Detalus Advisors, LLC

Name: Detalus Advisors, LLC 13F holdings, Q1 2024
Creator: Detalus Advisors, LLC
Published: 2024-04-24

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Detalus Advisors, LLC reported 147 stock positions worth $280.6 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 21.7% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 6.3%) and iShares S&P 500 Growth ETF (IVW, 6.1%). Compared with Q4 2023, it opened 11 new positions, sold out of 11, added to 41 and reduced 66. The biggest buy was a new position in Ishrs US E F R A ETF-Usd (DYNF) and the biggest sale Byline Bancorp (BY, shares −28%).

Most Recent 13F: Q2 2026
Location: ST. LOUIS, MO
CIK: 0001799677
Portfolio Value: $280.6M (Q1 2024)
SEC Filing: 0001799677-24-000002 ↗ filed Apr 24, 2024

Holdings Value

Holdings 147 stocks · $280.6M


SPYM Ste STR SPDR PT S&P 500 ETF	21.66%	987,657	$60.8M	Reduce -2.5%
QUAL iShares MSCI USA Quality Fac	6.34%	108,317	$17.8M	Add +7.1%
IVW iShares S&P 500 Growth ETF	6.14%	204,003	$17.2M	Add +13.1%
IVE iShares S&P 500 Value ETF	3.89%	58,417	$10.9M	Add +27.9%
DYNF Ishrs US E F R A ETF-Usd Inc.	3.86%	243,861	$10.8M	New
RSPT Invesco S&P 500 Equal Weight	3.37%	268,935	$9.5M	Add +9.4%
OEF iShares S&P 100 ETF	2.96%	33,543	$8.3M	Reduce -26.6%
EFX Equifax Inc.	2.76%	28,909	$7.7M	No change
BY Byline Bancorp Inc.	2.25%	291,110	$6.3M	Reduce -28.2%
VOO Vanguard S&P 500 ETF	1.80%	10,527	$5.1M	Reduce -0.0%
USB US Bancorp	1.77%	111,336	$5.0M	Reduce -2.9%
VIG Vanguard Dividend Apprec ETF	1.60%	24,536	$4.5M	Reduce -1.8%
MUB iShares National Muni Bond E	1.56%	40,694	$4.4M	Add +44.9%
SPTL SS SPDR PF LNG TRM TSY E-Usd	1.52%	152,780	$4.3M	Reduce -7.7%
SPMB SS SPDR P Mort Back Bond ETF	1.45%	187,297	$4.1M	Add +55.2%
EMXC iShares MSCI Emr MRK Ex Chna	1.40%	68,397	$3.9M	Add +150.6%
SHM SS SPDR N Ice St Muni ETF	1.38%	81,534	$3.9M	Add +2.3%
IXC iShares Global Energy ETF	1.38%	89,898	$3.9M	Add +39.5%
AAPL Apple Inc.	1.28%	20,867	$3.6M	Add +1.3%
HCA HCA Healthcare Inc.	1.19%	10,000	$3.3M	No change
USMV iShares MSCI USA Min Vol Fac	1.12%	37,754	$3.2M	Reduce -33.3%
ABBV Abbvie Inc.	1.04%	16,005	$2.9M	Reduce -0.8%
MSFT Microsoft Corp.	1.00%	6,664	$2.8M	Add +0.6%
HEFA Isha Curr Hedged MSCI Eafe	0.98%	78,536	$2.7M	New
BINC iShares Flex I A ETF-Usd Inc.	0.72%	38,291	$2.0M	New
PEP Pepsico Inc.	0.71%	11,423	$2.0M	Add +0.4%
MTUM iShares MSCI USA Momentum Fa	0.70%	10,510	$2.0M	Reduce -1.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.66%	9,763	$1.9M	Reduce -0.6%
VTEB Vanguard Tax-Exempt Bond ETF	0.66%	36,799	$1.9M	Add +1.1%
IFRA iShares US Infrastructure	0.66%	42,491	$1.8M	Add +3.6%
WMT Walmart Inc.	0.65%	30,407	$1.8M	Add +0.8%
ABT Abbott Laboratories	0.63%	15,622	$1.8M	No change
TLT iShares 20+ Year Treasury BD	0.61%	18,189	$1.7M	Add +25.4%
AMZN Amazon.com Inc.	0.60%	9,379	$1.7M	Add +6.7%
JEPI JPMorgan Equity Premium Inco	0.58%	28,361	$1.6M	Reduce -14.0%
GOOGL Alphabet Inc. Class A	0.50%	9,366	$1.4M	Reduce -0.0%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.47%	28,941	$1.3M	Add +9.4%
PG The Procter & Gamble Co.	0.45%	7,724	$1.3M	Reduce -0.3%
PRF Invesco Rafi US 1000 ETF	0.43%	31,368	$1.2M	Reduce -0.4%
WM Waste Management Inc.	0.42%	5,554	$1.2M	Reduce -1.8%
SPIP SS SPDR P Tips ETF	0.40%	44,165	$1.1M	Add +11.1%
VUG Vanguard Mrngstar GR ETF-Sui	0.38%	3,071	$1.1M	No change
VZ Verizon Communications Inc.	0.37%	24,563	$1.0M	Reduce -2.8%
T AT&T Inc.	0.33%	53,006	$933K	Add +1.1%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.32%	3,104	$890K	Reduce -0.1%
ELV Elevance Health Inc.	0.31%	1,653	$857K	No change
NIC Nicolet Bankshares Inc.	0.30%	9,917	$853K	Reduce -54.9%
IGRO iShares Intl Div Growth ETF	0.30%	12,619	$850K	Add +0.2%
MA Mastercard Inc. Class A	0.29%	1,710	$823K	Reduce -0.1%
SO The Southern Co.	0.27%	10,731	$770K	Reduce -3.2%
KHC The Kraft Heinz Co.	0.27%	20,625	$761K	Add +1.7%
RPG Invesco S&P 500 Pure Growth	0.27%	20,470	$752K	Reduce -1.5%
F Ford Motor Co. filed as FORD MTR CO DEL	0.26%	55,900	$742K	No change
UNH Unitedhealth Group Inc.	0.26%	1,495	$740K	Reduce -6.2%
JNJ Johnson & Johnson	0.26%	4,620	$731K	Reduce -1.1%
QUS SS SPDR MSCI U Stratfact ETF	0.26%	4,926	$717K	Reduce -7.3%
HD Home Depot Inc.	0.25%	1,856	$712K	No change
PFE Pfizer Inc.	0.25%	25,240	$700K	Add +1.0%
V Visa Inc. Class A	0.25%	2,483	$693K	Add +2.1%
VTI VG Morningstar TS MKT ETF-US	0.24%	2,580	$671K	Reduce -6.9%
SPDW Ste STR SPDR PT DW Eu ETF	0.24%	18,579	$666K	Add +10.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.24%	5,430	$664K	Reduce -1.6%
PFF iShares Preferred & Income S	0.24%	20,515	$661K	Reduce -1.4%
SPYD SS SPDR P S&P 500 Hi Div ETF	0.23%	16,190	$659K	Reduce -0.8%
SF Stifel Financial Corp.	0.23%	8,142	$636K	Reduce -1.9%
ESGU iShares ESG Aware MSCI USA	0.23%	5,505	$633K	Reduce -6.4%
CI The Cigna Group	0.22%	1,723	$626K	Add +132.2%
ADP Automatic Data Processing	0.21%	2,400	$599K	No change
SPYV SS SPDR P S&P 500 Value ETF	0.21%	11,962	$599K	Add +0.0%
NVDA Nvidia Corp.	0.21%	661	$597K	Reduce -11.2%
VTV Vanguard Mrngstr Val ETF-Aui	0.21%	3,539	$576K	Reduce -16.2%
VYM Vanguard High DVD Yield ETF	0.20%	4,675	$566K	Reduce -1.7%
DOW Dow Inc.	0.20%	9,708	$562K	Reduce -0.1%
CBSH Commerce Bancshares Inc.	0.19%	10,187	$542K	Reduce -1.4%
SMB Vaneck Short Muni ETF	0.19%	31,297	$533K	Reduce -6.2%
VEA Vanguard Ftse Developed ETF	0.18%	10,279	$516K	Add +0.8%
KO The Coca-Cola Co.	0.18%	8,328	$510K	Reduce -1.4%
KMI Kinder Morgan Inc.	0.18%	27,680	$508K	Reduce -17.9%
NEE Nextera Energy Inc.	0.18%	7,728	$494K	Reduce -34.0%
MCD McDonald's Corp.	0.18%	1,748	$493K	Add +3.1%
UNP Union Pacific Corp.	0.17%	1,980	$487K	Reduce -0.2%
IIPR Innovative Industrial Proper	0.17%	4,592	$475K	Reduce -12.0%
FDX FedEx Corp.	0.16%	1,565	$454K	No change
WBA Walgreens Boots Alliance Inc.	0.16%	20,659	$448K	Add +0.1%
EPD Enterprise Products Partners	0.16%	15,345	$448K	New
CTAS Cintas Corp.	0.16%	636	$437K	No change
XOM Exxon Mobil Corp.	0.15%	3,672	$427K	Reduce -0.0%
LMT Lockheed Martin Corp.	0.15%	920	$419K	Reduce -0.3%
HUBB Hubbell Inc.	0.15%	1,000	$415K	New
LLY Eli Lilly & Co.	0.15%	529	$412K	No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.14%	3,716	$405K	Reduce -8.1%
KRE SS SPDR S&P Regional Bank	0.13%	7,400	$372K	No change
GIS General Mills Inc.	0.13%	5,242	$367K	Add +4.0%
MRK Merck & Co. Inc.	0.13%	2,771	$366K	Add +0.1%
EPC Edgewell Personal Care Co.	0.13%	9,281	$359K	No change
JPM JPMorgan Chase & Co.	0.13%	1,782	$357K	Add +4.0%
SPMD SS SPDR P S&P 400 Midcap ETF	0.13%	6,631	$354K	Reduce -9.5%
ILCV iShares Morningstar Value Et	0.12%	4,427	$340K	Reduce -0.8%
NOBL Proshares S&P 500 Dividend A	0.12%	3,309	$336K	No change
HON Honeywell International Inc.	0.12%	1,619	$332K	Add +8.3%
WFC Wells Fargo & Co.	0.12%	5,600	$325K	No change
SPAB SS SPDR P Agg Bond ETF	0.12%	12,795	$323K	Add +3.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.11%	1,283	$320K	Reduce -2.7%
SPGP Invesco S&P 500 Garp ETF	0.11%	3,001	$320K	Add +3.7%
MRSH Marsh & McLennan Cos	0.11%	1,541	$317K	No change
CWB SS SPDR BB Conv Sec ETF	0.11%	4,272	$312K	New
PM Philip Morris International	0.11%	3,386	$310K	Add +1.1%
RSG Republic Services Inc.	0.11%	1,618	$310K	No change
AMGN Amgen Inc.	0.11%	1,086	$309K	No change
VB Vanguard Most SM-Cap ETF-Usd	0.11%	1,346	$308K	Add +1.5%
LRCX Lam Research Corp.	0.11%	314	$305K	Reduce -0.6%
INTC Intel Corp.	0.11%	6,695	$296K	Reduce -4.5%
UPS United Parcel Service Class B	0.11%	1,989	$296K	Reduce -3.4%
AMD Advanced Micro Devices	0.10%	1,632	$295K	No change
SPSM SS SPDR P S&P 600 Small Cap	0.10%	6,799	$293K	Reduce -5.4%
BCE Bce Inc.	0.10%	8,400	$286K	No change
IWR iShares Russell Mid-Cap ETF	0.10%	3,361	$283K	Reduce -0.6%
IYE iShares U.S. Energy ETF	0.10%	5,696	$281K	Reduce -43.6%
COST Costco Wholesale Corp.	0.10%	378	$277K	Add +3.0%
ENR Energizer Holdings Inc.	0.10%	9,281	$273K	No change
VEU Vanguard Ftse All-World Ex-U	0.10%	4,561	$268K	Add +4.2%
SPBO SS SPDR P Corp. Bond ETF	0.10%	9,156	$267K	Reduce -80.2%
PCN PIMCO Corporate & Income STR	0.09%	18,798	$263K	Reduce -6.0%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET	0.09%	8,416	$262K	No change
SHOP Shopify Inc. Class A	0.09%	3,345	$258K	No change
CSCO Cisco Systems Inc.	0.09%	5,009	$250K	Reduce -0.8%
CORP PIMCO Inv Grade Corp. BD ETF	0.09%	2,585	$248K	Reduce -5.2%
IJH iShares Core S&P Midcap ETF	0.09%	4,065	$247K	Reduce -0.8%
IEFA iShares Core MSCI Eafe ETF	0.08%	3,183	$236K	Reduce -8.2%
MMM 3M Co.-W/I	0.08%	2,204	$234K	New
DGRW Wisdomtree U.S. Quality Divi	0.08%	3,025	$230K	New
SHW The Sherwin-Williams Co.	0.08%	654	$227K	No change
RTX RTX Corp.	0.08%	2,314	$226K	New
CAH Cardinal Health Inc.	0.08%	1,985	$222K	New
SPLV Invesco S&P 500 Low Volatili	0.08%	3,344	$220K	Reduce -21.0%
TSCO Tractor Supply Company	0.08%	835	$218K	New
AEE Ameren Corporation	0.08%	2,938	$217K	No change
DUK Duke Energy Corp.	0.08%	2,226	$215K	Reduce -28.2%
GSY Invesco Ultra Short Duration	0.07%	4,200	$210K	No change
BHK BlackRock Core Bond Trust	0.05%	12,781	$138K	Reduce -6.4%
HBI Hanesbrands Inc.	0.04%	17,000	$99K	No change
FTF Franklin Ltd. Dur Inc. TR	0.03%	13,828	$87K	No change
ETW Eaton Vance T/M GLBL Buy-WR	0.03%	10,175	$83K	Reduce -15.4%
PCF High Income Securities Fund	0.03%	10,342	$70K	Reduce -16.2%
PSEC Prospect Capital Corp.	0.02%	12,000	$66K	Reduce -11.1%
GGN Gamco GLBL Gold NTRL Res Inc.	0.02%	12,507	$48K	Add +2.4%
ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV	0.01%	10,000	$20K	No change

Portfolio Sells Q4 2023 → Q1 2024


BY Byline Bancorp Inc.	Reduce -28.2%	2.25%	−1.57
USFR Wisdomtree Floating Rate Tre	Sold out	0.00%	−1.38
OEF iShares S&P 100 ETF	Reduce -26.6%	2.96%	−1.13
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -2.5%	21.66%	−0.98
USMV iShares MSCI USA Min Vol Fac	Reduce -33.3%	1.12%	−0.64
SPBO SS SPDR P Corp. Bond ETF	Reduce -80.2%	0.10%	−0.45
NIC Nicolet Bankshares Inc.	Reduce -54.9%	0.30%	−0.40
SPTL SS SPDR PF LNG TRM TSY E-Usd	Reduce -7.7%	1.52%	−0.40
VWOB Vanguard Emerg MKTS Gov BND	Sold out	0.00%	−0.36
USB US Bancorp	Reduce -2.9%	1.77%	−0.21
TFLO iShares Treasury Floating Ra	Sold out	0.00%	−0.14
JEPI JPMorgan Equity Premium Inco	Reduce -14.0%	0.58%	−0.14
NEE Nextera Energy Inc.	Reduce -34.0%	0.18%	−0.11
VIG Vanguard Dividend Apprec ETF	Reduce -1.8%	1.60%	−0.11
CVX Chevron Corp.	Sold out	0.00%	−0.10
IWB iShares Russell 1000 ETF	Sold out	0.00%	−0.09
MMM 3M Co.	Sold out	0.00%	−0.09
WPC WP Carey Inc.	Sold out	0.00%	−0.09
JKHY Jack Henry & Associates Inc.	Sold out	0.00%	−0.09
IEMG iShares Core MSCI Emerging	Sold out	0.00%	−0.08
IYE iShares U.S. Energy ETF	Reduce -43.6%	0.10%	−0.08
UNH Unitedhealth Group Inc.	Reduce -6.2%	0.26%	−0.07
XNOMX Nuveen Mo QLTY Muni Inc.	Sold out	0.00%	−0.07
KMI Kinder Morgan Inc.	Reduce -17.9%	0.18%	−0.06
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -16.2%	0.21%	−0.05
DUK Duke Energy Corp.	Reduce -28.2%	0.08%	−0.04
IIPR Innovative Industrial Proper	Reduce -12.0%	0.17%	−0.04
SMB Vaneck Short Muni ETF	Reduce -6.2%	0.19%	−0.04
SO The Southern Co.	Reduce -3.2%	0.27%	−0.04
VOO Vanguard S&P 500 ETF	Reduce -0.0%	1.80%	−0.04
INTC Intel Corp.	Reduce -4.5%	0.11%	−0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Reduce -8.1%	0.14%	−0.03
JNJ Johnson & Johnson	Reduce -1.1%	0.26%	−0.03
BDJ BlackRock Enhanced Eqty DVD	Sold out	0.00%	−0.03
SPLV Invesco S&P 500 Low Volatili	Reduce -21.0%	0.08%	−0.03
CBSH Commerce Bancshares Inc.	Reduce -1.4%	0.19%	−0.03
QUS SS SPDR MSCI U Stratfact ETF	Reduce -7.3%	0.26%	−0.03
UPS United Parcel Service Class B	Reduce -3.4%	0.11%	−0.02
PFF iShares Preferred & Income S	Reduce -1.4%	0.24%	−0.02
VTI VG Morningstar TS MKT ETF-US	Reduce -6.9%	0.24%	−0.02
ESGU iShares ESG Aware MSCI USA	Reduce -6.4%	0.23%	−0.02
UNP Union Pacific Corp.	Reduce -0.2%	0.17%	−0.02
SPYD SS SPDR P S&P 500 Hi Div ETF	Reduce -0.8%	0.23%	−0.02
GOOGL Alphabet Inc. Class A	Reduce -0.0%	0.50%	−0.02
LMT Lockheed Martin Corp.	Reduce -0.3%	0.15%	−0.02
CORP PIMCO Inv Grade Corp. BD ETF	Reduce -5.2%	0.09%	−0.02
KO The Coca-Cola Co.	Reduce -1.4%	0.18%	−0.02
SPSM SS SPDR P S&P 600 Small Cap	Reduce -5.4%	0.10%	−0.02
SPMD SS SPDR P S&P 400 Midcap ETF	Reduce -9.5%	0.13%	−0.02
VZ Verizon Communications Inc.	Reduce -2.8%	0.37%	−0.01

Portfolio Buys Q4 2023 → Q1 2024


DYNF Ishrs US E F R A ETF-Usd Inc.	New	3.86%	+3.86
HEFA Isha Curr Hedged MSCI Eafe	New	0.98%	+0.98
EMXC iShares MSCI Emr MRK Ex Chna	Add +150.6%	1.40%	+0.80
IVW iShares S&P 500 Growth ETF	Add +13.1%	6.14%	+0.72
BINC iShares Flex I A ETF-Usd Inc.	New	0.72%	+0.72
IVE iShares S&P 500 Value ETF	Add +27.9%	3.89%	+0.71
QUAL iShares MSCI USA Quality Fac	Add +7.1%	6.34%	+0.39
SPMB SS SPDR P Mort Back Bond ETF	Add +55.2%	1.45%	+0.38
IXC iShares Global Energy ETF	Add +39.5%	1.38%	+0.37
MUB iShares National Muni Bond E	Add +44.9%	1.56%	+0.34
RSPT Invesco S&P 500 Equal Weight	Add +9.4%	3.37%	+0.16
EPD Enterprise Products Partners	New	0.16%	+0.16
HUBB Hubbell Inc.	New	0.15%	+0.15
CI The Cigna Group	Add +132.2%	0.22%	+0.13
CWB SS SPDR BB Conv Sec ETF	New	0.11%	+0.11
MMM 3M Co.-W/I	New	0.08%	+0.08
DGRW Wisdomtree U.S. Quality Divi	New	0.08%	+0.08
RTX RTX Corp.	New	0.08%	+0.08
CAH Cardinal Health Inc.	New	0.08%	+0.08
TSCO Tractor Supply Company	New	0.08%	+0.08
AMZN Amazon.com Inc.	Add +6.7%	0.60%	+0.07
TLT iShares 20+ Year Treasury BD	Add +25.4%	0.61%	+0.04
WMT Walmart Inc.	Add +0.8%	0.65%	+0.02
JPM JPMorgan Chase & Co.	Add +4.0%	0.13%	+0.01
MRK Merck & Co. Inc.	Add +0.1%	0.13%	+0.01
SPDW Ste STR SPDR PT DW Eu ETF	Add +10.7%	0.24%	+0.01
MSFT Microsoft Corp.	Add +0.6%	1.00%	+0.00
COST Costco Wholesale Corp.	Add +3.0%	0.10%	+0.00
SPGP Invesco S&P 500 Garp ETF	Add +3.7%	0.11%	+0.00
GIS General Mills Inc.	Add +4.0%	0.13%	−0.00
GGN Gamco GLBL Gold NTRL Res Inc.	Add +2.4%	0.02%	−0.00
VEU Vanguard Ftse All-World Ex-U	Add +4.2%	0.10%	−0.00
SPIP SS SPDR P Tips ETF	Add +11.1%	0.40%	−0.00
VB Vanguard Most SM-Cap ETF-Usd	Add +1.5%	0.11%	−0.00
IFRA iShares US Infrastructure	Add +3.6%	0.66%	−0.00
V Visa Inc. Class A	Add +2.1%	0.25%	−0.01
HON Honeywell International Inc.	Add +8.3%	0.12%	−0.01
SPYV SS SPDR P S&P 500 Value ETF	Add +0.0%	0.21%	−0.01
VEA Vanguard Ftse Developed ETF	Add +0.8%	0.18%	−0.01
SPAB SS SPDR P Agg Bond ETF	Add +3.4%	0.12%	−0.01
PM Philip Morris International	Add +1.1%	0.11%	−0.02
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Add +9.4%	0.47%	−0.02
T AT&T Inc.	Add +1.1%	0.33%	−0.02
IGRO iShares Intl Div Growth ETF	Add +0.2%	0.30%	−0.02
MCD McDonald's Corp.	Add +3.1%	0.18%	−0.03
KHC The Kraft Heinz Co.	Add +1.7%	0.27%	−0.03
PFE Pfizer Inc.	Add +1.0%	0.25%	−0.04
WBA Walgreens Boots Alliance Inc.	Add +0.1%	0.16%	−0.06
PEP Pepsico Inc.	Add +0.4%	0.71%	−0.06
VTEB Vanguard Tax-Exempt Bond ETF	Add +1.1%	0.66%	−0.08

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	191	$513.1M	SPYM, IVW, CORO, DYNF, IVE
Q1 2026	186	$437.9M	SPYM, IVW, DYNF, CORO, IVE
Q4 2025	170	$410.3M	SPYM, IVW, DYNF, OEF, IVE
Q3 2025	175	$386.3M	SPYM, IVW, DYNF, OEF, QUAL
Q2 2025	172	$345.0M	SPYM, IVW, QUAL, DYNF, OEF
Q1 2025	161	$318.4M	SPYM, IVW, QUAL, DYNF, OEF
Q4 2024	150	$303.6M	SPYM, IVW, QUAL, DYNF, OEF
Q3 2024	155	$300.8M	SPYM, IVW, QUAL, DYNF, RSPT
Q2 2024	150	$291.7M	SPYM, IVW, QUAL, DYNF, RSPT
Q1 2024	147	$280.6M	SPYM, QUAL, IVW, IVE, DYNF