EQAL vs. VFMO ETF Comparison

Comparison of PowerShares Russell 1000 Equal Weight Portfolio (EQAL) to Vanguard U.S. Momentum Factor ETF (VFMO)

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

$48.68

Average Daily Volume

21,039

Number of Holdings ^*

964

* may have additional holdings in another (foreign) market

VFMO

Vanguard U.S. Momentum Factor ETF

VFMO Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong recent performance as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$161.17

Average Daily Volume

26,710

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

Performance

Period	EQAL	VFMO
30 Days	4.22%	5.89%
60 Days	10.48%	14.25%
90 Days	9.91%	7.54%
12 Months	28.06%	46.35%

233 Overlapping Holdings

Symbol	Grade	Weight in EQAL	Weight in VFMO	Overlap
AAON	A	0.05%	0.02%	0.02%
ACGL	A	0.07%	0.16%	0.07%
AFL	A	0.06%	0.07%	0.06%
AFRM	C	0.05%	0.14%	0.05%
AGO	B	0.06%	0.35%	0.06%
AIG	C	0.06%	0.33%	0.06%
AIZ	B	0.07%	0.18%	0.07%
AJG	C	0.06%	0.18%	0.06%
ALL	A	0.06%	0.21%	0.06%
ALLY	F	0.07%	0.08%	0.07%
ALSN	A	0.05%	0.34%	0.05%
AM	A	0.21%	0.09%	0.09%
AMAT	C	0.07%	0.57%	0.07%
AMD	C	0.07%	0.05%	0.05%
AMZN	C	0.05%	0.79%	0.05%
ANET	A	0.55%	0.06%	0.06%
ANET	A	0.55%	1.31%	0.55%
AOS	C	0.05%	0.05%	0.05%
APG	F	0.05%	0.16%	0.05%
APH	D	0.06%	0.58%	0.06%
APO	A	0.07%	0.9%	0.07%
APP	A	0.08%	0.31%	0.08%
APPF	C	0.07%	0.07%	0.07%
ARES	A	0.07%	0.16%	0.07%
ATI	C	0.05%	0.11%	0.05%
AVGO	B	0.07%	1.34%	0.07%
AWI	A	0.05%	0.37%	0.05%
AXON	A	0.05%	0.16%	0.05%
AXP	A	0.05%	0.45%	0.05%
AYI	A	0.05%	0.13%	0.05%
AZEK	D	0.05%	0.22%	0.05%
BAH	C	0.05%	0.1%	0.05%
BALL	C	0.05%	0.04%	0.04%
BKNG	B	0.05%	0.29%	0.05%
BLD	D	0.05%	0.14%	0.05%
BLDR	C	0.05%	0.18%	0.05%
BPOP	D	0.06%	0.3%	0.06%
BRBR	A	0.17%	0.23%	0.17%
BRO	A	0.07%	0.07%	0.07%
BSX	A	0.08%	0.53%	0.08%
BX	C	0.07%	0.16%	0.07%
C	B	0.07%	0.85%	0.07%
CACI	A	0.07%	0.02%	0.02%
CAH	B	0.08%	0.07%	0.07%
CARR	A	0.05%	0.15%	0.05%
CASY	D	0.16%	0.13%	0.13%
CAT	A	0.05%	0.34%	0.05%
CBOE	B	0.06%	0.06%	0.06%
CELH	F	0.16%	0.18%	0.16%
CHRD	F	0.2%	0.03%	0.03%
CLH	B	0.2%	0.17%	0.17%
CMG	C	0.05%	0.85%	0.05%
CNM	F	0.05%	0.3%	0.05%
COIN	F	0.07%	0.18%	0.07%
COKE	C	0.16%	0.1%	0.1%
COST	C	0.05%	0.54%	0.05%
CPAY	A	0.05%	0.06%	0.05%
CPRT	B	0.05%	0.14%	0.05%
CR	A	0.05%	0.23%	0.05%
CRBG	B	0.07%	0.23%	0.07%
CRM	B	0.07%	0.34%	0.07%
CRWD	D	0.07%	1.07%	0.07%
CSL	A	0.05%	0.19%	0.05%
CVNA	A	0.06%	0.33%	0.06%
CW	A	0.05%	0.13%	0.05%
CXT	F	0.04%	0.15%	0.04%
DASH	A	0.07%	0.09%	0.07%
DDS	D	0.06%	0.04%	0.04%
DECK	B	0.05%	0.38%	0.05%
DHI	C	0.05%	0.29%	0.05%
DJT	F	0.06%	0.13%	0.06%
DKNG	C	0.05%	0.3%	0.05%
DKS	D	0.05%	0.2%	0.05%
DPZ	D	0.06%	0.18%	0.06%
DUOL	B	0.06%	0.08%	0.06%
DVA	C	0.08%	0.2%	0.08%
EHC	C	0.09%	0.11%	0.09%
ELAN	D	0.08%	0.08%	0.08%
ELF	F	0.05%	0.2%	0.05%
EME	B	0.05%	0.44%	0.05%
ESAB	C	0.05%	0.16%	0.05%
ESTC	F	0.07%	0.19%	0.07%
ETN	B	0.05%	0.86%	0.05%
EVR	C	0.07%	0.19%	0.07%
EWBC	B	0.07%	0.2%	0.07%
EXEL	B	0.08%	0.04%	0.04%
EXP	C	0.05%	0.13%	0.05%
FANG	D	0.2%	0.37%	0.2%
FCNCA	D	0.06%	0.25%	0.06%
FCX	B	0.3%	0.12%	0.12%
FHN	D	0.06%	0.22%	0.06%
FI	A	0.05%	0.1%	0.05%
FICO	C	0.05%	0.2%	0.05%
FITB	C	0.07%	0.34%	0.07%
FIX	A	0.05%	0.31%	0.05%
FNF	C	0.07%	0.05%	0.05%
FRPT	A	0.16%	0.19%	0.16%
FTI	B	0.22%	0.22%	0.22%
FYBR	C	0.51%	0.12%	0.12%
GAP	F	0.05%	0.12%	0.05%
GE	B	0.05%	1.09%	0.05%
GM	D	0.05%	0.28%	0.05%
GRMN	D	0.05%	0.09%	0.05%
GTES	C	0.05%	0.02%	0.02%
GWRE	A	0.07%	0.17%	0.07%
GWW	B	0.05%	0.17%	0.05%
HLT	A	0.05%	0.32%	0.05%
HOOD	B	0.07%	0.22%	0.07%
HRB	C	0.05%	0.11%	0.05%
HUBB	A	0.05%	0.13%	0.05%
HUBS	D	0.07%	0.12%	0.07%
IBKR	A	0.07%	0.13%	0.07%
IBM	A	0.07%	0.18%	0.07%
INTU	F	0.06%	0.05%	0.05%
IT	A	0.07%	0.06%	0.06%
JEF	A	0.07%	0.08%	0.07%
JPM	C	0.06%	0.37%	0.06%
KD	D	0.06%	0.11%	0.06%
KEX	C	0.05%	0.02%	0.02%
KEY	B	0.07%	0.32%	0.07%
KKR	A	0.07%	1.06%	0.07%
KLAC	B	0.07%	0.82%	0.07%
KMPR	D	0.06%	0.02%	0.02%
LDOS	A	0.07%	0.18%	0.07%
LEN	C	0.05%	0.34%	0.05%
LEN	C	0.05%	0.04%	0.04%
LII	C	0.05%	0.13%	0.05%
LIN	C	0.25%	0.16%	0.16%
LLY	D	0.08%	1.29%	0.08%
LNW	F	0.05%	0.15%	0.05%
LOPE	D	0.05%	0.03%	0.03%
LRCX	D	0.07%	0.81%	0.07%
LYFT	D	0.06%	0.13%	0.06%
M	D	0.05%	0.05%	0.05%
MCK	F	0.15%	0.76%	0.15%
MEDP	F	0.08%	0.19%	0.08%
META	A	0.07%	1.14%	0.07%
MPC	D	0.21%	0.69%	0.21%
MPWR	B	0.07%	0.06%	0.06%
MSA	F	0.05%	0.1%	0.05%
MSFT	D	0.06%	0.24%	0.06%
MSTR	B	0.08%	0.24%	0.08%
MTG	A	0.07%	0.11%	0.07%
MTSI	B	0.07%	0.06%	0.06%
MU	D	0.08%	0.9%	0.08%
MUSA	D	0.05%	0.11%	0.05%
NBIX	F	0.08%	0.09%	0.08%
NEU	F	0.24%	0.09%	0.09%
NFLX	A	0.05%	1.16%	0.05%
NOW	B	0.06%	0.25%	0.06%
NTNX	C	0.06%	0.22%	0.06%
NTRA	A	0.08%	0.17%	0.08%
NU	D	0.06%	0.4%	0.06%
NVDA	B	0.06%	1.49%	0.06%
NVR	C	0.06%	0.25%	0.06%
NVT	C	0.05%	0.15%	0.05%
NWSA	D	0.05%	0.03%	0.03%
OC	C	0.05%	0.15%	0.05%
OLLI	C	0.05%	0.08%	0.05%
OMF	D	0.07%	0.21%	0.07%
ONTO	B	0.07%	0.29%	0.07%
ORI	A	0.06%	0.1%	0.06%
OWL	A	0.07%	0.15%	0.07%
PAG	D	0.05%	0.04%	0.04%
PCAR	D	0.05%	0.78%	0.05%
PFGC	A	0.17%	0.04%	0.04%
PGR	B	0.06%	0.89%	0.06%
PH	A	0.05%	0.51%	0.05%
PHM	C	0.06%	0.34%	0.06%
PINS	D	0.07%	0.07%	0.07%
PLTR	A	0.07%	0.1%	0.07%
PNR	C	0.05%	0.08%	0.05%
PPC	C	0.17%	0.21%	0.17%
PR	D	0.21%	0.17%	0.17%
PRI	A	0.07%	0.11%	0.07%
PSN	A	0.07%	0.14%	0.07%
PSTG	F	0.06%	0.07%	0.06%
PSX	D	0.21%	0.69%	0.21%
PTC	B	0.06%	0.06%	0.06%
PVH	D	0.06%	0.05%	0.05%
PWR	A	0.05%	0.08%	0.05%
QCOM	D	0.06%	0.29%	0.06%
RCL	B	0.06%	0.28%	0.06%
RGA	B	0.06%	0.07%	0.06%
RKT	D	0.06%	0.06%	0.06%
RL	B	0.06%	0.18%	0.06%
ROST	D	0.05%	0.1%	0.05%
RS	D	0.26%	0.13%	0.13%
SAIA	D	0.05%	0.24%	0.05%
SCCO	B	0.29%	0.19%	0.19%
SCHW	D	0.07%	0.15%	0.07%
SHW	C	0.05%	0.25%	0.05%
SKX	B	0.05%	0.22%	0.05%
SLM	B	0.07%	0.16%	0.07%
SMCI	F	0.06%	0.27%	0.06%
SNPS	F	0.07%	0.04%	0.04%
SPB	C	0.17%	0.06%	0.06%
SPOT	C	0.06%	0.38%	0.06%
SSD	B	0.05%	0.23%	0.05%
STLD	C	0.28%	0.2%	0.2%
TDG	A	0.05%	0.71%	0.05%
THC	D	0.08%	0.12%	0.08%
TJX	D	0.05%	0.29%	0.05%
TOL	C	0.06%	0.28%	0.06%
TPG	A	0.07%	0.19%	0.07%
TPX	C	0.06%	0.14%	0.06%
TREX	D	0.05%	0.12%	0.05%
TRGP	A	0.2%	0.2%	0.2%
TT	A	0.05%	0.73%	0.05%
UBER	C	0.06%	0.81%	0.06%
UHAL	C	0.06%	0.03%	0.03%
URI	C	0.05%	0.23%	0.05%
USFD	C	0.16%	0.05%	0.05%
UWMC	D	0.06%	0.09%	0.06%
VIRT	B	0.06%	0.06%	0.06%
VKTX	C	0.08%	0.17%	0.08%
VLO	F	0.21%	0.14%	0.14%
VNT	F	0.05%	0.12%	0.05%
VRT	B	0.07%	0.31%	0.07%
VRTX	D	0.08%	0.19%	0.08%
WAB	A	0.05%	0.23%	0.05%
WAL	C	0.07%	0.02%	0.02%
WDC	C	0.07%	0.2%	0.07%
WFC	B	0.07%	0.95%	0.07%
WFRD	F	0.19%	0.3%	0.19%
WING	C	0.05%	0.39%	0.05%
WMS	D	0.05%	0.14%	0.05%
WRB	C	0.06%	0.1%	0.06%
WSM	C	0.06%	0.23%	0.06%
WSO	C	0.05%	0.09%	0.05%
WTFC	B	0.07%	0.05%	0.05%
WWD	C	0.05%	0.1%	0.05%
XPO	F	0.05%	0.25%	0.05%

EQAL Overweight 733 Positions Relative to VFMO

Symbol	Grade	Weight
LBRDK	C	0.66%
IRDM	C	0.61%
LITE	A	0.61%
CIEN	A	0.58%
UI	B	0.56%
CSCO	A	0.55%
CMCSA	B	0.54%
VZ	C	0.53%
JNPR	C	0.52%
TMUS	A	0.52%
T	B	0.52%
MSI	A	0.52%
ROKU	C	0.51%
CHTR	D	0.49%
MP	C	0.32%
SMG	C	0.31%
VST	A	0.3%
AA	B	0.3%
CC	D	0.29%
CE	D	0.28%
OLN	D	0.28%
CLF	D	0.27%
EMN	C	0.27%
CEG	A	0.27%
HUN	B	0.27%
FMC	C	0.26%
ESI	C	0.26%
NUE	D	0.26%
APD	C	0.26%
MOS	F	0.26%
TKR	B	0.26%
ALB	D	0.26%
CF	A	0.26%
WLK	C	0.26%
ECL	C	0.25%
AVY	D	0.25%
NEM	C	0.25%
IP	C	0.25%
IFF	D	0.25%
X	F	0.25%
LYB	B	0.25%
ASH	F	0.25%
FAST	C	0.25%
RBC	C	0.25%
RGLD	C	0.24%
HXL	F	0.24%
EQT	C	0.23%
CHK	C	0.23%
NRG	A	0.23%
SWN	D	0.23%
RRC	D	0.22%
ETR	A	0.22%
KMI	A	0.22%
SLB	D	0.22%
CWEN	C	0.22%
AR	C	0.22%
FSLR	C	0.22%
ENPH	F	0.22%
BKR	B	0.22%
TPL	A	0.22%
AES	C	0.22%
NEE	C	0.21%
EXC	C	0.21%
LNG	A	0.21%
CMS	A	0.21%
COP	D	0.21%
SO	A	0.21%
SRE	C	0.21%
MRO	B	0.21%
OGE	C	0.21%
NI	A	0.21%
ATO	A	0.21%
HAL	D	0.21%
DTE	B	0.21%
DINO	F	0.21%
NFG	A	0.21%
EIX	C	0.21%
EVRG	C	0.21%
PPL	C	0.21%
DTM	A	0.21%
LNT	B	0.21%
APA	F	0.21%
EOG	B	0.21%
AEE	A	0.21%
XOM	A	0.21%
CTRA	D	0.21%
CVX	B	0.21%
HES	D	0.21%
UGI	C	0.21%
CNP	B	0.21%
PEG	A	0.21%
RSG	D	0.2%
DVN	F	0.2%
CIVI	F	0.2%
AWK	D	0.2%
SRCL	B	0.2%
WM	B	0.2%
AEP	C	0.2%
PNW	C	0.2%
OVV	D	0.2%
MTDR	D	0.2%
OKE	A	0.2%
NOV	F	0.2%
D	A	0.2%
FE	C	0.2%
DUK	C	0.2%
ES	D	0.2%
AGR	C	0.2%
OXY	D	0.2%
WMB	A	0.2%
WTRG	D	0.2%
IDA	D	0.2%
WEC	B	0.2%
ED	C	0.2%
PCG	C	0.2%
XEL	C	0.2%
GO	F	0.18%
DAR	F	0.18%
NFE	F	0.18%
CAG	D	0.17%
KR	C	0.17%
WBA	F	0.17%
MNST	D	0.17%
STZ	D	0.17%
KHC	F	0.17%
LW	D	0.17%
SAM	D	0.17%
SJM	D	0.17%
CTVA	A	0.17%
CVS	D	0.17%
TAP	D	0.17%
TSN	D	0.16%
PM	D	0.16%
KRC	C	0.16%
MO	D	0.16%
PEP	F	0.16%
ACI	F	0.16%
HSY	D	0.16%
CL	D	0.16%
REYN	D	0.16%
PG	D	0.16%
CLX	C	0.16%
HRL	F	0.16%
CPB	D	0.16%
MDLZ	D	0.16%
MKC	C	0.16%
KMB	D	0.16%
ADM	F	0.16%
K	B	0.16%
Z	C	0.16%
KVUE	C	0.16%
KO	C	0.16%
CHD	D	0.16%
SEB	F	0.16%
KDP	C	0.16%
BG	F	0.16%
POST	C	0.16%
SYY	D	0.16%
FLO	D	0.16%
INGR	B	0.16%
GIS	C	0.16%
LAMR	C	0.15%
CBRE	C	0.15%
HHH	C	0.15%
HST	D	0.15%
JLL	C	0.15%
MPW	C	0.15%
SEG	F	0.15%
WY	C	0.15%
PK	D	0.15%
VNO	B	0.15%
REG	C	0.14%
CSGP	F	0.14%
PLD	D	0.14%
UDR	C	0.14%
INVH	D	0.14%
KIM	C	0.14%
AMT	D	0.14%
AVB	C	0.14%
GLPI	C	0.14%
CCI	D	0.14%
VTR	C	0.14%
FRT	D	0.14%
ADC	C	0.14%
VICI	C	0.14%
CUBE	C	0.14%
WELL	C	0.14%
COLD	D	0.14%
ARE	D	0.14%
PSA	C	0.14%
OHI	C	0.14%
NSA	D	0.14%
SBAC	C	0.14%
NNN	C	0.14%
BRX	C	0.14%
STAG	D	0.14%
EXR	D	0.14%
IRM	B	0.14%
DLR	C	0.14%
CPT	C	0.14%
O	C	0.14%
CUZ	C	0.14%
FR	D	0.14%
DOC	C	0.14%
WPC	C	0.14%
HIW	C	0.14%
EGP	D	0.14%
EQIX	C	0.14%
EPR	C	0.14%
REXR	D	0.14%
RYN	C	0.14%
SPG	A	0.14%
BXP	B	0.14%
SUI	D	0.13%
ELS	D	0.13%
AMH	D	0.13%
ESS	D	0.13%
EQR	C	0.13%
MAA	D	0.13%
MASI	B	0.1%
WST	D	0.09%
TMO	D	0.09%
HSIC	D	0.09%
CTLT	A	0.09%
ALNY	C	0.09%
AZTA	F	0.09%
DHR	D	0.09%
BMY	A	0.09%
A	B	0.09%
CHE	D	0.09%
TECH	D	0.09%
BRKR	D	0.09%
NVST	D	0.09%
CERT	F	0.09%
GEHC	C	0.09%
UTHR	C	0.09%
WAT	B	0.09%
ALGN	D	0.09%
DOCS	A	0.09%
ITCI	D	0.08%
COHR	B	0.08%
ELV	F	0.08%
RARE	D	0.08%
MRNA	F	0.08%
OGN	F	0.08%
LSCC	D	0.08%
INTC	D	0.08%
IONS	F	0.08%
RMD	C	0.08%
PRGO	F	0.08%
PEN	D	0.08%
VEEV	C	0.08%
SRPT	F	0.08%
FTRE	F	0.08%
MOH	F	0.08%
ISRG	C	0.08%
STE	D	0.08%
WOLF	F	0.08%
AVTR	D	0.08%
EW	F	0.08%
DXCM	F	0.08%
CI	D	0.08%
EXAS	C	0.08%
JNJ	D	0.08%
IDXX	D	0.08%
VTRS	D	0.08%
BIIB	F	0.08%
SOLV	C	0.08%
HUM	F	0.08%
IQV	F	0.08%
MRK	F	0.08%
BAX	D	0.08%
UNH	B	0.08%
AMGN	D	0.08%
MDT	C	0.08%
UHS	D	0.08%
INSP	C	0.08%
CNC	F	0.08%
PFE	D	0.08%
DGX	D	0.08%
SYK	C	0.08%
GMED	B	0.08%
RCM	B	0.08%
ABBV	C	0.08%
ABT	C	0.08%
AMED	D	0.08%
HOLX	D	0.08%
INCY	B	0.08%
TXG	F	0.08%
GILD	A	0.08%
PODD	C	0.08%
ENOV	F	0.08%
RPRX	D	0.08%
XRAY	D	0.08%
SHC	C	0.08%
TFX	C	0.08%
CRL	F	0.08%
ZTS	C	0.08%
BDX	C	0.08%
QGEN	F	0.08%
RGEN	F	0.08%
ZBH	F	0.08%
HCA	C	0.08%
ILMN	B	0.08%
BIO	B	0.08%
JAZZ	F	0.08%
PINC	F	0.08%
CDW	D	0.07%
AAPL	C	0.07%
MSCI	B	0.07%
RLI	A	0.07%
CAR	D	0.07%
PNC	C	0.07%
HBAN	B	0.07%
FTNT	A	0.07%
GS	B	0.07%
BSY	D	0.07%
CB	A	0.07%
BOKF	B	0.07%
APLS	F	0.07%
NTAP	D	0.07%
DDOG	B	0.07%
KBR	A	0.07%
RJF	B	0.07%
PFG	A	0.07%
DBX	C	0.07%
DFS	A	0.07%
EPAM	F	0.07%
TOST	B	0.07%
ZM	B	0.07%
ORCL	A	0.07%
RYAN	A	0.07%
BK	A	0.07%
ON	F	0.07%
ADI	B	0.07%
DT	B	0.07%
HLI	A	0.07%
TER	C	0.07%
NTRS	B	0.07%
CNA	D	0.07%
MORN	B	0.07%
TROW	D	0.07%
CME	A	0.07%
CMA	C	0.07%
W	C	0.07%
PNFP	B	0.07%
RF	B	0.07%
MCHP	F	0.07%
GOOGL	B	0.07%
ENTG	D	0.07%
MANH	A	0.07%
AXS	A	0.07%
ACHC	F	0.07%
ADSK	B	0.07%
FFIV	B	0.07%
BEN	F	0.07%
WYNN	B	0.07%
MTB	A	0.07%
HPQ	B	0.07%
BRK.A	B	0.07%
CACC	F	0.07%
TRV	B	0.07%
PATH	D	0.07%
DELL	C	0.07%
GLW	C	0.07%
DOX	B	0.07%
SOFI	C	0.07%
CTSH	B	0.07%
FDS	C	0.07%
NCNO	F	0.07%
EQH	B	0.07%
STT	A	0.07%
BLK	A	0.07%
ZION	D	0.07%
GDDY	B	0.07%
SNX	C	0.07%
LVS	B	0.07%
WTW	C	0.07%
HIG	A	0.07%
LNC	B	0.07%
MTCH	B	0.07%
AKAM	D	0.07%
PEGA	B	0.07%
DLB	D	0.07%
CFR	B	0.07%
UNM	A	0.07%
RNG	F	0.07%
JHG	A	0.07%
PCOR	D	0.07%
S	C	0.07%
AVT	B	0.07%
WBS	D	0.07%
AMG	B	0.07%
ARW	C	0.07%
TDC	D	0.07%
SMAR	A	0.07%
RH	C	0.07%
TW	A	0.07%
CLVT	D	0.07%
SF	A	0.07%
USB	C	0.07%
COLB	C	0.07%
MET	A	0.07%
IAC	C	0.07%
LPLA	D	0.07%
DOCU	A	0.07%
IVZ	A	0.07%
CG	B	0.07%
RNR	A	0.07%
ALGM	F	0.07%
TWLO	B	0.07%
IPGP	D	0.07%
REGN	D	0.07%
JBL	C	0.07%
HPE	B	0.07%
U	D	0.07%
ADBE	F	0.06%
MSGS	A	0.06%
MAT	B	0.06%
BIRK	F	0.06%
POOL	D	0.06%
COTY	F	0.06%
VAC	D	0.06%
TTD	A	0.06%
YETI	C	0.06%
HD	A	0.06%
AN	D	0.06%
KSS	D	0.06%
PLTK	C	0.06%
DIS	D	0.06%
GNTX	D	0.06%
LULU	D	0.06%
DLTR	F	0.06%
TXRH	A	0.06%
LEA	F	0.06%
ARMK	C	0.06%
OMC	C	0.06%
BYD	B	0.06%
ABNB	D	0.06%
SITE	D	0.06%
MAR	A	0.06%
MDB	D	0.06%
CCL	C	0.06%
TNL	B	0.06%
GME	D	0.06%
MGM	D	0.06%
ETSY	F	0.06%
TPR	B	0.06%
TRIP	D	0.06%
APTV	D	0.06%
MRVL	C	0.06%
NWL	D	0.06%
CRUS	D	0.06%
LOW	C	0.06%
LYV	A	0.06%
FND	C	0.06%
CPNG	C	0.06%
HOG	D	0.06%
TKO	A	0.06%
UAL	A	0.06%
CROX	C	0.06%
EXPE	B	0.06%
HAS	A	0.06%
LEG	D	0.06%
WBD	F	0.06%
TSLA	C	0.06%
VFC	A	0.06%
OLED	B	0.06%
CHH	A	0.06%
ROP	D	0.06%
CZR	B	0.06%
NKE	D	0.06%
WHR	C	0.06%
ANSS	D	0.06%
GTLB	D	0.06%
BWA	C	0.06%
THO	C	0.06%
NCLH	C	0.06%
DAL	C	0.06%
HCP	A	0.06%
WDAY	D	0.06%
XP	F	0.06%
MKL	B	0.06%
TEAM	D	0.06%
FOXA	B	0.06%
QRVO	F	0.06%
DV	F	0.06%
SWKS	F	0.06%
INFA	D	0.06%
EL	D	0.06%
BBWI	F	0.06%
L	C	0.06%
TYL	D	0.06%
CBSH	D	0.06%
PRU	B	0.06%
NET	D	0.06%
ICE	A	0.06%
SPGI	C	0.06%
BHF	D	0.06%
TFSL	D	0.06%
EG	A	0.06%
MCO	D	0.06%
WTM	C	0.06%
PB	D	0.06%
DXC	C	0.06%
MKTX	B	0.06%
MMC	D	0.06%
PAYC	D	0.06%
GLOB	D	0.06%
SSNC	C	0.06%
PYCR	D	0.06%
VRSN	C	0.06%
AON	A	0.06%
OKTA	F	0.06%
NDAQ	C	0.06%
SNOW	F	0.06%
SEIC	B	0.06%
SNV	D	0.06%
CINF	A	0.06%
AFG	A	0.06%
AMP	A	0.06%
FHB	D	0.06%
UAA	B	0.06%
DNB	D	0.06%
BR	B	0.06%
CDNS	D	0.06%
THG	A	0.06%
CFLT	F	0.06%
KNSL	B	0.06%
FAF	C	0.06%
SAIC	A	0.06%
BAC	B	0.06%
MS	A	0.06%
DAY	C	0.06%
FNB	D	0.06%
LAD	C	0.06%
GFS	F	0.06%
ZI	F	0.06%
GL	C	0.06%
TFC	D	0.06%
PANW	B	0.06%
ZS	F	0.06%
BMRN	F	0.06%
AGNC	B	0.06%
STWD	C	0.06%
TXN	C	0.06%
VOYA	A	0.06%
OZK	D	0.06%
FIVN	F	0.06%
CFG	C	0.06%
AMKR	F	0.06%
DCI	B	0.05%
EFX	D	0.05%
CSX	D	0.05%
CTAS	C	0.05%
ROK	D	0.05%
LSTR	F	0.05%
SPR	D	0.05%
PPG	D	0.05%
LHX	A	0.05%
DOV	C	0.05%
IR	A	0.05%
IEX	D	0.05%
RHI	D	0.05%
FDX	F	0.05%
JKHY	A	0.05%
G	A	0.05%
PAYX	B	0.05%
HII	F	0.05%
VMI	B	0.05%
SQ	D	0.05%
FLS	A	0.05%
VSTS	D	0.05%
NOC	B	0.05%
SNA	C	0.05%
GPK	D	0.05%
COF	A	0.05%
OTIS	A	0.05%
MKSI	F	0.05%
LMT	A	0.05%
AXTA	C	0.05%
XYL	C	0.05%
FCN	C	0.05%
FTV	C	0.05%
ITW	C	0.05%
UNP	F	0.05%
FIS	A	0.05%
MDU	C	0.05%
EEFT	F	0.05%
ALLE	A	0.05%
LCID	F	0.05%
ATR	A	0.05%
GXO	D	0.05%
MMM	C	0.05%
DE	C	0.05%
NSC	C	0.05%
VLTO	A	0.05%
CHDN	C	0.05%
SNDR	D	0.05%
TTC	F	0.05%
GGG	C	0.05%
UPS	D	0.05%
MSM	D	0.05%
SYF	A	0.05%
TRMB	B	0.05%
MLM	F	0.05%
TTEK	A	0.05%
RPM	A	0.05%
CCK	C	0.05%
ADP	A	0.05%
CGNX	F	0.05%
MA	A	0.05%
JBHT	D	0.05%
HWM	A	0.05%
CNH	C	0.05%
TTWO	D	0.05%
MHK	C	0.05%
TRU	C	0.05%
MAS	C	0.05%
VMC	D	0.05%
DD	C	0.05%
BILL	D	0.05%
MTZ	A	0.05%
GNRC	B	0.05%
ODFL	F	0.05%
MIDD	D	0.05%
NDSN	C	0.05%
GPC	D	0.05%
BERY	C	0.05%
JCI	C	0.05%
TDY	A	0.05%
AL	D	0.05%
MTD	C	0.05%
BROS	F	0.05%
EMR	B	0.05%
MTN	D	0.05%
ACN	B	0.05%
LFUS	C	0.05%
KNX	D	0.05%
COLM	B	0.05%
ST	F	0.05%
BURL	C	0.05%
ROL	C	0.05%
RTX	A	0.05%
HEI	C	0.05%
BC	C	0.05%
AMCR	C	0.05%
ITT	C	0.05%
TSCO	A	0.05%
RBLX	D	0.05%
LECO	D	0.05%
DOW	B	0.05%
HAYW	C	0.05%
CNXC	F	0.05%
ACM	A	0.05%
RBA	D	0.05%
PKG	B	0.05%
AGCO	D	0.05%
AAL	D	0.05%
WCC	D	0.05%
SLGN	B	0.05%
SBUX	B	0.05%
SEE	C	0.05%
CRI	D	0.05%
PYPL	A	0.05%
KEYS	B	0.05%
CMI	A	0.05%
BWXT	A	0.05%
J	F	0.05%
BFAM	C	0.05%
YUM	C	0.05%
SWK	C	0.05%
JWN	D	0.05%
SW	C	0.05%
ORLY	A	0.05%
PCTY	C	0.05%
EA	D	0.05%
FIVE	D	0.05%
RRX	B	0.05%
WMT	A	0.05%
LUV	B	0.05%
H	B	0.05%
CPRI	C	0.05%
ULTA	D	0.05%
EBAY	A	0.05%
R	C	0.05%
F	D	0.05%
BJ	B	0.05%
LKQ	F	0.05%
NXST	D	0.05%
PARA	F	0.05%
IPG	D	0.05%
DRI	C	0.05%
GEV	A	0.05%
TGT	C	0.05%
AZO	D	0.05%
WEN	B	0.05%
KMX	F	0.05%
WEX	C	0.05%
ALK	C	0.05%
QS	F	0.05%
SCI	D	0.05%
MCD	A	0.05%
SN	A	0.05%
LPX	C	0.05%
CHRW	C	0.05%
VVV	D	0.05%
ZBRA	B	0.05%
PII	D	0.05%
FOUR	A	0.05%
AAP	F	0.05%
DG	F	0.05%
PLNT	B	0.05%
PENN	D	0.05%
NYT	C	0.05%
BBY	C	0.05%
WH	C	0.05%
SON	D	0.04%
HON	C	0.04%
GPN	F	0.04%
WSC	D	0.04%
VRSK	D	0.04%
V	B	0.04%
WU	D	0.04%
GD	C	0.04%
RIVN	F	0.04%
OSK	F	0.04%
BA	F	0.04%
ADTN	C	0.04%
TXT	F	0.04%
EXPD	D	0.04%
AME	C	0.04%
MAN	D	0.04%

EQAL Underweight 353 Positions Relative to VFMO

Symbol	Grade	Weight
GOOG	B	-0.71%
SMMT	D	-0.4%
SKYW	B	-0.37%
AROC	B	-0.36%
SFM	A	-0.34%
IBP	C	-0.29%
GPOR	B	-0.28%
CUBI	F	-0.28%
FN	B	-0.28%
BPMC	F	-0.26%
ANF	D	-0.25%
BLBD	D	-0.25%
INSM	D	-0.23%
SFL	D	-0.23%
LBRT	D	-0.22%
FBP	B	-0.22%
TNK	C	-0.22%
GFF	C	-0.21%
COR	F	-0.21%
PCVX	C	-0.21%
ASPN	C	-0.21%
STC	D	-0.21%
AZZ	B	-0.21%
OSCR	C	-0.2%
REVG	D	-0.2%
SM	D	-0.2%
HLX	C	-0.2%
CYTK	D	-0.2%
IESC	A	-0.2%
LRN	D	-0.2%
VCTR	A	-0.19%
ADMA	A	-0.19%
POWL	B	-0.19%
NSIT	B	-0.19%
MLKN	F	-0.19%
GKOS	B	-0.19%
INSW	B	-0.19%
LMB	B	-0.18%
FULT	D	-0.18%
JXN	A	-0.18%
DHT	B	-0.18%
LBPH	D	-0.18%
BKD	F	-0.17%
CSWI	A	-0.17%
TDW	F	-0.17%
COOP	B	-0.17%
RNA	B	-0.17%
WULF	C	-0.17%
VERA	C	-0.16%
MOG.A	C	-0.16%
AIT	B	-0.16%
INVA	B	-0.16%
MOD	B	-0.16%
MCY	B	-0.16%
SKWD	A	-0.16%
ATGE	D	-0.15%
TPC	A	-0.15%
CRNX	C	-0.15%
RXST	F	-0.15%
SGBX	F	-0.15%
NAT	B	-0.15%
HQY	B	-0.15%
ASB	D	-0.15%
BCC	C	-0.15%
CADE	B	-0.15%
RVMD	B	-0.14%
NUVL	B	-0.14%
TMHC	C	-0.14%
LPG	F	-0.14%
JANX	C	-0.14%
RSI	B	-0.14%
STRL	B	-0.14%
VITL	C	-0.14%
DYN	D	-0.14%
NR	F	-0.14%
AMR	F	-0.13%
CDRE	A	-0.13%
BGC	B	-0.13%
AVAV	B	-0.13%
ZIMV	F	-0.13%
NHC	D	-0.13%
HOV	D	-0.13%
HUMA	F	-0.13%
ROAD	C	-0.13%
CLSK	F	-0.13%
EWTX	B	-0.13%
UTI	F	-0.13%
AMRX	B	-0.13%
MHO	C	-0.13%
PTVE	D	-0.13%
HURN	D	-0.12%
BV	A	-0.12%
TNC	F	-0.12%
HCC	C	-0.12%
GIII	C	-0.12%
ARDX	D	-0.12%
LQDA	F	-0.12%
MTH	C	-0.12%
TREE	C	-0.12%
SCS	D	-0.12%
CBZ	F	-0.11%
TWST	D	-0.11%
ANNX	C	-0.11%
EYPT	F	-0.11%
AMWD	C	-0.11%
ACLX	C	-0.11%
ACIC	D	-0.11%
RYTM	C	-0.11%
ALT	F	-0.11%
KRYS	D	-0.11%
CIFR	C	-0.11%
YMAB	C	-0.11%
TDS	C	-0.11%
MATX	C	-0.11%
OFG	D	-0.11%
COLL	A	-0.11%
ANAB	D	-0.11%
BKU	D	-0.11%
HY	D	-0.11%
GNK	D	-0.11%
ENSG	D	-0.11%
HRTX	D	-0.11%
EVER	D	-0.11%
PRIM	A	-0.11%
RUSHA	D	-0.11%
CMPR	F	-0.11%
GBX	C	-0.1%
MARA	F	-0.1%
CXW	F	-0.1%
ITGR	B	-0.1%
NPO	C	-0.1%
REX	D	-0.1%
EU	C	-0.1%
NNBR	C	-0.1%
EGY	D	-0.1%
AUR	C	-0.1%
SRRK	F	-0.1%
PTGX	C	-0.1%
MTX	C	-0.1%
TARS	C	-0.1%
NRIX	D	-0.1%
GOGL	C	-0.1%
CRS	B	-0.1%
AGM	D	-0.1%
GEO	D	-0.1%
NKTX	F	-0.1%
HNI	B	-0.1%
STNG	B	-0.1%
MSGE	B	-0.09%
ORIC	F	-0.09%
SPNT	D	-0.09%
BELFB	A	-0.09%
DAWN	D	-0.09%
TMDX	D	-0.09%
GNW	A	-0.09%
EOLS	C	-0.09%
UEC	C	-0.09%
ABCB	C	-0.09%
CENX	C	-0.09%
SLVM	C	-0.09%
SHAK	A	-0.09%
PRMW	B	-0.09%
PETQ	A	-0.09%
TILE	C	-0.09%
AORT	B	-0.09%
FOR	D	-0.09%
IDYA	F	-0.09%
TK	B	-0.09%
CGEM	F	-0.09%
CECO	D	-0.09%
METC	D	-0.09%
HCI	B	-0.09%
OII	D	-0.09%
ANIP	F	-0.09%
SIGA	F	-0.08%
IMVT	D	-0.08%
KROS	C	-0.08%
SWTX	F	-0.08%
GRND	D	-0.08%
SXI	B	-0.08%
VECO	F	-0.08%
GRBK	C	-0.08%
BASE	F	-0.08%
TROX	D	-0.08%
RDNT	C	-0.08%
GERN	D	-0.08%
ACMR	D	-0.08%
MAX	C	-0.08%
BOH	D	-0.08%
PLAY	D	-0.08%
BBIO	F	-0.08%
KALV	F	-0.08%
SMTC	C	-0.08%
IOVA	D	-0.08%
KURA	F	-0.08%
FG	B	-0.08%
PRCT	D	-0.08%
AEO	C	-0.08%
MLI	B	-0.08%
SOUN	F	-0.08%
INOD	D	-0.07%
AMAL	B	-0.07%
OSW	B	-0.07%
UVV	D	-0.07%
PRDO	D	-0.07%
OCUL	B	-0.07%
RDN	D	-0.07%
DFH	C	-0.07%
LAUR	C	-0.07%
CHCO	D	-0.07%
ICFI	C	-0.07%
KTB	C	-0.07%
AGIO	D	-0.07%
WINA	C	-0.07%
PATK	A	-0.07%
HEES	D	-0.07%
WOR	F	-0.07%
ANDE	D	-0.07%
ALKT	D	-0.07%
CDE	C	-0.07%
VSEC	D	-0.07%
ALXO	F	-0.07%
HWKN	B	-0.07%
WTS	C	-0.06%
UVE	C	-0.06%
NVRI	D	-0.06%
AIR	C	-0.06%
SVRA	F	-0.06%
WEAV	B	-0.06%
BAND	C	-0.06%
UFPT	D	-0.06%
OLMA	F	-0.06%
JOE	D	-0.06%
ROIV	D	-0.06%
TNDM	D	-0.06%
ACVA	C	-0.06%
SIG	C	-0.06%
MDXG	F	-0.06%
KOP	F	-0.06%
SPRY	C	-0.06%
SANA	F	-0.06%
TGI	F	-0.05%
ACT	B	-0.05%
TRMK	D	-0.05%
ALTR	B	-0.05%
PRK	D	-0.05%
WDFC	B	-0.05%
NTB	D	-0.05%
LZB	D	-0.05%
FDMT	F	-0.05%
JELD	D	-0.05%
CENT	F	-0.05%
VCEL	F	-0.05%
STEP	A	-0.05%
ARLO	F	-0.05%
PBF	F	-0.05%
FSS	D	-0.05%
CAL	F	-0.05%
ACA	C	-0.05%
TPH	C	-0.05%
CASH	C	-0.05%
CRAI	B	-0.05%
CSTL	B	-0.05%
AGYS	D	-0.05%
ZEUS	F	-0.05%
TFIN	F	-0.05%
GMS	B	-0.05%
QNST	C	-0.05%
DFIN	B	-0.04%
PRM	C	-0.04%
SB	C	-0.04%
BLX	B	-0.04%
MTRN	F	-0.04%
MBI	F	-0.04%
PAR	D	-0.04%
TPB	C	-0.04%
PNTG	C	-0.04%
PI	A	-0.04%
AX	D	-0.04%
PACK	F	-0.04%
CTS	B	-0.04%
CMRE	C	-0.04%
IBOC	D	-0.04%
INZY	D	-0.04%
DAKT	D	-0.04%
ARCT	D	-0.04%
OCGN	F	-0.04%
OSIS	C	-0.04%
HIMS	C	-0.04%
URGN	F	-0.04%
KTOS	B	-0.04%
MRSN	D	-0.04%
CRVL	C	-0.04%
SHOO	A	-0.04%
PFBC	D	-0.04%
VRNS	B	-0.04%
NMRK	C	-0.04%
CRDO	B	-0.04%
SPOK	D	-0.04%
MYRG	D	-0.03%
LYTS	B	-0.03%
TRN	C	-0.03%
GOLF	F	-0.03%
PRG	C	-0.03%
MBIN	C	-0.03%
PFSI	C	-0.03%
SCVL	D	-0.03%
UPBD	F	-0.03%
EPAC	A	-0.03%
NMIH	B	-0.03%
GPI	C	-0.03%
URBN	F	-0.03%
GIC	D	-0.03%
STNE	F	-0.03%
XERS	B	-0.03%
CCS	C	-0.03%
LOB	B	-0.03%
SEMR	C	-0.03%
ARCH	D	-0.03%
MIR	B	-0.03%
CNX	A	-0.03%
CDLX	F	-0.03%
SXC	F	-0.03%
RAMP	F	-0.03%
PARR	F	-0.03%
DXPE	C	-0.03%
EAT	A	-0.03%
ROCK	D	-0.03%
THR	F	-0.03%
GSHD	B	-0.02%
IDT	C	-0.02%
CRMD	A	-0.02%
BHE	C	-0.02%
CCOI	B	-0.02%
PFC	D	-0.02%
AGX	A	-0.02%
USLM	C	-0.02%
CPF	C	-0.02%
FBK	B	-0.02%
PLMR	A	-0.02%
SPNS	B	-0.02%
ATRO	D	-0.02%
KRUS	D	-0.02%
ITRI	C	-0.02%
KALU	D	-0.02%
MITK	F	-0.02%
PAGS	F	-0.02%
WRLD	F	-0.02%
LEU	A	-0.02%
ZETA	B	-0.02%
CPS	F	-0.02%
SCSC	D	-0.02%
ASC	D	-0.02%