06%
CRUS	F	0.06%
BC	D	0.06%
GNRC	B	0.06%
LITE	B	0.06%
RITM	D	0.06%
THO	C	0.06%
NFG	A	0.06%
OLLI	D	0.06%
DOCS	C	0.06%
PVH	C	0.06%
H	B	0.06%
WMS	F	0.06%
SAIA	C	0.06%
ONTO	F	0.06%
JHG	B	0.06%
THG	A	0.06%
AMG	C	0.06%
LFUS	D	0.06%
AGCO	F	0.06%
FNB	B	0.06%
GTES	A	0.05%
TPG	A	0.05%
DLB	F	0.05%
PAYC	B	0.05%
AN	D	0.05%
M	D	0.05%
GAP	D	0.05%
KMPR	A	0.05%
EEFT	C	0.05%
SLGN	A	0.05%
RYN	D	0.05%
AWI	B	0.05%
PSN	C	0.05%
WSC	F	0.05%
DBX	C	0.05%
KRC	C	0.05%
CUZ	B	0.05%
AGO	A	0.05%
ST	F	0.05%
AVT	C	0.05%
ROIV	D	0.05%
CROX	F	0.05%
FRPT	A	0.05%
HXL	F	0.05%
OLN	F	0.05%
WTM	A	0.05%
TKR	F	0.05%
SON	F	0.05%
SMG	C	0.04%
HUN	F	0.04%
AM	A	0.04%
ZG	A	0.04%
EPR	D	0.04%
HIW	D	0.04%
MASI	B	0.04%
ACHC	F	0.04%
FHB	B	0.04%
UHAL	D	0.04%
IAC	D	0.04%
PII	F	0.04%
NVST	C	0.04%
CLF	F	0.04%
W	D	0.04%
TNL	B	0.04%
NWL	B	0.04%
VNOM	A	0.04%
PRGO	C	0.04%
CIVI	D	0.04%
XRAY	D	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	D	0.04%
MSGS	B	0.04%
DXC	D	0.04%
PLNT	A	0.04%
RH	D	0.04%
OLED	F	0.04%
MSM	D	0.04%
OGN	F	0.04%
ASH	F	0.04%
LINE	F	0.04%
SITE	D	0.04%
HOG	F	0.04%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
YETI	D	0.03%
PINC	B	0.03%
ALGM	F	0.03%
CPRI	F	0.03%
SPB	C	0.03%
EXP	B	0.03%
MP	C	0.03%
ENOV	C	0.03%
HHH	B	0.03%
MPW	F	0.03%
CC	D	0.03%
BOKF	B	0.03%
WU	F	0.03%
COTY	F	0.03%
CXT	C	0.03%
COLM	B	0.03%
CNM	C	0.03%
SEE	D	0.03%
VIRT	A	0.03%
ECG	C	0.03%
U	F	0.03%
AMED	F	0.03%
AMKR	F	0.03%
MAN	F	0.03%
NSA	C	0.03%
PAG	B	0.03%
PK	D	0.03%
IRDM	F	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
BROS	A	0.03%
NXST	C	0.03%
SPR	D	0.03%
AMTM	F	0.03%
BHF	C	0.03%
LOPE	B	0.03%
VAC	C	0.03%
PENN	C	0.03%
ZI	D	0.03%
TRIP	F	0.02%
SNDR	B	0.02%
REYN	D	0.02%
LEG	F	0.02%
FTRE	D	0.02%
WEN	C	0.02%
EXEL	B	0.02%
UA	C	0.02%
QS	D	0.02%
CLVT	D	0.02%
GO	C	0.02%
BIRK	D	0.02%
ALAB	B	0.02%
VSTS	F	0.02%
CNXC	F	0.02%
CRI	F	0.02%
UAA	C	0.02%
PSTG	F	0.02%
AZEK	B	0.02%
PPC	B	0.02%
LCID	F	0.02%
ETSY	D	0.02%
LBTYK	A	0.02%
INFA	D	0.02%
KSS	F	0.02%
IPGP	D	0.02%
QDEL	F	0.02%
LYFT	C	0.02%
LBTYA	F	0.02%
BRKR	F	0.02%
GLOB	C	0.02%
SHC	F	0.02%
AZTA	F	0.02%
LPX	B	0.02%
ADT	B	0.02%
AAP	D	0.02%
RCM	A	0.02%
SAM	C	0.02%
TXG	F	0.01%
PLTK	B	0.01%
CHH	A	0.01%
DJT	C	0.01%
CACC	F	0.01%
SEB	F	0.01%
PATH	C	0.01%
TFSL	A	0.01%
UI	A	0.01%
WOLF	F	0.01%
CWEN	C	0.01%
LSCC	D	0.01%
FIVE	F	0.01%
HCP	B	0.01%
MTN	C	0.01%
CAR	C	0.01%
CNA	C	0.01%
LBRDA	C	0.01%
HAS	D	0.01%
FWONA	B	0.01%
PYCR	C	0.01%
AS	A	0.01%
CERT	F	0.01%
DV	C	0.01%
LLYVA	A	0.01%
NCNO	B	0.01%
DDS	B	0.01%
LOAR	B	0.0%
PARAA	C	0.0%
UWMC	D	0.0%
SEG	B	0.0%
NFE	F	0.0%
UHAL	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 70 Positions Relative to VO

Symbol	Grade	Weight
CEG	C	-0.99%
APH	B	-0.95%
WELL	A	-0.94%
TDG	D	-0.92%
PLTR	A	-0.91%
MSI	B	-0.9%
CTAS	B	-0.85%
CARR	D	-0.83%
NEM	D	-0.74%
PCAR	C	-0.62%
APO	A	-0.6%
TTD	B	-0.57%
WCN	A	-0.56%
DASH	A	-0.56%
CPRT	B	-0.55%
MPWR	F	-0.52%
IDXX	F	-0.5%
VST	A	-0.49%
COR	B	-0.48%
VRSK	B	-0.46%
ODFL	B	-0.46%
IT	C	-0.45%
VRT	A	-0.43%
GEV	A	-0.42%
DDOG	A	-0.41%
MRVL	B	-0.38%
TSCO	D	-0.38%
VEEV	C	-0.37%
LULU	C	-0.37%
ARES	A	-0.33%
DXCM	C	-0.32%
AZO	C	-0.32%
TEAM	A	-0.31%
JCI	B	-0.31%
HUBS	B	-0.31%
FTNT	B	-0.29%
RBLX	B	-0.29%
D	C	-0.29%
STX	D	-0.28%
MRNA	F	-0.28%
NET	B	-0.28%
AIG	C	-0.28%
GDDY	A	-0.27%
CPAY	A	-0.25%
SMCI	F	-0.25%
PINS	F	-0.24%
EW	C	-0.24%
CLX	A	-0.24%
MDB	C	-0.23%
EXPE	B	-0.22%
LVS	B	-0.22%
SNOW	C	-0.21%
LPLA	A	-0.21%
LYV	A	-0.21%
TRGP	A	-0.2%
BURL	A	-0.2%
HEI	A	-0.19%
ZS	B	-0.19%
ENPH	F	-0.18%
APP	A	-0.18%
ROL	B	-0.18%
SNAP	D	-0.14%
HEI	A	-0.13%
EL	F	-0.13%
BSY	D	-0.1%
PODD	B	-0.1%
TPL	A	-0.1%
POOL	D	-0.08%
CRBG	B	-0.07%
WMG	C	-0.05%