EQAL vs. MIDU ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Direxion Mid Cap Bull 3X Shares (MIDU)

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

$47.80

Average Daily Volume

24,150

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

MIDU

Direxion Mid Cap Bull 3X Shares

MIDU Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P MidCap® 400 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P MidCap® 400 Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the mid-cap segment of the U.S. equity universe, which is a capitalization-weighted index composed of 400 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.91

Average Daily Volume

116,259

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	MIDU
30 Days	3.06%	2.89%
60 Days	3.51%	-1.37%
90 Days	7.47%	7.90%
12 Months	16.93%	42.14%

299 Overlapping Holdings

	Symbol	Grade	Weight in EQAL	Weight in MIDU	Overlap
	AA	D	0.19%	0.17%	0.17%
	AAON	A	0.05%	0.14%	0.05%
	ACHC	C	0.09%	0.17%	0.09%
	ACM	B	0.05%	0.3%	0.05%
	ADC	B	0.18%	0.17%	0.17%
	AFG	B	0.06%	0.2%	0.06%
	AGCO	D	0.04%	0.13%	0.04%
	ALGM	D	0.05%	0.05%	0.05%
	ALLY	F	0.05%	0.26%	0.05%
	AM	B	0.2%	0.11%	0.11%
	AMED	D	0.09%	0.07%	0.07%
	AMG	C	0.07%	0.12%	0.07%
	AMH	B	0.16%	0.29%	0.16%
	AMKR	D	0.05%	0.07%	0.05%
	AN	D	0.05%	0.1%	0.05%
	APPF	D	0.06%	0.11%	0.06%
	AR	D	0.16%	0.17%	0.16%
	ARMK	B	0.06%	0.22%	0.06%
	ARW	C	0.06%	0.16%	0.06%
	ASH	D	0.21%	0.1%	0.1%
	ATR	A	0.05%	0.23%	0.05%
	AVT	D	0.06%	0.11%	0.06%
	AVTR	B	0.1%	0.39%	0.1%
	AXTA	C	0.05%	0.18%	0.05%
	AYI	B	0.05%	0.17%	0.05%
	AZTA	D	0.07%	0.06%	0.06%
	BC	D	0.05%	0.12%	0.05%
	BERY	B	0.05%	0.18%	0.05%
	BHF	F	0.06%	0.07%	0.06%
	BJ	D	0.05%	0.24%	0.05%
	BLD	D	0.04%	0.26%	0.04%
	BMRN	F	0.08%	0.39%	0.08%
	BRBR	C	0.17%	0.17%	0.17%
	BRKR	D	0.08%	0.14%	0.08%
	BRX	B	0.18%	0.19%	0.18%
	BURL	B	0.06%	0.39%	0.06%
	BWXT	D	0.05%	0.21%	0.05%
	BYD	C	0.06%	0.1%	0.06%
	CACC	F	0.04%	0.06%	0.04%
	CACC	F	0.05%	0.06%	0.05%
	CACI	B	0.07%	0.25%	0.07%
	CAR	F	0.03%	0.03%	0.03%
	CASY	C	0.17%	0.3%	0.17%
	CBSH	B	0.07%	0.17%	0.07%
	CC	F	0.17%	0.06%	0.06%
	CCK	A	0.05%	0.25%	0.05%
	CELH	F	0.08%	0.11%	0.08%
	CFR	C	0.07%	0.17%	0.07%
	CG	D	0.06%	0.19%	0.06%
	CGNX	D	0.04%	0.15%	0.04%
	CHDN	B	0.05%	0.21%	0.05%
	CHE	C	0.09%	0.21%	0.09%
	CHH	C	0.06%	0.07%	0.06%
	CHK	D	0.17%	0.18%	0.17%
	CHRD	F	0.16%	0.2%	0.16%
	CIEN	C	0.59%	0.18%	0.18%
	CIVI	F	0.16%	0.12%	0.12%
	CLF	F	0.18%	0.13%	0.13%
	CLH	B	0.21%	0.27%	0.21%
	CNM	F	0.04%	0.15%	0.04%
	CNXC	D	0.07%	0.08%	0.07%
	COHR	C	0.07%	0.22%	0.07%
	COKE	C	0.21%	0.15%	0.15%
	COLB	C	0.08%	0.12%	0.08%
	COLM	B	0.05%	0.06%	0.05%
	COTY	D	0.05%	0.08%	0.05%
	CPRI	D	0.07%	0.1%	0.07%
	CR	C	0.05%	0.17%	0.05%
	CRI	C	0.06%	0.06%	0.06%
	CROX	C	0.04%	0.19%	0.04%
	CRUS	D	0.07%	0.17%	0.07%
	CSL	C	0.04%	0.44%	0.04%
	CUBE	A	0.17%	0.27%	0.17%
	CUZ	B	0.18%	0.1%	0.1%
	CW	B	0.05%	0.27%	0.05%
	DAR	F	0.16%	0.14%	0.14%
	DBX	D	0.07%	0.13%	0.07%
	DCI	D	0.04%	0.2%	0.04%
	DINO	F	0.17%	0.16%	0.16%
	DKS	D	0.05%	0.29%	0.05%
	DLB	D	0.05%	0.1%	0.05%
	DOCS	B	0.11%	0.1%	0.1%
	DT	C	0.08%	0.27%	0.08%
	DTM	B	0.22%	0.17%	0.17%
	DUOL	C	0.06%	0.17%	0.06%
	EEFT	F	0.04%	0.1%	0.04%
	EGP	B	0.16%	0.2%	0.16%
	EHC	B	0.09%	0.22%	0.09%
	ELF	F	0.03%	0.18%	0.03%
	ELS	B	0.17%	0.31%	0.17%
	EME	A	0.05%	0.38%	0.05%
	ENOV	F	0.08%	0.05%	0.05%
	EPR	B	0.17%	0.08%	0.08%
	EQH	C	0.06%	0.29%	0.06%
	ESAB	C	0.05%	0.13%	0.05%
	EVR	B	0.07%	0.19%	0.07%
	EWBC	D	0.07%	0.26%	0.07%
	EXEL	A	0.1%	0.17%	0.1%
	EXP	A	0.06%	0.19%	0.06%
	FAF	A	0.08%	0.16%	0.08%
	FCN	C	0.05%	0.18%	0.05%
	FHN	C	0.07%	0.2%	0.07%
	FIVE	D	0.04%	0.09%	0.04%
	FIX	B	0.05%	0.26%	0.05%
	FLO	C	0.16%	0.1%	0.1%
	FLS	D	0.04%	0.14%	0.04%
	FNB	D	0.07%	0.12%	0.07%
	FND	C	0.05%	0.26%	0.05%
	FNF	B	0.08%	0.35%	0.08%
	FR	B	0.17%	0.17%	0.17%
	FYBR	C	0.73%	0.2%	0.2%
	G	B	0.06%	0.15%	0.06%
	GAP	F	0.04%	0.11%	0.04%
	GGG	C	0.05%	0.32%	0.05%
	GLPI	B	0.17%	0.32%	0.17%
	GME	F	0.04%	0.14%	0.04%
	GMED	D	0.08%	0.18%	0.08%
	GNTX	F	0.04%	0.16%	0.04%
	GPK	A	0.05%	0.2%	0.05%
	GXO	D	0.05%	0.13%	0.05%
	H	D	0.05%	0.15%	0.05%
	HLI	A	0.07%	0.18%	0.07%
	HOG	C	0.06%	0.11%	0.06%
	HRB	C	0.06%	0.21%	0.06%
	HXL	F	0.22%	0.12%	0.12%
	IBKR	B	0.06%	0.31%	0.06%
	IDA	B	0.23%	0.12%	0.12%
	ILMN	C	0.1%	0.47%	0.1%
	INGR	B	0.19%	0.2%	0.19%
	IPGP	F	0.05%	0.04%	0.04%
	IRDM	D	0.53%	0.08%	0.08%
	ITT	C	0.05%	0.25%	0.05%
	JAZZ	D	0.08%	0.16%	0.08%
	JEF	B	0.08%	0.22%	0.08%
	JHG	B	0.07%	0.11%	0.07%
	JLL	B	0.17%	0.27%	0.17%
	JWN	C	0.05%	0.05%	0.05%
	KBR	D	0.06%	0.21%	0.06%
	KD	D	0.06%	0.12%	0.06%
	KEX	C	0.04%	0.15%	0.04%
	KMPR	D	0.06%	0.09%	0.06%
	KNSL	C	0.07%	0.24%	0.07%
	KNX	C	0.05%	0.2%	0.05%
	KRC	C	0.16%	0.09%	0.09%
	LAD	C	0.06%	0.18%	0.06%
	LAMR	A	0.16%	0.25%	0.16%
	LEA	F	0.05%	0.15%	0.05%
	LECO	D	0.04%	0.23%	0.04%
	LFUS	D	0.04%	0.15%	0.04%
	LII	A	0.05%	0.41%	0.05%
	LITE	C	0.58%	0.09%	0.09%
	LNW	B	0.06%	0.22%	0.06%
	LOPE	D	0.05%	0.1%	0.05%
	LPX	B	0.05%	0.14%	0.05%
	LSCC	D	0.05%	0.14%	0.05%
	LSTR	D	0.05%	0.15%	0.05%
	M	D	0.04%	0.1%	0.04%
	MAN	D	0.04%	0.08%	0.04%
	MANH	A	0.07%	0.36%	0.07%
	MASI	D	0.07%	0.12%	0.07%
	MAT	C	0.06%	0.15%	0.06%
	MDU	B	0.05%	0.12%	0.05%
	MEDP	D	0.07%	0.19%	0.07%
	MIDD	D	0.05%	0.17%	0.05%
	MKSI	F	0.04%	0.16%	0.04%
	MORN	C	0.07%	0.19%	0.07%
	MP	D	0.24%	0.04%	0.04%
	MSA	D	0.04%	0.15%	0.04%
	MSM	D	0.05%	0.08%	0.05%
	MTDR	F	0.17%	0.14%	0.14%
	MTG	B	0.07%	0.16%	0.07%
	MTN	D	0.05%	0.16%	0.05%
	MTSI	D	0.06%	0.13%	0.06%
	MTZ	B	0.05%	0.15%	0.05%
	MUSA	B	0.06%	0.22%	0.06%
	NBIX	D	0.07%	0.28%	0.07%
	NEU	C	0.25%	0.09%	0.09%
	NFG	A	0.22%	0.13%	0.13%
	NNN	B	0.16%	0.2%	0.16%
	NOV	F	0.18%	0.15%	0.15%
	NSA	A	0.16%	0.07%	0.07%
	NVST	D	0.09%	0.07%	0.07%
	NVT	D	0.04%	0.24%	0.04%
	NXST	D	0.05%	0.12%	0.05%
	NYT	C	0.05%	0.2%	0.05%
	OC	C	0.04%	0.32%	0.04%
	OGE	B	0.23%	0.18%	0.18%
	OHI	B	0.18%	0.23%	0.18%
	OLED	C	0.06%	0.19%	0.06%
	OLLI	C	0.05%	0.12%	0.05%
	OLN	D	0.2%	0.12%	0.12%
	ONTO	D	0.05%	0.21%	0.05%
	ORI	B	0.07%	0.21%	0.07%
	OSK	D	0.04%	0.15%	0.04%
	OVV	F	0.17%	0.23%	0.17%
	OZK	D	0.06%	0.1%	0.06%
	PAG	D	0.05%	0.07%	0.05%
	PB	B	0.08%	0.16%	0.08%
	PCTY	D	0.05%	0.16%	0.05%
	PEN	D	0.09%	0.18%	0.09%
	PFGC	B	0.17%	0.26%	0.17%
	PII	D	0.05%	0.1%	0.05%
	PK	F	0.13%	0.07%	0.07%
	PLNT	B	0.06%	0.16%	0.06%
	PNFP	B	0.07%	0.17%	0.07%
	POST	C	0.18%	0.14%	0.14%
	PPC	D	0.18%	0.04%	0.04%
	PR	D	0.17%	0.16%	0.16%
	PRGO	C	0.09%	0.09%	0.09%
	PRI	B	0.07%	0.21%	0.07%
	PSTG	D	0.05%	0.33%	0.05%
	PVH	D	0.04%	0.13%	0.04%
	R	B	0.05%	0.14%	0.05%
	RBA	B	0.06%	0.35%	0.06%
	RBC	D	0.25%	0.19%	0.19%
	RCM	C	0.09%	0.06%	0.06%
	REXR	C	0.16%	0.25%	0.16%
	RGA	B	0.06%	0.33%	0.06%
	RGEN	F	0.1%	0.17%	0.1%
	RGLD	B	0.27%	0.21%	0.21%
	RH	C	0.06%	0.09%	0.06%
	RLI	B	0.07%	0.14%	0.07%
	RNR	B	0.07%	0.31%	0.07%
	RPM	B	0.05%	0.34%	0.05%
	RRC	D	0.17%	0.16%	0.16%
	RRX	C	0.05%	0.23%	0.05%
	RS	D	0.23%	0.36%	0.23%
	RYAN	C	0.07%	0.15%	0.07%
	RYN	C	0.15%	0.1%	0.1%
	SAIA	D	0.04%	0.26%	0.04%
	SAIC	B	0.07%	0.15%	0.07%
	SAM	F	0.15%	0.06%	0.06%
	SCI	A	0.06%	0.26%	0.06%
	SEIC	C	0.06%	0.15%	0.06%
	SF	B	0.06%	0.2%	0.06%
	SHC	B	0.11%	0.04%	0.04%
	SKX	C	0.05%	0.21%	0.05%
	SLGN	B	0.05%	0.09%	0.05%
	SLM	D	0.07%	0.11%	0.07%
	SMG	C	0.24%	0.07%	0.07%
	SNV	C	0.07%	0.15%	0.07%
	SNX	D	0.05%	0.21%	0.05%
	SON	C	0.04%	0.12%	0.04%
	SRCL	A	0.22%	0.13%	0.13%
	SRPT	F	0.08%	0.29%	0.08%
	SSD	C	0.05%	0.17%	0.05%
	ST	F	0.04%	0.13%	0.04%
	STAG	B	0.16%	0.17%	0.16%
	STWD	B	0.06%	0.14%	0.06%
	SWN	D	0.18%	0.15%	0.15%
	TDC	F	0.05%	0.06%	0.05%
	THC	B	0.09%	0.36%	0.09%
	THG	A	0.07%	0.12%	0.07%
	THO	C	0.06%	0.13%	0.06%
	TKO	B	0.06%	0.16%	0.06%
	TKR	D	0.23%	0.12%	0.12%
	TNL	F	0.05%	0.07%	0.05%
	TOL	B	0.06%	0.33%	0.06%
	TPL	C	0.21%	0.35%	0.21%
	TPX	C	0.05%	0.2%	0.05%
	TREX	F	0.03%	0.15%	0.03%
	TTC	D	0.04%	0.22%	0.04%
	TTEK	B	0.05%	0.28%	0.05%
	TXRH	D	0.05%	0.26%	0.05%
	UAA	C	0.05%	0.04%	0.04%
	UGI	B	0.21%	0.12%	0.12%
	UNM	B	0.07%	0.23%	0.07%
	USFD	A	0.18%	0.3%	0.18%
	UTHR	C	0.09%	0.36%	0.09%
	VAC	F	0.04%	0.05%	0.04%
	VMI	D	0.05%	0.13%	0.05%
	VNO	A	0.2%	0.12%	0.12%
	VNT	D	0.04%	0.12%	0.04%
	VOYA	A	0.06%	0.16%	0.06%
	VVV	D	0.23%	0.12%	0.12%
	WBS	D	0.07%	0.18%	0.07%
	WCC	D	0.04%	0.15%	0.04%
	WEN	C	0.05%	0.06%	0.05%
	WEX	C	0.05%	0.18%	0.05%
	WFRD	D	0.16%	0.16%	0.16%
	WH	B	0.05%	0.14%	0.05%
	WHR	D	0.05%	0.12%	0.05%
	WING	B	0.05%	0.25%	0.05%
	WLK	D	0.21%	0.1%	0.1%
	WMS	D	0.04%	0.22%	0.04%
	WOLF	F	0.02%	0.03%	0.02%
	WPC	B	0.16%	0.3%	0.16%
	WSM	C	0.05%	0.39%	0.05%
	WSO	C	0.04%	0.34%	0.04%
	WTFC	C	0.07%	0.16%	0.07%
	WTRG	D	0.21%	0.23%	0.21%
	WU	F	0.04%	0.1%	0.04%
	WWD	D	0.04%	0.23%	0.04%
	X	D	0.22%	0.15%	0.15%
	XPO	D	0.05%	0.3%	0.05%
	XRAY	D	0.08%	0.12%	0.08%
	YETI	D	0.05%	0.08%	0.05%
	ZI	D	0.05%	0.06%	0.05%
	ZION	D	0.07%	0.16%	0.07%

EQAL Overweight 663 Positions Relative to MIDU

	Symbol	Grade	Weight
	UI	B	0.73%
	ROKU	C	0.7%
	T	A	0.61%
	CHTR	D	0.61%
	LBRDK	D	0.61%
	TMUS	A	0.59%
	MSI	B	0.58%
	JNPR	B	0.56%
	VZ	A	0.56%
	CSCO	C	0.54%
	CMCSA	D	0.53%
	ANET	C	0.53%
	NEM	B	0.29%
	FMC	C	0.27%
	CF	C	0.25%
	LIN	B	0.25%
	IFF	B	0.25%
	FAST	C	0.25%
	TRGP	B	0.24%
	DUK	B	0.24%
	ETR	A	0.24%
	CMS	A	0.24%
	ES	B	0.24%
	AEE	A	0.24%
	AEP	A	0.24%
	EIX	B	0.24%
	PNW	A	0.24%
	EMN	A	0.24%
	NI	A	0.24%
	XEL	B	0.24%
	ECL	A	0.24%
	APD	B	0.24%
	IP	B	0.24%
	WEC	B	0.24%
	OKE	A	0.23%
	SO	A	0.23%
	DTE	A	0.23%
	AVY	B	0.23%
	AWK	A	0.23%
	EVRG	A	0.23%
	PEG	A	0.23%
	PPL	A	0.23%
	D	B	0.23%
	ED	B	0.23%
	EXC	A	0.23%
	LYB	F	0.23%
	ATO	A	0.23%
	FE	B	0.23%
	LNT	A	0.23%
	NEE	B	0.23%
	WMB	A	0.22%
	RSG	B	0.22%
	ESI	D	0.22%
	LNG	C	0.22%
	HUN	D	0.22%
	ALB	D	0.22%
	SRE	B	0.22%
	CWEN	A	0.22%
	PCG	B	0.22%
	K	A	0.22%
	BKR	D	0.21%
	STLD	F	0.21%
	SCCO	D	0.21%
	NUE	D	0.21%
	MOS	F	0.21%
	KMI	B	0.21%
	KVUE	B	0.2%
	PM	B	0.2%
	FTI	D	0.2%
	EOG	D	0.2%
	FCX	D	0.2%
	ENPH	D	0.2%
	NRG	C	0.2%
	WM	D	0.2%
	XOM	D	0.2%
	AGR	B	0.2%
	CE	D	0.2%
	COP	F	0.19%
	VTR	B	0.19%
	CBRE	B	0.19%
	MRO	D	0.19%
	IRM	A	0.19%
	MPC	F	0.19%
	AES	C	0.19%
	MKC	B	0.19%
	CLX	B	0.19%
	CL	C	0.18%
	FRPT	B	0.18%
	KR	B	0.18%
	AMT	B	0.18%
	TSN	C	0.18%
	SLB	F	0.18%
	VLO	F	0.18%
	PSA	A	0.18%
	CNP	C	0.18%
	CCI	B	0.18%
	CPB	B	0.18%
	FANG	F	0.18%
	CAG	B	0.18%
	CVX	D	0.18%
	REYN	C	0.18%
	HIW	A	0.18%
	SUI	B	0.18%
	WELL	B	0.18%
	MDLZ	B	0.18%
	KIM	B	0.18%
	SBAC	B	0.18%
	FSLR	D	0.18%
	KO	B	0.18%
	VST	C	0.18%
	PSX	F	0.18%
	BXP	A	0.18%
	MO	C	0.18%
	PG	A	0.17%
	FRT	B	0.17%
	HRL	C	0.17%
	DOC	B	0.17%
	SEB	C	0.17%
	Z	B	0.17%
	MPW	B	0.17%
	MAA	A	0.17%
	HAL	F	0.17%
	SYY	C	0.17%
	CTVA	B	0.17%
	PEP	B	0.17%
	CTRA	F	0.17%
	APA	F	0.17%
	CEG	C	0.17%
	TAP	C	0.17%
	PLD	B	0.17%
	SJM	C	0.17%
	VICI	B	0.17%
	KHC	C	0.17%
	O	B	0.17%
	KDP	B	0.17%
	REG	B	0.17%
	HES	F	0.17%
	HSY	B	0.17%
	DVN	F	0.17%
	EQT	D	0.17%
	GIS	B	0.17%
	DLR	A	0.16%
	ADM	D	0.16%
	WY	C	0.16%
	ESS	A	0.16%
	SPB	B	0.16%
	SPG	B	0.16%
	EXR	A	0.16%
	CPT	B	0.16%
	KMB	C	0.16%
	EQIX	B	0.16%
	HHH	C	0.16%
	OXY	F	0.16%
	MNST	C	0.16%
	EQR	B	0.16%
	COLD	D	0.16%
	UDR	B	0.16%
	AVB	B	0.16%
	INVH	B	0.15%
	BG	F	0.15%
	CVS	D	0.15%
	CHD	B	0.15%
	ARE	B	0.15%
	STZ	C	0.15%
	CSGP	D	0.15%
	ACI	D	0.15%
	MCK	F	0.14%
	HST	D	0.14%
	ALNY	C	0.13%
	RARE	B	0.12%
	EXAS	C	0.12%
	LW	D	0.12%
	GO	F	0.12%
	VEEV	C	0.1%
	TFX	B	0.1%
	INSP	C	0.1%
	UNH	C	0.1%
	GILD	B	0.1%
	UHS	B	0.1%
	VKTX	C	0.1%
	NFE	F	0.1%
	SOLV	C	0.1%
	LLY	C	0.09%
	AMGN	B	0.09%
	CI	B	0.09%
	SYK	B	0.09%
	CAH	B	0.09%
	PINC	C	0.09%
	QGEN	B	0.09%
	BSX	B	0.09%
	CTLT	B	0.09%
	DHR	B	0.09%
	ABT	B	0.09%
	TMO	B	0.09%
	GEHC	C	0.09%
	WBA	F	0.09%
	CNC	C	0.09%
	HOLX	B	0.09%
	REGN	C	0.09%
	IQV	C	0.09%
	JNJ	B	0.09%
	DGX	B	0.09%
	MDT	B	0.09%
	STE	B	0.09%
	BIO	C	0.09%
	ABBV	B	0.09%
	TXG	D	0.09%
	ZTS	B	0.09%
	DVA	A	0.09%
	ISRG	B	0.09%
	VTRS	C	0.09%
	MOH	C	0.09%
	PODD	B	0.09%
	BAX	C	0.09%
	HCA	A	0.09%
	NTRA	B	0.09%
	BMY	C	0.09%
	RMD	B	0.09%
	AFL	B	0.08%
	TYL	B	0.08%
	PSN	B	0.08%
	FFIV	A	0.08%
	U	D	0.08%
	IBM	A	0.08%
	ALGN	D	0.08%
	SMAR	B	0.08%
	CBOE	B	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%
	GTLB	D	0.08%
	TECH	D	0.08%
	LCID	C	0.08%
	BDX	D	0.08%
	FTNT	B	0.08%
	ZBH	D	0.08%
	UWMC	C	0.08%
	OGN	C	0.08%
	ITCI	D	0.08%
	MKTX	C	0.08%
	IDXX	C	0.08%
	TPG	B	0.08%
	IONS	F	0.08%
	VRTX	C	0.08%
	INCY	C	0.08%
	ELV	B	0.08%
	WAL	B	0.08%
	HSIC	D	0.08%
	A	C	0.08%
	MDB	D	0.08%
	RPRX	C	0.08%
	VIRT	B	0.08%
	RKT	B	0.08%
	PLTR	B	0.08%
	PFE	C	0.08%
	APP	B	0.08%
	GLW	C	0.07%
	TEAM	D	0.07%
	INTU	C	0.07%
	META	B	0.07%
	AGNC	A	0.07%
	RBLX	B	0.07%
	TSLA	C	0.07%
	LDOS	B	0.07%
	TFSL	C	0.07%
	PATH	D	0.07%
	BR	B	0.07%
	AAPL	D	0.07%
	CVNA	B	0.07%
	ADSK	B	0.07%
	IVZ	C	0.07%
	MET	B	0.07%
	NTRS	B	0.07%
	AXS	B	0.07%
	ARES	C	0.07%
	MMC	A	0.07%
	DOCU	C	0.07%
	FDS	C	0.07%
	WRB	C	0.07%
	ACGL	A	0.07%
	MPWR	C	0.07%
	AKAM	D	0.07%
	CB	B	0.07%
	SN	B	0.07%
	DOX	C	0.07%
	PHM	B	0.07%
	KKR	B	0.07%
	IAC	C	0.07%
	CME	B	0.07%
	RIVN	F	0.07%
	TWLO	D	0.07%
	GDDY	D	0.07%
	BRO	B	0.07%
	TW	A	0.07%
	BRK.A	C	0.07%
	PANW	C	0.07%
	EPAM	D	0.07%
	TRV	A	0.07%
	DHI	B	0.07%
	IT	B	0.07%
	HIG	B	0.07%
	FTRE	F	0.07%
	CTSH	B	0.07%
	WTW	B	0.07%
	USB	C	0.07%
	FCNCA	D	0.07%
	AJG	A	0.07%
	DXC	C	0.07%
	CNA	C	0.07%
	MTB	B	0.07%
	ORCL	B	0.07%
	FHB	C	0.07%
	ADBE	D	0.07%
	AIZ	C	0.07%
	MCO	B	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%
	PAYC	D	0.07%
	ALL	A	0.07%
	CFG	C	0.07%
	CLVT	D	0.07%
	MRK	D	0.07%
	MTCH	C	0.07%
	PEGA	C	0.07%
	BFAM	B	0.07%
	STT	B	0.07%
	NTNX	C	0.07%
	MSCI	C	0.07%
	PNC	B	0.07%
	RF	C	0.07%
	WDAY	D	0.07%
	GLOB	D	0.07%
	WST	F	0.07%
	HUM	F	0.07%
	DAY	C	0.07%
	DASH	C	0.07%
	BK	A	0.07%
	AON	B	0.07%
	SSNC	A	0.07%
	BIIB	F	0.07%
	BX	A	0.07%
	KEY	B	0.07%
	SOFI	C	0.07%
	SPGI	A	0.07%
	PYCR	D	0.07%
	PGR	B	0.07%
	APLS	D	0.07%
	CRL	D	0.07%
	FITB	B	0.07%
	NOW	B	0.07%
	CMA	B	0.07%
	NU	B	0.07%
	KMX	D	0.06%
	SNOW	F	0.06%
	BLDR	C	0.06%
	TJX	B	0.06%
	GEV	B	0.06%
	TROW	D	0.06%
	SPOT	C	0.06%
	TTD	B	0.06%
	LMT	B	0.06%
	PCOR	D	0.06%
	SNDR	B	0.06%
	MSGS	B	0.06%
	MSTR	D	0.06%
	WBD	D	0.06%
	NVDA	D	0.06%
	SHW	A	0.06%
	NTAP	D	0.06%
	HPQ	D	0.06%
	OMF	D	0.06%
	OMC	B	0.06%
	EFX	B	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%
	LNC	D	0.06%
	DV	F	0.06%
	APH	D	0.06%
	JBL	D	0.06%
	NCNO	F	0.06%
	CRBG	D	0.06%
	AMD	D	0.06%
	ZS	F	0.06%
	CPNG	B	0.06%
	UHAL	B	0.06%
	CDW	D	0.06%
	FOXA	C	0.06%
	QRVO	F	0.06%
	WTM	D	0.06%
	NWL	C	0.06%
	SWKS	F	0.06%
	GRMN	D	0.06%
	BSY	D	0.06%
	C	D	0.06%
	DDOG	D	0.06%
	AVGO	C	0.06%
	MSFT	C	0.06%
	MMM	A	0.06%
	APO	C	0.06%
	VRT	C	0.06%
	MCD	B	0.06%
	AXON	A	0.06%
	ADI	D	0.06%
	OWL	C	0.06%
	WMT	B	0.06%
	EBAY	A	0.06%
	BAC	D	0.06%
	PTC	D	0.06%
	FICO	A	0.06%
	ANSS	D	0.06%
	QS	F	0.06%
	TRU	A	0.06%
	AGO	C	0.06%
	ROP	B	0.06%
	AMP	B	0.06%
	MHK	B	0.06%
	AIG	D	0.06%
	EW	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	D	0.06%
	LEN	B	0.06%
	MRVL	C	0.06%
	HCP	A	0.06%
	TXN	D	0.06%
	NVR	B	0.06%
	DFS	C	0.06%
	AFRM	C	0.06%
	PFG	C	0.06%
	TOST	C	0.06%
	RNG	D	0.06%
	ON	D	0.06%
	ELAN	D	0.06%
	L	C	0.06%
	VFC	C	0.06%
	CERT	F	0.06%
	SBUX	C	0.06%
	GS	D	0.06%
	XP	D	0.06%
	RJF	C	0.06%
	JPM	D	0.06%
	CRM	D	0.06%
	CNH	C	0.05%
	KSS	F	0.05%
	ROK	D	0.05%
	AME	D	0.05%
	DIS	D	0.05%
	CMG	C	0.05%
	COF	D	0.05%
	NKE	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%
	VRSK	D	0.05%
	CSX	D	0.05%
	DD	B	0.05%
	FTV	C	0.05%
	ETSY	F	0.05%
	F	D	0.05%
	TXT	D	0.05%
	DAL	C	0.05%
	SQ	D	0.05%
	DKNG	D	0.05%
	DE	B	0.05%
	DOV	B	0.05%
	LHX	C	0.05%
	ITW	B	0.05%
	GNRC	D	0.05%
	TDG	B	0.05%
	DELL	D	0.05%
	GE	A	0.05%
	V	A	0.05%
	PLTK	D	0.05%
	SYF	D	0.05%
	SNA	B	0.05%
	CAT	C	0.05%
	APTV	F	0.05%
	PENN	D	0.05%
	AMAT	D	0.05%
	HAYW	D	0.05%
	WAB	B	0.05%
	QCOM	D	0.05%
	GTES	C	0.05%
	DECK	C	0.05%
	JCI	B	0.05%
	HII	D	0.05%
	DXCM	F	0.05%
	JKHY	A	0.05%
	SPR	D	0.05%
	CZR	D	0.05%
	HPE	F	0.05%
	TT	A	0.05%
	CMI	C	0.05%
	NDSN	C	0.05%
	HUBB	B	0.05%
	PAYX	B	0.05%
	GFS	F	0.05%
	RL	B	0.05%
	J	D	0.05%
	MAR	D	0.05%
	GWW	B	0.05%
	LKQ	D	0.05%
	BALL	C	0.05%
	AWI	C	0.05%
	JBHT	D	0.05%
	GPC	D	0.05%
	VLTO	B	0.05%
	SNPS	D	0.05%
	GM	C	0.05%
	NWSA	D	0.05%
	BWA	F	0.05%
	BILL	D	0.05%
	ALK	C	0.05%
	ODFL	D	0.05%
	UBER	C	0.05%
	AAL	D	0.05%
	KEYS	C	0.05%
	CPRT	F	0.05%
	AMCR	B	0.05%
	FIS	A	0.05%
	ENTG	D	0.05%
	MA	A	0.05%
	UNP	B	0.05%
	BKNG	B	0.05%
	WAT	C	0.05%
	TDY	B	0.05%
	AXP	B	0.05%
	ULTA	D	0.05%
	TTWO	D	0.05%
	HLT	B	0.05%
	PKG	B	0.05%
	YUM	B	0.05%
	WDC	D	0.05%
	TSCO	B	0.05%
	ADP	A	0.05%
	HEI	A	0.05%
	FDX	C	0.05%
	ZBRA	C	0.05%
	NSC	C	0.05%
	CHRW	C	0.05%
	FOUR	C	0.05%
	AMZN	C	0.05%
	LEG	D	0.05%
	ACN	C	0.05%
	ATI	D	0.05%
	NFLX	B	0.05%
	RTX	C	0.05%
	UAL	C	0.05%
	ROL	B	0.05%
	TPR	C	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	C	0.05%
	MCHP	D	0.05%
	CTAS	B	0.05%
	DRI	C	0.05%
	SCHW	D	0.05%
	PNR	A	0.05%
	LUV	C	0.05%
	ORLY	B	0.05%
	SWK	B	0.05%
	CPAY	C	0.05%
	SITE	D	0.05%
	TGT	C	0.05%
	ROST	C	0.05%
	CARR	A	0.05%
	POOL	C	0.05%
	PYPL	B	0.05%
	TER	D	0.05%
	IPG	C	0.05%
	HWM	B	0.05%
	AZO	C	0.05%
	EA	C	0.05%
	EXPE	C	0.05%
	LYV	C	0.05%
	BEN	D	0.05%
	CCL	C	0.05%
	COST	B	0.05%
	URI	C	0.05%
	GOOGL	D	0.05%
	NOC	B	0.05%
	HD	B	0.05%
	BBY	B	0.05%
	WFC	F	0.05%
	KLAC	D	0.05%
	ALLE	A	0.05%
	HUBS	D	0.05%
	DJT	F	0.04%
	MU	F	0.04%
	TRIP	F	0.04%
	EL	F	0.04%
	BIRK	D	0.04%
	INTC	F	0.04%
	DPZ	D	0.04%
	DDS	D	0.04%
	APG	D	0.04%
	ABNB	D	0.04%
	AZEK	C	0.04%
	PINS	F	0.04%
	CRWD	D	0.04%
	MRNA	F	0.04%
	AL	D	0.04%
	ESTC	F	0.04%
	BA	F	0.04%
	SEE	D	0.04%
	DOW	F	0.04%
	ETN	C	0.04%
	EMR	D	0.04%
	UPS	D	0.04%
	FIVN	F	0.04%
	XYL	D	0.04%
	LULU	D	0.04%
	COIN	F	0.04%
	LRCX	F	0.04%
	MTD	D	0.04%
	MLM	D	0.04%
	PCAR	D	0.04%
	LYFT	D	0.04%
	HON	D	0.04%
	OTIS	C	0.04%
	EXPD	D	0.04%
	VMC	D	0.04%
	AOS	D	0.04%
	WYNN	D	0.04%
	IR	D	0.04%
	ADTN	F	0.04%
	W	D	0.04%
	IEX	D	0.04%
	RHI	D	0.04%
	MGM	D	0.04%
	PPG	C	0.04%
	LPLA	F	0.04%
	PWR	C	0.04%
	CFLT	F	0.04%
	SMCI	F	0.03%
	AAP	F	0.03%
	DLTR	F	0.03%
	BBWI	F	0.03%
	DG	F	0.03%
	SEG	C	0.01%

EQAL Underweight 93 Positions Relative to MIDU

	Symbol	Grade	Weight
	ERIE	B	-0.28%
	SFM	B	-0.23%
	AIT	C	-0.18%
	HALO	B	-0.18%
	FLR	D	-0.18%
	HQY	C	-0.17%
	ALV	F	-0.17%
	SSB	B	-0.17%
	LNTH	C	-0.17%
	TMHC	B	-0.16%
	ESNT	B	-0.16%
	UFPI	C	-0.16%
	ANF	D	-0.16%
	CVLT	B	-0.15%
	KBH	B	-0.14%
	ONB	C	-0.14%
	NOVT	D	-0.14%
	CYTK	D	-0.14%
	MMS	D	-0.13%
	SIGI	C	-0.13%
	CHX	D	-0.13%
	CBT	B	-0.13%
	KRG	B	-0.13%
	OPCH	C	-0.13%
	CADE	C	-0.13%
	EXLS	B	-0.13%
	CMC	D	-0.13%
	POR	A	-0.12%
	UBSI	C	-0.12%
	GBCI	C	-0.12%
	MUR	F	-0.12%
	HOMB	C	-0.12%
	WTS	C	-0.12%
	EXPO	B	-0.12%
	NJR	A	-0.11%
	FFIN	C	-0.11%
	BCO	B	-0.11%
	GATX	C	-0.11%
	GTLS	F	-0.11%
	ALTR	D	-0.11%
	BDC	B	-0.1%
	CNX	B	-0.1%
	ASGN	D	-0.1%
	KNF	B	-0.1%
	SWX	C	-0.1%
	AVNT	B	-0.1%
	RMBS	F	-0.1%
	UMBF	B	-0.1%
	QLYS	F	-0.1%
	IRT	A	-0.1%
	HWC	D	-0.1%
	CNO	B	-0.09%
	PNM	B	-0.09%
	HAE	D	-0.09%
	SR	A	-0.09%
	ORA	C	-0.09%
	ENS	D	-0.09%
	WMG	D	-0.09%
	OGS	A	-0.09%
	SBRA	A	-0.09%
	BKH	A	-0.09%
	IBOC	C	-0.08%
	ASB	D	-0.08%
	BLKB	B	-0.08%
	NWE	A	-0.08%
	PCH	C	-0.08%
	SLAB	D	-0.08%
	POWI	F	-0.08%
	TEX	D	-0.08%
	PBF	F	-0.08%
	LANC	D	-0.08%
	VAL	F	-0.08%
	VLY	C	-0.08%
	ALE	B	-0.08%
	SYNA	F	-0.07%
	ARWR	F	-0.07%
	TCBI	B	-0.07%
	NEOG	D	-0.07%
	NSP	F	-0.07%
	TGNA	C	-0.06%
	GHC	C	-0.06%
	HGV	D	-0.06%
	LIVN	D	-0.06%
	VC	F	-0.06%
	FHI	B	-0.06%
	PGNY	F	-0.05%
	ADNT	F	-0.05%
	ZD	D	-0.05%
	GT	F	-0.05%
	VSH	F	-0.05%
	GEF	D	-0.04%
	HELE	D	-0.03%
	UA	C	-0.03%

EQAL: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Asset Management Biotechnology Business Services Software - Infrastructure Utilities - Regulated Electric Oil & Gas E&P Semiconductors Specialty Retail Diagnostics & Research Capital Markets Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Aerospace & Defense Packaging & Containers Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electronics Bank Banking Real Estate Investment Trust Aerospace Chemical Electricity Mining Telecommunications Medicine Semiconductor Insurance Products Dow Jones Component IBD 50 Biotechnology

MIDU: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Diversified Industrials Biotechnology Business Services Software - Application Semiconductors Specialty Chemicals Building Materials Packaging & Containers Asset Management Engineering & Construction Specialty Retail Apparel Manufacturing Diagnostics & Research Medical Care Packaged Foods REIT - Diversified REIT - Industrial Scientific & Technical Instruments

Keywords: Bank Banking Mining Natural Gas Chemical Insurance Real Estate Investment Trust Electronics Aerospace Semiconductor Beverage Computing Construction Supply Chain Management Telecommunications Deposit Products Commercial Banking Insurance Products Building Materials Electricity