PBUS vs. AVLC ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to Avantis U.S. Large Cap Equity ETF (AVLC)

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

$59.97

Average Daily Volume

175,564

Number of Holdings ^*

583

* may have additional holdings in another (foreign) market

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$69.27

Average Daily Volume

18,758

Number of Holdings ^*

975

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	AVLC
30 Days	2.50%	2.83%
60 Days	7.04%	7.80%
90 Days	10.74%	9.13%
12 Months	35.46%	34.06%

551 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in AVLC	Overlap
	A	F	0.08%	0.06%	0.06%
	AAPL	C	6.44%	5.32%	5.32%
	ABBV	D	0.7%	0.45%	0.45%
	ABNB	C	0.12%	0.08%	0.08%
	ABT	C	0.41%	0.2%	0.2%
	ACGL	D	0.07%	0.14%	0.07%
	ACM	B	0.03%	0.02%	0.02%
	ACN	C	0.43%	0.31%	0.31%
	ADBE	C	0.43%	0.31%	0.31%
	ADI	F	0.21%	0.16%	0.16%
	ADM	F	0.05%	0.11%	0.05%
	ADP	A	0.24%	0.36%	0.24%
	ADSK	A	0.12%	0.09%	0.09%
	AEE	A	0.05%	0.08%	0.05%
	AEP	D	0.11%	0.14%	0.11%
	AES	F	0.02%	0.06%	0.02%
	AFG	A	0.02%	0.06%	0.02%
	AFL	C	0.11%	0.19%	0.11%
	AIG	B	0.1%	0.21%	0.1%
	AIZ	A	0.02%	0.05%	0.02%
	AJG	A	0.12%	0.05%	0.05%
	AKAM	F	0.03%	0.04%	0.03%
	ALB	B	0.02%	0.01%	0.01%
	ALGN	F	0.03%	0.04%	0.03%
	ALL	A	0.1%	0.19%	0.1%
	ALLE	D	0.03%	0.02%	0.02%
	ALLY	C	0.02%	0.06%	0.02%
	ALNY	D	0.07%	0.04%	0.04%
	AMAT	F	0.31%	0.38%	0.31%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.45%	0.34%	0.34%
	AME	A	0.08%	0.05%	0.05%
	AMGN	F	0.34%	0.21%	0.21%
	AMP	A	0.1%	0.26%	0.1%
	AMZN	A	3.7%	2.98%	2.98%
	ANET	C	0.21%	0.17%	0.17%
	ANSS	B	0.05%	0.04%	0.04%
	AON	A	0.14%	0.09%	0.09%
	AOS	F	0.02%	0.04%	0.02%
	APA	F	0.02%	0.03%	0.02%
	APD	B	0.13%	0.22%	0.13%
	APH	B	0.17%	0.13%	0.13%
	APO	B	0.12%	0.16%	0.12%
	APP	B	0.07%	0.14%	0.07%
	APTV	D	0.03%	0.04%	0.03%
	ARES	B	0.06%	0.02%	0.02%
	ATO	A	0.04%	0.05%	0.04%
	AVGO	C	1.52%	1.18%	1.18%
	AVTR	F	0.03%	0.01%	0.01%
	AVY	F	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.03%	0.03%
	AXON	B	0.06%	0.04%	0.04%
	AXP	B	0.31%	0.4%	0.31%
	AZO	C	0.1%	0.05%	0.05%
	BA	F	0.22%	0.06%	0.06%
	BAC	A	0.58%	0.41%	0.41%
	BAH	C	0.05%	0.03%	0.03%
	BALL	D	0.04%	0.06%	0.04%
	BAX	F	0.04%	0.02%	0.02%
	BBWI	C	0.01%	0.01%	0.01%
	BBY	D	0.04%	0.12%	0.04%
	BDX	D	0.14%	0.05%	0.05%
	BEN	C	0.01%	0.01%	0.01%
	BG	D	0.02%	0.08%	0.02%
	BIIB	F	0.05%	0.03%	0.03%
	BIO	C	0.02%	0.01%	0.01%
	BK	B	0.11%	0.18%	0.11%
	BKNG	A	0.33%	0.13%	0.13%
	BKR	B	0.08%	0.18%	0.08%
	BLDR	D	0.04%	0.07%	0.04%
	BMRN	F	0.02%	0.03%	0.02%
	BMY	B	0.22%	0.17%	0.17%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.17%	0.66%	0.66%
	BRO	A	0.05%	0.02%	0.02%
	BSX	A	0.25%	0.12%	0.12%
	BSY	F	0.02%	0.01%	0.01%
	BURL	C	0.03%	0.11%	0.03%
	BX	A	0.24%	0.1%	0.1%
	C	A	0.24%	0.22%	0.22%
	CAG	F	0.03%	0.01%	0.01%
	CAH	A	0.05%	0.03%	0.03%
	CARR	C	0.12%	0.06%	0.06%
	CAT	C	0.37%	0.55%	0.37%
	CB	C	0.21%	0.22%	0.21%
	CBOE	D	0.04%	0.03%	0.03%
	CBRE	A	0.08%	0.06%	0.06%
	CCK	D	0.02%	0.02%	0.02%
	CCL	A	0.04%	0.12%	0.04%
	CDNS	B	0.16%	0.12%	0.12%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.15%	0.12%	0.12%
	CELH	F	0.01%	0.02%	0.01%
	CF	B	0.03%	0.09%	0.03%
	CFG	B	0.04%	0.08%	0.04%
	CG	C	0.02%	0.02%	0.02%
	CHD	B	0.05%	0.05%	0.05%
	CHRD	F	0.02%	0.05%	0.02%
	CHRW	A	0.02%	0.02%	0.02%
	CHTR	B	0.07%	0.05%	0.05%
	CI	D	0.18%	0.07%	0.07%
	CINF	A	0.04%	0.07%	0.04%
	CL	F	0.15%	0.18%	0.15%
	CLX	A	0.04%	0.06%	0.04%
	CMCSA	B	0.33%	0.38%	0.33%
	CME	A	0.16%	0.11%	0.11%
	CMG	B	0.15%	0.23%	0.15%
	CMI	A	0.1%	0.2%	0.1%
	CMS	C	0.04%	0.06%	0.04%
	CNC	F	0.07%	0.08%	0.07%
	CNP	B	0.04%	0.02%	0.02%
	COF	B	0.13%	0.23%	0.13%
	COIN	B	0.07%	0.07%	0.07%
	COP	C	0.25%	0.38%	0.25%
	COR	A	0.08%	0.09%	0.08%
	COST	B	0.78%	0.93%	0.78%
	CPAY	A	0.04%	0.04%	0.04%
	CPB	F	0.02%	0.01%	0.01%
	CPRT	A	0.09%	0.09%	0.09%
	CRBG	C	0.02%	0.06%	0.02%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.57%	0.4%	0.4%
	CRWD	B	0.14%	0.1%	0.1%
	CSCO	A	0.45%	0.3%	0.3%
	CSGP	D	0.06%	0.04%	0.04%
	CSL	B	0.04%	0.13%	0.04%
	CSX	B	0.13%	0.26%	0.13%
	CTAS	A	0.15%	0.11%	0.11%
	CTLT	D	0.02%	0.03%	0.02%
	CTRA	B	0.03%	0.1%	0.03%
	CTSH	A	0.07%	0.12%	0.07%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	F	0.14%	0.05%	0.05%
	CVX	B	0.53%	0.63%	0.53%
	D	D	0.1%	0.05%	0.05%
	DAL	A	0.02%	0.22%	0.02%
	DASH	A	0.1%	0.06%	0.06%
	DAY	C	0.02%	0.0%	0.0%
	DD	D	0.07%	0.07%	0.07%
	DDOG	B	0.07%	0.05%	0.05%
	DE	D	0.21%	0.32%	0.21%
	DECK	B	0.05%	0.16%	0.05%
	DELL	B	0.07%	0.06%	0.06%
	DFS	B	0.07%	0.08%	0.07%
	DG	F	0.04%	0.06%	0.04%
	DGX	A	0.03%	0.01%	0.01%
	DHI	F	0.1%	0.12%	0.1%
	DHR	F	0.33%	0.13%	0.13%
	DINO	D	0.01%	0.04%	0.01%
	DIS	B	0.35%	0.17%	0.17%
	DKNG	B	0.03%	0.01%	0.01%
	DKS	F	0.02%	0.08%	0.02%
	DLTR	F	0.03%	0.07%	0.03%
	DOCU	B	0.03%	0.05%	0.03%
	DOV	A	0.05%	0.03%	0.03%
	DOW	F	0.07%	0.15%	0.07%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.1%	0.04%
	DT	C	0.03%	0.02%	0.02%
	DTE	D	0.05%	0.07%	0.05%
	DUK	D	0.17%	0.16%	0.16%
	DVA	C	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.14%	0.05%
	DXCM	C	0.05%	0.04%	0.04%
	EA	A	0.08%	0.06%	0.06%
	EBAY	C	0.06%	0.14%	0.06%
	ECL	C	0.13%	0.06%	0.06%
	ED	D	0.07%	0.09%	0.07%
	EFX	D	0.07%	0.02%	0.02%
	EG	D	0.03%	0.07%	0.03%
	EIX	C	0.06%	0.09%	0.06%
	EL	F	0.03%	0.02%	0.02%
	ELV	F	0.19%	0.14%	0.14%
	EME	B	0.04%	0.15%	0.04%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.13%	0.05%	0.05%
	ENPH	F	0.02%	0.01%	0.01%
	ENTG	D	0.03%	0.02%	0.02%
	EOG	A	0.14%	0.28%	0.14%
	EPAM	B	0.02%	0.04%	0.02%
	EQH	B	0.03%	0.09%	0.03%
	EQT	B	0.04%	0.1%	0.04%
	ERIE	F	0.02%	0.03%	0.02%
	ES	D	0.04%	0.02%	0.02%
	ETN	A	0.27%	0.14%	0.14%
	ETR	B	0.06%	0.12%	0.06%
	EVRG	A	0.03%	0.05%	0.03%
	EW	D	0.08%	0.08%	0.08%
	EXAS	F	0.03%	0.01%	0.01%
	EXC	C	0.08%	0.1%	0.08%
	EXPD	D	0.03%	0.09%	0.03%
	EXPE	B	0.04%	0.04%	0.04%
	F	C	0.08%	0.2%	0.08%
	FANG	D	0.06%	0.17%	0.06%
	FAST	A	0.09%	0.2%	0.09%
	FBIN	F	0.02%	0.02%	0.02%
	FCNCA	B	0.04%	0.12%	0.04%
	FCX	F	0.13%	0.21%	0.13%
	FDS	A	0.03%	0.04%	0.03%
	FDX	B	0.13%	0.25%	0.13%
	FE	D	0.05%	0.02%	0.02%
	FFIV	A	0.03%	0.03%	0.03%
	FI	A	0.24%	0.07%	0.07%
	FICO	B	0.1%	0.07%	0.07%
	FIS	B	0.1%	0.06%	0.06%
	FITB	A	0.06%	0.13%	0.06%
	FLUT	A	0.08%	0.0%	0.0%
	FNF	C	0.03%	0.08%	0.03%
	FOX	A	0.01%	0.02%	0.01%
	FOXA	A	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.11%	0.04%
	FTNT	B	0.1%	0.19%	0.1%
	FTV	D	0.05%	0.01%	0.01%
	GD	A	0.14%	0.05%	0.05%
	GDDY	A	0.05%	0.07%	0.05%
	GE	C	0.38%	0.19%	0.19%
	GEHC	F	0.08%	0.03%	0.03%
	GEV	B	0.17%	0.14%	0.14%
	GGG	B	0.03%	0.05%	0.03%
	GILD	C	0.22%	0.38%	0.22%
	GIS	F	0.08%	0.03%	0.03%
	GLW	C	0.08%	0.09%	0.08%
	GM	A	0.12%	0.29%	0.12%
	GOOG	B	1.71%	1.32%	1.32%
	GOOGL	B	1.97%	1.59%	1.59%
	GPC	D	0.03%	0.06%	0.03%
	GPN	B	0.05%	0.01%	0.01%
	GRMN	A	0.06%	0.09%	0.06%
	GS	B	0.34%	0.43%	0.34%
	GWW	B	0.1%	0.23%	0.1%
	H	B	0.01%	0.01%	0.01%
	HAL	C	0.05%	0.13%	0.05%
	HBAN	B	0.04%	0.11%	0.04%
	HCA	D	0.14%	0.06%	0.06%
	HD	B	0.79%	0.56%	0.56%
	HEI	B	0.03%	0.0%	0.0%
	HEI	B	0.03%	0.01%	0.01%
	HEI	B	0.02%	0.01%	0.01%
	HEI	B	0.02%	0.0%	0.0%
	HES	C	0.08%	0.19%	0.08%
	HIG	C	0.07%	0.19%	0.07%
	HII	D	0.01%	0.04%	0.01%
	HLT	A	0.12%	0.05%	0.05%
	HOLX	D	0.04%	0.03%	0.03%
	HON	B	0.27%	0.14%	0.14%
	HOOD	B	0.03%	0.05%	0.03%
	HPE	B	0.05%	0.08%	0.05%
	HPQ	B	0.07%	0.05%	0.05%
	HRL	F	0.02%	0.02%	0.02%
	HSIC	F	0.02%	0.01%	0.01%
	HSY	D	0.05%	0.09%	0.05%
	HUBB	B	0.05%	0.04%	0.04%
	HUBS	B	0.05%	0.05%	0.05%
	HUM	D	0.06%	0.05%	0.05%
	HWM	A	0.08%	0.05%	0.05%
	IBM	C	0.38%	0.27%	0.27%
	ICE	D	0.18%	0.07%	0.07%
	IDXX	D	0.07%	0.11%	0.07%
	IEX	B	0.03%	0.03%	0.03%
	IFF	F	0.05%	0.06%	0.05%
	ILMN	C	0.05%	0.04%	0.04%
	INCY	B	0.03%	0.03%	0.03%
	INTC	C	0.2%	0.17%	0.17%
	INTU	A	0.34%	0.26%	0.26%
	IOT	B	0.02%	0.01%	0.01%
	IP	C	0.04%	0.13%	0.04%
	IPG	F	0.02%	0.01%	0.01%
	IQV	F	0.08%	0.04%	0.04%
	IR	A	0.08%	0.05%	0.05%
	ISRG	A	0.36%	0.17%	0.17%
	IT	A	0.08%	0.09%	0.08%
	ITW	A	0.16%	0.12%	0.12%
	J	B	0.04%	0.01%	0.01%
	JBHT	B	0.03%	0.08%	0.03%
	JBL	C	0.03%	0.11%	0.03%
	JCI	A	0.1%	0.04%	0.04%
	JKHY	C	0.03%	0.04%	0.03%
	JNJ	D	0.75%	0.6%	0.6%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	B	1.26%	1.17%	1.17%
	K	A	0.04%	0.03%	0.03%
	KDP	D	0.07%	0.05%	0.05%
	KEY	B	0.03%	0.06%	0.03%
	KEYS	C	0.05%	0.07%	0.05%
	KHC	F	0.06%	0.05%	0.05%
	KKR	B	0.17%	0.15%	0.15%
	KLAC	F	0.18%	0.22%	0.18%
	KMB	F	0.09%	0.14%	0.09%
	KMI	B	0.1%	0.1%	0.1%
	KMX	C	0.02%	0.05%	0.02%
	KNX	B	0.02%	0.04%	0.02%
	KO	F	0.53%	0.4%	0.4%
	KR	A	0.08%	0.2%	0.08%
	KVUE	B	0.09%	0.06%	0.06%
	L	A	0.03%	0.07%	0.03%
	LDOS	B	0.05%	0.03%	0.03%
	LEN	D	0.08%	0.01%	0.01%
	LEN	D	0.08%	0.18%	0.08%
	LH	A	0.04%	0.04%	0.04%
	LHX	A	0.09%	0.03%	0.03%
	LII	B	0.04%	0.1%	0.04%
	LIN	D	0.43%	0.21%	0.21%
	LKQ	D	0.02%	0.01%	0.01%
	LLY	F	1.29%	0.78%	0.78%
	LMT	C	0.23%	0.22%	0.22%
	LNG	B	0.09%	0.22%	0.09%
	LNT	C	0.03%	0.03%	0.03%
	LOW	B	0.3%	0.12%	0.12%
	LPLA	B	0.04%	0.1%	0.04%
	LRCX	F	0.2%	0.37%	0.2%
	LULU	C	0.07%	0.15%	0.07%
	LUV	B	0.01%	0.08%	0.01%
	LVS	C	0.04%	0.09%	0.04%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.12%	0.04%
	LYV	B	0.04%	0.02%	0.02%
	MA	B	0.83%	0.65%	0.65%
	MANH	C	0.03%	0.06%	0.03%
	MAR	A	0.12%	0.05%	0.05%
	MAS	D	0.04%	0.02%	0.02%
	MCD	C	0.42%	0.16%	0.16%
	MCHP	F	0.08%	0.05%	0.05%
	MCK	A	0.14%	0.07%	0.07%
	MCO	C	0.15%	0.1%	0.1%
	MDB	C	0.04%	0.03%	0.03%
	MDLZ	F	0.18%	0.09%	0.09%
	MDT	D	0.23%	0.12%	0.12%
	MELI	D	0.19%	0.36%	0.19%
	MET	C	0.09%	0.2%	0.09%
	META	B	2.48%	2.31%	2.31%
	MGM	D	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.01%	0.01%
	MKL	A	0.04%	0.12%	0.04%
	MKTX	C	0.02%	0.05%	0.02%
	MLM	B	0.07%	0.14%	0.07%
	MMC	C	0.22%	0.09%	0.09%
	MMM	C	0.14%	0.19%	0.14%
	MNST	B	0.08%	0.03%	0.03%
	MO	A	0.18%	0.08%	0.08%
	MOH	F	0.04%	0.07%	0.04%
	MOS	D	0.02%	0.05%	0.02%
	MPC	D	0.1%	0.22%	0.1%
	MPWR	F	0.07%	0.06%	0.06%
	MRK	F	0.51%	0.33%	0.33%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.03%	0.11%	0.03%
	MRVL	B	0.15%	0.11%	0.11%
	MS	A	0.28%	0.34%	0.28%
	MSCI	B	0.09%	0.04%	0.04%
	MSFT	C	5.75%	4.41%	4.41%
	MSI	B	0.15%	0.21%	0.15%
	MSTR	B	0.07%	0.07%	0.07%
	MTB	B	0.06%	0.11%	0.06%
	MTCH	F	0.02%	0.01%	0.01%
	MTD	F	0.06%	0.03%	0.03%
	MU	D	0.23%	0.2%	0.2%
	NBIX	C	0.02%	0.04%	0.02%
	NDAQ	A	0.06%	0.02%	0.02%
	NDSN	B	0.03%	0.01%	0.01%
	NEE	D	0.32%	0.07%	0.07%
	NEM	F	0.1%	0.02%	0.02%
	NET	B	0.05%	0.04%	0.04%
	NFLX	A	0.65%	0.47%	0.47%
	NI	A	0.03%	0.02%	0.02%
	NKE	F	0.19%	0.17%	0.17%
	NOC	C	0.14%	0.05%	0.05%
	NOW	A	0.39%	0.29%	0.29%
	NRG	B	0.04%	0.06%	0.04%
	NSC	B	0.11%	0.22%	0.11%
	NTAP	D	0.05%	0.07%	0.05%
	NTRS	A	0.04%	0.11%	0.04%
	NUE	C	0.07%	0.17%	0.07%
	NVDA	B	6.81%	4.93%	4.93%
	NVR	D	0.06%	0.1%	0.06%
	NWSA	B	0.02%	0.03%	0.02%
	NXPI	F	0.11%	0.08%	0.08%
	OC	A	0.03%	0.1%	0.03%
	ODFL	B	0.08%	0.14%	0.08%
	OKE	A	0.11%	0.19%	0.11%
	OKTA	C	0.02%	0.02%	0.02%
	OMC	B	0.04%	0.02%	0.02%
	ON	F	0.06%	0.13%	0.06%
	ORCL	A	0.56%	0.42%	0.42%
	ORLY	A	0.14%	0.07%	0.07%
	OTIS	C	0.08%	0.04%	0.04%
	OVV	C	0.02%	0.07%	0.02%
	OXY	D	0.07%	0.15%	0.07%
	PANW	A	0.23%	0.18%	0.18%
	PARA	C	0.01%	0.01%	0.01%
	PAYC	B	0.02%	0.07%	0.02%
	PAYX	B	0.09%	0.17%	0.09%
	PCAR	B	0.11%	0.24%	0.11%
	PCG	A	0.08%	0.13%	0.08%
	PEG	C	0.08%	0.09%	0.08%
	PEP	D	0.46%	0.27%	0.27%
	PFE	F	0.31%	0.15%	0.15%
	PFG	C	0.04%	0.09%	0.04%
	PG	C	0.77%	0.39%	0.39%
	PGR	A	0.29%	0.45%	0.29%
	PH	A	0.17%	0.09%	0.09%
	PHM	D	0.06%	0.12%	0.06%
	PINS	F	0.04%	0.02%	0.02%
	PKG	B	0.04%	0.12%	0.04%
	PLTR	B	0.21%	0.16%	0.16%
	PM	C	0.41%	0.18%	0.18%
	PNC	B	0.15%	0.22%	0.15%
	PNR	A	0.03%	0.01%	0.01%
	PODD	B	0.03%	0.03%	0.03%
	POOL	D	0.03%	0.08%	0.03%
	PPG	F	0.06%	0.05%	0.05%
	PPL	A	0.05%	0.07%	0.05%
	PRU	B	0.09%	0.18%	0.09%
	PSTG	D	0.03%	0.04%	0.03%
	PSX	D	0.1%	0.19%	0.1%
	PTC	B	0.04%	0.03%	0.03%
	PWR	B	0.09%	0.09%	0.09%
	PYPL	A	0.16%	0.3%	0.16%
	QCOM	F	0.37%	0.52%	0.37%
	QRVO	F	0.01%	0.02%	0.01%
	RBLX	B	0.05%	0.01%	0.01%
	RCL	A	0.1%	0.26%	0.1%
	REGN	F	0.18%	0.14%	0.14%
	RF	B	0.04%	0.08%	0.04%
	RIVN	D	0.02%	0.03%	0.02%
	RJF	A	0.06%	0.11%	0.06%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.06%	0.04%	0.04%
	ROKU	C	0.02%	0.02%	0.02%
	ROL	B	0.03%	0.03%	0.03%
	ROP	A	0.12%	0.09%	0.09%
	ROST	F	0.09%	0.22%	0.09%
	RPM	A	0.03%	0.1%	0.03%
	RPRX	F	0.02%	0.03%	0.02%
	RS	B	0.03%	0.07%	0.03%
	RSG	A	0.09%	0.03%	0.03%
	RTX	C	0.31%	0.16%	0.16%
	RVTY	C	0.03%	0.02%	0.02%
	SBUX	B	0.22%	0.09%	0.09%
	SCHW	A	0.21%	0.2%	0.2%
	SEIC	A	0.02%	0.03%	0.02%
	SHW	A	0.18%	0.14%	0.14%
	SJM	F	0.02%	0.01%	0.01%
	SLB	C	0.11%	0.09%	0.09%
	SMCI	F	0.03%	0.02%	0.02%
	SNA	A	0.04%	0.08%	0.04%
	SNAP	C	0.03%	0.01%	0.01%
	SNOW	C	0.07%	0.05%	0.05%
	SNPS	B	0.16%	0.12%	0.12%
	SO	D	0.19%	0.12%	0.12%
	SOLV	D	0.02%	0.01%	0.01%
	SPGI	C	0.31%	0.09%	0.09%
	SQ	B	0.08%	0.06%	0.06%
	SRE	A	0.1%	0.07%	0.07%
	SSNC	C	0.03%	0.01%	0.01%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.13%	0.04%
	STT	B	0.06%	0.1%	0.06%
	STX	D	0.04%	0.03%	0.03%
	STZ	D	0.08%	0.05%	0.05%
	SW	C	0.05%	0.1%	0.05%
	SWK	F	0.03%	0.02%	0.02%
	SWKS	F	0.03%	0.07%	0.03%
	SYF	B	0.04%	0.15%	0.04%
	SYK	A	0.25%	0.11%	0.11%
	SYY	B	0.07%	0.07%	0.07%
	T	A	0.31%	0.42%	0.31%
	TAP	B	0.02%	0.04%	0.02%
	TDG	B	0.15%	0.07%	0.07%
	TDY	A	0.04%	0.03%	0.03%
	TEAM	B	0.07%	0.05%	0.05%
	TECH	B	0.02%	0.02%	0.02%
	TER	F	0.03%	0.05%	0.03%
	TFC	B	0.11%	0.19%	0.11%
	TFX	F	0.02%	0.03%	0.02%
	TGT	C	0.14%	0.28%	0.14%
	TJX	B	0.25%	0.43%	0.25%
	TMO	F	0.42%	0.15%	0.15%
	TMUS	A	0.24%	0.3%	0.24%
	TOST	A	0.02%	0.02%	0.02%
	TPL	B	0.05%	0.13%	0.05%
	TRGP	B	0.07%	0.26%	0.07%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	B	0.05%	0.1%	0.05%
	TRU	D	0.04%	0.02%	0.02%
	TRV	B	0.11%	0.26%	0.11%
	TSCO	C	0.06%	0.18%	0.06%
	TSLA	B	1.43%	0.7%	0.7%
	TSN	C	0.03%	0.04%	0.03%
	TT	A	0.17%	0.13%	0.13%
	TTC	F	0.02%	0.03%	0.02%
	TTD	B	0.11%	0.06%	0.06%
	TTWO	A	0.05%	0.03%	0.03%
	TW	C	0.03%	0.02%	0.02%
	TWLO	A	0.03%	0.03%	0.03%
	TXN	C	0.36%	0.28%	0.28%
	TXT	C	0.03%	0.05%	0.03%
	TYL	B	0.05%	0.04%	0.04%
	UBER	F	0.28%	0.1%	0.1%
	UHAL	C	0.01%	0.0%	0.0%
	UHAL	C	0.01%	0.03%	0.01%
	UHS	D	0.03%	0.06%	0.03%
	ULTA	C	0.04%	0.11%	0.04%
	UNH	B	1.03%	0.36%	0.36%
	UNP	C	0.28%	0.48%	0.28%
	UPS	C	0.19%	0.19%	0.19%
	URI	B	0.11%	0.2%	0.11%
	USB	A	0.15%	0.22%	0.15%
	UTHR	B	0.03%	0.1%	0.03%
	V	A	0.91%	0.58%	0.58%
	VEEV	B	0.06%	0.05%	0.05%
	VLO	D	0.09%	0.16%	0.09%
	VLTO	C	0.05%	0.06%	0.05%
	VMC	B	0.07%	0.05%	0.05%
	VRSK	A	0.08%	0.12%	0.08%
	VRSN	C	0.03%	0.02%	0.02%
	VRT	B	0.08%	0.13%	0.08%
	VRTX	B	0.25%	0.25%	0.25%
	VST	B	0.08%	0.12%	0.08%
	VTRS	B	0.03%	0.09%	0.03%
	VZ	C	0.34%	0.44%	0.34%
	WAB	A	0.07%	0.04%	0.04%
	WAT	A	0.05%	0.05%	0.05%
	WBA	D	0.01%	0.0%	0.0%
	WBD	B	0.04%	0.03%	0.03%
	WCN	A	0.09%	0.04%	0.04%
	WDAY	B	0.1%	0.08%	0.08%
	WDC	D	0.04%	0.03%	0.03%
	WEC	B	0.06%	0.04%	0.04%
	WFC	A	0.44%	0.53%	0.44%
	WLK	F	0.01%	0.03%	0.01%
	WM	A	0.17%	0.12%	0.12%
	WMB	B	0.13%	0.29%	0.13%
	WMT	A	0.73%	0.63%	0.63%
	WRB	B	0.04%	0.07%	0.04%
	WSM	F	0.03%	0.12%	0.03%
	WSO	A	0.03%	0.05%	0.03%
	WST	B	0.05%	0.05%	0.05%
	WTRG	C	0.02%	0.01%	0.01%
	WTW	A	0.06%	0.02%	0.02%
	WYNN	F	0.02%	0.01%	0.01%
	XEL	A	0.07%	0.11%	0.07%
	XOM	B	1.05%	1.04%	1.04%
	XYL	D	0.06%	0.04%	0.04%
	YUM	B	0.08%	0.04%	0.04%
	Z	B	0.02%	0.02%	0.02%
	ZBH	C	0.04%	0.05%	0.04%
	ZBRA	A	0.04%	0.03%	0.03%
	ZM	B	0.04%	0.04%	0.04%
	ZS	B	0.03%	0.03%	0.03%
	ZTS	D	0.16%	0.2%	0.16%

PBUS Overweight 36 Positions Relative to AVLC

	Symbol	Grade	Weight
	PLD	D	0.21%
	AMT	F	0.2%
	EQIX	B	0.17%
	WELL	B	0.16%
	DLR	C	0.12%
	PSA	C	0.11%
	SPG	B	0.11%
	O	D	0.1%
	CCI	F	0.09%
	VICI	D	0.07%
	EXR	D	0.07%
	IRM	D	0.07%
	AVB	A	0.06%
	WY	F	0.05%
	SBAC	D	0.05%
	EQR	C	0.05%
	VTR	C	0.05%
	MAA	C	0.04%
	ESS	C	0.04%
	INVH	D	0.04%
	REG	A	0.03%
	UDR	C	0.03%
	GLPI	D	0.03%
	DOC	C	0.03%
	GEN	A	0.03%
	KIM	A	0.03%
	SUI	D	0.03%
	ARE	F	0.03%
	CNH	D	0.02%
	AMH	C	0.02%
	BXP	D	0.02%
	WPC	F	0.02%
	ELS	C	0.02%
	HST	C	0.02%
	CPT	C	0.02%
	ACI	C	0.01%

PBUS Underweight 426 Positions Relative to AVLC

	Symbol	Grade	Weight
	UAL	B	-0.18%
	CPNG	B	-0.12%
	SFM	B	-0.11%
	FIX	B	-0.1%
	FLEX	B	-0.1%
	CVNA	B	-0.09%
	TXRH	A	-0.09%
	RNR	D	-0.08%
	EXP	B	-0.08%
	JEF	A	-0.08%
	BJ	B	-0.08%
	TPR	B	-0.08%
	EWBC	B	-0.08%
	NCLH	B	-0.08%
	FTI	B	-0.08%
	CASY	B	-0.08%
	WCC	B	-0.07%
	SAIA	B	-0.07%
	MUSA	B	-0.07%
	INGR	B	-0.07%
	JXN	B	-0.07%
	WMS	F	-0.07%
	TOL	C	-0.07%
	MLI	B	-0.07%
	PRI	A	-0.07%
	RGA	A	-0.07%
	COKE	C	-0.06%
	WAL	B	-0.06%
	CMA	A	-0.06%
	PR	C	-0.06%
	BWXT	A	-0.06%
	LNTH	F	-0.06%
	ATI	D	-0.06%
	RL	B	-0.06%
	GL	B	-0.06%
	GNRC	B	-0.06%
	SPOT	A	-0.06%
	LECO	C	-0.06%
	DCI	A	-0.06%
	GPK	D	-0.06%
	PFGC	B	-0.06%
	LPX	B	-0.06%
	ANF	D	-0.06%
	VMI	B	-0.05%
	ENSG	C	-0.05%
	MHK	D	-0.05%
	WBS	A	-0.05%
	WTFC	B	-0.05%
	PNW	B	-0.05%
	JLL	C	-0.05%
	RHI	B	-0.05%
	CROX	F	-0.05%
	MTDR	C	-0.05%
	WFRD	D	-0.05%
	SKX	F	-0.05%
	ZION	B	-0.05%
	ALV	C	-0.05%
	AIT	A	-0.05%
	CBT	C	-0.05%
	BWA	B	-0.05%
	ARW	F	-0.05%
	KNSL	C	-0.05%
	R	A	-0.05%
	AXS	A	-0.05%
	FYBR	D	-0.05%
	UFPI	B	-0.05%
	FND	F	-0.05%
	UNM	A	-0.05%
	ATR	A	-0.05%
	VFC	C	-0.04%
	CIVI	F	-0.04%
	AWI	B	-0.04%
	AA	C	-0.04%
	KEX	B	-0.04%
	EVR	B	-0.04%
	SSD	D	-0.04%
	SOFI	B	-0.04%
	HRB	D	-0.04%
	AGCO	F	-0.04%
	XPO	B	-0.04%
	CLF	D	-0.04%
	CMC	B	-0.04%
	SNX	C	-0.04%
	OGE	B	-0.04%
	JAZZ	B	-0.04%
	KD	A	-0.04%
	MTG	C	-0.04%
	FN	B	-0.04%
	FMC	F	-0.04%
	CRUS	F	-0.04%
	TREX	C	-0.04%
	ITT	A	-0.04%
	NSIT	F	-0.04%
	RRC	B	-0.04%
	AXTA	A	-0.04%
	FHN	A	-0.04%
	CBSH	A	-0.04%
	CRS	B	-0.04%
	CLH	B	-0.04%
	KBH	D	-0.04%
	GAP	B	-0.04%
	LSTR	B	-0.04%
	AAON	B	-0.04%
	AYI	B	-0.04%
	SF	B	-0.04%
	CHX	D	-0.04%
	OMF	A	-0.04%
	CFR	B	-0.04%
	ORI	A	-0.04%
	LAD	B	-0.03%
	DY	C	-0.03%
	GWRE	A	-0.03%
	BCC	B	-0.03%
	MOD	C	-0.03%
	RLI	A	-0.03%
	SCI	B	-0.03%
	GMED	B	-0.03%
	FAF	C	-0.03%
	DOX	C	-0.03%
	BLD	F	-0.03%
	IBP	F	-0.03%
	COHR	B	-0.03%
	PEGA	A	-0.03%
	TKR	F	-0.03%
	ENLC	B	-0.03%
	OLN	D	-0.03%
	HALO	B	-0.03%
	NU	B	-0.03%
	HLNE	B	-0.03%
	NYT	C	-0.03%
	VOYA	B	-0.03%
	WWD	B	-0.03%
	MTZ	B	-0.03%
	EXPO	D	-0.03%
	GNTX	C	-0.03%
	ESNT	D	-0.03%
	SATS	C	-0.03%
	EHC	A	-0.03%
	MUR	F	-0.03%
	AM	B	-0.03%
	PVH	C	-0.03%
	X	C	-0.03%
	AR	B	-0.03%
	EXEL	B	-0.03%
	CW	B	-0.03%
	ALK	A	-0.03%
	BPOP	C	-0.03%
	RGLD	C	-0.03%
	MAT	C	-0.03%
	CIEN	B	-0.03%
	PNFP	B	-0.03%
	SSB	B	-0.03%
	CVLT	A	-0.03%
	LEA	F	-0.03%
	ONB	B	-0.03%
	SNV	B	-0.03%
	DTM	B	-0.03%
	ITCI	C	-0.02%
	EXLS	B	-0.02%
	LANC	C	-0.02%
	PCTY	A	-0.02%
	FIVE	F	-0.02%
	AUR	D	-0.02%
	ROIV	C	-0.02%
	MSA	D	-0.02%
	CGNX	C	-0.02%
	FRPT	B	-0.02%
	INSM	D	-0.02%
	PPC	B	-0.02%
	BC	C	-0.02%
	CHH	B	-0.02%
	RBC	B	-0.02%
	DOCS	B	-0.02%
	MDU	F	-0.02%
	VKTX	D	-0.02%
	AZN	F	-0.02%
	ARMK	B	-0.02%
	HOMB	A	-0.02%
	LNW	F	-0.02%
	FCN	F	-0.02%
	FSS	C	-0.02%
	OZK	B	-0.02%
	ALSN	A	-0.02%
	NVT	B	-0.02%
	NTRA	B	-0.02%
	DAR	B	-0.02%
	SIGI	B	-0.02%
	HLI	B	-0.02%
	BMI	B	-0.02%
	NOV	C	-0.02%
	HAS	D	-0.02%
	GLOB	B	-0.02%
	JHG	B	-0.02%
	FLS	B	-0.02%
	CHE	D	-0.02%
	SWX	B	-0.02%
	ONTO	F	-0.02%
	MMSI	B	-0.02%
	SN	C	-0.02%
	MOG.A	B	-0.02%
	OLED	F	-0.02%
	CNM	D	-0.02%
	BRKR	F	-0.02%
	OLLI	C	-0.02%
	LFUS	D	-0.02%
	COOP	B	-0.02%
	CSWI	B	-0.02%
	OSK	B	-0.02%
	MGY	B	-0.02%
	MTH	D	-0.02%
	FLR	C	-0.02%
	HESM	D	-0.02%
	SON	D	-0.02%
	QLYS	B	-0.02%
	CADE	B	-0.02%
	MASI	B	-0.02%
	IVZ	C	-0.02%
	PCVX	D	-0.02%
	THC	B	-0.02%
	TMHC	C	-0.02%
	G	B	-0.02%
	RVMD	B	-0.02%
	IBKR	A	-0.02%
	TPX	B	-0.02%
	PB	B	-0.02%
	M	D	-0.02%
	CHDN	C	-0.02%
	NTNX	B	-0.02%
	GME	C	-0.02%
	LBRDK	C	-0.02%
	AMKR	F	-0.02%
	MEDP	C	-0.02%
	AFRM	B	-0.02%
	LYFT	B	-0.01%
	SEE	C	-0.01%
	BPMC	B	-0.01%
	PAG	B	-0.01%
	GFS	C	-0.01%
	RMBS	B	-0.01%
	NEU	C	-0.01%
	IONS	F	-0.01%
	ZG	B	-0.01%
	CFLT	B	-0.01%
	CHWY	B	-0.01%
	ADTN	B	-0.01%
	TNET	D	-0.01%
	GTLS	A	-0.01%
	SMMT	D	-0.01%
	RRX	C	-0.01%
	AAL	B	-0.01%
	CYTK	C	-0.01%
	RGEN	C	-0.01%
	PI	D	-0.01%
	NPAB	F	-0.01%
	LCID	F	-0.01%
	BILL	A	-0.01%
	CWEN	D	-0.01%
	VAL	F	-0.01%
	VERX	B	-0.01%
	UI	B	-0.01%
	SUM	C	-0.01%
	ALTR	C	-0.01%
	PEN	B	-0.01%
	NOVT	C	-0.01%
	CACC	D	-0.01%
	U	F	-0.01%
	PATH	C	-0.01%
	GXO	B	-0.01%
	TDW	F	-0.01%
	BRBR	A	-0.01%
	NWS	B	-0.01%
	PCOR	B	-0.01%
	ZETA	D	-0.01%
	HQY	B	-0.01%
	HXL	D	-0.01%
	BROS	B	-0.01%
	FOUR	B	-0.01%
	AVAV	C	-0.01%
	PSN	B	-0.01%
	ESAB	B	-0.01%
	MTN	D	-0.01%
	MORN	B	-0.01%
	DDS	C	-0.01%
	ESTC	C	-0.01%
	GTLB	B	-0.01%
	DLB	C	-0.01%
	AGR	C	-0.01%
	ACHC	F	-0.01%
	KRYS	B	-0.01%
	CWST	A	-0.01%
	NXST	C	-0.01%
	MKSI	C	-0.01%
	DUOL	B	-0.01%
	MARA	C	-0.01%
	DBX	B	-0.01%
	VRNS	D	-0.01%
	CWAN	B	-0.01%
	RRR	F	-0.01%
	LSCC	D	-0.01%
	BECN	B	-0.01%
	APPF	B	-0.01%
	USFD	A	-0.01%
	BOKF	B	-0.01%
	VNT	B	-0.01%
	CACI	C	-0.01%
	RYAN	A	-0.01%
	ATKR	D	-0.01%
	IDA	A	-0.01%
	OGN	F	-0.01%
	BERY	C	-0.01%
	KBR	B	-0.01%
	SRPT	F	-0.01%
	LEVI	F	-0.01%
	AZEK	B	-0.01%
	NFG	C	-0.01%
	WEX	D	-0.01%
	XP	F	-0.01%
	MTSI	B	-0.01%
	BCPC	B	-0.01%
	BYD	A	-0.01%
	MIDD	C	-0.01%
	AN	C	-0.01%
	WTS	B	-0.01%
	SPSC	D	-0.01%
	PLNT	A	-0.01%
	LUMN	B	-0.01%
	GKOS	A	-0.01%
	VVV	B	-0.01%
	SMAR	A	-0.01%
	ZWS	B	-0.01%
	TTEK	C	-0.01%
	WING	D	-0.01%
	AL	B	-0.01%
	LNC	B	-0.01%
	PFSI	D	-0.01%
	SITE	D	-0.01%
	PBF	F	-0.01%
	SM	C	-0.01%
	CR	B	-0.01%
	WH	A	-0.01%
	WSC	F	-0.01%
	THO	B	-0.01%
	ELAN	D	-0.01%
	MDGL	C	-0.01%
	S	B	-0.01%
	NVST	C	-0.0%
	TPG	B	-0.0%
	CRSP	D	-0.0%
	WOLF	F	-0.0%
	WHR	B	-0.0%
	RARE	D	-0.0%
	HIMS	B	-0.0%
	EMBC	B	-0.0%
	KLG	D	-0.0%
	COTY	F	-0.0%
	AGL	F	-0.0%
	FG	B	-0.0%
	SEDG	F	-0.0%
	CNXC	F	-0.0%
	FFIN	B	-0.0%
	RNA	B	-0.0%
	DXC	B	-0.0%
	IMVT	D	-0.0%
	SPB	B	-0.0%
	SIRI	D	-0.0%
	TXG	F	-0.0%
	SAM	B	-0.0%
	BRZE	C	-0.0%
	UGI	D	-0.0%
	CRVL	B	-0.0%
	GBCI	B	-0.0%
	AGO	B	-0.0%
	BBIO	F	-0.0%
	APLS	F	-0.0%
	IPGP	C	-0.0%
	FNB	A	-0.0%
	INFA	D	-0.0%
	ALKS	B	-0.0%
	FIZZ	B	-0.0%
	PLUG	D	-0.0%
	ZI	D	-0.0%
	CAR	C	-0.0%
	TDC	D	-0.0%
	RDN	C	-0.0%
	CWEN	D	-0.0%
	HCP	A	-0.0%
	EEFT	C	-0.0%
	HRI	B	-0.0%
	SNDR	B	-0.0%
	WK	B	-0.0%
	ALIT	B	-0.0%
	TENB	C	-0.0%
	FRHC	A	-0.0%
	FLO	F	-0.0%
	ST	F	-0.0%
	OPCH	F	-0.0%
	LBRDA	C	-0.0%
	W	F	-0.0%
	NFE	F	-0.0%
	BIRK	F	-0.0%
	OWL	B	-0.0%
	ESI	B	-0.0%
	CRDO	B	-0.0%
	CZR	F	-0.0%
	INSP	F	-0.0%
	AMG	B	-0.0%
	MMS	D	-0.0%
	ACT	C	-0.0%
	COLB	B	-0.0%
	POST	D	-0.0%
	ETSY	C	-0.0%
	XRAY	F	-0.0%
	REYN	D	-0.0%
	TMDX	F	-0.0%
	BFAM	F	-0.0%
	CNA	C	-0.0%
	RDDT	B	-0.0%
	NUVL	D	-0.0%
	SAIC	C	-0.0%
	ALGM	F	-0.0%
	RBRK	B	-0.0%
	SLGN	A	-0.0%
	TKO	D	-0.0%
	RH	C	-0.0%
	ELF	C	-0.0%
	APG	B	-0.0%

PBUS: 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 Packaged Foods Internet Content & Information

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

AVLC: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Banks - Regional - US Diversified Industrials Business Services Software - Infrastructure Asset Management Oil & Gas E&P Semiconductors Utilities - Regulated Electric Specialty Retail Diagnostics & Research Capital Markets Packaged Foods Information Technology Services Specialty Chemicals Aerospace & Defense Building Materials Insurance - Property & Casualty Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Banking Electronics Bank Chemical Aerospace Medicine Electricity Mining Telecommunications Semiconductor IBD 50 Dow Jones Component Insurance Products Biotechnology Building Materials