EQAL vs. FBUF ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Fidelity Dynamic Buffered Equity ETF (FBUF)

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$51.50

Average Daily Volume

21,601

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.51

Average Daily Volume

4,691

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	FBUF
30 Days	3.94%	1.93%
60 Days	5.97%	4.39%
90 Days	7.66%	5.67%
12 Months	27.37%

149 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in FBUF	Overlap
AAPL	C	0.06%	7.34%	0.06%
ABBV	F	0.07%	0.91%	0.07%
ABT	B	0.08%	0.63%	0.08%
ADBE	C	0.06%	0.94%	0.06%
ADP	A	0.05%	0.26%	0.05%
ALLE	C	0.05%	0.38%	0.05%
AMAT	F	0.06%	0.67%	0.06%
AME	A	0.05%	0.09%	0.05%
AMGN	F	0.07%	0.25%	0.07%
AMT	C	0.11%	0.21%	0.11%
AMZN	C	0.05%	3.84%	0.05%
ANET	C	0.54%	0.06%	0.06%
AON	A	0.07%	0.12%	0.07%
AVGO	D	0.06%	1.62%	0.06%
AXP	A	0.05%	0.43%	0.05%
BAC	A	0.07%	1.18%	0.07%
BBWI	C	0.06%	0.16%	0.06%
BDX	F	0.08%	0.58%	0.08%
BIIB	F	0.07%	0.21%	0.07%
BK	A	0.07%	0.12%	0.07%
BMY	B	0.1%	0.74%	0.1%
BRK.A	B	0.07%	2.2%	0.07%
C	A	0.07%	0.72%	0.07%
CACI	D	0.07%	0.17%	0.07%
CAH	B	0.09%	0.31%	0.09%
CAT	B	0.05%	0.53%	0.05%
CI	D	0.07%	0.63%	0.07%
CINF	A	0.07%	0.07%	0.07%
CL	D	0.14%	0.55%	0.14%
CLX	A	0.16%	0.14%	0.14%
CMCSA	B	0.56%	0.84%	0.56%
CME	B	0.07%	0.44%	0.07%
CMG	B	0.05%	0.47%	0.05%
COST	A	0.05%	0.3%	0.05%
CRM	B	0.08%	1.16%	0.08%
CRUS	D	0.05%	0.07%	0.05%
CSCO	B	0.58%	0.8%	0.58%
CSX	C	0.05%	0.49%	0.05%
CTAS	B	0.05%	0.65%	0.05%
CVNA	B	0.09%	0.52%	0.09%
CVS	D	0.15%	0.23%	0.15%
CVX	A	0.23%	0.02%	0.02%
DASH	B	0.08%	0.11%	0.08%
DBX	B	0.07%	0.52%	0.07%
DIS	B	0.06%	0.65%	0.06%
DOCU	B	0.09%	0.09%	0.09%
DVN	F	0.19%	0.52%	0.19%
ECL	D	0.23%	0.63%	0.23%
ED	C	0.18%	0.1%	0.1%
EOG	A	0.23%	0.48%	0.23%
EXEL	B	0.11%	0.43%	0.11%
F	C	0.05%	0.33%	0.05%
FTNT	C	0.08%	0.2%	0.08%
GAP	C	0.05%	0.21%	0.05%
GE	D	0.05%	0.48%	0.05%
GEN	B	0.07%	0.13%	0.07%
GILD	C	0.09%	0.74%	0.09%
GL	C	0.07%	0.13%	0.07%
GOOGL	C	0.07%	2.04%	0.07%
GRMN	B	0.06%	0.44%	0.06%
HD	B	0.06%	1.32%	0.06%
HWM	A	0.05%	0.38%	0.05%
IDXX	F	0.07%	0.15%	0.07%
INCY	C	0.1%	0.34%	0.1%
INTU	B	0.07%	0.12%	0.07%
ITW	B	0.05%	0.14%	0.05%
JNJ	C	0.07%	0.73%	0.07%
JPM	A	0.07%	1.93%	0.07%
KLAC	F	0.05%	0.61%	0.05%
KR	B	0.17%	0.12%	0.12%
LDOS	C	0.07%	0.31%	0.07%
LHX	C	0.05%	0.21%	0.05%
LLY	F	0.07%	0.76%	0.07%
LMT	D	0.04%	0.71%	0.04%
LNW	F	0.05%	0.16%	0.05%
LPLA	A	0.09%	0.11%	0.09%
LRCX	F	0.06%	0.24%	0.06%
LYFT	C	0.08%	0.08%	0.08%
MA	B	0.05%	1.36%	0.05%
MEDP	D	0.08%	0.28%	0.08%
META	D	0.07%	2.89%	0.07%
MGM	D	0.05%	0.23%	0.05%
MMC	B	0.06%	0.53%	0.06%
MMM	D	0.05%	0.19%	0.05%
MRK	D	0.07%	0.96%	0.07%
MSCI	C	0.07%	0.26%	0.07%
MSFT	D	0.06%	5.66%	0.06%
MSI	B	0.56%	0.43%	0.43%
MU	D	0.07%	0.5%	0.07%
NBIX	C	0.08%	0.06%	0.06%
NEE	C	0.18%	0.82%	0.18%
NFLX	A	0.06%	1.28%	0.06%
NOC	D	0.04%	0.6%	0.04%
NOW	A	0.07%	0.5%	0.07%
NRG	B	0.23%	0.09%	0.09%
NSC	B	0.05%	0.11%	0.05%
NUE	C	0.25%	0.36%	0.25%
NVDA	B	0.08%	7.37%	0.08%
ORCL	A	0.07%	0.04%	0.04%
OXY	D	0.2%	0.15%	0.15%
PCAR	B	0.05%	0.37%	0.05%
PEGA	B	0.08%	0.02%	0.02%
PEP	F	0.15%	0.19%	0.15%
PFE	F	0.07%	0.41%	0.07%
PG	C	0.15%	0.8%	0.15%
PGR	A	0.06%	0.67%	0.06%
PLTK	B	0.06%	0.07%	0.06%
PM	B	0.16%	0.94%	0.16%
PPG	F	0.05%	0.34%	0.05%
PSA	C	0.13%	0.17%	0.13%
PYPL	B	0.06%	0.72%	0.06%
QCOM	F	0.06%	0.85%	0.06%
QRVO	F	0.04%	0.06%	0.04%
RSG	A	0.2%	0.23%	0.2%
RTX	D	0.05%	0.28%	0.05%
SCHW	B	0.08%	0.79%	0.08%
SEIC	B	0.07%	0.54%	0.07%
SPG	A	0.15%	0.44%	0.15%
SPGI	C	0.06%	0.21%	0.06%
SQ	A	0.06%	0.6%	0.06%
SSNC	B	0.06%	0.18%	0.06%
SYK	B	0.08%	0.24%	0.08%
T	A	0.51%	0.71%	0.51%
TDC	D	0.06%	0.35%	0.06%
TJX	A	0.05%	0.72%	0.05%
TMO	F	0.07%	0.38%	0.07%
TMUS	B	0.59%	0.28%	0.28%
TNL	A	0.06%	0.04%	0.04%
TOL	B	0.05%	0.02%	0.02%
TROW	B	0.07%	0.28%	0.07%
TRV	B	0.07%	0.26%	0.07%
TSLA	B	0.07%	1.27%	0.07%
TT	A	0.05%	0.68%	0.05%
TWLO	A	0.11%	0.09%	0.09%
TXT	D	0.04%	0.5%	0.04%
UBER	F	0.05%	0.24%	0.05%
UNH	B	0.08%	0.57%	0.08%
UNM	A	0.08%	0.1%	0.08%
UNP	C	0.04%	0.75%	0.04%
UTHR	C	0.09%	0.04%	0.04%
V	A	0.05%	0.65%	0.05%
VEEV	C	0.08%	0.04%	0.04%
VST	A	0.34%	0.14%	0.14%
WFC	A	0.09%	0.28%	0.09%
WM	B	0.21%	0.41%	0.21%
WMT	A	0.05%	0.82%	0.05%
XOM	B	0.21%	1.56%	0.21%
ZBRA	B	0.06%	0.52%	0.06%
ZM	C	0.08%	0.53%	0.08%

EQAL Overweight 819 Positions Relative to FBUF

Symbol	Grade	Weight
UI	B	0.85%
LITE	B	0.78%
LBRDK	C	0.74%
CIEN	C	0.64%
CHTR	C	0.58%
IRDM	D	0.57%
JNPR	D	0.5%
ROKU	D	0.5%
FYBR	C	0.49%
VZ	C	0.46%
TPL	A	0.34%
MP	C	0.32%
AA	A	0.31%
STLD	B	0.29%
FAST	B	0.28%
IP	A	0.28%
CC	C	0.27%
APD	A	0.27%
RS	B	0.27%
ALB	B	0.27%
BKR	A	0.26%
EQT	B	0.26%
KMI	A	0.26%
TRGP	A	0.26%
RBC	A	0.26%
DTM	A	0.26%
CF	A	0.26%
ESI	B	0.26%
SMG	C	0.26%
MOS	F	0.25%
X	B	0.25%
OKE	A	0.24%
OLN	F	0.24%
CLF	F	0.24%
EMN	C	0.24%
SCCO	F	0.24%
WMB	A	0.24%
FCX	F	0.24%
AR	B	0.23%
PR	B	0.23%
OVV	B	0.23%
RRC	B	0.23%
HXL	F	0.23%
LIN	C	0.23%
NEU	D	0.23%
RGLD	C	0.23%
CEG	C	0.23%
MTDR	B	0.23%
LNG	A	0.23%
ETR	B	0.23%
FTI	A	0.23%
SLB	C	0.22%
AVY	F	0.22%
ASH	F	0.22%
COP	C	0.22%
WLK	D	0.22%
SRE	A	0.22%
MRO	B	0.22%
CTRA	B	0.22%
IDA	A	0.22%
TKR	D	0.22%
HES	B	0.22%
EVRG	A	0.21%
VLO	C	0.21%
PEG	A	0.21%
OGE	A	0.21%
LYB	F	0.21%
CLH	C	0.21%
HUN	F	0.21%
PCG	A	0.21%
FANG	C	0.21%
FMC	D	0.21%
ATO	A	0.21%
NI	A	0.21%
HAL	C	0.21%
AEE	A	0.21%
XEL	A	0.21%
CNP	A	0.21%
BRBR	A	0.2%
WTRG	B	0.2%
AGR	A	0.2%
LW	C	0.2%
LNT	A	0.2%
WEC	A	0.2%
NOV	C	0.2%
PNW	A	0.2%
NFG	A	0.2%
PSX	C	0.2%
AM	A	0.2%
IFF	D	0.2%
PPL	A	0.2%
TAP	C	0.19%
DAR	C	0.19%
SAM	C	0.19%
MCK	A	0.19%
APA	D	0.19%
DUK	C	0.19%
EXC	C	0.19%
DTE	C	0.19%
DINO	D	0.19%
CWEN	C	0.19%
EIX	B	0.19%
PPC	C	0.19%
CMS	C	0.19%
MPC	D	0.19%
SO	C	0.19%
UGI	C	0.19%
D	C	0.19%
CIVI	D	0.19%
CHRD	D	0.19%
USFD	A	0.18%
AWK	C	0.18%
MNST	C	0.18%
Z	A	0.18%
AEP	C	0.18%
ES	C	0.18%
NEM	D	0.18%
WFRD	D	0.18%
FE	C	0.18%
PFGC	B	0.18%
MO	A	0.17%
NFE	D	0.17%
FRPT	A	0.17%
INGR	C	0.17%
GO	C	0.17%
WBA	F	0.16%
ACI	C	0.16%
K	A	0.16%
VNO	C	0.16%
KVUE	A	0.16%
COR	B	0.16%
TSN	B	0.16%
FSLR	F	0.16%
SPB	C	0.16%
CHD	A	0.16%
CTVA	C	0.16%
APP	B	0.16%
CASY	A	0.16%
KMB	C	0.15%
CE	F	0.15%
SEG	B	0.15%
KHC	F	0.15%
PK	C	0.15%
POST	C	0.15%
HRL	D	0.15%
HHH	B	0.15%
FLO	D	0.15%
COKE	C	0.15%
SJM	D	0.15%
STZ	D	0.15%
DLR	B	0.15%
AES	F	0.15%
MSTR	B	0.15%
KRC	B	0.15%
CBRE	B	0.15%
SYY	D	0.15%
REG	A	0.14%
CAG	F	0.14%
ADC	A	0.14%
LAMR	C	0.14%
SEB	F	0.14%
REYN	D	0.14%
KO	D	0.14%
BXP	C	0.14%
ADM	D	0.14%
MDLZ	F	0.14%
HST	C	0.14%
GIS	D	0.14%
CPB	D	0.14%
EQIX	A	0.14%
MKC	C	0.14%
KDP	F	0.14%
HSY	F	0.14%
WELL	A	0.14%
BRX	A	0.14%
KIM	A	0.14%
JLL	D	0.14%
BG	D	0.14%
CUZ	B	0.14%
STAG	D	0.13%
EXR	C	0.13%
AMH	C	0.13%
EGP	D	0.13%
INVH	D	0.13%
EPR	C	0.13%
VICI	C	0.13%
GLPI	C	0.13%
CELH	F	0.13%
FR	D	0.13%
RYN	D	0.13%
EQR	C	0.13%
DOC	C	0.13%
ELS	C	0.13%
MAA	B	0.13%
UDR	B	0.13%
CSGP	D	0.13%
IRM	C	0.13%
FRT	B	0.13%
ESS	B	0.13%
VTR	B	0.13%
CPT	B	0.13%
OHI	C	0.13%
WY	F	0.13%
HIW	C	0.13%
AVB	B	0.13%
REXR	F	0.12%
SUI	C	0.12%
CCI	C	0.12%
NNN	C	0.12%
ENPH	F	0.12%
PLD	F	0.12%
WPC	C	0.12%
NSA	C	0.12%
ARE	F	0.12%
CUBE	C	0.12%
O	C	0.12%
SBAC	D	0.12%
COIN	C	0.11%
DOCS	C	0.11%
SOFI	B	0.11%
MASI	B	0.11%
NTRA	A	0.1%
DJT	C	0.1%
COLD	D	0.1%
PLTR	B	0.1%
MPW	F	0.1%
VTRS	A	0.09%
VRT	B	0.09%
EWBC	A	0.09%
NCNO	C	0.09%
WBS	A	0.09%
FIVN	C	0.09%
BSX	A	0.09%
DXCM	C	0.09%
BIO	C	0.09%
ISRG	A	0.09%
HUBS	A	0.09%
IBKR	A	0.09%
LH	B	0.09%
MS	A	0.09%
NVST	B	0.09%
ILMN	C	0.09%
CFLT	B	0.09%
PODD	C	0.09%
APO	B	0.09%
WST	C	0.09%
UAL	A	0.09%
EHC	B	0.09%
GMED	A	0.09%
TOST	B	0.09%
TEAM	A	0.09%
JAZZ	B	0.09%
PEN	B	0.09%
WAT	C	0.09%
PINC	B	0.09%
ITCI	C	0.09%
HOOD	B	0.09%
RCL	A	0.08%
TPG	A	0.08%
AGO	B	0.08%
GS	A	0.08%
NCLH	B	0.08%
S	B	0.08%
KD	B	0.08%
HSIC	C	0.08%
NTRS	A	0.08%
MDT	D	0.08%
QGEN	D	0.08%
OMF	A	0.08%
JBL	C	0.08%
HBAN	A	0.08%
CMA	B	0.08%
BX	A	0.08%
ROIV	C	0.08%
ZS	B	0.08%
HOLX	D	0.08%
PCOR	B	0.08%
MTSI	B	0.08%
RVTY	F	0.08%
BHF	C	0.08%
ALGN	D	0.08%
EW	C	0.08%
CAR	C	0.08%
RNG	C	0.08%
HPE	B	0.08%
ELAN	D	0.08%
VRTX	D	0.08%
DVA	C	0.08%
FTRE	D	0.08%
BILL	A	0.08%
CERT	F	0.08%
GDDY	A	0.08%
ALNY	D	0.08%
EPAM	B	0.08%
SNV	C	0.08%
SOLV	D	0.08%
EVR	B	0.08%
JEF	A	0.08%
TECH	F	0.08%
GEHC	D	0.08%
INTC	C	0.08%
JHG	B	0.08%
MTB	A	0.08%
PRGO	C	0.08%
CHE	D	0.08%
RGEN	D	0.08%
DFS	B	0.08%
DAY	B	0.08%
KKR	A	0.08%
RCM	A	0.08%
DGX	A	0.08%
CRL	D	0.08%
FHN	A	0.08%
CG	B	0.08%
CTLT	C	0.08%
COLB	B	0.08%
OWL	A	0.08%
THC	D	0.08%
CRWD	B	0.08%
WTFC	A	0.08%
COHR	B	0.08%
PAYC	B	0.08%
ZBH	C	0.08%
AMP	A	0.08%
PNFP	B	0.08%
CFR	B	0.08%
SF	B	0.08%
RJF	A	0.08%
ENOV	C	0.08%
ZION	B	0.08%
VRSN	C	0.07%
WRB	A	0.07%
AJG	A	0.07%
RARE	F	0.07%
VOYA	B	0.07%
GFS	C	0.07%
HIG	B	0.07%
WDAY	B	0.07%
VAC	C	0.07%
NDAQ	A	0.07%
AIG	B	0.07%
DDS	B	0.07%
NWL	C	0.07%
ORI	A	0.07%
BR	A	0.07%
SRPT	F	0.07%
BRKR	D	0.07%
DNB	B	0.07%
BKNG	A	0.07%
FOXA	A	0.07%
HPQ	B	0.07%
INSP	D	0.07%
SMAR	B	0.07%
BEN	C	0.07%
IQV	F	0.07%
ANSS	B	0.07%
VKTX	F	0.07%
LYV	A	0.07%
TPR	B	0.07%
WBD	B	0.07%
ALLY	C	0.07%
TFSL	A	0.07%
GME	C	0.07%
MET	A	0.07%
UAA	C	0.07%
CRBG	B	0.07%
WTM	A	0.07%
TFC	A	0.07%
THG	A	0.07%
GEV	B	0.07%
AAL	B	0.07%
CDNS	B	0.07%
RYAN	A	0.07%
SNPS	B	0.07%
GLW	B	0.07%
MOH	F	0.07%
UHS	D	0.07%
CTSH	B	0.07%
GTLB	B	0.07%
BRO	B	0.07%
IT	C	0.07%
HUM	C	0.07%
AIZ	A	0.07%
VIRT	A	0.07%
IVZ	B	0.07%
MORN	B	0.07%
AXS	A	0.07%
PRU	A	0.07%
APH	A	0.07%
BOKF	B	0.07%
SNOW	B	0.07%
DV	C	0.07%
HCA	F	0.07%
ALK	B	0.07%
STT	B	0.07%
BROS	A	0.07%
KMPR	A	0.07%
GWRE	A	0.07%
EXPE	B	0.07%
PTC	B	0.07%
AMG	B	0.07%
FITB	B	0.07%
PB	B	0.07%
IPGP	D	0.07%
GLOB	B	0.07%
AXON	A	0.07%
WTW	B	0.07%
FDS	B	0.07%
STE	D	0.07%
LSCC	D	0.07%
TW	A	0.07%
NTNX	B	0.07%
DUOL	A	0.07%
MKL	A	0.07%
OZK	B	0.07%
SLM	A	0.07%
FFIV	B	0.07%
WAL	B	0.07%
PNC	B	0.07%
MRVL	B	0.07%
RLI	A	0.07%
FCNCA	A	0.07%
AZTA	D	0.07%
CFG	B	0.07%
SHC	F	0.07%
PRI	B	0.07%
CBSH	B	0.07%
RPRX	D	0.07%
ZTS	D	0.07%
LAD	A	0.07%
DHR	F	0.07%
BLK	B	0.07%
NET	B	0.07%
KEY	B	0.07%
ADSK	A	0.07%
DELL	B	0.07%
DDOG	A	0.07%
RMD	C	0.07%
CCL	A	0.07%
LNC	C	0.07%
SPOT	B	0.07%
ARES	A	0.07%
RF	A	0.07%
ESTC	C	0.07%
PANW	B	0.07%
FHB	B	0.07%
A	D	0.07%
FNB	A	0.07%
DAL	B	0.07%
IONS	F	0.07%
AMED	F	0.07%
EQH	C	0.07%
PYCR	B	0.07%
HLI	A	0.07%
USB	A	0.07%
TPX	B	0.06%
EME	A	0.06%
LPX	B	0.06%
ARMK	B	0.06%
TRIP	F	0.06%
CMI	A	0.06%
CW	C	0.06%
LUV	C	0.06%
FICO	B	0.06%
AMD	F	0.06%
PVH	C	0.06%
ESAB	C	0.06%
SCI	B	0.06%
OMC	C	0.06%
AGNC	C	0.06%
SNA	A	0.06%
PWR	A	0.06%
SAIC	F	0.06%
RBA	A	0.06%
ACGL	C	0.06%
ARW	D	0.06%
ENTG	D	0.06%
ALGM	D	0.06%
H	B	0.06%
AWI	A	0.06%
EMR	B	0.06%
LOW	C	0.06%
ELV	F	0.06%
MSGS	A	0.06%
AKAM	D	0.06%
AYI	B	0.06%
AFRM	A	0.06%
ON	D	0.06%
RHI	C	0.06%
WOLF	F	0.06%
EA	A	0.06%
GNRC	C	0.06%
XRAY	F	0.06%
PENN	C	0.06%
PAG	B	0.06%
SAIA	B	0.06%
FIX	A	0.06%
CBOE	C	0.06%
ABNB	C	0.06%
CPNG	D	0.06%
THO	B	0.06%
ADI	D	0.06%
R	B	0.06%
IAC	F	0.06%
DECK	A	0.06%
RBLX	C	0.06%
HCP	B	0.06%
STWD	C	0.06%
BWXT	B	0.06%
CPRT	B	0.06%
KBR	F	0.06%
NWSA	A	0.06%
ICE	C	0.06%
FOUR	A	0.06%
VFC	C	0.06%
OGN	F	0.06%
EXAS	D	0.06%
LOPE	C	0.06%
BSY	F	0.06%
RNR	C	0.06%
FLS	B	0.06%
INFA	D	0.06%
IBM	C	0.06%
WCC	B	0.06%
MDB	B	0.06%
APLS	F	0.06%
XPO	B	0.06%
U	C	0.06%
WDC	D	0.06%
PINS	F	0.06%
BPOP	C	0.06%
EG	C	0.06%
RL	C	0.06%
FAF	A	0.06%
HLT	A	0.06%
MTG	C	0.06%
WHR	B	0.06%
ALSN	B	0.06%
SYF	B	0.06%
BYD	B	0.06%
NTAP	C	0.06%
MCO	B	0.06%
TXN	C	0.06%
WYNN	C	0.06%
MAR	A	0.06%
CNC	D	0.06%
TFX	F	0.06%
AFL	B	0.06%
TXRH	B	0.06%
LVS	B	0.06%
TTD	B	0.06%
CHH	A	0.06%
TTWO	A	0.06%
COF	C	0.06%
CB	C	0.06%
PSTG	D	0.06%
ZI	D	0.06%
FNF	B	0.06%
AVTR	F	0.06%
L	A	0.06%
APPF	B	0.06%
GM	C	0.06%
CNA	C	0.06%
MKTX	D	0.06%
SNX	D	0.06%
PLNT	A	0.06%
DXC	B	0.06%
KNSL	B	0.06%
PFG	D	0.06%
BAX	F	0.06%
RH	C	0.06%
OKTA	C	0.06%
DOX	D	0.06%
WH	B	0.06%
DLB	B	0.06%
BMRN	F	0.06%
PSN	D	0.06%
TYL	B	0.06%
AAON	B	0.06%
NU	C	0.06%
LULU	C	0.06%
CACC	D	0.06%
ROP	B	0.06%
PATH	C	0.06%
RGA	A	0.06%
PCTY	C	0.06%
ALL	A	0.06%
MANH	D	0.06%
AVT	C	0.06%
AFG	A	0.06%
DT	D	0.06%
MSA	F	0.05%
CCK	D	0.05%
MRNA	F	0.05%
MAS	D	0.05%
J	D	0.05%
WEX	D	0.05%
VRSK	A	0.05%
SSD	F	0.05%
TRU	D	0.05%
OLLI	D	0.05%
LFUS	D	0.05%
MIDD	C	0.05%
MSM	C	0.05%
BLDR	D	0.05%
BERY	C	0.05%
UPS	C	0.05%
WWD	C	0.05%
AGCO	D	0.05%
ROST	D	0.05%
LEA	F	0.05%
BC	C	0.05%
EXPD	C	0.05%
SHW	B	0.05%
DG	F	0.05%
DOV	A	0.05%
SKX	D	0.05%
MKSI	C	0.05%
NDSN	B	0.05%
CNM	D	0.05%
FND	D	0.05%
LEN	D	0.05%
HOG	D	0.05%
EEFT	B	0.05%
CGNX	D	0.05%
TSCO	D	0.05%
HRB	D	0.05%
GPC	D	0.05%
DKS	D	0.05%
BBY	D	0.05%
GPN	B	0.05%
MTN	C	0.05%
GGG	B	0.05%
APG	B	0.05%
LEG	F	0.05%
IPG	D	0.05%
FIVE	F	0.05%
SEE	C	0.05%
KEYS	A	0.05%
LII	A	0.05%
KSS	F	0.05%
PHM	D	0.05%
WSM	C	0.05%
BIRK	D	0.05%
NKE	F	0.05%
ROL	B	0.05%
DLTR	F	0.05%
YUM	D	0.05%
FIS	C	0.05%
CHDN	B	0.05%
FDX	B	0.05%
LKQ	F	0.05%
AZEK	A	0.05%
TXG	F	0.05%
BURL	B	0.05%
TREX	C	0.05%
PAYX	B	0.05%
AN	C	0.05%
ITT	A	0.05%
COLM	C	0.05%
CNH	C	0.05%
EBAY	D	0.05%
ETSY	D	0.05%
OTIS	C	0.05%
NVR	D	0.05%
HAS	D	0.05%
CDW	F	0.05%
KNX	C	0.05%
ACN	B	0.05%
HUBB	B	0.05%
SN	D	0.05%
AXTA	B	0.05%
TER	F	0.05%
SBUX	A	0.05%
SNDR	B	0.05%
JBHT	C	0.05%
UHAL	D	0.05%
SW	A	0.05%
ATR	B	0.05%
AZO	C	0.05%
SWKS	F	0.05%
HAYW	B	0.05%
ADTN	A	0.05%
MLM	C	0.05%
ACM	B	0.05%
OLED	F	0.05%
NXST	C	0.05%
NVT	B	0.05%
TGT	F	0.05%
AL	B	0.05%
POOL	C	0.05%
MCD	D	0.05%
YETI	D	0.05%
EXP	B	0.05%
ROK	C	0.05%
WAB	B	0.05%
CR	A	0.05%
SLGN	A	0.05%
ONTO	F	0.05%
DCI	B	0.05%
CSL	C	0.05%
HEI	A	0.05%
NYT	D	0.05%
RPM	A	0.05%
RRX	B	0.05%
JWN	D	0.05%
SITE	F	0.05%
PNR	A	0.05%
MCHP	F	0.05%
WSO	A	0.05%
TDY	B	0.05%
G	B	0.05%
DRI	B	0.05%
AAP	D	0.05%
LECO	C	0.05%
HON	C	0.05%
KMX	B	0.05%
KEX	B	0.05%
MUSA	B	0.05%
IR	B	0.05%
AMKR	D	0.05%
REGN	F	0.05%
JCI	B	0.05%
PH	A	0.05%
GNTX	C	0.05%
VMI	B	0.05%
GXO	B	0.05%
MAT	D	0.05%
MTZ	B	0.05%
SIRI	C	0.05%
M	F	0.05%
ETN	A	0.05%
VMC	B	0.05%
URI	C	0.05%
OSK	C	0.05%
TKO	A	0.05%
DKNG	B	0.05%
VNT	C	0.05%
TRMB	B	0.05%
CZR	F	0.05%
PKG	A	0.05%
XP	F	0.05%
VVV	D	0.05%
ULTA	F	0.05%
WEN	D	0.05%
OC	A	0.05%
CHRW	B	0.05%
MTCH	D	0.05%
FI	A	0.05%
ORLY	B	0.05%
PARA	C	0.05%
ELF	C	0.05%
GTES	A	0.05%
GWW	B	0.05%
CPAY	A	0.05%
DPZ	C	0.05%
ODFL	C	0.05%
BWA	D	0.05%
BJ	A	0.05%
IEX	C	0.05%
WSC	F	0.04%
RIVN	F	0.04%
CNXC	F	0.04%
BA	F	0.04%
BFAM	D	0.04%
EL	F	0.04%
WING	D	0.04%
UWMC	D	0.04%
SWK	D	0.04%
CROX	D	0.04%
EFX	F	0.04%
CRI	F	0.04%
DOW	F	0.04%
MTD	F	0.04%
ACHC	F	0.04%
FCN	F	0.04%
MPWR	F	0.04%
WMS	F	0.04%
SPR	D	0.04%
APTV	F	0.04%
TDG	D	0.04%
GD	D	0.04%
FBIN	D	0.04%
TTEK	F	0.04%
XYL	D	0.04%
PII	F	0.04%
MHK	D	0.04%
QS	F	0.04%
WU	F	0.04%
BAH	F	0.04%
AOS	F	0.04%
VSTS	C	0.04%
CXT	C	0.04%
ST	F	0.04%
COTY	F	0.04%
MAN	F	0.04%
CLVT	D	0.04%
BALL	F	0.04%
VLTO	C	0.04%
W	D	0.04%
DHI	F	0.04%
AMCR	C	0.04%
ATI	C	0.04%
FTV	C	0.04%
DE	B	0.04%
GPK	C	0.04%
SON	F	0.04%
BLD	D	0.04%
JKHY	D	0.04%
DD	C	0.04%
LSTR	D	0.04%
TTC	C	0.04%
RKT	F	0.04%
CARR	C	0.04%
CPRI	F	0.03%
LCID	F	0.03%
MDU	D	0.03%
HII	F	0.03%
SMCI	F	0.02%

EQAL Underweight 6 Positions Relative to FBUF

Symbol	Grade	Weight
GOOG	C	-1.89%
IGT	F	-0.46%
ANF	F	-0.35%
ALRM	C	-0.34%
SKYW	C	-0.31%
TPH	D	-0.18%