PBUS vs. SPXE ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to ProShares S&P 500 Ex-Energy ETF (SPXE)

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

$53.99

Average Daily Volume

90,647

Number of Holdings ^*

588

* may have additional holdings in another (foreign) market

SPXE

ProShares S&P 500 Ex-Energy ETF

SPXE Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Energy Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Energy Sector.

Grade (RS Rating)

Last Trade

$58.12

Average Daily Volume

1,342

Number of Holdings ^*

474

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	SPXE
30 Days	3.47%	4.34%
60 Days	-2.73%	-2.69%
90 Days	1.50%	1.58%
12 Months	23.08%	24.35%

459 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in SPXE	Overlap
	A	B	0.08%	0.09%	0.08%
	AAPL	C	6.81%	7.19%	6.81%
	ABBV	B	0.7%	0.76%	0.7%
	ABNB	F	0.11%	0.11%	0.11%
	ABT	A	0.4%	0.43%	0.4%
	ACGL	B	0.09%	0.09%	0.09%
	ACN	A	0.44%	0.47%	0.44%
	ADBE	B	0.52%	0.55%	0.52%
	ADI	C	0.24%	0.25%	0.24%
	ADM	D	0.06%	0.07%	0.06%
	ADP	B	0.23%	0.25%	0.23%
	ADSK	B	0.11%	0.12%	0.11%
	AEE	A	0.04%	0.05%	0.04%
	AEP	A	0.11%	0.11%	0.11%
	AES	D	0.02%	0.03%	0.02%
	AFL	B	0.12%	0.12%	0.12%
	AIG	D	0.11%	0.11%	0.11%
	AIZ	B	0.02%	0.02%	0.02%
	AJG	A	0.13%	0.14%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	F	0.02%	0.02%	0.02%
	ALGN	F	0.03%	0.04%	0.03%
	ALL	B	0.1%	0.11%	0.1%
	ALLE	B	0.02%	0.03%	0.02%
	AMAT	F	0.33%	0.35%	0.33%
	AMCR	B	0.03%	0.04%	0.03%
	AMD	F	0.49%	0.52%	0.49%
	AME	D	0.08%	0.09%	0.08%
	AMGN	C	0.36%	0.39%	0.36%
	AMP	B	0.09%	0.1%	0.09%
	AMT	A	0.21%	0.23%	0.21%
	AMZN	D	3.39%	3.45%	3.39%
	ANET	D	0.19%	0.19%	0.19%
	ANSS	D	0.06%	0.06%	0.06%
	AON	A	0.14%	0.16%	0.14%
	AOS	D	0.02%	0.02%	0.02%
	APD	B	0.13%	0.13%	0.13%
	APH	D	0.16%	0.18%	0.16%
	APTV	D	0.04%	0.04%	0.04%
	ARE	D	0.04%	0.04%	0.04%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.07%	0.06%
	AVGO	D	1.45%	1.52%	1.45%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.06%	0.06%	0.06%
	AXON	B	0.05%	0.06%	0.05%
	AXP	B	0.3%	0.32%	0.3%
	AZO	B	0.11%	0.12%	0.11%
	BA	F	0.2%	0.22%	0.2%
	BAC	D	0.59%	0.6%	0.59%
	BALL	A	0.04%	0.04%	0.04%
	BAX	A	0.04%	0.04%	0.04%
	BBWI	F	0.01%	0.02%	0.01%
	BBY	A	0.04%	0.04%	0.04%
	BDX	D	0.14%	0.15%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BIIB	D	0.06%	0.07%	0.06%
	BIO	A	0.01%	0.01%	0.01%
	BK	B	0.1%	0.11%	0.1%
	BKNG	C	0.27%	0.29%	0.27%
	BLDR	C	0.04%	0.05%	0.04%
	BLK	B	0.27%	0.27%	0.27%
	BMY	B	0.2%	0.22%	0.2%
	BR	C	0.05%	0.05%	0.05%
	BRK.A	B	1.26%	1.85%	1.26%
	BRO	A	0.05%	0.05%	0.05%
	BSX	A	0.24%	0.26%	0.24%
	BX	B	0.21%	0.22%	0.21%
	BXP	A	0.02%	0.02%	0.02%
	C	D	0.24%	0.26%	0.24%
	CAG	A	0.03%	0.03%	0.03%
	CAH	A	0.06%	0.06%	0.06%
	CARR	B	0.12%	0.13%	0.12%
	CAT	C	0.36%	0.37%	0.36%
	CB	A	0.23%	0.25%	0.23%
	CBOE	A	0.04%	0.05%	0.04%
	CBRE	B	0.07%	0.08%	0.07%
	CCI	A	0.1%	0.11%	0.1%
	CCL	D	0.03%	0.04%	0.03%
	CDNS	D	0.15%	0.16%	0.15%
	CDW	D	0.06%	0.07%	0.06%
	CE	F	0.03%	0.03%	0.03%
	CEG	D	0.13%	0.13%	0.13%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	A	0.05%	0.05%	0.05%
	CHRW	B	0.02%	0.03%	0.02%
	CHTR	C	0.07%	0.08%	0.07%
	CI	B	0.21%	0.22%	0.21%
	CINF	B	0.04%	0.05%	0.04%
	CL	A	0.17%	0.19%	0.17%
	CLX	A	0.04%	0.04%	0.04%
	CMCSA	C	0.32%	0.34%	0.32%
	CME	A	0.16%	0.17%	0.16%
	CMG	D	0.16%	0.17%	0.16%
	CMI	B	0.09%	0.09%	0.09%
	CMS	A	0.04%	0.04%	0.04%
	CNC	D	0.09%	0.09%	0.09%
	CNP	D	0.03%	0.04%	0.03%
	COF	C	0.11%	0.12%	0.11%
	COST	B	0.8%	0.87%	0.8%
	CPAY	B	0.04%	0.05%	0.04%
	CPB	A	0.02%	0.02%	0.02%
	CPRT	D	0.09%	0.1%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	F	0.02%	0.02%	0.02%
	CRM	D	0.5%	0.55%	0.5%
	CRWD	F	0.13%	0.13%	0.13%
	CSCO	B	0.41%	0.44%	0.41%
	CSGP	C	0.06%	0.07%	0.06%
	CSX	D	0.14%	0.15%	0.14%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	A	0.02%	0.02%	0.02%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	B	0.08%	0.09%	0.08%
	CVS	F	0.15%	0.16%	0.15%
	CZR	D	0.02%	0.02%	0.02%
	D	A	0.09%	0.1%	0.09%
	DAL	D	0.01%	0.06%	0.01%
	DAY	C	0.02%	0.02%	0.02%
	DD	C	0.07%	0.08%	0.07%
	DE	B	0.21%	0.21%	0.21%
	DECK	C	0.05%	0.05%	0.05%
	DFS	C	0.07%	0.08%	0.07%
	DG	F	0.04%	0.06%	0.04%
	DGX	B	0.04%	0.04%	0.04%
	DHI	B	0.11%	0.12%	0.11%
	DHR	B	0.38%	0.39%	0.38%
	DIS	F	0.34%	0.36%	0.34%
	DLR	D	0.1%	0.11%	0.1%
	DLTR	F	0.04%	0.04%	0.04%
	DOC	B	0.03%	0.03%	0.03%
	DOV	C	0.05%	0.05%	0.05%
	DOW	D	0.08%	0.08%	0.08%
	DPZ	D	0.03%	0.03%	0.03%
	DRI	A	0.04%	0.04%	0.04%
	DTE	B	0.05%	0.06%	0.05%
	DUK	A	0.18%	0.19%	0.18%
	DVA	B	0.02%	0.02%	0.02%
	DXCM	F	0.05%	0.06%	0.05%
	EA	C	0.08%	0.08%	0.08%
	EBAY	A	0.06%	0.06%	0.06%
	ECL	B	0.13%	0.14%	0.13%
	ED	A	0.07%	0.08%	0.07%
	EFX	B	0.08%	0.08%	0.08%
	EG	B	0.03%	0.04%	0.03%
	EIX	A	0.07%	0.07%	0.07%
	EL	F	0.04%	0.05%	0.04%
	ELV	B	0.26%	0.28%	0.26%
	EMN	C	0.02%	0.03%	0.02%
	EMR	D	0.12%	0.13%	0.12%
	ENPH	D	0.03%	0.04%	0.03%
	EPAM	C	0.02%	0.03%	0.02%
	EQIX	B	0.16%	0.17%	0.16%
	EQR	B	0.05%	0.06%	0.05%
	ES	A	0.05%	0.05%	0.05%
	ESS	B	0.04%	0.04%	0.04%
	ETN	D	0.25%	0.26%	0.25%
	ETR	A	0.05%	0.06%	0.05%
	ETSY	F	0.01%	0.01%	0.01%
	EVRG	A	0.03%	0.03%	0.03%
	EW	F	0.09%	0.09%	0.09%
	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	B	0.08%	0.08%	0.08%
	F	D	0.09%	0.1%	0.09%
	FAST	D	0.08%	0.09%	0.08%
	FCX	D	0.13%	0.14%	0.13%
	FDS	C	0.03%	0.03%	0.03%
	FDX	D	0.14%	0.15%	0.14%
	FE	A	0.05%	0.05%	0.05%
	FFIV	B	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	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	C	0.05%	0.05%	0.05%
	FTNT	B	0.1%	0.11%	0.1%
	FTV	D	0.05%	0.06%	0.05%
	GD	B	0.14%	0.15%	0.14%
	GDDY	C	0.05%	0.05%	0.05%
	GE	C	0.39%	0.41%	0.39%
	GEHC	B	0.07%	0.08%	0.07%
	GEV	A	0.11%	0.11%	0.11%
	GILD	A	0.2%	0.22%	0.2%
	GIS	A	0.08%	0.09%	0.08%
	GLW	C	0.07%	0.07%	0.07%
	GM	B	0.12%	0.12%	0.12%
	GOOG	D	1.71%	1.77%	1.71%
	GOOGL	D	1.95%	2.11%	1.95%
	GPC	D	0.04%	0.04%	0.04%
	GPN	C	0.06%	0.06%	0.06%
	GRMN	B	0.06%	0.06%	0.06%
	GS	C	0.34%	0.36%	0.34%
	GWW	C	0.09%	0.09%	0.09%
	HBAN	B	0.04%	0.05%	0.04%
	HCA	B	0.16%	0.17%	0.16%
	HD	B	0.74%	0.81%	0.74%
	HIG	B	0.07%	0.07%	0.07%
	HII	B	0.02%	0.02%	0.02%
	HLT	C	0.11%	0.12%	0.11%
	HOLX	A	0.04%	0.04%	0.04%
	HON	D	0.27%	0.29%	0.27%
	HPE	D	0.05%	0.05%	0.05%
	HPQ	D	0.07%	0.07%	0.07%
	HRL	A	0.02%	0.02%	0.02%
	HSIC	C	0.02%	0.02%	0.02%
	HST	D	0.03%	0.03%	0.03%
	HSY	A	0.06%	0.06%	0.06%
	HUBB	C	0.04%	0.05%	0.04%
	HUM	D	0.09%	0.09%	0.09%
	HWM	B	0.08%	0.08%	0.08%
	IBM	A	0.38%	0.4%	0.38%
	ICE	A	0.19%	0.2%	0.19%
	IDXX	D	0.08%	0.09%	0.08%
	IEX	D	0.03%	0.03%	0.03%
	IFF	A	0.05%	0.06%	0.05%
	INCY	C	0.02%	0.02%	0.02%
	INTC	F	0.19%	0.18%	0.18%
	INTU	D	0.36%	0.38%	0.36%
	INVH	B	0.05%	0.05%	0.05%
	IP	B	0.03%	0.04%	0.03%
	IPG	B	0.03%	0.03%	0.03%
	IQV	B	0.09%	0.1%	0.09%
	IR	D	0.08%	0.08%	0.08%
	IRM	B	0.07%	0.07%	0.07%
	ISRG	B	0.35%	0.38%	0.35%
	IT	B	0.08%	0.08%	0.08%
	ITW	C	0.15%	0.15%	0.15%
	J	C	0.04%	0.04%	0.04%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	F	0.03%	0.03%	0.03%
	JCI	C	0.1%	0.11%	0.1%
	JKHY	B	0.03%	0.03%	0.03%
	JNJ	B	0.81%	0.87%	0.81%
	JNPR	A	0.03%	0.03%	0.03%
	JPM	B	1.31%	1.4%	1.31%
	K	A	0.04%	0.05%	0.04%
	KDP	A	0.08%	0.08%	0.08%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.05%	0.06%	0.05%
	KHC	A	0.07%	0.06%	0.06%
	KIM	A	0.03%	0.03%	0.03%
	KKR	B	0.16%	0.18%	0.16%
	KLAC	D	0.22%	0.24%	0.22%
	KMB	A	0.1%	0.11%	0.1%
	KMX	C	0.03%	0.03%	0.03%
	KO	B	0.6%	0.61%	0.6%
	KR	C	0.07%	0.08%	0.07%
	KVUE	A	0.09%	0.09%	0.09%
	L	B	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%	0.1%	0.09%
	LIN	B	0.47%	0.5%	0.47%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	B	1.57%	1.67%	1.57%
	LMT	A	0.25%	0.26%	0.25%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.29%	0.31%	0.29%
	LRCX	F	0.22%	0.23%	0.22%
	LULU	F	0.06%	0.07%	0.06%
	LUV	A	0.01%	0.04%	0.01%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	D	0.05%	0.06%	0.05%
	LYV	D	0.03%	0.03%	0.03%
	MA	B	0.82%	0.85%	0.82%
	MAA	B	0.04%	0.04%	0.04%
	MAR	D	0.12%	0.12%	0.12%
	MAS	B	0.04%	0.04%	0.04%
	MCD	A	0.42%	0.46%	0.42%
	MCHP	D	0.09%	0.09%	0.09%
	MCK	D	0.15%	0.16%	0.15%
	MCO	B	0.16%	0.17%	0.16%
	MDLZ	A	0.2%	0.21%	0.2%
	MDT	A	0.24%	0.26%	0.24%
	MET	B	0.1%	0.1%	0.1%
	META	C	2.31%	2.5%	2.31%
	MGM	F	0.02%	0.02%	0.02%
	MKC	A	0.04%	0.04%	0.04%
	MKTX	A	0.02%	0.02%	0.02%
	MLM	D	0.07%	0.07%	0.07%
	MMC	A	0.23%	0.25%	0.23%
	MMM	B	0.15%	0.16%	0.15%
	MNST	D	0.07%	0.07%	0.07%
	MO	A	0.19%	0.2%	0.19%
	MOH	C	0.04%	0.05%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPWR	C	0.09%	0.1%	0.09%
	MRK	D	0.61%	0.66%	0.61%
	MRNA	F	0.05%	0.06%	0.05%
	MS	C	0.26%	0.28%	0.26%
	MSCI	B	0.09%	0.1%	0.09%
	MSFT	D	5.97%	6.72%	5.97%
	MSI	B	0.15%	0.16%	0.15%
	MTB	B	0.06%	0.06%	0.06%
	MTCH	B	0.02%	0.02%	0.02%
	MTD	C	0.06%	0.07%	0.06%
	MU	F	0.22%	0.23%	0.22%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	A	0.34%	0.36%	0.34%
	NEM	B	0.12%	0.13%	0.12%
	NFLX	B	0.62%	0.65%	0.62%
	NI	A	0.03%	0.03%	0.03%
	NKE	C	0.2%	0.22%	0.2%
	NOC	B	0.15%	0.16%	0.15%
	NOW	B	0.35%	0.37%	0.35%
	NRG	C	0.04%	0.04%	0.04%
	NSC	B	0.12%	0.12%	0.12%
	NTAP	D	0.05%	0.06%	0.05%
	NTRS	B	0.04%	0.04%	0.04%
	NUE	F	0.07%	0.08%	0.07%
	NVDA	D	6.05%	6.81%	6.05%
	NVR	B	0.06%	0.07%	0.06%
	NWSA	C	0.02%	0.02%	0.02%
	NXPI	D	0.13%	0.14%	0.13%
	O	A	0.11%	0.12%	0.11%
	ODFL	D	0.08%	0.08%	0.08%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.07%	0.07%	0.07%
	ORCL	A	0.47%	0.48%	0.47%
	ORLY	B	0.14%	0.15%	0.14%
	OTIS	D	0.08%	0.08%	0.08%
	PANW	B	0.24%	0.25%	0.24%
	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	A	0.08%	0.09%	0.08%
	PEG	B	0.08%	0.09%	0.08%
	PEP	A	0.48%	0.53%	0.48%
	PFE	D	0.33%	0.36%	0.33%
	PFG	D	0.04%	0.04%	0.04%
	PG	A	0.82%	0.88%	0.82%
	PGR	A	0.3%	0.32%	0.3%
	PH	B	0.16%	0.17%	0.16%
	PHM	B	0.06%	0.06%	0.06%
	PKG	B	0.04%	0.04%	0.04%
	PLD	B	0.24%	0.26%	0.24%
	PM	A	0.39%	0.42%	0.39%
	PNC	B	0.15%	0.16%	0.15%
	PNR	B	0.03%	0.03%	0.03%
	PODD	A	0.03%	0.03%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	D	0.06%	0.07%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	C	0.09%	0.09%	0.09%
	PSA	A	0.11%	0.12%	0.11%
	PTC	D	0.04%	0.05%	0.04%
	PWR	C	0.08%	0.09%	0.08%
	PYPL	B	0.15%	0.16%	0.15%
	QCOM	F	0.4%	0.42%	0.4%
	QRVO	D	0.02%	0.02%	0.02%
	RCL	C	0.08%	0.09%	0.08%
	REG	A	0.03%	0.03%	0.03%
	REGN	B	0.26%	0.28%	0.26%
	RF	B	0.04%	0.05%	0.04%
	RJF	D	0.05%	0.05%	0.05%
	RMD	A	0.07%	0.08%	0.07%
	ROK	D	0.06%	0.07%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	C	0.12%	0.13%	0.12%
	ROST	B	0.1%	0.11%	0.1%
	RSG	B	0.09%	0.09%	0.09%
	RTX	B	0.33%	0.35%	0.33%
	SBAC	A	0.05%	0.05%	0.05%
	SBUX	B	0.22%	0.24%	0.22%
	SCHW	D	0.2%	0.21%	0.2%
	SHW	B	0.18%	0.19%	0.18%
	SJM	A	0.02%	0.03%	0.02%
	SMCI	F	0.05%	0.05%	0.05%
	SNA	D	0.03%	0.03%	0.03%
	SNPS	D	0.16%	0.17%	0.16%
	SO	A	0.19%	0.21%	0.19%
	SOLV	B	0.02%	0.02%	0.02%
	SPG	B	0.11%	0.12%	0.11%
	SPGI	A	0.33%	0.36%	0.33%
	SRE	B	0.11%	0.11%	0.11%
	STE	A	0.05%	0.05%	0.05%
	STLD	D	0.04%	0.04%	0.04%
	STT	B	0.05%	0.06%	0.05%
	STX	D	0.04%	0.04%	0.04%
	STZ	B	0.08%	0.09%	0.08%
	SW	D	0.05%	0.05%	0.05%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	D	0.04%	0.04%	0.04%
	SYF	C	0.04%	0.04%	0.04%
	SYK	A	0.25%	0.27%	0.25%
	SYY	A	0.08%	0.08%	0.08%
	T	A	0.29%	0.31%	0.29%
	TAP	C	0.02%	0.02%	0.02%
	TDG	B	0.16%	0.16%	0.16%
	TDY	B	0.04%	0.04%	0.04%
	TECH	D	0.02%	0.02%	0.02%
	TEL	C	0.1%	0.1%	0.1%
	TER	D	0.04%	0.05%	0.04%
	TFC	B	0.12%	0.13%	0.12%
	TFX	A	0.02%	0.02%	0.02%
	TGT	B	0.14%	0.16%	0.14%
	TJX	B	0.27%	0.3%	0.27%
	TMO	A	0.48%	0.52%	0.48%
	TMUS	B	0.21%	0.23%	0.21%
	TRMB	D	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRV	A	0.11%	0.11%	0.11%
	TSCO	B	0.06%	0.06%	0.06%
	TSLA	D	1.24%	1.26%	1.24%
	TSN	A	0.04%	0.04%	0.04%
	TT	B	0.17%	0.17%	0.17%
	TTWO	B	0.05%	0.06%	0.05%
	TXN	C	0.4%	0.42%	0.4%
	TXT	D	0.04%	0.04%	0.04%
	TYL	A	0.05%	0.05%	0.05%
	UBER	B	0.28%	0.33%	0.28%
	UDR	B	0.03%	0.03%	0.03%
	UHS	B	0.03%	0.03%	0.03%
	ULTA	D	0.03%	0.04%	0.03%
	UNH	A	1.1%	1.19%	1.1%
	UNP	B	0.32%	0.34%	0.32%
	UPS	F	0.19%	0.2%	0.19%
	URI	C	0.1%	0.11%	0.1%
	USB	B	0.15%	0.16%	0.15%
	V	A	0.89%	0.93%	0.89%
	VICI	A	0.07%	0.08%	0.07%
	VLTO	B	0.06%	0.05%	0.05%
	VMC	D	0.07%	0.07%	0.07%
	VRSK	C	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRTX	D	0.26%	0.28%	0.26%
	VST	C	0.06%	0.06%	0.06%
	VTR	A	0.05%	0.05%	0.05%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	B	0.36%	0.38%	0.36%
	WAB	B	0.06%	0.06%	0.06%
	WAT	B	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.04%	0.04%	0.04%
	WDC	D	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	A	0.14%	0.16%	0.14%
	WFC	D	0.42%	0.44%	0.42%
	WM	D	0.17%	0.17%	0.17%
	WMT	A	0.69%	0.72%	0.69%
	WRB	B	0.04%	0.04%	0.04%
	WST	D	0.05%	0.05%	0.05%
	WTW	A	0.06%	0.06%	0.06%
	WY	C	0.04%	0.05%	0.04%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	A	0.07%	0.07%	0.07%
	XYL	D	0.07%	0.07%	0.07%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	D	0.05%	0.05%	0.05%
	ZBRA	C	0.04%	0.04%	0.04%
	ZTS	A	0.17%	0.18%	0.17%

PBUS Overweight 129 Positions Relative to SPXE

	Symbol	Grade	Weight
	XOM	C	1.07%
	CVX	F	0.53%
	COP	D	0.27%
	MELI	B	0.19%
	EOG	D	0.15%
	SLB	F	0.13%
	MPC	D	0.13%
	MRVL	D	0.13%
	PLTR	B	0.12%
	PSX	D	0.12%
	OKE	A	0.11%
	WDAY	C	0.11%
	WMB	B	0.11%
	WCN	B	0.1%
	VLO	D	0.1%
	LNG	B	0.09%
	KMI	B	0.09%
	APO	D	0.09%
	TTD	B	0.09%
	OXY	F	0.08%
	HES	F	0.08%
	VEEV	A	0.07%
	ALNY	C	0.07%
	FANG	D	0.07%
	COIN	F	0.07%
	SNOW	F	0.07%
	BKR	D	0.07%
	DASH	B	0.07%
	SQ	D	0.07%
	HAL	F	0.06%
	DVN	F	0.06%
	VRT	F	0.06%
	DELL	F	0.06%
	TRGP	A	0.06%
	DDOG	D	0.06%
	HUBS	F	0.05%
	NET	F	0.05%
	TEAM	F	0.05%
	ARES	C	0.05%
	BURL	B	0.04%
	ENTG	D	0.04%
	AVTR	B	0.04%
	TPL	C	0.04%
	ZS	F	0.04%
	EME	C	0.04%
	CTRA	F	0.04%
	EQT	D	0.04%
	LII	C	0.04%
	TRU	B	0.04%
	PINS	F	0.04%
	CSL	C	0.04%
	ILMN	B	0.04%
	FCNCA	C	0.04%
	BAH	B	0.04%
	RBLX	B	0.04%
	MSTR	F	0.04%
	MDB	C	0.04%
	MKL	C	0.04%
	NBIX	D	0.03%
	OKTA	F	0.03%
	ELS	A	0.03%
	AMH	A	0.03%
	ERIE	A	0.03%
	WPC	A	0.03%
	DT	A	0.03%
	ACM	B	0.03%
	TW	B	0.03%
	DKS	C	0.03%
	GLPI	A	0.03%
	EQH	C	0.03%
	GGG	D	0.03%
	OC	D	0.03%
	DKNG	D	0.03%
	HEI	B	0.03%
	RPM	A	0.03%
	FNF	B	0.03%
	PSTG	F	0.03%
	WSO	D	0.03%
	UTHR	B	0.03%
	WSM	D	0.03%
	MANH	B	0.03%
	MRO	C	0.03%
	SSNC	B	0.03%
	RS	D	0.03%
	APP	B	0.03%
	LPLA	D	0.03%
	SUI	A	0.03%
	ZM	B	0.03%
	BMRN	D	0.03%
	SEIC	D	0.02%
	DINO	F	0.02%
	RGEN	C	0.02%
	BSY	D	0.02%
	CHK	F	0.02%
	IOT	A	0.02%
	TOST	D	0.02%
	Z	B	0.02%
	ROKU	C	0.02%
	KNX	D	0.02%
	CNH	C	0.02%
	CHRD	F	0.02%
	CG	D	0.02%
	AFG	A	0.02%
	TTC	D	0.02%
	SNAP	F	0.02%
	WTRG	D	0.02%
	RIVN	F	0.02%
	APA	F	0.02%
	HOOD	D	0.02%
	TWLO	D	0.02%
	CCK	A	0.02%
	EXAS	B	0.02%
	RPRX	B	0.02%
	HEI	B	0.02%
	OVV	F	0.02%
	ALLY	C	0.02%
	DOCU	A	0.02%
	CFLT	F	0.01%
	U	D	0.01%
	WLK	D	0.01%
	PATH	D	0.01%
	CELH	F	0.01%
	LSCC	F	0.01%
	CLF	F	0.01%
	UHAL	B	0.01%
	H	C	0.01%
	ACI	D	0.01%
	PCTY	C	0.01%
	CRBG	C	0.01%

PBUS Underweight 15 Positions Relative to SPXE

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

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Semiconductors Asset Management Business Services Software - Infrastructure Diagnostics & Research Oil & Gas E&P Specialty Retail Biotechnology Capital Markets Aerospace & Defense Banks - Regional - US 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 Cloud Computing Semiconductor Banking Mining IBD 50 Insurance Products

SPXE: Top Represented Industries & Keywords

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

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