PRF vs. FELV ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Fidelity Enhanced Large Cap Value ETF (FELV)

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

$41.65

Average Daily Volume

216,346

Number of Holdings ^*

981

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$31.73

Average Daily Volume

103,579

Number of Holdings ^*

323

* may have additional holdings in another (foreign) market

Performance

Period	PRF	FELV
30 Days	0.73%	0.32%
60 Days	3.44%	3.62%
90 Days	5.93%	5.96%
12 Months	28.09%	26.94%

290 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in FELV	Overlap
A	F	0.04%	0.09%	0.04%
AAPL	C	2.28%	0.19%	0.19%
ABBV	F	0.67%	0.88%	0.67%
ABT	A	0.32%	0.52%	0.32%
ACN	C	0.25%	0.34%	0.25%
ADBE	D	0.11%	0.37%	0.11%
ADI	D	0.18%	0.04%	0.04%
ADM	D	0.21%	0.1%	0.1%
ADP	B	0.14%	0.11%	0.11%
AEP	C	0.21%	0.08%	0.08%
AES	F	0.05%	0.16%	0.05%
AIZ	A	0.04%	0.1%	0.04%
ALL	A	0.2%	0.18%	0.18%
ALLE	D	0.02%	0.53%	0.02%
AM	A	0.01%	0.11%	0.01%
AMAT	F	0.13%	0.46%	0.13%
AMD	F	0.16%	0.06%	0.06%
AME	A	0.04%	0.16%	0.04%
AMGN	D	0.35%	0.17%	0.17%
AMH	C	0.02%	0.11%	0.02%
AMT	D	0.15%	0.1%	0.1%
AMZN	B	1.72%	0.03%	0.03%
ANSS	B	0.02%	0.01%	0.01%
AON	B	0.07%	0.59%	0.07%
ARW	F	0.08%	0.06%	0.06%
AVGO	C	0.54%	0.2%	0.2%
AXP	B	0.29%	0.2%	0.2%
AXS	A	0.03%	0.01%	0.01%
AXTA	B	0.03%	0.03%	0.03%
AYI	B	0.02%	0.02%	0.02%
BAC	A	1.34%	1.71%	1.34%
BAX	F	0.06%	0.08%	0.06%
BBWI	C	0.02%	0.06%	0.02%
BBY	D	0.13%	0.14%	0.13%
BCC	B	0.02%	0.11%	0.02%
BDX	F	0.13%	0.69%	0.13%
BERY	D	0.04%	0.02%	0.02%
BIIB	F	0.09%	0.33%	0.09%
BK	B	0.27%	0.62%	0.27%
BKH	A	0.02%	0.11%	0.02%
BKR	B	0.12%	0.1%	0.1%
BLD	F	0.02%	0.11%	0.02%
BMRN	F	0.01%	0.12%	0.01%
BMY	A	0.39%	0.92%	0.39%
BRK.A	A	2.3%	3.54%	2.3%
BRX	A	0.03%	0.34%	0.03%
BSX	A	0.12%	0.18%	0.12%
BYD	B	0.01%	0.07%	0.01%
C	B	1.14%	0.27%	0.27%
CACI	C	0.04%	0.58%	0.04%
CAH	B	0.28%	0.3%	0.28%
CAT	C	0.35%	0.55%	0.35%
CCI	C	0.12%	0.55%	0.12%
CCK	D	0.04%	0.18%	0.04%
CCL	A	0.07%	0.13%	0.07%
CEG	C	0.14%	0.18%	0.14%
CI	D	0.36%	0.63%	0.36%
CINF	A	0.08%	0.27%	0.08%
CL	D	0.13%	0.51%	0.13%
CLX	A	0.05%	0.24%	0.05%
CMCSA	B	0.79%	1.14%	0.79%
CME	A	0.14%	0.56%	0.14%
CMG	C	0.03%	0.07%	0.03%
CMI	A	0.15%	0.33%	0.15%
CNC	F	0.23%	0.23%	0.23%
CNO	B	0.03%	0.09%	0.03%
CNP	A	0.07%	0.14%	0.07%
COF	B	0.42%	0.48%	0.42%
COP	B	0.42%	0.54%	0.42%
CRC	B	0.01%	0.11%	0.01%
CRM	B	0.23%	0.23%	0.23%
CSCO	B	0.64%	1.07%	0.64%
CSGP	F	0.02%	0.04%	0.02%
CSX	C	0.14%	0.37%	0.14%
CTAS	B	0.06%	0.54%	0.06%
CTRA	B	0.07%	0.05%	0.05%
CVS	F	0.55%	0.29%	0.29%
CVX	A	1.12%	0.51%	0.51%
CW	B	0.02%	0.06%	0.02%
DASH	A	0.03%	0.08%	0.03%
DD	D	0.17%	0.48%	0.17%
DFS	B	0.2%	0.05%	0.05%
DGX	A	0.07%	0.01%	0.01%
DHI	D	0.12%	0.03%	0.03%
DHR	D	0.16%	0.17%	0.16%
DIS	B	0.38%	0.7%	0.38%
DOC	D	0.07%	0.23%	0.07%
DTE	C	0.1%	0.09%	0.09%
DUK	C	0.4%	0.27%	0.27%
DVN	F	0.1%	0.34%	0.1%
EA	A	0.04%	0.06%	0.04%
ECL	D	0.07%	0.5%	0.07%
ED	C	0.15%	0.22%	0.15%
EEFT	C	0.01%	0.12%	0.01%
EIX	C	0.14%	0.16%	0.14%
ELAN	D	0.03%	0.03%	0.03%
ELV	F	0.3%	0.12%	0.12%
ENS	D	0.01%	0.11%	0.01%
EOG	A	0.25%	0.45%	0.25%
EQIX	A	0.1%	0.2%	0.1%
EQR	C	0.08%	0.17%	0.08%
ES	C	0.1%	0.13%	0.1%
ETN	B	0.18%	0.77%	0.18%
EVRG	A	0.07%	0.34%	0.07%
EW	C	0.03%	0.05%	0.03%
EXC	C	0.2%	0.23%	0.2%
EXEL	B	0.02%	0.36%	0.02%
F	C	0.38%	0.32%	0.32%
FANG	D	0.08%	0.14%	0.08%
FLS	A	0.02%	0.25%	0.02%
FR	D	0.01%	0.27%	0.01%
FTI	A	0.02%	0.13%	0.02%
FTV	D	0.03%	0.33%	0.03%
GAP	D	0.03%	0.25%	0.03%
GD	D	0.19%	0.16%	0.16%
GE	D	0.23%	1.07%	0.23%
GEHC	D	0.08%	0.16%	0.08%
GEV	A	0.11%	0.3%	0.11%
GILD	B	0.4%	0.99%	0.4%
GIS	F	0.13%	0.05%	0.05%
GL	C	0.03%	0.27%	0.03%
GLPI	C	0.03%	0.05%	0.03%
GLW	B	0.13%	0.02%	0.02%
GPN	C	0.06%	0.09%	0.06%
GRMN	B	0.06%	0.09%	0.06%
GS	B	0.77%	0.34%	0.34%
HAL	C	0.06%	0.12%	0.06%
HD	A	0.71%	0.44%	0.44%
HON	A	0.28%	0.08%	0.08%
HPE	B	0.19%	0.21%	0.19%
HUM	D	0.14%	0.1%	0.1%
HWM	A	0.05%	0.12%	0.05%
IBM	C	0.54%	0.27%	0.27%
ICE	C	0.12%	0.18%	0.12%
IFF	D	0.08%	0.09%	0.08%
IGT	F	0.01%	0.5%	0.01%
ILMN	C	0.03%	0.17%	0.03%
INCY	C	0.02%	0.23%	0.02%
INGR	B	0.04%	0.04%	0.04%
INTC	C	0.47%	0.85%	0.47%
IQV	F	0.06%	0.19%	0.06%
ITT	A	0.02%	0.18%	0.02%
ITW	B	0.12%	0.12%	0.12%
JCI	B	0.18%	0.22%	0.18%
JNJ	D	0.94%	1.14%	0.94%
JPM	A	2.14%	2.81%	2.14%
JXN	C	0.1%	0.16%	0.1%
KD	A	0.05%	0.09%	0.05%
KEY	B	0.11%	0.17%	0.11%
KHC	F	0.14%	0.13%	0.13%
KLAC	F	0.05%	0.03%	0.03%
KMB	C	0.13%	0.13%	0.13%
KMI	A	0.3%	0.23%	0.23%
KR	B	0.31%	0.31%	0.31%
L	A	0.06%	0.34%	0.06%
LDOS	C	0.07%	0.58%	0.07%
LEG	F	0.01%	0.06%	0.01%
LH	B	0.06%	0.08%	0.06%
LHX	B	0.12%	0.43%	0.12%
LIN	D	0.29%	0.46%	0.29%
LMT	D	0.35%	0.67%	0.35%
LNW	F	0.02%	0.18%	0.02%
LOW	C	0.34%	0.07%	0.07%
LPX	A	0.02%	0.31%	0.02%
M	D	0.05%	0.01%	0.01%
MA	B	0.17%	0.28%	0.17%
MCD	D	0.28%	0.28%	0.28%
MCK	A	0.45%	0.01%	0.01%
MDLZ	F	0.18%	0.06%	0.06%
MDT	D	0.35%	0.39%	0.35%
META	C	0.98%	0.21%	0.21%
MGM	D	0.04%	0.2%	0.04%
MHO	D	0.02%	0.11%	0.02%
MKC	D	0.04%	0.08%	0.04%
MMC	D	0.13%	0.38%	0.13%
MMM	D	0.42%	0.6%	0.42%
MO	A	0.5%	0.26%	0.26%
MS	A	0.56%	0.53%	0.53%
MSCI	A	0.02%	0.19%	0.02%
MSI	B	0.07%	0.2%	0.07%
MTDR	C	0.01%	0.18%	0.01%
MU	D	0.35%	0.95%	0.35%
MUR	F	0.02%	0.01%	0.01%
NEE	C	0.38%	0.78%	0.38%
NEM	D	0.18%	0.05%	0.05%
NFLX	A	0.2%	0.18%	0.18%
NOC	D	0.18%	0.67%	0.18%
NSC	B	0.13%	0.58%	0.13%
NTAP	C	0.06%	0.12%	0.06%
NUE	D	0.13%	0.36%	0.13%
NVDA	A	0.26%	0.18%	0.18%
NWL	B	0.04%	0.06%	0.04%
NWS	B	0.01%	0.03%	0.01%
NWSA	B	0.03%	0.06%	0.03%
OC	A	0.05%	0.21%	0.05%
OGE	A	0.04%	0.06%	0.04%
OGN	F	0.03%	0.02%	0.02%
OKTA	D	0.01%	0.02%	0.01%
OXY	F	0.13%	0.08%	0.08%
PCAR	B	0.14%	0.4%	0.14%
PCG	A	0.11%	0.38%	0.11%
PEG	C	0.15%	0.1%	0.1%
PFE	F	0.81%	0.88%	0.81%
PFG	C	0.1%	0.16%	0.1%
PG	C	0.69%	1.18%	0.69%
PGR	B	0.24%	0.35%	0.24%
PH	B	0.11%	0.12%	0.11%
PKG	B	0.06%	0.13%	0.06%
PM	A	0.64%	1.22%	0.64%
PNC	B	0.36%	0.72%	0.36%
PNR	B	0.03%	0.18%	0.03%
PPG	F	0.07%	0.57%	0.07%
PRU	B	0.23%	0.33%	0.23%
PSA	C	0.07%	0.51%	0.07%
PYPL	B	0.19%	0.79%	0.19%
QCOM	F	0.33%	0.47%	0.33%
QRVO	F	0.02%	0.11%	0.02%
RCL	A	0.05%	0.15%	0.05%
REG	A	0.04%	0.07%	0.04%
RGA	B	0.06%	0.03%	0.03%
RJF	A	0.06%	0.03%	0.03%
ROST	D	0.06%	0.11%	0.06%
RSG	A	0.06%	0.65%	0.06%
RTX	D	0.48%	0.72%	0.48%
SCHW	A	0.17%	0.83%	0.17%
SEE	D	0.02%	0.25%	0.02%
SEIC	B	0.01%	0.57%	0.01%
SO	C	0.36%	0.07%	0.07%
SOLV	F	0.06%	0.12%	0.06%
SON	F	0.02%	0.06%	0.02%
SPG	A	0.12%	0.18%	0.12%
SPGI	D	0.17%	0.71%	0.17%
SQ	A	0.06%	0.69%	0.06%
SSNC	C	0.04%	0.57%	0.04%
STLD	B	0.08%	0.48%	0.08%
STT	B	0.16%	0.14%	0.14%
SWKS	F	0.04%	0.13%	0.04%
SYF	B	0.22%	0.03%	0.03%
SYK	A	0.12%	0.25%	0.12%
T	A	1.16%	0.98%	0.98%
TAP	B	0.05%	0.14%	0.05%
TFC	A	0.35%	0.23%	0.23%
TFX	F	0.02%	0.03%	0.02%
TJX	A	0.18%	0.27%	0.18%
TMHC	B	0.04%	0.19%	0.04%
TMO	F	0.23%	0.79%	0.23%
TMUS	B	0.32%	0.55%	0.32%
TNL	B	0.02%	0.01%	0.01%
TOL	B	0.05%	0.28%	0.05%
TPH	D	0.02%	0.36%	0.02%
TPR	A	0.03%	0.09%	0.03%
TRGP	A	0.1%	0.08%	0.08%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.09%	0.13%	0.09%
TRV	A	0.23%	0.27%	0.23%
TT	A	0.1%	0.52%	0.1%
TWLO	A	0.04%	0.46%	0.04%
TXN	C	0.36%	0.16%	0.16%
TXT	D	0.04%	0.55%	0.04%
UHS	D	0.05%	0.13%	0.05%
UNH	C	1.08%	1.64%	1.08%
UNM	A	0.08%	0.36%	0.08%
UNP	D	0.26%	0.76%	0.26%
UPS	C	0.33%	0.06%	0.06%
USFD	A	0.09%	0.19%	0.09%
VEEV	C	0.01%	0.3%	0.01%
VICI	C	0.07%	0.24%	0.07%
VLTO	C	0.02%	0.04%	0.02%
VMC	B	0.05%	0.28%	0.05%
VMI	B	0.02%	0.2%	0.02%
VRTX	D	0.09%	0.1%	0.09%
VST	A	0.14%	0.06%	0.06%
VSTS	F	0.01%	0.06%	0.01%
VZ	C	1.18%	0.65%	0.65%
WAB	B	0.06%	0.49%	0.06%
WBD	B	0.15%	0.09%	0.09%
WCC	B	0.06%	0.08%	0.06%
WDAY	C	0.01%	0.13%	0.01%
WDC	F	0.11%	0.14%	0.11%
WFC	A	1.23%	1.01%	1.01%
WM	B	0.12%	0.25%	0.12%
WMB	A	0.23%	0.12%	0.12%
WMT	A	1.15%	1.73%	1.15%
WTW	B	0.07%	0.26%	0.07%
XEL	A	0.14%	0.24%	0.14%
XOM	B	2.24%	2.47%	2.24%
Z	A	0.02%	0.2%	0.02%
ZBRA	B	0.04%	0.33%	0.04%
ZG	A	0.01%	0.16%	0.01%
ZM	B	0.03%	0.66%	0.03%

PRF Overweight 691 Positions Relative to FELV

Symbol	Grade	Weight
MSFT	D	1.85%
GOOGL	B	1.06%
GOOG	B	0.91%
GM	B	0.76%
COST	A	0.56%
PEP	F	0.48%
KO	D	0.47%
MRK	F	0.42%
USB	B	0.37%
TSLA	A	0.35%
ORCL	A	0.32%
VLO	C	0.32%
AIG	C	0.31%
FDX	B	0.3%
MPC	D	0.3%
TGT	B	0.29%
CB	C	0.29%
MET	A	0.28%
PSX	C	0.28%
COR	B	0.26%
D	C	0.26%
CHTR	B	0.25%
V	A	0.25%
DE	C	0.23%
FI	A	0.21%
LLY	F	0.21%
AFL	C	0.2%
DOW	F	0.2%
SRE	A	0.19%
HPQ	B	0.19%
SBUX	A	0.17%
OKE	A	0.17%
CFG	B	0.16%
FCX	F	0.16%
IP	A	0.16%
HCA	F	0.16%
APD	A	0.16%
WELL	A	0.16%
EMR	A	0.15%
LYB	F	0.15%
FIS	C	0.15%
ETR	A	0.15%
PLD	D	0.15%
MTB	A	0.15%
FITB	B	0.14%
HIG	B	0.14%
SYY	D	0.14%
TSN	B	0.14%
THC	C	0.13%
KKR	A	0.13%
ZIM	A	0.13%
BX	A	0.13%
DLR	A	0.13%
SLB	C	0.13%
PPL	A	0.13%
HBAN	B	0.12%
RF	A	0.12%
WBA	F	0.12%
NKE	F	0.12%
LEN	D	0.12%
PARA	D	0.12%
BA	D	0.12%
CBRE	B	0.12%
LUMN	C	0.12%
REGN	F	0.11%
WEC	A	0.11%
URI	B	0.11%
NRG	B	0.11%
VTR	A	0.11%
CARR	D	0.11%
O	C	0.1%
NTRS	A	0.1%
VTRS	A	0.1%
CTVA	C	0.1%
AMP	A	0.1%
BG	D	0.1%
BKNG	A	0.1%
CTSH	C	0.1%
FE	D	0.1%
IRM	C	0.09%
INTU	B	0.09%
AEE	A	0.09%
KDP	D	0.09%
SHW	C	0.09%
AER	B	0.09%
WY	D	0.09%
EBAY	D	0.09%
ACI	C	0.08%
PFGC	B	0.08%
ISRG	A	0.08%
LRCX	F	0.08%
MKL	A	0.08%
KMX	D	0.08%
K	B	0.08%
FLEX	B	0.08%
NXPI	F	0.08%
AVB	B	0.08%
AA	A	0.08%
APH	B	0.08%
OMC	C	0.08%
ALLY	C	0.08%
LNC	B	0.07%
JEF	A	0.07%
AJG	B	0.07%
MRVL	B	0.07%
AZO	C	0.07%
CAG	F	0.07%
TDG	D	0.07%
CMS	C	0.07%
MRO	A	0.07%
VFC	C	0.07%
PAYX	B	0.07%
ACGL	D	0.07%
SWK	F	0.07%
STX	D	0.07%
CHRW	B	0.07%
PHM	D	0.07%
DG	F	0.06%
ZTS	D	0.06%
ATO	A	0.06%
X	C	0.06%
CMA	B	0.06%
EQH	B	0.06%
ORI	A	0.06%
GWW	B	0.06%
MCO	D	0.06%
TDS	B	0.06%
IVZ	C	0.06%
CF	A	0.06%
MHK	D	0.06%
OTIS	C	0.06%
UAL	A	0.06%
JBL	C	0.06%
PWR	A	0.06%
PNW	B	0.06%
CNH	C	0.06%
LAD	B	0.06%
WHR	B	0.06%
CRBG	B	0.06%
NI	A	0.06%
ORLY	B	0.06%
FAST	B	0.06%
GEN	B	0.06%
VNO	C	0.06%
MOS	D	0.06%
R	B	0.06%
STZ	D	0.06%
FYBR	C	0.06%
EMN	D	0.06%
JLL	D	0.06%
ROP	C	0.06%
BXP	D	0.06%
FNF	A	0.06%
LNG	A	0.06%
EQT	A	0.06%
ARE	F	0.06%
IPG	F	0.05%
ZION	B	0.05%
INVH	D	0.05%
BFH	B	0.05%
EG	D	0.05%
DRI	C	0.05%
MTZ	B	0.05%
ZBH	C	0.05%
UGI	C	0.05%
ESS	A	0.05%
ROK	B	0.05%
NVR	D	0.05%
MPW	F	0.05%
DXC	D	0.05%
BAP	A	0.05%
UBER	F	0.05%
TSCO	D	0.05%
SJM	D	0.05%
MAA	A	0.05%
SFM	A	0.05%
ACM	B	0.05%
HBI	A	0.05%
KIM	A	0.05%
RS	B	0.05%
AN	D	0.05%
LNT	A	0.05%
BJ	B	0.05%
AFG	A	0.05%
BWA	D	0.05%
FOXA	B	0.05%
YUM	D	0.05%
FHN	A	0.05%
MRNA	F	0.05%
OMF	A	0.05%
DOV	B	0.05%
MOH	F	0.05%
HES	B	0.05%
GPC	F	0.05%
BLDR	D	0.05%
MCHP	F	0.05%
MAR	B	0.05%
AWK	C	0.05%
BEN	C	0.04%
DINO	D	0.04%
SUI	C	0.04%
CPT	C	0.04%
NOW	B	0.04%
FMC	D	0.04%
PBF	D	0.04%
LVS	C	0.04%
AVTR	F	0.04%
UDR	D	0.04%
DVA	C	0.04%
COHR	B	0.04%
WPC	C	0.04%
ANET	C	0.04%
RMD	C	0.04%
HST	D	0.04%
EXPE	B	0.04%
HOLX	D	0.04%
EXR	C	0.04%
APA	F	0.04%
AVT	C	0.04%
WRB	B	0.04%
STWD	C	0.04%
GT	C	0.04%
DLTR	F	0.04%
ABG	B	0.04%
LEA	F	0.04%
SNV	B	0.04%
FAF	C	0.04%
UTHR	C	0.04%
KSS	F	0.04%
J	D	0.04%
TDY	B	0.04%
OVV	C	0.04%
EXPD	D	0.04%
LKQ	F	0.04%
APTV	F	0.04%
HAS	D	0.04%
AR	B	0.04%
CASY	A	0.04%
ON	F	0.04%
DAL	A	0.04%
CCEP	D	0.04%
TTWO	A	0.04%
EWBC	A	0.04%
SNX	D	0.04%
GPI	B	0.04%
HSY	F	0.04%
MLM	B	0.04%
EME	A	0.04%
SLG	B	0.04%
CDW	F	0.04%
SNA	B	0.04%
BALL	D	0.04%
APO	A	0.04%
EVR	B	0.03%
CE	F	0.03%
WTFC	B	0.03%
HUN	F	0.03%
CUZ	B	0.03%
BHF	B	0.03%
OLN	F	0.03%
BIO	C	0.03%
DAR	B	0.03%
ALV	C	0.03%
HRB	D	0.03%
TGNA	B	0.03%
VRSK	B	0.03%
CMC	B	0.03%
FOX	A	0.03%
BRO	B	0.03%
VLY	A	0.03%
DOX	D	0.03%
MAN	F	0.03%
OSK	C	0.03%
STE	D	0.03%
ODFL	B	0.03%
ALSN	B	0.03%
AGCO	F	0.03%
ICLR	F	0.03%
KRC	C	0.03%
AKAM	F	0.03%
SCI	A	0.03%
WTRG	B	0.03%
AL	B	0.03%
CTLT	D	0.03%
GNRC	B	0.03%
PNFP	B	0.03%
GXO	B	0.03%
RIG	D	0.03%
JBHT	C	0.03%
SPOT	A	0.03%
WU	F	0.03%
XYL	D	0.03%
CPRT	B	0.03%
NXST	C	0.03%
FNB	B	0.03%
CPNG	D	0.03%
BECN	B	0.03%
GEO	A	0.03%
PB	A	0.03%
CNX	A	0.03%
JWN	C	0.03%
THO	C	0.03%
BPOP	C	0.03%
LBRDK	C	0.03%
LAMR	D	0.03%
FSLR	D	0.03%
COOP	B	0.03%
LPLA	A	0.03%
CG	B	0.03%
CLF	F	0.03%
RRX	B	0.03%
EFX	F	0.03%
BAH	D	0.03%
OHI	C	0.03%
BURL	A	0.03%
WSO	A	0.03%
MNST	C	0.03%
PENN	C	0.03%
ALB	B	0.03%
HOOD	A	0.03%
SANM	B	0.03%
TRU	D	0.03%
BR	B	0.03%
GPK	D	0.03%
JHG	B	0.03%
KEYS	C	0.03%
AVY	D	0.03%
MTH	D	0.03%
ARMK	C	0.03%
CSL	C	0.03%
CZR	F	0.03%
MAS	D	0.03%
FCNCA	A	0.03%
SNPS	C	0.03%
HUBB	B	0.03%
WAL	B	0.03%
MUSA	A	0.03%
VOYA	B	0.03%
JNPR	D	0.03%
HLT	A	0.03%
KNX	B	0.03%
CPAY	A	0.03%
FLR	B	0.03%
RPM	B	0.03%
HRL	D	0.03%
DTM	A	0.03%
CPB	D	0.03%
DKS	D	0.03%
RVTY	D	0.03%
CHD	A	0.03%
IR	B	0.03%
HSIC	C	0.03%
SF	B	0.03%
NDAQ	A	0.03%
WBS	A	0.03%
WSM	D	0.03%
TTC	F	0.02%
APG	C	0.02%
WWD	B	0.02%
AOS	F	0.02%
GGG	B	0.02%
ARES	A	0.02%
RGLD	C	0.02%
RIVN	F	0.02%
OUT	A	0.02%
CATY	B	0.02%
MC	B	0.02%
TKR	F	0.02%
CHRD	F	0.02%
PCH	D	0.02%
SMG	C	0.02%
ESAB	B	0.02%
REZI	A	0.02%
ADNT	F	0.02%
APLE	B	0.02%
AIT	B	0.02%
MSM	D	0.02%
GHC	B	0.02%
KNF	A	0.02%
HE	C	0.02%
RH	D	0.02%
ALGN	D	0.02%
AAL	B	0.02%
AVA	C	0.02%
ESNT	D	0.02%
TXRH	B	0.02%
EPR	D	0.02%
CDP	C	0.02%
JKHY	D	0.02%
LW	C	0.02%
HUBG	A	0.02%
GRAB	A	0.02%
SFNC	B	0.02%
NJR	A	0.02%
MDU	D	0.02%
HP	C	0.02%
ASGN	F	0.02%
SIG	C	0.02%
IAC	D	0.02%
GATX	B	0.02%
NDSN	D	0.02%
TTMI	B	0.02%
GMS	B	0.02%
ADC	A	0.02%
POOL	D	0.02%
FLO	D	0.02%
LSTR	D	0.02%
OI	D	0.02%
RPRX	F	0.02%
KRG	A	0.02%
RUSHA	B	0.02%
FULT	B	0.02%
NWE	C	0.02%
NAVI	F	0.02%
DY	C	0.02%
ALE	A	0.02%
SLGN	A	0.02%
PAG	B	0.02%
AGO	A	0.02%
COLD	F	0.02%
MELI	D	0.02%
HOMB	A	0.02%
LITE	B	0.02%
ABCB	B	0.02%
VAC	C	0.02%
MKSI	C	0.02%
LUV	B	0.02%
CRL	D	0.02%
CHKP	D	0.02%
AGR	A	0.02%
TYL	B	0.02%
DCI	B	0.02%
DECK	B	0.02%
ST	F	0.02%
PII	F	0.02%
FHB	B	0.02%
CXW	B	0.02%
DPZ	C	0.02%
SR	A	0.02%
CC	D	0.02%
WKC	D	0.02%
UMBF	B	0.02%
NVST	C	0.02%
UNFI	B	0.02%
HCC	B	0.02%
TRN	B	0.02%
CBT	C	0.02%
NSIT	F	0.02%
PNM	B	0.02%
HLF	C	0.02%
WAT	C	0.02%
G	B	0.02%
UHAL	D	0.02%
AVNT	B	0.02%
COLB	B	0.02%
MIDD	D	0.02%
LYV	A	0.02%
GME	C	0.02%
PHIN	B	0.02%
KMPR	A	0.02%
SM	C	0.02%
PLXS	B	0.02%
RL	C	0.02%
PRI	A	0.02%
GDDY	A	0.02%
OGS	A	0.02%
HRI	C	0.02%
ELS	B	0.02%
JAZZ	C	0.02%
SEM	B	0.02%
BC	D	0.02%
BKU	A	0.02%
MTD	F	0.02%
CR	A	0.02%
LULU	C	0.02%
VRT	A	0.02%
BTU	B	0.02%
AAP	D	0.02%
NVT	C	0.02%
TCBI	B	0.02%
LII	B	0.02%
MAT	D	0.02%
ADSK	B	0.02%
CBSH	A	0.02%
CBOE	C	0.02%
NNN	C	0.02%
SOFI	A	0.02%
SBAC	D	0.02%
ATR	B	0.02%
HOG	F	0.02%
CUBE	C	0.02%
POST	D	0.02%
SLVM	C	0.02%
NOV	D	0.02%
SLM	B	0.02%
FL	F	0.02%
KEX	B	0.02%
IDA	A	0.02%
KBR	F	0.02%
TER	F	0.02%
MTG	D	0.02%
OZK	B	0.02%
IT	C	0.02%
AMG	C	0.02%
CDNS	B	0.02%
GBCI	B	0.02%
RDN	D	0.02%
PRGO	C	0.02%
UFPI	C	0.02%
RNR	C	0.02%
IEX	B	0.02%
HWC	B	0.02%
SCCO	F	0.02%
THG	A	0.02%
XPO	B	0.02%
RHI	C	0.02%
SAIC	F	0.02%
FFIV	B	0.02%
PVH	C	0.02%
BXMT	C	0.02%
ASB	B	0.02%
UBSI	B	0.02%
FBIN	D	0.02%
COIN	A	0.02%
CADE	B	0.02%
NFG	A	0.02%
CIEN	B	0.02%
SBRA	B	0.02%
VSCO	A	0.02%
POR	C	0.02%
MAC	A	0.02%
KBH	D	0.02%
DEI	B	0.02%
SWX	A	0.02%
GNW	A	0.02%
ABM	B	0.02%
SKX	F	0.02%
ONB	B	0.02%
EL	F	0.02%
EHC	B	0.02%
HIW	D	0.02%
CAR	C	0.02%
HII	F	0.02%
CWK	C	0.02%
SSB	B	0.02%
AGNC	C	0.02%
CLH	C	0.02%
CFR	B	0.02%
ULTA	F	0.02%
MLI	B	0.02%
FRT	B	0.02%
PK	D	0.02%
NUS	C	0.01%
HELE	C	0.01%
FIVE	F	0.01%
CNXC	F	0.01%
CLVT	D	0.01%
HEI	A	0.01%
LEN	D	0.01%
JELD	F	0.01%
OPCH	F	0.01%
DXCM	C	0.01%
BGS	F	0.01%
AMR	C	0.01%
SNOW	C	0.01%
VSAT	F	0.01%
XP	F	0.01%
OPEN	F	0.01%
STNE	F	0.01%
ARCB	C	0.01%
HEI	A	0.01%
CRI	F	0.01%
ODP	F	0.01%
WSC	F	0.01%
GTN	F	0.01%
ACHC	F	0.01%
AMN	F	0.01%
MLKN	F	0.01%
HTZ	C	0.01%
CBRL	C	0.01%
RLJ	C	0.01%
XRAY	D	0.01%
LGIH	F	0.01%
NSP	F	0.01%
DIOD	F	0.01%
URBN	C	0.01%
CPRI	F	0.01%
TROX	D	0.01%
EGP	D	0.01%
AMKR	F	0.01%
OMI	F	0.01%
HPP	F	0.01%
UA	C	0.01%
ATKR	D	0.01%
ARI	C	0.01%
CABO	C	0.01%
BXC	B	0.01%
AXL	C	0.01%
UAA	C	0.01%
PDCO	F	0.01%
UVV	B	0.01%
SITE	D	0.01%
W	D	0.01%
DRH	B	0.01%
ENOV	C	0.01%
CSTM	F	0.01%
PMT	D	0.01%
CCS	F	0.01%
LXP	D	0.01%
DAN	F	0.01%
VSH	F	0.01%
ANDE	F	0.01%
ASH	F	0.01%
FND	F	0.01%
CGNX	D	0.01%
WEX	F	0.01%
PINC	B	0.01%
ASO	F	0.01%
LFUS	D	0.01%
RYN	D	0.01%
MTCH	F	0.01%
PFSI	C	0.01%
IDXX	F	0.01%
APAM	B	0.01%
SPB	C	0.01%
ENTG	F	0.01%
SAIA	C	0.01%
TPX	B	0.01%
TEX	D	0.01%
FUL	F	0.01%
AEO	F	0.01%
PTC	B	0.01%
GEF	B	0.01%
FTNT	B	0.01%
PECO	A	0.01%
SBH	B	0.01%
UCB	A	0.01%
KMT	C	0.01%
UNIT	B	0.01%
LCII	D	0.01%
ALIT	C	0.01%
NOMD	D	0.01%
JBGS	F	0.01%
PPBI	B	0.01%
RRC	B	0.01%
LECO	C	0.01%
RLI	A	0.01%
RUN	F	0.01%
ATI	D	0.01%
WH	B	0.01%
EPAM	C	0.01%
FIBK	B	0.01%
THS	F	0.01%
SIGI	B	0.01%
ABR	B	0.01%
BOKF	B	0.01%
FCN	F	0.01%
GTLS	A	0.01%
ESI	B	0.01%
VYX	C	0.01%
GNTX	F	0.01%
AUB	B	0.01%
XRX	F	0.01%
CIVI	D	0.01%
WST	D	0.01%
FFBC	B	0.01%
WERN	B	0.01%
WYNN	D	0.01%
STAG	D	0.01%
ABNB	D	0.01%
ARCH	B	0.01%
INDB	B	0.01%
BWXT	A	0.01%
BDN	C	0.01%
MTN	C	0.01%
BCO	F	0.01%
CNM	C	0.01%
WLK	F	0.01%
VNT	C	0.01%
IRT	A	0.01%
ESGR	B	0.01%
DK	D	0.01%
FDS	B	0.01%
MMS	D	0.01%
RXO	C	0.01%
REXR	F	0.01%
UHAL	D	0.0%
SEDG	F	0.0%
SMCI	F	0.0%
PARR	F	0.0%
LBRDA	C	0.0%

PRF Underweight 33 Positions Relative to FELV

Symbol	Grade	Weight
CVNA	A	-0.62%
DBX	C	-0.44%
DOCU	A	-0.3%
ANF	F	-0.27%
TDC	D	-0.27%
SKYW	B	-0.21%
MEDP	D	-0.18%
ACA	A	-0.17%
QGEN	F	-0.11%
CRUS	F	-0.1%
ADTN	A	-0.1%
DELL	B	-0.08%
ACT	D	-0.08%
NMRK	B	-0.06%
SAM	C	-0.05%
ALKS	C	-0.05%
FHI	B	-0.05%
PLTK	B	-0.05%
MATX	B	-0.04%
ALRM	C	-0.04%
MSA	D	-0.04%
HL	C	-0.04%
CWEN	C	-0.04%
ITRI	B	-0.03%
WOOF	D	-0.03%
WS	B	-0.03%
EXTR	C	-0.03%
CWEN	C	-0.02%
TENB	D	-0.02%
SWI	B	-0.02%
FTDR	B	-0.01%
CXT	C	-0.01%
LYFT	C	-0.01%