IWN vs. IWO ETF Comparison

Comparison of iShares Russell 2000 Value ETF (IWN) to iShares Russell 2000 Growth ETF (IWO)

IWN

iShares Russell 2000 Value ETF

IWN Description

The investment seeks to track the investment results of an index composed of small-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 2000 Value Index (the "underlying index"), which measures the performance of the small-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$153.74

Average Daily Volume

1,267,028

Number of Holdings ^*

1400

* may have additional holdings in another (foreign) market

IWO

iShares Russell 2000 Growth ETF

IWO Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit growth 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 2000 Growth Index (the "underlying index"), which measures the performance of the small-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$260.42

Average Daily Volume

416,346

Number of Holdings ^*

1054

* may have additional holdings in another (foreign) market

Performance

Period	IWN	IWO
30 Days	4.86%	6.79%
60 Days	1.53%	-0.12%
90 Days	4.57%	2.99%
12 Months	18.77%	16.98%

531 Overlapping Holdings

Symbol	Grade	Weight in IWN	Weight in IWO	Overlap
ABUS	B	0.01%	0.02%	0.01%
ACCD	F	0.0%	0.04%	0.0%
ACDC	F	0.01%	0.0%	0.0%
ACIW	A	0.04%	0.26%	0.04%
ACMR	D	0.08%	0.01%	0.01%
ADEA	C	0.01%	0.08%	0.01%
ADMA	B	0.07%	0.08%	0.07%
ADPT	C	0.01%	0.02%	0.01%
ADUS	A	0.07%	0.06%	0.06%
AEO	B	0.25%	0.07%	0.07%
AESI	B	0.03%	0.01%	0.01%
AGEN	F	0.01%	0.0%	0.0%
AGM	D	0.11%	0.02%	0.02%
AHCO	D	0.03%	0.04%	0.03%
AI	F	0.04%	0.13%	0.04%
AIN	D	0.03%	0.19%	0.03%
ALGT	F	0.06%	0.01%	0.01%
ALPN	A	0.09%	0.1%	0.09%
AMBA	F	0.05%	0.09%	0.05%
AMR	F	0.24%	0.02%	0.02%
AMSF	D	0.03%	0.03%	0.03%
AMSWA	F	0.01%	0.02%	0.01%
AMWD	D	0.11%	0.01%	0.01%
ANAB	C	0.01%	0.03%	0.01%
ANF	B	0.24%	0.26%	0.24%
ANIP	C	0.02%	0.05%	0.02%
AORT	B	0.06%	0.01%	0.01%
APAM	C	0.06%	0.16%	0.06%
APG	D	0.19%	0.39%	0.19%
APGE	D	0.09%	0.08%	0.08%
APOG	A	0.07%	0.04%	0.04%
APPS	F	0.01%	0.0%	0.0%
ARAY	F	0.0%	0.01%	0.0%
ARCB	D	0.13%	0.08%	0.08%
ARCT	F	0.05%	0.01%	0.01%
ARDX	C	0.05%	0.09%	0.05%
ARIS	B	0.04%	0.0%	0.0%
ARLO	C	0.01%	0.07%	0.01%
AROC	B	0.18%	0.04%	0.04%
ARTNA	B	0.01%	0.02%	0.01%
ARVN	F	0.01%	0.12%	0.01%
ASGN	C	0.26%	0.09%	0.09%
ASUR	F	0.01%	0.0%	0.0%
ATEC	F	0.05%	0.03%	0.03%
ATEX	F	0.0%	0.03%	0.0%
ATLC	D	0.01%	0.0%	0.0%
ATMU	B	0.07%	0.12%	0.07%
ATNM	B	0.0%	0.02%	0.0%
ATOM	F	0.0%	0.01%	0.0%
ATRA	F	0.0%	0.0%	0.0%
ATRC	F	0.02%	0.06%	0.02%
ATXS	D	0.0%	0.03%	0.0%
AVAH	C	0.01%	0.0%	0.0%
AVBP	D	0.01%	0.01%	0.01%
AVD	F	0.01%	0.0%	0.0%
AVDX	D	0.01%	0.12%	0.01%
AVO	B	0.04%	0.01%	0.01%
AX	A	0.23%	0.03%	0.03%
BALY	D	0.01%	0.02%	0.01%
BAND	B	0.03%	0.01%	0.01%
BANF	B	0.13%	0.02%	0.02%
BBCP	D	0.01%	0.01%	0.01%
BBIO	D	0.08%	0.19%	0.08%
BBSI	B	0.0%	0.06%	0.0%
BBW	C	0.01%	0.02%	0.01%
BCML	B	0.02%	0.0%	0.0%
BCRX	D	0.02%	0.07%	0.02%
BDC	B	0.11%	0.18%	0.11%
BEAM	F	0.01%	0.12%	0.01%
BECN	C	0.41%	0.05%	0.05%
BELFB	B	0.05%	0.0%	0.0%
BFS	C	0.0%	0.03%	0.0%
BGC	B	0.13%	0.12%	0.12%
BIPC	C	0.28%	0.03%	0.03%
BJRI	D	0.02%	0.04%	0.02%
BLBD	A	0.1%	0.01%	0.01%
BLFS	B	0.01%	0.05%	0.01%
BLNK	D	0.01%	0.01%	0.01%
BOC	F	0.02%	0.0%	0.0%
BOOM	F	0.01%	0.01%	0.01%
BOWL	F	0.0%	0.01%	0.0%
BRBR	C	0.43%	0.16%	0.16%
BRCC	C	0.0%	0.02%	0.0%
BSIG	C	0.04%	0.02%	0.02%
BSVN	B	0.01%	0.0%	0.0%
BTBT	F	0.01%	0.0%	0.0%
BTMD	C	0.0%	0.0%	0.0%
BTSG	B	0.02%	0.03%	0.02%
BW	D	0.0%	0.0%	0.0%
CABA	F	0.0%	0.03%	0.0%
CALM	D	0.01%	0.17%	0.01%
CASH	B	0.07%	0.04%	0.04%
CASS	D	0.01%	0.04%	0.01%
CBL	D	0.01%	0.03%	0.01%
CCBG	C	0.02%	0.01%	0.01%
CCOI	F	0.07%	0.12%	0.07%
CCRN	F	0.03%	0.01%	0.01%
CCSI	D	0.01%	0.02%	0.01%
CDXS	B	0.02%	0.0%	0.0%
CEVA	F	0.0%	0.03%	0.0%
CGON	F	0.03%	0.02%	0.02%
CHCO	B	0.11%	0.01%	0.01%
CHCT	F	0.02%	0.03%	0.02%
CHGG	F	0.01%	0.03%	0.01%
CHRS	F	0.0%	0.01%	0.0%
CHUY	F	0.01%	0.03%	0.01%
CIFR	D	0.01%	0.0%	0.0%
CLAR	B	0.01%	0.0%	0.0%
CLB	D	0.04%	0.02%	0.02%
CLBK	D	0.02%	0.02%	0.02%
CLDX	D	0.14%	0.05%	0.05%
CLMB	D	0.0%	0.02%	0.0%
CLPR	F	0.0%	0.0%	0.0%
CLPT	F	0.0%	0.01%	0.0%
CLSK	D	0.21%	0.03%	0.03%
CMPO	C	0.0%	0.01%	0.0%
CMPR	D	0.05%	0.07%	0.05%
CMPX	F	0.01%	0.0%	0.0%
CMT	C	0.01%	0.0%	0.0%
CNK	D	0.02%	0.12%	0.02%
CNSL	C	0.02%	0.0%	0.0%
CNTY	C	0.0%	0.01%	0.0%
COGT	C	0.02%	0.03%	0.02%
COMP	C	0.01%	0.08%	0.01%
CPK	B	0.07%	0.12%	0.07%
CPS	F	0.01%	0.01%	0.01%
CRGX	F	0.02%	0.02%	0.02%
CRGY	C	0.04%	0.03%	0.03%
CRMD	C	0.0%	0.02%	0.0%
CRNX	B	0.22%	0.04%	0.04%
CSTL	B	0.03%	0.02%	0.02%
CSTM	D	0.08%	0.13%	0.08%
CTGO	D	0.01%	0.01%	0.01%
CTLP	D	0.01%	0.02%	0.01%
CTRE	C	0.21%	0.02%	0.02%
CTXR	F	0.01%	0.0%	0.0%
CUTR	D	0.0%	0.0%	0.0%
CVGI	F	0.01%	0.0%	0.0%
CVI	F	0.01%	0.06%	0.01%
CVLT	A	0.02%	0.35%	0.02%
CVNA	B	0.52%	0.41%	0.41%
CVRX	F	0.0%	0.01%	0.0%
CWBC	B	0.02%	0.0%	0.0%
CWCO	D	0.02%	0.01%	0.01%
CWT	B	0.16%	0.07%	0.07%
CYRX	F	0.01%	0.04%	0.01%
CYTK	D	0.03%	0.4%	0.03%
CZFS	C	0.01%	0.0%	0.0%
DAWN	C	0.01%	0.07%	0.01%
DBRG	F	0.12%	0.06%	0.06%
DC	B	0.0%	0.01%	0.0%
DCPH	A	0.07%	0.04%	0.04%
DENN	F	0.01%	0.03%	0.01%
DFH	D	0.03%	0.02%	0.02%
DFIN	C	0.03%	0.08%	0.03%
DGII	F	0.01%	0.06%	0.01%
DH	F	0.01%	0.01%	0.01%
DIN	F	0.01%	0.05%	0.01%
DIOD	D	0.05%	0.2%	0.05%
DJCO	B	0.03%	0.01%	0.01%
DNUT	D	0.05%	0.03%	0.03%
DOLE	C	0.03%	0.04%	0.03%
DSGR	B	0.0%	0.02%	0.0%
DTC	F	0.0%	0.0%	0.0%
DVAX	F	0.02%	0.09%	0.02%
DYN	D	0.09%	0.04%	0.04%
EAF	D	0.01%	0.02%	0.01%
EAT	A	0.02%	0.19%	0.02%
EB	D	0.0%	0.03%	0.0%
ECVT	D	0.05%	0.02%	0.02%
EE	B	0.01%	0.02%	0.01%
EGY	C	0.04%	0.01%	0.01%
EHTH	F	0.01%	0.0%	0.0%
EMBC	D	0.06%	0.01%	0.01%
ENS	B	0.02%	0.28%	0.02%
ENTA	D	0.02%	0.0%	0.0%
EOSE	F	0.0%	0.01%	0.0%
EPRT	A	0.29%	0.04%	0.04%
ESCA	D	0.01%	0.0%	0.0%
ESE	C	0.09%	0.12%	0.09%
ESQ	B	0.0%	0.02%	0.0%
ETRN	C	0.32%	0.13%	0.13%
EVCM	B	0.0%	0.01%	0.0%
EVER	B	0.0%	0.04%	0.0%
EVGO	F	0.02%	0.0%	0.0%
EVI	F	0.0%	0.01%	0.0%
EVLV	F	0.02%	0.0%	0.0%
EVRI	F	0.02%	0.03%	0.02%
EWCZ	F	0.0%	0.03%	0.0%
EYE	F	0.09%	0.01%	0.01%
EYPT	F	0.02%	0.02%	0.02%
FA	C	0.06%	0.01%	0.01%
FARO	D	0.03%	0.0%	0.0%
FBP	A	0.21%	0.02%	0.02%
FCPT	B	0.15%	0.02%	0.02%
FDMT	D	0.07%	0.01%	0.01%
FEAM	D	0.0%	0.0%	0.0%
FENC	D	0.01%	0.0%	0.0%
FG	B	0.05%	0.0%	0.0%
FIGS	C	0.01%	0.05%	0.01%
FIHL	C	0.06%	0.02%	0.02%
FLL	D	0.0%	0.01%	0.0%
FLNG	B	0.02%	0.04%	0.02%
FLR	D	0.03%	0.39%	0.03%
FNKO	C	0.01%	0.02%	0.01%
FSBC	C	0.01%	0.01%	0.01%
FSBW	C	0.01%	0.0%	0.0%
FSLY	F	0.01%	0.07%	0.01%
FUL	C	0.04%	0.3%	0.04%
FWRG	D	0.02%	0.01%	0.01%
GATX	C	0.34%	0.02%	0.02%
GCBC	C	0.01%	0.01%	0.01%
GCMG	C	0.0%	0.03%	0.0%
GDYN	F	0.01%	0.04%	0.01%
GERN	C	0.04%	0.12%	0.04%
GES	C	0.05%	0.01%	0.01%
GFF	C	0.08%	0.12%	0.08%
GIC	F	0.01%	0.03%	0.01%
GLNG	A	0.19%	0.01%	0.01%
GMS	B	0.2%	0.09%	0.09%
GNE	F	0.01%	0.01%	0.01%
GNLX	F	0.0%	0.0%	0.0%
GOGO	C	0.05%	0.01%	0.01%
GOOD	A	0.04%	0.01%	0.01%
GPRE	F	0.07%	0.02%	0.02%
GRBK	B	0.08%	0.04%	0.04%
GRC	D	0.04%	0.01%	0.01%
GSAT	F	0.01%	0.06%	0.01%
GTLS	C	0.19%	0.31%	0.19%
GTN	C	0.04%	0.0%	0.0%
GVA	A	0.18%	0.03%	0.03%
HASI	B	0.25%	0.02%	0.02%
HBI	D	0.05%	0.09%	0.05%
HCAT	F	0.01%	0.02%	0.01%
HCKT	F	0.0%	0.04%	0.0%
HCSG	D	0.0%	0.06%	0.0%
HDSN	F	0.03%	0.01%	0.01%
HG	B	0.02%	0.0%	0.0%
HIBB	A	0.01%	0.06%	0.01%
HL	B	0.2%	0.05%	0.05%
HLF	C	0.02%	0.06%	0.02%
HLNE	C	0.13%	0.19%	0.13%
HLVX	D	0.02%	0.01%	0.01%
HNI	A	0.15%	0.02%	0.02%
HOUS	F	0.04%	0.0%	0.0%
HPK	F	0.0%	0.01%	0.0%
HRTX	C	0.0%	0.02%	0.0%
HSHP	A	0.02%	0.0%	0.0%
HSTM	B	0.03%	0.02%	0.02%
HTBI	B	0.03%	0.01%	0.01%
HUMA	B	0.01%	0.03%	0.01%
IAUX	F	0.02%	0.0%	0.0%
IBRX	C	0.01%	0.06%	0.01%
IDT	A	0.01%	0.04%	0.01%
IDYA	D	0.07%	0.13%	0.07%
III	F	0.0%	0.0%	0.0%
IMRX	F	0.0%	0.0%	0.0%
INBX	D	0.03%	0.06%	0.03%
INDI	F	0.0%	0.07%	0.0%
INVA	B	0.06%	0.01%	0.01%
IONQ	F	0.09%	0.02%	0.02%
IOSP	B	0.03%	0.22%	0.03%
IRBT	D	0.0%	0.02%	0.0%
IRON	F	0.0%	0.02%	0.0%
IRWD	F	0.04%	0.03%	0.03%
ITI	D	0.01%	0.01%	0.01%
ITIC	B	0.01%	0.0%	0.0%
ITRI	B	0.34%	0.04%	0.04%
JANX	C	0.06%	0.0%	0.0%
JOBY	D	0.07%	0.04%	0.04%
KALU	A	0.01%	0.11%	0.01%
KE	C	0.03%	0.01%	0.01%
KGS	B	0.02%	0.01%	0.01%
KIDS	C	0.0%	0.03%	0.0%
KIND	C	0.01%	0.02%	0.01%
KLIC	D	0.06%	0.14%	0.06%
KLXE	F	0.01%	0.0%	0.0%
KNTK	A	0.1%	0.01%	0.01%
LAUR	B	0.02%	0.14%	0.02%
LBPH	C	0.03%	0.01%	0.01%
LBRT	B	0.27%	0.02%	0.02%
LCII	D	0.13%	0.08%	0.08%
LESL	F	0.06%	0.01%	0.01%
LFST	B	0.03%	0.03%	0.03%
LGF.A	C	0.01%	0.03%	0.01%
LGF.A	C	0.03%	0.06%	0.03%
LGF.A	C	0.03%	0.03%	0.03%
LGF.A	C	0.01%	0.06%	0.01%
LGIH	D	0.15%	0.01%	0.01%
LGND	B	0.09%	0.02%	0.02%
LIND	F	0.02%	0.0%	0.0%
LIVN	B	0.24%	0.02%	0.02%
LKFN	C	0.11%	0.01%	0.01%
LLAP	F	0.01%	0.0%	0.0%
LMB	B	0.03%	0.01%	0.01%
LMND	C	0.06%	0.01%	0.01%
LNW	D	0.35%	0.31%	0.31%
LPG	B	0.05%	0.07%	0.05%
LPRO	D	0.0%	0.04%	0.0%
LQDA	D	0.01%	0.03%	0.01%
LQDT	B	0.01%	0.02%	0.01%
LTH	D	0.04%	0.02%	0.02%
LXEO	F	0.01%	0.0%	0.0%
LXRX	D	0.01%	0.01%	0.01%
LYTS	B	0.01%	0.03%	0.01%
MATW	D	0.05%	0.02%	0.02%
MAX	C	0.01%	0.03%	0.01%
MAXN	F	0.0%	0.0%	0.0%
MBUU	F	0.02%	0.03%	0.02%
MC	C	0.12%	0.14%	0.12%
MCB	B	0.03%	0.0%	0.0%
MCRB	D	0.0%	0.0%	0.0%
MEC	A	0.01%	0.0%	0.0%
MGEE	A	0.11%	0.11%	0.11%
MGNI	F	0.07%	0.05%	0.05%
MGNX	F	0.02%	0.01%	0.01%
MGTX	F	0.0%	0.01%	0.0%
MGY	B	0.02%	0.32%	0.02%
MITK	B	0.0%	0.04%	0.0%
MLI	A	0.28%	0.22%	0.22%
MLNK	F	0.01%	0.02%	0.01%
MLR	B	0.05%	0.0%	0.0%
MLYS	B	0.01%	0.01%	0.01%
MMI	D	0.04%	0.02%	0.02%
MNKD	D	0.02%	0.07%	0.02%
MOD	B	0.15%	0.26%	0.15%
MOG.A	A	0.3%	0.08%	0.08%
MOND	F	0.0%	0.01%	0.0%
MORF	F	0.01%	0.08%	0.01%
MQ	F	0.18%	0.03%	0.03%
MRC	A	0.06%	0.03%	0.03%
MRSN	F	0.01%	0.01%	0.01%
MRTN	D	0.02%	0.06%	0.02%
MSGE	C	0.02%	0.1%	0.02%
MTDR	D	0.44%	0.09%	0.09%
MVBF	D	0.02%	0.0%	0.0%
MXCT	C	0.03%	0.0%	0.0%
NABL	D	0.01%	0.06%	0.01%
NAPA	F	0.03%	0.01%	0.01%
NARI	D	0.01%	0.18%	0.01%
NBR	F	0.01%	0.05%	0.01%
NBTB	B	0.12%	0.01%	0.01%
NE	D	0.07%	0.34%	0.07%
NEO	B	0.13%	0.01%	0.01%
NHI	A	0.19%	0.02%	0.02%
NJR	B	0.16%	0.17%	0.16%
NMIH	A	0.19%	0.02%	0.02%
NMRA	F	0.01%	0.0%	0.0%
NN	C	0.0%	0.03%	0.0%
NNOX	C	0.03%	0.0%	0.0%
NOG	C	0.03%	0.24%	0.03%
NOTE	F	0.01%	0.0%	0.0%
NOVA	F	0.02%	0.02%	0.02%
NTB	A	0.13%	0.01%	0.01%
NTLA	F	0.15%	0.03%	0.03%
NVAX	B	0.02%	0.1%	0.02%
NVEC	F	0.0%	0.03%	0.0%
NVEE	D	0.01%	0.09%	0.01%
NVRO	F	0.02%	0.01%	0.01%
NVTS	F	0.03%	0.01%	0.01%
NXRT	B	0.04%	0.02%	0.02%
ODC	A	0.02%	0.01%	0.01%
OI	F	0.02%	0.14%	0.02%
OLO	F	0.02%	0.02%	0.02%
OMCL	C	0.05%	0.05%	0.05%
OMER	D	0.01%	0.01%	0.01%
ONTO	B	0.12%	0.72%	0.12%
OPEN	F	0.1%	0.01%	0.01%
ORA	B	0.11%	0.19%	0.11%
ORGO	C	0.01%	0.0%	0.0%
OSCR	B	0.25%	0.02%	0.02%
OSPN	C	0.0%	0.04%	0.0%
OTTR	B	0.14%	0.15%	0.14%
OUT	D	0.09%	0.08%	0.08%
OXM	B	0.03%	0.09%	0.03%
PACB	F	0.02%	0.02%	0.02%
PAGS	D	0.08%	0.12%	0.08%
PAHC	A	0.02%	0.01%	0.01%
PAR	C	0.09%	0.01%	0.01%
PARR	F	0.07%	0.05%	0.05%
PATK	C	0.16%	0.02%	0.02%
PCT	F	0.04%	0.01%	0.01%
PDCO	F	0.13%	0.04%	0.04%
PECO	F	0.25%	0.05%	0.05%
PEPG	B	0.01%	0.0%	0.0%
PETQ	B	0.01%	0.03%	0.01%
PFMT	B	0.0%	0.01%	0.0%
PFSI	A	0.17%	0.01%	0.01%
PHAT	D	0.02%	0.01%	0.01%
PIPR	A	0.05%	0.23%	0.05%
PL	F	0.0%	0.02%	0.0%
PLBC	C	0.01%	0.0%	0.0%
PLL	D	0.01%	0.01%	0.01%
PLPC	C	0.01%	0.01%	0.01%
PLSE	F	0.01%	0.0%	0.0%
PLUS	B	0.15%	0.01%	0.01%
PLXS	B	0.03%	0.2%	0.03%
PNM	C	0.22%	0.03%	0.03%
PR	C	0.55%	0.08%	0.08%
PRG	B	0.1%	0.02%	0.02%
PRIM	B	0.19%	0.01%	0.01%
PRKS	C	0.01%	0.14%	0.01%
PRMW	B	0.22%	0.04%	0.04%
PRO	F	0.03%	0.08%	0.03%
PROK	D	0.01%	0.0%	0.0%
PSMT	A	0.05%	0.12%	0.05%
PSN	D	0.13%	0.11%	0.11%
PTCT	C	0.04%	0.15%	0.04%
PTEN	D	0.28%	0.02%	0.02%
PTGX	C	0.05%	0.09%	0.05%
PTSI	C	0.01%	0.0%	0.0%
PUBM	C	0.06%	0.01%	0.01%
PZZA	F	0.03%	0.1%	0.03%
QTRX	F	0.04%	0.01%	0.01%
RAPT	F	0.0%	0.01%	0.0%
RBOT	F	0.0%	0.0%	0.0%
RCKT	F	0.01%	0.1%	0.01%
RCKY	B	0.02%	0.0%	0.0%
RCUS	F	0.05%	0.02%	0.02%
REX	B	0.05%	0.02%	0.02%
RGCO	C	0.01%	0.0%	0.0%
RGR	F	0.0%	0.05%	0.0%
RIGL	F	0.0%	0.01%	0.0%
RIOT	F	0.05%	0.11%	0.05%
RM	B	0.02%	0.0%	0.0%
RMR	C	0.01%	0.02%	0.01%
RNAC	D	0.0%	0.0%	0.0%
RNAC	D	0.0%	0.0%	0.0%
RNAC	D	0.01%	0.0%	0.0%
RNAC	D	0.01%	0.0%	0.0%
ROCK	D	0.08%	0.1%	0.08%
ROG	C	0.04%	0.12%	0.04%
RRR	D	0.09%	0.1%	0.09%
RVMD	C	0.11%	0.31%	0.11%
RXO	C	0.02%	0.16%	0.02%
RYI	F	0.05%	0.0%	0.0%
SABR	C	0.06%	0.02%	0.02%
SAGE	F	0.0%	0.05%	0.0%
SANA	D	0.06%	0.0%	0.0%
SANM	B	0.26%	0.01%	0.01%
SBGI	B	0.03%	0.01%	0.01%
SBH	F	0.01%	0.09%	0.01%
SBOW	D	0.06%	0.01%	0.01%
SCL	C	0.13%	0.02%	0.02%
SCLX	F	0.0%	0.0%	0.0%
SEAT	F	0.02%	0.01%	0.01%
SES	F	0.01%	0.0%	0.0%
SFBS	C	0.17%	0.09%	0.09%
SFIX	F	0.01%	0.01%	0.01%
SG	B	0.05%	0.19%	0.05%
SGH	F	0.06%	0.02%	0.02%
SGMT	F	0.0%	0.0%	0.0%
SGRY	F	0.01%	0.14%	0.01%
SHCR	F	0.02%	0.0%	0.0%
SIX	C	0.03%	0.12%	0.03%
SKT	D	0.12%	0.1%	0.1%
SKWD	B	0.06%	0.02%	0.02%
SKY	D	0.14%	0.18%	0.14%
SLRN	F	0.01%	0.01%	0.01%
SNBR	D	0.01%	0.01%	0.01%
SNCY	F	0.02%	0.02%	0.02%
SNDX	D	0.02%	0.11%	0.02%
SNEX	B	0.14%	0.02%	0.02%
SOI	B	0.02%	0.0%	0.0%
SPCE	F	0.01%	0.02%	0.01%
SPNT	C	0.06%	0.01%	0.01%
SPRY	C	0.01%	0.0%	0.0%
SPXC	A	0.08%	0.39%	0.08%
SQSP	A	0.13%	0.06%	0.06%
SRI	F	0.03%	0.01%	0.01%
SSP	F	0.01%	0.01%	0.01%
STEL	D	0.08%	0.0%	0.0%
STER	D	0.03%	0.0%	0.0%
STKL	D	0.0%	0.04%	0.0%
STNE	B	0.13%	0.2%	0.13%
STR	D	0.08%	0.07%	0.07%
STRL	A	0.04%	0.26%	0.04%
SVRA	D	0.03%	0.0%	0.0%
SVV	F	0.01%	0.01%	0.01%
SXI	C	0.03%	0.13%	0.03%
SYBT	B	0.01%	0.09%	0.01%
SYNA	F	0.26%	0.02%	0.02%
TCBX	B	0.02%	0.0%	0.0%
TCX	D	0.01%	0.01%	0.01%
TDUP	C	0.01%	0.0%	0.0%
TELL	F	0.02%	0.0%	0.0%
TERN	F	0.01%	0.01%	0.01%
TEX	C	0.13%	0.18%	0.13%
THR	A	0.08%	0.01%	0.01%
THS	F	0.12%	0.02%	0.02%
TIPT	C	0.02%	0.01%	0.01%
TNC	D	0.07%	0.08%	0.07%
TREE	C	0.03%	0.01%	0.01%
TRN	A	0.16%	0.04%	0.04%
TSBX	F	0.0%	0.0%	0.0%
TVTX	F	0.0%	0.03%	0.0%
TWOU	F	0.0%	0.0%	0.0%
TYRA	C	0.01%	0.01%	0.01%
UFPI	B	0.46%	0.08%	0.08%
UMH	B	0.06%	0.01%	0.01%
UPBD	C	0.01%	0.13%	0.01%
URBN	C	0.13%	0.07%	0.07%
URGN	F	0.0%	0.02%	0.0%
UTI	C	0.04%	0.01%	0.01%
UTL	B	0.05%	0.02%	0.02%
UUUU	D	0.01%	0.07%	0.01%
UVE	B	0.03%	0.01%	0.01%
VATE	F	0.0%	0.0%	0.0%
VCTR	C	0.01%	0.1%	0.01%
VERA	C	0.07%	0.06%	0.06%
VGR	C	0.1%	0.02%	0.02%
VIAV	F	0.02%	0.11%	0.02%
VIR	F	0.06%	0.0%	0.0%
VMEO	F	0.04%	0.01%	0.01%
VRDN	F	0.01%	0.04%	0.01%
VRNT	C	0.01%	0.14%	0.01%
VRTS	D	0.11%	0.02%	0.02%
VZIO	D	0.01%	0.05%	0.01%
WABC	B	0.07%	0.03%	0.03%
WERN	D	0.16%	0.03%	0.03%
WRLD	C	0.04%	0.0%	0.0%
WWW	B	0.01%	0.07%	0.01%
XFOR	D	0.0%	0.0%	0.0%
XMTR	F	0.04%	0.0%	0.0%
XNCR	C	0.05%	0.05%	0.05%
XPOF	F	0.0%	0.01%	0.0%
XPRO	B	0.09%	0.06%	0.06%
YMAB	D	0.02%	0.02%	0.02%
ZD	D	0.15%	0.05%	0.05%
ZVIA	F	0.0%	0.0%	0.0%
ZWS	C	0.29%	0.07%	0.07%

IWN Overweight 873 Positions Relative to IWO

Symbol	Grade	Weight
CHRD	B	0.57%
CMC	B	0.52%
MTH	A	0.51%
TMHC	B	0.48%
MUR	D	0.48%
SSB	C	0.47%
CIVI	B	0.46%
ESNT	C	0.45%
JXN	B	0.44%
SM	C	0.43%
ONB	A	0.42%
CRS	B	0.41%
PBF	F	0.41%
COOP	A	0.41%
BCC	D	0.41%
TRNO	D	0.4%
CADE	B	0.39%
KBH	B	0.38%
ABG	C	0.38%
SUM	D	0.37%
SWX	A	0.37%
HOMB	B	0.36%
RDN	C	0.36%
KRG	C	0.35%
POR	B	0.35%
SIG	D	0.34%
UBSI	C	0.34%
GBCI	C	0.33%
GPI	B	0.33%
AVNT	B	0.32%
HWC	B	0.32%
ACA	A	0.32%
KNF	B	0.32%
WIRE	C	0.32%
IRT	B	0.3%
BKH	B	0.3%
ITGR	D	0.3%
MATX	B	0.3%
UMBF	C	0.29%
CNX	C	0.29%
TPH	A	0.29%
STNG	B	0.29%
ALE	B	0.28%
ESGR	A	0.28%
GT	D	0.28%
AMKR	B	0.28%
HP	F	0.28%
PCH	D	0.27%
SLG	B	0.27%
OGS	C	0.27%
SBRA	B	0.26%
VLY	D	0.26%
ASB	A	0.26%
CRC	F	0.26%
MHO	C	0.26%
MAC	D	0.26%
KFY	C	0.26%
PBH	D	0.25%
CNO	A	0.25%
NWE	B	0.25%
SR	B	0.25%
WD	B	0.25%
IBOC	A	0.25%
HCC	C	0.25%
ALIT	F	0.25%
ABCB	B	0.25%
SKYW	B	0.24%
NPO	D	0.24%
IIPR	C	0.24%
BXMT	F	0.24%
REZI	C	0.24%
APLE	D	0.24%
TCBI	B	0.23%
KTOS	B	0.23%
GNW	B	0.23%
TGNA	B	0.23%
AUB	C	0.23%
VSH	C	0.23%
UCBI	B	0.23%
AVA	B	0.23%
ARCH	D	0.22%
NEOG	F	0.22%
BNL	B	0.22%
ABM	B	0.22%
STRA	B	0.21%
ADNT	F	0.21%
HUBG	B	0.21%
SITC	D	0.21%
RUSHA	D	0.21%
CDP	B	0.21%
FULT	A	0.21%
WSFS	B	0.21%
ATGE	A	0.2%
HELE	D	0.2%
INSW	B	0.2%
LXP	D	0.2%
CATY	C	0.2%
BHVN	F	0.2%
GHC	A	0.2%
MTX	A	0.2%
TWST	B	0.2%
UEC	C	0.2%
CEIX	C	0.2%
AIR	B	0.19%
ABR	C	0.19%
SDRL	B	0.19%
IOVA	D	0.19%
CCS	D	0.19%
UNF	D	0.19%
CBU	B	0.19%
SMTC	B	0.19%
BTU	F	0.19%
FIBK	B	0.18%
CVBF	C	0.18%
SHO	D	0.17%
MODG	C	0.17%
FFBC	B	0.17%
BKU	B	0.17%
EBC	B	0.17%
AZZ	C	0.17%
INDB	C	0.17%
PPBI	B	0.17%
BOH	D	0.17%
TROX	B	0.17%
SFNC	D	0.17%
PRK	A	0.16%
WAFD	B	0.16%
JBLU	D	0.16%
PFS	B	0.16%
KMT	B	0.16%
SATS	C	0.16%
MLKN	D	0.16%
MBC	D	0.16%
MIR	D	0.16%
RNA	B	0.16%
MYGN	A	0.16%
RAMP	F	0.16%
FRME	B	0.16%
HTLF	A	0.15%
DEI	B	0.15%
KAR	B	0.15%
BANC	B	0.15%
AGIO	C	0.15%
UCTT	C	0.15%
B	B	0.15%
TOWN	B	0.15%
VSTO	B	0.15%
SBCF	B	0.15%
EQC	B	0.15%
UE	B	0.15%
TDS	B	0.15%
EPC	B	0.15%
VECO	B	0.15%
CENTA	A	0.15%
WGO	D	0.14%
BFH	B	0.14%
OFG	B	0.14%
FL	F	0.14%
PEB	D	0.14%
WOR	D	0.14%
TRMK	A	0.14%
DRH	F	0.14%
HLMN	D	0.14%
DAN	C	0.14%
GOGL	A	0.14%
TTMI	A	0.14%
CDE	B	0.14%
SJW	C	0.14%
XRX	D	0.13%
HLX	B	0.13%
WSBC	C	0.13%
TALO	F	0.13%
RNST	B	0.13%
TFIN	D	0.13%
VCYT	D	0.13%
ANDE	D	0.13%
STC	B	0.13%
GPOR	D	0.13%
DHT	B	0.13%
TNK	B	0.13%
CXW	B	0.13%
IVT	C	0.13%
ENVA	B	0.13%
PLAB	B	0.13%
AKR	C	0.13%
DK	D	0.13%
WKC	D	0.12%
POWL	B	0.12%
HTH	B	0.12%
GNL	C	0.12%
CWK	B	0.12%
IBTX	C	0.12%
MCY	A	0.12%
LZB	C	0.12%
KN	B	0.12%
ROIC	D	0.12%
BANR	B	0.12%
XHR	C	0.12%
GEF	D	0.12%
PRDO	B	0.12%
GEO	C	0.12%
GBX	B	0.12%
KURA	C	0.12%
RLJ	F	0.12%
SFL	A	0.12%
WLY	C	0.11%
ELME	B	0.11%
RC	F	0.11%
CUBI	D	0.11%
CNNE	D	0.11%
LTC	A	0.11%
NNI	A	0.11%
CODI	D	0.11%
NWN	B	0.11%
FBK	B	0.11%
NWBI	C	0.11%
HMN	C	0.11%
OMI	F	0.11%
NTCT	F	0.11%
JBGS	F	0.11%
BHE	A	0.11%
FCF	B	0.11%
ARI	D	0.11%
DNOW	D	0.11%
DO	B	0.11%
NMRK	D	0.11%
EFSC	B	0.11%
ALEX	B	0.1%
SCS	B	0.1%
CAL	C	0.1%
BMBL	D	0.1%
STBA	B	0.1%
KW	C	0.1%
CMCO	A	0.1%
BUSE	B	0.1%
ESRT	C	0.1%
HOPE	C	0.1%
FBNC	D	0.1%
NBHC	B	0.1%
ODP	F	0.1%
LADR	B	0.1%
NAVI	F	0.1%
UVV	B	0.1%
JELD	F	0.1%
LUMN	F	0.1%
BKD	C	0.1%
RXRX	F	0.1%
PMT	A	0.1%
ASPN	A	0.1%
TWO	C	0.1%
GTY	B	0.1%
COHU	F	0.1%
EIG	D	0.09%
NWLI	A	0.09%
WMK	B	0.09%
NX	D	0.09%
TRS	B	0.09%
VTLE	F	0.09%
MFA	D	0.09%
MTTR	C	0.09%
GIII	D	0.09%
DEA	B	0.09%
SAFT	B	0.09%
SLCA	B	0.09%
PRM	B	0.09%
LILAK	B	0.09%
AIV	C	0.09%
TCBK	B	0.09%
LOB	D	0.09%
NHC	B	0.09%
SCSC	A	0.09%
NTST	B	0.09%
VRE	B	0.09%
AUR	C	0.08%
VSEC	C	0.08%
OBK	B	0.08%
MTUS	C	0.08%
QCRH	B	0.08%
BHLB	B	0.08%
LC	B	0.08%
SAFE	D	0.08%
DLX	A	0.08%
CIM	C	0.08%
EWTX	C	0.08%
CSR	A	0.08%
WS	F	0.08%
WINA	C	0.08%
VBTX	B	0.08%
SASR	B	0.08%
ECPG	C	0.08%
FBRT	B	0.08%
PEBO	B	0.08%
NIC	C	0.08%
ICHR	D	0.08%
IMKTA	F	0.08%
AAT	B	0.08%
TARS	B	0.08%
NAT	B	0.07%
BDN	B	0.07%
UNIT	F	0.07%
SXC	D	0.07%
RWT	C	0.07%
BXC	D	0.07%
SHEN	D	0.07%
SAH	B	0.07%
PGRE	B	0.07%
SRCE	B	0.07%
PDM	B	0.07%
TILE	B	0.07%
MDXG	D	0.07%
EFC	B	0.07%
AXL	B	0.07%
KOP	F	0.07%
PUMP	B	0.07%
SCHL	F	0.07%
ASC	A	0.07%
ARR	B	0.07%
ACT	A	0.07%
TGI	C	0.07%
OCFC	B	0.07%
AVNS	C	0.07%
MATV	C	0.07%
GABC	D	0.07%
GNK	B	0.07%
PLYM	D	0.07%
PRAA	B	0.07%
SVC	F	0.07%
CRK	B	0.07%
SPTN	D	0.06%
KELYA	D	0.06%
NRIX	D	0.06%
SWBI	C	0.06%
BGS	F	0.06%
HAYN	D	0.06%
CECO	B	0.06%
PRA	C	0.06%
ATSG	C	0.06%
FMBH	B	0.06%
ASTE	F	0.06%
CNOB	B	0.06%
PFC	B	0.06%
CDNA	B	0.06%
CNXN	C	0.06%
CMTG	F	0.06%
HPP	F	0.06%
DCO	B	0.06%
AHH	B	0.06%
WTTR	B	0.06%
BFC	C	0.06%
BRKL	D	0.06%
PFBC	A	0.06%
AMBC	A	0.06%
SBSI	D	0.06%
FIP	B	0.06%
FBMS	C	0.06%
BRSP	F	0.06%
AMRX	B	0.06%
MNRO	F	0.06%
REVG	A	0.06%
AGX	A	0.06%
SRRK	D	0.06%
RPAY	C	0.06%
FDP	F	0.06%
PRLB	D	0.06%
TPC	A	0.06%
BZH	D	0.06%
HOV	B	0.06%
ETWO	C	0.06%
CLW	B	0.06%
BLX	B	0.06%
BYON	F	0.06%
VTOL	A	0.06%
VREX	F	0.05%
VTS	C	0.05%
BHRB	F	0.05%
AMTB	B	0.05%
IIIN	D	0.05%
RLAY	F	0.05%
TRTX	B	0.05%
GLDD	C	0.05%
CFB	C	0.05%
WSR	B	0.05%
CGEM	C	0.05%
SWI	C	0.05%
BY	B	0.05%
FCBC	B	0.05%
FOR	D	0.05%
EGBN	F	0.05%
INN	F	0.05%
SCVL	B	0.05%
HFWA	B	0.05%
AOSL	B	0.05%
KNSA	C	0.05%
SMP	C	0.05%
DRQ	F	0.05%
MD	F	0.05%
NVRI	D	0.05%
UNFI	F	0.05%
MBWM	B	0.05%
RGNX	F	0.05%
OSBC	B	0.05%
ASIX	F	0.05%
HAIN	F	0.05%
CFFN	D	0.05%
DXPE	B	0.05%
CMRE	B	0.05%
ETD	D	0.05%
TMP	D	0.05%
THRY	C	0.05%
CNDT	B	0.05%
NUS	D	0.05%
HA	C	0.05%
MBIN	B	0.05%
CTBI	B	0.05%
AMRK	C	0.05%
UVSP	A	0.05%
DX	B	0.05%
HSII	C	0.05%
DCOM	C	0.05%
EU	B	0.05%
TBPH	C	0.04%
AMAL	B	0.04%
THFF	B	0.04%
ALT	D	0.04%
ACCO	D	0.04%
MCBS	A	0.04%
CYH	C	0.04%
LYEL	C	0.04%
FMNB	C	0.04%
TITN	F	0.04%
EDIT	F	0.04%
RBCAA	B	0.04%
NUVB	B	0.04%
RDUS	F	0.04%
DDD	F	0.04%
CAC	B	0.04%
AMCX	C	0.04%
WASH	B	0.04%
LXU	C	0.04%
GSBC	B	0.04%
UFCS	B	0.04%
EBF	C	0.04%
FPI	B	0.04%
GCI	B	0.04%
SMRT	F	0.04%
EQBK	A	0.04%
HAFC	B	0.04%
ZYME	F	0.04%
BFST	D	0.04%
MSBI	D	0.04%
OPK	C	0.04%
PKST	D	0.04%
LEU	C	0.04%
CATC	B	0.04%
OFIX	C	0.04%
HTBK	C	0.04%
VVX	C	0.04%
GMRE	C	0.04%
ZEUS	F	0.04%
BRY	C	0.04%
IBCP	B	0.04%
PTVE	C	0.04%
HTLD	D	0.04%
ELVN	B	0.04%
BV	B	0.04%
DHC	F	0.04%
TRST	B	0.04%
CPF	B	0.04%
HBNC	B	0.04%
ATRO	B	0.04%
NYMT	F	0.04%
TK	B	0.04%
NR	C	0.04%
ACHR	F	0.04%
STGW	B	0.04%
HZO	F	0.04%
KREF	F	0.04%
RES	F	0.04%
LASR	B	0.04%
CCO	D	0.04%
PSFE	B	0.04%
RBB	B	0.03%
NEWT	C	0.03%
TAST	A	0.03%
CDLX	D	0.03%
LXFR	B	0.03%
UIS	D	0.03%
TBI	F	0.03%
TNGX	F	0.03%
KRNY	F	0.03%
GLRE	A	0.03%
ORIC	F	0.03%
FATE	D	0.03%
SHBI	C	0.03%
TARO	C	0.03%
ACRE	F	0.03%
NWPX	A	0.03%
FFIC	D	0.03%
SMBK	B	0.03%
AVNW	F	0.03%
ALRS	D	0.03%
TRC	C	0.03%
SB	B	0.03%
LMNR	B	0.03%
ANIK	C	0.03%
NTGR	F	0.03%
NFBK	D	0.03%
FUBO	F	0.03%
CRMT	F	0.03%
FCEL	F	0.03%
RGP	F	0.03%
AROW	C	0.03%
MCBC	A	0.03%
FRPH	C	0.03%
OSUR	F	0.03%
KALV	C	0.03%
NBN	B	0.03%
DBI	D	0.03%
CVLG	B	0.03%
VPG	F	0.03%
RUSHB	D	0.03%
CTO	B	0.03%
STOK	C	0.03%
OSG	B	0.03%
ALXO	C	0.03%
WLDN	B	0.03%
OLP	A	0.03%
NKLA	F	0.03%
NPK	B	0.03%
MEI	F	0.03%
MOV	D	0.03%
VERV	F	0.03%
PGC	D	0.03%
XPER	F	0.03%
OABI	D	0.03%
ADTN	D	0.03%
EHAB	F	0.03%
SAVE	F	0.03%
HVT	F	0.03%
SMBC	D	0.03%
WVE	D	0.03%
SD	D	0.03%
SLQT	B	0.03%
ZIMV	C	0.03%
LAND	C	0.03%
ITOS	B	0.03%
CLDT	F	0.03%
MTW	F	0.03%
CLNE	D	0.03%
ORC	B	0.03%
DAKT	B	0.03%
CENT	B	0.03%
CCNE	C	0.03%
HONE	B	0.03%
BHB	B	0.03%
TWI	F	0.03%
FLGT	D	0.03%
GDOT	C	0.03%
IVR	B	0.03%
BLUE	F	0.02%
FRGE	F	0.02%
DGICA	F	0.02%
CIO	C	0.02%
MHLD	B	0.02%
JOUT	F	0.02%
CRNC	F	0.02%
AFCG	B	0.02%
GENC	A	0.02%
HLLY	F	0.02%
CBNK	D	0.02%
MYPS	F	0.02%
NGVC	B	0.02%
CVLY	B	0.02%
VRA	B	0.02%
ACTG	B	0.02%
CBAN	B	0.02%
NKTX	D	0.02%
GPRO	F	0.02%
NATR	F	0.02%
PINE	B	0.02%
REI	D	0.02%
LE	A	0.02%
JMSB	F	0.02%
BLDE	B	0.02%
INGN	C	0.02%
LSEA	F	0.02%
ONL	C	0.02%
FDBC	F	0.02%
BLFY	B	0.02%
GRNT	C	0.02%
BRT	C	0.02%
SFST	D	0.02%
AMPY	D	0.02%
INZY	F	0.02%
FRST	D	0.02%
NECB	B	0.02%
POWW	D	0.02%
MPLN	F	0.02%
FNLC	C	0.02%
WSBF	B	0.02%
PKOH	B	0.02%
PSTX	F	0.02%
RRBI	D	0.02%
ACIC	B	0.02%
CIVB	D	0.02%
AAN	D	0.02%
ANGO	C	0.02%
WOW	C	0.02%
HYLN	D	0.02%
AURA	F	0.02%
REFI	C	0.02%
LEGH	C	0.02%
TSVT	D	0.02%
EBTC	C	0.02%
AMPS	F	0.02%
BWB	B	0.02%
FLIC	D	0.02%
VLGEA	A	0.02%
GNTY	B	0.02%
ASLE	C	0.02%
PKE	D	0.02%
STRO	D	0.02%
OBT	B	0.02%
TRUE	F	0.02%
OLMA	F	0.02%
HEAR	B	0.02%
HBT	B	0.02%
CZNC	C	0.02%
PSTL	C	0.02%
HBCP	B	0.02%
MBI	C	0.02%
IPI	B	0.02%
FLWS	D	0.02%
SPOK	F	0.02%
MCS	F	0.02%
BMRC	D	0.02%
FRBA	D	0.02%
FBIZ	B	0.02%
ATNI	F	0.02%
SLDP	C	0.02%
THRD	B	0.02%
ALLO	F	0.02%
EBS	C	0.02%
PFIS	D	0.02%
PANL	B	0.02%
LINC	B	0.02%
IMMR	B	0.02%
OIS	F	0.02%
ADV	C	0.02%
ACNB	F	0.02%
AVIR	C	0.02%
PACK	C	0.02%
ORRF	B	0.02%
ANNX	D	0.02%
CRBU	F	0.02%
HIFS	B	0.02%
FISI	C	0.02%
RYAM	C	0.02%
WTBA	B	0.02%
RBBN	C	0.02%
ZUMZ	B	0.02%
KODK	D	0.02%
GCO	D	0.02%
FMAO	B	0.02%
KRO	A	0.02%
JRVR	F	0.02%
BSRR	B	0.02%
CARE	C	0.02%
FFWM	F	0.02%
SENEA	A	0.02%
ONEW	F	0.02%
LOCO	B	0.02%
VNDA	B	0.02%
NRIM	B	0.02%
WULF	C	0.02%
CELC	D	0.02%
ULH	B	0.02%
TRDA	C	0.02%
LILA	B	0.02%
SPFI	B	0.02%
GEF	D	0.02%
MPB	B	0.02%
SMHI	C	0.02%
REPL	F	0.02%
MOFG	D	0.02%
LENZ	D	0.01%
GRTS	F	0.01%
PNRG	B	0.01%
GWH	D	0.01%
VOR	F	0.01%
PLX	F	0.01%
IPSC	D	0.01%
GLT	F	0.01%
BGFV	F	0.01%
BIRD	F	0.01%
CPSS	D	0.01%
PRPL	D	0.01%
LICY	F	0.01%
ACET	F	0.01%
COOK	D	0.01%
PMVP	D	0.01%
CATO	F	0.01%
VUZI	F	0.01%
TUSK	F	0.01%
KVHI	C	0.01%
SGMO	F	0.01%
ASRT	D	0.01%
BCOV	D	0.01%
MVST	F	0.01%
ZURA	C	0.01%
PETS	F	0.01%
EEX	D	0.01%
IVAC	C	0.01%
SBT	D	0.01%
ALLK	F	0.01%
WW	F	0.01%
SNFCA	F	0.01%
DHX	D	0.01%
ACRV	C	0.01%
BIG	F	0.01%
OPI	D	0.01%
NRGV	F	0.01%
MNSB	F	0.01%
ORGN	C	0.01%
PBFS	C	0.01%
TRVI	D	0.01%
HFFG	F	0.01%
FGEN	F	0.01%
DOUG	F	0.01%
AMWL	F	0.01%
KOD	D	0.01%
TSE	F	0.01%
FCCO	F	0.01%
NREF	D	0.01%
SEER	D	0.01%
NODK	C	0.01%
RELL	D	0.01%
SPWH	F	0.01%
WALD	F	0.01%
FF	B	0.01%
NC	C	0.01%
TBRG	D	0.01%
USCB	B	0.01%
IGMS	D	0.01%
LOGC	F	0.01%
TLYS	F	0.01%
PWOD	D	0.01%
BCAB	C	0.01%
IHRT	F	0.01%
CFFI	F	0.01%
AOMR	B	0.01%
RXT	C	0.01%
BKSY	F	0.01%
NAUT	C	0.01%
VEL	B	0.01%
STRS	C	0.01%
JILL	C	0.01%
EVBN	D	0.01%
VABK	C	0.01%
DSGN	C	0.01%
HNRG	D	0.01%
BFLY	D	0.01%
SWIM	C	0.01%
JAKK	F	0.01%
BH	B	0.01%
MYFW	B	0.01%
ERAS	F	0.01%
MASS	F	0.01%
PLCE	D	0.01%
QUAD	D	0.01%
BPRN	D	0.01%
ESSA	C	0.01%
RNGR	F	0.01%
GLUE	F	0.01%
BWFG	D	0.01%
CHMG	B	0.01%
RSVR	C	0.01%
BARK	D	0.01%
PDLB	C	0.01%
OCN	C	0.01%
LAW	D	0.01%
GEVO	C	0.01%
OVLY	D	0.01%
WEYS	F	0.01%
CMCL	D	0.01%
TG	B	0.01%
LCNB	D	0.01%
ZVRA	F	0.01%
GBIO	D	0.01%
DM	F	0.01%
GPMT	F	0.01%
PCB	D	0.01%
FET	F	0.01%
TTSH	C	0.01%
WLFC	A	0.01%
MG	C	0.01%
STHO	B	0.01%
GRWG	C	0.01%
NWFL	F	0.01%
BCBP	C	0.01%
FVCB	F	0.01%
PKBK	C	0.01%
PGEN	F	0.01%
HMST	F	0.01%
ATLO	B	0.01%
RMAX	D	0.01%
OB	B	0.01%
XOMA	C	0.01%
MBCN	F	0.01%
QSI	F	0.01%
RLGT	F	0.01%
NXDT	F	0.01%
OVID	F	0.01%
HIPO	D	0.01%
DXLG	F	0.01%
SNPO	B	0.01%
HRT	A	0.01%
NKSH	D	0.01%
LRMR	D	0.01%
SSBK	B	0.01%
COFS	B	0.01%
TSBK	D	0.01%
ONTF	F	0.01%
UNTY	B	0.01%
STEM	F	0.01%
ALCO	D	0.01%
BHR	C	0.01%
ME	D	0.01%
TNYA	D	0.01%
HOFT	D	0.01%
CMAX	F	0.0%
SLND	F	0.0%
OCEA	F	0.0%
UONEK	F	0.0%
UONE	F	0.0%
ARL	F	0.0%
UHG	D	0.0%
AADI	F	0.0%
GORV	F	0.0%
BKKT	F	0.0%
DZSI	D	0.0%
OPFI	C	0.0%
CARM	F	0.0%
CIX	D	0.0%
TCI	F	0.0%
CARA	F	0.0%
ALVR	D	0.0%
BHIL	D	0.0%
FOA	D	0.0%
SWKH	B	0.0%
SKIL	F	0.0%
GOCO	F	0.0%
IKNA	F	0.0%
AFRI	C	0.0%
VOXX	F	0.0%
METCB	F	0.0%
BRBS	D	0.0%
VIGL	D	0.0%
EGRX	F	0.0%
AEVA	F	0.0%
KZR	F	0.0%
RLYB	D	0.0%
CMTL	F	0.0%
MKTW	F	0.0%
DLTH	F	0.0%
SST	F	0.0%
WKHS	F	0.0%
NL	C	0.0%
FOSL	C	0.0%
PRLD	D	0.0%
VHI	C	0.0%
RENT	C	0.0%
DNMR	F	0.0%

IWN Underweight 527 Positions Relative to IWO

Symbol	Grade	Weight
SMCI	D	-3.51%
MSTR	D	-1.63%
FIX	B	-0.87%
WFRD	C	-0.67%
ELF	D	-0.67%
FN	B	-0.66%
PCVX	D	-0.61%
ATI	B	-0.6%
FTAI	B	-0.6%
SFM	A	-0.6%
AIT	C	-0.58%
SPSC	B	-0.55%
SSD	D	-0.55%
VKTX	C	-0.54%
HQY	D	-0.51%
ITCI	C	-0.51%
CHX	D	-0.51%
ENSG	D	-0.5%
BPMC	B	-0.49%
RMBS	D	-0.48%
RHP	D	-0.47%
WTS	B	-0.45%
HALO	B	-0.45%
NOVT	D	-0.45%
NSIT	A	-0.45%
SIGI	F	-0.45%
ATKR	D	-0.44%
BMI	A	-0.44%
MTSI	B	-0.43%
CWST	C	-0.42%
NXT	F	-0.42%
CBT	A	-0.42%
LNTH	B	-0.42%
QLYS	F	-0.42%
DUOL	D	-0.4%
AVAV	A	-0.4%
GKOS	A	-0.4%
MMS	B	-0.4%
AAON	D	-0.39%
TENB	F	-0.39%
IBP	D	-0.39%
FSS	A	-0.39%
TDW	B	-0.38%
EXLS	C	-0.38%
ALTR	B	-0.38%
OPCH	D	-0.38%
BCPC	B	-0.38%
EXPO	B	-0.37%
ALTM	C	-0.37%
MMSI	B	-0.36%
VRNS	D	-0.36%
APPF	B	-0.36%
HAE	A	-0.36%
VAL	C	-0.35%
FELE	C	-0.35%
MARA	D	-0.34%
POWI	C	-0.34%
HRI	D	-0.34%
FCFS	D	-0.34%
COKE	B	-0.34%
TMDX	B	-0.33%
BCO	A	-0.33%
FORM	A	-0.32%
WK	D	-0.32%
DY	A	-0.32%
ALKS	F	-0.31%
FFIN	C	-0.31%
SLAB	D	-0.31%
KTB	B	-0.3%
ASO	F	-0.3%
PI	C	-0.3%
AEIS	B	-0.3%
NSP	C	-0.29%
CSWI	A	-0.29%
LANC	D	-0.29%
VRRM	A	-0.29%
BOX	D	-0.29%
SHAK	C	-0.29%
ACLS	C	-0.28%
CBZ	C	-0.28%
QTWO	A	-0.27%
KRYS	D	-0.27%
SEM	A	-0.27%
WHD	C	-0.26%
BL	D	-0.26%
HGV	D	-0.26%
AXNX	D	-0.26%
BOOT	C	-0.26%
SMPL	B	-0.26%
BLKB	C	-0.26%
RDNT	A	-0.26%
INSM	D	-0.26%
WDFC	D	-0.25%
KAI	D	-0.25%
TNET	D	-0.25%
ENV	B	-0.25%
ALRM	D	-0.25%
SHOO	C	-0.24%
CVCO	C	-0.24%
HI	F	-0.24%
SXT	A	-0.24%
VC	C	-0.24%
MDGL	D	-0.24%
GH	C	-0.23%
MWA	A	-0.23%
JBT	D	-0.23%
LRN	B	-0.23%
IRTC	F	-0.23%
CERE	C	-0.23%
SWTX	D	-0.23%
ARWR	F	-0.22%
FTDR	B	-0.22%
AWR	B	-0.22%
ICFI	B	-0.21%
PRCT	B	-0.21%
AXSM	D	-0.21%
FOLD	F	-0.21%
IDCC	B	-0.21%
EVH	F	-0.2%
KWR	D	-0.2%
MGRC	D	-0.2%
KOS	C	-0.2%
EVTC	D	-0.19%
JJSF	B	-0.19%
MYRG	D	-0.19%
SLVM	C	-0.19%
YELP	D	-0.19%
PRFT	B	-0.19%
IPAR	D	-0.18%
CNMD	F	-0.18%
ACVA	D	-0.18%
BE	D	-0.18%
ROAD	C	-0.18%
MTRN	D	-0.18%
CRVL	A	-0.18%
OII	B	-0.18%
CRDO	D	-0.18%
RPD	F	-0.18%
ZETA	A	-0.18%
TGTX	C	-0.18%
DNLI	F	-0.18%
PJT	B	-0.18%
DORM	C	-0.18%
PGNY	F	-0.17%
OSIS	C	-0.17%
ENR	C	-0.17%
CORT	B	-0.17%
FRSH	F	-0.17%
BRZE	F	-0.17%
IGT	F	-0.17%
AMN	F	-0.17%
VCEL	B	-0.17%
SITM	B	-0.17%
CARG	C	-0.17%
PRGS	F	-0.17%
DOCN	D	-0.17%
EPAC	A	-0.16%
STEP	A	-0.16%
RYTM	D	-0.16%
PLMR	B	-0.16%
STAA	C	-0.16%
SONO	D	-0.16%
BLMN	F	-0.16%
UPST	D	-0.15%
PRVA	F	-0.15%
NUVL	D	-0.15%
CNS	D	-0.15%
GOLF	C	-0.15%
RELY	F	-0.15%
CAKE	B	-0.15%
ALG	D	-0.15%
AGYS	B	-0.15%
FOXF	D	-0.15%
NGVT	B	-0.15%
JOE	B	-0.15%
ACLX	F	-0.15%
BATRK	B	-0.14%
ASTH	D	-0.14%
FLYW	F	-0.14%
PLAY	D	-0.14%
ACAD	F	-0.14%
CPRX	C	-0.14%
CALX	F	-0.14%
UFPT	B	-0.14%
PD	F	-0.14%
THRM	F	-0.13%
IMVT	F	-0.13%
ARRY	F	-0.13%
TBBK	D	-0.13%
HIMS	D	-0.13%
HLIO	B	-0.13%
RXST	B	-0.13%
EXTR	F	-0.12%
LMAT	A	-0.12%
PAYO	B	-0.12%
HEES	D	-0.12%
DRS	C	-0.12%
USPH	C	-0.12%
CTS	A	-0.12%
HWKN	B	-0.12%
AMPH	F	-0.12%
HURN	F	-0.12%
KROS	D	-0.11%
WRBY	B	-0.11%
CHEF	A	-0.11%
ZUO	B	-0.11%
OEC	B	-0.11%
EVBG	D	-0.11%
SUPN	F	-0.11%
PCRX	D	-0.11%
SPT	F	-0.11%
KYMR	D	-0.11%
YOU	F	-0.11%
INMD	F	-0.11%
INTA	C	-0.11%
DDS	C	-0.11%
MXL	F	-0.11%
NSSC	B	-0.11%
UPWK	D	-0.11%
CBRL	F	-0.1%
JAMF	C	-0.1%
ENVX	C	-0.1%
PHR	F	-0.1%
AKRO	F	-0.1%
HLIT	D	-0.1%
CSGS	F	-0.1%
AVPT	B	-0.1%
MGPI	D	-0.1%
BORR	F	-0.1%
WT	C	-0.1%
TRUP	D	-0.1%
ASAN	F	-0.1%
CXM	F	-0.1%
LNN	C	-0.1%
UTZ	C	-0.1%
IESC	A	-0.1%
MEG	C	-0.1%
GSHD	F	-0.1%
APPN	F	-0.1%
FIZZ	D	-0.09%
BKE	B	-0.09%
ATEN	B	-0.09%
MODN	B	-0.09%
COUR	F	-0.09%
CRAI	A	-0.09%
SHLS	F	-0.09%
VITL	B	-0.09%
RKLB	C	-0.09%
JBI	D	-0.09%
CARS	C	-0.09%
KFRC	D	-0.09%
OSW	A	-0.09%
LZ	F	-0.09%
SDGR	F	-0.09%
COCO	B	-0.08%
TRNS	A	-0.08%
MSEX	C	-0.08%
SSTK	F	-0.08%
PDFS	C	-0.08%
SP	B	-0.08%
SPNS	B	-0.08%
INFN	D	-0.08%
FLNC	D	-0.08%
WNC	D	-0.08%
PWSC	D	-0.08%
ALKT	B	-0.08%
JACK	F	-0.08%
COLL	D	-0.08%
SILK	C	-0.07%
SAVA	D	-0.07%
CWH	F	-0.07%
UDMY	F	-0.07%
AMRC	C	-0.07%
RVLV	B	-0.07%
PLRX	F	-0.07%
MCRI	D	-0.07%
CENX	B	-0.07%
EXPI	C	-0.07%
JBSS	C	-0.07%
HRMY	F	-0.07%
BASE	C	-0.07%
QNST	C	-0.07%
PRTA	F	-0.07%
OCUL	D	-0.06%
HCI	D	-0.06%
VICR	F	-0.06%
CTKB	F	-0.06%
AMK	D	-0.06%
PAX	F	-0.06%
USLM	B	-0.06%
IMAX	C	-0.06%
XPEL	F	-0.06%
AUPH	F	-0.06%
IE	B	-0.06%
ERII	F	-0.06%
NG	D	-0.06%
TTGT	D	-0.06%
SLP	B	-0.06%
HY	B	-0.06%
RDFN	C	-0.06%
RILY	C	-0.05%
SIBN	F	-0.05%
ALHC	B	-0.05%
MIRM	F	-0.05%
PBI	B	-0.05%
YEXT	F	-0.05%
ATRI	B	-0.05%
MYE	F	-0.05%
AMPL	F	-0.05%
MLAB	B	-0.05%
GDEN	D	-0.05%
PNTG	A	-0.05%
PWP	B	-0.05%
IMXI	D	-0.05%
IAS	F	-0.05%
ZIP	F	-0.05%
KRUS	B	-0.05%
ZNTL	F	-0.05%
SOUN	D	-0.05%
ETNB	F	-0.05%
ARQT	D	-0.05%
VVI	D	-0.05%
ASTS	F	-0.04%
ARKO	D	-0.04%
NRDS	D	-0.04%
CLFD	B	-0.04%
ALX	B	-0.04%
SRDX	C	-0.04%
CVGW	B	-0.04%
SGHC	C	-0.04%
UHT	C	-0.04%
CCB	B	-0.04%
SEMR	A	-0.04%
HROW	D	-0.04%
PTLO	F	-0.04%
LAZR	F	-0.04%
TTI	F	-0.04%
SMMT	B	-0.04%
BIGC	D	-0.04%
ACEL	F	-0.04%
USNA	D	-0.04%
YORW	B	-0.04%
RSI	B	-0.04%
BBUC	D	-0.04%
NEXT	B	-0.04%
PLOW	C	-0.04%
EOLS	D	-0.04%
CDRE	D	-0.04%
CDMO	C	-0.04%
TPB	A	-0.04%
AVXL	F	-0.03%
MNTK	D	-0.03%
LUNG	D	-0.03%
VYGR	D	-0.03%
EGHT	D	-0.03%
SMR	C	-0.03%
BWMN	D	-0.03%
CRCT	C	-0.03%
MCFT	F	-0.03%
CERS	F	-0.03%
FNA	F	-0.03%
CSV	B	-0.03%
DMRC	F	-0.03%
MODV	D	-0.03%
PX	D	-0.03%
TH	C	-0.03%
SIGA	C	-0.03%
ALNT	F	-0.03%
ENFN	D	-0.03%
LOVE	B	-0.03%
INST	F	-0.03%
GRND	C	-0.03%
ALEC	F	-0.03%
FWRD	F	-0.03%
RICK	F	-0.03%
SHYF	C	-0.03%
BYND	F	-0.03%
CRSR	F	-0.03%
CMP	F	-0.03%
BATRA	B	-0.03%
AGS	A	-0.03%
DHIL	C	-0.03%
IIIV	F	-0.03%
LWLG	F	-0.03%
NRC	F	-0.03%
FC	D	-0.03%
ALDX	D	-0.02%
GBTG	C	-0.02%
ZYXI	D	-0.02%
RCEL	F	-0.02%
OPRX	F	-0.02%
OFLX	F	-0.02%
PPTA	B	-0.02%
SKIN	F	-0.02%
FORR	F	-0.02%
REPX	D	-0.02%
UTMD	F	-0.02%
MVIS	F	-0.02%
DOMO	F	-0.02%
WTI	F	-0.02%
RDVT	C	-0.02%
ULCC	D	-0.02%
VTYX	F	-0.02%
PBPB	F	-0.02%
VMD	F	-0.02%
AXGN	F	-0.02%
AVTE	D	-0.02%
COMM	F	-0.02%
JYNT	A	-0.02%
BMEA	F	-0.02%
DCGO	F	-0.02%
TMCI	F	-0.02%
CTOS	F	-0.02%
XERS	F	-0.02%
MED	F	-0.02%
RVNC	F	-0.02%
PRME	F	-0.02%
SPWR	F	-0.02%
IRMD	C	-0.02%
TWKS	C	-0.02%
WEST	B	-0.02%
AEHR	F	-0.02%
WEAV	F	-0.02%
TCMD	F	-0.02%
APLD	F	-0.02%
INOD	C	-0.02%
MURA	F	-0.01%
CURV	B	-0.01%
HQI	F	-0.01%
OBIO	F	-0.01%
MRNS	F	-0.01%
AKYA	F	-0.01%
VTNR	F	-0.01%
KRMD	D	-0.01%
INNV	F	-0.01%
SCWO	C	-0.01%
BBAI	F	-0.01%
ACRS	F	-0.01%
MPX	D	-0.01%
NDLS	D	-0.01%
VERI	D	-0.01%
KFS	D	-0.01%
EP	C	-0.01%
AMLX	F	-0.01%
LUNA	F	-0.01%
OPTN	F	-0.01%
EXFY	F	-0.01%
PDSB	F	-0.01%
TELA	D	-0.01%
EVEX	D	-0.01%
KLTR	F	-0.01%
RRGB	D	-0.01%
CCRD	C	-0.01%
ALTI	F	-0.01%
SMLR	F	-0.01%
INFU	F	-0.01%
PMTS	B	-0.01%
SMTI	F	-0.01%
GAMB	C	-0.01%
RMNI	F	-0.01%
STKS	C	-0.01%
ISPR	F	-0.01%
INTT	F	-0.01%
CDZI	F	-0.01%
FHTX	F	-0.01%
SGHT	C	-0.01%
LVWR	F	-0.01%
KPTI	F	-0.01%
EGAN	D	-0.01%
TSQ	C	-0.01%
EVC	D	-0.01%
NRDY	F	-0.01%
IBEX	D	-0.01%
SCPH	F	-0.01%
QIPT	D	-0.01%
SSTI	F	-0.01%
CRD.B	C	-0.01%
HBIO	F	-0.01%
LCTX	D	-0.01%
TGAN	B	-0.01%
TTEC	F	-0.01%
DSP	D	-0.01%
SKYT	F	-0.01%
MLP	C	-0.01%
PAYS	B	-0.01%
GWRS	C	-0.01%
SAMG	F	-0.01%
NATH	D	-0.01%
EPM	F	-0.01%
OM	D	-0.01%
OOMA	F	-0.01%
TPIC	C	-0.01%
VRCA	B	-0.01%
PCYO	C	-0.01%
KRT	D	-0.01%
INSE	F	-0.01%
ALTG	F	-0.01%
NB	F	-0.0%
BIVI	F	-0.0%
CXAI	C	-0.0%
QRTEB	F	-0.0%
AMPX	F	-0.0%
LPTV	F	-0.0%
RPHM	D	-0.0%
BGXX	F	-0.0%
VLD	F	-0.0%
PIII	F	-0.0%
EYEN	F	-0.0%
DFLI	C	-0.0%
ELA	D	-0.0%
XAIR	F	-0.0%
FTCI	F	-0.0%
VALU	D	-0.0%
AKTS	F	-0.0%
BTAI	F	-0.0%
CMBM	F	-0.0%
RDW	B	-0.0%
NVCT	F	-0.0%
AIRS	F	-0.0%
LNZA	F	-0.0%
OMGA	F	-0.0%
PRTS	F	-0.0%
LPSN	F	-0.0%
OTLK	F	-0.0%
PRTH	B	-0.0%
CUE	D	-0.0%
SKYX	F	-0.0%