EQAL vs. PTL ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

$50.51

Average Daily Volume

19,467

Number of Holdings ^*

967

* may have additional holdings in another (foreign) market

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$221.52

Average Daily Volume

6,352

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	PTL
30 Days	3.13%	2.04%
60 Days	6.87%	6.75%
90 Days	11.03%	10.09%
12 Months	32.07%

441 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in PTL	Overlap
AA	C	0.34%	0.07%	0.07%
AAON	B	0.06%	0.06%	0.06%
ACHC	F	0.04%	0.04%	0.04%
ACI	C	0.16%	0.08%	0.08%
ADC	B	0.13%	0.05%	0.05%
ADM	F	0.14%	0.18%	0.14%
ADP	A	0.05%	0.86%	0.05%
AEE	A	0.21%	0.16%	0.16%
AFG	B	0.06%	0.08%	0.06%
AFL	C	0.06%	0.41%	0.06%
AFRM	A	0.05%	0.12%	0.05%
AGCO	F	0.05%	0.05%	0.05%
AGNC	D	0.06%	0.05%	0.05%
AGR	C	0.2%	0.1%	0.1%
AIG	C	0.07%	0.35%	0.07%
ALB	C	0.26%	0.08%	0.08%
ALGN	D	0.08%	0.12%	0.08%
ALSN	B	0.06%	0.06%	0.06%
AM	B	0.2%	0.05%	0.05%
AME	A	0.05%	0.3%	0.05%
AMH	D	0.12%	0.1%	0.1%
AMKR	F	0.06%	0.05%	0.05%
AN	D	0.05%	0.05%	0.05%
ANET	C	0.59%	0.9%	0.59%
ANSS	B	0.07%	0.2%	0.07%
AOS	F	0.04%	0.07%	0.04%
APA	F	0.21%	0.07%	0.07%
APG	B	0.05%	0.07%	0.05%
APH	B	0.07%	0.61%	0.07%
APP	A	0.1%	0.4%	0.1%
APPF	B	0.06%	0.06%	0.06%
AR	B	0.21%	0.06%	0.06%
ARE	F	0.13%	0.15%	0.13%
ARW	F	0.06%	0.04%	0.04%
ATI	D	0.05%	0.05%	0.05%
ATO	A	0.2%	0.15%	0.15%
ATR	A	0.05%	0.08%	0.05%
AVGO	B	0.07%	5.69%	0.07%
AWK	D	0.18%	0.2%	0.18%
AXTA	B	0.05%	0.06%	0.05%
AYI	A	0.06%	0.07%	0.06%
AZO	C	0.05%	0.36%	0.05%
BAX	F	0.07%	0.14%	0.07%
BERY	C	0.05%	0.05%	0.05%
BFAM	F	0.04%	0.05%	0.04%
BG	D	0.14%	0.09%	0.09%
BIO	C	0.09%	0.08%	0.08%
BJ	B	0.06%	0.08%	0.06%
BKR	B	0.25%	0.28%	0.25%
BLD	F	0.05%	0.08%	0.05%
BLDR	D	0.05%	0.15%	0.05%
BOKF	B	0.07%	0.05%	0.05%
BRBR	A	0.18%	0.06%	0.06%
BRKR	F	0.07%	0.07%	0.07%
BRO	A	0.07%	0.22%	0.07%
BRX	B	0.14%	0.06%	0.06%
BSY	D	0.06%	0.12%	0.06%
BWA	B	0.06%	0.05%	0.05%
BWXT	A	0.05%	0.07%	0.05%
BXP	D	0.14%	0.09%	0.09%
CACI	B	0.08%	0.09%	0.08%
CAG	F	0.14%	0.1%	0.1%
CASY	A	0.17%	0.1%	0.1%
CAT	B	0.05%	1.25%	0.05%
CBOE	D	0.06%	0.16%	0.06%
CCI	F	0.12%	0.33%	0.12%
CCK	B	0.05%	0.08%	0.05%
CDW	F	0.06%	0.19%	0.06%
CEG	D	0.24%	0.42%	0.24%
CELH	F	0.14%	0.06%	0.06%
CF	B	0.25%	0.11%	0.11%
CFLT	B	0.09%	0.07%	0.07%
CFR	B	0.09%	0.06%	0.06%
CGNX	B	0.05%	0.05%	0.05%
CHE	D	0.08%	0.06%	0.06%
CHRD	F	0.2%	0.06%	0.06%
CHRW	B	0.05%	0.08%	0.05%
CIEN	B	0.62%	0.06%	0.06%
CINF	A	0.07%	0.16%	0.07%
CLH	B	0.22%	0.1%	0.1%
CMS	D	0.19%	0.15%	0.15%
CNM	D	0.05%	0.07%	0.05%
CNP	B	0.21%	0.13%	0.13%
COHR	B	0.08%	0.1%	0.08%
COIN	B	0.1%	0.34%	0.1%
COKE	D	0.15%	0.07%	0.07%
COLD	F	0.12%	0.05%	0.05%
COR	A	0.16%	0.33%	0.16%
CPAY	A	0.05%	0.16%	0.05%
CPB	F	0.15%	0.1%	0.1%
CPNG	C	0.06%	0.35%	0.06%
CPRT	B	0.06%	0.36%	0.06%
CPT	D	0.13%	0.09%	0.09%
CR	B	0.05%	0.07%	0.05%
CRBG	C	0.07%	0.12%	0.07%
CSGP	D	0.13%	0.24%	0.13%
CSL	C	0.05%	0.14%	0.05%
CSX	B	0.05%	0.47%	0.05%
CTAS	A	0.05%	0.6%	0.05%
CTRA	C	0.21%	0.12%	0.12%
CUBE	D	0.12%	0.08%	0.08%
CVNA	B	0.09%	0.33%	0.09%
CW	B	0.06%	0.1%	0.06%
DAL	A	0.07%	0.25%	0.07%
DCI	A	0.05%	0.06%	0.05%
DDOG	C	0.07%	0.31%	0.07%
DECK	B	0.05%	0.18%	0.05%
DG	F	0.05%	0.13%	0.05%
DHI	D	0.04%	0.42%	0.04%
DINO	D	0.19%	0.06%	0.06%
DLB	C	0.07%	0.05%	0.05%
DLR	B	0.15%	0.42%	0.15%
DLTR	F	0.05%	0.11%	0.05%
DOC	C	0.14%	0.11%	0.11%
DOCU	A	0.08%	0.1%	0.08%
DOV	A	0.05%	0.19%	0.05%
DOX	A	0.07%	0.07%	0.07%
DT	C	0.07%	0.11%	0.07%
DTE	D	0.19%	0.18%	0.18%
DTM	A	0.25%	0.06%	0.06%
DVA	C	0.07%	0.09%	0.07%
DVN	F	0.2%	0.19%	0.19%
DXCM	C	0.08%	0.21%	0.08%
ED	D	0.19%	0.24%	0.19%
EFX	D	0.04%	0.25%	0.04%
EGP	D	0.13%	0.06%	0.06%
EHC	B	0.09%	0.07%	0.07%
ELAN	D	0.07%	0.04%	0.04%
ELS	C	0.12%	0.1%	0.1%
ELV	F	0.06%	0.72%	0.06%
EME	B	0.06%	0.16%	0.06%
EMR	A	0.06%	0.47%	0.06%
ENPH	F	0.14%	0.09%	0.09%
ENTG	D	0.06%	0.11%	0.06%
EOG	B	0.21%	0.51%	0.21%
EPAM	C	0.06%	0.08%	0.06%
EQR	D	0.13%	0.2%	0.13%
ES	F	0.18%	0.16%	0.16%
ESS	C	0.13%	0.14%	0.13%
ESTC	C	0.07%	0.06%	0.06%
ETR	B	0.23%	0.22%	0.22%
EVR	B	0.08%	0.08%	0.08%
EVRG	A	0.2%	0.1%	0.1%
EW	F	0.08%	0.3%	0.08%
EWBC	A	0.09%	0.1%	0.09%
EXC	D	0.19%	0.27%	0.19%
EXEL	B	0.11%	0.07%	0.07%
EXP	B	0.05%	0.07%	0.05%
EXPD	F	0.05%	0.12%	0.05%
EXR	D	0.12%	0.26%	0.12%
FANG	D	0.21%	0.39%	0.21%
FAST	B	0.28%	0.32%	0.28%
FBIN	F	0.05%	0.07%	0.05%
FCN	D	0.04%	0.05%	0.04%
FCNCA	B	0.08%	0.21%	0.08%
FCX	F	0.26%	0.44%	0.26%
FDX	B	0.05%	0.54%	0.05%
FE	D	0.19%	0.17%	0.17%
FFIV	B	0.07%	0.1%	0.07%
FHN	B	0.08%	0.07%	0.07%
FICO	A	0.05%	0.35%	0.05%
FIX	B	0.06%	0.1%	0.06%
FND	F	0.05%	0.08%	0.05%
FOUR	B	0.06%	0.06%	0.06%
FR	D	0.13%	0.05%	0.05%
FRPT	B	0.17%	0.05%	0.05%
FRT	C	0.13%	0.07%	0.07%
FSLR	F	0.16%	0.16%	0.16%
FTNT	A	0.07%	0.42%	0.07%
FYBR	D	0.49%	0.06%	0.06%
G	B	0.05%	0.05%	0.05%
GAP	C	0.05%	0.06%	0.05%
GEHC	D	0.08%	0.28%	0.08%
GEN	A	0.07%	0.12%	0.07%
GEV	B	0.07%	0.59%	0.07%
GFS	C	0.07%	0.17%	0.07%
GGG	B	0.05%	0.1%	0.05%
GL	B	0.07%	0.07%	0.07%
GME	C	0.06%	0.06%	0.06%
GMED	B	0.09%	0.07%	0.07%
GNRC	B	0.06%	0.07%	0.06%
GNTX	C	0.05%	0.05%	0.05%
GPC	D	0.05%	0.12%	0.05%
GPK	D	0.05%	0.06%	0.05%
GTLB	C	0.07%	0.07%	0.07%
GWRE	A	0.07%	0.11%	0.07%
HAL	D	0.21%	0.19%	0.19%
HCP	A	0.06%	0.05%	0.05%
HD	B	0.05%	2.75%	0.05%
HLI	B	0.08%	0.09%	0.08%
HOLX	D	0.08%	0.13%	0.08%
HST	C	0.14%	0.09%	0.09%
HUBB	B	0.05%	0.17%	0.05%
IBKR	A	0.08%	0.45%	0.08%
ICE	D	0.06%	0.64%	0.06%
IDXX	D	0.07%	0.25%	0.07%
IEX	B	0.06%	0.12%	0.06%
IFF	F	0.2%	0.18%	0.18%
INCY	B	0.1%	0.11%	0.1%
INFA	D	0.06%	0.06%	0.06%
INVH	D	0.13%	0.15%	0.13%
IP	B	0.29%	0.15%	0.15%
IQV	F	0.07%	0.29%	0.07%
IR	A	0.05%	0.28%	0.05%
ISRG	A	0.08%	1.31%	0.08%
ITCI	B	0.1%	0.07%	0.07%
ITT	A	0.05%	0.08%	0.05%
J	B	0.05%	0.12%	0.05%
JAZZ	B	0.08%	0.05%	0.05%
JBHT	B	0.05%	0.14%	0.05%
JBL	B	0.08%	0.1%	0.08%
JEF	B	0.08%	0.1%	0.08%
JKHY	C	0.05%	0.1%	0.05%
JNPR	C	0.5%	0.09%	0.09%
KBR	B	0.07%	0.06%	0.06%
KEX	A	0.05%	0.05%	0.05%
KEYS	B	0.05%	0.19%	0.05%
KLAC	F	0.06%	0.65%	0.06%
KMI	A	0.25%	0.39%	0.25%
KMX	C	0.05%	0.08%	0.05%
KNSL	C	0.06%	0.07%	0.06%
KNX	B	0.05%	0.06%	0.05%
KVUE	A	0.15%	0.32%	0.15%
L	B	0.06%	0.12%	0.06%
LAD	B	0.07%	0.06%	0.06%
LAMR	D	0.14%	0.1%	0.1%
LCID	F	0.03%	0.04%	0.03%
LECO	B	0.06%	0.08%	0.06%
LEN	D	0.05%	0.35%	0.05%
LH	B	0.08%	0.14%	0.08%
LII	B	0.05%	0.16%	0.05%
LIN	D	0.24%	1.54%	0.24%
LNG	B	0.22%	0.32%	0.22%
LOW	B	0.06%	1.06%	0.06%
LPX	A	0.05%	0.05%	0.05%
LSCC	C	0.08%	0.05%	0.05%
LSTR	B	0.05%	0.04%	0.04%
LW	C	0.2%	0.08%	0.08%
LYB	F	0.22%	0.2%	0.2%
MAA	C	0.13%	0.13%	0.13%
MANH	C	0.06%	0.11%	0.06%
MAS	D	0.05%	0.13%	0.05%
MCHP	F	0.06%	0.29%	0.06%
MDB	C	0.06%	0.15%	0.06%
MEDP	D	0.08%	0.08%	0.08%
MHK	D	0.04%	0.06%	0.04%
MIDD	C	0.05%	0.05%	0.05%
MKC	D	0.14%	0.15%	0.14%
MKL	A	0.07%	0.15%	0.07%
MKSI	D	0.04%	0.05%	0.04%
MKTX	C	0.07%	0.08%	0.07%
MLM	B	0.05%	0.26%	0.05%
MNST	B	0.17%	0.38%	0.17%
MOH	F	0.07%	0.14%	0.07%
MPWR	F	0.06%	0.26%	0.06%
MRO	B	0.22%	0.12%	0.12%
MRVL	B	0.07%	0.56%	0.07%
MSA	D	0.05%	0.05%	0.05%
MSCI	B	0.06%	0.32%	0.06%
MSTR	A	0.12%	0.29%	0.12%
MTD	F	0.05%	0.2%	0.05%
MTN	D	0.05%	0.05%	0.05%
MTSI	B	0.07%	0.06%	0.06%
MTZ	B	0.05%	0.08%	0.05%
MUSA	B	0.05%	0.07%	0.05%
NBIX	C	0.08%	0.09%	0.08%
NDSN	B	0.05%	0.1%	0.05%
NEE	D	0.18%	1.13%	0.18%
NEM	F	0.2%	0.38%	0.2%
NET	C	0.07%	0.22%	0.07%
NI	A	0.21%	0.11%	0.11%
NNN	F	0.12%	0.06%	0.06%
NRG	B	0.23%	0.12%	0.12%
NSC	B	0.05%	0.41%	0.05%
NTAP	C	0.06%	0.17%	0.06%
NTNX	B	0.07%	0.12%	0.07%
NUE	C	0.28%	0.24%	0.24%
NVR	D	0.05%	0.2%	0.05%
NWSA	B	0.06%	0.12%	0.06%
OC	B	0.05%	0.12%	0.05%
ODFL	B	0.06%	0.33%	0.06%
OGE	B	0.21%	0.06%	0.06%
OHI	B	0.13%	0.08%	0.08%
OKE	A	0.22%	0.43%	0.22%
OKTA	C	0.06%	0.09%	0.06%
OLED	F	0.06%	0.06%	0.06%
ON	D	0.06%	0.22%	0.06%
ONTO	F	0.06%	0.06%	0.06%
ORI	A	0.07%	0.07%	0.07%
ORLY	A	0.05%	0.47%	0.05%
OTIS	D	0.05%	0.26%	0.05%
OVV	C	0.21%	0.08%	0.08%
OWL	B	0.08%	0.21%	0.08%
OXY	F	0.2%	0.34%	0.2%
PAG	C	0.06%	0.07%	0.06%
PANW	A	0.07%	0.85%	0.07%
PATH	C	0.07%	0.05%	0.05%
PAYC	B	0.08%	0.09%	0.08%
PAYX	B	0.05%	0.36%	0.05%
PB	A	0.07%	0.05%	0.05%
PCAR	B	0.05%	0.41%	0.05%
PCG	A	0.2%	0.31%	0.2%
PCOR	B	0.08%	0.07%	0.07%
PCTY	A	0.07%	0.08%	0.07%
PEG	D	0.2%	0.28%	0.2%
PEN	B	0.09%	0.07%	0.07%
PFGC	B	0.19%	0.09%	0.09%
PGR	B	0.06%	1.05%	0.06%
PH	B	0.05%	0.59%	0.05%
PHM	D	0.05%	0.2%	0.05%
PKG	B	0.06%	0.15%	0.06%
PLD	F	0.12%	0.78%	0.12%
PLNT	B	0.06%	0.05%	0.05%
PLTR	B	0.1%	0.82%	0.1%
PNFP	B	0.08%	0.06%	0.06%
PNW	B	0.2%	0.07%	0.07%
PODD	B	0.08%	0.12%	0.08%
POOL	D	0.05%	0.1%	0.05%
POST	D	0.15%	0.05%	0.05%
PPC	B	0.2%	0.08%	0.08%
PR	B	0.22%	0.08%	0.08%
PRI	A	0.07%	0.07%	0.07%
PSA	D	0.12%	0.42%	0.12%
PWR	B	0.05%	0.32%	0.05%
QCOM	F	0.06%	1.36%	0.06%
QRVO	F	0.04%	0.05%	0.04%
RBC	B	0.26%	0.06%	0.06%
REG	B	0.13%	0.1%	0.1%
REGN	F	0.06%	0.72%	0.06%
REXR	F	0.12%	0.07%	0.07%
RF	A	0.07%	0.16%	0.07%
RGA	A	0.06%	0.1%	0.06%
RGEN	D	0.08%	0.06%	0.06%
RGLD	C	0.24%	0.07%	0.07%
RHI	B	0.06%	0.05%	0.05%
RKT	D	0.05%	0.24%	0.05%
RLI	A	0.07%	0.05%	0.05%
RMD	B	0.08%	0.26%	0.08%
ROIV	D	0.08%	0.06%	0.06%
ROL	B	0.05%	0.17%	0.05%
ROP	B	0.06%	0.42%	0.06%
RPM	B	0.05%	0.12%	0.05%
RPRX	F	0.08%	0.12%	0.08%
RRC	B	0.22%	0.05%	0.05%
RRX	C	0.06%	0.08%	0.06%
RS	B	0.28%	0.11%	0.11%
RSG	A	0.2%	0.45%	0.2%
RVTY	C	0.08%	0.11%	0.08%
RYAN	B	0.07%	0.12%	0.07%
S	B	0.08%	0.06%	0.06%
SAIA	B	0.06%	0.1%	0.06%
SAIC	B	0.07%	0.05%	0.05%
SBAC	D	0.12%	0.17%	0.12%
SCCO	D	0.26%	0.58%	0.26%
SCI	B	0.06%	0.09%	0.06%
SEIC	A	0.07%	0.07%	0.07%
SF	A	0.08%	0.08%	0.08%
SHW	B	0.05%	0.68%	0.05%
SITE	C	0.06%	0.05%	0.05%
SLB	D	0.22%	0.42%	0.22%
SMCI	F	0.03%	0.12%	0.03%
SN	D	0.05%	0.09%	0.05%
SNA	A	0.06%	0.12%	0.06%
SNOW	C	0.07%	0.28%	0.07%
SNPS	B	0.07%	0.59%	0.07%
SOLV	C	0.09%	0.1%	0.09%
SPG	B	0.14%	0.4%	0.14%
SSD	D	0.05%	0.05%	0.05%
SSNC	C	0.06%	0.13%	0.06%
STAG	F	0.13%	0.05%	0.05%
STE	F	0.07%	0.16%	0.07%
STLD	B	0.33%	0.14%	0.14%
STWD	D	0.06%	0.05%	0.05%
SUI	F	0.12%	0.13%	0.12%
SWKS	F	0.05%	0.1%	0.05%
SYY	B	0.16%	0.26%	0.16%
TER	D	0.05%	0.12%	0.05%
THC	B	0.08%	0.11%	0.08%
TKO	D	0.05%	0.14%	0.05%
TOL	B	0.05%	0.11%	0.05%
TOST	A	0.07%	0.12%	0.07%
TPL	A	0.33%	0.21%	0.21%
TPX	C	0.05%	0.06%	0.05%
TREX	C	0.05%	0.06%	0.05%
TRGP	A	0.25%	0.29%	0.25%
TRMB	B	0.06%	0.1%	0.06%
TSCO	D	0.05%	0.2%	0.05%
TSN	C	0.15%	0.16%	0.15%
TTC	D	0.05%	0.06%	0.05%
TTD	A	0.06%	0.43%	0.06%
TTEK	C	0.05%	0.09%	0.05%
TTWO	A	0.06%	0.21%	0.06%
TW	B	0.07%	0.2%	0.07%
TXRH	B	0.06%	0.09%	0.06%
TYL	B	0.06%	0.19%	0.06%
U	D	0.07%	0.06%	0.06%
UDR	D	0.13%	0.1%	0.1%
UHAL	C	0.06%	0.1%	0.06%
UHS	D	0.07%	0.11%	0.07%
UI	A	0.62%	0.11%	0.11%
UPS	D	0.05%	0.8%	0.05%
URI	B	0.06%	0.37%	0.06%
USFD	A	0.17%	0.11%	0.11%
UTHR	B	0.1%	0.12%	0.1%
UWMC	F	0.05%	0.08%	0.05%
VEEV	B	0.08%	0.26%	0.08%
VKTX	D	0.08%	0.05%	0.05%
VLO	D	0.2%	0.31%	0.2%
VLTO	D	0.04%	0.18%	0.04%
VMC	B	0.06%	0.26%	0.06%
VNO	C	0.17%	0.06%	0.06%
VRSK	A	0.04%	0.28%	0.04%
VRT	B	0.08%	0.28%	0.08%
VST	B	0.31%	0.23%	0.23%
VTR	C	0.13%	0.19%	0.13%
WAL	B	0.07%	0.07%	0.07%
WBS	B	0.09%	0.06%	0.06%
WCC	B	0.06%	0.07%	0.06%
WDC	D	0.07%	0.16%	0.07%
WEC	B	0.2%	0.21%	0.2%
WELL	B	0.14%	0.58%	0.14%
WEX	D	0.05%	0.05%	0.05%
WFRD	D	0.2%	0.05%	0.05%
WING	D	0.04%	0.07%	0.04%
WLK	F	0.23%	0.12%	0.12%
WM	A	0.21%	0.61%	0.21%
WMS	F	0.05%	0.08%	0.05%
WPC	F	0.12%	0.09%	0.09%
WRB	B	0.07%	0.16%	0.07%
WSC	F	0.04%	0.05%	0.04%
WSM	F	0.05%	0.12%	0.05%
WSO	A	0.05%	0.14%	0.05%
WST	C	0.09%	0.17%	0.09%
WTFC	A	0.08%	0.06%	0.06%
WTRG	B	0.21%	0.08%	0.08%
WY	F	0.14%	0.17%	0.14%
XOM	B	0.21%	3.78%	0.21%
XPO	B	0.06%	0.13%	0.06%
YUM	B	0.05%	0.25%	0.05%
ZION	B	0.09%	0.06%	0.06%
ZS	B	0.07%	0.21%	0.07%

EQAL Overweight 526 Positions Relative to PTL

Symbol	Grade	Weight
LBRDK	B	0.83%
LITE	B	0.66%
CHTR	B	0.6%
CMCSA	B	0.58%
IRDM	C	0.58%
CSCO	A	0.58%
TMUS	A	0.57%
MSI	B	0.53%
T	C	0.51%
ROKU	C	0.48%
VZ	D	0.47%
MP	B	0.34%
X	B	0.29%
CLF	D	0.29%
CC	D	0.28%
ESI	B	0.27%
APD	B	0.26%
MOS	D	0.26%
SMG	C	0.26%
OLN	D	0.25%
TKR	F	0.24%
HXL	D	0.24%
NEU	C	0.24%
EQT	A	0.24%
ASH	F	0.24%
WMB	A	0.24%
EMN	D	0.24%
HUN	F	0.23%
MTDR	C	0.23%
ECL	D	0.23%
FMC	F	0.23%
FTI	B	0.23%
COP	C	0.22%
AVY	F	0.22%
HES	C	0.22%
CVX	B	0.22%
NOV	D	0.21%
NFG	C	0.21%
SRE	A	0.21%
IDA	A	0.21%
D	D	0.2%
UGI	D	0.2%
PSX	D	0.2%
PPL	A	0.2%
CIVI	F	0.2%
XEL	A	0.2%
CWEN	D	0.19%
EIX	D	0.19%
MPC	D	0.19%
LNT	C	0.19%
DUK	D	0.19%
SO	D	0.19%
CTVA	C	0.18%
DAR	B	0.18%
CE	F	0.18%
AEP	D	0.18%
TAP	B	0.17%
CVS	F	0.17%
MCK	B	0.17%
KR	A	0.17%
NFE	F	0.17%
SAM	B	0.17%
INGR	B	0.17%
GO	D	0.16%
SPB	A	0.16%
CHD	B	0.16%
KRC	C	0.16%
SJM	F	0.16%
PM	C	0.16%
K	A	0.16%
MO	A	0.16%
WBA	D	0.16%
SEG	C	0.15%
CUZ	C	0.15%
PEP	F	0.15%
PK	B	0.15%
CBRE	B	0.15%
HRL	F	0.15%
KHC	F	0.15%
HHH	B	0.15%
FLO	F	0.15%
AES	F	0.15%
CLX	B	0.15%
SEB	F	0.14%
DJT	D	0.14%
RYN	F	0.14%
KDP	D	0.14%
HSY	D	0.14%
MDLZ	F	0.14%
EQIX	C	0.14%
KO	F	0.14%
KIM	B	0.14%
Z	B	0.14%
GIS	F	0.14%
HIW	D	0.14%
JLL	C	0.14%
STZ	D	0.14%
PG	D	0.14%
KMB	F	0.14%
VICI	D	0.13%
EPR	D	0.13%
GLPI	D	0.13%
AVB	B	0.13%
CL	F	0.13%
REYN	D	0.13%
IRM	C	0.13%
MASI	B	0.12%
NSA	D	0.12%
O	D	0.12%
MPW	F	0.11%
AMT	F	0.11%
ILMN	C	0.1%
NVST	C	0.1%
PINC	B	0.1%
SOFI	B	0.1%
TWLO	B	0.1%
WOLF	F	0.1%
ENOV	C	0.09%
CG	B	0.09%
MS	A	0.09%
WFC	B	0.09%
UAL	A	0.09%
CRL	C	0.09%
GILD	B	0.09%
DOCS	B	0.09%
HOOD	B	0.09%
APO	B	0.09%
BMY	B	0.09%
LPLA	A	0.09%
WAT	B	0.09%
DELL	C	0.08%
FNB	A	0.08%
SCHW	A	0.08%
OMF	B	0.08%
TMO	F	0.08%
HBAN	A	0.08%
GS	B	0.08%
NTRS	A	0.08%
CRWD	B	0.08%
JNJ	F	0.08%
CMA	B	0.08%
KEY	B	0.08%
USB	B	0.08%
FHB	B	0.08%
JHG	B	0.08%
HPE	B	0.08%
TPG	B	0.08%
LDOS	A	0.08%
LNC	B	0.08%
SHC	D	0.08%
XRAY	F	0.08%
IONS	F	0.08%
SRPT	F	0.08%
NCLH	A	0.08%
MU	C	0.08%
VTRS	B	0.08%
A	F	0.08%
AMGN	F	0.08%
PEGA	A	0.08%
AZTA	D	0.08%
RNG	C	0.08%
EQH	B	0.08%
INTC	C	0.08%
QGEN	F	0.08%
VRTX	B	0.08%
UNM	A	0.08%
BHF	B	0.08%
MDT	D	0.08%
HSIC	F	0.08%
DGX	A	0.08%
DASH	A	0.08%
RCM	B	0.08%
MTB	B	0.08%
UNH	B	0.08%
NTRA	B	0.08%
PRGO	C	0.08%
AMED	F	0.08%
IPGP	C	0.08%
CERT	F	0.08%
BDX	D	0.08%
KKR	B	0.08%
SYK	A	0.08%
TECH	C	0.08%
ABBV	D	0.08%
SNV	B	0.08%
INSP	D	0.08%
CTLT	C	0.08%
ALNY	D	0.08%
ABT	B	0.08%
COLB	B	0.08%
AMP	A	0.08%
ZBH	C	0.08%
TEAM	B	0.08%
DFS	B	0.08%
RJF	A	0.08%
CAH	B	0.08%
DAY	B	0.08%
NCNO	B	0.08%
BSX	A	0.08%
DNB	B	0.07%
NWL	B	0.07%
LVS	C	0.07%
COF	B	0.07%
NDAQ	B	0.07%
KMPR	A	0.07%
VIRT	B	0.07%
VRSN	C	0.07%
HIG	C	0.07%
LYV	A	0.07%
TFX	F	0.07%
MTCH	F	0.07%
EXPE	B	0.07%
LLY	D	0.07%
THG	A	0.07%
CNC	F	0.07%
AIZ	A	0.07%
TRIP	D	0.07%
IAC	F	0.07%
VOYA	A	0.07%
META	B	0.07%
CACC	F	0.07%
TFSL	A	0.07%
BRK.A	C	0.07%
CDNS	B	0.07%
AAL	B	0.07%
BEN	C	0.07%
AON	A	0.07%
WTM	A	0.07%
SMAR	B	0.07%
CTSH	A	0.07%
GLOB	B	0.07%
BKNG	A	0.07%
HPQ	B	0.07%
AKAM	F	0.07%
SNX	C	0.07%
DV	C	0.07%
AXS	B	0.07%
PSTG	D	0.07%
ALK	A	0.07%
FDS	A	0.07%
NOW	A	0.07%
ORCL	A	0.07%
MET	C	0.07%
AVTR	F	0.07%
IT	A	0.07%
FIVN	C	0.07%
RARE	F	0.07%
MRK	F	0.07%
TFC	A	0.07%
FTRE	D	0.07%
GOOGL	B	0.07%
BK	B	0.07%
MORN	A	0.07%
CAR	C	0.07%
AVT	C	0.07%
BIIB	F	0.07%
FITB	A	0.07%
AMG	C	0.07%
DBX	B	0.07%
TRV	B	0.07%
PINS	D	0.07%
CI	D	0.07%
GLW	B	0.07%
HUM	F	0.07%
HCA	D	0.07%
PRU	B	0.07%
CBSH	A	0.07%
ZI	C	0.07%
DUOL	B	0.07%
PSN	A	0.07%
ZTS	F	0.07%
ALLY	C	0.07%
PNC	A	0.07%
TROW	B	0.07%
WTW	A	0.07%
BAC	A	0.07%
STT	B	0.07%
ADSK	B	0.07%
AGO	B	0.07%
JPM	B	0.07%
PTC	B	0.07%
IVZ	C	0.07%
PYCR	C	0.07%
CCL	A	0.07%
RCL	A	0.07%
SLM	B	0.07%
ZM	A	0.07%
CRM	B	0.07%
OZK	B	0.07%
HUBS	A	0.07%
C	B	0.07%
BX	B	0.07%
GDDY	A	0.07%
PFE	F	0.07%
NVDA	A	0.07%
CFG	B	0.07%
ARES	B	0.07%
DHR	F	0.07%
RBA	B	0.06%
DPZ	C	0.06%
PVH	C	0.06%
NFLX	A	0.06%
UBER	F	0.06%
EA	A	0.06%
H	C	0.06%
M	D	0.06%
VNT	B	0.06%
OSK	B	0.06%
GTES	B	0.06%
DIS	C	0.06%
CZR	D	0.06%
PLTK	B	0.06%
ARMK	C	0.06%
OMC	B	0.06%
ZBRA	A	0.06%
WYNN	F	0.06%
R	B	0.06%
NXST	C	0.06%
AWI	A	0.06%
WBD	C	0.06%
SPGI	D	0.06%
ACGL	D	0.06%
LOPE	B	0.06%
MSGS	B	0.06%
TPR	B	0.06%
WHR	B	0.06%
BILL	A	0.06%
XP	F	0.06%
TXG	F	0.06%
THO	B	0.06%
AMD	F	0.06%
MRNA	F	0.06%
BBWI	C	0.06%
RBLX	A	0.06%
MCO	C	0.06%
FAF	D	0.06%
ESAB	B	0.06%
MSFT	C	0.06%
WEN	C	0.06%
SPOT	A	0.06%
RL	B	0.06%
VAC	B	0.06%
HLT	A	0.06%
UAA	B	0.06%
FLS	B	0.06%
BYD	A	0.06%
GM	B	0.06%
MAR	A	0.06%
MMC	C	0.06%
DDS	C	0.06%
ABNB	C	0.06%
LULU	C	0.06%
WDAY	B	0.06%
EG	D	0.06%
INTU	A	0.06%
VFC	C	0.06%
CB	D	0.06%
IBM	D	0.06%
OGN	F	0.06%
AAPL	D	0.06%
MTG	D	0.06%
APLS	F	0.06%
ADI	D	0.06%
ALL	A	0.06%
AMAT	F	0.06%
LRCX	F	0.06%
TNL	A	0.06%
CHH	B	0.06%
LYFT	B	0.06%
DXC	B	0.06%
FNF	C	0.06%
WH	A	0.06%
BPOP	C	0.06%
GRMN	A	0.06%
ALGM	F	0.06%
PFG	C	0.06%
NU	B	0.06%
TSLA	B	0.06%
FOXA	A	0.06%
RH	B	0.06%
BR	A	0.06%
AJG	B	0.06%
SYF	B	0.06%
KD	B	0.06%
EXAS	F	0.06%
TDC	D	0.06%
CNA	D	0.06%
BMRN	F	0.06%
TXN	B	0.06%
RNR	D	0.06%
CME	B	0.06%
TDG	B	0.05%
SON	F	0.05%
ROST	F	0.05%
NOC	C	0.05%
DE	D	0.05%
ALLE	D	0.05%
MMM	D	0.05%
W	F	0.05%
ELF	C	0.05%
FIVE	F	0.05%
KSS	F	0.05%
CLVT	F	0.05%
WWD	B	0.05%
BURL	C	0.05%
BBY	D	0.05%
GE	C	0.05%
DKS	D	0.05%
SKX	F	0.05%
LEA	F	0.05%
UNP	D	0.05%
OLLI	D	0.05%
V	A	0.05%
GPN	B	0.05%
PPG	F	0.05%
EEFT	C	0.05%
MSM	B	0.05%
TRU	D	0.05%
LFUS	D	0.05%
AZEK	B	0.05%
FIS	C	0.05%
YETI	C	0.05%
CRUS	F	0.05%
ITW	B	0.05%
LNW	C	0.05%
HOG	F	0.05%
NKE	F	0.05%
LKQ	D	0.05%
LHX	B	0.05%
EBAY	D	0.05%
SBUX	B	0.05%
HEI	C	0.05%
COLM	B	0.05%
RTX	C	0.05%
ACN	C	0.05%
TT	A	0.05%
HON	B	0.05%
TGT	C	0.05%
LEG	F	0.05%
BC	D	0.05%
BAH	C	0.05%
AAP	D	0.05%
COST	B	0.05%
AL	B	0.05%
MA	A	0.05%
IPG	F	0.05%
DKNG	B	0.05%
SEE	C	0.05%
SNDR	A	0.05%
HRB	D	0.05%
HAS	D	0.05%
TJX	B	0.05%
BIRK	F	0.05%
JCI	B	0.05%
MCD	D	0.05%
PNR	B	0.05%
JWN	B	0.05%
CHDN	C	0.05%
CMG	B	0.05%
ETSY	C	0.05%
SLGN	A	0.05%
SIRI	C	0.05%
PYPL	B	0.05%
BROS	B	0.05%
ADTN	B	0.05%
ADBE	C	0.05%
SQ	A	0.05%
MGM	F	0.05%
HAYW	C	0.05%
WAB	B	0.05%
MAT	C	0.05%
PENN	B	0.05%
WMT	A	0.05%
ETN	A	0.05%
ROK	B	0.05%
TDY	A	0.05%
F	C	0.05%
DRI	B	0.05%
SW	C	0.05%
NVT	B	0.05%
AMZN	B	0.05%
AXON	B	0.05%
NYT	C	0.05%
LUV	B	0.05%
VVV	B	0.05%
CNH	D	0.05%
CMI	B	0.05%
FI	A	0.05%
PARA	C	0.05%
ACM	B	0.05%
AXP	B	0.05%
HWM	B	0.05%
ULTA	C	0.05%
VMI	B	0.05%
GWW	B	0.05%
GXO	B	0.05%
HII	D	0.04%
RIVN	F	0.04%
EL	F	0.04%
CRI	F	0.04%
BA	F	0.04%
APTV	F	0.04%
CROX	F	0.04%
CNXC	F	0.04%
SPR	F	0.04%
COTY	F	0.04%
SWK	F	0.04%
BALL	D	0.04%
XYL	D	0.04%
VSTS	D	0.04%
DOW	F	0.04%
FTV	D	0.04%
TXT	D	0.04%
WU	F	0.04%
LMT	D	0.04%
GD	A	0.04%
AMCR	D	0.04%
QS	F	0.04%
ST	F	0.04%
CXT	D	0.04%
PII	F	0.04%
DD	D	0.04%
MAN	F	0.04%
CARR	D	0.04%
CPRI	F	0.03%
MDU	F	0.03%

EQAL Underweight 37 Positions Relative to PTL

Symbol	Grade	Weight
IOT	B	-0.19%
ERIE	F	-0.15%
SMMT	D	-0.12%
PCVX	D	-0.1%
CHWY	B	-0.1%
FLEX	B	-0.1%
INSM	D	-0.09%
SFM	B	-0.09%
EDR	C	-0.09%
LBRDA	B	-0.08%
ENSG	C	-0.07%
FLR	C	-0.07%
HLNE	B	-0.07%
MLI	B	-0.07%
RVMD	B	-0.07%
UFPI	B	-0.06%
CRS	B	-0.06%
SSB	B	-0.06%
LNTH	F	-0.06%
KNTK	B	-0.06%
HESM	D	-0.06%
SUM	B	-0.06%
ALTR	C	-0.06%
AIT	A	-0.06%
SPSC	D	-0.05%
IBP	F	-0.05%
WTS	B	-0.05%
NUVL	D	-0.05%
GKOS	A	-0.05%
SATS	C	-0.05%
MTH	D	-0.05%
NPAB	F	-0.05%
AUR	C	-0.05%
HQY	A	-0.05%
TMHC	C	-0.05%
ESNT	D	-0.04%
TRNO	D	-0.04%