SPXE vs. PBUS ETF Comparison

Comparison of ProShares S&P 500 Ex-Energy ETF (SPXE) to Invesco PureBeta MSCI USA ETF (PBUS)

SPXE

ProShares S&P 500 Ex-Energy ETF

SPXE Description

The investment seeks investment results, before fees and expenses that track the performance of the S&P 500® Ex-Energy Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index seeks to provide exposure to the companies of the S&P 500® Index (the "S&P 500®") with the exception of those companies included in the Energy Sector.

Grade (RS Rating)

Last Trade

$60.49

Average Daily Volume

1,570

Number of Holdings ^*

474

* 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

$57.03

Average Daily Volume

66,586

Number of Holdings ^*

580

* may have additional holdings in another (foreign) market

Performance

Period	SPXE	PBUS
30 Days	0.62%	0.30%
60 Days	2.67%	2.28%
90 Days	3.17%	3.07%
12 Months	29.61%	28.22%

457 Overlapping Holdings

	Symbol	Grade	Weight in SPXE	Weight in PBUS	Overlap
	A	C	0.09%	0.08%	0.08%
	AAPL	D	7.06%	6.7%	6.7%
	ABBV	C	0.75%	0.74%	0.74%
	ABNB	D	0.11%	0.11%	0.11%
	ABT	C	0.45%	0.43%	0.43%
	ACGL	B	0.09%	0.09%	0.09%
	ACN	C	0.48%	0.46%	0.46%
	ADBE	D	0.58%	0.53%	0.53%
	ADI	D	0.24%	0.23%	0.23%
	ADM	D	0.06%	0.06%	0.06%
	ADP	B	0.25%	0.24%	0.24%
	ADSK	B	0.12%	0.12%	0.12%
	AEE	B	0.05%	0.05%	0.05%
	AEP	B	0.12%	0.11%	0.11%
	AES	C	0.03%	0.02%	0.02%
	AFL	B	0.12%	0.12%	0.12%
	AIG	D	0.11%	0.1%	0.1%
	AIZ	B	0.02%	0.02%	0.02%
	AJG	C	0.14%	0.14%	0.14%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	F	0.02%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.11%	0.1%	0.1%
	ALLE	B	0.03%	0.03%	0.03%
	AMAT	D	0.33%	0.31%	0.31%
	AMCR	C	0.03%	0.03%	0.03%
	AMD	F	0.54%	0.48%	0.48%
	AME	C	0.08%	0.08%	0.08%
	AMGN	B	0.39%	0.37%	0.37%
	AMP	B	0.09%	0.09%	0.09%
	AMT	C	0.24%	0.24%	0.24%
	AMZN	C	3.76%	3.51%	3.51%
	ANET	B	0.2%	0.18%	0.18%
	ANSS	F	0.06%	0.06%	0.06%
	AON	B	0.17%	0.14%	0.14%
	AOS	C	0.02%	0.02%	0.02%
	APD	B	0.14%	0.13%	0.13%
	APH	D	0.17%	0.15%	0.15%
	APTV	D	0.04%	0.04%	0.04%
	ARE	B	0.04%	0.04%	0.04%
	ATO	B	0.04%	0.04%	0.04%
	AVB	B	0.07%	0.07%	0.07%
	AVGO	C	1.58%	1.37%	1.37%
	AVY	D	0.04%	0.04%	0.04%
	AWK	A	0.06%	0.06%	0.06%
	AXON	B	0.06%	0.05%	0.05%
	AXP	B	0.32%	0.3%	0.3%
	AZO	D	0.11%	0.11%	0.11%
	BA	F	0.21%	0.2%	0.2%
	BAC	D	0.58%	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	F	0.15%	0.14%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BIIB	F	0.06%	0.06%	0.06%
	BIO	C	0.01%	0.01%	0.01%
	BK	A	0.11%	0.1%	0.1%
	BKNG	B	0.29%	0.27%	0.27%
	BLDR	C	0.05%	0.04%	0.04%
	BLK	A	0.27%	0.27%	0.27%
	BMY	C	0.21%	0.21%	0.21%
	BR	D	0.05%	0.05%	0.05%
	BRK.A	C	1.79%	1.27%	1.27%
	BRO	C	0.05%	0.05%	0.05%
	BSX	B	0.27%	0.26%	0.26%
	BX	B	0.23%	0.21%	0.21%
	BXP	B	0.02%	0.02%	0.02%
	C	D	0.24%	0.23%	0.23%
	CAG	B	0.03%	0.03%	0.03%
	CAH	C	0.06%	0.06%	0.06%
	CARR	B	0.14%	0.12%	0.12%
	CAT	C	0.36%	0.34%	0.34%
	CB	B	0.26%	0.23%	0.23%
	CBOE	C	0.05%	0.05%	0.05%
	CBRE	A	0.08%	0.08%	0.08%
	CCI	B	0.11%	0.11%	0.11%
	CCL	C	0.04%	0.03%	0.03%
	CDNS	D	0.16%	0.15%	0.15%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.03%	0.03%	0.03%
	CEG	C	0.13%	0.12%	0.12%
	CF	B	0.03%	0.03%	0.03%
	CFG	D	0.04%	0.04%	0.04%
	CHD	C	0.06%	0.05%	0.05%
	CHRW	B	0.03%	0.02%	0.02%
	CHTR	D	0.07%	0.06%	0.06%
	CI	C	0.23%	0.21%	0.21%
	CINF	B	0.05%	0.04%	0.04%
	CL	C	0.19%	0.17%	0.17%
	CLX	C	0.04%	0.04%	0.04%
	CMCSA	D	0.34%	0.32%	0.32%
	CME	C	0.17%	0.16%	0.16%
	CMG	C	0.17%	0.16%	0.16%
	CMI	C	0.09%	0.08%	0.08%
	CMS	A	0.05%	0.04%	0.04%
	CNC	C	0.09%	0.08%	0.08%
	CNP	C	0.04%	0.04%	0.04%
	COF	C	0.12%	0.11%	0.11%
	COST	C	0.89%	0.83%	0.83%
	CPAY	B	0.05%	0.04%	0.04%
	CPB	B	0.02%	0.02%	0.02%
	CPRT	D	0.1%	0.09%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	D	0.02%	0.02%	0.02%
	CRM	D	0.54%	0.5%	0.5%
	CRWD	F	0.13%	0.12%	0.12%
	CSCO	B	0.44%	0.41%	0.41%
	CSGP	D	0.07%	0.07%	0.07%
	CSX	D	0.14%	0.14%	0.14%
	CTAS	C	0.16%	0.16%	0.16%
	CTLT	B	0.02%	0.02%	0.02%
	CTSH	C	0.08%	0.08%	0.08%
	CTVA	B	0.09%	0.08%	0.08%
	CVS	D	0.16%	0.15%	0.15%
	D	C	0.11%	0.1%	0.1%
	DAL	C	0.06%	0.01%	0.01%
	DAY	D	0.02%	0.02%	0.02%
	DD	B	0.07%	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	0.39%	0.38%	0.38%
	DIS	D	0.36%	0.34%	0.34%
	DLR	B	0.11%	0.11%	0.11%
	DLTR	F	0.03%	0.03%	0.03%
	DOC	C	0.03%	0.03%	0.03%
	DOV	B	0.06%	0.05%	0.05%
	DOW	D	0.08%	0.07%	0.07%
	DPZ	F	0.03%	0.03%	0.03%
	DRI	C	0.04%	0.04%	0.04%
	DTE	B	0.06%	0.05%	0.05%
	DUK	C	0.2%	0.19%	0.19%
	DVA	B	0.02%	0.02%	0.02%
	DXCM	F	0.06%	0.06%	0.06%
	EA	D	0.08%	0.08%	0.08%
	EBAY	B	0.07%	0.06%	0.06%
	ECL	B	0.14%	0.13%	0.13%
	ED	C	0.08%	0.08%	0.08%
	EFX	C	0.08%	0.08%	0.08%
	EG	B	0.04%	0.03%	0.03%
	EIX	C	0.07%	0.07%	0.07%
	EL	F	0.04%	0.04%	0.04%
	ELV	C	0.28%	0.26%	0.26%
	EMN	B	0.03%	0.02%	0.02%
	EMR	D	0.13%	0.12%	0.12%
	ENPH	C	0.03%	0.03%	0.03%
	EPAM	D	0.03%	0.02%	0.02%
	EQIX	B	0.18%	0.17%	0.17%
	EQR	B	0.06%	0.05%	0.05%
	ES	C	0.05%	0.05%	0.05%
	ESS	B	0.04%	0.04%	0.04%
	ETN	C	0.27%	0.24%	0.24%
	ETR	A	0.06%	0.05%	0.05%
	EVRG	A	0.03%	0.03%	0.03%
	EW	F	0.09%	0.08%	0.08%
	EXC	B	0.09%	0.08%	0.08%
	EXPD	B	0.04%	0.04%	0.04%
	EXPE	C	0.04%	0.04%	0.04%
	EXR	B	0.08%	0.08%	0.08%
	F	D	0.09%	0.08%	0.08%
	FAST	C	0.09%	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	C	0.05%	0.05%	0.05%
	FFIV	A	0.03%	0.02%	0.02%
	FICO	A	0.1%	0.09%	0.09%
	FIS	B	0.1%	0.1%	0.1%
	FITB	B	0.06%	0.06%	0.06%
	FOX	B	0.01%	0.01%	0.01%
	FOXA	B	0.02%	0.02%	0.02%
	FSLR	C	0.06%	0.04%	0.04%
	FTNT	C	0.1%	0.1%	0.1%
	FTV	C	0.06%	0.05%	0.05%
	GD	B	0.15%	0.15%	0.15%
	GDDY	C	0.05%	0.04%	0.04%
	GE	B	0.41%	0.38%	0.38%
	GEHC	C	0.08%	0.08%	0.08%
	GEV	B	0.13%	0.12%	0.12%
	GILD	B	0.23%	0.21%	0.21%
	GIS	B	0.09%	0.09%	0.09%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.12%	0.11%	0.11%
	GOOG	D	1.67%	1.58%	1.58%
	GOOGL	D	2.0%	1.82%	1.82%
	GPC	D	0.04%	0.04%	0.04%
	GPN	D	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%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	B	0.17%	0.16%	0.16%
	HD	B	0.82%	0.77%	0.77%
	HIG	A	0.08%	0.07%	0.07%
	HII	C	0.02%	0.02%	0.02%
	HLT	B	0.12%	0.11%	0.11%
	HOLX	B	0.04%	0.04%	0.04%
	HON	D	0.29%	0.27%	0.27%
	HPE	D	0.05%	0.04%	0.04%
	HPQ	D	0.06%	0.07%	0.06%
	HRL	C	0.02%	0.02%	0.02%
	HSIC	C	0.02%	0.02%	0.02%
	HST	D	0.03%	0.02%	0.02%
	HSY	C	0.06%	0.06%	0.06%
	HUBB	B	0.05%	0.04%	0.04%
	HUM	F	0.09%	0.09%	0.09%
	HWM	B	0.08%	0.08%	0.08%
	IBM	B	0.43%	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	0.02%	0.02%	0.02%
	INTC	F	0.18%	0.17%	0.17%
	INTU	D	0.4%	0.37%	0.37%
	INVH	C	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	C	0.08%	0.07%	0.07%
	IRM	B	0.08%	0.07%	0.07%
	ISRG	C	0.38%	0.36%	0.36%
	IT	B	0.09%	0.08%	0.08%
	ITW	B	0.15%	0.15%	0.15%
	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	0.11%	0.1%	0.1%
	JKHY	B	0.03%	0.03%	0.03%
	JNJ	B	0.87%	0.84%	0.84%
	JNPR	A	0.03%	0.03%	0.03%
	JPM	D	1.3%	1.23%	1.23%
	K	A	0.05%	0.05%	0.05%
	KDP	A	0.09%	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	0.18%	0.15%	0.15%
	KLAC	D	0.22%	0.2%	0.2%
	KMB	D	0.11%	0.1%	0.1%
	KMX	D	0.03%	0.03%	0.03%
	KO	B	0.61%	0.61%	0.61%
	KR	B	0.08%	0.07%	0.07%
	KVUE	B	0.1%	0.09%	0.09%
	L	B	0.03%	0.03%	0.03%
	LDOS	C	0.05%	0.04%	0.04%
	LEN	B	0.1%	0.09%	0.09%
	LHX	D	0.09%	0.09%	0.09%
	LIN	B	0.49%	0.47%	0.47%
	LKQ	D	0.02%	0.02%	0.02%
	LLY	C	1.64%	1.52%	1.52%
	LMT	C	0.27%	0.26%	0.26%
	LNT	A	0.03%	0.03%	0.03%
	LOW	B	0.32%	0.29%	0.29%
	LRCX	F	0.21%	0.2%	0.2%
	LULU	D	0.07%	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	B	0.03%	0.03%	0.03%
	MA	B	0.89%	0.85%	0.85%
	MAA	B	0.04%	0.04%	0.04%
	MAR	C	0.12%	0.12%	0.12%
	MAS	B	0.04%	0.04%	0.04%
	MCD	C	0.46%	0.44%	0.44%
	MCHP	D	0.09%	0.08%	0.08%
	MCK	F	0.15%	0.14%	0.14%
	MCO	A	0.17%	0.17%	0.17%
	MDLZ	B	0.22%	0.21%	0.21%
	MDT	C	0.26%	0.24%	0.24%
	MET	A	0.1%	0.1%	0.1%
	META	A	2.53%	2.31%	2.31%
	MGM	D	0.02%	0.02%	0.02%
	MKC	B	0.05%	0.04%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	D	0.07%	0.07%	0.07%
	MMC	C	0.25%	0.24%	0.24%
	MMM	B	0.16%	0.15%	0.15%
	MNST	C	0.08%	0.08%	0.08%
	MO	C	0.2%	0.19%	0.19%
	MOH	C	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPWR	C	0.09%	0.09%	0.09%
	MRK	D	0.64%	0.61%	0.61%
	MRNA	F	0.05%	0.05%	0.05%
	MS	D	0.27%	0.25%	0.25%
	MSCI	C	0.1%	0.09%	0.09%
	MSFT	C	6.97%	6.11%	6.11%
	MSI	C	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	0.07%	0.06%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	B	0.38%	0.35%	0.35%
	NEM	B	0.13%	0.12%	0.12%
	NFLX	B	0.65%	0.61%	0.61%
	NI	B	0.03%	0.03%	0.03%
	NKE	D	0.21%	0.2%	0.2%
	NOC	B	0.16%	0.15%	0.15%
	NOW	A	0.4%	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	F	0.07%	0.07%	0.07%
	NVDA	D	6.44%	5.55%	5.55%
	NVR	B	0.07%	0.06%	0.06%
	NWSA	D	0.02%	0.02%	0.02%
	NXPI	D	0.13%	0.12%	0.12%
	O	B	0.12%	0.11%	0.11%
	ODFL	C	0.07%	0.08%	0.07%
	OMC	A	0.04%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	ORCL	B	0.57%	0.54%	0.54%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	D	0.08%	0.08%	0.08%
	PANW	D	0.24%	0.23%	0.23%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	C	0.09%	0.09%	0.09%
	PCAR	D	0.11%	0.1%	0.1%
	PCG	C	0.09%	0.08%	0.08%
	PEG	B	0.09%	0.08%	0.08%
	PEP	C	0.54%	0.51%	0.51%
	PFE	C	0.36%	0.35%	0.35%
	PFG	B	0.04%	0.04%	0.04%
	PG	C	0.9%	0.88%	0.88%
	PGR	A	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	C	0.27%	0.26%	0.26%
	PM	C	0.43%	0.41%	0.41%
	PNC	B	0.16%	0.15%	0.15%
	PNR	B	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	C	0.05%	0.05%	0.05%
	PRU	C	0.09%	0.09%	0.09%
	PSA	B	0.12%	0.12%	0.12%
	PTC	D	0.04%	0.04%	0.04%
	PWR	B	0.09%	0.08%	0.08%
	PYPL	B	0.16%	0.14%	0.14%
	QCOM	D	0.41%	0.38%	0.38%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	B	0.09%	0.08%	0.08%
	REG	C	0.03%	0.03%	0.03%
	REGN	C	0.27%	0.26%	0.26%
	RF	B	0.04%	0.04%	0.04%
	RJF	C	0.05%	0.05%	0.05%
	RMD	C	0.08%	0.08%	0.08%
	ROK	D	0.06%	0.06%	0.06%
	ROL	C	0.03%	0.03%	0.03%
	ROP	C	0.13%	0.12%	0.12%
	ROST	C	0.11%	0.11%	0.11%
	RSG	D	0.09%	0.09%	0.09%
	RTX	C	0.35%	0.33%	0.33%
	SBAC	C	0.06%	0.05%	0.05%
	SBUX	C	0.25%	0.22%	0.22%
	SCHW	D	0.2%	0.2%	0.2%
	SHW	B	0.19%	0.19%	0.19%
	SJM	C	0.03%	0.03%	0.03%
	SMCI	F	0.05%	0.05%	0.05%
	SNA	B	0.03%	0.03%	0.03%
	SNPS	D	0.16%	0.15%	0.15%
	SO	B	0.21%	0.2%	0.2%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.12%	0.11%	0.11%
	SPGI	B	0.37%	0.35%	0.35%
	SRE	B	0.11%	0.11%	0.11%
	STE	C	0.05%	0.05%	0.05%
	STLD	D	0.04%	0.03%	0.03%
	STT	A	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	C	0.04%	0.04%	0.04%
	SYK	C	0.27%	0.26%	0.26%
	SYY	D	0.08%	0.08%	0.08%
	T	B	0.34%	0.32%	0.32%
	TAP	C	0.02%	0.02%	0.02%
	TDG	B	0.16%	0.15%	0.15%
	TDY	C	0.04%	0.04%	0.04%
	TECH	C	0.03%	0.02%	0.02%
	TEL	D	0.1%	0.09%	0.09%
	TER	D	0.04%	0.04%	0.04%
	TFC	D	0.12%	0.12%	0.12%
	TFX	C	0.02%	0.02%	0.02%
	TGT	C	0.15%	0.14%	0.14%
	TJX	C	0.29%	0.28%	0.28%
	TMO	C	0.51%	0.5%	0.5%
	TMUS	C	0.23%	0.22%	0.22%
	TRMB	C	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRV	B	0.12%	0.11%	0.11%
	TSCO	C	0.07%	0.06%	0.06%
	TSLA	C	1.4%	1.36%	1.36%
	TSN	C	0.04%	0.04%	0.04%
	TT	B	0.18%	0.16%	0.16%
	TTWO	D	0.05%	0.05%	0.05%
	TXN	C	0.39%	0.38%	0.38%
	TXT	D	0.04%	0.03%	0.03%
	TYL	C	0.05%	0.05%	0.05%
	UBER	C	0.31%	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	1.19%	1.15%	1.15%
	UNP	B	0.33%	0.32%	0.32%
	UPS	D	0.21%	0.2%	0.2%
	URI	B	0.1%	0.1%	0.1%
	USB	B	0.15%	0.15%	0.15%
	V	B	0.99%	0.94%	0.94%
	VICI	C	0.08%	0.07%	0.07%
	VLTO	C	0.05%	0.06%	0.05%
	VMC	D	0.07%	0.06%	0.06%
	VRSK	D	0.08%	0.08%	0.08%
	VRSN	D	0.03%	0.03%	0.03%
	VRTX	D	0.27%	0.25%	0.25%
	VST	C	0.06%	0.06%	0.06%
	VTR	C	0.06%	0.05%	0.05%
	VTRS	C	0.03%	0.03%	0.03%
	VZ	B	0.41%	0.38%	0.38%
	WAB	A	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	0.05%	0.04%	0.04%
	WEC	B	0.07%	0.06%	0.06%
	WELL	B	0.17%	0.16%	0.16%
	WFC	D	0.4%	0.39%	0.39%
	WM	D	0.17%	0.17%	0.17%
	WMT	B	0.75%	0.73%	0.73%
	WRB	C	0.04%	0.04%	0.04%
	WST	D	0.05%	0.05%	0.05%
	WTW	B	0.06%	0.06%	0.06%
	WY	C	0.05%	0.05%	0.05%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	A	0.08%	0.07%	0.07%
	XYL	D	0.07%	0.07%	0.07%
	YUM	D	0.08%	0.08%	0.08%
	ZBH	F	0.05%	0.04%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZTS	B	0.19%	0.18%	0.18%

SPXE Overweight 17 Positions Relative to PBUS

	Symbol	Grade	Weight
	UAL	B	0.04%
	IVZ	C	0.02%
	AAL	D	0.02%
	BWA	D	0.02%
	FMC	C	0.02%
	MHK	B	0.02%
	CZR	C	0.02%
	NCLH	C	0.02%
	GNRC	D	0.02%
	GL	C	0.02%
	FRT	C	0.02%
	HAS	B	0.02%
	TPR	C	0.02%
	PNW	B	0.02%
	NWS	D	0.01%
	ETSY	F	0.01%
	RL	B	0.01%

SPXE Underweight 123 Positions Relative to PBUS

	Symbol	Grade	Weight
	XOM	D	-1.04%
	CVX	D	-0.51%
	COP	D	-0.25%
	MELI	B	-0.19%
	PLTR	B	-0.15%
	EOG	D	-0.14%
	MRVL	C	-0.13%
	SLB	F	-0.12%
	MPC	D	-0.12%
	OKE	B	-0.11%
	PSX	D	-0.11%
	WDAY	D	-0.11%
	WMB	B	-0.11%
	WCN	D	-0.1%
	LNG	D	-0.09%
	KMI	A	-0.09%
	APO	C	-0.09%
	TTD	B	-0.09%
	VLO	D	-0.09%
	DASH	C	-0.08%
	FLUT	B	-0.08%
	ALNY	B	-0.07%
	SNOW	F	-0.07%
	BKR	D	-0.07%
	OXY	F	-0.07%
	VEEV	C	-0.07%
	SQ	D	-0.07%
	HES	D	-0.07%
	VRT	C	-0.06%
	DELL	D	-0.06%
	COIN	F	-0.06%
	DDOG	D	-0.06%
	TRGP	B	-0.06%
	FANG	D	-0.06%
	NET	F	-0.05%
	HUBS	D	-0.05%
	HAL	F	-0.05%
	DVN	F	-0.05%
	TEAM	F	-0.05%
	ARES	B	-0.05%
	WSM	C	-0.04%
	CTRA	F	-0.04%
	BURL	B	-0.04%
	EME	B	-0.04%
	PINS	F	-0.04%
	SUI	B	-0.04%
	APP	B	-0.04%
	AVTR	B	-0.04%
	EQT	D	-0.04%
	LII	B	-0.04%
	FCNCA	D	-0.04%
	CSL	C	-0.04%
	TRU	B	-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	C	-0.03%
	ERIE	A	-0.03%
	TW	A	-0.03%
	ELS	C	-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	F	-0.03%
	UTHR	C	-0.03%
	HEI	B	-0.03%
	MRO	D	-0.03%
	FNF	A	-0.03%
	RPM	B	-0.03%
	LPLA	D	-0.03%
	RS	D	-0.03%
	WSO	C	-0.03%
	BMRN	F	-0.03%
	TPL	C	-0.03%
	MANH	B	-0.03%
	ENTG	D	-0.03%
	DKNG	D	-0.03%
	SSNC	B	-0.03%
	ZM	C	-0.03%
	CRBG	D	-0.02%
	SEIC	B	-0.02%
	DINO	D	-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	B	-0.02%
	Z	B	-0.02%
	APA	F	-0.02%
	CG	C	-0.02%
	ALLY	F	-0.02%
	CNH	C	-0.02%
	SNAP	F	-0.02%
	AFG	B	-0.02%
	IOT	A	-0.02%
	RIVN	F	-0.02%
	TWLO	D	-0.02%
	WTRG	D	-0.02%
	HOOD	C	-0.02%
	OVV	D	-0.02%
	RPRX	C	-0.02%
	EXAS	C	-0.02%
	CCK	A	-0.02%
	HEI	B	-0.02%
	DOCU	C	-0.02%
	OKTA	F	-0.02%
	NBIX	F	-0.02%
	CELH	F	-0.01%
	WLK	D	-0.01%
	H	C	-0.01%
	UHAL	B	-0.01%
	ACI	F	-0.01%

SPXE: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management 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 Insurance - Property & Casualty

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

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