PBUS vs. LGH ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to HCM Defender 500 Index ETF (LGH)

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

$59.04

Average Daily Volume

175,475

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$52.09

Average Daily Volume

23,282

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	LGH
30 Days	1.32%	1.31%
60 Days	4.39%	5.09%
90 Days	6.05%	6.71%
12 Months	32.48%	36.06%

450 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in LGH	Overlap
	A	F	0.07%	0.06%	0.06%
	AAPL	C	6.38%	6.46%	6.38%
	ABBV	F	0.57%	0.44%	0.44%
	ABNB	D	0.11%	0.08%	0.08%
	ABT	A	0.38%	0.29%	0.29%
	ACGL	D	0.07%	0.05%	0.05%
	ACN	C	0.44%	0.34%	0.34%
	ADBE	D	0.45%	0.33%	0.33%
	ADI	D	0.2%	0.15%	0.15%
	ADM	D	0.05%	0.04%	0.04%
	ADP	B	0.24%	0.18%	0.18%
	ADSK	B	0.13%	0.09%	0.09%
	AEE	A	0.05%	0.03%	0.03%
	AEP	C	0.1%	0.07%	0.07%
	AFL	C	0.11%	0.08%	0.08%
	AIG	C	0.1%	0.07%	0.07%
	AJG	B	0.12%	0.09%	0.09%
	AKAM	F	0.03%	0.02%	0.02%
	ALGN	D	0.03%	0.02%	0.02%
	ALL	A	0.1%	0.07%	0.07%
	ALNY	D	0.06%	0.05%	0.05%
	AMAT	F	0.3%	0.21%	0.21%
	AMD	F	0.43%	0.33%	0.33%
	AME	A	0.09%	0.06%	0.06%
	AMGN	D	0.3%	0.23%	0.23%
	AMP	A	0.11%	0.08%	0.08%
	AMT	D	0.17%	0.13%	0.13%
	AMZN	B	3.8%	3.73%	3.73%
	ANET	C	0.2%	0.13%	0.13%
	ANSS	B	0.06%	0.04%	0.04%
	AON	B	0.14%	0.1%	0.1%
	APD	A	0.13%	0.09%	0.09%
	APH	B	0.17%	0.12%	0.12%
	APO	A	0.13%	0.09%	0.09%
	ARE	F	0.03%	0.02%	0.02%
	ARES	A	0.06%	0.03%	0.03%
	ATO	A	0.04%	0.03%	0.03%
	AVB	B	0.06%	0.05%	0.05%
	AVGO	C	1.45%	1.43%	1.43%
	AVTR	F	0.03%	0.02%	0.02%
	AVY	D	0.03%	0.02%	0.02%
	AWK	C	0.05%	0.04%	0.04%
	AXON	A	0.08%	0.05%	0.05%
	AXP	B	0.32%	0.23%	0.23%
	AZO	C	0.1%	0.07%	0.07%
	BA	D	0.19%	0.11%	0.11%
	BAC	A	0.62%	0.46%	0.46%
	BAH	D	0.04%	0.03%	0.03%
	BALL	D	0.04%	0.03%	0.03%
	BAX	F	0.03%	0.03%	0.03%
	BBY	D	0.04%	0.03%	0.03%
	BDX	F	0.13%	0.1%	0.1%
	BG	D	0.02%	0.02%	0.02%
	BIIB	F	0.05%	0.04%	0.04%
	BK	B	0.11%	0.08%	0.08%
	BKNG	A	0.32%	0.24%	0.24%
	BKR	B	0.08%	0.06%	0.06%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	A	0.23%	0.18%	0.18%
	BR	B	0.05%	0.04%	0.04%
	BRK.A	B	1.19%	1.15%	1.15%
	BRO	B	0.05%	0.03%	0.03%
	BSX	A	0.25%	0.18%	0.18%
	BX	A	0.25%	0.18%	0.18%
	C	B	0.25%	0.18%	0.18%
	CAG	F	0.03%	0.02%	0.02%
	CAH	B	0.06%	0.04%	0.04%
	CARR	D	0.12%	0.09%	0.09%
	CAT	C	0.36%	0.27%	0.27%
	CB	C	0.21%	0.16%	0.16%
	CBOE	C	0.04%	0.03%	0.03%
	CBRE	B	0.08%	0.06%	0.06%
	CCI	C	0.09%	0.06%	0.06%
	CDNS	B	0.16%	0.11%	0.11%
	CDW	F	0.05%	0.04%	0.04%
	CEG	C	0.14%	0.1%	0.1%
	CF	A	0.03%	0.02%	0.02%
	CFG	B	0.04%	0.03%	0.03%
	CHD	A	0.05%	0.03%	0.03%
	CHTR	B	0.07%	0.05%	0.05%
	CI	D	0.18%	0.14%	0.14%
	CINF	A	0.04%	0.03%	0.03%
	CL	D	0.14%	0.11%	0.11%
	CLX	A	0.04%	0.03%	0.03%
	CMCSA	B	0.33%	0.26%	0.26%
	CME	A	0.15%	0.11%	0.11%
	CMG	C	0.16%	0.1%	0.1%
	CMI	A	0.1%	0.07%	0.07%
	CMS	C	0.04%	0.03%	0.03%
	CNC	F	0.06%	0.05%	0.05%
	CNP	A	0.04%	0.02%	0.02%
	COF	B	0.13%	0.1%	0.1%
	COIN	A	0.1%	0.09%	0.09%
	COP	B	0.25%	0.19%	0.19%
	COR	B	0.08%	0.06%	0.06%
	COST	A	0.79%	0.59%	0.59%
	CPAY	A	0.05%	0.03%	0.03%
	CPRT	B	0.1%	0.07%	0.07%
	CRM	B	0.62%	0.44%	0.44%
	CRWD	B	0.15%	0.11%	0.11%
	CSCO	B	0.45%	0.34%	0.34%
	CSGP	F	0.06%	0.04%	0.04%
	CSL	C	0.04%	0.04%	0.04%
	CSX	C	0.13%	0.1%	0.1%
	CTAS	B	0.15%	0.1%	0.1%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	C	0.08%	0.06%	0.06%
	CTVA	C	0.08%	0.06%	0.06%
	CVS	F	0.13%	0.1%	0.1%
	CVX	A	0.54%	0.38%	0.38%
	D	C	0.09%	0.07%	0.07%
	DAL	A	0.02%	0.05%	0.02%
	DASH	A	0.1%	0.07%	0.07%
	DD	D	0.07%	0.05%	0.05%
	DDOG	A	0.07%	0.05%	0.05%
	DE	C	0.2%	0.14%	0.14%
	DECK	A	0.05%	0.03%	0.03%
	DELL	B	0.07%	0.05%	0.05%
	DFS	B	0.08%	0.06%	0.06%
	DG	F	0.03%	0.02%	0.02%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.09%	0.07%	0.07%
	DHR	D	0.31%	0.23%	0.23%
	DIS	B	0.38%	0.25%	0.25%
	DLR	A	0.11%	0.08%	0.08%
	DLTR	F	0.03%	0.02%	0.02%
	DOV	B	0.05%	0.04%	0.04%
	DOW	F	0.06%	0.04%	0.04%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	C	0.04%	0.03%	0.03%
	DTE	C	0.05%	0.03%	0.03%
	DUK	C	0.16%	0.12%	0.12%
	DVN	F	0.05%	0.03%	0.03%
	DXCM	C	0.06%	0.04%	0.04%
	EA	A	0.08%	0.06%	0.06%
	EBAY	D	0.06%	0.04%	0.04%
	ECL	D	0.12%	0.09%	0.09%
	ED	C	0.06%	0.04%	0.04%
	EFX	F	0.06%	0.05%	0.05%
	EIX	C	0.06%	0.04%	0.04%
	EL	F	0.03%	0.02%	0.02%
	ELV	F	0.18%	0.14%	0.14%
	EMR	A	0.14%	0.1%	0.1%
	ENTG	F	0.03%	0.02%	0.02%
	EOG	A	0.15%	0.1%	0.1%
	EQIX	A	0.17%	0.11%	0.11%
	EQR	C	0.05%	0.04%	0.04%
	EQT	A	0.05%	0.02%	0.02%
	ES	C	0.04%	0.03%	0.03%
	ESS	A	0.04%	0.03%	0.03%
	ETN	B	0.28%	0.2%	0.2%
	ETR	A	0.06%	0.04%	0.04%
	EVRG	A	0.03%	0.02%	0.02%
	EW	C	0.08%	0.06%	0.06%
	EXC	C	0.07%	0.05%	0.05%
	EXPD	D	0.03%	0.02%	0.02%
	EXPE	B	0.04%	0.03%	0.03%
	EXR	C	0.07%	0.05%	0.05%
	F	C	0.08%	0.06%	0.06%
	FANG	D	0.07%	0.04%	0.04%
	FAST	B	0.09%	0.07%	0.07%
	FCX	F	0.12%	0.09%	0.09%
	FDS	B	0.04%	0.02%	0.02%
	FDX	B	0.13%	0.09%	0.09%
	FE	C	0.04%	0.03%	0.03%
	FI	A	0.24%	0.18%	0.18%
	FICO	B	0.11%	0.07%	0.07%
	FIS	C	0.09%	0.07%	0.07%
	FITB	B	0.06%	0.05%	0.05%
	FSLR	F	0.04%	0.03%	0.03%
	FTNT	B	0.12%	0.09%	0.09%
	FTV	D	0.05%	0.04%	0.04%
	GD	D	0.13%	0.1%	0.1%
	GDDY	A	0.05%	0.04%	0.04%
	GE	D	0.37%	0.27%	0.27%
	GEHC	D	0.07%	0.04%	0.04%
	GEN	B	0.03%	0.02%	0.02%
	GEV	A	0.17%	0.12%	0.12%
	GILD	C	0.22%	0.17%	0.17%
	GIS	F	0.07%	0.05%	0.05%
	GLW	B	0.07%	0.05%	0.05%
	GM	B	0.13%	0.12%	0.12%
	GOOG	B	1.72%	1.72%	1.72%
	GOOGL	B	1.98%	1.98%	1.98%
	GPC	F	0.03%	0.02%	0.02%
	GPN	C	0.06%	0.04%	0.04%
	GRMN	B	0.06%	0.05%	0.05%
	GS	B	0.36%	0.28%	0.28%
	GWW	B	0.1%	0.06%	0.06%
	HAL	C	0.05%	0.04%	0.04%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	F	0.13%	0.11%	0.11%
	HD	A	0.77%	0.58%	0.58%
	HES	B	0.08%	0.05%	0.05%
	HIG	B	0.07%	0.05%	0.05%
	HLT	A	0.12%	0.09%	0.09%
	HOLX	D	0.04%	0.02%	0.02%
	HON	B	0.29%	0.22%	0.22%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.07%	0.05%	0.05%
	HSY	F	0.05%	0.04%	0.04%
	HUBB	B	0.05%	0.03%	0.03%
	HUBS	B	0.06%	0.04%	0.04%
	HUM	D	0.07%	0.05%	0.05%
	HWM	A	0.08%	0.06%	0.06%
	IBM	C	0.37%	0.27%	0.27%
	ICE	C	0.17%	0.12%	0.12%
	IDXX	F	0.07%	0.05%	0.05%
	IEX	B	0.03%	0.02%	0.02%
	IFF	D	0.04%	0.03%	0.03%
	ILMN	C	0.04%	0.04%	0.04%
	INTC	C	0.2%	0.14%	0.14%
	INTU	B	0.38%	0.26%	0.26%
	INVH	D	0.04%	0.03%	0.03%
	IP	A	0.04%	0.02%	0.02%
	IQV	F	0.07%	0.05%	0.05%
	IR	B	0.08%	0.05%	0.05%
	IRM	C	0.06%	0.04%	0.04%
	ISRG	A	0.37%	0.27%	0.27%
	IT	C	0.08%	0.05%	0.05%
	ITW	B	0.16%	0.11%	0.11%
	J	D	0.03%	0.02%	0.02%
	JBHT	C	0.03%	0.02%	0.02%
	JBL	C	0.03%	0.02%	0.02%
	JCI	B	0.11%	0.08%	0.08%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	D	0.7%	0.62%	0.62%
	JPM	A	1.33%	1.28%	1.28%
	K	B	0.04%	0.03%	0.03%
	KDP	D	0.07%	0.04%	0.04%
	KEY	B	0.03%	0.02%	0.02%
	KEYS	C	0.05%	0.04%	0.04%
	KHC	F	0.06%	0.03%	0.03%
	KIM	A	0.03%	0.02%	0.02%
	KKR	A	0.18%	0.13%	0.13%
	KLAC	F	0.17%	0.12%	0.12%
	KMB	C	0.09%	0.06%	0.06%
	KMI	A	0.1%	0.08%	0.08%
	KO	D	0.49%	0.35%	0.35%
	KR	B	0.08%	0.07%	0.07%
	KVUE	A	0.09%	0.06%	0.06%
	LDOS	C	0.04%	0.04%	0.04%
	LEN	D	0.08%	0.06%	0.06%
	LH	B	0.04%	0.03%	0.03%
	LHX	B	0.09%	0.07%	0.07%
	LIN	D	0.42%	0.31%	0.31%
	LLY	F	1.22%	1.29%	1.22%
	LMT	D	0.22%	0.2%	0.2%
	LNG	A	0.09%	0.07%	0.07%
	LNT	A	0.03%	0.03%	0.03%
	LOW	C	0.3%	0.22%	0.22%
	LPLA	A	0.04%	0.03%	0.03%
	LRCX	F	0.19%	0.13%	0.13%
	LUV	B	0.01%	0.03%	0.01%
	LVS	B	0.03%	0.02%	0.02%
	LYB	F	0.04%	0.03%	0.03%
	MA	B	0.83%	0.74%	0.74%
	MAA	A	0.03%	0.03%	0.03%
	MAR	B	0.13%	0.1%	0.1%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.41%	0.31%	0.31%
	MCHP	F	0.07%	0.05%	0.05%
	MCK	A	0.15%	0.12%	0.12%
	MCO	D	0.15%	0.1%	0.1%
	MDB	C	0.04%	0.03%	0.03%
	MDLZ	F	0.17%	0.13%	0.13%
	MDT	D	0.21%	0.17%	0.17%
	MET	A	0.1%	0.08%	0.08%
	META	C	2.43%	2.45%	2.43%
	MKC	D	0.04%	0.02%	0.02%
	MKL	A	0.04%	0.03%	0.03%
	MLM	B	0.07%	0.05%	0.05%
	MMC	D	0.21%	0.15%	0.15%
	MMM	D	0.14%	0.1%	0.1%
	MNST	C	0.08%	0.04%	0.04%
	MO	A	0.18%	0.14%	0.14%
	MOH	F	0.03%	0.02%	0.02%
	MPC	D	0.11%	0.09%	0.09%
	MPWR	F	0.05%	0.04%	0.04%
	MRK	F	0.48%	0.36%	0.36%
	MRNA	F	0.03%	0.02%	0.02%
	MRO	A	0.03%	0.02%	0.02%
	MRVL	B	0.15%	0.11%	0.11%
	MS	A	0.31%	0.24%	0.24%
	MSCI	B	0.09%	0.06%	0.06%
	MSFT	D	5.79%	6.13%	5.79%
	MSI	B	0.16%	0.11%	0.11%
	MTB	A	0.07%	0.05%	0.05%
	MTD	F	0.05%	0.04%	0.04%
	MU	D	0.21%	0.15%	0.15%
	NDAQ	A	0.06%	0.04%	0.04%
	NEE	C	0.3%	0.22%	0.22%
	NEM	D	0.09%	0.05%	0.05%
	NET	B	0.05%	0.04%	0.04%
	NFLX	A	0.69%	0.48%	0.48%
	NKE	F	0.18%	0.13%	0.13%
	NOC	D	0.13%	0.11%	0.11%
	NOW	B	0.41%	0.29%	0.29%
	NSC	B	0.11%	0.08%	0.08%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.04%	0.03%	0.03%
	NUE	D	0.07%	0.06%	0.06%
	NVDA	A	6.93%	7.02%	6.93%
	NVR	D	0.05%	0.03%	0.03%
	O	C	0.09%	0.05%	0.05%
	ODFL	B	0.08%	0.06%	0.06%
	OKE	A	0.12%	0.09%	0.09%
	OMC	C	0.04%	0.03%	0.03%
	ON	F	0.06%	0.04%	0.04%
	ORCL	A	0.59%	0.41%	0.41%
	ORLY	B	0.14%	0.1%	0.1%
	OTIS	C	0.08%	0.06%	0.06%
	OXY	F	0.06%	0.05%	0.05%
	PANW	B	0.24%	0.16%	0.16%
	PAYX	B	0.09%	0.06%	0.06%
	PCAR	C	0.12%	0.08%	0.08%
	PCG	A	0.08%	0.07%	0.07%
	PEG	C	0.08%	0.06%	0.06%
	PEP	F	0.44%	0.32%	0.32%
	PFE	F	0.28%	0.22%	0.22%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.76%	0.57%	0.57%
	PGR	B	0.29%	0.21%	0.21%
	PH	B	0.17%	0.12%	0.12%
	PHM	D	0.05%	0.04%	0.04%
	PINS	F	0.03%	0.03%	0.03%
	PKG	B	0.04%	0.03%	0.03%
	PLD	D	0.2%	0.15%	0.15%
	PLTR	A	0.23%	0.15%	0.15%
	PM	A	0.38%	0.28%	0.28%
	PNC	B	0.16%	0.12%	0.12%
	PODD	B	0.03%	0.02%	0.02%
	POOL	D	0.03%	0.02%	0.02%
	PPG	F	0.06%	0.04%	0.04%
	PPL	A	0.05%	0.04%	0.04%
	PRU	B	0.09%	0.07%	0.07%
	PSA	C	0.1%	0.07%	0.07%
	PSX	C	0.11%	0.08%	0.08%
	PTC	B	0.04%	0.03%	0.03%
	PWR	A	0.09%	0.06%	0.06%
	PYPL	B	0.16%	0.13%	0.13%
	QCOM	F	0.35%	0.25%	0.25%
	RBLX	B	0.05%	0.03%	0.03%
	RCL	A	0.11%	0.07%	0.07%
	REGN	F	0.16%	0.12%	0.12%
	RF	A	0.05%	0.04%	0.04%
	RJF	A	0.06%	0.04%	0.04%
	RMD	C	0.06%	0.05%	0.05%
	ROK	B	0.06%	0.04%	0.04%
	ROP	C	0.12%	0.08%	0.08%
	ROST	D	0.09%	0.06%	0.06%
	RPM	B	0.03%	0.02%	0.02%
	RS	B	0.03%	0.02%	0.02%
	RSG	A	0.09%	0.06%	0.06%
	RTX	D	0.3%	0.25%	0.25%
	RVTY	D	0.03%	0.02%	0.02%
	SBAC	D	0.04%	0.03%	0.03%
	SBUX	A	0.22%	0.16%	0.16%
	SCHW	A	0.23%	0.15%	0.15%
	SHW	C	0.18%	0.12%	0.12%
	SLB	C	0.12%	0.09%	0.09%
	SMCI	F	0.02%	0.02%	0.02%
	SNOW	C	0.07%	0.05%	0.05%
	SNPS	C	0.16%	0.11%	0.11%
	SO	C	0.18%	0.13%	0.13%
	SPG	A	0.11%	0.09%	0.09%
	SPGI	D	0.31%	0.22%	0.22%
	SQ	A	0.09%	0.07%	0.07%
	SRE	A	0.11%	0.08%	0.08%
	SSNC	C	0.03%	0.02%	0.02%
	STE	D	0.04%	0.03%	0.03%
	STLD	B	0.04%	0.03%	0.03%
	STT	B	0.05%	0.04%	0.04%
	STX	D	0.04%	0.03%	0.03%
	STZ	D	0.08%	0.05%	0.05%
	SUI	C	0.03%	0.02%	0.02%
	SWK	F	0.02%	0.02%	0.02%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.05%	0.03%	0.03%
	SYK	A	0.25%	0.18%	0.18%
	SYY	D	0.07%	0.06%	0.06%
	T	A	0.31%	0.23%	0.23%
	TDG	D	0.14%	0.08%	0.08%
	TDY	B	0.04%	0.03%	0.03%
	TEAM	A	0.08%	0.06%	0.06%
	TER	F	0.03%	0.03%	0.03%
	TFC	A	0.12%	0.09%	0.09%
	TGT	B	0.14%	0.1%	0.1%
	TJX	A	0.26%	0.19%	0.19%
	TMO	F	0.39%	0.3%	0.3%
	TMUS	B	0.24%	0.17%	0.17%
	TPL	A	0.05%	0.05%	0.05%
	TRGP	A	0.08%	0.06%	0.06%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	B	0.05%	0.04%	0.04%
	TRU	D	0.04%	0.03%	0.03%
	TRV	A	0.11%	0.08%	0.08%
	TSCO	D	0.06%	0.04%	0.04%
	TSLA	A	1.71%	1.7%	1.7%
	TSN	B	0.04%	0.03%	0.03%
	TT	A	0.18%	0.13%	0.13%
	TTD	B	0.11%	0.1%	0.1%
	TTWO	A	0.06%	0.04%	0.04%
	TXN	C	0.36%	0.27%	0.27%
	TXT	D	0.03%	0.02%	0.02%
	TYL	B	0.05%	0.03%	0.03%
	UBER	F	0.26%	0.19%	0.19%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	C	1.05%	1.04%	1.04%
	UNP	D	0.28%	0.2%	0.2%
	UPS	C	0.19%	0.14%	0.14%
	URI	B	0.11%	0.08%	0.08%
	USB	B	0.15%	0.1%	0.1%
	V	A	0.93%	0.93%	0.93%
	VEEV	C	0.07%	0.06%	0.06%
	VICI	C	0.06%	0.05%	0.05%
	VLO	C	0.09%	0.07%	0.07%
	VLTO	C	0.05%	0.03%	0.03%
	VMC	B	0.07%	0.06%	0.06%
	VRSK	B	0.08%	0.06%	0.06%
	VRSN	F	0.03%	0.02%	0.02%
	VRT	A	0.08%	0.08%	0.08%
	VRTX	D	0.24%	0.18%	0.18%
	VTR	B	0.05%	0.04%	0.04%
	VTRS	A	0.03%	0.02%	0.02%
	VZ	C	0.33%	0.24%	0.24%
	WAB	B	0.07%	0.05%	0.05%
	WAT	C	0.04%	0.03%	0.03%
	WBD	B	0.04%	0.03%	0.03%
	WDAY	C	0.11%	0.07%	0.07%
	WDC	F	0.04%	0.03%	0.03%
	WEC	A	0.06%	0.04%	0.04%
	WELL	A	0.15%	0.1%	0.1%
	WFC	A	0.49%	0.37%	0.37%
	WM	B	0.17%	0.13%	0.13%
	WMB	A	0.13%	0.1%	0.1%
	WMT	A	0.72%	0.5%	0.5%
	WPC	C	0.02%	0.01%	0.01%
	WRB	B	0.04%	0.03%	0.03%
	WST	D	0.05%	0.03%	0.03%
	WTW	B	0.06%	0.04%	0.04%
	WY	D	0.04%	0.04%	0.04%
	XEL	A	0.07%	0.06%	0.06%
	XOM	B	1.04%	0.99%	0.99%
	XYL	D	0.06%	0.04%	0.04%
	YUM	D	0.07%	0.05%	0.05%
	ZBH	C	0.04%	0.03%	0.03%
	ZBRA	B	0.04%	0.03%	0.03%
	ZM	B	0.04%	0.03%	0.03%
	ZTS	D	0.15%	0.11%	0.11%

PBUS Overweight 134 Positions Relative to LGH

	Symbol	Grade	Weight
	BLK	B	0.3%
	MELI	D	0.16%
	NXPI	F	0.11%
	APP	A	0.11%
	MSTR	A	0.1%
	WCN	A	0.09%
	FLUT	A	0.09%
	VST	A	0.09%
	LULU	C	0.07%
	CCL	A	0.05%
	SW	A	0.05%
	WSO	A	0.04%
	ZS	B	0.04%
	NRG	B	0.04%
	SNA	B	0.04%
	LII	A	0.04%
	LYV	A	0.04%
	FCNCA	A	0.04%
	BLDR	D	0.04%
	EME	A	0.04%
	GLPI	C	0.03%
	UDR	C	0.03%
	NDSN	D	0.03%
	ROL	B	0.03%
	EPAM	C	0.03%
	FFIV	B	0.03%
	ACM	B	0.03%
	TOST	A	0.03%
	AMCR	D	0.03%
	TW	A	0.03%
	APTV	F	0.03%
	DOC	D	0.03%
	GGG	B	0.03%
	DT	C	0.03%
	PSTG	F	0.03%
	EQH	B	0.03%
	EG	D	0.03%
	L	A	0.03%
	FNF	A	0.03%
	HEI	A	0.03%
	TWLO	A	0.03%
	UTHR	C	0.03%
	NI	A	0.03%
	DOCU	B	0.03%
	OC	A	0.03%
	HOOD	A	0.03%
	WSM	D	0.03%
	MANH	D	0.03%
	PNR	B	0.03%
	BURL	A	0.03%
	DKNG	B	0.03%
	MTCH	F	0.02%
	CE	F	0.02%
	CHRD	F	0.02%
	DVA	C	0.02%
	CRBG	B	0.02%
	APA	F	0.02%
	MOS	D	0.02%
	CPB	D	0.02%
	TTC	F	0.02%
	HSIC	C	0.02%
	AOS	F	0.02%
	TFX	F	0.02%
	ENPH	F	0.02%
	SEIC	B	0.02%
	MGM	D	0.02%
	KNX	B	0.02%
	HRL	D	0.02%
	CNH	C	0.02%
	EXAS	D	0.02%
	ROKU	D	0.02%
	WYNN	D	0.02%
	FBIN	F	0.02%
	RPRX	F	0.02%
	CRL	D	0.02%
	MKTX	D	0.02%
	SOLV	F	0.02%
	WTRG	B	0.02%
	ALLY	C	0.02%
	AES	F	0.02%
	AFG	A	0.02%
	IOT	A	0.02%
	LKQ	F	0.02%
	CTLT	D	0.02%
	CCK	D	0.02%
	ERIE	F	0.02%
	AIZ	A	0.02%
	NWSA	B	0.02%
	FOXA	B	0.02%
	PAYC	B	0.02%
	IPG	F	0.02%
	TECH	F	0.02%
	SNAP	D	0.02%
	Z	A	0.02%
	LW	C	0.02%
	TAP	B	0.02%
	SJM	D	0.02%
	BXP	D	0.02%
	EMN	D	0.02%
	DKS	D	0.02%
	ALB	B	0.02%
	HEI	A	0.02%
	KMX	C	0.02%
	CG	B	0.02%
	OVV	C	0.02%
	NBIX	C	0.02%
	AMH	C	0.02%
	HST	D	0.02%
	DAY	B	0.02%
	UHS	D	0.02%
	JNPR	D	0.02%
	OKTA	D	0.02%
	ELS	B	0.02%
	CPT	C	0.02%
	ALLE	D	0.02%
	INCY	C	0.02%
	CHRW	B	0.02%
	REG	A	0.02%
	CELH	F	0.01%
	WLK	F	0.01%
	UHAL	D	0.01%
	FOX	A	0.01%
	BEN	C	0.01%
	WBA	F	0.01%
	QRVO	F	0.01%
	BBWI	C	0.01%
	PARA	D	0.01%
	DINO	D	0.01%
	H	B	0.01%
	ACI	C	0.01%
	RIVN	F	0.01%
	BIO	C	0.01%
	HII	F	0.01%
	BSY	D	0.01%

PBUS Underweight 2 Positions Relative to LGH

	Symbol	Grade	Weight
	SPXL	B	-18.6%
	UAL	A	-0.03%

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

LGH: Top Represented Industries & Keywords

Industries: Software - Application Utilities - Regulated Electric Business Services Diversified Industrials Diagnostics & Research Semiconductors Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Oil & Gas E&P Aerospace & Defense Medical Devices Specialty Chemicals Specialty Retail Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty Medical Instruments & Supplies

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