iShares Russell 2000 ETF
target weight-2.96%
directionShort
roleInverse Expression
Third short leg and twenty-second weight at -2.96%, up 1.0% - the one equity-basket leg that grows, because 
the alignment raised it 0.66 to 0.70 on 
a fourth consecutive window of small-cap underperformance, IWM down 1.9% against SPY's 0.7%, enough to outweigh the thesis's three-point decline. The dovish-path risk named at entry receded when 
the Fed hiked. Inverse-expression: the recession-risk half of the thesis taken directionally.
vs 1.1.4-0.00 —
Theses funding this position
Every thesis whose alignment contributed weight here; edge weight is the thesis own confidence.
- held security
iShares Russell 2000 ETF- holding direction
Short- holding role
Inverse Expression- serves thesis
Equity melt-up versus building recession risk