PBUS vs. ACWI ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to iShares MSCI ACWI Index Fund (ACWI)

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

$56.93

Average Daily Volume

147,859

Number of Holdings ^*

580

* may have additional holdings in another (foreign) market

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$119.07

Average Daily Volume

2,325,638

Number of Holdings ^*

597

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	ACWI
30 Days	1.25%	1.79%
60 Days	5.22%	8.12%
90 Days	3.53%	4.44%
12 Months	37.02%	33.60%

581 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in ACWI	Overlap
	A	B	0.09%	0.05%	0.05%
	AAPL	C	6.6%	4.26%	4.26%
	ABBV	A	0.67%	0.44%	0.44%
	ABNB	D	0.11%	0.07%	0.07%
	ABT	B	0.39%	0.25%	0.25%
	ACGL	A	0.08%	0.06%	0.06%
	ACI	F	0.01%	0.01%	0.01%
	ACM	C	0.03%	0.02%	0.02%
	ACN	B	0.44%	0.27%	0.27%
	ADBE	F	0.45%	0.3%	0.3%
	ADI	C	0.23%	0.15%	0.15%
	ADM	D	0.06%	0.04%	0.04%
	ADP	A	0.22%	0.15%	0.15%
	ADSK	B	0.12%	0.07%	0.07%
	AEE	A	0.05%	0.03%	0.03%
	AEP	C	0.11%	0.07%	0.07%
	AES	B	0.03%	0.02%	0.02%
	AFG	C	0.02%	0.01%	0.01%
	AFL	A	0.12%	0.08%	0.08%
	AIG	F	0.1%	0.06%	0.06%
	AIZ	A	0.02%	0.01%	0.01%
	AJG	D	0.12%	0.08%	0.08%
	AKAM	D	0.03%	0.02%	0.02%
	ALB	D	0.02%	0.01%	0.01%
	ALGN	D	0.04%	0.02%	0.02%
	ALL	B	0.1%	0.06%	0.06%
	ALLE	A	0.03%	0.02%	0.02%
	ALLY	F	0.02%	0.01%	0.01%
	ALNY	C	0.07%	0.04%	0.04%
	AMAT	B	0.35%	0.21%	0.21%
	AMCR	B	0.03%	0.02%	0.02%
	AMD	D	0.54%	0.33%	0.33%
	AME	D	0.08%	0.05%	0.05%
	AMGN	D	0.34%	0.23%	0.23%
	AMH	D	0.02%	0.02%	0.02%
	AMP	A	0.09%	0.06%	0.06%
	AMT	C	0.22%	0.14%	0.14%
	AMZN	C	3.56%	2.34%	2.34%
	ANET	A	0.2%	0.13%	0.13%
	ANSS	D	0.06%	0.04%	0.04%
	AON	A	0.14%	0.09%	0.09%
	AOS	B	0.02%	0.01%	0.01%
	APA	F	0.02%	0.01%	0.01%
	APD	C	0.13%	0.08%	0.08%
	APH	D	0.16%	0.1%	0.1%
	APO	A	0.1%	0.06%	0.06%
	APP	A	0.05%	0.03%	0.03%
	APTV	D	0.04%	0.03%	0.03%
	ARE	D	0.04%	0.03%	0.03%
	ARES	A	0.06%	0.04%	0.04%
	ATO	A	0.04%	0.03%	0.03%
	AVB	C	0.06%	0.04%	0.04%
	AVGO	C	1.57%	0.99%	0.99%
	AVTR	D	0.03%	0.02%	0.02%
	AVY	C	0.04%	0.02%	0.02%
	AWK	B	0.06%	0.04%	0.04%
	AXON	A	0.06%	0.04%	0.04%
	AXP	A	0.31%	0.2%	0.2%
	AZO	D	0.11%	0.07%	0.07%
	BA	F	0.18%	0.12%	0.12%
	BAC	D	0.55%	0.36%	0.36%
	BAH	A	0.04%	0.03%	0.03%
	BALL	C	0.04%	0.03%	0.03%
	BAX	D	0.04%	0.02%	0.02%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	B	0.04%	0.03%	0.03%
	BDX	B	0.14%	0.09%	0.09%
	BEN	F	0.01%	0.01%	0.01%
	BG	F	0.03%	0.02%	0.02%
	BIIB	F	0.06%	0.04%	0.04%
	BIO	B	0.01%	0.01%	0.01%
	BK	C	0.11%	0.07%	0.07%
	BKNG	C	0.29%	0.18%	0.18%
	BKR	B	0.07%	0.05%	0.05%
	BLDR	B	0.05%	0.03%	0.03%
	BLK	A	0.28%	0.18%	0.18%
	BMRN	F	0.03%	0.02%	0.02%
	BMY	B	0.2%	0.13%	0.13%
	BR	B	0.05%	0.03%	0.03%
	BRK.A	C	1.2%	0.77%	0.77%
	BRO	A	0.05%	0.03%	0.03%
	BSX	A	0.24%	0.16%	0.16%
	BSY	D	0.02%	0.01%	0.01%
	BURL	D	0.04%	0.02%	0.02%
	BX	C	0.22%	0.14%	0.14%
	BXP	C	0.02%	0.02%	0.02%
	C	B	0.23%	0.15%	0.15%
	CAG	D	0.03%	0.02%	0.02%
	CAH	B	0.05%	0.04%	0.04%
	CARR	A	0.13%	0.08%	0.08%
	CAT	A	0.38%	0.24%	0.24%
	CB	A	0.22%	0.14%	0.14%
	CBOE	A	0.04%	0.03%	0.03%
	CBRE	A	0.08%	0.05%	0.05%
	CCI	C	0.1%	0.07%	0.07%
	CCK	C	0.02%	0.01%	0.01%
	CCL	C	0.04%	0.02%	0.02%
	CDNS	D	0.15%	0.1%	0.1%
	CDW	D	0.06%	0.04%	0.04%
	CE	D	0.03%	0.02%	0.02%
	CEG	B	0.16%	0.1%	0.1%
	CELH	F	0.01%	0.01%	0.01%
	CF	A	0.03%	0.02%	0.02%
	CFG	D	0.04%	0.02%	0.02%
	CG	C	0.02%	0.01%	0.01%
	CHD	C	0.05%	0.03%	0.03%
	CHK	D	0.02%	0.01%	0.01%
	CHRD	F	0.02%	0.01%	0.01%
	CHRW	A	0.02%	0.02%	0.02%
	CHTR	D	0.06%	0.04%	0.04%
	CI	D	0.2%	0.13%	0.13%
	CINF	A	0.04%	0.03%	0.03%
	CL	D	0.16%	0.1%	0.1%
	CLX	B	0.04%	0.03%	0.03%
	CMCSA	B	0.32%	0.21%	0.21%
	CME	A	0.16%	0.1%	0.1%
	CMG	C	0.16%	0.1%	0.1%
	CMI	B	0.09%	0.06%	0.06%
	CMS	A	0.04%	0.03%	0.03%
	CNC	F	0.08%	0.05%	0.05%
	CNH	B	0.02%	0.01%	0.01%
	CNP	B	0.04%	0.03%	0.03%
	COF	C	0.11%	0.07%	0.07%
	COIN	F	0.07%	0.04%	0.04%
	COP	D	0.24%	0.16%	0.16%
	COST	C	0.8%	0.52%	0.52%
	CPAY	A	0.04%	0.03%	0.03%
	CPB	D	0.02%	0.01%	0.01%
	CPRT	B	0.09%	0.06%	0.06%
	CPT	C	0.03%	0.02%	0.02%
	CRL	F	0.02%	0.01%	0.01%
	CRM	B	0.53%	0.34%	0.34%
	CRWD	D	0.13%	0.09%	0.09%
	CSCO	A	0.42%	0.27%	0.27%
	CSGP	F	0.06%	0.04%	0.04%
	CSL	A	0.04%	0.03%	0.03%
	CSX	D	0.13%	0.09%	0.09%
	CTAS	B	0.15%	0.1%	0.1%
	CTLT	A	0.02%	0.01%	0.01%
	CTRA	D	0.03%	0.02%	0.02%
	CTSH	B	0.08%	0.05%	0.05%
	CTVA	A	0.08%	0.05%	0.05%
	CVS	D	0.15%	0.09%	0.09%
	CVX	B	0.49%	0.33%	0.33%
	D	A	0.09%	0.06%	0.06%
	DAL	C	0.02%	0.01%	0.01%
	DASH	A	0.09%	0.06%	0.06%
	DAY	B	0.02%	0.01%	0.01%
	DD	B	0.07%	0.05%	0.05%
	DDOG	D	0.06%	0.04%	0.04%
	DE	A	0.21%	0.14%	0.14%
	DECK	B	0.05%	0.03%	0.03%
	DELL	C	0.07%	0.04%	0.04%
	DFS	C	0.07%	0.04%	0.04%
	DG	F	0.04%	0.02%	0.02%
	DGX	B	0.03%	0.02%	0.02%
	DHI	C	0.11%	0.07%	0.07%
	DHR	C	0.37%	0.24%	0.24%
	DINO	F	0.01%	0.01%	0.01%
	DIS	D	0.35%	0.22%	0.22%
	DKNG	D	0.04%	0.02%	0.02%
	DKS	D	0.03%	0.02%	0.02%
	DLR	C	0.1%	0.07%	0.07%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	C	0.03%	0.02%	0.02%
	DOCU	B	0.03%	0.02%	0.02%
	DOV	C	0.05%	0.04%	0.04%
	DOW	B	0.08%	0.05%	0.05%
	DPZ	D	0.03%	0.02%	0.02%
	DRI	C	0.04%	0.03%	0.03%
	DT	C	0.03%	0.02%	0.02%
	DTE	A	0.05%	0.03%	0.03%
	DUK	A	0.18%	0.11%	0.11%
	DVA	C	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	F	0.05%	0.04%	0.04%
	EA	D	0.07%	0.05%	0.05%
	EBAY	A	0.06%	0.04%	0.04%
	ECL	B	0.13%	0.08%	0.08%
	ED	A	0.07%	0.04%	0.04%
	EFX	C	0.07%	0.05%	0.05%
	EG	B	0.03%	0.02%	0.02%
	EIX	A	0.07%	0.04%	0.04%
	EL	D	0.05%	0.03%	0.03%
	ELS	D	0.02%	0.02%	0.02%
	ELV	F	0.24%	0.16%	0.16%
	EME	C	0.04%	0.03%	0.03%
	EMN	C	0.03%	0.02%	0.02%
	EMR	B	0.12%	0.08%	0.08%
	ENPH	D	0.03%	0.02%	0.02%
	ENTG	D	0.03%	0.02%	0.02%
	EOG	B	0.14%	0.1%	0.1%
	EPAM	F	0.02%	0.02%	0.02%
	EQH	C	0.03%	0.02%	0.02%
	EQIX	B	0.17%	0.11%	0.11%
	EQR	C	0.05%	0.03%	0.03%
	EQT	B	0.04%	0.03%	0.03%
	ERIE	A	0.03%	0.02%	0.02%
	ES	C	0.05%	0.03%	0.03%
	ESS	C	0.04%	0.02%	0.02%
	ETN	C	0.27%	0.17%	0.17%
	ETR	A	0.05%	0.03%	0.03%
	EVRG	C	0.03%	0.02%	0.02%
	EW	F	0.08%	0.05%	0.05%
	EXAS	C	0.02%	0.01%	0.01%
	EXC	A	0.08%	0.05%	0.05%
	EXPD	C	0.04%	0.02%	0.02%
	EXPE	B	0.04%	0.02%	0.02%
	EXR	C	0.07%	0.05%	0.05%
	F	D	0.08%	0.05%	0.05%
	FANG	D	0.06%	0.05%	0.05%
	FAST	B	0.08%	0.05%	0.05%
	FCNCA	D	0.04%	0.02%	0.02%
	FCX	B	0.15%	0.09%	0.09%
	FDS	C	0.03%	0.02%	0.02%
	FDX	D	0.12%	0.08%	0.08%
	FE	B	0.05%	0.03%	0.03%
	FFIV	B	0.03%	0.02%	0.02%
	FICO	A	0.09%	0.06%	0.06%
	FIS	C	0.09%	0.06%	0.06%
	FITB	C	0.06%	0.04%	0.04%
	FLUT	C	0.09%	0.05%	0.05%
	FNF	A	0.03%	0.02%	0.02%
	FOX	A	0.01%	0.01%	0.01%
	FOXA	A	0.02%	0.01%	0.01%
	FSLR	C	0.05%	0.03%	0.03%
	FTNT	A	0.1%	0.06%	0.06%
	FTV	B	0.05%	0.03%	0.03%
	GD	A	0.14%	0.09%	0.09%
	GDDY	D	0.04%	0.03%	0.03%
	GE	C	0.4%	0.27%	0.27%
	GEHC	C	0.08%	0.05%	0.05%
	GEV	B	0.14%	0.09%	0.09%
	GGG	B	0.03%	0.02%	0.02%
	GILD	A	0.21%	0.14%	0.14%
	GIS	C	0.08%	0.05%	0.05%
	GLPI	A	0.03%	0.02%	0.02%
	GLW	B	0.07%	0.05%	0.05%
	GM	D	0.1%	0.07%	0.07%
	GOOG	B	1.65%	1.06%	1.06%
	GOOGL	B	1.9%	1.22%	1.22%
	GPC	D	0.04%	0.03%	0.03%
	GPN	F	0.05%	0.03%	0.03%
	GRMN	D	0.05%	0.04%	0.04%
	GS	C	0.32%	0.21%	0.21%
	GWW	A	0.09%	0.06%	0.06%
	H	C	0.01%	0.01%	0.01%
	HAL	F	0.05%	0.03%	0.03%
	HBAN	D	0.04%	0.03%	0.03%
	HCA	B	0.16%	0.1%	0.1%
	HD	A	0.78%	0.51%	0.51%
	HEI	A	0.02%	0.02%	0.02%
	HEI	A	0.03%	0.02%	0.02%
	HEI	A	0.02%	0.02%	0.02%
	HEI	A	0.03%	0.02%	0.02%
	HES	D	0.07%	0.05%	0.05%
	HIG	A	0.07%	0.05%	0.05%
	HII	F	0.02%	0.01%	0.01%
	HLT	A	0.12%	0.08%	0.08%
	HOLX	D	0.04%	0.03%	0.03%
	HON	C	0.27%	0.17%	0.17%
	HOOD	C	0.02%	0.02%	0.02%
	HPE	B	0.05%	0.03%	0.03%
	HPQ	C	0.07%	0.04%	0.04%
	HRL	F	0.02%	0.01%	0.01%
	HSIC	D	0.02%	0.01%	0.01%
	HST	D	0.03%	0.02%	0.02%
	HSY	D	0.06%	0.04%	0.04%
	HUBB	A	0.05%	0.03%	0.03%
	HUBS	D	0.05%	0.03%	0.03%
	HUM	F	0.08%	0.05%	0.05%
	HWM	A	0.08%	0.05%	0.05%
	IBM	B	0.41%	0.26%	0.26%
	ICE	A	0.18%	0.12%	0.12%
	IDXX	D	0.08%	0.05%	0.05%
	IEX	D	0.03%	0.02%	0.02%
	IFF	C	0.05%	0.03%	0.03%
	ILMN	B	0.04%	0.03%	0.03%
	INCY	B	0.02%	0.01%	0.01%
	INTC	D	0.2%	0.12%	0.12%
	INTU	F	0.35%	0.23%	0.23%
	INVH	D	0.04%	0.03%	0.03%
	IOT	C	0.02%	0.01%	0.01%
	IP	C	0.03%	0.02%	0.02%
	IPG	C	0.02%	0.02%	0.02%
	IQV	F	0.09%	0.06%	0.06%
	IR	A	0.08%	0.05%	0.05%
	IRM	A	0.07%	0.05%	0.05%
	ISRG	A	0.34%	0.22%	0.22%
	IT	C	0.08%	0.05%	0.05%
	ITW	A	0.16%	0.1%	0.1%
	J	D	0.04%	0.02%	0.02%
	JBHT	D	0.03%	0.02%	0.02%
	JBL	D	0.03%	0.02%	0.02%
	JCI	B	0.1%	0.07%	0.07%
	JKHY	A	0.03%	0.02%	0.02%
	JNJ	D	0.77%	0.5%	0.5%
	JNPR	B	0.03%	0.02%	0.02%
	JPM	D	1.2%	0.78%	0.78%
	K	B	0.04%	0.03%	0.03%
	KDP	C	0.08%	0.05%	0.05%
	KEY	C	0.03%	0.02%	0.02%
	KEYS	B	0.06%	0.03%	0.03%
	KHC	D	0.06%	0.04%	0.04%
	KIM	C	0.03%	0.02%	0.02%
	KKR	A	0.16%	0.11%	0.11%
	KLAC	B	0.22%	0.13%	0.13%
	KMB	B	0.1%	0.06%	0.06%
	KMI	A	0.09%	0.06%	0.06%
	KMX	F	0.02%	0.02%	0.02%
	KNX	D	0.02%	0.01%	0.01%
	KO	C	0.58%	0.37%	0.37%
	KR	C	0.08%	0.05%	0.05%
	KVUE	C	0.09%	0.06%	0.06%
	L	D	0.03%	0.02%	0.02%
	LDOS	A	0.04%	0.03%	0.03%
	LEN	B	0.09%	0.06%	0.06%
	LHX	A	0.09%	0.06%	0.06%
	LII	C	0.04%	0.03%	0.03%
	LIN	B	0.46%	0.3%	0.3%
	LKQ	F	0.02%	0.01%	0.01%
	LLY	D	1.46%	0.96%	0.96%
	LMT	A	0.25%	0.16%	0.16%
	LNG	A	0.08%	0.05%	0.05%
	LNT	A	0.03%	0.02%	0.02%
	LOW	A	0.3%	0.19%	0.19%
	LPLA	D	0.03%	0.02%	0.02%
	LRCX	D	0.22%	0.13%	0.13%
	LULU	D	0.06%	0.04%	0.04%
	LUV	B	0.01%	0.01%	0.01%
	LVS	B	0.04%	0.02%	0.02%
	LW	D	0.02%	0.01%	0.01%
	LYB	D	0.05%	0.03%	0.03%
	LYV	A	0.03%	0.02%	0.02%
	MA	A	0.81%	0.52%	0.52%
	MAA	C	0.04%	0.02%	0.02%
	MANH	C	0.03%	0.02%	0.02%
	MAR	B	0.12%	0.08%	0.08%
	MAS	A	0.04%	0.02%	0.02%
	MCD	A	0.44%	0.28%	0.28%
	MCHP	F	0.09%	0.05%	0.05%
	MCK	F	0.12%	0.08%	0.08%
	MCO	D	0.16%	0.1%	0.1%
	MDB	F	0.04%	0.03%	0.03%
	MDLZ	C	0.2%	0.13%	0.13%
	MDT	B	0.23%	0.15%	0.15%
	MELI	C	0.19%	0.12%	0.12%
	MET	A	0.1%	0.06%	0.06%
	META	A	2.48%	1.59%	1.59%
	MGM	D	0.02%	0.01%	0.01%
	MKC	C	0.04%	0.03%	0.03%
	MKL	C	0.04%	0.03%	0.03%
	MKTX	C	0.02%	0.01%	0.01%
	MLM	D	0.07%	0.04%	0.04%
	MMC	D	0.22%	0.14%	0.14%
	MMM	C	0.15%	0.1%	0.1%
	MNST	D	0.08%	0.05%	0.05%
	MO	D	0.17%	0.11%	0.11%
	MOH	D	0.04%	0.03%	0.03%
	MOS	D	0.02%	0.01%	0.01%
	MPC	F	0.11%	0.08%	0.08%
	MPWR	B	0.09%	0.06%	0.06%
	MRK	F	0.57%	0.37%	0.37%
	MRNA	F	0.04%	0.03%	0.03%
	MRO	D	0.03%	0.02%	0.02%
	MRVL	C	0.13%	0.08%	0.08%
	MS	B	0.25%	0.16%	0.16%
	MSCI	B	0.09%	0.06%	0.06%
	MSFT	D	6.06%	3.89%	3.89%
	MSI	A	0.15%	0.1%	0.1%
	MSTR	B	0.05%	0.03%	0.03%
	MTB	C	0.06%	0.04%	0.04%
	MTCH	B	0.02%	0.01%	0.01%
	MTD	B	0.06%	0.04%	0.04%
	MU	D	0.24%	0.13%	0.13%
	NBIX	F	0.02%	0.01%	0.01%
	NDAQ	C	0.06%	0.04%	0.04%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	A	0.34%	0.22%	0.22%
	NEM	C	0.13%	0.08%	0.08%
	NET	D	0.05%	0.03%	0.03%
	NFLX	A	0.61%	0.4%	0.4%
	NI	A	0.03%	0.02%	0.02%
	NKE	D	0.22%	0.14%	0.14%
	NOC	B	0.15%	0.1%	0.1%
	NOW	C	0.36%	0.25%	0.25%
	NRG	A	0.04%	0.03%	0.03%
	NSC	C	0.11%	0.07%	0.07%
	NTAP	D	0.05%	0.03%	0.03%
	NTRS	C	0.04%	0.02%	0.02%
	NUE	D	0.07%	0.05%	0.05%
	NVDA	C	6.07%	3.82%	3.82%
	NVR	A	0.06%	0.04%	0.04%
	NWSA	D	0.02%	0.01%	0.01%
	NXPI	F	0.12%	0.08%	0.08%
	O	A	0.11%	0.07%	0.07%
	OC	C	0.03%	0.02%	0.02%
	ODFL	D	0.08%	0.05%	0.05%
	OKE	B	0.1%	0.07%	0.07%
	OKTA	F	0.02%	0.02%	0.02%
	OMC	C	0.04%	0.03%	0.03%
	ON	F	0.06%	0.04%	0.04%
	ORCL	B	0.55%	0.35%	0.35%
	ORLY	A	0.14%	0.09%	0.09%
	OTIS	A	0.08%	0.05%	0.05%
	OVV	F	0.02%	0.01%	0.01%
	OXY	F	0.07%	0.04%	0.04%
	PANW	D	0.22%	0.14%	0.14%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.01%	0.01%
	PAYX	A	0.09%	0.05%	0.05%
	PCAR	D	0.1%	0.07%	0.07%
	PCG	B	0.08%	0.05%	0.05%
	PEG	A	0.09%	0.05%	0.05%
	PEP	D	0.46%	0.3%	0.3%
	PFE	D	0.33%	0.22%	0.22%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.81%	0.53%	0.53%
	PGR	C	0.29%	0.19%	0.19%
	PH	A	0.16%	0.1%	0.1%
	PHM	A	0.06%	0.04%	0.04%
	PINS	D	0.04%	0.02%	0.02%
	PKG	C	0.04%	0.02%	0.02%
	PLD	D	0.23%	0.15%	0.15%
	PLTR	A	0.15%	0.1%	0.1%
	PM	C	0.37%	0.24%	0.24%
	PNC	C	0.15%	0.09%	0.09%
	PNR	C	0.03%	0.02%	0.02%
	PODD	C	0.03%	0.02%	0.02%
	POOL	B	0.03%	0.02%	0.02%
	PPG	D	0.06%	0.04%	0.04%
	PPL	A	0.05%	0.03%	0.03%
	PRU	C	0.09%	0.06%	0.06%
	PSA	C	0.11%	0.07%	0.07%
	PSTG	F	0.03%	0.02%	0.02%
	PSX	D	0.11%	0.07%	0.07%
	PTC	D	0.04%	0.03%	0.03%
	PWR	B	0.09%	0.06%	0.06%
	PYPL	C	0.16%	0.1%	0.1%
	QCOM	D	0.38%	0.24%	0.24%
	QRVO	F	0.02%	0.01%	0.01%
	RBLX	C	0.04%	0.03%	0.03%
	RCL	C	0.09%	0.06%	0.06%
	REG	C	0.02%	0.02%	0.02%
	REGN	D	0.22%	0.15%	0.15%
	RF	C	0.04%	0.03%	0.03%
	RIVN	F	0.02%	0.01%	0.01%
	RJF	B	0.05%	0.03%	0.03%
	RMD	C	0.07%	0.05%	0.05%
	ROK	D	0.06%	0.04%	0.04%
	ROKU	C	0.02%	0.01%	0.01%
	ROL	B	0.03%	0.02%	0.02%
	ROP	C	0.12%	0.08%	0.08%
	ROST	C	0.1%	0.07%	0.07%
	RPM	A	0.03%	0.02%	0.02%
	RPRX	B	0.02%	0.01%	0.01%
	RS	D	0.03%	0.02%	0.02%
	RSG	D	0.09%	0.06%	0.06%
	RTX	A	0.32%	0.21%	0.21%
	SBAC	B	0.05%	0.03%	0.03%
	SBUX	B	0.22%	0.14%	0.14%
	SCHW	D	0.19%	0.12%	0.12%
	SEIC	B	0.02%	0.01%	0.01%
	SHW	B	0.18%	0.12%	0.12%
	SJM	C	0.03%	0.02%	0.02%
	SLB	D	0.12%	0.08%	0.08%
	SMCI	F	0.04%	0.03%	0.03%
	SNA	A	0.03%	0.02%	0.02%
	SNAP	D	0.02%	0.01%	0.01%
	SNOW	F	0.07%	0.04%	0.04%
	SNPS	F	0.16%	0.1%	0.1%
	SO	A	0.19%	0.12%	0.12%
	SOLV	C	0.02%	0.01%	0.01%
	SPG	A	0.11%	0.07%	0.07%
	SPGI	C	0.33%	0.21%	0.21%
	SQ	D	0.07%	0.05%	0.05%
	SRE	A	0.1%	0.07%	0.07%
	SSNC	C	0.03%	0.02%	0.02%
	STE	D	0.05%	0.03%	0.03%
	STLD	B	0.04%	0.02%	0.02%
	STT	C	0.05%	0.04%	0.04%
	STX	B	0.04%	0.03%	0.03%
	STZ	B	0.08%	0.05%	0.05%
	SUI	D	0.03%	0.02%	0.02%
	SW	C	0.05%	0.03%	0.03%
	SWK	A	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.04%	0.03%	0.03%
	SYK	C	0.25%	0.16%	0.16%
	SYY	B	0.08%	0.05%	0.05%
	T	A	0.31%	0.2%	0.2%
	TAP	D	0.02%	0.01%	0.01%
	TDG	A	0.16%	0.1%	0.1%
	TDY	A	0.04%	0.03%	0.03%
	TEAM	D	0.05%	0.03%	0.03%
	TECH	C	0.02%	0.02%	0.02%
	TEL	D	0.09%	0.06%	0.06%
	TER	C	0.04%	0.03%	0.03%
	TFC	D	0.11%	0.07%	0.07%
	TFX	C	0.02%	0.02%	0.02%
	TGT	C	0.14%	0.09%	0.09%
	TJX	C	0.27%	0.17%	0.17%
	TMO	C	0.47%	0.3%	0.3%
	TMUS	A	0.21%	0.14%	0.14%
	TOST	C	0.02%	0.01%	0.01%
	TPL	B	0.03%	0.02%	0.02%
	TRGP	B	0.06%	0.04%	0.04%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	D	0.05%	0.03%	0.03%
	TRU	A	0.04%	0.03%	0.03%
	TRV	C	0.11%	0.07%	0.07%
	TSCO	A	0.06%	0.04%	0.04%
	TSLA	C	1.45%	0.94%	0.94%
	TSN	D	0.03%	0.02%	0.02%
	TT	A	0.17%	0.11%	0.11%
	TTC	D	0.02%	0.01%	0.01%
	TTD	C	0.1%	0.06%	0.06%
	TTWO	F	0.05%	0.03%	0.03%
	TW	A	0.03%	0.02%	0.02%
	TWLO	B	0.02%	0.01%	0.01%
	TXN	C	0.38%	0.24%	0.24%
	TXT	F	0.03%	0.02%	0.02%
	TYL	B	0.05%	0.03%	0.03%
	UBER	C	0.29%	0.19%	0.19%
	UDR	C	0.03%	0.02%	0.02%
	UHAL	A	0.01%	0.01%	0.01%
	UHS	D	0.03%	0.02%	0.02%
	ULTA	D	0.04%	0.02%	0.02%
	UNH	B	1.05%	0.68%	0.68%
	UNP	D	0.3%	0.2%	0.2%
	UPS	D	0.19%	0.12%	0.12%
	URI	C	0.11%	0.07%	0.07%
	USB	C	0.14%	0.09%	0.09%
	UTHR	C	0.03%	0.02%	0.02%
	V	C	0.85%	0.55%	0.55%
	VEEV	C	0.06%	0.04%	0.04%
	VICI	C	0.07%	0.04%	0.04%
	VLO	F	0.09%	0.06%	0.06%
	VLTO	A	0.05%	0.03%	0.03%
	VMC	D	0.07%	0.04%	0.04%
	VRSK	D	0.08%	0.05%	0.05%
	VRSN	B	0.03%	0.02%	0.02%
	VRT	B	0.07%	0.04%	0.04%
	VRTX	D	0.24%	0.15%	0.15%
	VST	A	0.08%	0.05%	0.05%
	VTR	C	0.05%	0.03%	0.03%
	VTRS	D	0.03%	0.02%	0.02%
	VZ	A	0.37%	0.24%	0.24%
	WAB	A	0.06%	0.04%	0.04%
	WAT	B	0.04%	0.03%	0.03%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.04%	0.02%	0.02%
	WCN	D	0.09%	0.06%	0.06%
	WDAY	D	0.1%	0.07%	0.07%
	WDC	C	0.05%	0.03%	0.03%
	WEC	A	0.06%	0.04%	0.04%
	WELL	C	0.15%	0.1%	0.1%
	WFC	D	0.39%	0.24%	0.24%
	WLK	C	0.01%	0.01%	0.01%
	WM	B	0.16%	0.11%	0.11%
	WMB	A	0.11%	0.07%	0.07%
	WMT	A	0.7%	0.46%	0.46%
	WPC	C	0.03%	0.02%	0.02%
	WRB	B	0.03%	0.02%	0.02%
	WSM	B	0.04%	0.03%	0.03%
	WSO	C	0.03%	0.02%	0.02%
	WST	D	0.04%	0.03%	0.03%
	WTRG	D	0.02%	0.01%	0.01%
	WTW	B	0.06%	0.04%	0.04%
	WY	B	0.05%	0.03%	0.03%
	WYNN	B	0.02%	0.01%	0.01%
	XEL	A	0.07%	0.05%	0.05%
	XOM	A	1.01%	0.67%	0.67%
	XYL	C	0.06%	0.04%	0.04%
	YUM	A	0.08%	0.05%	0.05%
	Z	C	0.02%	0.01%	0.01%
	ZBH	F	0.04%	0.03%	0.03%
	ZBRA	A	0.04%	0.02%	0.02%
	ZM	C	0.03%	0.02%	0.02%
	ZS	F	0.03%	0.02%	0.02%
	ZTS	C	0.18%	0.11%	0.11%

PBUS Overweight 1 Positions Relative to ACWI

	Symbol	Grade	Weight
	CRBG	C	0.02%

PBUS Underweight 18 Positions Relative to ACWI

	Symbol	Grade	Weight
	FI	A	-0.14%
	HDB	C	-0.12%
	IBN	C	-0.11%
	CRH	C	-0.08%
	COR	F	-0.05%
	FERG	F	-0.05%
	UMC	D	-0.03%
	COO	C	-0.03%
	CHT	C	-0.02%
	FWONK	D	-0.02%
	GEN	B	-0.02%
	RVTY	B	-0.02%
	LH	D	-0.02%
	AZPN	C	-0.01%
	WIT	C	-0.01%
	NLY	C	-0.01%
	FBIN	C	-0.01%
	SAR	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

ACWI: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management 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 Medical Instruments & Supplies Packaged Foods

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