PBUS vs. VCIT ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

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

VCIT

Vanguard Intermediate-Term Corporate Bond ETF

VCIT Description

The investment seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities between 5 and 10 years. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$81.02

Average Daily Volume

6,271,503

Number of Holdings ^*

488

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	VCIT
30 Days	3.61%	-0.48%
60 Days	5.14%	-2.66%
90 Days	6.91%	-1.47%
12 Months	33.43%	8.62%

348 Overlapping Holdings

Symbol	Grade	Weight in PBUS	Weight in VCIT	Overlap
A	D	0.07%	0.02%	0.02%
AAPL	C	6.43%	0.01%	0.01%
ABBV	D	0.57%	0.13%	0.13%
ABT	B	0.39%	0.02%	0.02%
ACGL	D	0.07%	0.03%	0.03%
ADBE	C	0.43%	0.05%	0.05%
ADI	D	0.2%	0.04%	0.04%
ADM	D	0.05%	0.05%	0.05%
ADP	B	0.24%	0.04%	0.04%
ADSK	A	0.13%	0.03%	0.03%
AEE	A	0.05%	0.01%	0.01%
AEP	D	0.1%	0.01%	0.01%
AES	F	0.02%	0.02%	0.02%
AFG	A	0.02%	0.02%	0.02%
AFL	B	0.11%	0.01%	0.01%
AIG	B	0.1%	0.02%	0.02%
AIZ	A	0.02%	0.02%	0.02%
ALL	A	0.1%	0.02%	0.02%
ALLE	D	0.02%	0.02%	0.02%
AMAT	F	0.27%	0.04%	0.04%
AMCR	D	0.03%	0.01%	0.01%
AMGN	D	0.3%	0.01%	0.01%
AMH	D	0.02%	0.02%	0.02%
AMT	D	0.18%	0.03%	0.03%
AMZN	C	3.66%	0.09%	0.09%
AON	A	0.14%	0.01%	0.01%
APD	A	0.14%	0.02%	0.02%
APH	A	0.16%	0.02%	0.02%
APTV	D	0.03%	0.01%	0.01%
ARE	D	0.03%	0.01%	0.01%
ATO	A	0.04%	0.02%	0.02%
AVB	B	0.06%	0.02%	0.02%
AVGO	D	1.39%	0.01%	0.01%
AVY	D	0.03%	0.02%	0.02%
AWK	D	0.05%	0.02%	0.02%
AXP	A	0.32%	0.11%	0.11%
AZO	C	0.1%	0.03%	0.03%
BA	F	0.2%	0.03%	0.03%
BAC	A	0.62%	0.01%	0.01%
BAX	D	0.03%	0.02%	0.02%
BBY	D	0.03%	0.02%	0.02%
BDX	F	0.12%	0.03%	0.03%
BEN	C	0.01%	0.04%	0.01%
BG	F	0.02%	0.03%	0.02%
BIIB	F	0.04%	0.07%	0.04%
BK	A	0.11%	0.01%	0.01%
BKNG	A	0.33%	0.03%	0.03%
BLK	C	0.29%	0.04%	0.04%
BMY	B	0.23%	0.03%	0.03%
BR	A	0.05%	0.04%	0.04%
BRO	B	0.05%	0.02%	0.02%
BSX	B	0.26%	0.01%	0.01%
BXP	D	0.02%	0.02%	0.02%
C	A	0.25%	0.02%	0.02%
CAG	D	0.02%	0.01%	0.01%
CAH	B	0.06%	0.05%	0.05%
CARR	D	0.12%	0.04%	0.04%
CAT	B	0.36%	0.02%	0.02%
CB	C	0.21%	0.01%	0.01%
CBOE	B	0.04%	0.02%	0.02%
CCI	D	0.09%	0.03%	0.03%
CE	F	0.02%	0.02%	0.02%
CFG	B	0.04%	0.03%	0.03%
CHD	B	0.05%	0.02%	0.02%
CHRW	C	0.02%	0.03%	0.02%
CHTR	C	0.07%	0.06%	0.06%
CI	F	0.18%	0.02%	0.02%
CINF	A	0.05%	0.02%	0.02%
CLX	B	0.04%	0.01%	0.01%
CMCSA	B	0.32%	0.02%	0.02%
CME	A	0.16%	0.03%	0.03%
CMI	A	0.1%	0.04%	0.04%
CMS	C	0.04%	0.02%	0.02%
CNH	C	0.02%	0.04%	0.02%
CNP	B	0.04%	0.02%	0.02%
COF	B	0.13%	0.03%	0.03%
COP	C	0.25%	0.01%	0.01%
COST	B	0.79%	0.07%	0.07%
CPB	D	0.02%	0.03%	0.02%
CPT	B	0.02%	0.02%	0.02%
CRM	B	0.61%	0.07%	0.07%
CSL	C	0.04%	0.03%	0.03%
CSX	B	0.13%	0.02%	0.02%
CTAS	B	0.15%	0.05%	0.05%
CTVA	C	0.08%	0.02%	0.02%
CVS	D	0.14%	0.02%	0.02%
CVX	A	0.54%	0.01%	0.01%
D	C	0.09%	0.01%	0.01%
DAL	C	0.02%	0.03%	0.02%
DD	D	0.07%	0.1%	0.07%
DE	A	0.2%	0.01%	0.01%
DELL	C	0.07%	0.04%	0.04%
DFS	B	0.08%	0.01%	0.01%
DG	F	0.03%	0.03%	0.03%
DGX	A	0.03%	0.01%	0.01%
DHI	D	0.09%	0.02%	0.02%
DHR	F	0.3%	0.04%	0.04%
DIS	B	0.4%	0.03%	0.03%
DLR	B	0.12%	0.03%	0.03%
DLTR	F	0.03%	0.07%	0.03%
DOC	D	0.03%	0.01%	0.01%
DOV	A	0.05%	0.02%	0.02%
DOW	F	0.06%	0.01%	0.01%
DRI	B	0.04%	0.02%	0.02%
DT	C	0.03%	0.28%	0.03%
DTE	C	0.05%	0.01%	0.01%
DUK	C	0.17%	0.01%	0.01%
DVN	F	0.05%	0.01%	0.01%
EA	A	0.08%	0.04%	0.04%
EBAY	D	0.06%	0.04%	0.04%
ECL	D	0.12%	0.01%	0.01%
ED	D	0.06%	0.01%	0.01%
EFX	F	0.06%	0.03%	0.03%
EIX	B	0.06%	0.01%	0.01%
EL	F	0.03%	0.02%	0.02%
EMN	D	0.02%	0.03%	0.02%
EMR	A	0.14%	0.01%	0.01%
EOG	A	0.15%	0.05%	0.05%
EQH	B	0.03%	0.01%	0.01%
EQIX	A	0.17%	0.02%	0.02%
EQR	B	0.05%	0.02%	0.02%
ES	D	0.04%	0.01%	0.01%
ESS	B	0.04%	0.01%	0.01%
ETN	A	0.28%	0.03%	0.03%
ETR	B	0.06%	0.01%	0.01%
EVRG	A	0.03%	0.01%	0.01%
EW	C	0.08%	0.03%	0.03%
EXC	C	0.08%	0.01%	0.01%
EXPE	B	0.04%	0.05%	0.04%
EXR	D	0.07%	0.02%	0.02%
FANG	D	0.07%	0.04%	0.04%
FDX	B	0.13%	0.02%	0.02%
FIS	C	0.09%	0.03%	0.03%
FITB	A	0.06%	0.03%	0.03%
FNF	B	0.03%	0.02%	0.02%
FOXA	B	0.02%	0.03%	0.02%
FTNT	C	0.12%	0.02%	0.02%
GD	F	0.13%	0.01%	0.01%
GE	D	0.37%	0.04%	0.04%
GILD	C	0.21%	0.01%	0.01%
GIS	D	0.07%	0.04%	0.04%
GLPI	C	0.03%	0.03%	0.03%
GM	B	0.12%	0.02%	0.02%
GOOG	C	1.73%	0.01%	0.01%
GOOGL	C	1.99%	0.04%	0.04%
GPC	D	0.03%	0.02%	0.02%
GPN	B	0.06%	0.02%	0.02%
GS	A	0.36%	0.05%	0.05%
H	B	0.01%	0.02%	0.01%
HAL	C	0.05%	0.06%	0.05%
HBAN	A	0.05%	0.02%	0.02%
HCA	F	0.13%	0.05%	0.05%
HD	A	0.76%	0.03%	0.03%
HES	B	0.08%	0.02%	0.02%
HIG	B	0.07%	0.03%	0.03%
HII	D	0.01%	0.01%	0.01%
HON	B	0.28%	0.01%	0.01%
HPQ	B	0.07%	0.04%	0.04%
HRL	D	0.02%	0.01%	0.01%
HST	C	0.02%	0.03%	0.02%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.05%	0.01%	0.01%
HUM	C	0.07%	0.01%	0.01%
IBM	C	0.38%	0.01%	0.01%
ICE	C	0.17%	0.03%	0.03%
IEX	B	0.03%	0.05%	0.03%
IFF	D	0.04%	0.02%	0.02%
ILMN	D	0.04%	0.03%	0.03%
INTC	D	0.2%	0.05%	0.05%
INTU	C	0.35%	0.02%	0.02%
INVH	D	0.04%	0.04%	0.04%
IPG	D	0.02%	0.02%	0.02%
ITW	B	0.15%	0.04%	0.04%
JBL	B	0.03%	0.03%	0.03%
JCI	C	0.11%	0.02%	0.02%
JNJ	D	0.71%	0.01%	0.01%
JNPR	F	0.02%	0.03%	0.02%
JPM	A	1.33%	0.01%	0.01%
K	A	0.04%	0.02%	0.02%
KDP	D	0.07%	0.03%	0.03%
KEY	B	0.03%	0.02%	0.02%
KEYS	A	0.06%	0.03%	0.03%
KIM	A	0.03%	0.02%	0.02%
KLAC	D	0.16%	0.04%	0.04%
KMB	D	0.09%	0.02%	0.02%
KMI	A	0.11%	0.01%	0.01%
KO	D	0.5%	0.01%	0.01%
KR	B	0.08%	0.01%	0.01%
L	A	0.03%	0.04%	0.03%
LDOS	C	0.04%	0.05%	0.04%
LEN	D	0.08%	0.01%	0.01%
LH	C	0.04%	0.01%	0.01%
LHX	C	0.09%	0.01%	0.01%
LII	A	0.04%	0.02%	0.02%
LIN	D	0.42%	0.03%	0.03%
LLY	F	1.17%	0.03%	0.03%
LMT	D	0.22%	0.04%	0.04%
LNT	A	0.03%	0.01%	0.01%
LOW	D	0.29%	0.01%	0.01%
LRCX	F	0.18%	0.04%	0.04%
LUV	C	0.01%	0.01%	0.01%
LVS	C	0.04%	0.04%	0.04%
LYB	F	0.04%	0.03%	0.03%
MA	C	0.82%	0.03%	0.03%
MAA	B	0.04%	0.01%	0.01%
MAR	B	0.13%	0.01%	0.01%
MAS	D	0.03%	0.02%	0.02%
MCD	D	0.4%	0.01%	0.01%
MCO	B	0.15%	0.02%	0.02%
MDLZ	F	0.17%	0.02%	0.02%
MDT	D	0.21%	0.02%	0.02%
MET	A	0.1%	0.07%	0.07%
MKC	D	0.04%	0.01%	0.01%
MKL	A	0.04%	0.01%	0.01%
MLM	B	0.07%	0.01%	0.01%
MMC	B	0.21%	0.04%	0.04%
MMM	D	0.14%	0.02%	0.02%
MO	A	0.18%	0.02%	0.02%
MOS	F	0.02%	0.04%	0.02%
MPC	D	0.11%	0.04%	0.04%
MRK	F	0.48%	0.06%	0.06%
MRO	B	0.03%	0.05%	0.03%
MRVL	B	0.15%	0.03%	0.03%
MS	A	0.31%	0.01%	0.01%
MSFT	F	5.65%	0.23%	0.23%
MSI	B	0.16%	0.02%	0.02%
MTB	A	0.07%	0.04%	0.04%
MU	D	0.21%	0.03%	0.03%
NDAQ	A	0.07%	0.03%	0.03%
NEE	D	0.3%	0.01%	0.01%
NEM	D	0.1%	0.05%	0.05%
NI	A	0.03%	0.03%	0.03%
NKE	D	0.17%	0.04%	0.04%
NOC	D	0.13%	0.02%	0.02%
NOW	A	0.4%	0.07%	0.07%
NSC	B	0.11%	0.01%	0.01%
NTAP	C	0.05%	0.03%	0.03%
NTRS	A	0.04%	0.02%	0.02%
NUE	C	0.07%	0.02%	0.02%
NVDA	C	6.92%	0.06%	0.06%
NVR	D	0.05%	0.05%	0.05%
NXPI	D	0.11%	0.03%	0.03%
O	D	0.1%	0.03%	0.03%
OC	A	0.03%	0.02%	0.02%
OKE	A	0.13%	0.01%	0.01%
OMC	C	0.04%	0.03%	0.03%
ORCL	B	0.61%	0.02%	0.02%
ORLY	B	0.14%	0.01%	0.01%
OTIS	C	0.08%	0.04%	0.04%
PCG	A	0.08%	0.01%	0.01%
PEG	A	0.09%	0.01%	0.01%
PEP	F	0.42%	0.02%	0.02%
PFE	D	0.27%	0.03%	0.03%
PFG	D	0.04%	0.02%	0.02%
PG	A	0.78%	0.04%	0.04%
PGR	A	0.29%	0.01%	0.01%
PH	A	0.17%	0.05%	0.05%
PHM	D	0.05%	0.03%	0.03%
PKG	A	0.04%	0.02%	0.02%
PLD	D	0.2%	0.01%	0.01%
PM	B	0.39%	0.02%	0.02%
PNC	B	0.16%	0.01%	0.01%
PNR	A	0.03%	0.01%	0.01%
PPG	F	0.06%	0.02%	0.02%
PRU	A	0.09%	0.02%	0.02%
PSA	D	0.1%	0.01%	0.01%
PSX	C	0.11%	0.04%	0.04%
PWR	A	0.09%	0.05%	0.05%
PYPL	B	0.16%	0.05%	0.05%
QCOM	F	0.33%	0.05%	0.05%
QRVO	F	0.01%	0.05%	0.01%
REG	B	0.03%	0.02%	0.02%
REGN	F	0.15%	0.06%	0.06%
RF	A	0.05%	0.03%	0.03%
RJF	A	0.06%	0.07%	0.06%
ROK	B	0.06%	0.01%	0.01%
ROP	B	0.11%	0.03%	0.03%
ROST	C	0.09%	0.02%	0.02%
RPM	A	0.03%	0.03%	0.03%
RPRX	D	0.02%	0.02%	0.02%
RS	B	0.04%	0.02%	0.02%
RSG	A	0.09%	0.01%	0.01%
RTX	C	0.31%	0.01%	0.01%
SBUX	A	0.21%	0.02%	0.02%
SCHW	B	0.23%	0.01%	0.01%
SHW	A	0.17%	0.02%	0.02%
SJM	D	0.02%	0.03%	0.02%
SLB	C	0.12%	0.05%	0.05%
SNA	A	0.04%	0.01%	0.01%
SO	D	0.19%	0.02%	0.02%
SPG	B	0.11%	0.01%	0.01%
SPGI	C	0.31%	0.02%	0.02%
SRE	A	0.11%	0.03%	0.03%
STE	F	0.04%	0.05%	0.04%
STLD	B	0.04%	0.02%	0.02%
STT	A	0.06%	0.01%	0.01%
STZ	D	0.08%	0.02%	0.02%
SUI	D	0.03%	0.01%	0.01%
SWK	D	0.02%	0.03%	0.02%
SWKS	F	0.03%	0.03%	0.03%
SYF	B	0.05%	0.03%	0.03%
SYK	C	0.26%	0.02%	0.02%
SYY	B	0.07%	0.05%	0.05%
T	A	0.32%	0.05%	0.05%
TDY	B	0.04%	0.03%	0.03%
TFC	A	0.12%	0.02%	0.02%
TGT	F	0.11%	0.02%	0.02%
TJX	A	0.26%	0.01%	0.01%
TMO	F	0.38%	0.03%	0.03%
TMUS	B	0.24%	0.09%	0.09%
TRMB	B	0.03%	0.03%	0.03%
TSCO	D	0.06%	0.03%	0.03%
TSN	B	0.03%	0.06%	0.03%
TT	A	0.18%	0.03%	0.03%
TXN	C	0.35%	0.02%	0.02%
TXT	D	0.03%	0.01%	0.01%
UDR	B	0.03%	0.01%	0.01%
UHS	D	0.02%	0.04%	0.02%
UNH	C	1.07%	0.01%	0.01%
UNP	C	0.27%	0.02%	0.02%
UPS	C	0.19%	0.03%	0.03%
URI	B	0.11%	0.04%	0.04%
USB	A	0.15%	0.01%	0.01%
V	A	0.93%	0.03%	0.03%
VLO	C	0.09%	0.03%	0.03%
VMC	B	0.07%	0.02%	0.02%
VRSK	A	0.08%	0.06%	0.06%
VRSN	F	0.03%	0.04%	0.03%
VTR	C	0.05%	0.02%	0.02%
VTRS	A	0.03%	0.04%	0.03%
VZ	C	0.34%	0.04%	0.04%
WAB	B	0.07%	0.04%	0.04%
WBA	F	0.01%	0.02%	0.01%
WEC	A	0.06%	0.01%	0.01%
WELL	A	0.16%	0.01%	0.01%
WFC	A	0.49%	0.01%	0.01%
WLK	D	0.01%	0.01%	0.01%
WM	A	0.17%	0.01%	0.01%
WMB	A	0.14%	0.01%	0.01%
WMT	A	0.74%	0.01%	0.01%
WPC	D	0.02%	0.02%	0.02%
WTRG	B	0.02%	0.03%	0.02%
WY	D	0.04%	0.01%	0.01%
XEL	A	0.07%	0.01%	0.01%
XOM	B	1.04%	0.01%	0.01%
XYL	D	0.06%	0.02%	0.02%
ZBH	C	0.04%	0.05%	0.04%
ZTS	D	0.15%	0.02%	0.02%

PBUS Overweight 236 Positions Relative to VCIT

Symbol	Grade	Weight
META	D	2.39%
TSLA	B	1.89%
BRK.A	B	1.2%
NFLX	A	0.73%
CSCO	B	0.45%
AMD	F	0.43%
ACN	C	0.43%
ISRG	A	0.37%
FI	A	0.25%
UBER	D	0.25%
BX	A	0.25%
PLTR	B	0.24%
PANW	C	0.24%
VRTX	F	0.22%
ANET	C	0.2%
ELV	F	0.18%
GEV	B	0.18%
KKR	A	0.18%
MELI	D	0.17%
CMG	B	0.16%
MCK	B	0.16%
CRWD	B	0.16%
SNPS	B	0.16%
CDNS	B	0.16%
CL	D	0.14%
MSTR	C	0.14%
TDG	D	0.14%
CEG	D	0.14%
APO	B	0.13%
APP	B	0.13%
ABNB	C	0.12%
COIN	C	0.12%
HLT	A	0.12%
FCX	D	0.12%
AJG	B	0.12%
WDAY	B	0.11%
TTD	B	0.11%
AMP	A	0.11%
RCL	A	0.11%
PCAR	B	0.11%
FICO	B	0.11%
TRV	B	0.11%
SQ	B	0.1%
LNG	B	0.1%
GWW	B	0.1%
DASH	A	0.1%
VST	B	0.1%
BKR	B	0.09%
AME	A	0.09%
KVUE	A	0.09%
HWM	A	0.09%
PAYX	C	0.09%
MSCI	C	0.09%
FAST	B	0.09%
FLUT	A	0.09%
CPRT	A	0.09%
WCN	A	0.09%
VRT	B	0.09%
SNOW	C	0.08%
TEAM	A	0.08%
MNST	C	0.08%
IT	C	0.08%
CBRE	B	0.08%
IR	B	0.08%
F	C	0.08%
ODFL	B	0.08%
TRGP	B	0.08%
COR	B	0.08%
AXON	A	0.08%
OXY	D	0.07%
IDXX	F	0.07%
MCHP	D	0.07%
LULU	C	0.07%
IQV	D	0.07%
RMD	C	0.07%
GEHC	F	0.07%
YUM	B	0.07%
DDOG	A	0.07%
CTSH	B	0.07%
GLW	B	0.07%
ON	D	0.06%
ANSS	B	0.06%
SW	A	0.06%
NET	B	0.06%
DXCM	D	0.06%
TPL	A	0.06%
TTWO	A	0.06%
GRMN	B	0.06%
CSGP	D	0.06%
CNC	D	0.06%
ALNY	D	0.06%
WTW	B	0.06%
ARES	A	0.06%
VEEV	C	0.06%
HUBS	A	0.06%
VICI	C	0.06%
IRM	D	0.06%
LPLA	A	0.05%
SBAC	D	0.05%
EME	C	0.05%
CDW	F	0.05%
RBLX	C	0.05%
CPAY	A	0.05%
CCL	B	0.05%
PPL	B	0.05%
TYL	B	0.05%
VLTO	D	0.05%
EQT	B	0.05%
TROW	B	0.05%
MTD	D	0.05%
FTV	C	0.05%
MPWR	F	0.05%
DECK	A	0.05%
GDDY	A	0.05%
HPE	B	0.05%
KHC	F	0.05%
HOLX	D	0.04%
ZS	C	0.04%
PODD	C	0.04%
WSO	A	0.04%
FSLR	F	0.04%
BALL	D	0.04%
BAH	F	0.04%
WRB	A	0.04%
HOOD	B	0.04%
ZBRA	B	0.04%
TRU	D	0.04%
IP	B	0.04%
DKNG	B	0.04%
STX	D	0.04%
NRG	B	0.04%
ZM	B	0.04%
CTRA	B	0.04%
WDC	D	0.04%
MDB	C	0.04%
BLDR	D	0.04%
WAT	B	0.04%
FCNCA	A	0.04%
LYV	A	0.04%
PTC	A	0.04%
WST	C	0.04%
WSM	B	0.04%
FE	C	0.04%
WBD	C	0.04%
AKAM	D	0.03%
AVTR	F	0.03%
SMCI	F	0.03%
POOL	C	0.03%
EPAM	C	0.03%
RVTY	F	0.03%
NDSN	B	0.03%
ROL	B	0.03%
FFIV	B	0.03%
JBHT	C	0.03%
ENTG	D	0.03%
ACM	A	0.03%
GGG	B	0.03%
UTHR	C	0.03%
DPZ	C	0.03%
TOST	B	0.03%
PSTG	D	0.03%
TW	A	0.03%
HEI	B	0.03%
ALGN	D	0.03%
EG	C	0.03%
DOCU	A	0.03%
TER	D	0.03%
SSNC	B	0.03%
TWLO	A	0.03%
ULTA	F	0.03%
CF	B	0.03%
GEN	B	0.03%
EXPD	D	0.03%
J	F	0.03%
MANH	D	0.03%
PINS	D	0.03%
BURL	A	0.03%
MOH	F	0.03%
FDS	B	0.03%
CHRD	D	0.02%
APA	D	0.02%
CRBG	B	0.02%
TTC	D	0.02%
AOS	F	0.02%
TFX	F	0.02%
ENPH	F	0.02%
ROKU	D	0.02%
DVA	B	0.02%
SEIC	B	0.02%
MGM	D	0.02%
KNX	B	0.02%
WYNN	D	0.02%
CRL	C	0.02%
FBIN	D	0.02%
HSIC	B	0.02%
ALLY	C	0.02%
EXAS	D	0.02%
MKTX	D	0.02%
SOLV	C	0.02%
LKQ	D	0.02%
CTLT	B	0.02%
TECH	D	0.02%
IOT	A	0.02%
CCK	C	0.02%
PAYC	B	0.02%
LW	C	0.02%
NWSA	B	0.02%
SNAP	C	0.02%
ERIE	D	0.02%
TAP	C	0.02%
DKS	C	0.02%
BMRN	D	0.02%
INCY	C	0.02%
KMX	B	0.02%
HEI	B	0.02%
Z	A	0.02%
OKTA	C	0.02%
CG	A	0.02%
DAY	B	0.02%
MRNA	F	0.02%
NBIX	C	0.02%
ELS	C	0.02%
OVV	B	0.02%
JKHY	D	0.02%
ALB	C	0.02%
CELH	F	0.01%
UHAL	D	0.01%
FOX	A	0.01%
PARA	C	0.01%
BBWI	D	0.01%
DINO	D	0.01%
BIO	D	0.01%
ACI	C	0.01%
RIVN	F	0.01%
BSY	D	0.01%
MTCH	D	0.01%

PBUS Underweight 140 Positions Relative to VCIT

Symbol	Grade	Weight
WIT	A	-0.15%
DB	D	-0.07%
BABA	D	-0.07%
KOF	F	-0.06%
BMO	A	-0.05%
ARCC	A	-0.05%
TD	F	-0.05%
BHF	B	-0.05%
AZN	D	-0.05%
NWG	C	-0.05%
AGR	B	-0.04%
AMG	B	-0.04%
XRAY	F	-0.04%
EXP	A	-0.04%
PAA	B	-0.04%
AER	B	-0.04%
MPLX	A	-0.04%
ET	A	-0.04%
GSK	F	-0.04%
VOD	F	-0.04%
KEX	C	-0.03%
HRB	D	-0.03%
INGR	B	-0.03%
KSS	F	-0.03%
FHN	A	-0.03%
FAF	A	-0.03%
AYI	B	-0.03%
BNS	A	-0.03%
BERY	B	-0.03%
SBRA	C	-0.03%
HP	B	-0.03%
JD	D	-0.03%
DXC	B	-0.03%
FLS	B	-0.03%
DOX	D	-0.03%
BC	C	-0.03%
CNO	A	-0.03%
CMA	A	-0.03%
AGO	B	-0.03%
ARW	D	-0.03%
AAT	B	-0.03%
BDN	C	-0.03%
TEL	B	-0.03%
WB	D	-0.03%
ZION	B	-0.03%
VNT	B	-0.03%
RL	B	-0.03%
SCS	C	-0.03%
SON	D	-0.03%
SNX	C	-0.03%
RGA	A	-0.03%
FMC	D	-0.03%
VFC	C	-0.03%
FLEX	A	-0.03%
EPD	A	-0.03%
MUFG	B	-0.03%
UNM	A	-0.02%
TME	D	-0.02%
R	B	-0.02%
SKT	B	-0.02%
SITC	D	-0.02%
SAFE	D	-0.02%
AVT	C	-0.02%
BKU	A	-0.02%
AN	C	-0.02%
NVT	B	-0.02%
HR	C	-0.02%
GXO	B	-0.02%
EPRT	B	-0.02%
FRT	B	-0.02%
WU	D	-0.02%
TKR	D	-0.02%
RYN	D	-0.02%
SF	B	-0.02%
NOV	C	-0.02%
NHI	D	-0.02%
MHK	D	-0.02%
DSS	F	-0.02%
WBS	A	-0.02%
VOYA	B	-0.02%
VNO	B	-0.02%
FSK	A	-0.02%
OSK	B	-0.02%
MCY	A	-0.02%
PDM	D	-0.02%
LEG	F	-0.02%
LAZ	B	-0.02%
KRC	C	-0.02%
PRE	D	-0.02%
LNC	B	-0.02%
GL	B	-0.02%
EPR	D	-0.02%
CP	D	-0.02%
LEA	D	-0.02%
HUN	F	-0.02%
BIDU	F	-0.02%
ESGR	B	-0.02%
JEF	A	-0.02%
GBDC	C	-0.01%
SAVE	D	-0.01%
OCSL	F	-0.01%
PSEC	D	-0.01%
NEU	C	-0.01%
OGS	A	-0.01%
KRG	B	-0.01%
WTFC	A	-0.01%
CBT	C	-0.01%
KMT	B	-0.01%
THG	A	-0.01%
CHH	A	-0.01%
ADC	B	-0.01%
KMPR	B	-0.01%
PNW	B	-0.01%
RNR	C	-0.01%
AAL	B	-0.01%
LXP	D	-0.01%
NFG	A	-0.01%
OPI	F	-0.01%
HPP	F	-0.01%
CUBE	D	-0.01%
BKH	A	-0.01%
SWX	B	-0.01%
OGE	B	-0.01%
GP	F	-0.01%
HIW	D	-0.01%
FLO	D	-0.01%
AXS	A	-0.01%
REXR	F	-0.01%
CNA	B	-0.01%
AAP	C	-0.01%
NNN	D	-0.01%
AL	B	-0.01%
OHI	C	-0.01%
HAS	D	-0.01%
BWA	D	-0.01%
WHR	B	-0.01%
WEST	C	-0.01%
BRX	A	-0.01%
UAL	A	-0.01%
HSBC	B	-0.01%