PBUS vs. IWD ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to iShares Russell 1000 Value ETF (IWD)

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

IWD

iShares Russell 1000 Value ETF

IWD Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 1000 Value Index (the "underlying index"), which measures the performance of large- and mid-capitalization value sectors of the U.S. equity market. It is a subset of the Russell 1000® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$197.71

Average Daily Volume

1,616,962

Number of Holdings ^*

865

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	IWD
30 Days	3.61%	3.53%
60 Days	5.14%	4.90%
90 Days	6.91%	6.95%
12 Months	33.43%	29.54%

484 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in IWD	Overlap
	A	D	0.07%	0.15%	0.07%
	ABBV	D	0.57%	0.65%	0.57%
	ABT	B	0.38%	0.78%	0.38%
	ACGL	D	0.07%	0.14%	0.07%
	ACI	C	0.01%	0.03%	0.01%
	ACM	A	0.03%	0.06%	0.03%
	ACN	C	0.44%	0.86%	0.44%
	ADI	D	0.2%	0.4%	0.2%
	ADM	D	0.05%	0.1%	0.05%
	ADP	B	0.24%	0.03%	0.03%
	AEE	A	0.05%	0.09%	0.05%
	AEP	D	0.1%	0.2%	0.1%
	AES	F	0.02%	0.04%	0.02%
	AFG	A	0.02%	0.04%	0.02%
	AFL	B	0.11%	0.24%	0.11%
	AIG	B	0.1%	0.19%	0.1%
	AIZ	A	0.02%	0.04%	0.02%
	AJG	B	0.12%	0.23%	0.12%
	AKAM	D	0.03%	0.05%	0.03%
	ALB	C	0.02%	0.05%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.17%	0.1%
	ALLE	D	0.02%	0.05%	0.02%
	ALLY	C	0.02%	0.03%	0.02%
	ALNY	D	0.06%	0.01%	0.01%
	AMAT	F	0.3%	0.04%	0.04%
	AMCR	D	0.03%	0.06%	0.03%
	AMD	F	0.43%	0.29%	0.29%
	AME	A	0.09%	0.17%	0.09%
	AMGN	D	0.3%	0.13%	0.13%
	AMH	D	0.02%	0.05%	0.02%
	AMP	A	0.11%	0.02%	0.02%
	ANSS	B	0.06%	0.11%	0.06%
	AON	A	0.14%	0.29%	0.14%
	AOS	F	0.02%	0.03%	0.02%
	APA	D	0.02%	0.03%	0.02%
	APD	A	0.13%	0.27%	0.13%
	APH	A	0.17%	0.14%	0.14%
	APO	B	0.13%	0.08%	0.08%
	APTV	D	0.03%	0.06%	0.03%
	ARE	D	0.03%	0.07%	0.03%
	ATO	A	0.04%	0.08%	0.04%
	AVB	B	0.06%	0.13%	0.06%
	AVTR	F	0.03%	0.05%	0.03%
	AVY	D	0.03%	0.04%	0.03%
	AWK	D	0.05%	0.1%	0.05%
	AXP	A	0.32%	0.39%	0.32%
	AZO	C	0.1%	0.02%	0.02%
	BA	F	0.19%	0.31%	0.19%
	BAC	A	0.62%	1.23%	0.62%
	BALL	D	0.04%	0.07%	0.04%
	BAX	D	0.03%	0.06%	0.03%
	BBWI	D	0.01%	0.03%	0.01%
	BBY	D	0.04%	0.08%	0.04%
	BDX	F	0.13%	0.25%	0.13%
	BEN	C	0.01%	0.02%	0.01%
	BG	F	0.02%	0.05%	0.02%
	BIIB	F	0.05%	0.09%	0.05%
	BIO	D	0.01%	0.02%	0.01%
	BK	A	0.11%	0.22%	0.11%
	BKNG	A	0.32%	0.04%	0.04%
	BKR	B	0.08%	0.17%	0.08%
	BLDR	D	0.04%	0.07%	0.04%
	BLK	C	0.3%	0.6%	0.3%
	BMRN	D	0.02%	0.05%	0.02%
	BMY	B	0.23%	0.44%	0.23%
	BR	A	0.05%	0.01%	0.01%
	BRK.A	B	1.19%	3.35%	1.19%
	BRO	B	0.05%	0.06%	0.05%
	BSX	B	0.25%	0.5%	0.25%
	BXP	D	0.02%	0.05%	0.02%
	C	A	0.25%	0.51%	0.25%
	CAG	D	0.03%	0.05%	0.03%
	CAH	B	0.06%	0.05%	0.05%
	CARR	D	0.12%	0.24%	0.12%
	CAT	B	0.36%	0.63%	0.36%
	CB	C	0.21%	0.45%	0.21%
	CBOE	B	0.04%	0.08%	0.04%
	CBRE	B	0.08%	0.16%	0.08%
	CCI	D	0.09%	0.18%	0.09%
	CCK	C	0.02%	0.04%	0.02%
	CCL	B	0.05%	0.09%	0.05%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.14%	0.23%	0.14%
	CF	B	0.03%	0.06%	0.03%
	CFG	B	0.04%	0.08%	0.04%
	CG	A	0.02%	0.04%	0.02%
	CHD	B	0.05%	0.1%	0.05%
	CHRD	D	0.02%	0.03%	0.02%
	CHRW	C	0.02%	0.05%	0.02%
	CHTR	C	0.07%	0.14%	0.07%
	CI	F	0.18%	0.32%	0.18%
	CINF	A	0.04%	0.09%	0.04%
	CL	D	0.14%	0.13%	0.13%
	CMCSA	B	0.33%	0.64%	0.33%
	CME	A	0.15%	0.32%	0.15%
	CMI	A	0.1%	0.19%	0.1%
	CMS	C	0.04%	0.08%	0.04%
	CNC	D	0.06%	0.12%	0.06%
	CNH	C	0.02%	0.04%	0.02%
	CNP	B	0.04%	0.08%	0.04%
	COF	B	0.13%	0.27%	0.13%
	COIN	C	0.1%	0.04%	0.04%
	COP	C	0.25%	0.51%	0.25%
	CPB	D	0.02%	0.03%	0.02%
	CPRT	A	0.1%	0.01%	0.01%
	CPT	B	0.02%	0.05%	0.02%
	CRL	C	0.02%	0.04%	0.02%
	CRM	B	0.62%	0.18%	0.18%
	CSCO	B	0.45%	0.91%	0.45%
	CSGP	D	0.06%	0.11%	0.06%
	CSL	C	0.04%	0.07%	0.04%
	CSX	B	0.13%	0.27%	0.13%
	CTAS	B	0.15%	0.01%	0.01%
	CTLT	B	0.02%	0.04%	0.02%
	CTRA	B	0.04%	0.07%	0.04%
	CTSH	B	0.08%	0.15%	0.08%
	CTVA	C	0.08%	0.15%	0.08%
	CVS	D	0.13%	0.26%	0.13%
	CVX	A	0.54%	1.08%	0.54%
	D	C	0.09%	0.19%	0.09%
	DAL	C	0.02%	0.16%	0.02%
	DASH	A	0.1%	0.03%	0.03%
	DAY	B	0.02%	0.04%	0.02%
	DD	D	0.07%	0.13%	0.07%
	DE	A	0.2%	0.39%	0.2%
	DELL	C	0.07%	0.12%	0.07%
	DFS	B	0.08%	0.17%	0.08%
	DG	F	0.03%	0.06%	0.03%
	DGX	A	0.03%	0.07%	0.03%
	DHI	D	0.09%	0.19%	0.09%
	DHR	F	0.31%	0.58%	0.31%
	DINO	D	0.01%	0.03%	0.01%
	DIS	B	0.38%	0.82%	0.38%
	DKS	C	0.02%	0.04%	0.02%
	DLR	B	0.11%	0.23%	0.11%
	DLTR	F	0.03%	0.05%	0.03%
	DOC	D	0.03%	0.06%	0.03%
	DOV	A	0.05%	0.11%	0.05%
	DOW	F	0.06%	0.12%	0.06%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.1%	0.05%
	DUK	C	0.16%	0.34%	0.16%
	DVN	F	0.05%	0.09%	0.05%
	EA	A	0.08%	0.17%	0.08%
	EBAY	D	0.06%	0.12%	0.06%
	ECL	D	0.12%	0.03%	0.03%
	ED	D	0.06%	0.13%	0.06%
	EFX	F	0.06%	0.09%	0.06%
	EG	C	0.03%	0.05%	0.03%
	EIX	B	0.06%	0.12%	0.06%
	EL	F	0.03%	0.04%	0.03%
	ELS	C	0.02%	0.05%	0.02%
	ELV	F	0.18%	0.3%	0.18%
	EME	C	0.04%	0.05%	0.04%
	EMN	D	0.02%	0.05%	0.02%
	EMR	A	0.14%	0.28%	0.14%
	EOG	A	0.15%	0.3%	0.15%
	EPAM	C	0.03%	0.05%	0.03%
	EQIX	A	0.17%	0.31%	0.17%
	EQR	B	0.05%	0.11%	0.05%
	EQT	B	0.05%	0.09%	0.05%
	ES	D	0.04%	0.08%	0.04%
	ESS	B	0.04%	0.07%	0.04%
	ETN	A	0.28%	0.56%	0.28%
	ETR	B	0.06%	0.12%	0.06%
	EVRG	A	0.03%	0.06%	0.03%
	EW	C	0.08%	0.13%	0.08%
	EXAS	D	0.02%	0.02%	0.02%
	EXC	C	0.07%	0.15%	0.07%
	EXPD	D	0.03%	0.06%	0.03%
	EXR	D	0.07%	0.13%	0.07%
	F	C	0.08%	0.17%	0.08%
	FANG	D	0.07%	0.13%	0.07%
	FAST	B	0.09%	0.03%	0.03%
	FBIN	D	0.02%	0.04%	0.02%
	FCNCA	A	0.04%	0.1%	0.04%
	FCX	D	0.12%	0.24%	0.12%
	FDS	B	0.04%	0.05%	0.04%
	FDX	B	0.13%	0.26%	0.13%
	FE	C	0.04%	0.09%	0.04%
	FFIV	B	0.03%	0.05%	0.03%
	FI	A	0.24%	0.32%	0.24%
	FICO	B	0.11%	0.03%	0.03%
	FIS	C	0.09%	0.19%	0.09%
	FITB	A	0.06%	0.12%	0.06%
	FNF	B	0.03%	0.06%	0.03%
	FOX	A	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.04%	0.02%
	FSLR	F	0.04%	0.08%	0.04%
	FTNT	C	0.12%	0.04%	0.04%
	FTV	C	0.05%	0.1%	0.05%
	GD	F	0.13%	0.31%	0.13%
	GE	D	0.37%	0.59%	0.37%
	GEHC	F	0.07%	0.13%	0.07%
	GEN	B	0.03%	0.06%	0.03%
	GEV	B	0.17%	0.35%	0.17%
	GGG	B	0.03%	0.06%	0.03%
	GILD	C	0.22%	0.43%	0.22%
	GIS	D	0.07%	0.14%	0.07%
	GLPI	C	0.03%	0.05%	0.03%
	GLW	B	0.07%	0.14%	0.07%
	GM	B	0.13%	0.25%	0.13%
	GPC	D	0.03%	0.07%	0.03%
	GPN	B	0.06%	0.12%	0.06%
	GRMN	B	0.06%	0.13%	0.06%
	GS	A	0.36%	0.53%	0.36%
	GWW	B	0.1%	0.03%	0.03%
	H	B	0.01%	0.02%	0.01%
	HAL	C	0.05%	0.1%	0.05%
	HBAN	A	0.05%	0.1%	0.05%
	HCA	F	0.13%	0.19%	0.13%
	HD	A	0.77%	0.32%	0.32%
	HES	B	0.08%	0.06%	0.06%
	HIG	B	0.07%	0.13%	0.07%
	HII	D	0.01%	0.03%	0.01%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.07%	0.04%
	HON	B	0.29%	0.49%	0.29%
	HOOD	B	0.03%	0.08%	0.03%
	HPE	B	0.05%	0.11%	0.05%
	HPQ	B	0.07%	0.11%	0.07%
	HRL	D	0.02%	0.03%	0.02%
	HSIC	B	0.02%	0.03%	0.02%
	HST	C	0.02%	0.05%	0.02%
	HSY	F	0.05%	0.08%	0.05%
	HUBB	B	0.05%	0.09%	0.05%
	HUM	C	0.07%	0.13%	0.07%
	HWM	A	0.08%	0.17%	0.08%
	IBM	C	0.37%	0.73%	0.37%
	ICE	C	0.17%	0.34%	0.17%
	IEX	B	0.03%	0.07%	0.03%
	IFF	D	0.04%	0.09%	0.04%
	ILMN	D	0.04%	0.08%	0.04%
	INCY	C	0.02%	0.04%	0.02%
	INTC	D	0.2%	0.4%	0.2%
	INVH	D	0.04%	0.08%	0.04%
	IP	B	0.04%	0.08%	0.04%
	IPG	D	0.02%	0.04%	0.02%
	IQV	D	0.07%	0.12%	0.07%
	IR	B	0.08%	0.16%	0.08%
	IRM	D	0.06%	0.06%	0.06%
	ITW	B	0.16%	0.2%	0.16%
	J	F	0.03%	0.07%	0.03%
	JBHT	C	0.03%	0.06%	0.03%
	JBL	B	0.03%	0.05%	0.03%
	JCI	C	0.11%	0.22%	0.11%
	JKHY	D	0.02%	0.05%	0.02%
	JNJ	D	0.7%	1.45%	0.7%
	JNPR	F	0.02%	0.05%	0.02%
	JPM	A	1.33%	2.74%	1.33%
	K	A	0.04%	0.08%	0.04%
	KDP	D	0.07%	0.14%	0.07%
	KEY	B	0.03%	0.07%	0.03%
	KEYS	A	0.05%	0.1%	0.05%
	KHC	F	0.06%	0.11%	0.06%
	KIM	A	0.03%	0.06%	0.03%
	KKR	A	0.18%	0.28%	0.18%
	KMB	D	0.09%	0.1%	0.09%
	KMI	A	0.1%	0.21%	0.1%
	KMX	B	0.02%	0.04%	0.02%
	KNX	B	0.02%	0.03%	0.02%
	KO	D	0.49%	0.4%	0.4%
	KR	B	0.08%	0.15%	0.08%
	KVUE	A	0.09%	0.18%	0.09%
	L	A	0.03%	0.06%	0.03%
	LDOS	C	0.04%	0.08%	0.04%
	LEN	D	0.08%	0.16%	0.08%
	LEN	D	0.08%	0.01%	0.01%
	LH	C	0.04%	0.08%	0.04%
	LHX	C	0.09%	0.18%	0.09%
	LIN	D	0.42%	0.84%	0.42%
	LKQ	D	0.02%	0.04%	0.02%
	LMT	D	0.22%	0.3%	0.22%
	LNG	B	0.09%	0.09%	0.09%
	LNT	A	0.03%	0.06%	0.03%
	LOW	D	0.3%	0.6%	0.3%
	LUV	C	0.01%	0.08%	0.01%
	LW	C	0.02%	0.03%	0.02%
	LYB	F	0.04%	0.08%	0.04%
	MAA	B	0.03%	0.07%	0.03%
	MAR	B	0.13%	0.25%	0.13%
	MAS	D	0.03%	0.07%	0.03%
	MCD	D	0.41%	0.77%	0.41%
	MCHP	D	0.07%	0.13%	0.07%
	MCK	B	0.15%	0.17%	0.15%
	MDLZ	F	0.17%	0.34%	0.17%
	MDT	D	0.21%	0.44%	0.21%
	MET	A	0.1%	0.19%	0.1%
	MGM	D	0.02%	0.03%	0.02%
	MKC	D	0.04%	0.07%	0.04%
	MKL	A	0.04%	0.07%	0.04%
	MKTX	D	0.02%	0.04%	0.02%
	MLM	B	0.07%	0.13%	0.07%
	MMC	B	0.21%	0.37%	0.21%
	MMM	D	0.14%	0.23%	0.14%
	MNST	C	0.08%	0.03%	0.03%
	MO	A	0.18%	0.37%	0.18%
	MOH	F	0.03%	0.02%	0.02%
	MOS	F	0.02%	0.03%	0.02%
	MPC	D	0.11%	0.22%	0.11%
	MRNA	F	0.03%	0.05%	0.03%
	MRO	B	0.03%	0.06%	0.03%
	MRVL	B	0.15%	0.27%	0.15%
	MS	A	0.31%	0.57%	0.31%
	MSCI	C	0.09%	0.07%	0.07%
	MSI	B	0.16%	0.16%	0.16%
	MSTR	C	0.1%	0.19%	0.1%
	MTB	A	0.07%	0.14%	0.07%
	MTCH	D	0.02%	0.03%	0.02%
	MTD	D	0.05%	0.1%	0.05%
	MU	D	0.21%	0.41%	0.21%
	NDAQ	A	0.06%	0.13%	0.06%
	NDSN	B	0.03%	0.06%	0.03%
	NEE	D	0.3%	0.61%	0.3%
	NEM	D	0.09%	0.18%	0.09%
	NI	A	0.03%	0.06%	0.03%
	NKE	D	0.18%	0.14%	0.14%
	NOC	D	0.13%	0.27%	0.13%
	NRG	B	0.04%	0.04%	0.04%
	NSC	B	0.11%	0.23%	0.11%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.08%	0.04%
	NUE	C	0.07%	0.14%	0.07%
	NVR	D	0.05%	0.1%	0.05%
	NWSA	B	0.02%	0.04%	0.02%
	O	D	0.09%	0.19%	0.09%
	OC	A	0.03%	0.07%	0.03%
	OKE	A	0.12%	0.25%	0.12%
	OKTA	C	0.02%	0.03%	0.02%
	OMC	C	0.04%	0.07%	0.04%
	ON	D	0.06%	0.11%	0.06%
	ORLY	B	0.14%	0.02%	0.02%
	OTIS	C	0.08%	0.16%	0.08%
	OVV	B	0.02%	0.04%	0.02%
	OXY	D	0.06%	0.13%	0.06%
	PARA	C	0.01%	0.02%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	C	0.09%	0.11%	0.09%
	PCAR	B	0.12%	0.22%	0.12%
	PCG	A	0.08%	0.17%	0.08%
	PEG	A	0.08%	0.17%	0.08%
	PEP	F	0.44%	0.18%	0.18%
	PFE	D	0.28%	0.55%	0.28%
	PFG	D	0.04%	0.08%	0.04%
	PG	A	0.76%	1.21%	0.76%
	PGR	A	0.29%	0.09%	0.09%
	PH	A	0.17%	0.35%	0.17%
	PHM	D	0.05%	0.1%	0.05%
	PKG	A	0.04%	0.08%	0.04%
	PLD	D	0.2%	0.41%	0.2%
	PM	B	0.38%	0.78%	0.38%
	PNC	B	0.16%	0.32%	0.16%
	PNR	A	0.03%	0.07%	0.03%
	PPG	F	0.06%	0.11%	0.06%
	PPL	B	0.05%	0.1%	0.05%
	PRU	A	0.09%	0.18%	0.09%
	PSA	D	0.1%	0.18%	0.1%
	PSTG	D	0.03%	0.01%	0.01%
	PSX	C	0.11%	0.21%	0.11%
	PTC	A	0.04%	0.03%	0.03%
	PWR	A	0.09%	0.13%	0.09%
	PYPL	B	0.16%	0.34%	0.16%
	QCOM	F	0.35%	0.04%	0.04%
	QRVO	F	0.01%	0.02%	0.01%
	RCL	A	0.11%	0.14%	0.11%
	REG	B	0.02%	0.05%	0.02%
	REGN	F	0.16%	0.28%	0.16%
	RF	A	0.05%	0.09%	0.05%
	RIVN	F	0.01%	0.03%	0.01%
	RJF	A	0.06%	0.12%	0.06%
	RMD	C	0.06%	0.1%	0.06%
	ROK	B	0.06%	0.12%	0.06%
	ROKU	D	0.02%	0.03%	0.02%
	ROP	B	0.12%	0.23%	0.12%
	ROST	C	0.09%	0.14%	0.09%
	RPM	A	0.03%	0.05%	0.03%
	RPRX	D	0.02%	0.04%	0.02%
	RS	B	0.03%	0.07%	0.03%
	RSG	A	0.09%	0.17%	0.09%
	RTX	C	0.3%	0.61%	0.3%
	RVTY	F	0.03%	0.05%	0.03%
	SBAC	D	0.04%	0.09%	0.04%
	SBUX	A	0.22%	0.1%	0.1%
	SCHW	B	0.23%	0.42%	0.23%
	SEIC	B	0.02%	0.03%	0.02%
	SHW	A	0.18%	0.03%	0.03%
	SJM	D	0.02%	0.04%	0.02%
	SLB	C	0.12%	0.24%	0.12%
	SNA	A	0.04%	0.07%	0.04%
	SO	D	0.18%	0.37%	0.18%
	SOLV	C	0.02%	0.04%	0.02%
	SPG	B	0.11%	0.17%	0.11%
	SPGI	C	0.31%	0.61%	0.31%
	SQ	B	0.09%	0.11%	0.09%
	SRE	A	0.11%	0.23%	0.11%
	SSNC	B	0.03%	0.06%	0.03%
	STE	F	0.04%	0.08%	0.04%
	STLD	B	0.04%	0.08%	0.04%
	STT	A	0.05%	0.11%	0.05%
	STZ	D	0.08%	0.15%	0.08%
	SUI	D	0.03%	0.06%	0.03%
	SW	A	0.05%	0.1%	0.05%
	SWK	D	0.02%	0.05%	0.02%
	SWKS	F	0.03%	0.05%	0.03%
	SYF	B	0.05%	0.1%	0.05%
	SYK	C	0.25%	0.39%	0.25%
	SYY	B	0.07%	0.06%	0.06%
	T	A	0.31%	0.63%	0.31%
	TAP	C	0.02%	0.04%	0.02%
	TDG	D	0.14%	0.21%	0.14%
	TDY	B	0.04%	0.08%	0.04%
	TECH	D	0.02%	0.04%	0.02%
	TER	D	0.03%	0.01%	0.01%
	TFC	A	0.12%	0.24%	0.12%
	TFX	F	0.02%	0.04%	0.02%
	TGT	F	0.14%	0.27%	0.14%
	TJX	A	0.26%	0.22%	0.22%
	TMO	F	0.39%	0.76%	0.39%
	TMUS	B	0.24%	0.44%	0.24%
	TRMB	B	0.03%	0.07%	0.03%
	TROW	B	0.05%	0.1%	0.05%
	TRU	D	0.04%	0.07%	0.04%
	TRV	B	0.11%	0.23%	0.11%
	TSN	B	0.04%	0.07%	0.04%
	TT	A	0.18%	0.24%	0.18%
	TTC	D	0.02%	0.03%	0.02%
	TTWO	A	0.06%	0.12%	0.06%
	TW	A	0.03%	0.04%	0.03%
	TWLO	A	0.03%	0.05%	0.03%
	TXN	C	0.36%	0.63%	0.36%
	TXT	D	0.03%	0.06%	0.03%
	TYL	B	0.05%	0.01%	0.01%
	UDR	B	0.03%	0.06%	0.03%
	UHAL	D	0.01%	0.0%	0.0%
	UHAL	D	0.01%	0.01%	0.01%
	UHS	D	0.02%	0.05%	0.02%
	ULTA	F	0.03%	0.01%	0.01%
	UNH	C	1.05%	1.98%	1.05%
	UNP	C	0.28%	0.29%	0.28%
	UPS	C	0.19%	0.38%	0.19%
	URI	B	0.11%	0.16%	0.11%
	USB	A	0.15%	0.3%	0.15%
	UTHR	C	0.03%	0.06%	0.03%
	VICI	C	0.06%	0.13%	0.06%
	VLO	C	0.09%	0.17%	0.09%
	VLTO	D	0.05%	0.05%	0.05%
	VMC	B	0.07%	0.11%	0.07%
	VRSN	F	0.03%	0.06%	0.03%
	VRTX	F	0.24%	0.23%	0.23%
	VTR	C	0.05%	0.1%	0.05%
	VTRS	A	0.03%	0.06%	0.03%
	VZ	C	0.33%	0.68%	0.33%
	WAB	B	0.07%	0.13%	0.07%
	WAT	B	0.04%	0.03%	0.03%
	WBA	F	0.01%	0.02%	0.01%
	WBD	C	0.04%	0.09%	0.04%
	WDC	D	0.04%	0.08%	0.04%
	WEC	A	0.06%	0.12%	0.06%
	WELL	A	0.15%	0.32%	0.15%
	WFC	A	0.49%	1.01%	0.49%
	WLK	D	0.01%	0.02%	0.01%
	WMB	A	0.13%	0.27%	0.13%
	WMT	A	0.72%	1.42%	0.72%
	WPC	D	0.02%	0.05%	0.02%
	WRB	A	0.04%	0.07%	0.04%
	WSM	B	0.03%	0.03%	0.03%
	WSO	A	0.04%	0.07%	0.04%
	WST	C	0.05%	0.04%	0.04%
	WTRG	B	0.02%	0.04%	0.02%
	WTW	B	0.06%	0.12%	0.06%
	WY	D	0.04%	0.09%	0.04%
	WYNN	D	0.02%	0.03%	0.02%
	XEL	A	0.07%	0.15%	0.07%
	XOM	B	1.04%	2.08%	1.04%
	XYL	D	0.06%	0.11%	0.06%
	YUM	B	0.07%	0.09%	0.07%
	Z	A	0.02%	0.05%	0.02%
	ZBH	C	0.04%	0.09%	0.04%
	ZBRA	B	0.04%	0.06%	0.04%
	ZM	B	0.04%	0.08%	0.04%
	ZTS	D	0.15%	0.05%	0.05%

PBUS Overweight 102 Positions Relative to IWD

	Symbol	Grade	Weight
	NVDA	C	6.93%
	AAPL	C	6.38%
	MSFT	F	5.79%
	AMZN	C	3.8%
	META	D	2.43%
	GOOGL	C	1.98%
	GOOG	C	1.72%
	TSLA	B	1.71%
	AVGO	D	1.45%
	LLY	F	1.22%
	V	A	0.93%
	MA	C	0.83%
	COST	B	0.79%
	NFLX	A	0.69%
	ORCL	B	0.59%
	MRK	F	0.48%
	ADBE	C	0.45%
	NOW	A	0.41%
	INTU	C	0.38%
	ISRG	A	0.37%
	UBER	D	0.26%
	BX	A	0.25%
	PANW	C	0.24%
	PLTR	B	0.23%
	ANET	C	0.2%
	LRCX	F	0.19%
	KLAC	D	0.17%
	WM	A	0.17%
	AMT	D	0.17%
	CMG	B	0.16%
	CDNS	B	0.16%
	SNPS	B	0.16%
	MELI	D	0.16%
	MCO	B	0.15%
	CRWD	B	0.15%
	ADSK	A	0.13%
	TTD	B	0.11%
	NXPI	D	0.11%
	WDAY	B	0.11%
	APP	B	0.11%
	ABNB	C	0.11%
	WCN	A	0.09%
	FLUT	A	0.09%
	VST	B	0.09%
	TEAM	A	0.08%
	TRGP	B	0.08%
	VRSK	A	0.08%
	IT	C	0.08%
	VRT	B	0.08%
	AXON	A	0.08%
	COR	B	0.08%
	ODFL	B	0.08%
	IDXX	F	0.07%
	VEEV	C	0.07%
	DDOG	A	0.07%
	LULU	C	0.07%
	SNOW	C	0.07%
	DXCM	D	0.06%
	TSCO	D	0.06%
	ARES	A	0.06%
	HUBS	A	0.06%
	RBLX	C	0.05%
	CPAY	A	0.05%
	GDDY	A	0.05%
	DECK	A	0.05%
	MPWR	F	0.05%
	NET	B	0.05%
	TPL	A	0.05%
	ZS	C	0.04%
	STX	D	0.04%
	LII	A	0.04%
	BAH	F	0.04%
	CLX	B	0.04%
	LYV	A	0.04%
	MDB	C	0.04%
	LPLA	A	0.04%
	EXPE	B	0.04%
	POOL	C	0.03%
	ROL	B	0.03%
	TOST	B	0.03%
	ENTG	D	0.03%
	DT	C	0.03%
	EQH	B	0.03%
	HEI	B	0.03%
	DOCU	A	0.03%
	MANH	D	0.03%
	PINS	D	0.03%
	BURL	A	0.03%
	PODD	C	0.03%
	LVS	C	0.03%
	DKNG	B	0.03%
	DVA	B	0.02%
	CRBG	B	0.02%
	ENPH	F	0.02%
	SMCI	F	0.02%
	IOT	A	0.02%
	ERIE	D	0.02%
	SNAP	C	0.02%
	HEI	B	0.02%
	NBIX	C	0.02%
	CELH	F	0.01%
	BSY	D	0.01%

PBUS Underweight 381 Positions Relative to IWD

	Symbol	Grade	Weight
	CRH	A	-0.26%
	FERG	B	-0.15%
	UAL	A	-0.12%
	COO	D	-0.08%
	EXE	B	-0.08%
	CVNA	B	-0.07%
	IBKR	A	-0.07%
	EWBC	A	-0.06%
	THC	D	-0.06%
	USFD	A	-0.06%
	RGA	A	-0.06%
	TOL	B	-0.06%
	SOFI	A	-0.05%
	SCI	B	-0.05%
	NVT	B	-0.05%
	NTNX	A	-0.05%
	FTI	A	-0.05%
	CASY	A	-0.05%
	COHR	B	-0.05%
	ITT	A	-0.05%
	CLH	B	-0.05%
	UNM	A	-0.05%
	TPR	B	-0.05%
	AFRM	B	-0.05%
	RNR	C	-0.05%
	CW	B	-0.05%
	GMED	A	-0.04%
	REXR	F	-0.04%
	CMA	A	-0.04%
	BWXT	B	-0.04%
	INGR	B	-0.04%
	DCI	B	-0.04%
	RGLD	C	-0.04%
	ORI	A	-0.04%
	JEF	A	-0.04%
	PNFP	B	-0.04%
	BRBR	A	-0.04%
	FRT	B	-0.04%
	CIEN	B	-0.04%
	DOX	D	-0.04%
	GL	B	-0.04%
	DTM	B	-0.04%
	WAL	B	-0.04%
	ARMK	B	-0.04%
	EHC	B	-0.04%
	NLY	C	-0.04%
	OHI	C	-0.04%
	GME	C	-0.04%
	LAD	A	-0.04%
	ALSN	B	-0.04%
	AYI	B	-0.04%
	BLD	D	-0.04%
	WWD	B	-0.04%
	WBS	A	-0.04%
	CACI	D	-0.04%
	PRI	A	-0.04%
	PNW	B	-0.04%
	EVR	B	-0.04%
	CUBE	D	-0.04%
	FWONK	B	-0.04%
	PFGC	B	-0.04%
	ATR	B	-0.04%
	AA	B	-0.04%
	FHN	A	-0.04%
	RRX	B	-0.04%
	SF	B	-0.04%
	BJ	A	-0.04%
	COLB	A	-0.03%
	MTG	C	-0.03%
	CGNX	C	-0.03%
	FAF	A	-0.03%
	IVZ	B	-0.03%
	LSTR	D	-0.03%
	BILL	A	-0.03%
	STAG	F	-0.03%
	AZPN	A	-0.03%
	WEX	D	-0.03%
	HR	C	-0.03%
	AXS	A	-0.03%
	VMI	B	-0.03%
	MKSI	C	-0.03%
	FMC	D	-0.03%
	ALK	C	-0.03%
	WH	B	-0.03%
	HRB	D	-0.03%
	DAR	C	-0.03%
	FCN	D	-0.03%
	FND	C	-0.03%
	MTSI	B	-0.03%
	GXO	B	-0.03%
	RLI	B	-0.03%
	SSD	D	-0.03%
	FR	C	-0.03%
	ATI	D	-0.03%
	GNTX	C	-0.03%
	ELAN	D	-0.03%
	R	B	-0.03%
	ESAB	B	-0.03%
	VFC	C	-0.03%
	OSK	B	-0.03%
	AGNC	D	-0.03%
	VNO	B	-0.03%
	KBR	F	-0.03%
	CART	C	-0.03%
	MIDD	C	-0.03%
	SKX	D	-0.03%
	COKE	C	-0.03%
	MHK	D	-0.03%
	LBRDK	C	-0.03%
	PB	A	-0.03%
	CHE	D	-0.03%
	RHI	B	-0.03%
	JAZZ	B	-0.03%
	ADC	B	-0.03%
	KEX	C	-0.03%
	PR	B	-0.03%
	NNN	D	-0.03%
	BERY	B	-0.03%
	FLS	B	-0.03%
	BWA	D	-0.03%
	G	B	-0.03%
	RRC	B	-0.03%
	CZR	F	-0.03%
	SNV	B	-0.03%
	X	C	-0.03%
	TKO	B	-0.03%
	APG	B	-0.03%
	CFR	B	-0.03%
	LECO	B	-0.03%
	LAMR	D	-0.03%
	VOYA	B	-0.03%
	EGP	F	-0.03%
	RL	B	-0.03%
	GPK	C	-0.03%
	NYT	C	-0.03%
	MTZ	B	-0.03%
	CR	A	-0.03%
	JLL	D	-0.03%
	CBSH	A	-0.03%
	OGE	B	-0.03%
	FYBR	D	-0.03%
	WTFC	A	-0.03%
	GWRE	A	-0.03%
	ZION	B	-0.03%
	BRX	A	-0.03%
	TTEK	F	-0.03%
	AAL	B	-0.03%
	SNX	C	-0.03%
	AR	B	-0.03%
	HLI	B	-0.03%
	AXTA	A	-0.03%
	RBC	A	-0.03%
	WCC	B	-0.03%
	OGN	D	-0.02%
	LINE	F	-0.02%
	SITE	D	-0.02%
	HOG	D	-0.02%
	FLO	D	-0.02%
	TPG	A	-0.02%
	GTES	A	-0.02%
	GFS	C	-0.02%
	DLB	B	-0.02%
	M	D	-0.02%
	AN	C	-0.02%
	KMPR	B	-0.02%
	GAP	C	-0.02%
	AWI	A	-0.02%
	RYN	D	-0.02%
	SLGN	A	-0.02%
	PSN	D	-0.02%
	WSC	D	-0.02%
	EEFT	B	-0.02%
	DBX	B	-0.02%
	KRC	C	-0.02%
	CUZ	B	-0.02%
	AGO	B	-0.02%
	ST	F	-0.02%
	FRPT	B	-0.02%
	AVT	C	-0.02%
	CROX	D	-0.02%
	ROIV	C	-0.02%
	OLN	D	-0.02%
	TKR	D	-0.02%
	WTM	A	-0.02%
	HXL	D	-0.02%
	BYD	C	-0.02%
	SON	D	-0.02%
	AL	B	-0.02%
	UGI	A	-0.02%
	BFAM	D	-0.02%
	OZK	B	-0.02%
	POST	C	-0.02%
	SLM	A	-0.02%
	SN	D	-0.02%
	CCCS	B	-0.02%
	LEA	D	-0.02%
	CRUS	D	-0.02%
	LITE	B	-0.02%
	GNRC	B	-0.02%
	RITM	C	-0.02%
	BC	C	-0.02%
	THO	B	-0.02%
	NFG	A	-0.02%
	OLLI	D	-0.02%
	DOCS	C	-0.02%
	PVH	C	-0.02%
	WMS	D	-0.02%
	JHG	A	-0.02%
	SAIA	B	-0.02%
	THG	A	-0.02%
	AGCO	D	-0.02%
	AMG	B	-0.02%
	ONTO	D	-0.02%
	LNC	B	-0.02%
	FNB	A	-0.02%
	VNT	B	-0.02%
	LFUS	F	-0.02%
	IDA	A	-0.02%
	WHR	B	-0.02%
	RGEN	D	-0.02%
	S	B	-0.02%
	STWD	C	-0.02%
	ARW	D	-0.02%
	MTDR	B	-0.02%
	BPOP	B	-0.02%
	OMF	A	-0.02%
	SAIC	F	-0.02%
	COLD	D	-0.02%
	ESI	A	-0.02%
	NOV	C	-0.02%
	SIRI	C	-0.02%
	KD	B	-0.02%
	MSA	D	-0.02%
	MAT	D	-0.02%
	LLYVA	A	-0.01%
	DDS	B	-0.01%
	SNDR	B	-0.01%
	TRIP	F	-0.01%
	REYN	D	-0.01%
	FTRE	D	-0.01%
	LEG	F	-0.01%
	WEN	D	-0.01%
	EXEL	B	-0.01%
	GO	C	-0.01%
	UA	C	-0.01%
	QS	F	-0.01%
	CLVT	F	-0.01%
	BIRK	D	-0.01%
	ALAB	B	-0.01%
	CNXC	F	-0.01%
	VSTS	C	-0.01%
	CRI	D	-0.01%
	PPC	C	-0.01%
	QDEL	F	-0.01%
	AZEK	A	-0.01%
	RKT	F	-0.01%
	LBTYK	A	-0.01%
	KSS	F	-0.01%
	LCID	F	-0.01%
	INFA	D	-0.01%
	ETSY	D	-0.01%
	UAA	C	-0.01%
	LBTYA	B	-0.01%
	LYFT	C	-0.01%
	BRKR	D	-0.01%
	IPGP	D	-0.01%
	GLOB	B	-0.01%
	SHC	F	-0.01%
	ADT	C	-0.01%
	LPX	B	-0.01%
	RCM	F	-0.01%
	AAP	C	-0.01%
	CWEN	C	-0.01%
	WU	D	-0.01%
	AZTA	D	-0.01%
	YETI	C	-0.01%
	JWN	C	-0.01%
	HAYW	B	-0.01%
	SAM	C	-0.01%
	PINC	B	-0.01%
	ALGM	D	-0.01%
	SPB	C	-0.01%
	MP	B	-0.01%
	CPRI	F	-0.01%
	HHH	B	-0.01%
	EXP	A	-0.01%
	ENOV	C	-0.01%
	AGR	B	-0.01%
	MPW	F	-0.01%
	BOKF	B	-0.01%
	CC	C	-0.01%
	CXT	B	-0.01%
	COTY	F	-0.01%
	SEE	C	-0.01%
	COLM	B	-0.01%
	CNM	D	-0.01%
	AMKR	D	-0.01%
	VIRT	B	-0.01%
	ECG	C	-0.01%
	U	C	-0.01%
	AMED	F	-0.01%
	MAN	D	-0.01%
	SNRE	D	-0.01%
	PAG	B	-0.01%
	NSA	D	-0.01%
	LLYVK	A	-0.01%
	PK	B	-0.01%
	NXST	C	-0.01%
	IRDM	D	-0.01%
	BROS	B	-0.01%
	SPR	D	-0.01%
	PENN	C	-0.01%
	AMTM	D	-0.01%
	SMG	D	-0.01%
	LOPE	B	-0.01%
	BHF	B	-0.01%
	VAC	B	-0.01%
	ZI	D	-0.01%
	HUN	F	-0.01%
	AM	A	-0.01%
	HIW	D	-0.01%
	EPR	D	-0.01%
	MASI	A	-0.01%
	ZG	A	-0.01%
	PII	D	-0.01%
	ACHC	F	-0.01%
	FHB	A	-0.01%
	CLF	F	-0.01%
	IAC	D	-0.01%
	NVST	B	-0.01%
	NWS	B	-0.01%
	W	F	-0.01%
	PRGO	B	-0.01%
	VNOM	A	-0.01%
	TNL	A	-0.01%
	XRAY	F	-0.01%
	CIVI	D	-0.01%
	NWL	B	-0.01%
	DNB	B	-0.01%
	MDU	D	-0.01%
	MSGS	A	-0.01%
	NEU	C	-0.01%
	RH	B	-0.01%
	DXC	B	-0.01%
	PLNT	A	-0.01%
	OLED	D	-0.01%
	MSM	C	-0.01%
	ASH	D	-0.01%
	LOAR	A	-0.0%
	UWMC	D	-0.0%
	SEG	B	-0.0%
	PARAA	B	-0.0%
	NFE	D	-0.0%
	IONS	F	-0.0%
	LAZ	B	-0.0%
	GRAL	C	-0.0%
	TXG	F	-0.0%
	CACC	D	-0.0%
	PLTK	B	-0.0%
	DJT	C	-0.0%
	CHH	A	-0.0%
	SEB	F	-0.0%
	UI	A	-0.0%
	TFSL	A	-0.0%
	PATH	C	-0.0%
	WOLF	F	-0.0%
	LSCC	D	-0.0%
	FIVE	F	-0.0%
	CWEN	C	-0.0%
	HCP	B	-0.0%
	CAR	C	-0.0%
	MTN	C	-0.0%
	CNA	B	-0.0%
	PYCR	C	-0.0%
	HAS	D	-0.0%
	FWONA	B	-0.0%
	AS	B	-0.0%
	CERT	F	-0.0%
	DV	C	-0.0%
	LBRDA	C	-0.0%
	NCNO	B	-0.0%

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

IWD: Top Represented Industries & Keywords

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

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