IWS vs. VYM ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to Vanguard High Dividend Yield ETF - DNQ (VYM)

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

$131.21

Average Daily Volume

290,624

Number of Holdings ^*

706

* may have additional holdings in another (foreign) market

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSEÂ® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. 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

$128.03

Average Daily Volume

790,730

Number of Holdings ^*

538

* may have additional holdings in another (foreign) market

Performance

Period	IWS	VYM
30 Days	1.06%	1.20%
60 Days	6.39%	6.86%
90 Days	9.78%	8.43%
12 Months	31.57%	30.38%

248 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in VYM	Overlap
AAP	F	0.03%	0.02%	0.02%
ACI	F	0.09%	0.05%	0.05%
ADM	D	0.33%	0.17%	0.17%
AEE	A	0.26%	0.12%	0.12%
AES	B	0.15%	0.07%	0.07%
AFG	C	0.11%	0.05%	0.05%
AFL	A	0.68%	0.36%	0.36%
AGCO	D	0.07%	0.03%	0.03%
AGO	B	0.05%	0.02%	0.02%
AGR	C	0.03%	0.01%	0.01%
AIZ	A	0.11%	0.06%	0.06%
AL	D	0.05%	0.03%	0.03%
ALL	B	0.48%	0.28%	0.28%
ALLY	F	0.09%	0.07%	0.07%
AM	A	0.04%	0.03%	0.03%
AMP	A	0.05%	0.26%	0.05%
APA	F	0.1%	0.06%	0.06%
ATO	A	0.23%	0.11%	0.11%
AVT	C	0.05%	0.03%	0.03%
AWK	B	0.32%	0.16%	0.16%
AXS	A	0.07%	0.04%	0.04%
BAX	D	0.22%	0.11%	0.11%
BBWI	F	0.07%	0.04%	0.04%
BBY	B	0.24%	0.12%	0.12%
BC	D	0.06%	0.03%	0.03%
BEN	F	0.07%	0.03%	0.03%
BERY	C	0.09%	0.05%	0.05%
BG	F	0.16%	0.08%	0.08%
BK	C	0.6%	0.29%	0.29%
BKR	B	0.41%	0.2%	0.2%
BOKF	D	0.03%	0.01%	0.01%
BPOP	D	0.07%	0.04%	0.04%
CACC	F	0.01%	0.02%	0.01%
CAG	D	0.17%	0.08%	0.08%
CAH	B	0.13%	0.16%	0.13%
CBSH	D	0.08%	0.04%	0.04%
CC	D	0.03%	0.02%	0.02%
CE	D	0.12%	0.07%	0.07%
CF	A	0.17%	0.09%	0.09%
CFG	D	0.21%	0.11%	0.11%
CFR	D	0.08%	0.04%	0.04%
CG	C	0.11%	0.05%	0.05%
CHK	C	0.12%	0.06%	0.06%
CHRD	F	0.1%	0.05%	0.05%
CHRW	A	0.14%	0.07%	0.07%
CINF	A	0.23%	0.12%	0.12%
CIVI	F	0.04%	0.03%	0.03%
CMA	C	0.09%	0.04%	0.04%
CMI	B	0.48%	0.24%	0.24%
CMS	A	0.23%	0.11%	0.11%
CNA	D	0.01%	0.01%	0.01%
CNH	B	0.11%	0.05%	0.05%
CNP	B	0.2%	0.1%	0.1%
COLB	C	0.06%	0.03%	0.03%
CPB	D	0.11%	0.05%	0.05%
CRI	D	0.03%	0.01%	0.01%
CTRA	D	0.2%	0.1%	0.1%
CWEN	C	0.01%	0.01%	0.01%
CWEN	C	0.03%	0.01%	0.01%
CWEN	C	0.03%	0.01%	0.01%
CWEN	C	0.01%	0.01%	0.01%
DD	B	0.39%	0.2%	0.2%
DDS	D	0.01%	0.01%	0.01%
DFS	C	0.4%	0.2%	0.2%
DGX	B	0.19%	0.1%	0.1%
DINO	F	0.08%	0.05%	0.05%
DKS	D	0.12%	0.08%	0.08%
DNB	D	0.04%	0.02%	0.02%
DOW	B	0.41%	0.21%	0.21%
DOX	B	0.11%	0.06%	0.06%
DRI	C	0.11%	0.11%	0.11%
DTE	A	0.29%	0.15%	0.15%
DTM	A	0.09%	0.04%	0.04%
DVN	F	0.29%	0.16%	0.16%
EBAY	A	0.36%	0.17%	0.17%
ED	A	0.4%	0.2%	0.2%
EG	B	0.16%	0.1%	0.1%
EIX	A	0.37%	0.19%	0.19%
EMN	C	0.14%	0.07%	0.07%
EQT	B	0.22%	0.11%	0.11%
ES	C	0.27%	0.14%	0.14%
ETR	A	0.31%	0.15%	0.15%
EVR	C	0.1%	0.05%	0.05%
EVRG	C	0.15%	0.07%	0.07%
EWBC	D	0.13%	0.07%	0.07%
EXC	A	0.46%	0.22%	0.22%
FAF	B	0.07%	0.04%	0.04%
FANG	D	0.36%	0.2%	0.2%
FAST	B	0.07%	0.22%	0.07%
FE	B	0.29%	0.14%	0.14%
FHB	D	0.03%	0.02%	0.02%
FHN	D	0.1%	0.05%	0.05%
FIS	C	0.53%	0.26%	0.26%
FITB	C	0.33%	0.17%	0.17%
FLO	D	0.05%	0.02%	0.02%
FLS	A	0.07%	0.04%	0.04%
FMC	B	0.09%	0.05%	0.05%
FNB	D	0.06%	0.03%	0.03%
FNF	A	0.18%	0.09%	0.09%
FOX	A	0.06%	0.03%	0.03%
FOXA	A	0.1%	0.06%	0.06%
GAP	F	0.05%	0.03%	0.03%
GIS	C	0.47%	0.23%	0.23%
GLW	B	0.39%	0.18%	0.18%
GPC	D	0.22%	0.11%	0.11%
GRMN	D	0.3%	0.16%	0.16%
HAL	F	0.29%	0.16%	0.16%
HAS	A	0.01%	0.05%	0.01%
HBAN	D	0.24%	0.12%	0.12%
HIG	A	0.38%	0.2%	0.2%
HII	F	0.12%	0.06%	0.06%
HLI	C	0.09%	0.05%	0.05%
HOG	D	0.05%	0.03%	0.03%
HPE	B	0.28%	0.14%	0.14%
HPQ	C	0.29%	0.2%	0.2%
HRB	C	0.08%	0.05%	0.05%
HRL	F	0.1%	0.05%	0.05%
HSY	D	0.28%	0.16%	0.16%
HUBB	A	0.26%	0.12%	0.12%
HUN	B	0.04%	0.02%	0.02%
IDA	C	0.06%	0.03%	0.03%
IFF	C	0.3%	0.15%	0.15%
INGR	A	0.1%	0.05%	0.05%
IP	C	0.19%	0.1%	0.1%
IPG	C	0.13%	0.07%	0.07%
IRDM	B	0.04%	0.02%	0.02%
IVZ	A	0.07%	0.04%	0.04%
JEF	A	0.09%	0.06%	0.06%
JHG	C	0.06%	0.03%	0.03%
JNPR	B	0.14%	0.07%	0.07%
JWN	D	0.03%	0.01%	0.01%
K	B	0.24%	0.12%	0.12%
KEY	C	0.18%	0.09%	0.09%
KMI	A	0.48%	0.24%	0.24%
KMPR	D	0.04%	0.02%	0.02%
KR	C	0.42%	0.2%	0.2%
KSS	D	0.02%	0.01%	0.01%
LEA	F	0.07%	0.04%	0.04%
LEG	D	0.02%	0.01%	0.01%
LHX	A	0.5%	0.25%	0.25%
LKQ	F	0.12%	0.06%	0.06%
LNC	D	0.06%	0.03%	0.03%
LNT	A	0.17%	0.09%	0.09%
LUV	B	0.2%	0.1%	0.1%
LYB	D	0.28%	0.15%	0.15%
M	F	0.05%	0.02%	0.02%
MAN	D	0.04%	0.02%	0.02%
MCHP	F	0.46%	0.25%	0.25%
MDU	C	0.06%	0.03%	0.03%
MKC	C	0.24%	0.11%	0.11%
MOS	D	0.09%	0.05%	0.05%
MRO	D	0.18%	0.09%	0.09%
MSM	D	0.04%	0.02%	0.02%
MTB	C	0.34%	0.16%	0.16%
MTG	B	0.07%	0.04%	0.04%
MTN	D	0.01%	0.04%	0.01%
NFE	F	0.0%	0.0%	0.0%
NFG	A	0.06%	0.03%	0.03%
NI	A	0.17%	0.08%	0.08%
NRG	A	0.12%	0.1%	0.1%
NTAP	D	0.16%	0.14%	0.14%
NTRS	C	0.21%	0.11%	0.11%
NVT	D	0.13%	0.06%	0.06%
NWL	D	0.03%	0.02%	0.02%
NXST	D	0.04%	0.03%	0.03%
OGE	A	0.09%	0.04%	0.04%
OGN	F	0.06%	0.03%	0.03%
OKE	B	0.62%	0.31%	0.31%
OMC	C	0.22%	0.11%	0.11%
OMF	F	0.06%	0.03%	0.03%
ORI	B	0.1%	0.05%	0.05%
OSK	F	0.07%	0.04%	0.04%
OVV	F	0.12%	0.07%	0.07%
OZK	F	0.05%	0.03%	0.03%
PAG	D	0.03%	0.02%	0.02%
PARA	F	0.07%	0.03%	0.03%
PAYX	A	0.31%	0.24%	0.24%
PB	D	0.07%	0.04%	0.04%
PEG	A	0.49%	0.23%	0.23%
PFG	C	0.22%	0.11%	0.11%
PII	D	0.05%	0.03%	0.03%
PINC	F	0.02%	0.01%	0.01%
PKG	C	0.21%	0.11%	0.11%
PNW	A	0.12%	0.06%	0.06%
PPG	D	0.33%	0.17%	0.17%
PPL	A	0.27%	0.13%	0.13%
PR	F	0.08%	0.05%	0.05%
PRGO	F	0.04%	0.02%	0.02%
PRU	C	0.49%	0.25%	0.25%
R	C	0.07%	0.04%	0.04%
REYN	D	0.02%	0.01%	0.01%
RF	C	0.24%	0.12%	0.12%
RGA	C	0.16%	0.08%	0.08%
RHI	D	0.08%	0.04%	0.04%
RL	B	0.08%	0.04%	0.04%
RLI	A	0.07%	0.04%	0.04%
ROK	D	0.31%	0.18%	0.18%
RPM	A	0.14%	0.08%	0.08%
RPRX	B	0.12%	0.06%	0.06%
RRC	D	0.08%	0.04%	0.04%
RS	D	0.18%	0.09%	0.09%
SEE	C	0.03%	0.03%	0.03%
SF	A	0.1%	0.05%	0.05%
SIRI	C	0.07%	0.0%	0.0%
SJM	C	0.14%	0.07%	0.07%
SLM	C	0.05%	0.03%	0.03%
SMG	A	0.04%	0.02%	0.02%
SNA	A	0.17%	0.08%	0.08%
SNV	D	0.07%	0.04%	0.04%
SON	D	0.06%	0.03%	0.03%
SPB	B	0.03%	0.02%	0.02%
STT	C	0.3%	0.15%	0.15%
SWK	A	0.19%	0.09%	0.09%
SWKS	F	0.18%	0.1%	0.1%
SYF	B	0.23%	0.11%	0.11%
SYY	B	0.16%	0.22%	0.16%
TAP	D	0.11%	0.05%	0.05%
TFSL	F	0.01%	0.0%	0.0%
THG	C	0.06%	0.03%	0.03%
TNL	B	0.03%	0.02%	0.02%
TPG	B	0.04%	0.02%	0.02%
TPR	B	0.11%	0.05%	0.05%
TROW	D	0.27%	0.13%	0.13%
TSN	D	0.19%	0.1%	0.1%
UGI	C	0.06%	0.03%	0.03%
UI	A	0.01%	0.0%	0.0%
UNM	A	0.12%	0.06%	0.06%
VAC	D	0.03%	0.01%	0.01%
VFC	B	0.07%	0.04%	0.04%
VIRT	B	0.03%	0.01%	0.01%
VOYA	A	0.09%	0.04%	0.04%
VTRS	D	0.15%	0.08%	0.08%
WAL	C	0.11%	0.05%	0.05%
WBA	F	0.07%	0.04%	0.04%
WBS	D	0.09%	0.05%	0.05%
WEC	A	0.34%	0.17%	0.17%
WEN	D	0.02%	0.02%	0.02%
WH	C	0.06%	0.04%	0.04%
WHR	B	0.06%	0.03%	0.03%
WMB	A	0.62%	0.32%	0.32%
WRB	B	0.19%	0.11%	0.11%
WSM	B	0.09%	0.1%	0.09%
WSO	C	0.19%	0.09%	0.09%
WTRG	D	0.11%	0.06%	0.06%
WU	D	0.03%	0.02%	0.02%
XEL	A	0.4%	0.19%	0.19%
YUM	A	0.25%	0.22%	0.22%
ZION	D	0.08%	0.04%	0.04%

IWS Overweight 460 Positions Relative to VYM

Symbol	Grade	Weight
DHI	C	0.64%
AJG	D	0.63%
O	A	0.61%
DLR	C	0.58%
CCI	C	0.57%
KVUE	C	0.5%
LEN	B	0.49%
PCG	B	0.48%
CTVA	A	0.46%
ACGL	A	0.46%
A	B	0.46%
URI	C	0.45%
AME	D	0.45%
CNC	F	0.45%
SPG	A	0.45%
OTIS	A	0.44%
IQV	F	0.44%
ROST	C	0.44%
IR	A	0.44%
CTSH	B	0.43%
EXR	C	0.43%
FERG	F	0.42%
HWM	A	0.42%
CBRE	A	0.42%
EA	D	0.42%
HUM	F	0.42%
GEHC	C	0.41%
NUE	D	0.4%
VICI	C	0.39%
XYL	C	0.37%
AVB	C	0.37%
MLM	D	0.36%
NDAQ	C	0.35%
CHTR	D	0.35%
WAB	A	0.35%
CSGP	F	0.35%
MTD	B	0.34%
ON	F	0.34%
DAL	C	0.34%
EQR	C	0.33%
BIIB	F	0.33%
PHM	A	0.33%
PWR	B	0.33%
EFX	C	0.33%
WTW	B	0.33%
ANSS	D	0.32%
GPN	F	0.32%
NVR	A	0.31%
KEYS	B	0.3%
FTV	B	0.3%
HLT	A	0.3%
RCL	C	0.3%
CHD	C	0.29%
FSLR	C	0.29%
TTWO	F	0.29%
SBAC	B	0.29%
RMD	C	0.29%
DOV	C	0.29%
SW	C	0.28%
VMC	D	0.28%
VTR	C	0.28%
RJF	B	0.27%
FCNCA	D	0.27%
WY	B	0.27%
STE	D	0.26%
SQ	D	0.25%
WDC	C	0.25%
ZBH	F	0.25%
CBOE	A	0.25%
INVH	D	0.25%
ILMN	B	0.24%
ARE	D	0.24%
MSTR	B	0.24%
LDOS	A	0.24%
BLDR	B	0.24%
COO	C	0.24%
WBD	D	0.23%
TDY	A	0.23%
LNG	A	0.23%
BALL	C	0.23%
APTV	D	0.22%
TRU	A	0.22%
ESS	C	0.22%
AVTR	C	0.21%
J	D	0.21%
HOLX	D	0.21%
LH	D	0.21%
MAA	C	0.21%
DG	F	0.21%
CCL	C	0.21%
SUI	D	0.2%
CSL	A	0.2%
ZM	C	0.2%
STLD	B	0.2%
MSCI	B	0.2%
MAS	A	0.2%
TXT	F	0.19%
UAL	B	0.19%
PNR	C	0.18%
THC	C	0.18%
AMCR	B	0.18%
IEX	D	0.18%
SSNC	C	0.18%
ZBRA	A	0.17%
VLTO	A	0.17%
UDR	C	0.17%
CDW	D	0.17%
AKAM	D	0.17%
OC	C	0.17%
HOOD	C	0.17%
RVTY	B	0.17%
KIM	C	0.17%
TOL	A	0.17%
DOC	C	0.17%
MKL	C	0.17%
UTHR	C	0.17%
UHS	D	0.16%
JBHT	D	0.16%
IBKR	A	0.16%
L	D	0.16%
GGG	B	0.16%
USFD	C	0.16%
TRMB	B	0.16%
VRSN	B	0.16%
GEN	A	0.16%
IRM	A	0.16%
NDSN	B	0.16%
DLTR	F	0.16%
EXPD	C	0.16%
CPT	C	0.15%
HST	D	0.15%
REG	C	0.15%
ELS	D	0.15%
HES	D	0.15%
GLPI	A	0.15%
BMRN	F	0.15%
AMH	D	0.15%
WPC	C	0.15%
BRO	A	0.15%
RNR	A	0.15%
ACM	A	0.15%
CUBE	C	0.14%
TECH	C	0.14%
CVNA	A	0.14%
ALLE	A	0.14%
EME	C	0.14%
CW	A	0.14%
CLH	C	0.14%
JKHY	A	0.14%
FFIV	B	0.14%
BXP	C	0.14%
KMX	F	0.13%
CASY	D	0.13%
RRX	C	0.13%
SCI	C	0.13%
TFX	C	0.13%
FDS	C	0.13%
COHR	B	0.13%
JBL	D	0.13%
FTI	B	0.13%
BLD	C	0.13%
ITT	B	0.13%
EPAM	F	0.12%
FWONK	C	0.12%
ATR	A	0.12%
AFRM	C	0.12%
NLY	C	0.12%
CRL	F	0.12%
AVY	C	0.12%
Z	C	0.12%
NTNX	C	0.12%
FBIN	C	0.12%
BJ	D	0.12%
CTLT	A	0.12%
CACI	A	0.12%
CCK	C	0.12%
REXR	D	0.12%
MTCH	B	0.11%
FRT	D	0.11%
DPZ	D	0.11%
RGLD	C	0.11%
GL	C	0.11%
MKTX	C	0.11%
TTEK	B	0.11%
RIVN	F	0.11%
QRVO	F	0.11%
SOLV	C	0.11%
INCY	B	0.11%
ARMK	A	0.11%
AOS	B	0.11%
OHI	C	0.11%
NWSA	D	0.11%
ALB	D	0.11%
PFGC	A	0.11%
WWD	B	0.11%
AYI	A	0.1%
CIEN	A	0.1%
AA	B	0.1%
JLL	B	0.1%
TWLO	B	0.1%
MGM	D	0.1%
NNN	A	0.1%
DCI	B	0.1%
X	F	0.1%
LAMR	C	0.1%
NYT	A	0.1%
FYBR	C	0.1%
TTC	D	0.1%
WST	D	0.1%
PRI	A	0.1%
SNX	C	0.1%
GPK	C	0.1%
CZR	B	0.1%
EGP	D	0.1%
EHC	B	0.1%
HSIC	D	0.1%
WYNN	B	0.09%
BWXT	A	0.09%
MOH	D	0.09%
BWA	B	0.09%
SKX	B	0.09%
MIDD	D	0.09%
COKE	B	0.09%
PNFP	D	0.09%
WEX	C	0.09%
AGNC	C	0.09%
WAT	B	0.09%
KBR	D	0.09%
EXAS	C	0.09%
CHE	C	0.09%
GWRE	A	0.09%
ALGN	D	0.09%
ATI	B	0.09%
GMED	D	0.09%
BRBR	C	0.09%
DAY	B	0.09%
MTZ	B	0.09%
ALSN	A	0.09%
FCN	C	0.09%
FND	C	0.09%
AXTA	C	0.09%
AR	B	0.09%
APG	F	0.09%
COLD	D	0.09%
LAD	C	0.09%
PTC	D	0.09%
GME	F	0.09%
ROKU	C	0.09%
KNX	D	0.09%
MHK	B	0.09%
BRX	C	0.09%
TKO	A	0.09%
RBC	C	0.09%
TW	A	0.09%
CRUS	D	0.08%
NOV	F	0.08%
OKTA	F	0.08%
AAL	D	0.08%
MSA	F	0.08%
CROX	C	0.08%
G	A	0.08%
VNO	A	0.08%
BFAM	C	0.08%
RGEN	F	0.08%
SEIC	B	0.08%
HR	D	0.08%
JAZZ	F	0.08%
GNTX	D	0.08%
SAIC	A	0.08%
MKSI	F	0.08%
ARW	C	0.08%
ELAN	D	0.08%
ACHC	F	0.08%
SOFI	C	0.08%
FICO	A	0.08%
STAG	D	0.08%
WTFC	D	0.08%
KEX	C	0.08%
SSD	B	0.08%
ONTO	B	0.08%
CART	C	0.08%
WCC	C	0.08%
FR	C	0.08%
ADC	B	0.08%
SWN	C	0.08%
LECO	D	0.08%
CR	B	0.08%
H	C	0.07%
ESI	B	0.07%
MTSI	B	0.07%
DAR	F	0.07%
GWW	A	0.07%
GXO	D	0.07%
ESAB	B	0.07%
OLLI	C	0.07%
AZPN	C	0.07%
LFUS	C	0.07%
LW	D	0.07%
BIO	B	0.07%
LSTR	D	0.07%
CGNX	F	0.07%
STWD	C	0.07%
MAT	D	0.07%
WMS	D	0.07%
OLED	C	0.06%
W	D	0.06%
CCCS	D	0.06%
LINE	F	0.06%
HXL	F	0.06%
ALK	B	0.06%
LBRDK	B	0.06%
ROIV	D	0.06%
VNT	F	0.06%
WSC	D	0.06%
OLN	D	0.06%
THO	B	0.06%
ST	F	0.06%
XRAY	D	0.06%
TKR	D	0.06%
COIN	F	0.06%
PVH	F	0.06%
KD	F	0.06%
AMG	B	0.06%
SN	B	0.06%
S	C	0.06%
VMI	B	0.06%
POST	C	0.06%
MTDR	F	0.06%
SRCL	B	0.06%
RITM	D	0.06%
IAC	C	0.05%
UHAL	A	0.05%
LITE	A	0.05%
RH	C	0.05%
DBX	B	0.05%
BILL	D	0.05%
SITE	D	0.05%
GNRC	B	0.05%
DLB	D	0.05%
SLGN	C	0.05%
CPRI	B	0.05%
EEFT	F	0.05%
WTM	D	0.05%
ASH	F	0.05%
CUZ	C	0.05%
AN	C	0.05%
BYD	C	0.05%
FRPT	C	0.05%
PSN	A	0.05%
DOCS	A	0.05%
KRC	C	0.05%
RYN	C	0.05%
SAIA	D	0.05%
WLK	C	0.05%
AMED	D	0.04%
ZG	C	0.04%
PAYC	D	0.04%
ZI	F	0.04%
NWS	D	0.04%
NVST	D	0.04%
VNOM	B	0.04%
PK	D	0.04%
NSA	C	0.04%
PLNT	B	0.04%
SPR	D	0.04%
LBTYK	A	0.04%
MPW	C	0.04%
U	D	0.04%
LBTYA	A	0.04%
COTY	F	0.04%
HIW	C	0.04%
MSGS	A	0.04%
AMKR	F	0.04%
GTES	C	0.04%
NEU	F	0.04%
EPR	C	0.04%
CLF	D	0.04%
TYL	C	0.04%
AWI	A	0.04%
DXC	D	0.04%
ALNY	C	0.04%
GFS	F	0.04%
BROS	F	0.03%
EXP	C	0.03%
ENOV	F	0.03%
YETI	B	0.03%
HHH	C	0.03%
QDEL	D	0.03%
SHC	C	0.03%
MASI	B	0.03%
ULTA	D	0.03%
RKT	C	0.03%
BRKR	D	0.03%
AZTA	F	0.03%
BHF	F	0.03%
COLM	B	0.03%
ALGM	F	0.03%
CLVT	D	0.03%
LOPE	D	0.03%
CNM	F	0.03%
CXT	F	0.03%
CNXC	F	0.03%
PENN	D	0.03%
LCID	D	0.03%
LYFT	D	0.02%
UAA	B	0.02%
TRIP	F	0.02%
UA	B	0.02%
GO	F	0.02%
PPC	B	0.02%
INFA	D	0.02%
TER	C	0.02%
MP	B	0.02%
LEN	B	0.02%
BIRK	F	0.02%
FTRE	F	0.02%
GLOB	B	0.02%
SAM	D	0.02%
PSTG	F	0.02%
IPGP	D	0.02%
LLYVK	A	0.02%
QS	F	0.02%
VSTS	D	0.02%
AZEK	B	0.02%
LPX	A	0.02%
HAYW	B	0.02%
ADT	D	0.02%
BR	B	0.02%
ETSY	F	0.02%
RCM	B	0.02%
IONS	F	0.01%
PLTK	C	0.01%
CHH	B	0.01%
LBRDA	B	0.01%
PATH	D	0.01%
LLYVA	A	0.01%
TXG	F	0.01%
AS	B	0.01%
PYCR	D	0.01%
CAR	D	0.01%
SEB	D	0.01%
LSCC	D	0.01%
NCNO	F	0.01%
WOLF	F	0.01%
HCP	B	0.01%
ALAB	D	0.01%
FWONA	C	0.01%
DV	F	0.01%
FIVE	D	0.01%
CERT	F	0.01%
EXEL	B	0.01%
SNDR	C	0.01%
SEG	D	0.0%
LOAR	C	0.0%
PARAA	D	0.0%
DJT	F	0.0%
UWMC	D	0.0%
UHAL	A	0.0%
LAZ	C	0.0%
GRAL	F	0.0%

IWS Underweight 292 Positions Relative to VYM

Symbol	Grade	Weight
AVGO	C	-4.22%
JPM	D	-3.67%
XOM	A	-3.02%
PG	C	-2.31%
JNJ	D	-2.28%
HD	A	-2.08%
ABBV	A	-1.98%
WMT	A	-1.91%
MRK	F	-1.71%
KO	C	-1.6%
BAC	D	-1.58%
CVX	B	-1.41%
PEP	D	-1.35%
MCD	A	-1.19%
WFC	D	-1.17%
CSCO	A	-1.17%
QCOM	D	-1.12%
ABT	B	-1.12%
TXN	C	-1.11%
PM	C	-1.09%
AMGN	D	-1.02%
VZ	A	-1.0%
CAT	A	-0.99%
IBM	B	-0.97%
PFE	D	-0.94%
NEE	A	-0.94%
RTX	A	-0.93%
GS	C	-0.92%
UNP	D	-0.89%
CMCSA	B	-0.88%
PGR	C	-0.84%
LOW	A	-0.81%
T	A	-0.81%
HON	C	-0.77%
BLK	A	-0.76%
COP	D	-0.76%
ETN	C	-0.7%
MS	B	-0.69%
LMT	A	-0.69%
C	B	-0.68%
MDT	B	-0.67%
CB	A	-0.66%
ADI	C	-0.66%
ADP	A	-0.65%
SBUX	B	-0.61%
BMY	B	-0.58%
BX	C	-0.58%
CI	D	-0.57%
GILD	A	-0.56%
MDLZ	C	-0.55%
INTC	D	-0.54%
SO	A	-0.54%
MO	D	-0.53%
UPS	D	-0.53%
DUK	A	-0.5%
CL	D	-0.49%
WM	B	-0.48%
GD	A	-0.47%
ITW	A	-0.43%
PNC	C	-0.42%
EOG	B	-0.42%
MMM	C	-0.42%
CVS	D	-0.41%
TGT	C	-0.4%
FDX	D	-0.39%
USB	C	-0.37%
NXPI	F	-0.37%
MPC	F	-0.36%
SLB	D	-0.36%
NEM	C	-0.35%
APD	C	-0.35%
TFC	D	-0.34%
PSX	D	-0.34%
EMR	B	-0.34%
APO	A	-0.34%
NSC	C	-0.33%
AIG	F	-0.3%
SRE	A	-0.3%
TRV	C	-0.3%
AEP	C	-0.3%
KMB	B	-0.28%
PCAR	D	-0.28%
JCI	B	-0.28%
D	A	-0.27%
VLO	F	-0.27%
MET	A	-0.26%
F	D	-0.25%
KDP	C	-0.22%
KHC	D	-0.18%
TRGP	B	-0.18%
VST	A	-0.17%
ARES	A	-0.15%
EL	D	-0.12%
STX	B	-0.11%
CLX	B	-0.09%
CCEP	C	-0.09%
EQH	C	-0.08%
BAP	A	-0.07%
SCCO	B	-0.05%
ONB	D	-0.04%
ESNT	C	-0.04%
JXN	A	-0.04%
CRS	C	-0.04%
SSB	C	-0.04%
ALV	F	-0.04%
XP	F	-0.04%
CRBG	C	-0.04%
AVNT	B	-0.03%
MGY	B	-0.03%
SWX	C	-0.03%
NJR	C	-0.03%
HWC	D	-0.03%
UMBF	C	-0.03%
PIPR	B	-0.03%
MC	C	-0.03%
FFIN	D	-0.03%
POR	C	-0.03%
GATX	F	-0.03%
UBSI	D	-0.03%
HOMB	D	-0.03%
MUR	F	-0.03%
GBCI	C	-0.03%
RDN	D	-0.03%
CBT	B	-0.03%
BCPC	C	-0.03%
CADE	D	-0.03%
MGRC	D	-0.02%
TRN	C	-0.02%
INDB	D	-0.02%
YOU	C	-0.02%
SLVM	C	-0.02%
BKU	D	-0.02%
RRR	D	-0.02%
LCII	B	-0.02%
CALM	B	-0.02%
AVA	D	-0.02%
BTU	B	-0.02%
AWR	A	-0.02%
CATY	D	-0.02%
CCOI	B	-0.02%
AROC	B	-0.02%
MGEE	C	-0.02%
HP	F	-0.02%
CWT	D	-0.02%
CBU	D	-0.02%
SHOO	A	-0.02%
EBC	C	-0.02%
SXT	C	-0.02%
GLNG	A	-0.02%
LANC	F	-0.02%
STNG	D	-0.02%
NWE	B	-0.02%
IBOC	D	-0.02%
NSP	F	-0.02%
ASB	F	-0.02%
OTTR	F	-0.02%
FULT	D	-0.02%
WD	C	-0.02%
AUB	D	-0.02%
PBF	F	-0.02%
FBP	D	-0.02%
ABM	D	-0.02%
SR	C	-0.02%
CRC	B	-0.02%
ALE	A	-0.02%
UCBI	C	-0.02%
PTEN	F	-0.02%
PNM	B	-0.02%
VLY	C	-0.02%
CNO	C	-0.02%
KFY	C	-0.02%
SEM	D	-0.02%
OGS	C	-0.02%
NOG	D	-0.02%
BKH	C	-0.02%
SFBS	D	-0.02%
KTB	B	-0.02%
BRKL	D	-0.01%
DLX	F	-0.01%
FG	B	-0.01%
EMBC	D	-0.01%
JACK	F	-0.01%
FDP	C	-0.01%
MATV	F	-0.01%
WMK	D	-0.01%
KLG	D	-0.01%
SRCE	D	-0.01%
KALU	D	-0.01%
BHLB	D	-0.01%
EIG	B	-0.01%
KW	B	-0.01%
SAFT	D	-0.01%
BKE	D	-0.01%
DK	F	-0.01%
OXM	F	-0.01%
UVV	D	-0.01%
SCS	D	-0.01%
XRX	D	-0.01%
WABC	F	-0.01%
SFL	D	-0.01%
SASR	C	-0.01%
BLMN	F	-0.01%
NAVI	D	-0.01%
CSGS	C	-0.01%
VRTS	F	-0.01%
HMN	B	-0.01%
DAN	D	-0.01%
HOPE	D	-0.01%
AY	C	-0.01%
GBX	C	-0.01%
APOG	B	-0.01%
WOR	F	-0.01%
BHE	C	-0.01%
HTH	D	-0.01%
SYBT	D	-0.01%
HEES	D	-0.01%
PZZA	D	-0.01%
NWN	C	-0.01%
GEF	D	-0.01%
STBA	D	-0.01%
TROX	D	-0.01%
WGO	D	-0.01%
WLY	A	-0.01%
CHCO	D	-0.01%
FCF	D	-0.01%
LZB	C	-0.01%
NTB	D	-0.01%
NWBI	D	-0.01%
MCY	B	-0.01%
PDCO	F	-0.01%
WSBC	D	-0.01%
B	C	-0.01%
NMRK	A	-0.01%
CAKE	A	-0.01%
TNC	F	-0.01%
SJW	D	-0.01%
RNST	D	-0.01%
CABO	F	-0.01%
TRMK	D	-0.01%
BANR	C	-0.01%
KMT	C	-0.01%
MLKN	F	-0.01%
IBTX	C	-0.01%
SBLK	B	-0.01%
STRA	F	-0.01%
ADTN	B	-0.01%
BANF	D	-0.01%
PHIN	C	-0.01%
VGR	B	-0.01%
NBTB	D	-0.01%
FRME	D	-0.01%
SBCF	D	-0.01%
HI	F	-0.01%
ENR	B	-0.01%
TDS	B	-0.01%
HTLF	C	-0.01%
ARCH	D	-0.01%
PFS	D	-0.01%
TOWN	D	-0.01%
PPBI	F	-0.01%
CVBF	B	-0.01%
FIBK	D	-0.01%
TGNA	B	-0.01%
CNS	C	-0.01%
WAFD	D	-0.01%
FFBC	D	-0.01%
PRK	D	-0.01%
NOMD	D	-0.01%
IGT	F	-0.01%
VSH	F	-0.01%
HNI	B	-0.01%
CPK	C	-0.01%
BOH	D	-0.01%
APAM	C	-0.01%
JJSF	B	-0.01%
SFNC	C	-0.01%
TTEC	D	-0.0%
MEI	D	-0.0%
LSXMK	C	-0.0%
GTN	D	-0.0%
NUS	F	-0.0%
RBCAA	D	-0.0%
GES	F	-0.0%
ALGT	D	-0.0%
RGR	F	-0.0%
SCHL	F	-0.0%
MATW	F	-0.0%
CFFN	D	-0.0%
MNRO	B	-0.0%
CBRL	D	-0.0%
CVI	F	-0.0%
SSTK	F	-0.0%