EQAL vs. HLAL ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Wahed FTSE USA Shariah ETF (HLAL)

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

$48.39

Average Daily Volume

23,578

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.00

Average Daily Volume

70,000

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	HLAL
30 Days	2.39%	-0.24%
60 Days	4.37%	-0.20%
90 Days	7.62%	0.93%
12 Months	17.86%	18.89%

201 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in HLAL	Overlap
A	C	0.08%	0.19%	0.08%
AAPL	D	0.07%	14.99%	0.07%
ABT	C	0.09%	0.98%	0.09%
ADBE	D	0.07%	1.21%	0.07%
ADI	D	0.06%	0.5%	0.06%
ADM	D	0.16%	0.14%	0.14%
ADP	B	0.05%	0.54%	0.05%
ADSK	B	0.07%	0.26%	0.07%
AGR	B	0.2%	0.01%	0.01%
AKAM	D	0.07%	0.07%	0.07%
ALB	F	0.22%	0.04%	0.04%
ALGN	D	0.08%	0.08%	0.08%
AMAT	D	0.05%	0.68%	0.05%
AMD	F	0.06%	1.1%	0.06%
ANSS	F	0.06%	0.12%	0.06%
APD	B	0.24%	0.28%	0.24%
APTV	D	0.05%	0.09%	0.05%
ARE	B	0.15%	0.09%	0.09%
ATO	B	0.23%	0.09%	0.09%
BDX	F	0.08%	0.33%	0.08%
BG	D	0.15%	0.07%	0.07%
BIIB	F	0.07%	0.14%	0.07%
BIO	C	0.09%	0.03%	0.03%
BKR	D	0.21%	0.16%	0.16%
BLDR	C	0.06%	0.09%	0.06%
BMRN	F	0.08%	0.07%	0.07%
BSX	B	0.09%	0.57%	0.09%
BURL	B	0.06%	0.08%	0.06%
BWA	D	0.05%	0.04%	0.04%
CAH	C	0.09%	0.13%	0.09%
CDNS	D	0.05%	0.32%	0.05%
CEG	C	0.17%	0.26%	0.17%
CF	B	0.25%	0.07%	0.07%
CHD	C	0.15%	0.12%	0.12%
CHRW	B	0.05%	0.05%	0.05%
CMI	C	0.05%	0.19%	0.05%
COP	D	0.19%	0.6%	0.19%
CRL	D	0.07%	0.04%	0.04%
CRM	D	0.06%	1.14%	0.06%
CSCO	B	0.54%	0.95%	0.54%
CTAS	C	0.05%	0.32%	0.05%
CTRA	F	0.17%	0.08%	0.08%
CTVA	B	0.17%	0.19%	0.17%
CVX	D	0.18%	1.17%	0.18%
DAL	C	0.05%	0.03%	0.03%
DAY	D	0.07%	0.04%	0.04%
DD	B	0.05%	0.16%	0.05%
DGX	B	0.09%	0.08%	0.08%
DHI	B	0.07%	0.26%	0.07%
DHR	B	0.09%	0.83%	0.09%
DLTR	F	0.03%	0.06%	0.03%
DOV	B	0.05%	0.12%	0.05%
DOW	D	0.04%	0.17%	0.04%
DOX	C	0.07%	0.05%	0.05%
DVN	F	0.17%	0.12%	0.12%
EA	D	0.05%	0.18%	0.05%
EL	F	0.04%	0.09%	0.04%
EMR	D	0.04%	0.27%	0.04%
EW	F	0.06%	0.19%	0.06%
EXAS	C	0.12%	0.05%	0.05%
FANG	D	0.18%	0.15%	0.15%
FAST	C	0.25%	0.18%	0.18%
FDX	C	0.05%	0.31%	0.05%
FFIV	A	0.08%	0.05%	0.05%
FMC	C	0.27%	0.04%	0.04%
FSLR	C	0.18%	0.1%	0.1%
FTV	C	0.05%	0.12%	0.05%
GEHC	C	0.09%	0.17%	0.09%
GEV	B	0.06%	0.25%	0.06%
GFS	F	0.05%	0.01%	0.01%
GILD	B	0.1%	0.51%	0.1%
GLW	B	0.07%	0.15%	0.07%
GNRC	D	0.05%	0.04%	0.04%
GOOGL	D	0.05%	4.16%	0.05%
GPC	D	0.05%	0.09%	0.05%
GRMN	D	0.06%	0.13%	0.06%
GWW	B	0.05%	0.2%	0.05%
HAL	F	0.17%	0.12%	0.12%
HES	D	0.17%	0.17%	0.17%
HOLX	B	0.09%	0.09%	0.09%
HPQ	D	0.06%	0.16%	0.06%
HSIC	C	0.08%	0.04%	0.04%
HUBB	B	0.05%	0.09%	0.05%
IDXX	C	0.08%	0.18%	0.08%
IEX	D	0.04%	0.07%	0.04%
IFF	B	0.25%	0.12%	0.12%
ILMN	C	0.1%	0.09%	0.09%
INTC	F	0.04%	0.38%	0.04%
IP	B	0.24%	0.08%	0.08%
IPG	C	0.05%	0.05%	0.05%
IR	C	0.04%	0.16%	0.04%
ISRG	C	0.09%	0.77%	0.09%
IT	B	0.07%	0.17%	0.07%
JBHT	D	0.05%	0.06%	0.05%
JCI	B	0.05%	0.22%	0.05%
JNJ	B	0.09%	1.93%	0.09%
JNPR	A	0.56%	0.06%	0.06%
KDP	A	0.17%	0.19%	0.17%
KLAC	D	0.05%	0.43%	0.05%
KO	B	0.18%	1.31%	0.18%
LBRDK	D	0.61%	0.03%	0.03%
LEA	D	0.05%	0.03%	0.03%
LEN	B	0.06%	0.01%	0.01%
LEN	B	0.06%	0.21%	0.06%
LIN	B	0.25%	1.06%	0.25%
LKQ	D	0.05%	0.05%	0.05%
LRCX	F	0.04%	0.44%	0.04%
LULU	D	0.04%	0.14%	0.04%
LUV	C	0.05%	0.02%	0.02%
LYB	F	0.23%	0.11%	0.11%
MCK	F	0.14%	0.31%	0.14%
MDLZ	B	0.18%	0.48%	0.18%
MDT	C	0.09%	0.57%	0.09%
META	A	0.07%	5.25%	0.07%
MKC	B	0.19%	0.1%	0.1%
MLM	D	0.04%	0.14%	0.04%
MMM	B	0.06%	0.34%	0.06%
MOS	F	0.21%	0.04%	0.04%
MPC	D	0.19%	0.27%	0.19%
MRK	D	0.07%	1.4%	0.07%
MRO	D	0.19%	0.07%	0.07%
MRVL	C	0.06%	0.28%	0.06%
MSFT	C	0.06%	14.26%	0.06%
MU	F	0.04%	0.42%	0.04%
NEM	B	0.29%	0.28%	0.28%
NKE	D	0.05%	0.46%	0.05%
NOW	A	0.07%	0.84%	0.07%
NTAP	D	0.06%	0.11%	0.06%
NUE	F	0.21%	0.16%	0.16%
NWSA	D	0.05%	0.05%	0.05%
ODFL	C	0.05%	0.18%	0.05%
OKTA	F	0.05%	0.05%	0.05%
OMC	A	0.06%	0.09%	0.06%
ON	D	0.06%	0.13%	0.06%
OXY	F	0.16%	0.16%	0.16%
PANW	D	0.07%	0.49%	0.07%
PAYC	D	0.07%	0.04%	0.04%
PCAR	D	0.04%	0.23%	0.04%
PFE	C	0.08%	0.8%	0.08%
PG	C	0.17%	1.96%	0.17%
PHM	B	0.07%	0.13%	0.07%
PKG	B	0.05%	0.08%	0.05%
PLD	C	0.17%	0.56%	0.17%
PNR	B	0.05%	0.07%	0.05%
PODD	B	0.09%	0.07%	0.07%
POOL	C	0.05%	0.06%	0.05%
PPG	C	0.04%	0.14%	0.04%
PSX	D	0.18%	0.26%	0.18%
PTC	D	0.06%	0.09%	0.06%
PWR	B	0.04%	0.17%	0.04%
QCOM	D	0.05%	0.81%	0.05%
QRVO	F	0.06%	0.04%	0.04%
REG	C	0.17%	0.06%	0.06%
REGN	C	0.09%	0.55%	0.09%
RHI	D	0.04%	0.03%	0.03%
RMD	C	0.09%	0.17%	0.09%
ROK	D	0.05%	0.14%	0.05%
ROL	C	0.05%	0.07%	0.05%
ROP	C	0.06%	0.28%	0.06%
ROST	C	0.05%	0.23%	0.05%
SCCO	D	0.21%	0.04%	0.04%
SLB	F	0.18%	0.28%	0.18%
SNA	B	0.05%	0.06%	0.05%
SNPS	D	0.05%	0.33%	0.05%
SOLV	C	0.1%	0.04%	0.04%
STE	C	0.09%	0.11%	0.09%
STLD	D	0.21%	0.08%	0.08%
SWK	B	0.05%	0.07%	0.05%
SYK	C	0.09%	0.61%	0.09%
TECH	C	0.08%	0.05%	0.05%
TER	D	0.05%	0.09%	0.05%
TFX	C	0.1%	0.05%	0.05%
TJX	C	0.06%	0.63%	0.06%
TMO	C	0.09%	1.09%	0.09%
TRMB	C	0.05%	0.06%	0.05%
TSCO	C	0.05%	0.13%	0.05%
TSLA	C	0.07%	2.79%	0.07%
TT	B	0.05%	0.36%	0.05%
TTWO	D	0.05%	0.12%	0.05%
TWLO	D	0.07%	0.05%	0.05%
TXN	C	0.06%	0.85%	0.06%
TYL	C	0.08%	0.12%	0.08%
UAL	B	0.05%	0.02%	0.02%
UBER	C	0.05%	0.66%	0.05%
ULTA	D	0.05%	0.08%	0.05%
UPS	D	0.04%	0.45%	0.04%
VLO	D	0.18%	0.21%	0.18%
VLTO	C	0.05%	0.12%	0.05%
VMC	D	0.04%	0.14%	0.04%
VST	C	0.18%	0.11%	0.11%
WAB	A	0.05%	0.13%	0.05%
WBA	F	0.09%	0.03%	0.03%
WDC	D	0.05%	0.09%	0.05%
WELL	B	0.18%	0.35%	0.18%
WLK	D	0.21%	0.02%	0.02%
WST	D	0.07%	0.11%	0.07%
WY	C	0.16%	0.1%	0.1%
XOM	D	0.2%	2.49%	0.2%
XYL	D	0.04%	0.14%	0.04%
ZBH	F	0.08%	0.1%	0.08%
ZBRA	B	0.05%	0.07%	0.05%

EQAL Overweight 762 Positions Relative to HLAL

Symbol	Grade	Weight
FYBR	C	0.73%
UI	B	0.73%
ROKU	C	0.7%
T	B	0.61%
CHTR	D	0.61%
TMUS	C	0.59%
CIEN	C	0.59%
LITE	B	0.58%
MSI	C	0.58%
VZ	B	0.56%
CMCSA	D	0.53%
ANET	B	0.53%
IRDM	D	0.53%
RGLD	B	0.27%
RBC	C	0.25%
NEU	D	0.25%
TRGP	B	0.24%
DUK	C	0.24%
ETR	A	0.24%
CMS	A	0.24%
ES	C	0.24%
AEE	B	0.24%
MP	D	0.24%
AEP	B	0.24%
EIX	C	0.24%
PNW	B	0.24%
EMN	B	0.24%
NI	B	0.24%
XEL	A	0.24%
ECL	B	0.24%
SMG	C	0.24%
WEC	B	0.24%
IDA	B	0.23%
OKE	B	0.23%
TKR	D	0.23%
SO	B	0.23%
DTE	B	0.23%
AVY	D	0.23%
VVV	D	0.23%
AWK	A	0.23%
RS	D	0.23%
OGE	B	0.23%
EVRG	A	0.23%
PEG	B	0.23%
PPL	C	0.23%
D	C	0.23%
ED	C	0.23%
EXC	B	0.23%
FE	C	0.23%
LNT	A	0.23%
NEE	B	0.23%
WMB	B	0.22%
SRCL	A	0.22%
RSG	D	0.22%
ESI	D	0.22%
LNG	D	0.22%
HUN	D	0.22%
SRE	B	0.22%
NFG	B	0.22%
DTM	B	0.22%
CWEN	B	0.22%
X	D	0.22%
HXL	F	0.22%
PCG	C	0.22%
K	A	0.22%
ASH	D	0.21%
TPL	C	0.21%
UGI	C	0.21%
COKE	C	0.21%
WTRG	D	0.21%
CLH	B	0.21%
KMI	A	0.21%
KVUE	B	0.2%
PM	C	0.2%
FTI	D	0.2%
EOG	D	0.2%
FCX	D	0.2%
ENPH	C	0.2%
OLN	D	0.2%
NRG	C	0.2%
WM	D	0.2%
VNO	B	0.2%
AM	B	0.2%
CE	D	0.2%
VTR	C	0.19%
CBRE	A	0.19%
AA	D	0.19%
IRM	B	0.19%
INGR	A	0.19%
AES	C	0.19%
CLX	C	0.19%
CL	C	0.18%
FRPT	B	0.18%
KR	B	0.18%
AMT	C	0.18%
TSN	C	0.18%
BRX	B	0.18%
NOV	D	0.18%
PSA	B	0.18%
CNP	C	0.18%
CCI	B	0.18%
CPB	B	0.18%
CAG	B	0.18%
ADC	C	0.18%
OHI	A	0.18%
REYN	C	0.18%
USFD	B	0.18%
POST	C	0.18%
HIW	B	0.18%
SUI	B	0.18%
KIM	B	0.18%
CLF	F	0.18%
CUZ	B	0.18%
SBAC	C	0.18%
PPC	D	0.18%
SWN	D	0.18%
BXP	B	0.18%
MO	C	0.18%
FRT	C	0.17%
BRBR	B	0.17%
CASY	D	0.17%
HRL	C	0.17%
DOC	C	0.17%
DINO	D	0.17%
SEB	C	0.17%
Z	B	0.17%
OVV	D	0.17%
EPR	B	0.17%
MPW	C	0.17%
MAA	B	0.17%
SYY	D	0.17%
FR	C	0.17%
PEP	C	0.17%
PR	D	0.17%
APA	F	0.17%
GLPI	B	0.17%
RRC	D	0.17%
ELS	C	0.17%
TAP	C	0.17%
CUBE	B	0.17%
SJM	C	0.17%
VICI	C	0.17%
JLL	B	0.17%
KHC	C	0.17%
O	B	0.17%
MTDR	D	0.17%
CHK	D	0.17%
PFGC	B	0.17%
CC	F	0.17%
HSY	C	0.17%
EQT	D	0.17%
GIS	B	0.17%
WFRD	F	0.16%
DLR	B	0.16%
CIVI	F	0.16%
DAR	F	0.16%
ESS	B	0.16%
LAMR	A	0.16%
CHRD	F	0.16%
KRC	B	0.16%
STAG	C	0.16%
SPB	B	0.16%
EGP	B	0.16%
WPC	B	0.16%
REXR	C	0.16%
SPG	B	0.16%
EXR	B	0.16%
CPT	B	0.16%
AMH	C	0.16%
KMB	D	0.16%
FLO	C	0.16%
NSA	B	0.16%
EQIX	B	0.16%
HHH	C	0.16%
MNST	C	0.16%
EQR	B	0.16%
COLD	D	0.16%
AR	D	0.16%
UDR	B	0.16%
AVB	B	0.16%
NNN	B	0.16%
INVH	C	0.15%
SAM	F	0.15%
CVS	D	0.15%
RYN	C	0.15%
STZ	C	0.15%
CSGP	D	0.15%
ACI	F	0.15%
HST	D	0.14%
PK	D	0.13%
ALNY	B	0.13%
RARE	B	0.12%
LW	D	0.12%
GO	F	0.12%
DOCS	B	0.11%
SHC	B	0.11%
RGEN	F	0.1%
VEEV	C	0.1%
EXEL	B	0.1%
INSP	C	0.1%
UNH	C	0.1%
UHS	B	0.1%
AVTR	B	0.1%
VKTX	C	0.1%
NFE	F	0.1%
LLY	C	0.09%
AMED	C	0.09%
PRGO	D	0.09%
AMGN	B	0.09%
CHE	C	0.09%
CI	C	0.09%
PINC	C	0.09%
NVST	D	0.09%
QGEN	B	0.09%
CTLT	B	0.09%
EHC	B	0.09%
UTHR	C	0.09%
CNC	C	0.09%
IQV	C	0.09%
RCM	C	0.09%
ABBV	C	0.09%
TXG	D	0.09%
ZTS	B	0.09%
DVA	B	0.09%
PEN	D	0.09%
ACHC	C	0.09%
VTRS	C	0.09%
MOH	C	0.09%
BAX	C	0.09%
HCA	B	0.09%
NTRA	B	0.09%
THC	B	0.09%
BMY	C	0.09%
AFL	B	0.08%
FAF	B	0.08%
FNF	A	0.08%
PSN	B	0.08%
U	D	0.08%
IBM	B	0.08%
PB	B	0.08%
DT	C	0.08%
SMAR	B	0.08%
CBOE	C	0.08%
DNB	C	0.08%
CINF	B	0.08%
S	C	0.08%
ICE	B	0.08%
NDAQ	B	0.08%
GL	C	0.08%
GWRE	A	0.08%
ENOV	F	0.08%
GTLB	D	0.08%
JEF	B	0.08%
BRKR	D	0.08%
LCID	C	0.08%
COLB	B	0.08%
FTNT	C	0.08%
UWMC	C	0.08%
JAZZ	D	0.08%
OGN	D	0.08%
ITCI	D	0.08%
MKTX	C	0.08%
XRAY	D	0.08%
TPG	B	0.08%
IONS	F	0.08%
SRPT	F	0.08%
VRTX	D	0.08%
INCY	C	0.08%
ELV	C	0.08%
WAL	B	0.08%
MDB	D	0.08%
RPRX	C	0.08%
GMED	D	0.08%
VIRT	B	0.08%
RKT	B	0.08%
PLTR	B	0.08%
APP	B	0.08%
CELH	F	0.08%
TEAM	F	0.07%
INTU	D	0.07%
AGNC	A	0.07%
RBLX	B	0.07%
LDOS	C	0.07%
CPRI	D	0.07%
TFSL	C	0.07%
PATH	D	0.07%
BR	D	0.07%
PRI	B	0.07%
FNB	D	0.07%
RLI	B	0.07%
CVNA	B	0.07%
JHG	B	0.07%
IVZ	C	0.07%
FHN	D	0.07%
COHR	B	0.07%
MET	A	0.07%
NTRS	B	0.07%
MORN	C	0.07%
AXS	B	0.07%
CRUS	D	0.07%
SLM	C	0.07%
AZTA	D	0.07%
WBS	C	0.07%
ARES	B	0.07%
MMC	C	0.07%
DOCU	C	0.07%
AMG	C	0.07%
FDS	C	0.07%
WRB	C	0.07%
ACGL	B	0.07%
MPWR	C	0.07%
CFR	C	0.07%
CB	B	0.07%
SN	B	0.07%
CACI	B	0.07%
CNXC	D	0.07%
ZION	D	0.07%
KKR	B	0.07%
IAC	C	0.07%
CME	C	0.07%
WTFC	B	0.07%
RIVN	F	0.07%
EWBC	C	0.07%
GDDY	C	0.07%
BRO	C	0.07%
TW	A	0.07%
BRK.A	C	0.07%
EPAM	D	0.07%
TRV	B	0.07%
HIG	A	0.07%
FTRE	F	0.07%
CTSH	C	0.07%
MEDP	D	0.07%
WTW	B	0.07%
USB	B	0.07%
FCNCA	D	0.07%
MASI	D	0.07%
AJG	C	0.07%
DXC	C	0.07%
CNA	C	0.07%
MTB	B	0.07%
ORCL	B	0.07%
RNR	B	0.07%
FHB	C	0.07%
MANH	B	0.07%
AIZ	B	0.07%
ORI	A	0.07%
MCO	A	0.07%
BLK	A	0.07%
BOKF	B	0.07%
TFC	D	0.07%
ZM	C	0.07%
HBAN	B	0.07%
BPOP	C	0.07%
UNM	B	0.07%
CBSH	C	0.07%
HLI	B	0.07%
ALL	A	0.07%
CFG	D	0.07%
CLVT	D	0.07%
MTCH	C	0.07%
RYAN	C	0.07%
PEGA	C	0.07%
BFAM	C	0.07%
STT	A	0.07%
DBX	D	0.07%
NTNX	C	0.07%
MSCI	C	0.07%
MTG	B	0.07%
KNSL	C	0.07%
SAIC	C	0.07%
PNC	B	0.07%
RF	B	0.07%
WDAY	D	0.07%
EVR	B	0.07%
GLOB	D	0.07%
NBIX	F	0.07%
HUM	F	0.07%
DASH	C	0.07%
BK	A	0.07%
THG	A	0.07%
AON	B	0.07%
SSNC	B	0.07%
BX	B	0.07%
KEY	B	0.07%
SOFI	C	0.07%
SPGI	B	0.07%
SNV	C	0.07%
PYCR	D	0.07%
PGR	A	0.07%
APLS	F	0.07%
FITB	B	0.07%
PNFP	B	0.07%
CMA	B	0.07%
NU	B	0.07%
HOG	C	0.06%
KMX	D	0.06%
SNOW	F	0.06%
TROW	D	0.06%
SPOT	B	0.06%
G	C	0.06%
TTD	B	0.06%
KD	D	0.06%
LMT	C	0.06%
THO	D	0.06%
PCOR	F	0.06%
CRI	C	0.06%
MAT	C	0.06%
SNDR	B	0.06%
MSGS	B	0.06%
EXP	B	0.06%
RBA	C	0.06%
MSTR	D	0.06%
WBD	D	0.06%
LAD	C	0.06%
TKO	B	0.06%
NVDA	D	0.06%
SHW	B	0.06%
OMF	C	0.06%
EFX	C	0.06%
CHH	C	0.06%
RCL	B	0.06%
PH	B	0.06%
LOW	B	0.06%
NCLH	C	0.06%
HAS	B	0.06%
VSTS	D	0.06%
SCI	B	0.06%
LNC	D	0.06%
LNW	B	0.06%
DV	F	0.06%
APH	D	0.06%
MUSA	C	0.06%
JBL	D	0.06%
NCNO	D	0.06%
CRBG	D	0.06%
ZS	F	0.06%
CPNG	B	0.06%
PLNT	A	0.06%
UHAL	B	0.06%
CDW	D	0.06%
ARMK	B	0.06%
FOXA	B	0.06%
WTM	F	0.06%
NWL	D	0.06%
BYD	C	0.06%
SWKS	F	0.06%
BSY	D	0.06%
CG	C	0.06%
C	D	0.06%
DDOG	D	0.06%
AVGO	C	0.06%
AVT	D	0.06%
APO	C	0.06%
DUOL	B	0.06%
VRT	C	0.06%
MCD	C	0.06%
KBR	D	0.06%
MTSI	D	0.06%
AXON	B	0.06%
EQH	C	0.06%
APPF	D	0.06%
ARW	C	0.06%
OWL	C	0.06%
WMT	B	0.06%
EBAY	B	0.06%
BAC	D	0.06%
OLED	C	0.06%
RH	B	0.06%
FICO	A	0.06%
QS	F	0.06%
TRU	B	0.06%
HRB	C	0.06%
AGO	C	0.06%
AMP	B	0.06%
BHF	D	0.06%
MHK	B	0.06%
AIG	D	0.06%
VRSN	D	0.06%
PRU	C	0.06%
MS	D	0.06%
MKL	C	0.06%
HOOD	C	0.06%
EG	B	0.06%
NET	F	0.06%
HCP	A	0.06%
KMPR	D	0.06%
NVR	B	0.06%
DFS	C	0.06%
AFRM	C	0.06%
SEIC	B	0.06%
PFG	B	0.06%
TOST	B	0.06%
RNG	D	0.06%
ELAN	D	0.06%
RGA	B	0.06%
L	B	0.06%
OZK	D	0.06%
VFC	C	0.06%
CERT	F	0.06%
IBKR	B	0.06%
SBUX	C	0.06%
STWD	A	0.06%
GS	D	0.06%
VOYA	A	0.06%
XP	D	0.06%
SF	A	0.06%
TOL	B	0.06%
RJF	C	0.06%
JPM	D	0.06%
AFG	B	0.06%
CNH	C	0.05%
LSCC	D	0.05%
KSS	F	0.05%
AME	C	0.05%
DIS	D	0.05%
CMG	C	0.05%
PSTG	F	0.05%
COF	C	0.05%
MSM	D	0.05%
BROS	D	0.05%
LVS	D	0.05%
GD	B	0.05%
WSC	D	0.05%
BAH	B	0.05%
VMI	D	0.05%
VRSK	D	0.05%
CSX	D	0.05%
AXTA	C	0.05%
ETSY	F	0.05%
F	D	0.05%
TXT	D	0.05%
EME	B	0.05%
MTZ	B	0.05%
WSM	C	0.05%
LSTR	D	0.05%
SQ	D	0.05%
MDU	B	0.05%
DKNG	D	0.05%
MIDD	C	0.05%
DE	B	0.05%
ESAB	C	0.05%
LHX	D	0.05%
ITW	B	0.05%
SSD	C	0.05%
XPO	D	0.05%
COTY	F	0.05%
TDG	B	0.05%
DELL	D	0.05%
ITT	C	0.05%
SKX	C	0.05%
GE	B	0.05%
BC	C	0.05%
AMKR	F	0.05%
V	B	0.05%
ALGM	F	0.05%
BJ	D	0.05%
PLTK	C	0.05%
SYF	C	0.05%
CAT	C	0.05%
GGG	C	0.05%
PENN	D	0.05%
DKS	D	0.05%
AYI	B	0.05%
HAYW	C	0.05%
GXO	D	0.05%
ATR	B	0.05%
GTES	C	0.05%
DECK	C	0.05%
HII	C	0.05%
YETI	D	0.05%
DXCM	F	0.05%
FIX	B	0.05%
CR	C	0.05%
FND	C	0.05%
JKHY	B	0.05%
RRX	C	0.05%
LII	B	0.05%
FCN	C	0.05%
BWXT	D	0.05%
SPR	D	0.05%
CZR	C	0.05%
HPE	D	0.05%
NDSN	C	0.05%
RPM	B	0.05%
PAYX	C	0.05%
RL	B	0.05%
J	D	0.05%
MAR	C	0.05%
TNL	D	0.05%
IPGP	F	0.05%
BERY	B	0.05%
GPK	B	0.05%
TXRH	D	0.05%
ACM	B	0.05%
BALL	C	0.05%
AWI	B	0.05%
GM	B	0.05%
BILL	D	0.05%
ALK	C	0.05%
LPX	B	0.05%
AAL	D	0.05%
KEYS	C	0.05%
H	C	0.05%
KNX	C	0.05%
TTEK	C	0.05%
CW	B	0.05%
WING	B	0.05%
CPRT	D	0.05%
AMCR	C	0.05%
FIS	B	0.05%
ENTG	D	0.05%
MA	B	0.05%
UNP	B	0.05%
BKNG	B	0.05%
WAT	C	0.05%
TDY	C	0.05%
AXP	B	0.05%
TDC	F	0.05%
PAG	D	0.05%
HLT	B	0.05%
MTN	D	0.05%
YUM	D	0.05%
COLM	B	0.05%
AN	D	0.05%
ALLY	F	0.05%
R	B	0.05%
SLGN	B	0.05%
HEI	B	0.05%
NSC	C	0.05%
OLLI	C	0.05%
FOUR	C	0.05%
AMZN	C	0.05%
LEG	D	0.05%
PII	D	0.05%
WEX	C	0.05%
ACN	C	0.05%
ATI	C	0.05%
NFLX	B	0.05%
RTX	C	0.05%
PCTY	C	0.05%
SNX	D	0.05%
ZI	D	0.05%
TPR	C	0.05%
TPX	C	0.05%
CHDN	C	0.05%
ALSN	B	0.05%
INFA	D	0.05%
PARA	F	0.05%
MAS	B	0.05%
GPN	D	0.05%
MCHP	D	0.05%
DRI	C	0.05%
SCHW	D	0.05%
ORLY	B	0.05%
AAON	B	0.05%
WEN	C	0.05%
CPAY	B	0.05%
CCK	A	0.05%
NXST	D	0.05%
SITE	D	0.05%
TGT	C	0.05%
CARR	B	0.05%
PYPL	B	0.05%
UAA	C	0.05%
ONTO	F	0.05%
HWM	B	0.05%
WHR	D	0.05%
CACC	D	0.05%
AZO	D	0.05%
NYT	C	0.05%
EXPE	C	0.05%
LYV	B	0.05%
BEN	F	0.05%
CCL	C	0.05%
COST	C	0.05%
URI	B	0.05%
NOC	B	0.05%
HD	B	0.05%
BBY	B	0.05%
DLB	D	0.05%
WFC	D	0.05%
ALLE	B	0.05%
LOPE	D	0.05%
JWN	B	0.05%
WH	B	0.05%
HUBS	D	0.05%
CNM	F	0.04%
CGNX	D	0.04%
DJT	F	0.04%
MKSI	F	0.04%
NVT	D	0.04%
VNT	D	0.04%
TRIP	F	0.04%
WMS	D	0.04%
BIRK	D	0.04%
TTC	D	0.04%
DPZ	F	0.04%
DDS	D	0.04%
AGCO	D	0.04%
APG	D	0.04%
ST	D	0.04%
ABNB	D	0.04%
AZEK	C	0.04%
GME	F	0.04%
EEFT	D	0.04%
PINS	F	0.04%
M	F	0.04%
WWD	D	0.04%
CACC	D	0.04%
CRWD	F	0.04%
SAIA	D	0.04%
CROX	C	0.04%
MRNA	F	0.04%
AL	D	0.04%
ESTC	F	0.04%
OC	C	0.04%
GAP	F	0.04%
BA	F	0.04%
SEE	D	0.04%
MSA	C	0.04%
FIVE	D	0.04%
LFUS	D	0.04%
ETN	C	0.04%
FIVN	F	0.04%
LECO	F	0.04%
PVH	F	0.04%
WCC	C	0.04%
COIN	F	0.04%
MTD	D	0.04%
VAC	F	0.04%
LYFT	D	0.04%
BLD	D	0.04%
HON	D	0.04%
OTIS	D	0.04%
EXPD	B	0.04%
AOS	C	0.04%
FLS	D	0.04%
WYNN	D	0.04%
SON	C	0.04%
ADTN	F	0.04%
CSL	C	0.04%
GNTX	F	0.04%
W	D	0.04%
WU	D	0.04%
MAN	C	0.04%
MGM	D	0.04%
DCI	D	0.04%
WSO	C	0.04%
LPLA	D	0.04%
CFLT	F	0.04%
OSK	D	0.04%
KEX	C	0.04%
ELF	F	0.03%
SMCI	F	0.03%
AAP	F	0.03%
CAR	F	0.03%
BBWI	F	0.03%
DG	F	0.03%
TREX	F	0.03%
WOLF	F	0.02%
SEG	C	0.01%

EQAL Underweight 9 Positions Relative to HLAL

Symbol	Grade	Weight
GOOG	D	-3.51%
NXPI	D	-0.27%
TEL	D	-0.21%
ICLR	D	-0.11%
FLEX	C	-0.06%
SW	B	-0.05%
ALV	F	-0.03%
NWS	D	-0.01%
LBRDA	D	-0.0%