SPYV vs. PBP ETF Comparison

Comparison of SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV) to PowerShares S&P 500 BuyWrite Portfolio (PBP)

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.14

Average Daily Volume

2,507,196

Number of Holdings ^*

432

* may have additional holdings in another (foreign) market

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$23.23

Average Daily Volume

18,997

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	SPYV	PBP
30 Days	2.50%	2.09%
60 Days	5.11%	5.34%
90 Days	9.31%	9.37%
12 Months	32.16%	19.75%

432 Overlapping Holdings

	Symbol	Grade	Weight in SPYV	Weight in PBP	Overlap
	A	D	0.18%	0.08%	0.08%
	ABBV	B	1.07%	0.75%	0.75%
	ABNB	D	0.14%	0.12%	0.12%
	ABT	B	0.95%	0.41%	0.41%
	ACN	C	0.48%	0.45%	0.45%
	ADI	D	0.22%	0.23%	0.22%
	ADM	F	0.13%	0.06%	0.06%
	ADP	A	0.35%	0.25%	0.25%
	ADSK	A	0.14%	0.13%	0.13%
	AEE	A	0.11%	0.05%	0.05%
	AEP	D	0.25%	0.11%	0.11%
	AES	F	0.06%	0.02%	0.02%
	AFL	D	0.27%	0.11%	0.11%
	AIG	C	0.24%	0.1%	0.1%
	AIZ	A	0.05%	0.02%	0.02%
	AJG	C	0.15%	0.13%	0.13%
	AKAM	F	0.04%	0.03%	0.03%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	F	0.03%	0.03%	0.03%
	ALL	B	0.24%	0.1%	0.1%
	ALLE	C	0.04%	0.03%	0.03%
	AMCR	D	0.08%	0.03%	0.03%
	AME	A	0.1%	0.09%	0.09%
	AMGN	C	0.81%	0.36%	0.36%
	AMP	B	0.11%	0.1%	0.1%
	AMT	F	0.28%	0.21%	0.21%
	ANSS	B	0.06%	0.06%	0.06%
	AON	B	0.19%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APD	B	0.33%	0.14%	0.14%
	APH	B	0.17%	0.17%	0.17%
	APTV	F	0.09%	0.03%	0.03%
	ARE	D	0.08%	0.04%	0.04%
	ATO	A	0.1%	0.04%	0.04%
	AVB	A	0.15%	0.07%	0.07%
	AVY	F	0.08%	0.03%	0.03%
	AWK	D	0.13%	0.06%	0.06%
	AXP	B	0.22%	0.32%	0.22%
	AZO	D	0.08%	0.1%	0.08%
	BA	F	0.27%	0.23%	0.23%
	BAC	B	1.37%	0.59%	0.59%
	BALL	F	0.09%	0.04%	0.04%
	BAX	F	0.09%	0.04%	0.04%
	BBY	D	0.08%	0.04%	0.04%
	BDX	F	0.33%	0.14%	0.14%
	BEN	C	0.03%	0.01%	0.01%
	BG	F	0.06%	0.02%	0.02%
	BIIB	F	0.13%	0.05%	0.05%
	BK	B	0.27%	0.12%	0.12%
	BKR	B	0.18%	0.08%	0.08%
	BMY	C	0.51%	0.24%	0.24%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	C	3.99%	1.72%	1.72%
	BRO	B	0.03%	0.05%	0.03%
	BSX	A	0.27%	0.26%	0.26%
	BWA	D	0.04%	0.02%	0.02%
	BX	A	0.17%	0.25%	0.17%
	BXP	B	0.06%	0.02%	0.02%
	C	B	0.59%	0.26%	0.26%
	CAG	F	0.07%	0.03%	0.03%
	CAH	B	0.13%	0.06%	0.06%
	CARR	D	0.15%	0.13%	0.13%
	CAT	B	0.37%	0.38%	0.37%
	CB	D	0.51%	0.22%	0.22%
	CBOE	D	0.04%	0.05%	0.04%
	CBRE	A	0.19%	0.08%	0.08%
	CCI	D	0.22%	0.1%	0.1%
	CCL	B	0.03%	0.05%	0.03%
	CDW	F	0.07%	0.05%	0.05%
	CEG	D	0.22%	0.17%	0.17%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.09%	0.04%	0.04%
	CHD	C	0.06%	0.05%	0.05%
	CHRW	B	0.06%	0.03%	0.03%
	CHTR	B	0.08%	0.07%	0.07%
	CI	F	0.42%	0.18%	0.18%
	CINF	B	0.11%	0.05%	0.05%
	CL	F	0.23%	0.16%	0.16%
	CLX	B	0.09%	0.04%	0.04%
	CMCSA	B	0.78%	0.35%	0.35%
	CME	B	0.25%	0.17%	0.17%
	CMI	B	0.22%	0.09%	0.09%
	CMS	D	0.1%	0.04%	0.04%
	CNC	F	0.16%	0.07%	0.07%
	CNP	B	0.09%	0.04%	0.04%
	COF	B	0.3%	0.13%	0.13%
	COP	C	0.18%	0.27%	0.18%
	COR	B	0.19%	0.08%	0.08%
	COST	B	1.08%	0.81%	0.81%
	CPB	D	0.04%	0.02%	0.02%
	CPT	C	0.06%	0.03%	0.03%
	CRL	D	0.04%	0.02%	0.02%
	CSCO	A	1.07%	0.46%	0.46%
	CSGP	D	0.08%	0.06%	0.06%
	CSX	B	0.16%	0.14%	0.14%
	CTAS	A	0.15%	0.15%	0.15%
	CTLT	D	0.05%	0.02%	0.02%
	CTRA	C	0.03%	0.04%	0.03%
	CTSH	B	0.18%	0.08%	0.08%
	CTVA	C	0.2%	0.09%	0.09%
	CVS	F	0.34%	0.15%	0.15%
	CVX	B	1.2%	0.53%	0.53%
	CZR	D	0.02%	0.02%	0.02%
	D	C	0.23%	0.1%	0.1%
	DAL	B	0.08%	0.08%	0.08%
	DAY	A	0.02%	0.02%	0.02%
	DD	D	0.17%	0.07%	0.07%
	DE	C	0.21%	0.22%	0.21%
	DELL	C	0.08%	0.07%	0.07%
	DFS	B	0.09%	0.08%	0.08%
	DG	F	0.08%	0.04%	0.04%
	DGX	B	0.08%	0.04%	0.04%
	DHR	F	0.75%	0.33%	0.33%
	DIS	C	0.83%	0.36%	0.36%
	DLR	B	0.16%	0.11%	0.11%
	DLTR	F	0.06%	0.03%	0.03%
	DOC	B	0.08%	0.03%	0.03%
	DOV	B	0.13%	0.05%	0.05%
	DOW	F	0.17%	0.07%	0.07%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	D	0.12%	0.05%	0.05%
	DUK	D	0.42%	0.19%	0.19%
	DVA	D	0.01%	0.01%	0.01%
	DVN	F	0.11%	0.05%	0.05%
	DXCM	D	0.05%	0.06%	0.05%
	EA	B	0.1%	0.08%	0.08%
	EBAY	D	0.15%	0.06%	0.06%
	ECL	D	0.15%	0.13%	0.13%
	ED	D	0.17%	0.07%	0.07%
	EFX	D	0.1%	0.07%	0.07%
	EG	D	0.08%	0.03%	0.03%
	EIX	D	0.15%	0.07%	0.07%
	EL	F	0.1%	0.03%	0.03%
	ELV	F	0.46%	0.2%	0.2%
	EMN	D	0.06%	0.03%	0.03%
	EMR	B	0.3%	0.13%	0.13%
	ENPH	F	0.03%	0.02%	0.02%
	EOG	B	0.11%	0.14%	0.11%
	EPAM	C	0.03%	0.02%	0.02%
	EQIX	B	0.22%	0.18%	0.18%
	EQR	D	0.12%	0.05%	0.05%
	EQT	B	0.11%	0.05%	0.05%
	ERIE	D	0.02%	0.02%	0.02%
	ES	D	0.11%	0.05%	0.05%
	ESS	C	0.09%	0.04%	0.04%
	ETN	A	0.25%	0.28%	0.25%
	ETR	B	0.14%	0.07%	0.07%
	EVRG	B	0.07%	0.03%	0.03%
	EW	F	0.12%	0.08%	0.08%
	EXC	D	0.19%	0.08%	0.08%
	EXPD	D	0.05%	0.04%	0.04%
	EXR	D	0.17%	0.07%	0.07%
	F	D	0.2%	0.08%	0.08%
	FAST	B	0.11%	0.09%	0.09%
	FCX	C	0.16%	0.13%	0.13%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.3%	0.13%	0.13%
	FE	D	0.1%	0.04%	0.04%
	FFIV	B	0.07%	0.03%	0.03%
	FI	B	0.26%	0.24%	0.24%
	FIS	C	0.24%	0.1%	0.1%
	FITB	B	0.14%	0.06%	0.06%
	FMC	D	0.04%	0.02%	0.02%
	FOX	B	0.02%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FRT	C	0.04%	0.02%	0.02%
	FSLR	F	0.1%	0.04%	0.04%
	GD	B	0.37%	0.16%	0.16%
	GE	C	0.52%	0.39%	0.39%
	GEHC	D	0.19%	0.08%	0.08%
	GEN	B	0.07%	0.03%	0.03%
	GEV	A	0.22%	0.17%	0.17%
	GILD	B	0.53%	0.23%	0.23%
	GIS	F	0.18%	0.08%	0.08%
	GL	C	0.05%	0.02%	0.02%
	GLW	B	0.18%	0.08%	0.08%
	GM	B	0.28%	0.12%	0.12%
	GNRC	A	0.02%	0.02%	0.02%
	GPC	F	0.08%	0.03%	0.03%
	GPN	C	0.13%	0.06%	0.06%
	GRMN	B	0.07%	0.06%	0.06%
	GS	B	0.79%	0.34%	0.34%
	GWW	A	0.06%	0.1%	0.06%
	HAL	D	0.12%	0.05%	0.05%
	HAS	D	0.04%	0.02%	0.02%
	HBAN	B	0.11%	0.05%	0.05%
	HCA	D	0.17%	0.14%	0.14%
	HD	B	1.17%	0.81%	0.81%
	HIG	C	0.16%	0.07%	0.07%
	HII	F	0.05%	0.02%	0.02%
	HOLX	D	0.09%	0.04%	0.04%
	HON	B	0.64%	0.28%	0.28%
	HPE	B	0.13%	0.05%	0.05%
	HPQ	B	0.17%	0.07%	0.07%
	HRL	F	0.04%	0.02%	0.02%
	HSIC	F	0.04%	0.02%	0.02%
	HST	C	0.02%	0.03%	0.02%
	HSY	F	0.08%	0.05%	0.05%
	HUBB	B	0.06%	0.05%	0.05%
	HUM	F	0.15%	0.06%	0.06%
	HWM	B	0.08%	0.09%	0.08%
	IBM	D	0.9%	0.4%	0.4%
	ICE	D	0.46%	0.19%	0.19%
	IDXX	F	0.08%	0.07%	0.07%
	IEX	B	0.08%	0.03%	0.03%
	IFF	F	0.12%	0.05%	0.05%
	INCY	A	0.06%	0.02%	0.02%
	INTC	C	0.46%	0.19%	0.19%
	INVH	D	0.09%	0.04%	0.04%
	IP	B	0.08%	0.04%	0.04%
	IPG	F	0.05%	0.02%	0.02%
	IQV	F	0.11%	0.07%	0.07%
	IR	B	0.04%	0.08%	0.04%
	IRM	C	0.09%	0.08%	0.08%
	ISRG	A	0.3%	0.37%	0.3%
	ITW	B	0.18%	0.15%	0.15%
	IVZ	B	0.04%	0.02%	0.02%
	J	C	0.08%	0.04%	0.04%
	JBHT	B	0.07%	0.03%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	A	0.24%	0.11%	0.11%
	JKHY	C	0.06%	0.03%	0.03%
	JNJ	D	1.85%	0.8%	0.8%
	JNPR	C	0.06%	0.03%	0.03%
	JPM	B	3.05%	1.32%	1.32%
	K	A	0.1%	0.05%	0.05%
	KDP	F	0.17%	0.07%	0.07%
	KEY	B	0.08%	0.03%	0.03%
	KEYS	A	0.13%	0.05%	0.05%
	KHC	F	0.14%	0.06%	0.06%
	KIM	A	0.08%	0.03%	0.03%
	KMB	D	0.22%	0.09%	0.09%
	KMI	A	0.23%	0.1%	0.1%
	KMX	F	0.06%	0.02%	0.02%
	KO	D	0.75%	0.53%	0.53%
	KR	A	0.18%	0.08%	0.08%
	KVUE	A	0.21%	0.09%	0.09%
	L	A	0.07%	0.03%	0.03%
	LDOS	A	0.12%	0.05%	0.05%
	LEN	D	0.09%	0.09%	0.09%
	LH	A	0.09%	0.04%	0.04%
	LHX	A	0.22%	0.1%	0.1%
	LIN	D	0.52%	0.46%	0.46%
	LKQ	F	0.05%	0.02%	0.02%
	LMT	D	0.55%	0.24%	0.24%
	LNT	D	0.07%	0.03%	0.03%
	LOW	B	0.71%	0.31%	0.31%
	LUV	B	0.09%	0.04%	0.04%
	LVS	C	0.03%	0.04%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.11%	0.05%	0.05%
	MA	A	0.57%	0.86%	0.57%
	MAA	C	0.09%	0.04%	0.04%
	MAS	D	0.04%	0.04%	0.04%
	MCD	D	0.56%	0.44%	0.44%
	MCHP	F	0.08%	0.08%	0.08%
	MCK	B	0.31%	0.14%	0.14%
	MCO	C	0.18%	0.15%	0.15%
	MDLZ	F	0.26%	0.19%	0.19%
	MDT	C	0.56%	0.24%	0.24%
	MET	C	0.23%	0.1%	0.1%
	MGM	F	0.01%	0.02%	0.01%
	MHK	D	0.03%	0.01%	0.01%
	MKC	D	0.09%	0.04%	0.04%
	MKTX	C	0.05%	0.02%	0.02%
	MLM	B	0.06%	0.08%	0.06%
	MMC	C	0.25%	0.22%	0.22%
	MMM	C	0.34%	0.15%	0.15%
	MNST	B	0.07%	0.08%	0.07%
	MO	B	0.41%	0.19%	0.19%
	MOH	F	0.04%	0.04%	0.04%
	MOS	C	0.04%	0.02%	0.02%
	MPC	F	0.1%	0.1%	0.1%
	MRK	F	0.76%	0.54%	0.54%
	MRNA	F	0.09%	0.04%	0.04%
	MRO	B	0.03%	0.03%	0.03%
	MS	B	0.7%	0.3%	0.3%
	MSCI	B	0.09%	0.09%	0.09%
	MSI	A	0.15%	0.16%	0.15%
	MTB	B	0.16%	0.07%	0.07%
	MTCH	F	0.05%	0.02%	0.02%
	MTD	F	0.08%	0.05%	0.05%
	MU	C	0.55%	0.23%	0.23%
	NDAQ	B	0.15%	0.06%	0.06%
	NDSN	C	0.07%	0.03%	0.03%
	NEE	D	0.78%	0.34%	0.34%
	NEM	D	0.26%	0.11%	0.11%
	NI	A	0.08%	0.03%	0.03%
	NKE	F	0.25%	0.19%	0.19%
	NOC	C	0.33%	0.15%	0.15%
	NRG	B	0.09%	0.04%	0.04%
	NSC	B	0.27%	0.12%	0.12%
	NTAP	C	0.07%	0.05%	0.05%
	NTRS	B	0.1%	0.04%	0.04%
	NUE	C	0.06%	0.07%	0.06%
	NWS	B	0.02%	0.01%	0.01%
	NWSA	B	0.05%	0.02%	0.02%
	NXPI	D	0.07%	0.12%	0.07%
	O	D	0.25%	0.11%	0.11%
	OKE	A	0.1%	0.12%	0.1%
	OMC	B	0.1%	0.04%	0.04%
	ON	D	0.08%	0.06%	0.06%
	ORLY	B	0.09%	0.14%	0.09%
	OTIS	B	0.11%	0.08%	0.08%
	OXY	F	0.16%	0.07%	0.07%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	B	0.02%	0.02%	0.02%
	PAYX	A	0.13%	0.09%	0.09%
	PCAR	B	0.07%	0.11%	0.07%
	PCG	B	0.21%	0.09%	0.09%
	PEG	D	0.21%	0.09%	0.09%
	PEP	F	0.7%	0.48%	0.48%
	PFE	F	0.77%	0.33%	0.33%
	PFG	C	0.09%	0.04%	0.04%
	PG	D	1.14%	0.81%	0.81%
	PGR	B	0.34%	0.3%	0.3%
	PH	B	0.08%	0.17%	0.08%
	PKG	B	0.1%	0.04%	0.04%
	PLD	F	0.51%	0.22%	0.22%
	PM	C	0.62%	0.43%	0.43%
	PNC	A	0.36%	0.16%	0.16%
	PNR	B	0.02%	0.03%	0.02%
	PNW	B	0.05%	0.02%	0.02%
	PODD	B	0.05%	0.03%	0.03%
	POOL	B	0.03%	0.03%	0.03%
	PPG	F	0.14%	0.06%	0.06%
	PPL	B	0.11%	0.05%	0.05%
	PRU	C	0.22%	0.09%	0.09%
	PSA	D	0.15%	0.11%	0.11%
	PSX	F	0.24%	0.11%	0.11%
	PTC	B	0.04%	0.05%	0.04%
	PWR	A	0.07%	0.09%	0.07%
	PYPL	A	0.38%	0.17%	0.17%
	QCOM	C	0.43%	0.38%	0.38%
	QRVO	F	0.03%	0.01%	0.01%
	REG	B	0.06%	0.02%	0.02%
	REGN	F	0.19%	0.19%	0.19%
	RF	B	0.11%	0.05%	0.05%
	RJF	B	0.13%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	B	0.17%	0.07%	0.07%
	ROK	B	0.08%	0.06%	0.06%
	ROL	C	0.04%	0.03%	0.03%
	ROP	B	0.16%	0.12%	0.12%
	RSG	B	0.08%	0.08%	0.08%
	RTX	C	0.78%	0.34%	0.34%
	RVTY	B	0.07%	0.03%	0.03%
	SBAC	D	0.07%	0.05%	0.05%
	SBUX	B	0.22%	0.23%	0.22%
	SCHW	B	0.51%	0.22%	0.22%
	SHW	B	0.2%	0.17%	0.17%
	SJM	D	0.06%	0.03%	0.03%
	SLB	D	0.27%	0.12%	0.12%
	SNA	A	0.05%	0.04%	0.04%
	SO	D	0.47%	0.21%	0.21%
	SOLV	C	0.05%	0.02%	0.02%
	SPG	A	0.16%	0.11%	0.11%
	SPGI	D	0.42%	0.32%	0.32%
	SRE	A	0.25%	0.11%	0.11%
	STE	F	0.05%	0.05%	0.05%
	STLD	B	0.03%	0.04%	0.03%
	STT	B	0.13%	0.06%	0.06%
	STX	D	0.06%	0.04%	0.04%
	STZ	F	0.18%	0.08%	0.08%
	SW	B	0.12%	0.05%	0.05%
	SWK	F	0.07%	0.03%	0.03%
	SWKS	F	0.07%	0.03%	0.03%
	SYF	B	0.11%	0.05%	0.05%
	SYK	A	0.21%	0.25%	0.21%
	SYY	C	0.17%	0.08%	0.08%
	T	B	0.76%	0.34%	0.34%
	TAP	C	0.05%	0.02%	0.02%
	TDY	A	0.1%	0.04%	0.04%
	TECH	B	0.06%	0.02%	0.02%
	TER	F	0.09%	0.04%	0.04%
	TFC	B	0.28%	0.12%	0.12%
	TFX	F	0.05%	0.02%	0.02%
	TGT	F	0.33%	0.14%	0.14%
	TJX	C	0.21%	0.27%	0.21%
	TMO	F	0.62%	0.44%	0.44%
	TMUS	A	0.52%	0.23%	0.23%
	TPR	A	0.05%	0.02%	0.02%
	TRMB	A	0.07%	0.03%	0.03%
	TROW	B	0.12%	0.05%	0.05%
	TRV	B	0.27%	0.12%	0.12%
	TSCO	C	0.08%	0.06%	0.06%
	TSN	D	0.08%	0.03%	0.03%
	TT	A	0.13%	0.17%	0.13%
	TTWO	B	0.06%	0.05%	0.05%
	TXN	A	0.57%	0.39%	0.39%
	TXT	D	0.07%	0.03%	0.03%
	UAL	A	0.13%	0.05%	0.05%
	UDR	C	0.06%	0.03%	0.03%
	UHS	D	0.06%	0.03%	0.03%
	ULTA	C	0.03%	0.04%	0.03%
	UNH	B	1.54%	1.09%	1.09%
	UNP	D	0.37%	0.29%	0.29%
	UPS	D	0.47%	0.2%	0.2%
	USB	B	0.36%	0.16%	0.16%
	V	B	0.79%	1.01%	0.79%
	VICI	D	0.16%	0.07%	0.07%
	VLO	D	0.2%	0.09%	0.09%
	VLTO	D	0.12%	0.05%	0.05%
	VMC	B	0.06%	0.08%	0.06%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	D	0.04%	0.03%	0.03%
	VRTX	A	0.21%	0.26%	0.21%
	VTR	B	0.13%	0.06%	0.06%
	VTRS	B	0.07%	0.03%	0.03%
	VZ	D	0.83%	0.37%	0.37%
	WAB	A	0.16%	0.07%	0.07%
	WAT	B	0.06%	0.04%	0.04%
	WBA	F	0.03%	0.01%	0.01%
	WBD	C	0.08%	0.04%	0.04%
	WDC	C	0.1%	0.04%	0.04%
	WEC	B	0.15%	0.06%	0.06%
	WELL	B	0.38%	0.16%	0.16%
	WFC	B	1.07%	0.46%	0.46%
	WM	B	0.2%	0.16%	0.16%
	WMB	B	0.19%	0.13%	0.13%
	WMT	A	1.69%	0.74%	0.74%
	WRB	B	0.08%	0.04%	0.04%
	WTW	B	0.14%	0.06%	0.06%
	WY	D	0.11%	0.05%	0.05%
	XEL	B	0.17%	0.08%	0.08%
	XOM	B	2.48%	1.08%	1.08%
	XYL	F	0.15%	0.06%	0.06%
	YUM	C	0.1%	0.08%	0.08%
	ZBH	C	0.11%	0.05%	0.05%
	ZBRA	B	0.09%	0.04%	0.04%
	ZTS	F	0.18%	0.17%	0.17%

SPYV Overweight 0 Positions Relative to PBP

	Symbol	Grade	Weight

SPYV Underweight 66 Positions Relative to PBP

	Symbol	Grade	Weight
	AAPL	B	-7.16%
	NVDA	B	-6.81%
	MSFT	C	-6.3%
	AMZN	B	-3.63%
	META	B	-2.59%
	GOOGL	B	-2.09%
	GOOG	B	-1.73%
	AVGO	B	-1.65%
	TSLA	B	-1.45%
	LLY	D	-1.36%
	NFLX	A	-0.68%
	CRM	A	-0.59%
	ORCL	A	-0.56%
	AMD	F	-0.49%
	ADBE	F	-0.44%
	NOW	B	-0.4%
	INTU	A	-0.36%
	BKNG	B	-0.33%
	UBER	F	-0.32%
	AMAT	D	-0.31%
	PANW	A	-0.24%
	ANET	C	-0.21%
	LRCX	D	-0.2%
	KLAC	F	-0.19%
	KKR	B	-0.19%
	PLTR	A	-0.17%
	CDNS	B	-0.16%
	CMG	C	-0.16%
	SNPS	B	-0.16%
	TDG	C	-0.15%
	CRWD	C	-0.14%
	MAR	A	-0.13%
	HLT	A	-0.12%
	URI	B	-0.11%
	ROST	D	-0.1%
	RCL	B	-0.1%
	DHI	D	-0.1%
	FICO	B	-0.1%
	FTNT	A	-0.1%
	VST	B	-0.09%
	CPRT	B	-0.09%
	TRGP	A	-0.08%
	ACGL	D	-0.08%
	HES	C	-0.08%
	MPWR	F	-0.08%
	ODFL	B	-0.08%
	IT	B	-0.08%
	FANG	D	-0.07%
	LULU	D	-0.07%
	PHM	D	-0.06%
	NVR	D	-0.06%
	AXON	B	-0.06%
	WST	C	-0.05%
	CPAY	B	-0.05%
	GDDY	A	-0.05%
	DECK	B	-0.05%
	FTV	F	-0.05%
	TYL	B	-0.05%
	LYV	B	-0.04%
	EXPE	B	-0.04%
	BLDR	D	-0.04%
	CE	F	-0.03%
	SMCI	F	-0.03%
	APA	F	-0.02%
	WYNN	D	-0.02%
	NCLH	B	-0.02%

SPYV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Banks - Regional - US Capital Markets Packaged Foods Semiconductors Asset Management Drug Manufacturers - Major Medical Devices Aerospace & Defense Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty Medical Instruments & Supplies Oil & Gas E&P REIT - Residential Software - Application

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

PBP: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management 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