RWL vs. PBUS ETF Comparison

Comparison of RevenueShares Large Cap ETF (RWL) to Invesco PureBeta MSCI USA ETF (PBUS)

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.10

Average Daily Volume

135,430

Number of Holdings ^*

499

* 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

$59.94

Average Daily Volume

175,980

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

Performance

Period	RWL	PBUS
30 Days	4.90%	3.61%
60 Days	5.46%	5.14%
90 Days	7.07%	6.91%
12 Months	29.24%	33.43%

484 Overlapping Holdings

	Symbol	Grade	Weight in RWL	Weight in PBUS	Overlap
	A	D	0.03%	0.07%	0.03%
	AAPL	C	2.18%	6.38%	2.18%
	ABBV	D	0.26%	0.57%	0.26%
	ABNB	C	0.07%	0.11%	0.07%
	ABT	B	0.22%	0.38%	0.22%
	ACGL	D	0.07%	0.07%	0.07%
	ACN	C	0.37%	0.44%	0.37%
	ADBE	C	0.11%	0.45%	0.11%
	ADI	D	0.05%	0.2%	0.05%
	ADM	D	0.42%	0.05%	0.05%
	ADP	B	0.11%	0.24%	0.11%
	ADSK	A	0.04%	0.13%	0.04%
	AEE	A	0.04%	0.05%	0.04%
	AEP	D	0.1%	0.1%	0.1%
	AES	F	0.05%	0.02%	0.02%
	AFL	B	0.11%	0.11%	0.11%
	AIG	B	0.24%	0.1%	0.1%
	AIZ	A	0.07%	0.02%	0.02%
	AJG	B	0.06%	0.12%	0.06%
	AKAM	D	0.02%	0.03%	0.02%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	D	0.02%	0.03%	0.02%
	ALL	A	0.34%	0.1%	0.1%
	ALLE	D	0.02%	0.02%	0.02%
	AMAT	F	0.15%	0.3%	0.15%
	AMCR	D	0.07%	0.03%	0.03%
	AMD	F	0.12%	0.43%	0.12%
	AME	A	0.04%	0.09%	0.04%
	AMGN	D	0.15%	0.3%	0.15%
	AMP	A	0.12%	0.11%	0.11%
	AMT	D	0.05%	0.17%	0.05%
	AMZN	C	3.77%	3.8%	3.77%
	ANET	C	0.04%	0.2%	0.04%
	ANSS	B	0.01%	0.06%	0.01%
	AON	A	0.08%	0.14%	0.08%
	AOS	F	0.02%	0.02%	0.02%
	APA	D	0.05%	0.02%	0.02%
	APD	A	0.07%	0.13%	0.07%
	APH	A	0.08%	0.17%	0.08%
	APTV	D	0.09%	0.03%	0.03%
	ARE	D	0.01%	0.03%	0.01%
	ATO	A	0.02%	0.04%	0.02%
	AVB	B	0.02%	0.06%	0.02%
	AVGO	D	0.26%	1.45%	0.26%
	AVY	D	0.04%	0.03%	0.03%
	AWK	D	0.02%	0.05%	0.02%
	AXON	A	0.02%	0.08%	0.02%
	AXP	A	0.44%	0.32%	0.32%
	AZO	C	0.1%	0.1%	0.1%
	BA	F	0.36%	0.19%	0.19%
	BAC	A	1.24%	0.62%	0.62%
	BALL	D	0.07%	0.04%	0.04%
	BAX	D	0.07%	0.03%	0.03%
	BBY	D	0.22%	0.04%	0.04%
	BDX	F	0.11%	0.13%	0.11%
	BEN	C	0.05%	0.01%	0.01%
	BG	F	0.28%	0.02%	0.02%
	BIIB	F	0.04%	0.05%	0.04%
	BK	A	0.23%	0.11%	0.11%
	BKNG	A	0.16%	0.32%	0.16%
	BKR	B	0.19%	0.08%	0.08%
	BLDR	D	0.09%	0.04%	0.04%
	BLK	C	0.13%	0.3%	0.13%
	BMY	B	0.3%	0.23%	0.23%
	BR	A	0.04%	0.05%	0.04%
	BRK.A	B	2.13%	1.19%	1.19%
	BRO	B	0.03%	0.05%	0.03%
	BSX	B	0.09%	0.25%	0.09%
	BX	A	0.07%	0.25%	0.07%
	BXP	D	0.02%	0.02%	0.02%
	C	A	1.1%	0.25%	0.25%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	1.34%	0.06%	0.06%
	CARR	D	0.13%	0.12%	0.12%
	CAT	B	0.41%	0.36%	0.36%
	CB	C	0.29%	0.21%	0.21%
	CBOE	B	0.02%	0.04%	0.02%
	CBRE	B	0.2%	0.08%	0.08%
	CCI	D	0.03%	0.09%	0.03%
	CCL	B	0.18%	0.05%	0.05%
	CDNS	B	0.03%	0.16%	0.03%
	CDW	F	0.09%	0.05%	0.05%
	CE	F	0.03%	0.02%	0.02%
	CEG	D	0.14%	0.14%	0.14%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.08%	0.04%	0.04%
	CHD	B	0.03%	0.05%	0.03%
	CHRW	C	0.11%	0.02%	0.02%
	CHTR	C	0.35%	0.07%	0.07%
	CI	F	1.06%	0.18%	0.18%
	CINF	A	0.06%	0.04%	0.04%
	CL	D	0.09%	0.14%	0.09%
	CLX	B	0.04%	0.04%	0.04%
	CMCSA	B	0.73%	0.33%	0.33%
	CME	A	0.03%	0.15%	0.03%
	CMG	B	0.06%	0.16%	0.06%
	CMI	A	0.23%	0.1%	0.1%
	CMS	C	0.04%	0.04%	0.04%
	CNC	D	0.68%	0.06%	0.06%
	CNP	B	0.05%	0.04%	0.04%
	COF	B	0.38%	0.13%	0.13%
	COP	C	0.34%	0.25%	0.25%
	COR	B	1.58%	0.08%	0.08%
	COST	B	1.41%	0.79%	0.79%
	CPAY	A	0.03%	0.05%	0.03%
	CPB	D	0.05%	0.02%	0.02%
	CPRT	A	0.03%	0.1%	0.03%
	CPT	B	0.01%	0.02%	0.01%
	CRL	C	0.02%	0.02%	0.02%
	CRM	B	0.26%	0.62%	0.26%
	CRWD	B	0.03%	0.15%	0.03%
	CSCO	B	0.34%	0.45%	0.34%
	CSGP	D	0.01%	0.06%	0.01%
	CSX	B	0.09%	0.13%	0.09%
	CTAS	B	0.05%	0.15%	0.05%
	CTLT	B	0.02%	0.02%	0.02%
	CTRA	B	0.03%	0.04%	0.03%
	CTSH	B	0.11%	0.08%	0.08%
	CTVA	C	0.09%	0.08%	0.08%
	CVS	D	1.9%	0.13%	0.13%
	CVX	A	1.25%	0.54%	0.54%
	D	C	0.07%	0.09%	0.07%
	DAL	C	0.48%	0.02%	0.02%
	DAY	B	0.01%	0.02%	0.01%
	DD	D	0.07%	0.07%	0.07%
	DE	A	0.31%	0.2%	0.2%
	DECK	A	0.03%	0.05%	0.03%
	DELL	C	0.59%	0.07%	0.07%
	DFS	B	0.16%	0.08%	0.08%
	DG	F	0.2%	0.03%	0.03%
	DGX	A	0.05%	0.03%	0.03%
	DHI	D	0.17%	0.09%	0.09%
	DHR	F	0.12%	0.31%	0.12%
	DIS	B	0.59%	0.38%	0.38%
	DLR	B	0.03%	0.11%	0.03%
	DLTR	F	0.16%	0.03%	0.03%
	DOC	D	0.01%	0.03%	0.01%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.21%	0.06%	0.06%
	DPZ	C	0.03%	0.03%	0.03%
	DRI	B	0.07%	0.04%	0.04%
	DTE	C	0.06%	0.05%	0.05%
	DUK	C	0.16%	0.16%	0.16%
	DVA	B	0.06%	0.02%	0.02%
	DVN	F	0.08%	0.05%	0.05%
	DXCM	D	0.02%	0.06%	0.02%
	EA	A	0.04%	0.08%	0.04%
	EBAY	D	0.05%	0.06%	0.05%
	ECL	D	0.08%	0.12%	0.08%
	ED	D	0.07%	0.06%	0.06%
	EFX	F	0.03%	0.06%	0.03%
	EG	C	0.08%	0.03%	0.03%
	EIX	B	0.09%	0.06%	0.06%
	EL	F	0.07%	0.03%	0.03%
	ELV	F	0.7%	0.18%	0.18%
	EMN	D	0.05%	0.02%	0.02%
	EMR	A	0.12%	0.14%	0.12%
	ENPH	F	0.0%	0.02%	0.0%
	EOG	A	0.15%	0.15%	0.15%
	EPAM	C	0.03%	0.03%	0.03%
	EQIX	A	0.05%	0.17%	0.05%
	EQR	B	0.01%	0.05%	0.01%
	EQT	B	0.03%	0.05%	0.03%
	ERIE	D	0.02%	0.02%	0.02%
	ES	D	0.06%	0.04%	0.04%
	ESS	B	0.01%	0.04%	0.01%
	ETN	A	0.16%	0.28%	0.16%
	ETR	B	0.08%	0.06%	0.06%
	EVRG	A	0.03%	0.03%	0.03%
	EW	C	0.03%	0.08%	0.03%
	EXC	C	0.12%	0.07%	0.07%
	EXPD	D	0.05%	0.03%	0.03%
	EXPE	B	0.1%	0.04%	0.04%
	EXR	D	0.02%	0.07%	0.02%
	F	C	1.03%	0.08%	0.08%
	FANG	D	0.05%	0.07%	0.05%
	FAST	B	0.05%	0.09%	0.05%
	FCX	D	0.14%	0.12%	0.12%
	FDS	B	0.01%	0.04%	0.01%
	FDX	B	0.49%	0.13%	0.13%
	FE	C	0.07%	0.04%	0.04%
	FFIV	B	0.02%	0.03%	0.02%
	FI	A	0.13%	0.24%	0.13%
	FICO	B	0.01%	0.11%	0.01%
	FIS	C	0.06%	0.09%	0.06%
	FITB	A	0.08%	0.06%	0.06%
	FOX	A	0.05%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FSLR	F	0.02%	0.04%	0.02%
	FTNT	C	0.04%	0.12%	0.04%
	FTV	C	0.03%	0.05%	0.03%
	GD	F	0.24%	0.13%	0.13%
	GDDY	A	0.03%	0.05%	0.03%
	GE	D	0.21%	0.37%	0.21%
	GEHC	F	0.1%	0.07%	0.07%
	GEN	B	0.02%	0.03%	0.02%
	GEV	B	0.25%	0.17%	0.17%
	GILD	C	0.17%	0.22%	0.17%
	GIS	D	0.1%	0.07%	0.07%
	GLW	B	0.08%	0.07%	0.07%
	GM	B	1.22%	0.13%	0.13%
	GOOG	C	1.01%	1.72%	1.01%
	GOOGL	C	1.01%	1.98%	1.01%
	GPC	D	0.11%	0.03%	0.03%
	GPN	B	0.06%	0.06%	0.06%
	GRMN	B	0.04%	0.06%	0.04%
	GS	A	0.82%	0.36%	0.36%
	GWW	B	0.11%	0.1%	0.1%
	HAL	C	0.14%	0.05%	0.05%
	HBAN	A	0.08%	0.05%	0.05%
	HCA	F	0.33%	0.13%	0.13%
	HD	A	0.89%	0.77%	0.77%
	HES	B	0.08%	0.08%	0.08%
	HIG	B	0.14%	0.07%	0.07%
	HII	D	0.05%	0.01%	0.01%
	HLT	A	0.07%	0.12%	0.07%
	HOLX	D	0.02%	0.04%	0.02%
	HON	B	0.23%	0.29%	0.23%
	HPE	B	0.2%	0.05%	0.05%
	HPQ	B	0.32%	0.07%	0.07%
	HRL	D	0.06%	0.02%	0.02%
	HSIC	B	0.06%	0.02%	0.02%
	HST	C	0.03%	0.02%	0.02%
	HSY	F	0.05%	0.05%	0.05%
	HUBB	B	0.03%	0.05%	0.03%
	HUM	C	0.54%	0.07%	0.07%
	HWM	A	0.05%	0.08%	0.05%
	IBM	C	0.33%	0.37%	0.33%
	ICE	C	0.06%	0.17%	0.06%
	IDXX	F	0.02%	0.07%	0.02%
	IEX	B	0.02%	0.03%	0.02%
	IFF	D	0.05%	0.04%	0.04%
	INCY	C	0.03%	0.02%	0.02%
	INTC	D	0.39%	0.2%	0.2%
	INTU	C	0.1%	0.38%	0.1%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.12%	0.04%	0.04%
	IPG	D	0.06%	0.02%	0.02%
	IQV	D	0.07%	0.07%	0.07%
	IR	B	0.04%	0.08%	0.04%
	IRM	D	0.03%	0.06%	0.03%
	ISRG	A	0.05%	0.37%	0.05%
	IT	C	0.04%	0.08%	0.04%
	ITW	B	0.09%	0.16%	0.09%
	J	F	0.09%	0.03%	0.03%
	JBHT	C	0.07%	0.03%	0.03%
	JBL	B	0.2%	0.03%	0.03%
	JCI	C	0.17%	0.11%	0.11%
	JKHY	D	0.01%	0.02%	0.01%
	JNJ	D	0.44%	0.7%	0.44%
	JNPR	F	0.03%	0.02%	0.02%
	JPM	A	1.74%	1.33%	1.33%
	K	A	0.07%	0.04%	0.04%
	KDP	D	0.07%	0.07%	0.07%
	KEY	B	0.07%	0.03%	0.03%
	KEYS	A	0.03%	0.05%	0.03%
	KHC	F	0.13%	0.06%	0.06%
	KIM	A	0.01%	0.03%	0.01%
	KKR	A	0.16%	0.18%	0.16%
	KLAC	D	0.05%	0.17%	0.05%
	KMB	D	0.1%	0.09%	0.09%
	KMI	A	0.11%	0.1%	0.1%
	KMX	B	0.14%	0.02%	0.02%
	KO	D	0.22%	0.49%	0.22%
	KR	B	0.87%	0.08%	0.08%
	KVUE	A	0.09%	0.09%	0.09%
	L	A	0.1%	0.03%	0.03%
	LDOS	C	0.09%	0.04%	0.04%
	LEN	D	0.18%	0.08%	0.08%
	LH	C	0.07%	0.04%	0.04%
	LHX	C	0.12%	0.09%	0.09%
	LIN	D	0.17%	0.42%	0.17%
	LKQ	D	0.07%	0.02%	0.02%
	LLY	F	0.18%	1.22%	0.18%
	LMT	D	0.37%	0.22%	0.22%
	LNT	A	0.02%	0.03%	0.02%
	LOW	D	0.49%	0.3%	0.3%
	LRCX	F	0.08%	0.19%	0.08%
	LULU	C	0.07%	0.07%	0.07%
	LUV	C	0.17%	0.01%	0.01%
	LVS	C	0.08%	0.03%	0.03%
	LW	C	0.04%	0.02%	0.02%
	LYB	F	0.2%	0.04%	0.04%
	LYV	A	0.17%	0.04%	0.04%
	MA	C	0.15%	0.83%	0.15%
	MAA	B	0.01%	0.03%	0.01%
	MAR	B	0.16%	0.13%	0.13%
	MAS	D	0.04%	0.03%	0.03%
	MCD	D	0.14%	0.41%	0.14%
	MCHP	D	0.03%	0.07%	0.03%
	MCK	B	2.03%	0.15%	0.15%
	MCO	B	0.04%	0.15%	0.04%
	MDLZ	F	0.17%	0.17%	0.17%
	MDT	D	0.17%	0.21%	0.17%
	MET	A	0.41%	0.1%	0.1%
	META	D	0.91%	2.43%	0.91%
	MGM	D	0.1%	0.02%	0.02%
	MKC	D	0.03%	0.04%	0.03%
	MKTX	D	0.0%	0.02%	0.0%
	MLM	B	0.04%	0.07%	0.04%
	MMC	B	0.13%	0.21%	0.13%
	MMM	D	0.13%	0.14%	0.13%
	MNST	C	0.04%	0.08%	0.04%
	MO	A	0.12%	0.18%	0.12%
	MOH	F	0.18%	0.03%	0.03%
	MOS	F	0.07%	0.02%	0.02%
	MPC	D	0.79%	0.11%	0.11%
	MPWR	F	0.01%	0.05%	0.01%
	MRK	F	0.29%	0.48%	0.29%
	MRNA	F	0.02%	0.03%	0.02%
	MRO	B	0.04%	0.03%	0.03%
	MS	A	0.76%	0.31%	0.31%
	MSCI	C	0.02%	0.09%	0.02%
	MSFT	F	1.34%	5.79%	1.34%
	MSI	B	0.06%	0.16%	0.06%
	MTB	A	0.09%	0.07%	0.07%
	MTCH	D	0.02%	0.02%	0.02%
	MTD	D	0.02%	0.05%	0.02%
	MU	D	0.13%	0.21%	0.13%
	NDAQ	A	0.04%	0.06%	0.04%
	NDSN	B	0.01%	0.03%	0.01%
	NEE	D	0.12%	0.3%	0.12%
	NEM	D	0.06%	0.09%	0.06%
	NFLX	A	0.24%	0.69%	0.24%
	NI	A	0.03%	0.03%	0.03%
	NKE	D	0.27%	0.18%	0.18%
	NOC	D	0.22%	0.13%	0.13%
	NOW	A	0.07%	0.41%	0.07%
	NRG	B	0.18%	0.04%	0.04%
	NSC	B	0.07%	0.11%	0.07%
	NTAP	C	0.04%	0.05%	0.04%
	NTRS	A	0.1%	0.04%	0.04%
	NUE	C	0.18%	0.07%	0.07%
	NVDA	C	0.65%	6.93%	0.65%
	NVR	D	0.05%	0.05%	0.05%
	NWSA	B	0.03%	0.02%	0.02%
	NXPI	D	0.07%	0.11%	0.07%
	O	D	0.02%	0.09%	0.02%
	ODFL	B	0.04%	0.08%	0.04%
	OKE	A	0.12%	0.12%	0.12%
	OMC	C	0.09%	0.04%	0.04%
	ON	D	0.04%	0.06%	0.04%
	ORCL	B	0.34%	0.59%	0.34%
	ORLY	B	0.1%	0.14%	0.1%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	D	0.15%	0.06%	0.06%
	PANW	C	0.05%	0.24%	0.05%
	PARA	C	0.17%	0.01%	0.01%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	C	0.03%	0.09%	0.03%
	PCAR	B	0.23%	0.12%	0.12%
	PCG	A	0.14%	0.08%	0.08%
	PEG	A	0.06%	0.08%	0.06%
	PEP	F	0.47%	0.44%	0.44%
	PFE	D	0.27%	0.28%	0.27%
	PFG	D	0.09%	0.04%	0.04%
	PG	A	0.44%	0.76%	0.44%
	PGR	A	0.38%	0.29%	0.29%
	PH	A	0.13%	0.17%	0.13%
	PHM	D	0.09%	0.05%	0.05%
	PKG	A	0.05%	0.04%	0.04%
	PLD	D	0.04%	0.2%	0.04%
	PLTR	B	0.02%	0.23%	0.02%
	PM	B	0.2%	0.38%	0.2%
	PNC	B	0.21%	0.16%	0.16%
	PNR	A	0.03%	0.03%	0.03%
	PODD	C	0.01%	0.03%	0.01%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.1%	0.06%	0.06%
	PPL	B	0.05%	0.05%	0.05%
	PRU	A	0.36%	0.09%	0.09%
	PSA	D	0.02%	0.1%	0.02%
	PSX	C	0.86%	0.11%	0.11%
	PTC	A	0.01%	0.04%	0.01%
	PWR	A	0.15%	0.09%	0.09%
	PYPL	B	0.21%	0.16%	0.16%
	QCOM	F	0.2%	0.35%	0.2%
	QRVO	F	0.01%	0.01%	0.01%
	RCL	A	0.12%	0.11%	0.11%
	REG	B	0.01%	0.02%	0.01%
	REGN	F	0.05%	0.16%	0.05%
	RF	A	0.06%	0.05%	0.05%
	RJF	A	0.11%	0.06%	0.06%
	RMD	C	0.02%	0.06%	0.02%
	ROK	B	0.05%	0.06%	0.05%
	ROL	B	0.02%	0.03%	0.02%
	ROP	B	0.04%	0.12%	0.04%
	ROST	C	0.11%	0.09%	0.09%
	RSG	A	0.09%	0.09%	0.09%
	RTX	C	0.4%	0.3%	0.3%
	RVTY	F	0.01%	0.03%	0.01%
	SBAC	D	0.01%	0.04%	0.01%
	SBUX	A	0.2%	0.22%	0.2%
	SCHW	B	0.18%	0.23%	0.18%
	SHW	A	0.13%	0.18%	0.13%
	SJM	D	0.04%	0.02%	0.02%
	SLB	C	0.21%	0.12%	0.12%
	SMCI	F	0.03%	0.02%	0.02%
	SNA	A	0.04%	0.04%	0.04%
	SNPS	B	0.04%	0.16%	0.04%
	SO	D	0.14%	0.18%	0.14%
	SOLV	C	0.04%	0.02%	0.02%
	SPG	B	0.03%	0.11%	0.03%
	SPGI	C	0.07%	0.31%	0.07%
	SRE	A	0.08%	0.11%	0.08%
	STE	F	0.03%	0.04%	0.03%
	STLD	B	0.12%	0.04%	0.04%
	STT	A	0.12%	0.05%	0.05%
	STX	D	0.03%	0.04%	0.03%
	STZ	D	0.05%	0.08%	0.05%
	SW	A	0.12%	0.05%	0.05%
	SWK	D	0.07%	0.02%	0.02%
	SWKS	F	0.02%	0.03%	0.02%
	SYF	B	0.15%	0.05%	0.05%
	SYK	C	0.12%	0.25%	0.12%
	SYY	B	0.42%	0.07%	0.07%
	T	A	0.69%	0.31%	0.31%
	TAP	C	0.07%	0.02%	0.02%
	TDG	D	0.04%	0.14%	0.04%
	TDY	B	0.03%	0.04%	0.03%
	TECH	D	0.01%	0.02%	0.01%
	TER	D	0.01%	0.03%	0.01%
	TFC	A	0.16%	0.12%	0.12%
	TFX	F	0.01%	0.02%	0.01%
	TGT	F	0.6%	0.14%	0.14%
	TJX	A	0.31%	0.26%	0.26%
	TMO	F	0.2%	0.39%	0.2%
	TMUS	B	0.51%	0.24%	0.24%
	TRGP	B	0.12%	0.08%	0.08%
	TRMB	B	0.03%	0.03%	0.03%
	TROW	B	0.04%	0.05%	0.04%
	TRV	B	0.26%	0.11%	0.11%
	TSCO	D	0.08%	0.06%	0.06%
	TSLA	B	0.71%	1.71%	0.71%
	TSN	B	0.3%	0.04%	0.04%
	TT	A	0.12%	0.18%	0.12%
	TTWO	A	0.04%	0.06%	0.04%
	TXN	C	0.09%	0.36%	0.09%
	TXT	D	0.07%	0.03%	0.03%
	TYL	B	0.01%	0.05%	0.01%
	UBER	D	0.22%	0.26%	0.22%
	UDR	B	0.01%	0.03%	0.01%
	UHS	D	0.07%	0.02%	0.02%
	ULTA	F	0.06%	0.03%	0.03%
	UNH	C	2.1%	1.05%	1.05%
	UNP	C	0.13%	0.28%	0.13%
	UPS	C	0.51%	0.19%	0.19%
	URI	B	0.09%	0.11%	0.09%
	USB	A	0.26%	0.15%	0.15%
	V	A	0.21%	0.93%	0.21%
	VICI	C	0.02%	0.06%	0.02%
	VLO	C	0.8%	0.09%	0.09%
	VLTO	D	0.03%	0.05%	0.03%
	VMC	B	0.05%	0.07%	0.05%
	VRSK	A	0.02%	0.08%	0.02%
	VRSN	F	0.01%	0.03%	0.01%
	VRTX	F	0.06%	0.24%	0.06%
	VST	B	0.13%	0.09%	0.09%
	VTR	C	0.03%	0.05%	0.03%
	VTRS	A	0.09%	0.03%	0.03%
	VZ	C	0.68%	0.33%	0.33%
	WAB	B	0.07%	0.07%	0.07%
	WAT	B	0.02%	0.04%	0.02%
	WBA	F	0.77%	0.01%	0.01%
	WBD	C	0.25%	0.04%	0.04%
	WDC	D	0.07%	0.04%	0.04%
	WEC	A	0.05%	0.06%	0.05%
	WELL	A	0.04%	0.15%	0.04%
	WFC	A	0.93%	0.49%	0.49%
	WM	A	0.12%	0.17%	0.12%
	WMB	A	0.07%	0.13%	0.07%
	WMT	A	3.83%	0.72%	0.72%
	WRB	A	0.07%	0.04%	0.04%
	WST	C	0.02%	0.05%	0.02%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.04%	0.04%	0.04%
	WYNN	D	0.05%	0.02%	0.02%
	XEL	A	0.08%	0.07%	0.07%
	XOM	B	2.04%	1.04%	1.04%
	XYL	D	0.04%	0.06%	0.04%
	YUM	B	0.04%	0.07%	0.04%
	ZBH	C	0.04%	0.04%	0.04%
	ZBRA	B	0.03%	0.04%	0.03%
	ZTS	D	0.04%	0.15%	0.04%

RWL Overweight 15 Positions Relative to PBUS

	Symbol	Grade	Weight
	UAL	A	0.56%
	BWA	D	0.08%
	NCLH	B	0.07%
	CZR	F	0.06%
	TPR	B	0.05%
	MHK	D	0.05%
	IVZ	B	0.04%
	RL	B	0.04%
	PNW	B	0.03%
	GNRC	B	0.03%
	NWS	B	0.03%
	GL	B	0.03%
	FMC	D	0.02%
	HAS	D	0.02%
	FRT	B	0.01%

RWL Underweight 100 Positions Relative to PBUS

	Symbol	Grade	Weight
	MELI	D	-0.16%
	MRVL	B	-0.15%
	APO	B	-0.13%
	TTD	B	-0.11%
	WDAY	B	-0.11%
	APP	B	-0.11%
	MSTR	C	-0.1%
	COIN	C	-0.1%
	DASH	A	-0.1%
	SQ	B	-0.09%
	WCN	A	-0.09%
	FLUT	A	-0.09%
	LNG	B	-0.09%
	TEAM	A	-0.08%
	VRT	B	-0.08%
	VEEV	C	-0.07%
	DDOG	A	-0.07%
	SNOW	C	-0.07%
	ARES	A	-0.06%
	ALNY	D	-0.06%
	HUBS	A	-0.06%
	RBLX	C	-0.05%
	NET	B	-0.05%
	TPL	A	-0.05%
	WSO	A	-0.04%
	ZS	C	-0.04%
	TRU	D	-0.04%
	LII	A	-0.04%
	BAH	F	-0.04%
	ZM	B	-0.04%
	CSL	C	-0.04%
	FCNCA	A	-0.04%
	MDB	C	-0.04%
	MKL	A	-0.04%
	EME	C	-0.04%
	ILMN	D	-0.04%
	LPLA	A	-0.04%
	GLPI	C	-0.03%
	AVTR	F	-0.03%
	ACM	A	-0.03%
	TOST	B	-0.03%
	TW	A	-0.03%
	ENTG	D	-0.03%
	GGG	B	-0.03%
	DT	C	-0.03%
	PSTG	D	-0.03%
	EQH	B	-0.03%
	SUI	D	-0.03%
	FNF	B	-0.03%
	HEI	B	-0.03%
	TWLO	A	-0.03%
	UTHR	C	-0.03%
	SSNC	B	-0.03%
	DOCU	A	-0.03%
	OC	A	-0.03%
	HOOD	B	-0.03%
	WSM	B	-0.03%
	MANH	D	-0.03%
	PINS	D	-0.03%
	BURL	A	-0.03%
	RPM	A	-0.03%
	DKNG	B	-0.03%
	RS	B	-0.03%
	CHRD	D	-0.02%
	CRBG	B	-0.02%
	TTC	D	-0.02%
	SEIC	B	-0.02%
	KNX	B	-0.02%
	CNH	C	-0.02%
	EXAS	D	-0.02%
	ROKU	D	-0.02%
	FBIN	D	-0.02%
	RPRX	D	-0.02%
	WTRG	B	-0.02%
	ALLY	C	-0.02%
	AFG	A	-0.02%
	IOT	A	-0.02%
	CCK	C	-0.02%
	SNAP	C	-0.02%
	Z	A	-0.02%
	DKS	C	-0.02%
	HEI	B	-0.02%
	WPC	D	-0.02%
	CG	A	-0.02%
	OVV	B	-0.02%
	NBIX	C	-0.02%
	AMH	D	-0.02%
	BMRN	D	-0.02%
	OKTA	C	-0.02%
	ELS	C	-0.02%
	CELH	F	-0.01%
	WLK	D	-0.01%
	UHAL	D	-0.01%
	BBWI	D	-0.01%
	DINO	D	-0.01%
	H	B	-0.01%
	ACI	C	-0.01%
	RIVN	F	-0.01%
	BIO	D	-0.01%
	BSY	D	-0.01%

RWL: Top Represented Industries & Keywords

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

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors 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 Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50