PBUS vs. VSLU ETF Comparison

Comparison of Invesco PureBeta MSCI USA ETF (PBUS) to Applied Finance Valuation Large Cap ETF (VSLU)

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

$59.90

Average Daily Volume

175,643

Number of Holdings ^*

584

* may have additional holdings in another (foreign) market

VSLU

Applied Finance Valuation Large Cap ETF

VSLU Description

ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Applied Finance Advisors, LLC and Toroso Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. The fund employs proprietary research to create its portfolio. ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.86

Average Daily Volume

19,128

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	PBUS	VSLU
30 Days	2.23%	0.09%
60 Days	5.09%	3.76%
90 Days	6.51%	4.24%
12 Months	32.94%	30.04%

298 Overlapping Holdings

	Symbol	Grade	Weight in PBUS	Weight in VSLU	Overlap
	A	D	0.07%	0.1%	0.07%
	AAPL	C	6.38%	6.68%	6.38%
	ABBV	F	0.57%	1.62%	0.57%
	ABT	B	0.38%	0.35%	0.35%
	ACGL	C	0.07%	0.07%	0.07%
	ACN	B	0.44%	0.88%	0.44%
	ADBE	C	0.45%	0.99%	0.45%
	ADI	D	0.2%	0.17%	0.17%
	ADM	D	0.05%	0.08%	0.05%
	ADP	A	0.24%	0.3%	0.24%
	ADSK	A	0.13%	0.11%	0.11%
	AFL	B	0.11%	0.07%	0.07%
	AIZ	A	0.02%	0.0%	0.0%
	ALGN	D	0.03%	0.01%	0.01%
	ALLE	C	0.02%	0.05%	0.02%
	AMAT	F	0.3%	0.67%	0.3%
	AMCR	C	0.03%	0.03%	0.03%
	AMT	C	0.17%	0.26%	0.17%
	AMZN	C	3.8%	3.86%	3.8%
	ANET	C	0.2%	0.15%	0.15%
	AON	A	0.14%	0.79%	0.14%
	AOS	F	0.02%	0.01%	0.01%
	APA	D	0.02%	0.04%	0.02%
	APH	A	0.17%	0.13%	0.13%
	APTV	F	0.03%	0.03%	0.03%
	ATO	A	0.04%	0.01%	0.01%
	AVB	B	0.06%	0.0%	0.0%
	AVGO	D	1.45%	2.99%	1.45%
	AVY	F	0.03%	0.02%	0.02%
	AXP	A	0.32%	0.56%	0.32%
	AZO	C	0.1%	0.49%	0.1%
	BALL	F	0.04%	0.03%	0.03%
	BBWI	C	0.01%	0.02%	0.01%
	BBY	D	0.04%	0.05%	0.04%
	BG	D	0.02%	0.05%	0.02%
	BK	A	0.11%	0.0%	0.0%
	BKNG	A	0.32%	0.78%	0.32%
	BLDR	D	0.04%	0.14%	0.04%
	BMY	B	0.23%	0.78%	0.23%
	BR	A	0.05%	0.03%	0.03%
	CAG	F	0.03%	0.0%	0.0%
	CAH	B	0.06%	0.13%	0.06%
	CAT	B	0.36%	0.42%	0.36%
	CB	C	0.21%	0.11%	0.11%
	CBOE	C	0.04%	0.08%	0.04%
	CCI	C	0.09%	0.08%	0.08%
	CCL	A	0.05%	0.05%	0.05%
	CDNS	B	0.16%	0.1%	0.1%
	CDW	F	0.05%	0.18%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CF	A	0.03%	0.05%	0.03%
	CHD	A	0.05%	0.05%	0.05%
	CHRW	B	0.02%	0.02%	0.02%
	CHTR	C	0.07%	0.23%	0.07%
	CI	D	0.18%	0.1%	0.1%
	CMCSA	B	0.33%	0.23%	0.23%
	CME	B	0.15%	0.04%	0.04%
	CMI	A	0.1%	0.14%	0.1%
	CNC	D	0.06%	0.03%	0.03%
	COP	C	0.25%	0.32%	0.25%
	COR	B	0.08%	0.4%	0.08%
	CPAY	A	0.05%	0.21%	0.05%
	CPT	B	0.02%	0.02%	0.02%
	CRM	B	0.62%	0.32%	0.32%
	CSX	C	0.13%	0.24%	0.13%
	CTAS	B	0.15%	0.12%	0.12%
	CTRA	B	0.04%	0.05%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	C	0.08%	0.02%	0.02%
	CVX	A	0.54%	0.64%	0.54%
	DAL	B	0.02%	0.11%	0.02%
	DECK	A	0.05%	0.06%	0.05%
	DELL	B	0.07%	0.38%	0.07%
	DFS	B	0.08%	0.11%	0.08%
	DG	F	0.03%	0.07%	0.03%
	DHI	F	0.09%	0.18%	0.09%
	DLTR	F	0.03%	0.02%	0.02%
	DOC	C	0.03%	0.04%	0.03%
	DOV	A	0.05%	0.07%	0.05%
	DOW	F	0.06%	0.01%	0.01%
	DPZ	C	0.03%	0.16%	0.03%
	DRI	B	0.04%	0.05%	0.04%
	DVA	C	0.02%	0.07%	0.02%
	DVN	F	0.05%	0.09%	0.05%
	DXCM	C	0.06%	0.03%	0.03%
	EA	A	0.08%	0.06%	0.06%
	EBAY	D	0.06%	0.07%	0.06%
	ED	C	0.06%	0.03%	0.03%
	EFX	F	0.06%	0.06%	0.06%
	ELV	F	0.18%	0.11%	0.11%
	EMN	C	0.02%	0.0%	0.0%
	ENPH	F	0.02%	0.02%	0.02%
	EOG	A	0.15%	0.19%	0.15%
	EPAM	B	0.03%	0.0%	0.0%
	EQR	C	0.05%	0.02%	0.02%
	ESS	B	0.04%	0.0%	0.0%
	EW	C	0.08%	0.15%	0.08%
	EXPD	C	0.03%	0.02%	0.02%
	EXPE	B	0.04%	0.07%	0.04%
	FANG	C	0.07%	0.09%	0.07%
	FAST	B	0.09%	0.04%	0.04%
	FCX	F	0.12%	0.12%	0.12%
	FDS	B	0.04%	0.06%	0.04%
	FDX	B	0.13%	0.07%	0.07%
	FFIV	B	0.03%	0.0%	0.0%
	FI	A	0.24%	0.97%	0.24%
	FICO	B	0.11%	0.21%	0.11%
	FIS	C	0.09%	0.25%	0.09%
	FITB	B	0.06%	0.02%	0.02%
	FOXA	A	0.02%	0.08%	0.02%
	FTNT	C	0.12%	0.16%	0.12%
	GD	D	0.13%	0.12%	0.12%
	GDDY	A	0.05%	0.05%	0.05%
	GEHC	D	0.07%	0.07%	0.07%
	GEN	B	0.03%	0.05%	0.03%
	GILD	C	0.22%	0.81%	0.22%
	GIS	D	0.07%	0.07%	0.07%
	GLW	B	0.07%	0.06%	0.06%
	GM	C	0.13%	0.19%	0.13%
	GOOGL	C	1.98%	6.21%	1.98%
	GPC	D	0.03%	0.06%	0.03%
	GRMN	B	0.06%	0.07%	0.06%
	GWW	B	0.1%	0.12%	0.1%
	HAL	C	0.05%	0.08%	0.05%
	HCA	F	0.13%	0.3%	0.13%
	HD	B	0.77%	1.06%	0.77%
	HIG	B	0.07%	0.05%	0.05%
	HII	F	0.01%	0.0%	0.0%
	HLT	A	0.12%	0.54%	0.12%
	HOLX	D	0.04%	0.03%	0.03%
	HON	C	0.29%	0.27%	0.27%
	HPE	B	0.05%	0.09%	0.05%
	HPQ	B	0.07%	0.27%	0.07%
	HRL	D	0.02%	0.01%	0.01%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.13%	0.05%
	HUM	C	0.07%	0.08%	0.07%
	IBM	C	0.37%	0.22%	0.22%
	IDXX	F	0.07%	0.11%	0.07%
	IEX	C	0.03%	0.02%	0.02%
	INCY	C	0.02%	0.08%	0.02%
	IP	A	0.04%	0.04%	0.04%
	IPG	D	0.02%	0.04%	0.02%
	IQV	F	0.07%	0.29%	0.07%
	IR	B	0.08%	0.09%	0.08%
	IT	C	0.08%	0.3%	0.08%
	ITW	B	0.16%	0.16%	0.16%
	J	D	0.03%	0.04%	0.03%
	JBHT	C	0.03%	0.03%	0.03%
	JBL	C	0.03%	0.02%	0.02%
	JCI	B	0.11%	0.07%	0.07%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	C	0.7%	1.7%	0.7%
	JNPR	D	0.02%	0.02%	0.02%
	JPM	A	1.33%	0.75%	0.75%
	KDP	F	0.07%	0.07%	0.07%
	KEYS	A	0.05%	0.06%	0.05%
	KHC	F	0.06%	0.05%	0.05%
	KIM	A	0.03%	0.0%	0.0%
	KLAC	F	0.17%	0.34%	0.17%
	KMI	A	0.1%	0.03%	0.03%
	KO	D	0.49%	0.5%	0.49%
	KR	B	0.08%	0.1%	0.08%
	KVUE	A	0.09%	0.11%	0.09%
	LDOS	C	0.04%	0.09%	0.04%
	LEN	D	0.08%	0.06%	0.06%
	LH	B	0.04%	0.03%	0.03%
	LMT	D	0.22%	0.29%	0.22%
	LOW	C	0.3%	0.89%	0.3%
	LRCX	F	0.19%	0.35%	0.19%
	LULU	C	0.07%	0.25%	0.07%
	LUV	C	0.01%	0.01%	0.01%
	LW	C	0.02%	0.03%	0.02%
	LYB	F	0.04%	0.06%	0.04%
	MA	B	0.83%	4.57%	0.83%
	MAA	B	0.03%	0.02%	0.02%
	MAR	A	0.13%	0.48%	0.13%
	MAS	D	0.03%	0.09%	0.03%
	MCD	D	0.41%	0.46%	0.41%
	MCHP	F	0.07%	0.12%	0.07%
	MCK	A	0.15%	0.67%	0.15%
	MCO	B	0.15%	0.21%	0.15%
	MDLZ	F	0.17%	0.16%	0.16%
	MDT	D	0.21%	0.17%	0.17%
	MET	A	0.1%	0.08%	0.08%
	META	D	2.43%	4.13%	2.43%
	MGM	D	0.02%	0.01%	0.01%
	MKC	C	0.04%	0.02%	0.02%
	MLM	C	0.07%	0.05%	0.05%
	MMC	B	0.21%	0.2%	0.2%
	MMM	D	0.14%	0.17%	0.14%
	MNST	C	0.08%	0.15%	0.08%
	MO	A	0.18%	0.23%	0.18%
	MOH	F	0.03%	0.08%	0.03%
	MOS	F	0.02%	0.04%	0.02%
	MPC	D	0.11%	0.33%	0.11%
	MRK	D	0.48%	1.88%	0.48%
	MRO	B	0.03%	0.05%	0.03%
	MSFT	D	5.79%	6.84%	5.79%
	MSI	B	0.16%	0.15%	0.15%
	MTCH	D	0.02%	0.06%	0.02%
	MTD	F	0.05%	0.21%	0.05%
	NKE	F	0.18%	0.23%	0.18%
	NOC	D	0.13%	0.13%	0.13%
	NRG	B	0.04%	0.05%	0.04%
	NTAP	C	0.05%	0.05%	0.05%
	NUE	C	0.07%	0.14%	0.07%
	NVDA	B	6.93%	6.97%	6.93%
	NVR	D	0.05%	0.2%	0.05%
	NXPI	D	0.11%	0.13%	0.11%
	ODFL	C	0.08%	0.05%	0.05%
	OMC	C	0.04%	0.13%	0.04%
	ON	D	0.06%	0.1%	0.06%
	ORCL	A	0.59%	1.24%	0.59%
	ORLY	B	0.14%	0.61%	0.14%
	OTIS	C	0.08%	0.27%	0.08%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.07%	0.07%
	PEG	A	0.08%	0.03%	0.03%
	PEP	F	0.44%	0.42%	0.42%
	PFG	D	0.04%	0.02%	0.02%
	PG	C	0.76%	0.85%	0.76%
	PH	A	0.17%	0.19%	0.17%
	PHM	D	0.05%	0.14%	0.05%
	PKG	A	0.04%	0.02%	0.02%
	PM	B	0.38%	0.58%	0.38%
	PNR	A	0.03%	0.06%	0.03%
	POOL	C	0.03%	0.01%	0.01%
	PPG	F	0.06%	0.06%	0.06%
	PSA	C	0.1%	0.08%	0.08%
	PSX	C	0.11%	0.2%	0.11%
	PYPL	B	0.16%	0.2%	0.16%
	QCOM	F	0.35%	0.38%	0.35%
	QRVO	F	0.01%	0.0%	0.0%
	RCL	A	0.11%	0.13%	0.11%
	REGN	F	0.16%	0.2%	0.16%
	RF	A	0.05%	0.03%	0.03%
	RMD	C	0.06%	0.09%	0.06%
	ROK	C	0.06%	0.04%	0.04%
	ROL	B	0.03%	0.02%	0.02%
	ROP	B	0.12%	0.19%	0.12%
	ROST	D	0.09%	0.07%	0.07%
	RTX	D	0.3%	0.14%	0.14%
	RVTY	F	0.03%	0.01%	0.01%
	SHW	B	0.18%	0.34%	0.18%
	SLB	C	0.12%	0.08%	0.08%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.05%	0.04%
	SNPS	B	0.16%	0.1%	0.1%
	SOLV	D	0.02%	0.05%	0.02%
	SPG	A	0.11%	0.19%	0.11%
	SPGI	C	0.31%	0.29%	0.29%
	STLD	B	0.04%	0.09%	0.04%
	STZ	D	0.08%	0.18%	0.08%
	SWKS	F	0.03%	0.03%	0.03%
	SYK	B	0.25%	0.33%	0.25%
	SYY	D	0.07%	0.1%	0.07%
	T	A	0.31%	0.21%	0.21%
	TDG	D	0.14%	0.15%	0.14%
	TDY	B	0.04%	0.02%	0.02%
	TECH	F	0.02%	0.01%	0.01%
	TGT	F	0.14%	0.16%	0.14%
	TMO	F	0.39%	0.57%	0.39%
	TMUS	B	0.24%	0.5%	0.24%
	TROW	B	0.05%	0.03%	0.03%
	TRV	B	0.11%	0.03%	0.03%
	TSCO	D	0.06%	0.06%	0.06%
	TT	A	0.18%	0.13%	0.13%
	TTWO	A	0.06%	0.01%	0.01%
	TXN	C	0.36%	0.49%	0.36%
	TXT	D	0.03%	0.01%	0.01%
	UDR	B	0.03%	0.02%	0.02%
	ULTA	F	0.03%	0.08%	0.03%
	UNH	B	1.05%	0.88%	0.88%
	UNP	C	0.28%	0.38%	0.28%
	UPS	C	0.19%	0.11%	0.11%
	URI	C	0.11%	0.17%	0.11%
	USB	A	0.15%	0.03%	0.03%
	V	A	0.93%	3.37%	0.93%
	VLO	C	0.09%	0.24%	0.09%
	VLTO	C	0.05%	0.13%	0.05%
	VMC	B	0.07%	0.03%	0.03%
	VRSK	A	0.08%	0.05%	0.05%
	VRSN	C	0.03%	0.14%	0.03%
	VRTX	D	0.24%	0.31%	0.24%
	VTR	B	0.05%	0.01%	0.01%
	VTRS	A	0.03%	0.03%	0.03%
	VZ	C	0.33%	0.37%	0.33%
	WAB	B	0.07%	0.1%	0.07%
	WMT	A	0.72%	1.0%	0.72%
	WRB	A	0.04%	0.04%	0.04%
	WTW	B	0.06%	0.02%	0.02%
	WY	F	0.04%	0.01%	0.01%
	XOM	B	1.04%	0.9%	0.9%
	XYL	D	0.06%	0.02%	0.02%
	YUM	D	0.07%	0.23%	0.07%
	ZBH	C	0.04%	0.04%	0.04%
	ZTS	D	0.15%	0.21%	0.15%

PBUS Overweight 286 Positions Relative to VSLU

	Symbol	Grade	Weight
	GOOG	C	1.72%
	TSLA	B	1.71%
	LLY	F	1.22%
	BRK.A	B	1.19%
	COST	A	0.79%
	NFLX	A	0.69%
	BAC	A	0.62%
	WFC	A	0.49%
	CSCO	B	0.45%
	AMD	F	0.43%
	LIN	C	0.42%
	NOW	A	0.41%
	INTU	B	0.38%
	DIS	B	0.38%
	ISRG	A	0.37%
	GE	D	0.37%
	GS	A	0.36%
	DHR	F	0.31%
	MS	A	0.31%
	NEE	C	0.3%
	BLK	B	0.3%
	AMGN	F	0.3%
	PGR	A	0.29%
	ETN	A	0.28%
	PFE	F	0.28%
	UBER	F	0.26%
	TJX	A	0.26%
	BSX	A	0.25%
	BX	A	0.25%
	C	A	0.25%
	PANW	B	0.24%
	PLTR	B	0.23%
	SCHW	B	0.23%
	SBUX	A	0.22%
	MU	D	0.21%
	DE	B	0.2%
	PLD	F	0.2%
	INTC	C	0.2%
	BA	F	0.19%
	KKR	A	0.18%
	SO	C	0.18%
	EQIX	A	0.17%
	WM	B	0.17%
	GEV	B	0.17%
	ICE	C	0.17%
	CMG	B	0.16%
	PNC	B	0.16%
	MELI	C	0.16%
	DUK	C	0.16%
	MRVL	B	0.15%
	CRWD	B	0.15%
	WELL	A	0.15%
	CEG	C	0.14%
	CL	D	0.14%
	EMR	B	0.14%
	APO	B	0.13%
	BDX	F	0.13%
	WMB	A	0.13%
	CVS	D	0.13%
	COF	C	0.13%
	APD	A	0.13%
	PCAR	B	0.12%
	CARR	C	0.12%
	TFC	A	0.12%
	OKE	A	0.12%
	ECL	D	0.12%
	AJG	A	0.12%
	TTD	B	0.11%
	AMP	A	0.11%
	SRE	A	0.11%
	WDAY	B	0.11%
	DLR	B	0.11%
	APP	B	0.11%
	NSC	B	0.11%
	ABNB	C	0.11%
	CPRT	B	0.1%
	AEP	C	0.1%
	AIG	B	0.1%
	MSTR	B	0.1%
	ALL	A	0.1%
	COIN	C	0.1%
	DASH	B	0.1%
	KMB	C	0.09%
	AME	A	0.09%
	PRU	A	0.09%
	RSG	A	0.09%
	SQ	A	0.09%
	NEM	D	0.09%
	D	C	0.09%
	LHX	C	0.09%
	PWR	A	0.09%
	WCN	A	0.09%
	FLUT	A	0.09%
	MSCI	C	0.09%
	VST	A	0.09%
	LNG	A	0.09%
	O	C	0.09%
	HES	B	0.08%
	TEAM	A	0.08%
	TRGP	A	0.08%
	CBRE	B	0.08%
	PCG	A	0.08%
	VRT	B	0.08%
	BKR	A	0.08%
	AXON	A	0.08%
	F	C	0.08%
	HWM	A	0.08%
	EXR	C	0.07%
	DD	C	0.07%
	VEEV	C	0.07%
	MTB	A	0.07%
	DDOG	A	0.07%
	XEL	A	0.07%
	EXC	C	0.07%
	SNOW	B	0.07%
	ANSS	B	0.06%
	GPN	B	0.06%
	WEC	A	0.06%
	CSGP	D	0.06%
	ETR	B	0.06%
	ARES	A	0.06%
	EIX	B	0.06%
	RJF	A	0.06%
	ALNY	D	0.06%
	IRM	C	0.06%
	HUBS	A	0.06%
	VICI	C	0.06%
	NDAQ	A	0.06%
	OXY	D	0.06%
	BIIB	F	0.05%
	EQT	B	0.05%
	AEE	A	0.05%
	HUBB	B	0.05%
	PPL	A	0.05%
	WST	C	0.05%
	DTE	C	0.05%
	RBLX	C	0.05%
	HBAN	A	0.05%
	SYF	B	0.05%
	TYL	B	0.05%
	AWK	C	0.05%
	SW	A	0.05%
	FTV	C	0.05%
	BRO	B	0.05%
	MPWR	F	0.05%
	NET	B	0.05%
	TPL	A	0.05%
	STT	B	0.05%
	TSN	B	0.04%
	WSO	A	0.04%
	CNP	A	0.04%
	ZS	B	0.04%
	STX	C	0.04%
	ZBRA	B	0.04%
	TRU	D	0.04%
	FSLR	F	0.04%
	LII	A	0.04%
	CMS	C	0.04%
	BAH	F	0.04%
	INVH	D	0.04%
	WDC	D	0.04%
	ZM	C	0.04%
	CSL	C	0.04%
	CLX	A	0.04%
	LYV	A	0.04%
	FCNCA	A	0.04%
	CFG	B	0.04%
	MDB	B	0.04%
	ES	C	0.04%
	MKL	A	0.04%
	NTRS	A	0.04%
	STE	D	0.04%
	K	A	0.04%
	FE	C	0.04%
	PTC	B	0.04%
	WAT	C	0.04%
	EME	A	0.04%
	WBD	B	0.04%
	IFF	D	0.04%
	ILMN	C	0.04%
	CINF	A	0.04%
	LPLA	A	0.04%
	SBAC	D	0.04%
	MRNA	F	0.03%
	GLPI	C	0.03%
	AKAM	D	0.03%
	AVTR	F	0.03%
	NDSN	B	0.03%
	EVRG	A	0.03%
	ACM	B	0.03%
	TOST	B	0.03%
	TW	A	0.03%
	EL	F	0.03%
	ENTG	D	0.03%
	GGG	B	0.03%
	LNT	A	0.03%
	DT	D	0.03%
	PSTG	D	0.03%
	EQH	C	0.03%
	EG	C	0.03%
	L	A	0.03%
	SUI	C	0.03%
	FNF	B	0.03%
	HEI	A	0.03%
	TWLO	A	0.03%
	UTHR	C	0.03%
	NI	A	0.03%
	BAX	F	0.03%
	SSNC	B	0.03%
	DOCU	B	0.03%
	TER	F	0.03%
	OC	A	0.03%
	ARE	F	0.03%
	HOOD	B	0.03%
	WSM	C	0.03%
	DGX	A	0.03%
	TRMB	B	0.03%
	MANH	D	0.03%
	PINS	F	0.03%
	BURL	B	0.03%
	RPM	A	0.03%
	KEY	B	0.03%
	PODD	C	0.03%
	LVS	B	0.03%
	DKNG	B	0.03%
	RS	B	0.03%
	CHRD	D	0.02%
	CRBG	B	0.02%
	CPB	D	0.02%
	TTC	C	0.02%
	HSIC	C	0.02%
	TFX	F	0.02%
	SEIC	B	0.02%
	KNX	C	0.02%
	CNH	C	0.02%
	EXAS	D	0.02%
	ROKU	D	0.02%
	WYNN	C	0.02%
	FBIN	D	0.02%
	RPRX	D	0.02%
	CRL	D	0.02%
	MKTX	D	0.02%
	WTRG	B	0.02%
	ALLY	C	0.02%
	AES	F	0.02%
	AFG	A	0.02%
	IOT	A	0.02%
	LKQ	F	0.02%
	CTLT	C	0.02%
	CCK	D	0.02%
	ERIE	D	0.02%
	NWSA	A	0.02%
	SNAP	D	0.02%
	Z	A	0.02%
	TAP	C	0.02%
	SJM	D	0.02%
	BXP	C	0.02%
	DKS	D	0.02%
	ALB	B	0.02%
	HEI	A	0.02%
	WPC	C	0.02%
	KMX	B	0.02%
	CG	B	0.02%
	OVV	B	0.02%
	NBIX	C	0.02%
	AMH	C	0.02%
	DAY	B	0.02%
	BMRN	F	0.02%
	UHS	D	0.02%
	OKTA	C	0.02%
	ELS	C	0.02%
	REG	A	0.02%
	SWK	D	0.02%
	CELH	F	0.01%
	WLK	D	0.01%
	UHAL	D	0.01%
	FOX	A	0.01%
	BEN	C	0.01%
	WBA	F	0.01%
	PARA	C	0.01%
	DINO	D	0.01%
	H	B	0.01%
	ACI	C	0.01%
	RIVN	F	0.01%
	BIO	C	0.01%
	BSY	F	0.01%

PBUS Underweight 8 Positions Relative to VSLU

	Symbol	Grade	Weight
	UAL	A	-0.09%
	GL	C	-0.03%
	BWA	D	-0.03%
	CZR	F	-0.02%
	GNRC	C	-0.02%
	RL	C	-0.02%
	FRT	B	-0.01%
	MHK	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

VSLU: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Semiconductors Diagnostics & Research Software - Application Specialty Retail Aerospace & Defense Information Technology Services Oil & Gas E&P Health Care Plans Medical Devices Packaged Foods REIT - Residential Credit Services Drug Manufacturers - Major Integrated Shipping & Logistics Internet Content & Information Beverages - Soft Drinks Biotechnology Building Materials

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Electronics Insurance Natural Gas Real Estate Investment Trust Telecommunications Chemical Medicine Semiconductor Beverage Aerospace Building Materials Mobile Devices Petroleum Industry Plastic Transport Cloud Computing