EQAL vs. QARP ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.70

Average Daily Volume

3,247

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	QARP
30 Days	3.13%	2.36%
60 Days	6.87%	5.56%
90 Days	11.03%	9.00%
12 Months	32.07%	30.27%

343 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in QARP	Overlap
A	F	0.08%	0.1%	0.08%
AAL	B	0.07%	0.03%	0.03%
AAPL	D	0.06%	4.9%	0.06%
ABBV	D	0.08%	0.02%	0.02%
ABNB	C	0.06%	0.24%	0.06%
ABT	B	0.08%	0.23%	0.08%
ACGL	D	0.06%	0.24%	0.06%
ACI	C	0.16%	0.05%	0.05%
ACM	B	0.05%	0.04%	0.04%
ACN	C	0.05%	1.15%	0.05%
ADBE	C	0.05%	0.86%	0.05%
ADI	D	0.06%	0.09%	0.06%
ADM	F	0.14%	0.27%	0.14%
ADP	A	0.05%	0.21%	0.05%
ADSK	B	0.07%	0.06%	0.06%
AGCO	F	0.05%	0.06%	0.05%
ALB	C	0.26%	0.02%	0.02%
ALGN	D	0.08%	0.05%	0.05%
ALK	A	0.07%	0.04%	0.04%
ALSN	B	0.06%	0.04%	0.04%
AMAT	F	0.06%	0.79%	0.06%
AMCR	D	0.04%	0.03%	0.03%
AMD	F	0.06%	0.07%	0.06%
AMG	C	0.07%	0.09%	0.07%
AMGN	F	0.08%	0.03%	0.03%
AMZN	B	0.05%	3.87%	0.05%
ANET	C	0.59%	0.14%	0.14%
AON	A	0.07%	0.34%	0.07%
AOS	F	0.04%	0.07%	0.04%
APA	F	0.21%	0.02%	0.02%
APTV	F	0.04%	0.05%	0.04%
AR	B	0.21%	0.02%	0.02%
ARMK	C	0.06%	0.04%	0.04%
ATO	A	0.2%	0.07%	0.07%
AYI	A	0.06%	0.08%	0.06%
AZO	C	0.05%	0.34%	0.05%
BBWI	C	0.06%	0.02%	0.02%
BBY	D	0.05%	0.24%	0.05%
BIIB	F	0.07%	0.02%	0.02%
BJ	B	0.06%	0.11%	0.06%
BKNG	A	0.07%	0.81%	0.07%
BKR	B	0.25%	0.09%	0.09%
BLD	F	0.05%	0.05%	0.05%
BLDR	D	0.05%	0.17%	0.05%
BMY	B	0.09%	0.61%	0.09%
BRK.A	C	0.07%	5.09%	0.07%
BURL	C	0.05%	0.04%	0.04%
BWA	B	0.06%	0.06%	0.06%
BX	B	0.07%	0.06%	0.06%
CAH	B	0.08%	0.38%	0.08%
CASY	A	0.17%	0.12%	0.12%
CAT	B	0.05%	0.68%	0.05%
CBOE	D	0.06%	0.08%	0.06%
CBRE	B	0.15%	0.1%	0.1%
CCL	A	0.07%	0.04%	0.04%
CDNS	B	0.07%	0.02%	0.02%
CDW	F	0.06%	0.02%	0.02%
CE	F	0.18%	0.03%	0.03%
CF	B	0.25%	0.13%	0.13%
CHE	D	0.08%	0.04%	0.04%
CHRD	F	0.2%	0.04%	0.04%
CHRW	B	0.05%	0.06%	0.05%
CHTR	B	0.6%	0.13%	0.13%
CI	D	0.07%	0.55%	0.07%
CINF	A	0.07%	0.09%	0.07%
CL	F	0.13%	0.22%	0.13%
CLF	D	0.29%	0.05%	0.05%
CLX	B	0.15%	0.06%	0.06%
CMCSA	B	0.58%	0.86%	0.58%
CMG	B	0.05%	0.1%	0.05%
CMI	B	0.05%	0.26%	0.05%
CNC	F	0.07%	0.27%	0.07%
CNM	D	0.05%	0.04%	0.04%
CNP	B	0.21%	0.04%	0.04%
COF	B	0.07%	0.15%	0.07%
COIN	B	0.1%	0.04%	0.04%
COKE	D	0.15%	0.04%	0.04%
COP	C	0.22%	0.77%	0.22%
COR	A	0.16%	0.4%	0.16%
COST	B	0.05%	2.3%	0.05%
CPB	F	0.15%	0.02%	0.02%
CPNG	C	0.06%	0.11%	0.06%
CPRT	B	0.06%	0.07%	0.06%
CROX	F	0.04%	0.03%	0.03%
CRUS	F	0.05%	0.03%	0.03%
CSCO	A	0.58%	1.97%	0.58%
CSL	C	0.05%	0.05%	0.05%
CSX	B	0.05%	0.06%	0.05%
CTAS	A	0.05%	0.08%	0.05%
CTRA	C	0.21%	0.1%	0.1%
CTSH	A	0.07%	0.29%	0.07%
CTVA	C	0.18%	0.03%	0.03%
CVS	F	0.17%	0.19%	0.17%
CVX	B	0.22%	1.5%	0.22%
DAL	A	0.07%	0.21%	0.07%
DBX	B	0.07%	0.04%	0.04%
DCI	A	0.05%	0.05%	0.05%
DD	D	0.04%	0.03%	0.03%
DE	D	0.05%	0.25%	0.05%
DECK	B	0.05%	0.12%	0.05%
DGX	A	0.08%	0.03%	0.03%
DHI	D	0.04%	0.33%	0.04%
DINO	D	0.19%	0.02%	0.02%
DKS	D	0.05%	0.09%	0.05%
DLTR	F	0.05%	0.07%	0.05%
DOW	F	0.04%	0.07%	0.04%
DOX	A	0.07%	0.07%	0.07%
DPZ	C	0.06%	0.03%	0.03%
DRI	B	0.05%	0.13%	0.05%
DVN	F	0.2%	0.17%	0.17%
EA	A	0.06%	0.2%	0.06%
EBAY	D	0.05%	0.09%	0.05%
EG	D	0.06%	0.05%	0.05%
EL	F	0.04%	0.03%	0.03%
ELV	F	0.06%	0.49%	0.06%
EME	B	0.06%	0.15%	0.06%
EOG	B	0.21%	0.47%	0.21%
EPAM	C	0.06%	0.03%	0.03%
EVR	B	0.08%	0.1%	0.08%
EW	F	0.08%	0.06%	0.06%
EXEL	B	0.11%	0.03%	0.03%
EXP	B	0.05%	0.06%	0.05%
EXPD	F	0.05%	0.14%	0.05%
EXPE	B	0.07%	0.16%	0.07%
FANG	D	0.21%	0.18%	0.18%
FAST	B	0.28%	0.21%	0.21%
FCN	D	0.04%	0.03%	0.03%
FCNCA	B	0.08%	0.13%	0.08%
FCX	F	0.26%	0.04%	0.04%
FDS	A	0.07%	0.1%	0.07%
FDX	B	0.05%	0.32%	0.05%
FFIV	B	0.07%	0.06%	0.06%
FICO	A	0.05%	0.07%	0.05%
FIVE	F	0.05%	0.02%	0.02%
FIX	B	0.06%	0.04%	0.04%
FND	F	0.05%	0.05%	0.05%
FOXA	A	0.06%	0.03%	0.03%
FTNT	A	0.07%	0.19%	0.07%
G	B	0.05%	0.02%	0.02%
GAP	C	0.05%	0.03%	0.03%
GEHC	D	0.08%	0.15%	0.08%
GEV	B	0.07%	0.19%	0.07%
GGG	B	0.05%	0.07%	0.05%
GILD	B	0.09%	0.33%	0.09%
GIS	F	0.14%	0.09%	0.09%
GLPI	D	0.13%	0.03%	0.03%
GM	B	0.06%	0.24%	0.06%
GNTX	C	0.05%	0.04%	0.04%
GOOGL	B	0.07%	2.34%	0.07%
GPC	D	0.05%	0.07%	0.05%
GRMN	A	0.06%	0.16%	0.06%
GWW	B	0.05%	0.27%	0.05%
HAL	D	0.21%	0.06%	0.06%
HCA	D	0.07%	0.29%	0.07%
HD	B	0.05%	2.02%	0.05%
HII	D	0.04%	0.02%	0.02%
HLI	B	0.08%	0.04%	0.04%
HOLX	D	0.08%	0.05%	0.05%
HPQ	B	0.07%	0.08%	0.07%
HRB	D	0.05%	0.09%	0.05%
HST	C	0.14%	0.03%	0.03%
HSY	D	0.14%	0.09%	0.09%
HUM	F	0.07%	0.29%	0.07%
INCY	B	0.1%	0.07%	0.07%
INGR	B	0.17%	0.05%	0.05%
INTC	C	0.08%	0.08%	0.08%
IP	B	0.29%	0.05%	0.05%
ISRG	A	0.08%	0.17%	0.08%
ITT	A	0.05%	0.05%	0.05%
ITW	B	0.05%	0.32%	0.05%
J	B	0.05%	0.04%	0.04%
JBHT	B	0.05%	0.05%	0.05%
JBL	B	0.08%	0.06%	0.06%
JHG	B	0.08%	0.03%	0.03%
JKHY	C	0.05%	0.05%	0.05%
JNJ	F	0.08%	2.48%	0.08%
JNPR	C	0.5%	0.04%	0.04%
K	A	0.16%	0.06%	0.06%
KEYS	B	0.05%	0.12%	0.05%
KLAC	F	0.06%	0.18%	0.06%
KMB	F	0.14%	0.16%	0.14%
KNSL	C	0.06%	0.03%	0.03%
KNX	B	0.05%	0.03%	0.03%
KR	A	0.17%	0.3%	0.17%
KVUE	A	0.15%	0.21%	0.15%
LAMR	D	0.14%	0.03%	0.03%
LEA	F	0.05%	0.04%	0.04%
LECO	B	0.06%	0.04%	0.04%
LEN	D	0.05%	0.43%	0.05%
LH	B	0.08%	0.07%	0.07%
LKQ	D	0.05%	0.02%	0.02%
LLY	D	0.07%	0.03%	0.03%
LMT	D	0.04%	0.74%	0.04%
LNG	B	0.22%	0.07%	0.07%
LOPE	B	0.06%	0.03%	0.03%
LOW	B	0.06%	0.8%	0.06%
LPLA	A	0.09%	0.17%	0.09%
LPX	A	0.05%	0.04%	0.04%
LRCX	F	0.06%	0.47%	0.06%
LSTR	B	0.05%	0.05%	0.05%
LULU	C	0.06%	0.18%	0.06%
LUV	B	0.05%	0.1%	0.05%
LVS	C	0.07%	0.05%	0.05%
LYB	F	0.22%	0.09%	0.09%
LYV	A	0.07%	0.08%	0.07%
M	D	0.06%	0.02%	0.02%
MA	A	0.05%	1.58%	0.05%
MAR	A	0.06%	0.12%	0.06%
MAS	D	0.05%	0.08%	0.05%
MCD	D	0.05%	0.4%	0.05%
MCHP	F	0.06%	0.04%	0.04%
MCK	B	0.17%	1.02%	0.17%
MCO	C	0.06%	0.33%	0.06%
MEDP	D	0.08%	0.03%	0.03%
META	B	0.07%	5.26%	0.07%
MGM	F	0.05%	0.05%	0.05%
MHK	D	0.04%	0.03%	0.03%
MKTX	C	0.07%	0.06%	0.06%
MMC	C	0.06%	0.57%	0.06%
MMM	D	0.05%	0.12%	0.05%
MNST	B	0.17%	0.15%	0.15%
MO	A	0.16%	0.63%	0.16%
MOH	F	0.07%	0.07%	0.07%
MOS	D	0.26%	0.05%	0.05%
MPC	D	0.19%	0.25%	0.19%
MRK	F	0.07%	0.34%	0.07%
MRNA	F	0.06%	0.07%	0.06%
MRO	B	0.22%	0.11%	0.11%
MSCI	B	0.06%	0.23%	0.06%
MSFT	C	0.06%	2.03%	0.06%
MSM	B	0.05%	0.03%	0.03%
MTD	F	0.05%	0.11%	0.05%
MTG	D	0.06%	0.11%	0.06%
MTZ	B	0.05%	0.03%	0.03%
MU	C	0.08%	0.38%	0.08%
MUSA	B	0.05%	0.05%	0.05%
NEU	C	0.24%	0.02%	0.02%
NKE	F	0.05%	0.33%	0.05%
NTAP	C	0.06%	0.06%	0.06%
NUE	C	0.28%	0.37%	0.28%
NVDA	A	0.07%	0.17%	0.07%
NVR	D	0.05%	0.25%	0.05%
NYT	C	0.05%	0.04%	0.04%
OC	B	0.05%	0.13%	0.05%
ODFL	B	0.06%	0.18%	0.06%
OLN	D	0.25%	0.03%	0.03%
ON	D	0.06%	0.05%	0.05%
ORCL	A	0.07%	0.05%	0.05%
ORLY	A	0.05%	0.37%	0.05%
OSK	B	0.06%	0.04%	0.04%
OTIS	D	0.05%	0.05%	0.05%
OVV	C	0.21%	0.03%	0.03%
OXY	F	0.2%	0.06%	0.06%
PAYC	B	0.08%	0.04%	0.04%
PAYX	B	0.05%	0.2%	0.05%
PCAR	B	0.05%	0.23%	0.05%
PFE	F	0.07%	0.53%	0.07%
PFGC	B	0.19%	0.08%	0.08%
PG	D	0.14%	1.36%	0.14%
PGR	B	0.06%	0.06%	0.06%
PHM	D	0.05%	0.22%	0.05%
PII	F	0.04%	0.03%	0.03%
PINC	B	0.1%	0.03%	0.03%
PKG	B	0.06%	0.06%	0.06%
PM	C	0.16%	0.58%	0.16%
POOL	D	0.05%	0.06%	0.05%
PSA	D	0.12%	0.32%	0.12%
PSX	D	0.2%	0.12%	0.12%
PVH	C	0.06%	0.03%	0.03%
PWR	B	0.05%	0.06%	0.05%
PYPL	B	0.05%	0.33%	0.05%
QCOM	F	0.06%	0.27%	0.06%
REGN	F	0.06%	0.28%	0.06%
RHI	B	0.06%	0.07%	0.06%
RL	B	0.06%	0.05%	0.05%
RLI	A	0.07%	0.03%	0.03%
RNR	D	0.06%	0.06%	0.06%
ROK	B	0.05%	0.09%	0.05%
ROL	B	0.05%	0.04%	0.04%
ROST	F	0.05%	0.26%	0.05%
RPRX	F	0.08%	0.03%	0.03%
RS	B	0.28%	0.16%	0.16%
SAIA	B	0.06%	0.05%	0.05%
SBUX	B	0.05%	0.52%	0.05%
SEIC	A	0.07%	0.07%	0.07%
SJM	F	0.16%	0.03%	0.03%
SKX	F	0.05%	0.06%	0.05%
SLB	D	0.22%	0.13%	0.13%
SNA	A	0.06%	0.12%	0.06%
SOLV	C	0.09%	0.11%	0.09%
SPG	B	0.14%	0.2%	0.14%
SPGI	D	0.06%	0.07%	0.06%
SSD	D	0.05%	0.03%	0.03%
STLD	B	0.33%	0.24%	0.24%
SWKS	F	0.05%	0.08%	0.05%
SYF	B	0.06%	0.12%	0.06%
SYY	B	0.16%	0.34%	0.16%
T	C	0.51%	0.7%	0.51%
TAP	B	0.17%	0.03%	0.03%
TER	D	0.05%	0.03%	0.03%
TGT	C	0.05%	0.4%	0.05%
THO	B	0.06%	0.03%	0.03%
TJX	B	0.05%	0.8%	0.05%
TOL	B	0.05%	0.08%	0.05%
TPR	B	0.06%	0.11%	0.06%
TROW	B	0.07%	0.25%	0.07%
TSCO	D	0.05%	0.16%	0.05%
TSLA	B	0.06%	0.62%	0.06%
TSN	C	0.15%	0.04%	0.04%
TT	A	0.05%	0.07%	0.05%
TTEK	C	0.05%	0.03%	0.03%
TXN	B	0.06%	0.38%	0.06%
TXRH	B	0.06%	0.06%	0.06%
TXT	D	0.04%	0.06%	0.04%
UAL	A	0.09%	0.09%	0.09%
UHS	D	0.07%	0.05%	0.05%
ULTA	C	0.05%	0.16%	0.05%
UNH	B	0.08%	2.27%	0.08%
UNP	D	0.05%	0.12%	0.05%
UPS	D	0.05%	0.42%	0.05%
URI	B	0.06%	0.22%	0.06%
USFD	A	0.17%	0.04%	0.04%
UTHR	B	0.1%	0.11%	0.1%
V	A	0.05%	1.8%	0.05%
VICI	D	0.13%	0.08%	0.08%
VLO	D	0.2%	0.17%	0.17%
VRSN	C	0.07%	0.06%	0.06%
VRTX	B	0.08%	0.23%	0.08%
VST	B	0.31%	0.18%	0.18%
VVV	B	0.05%	0.03%	0.03%
VZ	D	0.47%	0.67%	0.47%
WAT	B	0.09%	0.03%	0.03%
WBD	C	0.06%	0.04%	0.04%
WMT	A	0.05%	2.93%	0.05%
WSM	F	0.05%	0.16%	0.05%
WSO	A	0.05%	0.07%	0.05%
WST	C	0.09%	0.08%	0.08%
WTW	A	0.07%	0.03%	0.03%
WY	F	0.14%	0.08%	0.08%
WYNN	F	0.06%	0.04%	0.04%
X	B	0.29%	0.04%	0.04%
XOM	B	0.21%	3.23%	0.21%
YUM	B	0.05%	0.05%	0.05%

EQAL Overweight 624 Positions Relative to QARP

Symbol	Grade	Weight
LBRDK	B	0.83%
LITE	B	0.66%
UI	A	0.62%
CIEN	B	0.62%
IRDM	C	0.58%
TMUS	A	0.57%
MSI	B	0.53%
FYBR	D	0.49%
ROKU	C	0.48%
MP	B	0.34%
AA	C	0.34%
TPL	A	0.33%
CC	D	0.28%
ESI	B	0.27%
APD	B	0.26%
RBC	B	0.26%
SMG	C	0.26%
SCCO	D	0.26%
TRGP	A	0.25%
DTM	A	0.25%
KMI	A	0.25%
LIN	D	0.24%
TKR	F	0.24%
HXL	D	0.24%
EQT	A	0.24%
ASH	F	0.24%
WMB	A	0.24%
RGLD	C	0.24%
CEG	D	0.24%
EMN	D	0.24%
HUN	F	0.23%
MTDR	C	0.23%
NRG	B	0.23%
ECL	D	0.23%
FMC	F	0.23%
FTI	B	0.23%
ETR	B	0.23%
WLK	F	0.23%
CLH	B	0.22%
PR	B	0.22%
AVY	F	0.22%
HES	C	0.22%
OKE	A	0.22%
RRC	B	0.22%
NI	A	0.21%
NOV	D	0.21%
WM	A	0.21%
AEE	A	0.21%
WTRG	B	0.21%
NFG	C	0.21%
OGE	B	0.21%
SRE	A	0.21%
IDA	A	0.21%
WFRD	D	0.2%
AGR	C	0.2%
LW	C	0.2%
D	D	0.2%
NEM	F	0.2%
PEG	D	0.2%
RSG	A	0.2%
PNW	B	0.2%
UGI	D	0.2%
WEC	B	0.2%
EVRG	A	0.2%
IFF	F	0.2%
PPL	A	0.2%
PPC	B	0.2%
CIVI	F	0.2%
PCG	A	0.2%
AM	B	0.2%
XEL	A	0.2%
FE	D	0.19%
CWEN	D	0.19%
ED	D	0.19%
EIX	D	0.19%
EXC	D	0.19%
LNT	C	0.19%
DTE	D	0.19%
CMS	D	0.19%
DUK	D	0.19%
SO	D	0.19%
NEE	D	0.18%
ES	F	0.18%
AWK	D	0.18%
DAR	B	0.18%
AEP	D	0.18%
BRBR	A	0.18%
VNO	C	0.17%
FRPT	B	0.17%
NFE	F	0.17%
SAM	B	0.17%
GO	D	0.16%
SPB	A	0.16%
CHD	B	0.16%
KRC	C	0.16%
FSLR	F	0.16%
WBA	D	0.16%
SEG	C	0.15%
CUZ	C	0.15%
PEP	F	0.15%
DLR	B	0.15%
PK	B	0.15%
POST	D	0.15%
HRL	F	0.15%
KHC	F	0.15%
HHH	B	0.15%
FLO	F	0.15%
AES	F	0.15%
SEB	F	0.14%
DOC	C	0.14%
DJT	D	0.14%
RYN	F	0.14%
ENPH	F	0.14%
BG	D	0.14%
KDP	D	0.14%
MDLZ	F	0.14%
EQIX	C	0.14%
KO	F	0.14%
KIM	B	0.14%
BXP	D	0.14%
BRX	B	0.14%
Z	B	0.14%
WELL	B	0.14%
HIW	D	0.14%
JLL	C	0.14%
CAG	F	0.14%
STZ	D	0.14%
CELH	F	0.14%
MKC	D	0.14%
INVH	D	0.13%
EQR	D	0.13%
ARE	F	0.13%
UDR	D	0.13%
MAA	C	0.13%
EPR	D	0.13%
EGP	D	0.13%
ESS	C	0.13%
FR	D	0.13%
CPT	C	0.13%
CSGP	D	0.13%
ADC	B	0.13%
STAG	F	0.13%
AVB	B	0.13%
VTR	C	0.13%
FRT	C	0.13%
OHI	B	0.13%
REG	B	0.13%
REYN	D	0.13%
IRM	C	0.13%
NNN	F	0.12%
MASI	B	0.12%
REXR	F	0.12%
CUBE	D	0.12%
CCI	F	0.12%
COLD	F	0.12%
PLD	F	0.12%
MSTR	A	0.12%
NSA	D	0.12%
WPC	F	0.12%
AMH	D	0.12%
EXR	D	0.12%
SUI	F	0.12%
SBAC	D	0.12%
O	D	0.12%
ELS	C	0.12%
MPW	F	0.11%
AMT	F	0.11%
ILMN	C	0.1%
NVST	C	0.1%
ITCI	B	0.1%
PLTR	B	0.1%
SOFI	B	0.1%
APP	A	0.1%
TWLO	B	0.1%
WOLF	F	0.1%
CFLT	B	0.09%
ZION	B	0.09%
CFR	B	0.09%
ENOV	C	0.09%
CG	B	0.09%
WBS	B	0.09%
MS	A	0.09%
CVNA	B	0.09%
WFC	B	0.09%
CRL	C	0.09%
DOCS	B	0.09%
HOOD	B	0.09%
EWBC	A	0.09%
APO	B	0.09%
EHC	B	0.09%
BIO	C	0.09%
PEN	B	0.09%
GMED	B	0.09%
S	B	0.08%
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%
CACI	B	0.08%
CRWD	B	0.08%
LSCC	C	0.08%
CMA	B	0.08%
KEY	B	0.08%
PCOR	B	0.08%
USB	B	0.08%
FHB	B	0.08%
ROIV	D	0.08%
JEF	B	0.08%
HPE	B	0.08%
TPG	B	0.08%
LDOS	A	0.08%
LNC	B	0.08%
SHC	D	0.08%
RMD	B	0.08%
XRAY	F	0.08%
VEEV	B	0.08%
IONS	F	0.08%
SRPT	F	0.08%
NCLH	A	0.08%
VTRS	B	0.08%
PEGA	A	0.08%
AZTA	D	0.08%
RNG	C	0.08%
EQH	B	0.08%
QGEN	F	0.08%
DXCM	C	0.08%
UNM	A	0.08%
BHF	B	0.08%
MDT	D	0.08%
HSIC	F	0.08%
DASH	A	0.08%
RCM	B	0.08%
MTB	B	0.08%
NTRA	B	0.08%
THC	B	0.08%
PRGO	C	0.08%
FHN	B	0.08%
AMED	F	0.08%
IPGP	C	0.08%
CERT	F	0.08%
BDX	D	0.08%
KKR	B	0.08%
COHR	B	0.08%
SYK	A	0.08%
RGEN	D	0.08%
PNFP	B	0.08%
NBIX	C	0.08%
WTFC	A	0.08%
TECH	C	0.08%
SNV	B	0.08%
PODD	B	0.08%
INSP	D	0.08%
RVTY	C	0.08%
CTLT	C	0.08%
ALNY	D	0.08%
COLB	B	0.08%
AMP	A	0.08%
ZBH	C	0.08%
JAZZ	B	0.08%
TEAM	B	0.08%
VKTX	D	0.08%
DFS	B	0.08%
RJF	A	0.08%
IBKR	A	0.08%
OWL	B	0.08%
DOCU	A	0.08%
SF	A	0.08%
DAY	B	0.08%
NCNO	B	0.08%
VRT	B	0.08%
BSX	A	0.08%
ORI	A	0.07%
DNB	B	0.07%
NWL	B	0.07%
SNOW	C	0.07%
NDAQ	B	0.07%
KMPR	A	0.07%
VIRT	B	0.07%
HIG	C	0.07%
TFX	F	0.07%
DLB	C	0.07%
MTCH	F	0.07%
WRB	B	0.07%
THG	A	0.07%
AIZ	A	0.07%
TRIP	D	0.07%
IAC	F	0.07%
ANSS	B	0.07%
AVGO	B	0.07%
VOYA	A	0.07%
RYAN	B	0.07%
GL	B	0.07%
CACC	F	0.07%
TFSL	A	0.07%
NTNX	B	0.07%
PATH	C	0.07%
PCTY	A	0.07%
AIG	C	0.07%
BEN	C	0.07%
SAIC	B	0.07%
WDC	D	0.07%
WTM	A	0.07%
SMAR	B	0.07%
GLOB	B	0.07%
GTLB	C	0.07%
AKAM	F	0.07%
SNX	C	0.07%
DT	C	0.07%
MKL	A	0.07%
DV	C	0.07%
AXS	B	0.07%
PSTG	D	0.07%
NOW	A	0.07%
MET	C	0.07%
AVTR	F	0.07%
IT	A	0.07%
GWRE	A	0.07%
SNPS	B	0.07%
FIVN	C	0.07%
RARE	F	0.07%
KBR	B	0.07%
TFC	A	0.07%
APH	B	0.07%
PB	A	0.07%
FTRE	D	0.07%
BK	B	0.07%
MORN	A	0.07%
CAR	C	0.07%
BRO	A	0.07%
AVT	C	0.07%
U	D	0.07%
FITB	A	0.07%
IDXX	D	0.07%
TRV	B	0.07%
PINS	D	0.07%
GLW	B	0.07%
ESTC	C	0.07%
PRU	B	0.07%
ZS	B	0.07%
CBSH	A	0.07%
ZI	C	0.07%
DUOL	B	0.07%
PRI	A	0.07%
PSN	A	0.07%
ZTS	F	0.07%
ELAN	D	0.07%
ALLY	C	0.07%
TW	B	0.07%
PNC	A	0.07%
GEN	A	0.07%
DDOG	C	0.07%
GFS	C	0.07%
MRVL	B	0.07%
BAC	A	0.07%
STT	B	0.07%
PANW	A	0.07%
LAD	B	0.07%
BRKR	F	0.07%
BOKF	B	0.07%
AGO	B	0.07%
JPM	B	0.07%
BAX	F	0.07%
PTC	B	0.07%
IVZ	C	0.07%
PYCR	C	0.07%
RCL	A	0.07%
SLM	B	0.07%
ZM	A	0.07%
STE	F	0.07%
TOST	A	0.07%
NET	C	0.07%
MTSI	B	0.07%
IQV	F	0.07%
RF	A	0.07%
CRM	B	0.07%
DVA	C	0.07%
OZK	B	0.07%
HUBS	A	0.07%
C	B	0.07%
GDDY	A	0.07%
CRBG	C	0.07%
CFG	B	0.07%
ARES	B	0.07%
DHR	F	0.07%
WAL	B	0.07%
MPWR	F	0.06%
RRX	C	0.06%
RBA	B	0.06%
SITE	C	0.06%
NFLX	A	0.06%
UBER	F	0.06%
VMC	B	0.06%
H	C	0.06%
TRMB	B	0.06%
VNT	B	0.06%
AMKR	F	0.06%
IEX	B	0.06%
AGNC	D	0.06%
PLNT	B	0.06%
GTES	B	0.06%
DIS	C	0.06%
CZR	D	0.06%
EMR	A	0.06%
PLTK	B	0.06%
ONTO	F	0.06%
UHAL	C	0.06%
OMC	B	0.06%
ZBRA	A	0.06%
GNRC	B	0.06%
R	B	0.06%
NXST	C	0.06%
AWI	A	0.06%
GME	C	0.06%
OLED	F	0.06%
TTWO	A	0.06%
PAG	C	0.06%
AAON	B	0.06%
MDB	C	0.06%
MSGS	B	0.06%
WHR	B	0.06%
BILL	A	0.06%
CW	B	0.06%
XP	F	0.06%
TXG	F	0.06%
SCI	B	0.06%
STWD	D	0.06%
RBLX	A	0.06%
ENTG	D	0.06%
FOUR	B	0.06%
FAF	D	0.06%
ESAB	B	0.06%
NWSA	B	0.06%
ICE	D	0.06%
HCP	A	0.06%
WEN	C	0.06%
SPOT	A	0.06%
VAC	B	0.06%
HLT	A	0.06%
UAA	B	0.06%
FLS	B	0.06%
BYD	A	0.06%
DDS	C	0.06%
ARW	F	0.06%
AFG	B	0.06%
WDAY	B	0.06%
INTU	A	0.06%
VFC	C	0.06%
CB	D	0.06%
SSNC	C	0.06%
IBM	D	0.06%
WCC	B	0.06%
XPO	B	0.06%
OGN	F	0.06%
AFL	C	0.06%
APPF	B	0.06%
TTD	A	0.06%
APLS	F	0.06%
ALL	A	0.06%
BSY	D	0.06%
TNL	A	0.06%
CHH	B	0.06%
LYFT	B	0.06%
DXC	B	0.06%
FNF	C	0.06%
TYL	B	0.06%
INFA	D	0.06%
WH	A	0.06%
BPOP	C	0.06%
L	B	0.06%
ALGM	F	0.06%
OKTA	C	0.06%
PFG	C	0.06%
NU	B	0.06%
RGA	A	0.06%
RH	B	0.06%
BR	A	0.06%
AJG	B	0.06%
KD	B	0.06%
EXAS	F	0.06%
TDC	D	0.06%
CNA	D	0.06%
BMRN	F	0.06%
ROP	B	0.06%
MANH	C	0.06%
CME	B	0.06%
TDG	B	0.05%
SON	F	0.05%
GPK	D	0.05%
MSA	D	0.05%
NOC	C	0.05%
ATI	D	0.05%
UWMC	F	0.05%
ALLE	D	0.05%
W	F	0.05%
SHW	B	0.05%
SN	D	0.05%
ELF	C	0.05%
TTC	D	0.05%
KSS	F	0.05%
CLVT	F	0.05%
WWD	B	0.05%
GE	C	0.05%
FBIN	F	0.05%
BERY	C	0.05%
CCK	B	0.05%
WEX	D	0.05%
DOV	A	0.05%
DG	F	0.05%
OLLI	D	0.05%
GPN	B	0.05%
LII	B	0.05%
PPG	F	0.05%
EEFT	C	0.05%
TRU	D	0.05%
LFUS	D	0.05%
AZEK	B	0.05%
FIS	C	0.05%
YETI	C	0.05%
MTN	D	0.05%
LNW	C	0.05%
HOG	F	0.05%
MIDD	C	0.05%
NDSN	B	0.05%
APG	B	0.05%
LHX	B	0.05%
AXTA	B	0.05%
HEI	C	0.05%
COLM	B	0.05%
RTX	C	0.05%
HON	B	0.05%
LEG	F	0.05%
BC	D	0.05%
BAH	C	0.05%
TPX	C	0.05%
AAP	D	0.05%
AL	B	0.05%
IPG	F	0.05%
CGNX	B	0.05%
DKNG	B	0.05%
SEE	C	0.05%
AN	D	0.05%
SNDR	A	0.05%
HAS	D	0.05%
ATR	A	0.05%
BIRK	F	0.05%
TREX	C	0.05%
JCI	B	0.05%
WMS	F	0.05%
PNR	B	0.05%
CPAY	A	0.05%
JWN	B	0.05%
RKT	D	0.05%
RPM	B	0.05%
CHDN	C	0.05%
KEX	A	0.05%
ETSY	C	0.05%
CR	B	0.05%
SLGN	A	0.05%
SIRI	C	0.05%
KMX	C	0.05%
BROS	B	0.05%
ADTN	B	0.05%
SQ	A	0.05%
NSC	B	0.05%
HAYW	C	0.05%
WAB	B	0.05%
MAT	C	0.05%
PENN	B	0.05%
AME	A	0.05%
IR	A	0.05%
ETN	A	0.05%
TDY	A	0.05%
F	C	0.05%
SW	C	0.05%
NVT	B	0.05%
AXON	B	0.05%
AFRM	A	0.05%
MLM	B	0.05%
HUBB	B	0.05%
CNH	D	0.05%
PH	B	0.05%
BWXT	A	0.05%
FI	A	0.05%
PARA	C	0.05%
AXP	B	0.05%
HWM	B	0.05%
VMI	B	0.05%
GXO	B	0.05%
TKO	D	0.05%
RIVN	F	0.04%
WING	D	0.04%
CRI	F	0.04%
EFX	D	0.04%
BA	F	0.04%
CNXC	F	0.04%
SPR	F	0.04%
QRVO	F	0.04%
BFAM	F	0.04%
COTY	F	0.04%
SWK	F	0.04%
BALL	D	0.04%
XYL	D	0.04%
VSTS	D	0.04%
MKSI	D	0.04%
WSC	F	0.04%
ACHC	F	0.04%
FTV	D	0.04%
WU	F	0.04%
GD	A	0.04%
VLTO	D	0.04%
QS	F	0.04%
ST	F	0.04%
CXT	D	0.04%
VRSK	A	0.04%
MAN	F	0.04%
CARR	D	0.04%
LCID	F	0.03%
CPRI	F	0.03%
MDU	F	0.03%
SMCI	F	0.03%

EQAL Underweight 2 Positions Relative to QARP

	Symbol	Grade	Weight
	GOOG	B	-2.12%
	IWB	A	-0.0%