PBUS vs. IWB ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to iShares Russell 1000 ETF (IWB)

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

$53.01

Average Daily Volume

65,389

Number of Holdings ^*

597

* may have additional holdings in another (foreign) market

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities. 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 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$290.91

Average Daily Volume

687,643

Number of Holdings ^*

1002

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	IWB
30 Days	5.77%	5.75%
60 Days	3.19%	3.15%
90 Days	6.22%	6.08%
12 Months	28.74%	28.23%

589 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in IWB	Overlap
	A	B	0.09%	0.09%	0.09%
	AAPL	C	5.99%	5.63%	5.63%
	ABBV	D	0.62%	0.59%	0.59%
	ABNB	D	0.14%	0.13%	0.13%
	ABT	F	0.4%	0.38%	0.38%
	ACGL	A	0.08%	0.07%	0.07%
	ACI	D	0.02%	0.02%	0.02%
	ACM	D	0.03%	0.03%	0.03%
	ACN	F	0.42%	0.41%	0.41%
	ADBE	F	0.48%	0.46%	0.46%
	ADI	B	0.23%	0.21%	0.21%
	ADM	D	0.07%	0.07%	0.07%
	ADP	B	0.22%	0.21%	0.21%
	ADSK	F	0.1%	0.1%	0.1%
	AEE	C	0.04%	0.04%	0.04%
	AEP	A	0.11%	0.1%	0.1%
	AES	B	0.03%	0.03%	0.03%
	AFG	B	0.02%	0.02%	0.02%
	AFL	A	0.1%	0.1%	0.1%
	AIG	A	0.12%	0.12%	0.12%
	AIZ	D	0.02%	0.02%	0.02%
	AJG	A	0.12%	0.11%	0.11%
	AKAM	F	0.03%	0.03%	0.03%
	ALB	D	0.03%	0.03%	0.03%
	ALGN	F	0.04%	0.04%	0.04%
	ALL	C	0.1%	0.09%	0.09%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	B	0.02%	0.02%	0.02%
	ALNY	D	0.04%	0.04%	0.04%
	AMAT	B	0.38%	0.36%	0.36%
	AMCR	C	0.03%	0.03%	0.03%
	AMD	D	0.53%	0.51%	0.51%
	AME	D	0.09%	0.08%	0.08%
	AMGN	B	0.36%	0.35%	0.35%
	AMH	B	0.03%	0.03%	0.03%
	AMP	B	0.1%	0.09%	0.09%
	AMT	C	0.19%	0.18%	0.18%
	AMZN	C	3.8%	3.57%	3.57%
	ANET	B	0.18%	0.16%	0.16%
	ANSS	D	0.06%	0.06%	0.06%
	AON	F	0.13%	0.12%	0.12%
	AOS	D	0.02%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APD	C	0.12%	0.12%	0.12%
	APH	B	0.17%	0.16%	0.16%
	APO	B	0.1%	0.12%	0.1%
	APP	C	0.03%	0.04%	0.03%
	APTV	D	0.05%	0.05%	0.05%
	ARE	C	0.04%	0.04%	0.04%
	ARES	B	0.05%	0.05%	0.05%
	ATO	B	0.04%	0.04%	0.04%
	AVB	B	0.06%	0.06%	0.06%
	AVGO	B	1.3%	1.18%	1.18%
	AVTR	D	0.04%	0.04%	0.04%
	AVY	B	0.04%	0.04%	0.04%
	AWK	C	0.06%	0.05%	0.05%
	AXON	D	0.05%	0.05%	0.05%
	AXP	A	0.3%	0.29%	0.29%
	AZO	D	0.11%	0.11%	0.11%
	BA	D	0.22%	0.21%	0.21%
	BAC	B	0.6%	0.55%	0.55%
	BAH	B	0.04%	0.04%	0.04%
	BALL	B	0.05%	0.04%	0.04%
	BAX	F	0.04%	0.04%	0.04%
	BBWI	B	0.02%	0.02%	0.02%
	BBY	D	0.03%	0.03%	0.03%
	BDX	F	0.15%	0.14%	0.14%
	BEN	F	0.02%	0.02%	0.02%
	BG	C	0.03%	0.03%	0.03%
	BIIB	D	0.07%	0.07%	0.07%
	BILL	F	0.01%	0.01%	0.01%
	BIO	F	0.01%	0.01%	0.01%
	BK	A	0.1%	0.09%	0.09%
	BKNG	C	0.29%	0.28%	0.28%
	BKR	D	0.07%	0.07%	0.07%
	BLDR	D	0.05%	0.04%	0.04%
	BLK	B	0.26%	0.25%	0.25%
	BMRN	F	0.03%	0.03%	0.03%
	BMY	F	0.2%	0.19%	0.19%
	BR	C	0.05%	0.05%	0.05%
	BRK.A	B	1.18%	1.57%	1.18%
	BRO	A	0.05%	0.04%	0.04%
	BSX	A	0.23%	0.23%	0.23%
	BSY	A	0.03%	0.02%	0.02%
	BURL	D	0.03%	0.03%	0.03%
	BWA	C	0.02%	0.02%	0.02%
	BX	C	0.19%	0.18%	0.18%
	BXP	C	0.02%	0.02%	0.02%
	C	B	0.26%	0.25%	0.25%
	CAG	C	0.03%	0.03%	0.03%
	CAH	F	0.05%	0.05%	0.05%
	CARR	B	0.11%	0.11%	0.11%
	CAT	C	0.4%	0.38%	0.38%
	CB	A	0.23%	0.22%	0.22%
	CBRE	C	0.06%	0.06%	0.06%
	CCI	D	0.09%	0.09%	0.09%
	CCK	C	0.02%	0.02%	0.02%
	CCL	F	0.03%	0.03%	0.03%
	CDNS	D	0.17%	0.16%	0.16%
	CDW	D	0.06%	0.06%	0.06%
	CE	D	0.04%	0.03%	0.03%
	CEG	C	0.15%	0.15%	0.15%
	CELH	C	0.03%	0.02%	0.02%
	CF	F	0.03%	0.03%	0.03%
	CFG	A	0.04%	0.04%	0.04%
	CFLT	C	0.01%	0.01%	0.01%
	CG	D	0.02%	0.02%	0.02%
	CHD	B	0.06%	0.05%	0.05%
	CHK	B	0.02%	0.02%	0.02%
	CHRW	C	0.02%	0.02%	0.02%
	CHTR	F	0.06%	0.06%	0.06%
	CI	D	0.22%	0.21%	0.21%
	CINF	C	0.04%	0.04%	0.04%
	CL	B	0.16%	0.16%	0.16%
	CLF	F	0.02%	0.02%	0.02%
	CLX	F	0.04%	0.04%	0.04%
	CMCSA	F	0.35%	0.32%	0.32%
	CME	C	0.16%	0.16%	0.16%
	CMG	B	0.19%	0.19%	0.19%
	CMI	D	0.09%	0.08%	0.08%
	CMS	A	0.04%	0.04%	0.04%
	CNC	B	0.09%	0.09%	0.09%
	CNP	B	0.04%	0.04%	0.04%
	COF	C	0.12%	0.11%	0.11%
	COIN	D	0.08%	0.08%	0.08%
	COP	D	0.32%	0.31%	0.31%
	COST	B	0.75%	0.72%	0.72%
	CPAY	D	0.05%	0.04%	0.04%
	CPB	C	0.02%	0.02%	0.02%
	CPRT	D	0.1%	0.1%	0.1%
	CPT	B	0.02%	0.02%	0.02%
	CRL	D	0.03%	0.02%	0.02%
	CRM	D	0.59%	0.54%	0.54%
	CRWD	C	0.16%	0.14%	0.14%
	CSCO	F	0.43%	0.41%	0.41%
	CSGP	D	0.08%	0.08%	0.08%
	CSL	B	0.04%	0.04%	0.04%
	CSX	D	0.15%	0.14%	0.14%
	CTAS	B	0.14%	0.13%	0.13%
	CTLT	D	0.02%	0.02%	0.02%
	CTRA	B	0.05%	0.04%	0.04%
	CTSH	F	0.07%	0.07%	0.07%
	CTVA	C	0.09%	0.09%	0.09%
	CVS	F	0.16%	0.15%	0.15%
	CVX	B	0.64%	0.6%	0.6%
	CZR	F	0.02%	0.02%	0.02%
	D	A	0.1%	0.09%	0.09%
	DAL	B	0.02%	0.07%	0.02%
	DAR	D	0.02%	0.02%	0.02%
	DASH	D	0.07%	0.08%	0.07%
	DAY	D	0.02%	0.02%	0.02%
	DBX	D	0.01%	0.01%	0.01%
	DD	A	0.07%	0.07%	0.07%
	DDOG	D	0.07%	0.07%	0.07%
	DE	D	0.24%	0.22%	0.22%
	DECK	C	0.05%	0.05%	0.05%
	DFS	C	0.07%	0.06%	0.06%
	DG	D	0.07%	0.06%	0.06%
	DGX	A	0.03%	0.03%	0.03%
	DHI	D	0.1%	0.09%	0.09%
	DHR	A	0.39%	0.35%	0.35%
	DINO	D	0.02%	0.02%	0.02%
	DIS	D	0.43%	0.41%	0.41%
	DKNG	C	0.04%	0.04%	0.04%
	DKS	D	0.02%	0.02%	0.02%
	DLR	C	0.09%	0.09%	0.09%
	DLTR	F	0.05%	0.05%	0.05%
	DOC	B	0.03%	0.03%	0.03%
	DOCU	C	0.03%	0.02%	0.02%
	DOV	B	0.06%	0.05%	0.05%
	DOW	B	0.09%	0.09%	0.09%
	DPZ	C	0.04%	0.04%	0.04%
	DRI	F	0.04%	0.04%	0.04%
	DT	D	0.03%	0.03%	0.03%
	DTE	A	0.05%	0.05%	0.05%
	DUK	A	0.17%	0.17%	0.17%
	DVA	B	0.02%	0.02%	0.02%
	DVN	D	0.07%	0.07%	0.07%
	DXCM	D	0.11%	0.1%	0.1%
	EA	F	0.07%	0.07%	0.07%
	EBAY	C	0.06%	0.05%	0.05%
	ECL	A	0.13%	0.12%	0.12%
	ED	B	0.07%	0.07%	0.07%
	EFX	D	0.07%	0.06%	0.06%
	EG	C	0.04%	0.03%	0.03%
	EIX	A	0.06%	0.06%	0.06%
	EL	F	0.07%	0.06%	0.06%
	ELS	D	0.02%	0.02%	0.02%
	ELV	A	0.28%	0.27%	0.27%
	EMN	C	0.03%	0.03%	0.03%
	EMR	B	0.14%	0.14%	0.14%
	ENPH	D	0.03%	0.03%	0.03%
	ENTG	D	0.04%	0.04%	0.04%
	EOG	C	0.16%	0.16%	0.16%
	EPAM	F	0.02%	0.02%	0.02%
	EQH	A	0.03%	0.03%	0.03%
	EQIX	D	0.16%	0.15%	0.15%
	EQR	B	0.05%	0.05%	0.05%
	EQT	C	0.03%	0.03%	0.03%
	ES	C	0.05%	0.04%	0.04%
	ESS	B	0.04%	0.03%	0.03%
	ETN	C	0.29%	0.28%	0.28%
	ETR	B	0.05%	0.05%	0.05%
	ETSY	F	0.02%	0.02%	0.02%
	EVRG	C	0.03%	0.03%	0.03%
	EW	D	0.11%	0.11%	0.11%
	EXAS	F	0.02%	0.02%	0.02%
	EXC	C	0.08%	0.08%	0.08%
	EXPD	D	0.04%	0.04%	0.04%
	EXPE	F	0.03%	0.03%	0.03%
	EXR	C	0.07%	0.06%	0.06%
	F	D	0.11%	0.1%	0.1%
	FANG	C	0.07%	0.08%	0.07%
	FAST	D	0.08%	0.08%	0.08%
	FCNCA	B	0.04%	0.04%	0.04%
	FCX	A	0.16%	0.15%	0.15%
	FDS	C	0.04%	0.04%	0.04%
	FDX	D	0.14%	0.13%	0.13%
	FE	B	0.05%	0.05%	0.05%
	FFIV	D	0.02%	0.02%	0.02%
	FICO	A	0.07%	0.07%	0.07%
	FIS	A	0.1%	0.09%	0.09%
	FITB	B	0.06%	0.05%	0.05%
	FMC	C	0.02%	0.02%	0.02%
	FNF	B	0.03%	0.03%	0.03%
	FOX	C	0.01%	0.01%	0.01%
	FOXA	C	0.02%	0.02%	0.02%
	FSLR	C	0.04%	0.04%	0.04%
	FTNT	D	0.09%	0.08%	0.08%
	FTV	D	0.06%	0.06%	0.06%
	GD	A	0.15%	0.15%	0.15%
	GDDY	B	0.04%	0.04%	0.04%
	GE	C	0.38%	0.38%	0.38%
	GEHC	D	0.07%	0.07%	0.07%
	GEV	D	0.1%	0.09%	0.09%
	GGG	D	0.03%	0.03%	0.03%
	GILD	F	0.18%	0.17%	0.17%
	GIS	C	0.09%	0.08%	0.08%
	GL	F	0.02%	0.02%	0.02%
	GLPI	C	0.03%	0.02%	0.02%
	GLW	A	0.06%	0.05%	0.05%
	GM	B	0.14%	0.11%	0.11%
	GOOG	A	1.93%	1.8%	1.8%
	GOOGL	A	2.19%	2.11%	2.11%
	GPC	D	0.05%	0.05%	0.05%
	GPN	F	0.06%	0.06%	0.06%
	GRMN	A	0.06%	0.05%	0.05%
	GS	A	0.32%	0.3%	0.3%
	GWW	D	0.09%	0.09%	0.09%
	H	D	0.01%	0.01%	0.01%
	HAL	D	0.07%	0.07%	0.07%
	HAS	C	0.02%	0.02%	0.02%
	HBAN	B	0.04%	0.04%	0.04%
	HCA	C	0.14%	0.13%	0.13%
	HD	D	0.74%	0.73%	0.73%
	HEI	B	0.03%	0.02%	0.02%
	HEI	B	0.02%	0.03%	0.02%
	HEI	B	0.03%	0.03%	0.03%
	HEI	B	0.02%	0.02%	0.02%
	HES	C	0.1%	0.09%	0.09%
	HIG	A	0.07%	0.06%	0.06%
	HII	D	0.02%	0.02%	0.02%
	HLT	D	0.12%	0.11%	0.11%
	HOLX	D	0.04%	0.04%	0.04%
	HON	B	0.29%	0.28%	0.28%
	HOOD	C	0.01%	0.02%	0.01%
	HPE	C	0.05%	0.05%	0.05%
	HPQ	C	0.06%	0.05%	0.05%
	HRL	C	0.02%	0.02%	0.02%
	HSIC	C	0.02%	0.02%	0.02%
	HST	D	0.03%	0.03%	0.03%
	HSY	C	0.07%	0.06%	0.06%
	HUBB	D	0.05%	0.05%	0.05%
	HUBS	D	0.06%	0.06%	0.06%
	HUM	D	0.09%	0.09%	0.09%
	HWM	A	0.07%	0.07%	0.07%
	IBM	D	0.34%	0.32%	0.32%
	ICE	B	0.17%	0.16%	0.16%
	IDXX	C	0.09%	0.09%	0.09%
	IEX	D	0.04%	0.04%	0.04%
	IFF	A	0.05%	0.05%	0.05%
	ILMN	F	0.04%	0.04%	0.04%
	INCY	D	0.02%	0.02%	0.02%
	INTC	F	0.28%	0.27%	0.27%
	INTU	B	0.38%	0.36%	0.36%
	INVH	B	0.05%	0.04%	0.04%
	IP	B	0.03%	0.03%	0.03%
	IPG	D	0.03%	0.03%	0.03%
	IQV	D	0.09%	0.09%	0.09%
	IR	C	0.08%	0.08%	0.08%
	IRM	B	0.05%	0.05%	0.05%
	ISRG	B	0.29%	0.28%	0.28%
	IT	D	0.07%	0.07%	0.07%
	ITW	D	0.16%	0.16%	0.16%
	J	F	0.04%	0.04%	0.04%
	JAZZ	F	0.01%	0.01%	0.01%
	JBHT	F	0.03%	0.03%	0.03%
	JBL	F	0.03%	0.03%	0.03%
	JCI	B	0.1%	0.09%	0.09%
	JKHY	C	0.03%	0.03%	0.03%
	JNJ	D	0.8%	0.76%	0.76%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	A	1.26%	1.19%	1.19%
	K	C	0.04%	0.03%	0.03%
	KDP	C	0.08%	0.07%	0.07%
	KEY	B	0.03%	0.03%	0.03%
	KEYS	C	0.06%	0.06%	0.06%
	KHC	D	0.07%	0.06%	0.06%
	KIM	C	0.03%	0.03%	0.03%
	KKR	B	0.13%	0.14%	0.13%
	KLAC	B	0.21%	0.2%	0.2%
	KMB	C	0.1%	0.1%	0.1%
	KMI	A	0.08%	0.08%	0.08%
	KMX	F	0.03%	0.02%	0.02%
	KNX	F	0.02%	0.02%	0.02%
	KO	B	0.57%	0.51%	0.51%
	KR	D	0.08%	0.08%	0.08%
	KVUE	C	0.08%	0.07%	0.07%
	L	B	0.03%	0.03%	0.03%
	LBRDK	D	0.01%	0.01%	0.01%
	LDOS	A	0.04%	0.04%	0.04%
	LEA	F	0.02%	0.02%	0.02%
	LEN	B	0.09%	0.0%	0.0%
	LEN	B	0.09%	0.08%	0.08%
	LH	D	0.04%	0.04%	0.04%
	LHX	A	0.09%	0.09%	0.09%
	LII	B	0.03%	0.03%	0.03%
	LIN	D	0.46%	0.44%	0.44%
	LKQ	F	0.03%	0.02%	0.02%
	LLY	B	1.34%	1.37%	1.34%
	LMT	B	0.23%	0.21%	0.21%
	LNG	D	0.08%	0.08%	0.08%
	LNT	B	0.03%	0.03%	0.03%
	LOW	D	0.29%	0.29%	0.29%
	LPLA	C	0.04%	0.04%	0.04%
	LRCX	D	0.26%	0.25%	0.25%
	LSCC	F	0.02%	0.02%	0.02%
	LULU	F	0.09%	0.08%	0.08%
	LUV	F	0.01%	0.03%	0.01%
	LVS	F	0.04%	0.04%	0.04%
	LW	F	0.03%	0.03%	0.03%
	LYB	D	0.06%	0.05%	0.05%
	LYV	D	0.03%	0.03%	0.03%
	MA	D	0.84%	0.79%	0.79%
	MAA	C	0.03%	0.03%	0.03%
	MANH	D	0.03%	0.03%	0.03%
	MAR	D	0.13%	0.12%	0.12%
	MAS	D	0.03%	0.03%	0.03%
	MCD	F	0.43%	0.41%	0.41%
	MCHP	B	0.11%	0.1%	0.1%
	MCK	A	0.16%	0.15%	0.15%
	MCO	A	0.14%	0.13%	0.13%
	MDB	D	0.06%	0.05%	0.05%
	MDLZ	C	0.21%	0.2%	0.2%
	MDT	B	0.24%	0.23%	0.23%
	MET	A	0.1%	0.09%	0.09%
	META	D	2.27%	2.2%	2.2%
	MGM	F	0.02%	0.02%	0.02%
	MKC	C	0.04%	0.04%	0.04%
	MKL	A	0.05%	0.04%	0.04%
	MKTX	D	0.02%	0.02%	0.02%
	MLM	D	0.08%	0.08%	0.08%
	MMC	A	0.22%	0.21%	0.21%
	MMM	A	0.12%	0.11%	0.11%
	MNST	F	0.09%	0.09%	0.09%
	MO	A	0.17%	0.17%	0.17%
	MOH	F	0.05%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	D	0.15%	0.14%	0.14%
	MPWR	C	0.07%	0.07%	0.07%
	MRK	B	0.72%	0.69%	0.69%
	MRNA	C	0.09%	0.09%	0.09%
	MRO	D	0.03%	0.03%	0.03%
	MRVL	C	0.13%	0.12%	0.12%
	MS	B	0.26%	0.24%	0.24%
	MSCI	F	0.08%	0.08%	0.08%
	MSFT	B	6.39%	6.42%	6.39%
	MSI	A	0.13%	0.12%	0.12%
	MTB	B	0.06%	0.05%	0.05%
	MTCH	F	0.02%	0.02%	0.02%
	MTD	B	0.07%	0.06%	0.06%
	MTN	F	0.02%	0.02%	0.02%
	MU	B	0.3%	0.27%	0.27%
	NBIX	B	0.03%	0.03%	0.03%
	NDAQ	B	0.05%	0.05%	0.05%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	B	0.34%	0.32%	0.32%
	NEM	B	0.11%	0.1%	0.1%
	NET	F	0.05%	0.05%	0.05%
	NFLX	B	0.59%	0.55%	0.55%
	NI	B	0.03%	0.03%	0.03%
	NKE	F	0.25%	0.23%	0.23%
	NOC	C	0.15%	0.14%	0.14%
	NOW	C	0.33%	0.31%	0.31%
	NRG	B	0.04%	0.04%	0.04%
	NSC	D	0.11%	0.11%	0.11%
	NTAP	B	0.05%	0.05%	0.05%
	NTRS	C	0.04%	0.04%	0.04%
	NUE	D	0.09%	0.09%	0.09%
	NVDA	C	4.88%	4.41%	4.41%
	NVR	D	0.05%	0.05%	0.05%
	NWSA	C	0.02%	0.02%	0.02%
	O	C	0.1%	0.1%	0.1%
	OC	C	0.03%	0.03%	0.03%
	ODFL	F	0.08%	0.08%	0.08%
	OKE	B	0.1%	0.1%	0.1%
	OKTA	D	0.03%	0.03%	0.03%
	OMC	B	0.04%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	ORCL	C	0.42%	0.38%	0.38%
	ORLY	D	0.13%	0.13%	0.13%
	OTIS	C	0.09%	0.08%	0.08%
	OVV	D	0.03%	0.03%	0.03%
	OXY	D	0.09%	0.09%	0.09%
	PANW	C	0.21%	0.19%	0.19%
	PARA	D	0.01%	0.02%	0.01%
	PATH	D	0.02%	0.02%	0.02%
	PAYC	F	0.02%	0.02%	0.02%
	PAYX	B	0.09%	0.08%	0.08%
	PCAR	D	0.12%	0.12%	0.12%
	PCG	A	0.08%	0.08%	0.08%
	PCTY	C	0.02%	0.01%	0.01%
	PEG	B	0.08%	0.08%	0.08%
	PEP	B	0.55%	0.51%	0.51%
	PFE	D	0.35%	0.33%	0.33%
	PFG	B	0.04%	0.04%	0.04%
	PG	A	0.86%	0.82%	0.82%
	PGR	C	0.27%	0.26%	0.26%
	PH	D	0.15%	0.15%	0.15%
	PHM	B	0.05%	0.05%	0.05%
	PINS	B	0.05%	0.05%	0.05%
	PKG	C	0.04%	0.03%	0.03%
	PLD	F	0.22%	0.21%	0.21%
	PLTR	D	0.09%	0.09%	0.09%
	PM	B	0.34%	0.32%	0.32%
	PNC	B	0.14%	0.13%	0.13%
	PNR	B	0.03%	0.03%	0.03%
	PODD	C	0.02%	0.03%	0.02%
	POOL	D	0.03%	0.03%	0.03%
	PPG	F	0.07%	0.07%	0.07%
	PPL	A	0.05%	0.04%	0.04%
	PRU	A	0.09%	0.09%	0.09%
	PSA	C	0.1%	0.09%	0.09%
	PSX	D	0.14%	0.14%	0.14%
	PTC	C	0.05%	0.04%	0.04%
	PWR	C	0.08%	0.08%	0.08%
	PYPL	D	0.14%	0.15%	0.14%
	QCOM	B	0.45%	0.42%	0.42%
	QRVO	F	0.02%	0.02%	0.02%
	RBLX	F	0.03%	0.03%	0.03%
	RCL	B	0.07%	0.07%	0.07%
	REG	C	0.02%	0.02%	0.02%
	REGN	B	0.23%	0.21%	0.21%
	RF	B	0.04%	0.04%	0.04%
	RGEN	D	0.02%	0.02%	0.02%
	RHI	F	0.02%	0.02%	0.02%
	RIVN	D	0.02%	0.01%	0.01%
	RJF	B	0.05%	0.05%	0.05%
	RMD	B	0.07%	0.07%	0.07%
	ROK	F	0.07%	0.06%	0.06%
	ROKU	F	0.02%	0.02%	0.02%
	ROL	C	0.03%	0.02%	0.02%
	ROP	C	0.12%	0.12%	0.12%
	ROST	D	0.1%	0.09%	0.09%
	RPM	C	0.03%	0.03%	0.03%
	RPRX	F	0.02%	0.02%	0.02%
	RS	D	0.04%	0.04%	0.04%
	RSG	D	0.09%	0.08%	0.08%
	RTX	B	0.33%	0.32%	0.32%
	SBAC	F	0.05%	0.04%	0.04%
	SBUX	F	0.19%	0.18%	0.18%
	SCHW	B	0.25%	0.23%	0.23%
	SEIC	D	0.02%	0.01%	0.01%
	SHW	D	0.17%	0.16%	0.16%
	SIRI	F	0.01%	0.0%	0.0%
	SJM	F	0.03%	0.02%	0.02%
	SLB	F	0.15%	0.14%	0.14%
	SNA	D	0.03%	0.03%	0.03%
	SNOW	D	0.1%	0.1%	0.1%
	SNPS	C	0.18%	0.17%	0.17%
	SO	A	0.19%	0.18%	0.18%
	SOLV	F	0.02%	0.02%	0.02%
	SPG	C	0.1%	0.1%	0.1%
	SPGI	B	0.3%	0.29%	0.29%
	SQ	D	0.08%	0.08%	0.08%
	SRE	A	0.11%	0.1%	0.1%
	SSNC	B	0.03%	0.03%	0.03%
	STE	C	0.05%	0.05%	0.05%
	STLD	D	0.05%	0.04%	0.04%
	STT	B	0.05%	0.05%	0.05%
	STZ	D	0.09%	0.09%	0.09%
	SUI	F	0.03%	0.03%	0.03%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	C	0.04%	0.04%	0.04%
	SYK	D	0.24%	0.25%	0.24%
	SYY	D	0.08%	0.08%	0.08%
	T	B	0.27%	0.26%	0.26%
	TAP	F	0.02%	0.02%	0.02%
	TDG	C	0.16%	0.15%	0.15%
	TDY	D	0.04%	0.04%	0.04%
	TEAM	F	0.06%	0.06%	0.06%
	TECH	C	0.03%	0.03%	0.03%
	TER	B	0.04%	0.04%	0.04%
	TFC	B	0.11%	0.11%	0.11%
	TFX	D	0.02%	0.02%	0.02%
	TGT	D	0.16%	0.16%	0.16%
	TJX	B	0.25%	0.24%	0.24%
	TMO	B	0.5%	0.47%	0.47%
	TMUS	B	0.19%	0.17%	0.17%
	TOST	B	0.02%	0.02%	0.02%
	TPL	C	0.02%	0.02%	0.02%
	TRGP	A	0.05%	0.05%	0.05%
	TRMB	D	0.03%	0.03%	0.03%
	TROW	D	0.06%	0.05%	0.05%
	TRU	C	0.03%	0.03%	0.03%
	TRV	D	0.11%	0.1%	0.1%
	TSCO	A	0.06%	0.06%	0.06%
	TSLA	D	1.08%	0.99%	0.99%
	TSN	B	0.04%	0.03%	0.03%
	TT	B	0.16%	0.16%	0.16%
	TTC	D	0.02%	0.02%	0.02%
	TTD	B	0.09%	0.08%	0.08%
	TTWO	D	0.05%	0.05%	0.05%
	TW	B	0.03%	0.03%	0.03%
	TWLO	D	0.02%	0.02%	0.02%
	TXN	B	0.37%	0.35%	0.35%
	TXT	D	0.04%	0.04%	0.04%
	TYL	B	0.04%	0.04%	0.04%
	U	F	0.01%	0.01%	0.01%
	UBER	D	0.27%	0.28%	0.27%
	UDR	C	0.03%	0.03%	0.03%
	UHAL	C	0.01%	0.0%	0.0%
	UHAL	C	0.01%	0.01%	0.01%
	UHS	B	0.02%	0.02%	0.02%
	ULTA	F	0.04%	0.04%	0.04%
	UNH	C	1.04%	0.99%	0.99%
	UNP	C	0.33%	0.31%	0.31%
	UPS	D	0.24%	0.22%	0.22%
	URI	C	0.1%	0.1%	0.1%
	USB	D	0.14%	0.14%	0.14%
	UTHR	A	0.03%	0.03%	0.03%
	V	B	0.97%	0.93%	0.93%
	VEEV	D	0.07%	0.06%	0.06%
	VICI	C	0.07%	0.06%	0.06%
	VLO	D	0.12%	0.11%	0.11%
	VLTO	B	0.05%	0.04%	0.04%
	VMC	D	0.08%	0.08%	0.08%
	VRSK	A	0.08%	0.07%	0.07%
	VRSN	F	0.03%	0.03%	0.03%
	VRT	C	0.08%	0.07%	0.07%
	VRTX	B	0.24%	0.23%	0.23%
	VST	B	0.07%	0.07%	0.07%
	VTR	B	0.04%	0.04%	0.04%
	VTRS	D	0.03%	0.03%	0.03%
	VZ	C	0.37%	0.35%	0.35%
	WAB	A	0.06%	0.06%	0.06%
	WAT	B	0.05%	0.04%	0.04%
	WBA	F	0.03%	0.03%	0.03%
	WBD	F	0.04%	0.04%	0.04%
	WDAY	D	0.11%	0.1%	0.1%
	WDC	C	0.05%	0.05%	0.05%
	WEC	C	0.06%	0.06%	0.06%
	WELL	B	0.12%	0.12%	0.12%
	WFC	C	0.49%	0.46%	0.46%
	WLK	B	0.01%	0.01%	0.01%
	WM	B	0.19%	0.18%	0.18%
	WMB	A	0.11%	0.1%	0.1%
	WMT	A	0.59%	0.54%	0.54%
	WPC	C	0.03%	0.03%	0.03%
	WRB	D	0.04%	0.03%	0.03%
	WRK	A	0.03%	0.03%	0.03%
	WSM	C	0.04%	0.04%	0.04%
	WSO	B	0.04%	0.03%	0.03%
	WST	F	0.06%	0.06%	0.06%
	WTRG	C	0.02%	0.02%	0.02%
	WTW	D	0.06%	0.05%	0.05%
	WY	F	0.05%	0.05%	0.05%
	WYNN	D	0.02%	0.02%	0.02%
	XEL	D	0.07%	0.06%	0.06%
	XOM	B	1.16%	1.13%	1.13%
	XYL	A	0.07%	0.07%	0.07%
	YUM	B	0.08%	0.08%	0.08%
	Z	F	0.01%	0.01%	0.01%
	ZBH	D	0.05%	0.05%	0.05%
	ZBRA	C	0.04%	0.03%	0.03%
	ZM	D	0.03%	0.03%	0.03%
	ZS	F	0.03%	0.03%	0.03%
	ZTS	D	0.17%	0.16%	0.16%

PBUS Overweight 12 Positions Relative to IWB

	Symbol	Grade	Weight
	MELI	B	0.17%
	NXPI	B	0.15%
	TEL	B	0.1%
	SMCI	D	0.09%
	WCN	C	0.09%
	DELL	B	0.07%
	SNAP	C	0.04%
	STX	C	0.04%
	CBOE	C	0.04%
	CRBG	C	0.02%
	ERIE	C	0.02%
	IOT	B	0.01%

PBUS Underweight 415 Positions Relative to IWB

	Symbol	Grade	Weight
	FI	D	-0.19%
	SPOT	C	-0.09%
	FERG	D	-0.09%
	COR	D	-0.08%
	NU	C	-0.06%
	CPNG	B	-0.05%
	ICLR	D	-0.05%
	UAL	C	-0.04%
	EME	B	-0.04%
	COO	C	-0.04%
	SWAV	B	-0.03%
	IBKR	A	-0.03%
	CASY	B	-0.03%
	USFD	B	-0.03%
	FND	C	-0.03%
	THC	B	-0.03%
	LECO	D	-0.03%
	BLD	D	-0.03%
	XPO	D	-0.03%
	RVTY	C	-0.03%
	TOL	B	-0.03%
	RBA	C	-0.03%
	NVT	C	-0.03%
	RGA	A	-0.03%
	FWONK	C	-0.03%
	PSTG	B	-0.03%
	NTNX	B	-0.03%
	MIDD	F	-0.02%
	GLOB	F	-0.02%
	VOYA	B	-0.02%
	CIEN	C	-0.02%
	FCN	B	-0.02%
	LAD	F	-0.02%
	AGCO	F	-0.02%
	OGE	A	-0.02%
	RBC	A	-0.02%
	PEN	F	-0.02%
	OHI	C	-0.02%
	EGP	F	-0.02%
	WSC	F	-0.02%
	GMED	B	-0.02%
	NOV	D	-0.02%
	BRKR	D	-0.02%
	WCC	C	-0.02%
	OSK	D	-0.02%
	MORN	D	-0.02%
	FIVE	F	-0.02%
	NYT	B	-0.02%
	NNN	B	-0.02%
	PRI	D	-0.02%
	WBS	D	-0.02%
	AFRM	D	-0.02%
	CGNX	C	-0.02%
	INGR	B	-0.02%
	SWN	B	-0.02%
	OLED	C	-0.02%
	ORI	A	-0.02%
	GNTX	D	-0.02%
	RGLD	A	-0.02%
	AXTA	C	-0.02%
	AYI	C	-0.02%
	MUSA	B	-0.02%
	SF	B	-0.02%
	SNX	A	-0.02%
	BWXT	D	-0.02%
	KNSL	F	-0.02%
	JEF	A	-0.02%
	OWL	B	-0.02%
	ELAN	B	-0.02%
	FRT	C	-0.02%
	MKSI	C	-0.02%
	ARMK	B	-0.02%
	CROX	C	-0.02%
	ESTC	C	-0.02%
	X	F	-0.02%
	GNRC	C	-0.02%
	CHE	F	-0.02%
	RRC	B	-0.02%
	GPK	C	-0.02%
	EHC	C	-0.02%
	PNW	B	-0.02%
	WEX	F	-0.02%
	FHN	B	-0.02%
	UNM	B	-0.02%
	DCI	C	-0.02%
	KBR	C	-0.02%
	EXP	D	-0.02%
	TPX	C	-0.02%
	SKX	B	-0.02%
	MEDP	D	-0.02%
	TPR	D	-0.02%
	JLL	B	-0.02%
	CACI	B	-0.02%
	DOX	F	-0.02%
	CUBE	C	-0.02%
	AAL	C	-0.02%
	FBIN	D	-0.02%
	REXR	F	-0.02%
	QGEN	B	-0.02%
	GWRE	B	-0.02%
	CHDN	C	-0.02%
	ATR	C	-0.02%
	AR	A	-0.02%
	NLY	B	-0.02%
	SCCO	A	-0.02%
	TREX	D	-0.02%
	SCI	D	-0.02%
	CNM	B	-0.02%
	CW	B	-0.02%
	LAMR	B	-0.02%
	BJ	B	-0.02%
	NTRA	B	-0.02%
	RRX	D	-0.02%
	CLH	B	-0.02%
	EWBC	B	-0.02%
	WWD	A	-0.02%
	PFGC	C	-0.02%
	SAIA	F	-0.02%
	TXRH	B	-0.02%
	ITT	A	-0.02%
	GEN	B	-0.02%
	TTEK	A	-0.02%
	CNHI	F	-0.02%
	FTI	C	-0.02%
	WMS	C	-0.02%
	RNR	C	-0.02%
	SRPT	C	-0.02%
	WING	C	-0.02%
	TXG	F	-0.01%
	CAR	D	-0.01%
	PEGA	C	-0.01%
	PENN	F	-0.01%
	NYCB	D	-0.01%
	AGR	D	-0.01%
	RUN	D	-0.01%
	CRI	F	-0.01%
	DV	F	-0.01%
	KSS	D	-0.01%
	SAM	F	-0.01%
	IPGP	D	-0.01%
	DOCS	D	-0.01%
	BOKF	B	-0.01%
	CNXC	D	-0.01%
	MPW	C	-0.01%
	TNDM	B	-0.01%
	GTES	C	-0.01%
	NSA	C	-0.01%
	FHB	B	-0.01%
	ENOV	F	-0.01%
	DNB	C	-0.01%
	SPB	C	-0.01%
	AZTA	F	-0.01%
	COLM	B	-0.01%
	HIW	C	-0.01%
	CXT	D	-0.01%
	LITE	D	-0.01%
	NWS	C	-0.01%
	CLVT	F	-0.01%
	AMED	C	-0.01%
	SMG	D	-0.01%
	BHF	F	-0.01%
	EPR	C	-0.01%
	RNG	C	-0.01%
	WOLF	F	-0.01%
	TPG	D	-0.01%
	PAG	C	-0.01%
	NWL	D	-0.01%
	NVST	F	-0.01%
	CACC	F	-0.01%
	FTRE	F	-0.01%
	RARE	F	-0.01%
	PK	D	-0.01%
	TDC	F	-0.01%
	FOUR	D	-0.01%
	TNL	D	-0.01%
	YETI	D	-0.01%
	HCP	C	-0.01%
	WEN	F	-0.01%
	NEU	D	-0.01%
	VAC	D	-0.01%
	MSGS	C	-0.01%
	CHH	F	-0.01%
	SPR	D	-0.01%
	CCCS	F	-0.01%
	CAVA	B	-0.01%
	CUZ	C	-0.01%
	WU	D	-0.01%
	IRDM	D	-0.01%
	LSXMK	F	-0.01%
	DXC	F	-0.01%
	KMPR	C	-0.01%
	FIVN	F	-0.01%
	MAN	C	-0.01%
	ZI	F	-0.01%
	KRC	C	-0.01%
	BYD	F	-0.01%
	SLGN	C	-0.01%
	IAC	C	-0.01%
	GFS	D	-0.01%
	BEPC	C	-0.01%
	CPRI	F	-0.01%
	COLB	C	-0.01%
	CC	C	-0.01%
	HUN	C	-0.01%
	ROIV	C	-0.01%
	PRGO	F	-0.01%
	LAZ	B	-0.01%
	SRCL	F	-0.01%
	HOG	D	-0.01%
	COTY	F	-0.01%
	RYN	F	-0.01%
	MSM	F	-0.01%
	VNO	F	-0.01%
	APLS	F	-0.01%
	AGO	D	-0.01%
	VFC	F	-0.01%
	JHG	B	-0.01%
	GPS	D	-0.01%
	AAP	D	-0.01%
	RH	D	-0.01%
	LOPE	C	-0.01%
	FLO	C	-0.01%
	AN	C	-0.01%
	PII	F	-0.01%
	GME	D	-0.01%
	WTM	D	-0.01%
	AVT	B	-0.01%
	IDA	C	-0.01%
	AM	A	-0.01%
	THG	A	-0.01%
	GTLB	D	-0.01%
	SLM	D	-0.01%
	ASH	A	-0.01%
	OLLI	D	-0.01%
	SMAR	C	-0.01%
	LNC	C	-0.01%
	OZK	C	-0.01%
	NFG	B	-0.01%
	EEFT	C	-0.01%
	DLB	C	-0.01%
	S	D	-0.01%
	FNB	B	-0.01%
	WHR	F	-0.01%
	FRPT	B	-0.01%
	AL	C	-0.01%
	OGN	B	-0.01%
	INSP	F	-0.01%
	UGI	C	-0.01%
	RYAN	B	-0.01%
	M	D	-0.01%
	AMG	D	-0.01%
	MDU	B	-0.01%
	VMI	C	-0.01%
	AWI	D	-0.01%
	MASI	D	-0.01%
	POST	B	-0.01%
	AXS	A	-0.01%
	RITM	B	-0.01%
	THO	F	-0.01%
	ESI	D	-0.01%
	VVV	D	-0.01%
	PB	C	-0.01%
	LPX	B	-0.01%
	ALK	C	-0.01%
	PCOR	D	-0.01%
	IVZ	C	-0.01%
	SEE	C	-0.01%
	CRUS	B	-0.01%
	AIRC	A	-0.01%
	TKR	C	-0.01%
	SON	B	-0.01%
	IONS	F	-0.01%
	SNV	B	-0.01%
	FAF	D	-0.01%
	PLNT	C	-0.01%
	R	B	-0.01%
	NXST	C	-0.01%
	AZPN	B	-0.01%
	WH	F	-0.01%
	MTG	C	-0.01%
	G	D	-0.01%
	RLI	A	-0.01%
	BC	F	-0.01%
	ADC	C	-0.01%
	OMF	C	-0.01%
	XRAY	F	-0.01%
	TKO	C	-0.01%
	W	C	-0.01%
	KD	B	-0.01%
	HR	C	-0.01%
	LYFT	D	-0.01%
	STWD	B	-0.01%
	HXL	C	-0.01%
	LFUS	C	-0.01%
	GXO	D	-0.01%
	ESAB	C	-0.01%
	FYBR	B	-0.01%
	DTM	A	-0.01%
	CFR	D	-0.01%
	VNT	D	-0.01%
	WTFC	B	-0.01%
	FR	F	-0.01%
	ACHC	F	-0.01%
	BFAM	D	-0.01%
	PNFP	C	-0.01%
	ST	C	-0.01%
	LSTR	C	-0.01%
	ZION	B	-0.01%
	MHK	C	-0.01%
	BPOP	B	-0.01%
	COLD	D	-0.01%
	FLS	B	-0.01%
	AZEK	D	-0.01%
	STAG	C	-0.01%
	RL	D	-0.01%
	SOFI	F	-0.01%
	AA	B	-0.01%
	AGNC	A	-0.01%
	MAT	F	-0.01%
	WAL	C	-0.01%
	KEX	A	-0.01%
	MTZ	C	-0.01%
	CBSH	B	-0.01%
	BRX	C	-0.01%
	OLN	C	-0.01%
	EXEL	F	-0.01%
	PVH	D	-0.01%
	NCLH	F	-0.01%
	BERY	D	-0.01%
	ARW	C	-0.01%
	CR	B	-0.01%
	HLI	C	-0.01%
	CMA	B	-0.01%
	EVR	A	-0.01%
	SAIC	C	-0.01%
	ALSN	D	-0.01%
	COHR	D	-0.01%
	XP	F	-0.01%
	HRB	B	-0.01%
	SITE	F	-0.01%
	MSA	B	-0.01%
	RNAC	C	-0.0%
	WOOF	D	-0.0%
	OLPX	D	-0.0%
	PLTK	C	-0.0%
	PARAA	D	-0.0%
	NLOP	C	-0.0%
	CHPT	D	-0.0%
	UI	C	-0.0%
	MCW	D	-0.0%
	AMBP	B	-0.0%
	HTZ	F	-0.0%
	SEB	D	-0.0%
	DRVN	F	-0.0%
	LLYVA	F	-0.0%
	CART	F	-0.0%
	TFSL	C	-0.0%
	CWEN	C	-0.0%
	AMC	D	-0.0%
	LBRDA	D	-0.0%
	UWMC	C	-0.0%
	PYCR	F	-0.0%
	HE	D	-0.0%
	CNA	B	-0.0%
	SSRM	D	-0.0%
	MRVI	C	-0.0%
	UA	F	-0.0%
	SNDR	D	-0.0%
	UAA	F	-0.0%
	VSTS	F	-0.0%
	INFA	D	-0.0%
	BIRK	C	-0.0%
	DNA	F	-0.0%
	SHC	F	-0.0%
	PTON	D	-0.0%
	KLG	C	-0.0%
	PLUG	F	-0.0%
	NATL	B	-0.0%
	PPC	C	-0.0%
	AGL	D	-0.0%
	VSCO	C	-0.0%
	REYN	B	-0.0%
	VYX	D	-0.0%
	FWONA	C	-0.0%
	MRCY	D	-0.0%
	NVCR	C	-0.0%
	RKT	C	-0.0%
	MP	C	-0.0%
	IART	F	-0.0%
	NFE	F	-0.0%
	LEG	F	-0.0%
	ADT	C	-0.0%
	LSXMA	F	-0.0%
	LLYVK	F	-0.0%
	RCM	F	-0.0%
	QS	F	-0.0%
	VIRT	B	-0.0%
	TRIP	F	-0.0%
	GO	F	-0.0%
	CERT	F	-0.0%
	PHIN	B	-0.0%
	LCID	D	-0.0%
	VSAT	D	-0.0%
	ALGM	D	-0.0%
	ICUI	D	-0.0%
	HAYW	C	-0.0%
	TDOC	F	-0.0%
	NCNO	D	-0.0%
	CABO	F	-0.0%
	CWEN	C	-0.0%
	JWN	C	-0.0%
	HHH	F	-0.0%
	QDEL	F	-0.0%
	ZG	F	-0.0%
	PINC	F	-0.0%

PBUS: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Semiconductors Software - Infrastructure Asset Management Business Services Diagnostics & Research Biotechnology Oil & Gas E&P Specialty Retail Capital Markets Aerospace & Defense Banks - Regional - US 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 Electronics Dow Jones Component Chemical Aerospace Medicine Real Estate Investment Trust Telecommunications Bank Cloud Computing Semiconductor Banking Mining Mobile Devices Biotechnology

IWB: Top Represented Industries & Keywords

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

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