PBUS vs. GLBL ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to Pacer MSCI World Industry Advantage ETF (GLBL)

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

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	GLBL
30 Days	3.61%	3.25%
60 Days	5.14%	4.07%
90 Days	6.91%
12 Months	33.43%

274 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in GLBL	Overlap
	AAPL	C	6.43%	4.65%	4.65%
	ABNB	C	0.12%	0.19%	0.12%
	ABT	B	0.39%	0.62%	0.39%
	ACI	C	0.01%	0.02%	0.01%
	ACN	C	0.43%	0.69%	0.43%
	ADBE	C	0.43%	0.75%	0.43%
	ADI	D	0.2%	0.35%	0.2%
	ADSK	A	0.13%	0.22%	0.13%
	AKAM	D	0.03%	0.04%	0.03%
	ALGN	D	0.03%	0.05%	0.03%
	ALLY	C	0.02%	0.03%	0.02%
	AMAT	F	0.27%	0.47%	0.27%
	AMD	F	0.43%	0.69%	0.43%
	AMH	D	0.02%	0.04%	0.02%
	AMP	A	0.11%	0.2%	0.11%
	AMT	D	0.18%	0.27%	0.18%
	AMZN	C	3.66%	5.62%	3.66%
	ANET	C	0.2%	0.32%	0.2%
	ANSS	B	0.06%	0.08%	0.06%
	APH	A	0.16%	0.27%	0.16%
	APO	B	0.13%	0.19%	0.13%
	APP	B	0.13%	0.2%	0.13%
	ARE	D	0.03%	0.05%	0.03%
	ARES	A	0.06%	0.08%	0.06%
	AVB	B	0.06%	0.11%	0.06%
	AVGO	D	1.39%	2.4%	1.39%
	AXP	A	0.32%	0.54%	0.32%
	BAX	D	0.03%	0.05%	0.03%
	BBWI	D	0.01%	0.02%	0.01%
	BBY	D	0.03%	0.06%	0.03%
	BDX	F	0.12%	0.22%	0.12%
	BEN	C	0.01%	0.02%	0.01%
	BK	A	0.11%	0.18%	0.11%
	BLK	C	0.29%	0.48%	0.29%
	BRK.A	B	1.2%	1.98%	1.2%
	BSX	B	0.26%	0.4%	0.26%
	BSY	D	0.01%	0.02%	0.01%
	BURL	A	0.03%	0.06%	0.03%
	BX	A	0.25%	0.38%	0.25%
	BXP	D	0.02%	0.04%	0.02%
	CAH	B	0.06%	0.09%	0.06%
	CBOE	B	0.04%	0.05%	0.04%
	CCI	D	0.09%	0.14%	0.09%
	CCL	B	0.05%	0.07%	0.05%
	CDNS	B	0.16%	0.29%	0.16%
	CDW	F	0.05%	0.09%	0.05%
	CG	A	0.02%	0.04%	0.02%
	CHTR	C	0.07%	0.1%	0.07%
	CI	F	0.18%	0.31%	0.18%
	CMCSA	B	0.32%	0.54%	0.32%
	CME	A	0.16%	0.27%	0.16%
	CMG	B	0.16%	0.25%	0.16%
	CNC	D	0.06%	0.1%	0.06%
	COF	B	0.13%	0.22%	0.13%
	COIN	C	0.12%	0.2%	0.12%
	COR	B	0.08%	0.12%	0.08%
	COST	B	0.79%	1.31%	0.79%
	CPAY	A	0.05%	0.09%	0.05%
	CPT	B	0.02%	0.03%	0.02%
	CRBG	B	0.02%	0.03%	0.02%
	CRM	B	0.61%	1.04%	0.61%
	CRWD	B	0.16%	0.24%	0.16%
	CSCO	B	0.45%	0.74%	0.45%
	CTSH	B	0.07%	0.14%	0.07%
	CVS	D	0.14%	0.22%	0.14%
	DASH	A	0.1%	0.16%	0.1%
	DDOG	A	0.07%	0.12%	0.07%
	DELL	C	0.07%	0.13%	0.07%
	DFS	B	0.08%	0.12%	0.08%
	DG	F	0.03%	0.05%	0.03%
	DGX	A	0.03%	0.04%	0.03%
	DIS	B	0.4%	0.58%	0.4%
	DKNG	B	0.04%	0.06%	0.04%
	DKS	C	0.02%	0.05%	0.02%
	DLR	B	0.12%	0.17%	0.12%
	DLTR	F	0.03%	0.05%	0.03%
	DOC	D	0.03%	0.05%	0.03%
	DOCU	A	0.03%	0.06%	0.03%
	DPZ	C	0.03%	0.05%	0.03%
	DRI	B	0.04%	0.08%	0.04%
	DT	C	0.03%	0.05%	0.03%
	DVA	B	0.02%	0.04%	0.02%
	DXCM	D	0.06%	0.09%	0.06%
	EA	A	0.08%	0.11%	0.08%
	EBAY	D	0.06%	0.1%	0.06%
	ELS	C	0.02%	0.03%	0.02%
	ELV	F	0.18%	0.29%	0.18%
	ENPH	F	0.02%	0.03%	0.02%
	ENTG	D	0.03%	0.05%	0.03%
	EPAM	C	0.03%	0.06%	0.03%
	EQH	B	0.03%	0.04%	0.03%
	EQIX	A	0.17%	0.21%	0.17%
	EQR	B	0.05%	0.09%	0.05%
	ESS	B	0.04%	0.07%	0.04%
	EW	C	0.08%	0.12%	0.08%
	EXPE	B	0.04%	0.08%	0.04%
	EXR	D	0.07%	0.12%	0.07%
	FDS	B	0.03%	0.06%	0.03%
	FFIV	B	0.03%	0.06%	0.03%
	FI	A	0.25%	0.4%	0.25%
	FIS	C	0.09%	0.15%	0.09%
	FOX	A	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.03%	0.02%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.12%	0.21%	0.12%
	GDDY	A	0.05%	0.09%	0.05%
	GEHC	F	0.07%	0.12%	0.07%
	GEN	B	0.03%	0.05%	0.03%
	GLPI	C	0.03%	0.05%	0.03%
	GLW	B	0.07%	0.12%	0.07%
	GOOG	C	1.73%	2.84%	1.73%
	GOOGL	C	1.99%	3.27%	1.99%
	GPC	D	0.03%	0.06%	0.03%
	GPN	B	0.06%	0.08%	0.06%
	GS	A	0.36%	0.56%	0.36%
	H	B	0.01%	0.04%	0.01%
	HCA	F	0.13%	0.25%	0.13%
	HD	A	0.76%	1.25%	0.76%
	HLT	A	0.12%	0.18%	0.12%
	HOLX	D	0.04%	0.06%	0.04%
	HOOD	B	0.04%	0.05%	0.04%
	HPE	B	0.05%	0.09%	0.05%
	HPQ	B	0.07%	0.11%	0.07%
	HSIC	B	0.02%	0.03%	0.02%
	HST	C	0.02%	0.04%	0.02%
	HUBS	A	0.06%	0.16%	0.06%
	HUM	C	0.07%	0.14%	0.07%
	IBM	C	0.38%	0.59%	0.38%
	ICE	C	0.17%	0.29%	0.17%
	IDXX	F	0.07%	0.1%	0.07%
	INTC	D	0.2%	0.33%	0.2%
	INTU	C	0.35%	0.58%	0.35%
	INVH	D	0.04%	0.06%	0.04%
	IOT	A	0.02%	0.04%	0.02%
	IPG	D	0.02%	0.03%	0.02%
	IRM	D	0.06%	0.11%	0.06%
	ISRG	A	0.37%	0.57%	0.37%
	IT	C	0.08%	0.13%	0.08%
	JBL	B	0.03%	0.03%	0.03%
	JKHY	D	0.02%	0.04%	0.02%
	JNPR	F	0.02%	0.04%	0.02%
	KEYS	A	0.06%	0.07%	0.06%
	KIM	A	0.03%	0.05%	0.03%
	KKR	A	0.18%	0.29%	0.18%
	KLAC	D	0.16%	0.3%	0.16%
	KMX	B	0.02%	0.04%	0.02%
	KR	B	0.08%	0.13%	0.08%
	LH	C	0.04%	0.06%	0.04%
	LKQ	D	0.02%	0.04%	0.02%
	LOW	D	0.29%	0.51%	0.29%
	LPLA	A	0.05%	0.07%	0.05%
	LRCX	F	0.18%	0.35%	0.18%
	LVS	C	0.04%	0.06%	0.04%
	LYV	A	0.04%	0.06%	0.04%
	MA	C	0.82%	1.35%	0.82%
	MAA	B	0.04%	0.08%	0.04%
	MANH	D	0.03%	0.07%	0.03%
	MAR	B	0.13%	0.2%	0.13%
	MCD	D	0.4%	0.7%	0.4%
	MCHP	D	0.07%	0.11%	0.07%
	MCK	B	0.16%	0.29%	0.16%
	MCO	B	0.15%	0.22%	0.15%
	MDB	C	0.04%	0.07%	0.04%
	MDT	D	0.21%	0.35%	0.21%
	MELI	D	0.17%	0.45%	0.17%
	META	D	2.39%	3.94%	2.39%
	MGM	D	0.02%	0.03%	0.02%
	MKTX	D	0.02%	0.03%	0.02%
	MOH	F	0.03%	0.07%	0.03%
	MPWR	F	0.05%	0.14%	0.05%
	MRVL	B	0.15%	0.23%	0.15%
	MS	A	0.31%	0.5%	0.31%
	MSCI	C	0.09%	0.14%	0.09%
	MSFT	F	5.65%	4.69%	4.69%
	MSI	B	0.16%	0.23%	0.16%
	MSTR	C	0.14%	0.15%	0.14%
	MTCH	D	0.01%	0.02%	0.01%
	MU	D	0.21%	0.35%	0.21%
	NDAQ	A	0.07%	0.11%	0.07%
	NET	B	0.06%	0.09%	0.06%
	NFLX	A	0.73%	1.17%	0.73%
	NOW	A	0.4%	0.74%	0.4%
	NTAP	C	0.05%	0.08%	0.05%
	NTRS	A	0.04%	0.08%	0.04%
	NVDA	C	6.92%	5.39%	5.39%
	NWSA	B	0.02%	0.03%	0.02%
	NXPI	D	0.11%	0.18%	0.11%
	O	D	0.1%	0.16%	0.1%
	OKTA	C	0.02%	0.04%	0.02%
	OMC	C	0.04%	0.07%	0.04%
	ON	D	0.06%	0.1%	0.06%
	ORCL	B	0.61%	0.98%	0.61%
	ORLY	B	0.14%	0.29%	0.14%
	PANW	C	0.24%	0.38%	0.24%
	PARA	C	0.01%	0.02%	0.01%
	PINS	D	0.03%	0.06%	0.03%
	PLD	D	0.2%	0.33%	0.2%
	PLTR	B	0.24%	0.38%	0.24%
	PODD	C	0.04%	0.06%	0.04%
	POOL	C	0.03%	0.04%	0.03%
	PSA	D	0.1%	0.16%	0.1%
	PSTG	D	0.03%	0.05%	0.03%
	PTC	A	0.04%	0.09%	0.04%
	PYPL	B	0.16%	0.27%	0.16%
	QCOM	F	0.33%	0.56%	0.33%
	QRVO	F	0.01%	0.02%	0.01%
	RBLX	C	0.05%	0.07%	0.05%
	RCL	A	0.11%	0.16%	0.11%
	REG	B	0.03%	0.03%	0.03%
	RJF	A	0.06%	0.11%	0.06%
	RMD	C	0.07%	0.11%	0.07%
	ROKU	D	0.02%	0.04%	0.02%
	ROP	B	0.11%	0.2%	0.11%
	ROST	C	0.09%	0.13%	0.09%
	SBAC	D	0.05%	0.05%	0.05%
	SBUX	A	0.21%	0.35%	0.21%
	SCHW	B	0.23%	0.37%	0.23%
	SEIC	B	0.02%	0.02%	0.02%
	SMCI	F	0.03%	0.05%	0.03%
	SNAP	C	0.02%	0.04%	0.02%
	SNOW	C	0.08%	0.12%	0.08%
	SNPS	B	0.16%	0.26%	0.16%
	SOLV	C	0.02%	0.03%	0.02%
	SPG	B	0.11%	0.17%	0.11%
	SPGI	C	0.31%	0.48%	0.31%
	SQ	B	0.1%	0.14%	0.1%
	STE	F	0.04%	0.05%	0.04%
	STT	A	0.06%	0.09%	0.06%
	STX	D	0.04%	0.07%	0.04%
	SUI	D	0.03%	0.06%	0.03%
	SWKS	F	0.03%	0.04%	0.03%
	SYF	B	0.05%	0.08%	0.05%
	SYK	C	0.26%	0.41%	0.26%
	SYY	B	0.07%	0.13%	0.07%
	TDY	B	0.04%	0.06%	0.04%
	TEAM	A	0.08%	0.12%	0.08%
	TER	D	0.03%	0.05%	0.03%
	TFX	F	0.02%	0.05%	0.02%
	TGT	F	0.11%	0.22%	0.11%
	TJX	A	0.26%	0.43%	0.26%
	TOST	B	0.03%	0.05%	0.03%
	TRMB	B	0.03%	0.05%	0.03%
	TROW	B	0.05%	0.08%	0.05%
	TSCO	D	0.06%	0.07%	0.06%
	TTD	B	0.11%	0.18%	0.11%
	TTWO	A	0.06%	0.09%	0.06%
	TW	A	0.03%	0.06%	0.03%
	TWLO	A	0.03%	0.05%	0.03%
	TXN	C	0.35%	0.58%	0.35%
	TYL	B	0.05%	0.14%	0.05%
	UDR	B	0.03%	0.04%	0.03%
	UHS	D	0.02%	0.05%	0.02%
	ULTA	F	0.03%	0.09%	0.03%
	UNH	C	1.07%	1.71%	1.07%
	V	A	0.93%	1.52%	0.93%
	VEEV	C	0.06%	0.11%	0.06%
	VICI	C	0.06%	0.1%	0.06%
	VRSN	F	0.03%	0.04%	0.03%
	VTR	C	0.05%	0.08%	0.05%
	WBA	F	0.01%	0.02%	0.01%
	WBD	C	0.04%	0.07%	0.04%
	WDAY	B	0.11%	0.19%	0.11%
	WDC	D	0.04%	0.06%	0.04%
	WELL	A	0.16%	0.25%	0.16%
	WMT	A	0.74%	1.18%	0.74%
	WPC	D	0.02%	0.04%	0.02%
	WSM	B	0.04%	0.06%	0.04%
	WY	D	0.04%	0.07%	0.04%
	WYNN	D	0.02%	0.02%	0.02%
	YUM	B	0.07%	0.13%	0.07%
	ZBH	C	0.04%	0.08%	0.04%
	ZBRA	B	0.04%	0.09%	0.04%
	ZM	B	0.04%	0.06%	0.04%
	ZS	C	0.04%	0.05%	0.04%

PBUS Overweight 310 Positions Relative to GLBL

	Symbol	Grade	Weight
	TSLA	B	1.89%
	JPM	A	1.33%
	LLY	F	1.17%
	XOM	B	1.04%
	PG	A	0.78%
	JNJ	D	0.71%
	BAC	A	0.62%
	ABBV	D	0.57%
	CVX	A	0.54%
	KO	D	0.5%
	WFC	A	0.49%
	MRK	F	0.48%
	LIN	D	0.42%
	PEP	F	0.42%
	PM	B	0.39%
	TMO	F	0.38%
	GE	D	0.37%
	CAT	B	0.36%
	VZ	C	0.34%
	BKNG	A	0.33%
	T	A	0.32%
	RTX	C	0.31%
	AMGN	D	0.3%
	DHR	F	0.3%
	NEE	D	0.3%
	PGR	A	0.29%
	ETN	A	0.28%
	HON	B	0.28%
	PFE	D	0.27%
	UNP	C	0.27%
	C	A	0.25%
	UBER	D	0.25%
	COP	C	0.25%
	ADP	B	0.24%
	TMUS	B	0.24%
	BMY	B	0.23%
	LMT	D	0.22%
	VRTX	F	0.22%
	CB	C	0.21%
	MMC	B	0.21%
	GILD	C	0.21%
	DE	A	0.2%
	BA	F	0.2%
	SO	D	0.19%
	UPS	C	0.19%
	TT	A	0.18%
	GEV	B	0.18%
	MO	A	0.18%
	MDLZ	F	0.17%
	WM	A	0.17%
	DUK	C	0.17%
	NKE	D	0.17%
	PH	A	0.17%
	SHW	A	0.17%
	PNC	B	0.16%
	EOG	A	0.15%
	USB	A	0.15%
	CTAS	B	0.15%
	ITW	B	0.15%
	ZTS	D	0.15%
	REGN	F	0.15%
	MMM	D	0.14%
	WMB	A	0.14%
	APD	A	0.14%
	CL	D	0.14%
	EMR	A	0.14%
	TDG	D	0.14%
	CEG	D	0.14%
	AON	A	0.14%
	GD	F	0.13%
	OKE	A	0.13%
	FDX	B	0.13%
	CSX	B	0.13%
	NOC	D	0.13%
	CARR	D	0.12%
	TFC	A	0.12%
	ECL	D	0.12%
	SLB	C	0.12%
	GM	B	0.12%
	FCX	D	0.12%
	AJG	B	0.12%
	URI	B	0.11%
	PSX	C	0.11%
	KMI	A	0.11%
	JCI	C	0.11%
	MPC	D	0.11%
	PCAR	B	0.11%
	NSC	B	0.11%
	SRE	A	0.11%
	FICO	B	0.11%
	TRV	B	0.11%
	AFL	B	0.11%
	CMI	A	0.1%
	NEM	D	0.1%
	AIG	B	0.1%
	MET	A	0.1%
	LNG	B	0.1%
	AZO	C	0.1%
	AEP	D	0.1%
	GWW	B	0.1%
	ALL	A	0.1%
	VST	B	0.1%
	PRU	A	0.09%
	BKR	B	0.09%
	AME	A	0.09%
	PEG	A	0.09%
	KVUE	A	0.09%
	HWM	A	0.09%
	PAYX	C	0.09%
	KMB	D	0.09%
	VLO	C	0.09%
	LHX	C	0.09%
	RSG	A	0.09%
	FAST	B	0.09%
	FLUT	A	0.09%
	CPRT	A	0.09%
	WCN	A	0.09%
	DHI	D	0.09%
	D	C	0.09%
	PWR	A	0.09%
	VRT	B	0.09%
	EXC	C	0.08%
	MNST	C	0.08%
	STZ	D	0.08%
	VRSK	A	0.08%
	OTIS	C	0.08%
	LEN	D	0.08%
	CBRE	B	0.08%
	HES	B	0.08%
	CTVA	C	0.08%
	IR	B	0.08%
	F	C	0.08%
	ODFL	B	0.08%
	PCG	A	0.08%
	TRGP	B	0.08%
	AXON	A	0.08%
	OXY	D	0.07%
	FANG	D	0.07%
	DD	D	0.07%
	WAB	B	0.07%
	KDP	D	0.07%
	HIG	B	0.07%
	LULU	C	0.07%
	IQV	D	0.07%
	GIS	D	0.07%
	NUE	C	0.07%
	MTB	A	0.07%
	ACGL	D	0.07%
	MLM	B	0.07%
	VMC	B	0.07%
	A	D	0.07%
	XEL	A	0.07%
	PPG	F	0.06%
	SW	A	0.06%
	XYL	D	0.06%
	TPL	A	0.06%
	DOW	F	0.06%
	EFX	F	0.06%
	GRMN	B	0.06%
	CSGP	D	0.06%
	WEC	A	0.06%
	FITB	A	0.06%
	ALNY	D	0.06%
	WTW	B	0.06%
	ROK	B	0.06%
	ETR	B	0.06%
	EIX	B	0.06%
	ED	D	0.06%
	CINF	A	0.05%
	EME	C	0.05%
	RF	A	0.05%
	DVN	F	0.05%
	AEE	A	0.05%
	HUBB	B	0.05%
	DTE	C	0.05%
	PPL	B	0.05%
	HBAN	A	0.05%
	HSY	F	0.05%
	VLTO	D	0.05%
	EQT	B	0.05%
	BR	A	0.05%
	MTD	D	0.05%
	ADM	D	0.05%
	FTV	C	0.05%
	BRO	B	0.05%
	DECK	A	0.05%
	AWK	D	0.05%
	PHM	D	0.05%
	CHD	B	0.05%
	DOV	A	0.05%
	NVR	D	0.05%
	HAL	C	0.05%
	KHC	F	0.05%
	RS	B	0.04%
	WSO	A	0.04%
	BALL	D	0.04%
	BAH	F	0.04%
	WRB	A	0.04%
	TRU	D	0.04%
	IP	B	0.04%
	MKC	D	0.04%
	SNA	A	0.04%
	NRG	B	0.04%
	PFG	D	0.04%
	CNP	B	0.04%
	CSL	C	0.04%
	CTRA	B	0.04%
	LII	A	0.04%
	CMS	C	0.04%
	BLDR	D	0.04%
	LDOS	C	0.04%
	CFG	B	0.04%
	CLX	B	0.04%
	ILMN	D	0.04%
	LYB	F	0.04%
	MKL	A	0.04%
	STLD	B	0.04%
	ES	D	0.04%
	WAT	B	0.04%
	ATO	A	0.04%
	FCNCA	A	0.04%
	K	A	0.04%
	PKG	A	0.04%
	BIIB	F	0.04%
	IFF	D	0.04%
	WST	C	0.04%
	FE	C	0.04%
	AVTR	F	0.03%
	RVTY	F	0.03%
	NDSN	B	0.03%
	ROL	B	0.03%
	APTV	D	0.03%
	JBHT	C	0.03%
	EVRG	A	0.03%
	ACM	A	0.03%
	AMCR	D	0.03%
	GGG	B	0.03%
	UTHR	C	0.03%
	EL	F	0.03%
	FNF	B	0.03%
	VTRS	A	0.03%
	TXT	D	0.03%
	AVY	D	0.03%
	HEI	B	0.03%
	LNT	A	0.03%
	L	A	0.03%
	EG	C	0.03%
	SSNC	B	0.03%
	MRO	B	0.03%
	CF	B	0.03%
	OC	A	0.03%
	NI	A	0.03%
	IEX	B	0.03%
	EXPD	D	0.03%
	MAS	D	0.03%
	J	F	0.03%
	PNR	A	0.03%
	RPM	A	0.03%
	KEY	B	0.03%
	TSN	B	0.03%
	CE	F	0.02%
	MOS	F	0.02%
	CHRD	D	0.02%
	APA	D	0.02%
	CPB	D	0.02%
	TTC	D	0.02%
	AOS	F	0.02%
	HRL	D	0.02%
	KNX	B	0.02%
	CRL	C	0.02%
	AES	F	0.02%
	FBIN	D	0.02%
	EXAS	D	0.02%
	RPRX	D	0.02%
	CNH	C	0.02%
	AFG	A	0.02%
	WTRG	B	0.02%
	DAL	C	0.02%
	CTLT	B	0.02%
	TECH	D	0.02%
	CCK	C	0.02%
	PAYC	B	0.02%
	LW	C	0.02%
	AIZ	A	0.02%
	ERIE	D	0.02%
	TAP	C	0.02%
	BMRN	D	0.02%
	INCY	C	0.02%
	SJM	D	0.02%
	EMN	D	0.02%
	HEI	B	0.02%
	Z	A	0.02%
	DAY	B	0.02%
	MRNA	F	0.02%
	NBIX	C	0.02%
	OVV	B	0.02%
	CHRW	C	0.02%
	ALLE	D	0.02%
	BG	F	0.02%
	ALB	C	0.02%
	CAG	D	0.02%
	SWK	D	0.02%
	CELH	F	0.01%
	LUV	C	0.01%
	WLK	D	0.01%
	UHAL	D	0.01%
	DINO	D	0.01%
	BIO	D	0.01%
	RIVN	F	0.01%
	HII	D	0.01%

PBUS Underweight 6 Positions Relative to GLBL

	Symbol	Grade	Weight
	TM	D	-0.55%
	UL	D	-0.44%
	TD	F	-0.3%
	CNI	D	-0.18%
	HMC	F	-0.12%
	AGCO	D	-0.02%

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors 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

GLBL: Top Represented Industries & Keywords

Industries: Software - Application Asset Management Semiconductors Capital Markets REIT - Residential Software - Infrastructure Specialty Retail Internet Content & Information Medical Devices Credit Services Health Care Plans Medical Instruments & Supplies Business Services Discount Stores Information Technology Services Restaurants Semiconductor Equipment & Materials REIT - Diversified Communication Equipment Data Storage

Keywords: S&P 500 Nasdaq 100 Computing Real Estate Investment Trust Cloud Computing Medicine Mobile Devices Semiconductor Telecommunications Work From Home Dow Jones Component Electronics Cloud Infrastructure Integrated Circuits Software Insurance Software As A Service IBD 50 Operating System Real Estate Market