EQAL vs. VALQ ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

$50.87

Average Daily Volume

21,601

Number of Holdings ^*

968

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.18

Average Daily Volume

6,349

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	VALQ
30 Days	3.94%	2.26%
60 Days	5.97%	3.53%
90 Days	7.66%	5.24%
12 Months	27.37%	27.22%

223 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in VALQ	Overlap
AAPL	C	0.06%	2.63%	0.06%
ABBV	F	0.07%	1.67%	0.07%
ADBE	C	0.06%	0.09%	0.06%
ADSK	A	0.07%	0.2%	0.07%
ADTN	A	0.05%	0.08%	0.05%
AIZ	A	0.07%	0.09%	0.07%
AKAM	D	0.06%	0.07%	0.06%
ALL	A	0.06%	0.09%	0.06%
ALLE	C	0.05%	0.55%	0.05%
ALLY	C	0.07%	0.07%	0.07%
ALSN	B	0.06%	0.14%	0.06%
AMAT	F	0.06%	0.08%	0.06%
AMCR	C	0.04%	0.31%	0.04%
AMG	B	0.07%	0.09%	0.07%
AMKR	D	0.05%	0.13%	0.05%
AMZN	C	0.05%	2.22%	0.05%
AN	C	0.05%	0.08%	0.05%
AOS	F	0.04%	0.07%	0.04%
APH	A	0.07%	1.76%	0.07%
APP	B	0.16%	0.27%	0.16%
ARW	D	0.06%	0.32%	0.06%
AVGO	D	0.06%	0.09%	0.06%
AXS	A	0.07%	0.11%	0.07%
AXTA	B	0.05%	0.1%	0.05%
AYI	B	0.06%	0.51%	0.06%
AZEK	A	0.05%	0.33%	0.05%
BBY	D	0.05%	1.12%	0.05%
BERY	C	0.05%	0.08%	0.05%
BK	A	0.07%	0.1%	0.07%
BKNG	A	0.07%	0.11%	0.07%
BMY	B	0.1%	0.82%	0.1%
BRBR	A	0.2%	0.2%	0.2%
BRK.A	B	0.07%	0.09%	0.07%
BWA	D	0.05%	0.09%	0.05%
BYD	B	0.06%	0.1%	0.06%
CACI	D	0.07%	0.09%	0.07%
CAG	F	0.14%	0.08%	0.08%
CAH	B	0.09%	0.84%	0.09%
CAT	B	0.05%	0.2%	0.05%
CCK	D	0.05%	0.08%	0.05%
CHTR	C	0.58%	0.09%	0.09%
CI	D	0.07%	0.66%	0.07%
CL	D	0.14%	1.71%	0.14%
CLX	A	0.16%	1.55%	0.16%
CMCSA	B	0.56%	2.31%	0.56%
CNC	D	0.06%	0.06%	0.06%
COKE	C	0.15%	0.08%	0.08%
COLM	C	0.05%	0.21%	0.05%
COR	B	0.16%	0.09%	0.09%
CPB	D	0.14%	0.07%	0.07%
CR	A	0.05%	0.17%	0.05%
CROX	D	0.04%	0.06%	0.04%
CRUS	D	0.05%	0.18%	0.05%
CSCO	B	0.58%	0.72%	0.58%
CSL	C	0.05%	0.09%	0.05%
CTAS	B	0.05%	1.84%	0.05%
CTSH	B	0.07%	0.8%	0.07%
DBX	B	0.07%	0.38%	0.07%
DCI	B	0.05%	0.61%	0.05%
DDS	B	0.07%	0.16%	0.07%
DGX	A	0.08%	0.09%	0.08%
DKS	D	0.05%	0.12%	0.05%
DLB	B	0.06%	0.09%	0.06%
DOCU	B	0.09%	0.33%	0.09%
DOX	D	0.06%	0.68%	0.06%
DPZ	C	0.05%	0.16%	0.05%
DVA	C	0.08%	0.19%	0.08%
EA	A	0.06%	0.09%	0.06%
EBAY	D	0.05%	1.88%	0.05%
ECL	D	0.23%	0.45%	0.23%
EEFT	B	0.05%	0.08%	0.05%
EG	C	0.06%	0.08%	0.06%
EHC	B	0.09%	0.09%	0.09%
ELV	F	0.06%	0.06%	0.06%
EME	A	0.06%	0.13%	0.06%
EPAM	B	0.08%	0.1%	0.08%
ETN	A	0.05%	1.87%	0.05%
EVR	B	0.08%	0.1%	0.08%
EXEL	B	0.11%	0.14%	0.11%
EXPD	C	0.05%	0.08%	0.05%
EXPE	B	0.07%	0.13%	0.07%
FDX	B	0.05%	0.09%	0.05%
FFIV	B	0.07%	0.51%	0.07%
FICO	B	0.06%	0.25%	0.06%
FIS	C	0.05%	0.09%	0.05%
FLO	D	0.15%	0.23%	0.15%
FLS	B	0.06%	0.36%	0.06%
FOXA	A	0.07%	0.1%	0.07%
FTNT	C	0.08%	0.11%	0.08%
G	B	0.05%	0.39%	0.05%
GAP	C	0.05%	0.15%	0.05%
GDDY	A	0.08%	0.1%	0.08%
GILD	C	0.09%	0.11%	0.09%
GIS	D	0.14%	0.08%	0.08%
GL	C	0.07%	0.11%	0.07%
GM	C	0.06%	0.1%	0.06%
GOOGL	C	0.07%	0.62%	0.07%
GPC	D	0.05%	0.93%	0.05%
GWW	B	0.05%	0.32%	0.05%
HD	B	0.06%	1.96%	0.06%
HIG	B	0.07%	0.09%	0.07%
HPE	B	0.08%	0.09%	0.08%
HPQ	B	0.07%	1.72%	0.07%
HRB	D	0.05%	0.54%	0.05%
HUBB	B	0.05%	0.41%	0.05%
IBM	C	0.06%	2.04%	0.06%
IDXX	F	0.07%	0.13%	0.07%
INCY	C	0.1%	0.1%	0.1%
INFA	D	0.06%	0.09%	0.06%
INGR	C	0.17%	1.94%	0.17%
IQV	F	0.07%	0.07%	0.07%
ITW	B	0.05%	0.91%	0.05%
IVZ	B	0.07%	0.64%	0.07%
JAZZ	B	0.09%	0.09%	0.09%
JBL	C	0.08%	0.29%	0.08%
JEF	A	0.08%	0.19%	0.08%
JKHY	D	0.04%	0.09%	0.04%
JLL	D	0.14%	1.45%	0.14%
JNJ	C	0.07%	0.08%	0.07%
K	A	0.16%	0.08%	0.08%
KEYS	A	0.05%	0.09%	0.05%
KLAC	F	0.05%	0.07%	0.05%
KMB	C	0.15%	1.91%	0.15%
KO	D	0.14%	1.66%	0.14%
KR	B	0.17%	0.23%	0.17%
L	A	0.06%	0.09%	0.06%
LAMR	C	0.14%	0.17%	0.14%
LDOS	C	0.07%	0.09%	0.07%
LECO	C	0.05%	0.86%	0.05%
LEN	D	0.05%	0.17%	0.05%
LFUS	D	0.05%	0.14%	0.05%
LMT	D	0.04%	0.09%	0.04%
LRCX	F	0.06%	0.07%	0.06%
LYB	F	0.21%	1.14%	0.21%
MANH	D	0.06%	0.09%	0.06%
MAS	D	0.05%	1.21%	0.05%
MAT	D	0.05%	0.08%	0.05%
MCK	A	0.19%	0.09%	0.09%
MEDP	D	0.08%	0.07%	0.07%
META	D	0.07%	0.1%	0.07%
MHK	D	0.04%	0.08%	0.04%
MMM	D	0.05%	0.11%	0.05%
MO	A	0.17%	0.56%	0.17%
MPC	D	0.19%	0.21%	0.19%
MSFT	D	0.06%	0.26%	0.06%
MSI	B	0.56%	2.23%	0.56%
MSM	C	0.05%	0.09%	0.05%
MTD	F	0.04%	0.88%	0.04%
MTG	C	0.06%	0.42%	0.06%
NEU	D	0.23%	0.23%	0.23%
NFLX	A	0.06%	1.99%	0.06%
NTAP	C	0.06%	0.41%	0.06%
NTRS	A	0.08%	0.1%	0.08%
NVR	D	0.05%	0.08%	0.05%
NVT	B	0.05%	0.68%	0.05%
NXST	C	0.05%	0.08%	0.05%
NYT	D	0.05%	0.53%	0.05%
OC	A	0.05%	1.15%	0.05%
OMC	C	0.06%	0.09%	0.06%
OMF	A	0.08%	0.09%	0.08%
ORI	A	0.07%	0.19%	0.07%
OTIS	C	0.05%	1.03%	0.05%
PARA	C	0.05%	0.08%	0.05%
PEGA	B	0.08%	0.12%	0.08%
PG	C	0.15%	1.07%	0.15%
PGR	A	0.06%	0.09%	0.06%
PH	A	0.05%	0.26%	0.05%
PHM	D	0.05%	0.08%	0.05%
PKG	A	0.05%	0.1%	0.05%
POST	C	0.15%	0.08%	0.08%
PPG	F	0.05%	0.15%	0.05%
PVH	C	0.06%	0.08%	0.06%
PYPL	B	0.06%	0.8%	0.06%
QCOM	F	0.06%	0.52%	0.06%
QRVO	F	0.04%	0.05%	0.04%
REYN	D	0.14%	0.46%	0.14%
RGA	A	0.06%	0.09%	0.06%
RHI	C	0.06%	0.1%	0.06%
RL	C	0.06%	0.1%	0.06%
RMD	C	0.07%	0.09%	0.07%
ROST	D	0.05%	0.15%	0.05%
SAIC	F	0.06%	0.08%	0.06%
SEIC	B	0.07%	0.76%	0.07%
SHW	B	0.05%	0.33%	0.05%
SKX	D	0.05%	0.07%	0.05%
SNA	A	0.06%	0.11%	0.06%
SPG	A	0.15%	1.76%	0.15%
SSNC	B	0.06%	0.08%	0.06%
STLD	B	0.29%	0.1%	0.1%
STT	B	0.07%	0.09%	0.07%
SWK	D	0.04%	0.07%	0.04%
SWKS	F	0.05%	0.09%	0.05%
SYF	B	0.06%	0.12%	0.06%
SYY	D	0.15%	0.15%	0.15%
TAP	C	0.19%	0.1%	0.1%
TER	F	0.05%	0.07%	0.05%
TGT	F	0.05%	1.47%	0.05%
THC	D	0.08%	0.1%	0.08%
TJX	A	0.05%	0.17%	0.05%
TKR	D	0.22%	0.07%	0.07%
TOL	B	0.05%	1.07%	0.05%
TPR	B	0.07%	0.92%	0.07%
TRMB	B	0.05%	0.1%	0.05%
TROW	B	0.07%	0.09%	0.07%
TSN	B	0.16%	0.08%	0.08%
TT	A	0.05%	0.26%	0.05%
TWLO	A	0.11%	0.13%	0.11%
TXN	C	0.06%	1.48%	0.06%
TXRH	B	0.06%	0.1%	0.06%
TXT	D	0.04%	0.08%	0.04%
UBER	F	0.05%	1.19%	0.05%
UHS	D	0.07%	0.19%	0.07%
UNM	A	0.08%	0.11%	0.08%
USFD	A	0.18%	0.09%	0.09%
UTHR	C	0.09%	0.14%	0.09%
VLO	C	0.21%	0.08%	0.08%
VLTO	C	0.04%	1.55%	0.04%
VMI	B	0.05%	0.1%	0.05%
VRSN	C	0.07%	0.09%	0.07%
WING	D	0.04%	0.13%	0.04%
WMT	A	0.05%	2.19%	0.05%
WSM	C	0.05%	0.29%	0.05%
ZM	C	0.08%	0.38%	0.08%

EQAL Overweight 745 Positions Relative to VALQ

Symbol	Grade	Weight
UI	B	0.85%
LITE	B	0.78%
LBRDK	C	0.74%
CIEN	C	0.64%
TMUS	B	0.59%
IRDM	D	0.57%
ANET	C	0.54%
T	A	0.51%
JNPR	D	0.5%
ROKU	D	0.5%
FYBR	C	0.49%
VZ	C	0.46%
VST	A	0.34%
TPL	A	0.34%
MP	C	0.32%
AA	A	0.31%
FAST	B	0.28%
IP	A	0.28%
CC	C	0.27%
APD	A	0.27%
RS	B	0.27%
ALB	B	0.27%
BKR	A	0.26%
EQT	B	0.26%
KMI	A	0.26%
TRGP	A	0.26%
RBC	A	0.26%
DTM	A	0.26%
CF	A	0.26%
ESI	B	0.26%
SMG	C	0.26%
NUE	C	0.25%
MOS	F	0.25%
X	B	0.25%
OKE	A	0.24%
OLN	F	0.24%
CLF	F	0.24%
EMN	C	0.24%
SCCO	F	0.24%
WMB	A	0.24%
FCX	F	0.24%
EOG	A	0.23%
AR	B	0.23%
NRG	B	0.23%
PR	B	0.23%
OVV	B	0.23%
RRC	B	0.23%
CVX	A	0.23%
HXL	F	0.23%
LIN	C	0.23%
RGLD	C	0.23%
CEG	C	0.23%
MTDR	B	0.23%
LNG	A	0.23%
ETR	B	0.23%
FTI	A	0.23%
SLB	C	0.22%
AVY	F	0.22%
ASH	F	0.22%
COP	C	0.22%
WLK	D	0.22%
SRE	A	0.22%
MRO	B	0.22%
CTRA	B	0.22%
IDA	A	0.22%
HES	B	0.22%
EVRG	A	0.21%
PEG	A	0.21%
OGE	A	0.21%
CLH	C	0.21%
HUN	F	0.21%
WM	B	0.21%
PCG	A	0.21%
FANG	C	0.21%
FMC	D	0.21%
ATO	A	0.21%
NI	A	0.21%
HAL	C	0.21%
AEE	A	0.21%
XEL	A	0.21%
XOM	B	0.21%
CNP	A	0.21%
OXY	D	0.2%
WTRG	B	0.2%
AGR	A	0.2%
LW	C	0.2%
LNT	A	0.2%
WEC	A	0.2%
NOV	C	0.2%
PNW	A	0.2%
RSG	A	0.2%
NFG	A	0.2%
PSX	C	0.2%
AM	A	0.2%
IFF	D	0.2%
PPL	A	0.2%
DAR	C	0.19%
SAM	C	0.19%
APA	D	0.19%
DUK	C	0.19%
EXC	C	0.19%
DTE	C	0.19%
DINO	D	0.19%
CWEN	C	0.19%
EIX	B	0.19%
PPC	C	0.19%
CMS	C	0.19%
SO	C	0.19%
UGI	C	0.19%
D	C	0.19%
CIVI	D	0.19%
DVN	F	0.19%
CHRD	D	0.19%
AWK	C	0.18%
NEE	C	0.18%
MNST	C	0.18%
Z	A	0.18%
AEP	C	0.18%
ES	C	0.18%
NEM	D	0.18%
ED	C	0.18%
WFRD	D	0.18%
FE	C	0.18%
PFGC	B	0.18%
NFE	D	0.17%
FRPT	A	0.17%
GO	C	0.17%
WBA	F	0.16%
ACI	C	0.16%
VNO	C	0.16%
KVUE	A	0.16%
PM	B	0.16%
FSLR	F	0.16%
SPB	C	0.16%
CHD	A	0.16%
CTVA	C	0.16%
CASY	A	0.16%
CE	F	0.15%
SEG	B	0.15%
KHC	F	0.15%
PK	C	0.15%
PEP	F	0.15%
HRL	D	0.15%
HHH	B	0.15%
CVS	D	0.15%
SJM	D	0.15%
STZ	D	0.15%
DLR	B	0.15%
AES	F	0.15%
MSTR	B	0.15%
KRC	B	0.15%
CBRE	B	0.15%
REG	A	0.14%
ADC	A	0.14%
SEB	F	0.14%
BXP	C	0.14%
ADM	D	0.14%
MDLZ	F	0.14%
HST	C	0.14%
EQIX	A	0.14%
MKC	C	0.14%
KDP	F	0.14%
HSY	F	0.14%
WELL	A	0.14%
BRX	A	0.14%
KIM	A	0.14%
BG	D	0.14%
CUZ	B	0.14%
STAG	D	0.13%
EXR	C	0.13%
AMH	C	0.13%
PSA	C	0.13%
EGP	D	0.13%
INVH	D	0.13%
EPR	C	0.13%
VICI	C	0.13%
GLPI	C	0.13%
CELH	F	0.13%
FR	D	0.13%
RYN	D	0.13%
EQR	C	0.13%
DOC	C	0.13%
ELS	C	0.13%
MAA	B	0.13%
UDR	B	0.13%
CSGP	D	0.13%
IRM	C	0.13%
FRT	B	0.13%
ESS	B	0.13%
VTR	B	0.13%
CPT	B	0.13%
OHI	C	0.13%
WY	F	0.13%
HIW	C	0.13%
AVB	B	0.13%
REXR	F	0.12%
SUI	C	0.12%
CCI	C	0.12%
NNN	C	0.12%
ENPH	F	0.12%
PLD	F	0.12%
WPC	C	0.12%
NSA	C	0.12%
ARE	F	0.12%
CUBE	C	0.12%
O	C	0.12%
SBAC	D	0.12%
COIN	C	0.11%
DOCS	C	0.11%
SOFI	B	0.11%
AMT	C	0.11%
MASI	B	0.11%
NTRA	A	0.1%
DJT	C	0.1%
COLD	D	0.1%
PLTR	B	0.1%
MPW	F	0.1%
VTRS	A	0.09%
VRT	B	0.09%
EWBC	A	0.09%
NCNO	C	0.09%
WBS	A	0.09%
FIVN	C	0.09%
BSX	A	0.09%
DXCM	C	0.09%
BIO	C	0.09%
ISRG	A	0.09%
HUBS	A	0.09%
IBKR	A	0.09%
LH	B	0.09%
WFC	A	0.09%
MS	A	0.09%
CVNA	B	0.09%
NVST	B	0.09%
ILMN	C	0.09%
CFLT	B	0.09%
PODD	C	0.09%
APO	B	0.09%
WST	C	0.09%
UAL	A	0.09%
GMED	A	0.09%
TOST	B	0.09%
TEAM	A	0.09%
PEN	B	0.09%
WAT	C	0.09%
LPLA	A	0.09%
PINC	B	0.09%
ITCI	C	0.09%
HOOD	B	0.09%
RCL	A	0.08%
TPG	A	0.08%
AGO	B	0.08%
GS	A	0.08%
NCLH	B	0.08%
NVDA	B	0.08%
S	B	0.08%
KD	B	0.08%
HSIC	C	0.08%
MDT	D	0.08%
QGEN	D	0.08%
HBAN	A	0.08%
CMA	B	0.08%
BX	A	0.08%
ROIV	C	0.08%
ZS	B	0.08%
HOLX	D	0.08%
BDX	F	0.08%
PCOR	B	0.08%
MTSI	B	0.08%
RVTY	F	0.08%
BHF	C	0.08%
ALGN	D	0.08%
EW	C	0.08%
CAR	C	0.08%
RNG	C	0.08%
ELAN	D	0.08%
VRTX	D	0.08%
FTRE	D	0.08%
BILL	A	0.08%
CERT	F	0.08%
ALNY	D	0.08%
SNV	C	0.08%
LYFT	C	0.08%
SOLV	D	0.08%
TECH	F	0.08%
GEHC	D	0.08%
INTC	C	0.08%
JHG	B	0.08%
MTB	A	0.08%
PRGO	C	0.08%
CHE	D	0.08%
RGEN	D	0.08%
DFS	B	0.08%
CRM	B	0.08%
DAY	B	0.08%
SCHW	B	0.08%
KKR	A	0.08%
UNH	B	0.08%
RCM	A	0.08%
NBIX	C	0.08%
CRL	D	0.08%
FHN	A	0.08%
CG	B	0.08%
CTLT	C	0.08%
COLB	B	0.08%
OWL	A	0.08%
ABT	B	0.08%
DASH	B	0.08%
CRWD	B	0.08%
WTFC	A	0.08%
COHR	B	0.08%
PAYC	B	0.08%
ZBH	C	0.08%
AMP	A	0.08%
PNFP	B	0.08%
VEEV	C	0.08%
CFR	B	0.08%
SF	B	0.08%
RJF	A	0.08%
ENOV	C	0.08%
ZION	B	0.08%
SYK	B	0.08%
WRB	A	0.07%
AJG	A	0.07%
RARE	F	0.07%
VOYA	B	0.07%
GFS	C	0.07%
CME	B	0.07%
WDAY	B	0.07%
BIIB	F	0.07%
VAC	C	0.07%
NDAQ	A	0.07%
AIG	B	0.07%
INTU	B	0.07%
NWL	C	0.07%
AON	A	0.07%
MSCI	C	0.07%
BR	A	0.07%
SRPT	F	0.07%
BRKR	D	0.07%
DNB	B	0.07%
LLY	F	0.07%
INSP	D	0.07%
SMAR	B	0.07%
BEN	C	0.07%
ANSS	B	0.07%
VKTX	F	0.07%
LYV	A	0.07%
MRK	D	0.07%
WBD	B	0.07%
CINF	A	0.07%
TFSL	A	0.07%
GME	C	0.07%
MET	A	0.07%
UAA	C	0.07%
CRBG	B	0.07%
WTM	A	0.07%
TFC	A	0.07%
THG	A	0.07%
GEV	B	0.07%
AAL	B	0.07%
CDNS	B	0.07%
RYAN	A	0.07%
SNPS	B	0.07%
GLW	B	0.07%
MOH	F	0.07%
TSLA	B	0.07%
GTLB	B	0.07%
BRO	B	0.07%
IT	C	0.07%
HUM	C	0.07%
VIRT	A	0.07%
MU	D	0.07%
MORN	B	0.07%
PRU	A	0.07%
BOKF	B	0.07%
SNOW	B	0.07%
DV	C	0.07%
HCA	F	0.07%
ALK	B	0.07%
BROS	A	0.07%
KMPR	A	0.07%
GWRE	A	0.07%
PTC	B	0.07%
FITB	B	0.07%
PB	B	0.07%
IPGP	D	0.07%
GLOB	B	0.07%
ORCL	A	0.07%
AXON	A	0.07%
WTW	B	0.07%
PFE	F	0.07%
TRV	B	0.07%
FDS	B	0.07%
STE	D	0.07%
LSCC	D	0.07%
TW	A	0.07%
JPM	A	0.07%
NTNX	B	0.07%
DUOL	A	0.07%
MKL	A	0.07%
OZK	B	0.07%
SLM	A	0.07%
NOW	A	0.07%
WAL	B	0.07%
PNC	B	0.07%
MRVL	B	0.07%
RLI	A	0.07%
FCNCA	A	0.07%
AZTA	D	0.07%
AMGN	F	0.07%
TMO	F	0.07%
CFG	B	0.07%
SHC	F	0.07%
PRI	B	0.07%
CBSH	B	0.07%
RPRX	D	0.07%
ZTS	D	0.07%
LAD	A	0.07%
DHR	F	0.07%
BAC	A	0.07%
BLK	B	0.07%
C	A	0.07%
NET	B	0.07%
KEY	B	0.07%
DELL	B	0.07%
DDOG	A	0.07%
CCL	A	0.07%
LNC	C	0.07%
GEN	B	0.07%
SPOT	B	0.07%
ARES	A	0.07%
RF	A	0.07%
ESTC	C	0.07%
PANW	B	0.07%
FHB	B	0.07%
A	D	0.07%
FNB	A	0.07%
DAL	B	0.07%
IONS	F	0.07%
AMED	F	0.07%
EQH	C	0.07%
PYCR	B	0.07%
HLI	A	0.07%
USB	A	0.07%
TPX	B	0.06%
LPX	B	0.06%
ARMK	B	0.06%
TRIP	F	0.06%
CMI	A	0.06%
CW	C	0.06%
LUV	C	0.06%
AMD	F	0.06%
ESAB	C	0.06%
SCI	B	0.06%
SQ	A	0.06%
ZBRA	B	0.06%
AGNC	C	0.06%
PWR	A	0.06%
RBA	A	0.06%
ACGL	C	0.06%
ENTG	D	0.06%
ALGM	D	0.06%
H	B	0.06%
AWI	A	0.06%
EMR	B	0.06%
LOW	C	0.06%
MSGS	A	0.06%
AFRM	A	0.06%
ON	D	0.06%
WOLF	F	0.06%
GNRC	C	0.06%
XRAY	F	0.06%
PENN	C	0.06%
PAG	B	0.06%
SAIA	B	0.06%
FIX	A	0.06%
CBOE	C	0.06%
ABNB	C	0.06%
CPNG	D	0.06%
THO	B	0.06%
BBWI	C	0.06%
ADI	D	0.06%
R	B	0.06%
IAC	F	0.06%
DECK	A	0.06%
PLTK	B	0.06%
RBLX	C	0.06%
HCP	B	0.06%
STWD	C	0.06%
BWXT	B	0.06%
CPRT	B	0.06%
KBR	F	0.06%
NWSA	A	0.06%
ICE	C	0.06%
FOUR	A	0.06%
VFC	C	0.06%
OGN	F	0.06%
EXAS	D	0.06%
LOPE	C	0.06%
BSY	F	0.06%
RNR	C	0.06%
SPGI	C	0.06%
WCC	B	0.06%
MDB	B	0.06%
MMC	B	0.06%
APLS	F	0.06%
XPO	B	0.06%
U	C	0.06%
WDC	D	0.06%
PINS	F	0.06%
BPOP	C	0.06%
FAF	A	0.06%
HLT	A	0.06%
WHR	B	0.06%
MCO	B	0.06%
DIS	B	0.06%
WYNN	C	0.06%
MAR	A	0.06%
TFX	F	0.06%
AFL	B	0.06%
LVS	B	0.06%
TTD	B	0.06%
CHH	A	0.06%
TTWO	A	0.06%
COF	C	0.06%
CB	C	0.06%
PSTG	D	0.06%
ZI	D	0.06%
FNF	B	0.06%
AVTR	F	0.06%
APPF	B	0.06%
CNA	C	0.06%
MKTX	D	0.06%
SNX	D	0.06%
PLNT	A	0.06%
DXC	B	0.06%
KNSL	B	0.06%
PFG	D	0.06%
BAX	F	0.06%
RH	C	0.06%
OKTA	C	0.06%
GRMN	B	0.06%
WH	B	0.06%
BMRN	F	0.06%
PSN	D	0.06%
TYL	B	0.06%
AAON	B	0.06%
NU	C	0.06%
LULU	C	0.06%
CACC	D	0.06%
ROP	B	0.06%
PATH	C	0.06%
PCTY	C	0.06%
AVT	C	0.06%
TNL	A	0.06%
AFG	A	0.06%
TDC	D	0.06%
DT	D	0.06%
MSA	F	0.05%
MRNA	F	0.05%
LNW	F	0.05%
J	D	0.05%
WEX	D	0.05%
VRSK	A	0.05%
SSD	F	0.05%
TRU	D	0.05%
CSX	C	0.05%
OLLI	D	0.05%
MIDD	C	0.05%
GE	D	0.05%
BLDR	D	0.05%
UPS	C	0.05%
WWD	C	0.05%
AGCO	D	0.05%
LEA	F	0.05%
BC	C	0.05%
DG	F	0.05%
DOV	A	0.05%
MKSI	C	0.05%
NDSN	B	0.05%
CNM	D	0.05%
LHX	C	0.05%
FND	D	0.05%
HOG	D	0.05%
V	A	0.05%
CGNX	D	0.05%
TSCO	D	0.05%
GPN	B	0.05%
MTN	C	0.05%
GGG	B	0.05%
APG	B	0.05%
LEG	F	0.05%
IPG	D	0.05%
FIVE	F	0.05%
RTX	D	0.05%
SEE	C	0.05%
LII	A	0.05%
KSS	F	0.05%
BIRK	D	0.05%
NKE	F	0.05%
ROL	B	0.05%
DLTR	F	0.05%
YUM	D	0.05%
CHDN	B	0.05%
LKQ	F	0.05%
TXG	F	0.05%
BURL	B	0.05%
TREX	C	0.05%
PAYX	B	0.05%
ITT	A	0.05%
MA	B	0.05%
CNH	C	0.05%
ETSY	D	0.05%
HAS	D	0.05%
CDW	F	0.05%
KNX	C	0.05%
NSC	B	0.05%
ACN	B	0.05%
SN	D	0.05%
SBUX	A	0.05%
SNDR	B	0.05%
JBHT	C	0.05%
UHAL	D	0.05%
SW	A	0.05%
ATR	B	0.05%
AZO	C	0.05%
HAYW	B	0.05%
MLM	C	0.05%
ACM	B	0.05%
COST	A	0.05%
OLED	F	0.05%
AL	B	0.05%
POOL	C	0.05%
MCD	D	0.05%
YETI	D	0.05%
EXP	B	0.05%
ROK	C	0.05%
WAB	B	0.05%
SLGN	A	0.05%
ONTO	F	0.05%
HEI	A	0.05%
RPM	A	0.05%
ADP	A	0.05%
RRX	B	0.05%
JWN	D	0.05%
SITE	F	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%
AAP	D	0.05%
HON	C	0.05%
KMX	B	0.05%
MGM	D	0.05%
KEX	B	0.05%
MUSA	B	0.05%
IR	B	0.05%
REGN	F	0.05%
JCI	B	0.05%
GNTX	C	0.05%
GXO	B	0.05%
AXP	A	0.05%
MTZ	B	0.05%
SIRI	C	0.05%
M	F	0.05%
VMC	B	0.05%
URI	C	0.05%
CMG	B	0.05%
OSK	C	0.05%
TKO	A	0.05%
AME	A	0.05%
DKNG	B	0.05%
VNT	C	0.05%
CZR	F	0.05%
HWM	A	0.05%
XP	F	0.05%
VVV	D	0.05%
ULTA	F	0.05%
WEN	D	0.05%
CHRW	B	0.05%
MTCH	D	0.05%
FI	A	0.05%
ORLY	B	0.05%
ELF	C	0.05%
GTES	A	0.05%
PCAR	B	0.05%
CPAY	A	0.05%
ODFL	C	0.05%
BJ	A	0.05%
IEX	C	0.05%
WSC	F	0.04%
RIVN	F	0.04%
CNXC	F	0.04%
BA	F	0.04%
BFAM	D	0.04%
EL	F	0.04%
UWMC	D	0.04%
EFX	F	0.04%
CRI	F	0.04%
DOW	F	0.04%
ACHC	F	0.04%
FCN	F	0.04%
MPWR	F	0.04%
WMS	F	0.04%
SPR	D	0.04%
APTV	F	0.04%
TDG	D	0.04%
GD	D	0.04%
FBIN	D	0.04%
TTEK	F	0.04%
XYL	D	0.04%
PII	F	0.04%
QS	F	0.04%
WU	F	0.04%
BAH	F	0.04%
VSTS	C	0.04%
CXT	C	0.04%
ST	F	0.04%
COTY	F	0.04%
MAN	F	0.04%
NOC	D	0.04%
CLVT	D	0.04%
BALL	F	0.04%
W	D	0.04%
DHI	F	0.04%
ATI	C	0.04%
FTV	C	0.04%
DE	B	0.04%
GPK	C	0.04%
SON	F	0.04%
BLD	D	0.04%
DD	C	0.04%
LSTR	D	0.04%
TTC	C	0.04%
UNP	C	0.04%
RKT	F	0.04%
CARR	C	0.04%
CPRI	F	0.03%
LCID	F	0.03%
MDU	D	0.03%
HII	F	0.03%
SMCI	F	0.02%

EQAL Underweight 18 Positions Relative to VALQ

Symbol	Grade	Weight
SFM	A	-1.02%
CBT	D	-0.41%
SM	B	-0.3%
NOVT	D	-0.29%
QLYS	B	-0.28%
NSIT	F	-0.18%
ANF	F	-0.14%
MLI	B	-0.11%
AIT	B	-0.11%
TMHC	C	-0.09%
FIZZ	C	-0.09%
BMI	B	-0.09%
CMC	B	-0.09%
ALKS	C	-0.09%
WTS	B	-0.09%
KBH	D	-0.08%
MMS	F	-0.07%
IGT	F	-0.07%