PBUS vs. ACVF ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to American Conservative Values ETF (ACVF)

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

$56.13

Average Daily Volume

66,586

Number of Holdings ^*

580

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$42.68

Average Daily Volume

9,213

Number of Holdings ^*

361

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	ACVF
30 Days	0.30%	0.15%
60 Days	2.28%	2.92%
90 Days	3.07%	2.73%
12 Months	28.22%	24.79%

337 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in ACVF	Overlap
	A	C	0.08%	0.07%	0.07%
	ABBV	C	0.74%	0.95%	0.74%
	ABNB	D	0.11%	0.35%	0.11%
	ABT	C	0.43%	0.55%	0.43%
	ACN	C	0.46%	0.9%	0.46%
	ADBE	D	0.53%	1.15%	0.53%
	ADI	D	0.23%	0.51%	0.23%
	ADM	D	0.06%	0.09%	0.06%
	ADP	B	0.24%	0.37%	0.24%
	ADSK	B	0.12%	0.27%	0.12%
	AEE	B	0.05%	0.01%	0.01%
	AEP	B	0.11%	0.04%	0.04%
	AES	C	0.02%	0.01%	0.01%
	AFL	B	0.12%	0.06%	0.06%
	AIG	D	0.1%	0.05%	0.05%
	AJG	C	0.14%	0.06%	0.06%
	ALB	F	0.02%	0.01%	0.01%
	ALL	A	0.1%	0.05%	0.05%
	AMAT	D	0.31%	0.57%	0.31%
	AMCR	C	0.03%	0.05%	0.03%
	AMD	F	0.48%	0.64%	0.48%
	AME	C	0.08%	0.06%	0.06%
	AMGN	B	0.37%	0.44%	0.37%
	AMP	B	0.09%	0.17%	0.09%
	AMT	C	0.24%	0.25%	0.24%
	ANET	B	0.18%	0.65%	0.18%
	ANSS	F	0.06%	0.18%	0.06%
	AON	B	0.14%	0.16%	0.14%
	APD	B	0.13%	0.16%	0.13%
	APH	D	0.15%	0.19%	0.15%
	APTV	D	0.04%	0.05%	0.04%
	ARE	B	0.04%	0.02%	0.02%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	C	1.37%	1.97%	1.37%
	AWK	A	0.06%	0.03%	0.03%
	AZO	D	0.11%	0.3%	0.11%
	BA	F	0.2%	0.21%	0.2%
	BALL	C	0.04%	0.06%	0.04%
	BBWI	F	0.01%	0.02%	0.01%
	BBY	B	0.04%	0.07%	0.04%
	BDX	F	0.14%	0.16%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BIIB	F	0.06%	0.02%	0.02%
	BK	A	0.1%	0.06%	0.06%
	BKNG	B	0.27%	0.78%	0.27%
	BKR	D	0.07%	0.07%	0.07%
	BLDR	C	0.04%	0.15%	0.04%
	BMY	C	0.21%	0.31%	0.21%
	BR	D	0.05%	0.06%	0.05%
	BRK.A	C	1.27%	2.88%	1.27%
	BSX	B	0.26%	0.29%	0.26%
	BX	B	0.21%	0.35%	0.21%
	C	D	0.23%	0.4%	0.23%
	CAH	C	0.06%	0.06%	0.06%
	CARR	B	0.12%	0.08%	0.08%
	CAT	C	0.34%	0.48%	0.34%
	CB	B	0.23%	0.41%	0.23%
	CBOE	C	0.05%	0.21%	0.05%
	CBRE	A	0.08%	0.13%	0.08%
	CCI	B	0.11%	0.13%	0.11%
	CDNS	D	0.15%	0.43%	0.15%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.01%	0.01%
	CEG	C	0.12%	0.07%	0.07%
	CFG	D	0.04%	0.06%	0.04%
	CHD	C	0.05%	0.05%	0.05%
	CHRW	B	0.02%	0.03%	0.02%
	CHTR	D	0.06%	0.38%	0.06%
	CI	C	0.21%	0.67%	0.21%
	CINF	B	0.04%	0.05%	0.04%
	CL	C	0.17%	0.26%	0.17%
	CLX	C	0.04%	0.01%	0.01%
	CME	C	0.16%	0.46%	0.16%
	CMI	C	0.08%	0.14%	0.08%
	CNC	C	0.08%	0.08%	0.08%
	CNP	C	0.04%	0.03%	0.03%
	COF	C	0.11%	0.13%	0.11%
	COP	D	0.25%	0.22%	0.22%
	COST	C	0.83%	1.79%	0.83%
	CPRT	D	0.09%	0.5%	0.09%
	CRWD	F	0.12%	0.13%	0.12%
	CSCO	B	0.41%	1.42%	0.41%
	CSX	D	0.14%	0.19%	0.14%
	CTAS	C	0.16%	0.39%	0.16%
	CTSH	C	0.08%	0.25%	0.08%
	CTVA	B	0.08%	0.11%	0.08%
	CVS	D	0.15%	0.19%	0.15%
	CVX	D	0.51%	0.68%	0.51%
	D	C	0.1%	0.03%	0.03%
	DASH	C	0.08%	0.25%	0.08%
	DD	B	0.07%	0.05%	0.05%
	DE	B	0.21%	0.42%	0.21%
	DFS	C	0.07%	0.27%	0.07%
	DG	F	0.04%	0.07%	0.04%
	DHI	B	0.12%	0.14%	0.12%
	DHR	B	0.38%	0.59%	0.38%
	DLR	B	0.11%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOW	D	0.07%	0.04%	0.04%
	DPZ	F	0.03%	0.04%	0.03%
	DRI	C	0.04%	0.06%	0.04%
	DTE	B	0.05%	0.05%	0.05%
	DUK	C	0.19%	0.14%	0.14%
	DXCM	F	0.06%	0.05%	0.05%
	EA	D	0.08%	0.26%	0.08%
	EBAY	B	0.06%	0.1%	0.06%
	ECL	B	0.13%	0.17%	0.13%
	ED	C	0.08%	0.01%	0.01%
	EFX	C	0.08%	0.09%	0.08%
	EIX	C	0.07%	0.06%	0.06%
	EL	F	0.04%	0.04%	0.04%
	ELV	C	0.26%	0.48%	0.26%
	EMR	D	0.12%	0.17%	0.12%
	EOG	D	0.14%	0.12%	0.12%
	EQIX	B	0.17%	0.25%	0.17%
	EQR	B	0.05%	0.07%	0.05%
	ES	C	0.05%	0.05%	0.05%
	ETN	C	0.24%	0.53%	0.24%
	EW	F	0.08%	0.09%	0.08%
	EXC	B	0.08%	0.04%	0.04%
	EXPD	B	0.04%	0.05%	0.04%
	EXPE	C	0.04%	0.26%	0.04%
	EXR	B	0.08%	0.02%	0.02%
	F	D	0.08%	0.12%	0.08%
	FAST	C	0.08%	0.1%	0.08%
	FCX	D	0.12%	0.19%	0.12%
	FDX	C	0.14%	0.16%	0.14%
	FE	C	0.05%	0.05%	0.05%
	FFIV	A	0.02%	0.19%	0.02%
	FICO	A	0.09%	0.32%	0.09%
	FIS	B	0.1%	0.13%	0.1%
	FITB	B	0.06%	0.11%	0.06%
	FOX	B	0.01%	0.11%	0.01%
	FOXA	B	0.02%	0.13%	0.02%
	FTNT	C	0.1%	0.15%	0.1%
	FTV	C	0.05%	0.05%	0.05%
	GD	B	0.15%	0.08%	0.08%
	GE	B	0.38%	0.44%	0.38%
	GEHC	C	0.08%	0.08%	0.08%
	GEV	B	0.12%	0.14%	0.12%
	GILD	B	0.21%	0.09%	0.09%
	GIS	B	0.09%	0.08%	0.08%
	GLW	B	0.07%	0.08%	0.07%
	GPC	D	0.04%	0.06%	0.04%
	GPN	D	0.06%	0.19%	0.06%
	GRMN	D	0.06%	0.43%	0.06%
	GWW	B	0.09%	0.1%	0.09%
	HAL	F	0.05%	0.05%	0.05%
	HBAN	B	0.04%	0.04%	0.04%
	HCA	B	0.16%	0.11%	0.11%
	HD	B	0.77%	1.72%	0.77%
	HES	D	0.07%	0.04%	0.04%
	HIG	A	0.07%	0.08%	0.07%
	HLT	B	0.11%	0.16%	0.11%
	HOLX	B	0.04%	0.02%	0.02%
	HON	D	0.27%	0.44%	0.27%
	HPE	D	0.04%	0.19%	0.04%
	HPQ	D	0.07%	0.15%	0.07%
	HST	D	0.02%	0.02%	0.02%
	HSY	C	0.06%	0.06%	0.06%
	HUM	F	0.09%	0.22%	0.09%
	ICE	B	0.19%	0.42%	0.19%
	IDXX	C	0.09%	0.05%	0.05%
	IFF	B	0.05%	0.02%	0.02%
	ILMN	C	0.04%	0.05%	0.04%
	INCY	C	0.02%	0.02%	0.02%
	INTC	F	0.17%	0.27%	0.17%
	INTU	D	0.37%	0.9%	0.37%
	IP	B	0.03%	0.06%	0.03%
	IPG	C	0.02%	0.21%	0.02%
	IQV	C	0.09%	0.09%	0.09%
	IR	C	0.07%	0.07%	0.07%
	ISRG	C	0.36%	0.62%	0.36%
	IT	B	0.08%	0.19%	0.08%
	ITW	B	0.15%	0.14%	0.14%
	J	D	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.02%	0.02%
	JBL	D	0.03%	0.14%	0.03%
	JCI	B	0.1%	0.18%	0.1%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.06%	0.05%
	KHC	C	0.07%	0.06%	0.06%
	KKR	B	0.15%	0.19%	0.15%
	KLAC	D	0.2%	0.38%	0.2%
	KMB	D	0.1%	0.1%	0.1%
	KMI	A	0.09%	0.09%	0.09%
	KR	B	0.07%	0.03%	0.03%
	L	B	0.03%	0.04%	0.03%
	LEN	B	0.09%	0.1%	0.09%
	LHX	D	0.09%	0.13%	0.09%
	LIN	B	0.47%	0.93%	0.47%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	C	1.52%	1.81%	1.52%
	LMT	C	0.26%	0.38%	0.26%
	LRCX	F	0.2%	0.43%	0.2%
	LUV	C	0.01%	0.05%	0.01%
	LVS	D	0.03%	0.05%	0.03%
	LYB	F	0.05%	0.05%	0.05%
	LYV	B	0.03%	0.08%	0.03%
	MA	B	0.85%	1.72%	0.85%
	MAA	B	0.04%	0.02%	0.02%
	MANH	B	0.03%	0.16%	0.03%
	MAR	C	0.12%	0.41%	0.12%
	MCD	C	0.44%	1.06%	0.44%
	MCHP	D	0.08%	0.07%	0.07%
	MCK	F	0.14%	0.24%	0.14%
	MCO	A	0.17%	0.45%	0.17%
	MDLZ	B	0.21%	0.79%	0.21%
	MDT	C	0.24%	0.32%	0.24%
	MET	A	0.1%	0.25%	0.1%
	MGM	D	0.02%	0.08%	0.02%
	MKC	B	0.04%	0.03%	0.03%
	MKTX	C	0.02%	0.02%	0.02%
	MMC	C	0.24%	0.28%	0.24%
	MMM	B	0.15%	0.1%	0.1%
	MNST	C	0.08%	0.18%	0.08%
	MO	C	0.19%	0.24%	0.19%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.12%	0.3%	0.12%
	MRK	D	0.61%	0.82%	0.61%
	MS	D	0.25%	0.26%	0.25%
	MSCI	C	0.09%	0.06%	0.06%
	MSFT	C	6.11%	4.89%	4.89%
	MSI	C	0.15%	0.78%	0.15%
	MTD	D	0.06%	0.0%	0.0%
	MU	F	0.2%	0.31%	0.2%
	NEE	B	0.35%	0.62%	0.35%
	NEM	B	0.12%	0.09%	0.09%
	NOC	B	0.15%	0.2%	0.15%
	NOW	A	0.37%	0.86%	0.37%
	NSC	C	0.12%	0.05%	0.05%
	NTRS	B	0.04%	0.07%	0.04%
	NUE	F	0.07%	0.09%	0.07%
	NVDA	D	5.55%	6.88%	5.55%
	NWSA	D	0.02%	0.12%	0.02%
	NXPI	D	0.12%	0.19%	0.12%
	O	B	0.11%	0.03%	0.03%
	ODFL	C	0.08%	0.07%	0.07%
	OKE	B	0.11%	0.08%	0.08%
	OMC	A	0.04%	0.31%	0.04%
	ORCL	B	0.54%	1.06%	0.54%
	ORLY	B	0.14%	0.46%	0.14%
	OTIS	D	0.08%	0.05%	0.05%
	OXY	F	0.07%	0.1%	0.07%
	PANW	D	0.23%	0.44%	0.23%
	PARA	F	0.01%	0.14%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	C	0.09%	0.13%	0.09%
	PCAR	D	0.1%	0.12%	0.1%
	PEG	B	0.08%	0.09%	0.08%
	PEP	C	0.51%	1.03%	0.51%
	PFG	B	0.04%	0.03%	0.03%
	PG	C	0.88%	1.72%	0.88%
	PH	B	0.16%	0.17%	0.16%
	PHM	B	0.06%	0.04%	0.04%
	PINS	F	0.04%	0.1%	0.04%
	PKG	B	0.04%	0.04%	0.04%
	PLD	C	0.26%	0.4%	0.26%
	PM	C	0.41%	0.63%	0.41%
	PNC	B	0.15%	0.31%	0.15%
	POOL	C	0.03%	0.03%	0.03%
	PPG	C	0.06%	0.07%	0.06%
	PRU	C	0.09%	0.04%	0.04%
	PSA	B	0.12%	0.17%	0.12%
	PWR	B	0.08%	0.03%	0.03%
	QCOM	D	0.38%	0.58%	0.38%
	RCL	B	0.08%	0.08%	0.08%
	REGN	C	0.26%	0.33%	0.26%
	RF	B	0.04%	0.08%	0.04%
	RJF	C	0.05%	0.07%	0.05%
	RMD	C	0.08%	0.05%	0.05%
	ROK	D	0.06%	0.02%	0.02%
	ROP	C	0.12%	0.48%	0.12%
	ROST	C	0.11%	0.35%	0.11%
	RSG	D	0.09%	0.39%	0.09%
	RTX	C	0.33%	0.45%	0.33%
	SBAC	C	0.05%	0.02%	0.02%
	SCHW	D	0.2%	0.16%	0.16%
	SHW	B	0.19%	0.21%	0.19%
	SLB	F	0.12%	0.14%	0.12%
	SNPS	D	0.15%	0.46%	0.15%
	SO	B	0.2%	0.82%	0.2%
	SOLV	C	0.02%	0.01%	0.01%
	SPG	B	0.11%	0.08%	0.08%
	SPGI	B	0.35%	0.68%	0.35%
	SRE	B	0.11%	0.03%	0.03%
	STT	A	0.05%	0.09%	0.05%
	STX	D	0.04%	0.05%	0.04%
	STZ	C	0.09%	0.19%	0.09%
	SW	B	0.05%	0.02%	0.02%
	SYF	C	0.04%	0.01%	0.01%
	SYK	C	0.26%	0.31%	0.26%
	SYY	D	0.08%	0.03%	0.03%
	TDG	B	0.15%	0.13%	0.13%
	TEL	D	0.09%	0.14%	0.09%
	TFC	D	0.12%	0.19%	0.12%
	TJX	C	0.28%	0.92%	0.28%
	TMO	C	0.5%	0.64%	0.5%
	TMUS	C	0.22%	0.93%	0.22%
	TROW	D	0.05%	0.07%	0.05%
	TRV	B	0.11%	0.05%	0.05%
	TSCO	C	0.06%	0.21%	0.06%
	TSLA	C	1.36%	1.43%	1.36%
	TT	B	0.16%	0.17%	0.16%
	TTWO	D	0.05%	0.19%	0.05%
	TXN	C	0.38%	0.59%	0.38%
	TYL	C	0.05%	0.05%	0.05%
	UBER	C	0.27%	0.54%	0.27%
	ULTA	D	0.04%	0.04%	0.04%
	UNP	B	0.32%	0.42%	0.32%
	UPS	D	0.2%	0.22%	0.2%
	USB	B	0.15%	0.25%	0.15%
	VEEV	C	0.07%	0.04%	0.04%
	VLTO	C	0.06%	0.08%	0.06%
	VMC	D	0.06%	0.02%	0.02%
	VRSK	D	0.08%	0.33%	0.08%
	VRSN	D	0.03%	0.37%	0.03%
	VRTX	D	0.25%	0.32%	0.25%
	VTR	C	0.05%	0.04%	0.04%
	WAB	A	0.06%	0.06%	0.06%
	WBA	F	0.01%	0.02%	0.01%
	WDAY	D	0.11%	0.21%	0.11%
	WEC	B	0.06%	0.05%	0.05%
	WELL	B	0.16%	0.12%	0.12%
	WFC	D	0.39%	0.56%	0.39%
	WM	D	0.17%	0.44%	0.17%
	WMB	B	0.11%	0.08%	0.08%
	WTW	B	0.06%	0.08%	0.06%
	WY	C	0.05%	0.05%	0.05%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	A	0.07%	0.07%	0.07%
	XOM	D	1.04%	1.42%	1.04%
	XYL	D	0.07%	0.03%	0.03%
	YUM	D	0.08%	0.04%	0.04%
	ZBH	F	0.04%	0.03%	0.03%
	ZBRA	B	0.04%	0.19%	0.04%
	ZTS	B	0.18%	0.18%	0.18%

PBUS Overweight 243 Positions Relative to ACVF

	Symbol	Grade	Weight
	AAPL	D	6.7%
	AMZN	C	3.51%
	META	A	2.31%
	GOOGL	D	1.82%
	GOOG	D	1.58%
	JPM	D	1.23%
	UNH	C	1.15%
	V	B	0.94%
	JNJ	B	0.84%
	WMT	B	0.73%
	NFLX	B	0.61%
	KO	B	0.61%
	BAC	D	0.58%
	CRM	D	0.5%
	IBM	B	0.39%
	VZ	B	0.38%
	PFE	C	0.35%
	DIS	D	0.34%
	CMCSA	D	0.32%
	T	B	0.32%
	GS	D	0.31%
	AXP	B	0.3%
	PGR	A	0.3%
	LOW	B	0.29%
	BLK	A	0.27%
	SBUX	C	0.22%
	NKE	D	0.2%
	MELI	B	0.19%
	CMG	C	0.16%
	PLTR	B	0.15%
	TGT	C	0.14%
	PYPL	B	0.14%
	MRVL	C	0.13%
	GM	B	0.11%
	PSX	D	0.11%
	URI	B	0.1%
	WCN	D	0.1%
	LNG	D	0.09%
	MPWR	C	0.09%
	ACGL	B	0.09%
	APO	C	0.09%
	KVUE	B	0.09%
	TTD	B	0.09%
	VLO	D	0.09%
	HWM	B	0.08%
	FLUT	B	0.08%
	PCG	C	0.08%
	KDP	A	0.08%
	MLM	D	0.07%
	ALNY	B	0.07%
	CSGP	D	0.07%
	SNOW	F	0.07%
	IRM	B	0.07%
	SQ	D	0.07%
	VICI	C	0.07%
	VST	C	0.06%
	VRT	C	0.06%
	MTB	B	0.06%
	LULU	D	0.06%
	NVR	B	0.06%
	ON	D	0.06%
	DELL	D	0.06%
	COIN	F	0.06%
	DDOG	D	0.06%
	TRGP	B	0.06%
	FANG	D	0.06%
	NDAQ	B	0.06%
	SMCI	F	0.05%
	INVH	C	0.05%
	K	A	0.05%
	WST	D	0.05%
	NET	F	0.05%
	DECK	C	0.05%
	NTAP	D	0.05%
	PPL	C	0.05%
	HUBS	D	0.05%
	STE	C	0.05%
	DOV	B	0.05%
	BRO	C	0.05%
	DVN	F	0.05%
	ETR	A	0.05%
	AXON	B	0.05%
	TEAM	F	0.05%
	ARES	B	0.05%
	MRNA	F	0.05%
	WSM	C	0.04%
	DGX	B	0.04%
	CTRA	F	0.04%
	BURL	B	0.04%
	MAS	B	0.04%
	EME	B	0.04%
	AVY	D	0.04%
	SUI	B	0.04%
	APP	B	0.04%
	AVTR	B	0.04%
	EQT	D	0.04%
	LII	B	0.04%
	TSN	C	0.04%
	WRB	C	0.04%
	FCNCA	D	0.04%
	CSL	C	0.04%
	TRU	B	0.04%
	WAT	C	0.04%
	MOH	C	0.04%
	TER	D	0.04%
	BAH	B	0.04%
	ESS	B	0.04%
	PTC	D	0.04%
	LDOS	C	0.04%
	MKL	C	0.04%
	BAX	C	0.04%
	WDC	D	0.04%
	MSTR	D	0.04%
	TDY	C	0.04%
	ATO	B	0.04%
	HUBB	B	0.04%
	CMS	A	0.04%
	FSLR	C	0.04%
	CPAY	B	0.04%
	GDDY	C	0.04%
	RBLX	B	0.04%
	MDB	D	0.04%
	KMX	D	0.03%
	ALLE	B	0.03%
	DKS	D	0.03%
	JNPR	A	0.03%
	SJM	C	0.03%
	JKHY	B	0.03%
	EQH	C	0.03%
	ACM	B	0.03%
	CPT	B	0.03%
	AMH	C	0.03%
	ERIE	A	0.03%
	TW	A	0.03%
	ELS	C	0.03%
	REG	C	0.03%
	VTRS	C	0.03%
	TRMB	C	0.03%
	OC	C	0.03%
	WPC	B	0.03%
	UHS	B	0.03%
	NDSN	C	0.03%
	BG	D	0.03%
	GGG	C	0.03%
	EVRG	A	0.03%
	GLPI	B	0.03%
	ZS	F	0.03%
	UDR	B	0.03%
	ENPH	C	0.03%
	CF	B	0.03%
	PNR	B	0.03%
	DT	C	0.03%
	PSTG	F	0.03%
	UTHR	C	0.03%
	AKAM	D	0.03%
	HEI	B	0.03%
	ROL	C	0.03%
	SWK	B	0.03%
	SNA	B	0.03%
	IEX	D	0.03%
	NI	B	0.03%
	MRO	D	0.03%
	LNT	A	0.03%
	FNF	A	0.03%
	RPM	B	0.03%
	LPLA	D	0.03%
	CAG	B	0.03%
	PODD	B	0.03%
	RS	D	0.03%
	DOC	C	0.03%
	KIM	B	0.03%
	WSO	C	0.03%
	BMRN	F	0.03%
	SWKS	F	0.03%
	TPL	C	0.03%
	ENTG	D	0.03%
	WBD	D	0.03%
	DKNG	D	0.03%
	SSNC	B	0.03%
	CCL	C	0.03%
	ALGN	D	0.03%
	STLD	D	0.03%
	EG	B	0.03%
	TXT	D	0.03%
	NRG	C	0.03%
	FDS	C	0.03%
	ZM	C	0.03%
	CRBG	D	0.02%
	SEIC	B	0.02%
	DINO	D	0.02%
	BSY	D	0.02%
	CHK	D	0.02%
	ROKU	C	0.02%
	KNX	C	0.02%
	CHRD	F	0.02%
	DVA	B	0.02%
	TTC	D	0.02%
	TOST	B	0.02%
	Z	B	0.02%
	HSIC	C	0.02%
	APA	F	0.02%
	CG	C	0.02%
	ALLY	F	0.02%
	CNH	C	0.02%
	LW	D	0.02%
	SNAP	F	0.02%
	DAY	D	0.02%
	AOS	C	0.02%
	AFG	B	0.02%
	IOT	A	0.02%
	CRL	D	0.02%
	RIVN	F	0.02%
	HRL	C	0.02%
	CPB	B	0.02%
	TWLO	D	0.02%
	AIZ	B	0.02%
	MTCH	C	0.02%
	QRVO	F	0.02%
	TAP	C	0.02%
	WTRG	D	0.02%
	HII	C	0.02%
	HOOD	C	0.02%
	OVV	D	0.02%
	RPRX	C	0.02%
	CTLT	B	0.02%
	EXAS	C	0.02%
	CCK	A	0.02%
	HEI	B	0.02%
	BXP	B	0.02%
	DOCU	C	0.02%
	OKTA	F	0.02%
	TECH	C	0.02%
	TFX	C	0.02%
	EMN	B	0.02%
	NBIX	F	0.02%
	EPAM	D	0.02%
	CELH	F	0.01%
	WLK	D	0.01%
	H	C	0.01%
	UHAL	B	0.01%
	BIO	C	0.01%
	ACI	F	0.01%
	DAL	C	0.01%

PBUS Underweight 24 Positions Relative to ACVF

	Symbol	Grade	Weight
	SPOT	B	-0.38%
	RBA	C	-0.17%
	SKX	C	-0.14%
	RKT	B	-0.13%
	NWS	D	-0.12%
	LAD	C	-0.1%
	KSS	F	-0.07%
	ETSY	F	-0.06%
	UAA	C	-0.05%
	UA	C	-0.05%
	AAL	D	-0.05%
	BWA	D	-0.03%
	UAL	B	-0.03%
	RL	B	-0.02%
	PVH	F	-0.02%
	TPR	C	-0.02%
	FMC	C	-0.01%
	AAP	F	-0.01%
	SLVM	B	-0.01%
	PHIN	B	-0.01%
	HAS	B	-0.01%
	EMBC	C	-0.0%
	FTRE	F	-0.0%
	IVZ	C	-0.0%

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Aerospace Chemical Telecommunications Real Estate Investment Trust Bank Medicine Semiconductor Cloud Computing Banking IBD 50 Insurance Products Mining

ACVF: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Specialty Retail Banks - Regional - US Diagnostics & Research Capital Markets Drug Manufacturers - Major Specialty Chemicals Aerospace & Defense Household & Personal Products Medical Devices Utilities - Diversified Health Care Plans Insurance - Property & Casualty Integrated Shipping & Logistics Packaging & Containers

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