SPXE vs. IUSV ETF Comparison

Comparison of ProShares S&P 500 Ex-Energy ETF (SPXE) to iShares Core U.S. Vaue ETF (IUSV)

SPXE

ProShares S&P 500 Ex-Energy ETF

SPXE Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Energy Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Energy Sector.

Grade (RS Rating)

Last Trade

$64.09

Average Daily Volume

1,356

Number of Holdings ^*

477

* may have additional holdings in another (foreign) market

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of 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 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$98.97

Average Daily Volume

517,714

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

Performance

Period	SPXE	IUSV
30 Days	2.38%	3.05%
60 Days	4.47%	4.28%
90 Days	6.26%	6.30%
12 Months	33.31%	27.24%

415 Overlapping Holdings

	Symbol	Grade	Weight in SPXE	Weight in IUSV	Overlap
	A	D	0.08%	0.17%	0.08%
	ABBV	D	0.61%	0.83%	0.61%
	ABNB	C	0.12%	0.13%	0.12%
	ABT	B	0.42%	0.87%	0.42%
	ACN	C	0.46%	0.46%	0.46%
	ADI	D	0.22%	0.19%	0.19%
	ADM	D	0.05%	0.11%	0.05%
	ADP	B	0.25%	0.33%	0.25%
	ADSK	A	0.13%	0.14%	0.13%
	AEE	A	0.05%	0.1%	0.05%
	AEP	D	0.11%	0.22%	0.11%
	AES	F	0.02%	0.04%	0.02%
	AFL	B	0.12%	0.24%	0.12%
	AIG	B	0.1%	0.21%	0.1%
	AIZ	A	0.02%	0.05%	0.02%
	AJG	B	0.13%	0.14%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	C	0.03%	0.05%	0.03%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.11%	0.23%	0.11%
	ALLE	D	0.02%	0.03%	0.02%
	AMCR	D	0.03%	0.06%	0.03%
	AME	A	0.09%	0.1%	0.09%
	AMGN	D	0.31%	0.7%	0.31%
	AMP	A	0.11%	0.11%	0.11%
	AMT	D	0.19%	0.23%	0.19%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.17%	0.17%	0.17%
	AOS	F	0.02%	0.01%	0.01%
	APD	A	0.15%	0.31%	0.15%
	APH	A	0.17%	0.17%	0.17%
	APTV	D	0.03%	0.06%	0.03%
	ARE	D	0.03%	0.07%	0.03%
	ATO	A	0.05%	0.1%	0.05%
	AVB	B	0.07%	0.14%	0.07%
	AVY	D	0.03%	0.07%	0.03%
	AWK	D	0.06%	0.11%	0.06%
	AXP	A	0.33%	0.21%	0.21%
	AZO	C	0.11%	0.07%	0.07%
	BA	F	0.22%	0.25%	0.22%
	BAC	A	0.66%	1.35%	0.66%
	BALL	D	0.04%	0.08%	0.04%
	BAX	D	0.04%	0.07%	0.04%
	BBY	D	0.04%	0.08%	0.04%
	BDX	F	0.13%	0.29%	0.13%
	BEN	C	0.01%	0.03%	0.01%
	BG	F	0.03%	0.05%	0.03%
	BIIB	F	0.05%	0.11%	0.05%
	BK	A	0.12%	0.25%	0.12%
	BLK	C	0.3%	0.64%	0.3%
	BMY	B	0.24%	0.52%	0.24%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.8%	3.74%	1.8%
	BRO	B	0.05%	0.03%	0.03%
	BSX	B	0.28%	0.25%	0.25%
	BWA	D	0.02%	0.03%	0.02%
	BX	A	0.27%	0.16%	0.16%
	BXP	D	0.02%	0.05%	0.02%
	C	A	0.27%	0.57%	0.27%
	CAG	D	0.03%	0.06%	0.03%
	CAH	B	0.06%	0.13%	0.06%
	CARR	D	0.13%	0.14%	0.13%
	CAT	B	0.39%	0.34%	0.34%
	CB	C	0.22%	0.47%	0.22%
	CBOE	B	0.04%	0.03%	0.03%
	CBRE	B	0.08%	0.17%	0.08%
	CCI	D	0.09%	0.2%	0.09%
	CCL	B	0.05%	0.03%	0.03%
	CDW	F	0.05%	0.06%	0.05%
	CEG	D	0.15%	0.17%	0.15%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.09%	0.04%
	CHD	B	0.06%	0.06%	0.06%
	CHRW	C	0.03%	0.06%	0.03%
	CHTR	C	0.08%	0.09%	0.08%
	CI	F	0.19%	0.4%	0.19%
	CINF	A	0.05%	0.1%	0.05%
	CL	D	0.16%	0.2%	0.16%
	CLX	B	0.04%	0.09%	0.04%
	CMCSA	B	0.35%	0.73%	0.35%
	CME	A	0.17%	0.22%	0.17%
	CMI	A	0.1%	0.22%	0.1%
	CMS	C	0.04%	0.09%	0.04%
	CNC	D	0.06%	0.13%	0.06%
	CNP	B	0.04%	0.09%	0.04%
	COF	B	0.14%	0.31%	0.14%
	COR	B	0.09%	0.19%	0.09%
	COST	B	0.85%	1.04%	0.85%
	CPB	D	0.02%	0.04%	0.02%
	CPT	B	0.03%	0.06%	0.03%
	CRL	C	0.02%	0.04%	0.02%
	CSCO	B	0.48%	1.02%	0.48%
	CSGP	D	0.06%	0.08%	0.06%
	CSX	B	0.14%	0.15%	0.14%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	B	0.02%	0.05%	0.02%
	CTSH	B	0.08%	0.17%	0.08%
	CTVA	C	0.08%	0.17%	0.08%
	CVS	D	0.15%	0.3%	0.15%
	CZR	F	0.02%	0.02%	0.02%
	D	C	0.1%	0.21%	0.1%
	DAL	C	0.08%	0.08%	0.08%
	DAY	B	0.02%	0.02%	0.02%
	DD	D	0.07%	0.15%	0.07%
	DE	A	0.22%	0.19%	0.19%
	DELL	C	0.08%	0.08%	0.08%
	DFS	B	0.09%	0.09%	0.09%
	DG	F	0.04%	0.07%	0.04%
	DGX	A	0.04%	0.08%	0.04%
	DHR	F	0.31%	0.67%	0.31%
	DIS	B	0.43%	0.87%	0.43%
	DLR	B	0.12%	0.14%	0.12%
	DLTR	F	0.03%	0.06%	0.03%
	DOC	D	0.03%	0.07%	0.03%
	DOV	A	0.06%	0.12%	0.06%
	DOW	F	0.06%	0.14%	0.06%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.11%	0.05%
	DUK	C	0.18%	0.37%	0.18%
	DVA	B	0.02%	0.01%	0.01%
	DXCM	D	0.06%	0.05%	0.05%
	EA	A	0.08%	0.1%	0.08%
	EBAY	D	0.06%	0.13%	0.06%
	ECL	D	0.13%	0.13%	0.13%
	ED	D	0.07%	0.14%	0.07%
	EFX	F	0.06%	0.09%	0.06%
	EG	C	0.03%	0.07%	0.03%
	EIX	B	0.07%	0.14%	0.07%
	EL	F	0.03%	0.07%	0.03%
	ELV	F	0.19%	0.41%	0.19%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.15%	0.32%	0.15%
	ENPH	F	0.02%	0.02%	0.02%
	EPAM	C	0.03%	0.04%	0.03%
	EQIX	A	0.18%	0.2%	0.18%
	EQR	B	0.05%	0.11%	0.05%
	ERIE	D	0.02%	0.02%	0.02%
	ES	D	0.05%	0.1%	0.05%
	ESS	B	0.04%	0.08%	0.04%
	ETN	A	0.29%	0.24%	0.24%
	ETR	B	0.07%	0.14%	0.07%
	EVRG	A	0.03%	0.06%	0.03%
	EW	C	0.09%	0.11%	0.09%
	EXC	C	0.08%	0.17%	0.08%
	EXPD	D	0.03%	0.05%	0.03%
	EXR	D	0.07%	0.15%	0.07%
	F	C	0.09%	0.19%	0.09%
	FAST	B	0.1%	0.1%	0.1%
	FCX	D	0.13%	0.14%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.14%	0.29%	0.14%
	FE	C	0.04%	0.09%	0.04%
	FFIV	B	0.03%	0.06%	0.03%
	FI	A	0.25%	0.26%	0.25%
	FIS	C	0.1%	0.21%	0.1%
	FITB	A	0.07%	0.14%	0.07%
	FMC	D	0.01%	0.03%	0.01%
	FOX	A	0.01%	0.03%	0.01%
	FOXA	B	0.02%	0.05%	0.02%
	FRT	B	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.09%	0.04%
	GD	F	0.15%	0.33%	0.15%
	GE	D	0.4%	0.48%	0.4%
	GEHC	F	0.08%	0.17%	0.08%
	GEN	B	0.03%	0.07%	0.03%
	GEV	B	0.19%	0.22%	0.19%
	GILD	C	0.23%	0.5%	0.23%
	GIS	D	0.07%	0.16%	0.07%
	GL	B	0.02%	0.04%	0.02%
	GLW	B	0.07%	0.16%	0.07%
	GM	B	0.13%	0.28%	0.13%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.04%	0.08%	0.04%
	GPN	B	0.06%	0.13%	0.06%
	GRMN	B	0.07%	0.07%	0.07%
	GS	A	0.39%	0.81%	0.39%
	GWW	B	0.11%	0.06%	0.06%
	HAS	D	0.02%	0.04%	0.02%
	HBAN	A	0.05%	0.11%	0.05%
	HCA	F	0.13%	0.15%	0.13%
	HD	A	0.84%	1.11%	0.84%
	HIG	B	0.07%	0.15%	0.07%
	HII	D	0.02%	0.03%	0.02%
	HOLX	D	0.04%	0.08%	0.04%
	HON	B	0.31%	0.66%	0.31%
	HPE	B	0.06%	0.12%	0.06%
	HPQ	B	0.08%	0.16%	0.08%
	HRL	D	0.02%	0.04%	0.02%
	HSIC	B	0.02%	0.04%	0.02%
	HST	C	0.03%	0.02%	0.02%
	HSY	F	0.05%	0.07%	0.05%
	HUBB	B	0.05%	0.06%	0.05%
	HUM	C	0.07%	0.15%	0.07%
	HWM	A	0.1%	0.09%	0.09%
	IBM	C	0.4%	0.84%	0.4%
	ICE	C	0.19%	0.39%	0.19%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.03%	0.08%	0.03%
	IFF	D	0.05%	0.1%	0.05%
	INCY	C	0.03%	0.05%	0.03%
	INTC	D	0.22%	0.47%	0.22%
	INVH	D	0.04%	0.08%	0.04%
	IP	B	0.04%	0.09%	0.04%
	IPG	D	0.02%	0.05%	0.02%
	IQV	D	0.07%	0.09%	0.07%
	IR	B	0.09%	0.04%	0.04%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.39%	0.28%	0.28%
	ITW	B	0.15%	0.17%	0.15%
	IVZ	B	0.02%	0.03%	0.02%
	J	F	0.04%	0.08%	0.04%
	JBHT	C	0.03%	0.06%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.12%	0.25%	0.12%
	JKHY	D	0.03%	0.06%	0.03%
	JNJ	D	0.77%	1.6%	0.77%
	JNPR	F	0.02%	0.06%	0.02%
	JPM	A	1.45%	3.01%	1.45%
	K	A	0.05%	0.09%	0.05%
	KDP	D	0.07%	0.16%	0.07%
	KEY	B	0.04%	0.08%	0.04%
	KEYS	A	0.05%	0.12%	0.05%
	KHC	F	0.06%	0.12%	0.06%
	KIM	A	0.04%	0.07%	0.04%
	KMB	D	0.1%	0.19%	0.1%
	KMX	B	0.03%	0.05%	0.03%
	KO	D	0.5%	0.65%	0.5%
	KR	B	0.08%	0.17%	0.08%
	KVUE	A	0.09%	0.2%	0.09%
	L	A	0.03%	0.07%	0.03%
	LDOS	C	0.04%	0.1%	0.04%
	LEN	D	0.08%	0.08%	0.08%
	LH	C	0.04%	0.09%	0.04%
	LHX	C	0.1%	0.21%	0.1%
	LIN	D	0.45%	0.46%	0.45%
	LKQ	D	0.02%	0.04%	0.02%
	LMT	D	0.23%	0.5%	0.23%
	LNT	A	0.03%	0.07%	0.03%
	LOW	D	0.32%	0.67%	0.32%
	LUV	C	0.04%	0.08%	0.04%
	LVS	C	0.04%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.09%	0.04%
	MA	C	0.89%	0.53%	0.53%
	MAA	B	0.04%	0.08%	0.04%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.43%	0.52%	0.43%
	MCHP	D	0.07%	0.06%	0.06%
	MCK	B	0.16%	0.35%	0.16%
	MCO	B	0.15%	0.17%	0.15%
	MDLZ	F	0.18%	0.22%	0.18%
	MDT	D	0.23%	0.48%	0.23%
	MET	A	0.1%	0.21%	0.1%
	MGM	D	0.02%	0.01%	0.01%
	MHK	D	0.01%	0.03%	0.01%
	MKC	D	0.04%	0.08%	0.04%
	MKTX	D	0.02%	0.04%	0.02%
	MLM	B	0.07%	0.05%	0.05%
	MMC	B	0.23%	0.23%	0.23%
	MMM	D	0.15%	0.32%	0.15%
	MNST	C	0.08%	0.07%	0.07%
	MO	A	0.2%	0.41%	0.2%
	MOH	F	0.04%	0.03%	0.03%
	MOS	F	0.02%	0.04%	0.02%
	MRK	F	0.51%	0.65%	0.51%
	MRNA	F	0.03%	0.06%	0.03%
	MS	A	0.35%	0.72%	0.35%
	MSCI	C	0.1%	0.09%	0.09%
	MSI	B	0.17%	0.15%	0.15%
	MTB	A	0.07%	0.16%	0.07%
	MTCH	D	0.02%	0.04%	0.02%
	MTD	D	0.05%	0.07%	0.05%
	MU	D	0.22%	0.48%	0.22%
	NDAQ	A	0.07%	0.14%	0.07%
	NDSN	B	0.03%	0.06%	0.03%
	NEE	D	0.33%	0.68%	0.33%
	NEM	D	0.1%	0.2%	0.1%
	NI	A	0.03%	0.07%	0.03%
	NKE	D	0.19%	0.23%	0.19%
	NOC	D	0.14%	0.3%	0.14%
	NRG	B	0.04%	0.08%	0.04%
	NSC	B	0.12%	0.26%	0.12%
	NTAP	C	0.05%	0.07%	0.05%
	NTRS	A	0.05%	0.09%	0.05%
	NUE	C	0.07%	0.06%	0.06%
	NWS	B	0.01%	0.02%	0.01%
	NWSA	B	0.02%	0.05%	0.02%
	NXPI	D	0.12%	0.06%	0.06%
	O	D	0.1%	0.21%	0.1%
	OMC	C	0.04%	0.09%	0.04%
	ON	D	0.06%	0.07%	0.06%
	ORLY	B	0.15%	0.08%	0.08%
	OTIS	C	0.08%	0.11%	0.08%
	PARA	C	0.01%	0.03%	0.01%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	C	0.09%	0.12%	0.09%
	PCAR	B	0.12%	0.07%	0.07%
	PCG	A	0.09%	0.2%	0.09%
	PEG	A	0.09%	0.19%	0.09%
	PEP	F	0.45%	0.63%	0.45%
	PFE	D	0.29%	0.64%	0.29%
	PFG	D	0.04%	0.08%	0.04%
	PG	A	0.83%	1.05%	0.83%
	PGR	A	0.31%	0.33%	0.31%
	PH	A	0.18%	0.09%	0.09%
	PKG	A	0.04%	0.09%	0.04%
	PLD	D	0.22%	0.46%	0.22%
	PM	B	0.43%	0.55%	0.43%
	PNC	B	0.17%	0.36%	0.17%
	PNR	A	0.04%	0.02%	0.02%
	PNW	B	0.02%	0.04%	0.02%
	PODD	C	0.04%	0.05%	0.04%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.13%	0.06%
	PPL	B	0.05%	0.11%	0.05%
	PRU	A	0.1%	0.2%	0.1%
	PSA	D	0.11%	0.13%	0.11%
	PTC	A	0.05%	0.04%	0.04%
	PWR	A	0.1%	0.06%	0.06%
	PYPL	B	0.18%	0.38%	0.18%
	QCOM	F	0.38%	0.38%	0.38%
	QRVO	F	0.01%	0.03%	0.01%
	REG	B	0.03%	0.05%	0.03%
	REGN	F	0.17%	0.15%	0.15%
	RF	A	0.05%	0.11%	0.05%
	RJF	A	0.06%	0.13%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.07%	0.15%	0.07%
	ROK	B	0.07%	0.07%	0.07%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.15%	0.12%
	RSG	A	0.09%	0.08%	0.08%
	RTX	C	0.33%	0.69%	0.33%
	RVTY	F	0.03%	0.06%	0.03%
	SBAC	D	0.05%	0.06%	0.05%
	SBUX	A	0.24%	0.2%	0.2%
	SCHW	B	0.25%	0.52%	0.25%
	SHW	A	0.18%	0.2%	0.18%
	SJM	D	0.02%	0.05%	0.02%
	SNA	A	0.04%	0.05%	0.04%
	SO	D	0.2%	0.41%	0.2%
	SOLV	C	0.02%	0.04%	0.02%
	SPG	B	0.12%	0.15%	0.12%
	SPGI	C	0.33%	0.4%	0.33%
	SRE	A	0.12%	0.25%	0.12%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.03%	0.03%
	STT	A	0.06%	0.12%	0.06%
	STX	D	0.04%	0.05%	0.04%
	STZ	D	0.08%	0.17%	0.08%
	SW	A	0.05%	0.11%	0.05%
	SWK	D	0.03%	0.06%	0.03%
	SWKS	F	0.03%	0.06%	0.03%
	SYF	B	0.05%	0.11%	0.05%
	SYK	C	0.28%	0.21%	0.21%
	SYY	B	0.08%	0.16%	0.08%
	T	A	0.34%	0.7%	0.34%
	TAP	C	0.02%	0.05%	0.02%
	TDY	B	0.04%	0.1%	0.04%
	TECH	D	0.02%	0.05%	0.02%
	TER	D	0.04%	0.08%	0.04%
	TFC	A	0.13%	0.27%	0.13%
	TFX	F	0.02%	0.04%	0.02%
	TGT	F	0.15%	0.31%	0.15%
	TJX	A	0.28%	0.21%	0.21%
	TMO	F	0.4%	0.55%	0.4%
	TMUS	B	0.24%	0.51%	0.24%
	TPR	B	0.03%	0.06%	0.03%
	TRMB	B	0.04%	0.08%	0.04%
	TROW	B	0.05%	0.12%	0.05%
	TRV	B	0.12%	0.26%	0.12%
	TSCO	D	0.06%	0.08%	0.06%
	TSN	B	0.04%	0.08%	0.04%
	TT	A	0.19%	0.13%	0.13%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.39%	0.52%	0.39%
	TXT	D	0.03%	0.07%	0.03%
	UAL	A	0.06%	0.13%	0.06%
	UDR	B	0.03%	0.06%	0.03%
	UHS	D	0.02%	0.05%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.13%	1.48%	1.13%
	UNP	C	0.3%	0.34%	0.3%
	UPS	C	0.21%	0.42%	0.21%
	USB	A	0.16%	0.34%	0.16%
	V	A	1.08%	0.77%	0.77%
	VICI	C	0.07%	0.14%	0.07%
	VLTO	D	0.05%	0.11%	0.05%
	VMC	B	0.08%	0.06%	0.06%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	F	0.03%	0.04%	0.03%
	VRTX	F	0.25%	0.2%	0.2%
	VTR	C	0.05%	0.11%	0.05%
	VTRS	A	0.03%	0.07%	0.03%
	VZ	C	0.37%	0.75%	0.37%
	WAB	B	0.07%	0.15%	0.07%
	WAT	B	0.04%	0.06%	0.04%
	WBA	F	0.01%	0.03%	0.01%
	WBD	C	0.04%	0.1%	0.04%
	WDC	D	0.04%	0.09%	0.04%
	WEC	A	0.07%	0.13%	0.07%
	WELL	A	0.16%	0.34%	0.16%
	WFC	A	0.52%	1.08%	0.52%
	WM	A	0.17%	0.19%	0.17%
	WMT	A	0.76%	1.6%	0.76%
	WRB	A	0.04%	0.08%	0.04%
	WTW	B	0.07%	0.14%	0.07%
	WY	D	0.05%	0.1%	0.05%
	XEL	A	0.08%	0.17%	0.08%
	XYL	D	0.06%	0.13%	0.06%
	YUM	B	0.08%	0.09%	0.08%
	ZBH	C	0.05%	0.1%	0.05%
	ZBRA	B	0.04%	0.09%	0.04%
	ZTS	D	0.17%	0.16%	0.16%

SPXE Overweight 62 Positions Relative to IUSV

	Symbol	Grade	Weight
	AAPL	C	7.2%
	NVDA	C	7.16%
	MSFT	F	6.42%
	AMZN	C	3.91%
	META	D	2.52%
	GOOGL	C	2.13%
	TSLA	B	1.95%
	GOOG	C	1.76%
	AVGO	D	1.6%
	LLY	F	1.19%
	NFLX	A	0.75%
	CRM	B	0.65%
	ORCL	B	0.62%
	AMD	F	0.47%
	ADBE	C	0.46%
	NOW	A	0.43%
	INTU	C	0.39%
	BKNG	A	0.35%
	UBER	D	0.3%
	AMAT	F	0.29%
	PLTR	B	0.26%
	PANW	C	0.26%
	KKR	A	0.21%
	ANET	C	0.2%
	LRCX	F	0.19%
	SNPS	B	0.17%
	CMG	B	0.17%
	CDNS	B	0.17%
	KLAC	D	0.17%
	CRWD	B	0.16%
	MAR	B	0.14%
	TDG	D	0.14%
	HLT	A	0.13%
	FTNT	C	0.12%
	RCL	A	0.11%
	URI	B	0.11%
	FICO	B	0.11%
	ROST	C	0.1%
	DHI	D	0.1%
	CPRT	A	0.1%
	VST	B	0.1%
	AXON	A	0.09%
	ACGL	D	0.08%
	IT	C	0.08%
	ODFL	B	0.08%
	LULU	C	0.07%
	PHM	D	0.06%
	DECK	A	0.06%
	MPWR	F	0.06%
	NVR	D	0.06%
	WST	C	0.05%
	EXPE	B	0.05%
	CPAY	A	0.05%
	TYL	B	0.05%
	GDDY	A	0.05%
	FTV	C	0.05%
	BLDR	D	0.04%
	LYV	A	0.04%
	CE	F	0.02%
	WYNN	D	0.02%
	SMCI	F	0.02%
	NCLH	B	0.02%

SPXE Underweight 313 Positions Relative to IUSV

	Symbol	Grade	Weight
	XOM	B	-2.34%
	CVX	A	-1.2%
	SLB	C	-0.27%
	PSX	C	-0.24%
	KMI	A	-0.23%
	VLO	C	-0.2%
	BKR	B	-0.19%
	COP	C	-0.18%
	WMB	A	-0.18%
	OXY	D	-0.15%
	HAL	C	-0.12%
	TEL	B	-0.12%
	DVN	F	-0.11%
	EQT	B	-0.11%
	EOG	A	-0.11%
	ILMN	D	-0.1%
	MPC	D	-0.1%
	OKE	A	-0.1%
	EXE	B	-0.09%
	RGA	A	-0.07%
	FNF	B	-0.07%
	COHR	B	-0.07%
	THC	D	-0.07%
	USFD	A	-0.07%
	DOCU	A	-0.07%
	PFGC	B	-0.06%
	AFG	A	-0.05%
	GME	C	-0.05%
	AA	B	-0.05%
	FHN	A	-0.05%
	BJ	A	-0.05%
	RRX	B	-0.05%
	COO	D	-0.05%
	SF	B	-0.05%
	JEF	A	-0.05%
	WPC	D	-0.05%
	JLL	D	-0.05%
	SNV	B	-0.04%
	X	C	-0.04%
	SSB	B	-0.04%
	AVTR	F	-0.04%
	SFM	A	-0.04%
	OGE	B	-0.04%
	MTZ	B	-0.04%
	GPK	C	-0.04%
	TPL	A	-0.04%
	ZION	B	-0.04%
	WTFC	A	-0.04%
	FLR	B	-0.04%
	SNX	C	-0.04%
	AR	B	-0.04%
	ORI	A	-0.04%
	XPO	B	-0.04%
	KNX	B	-0.04%
	GMED	A	-0.04%
	WCC	B	-0.04%
	CNH	C	-0.04%
	AAL	B	-0.04%
	UTHR	C	-0.04%
	NLY	C	-0.04%
	ALLY	C	-0.04%
	LAD	A	-0.04%
	WBS	A	-0.04%
	UNM	A	-0.04%
	ARMK	B	-0.04%
	THO	B	-0.03%
	JHG	A	-0.03%
	KRG	B	-0.03%
	FNB	A	-0.03%
	THG	A	-0.03%
	PVH	C	-0.03%
	LITE	B	-0.03%
	RNR	C	-0.03%
	CIEN	B	-0.03%
	SCI	B	-0.03%
	ESNT	D	-0.03%
	OHI	C	-0.03%
	ARW	D	-0.03%
	INGR	B	-0.03%
	STWD	C	-0.03%
	WHR	B	-0.03%
	HR	C	-0.03%
	GBCI	B	-0.03%
	CTRA	B	-0.03%
	DAR	C	-0.03%
	NOV	C	-0.03%
	COLB	A	-0.03%
	KD	B	-0.03%
	EWBC	A	-0.03%
	BIO	D	-0.03%
	FAF	A	-0.03%
	CACI	D	-0.03%
	BURL	A	-0.03%
	CMC	B	-0.03%
	DINO	D	-0.03%
	VNO	B	-0.03%
	VMI	B	-0.03%
	ONB	B	-0.03%
	OSK	B	-0.03%
	TMHC	B	-0.03%
	R	B	-0.03%
	G	B	-0.03%
	BERY	B	-0.03%
	ADC	B	-0.03%
	GLPI	C	-0.03%
	MRO	B	-0.03%
	FYBR	D	-0.03%
	ACM	A	-0.03%
	IBKR	A	-0.03%
	PB	A	-0.03%
	RPM	A	-0.03%
	CYTK	F	-0.02%
	CNM	D	-0.02%
	PII	D	-0.02%
	GATX	A	-0.02%
	DTM	B	-0.02%
	FR	C	-0.02%
	XRAY	F	-0.02%
	PRGO	B	-0.02%
	MIDD	C	-0.02%
	ALE	A	-0.02%
	MAT	D	-0.02%
	ASH	D	-0.02%
	IDA	A	-0.02%
	CGNX	C	-0.02%
	HOG	D	-0.02%
	MKSI	C	-0.02%
	SR	A	-0.02%
	DCI	B	-0.02%
	MTG	C	-0.02%
	HQY	B	-0.02%
	ASB	B	-0.02%
	SEIC	B	-0.02%
	ASGN	F	-0.02%
	KRC	C	-0.02%
	TXNM	A	-0.02%
	CNO	A	-0.02%
	TCBI	B	-0.02%
	FLS	B	-0.02%
	ORA	B	-0.02%
	SAIC	F	-0.02%
	OGS	A	-0.02%
	SLGN	A	-0.02%
	KBR	F	-0.02%
	KMPR	B	-0.02%
	TTC	D	-0.02%
	AN	C	-0.02%
	FLO	D	-0.02%
	RGLD	C	-0.02%
	SBRA	C	-0.02%
	KEX	C	-0.02%
	M	D	-0.02%
	BKH	A	-0.02%
	BRBR	A	-0.02%
	TKO	B	-0.02%
	JAZZ	B	-0.02%
	SWX	B	-0.02%
	AVNT	B	-0.02%
	CUZ	B	-0.02%
	IRT	A	-0.02%
	LAMR	D	-0.02%
	ATR	B	-0.02%
	AVT	C	-0.02%
	VLY	B	-0.02%
	AMH	D	-0.02%
	ELS	C	-0.02%
	CUBE	D	-0.02%
	POR	C	-0.02%
	NJR	A	-0.02%
	BRX	A	-0.02%
	CW	B	-0.02%
	NNN	D	-0.02%
	SON	D	-0.02%
	ST	F	-0.02%
	WAL	B	-0.02%
	AYI	B	-0.02%
	GAP	C	-0.02%
	WTRG	B	-0.02%
	BDC	B	-0.02%
	CBSH	A	-0.02%
	VOYA	B	-0.02%
	UGI	A	-0.02%
	NXST	C	-0.02%
	POST	C	-0.02%
	CFR	B	-0.02%
	UMBF	B	-0.02%
	DKS	C	-0.02%
	BMRN	D	-0.02%
	UBSI	B	-0.02%
	NFG	A	-0.02%
	CLF	F	-0.02%
	LEA	D	-0.02%
	EHC	B	-0.02%
	PNFP	B	-0.02%
	AMG	B	-0.02%
	CG	A	-0.02%
	REXR	F	-0.02%
	FBIN	D	-0.02%
	HOMB	A	-0.02%
	AGCO	D	-0.02%
	CCK	C	-0.02%
	UA	C	-0.01%
	HGV	B	-0.01%
	TNL	A	-0.01%
	IPGP	D	-0.01%
	YETI	C	-0.01%
	CPRI	F	-0.01%
	EPR	D	-0.01%
	MMS	F	-0.01%
	PSN	D	-0.01%
	NSP	D	-0.01%
	BLKB	B	-0.01%
	VC	D	-0.01%
	WEN	D	-0.01%
	NSA	D	-0.01%
	COLM	B	-0.01%
	KNF	A	-0.01%
	TEX	D	-0.01%
	SAM	C	-0.01%
	GEF	A	-0.01%
	AMED	F	-0.01%
	SYNA	C	-0.01%
	POWI	D	-0.01%
	OPCH	D	-0.01%
	LIVN	F	-0.01%
	CHH	A	-0.01%
	MSM	C	-0.01%
	HAE	C	-0.01%
	VSH	D	-0.01%
	IRDM	D	-0.01%
	UAA	C	-0.01%
	DLB	B	-0.01%
	CNXC	F	-0.01%
	VNOM	A	-0.01%
	CADE	B	-0.01%
	LFUS	F	-0.01%
	LANC	C	-0.01%
	ROIV	C	-0.01%
	CRI	D	-0.01%
	CHX	C	-0.01%
	CBT	C	-0.01%
	PPC	C	-0.01%
	ALGM	D	-0.01%
	SRPT	D	-0.01%
	EEFT	B	-0.01%
	CDP	C	-0.01%
	ALTM	C	-0.01%
	SMG	D	-0.01%
	EQH	B	-0.01%
	LSTR	D	-0.01%
	ZI	D	-0.01%
	AM	A	-0.01%
	BC	C	-0.01%
	JWN	C	-0.01%
	IBOC	A	-0.01%
	ENS	D	-0.01%
	RCM	F	-0.01%
	MTN	C	-0.01%
	CRUS	D	-0.01%
	EXPO	D	-0.01%
	BRKR	D	-0.01%
	HWC	B	-0.01%
	RYN	D	-0.01%
	NOVT	D	-0.01%
	LPX	B	-0.01%
	GNTX	C	-0.01%
	HXL	D	-0.01%
	ENOV	C	-0.01%
	RLI	B	-0.01%
	OZK	B	-0.01%
	GXO	B	-0.01%
	CHWY	B	-0.01%
	GT	C	-0.01%
	WU	D	-0.01%
	WH	B	-0.01%
	MASI	A	-0.01%
	MUR	D	-0.01%
	SIGI	C	-0.01%
	RH	B	-0.01%
	MTSI	B	-0.01%
	CXT	B	-0.01%
	KBH	D	-0.01%
	CC	C	-0.01%
	NEOG	F	-0.01%
	ALV	C	-0.01%
	TKR	D	-0.01%
	AMKR	D	-0.01%
	OLN	D	-0.01%
	PCH	D	-0.01%
	VAC	B	-0.01%
	MAN	D	-0.01%
	PBF	D	-0.01%
	CVLT	B	-0.01%
	SLM	A	-0.01%
	PAG	B	-0.01%
	FFIN	B	-0.01%
	EVR	B	-0.01%
	GHC	C	-0.01%
	EXLS	B	-0.01%
	AZPN	A	-0.01%
	EGP	F	-0.01%
	DOCS	C	-0.01%
	FLG	C	-0.01%
	STAG	F	-0.01%
	BHF	B	-0.01%
	AMTM	D	-0.01%
	CHE	D	-0.01%
	NWE	B	-0.01%
	NVST	B	-0.01%
	FHI	A	-0.01%
	MAGN	F	-0.0%
	AZTA	D	-0.0%
	WMG	C	-0.0%

SPXE: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Computing Electricity Insurance Dow Jones Component Natural Gas Electronics Medicine Real Estate Investment Trust Telecommunications Aerospace Bank Semiconductor Banking Chemical Insurance Products Transport Investment Bank Mobile Devices

IUSV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Packaged Foods Semiconductors Packaging & Containers Software - Application Specialty Chemicals Capital Markets Medical Instruments & Supplies Specialty Retail Biotechnology Insurance - Property & Casualty Oil & Gas E&P Information Technology Services Medical Devices REIT - Diversified

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Insurance Real Estate Investment Trust Banking Electricity Chemical Electronics Aerospace Mining Medicine Computing Telecommunications Dow Jones Component Insurance Products Semiconductor Beverage Plastic