EQAL vs. JPST ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to JPMorgan Ultra-Short Income ETF (JPST)

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

$48.22

Average Daily Volume

22,997

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.69

Average Daily Volume

4,068,534

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	JPST
30 Days	2.84%	0.62%
60 Days	4.39%	1.33%
90 Days	8.07%	1.45%
12 Months	21.35%	4.28%

87 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in JPST	Overlap
AAPL	C	0.07%	0.12%	0.07%
ABBV	C	0.09%	0.04%	0.04%
ABT	C	0.09%	0.01%	0.01%
AEP	C	0.24%	0.05%	0.05%
AIG	D	0.06%	0.01%	0.01%
AL	D	0.04%	0.05%	0.04%
ARES	A	0.07%	0.03%	0.03%
ATO	B	0.23%	0.3%	0.23%
AXP	B	0.05%	0.01%	0.01%
AZO	D	0.05%	0.02%	0.02%
BA	F	0.04%	0.18%	0.04%
BAC	D	0.06%	0.01%	0.01%
BG	D	0.15%	0.06%	0.06%
BHF	D	0.06%	0.04%	0.04%
BK	A	0.07%	0.01%	0.01%
BMY	C	0.09%	0.01%	0.01%
BX	B	0.07%	0.07%	0.07%
C	D	0.06%	0.01%	0.01%
CAG	C	0.18%	0.13%	0.13%
CAT	B	0.05%	0.01%	0.01%
CFG	C	0.07%	0.07%	0.07%
CHD	C	0.15%	0.03%	0.03%
CI	C	0.09%	0.08%	0.08%
CNP	D	0.18%	0.14%	0.14%
COF	A	0.05%	0.04%	0.04%
CSL	B	0.04%	0.01%	0.01%
D	B	0.23%	0.17%	0.17%
DE	B	0.05%	0.01%	0.01%
DHR	C	0.09%	0.01%	0.01%
DIS	D	0.05%	0.02%	0.02%
DT	C	0.08%	0.08%	0.08%
DUK	B	0.24%	0.08%	0.08%
EQH	C	0.06%	0.35%	0.06%
ES	C	0.24%	0.01%	0.01%
ETN	C	0.04%	0.02%	0.02%
ETR	A	0.24%	0.16%	0.16%
FITB	B	0.07%	0.1%	0.07%
GILD	B	0.1%	0.13%	0.1%
GM	B	0.05%	0.1%	0.05%
GS	C	0.06%	0.01%	0.01%
HBAN	B	0.07%	0.01%	0.01%
HON	D	0.04%	0.02%	0.02%
HUM	F	0.07%	0.09%	0.07%
IBM	A	0.08%	0.01%	0.01%
ICE	C	0.08%	0.01%	0.01%
IFF	C	0.25%	0.08%	0.08%
JBHT	D	0.05%	0.09%	0.05%
KDP	B	0.17%	0.31%	0.17%
KEY	B	0.07%	0.01%	0.01%
KKR	A	0.07%	0.04%	0.04%
KR	C	0.18%	0.07%	0.07%
LDOS	B	0.07%	0.26%	0.07%
MCD	B	0.06%	0.29%	0.06%
MCO	A	0.07%	0.01%	0.01%
MDLZ	C	0.18%	0.04%	0.04%
MET	A	0.07%	0.01%	0.01%
MLM	D	0.04%	0.09%	0.04%
MMM	A	0.06%	0.01%	0.01%
MS	C	0.06%	0.05%	0.05%
NEE	C	0.23%	0.03%	0.03%
NEM	B	0.29%	0.08%	0.08%
ORCL	B	0.07%	0.04%	0.04%
PFE	C	0.08%	0.01%	0.01%
PFG	B	0.06%	0.01%	0.01%
PM	C	0.2%	0.01%	0.01%
PNC	A	0.07%	0.01%	0.01%
PSX	D	0.18%	0.01%	0.01%
R	B	0.05%	0.03%	0.03%
ROP	C	0.06%	0.03%	0.03%
SBUX	C	0.06%	0.06%	0.06%
SCHW	D	0.05%	0.01%	0.01%
SEB	C	0.17%	0.06%	0.06%
SNX	D	0.05%	0.23%	0.05%
SO	A	0.23%	0.11%	0.11%
STT	B	0.07%	0.08%	0.07%
T	C	0.61%	0.14%	0.14%
TDY	C	0.05%	0.22%	0.05%
TFC	D	0.07%	0.01%	0.01%
TMO	C	0.09%	0.74%	0.09%
UNH	C	0.1%	0.01%	0.01%
USB	B	0.07%	0.01%	0.01%
VTRS	D	0.09%	0.1%	0.09%
VZ	B	0.56%	0.16%	0.16%
WEC	B	0.24%	0.09%	0.09%
WFC	D	0.05%	0.11%	0.05%
WLK	D	0.21%	0.02%	0.02%
XOM	D	0.2%	0.06%	0.06%

EQAL Overweight 875 Positions Relative to JPST

Symbol	Grade	Weight
FYBR	C	0.73%
UI	A	0.73%
ROKU	C	0.7%
CHTR	D	0.61%
LBRDK	F	0.61%
TMUS	C	0.59%
CIEN	C	0.59%
LITE	B	0.58%
MSI	B	0.58%
JNPR	A	0.56%
CSCO	B	0.54%
CMCSA	D	0.53%
ANET	A	0.53%
IRDM	D	0.53%
RGLD	B	0.27%
FMC	C	0.27%
RBC	C	0.25%
CF	C	0.25%
LIN	B	0.25%
NEU	D	0.25%
FAST	C	0.25%
TRGP	B	0.24%
CMS	B	0.24%
AEE	A	0.24%
MP	D	0.24%
EIX	C	0.24%
PNW	B	0.24%
EMN	B	0.24%
NI	B	0.24%
XEL	B	0.24%
ECL	A	0.24%
APD	B	0.24%
IP	C	0.24%
SMG	C	0.24%
IDA	C	0.23%
OKE	B	0.23%
TKR	D	0.23%
DTE	B	0.23%
AVY	D	0.23%
VVV	D	0.23%
AWK	C	0.23%
RS	D	0.23%
OGE	B	0.23%
EVRG	B	0.23%
PEG	A	0.23%
PPL	B	0.23%
ED	C	0.23%
EXC	B	0.23%
LYB	F	0.23%
FE	C	0.23%
LNT	B	0.23%
WMB	B	0.22%
SRCL	B	0.22%
RSG	D	0.22%
ESI	D	0.22%
LNG	C	0.22%
HUN	D	0.22%
ALB	F	0.22%
SRE	B	0.22%
NFG	B	0.22%
DTM	A	0.22%
CWEN	B	0.22%
X	D	0.22%
HXL	F	0.22%
PCG	B	0.22%
K	A	0.22%
BKR	C	0.21%
ASH	D	0.21%
STLD	D	0.21%
TPL	A	0.21%
UGI	C	0.21%
COKE	C	0.21%
SCCO	D	0.21%
WTRG	D	0.21%
NUE	F	0.21%
CLH	A	0.21%
MOS	F	0.21%
KMI	A	0.21%
KVUE	C	0.2%
FTI	D	0.2%
EOG	D	0.2%
FCX	D	0.2%
ENPH	D	0.2%
OLN	D	0.2%
NRG	A	0.2%
WM	D	0.2%
VNO	B	0.2%
AM	B	0.2%
AGR	B	0.2%
CE	F	0.2%
COP	D	0.19%
VTR	C	0.19%
CBRE	A	0.19%
MRO	C	0.19%
AA	D	0.19%
IRM	B	0.19%
MPC	D	0.19%
INGR	B	0.19%
AES	C	0.19%
MKC	C	0.19%
CLX	C	0.19%
CL	C	0.18%
FRPT	B	0.18%
AMT	C	0.18%
TSN	D	0.18%
BRX	B	0.18%
SLB	F	0.18%
VLO	F	0.18%
NOV	D	0.18%
PSA	B	0.18%
CCI	C	0.18%
CPB	B	0.18%
FANG	D	0.18%
ADC	C	0.18%
CVX	D	0.18%
OHI	C	0.18%
REYN	B	0.18%
USFD	B	0.18%
POST	C	0.18%
HIW	B	0.18%
SUI	C	0.18%
WELL	C	0.18%
KIM	C	0.18%
CLF	F	0.18%
CUZ	B	0.18%
SBAC	C	0.18%
FSLR	C	0.18%
PPC	D	0.18%
KO	B	0.18%
VST	A	0.18%
SWN	D	0.18%
BXP	B	0.18%
MO	C	0.18%
PG	C	0.17%
FRT	C	0.17%
BRBR	C	0.17%
CASY	D	0.17%
HRL	D	0.17%
DOC	C	0.17%
DINO	F	0.17%
Z	B	0.17%
OVV	F	0.17%
EPR	B	0.17%
MPW	C	0.17%
MAA	C	0.17%
HAL	F	0.17%
SYY	D	0.17%
FR	C	0.17%
CTVA	B	0.17%
PEP	D	0.17%
CTRA	D	0.17%
PR	D	0.17%
APA	F	0.17%
GLPI	C	0.17%
RRC	D	0.17%
ELS	C	0.17%
CEG	A	0.17%
TAP	D	0.17%
PLD	C	0.17%
CUBE	B	0.17%
SJM	C	0.17%
VICI	C	0.17%
JLL	B	0.17%
KHC	C	0.17%
O	C	0.17%
MTDR	F	0.17%
CHK	D	0.17%
PFGC	B	0.17%
REG	C	0.17%
CC	F	0.17%
HES	D	0.17%
HSY	D	0.17%
DVN	D	0.17%
EQT	D	0.17%
GIS	B	0.17%
WFRD	F	0.16%
DLR	B	0.16%
ADM	D	0.16%
CIVI	F	0.16%
WY	C	0.16%
DAR	F	0.16%
ESS	C	0.16%
LAMR	A	0.16%
CHRD	F	0.16%
KRC	B	0.16%
STAG	D	0.16%
SPB	B	0.16%
EGP	C	0.16%
WPC	C	0.16%
REXR	C	0.16%
SPG	A	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%
OXY	F	0.16%
MNST	D	0.16%
EQR	C	0.16%
COLD	D	0.16%
AR	D	0.16%
UDR	C	0.16%
AVB	C	0.16%
NNN	C	0.16%
INVH	C	0.15%
SAM	F	0.15%
CVS	F	0.15%
RYN	C	0.15%
ARE	C	0.15%
STZ	D	0.15%
CSGP	D	0.15%
ACI	F	0.15%
MCK	F	0.14%
HST	C	0.14%
PK	D	0.13%
ALNY	C	0.13%
RARE	B	0.12%
EXAS	C	0.12%
LW	D	0.12%
GO	F	0.12%
DOCS	A	0.11%
SHC	C	0.11%
RGEN	F	0.1%
VEEV	C	0.1%
ILMN	C	0.1%
TFX	C	0.1%
EXEL	C	0.1%
INSP	C	0.1%
UHS	B	0.1%
AVTR	C	0.1%
VKTX	C	0.1%
NFE	F	0.1%
SOLV	C	0.1%
LLY	C	0.09%
AMED	C	0.09%
PRGO	F	0.09%
AMGN	B	0.09%
CHE	C	0.09%
SYK	C	0.09%
CAH	C	0.09%
PINC	D	0.09%
NVST	D	0.09%
QGEN	C	0.09%
BSX	B	0.09%
CTLT	B	0.09%
EHC	B	0.09%
GEHC	C	0.09%
WBA	F	0.09%
UTHR	C	0.09%
CNC	C	0.09%
HOLX	C	0.09%
REGN	C	0.09%
IQV	D	0.09%
JNJ	C	0.09%
RCM	C	0.09%
DGX	C	0.09%
MDT	C	0.09%
STE	C	0.09%
BIO	C	0.09%
TXG	D	0.09%
ZTS	C	0.09%
DVA	B	0.09%
PEN	D	0.09%
ISRG	C	0.09%
ACHC	C	0.09%
MOH	D	0.09%
PODD	B	0.09%
BAX	C	0.09%
HCA	A	0.09%
NTRA	B	0.09%
THC	B	0.09%
RMD	C	0.09%
AFL	C	0.08%
FAF	C	0.08%
FNF	B	0.08%
TYL	C	0.08%
PSN	B	0.08%
FFIV	B	0.08%
U	D	0.08%
PB	B	0.08%
ALGN	D	0.08%
SMAR	C	0.08%
CBOE	C	0.08%
DNB	D	0.08%
CINF	C	0.08%
S	C	0.08%
NDAQ	A	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%
TECH	D	0.08%
LCID	D	0.08%
BDX	F	0.08%
COLB	B	0.08%
FTNT	B	0.08%
ZBH	F	0.08%
UWMC	D	0.08%
JAZZ	D	0.08%
OGN	D	0.08%
ITCI	D	0.08%
BMRN	F	0.08%
MKTX	C	0.08%
XRAY	D	0.08%
IDXX	D	0.08%
TPG	B	0.08%
IONS	D	0.08%
SRPT	D	0.08%
VRTX	D	0.08%
INCY	C	0.08%
ELV	C	0.08%
WAL	B	0.08%
HSIC	D	0.08%
A	C	0.08%
MDB	D	0.08%
RPRX	D	0.08%
GMED	D	0.08%
VIRT	C	0.08%
RKT	C	0.08%
PLTR	A	0.08%
APP	B	0.08%
CELH	F	0.08%
GLW	B	0.07%
TEAM	D	0.07%
INTU	C	0.07%
META	A	0.07%
AGNC	B	0.07%
RBLX	B	0.07%
TSLA	C	0.07%
CPRI	D	0.07%
TFSL	D	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%
ADSK	C	0.07%
JHG	B	0.07%
IVZ	B	0.07%
FHN	D	0.07%
COHR	B	0.07%
NTRS	B	0.07%
MORN	B	0.07%
AXS	B	0.07%
CRUS	D	0.07%
SLM	D	0.07%
AZTA	F	0.07%
WBS	D	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%
AKAM	D	0.07%
CB	B	0.07%
SN	B	0.07%
DOX	C	0.07%
PHM	B	0.07%
CACI	B	0.07%
CNXC	F	0.07%
ZION	D	0.07%
IAC	C	0.07%
CME	C	0.07%
WTFC	C	0.07%
RIVN	F	0.07%
EWBC	D	0.07%
TWLO	C	0.07%
GDDY	C	0.07%
BRO	C	0.07%
TW	B	0.07%
BRK.A	C	0.07%
PANW	C	0.07%
EPAM	F	0.07%
TRV	B	0.07%
DHI	C	0.07%
IT	A	0.07%
HIG	B	0.07%
FTRE	D	0.07%
CTSH	C	0.07%
MEDP	D	0.07%
WTW	C	0.07%
FCNCA	D	0.07%
MASI	D	0.07%
AJG	D	0.07%
DXC	C	0.07%
CNA	D	0.07%
MTB	A	0.07%
RNR	B	0.07%
FHB	D	0.07%
MANH	A	0.07%
ADBE	F	0.07%
AIZ	B	0.07%
ORI	B	0.07%
BLK	B	0.07%
BOKF	B	0.07%
ZM	C	0.07%
BPOP	C	0.07%
UNM	B	0.07%
CBSH	D	0.07%
HLI	A	0.07%
PAYC	D	0.07%
ALL	B	0.07%
CLVT	D	0.07%
MRK	D	0.07%
MTCH	C	0.07%
RYAN	C	0.07%
PEGA	C	0.07%
BFAM	B	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%
RF	B	0.07%
WDAY	D	0.07%
EVR	A	0.07%
GLOB	D	0.07%
WST	D	0.07%
NBIX	F	0.07%
DAY	D	0.07%
DASH	B	0.07%
THG	C	0.07%
AON	B	0.07%
SSNC	B	0.07%
BIIB	F	0.07%
SOFI	C	0.07%
SPGI	A	0.07%
SNV	C	0.07%
PYCR	D	0.07%
PGR	A	0.07%
APLS	F	0.07%
CRL	F	0.07%
PNFP	A	0.07%
NOW	A	0.07%
CMA	A	0.07%
NU	B	0.07%
HOG	C	0.06%
KMX	D	0.06%
SNOW	F	0.06%
BLDR	C	0.06%
TJX	C	0.06%
GEV	B	0.06%
TROW	D	0.06%
SPOT	B	0.06%
G	C	0.06%
TTD	B	0.06%
KD	D	0.06%
LMT	B	0.06%
THO	D	0.06%
PCOR	F	0.06%
CRI	D	0.06%
MAT	C	0.06%
SNDR	C	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%
NTAP	D	0.06%
HPQ	D	0.06%
OMF	D	0.06%
OMC	B	0.06%
EFX	C	0.06%
CHH	C	0.06%
RCL	A	0.06%
PH	A	0.06%
LOW	A	0.06%
NCLH	C	0.06%
HAS	B	0.06%
VSTS	D	0.06%
SCI	C	0.06%
LNC	D	0.06%
LNW	B	0.06%
DV	F	0.06%
APH	C	0.06%
MUSA	D	0.06%
JBL	D	0.06%
NCNO	D	0.06%
CRBG	D	0.06%
AMD	D	0.06%
ZS	F	0.06%
CPNG	A	0.06%
PLNT	B	0.06%
UHAL	B	0.06%
CDW	D	0.06%
ARMK	C	0.06%
FOXA	B	0.06%
QRVO	F	0.06%
WTM	D	0.06%
NWL	D	0.06%
BYD	C	0.06%
SWKS	F	0.06%
GRMN	D	0.06%
BSY	D	0.06%
CG	D	0.06%
DDOG	D	0.06%
AVGO	C	0.06%
MSFT	C	0.06%
AVT	C	0.06%
APO	B	0.06%
DUOL	A	0.06%
VRT	C	0.06%
KBR	D	0.06%
BURL	C	0.06%
MTSI	D	0.06%
AXON	A	0.06%
ADI	C	0.06%
APPF	D	0.06%
ARW	C	0.06%
OWL	C	0.06%
WMT	B	0.06%
EBAY	B	0.06%
OLED	C	0.06%
RH	B	0.06%
PTC	D	0.06%
FICO	B	0.06%
ANSS	D	0.06%
QS	F	0.06%
TRU	B	0.06%
HRB	C	0.06%
AGO	C	0.06%
AMP	B	0.06%
MHK	C	0.06%
EW	F	0.06%
VRSN	D	0.06%
PRU	C	0.06%
MKL	C	0.06%
HOOD	C	0.06%
EG	C	0.06%
NET	D	0.06%
LEN	C	0.06%
MRVL	C	0.06%
HCP	A	0.06%
KMPR	D	0.06%
TXN	C	0.06%
NVR	B	0.06%
DFS	B	0.06%
AFRM	C	0.06%
SEIC	C	0.06%
TOST	A	0.06%
RNG	D	0.06%
ON	F	0.06%
ELAN	D	0.06%
RGA	B	0.06%
L	D	0.06%
OZK	D	0.06%
VFC	C	0.06%
CERT	F	0.06%
IBKR	A	0.06%
STWD	B	0.06%
VOYA	B	0.06%
XP	D	0.06%
SF	A	0.06%
TOL	B	0.06%
RJF	C	0.06%
JPM	D	0.06%
CRM	D	0.06%
AFG	B	0.06%
CNH	D	0.05%
LSCC	D	0.05%
KSS	F	0.05%
ROK	F	0.05%
AME	C	0.05%
CMG	C	0.05%
PSTG	F	0.05%
NKE	D	0.05%
MSM	D	0.05%
TRMB	C	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%
DD	B	0.05%
FTV	C	0.05%
ETSY	F	0.05%
F	F	0.05%
TXT	D	0.05%
DAL	C	0.05%
EME	A	0.05%
MTZ	B	0.05%
WSM	D	0.05%
LSTR	F	0.05%
SQ	D	0.05%
MDU	B	0.05%
DKNG	C	0.05%
MIDD	D	0.05%
DOV	B	0.05%
ESAB	C	0.05%
LHX	C	0.05%
ITW	C	0.05%
SSD	C	0.05%
XPO	D	0.05%
GNRC	D	0.05%
COTY	F	0.05%
TDG	B	0.05%
DELL	C	0.05%
ITT	B	0.05%
SKX	D	0.05%
LEA	F	0.05%
GE	A	0.05%
BC	C	0.05%
AMKR	F	0.05%
V	C	0.05%
ALGM	F	0.05%
BJ	D	0.05%
PLTK	C	0.05%
SYF	C	0.05%
SNA	C	0.05%
APTV	D	0.05%
GGG	C	0.05%
PENN	C	0.05%
DKS	D	0.05%
AYI	A	0.05%
AMAT	D	0.05%
HAYW	C	0.05%
GXO	D	0.05%
WAB	A	0.05%
ATR	B	0.05%
QCOM	F	0.05%
GTES	C	0.05%
DECK	D	0.05%
JCI	B	0.05%
HII	D	0.05%
YETI	D	0.05%
DXCM	F	0.05%
FIX	A	0.05%
CR	C	0.05%
FND	C	0.05%
JKHY	C	0.05%
RRX	C	0.05%
LII	B	0.05%
FCN	C	0.05%
BWXT	C	0.05%
SPR	D	0.05%
CZR	C	0.05%
HPE	D	0.05%
TT	A	0.05%
CMI	C	0.05%
NDSN	C	0.05%
HUBB	A	0.05%
RPM	B	0.05%
PAYX	C	0.05%
GFS	F	0.05%
RL	B	0.05%
J	C	0.05%
MAR	C	0.05%
TNL	D	0.05%
IPGP	F	0.05%
BERY	C	0.05%
GPK	B	0.05%
TXRH	C	0.05%
GWW	A	0.05%
LKQ	F	0.05%
ACM	B	0.05%
BALL	C	0.05%
AWI	B	0.05%
GPC	D	0.05%
VLTO	B	0.05%
SNPS	D	0.05%
NWSA	D	0.05%
BWA	D	0.05%
BILL	D	0.05%
ALK	C	0.05%
LPX	B	0.05%
ODFL	D	0.05%
UBER	C	0.05%
AAL	D	0.05%
KEYS	C	0.05%
H	C	0.05%
KNX	D	0.05%
TTEK	C	0.05%
CW	A	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	C	0.05%
BKNG	B	0.05%
WAT	C	0.05%
ULTA	D	0.05%
TDC	F	0.05%
PAG	D	0.05%
TTWO	D	0.05%
HLT	B	0.05%
MTN	D	0.05%
PKG	B	0.05%
YUM	F	0.05%
COLM	C	0.05%
AN	D	0.05%
ALLY	D	0.05%
WDC	D	0.05%
TSCO	C	0.05%
SLGN	B	0.05%
ADP	B	0.05%
HEI	A	0.05%
FDX	F	0.05%
ZBRA	B	0.05%
NSC	C	0.05%
CHRW	A	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	D	0.05%
NFLX	B	0.05%
RTX	C	0.05%
PCTY	C	0.05%
UAL	C	0.05%
ROL	C	0.05%
ZI	D	0.05%
TPR	C	0.05%
TPX	C	0.05%
CHDN	D	0.05%
ALSN	B	0.05%
CDNS	D	0.05%
INFA	D	0.05%
PARA	F	0.05%
OKTA	F	0.05%
MAS	B	0.05%
GPN	D	0.05%
MCHP	D	0.05%
CTAS	C	0.05%
DRI	B	0.05%
PNR	B	0.05%
LUV	C	0.05%
ORLY	D	0.05%
AAON	A	0.05%
SWK	B	0.05%
WEN	D	0.05%
CPAY	C	0.05%
CCK	A	0.05%
NXST	D	0.05%
SITE	D	0.05%
TGT	C	0.05%
ROST	C	0.05%
CARR	B	0.05%
POOL	D	0.05%
PYPL	B	0.05%
TER	D	0.05%
IPG	C	0.05%
UAA	C	0.05%
ONTO	D	0.05%
HWM	B	0.05%
WHR	C	0.05%
CACC	F	0.05%
EA	D	0.05%
NYT	C	0.05%
EXPE	C	0.05%
LYV	B	0.05%
BEN	F	0.05%
CCL	C	0.05%
COST	B	0.05%
URI	B	0.05%
GOOGL	D	0.05%
NOC	A	0.05%
HD	A	0.05%
BBY	C	0.05%
DLB	D	0.05%
KLAC	D	0.05%
ALLE	C	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%
MU	F	0.04%
NVT	D	0.04%
VNT	F	0.04%
TRIP	F	0.04%
EL	F	0.04%
WMS	D	0.04%
BIRK	F	0.04%
INTC	F	0.04%
TTC	D	0.04%
DPZ	D	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	D	0.04%
EEFT	D	0.04%
PINS	F	0.04%
M	F	0.04%
WWD	C	0.04%
CACC	F	0.04%
CRWD	D	0.04%
SAIA	D	0.04%
CROX	D	0.04%
MRNA	F	0.04%
ESTC	F	0.04%
OC	D	0.04%
GAP	F	0.04%
SEE	D	0.04%
MSA	D	0.04%
DOW	D	0.04%
FIVE	D	0.04%
LFUS	C	0.04%
EMR	D	0.04%
UPS	F	0.04%
FIVN	F	0.04%
XYL	D	0.04%
LECO	F	0.04%
LULU	D	0.04%
PVH	F	0.04%
WCC	D	0.04%
COIN	F	0.04%
LRCX	F	0.04%
MTD	D	0.04%
VAC	F	0.04%
PCAR	D	0.04%
LYFT	D	0.04%
BLD	D	0.04%
OTIS	C	0.04%
EXPD	C	0.04%
VMC	D	0.04%
AOS	D	0.04%
FLS	D	0.04%
WYNN	D	0.04%
SON	D	0.04%
IR	C	0.04%
ADTN	D	0.04%
GNTX	D	0.04%
W	D	0.04%
WU	D	0.04%
MAN	C	0.04%
IEX	D	0.04%
RHI	D	0.04%
MGM	D	0.04%
DCI	D	0.04%
PPG	D	0.04%
WSO	C	0.04%
LPLA	F	0.04%
PWR	B	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%
DLTR	F	0.03%
BBWI	F	0.03%
DG	F	0.03%
TREX	F	0.03%
WOLF	F	0.02%
SEG	D	0.01%

EQAL Underweight 24 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
AZN	D	-0.57%
CCEP	B	-0.3%
BXMT	C	-0.25%
HART	C	-0.19%
OGS	B	-0.17%
DB	B	-0.13%
HSBC	B	-0.07%
ACR	B	-0.06%
PL	F	-0.04%
BCC	C	-0.03%
BMO	C	-0.03%
MSC	F	-0.02%
GSK	D	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
EPD	B	-0.01%
JXN	B	-0.01%
UBS	D	-0.01%
RY	C	-0.01%
MUFG	D	-0.01%
NWG	C	-0.01%
TD	A	-0.01%
CM	A	-0.01%