EQAL vs. JEPI ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to JPMorgan Equity Premium Income ETF (JEPI)

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

$48.59

Average Daily Volume

21,537

Number of Holdings ^*

964

* may have additional holdings in another (foreign) market

JEPI

JPMorgan Equity Premium Income ETF

JEPI Description

The investment seeks current income while maintaining prospects for capital appreciation. The fund seeks to provide the majority of the returns associated with its primary benchmark, the Standard & Poor's 500 Total Return Index (S&P 500 Index), while exposing investors to less risk through lower volatility and still offering incremental income. Under normal circumstances, the fund invests at least 80% of its assets in equity securities. It may also invest in other equity securities not included in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$59.02

Average Daily Volume

2,987,236

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	JEPI
30 Days	2.93%	1.81%
60 Days	6.80%	5.92%
90 Days	9.08%	5.90%
12 Months	26.69%	14.49%

113 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in JEPI	Overlap
AAPL	C	0.07%	0.67%	0.07%
ABBV	B	0.08%	1.5%	0.08%
ABT	C	0.08%	0.61%	0.08%
ACN	B	0.05%	0.94%	0.05%
ADI	C	0.07%	1.29%	0.07%
AJG	D	0.06%	0.09%	0.06%
AME	D	0.04%	0.15%	0.04%
AMP	A	0.06%	0.51%	0.06%
AMT	C	0.14%	0.3%	0.14%
AMZN	C	0.05%	1.55%	0.05%
AON	B	0.06%	0.16%	0.06%
AXP	B	0.05%	0.52%	0.05%
AZO	D	0.05%	0.88%	0.05%
BKNG	C	0.05%	0.65%	0.05%
BMY	B	0.09%	0.79%	0.09%
BRK.A	C	0.07%	0.69%	0.07%
BSX	A	0.08%	0.47%	0.08%
BURL	D	0.05%	0.24%	0.05%
CARR	B	0.05%	0.39%	0.05%
CB	B	0.07%	0.38%	0.07%
CDNS	D	0.06%	0.42%	0.06%
CHD	D	0.16%	0.63%	0.16%
CMCSA	C	0.54%	1.26%	0.54%
CME	A	0.07%	1.07%	0.07%
CMG	C	0.05%	0.89%	0.05%
CMS	A	0.21%	0.61%	0.21%
COP	D	0.21%	0.81%	0.21%
COST	C	0.05%	1.1%	0.05%
CPAY	A	0.05%	0.69%	0.05%
CRM	B	0.07%	0.81%	0.07%
CSX	D	0.05%	0.8%	0.05%
CTSH	B	0.07%	0.84%	0.07%
D	A	0.2%	0.18%	0.18%
DE	B	0.05%	0.64%	0.05%
DHR	D	0.09%	0.43%	0.09%
DOV	B	0.05%	0.2%	0.05%
DOW	B	0.05%	0.4%	0.05%
DTE	A	0.21%	0.11%	0.11%
ELS	D	0.13%	0.03%	0.03%
ELV	F	0.08%	0.44%	0.08%
EMR	B	0.05%	0.63%	0.05%
EOG	B	0.21%	0.8%	0.21%
EQIX	C	0.14%	0.89%	0.14%
ETN	C	0.05%	1.09%	0.05%
ETR	A	0.22%	0.12%	0.12%
FDX	F	0.05%	0.34%	0.05%
GOOGL	B	0.07%	1.29%	0.07%
GWW	B	0.05%	0.2%	0.05%
HON	C	0.04%	1.3%	0.04%
HWM	A	0.05%	0.2%	0.05%
INTU	F	0.06%	1.35%	0.06%
IR	B	0.05%	0.35%	0.05%
JKHY	A	0.05%	0.38%	0.05%
JNJ	D	0.08%	0.25%	0.08%
KEYS	C	0.05%	0.22%	0.05%
KO	C	0.16%	1.26%	0.16%
KVUE	C	0.16%	0.22%	0.16%
LDOS	A	0.07%	0.28%	0.07%
LIN	B	0.25%	1.09%	0.25%
LLY	D	0.08%	1.0%	0.08%
LOW	A	0.06%	1.45%	0.06%
LYB	F	0.25%	0.25%	0.25%
MA	A	0.05%	1.51%	0.05%
MCD	A	0.05%	0.4%	0.05%
MDLZ	D	0.16%	1.33%	0.16%
MDT	C	0.08%	0.47%	0.08%
MET	B	0.07%	0.32%	0.07%
META	A	0.07%	1.69%	0.07%
MNST	D	0.17%	0.95%	0.17%
MO	D	0.16%	0.15%	0.15%
MRK	F	0.08%	0.59%	0.08%
MRVL	B	0.06%	0.25%	0.06%
MSFT	D	0.06%	1.48%	0.06%
MSI	A	0.52%	0.29%	0.29%
MU	D	0.08%	0.34%	0.08%
NEE	A	0.21%	1.07%	0.21%
NOC	B	0.05%	0.14%	0.05%
NOW	C	0.06%	1.45%	0.06%
NVDA	B	0.06%	1.46%	0.06%
OTIS	A	0.05%	0.97%	0.05%
PCG	C	0.2%	0.39%	0.2%
PEG	A	0.21%	1.0%	0.21%
PEP	F	0.16%	1.27%	0.16%
PG	D	0.16%	1.29%	0.16%
PGR	C	0.06%	1.67%	0.06%
PLD	D	0.14%	0.58%	0.14%
PM	D	0.16%	0.28%	0.16%
PPG	D	0.05%	0.27%	0.05%
REGN	D	0.07%	1.24%	0.07%
ROST	D	0.05%	0.98%	0.05%
RTX	A	0.05%	0.58%	0.05%
SBAC	C	0.14%	0.77%	0.14%
SNPS	F	0.07%	0.08%	0.07%
SO	A	0.21%	1.55%	0.21%
SYK	C	0.08%	1.23%	0.08%
TDG	B	0.05%	0.16%	0.05%
TJX	D	0.05%	0.24%	0.05%
TMO	D	0.09%	1.3%	0.09%
TRV	C	0.07%	1.13%	0.07%
TT	A	0.05%	1.74%	0.05%
TXN	C	0.06%	1.18%	0.06%
TXT	F	0.04%	0.44%	0.04%
UNH	B	0.08%	1.3%	0.08%
UNP	D	0.05%	0.22%	0.05%
UPS	D	0.05%	0.86%	0.05%
URI	C	0.05%	0.37%	0.05%
USB	D	0.07%	0.34%	0.07%
V	C	0.04%	1.31%	0.04%
VRTX	D	0.08%	1.2%	0.08%
WELL	C	0.14%	0.16%	0.14%
WMT	A	0.05%	0.63%	0.05%
XOM	A	0.21%	1.01%	0.21%
YUM	B	0.05%	1.22%	0.05%

EQAL Overweight 851 Positions Relative to JEPI

Symbol	Grade	Weight
LBRDK	B	0.66%
IRDM	B	0.61%
LITE	A	0.61%
CIEN	A	0.58%
UI	A	0.56%
CSCO	A	0.55%
ANET	A	0.55%
VZ	B	0.53%
JNPR	B	0.52%
TMUS	A	0.52%
T	A	0.52%
FYBR	C	0.51%
ROKU	B	0.51%
CHTR	D	0.49%
MP	B	0.32%
SMG	B	0.31%
VST	B	0.3%
FCX	B	0.3%
AA	B	0.3%
CC	D	0.29%
SCCO	B	0.29%
STLD	B	0.28%
CE	C	0.28%
OLN	C	0.28%
CLF	F	0.27%
EMN	C	0.27%
CEG	A	0.27%
HUN	C	0.27%
RS	D	0.26%
FMC	C	0.26%
ESI	C	0.26%
NUE	C	0.26%
APD	C	0.26%
MOS	F	0.26%
TKR	D	0.26%
ALB	D	0.26%
CF	A	0.26%
WLK	C	0.26%
ECL	B	0.25%
AVY	D	0.25%
NEM	C	0.25%
IP	C	0.25%
IFF	C	0.25%
X	F	0.25%
ASH	F	0.25%
FAST	C	0.25%
RBC	C	0.25%
NEU	F	0.24%
RGLD	C	0.24%
HXL	F	0.24%
EQT	B	0.23%
CHK	D	0.23%
NRG	A	0.23%
SWN	D	0.23%
RRC	B	0.22%
KMI	A	0.22%
SLB	D	0.22%
FTI	B	0.22%
CWEN	C	0.22%
AR	B	0.22%
FSLR	C	0.22%
ENPH	F	0.22%
BKR	B	0.22%
TPL	A	0.22%
AES	C	0.22%
EXC	A	0.21%
MPC	C	0.21%
LNG	A	0.21%
VLO	D	0.21%
SRE	B	0.21%
MRO	C	0.21%
OGE	A	0.21%
NI	A	0.21%
ATO	A	0.21%
HAL	D	0.21%
DINO	D	0.21%
NFG	A	0.21%
EIX	B	0.21%
EVRG	C	0.21%
PR	D	0.21%
PPL	B	0.21%
AM	A	0.21%
DTM	A	0.21%
LNT	A	0.21%
APA	F	0.21%
AEE	A	0.21%
CTRA	D	0.21%
PSX	D	0.21%
CVX	B	0.21%
HES	C	0.21%
UGI	C	0.21%
CNP	B	0.21%
RSG	C	0.2%
DVN	F	0.2%
CIVI	F	0.2%
AWK	C	0.2%
CHRD	F	0.2%
SRCL	A	0.2%
WM	B	0.2%
AEP	C	0.2%
PNW	B	0.2%
OVV	D	0.2%
MTDR	F	0.2%
OKE	A	0.2%
FANG	C	0.2%
NOV	F	0.2%
FE	C	0.2%
DUK	B	0.2%
ES	D	0.2%
AGR	B	0.2%
TRGP	A	0.2%
OXY	D	0.2%
WMB	A	0.2%
WTRG	D	0.2%
IDA	D	0.2%
WEC	A	0.2%
ED	A	0.2%
CLH	C	0.2%
XEL	B	0.2%
WFRD	F	0.19%
GO	F	0.18%
DAR	F	0.18%
NFE	F	0.18%
CAG	D	0.17%
KR	C	0.17%
WBA	F	0.17%
STZ	D	0.17%
BRBR	A	0.17%
KHC	F	0.17%
SPB	C	0.17%
LW	D	0.17%
SAM	C	0.17%
SJM	D	0.17%
CTVA	A	0.17%
CVS	C	0.17%
PPC	D	0.17%
TAP	D	0.17%
PFGC	A	0.17%
FRPT	C	0.16%
CASY	D	0.16%
TSN	D	0.16%
KRC	C	0.16%
ACI	F	0.16%
HSY	F	0.16%
CL	D	0.16%
REYN	D	0.16%
CELH	F	0.16%
CLX	C	0.16%
HRL	F	0.16%
CPB	D	0.16%
MKC	C	0.16%
KMB	D	0.16%
ADM	F	0.16%
K	A	0.16%
Z	C	0.16%
SEB	F	0.16%
KDP	C	0.16%
BG	F	0.16%
POST	D	0.16%
USFD	C	0.16%
SYY	D	0.16%
FLO	D	0.16%
INGR	B	0.16%
GIS	C	0.16%
COKE	C	0.16%
LAMR	C	0.15%
CBRE	B	0.15%
HHH	C	0.15%
HST	D	0.15%
JLL	C	0.15%
MPW	C	0.15%
SEG	D	0.15%
WY	C	0.15%
PK	D	0.15%
VNO	A	0.15%
MCK	F	0.15%
REG	C	0.14%
CSGP	F	0.14%
UDR	C	0.14%
INVH	F	0.14%
KIM	C	0.14%
AVB	C	0.14%
GLPI	A	0.14%
CCI	C	0.14%
VTR	C	0.14%
FRT	D	0.14%
ADC	B	0.14%
VICI	C	0.14%
CUBE	C	0.14%
COLD	D	0.14%
ARE	D	0.14%
PSA	C	0.14%
OHI	C	0.14%
NSA	C	0.14%
NNN	A	0.14%
BRX	C	0.14%
STAG	D	0.14%
EXR	C	0.14%
IRM	A	0.14%
DLR	C	0.14%
CPT	C	0.14%
O	A	0.14%
CUZ	C	0.14%
FR	D	0.14%
DOC	C	0.14%
WPC	C	0.14%
HIW	C	0.14%
EGP	D	0.14%
EPR	C	0.14%
REXR	D	0.14%
RYN	C	0.14%
SPG	A	0.14%
BXP	C	0.14%
SUI	D	0.13%
AMH	D	0.13%
ESS	D	0.13%
EQR	C	0.13%
MAA	D	0.13%
MASI	B	0.1%
WST	D	0.09%
HSIC	D	0.09%
CTLT	A	0.09%
ALNY	C	0.09%
AZTA	F	0.09%
A	B	0.09%
CHE	C	0.09%
TECH	D	0.09%
EHC	B	0.09%
BRKR	D	0.09%
NVST	D	0.09%
CERT	F	0.09%
GEHC	C	0.09%
UTHR	C	0.09%
WAT	B	0.09%
ALGN	D	0.09%
DOCS	A	0.09%
ITCI	D	0.08%
COHR	A	0.08%
APP	A	0.08%
RARE	D	0.08%
MRNA	F	0.08%
OGN	F	0.08%
LSCC	D	0.08%
NBIX	F	0.08%
INTC	D	0.08%
IONS	F	0.08%
RMD	C	0.08%
PRGO	F	0.08%
PEN	D	0.08%
VEEV	C	0.08%
SRPT	F	0.08%
MEDP	F	0.08%
FTRE	F	0.08%
MOH	D	0.08%
ISRG	C	0.08%
STE	D	0.08%
WOLF	F	0.08%
AVTR	D	0.08%
EW	F	0.08%
DXCM	F	0.08%
CI	D	0.08%
EXAS	C	0.08%
VKTX	B	0.08%
IDXX	D	0.08%
VTRS	D	0.08%
BIIB	F	0.08%
SOLV	C	0.08%
HUM	F	0.08%
IQV	F	0.08%
EXEL	B	0.08%
BAX	D	0.08%
AMGN	D	0.08%
UHS	D	0.08%
INSP	C	0.08%
ELAN	C	0.08%
CNC	F	0.08%
PFE	D	0.08%
DGX	C	0.08%
CAH	B	0.08%
GMED	D	0.08%
RCM	B	0.08%
NTRA	B	0.08%
AMED	D	0.08%
HOLX	D	0.08%
INCY	B	0.08%
TXG	F	0.08%
GILD	A	0.08%
PODD	C	0.08%
ENOV	F	0.08%
RPRX	D	0.08%
XRAY	D	0.08%
SHC	C	0.08%
TFX	C	0.08%
CRL	F	0.08%
ZTS	C	0.08%
BDX	C	0.08%
QGEN	F	0.08%
RGEN	F	0.08%
ZBH	F	0.08%
HCA	C	0.08%
ILMN	B	0.08%
BIO	B	0.08%
THC	D	0.08%
DVA	C	0.08%
MSTR	B	0.08%
JAZZ	F	0.08%
PINC	F	0.08%
CDW	D	0.07%
MSCI	B	0.07%
RLI	A	0.07%
CAR	F	0.07%
FNF	B	0.07%
PNC	C	0.07%
MTG	B	0.07%
HBAN	D	0.07%
KEY	C	0.07%
FTNT	B	0.07%
GS	D	0.07%
BSY	D	0.07%
BOKF	D	0.07%
APLS	F	0.07%
NTAP	D	0.07%
DDOG	C	0.07%
KBR	B	0.07%
RJF	B	0.07%
PFG	C	0.07%
DBX	B	0.07%
IBM	A	0.07%
DFS	C	0.07%
EPAM	F	0.07%
TOST	B	0.07%
ZM	C	0.07%
ORCL	C	0.07%
RYAN	A	0.07%
APPF	C	0.07%
BK	C	0.07%
ON	F	0.07%
DT	B	0.07%
ESTC	F	0.07%
GWRE	A	0.07%
PRI	A	0.07%
HLI	B	0.07%
AVGO	C	0.07%
TER	C	0.07%
FITB	C	0.07%
SCHW	D	0.07%
NTRS	C	0.07%
CNA	D	0.07%
MORN	C	0.07%
TROW	D	0.07%
AIZ	B	0.07%
HOOD	C	0.07%
CMA	C	0.07%
W	D	0.07%
PLTR	A	0.07%
PNFP	D	0.07%
RF	C	0.07%
CRBG	B	0.07%
MCHP	F	0.07%
BRO	A	0.07%
ENTG	D	0.07%
MANH	C	0.07%
AXS	A	0.07%
ACGL	B	0.07%
ACHC	F	0.07%
ADSK	C	0.07%
OMF	F	0.07%
FFIV	B	0.07%
BEN	F	0.07%
MPWR	B	0.07%
BX	C	0.07%
WYNN	B	0.07%
KLAC	B	0.07%
MTB	C	0.07%
JEF	A	0.07%
HPQ	B	0.07%
CACC	F	0.07%
IT	B	0.07%
PATH	F	0.07%
DELL	C	0.07%
ALLY	F	0.07%
GLW	C	0.07%
DOX	B	0.07%
SOFI	C	0.07%
FDS	C	0.07%
NCNO	D	0.07%
EQH	C	0.07%
STT	C	0.07%
BLK	A	0.07%
ZION	D	0.07%
GDDY	D	0.07%
SNX	D	0.07%
LVS	B	0.07%
WTW	C	0.07%
HIG	B	0.07%
LNC	D	0.07%
MTCH	B	0.07%
AKAM	D	0.07%
TPG	B	0.07%
PEGA	C	0.07%
DLB	C	0.07%
CFR	D	0.07%
UNM	A	0.07%
RNG	D	0.07%
PSN	A	0.07%
JHG	B	0.07%
PCOR	D	0.07%
S	D	0.07%
C	C	0.07%
AVT	C	0.07%
WBS	D	0.07%
HUBS	D	0.07%
AMG	B	0.07%
WTFC	C	0.07%
ARW	C	0.07%
AMD	B	0.07%
EVR	C	0.07%
WFC	F	0.07%
TDC	D	0.07%
DASH	B	0.07%
SMAR	A	0.07%
IBKR	A	0.07%
WAL	C	0.07%
WDC	C	0.07%
EWBC	D	0.07%
RH	C	0.07%
CACI	A	0.07%
MTSI	C	0.07%
TW	A	0.07%
CLVT	D	0.07%
SF	A	0.07%
SLM	C	0.07%
LRCX	D	0.07%
PINS	C	0.07%
COLB	C	0.07%
CRWD	D	0.07%
ONTO	C	0.07%
IAC	D	0.07%
AMAT	B	0.07%
ARES	A	0.07%
LPLA	C	0.07%
DOCU	B	0.07%
APO	B	0.07%
OWL	A	0.07%
IVZ	B	0.07%
CG	B	0.07%
VRT	B	0.07%
RNR	A	0.07%
KKR	C	0.07%
ALGM	F	0.07%
TWLO	B	0.07%
IPGP	D	0.07%
JBL	C	0.07%
COIN	F	0.07%
HPE	B	0.07%
U	D	0.07%
ADBE	F	0.06%
DPZ	D	0.06%
NVR	B	0.06%
MSGS	A	0.06%
PHM	A	0.06%
MAT	D	0.06%
BIRK	F	0.06%
POOL	B	0.06%
COTY	F	0.06%
PVH	F	0.06%
VAC	D	0.06%
TTD	A	0.06%
TOL	A	0.06%
YETI	C	0.06%
HD	A	0.06%
AN	D	0.06%
KSS	D	0.06%
PLTK	C	0.06%
DIS	D	0.06%
GNTX	D	0.06%
LULU	D	0.06%
DLTR	F	0.06%
TPX	C	0.06%
TXRH	C	0.06%
LEA	F	0.06%
ARMK	B	0.06%
OMC	C	0.06%
BYD	C	0.06%
ABNB	D	0.06%
SITE	D	0.06%
MAR	B	0.06%
MDB	D	0.06%
CCL	C	0.06%
TNL	C	0.06%
GME	D	0.06%
DJT	F	0.06%
MGM	C	0.06%
ETSY	F	0.06%
TPR	C	0.06%
LYFT	D	0.06%
TRIP	F	0.06%
APTV	D	0.06%
NWL	F	0.06%
UBER	C	0.06%
CRUS	D	0.06%
SPOT	C	0.06%
RL	B	0.06%
LYV	B	0.06%
FND	C	0.06%
CPNG	C	0.06%
RCL	C	0.06%
HOG	D	0.06%
TKO	A	0.06%
UAL	B	0.06%
CROX	C	0.06%
EXPE	B	0.06%
HAS	B	0.06%
LEG	D	0.06%
WBD	D	0.06%
TSLA	C	0.06%
VFC	B	0.06%
OLED	C	0.06%
AIG	F	0.06%
WSM	B	0.06%
CHH	C	0.06%
ROP	C	0.06%
UWMC	D	0.06%
SMCI	F	0.06%
CZR	B	0.06%
NKE	D	0.06%
WHR	C	0.06%
ANSS	D	0.06%
GTLB	D	0.06%
BWA	C	0.06%
THO	C	0.06%
NU	D	0.06%
UHAL	B	0.06%
NCLH	C	0.06%
DAL	C	0.06%
HCP	A	0.06%
WDAY	D	0.06%
XP	F	0.06%
AGO	B	0.06%
MKL	C	0.06%
CBOE	B	0.06%
TEAM	D	0.06%
FOXA	A	0.06%
NTNX	C	0.06%
QRVO	F	0.06%
DV	F	0.06%
SWKS	F	0.06%
INFA	D	0.06%
EL	D	0.06%
DDS	D	0.06%
BBWI	F	0.06%
L	D	0.06%
KMPR	D	0.06%
TYL	B	0.06%
CBSH	D	0.06%
PRU	C	0.06%
NET	D	0.06%
ICE	A	0.06%
SPGI	B	0.06%
RGA	C	0.06%
BHF	F	0.06%
PTC	D	0.06%
TFSL	F	0.06%
EG	B	0.06%
MCO	D	0.06%
WTM	C	0.06%
PB	D	0.06%
DXC	B	0.06%
VIRT	B	0.06%
MKTX	B	0.06%
MMC	D	0.06%
PAYC	D	0.06%
GLOB	C	0.06%
SSNC	C	0.06%
PYCR	D	0.06%
VRSN	B	0.06%
CVNA	A	0.06%
KD	D	0.06%
OKTA	F	0.06%
NDAQ	B	0.06%
SNOW	F	0.06%
WRB	C	0.06%
SEIC	B	0.06%
SNV	D	0.06%
DUOL	B	0.06%
CINF	B	0.06%
AFG	B	0.06%
FHB	D	0.06%
UAA	B	0.06%
DNB	D	0.06%
JPM	D	0.06%
BR	B	0.06%
THG	C	0.06%
CFLT	F	0.06%
KNSL	C	0.06%
RKT	D	0.06%
FHN	D	0.06%
FAF	C	0.06%
ALL	C	0.06%
FCNCA	D	0.06%
SAIC	A	0.06%
BAC	D	0.06%
MS	B	0.06%
PSTG	F	0.06%
DAY	B	0.06%
APH	D	0.06%
FNB	D	0.06%
LAD	C	0.06%
GFS	F	0.06%
BPOP	D	0.06%
ZI	D	0.06%
GL	C	0.06%
TFC	D	0.06%
PANW	D	0.06%
ZS	F	0.06%
BMRN	F	0.06%
QCOM	C	0.06%
AGNC	C	0.06%
AFL	A	0.06%
ORI	B	0.06%
STWD	C	0.06%
VOYA	A	0.06%
OZK	D	0.06%
FIVN	F	0.06%
CFG	D	0.06%
AMKR	F	0.06%
DCI	C	0.05%
EFX	C	0.05%
WSO	C	0.05%
CTAS	C	0.05%
ROK	C	0.05%
LSTR	F	0.05%
AFRM	C	0.05%
APG	F	0.05%
SPR	F	0.05%
LHX	A	0.05%
BAH	A	0.05%
LNW	F	0.05%
IEX	D	0.05%
KEX	C	0.05%
RHI	D	0.05%
XPO	F	0.05%
CSL	A	0.05%
G	A	0.05%
PAYX	A	0.05%
HII	F	0.05%
VMI	B	0.05%
SQ	D	0.05%
FLS	B	0.05%
VSTS	D	0.05%
SNA	A	0.05%
WWD	C	0.05%
GPK	D	0.05%
COF	C	0.05%
MKSI	F	0.05%
FI	A	0.05%
MSA	F	0.05%
SHW	C	0.05%
PWR	B	0.05%
LMT	A	0.05%
AXTA	C	0.05%
XYL	C	0.05%
FCN	C	0.05%
AXON	A	0.05%
FTV	C	0.05%
ITW	B	0.05%
FIS	B	0.05%
MDU	C	0.05%
EEFT	F	0.05%
PCAR	C	0.05%
FICO	A	0.05%
ALLE	A	0.05%
LCID	D	0.05%
SAIA	D	0.05%
ATR	A	0.05%
GXO	D	0.05%
AOS	B	0.05%
MMM	C	0.05%
GTES	C	0.05%
NSC	D	0.05%
VLTO	A	0.05%
CHDN	D	0.05%
AYI	A	0.05%
SNDR	C	0.05%
CR	C	0.05%
TTC	D	0.05%
GGG	C	0.05%
VNT	F	0.05%
MSM	D	0.05%
SYF	B	0.05%
TRMB	B	0.05%
MLM	F	0.05%
TTEK	A	0.05%
RPM	B	0.05%
CCK	C	0.05%
ADP	A	0.05%
CGNX	F	0.05%
ESAB	C	0.05%
JBHT	D	0.05%
EME	C	0.05%
LII	C	0.05%
CNH	D	0.05%
NWSA	D	0.05%
BALL	C	0.05%
TTWO	F	0.05%
MHK	B	0.05%
TRU	A	0.05%
MAS	A	0.05%
TREX	D	0.05%
VMC	D	0.05%
SSD	B	0.05%
DD	C	0.05%
BILL	D	0.05%
OLLI	C	0.05%
MTZ	A	0.05%
GE	C	0.05%
GNRC	B	0.05%
ODFL	F	0.05%
MIDD	D	0.05%
PNR	B	0.05%
WAB	B	0.05%
NDSN	C	0.05%
GPC	D	0.05%
BERY	C	0.05%
JCI	C	0.05%
TDY	A	0.05%
AL	D	0.05%
MTD	B	0.05%
BROS	F	0.05%
PH	B	0.05%
EXP	B	0.05%
MTN	D	0.05%
OC	C	0.05%
LFUS	D	0.05%
KNX	D	0.05%
COLM	D	0.05%
ST	F	0.05%
WING	C	0.05%
ROL	C	0.05%
AWI	A	0.05%
HEI	C	0.05%
BC	D	0.05%
AMCR	C	0.05%
HUBB	B	0.05%
ITT	C	0.05%
TSCO	B	0.05%
RBLX	D	0.05%
LECO	F	0.05%
CPRT	C	0.05%
HAYW	C	0.05%
CNXC	F	0.05%
NVT	D	0.05%
ACM	A	0.05%
RBA	D	0.05%
AZEK	C	0.05%
PKG	B	0.05%
AGCO	D	0.05%
AAL	D	0.05%
WCC	D	0.05%
SLGN	C	0.05%
SBUX	C	0.05%
SEE	D	0.05%
ELF	F	0.05%
BLDR	B	0.05%
CRI	D	0.05%
BLD	D	0.05%
PYPL	C	0.05%
WMS	D	0.05%
CMI	A	0.05%
BWXT	A	0.05%
J	F	0.05%
BFAM	B	0.05%
NFLX	B	0.05%
CW	A	0.05%
MUSA	D	0.05%
DKS	D	0.05%
ALSN	A	0.05%
SWK	C	0.05%
JWN	D	0.05%
SW	C	0.05%
ORLY	A	0.05%
PCTY	B	0.05%
EA	D	0.05%
FIVE	D	0.05%
RRX	C	0.05%
LUV	B	0.05%
CAT	A	0.05%
H	C	0.05%
CPRI	B	0.05%
GM	D	0.05%
DHI	C	0.05%
ULTA	D	0.05%
EBAY	A	0.05%
R	C	0.05%
HRB	C	0.05%
FIX	B	0.05%
F	D	0.05%
BJ	C	0.05%
LKQ	F	0.05%
AAON	B	0.05%
CNM	F	0.05%
LOPE	D	0.05%
NXST	F	0.05%
PARA	F	0.05%
HLT	B	0.05%
ATI	C	0.05%
IPG	D	0.05%
PAG	D	0.05%
DRI	C	0.05%
GEV	A	0.05%
LEN	B	0.05%
TGT	D	0.05%
WEN	D	0.05%
SKX	D	0.05%
KMX	F	0.05%
GRMN	D	0.05%
WEX	C	0.05%
ALK	C	0.05%
QS	F	0.05%
SCI	D	0.05%
M	F	0.05%
DECK	B	0.05%
SN	A	0.05%
LPX	C	0.05%
CHRW	C	0.05%
GAP	F	0.05%
VVV	F	0.05%
ZBRA	C	0.05%
PII	D	0.05%
FOUR	B	0.05%
DKNG	D	0.05%
AAP	F	0.05%
DG	F	0.05%
PLNT	B	0.05%
PENN	D	0.05%
NYT	C	0.05%
BBY	C	0.05%
WH	C	0.05%
SON	D	0.04%
GPN	F	0.04%
WSC	D	0.04%
VRSK	C	0.04%
WU	D	0.04%
GD	C	0.04%
RIVN	F	0.04%
OSK	F	0.04%
BA	F	0.04%
ADTN	C	0.04%
CXT	F	0.04%
EXPD	D	0.04%
MAN	D	0.04%

EQAL Underweight 3 Positions Relative to JEPI

Symbol	Grade	Weight
NXPI	F	-1.34%
ASML	F	-0.45%
STX	B	-0.41%