PRF vs. PBP ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to PowerShares S&P 500 BuyWrite Portfolio (PBP)

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

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$23.15

Average Daily Volume

20,950

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	PRF	PBP
30 Days	4.02%	1.82%
60 Days	5.08%	2.59%
90 Days	6.89%	4.17%
12 Months	30.29%	18.42%

480 Overlapping Holdings

	Symbol	Grade	Weight in PRF	Weight in PBP	Overlap
	A	D	0.04%	0.08%	0.04%
	AAPL	C	2.3%	7.01%	2.3%
	ABBV	D	0.57%	0.61%	0.57%
	ABNB	C	0.01%	0.12%	0.01%
	ABT	B	0.32%	0.4%	0.32%
	ACGL	D	0.07%	0.08%	0.07%
	ACN	C	0.25%	0.46%	0.25%
	ADBE	C	0.11%	0.47%	0.11%
	ADI	D	0.17%	0.21%	0.17%
	ADM	D	0.21%	0.05%	0.05%
	ADP	B	0.14%	0.25%	0.14%
	ADSK	A	0.02%	0.13%	0.02%
	AEE	A	0.09%	0.05%	0.05%
	AEP	D	0.2%	0.1%	0.1%
	AES	F	0.05%	0.02%	0.02%
	AFL	B	0.2%	0.11%	0.11%
	AIG	B	0.31%	0.1%	0.1%
	AIZ	A	0.04%	0.02%	0.02%
	AJG	B	0.07%	0.13%	0.07%
	AKAM	D	0.02%	0.03%	0.02%
	ALB	C	0.03%	0.02%	0.02%
	ALGN	D	0.02%	0.03%	0.02%
	ALL	A	0.2%	0.1%	0.1%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.12%	0.31%	0.12%
	AMD	F	0.15%	0.45%	0.15%
	AME	A	0.04%	0.09%	0.04%
	AMGN	D	0.32%	0.32%	0.32%
	AMP	A	0.1%	0.11%	0.1%
	AMT	D	0.15%	0.18%	0.15%
	AMZN	C	1.74%	3.99%	1.74%
	ANET	C	0.03%	0.2%	0.03%
	ANSS	B	0.02%	0.06%	0.02%
	AON	A	0.07%	0.17%	0.07%
	AOS	F	0.01%	0.02%	0.01%
	APA	D	0.04%	0.02%	0.02%
	APD	A	0.16%	0.14%	0.14%
	APH	A	0.08%	0.18%	0.08%
	APTV	D	0.04%	0.03%	0.03%
	ARE	D	0.06%	0.03%	0.03%
	ATO	A	0.06%	0.05%	0.05%
	AVB	B	0.08%	0.07%	0.07%
	AVGO	D	0.5%	1.6%	0.5%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.05%	0.05%
	AXP	A	0.29%	0.33%	0.29%
	AZO	C	0.07%	0.1%	0.07%
	BA	F	0.11%	0.2%	0.11%
	BAC	A	1.37%	0.63%	0.63%
	BALL	D	0.05%	0.04%	0.04%
	BAX	D	0.05%	0.03%	0.03%
	BBY	D	0.14%	0.04%	0.04%
	BDX	F	0.13%	0.13%	0.13%
	BEN	C	0.04%	0.01%	0.01%
	BG	F	0.1%	0.03%	0.03%
	BIIB	F	0.09%	0.05%	0.05%
	BK	A	0.27%	0.12%	0.12%
	BKNG	A	0.1%	0.34%	0.1%
	BKR	B	0.12%	0.09%	0.09%
	BLDR	D	0.06%	0.04%	0.04%
	BLK	C	0.33%	0.29%	0.29%
	BMY	B	0.42%	0.24%	0.24%
	BR	A	0.03%	0.05%	0.03%
	BRK.A	B	2.34%	1.73%	1.73%
	BRO	B	0.03%	0.05%	0.03%
	BSX	B	0.12%	0.26%	0.12%
	BWA	D	0.05%	0.02%	0.02%
	BX	A	0.13%	0.26%	0.13%
	BXP	D	0.06%	0.02%	0.02%
	C	A	1.14%	0.26%	0.26%
	CAG	D	0.07%	0.03%	0.03%
	CAH	B	0.29%	0.06%	0.06%
	CARR	D	0.11%	0.13%	0.11%
	CAT	B	0.34%	0.38%	0.34%
	CB	C	0.3%	0.22%	0.22%
	CBOE	B	0.02%	0.04%	0.02%
	CBRE	B	0.13%	0.08%	0.08%
	CCI	D	0.12%	0.09%	0.09%
	CCL	B	0.07%	0.05%	0.05%
	CDNS	B	0.02%	0.17%	0.02%
	CDW	F	0.04%	0.05%	0.04%
	CE	F	0.02%	0.02%	0.02%
	CEG	D	0.13%	0.14%	0.13%
	CF	B	0.06%	0.03%	0.03%
	CFG	B	0.16%	0.04%	0.04%
	CHD	B	0.04%	0.05%	0.04%
	CHRW	C	0.08%	0.03%	0.03%
	CHTR	C	0.25%	0.08%	0.08%
	CI	F	0.37%	0.18%	0.18%
	CINF	A	0.08%	0.05%	0.05%
	CL	D	0.13%	0.15%	0.13%
	CLX	B	0.05%	0.04%	0.04%
	CMCSA	B	0.78%	0.34%	0.34%
	CME	A	0.14%	0.16%	0.14%
	CMG	B	0.03%	0.17%	0.03%
	CMI	A	0.15%	0.1%	0.1%
	CMS	C	0.07%	0.04%	0.04%
	CNC	D	0.22%	0.06%	0.06%
	CNP	B	0.07%	0.04%	0.04%
	COF	B	0.41%	0.14%	0.14%
	COP	C	0.42%	0.27%	0.27%
	COR	B	0.26%	0.09%	0.09%
	COST	B	0.56%	0.83%	0.56%
	CPAY	A	0.04%	0.05%	0.04%
	CPB	D	0.03%	0.02%	0.02%
	CPRT	A	0.03%	0.1%	0.03%
	CPT	B	0.04%	0.03%	0.03%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.25%	0.65%	0.25%
	CSCO	B	0.64%	0.47%	0.47%
	CSGP	D	0.02%	0.06%	0.02%
	CSX	B	0.14%	0.14%	0.14%
	CTAS	B	0.06%	0.15%	0.06%
	CTLT	B	0.03%	0.02%	0.02%
	CTRA	B	0.07%	0.04%	0.04%
	CTSH	B	0.1%	0.08%	0.08%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	D	0.53%	0.14%	0.14%
	CVX	A	1.16%	0.56%	0.56%
	CZR	F	0.03%	0.02%	0.02%
	D	C	0.26%	0.1%	0.1%
	DAL	C	0.04%	0.08%	0.04%
	DD	D	0.17%	0.07%	0.07%
	DE	A	0.22%	0.2%	0.2%
	DECK	A	0.02%	0.05%	0.02%
	DFS	B	0.2%	0.09%	0.09%
	DG	F	0.05%	0.03%	0.03%
	DGX	A	0.07%	0.04%	0.04%
	DHI	D	0.12%	0.1%	0.1%
	DHR	F	0.16%	0.31%	0.16%
	DIS	B	0.42%	0.4%	0.4%
	DLR	B	0.13%	0.11%	0.11%
	DLTR	F	0.04%	0.03%	0.03%
	DOC	D	0.07%	0.03%	0.03%
	DOV	A	0.05%	0.06%	0.05%
	DOW	F	0.18%	0.06%	0.06%
	DPZ	C	0.02%	0.03%	0.02%
	DRI	B	0.05%	0.04%	0.04%
	DTE	C	0.1%	0.05%	0.05%
	DUK	C	0.4%	0.17%	0.17%
	DVA	B	0.04%	0.01%	0.01%
	DVN	F	0.1%	0.05%	0.05%
	DXCM	D	0.01%	0.06%	0.01%
	EA	A	0.04%	0.08%	0.04%
	EBAY	D	0.09%	0.06%	0.06%
	ECL	D	0.07%	0.13%	0.07%
	ED	D	0.15%	0.07%	0.07%
	EFX	F	0.03%	0.07%	0.03%
	EG	C	0.05%	0.03%	0.03%
	EIX	B	0.14%	0.06%	0.06%
	EL	F	0.02%	0.03%	0.02%
	ELV	F	0.28%	0.19%	0.19%
	EMN	D	0.06%	0.02%	0.02%
	EMR	A	0.15%	0.15%	0.15%
	EOG	A	0.27%	0.16%	0.16%
	EPAM	C	0.01%	0.03%	0.01%
	EQIX	A	0.1%	0.17%	0.1%
	EQR	B	0.08%	0.05%	0.05%
	EQT	B	0.07%	0.05%	0.05%
	ES	D	0.11%	0.04%	0.04%
	ESS	B	0.05%	0.04%	0.04%
	ETN	A	0.18%	0.29%	0.18%
	ETR	B	0.15%	0.06%	0.06%
	EVRG	A	0.08%	0.03%	0.03%
	EW	C	0.03%	0.08%	0.03%
	EXC	C	0.2%	0.08%	0.08%
	EXPD	D	0.04%	0.03%	0.03%
	EXPE	B	0.04%	0.05%	0.04%
	EXR	D	0.04%	0.07%	0.04%
	F	C	0.39%	0.09%	0.09%
	FANG	D	0.08%	0.07%	0.07%
	FAST	B	0.06%	0.1%	0.06%
	FCX	D	0.14%	0.13%	0.13%
	FDS	B	0.02%	0.04%	0.02%
	FDX	B	0.31%	0.13%	0.13%
	FE	C	0.1%	0.04%	0.04%
	FFIV	B	0.02%	0.03%	0.02%
	FI	A	0.22%	0.25%	0.22%
	FIS	C	0.15%	0.1%	0.1%
	FITB	A	0.14%	0.06%	0.06%
	FMC	D	0.03%	0.01%	0.01%
	FOX	A	0.03%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FRT	B	0.02%	0.02%	0.02%
	FSLR	F	0.03%	0.04%	0.03%
	FTNT	C	0.01%	0.12%	0.01%
	FTV	C	0.03%	0.05%	0.03%
	GD	F	0.18%	0.15%	0.15%
	GDDY	A	0.02%	0.05%	0.02%
	GE	D	0.23%	0.39%	0.23%
	GEHC	F	0.08%	0.08%	0.08%
	GEN	B	0.06%	0.03%	0.03%
	GEV	B	0.1%	0.18%	0.1%
	GILD	C	0.37%	0.23%	0.23%
	GIS	D	0.13%	0.07%	0.07%
	GL	B	0.03%	0.02%	0.02%
	GLW	B	0.12%	0.07%	0.07%
	GM	B	0.79%	0.13%	0.13%
	GNRC	B	0.03%	0.02%	0.02%
	GOOG	C	0.89%	1.72%	0.89%
	GOOGL	C	1.03%	2.08%	1.03%
	GPC	D	0.05%	0.03%	0.03%
	GPN	B	0.07%	0.06%	0.06%
	GRMN	B	0.06%	0.07%	0.06%
	GS	A	0.78%	0.38%	0.38%
	GWW	B	0.06%	0.11%	0.06%
	HAL	C	0.07%	0.05%	0.05%
	HAS	D	0.04%	0.02%	0.02%
	HBAN	A	0.12%	0.05%	0.05%
	HCA	F	0.15%	0.13%	0.13%
	HD	A	0.73%	0.81%	0.73%
	HES	B	0.05%	0.08%	0.05%
	HIG	B	0.14%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HLT	A	0.03%	0.12%	0.03%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.3%	0.3%	0.3%
	HPE	B	0.19%	0.06%	0.06%
	HPQ	B	0.19%	0.07%	0.07%
	HRL	D	0.03%	0.02%	0.02%
	HSIC	B	0.03%	0.02%	0.02%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.04%	0.05%	0.04%
	HUBB	B	0.03%	0.05%	0.03%
	HUM	C	0.14%	0.07%	0.07%
	HWM	A	0.05%	0.09%	0.05%
	IBM	C	0.53%	0.39%	0.39%
	ICE	C	0.12%	0.18%	0.12%
	IDXX	F	0.01%	0.07%	0.01%
	IEX	B	0.02%	0.04%	0.02%
	IFF	D	0.08%	0.05%	0.05%
	INCY	C	0.02%	0.03%	0.02%
	INTC	D	0.45%	0.22%	0.22%
	INTU	C	0.09%	0.4%	0.09%
	INVH	D	0.05%	0.04%	0.04%
	IP	B	0.15%	0.04%	0.04%
	IPG	D	0.04%	0.02%	0.02%
	IQV	D	0.05%	0.07%	0.05%
	IR	B	0.03%	0.08%	0.03%
	IRM	D	0.08%	0.07%	0.07%
	ISRG	A	0.08%	0.39%	0.08%
	IT	C	0.02%	0.08%	0.02%
	ITW	B	0.12%	0.15%	0.12%
	IVZ	B	0.06%	0.02%	0.02%
	J	F	0.04%	0.04%	0.04%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	B	0.05%	0.03%	0.03%
	JCI	C	0.18%	0.12%	0.12%
	JKHY	D	0.02%	0.03%	0.02%
	JNJ	D	0.92%	0.74%	0.74%
	JNPR	F	0.03%	0.03%	0.03%
	JPM	A	2.2%	1.39%	1.39%
	K	A	0.08%	0.04%	0.04%
	KDP	D	0.09%	0.07%	0.07%
	KEY	B	0.11%	0.04%	0.04%
	KEYS	A	0.03%	0.05%	0.03%
	KHC	F	0.14%	0.06%	0.06%
	KIM	A	0.05%	0.03%	0.03%
	KKR	A	0.13%	0.21%	0.13%
	KLAC	D	0.05%	0.18%	0.05%
	KMB	D	0.13%	0.09%	0.09%
	KMI	A	0.3%	0.1%	0.1%
	KMX	B	0.08%	0.02%	0.02%
	KO	D	0.47%	0.49%	0.47%
	KR	B	0.31%	0.08%	0.08%
	L	A	0.06%	0.03%	0.03%
	LDOS	C	0.06%	0.05%	0.05%
	LEN	D	0.12%	0.08%	0.08%
	LEN	D	0.01%	0.08%	0.01%
	LH	C	0.06%	0.04%	0.04%
	LHX	C	0.12%	0.1%	0.1%
	LIN	D	0.28%	0.44%	0.28%
	LKQ	D	0.04%	0.02%	0.02%
	LLY	F	0.21%	1.25%	0.21%
	LMT	D	0.34%	0.23%	0.23%
	LNT	A	0.05%	0.03%	0.03%
	LOW	D	0.34%	0.31%	0.31%
	LRCX	F	0.07%	0.2%	0.07%
	LULU	C	0.02%	0.08%	0.02%
	LUV	C	0.02%	0.04%	0.02%
	LVS	C	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.14%	0.04%	0.04%
	LYV	A	0.02%	0.04%	0.02%
	MA	C	0.17%	0.87%	0.17%
	MAA	B	0.05%	0.04%	0.04%
	MAR	B	0.06%	0.13%	0.06%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.29%	0.43%	0.29%
	MCHP	D	0.05%	0.07%	0.05%
	MCK	B	0.45%	0.16%	0.16%
	MCO	B	0.06%	0.15%	0.06%
	MDLZ	F	0.18%	0.18%	0.18%
	MDT	D	0.35%	0.22%	0.22%
	MET	A	0.29%	0.1%	0.1%
	META	D	0.96%	2.55%	0.96%
	MGM	D	0.04%	0.02%	0.02%
	MHK	D	0.06%	0.01%	0.01%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.04%	0.07%	0.04%
	MMC	B	0.13%	0.22%	0.13%
	MMM	D	0.42%	0.15%	0.15%
	MNST	C	0.03%	0.08%	0.03%
	MO	A	0.52%	0.19%	0.19%
	MOH	F	0.05%	0.04%	0.04%
	MOS	F	0.06%	0.02%	0.02%
	MPC	D	0.31%	0.11%	0.11%
	MRK	F	0.41%	0.5%	0.41%
	MRNA	F	0.04%	0.03%	0.03%
	MRO	B	0.07%	0.03%	0.03%
	MS	A	0.58%	0.33%	0.33%
	MSCI	C	0.02%	0.1%	0.02%
	MSFT	F	1.86%	6.41%	1.86%
	MSI	B	0.07%	0.17%	0.07%
	MTB	A	0.16%	0.07%	0.07%
	MTCH	D	0.01%	0.02%	0.01%
	MTD	D	0.02%	0.05%	0.02%
	MU	D	0.31%	0.22%	0.22%
	NDAQ	A	0.03%	0.07%	0.03%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.38%	0.31%	0.31%
	NEM	D	0.16%	0.09%	0.09%
	NFLX	A	0.21%	0.73%	0.21%
	NI	A	0.06%	0.03%	0.03%
	NKE	D	0.12%	0.18%	0.12%
	NOC	D	0.17%	0.14%	0.14%
	NOW	A	0.04%	0.43%	0.04%
	NRG	B	0.11%	0.04%	0.04%
	NSC	B	0.13%	0.12%	0.12%
	NTAP	C	0.06%	0.05%	0.05%
	NTRS	A	0.1%	0.04%	0.04%
	NUE	C	0.12%	0.07%	0.07%
	NVDA	C	0.26%	7.29%	0.26%
	NVR	D	0.05%	0.06%	0.05%
	NWS	B	0.01%	0.01%	0.01%
	NWSA	B	0.03%	0.02%	0.02%
	NXPI	D	0.08%	0.12%	0.08%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.03%	0.09%	0.03%
	OKE	A	0.18%	0.13%	0.13%
	OMC	C	0.08%	0.04%	0.04%
	ON	D	0.04%	0.06%	0.04%
	ORCL	B	0.32%	0.6%	0.32%
	ORLY	B	0.06%	0.14%	0.06%
	OTIS	C	0.06%	0.08%	0.06%
	OXY	D	0.13%	0.07%	0.07%
	PARA	C	0.12%	0.01%	0.01%
	PAYX	C	0.07%	0.09%	0.07%
	PCAR	B	0.14%	0.12%	0.12%
	PCG	A	0.11%	0.09%	0.09%
	PEG	A	0.15%	0.09%	0.09%
	PEP	F	0.48%	0.46%	0.46%
	PFE	D	0.77%	0.3%	0.3%
	PFG	D	0.1%	0.04%	0.04%
	PG	A	0.71%	0.8%	0.71%
	PGR	A	0.25%	0.31%	0.25%
	PH	A	0.11%	0.18%	0.11%
	PHM	D	0.07%	0.05%	0.05%
	PKG	A	0.06%	0.04%	0.04%
	PLD	D	0.15%	0.21%	0.15%
	PM	B	0.66%	0.4%	0.4%
	PNC	B	0.37%	0.17%	0.17%
	PNR	A	0.03%	0.04%	0.03%
	PNW	B	0.06%	0.02%	0.02%
	POOL	C	0.02%	0.03%	0.02%
	PPG	F	0.07%	0.06%	0.06%
	PPL	B	0.14%	0.05%	0.05%
	PRU	A	0.23%	0.09%	0.09%
	PSA	D	0.07%	0.11%	0.07%
	PSX	C	0.29%	0.11%	0.11%
	PTC	A	0.01%	0.05%	0.01%
	PWR	A	0.06%	0.1%	0.06%
	PYPL	B	0.2%	0.18%	0.18%
	QCOM	F	0.31%	0.37%	0.31%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	A	0.05%	0.11%	0.05%
	REG	B	0.04%	0.02%	0.02%
	REGN	F	0.1%	0.17%	0.1%
	RF	A	0.12%	0.05%	0.05%
	RJF	A	0.07%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.03%	0.07%	0.03%
	ROK	B	0.05%	0.07%	0.05%
	ROP	B	0.06%	0.12%	0.06%
	ROST	C	0.06%	0.1%	0.06%
	RSG	A	0.06%	0.09%	0.06%
	RTX	C	0.47%	0.32%	0.32%
	RVTY	F	0.03%	0.03%	0.03%
	SBAC	D	0.02%	0.05%	0.02%
	SBUX	A	0.17%	0.23%	0.17%
	SCHW	B	0.18%	0.24%	0.18%
	SHW	A	0.09%	0.18%	0.09%
	SJM	D	0.05%	0.02%	0.02%
	SLB	C	0.13%	0.12%	0.12%
	SMCI	F	0.0%	0.02%	0.0%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.03%	0.17%	0.03%
	SO	D	0.36%	0.19%	0.19%
	SOLV	C	0.05%	0.02%	0.02%
	SPG	B	0.12%	0.11%	0.11%
	SPGI	C	0.17%	0.33%	0.17%
	SRE	A	0.19%	0.12%	0.12%
	STE	F	0.03%	0.04%	0.03%
	STLD	B	0.07%	0.04%	0.04%
	STT	A	0.16%	0.06%	0.06%
	STX	D	0.07%	0.04%	0.04%
	STZ	D	0.07%	0.08%	0.07%
	SWK	D	0.07%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.23%	0.05%	0.05%
	SYK	C	0.12%	0.27%	0.12%
	SYY	B	0.14%	0.07%	0.07%
	T	A	1.18%	0.32%	0.32%
	TAP	C	0.05%	0.02%	0.02%
	TDG	D	0.07%	0.14%	0.07%
	TDY	B	0.04%	0.05%	0.04%
	TER	D	0.02%	0.04%	0.02%
	TFC	A	0.36%	0.13%	0.13%
	TFX	F	0.01%	0.02%	0.01%
	TGT	F	0.29%	0.14%	0.14%
	TJX	A	0.19%	0.27%	0.19%
	TMO	F	0.22%	0.41%	0.22%
	TMUS	B	0.33%	0.24%	0.24%
	TPR	B	0.04%	0.03%	0.03%
	TRGP	B	0.1%	0.08%	0.08%
	TRMB	B	0.03%	0.04%	0.03%
	TROW	B	0.09%	0.05%	0.05%
	TRV	B	0.24%	0.12%	0.12%
	TSCO	D	0.05%	0.06%	0.05%
	TSLA	B	0.37%	1.75%	0.37%
	TSN	B	0.15%	0.04%	0.04%
	TT	A	0.1%	0.19%	0.1%
	TTWO	A	0.04%	0.06%	0.04%
	TXN	C	0.34%	0.38%	0.34%
	TXT	D	0.04%	0.03%	0.03%
	TYL	B	0.02%	0.05%	0.02%
	UAL	A	0.06%	0.06%	0.06%
	UBER	D	0.05%	0.3%	0.05%
	UDR	B	0.04%	0.03%	0.03%
	UHS	D	0.05%	0.02%	0.02%
	ULTA	F	0.02%	0.04%	0.02%
	UNH	C	1.06%	1.11%	1.06%
	UNP	C	0.25%	0.29%	0.25%
	UPS	C	0.32%	0.2%	0.2%
	URI	B	0.11%	0.12%	0.11%
	USB	A	0.38%	0.16%	0.16%
	V	A	0.25%	1.04%	0.25%
	VICI	C	0.07%	0.07%	0.07%
	VLO	C	0.33%	0.09%	0.09%
	VLTO	D	0.02%	0.05%	0.02%
	VMC	B	0.04%	0.08%	0.04%
	VRSK	A	0.03%	0.08%	0.03%
	VRTX	F	0.09%	0.25%	0.09%
	VST	B	0.15%	0.1%	0.1%
	VTR	C	0.11%	0.05%	0.05%
	VTRS	A	0.09%	0.03%	0.03%
	VZ	C	1.19%	0.35%	0.35%
	WAB	B	0.06%	0.07%	0.06%
	WAT	B	0.02%	0.04%	0.02%
	WBA	F	0.11%	0.01%	0.01%
	WBD	C	0.16%	0.04%	0.04%
	WDC	D	0.1%	0.04%	0.04%
	WEC	A	0.11%	0.06%	0.06%
	WELL	A	0.16%	0.16%	0.16%
	WFC	A	1.29%	0.5%	0.5%
	WM	A	0.13%	0.16%	0.13%
	WMB	A	0.24%	0.14%	0.14%
	WMT	A	1.16%	0.74%	0.74%
	WRB	A	0.04%	0.04%	0.04%
	WST	C	0.01%	0.05%	0.01%
	WTW	B	0.07%	0.06%	0.06%
	WY	D	0.09%	0.05%	0.05%
	WYNN	D	0.01%	0.02%	0.01%
	XEL	A	0.15%	0.08%	0.08%
	XOM	B	2.24%	1.08%	1.08%
	XYL	D	0.03%	0.06%	0.03%
	YUM	B	0.05%	0.08%	0.05%
	ZBH	C	0.05%	0.04%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	D	0.06%	0.16%	0.06%

PRF Overweight 502 Positions Relative to PBP

	Symbol	Grade	Weight
	ZIM	C	0.13%
	LUMN	C	0.12%
	THC	D	0.12%
	USFD	A	0.09%
	AER	B	0.09%
	JXN	C	0.09%
	FLEX	A	0.08%
	PFGC	B	0.08%
	ALLY	C	0.08%
	ARW	D	0.08%
	MKL	A	0.08%
	UNM	A	0.08%
	LNC	B	0.07%
	FNF	B	0.07%
	LNG	B	0.07%
	VFC	C	0.07%
	JEF	A	0.07%
	SQ	B	0.07%
	ACI	C	0.07%
	AA	B	0.07%
	EQH	B	0.06%
	WCC	B	0.06%
	VNO	B	0.06%
	CMA	A	0.06%
	CRBG	B	0.06%
	ORI	A	0.06%
	LAD	A	0.06%
	RGA	A	0.06%
	WHR	B	0.06%
	FYBR	D	0.06%
	JLL	D	0.06%
	R	B	0.06%
	MRVL	B	0.06%
	UGI	A	0.05%
	DXC	B	0.05%
	HBI	B	0.05%
	APO	B	0.05%
	TWLO	A	0.05%
	ZION	B	0.05%
	ACM	A	0.05%
	X	C	0.05%
	RS	B	0.05%
	SFM	A	0.05%
	BAP	B	0.05%
	BJ	A	0.05%
	TOL	B	0.05%
	AN	C	0.05%
	OC	A	0.05%
	M	D	0.05%
	OMF	A	0.05%
	CNH	C	0.05%
	FHN	A	0.05%
	TDS	B	0.05%
	AFG	A	0.05%
	KD	B	0.05%
	AVT	C	0.04%
	SUI	D	0.04%
	WPC	D	0.04%
	DINO	D	0.04%
	GT	C	0.04%
	WBS	A	0.04%
	SSNC	B	0.04%
	PBF	D	0.04%
	UTHR	C	0.04%
	LEA	D	0.04%
	STWD	C	0.04%
	SNV	B	0.04%
	INGR	B	0.04%
	ABG	B	0.04%
	TMHC	B	0.04%
	SNX	C	0.04%
	CCK	C	0.04%
	NWL	B	0.04%
	KSS	F	0.04%
	FAF	A	0.04%
	CASY	A	0.04%
	SLG	B	0.04%
	OGE	B	0.04%
	BERY	B	0.04%
	CCEP	C	0.04%
	BFH	B	0.04%
	OVV	B	0.04%
	EWBC	A	0.04%
	EME	C	0.04%
	GPI	A	0.04%
	AR	B	0.04%
	MTZ	B	0.04%
	MPW	F	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%
	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%
	RIG	D	0.03%
	ALSN	B	0.03%
	BAH	F	0.03%
	CAR	C	0.03%
	GXO	B	0.03%
	ZM	B	0.03%
	WU	D	0.03%
	LAMR	D	0.03%
	CNO	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%
	FNB	A	0.03%
	BPOP	B	0.03%
	JWN	C	0.03%
	SANM	B	0.03%
	GLPI	C	0.03%
	CNX	A	0.03%
	TRU	D	0.03%
	COOP	B	0.03%
	CG	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%
	GPK	C	0.03%
	MTH	D	0.03%
	LPLA	A	0.03%
	WSO	A	0.03%
	CACI	D	0.03%
	BURL	A	0.03%
	ARMK	B	0.03%
	KNX	B	0.03%
	FCNCA	A	0.03%
	OGN	D	0.03%
	PENN	C	0.03%
	CSL	C	0.03%
	JHG	A	0.03%
	VOYA	B	0.03%
	WAL	B	0.03%
	AVTR	F	0.03%
	COHR	B	0.03%
	SPOT	B	0.03%
	DKS	C	0.03%
	RPM	A	0.03%
	MUSA	A	0.03%
	WSM	B	0.03%
	HOOD	B	0.03%
	DTM	B	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%
	APLE	B	0.02%
	CATY	B	0.02%
	RIVN	F	0.02%
	TTMI	B	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%
	AVA	A	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%
	LSTR	D	0.02%
	GMS	B	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%
	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%
	AGR	B	0.02%
	DY	D	0.02%
	DCI	B	0.02%
	VMI	B	0.02%
	PLXS	B	0.02%
	CHKP	D	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%
	FHB	A	0.02%
	ITT	A	0.02%
	AGO	B	0.02%
	MELI	D	0.02%
	UMBF	B	0.02%
	UNFI	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%
	NVT	B	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%
	VRT	B	0.02%
	OGS	A	0.02%
	MAT	D	0.02%
	SEE	C	0.02%
	CR	A	0.02%
	FL	F	0.02%
	ELS	C	0.02%
	LII	A	0.02%
	HOG	D	0.02%
	LITE	B	0.02%
	G	B	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%
	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%
	GBCI	B	0.02%
	XPO	B	0.02%
	PRGO	B	0.02%
	FLS	B	0.02%
	FBIN	D	0.02%
	RHI	B	0.02%
	KEX	C	0.02%
	PVH	C	0.02%
	AMG	B	0.02%
	RDN	C	0.02%
	MUR	D	0.02%
	SBRA	C	0.02%
	GME	C	0.02%
	HWC	B	0.02%
	IDA	A	0.02%
	BCC	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%
	BKH	A	0.02%
	KBH	D	0.02%
	CIEN	B	0.02%
	POR	C	0.02%
	AMH	D	0.02%
	ABM	B	0.02%
	HUN	F	0.02%
	ILMN	D	0.02%
	CADE	B	0.02%
	EHC	B	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%
	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%
	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%
	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%
	BMRN	D	0.01%
	ANDE	D	0.01%
	ENTG	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%
	FR	C	0.01%
	AEO	F	0.01%
	BYD	C	0.01%
	APAM	B	0.01%
	SAIA	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%
	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%
	UCB	A	0.01%
	CNM	D	0.01%
	SBH	C	0.01%
	ESI	A	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%
	VYX	B	0.01%
	GTLS	B	0.01%
	WERN	C	0.01%
	VNT	B	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%
	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%
	ESAB	B	0.01%
	UHAL	D	0.0%
	SEDG	F	0.0%
	LBRDA	C	0.0%
	PARR	D	0.0%

PRF Underweight 20 Positions Relative to PBP

	Symbol	Grade	Weight
	PANW	C	-0.26%
	PLTR	B	-0.24%
	CRWD	B	-0.16%
	FICO	B	-0.12%
	AXON	A	-0.09%
	KVUE	A	-0.09%
	DELL	C	-0.08%
	MPWR	F	-0.06%
	SW	A	-0.05%
	PODD	C	-0.04%
	ROL	B	-0.03%
	AMCR	D	-0.03%
	VRSN	F	-0.03%
	ENPH	F	-0.02%
	MKTX	D	-0.02%
	ERIE	D	-0.02%
	PAYC	B	-0.02%
	TECH	D	-0.02%
	NCLH	B	-0.02%
	DAY	B	-0.02%

PRF: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Software - Application Asset Management Oil & Gas E&P Business Services Specialty Retail REIT - Diversified Specialty Chemicals Semiconductors Diagnostics & Research Information Technology Services Packaged Foods Building Materials Credit Services Insurance - Property & Casualty Capital Markets Packaging & Containers REIT - Residential

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

PBP: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

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