PBP vs. RVRB ETF Comparison

Comparison of PowerShares S&P 500 BuyWrite Portfolio (PBP) to Reverb ETF (RVRB)

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

$23.19

Average Daily Volume

20,954

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.48

Average Daily Volume

211

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

Performance

Period	PBP	RVRB
30 Days	2.60%	3.72%
60 Days	3.31%	4.84%
90 Days	5.14%	7.54%
12 Months	19.73%	31.75%

423 Overlapping Holdings

	Symbol	Grade	Weight in PBP	Weight in RVRB	Overlap
	A	D	0.08%	0.07%	0.07%
	AAPL	B	7.01%	5.64%	5.64%
	ABBV	D	0.61%	0.52%	0.52%
	ABNB	C	0.12%	0.15%	0.12%
	ABT	B	0.4%	0.35%	0.35%
	ACN	B	0.46%	0.39%	0.39%
	ADBE	C	0.47%	0.41%	0.41%
	ADI	D	0.21%	0.19%	0.19%
	ADM	F	0.05%	0.04%	0.04%
	ADP	B	0.25%	0.21%	0.21%
	ADSK	B	0.13%	0.12%	0.12%
	AEE	A	0.05%	0.05%	0.05%
	AEP	D	0.1%	0.09%	0.09%
	AES	F	0.02%	0.01%	0.01%
	AFL	B	0.11%	0.11%	0.11%
	AIG	B	0.1%	0.09%	0.09%
	AJG	A	0.13%	0.11%	0.11%
	AKAM	F	0.03%	0.01%	0.01%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	B	0.1%	0.09%	0.09%
	AMAT	F	0.31%	0.27%	0.27%
	AMCR	D	0.03%	0.02%	0.02%
	AMD	F	0.45%	0.39%	0.39%
	AME	A	0.09%	0.09%	0.09%
	AMGN	D	0.32%	0.28%	0.28%
	AMP	B	0.11%	0.11%	0.11%
	AMT	D	0.18%	0.16%	0.16%
	AMZN	C	3.99%	4.4%	3.99%
	ANET	C	0.2%	0.22%	0.2%
	ANSS	B	0.06%	0.04%	0.04%
	AON	A	0.17%	0.14%	0.14%
	APD	A	0.14%	0.12%	0.12%
	APH	B	0.18%	0.16%	0.16%
	APTV	F	0.03%	0.02%	0.02%
	ARE	D	0.03%	0.03%	0.03%
	ATO	A	0.05%	0.04%	0.04%
	AVB	B	0.07%	0.06%	0.06%
	AVGO	D	1.6%	1.32%	1.32%
	AVY	D	0.03%	0.03%	0.03%
	AWK	D	0.05%	0.04%	0.04%
	AXON	B	0.09%	0.04%	0.04%
	AXP	A	0.33%	0.37%	0.33%
	BA	D	0.2%	0.14%	0.14%
	BAC	A	0.63%	0.6%	0.6%
	BALL	D	0.04%	0.04%	0.04%
	BAX	F	0.03%	0.03%	0.03%
	BBY	D	0.04%	0.04%	0.04%
	BDX	F	0.13%	0.12%	0.12%
	BG	F	0.03%	0.01%	0.01%
	BIIB	F	0.05%	0.04%	0.04%
	BK	A	0.12%	0.1%	0.1%
	BKNG	B	0.34%	0.32%	0.32%
	BKR	C	0.09%	0.08%	0.08%
	BLDR	C	0.04%	0.03%	0.03%
	BLK	C	0.29%	0.27%	0.27%
	BMY	B	0.24%	0.21%	0.21%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.73%	1.65%	1.65%
	BRO	B	0.05%	0.06%	0.05%
	BSX	C	0.26%	0.24%	0.24%
	BX	B	0.26%	0.23%	0.23%
	C	A	0.26%	0.23%	0.23%
	CAG	D	0.03%	0.01%	0.01%
	CAH	B	0.06%	0.05%	0.05%
	CARR	C	0.13%	0.12%	0.12%
	CAT	B	0.38%	0.35%	0.35%
	CB	D	0.22%	0.2%	0.2%
	CBRE	B	0.08%	0.07%	0.07%
	CCI	D	0.09%	0.08%	0.08%
	CCL	B	0.05%	0.06%	0.05%
	CDNS	B	0.17%	0.16%	0.16%
	CDW	F	0.05%	0.05%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CEG	D	0.14%	0.13%	0.13%
	CF	B	0.03%	0.02%	0.02%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHTR	C	0.08%	0.1%	0.08%
	CI	D	0.18%	0.17%	0.17%
	CINF	A	0.05%	0.04%	0.04%
	CL	D	0.15%	0.13%	0.13%
	CLX	C	0.04%	0.03%	0.03%
	CMCSA	C	0.34%	0.3%	0.3%
	CMG	B	0.17%	0.16%	0.16%
	CMI	A	0.1%	0.09%	0.09%
	CMS	C	0.04%	0.03%	0.03%
	CNC	F	0.06%	0.06%	0.06%
	CNP	A	0.04%	0.03%	0.03%
	COF	B	0.14%	0.12%	0.12%
	COP	D	0.27%	0.23%	0.23%
	COR	C	0.09%	0.08%	0.08%
	COST	B	0.83%	0.77%	0.77%
	CPAY	A	0.05%	0.05%	0.05%
	CPB	D	0.02%	0.01%	0.01%
	CPRT	A	0.1%	0.1%	0.1%
	CRM	B	0.65%	0.55%	0.55%
	CRWD	B	0.16%	0.15%	0.15%
	CSCO	A	0.47%	0.41%	0.41%
	CSGP	C	0.06%	0.05%	0.05%
	CSX	B	0.14%	0.13%	0.13%
	CTAS	B	0.15%	0.17%	0.15%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.07%	0.07%
	CTVA	B	0.08%	0.07%	0.07%
	CVS	D	0.14%	0.12%	0.12%
	CVX	B	0.56%	0.52%	0.52%
	D	C	0.1%	0.08%	0.08%
	DAL	B	0.08%	0.07%	0.07%
	DD	D	0.07%	0.06%	0.06%
	DE	B	0.2%	0.2%	0.2%
	DELL	C	0.08%	0.16%	0.08%
	DFS	B	0.09%	0.08%	0.08%
	DG	F	0.03%	0.03%	0.03%
	DGX	B	0.04%	0.03%	0.03%
	DHI	D	0.1%	0.09%	0.09%
	DHR	D	0.31%	0.31%	0.31%
	DIS	B	0.4%	0.34%	0.34%
	DLR	A	0.11%	0.1%	0.1%
	DLTR	D	0.03%	0.02%	0.02%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.06%	0.06%	0.06%
	DRI	B	0.04%	0.03%	0.03%
	DTE	C	0.05%	0.05%	0.05%
	DUK	C	0.17%	0.15%	0.15%
	DVN	F	0.05%	0.05%	0.05%
	DXCM	C	0.06%	0.05%	0.05%
	EA	C	0.08%	0.07%	0.07%
	EBAY	C	0.06%	0.06%	0.06%
	ECL	D	0.13%	0.13%	0.13%
	ED	D	0.07%	0.06%	0.06%
	EFX	D	0.07%	0.05%	0.05%
	EG	C	0.03%	0.02%	0.02%
	EL	F	0.03%	0.04%	0.03%
	ELV	F	0.19%	0.16%	0.16%
	EMR	A	0.15%	0.13%	0.13%
	ENPH	F	0.02%	0.01%	0.01%
	EOG	C	0.16%	0.14%	0.14%
	EQIX	A	0.17%	0.17%	0.17%
	EQR	B	0.05%	0.05%	0.05%
	EQT	B	0.05%	0.02%	0.02%
	ERIE	D	0.02%	0.03%	0.02%
	ES	D	0.04%	0.04%	0.04%
	ESS	B	0.04%	0.02%	0.02%
	ETN	A	0.29%	0.26%	0.26%
	ETR	B	0.06%	0.06%	0.06%
	EW	C	0.08%	0.07%	0.07%
	EXC	D	0.08%	0.07%	0.07%
	EXPD	C	0.03%	0.02%	0.02%
	EXPE	B	0.05%	0.05%	0.05%
	EXR	C	0.07%	0.06%	0.06%
	F	C	0.09%	0.08%	0.08%
	FANG	F	0.07%	0.06%	0.06%
	FAST	B	0.1%	0.08%	0.08%
	FCX	F	0.13%	0.11%	0.11%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.13%	0.13%	0.13%
	FE	D	0.04%	0.04%	0.04%
	FI	A	0.25%	0.23%	0.23%
	FICO	B	0.12%	0.15%	0.12%
	FIS	D	0.1%	0.09%	0.09%
	FMC	D	0.01%	0.01%	0.01%
	FOX	B	0.01%	0.04%	0.01%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.12%	0.13%	0.12%
	FTV	B	0.05%	0.05%	0.05%
	GDDY	B	0.05%	0.05%	0.05%
	GE	D	0.39%	0.34%	0.34%
	GEHC	F	0.08%	0.07%	0.07%
	GEV	C	0.18%	0.17%	0.17%
	GILD	B	0.23%	0.2%	0.2%
	GIS	D	0.07%	0.06%	0.06%
	GLW	B	0.07%	0.07%	0.07%
	GM	B	0.13%	0.11%	0.11%
	GOOGL	C	2.08%	4.05%	2.08%
	GPC	D	0.03%	0.03%	0.03%
	GPN	C	0.06%	0.05%	0.05%
	GRMN	A	0.07%	0.07%	0.07%
	GS	B	0.38%	0.34%	0.34%
	GWW	A	0.11%	0.08%	0.08%
	HAL	C	0.05%	0.05%	0.05%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	F	0.13%	0.15%	0.13%
	HD	A	0.81%	0.75%	0.75%
	HES	C	0.08%	0.08%	0.08%
	HIG	B	0.07%	0.06%	0.06%
	HLT	A	0.12%	0.11%	0.11%
	HOLX	D	0.04%	0.03%	0.03%
	HON	B	0.3%	0.21%	0.21%
	HPE	B	0.06%	0.05%	0.05%
	HPQ	B	0.07%	0.06%	0.06%
	HRL	D	0.02%	0.03%	0.02%
	HSY	F	0.05%	0.07%	0.05%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	C	0.07%	0.05%	0.05%
	HWM	B	0.09%	0.08%	0.08%
	IBM	C	0.39%	0.33%	0.33%
	ICE	D	0.18%	0.16%	0.16%
	IDXX	F	0.07%	0.05%	0.05%
	IEX	B	0.04%	0.01%	0.01%
	IFF	D	0.05%	0.04%	0.04%
	INCY	C	0.03%	0.01%	0.01%
	INTC	C	0.22%	0.18%	0.18%
	INTU	C	0.4%	0.36%	0.36%
	INVH	D	0.04%	0.04%	0.04%
	IP	B	0.04%	0.02%	0.02%
	IQV	F	0.07%	0.07%	0.07%
	IR	A	0.08%	0.07%	0.07%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	C	0.39%	0.34%	0.34%
	IT	C	0.08%	0.07%	0.07%
	ITW	A	0.15%	0.14%	0.14%
	J	F	0.04%	0.04%	0.04%
	JBHT	C	0.03%	0.04%	0.03%
	JBL	C	0.03%	0.02%	0.02%
	JCI	C	0.12%	0.1%	0.1%
	JNJ	D	0.74%	0.46%	0.46%
	JPM	B	1.39%	1.18%	1.18%
	K	A	0.04%	0.05%	0.04%
	KDP	D	0.07%	0.08%	0.07%
	KEY	A	0.04%	0.02%	0.02%
	KEYS	B	0.05%	0.05%	0.05%
	KHC	D	0.06%	0.07%	0.06%
	KKR	B	0.21%	0.24%	0.21%
	KLAC	F	0.18%	0.17%	0.17%
	KMB	C	0.09%	0.08%	0.08%
	KMI	B	0.1%	0.11%	0.1%
	KO	D	0.49%	0.5%	0.49%
	KR	A	0.08%	0.08%	0.08%
	KVUE	A	0.09%	0.08%	0.08%
	L	B	0.03%	0.03%	0.03%
	LDOS	D	0.05%	0.04%	0.04%
	LEN	C	0.08%	0.08%	0.08%
	LH	B	0.04%	0.02%	0.02%
	LHX	C	0.1%	0.08%	0.08%
	LIN	D	0.44%	0.38%	0.38%
	LKQ	D	0.02%	0.01%	0.01%
	LLY	F	1.25%	1.31%	1.25%
	LMT	D	0.23%	0.24%	0.23%
	LOW	C	0.31%	0.28%	0.28%
	LRCX	F	0.2%	0.19%	0.19%
	LULU	C	0.08%	0.06%	0.06%
	LUV	B	0.04%	0.04%	0.04%
	LVS	C	0.03%	0.07%	0.03%
	LW	C	0.02%	0.01%	0.01%
	LYB	F	0.04%	0.05%	0.04%
	LYV	A	0.04%	0.06%	0.04%
	MA	B	0.87%	0.87%	0.87%
	MAA	B	0.04%	0.03%	0.03%
	MAR	A	0.13%	0.14%	0.13%
	MAS	C	0.03%	0.03%	0.03%
	MCD	D	0.43%	0.36%	0.36%
	MCHP	F	0.07%	0.06%	0.06%
	MCK	C	0.16%	0.16%	0.16%
	MCO	A	0.15%	0.15%	0.15%
	MDLZ	F	0.18%	0.16%	0.16%
	MDT	D	0.22%	0.2%	0.2%
	MET	A	0.1%	0.11%	0.1%
	META	D	2.55%	2.4%	2.4%
	MGM	F	0.02%	0.01%	0.01%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.07%	0.08%	0.07%
	MMC	A	0.22%	0.2%	0.2%
	MMM	D	0.15%	0.13%	0.13%
	MNST	B	0.08%	0.1%	0.08%
	MO	A	0.19%	0.17%	0.17%
	MOH	F	0.04%	0.04%	0.04%
	MOS	F	0.02%	0.01%	0.01%
	MPC	F	0.11%	0.09%	0.09%
	MPWR	F	0.06%	0.04%	0.04%
	MRK	F	0.5%	0.35%	0.35%
	MRNA	F	0.03%	0.03%	0.03%
	MRO	B	0.03%	0.01%	0.01%
	MS	B	0.33%	0.38%	0.33%
	MSCI	C	0.1%	0.08%	0.08%
	MSFT	D	6.41%	6.29%	6.29%
	MSI	C	0.17%	0.16%	0.16%
	MTB	B	0.07%	0.07%	0.07%
	MTD	F	0.05%	0.08%	0.05%
	MU	D	0.22%	0.2%	0.2%
	NDAQ	A	0.07%	0.08%	0.07%
	NEE	D	0.31%	0.27%	0.27%
	NEM	F	0.09%	0.08%	0.08%
	NFLX	B	0.73%	0.64%	0.64%
	NKE	F	0.18%	0.21%	0.18%
	NOC	D	0.14%	0.13%	0.13%
	NOW	B	0.43%	0.4%	0.4%
	NRG	C	0.04%	0.02%	0.02%
	NSC	A	0.12%	0.1%	0.1%
	NTAP	C	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	D	0.07%	0.07%	0.07%
	NVDA	C	7.29%	6.15%	6.15%
	NXPI	D	0.12%	0.1%	0.1%
	O	D	0.1%	0.09%	0.09%
	ODFL	B	0.09%	0.09%	0.09%
	OMC	C	0.04%	0.03%	0.03%
	ON	C	0.06%	0.05%	0.05%
	ORCL	C	0.6%	0.9%	0.6%
	ORLY	B	0.14%	0.16%	0.14%
	OTIS	C	0.08%	0.07%	0.07%
	OXY	F	0.07%	0.08%	0.07%
	PANW	C	0.26%	0.23%	0.23%
	PAYC	A	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.09%	0.09%
	PCAR	B	0.12%	0.11%	0.11%
	PCG	B	0.09%	0.1%	0.09%
	PEG	A	0.09%	0.08%	0.08%
	PEP	F	0.46%	0.39%	0.39%
	PFE	D	0.3%	0.25%	0.25%
	PFG	C	0.04%	0.04%	0.04%
	PG	A	0.8%	0.69%	0.69%
	PGR	A	0.31%	0.26%	0.26%
	PH	A	0.18%	0.18%	0.18%
	PHM	C	0.05%	0.05%	0.05%
	PKG	B	0.04%	0.02%	0.02%
	PLD	D	0.21%	0.18%	0.18%
	PLTR	B	0.24%	0.24%	0.24%
	PM	B	0.4%	0.35%	0.35%
	PNC	A	0.17%	0.15%	0.15%
	PODD	B	0.04%	0.02%	0.02%
	PPG	D	0.06%	0.06%	0.06%
	PPL	B	0.05%	0.04%	0.04%
	PRU	A	0.09%	0.08%	0.08%
	PSA	C	0.11%	0.11%	0.11%
	PSX	C	0.11%	0.1%	0.1%
	PTC	A	0.05%	0.04%	0.04%
	PWR	A	0.1%	0.08%	0.08%
	PYPL	A	0.18%	0.16%	0.16%
	QCOM	F	0.37%	0.32%	0.32%
	RCL	B	0.11%	0.1%	0.1%
	REGN	F	0.17%	0.15%	0.15%
	RF	B	0.05%	0.04%	0.04%
	RJF	A	0.06%	0.06%	0.06%
	RMD	C	0.07%	0.06%	0.06%
	ROK	B	0.07%	0.06%	0.06%
	ROL	B	0.03%	0.04%	0.03%
	ROP	B	0.12%	0.11%	0.11%
	ROST	C	0.1%	0.08%	0.08%
	RSG	A	0.09%	0.12%	0.09%
	RTX	D	0.32%	0.27%	0.27%
	RVTY	D	0.03%	0.01%	0.01%
	SBAC	D	0.05%	0.04%	0.04%
	SBUX	B	0.23%	0.19%	0.19%
	SCHW	A	0.24%	0.2%	0.2%
	SHW	A	0.18%	0.17%	0.17%
	SJM	D	0.02%	0.01%	0.01%
	SMCI	D	0.02%	0.02%	0.02%
	SNPS	B	0.17%	0.14%	0.14%
	SO	D	0.19%	0.17%	0.17%
	SPG	C	0.11%	0.1%	0.1%
	SPGI	C	0.33%	0.29%	0.29%
	SRE	A	0.12%	0.1%	0.1%
	STE	F	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.04%	0.04%
	STT	A	0.06%	0.05%	0.05%
	STX	D	0.04%	0.04%	0.04%
	STZ	D	0.08%	0.08%	0.08%
	SW	B	0.05%	0.02%	0.02%
	SWKS	F	0.03%	0.01%	0.01%
	SYK	C	0.27%	0.25%	0.25%
	SYY	C	0.07%	0.07%	0.07%
	T	A	0.32%	0.28%	0.28%
	TDG	D	0.14%	0.16%	0.14%
	TDY	B	0.05%	0.03%	0.03%
	TER	F	0.04%	0.03%	0.03%
	TFC	B	0.13%	0.11%	0.11%
	TGT	F	0.14%	0.13%	0.13%
	TJX	A	0.27%	0.25%	0.25%
	TMO	F	0.41%	0.34%	0.34%
	TMUS	A	0.24%	0.46%	0.24%
	TRGP	B	0.08%	0.07%	0.07%
	TRMB	B	0.04%	0.01%	0.01%
	TROW	A	0.05%	0.05%	0.05%
	TRV	B	0.12%	0.1%	0.1%
	TSCO	C	0.06%	0.05%	0.05%
	TSLA	B	1.75%	1.62%	1.62%
	TSN	B	0.04%	0.04%	0.04%
	TT	B	0.19%	0.16%	0.16%
	TTWO	B	0.06%	0.06%	0.06%
	TXN	D	0.38%	0.33%	0.33%
	TXT	D	0.03%	0.03%	0.03%
	TYL	A	0.05%	0.04%	0.04%
	UAL	B	0.06%	0.03%	0.03%
	UBER	D	0.3%	0.26%	0.26%
	ULTA	F	0.04%	0.02%	0.02%
	UNH	B	1.11%	0.95%	0.95%
	UNP	C	0.29%	0.26%	0.26%
	UPS	C	0.2%	0.2%	0.2%
	URI	B	0.12%	0.11%	0.11%
	USB	A	0.16%	0.14%	0.14%
	V	A	1.04%	1.19%	1.04%
	VICI	C	0.07%	0.06%	0.06%
	VLO	C	0.09%	0.08%	0.08%
	VLTO	C	0.05%	0.05%	0.05%
	VMC	B	0.08%	0.07%	0.07%
	VRSK	A	0.08%	0.07%	0.07%
	VRSN	F	0.03%	0.04%	0.03%
	VRTX	D	0.25%	0.22%	0.22%
	VST	B	0.1%	0.09%	0.09%
	VTR	D	0.05%	0.04%	0.04%
	VZ	B	0.35%	0.29%	0.29%
	WAB	B	0.07%	0.06%	0.06%
	WAT	B	0.04%	0.05%	0.04%
	WBA	D	0.01%	0.01%	0.01%
	WBD	C	0.04%	0.04%	0.04%
	WDC	C	0.04%	0.04%	0.04%
	WEC	A	0.06%	0.06%	0.06%
	WELL	C	0.16%	0.15%	0.15%
	WFC	A	0.5%	0.45%	0.45%
	WM	A	0.16%	0.16%	0.16%
	WMB	B	0.14%	0.12%	0.12%
	WMT	B	0.74%	1.23%	0.74%
	WRB	A	0.04%	0.02%	0.02%
	WST	C	0.05%	0.04%	0.04%
	WTW	B	0.06%	0.06%	0.06%
	WY	D	0.05%	0.04%	0.04%
	XEL	A	0.08%	0.07%	0.07%
	XOM	C	1.08%	0.9%	0.9%
	XYL	D	0.06%	0.05%	0.05%
	YUM	B	0.08%	0.07%	0.07%
	ZBH	C	0.04%	0.04%	0.04%
	ZTS	D	0.16%	0.15%	0.15%

PBP Overweight 76 Positions Relative to RVRB

	Symbol	Grade	Weight
	GOOG	C	1.72%
	CME	A	0.16%
	GD	F	0.15%
	OKE	C	0.13%
	SLB	C	0.12%
	AZO	C	0.1%
	ACGL	D	0.08%
	NVR	D	0.06%
	EIX	A	0.06%
	FITB	B	0.06%
	SYF	A	0.05%
	DECK	A	0.05%
	PNR	B	0.04%
	SNA	A	0.04%
	ZBRA	A	0.04%
	CBOE	B	0.04%
	JKHY	D	0.03%
	JNPR	F	0.03%
	CPT	B	0.03%
	CHRW	C	0.03%
	SWK	D	0.03%
	TPR	A	0.03%
	UDR	B	0.03%
	POOL	C	0.03%
	NDSN	B	0.03%
	EPAM	C	0.03%
	FFIV	A	0.03%
	EVRG	A	0.03%
	DOC	C	0.03%
	VTRS	B	0.03%
	LNT	A	0.03%
	DPZ	C	0.03%
	NI	A	0.03%
	GEN	A	0.03%
	KIM	A	0.03%
	HII	F	0.02%
	BWA	C	0.02%
	IVZ	B	0.02%
	MTCH	F	0.02%
	HAS	D	0.02%
	APA	F	0.02%
	CZR	D	0.02%
	HSIC	B	0.02%
	RL	B	0.02%
	FRT	A	0.02%
	WYNN	D	0.02%
	AOS	D	0.02%
	TFX	F	0.02%
	SOLV	C	0.02%
	GL	C	0.02%
	MKTX	D	0.02%
	CRL	C	0.02%
	PNW	B	0.02%
	CTLT	B	0.02%
	FOXA	C	0.02%
	IPG	C	0.02%
	TAP	C	0.02%
	NWSA	B	0.02%
	AIZ	B	0.02%
	GNRC	B	0.02%
	TECH	C	0.02%
	BXP	D	0.02%
	NCLH	B	0.02%
	EMN	D	0.02%
	UHS	D	0.02%
	REG	B	0.02%
	DAY	A	0.02%
	KMX	B	0.02%
	HST	C	0.02%
	ALLE	D	0.02%
	NWS	B	0.01%
	QRVO	F	0.01%
	BEN	C	0.01%
	PARA	C	0.01%
	DVA	B	0.01%
	MHK	D	0.01%

PBP Underweight 87 Positions Relative to RVRB

	Symbol	Grade	Weight
	SHOP	B	-0.24%
	APO	A	-0.17%
	TD	F	-0.17%
	APP	B	-0.16%
	SPOT	B	-0.15%
	MRVL	B	-0.14%
	SCCO	F	-0.14%
	COIN	B	-0.13%
	NU	D	-0.13%
	MELI	C	-0.12%
	EPD	B	-0.12%
	WDAY	C	-0.12%
	DASH	A	-0.12%
	TEAM	B	-0.11%
	ET	B	-0.1%
	TTD	B	-0.1%
	FLUT	A	-0.09%
	MPLX	B	-0.09%
	SQ	B	-0.09%
	VRT	B	-0.08%
	CPNG	D	-0.08%
	LNG	B	-0.08%
	WCN	A	-0.08%
	DDOG	A	-0.08%
	CCEP	B	-0.07%
	ALNY	D	-0.07%
	STLA	F	-0.07%
	SNOW	C	-0.07%
	VEEV	B	-0.06%
	NET	B	-0.06%
	RBLX	C	-0.06%
	ZM	B	-0.05%
	TW	B	-0.05%
	IOT	B	-0.05%
	GOLD	D	-0.05%
	ZS	C	-0.05%
	ARES	B	-0.05%
	HEI	B	-0.05%
	ILMN	C	-0.04%
	AER	A	-0.04%
	MDB	C	-0.04%
	BAH	F	-0.04%
	GFS	C	-0.04%
	STM	F	-0.04%
	PHG	D	-0.04%
	CQP	B	-0.04%
	HUBS	B	-0.04%
	DKS	C	-0.03%
	ICLR	F	-0.03%
	AVTR	F	-0.03%
	CSL	B	-0.03%
	CVNA	B	-0.03%
	CRBG	B	-0.03%
	WLK	D	-0.03%
	WSO	A	-0.03%
	PINS	F	-0.03%
	CHKP	D	-0.03%
	DKNG	C	-0.03%
	MT	C	-0.03%
	YUMC	B	-0.02%
	SNAP	C	-0.02%
	CHWY	C	-0.02%
	WSM	B	-0.02%
	BURL	B	-0.02%
	RS	B	-0.02%
	LPLA	B	-0.02%
	SUI	D	-0.02%
	HOOD	B	-0.02%
	CELH	F	-0.01%
	IEP	F	-0.01%
	ETSY	D	-0.01%
	U	C	-0.01%
	AAL	B	-0.01%
	SIRI	C	-0.01%
	RIVN	D	-0.01%
	EXAS	F	-0.01%
	RPRX	D	-0.01%
	OKTA	C	-0.01%
	WPC	D	-0.01%
	AGR	B	-0.01%
	CNH	A	-0.01%
	BSY	D	-0.01%
	BMRN	F	-0.01%
	DT	C	-0.01%
	WMG	C	-0.01%
	FTRE	C	-0.0%
	LCID	F	-0.0%

PBP: Top Represented Industries & Keywords

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

RVRB: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Semiconductors Utilities - Regulated Electric Business Services Diversified Industrials Specialty Retail Asset Management Capital Markets Drug Manufacturers - Major Oil & Gas E&P Packaged Foods Software - Infrastructure Specialty Chemicals Aerospace & Defense Banks - Regional - US Biotechnology Medical Devices Oil & Gas Midstream Health Care Plans

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