PRF vs. NBCR ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Neuberger Berman Core Equity ETF (NBCR)

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

$42.44

Average Daily Volume

209,512

Number of Holdings ^*

982

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	PRF	NBCR
30 Days	4.02%	2.81%
60 Days	5.08%	4.11%
90 Days	6.89%	5.52%
12 Months	30.29%

178 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in NBCR	Overlap
AAPL	C	2.3%	6.48%	2.3%
ABBV	D	0.57%	0.86%	0.57%
ACN	C	0.25%	0.47%	0.25%
ADI	D	0.17%	0.5%	0.17%
ADSK	A	0.02%	0.17%	0.02%
AEP	D	0.2%	0.19%	0.19%
AIG	B	0.31%	0.76%	0.31%
AIZ	A	0.04%	0.25%	0.04%
ALL	A	0.2%	0.45%	0.2%
AMAT	F	0.12%	0.52%	0.12%
AMD	F	0.15%	0.57%	0.15%
AMGN	D	0.32%	0.31%	0.31%
AMZN	C	1.74%	3.83%	1.74%
AON	A	0.07%	1.41%	0.07%
APD	A	0.16%	0.14%	0.14%
APH	A	0.08%	0.45%	0.08%
APO	B	0.05%	0.32%	0.05%
APTV	D	0.04%	0.14%	0.04%
AVTR	F	0.03%	0.13%	0.03%
AVY	D	0.03%	0.29%	0.03%
BA	F	0.11%	0.19%	0.11%
BAC	A	1.37%	0.76%	0.76%
BK	A	0.27%	0.12%	0.12%
BKNG	A	0.1%	0.49%	0.1%
BLDR	D	0.06%	0.12%	0.06%
BLK	C	0.33%	0.35%	0.33%
BMRN	D	0.01%	0.09%	0.01%
BMY	B	0.42%	0.28%	0.28%
BSX	B	0.12%	0.87%	0.12%
C	A	1.14%	0.39%	0.39%
CARR	D	0.11%	0.36%	0.11%
CAT	B	0.34%	0.51%	0.34%
CCK	C	0.04%	0.08%	0.04%
CCL	B	0.07%	0.62%	0.07%
CDW	F	0.04%	0.13%	0.04%
CEG	D	0.13%	0.17%	0.13%
CFG	B	0.16%	0.14%	0.14%
CHKP	D	0.02%	0.2%	0.02%
CL	D	0.13%	0.36%	0.13%
CNC	D	0.22%	0.18%	0.18%
CNP	B	0.07%	0.09%	0.07%
COP	C	0.42%	0.4%	0.4%
COST	B	0.56%	1.06%	0.56%
CRM	B	0.25%	0.87%	0.25%
CSCO	B	0.64%	0.46%	0.46%
CSX	B	0.14%	0.27%	0.14%
CVS	D	0.53%	0.33%	0.33%
D	C	0.26%	0.17%	0.17%
DAL	C	0.04%	0.25%	0.04%
DE	A	0.22%	0.33%	0.22%
DGX	A	0.07%	0.19%	0.07%
DLTR	F	0.04%	0.25%	0.04%
DTE	C	0.1%	0.07%	0.07%
DTM	B	0.03%	0.08%	0.03%
DUK	C	0.4%	0.23%	0.23%
DXCM	D	0.01%	0.18%	0.01%
EA	A	0.04%	0.17%	0.04%
ECL	D	0.07%	0.16%	0.07%
EFX	F	0.03%	0.18%	0.03%
EHC	B	0.02%	0.22%	0.02%
ELS	C	0.02%	0.16%	0.02%
ELV	F	0.28%	0.26%	0.26%
ENTG	D	0.01%	0.13%	0.01%
EOG	A	0.27%	0.31%	0.27%
EQR	B	0.08%	0.09%	0.08%
EQT	B	0.07%	0.13%	0.07%
ESI	A	0.01%	0.14%	0.01%
ETN	A	0.18%	0.63%	0.18%
ETR	B	0.15%	0.16%	0.15%
FANG	D	0.08%	0.24%	0.08%
FBIN	D	0.02%	0.05%	0.02%
FCX	D	0.14%	0.26%	0.14%
FDX	B	0.31%	0.22%	0.22%
FE	C	0.1%	0.11%	0.1%
FI	A	0.22%	0.66%	0.22%
FITB	A	0.14%	0.24%	0.14%
FYBR	D	0.06%	0.6%	0.06%
GE	D	0.23%	0.94%	0.23%
GIS	D	0.13%	0.31%	0.13%
GL	B	0.03%	0.26%	0.03%
GM	B	0.79%	0.59%	0.59%
GOOG	C	0.89%	1.94%	0.89%
GOOGL	C	1.03%	3.37%	1.03%
GS	A	0.78%	0.42%	0.42%
GXO	B	0.03%	0.06%	0.03%
HCA	F	0.15%	0.26%	0.15%
HD	A	0.73%	1.22%	0.73%
HUM	C	0.14%	0.2%	0.14%
ICE	C	0.12%	0.56%	0.12%
INTU	C	0.09%	0.62%	0.09%
INVH	D	0.05%	0.1%	0.05%
IQV	D	0.05%	0.13%	0.05%
IR	B	0.03%	0.36%	0.03%
IT	C	0.02%	0.13%	0.02%
J	F	0.04%	0.19%	0.04%
JNJ	D	0.92%	0.98%	0.92%
JPM	A	2.2%	1.4%	1.4%
K	A	0.08%	0.22%	0.08%
KDP	D	0.09%	0.42%	0.09%
KKR	A	0.13%	0.61%	0.13%
LEN	D	0.12%	0.22%	0.12%
LEN	D	0.01%	0.22%	0.01%
LIN	D	0.28%	0.59%	0.28%
LLY	F	0.21%	1.19%	0.21%
LMT	D	0.34%	0.26%	0.26%
LNG	B	0.07%	0.13%	0.07%
LNT	A	0.05%	0.13%	0.05%
LRCX	F	0.07%	0.2%	0.07%
LVS	C	0.03%	0.35%	0.03%
MA	C	0.17%	1.1%	0.17%
MCD	D	0.29%	0.58%	0.29%
MCK	B	0.45%	0.25%	0.25%
MCO	B	0.06%	0.28%	0.06%
MDLZ	F	0.18%	0.36%	0.18%
MDT	D	0.35%	0.72%	0.35%
MET	A	0.29%	0.22%	0.22%
MLM	B	0.04%	0.25%	0.04%
MMM	D	0.42%	0.44%	0.42%
MOH	F	0.05%	0.17%	0.05%
MSFT	F	1.86%	6.01%	1.86%
MSI	B	0.07%	0.35%	0.07%
MTCH	D	0.01%	0.12%	0.01%
NDAQ	A	0.03%	0.3%	0.03%
NEE	D	0.38%	0.33%	0.33%
NFLX	A	0.21%	0.81%	0.21%
NKE	D	0.12%	0.25%	0.12%
NOW	A	0.04%	0.77%	0.04%
NSC	B	0.13%	0.29%	0.13%
NUE	C	0.12%	0.11%	0.11%
NVDA	C	0.26%	6.7%	0.26%
NVT	B	0.02%	0.39%	0.02%
OKE	A	0.18%	0.16%	0.16%
ON	D	0.04%	0.1%	0.04%
ORCL	B	0.32%	0.99%	0.32%
ORLY	B	0.06%	0.26%	0.06%
PCG	A	0.11%	0.14%	0.11%
PEG	A	0.15%	0.16%	0.15%
PG	A	0.71%	0.87%	0.71%
PH	A	0.11%	0.48%	0.11%
PLD	D	0.15%	0.38%	0.15%
PNC	B	0.37%	0.31%	0.31%
PSX	C	0.29%	0.24%	0.24%
QCOM	F	0.31%	0.91%	0.31%
REGN	F	0.1%	0.3%	0.1%
RSG	A	0.06%	0.16%	0.06%
SAIA	B	0.01%	0.21%	0.01%
SHW	A	0.09%	0.24%	0.09%
SLB	C	0.13%	0.26%	0.13%
SNPS	B	0.03%	0.58%	0.03%
SPGI	C	0.17%	0.74%	0.17%
SRE	A	0.19%	0.2%	0.19%
STLD	B	0.07%	0.1%	0.07%
STWD	C	0.04%	0.11%	0.04%
STZ	D	0.07%	0.17%	0.07%
T	A	1.18%	0.75%	0.75%
TDG	D	0.07%	0.77%	0.07%
TJX	A	0.19%	0.71%	0.19%
TMO	F	0.22%	0.53%	0.22%
TMUS	B	0.33%	0.88%	0.33%
TOL	B	0.05%	0.07%	0.05%
TRGP	B	0.1%	0.09%	0.09%
TRU	D	0.03%	0.3%	0.03%
TT	A	0.1%	0.48%	0.1%
TXN	C	0.34%	0.63%	0.34%
UBER	D	0.05%	0.74%	0.05%
ULTA	F	0.02%	0.4%	0.02%
UNM	A	0.08%	0.97%	0.08%
URI	B	0.11%	0.32%	0.11%
V	A	0.25%	1.23%	0.25%
VRSK	A	0.03%	0.17%	0.03%
VRTX	F	0.09%	0.51%	0.09%
VST	B	0.15%	0.15%	0.15%
VTR	C	0.11%	0.2%	0.11%
WFC	A	1.29%	0.99%	0.99%
WMB	A	0.24%	0.16%	0.16%
WY	D	0.09%	0.06%	0.06%
XOM	B	2.24%	1.15%	1.15%
ZBH	C	0.05%	0.5%	0.05%

PRF Overweight 804 Positions Relative to NBCR

Symbol	Grade	Weight
BRK.A	B	2.34%
VZ	C	1.19%
WMT	A	1.16%
CVX	A	1.16%
UNH	C	1.06%
META	D	0.96%
CMCSA	B	0.78%
PFE	D	0.77%
PM	B	0.66%
MS	A	0.58%
IBM	C	0.53%
MO	A	0.52%
AVGO	D	0.5%
PEP	F	0.48%
KO	D	0.47%
RTX	C	0.47%
INTC	D	0.45%
DIS	B	0.42%
MRK	F	0.41%
COF	B	0.41%
F	C	0.39%
USB	A	0.38%
TSLA	B	0.37%
CI	F	0.37%
GILD	C	0.37%
TFC	A	0.36%
SO	D	0.36%
LOW	D	0.34%
VLO	C	0.33%
ABT	B	0.32%
UPS	C	0.32%
MU	D	0.31%
KR	B	0.31%
MPC	D	0.31%
HON	B	0.3%
CB	C	0.3%
KMI	A	0.3%
CAH	B	0.29%
TGT	F	0.29%
AXP	A	0.29%
COR	B	0.26%
PGR	A	0.25%
UNP	C	0.25%
CHTR	C	0.25%
TRV	B	0.24%
SYF	B	0.23%
PRU	A	0.23%
ADM	D	0.21%
EXC	C	0.2%
DFS	B	0.2%
PYPL	B	0.2%
AFL	B	0.2%
HPQ	B	0.19%
HPE	B	0.19%
GD	F	0.18%
DOW	F	0.18%
JCI	C	0.18%
SCHW	B	0.18%
DD	D	0.17%
NOC	D	0.17%
SBUX	A	0.17%
DHR	F	0.16%
STT	A	0.16%
NEM	D	0.16%
MTB	A	0.16%
WELL	A	0.16%
WBD	C	0.16%
XEL	A	0.15%
EMR	A	0.15%
AMT	D	0.15%
FIS	C	0.15%
ED	D	0.15%
TSN	B	0.15%
CMI	A	0.15%
IP	B	0.15%
SYY	B	0.14%
BBY	D	0.14%
PPL	B	0.14%
EIX	B	0.14%
KHC	F	0.14%
LYB	F	0.14%
HIG	B	0.14%
ADP	B	0.14%
PCAR	B	0.14%
CME	A	0.14%
CBRE	B	0.13%
WM	A	0.13%
BDX	F	0.13%
OXY	D	0.13%
ZIM	C	0.13%
DLR	B	0.13%
MMC	B	0.13%
KMB	D	0.13%
BX	A	0.13%
BKR	B	0.12%
LHX	C	0.12%
HBAN	A	0.12%
CCI	D	0.12%
LUMN	C	0.12%
DHI	D	0.12%
SPG	B	0.12%
THC	D	0.12%
PARA	C	0.12%
SYK	C	0.12%
RF	A	0.12%
ITW	B	0.12%
GLW	B	0.12%
ES	D	0.11%
NRG	B	0.11%
WEC	A	0.11%
WBA	F	0.11%
KEY	B	0.11%
ADBE	C	0.11%
EQIX	A	0.1%
O	D	0.1%
NTRS	A	0.1%
CTSH	B	0.1%
AMP	A	0.1%
BG	F	0.1%
DVN	F	0.1%
PFG	D	0.1%
WDC	D	0.1%
GEV	B	0.1%
USFD	A	0.09%
AER	B	0.09%
BIIB	F	0.09%
VTRS	A	0.09%
EBAY	D	0.09%
TROW	B	0.09%
AEE	A	0.09%
JXN	C	0.09%
CTVA	C	0.09%
EVRG	A	0.08%
GEHC	F	0.08%
FLEX	A	0.08%
CHRW	C	0.08%
PFGC	B	0.08%
NXPI	D	0.08%
CINF	A	0.08%
ISRG	A	0.08%
IFF	D	0.08%
ALLY	C	0.08%
ARW	D	0.08%
KMX	B	0.08%
AVB	B	0.08%
MKL	A	0.08%
IRM	D	0.08%
OMC	C	0.08%
PPG	F	0.07%
GPN	B	0.07%
LNC	B	0.07%
RJF	A	0.07%
HAL	C	0.07%
FNF	B	0.07%
VFC	C	0.07%
STX	D	0.07%
SWK	D	0.07%
AZO	C	0.07%
DOC	D	0.07%
CAG	D	0.07%
AJG	B	0.07%
JEF	A	0.07%
VICI	C	0.07%
SQ	B	0.07%
WTW	B	0.07%
CMS	C	0.07%
CTRA	B	0.07%
MRO	B	0.07%
PAYX	C	0.07%
ACGL	D	0.07%
PSA	D	0.07%
PHM	D	0.07%
ACI	C	0.07%
AA	B	0.07%
NTAP	C	0.06%
IVZ	B	0.06%
MHK	D	0.06%
ZTS	D	0.06%
EQH	B	0.06%
MAR	B	0.06%
GWW	B	0.06%
WCC	B	0.06%
ATO	A	0.06%
OTIS	C	0.06%
LH	C	0.06%
VNO	B	0.06%
CMA	A	0.06%
MOS	F	0.06%
CRBG	B	0.06%
ORI	A	0.06%
CF	B	0.06%
PWR	A	0.06%
PNW	B	0.06%
ROST	C	0.06%
LAD	A	0.06%
CTAS	B	0.06%
LDOS	C	0.06%
FAST	B	0.06%
PKG	A	0.06%
RGA	A	0.06%
WAB	B	0.06%
UAL	A	0.06%
WHR	B	0.06%
L	A	0.06%
BXP	D	0.06%
NI	A	0.06%
GEN	B	0.06%
ARE	D	0.06%
EMN	D	0.06%
ROP	B	0.06%
JLL	D	0.06%
R	B	0.06%
GRMN	B	0.06%
MRVL	B	0.06%
UGI	A	0.05%
DXC	B	0.05%
TSCO	D	0.05%
DRI	B	0.05%
HWM	A	0.05%
HBI	B	0.05%
SJM	D	0.05%
EG	C	0.05%
TWLO	A	0.05%
BALL	D	0.05%
ZION	B	0.05%
CLX	B	0.05%
NVR	D	0.05%
ACM	A	0.05%
ESS	B	0.05%
UHS	D	0.05%
MCHP	D	0.05%
X	C	0.05%
RS	B	0.05%
ROK	B	0.05%
SFM	A	0.05%
BAP	B	0.05%
MAA	B	0.05%
KIM	A	0.05%
BAX	D	0.05%
BJ	A	0.05%
AN	C	0.05%
OC	A	0.05%
BWA	D	0.05%
TAP	C	0.05%
M	D	0.05%
KLAC	D	0.05%
RCL	A	0.05%
YUM	B	0.05%
AES	F	0.05%
OMF	A	0.05%
CNH	C	0.05%
SOLV	C	0.05%
DOV	A	0.05%
FHN	A	0.05%
TDS	B	0.05%
JBL	B	0.05%
AFG	A	0.05%
DG	F	0.05%
KD	B	0.05%
GPC	D	0.05%
AWK	D	0.05%
FOXA	B	0.05%
HES	B	0.05%
AVT	C	0.04%
CHD	B	0.04%
CPAY	A	0.04%
SUI	D	0.04%
BEN	C	0.04%
CPT	B	0.04%
WPC	D	0.04%
DINO	D	0.04%
GT	C	0.04%
WBS	A	0.04%
HST	C	0.04%
SSNC	B	0.04%
TPR	B	0.04%
PBF	D	0.04%
ZBRA	B	0.04%
HOLX	D	0.04%
UDR	B	0.04%
DVA	B	0.04%
EXR	D	0.04%
A	D	0.04%
UTHR	C	0.04%
WRB	A	0.04%
LEA	D	0.04%
SNV	B	0.04%
INGR	B	0.04%
ABG	B	0.04%
TMHC	B	0.04%
REG	B	0.04%
APA	D	0.04%
EXPE	B	0.04%
SNX	C	0.04%
NWL	B	0.04%
TDY	B	0.04%
KSS	F	0.04%
HAS	D	0.04%
FAF	A	0.04%
MGM	D	0.04%
CASY	A	0.04%
EXPD	D	0.04%
LKQ	D	0.04%
SLG	B	0.04%
MRNA	F	0.04%
OGE	B	0.04%
BERY	B	0.04%
TTWO	A	0.04%
MKC	D	0.04%
CCEP	C	0.04%
BFH	B	0.04%
OVV	B	0.04%
EWBC	A	0.04%
EME	C	0.04%
TXT	D	0.04%
GPI	A	0.04%
AR	B	0.04%
IPG	D	0.04%
HSY	F	0.04%
MTZ	B	0.04%
VMC	B	0.04%
MPW	F	0.04%
SNA	A	0.04%
AME	A	0.04%
PK	B	0.03%
OLN	D	0.03%
ICLR	D	0.03%
COIN	C	0.03%
ELAN	D	0.03%
CMC	B	0.03%
BHF	B	0.03%
ALV	C	0.03%
DASH	A	0.03%
MAN	D	0.03%
CLF	F	0.03%
KRC	C	0.03%
WTFC	A	0.03%
GAP	C	0.03%
BRO	B	0.03%
AXTA	A	0.03%
DAR	C	0.03%
AGCO	D	0.03%
OSK	B	0.03%
WTRG	B	0.03%
SCI	B	0.03%
VLY	B	0.03%
LBRDK	C	0.03%
CTLT	B	0.03%
RIG	D	0.03%
ALSN	B	0.03%
ODFL	B	0.03%
JBHT	C	0.03%
BAH	F	0.03%
CAR	C	0.03%
TRMB	B	0.03%
GNRC	B	0.03%
ZM	B	0.03%
XYL	D	0.03%
WU	D	0.03%
STE	F	0.03%
LAMR	D	0.03%
CNO	A	0.03%
FOX	A	0.03%
BECN	B	0.03%
AL	B	0.03%
PNFP	B	0.03%
CPNG	D	0.03%
FLR	B	0.03%
THO	B	0.03%
CPRT	A	0.03%
PNR	A	0.03%
EW	C	0.03%
FNB	A	0.03%
BPOP	B	0.03%
JWN	C	0.03%
SANM	B	0.03%
FSLR	F	0.03%
GLPI	C	0.03%
NWSA	B	0.03%
CNX	A	0.03%
COOP	B	0.03%
CG	A	0.03%
KEYS	A	0.03%
RRX	B	0.03%
PB	A	0.03%
OHI	C	0.03%
BRX	A	0.03%
AXS	A	0.03%
GEO	B	0.03%
HUBB	B	0.03%
CZR	F	0.03%
GPK	C	0.03%
MTH	D	0.03%
LPLA	A	0.03%
WSO	A	0.03%
CMG	B	0.03%
RVTY	F	0.03%
CACI	D	0.03%
BURL	A	0.03%
MNST	C	0.03%
ALB	C	0.03%
MAS	D	0.03%
ARMK	B	0.03%
KNX	B	0.03%
FCNCA	A	0.03%
OGN	D	0.03%
JNPR	F	0.03%
PENN	C	0.03%
BR	A	0.03%
FTV	C	0.03%
CSL	C	0.03%
FMC	D	0.03%
JHG	A	0.03%
VOYA	B	0.03%
HSIC	B	0.03%
WAL	B	0.03%
CPB	D	0.03%
ANET	C	0.03%
COHR	B	0.03%
SPOT	B	0.03%
HLT	A	0.03%
DKS	C	0.03%
HRL	D	0.03%
RPM	A	0.03%
MUSA	A	0.03%
WSM	B	0.03%
HOOD	B	0.03%
RMD	C	0.03%
SWKS	F	0.03%
SF	B	0.03%
CDP	C	0.02%
TKR	D	0.02%
VEEV	C	0.02%
MSM	C	0.02%
BWXT	B	0.02%
WDAY	B	0.02%
ASGN	F	0.02%
MC	C	0.02%
CHRD	D	0.02%
PCH	D	0.02%
RH	B	0.02%
ARES	A	0.02%
BLD	D	0.02%
HP	B	0.02%
GGG	B	0.02%
FDS	B	0.02%
JKHY	D	0.02%
APLE	B	0.02%
CATY	B	0.02%
RIVN	F	0.02%
TTMI	B	0.02%
ALGN	D	0.02%
DK	C	0.02%
SMG	D	0.02%
OUT	A	0.02%
EPR	D	0.02%
LNW	D	0.02%
AIT	A	0.02%
ADNT	F	0.02%
ESNT	D	0.02%
GHC	C	0.02%
POOL	C	0.02%
AVA	A	0.02%
LW	C	0.02%
NDSN	B	0.02%
SFNC	B	0.02%
GATX	A	0.02%
TXRH	C	0.02%
RPRX	D	0.02%
COLD	D	0.02%
HCC	B	0.02%
SIG	B	0.02%
Z	A	0.02%
NSIT	F	0.02%
RUSHA	C	0.02%
FLO	D	0.02%
AAL	B	0.02%
ALLE	D	0.02%
QRVO	F	0.02%
LSTR	D	0.02%
GMS	B	0.02%
CRL	C	0.02%
NJR	A	0.02%
MDU	D	0.02%
KRG	B	0.02%
VAC	B	0.02%
NAVI	C	0.02%
ADC	B	0.02%
HUBG	A	0.02%
HLF	C	0.02%
CC	C	0.02%
MKSI	C	0.02%
NVST	B	0.02%
ALE	A	0.02%
CBT	C	0.02%
OI	C	0.02%
MTD	D	0.02%
PII	D	0.02%
SLGN	A	0.02%
NWE	B	0.02%
FULT	A	0.02%
ST	F	0.02%
ABCB	B	0.02%
CXW	B	0.02%
UHAL	D	0.02%
PAG	B	0.02%
DPZ	C	0.02%
TYL	B	0.02%
AGR	B	0.02%
DY	D	0.02%
DCI	B	0.02%
VMI	B	0.02%
PLXS	B	0.02%
WKC	D	0.02%
GRAB	B	0.02%
KBR	F	0.02%
REZI	A	0.02%
HRI	B	0.02%
MIDD	C	0.02%
HOMB	A	0.02%
WAT	B	0.02%
FHB	A	0.02%
LUV	C	0.02%
RL	B	0.02%
ITT	A	0.02%
AGO	B	0.02%
MELI	D	0.02%
UMBF	B	0.02%
UNFI	A	0.02%
DECK	A	0.02%
BTU	B	0.02%
SAIC	F	0.02%
TRN	C	0.02%
SR	A	0.02%
SLVM	B	0.02%
AVNT	B	0.02%
MHO	D	0.02%
PNM	F	0.02%
SEM	B	0.02%
BC	C	0.02%
CW	B	0.02%
AYI	B	0.02%
SCCO	F	0.02%
COLB	A	0.02%
PHIN	A	0.02%
SM	B	0.02%
PRI	A	0.02%
LYV	A	0.02%
VRT	B	0.02%
OGS	A	0.02%
MAT	D	0.02%
SEE	C	0.02%
CR	A	0.02%
FL	F	0.02%
LII	A	0.02%
GDDY	A	0.02%
HOG	D	0.02%
SBAC	D	0.02%
LITE	B	0.02%
CBOE	B	0.02%
G	B	0.02%
TER	D	0.02%
NOV	C	0.02%
JAZZ	B	0.02%
ATR	B	0.02%
POST	C	0.02%
NNN	D	0.02%
KMPR	B	0.02%
CUBE	D	0.02%
EXEL	B	0.02%
BKU	A	0.02%
LULU	C	0.02%
CE	F	0.02%
TNL	A	0.02%
RNR	C	0.02%
SLM	A	0.02%
AAP	C	0.02%
MTG	C	0.02%
CBSH	A	0.02%
BXMT	C	0.02%
TCBI	B	0.02%
OZK	B	0.02%
UFPI	B	0.02%
INCY	C	0.02%
CDNS	B	0.02%
MSCI	C	0.02%
GBCI	B	0.02%
XPO	B	0.02%
PRGO	B	0.02%
FLS	B	0.02%
RHI	B	0.02%
KEX	C	0.02%
IEX	B	0.02%
PVH	C	0.02%
AMG	B	0.02%
RDN	C	0.02%
MUR	D	0.02%
SBRA	C	0.02%
VLTO	D	0.02%
FFIV	B	0.02%
GME	C	0.02%
HWC	B	0.02%
IDA	A	0.02%
BCC	B	0.02%
ANSS	B	0.02%
HIW	D	0.02%
ASB	B	0.02%
DEI	B	0.02%
THG	A	0.02%
SON	D	0.02%
SKX	D	0.02%
SOFI	A	0.02%
CWK	B	0.02%
AKAM	D	0.02%
BKH	A	0.02%
KBH	D	0.02%
CIEN	B	0.02%
POR	C	0.02%
CSGP	D	0.02%
AMH	D	0.02%
ABM	B	0.02%
HUN	F	0.02%
ILMN	D	0.02%
CADE	B	0.02%
EL	F	0.02%
LPX	B	0.02%
UBSI	B	0.02%
MAC	B	0.02%
VSCO	B	0.02%
TPH	D	0.02%
CLH	B	0.02%
NFG	A	0.02%
BBWI	D	0.02%
MLI	C	0.02%
HII	D	0.02%
ONB	B	0.02%
SSB	B	0.02%
HRB	D	0.02%
FTI	A	0.02%
BIO	D	0.02%
TGNA	B	0.02%
AGNC	D	0.02%
EVR	B	0.02%
GNW	A	0.02%
SWX	B	0.02%
DOX	D	0.02%
CUZ	B	0.02%
NXST	C	0.02%
FRT	B	0.02%
CFR	B	0.02%
AMN	F	0.01%
FIVE	F	0.01%
CNXC	F	0.01%
HELE	C	0.01%
CLVT	F	0.01%
NUS	D	0.01%
VSAT	F	0.01%
JELD	F	0.01%
HEI	B	0.01%
OPCH	D	0.01%
BGS	F	0.01%
STNE	F	0.01%
ZG	A	0.01%
GTN	F	0.01%
XP	F	0.01%
OPEN	D	0.01%
WSC	D	0.01%
AMR	C	0.01%
ODP	F	0.01%
ARCB	C	0.01%
SNOW	C	0.01%
IGT	F	0.01%
ACHC	F	0.01%
DIOD	D	0.01%
CRI	D	0.01%
TROX	D	0.01%
MLKN	D	0.01%
NSP	D	0.01%
HPP	F	0.01%
LGIH	D	0.01%
CBRL	C	0.01%
HEI	B	0.01%
CPRI	F	0.01%
UA	C	0.01%
ATKR	C	0.01%
VSTS	C	0.01%
RLJ	C	0.01%
AMKR	D	0.01%
UAA	C	0.01%
XRAY	F	0.01%
NWS	B	0.01%
OMI	F	0.01%
EGP	F	0.01%
PDCO	D	0.01%
URBN	C	0.01%
SITE	D	0.01%
ARI	C	0.01%
BXC	B	0.01%
VSH	D	0.01%
ENOV	C	0.01%
CSTM	F	0.01%
AXL	C	0.01%
W	F	0.01%
DRH	B	0.01%
DAN	D	0.01%
PMT	D	0.01%
UVV	B	0.01%
LXP	D	0.01%
CCS	D	0.01%
CABO	C	0.01%
CRC	B	0.01%
CGNX	C	0.01%
RYN	D	0.01%
ASO	F	0.01%
ASH	D	0.01%
ANDE	D	0.01%
TEX	D	0.01%
LFUS	F	0.01%
EEFT	B	0.01%
JBGS	D	0.01%
THS	D	0.01%
WEX	D	0.01%
PINC	B	0.01%
HTZ	C	0.01%
UNIT	B	0.01%
FUL	F	0.01%
PFSI	D	0.01%
FND	C	0.01%
IDXX	F	0.01%
FR	C	0.01%
AEO	F	0.01%
BYD	C	0.01%
APAM	B	0.01%
OKTA	C	0.01%
NOMD	D	0.01%
RUN	F	0.01%
KMT	B	0.01%
SPB	C	0.01%
TPX	B	0.01%
LECO	B	0.01%
PECO	A	0.01%
PTC	A	0.01%
GEF	A	0.01%
LCII	C	0.01%
ENS	D	0.01%
FCN	D	0.01%
ATI	D	0.01%
XRX	F	0.01%
PPBI	B	0.01%
ABNB	C	0.01%
UCB	A	0.01%
CNM	D	0.01%
SBH	C	0.01%
ABR	C	0.01%
WH	B	0.01%
CIVI	D	0.01%
MMS	F	0.01%
RRC	B	0.01%
AM	A	0.01%
SIGI	C	0.01%
BCO	D	0.01%
BOKF	B	0.01%
FIBK	A	0.01%
GNTX	C	0.01%
ALIT	C	0.01%
WLK	D	0.01%
MTDR	B	0.01%
RLI	B	0.01%
STAG	F	0.01%
ARCH	B	0.01%
BDN	C	0.01%
AUB	B	0.01%
EPAM	C	0.01%
VYX	B	0.01%
GTLS	B	0.01%
WERN	C	0.01%
VNT	B	0.01%
FTNT	C	0.01%
IAC	D	0.01%
RXO	C	0.01%
TTC	D	0.01%
SEIC	B	0.01%
FFBC	A	0.01%
LEG	F	0.01%
AOS	F	0.01%
WST	C	0.01%
INDB	B	0.01%
RGLD	C	0.01%
ESGR	B	0.01%
REXR	F	0.01%
HE	C	0.01%
KNF	A	0.01%
MTN	C	0.01%
WWD	B	0.01%
IRT	A	0.01%
APG	B	0.01%
TFX	F	0.01%
ESAB	B	0.01%
WYNN	D	0.01%
UHAL	D	0.0%
SEDG	F	0.0%
SMCI	F	0.0%
LBRDA	C	0.0%
PARR	D	0.0%

PRF Underweight 15 Positions Relative to NBCR

Symbol	Grade	Weight
IWB	A	-0.56%
DKNG	B	-0.52%
CRWD	B	-0.51%
UL	D	-0.51%
ASML	F	-0.23%
WCN	A	-0.21%
TKO	B	-0.15%
FCPT	C	-0.14%
WRBY	B	-0.14%
TW	A	-0.12%
UTZ	D	-0.08%
WIX	B	-0.08%
SMAR	A	-0.07%
IONS	F	-0.05%
BHP	F	-0.03%