EQAL vs. BBMC ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC)

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$49.40

Average Daily Volume

21,444

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® US Mid Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$99.47

Average Daily Volume

34,863

Number of Holdings ^*

572

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	BBMC
30 Days	0.48%	2.56%
60 Days	3.46%	5.31%
90 Days	7.60%	10.25%
12 Months	25.47%	29.88%

393 Overlapping Holdings

	Symbol	Grade	Weight in EQAL	Weight in BBMC	Overlap
	AA	A	0.31%	0.25%	0.25%
	AAL	B	0.07%	0.21%	0.07%
	AAON	B	0.06%	0.23%	0.06%
	AAP	C	0.05%	0.06%	0.05%
	ACHC	F	0.04%	0.09%	0.04%
	ACM	B	0.05%	0.37%	0.05%
	ADC	A	0.14%	0.18%	0.14%
	ADTN	A	0.05%	0.06%	0.05%
	AFRM	A	0.06%	0.32%	0.06%
	AGCO	D	0.05%	0.14%	0.05%
	AGNC	C	0.06%	0.18%	0.06%
	AGO	A	0.08%	0.12%	0.08%
	AIZ	A	0.07%	0.27%	0.07%
	AL	A	0.05%	0.12%	0.05%
	ALGM	F	0.06%	0.06%	0.06%
	ALK	A	0.07%	0.16%	0.07%
	ALLY	C	0.07%	0.24%	0.07%
	ALSN	A	0.06%	0.25%	0.06%
	AM	A	0.2%	0.13%	0.13%
	AMG	A	0.07%	0.15%	0.07%
	AMH	C	0.13%	0.29%	0.13%
	AMKR	F	0.05%	0.08%	0.05%
	AN	D	0.05%	0.11%	0.05%
	AOS	F	0.04%	0.22%	0.04%
	APG	C	0.05%	0.17%	0.05%
	APLS	F	0.06%	0.06%	0.06%
	APP	A	0.16%	1.47%	0.16%
	AR	B	0.23%	0.22%	0.22%
	ARMK	C	0.06%	0.24%	0.06%
	ARW	D	0.06%	0.15%	0.06%
	ASH	F	0.22%	0.09%	0.09%
	ATI	D	0.04%	0.18%	0.04%
	ATR	B	0.05%	0.28%	0.05%
	AVT	C	0.06%	0.12%	0.06%
	AWI	B	0.06%	0.17%	0.06%
	AXS	A	0.07%	0.16%	0.07%
	AXTA	A	0.05%	0.2%	0.05%
	AYI	B	0.06%	0.25%	0.06%
	AZEK	B	0.05%	0.17%	0.05%
	AZTA	F	0.07%	0.05%	0.05%
	BBWI	C	0.06%	0.17%	0.06%
	BC	D	0.05%	0.13%	0.05%
	BERY	C	0.05%	0.19%	0.05%
	BFAM	F	0.04%	0.16%	0.04%
	BHF	B	0.08%	0.08%	0.08%
	BILL	A	0.08%	0.21%	0.08%
	BIO	D	0.09%	0.19%	0.09%
	BJ	B	0.05%	0.27%	0.05%
	BLD	F	0.04%	0.28%	0.04%
	BOKF	A	0.07%	0.07%	0.07%
	BPOP	D	0.06%	0.17%	0.06%
	BRBR	A	0.2%	0.23%	0.2%
	BRKR	F	0.07%	0.13%	0.07%
	BRX	A	0.14%	0.21%	0.14%
	BWA	B	0.05%	0.2%	0.05%
	BWXT	A	0.06%	0.29%	0.06%
	BYD	B	0.06%	0.12%	0.06%
	CACC	D	0.06%	0.06%	0.06%
	CACI	C	0.07%	0.31%	0.07%
	CAR	C	0.08%	0.04%	0.04%
	CASY	B	0.16%	0.38%	0.16%
	CBSH	A	0.07%	0.23%	0.07%
	CC	C	0.27%	0.07%	0.07%
	CELH	F	0.13%	0.11%	0.11%
	CFLT	B	0.09%	0.16%	0.09%
	CFR	B	0.08%	0.21%	0.08%
	CGNX	D	0.05%	0.17%	0.05%
	CHDN	C	0.05%	0.24%	0.05%
	CHE	D	0.08%	0.21%	0.08%
	CHH	A	0.06%	0.1%	0.06%
	CHRD	D	0.19%	0.19%	0.19%
	CHRW	A	0.05%	0.31%	0.05%
	CIEN	B	0.64%	0.25%	0.25%
	CIVI	C	0.19%	0.09%	0.09%
	CLF	F	0.24%	0.14%	0.14%
	CLH	C	0.21%	0.33%	0.21%
	CLVT	F	0.04%	0.04%	0.04%
	CMA	B	0.08%	0.23%	0.08%
	CNM	C	0.05%	0.19%	0.05%
	CNXC	F	0.04%	0.04%	0.04%
	COHR	C	0.08%	0.38%	0.08%
	COKE	D	0.15%	0.16%	0.15%
	COLB	B	0.08%	0.16%	0.08%
	COLD	F	0.1%	0.15%	0.1%
	COLM	B	0.05%	0.07%	0.05%
	COTY	F	0.04%	0.07%	0.04%
	CPRI	F	0.03%	0.06%	0.03%
	CR	B	0.05%	0.21%	0.05%
	CROX	F	0.04%	0.15%	0.04%
	CRUS	F	0.05%	0.14%	0.05%
	CSL	C	0.05%	0.52%	0.05%
	CTLT	D	0.08%	0.26%	0.08%
	CUBE	C	0.12%	0.26%	0.12%
	CUZ	B	0.14%	0.11%	0.11%
	CVNA	A	0.09%	0.7%	0.09%
	CW	B	0.06%	0.36%	0.06%
	CWEN	C	0.19%	0.02%	0.02%
	CWEN	C	0.19%	0.05%	0.05%
	CZR	F	0.05%	0.2%	0.05%
	DAR	B	0.19%	0.17%	0.17%
	DBX	C	0.07%	0.16%	0.07%
	DCI	B	0.05%	0.23%	0.05%
	DDS	B	0.07%	0.04%	0.04%
	DINO	D	0.19%	0.17%	0.17%
	DJT	C	0.1%	0.03%	0.03%
	DKNG	B	0.05%	0.49%	0.05%
	DKS	D	0.05%	0.28%	0.05%
	DLB	D	0.06%	0.11%	0.06%
	DNB	B	0.07%	0.08%	0.07%
	DOCS	B	0.11%	0.18%	0.11%
	DTM	A	0.26%	0.24%	0.24%
	DUOL	B	0.07%	0.28%	0.07%
	DV	C	0.07%	0.07%	0.07%
	DVA	C	0.08%	0.19%	0.08%
	DXC	D	0.06%	0.1%	0.06%
	EEFT	C	0.05%	0.11%	0.05%
	EGP	D	0.13%	0.21%	0.13%
	EHC	B	0.09%	0.25%	0.09%
	ELAN	D	0.08%	0.17%	0.08%
	ELF	C	0.05%	0.17%	0.05%
	EME	B	0.06%	0.6%	0.06%
	ENOV	C	0.08%	0.06%	0.06%
	EPR	D	0.13%	0.08%	0.08%
	ESAB	B	0.06%	0.18%	0.06%
	ESI	B	0.26%	0.16%	0.16%
	ESTC	C	0.07%	0.19%	0.07%
	ETSY	D	0.05%	0.16%	0.05%
	EVR	B	0.08%	0.27%	0.08%
	EXEL	B	0.11%	0.26%	0.11%
	EXP	B	0.05%	0.26%	0.05%
	FAF	C	0.06%	0.16%	0.06%
	FBIN	F	0.04%	0.24%	0.04%
	FCN	F	0.04%	0.18%	0.04%
	FHN	A	0.08%	0.26%	0.08%
	FIVE	F	0.05%	0.11%	0.05%
	FIVN	C	0.09%	0.07%	0.07%
	FIX	A	0.06%	0.41%	0.06%
	FLO	D	0.15%	0.11%	0.11%
	FLS	A	0.06%	0.19%	0.06%
	FMC	F	0.21%	0.17%	0.17%
	FNB	A	0.07%	0.15%	0.07%
	FND	F	0.05%	0.27%	0.05%
	FOUR	A	0.06%	0.14%	0.06%
	FR	D	0.13%	0.16%	0.13%
	FRPT	B	0.17%	0.17%	0.17%
	FRT	C	0.13%	0.23%	0.13%
	FYBR	C	0.49%	0.15%	0.15%
	G	A	0.05%	0.18%	0.05%
	GAP	C	0.05%	0.12%	0.05%
	GGG	A	0.05%	0.37%	0.05%
	GL	B	0.07%	0.25%	0.07%
	GLPI	C	0.13%	0.32%	0.13%
	GME	C	0.07%	0.26%	0.07%
	GMED	A	0.09%	0.23%	0.09%
	GNRC	B	0.06%	0.28%	0.06%
	GNTX	D	0.05%	0.17%	0.05%
	GPK	D	0.04%	0.22%	0.04%
	GTES	A	0.05%	0.1%	0.05%
	GTLB	C	0.07%	0.17%	0.07%
	GWRE	A	0.07%	0.4%	0.07%
	GXO	B	0.05%	0.18%	0.05%
	H	B	0.06%	0.17%	0.06%
	HAS	D	0.05%	0.2%	0.05%
	HHH	B	0.15%	0.06%	0.06%
	HLI	B	0.07%	0.24%	0.07%
	HOG	D	0.05%	0.11%	0.05%
	HOOD	A	0.09%	0.42%	0.09%
	HRB	D	0.05%	0.21%	0.05%
	HSIC	C	0.08%	0.21%	0.08%
	HUN	F	0.21%	0.08%	0.08%
	HXL	F	0.23%	0.13%	0.13%
	IAC	F	0.06%	0.09%	0.06%
	IBKR	A	0.09%	0.47%	0.09%
	IDA	A	0.22%	0.15%	0.15%
	INFA	D	0.06%	0.08%	0.06%
	INGR	B	0.17%	0.24%	0.17%
	INSP	F	0.07%	0.14%	0.07%
	IONS	F	0.07%	0.14%	0.07%
	IPGP	D	0.07%	0.06%	0.06%
	IRDM	D	0.57%	0.08%	0.08%
	ITCI	B	0.09%	0.21%	0.09%
	ITT	A	0.05%	0.31%	0.05%
	IVZ	B	0.07%	0.14%	0.07%
	JAZZ	B	0.09%	0.2%	0.09%
	JBL	C	0.08%	0.36%	0.08%
	JEF	A	0.08%	0.3%	0.08%
	JHG	A	0.08%	0.14%	0.08%
	JLL	C	0.14%	0.31%	0.14%
	KBR	D	0.06%	0.24%	0.06%
	KD	A	0.08%	0.16%	0.08%
	KEX	A	0.05%	0.19%	0.05%
	KMPR	A	0.07%	0.1%	0.07%
	KNSL	B	0.06%	0.26%	0.06%
	KNX	B	0.05%	0.21%	0.05%
	KRC	C	0.15%	0.11%	0.11%
	LAD	A	0.07%	0.25%	0.07%
	LAMR	D	0.14%	0.28%	0.14%
	LBRDK	C	0.74%	0.26%	0.26%
	LCID	F	0.03%	0.05%	0.03%
	LEA	F	0.05%	0.14%	0.05%
	LECO	C	0.05%	0.3%	0.05%
	LFUS	D	0.05%	0.15%	0.05%
	LITE	B	0.78%	0.14%	0.14%
	LNC	B	0.07%	0.15%	0.07%
	LNW	F	0.05%	0.23%	0.05%
	LOPE	B	0.06%	0.12%	0.06%
	LPX	A	0.06%	0.18%	0.06%
	LSCC	D	0.07%	0.18%	0.07%
	LSTR	D	0.04%	0.17%	0.04%
	LYFT	B	0.08%	0.16%	0.08%
	M	D	0.05%	0.1%	0.05%
	MAN	F	0.04%	0.07%	0.04%
	MANH	D	0.06%	0.43%	0.06%
	MASI	B	0.11%	0.18%	0.11%
	MAT	D	0.05%	0.16%	0.05%
	MDU	D	0.03%	0.08%	0.03%
	MEDP	D	0.08%	0.22%	0.08%
	MHK	D	0.04%	0.19%	0.04%
	MIDD	C	0.05%	0.18%	0.05%
	MKSI	C	0.05%	0.16%	0.05%
	MKTX	D	0.06%	0.25%	0.06%
	MORN	B	0.07%	0.23%	0.07%
	MP	B	0.32%	0.05%	0.05%
	MPW	F	0.1%	0.06%	0.06%
	MSA	D	0.05%	0.16%	0.05%
	MSGS	B	0.06%	0.09%	0.06%
	MSM	D	0.05%	0.1%	0.05%
	MSTR	A	0.15%	1.53%	0.15%
	MTCH	F	0.05%	0.2%	0.05%
	MTDR	B	0.23%	0.17%	0.17%
	MTG	C	0.06%	0.16%	0.06%
	MTN	C	0.05%	0.17%	0.05%
	MTSI	B	0.08%	0.19%	0.08%
	MTZ	B	0.05%	0.21%	0.05%
	MUSA	A	0.05%	0.26%	0.05%
	NCLH	B	0.08%	0.29%	0.08%
	NDSN	C	0.05%	0.32%	0.05%
	NEU	D	0.23%	0.1%	0.1%
	NFE	F	0.17%	0.03%	0.03%
	NFG	A	0.2%	0.14%	0.14%
	NNN	C	0.12%	0.19%	0.12%
	NOV	D	0.2%	0.16%	0.16%
	NSA	C	0.12%	0.07%	0.07%
	NTNX	B	0.07%	0.43%	0.07%
	NTRA	B	0.1%	0.41%	0.1%
	NVST	C	0.09%	0.09%	0.09%
	NVT	C	0.05%	0.31%	0.05%
	NWL	B	0.07%	0.09%	0.07%
	NXST	D	0.05%	0.13%	0.05%
	NYT	D	0.05%	0.21%	0.05%
	OGE	A	0.21%	0.21%	0.21%
	OGN	F	0.06%	0.1%	0.06%
	OHI	C	0.13%	0.25%	0.13%
	OLED	F	0.05%	0.2%	0.05%
	OLLI	D	0.05%	0.14%	0.05%
	OLN	F	0.24%	0.13%	0.13%
	OMF	A	0.08%	0.15%	0.08%
	ONTO	F	0.05%	0.21%	0.05%
	ORI	A	0.07%	0.23%	0.07%
	OSK	B	0.05%	0.18%	0.05%
	OVV	C	0.23%	0.27%	0.23%
	OWL	A	0.08%	0.28%	0.08%
	OZK	A	0.07%	0.13%	0.07%
	PAG	B	0.06%	0.08%	0.06%
	PARA	D	0.05%	0.16%	0.05%
	PATH	D	0.06%	0.15%	0.06%
	PB	A	0.07%	0.19%	0.07%
	PCOR	C	0.08%	0.15%	0.08%
	PCTY	B	0.06%	0.23%	0.06%
	PEGA	B	0.08%	0.09%	0.08%
	PEN	B	0.09%	0.22%	0.09%
	PENN	C	0.06%	0.07%	0.06%
	PFGC	B	0.18%	0.33%	0.18%
	PII	F	0.04%	0.09%	0.04%
	PINC	B	0.09%	0.06%	0.06%
	PLNT	A	0.06%	0.2%	0.06%
	PLTK	A	0.06%	0.01%	0.01%
	PNFP	A	0.08%	0.24%	0.08%
	PNW	A	0.2%	0.25%	0.2%
	POST	D	0.15%	0.15%	0.15%
	PPC	B	0.19%	0.05%	0.05%
	PR	B	0.23%	0.23%	0.23%
	PRGO	C	0.08%	0.09%	0.08%
	PRI	A	0.07%	0.26%	0.07%
	PSN	C	0.06%	0.13%	0.06%
	PSTG	F	0.06%	0.38%	0.06%
	PVH	C	0.06%	0.14%	0.06%
	PYCR	C	0.07%	0.03%	0.03%
	R	B	0.06%	0.18%	0.06%
	RARE	F	0.07%	0.1%	0.07%
	RBC	A	0.26%	0.22%	0.22%
	RCM	A	0.08%	0.05%	0.05%
	REXR	F	0.12%	0.21%	0.12%
	REYN	D	0.14%	0.04%	0.04%
	RGEN	F	0.08%	0.19%	0.08%
	RGLD	A	0.23%	0.23%	0.23%
	RH	C	0.06%	0.12%	0.06%
	RHI	C	0.06%	0.2%	0.06%
	RIVN	F	0.04%	0.19%	0.04%
	RL	B	0.06%	0.21%	0.06%
	RLI	A	0.07%	0.18%	0.07%
	RNR	D	0.06%	0.33%	0.06%
	ROIV	D	0.08%	0.12%	0.08%
	ROKU	C	0.5%	0.23%	0.23%
	RPM	A	0.05%	0.43%	0.05%
	RRC	B	0.23%	0.2%	0.2%
	RRX	B	0.05%	0.28%	0.05%
	RS	B	0.27%	0.44%	0.27%
	RYAN	B	0.07%	0.17%	0.07%
	RYN	D	0.13%	0.1%	0.1%
	S	C	0.08%	0.18%	0.08%
	SAIA	C	0.06%	0.36%	0.06%
	SAIC	D	0.06%	0.19%	0.06%
	SAM	C	0.19%	0.07%	0.07%
	SCI	A	0.06%	0.31%	0.06%
	SEB	F	0.14%	0.02%	0.02%
	SEE	D	0.05%	0.13%	0.05%
	SEIC	A	0.07%	0.22%	0.07%
	SF	A	0.08%	0.29%	0.08%
	SHC	D	0.07%	0.05%	0.05%
	SITE	D	0.05%	0.16%	0.05%
	SKX	F	0.05%	0.2%	0.05%
	SLGN	A	0.05%	0.11%	0.05%
	SLM	A	0.07%	0.13%	0.07%
	SMAR	A	0.07%	0.19%	0.07%
	SMG	D	0.26%	0.08%	0.08%
	SNV	B	0.08%	0.21%	0.08%
	SNX	C	0.06%	0.14%	0.06%
	SOFI	A	0.11%	0.35%	0.11%
	SOLV	C	0.08%	0.24%	0.08%
	SON	D	0.04%	0.12%	0.04%
	SPR	D	0.04%	0.09%	0.04%
	SRPT	F	0.07%	0.26%	0.07%
	SSD	D	0.05%	0.19%	0.05%
	ST	F	0.04%	0.12%	0.04%
	STAG	D	0.13%	0.16%	0.13%
	STWD	C	0.06%	0.15%	0.06%
	TDC	F	0.06%	0.07%	0.06%
	TFSL	B	0.07%	0.02%	0.02%
	THC	C	0.08%	0.39%	0.08%
	THG	A	0.07%	0.14%	0.07%
	THO	B	0.06%	0.14%	0.06%
	TKO	C	0.05%	0.2%	0.05%
	TKR	F	0.22%	0.12%	0.12%
	TNL	A	0.06%	0.09%	0.06%
	TOL	B	0.05%	0.38%	0.05%
	TOST	A	0.09%	0.4%	0.09%
	TPR	A	0.07%	0.29%	0.07%
	TPX	A	0.06%	0.23%	0.06%
	TREX	C	0.05%	0.19%	0.05%
	TTC	D	0.04%	0.21%	0.04%
	TTEK	F	0.04%	0.31%	0.04%
	TW	A	0.07%	0.37%	0.07%
	TXG	F	0.05%	0.04%	0.04%
	TXRH	B	0.06%	0.32%	0.06%
	UAA	B	0.07%	0.04%	0.04%
	UGI	C	0.19%	0.12%	0.12%
	UHAL	D	0.05%	0.16%	0.05%
	UHAL	D	0.05%	0.01%	0.01%
	UNM	A	0.08%	0.31%	0.08%
	USFD	B	0.18%	0.38%	0.18%
	UTHR	C	0.09%	0.38%	0.09%
	VAC	C	0.07%	0.07%	0.07%
	VFC	C	0.06%	0.16%	0.06%
	VKTX	F	0.07%	0.15%	0.07%
	VMI	B	0.05%	0.17%	0.05%
	VNT	C	0.05%	0.15%	0.05%
	VOYA	A	0.07%	0.21%	0.07%
	VVV	B	0.05%	0.13%	0.05%
	WAL	B	0.07%	0.25%	0.07%
	WBS	A	0.09%	0.25%	0.09%
	WCC	B	0.06%	0.22%	0.06%
	WEN	C	0.05%	0.07%	0.05%
	WEX	F	0.05%	0.19%	0.05%
	WFRD	F	0.18%	0.16%	0.16%
	WH	B	0.06%	0.19%	0.06%
	WHR	A	0.06%	0.15%	0.06%
	WING	F	0.04%	0.24%	0.04%
	WMS	F	0.04%	0.23%	0.04%
	WOLF	F	0.06%	0.02%	0.02%
	WSC	F	0.04%	0.18%	0.04%
	WSM	D	0.05%	0.39%	0.05%
	WTFC	A	0.08%	0.21%	0.08%
	WTM	A	0.07%	0.12%	0.07%
	WTRG	B	0.2%	0.24%	0.2%
	WU	F	0.04%	0.09%	0.04%
	WWD	B	0.05%	0.24%	0.05%
	X	C	0.25%	0.22%	0.22%
	XPO	B	0.06%	0.43%	0.06%
	XRAY	F	0.06%	0.09%	0.06%
	YETI	F	0.05%	0.09%	0.05%
	ZI	D	0.06%	0.09%	0.06%
	ZION	A	0.08%	0.22%	0.08%

EQAL Overweight 577 Positions Relative to BBMC

	Symbol	Grade	Weight
	UI	A	0.85%
	TMUS	A	0.59%
	CHTR	B	0.58%
	CSCO	B	0.58%
	CMCSA	B	0.56%
	MSI	A	0.56%
	ANET	C	0.54%
	T	A	0.51%
	JNPR	D	0.5%
	VZ	C	0.46%
	VST	A	0.34%
	TPL	A	0.34%
	STLD	B	0.29%
	FAST	B	0.28%
	IP	A	0.28%
	APD	A	0.27%
	ALB	C	0.27%
	BKR	A	0.26%
	EQT	A	0.26%
	KMI	A	0.26%
	TRGP	A	0.26%
	CF	A	0.26%
	NUE	D	0.25%
	MOS	D	0.25%
	OKE	A	0.24%
	EMN	C	0.24%
	SCCO	F	0.24%
	WMB	A	0.24%
	FCX	F	0.24%
	EOG	A	0.23%
	NRG	B	0.23%
	CVX	A	0.23%
	LIN	D	0.23%
	ECL	D	0.23%
	CEG	D	0.23%
	LNG	A	0.23%
	ETR	A	0.23%
	FTI	A	0.23%
	SLB	C	0.22%
	AVY	D	0.22%
	COP	B	0.22%
	WLK	F	0.22%
	SRE	A	0.22%
	MRO	A	0.22%
	CTRA	A	0.22%
	HES	B	0.22%
	EVRG	A	0.21%
	VLO	C	0.21%
	PEG	C	0.21%
	LYB	F	0.21%
	WM	B	0.21%
	PCG	A	0.21%
	FANG	C	0.21%
	ATO	A	0.21%
	NI	A	0.21%
	HAL	C	0.21%
	AEE	A	0.21%
	XEL	A	0.21%
	XOM	A	0.21%
	CNP	A	0.21%
	OXY	D	0.2%
	AGR	A	0.2%
	LW	C	0.2%
	LNT	A	0.2%
	WEC	A	0.2%
	RSG	B	0.2%
	PSX	C	0.2%
	IFF	F	0.2%
	PPL	A	0.2%
	TAP	B	0.19%
	MCK	A	0.19%
	APA	F	0.19%
	DUK	C	0.19%
	EXC	C	0.19%
	DTE	C	0.19%
	EIX	C	0.19%
	CMS	C	0.19%
	MPC	C	0.19%
	SO	C	0.19%
	D	C	0.19%
	DVN	F	0.19%
	AWK	C	0.18%
	NEE	C	0.18%
	MNST	B	0.18%
	Z	A	0.18%
	AEP	C	0.18%
	ES	C	0.18%
	NEM	F	0.18%
	ED	D	0.18%
	FE	C	0.18%
	MO	A	0.17%
	KR	B	0.17%
	GO	C	0.17%
	WBA	F	0.16%
	CLX	A	0.16%
	ACI	C	0.16%
	K	B	0.16%
	VNO	C	0.16%
	KVUE	A	0.16%
	COR	B	0.16%
	PM	A	0.16%
	TSN	A	0.16%
	FSLR	D	0.16%
	SPB	C	0.16%
	CHD	A	0.16%
	CTVA	D	0.16%
	KMB	C	0.15%
	CE	F	0.15%
	SEG	B	0.15%
	KHC	F	0.15%
	PK	D	0.15%
	PEP	F	0.15%
	SPG	A	0.15%
	PG	C	0.15%
	HRL	F	0.15%
	CVS	D	0.15%
	SJM	D	0.15%
	STZ	D	0.15%
	DLR	A	0.15%
	AES	F	0.15%
	CBRE	B	0.15%
	SYY	B	0.15%
	CL	C	0.14%
	REG	A	0.14%
	CAG	F	0.14%
	KO	D	0.14%
	BXP	D	0.14%
	ADM	D	0.14%
	MDLZ	F	0.14%
	HST	D	0.14%
	GIS	D	0.14%
	CPB	D	0.14%
	EQIX	A	0.14%
	MKC	D	0.14%
	KDP	F	0.14%
	HSY	F	0.14%
	WELL	A	0.14%
	KIM	A	0.14%
	BG	D	0.14%
	EXR	C	0.13%
	PSA	C	0.13%
	INVH	D	0.13%
	VICI	C	0.13%
	EQR	C	0.13%
	DOC	D	0.13%
	ELS	B	0.13%
	MAA	A	0.13%
	UDR	C	0.13%
	CSGP	F	0.13%
	IRM	D	0.13%
	ESS	A	0.13%
	VTR	C	0.13%
	CPT	D	0.13%
	WY	D	0.13%
	HIW	D	0.13%
	AVB	B	0.13%
	SUI	D	0.12%
	CCI	C	0.12%
	ENPH	F	0.12%
	PLD	D	0.12%
	WPC	D	0.12%
	ARE	F	0.12%
	O	D	0.12%
	SBAC	C	0.12%
	COIN	A	0.11%
	TWLO	A	0.11%
	AMT	D	0.11%
	BMY	B	0.1%
	INCY	B	0.1%
	PLTR	A	0.1%
	VTRS	A	0.09%
	VRT	A	0.09%
	EWBC	A	0.09%
	NCNO	B	0.09%
	BSX	A	0.09%
	DXCM	C	0.09%
	ISRG	A	0.09%
	HUBS	B	0.09%
	LH	B	0.09%
	WFC	A	0.09%
	MS	A	0.09%
	CAH	A	0.09%
	GILD	B	0.09%
	ILMN	C	0.09%
	DOCU	B	0.09%
	PODD	A	0.09%
	APO	A	0.09%
	WST	C	0.09%
	UAL	A	0.09%
	TEAM	B	0.09%
	WAT	B	0.09%
	LPLA	A	0.09%
	RCL	A	0.08%
	TPG	A	0.08%
	GS	A	0.08%
	NVDA	B	0.08%
	NTRS	A	0.08%
	ZM	B	0.08%
	MDT	D	0.08%
	QGEN	D	0.08%
	HBAN	A	0.08%
	BX	A	0.08%
	ZS	B	0.08%
	HOLX	D	0.08%
	BDX	F	0.08%
	RVTY	D	0.08%
	ALGN	C	0.08%
	EW	C	0.08%
	RNG	C	0.08%
	HPE	B	0.08%
	FTNT	B	0.08%
	VRTX	C	0.08%
	FTRE	D	0.08%
	CERT	F	0.08%
	GDDY	A	0.08%
	ALNY	D	0.08%
	EPAM	B	0.08%
	TECH	F	0.08%
	GEHC	D	0.08%
	INTC	C	0.08%
	MTB	A	0.08%
	DFS	B	0.08%
	CRM	B	0.08%
	DAY	B	0.08%
	SCHW	A	0.08%
	KKR	A	0.08%
	UNH	B	0.08%
	NBIX	D	0.08%
	DGX	A	0.08%
	CRL	D	0.08%
	CG	B	0.08%
	ABT	A	0.08%
	DASH	A	0.08%
	CRWD	B	0.08%
	PAYC	B	0.08%
	ZBH	C	0.08%
	AMP	A	0.08%
	VEEV	C	0.08%
	RJF	A	0.08%
	SYK	A	0.08%
	VRSN	F	0.07%
	WRB	A	0.07%
	AJG	A	0.07%
	GFS	C	0.07%
	HIG	A	0.07%
	CME	A	0.07%
	WDAY	C	0.07%
	BIIB	F	0.07%
	NDAQ	A	0.07%
	AIG	A	0.07%
	INTU	B	0.07%
	AON	A	0.07%
	MSCI	A	0.07%
	BR	A	0.07%
	LDOS	C	0.07%
	BRK.A	A	0.07%
	BKNG	A	0.07%
	FOXA	B	0.07%
	LLY	F	0.07%
	META	C	0.07%
	HPQ	A	0.07%
	BEN	C	0.07%
	IQV	F	0.07%
	ANSS	B	0.07%
	LYV	A	0.07%
	MRK	F	0.07%
	WBD	B	0.07%
	CINF	A	0.07%
	MET	A	0.07%
	CRBG	B	0.07%
	TFC	A	0.07%
	GEV	B	0.07%
	CDNS	B	0.07%
	SNPS	C	0.07%
	GLW	B	0.07%
	MOH	F	0.07%
	TSLA	A	0.07%
	UHS	D	0.07%
	CTSH	B	0.07%
	BRO	B	0.07%
	BK	A	0.07%
	IT	B	0.07%
	HUM	D	0.07%
	GOOGL	B	0.07%
	ABBV	F	0.07%
	VIRT	A	0.07%
	MU	D	0.07%
	PRU	A	0.07%
	APH	B	0.07%
	SNOW	C	0.07%
	HCA	F	0.07%
	STT	A	0.07%
	BROS	A	0.07%
	IDXX	F	0.07%
	TROW	A	0.07%
	EXPE	A	0.07%
	PTC	B	0.07%
	FITB	A	0.07%
	GLOB	C	0.07%
	ORCL	A	0.07%
	AXON	A	0.07%
	WTW	B	0.07%
	PFE	F	0.07%
	TRV	A	0.07%
	FDS	A	0.07%
	STE	D	0.07%
	JPM	A	0.07%
	MKL	A	0.07%
	NOW	B	0.07%
	FFIV	B	0.07%
	PNC	A	0.07%
	MRVL	B	0.07%
	FCNCA	A	0.07%
	AMGN	F	0.07%
	TMO	F	0.07%
	CFG	A	0.07%
	CI	D	0.07%
	RPRX	F	0.07%
	ZTS	D	0.07%
	DHR	F	0.07%
	BAC	A	0.07%
	BLK	A	0.07%
	C	A	0.07%
	NET	B	0.07%
	KEY	A	0.07%
	JNJ	D	0.07%
	ADSK	B	0.07%
	DELL	B	0.07%
	DDOG	B	0.07%
	RMD	C	0.07%
	CCL	A	0.07%
	GEN	B	0.07%
	SPOT	A	0.07%
	ARES	B	0.07%
	RF	A	0.07%
	PANW	B	0.07%
	FHB	B	0.07%
	A	F	0.07%
	DAL	A	0.07%
	AMED	F	0.07%
	EQH	B	0.07%
	USB	A	0.07%
	ADBE	F	0.06%
	PYPL	A	0.06%
	HD	A	0.06%
	TRIP	D	0.06%
	CMI	A	0.06%
	LUV	A	0.06%
	FICO	A	0.06%
	AMD	F	0.06%
	OMC	C	0.06%
	SQ	A	0.06%
	ZBRA	B	0.06%
	SNA	A	0.06%
	PWR	A	0.06%
	RBA	A	0.06%
	ACGL	D	0.06%
	ENTG	F	0.06%
	EMR	A	0.06%
	LOW	A	0.06%
	ELV	F	0.06%
	AKAM	F	0.06%
	ON	F	0.06%
	EA	A	0.06%
	CBOE	C	0.06%
	ABNB	C	0.06%
	CPNG	D	0.06%
	ADI	D	0.06%
	DECK	A	0.06%
	RBLX	B	0.06%
	HCP	B	0.06%
	CPRT	A	0.06%
	NFLX	A	0.06%
	NWSA	B	0.06%
	ICE	C	0.06%
	EXAS	F	0.06%
	BSY	D	0.06%
	SPGI	C	0.06%
	IBM	D	0.06%
	MDB	C	0.06%
	MMC	C	0.06%
	QCOM	F	0.06%
	U	F	0.06%
	WDC	F	0.06%
	LRCX	F	0.06%
	MSFT	D	0.06%
	PINS	F	0.06%
	EG	D	0.06%
	HLT	A	0.06%
	SSNC	C	0.06%
	SYF	B	0.06%
	NTAP	D	0.06%
	AMAT	F	0.06%
	MCO	D	0.06%
	TXN	B	0.06%
	DIS	B	0.06%
	WYNN	D	0.06%
	MAR	A	0.06%
	CNC	F	0.06%
	TFX	F	0.06%
	AFL	C	0.06%
	LVS	B	0.06%
	TTD	B	0.06%
	TTWO	A	0.06%
	COF	B	0.06%
	CB	C	0.06%
	FNF	C	0.06%
	AVGO	C	0.06%
	AAPL	C	0.06%
	AVTR	F	0.06%
	L	A	0.06%
	APPF	C	0.06%
	PGR	B	0.06%
	GM	B	0.06%
	CNA	C	0.06%
	PFG	A	0.06%
	BAX	F	0.06%
	OKTA	D	0.06%
	DOX	D	0.06%
	GRMN	B	0.06%
	BMRN	F	0.06%
	TYL	B	0.06%
	NU	C	0.06%
	LULU	C	0.06%
	ROP	C	0.06%
	RGA	A	0.06%
	ALL	A	0.06%
	AFG	A	0.06%
	DT	C	0.06%
	CCK	D	0.05%
	MMM	D	0.05%
	MRNA	F	0.05%
	MAS	D	0.05%
	J	D	0.05%
	VRSK	B	0.05%
	TRU	D	0.05%
	CSX	B	0.05%
	ALLE	D	0.05%
	GE	D	0.05%
	BLDR	D	0.05%
	UPS	C	0.05%
	ROST	D	0.05%
	PPG	D	0.05%
	EXPD	D	0.05%
	SHW	C	0.05%
	DG	F	0.05%
	DOV	B	0.05%
	LHX	B	0.05%
	ITW	B	0.05%
	LEN	D	0.05%
	V	A	0.05%
	CTAS	B	0.05%
	TSCO	D	0.05%
	GPC	D	0.05%
	BBY	D	0.05%
	GPN	B	0.05%
	LEG	F	0.05%
	IPG	F	0.05%
	RTX	D	0.05%
	KEYS	C	0.05%
	LII	A	0.05%
	KSS	F	0.05%
	PHM	D	0.05%
	BIRK	D	0.05%
	NKE	F	0.05%
	ROL	A	0.05%
	DLTR	F	0.05%
	YUM	D	0.05%
	FIS	A	0.05%
	FDX	A	0.05%
	LKQ	F	0.05%
	BURL	A	0.05%
	PAYX	B	0.05%
	MA	A	0.05%
	CNH	C	0.05%
	EBAY	D	0.05%
	OTIS	C	0.05%
	NVR	D	0.05%
	CDW	F	0.05%
	NSC	B	0.05%
	ACN	C	0.05%
	HUBB	B	0.05%
	CAT	B	0.05%
	SN	D	0.05%
	TER	F	0.05%
	SBUX	A	0.05%
	SNDR	B	0.05%
	JBHT	C	0.05%
	SW	A	0.05%
	AZO	A	0.05%
	SWKS	F	0.05%
	HAYW	A	0.05%
	MLM	B	0.05%
	COST	B	0.05%
	TGT	C	0.05%
	POOL	D	0.05%
	MCD	D	0.05%
	ROK	B	0.05%
	TT	A	0.05%
	WAB	B	0.05%
	HEI	A	0.05%
	ADP	B	0.05%
	JWN	C	0.05%
	TJX	A	0.05%
	PNR	A	0.05%
	MCHP	F	0.05%
	WSO	A	0.05%
	TDY	B	0.05%
	DRI	B	0.05%
	F	C	0.05%
	HON	A	0.05%
	KMX	B	0.05%
	MGM	D	0.05%
	IR	B	0.05%
	UBER	F	0.05%
	REGN	F	0.05%
	JCI	A	0.05%
	PH	B	0.05%
	AXP	B	0.05%
	KLAC	F	0.05%
	SIRI	D	0.05%
	ETN	B	0.05%
	WMT	A	0.05%
	VMC	B	0.05%
	URI	B	0.05%
	CMG	B	0.05%
	AME	A	0.05%
	TRMB	B	0.05%
	HWM	A	0.05%
	PKG	B	0.05%
	XP	F	0.05%
	ULTA	F	0.05%
	OC	A	0.05%
	FI	A	0.05%
	ORLY	B	0.05%
	GWW	B	0.05%
	PCAR	B	0.05%
	CPAY	A	0.05%
	DPZ	C	0.05%
	ODFL	B	0.05%
	IEX	B	0.05%
	AMZN	B	0.05%
	BA	F	0.04%
	QRVO	F	0.04%
	EL	F	0.04%
	UWMC	F	0.04%
	SWK	F	0.04%
	EFX	F	0.04%
	CRI	F	0.04%
	DOW	F	0.04%
	MTD	F	0.04%
	MPWR	F	0.04%
	APTV	F	0.04%
	TDG	D	0.04%
	GD	D	0.04%
	XYL	D	0.04%
	QS	F	0.04%
	TXT	D	0.04%
	BAH	D	0.04%
	LMT	D	0.04%
	VSTS	F	0.04%
	CXT	D	0.04%
	NOC	D	0.04%
	BALL	D	0.04%
	VLTO	D	0.04%
	W	D	0.04%
	DHI	F	0.04%
	AMCR	D	0.04%
	FTV	D	0.04%
	DE	C	0.04%
	JKHY	D	0.04%
	DD	D	0.04%
	UNP	D	0.04%
	RKT	F	0.04%
	CARR	D	0.04%
	HII	F	0.03%
	SMCI	F	0.02%

EQAL Underweight 179 Positions Relative to BBMC

	Symbol	Grade	Weight
	SFM	B	-0.36%
	PCVX	D	-0.27%
	ERIE	F	-0.26%
	AIT	A	-0.26%
	IOT	B	-0.25%
	MLI	B	-0.25%
	FN	C	-0.23%
	ENSG	D	-0.21%
	HQY	A	-0.21%
	UFPI	C	-0.2%
	SSB	B	-0.2%
	FLR	B	-0.2%
	RVMD	B	-0.2%
	HALO	D	-0.19%
	EXLS	B	-0.19%
	JXN	B	-0.19%
	ONB	B	-0.18%
	GTLS	A	-0.18%
	SPSC	F	-0.17%
	ANF	C	-0.17%
	CADE	B	-0.17%
	ALV	C	-0.17%
	TMHC	B	-0.17%
	CMC	B	-0.17%
	GBCI	A	-0.16%
	BECN	A	-0.16%
	CYTK	D	-0.16%
	MTH	D	-0.16%
	BMI	C	-0.16%
	CWST	A	-0.16%
	RHP	B	-0.16%
	ALTR	B	-0.15%
	RMBS	C	-0.15%
	HRI	B	-0.15%
	KRG	B	-0.15%
	BPMC	C	-0.15%
	CHX	C	-0.15%
	MMSI	A	-0.15%
	SIGI	B	-0.15%
	FFIN	A	-0.15%
	HOMB	A	-0.15%
	ESNT	D	-0.15%
	COOP	B	-0.15%
	CBT	C	-0.15%
	NOVT	D	-0.15%
	MMS	D	-0.14%
	FSS	B	-0.14%
	WTS	A	-0.14%
	UBSI	A	-0.14%
	QLYS	C	-0.14%
	ZWS	B	-0.14%
	BCPC	B	-0.14%
	TRNO	D	-0.14%
	UMBF	B	-0.14%
	EPRT	C	-0.14%
	LNTH	F	-0.14%
	SUM	B	-0.14%
	HWC	B	-0.13%
	EXPO	D	-0.13%
	ABG	B	-0.13%
	RDN	D	-0.13%
	KBH	D	-0.13%
	EDR	A	-0.13%
	GATX	A	-0.13%
	MDGL	C	-0.13%
	SKY	A	-0.13%
	GPI	B	-0.13%
	MGY	A	-0.12%
	WK	B	-0.12%
	NJR	A	-0.12%
	HAE	B	-0.12%
	PECO	A	-0.12%
	POR	C	-0.12%
	MUR	D	-0.12%
	ALKS	C	-0.12%
	IBP	F	-0.12%
	BOX	B	-0.12%
	SM	C	-0.12%
	TENB	D	-0.12%
	ACA	A	-0.12%
	BDC	B	-0.12%
	SWX	A	-0.11%
	CRSP	D	-0.11%
	SIG	C	-0.11%
	FELE	B	-0.11%
	VLY	A	-0.11%
	WMG	B	-0.11%
	ASGN	F	-0.11%
	SANM	B	-0.11%
	NSIT	F	-0.11%
	IRT	A	-0.11%
	AVNT	B	-0.11%
	RUSHA	B	-0.1%
	LANC	D	-0.1%
	AXSM	B	-0.1%
	OGS	A	-0.1%
	OPCH	F	-0.1%
	ENS	D	-0.1%
	SEM	B	-0.1%
	PBH	A	-0.1%
	FUL	F	-0.1%
	PNM	B	-0.1%
	ORA	B	-0.1%
	BKH	A	-0.1%
	AEIS	B	-0.1%
	CRC	A	-0.09%
	CCOI	B	-0.09%
	ATKR	C	-0.09%
	ALIT	C	-0.09%
	FHI	A	-0.09%
	HP	C	-0.09%
	TEX	D	-0.09%
	APLE	B	-0.09%
	POWI	D	-0.09%
	BLKB	C	-0.09%
	JBT	A	-0.09%
	ASO	F	-0.09%
	ESGR	B	-0.09%
	ALE	A	-0.09%
	SR	A	-0.09%
	TNET	F	-0.08%
	BL	C	-0.08%
	PBF	D	-0.08%
	PTEN	C	-0.08%
	VAL	F	-0.08%
	NWE	C	-0.08%
	AWR	A	-0.08%
	BTU	B	-0.08%
	HL	D	-0.08%
	HGV	C	-0.08%
	PCH	D	-0.08%
	SMPL	B	-0.08%
	OTTR	C	-0.08%
	SXT	C	-0.08%
	ENV	B	-0.08%
	NEOG	D	-0.08%
	SLAB	F	-0.08%
	RIG	D	-0.08%
	CRVL	A	-0.08%
	GT	C	-0.07%
	ACLS	F	-0.07%
	CNS	B	-0.07%
	IRTC	C	-0.07%
	DIOD	F	-0.07%
	BE	B	-0.07%
	NSP	F	-0.07%
	FOLD	F	-0.07%
	PFSI	D	-0.07%
	CWT	D	-0.07%
	AVA	C	-0.07%
	BXMT	D	-0.07%
	SYNA	D	-0.07%
	SGRY	F	-0.06%
	IPAR	C	-0.06%
	KWR	C	-0.06%
	ARWR	D	-0.06%
	VC	F	-0.06%
	JJSF	C	-0.06%
	ADNT	F	-0.05%
	FRHC	A	-0.05%
	GOLF	B	-0.05%
	HI	C	-0.05%
	FLYW	B	-0.05%
	ACAD	C	-0.05%
	LTH	D	-0.04%
	PGNY	F	-0.04%
	LBRDA	C	-0.04%
	EVH	F	-0.04%
	GEF	B	-0.04%
	IMVT	F	-0.04%
	CRK	A	-0.03%
	FIZZ	B	-0.03%
	UA	B	-0.03%
	WOR	F	-0.03%
	MODG	F	-0.03%
	SEDG	F	-0.02%
	ACT	D	-0.02%
	RUSHB	B	-0.01%
	INST	B	-0.01%

EQAL: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Business Services Asset Management Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Semiconductors Specialty Retail Oil & Gas E&P Capital Markets Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Aerospace & Defense Packaging & Containers Building Materials

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

BBMC: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Software - Infrastructure Oil & Gas E&P Specialty Chemicals Specialty Retail Asset Management Building Materials Business Services Information Technology Services Packaged Foods Packaging & Containers Semiconductors Capital Markets Engineering & Construction Leisure REIT - Industrial Apparel Manufacturing

Keywords: Banking Natural Gas Mining Bank Insurance Chemical Real Estate Investment Trust Computing S&P 500 Electronics Aerospace Construction Medicine Semiconductor Transport Biopharmaceutical Biotechnology Electricity Plastic Supply Chain Management