PTLC vs. PBUS ETF Comparison

Comparison of Pacer Trendpilot 750 ETF (PTLC) to Invesco PureBeta MSCI USA ETF (PBUS)

PTLC

Pacer Trendpilot 750 ETF

PTLC Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Wilshire US Large-Cap Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.38

Average Daily Volume

153,479

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description

The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$56.29

Average Daily Volume

90,617

Number of Holdings ^*

580

* may have additional holdings in another (foreign) market

Performance

Period	PTLC	PBUS
30 Days	1.48%	1.58%
60 Days	1.74%	1.85%
90 Days	2.78%	3.09%
12 Months	24.11%	28.48%

479 Overlapping Holdings

	Symbol	Grade	Weight in PTLC	Weight in PBUS	Overlap
	A	C	0.09%	0.08%	0.08%
	AAPL	D	6.86%	6.7%	6.7%
	ABBV	B	0.75%	0.74%	0.74%
	ABNB	D	0.11%	0.11%	0.11%
	ABT	B	0.43%	0.43%	0.43%
	ACGL	A	0.09%	0.09%	0.09%
	ACN	C	0.46%	0.46%	0.46%
	ADBE	D	0.55%	0.53%	0.53%
	ADI	D	0.24%	0.23%	0.23%
	ADM	D	0.07%	0.06%	0.06%
	ADP	A	0.24%	0.24%	0.24%
	ADSK	B	0.12%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	A	0.11%	0.11%	0.11%
	AES	C	0.02%	0.02%	0.02%
	AFL	B	0.12%	0.12%	0.12%
	AIG	D	0.11%	0.1%	0.1%
	AIZ	C	0.02%	0.02%	0.02%
	AJG	A	0.14%	0.14%	0.14%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	D	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.11%	0.1%	0.1%
	ALLE	A	0.03%	0.03%	0.03%
	AMAT	D	0.32%	0.31%	0.31%
	AMCR	B	0.04%	0.03%	0.03%
	AMD	D	0.49%	0.48%	0.48%
	AME	D	0.08%	0.08%	0.08%
	AMGN	B	0.38%	0.37%	0.37%
	AMP	B	0.09%	0.09%	0.09%
	AMT	B	0.23%	0.24%	0.23%
	AMZN	C	3.42%	3.51%	3.42%
	ANET	C	0.18%	0.18%	0.18%
	ANSS	D	0.06%	0.06%	0.06%
	AON	B	0.16%	0.14%	0.14%
	AOS	D	0.02%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APD	B	0.13%	0.13%	0.13%
	APH	D	0.16%	0.15%	0.15%
	APTV	F	0.04%	0.04%	0.04%
	ARE	B	0.04%	0.04%	0.04%
	ATO	A	0.04%	0.04%	0.04%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	C	1.44%	1.37%	1.37%
	AVY	B	0.04%	0.04%	0.04%
	AWK	A	0.06%	0.06%	0.06%
	AXON	A	0.05%	0.05%	0.05%
	AXP	B	0.31%	0.3%	0.3%
	AZO	C	0.11%	0.11%	0.11%
	BA	F	0.2%	0.2%	0.2%
	BAC	D	0.59%	0.58%	0.58%
	BALL	C	0.04%	0.04%	0.04%
	BAX	C	0.04%	0.04%	0.04%
	BBWI	F	0.01%	0.01%	0.01%
	BBY	B	0.04%	0.04%	0.04%
	BDX	D	0.15%	0.14%	0.14%
	BEN	D	0.01%	0.01%	0.01%
	BG	F	0.03%	0.03%	0.03%
	BIIB	F	0.06%	0.06%	0.06%
	BIO	C	0.02%	0.01%	0.01%
	BK	A	0.11%	0.1%	0.1%
	BKNG	B	0.28%	0.27%	0.27%
	BKR	D	0.07%	0.07%	0.07%
	BLDR	C	0.05%	0.04%	0.04%
	BLK	A	0.27%	0.27%	0.27%
	BMY	C	0.22%	0.21%	0.21%
	BR	B	0.05%	0.05%	0.05%
	BRK.A	C	1.86%	1.27%	1.27%
	BRO	B	0.05%	0.05%	0.05%
	BSX	B	0.26%	0.26%	0.26%
	BX	A	0.21%	0.21%	0.21%
	BXP	A	0.02%	0.02%	0.02%
	C	D	0.25%	0.23%	0.23%
	CAG	B	0.03%	0.03%	0.03%
	CAH	B	0.06%	0.06%	0.06%
	CARR	A	0.13%	0.12%	0.12%
	CAT	C	0.35%	0.34%	0.34%
	CB	B	0.25%	0.23%	0.23%
	CBOE	B	0.05%	0.05%	0.05%
	CBRE	B	0.08%	0.08%	0.08%
	CCI	B	0.11%	0.11%	0.11%
	CCL	C	0.04%	0.03%	0.03%
	CDNS	D	0.15%	0.15%	0.15%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.03%	0.03%
	CEG	C	0.12%	0.12%	0.12%
	CF	C	0.03%	0.03%	0.03%
	CFG	C	0.04%	0.04%	0.04%
	CHD	B	0.06%	0.05%	0.05%
	CHRW	C	0.03%	0.02%	0.02%
	CHTR	D	0.07%	0.06%	0.06%
	CI	B	0.23%	0.21%	0.21%
	CINF	B	0.05%	0.04%	0.04%
	CL	C	0.19%	0.17%	0.17%
	CLX	B	0.04%	0.04%	0.04%
	CMCSA	D	0.32%	0.32%	0.32%
	CME	B	0.17%	0.16%	0.16%
	CMG	C	0.15%	0.16%	0.15%
	CMI	C	0.09%	0.08%	0.08%
	CMS	A	0.04%	0.04%	0.04%
	CNC	C	0.09%	0.08%	0.08%
	CNP	C	0.04%	0.04%	0.04%
	COF	D	0.12%	0.11%	0.11%
	COP	F	0.27%	0.25%	0.25%
	COST	B	0.85%	0.83%	0.83%
	CPAY	C	0.05%	0.04%	0.04%
	CPB	B	0.02%	0.02%	0.02%
	CPRT	F	0.1%	0.09%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	D	0.02%	0.02%	0.02%
	CRM	D	0.52%	0.5%	0.5%
	CRWD	D	0.13%	0.12%	0.12%
	CSCO	C	0.43%	0.41%	0.41%
	CSGP	D	0.07%	0.07%	0.07%
	CSX	D	0.14%	0.14%	0.14%
	CTAS	B	0.15%	0.16%	0.15%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	F	0.04%	0.04%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	B	0.09%	0.08%	0.08%
	CVS	D	0.16%	0.15%	0.15%
	CVX	D	0.52%	0.51%	0.51%
	D	B	0.1%	0.1%	0.1%
	DAL	C	0.06%	0.01%	0.01%
	DAY	C	0.02%	0.02%	0.02%
	DD	B	0.08%	0.07%	0.07%
	DE	B	0.22%	0.21%	0.21%
	DECK	C	0.05%	0.05%	0.05%
	DFS	C	0.07%	0.07%	0.07%
	DG	F	0.04%	0.04%	0.04%
	DGX	B	0.04%	0.04%	0.04%
	DHI	B	0.12%	0.12%	0.12%
	DHR	B	0.37%	0.38%	0.37%
	DIS	D	0.35%	0.34%	0.34%
	DLR	A	0.1%	0.11%	0.1%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	B	0.03%	0.03%	0.03%
	DOV	B	0.05%	0.05%	0.05%
	DOW	F	0.08%	0.07%	0.07%
	DPZ	D	0.03%	0.03%	0.03%
	DRI	C	0.04%	0.04%	0.04%
	DTE	A	0.06%	0.05%	0.05%
	DUK	B	0.2%	0.19%	0.19%
	DVA	A	0.02%	0.02%	0.02%
	DVN	F	0.06%	0.05%	0.05%
	DXCM	F	0.06%	0.06%	0.06%
	EA	C	0.08%	0.08%	0.08%
	EBAY	A	0.06%	0.06%	0.06%
	ECL	A	0.14%	0.13%	0.13%
	ED	B	0.08%	0.08%	0.08%
	EFX	B	0.08%	0.08%	0.08%
	EG	B	0.04%	0.03%	0.03%
	EIX	B	0.07%	0.07%	0.07%
	EL	F	0.05%	0.04%	0.04%
	ELV	B	0.27%	0.26%	0.26%
	EMN	A	0.03%	0.02%	0.02%
	EMR	D	0.12%	0.12%	0.12%
	ENPH	D	0.03%	0.03%	0.03%
	EOG	D	0.15%	0.14%	0.14%
	EPAM	D	0.03%	0.02%	0.02%
	EQIX	B	0.17%	0.17%	0.17%
	EQR	B	0.06%	0.05%	0.05%
	EQT	D	0.03%	0.04%	0.03%
	ES	B	0.05%	0.05%	0.05%
	ESS	A	0.04%	0.04%	0.04%
	ETN	C	0.25%	0.24%	0.24%
	ETR	A	0.06%	0.05%	0.05%
	EVRG	A	0.03%	0.03%	0.03%
	EW	D	0.09%	0.08%	0.08%
	EXC	A	0.08%	0.08%	0.08%
	EXPD	D	0.04%	0.04%	0.04%
	EXPE	C	0.04%	0.04%	0.04%
	EXR	A	0.08%	0.08%	0.08%
	F	D	0.09%	0.08%	0.08%
	FANG	F	0.07%	0.06%	0.06%
	FAST	C	0.08%	0.08%	0.08%
	FCX	D	0.13%	0.12%	0.12%
	FDS	C	0.04%	0.03%	0.03%
	FDX	C	0.14%	0.14%	0.14%
	FE	B	0.05%	0.05%	0.05%
	FFIV	A	0.03%	0.02%	0.02%
	FICO	A	0.09%	0.09%	0.09%
	FIS	A	0.1%	0.1%	0.1%
	FITB	B	0.06%	0.06%	0.06%
	FOX	C	0.01%	0.01%	0.01%
	FOXA	C	0.02%	0.02%	0.02%
	FSLR	D	0.05%	0.04%	0.04%
	FTNT	B	0.1%	0.1%	0.1%
	FTV	C	0.05%	0.05%	0.05%
	GD	B	0.14%	0.15%	0.14%
	GDDY	D	0.05%	0.04%	0.04%
	GE	A	0.39%	0.38%	0.38%
	GEHC	C	0.08%	0.08%	0.08%
	GEV	B	0.12%	0.12%	0.12%
	GILD	B	0.21%	0.21%	0.21%
	GIS	B	0.09%	0.09%	0.09%
	GLW	C	0.07%	0.07%	0.07%
	GM	C	0.12%	0.11%	0.11%
	GOOG	D	1.65%	1.58%	1.58%
	GOOGL	D	1.97%	1.82%	1.82%
	GPC	D	0.04%	0.04%	0.04%
	GPN	C	0.06%	0.06%	0.06%
	GRMN	D	0.06%	0.06%	0.06%
	GS	D	0.34%	0.31%	0.31%
	GWW	B	0.09%	0.09%	0.09%
	HAL	F	0.06%	0.05%	0.05%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	A	0.16%	0.16%	0.16%
	HD	B	0.78%	0.77%	0.77%
	HES	F	0.08%	0.07%	0.07%
	HIG	B	0.08%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HLT	B	0.11%	0.11%	0.11%
	HOLX	B	0.04%	0.04%	0.04%
	HON	D	0.29%	0.27%	0.27%
	HPE	F	0.05%	0.04%	0.04%
	HPQ	D	0.07%	0.07%	0.07%
	HRL	C	0.02%	0.02%	0.02%
	HSIC	D	0.02%	0.02%	0.02%
	HST	D	0.03%	0.02%	0.02%
	HSY	B	0.06%	0.06%	0.06%
	HUBB	B	0.04%	0.04%	0.04%
	HUM	F	0.1%	0.09%	0.09%
	HWM	B	0.08%	0.08%	0.08%
	IBM	A	0.4%	0.39%	0.39%
	ICE	B	0.2%	0.19%	0.19%
	IDXX	C	0.09%	0.09%	0.09%
	IEX	D	0.03%	0.03%	0.03%
	IFF	B	0.06%	0.05%	0.05%
	INCY	C	0.03%	0.02%	0.02%
	INTC	F	0.18%	0.17%	0.17%
	INTU	C	0.37%	0.37%	0.37%
	INVH	B	0.05%	0.05%	0.05%
	IP	B	0.04%	0.03%	0.03%
	IPG	C	0.03%	0.02%	0.02%
	IQV	C	0.1%	0.09%	0.09%
	IR	D	0.08%	0.07%	0.07%
	IRM	A	0.07%	0.07%	0.07%
	ISRG	B	0.36%	0.36%	0.36%
	IT	B	0.08%	0.08%	0.08%
	ITW	B	0.14%	0.15%	0.14%
	J	D	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.03%	0.03%
	JBL	D	0.03%	0.03%	0.03%
	JCI	B	0.1%	0.1%	0.1%
	JKHY	A	0.03%	0.03%	0.03%
	JNJ	B	0.86%	0.84%	0.84%
	JNPR	B	0.03%	0.03%	0.03%
	JPM	D	1.35%	1.23%	1.23%
	K	A	0.05%	0.05%	0.05%
	KDP	B	0.08%	0.08%	0.08%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.06%	0.05%	0.05%
	KHC	C	0.06%	0.07%	0.06%
	KIM	B	0.03%	0.03%	0.03%
	KKR	B	0.17%	0.15%	0.15%
	KLAC	D	0.21%	0.2%	0.2%
	KMB	C	0.11%	0.1%	0.1%
	KMI	B	0.09%	0.09%	0.09%
	KMX	D	0.03%	0.03%	0.03%
	KO	B	0.6%	0.61%	0.6%
	KR	B	0.08%	0.07%	0.07%
	KVUE	B	0.09%	0.09%	0.09%
	L	C	0.03%	0.03%	0.03%
	LDOS	B	0.05%	0.04%	0.04%
	LEN	B	0.1%	0.09%	0.09%
	LHX	C	0.1%	0.09%	0.09%
	LIN	B	0.49%	0.47%	0.47%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	C	1.62%	1.52%	1.52%
	LMT	B	0.27%	0.26%	0.26%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.3%	0.29%	0.29%
	LRCX	F	0.22%	0.2%	0.2%
	LULU	D	0.06%	0.06%	0.06%
	LUV	C	0.04%	0.01%	0.01%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	F	0.05%	0.05%	0.05%
	LYV	C	0.03%	0.03%	0.03%
	MA	A	0.86%	0.85%	0.85%
	MAA	A	0.04%	0.04%	0.04%
	MAR	D	0.12%	0.12%	0.12%
	MAS	B	0.04%	0.04%	0.04%
	MCD	B	0.44%	0.44%	0.44%
	MCHP	D	0.09%	0.08%	0.08%
	MCK	F	0.16%	0.14%	0.14%
	MCO	B	0.16%	0.17%	0.16%
	MDLZ	B	0.22%	0.21%	0.21%
	MDT	B	0.26%	0.24%	0.24%
	MET	B	0.1%	0.1%	0.1%
	META	B	2.41%	2.31%	2.31%
	MGM	D	0.02%	0.02%	0.02%
	MKC	B	0.04%	0.04%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	D	0.07%	0.07%	0.07%
	MMC	A	0.25%	0.24%	0.24%
	MMM	A	0.16%	0.15%	0.15%
	MNST	C	0.07%	0.08%	0.07%
	MO	C	0.2%	0.19%	0.19%
	MOH	C	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	F	0.13%	0.12%	0.12%
	MPWR	C	0.09%	0.09%	0.09%
	MRK	D	0.63%	0.61%	0.61%
	MRNA	F	0.05%	0.05%	0.05%
	MRO	D	0.04%	0.03%	0.03%
	MS	D	0.27%	0.25%	0.25%
	MSCI	C	0.1%	0.09%	0.09%
	MSFT	C	6.54%	6.11%	6.11%
	MSI	B	0.16%	0.15%	0.15%
	MTB	B	0.06%	0.06%	0.06%
	MTCH	C	0.02%	0.02%	0.02%
	MTD	D	0.06%	0.06%	0.06%
	MU	F	0.21%	0.2%	0.2%
	NDAQ	B	0.06%	0.06%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	B	0.36%	0.35%	0.35%
	NEM	B	0.13%	0.12%	0.12%
	NFLX	B	0.63%	0.61%	0.61%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.21%	0.2%	0.2%
	NOC	B	0.16%	0.15%	0.15%
	NOW	B	0.37%	0.37%	0.37%
	NRG	C	0.04%	0.03%	0.03%
	NSC	C	0.13%	0.12%	0.12%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	B	0.04%	0.04%	0.04%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	D	5.63%	5.55%	5.55%
	NVR	B	0.06%	0.06%	0.06%
	NWSA	D	0.02%	0.02%	0.02%
	NXPI	F	0.13%	0.12%	0.12%
	O	B	0.12%	0.11%	0.11%
	ODFL	D	0.08%	0.08%	0.08%
	OKE	A	0.12%	0.11%	0.11%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	ORCL	B	0.48%	0.54%	0.48%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	F	0.08%	0.07%	0.07%
	PANW	C	0.24%	0.23%	0.23%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	D	0.11%	0.1%	0.1%
	PCG	B	0.09%	0.08%	0.08%
	PEG	A	0.09%	0.08%	0.08%
	PEP	B	0.53%	0.51%	0.51%
	PFE	C	0.34%	0.35%	0.34%
	PFG	C	0.04%	0.04%	0.04%
	PG	A	0.89%	0.88%	0.88%
	PGR	B	0.32%	0.3%	0.3%
	PH	B	0.16%	0.16%	0.16%
	PHM	B	0.06%	0.06%	0.06%
	PKG	B	0.04%	0.04%	0.04%
	PLD	B	0.26%	0.26%	0.26%
	PM	B	0.42%	0.41%	0.41%
	PNC	B	0.16%	0.15%	0.15%
	PNR	A	0.03%	0.03%	0.03%
	PODD	B	0.03%	0.03%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	C	0.06%	0.06%	0.06%
	PPL	A	0.05%	0.05%	0.05%
	PRU	C	0.09%	0.09%	0.09%
	PSA	A	0.12%	0.12%	0.12%
	PSX	F	0.12%	0.11%	0.11%
	PTC	D	0.04%	0.04%	0.04%
	PWR	C	0.08%	0.08%	0.08%
	PYPL	B	0.16%	0.14%	0.14%
	QCOM	D	0.4%	0.38%	0.38%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	B	0.08%	0.08%	0.08%
	REG	B	0.03%	0.03%	0.03%
	REGN	C	0.27%	0.26%	0.26%
	RF	C	0.05%	0.04%	0.04%
	RJF	C	0.05%	0.05%	0.05%
	RMD	B	0.08%	0.08%	0.08%
	ROK	D	0.06%	0.06%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.13%	0.12%	0.12%
	ROST	C	0.11%	0.11%	0.11%
	RSG	B	0.09%	0.09%	0.09%
	RTX	C	0.35%	0.33%	0.33%
	SBAC	B	0.05%	0.05%	0.05%
	SBUX	C	0.22%	0.22%	0.22%
	SCHW	D	0.21%	0.2%	0.2%
	SHW	A	0.18%	0.19%	0.18%
	SJM	C	0.03%	0.03%	0.03%
	SLB	F	0.13%	0.12%	0.12%
	SMCI	F	0.04%	0.05%	0.04%
	SNA	B	0.03%	0.03%	0.03%
	SNPS	D	0.16%	0.15%	0.15%
	SO	A	0.21%	0.2%	0.2%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.12%	0.11%	0.11%
	SPGI	A	0.35%	0.35%	0.35%
	SRE	B	0.11%	0.11%	0.11%
	STE	B	0.05%	0.05%	0.05%
	STLD	F	0.04%	0.03%	0.03%
	STT	B	0.05%	0.05%	0.05%
	STX	D	0.04%	0.04%	0.04%
	STZ	C	0.09%	0.09%	0.09%
	SW	B	0.05%	0.05%	0.05%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	F	0.04%	0.03%	0.03%
	SYF	D	0.04%	0.04%	0.04%
	SYK	B	0.26%	0.26%	0.26%
	SYY	C	0.09%	0.08%	0.08%
	T	A	0.32%	0.32%	0.32%
	TAP	C	0.02%	0.02%	0.02%
	TDG	B	0.16%	0.15%	0.15%
	TDY	B	0.04%	0.04%	0.04%
	TECH	D	0.02%	0.02%	0.02%
	TEL	D	0.1%	0.09%	0.09%
	TER	D	0.04%	0.04%	0.04%
	TFC	D	0.13%	0.12%	0.12%
	TFX	B	0.03%	0.02%	0.02%
	TGT	C	0.15%	0.14%	0.14%
	TJX	B	0.28%	0.28%	0.28%
	TMO	B	0.5%	0.5%	0.5%
	TMUS	A	0.22%	0.22%	0.22%
	TRGP	B	0.07%	0.06%	0.06%
	TRMB	C	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRV	A	0.11%	0.11%	0.11%
	TSCO	B	0.06%	0.06%	0.06%
	TSLA	C	1.31%	1.36%	1.31%
	TSN	C	0.04%	0.04%	0.04%
	TT	A	0.17%	0.16%	0.16%
	TTWO	D	0.05%	0.05%	0.05%
	TXN	D	0.4%	0.38%	0.38%
	TXT	D	0.04%	0.03%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UBER	C	0.32%	0.27%	0.27%
	UDR	B	0.03%	0.03%	0.03%
	UHS	B	0.03%	0.03%	0.03%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	C	1.2%	1.15%	1.15%
	UNP	B	0.33%	0.32%	0.32%
	UPS	D	0.2%	0.2%	0.2%
	URI	C	0.1%	0.1%	0.1%
	USB	C	0.15%	0.15%	0.15%
	V	A	0.95%	0.94%	0.94%
	VICI	B	0.07%	0.07%	0.07%
	VLO	F	0.1%	0.09%	0.09%
	VLTO	B	0.05%	0.06%	0.05%
	VMC	D	0.07%	0.06%	0.06%
	VRSK	D	0.09%	0.08%	0.08%
	VRSN	D	0.04%	0.03%	0.03%
	VRTX	C	0.26%	0.25%	0.25%
	VST	C	0.06%	0.06%	0.06%
	VTR	B	0.05%	0.05%	0.05%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	A	0.37%	0.38%	0.37%
	WAB	B	0.06%	0.06%	0.06%
	WAT	C	0.04%	0.04%	0.04%
	WBA	F	0.01%	0.01%	0.01%
	WBD	D	0.04%	0.03%	0.03%
	WDC	D	0.04%	0.04%	0.04%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.16%	0.16%	0.16%
	WFC	F	0.43%	0.39%	0.39%
	WM	D	0.17%	0.17%	0.17%
	WMB	A	0.12%	0.11%	0.11%
	WMT	B	0.71%	0.73%	0.71%
	WRB	C	0.04%	0.04%	0.04%
	WST	F	0.05%	0.05%	0.05%
	WTW	B	0.07%	0.06%	0.06%
	WY	C	0.05%	0.05%	0.05%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	B	0.08%	0.07%	0.07%
	XOM	D	1.1%	1.04%	1.04%
	XYL	D	0.07%	0.07%	0.07%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	D	0.05%	0.04%	0.04%
	ZBRA	C	0.04%	0.04%	0.04%
	ZTS	B	0.18%	0.18%	0.18%

PTLC Overweight 17 Positions Relative to PBUS

	Symbol	Grade	Weight
	UAL	C	0.03%
	AAL	D	0.02%
	IVZ	C	0.02%
	NCLH	C	0.02%
	BWA	F	0.02%
	FMC	C	0.02%
	CZR	D	0.02%
	MHK	B	0.02%
	FRT	B	0.02%
	HAS	B	0.02%
	GNRC	D	0.02%
	GL	C	0.02%
	TPR	C	0.02%
	PNW	A	0.02%
	NWS	D	0.01%
	RL	B	0.01%
	ETSY	F	0.01%

PTLC Underweight 101 Positions Relative to PBUS

	Symbol	Grade	Weight
	MELI	B	-0.19%
	PLTR	B	-0.15%
	MRVL	C	-0.13%
	WDAY	D	-0.11%
	WCN	B	-0.1%
	LNG	C	-0.09%
	APO	C	-0.09%
	TTD	B	-0.09%
	DASH	C	-0.08%
	FLUT	B	-0.08%
	ALNY	C	-0.07%
	SNOW	F	-0.07%
	VEEV	C	-0.07%
	SQ	D	-0.07%
	VRT	C	-0.06%
	DELL	D	-0.06%
	COIN	F	-0.06%
	DDOG	D	-0.06%
	NET	D	-0.05%
	HUBS	D	-0.05%
	TEAM	D	-0.05%
	ARES	C	-0.05%
	WSM	C	-0.04%
	BURL	B	-0.04%
	EME	A	-0.04%
	PINS	F	-0.04%
	SUI	B	-0.04%
	APP	B	-0.04%
	AVTR	B	-0.04%
	LII	A	-0.04%
	FCNCA	D	-0.04%
	CSL	C	-0.04%
	TRU	A	-0.04%
	BAH	B	-0.04%
	ILMN	C	-0.04%
	MKL	C	-0.04%
	MSTR	D	-0.04%
	RBLX	B	-0.04%
	MDB	D	-0.04%
	DKS	D	-0.03%
	EQH	C	-0.03%
	ACM	B	-0.03%
	AMH	B	-0.03%
	ERIE	B	-0.03%
	TW	A	-0.03%
	ELS	B	-0.03%
	OC	C	-0.03%
	WPC	B	-0.03%
	GGG	C	-0.03%
	GLPI	B	-0.03%
	ZS	F	-0.03%
	DT	C	-0.03%
	PSTG	D	-0.03%
	UTHR	C	-0.03%
	HEI	A	-0.03%
	FNF	B	-0.03%
	RPM	B	-0.03%
	LPLA	F	-0.03%
	RS	D	-0.03%
	WSO	C	-0.03%
	BMRN	F	-0.03%
	TPL	C	-0.03%
	MANH	A	-0.03%
	ENTG	D	-0.03%
	DKNG	D	-0.03%
	SSNC	A	-0.03%
	ZM	C	-0.03%
	CRBG	D	-0.02%
	SEIC	C	-0.02%
	DINO	F	-0.02%
	BSY	D	-0.02%
	CHK	D	-0.02%
	ROKU	C	-0.02%
	KNX	C	-0.02%
	CHRD	F	-0.02%
	TTC	D	-0.02%
	TOST	C	-0.02%
	Z	B	-0.02%
	CG	D	-0.02%
	ALLY	F	-0.02%
	CNH	C	-0.02%
	SNAP	F	-0.02%
	AFG	B	-0.02%
	IOT	B	-0.02%
	RIVN	F	-0.02%
	TWLO	D	-0.02%
	WTRG	D	-0.02%
	HOOD	C	-0.02%
	OVV	F	-0.02%
	RPRX	C	-0.02%
	EXAS	C	-0.02%
	CCK	A	-0.02%
	HEI	A	-0.02%
	DOCU	C	-0.02%
	OKTA	F	-0.02%
	NBIX	D	-0.02%
	CELH	F	-0.01%
	WLK	D	-0.01%
	H	D	-0.01%
	UHAL	B	-0.01%
	ACI	D	-0.01%

PTLC: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies 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 Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Asset Management Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Aerospace Chemical Telecommunications Real Estate Investment Trust Bank Medicine Semiconductor Cloud Computing Banking IBD 50 Insurance Products Mining