PFM vs. MODL ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to VictoryShares WestEnd U.S. Sector ETF (MODL)

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

Performance

Period	PFM	MODL
30 Days	2.19%	2.91%
60 Days	2.87%	4.12%
90 Days	5.56%	5.95%
12 Months	26.89%	30.78%

118 Overlapping Holdings

Symbol	Grade	Weight in PFM	Weight in MODL	Overlap
A	D	0.16%	0.13%	0.13%
AAPL	C	3.9%	4.85%	3.9%
ABBV	D	1.27%	1.05%	1.05%
ABT	B	0.88%	0.72%	0.72%
ACN	C	0.95%	0.31%	0.31%
ADI	D	0.45%	0.14%	0.14%
ADM	D	0.11%	0.1%	0.1%
AFL	B	0.27%	0.16%	0.16%
AJG	B	0.28%	0.18%	0.18%
ALL	A	0.23%	0.15%	0.15%
AMGN	D	0.65%	0.54%	0.54%
AMP	A	0.24%	0.31%	0.24%
AON	A	0.36%	0.23%	0.23%
APH	A	0.37%	0.12%	0.12%
AVGO	D	3.32%	1.06%	1.06%
BAC	A	1.56%	1.02%	1.02%
BBY	D	0.08%	0.03%	0.03%
BDX	F	0.28%	0.22%	0.22%
BEN	C	0.05%	0.04%	0.04%
BK	A	0.25%	0.33%	0.25%
BLK	C	0.67%	0.9%	0.67%
BMY	B	0.5%	0.41%	0.41%
BRO	B	0.13%	0.07%	0.07%
CAH	B	0.13%	0.11%	0.11%
CB	C	0.5%	0.33%	0.33%
CBOE	B	0.09%	0.12%	0.09%
CDW	F	0.1%	0.03%	0.03%
CHD	B	0.12%	0.1%	0.1%
CINF	A	0.1%	0.07%	0.07%
CL	D	0.33%	0.28%	0.28%
CLX	B	0.09%	0.08%	0.08%
CMCSA	B	0.72%	0.34%	0.34%
CME	A	0.35%	0.48%	0.35%
COR	B	0.21%	0.15%	0.15%
COST	B	1.76%	1.6%	1.6%
CSCO	B	1.0%	0.31%	0.31%
DFS	B	0.19%	0.12%	0.12%
DGX	A	0.08%	0.07%	0.07%
DHR	F	0.72%	0.54%	0.54%
DPZ	C	0.07%	0.03%	0.03%
ELV	F	0.4%	0.33%	0.33%
FDS	B	0.08%	0.11%	0.08%
FITB	A	0.14%	0.09%	0.09%
GLW	B	0.17%	0.05%	0.05%
GPC	D	0.07%	0.03%	0.03%
GS	A	0.8%	1.05%	0.8%
HD	A	1.76%	0.8%	0.8%
HIG	B	0.15%	0.1%	0.1%
HPQ	B	0.16%	0.05%	0.05%
HRL	D	0.07%	0.03%	0.03%
HSY	F	0.11%	0.09%	0.09%
HUM	C	0.14%	0.12%	0.12%
IBM	C	0.83%	0.26%	0.26%
ICE	C	0.39%	0.52%	0.39%
INTU	C	0.82%	0.35%	0.35%
IPG	D	0.04%	0.02%	0.02%
JKHY	D	0.05%	0.04%	0.04%
JNJ	D	1.61%	1.33%	1.33%
JPM	A	3.01%	1.89%	1.89%
KLAC	D	0.36%	0.12%	0.12%
KMB	D	0.2%	0.17%	0.17%
KO	D	1.15%	0.92%	0.92%
KR	B	0.18%	0.14%	0.14%
LOW	D	0.66%	0.3%	0.3%
MA	C	2.06%	1.21%	1.21%
MCD	D	0.9%	0.4%	0.4%
MCHP	D	0.15%	0.05%	0.05%
MCK	B	0.34%	0.32%	0.32%
MCO	B	0.37%	0.5%	0.37%
MDLZ	F	0.37%	0.27%	0.27%
MDT	D	0.48%	0.4%	0.4%
MET	A	0.25%	0.14%	0.14%
MKC	D	0.08%	0.06%	0.06%
MMC	B	0.48%	0.31%	0.31%
MO	A	0.41%	0.33%	0.33%
MRK	F	1.06%	0.88%	0.88%
MS	A	0.94%	0.94%	0.94%
MSFT	F	3.91%	5.77%	3.91%
MSI	B	0.35%	0.11%	0.11%
NDAQ	A	0.2%	0.15%	0.15%
NKE	D	0.39%	0.17%	0.17%
ORCL	B	2.21%	0.53%	0.53%
PEP	F	0.94%	0.76%	0.76%
PFE	D	0.61%	0.51%	0.51%
PFG	D	0.09%	0.06%	0.06%
PG	A	1.73%	1.54%	1.54%
PM	B	0.88%	0.66%	0.66%
PNC	B	0.35%	0.23%	0.23%
POOL	C	0.06%	0.03%	0.03%
PRU	A	0.2%	0.13%	0.13%
QCOM	F	0.79%	0.25%	0.25%
RF	A	0.1%	0.07%	0.07%
RJF	A	0.15%	0.17%	0.15%
RMD	C	0.15%	0.13%	0.13%
ROP	B	0.26%	0.11%	0.11%
SBUX	A	0.49%	0.21%	0.21%
SPGI	C	0.68%	0.93%	0.68%
STE	F	0.09%	0.07%	0.07%
STT	A	0.12%	0.16%	0.12%
SYK	C	0.64%	0.5%	0.5%
SYY	B	0.16%	0.13%	0.13%
TFC	A	0.27%	0.17%	0.17%
TGT	F	0.31%	0.27%	0.27%
TROW	B	0.11%	0.15%	0.11%
TRV	B	0.26%	0.17%	0.17%
TSCO	D	0.13%	0.06%	0.06%
TSN	B	0.08%	0.06%	0.06%
TXN	C	0.82%	0.26%	0.26%
UNH	C	2.35%	1.99%	1.99%
USB	A	0.34%	0.22%	0.22%
V	A	2.25%	1.47%	1.47%
VZ	C	0.77%	0.37%	0.37%
WBA	F	0.03%	0.02%	0.02%
WMT	A	2.92%	1.32%	1.32%
WRB	A	0.1%	0.05%	0.05%
WSM	B	0.07%	0.03%	0.03%
WST	C	0.1%	0.08%	0.08%
ZTS	D	0.35%	0.29%	0.29%

PFM Overweight 298 Positions Relative to MODL

Symbol	Grade	Weight
XOM	B	2.31%
CVX	A	1.27%
LIN	D	0.93%
CAT	B	0.81%
RTX	C	0.69%
NEE	D	0.68%
HON	B	0.64%
ETN	A	0.62%
UNP	C	0.62%
LMT	D	0.55%
ADP	B	0.53%
PLD	D	0.46%
UPS	C	0.43%
SO	D	0.42%
SHW	A	0.41%
TT	A	0.4%
AMT	D	0.4%
CTAS	B	0.38%
DUK	C	0.38%
WM	A	0.38%
ITW	B	0.35%
GD	F	0.34%
APD	A	0.32%
EMR	A	0.32%
NOC	D	0.31%
MMM	D	0.31%
ECL	D	0.3%
CSX	B	0.29%
EPD	A	0.29%
RSG	A	0.28%
GWW	B	0.25%
SRE	A	0.25%
PSX	C	0.24%
PAYX	C	0.22%
AEP	D	0.22%
MPLX	A	0.21%
O	D	0.21%
CMI	A	0.21%
LHX	C	0.2%
FAST	B	0.2%
PEG	A	0.19%
XEL	A	0.17%
VMC	B	0.16%
EXR	D	0.15%
NUE	C	0.15%
ROK	B	0.14%
EIX	B	0.14%
ED	D	0.14%
XYL	D	0.13%
WEC	A	0.13%
BR	A	0.12%
LYB	F	0.12%
DOV	A	0.12%
PPG	F	0.12%
AEE	A	0.11%
DTE	C	0.11%
AWK	D	0.11%
ES	D	0.1%
ATO	A	0.1%
HUBB	B	0.1%
CSL	C	0.09%
CMS	C	0.09%
PKG	A	0.09%
STLD	B	0.09%
LII	A	0.09%
RPM	A	0.08%
KEY	B	0.08%
BAH	F	0.08%
ARE	D	0.08%
WSO	A	0.08%
MAA	B	0.08%
SNA	A	0.08%
JBHT	C	0.08%
ERIE	D	0.08%
ESS	B	0.08%
GGG	B	0.07%
RGA	A	0.07%
LNT	A	0.07%
AVY	D	0.07%
FIX	A	0.07%
WLK	D	0.07%
NI	A	0.07%
FNF	B	0.07%
MAS	D	0.07%
RS	B	0.07%
EXPD	D	0.07%
IEX	B	0.07%
CHRW	C	0.06%
ELS	C	0.06%
SWK	D	0.06%
UNM	A	0.06%
REG	B	0.06%
RNR	C	0.06%
MORN	B	0.06%
NDSN	B	0.06%
UDR	B	0.06%
EVRG	A	0.06%
HEI	B	0.06%
CASY	A	0.06%
SEIC	B	0.05%
WTRG	B	0.05%
CUBE	D	0.05%
ATR	B	0.05%
EVR	B	0.05%
RRX	B	0.05%
AIZ	A	0.05%
AFG	A	0.05%
SJM	D	0.05%
LECO	B	0.05%
EMN	D	0.05%
ALB	C	0.05%
ITT	A	0.05%
SCI	B	0.05%
ENSG	D	0.04%
EGP	F	0.04%
CHE	D	0.04%
TTC	D	0.04%
OGE	B	0.04%
ZION	B	0.04%
AOS	F	0.04%
WTFC	A	0.04%
CFR	B	0.04%
INGR	B	0.04%
DCI	B	0.04%
REXR	F	0.04%
CBSH	A	0.04%
RGLD	C	0.04%
AES	F	0.04%
ORI	A	0.04%
GL	B	0.04%
MKTX	D	0.04%
LAD	A	0.04%
AIT	A	0.04%
CHDN	B	0.04%
PRI	A	0.04%
PNW	B	0.04%
THG	A	0.03%
TRNO	F	0.03%
THO	B	0.03%
FFIN	B	0.03%
UMBF	B	0.03%
SIGI	C	0.03%
LFUS	F	0.03%
IDA	A	0.03%
CBT	C	0.03%
HOMB	A	0.03%
BMI	B	0.03%
STAG	F	0.03%
MSA	D	0.03%
FAF	A	0.03%
CADE	B	0.03%
FR	C	0.03%
AGCO	D	0.03%
R	B	0.03%
OSK	B	0.03%
AXS	A	0.03%
BOKF	B	0.03%
SSD	D	0.03%
ADC	B	0.03%
RHI	B	0.03%
HII	D	0.03%
NNN	D	0.03%
PB	A	0.03%
SSB	B	0.03%
UFPI	B	0.03%
RLI	B	0.03%
WSFS	A	0.02%
CBU	B	0.02%
PRGO	B	0.02%
SR	A	0.02%
PII	D	0.02%
MGEE	C	0.02%
GFF	A	0.02%
AUB	B	0.02%
MDU	D	0.02%
CCOI	B	0.02%
WDFC	B	0.02%
ASH	D	0.02%
BANF	B	0.02%
ASB	B	0.02%
FUL	F	0.02%
CNO	A	0.02%
BKH	A	0.02%
IBOC	A	0.02%
AVNT	B	0.02%
FLO	D	0.02%
POR	C	0.02%
KAI	A	0.02%
NJR	A	0.02%
AVT	C	0.02%
EXPO	D	0.02%
FELE	B	0.02%
LANC	C	0.02%
SON	D	0.02%
CNS	B	0.02%
NXST	C	0.02%
AGO	B	0.02%
UGI	A	0.02%
TKR	D	0.02%
MATX	C	0.02%
AL	B	0.02%
GATX	A	0.02%
DDS	B	0.02%
OZK	B	0.02%
BC	C	0.02%
SWX	B	0.02%
UBSI	B	0.02%
BCPC	B	0.02%
WTS	B	0.02%
NFG	A	0.02%
SLGN	A	0.02%
MSEX	B	0.01%
GABC	B	0.01%
TR	B	0.01%
UVV	B	0.01%
LNN	B	0.01%
WABC	B	0.01%
NWN	A	0.01%
CSGS	B	0.01%
TCBK	B	0.01%
STBA	B	0.01%
SRCE	B	0.01%
ANDE	D	0.01%
TNC	D	0.01%
HMN	B	0.01%
DKL	C	0.01%
SCL	C	0.01%
GTY	B	0.01%
SJW	D	0.01%
APOG	B	0.01%
LKFN	B	0.01%
NHC	C	0.01%
CHCO	B	0.01%
AGM	C	0.01%
WOR	F	0.01%
WSBC	A	0.01%
SYBT	B	0.01%
HI	C	0.01%
NBTB	B	0.01%
LMAT	A	0.01%
MTRN	C	0.01%
SXI	B	0.01%
HNI	B	0.01%
FRME	B	0.01%
TOWN	B	0.01%
HWKN	B	0.01%
NSP	D	0.01%
ABR	C	0.01%
CPK	A	0.01%
CWT	D	0.01%
WAFD	B	0.01%
IOSP	B	0.01%
MAN	D	0.01%
AVA	A	0.01%
INDB	B	0.01%
SFNC	B	0.01%
TRN	C	0.01%
KWR	C	0.01%
AWR	B	0.01%
BRC	D	0.01%
JJSF	B	0.01%
OTTR	C	0.01%
NWE	B	0.01%
POWI	D	0.01%
FIBK	A	0.01%
ABM	B	0.01%
JOUT	D	0.0%
FLIC	B	0.0%
ARTNA	D	0.0%
HVT	D	0.0%
ODC	C	0.0%
BMRC	B	0.0%
CTO	B	0.0%
YORW	D	0.0%
AROW	B	0.0%
UHT	D	0.0%
THFF	B	0.0%
PLOW	D	0.0%
HIFS	B	0.0%
CASS	B	0.0%
SPTN	D	0.0%
WASH	C	0.0%
MATW	C	0.0%
GSBC	B	0.0%
SMBC	B	0.0%
HY	D	0.0%
MBWM	B	0.0%
HBNC	B	0.0%
MNRO	D	0.0%
FCBC	B	0.0%
HFWA	B	0.0%
SCVL	F	0.0%
PFC	A	0.0%
GRC	A	0.0%
SBSI	B	0.0%
CTBI	B	0.0%
TMP	B	0.0%
AMSF	B	0.0%

PFM Underweight 198 Positions Relative to MODL

Symbol	Grade	Weight
NVDA	C	-4.61%
AMZN	C	-3.64%
META	D	-2.64%
LLY	F	-2.3%
GOOGL	C	-2.21%
GOOG	C	-1.97%
TSLA	B	-1.86%
BRK.A	B	-1.72%
NFLX	A	-0.77%
BX	A	-0.76%
SCHW	B	-0.76%
TMO	F	-0.69%
ISRG	A	-0.69%
WFC	A	-0.69%
BRK.A	B	-0.65%
KKR	A	-0.59%
AXP	A	-0.56%
CRM	B	-0.54%
BSX	B	-0.48%
VRTX	F	-0.44%
DIS	B	-0.43%
ADBE	C	-0.42%
GILD	C	-0.42%
PGR	A	-0.42%
COIN	C	-0.37%
NOW	A	-0.37%
C	A	-0.37%
FI	A	-0.34%
T	A	-0.34%
BKNG	A	-0.32%
AMD	F	-0.32%
CI	F	-0.32%
REGN	F	-0.3%
TJX	A	-0.26%
MSCI	C	-0.26%
CVS	D	-0.24%
TMUS	B	-0.24%
PYPL	B	-0.24%
HCA	F	-0.23%
PANW	C	-0.22%
AMAT	F	-0.2%
COF	B	-0.19%
PLTR	B	-0.19%
ARES	A	-0.18%
APO	B	-0.18%
CRWD	B	-0.16%
KVUE	A	-0.16%
EW	C	-0.15%
MU	D	-0.15%
CDNS	B	-0.15%
INTC	D	-0.15%
CMG	B	-0.15%
SNPS	B	-0.15%
FIS	C	-0.14%
SQ	B	-0.14%
AIG	B	-0.14%
MNST	C	-0.14%
STZ	D	-0.14%
IDXX	F	-0.13%
HLT	A	-0.13%
MAR	B	-0.13%
LRCX	F	-0.13%
GEHC	F	-0.13%
KHC	F	-0.13%
ORLY	B	-0.13%
ANET	C	-0.13%
LPLA	A	-0.13%
MSTR	C	-0.12%
VEEV	C	-0.12%
GIS	D	-0.12%
GM	B	-0.12%
IQV	D	-0.12%
APP	B	-0.12%
NTRS	A	-0.12%
ALNY	D	-0.11%
MRVL	B	-0.11%
DXCM	D	-0.11%
CNC	D	-0.11%
KDP	D	-0.11%
ABNB	C	-0.11%
ADSK	A	-0.11%
TTD	B	-0.11%
FICO	B	-0.1%
MTB	A	-0.1%
ACGL	D	-0.1%
WDAY	B	-0.1%
DASH	A	-0.1%
AZO	C	-0.1%
RCL	A	-0.1%
FTNT	C	-0.1%
DHI	D	-0.09%
MTD	D	-0.09%
ROST	C	-0.09%
WTW	B	-0.09%
CHTR	C	-0.08%
WAT	B	-0.08%
ILMN	D	-0.08%
LEN	D	-0.08%
GPN	B	-0.08%
F	C	-0.08%
BIIB	F	-0.08%
ZBH	C	-0.08%
EA	A	-0.08%
K	A	-0.08%
HUBS	A	-0.07%
PODD	C	-0.07%
TTWO	A	-0.07%
DDOG	A	-0.07%
SYF	B	-0.07%
CPAY	A	-0.07%
DG	F	-0.07%
HBAN	A	-0.07%
LH	C	-0.07%
YUM	B	-0.07%
DLTR	F	-0.06%
SNOW	C	-0.06%
CFG	B	-0.06%
ANSS	B	-0.06%
ALGN	D	-0.06%
LW	C	-0.06%
EBAY	D	-0.06%
BAX	D	-0.06%
FCNCA	A	-0.06%
MKL	A	-0.06%
GRMN	B	-0.06%
EL	F	-0.06%
MOH	F	-0.06%
VTRS	A	-0.06%
TEAM	A	-0.06%
LULU	C	-0.06%
HOLX	D	-0.06%
TYL	B	-0.05%
CCL	B	-0.05%
MRNA	F	-0.05%
AVTR	F	-0.05%
RVTY	F	-0.05%
WBD	C	-0.05%
NVR	D	-0.05%
PHM	D	-0.05%
DELL	C	-0.05%
DECK	A	-0.05%
CTSH	B	-0.05%
INCY	C	-0.05%
IT	C	-0.05%
RBLX	C	-0.05%
RPRX	D	-0.04%
GDDY	A	-0.04%
KEYS	A	-0.04%
DRI	B	-0.04%
LVS	C	-0.04%
PINS	D	-0.04%
MPWR	F	-0.04%
HPE	B	-0.04%
DKNG	B	-0.04%
ON	D	-0.04%
PTC	A	-0.04%
NET	B	-0.04%
OMC	C	-0.04%
LYV	A	-0.04%
BMRN	D	-0.04%
EXPE	B	-0.04%
L	A	-0.04%
DT	C	-0.03%
ZBRA	B	-0.03%
APTV	D	-0.03%
FSLR	F	-0.03%
STX	D	-0.03%
MDB	C	-0.03%
TDY	B	-0.03%
WDC	D	-0.03%
ULTA	F	-0.03%
NTAP	C	-0.03%
EG	C	-0.03%
ZS	C	-0.03%
ZM	B	-0.03%
OKTA	C	-0.02%
SMCI	F	-0.02%
MGM	D	-0.02%
AKAM	D	-0.02%
CELH	F	-0.02%
SWKS	F	-0.02%
JBL	B	-0.02%
CRBG	B	-0.02%
FOXA	B	-0.02%
PSTG	D	-0.02%
ENTG	D	-0.02%
GEN	B	-0.02%
TRMB	B	-0.02%
TER	D	-0.02%
VRSN	F	-0.02%
SNAP	C	-0.02%
MANH	D	-0.01%
NTNX	A	-0.01%
ENPH	F	-0.01%
FOX	A	-0.01%
BSY	D	-0.01%
LEN	D	-0.0%
IOT	A	-0.0%