PY vs. USMF ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to WisdomTree U.S. Multifactor Fund (USMF)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	PY	USMF
30 Days	4.03%	6.39%
60 Days	5.45%	7.88%
90 Days	7.68%	8.72%
12 Months	30.80%	32.34%

35 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in USMF	Overlap
ADP	B	1.01%	0.41%	0.41%
AIG	B	0.81%	0.34%	0.34%
AIZ	A	0.78%	0.38%	0.38%
AMP	A	0.99%	0.44%	0.44%
AXP	A	1.13%	0.35%	0.35%
BMY	B	1.05%	0.36%	0.36%
BR	A	0.79%	0.38%	0.38%
CI	F	0.81%	0.28%	0.28%
CINF	A	0.79%	0.37%	0.37%
CMCSA	B	1.09%	0.92%	0.92%
CTSH	B	0.8%	1.32%	0.8%
DE	A	0.91%	0.34%	0.34%
DRI	B	0.76%	0.77%	0.76%
EBAY	D	0.77%	0.68%	0.68%
FDX	B	0.83%	0.26%	0.26%
FOXA	B	0.83%	1.09%	0.83%
GIS	D	0.65%	0.27%	0.27%
HAL	C	0.76%	0.35%	0.35%
HIG	B	0.75%	0.4%	0.4%
HPQ	B	0.79%	0.96%	0.79%
KMB	D	0.69%	0.32%	0.32%
KR	B	0.84%	0.34%	0.34%
LMT	D	0.88%	0.39%	0.39%
MO	A	0.89%	0.34%	0.34%
MPC	D	0.75%	0.29%	0.29%
MRO	B	0.76%	0.34%	0.34%
SYF	B	0.97%	0.32%	0.32%
SYY	B	0.72%	0.3%	0.3%
TAP	C	0.78%	0.31%	0.31%
TJX	A	0.98%	0.84%	0.84%
TRV	B	0.86%	0.38%	0.38%
VICI	C	0.7%	0.32%	0.32%
VLO	C	0.8%	0.33%	0.33%
WFC	A	1.43%	0.4%	0.4%
XOM	B	1.82%	0.44%	0.44%

PY Overweight 70 Positions Relative to USMF

Symbol	Grade	Weight
AAPL	C	3.82%
MSFT	F	3.5%
NVDA	C	3.38%
AVGO	D	2.35%
HD	A	1.58%
CVX	A	1.35%
MS	A	1.26%
CAT	B	1.18%
ACN	C	1.18%
QCOM	F	1.07%
LOW	D	1.06%
DFS	B	1.0%
TT	A	1.0%
RTX	C	1.0%
TRGP	B	0.97%
PNC	B	0.96%
EQT	B	0.94%
BKR	B	0.94%
SNA	A	0.93%
BK	A	0.91%
CB	C	0.91%
ITW	B	0.9%
HPE	B	0.88%
STLD	B	0.88%
MMC	B	0.88%
PNR	A	0.87%
CSX	B	0.86%
SLB	C	0.85%
RF	A	0.85%
SPG	B	0.85%
FITB	A	0.85%
MET	A	0.85%
PAYX	C	0.85%
PRU	A	0.84%
RL	B	0.84%
OTIS	C	0.82%
NKE	D	0.82%
ROK	B	0.82%
PLD	D	0.82%
NDAQ	A	0.8%
PSX	C	0.79%
WTW	B	0.79%
DD	D	0.78%
CVS	D	0.78%
MDLZ	F	0.77%
CF	B	0.77%
BEN	C	0.77%
FANG	D	0.75%
AVB	B	0.75%
BBWI	D	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
EMN	D	0.72%
ESS	B	0.72%
OXY	D	0.72%
MAA	B	0.7%
CPT	B	0.69%
EG	C	0.68%
INVH	D	0.67%
GPC	D	0.66%
HSY	F	0.66%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
ADM	D	0.65%
LYB	F	0.64%
SWKS	F	0.6%

PY Underweight 164 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.8%
GDDY	A	-1.52%
MSI	B	-1.51%
VRSN	F	-1.43%
IBM	C	-1.39%
TDY	B	-1.32%
ROP	B	-1.31%
FFIV	B	-1.3%
TMUS	B	-1.27%
SNX	C	-1.16%
EA	A	-1.14%
T	A	-1.09%
TYL	B	-1.09%
FICO	B	-1.08%
ZM	B	-1.02%
DBX	B	-1.01%
GEN	B	-1.01%
DOCU	A	-1.0%
CVLT	B	-0.98%
AKAM	D	-0.98%
CRM	B	-0.97%
JNPR	F	-0.93%
DIS	B	-0.92%
VZ	C	-0.9%
DT	C	-0.9%
NYT	C	-0.86%
FTNT	C	-0.85%
NTAP	C	-0.84%
ORLY	B	-0.8%
WDAY	B	-0.78%
TXRH	C	-0.77%
EPAM	C	-0.75%
MUSA	A	-0.74%
IPG	D	-0.74%
AZO	C	-0.71%
LVS	C	-0.71%
ARMK	B	-0.71%
INFA	D	-0.68%
NTNX	A	-0.64%
GM	B	-0.61%
HRB	D	-0.58%
EXPE	B	-0.54%
CRUS	D	-0.51%
COR	B	-0.48%
FSLR	F	-0.48%
MCK	B	-0.46%
CAH	B	-0.44%
LDOS	C	-0.44%
EHC	B	-0.43%
IBKR	A	-0.43%
JNJ	D	-0.43%
FI	A	-0.43%
BSX	B	-0.43%
ECL	D	-0.43%
HOLX	D	-0.42%
GILD	C	-0.42%
EOG	A	-0.42%
DGX	A	-0.42%
EXEL	B	-0.42%
ETR	B	-0.41%
RJF	A	-0.41%
WM	A	-0.41%
RSG	A	-0.4%
L	A	-0.4%
ADTN	A	-0.4%
ABT	B	-0.4%
COP	C	-0.4%
UNM	A	-0.4%
DOV	A	-0.39%
ANF	C	-0.39%
JPM	A	-0.39%
ZBH	C	-0.38%
VRSK	A	-0.38%
CACI	D	-0.38%
GPK	C	-0.38%
UTHR	C	-0.38%
INGR	B	-0.38%
ALSN	B	-0.37%
CCK	C	-0.37%
RLI	B	-0.37%
BRK.A	B	-0.37%
LH	C	-0.37%
ALL	A	-0.37%
ABBV	D	-0.37%
CHE	D	-0.37%
PGR	A	-0.36%
BRO	B	-0.36%
ORI	A	-0.36%
CNA	B	-0.36%
PCAR	B	-0.36%
EME	C	-0.36%
ACI	C	-0.36%
WMT	A	-0.36%
BERY	B	-0.36%
CME	A	-0.36%
PPC	C	-0.36%
SSNC	B	-0.36%
PRI	A	-0.35%
MLI	C	-0.35%
VOYA	B	-0.35%
OGE	B	-0.35%
GAP	C	-0.35%
MRK	F	-0.35%
CBOE	B	-0.35%
AFL	B	-0.35%
WRB	A	-0.34%
LHX	C	-0.34%
MKL	A	-0.34%
PG	A	-0.33%
VTRS	A	-0.33%
EWBC	A	-0.33%
MSA	D	-0.33%
RGA	A	-0.33%
GLPI	C	-0.33%
NTRS	A	-0.33%
ELS	C	-0.32%
NNN	D	-0.32%
MTB	A	-0.32%
DVN	F	-0.31%
POST	C	-0.31%
PNW	B	-0.31%
DUK	C	-0.31%
CBSH	A	-0.31%
MTG	C	-0.3%
TMO	F	-0.3%
FCNCA	A	-0.3%
CRS	A	-0.3%
FRT	B	-0.3%
EIX	B	-0.3%
REYN	D	-0.3%
UHS	D	-0.3%
J	F	-0.3%
PCG	A	-0.3%
CL	D	-0.3%
AEP	D	-0.29%
DVA	B	-0.29%
RYAN	B	-0.29%
ELV	F	-0.29%
SFM	A	-0.29%
HCA	F	-0.29%
LPX	B	-0.29%
MAS	D	-0.28%
WPC	D	-0.28%
BAH	F	-0.27%
CAG	D	-0.26%
KHC	F	-0.26%
REGN	F	-0.26%
CNC	D	-0.26%
THC	D	-0.25%
SAIC	F	-0.25%
NBIX	C	-0.25%
DINO	D	-0.25%
AMT	D	-0.23%
APA	D	-0.23%
PAYC	B	-0.23%
FCN	D	-0.23%
PYPL	B	-0.22%
HII	D	-0.22%
MMM	D	-0.2%
FMC	D	-0.19%
BMRN	D	-0.19%
HALO	F	-0.18%
LNTH	D	-0.14%
GL	B	-0.14%