PRFZ vs. PKW ETF Comparison

Comparison of PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (PRFZ) to PowerShares Buyback Achievers (PKW)

PRFZ

PowerShares FTSE RAFI US 1500 Small-Mid Portfolio

PRFZ Description

The PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (Fund) is based on the FTSE RAFI US 1500 Small-Mid 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 small and medium-sized US companies. Companies are selected based on the following four fundamental measures of size: book value, cash flow, sales and dividends. Each of the equities with a fundamental weight ranking of 1,001 to 2,500 is then selected and assigned a weight equal to its fundamental weight. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$42.86

Average Daily Volume

77,665

Number of Holdings ^*

1367

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$120.19

Average Daily Volume

16,400

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	PRFZ	PKW
30 Days	1.32%	2.24%
60 Days	3.25%	6.60%
90 Days	6.14%	10.23%
12 Months	28.59%	32.67%

76 Overlapping Holdings

Symbol	Grade	Weight in PRFZ	Weight in PKW	Overlap
APP	A	0.51%	2.8%	0.51%
ATGE	B	0.26%	0.11%	0.11%
ATSG	A	0.24%	0.05%	0.05%
AZTA	F	0.1%	0.07%	0.07%
BRKR	F	0.08%	0.28%	0.08%
CARG	B	0.09%	0.1%	0.09%
CASH	B	0.1%	0.06%	0.06%
CCRN	F	0.05%	0.01%	0.01%
CEIX	A	0.23%	0.12%	0.12%
CGEM	F	0.01%	0.03%	0.01%
CHGG	F	0.01%	0.01%	0.01%
CHH	A	0.08%	0.22%	0.08%
CNNE	B	0.13%	0.04%	0.04%
CSGS	B	0.08%	0.05%	0.05%
CVCO	A	0.14%	0.13%	0.13%
DBI	F	0.05%	0.01%	0.01%
DDS	B	0.08%	0.16%	0.08%
DENN	D	0.02%	0.01%	0.01%
DOCN	D	0.02%	0.12%	0.02%
DXPE	B	0.08%	0.04%	0.04%
ECVT	C	0.07%	0.03%	0.03%
EGBN	B	0.11%	0.03%	0.03%
EIG	B	0.11%	0.04%	0.04%
ENVA	B	0.24%	0.09%	0.09%
EXP	B	0.2%	0.34%	0.2%
FBP	B	0.17%	0.11%	0.11%
FPI	A	0.03%	0.02%	0.02%
GBX	B	0.21%	0.07%	0.07%
GCO	C	0.07%	0.01%	0.01%
GFF	B	0.08%	0.11%	0.08%
GOLF	B	0.07%	0.15%	0.07%
HCKT	B	0.03%	0.03%	0.03%
HGV	C	0.16%	0.14%	0.14%
HONE	B	0.03%	0.02%	0.02%
HURN	B	0.08%	0.07%	0.07%
IART	C	0.08%	0.06%	0.06%
IDCC	A	0.13%	0.15%	0.13%
IMXI	B	0.02%	0.02%	0.02%
INVA	C	0.07%	0.04%	0.04%
JACK	D	0.06%	0.03%	0.03%
KELYA	F	0.06%	0.02%	0.02%
LBRT	F	0.12%	0.1%	0.1%
LILAK	F	0.15%	0.04%	0.04%
LOCO	D	0.04%	0.01%	0.01%
LPRO	C	0.02%	0.02%	0.02%
LQDT	A	0.02%	0.02%	0.02%
LSEA	F	0.02%	0.01%	0.01%
LXU	C	0.05%	0.02%	0.02%
MATX	B	0.08%	0.18%	0.08%
MX	F	0.03%	0.0%	0.0%
NECB	B	0.02%	0.01%	0.01%
NFBK	B	0.05%	0.02%	0.02%
NR	C	0.05%	0.02%	0.02%
NSA	C	0.14%	0.11%	0.11%
ONTF	C	0.01%	0.01%	0.01%
PEB	F	0.12%	0.05%	0.05%
PLAY	D	0.04%	0.05%	0.04%
PRA	B	0.09%	0.03%	0.03%
PRG	C	0.18%	0.07%	0.07%
PZZA	F	0.07%	0.06%	0.06%
RLGT	B	0.02%	0.01%	0.01%
RYI	C	0.12%	0.03%	0.03%
SAH	B	0.19%	0.05%	0.05%
SBSI	B	0.09%	0.04%	0.04%
SCHL	F	0.06%	0.02%	0.02%
SENEA	A	0.06%	0.01%	0.01%
SKYW	B	0.12%	0.15%	0.12%
SNCY	C	0.01%	0.03%	0.01%
STGW	B	0.03%	0.03%	0.03%
TNET	F	0.11%	0.15%	0.11%
VIRT	A	0.31%	0.1%	0.1%
VVV	D	0.18%	0.18%	0.18%
WMS	F	0.13%	0.34%	0.13%
WSBF	B	0.02%	0.01%	0.01%
XHR	B	0.15%	0.05%	0.05%
ZIP	D	0.01%	0.03%	0.01%

PRFZ Overweight 1291 Positions Relative to PKW

Symbol	Grade	Weight
CVNA	A	0.55%
EBS	C	0.37%
CRS	A	0.36%
EAT	A	0.36%
COMM	D	0.34%
TPL	A	0.33%
PRIM	A	0.32%
PLTR	B	0.29%
SATS	C	0.27%
ACIW	B	0.27%
GVA	A	0.26%
PFS	B	0.26%
CNK	A	0.25%
FIX	A	0.25%
HTLF	B	0.24%
PDM	D	0.24%
PBI	B	0.24%
PIPR	B	0.23%
CBU	B	0.23%
GTES	A	0.23%
MD	B	0.23%
ICUI	D	0.23%
NU	C	0.23%
BDC	B	0.22%
KAR	A	0.22%
EBC	B	0.22%
PPC	B	0.22%
WWW	A	0.22%
CALM	A	0.22%
MOG.A	B	0.22%
TTEK	F	0.21%
BOH	B	0.21%
AX	B	0.21%
NCLH	B	0.21%
WAFD	B	0.21%
HLI	B	0.21%
GLNG	D	0.21%
KTB	A	0.21%
ITRI	B	0.21%
KFY	B	0.21%
BANR	B	0.21%
VSTO	A	0.21%
RBC	A	0.2%
BGC	C	0.2%
NYT	D	0.2%
EAF	B	0.2%
CVBF	B	0.2%
MKTX	D	0.19%
GMED	A	0.19%
DNB	B	0.19%
NHI	D	0.19%
CLOV	D	0.19%
SUM	B	0.19%
SMTC	B	0.19%
WD	D	0.19%
CRUS	F	0.19%
IBOC	B	0.19%
TTD	B	0.19%
IBTX	B	0.19%
ACA	A	0.19%
SN	D	0.19%
HHH	B	0.18%
ROL	B	0.18%
FRME	B	0.18%
ENR	A	0.18%
HL	C	0.18%
AKR	A	0.18%
MGY	A	0.18%
STC	A	0.18%
MPWR	F	0.18%
AY	A	0.18%
SCSC	B	0.18%
FICO	A	0.18%
WSFS	B	0.18%
ANF	F	0.18%
NWBI	B	0.18%
ADTN	A	0.18%
BNL	D	0.18%
BHE	B	0.18%
AMRK	F	0.18%
OMCL	C	0.18%
ITGR	B	0.18%
FN	B	0.18%
OLLI	D	0.18%
HOPE	B	0.18%
TRMK	B	0.18%
TW	A	0.17%
DOLE	D	0.17%
AROC	A	0.17%
RNST	B	0.17%
COKE	C	0.17%
UPBD	C	0.17%
HNI	B	0.17%
AHCO	D	0.17%
SXT	C	0.17%
KW	B	0.17%
SPR	D	0.17%
EPRT	A	0.17%
LRN	B	0.17%
PATK	D	0.17%
STRL	A	0.17%
BILL	A	0.17%
MCY	B	0.17%
MOD	A	0.17%
NTB	B	0.16%
DORM	B	0.16%
MTX	C	0.16%
FFIN	B	0.16%
WTM	A	0.16%
PINS	F	0.16%
WEN	C	0.16%
LADR	B	0.16%
BFAM	F	0.16%
FTDR	B	0.16%
FDP	B	0.16%
GIII	D	0.16%
SKY	A	0.16%
ENSG	D	0.16%
B	A	0.16%
CDE	C	0.16%
TOWN	B	0.16%
CYH	F	0.16%
LC	B	0.16%
WOOF	D	0.16%
MGEE	A	0.16%
AWI	B	0.16%
UE	A	0.16%
NWN	A	0.15%
MRCY	C	0.15%
SSD	D	0.15%
PSN	C	0.15%
EXAS	D	0.15%
MASI	B	0.15%
SHO	D	0.15%
NEOG	D	0.15%
ROKU	D	0.15%
SKT	A	0.15%
PGRE	D	0.15%
KALU	C	0.15%
NMIH	D	0.15%
BKD	F	0.15%
PTON	B	0.15%
TPC	C	0.15%
ROIC	A	0.15%
SBLK	F	0.15%
IBKR	A	0.15%
COMP	B	0.15%
BV	C	0.15%
AMED	F	0.15%
SNEX	B	0.15%
TECH	F	0.15%
PRK	B	0.15%
PBH	A	0.15%
SNDR	B	0.15%
ORA	B	0.15%
NMRK	B	0.14%
PANW	B	0.14%
NGVT	C	0.14%
MRC	B	0.14%
CWEN	C	0.14%
KREF	D	0.14%
AGRO	C	0.14%
GWRE	A	0.14%
DAY	B	0.14%
CRGY	A	0.14%
CFFN	B	0.14%
HMN	B	0.14%
WFRD	F	0.14%
AMWD	B	0.14%
PAYC	B	0.14%
MWA	B	0.14%
COLM	B	0.14%
CHX	C	0.14%
EXLS	B	0.14%
WMK	B	0.14%
TALO	C	0.14%
CAKE	B	0.14%
WGO	C	0.14%
PRM	B	0.14%
ALK	A	0.14%
CENTA	C	0.14%
KLG	D	0.14%
CROX	F	0.14%
MATV	F	0.14%
GDOT	D	0.14%
LAUR	A	0.14%
NBR	D	0.14%
H	B	0.14%
SASR	B	0.14%
UNF	B	0.14%
ECPG	B	0.14%
PSMT	D	0.14%
HQY	A	0.14%
NBTB	B	0.14%
SFBS	B	0.14%
BOOT	D	0.14%
AFRM	A	0.13%
AXON	A	0.13%
FELE	B	0.13%
CHDN	C	0.13%
FCF	B	0.13%
CHE	F	0.13%
EFSC	B	0.13%
DEA	D	0.13%
MMSI	A	0.13%
JBT	A	0.13%
RDNT	C	0.13%
RYAM	C	0.13%
GLOB	C	0.13%
LZB	B	0.13%
NTCT	C	0.13%
WSBC	B	0.13%
PR	B	0.13%
OCFC	B	0.13%
CWT	C	0.13%
CNA	C	0.13%
IVT	A	0.13%
LOPE	B	0.13%
HXL	F	0.13%
OTTR	C	0.13%
CCOI	B	0.13%
VBTX	B	0.13%
ELME	D	0.13%
HTH	B	0.13%
BZH	C	0.13%
SABR	B	0.13%
OII	B	0.13%
SCS	B	0.13%
BKE	A	0.13%
IPGP	D	0.13%
PLUS	F	0.13%
VRSN	F	0.13%
DOCU	A	0.12%
TLRY	F	0.12%
TILE	B	0.12%
NNI	D	0.12%
NEU	D	0.12%
AGX	C	0.12%
MORN	B	0.12%
NBIX	C	0.12%
IRDM	F	0.12%
HASI	F	0.12%
IIPR	F	0.12%
DAC	B	0.12%
EPC	F	0.12%
DNOW	B	0.12%
WTS	B	0.12%
HEES	C	0.12%
SNBR	F	0.12%
STRA	C	0.12%
CRK	A	0.12%
STNG	D	0.12%
SFL	D	0.12%
RHP	B	0.12%
AAT	A	0.12%
HAE	C	0.12%
EQC	A	0.12%
VC	F	0.12%
DLB	F	0.12%
IMKTA	C	0.12%
ALEX	B	0.12%
TRNO	D	0.12%
STBA	B	0.12%
MSA	D	0.12%
SHOO	D	0.12%
ONTO	F	0.11%
FCPT	C	0.11%
GO	C	0.11%
RC	D	0.11%
IOSP	C	0.11%
BLMN	F	0.11%
CWH	C	0.11%
EMBC	D	0.11%
HOV	F	0.11%
ESRT	D	0.11%
OFG	B	0.11%
NBHC	B	0.11%
KLIC	C	0.11%
CUBI	C	0.11%
CACC	F	0.11%
MYRG	C	0.11%
HAYW	B	0.11%
SGRY	F	0.11%
CNS	B	0.11%
APOG	B	0.11%
HLX	C	0.11%
AMSF	B	0.11%
VIAV	C	0.11%
RWT	D	0.11%
ZWS	B	0.11%
DCOM	A	0.11%
AZEK	B	0.11%
SCL	D	0.11%
HZO	F	0.11%
PSTG	F	0.11%
ZD	B	0.11%
GNL	D	0.11%
MIR	A	0.1%
BHLB	B	0.1%
MGRC	B	0.1%
NHC	B	0.1%
SYNA	D	0.1%
NOG	A	0.1%
CODI	A	0.1%
BRKL	B	0.1%
AWR	B	0.1%
SPTN	F	0.1%
SXC	A	0.1%
SMPL	B	0.1%
FBK	B	0.1%
TPG	A	0.1%
AGIO	C	0.1%
ESE	A	0.1%
PAGS	F	0.1%
BCPC	B	0.1%
ICFI	F	0.1%
NTGR	A	0.1%
CENX	A	0.1%
NPO	A	0.1%
UCTT	F	0.1%
LYFT	C	0.1%
CCO	D	0.1%
BANF	B	0.1%
AMC	D	0.1%
UIS	C	0.1%
GCI	D	0.1%
BRSP	C	0.1%
PTEN	C	0.1%
OLED	F	0.1%
CORT	C	0.1%
LANC	D	0.1%
MODG	F	0.1%
PRDO	B	0.1%
DLX	B	0.1%
HAIN	D	0.1%
HI	C	0.1%
PRAA	C	0.1%
FSS	B	0.1%
SBCF	B	0.1%
GFS	C	0.1%
AEIS	B	0.1%
HCSG	C	0.1%
BRBR	A	0.09%
LIVN	D	0.09%
PODD	B	0.09%
MNRO	C	0.09%
SAM	C	0.09%
AIR	B	0.09%
BALY	A	0.09%
AVNS	F	0.09%
VRE	A	0.09%
CWST	A	0.09%
COTY	F	0.09%
TRTX	B	0.09%
CNSL	B	0.09%
TOST	A	0.09%
CBZ	B	0.09%
SJW	F	0.09%
TDC	D	0.09%
DHT	D	0.09%
TMP	B	0.09%
RCM	A	0.09%
PLNT	A	0.09%
DT	C	0.09%
CMRE	B	0.09%
AIN	C	0.09%
WTTR	A	0.09%
FBRT	C	0.09%
VRTS	B	0.09%
AMCX	C	0.09%
ENV	B	0.09%
FWRD	D	0.09%
SUPN	B	0.09%
LTC	B	0.09%
DBRG	F	0.09%
ROG	D	0.09%
CTRE	C	0.09%
AZZ	A	0.09%
HAFC	A	0.09%
SAFT	B	0.09%
ASIX	C	0.09%
ROAD	A	0.09%
JBLU	F	0.09%
FBNC	B	0.09%
BUSE	B	0.09%
IBP	F	0.09%
SGBX	F	0.09%
PUMP	D	0.09%
OSIS	A	0.09%
CPK	A	0.09%
YETI	D	0.09%
PFC	B	0.08%
OPK	B	0.08%
VIR	F	0.08%
KOP	C	0.08%
CXT	C	0.08%
PRGS	B	0.08%
TRS	B	0.08%
NIC	B	0.08%
SLAB	F	0.08%
ROCK	D	0.08%
CHCO	B	0.08%
AMRC	F	0.08%
UVSP	B	0.08%
TREX	D	0.08%
RNA	C	0.08%
ADUS	D	0.08%
UPST	B	0.08%
CPF	B	0.08%
NVRI	F	0.08%
VTOL	B	0.08%
IESC	A	0.08%
HSII	B	0.08%
HLIO	C	0.08%
CHEF	B	0.08%
WABC	B	0.08%
JJSF	C	0.08%
KTOS	C	0.08%
AGM	B	0.08%
KN	B	0.08%
EXPO	D	0.08%
CLB	C	0.08%
CSR	A	0.08%
PLUG	F	0.08%
TCBK	B	0.08%
STEP	B	0.08%
GRBK	D	0.08%
CRWD	B	0.08%
RGEN	F	0.08%
CNDT	D	0.08%
TFIN	B	0.08%
SYBT	B	0.08%
CMPR	F	0.08%
BSY	D	0.08%
FRPT	A	0.08%
KOS	D	0.08%
EVRI	A	0.08%
CSWI	A	0.08%
HFWA	B	0.08%
CNOB	B	0.08%
U	F	0.08%
CPS	C	0.07%
LNTH	F	0.07%
MTUS	D	0.07%
SXI	B	0.07%
MTRN	C	0.07%
VAL	F	0.07%
LKFN	B	0.07%
SMP	C	0.07%
KRNT	B	0.07%
VMEO	B	0.07%
PLAB	D	0.07%
SRCE	B	0.07%
MBUU	C	0.07%
MP	C	0.07%
CVI	D	0.07%
RDUS	C	0.07%
CDNA	D	0.07%
YELP	C	0.07%
ACCO	B	0.07%
KODK	B	0.07%
DHC	F	0.07%
DDOG	A	0.07%
HALO	F	0.07%
OEC	C	0.07%
AOSL	C	0.07%
ZUMZ	C	0.07%
AAON	B	0.07%
AVAV	C	0.07%
POWI	D	0.07%
VTLE	C	0.07%
MTW	C	0.07%
REVG	B	0.07%
ONON	A	0.07%
AMBC	C	0.07%
EYE	C	0.07%
WING	D	0.07%
DCO	B	0.07%
DNLI	C	0.07%
NXRT	A	0.07%
RRR	F	0.07%
QTWO	B	0.07%
RKT	F	0.07%
ZI	D	0.07%
RGR	F	0.07%
GTY	A	0.07%
LGND	C	0.07%
HUBS	A	0.07%
KWR	D	0.07%
CAL	F	0.07%
HWKN	B	0.07%
DKNG	B	0.07%
KAI	B	0.07%
ASTH	F	0.07%
SIRI	D	0.07%
WASH	B	0.07%
MTSI	B	0.07%
VCTR	B	0.07%
MATW	C	0.07%
WHD	B	0.07%
NOVT	D	0.07%
TBBK	B	0.07%
GSL	F	0.07%
THRM	F	0.07%
GLDD	B	0.07%
PEBO	B	0.07%
QCRH	B	0.07%
BLKB	B	0.07%
BSIG	A	0.07%
VCYT	A	0.07%
CNMD	C	0.07%
REYN	D	0.07%
NTRA	A	0.07%
HLNE	A	0.07%
GNK	D	0.07%
WOW	C	0.07%
BMI	C	0.07%
SPNT	A	0.07%
FORM	F	0.07%
FMBH	B	0.06%
SVC	F	0.06%
KFRC	D	0.06%
CCSI	C	0.06%
PKST	F	0.06%
TEAM	A	0.06%
TREE	F	0.06%
INFN	D	0.06%
EXTR	C	0.06%
BBSI	B	0.06%
FFWM	C	0.06%
WOR	F	0.06%
FBMS	B	0.06%
KRNY	B	0.06%
PRLB	C	0.06%
NEO	C	0.06%
MEDP	D	0.06%
ASTE	C	0.06%
UVE	A	0.06%
ENPH	F	0.06%
ALG	C	0.06%
ETD	D	0.06%
PTVE	B	0.06%
FOXF	F	0.06%
HBNC	B	0.06%
INSW	F	0.06%
PJT	B	0.06%
OBK	B	0.06%
VSEC	B	0.06%
SONO	C	0.06%
UTL	C	0.06%
TEN	F	0.06%
AMRX	C	0.06%
MGNI	A	0.06%
OXM	F	0.06%
DFIN	D	0.06%
LXFR	B	0.06%
TDOC	D	0.06%
TRUP	B	0.06%
RYAN	B	0.06%
TPIC	F	0.06%
FLGT	F	0.06%
DRVN	B	0.06%
SNDL	F	0.06%
HTBK	B	0.06%
SITM	B	0.06%
MANH	D	0.06%
MRTN	C	0.06%
CMP	C	0.06%
CVLT	B	0.06%
TNC	F	0.06%
RXT	C	0.06%
GABC	B	0.06%
MLR	C	0.06%
RDFN	D	0.06%
FNKO	D	0.06%
ALKS	C	0.06%
WNC	C	0.06%
DBX	C	0.06%
PFBC	B	0.06%
MXL	C	0.05%
TNDM	F	0.05%
PLOW	D	0.05%
TSE	F	0.05%
GPRE	F	0.05%
PCVX	D	0.05%
MERC	F	0.05%
KE	C	0.05%
MCS	B	0.05%
FG	B	0.05%
HTLD	B	0.05%
CALX	D	0.05%
AHH	D	0.05%
SFIX	B	0.05%
CBL	A	0.05%
LGF.A	F	0.05%
TKO	A	0.05%
GES	F	0.05%
IHRT	B	0.05%
CMTG	D	0.05%
OSCR	C	0.05%
ACLS	F	0.05%
JBSS	F	0.05%
KNSL	B	0.05%
TRIP	F	0.05%
CVGW	D	0.05%
EGY	F	0.05%
EXPI	C	0.05%
ORRF	B	0.05%
GPOR	A	0.05%
SHYF	C	0.05%
VREX	C	0.05%
CTBI	B	0.05%
WRLD	D	0.05%
EVH	F	0.05%
THRY	F	0.05%
MRVI	F	0.05%
CAC	B	0.05%
NVEE	F	0.05%
EPAC	B	0.05%
PRVA	C	0.05%
PGC	A	0.05%
ICHR	C	0.05%
RKLB	B	0.05%
WSR	A	0.05%
DIN	C	0.05%
NWPX	A	0.05%
HY	D	0.05%
CFB	B	0.05%
CRAI	B	0.05%
CRSP	D	0.05%
CYBR	A	0.05%
IBCP	B	0.05%
NX	C	0.05%
PEN	B	0.05%
LPG	F	0.05%
SCVL	F	0.05%
GOOD	A	0.05%
ACRE	B	0.05%
SWBI	C	0.05%
COHU	D	0.05%
LOB	C	0.05%
FOUR	A	0.05%
ETSY	D	0.05%
MBWM	B	0.05%
TBI	F	0.05%
CMCO	C	0.05%
CNXN	D	0.05%
SHAK	C	0.05%
CWEN	C	0.05%
IPI	B	0.05%
TGI	A	0.05%
PLYA	B	0.05%
NTNX	B	0.05%
BRY	F	0.05%
RVMD	B	0.05%
PAYO	A	0.05%
VRRM	F	0.05%
UMH	A	0.05%
BANC	B	0.05%
MMI	B	0.05%
XPRO	F	0.05%
MCB	B	0.05%
PCTY	B	0.05%
ETWO	F	0.05%
S	B	0.05%
PAHC	B	0.05%
POWL	C	0.05%
WDFC	B	0.05%
CTS	C	0.05%
VRNT	D	0.05%
DX	A	0.05%
ARCO	F	0.05%
GEVO	D	0.05%
DOCS	C	0.05%
TRST	B	0.05%
RVLV	A	0.05%
EVTC	B	0.05%
CLW	F	0.05%
PLMR	A	0.04%
ONEW	F	0.04%
EE	A	0.04%
OLP	A	0.04%
LCID	F	0.04%
RIOT	C	0.04%
OSBC	B	0.04%
VRNS	D	0.04%
FOR	F	0.04%
NRIX	C	0.04%
BMBL	C	0.04%
NTST	D	0.04%
TIPT	B	0.04%
AMBA	B	0.04%
AROW	B	0.04%
MSBI	B	0.04%
PCRX	C	0.04%
HMST	D	0.04%
VZIO	A	0.04%
CTO	B	0.04%
DGII	B	0.04%
COLL	F	0.04%
IPAR	C	0.04%
ZEUS	C	0.04%
UFCS	A	0.04%
SGHC	A	0.04%
AMTB	B	0.04%
USPH	C	0.04%
PNTG	D	0.04%
CSV	B	0.04%
VNDA	C	0.04%
SB	D	0.04%
AORT	B	0.04%
BE	A	0.04%
CIO	F	0.04%
ANET	C	0.04%
EFC	C	0.04%
MMYT	B	0.04%
WOLF	F	0.04%
IRBT	F	0.04%
LILA	F	0.04%
INMD	C	0.04%
FA	D	0.04%
TWST	F	0.04%
GMRE	F	0.04%
IIIN	D	0.04%
FLIC	B	0.04%
FF	F	0.04%
RAMP	C	0.04%
UFPT	C	0.04%
MYGN	F	0.04%
GRC	B	0.04%
WIX	A	0.04%
IDT	B	0.04%
ZETA	D	0.04%
MTRX	B	0.04%
NVAX	F	0.04%
MCRI	A	0.04%
FFIC	B	0.04%
MEI	F	0.04%
USNA	C	0.04%
FIZZ	B	0.04%
SMAR	A	0.04%
ALHC	C	0.04%
MQ	F	0.04%
OFIX	B	0.04%
HVT	F	0.04%
LSCC	D	0.04%
IONS	F	0.04%
IMAX	A	0.04%
BY	B	0.04%
HCP	B	0.04%
THR	B	0.04%
DAKT	A	0.04%
CLDT	C	0.04%
JRVR	F	0.04%
RPAY	D	0.04%
THFF	B	0.04%
GKOS	A	0.04%
AVO	B	0.04%
NCNO	B	0.04%
REX	D	0.04%
QNST	C	0.04%
QLYS	C	0.04%
DNUT	F	0.04%
SPSC	F	0.04%
KRO	F	0.04%
TDW	F	0.04%
MSTR	A	0.04%
MSEX	B	0.04%
LMND	A	0.04%
GDEN	B	0.04%
AIV	C	0.04%
WT	A	0.04%
DHIL	A	0.04%
ZIMV	F	0.04%
RMBS	C	0.04%
BJRI	C	0.04%
TITN	D	0.04%
TPB	A	0.04%
EBF	D	0.04%
ALRM	C	0.04%
MSGE	F	0.04%
OIS	C	0.04%
RBLX	B	0.04%
RNG	C	0.04%
LNN	B	0.04%
LMB	A	0.04%
MSGS	B	0.03%
JOE	F	0.03%
MNDY	D	0.03%
ADPT	C	0.03%
ELF	C	0.03%
FMNB	B	0.03%
SGMO	C	0.03%
SMBK	B	0.03%
LGF.A	F	0.03%
ITRN	C	0.03%
ITOS	F	0.03%
UTZ	D	0.03%
RBBN	B	0.03%
AGL	F	0.03%
DOUG	B	0.03%
HIMS	C	0.03%
LFST	C	0.03%
QS	D	0.03%
PKOH	B	0.03%
OSPN	B	0.03%
FARO	B	0.03%
INSP	F	0.03%
NUVB	C	0.03%
RDWR	A	0.03%
RNW	D	0.03%
LOVE	A	0.03%
GIC	F	0.03%
ANGO	C	0.03%
WLDN	C	0.03%
RBB	B	0.03%
LESL	C	0.03%
AXNX	A	0.03%
TWI	F	0.03%
DSX	F	0.03%
LE	D	0.03%
NKTR	F	0.03%
NBN	B	0.03%
CERT	F	0.03%
QRTEA	F	0.03%
NAPA	A	0.03%
XENE	D	0.03%
TBRG	A	0.03%
KRYS	C	0.03%
CAAP	A	0.03%
SMBC	B	0.03%
HLIT	D	0.03%
TG	C	0.03%
BBW	B	0.03%
MYE	F	0.03%
QURE	C	0.03%
NPK	C	0.03%
SRPT	F	0.03%
MODV	D	0.03%
HRTG	C	0.03%
BMRC	A	0.03%
SPWH	F	0.03%
ORGN	D	0.03%
CCBG	B	0.03%
ALGT	C	0.03%
AMPH	F	0.03%
ATRC	C	0.03%
VECO	F	0.03%
CRMT	F	0.03%
SWIM	D	0.03%
AI	B	0.03%
BFC	B	0.03%
NTLA	F	0.03%
DDD	C	0.03%
RILY	F	0.03%
REPL	C	0.03%
IGIC	A	0.03%
RES	F	0.03%
HIFS	B	0.03%
SKWD	A	0.03%
ACVA	A	0.03%
SSTK	F	0.03%
ASC	D	0.03%
PAR	A	0.03%
UHT	D	0.03%
PCOR	C	0.03%
LMAT	A	0.03%
ALX	D	0.03%
ALNY	D	0.03%
XNCR	B	0.03%
AUR	C	0.03%
TTI	B	0.03%
NGVC	A	0.03%
CRVL	A	0.03%
RMAX	D	0.03%
CCB	A	0.03%
FISI	B	0.03%
AMAL	B	0.03%
MCFT	C	0.03%
BAND	D	0.03%
RGP	F	0.03%
VVI	B	0.03%
BOX	B	0.03%
GPRO	F	0.03%
BLBD	F	0.03%
CPRX	C	0.03%
PETS	C	0.03%
PCT	C	0.03%
MDB	C	0.03%
EHTH	C	0.03%
BPMC	C	0.03%
ACMR	F	0.03%
EQBK	B	0.03%
RBCAA	B	0.03%
ADV	C	0.03%
BFS	C	0.03%
OPI	F	0.03%
PLCE	C	0.03%
GSM	C	0.03%
REI	F	0.03%
MED	F	0.03%
TGLS	B	0.03%
GPMT	B	0.03%
AGS	A	0.03%
FLWS	D	0.03%
HAYN	A	0.03%
NAT	F	0.03%
CCNE	B	0.03%
NVGS	C	0.03%
ALTR	B	0.03%
ITCI	B	0.03%
CLNE	F	0.03%
CARS	C	0.03%
TFSL	A	0.03%
GSBC	B	0.03%
APEI	B	0.03%
PACK	C	0.03%
RMR	F	0.03%
NVCR	D	0.03%
SSYS	C	0.03%
DVAX	C	0.03%
FCBC	B	0.03%
SHC	D	0.03%
WTI	F	0.03%
BW	C	0.03%
NET	B	0.03%
PLYM	F	0.03%
PATH	C	0.03%
ARKO	D	0.03%
BFST	B	0.03%
SHEN	F	0.03%
USAP	A	0.03%
GPRK	C	0.03%
ILPT	D	0.03%
FVRR	B	0.02%
ASPN	F	0.02%
RM	D	0.02%
DV	C	0.02%
SLQT	B	0.02%
PKE	B	0.02%
FROG	C	0.02%
LYEL	F	0.02%
STHO	F	0.02%
IBEX	A	0.02%
CRSR	D	0.02%
ESQ	B	0.02%
ARRY	F	0.02%
FRBA	C	0.02%
YEXT	B	0.02%
SPOK	B	0.02%
YOU	D	0.02%
TRC	F	0.02%
PINE	D	0.02%
IIIV	B	0.02%
RLAY	F	0.02%
RCKY	F	0.02%
GCMG	A	0.02%
IRWD	F	0.02%
BOC	D	0.02%
TSVT	F	0.02%
KYMR	C	0.02%
FSTR	B	0.02%
NABL	F	0.02%
FOSL	C	0.02%
PLPC	B	0.02%
CTKB	C	0.02%
VRA	D	0.02%
GTLB	B	0.02%
RELL	B	0.02%
MCW	C	0.02%
LASR	D	0.02%
HOFT	C	0.02%
UTI	A	0.02%
AFYA	F	0.02%
NEWT	B	0.02%
DGICA	A	0.02%
FUNC	A	0.02%
JAMF	F	0.02%
FLYW	B	0.02%
DXLG	D	0.02%
GTX	F	0.02%
AFCG	D	0.02%
ERII	D	0.02%
MITT	D	0.02%
YORW	D	0.02%
BHR	C	0.02%
VLGEA	C	0.02%
MCBS	B	0.02%
VPG	F	0.02%
OPRT	B	0.02%
CEVA	A	0.02%
GDYN	C	0.02%
ARTNA	F	0.02%
MEG	F	0.02%
ZS	B	0.02%
NARI	C	0.02%
NOVA	F	0.02%
MLNK	C	0.02%
CZFS	A	0.02%
TTGT	B	0.02%
LGTY	B	0.02%
ANIP	D	0.02%
FUBO	F	0.02%
PL	A	0.02%
GRPN	F	0.02%
OLO	B	0.02%
INFA	D	0.02%
UNTY	B	0.02%
CDMO	A	0.02%
LMNR	C	0.02%
ESTC	C	0.02%
MEC	F	0.02%
SBR	B	0.02%
RRGB	C	0.02%
SEER	B	0.02%
JAKK	C	0.02%
RMBL	B	0.02%
MPB	B	0.02%
HCI	C	0.02%
DCGO	B	0.02%
CRNX	C	0.02%
OSW	B	0.02%
HNRG	A	0.02%
ALTO	F	0.02%
LINC	C	0.02%
BLFS	D	0.02%
HSTM	A	0.02%
SPFI	B	0.02%
CFLT	B	0.02%
AKRO	C	0.02%
TENB	D	0.02%
NGS	A	0.02%
PYCR	C	0.02%
CLBK	C	0.02%
MOFG	B	0.02%
HCAT	C	0.02%
JOUT	F	0.02%
PANL	F	0.02%
MUX	D	0.02%
IREN	C	0.02%
MGPI	F	0.02%
PUBM	D	0.02%
HEAR	C	0.02%
ATEN	A	0.02%
SGC	C	0.02%
ATNI	F	0.02%
RARE	F	0.02%
PTCT	C	0.02%
SAVE	F	0.02%
DESP	A	0.02%
GENI	B	0.02%
ASRT	D	0.02%
ALTG	C	0.02%
PTLO	F	0.02%
RCUS	F	0.02%
ARLO	C	0.02%
VITL	F	0.02%
CGNT	C	0.02%
BEAM	C	0.02%
FIGS	F	0.02%
FRST	B	0.02%
CARE	B	0.02%
CTRN	F	0.02%
VICR	C	0.02%
MOV	D	0.02%
SD	F	0.02%
NRIM	A	0.02%
REAL	B	0.02%
ATRO	F	0.02%
ROIV	D	0.02%
CSTL	C	0.02%
BARK	C	0.02%
LYTS	A	0.02%
FSLY	F	0.02%
TWKS	B	0.02%
FRHC	A	0.02%
GASS	D	0.02%
ALRS	C	0.02%
SHBI	B	0.02%
FRSH	C	0.02%
ULH	B	0.02%
EGHT	C	0.02%
MLAB	F	0.02%
HTBI	A	0.02%
GLBE	A	0.02%
INGN	C	0.02%
PEGA	B	0.02%
WRBY	A	0.02%
AUPH	C	0.02%
STAA	F	0.02%
IOVA	F	0.02%
RNGR	A	0.02%
FSP	C	0.02%
LAND	F	0.02%
FLXS	B	0.02%
ACNB	B	0.02%
SFST	B	0.02%
APPS	F	0.02%
SIGA	F	0.02%
SSP	F	0.02%
CVEO	D	0.02%
DUOL	A	0.02%
MBIN	F	0.02%
SWI	B	0.02%
ACEL	C	0.02%
UPWK	C	0.02%
BELFB	D	0.02%
BWB	B	0.02%
DFH	F	0.02%
CECO	C	0.02%
CASS	B	0.02%
INBK	B	0.02%
ALGM	F	0.02%
GLRE	B	0.02%
CHCT	C	0.02%
BHB	B	0.02%
AMPS	C	0.01%
INDI	C	0.01%
NDLS	F	0.01%
ARCT	F	0.01%
DLO	C	0.01%
FATE	F	0.01%
NOTV	D	0.01%
EDIT	F	0.01%
BPT	F	0.01%
DH	F	0.01%
FCEL	B	0.01%
PRTS	C	0.01%
ACCD	F	0.01%
RXRX	D	0.01%
KLXE	C	0.01%
SEG	B	0.01%
AVNW	F	0.01%
LPSN	F	0.01%
NINE	C	0.01%
VERV	D	0.01%
HDSN	F	0.01%
POWW	D	0.01%
PBPB	C	0.01%
PRPL	F	0.01%
NVRO	F	0.01%
BRZE	C	0.01%
IDYA	F	0.01%
CYRX	F	0.01%
CLDX	F	0.01%
BBCP	F	0.01%
NRC	F	0.01%
RCKT	F	0.01%
LCUT	F	0.01%
NFE	F	0.01%
CVGI	F	0.01%
UPLD	B	0.01%
CXM	C	0.01%
CRNC	F	0.01%
MYPS	C	0.01%
CCCC	F	0.01%
CHPT	F	0.01%
MITK	D	0.01%
ENVX	F	0.01%
CDLX	D	0.01%
ARVN	F	0.01%
RPD	C	0.01%
FET	D	0.01%
SDGR	C	0.01%
FOLD	F	0.01%
CWCO	C	0.01%
KOD	B	0.01%
GROY	F	0.01%
JOBY	B	0.01%
SHLS	F	0.01%
AAOI	A	0.01%
IHS	D	0.01%
OABI	D	0.01%
NNBR	C	0.01%
ALLO	F	0.01%
QTRX	D	0.01%
PGNY	F	0.01%
MPAA	B	0.01%
WK	C	0.01%
METC	C	0.01%
PACB	D	0.01%
VTYX	F	0.01%
TLYS	F	0.01%
BWMX	F	0.01%
XPEL	C	0.01%
NATR	B	0.01%
TH	C	0.01%
FC	F	0.01%
SKLZ	F	0.01%
TXG	F	0.01%
MVBF	C	0.01%
ACDC	C	0.01%
BGFV	F	0.01%
NRDS	C	0.01%
AJX	F	0.01%
ASLE	C	0.01%
KIDS	F	0.01%
CLAR	D	0.01%
PLRX	D	0.01%
NKSH	C	0.01%
TCMD	B	0.01%
EVC	C	0.01%
APPF	C	0.01%
VCEL	B	0.01%
IAS	D	0.01%
MARA	C	0.01%
EWCZ	D	0.01%
EPM	A	0.01%
ORGO	B	0.01%
PSTL	D	0.01%
FORR	D	0.01%
FLL	F	0.01%
SILC	C	0.01%
CDRE	F	0.01%
PHR	F	0.01%
FRPH	A	0.01%
CELH	F	0.01%
TRNS	F	0.01%
CMT	F	0.01%
SMHI	F	0.01%
CHMI	F	0.01%
FIVN	C	0.01%
RRBI	B	0.01%
JBI	F	0.01%
OLPX	D	0.01%
FLNC	C	0.01%
FWRG	C	0.01%
ARAY	D	0.01%
ODC	C	0.01%
BLDE	C	0.01%
ANIK	F	0.01%
MG	D	0.01%
JILL	D	0.01%
SLDP	F	0.01%
CRNT	B	0.01%
PRTA	F	0.01%
UDMY	D	0.01%
TTEC	F	0.01%
PAX	C	0.01%
ULCC	D	0.01%
SWTX	C	0.01%
UFI	F	0.01%
ZGN	D	0.01%
WW	F	0.01%
LEGH	D	0.01%
BRT	A	0.01%
INSE	B	0.01%
ARWR	D	0.01%
WINA	B	0.01%
PD	C	0.01%
KURA	F	0.01%
SAGE	F	0.01%
BOOM	F	0.01%
MFIN	B	0.01%
TCX	F	0.01%
UEC	A	0.01%
SRI	F	0.01%
IRTC	C	0.01%
GNE	F	0.01%
OBT	B	0.01%
HRMY	F	0.01%
GRNT	B	0.01%
XMTR	C	0.01%
BLFY	A	0.01%
PFIS	A	0.01%
COFS	A	0.01%
ENTA	F	0.01%
QUAD	B	0.01%
CTOS	B	0.01%
ACAD	C	0.01%
OSUR	F	0.01%
CMTL	F	0.01%
AVD	C	0.01%
COUR	F	0.01%
HBT	B	0.01%
RICK	C	0.01%
ALCO	D	0.01%
GOGO	C	0.01%
ZUO	B	0.01%
TRUE	C	0.01%
RGNX	D	0.01%
FSBW	B	0.01%
CLFD	F	0.01%
BL	C	0.01%
OM	D	0.0%
SPCE	D	0.0%
STEM	F	0.0%
ZNTL	D	0.0%
DNMR	F	0.0%
CRBU	D	0.0%
BELFA	D	0.0%

PRFZ Underweight 115 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	A	-5.39%
TMUS	B	-5.38%
CMCSA	B	-4.96%
JNJ	D	-4.53%
LMT	D	-4.38%
FI	A	-3.94%
DE	C	-3.51%
HCA	F	-2.97%
PYPL	B	-2.76%
MCK	A	-2.58%
MAR	B	-2.57%
ORLY	B	-2.3%
CSX	C	-2.27%
HLT	A	-1.98%
AFL	C	-1.97%
MET	A	-1.85%
AZO	C	-1.73%
PSX	C	-1.72%
MPC	D	-1.67%
VST	A	-1.59%
AIG	C	-1.58%
DFS	B	-1.43%
VLO	C	-1.42%
VRSK	B	-1.32%
DD	D	-1.14%
HIG	B	-1.12%
CNC	F	-1.03%
CAH	B	-0.95%
STT	B	-0.92%
PHM	D	-0.9%
GDDY	A	-0.82%
SYF	B	-0.82%
STLD	B	-0.75%
EXPE	B	-0.73%
BLDR	D	-0.68%
CSL	C	-0.68%
CFG	B	-0.67%
L	A	-0.59%
EXPD	D	-0.55%
TXT	D	-0.53%
TOL	B	-0.52%
THC	C	-0.51%
EQH	B	-0.49%
JEF	A	-0.48%
CACI	C	-0.41%
MGM	D	-0.36%
PAG	B	-0.35%
MUSA	A	-0.35%
FOXA	B	-0.33%
PRI	A	-0.33%
ORI	A	-0.31%
HRB	D	-0.27%
CNM	C	-0.27%
DINO	D	-0.26%
WH	B	-0.25%
BERY	D	-0.25%
WSC	F	-0.24%
R	B	-0.23%
MTN	C	-0.22%
BYD	B	-0.22%
MTG	D	-0.21%
ARW	F	-0.21%
COOP	B	-0.21%
AN	D	-0.21%
RH	D	-0.2%
KBH	D	-0.2%
CNX	A	-0.19%
PVH	C	-0.19%
GPI	B	-0.18%
AMG	C	-0.18%
BC	D	-0.18%
NSIT	F	-0.18%
CRC	B	-0.17%
ABG	B	-0.17%
OLN	F	-0.17%
NXST	C	-0.17%
SM	C	-0.16%
SLM	B	-0.16%
EEFT	C	-0.15%
ASGN	F	-0.14%
DXC	D	-0.13%
SLVM	C	-0.13%
ASH	F	-0.13%
HP	C	-0.12%
ASO	F	-0.12%
BTU	B	-0.12%
WU	F	-0.12%
TNL	B	-0.12%
CAR	C	-0.11%
VAC	C	-0.11%
ATKR	D	-0.11%
HUN	F	-0.11%
GNW	A	-0.1%
BHF	B	-0.1%
PK	D	-0.1%
AMR	C	-0.1%
TGNA	B	-0.1%
DEI	B	-0.1%
SEB	F	-0.08%
SPB	C	-0.08%
JBGS	F	-0.05%
NAVI	F	-0.05%
AMN	F	-0.04%
XRX	F	-0.04%
DK	D	-0.04%
ODP	F	-0.03%
HTZ	C	-0.03%
OPY	B	-0.02%
ANAB	F	-0.02%
SKIN	C	-0.01%
MBI	B	-0.01%
ZYXI	D	-0.01%
LWAY	C	-0.01%
TASK	C	-0.01%
TBPH	B	-0.01%