PBP vs. VV ETF Comparison

Comparison of PowerShares S&P 500 BuyWrite Portfolio (PBP) to Vanguard Large-Cap ETF - DNQ (VV)

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

$23.28

Average Daily Volume

18,242

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

VV

Vanguard Large-Cap ETF - DNQ

VV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a broadly diversified index of large U.S. companies representing approximately the top 85% of the U.S. market capitalization. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$274.76

Average Daily Volume

210,421

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	PBP	VV
30 Days	1.70%	2.40%
60 Days	3.87%	6.84%
90 Days	5.97%	8.56%
12 Months	19.77%	35.38%

432 Overlapping Holdings

	Symbol	Grade	Weight in PBP	Weight in VV	Overlap
	A	F	0.08%	0.09%	0.08%
	AAPL	C	6.87%	6.93%	6.87%
	ABBV	D	0.72%	0.72%	0.72%
	ABNB	C	0.13%	0.1%	0.1%
	ABT	C	0.41%	0.41%	0.41%
	ACGL	D	0.08%	0.08%	0.08%
	ACN	C	0.45%	0.46%	0.45%
	ADBE	C	0.45%	0.47%	0.45%
	ADI	F	0.23%	0.24%	0.23%
	ADM	F	0.05%	0.06%	0.05%
	ADP	A	0.25%	0.23%	0.23%
	ADSK	A	0.13%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.11%	0.1%
	AFL	C	0.11%	0.13%	0.11%
	AIG	B	0.1%	0.1%	0.1%
	AJG	A	0.13%	0.13%	0.13%
	AKAM	F	0.03%	0.03%	0.03%
	ALB	B	0.02%	0.01%	0.01%
	ALGN	F	0.03%	0.04%	0.03%
	ALL	A	0.1%	0.1%	0.1%
	AMAT	F	0.32%	0.34%	0.32%
	AMD	F	0.48%	0.55%	0.48%
	AME	A	0.09%	0.08%	0.08%
	AMGN	F	0.35%	0.36%	0.35%
	AMP	A	0.11%	0.09%	0.09%
	AMT	F	0.19%	0.22%	0.19%
	AMZN	A	3.92%	3.62%	3.62%
	ANET	C	0.22%	0.2%	0.2%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.17%	0.15%	0.15%
	APD	B	0.14%	0.14%	0.14%
	APH	B	0.18%	0.16%	0.16%
	APTV	D	0.03%	0.04%	0.03%
	ARE	F	0.04%	0.04%	0.04%
	AVB	A	0.06%	0.07%	0.06%
	AVGO	C	1.7%	1.65%	1.65%
	AVY	F	0.03%	0.04%	0.03%
	AWK	D	0.05%	0.06%	0.05%
	AXP	B	0.34%	0.28%	0.28%
	AZO	C	0.11%	0.11%	0.11%
	BA	F	0.22%	0.19%	0.19%
	BAC	A	0.62%	0.57%	0.57%
	BALL	D	0.04%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBY	D	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.14%	0.14%
	BEN	C	0.01%	0.01%	0.01%
	BIIB	F	0.05%	0.06%	0.05%
	BK	B	0.12%	0.11%	0.11%
	BKNG	A	0.34%	0.29%	0.29%
	BKR	B	0.09%	0.07%	0.07%
	BMY	B	0.23%	0.22%	0.22%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.74%	0.07%	0.07%
	BRK.A	B	1.74%	1.66%	1.66%
	BRO	A	0.05%	0.05%	0.05%
	BSX	A	0.26%	0.25%	0.25%
	BX	A	0.26%	0.23%	0.23%
	C	A	0.27%	0.23%	0.23%
	CAG	F	0.03%	0.03%	0.03%
	CAH	A	0.06%	0.06%	0.06%
	CARR	C	0.13%	0.14%	0.13%
	CAT	C	0.41%	0.39%	0.39%
	CB	C	0.21%	0.23%	0.21%
	CBOE	D	0.04%	0.04%	0.04%
	CBRE	A	0.08%	0.08%	0.08%
	CCI	F	0.09%	0.11%	0.09%
	CCL	A	0.05%	0.04%	0.04%
	CDNS	B	0.16%	0.15%	0.15%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.02%	0.03%	0.02%
	CEG	D	0.15%	0.17%	0.15%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHTR	B	0.08%	0.06%	0.06%
	CI	D	0.18%	0.2%	0.18%
	CINF	A	0.05%	0.04%	0.04%
	CL	F	0.15%	0.17%	0.15%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	B	0.35%	0.33%	0.33%
	CME	A	0.16%	0.16%	0.16%
	CMG	B	0.16%	0.16%	0.16%
	CMI	A	0.1%	0.09%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNC	F	0.07%	0.08%	0.07%
	CNP	B	0.04%	0.04%	0.04%
	COF	B	0.15%	0.11%	0.11%
	COP	C	0.27%	0.25%	0.25%
	COR	A	0.09%	0.08%	0.08%
	COST	B	0.81%	0.81%	0.81%
	CPAY	A	0.05%	0.04%	0.04%
	CPB	F	0.02%	0.02%	0.02%
	CPRT	A	0.1%	0.09%	0.09%
	CRM	B	0.6%	0.52%	0.52%
	CRWD	B	0.15%	0.13%	0.13%
	CSCO	A	0.47%	0.4%	0.4%
	CSGP	D	0.06%	0.06%	0.06%
	CSX	B	0.15%	0.14%	0.14%
	CTAS	A	0.15%	0.15%	0.15%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	A	0.08%	0.08%	0.08%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	F	0.16%	0.16%	0.16%
	CVX	B	0.54%	0.53%	0.53%
	D	D	0.1%	0.1%	0.1%
	DAL	A	0.08%	0.07%	0.07%
	DD	D	0.07%	0.07%	0.07%
	DE	D	0.21%	0.22%	0.21%
	DELL	B	0.08%	0.07%	0.07%
	DFS	B	0.09%	0.07%	0.07%
	DG	F	0.03%	0.04%	0.03%
	DGX	A	0.04%	0.04%	0.04%
	DHI	F	0.1%	0.12%	0.1%
	DHR	F	0.32%	0.37%	0.32%
	DIS	B	0.36%	0.36%	0.36%
	DLR	C	0.11%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	0.03%	0.02%	0.02%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.07%	0.08%	0.07%
	DPZ	C	0.03%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	D	0.05%	0.05%	0.05%
	DUK	D	0.18%	0.18%	0.18%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	C	0.06%	0.06%	0.06%
	EA	A	0.08%	0.08%	0.08%
	EBAY	C	0.06%	0.07%	0.06%
	ECL	C	0.13%	0.13%	0.13%
	ED	D	0.07%	0.07%	0.07%
	EFX	D	0.07%	0.07%	0.07%
	EG	D	0.03%	0.03%	0.03%
	EIX	C	0.06%	0.07%	0.06%
	EL	F	0.03%	0.05%	0.03%
	ELV	F	0.2%	0.25%	0.2%
	EMR	A	0.15%	0.13%	0.13%
	ENPH	F	0.02%	0.03%	0.02%
	EOG	A	0.15%	0.14%	0.14%
	EQIX	B	0.17%	0.17%	0.17%
	EQR	C	0.05%	0.06%	0.05%
	EQT	B	0.05%	0.02%	0.02%
	ES	D	0.04%	0.05%	0.04%
	ESS	C	0.04%	0.04%	0.04%
	ETN	A	0.29%	0.27%	0.27%
	ETR	B	0.06%	0.06%	0.06%
	EVRG	A	0.03%	0.01%	0.01%
	EW	D	0.08%	0.08%	0.08%
	EXC	C	0.08%	0.08%	0.08%
	EXPD	D	0.03%	0.04%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	EXR	D	0.07%	0.08%	0.07%
	F	C	0.09%	0.08%	0.08%
	FANG	D	0.07%	0.07%	0.07%
	FAST	A	0.1%	0.08%	0.08%
	FCX	F	0.14%	0.15%	0.14%
	FDS	A	0.04%	0.04%	0.04%
	FDX	B	0.13%	0.12%	0.12%
	FE	D	0.04%	0.05%	0.04%
	FI	A	0.25%	0.21%	0.21%
	FICO	B	0.11%	0.09%	0.09%
	FIS	B	0.1%	0.09%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.02%	0.02%
	FSLR	F	0.04%	0.05%	0.04%
	FTNT	B	0.1%	0.1%	0.1%
	FTV	D	0.05%	0.06%	0.05%
	GD	A	0.16%	0.15%	0.15%
	GDDY	A	0.05%	0.05%	0.05%
	GE	C	0.4%	0.4%	0.4%
	GEHC	F	0.08%	0.08%	0.08%
	GEN	A	0.03%	0.03%	0.03%
	GEV	B	0.19%	0.14%	0.14%
	GILD	C	0.23%	0.21%	0.21%
	GIS	F	0.07%	0.08%	0.07%
	GLW	C	0.08%	0.07%	0.07%
	GM	A	0.13%	0.1%	0.1%
	GOOG	B	1.74%	1.63%	1.63%
	GOOGL	B	2.1%	2.0%	2.0%
	GPC	D	0.03%	0.04%	0.03%
	GPN	B	0.06%	0.05%	0.05%
	GRMN	A	0.07%	0.06%	0.06%
	GS	B	0.38%	0.32%	0.32%
	GWW	B	0.11%	0.09%	0.09%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	D	0.13%	0.15%	0.13%
	HD	B	0.78%	0.83%	0.78%
	HES	C	0.08%	0.08%	0.08%
	HIG	C	0.07%	0.07%	0.07%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.29%	0.28%	0.28%
	HPE	B	0.06%	0.05%	0.05%
	HPQ	B	0.07%	0.07%	0.07%
	HRL	F	0.02%	0.02%	0.02%
	HSY	D	0.05%	0.06%	0.05%
	HUBB	B	0.05%	0.02%	0.02%
	HUM	D	0.07%	0.08%	0.07%
	HWM	A	0.1%	0.08%	0.08%
	IBM	C	0.4%	0.42%	0.4%
	ICE	D	0.18%	0.19%	0.18%
	IDXX	D	0.07%	0.09%	0.07%
	IFF	F	0.05%	0.06%	0.05%
	INCY	B	0.03%	0.01%	0.01%
	INTC	C	0.22%	0.19%	0.19%
	INTU	A	0.37%	0.34%	0.34%
	INVH	D	0.04%	0.04%	0.04%
	IP	C	0.04%	0.03%	0.03%
	IQV	F	0.08%	0.08%	0.08%
	IR	A	0.08%	0.08%	0.08%
	IRM	D	0.07%	0.07%	0.07%
	ISRG	A	0.37%	0.36%	0.36%
	IT	A	0.08%	0.08%	0.08%
	ITW	A	0.15%	0.15%	0.15%
	J	B	0.04%	0.03%	0.03%
	JBHT	B	0.03%	0.03%	0.03%
	JCI	A	0.11%	0.11%	0.11%
	JNJ	D	0.77%	0.8%	0.77%
	JPM	B	1.43%	1.23%	1.23%
	K	A	0.04%	0.05%	0.04%
	KDP	D	0.07%	0.08%	0.07%
	KEY	B	0.04%	0.03%	0.03%
	KEYS	C	0.06%	0.06%	0.06%
	KHC	F	0.06%	0.06%	0.06%
	KKR	B	0.21%	0.18%	0.18%
	KLAC	F	0.18%	0.21%	0.18%
	KMB	F	0.09%	0.1%	0.09%
	KMI	B	0.1%	0.09%	0.09%
	KO	F	0.5%	0.57%	0.5%
	KR	A	0.08%	0.08%	0.08%
	KVUE	B	0.09%	0.09%	0.09%
	L	A	0.03%	0.03%	0.03%
	LDOS	B	0.05%	0.02%	0.02%
	LEN	D	0.08%	0.0%	0.0%
	LEN	D	0.08%	0.09%	0.08%
	LH	A	0.04%	0.04%	0.04%
	LHX	A	0.1%	0.09%	0.09%
	LIN	D	0.45%	0.47%	0.45%
	LLY	F	1.24%	1.56%	1.24%
	LMT	C	0.24%	0.29%	0.24%
	LNT	C	0.03%	0.03%	0.03%
	LOW	B	0.3%	0.32%	0.3%
	LULU	C	0.07%	0.06%	0.06%
	LUV	B	0.04%	0.04%	0.04%
	LVS	C	0.04%	0.04%	0.04%
	LYB	F	0.05%	0.05%	0.05%
	LYV	B	0.04%	0.04%	0.04%
	MA	B	0.87%	0.84%	0.84%
	MAA	C	0.04%	0.04%	0.04%
	MAR	A	0.13%	0.12%	0.12%
	MAS	D	0.04%	0.04%	0.04%
	MCD	C	0.43%	0.45%	0.43%
	MCHP	F	0.08%	0.09%	0.08%
	MCK	A	0.14%	0.13%	0.13%
	MCO	C	0.15%	0.15%	0.15%
	MDLZ	F	0.18%	0.2%	0.18%
	MDT	D	0.23%	0.24%	0.23%
	MET	C	0.1%	0.1%	0.1%
	META	B	2.54%	2.57%	2.54%
	MGM	D	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.08%	0.07%	0.07%
	MMC	C	0.22%	0.23%	0.22%
	MMM	C	0.15%	0.15%	0.15%
	MNST	B	0.08%	0.07%	0.07%
	MO	A	0.19%	0.18%	0.18%
	MOH	F	0.04%	0.04%	0.04%
	MPC	D	0.11%	0.11%	0.11%
	MPWR	F	0.08%	0.09%	0.08%
	MRK	F	0.52%	0.59%	0.52%
	MRNA	F	0.04%	0.05%	0.04%
	MRO	B	0.03%	0.03%	0.03%
	MS	A	0.33%	0.26%	0.26%
	MSCI	B	0.09%	0.09%	0.09%
	MSFT	C	6.34%	6.58%	6.34%
	MSI	B	0.16%	0.15%	0.15%
	MTB	B	0.07%	0.06%	0.06%
	MTD	F	0.06%	0.07%	0.06%
	MU	D	0.25%	0.24%	0.24%
	NDAQ	A	0.07%	0.07%	0.07%
	NEE	D	0.31%	0.36%	0.31%
	NEM	F	0.1%	0.13%	0.1%
	NFLX	A	0.68%	0.63%	0.63%
	NI	A	0.03%	0.02%	0.02%
	NKE	F	0.18%	0.22%	0.18%
	NOC	C	0.15%	0.16%	0.15%
	NOW	A	0.42%	0.38%	0.38%
	NSC	B	0.13%	0.12%	0.12%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	C	0.08%	0.07%	0.07%
	NVDA	B	7.27%	5.84%	5.84%
	NVR	D	0.06%	0.06%	0.06%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.02%	0.02%	0.02%
	O	D	0.1%	0.11%	0.1%
	ODFL	B	0.09%	0.08%	0.08%
	OKE	A	0.12%	0.11%	0.11%
	OMC	B	0.04%	0.04%	0.04%
	ON	F	0.06%	0.06%	0.06%
	ORCL	A	0.59%	0.58%	0.58%
	ORLY	A	0.15%	0.14%	0.14%
	OTIS	C	0.08%	0.09%	0.08%
	OXY	D	0.07%	0.07%	0.07%
	PANW	A	0.25%	0.23%	0.23%
	PAYX	B	0.1%	0.09%	0.09%
	PCAR	B	0.12%	0.11%	0.11%
	PCG	A	0.09%	0.09%	0.09%
	PEG	C	0.08%	0.09%	0.08%
	PEP	D	0.46%	0.48%	0.46%
	PFE	F	0.31%	0.34%	0.31%
	PFG	C	0.04%	0.04%	0.04%
	PG	C	0.77%	0.84%	0.77%
	PGR	A	0.31%	0.31%	0.31%
	PH	A	0.19%	0.17%	0.17%
	PHM	D	0.05%	0.06%	0.05%
	PKG	B	0.04%	0.04%	0.04%
	PLD	D	0.21%	0.24%	0.21%
	PLTR	B	0.23%	0.16%	0.16%
	PM	C	0.4%	0.39%	0.39%
	PNC	B	0.17%	0.15%	0.15%
	PODD	B	0.03%	0.02%	0.02%
	POOL	D	0.03%	0.01%	0.01%
	PPG	F	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	B	0.09%	0.09%	0.09%
	PSA	C	0.1%	0.12%	0.1%
	PSX	D	0.11%	0.11%	0.11%
	PWR	B	0.09%	0.09%	0.09%
	PYPL	A	0.17%	0.16%	0.16%
	QCOM	F	0.39%	0.39%	0.39%
	RCL	A	0.11%	0.08%	0.08%
	REGN	F	0.18%	0.23%	0.18%
	RF	B	0.05%	0.04%	0.04%
	RJF	A	0.06%	0.05%	0.05%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.07%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	A	0.12%	0.12%	0.12%
	ROST	F	0.09%	0.1%	0.09%
	RSG	A	0.09%	0.08%	0.08%
	RTX	C	0.33%	0.33%	0.33%
	RVTY	C	0.03%	0.03%	0.03%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	B	0.22%	0.23%	0.22%
	SCHW	A	0.23%	0.2%	0.2%
	SHW	A	0.18%	0.18%	0.18%
	SLB	C	0.13%	0.12%	0.12%
	SMCI	F	0.02%	0.04%	0.02%
	SNA	A	0.04%	0.03%	0.03%
	SNPS	B	0.17%	0.16%	0.16%
	SO	D	0.19%	0.2%	0.19%
	SPG	B	0.11%	0.11%	0.11%
	SPGI	C	0.32%	0.34%	0.32%
	SRE	A	0.11%	0.11%	0.11%
	STE	F	0.05%	0.05%	0.05%
	STLD	B	0.04%	0.02%	0.02%
	STT	B	0.06%	0.05%	0.05%
	STX	D	0.04%	0.05%	0.04%
	STZ	D	0.07%	0.09%	0.07%
	SWK	F	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.05%	0.04%	0.04%
	SYK	A	0.26%	0.26%	0.26%
	SYY	B	0.08%	0.08%	0.08%
	T	A	0.32%	0.32%	0.32%
	TDG	B	0.16%	0.16%	0.16%
	TDY	A	0.05%	0.04%	0.04%
	TER	F	0.04%	0.05%	0.04%
	TFC	B	0.13%	0.12%	0.12%
	TGT	C	0.14%	0.15%	0.14%
	TJX	B	0.27%	0.27%	0.27%
	TMO	F	0.43%	0.49%	0.43%
	TMUS	A	0.23%	0.2%	0.2%
	TRGP	B	0.08%	0.03%	0.03%
	TRMB	B	0.04%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRV	B	0.12%	0.11%	0.11%
	TSCO	C	0.06%	0.06%	0.06%
	TSLA	B	1.63%	1.46%	1.46%
	TSN	C	0.03%	0.04%	0.03%
	TT	A	0.18%	0.18%	0.18%
	TTWO	A	0.06%	0.05%	0.05%
	TXN	C	0.4%	0.39%	0.39%
	TXT	C	0.03%	0.03%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UAL	B	0.06%	0.04%	0.04%
	UBER	F	0.32%	0.31%	0.31%
	UDR	C	0.03%	0.02%	0.02%
	ULTA	C	0.04%	0.04%	0.04%
	UNH	B	1.12%	1.11%	1.11%
	UNP	C	0.31%	0.31%	0.31%
	UPS	C	0.2%	0.21%	0.2%
	URI	B	0.12%	0.11%	0.11%
	USB	A	0.16%	0.15%	0.15%
	V	A	1.04%	0.87%	0.87%
	VICI	D	0.07%	0.07%	0.07%
	VLO	D	0.09%	0.08%	0.08%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.08%	0.07%	0.07%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRTX	B	0.26%	0.25%	0.25%
	VST	B	0.09%	0.08%	0.08%
	VTR	C	0.05%	0.05%	0.05%
	VTRS	B	0.03%	0.03%	0.03%
	VZ	C	0.35%	0.35%	0.35%
	WAB	A	0.07%	0.07%	0.07%
	WAT	A	0.05%	0.04%	0.04%
	WBA	D	0.01%	0.01%	0.01%
	WBD	B	0.04%	0.04%	0.04%
	WDC	D	0.05%	0.05%	0.05%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.16%	0.16%
	WFC	A	0.5%	0.4%	0.4%
	WM	A	0.16%	0.17%	0.16%
	WMB	B	0.14%	0.11%	0.11%
	WMT	A	0.74%	0.74%	0.74%
	WRB	B	0.04%	0.03%	0.03%
	WST	B	0.05%	0.04%	0.04%
	WTW	A	0.07%	0.06%	0.06%
	WY	F	0.05%	0.05%	0.05%
	XEL	A	0.08%	0.07%	0.07%
	XOM	B	1.09%	1.07%	1.07%
	XYL	D	0.06%	0.07%	0.06%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	C	0.05%	0.05%	0.05%
	ZBRA	A	0.04%	0.04%	0.04%
	ZTS	D	0.16%	0.16%	0.16%

PBP Overweight 68 Positions Relative to VV

	Symbol	Grade	Weight
	LRCX	F	0.2%
	NXPI	F	0.12%
	AXON	B	0.07%
	PTC	B	0.05%
	DECK	B	0.05%
	SW	C	0.05%
	IEX	B	0.04%
	NRG	B	0.04%
	BLDR	D	0.04%
	ATO	A	0.04%
	SJM	F	0.03%
	CHRW	A	0.03%
	CPT	C	0.03%
	HST	C	0.03%
	DAY	C	0.03%
	JNPR	D	0.03%
	JKHY	C	0.03%
	FFIV	A	0.03%
	NDSN	B	0.03%
	AMCR	D	0.03%
	JBL	C	0.03%
	KIM	A	0.03%
	PNR	A	0.03%
	FMC	F	0.02%
	MHK	D	0.02%
	BWA	B	0.02%
	WYNN	F	0.02%
	HII	D	0.02%
	HAS	D	0.02%
	IVZ	C	0.02%
	RL	B	0.02%
	FRT	C	0.02%
	CZR	F	0.02%
	MOS	D	0.02%
	HSIC	F	0.02%
	APA	F	0.02%
	AOS	F	0.02%
	TFX	F	0.02%
	MTCH	F	0.02%
	GL	B	0.02%
	TAP	B	0.02%
	LKQ	D	0.02%
	AES	F	0.02%
	SOLV	D	0.02%
	PNW	B	0.02%
	MKTX	C	0.02%
	AIZ	A	0.02%
	CTLT	D	0.02%
	ERIE	F	0.02%
	GNRC	B	0.02%
	CRL	C	0.02%
	PAYC	B	0.02%
	IPG	F	0.02%
	TPR	B	0.02%
	LW	C	0.02%
	EPAM	B	0.02%
	BXP	D	0.02%
	REG	A	0.02%
	TECH	B	0.02%
	KMX	C	0.02%
	UHS	D	0.02%
	EMN	D	0.02%
	BG	D	0.02%
	NCLH	B	0.02%
	ALLE	D	0.02%
	PARA	C	0.01%
	DVA	C	0.01%
	QRVO	F	0.01%

PBP Underweight 52 Positions Relative to VV

	Symbol	Grade	Weight
	BLK	B	-0.27%
	MRVL	B	-0.13%
	WDAY	B	-0.11%
	DASH	A	-0.1%
	TTD	B	-0.1%
	APO	B	-0.1%
	WCN	A	-0.09%
	SQ	B	-0.08%
	LNG	B	-0.08%
	DDOG	B	-0.07%
	COIN	B	-0.07%
	SNOW	C	-0.07%
	ALNY	D	-0.07%
	VRT	B	-0.07%
	ARES	B	-0.06%
	VEEV	B	-0.06%
	NET	B	-0.05%
	RBLX	B	-0.05%
	TEAM	B	-0.05%
	HUBS	B	-0.05%
	LPLA	B	-0.04%
	MDB	C	-0.04%
	MKL	A	-0.04%
	PINS	F	-0.04%
	TRU	D	-0.04%
	ILMN	C	-0.04%
	BMRN	F	-0.03%
	WPC	F	-0.03%
	TW	C	-0.03%
	IBKR	A	-0.03%
	APP	B	-0.03%
	MSTR	B	-0.03%
	HEI	B	-0.03%
	SSNC	C	-0.03%
	ZS	B	-0.03%
	FNF	C	-0.03%
	ZM	B	-0.03%
	AVTR	F	-0.03%
	BURL	C	-0.03%
	SUI	D	-0.03%
	BSY	F	-0.02%
	TPL	B	-0.02%
	CVNA	B	-0.02%
	HEI	B	-0.02%
	RPRX	F	-0.02%
	SNAP	C	-0.02%
	OKTA	C	-0.02%
	RKT	F	-0.01%
	AGR	C	-0.01%
	WLK	F	-0.01%
	WMG	B	-0.01%
	CRBG	C	-0.01%

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

VV: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Insurance Electricity Dow Jones Component Electronics Medicine Bank Chemical Telecommunications Aerospace Banking Cloud Computing Insurance Products Real Estate Investment Trust Semiconductor Mobile Devices Work From Home