IUS vs. PBUS ETF Comparison

Comparison of Invesco Strategic US ETF (IUS) to Invesco PureBeta MSCI USA ETF (PBUS)

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.77

Average Daily Volume

55,038

Number of Holdings ^*

545

* may have additional holdings in another (foreign) market

PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description

The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$59.94

Average Daily Volume

175,980

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

Performance

Period	IUS	PBUS
30 Days	3.50%	3.61%
60 Days	3.79%	5.14%
90 Days	5.45%	6.91%
12 Months	27.21%	33.43%

400 Overlapping Holdings

Symbol	Grade	Weight in IUS	Weight in PBUS	Overlap
A	D	0.05%	0.07%	0.05%
AAPL	C	4.81%	6.38%	4.81%
ABBV	D	0.63%	0.57%	0.57%
ABNB	C	0.13%	0.11%	0.11%
ABT	B	0.38%	0.38%	0.38%
ACGL	D	0.1%	0.07%	0.07%
ACI	C	0.12%	0.01%	0.01%
ACM	A	0.05%	0.03%	0.03%
ACN	C	0.48%	0.44%	0.44%
ADBE	C	0.27%	0.45%	0.27%
ADM	D	0.28%	0.05%	0.05%
ADP	B	0.17%	0.24%	0.17%
ADSK	A	0.08%	0.13%	0.08%
AES	F	0.04%	0.02%	0.02%
AFG	A	0.05%	0.02%	0.02%
AIZ	A	0.06%	0.02%	0.02%
AKAM	D	0.04%	0.03%	0.03%
ALB	C	0.05%	0.02%	0.02%
ALGN	D	0.03%	0.03%	0.03%
ALL	A	0.26%	0.1%	0.1%
AMAT	F	0.2%	0.3%	0.2%
AMCR	D	0.07%	0.03%	0.03%
AMD	F	0.2%	0.43%	0.2%
AME	A	0.06%	0.09%	0.06%
AMGN	D	0.23%	0.3%	0.23%
AMZN	C	2.07%	3.8%	2.07%
ANET	C	0.04%	0.2%	0.04%
ANSS	B	0.03%	0.06%	0.03%
AON	A	0.16%	0.14%	0.14%
AOS	F	0.02%	0.02%	0.02%
APA	D	0.05%	0.02%	0.02%
APD	A	0.15%	0.13%	0.13%
APH	A	0.09%	0.17%	0.09%
APP	B	0.1%	0.11%	0.1%
APTV	D	0.05%	0.03%	0.03%
AVGO	D	0.73%	1.45%	0.73%
AVTR	F	0.03%	0.03%	0.03%
AVY	D	0.03%	0.03%	0.03%
AXP	A	0.53%	0.32%	0.32%
AZO	C	0.13%	0.1%	0.1%
BA	F	0.11%	0.19%	0.11%
BAH	F	0.03%	0.04%	0.03%
BALL	D	0.05%	0.04%	0.04%
BAX	D	0.06%	0.03%	0.03%
BBY	D	0.13%	0.04%	0.04%
BDX	F	0.15%	0.13%	0.13%
BEN	C	0.03%	0.01%	0.01%
BG	F	0.13%	0.02%	0.02%
BIIB	F	0.05%	0.05%	0.05%
BKNG	A	0.41%	0.32%	0.32%
BKR	B	0.18%	0.08%	0.08%
BLDR	D	0.12%	0.04%	0.04%
BMY	B	0.64%	0.23%	0.23%
BR	A	0.04%	0.05%	0.04%
BRK.A	B	2.95%	1.19%	1.19%
BRO	B	0.03%	0.05%	0.03%
BSX	B	0.12%	0.25%	0.12%
BURL	A	0.04%	0.03%	0.03%
BX	A	0.26%	0.25%	0.25%
CAG	D	0.06%	0.03%	0.03%
CAH	B	0.48%	0.06%	0.06%
CARR	D	0.11%	0.12%	0.11%
CAT	B	0.45%	0.36%	0.36%
CB	C	0.43%	0.21%	0.21%
CBOE	B	0.03%	0.04%	0.03%
CBRE	B	0.14%	0.08%	0.08%
CCK	C	0.04%	0.02%	0.02%
CCL	B	0.12%	0.05%	0.05%
CDNS	B	0.05%	0.16%	0.05%
CDW	F	0.05%	0.05%	0.05%
CE	F	0.03%	0.02%	0.02%
CEG	D	0.04%	0.14%	0.04%
CF	B	0.1%	0.03%	0.03%
CHD	B	0.04%	0.05%	0.04%
CHRD	D	0.04%	0.02%	0.02%
CHRW	C	0.08%	0.02%	0.02%
CHTR	C	0.34%	0.07%	0.07%
CI	F	0.64%	0.18%	0.18%
CINF	A	0.1%	0.04%	0.04%
CL	D	0.12%	0.14%	0.12%
CLX	B	0.04%	0.04%	0.04%
CMCSA	B	1.13%	0.33%	0.33%
CMG	B	0.05%	0.16%	0.05%
CMI	A	0.16%	0.1%	0.1%
CMS	C	0.06%	0.04%	0.04%
CNC	D	0.32%	0.06%	0.06%
CNP	B	0.1%	0.04%	0.04%
COP	C	0.68%	0.25%	0.25%
COR	B	0.45%	0.08%	0.08%
COST	B	0.74%	0.79%	0.74%
CPAY	A	0.06%	0.05%	0.05%
CPB	D	0.03%	0.02%	0.02%
CPRT	A	0.03%	0.1%	0.03%
CRM	B	0.52%	0.62%	0.52%
CSCO	B	0.74%	0.45%	0.45%
CSGP	D	0.02%	0.06%	0.02%
CSL	C	0.05%	0.04%	0.04%
CSX	B	0.21%	0.13%	0.13%
CTAS	B	0.07%	0.15%	0.07%
CTRA	B	0.13%	0.04%	0.04%
CTSH	B	0.14%	0.08%	0.08%
CTVA	C	0.14%	0.08%	0.08%
CVS	D	1.02%	0.13%	0.13%
CVX	A	1.68%	0.54%	0.54%
DAL	C	0.06%	0.02%	0.02%
DASH	A	0.07%	0.1%	0.07%
DD	D	0.14%	0.07%	0.07%
DE	A	0.38%	0.2%	0.2%
DECK	A	0.03%	0.05%	0.03%
DELL	C	0.22%	0.07%	0.07%
DG	F	0.07%	0.03%	0.03%
DGX	A	0.07%	0.03%	0.03%
DHI	D	0.17%	0.09%	0.09%
DHR	F	0.21%	0.31%	0.21%
DINO	D	0.09%	0.01%	0.01%
DIS	B	0.57%	0.38%	0.38%
DKS	C	0.06%	0.02%	0.02%
DLTR	F	0.06%	0.03%	0.03%
DOV	A	0.05%	0.05%	0.05%
DOW	F	0.18%	0.06%	0.06%
DRI	B	0.06%	0.04%	0.04%
DTE	C	0.1%	0.05%	0.05%
DVA	B	0.05%	0.02%	0.02%
DVN	F	0.12%	0.05%	0.05%
DXCM	D	0.02%	0.06%	0.02%
EA	A	0.1%	0.08%	0.08%
EBAY	D	0.12%	0.06%	0.06%
ECL	D	0.08%	0.12%	0.08%
ED	D	0.14%	0.06%	0.06%
EFX	F	0.04%	0.06%	0.04%
EG	C	0.1%	0.03%	0.03%
EL	F	0.04%	0.03%	0.03%
ELV	F	0.39%	0.18%	0.18%
EME	C	0.05%	0.04%	0.04%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.15%	0.14%	0.14%
EOG	A	0.35%	0.15%	0.15%
EQIX	A	0.1%	0.17%	0.1%
EQT	B	0.1%	0.05%	0.05%
ETN	A	0.16%	0.28%	0.16%
EW	C	0.04%	0.08%	0.04%
EXC	C	0.17%	0.07%	0.07%
EXPD	D	0.08%	0.03%	0.03%
EXPE	B	0.14%	0.04%	0.04%
F	C	0.54%	0.08%	0.08%
FANG	D	0.16%	0.07%	0.07%
FAST	B	0.07%	0.09%	0.07%
FBIN	D	0.03%	0.02%	0.02%
FCX	D	0.12%	0.12%	0.12%
FDX	B	0.37%	0.13%	0.13%
FE	C	0.09%	0.04%	0.04%
FFIV	B	0.04%	0.03%	0.03%
FI	A	0.36%	0.24%	0.24%
FOXA	B	0.15%	0.02%	0.02%
FSLR	F	0.03%	0.04%	0.03%
FTNT	C	0.07%	0.12%	0.07%
FTV	C	0.06%	0.05%	0.05%
GD	F	0.19%	0.13%	0.13%
GDDY	A	0.05%	0.05%	0.05%
GE	D	0.41%	0.37%	0.37%
GEHC	F	0.06%	0.07%	0.06%
GEN	B	0.04%	0.03%	0.03%
GILD	C	0.38%	0.22%	0.22%
GIS	D	0.13%	0.07%	0.07%
GLW	B	0.13%	0.07%	0.07%
GM	B	0.96%	0.13%	0.13%
GOOGL	C	3.66%	1.98%	1.98%
GPC	D	0.06%	0.03%	0.03%
GRMN	B	0.05%	0.06%	0.05%
GWW	B	0.09%	0.1%	0.09%
H	B	0.04%	0.01%	0.01%
HAL	C	0.1%	0.05%	0.05%
HCA	F	0.22%	0.13%	0.13%
HD	A	0.89%	0.77%	0.77%
HES	B	0.08%	0.08%	0.08%
HIG	B	0.18%	0.07%	0.07%
HII	D	0.03%	0.01%	0.01%
HLT	A	0.1%	0.12%	0.1%
HOLX	D	0.05%	0.04%	0.04%
HON	B	0.31%	0.29%	0.29%
HPE	B	0.21%	0.05%	0.05%
HPQ	B	0.18%	0.07%	0.07%
HRL	D	0.05%	0.02%	0.02%
HSIC	B	0.04%	0.02%	0.02%
HST	C	0.04%	0.02%	0.02%
HSY	F	0.06%	0.05%	0.05%
HUBB	B	0.03%	0.05%	0.03%
HUM	C	0.26%	0.07%	0.07%
HWM	A	0.05%	0.08%	0.05%
IBM	C	0.54%	0.37%	0.37%
IFF	D	0.07%	0.04%	0.04%
ILMN	D	0.03%	0.04%	0.03%
INTC	D	0.42%	0.2%	0.2%
INTU	C	0.19%	0.38%	0.19%
IP	B	0.14%	0.04%	0.04%
IPG	D	0.05%	0.02%	0.02%
IQV	D	0.07%	0.07%	0.07%
IR	B	0.06%	0.08%	0.06%
IRM	D	0.06%	0.06%	0.06%
ISRG	A	0.13%	0.37%	0.13%
IT	C	0.04%	0.08%	0.04%
ITW	B	0.14%	0.16%	0.14%
J	F	0.06%	0.03%	0.03%
JBHT	C	0.05%	0.03%	0.03%
JBL	B	0.11%	0.03%	0.03%
JCI	C	0.17%	0.11%	0.11%
JNJ	D	0.9%	0.7%	0.7%
JNPR	F	0.04%	0.02%	0.02%
K	A	0.08%	0.04%	0.04%
KDP	D	0.11%	0.07%	0.07%
KEYS	A	0.05%	0.05%	0.05%
KHC	F	0.22%	0.06%	0.06%
KLAC	D	0.1%	0.17%	0.1%
KMB	D	0.11%	0.09%	0.09%
KMI	A	0.28%	0.1%	0.1%
KMX	B	0.07%	0.02%	0.02%
KNX	B	0.05%	0.02%	0.02%
KO	D	0.43%	0.49%	0.43%
KR	B	0.36%	0.08%	0.08%
LDOS	C	0.06%	0.04%	0.04%
LEN	D	0.2%	0.08%	0.08%
LH	C	0.1%	0.04%	0.04%
LHX	C	0.15%	0.09%	0.09%
LIN	D	0.39%	0.42%	0.39%
LKQ	D	0.05%	0.02%	0.02%
LLY	F	0.22%	1.22%	0.22%
LMT	D	0.47%	0.22%	0.22%
LNG	B	0.25%	0.09%	0.09%
LOW	D	0.47%	0.3%	0.3%
LPLA	A	0.06%	0.04%	0.04%
LRCX	F	0.13%	0.19%	0.13%
LULU	C	0.05%	0.07%	0.05%
LUV	C	0.03%	0.01%	0.01%
LVS	C	0.06%	0.03%	0.03%
LYB	F	0.13%	0.04%	0.04%
LYV	A	0.05%	0.04%	0.04%
MA	C	0.45%	0.83%	0.45%
MAR	B	0.16%	0.13%	0.13%
MAS	D	0.04%	0.03%	0.03%
MCD	D	0.29%	0.41%	0.29%
MCHP	D	0.07%	0.07%	0.07%
MCK	B	0.63%	0.15%	0.15%
MCO	B	0.07%	0.15%	0.07%
MDLZ	F	0.22%	0.17%	0.17%
MDT	D	0.34%	0.21%	0.21%
MELI	D	0.09%	0.16%	0.09%
META	D	2.2%	2.43%	2.2%
MGM	D	0.07%	0.02%	0.02%
MKC	D	0.04%	0.04%	0.04%
MKL	A	0.1%	0.04%	0.04%
MLM	B	0.05%	0.07%	0.05%
MMC	B	0.17%	0.21%	0.17%
MMM	D	0.27%	0.14%	0.14%
MNST	C	0.05%	0.08%	0.05%
MO	A	0.34%	0.18%	0.18%
MOH	F	0.07%	0.03%	0.03%
MOS	F	0.09%	0.02%	0.02%
MPC	D	0.65%	0.11%	0.11%
MRK	F	0.39%	0.48%	0.39%
MRNA	F	0.02%	0.03%	0.02%
MRO	B	0.14%	0.03%	0.03%
MRVL	B	0.09%	0.15%	0.09%
MSCI	C	0.04%	0.09%	0.04%
MSFT	F	2.68%	5.79%	2.68%
MSI	B	0.08%	0.16%	0.08%
MTD	D	0.03%	0.05%	0.03%
MU	D	0.17%	0.21%	0.17%
NDAQ	A	0.05%	0.06%	0.05%
NEM	D	0.13%	0.09%	0.09%
NFLX	A	0.35%	0.69%	0.35%
NKE	D	0.25%	0.18%	0.18%
NOC	D	0.21%	0.13%	0.13%
NOW	A	0.1%	0.41%	0.1%
NRG	B	0.07%	0.04%	0.04%
NSC	B	0.16%	0.11%	0.11%
NTAP	C	0.06%	0.05%	0.05%
NUE	C	0.21%	0.07%	0.07%
NVDA	C	0.97%	6.93%	0.97%
NVR	D	0.07%	0.05%	0.05%
NWSA	B	0.06%	0.02%	0.02%
OC	A	0.07%	0.03%	0.03%
ODFL	B	0.05%	0.08%	0.05%
OKE	A	0.18%	0.12%	0.12%
OMC	C	0.07%	0.04%	0.04%
ON	D	0.06%	0.06%	0.06%
ORCL	B	0.35%	0.59%	0.35%
ORLY	B	0.13%	0.14%	0.13%
OTIS	C	0.05%	0.08%	0.05%
OVV	B	0.09%	0.02%	0.02%
OXY	D	0.28%	0.06%	0.06%
PANW	C	0.07%	0.24%	0.07%
PARA	C	0.1%	0.01%	0.01%
PAYX	C	0.06%	0.09%	0.06%
PCAR	B	0.17%	0.12%	0.12%
PEP	F	0.41%	0.44%	0.41%
PFE	D	0.61%	0.28%	0.28%
PG	A	0.75%	0.76%	0.75%
PGR	A	0.3%	0.29%	0.29%
PH	A	0.14%	0.17%	0.14%
PHM	D	0.1%	0.05%	0.05%
PINS	D	0.02%	0.03%	0.02%
PKG	A	0.07%	0.04%	0.04%
PM	B	0.37%	0.38%	0.37%
POOL	C	0.03%	0.03%	0.03%
PPG	F	0.07%	0.06%	0.06%
PPL	B	0.1%	0.05%	0.05%
PSA	D	0.13%	0.1%	0.1%
PSX	C	0.46%	0.11%	0.11%
PWR	A	0.08%	0.09%	0.08%
PYPL	B	0.33%	0.16%	0.16%
QCOM	F	0.29%	0.35%	0.29%
QRVO	F	0.02%	0.01%	0.01%
RCL	A	0.11%	0.11%	0.11%
REGN	F	0.14%	0.16%	0.14%
RMD	C	0.04%	0.06%	0.04%
ROK	B	0.06%	0.06%	0.06%
ROP	B	0.07%	0.12%	0.07%
ROST	C	0.1%	0.09%	0.09%
RPM	A	0.04%	0.03%	0.03%
RS	B	0.08%	0.03%	0.03%
RSG	A	0.08%	0.09%	0.08%
RTX	C	0.65%	0.3%	0.3%
SBAC	D	0.04%	0.04%	0.04%
SBUX	A	0.21%	0.22%	0.21%
SHW	A	0.13%	0.18%	0.13%
SJM	D	0.06%	0.02%	0.02%
SLB	C	0.18%	0.12%	0.12%
SNA	A	0.06%	0.04%	0.04%
SNOW	C	0.03%	0.07%	0.03%
SNPS	B	0.06%	0.16%	0.06%
SQ	B	0.1%	0.09%	0.09%
SSNC	B	0.05%	0.03%	0.03%
STE	F	0.04%	0.04%	0.04%
STLD	B	0.13%	0.04%	0.04%
STX	D	0.04%	0.04%	0.04%
STZ	D	0.1%	0.08%	0.08%
SW	A	0.09%	0.05%	0.05%
SWK	D	0.07%	0.02%	0.02%
SWKS	F	0.05%	0.03%	0.03%
SYK	C	0.15%	0.25%	0.15%
SYY	B	0.18%	0.07%	0.07%
T	A	1.36%	0.31%	0.31%
TAP	C	0.09%	0.02%	0.02%
TDG	D	0.04%	0.14%	0.04%
TDY	B	0.05%	0.04%	0.04%
TER	D	0.02%	0.03%	0.02%
TGT	F	0.25%	0.14%	0.14%
TJX	A	0.28%	0.26%	0.26%
TMO	F	0.31%	0.39%	0.31%
TMUS	B	0.4%	0.24%	0.24%
TRGP	B	0.14%	0.08%	0.08%
TROW	B	0.08%	0.05%	0.05%
TRV	B	0.28%	0.11%	0.11%
TSCO	D	0.06%	0.06%	0.06%
TSLA	B	0.7%	1.71%	0.7%
TSN	B	0.18%	0.04%	0.04%
TT	A	0.12%	0.18%	0.12%
TTWO	A	0.04%	0.06%	0.04%
TW	A	0.03%	0.03%	0.03%
TWLO	A	0.07%	0.03%	0.03%
TXN	C	0.26%	0.36%	0.26%
TXT	D	0.07%	0.03%	0.03%
UBER	D	0.11%	0.26%	0.11%
UHS	D	0.07%	0.02%	0.02%
ULTA	F	0.05%	0.03%	0.03%
UNH	C	1.58%	1.05%	1.05%
UNP	C	0.25%	0.28%	0.25%
UPS	C	0.43%	0.19%	0.19%
URI	B	0.14%	0.11%	0.11%
UTHR	C	0.04%	0.03%	0.03%
V	A	0.74%	0.93%	0.74%
VLO	C	0.47%	0.09%	0.09%
VMC	B	0.06%	0.07%	0.06%
VRSK	A	0.08%	0.08%	0.08%
VRSN	F	0.03%	0.03%	0.03%
VRTX	F	0.11%	0.24%	0.11%
VST	B	0.18%	0.09%	0.09%
VTRS	A	0.15%	0.03%	0.03%
VZ	C	1.14%	0.33%	0.33%
WAB	B	0.07%	0.07%	0.07%
WBA	F	0.12%	0.01%	0.01%
WBD	C	0.28%	0.04%	0.04%
WCN	A	0.07%	0.09%	0.07%
WDAY	B	0.06%	0.11%	0.06%
WDC	D	0.04%	0.04%	0.04%
WM	A	0.16%	0.17%	0.16%
WMT	A	1.3%	0.72%	0.72%
WRB	A	0.08%	0.04%	0.04%
WSM	B	0.05%	0.03%	0.03%
WSO	A	0.03%	0.04%	0.03%
WST	C	0.02%	0.05%	0.02%
WTW	B	0.1%	0.06%	0.06%
WY	D	0.06%	0.04%	0.04%
XEL	A	0.18%	0.07%	0.07%
XOM	B	2.41%	1.04%	1.04%
XYL	D	0.04%	0.06%	0.04%
YUM	B	0.03%	0.07%	0.03%
ZBH	C	0.07%	0.04%	0.04%
ZM	B	0.05%	0.04%	0.04%
ZTS	D	0.09%	0.15%	0.09%

IUS Overweight 145 Positions Relative to PBUS

Symbol	Grade	Weight
LUMN	C	0.42%
UNFI	A	0.12%
SNEX	B	0.12%
PFGC	B	0.12%
RGA	A	0.11%
FLEX	A	0.11%
SNX	C	0.11%
X	C	0.1%
USFD	A	0.1%
ZIM	C	0.09%
WKC	D	0.09%
R	B	0.08%
UAL	A	0.08%
ARW	D	0.08%
DXC	B	0.08%
LAD	A	0.08%
BERY	B	0.07%
WHR	B	0.07%
ORI	A	0.07%
TOL	B	0.07%
THC	D	0.07%
TX	F	0.07%
CAR	C	0.07%
GPI	A	0.06%
SATS	D	0.06%
RNR	C	0.06%
OMF	A	0.06%
LBRDK	C	0.06%
TPR	B	0.06%
PBF	D	0.06%
JLL	D	0.06%
TMHC	B	0.05%
AR	B	0.05%
MHK	D	0.05%
BJ	A	0.05%
CZR	F	0.05%
COHR	B	0.05%
LEA	D	0.05%
BFH	B	0.05%
M	D	0.05%
TDS	B	0.05%
CASY	A	0.05%
AN	C	0.05%
ARMK	B	0.05%
CPNG	D	0.05%
VFC	C	0.05%
BWA	D	0.05%
CNX	A	0.05%
NCLH	B	0.05%
CLF	F	0.05%
MUSA	A	0.05%
AVT	C	0.05%
WCC	B	0.05%
TPG	A	0.05%
KD	B	0.04%
KSS	F	0.04%
AMG	B	0.04%
NWL	B	0.04%
OLN	D	0.04%
MAN	D	0.04%
GPK	C	0.04%
PVH	C	0.04%
CIVI	D	0.04%
INGR	B	0.04%
AGCO	D	0.04%
GT	C	0.04%
SCI	B	0.04%
RRX	B	0.04%
RH	B	0.04%
AA	B	0.04%
PENN	C	0.04%
FAF	A	0.04%
KBH	D	0.04%
DOX	D	0.04%
HTZ	C	0.04%
THO	B	0.04%
NXST	C	0.04%
FLR	B	0.04%
ABG	B	0.04%
RL	B	0.04%
CMC	B	0.04%
UGI	A	0.04%
BTU	B	0.04%
BECN	B	0.04%
MTN	C	0.03%
DK	C	0.03%
SIG	B	0.03%
PII	D	0.03%
SAIC	F	0.03%
AAL	B	0.03%
WSC	D	0.03%
TNET	D	0.03%
VVV	F	0.03%
ARCH	B	0.03%
MTH	D	0.03%
HUN	F	0.03%
HAS	D	0.03%
OSK	B	0.03%
GAP	C	0.03%
NFG	A	0.03%
HOG	D	0.03%
HRB	D	0.03%
DAR	C	0.03%
PR	B	0.03%
BCC	B	0.03%
BC	C	0.03%
RHI	B	0.03%
NU	C	0.03%
SKX	D	0.03%
GXO	B	0.03%
SM	B	0.03%
RRC	B	0.03%
MTDR	B	0.03%
CACI	D	0.03%
OGS	A	0.03%
ALV	C	0.03%
MUR	D	0.03%
POST	C	0.03%
UFPI	B	0.03%
FTI	A	0.03%
TGNA	B	0.03%
ANDE	D	0.03%
JAZZ	B	0.03%
FYBR	D	0.03%
JHG	A	0.03%
DAN	D	0.02%
ODP	F	0.02%
AAP	C	0.02%
XRX	F	0.02%
CPRI	F	0.02%
CNM	D	0.02%
ELAN	D	0.02%
NSIT	F	0.02%
IAC	D	0.02%
WU	D	0.02%
ASO	F	0.02%
CVI	F	0.02%
AMR	C	0.02%
SON	D	0.02%
HP	B	0.02%
PRGO	B	0.02%
NOV	C	0.02%
ADNT	F	0.02%
AMKR	D	0.02%
ATKR	C	0.01%

IUS Underweight 184 Positions Relative to PBUS

Symbol	Grade	Weight
GOOG	C	-1.72%
JPM	A	-1.33%
BAC	A	-0.62%
WFC	A	-0.49%
GS	A	-0.36%
MS	A	-0.31%
SPGI	C	-0.31%
NEE	D	-0.3%
BLK	C	-0.3%
C	A	-0.25%
PLTR	B	-0.23%
SCHW	B	-0.23%
ADI	D	-0.2%
PLD	D	-0.2%
KKR	A	-0.18%
SO	D	-0.18%
GEV	B	-0.17%
ICE	C	-0.17%
AMT	D	-0.17%
PNC	B	-0.16%
DUK	C	-0.16%
USB	A	-0.15%
CRWD	B	-0.15%
CME	A	-0.15%
WELL	A	-0.15%
APO	B	-0.13%
WMB	A	-0.13%
COF	B	-0.13%
TFC	A	-0.12%
AJG	B	-0.12%
TTD	B	-0.11%
AMP	A	-0.11%
NXPI	D	-0.11%
SRE	A	-0.11%
BK	A	-0.11%
DLR	B	-0.11%
SPG	B	-0.11%
AFL	B	-0.11%
FICO	B	-0.11%
AEP	D	-0.1%
MET	A	-0.1%
AIG	B	-0.1%
MSTR	C	-0.1%
COIN	C	-0.1%
CCI	D	-0.09%
PRU	A	-0.09%
KVUE	A	-0.09%
D	C	-0.09%
FLUT	A	-0.09%
O	D	-0.09%
FIS	C	-0.09%
TEAM	A	-0.08%
PCG	A	-0.08%
VRT	B	-0.08%
PEG	A	-0.08%
DFS	B	-0.08%
AXON	A	-0.08%
EXR	D	-0.07%
IDXX	F	-0.07%
VEEV	C	-0.07%
MTB	A	-0.07%
DDOG	A	-0.07%
GPN	B	-0.06%
WEC	A	-0.06%
ETR	B	-0.06%
ARES	A	-0.06%
EIX	B	-0.06%
RJF	A	-0.06%
FITB	A	-0.06%
AVB	B	-0.06%
ALNY	D	-0.06%
HUBS	A	-0.06%
VICI	C	-0.06%
AEE	A	-0.05%
RF	A	-0.05%
RBLX	C	-0.05%
EQR	B	-0.05%
HBAN	A	-0.05%
VLTO	D	-0.05%
SYF	B	-0.05%
VTR	C	-0.05%
TYL	B	-0.05%
AWK	D	-0.05%
MPWR	F	-0.05%
NET	B	-0.05%
TPL	A	-0.05%
STT	A	-0.05%
FDS	B	-0.04%
ZS	C	-0.04%
ZBRA	B	-0.04%
ESS	B	-0.04%
TRU	D	-0.04%
LII	A	-0.04%
INVH	D	-0.04%
PFG	D	-0.04%
FCNCA	A	-0.04%
CFG	B	-0.04%
MDB	C	-0.04%
ES	D	-0.04%
ATO	A	-0.04%
NTRS	A	-0.04%
PTC	A	-0.04%
WAT	B	-0.04%
GLPI	C	-0.03%
UDR	B	-0.03%
NDSN	B	-0.03%
ROL	B	-0.03%
EPAM	C	-0.03%
EVRG	A	-0.03%
RVTY	F	-0.03%
TOST	B	-0.03%
DOC	D	-0.03%
ENTG	D	-0.03%
DPZ	C	-0.03%
GGG	B	-0.03%
LNT	A	-0.03%
DT	C	-0.03%
PSTG	D	-0.03%
EQH	B	-0.03%
L	A	-0.03%
SUI	D	-0.03%
FNF	B	-0.03%
HEI	B	-0.03%
NI	A	-0.03%
DOCU	A	-0.03%
KIM	A	-0.03%
ARE	D	-0.03%
HOOD	B	-0.03%
IEX	B	-0.03%
TRMB	B	-0.03%
MANH	D	-0.03%
PNR	A	-0.03%
KEY	B	-0.03%
PODD	C	-0.03%
MAA	B	-0.03%
DKNG	B	-0.03%
MTCH	D	-0.02%
CRBG	B	-0.02%
TTC	D	-0.02%
TFX	F	-0.02%
ENPH	F	-0.02%
SEIC	B	-0.02%
CNH	C	-0.02%
EXAS	D	-0.02%
ROKU	D	-0.02%
WYNN	D	-0.02%
SMCI	F	-0.02%
RPRX	D	-0.02%
CRL	C	-0.02%
MKTX	D	-0.02%
SOLV	C	-0.02%
WTRG	B	-0.02%
ALLY	C	-0.02%
IOT	A	-0.02%
CTLT	B	-0.02%
ERIE	D	-0.02%
PAYC	B	-0.02%
TECH	D	-0.02%
SNAP	C	-0.02%
Z	A	-0.02%
LW	C	-0.02%
BXP	D	-0.02%
HEI	B	-0.02%
WPC	D	-0.02%
CG	A	-0.02%
NBIX	C	-0.02%
AMH	D	-0.02%
DAY	B	-0.02%
BMRN	D	-0.02%
OKTA	C	-0.02%
JKHY	D	-0.02%
ELS	C	-0.02%
CPT	B	-0.02%
ALLE	D	-0.02%
INCY	C	-0.02%
REG	B	-0.02%
CELH	F	-0.01%
WLK	D	-0.01%
UHAL	D	-0.01%
FOX	A	-0.01%
BBWI	D	-0.01%
RIVN	F	-0.01%
BIO	D	-0.01%
BSY	D	-0.01%