Axiom Financial Strategies, LLC

2. Key Holdings

The portfolio is dominated by large-cap, liquid ETFs that provide beta exposure to the US equity market.

• iShares Core S&P 500 ETF (IVV): This is the largest holding, comprising 18.40% of the portfolio ($43.73M). As a new position, it serves as the primary core anchor, offering broad exposure to the 500 largest U.S. companies.
• Invesco S&P 500 Equal Weight ETF (RSP): The second-largest position at 16.28% ($38.69M). This is a notable divergence from standard market-cap weighting. By holding the S&P 500 constituents equally, Axiom reduces concentration risk among the mega-cap tech giants (like Apple and Microsoft) compared to IVV.
• Invesco Exchange Traded Fund Trust II: The third position, accounting for 14.17% ($33.67M). While the specific ETF class isn't named in the ticker, the large allocation and share count (636K) suggest another broad index or factor-based strategy, likely complementing the top two holdings.
• Vanguard ETFs: The firm utilizes a suite of Vanguard funds for specific factor and sector tilts. Notably, VOT (Mid-Cap Growth, 5.91%) and VO (Mid-Cap, 4.79%) indicate a strategic overweight to mid-capitalization companies, which sit between the large-cap safety of the S&P 500 and the volatility of small-caps.