EQAL vs. FLQL ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

$51.90

Average Daily Volume

22,597

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$60.07

Average Daily Volume

76,498

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	FLQL
30 Days	6.83%	2.86%
60 Days	7.19%	3.34%
90 Days	10.01%	5.27%
12 Months	29.53%	31.74%

208 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in FLQL	Overlap
AAPL	B	0.06%	7.0%	0.06%
ABBV	D	0.07%	1.33%	0.07%
ACGL	D	0.06%	0.26%	0.06%
ADC	B	0.14%	0.1%	0.1%
ADI	D	0.06%	0.32%	0.06%
AFL	B	0.06%	0.23%	0.06%
ALSN	B	0.06%	0.12%	0.06%
AMAT	F	0.06%	0.96%	0.06%
AMCR	D	0.04%	0.09%	0.04%
AMGN	D	0.07%	1.05%	0.07%
AMZN	C	0.05%	2.92%	0.05%
ANET	C	0.54%	0.77%	0.54%
APA	F	0.19%	0.08%	0.08%
APH	B	0.07%	0.6%	0.07%
APP	B	0.16%	0.42%	0.16%
AVB	B	0.13%	0.1%	0.1%
AVGO	D	0.06%	1.77%	0.06%
AVT	C	0.06%	0.09%	0.06%
AWI	B	0.06%	0.12%	0.06%
AXS	A	0.07%	0.11%	0.07%
AYI	B	0.06%	0.12%	0.06%
BBY	D	0.05%	0.11%	0.05%
BJ	B	0.05%	0.11%	0.05%
BKNG	B	0.07%	1.19%	0.07%
BRK.A	B	0.07%	1.11%	0.07%
BSX	C	0.09%	0.84%	0.09%
C	A	0.07%	0.97%	0.07%
CACI	D	0.07%	0.09%	0.07%
CASY	B	0.16%	0.11%	0.11%
CAT	B	0.05%	1.27%	0.05%
CB	D	0.06%	0.56%	0.06%
CF	B	0.26%	0.11%	0.11%
CFG	B	0.07%	0.13%	0.07%
CHE	D	0.08%	0.09%	0.08%
CHRW	C	0.05%	0.1%	0.05%
CI	D	0.07%	0.56%	0.07%
CIVI	D	0.19%	0.08%	0.08%
CL	D	0.14%	0.52%	0.14%
CLH	B	0.21%	0.1%	0.1%
CMG	B	0.05%	0.57%	0.05%
CMI	A	0.06%	0.26%	0.06%
COKE	C	0.15%	0.08%	0.08%
COST	B	0.05%	1.7%	0.05%
CRI	F	0.04%	0.08%	0.04%
CROX	F	0.04%	0.07%	0.04%
CRUS	F	0.05%	0.07%	0.05%
CSL	B	0.05%	0.15%	0.05%
CTAS	B	0.05%	0.46%	0.05%
CTSH	B	0.07%	0.24%	0.07%
CUZ	B	0.14%	0.1%	0.1%
CW	B	0.06%	0.11%	0.06%
DAL	B	0.07%	0.2%	0.07%
DECK	A	0.06%	0.22%	0.06%
DELL	C	0.07%	0.19%	0.07%
DGX	B	0.08%	0.1%	0.08%
DHI	D	0.04%	0.36%	0.04%
DKS	C	0.05%	0.1%	0.05%
DPZ	C	0.05%	0.11%	0.05%
DTM	B	0.26%	0.12%	0.12%
DVA	B	0.08%	0.1%	0.08%
DVN	F	0.19%	0.08%	0.08%
EBAY	C	0.05%	0.17%	0.05%
EHC	B	0.09%	0.1%	0.09%
ELV	F	0.06%	0.28%	0.06%
EME	B	0.06%	0.12%	0.06%
EMN	D	0.24%	0.1%	0.1%
EPR	D	0.13%	0.09%	0.09%
ESS	B	0.13%	0.11%	0.11%
ETR	B	0.23%	0.16%	0.16%
EVR	B	0.08%	0.12%	0.08%
EXR	C	0.13%	0.11%	0.11%
FANG	F	0.21%	0.2%	0.2%
FAST	B	0.28%	0.33%	0.28%
FICO	B	0.06%	0.17%	0.06%
FIX	A	0.06%	0.12%	0.06%
FOXA	C	0.07%	0.11%	0.07%
G	B	0.05%	0.11%	0.05%
GAP	C	0.05%	0.09%	0.05%
GD	F	0.04%	0.39%	0.04%
GLPI	B	0.13%	0.09%	0.09%
GLW	B	0.07%	0.19%	0.07%
GM	B	0.06%	0.35%	0.06%
GOOGL	C	0.07%	2.04%	0.07%
GPK	C	0.04%	0.09%	0.04%
GRMN	A	0.06%	0.25%	0.06%
GS	B	0.08%	0.6%	0.08%
GWW	A	0.05%	0.38%	0.05%
HCA	F	0.07%	0.49%	0.07%
HIG	B	0.07%	0.19%	0.07%
HIW	D	0.13%	0.09%	0.09%
HLT	A	0.06%	0.33%	0.06%
HPE	B	0.08%	0.21%	0.08%
HPQ	B	0.07%	0.29%	0.07%
HRB	D	0.05%	0.09%	0.05%
HWM	B	0.05%	0.25%	0.05%
IBM	C	0.06%	1.31%	0.06%
INGR	B	0.17%	0.1%	0.1%
IP	B	0.28%	0.13%	0.13%
IRM	C	0.13%	0.18%	0.13%
ISRG	C	0.09%	1.3%	0.09%
JEF	A	0.08%	0.12%	0.08%
JHG	A	0.08%	0.11%	0.08%
JNJ	D	0.07%	1.55%	0.07%
JNPR	F	0.5%	0.09%	0.09%
JPM	B	0.07%	1.23%	0.07%
K	A	0.16%	0.1%	0.1%
KEX	B	0.05%	0.1%	0.05%
KLAC	F	0.05%	0.67%	0.05%
KMB	C	0.15%	0.14%	0.14%
KRC	C	0.15%	0.1%	0.1%
LAMR	C	0.14%	0.1%	0.1%
LDOS	D	0.07%	0.17%	0.07%
LEN	C	0.05%	0.09%	0.05%
LEN	C	0.05%	0.3%	0.05%
LII	A	0.05%	0.15%	0.05%
LLY	F	0.07%	1.31%	0.07%
LMT	D	0.04%	0.4%	0.04%
LNC	B	0.07%	0.11%	0.07%
LOPE	B	0.06%	0.11%	0.06%
LRCX	F	0.06%	0.66%	0.06%
LYB	F	0.21%	0.16%	0.16%
M	D	0.05%	0.09%	0.05%
MA	B	0.05%	1.79%	0.05%
MAS	C	0.05%	0.12%	0.05%
MCHP	F	0.05%	0.23%	0.05%
MCO	A	0.06%	0.56%	0.06%
MDU	F	0.03%	0.07%	0.03%
MEDP	F	0.08%	0.08%	0.08%
META	D	0.07%	2.48%	0.07%
MO	A	0.17%	0.85%	0.17%
MPWR	F	0.04%	0.09%	0.04%
MRK	F	0.07%	1.21%	0.07%
MSFT	D	0.06%	5.96%	0.06%
MSI	C	0.56%	0.58%	0.56%
MTG	B	0.06%	0.09%	0.06%
MUSA	B	0.05%	0.11%	0.05%
NEU	C	0.23%	0.09%	0.09%
NFG	B	0.2%	0.1%	0.1%
NNN	D	0.12%	0.09%	0.09%
NRG	C	0.23%	0.12%	0.12%
NTAP	C	0.06%	0.21%	0.06%
NVDA	C	0.08%	6.71%	0.08%
NVR	D	0.05%	0.19%	0.05%
O	D	0.12%	0.15%	0.12%
OC	B	0.05%	0.13%	0.05%
OGN	F	0.06%	0.07%	0.06%
OHI	D	0.13%	0.1%	0.1%
OMC	C	0.06%	0.09%	0.06%
ORCL	C	0.07%	0.88%	0.07%
PCAR	B	0.05%	0.44%	0.05%
PEG	A	0.21%	0.22%	0.21%
PH	A	0.05%	0.52%	0.05%
PHM	C	0.05%	0.22%	0.05%
PK	B	0.15%	0.09%	0.09%
PKG	B	0.05%	0.15%	0.05%
PM	B	0.16%	0.71%	0.16%
PPC	C	0.19%	0.11%	0.11%
PSA	C	0.13%	0.38%	0.13%
QCOM	F	0.06%	1.22%	0.06%
R	B	0.06%	0.11%	0.06%
RCL	B	0.08%	0.17%	0.08%
REGN	F	0.05%	0.59%	0.05%
RGA	A	0.06%	0.11%	0.06%
RGLD	D	0.23%	0.1%	0.1%
RL	B	0.06%	0.12%	0.06%
RMD	C	0.07%	0.13%	0.07%
ROL	B	0.05%	0.1%	0.05%
RSG	A	0.2%	0.31%	0.2%
RTX	D	0.05%	0.5%	0.05%
SCCO	F	0.24%	0.1%	0.1%
SNX	C	0.06%	0.09%	0.06%
SO	D	0.19%	0.29%	0.19%
SPG	C	0.15%	0.46%	0.15%
SPOT	B	0.07%	0.22%	0.07%
SSNC	A	0.06%	0.09%	0.06%
STLD	B	0.29%	0.16%	0.16%
SWKS	F	0.05%	0.09%	0.05%
SYF	A	0.06%	0.21%	0.06%
SYK	C	0.08%	0.94%	0.08%
T	A	0.51%	1.07%	0.51%
TER	F	0.05%	0.08%	0.05%
THC	D	0.08%	0.11%	0.08%
TJX	A	0.05%	0.95%	0.05%
TMUS	A	0.59%	0.59%	0.59%
TNL	A	0.06%	0.12%	0.06%
TOL	A	0.05%	0.13%	0.05%
TPL	B	0.34%	0.16%	0.16%
TSCO	C	0.05%	0.15%	0.05%
TSLA	B	0.07%	1.13%	0.07%
TT	B	0.05%	0.65%	0.05%
TXN	D	0.06%	1.24%	0.06%
TXRH	A	0.06%	0.11%	0.06%
UGI	A	0.19%	0.1%	0.1%
UHS	D	0.07%	0.1%	0.07%
UNH	B	0.08%	0.52%	0.08%
URI	B	0.05%	0.38%	0.05%
UTHR	C	0.09%	0.12%	0.09%
VICI	C	0.13%	0.1%	0.1%
VRTX	D	0.08%	0.92%	0.08%
VZ	B	0.46%	1.24%	0.46%
WAB	B	0.05%	0.17%	0.05%
WING	F	0.04%	0.08%	0.04%
WM	A	0.21%	0.67%	0.21%
WMT	B	0.05%	1.68%	0.05%
WSM	B	0.05%	0.15%	0.05%
WSO	A	0.05%	0.13%	0.05%
WU	D	0.04%	0.09%	0.04%
XOM	C	0.21%	0.63%	0.21%

EQAL Overweight 761 Positions Relative to FLQL

Symbol	Grade	Weight
UI	A	0.85%
LITE	B	0.78%
LBRDK	C	0.74%
CIEN	B	0.64%
CHTR	C	0.58%
CSCO	A	0.58%
IRDM	C	0.57%
CMCSA	C	0.56%
ROKU	D	0.5%
FYBR	D	0.49%
VST	B	0.34%
MP	A	0.32%
AA	A	0.31%
CC	C	0.27%
APD	A	0.27%
RS	B	0.27%
ALB	C	0.27%
BKR	C	0.26%
EQT	B	0.26%
KMI	B	0.26%
TRGP	B	0.26%
RBC	B	0.26%
ESI	B	0.26%
SMG	C	0.26%
NUE	D	0.25%
MOS	F	0.25%
X	C	0.25%
OKE	C	0.24%
OLN	F	0.24%
CLF	F	0.24%
WMB	B	0.24%
FCX	F	0.24%
EOG	C	0.23%
AR	B	0.23%
PR	C	0.23%
OVV	C	0.23%
RRC	B	0.23%
CVX	B	0.23%
HXL	D	0.23%
LIN	D	0.23%
ECL	D	0.23%
CEG	D	0.23%
MTDR	C	0.23%
LNG	B	0.23%
FTI	A	0.23%
SLB	C	0.22%
AVY	D	0.22%
ASH	F	0.22%
COP	D	0.22%
WLK	D	0.22%
SRE	A	0.22%
MRO	B	0.22%
CTRA	B	0.22%
IDA	B	0.22%
TKR	D	0.22%
HES	C	0.22%
EVRG	A	0.21%
VLO	C	0.21%
OGE	A	0.21%
HUN	F	0.21%
PCG	B	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%
OXY	F	0.2%
BRBR	B	0.2%
WTRG	B	0.2%
AGR	B	0.2%
LW	C	0.2%
LNT	A	0.2%
WEC	A	0.2%
NOV	C	0.2%
PNW	B	0.2%
PSX	C	0.2%
AM	B	0.2%
IFF	D	0.2%
PPL	B	0.2%
TAP	C	0.19%
DAR	C	0.19%
SAM	C	0.19%
MCK	C	0.19%
DUK	C	0.19%
EXC	D	0.19%
DTE	C	0.19%
DINO	F	0.19%
CWEN	C	0.19%
EIX	A	0.19%
CMS	C	0.19%
MPC	F	0.19%
D	C	0.19%
CHRD	F	0.19%
USFD	A	0.18%
AWK	D	0.18%
NEE	D	0.18%
MNST	B	0.18%
Z	B	0.18%
AEP	D	0.18%
ES	D	0.18%
NEM	F	0.18%
ED	D	0.18%
WFRD	F	0.18%
FE	D	0.18%
PFGC	A	0.18%
NFE	D	0.17%
FRPT	B	0.17%
KR	A	0.17%
GO	C	0.17%
WBA	D	0.16%
CLX	C	0.16%
ACI	C	0.16%
VNO	B	0.16%
KVUE	A	0.16%
COR	C	0.16%
TSN	B	0.16%
FSLR	F	0.16%
SPB	C	0.16%
CHD	B	0.16%
CTVA	B	0.16%
CE	F	0.15%
SEG	B	0.15%
KHC	D	0.15%
POST	B	0.15%
PEP	F	0.15%
PG	A	0.15%
HRL	D	0.15%
HHH	B	0.15%
FLO	C	0.15%
CVS	D	0.15%
SJM	D	0.15%
STZ	D	0.15%
DLR	A	0.15%
AES	F	0.15%
MSTR	C	0.15%
CBRE	B	0.15%
SYY	C	0.15%
REG	B	0.14%
CAG	D	0.14%
SEB	F	0.14%
REYN	D	0.14%
KO	D	0.14%
BXP	D	0.14%
ADM	F	0.14%
MDLZ	F	0.14%
HST	C	0.14%
GIS	D	0.14%
CPB	D	0.14%
EQIX	A	0.14%
MKC	D	0.14%
KDP	D	0.14%
HSY	F	0.14%
WELL	C	0.14%
BRX	A	0.14%
KIM	A	0.14%
JLL	B	0.14%
BG	F	0.14%
STAG	D	0.13%
AMH	C	0.13%
EGP	D	0.13%
INVH	D	0.13%
CELH	F	0.13%
FR	C	0.13%
RYN	C	0.13%
EQR	B	0.13%
DOC	C	0.13%
ELS	C	0.13%
MAA	B	0.13%
UDR	B	0.13%
CSGP	C	0.13%
FRT	A	0.13%
VTR	D	0.13%
CPT	B	0.13%
WY	D	0.13%
REXR	F	0.12%
SUI	D	0.12%
CCI	D	0.12%
ENPH	F	0.12%
PLD	D	0.12%
WPC	D	0.12%
NSA	C	0.12%
ARE	D	0.12%
CUBE	D	0.12%
SBAC	D	0.12%
COIN	B	0.11%
TWLO	B	0.11%
EXEL	A	0.11%
DOCS	C	0.11%
SOFI	B	0.11%
AMT	D	0.11%
MASI	A	0.11%
NTRA	B	0.1%
BMY	B	0.1%
INCY	C	0.1%
DJT	C	0.1%
COLD	F	0.1%
PLTR	B	0.1%
MPW	F	0.1%
VTRS	B	0.09%
VRT	B	0.09%
EWBC	B	0.09%
NCNO	B	0.09%
WBS	B	0.09%
FIVN	C	0.09%
DXCM	C	0.09%
BIO	D	0.09%
HUBS	B	0.09%
IBKR	B	0.09%
LH	B	0.09%
WFC	A	0.09%
MS	B	0.09%
CVNA	B	0.09%
CAH	B	0.09%
GILD	B	0.09%
NVST	C	0.09%
ILMN	C	0.09%
DOCU	A	0.09%
CFLT	B	0.09%
PODD	B	0.09%
APO	A	0.09%
WST	C	0.09%
UAL	B	0.09%
GMED	A	0.09%
TOST	B	0.09%
TEAM	B	0.09%
JAZZ	B	0.09%
PEN	C	0.09%
WAT	B	0.09%
LPLA	B	0.09%
PINC	B	0.09%
ITCI	C	0.09%
HOOD	B	0.09%
TPG	B	0.08%
AGO	A	0.08%
NCLH	B	0.08%
S	B	0.08%
KD	B	0.08%
HSIC	B	0.08%
NTRS	A	0.08%
ZM	B	0.08%
MDT	D	0.08%
QGEN	D	0.08%
OMF	A	0.08%
JBL	C	0.08%
HBAN	B	0.08%
CMA	A	0.08%
BX	B	0.08%
ROIV	B	0.08%
ZS	C	0.08%
HOLX	D	0.08%
BDX	F	0.08%
PCOR	B	0.08%
MTSI	B	0.08%
RVTY	D	0.08%
BHF	B	0.08%
ALGN	D	0.08%
EW	C	0.08%
CAR	C	0.08%
RNG	B	0.08%
ELAN	F	0.08%
FTNT	C	0.08%
FTRE	C	0.08%
BILL	A	0.08%
CERT	D	0.08%
GDDY	B	0.08%
ALNY	D	0.08%
EPAM	C	0.08%
SNV	B	0.08%
LYFT	C	0.08%
SOLV	C	0.08%
TECH	C	0.08%
GEHC	F	0.08%
INTC	C	0.08%
MTB	B	0.08%
PRGO	C	0.08%
RGEN	D	0.08%
DFS	B	0.08%
CRM	B	0.08%
DAY	A	0.08%
SCHW	A	0.08%
KKR	B	0.08%
RCM	F	0.08%
NBIX	C	0.08%
CRL	C	0.08%
FHN	B	0.08%
PEGA	A	0.08%
CG	B	0.08%
CTLT	B	0.08%
COLB	B	0.08%
OWL	B	0.08%
ABT	B	0.08%
DASH	A	0.08%
UNM	A	0.08%
CRWD	B	0.08%
WTFC	B	0.08%
COHR	C	0.08%
PAYC	A	0.08%
ZBH	C	0.08%
AMP	B	0.08%
PNFP	B	0.08%
VEEV	B	0.08%
CFR	B	0.08%
SF	B	0.08%
RJF	A	0.08%
ENOV	C	0.08%
ZION	B	0.08%
VRSN	F	0.07%
WRB	A	0.07%
AJG	A	0.07%
RARE	F	0.07%
VOYA	B	0.07%
GFS	C	0.07%
GL	C	0.07%
CME	A	0.07%
WDAY	C	0.07%
BIIB	F	0.07%
VAC	B	0.07%
NDAQ	A	0.07%
AIG	B	0.07%
INTU	C	0.07%
DDS	B	0.07%
NWL	A	0.07%
AON	A	0.07%
ORI	A	0.07%
MSCI	C	0.07%
BR	A	0.07%
SRPT	F	0.07%
BRKR	F	0.07%
DNB	B	0.07%
INSP	D	0.07%
SMAR	A	0.07%
BEN	C	0.07%
IQV	F	0.07%
ANSS	B	0.07%
VKTX	F	0.07%
LYV	A	0.07%
TPR	A	0.07%
WBD	C	0.07%
ALLY	C	0.07%
CINF	A	0.07%
TFSL	B	0.07%
GME	C	0.07%
MET	A	0.07%
UAA	C	0.07%
CRBG	B	0.07%
WTM	A	0.07%
TFC	B	0.07%
THG	C	0.07%
GEV	C	0.07%
AAL	B	0.07%
CDNS	B	0.07%
RYAN	A	0.07%
SNPS	B	0.07%
MOH	F	0.07%
GTLB	C	0.07%
BRO	B	0.07%
BK	A	0.07%
IT	C	0.07%
HUM	C	0.07%
AIZ	B	0.07%
VIRT	B	0.07%
MU	D	0.07%
IVZ	B	0.07%
MORN	A	0.07%
PRU	A	0.07%
DBX	C	0.07%
BOKF	B	0.07%
SNOW	C	0.07%
DV	C	0.07%
ALK	A	0.07%
STT	A	0.07%
BROS	B	0.07%
KMPR	B	0.07%
GWRE	B	0.07%
IDXX	F	0.07%
TROW	A	0.07%
EXPE	B	0.07%
PTC	A	0.07%
AMG	B	0.07%
FITB	B	0.07%
PB	B	0.07%
IPGP	D	0.07%
GLOB	B	0.07%
AXON	B	0.07%
WTW	B	0.07%
PFE	D	0.07%
TRV	B	0.07%
FDS	B	0.07%
STE	F	0.07%
LSCC	D	0.07%
TW	B	0.07%
NTNX	B	0.07%
DUOL	B	0.07%
MKL	A	0.07%
OZK	B	0.07%
SLM	B	0.07%
NOW	B	0.07%
FFIV	A	0.07%
WAL	B	0.07%
PNC	A	0.07%
MRVL	B	0.07%
RLI	A	0.07%
FCNCA	B	0.07%
AZTA	D	0.07%
TMO	F	0.07%
SHC	F	0.07%
PRI	A	0.07%
CBSH	B	0.07%
SEIC	A	0.07%
RPRX	D	0.07%
ZTS	D	0.07%
LAD	B	0.07%
DHR	D	0.07%
BAC	A	0.07%
BLK	C	0.07%
NET	B	0.07%
KEY	A	0.07%
ADSK	B	0.07%
DDOG	A	0.07%
CCL	B	0.07%
GEN	A	0.07%
ARES	B	0.07%
RF	B	0.07%
ESTC	C	0.07%
PANW	C	0.07%
FHB	B	0.07%
A	D	0.07%
FNB	B	0.07%
IONS	F	0.07%
AMED	F	0.07%
EQH	B	0.07%
PYCR	C	0.07%
HLI	A	0.07%
USB	A	0.07%
TPX	A	0.06%
ADBE	C	0.06%
PYPL	A	0.06%
HD	A	0.06%
LPX	B	0.06%
ARMK	A	0.06%
TRIP	F	0.06%
LUV	B	0.06%
AMD	F	0.06%
PVH	C	0.06%
ESAB	B	0.06%
SCI	A	0.06%
SQ	B	0.06%
ZBRA	A	0.06%
AGNC	D	0.06%
SNA	A	0.06%
PWR	A	0.06%
SAIC	F	0.06%
RBA	B	0.06%
ARW	D	0.06%
ENTG	D	0.06%
ALGM	D	0.06%
H	A	0.06%
EMR	A	0.06%
LOW	C	0.06%
MSGS	B	0.06%
AKAM	F	0.06%
AFRM	B	0.06%
ON	C	0.06%
RHI	C	0.06%
WOLF	F	0.06%
EA	C	0.06%
GNRC	B	0.06%
XRAY	F	0.06%
PENN	C	0.06%
PAG	B	0.06%
SAIA	C	0.06%
CBOE	B	0.06%
ABNB	C	0.06%
CPNG	D	0.06%
THO	B	0.06%
BBWI	C	0.06%
IAC	D	0.06%
PLTK	B	0.06%
RBLX	C	0.06%
HCP	B	0.06%
STWD	C	0.06%
BWXT	B	0.06%
CPRT	A	0.06%
NFLX	B	0.06%
KBR	F	0.06%
NWSA	B	0.06%
ICE	D	0.06%
FOUR	B	0.06%
VFC	C	0.06%
EXAS	F	0.06%
BSY	D	0.06%
RNR	C	0.06%
FLS	A	0.06%
SPGI	C	0.06%
INFA	D	0.06%
WCC	B	0.06%
MDB	C	0.06%
MMC	A	0.06%
APLS	D	0.06%
XPO	B	0.06%
U	C	0.06%
WDC	C	0.06%
PINS	F	0.06%
BPOP	B	0.06%
EG	C	0.06%
FAF	B	0.06%
WHR	B	0.06%
BYD	B	0.06%
DIS	B	0.06%
WYNN	D	0.06%
MAR	A	0.06%
CNC	F	0.06%
TFX	F	0.06%
LVS	C	0.06%
TTD	B	0.06%
CHH	A	0.06%
TTWO	B	0.06%
COF	B	0.06%
PSTG	D	0.06%
ZI	C	0.06%
FNF	B	0.06%
AVTR	F	0.06%
L	B	0.06%
APPF	B	0.06%
PGR	A	0.06%
CNA	B	0.06%
MKTX	D	0.06%
PLNT	B	0.06%
DXC	B	0.06%
KNSL	B	0.06%
PFG	C	0.06%
BAX	F	0.06%
RH	B	0.06%
OKTA	C	0.06%
DOX	D	0.06%
WH	A	0.06%
DLB	B	0.06%
BMRN	F	0.06%
PSN	D	0.06%
TYL	A	0.06%
AAON	B	0.06%
NU	D	0.06%
LULU	C	0.06%
CACC	D	0.06%
ROP	B	0.06%
PATH	C	0.06%
PCTY	B	0.06%
ALL	B	0.06%
MANH	C	0.06%
AFG	A	0.06%
TDC	D	0.06%
DT	C	0.06%
MSA	C	0.05%
CCK	D	0.05%
MMM	D	0.05%
MRNA	F	0.05%
LNW	D	0.05%
J	F	0.05%
WEX	F	0.05%
VRSK	A	0.05%
SSD	C	0.05%
TRU	D	0.05%
CSX	B	0.05%
OLLI	C	0.05%
ALLE	D	0.05%
LFUS	D	0.05%
MIDD	B	0.05%
GE	D	0.05%
MSM	C	0.05%
BLDR	C	0.05%
BERY	B	0.05%
UPS	C	0.05%
WWD	B	0.05%
AGCO	D	0.05%
ROST	C	0.05%
PPG	D	0.05%
LEA	F	0.05%
BC	C	0.05%
EXPD	C	0.05%
SHW	A	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%
LHX	C	0.05%
ITW	A	0.05%
FND	C	0.05%
HOG	F	0.05%
V	A	0.05%
EEFT	B	0.05%
CGNX	C	0.05%
GPC	D	0.05%
GPN	C	0.05%
MTN	C	0.05%
GGG	B	0.05%
APG	B	0.05%
LEG	D	0.05%
IPG	C	0.05%
FIVE	D	0.05%
SEE	C	0.05%
KEYS	B	0.05%
KSS	F	0.05%
BIRK	C	0.05%
NKE	F	0.05%
DLTR	D	0.05%
YUM	B	0.05%
FIS	D	0.05%
CHDN	B	0.05%
FDX	B	0.05%
LKQ	D	0.05%
AZEK	B	0.05%
TXG	F	0.05%
BURL	B	0.05%
TREX	C	0.05%
PAYX	B	0.05%
AN	B	0.05%
ITT	A	0.05%
COLM	A	0.05%
CNH	A	0.05%
ETSY	D	0.05%
OTIS	C	0.05%
HAS	D	0.05%
CDW	F	0.05%
KNX	B	0.05%
NSC	A	0.05%
ACN	B	0.05%
HUBB	B	0.05%
SN	D	0.05%
AXTA	A	0.05%
SBUX	B	0.05%
SNDR	B	0.05%
JBHT	C	0.05%
UHAL	D	0.05%
SW	B	0.05%
ATR	B	0.05%
AZO	C	0.05%
HAYW	B	0.05%
ADTN	B	0.05%
MLM	B	0.05%
ACM	A	0.05%
OLED	F	0.05%
NXST	C	0.05%
NVT	B	0.05%
TGT	F	0.05%
AL	A	0.05%
POOL	C	0.05%
MCD	D	0.05%
YETI	C	0.05%
EXP	B	0.05%
ROK	B	0.05%
CR	B	0.05%
SLGN	A	0.05%
ONTO	F	0.05%
DCI	A	0.05%
HEI	B	0.05%
NYT	C	0.05%
RPM	A	0.05%
ADP	B	0.05%
RRX	A	0.05%
JWN	A	0.05%
SITE	C	0.05%
PNR	B	0.05%
TDY	B	0.05%
DRI	B	0.05%
F	C	0.05%
AAP	C	0.05%
LECO	C	0.05%
HON	B	0.05%
KMX	B	0.05%
MGM	F	0.05%
IR	A	0.05%
AMKR	F	0.05%
UBER	D	0.05%
JCI	C	0.05%
GNTX	C	0.05%
VMI	A	0.05%
GXO	B	0.05%
AXP	A	0.05%
MAT	D	0.05%
MTZ	B	0.05%
SIRI	C	0.05%
ETN	A	0.05%
VMC	B	0.05%
OSK	B	0.05%
TKO	B	0.05%
AME	A	0.05%
DKNG	C	0.05%
VNT	C	0.05%
TRMB	B	0.05%
CZR	D	0.05%
XP	F	0.05%
VVV	F	0.05%
ULTA	F	0.05%
WEN	D	0.05%
MTCH	F	0.05%
FI	A	0.05%
ORLY	B	0.05%
PARA	C	0.05%
ELF	C	0.05%
GTES	A	0.05%
CPAY	A	0.05%
ODFL	B	0.05%
BWA	C	0.05%
IEX	B	0.05%
WSC	D	0.04%
RIVN	D	0.04%
CNXC	F	0.04%
BA	D	0.04%
QRVO	F	0.04%
BFAM	F	0.04%
EL	F	0.04%
UWMC	F	0.04%
SWK	D	0.04%
EFX	D	0.04%
DOW	F	0.04%
MTD	F	0.04%
ACHC	F	0.04%
FCN	D	0.04%
WMS	F	0.04%
SPR	D	0.04%
APTV	F	0.04%
TDG	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%
TXT	D	0.04%
BAH	F	0.04%
AOS	D	0.04%
VSTS	C	0.04%
CXT	B	0.04%
ST	F	0.04%
COTY	F	0.04%
MAN	D	0.04%
NOC	D	0.04%
CLVT	F	0.04%
BALL	D	0.04%
VLTO	C	0.04%
W	D	0.04%
ATI	D	0.04%
FTV	B	0.04%
DE	B	0.04%
SON	D	0.04%
BLD	C	0.04%
JKHY	D	0.04%
DD	D	0.04%
LSTR	B	0.04%
TTC	D	0.04%
UNP	C	0.04%
RKT	F	0.04%
CARR	C	0.04%
CPRI	F	0.03%
LCID	F	0.03%
HII	F	0.03%
SMCI	D	0.02%

EQAL Underweight 2 Positions Relative to FLQL

	Symbol	Grade	Weight
	GOOG	C	-1.73%
	FOX	B	-0.11%