PRF vs. BND ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Vanguard Total Bond Market ETF (BND)

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$39.11

Average Daily Volume

341,876

Number of Holdings ^*

978

* may have additional holdings in another (foreign) market

BND

Vanguard Total Bond Market ETF

BND Description

The investment seeks the performance of a broad, market-weighted bond index. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Aggregate Float Adjusted Index. This Index represents a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. 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 held in the index.

Grade (RS Rating)

Last Trade

$73.57

Average Daily Volume

5,529,152

Number of Holdings ^*

549

* may have additional holdings in another (foreign) market

Performance

Period	PRF	BND
30 Days	2.79%	2.98%
60 Days	2.96%	3.64%
90 Days	5.45%	4.06%
12 Months	18.72%	6.49%

469 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in BND	Overlap
A	B	0.04%	0.01%	0.01%
AAL	F	0.01%	0.01%	0.01%
AAP	D	0.03%	0.01%	0.01%
AAPL	C	2.33%	0.01%	0.01%
ABBV	A	0.66%	0.01%	0.01%
ABT	B	0.31%	0.01%	0.01%
ACGL	D	0.07%	0.01%	0.01%
ADBE	B	0.12%	0.01%	0.01%
ADC	A	0.02%	0.01%	0.01%
ADI	D	0.19%	0.01%	0.01%
ADM	D	0.27%	0.01%	0.01%
ADP	A	0.12%	0.01%	0.01%
ADSK	C	0.02%	0.01%	0.01%
AEE	A	0.09%	0.01%	0.01%
AEP	A	0.22%	0.01%	0.01%
AER	C	0.09%	0.01%	0.01%
AES	D	0.07%	0.01%	0.01%
AFG	B	0.05%	0.01%	0.01%
AFL	A	0.19%	0.01%	0.01%
AGO	C	0.02%	0.01%	0.01%
AGR	A	0.02%	0.01%	0.01%
AIG	C	0.33%	0.01%	0.01%
AIZ	B	0.04%	0.01%	0.01%
AJG	A	0.07%	0.01%	0.01%
AL	C	0.03%	0.01%	0.01%
ALB	F	0.03%	0.01%	0.01%
ALL	A	0.18%	0.01%	0.01%
ALLE	B	0.02%	0.01%	0.01%
ALLY	B	0.1%	0.01%	0.01%
AMAT	D	0.15%	0.01%	0.01%
AMG	B	0.02%	0.01%	0.01%
AMGN	A	0.38%	0.01%	0.01%
AMH	C	0.02%	0.01%	0.01%
AMP	D	0.08%	0.01%	0.01%
AMT	A	0.18%	0.01%	0.01%
AMZN	D	1.59%	0.01%	0.01%
AN	B	0.06%	0.01%	0.01%
AON	B	0.06%	0.01%	0.01%
APD	C	0.14%	0.01%	0.01%
APH	D	0.08%	0.01%	0.01%
APO	C	0.04%	0.01%	0.01%
APTV	D	0.05%	0.01%	0.01%
ARE	D	0.07%	0.01%	0.01%
ARW	C	0.09%	0.01%	0.01%
ATO	A	0.05%	0.01%	0.01%
AVA	A	0.02%	0.01%	0.01%
AVB	A	0.08%	0.01%	0.01%
AVGO	D	0.47%	0.01%	0.01%
AVT	D	0.04%	0.01%	0.01%
AVY	D	0.04%	0.01%	0.01%
AWK	A	0.06%	0.01%	0.01%
AXP	A	0.27%	0.01%	0.01%
AXS	B	0.03%	0.01%	0.01%
AYI	D	0.02%	0.01%	0.01%
AZO	A	0.07%	0.01%	0.01%
BA	D	0.16%	0.01%	0.01%
BAC	C	1.32%	0.01%	0.01%
BAX	C	0.06%	0.01%	0.01%
BBY	B	0.14%	0.01%	0.01%
BC	C	0.02%	0.01%	0.01%
BDN	B	0.01%	0.01%	0.01%
BDX	C	0.14%	0.01%	0.01%
BEN	D	0.04%	0.01%	0.01%
BERY	B	0.04%	0.01%	0.01%
BG	C	0.14%	0.01%	0.01%
BHF	B	0.03%	0.01%	0.01%
BIIB	F	0.12%	0.01%	0.01%
BK	A	0.24%	0.01%	0.01%
BKH	A	0.02%	0.01%	0.01%
BKNG	D	0.08%	0.01%	0.01%
BLK	A	0.29%	0.01%	0.01%
BMY	B	0.38%	0.01%	0.01%
BR	A	0.03%	0.01%	0.01%
BRO	A	0.03%	0.01%	0.01%
BRX	A	0.03%	0.01%	0.01%
BSX	D	0.11%	0.01%	0.01%
BWA	C	0.05%	0.01%	0.01%
BXP	B	0.06%	0.01%	0.01%
C	B	1.16%	0.01%	0.01%
CAG	A	0.08%	0.01%	0.01%
CAH	B	0.25%	0.01%	0.01%
CARR	B	0.11%	0.01%	0.01%
CAT	C	0.32%	0.01%	0.01%
CB	A	0.3%	0.01%	0.01%
CBOE	C	0.02%	0.01%	0.01%
CBT	C	0.02%	0.01%	0.01%
CCI	A	0.13%	0.01%	0.01%
CDNS	F	0.02%	0.01%	0.01%
CE	F	0.04%	0.01%	0.01%
CF	D	0.05%	0.01%	0.01%
CFG	B	0.16%	0.01%	0.01%
CHD	D	0.04%	0.01%	0.01%
CHRW	A	0.06%	0.01%	0.01%
CHTR	B	0.25%	0.01%	0.01%
CI	C	0.42%	0.01%	0.01%
CINF	A	0.07%	0.01%	0.01%
CL	A	0.15%	0.01%	0.01%
CLX	D	0.04%	0.01%	0.01%
CMA	B	0.05%	0.01%	0.01%
CMCSA	C	0.76%	0.01%	0.01%
CME	F	0.14%	0.01%	0.01%
CMI	B	0.13%	0.01%	0.01%
CMS	A	0.07%	0.01%	0.01%
CNH	F	0.06%	0.01%	0.01%
CNO	B	0.02%	0.01%	0.01%
CNP	F	0.08%	0.01%	0.01%
COF	B	0.36%	0.01%	0.01%
COP	F	0.44%	0.01%	0.01%
COST	D	0.53%	0.01%	0.01%
CPB	A	0.04%	0.01%	0.01%
CPT	A	0.04%	0.01%	0.01%
CRM	C	0.21%	0.01%	0.01%
CSCO	C	0.56%	0.01%	0.01%
CSL	C	0.03%	0.01%	0.01%
CSX	B	0.14%	0.01%	0.01%
CTAS	A	0.05%	0.01%	0.01%
CTVA	C	0.1%	0.01%	0.01%
CUBE	B	0.02%	0.01%	0.01%
CVS	C	0.62%	0.01%	0.01%
CVX	C	1.2%	0.01%	0.01%
D	A	0.26%	0.01%	0.01%
DAL	F	0.03%	0.01%	0.01%
DD	A	0.17%	0.01%	0.01%
DE	F	0.23%	0.01%	0.01%
DFS	B	0.17%	0.01%	0.01%
DG	D	0.09%	0.01%	0.01%
DGX	A	0.07%	0.01%	0.01%
DHI	A	0.14%	0.01%	0.01%
DHR	A	0.19%	0.01%	0.01%
DIS	D	0.37%	0.01%	0.01%
DLR	B	0.11%	0.01%	0.01%
DLTR	F	0.07%	0.01%	0.01%
DOC	A	0.07%	0.01%	0.01%
DOV	C	0.05%	0.01%	0.01%
DOW	F	0.23%	0.01%	0.01%
DOX	B	0.03%	0.01%	0.01%
DRI	D	0.04%	0.01%	0.01%
DTE	A	0.1%	0.01%	0.01%
DUK	A	0.42%	0.01%	0.01%
DVN	F	0.13%	0.01%	0.01%
DXC	C	0.04%	0.01%	0.01%
EA	A	0.04%	0.01%	0.01%
EBAY	A	0.09%	0.01%	0.01%
ECL	B	0.08%	0.01%	0.01%
ED	A	0.16%	0.01%	0.01%
EFX	A	0.03%	0.01%	0.01%
EG	D	0.05%	0.01%	0.01%
EIX	A	0.14%	0.01%	0.01%
EL	F	0.04%	0.01%	0.01%
EMN	A	0.07%	0.01%	0.01%
EMR	B	0.14%	0.01%	0.01%
EOG	C	0.27%	0.01%	0.01%
EPR	A	0.02%	0.01%	0.01%
EQH	B	0.05%	0.01%	0.01%
EQIX	B	0.09%	0.01%	0.01%
EQR	A	0.08%	0.01%	0.01%
ES	A	0.12%	0.01%	0.01%
ESGR	B	0.02%	0.01%	0.01%
ESS	A	0.05%	0.01%	0.01%
ETN	D	0.16%	0.01%	0.01%
ETR	A	0.12%	0.01%	0.01%
EVRG	A	0.07%	0.01%	0.01%
EW	F	0.03%	0.01%	0.01%
EXC	B	0.2%	0.01%	0.01%
EXPE	D	0.03%	0.01%	0.01%
EXR	B	0.04%	0.01%	0.01%
FAF	B	0.04%	0.01%	0.01%
FANG	B	0.09%	0.01%	0.01%
FDX	B	0.34%	0.01%	0.01%
FE	A	0.11%	0.01%	0.01%
FHN	C	0.05%	0.01%	0.01%
FIS	D	0.14%	0.01%	0.01%
FITB	B	0.14%	0.01%	0.01%
FLEX	D	0.07%	0.01%	0.01%
FLO	C	0.02%	0.01%	0.01%
FLS	B	0.02%	0.01%	0.01%
FMC	B	0.04%	0.01%	0.01%
FNF	A	0.06%	0.01%	0.01%
FOXA	A	0.05%	0.01%	0.01%
FRT	A	0.03%	0.01%	0.01%
FTNT	F	0.01%	0.01%	0.01%
FTV	F	0.03%	0.01%	0.01%
GD	C	0.19%	0.01%	0.01%
GE	B	0.23%	0.01%	0.01%
GILD	B	0.33%	0.01%	0.01%
GIS	B	0.14%	0.01%	0.01%
GL	C	0.02%	0.01%	0.01%
GLPI	B	0.03%	0.01%	0.01%
GLW	C	0.12%	0.01%	0.01%
GM	D	0.65%	0.01%	0.01%
GOOGL	D	1.04%	0.01%	0.01%
GPC	B	0.07%	0.01%	0.01%
GPN	D	0.06%	0.01%	0.01%
GS	A	0.7%	0.01%	0.01%
GWW	C	0.05%	0.01%	0.01%
GXO	C	0.03%	0.01%	0.01%
HAL	F	0.08%	0.01%	0.01%
HAS	B	0.04%	0.01%	0.01%
HBAN	B	0.11%	0.01%	0.01%
HCA	A	0.17%	0.01%	0.01%
HD	C	0.68%	0.01%	0.01%
HES	D	0.06%	0.01%	0.01%
HIG	A	0.14%	0.01%	0.01%
HII	C	0.04%	0.01%	0.01%
HIW	A	0.02%	0.01%	0.01%
HOG	B	0.02%	0.01%	0.01%
HON	D	0.27%	0.01%	0.01%
HP	C	0.02%	0.01%	0.01%
HPE	D	0.19%	0.01%	0.01%
HPP	C	0.01%	0.01%	0.01%
HPQ	C	0.2%	0.01%	0.01%
HRB	A	0.02%	0.01%	0.01%
HRL	B	0.04%	0.01%	0.01%
HST	F	0.04%	0.01%	0.01%
HSY	B	0.05%	0.01%	0.01%
HUBB	C	0.03%	0.01%	0.01%
HUM	D	0.21%	0.01%	0.01%
HUN	D	0.03%	0.01%	0.01%
IBM	B	0.51%	0.01%	0.01%
ICE	A	0.12%	0.01%	0.01%
IEX	D	0.02%	0.01%	0.01%
IFF	A	0.09%	0.01%	0.01%
ILMN	B	0.02%	0.01%	0.01%
INGR	A	0.03%	0.01%	0.01%
INTC	F	0.6%	0.01%	0.01%
INTU	B	0.09%	0.01%	0.01%
INVH	B	0.05%	0.01%	0.01%
IP	A	0.14%	0.01%	0.01%
IPG	B	0.05%	0.01%	0.01%
ITW	C	0.12%	0.01%	0.01%
IVZ	B	0.06%	0.01%	0.01%
JBHT	C	0.03%	0.01%	0.01%
JBL	F	0.05%	0.01%	0.01%
JCI	C	0.16%	0.01%	0.01%
JEF	B	0.06%	0.01%	0.01%
JHG	B	0.03%	0.01%	0.01%
JLL	A	0.06%	0.01%	0.01%
JNJ	B	1.03%	0.01%	0.01%
JNPR	A	0.03%	0.01%	0.01%
JPM	B	2.05%	0.01%	0.01%
K	A	0.06%	0.01%	0.01%
KDP	A	0.1%	0.01%	0.01%
KEX	C	0.02%	0.01%	0.01%
KEY	B	0.1%	0.01%	0.01%
KEYS	F	0.03%	0.01%	0.01%
KIM	A	0.05%	0.01%	0.01%
KLAC	D	0.07%	0.01%	0.01%
KMB	B	0.15%	0.01%	0.01%
KMI	B	0.26%	0.01%	0.01%
KMPR	B	0.02%	0.01%	0.01%
KMT	C	0.01%	0.01%	0.01%
KO	A	0.53%	0.01%	0.01%
KR	B	0.3%	0.01%	0.01%
KRC	C	0.03%	0.01%	0.01%
KRG	A	0.02%	0.01%	0.01%
KSS	D	0.05%	0.01%	0.01%
L	B	0.06%	0.01%	0.01%
LDOS	C	0.06%	0.01%	0.01%
LEA	C	0.05%	0.01%	0.01%
LEG	D	0.02%	0.01%	0.01%
LEN	A	0.01%	0.01%	0.01%
LEN	A	0.13%	0.01%	0.01%
LHX	B	0.11%	0.01%	0.01%
LII	B	0.02%	0.01%	0.01%
LIN	B	0.3%	0.01%	0.01%
LLY	D	0.23%	0.01%	0.01%
LMT	A	0.36%	0.01%	0.01%
LNC	B	0.07%	0.01%	0.01%
LNT	A	0.05%	0.01%	0.01%
LOW	B	0.32%	0.01%	0.01%
LRCX	F	0.09%	0.01%	0.01%
LUV	F	0.02%	0.01%	0.01%
LVS	F	0.03%	0.01%	0.01%
LXP	B	0.01%	0.01%	0.01%
LYB	B	0.17%	0.01%	0.01%
MA	C	0.16%	0.01%	0.01%
MAA	A	0.05%	0.01%	0.01%
MAR	F	0.05%	0.01%	0.01%
MAS	B	0.03%	0.01%	0.01%
MCD	C	0.25%	0.01%	0.01%
MCHP	F	0.07%	0.01%	0.01%
MCK	A	0.47%	0.01%	0.01%
MCO	A	0.06%	0.01%	0.01%
MDLZ	C	0.2%	0.01%	0.01%
MDT	C	0.34%	0.01%	0.01%
MET	B	0.28%	0.01%	0.01%
MHK	B	0.07%	0.01%	0.01%
MKC	B	0.05%	0.01%	0.01%
MKL	C	0.08%	0.01%	0.01%
MLM	B	0.04%	0.01%	0.01%
MMC	A	0.14%	0.01%	0.01%
MMM	A	0.42%	0.01%	0.01%
MO	A	0.5%	0.01%	0.01%
MOS	D	0.07%	0.01%	0.01%
MPC	C	0.36%	0.01%	0.01%
MRK	F	0.55%	0.01%	0.01%
MRO	D	0.07%	0.01%	0.01%
MRVL	F	0.05%	0.01%	0.01%
MS	B	0.49%	0.01%	0.01%
MSFT	D	1.97%	0.01%	0.01%
MSI	A	0.06%	0.01%	0.01%
MTB	B	0.14%	0.01%	0.01%
MU	D	0.36%	0.01%	0.01%
NDAQ	B	0.03%	0.01%	0.01%
NEE	A	0.4%	0.01%	0.01%
NEM	A	0.19%	0.01%	0.01%
NFG	A	0.02%	0.01%	0.01%
NI	A	0.06%	0.01%	0.01%
NKE	F	0.12%	0.01%	0.01%
NNN	A	0.02%	0.01%	0.01%
NOC	A	0.17%	0.01%	0.01%
NOV	B	0.03%	0.01%	0.01%
NOW	B	0.03%	0.01%	0.01%
NSC	B	0.13%	0.01%	0.01%
NTAP	C	0.06%	0.01%	0.01%
NTRS	B	0.09%	0.01%	0.01%
NUE	F	0.14%	0.01%	0.01%
NVDA	D	0.21%	0.01%	0.01%
NVR	A	0.05%	0.01%	0.01%
NVT	D	0.02%	0.01%	0.01%
NWE	B	0.02%	0.01%	0.01%
NXPI	D	0.09%	0.01%	0.01%
O	A	0.1%	0.01%	0.01%
OC	B	0.05%	0.01%	0.01%
OGE	A	0.04%	0.01%	0.01%
OGS	B	0.02%	0.01%	0.01%
OHI	A	0.03%	0.01%	0.01%
OKE	B	0.14%	0.01%	0.01%
OMC	B	0.08%	0.01%	0.01%
ORCL	B	0.26%	0.01%	0.01%
ORI	A	0.06%	0.01%	0.01%
ORLY	A	0.06%	0.01%	0.01%
OSK	D	0.03%	0.01%	0.01%
OTIS	D	0.06%	0.01%	0.01%
PCAR	F	0.13%	0.01%	0.01%
PCG	A	0.1%	0.01%	0.01%
PECO	B	0.01%	0.01%	0.01%
PEG	A	0.14%	0.01%	0.01%
PEP	B	0.53%	0.01%	0.01%
PFE	B	0.97%	0.01%	0.01%
PFG	C	0.1%	0.01%	0.01%
PG	B	0.76%	0.01%	0.01%
PGR	B	0.22%	0.01%	0.01%
PH	B	0.09%	0.01%	0.01%
PHM	B	0.08%	0.01%	0.01%
PKG	A	0.05%	0.01%	0.01%
PLD	B	0.17%	0.01%	0.01%
PM	A	0.62%	0.01%	0.01%
PNC	B	0.34%	0.01%	0.01%
PNR	B	0.03%	0.01%	0.01%
PNW	A	0.06%	0.01%	0.01%
PPG	F	0.07%	0.01%	0.01%
PPL	A	0.13%	0.01%	0.01%
PRU	B	0.24%	0.01%	0.01%
PSA	B	0.07%	0.01%	0.01%
PSX	C	0.33%	0.01%	0.01%
PWR	D	0.05%	0.01%	0.01%
PYPL	C	0.15%	0.01%	0.01%
QCOM	D	0.36%	0.01%	0.01%
QRVO	C	0.03%	0.01%	0.01%
R	B	0.05%	0.01%	0.01%
REG	A	0.04%	0.01%	0.01%
REGN	A	0.15%	0.01%	0.01%
REXR	B	0.02%	0.01%	0.01%
RF	B	0.11%	0.01%	0.01%
RGA	A	0.06%	0.01%	0.01%
RJF	F	0.05%	0.01%	0.01%
RL	D	0.02%	0.01%	0.01%
RNR	A	0.02%	0.01%	0.01%
ROK	D	0.05%	0.01%	0.01%
ROP	D	0.07%	0.01%	0.01%
ROST	D	0.06%	0.01%	0.01%
RPM	A	0.03%	0.01%	0.01%
RPRX	C	0.02%	0.01%	0.01%
RS	C	0.05%	0.01%	0.01%
RSG	B	0.06%	0.01%	0.01%
RTX	A	0.48%	0.01%	0.01%
RYN	B	0.01%	0.01%	0.01%
SBRA	B	0.02%	0.01%	0.01%
SBUX	F	0.14%	0.01%	0.01%
SCCO	D	0.02%	0.01%	0.01%
SCHW	F	0.16%	0.01%	0.01%
SF	B	0.03%	0.01%	0.01%
SHW	A	0.09%	0.01%	0.01%
SIGI	D	0.01%	0.01%	0.01%
SJM	B	0.05%	0.01%	0.01%
SLB	C	0.16%	0.01%	0.01%
SLG	B	0.04%	0.01%	0.01%
SNA	B	0.04%	0.01%	0.01%
SNV	B	0.03%	0.01%	0.01%
SNX	D	0.04%	0.01%	0.01%
SO	A	0.37%	0.01%	0.01%
SON	D	0.03%	0.01%	0.01%
SPG	A	0.11%	0.01%	0.01%
SPGI	A	0.17%	0.01%	0.01%
SRE	A	0.18%	0.01%	0.01%
STE	A	0.03%	0.01%	0.01%
STLD	C	0.07%	0.01%	0.01%
STT	B	0.15%	0.01%	0.01%
STZ	F	0.07%	0.01%	0.01%
SUI	A	0.04%	0.01%	0.01%
SWK	B	0.08%	0.01%	0.01%
SWKS	C	0.05%	0.01%	0.01%
SWX	B	0.03%	0.01%	0.01%
SYF	B	0.19%	0.01%	0.01%
SYK	D	0.11%	0.01%	0.01%
SYY	B	0.14%	0.01%	0.01%
T	A	1.07%	0.01%	0.01%
TAP	C	0.05%	0.01%	0.01%
TDY	B	0.04%	0.01%	0.01%
TEL	C	0.1%	0.01%	0.01%
TFC	B	0.36%	0.01%	0.01%
TGT	C	0.3%	0.01%	0.01%
THG	A	0.02%	0.01%	0.01%
TJX	A	0.19%	0.01%	0.01%
TKR	B	0.02%	0.01%	0.01%
TMO	A	0.26%	0.01%	0.01%
TMUS	A	0.26%	0.01%	0.01%
TRMB	F	0.02%	0.01%	0.01%
TRV	B	0.21%	0.01%	0.01%
TSCO	D	0.05%	0.01%	0.01%
TSN	A	0.16%	0.01%	0.01%
TT	B	0.09%	0.01%	0.01%
TXN	C	0.35%	0.01%	0.01%
TXT	B	0.05%	0.01%	0.01%
UAL	F	0.03%	0.01%	0.01%
UDR	B	0.04%	0.01%	0.01%
UHS	A	0.05%	0.01%	0.01%
UNH	A	1.08%	0.01%	0.01%
UNM	A	0.06%	0.01%	0.01%
UNP	B	0.27%	0.01%	0.01%
UPS	F	0.33%	0.01%	0.01%
USB	B	0.36%	0.01%	0.01%
V	D	0.22%	0.01%	0.01%
VFC	B	0.06%	0.01%	0.01%
VLO	B	0.4%	0.01%	0.01%
VMC	A	0.04%	0.01%	0.01%
VMI	B	0.02%	0.01%	0.01%
VNO	B	0.04%	0.01%	0.01%
VNT	F	0.02%	0.01%	0.01%
VOYA	D	0.03%	0.01%	0.01%
VRSK	C	0.03%	0.01%	0.01%
VTR	A	0.1%	0.01%	0.01%
VTRS	B	0.09%	0.01%	0.01%
VZ	C	1.24%	0.01%	0.01%
WAB	D	0.05%	0.01%	0.01%
WBA	F	0.16%	0.01%	0.01%
WBS	C	0.03%	0.01%	0.01%
WEC	A	0.1%	0.01%	0.01%
WELL	A	0.14%	0.01%	0.01%
WFC	C	1.14%	0.01%	0.01%
WHR	C	0.06%	0.01%	0.01%
WLK	D	0.02%	0.01%	0.01%
WM	C	0.12%	0.01%	0.01%
WMB	B	0.19%	0.01%	0.01%
WMT	B	1.02%	0.01%	0.01%
WPC	C	0.04%	0.01%	0.01%
WRB	B	0.04%	0.01%	0.01%
WTFC	B	0.02%	0.01%	0.01%
WTRG	A	0.03%	0.01%	0.01%
WU	D	0.04%	0.01%	0.01%
WY	B	0.1%	0.01%	0.01%
XEL	B	0.13%	0.01%	0.01%
XOM	B	2.32%	0.01%	0.01%
XRAY	C	0.01%	0.01%	0.01%
XYL	D	0.03%	0.01%	0.01%
ZBH	C	0.05%	0.01%	0.01%
ZION	C	0.04%	0.01%	0.01%
ZTS	B	0.06%	0.01%	0.01%

PRF Overweight 509 Positions Relative to BND

Symbol	Grade	Weight
BRK.A	C	2.33%
GOOG	D	0.89%
META	C	0.82%
F	F	0.42%
ELV	C	0.39%
CNC	B	0.29%
TSLA	C	0.27%
ACN	C	0.24%
NFLX	D	0.17%
AMD	F	0.16%
OXY	F	0.16%
WBD	D	0.15%
KHC	B	0.15%
FCX	D	0.15%
PARA	D	0.13%
MRNA	F	0.13%
WDC	F	0.12%
THC	B	0.12%
KKR	B	0.11%
BKR	B	0.11%
CBRE	A	0.11%
CEG	D	0.11%
BX	B	0.11%
CTSH	B	0.1%
URI	C	0.1%
JXN	B	0.09%
VRTX	A	0.09%
NRG	D	0.09%
KMX	B	0.09%
ZIM	D	0.09%
TROW	D	0.09%
TRGP	A	0.08%
STX	C	0.08%
IRM	A	0.08%
CTRA	F	0.08%
GEHC	B	0.08%
VST	D	0.08%
ACI	F	0.08%
PAYX	A	0.07%
IQV	B	0.07%
WTW	A	0.07%
ISRG	B	0.07%
TDG	D	0.07%
VICI	A	0.07%
USFD	C	0.07%
KD	C	0.06%
CCL	D	0.06%
MOH	C	0.06%
APA	C	0.06%
X	B	0.06%
GRMN	B	0.06%
M	D	0.06%
EQT	F	0.06%
GEV	C	0.06%
MPW	D	0.06%
CRBG	D	0.06%
LNG	A	0.06%
PFGC	D	0.06%
AA	F	0.06%
LKQ	F	0.05%
AR	D	0.05%
DINO	D	0.05%
CHK	F	0.05%
OVV	F	0.05%
BAP	C	0.05%
MGM	D	0.05%
SOLV	B	0.05%
TOL	B	0.05%
WCC	F	0.05%
SWN	F	0.05%
OGN	B	0.05%
GT	F	0.05%
PBF	F	0.05%
BALL	C	0.05%
UGI	A	0.05%
YUM	C	0.05%
CDW	D	0.05%
BJ	C	0.05%
SQ	F	0.05%
FYBR	A	0.05%
BLDR	C	0.05%
OMF	C	0.05%
FAST	C	0.05%
RCL	C	0.04%
UTHR	B	0.04%
MUSA	A	0.04%
DVA	D	0.04%
HWM	A	0.04%
FSLR	D	0.04%
MTH	B	0.04%
RIG	D	0.04%
DKS	D	0.04%
CLF	F	0.04%
SSNC	A	0.04%
TTWO	F	0.04%
GPI	B	0.04%
MTZ	D	0.04%
HSIC	B	0.04%
HBI	B	0.04%
EWBC	B	0.04%
TDS	B	0.04%
TMHC	B	0.04%
ABG	B	0.04%
HOLX	A	0.04%
CCK	B	0.04%
STWD	B	0.04%
CASY	B	0.04%
NWL	B	0.04%
LAD	B	0.04%
ACM	B	0.04%
AME	D	0.04%
J	B	0.04%
AVTR	B	0.04%
CCEP	C	0.04%
ON	D	0.04%
ICLR	B	0.04%
WSM	C	0.04%
EXPD	A	0.04%
UBER	F	0.04%
COHR	C	0.03%
RDN	B	0.03%
POR	A	0.03%
LUMN	B	0.03%
TER	D	0.03%
SKX	D	0.03%
CSGP	C	0.03%
NSIT	C	0.03%
ODFL	B	0.03%
BAH	D	0.03%
SCI	B	0.03%
RIVN	C	0.03%
FTI	B	0.03%
KBH	B	0.03%
DAR	C	0.03%
HE	C	0.03%
AKAM	C	0.03%
PK	F	0.03%
GPS	D	0.03%
MDU	B	0.03%
TRU	B	0.03%
DTM	A	0.03%
TPR	D	0.03%
CPRT	D	0.03%
AGNC	A	0.03%
ALV	D	0.03%
TPH	B	0.03%
CMC	B	0.03%
BBWI	F	0.03%
LAMR	B	0.03%
CMG	D	0.03%
PB	B	0.03%
RRX	B	0.03%
MUR	F	0.03%
CAR	F	0.03%
OLN	F	0.03%
CTLT	A	0.03%
CG	B	0.03%
FLR	C	0.03%
THO	C	0.03%
NXST	B	0.03%
FNB	B	0.03%
ANET	C	0.03%
NWSA	C	0.03%
CZR	D	0.03%
HLF	D	0.03%
ARMK	B	0.03%
SANM	B	0.03%
JWN	B	0.03%
TWLO	D	0.03%
CPAY	C	0.03%
BECN	B	0.03%
HLT	C	0.03%
COOP	C	0.03%
MNST	C	0.03%
RMD	B	0.03%
WAL	B	0.03%
CACI	A	0.03%
KNX	B	0.03%
BURL	A	0.03%
AGCO	F	0.03%
GPK	B	0.03%
ZBRA	B	0.03%
PENN	C	0.03%
WSO	C	0.03%
MAN	B	0.03%
BPOP	B	0.03%
SNPS	F	0.03%
SFM	A	0.03%
FCNCA	B	0.03%
EME	D	0.03%
IR	C	0.03%
RGLD	A	0.02%
GHC	C	0.02%
MTDR	D	0.02%
TTMI	C	0.02%
AEO	D	0.02%
LYV	C	0.02%
VSH	C	0.02%
ENS	B	0.02%
ENTG	F	0.02%
SFNC	C	0.02%
TEX	C	0.02%
W	F	0.02%
GGG	C	0.02%
BMRN	C	0.02%
OKTA	C	0.02%
FCN	C	0.02%
CW	A	0.02%
CPRI	D	0.02%
UMBF	B	0.02%
APLE	C	0.02%
SMG	B	0.02%
ATI	B	0.02%
GATX	C	0.02%
OI	C	0.02%
PLXS	B	0.02%
APG	D	0.02%
MMS	B	0.02%
BTU	D	0.02%
MTN	D	0.02%
MSM	C	0.02%
JKHY	B	0.02%
G	B	0.02%
DAN	D	0.02%
STAG	A	0.02%
WAT	B	0.02%
DASH	D	0.02%
SLGN	A	0.02%
IAC	B	0.02%
ABCB	B	0.02%
BCO	B	0.02%
VAC	F	0.02%
NDSN	C	0.02%
ASGN	D	0.02%
PCH	C	0.02%
GDDY	C	0.02%
GMS	C	0.02%
WWD	D	0.02%
CSTM	F	0.02%
DECK	D	0.02%
ALGN	F	0.02%
HUBG	B	0.02%
XPO	B	0.02%
LULU	F	0.02%
RXO	B	0.02%
REZI	C	0.02%
TCBI	C	0.02%
FFIV	B	0.02%
MELI	D	0.02%
PHIN	B	0.02%
VSAT	C	0.02%
CIEN	B	0.02%
TRN	A	0.02%
NJR	A	0.02%
PRI	A	0.02%
AVNT	B	0.02%
AOS	C	0.02%
TTC	C	0.02%
FULT	C	0.02%
PNM	A	0.02%
SLVM	B	0.02%
COLB	C	0.02%
POOL	B	0.02%
ITT	B	0.02%
CNM	C	0.02%
HOMB	B	0.02%
DPZ	D	0.02%
HCC	C	0.02%
SRCL	A	0.02%
XRX	F	0.02%
LSTR	B	0.02%
TFX	B	0.02%
ALE	A	0.02%
TYL	B	0.02%
DCI	B	0.02%
DY	B	0.02%
ATR	A	0.02%
FHB	C	0.02%
PAG	B	0.02%
MIDD	B	0.02%
UHAL	B	0.02%
LNW	A	0.02%
GBCI	C	0.02%
NAVI	C	0.02%
TNL	C	0.02%
SAIC	C	0.02%
RHI	F	0.02%
ESNT	B	0.02%
CR	B	0.02%
JAZZ	C	0.02%
GEO	C	0.02%
CIVI	D	0.02%
CHKP	A	0.02%
IDA	A	0.02%
MLI	B	0.02%
ELS	A	0.02%
IT	A	0.02%
MKSI	D	0.02%
INCY	C	0.02%
SR	B	0.02%
CNX	B	0.02%
DEI	B	0.02%
LBRDK	B	0.02%
CBSH	B	0.02%
MSCI	B	0.02%
GME	D	0.02%
ADNT	F	0.02%
KBR	B	0.02%
BLD	C	0.02%
BKU	B	0.02%
MAC	C	0.02%
DK	D	0.02%
CRL	B	0.02%
ZM	F	0.02%
SBAC	B	0.02%
MAT	B	0.02%
SLM	B	0.02%
CFR	C	0.02%
SEM	A	0.02%
MHO	B	0.02%
ALSN	A	0.02%
RUN	B	0.02%
CHRD	D	0.02%
SM	D	0.02%
LPX	B	0.02%
ASB	C	0.02%
MTD	A	0.02%
EVR	B	0.02%
CADE	C	0.02%
ST	D	0.02%
POST	A	0.02%
BXMT	C	0.02%
ANSS	F	0.02%
SEE	B	0.02%
UFPI	B	0.02%
OZK	C	0.02%
PVH	F	0.02%
EHC	A	0.02%
HWC	C	0.02%
CLH	A	0.02%
PII	D	0.02%
CC	F	0.02%
MTG	B	0.02%
LSXMK	D	0.02%
VLY	C	0.02%
UBSI	B	0.02%
TGNA	B	0.02%
LPLA	F	0.02%
CUZ	A	0.02%
COIN	D	0.02%
CWK	C	0.02%
COLD	B	0.02%
FOX	A	0.02%
FL	B	0.02%
BIO	B	0.02%
ONB	B	0.02%
BCC	C	0.02%
VLTO	A	0.02%
AXTA	A	0.02%
SPOT	B	0.02%
PNFP	B	0.02%
HOOD	D	0.02%
PRGO	C	0.02%
SSB	B	0.02%
CPNG	D	0.02%
ABM	A	0.02%
GNW	B	0.02%
GNRC	C	0.02%
ELAN	D	0.02%
ULTA	F	0.02%
HELE	F	0.01%
HEI	A	0.01%
DXCM	F	0.01%
UAA	D	0.01%
UA	D	0.01%
PARR	D	0.01%
HEI	A	0.01%
XP	F	0.01%
UNIT	C	0.01%
CBRL	D	0.01%
VSTS	C	0.01%
SNOW	F	0.01%
NWS	C	0.01%
NUS	F	0.01%
ARCB	B	0.01%
WSC	C	0.01%
CLVT	C	0.01%
SAIA	F	0.01%
CRI	F	0.01%
LGIH	B	0.01%
RLJ	F	0.01%
BGS	D	0.01%
CNXC	C	0.01%
SMCI	D	0.01%
OPCH	C	0.01%
STNE	D	0.01%
AMR	F	0.01%
GTN	D	0.01%
CRC	D	0.01%
IGT	C	0.01%
DRH	F	0.01%
BYD	C	0.01%
JELD	C	0.01%
SITE	C	0.01%
OPEN	D	0.01%
WH	B	0.01%
EGP	A	0.01%
PINC	B	0.01%
BXC	C	0.01%
MLKN	B	0.01%
CABO	C	0.01%
Z	D	0.01%
SBH	D	0.01%
APAM	C	0.01%
ENOV	C	0.01%
UVV	C	0.01%
FND	F	0.01%
SPB	D	0.01%
EEFT	F	0.01%
LW	F	0.01%
PMT	C	0.01%
PTC	D	0.01%
HTZ	F	0.01%
RLI	A	0.01%
SEIC	B	0.01%
WEX	D	0.01%
PFSI	C	0.01%
NSP	C	0.01%
BWXT	B	0.01%
ESAB	C	0.01%
TPX	C	0.01%
OMI	C	0.01%
DIOD	C	0.01%
ABR	D	0.01%
ARI	C	0.01%
CXW	D	0.01%
EPAM	C	0.01%
LFUS	B	0.01%
AXL	F	0.01%
URBN	C	0.01%
VSCO	F	0.01%
ARCH	F	0.01%
FR	A	0.01%
ASO	F	0.01%
GEF	B	0.01%
WST	F	0.01%
LITE	C	0.01%
KNF	C	0.01%
VRT	D	0.01%
BOKF	C	0.01%
TROX	D	0.01%
CCS	B	0.01%
VEEV	C	0.01%
RRC	F	0.01%
ODP	C	0.01%
UCBI	B	0.01%
ESI	C	0.01%
SOFI	C	0.01%
GRAB	F	0.01%
AIT	B	0.01%
LECO	C	0.01%
JBGS	C	0.01%
WDAY	D	0.01%
PPBI	C	0.01%
MTCH	B	0.01%
INDB	B	0.01%
AM	C	0.01%
LCII	C	0.01%
HRI	C	0.01%
FDS	F	0.01%
PDCO	C	0.01%
WYNN	F	0.01%
ALIT	D	0.01%
FIBK	C	0.01%
IDXX	D	0.01%
FUL	B	0.01%
NOMD	B	0.01%
OUT	B	0.01%
ANDE	C	0.01%
RUSHA	A	0.01%
GTLS	C	0.01%
UNFI	C	0.01%
RH	B	0.01%
IRT	A	0.01%
ARES	B	0.01%
AMN	B	0.01%
MC	C	0.01%
WERN	B	0.01%
THS	B	0.01%
CGNX	D	0.01%
AMKR	F	0.01%
ABNB	F	0.01%
CATY	B	0.01%
AUB	C	0.01%
ACHC	D	0.01%
EXEL	A	0.01%
SIG	F	0.01%
ASH	D	0.01%
GNTX	F	0.01%
FFBC	B	0.01%
TXRH	A	0.01%
NVST	F	0.01%
ATKR	F	0.01%
UHAL	B	0.0%
LBRDA	B	0.0%
BIG	F	0.0%
SEDG	F	0.0%
FIVE	F	0.0%
ZG	D	0.0%

PRF Underweight 81 Positions Relative to BND

Symbol	Grade	Weight
WIT	B	-0.09%
PAA	B	-0.01%
OCSL	F	-0.01%
NYC	D	-0.01%
MCY	A	-0.01%
PDM	A	-0.01%
GSBD	D	-0.01%
JBLU	C	-0.01%
ET	A	-0.01%
FSK	B	-0.01%
CAF	F	-0.01%
DSS	F	-0.01%
COKE	A	-0.01%
AWH	F	-0.01%
CM	B	-0.01%
CHI	C	-0.01%
BIDU	F	-0.01%
AMCR	A	-0.01%
CP	C	-0.01%
COO	B	-0.01%
TME	D	-0.01%
LH	A	-0.01%
MPLX	A	-0.01%
JD	F	-0.01%
GBDC	D	-0.01%
WB	F	-0.01%
UBS	D	-0.01%
VRSN	C	-0.01%
SKT	A	-0.01%
SITC	B	-0.01%
PXD	B	-0.01%
RIV	B	-0.01%
SCS	B	-0.01%
SAVE	F	-0.01%
SAFE	A	-0.01%
NHI	A	-0.01%
NEU	B	-0.01%
NYCB	D	-0.01%
GP	F	-0.01%
HR	B	-0.01%
H	C	-0.01%
EPRT	B	-0.01%
AAT	B	-0.01%
EE	B	-0.01%
CTS	D	-0.01%
COE	C	-0.01%
CNA	A	-0.01%
AEL	A	-0.01%
CHH	B	-0.01%
BMO	F	-0.01%
ARCC	C	-0.01%
CACC	D	-0.01%
BCSF	A	-0.01%
TCN	A	-0.01%
OPI	C	-0.01%
LAZ	B	-0.01%
MP	F	-0.01%
KOF	C	-0.01%
TSLX	D	-0.01%
STLA	F	-0.01%
WRK	C	-0.01%
PSEC	D	-0.01%
PRE	D	-0.01%
MAIN	A	-0.01%
RY	B	-0.01%
BHP	F	-0.01%
DB	D	-0.01%
EDC	D	-0.01%
GSK	D	-0.01%
EPD	B	-0.01%
BNS	C	-0.01%
EQNR	D	-0.01%
BABA	B	-0.01%
VOD	B	-0.01%
AZN	A	-0.01%
DT	F	-0.01%
NWG	C	-0.01%
DELL	D	-0.01%
MUFG	B	-0.01%
TD	B	-0.01%
HSBC	D	-0.01%