PBUS vs. IUSV ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to iShares Core U.S. Vaue ETF (IUSV)

PBUS

Invesco PureBeta MSCI USA ETF

PBUS Description

The investment seeks to track the investment results (before fees and expenses) of the MSCI USA Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is designed to measure the performance of the large- and mid-capitalization segments of the U.S. equity market.

Grade (RS Rating)

Last Trade

$59.71

Average Daily Volume

175,643

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

IUSV

iShares Core U.S. Vaue ETF

IUSV Description

The investment seeks to track the investment results of a broad-based index composed of U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 3000 Value Index (the "underlying index"), which measures the performance of the value sector of the broad U.S. equity market.

Grade (RS Rating)

Last Trade

$98.81

Average Daily Volume

514,214

Number of Holdings ^*

728

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	IUSV
30 Days	2.23%	2.09%
60 Days	5.09%	3.98%
90 Days	6.51%	5.42%
12 Months	32.94%	26.18%

447 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in IUSV	Overlap
	A	D	0.07%	0.17%	0.07%
	ABBV	F	0.57%	0.83%	0.57%
	ABNB	C	0.11%	0.13%	0.11%
	ABT	B	0.38%	0.87%	0.38%
	ACM	B	0.03%	0.03%	0.03%
	ACN	B	0.44%	0.46%	0.44%
	ADI	D	0.2%	0.19%	0.19%
	ADM	D	0.05%	0.11%	0.05%
	ADP	A	0.24%	0.33%	0.24%
	ADSK	A	0.13%	0.14%	0.13%
	AEE	A	0.05%	0.1%	0.05%
	AEP	C	0.1%	0.22%	0.1%
	AES	F	0.02%	0.04%	0.02%
	AFG	A	0.02%	0.05%	0.02%
	AFL	B	0.11%	0.24%	0.11%
	AIG	B	0.1%	0.21%	0.1%
	AIZ	A	0.02%	0.05%	0.02%
	AJG	A	0.12%	0.14%	0.12%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	B	0.02%	0.05%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.1%	0.23%	0.1%
	ALLE	C	0.02%	0.03%	0.02%
	ALLY	C	0.02%	0.04%	0.02%
	AMCR	C	0.03%	0.06%	0.03%
	AME	A	0.09%	0.1%	0.09%
	AMGN	F	0.3%	0.7%	0.3%
	AMH	C	0.02%	0.02%	0.02%
	AMP	A	0.11%	0.11%	0.11%
	AMT	C	0.17%	0.23%	0.17%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.14%	0.17%	0.14%
	AOS	F	0.02%	0.01%	0.01%
	APD	A	0.13%	0.31%	0.13%
	APH	A	0.17%	0.17%	0.17%
	APTV	F	0.03%	0.06%	0.03%
	ARE	F	0.03%	0.07%	0.03%
	ATO	A	0.04%	0.1%	0.04%
	AVB	B	0.06%	0.14%	0.06%
	AVTR	F	0.03%	0.04%	0.03%
	AVY	F	0.03%	0.07%	0.03%
	AWK	C	0.05%	0.11%	0.05%
	AXP	A	0.32%	0.21%	0.21%
	AZO	C	0.1%	0.07%	0.07%
	BA	F	0.19%	0.25%	0.19%
	BAC	A	0.62%	1.35%	0.62%
	BALL	F	0.04%	0.08%	0.04%
	BAX	F	0.03%	0.07%	0.03%
	BBY	D	0.04%	0.08%	0.04%
	BDX	F	0.13%	0.29%	0.13%
	BEN	C	0.01%	0.03%	0.01%
	BG	D	0.02%	0.05%	0.02%
	BIIB	F	0.05%	0.11%	0.05%
	BIO	C	0.01%	0.03%	0.01%
	BK	A	0.11%	0.25%	0.11%
	BKR	A	0.08%	0.19%	0.08%
	BLK	B	0.3%	0.64%	0.3%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	B	0.23%	0.52%	0.23%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	1.19%	3.74%	1.19%
	BRO	B	0.05%	0.03%	0.03%
	BSX	A	0.25%	0.25%	0.25%
	BURL	B	0.03%	0.03%	0.03%
	BX	A	0.25%	0.16%	0.16%
	BXP	C	0.02%	0.05%	0.02%
	C	A	0.25%	0.57%	0.25%
	CAG	F	0.03%	0.06%	0.03%
	CAH	B	0.06%	0.13%	0.06%
	CARR	C	0.12%	0.14%	0.12%
	CAT	B	0.36%	0.34%	0.34%
	CB	C	0.21%	0.47%	0.21%
	CBOE	C	0.04%	0.03%	0.03%
	CBRE	B	0.08%	0.17%	0.08%
	CCI	C	0.09%	0.2%	0.09%
	CCK	D	0.02%	0.02%	0.02%
	CCL	A	0.05%	0.03%	0.03%
	CDW	F	0.05%	0.06%	0.05%
	CEG	C	0.14%	0.17%	0.14%
	CF	A	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.09%	0.04%
	CG	B	0.02%	0.02%	0.02%
	CHD	A	0.05%	0.06%	0.05%
	CHRW	B	0.02%	0.06%	0.02%
	CHTR	C	0.07%	0.09%	0.07%
	CI	D	0.18%	0.4%	0.18%
	CINF	A	0.04%	0.1%	0.04%
	CL	D	0.14%	0.2%	0.14%
	CLX	A	0.04%	0.09%	0.04%
	CMCSA	B	0.33%	0.73%	0.33%
	CME	B	0.15%	0.22%	0.15%
	CMI	A	0.1%	0.22%	0.1%
	CMS	C	0.04%	0.09%	0.04%
	CNC	D	0.06%	0.13%	0.06%
	CNH	C	0.02%	0.04%	0.02%
	CNP	A	0.04%	0.09%	0.04%
	COF	C	0.13%	0.31%	0.13%
	COP	C	0.25%	0.18%	0.18%
	COR	B	0.08%	0.19%	0.08%
	COST	A	0.79%	1.04%	0.79%
	CPB	D	0.02%	0.04%	0.02%
	CPT	B	0.02%	0.06%	0.02%
	CRL	D	0.02%	0.04%	0.02%
	CSCO	B	0.45%	1.02%	0.45%
	CSGP	D	0.06%	0.08%	0.06%
	CSX	C	0.13%	0.15%	0.13%
	CTAS	B	0.15%	0.15%	0.15%
	CTLT	C	0.02%	0.05%	0.02%
	CTRA	B	0.04%	0.03%	0.03%
	CTSH	B	0.08%	0.17%	0.08%
	CTVA	C	0.08%	0.17%	0.08%
	CVS	D	0.13%	0.3%	0.13%
	CVX	A	0.54%	1.2%	0.54%
	D	C	0.09%	0.21%	0.09%
	DAL	B	0.02%	0.08%	0.02%
	DAY	B	0.02%	0.02%	0.02%
	DD	C	0.07%	0.15%	0.07%
	DE	B	0.2%	0.19%	0.19%
	DELL	B	0.07%	0.08%	0.07%
	DFS	B	0.08%	0.09%	0.08%
	DG	F	0.03%	0.07%	0.03%
	DGX	A	0.03%	0.08%	0.03%
	DHR	F	0.31%	0.67%	0.31%
	DINO	D	0.01%	0.03%	0.01%
	DIS	B	0.38%	0.87%	0.38%
	DKS	D	0.02%	0.02%	0.02%
	DLR	B	0.11%	0.14%	0.11%
	DLTR	F	0.03%	0.06%	0.03%
	DOC	C	0.03%	0.07%	0.03%
	DOCU	B	0.03%	0.07%	0.03%
	DOV	A	0.05%	0.12%	0.05%
	DOW	F	0.06%	0.14%	0.06%
	DPZ	C	0.03%	0.04%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.05%	0.11%	0.05%
	DUK	C	0.16%	0.37%	0.16%
	DVA	C	0.02%	0.01%	0.01%
	DVN	F	0.05%	0.11%	0.05%
	DXCM	C	0.06%	0.05%	0.05%
	EA	A	0.08%	0.1%	0.08%
	EBAY	D	0.06%	0.13%	0.06%
	ECL	D	0.12%	0.13%	0.12%
	ED	C	0.06%	0.14%	0.06%
	EFX	F	0.06%	0.09%	0.06%
	EG	C	0.03%	0.07%	0.03%
	EIX	B	0.06%	0.14%	0.06%
	EL	F	0.03%	0.07%	0.03%
	ELS	C	0.02%	0.02%	0.02%
	ELV	F	0.18%	0.41%	0.18%
	EMN	C	0.02%	0.05%	0.02%
	EMR	B	0.14%	0.32%	0.14%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	A	0.15%	0.11%	0.11%
	EPAM	B	0.03%	0.04%	0.03%
	EQH	C	0.03%	0.01%	0.01%
	EQIX	A	0.17%	0.2%	0.17%
	EQR	C	0.05%	0.11%	0.05%
	EQT	B	0.05%	0.11%	0.05%
	ERIE	D	0.02%	0.02%	0.02%
	ES	C	0.04%	0.1%	0.04%
	ESS	B	0.04%	0.08%	0.04%
	ETN	A	0.28%	0.24%	0.24%
	ETR	B	0.06%	0.14%	0.06%
	EVRG	A	0.03%	0.06%	0.03%
	EW	C	0.08%	0.11%	0.08%
	EXC	C	0.07%	0.17%	0.07%
	EXPD	C	0.03%	0.05%	0.03%
	EXR	C	0.07%	0.15%	0.07%
	F	C	0.08%	0.19%	0.08%
	FAST	B	0.09%	0.1%	0.09%
	FBIN	D	0.02%	0.02%	0.02%
	FCX	F	0.12%	0.14%	0.12%
	FDS	B	0.04%	0.04%	0.04%
	FDX	B	0.13%	0.29%	0.13%
	FE	C	0.04%	0.09%	0.04%
	FFIV	B	0.03%	0.06%	0.03%
	FI	A	0.24%	0.26%	0.24%
	FIS	C	0.09%	0.21%	0.09%
	FITB	B	0.06%	0.14%	0.06%
	FNF	B	0.03%	0.07%	0.03%
	FOX	A	0.01%	0.03%	0.01%
	FOXA	A	0.02%	0.05%	0.02%
	FSLR	F	0.04%	0.09%	0.04%
	GD	D	0.13%	0.33%	0.13%
	GE	D	0.37%	0.48%	0.37%
	GEHC	D	0.07%	0.17%	0.07%
	GEN	B	0.03%	0.07%	0.03%
	GEV	B	0.17%	0.22%	0.17%
	GILD	C	0.22%	0.5%	0.22%
	GIS	D	0.07%	0.16%	0.07%
	GLPI	C	0.03%	0.03%	0.03%
	GLW	B	0.07%	0.16%	0.07%
	GM	C	0.13%	0.28%	0.13%
	GPC	D	0.03%	0.08%	0.03%
	GPN	B	0.06%	0.13%	0.06%
	GRMN	B	0.06%	0.07%	0.06%
	GS	A	0.36%	0.81%	0.36%
	GWW	B	0.1%	0.06%	0.06%
	HAL	C	0.05%	0.12%	0.05%
	HBAN	A	0.05%	0.11%	0.05%
	HCA	F	0.13%	0.15%	0.13%
	HD	B	0.77%	1.11%	0.77%
	HIG	B	0.07%	0.15%	0.07%
	HII	F	0.01%	0.03%	0.01%
	HOLX	D	0.04%	0.08%	0.04%
	HON	C	0.29%	0.66%	0.29%
	HPE	B	0.05%	0.12%	0.05%
	HPQ	B	0.07%	0.16%	0.07%
	HRL	D	0.02%	0.04%	0.02%
	HSIC	C	0.02%	0.04%	0.02%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.07%	0.05%
	HUBB	B	0.05%	0.06%	0.05%
	HUM	C	0.07%	0.15%	0.07%
	HWM	A	0.08%	0.09%	0.08%
	IBM	C	0.37%	0.84%	0.37%
	ICE	C	0.17%	0.39%	0.17%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	C	0.03%	0.08%	0.03%
	IFF	D	0.04%	0.1%	0.04%
	ILMN	C	0.04%	0.1%	0.04%
	INCY	C	0.02%	0.05%	0.02%
	INTC	C	0.2%	0.47%	0.2%
	INVH	D	0.04%	0.08%	0.04%
	IP	A	0.04%	0.09%	0.04%
	IPG	D	0.02%	0.05%	0.02%
	IQV	F	0.07%	0.09%	0.07%
	IR	B	0.08%	0.04%	0.04%
	IRM	C	0.06%	0.07%	0.06%
	ISRG	A	0.37%	0.28%	0.28%
	ITW	B	0.16%	0.17%	0.16%
	J	D	0.03%	0.08%	0.03%
	JBHT	C	0.03%	0.06%	0.03%
	JBL	C	0.03%	0.03%	0.03%
	JCI	B	0.11%	0.25%	0.11%
	JKHY	D	0.02%	0.06%	0.02%
	JNJ	C	0.7%	1.6%	0.7%
	JNPR	D	0.02%	0.06%	0.02%
	JPM	A	1.33%	3.01%	1.33%
	K	A	0.04%	0.09%	0.04%
	KDP	F	0.07%	0.16%	0.07%
	KEY	B	0.03%	0.08%	0.03%
	KEYS	A	0.05%	0.12%	0.05%
	KHC	F	0.06%	0.12%	0.06%
	KIM	A	0.03%	0.07%	0.03%
	KMB	C	0.09%	0.19%	0.09%
	KMI	A	0.1%	0.23%	0.1%
	KMX	B	0.02%	0.05%	0.02%
	KNX	C	0.02%	0.04%	0.02%
	KO	D	0.49%	0.65%	0.49%
	KR	B	0.08%	0.17%	0.08%
	KVUE	A	0.09%	0.2%	0.09%
	L	A	0.03%	0.07%	0.03%
	LDOS	C	0.04%	0.1%	0.04%
	LEN	D	0.08%	0.08%	0.08%
	LH	B	0.04%	0.09%	0.04%
	LHX	C	0.09%	0.21%	0.09%
	LIN	C	0.42%	0.46%	0.42%
	LKQ	F	0.02%	0.04%	0.02%
	LMT	D	0.22%	0.5%	0.22%
	LNT	A	0.03%	0.07%	0.03%
	LOW	C	0.3%	0.67%	0.3%
	LUV	C	0.01%	0.08%	0.01%
	LVS	B	0.03%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.04%	0.09%	0.04%
	MA	B	0.83%	0.53%	0.53%
	MAA	B	0.03%	0.08%	0.03%
	MAS	D	0.03%	0.03%	0.03%
	MCD	D	0.41%	0.52%	0.41%
	MCHP	F	0.07%	0.06%	0.06%
	MCK	A	0.15%	0.35%	0.15%
	MCO	B	0.15%	0.17%	0.15%
	MDLZ	F	0.17%	0.22%	0.17%
	MDT	D	0.21%	0.48%	0.21%
	MET	A	0.1%	0.21%	0.1%
	MGM	D	0.02%	0.01%	0.01%
	MKC	C	0.04%	0.08%	0.04%
	MKTX	D	0.02%	0.04%	0.02%
	MLM	C	0.07%	0.05%	0.05%
	MMC	B	0.21%	0.23%	0.21%
	MMM	D	0.14%	0.32%	0.14%
	MNST	C	0.08%	0.07%	0.07%
	MO	A	0.18%	0.41%	0.18%
	MOH	F	0.03%	0.03%	0.03%
	MOS	F	0.02%	0.04%	0.02%
	MPC	D	0.11%	0.1%	0.1%
	MRK	D	0.48%	0.65%	0.48%
	MRNA	F	0.03%	0.06%	0.03%
	MRO	B	0.03%	0.03%	0.03%
	MS	A	0.31%	0.72%	0.31%
	MSCI	C	0.09%	0.09%	0.09%
	MSI	B	0.16%	0.15%	0.15%
	MTB	A	0.07%	0.16%	0.07%
	MTCH	D	0.02%	0.04%	0.02%
	MTD	F	0.05%	0.07%	0.05%
	MU	D	0.21%	0.48%	0.21%
	NDAQ	A	0.06%	0.14%	0.06%
	NDSN	B	0.03%	0.06%	0.03%
	NEE	C	0.3%	0.68%	0.3%
	NEM	D	0.09%	0.2%	0.09%
	NI	A	0.03%	0.07%	0.03%
	NKE	F	0.18%	0.23%	0.18%
	NOC	D	0.13%	0.3%	0.13%
	NRG	B	0.04%	0.08%	0.04%
	NSC	B	0.11%	0.26%	0.11%
	NTAP	C	0.05%	0.07%	0.05%
	NTRS	A	0.04%	0.09%	0.04%
	NUE	C	0.07%	0.06%	0.06%
	NWSA	A	0.02%	0.05%	0.02%
	NXPI	D	0.11%	0.06%	0.06%
	O	C	0.09%	0.21%	0.09%
	OKE	A	0.12%	0.1%	0.1%
	OMC	C	0.04%	0.09%	0.04%
	ON	D	0.06%	0.07%	0.06%
	ORLY	B	0.14%	0.08%	0.08%
	OTIS	C	0.08%	0.11%	0.08%
	OXY	D	0.06%	0.15%	0.06%
	PARA	C	0.01%	0.03%	0.01%
	PAYC	B	0.02%	0.03%	0.02%
	PAYX	B	0.09%	0.12%	0.09%
	PCAR	B	0.12%	0.07%	0.07%
	PCG	A	0.08%	0.2%	0.08%
	PEG	A	0.08%	0.19%	0.08%
	PEP	F	0.44%	0.63%	0.44%
	PFE	F	0.28%	0.64%	0.28%
	PFG	D	0.04%	0.08%	0.04%
	PG	C	0.76%	1.05%	0.76%
	PGR	A	0.29%	0.33%	0.29%
	PH	A	0.17%	0.09%	0.09%
	PKG	A	0.04%	0.09%	0.04%
	PLD	F	0.2%	0.46%	0.2%
	PM	B	0.38%	0.55%	0.38%
	PNC	B	0.16%	0.36%	0.16%
	PNR	A	0.03%	0.02%	0.02%
	PODD	C	0.03%	0.05%	0.03%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.06%	0.13%	0.06%
	PPL	A	0.05%	0.11%	0.05%
	PRU	A	0.09%	0.2%	0.09%
	PSA	C	0.1%	0.13%	0.1%
	PSX	C	0.11%	0.24%	0.11%
	PTC	B	0.04%	0.04%	0.04%
	PWR	A	0.09%	0.06%	0.06%
	PYPL	B	0.16%	0.38%	0.16%
	QCOM	F	0.35%	0.38%	0.35%
	QRVO	F	0.01%	0.03%	0.01%
	REG	A	0.02%	0.05%	0.02%
	REGN	F	0.16%	0.15%	0.15%
	RF	A	0.05%	0.11%	0.05%
	RJF	A	0.06%	0.13%	0.06%
	RMD	C	0.06%	0.15%	0.06%
	ROK	C	0.06%	0.07%	0.06%
	ROL	B	0.03%	0.03%	0.03%
	ROP	B	0.12%	0.15%	0.12%
	RPM	A	0.03%	0.03%	0.03%
	RSG	A	0.09%	0.08%	0.08%
	RTX	D	0.3%	0.69%	0.3%
	RVTY	F	0.03%	0.06%	0.03%
	SBAC	D	0.04%	0.06%	0.04%
	SBUX	A	0.22%	0.2%	0.2%
	SCHW	B	0.23%	0.52%	0.23%
	SEIC	B	0.02%	0.02%	0.02%
	SHW	B	0.18%	0.2%	0.18%
	SJM	D	0.02%	0.05%	0.02%
	SLB	C	0.12%	0.27%	0.12%
	SNA	A	0.04%	0.05%	0.04%
	SO	C	0.18%	0.41%	0.18%
	SOLV	D	0.02%	0.04%	0.02%
	SPG	A	0.11%	0.15%	0.11%
	SPGI	C	0.31%	0.4%	0.31%
	SRE	A	0.11%	0.25%	0.11%
	STE	D	0.04%	0.04%	0.04%
	STLD	B	0.04%	0.03%	0.03%
	STT	B	0.05%	0.12%	0.05%
	STX	C	0.04%	0.05%	0.04%
	STZ	D	0.08%	0.17%	0.08%
	SW	A	0.05%	0.11%	0.05%
	SWK	D	0.02%	0.06%	0.02%
	SWKS	F	0.03%	0.06%	0.03%
	SYF	B	0.05%	0.11%	0.05%
	SYK	B	0.25%	0.21%	0.21%
	SYY	D	0.07%	0.16%	0.07%
	T	A	0.31%	0.7%	0.31%
	TAP	C	0.02%	0.05%	0.02%
	TDY	B	0.04%	0.1%	0.04%
	TECH	F	0.02%	0.05%	0.02%
	TER	F	0.03%	0.08%	0.03%
	TFC	A	0.12%	0.27%	0.12%
	TFX	F	0.02%	0.04%	0.02%
	TGT	F	0.14%	0.31%	0.14%
	TJX	A	0.26%	0.21%	0.21%
	TMO	F	0.39%	0.55%	0.39%
	TMUS	B	0.24%	0.51%	0.24%
	TPL	A	0.05%	0.04%	0.04%
	TRMB	B	0.03%	0.08%	0.03%
	TROW	B	0.05%	0.12%	0.05%
	TRV	B	0.11%	0.26%	0.11%
	TSCO	D	0.06%	0.08%	0.06%
	TSN	B	0.04%	0.08%	0.04%
	TT	A	0.18%	0.13%	0.13%
	TTC	C	0.02%	0.02%	0.02%
	TTWO	A	0.06%	0.06%	0.06%
	TXN	C	0.36%	0.52%	0.36%
	TXT	D	0.03%	0.07%	0.03%
	UDR	B	0.03%	0.06%	0.03%
	UHS	D	0.02%	0.05%	0.02%
	ULTA	F	0.03%	0.03%	0.03%
	UNH	B	1.05%	1.48%	1.05%
	UNP	C	0.28%	0.34%	0.28%
	UPS	C	0.19%	0.42%	0.19%
	USB	A	0.15%	0.34%	0.15%
	UTHR	C	0.03%	0.04%	0.03%
	V	A	0.93%	0.77%	0.77%
	VICI	C	0.06%	0.14%	0.06%
	VLO	C	0.09%	0.2%	0.09%
	VLTO	C	0.05%	0.11%	0.05%
	VMC	B	0.07%	0.06%	0.06%
	VRSK	A	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.04%	0.03%
	VRTX	D	0.24%	0.2%	0.2%
	VTR	B	0.05%	0.11%	0.05%
	VTRS	A	0.03%	0.07%	0.03%
	VZ	C	0.33%	0.75%	0.33%
	WAB	B	0.07%	0.15%	0.07%
	WAT	C	0.04%	0.06%	0.04%
	WBA	F	0.01%	0.03%	0.01%
	WBD	B	0.04%	0.1%	0.04%
	WDC	D	0.04%	0.09%	0.04%
	WEC	A	0.06%	0.13%	0.06%
	WELL	A	0.15%	0.34%	0.15%
	WFC	A	0.49%	1.08%	0.49%
	WM	B	0.17%	0.19%	0.17%
	WMB	A	0.13%	0.18%	0.13%
	WMT	A	0.72%	1.6%	0.72%
	WPC	C	0.02%	0.05%	0.02%
	WRB	A	0.04%	0.08%	0.04%
	WTRG	B	0.02%	0.02%	0.02%
	WTW	B	0.06%	0.14%	0.06%
	WY	F	0.04%	0.1%	0.04%
	XEL	A	0.07%	0.17%	0.07%
	XOM	B	1.04%	2.34%	1.04%
	XYL	D	0.06%	0.13%	0.06%
	YUM	D	0.07%	0.09%	0.07%
	ZBH	C	0.04%	0.1%	0.04%
	ZBRA	B	0.04%	0.09%	0.04%
	ZTS	D	0.15%	0.16%	0.15%

PBUS Overweight 137 Positions Relative to IUSV

	Symbol	Grade	Weight
	NVDA	B	6.93%
	AAPL	C	6.38%
	MSFT	D	5.79%
	AMZN	C	3.8%
	META	D	2.43%
	GOOGL	C	1.98%
	GOOG	C	1.72%
	TSLA	B	1.71%
	AVGO	D	1.45%
	LLY	F	1.22%
	NFLX	A	0.69%
	CRM	B	0.62%
	ORCL	A	0.59%
	ADBE	C	0.45%
	AMD	F	0.43%
	NOW	A	0.41%
	INTU	B	0.38%
	BKNG	A	0.32%
	AMAT	F	0.3%
	UBER	F	0.26%
	PANW	B	0.24%
	PLTR	B	0.23%
	ANET	C	0.2%
	LRCX	F	0.19%
	KKR	A	0.18%
	KLAC	F	0.17%
	CMG	B	0.16%
	CDNS	B	0.16%
	SNPS	B	0.16%
	MELI	C	0.16%
	MRVL	B	0.15%
	CRWD	B	0.15%
	TDG	D	0.14%
	APO	B	0.13%
	MAR	A	0.13%
	FTNT	C	0.12%
	HLT	A	0.12%
	TTD	B	0.11%
	RCL	A	0.11%
	URI	C	0.11%
	WDAY	B	0.11%
	APP	B	0.11%
	FICO	B	0.11%
	CPRT	B	0.1%
	MSTR	B	0.1%
	COIN	C	0.1%
	DASH	B	0.1%
	SQ	A	0.09%
	WCN	A	0.09%
	FLUT	A	0.09%
	ROST	D	0.09%
	VST	A	0.09%
	DHI	F	0.09%
	LNG	A	0.09%
	HES	B	0.08%
	TEAM	A	0.08%
	TRGP	A	0.08%
	IT	C	0.08%
	VRT	B	0.08%
	AXON	A	0.08%
	ODFL	C	0.08%
	FANG	C	0.07%
	VEEV	C	0.07%
	DDOG	A	0.07%
	LULU	C	0.07%
	ACGL	C	0.07%
	SNOW	B	0.07%
	ARES	A	0.06%
	ALNY	D	0.06%
	HUBS	A	0.06%
	WST	C	0.05%
	RBLX	C	0.05%
	CPAY	A	0.05%
	TYL	B	0.05%
	GDDY	A	0.05%
	FTV	C	0.05%
	DECK	A	0.05%
	PHM	D	0.05%
	MPWR	F	0.05%
	NET	B	0.05%
	NVR	D	0.05%
	WSO	A	0.04%
	ZS	B	0.04%
	TRU	D	0.04%
	LII	A	0.04%
	BAH	F	0.04%
	ZM	C	0.04%
	CSL	C	0.04%
	LYV	A	0.04%
	FCNCA	A	0.04%
	MDB	B	0.04%
	MKL	A	0.04%
	BLDR	D	0.04%
	EME	A	0.04%
	LPLA	A	0.04%
	EXPE	B	0.04%
	TOST	B	0.03%
	TW	A	0.03%
	ENTG	D	0.03%
	GGG	B	0.03%
	DT	D	0.03%
	PSTG	D	0.03%
	SUI	C	0.03%
	HEI	A	0.03%
	TWLO	A	0.03%
	SSNC	B	0.03%
	OC	A	0.03%
	HOOD	B	0.03%
	WSM	C	0.03%
	MANH	D	0.03%
	PINS	F	0.03%
	DKNG	B	0.03%
	RS	B	0.03%
	CE	F	0.02%
	CHRD	D	0.02%
	CRBG	B	0.02%
	APA	D	0.02%
	EXAS	D	0.02%
	ROKU	D	0.02%
	WYNN	C	0.02%
	SMCI	F	0.02%
	RPRX	D	0.02%
	IOT	A	0.02%
	SNAP	D	0.02%
	Z	A	0.02%
	HEI	A	0.02%
	OVV	B	0.02%
	NBIX	C	0.02%
	OKTA	C	0.02%
	CELH	F	0.01%
	WLK	D	0.01%
	UHAL	D	0.01%
	BBWI	C	0.01%
	H	B	0.01%
	ACI	C	0.01%
	RIVN	F	0.01%
	BSY	F	0.01%

PBUS Underweight 281 Positions Relative to IUSV

	Symbol	Grade	Weight
	UAL	A	-0.13%
	TEL	B	-0.12%
	EXE	A	-0.09%
	RGA	A	-0.07%
	COHR	B	-0.07%
	THC	D	-0.07%
	USFD	A	-0.07%
	TPR	B	-0.06%
	PFGC	B	-0.06%
	GME	C	-0.05%
	AA	A	-0.05%
	FHN	A	-0.05%
	BJ	A	-0.05%
	RRX	B	-0.05%
	COO	D	-0.05%
	SF	B	-0.05%
	JEF	A	-0.05%
	JLL	D	-0.05%
	SNV	C	-0.04%
	HAS	D	-0.04%
	X	B	-0.04%
	SSB	B	-0.04%
	SFM	A	-0.04%
	OGE	A	-0.04%
	MTZ	B	-0.04%
	FRT	B	-0.04%
	GPK	C	-0.04%
	ZION	B	-0.04%
	WTFC	A	-0.04%
	FLR	B	-0.04%
	SNX	D	-0.04%
	AR	B	-0.04%
	ORI	A	-0.04%
	XPO	B	-0.04%
	GMED	A	-0.04%
	WCC	B	-0.04%
	AAL	B	-0.04%
	NLY	C	-0.04%
	GL	C	-0.04%
	LAD	A	-0.04%
	WBS	A	-0.04%
	UNM	A	-0.04%
	PNW	A	-0.04%
	ARMK	B	-0.04%
	THO	B	-0.03%
	JHG	B	-0.03%
	KRG	B	-0.03%
	FNB	A	-0.03%
	THG	A	-0.03%
	PVH	C	-0.03%
	LITE	B	-0.03%
	RNR	C	-0.03%
	CIEN	C	-0.03%
	SCI	B	-0.03%
	ESNT	F	-0.03%
	OHI	C	-0.03%
	ARW	D	-0.03%
	INGR	C	-0.03%
	STWD	C	-0.03%
	WHR	B	-0.03%
	HR	B	-0.03%
	GBCI	B	-0.03%
	DAR	C	-0.03%
	NOV	C	-0.03%
	COLB	B	-0.03%
	KD	B	-0.03%
	EWBC	A	-0.03%
	FAF	A	-0.03%
	CACI	D	-0.03%
	FMC	D	-0.03%
	CMC	B	-0.03%
	VNO	C	-0.03%
	VMI	B	-0.03%
	ONB	C	-0.03%
	OSK	C	-0.03%
	TMHC	C	-0.03%
	R	B	-0.03%
	MHK	D	-0.03%
	G	B	-0.03%
	BERY	C	-0.03%
	ADC	A	-0.03%
	FYBR	C	-0.03%
	BWA	D	-0.03%
	IBKR	A	-0.03%
	IVZ	B	-0.03%
	PB	B	-0.03%
	CYTK	F	-0.02%
	CNM	D	-0.02%
	CZR	F	-0.02%
	PII	F	-0.02%
	GATX	A	-0.02%
	DTM	A	-0.02%
	FR	D	-0.02%
	XRAY	F	-0.02%
	NWS	A	-0.02%
	PRGO	C	-0.02%
	MIDD	C	-0.02%
	ALE	A	-0.02%
	MAT	D	-0.02%
	ASH	F	-0.02%
	RL	C	-0.02%
	IDA	A	-0.02%
	CGNX	D	-0.02%
	HOG	D	-0.02%
	MKSI	C	-0.02%
	SR	A	-0.02%
	DCI	B	-0.02%
	MTG	C	-0.02%
	HQY	A	-0.02%
	ASB	B	-0.02%
	ASGN	F	-0.02%
	KRC	B	-0.02%
	TXNM	A	-0.02%
	CNO	B	-0.02%
	TCBI	C	-0.02%
	FLS	B	-0.02%
	ORA	B	-0.02%
	SAIC	F	-0.02%
	OGS	A	-0.02%
	SLGN	A	-0.02%
	KBR	F	-0.02%
	KMPR	A	-0.02%
	AN	C	-0.02%
	FLO	D	-0.02%
	RGLD	C	-0.02%
	SBRA	C	-0.02%
	KEX	B	-0.02%
	M	F	-0.02%
	GNRC	C	-0.02%
	BKH	A	-0.02%
	BRBR	A	-0.02%
	TKO	A	-0.02%
	JAZZ	B	-0.02%
	SWX	B	-0.02%
	AVNT	B	-0.02%
	CUZ	B	-0.02%
	IRT	A	-0.02%
	LAMR	C	-0.02%
	ATR	B	-0.02%
	AVT	C	-0.02%
	VLY	B	-0.02%
	CUBE	C	-0.02%
	POR	C	-0.02%
	NJR	A	-0.02%
	BRX	A	-0.02%
	CW	C	-0.02%
	NNN	C	-0.02%
	SON	F	-0.02%
	ST	F	-0.02%
	WAL	B	-0.02%
	AYI	B	-0.02%
	GAP	C	-0.02%
	BDC	C	-0.02%
	CBSH	B	-0.02%
	VOYA	B	-0.02%
	UGI	C	-0.02%
	NXST	C	-0.02%
	POST	C	-0.02%
	CFR	B	-0.02%
	UMBF	B	-0.02%
	UBSI	B	-0.02%
	NFG	A	-0.02%
	CLF	F	-0.02%
	LEA	F	-0.02%
	EHC	B	-0.02%
	PNFP	B	-0.02%
	AMG	B	-0.02%
	REXR	F	-0.02%
	HOMB	A	-0.02%
	AGCO	D	-0.02%
	UA	C	-0.01%
	HGV	C	-0.01%
	TNL	A	-0.01%
	IPGP	D	-0.01%
	YETI	D	-0.01%
	CPRI	F	-0.01%
	EPR	C	-0.01%
	MMS	F	-0.01%
	PSN	D	-0.01%
	NSP	F	-0.01%
	BLKB	B	-0.01%
	VC	F	-0.01%
	WEN	D	-0.01%
	NSA	C	-0.01%
	COLM	C	-0.01%
	KNF	B	-0.01%
	TEX	F	-0.01%
	SAM	C	-0.01%
	GEF	A	-0.01%
	AMED	F	-0.01%
	SYNA	C	-0.01%
	POWI	F	-0.01%
	OPCH	D	-0.01%
	LIVN	F	-0.01%
	CHH	A	-0.01%
	MSM	C	-0.01%
	HAE	C	-0.01%
	VSH	F	-0.01%
	IRDM	D	-0.01%
	UAA	C	-0.01%
	DLB	B	-0.01%
	CNXC	F	-0.01%
	VNOM	A	-0.01%
	CADE	B	-0.01%
	LFUS	D	-0.01%
	LANC	C	-0.01%
	ROIV	C	-0.01%
	CRI	F	-0.01%
	CHX	C	-0.01%
	CBT	D	-0.01%
	PPC	C	-0.01%
	ALGM	D	-0.01%
	SRPT	F	-0.01%
	EEFT	B	-0.01%
	CDP	C	-0.01%
	ALTM	B	-0.01%
	SMG	C	-0.01%
	LSTR	D	-0.01%
	ZI	D	-0.01%
	AM	A	-0.01%
	BC	C	-0.01%
	JWN	D	-0.01%
	IBOC	B	-0.01%
	ENS	F	-0.01%
	RCM	A	-0.01%
	MTN	C	-0.01%
	CRUS	D	-0.01%
	EXPO	D	-0.01%
	BRKR	D	-0.01%
	HWC	B	-0.01%
	RYN	D	-0.01%
	NOVT	D	-0.01%
	LPX	B	-0.01%
	GNTX	C	-0.01%
	HXL	F	-0.01%
	ENOV	C	-0.01%
	RLI	A	-0.01%
	OZK	B	-0.01%
	GXO	B	-0.01%
	CHWY	B	-0.01%
	GT	C	-0.01%
	WU	F	-0.01%
	WH	B	-0.01%
	MASI	B	-0.01%
	MUR	D	-0.01%
	SIGI	C	-0.01%
	RH	C	-0.01%
	MTSI	B	-0.01%
	CXT	C	-0.01%
	KBH	D	-0.01%
	CC	C	-0.01%
	NEOG	F	-0.01%
	ALV	C	-0.01%
	TKR	D	-0.01%
	AMKR	D	-0.01%
	OLN	F	-0.01%
	PCH	F	-0.01%
	VAC	C	-0.01%
	MAN	F	-0.01%
	PBF	D	-0.01%
	CVLT	B	-0.01%
	SLM	A	-0.01%
	PAG	B	-0.01%
	FFIN	B	-0.01%
	EVR	B	-0.01%
	GHC	B	-0.01%
	EXLS	B	-0.01%
	AZPN	A	-0.01%
	EGP	D	-0.01%
	DOCS	C	-0.01%
	FLG	D	-0.01%
	STAG	D	-0.01%
	BHF	C	-0.01%
	AMTM	D	-0.01%
	CHE	D	-0.01%
	NWE	B	-0.01%
	NVST	B	-0.01%
	FHI	B	-0.01%
	MAGN	D	-0.0%
	AZTA	D	-0.0%
	WMG	D	-0.0%

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Semiconductors Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology REIT - Residential Specialty Chemicals Drug Manufacturers - Major Insurance - Property & Casualty Packaged Foods Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Cloud Computing Banking Insurance Products Mining IBD 50

IUSV: Top Represented Industries & Keywords

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

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