PBUS vs. SPLG ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to SPDR Portfolio Large Cap ETF (SPLG)

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

$56.29

Average Daily Volume

90,617

Number of Holdings ^*

580

* may have additional holdings in another (foreign) market

SPLG

SPDR Portfolio Large Cap ETF

SPLG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Large Cap Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the large-capitalization segment of the U.S. equity market. The fund may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.18

Average Daily Volume

6,247,794

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	SPLG
30 Days	1.58%	1.52%
60 Days	1.85%	1.83%
90 Days	3.09%	2.95%
12 Months	28.48%	28.41%

479 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in SPLG	Overlap
	A	C	0.08%	0.09%	0.08%
	AAPL	D	6.7%	6.98%	6.7%
	ABBV	B	0.74%	0.75%	0.74%
	ABNB	D	0.11%	0.11%	0.11%
	ABT	B	0.43%	0.43%	0.43%
	ACGL	A	0.09%	0.09%	0.09%
	ACN	C	0.46%	0.47%	0.46%
	ADBE	D	0.53%	0.55%	0.53%
	ADI	D	0.23%	0.23%	0.23%
	ADM	D	0.06%	0.06%	0.06%
	ADP	A	0.24%	0.24%	0.24%
	ADSK	B	0.12%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	A	0.11%	0.12%	0.11%
	AES	C	0.02%	0.03%	0.02%
	AFL	B	0.12%	0.12%	0.12%
	AIG	D	0.1%	0.1%	0.1%
	AIZ	C	0.02%	0.02%	0.02%
	AJG	A	0.14%	0.14%	0.14%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	D	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.11%	0.1%
	ALLE	A	0.03%	0.03%	0.03%
	AMAT	D	0.31%	0.32%	0.31%
	AMCR	B	0.03%	0.04%	0.03%
	AMD	D	0.48%	0.48%	0.48%
	AME	D	0.08%	0.08%	0.08%
	AMGN	B	0.37%	0.38%	0.37%
	AMP	B	0.09%	0.09%	0.09%
	AMT	B	0.24%	0.24%	0.24%
	AMZN	C	3.51%	3.44%	3.44%
	ANET	C	0.18%	0.18%	0.18%
	ANSS	D	0.06%	0.06%	0.06%
	AON	B	0.14%	0.17%	0.14%
	AOS	D	0.02%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APD	B	0.13%	0.13%	0.13%
	APH	D	0.15%	0.16%	0.15%
	APTV	F	0.04%	0.04%	0.04%
	ARE	B	0.04%	0.04%	0.04%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	C	1.37%	1.31%	1.31%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.06%	0.06%	0.06%
	AXON	A	0.05%	0.05%	0.05%
	AXP	B	0.3%	0.3%	0.3%
	AZO	C	0.11%	0.12%	0.11%
	BA	F	0.2%	0.2%	0.2%
	BAC	D	0.58%	0.58%	0.58%
	BALL	C	0.04%	0.04%	0.04%
	BAX	C	0.04%	0.04%	0.04%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	B	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.15%	0.14%
	BEN	D	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BIIB	F	0.06%	0.06%	0.06%
	BIO	C	0.01%	0.01%	0.01%
	BK	A	0.1%	0.11%	0.1%
	BKNG	B	0.27%	0.28%	0.27%
	BKR	D	0.07%	0.07%	0.07%
	BLDR	C	0.04%	0.05%	0.04%
	BLK	A	0.27%	0.27%	0.27%
	BMY	C	0.21%	0.22%	0.21%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	C	1.27%	1.83%	1.27%
	BRO	B	0.05%	0.05%	0.05%
	BSX	B	0.26%	0.26%	0.26%
	BX	A	0.21%	0.21%	0.21%
	BXP	A	0.02%	0.02%	0.02%
	C	D	0.23%	0.25%	0.23%
	CAG	B	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	A	0.12%	0.13%	0.12%
	CAT	C	0.34%	0.35%	0.34%
	CB	B	0.23%	0.26%	0.23%
	CBOE	B	0.05%	0.05%	0.05%
	CBRE	B	0.08%	0.08%	0.08%
	CCI	B	0.11%	0.11%	0.11%
	CCL	C	0.03%	0.03%	0.03%
	CDNS	D	0.15%	0.15%	0.15%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.03%	0.03%
	CEG	C	0.12%	0.12%	0.12%
	CF	C	0.03%	0.03%	0.03%
	CFG	C	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.06%	0.05%
	CHRW	C	0.02%	0.03%	0.02%
	CHTR	D	0.06%	0.07%	0.06%
	CI	B	0.21%	0.22%	0.21%
	CINF	B	0.04%	0.05%	0.04%
	CL	C	0.17%	0.19%	0.17%
	CLX	B	0.04%	0.05%	0.04%
	CMCSA	D	0.32%	0.34%	0.32%
	CME	B	0.16%	0.17%	0.16%
	CMG	C	0.16%	0.16%	0.16%
	CMI	C	0.08%	0.09%	0.08%
	CMS	A	0.04%	0.04%	0.04%
	CNC	C	0.08%	0.08%	0.08%
	CNP	C	0.04%	0.04%	0.04%
	COF	D	0.11%	0.12%	0.11%
	COP	F	0.25%	0.27%	0.25%
	COST	B	0.83%	0.85%	0.83%
	CPAY	C	0.04%	0.05%	0.04%
	CPB	B	0.02%	0.02%	0.02%
	CPRT	F	0.09%	0.09%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	D	0.02%	0.02%	0.02%
	CRM	D	0.5%	0.52%	0.5%
	CRWD	D	0.12%	0.12%	0.12%
	CSCO	C	0.41%	0.43%	0.41%
	CSGP	D	0.07%	0.07%	0.07%
	CSX	D	0.14%	0.14%	0.14%
	CTAS	B	0.16%	0.15%	0.15%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	F	0.04%	0.04%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	B	0.08%	0.08%	0.08%
	CVS	D	0.15%	0.16%	0.15%
	CVX	D	0.51%	0.52%	0.51%
	D	B	0.1%	0.1%	0.1%
	DAL	C	0.01%	0.06%	0.01%
	DAY	C	0.02%	0.02%	0.02%
	DD	B	0.07%	0.07%	0.07%
	DE	B	0.21%	0.22%	0.21%
	DECK	C	0.05%	0.05%	0.05%
	DFS	C	0.07%	0.07%	0.07%
	DG	F	0.04%	0.04%	0.04%
	DGX	B	0.04%	0.04%	0.04%
	DHI	B	0.12%	0.12%	0.12%
	DHR	B	0.38%	0.38%	0.38%
	DIS	D	0.34%	0.35%	0.34%
	DLR	A	0.11%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	B	0.03%	0.03%	0.03%
	DOV	B	0.05%	0.05%	0.05%
	DOW	F	0.07%	0.08%	0.07%
	DPZ	D	0.03%	0.03%	0.03%
	DRI	C	0.04%	0.04%	0.04%
	DTE	A	0.05%	0.06%	0.05%
	DUK	B	0.19%	0.2%	0.19%
	DVA	A	0.02%	0.02%	0.02%
	DVN	F	0.05%	0.06%	0.05%
	DXCM	F	0.06%	0.06%	0.06%
	EA	C	0.08%	0.08%	0.08%
	EBAY	A	0.06%	0.07%	0.06%
	ECL	A	0.13%	0.14%	0.13%
	ED	B	0.08%	0.08%	0.08%
	EFX	B	0.08%	0.08%	0.08%
	EG	B	0.03%	0.04%	0.03%
	EIX	B	0.07%	0.07%	0.07%
	EL	F	0.04%	0.04%	0.04%
	ELV	B	0.26%	0.28%	0.26%
	EMN	A	0.02%	0.03%	0.02%
	EMR	D	0.12%	0.12%	0.12%
	ENPH	D	0.03%	0.03%	0.03%
	EOG	D	0.14%	0.15%	0.14%
	EPAM	D	0.02%	0.03%	0.02%
	EQIX	B	0.17%	0.17%	0.17%
	EQR	B	0.05%	0.06%	0.05%
	EQT	D	0.04%	0.04%	0.04%
	ES	B	0.05%	0.05%	0.05%
	ESS	A	0.04%	0.04%	0.04%
	ETN	C	0.24%	0.25%	0.24%
	ETR	A	0.05%	0.06%	0.05%
	EVRG	A	0.03%	0.03%	0.03%
	EW	D	0.08%	0.09%	0.08%
	EXC	A	0.08%	0.08%	0.08%
	EXPD	D	0.04%	0.04%	0.04%
	EXPE	C	0.04%	0.04%	0.04%
	EXR	A	0.08%	0.08%	0.08%
	F	D	0.08%	0.09%	0.08%
	FANG	F	0.06%	0.07%	0.06%
	FAST	C	0.08%	0.08%	0.08%
	FCX	D	0.12%	0.13%	0.12%
	FDS	C	0.03%	0.04%	0.03%
	FDX	C	0.14%	0.14%	0.14%
	FE	B	0.05%	0.05%	0.05%
	FFIV	A	0.02%	0.03%	0.02%
	FICO	A	0.09%	0.09%	0.09%
	FIS	A	0.1%	0.1%	0.1%
	FITB	B	0.06%	0.06%	0.06%
	FOX	C	0.01%	0.01%	0.01%
	FOXA	C	0.02%	0.02%	0.02%
	FSLR	D	0.04%	0.05%	0.04%
	FTNT	B	0.1%	0.11%	0.1%
	FTV	C	0.05%	0.05%	0.05%
	GD	B	0.15%	0.15%	0.15%
	GDDY	D	0.04%	0.05%	0.04%
	GE	A	0.38%	0.39%	0.38%
	GEHC	C	0.08%	0.08%	0.08%
	GEV	B	0.12%	0.12%	0.12%
	GILD	B	0.21%	0.21%	0.21%
	GIS	B	0.09%	0.09%	0.09%
	GLW	C	0.07%	0.07%	0.07%
	GM	C	0.11%	0.12%	0.11%
	GOOG	D	1.58%	1.63%	1.58%
	GOOGL	D	1.82%	1.95%	1.82%
	GPC	D	0.04%	0.04%	0.04%
	GPN	C	0.06%	0.06%	0.06%
	GRMN	D	0.06%	0.06%	0.06%
	GS	D	0.31%	0.34%	0.31%
	GWW	B	0.09%	0.09%	0.09%
	HAL	F	0.05%	0.06%	0.05%
	HBAN	B	0.04%	0.05%	0.04%
	HCA	A	0.16%	0.17%	0.16%
	HD	B	0.77%	0.78%	0.77%
	HES	F	0.07%	0.08%	0.07%
	HIG	B	0.07%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HLT	B	0.11%	0.12%	0.11%
	HOLX	B	0.04%	0.04%	0.04%
	HON	D	0.27%	0.28%	0.27%
	HPE	F	0.04%	0.05%	0.04%
	HPQ	D	0.07%	0.06%	0.06%
	HRL	C	0.02%	0.02%	0.02%
	HSIC	D	0.02%	0.02%	0.02%
	HST	D	0.02%	0.03%	0.02%
	HSY	B	0.06%	0.07%	0.06%
	HUBB	B	0.04%	0.04%	0.04%
	HUM	F	0.09%	0.1%	0.09%
	HWM	B	0.08%	0.08%	0.08%
	IBM	A	0.39%	0.4%	0.39%
	ICE	B	0.19%	0.2%	0.19%
	IDXX	C	0.09%	0.09%	0.09%
	IEX	D	0.03%	0.03%	0.03%
	IFF	B	0.05%	0.06%	0.05%
	INCY	C	0.02%	0.02%	0.02%
	INTC	F	0.17%	0.18%	0.17%
	INTU	C	0.37%	0.38%	0.37%
	INVH	B	0.05%	0.05%	0.05%
	IP	B	0.03%	0.04%	0.03%
	IPG	C	0.02%	0.03%	0.02%
	IQV	C	0.09%	0.1%	0.09%
	IR	D	0.07%	0.08%	0.07%
	IRM	A	0.07%	0.07%	0.07%
	ISRG	B	0.36%	0.37%	0.36%
	IT	B	0.08%	0.08%	0.08%
	ITW	B	0.15%	0.15%	0.15%
	J	D	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.03%	0.03%
	JBL	D	0.03%	0.03%	0.03%
	JCI	B	0.1%	0.1%	0.1%
	JKHY	A	0.03%	0.03%	0.03%
	JNJ	B	0.84%	0.87%	0.84%
	JNPR	B	0.03%	0.03%	0.03%
	JPM	D	1.23%	1.34%	1.23%
	K	A	0.05%	0.05%	0.05%
	KDP	B	0.08%	0.08%	0.08%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.05%	0.05%
	KHC	C	0.07%	0.06%	0.06%
	KIM	B	0.03%	0.03%	0.03%
	KKR	B	0.15%	0.17%	0.15%
	KLAC	D	0.2%	0.21%	0.2%
	KMB	C	0.1%	0.11%	0.1%
	KMI	B	0.09%	0.09%	0.09%
	KMX	D	0.03%	0.03%	0.03%
	KO	B	0.61%	0.61%	0.61%
	KR	B	0.07%	0.08%	0.07%
	KVUE	B	0.09%	0.1%	0.09%
	L	C	0.03%	0.03%	0.03%
	LDOS	B	0.04%	0.05%	0.04%
	LEN	B	0.09%	0.1%	0.09%
	LHX	C	0.09%	0.09%	0.09%
	LIN	B	0.47%	0.48%	0.47%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	C	1.52%	1.58%	1.52%
	LMT	B	0.26%	0.26%	0.26%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.29%	0.31%	0.29%
	LRCX	F	0.2%	0.21%	0.2%
	LULU	D	0.06%	0.06%	0.06%
	LUV	C	0.01%	0.04%	0.01%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	F	0.05%	0.05%	0.05%
	LYV	C	0.03%	0.03%	0.03%
	MA	A	0.85%	0.86%	0.85%
	MAA	A	0.04%	0.04%	0.04%
	MAR	D	0.12%	0.12%	0.12%
	MAS	B	0.04%	0.04%	0.04%
	MCD	B	0.44%	0.46%	0.44%
	MCHP	D	0.08%	0.09%	0.08%
	MCK	F	0.14%	0.14%	0.14%
	MCO	B	0.17%	0.16%	0.16%
	MDLZ	B	0.21%	0.22%	0.21%
	MDT	B	0.24%	0.26%	0.24%
	MET	B	0.1%	0.1%	0.1%
	META	B	2.31%	2.41%	2.31%
	MGM	D	0.02%	0.02%	0.02%
	MKC	B	0.04%	0.05%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	D	0.07%	0.07%	0.07%
	MMC	A	0.24%	0.25%	0.24%
	MMM	A	0.15%	0.16%	0.15%
	MNST	C	0.08%	0.08%	0.08%
	MO	C	0.19%	0.2%	0.19%
	MOH	C	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	F	0.12%	0.13%	0.12%
	MPWR	C	0.09%	0.09%	0.09%
	MRK	D	0.61%	0.66%	0.61%
	MRNA	F	0.05%	0.05%	0.05%
	MRO	D	0.03%	0.03%	0.03%
	MS	D	0.25%	0.27%	0.25%
	MSCI	C	0.09%	0.1%	0.09%
	MSFT	C	6.11%	6.55%	6.11%
	MSI	B	0.15%	0.16%	0.15%
	MTB	B	0.06%	0.06%	0.06%
	MTCH	C	0.02%	0.02%	0.02%
	MTD	D	0.06%	0.06%	0.06%
	MU	F	0.2%	0.21%	0.2%
	NDAQ	B	0.06%	0.07%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	B	0.35%	0.36%	0.35%
	NEM	B	0.12%	0.13%	0.12%
	NFLX	B	0.61%	0.63%	0.61%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.2%	0.21%	0.2%
	NOC	B	0.15%	0.16%	0.15%
	NOW	B	0.37%	0.37%	0.37%
	NRG	C	0.03%	0.04%	0.03%
	NSC	C	0.12%	0.12%	0.12%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	B	0.04%	0.04%	0.04%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	D	5.55%	5.55%	5.55%
	NVR	B	0.06%	0.06%	0.06%
	NWSA	D	0.02%	0.02%	0.02%
	NXPI	F	0.12%	0.13%	0.12%
	O	B	0.11%	0.12%	0.11%
	ODFL	D	0.08%	0.07%	0.07%
	OKE	A	0.11%	0.12%	0.11%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.54%	0.5%	0.5%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	F	0.07%	0.08%	0.07%
	PANW	C	0.23%	0.24%	0.23%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	D	0.1%	0.11%	0.1%
	PCG	B	0.08%	0.09%	0.08%
	PEG	A	0.08%	0.09%	0.08%
	PEP	B	0.51%	0.53%	0.51%
	PFE	C	0.35%	0.36%	0.35%
	PFG	C	0.04%	0.04%	0.04%
	PG	A	0.88%	0.91%	0.88%
	PGR	B	0.3%	0.32%	0.3%
	PH	B	0.16%	0.16%	0.16%
	PHM	B	0.06%	0.06%	0.06%
	PKG	B	0.04%	0.04%	0.04%
	PLD	B	0.26%	0.26%	0.26%
	PM	B	0.41%	0.43%	0.41%
	PNC	B	0.15%	0.15%	0.15%
	PNR	A	0.03%	0.03%	0.03%
	PODD	B	0.03%	0.03%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	C	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	C	0.09%	0.09%	0.09%
	PSA	A	0.12%	0.12%	0.12%
	PSX	F	0.11%	0.12%	0.11%
	PTC	D	0.04%	0.04%	0.04%
	PWR	C	0.08%	0.08%	0.08%
	PYPL	B	0.14%	0.16%	0.14%
	QCOM	D	0.38%	0.39%	0.38%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	B	0.08%	0.08%	0.08%
	REG	B	0.03%	0.03%	0.03%
	REGN	C	0.26%	0.26%	0.26%
	RF	C	0.04%	0.04%	0.04%
	RJF	C	0.05%	0.05%	0.05%
	RMD	B	0.08%	0.08%	0.08%
	ROK	D	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.13%	0.12%
	ROST	C	0.11%	0.11%	0.11%
	RSG	B	0.09%	0.09%	0.09%
	RTX	C	0.33%	0.35%	0.33%
	SBAC	B	0.05%	0.06%	0.05%
	SBUX	C	0.22%	0.23%	0.22%
	SCHW	D	0.2%	0.21%	0.2%
	SHW	A	0.19%	0.18%	0.18%
	SJM	C	0.03%	0.03%	0.03%
	SLB	F	0.12%	0.13%	0.12%
	SMCI	F	0.05%	0.04%	0.04%
	SNA	B	0.03%	0.03%	0.03%
	SNPS	D	0.15%	0.16%	0.15%
	SO	A	0.2%	0.21%	0.2%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.11%	0.12%	0.11%
	SPGI	A	0.35%	0.36%	0.35%
	SRE	B	0.11%	0.11%	0.11%
	STE	B	0.05%	0.05%	0.05%
	STLD	F	0.03%	0.04%	0.03%
	STT	B	0.05%	0.06%	0.05%
	STX	D	0.04%	0.04%	0.04%
	STZ	C	0.09%	0.09%	0.09%
	SW	B	0.05%	0.05%	0.05%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	D	0.04%	0.04%	0.04%
	SYK	B	0.26%	0.27%	0.26%
	SYY	C	0.08%	0.09%	0.08%
	T	A	0.32%	0.33%	0.32%
	TAP	C	0.02%	0.02%	0.02%
	TDG	B	0.15%	0.16%	0.15%
	TDY	B	0.04%	0.04%	0.04%
	TECH	D	0.02%	0.02%	0.02%
	TEL	D	0.09%	0.1%	0.09%
	TER	D	0.04%	0.04%	0.04%
	TFC	D	0.12%	0.12%	0.12%
	TFX	B	0.02%	0.02%	0.02%
	TGT	C	0.14%	0.15%	0.14%
	TJX	B	0.28%	0.29%	0.28%
	TMO	B	0.5%	0.51%	0.5%
	TMUS	A	0.22%	0.22%	0.22%
	TRGP	B	0.06%	0.07%	0.06%
	TRMB	C	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRV	A	0.11%	0.12%	0.11%
	TSCO	B	0.06%	0.06%	0.06%
	TSLA	C	1.36%	1.28%	1.28%
	TSN	C	0.04%	0.04%	0.04%
	TT	A	0.16%	0.17%	0.16%
	TTWO	D	0.05%	0.05%	0.05%
	TXN	D	0.38%	0.39%	0.38%
	TXT	D	0.03%	0.04%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UBER	C	0.27%	0.32%	0.27%
	UDR	B	0.03%	0.03%	0.03%
	UHS	B	0.03%	0.03%	0.03%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	C	1.15%	1.21%	1.15%
	UNP	B	0.32%	0.33%	0.32%
	UPS	D	0.2%	0.2%	0.2%
	URI	C	0.1%	0.1%	0.1%
	USB	C	0.15%	0.15%	0.15%
	V	A	0.94%	0.96%	0.94%
	VICI	B	0.07%	0.08%	0.07%
	VLO	F	0.09%	0.1%	0.09%
	VLTO	B	0.06%	0.05%	0.05%
	VMC	D	0.06%	0.07%	0.06%
	VRSK	D	0.08%	0.08%	0.08%
	VRSN	D	0.03%	0.03%	0.03%
	VRTX	C	0.25%	0.26%	0.25%
	VST	C	0.06%	0.05%	0.05%
	VTR	B	0.05%	0.06%	0.05%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	A	0.38%	0.38%	0.38%
	WAB	B	0.06%	0.06%	0.06%
	WAT	C	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.03%	0.04%	0.03%
	WDC	D	0.04%	0.04%	0.04%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.16%	0.16%
	WFC	F	0.39%	0.41%	0.39%
	WM	D	0.17%	0.16%	0.16%
	WMB	A	0.11%	0.12%	0.11%
	WMT	B	0.73%	0.72%	0.72%
	WRB	C	0.04%	0.04%	0.04%
	WST	F	0.05%	0.05%	0.05%
	WTW	B	0.06%	0.07%	0.06%
	WY	C	0.05%	0.05%	0.05%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	B	0.07%	0.08%	0.07%
	XOM	D	1.04%	1.11%	1.04%
	XYL	D	0.07%	0.07%	0.07%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	D	0.04%	0.05%	0.04%
	ZBRA	C	0.04%	0.04%	0.04%
	ZTS	B	0.18%	0.19%	0.18%

PBUS Overweight 101 Positions Relative to SPLG

	Symbol	Grade	Weight
	MELI	B	0.19%
	PLTR	B	0.15%
	MRVL	C	0.13%
	WDAY	D	0.11%
	WCN	B	0.1%
	LNG	C	0.09%
	APO	C	0.09%
	TTD	B	0.09%
	DASH	C	0.08%
	FLUT	B	0.08%
	ALNY	C	0.07%
	SNOW	F	0.07%
	VEEV	C	0.07%
	SQ	D	0.07%
	VRT	C	0.06%
	DELL	D	0.06%
	COIN	F	0.06%
	DDOG	D	0.06%
	NET	D	0.05%
	HUBS	D	0.05%
	TEAM	D	0.05%
	ARES	C	0.05%
	WSM	C	0.04%
	BURL	B	0.04%
	EME	A	0.04%
	PINS	F	0.04%
	SUI	B	0.04%
	APP	B	0.04%
	AVTR	B	0.04%
	LII	A	0.04%
	FCNCA	D	0.04%
	CSL	C	0.04%
	TRU	A	0.04%
	BAH	B	0.04%
	ILMN	C	0.04%
	MKL	C	0.04%
	MSTR	D	0.04%
	RBLX	B	0.04%
	MDB	D	0.04%
	DKS	D	0.03%
	EQH	C	0.03%
	ACM	B	0.03%
	AMH	B	0.03%
	ERIE	B	0.03%
	TW	A	0.03%
	ELS	B	0.03%
	OC	C	0.03%
	WPC	B	0.03%
	GGG	C	0.03%
	GLPI	B	0.03%
	ZS	F	0.03%
	DT	C	0.03%
	PSTG	D	0.03%
	UTHR	C	0.03%
	HEI	A	0.03%
	FNF	B	0.03%
	RPM	B	0.03%
	LPLA	F	0.03%
	RS	D	0.03%
	WSO	C	0.03%
	BMRN	F	0.03%
	TPL	C	0.03%
	MANH	A	0.03%
	ENTG	D	0.03%
	DKNG	D	0.03%
	SSNC	A	0.03%
	ZM	C	0.03%
	CRBG	D	0.02%
	SEIC	C	0.02%
	DINO	F	0.02%
	BSY	D	0.02%
	CHK	D	0.02%
	ROKU	C	0.02%
	KNX	C	0.02%
	CHRD	F	0.02%
	TTC	D	0.02%
	TOST	C	0.02%
	Z	B	0.02%
	CG	D	0.02%
	ALLY	F	0.02%
	CNH	C	0.02%
	SNAP	F	0.02%
	AFG	B	0.02%
	IOT	B	0.02%
	RIVN	F	0.02%
	TWLO	D	0.02%
	WTRG	D	0.02%
	HOOD	C	0.02%
	OVV	F	0.02%
	RPRX	C	0.02%
	EXAS	C	0.02%
	CCK	A	0.02%
	HEI	A	0.02%
	DOCU	C	0.02%
	OKTA	F	0.02%
	NBIX	D	0.02%
	CELH	F	0.01%
	WLK	D	0.01%
	H	D	0.01%
	UHAL	B	0.01%
	ACI	D	0.01%

PBUS Underweight 17 Positions Relative to SPLG

	Symbol	Grade	Weight
	UAL	C	-0.03%
	RL	B	-0.02%
	AAL	D	-0.02%
	IVZ	C	-0.02%
	NCLH	C	-0.02%
	BWA	F	-0.02%
	FMC	C	-0.02%
	CZR	D	-0.02%
	MHK	B	-0.02%
	GNRC	D	-0.02%
	HAS	B	-0.02%
	FRT	B	-0.02%
	GL	C	-0.02%
	TPR	C	-0.02%
	PNW	A	-0.02%
	NWS	D	-0.01%
	ETSY	F	-0.01%

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

SPLG: Top Represented Industries & Keywords

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

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