PRF vs. SMLV ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to SPDR Russell 2000 Low Volatility (SMLV)

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

$38.91

Average Daily Volume

285,163

Number of Holdings ^*

978

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$121.41

Average Daily Volume

10,685

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

Performance

Period	PRF	SMLV
30 Days	3.87%	4.56%
60 Days	2.18%	11.61%
90 Days	3.13%	13.31%
12 Months	20.82%	22.08%

70 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in SMLV	Overlap
AAP	F	0.02%	0.03%	0.02%
ABM	C	0.02%	0.09%	0.02%
AMN	F	0.01%	0.06%	0.01%
APLE	F	0.01%	0.08%	0.01%
ARCH	F	0.01%	0.05%	0.01%
ASGN	D	0.02%	0.05%	0.02%
ASH	D	0.01%	0.11%	0.01%
AVT	C	0.04%	0.08%	0.04%
BKH	A	0.02%	0.22%	0.02%
CABO	F	0.01%	0.06%	0.01%
CBRL	F	0.01%	0.03%	0.01%
CNO	B	0.03%	1.11%	0.03%
CNXC	C	0.01%	0.07%	0.01%
CRC	D	0.01%	0.08%	0.01%
CRI	C	0.01%	0.07%	0.01%
CUZ	A	0.02%	0.1%	0.02%
DEI	B	0.02%	0.1%	0.02%
DK	F	0.02%	0.06%	0.02%
ENS	D	0.01%	0.08%	0.01%
ESGR	D	0.02%	1.23%	0.02%
FLO	A	0.02%	0.31%	0.02%
FUL	C	0.01%	0.07%	0.01%
FULT	C	0.02%	0.97%	0.02%
GATX	C	0.02%	0.12%	0.02%
GBCI	B	0.02%	0.89%	0.02%
GEF	D	0.01%	0.12%	0.01%
GHC	C	0.01%	0.1%	0.01%
GPI	B	0.04%	0.06%	0.04%
HCC	F	0.01%	0.1%	0.01%
HELE	D	0.0%	0.03%	0.0%
HIW	B	0.02%	0.11%	0.02%
HLF	F	0.02%	0.04%	0.02%
HOMB	B	0.02%	0.92%	0.02%
HUBG	B	0.02%	0.11%	0.02%
HUN	D	0.03%	0.06%	0.03%
IDA	A	0.02%	0.25%	0.02%
IRT	B	0.02%	0.11%	0.02%
JBGS	B	0.01%	0.09%	0.01%
LEG	D	0.02%	0.04%	0.02%
LXP	B	0.01%	0.15%	0.01%
NFG	B	0.02%	0.52%	0.02%
NOMD	A	0.02%	0.11%	0.02%
NVST	C	0.02%	0.05%	0.02%
NWE	A	0.02%	0.24%	0.02%
OGN	C	0.05%	0.05%	0.05%
ONB	C	0.02%	1.39%	0.02%
PCH	C	0.02%	0.09%	0.02%
PDCO	F	0.01%	0.05%	0.01%
PECO	A	0.01%	0.22%	0.01%
PINC	A	0.01%	0.11%	0.01%
PLXS	B	0.02%	0.12%	0.02%
PNM	A	0.02%	0.23%	0.02%
PRGO	C	0.02%	0.07%	0.02%
RDN	B	0.02%	0.96%	0.02%
RUSHA	C	0.01%	0.09%	0.01%
SANM	D	0.03%	0.07%	0.03%
SEM	D	0.02%	0.06%	0.02%
SFNC	B	0.01%	0.79%	0.01%
SLGN	B	0.02%	0.21%	0.02%
SPB	B	0.01%	0.05%	0.01%
SR	B	0.02%	0.21%	0.02%
SRCL	A	0.02%	0.1%	0.02%
TGNA	D	0.02%	0.11%	0.02%
THG	A	0.02%	1.64%	0.02%
TPH	B	0.03%	0.06%	0.03%
TTMI	D	0.01%	0.07%	0.01%
VMI	C	0.02%	0.11%	0.02%
VSH	F	0.01%	0.06%	0.01%
WERN	D	0.01%	0.14%	0.01%
WU	C	0.03%	0.9%	0.03%

PRF Overweight 908 Positions Relative to SMLV

Symbol	Grade	Weight
BRK.A	B	2.53%
AAPL	C	2.35%
XOM	C	2.23%
JPM	B	2.11%
MSFT	D	1.88%
AMZN	D	1.5%
BAC	D	1.28%
VZ	B	1.27%
T	A	1.15%
UNH	A	1.14%
WMT	A	1.12%
C	D	1.08%
WFC	D	1.08%
CVX	F	1.07%
JNJ	B	1.06%
GOOGL	D	0.97%
META	C	0.9%
PFE	D	0.89%
GOOG	D	0.83%
PG	A	0.79%
CMCSA	C	0.73%
GM	B	0.7%
HD	B	0.69%
PM	A	0.69%
ABBV	B	0.69%
GS	C	0.68%
CVS	F	0.6%
KO	B	0.57%
COST	B	0.57%
CSCO	B	0.57%
PEP	A	0.55%
MO	A	0.54%
IBM	A	0.54%
RTX	B	0.51%
MRK	D	0.51%
AVGO	D	0.48%
MS	C	0.46%
DUK	A	0.45%
MMM	B	0.44%
CI	B	0.44%
MCK	D	0.44%
COP	D	0.43%
NEE	A	0.43%
ELV	B	0.4%
F	D	0.4%
LMT	A	0.39%
MDT	A	0.39%
SO	A	0.39%
AMGN	C	0.38%
INTC	F	0.37%
BMY	B	0.37%
TXN	C	0.36%
MPC	D	0.36%
DIS	F	0.36%
USB	B	0.36%
VLO	D	0.35%
TFC	B	0.35%
PNC	B	0.34%
GILD	A	0.34%
COF	C	0.34%
LOW	B	0.33%
AIG	D	0.33%
QCOM	F	0.33%
UPS	F	0.33%
ABT	A	0.33%
CB	A	0.32%
FDX	D	0.32%
TGT	B	0.31%
PSX	D	0.31%
CAT	C	0.31%
LIN	B	0.31%
KR	C	0.3%
CAH	A	0.29%
MCD	A	0.29%
TMUS	B	0.29%
BLK	B	0.29%
MU	F	0.29%
HON	D	0.28%
MET	B	0.28%
CNC	D	0.28%
D	A	0.28%
UNP	B	0.28%
LLY	B	0.27%
AXP	B	0.27%
TSLA	D	0.27%
KMI	B	0.26%
ORCL	A	0.26%
PGR	A	0.26%
EOG	D	0.26%
ADM	D	0.26%
TMO	A	0.26%
ACN	A	0.25%
BK	B	0.25%
AEP	A	0.24%
V	A	0.24%
TRV	A	0.23%
DE	B	0.23%
PRU	C	0.23%
AFL	B	0.22%
MDLZ	A	0.22%
DOW	D	0.22%
CHTR	C	0.22%
GE	C	0.22%
ALL	B	0.21%
EXC	A	0.21%
NEM	B	0.21%
HUM	D	0.2%
WMB	B	0.2%
NVDA	D	0.2%
SRE	B	0.19%
HCA	B	0.19%
NOC	B	0.19%
AMT	A	0.19%
GD	B	0.19%
HPQ	D	0.19%
TJX	B	0.19%
CRM	D	0.19%
HPE	D	0.18%
ED	A	0.18%
NFLX	B	0.18%
SYF	C	0.18%
PLD	B	0.18%
PYPL	B	0.18%
SPGI	A	0.18%
ADI	C	0.18%
DHR	B	0.18%
TSN	A	0.17%
LYB	D	0.17%
MA	B	0.17%
SBUX	B	0.17%
DD	C	0.17%
GIS	A	0.16%
BBY	A	0.16%
WELL	A	0.16%
JCI	C	0.16%
KMB	A	0.16%
OKE	A	0.16%
AMD	F	0.16%
REGN	B	0.16%
DFS	C	0.16%
CL	A	0.16%
KHC	A	0.16%
MMC	A	0.15%
APD	B	0.15%
HIG	B	0.15%
CME	A	0.15%
FIS	A	0.15%
PEG	B	0.15%
CFG	B	0.15%
SYY	A	0.15%
STT	B	0.15%
SCHW	D	0.15%
ETN	D	0.15%
EIX	A	0.15%
IP	B	0.14%
NSC	B	0.14%
ADP	B	0.14%
NKE	C	0.14%
CCI	A	0.14%
BDX	D	0.14%
XEL	A	0.14%
PPL	A	0.14%
CSX	D	0.14%
BA	F	0.14%
FCX	D	0.14%
DHI	B	0.14%
OXY	F	0.14%
AMAT	F	0.13%
WBD	D	0.13%
THC	B	0.13%
ADBE	B	0.13%
ICE	A	0.13%
MTB	B	0.13%
ETR	A	0.13%
FITB	B	0.13%
SLB	F	0.13%
LEN	B	0.13%
CMI	B	0.13%
GLW	C	0.12%
BSX	A	0.12%
WBA	F	0.12%
VTR	A	0.12%
BIIB	D	0.12%
LHX	C	0.12%
PARA	F	0.12%
NUE	F	0.12%
ITW	C	0.12%
SPG	B	0.12%
PCG	A	0.12%
FE	A	0.12%
BG	D	0.12%
SYK	A	0.12%
EMR	D	0.12%
PCAR	D	0.12%
ES	A	0.12%
WM	D	0.12%
BX	B	0.11%
WDC	D	0.11%
DTE	B	0.11%
CARR	B	0.11%
KDP	A	0.11%
CEG	D	0.11%
O	A	0.11%
RF	B	0.11%
CBRE	B	0.11%
DVN	F	0.11%
DLR	D	0.11%
WEC	A	0.11%
CTVA	B	0.1%
IFF	A	0.1%
ALLY	C	0.1%
NRG	C	0.1%
BKR	D	0.1%
TEL	C	0.1%
CTSH	B	0.1%
PFG	D	0.1%
KEY	B	0.1%
HBAN	B	0.1%
KKR	B	0.1%
TROW	D	0.09%
NTRS	B	0.09%
VST	C	0.09%
AVB	B	0.09%
ACGL	B	0.09%
IRM	B	0.09%
INTU	D	0.09%
NXPI	D	0.09%
VRTX	D	0.09%
EQR	B	0.09%
KMX	C	0.09%
VTRS	C	0.09%
TT	B	0.09%
AER	C	0.09%
SHW	B	0.09%
WY	C	0.09%
AEE	A	0.09%
EBAY	A	0.09%
PH	B	0.09%
EQIX	B	0.09%
ARW	B	0.09%
URI	C	0.09%
ZIM	D	0.09%
EVRG	A	0.08%
PHM	B	0.08%
CINF	B	0.08%
CMS	A	0.08%
LUMN	B	0.08%
ECL	B	0.08%
PSA	A	0.08%
MRNA	F	0.08%
ACI	D	0.08%
MKL	C	0.08%
VICI	A	0.08%
LRCX	F	0.08%
FANG	D	0.08%
USFD	B	0.08%
JXN	C	0.08%
OMC	B	0.08%
AMP	B	0.08%
SWK	B	0.08%
BKNG	C	0.08%
TRGP	A	0.08%
GEHC	B	0.08%
K	A	0.08%
CAG	A	0.08%
GPN	C	0.07%
FLEX	C	0.07%
GPC	D	0.07%
ROP	C	0.07%
RSG	B	0.07%
ROST	B	0.07%
MSI	B	0.07%
UNM	B	0.07%
GEV	A	0.07%
AES	D	0.07%
FNF	B	0.07%
HAL	F	0.07%
AON	A	0.07%
PAYX	B	0.07%
PFGC	B	0.07%
IQV	B	0.07%
DGX	B	0.07%
CTRA	F	0.07%
WTW	A	0.07%
AZO	B	0.07%
STZ	B	0.07%
PPG	D	0.07%
ARE	D	0.07%
MRO	C	0.07%
CNP	D	0.07%
APH	D	0.07%
AJG	A	0.07%
STX	D	0.07%
FYBR	A	0.07%
ISRG	B	0.07%
TDG	B	0.07%
DOC	B	0.07%
CHRW	B	0.07%
PKG	B	0.06%
MOH	C	0.06%
WHR	D	0.06%
OTIS	D	0.06%
CRBG	C	0.06%
LNT	A	0.06%
CTAS	B	0.06%
CF	B	0.06%
SQ	D	0.06%
R	C	0.06%
JEF	B	0.06%
AA	F	0.06%
LDOS	B	0.06%
GRMN	B	0.06%
NTAP	D	0.06%
ORI	B	0.06%
ORLY	B	0.06%
MCHP	D	0.06%
NI	A	0.06%
UHS	B	0.06%
PNW	A	0.06%
DG	F	0.06%
LNG	B	0.06%
BXP	A	0.06%
RGA	B	0.06%
BAX	A	0.06%
MCO	B	0.06%
LNC	C	0.06%
KLAC	D	0.06%
STLD	D	0.06%
ZTS	A	0.06%
MHK	B	0.06%
VFC	B	0.06%
MOS	F	0.06%
AWK	A	0.06%
JLL	B	0.06%
L	B	0.06%
EMN	C	0.06%
SWN	F	0.05%
HAS	B	0.05%
JBL	F	0.05%
DRI	A	0.05%
ROK	D	0.05%
BERY	B	0.05%
LKQ	D	0.05%
DXC	A	0.05%
CCEP	A	0.05%
KSS	F	0.05%
TXT	D	0.05%
APA	F	0.05%
BAP	B	0.05%
NVR	B	0.05%
CMA	B	0.05%
LAD	C	0.05%
BJ	D	0.05%
KD	D	0.05%
TSCO	B	0.05%
LEA	F	0.05%
GWW	C	0.05%
MAR	D	0.05%
TAP	C	0.05%
TOL	B	0.05%
PWR	C	0.05%
OMF	D	0.05%
CLX	A	0.05%
VNO	B	0.05%
MKC	A	0.05%
UBER	B	0.05%
CDW	D	0.05%
DOV	C	0.05%
KIM	A	0.05%
IPG	B	0.05%
FOXA	B	0.05%
ESS	B	0.05%
EQH	C	0.05%
FAST	D	0.05%
ZBH	D	0.05%
BWA	D	0.05%
BALL	A	0.05%
UGI	C	0.05%
RJF	D	0.05%
CCL	D	0.05%
HSY	A	0.05%
HES	F	0.05%
EG	B	0.05%
MPW	C	0.05%
CNH	C	0.05%
SJM	A	0.05%
M	F	0.05%
INVH	B	0.05%
MRVL	D	0.05%
APTV	D	0.05%
AN	C	0.05%
WAB	B	0.05%
IVZ	C	0.05%
MAA	B	0.05%
YUM	B	0.05%
AFG	A	0.05%
SOLV	B	0.05%
BLDR	C	0.05%
ATO	A	0.05%
EQT	D	0.05%
NWL	A	0.04%
EL	F	0.04%
MTZ	C	0.04%
HII	B	0.04%
AVY	B	0.04%
EWBC	C	0.04%
RCL	C	0.04%
HSIC	C	0.04%
ABG	D	0.04%
UTHR	B	0.04%
HRL	A	0.04%
WSM	D	0.04%
INGR	A	0.04%
EFX	B	0.04%
CHD	A	0.04%
SNA	D	0.04%
CE	F	0.04%
SLG	B	0.04%
HST	D	0.04%
SFM	B	0.04%
CASY	C	0.04%
TMHC	B	0.04%
AR	F	0.04%
TDY	B	0.04%
SSNC	B	0.04%
MLM	D	0.04%
RMD	A	0.04%
DVA	B	0.04%
TTWO	B	0.04%
VMC	D	0.04%
FMC	C	0.04%
ZION	C	0.04%
UDR	B	0.04%
DKS	C	0.04%
CPT	B	0.04%
HBI	B	0.04%
DLTR	F	0.04%
AIZ	B	0.04%
REG	A	0.04%
HWM	B	0.04%
STWD	C	0.04%
CPB	A	0.04%
WRB	B	0.04%
HOLX	A	0.04%
PBF	F	0.04%
AME	D	0.04%
X	F	0.04%
SUI	A	0.04%
OVV	F	0.04%
CHK	F	0.04%
SNX	D	0.04%
AVTR	B	0.04%
ICLR	D	0.04%
MGM	F	0.04%
CCK	A	0.04%
OGE	B	0.04%
WPC	A	0.04%
A	B	0.04%
EA	C	0.04%
EXR	B	0.04%
DINO	F	0.04%
J	C	0.04%
FAF	A	0.04%
ON	D	0.04%
OC	D	0.04%
WCC	D	0.04%
TDS	B	0.04%
EXPD	D	0.04%
FHN	C	0.04%
SWKS	D	0.04%
ACM	B	0.04%
RS	D	0.04%
ODFL	D	0.03%
CSGP	C	0.03%
VLTO	B	0.03%
FL	D	0.03%
OSK	D	0.03%
TER	D	0.03%
FOX	B	0.03%
AMH	A	0.03%
PK	D	0.03%
COHR	C	0.03%
POR	B	0.03%
SCI	B	0.03%
GL	B	0.03%
SON	A	0.03%
RIG	F	0.03%
NXST	D	0.03%
DOX	C	0.03%
FRT	A	0.03%
SKX	B	0.03%
DAR	D	0.03%
AL	D	0.03%
BRO	A	0.03%
JBHT	C	0.03%
OLN	F	0.03%
SF	C	0.03%
VRSK	C	0.03%
AGCO	F	0.03%
FNB	C	0.03%
RRX	D	0.03%
TPR	B	0.03%
HUBB	C	0.03%
AKAM	D	0.03%
ALV	D	0.03%
AGNC	A	0.03%
JHG	B	0.03%
DTM	B	0.03%
FLR	C	0.03%
PB	B	0.03%
HRB	B	0.03%
ALB	F	0.03%
GAP	F	0.03%
CPNG	B	0.03%
CPRT	D	0.03%
WSO	D	0.03%
SNPS	D	0.03%
ELAN	B	0.03%
NWSA	C	0.03%
CLF	F	0.03%
QRVO	D	0.03%
LAMR	B	0.03%
WTRG	D	0.03%
BAH	B	0.03%
MNST	D	0.03%
WBS	D	0.03%
CTLT	A	0.03%
LVS	D	0.03%
COOP	B	0.03%
AXS	B	0.03%
THO	C	0.03%
ANET	D	0.03%
TRU	B	0.03%
CMG	D	0.03%
HLT	C	0.03%
KEYS	C	0.03%
VOYA	B	0.03%
RPM	A	0.03%
WAL	B	0.03%
BRX	A	0.03%
JWN	A	0.03%
IR	D	0.03%
TWLO	D	0.03%
EXPE	C	0.03%
CSL	C	0.03%
XYL	D	0.03%
CZR	D	0.03%
DAL	D	0.03%
NOW	B	0.03%
FCNCA	C	0.03%
PENN	F	0.03%
UAL	C	0.03%
MAN	D	0.03%
CPAY	B	0.03%
ARMK	A	0.03%
BPOP	B	0.03%
STE	A	0.03%
KNX	D	0.03%
SNV	C	0.03%
OHI	A	0.03%
EW	F	0.03%
BR	C	0.03%
ZBRA	C	0.03%
APO	D	0.03%
FTV	D	0.03%
EME	C	0.03%
CACI	B	0.03%
GLPI	A	0.03%
BURL	B	0.03%
GPK	B	0.03%
GT	F	0.03%
MAS	B	0.03%
FSLR	C	0.03%
MTH	B	0.03%
JNPR	A	0.03%
NDAQ	A	0.03%
BEN	F	0.03%
MUSA	B	0.03%
OUT	B	0.02%
AYI	C	0.02%
WDAY	C	0.02%
THS	A	0.02%
LYV	D	0.02%
RXO	D	0.02%
FCN	C	0.02%
CIVI	F	0.02%
WLK	D	0.02%
COIN	F	0.02%
CSTM	D	0.02%
MMS	C	0.02%
VSCO	A	0.02%
SMG	C	0.02%
RL	A	0.02%
COLB	B	0.02%
EXEL	B	0.02%
BTU	D	0.02%
GEO	D	0.02%
BCO	B	0.02%
STAG	B	0.02%
ABCB	B	0.02%
UMBF	B	0.02%
MTN	C	0.02%
POOL	C	0.02%
BMRN	D	0.02%
BLD	D	0.02%
IAC	C	0.02%
JKHY	B	0.02%
DECK	C	0.02%
TTC	D	0.02%
NDSN	C	0.02%
ALGN	F	0.02%
TKR	D	0.02%
TCBI	A	0.02%
CPRI	C	0.02%
AOS	D	0.02%
CW	B	0.02%
CBT	B	0.02%
AGO	D	0.02%
TRN	C	0.02%
WAT	B	0.02%
LULU	F	0.02%
ITT	C	0.02%
FHB	C	0.02%
ALLE	B	0.02%
CHRD	F	0.02%
NVT	F	0.02%
KRG	B	0.02%
CRL	F	0.02%
LSTR	D	0.02%
ACHC	B	0.02%
NJR	A	0.02%
OI	C	0.02%
DPZ	D	0.02%
CC	F	0.02%
DCI	C	0.02%
MKSI	F	0.02%
XPO	D	0.02%
LUV	A	0.02%
SLVM	B	0.02%
DY	D	0.02%
XRX	D	0.02%
ADC	A	0.02%
ADSK	B	0.02%
ALE	A	0.02%
TNL	D	0.02%
TYL	A	0.02%
GDDY	C	0.02%
AVA	B	0.02%
CR	C	0.02%
PRI	B	0.02%
AVNT	B	0.02%
EPR	B	0.02%
ADNT	F	0.02%
FLS	C	0.02%
G	B	0.02%
PAG	C	0.02%
REXR	B	0.02%
ATR	A	0.02%
AGR	B	0.02%
PHIN	B	0.02%
JAZZ	D	0.02%
INCY	C	0.02%
GME	C	0.02%
NAVI	C	0.02%
MLI	B	0.02%
LBRDK	C	0.02%
LII	C	0.02%
RHI	D	0.02%
KMPR	C	0.02%
CDNS	D	0.02%
CIEN	B	0.02%
HE	F	0.02%
FFIV	B	0.02%
BC	D	0.02%
MIDD	D	0.02%
SM	D	0.02%
SCCO	D	0.02%
LNW	B	0.02%
ESNT	B	0.02%
DASH	B	0.02%
OGS	B	0.02%
RPRX	B	0.02%
SLM	D	0.02%
OZK	D	0.02%
UFPI	D	0.02%
ASB	C	0.02%
MAC	B	0.02%
CBSH	B	0.02%
MHO	B	0.02%
CAR	F	0.02%
TFX	A	0.02%
BKU	B	0.02%
SEE	D	0.02%
UHAL	B	0.02%
SAIC	B	0.02%
IEX	D	0.02%
CHKP	B	0.02%
IT	B	0.02%
EVR	B	0.02%
CADE	C	0.02%
MTD	C	0.02%
KEX	D	0.02%
MAT	C	0.02%
MELI	B	0.02%
HWC	C	0.02%
ST	D	0.02%
LPX	B	0.02%
AMG	C	0.02%
CFR	C	0.02%
KBR	C	0.02%
BCC	C	0.02%
RIVN	F	0.02%
ELS	A	0.02%
ALSN	B	0.02%
HOOD	D	0.02%
PVH	F	0.02%
ANSS	D	0.02%
MSCI	B	0.02%
CNX	B	0.02%
CWK	B	0.02%
SBRA	A	0.02%
UBSI	B	0.02%
ILMN	B	0.02%
NOV	F	0.02%
WTFC	B	0.02%
RNR	A	0.02%
BXMT	C	0.02%
TRMB	D	0.02%
PII	D	0.02%
CBOE	A	0.02%
GNRC	C	0.02%
SBAC	A	0.02%
LPLA	D	0.02%
EHC	B	0.02%
FTI	D	0.02%
SSB	B	0.02%
COLD	B	0.02%
NSIT	C	0.02%
CG	D	0.02%
CMC	D	0.02%
VLY	C	0.02%
GXO	D	0.02%
CUBE	A	0.02%
RUN	B	0.02%
MTG	B	0.02%
LSXMK	C	0.02%
CLH	C	0.02%
POST	B	0.02%
PNFP	B	0.02%
BBWI	F	0.02%
ZM	B	0.02%
ULTA	D	0.02%
BHF	D	0.02%
AXTA	C	0.02%
SPOT	C	0.02%
BIO	A	0.02%
SWX	D	0.02%
HOG	B	0.02%
KRC	B	0.02%
MUR	F	0.02%
MDU	D	0.02%
GNW	B	0.02%
KBH	B	0.02%
PNR	B	0.02%
NNN	A	0.02%
BECN	D	0.02%
ZG	B	0.01%
SMCI	F	0.01%
PARR	F	0.01%
HEI	B	0.01%
LEN	B	0.01%
NUS	F	0.01%
AMR	F	0.01%
SNOW	F	0.01%
DXCM	F	0.01%
GTN	F	0.01%
ARCB	F	0.01%
UAA	B	0.01%
WSC	D	0.01%
OPEN	D	0.01%
XP	C	0.01%
UA	B	0.01%
HEI	B	0.01%
BXC	F	0.01%
JELD	F	0.01%
HTZ	F	0.01%
NWS	C	0.01%
CLVT	C	0.01%
ODP	F	0.01%
LGIH	C	0.01%
ATKR	F	0.01%
STNE	F	0.01%
RLJ	F	0.01%
VSTS	C	0.01%
IGT	C	0.01%
BGS	C	0.01%
GTLS	F	0.01%
SAIA	D	0.01%
DIOD	F	0.01%
SITE	C	0.01%
URBN	D	0.01%
OPCH	A	0.01%
DRH	D	0.01%
TROX	F	0.01%
BYD	B	0.01%
APAM	D	0.01%
MLKN	D	0.01%
UNIT	A	0.01%
ENOV	D	0.01%
AXL	F	0.01%
NSP	F	0.01%
EGP	B	0.01%
CGNX	D	0.01%
AMKR	F	0.01%
LECO	F	0.01%
WH	A	0.01%
KMT	D	0.01%
CXW	D	0.01%
UVV	B	0.01%
ABNB	F	0.01%
HPP	D	0.01%
PTC	D	0.01%
RRC	F	0.01%
TEX	D	0.01%
ESAB	D	0.01%
EPAM	C	0.01%
HRI	D	0.01%
TPX	D	0.01%
W	F	0.01%
ABR	B	0.01%
FTNT	B	0.01%
PMT	C	0.01%
ARI	C	0.01%
BWXT	C	0.01%
RH	F	0.01%
KNF	C	0.01%
AIT	C	0.01%
RYN	B	0.01%
PPBI	C	0.01%
SEIC	D	0.01%
ANDE	D	0.01%
Z	B	0.01%
EEFT	D	0.01%
UCBI	B	0.01%
MTDR	F	0.01%
LFUS	C	0.01%
OKTA	F	0.01%
CCS	B	0.01%
ESI	D	0.01%
VNT	F	0.01%
SBH	B	0.01%
WEX	C	0.01%
RLI	B	0.01%
BOKF	B	0.01%
VRT	F	0.01%
FIBK	B	0.01%
ENTG	D	0.01%
ASO	C	0.01%
FND	C	0.01%
WYNN	D	0.01%
AAL	C	0.01%
VSAT	D	0.01%
SIGI	D	0.01%
INDB	B	0.01%
LW	D	0.01%
OMI	C	0.01%
CNM	F	0.01%
ALIT	D	0.01%
PFSI	A	0.01%
AUB	B	0.01%
GRAB	D	0.01%
ARES	C	0.01%
MC	B	0.01%
FR	B	0.01%
SOFI	D	0.01%
FFBC	B	0.01%
AM	C	0.01%
LCII	B	0.01%
CATY	B	0.01%
WST	D	0.01%
LITE	C	0.01%
IDXX	D	0.01%
AEO	D	0.01%
VAC	F	0.01%
FDS	C	0.01%
SIG	F	0.01%
XRAY	D	0.01%
REZI	D	0.01%
BDN	B	0.01%
GNTX	D	0.01%
APG	D	0.01%
ATI	C	0.01%
DAN	F	0.01%
TXRH	D	0.01%
WWD	D	0.01%
MSM	D	0.01%
GMS	D	0.01%
HP	F	0.01%
UNFI	A	0.01%
GGG	D	0.01%
MTCH	B	0.01%
VEEV	A	0.01%
RGLD	C	0.01%
BIG	F	0.0%
UHAL	B	0.0%
SEDG	F	0.0%
LBRDA	C	0.0%
FIVE	F	0.0%

PRF Underweight 334 Positions Relative to SMLV

Symbol	Grade	Weight
NNI	B	-1.75%
CBU	B	-1.61%
PJT	C	-1.54%
VIRT	A	-1.48%
NBTB	B	-1.43%
PRK	B	-1.37%
CHCO	B	-1.24%
NWBI	B	-1.19%
FFIN	B	-1.14%
TOWN	B	-1.14%
NBHC	B	-1.12%
HMN	B	-1.06%
BUSE	B	-1.06%
IBOC	C	-1.03%
GCMG	B	-1.03%
EFSC	B	-1.02%
FCF	B	-1.01%
WAFD	B	-1.0%
SASR	B	-1.0%
SYBT	B	-0.99%
STBA	B	-0.99%
MGRC	D	-0.98%
WABC	C	-0.94%
TRMK	B	-0.94%
NIC	B	-0.92%
QCRH	B	-0.89%
EIG	B	-0.88%
SAFT	B	-0.88%
WSBC	B	-0.86%
LKFN	B	-0.83%
AGM	D	-0.83%
BLX	A	-0.82%
GABC	B	-0.8%
SRCE	C	-0.76%
PEBO	C	-0.75%
EQC	A	-0.72%
EVTC	D	-0.7%
SBSI	B	-0.7%
FBMS	B	-0.68%
AMSF	B	-0.67%
OBK	C	-0.67%
BRKL	B	-0.63%
CTBI	B	-0.62%
PAX	F	-0.61%
UVSP	B	-0.59%
FMBH	B	-0.59%
BFC	C	-0.58%
BHRB	B	-0.58%
HFWA	B	-0.56%
TMP	B	-0.56%
CFFN	C	-0.53%
FCBC	B	-0.49%
TRST	B	-0.45%
TRIN	D	-0.44%
FMNB	B	-0.39%
MCBS	B	-0.39%
CAC	B	-0.39%
HTBI	B	-0.37%
GSBC	C	-0.37%
THFF	B	-0.36%
HONE	B	-0.36%
CCNE	B	-0.35%
AROW	B	-0.35%
BHB	B	-0.34%
NFBK	B	-0.33%
CCBG	B	-0.32%
MPB	B	-0.31%
DHIL	B	-0.31%
ESQ	B	-0.3%
EBF	B	-0.3%
BSRR	B	-0.29%
SPFI	B	-0.29%
ALRS	B	-0.29%
SMBK	B	-0.29%
HIFS	B	-0.28%
KRNY	D	-0.27%
GLRE	B	-0.26%
FBIZ	B	-0.25%
ORRF	B	-0.25%
FMAO	B	-0.24%
NHC	B	-0.24%
ACNB	B	-0.24%
FSBC	B	-0.23%
HBCP	C	-0.22%
ARTNA	D	-0.22%
PFIS	C	-0.22%
EBTC	B	-0.21%
WTBA	C	-0.21%
CZNC	C	-0.21%
MGEE	B	-0.21%
SBR	D	-0.21%
BWB	B	-0.21%
CPK	A	-0.21%
AGX	A	-0.2%
NWN	B	-0.2%
GNTY	B	-0.2%
FSBW	B	-0.2%
GTY	B	-0.19%
FLIC	A	-0.19%
WSBF	B	-0.18%
DEA	A	-0.18%
VLGEA	B	-0.18%
NPK	D	-0.18%
FNLC	B	-0.18%
SXT	C	-0.17%
TRC	D	-0.17%
OKLO	F	-0.17%
FRST	D	-0.17%
PSTL	B	-0.17%
CTO	A	-0.16%
JJSF	C	-0.16%
CSWI	C	-0.16%
CBNK	B	-0.16%
BNL	B	-0.15%
CSR	B	-0.15%
PBH	A	-0.15%
BRC	B	-0.15%
ICFI	B	-0.15%
HTLD	D	-0.15%
HSTM	C	-0.14%
FCPT	A	-0.14%
NHI	A	-0.14%
LTC	A	-0.14%
FELE	D	-0.14%
TRS	D	-0.14%
CMPO	A	-0.14%
EXPO	B	-0.14%
GPOR	D	-0.14%
COLM	B	-0.13%
HWKN	B	-0.13%
GENC	D	-0.13%
UHT	A	-0.13%
BMI	C	-0.13%
CALM	B	-0.13%
UFPT	B	-0.13%
ARKO	D	-0.13%
UNF	C	-0.13%
CVLT	B	-0.13%
UTMD	F	-0.13%
NTST	A	-0.13%
HNI	B	-0.12%
CSGS	C	-0.12%
MRTN	D	-0.12%
AFCG	C	-0.12%
JBSS	D	-0.12%
KREF	A	-0.12%
SCL	D	-0.12%
SMP	C	-0.12%
CBZ	D	-0.12%
PKE	D	-0.12%
BCAL	C	-0.12%
CTRE	A	-0.12%
GOOD	A	-0.12%
SNDR	B	-0.12%
ESE	C	-0.11%
BHE	C	-0.11%
INVA	B	-0.11%
HCKT	B	-0.11%
ADUS	B	-0.11%
FTDR	B	-0.11%
PRGS	B	-0.11%
GRC	D	-0.11%
OSIS	C	-0.11%
MWA	C	-0.11%
KW	B	-0.11%
ADMA	B	-0.11%
FSS	D	-0.11%
ACA	D	-0.11%
AHH	B	-0.1%
ROAD	C	-0.1%
ACIW	B	-0.1%
AROC	D	-0.1%
ICUI	B	-0.1%
CASS	D	-0.1%
MSGS	B	-0.1%
LMAT	B	-0.1%
DORM	B	-0.1%
BFS	B	-0.1%
WDFC	A	-0.1%
RGP	F	-0.1%
NTCT	C	-0.1%
LNN	D	-0.1%
MLR	C	-0.1%
ALG	D	-0.09%
PAHC	B	-0.09%
WINA	D	-0.09%
PLOW	B	-0.09%
RDWR	B	-0.09%
HSII	B	-0.09%
BLKB	B	-0.09%
CCOI	A	-0.09%
GMRE	D	-0.09%
RNGR	B	-0.09%
TRNS	D	-0.09%
CHCT	F	-0.09%
INSM	C	-0.09%
DNB	B	-0.09%
MOG.A	C	-0.09%
WEN	C	-0.09%
ITGR	A	-0.08%
MRCY	B	-0.08%
SUPN	B	-0.08%
FPI	D	-0.08%
HURN	C	-0.08%
KAI	D	-0.08%
SQSP	A	-0.08%
ATNI	C	-0.08%
PBT	D	-0.08%
BBSI	C	-0.08%
SXC	F	-0.08%
NCNO	D	-0.08%
IOSP	D	-0.08%
MTX	D	-0.08%
SXI	C	-0.08%
LOPE	D	-0.08%
LZB	C	-0.08%
RLGT	B	-0.08%
LILAK	D	-0.08%
VAL	F	-0.08%
TNC	D	-0.08%
KFRC	D	-0.08%
OMCL	A	-0.08%
PSMT	B	-0.08%
ITRN	B	-0.07%
ENV	B	-0.07%
SPOK	D	-0.07%
LAUR	C	-0.07%
CENT	D	-0.07%
AMSWA	B	-0.07%
CACC	F	-0.07%
SHOO	C	-0.07%
CTS	D	-0.07%
SFL	D	-0.07%
CNNE	D	-0.07%
FORR	D	-0.07%
KN	D	-0.07%
DRQ	F	-0.07%
AVNS	B	-0.07%
BOX	A	-0.07%
APOG	C	-0.07%
PRDO	D	-0.07%
SPNS	D	-0.07%
WEYS	B	-0.07%
PLUS	B	-0.07%
GLDD	C	-0.07%
RGR	F	-0.07%
MGIC	D	-0.07%
EPAC	C	-0.07%
PRIM	C	-0.07%
AZZ	C	-0.07%
AMED	B	-0.06%
CORT	B	-0.06%
ETH	F	-0.06%
MATW	F	-0.06%
NVEC	D	-0.06%
MEI	F	-0.06%
MNRO	D	-0.06%
IBEX	B	-0.06%
JOUT	F	-0.06%
OFIX	B	-0.06%
SCSC	C	-0.06%
STRA	D	-0.06%
CVCO	B	-0.06%
VIAV	C	-0.06%
JBT	F	-0.06%
SATS	A	-0.06%
VPG	F	-0.06%
CSV	B	-0.06%
MMSI	A	-0.06%
AIN	D	-0.06%
MLAB	B	-0.06%
GPRK	F	-0.06%
SCHL	D	-0.05%
ANIK	D	-0.05%
USNA	F	-0.05%
MTRN	D	-0.05%
BL	D	-0.05%
CNMD	C	-0.05%
PZZA	C	-0.05%
FORM	F	-0.05%
SRDX	D	-0.05%
NATR	F	-0.05%
WK	D	-0.05%
JBI	F	-0.05%
SHEN	F	-0.05%
AMPH	C	-0.05%
RDNT	B	-0.05%
LIVN	D	-0.05%
AEIS	D	-0.05%
CEVA	B	-0.05%
POWI	F	-0.05%
ZD	F	-0.05%
VRNT	F	-0.05%
GKOS	B	-0.05%
KIDS	B	-0.05%
IRMD	C	-0.05%
IRDM	D	-0.05%
ECVT	F	-0.05%
AGIO	C	-0.05%
HAE	F	-0.05%
FSTR	F	-0.05%
ATEX	C	-0.05%
ATEN	D	-0.05%
ALKS	B	-0.05%
CMCO	F	-0.05%
XNCR	F	-0.04%
ZIP	C	-0.04%
IPGP	F	-0.04%
HI	F	-0.04%
ARCO	F	-0.04%
PTCT	C	-0.04%
RARE	B	-0.04%
ALRM	F	-0.04%
OXM	F	-0.04%
NRC	F	-0.04%
MYRG	F	-0.04%
IART	F	-0.04%
USPH	D	-0.04%
NARI	D	-0.04%
ANIP	D	-0.04%
TTGT	F	-0.04%
VECO	F	-0.04%
HRMY	B	-0.04%
BOWL	D	-0.04%
THRM	D	-0.04%
NEOG	D	-0.04%
TBPH	F	-0.03%
ATRC	C	-0.03%
PCRX	F	-0.03%
VREX	F	-0.03%
IRWD	F	-0.03%
IMTX	C	-0.03%
ACAD	F	-0.02%
AZTA	F	-0.02%