TILT vs. IWS ETF Comparison

Comparison of FlexShares Mornigstar US Market Factors Tilt Index Fund ETF (TILT) to iShares Russell Mid-cap Value ETF (IWS)

TILT

FlexShares Mornigstar US Market Factors Tilt Index Fund ETF

TILT Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MorningstarÂ® US Market Factor Tilt IndexSM. The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index reflects the performance of a selection of U.S. equity securities that is designed to provide broad exposure to the overall U.S. equities market, with increased exposure (or a "tilt") to small-capitalization stocks and value stocks. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$204.46

Average Daily Volume

14,154

Number of Holdings ^*

1840

* may have additional holdings in another (foreign) market

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

$122.95

Average Daily Volume

282,220

Number of Holdings ^*

710

* may have additional holdings in another (foreign) market

Performance

Period	TILT	IWS
30 Days	3.44%	-0.45%
60 Days	4.51%	-1.83%
90 Days	5.34%	-0.50%
12 Months	22.20%	9.63%

665 Overlapping Holdings

Symbol	Grade	Weight in TILT	Weight in IWS	Overlap
A	D	0.05%	0.45%	0.05%
AA	C	0.02%	0.09%	0.02%
AAL	F	0.08%	0.08%	0.08%
AAP	F	0.01%	0.04%	0.01%
ACGL	D	0.07%	0.43%	0.07%
ACHC	F	0.01%	0.07%	0.01%
ACI	F	0.01%	0.1%	0.01%
ACM	D	0.02%	0.15%	0.02%
ADC	B	0.02%	0.08%	0.02%
ADM	C	0.06%	0.38%	0.06%
AEE	D	0.04%	0.23%	0.04%
AES	D	0.02%	0.16%	0.02%
AFG	D	0.02%	0.11%	0.02%
AFL	B	0.09%	0.63%	0.09%
AFRM	F	0.02%	0.08%	0.02%
AGCO	F	0.07%	0.07%	0.07%
AGNC	A	0.09%	0.08%	0.08%
AGO	B	0.02%	0.05%	0.02%
AGR	D	0.01%	0.03%	0.01%
AIZ	D	0.11%	0.11%	0.11%
AJG	A	0.08%	0.65%	0.08%
AKAM	D	0.02%	0.17%	0.02%
AL	D	0.06%	0.06%	0.06%
ALB	F	0.02%	0.14%	0.02%
ALGM	C	0.0%	0.03%	0.0%
ALGN	D	0.02%	0.09%	0.02%
ALK	F	0.06%	0.06%	0.06%
ALL	D	0.07%	0.44%	0.07%
ALLE	D	0.01%	0.12%	0.01%
ALLY	B	0.02%	0.12%	0.02%
ALNY	A	0.04%	0.04%	0.04%
ALSN	B	0.08%	0.08%	0.08%
AM	B	0.02%	0.04%	0.02%
AMCR	C	0.02%	0.17%	0.02%
AME	D	0.05%	0.47%	0.05%
AMED	A	0.01%	0.04%	0.01%
AMG	C	0.07%	0.06%	0.06%
AMH	B	0.01%	0.16%	0.01%
AMKR	A	0.02%	0.06%	0.02%
AMP	B	0.06%	0.05%	0.05%
AN	D	0.06%	0.05%	0.05%
ANSS	B	0.05%	0.35%	0.05%
AOS	D	0.02%	0.12%	0.02%
APA	F	0.02%	0.13%	0.02%
APG	D	0.02%	0.1%	0.02%
APTV	D	0.04%	0.23%	0.04%
AR	D	0.01%	0.12%	0.01%
ARE	D	0.02%	0.25%	0.02%
ARMK	C	0.02%	0.11%	0.02%
ARW	D	0.08%	0.08%	0.08%
ASH	D	0.01%	0.06%	0.01%
ATI	D	0.03%	0.09%	0.03%
ATO	C	0.02%	0.21%	0.02%
ATR	C	0.02%	0.12%	0.02%
AVB	B	0.04%	0.35%	0.04%
AVT	C	0.06%	0.06%	0.06%
AVTR	F	0.02%	0.18%	0.02%
AVY	D	0.02%	0.14%	0.02%
AWI	D	0.01%	0.04%	0.01%
AWK	C	0.04%	0.31%	0.04%
AXS	B	0.06%	0.07%	0.06%
AXTA	C	0.02%	0.09%	0.02%
AYI	D	0.03%	0.09%	0.03%
AZEK	D	0.01%	0.02%	0.01%
AZTA	F	0.01%	0.03%	0.01%
BALL	D	0.03%	0.23%	0.03%
BAX	D	0.03%	0.21%	0.03%
BBWI	F	0.1%	0.1%	0.1%
BBY	B	0.03%	0.22%	0.03%
BC	D	0.06%	0.06%	0.06%
BEN	D	0.01%	0.08%	0.01%
BERY	D	0.09%	0.08%	0.08%
BFAM	B	0.02%	0.07%	0.02%
BG	B	0.02%	0.19%	0.02%
BHF	D	0.04%	0.04%	0.04%
BIIB	C	0.04%	0.4%	0.04%
BILL	F	0.02%	0.05%	0.02%
BIO	D	0.02%	0.06%	0.02%
BJ	B	0.02%	0.14%	0.02%
BK	A	0.08%	0.56%	0.08%
BKR	C	0.05%	0.42%	0.05%
BLD	D	0.02%	0.14%	0.02%
BLDR	D	0.03%	0.18%	0.03%
BMRN	C	0.02%	0.19%	0.02%
BOKF	C	0.02%	0.03%	0.02%
BPOP	B	0.08%	0.07%	0.07%
BR	B	0.03%	0.03%	0.03%
BRBR	C	0.02%	0.1%	0.02%
BRKR	F	0.01%	0.03%	0.01%
BRO	B	0.03%	0.15%	0.03%
BROS	C	0.01%	0.03%	0.01%
BRX	B	0.01%	0.09%	0.01%
BWA	D	0.08%	0.09%	0.08%
BWXT	B	0.02%	0.09%	0.02%
BXP	B	0.01%	0.12%	0.01%
BYD	C	0.04%	0.05%	0.04%
CACC	B	0.01%	0.01%	0.01%
CACC	B	0.01%	0.01%	0.01%
CACI	B	0.03%	0.12%	0.03%
CAG	D	0.02%	0.16%	0.02%
CAH	D	0.05%	0.12%	0.05%
CAR	F	0.02%	0.01%	0.01%
CASY	C	0.03%	0.14%	0.03%
CBRE	B	0.03%	0.33%	0.03%
CBSH	A	0.01%	0.08%	0.01%
CC	D	0.05%	0.04%	0.04%
CCI	D	0.05%	0.52%	0.05%
CCK	F	0.02%	0.1%	0.02%
CCL	C	0.02%	0.21%	0.02%
CDW	D	0.04%	0.18%	0.04%
CE	D	0.03%	0.14%	0.03%
CF	F	0.03%	0.16%	0.03%
CFG	B	0.03%	0.2%	0.03%
CFR	D	0.08%	0.07%	0.07%
CG	D	0.01%	0.11%	0.01%
CGNX	B	0.02%	0.09%	0.02%
CHD	D	0.04%	0.32%	0.04%
CHE	F	0.02%	0.09%	0.02%
CHH	B	0.01%	0.01%	0.01%
CHK	D	0.02%	0.13%	0.02%
CHRD	D	0.13%	0.13%	0.13%
CHRW	C	0.02%	0.12%	0.02%
CHTR	C	0.06%	0.35%	0.06%
CIEN	F	0.02%	0.08%	0.02%
CINF	B	0.02%	0.22%	0.02%
CIVI	D	0.06%	0.06%	0.06%
CLF	D	0.02%	0.06%	0.02%
CLH	C	0.02%	0.14%	0.02%
CLVT	F	0.02%	0.03%	0.02%
CMA	B	0.09%	0.08%	0.08%
CMI	D	0.07%	0.46%	0.07%
CMS	C	0.03%	0.21%	0.03%
CNC	D	0.07%	0.44%	0.07%
CNH	F	0.01%	0.11%	0.01%
CNM	D	0.02%	0.04%	0.02%
CNP	C	0.03%	0.24%	0.03%
CNXC	C	0.03%	0.04%	0.03%
COHR	B	0.03%	0.12%	0.03%
COIN	D	0.06%	0.09%	0.06%
COKE	C	0.02%	0.08%	0.02%
COLB	B	0.06%	0.05%	0.05%
COLD	B	0.01%	0.09%	0.01%
COLM	D	0.01%	0.03%	0.01%
COTY	F	0.01%	0.05%	0.01%
CPB	B	0.01%	0.11%	0.01%
CPRI	D	0.05%	0.05%	0.05%
CPT	B	0.01%	0.14%	0.01%
CR	D	0.01%	0.09%	0.01%
CRI	F	0.02%	0.03%	0.02%
CRL	F	0.02%	0.13%	0.02%
CROX	D	0.11%	0.09%	0.09%
CRUS	B	0.01%	0.09%	0.01%
CSGP	F	0.04%	0.37%	0.04%
CSL	C	0.03%	0.21%	0.03%
CTLT	B	0.03%	0.13%	0.03%
CTRA	D	0.04%	0.24%	0.04%
CTSH	C	0.05%	0.42%	0.05%
CTVA	D	0.05%	0.45%	0.05%
CUBE	C	0.02%	0.12%	0.02%
CUZ	C	0.0%	0.04%	0.0%
CVNA	B	0.04%	0.11%	0.04%
CW	B	0.03%	0.13%	0.03%
CWEN	D	0.01%	0.02%	0.01%
CWEN	D	0.0%	0.01%	0.0%
CWEN	D	0.01%	0.01%	0.01%
CWEN	D	0.0%	0.02%	0.0%
CZR	C	0.03%	0.1%	0.03%
DAL	D	0.05%	0.38%	0.05%
DAR	D	0.07%	0.07%	0.07%
DAY	F	0.0%	0.08%	0.0%
DBX	F	0.01%	0.05%	0.01%
DCI	D	0.03%	0.11%	0.03%
DD	B	0.05%	0.41%	0.05%
DDS	C	0.01%	0.02%	0.01%
DFS	C	0.06%	0.41%	0.06%
DG	F	0.04%	0.34%	0.04%
DGX	C	0.03%	0.19%	0.03%
DHI	D	0.08%	0.5%	0.08%
DINO	F	0.02%	0.11%	0.02%
DKS	D	0.02%	0.13%	0.02%
DLB	D	0.01%	0.06%	0.01%
DLR	A	0.06%	0.6%	0.06%
DLTR	F	0.03%	0.27%	0.03%
DNB	D	0.04%	0.03%	0.03%
DOC	B	0.01%	0.17%	0.01%
DOCS	C	0.0%	0.04%	0.0%
DOV	C	0.04%	0.3%	0.04%
DOW	D	0.06%	0.46%	0.06%
DPZ	D	0.02%	0.14%	0.02%
DRI	F	0.02%	0.1%	0.02%
DTE	D	0.05%	0.28%	0.05%
DTM	B	0.02%	0.08%	0.02%
DV	F	0.01%	0.02%	0.01%
DVN	D	0.06%	0.37%	0.06%
DXC	C	0.04%	0.04%	0.04%
EA	A	0.05%	0.46%	0.05%
EBAY	C	0.05%	0.33%	0.05%
ED	D	0.05%	0.38%	0.05%
EEFT	D	0.05%	0.05%	0.05%
EFX	C	0.05%	0.29%	0.05%
EG	D	0.02%	0.16%	0.02%
EGP	B	0.02%	0.1%	0.02%
EHC	C	0.02%	0.1%	0.02%
EIX	C	0.04%	0.34%	0.04%
ELAN	F	0.09%	0.09%	0.09%
ELS	C	0.02%	0.14%	0.02%
EME	D	0.03%	0.13%	0.03%
EMN	D	0.02%	0.14%	0.02%
ENOV	F	0.01%	0.03%	0.01%
EPAM	F	0.02%	0.12%	0.02%
EPR	B	0.01%	0.04%	0.01%
EQR	B	0.04%	0.31%	0.04%
EQT	D	0.02%	0.2%	0.02%
ES	D	0.03%	0.25%	0.03%
ESAB	D	0.02%	0.07%	0.02%
ESI	B	0.02%	0.07%	0.02%
ESS	B	0.02%	0.21%	0.02%
ETR	D	0.03%	0.28%	0.03%
ETSY	F	0.02%	0.03%	0.02%
EVR	A	0.02%	0.1%	0.02%
EVRG	C	0.03%	0.14%	0.03%
EWBC	D	0.12%	0.12%	0.12%
EXAS	F	0.0%	0.06%	0.0%
EXC	D	0.05%	0.43%	0.05%
EXEL	C	0.02%	0.01%	0.01%
EXP	D	0.02%	0.02%	0.02%
EXPD	C	0.03%	0.18%	0.03%
EXR	C	0.05%	0.4%	0.05%
FAF	D	0.07%	0.07%	0.07%
FANG	B	0.07%	0.45%	0.07%
FAST	D	0.05%	0.07%	0.05%
FCN	C	0.02%	0.09%	0.02%
FCNCA	C	0.03%	0.25%	0.03%
FDS	D	0.02%	0.13%	0.02%
FE	C	0.04%	0.27%	0.04%
FFIV	C	0.01%	0.12%	0.01%
FHB	C	0.03%	0.03%	0.03%
FHN	B	0.11%	0.1%	0.1%
FICO	B	0.06%	0.07%	0.06%
FIS	D	0.07%	0.53%	0.07%
FITB	C	0.05%	0.31%	0.05%
FIVE	F	0.02%	0.01%	0.01%
FLO	D	0.01%	0.05%	0.01%
FLS	D	0.02%	0.08%	0.02%
FMC	F	0.01%	0.09%	0.01%
FNB	B	0.06%	0.06%	0.06%
FND	F	0.02%	0.08%	0.02%
FNF	D	0.03%	0.16%	0.03%
FOX	A	0.0%	0.05%	0.0%
FOXA	A	0.01%	0.1%	0.01%
FR	B	0.02%	0.08%	0.02%
FRPT	C	0.02%	0.05%	0.02%
FRT	B	0.02%	0.1%	0.02%
FSLR	D	0.03%	0.3%	0.03%
FTRE	D	0.0%	0.02%	0.0%
FTV	D	0.03%	0.31%	0.03%
FYBR	C	0.07%	0.08%	0.07%
G	F	0.05%	0.07%	0.05%
GEHC	C	0.04%	0.37%	0.04%
GGG	D	0.02%	0.16%	0.02%
GIS	D	0.06%	0.44%	0.06%
GL	D	0.09%	0.1%	0.09%
GLPI	B	0.02%	0.14%	0.02%
GLW	A	0.05%	0.36%	0.05%
GME	C	0.02%	0.08%	0.02%
GMED	A	0.01%	0.1%	0.01%
GNRC	C	0.02%	0.05%	0.02%
GNTX	D	0.02%	0.1%	0.02%
GO	F	0.0%	0.03%	0.0%
GPC	F	0.03%	0.23%	0.03%
GPK	D	0.09%	0.1%	0.09%
GPN	F	0.04%	0.3%	0.04%
GPS	C	0.07%	0.06%	0.06%
GRMN	C	0.04%	0.31%	0.04%
GTES	D	0.03%	0.04%	0.03%
GWRE	B	0.04%	0.08%	0.04%
GWW	D	0.05%	0.06%	0.05%
GXO	F	0.02%	0.07%	0.02%
H	B	0.02%	0.07%	0.02%
HAL	F	0.05%	0.37%	0.05%
HAS	D	0.01%	0.01%	0.01%
HAYW	D	0.01%	0.02%	0.01%
HBAN	D	0.03%	0.23%	0.03%
HCP	C	0.01%	0.01%	0.01%
HES	D	0.06%	0.18%	0.06%
HIG	D	0.06%	0.37%	0.06%
HII	D	0.02%	0.12%	0.02%
HIW	B	0.01%	0.03%	0.01%
HLI	A	0.01%	0.08%	0.01%
HLT	A	0.08%	0.32%	0.08%
HOG	F	0.05%	0.05%	0.05%
HOLX	C	0.03%	0.21%	0.03%
HOOD	C	0.02%	0.19%	0.02%
HPE	B	0.05%	0.33%	0.05%
HPQ	B	0.06%	0.32%	0.06%
HRB	C	0.03%	0.08%	0.03%
HRL	D	0.02%	0.11%	0.02%
HSIC	F	0.1%	0.1%	0.1%
HST	D	0.02%	0.15%	0.02%
HSY	D	0.03%	0.29%	0.03%
HUBB	D	0.03%	0.24%	0.03%
HUM	C	0.07%	0.54%	0.07%
HUN	F	0.0%	0.04%	0.0%
HWM	C	0.05%	0.37%	0.05%
HXL	D	0.01%	0.07%	0.01%
IAC	D	0.05%	0.04%	0.04%
IBKR	B	0.02%	0.16%	0.02%
IDA	D	0.01%	0.06%	0.01%
IEX	D	0.02%	0.18%	0.02%
IFF	B	0.03%	0.3%	0.03%
ILMN	D	0.02%	0.21%	0.02%
INCY	B	0.01%	0.12%	0.01%
INFA	D	0.01%	0.02%	0.01%
INGR	C	0.09%	0.09%	0.09%
INVH	B	0.03%	0.27%	0.03%
IONS	B	0.02%	0.01%	0.01%
IP	C	0.02%	0.19%	0.02%
IPG	F	0.02%	0.13%	0.02%
IPGP	D	0.01%	0.03%	0.01%
IQV	D	0.06%	0.41%	0.06%
IR	C	0.05%	0.45%	0.05%
IRDM	F	0.01%	0.04%	0.01%
IRM	A	0.04%	0.11%	0.04%
ITT	D	0.03%	0.13%	0.03%
IVZ	C	0.06%	0.07%	0.06%
J	D	0.03%	0.21%	0.03%
JAZZ	F	0.09%	0.08%	0.08%
JBHT	F	0.02%	0.16%	0.02%
JBL	D	0.03%	0.15%	0.03%
JEF	A	0.1%	0.08%	0.08%
JHG	A	0.06%	0.06%	0.06%
JKHY	D	0.02%	0.15%	0.02%
JLL	B	0.03%	0.08%	0.03%
JNPR	B	0.02%	0.14%	0.02%
JWN	B	0.03%	0.03%	0.03%
K	D	0.03%	0.18%	0.03%
KBR	C	0.02%	0.1%	0.02%
KD	C	0.02%	0.07%	0.02%
KEX	C	0.03%	0.09%	0.03%
KEY	C	0.03%	0.16%	0.03%
KEYS	D	0.03%	0.29%	0.03%
KIM	B	0.02%	0.16%	0.02%
KMI	A	0.06%	0.48%	0.06%
KMPR	B	0.04%	0.04%	0.04%
KMX	B	0.02%	0.13%	0.02%
KNX	C	0.01%	0.1%	0.01%
KR	C	0.06%	0.41%	0.06%
KRC	D	0.0%	0.05%	0.0%
KSS	F	0.03%	0.03%	0.03%
KVUE	F	0.05%	0.43%	0.05%
L	C	0.03%	0.17%	0.03%
LAD	F	0.09%	0.08%	0.08%
LAMR	C	0.02%	0.1%	0.02%
LBRDA	D	0.02%	0.01%	0.01%
LBRDK	D	0.08%	0.06%	0.06%
LCID	C	0.01%	0.03%	0.01%
LDOS	B	0.03%	0.24%	0.03%
LEA	F	0.08%	0.08%	0.08%
LECO	D	0.02%	0.09%	0.02%
LEG	F	0.03%	0.02%	0.02%
LEN	D	0.07%	0.02%	0.02%
LEN	D	0.0%	0.43%	0.0%
LEN	D	0.07%	0.43%	0.07%
LEN	D	0.0%	0.02%	0.0%
LFUS	C	0.02%	0.08%	0.02%
LHX	A	0.06%	0.52%	0.06%
LITE	B	0.02%	0.04%	0.02%
LKQ	D	0.02%	0.14%	0.02%
LNC	B	0.06%	0.06%	0.06%
LNG	B	0.06%	0.24%	0.06%
LNT	B	0.02%	0.16%	0.02%
LOPE	D	0.01%	0.03%	0.01%
LPX	D	0.02%	0.02%	0.02%
LSCC	D	0.02%	0.01%	0.01%
LSTR	D	0.02%	0.08%	0.02%
LUV	C	0.03%	0.21%	0.03%
LW	F	0.02%	0.1%	0.02%
LYB	D	0.04%	0.31%	0.04%
LYFT	F	0.02%	0.02%	0.02%
M	D	0.06%	0.06%	0.06%
MAA	C	0.02%	0.2%	0.02%
MAN	F	0.04%	0.04%	0.04%
MAS	D	0.03%	0.18%	0.03%
MASI	F	0.01%	0.03%	0.01%
MAT	F	0.06%	0.07%	0.06%
MCHP	C	0.07%	0.61%	0.07%
MDU	C	0.02%	0.06%	0.02%
MGM	B	0.02%	0.13%	0.02%
MHK	D	0.07%	0.07%	0.07%
MIDD	D	0.01%	0.08%	0.01%
MKC	C	0.03%	0.22%	0.03%
MKL	D	0.04%	0.19%	0.04%
MKSI	A	0.03%	0.1%	0.03%
MKTX	D	0.03%	0.09%	0.03%
MLM	D	0.05%	0.38%	0.05%
MOH	F	0.03%	0.08%	0.03%
MOS	F	0.02%	0.11%	0.02%
MP	D	0.0%	0.02%	0.0%
MPW	D	0.03%	0.03%	0.03%
MRO	C	0.04%	0.2%	0.04%
MSA	B	0.02%	0.08%	0.02%
MSCI	C	0.05%	0.2%	0.05%
MSGS	B	0.0%	0.04%	0.0%
MSM	F	0.01%	0.04%	0.01%
MSTR	D	0.03%	0.23%	0.03%
MTB	B	0.05%	0.31%	0.05%
MTCH	D	0.03%	0.1%	0.03%
MTD	D	0.04%	0.35%	0.04%
MTDR	D	0.08%	0.08%	0.08%
MTG	B	0.07%	0.07%	0.07%
MTN	F	0.02%	0.01%	0.01%
MTSI	B	0.01%	0.08%	0.01%
MTZ	D	0.02%	0.08%	0.02%
NDAQ	B	0.03%	0.27%	0.03%
NDSN	D	0.02%	0.16%	0.02%
NEU	F	0.04%	0.04%	0.04%
NFE	F	0.02%	0.01%	0.01%
NFG	C	0.06%	0.06%	0.06%
NI	A	0.02%	0.16%	0.02%
NNN	B	0.03%	0.1%	0.03%
NOV	D	0.02%	0.09%	0.02%
NRG	D	0.03%	0.13%	0.03%
NSA	C	0.01%	0.04%	0.01%
NTAP	A	0.05%	0.18%	0.05%
NTNX	D	0.03%	0.13%	0.03%
NTRS	B	0.03%	0.21%	0.03%
NUE	F	0.07%	0.46%	0.07%
NVR	C	0.03%	0.27%	0.03%
NVST	F	0.04%	0.03%	0.03%
NVT	D	0.02%	0.16%	0.02%
NWL	F	0.03%	0.03%	0.03%
NWS	A	0.0%	0.04%	0.0%
NWSA	A	0.01%	0.13%	0.01%
NXST	B	0.07%	0.04%	0.04%
NYT	A	0.03%	0.1%	0.03%
O	C	0.07%	0.56%	0.07%
OC	D	0.03%	0.18%	0.03%
OGE	C	0.01%	0.09%	0.01%
OGN	D	0.06%	0.06%	0.06%
OHI	A	0.02%	0.1%	0.02%
OKE	B	0.09%	0.6%	0.09%
OKTA	C	0.02%	0.1%	0.02%
OLED	B	0.03%	0.06%	0.03%
OLLI	B	0.02%	0.07%	0.02%
OLN	F	0.01%	0.07%	0.01%
OMC	C	0.03%	0.21%	0.03%
OMF	D	0.07%	0.07%	0.07%
ON	C	0.05%	0.38%	0.05%
ONTO	A	0.04%	0.1%	0.04%
ORI	C	0.1%	0.1%	0.1%
OSK	F	0.09%	0.09%	0.09%
OTIS	B	0.06%	0.48%	0.06%
OVV	D	0.03%	0.16%	0.03%
OZK	D	0.06%	0.05%	0.05%
PAG	D	0.01%	0.03%	0.01%
PARA	D	0.09%	0.08%	0.08%
PATH	F	0.01%	0.01%	0.01%
PAYC	F	0.0%	0.03%	0.0%
PAYX	D	0.05%	0.3%	0.05%
PB	C	0.07%	0.07%	0.07%
PCG	C	0.06%	0.45%	0.06%
PEG	A	0.06%	0.46%	0.06%
PENN	C	0.03%	0.03%	0.03%
PFG	C	0.04%	0.23%	0.04%
PFGC	F	0.01%	0.1%	0.01%
PHM	D	0.04%	0.27%	0.04%
PII	F	0.05%	0.05%	0.05%
PINC	F	0.02%	0.03%	0.02%
PK	F	0.03%	0.04%	0.03%
PKG	D	0.03%	0.2%	0.03%
PLNT	C	0.02%	0.04%	0.02%
PLTK	F	0.01%	0.01%	0.01%
PNFP	C	0.08%	0.07%	0.07%
PNR	D	0.02%	0.15%	0.02%
PNW	C	0.1%	0.1%	0.1%
POST	C	0.07%	0.06%	0.06%
PPC	C	0.01%	0.02%	0.01%
PPG	D	0.04%	0.36%	0.04%
PPL	C	0.03%	0.25%	0.03%
PR	B	0.11%	0.1%	0.1%
PRGO	D	0.04%	0.04%	0.04%
PRI	C	0.02%	0.1%	0.02%
PRU	A	0.08%	0.53%	0.08%
PSN	C	0.01%	0.05%	0.01%
PSTG	B	0.03%	0.03%	0.03%
PTC	C	0.03%	0.11%	0.03%
PVH	D	0.08%	0.07%	0.07%
PWR	D	0.06%	0.32%	0.06%
PYCR	F	0.0%	0.01%	0.0%
QRVO	A	0.02%	0.14%	0.02%
QS	F	0.02%	0.02%	0.02%
R	D	0.07%	0.07%	0.07%
RBC	C	0.02%	0.1%	0.02%
RCL	B	0.06%	0.3%	0.06%
RCM	C	0.0%	0.02%	0.0%
REG	B	0.01%	0.14%	0.01%
REXR	C	0.03%	0.12%	0.03%
REYN	D	0.0%	0.02%	0.0%
RF	B	0.03%	0.23%	0.03%
RGA	B	0.02%	0.17%	0.02%
RGEN	F	0.02%	0.07%	0.02%
RGLD	B	0.02%	0.1%	0.02%
RH	D	0.0%	0.04%	0.0%
RHI	F	0.01%	0.08%	0.01%
RIVN	C	0.14%	0.15%	0.14%
RJF	D	0.04%	0.28%	0.04%
RKT	D	0.01%	0.02%	0.01%
RL	C	0.02%	0.08%	0.02%
RLI	D	0.01%	0.07%	0.01%
RMD	D	0.04%	0.25%	0.04%
RNR	D	0.02%	0.14%	0.02%
ROK	C	0.04%	0.34%	0.04%
ROKU	C	0.02%	0.08%	0.02%
ROST	B	0.07%	0.45%	0.07%
RPM	D	0.02%	0.13%	0.02%
RPRX	F	0.02%	0.12%	0.02%
RRC	D	0.02%	0.1%	0.02%
RRX	D	0.02%	0.11%	0.02%
RS	D	0.03%	0.2%	0.03%
RYN	F	0.01%	0.05%	0.01%
S	D	0.02%	0.05%	0.02%
SAIA	C	0.02%	0.06%	0.02%
SAIC	F	0.02%	0.07%	0.02%
SAM	D	0.01%	0.03%	0.01%
SBAC	D	0.03%	0.25%	0.03%
SCI	D	0.02%	0.12%	0.02%
SEE	D	0.06%	0.03%	0.03%
SEIC	D	0.01%	0.08%	0.01%
SF	B	0.11%	0.1%	0.1%
SHC	C	0.01%	0.02%	0.01%
SIRI	C	0.01%	0.03%	0.01%
SITE	F	0.02%	0.04%	0.02%
SJM	F	0.02%	0.14%	0.02%
SKX	D	0.02%	0.1%	0.02%
SLGN	D	0.01%	0.04%	0.01%
SLM	D	0.06%	0.06%	0.06%
SMG	D	0.01%	0.03%	0.01%
SNA	D	0.02%	0.16%	0.02%
SNDR	C	0.01%	0.01%	0.01%
SNV	B	0.08%	0.07%	0.07%
SNX	D	0.0%	0.11%	0.0%
SOFI	D	0.02%	0.07%	0.02%
SOLV	F	0.01%	0.09%	0.01%
SON	F	0.06%	0.06%	0.06%
SPB	D	0.01%	0.03%	0.01%
SPG	B	0.06%	0.44%	0.06%
SPR	B	0.01%	0.04%	0.01%
SQ	D	0.05%	0.25%	0.05%
SRCL	B	0.02%	0.07%	0.02%
SRCL	B	0.01%	0.07%	0.01%
SSD	D	0.01%	0.08%	0.01%
SSNC	C	0.02%	0.17%	0.02%
ST	D	0.06%	0.07%	0.06%
STAG	B	0.02%	0.08%	0.02%
STE	D	0.03%	0.26%	0.03%
STLD	D	0.04%	0.23%	0.04%
STT	C	0.04%	0.28%	0.04%
STWD	C	0.07%	0.07%	0.07%
SUI	C	0.02%	0.18%	0.02%
SWK	D	0.01%	0.15%	0.01%
SWKS	B	0.03%	0.21%	0.03%
SWN	D	0.1%	0.09%	0.09%
SYF	B	0.03%	0.23%	0.03%
SYY	D	0.05%	0.16%	0.05%
TAP	F	0.02%	0.11%	0.02%
TDY	D	0.03%	0.22%	0.03%
TECH	D	0.02%	0.14%	0.02%
TER	A	0.03%	0.03%	0.03%
TFSL	C	0.01%	0.01%	0.01%
TFX	B	0.01%	0.12%	0.01%
THC	C	0.03%	0.16%	0.03%
THG	D	0.05%	0.06%	0.05%
THO	D	0.06%	0.06%	0.06%
TKR	D	0.02%	0.06%	0.02%
TNL	C	0.03%	0.04%	0.03%
TOL	D	0.02%	0.14%	0.02%
TPG	D	0.01%	0.03%	0.01%
TPR	C	0.11%	0.11%	0.11%
TRIP	F	0.0%	0.02%	0.0%
TRMB	D	0.02%	0.17%	0.02%
TROW	B	0.05%	0.31%	0.05%
TRU	C	0.02%	0.17%	0.02%
TSN	D	0.02%	0.2%	0.02%
TTC	C	0.02%	0.11%	0.02%
TTEK	D	0.02%	0.1%	0.02%
TTWO	D	0.04%	0.32%	0.04%
TW	D	0.02%	0.09%	0.02%
TWLO	F	0.01%	0.1%	0.01%
TXG	F	0.0%	0.01%	0.0%
TXT	D	0.03%	0.2%	0.03%
TYL	B	0.04%	0.04%	0.04%
UA	D	0.01%	0.02%	0.01%
UAA	D	0.02%	0.01%	0.01%
UAL	D	0.02%	0.2%	0.02%
UDR	B	0.02%	0.16%	0.02%
UGI	D	0.07%	0.06%	0.06%
UHAL	D	0.0%	0.0%	0.0%
UHAL	D	0.0%	0.04%	0.0%
UHAL	D	0.01%	0.0%	0.0%
UHAL	D	0.01%	0.04%	0.01%
UHS	C	0.02%	0.13%	0.02%
ULTA	D	0.03%	0.03%	0.03%
UNM	C	0.02%	0.12%	0.02%
URI	D	0.07%	0.41%	0.07%
USFD	D	0.02%	0.15%	0.02%
UTHR	A	0.03%	0.17%	0.03%
VAC	D	0.03%	0.04%	0.03%
VFC	D	0.05%	0.06%	0.05%
VICI	D	0.05%	0.36%	0.05%
VIRT	D	0.03%	0.02%	0.02%
VLTO	D	0.04%	0.16%	0.04%
VMC	D	0.04%	0.3%	0.04%
VMI	C	0.01%	0.06%	0.01%
VNO	B	0.02%	0.06%	0.02%
VNT	D	0.02%	0.07%	0.02%
VOYA	D	0.09%	0.09%	0.09%
VRSN	F	0.02%	0.18%	0.02%
VTR	B	0.02%	0.26%	0.02%
VTRS	C	0.02%	0.15%	0.02%
W	D	0.02%	0.06%	0.02%
WAB	C	0.04%	0.34%	0.04%
WAL	B	0.09%	0.08%	0.08%
WAT	D	0.03%	0.08%	0.03%
WBA	F	0.01%	0.1%	0.01%
WBD	D	0.04%	0.22%	0.04%
WBS	D	0.1%	0.09%	0.09%
WCC	D	0.09%	0.09%	0.09%
WDC	B	0.04%	0.31%	0.04%
WEC	D	0.03%	0.3%	0.03%
WEN	F	0.01%	0.02%	0.01%
WEX	D	0.02%	0.08%	0.02%
WH	C	0.01%	0.06%	0.01%
WHR	C	0.07%	0.07%	0.07%
WLK	D	0.0%	0.06%	0.0%
WMB	B	0.08%	0.64%	0.08%
WMS	D	0.02%	0.08%	0.02%
WOLF	F	0.0%	0.04%	0.0%
WPC	D	0.02%	0.15%	0.02%
WRB	B	0.02%	0.2%	0.02%
WRK	C	0.02%	0.16%	0.02%
WSC	F	0.01%	0.06%	0.01%
WSM	D	0.03%	0.09%	0.03%
WSO	B	0.02%	0.2%	0.02%
WST	F	0.04%	0.11%	0.04%
WTFC	B	0.07%	0.08%	0.07%
WTM	D	0.02%	0.05%	0.02%
WTRG	C	0.02%	0.11%	0.02%
WTW	C	0.04%	0.33%	0.04%
WU	D	0.05%	0.04%	0.04%
WWD	C	0.03%	0.13%	0.03%
WY	F	0.03%	0.24%	0.03%
WYNN	F	0.02%	0.1%	0.02%
X	C	0.11%	0.11%	0.11%
XEL	D	0.06%	0.36%	0.06%
XRAY	F	0.02%	0.06%	0.02%
XYL	C	0.05%	0.39%	0.05%
YETI	F	0.0%	0.03%	0.0%
YUM	D	0.06%	0.28%	0.06%
Z	B	0.02%	0.09%	0.02%
ZBH	F	0.03%	0.27%	0.03%
ZBRA	B	0.02%	0.16%	0.02%
ZG	C	0.01%	0.03%	0.01%
ZI	F	0.0%	0.05%	0.0%
ZION	A	0.09%	0.08%	0.08%
ZM	F	0.03%	0.18%	0.03%

TILT Overweight 1181 Positions Relative to IWS

Symbol	Grade	Weight
MSFT	A	4.9%
AAPL	A	4.57%
NVDA	B	4.37%
AMZN	A	2.66%
META	B	1.6%
GOOGL	A	1.55%
GOOG	A	1.4%
BRK.A	C	1.29%
AVGO	B	1.12%
LLY	A	1.08%
JPM	B	1.05%
TSLA	B	0.97%
XOM	D	0.91%
UNH	D	0.79%
JNJ	D	0.62%
V	D	0.61%
HD	B	0.58%
PG	B	0.56%
MRK	C	0.56%
COST	B	0.55%
MA	D	0.52%
ABBV	C	0.51%
BAC	A	0.5%
CVX	D	0.48%
WMT	A	0.43%
NFLX	C	0.42%
QCOM	B	0.4%
WFC	C	0.38%
AMD	B	0.38%
ADBE	B	0.37%
KO	C	0.36%
CSCO	D	0.34%
CRM	F	0.34%
ORCL	C	0.33%
DIS	F	0.32%
PEP	D	0.32%
TMO	D	0.3%
AMGN	B	0.3%
LIN	B	0.3%
VZ	B	0.3%
CAT	D	0.29%
AMAT	A	0.29%
PM	A	0.28%
PFE	C	0.28%
IBM	B	0.28%
ACN	D	0.27%
GS	A	0.27%
NEE	D	0.26%
TXN	B	0.26%
INTU	C	0.26%
CMCSA	F	0.26%
GE	C	0.25%
ABT	D	0.25%
MCD	F	0.25%
T	B	0.24%
DHR	D	0.24%
AXP	B	0.24%
RTX	D	0.24%
COP	D	0.24%
NOW	C	0.23%
MS	A	0.23%
ISRG	A	0.22%
ELV	C	0.22%
LOW	D	0.22%
MU	B	0.22%
UBER	C	0.21%
C	A	0.21%
UNP	D	0.2%
HON	B	0.2%
SPGI	A	0.2%
BLK	B	0.2%
LRCX	A	0.2%
BA	C	0.2%
INTC	C	0.19%
BKNG	B	0.19%
LMT	C	0.18%
VRTX	A	0.18%
MDT	D	0.18%
CB	C	0.18%
TJX	A	0.18%
ETN	C	0.18%
PGR	B	0.18%
ADI	B	0.17%
CI	D	0.17%
KLAC	A	0.17%
UPS	F	0.17%
MMC	B	0.16%
SCHW	C	0.16%
MDLZ	D	0.16%
BSX	B	0.16%
SYK	B	0.16%
SO	B	0.15%
PLD	B	0.15%
GILD	C	0.15%
PANW	C	0.15%
REGN	B	0.15%
SBUX	F	0.15%
DE	F	0.15%
MO	A	0.14%
ADP	D	0.14%
FDX	C	0.13%
NKE	F	0.13%
CRWD	C	0.13%
EOG	B	0.13%
CVS	F	0.13%
AMT	B	0.13%
ANET	B	0.13%
TMUS	B	0.13%
DUK	B	0.13%
SNPS	B	0.13%
MCK	C	0.13%
GD	D	0.12%
ICE	A	0.12%
SLB	D	0.12%
BMY	D	0.12%
TGT	D	0.12%
BDX	F	0.12%
KKR	B	0.12%
ZTS	C	0.12%
CMG	D	0.12%
CDNS	B	0.12%
BX	B	0.12%
TT	B	0.11%
PNC	A	0.11%
NOC	F	0.11%
PSX	F	0.11%
USB	C	0.11%
FCX	C	0.11%
PYPL	D	0.11%
HCA	D	0.11%
APH	B	0.11%
MELI	B	0.11%
CL	B	0.11%
WM	B	0.11%
CSX	D	0.11%
MPC	F	0.11%
APD	D	0.1%
VLO	D	0.1%
COF	D	0.1%
MSI	A	0.1%
PH	D	0.1%
EQIX	C	0.1%
SHW	C	0.1%
ITW	D	0.1%
CME	D	0.1%
GM	B	0.1%
MCO	A	0.1%
TDG	D	0.1%
NXPI	B	0.1%
EMR	C	0.1%
MLI	C	0.09%
F	B	0.09%
ABNB	C	0.09%
TRV	D	0.09%
TFC	B	0.09%
MAR	B	0.09%
AON	C	0.09%
ALV	D	0.09%
MRVL	B	0.09%
WELL	B	0.09%
PCAR	D	0.09%
ORLY	C	0.09%
APO	B	0.09%
CEG	C	0.09%
MMM	B	0.09%
AIG	C	0.09%
D	D	0.08%
NSIT	D	0.08%
SRE	B	0.08%
MUR	D	0.08%
AEP	C	0.08%
EW	B	0.08%
ECL	B	0.08%
MET	C	0.08%
UFPI	D	0.08%
CMC	D	0.08%
CARR	C	0.08%
ROP	C	0.08%
CTAS	A	0.08%
ATKR	D	0.07%
RDN	B	0.07%
SMCI	C	0.07%
ONB	B	0.07%
SSB	C	0.07%
PLTR	A	0.07%
CPRT	C	0.07%
COOP	C	0.07%
OXY	D	0.07%
NEM	A	0.07%
AZO	D	0.07%
ESNT	C	0.07%
NSC	D	0.07%
TEL	A	0.07%
JCI	D	0.07%
WDAY	F	0.07%
SNOW	F	0.07%
ADSK	B	0.07%
TMHC	D	0.07%
MTH	D	0.07%
GPI	D	0.06%
BCC	F	0.06%
IDXX	D	0.06%
UBSI	C	0.06%
DDOG	C	0.06%
FTNT	F	0.06%
RSG	A	0.06%
MPWR	B	0.06%
ABG	D	0.06%
BCO	C	0.06%
TTD	B	0.06%
STZ	C	0.06%
VRSK	A	0.06%
CADE	C	0.06%
SM	D	0.06%
DELL	B	0.06%
KMB	B	0.06%
POR	D	0.06%
GEV	B	0.06%
DXCM	F	0.06%
JXN	B	0.06%
KBH	D	0.06%
BECN	D	0.06%
PSA	C	0.06%
PBF	F	0.06%
MAC	C	0.05%
SIG	D	0.05%
NEOG	C	0.05%
HWC	B	0.05%
ENS	C	0.05%
ALKS	F	0.05%
MHO	D	0.05%
HUBS	F	0.05%
LBRT	D	0.05%
AMR	F	0.05%
PNM	D	0.05%
LULU	F	0.05%
TPH	D	0.05%
AEO	D	0.05%
TRGP	A	0.05%
SR	D	0.05%
MRNA	D	0.05%
KDP	D	0.05%
ODFL	C	0.05%
VRT	D	0.05%
ASO	D	0.05%
SANM	B	0.05%
ESGR	B	0.05%
MATX	C	0.05%
HOMB	B	0.05%
IT	B	0.05%
MNST	F	0.05%
PINS	C	0.04%
DECK	D	0.04%
RNG	F	0.04%
STX	A	0.04%
WAFD	B	0.04%
CEIX	C	0.04%
TGNA	D	0.04%
ABM	C	0.04%
LPLA	C	0.04%
VLY	D	0.04%
HP	D	0.04%
AX	B	0.04%
NMIH	A	0.04%
ALIT	F	0.04%
ARCH	D	0.04%
CPNG	D	0.04%
ALE	C	0.04%
BKH	D	0.04%
NOG	D	0.04%
KTB	D	0.04%
HCC	C	0.04%
HGV	D	0.04%
IBOC	C	0.04%
TEAM	C	0.04%
DASH	F	0.04%
UMBF	A	0.04%
TSCO	D	0.04%
HASI	D	0.04%
RIG	F	0.04%
NWE	D	0.04%
TEX	F	0.04%
VST	C	0.04%
SEM	B	0.04%
HRI	F	0.04%
ABCB	B	0.04%
FBP	B	0.04%
UCBI	C	0.04%
KHC	D	0.04%
CRC	C	0.04%
PTEN	F	0.04%
ASB	C	0.04%
CNO	B	0.04%
GMS	D	0.04%
APP	B	0.03%
PHIN	D	0.03%
RBLX	B	0.03%
FIBK	B	0.03%
PLUG	F	0.03%
TPX	D	0.03%
GNL	C	0.03%
DAN	F	0.03%
PCVX	B	0.03%
TDS	B	0.03%
CALM	B	0.03%
BANR	B	0.03%
PFSI	B	0.03%
CVBF	B	0.03%
URBN	B	0.03%
SATS	C	0.03%
HELE	F	0.03%
AVA	D	0.03%
NTRA	B	0.03%
AXON	C	0.03%
ENVA	B	0.03%
MANH	B	0.03%
BKU	B	0.03%
OFG	B	0.03%
WSBC	B	0.03%
LII	B	0.03%
DEI	C	0.03%
TRMK	B	0.03%
BAH	B	0.03%
FLEX	D	0.03%
FHI	C	0.03%
BEAM	D	0.03%
ABR	B	0.03%
EXPE	B	0.03%
MLKN	D	0.03%
EQH	A	0.03%
SNEX	B	0.03%
SFM	C	0.03%
SRPT	C	0.03%
FN	B	0.03%
RUN	C	0.03%
EBC	B	0.03%
EL	F	0.03%
FRME	C	0.03%
ZD	F	0.03%
DKNG	F	0.03%
WFRD	B	0.03%
ESTC	B	0.03%
WSFS	B	0.03%
ARES	C	0.03%
ANF	C	0.03%
KOS	D	0.03%
REZI	D	0.03%
LNW	B	0.03%
AUB	B	0.03%
VC	F	0.03%
NYCB	D	0.03%
TOST	C	0.03%
EAT	C	0.03%
BXMT	C	0.03%
HI	D	0.03%
ADNT	F	0.03%
NET	C	0.03%
ENTG	B	0.03%
CATY	B	0.03%
BTU	D	0.03%
GDDY	B	0.03%
CCS	D	0.03%
FULT	B	0.03%
GT	F	0.03%
VEEV	F	0.03%
PPBI	B	0.03%
SKYW	B	0.03%
PATK	D	0.03%
TXRH	C	0.03%
TMP	C	0.02%
DIOD	B	0.02%
WD	D	0.02%
AVNT	D	0.02%
ECPG	D	0.02%
QTWO	C	0.02%
KFY	C	0.02%
CELH	F	0.02%
SMAR	C	0.02%
HBI	D	0.02%
FIX	D	0.02%
OTTR	D	0.02%
NCLH	B	0.02%
GH	C	0.02%
LZB	B	0.02%
CFFN	B	0.02%
PODD	C	0.02%
ASGN	F	0.02%
VGR	C	0.02%
SLG	B	0.02%
BSY	D	0.02%
VRTS	C	0.02%
PMT	C	0.02%
KRYS	B	0.02%
CNX	B	0.02%
HTLF	A	0.02%
PARR	F	0.02%
MDGL	B	0.02%
STRL	D	0.02%
EDR	A	0.02%
AHH	B	0.02%
WABC	B	0.02%
MATW	F	0.02%
VRRM	A	0.02%
DVA	C	0.02%
JBLU	C	0.02%
NBIX	B	0.02%
IOT	D	0.02%
GKOS	B	0.02%
COLL	D	0.02%
CAL	F	0.02%
WGO	F	0.02%
DT	F	0.02%
AMC	D	0.02%
SBSI	C	0.02%
PFBC	C	0.02%
GATX	B	0.02%
CMTG	C	0.02%
PDM	B	0.02%
CBRL	F	0.02%
HEES	D	0.02%
NWBI	B	0.02%
BCPC	A	0.02%
NVAX	D	0.02%
NOVT	D	0.02%
PEN	D	0.02%
CRSP	D	0.02%
MMS	C	0.02%
CBT	D	0.02%
PCRX	F	0.02%
NBHC	A	0.02%
HEI	B	0.02%
AAON	C	0.02%
UPWK	F	0.02%
HEI	B	0.02%
GIII	F	0.02%
LVS	F	0.02%
KRG	B	0.02%
RVMD	B	0.02%
HQY	C	0.02%
AMWD	F	0.02%
BURL	B	0.02%
ROL	B	0.02%
MOG.A	B	0.02%
GPOR	C	0.02%
RHP	D	0.02%
VCTR	D	0.02%
HLNE	B	0.02%
FCF	B	0.02%
MGY	B	0.02%
GEF	F	0.02%
INDB	D	0.02%
KNSL	F	0.02%
BHE	D	0.02%
OWL	D	0.02%
SIGI	F	0.02%
BLMN	F	0.02%
LNTH	A	0.02%
BHLB	B	0.02%
ALTR	B	0.02%
LPG	D	0.02%
NAVI	F	0.02%
TDOC	F	0.02%
APPF	B	0.02%
GEO	B	0.02%
GBX	F	0.02%
CVLT	C	0.02%
MEDP	B	0.02%
FL	F	0.02%
SCS	C	0.02%
VVV	B	0.02%
WOR	F	0.02%
ENR	D	0.02%
LADR	A	0.02%
VSTO	C	0.02%
CWK	C	0.02%
BPMC	B	0.02%
BMI	C	0.02%
BUSE	B	0.02%
WING	C	0.02%
ADTN	D	0.02%
POOL	F	0.02%
KW	D	0.02%
PCTY	F	0.02%
ETRN	D	0.02%
TBBK	B	0.02%
MDB	F	0.02%
CRS	B	0.02%
PFS	C	0.02%
ITCI	B	0.02%
BKD	C	0.02%
MOD	B	0.02%
INSW	D	0.02%
INSM	A	0.02%
ODP	F	0.02%
ZS	B	0.02%
HALO	B	0.02%
CHX	D	0.02%
SEDG	F	0.02%
PLAB	D	0.02%
SFNC	B	0.02%
FFBC	C	0.02%
SNAP	B	0.02%
CLX	D	0.02%
TPL	B	0.02%
MUSA	B	0.02%
IBTX	B	0.02%
BANC	D	0.02%
NMRK	C	0.02%
NATL	C	0.02%
XPO	D	0.02%
JBGS	B	0.02%
EFSC	B	0.02%
OI	F	0.02%
CPAY	C	0.02%
MORF	B	0.02%
ELF	C	0.02%
MCY	D	0.02%
TTMI	A	0.02%
CABO	F	0.02%
LYV	B	0.02%
LGIH	D	0.02%
ENPH	D	0.02%
TREX	D	0.02%
GRBK	C	0.02%
AIT	D	0.02%
SLVM	D	0.02%
PDCO	F	0.02%
ATGE	B	0.02%
SMPL	D	0.01%
MNRO	F	0.01%
SHO	B	0.01%
MBWM	B	0.01%
FLGT	F	0.01%
HPK	B	0.01%
CRBG	B	0.01%
RXRX	F	0.01%
ECVT	D	0.01%
MWA	B	0.01%
CSWI	B	0.01%
KYMR	C	0.01%
VMEO	F	0.01%
HE	D	0.01%
IMKTA	F	0.01%
HAIN	F	0.01%
RCUS	F	0.01%
WMG	F	0.01%
CXM	F	0.01%
UPST	D	0.01%
CATC	B	0.01%
SABR	D	0.01%
EVCM	C	0.01%
CARG	C	0.01%
SXC	D	0.01%
OLPX	F	0.01%
SONO	F	0.01%
IRT	C	0.01%
ITGR	D	0.01%
CWH	D	0.01%
EBF	C	0.01%
APPN	C	0.01%
TDC	D	0.01%
CCRN	F	0.01%
AVO	F	0.01%
KAI	B	0.01%
ARVN	D	0.01%
TRTX	A	0.01%
TGI	B	0.01%
SASR	B	0.01%
UFCS	F	0.01%
UVSP	A	0.01%
IOVA	F	0.01%
IE	D	0.01%
FBNC	B	0.01%
RKLB	C	0.01%
WMK	D	0.01%
WS	B	0.01%
MLNK	C	0.01%
GERN	B	0.01%
UTL	C	0.01%
PECO	C	0.01%
ACAD	C	0.01%
ACIW	C	0.01%
KROS	F	0.01%
NSP	F	0.01%
ASTH	C	0.01%
PCT	D	0.01%
DK	F	0.01%
CRK	D	0.01%
QCRH	B	0.01%
AEIS	B	0.01%
CLSK	D	0.01%
ACT	C	0.01%
CSGS	F	0.01%
CNS	B	0.01%
CCO	B	0.01%
SWI	C	0.01%
OBK	B	0.01%
RRR	B	0.01%
UHT	B	0.01%
BBSI	C	0.01%
ACA	D	0.01%
BLFS	D	0.01%
EXPO	C	0.01%
VZIO	B	0.01%
VAL	D	0.01%
UNIT	D	0.01%
VIR	F	0.01%
JBSS	F	0.01%
FELE	D	0.01%
CAKE	C	0.01%
EVH	F	0.01%
KELYA	F	0.01%
HTLD	C	0.01%
SUPN	D	0.01%
CVCO	D	0.01%
KWR	F	0.01%
EIG	B	0.01%
GES	D	0.01%
PLAY	F	0.01%
ETD	F	0.01%
BSIG	C	0.01%
PLYM	B	0.01%
SRCE	B	0.01%
CERE	C	0.01%
FUL	C	0.01%
DBRG	D	0.01%
VSAT	F	0.01%
AMRK	D	0.01%
HIBB	A	0.01%
MRCY	D	0.01%
GHC	D	0.01%
PUBM	D	0.01%
ADUS	B	0.01%
EXTR	C	0.01%
XNCR	F	0.01%
APLS	F	0.01%
UTZ	F	0.01%
CNDT	F	0.01%
RPD	D	0.01%
NIC	B	0.01%
MLAB	D	0.01%
AGX	C	0.01%
FRSH	F	0.01%
ERIE	D	0.01%
MBIN	C	0.01%
ATEX	B	0.01%
GSHD	D	0.01%
AI	C	0.01%
CORT	C	0.01%
TALO	D	0.01%
CBZ	D	0.01%
CMP	F	0.01%
GOOD	B	0.01%
AVNS	F	0.01%
RLJ	D	0.01%
NAPA	F	0.01%
RCKT	D	0.01%
BOX	F	0.01%
TDW	D	0.01%
RARE	C	0.01%
EFC	A	0.01%
OSCR	D	0.01%
KOP	F	0.01%
WTTR	C	0.01%
ACDC	D	0.01%
ZWS	D	0.01%
BBIO	D	0.01%
CRSR	F	0.01%
LAUR	D	0.01%
NX	F	0.01%
BANF	C	0.01%
XHR	D	0.01%
OSW	C	0.01%
FCPT	B	0.01%
UMH	A	0.01%
OLO	F	0.01%
UNFI	D	0.01%
ASIX	F	0.01%
IBP	D	0.01%
AXSM	B	0.01%
KIDS	C	0.01%
SGH	A	0.01%
MQ	D	0.01%
CNMD	F	0.01%
AXNX	B	0.01%
PTLO	F	0.01%
FORM	B	0.01%
CSR	B	0.01%
TWST	B	0.01%
VREX	F	0.01%
LTH	C	0.01%
GMRE	C	0.01%
LILAK	B	0.01%
CPRX	D	0.01%
ANDE	F	0.01%
VSCO	D	0.01%
BRZE	F	0.01%
CHCT	D	0.01%
CXW	D	0.01%
BGS	F	0.01%
PTON	F	0.01%
THRM	F	0.01%
CARS	C	0.01%
UNF	C	0.01%
ESRT	B	0.01%
LC	D	0.01%
FSS	D	0.01%
HTH	C	0.01%
FLNC	F	0.01%
DRH	D	0.01%
AMTB	B	0.01%
ACLS	B	0.01%
VRDN	F	0.01%
CHEF	C	0.01%
MMSI	A	0.01%
DVAX	F	0.01%
SIBN	D	0.01%
GNK	D	0.01%
COMP	D	0.01%
INVA	A	0.01%
DOCU	D	0.01%
SPTN	F	0.01%
AOSL	C	0.01%
ROIC	B	0.01%
CYTK	D	0.01%
IRTC	D	0.01%
FOUR	C	0.01%
JACK	F	0.01%
SLCA	C	0.01%
HY	D	0.01%
SHOO	C	0.01%
ZIP	F	0.01%
ICHR	B	0.01%
PRCT	C	0.01%
TILE	D	0.01%
FDP	F	0.01%
SWTX	D	0.01%
CMPR	C	0.01%
PTVE	F	0.01%
BMBL	F	0.01%
DORM	D	0.01%
HNI	B	0.01%
CCB	B	0.01%
WTS	D	0.01%
AGM	B	0.01%
REVG	D	0.01%
TENB	D	0.01%
MORN	C	0.01%
EXLS	B	0.01%
CHWY	C	0.01%
NNI	C	0.01%
IART	C	0.01%
HZO	B	0.01%
CASH	B	0.01%
AUR	C	0.01%
NXRT	C	0.01%
BRSP	D	0.01%
CALX	C	0.01%
KLG	F	0.01%
NVRI	C	0.01%
INSP	F	0.01%
ALKT	B	0.01%
WRBY	C	0.01%
NRDS	C	0.01%
AMAL	B	0.01%
PEBO	B	0.01%
PRM	C	0.01%
MYRG	D	0.01%
UVV	D	0.01%
CENTA	F	0.01%
KURA	D	0.01%
HLF	F	0.01%
LESL	F	0.01%
YELP	F	0.01%
RYAN	C	0.01%
SPNT	D	0.01%
PZZA	F	0.01%
EVTC	F	0.01%
TNC	D	0.01%
AKRO	C	0.01%
HLX	C	0.01%
BXC	D	0.01%
OMCL	F	0.01%
ALGT	F	0.01%
STC	C	0.01%
HMN	D	0.01%
AIN	D	0.01%
KALU	D	0.01%
NOVA	D	0.01%
EPC	C	0.01%
PRDO	D	0.01%
NWLI	A	0.01%
AESI	D	0.01%
JELD	D	0.01%
SCSC	D	0.01%
SBRA	B	0.01%
NPO	D	0.01%
BOOT	C	0.01%
CODI	D	0.01%
TCBK	B	0.01%
AKR	A	0.01%
MIR	B	0.01%
GTY	C	0.01%
BY	B	0.01%
MSGE	D	0.01%
WNC	F	0.01%
APOG	D	0.01%
HSII	D	0.01%
POWI	D	0.01%
MARA	D	0.01%
CPK	D	0.01%
CRDO	C	0.01%
CTRE	A	0.01%
NTCT	F	0.01%
TNDM	D	0.01%
SUM	D	0.01%
EPAC	C	0.01%
ARCB	D	0.01%
SBH	F	0.01%
AIR	B	0.01%
LXP	B	0.01%
TCBI	B	0.01%
WK	F	0.01%
TNET	F	0.01%
HAE	D	0.01%
MC	A	0.01%
CENX	C	0.01%
ITRI	D	0.01%
STRA	D	0.01%
HOPE	B	0.01%
ASAN	F	0.01%
DNOW	D	0.01%
EVRI	C	0.01%
DO	B	0.01%
AGL	D	0.01%
TLRY	D	0.01%
VRNT	D	0.01%
SVC	D	0.01%
VCYT	C	0.01%
CRGY	B	0.01%
AZZ	D	0.01%
LILA	B	0.01%
HTBK	B	0.01%
FOR	D	0.01%
MTX	D	0.01%
IESC	D	0.01%
QLYS	F	0.01%
MGRC	D	0.01%
JJSF	B	0.01%
AGIO	B	0.01%
STAA	B	0.01%
PRVA	D	0.01%
ULCC	F	0.01%
ARI	B	0.01%
MBUU	F	0.01%
PLUS	D	0.01%
SKT	D	0.01%
OII	B	0.01%
INN	D	0.01%
SCCO	C	0.01%
CWST	A	0.01%
CDE	B	0.01%
IIPR	B	0.01%
EPRT	A	0.01%
TOWN	B	0.01%
NBR	D	0.01%
AVAV	D	0.01%
GTX	D	0.01%
TMDX	C	0.01%
FOXF	D	0.01%
FROG	C	0.01%
LCII	F	0.01%
SGBX	F	0.01%
BLKB	D	0.01%
GTLB	C	0.01%
SLAB	D	0.01%
OCFC	B	0.01%
CFLT	F	0.01%
DIN	F	0.01%
MATV	D	0.01%
PCOR	F	0.01%
CNK	C	0.01%
NTLA	D	0.01%
GVA	D	0.01%
CVI	F	0.01%
APLE	F	0.01%
CUBI	B	0.01%
SMTC	D	0.01%
GFF	D	0.01%
PRIM	D	0.01%
PDFS	B	0.01%
PI	C	0.01%
UCTT	B	0.01%
VRNS	C	0.01%
ICUI	C	0.01%
LUMN	F	0.01%
MRC	C	0.01%
WHD	B	0.01%
SCVL	B	0.01%
VKTX	D	0.01%
RMBS	B	0.01%
SPSC	C	0.01%
LANC	D	0.01%
VSH	D	0.01%
RWT	B	0.01%
HUBG	D	0.01%
RUSHA	D	0.01%
CBU	B	0.01%
PBH	C	0.01%
DLX	D	0.01%
DUOL	F	0.01%
PFC	B	0.01%
LRN	D	0.01%
BKE	D	0.01%
PIPR	A	0.01%
ENSG	A	0.01%
PUMP	F	0.01%
TRNO	B	0.01%
DY	B	0.01%
FMBH	B	0.01%
SAH	F	0.01%
ETNB	D	0.01%
RC	C	0.01%
SKY	D	0.01%
DNLI	C	0.01%
CHDN	C	0.01%
SYNA	D	0.01%
STBA	B	0.01%
RPAY	D	0.01%
HBNC	B	0.01%
TRST	B	0.01%
PRG	D	0.01%
SFBS	C	0.01%
PCH	F	0.01%
BDN	D	0.01%
BNL	B	0.01%
NJR	C	0.01%
AROC	B	0.01%
GTLS	F	0.01%
XRX	F	0.01%
VBTX	B	0.01%
OPCH	D	0.01%
AMRC	F	0.01%
BDC	C	0.01%
OXM	D	0.01%
BGC	B	0.01%
HFWA	C	0.01%
PGRE	B	0.01%
FLR	B	0.01%
ATEC	D	0.0%
SAGE	F	0.0%
IRWD	F	0.0%
CYRX	F	0.0%
ERII	D	0.0%
HSTM	B	0.0%
NUS	F	0.0%
ENFN	F	0.0%
NWN	F	0.0%
LXU	F	0.0%
RGR	F	0.0%
NGVT	F	0.0%
PLOW	F	0.0%
BL	F	0.0%
ASTE	F	0.0%
GEF	F	0.0%
ANIP	D	0.0%
EXPI	D	0.0%
CNXN	D	0.0%
MGPI	F	0.0%
PDFS	B	0.0%
SAFT	D	0.0%
NBTB	B	0.0%
TITN	F	0.0%
HPP	F	0.0%
LMAT	B	0.0%
TRUP	C	0.0%
AMSF	F	0.0%
THRY	F	0.0%
INFN	B	0.0%
ARKO	C	0.0%
USPH	F	0.0%
FWRD	D	0.0%
VICR	F	0.0%
SHEN	D	0.0%
CMCO	F	0.0%
MD	F	0.0%
GSBC	B	0.0%
CLDX	D	0.0%
GRC	B	0.0%
UEC	D	0.0%
EOLS	D	0.0%
ACVA	D	0.0%
KFRC	F	0.0%
SITM	B	0.0%
FIVN	F	0.0%
SAVA	F	0.0%
CNOB	D	0.0%
CRNX	C	0.0%
LOB	C	0.0%
DXPE	D	0.0%
SCHL	F	0.0%
BE	D	0.0%
NEXT	C	0.0%
SYBT	B	0.0%
INTA	D	0.0%
JOBY	C	0.0%
SCLX	C	0.0%
SXI	D	0.0%
MSEX	D	0.0%
PSMT	D	0.0%
B	B	0.0%
JOE	D	0.0%
MLR	D	0.0%
LGND	B	0.0%
SCL	D	0.0%
AMBA	C	0.0%
BOH	D	0.0%
DCO	B	0.0%
NEO	F	0.0%
RUSHB	F	0.0%
IMAX	C	0.0%
TGTX	B	0.0%
VIAV	D	0.0%
EMBC	F	0.0%
OMI	F	0.0%
DCOM	C	0.0%
NARI	C	0.0%
TRS	D	0.0%
EZPW	D	0.0%
MYE	F	0.0%
AGYS	C	0.0%
CHCO	B	0.0%
SMMT	C	0.0%
AWR	D	0.0%
AXL	F	0.0%
PRGS	C	0.0%
STGW	B	0.0%
PJT	B	0.0%
RAMP	F	0.0%
LNN	D	0.0%
BRKL	D	0.0%
FBK	B	0.0%
SBOW	B	0.0%
AMPH	F	0.0%
XPEL	F	0.0%
PEGA	D	0.0%
COHU	B	0.0%
WSR	B	0.0%
RDUS	F	0.0%
CWT	D	0.0%
MODG	F	0.0%
CWAN	F	0.0%
LKFN	D	0.0%
CTS	D	0.0%
ENV	D	0.0%
WRLD	D	0.0%
RILY	F	0.0%
OGS	B	0.0%
CRVL	B	0.0%
RDFN	D	0.0%
KN	C	0.0%
DRQ	F	0.0%
BELFB	B	0.0%
LIVN	F	0.0%
PWSC	B	0.0%
ROAD	D	0.0%
HWKN	A	0.0%
NHI	A	0.0%
MRTN	D	0.0%
AMPS	D	0.0%
KNF	C	0.0%
PRK	A	0.0%
ALEX	B	0.0%
IMXI	F	0.0%
GSAT	C	0.0%
HURN	C	0.0%
NRC	F	0.0%
KAR	D	0.0%
PTCT	D	0.0%
HLIT	C	0.0%
FIZZ	C	0.0%
CPF	A	0.0%
CSTL	F	0.0%
SJW	D	0.0%
LPRO	F	0.0%
MTRN	F	0.0%
ARWR	C	0.0%
PLRX	D	0.0%
INDI	D	0.0%
ALG	F	0.0%
IMVT	D	0.0%
ROCK	D	0.0%
KLIC	B	0.0%
IPAR	D	0.0%
FG	C	0.0%
CENT	F	0.0%
FBMS	B	0.0%
OFLX	F	0.0%
RDNT	C	0.0%
DH	F	0.0%
MERC	F	0.0%
JBT	F	0.0%
OSBC	B	0.0%
ACCD	F	0.0%
ANAB	A	0.0%
GOLF	D	0.0%
PRFT	B	0.0%
VECO	B	0.0%
DOCN	F	0.0%
FOLD	C	0.0%
IAS	D	0.0%
SANA	F	0.0%
AMRX	C	0.0%
BRC	C	0.0%
PBI	B	0.0%
PGNY	F	0.0%
USNA	F	0.0%
PEB	F	0.0%
ICFI	D	0.0%
ATUS	F	0.0%
GPRE	F	0.0%
OSIS	B	0.0%
HAYN	C	0.0%
TWI	F	0.0%
KMT	F	0.0%
PLXS	D	0.0%
HL	C	0.0%
RYI	F	0.0%
CTOS	F	0.0%
DFIN	D	0.0%
ATSG	C	0.0%
SITC	A	0.0%
BRY	D	0.0%
MYGN	B	0.0%
WDFC	D	0.0%
SHAK	D	0.0%
HIMS	C	0.0%
SMP	F	0.0%
AUPH	D	0.0%
KE	F	0.0%
BJRI	C	0.0%
YORW	B	0.0%
RIOT	F	0.0%
SQSP	B	0.0%
GBCI	C	0.0%
TR	C	0.0%
BOC	F	0.0%
VVI	D	0.0%
SXT	C	0.0%
RES	F	0.0%
ALRM	D	0.0%
SGRY	F	0.0%
MGEE	C	0.0%
IIIN	D	0.0%
ALX	B	0.0%
ATRI	B	0.0%
DGII	D	0.0%
ETWO	D	0.0%
TROX	D	0.0%
GOGO	F	0.0%
FFIN	C	0.0%
CTBI	B	0.0%
CLW	D	0.0%
TRN	D	0.0%
KTOS	C	0.0%
IDCC	A	0.0%
CFB	B	0.0%
KRO	D	0.0%
EGY	B	0.0%
CLNE	F	0.0%
FTDR	D	0.0%
AMBC	F	0.0%
APAM	D	0.0%
IBUY	D	0.0%
ORA	C	0.0%
IOSP	D	0.0%
FLYW	F	0.0%
LGF.A	F	0.0%
UE	A	0.0%
SWX	D	0.0%
TPC	B	0.0%

TILT Underweight 53 Positions Relative to IWS

Symbol	Grade	Weight
FERG	D	-0.44%
COO	D	-0.21%
LH	D	-0.21%
GEN	C	-0.17%
RBA	B	-0.17%
RVTY	D	-0.16%
FTI	B	-0.14%
NLY	C	-0.12%
QGEN	D	-0.11%
DOX	F	-0.11%
FWONK	B	-0.11%
FBIN	D	-0.1%
TKO	B	-0.09%
XP	D	-0.08%
HR	B	-0.08%
RITM	C	-0.07%
AZPN	D	-0.07%
CART	D	-0.07%
CCCS	D	-0.06%
GFS	B	-0.06%
ROIV	C	-0.05%
BEPC	C	-0.05%
SN	C	-0.05%
CXT	D	-0.04%
LBTYA	B	-0.04%
LBTYK	B	-0.04%
LSXMK	D	-0.04%
ADT	C	-0.03%
BIRK	C	-0.03%
VNOM	B	-0.03%
U	F	-0.03%
ALAB	F	-0.02%
VSTS	D	-0.02%
AS	F	-0.02%
LSXMA	D	-0.02%
CERT	F	-0.02%
QDEL	F	-0.02%
LLYVK	D	-0.02%
GLOB	C	-0.02%
HHH	D	-0.02%
DJT	F	-0.01%
LLYVA	C	-0.01%
SEB	F	-0.01%
NCNO	D	-0.01%
FWONA	C	-0.01%
CNA	B	-0.01%
RNAC	F	-0.0%
LOAR	B	-0.0%
UWMC	C	-0.0%
PARAA	C	-0.0%
UI	B	-0.0%
LAZ	C	-0.0%
GRAL	D	-0.0%