PRF vs. VYM ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Vanguard High Dividend Yield ETF - DNQ (VYM)

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

$42.05

Average Daily Volume

216,378

Number of Holdings ^*

981

* may have additional holdings in another (foreign) market

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$131.70

Average Daily Volume

762,717

Number of Holdings ^*

530

* may have additional holdings in another (foreign) market

Performance

Period	PRF	VYM
30 Days	2.09%	0.68%
60 Days	6.17%	5.33%
90 Days	8.05%	7.65%
12 Months	30.83%	30.06%

401 Overlapping Holdings

	Symbol	Grade	Weight in PRF	Weight in VYM	Overlap
	AAP	D	0.02%	0.01%	0.01%
	ABBV	D	0.67%	1.97%	0.67%
	ABM	B	0.02%	0.02%	0.02%
	ABT	C	0.32%	1.11%	0.32%
	ACI	C	0.08%	0.04%	0.04%
	ADI	F	0.18%	0.64%	0.18%
	ADM	F	0.21%	0.16%	0.16%
	ADP	A	0.14%	0.64%	0.14%
	AEE	A	0.09%	0.13%	0.09%
	AEP	D	0.21%	0.31%	0.21%
	AES	F	0.05%	0.08%	0.05%
	AFG	A	0.05%	0.05%	0.05%
	AFL	C	0.2%	0.35%	0.2%
	AGCO	F	0.03%	0.03%	0.03%
	AGO	B	0.02%	0.02%	0.02%
	AGR	C	0.02%	0.01%	0.01%
	AIG	B	0.31%	0.27%	0.27%
	AIZ	A	0.04%	0.06%	0.04%
	AL	B	0.03%	0.03%	0.03%
	ALE	A	0.02%	0.02%	0.02%
	ALL	A	0.2%	0.28%	0.2%
	ALLY	C	0.08%	0.06%	0.06%
	ALV	C	0.03%	0.04%	0.03%
	AM	B	0.01%	0.03%	0.01%
	AMGN	F	0.35%	0.97%	0.35%
	AMP	A	0.1%	0.27%	0.1%
	APA	F	0.04%	0.05%	0.04%
	APAM	B	0.01%	0.02%	0.01%
	APD	B	0.16%	0.37%	0.16%
	APO	B	0.04%	0.37%	0.04%
	ARCH	B	0.01%	0.01%	0.01%
	ARES	B	0.02%	0.16%	0.02%
	ASB	B	0.02%	0.02%	0.02%
	ATO	A	0.06%	0.12%	0.06%
	AUB	B	0.01%	0.02%	0.01%
	AVA	C	0.02%	0.02%	0.02%
	AVGO	C	0.54%	4.42%	0.54%
	AVNT	B	0.02%	0.03%	0.02%
	AVT	C	0.04%	0.03%	0.03%
	AWK	D	0.05%	0.16%	0.05%
	AXS	A	0.03%	0.03%	0.03%
	BAC	A	1.34%	1.52%	1.34%
	BAP	B	0.05%	0.07%	0.05%
	BAX	F	0.06%	0.11%	0.06%
	BBWI	C	0.02%	0.04%	0.02%
	BBY	D	0.13%	0.13%	0.13%
	BC	C	0.02%	0.03%	0.02%
	BEN	C	0.04%	0.03%	0.03%
	BERY	C	0.04%	0.04%	0.04%
	BFH	B	0.05%	0.01%	0.01%
	BG	D	0.1%	0.08%	0.08%
	BK	B	0.27%	0.3%	0.27%
	BKH	B	0.02%	0.02%	0.02%
	BKR	B	0.12%	0.2%	0.12%
	BKU	B	0.02%	0.02%	0.02%
	BMY	B	0.39%	0.59%	0.39%
	BOKF	B	0.01%	0.01%	0.01%
	BPOP	C	0.03%	0.04%	0.03%
	BTU	B	0.02%	0.02%	0.02%
	BX	A	0.13%	0.61%	0.13%
	C	A	1.14%	0.68%	0.68%
	CABO	B	0.01%	0.01%	0.01%
	CADE	B	0.02%	0.03%	0.02%
	CAG	F	0.07%	0.09%	0.07%
	CAH	A	0.28%	0.15%	0.15%
	CAT	C	0.35%	1.08%	0.35%
	CATY	B	0.02%	0.02%	0.02%
	CB	C	0.29%	0.66%	0.29%
	CBRL	C	0.01%	0.01%	0.01%
	CBSH	A	0.02%	0.04%	0.02%
	CBT	C	0.02%	0.03%	0.02%
	CC	C	0.02%	0.02%	0.02%
	CCEP	C	0.04%	0.09%	0.04%
	CE	F	0.03%	0.07%	0.03%
	CF	B	0.06%	0.09%	0.06%
	CFG	B	0.16%	0.1%	0.1%
	CFR	B	0.02%	0.04%	0.02%
	CG	C	0.03%	0.05%	0.03%
	CHRD	F	0.02%	0.05%	0.02%
	CHRW	A	0.07%	0.07%	0.07%
	CI	D	0.36%	0.54%	0.36%
	CINF	A	0.08%	0.12%	0.08%
	CIVI	F	0.01%	0.03%	0.01%
	CL	F	0.13%	0.48%	0.13%
	CLX	A	0.05%	0.09%	0.05%
	CMA	A	0.06%	0.04%	0.04%
	CMCSA	B	0.79%	0.9%	0.79%
	CME	A	0.14%	0.45%	0.14%
	CMI	A	0.15%	0.25%	0.15%
	CMS	C	0.07%	0.12%	0.07%
	CNH	D	0.06%	0.05%	0.05%
	CNO	B	0.03%	0.02%	0.02%
	CNP	B	0.07%	0.11%	0.07%
	COLB	B	0.02%	0.03%	0.02%
	COP	C	0.42%	0.7%	0.42%
	CPB	F	0.03%	0.05%	0.03%
	CRBG	C	0.06%	0.04%	0.04%
	CRC	B	0.01%	0.02%	0.01%
	CRI	D	0.01%	0.01%	0.01%
	CSCO	A	0.64%	1.22%	0.64%
	CTRA	B	0.07%	0.1%	0.07%
	CVS	F	0.55%	0.45%	0.45%
	CVX	B	1.12%	1.39%	1.12%
	D	D	0.26%	0.27%	0.26%
	DAN	D	0.01%	0.01%	0.01%
	DD	D	0.17%	0.21%	0.17%
	DFS	B	0.2%	0.2%	0.2%
	DGX	A	0.07%	0.1%	0.07%
	DINO	D	0.04%	0.04%	0.04%
	DK	D	0.01%	0.01%	0.01%
	DKS	F	0.03%	0.07%	0.03%
	DOW	F	0.2%	0.22%	0.2%
	DOX	C	0.03%	0.06%	0.03%
	DRI	B	0.05%	0.11%	0.05%
	DTE	D	0.1%	0.15%	0.1%
	DTM	B	0.03%	0.04%	0.03%
	DUK	D	0.4%	0.5%	0.4%
	DVN	F	0.1%	0.14%	0.1%
	EBAY	C	0.09%	0.19%	0.09%
	ED	D	0.15%	0.2%	0.15%
	EG	D	0.05%	0.1%	0.05%
	EIX	C	0.14%	0.19%	0.14%
	EL	F	0.02%	0.13%	0.02%
	EMN	D	0.06%	0.07%	0.06%
	EMR	A	0.15%	0.35%	0.15%
	EOG	A	0.25%	0.4%	0.25%
	EQH	B	0.06%	0.08%	0.06%
	EQT	B	0.06%	0.12%	0.06%
	ES	D	0.1%	0.13%	0.1%
	ESNT	D	0.02%	0.04%	0.02%
	ETN	A	0.18%	0.75%	0.18%
	ETR	B	0.15%	0.16%	0.15%
	EVR	B	0.03%	0.05%	0.03%
	EVRG	A	0.07%	0.08%	0.07%
	EWBC	B	0.04%	0.06%	0.04%
	EXC	C	0.2%	0.23%	0.2%
	F	C	0.38%	0.23%	0.23%
	FAF	C	0.04%	0.04%	0.04%
	FANG	D	0.08%	0.18%	0.08%
	FAST	A	0.06%	0.23%	0.06%
	FDX	B	0.3%	0.35%	0.3%
	FE	D	0.1%	0.14%	0.1%
	FFBC	B	0.01%	0.01%	0.01%
	FHB	B	0.02%	0.02%	0.02%
	FHN	A	0.05%	0.05%	0.05%
	FIBK	B	0.01%	0.01%	0.01%
	FIS	B	0.15%	0.27%	0.15%
	FITB	A	0.14%	0.16%	0.14%
	FLO	F	0.02%	0.02%	0.02%
	FLS	B	0.02%	0.04%	0.02%
	FMC	F	0.04%	0.05%	0.04%
	FNB	A	0.03%	0.03%	0.03%
	FNF	C	0.06%	0.09%	0.06%
	FOX	A	0.03%	0.03%	0.03%
	FOXA	A	0.05%	0.05%	0.05%
	FULT	B	0.02%	0.02%	0.02%
	GAP	B	0.03%	0.02%	0.02%
	GATX	A	0.02%	0.03%	0.02%
	GBCI	B	0.02%	0.03%	0.02%
	GD	A	0.19%	0.47%	0.19%
	GEF	A	0.01%	0.01%	0.01%
	GEN	A	0.06%	0.08%	0.06%
	GILD	C	0.4%	0.59%	0.4%
	GIS	F	0.13%	0.23%	0.13%
	GLW	C	0.13%	0.2%	0.13%
	GPC	D	0.05%	0.11%	0.05%
	GRMN	A	0.06%	0.15%	0.06%
	GS	B	0.77%	0.88%	0.77%
	HAL	C	0.06%	0.14%	0.06%
	HAS	D	0.04%	0.06%	0.04%
	HBAN	B	0.12%	0.12%	0.12%
	HD	B	0.71%	2.27%	0.71%
	HIG	C	0.14%	0.19%	0.14%
	HII	D	0.02%	0.06%	0.02%
	HOG	F	0.02%	0.03%	0.02%
	HOMB	A	0.02%	0.03%	0.02%
	HON	B	0.28%	0.76%	0.28%
	HP	C	0.02%	0.02%	0.02%
	HPE	B	0.19%	0.15%	0.15%
	HPQ	B	0.19%	0.2%	0.19%
	HRB	D	0.03%	0.05%	0.03%
	HRL	F	0.03%	0.05%	0.03%
	HSY	D	0.04%	0.16%	0.04%
	HUBB	B	0.03%	0.13%	0.03%
	HUN	F	0.03%	0.02%	0.02%
	HWC	B	0.02%	0.02%	0.02%
	IBM	C	0.54%	1.05%	0.54%
	IDA	A	0.02%	0.03%	0.02%
	IFF	F	0.08%	0.15%	0.08%
	IGT	D	0.01%	0.01%	0.01%
	INDB	B	0.01%	0.01%	0.01%
	INGR	B	0.04%	0.05%	0.04%
	IP	C	0.16%	0.1%	0.1%
	IPG	F	0.05%	0.07%	0.05%
	ITW	A	0.12%	0.44%	0.12%
	IVZ	C	0.06%	0.04%	0.04%
	JCI	A	0.18%	0.29%	0.18%
	JEF	A	0.07%	0.06%	0.06%
	JHG	B	0.03%	0.03%	0.03%
	JNJ	D	0.94%	2.21%	0.94%
	JNPR	D	0.03%	0.07%	0.03%
	JPM	B	2.14%	3.41%	2.14%
	JWN	B	0.03%	0.01%	0.01%
	JXN	B	0.1%	0.04%	0.04%
	K	A	0.08%	0.12%	0.08%
	KDP	D	0.09%	0.22%	0.09%
	KEY	B	0.11%	0.09%	0.09%
	KHC	F	0.14%	0.18%	0.14%
	KMB	F	0.13%	0.27%	0.13%
	KMI	B	0.3%	0.24%	0.24%
	KMPR	A	0.02%	0.02%	0.02%
	KMT	B	0.01%	0.01%	0.01%
	KO	F	0.47%	1.57%	0.47%
	KR	A	0.31%	0.21%	0.21%
	KSS	F	0.04%	0.01%	0.01%
	LCII	C	0.01%	0.02%	0.01%
	LEA	F	0.04%	0.03%	0.03%
	LEG	F	0.01%	0.01%	0.01%
	LHX	A	0.12%	0.25%	0.12%
	LKQ	D	0.04%	0.06%	0.04%
	LMT	C	0.35%	0.7%	0.35%
	LNC	B	0.07%	0.03%	0.03%
	LNT	C	0.05%	0.09%	0.05%
	LOW	B	0.34%	0.87%	0.34%
	LUV	B	0.02%	0.1%	0.02%
	LYB	F	0.15%	0.14%	0.14%
	M	D	0.05%	0.02%	0.02%
	MAN	F	0.03%	0.02%	0.02%
	MC	B	0.02%	0.03%	0.02%
	MCD	C	0.28%	1.24%	0.28%
	MCHP	F	0.05%	0.24%	0.05%
	MDLZ	F	0.18%	0.56%	0.18%
	MDT	D	0.35%	0.65%	0.35%
	MDU	F	0.02%	0.03%	0.02%
	MET	C	0.28%	0.27%	0.27%
	MKC	D	0.04%	0.12%	0.04%
	MLKN	D	0.01%	0.01%	0.01%
	MMM	C	0.42%	0.43%	0.42%
	MO	A	0.5%	0.49%	0.49%
	MOS	D	0.06%	0.05%	0.05%
	MPC	D	0.3%	0.32%	0.3%
	MRK	F	0.42%	1.62%	0.42%
	MRO	B	0.07%	0.08%	0.07%
	MS	A	0.56%	0.68%	0.56%
	MSM	B	0.02%	0.02%	0.02%
	MTB	B	0.15%	0.17%	0.15%
	MTG	C	0.02%	0.04%	0.02%
	MTN	D	0.01%	0.04%	0.01%
	MUR	F	0.02%	0.03%	0.02%
	NAVI	D	0.02%	0.01%	0.01%
	NEE	D	0.38%	0.98%	0.38%
	NEM	F	0.18%	0.35%	0.18%
	NFG	C	0.02%	0.03%	0.02%
	NI	A	0.06%	0.09%	0.06%
	NJR	A	0.02%	0.03%	0.02%
	NOMD	F	0.01%	0.01%	0.01%
	NRG	B	0.11%	0.11%	0.11%
	NSC	B	0.13%	0.32%	0.13%
	NSP	F	0.01%	0.02%	0.01%
	NTAP	D	0.06%	0.14%	0.06%
	NTRS	A	0.1%	0.1%	0.1%
	NVT	B	0.02%	0.07%	0.02%
	NWE	C	0.02%	0.02%	0.02%
	NWL	B	0.04%	0.02%	0.02%
	NXPI	F	0.08%	0.35%	0.08%
	NXST	C	0.03%	0.03%	0.03%
	OGE	B	0.04%	0.05%	0.04%
	OGN	F	0.03%	0.03%	0.03%
	OGS	A	0.02%	0.02%	0.02%
	OKE	A	0.17%	0.3%	0.17%
	OMC	B	0.08%	0.11%	0.08%
	OMF	A	0.05%	0.03%	0.03%
	ONB	B	0.02%	0.03%	0.02%
	ORI	A	0.06%	0.05%	0.05%
	OSK	B	0.03%	0.04%	0.03%
	OVV	C	0.04%	0.06%	0.04%
	OZK	B	0.02%	0.03%	0.02%
	PAG	B	0.02%	0.02%	0.02%
	PARA	C	0.12%	0.03%	0.03%
	PAYX	B	0.07%	0.24%	0.07%
	PB	B	0.03%	0.04%	0.03%
	PBF	F	0.04%	0.02%	0.02%
	PCAR	B	0.14%	0.29%	0.14%
	PDCO	F	0.01%	0.01%	0.01%
	PEG	C	0.15%	0.25%	0.15%
	PEP	D	0.48%	1.32%	0.48%
	PFE	F	0.81%	0.93%	0.81%
	PFG	C	0.1%	0.11%	0.1%
	PG	C	0.69%	2.31%	0.69%
	PGR	A	0.24%	0.84%	0.24%
	PHIN	B	0.02%	0.01%	0.01%
	PII	F	0.02%	0.02%	0.02%
	PINC	A	0.01%	0.01%	0.01%
	PKG	B	0.06%	0.11%	0.06%
	PM	C	0.64%	1.06%	0.64%
	PNC	B	0.36%	0.41%	0.36%
	PNM	B	0.02%	0.02%	0.02%
	PNW	B	0.06%	0.06%	0.06%
	POR	D	0.02%	0.03%	0.02%
	PPBI	B	0.01%	0.01%	0.01%
	PPG	F	0.07%	0.17%	0.07%
	PPL	A	0.13%	0.14%	0.13%
	PRGO	C	0.02%	0.02%	0.02%
	PRU	B	0.23%	0.25%	0.23%
	PSX	D	0.28%	0.31%	0.28%
	QCOM	F	0.33%	1.07%	0.33%
	R	A	0.06%	0.03%	0.03%
	RDN	C	0.02%	0.03%	0.02%
	RF	B	0.12%	0.12%	0.12%
	RGA	A	0.06%	0.08%	0.06%
	RHI	B	0.02%	0.04%	0.02%
	RL	B	0.02%	0.04%	0.02%
	RLI	A	0.01%	0.04%	0.01%
	ROK	B	0.05%	0.17%	0.05%
	RPM	A	0.03%	0.09%	0.03%
	RPRX	F	0.02%	0.06%	0.02%
	RRC	B	0.01%	0.04%	0.01%
	RS	B	0.05%	0.09%	0.05%
	RTX	C	0.48%	0.91%	0.48%
	SBUX	B	0.17%	0.62%	0.17%
	SCCO	F	0.02%	0.06%	0.02%
	SEE	C	0.02%	0.03%	0.02%
	SEM	B	0.02%	0.02%	0.02%
	SF	B	0.03%	0.05%	0.03%
	SFNC	B	0.02%	0.01%	0.01%
	SJM	F	0.05%	0.07%	0.05%
	SLB	C	0.13%	0.34%	0.13%
	SLM	B	0.02%	0.03%	0.02%
	SLVM	C	0.02%	0.02%	0.02%
	SMG	D	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.08%	0.04%
	SNV	B	0.04%	0.04%	0.04%
	SO	D	0.36%	0.56%	0.36%
	SON	D	0.02%	0.03%	0.02%
	SPB	B	0.01%	0.01%	0.01%
	SR	C	0.02%	0.02%	0.02%
	SRE	A	0.19%	0.3%	0.19%
	SSB	B	0.02%	0.04%	0.02%
	STT	B	0.16%	0.15%	0.15%
	STX	D	0.07%	0.12%	0.07%
	SWK	F	0.07%	0.1%	0.07%
	SWKS	F	0.04%	0.09%	0.04%
	SWX	B	0.02%	0.03%	0.02%
	SYF	B	0.22%	0.11%	0.11%
	SYY	B	0.14%	0.22%	0.14%
	T	A	1.16%	0.89%	0.89%
	TAP	B	0.05%	0.06%	0.05%
	TDS	B	0.06%	0.01%	0.01%
	TFC	B	0.35%	0.32%	0.32%
	TGNA	B	0.03%	0.02%	0.02%
	TGT	C	0.29%	0.41%	0.29%
	THG	A	0.02%	0.03%	0.02%
	TNL	A	0.02%	0.02%	0.02%
	TPR	B	0.03%	0.06%	0.03%
	TRGP	B	0.1%	0.18%	0.1%
	TRN	B	0.02%	0.02%	0.02%
	TROW	B	0.09%	0.13%	0.09%
	TROX	F	0.01%	0.01%	0.01%
	TRV	B	0.23%	0.3%	0.23%
	TSN	C	0.14%	0.09%	0.09%
	TXN	C	0.36%	1.06%	0.36%
	UBSI	B	0.02%	0.03%	0.02%
	UCB	B	0.01%	0.02%	0.01%
	UGI	D	0.05%	0.03%	0.03%
	UMBF	B	0.02%	0.03%	0.02%
	UNM	A	0.08%	0.06%	0.06%
	UNP	C	0.26%	0.85%	0.26%
	UPS	C	0.33%	0.56%	0.33%
	USB	A	0.37%	0.35%	0.35%
	UVV	B	0.01%	0.01%	0.01%
	VAC	B	0.02%	0.01%	0.01%
	VFC	C	0.07%	0.04%	0.04%
	VLO	D	0.32%	0.24%	0.24%
	VLY	B	0.03%	0.02%	0.02%
	VOYA	B	0.03%	0.05%	0.03%
	VSH	F	0.01%	0.01%	0.01%
	VST	B	0.14%	0.23%	0.14%
	VTRS	B	0.1%	0.08%	0.08%
	VZ	C	1.18%	1.07%	1.07%
	WAL	B	0.03%	0.05%	0.03%
	WBA	D	0.12%	0.04%	0.04%
	WBS	A	0.03%	0.04%	0.03%
	WEC	B	0.11%	0.17%	0.11%
	WFC	A	1.23%	1.12%	1.12%
	WH	A	0.01%	0.03%	0.01%
	WHR	B	0.06%	0.03%	0.03%
	WKC	D	0.02%	0.01%	0.01%
	WM	A	0.12%	0.47%	0.12%
	WMB	B	0.23%	0.31%	0.23%
	WMT	A	1.15%	1.98%	1.15%
	WRB	B	0.04%	0.09%	0.04%
	WSM	F	0.03%	0.11%	0.03%
	WSO	A	0.03%	0.1%	0.03%
	WTRG	C	0.03%	0.05%	0.03%
	WU	F	0.03%	0.02%	0.02%
	XEL	A	0.14%	0.2%	0.14%
	XOM	B	2.24%	2.97%	2.24%
	XP	F	0.01%	0.04%	0.01%
	XRX	F	0.01%	0.01%	0.01%
	YUM	B	0.05%	0.22%	0.05%
	ZION	B	0.05%	0.04%	0.04%

PRF Overweight 580 Positions Relative to VYM

	Symbol	Grade	Weight
	BRK.A	B	2.3%
	AAPL	C	2.28%
	MSFT	C	1.85%
	AMZN	A	1.72%
	UNH	B	1.08%
	GOOGL	B	1.06%
	META	B	0.98%
	GOOG	B	0.91%
	GM	A	0.76%
	COST	B	0.56%
	INTC	C	0.47%
	MCK	A	0.45%
	COF	B	0.42%
	DIS	B	0.38%
	TSLA	B	0.35%
	MU	D	0.35%
	ORCL	A	0.32%
	TMUS	A	0.32%
	ELV	F	0.3%
	LIN	D	0.29%
	AXP	B	0.29%
	COR	A	0.26%
	NVDA	B	0.26%
	CHTR	B	0.25%
	V	A	0.25%
	ACN	C	0.25%
	DE	D	0.23%
	TMO	F	0.23%
	GE	C	0.23%
	CRM	B	0.23%
	CNC	F	0.23%
	FI	A	0.21%
	LLY	F	0.21%
	NFLX	A	0.2%
	PYPL	A	0.19%
	NOC	C	0.18%
	TJX	B	0.18%
	SPGI	C	0.17%
	SCHW	A	0.17%
	MA	B	0.17%
	FCX	F	0.16%
	HCA	D	0.16%
	AMD	F	0.16%
	DHR	F	0.16%
	WELL	B	0.16%
	PLD	D	0.15%
	AMT	F	0.15%
	WBD	B	0.15%
	CSX	B	0.14%
	CEG	D	0.14%
	HUM	D	0.14%
	THC	B	0.13%
	BDX	D	0.13%
	KKR	B	0.13%
	NUE	C	0.13%
	AMAT	F	0.13%
	OXY	D	0.13%
	ZIM	B	0.13%
	DLR	C	0.13%
	MMC	C	0.13%
	BSX	A	0.12%
	SYK	A	0.12%
	SPG	B	0.12%
	ICE	D	0.12%
	CCI	F	0.12%
	NKE	F	0.12%
	LEN	D	0.12%
	DHI	F	0.12%
	BA	F	0.12%
	CBRE	A	0.12%
	LUMN	B	0.12%
	REGN	F	0.11%
	PH	A	0.11%
	GEV	B	0.11%
	ADBE	C	0.11%
	URI	B	0.11%
	PCG	A	0.11%
	VTR	C	0.11%
	CARR	C	0.11%
	WDC	D	0.11%
	O	D	0.1%
	EQIX	B	0.1%
	CTVA	C	0.1%
	TT	A	0.1%
	BKNG	A	0.1%
	CTSH	A	0.1%
	IRM	D	0.09%
	VRTX	B	0.09%
	USFD	A	0.09%
	INTU	A	0.09%
	SHW	A	0.09%
	AER	C	0.09%
	WY	F	0.09%
	BIIB	F	0.09%
	PFGC	B	0.08%
	ISRG	A	0.08%
	STLD	B	0.08%
	LRCX	F	0.08%
	MKL	A	0.08%
	KMX	C	0.08%
	GEHC	F	0.08%
	FLEX	B	0.08%
	EQR	C	0.08%
	AVB	A	0.08%
	AA	C	0.08%
	APH	B	0.08%
	ARW	F	0.08%
	AJG	A	0.07%
	MRVL	B	0.07%
	MSI	B	0.07%
	AZO	C	0.07%
	LDOS	B	0.07%
	VICI	D	0.07%
	TDG	B	0.07%
	AON	A	0.07%
	WTW	A	0.07%
	CCL	A	0.07%
	DOC	C	0.07%
	ACGL	D	0.07%
	PSA	C	0.07%
	PHM	D	0.07%
	ECL	C	0.07%
	DG	F	0.06%
	ZTS	D	0.06%
	X	C	0.06%
	WCC	B	0.06%
	GWW	B	0.06%
	MCO	C	0.06%
	IQV	F	0.06%
	MHK	D	0.06%
	LH	A	0.06%
	OTIS	C	0.06%
	UAL	B	0.06%
	JBL	C	0.06%
	PWR	B	0.06%
	LAD	B	0.06%
	CTAS	A	0.06%
	ROST	F	0.06%
	SOLV	D	0.06%
	ORLY	A	0.06%
	L	A	0.06%
	WAB	A	0.06%
	VNO	C	0.06%
	RSG	A	0.06%
	GPN	B	0.06%
	STZ	D	0.06%
	FYBR	D	0.06%
	SQ	B	0.06%
	RJF	A	0.06%
	JLL	C	0.06%
	ROP	A	0.06%
	BXP	D	0.06%
	LNG	B	0.06%
	ARE	F	0.06%
	HWM	A	0.05%
	INVH	D	0.05%
	VMC	B	0.05%
	MTZ	B	0.05%
	ZBH	C	0.05%
	ESS	C	0.05%
	NVR	D	0.05%
	RCL	A	0.05%
	MPW	F	0.05%
	DXC	B	0.05%
	UBER	F	0.05%
	TSCO	C	0.05%
	MAA	C	0.05%
	OC	A	0.05%
	SFM	B	0.05%
	ACM	B	0.05%
	HBI	B	0.05%
	KIM	A	0.05%
	UHS	D	0.05%
	TOL	C	0.05%
	AN	C	0.05%
	BJ	B	0.05%
	BWA	B	0.05%
	MRNA	F	0.05%
	KD	A	0.05%
	DOV	A	0.05%
	MOH	F	0.05%
	HES	C	0.05%
	BLDR	D	0.05%
	KLAC	F	0.05%
	MAR	A	0.05%
	SUI	D	0.04%
	CPT	C	0.04%
	NOW	A	0.04%
	LVS	C	0.04%
	AVTR	F	0.04%
	CACI	C	0.04%
	UDR	C	0.04%
	DVA	C	0.04%
	SSNC	C	0.04%
	COHR	B	0.04%
	WPC	F	0.04%
	ZBRA	A	0.04%
	ANET	C	0.04%
	RMD	C	0.04%
	HST	C	0.04%
	EXPE	B	0.04%
	HOLX	D	0.04%
	EXR	D	0.04%
	STWD	D	0.04%
	GT	C	0.04%
	DLTR	F	0.04%
	ABG	B	0.04%
	REG	A	0.04%
	TMHC	C	0.04%
	UTHR	B	0.04%
	J	B	0.04%
	TDY	A	0.04%
	A	F	0.04%
	EXPD	D	0.04%
	APTV	D	0.04%
	MGM	D	0.04%
	CCK	D	0.04%
	AR	B	0.04%
	CASY	B	0.04%
	ON	F	0.04%
	DAL	A	0.04%
	TTWO	A	0.04%
	SNX	C	0.04%
	GPI	A	0.04%
	EA	A	0.04%
	AME	A	0.04%
	MLM	B	0.04%
	EME	B	0.04%
	SLG	C	0.04%
	TWLO	A	0.04%
	CDW	F	0.04%
	TXT	C	0.04%
	BALL	D	0.04%
	WTFC	B	0.03%
	DASH	A	0.03%
	ILMN	C	0.03%
	GL	B	0.03%
	CUZ	C	0.03%
	BHF	B	0.03%
	AXTA	A	0.03%
	OLN	D	0.03%
	BIO	C	0.03%
	DAR	B	0.03%
	ELAN	D	0.03%
	VRSK	A	0.03%
	CMC	B	0.03%
	BRO	A	0.03%
	ZM	B	0.03%
	STE	F	0.03%
	ODFL	B	0.03%
	ALSN	A	0.03%
	ICLR	F	0.03%
	KRC	C	0.03%
	AKAM	F	0.03%
	SCI	B	0.03%
	CTLT	D	0.03%
	GNRC	B	0.03%
	PNFP	B	0.03%
	GXO	B	0.03%
	RIG	D	0.03%
	JBHT	B	0.03%
	TRMB	B	0.03%
	SPOT	A	0.03%
	XYL	D	0.03%
	CPRT	A	0.03%
	PNR	A	0.03%
	CPNG	B	0.03%
	BECN	B	0.03%
	GEO	B	0.03%
	CNX	B	0.03%
	EW	D	0.03%
	THO	B	0.03%
	LBRDK	C	0.03%
	NWSA	B	0.03%
	LAMR	D	0.03%
	FSLR	F	0.03%
	GLPI	D	0.03%
	BRX	A	0.03%
	COOP	B	0.03%
	LPLA	B	0.03%
	CLF	D	0.03%
	RRX	C	0.03%
	CMG	B	0.03%
	EFX	D	0.03%
	BAH	C	0.03%
	OHI	C	0.03%
	BURL	C	0.03%
	MNST	B	0.03%
	PENN	B	0.03%
	ALB	B	0.03%
	HOOD	B	0.03%
	SANM	B	0.03%
	TRU	D	0.03%
	BR	A	0.03%
	GPK	D	0.03%
	KEYS	C	0.03%
	AVY	F	0.03%
	FTV	D	0.03%
	MTH	D	0.03%
	ARMK	B	0.03%
	CSL	B	0.03%
	CZR	F	0.03%
	MAS	D	0.03%
	FCNCA	B	0.03%
	SNPS	B	0.03%
	MUSA	B	0.03%
	HLT	A	0.03%
	KNX	B	0.03%
	CPAY	A	0.03%
	FLR	C	0.03%
	RVTY	C	0.03%
	CHD	B	0.03%
	IR	A	0.03%
	HSIC	F	0.03%
	NDAQ	A	0.03%
	TTC	F	0.02%
	APG	B	0.02%
	WWD	B	0.02%
	AOS	F	0.02%
	GGG	B	0.02%
	RGLD	C	0.02%
	RIVN	D	0.02%
	OUT	C	0.02%
	TFX	F	0.02%
	TKR	F	0.02%
	PCH	F	0.02%
	ESAB	B	0.02%
	REZI	A	0.02%
	ADNT	D	0.02%
	APLE	B	0.02%
	AIT	A	0.02%
	GHC	B	0.02%
	BLD	F	0.02%
	KNF	C	0.02%
	HE	F	0.02%
	RH	C	0.02%
	ALGN	F	0.02%
	AAL	B	0.02%
	Z	B	0.02%
	TXRH	A	0.02%
	EPR	D	0.02%
	CDP	C	0.02%
	JKHY	C	0.02%
	LW	C	0.02%
	HUBG	A	0.02%
	GRAB	A	0.02%
	ASGN	C	0.02%
	SIG	B	0.02%
	IAC	F	0.02%
	NDSN	B	0.02%
	TTMI	B	0.02%
	GMS	B	0.02%
	ADC	A	0.02%
	POOL	D	0.02%
	LSTR	B	0.02%
	ALLE	D	0.02%
	OI	D	0.02%
	KRG	B	0.02%
	RUSHA	B	0.02%
	DY	C	0.02%
	SLGN	A	0.02%
	COLD	F	0.02%
	MELI	D	0.02%
	LNW	F	0.02%
	LITE	A	0.02%
	ABCB	B	0.02%
	MKSI	C	0.02%
	CRL	C	0.02%
	CHKP	D	0.02%
	TYL	B	0.02%
	DCI	A	0.02%
	VMI	B	0.02%
	DECK	B	0.02%
	ST	F	0.02%
	QRVO	F	0.02%
	CXW	B	0.02%
	DPZ	C	0.02%
	NVST	C	0.02%
	UNFI	C	0.02%
	HCC	C	0.02%
	NSIT	F	0.02%
	ITT	A	0.02%
	HLF	D	0.02%
	WAT	A	0.02%
	G	B	0.02%
	AYI	B	0.02%
	UHAL	C	0.02%
	MIDD	C	0.02%
	LYV	B	0.02%
	GME	C	0.02%
	SM	C	0.02%
	PLXS	C	0.02%
	PRI	A	0.02%
	GDDY	A	0.02%
	HRI	B	0.02%
	ELS	C	0.02%
	JAZZ	B	0.02%
	MTD	F	0.02%
	CR	B	0.02%
	LULU	C	0.02%
	CW	B	0.02%
	VRT	B	0.02%
	MHO	D	0.02%
	TCBI	B	0.02%
	LII	B	0.02%
	MAT	C	0.02%
	ADSK	A	0.02%
	CBOE	D	0.02%
	NNN	F	0.02%
	SOFI	B	0.02%
	SBAC	D	0.02%
	ATR	A	0.02%
	CUBE	D	0.02%
	MSCI	B	0.02%
	POST	D	0.02%
	NOV	C	0.02%
	FL	F	0.02%
	EXEL	B	0.02%
	KEX	B	0.02%
	KBR	B	0.02%
	TER	F	0.02%
	IT	A	0.02%
	AMG	B	0.02%
	CDNS	B	0.02%
	UFPI	B	0.02%
	RNR	D	0.02%
	IEX	B	0.02%
	XPO	B	0.02%
	SAIC	C	0.02%
	FFIV	A	0.02%
	PVH	C	0.02%
	VLTO	C	0.02%
	BXMT	D	0.02%
	BCC	B	0.02%
	AMH	C	0.02%
	LPX	B	0.02%
	INCY	B	0.02%
	FBIN	F	0.02%
	COIN	B	0.02%
	CIEN	B	0.02%
	SBRA	C	0.02%
	VSCO	B	0.02%
	CSGP	D	0.02%
	ANSS	B	0.02%
	MAC	B	0.02%
	TPH	D	0.02%
	KBH	D	0.02%
	DEI	C	0.02%
	GNW	B	0.02%
	SKX	F	0.02%
	EHC	A	0.02%
	HIW	D	0.02%
	CAR	C	0.02%
	CWK	B	0.02%
	FTI	B	0.02%
	AGNC	C	0.02%
	CLH	B	0.02%
	ULTA	C	0.02%
	MLI	B	0.02%
	FRT	C	0.02%
	PK	B	0.02%
	NUS	D	0.01%
	HELE	C	0.01%
	FIVE	F	0.01%
	CNXC	F	0.01%
	CLVT	F	0.01%
	HEI	B	0.01%
	LEN	D	0.01%
	JELD	F	0.01%
	ZG	B	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%
	OPEN	F	0.01%
	STNE	F	0.01%
	ARCB	C	0.01%
	HEI	B	0.01%
	ODP	F	0.01%
	WSC	F	0.01%
	GTN	F	0.01%
	ACHC	F	0.01%
	AMN	F	0.01%
	HTZ	C	0.01%
	RLJ	B	0.01%
	VSTS	D	0.01%
	XRAY	F	0.01%
	LGIH	F	0.01%
	NWS	B	0.01%
	DIOD	F	0.01%
	URBN	C	0.01%
	CPRI	F	0.01%
	EGP	C	0.01%
	AMKR	F	0.01%
	OMI	F	0.01%
	HPP	F	0.01%
	UA	B	0.01%
	ATKR	D	0.01%
	ARI	D	0.01%
	BXC	B	0.01%
	AXL	C	0.01%
	UAA	B	0.01%
	SITE	D	0.01%
	W	F	0.01%
	DRH	B	0.01%
	ENOV	C	0.01%
	CSTM	F	0.01%
	PMT	D	0.01%
	CCS	F	0.01%
	LXP	C	0.01%
	BMRN	F	0.01%
	ANDE	D	0.01%
	ASH	F	0.01%
	EEFT	C	0.01%
	FND	F	0.01%
	CGNX	C	0.01%
	BYD	A	0.01%
	WEX	D	0.01%
	ASO	F	0.01%
	FR	C	0.01%
	LFUS	D	0.01%
	RYN	F	0.01%
	MTCH	F	0.01%
	PFSI	D	0.01%
	IDXX	D	0.01%
	ENTG	D	0.01%
	SAIA	B	0.01%
	TPX	B	0.01%
	TEX	D	0.01%
	FUL	F	0.01%
	OKTA	C	0.01%
	AEO	F	0.01%
	PTC	B	0.01%
	FTNT	B	0.01%
	PECO	A	0.01%
	ENS	D	0.01%
	SBH	C	0.01%
	UNIT	C	0.01%
	ALIT	B	0.01%
	MTDR	C	0.01%
	JBGS	F	0.01%
	LECO	C	0.01%
	RUN	F	0.01%
	ATI	D	0.01%
	EPAM	B	0.01%
	THS	F	0.01%
	SIGI	B	0.01%
	ABR	B	0.01%
	FCN	F	0.01%
	GTLS	A	0.01%
	ESI	B	0.01%
	VYX	B	0.01%
	GNTX	C	0.01%
	WST	B	0.01%
	WERN	B	0.01%
	WYNN	F	0.01%
	SEIC	A	0.01%
	STAG	D	0.01%
	ABNB	C	0.01%
	BWXT	A	0.01%
	WDAY	B	0.01%
	BDN	D	0.01%
	BCO	F	0.01%
	CNM	D	0.01%
	WLK	F	0.01%
	VNT	B	0.01%
	IRT	A	0.01%
	VEEV	B	0.01%
	ESGR	C	0.01%
	FDS	A	0.01%
	MMS	D	0.01%
	RXO	C	0.01%
	REXR	F	0.01%
	UHAL	C	0.0%
	SEDG	F	0.0%
	SMCI	F	0.0%
	PARR	F	0.0%
	LBRDA	C	0.0%

PRF Underweight 129 Positions Relative to VYM

	Symbol	Grade	Weight
	BLK	B	-0.79%
	HLI	B	-0.05%
	PR	C	-0.05%
	CRS	B	-0.04%
	KTB	B	-0.03%
	FFIN	B	-0.03%
	TPG	B	-0.03%
	PIPR	B	-0.03%
	BCPC	B	-0.03%
	SIRI	D	-0.03%
	CPK	A	-0.02%
	CXT	D	-0.02%
	YOU	D	-0.02%
	PTEN	C	-0.02%
	WEN	C	-0.02%
	CALM	B	-0.02%
	CBU	B	-0.02%
	AWR	B	-0.02%
	CWT	D	-0.02%
	EBC	B	-0.02%
	IBOC	B	-0.02%
	OTTR	C	-0.02%
	MGEE	A	-0.02%
	STNG	F	-0.02%
	CCOI	C	-0.02%
	SXT	B	-0.02%
	AROC	B	-0.02%
	FBP	B	-0.02%
	LANC	C	-0.02%
	NOG	B	-0.02%
	DNB	B	-0.02%
	SHOO	D	-0.02%
	IRDM	C	-0.02%
	GLNG	C	-0.02%
	WD	D	-0.02%
	KFY	B	-0.02%
	SFBS	B	-0.02%
	MGY	B	-0.02%
	JACK	D	-0.01%
	MATV	F	-0.01%
	UI	B	-0.01%
	CWEN	D	-0.01%
	FDP	B	-0.01%
	CNA	C	-0.01%
	KLG	D	-0.01%
	SRCE	B	-0.01%
	WMK	B	-0.01%
	KALU	B	-0.01%
	BHLB	B	-0.01%
	SAFT	B	-0.01%
	DDS	C	-0.01%
	EIG	A	-0.01%
	SCS	C	-0.01%
	KW	C	-0.01%
	WABC	B	-0.01%
	OXM	D	-0.01%
	BLMN	F	-0.01%
	WOR	F	-0.01%
	BKE	A	-0.01%
	SASR	A	-0.01%
	WT	B	-0.01%
	SFL	F	-0.01%
	VRTS	B	-0.01%
	HMN	B	-0.01%
	CSGS	B	-0.01%
	HOPE	B	-0.01%
	AY	A	-0.01%
	HTH	B	-0.01%
	APOG	B	-0.01%
	GBX	A	-0.01%
	HEES	B	-0.01%
	SYBT	B	-0.01%
	BHE	C	-0.01%
	NWN	B	-0.01%
	STBA	B	-0.01%
	WGO	B	-0.01%
	MCY	B	-0.01%
	NWBI	B	-0.01%
	UPBD	B	-0.01%
	NTB	B	-0.01%
	REYN	D	-0.01%
	WSBC	B	-0.01%
	CHCO	B	-0.01%
	FCF	B	-0.01%
	WLY	A	-0.01%
	PZZA	D	-0.01%
	TNC	F	-0.01%
	LZB	C	-0.01%
	B	A	-0.01%
	TRMK	B	-0.01%
	HI	C	-0.01%
	CAKE	B	-0.01%
	SJW	F	-0.01%
	NBTB	B	-0.01%
	BANR	B	-0.01%
	RNST	B	-0.01%
	STRA	C	-0.01%
	IBTX	B	-0.01%
	NMRK	B	-0.01%
	ADTN	B	-0.01%
	BANF	B	-0.01%
	VGR	B	-0.01%
	FRME	B	-0.01%
	SBCF	B	-0.01%
	ENR	B	-0.01%
	TOWN	B	-0.01%
	PFS	B	-0.01%
	SBLK	D	-0.01%
	WAFD	B	-0.01%
	CVBF	B	-0.01%
	HTLF	B	-0.01%
	PRK	B	-0.01%
	BOH	B	-0.01%
	HNI	B	-0.01%
	VIRT	B	-0.01%
	CWEN	D	-0.01%
	MGRC	B	-0.01%
	CNS	C	-0.01%
	JJSF	B	-0.01%
	RRR	F	-0.01%
	RBCAA	B	-0.0%
	GES	F	-0.0%
	NFE	F	-0.0%
	TFSL	A	-0.0%
	SCHL	D	-0.0%
	CVI	F	-0.0%
	FG	B	-0.0%
	DLX	A	-0.0%
	SSTK	D	-0.0%

PRF: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Software - Application Oil & Gas E&P Asset Management 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 Insurance Products Semiconductor Dow Jones Component Deposit Products Beverage

VYM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Utilities - Regulated Electric Oil & Gas E&P Packaged Foods Insurance - Property & Casualty Utilities - Diversified Utilities - Regulated Gas Diversified Industrials Restaurants Specialty Chemicals Insurance - Life Oil & Gas Refining & Marketing Semiconductors Capital Markets Chemicals Credit Services Drug Manufacturers - Major Insurance - Diversified Packaging & Containers

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Nasdaq 100 Real Estate Loans Investment Bank Investment Management Insurance Products Mining Chemical Commercial Bank Life Insurance Trust Services Cash Management Electronics