GDE vs. PBP ETF Comparison

Comparison of WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) to PowerShares S&P 500 BuyWrite Portfolio (PBP)

GDE

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDE Description

WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities.

Grade (RS Rating)

Last Trade

$36.83

Average Daily Volume

21,219

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$23.29

Average Daily Volume

18,242

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	GDE	PBP
30 Days	-1.27%	1.96%
60 Days	4.92%	3.91%
90 Days	8.36%	5.38%
12 Months	57.85%	19.80%

416 Overlapping Holdings

	Symbol	Grade	Weight in GDE	Weight in PBP	Overlap
	A	F	0.08%	0.08%	0.08%
	AAPL	C	6.08%	6.87%	6.08%
	ABBV	F	0.62%	0.72%	0.62%
	ABNB	C	0.07%	0.13%	0.07%
	ABT	C	0.37%	0.41%	0.37%
	ADBE	C	0.43%	0.45%	0.43%
	ADI	D	0.26%	0.23%	0.23%
	ADM	F	0.02%	0.05%	0.02%
	ADP	A	0.24%	0.25%	0.24%
	ADSK	B	0.15%	0.13%	0.13%
	AEE	B	0.04%	0.05%	0.04%
	AEP	D	0.09%	0.1%	0.09%
	AFL	C	0.09%	0.11%	0.09%
	AIG	B	0.11%	0.1%	0.1%
	AJG	A	0.11%	0.13%	0.11%
	AKAM	F	0.02%	0.03%	0.02%
	ALB	C	0.0%	0.02%	0.0%
	ALGN	D	0.01%	0.03%	0.01%
	ALL	B	0.08%	0.1%	0.08%
	AMAT	F	0.22%	0.32%	0.22%
	AMD	F	0.44%	0.48%	0.44%
	AME	A	0.09%	0.09%	0.09%
	AMGN	F	0.3%	0.35%	0.3%
	AMP	A	0.14%	0.11%	0.11%
	AMT	F	0.17%	0.19%	0.17%
	AMZN	A	3.84%	3.92%	3.84%
	ANET	C	0.23%	0.22%	0.22%
	ANSS	B	0.04%	0.06%	0.04%
	APD	B	0.1%	0.14%	0.1%
	APH	B	0.17%	0.18%	0.17%
	ARE	F	0.02%	0.04%	0.02%
	ATO	B	0.04%	0.04%	0.04%
	AVB	B	0.05%	0.06%	0.05%
	AVGO	C	1.48%	1.7%	1.48%
	AVY	F	0.04%	0.03%	0.03%
	AWK	D	0.07%	0.05%	0.05%
	AXON	B	0.05%	0.07%	0.05%
	AXP	B	0.39%	0.34%	0.34%
	AZO	B	0.11%	0.11%	0.11%
	BA	F	0.12%	0.22%	0.12%
	BAC	A	0.66%	0.62%	0.62%
	BALL	D	0.06%	0.04%	0.04%
	BAX	F	0.01%	0.04%	0.01%
	BBY	C	0.03%	0.04%	0.03%
	BDX	F	0.08%	0.14%	0.08%
	BEN	C	0.08%	0.01%	0.01%
	BIIB	F	0.02%	0.05%	0.02%
	BK	B	0.09%	0.12%	0.09%
	BKNG	A	0.3%	0.34%	0.3%
	BKR	B	0.1%	0.09%	0.09%
	BLDR	C	0.03%	0.04%	0.03%
	BMY	B	0.13%	0.23%	0.13%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	1.8%	1.74%	1.74%
	BRO	B	0.04%	0.05%	0.04%
	BSX	A	0.21%	0.26%	0.21%
	BX	A	0.37%	0.26%	0.26%
	C	B	0.21%	0.27%	0.21%
	CAG	F	0.02%	0.03%	0.02%
	CAH	B	0.05%	0.06%	0.05%
	CARR	C	0.1%	0.13%	0.1%
	CAT	B	0.32%	0.41%	0.32%
	CBRE	B	0.07%	0.08%	0.07%
	CCI	F	0.08%	0.09%	0.08%
	CDNS	B	0.09%	0.16%	0.09%
	CDW	F	0.04%	0.05%	0.04%
	CE	F	0.07%	0.02%	0.02%
	CEG	D	0.13%	0.15%	0.13%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	A	0.05%	0.05%	0.05%
	CHTR	B	0.14%	0.08%	0.08%
	CI	D	0.16%	0.18%	0.16%
	CINF	A	0.04%	0.05%	0.04%
	CL	F	0.1%	0.15%	0.1%
	CLX	A	0.03%	0.04%	0.03%
	CMCSA	B	0.25%	0.35%	0.25%
	CME	B	0.13%	0.16%	0.13%
	CMG	B	0.1%	0.16%	0.1%
	CMI	A	0.09%	0.1%	0.09%
	CMS	D	0.04%	0.04%	0.04%
	CNC	F	0.05%	0.07%	0.05%
	CNP	B	0.06%	0.04%	0.04%
	COF	B	0.17%	0.15%	0.15%
	COP	C	0.16%	0.27%	0.16%
	COR	B	0.05%	0.09%	0.05%
	COST	B	0.69%	0.81%	0.69%
	CPAY	A	0.04%	0.05%	0.04%
	CPRT	A	0.07%	0.1%	0.07%
	CRM	B	0.47%	0.6%	0.47%
	CRWD	B	0.14%	0.15%	0.14%
	CSCO	A	0.46%	0.47%	0.46%
	CSGP	F	0.03%	0.06%	0.03%
	CSX	B	0.21%	0.15%	0.15%
	CTAS	B	0.16%	0.15%	0.15%
	CTRA	B	0.01%	0.04%	0.01%
	CTSH	A	0.11%	0.08%	0.08%
	CTVA	C	0.09%	0.09%	0.09%
	CVS	F	0.16%	0.16%	0.16%
	CVX	A	0.34%	0.54%	0.34%
	D	D	0.1%	0.1%	0.1%
	DAL	A	0.05%	0.08%	0.05%
	DD	D	0.06%	0.07%	0.06%
	DE	D	0.13%	0.21%	0.13%
	DECK	B	0.06%	0.05%	0.05%
	DELL	C	0.2%	0.08%	0.08%
	DFS	B	0.08%	0.09%	0.08%
	DG	F	0.01%	0.03%	0.01%
	DGX	B	0.02%	0.04%	0.02%
	DHI	D	0.1%	0.1%	0.1%
	DHR	F	0.35%	0.32%	0.32%
	DIS	B	0.2%	0.36%	0.2%
	DLR	C	0.1%	0.11%	0.1%
	DLTR	F	0.01%	0.03%	0.01%
	DOV	A	0.05%	0.06%	0.05%
	DOW	F	0.03%	0.07%	0.03%
	DPZ	C	0.02%	0.03%	0.02%
	DRI	B	0.08%	0.04%	0.04%
	DTE	D	0.04%	0.05%	0.04%
	DUK	D	0.15%	0.18%	0.15%
	DVN	F	0.01%	0.05%	0.01%
	DXCM	C	0.01%	0.06%	0.01%
	EA	A	0.09%	0.08%	0.08%
	EBAY	C	0.06%	0.06%	0.06%
	ECL	C	0.12%	0.13%	0.12%
	ED	D	0.05%	0.07%	0.05%
	EFX	F	0.06%	0.07%	0.06%
	EIX	C	0.05%	0.06%	0.05%
	EL	F	0.01%	0.03%	0.01%
	ELV	F	0.18%	0.2%	0.18%
	EMR	A	0.18%	0.15%	0.15%
	ENPH	F	0.03%	0.02%	0.02%
	EOG	A	0.25%	0.15%	0.15%
	EPAM	B	0.0%	0.02%	0.0%
	EQIX	B	0.13%	0.17%	0.13%
	EQR	C	0.04%	0.05%	0.04%
	EQT	B	0.02%	0.05%	0.02%
	ERIE	F	0.02%	0.02%	0.02%
	ES	D	0.05%	0.04%	0.04%
	ESS	C	0.03%	0.04%	0.03%
	ETR	B	0.05%	0.06%	0.05%
	EW	F	0.03%	0.08%	0.03%
	EXC	C	0.09%	0.08%	0.08%
	EXPD	C	0.06%	0.03%	0.03%
	EXPE	B	0.05%	0.04%	0.04%
	EXR	D	0.05%	0.07%	0.05%
	F	C	0.03%	0.09%	0.03%
	FANG	C	0.04%	0.07%	0.04%
	FAST	B	0.09%	0.1%	0.09%
	FCX	F	0.09%	0.14%	0.09%
	FDS	A	0.05%	0.04%	0.04%
	FDX	B	0.13%	0.13%	0.13%
	FE	D	0.03%	0.04%	0.03%
	FI	A	0.21%	0.25%	0.21%
	FICO	B	0.07%	0.11%	0.07%
	FIS	B	0.09%	0.1%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	B	0.11%	0.1%	0.1%
	FTV	C	0.07%	0.05%	0.05%
	GD	C	0.13%	0.16%	0.13%
	GDDY	B	0.03%	0.05%	0.03%
	GE	D	0.33%	0.4%	0.33%
	GEHC	D	0.04%	0.08%	0.04%
	GEN	B	0.03%	0.03%	0.03%
	GEV	B	0.14%	0.19%	0.14%
	GILD	B	0.2%	0.23%	0.2%
	GIS	F	0.05%	0.07%	0.05%
	GLW	B	0.06%	0.08%	0.06%
	GM	B	0.14%	0.13%	0.13%
	GOOGL	C	3.99%	2.1%	2.1%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.03%	0.06%	0.03%
	GS	B	0.35%	0.38%	0.35%
	GWW	B	0.08%	0.11%	0.08%
	HAL	C	0.02%	0.05%	0.02%
	HBAN	A	0.04%	0.05%	0.04%
	HCA	D	0.14%	0.13%	0.13%
	HD	B	0.69%	0.78%	0.69%
	HES	B	0.03%	0.08%	0.03%
	HIG	C	0.05%	0.07%	0.05%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.06%	0.04%	0.04%
	HON	B	0.28%	0.29%	0.28%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.09%	0.07%	0.07%
	HRL	F	0.05%	0.02%	0.02%
	HST	D	0.05%	0.03%	0.03%
	HSY	F	0.04%	0.05%	0.04%
	HUBB	C	0.02%	0.05%	0.02%
	HUM	D	0.03%	0.07%	0.03%
	HWM	B	0.08%	0.1%	0.08%
	IBM	D	0.32%	0.4%	0.32%
	ICE	C	0.16%	0.18%	0.16%
	IDXX	F	0.04%	0.07%	0.04%
	IEX	B	0.01%	0.04%	0.01%
	IFF	F	0.04%	0.05%	0.04%
	INCY	B	0.06%	0.03%	0.03%
	INTC	C	0.06%	0.22%	0.06%
	INTU	A	0.29%	0.37%	0.29%
	INVH	D	0.03%	0.04%	0.03%
	IP	B	0.03%	0.04%	0.03%
	IPG	F	0.04%	0.02%	0.02%
	IQV	F	0.09%	0.08%	0.08%
	IR	A	0.04%	0.08%	0.04%
	IRM	D	0.03%	0.07%	0.03%
	ISRG	A	0.34%	0.37%	0.34%
	IT	B	0.07%	0.08%	0.07%
	ITW	B	0.16%	0.15%	0.15%
	J	D	0.03%	0.04%	0.03%
	JBHT	C	0.02%	0.03%	0.02%
	JBL	C	0.01%	0.03%	0.01%
	JNJ	D	0.71%	0.77%	0.71%
	JPM	A	1.25%	1.43%	1.25%
	K	A	0.04%	0.04%	0.04%
	KDP	C	0.09%	0.07%	0.07%
	KEY	B	0.03%	0.04%	0.03%
	KEYS	C	0.06%	0.06%	0.06%
	KHC	F	0.03%	0.06%	0.03%
	KIM	A	0.01%	0.03%	0.01%
	KKR	B	0.24%	0.21%	0.21%
	KLAC	F	0.15%	0.18%	0.15%
	KMB	D	0.08%	0.09%	0.08%
	KMI	B	0.11%	0.1%	0.1%
	KO	F	0.49%	0.5%	0.49%
	KR	A	0.05%	0.08%	0.05%
	KVUE	A	0.08%	0.09%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.03%	0.05%	0.03%
	LEN	D	0.09%	0.08%	0.08%
	LH	B	0.04%	0.04%	0.04%
	LHX	B	0.08%	0.1%	0.08%
	LKQ	C	0.0%	0.02%	0.0%
	LLY	F	1.29%	1.24%	1.24%
	LMT	D	0.22%	0.24%	0.22%
	LOW	B	0.26%	0.3%	0.26%
	LRCX	F	0.24%	0.2%	0.2%
	LUV	B	0.05%	0.04%	0.04%
	LVS	C	0.01%	0.04%	0.01%
	LW	B	0.0%	0.02%	0.0%
	LYV	A	0.07%	0.04%	0.04%
	MA	B	0.93%	0.87%	0.87%
	MAA	C	0.03%	0.04%	0.03%
	MAR	A	0.09%	0.13%	0.09%
	MAS	D	0.03%	0.04%	0.03%
	MCD	C	0.37%	0.43%	0.37%
	MCHP	F	0.04%	0.08%	0.04%
	MCK	B	0.14%	0.14%	0.14%
	MCO	C	0.13%	0.15%	0.13%
	MDLZ	F	0.17%	0.18%	0.17%
	MET	C	0.09%	0.1%	0.09%
	META	B	2.62%	2.54%	2.54%
	MGM	D	0.09%	0.02%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.03%	0.08%	0.03%
	MMC	D	0.19%	0.22%	0.19%
	MMM	C	0.12%	0.15%	0.12%
	MNST	B	0.03%	0.08%	0.03%
	MO	A	0.17%	0.19%	0.17%
	MOH	F	0.04%	0.04%	0.04%
	MOS	D	0.1%	0.02%	0.02%
	MPC	D	0.07%	0.11%	0.07%
	MPWR	F	0.08%	0.08%	0.08%
	MRK	F	0.36%	0.52%	0.36%
	MRNA	F	0.01%	0.04%	0.01%
	MRO	B	0.06%	0.03%	0.03%
	MS	A	0.42%	0.33%	0.33%
	MSCI	B	0.1%	0.09%	0.09%
	MSFT	C	5.41%	6.34%	5.41%
	MSI	B	0.09%	0.16%	0.09%
	MTB	A	0.06%	0.07%	0.06%
	MTD	F	0.07%	0.06%	0.06%
	MU	D	0.16%	0.25%	0.16%
	NDAQ	B	0.05%	0.07%	0.05%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.27%	0.31%	0.27%
	NEM	F	0.1%	0.1%	0.1%
	NFLX	A	0.61%	0.68%	0.61%
	NKE	F	0.1%	0.18%	0.1%
	NOC	D	0.14%	0.15%	0.14%
	NOW	A	0.37%	0.42%	0.37%
	NSC	B	0.13%	0.13%	0.13%
	NTAP	D	0.04%	0.05%	0.04%
	NTRS	A	0.05%	0.04%	0.04%
	NUE	D	0.03%	0.08%	0.03%
	NVDA	A	6.32%	7.27%	6.32%
	NVR	D	0.03%	0.06%	0.03%
	NWSA	B	0.04%	0.02%	0.02%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.07%	0.09%	0.07%
	OKE	A	0.16%	0.12%	0.12%
	OMC	A	0.03%	0.04%	0.03%
	ON	F	0.04%	0.06%	0.04%
	ORCL	A	0.86%	0.59%	0.59%
	ORLY	A	0.13%	0.15%	0.13%
	OTIS	D	0.08%	0.08%	0.08%
	OXY	F	0.03%	0.07%	0.03%
	PANW	B	0.22%	0.25%	0.22%
	PAYX	B	0.1%	0.1%	0.1%
	PCAR	B	0.06%	0.12%	0.06%
	PCG	A	0.09%	0.09%	0.09%
	PEG	C	0.05%	0.08%	0.05%
	PEP	D	0.33%	0.46%	0.33%
	PFE	F	0.21%	0.31%	0.21%
	PFG	C	0.03%	0.04%	0.03%
	PG	C	0.72%	0.77%	0.72%
	PGR	A	0.24%	0.31%	0.24%
	PH	A	0.16%	0.19%	0.16%
	PHM	D	0.04%	0.05%	0.04%
	PKG	B	0.03%	0.04%	0.03%
	PLD	D	0.21%	0.21%	0.21%
	PLTR	B	0.24%	0.23%	0.23%
	PM	B	0.37%	0.4%	0.37%
	PNC	B	0.15%	0.17%	0.15%
	PODD	B	0.04%	0.03%	0.03%
	POOL	D	0.01%	0.03%	0.01%
	PPG	F	0.03%	0.06%	0.03%
	PPL	A	0.03%	0.05%	0.03%
	PRU	B	0.09%	0.09%	0.09%
	PSA	D	0.09%	0.1%	0.09%
	PSX	C	0.07%	0.11%	0.07%
	PTC	B	0.02%	0.05%	0.02%
	PWR	B	0.08%	0.09%	0.08%
	PYPL	A	0.17%	0.17%	0.17%
	QCOM	F	0.32%	0.39%	0.32%
	REGN	F	0.16%	0.18%	0.16%
	RF	A	0.04%	0.05%	0.04%
	RJF	A	0.07%	0.06%	0.06%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.11%	0.07%	0.07%
	ROL	C	0.03%	0.03%	0.03%
	ROP	A	0.13%	0.12%	0.12%
	ROST	D	0.11%	0.09%	0.09%
	RSG	B	0.08%	0.09%	0.08%
	RTX	D	0.31%	0.33%	0.31%
	SBAC	D	0.03%	0.05%	0.03%
	SBUX	B	0.21%	0.22%	0.21%
	SCHW	B	0.14%	0.23%	0.14%
	SHW	A	0.17%	0.18%	0.17%
	SJM	F	0.05%	0.03%	0.03%
	SMCI	F	0.0%	0.02%	0.0%
	SNA	A	0.03%	0.04%	0.03%
	SNPS	C	0.1%	0.17%	0.1%
	SO	D	0.17%	0.19%	0.17%
	SOLV	C	0.03%	0.02%	0.02%
	SPG	A	0.12%	0.11%	0.11%
	SPGI	C	0.28%	0.32%	0.28%
	SRE	B	0.12%	0.11%	0.11%
	STLD	C	0.1%	0.04%	0.04%
	STT	B	0.06%	0.06%	0.06%
	STZ	D	0.05%	0.07%	0.05%
	SWK	F	0.04%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.06%	0.05%	0.05%
	SYK	A	0.26%	0.26%	0.26%
	SYY	D	0.06%	0.08%	0.06%
	T	A	0.29%	0.32%	0.29%
	TAP	B	0.07%	0.02%	0.02%
	TDG	D	0.13%	0.16%	0.13%
	TDY	B	0.08%	0.05%	0.05%
	TER	F	0.06%	0.04%	0.04%
	TFC	B	0.12%	0.13%	0.12%
	TGT	C	0.07%	0.14%	0.07%
	TJX	A	0.27%	0.27%	0.27%
	TMO	F	0.43%	0.43%	0.43%
	TMUS	A	0.47%	0.23%	0.23%
	TRGP	B	0.09%	0.08%	0.08%
	TROW	A	0.02%	0.05%	0.02%
	TRV	B	0.1%	0.12%	0.1%
	TSCO	D	0.05%	0.06%	0.05%
	TSLA	B	1.66%	1.63%	1.63%
	TSN	B	0.05%	0.03%	0.03%
	TTWO	A	0.07%	0.06%	0.06%
	TXN	B	0.37%	0.4%	0.37%
	TXT	D	0.04%	0.03%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UAL	A	0.03%	0.06%	0.03%
	UBER	F	0.25%	0.32%	0.25%
	ULTA	C	0.01%	0.04%	0.01%
	UNH	B	0.99%	1.12%	0.99%
	UNP	D	0.3%	0.31%	0.3%
	UPS	C	0.05%	0.2%	0.05%
	URI	B	0.1%	0.12%	0.1%
	USB	B	0.14%	0.16%	0.14%
	V	A	1.16%	1.04%	1.04%
	VICI	D	0.05%	0.07%	0.05%
	VLO	C	0.06%	0.09%	0.06%
	VLTO	D	0.03%	0.05%	0.03%
	VMC	B	0.04%	0.08%	0.04%
	VRSK	A	0.07%	0.08%	0.07%
	VRSN	C	0.08%	0.03%	0.03%
	VRTX	B	0.22%	0.26%	0.22%
	VST	B	0.06%	0.09%	0.06%
	VTR	C	0.04%	0.05%	0.04%
	VZ	D	0.31%	0.35%	0.31%
	WAB	B	0.06%	0.07%	0.06%
	WAT	B	0.06%	0.05%	0.05%
	WBA	D	0.0%	0.01%	0.0%
	WBD	B	0.02%	0.04%	0.02%
	WDC	D	0.03%	0.05%	0.03%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.13%	0.16%	0.13%
	WFC	A	0.36%	0.5%	0.36%
	WM	A	0.09%	0.16%	0.09%
	WMB	B	0.12%	0.14%	0.12%
	WMT	A	1.18%	0.74%	0.74%
	WRB	B	0.03%	0.04%	0.03%
	WST	B	0.01%	0.05%	0.01%
	WY	F	0.03%	0.05%	0.03%
	XEL	A	0.05%	0.08%	0.05%
	XOM	B	0.94%	1.09%	0.94%
	XYL	F	0.08%	0.06%	0.06%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	C	0.02%	0.05%	0.02%
	ZBRA	B	0.06%	0.04%	0.04%
	ZTS	D	0.17%	0.16%	0.16%

GDE Overweight 71 Positions Relative to PBP

	Symbol	Grade	Weight
	APO	B	0.24%
	SCCO	F	0.16%
	EPD	A	0.16%
	TEAM	B	0.14%
	TTD	B	0.14%
	ET	A	0.14%
	WDAY	B	0.14%
	MRVL	B	0.12%
	OVV	C	0.12%
	DASH	A	0.12%
	APP	B	0.1%
	COIN	B	0.1%
	MPLX	A	0.09%
	CPNG	B	0.08%
	ZS	B	0.08%
	TPL	B	0.07%
	ILMN	C	0.07%
	RBLX	B	0.07%
	TWLO	B	0.07%
	ZM	B	0.07%
	DDOG	B	0.06%
	DT	C	0.06%
	CG	B	0.06%
	BSY	F	0.06%
	ALNY	D	0.06%
	H	B	0.06%
	WLK	F	0.06%
	CRBG	C	0.05%
	ACI	C	0.05%
	SNAP	C	0.05%
	LBRDK	C	0.05%
	VEEV	B	0.05%
	VRT	B	0.05%
	WMG	B	0.05%
	NET	B	0.04%
	SSNC	C	0.04%
	ROKU	C	0.04%
	WPC	F	0.04%
	CSL	B	0.04%
	SUI	F	0.04%
	SQ	B	0.04%
	AVTR	F	0.04%
	FCNCA	B	0.04%
	IOT	B	0.04%
	ARES	B	0.04%
	BAH	C	0.03%
	SNOW	C	0.03%
	RIVN	F	0.03%
	HEI	A	0.03%
	WSM	F	0.03%
	FNF	C	0.03%
	PINS	F	0.03%
	HUBS	B	0.03%
	MKL	A	0.03%
	AGR	C	0.03%
	LII	B	0.03%
	SIRI	C	0.03%
	MANH	C	0.03%
	GLPI	D	0.03%
	RS	C	0.02%
	ENTG	F	0.02%
	MORN	B	0.02%
	MDB	C	0.02%
	DKNG	B	0.02%
	LPLA	A	0.02%
	OC	A	0.02%
	TW	B	0.02%
	WSO	B	0.02%
	GGG	B	0.02%
	RPM	A	0.01%
	BMRN	F	0.01%

GDE Underweight 82 Positions Relative to PBP

	Symbol	Grade	Weight
	GOOG	C	-1.74%
	LIN	D	-0.45%
	ACN	B	-0.45%
	ETN	B	-0.29%
	MDT	D	-0.23%
	CB	C	-0.21%
	TT	B	-0.18%
	AON	B	-0.17%
	SLB	C	-0.13%
	NXPI	F	-0.12%
	RCL	A	-0.11%
	JCI	A	-0.11%
	ACGL	C	-0.08%
	GRMN	A	-0.07%
	WTW	A	-0.07%
	LULU	B	-0.07%
	STE	D	-0.05%
	LYB	F	-0.05%
	CCL	B	-0.05%
	SW	B	-0.05%
	TRMB	B	-0.04%
	NRG	C	-0.04%
	CBOE	D	-0.04%
	STX	D	-0.04%
	CHRW	A	-0.03%
	CPT	C	-0.03%
	DAY	B	-0.03%
	JNPR	D	-0.03%
	UDR	C	-0.03%
	JKHY	C	-0.03%
	VTRS	B	-0.03%
	FFIV	B	-0.03%
	EVRG	A	-0.03%
	APTV	F	-0.03%
	LNT	C	-0.03%
	AMCR	D	-0.03%
	RVTY	C	-0.03%
	DOC	C	-0.03%
	NI	A	-0.03%
	EG	D	-0.03%
	PNR	A	-0.03%
	FMC	F	-0.02%
	MHK	D	-0.02%
	BWA	B	-0.02%
	WYNN	C	-0.02%
	HII	F	-0.02%
	HAS	D	-0.02%
	IVZ	B	-0.02%
	RL	B	-0.02%
	FRT	B	-0.02%
	CZR	F	-0.02%
	HSIC	F	-0.02%
	CPB	F	-0.02%
	APA	F	-0.02%
	AOS	F	-0.02%
	TFX	F	-0.02%
	MTCH	F	-0.02%
	GL	B	-0.02%
	AES	F	-0.02%
	FOXA	A	-0.02%
	PNW	A	-0.02%
	MKTX	C	-0.02%
	AIZ	A	-0.02%
	CTLT	D	-0.02%
	GNRC	B	-0.02%
	CRL	C	-0.02%
	PAYC	B	-0.02%
	TPR	A	-0.02%
	BXP	D	-0.02%
	REG	A	-0.02%
	TECH	D	-0.02%
	KMX	B	-0.02%
	UHS	D	-0.02%
	EMN	D	-0.02%
	BG	D	-0.02%
	NCLH	B	-0.02%
	ALLE	D	-0.02%
	NWS	B	-0.01%
	FOX	A	-0.01%
	PARA	B	-0.01%
	DVA	C	-0.01%
	QRVO	F	-0.01%

GDE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Diagnostics & Research Banks - Regional - US Capital Markets Oil & Gas E&P Aerospace & Defense Drug Manufacturers - Major Specialty Retail Packaged Foods Software - Infrastructure Specialty Chemicals Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty

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

PBP: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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