EQAL vs. SPLV ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

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

$51.90

Average Daily Volume

22,597

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$74.11

Average Daily Volume

1,597,024

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	SPLV
30 Days	6.83%	3.97%
60 Days	7.19%	4.26%
90 Days	10.01%	5.94%
12 Months	29.53%	22.91%

114 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in SPLV	Overlap
ABBV	D	0.07%	0.0%	0.0%
ABT	B	0.08%	0.98%	0.08%
ADP	B	0.05%	1.11%	0.05%
AEP	D	0.18%	0.91%	0.18%
AFL	B	0.06%	0.0%	0.0%
AIG	B	0.07%	0.0%	0.0%
AJG	A	0.07%	0.94%	0.07%
AME	A	0.05%	0.0%	0.0%
AMP	B	0.08%	0.94%	0.08%
ATO	A	0.21%	1.21%	0.21%
AVB	B	0.13%	0.92%	0.13%
AVY	D	0.22%	0.92%	0.22%
BK	A	0.07%	0.99%	0.07%
BR	A	0.07%	0.98%	0.07%
BRK.A	B	0.07%	1.31%	0.07%
BRO	B	0.07%	0.92%	0.07%
BSX	C	0.09%	1.07%	0.09%
CB	D	0.06%	1.02%	0.06%
CBOE	B	0.06%	0.0%	0.0%
CHD	B	0.16%	1.07%	0.16%
CL	D	0.14%	1.23%	0.14%
CME	A	0.07%	1.04%	0.07%
CMS	C	0.19%	1.03%	0.19%
COR	C	0.16%	0.99%	0.16%
COST	B	0.05%	0.02%	0.02%
CSCO	A	0.58%	0.0%	0.0%
CSX	B	0.05%	0.85%	0.05%
CTAS	B	0.05%	0.94%	0.05%
CVX	B	0.23%	0.93%	0.23%
DGX	B	0.08%	0.0%	0.0%
DRI	B	0.05%	0.0%	0.0%
DTE	C	0.19%	0.9%	0.19%
DUK	C	0.19%	1.07%	0.19%
EA	C	0.06%	1.03%	0.06%
ECL	D	0.23%	0.91%	0.23%
ED	D	0.18%	1.0%	0.18%
EIX	A	0.19%	0.96%	0.19%
ETR	B	0.23%	0.0%	0.0%
EVRG	A	0.21%	1.02%	0.21%
FE	D	0.18%	1.05%	0.18%
FI	A	0.05%	1.08%	0.05%
FRT	A	0.13%	0.89%	0.13%
GD	F	0.04%	1.03%	0.04%
GIS	D	0.14%	0.88%	0.14%
HIG	B	0.07%	0.91%	0.07%
HLT	A	0.06%	0.94%	0.06%
HOLX	D	0.08%	0.96%	0.08%
HON	B	0.05%	1.11%	0.05%
ICE	D	0.06%	1.06%	0.06%
ITW	A	0.05%	1.09%	0.05%
JKHY	D	0.04%	0.89%	0.04%
JNJ	D	0.07%	1.11%	0.07%
JPM	B	0.07%	0.01%	0.01%
KDP	D	0.14%	0.97%	0.14%
KMB	C	0.15%	0.99%	0.15%
KMI	B	0.26%	1.07%	0.26%
KO	D	0.14%	1.37%	0.14%
L	B	0.06%	1.15%	0.06%
LDOS	D	0.07%	0.73%	0.07%
LHX	C	0.05%	0.9%	0.05%
LIN	D	0.23%	1.08%	0.23%
LMT	D	0.04%	1.04%	0.04%
LNT	A	0.2%	1.05%	0.2%
LYB	F	0.21%	0.9%	0.21%
MA	B	0.05%	1.13%	0.05%
MCD	D	0.05%	0.97%	0.05%
MCK	C	0.19%	0.02%	0.02%
MDLZ	F	0.14%	1.0%	0.14%
MDT	D	0.08%	0.92%	0.08%
MET	A	0.07%	0.0%	0.0%
MMC	A	0.06%	1.17%	0.06%
MO	A	0.17%	0.94%	0.17%
MSI	C	0.56%	1.08%	0.56%
NDAQ	A	0.07%	0.93%	0.07%
NI	A	0.21%	1.09%	0.21%
NOC	D	0.04%	0.92%	0.04%
O	D	0.12%	0.93%	0.12%
OKE	C	0.24%	0.99%	0.24%
ORLY	B	0.05%	0.91%	0.05%
OTIS	C	0.05%	0.94%	0.05%
PAYX	B	0.05%	0.87%	0.05%
PCG	B	0.21%	0.92%	0.21%
PEG	A	0.21%	1.03%	0.21%
PEP	F	0.15%	1.04%	0.15%
PG	A	0.15%	1.22%	0.15%
PKG	B	0.05%	0.89%	0.05%
PM	B	0.16%	0.96%	0.16%
PNW	B	0.2%	0.9%	0.2%
PPG	D	0.05%	0.93%	0.05%
PPL	B	0.2%	1.09%	0.2%
PRU	A	0.07%	0.0%	0.0%
REG	B	0.14%	0.92%	0.14%
ROP	B	0.06%	0.98%	0.06%
RSG	A	0.2%	1.22%	0.2%
RTX	D	0.05%	0.99%	0.05%
SO	D	0.19%	1.0%	0.19%
SPGI	C	0.06%	1.01%	0.06%
SRE	A	0.22%	1.02%	0.22%
STZ	D	0.15%	0.95%	0.15%
SYK	C	0.08%	0.97%	0.08%
SYY	C	0.15%	0.9%	0.15%
TJX	A	0.05%	1.03%	0.05%
TMUS	A	0.59%	1.17%	0.59%
UNP	C	0.04%	0.91%	0.04%
V	A	0.05%	1.1%	0.05%
VICI	C	0.13%	0.92%	0.13%
VRSN	F	0.07%	0.93%	0.07%
WEC	A	0.2%	0.97%	0.2%
WELL	C	0.14%	0.94%	0.14%
WM	A	0.21%	0.97%	0.21%
WMB	B	0.24%	0.98%	0.24%
WMT	B	0.05%	0.92%	0.05%
WTW	B	0.07%	1.0%	0.07%
YUM	B	0.05%	1.07%	0.05%

EQAL Overweight 854 Positions Relative to SPLV

Symbol	Grade	Weight
UI	A	0.85%
LITE	B	0.78%
LBRDK	C	0.74%
CIEN	B	0.64%
CHTR	C	0.58%
IRDM	C	0.57%
CMCSA	C	0.56%
ANET	C	0.54%
T	A	0.51%
JNPR	F	0.5%
ROKU	D	0.5%
FYBR	D	0.49%
VZ	B	0.46%
VST	B	0.34%
TPL	B	0.34%
MP	A	0.32%
AA	A	0.31%
STLD	B	0.29%
FAST	B	0.28%
IP	B	0.28%
CC	C	0.27%
APD	A	0.27%
RS	B	0.27%
ALB	C	0.27%
BKR	C	0.26%
EQT	B	0.26%
TRGP	B	0.26%
RBC	B	0.26%
DTM	B	0.26%
CF	B	0.26%
ESI	B	0.26%
SMG	C	0.26%
NUE	D	0.25%
MOS	F	0.25%
X	C	0.25%
OLN	F	0.24%
CLF	F	0.24%
EMN	D	0.24%
SCCO	F	0.24%
FCX	F	0.24%
EOG	C	0.23%
AR	B	0.23%
NRG	C	0.23%
PR	C	0.23%
OVV	C	0.23%
RRC	B	0.23%
HXL	D	0.23%
NEU	C	0.23%
RGLD	D	0.23%
CEG	D	0.23%
MTDR	C	0.23%
LNG	B	0.23%
FTI	A	0.23%
SLB	C	0.22%
ASH	F	0.22%
COP	D	0.22%
WLK	D	0.22%
MRO	B	0.22%
CTRA	B	0.22%
IDA	B	0.22%
TKR	D	0.22%
HES	C	0.22%
VLO	C	0.21%
OGE	A	0.21%
CLH	B	0.21%
HUN	F	0.21%
FANG	F	0.21%
FMC	D	0.21%
HAL	C	0.21%
AEE	A	0.21%
XEL	A	0.21%
XOM	C	0.21%
CNP	A	0.21%
OXY	F	0.2%
BRBR	B	0.2%
WTRG	B	0.2%
AGR	B	0.2%
LW	C	0.2%
NOV	C	0.2%
NFG	B	0.2%
PSX	C	0.2%
AM	B	0.2%
IFF	D	0.2%
TAP	C	0.19%
DAR	C	0.19%
SAM	C	0.19%
APA	F	0.19%
EXC	D	0.19%
DINO	F	0.19%
CWEN	C	0.19%
PPC	C	0.19%
MPC	F	0.19%
UGI	A	0.19%
D	C	0.19%
CIVI	D	0.19%
DVN	F	0.19%
CHRD	F	0.19%
USFD	A	0.18%
AWK	D	0.18%
NEE	D	0.18%
MNST	B	0.18%
Z	B	0.18%
ES	D	0.18%
NEM	F	0.18%
WFRD	F	0.18%
PFGC	A	0.18%
NFE	D	0.17%
FRPT	B	0.17%
KR	A	0.17%
INGR	B	0.17%
GO	C	0.17%
WBA	D	0.16%
CLX	C	0.16%
ACI	C	0.16%
K	A	0.16%
VNO	B	0.16%
KVUE	A	0.16%
TSN	B	0.16%
FSLR	F	0.16%
SPB	C	0.16%
CTVA	B	0.16%
APP	B	0.16%
CASY	B	0.16%
CE	F	0.15%
SEG	B	0.15%
KHC	D	0.15%
PK	B	0.15%
POST	B	0.15%
SPG	C	0.15%
HRL	D	0.15%
HHH	B	0.15%
FLO	C	0.15%
CVS	D	0.15%
COKE	C	0.15%
SJM	D	0.15%
DLR	A	0.15%
AES	F	0.15%
MSTR	C	0.15%
KRC	C	0.15%
CBRE	B	0.15%
CAG	D	0.14%
ADC	B	0.14%
LAMR	C	0.14%
SEB	F	0.14%
REYN	D	0.14%
BXP	D	0.14%
ADM	F	0.14%
HST	C	0.14%
CPB	D	0.14%
EQIX	A	0.14%
MKC	D	0.14%
HSY	F	0.14%
BRX	A	0.14%
KIM	A	0.14%
JLL	B	0.14%
BG	F	0.14%
CUZ	B	0.14%
STAG	D	0.13%
EXR	C	0.13%
AMH	C	0.13%
PSA	C	0.13%
EGP	D	0.13%
INVH	D	0.13%
EPR	D	0.13%
GLPI	B	0.13%
CELH	F	0.13%
FR	C	0.13%
RYN	C	0.13%
EQR	B	0.13%
DOC	C	0.13%
ELS	C	0.13%
MAA	B	0.13%
UDR	B	0.13%
CSGP	C	0.13%
IRM	C	0.13%
ESS	B	0.13%
VTR	D	0.13%
CPT	B	0.13%
OHI	D	0.13%
WY	D	0.13%
HIW	D	0.13%
REXR	F	0.12%
SUI	D	0.12%
CCI	D	0.12%
NNN	D	0.12%
ENPH	F	0.12%
PLD	D	0.12%
WPC	D	0.12%
NSA	C	0.12%
ARE	D	0.12%
CUBE	D	0.12%
SBAC	D	0.12%
COIN	B	0.11%
TWLO	B	0.11%
EXEL	A	0.11%
DOCS	C	0.11%
SOFI	B	0.11%
AMT	D	0.11%
MASI	A	0.11%
NTRA	B	0.1%
BMY	B	0.1%
INCY	C	0.1%
DJT	C	0.1%
COLD	F	0.1%
PLTR	B	0.1%
MPW	F	0.1%
VTRS	B	0.09%
VRT	B	0.09%
EWBC	B	0.09%
NCNO	B	0.09%
WBS	B	0.09%
FIVN	C	0.09%
DXCM	C	0.09%
BIO	D	0.09%
ISRG	C	0.09%
HUBS	B	0.09%
IBKR	B	0.09%
LH	B	0.09%
WFC	A	0.09%
MS	B	0.09%
CVNA	B	0.09%
CAH	B	0.09%
GILD	B	0.09%
NVST	C	0.09%
ILMN	C	0.09%
DOCU	A	0.09%
CFLT	B	0.09%
PODD	B	0.09%
APO	A	0.09%
WST	C	0.09%
UAL	B	0.09%
EHC	B	0.09%
GMED	A	0.09%
TOST	B	0.09%
TEAM	B	0.09%
JAZZ	B	0.09%
PEN	C	0.09%
WAT	B	0.09%
LPLA	B	0.09%
PINC	B	0.09%
ITCI	C	0.09%
UTHR	C	0.09%
HOOD	B	0.09%
RCL	B	0.08%
TPG	B	0.08%
AGO	A	0.08%
GS	B	0.08%
NCLH	B	0.08%
NVDA	C	0.08%
S	B	0.08%
KD	B	0.08%
HSIC	B	0.08%
NTRS	A	0.08%
ZM	B	0.08%
QGEN	D	0.08%
OMF	A	0.08%
JBL	C	0.08%
HBAN	B	0.08%
CMA	A	0.08%
BX	B	0.08%
ROIV	B	0.08%
ZS	C	0.08%
BDX	F	0.08%
PCOR	B	0.08%
MTSI	B	0.08%
RVTY	D	0.08%
BHF	B	0.08%
ALGN	D	0.08%
MEDP	F	0.08%
EW	C	0.08%
CAR	C	0.08%
RNG	B	0.08%
HPE	B	0.08%
ELAN	F	0.08%
FTNT	C	0.08%
VRTX	D	0.08%
DVA	B	0.08%
FTRE	C	0.08%
BILL	A	0.08%
CERT	D	0.08%
GDDY	B	0.08%
ALNY	D	0.08%
EPAM	C	0.08%
SNV	B	0.08%
LYFT	C	0.08%
SOLV	C	0.08%
EVR	B	0.08%
JEF	A	0.08%
TECH	C	0.08%
GEHC	F	0.08%
INTC	C	0.08%
JHG	A	0.08%
MTB	B	0.08%
PRGO	C	0.08%
CHE	D	0.08%
RGEN	D	0.08%
DFS	B	0.08%
CRM	B	0.08%
DAY	A	0.08%
SCHW	A	0.08%
KKR	B	0.08%
UNH	B	0.08%
RCM	F	0.08%
NBIX	C	0.08%
CRL	C	0.08%
FHN	B	0.08%
PEGA	A	0.08%
CG	B	0.08%
CTLT	B	0.08%
COLB	B	0.08%
OWL	B	0.08%
DASH	A	0.08%
UNM	A	0.08%
THC	D	0.08%
CRWD	B	0.08%
WTFC	B	0.08%
COHR	C	0.08%
PAYC	A	0.08%
ZBH	C	0.08%
PNFP	B	0.08%
VEEV	B	0.08%
CFR	B	0.08%
SF	B	0.08%
RJF	A	0.08%
ENOV	C	0.08%
ZION	B	0.08%
WRB	A	0.07%
RARE	F	0.07%
VOYA	B	0.07%
GFS	C	0.07%
GL	C	0.07%
WDAY	C	0.07%
BIIB	F	0.07%
VAC	B	0.07%
INTU	C	0.07%
CACI	D	0.07%
DDS	B	0.07%
NWL	A	0.07%
AON	A	0.07%
ORI	A	0.07%
MSCI	C	0.07%
SRPT	F	0.07%
BRKR	F	0.07%
DNB	B	0.07%
BKNG	B	0.07%
FOXA	C	0.07%
LLY	F	0.07%
META	D	0.07%
HPQ	B	0.07%
INSP	D	0.07%
SMAR	A	0.07%
BEN	C	0.07%
IQV	F	0.07%
ANSS	B	0.07%
VKTX	F	0.07%
LYV	A	0.07%
MRK	F	0.07%
TPR	A	0.07%
WBD	C	0.07%
ALLY	C	0.07%
CINF	A	0.07%
TFSL	B	0.07%
GME	C	0.07%
UAA	C	0.07%
CRBG	B	0.07%
WTM	A	0.07%
TFC	B	0.07%
THG	C	0.07%
GEV	C	0.07%
AAL	B	0.07%
CDNS	B	0.07%
RYAN	A	0.07%
SNPS	B	0.07%
GLW	B	0.07%
MOH	F	0.07%
TSLA	B	0.07%
UHS	D	0.07%
CTSH	B	0.07%
GTLB	C	0.07%
IT	C	0.07%
HUM	C	0.07%
AIZ	B	0.07%
GOOGL	C	0.07%
VIRT	B	0.07%
MU	D	0.07%
IVZ	B	0.07%
MORN	A	0.07%
AXS	A	0.07%
DBX	C	0.07%
APH	B	0.07%
BOKF	B	0.07%
SNOW	C	0.07%
DV	C	0.07%
HCA	F	0.07%
ALK	A	0.07%
STT	A	0.07%
BROS	B	0.07%
KMPR	B	0.07%
GWRE	B	0.07%
IDXX	F	0.07%
TROW	A	0.07%
EXPE	B	0.07%
PTC	A	0.07%
AMG	B	0.07%
FITB	B	0.07%
PB	B	0.07%
IPGP	D	0.07%
GLOB	B	0.07%
ORCL	C	0.07%
AXON	B	0.07%
PFE	D	0.07%
TRV	B	0.07%
FDS	B	0.07%
STE	F	0.07%
LSCC	D	0.07%
TW	B	0.07%
NTNX	B	0.07%
DUOL	B	0.07%
MKL	A	0.07%
OZK	B	0.07%
SLM	B	0.07%
NOW	B	0.07%
FFIV	A	0.07%
WAL	B	0.07%
PNC	A	0.07%
MRVL	B	0.07%
RLI	A	0.07%
FCNCA	B	0.07%
AZTA	D	0.07%
AMGN	D	0.07%
TMO	F	0.07%
CFG	B	0.07%
SHC	F	0.07%
PRI	A	0.07%
CI	D	0.07%
CBSH	B	0.07%
SEIC	A	0.07%
RPRX	D	0.07%
ZTS	D	0.07%
LAD	B	0.07%
DHR	D	0.07%
BAC	A	0.07%
BLK	C	0.07%
C	A	0.07%
NET	B	0.07%
KEY	A	0.07%
ADSK	B	0.07%
DELL	C	0.07%
DDOG	A	0.07%
RMD	C	0.07%
CCL	B	0.07%
LNC	B	0.07%
GEN	A	0.07%
SPOT	B	0.07%
ARES	B	0.07%
RF	B	0.07%
ESTC	C	0.07%
PANW	C	0.07%
FHB	B	0.07%
A	D	0.07%
FNB	B	0.07%
DAL	B	0.07%
IONS	F	0.07%
AMED	F	0.07%
EQH	B	0.07%
PYCR	C	0.07%
HLI	A	0.07%
USB	A	0.07%
TPX	A	0.06%
ADBE	C	0.06%
PYPL	A	0.06%
EME	B	0.06%
HD	A	0.06%
LPX	B	0.06%
ARMK	A	0.06%
TRIP	F	0.06%
CMI	A	0.06%
CW	B	0.06%
LUV	B	0.06%
FICO	B	0.06%
AMD	F	0.06%
PVH	C	0.06%
ESAB	B	0.06%
SCI	A	0.06%
OMC	C	0.06%
SQ	B	0.06%
ZBRA	A	0.06%
AGNC	D	0.06%
SNA	A	0.06%
PWR	A	0.06%
SAIC	F	0.06%
RBA	B	0.06%
ACGL	D	0.06%
ARW	D	0.06%
ENTG	D	0.06%
ALGM	D	0.06%
H	A	0.06%
AWI	B	0.06%
EMR	A	0.06%
LOW	C	0.06%
ELV	F	0.06%
MSGS	B	0.06%
AKAM	F	0.06%
AYI	B	0.06%
AFRM	B	0.06%
ON	C	0.06%
RHI	C	0.06%
WOLF	F	0.06%
GNRC	B	0.06%
XRAY	F	0.06%
PENN	C	0.06%
PAG	B	0.06%
SAIA	C	0.06%
FIX	A	0.06%
ABNB	C	0.06%
CPNG	D	0.06%
THO	B	0.06%
BBWI	C	0.06%
ADI	D	0.06%
R	B	0.06%
IAC	D	0.06%
DECK	A	0.06%
PLTK	B	0.06%
RBLX	C	0.06%
HCP	B	0.06%
STWD	C	0.06%
BWXT	B	0.06%
CPRT	A	0.06%
NFLX	B	0.06%
KBR	F	0.06%
NWSA	B	0.06%
FOUR	B	0.06%
VFC	C	0.06%
OGN	F	0.06%
EXAS	F	0.06%
LOPE	B	0.06%
BSY	D	0.06%
RNR	C	0.06%
FLS	A	0.06%
INFA	D	0.06%
IBM	C	0.06%
WCC	B	0.06%
MDB	C	0.06%
APLS	D	0.06%
XPO	B	0.06%
QCOM	F	0.06%
U	C	0.06%
WDC	C	0.06%
LRCX	F	0.06%
MSFT	D	0.06%
PINS	F	0.06%
BPOP	B	0.06%
EG	C	0.06%
RL	B	0.06%
FAF	B	0.06%
MTG	B	0.06%
SSNC	A	0.06%
WHR	B	0.06%
ALSN	B	0.06%
SYF	A	0.06%
BYD	B	0.06%
NTAP	C	0.06%
AMAT	F	0.06%
MCO	A	0.06%
TXN	D	0.06%
DIS	B	0.06%
WYNN	D	0.06%
MAR	A	0.06%
CNC	F	0.06%
TFX	F	0.06%
TXRH	A	0.06%
LVS	C	0.06%
TTD	B	0.06%
CHH	A	0.06%
TTWO	B	0.06%
COF	B	0.06%
PSTG	D	0.06%
ZI	C	0.06%
FNF	B	0.06%
AVGO	D	0.06%
AAPL	B	0.06%
AVTR	F	0.06%
APPF	B	0.06%
PGR	A	0.06%
GM	B	0.06%
CNA	B	0.06%
MKTX	D	0.06%
SNX	C	0.06%
PLNT	B	0.06%
DXC	B	0.06%
KNSL	B	0.06%
PFG	C	0.06%
BAX	F	0.06%
RH	B	0.06%
OKTA	C	0.06%
DOX	D	0.06%
GRMN	A	0.06%
WH	A	0.06%
DLB	B	0.06%
BMRN	F	0.06%
PSN	D	0.06%
TYL	A	0.06%
AAON	B	0.06%
NU	D	0.06%
LULU	C	0.06%
CACC	D	0.06%
PATH	C	0.06%
RGA	A	0.06%
PCTY	B	0.06%
ALL	B	0.06%
MANH	C	0.06%
AVT	C	0.06%
TNL	A	0.06%
AFG	A	0.06%
TDC	D	0.06%
DT	C	0.06%
MSA	C	0.05%
CCK	D	0.05%
MMM	D	0.05%
MRNA	F	0.05%
MAS	C	0.05%
LNW	D	0.05%
J	F	0.05%
WEX	F	0.05%
VRSK	A	0.05%
SSD	C	0.05%
TRU	D	0.05%
OLLI	C	0.05%
ALLE	D	0.05%
LFUS	D	0.05%
MIDD	B	0.05%
GE	D	0.05%
MSM	C	0.05%
BLDR	C	0.05%
BERY	B	0.05%
UPS	C	0.05%
WWD	B	0.05%
AGCO	D	0.05%
ROST	C	0.05%
LEA	F	0.05%
BC	C	0.05%
EXPD	C	0.05%
SHW	A	0.05%
DG	F	0.05%
DOV	A	0.05%
SKX	D	0.05%
MKSI	C	0.05%
CRUS	F	0.05%
NDSN	B	0.05%
CNM	D	0.05%
FND	C	0.05%
LEN	C	0.05%
HOG	F	0.05%
EEFT	B	0.05%
CGNX	C	0.05%
TSCO	C	0.05%
HRB	D	0.05%
GPC	D	0.05%
DKS	C	0.05%
BBY	D	0.05%
GPN	C	0.05%
MTN	C	0.05%
GGG	B	0.05%
APG	B	0.05%
LEG	D	0.05%
IPG	C	0.05%
FIVE	D	0.05%
SEE	C	0.05%
KEYS	B	0.05%
LII	A	0.05%
KSS	F	0.05%
PHM	C	0.05%
WSM	B	0.05%
BIRK	C	0.05%
NKE	F	0.05%
ROL	B	0.05%
DLTR	D	0.05%
FIS	D	0.05%
CHDN	B	0.05%
FDX	B	0.05%
LKQ	D	0.05%
AZEK	B	0.05%
TXG	F	0.05%
BURL	B	0.05%
TREX	C	0.05%
AN	B	0.05%
ITT	A	0.05%
COLM	A	0.05%
CNH	A	0.05%
EBAY	C	0.05%
ETSY	D	0.05%
NVR	D	0.05%
HAS	D	0.05%
CDW	F	0.05%
KNX	B	0.05%
NSC	A	0.05%
ACN	B	0.05%
HUBB	B	0.05%
CAT	B	0.05%
SN	D	0.05%
AXTA	A	0.05%
TER	F	0.05%
SBUX	B	0.05%
SNDR	B	0.05%
JBHT	C	0.05%
UHAL	D	0.05%
SW	B	0.05%
ATR	B	0.05%
AZO	C	0.05%
SWKS	F	0.05%
HAYW	B	0.05%
ADTN	B	0.05%
MLM	B	0.05%
ACM	A	0.05%
OLED	F	0.05%
NXST	C	0.05%
NVT	B	0.05%
TGT	F	0.05%
AL	A	0.05%
POOL	C	0.05%
YETI	C	0.05%
EXP	B	0.05%
ROK	B	0.05%
TT	B	0.05%
WAB	B	0.05%
CR	B	0.05%
SLGN	A	0.05%
ONTO	F	0.05%
DCI	A	0.05%
CSL	B	0.05%
HEI	B	0.05%
NYT	C	0.05%
RPM	A	0.05%
RRX	A	0.05%
JWN	A	0.05%
SITE	C	0.05%
PNR	B	0.05%
MCHP	F	0.05%
WSO	A	0.05%
TDY	B	0.05%
G	B	0.05%
F	C	0.05%
AAP	C	0.05%
LECO	C	0.05%
KMX	B	0.05%
MGM	F	0.05%
KEX	B	0.05%
MUSA	B	0.05%
IR	A	0.05%
AMKR	F	0.05%
UBER	D	0.05%
REGN	F	0.05%
JCI	C	0.05%
PH	A	0.05%
GNTX	C	0.05%
VMI	A	0.05%
GXO	B	0.05%
AXP	A	0.05%
KLAC	F	0.05%
MAT	D	0.05%
MTZ	B	0.05%
SIRI	C	0.05%
M	D	0.05%
TOL	A	0.05%
ETN	A	0.05%
VMC	B	0.05%
URI	B	0.05%
CMG	B	0.05%
OSK	B	0.05%
TKO	B	0.05%
DKNG	C	0.05%
VNT	C	0.05%
TRMB	B	0.05%
CZR	D	0.05%
HWM	B	0.05%
XP	F	0.05%
VVV	F	0.05%
ULTA	F	0.05%
WEN	D	0.05%
OC	B	0.05%
CHRW	C	0.05%
MTCH	F	0.05%
PARA	C	0.05%
ELF	C	0.05%
GTES	A	0.05%
GWW	A	0.05%
PCAR	B	0.05%
CPAY	A	0.05%
GAP	C	0.05%
DPZ	C	0.05%
ODFL	B	0.05%
BWA	C	0.05%
BJ	B	0.05%
IEX	B	0.05%
AMZN	C	0.05%
WSC	D	0.04%
RIVN	D	0.04%
CNXC	F	0.04%
BA	D	0.04%
QRVO	F	0.04%
BFAM	F	0.04%
EL	F	0.04%
WING	F	0.04%
UWMC	F	0.04%
SWK	D	0.04%
CROX	F	0.04%
EFX	D	0.04%
CRI	F	0.04%
DOW	F	0.04%
MTD	F	0.04%
ACHC	F	0.04%
FCN	D	0.04%
MPWR	F	0.04%
WMS	F	0.04%
SPR	D	0.04%
APTV	F	0.04%
TDG	D	0.04%
FBIN	D	0.04%
TTEK	F	0.04%
XYL	D	0.04%
PII	F	0.04%
MHK	D	0.04%
QS	F	0.04%
WU	D	0.04%
TXT	D	0.04%
BAH	F	0.04%
AOS	D	0.04%
VSTS	C	0.04%
CXT	B	0.04%
ST	F	0.04%
COTY	F	0.04%
MAN	D	0.04%
CLVT	F	0.04%
BALL	D	0.04%
VLTO	C	0.04%
W	D	0.04%
DHI	D	0.04%
AMCR	D	0.04%
ATI	D	0.04%
FTV	B	0.04%
DE	B	0.04%
GPK	C	0.04%
SON	D	0.04%
BLD	C	0.04%
DD	D	0.04%
LSTR	B	0.04%
TTC	D	0.04%
RKT	F	0.04%
CARR	C	0.04%
CPRI	F	0.03%
LCID	F	0.03%
MDU	F	0.03%
HII	F	0.03%
SMCI	D	0.02%

EQAL Underweight 0 Positions Relative to SPLV

	Symbol	Grade	Weight