PFM vs. VYM ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to Vanguard High Dividend Yield ETF - DNQ (VYM)

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

$47.29

Average Daily Volume

24,913

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

VYM

Vanguard High Dividend Yield ETF - DNQ

VYM Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that are characterized by high dividend yield. The fund employs an indexing investment approach designed to track the performance of the FTSE® High Dividend Yield Index, which consists of common stocks of companies that pay dividends that generally are higher than average. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$132.50

Average Daily Volume

773,067

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

Performance

Period	PFM	VYM
30 Days	0.87%	1.79%
60 Days	2.40%	4.33%
90 Days	4.69%	6.06%
12 Months	25.85%	29.30%

229 Overlapping Holdings

	Symbol	Grade	Weight in PFM	Weight in VYM	Overlap
	ABBV	F	1.27%	2.05%	1.27%
	ABM	B	0.01%	0.02%	0.01%
	ABT	B	0.88%	1.11%	0.88%
	ADI	D	0.45%	0.63%	0.45%
	ADM	D	0.11%	0.15%	0.11%
	ADP	A	0.53%	0.67%	0.53%
	AEE	A	0.11%	0.13%	0.11%
	AEP	C	0.22%	0.3%	0.22%
	AES	F	0.04%	0.07%	0.04%
	AFG	A	0.05%	0.05%	0.05%
	AFL	B	0.27%	0.33%	0.27%
	AGCO	D	0.03%	0.04%	0.03%
	AGO	B	0.02%	0.02%	0.02%
	AIZ	A	0.05%	0.06%	0.05%
	AL	B	0.02%	0.03%	0.02%
	ALL	A	0.23%	0.28%	0.23%
	AMGN	F	0.65%	0.97%	0.65%
	AMP	A	0.24%	0.29%	0.24%
	APD	A	0.32%	0.39%	0.32%
	APOG	C	0.01%	0.01%	0.01%
	ASB	B	0.02%	0.02%	0.02%
	ATO	A	0.1%	0.12%	0.1%
	AUB	B	0.02%	0.02%	0.02%
	AVA	A	0.01%	0.02%	0.01%
	AVGO	D	3.32%	4.38%	3.32%
	AVNT	B	0.02%	0.02%	0.02%
	AVT	C	0.02%	0.03%	0.02%
	AWK	C	0.11%	0.15%	0.11%
	AWR	B	0.01%	0.02%	0.01%
	AXS	A	0.03%	0.03%	0.03%
	BAC	A	1.56%	1.61%	1.56%
	BANF	B	0.02%	0.01%	0.01%
	BBY	D	0.08%	0.11%	0.08%
	BC	C	0.02%	0.03%	0.02%
	BCPC	B	0.02%	0.03%	0.02%
	BEN	C	0.05%	0.03%	0.03%
	BK	A	0.25%	0.32%	0.25%
	BKH	A	0.02%	0.02%	0.02%
	BLK	B	0.67%	0.82%	0.67%
	BMY	B	0.5%	0.64%	0.5%
	BOKF	B	0.03%	0.01%	0.01%
	CADE	B	0.03%	0.03%	0.03%
	CAH	B	0.13%	0.15%	0.13%
	CAT	B	0.81%	1.04%	0.81%
	CB	C	0.5%	0.65%	0.5%
	CBSH	B	0.04%	0.04%	0.04%
	CBT	D	0.03%	0.03%	0.03%
	CBU	B	0.02%	0.02%	0.02%
	CCOI	B	0.02%	0.02%	0.02%
	CFR	B	0.04%	0.04%	0.04%
	CHCO	B	0.01%	0.01%	0.01%
	CHRW	B	0.06%	0.07%	0.06%
	CINF	A	0.1%	0.12%	0.1%
	CL	D	0.33%	0.43%	0.33%
	CLX	A	0.09%	0.09%	0.09%
	CMCSA	B	0.72%	0.95%	0.72%
	CME	B	0.35%	0.46%	0.35%
	CMI	A	0.21%	0.25%	0.21%
	CMS	C	0.09%	0.12%	0.09%
	CNO	B	0.02%	0.02%	0.02%
	CNS	B	0.02%	0.02%	0.02%
	CPK	A	0.01%	0.01%	0.01%
	CSCO	B	1.0%	1.26%	1.0%
	CSGS	B	0.01%	0.01%	0.01%
	CVX	A	1.27%	1.41%	1.27%
	CWT	C	0.01%	0.02%	0.01%
	DDS	B	0.02%	0.01%	0.01%
	DFS	B	0.19%	0.21%	0.19%
	DGX	A	0.08%	0.1%	0.08%
	DTE	C	0.11%	0.15%	0.11%
	DUK	C	0.38%	0.5%	0.38%
	ED	C	0.14%	0.2%	0.14%
	EIX	B	0.14%	0.18%	0.14%
	EMN	C	0.05%	0.07%	0.05%
	EMR	B	0.32%	0.35%	0.32%
	ES	C	0.1%	0.13%	0.1%
	ETN	A	0.62%	0.75%	0.62%
	EVR	B	0.05%	0.05%	0.05%
	EVRG	A	0.06%	0.08%	0.06%
	FAF	A	0.03%	0.04%	0.03%
	FAST	B	0.2%	0.25%	0.2%
	FFIN	B	0.03%	0.03%	0.03%
	FIBK	B	0.01%	0.01%	0.01%
	FITB	B	0.14%	0.17%	0.14%
	FLO	D	0.02%	0.02%	0.02%
	FNF	B	0.07%	0.09%	0.07%
	FRME	B	0.01%	0.01%	0.01%
	GATX	A	0.02%	0.03%	0.02%
	GD	D	0.34%	0.45%	0.34%
	GLW	B	0.17%	0.21%	0.17%
	GPC	D	0.07%	0.09%	0.07%
	GS	A	0.8%	0.93%	0.8%
	HD	B	1.76%	2.21%	1.76%
	HI	C	0.01%	0.01%	0.01%
	HIG	B	0.15%	0.18%	0.15%
	HII	F	0.03%	0.04%	0.03%
	HMN	B	0.01%	0.01%	0.01%
	HNI	B	0.01%	0.01%	0.01%
	HOMB	A	0.03%	0.03%	0.03%
	HON	C	0.64%	0.76%	0.64%
	HPQ	B	0.16%	0.2%	0.16%
	HRL	D	0.07%	0.05%	0.05%
	HSY	F	0.11%	0.15%	0.11%
	HUBB	B	0.1%	0.13%	0.1%
	IBM	C	0.83%	0.98%	0.83%
	IBOC	B	0.02%	0.02%	0.02%
	IDA	A	0.03%	0.03%	0.03%
	INDB	B	0.01%	0.01%	0.01%
	INGR	C	0.04%	0.05%	0.04%
	IPG	D	0.04%	0.06%	0.04%
	ITW	B	0.35%	0.44%	0.35%
	JJSF	C	0.01%	0.01%	0.01%
	JNJ	C	1.61%	2.19%	1.61%
	JPM	A	3.01%	3.61%	3.01%
	KEY	B	0.08%	0.09%	0.08%
	KMB	C	0.2%	0.26%	0.2%
	KO	D	1.15%	1.44%	1.15%
	KR	B	0.18%	0.21%	0.18%
	LANC	C	0.02%	0.02%	0.02%
	LHX	C	0.2%	0.27%	0.2%
	LMT	D	0.55%	0.66%	0.55%
	LNT	A	0.07%	0.09%	0.07%
	LOW	C	0.66%	0.85%	0.66%
	LYB	F	0.12%	0.13%	0.12%
	MAN	F	0.01%	0.02%	0.01%
	MCD	D	0.9%	1.19%	0.9%
	MCHP	F	0.15%	0.22%	0.15%
	MDLZ	F	0.37%	0.52%	0.37%
	MDT	D	0.48%	0.65%	0.48%
	MDU	D	0.02%	0.03%	0.02%
	MET	A	0.25%	0.26%	0.25%
	MGEE	B	0.02%	0.02%	0.02%
	MKC	C	0.08%	0.11%	0.08%
	MMM	D	0.31%	0.4%	0.31%
	MO	A	0.41%	0.53%	0.41%
	MRK	D	1.06%	1.47%	1.06%
	MS	A	0.94%	0.76%	0.76%
	NBTB	B	0.01%	0.01%	0.01%
	NEE	C	0.68%	0.92%	0.68%
	NFG	A	0.02%	0.03%	0.02%
	NI	A	0.07%	0.09%	0.07%
	NJR	A	0.02%	0.03%	0.02%
	NSP	F	0.01%	0.02%	0.01%
	NWE	B	0.01%	0.02%	0.01%
	NWN	A	0.01%	0.01%	0.01%
	NXST	C	0.02%	0.03%	0.02%
	OGE	A	0.04%	0.05%	0.04%
	ORI	A	0.04%	0.05%	0.04%
	OSK	C	0.03%	0.04%	0.03%
	OTTR	C	0.01%	0.02%	0.01%
	OZK	B	0.02%	0.03%	0.02%
	PAYX	B	0.22%	0.25%	0.22%
	PB	B	0.03%	0.04%	0.03%
	PEG	A	0.19%	0.25%	0.19%
	PEP	F	0.94%	1.29%	0.94%
	PFE	F	0.61%	0.91%	0.61%
	PFG	D	0.09%	0.11%	0.09%
	PG	C	1.73%	2.21%	1.73%
	PII	F	0.02%	0.02%	0.02%
	PKG	A	0.09%	0.11%	0.09%
	PM	B	0.88%	1.17%	0.88%
	PNC	B	0.35%	0.42%	0.35%
	PNW	A	0.04%	0.06%	0.04%
	POR	C	0.02%	0.03%	0.02%
	PPG	F	0.12%	0.16%	0.12%
	PRGO	C	0.02%	0.02%	0.02%
	PRU	A	0.2%	0.25%	0.2%
	PSX	C	0.24%	0.29%	0.24%
	QCOM	F	0.79%	1.03%	0.79%
	R	B	0.03%	0.04%	0.03%
	RF	A	0.1%	0.12%	0.1%
	RGA	A	0.07%	0.08%	0.07%
	RHI	C	0.03%	0.04%	0.03%
	RLI	A	0.03%	0.04%	0.03%
	ROK	C	0.14%	0.17%	0.14%
	RPM	A	0.08%	0.09%	0.08%
	RS	B	0.07%	0.09%	0.07%
	RTX	D	0.69%	0.91%	0.69%
	SBUX	A	0.49%	0.63%	0.49%
	SFNC	C	0.01%	0.02%	0.01%
	SJM	D	0.05%	0.07%	0.05%
	SJW	F	0.01%	0.01%	0.01%
	SNA	A	0.08%	0.1%	0.08%
	SO	C	0.42%	0.57%	0.42%
	SON	F	0.02%	0.03%	0.02%
	SR	A	0.02%	0.02%	0.02%
	SRCE	B	0.01%	0.01%	0.01%
	SRE	A	0.25%	0.3%	0.25%
	SSB	B	0.03%	0.04%	0.03%
	STBA	B	0.01%	0.01%	0.01%
	STT	B	0.12%	0.16%	0.12%
	SWK	D	0.06%	0.08%	0.06%
	SWX	B	0.02%	0.03%	0.02%
	SYBT	B	0.01%	0.01%	0.01%
	SYY	D	0.16%	0.21%	0.16%
	TFC	A	0.27%	0.33%	0.27%
	TGT	F	0.31%	0.39%	0.31%
	THG	A	0.03%	0.03%	0.03%
	TNC	D	0.01%	0.01%	0.01%
	TOWN	B	0.01%	0.01%	0.01%
	TRN	B	0.01%	0.02%	0.01%
	TROW	B	0.11%	0.14%	0.11%
	TRV	B	0.26%	0.32%	0.26%
	TSN	B	0.08%	0.09%	0.08%
	TXN	C	0.82%	1.05%	0.82%
	UBSI	B	0.02%	0.03%	0.02%
	UGI	C	0.02%	0.03%	0.02%
	UMBF	B	0.03%	0.03%	0.03%
	UNM	A	0.06%	0.07%	0.06%
	UNP	C	0.62%	0.8%	0.62%
	UPS	C	0.43%	0.55%	0.43%
	USB	A	0.34%	0.37%	0.34%
	UVV	B	0.01%	0.01%	0.01%
	VZ	C	0.77%	1.01%	0.77%
	WABC	B	0.01%	0.01%	0.01%
	WAFD	B	0.01%	0.01%	0.01%
	WBA	F	0.03%	0.04%	0.03%
	WEC	A	0.13%	0.17%	0.13%
	WM	B	0.38%	0.49%	0.38%
	WMT	A	2.92%	2.02%	2.02%
	WOR	F	0.01%	0.01%	0.01%
	WRB	A	0.1%	0.1%	0.1%
	WSBC	B	0.01%	0.01%	0.01%
	WSM	C	0.07%	0.1%	0.07%
	WSO	A	0.08%	0.09%	0.08%
	WTRG	B	0.05%	0.06%	0.05%
	XEL	A	0.17%	0.21%	0.17%
	XOM	B	2.31%	2.97%	2.31%
	ZION	B	0.04%	0.04%	0.04%

PFM Overweight 187 Positions Relative to VYM

	Symbol	Grade	Weight
	MSFT	D	3.91%
	AAPL	C	3.9%
	UNH	B	2.35%
	V	A	2.25%
	ORCL	A	2.21%
	MA	B	2.06%
	COST	A	1.76%
	ACN	B	0.95%
	LIN	C	0.93%
	INTU	B	0.82%
	DHR	F	0.72%
	SPGI	C	0.68%
	SYK	B	0.64%
	MMC	B	0.48%
	PLD	F	0.46%
	SHW	B	0.41%
	TT	A	0.4%
	ELV	F	0.4%
	AMT	C	0.4%
	NKE	F	0.39%
	ICE	C	0.39%
	CTAS	B	0.38%
	APH	A	0.37%
	MCO	B	0.37%
	AON	A	0.36%
	KLAC	F	0.36%
	ZTS	D	0.35%
	MSI	B	0.35%
	MCK	A	0.34%
	NOC	D	0.31%
	ECL	D	0.3%
	CSX	C	0.29%
	EPD	A	0.29%
	AJG	A	0.28%
	BDX	F	0.28%
	RSG	A	0.28%
	ROP	B	0.26%
	GWW	B	0.25%
	COR	B	0.21%
	MPLX	A	0.21%
	O	C	0.21%
	NDAQ	A	0.2%
	A	D	0.16%
	VMC	B	0.16%
	RJF	A	0.15%
	EXR	C	0.15%
	RMD	C	0.15%
	NUE	C	0.15%
	HUM	C	0.14%
	TSCO	D	0.13%
	XYL	D	0.13%
	BRO	B	0.13%
	BR	A	0.12%
	CHD	A	0.12%
	DOV	A	0.12%
	WST	C	0.1%
	CDW	F	0.1%
	CSL	C	0.09%
	STE	D	0.09%
	CBOE	C	0.09%
	STLD	B	0.09%
	LII	A	0.09%
	BAH	F	0.08%
	ARE	F	0.08%
	FDS	B	0.08%
	MAA	B	0.08%
	JBHT	C	0.08%
	ERIE	D	0.08%
	ESS	B	0.08%
	GGG	B	0.07%
	DPZ	C	0.07%
	AVY	F	0.07%
	FIX	A	0.07%
	WLK	D	0.07%
	MAS	D	0.07%
	EXPD	C	0.07%
	IEX	C	0.07%
	ELS	C	0.06%
	REG	A	0.06%
	POOL	C	0.06%
	RNR	C	0.06%
	MORN	B	0.06%
	NDSN	B	0.06%
	UDR	B	0.06%
	HEI	A	0.06%
	CASY	A	0.06%
	SEIC	B	0.05%
	CUBE	C	0.05%
	ATR	B	0.05%
	RRX	B	0.05%
	LECO	C	0.05%
	ALB	B	0.05%
	ITT	A	0.05%
	SCI	B	0.05%
	JKHY	D	0.05%
	ENSG	C	0.04%
	EGP	D	0.04%
	CHE	D	0.04%
	TTC	C	0.04%
	AOS	F	0.04%
	WTFC	A	0.04%
	DCI	B	0.04%
	REXR	F	0.04%
	RGLD	C	0.04%
	GL	C	0.04%
	MKTX	D	0.04%
	LAD	A	0.04%
	AIT	B	0.04%
	CHDN	B	0.04%
	PRI	B	0.04%
	TRNO	F	0.03%
	THO	B	0.03%
	SIGI	C	0.03%
	LFUS	D	0.03%
	BMI	B	0.03%
	STAG	D	0.03%
	MSA	F	0.03%
	FR	D	0.03%
	SSD	F	0.03%
	ADC	A	0.03%
	NNN	C	0.03%
	UFPI	C	0.03%
	WSFS	B	0.02%
	GFF	A	0.02%
	WDFC	B	0.02%
	ASH	F	0.02%
	FUL	F	0.02%
	KAI	B	0.02%
	EXPO	D	0.02%
	FELE	B	0.02%
	TKR	D	0.02%
	MATX	C	0.02%
	WTS	B	0.02%
	SLGN	A	0.02%
	MSEX	C	0.01%
	GABC	B	0.01%
	TR	B	0.01%
	LNN	B	0.01%
	TCBK	C	0.01%
	ANDE	D	0.01%
	DKL	C	0.01%
	SCL	C	0.01%
	GTY	A	0.01%
	LKFN	C	0.01%
	NHC	C	0.01%
	AGM	B	0.01%
	LMAT	A	0.01%
	MTRN	C	0.01%
	SXI	B	0.01%
	HWKN	B	0.01%
	ABR	C	0.01%
	IOSP	C	0.01%
	KWR	C	0.01%
	BRC	D	0.01%
	POWI	F	0.01%
	JOUT	F	0.0%
	FLIC	B	0.0%
	ARTNA	F	0.0%
	HVT	D	0.0%
	ODC	B	0.0%
	BMRC	B	0.0%
	CTO	B	0.0%
	YORW	F	0.0%
	AROW	B	0.0%
	UHT	D	0.0%
	THFF	B	0.0%
	PLOW	D	0.0%
	HIFS	C	0.0%
	CASS	C	0.0%
	SPTN	D	0.0%
	WASH	C	0.0%
	MATW	C	0.0%
	GSBC	C	0.0%
	SMBC	B	0.0%
	HY	D	0.0%
	MBWM	B	0.0%
	HBNC	B	0.0%
	MNRO	D	0.0%
	FCBC	C	0.0%
	HFWA	C	0.0%
	SCVL	F	0.0%
	PFC	B	0.0%
	GRC	A	0.0%
	SBSI	C	0.0%
	CTBI	B	0.0%
	TMP	B	0.0%
	AMSF	B	0.0%

PFM Underweight 300 Positions Relative to VYM

	Symbol	Grade	Weight
	WFC	A	-1.29%
	T	A	-0.92%
	PGR	A	-0.8%
	COP	C	-0.73%
	C	A	-0.7%
	BX	A	-0.67%
	GILD	C	-0.63%
	CI	D	-0.5%
	APO	B	-0.42%
	EOG	A	-0.4%
	CVS	D	-0.4%
	WMB	A	-0.36%
	FDX	B	-0.35%
	NXPI	D	-0.34%
	OKE	A	-0.32%
	NSC	B	-0.32%
	SLB	C	-0.32%
	NEM	D	-0.3%
	PCAR	B	-0.3%
	JCI	B	-0.29%
	FIS	C	-0.29%
	MPC	D	-0.29%
	AIG	B	-0.28%
	D	C	-0.28%
	KMI	A	-0.27%
	VST	A	-0.24%
	F	C	-0.23%
	VLO	C	-0.23%
	GIS	D	-0.22%
	BKR	A	-0.22%
	EXC	C	-0.22%
	TRGP	A	-0.21%
	KDP	F	-0.21%
	YUM	D	-0.21%
	DD	C	-0.2%
	DOW	F	-0.2%
	ETR	B	-0.19%
	FANG	C	-0.19%
	MTB	A	-0.18%
	KHC	F	-0.17%
	ARES	A	-0.17%
	GRMN	B	-0.17%
	EBAY	D	-0.16%
	PPL	A	-0.14%
	FE	C	-0.14%
	DVN	F	-0.14%
	HAL	C	-0.14%
	HPE	B	-0.14%
	IFF	D	-0.14%
	HBAN	A	-0.13%
	NTAP	C	-0.13%
	K	A	-0.12%
	EQT	B	-0.12%
	SYF	B	-0.12%
	CNP	A	-0.11%
	NRG	B	-0.11%
	CFG	B	-0.11%
	DRI	B	-0.11%
	IP	A	-0.11%
	STX	C	-0.11%
	OMC	C	-0.11%
	NTRS	A	-0.11%
	CTRA	B	-0.1%
	BAX	F	-0.1%
	LUV	C	-0.1%
	EG	C	-0.09%
	MRO	B	-0.09%
	CCEP	C	-0.09%
	GEN	B	-0.09%
	EL	F	-0.09%
	EWBC	A	-0.08%
	VTRS	A	-0.08%
	CAG	F	-0.08%
	SWKS	F	-0.08%
	EQH	C	-0.08%
	CF	A	-0.08%
	BG	D	-0.07%
	NVT	B	-0.07%
	BAP	A	-0.07%
	JNPR	D	-0.07%
	CNH	C	-0.06%
	DOX	D	-0.06%
	SF	B	-0.06%
	OVV	B	-0.06%
	RPRX	D	-0.06%
	TPR	B	-0.06%
	DKS	D	-0.06%
	CG	B	-0.06%
	CE	F	-0.06%
	JEF	A	-0.06%
	RL	C	-0.05%
	BERY	C	-0.05%
	FMC	D	-0.05%
	CRBG	B	-0.05%
	VOYA	B	-0.05%
	HRB	D	-0.05%
	CMA	B	-0.05%
	APA	D	-0.05%
	MOS	F	-0.05%
	DTM	A	-0.05%
	WBS	A	-0.05%
	PR	B	-0.05%
	WAL	B	-0.05%
	CPB	D	-0.05%
	HLI	A	-0.05%
	HAS	D	-0.05%
	FHN	A	-0.05%
	SCCO	F	-0.05%
	TAP	C	-0.05%
	FOXA	A	-0.05%
	ALLY	C	-0.05%
	LKQ	F	-0.05%
	ESNT	F	-0.04%
	MTN	C	-0.04%
	IVZ	B	-0.04%
	BPOP	C	-0.04%
	BBWI	C	-0.04%
	MTG	C	-0.04%
	SIRI	C	-0.04%
	ALV	C	-0.04%
	WH	B	-0.04%
	FLS	B	-0.04%
	CRS	B	-0.04%
	RRC	B	-0.04%
	XP	F	-0.04%
	SNV	C	-0.04%
	VFC	C	-0.04%
	JXN	C	-0.04%
	ACI	C	-0.04%
	CHRD	D	-0.04%
	HWC	B	-0.03%
	MUR	D	-0.03%
	MC	C	-0.03%
	SLM	A	-0.03%
	KTB	B	-0.03%
	OGN	F	-0.03%
	AM	A	-0.03%
	CIVI	D	-0.03%
	PIPR	A	-0.03%
	PARA	C	-0.03%
	FNB	A	-0.03%
	FOX	A	-0.03%
	RDN	D	-0.03%
	SEE	C	-0.03%
	JHG	B	-0.03%
	LEA	F	-0.03%
	WHR	B	-0.03%
	OMF	A	-0.03%
	TPG	A	-0.03%
	GBCI	B	-0.03%
	LNC	C	-0.03%
	COLB	B	-0.03%
	ONB	C	-0.03%
	DINO	D	-0.03%
	CXT	C	-0.02%
	VAC	C	-0.02%
	CC	C	-0.02%
	STNG	F	-0.02%
	LCII	C	-0.02%
	APAM	B	-0.02%
	MGRC	B	-0.02%
	PAG	B	-0.02%
	TGNA	B	-0.02%
	BOH	B	-0.02%
	TDS	B	-0.02%
	PBF	D	-0.02%
	PTEN	C	-0.02%
	SLVM	B	-0.02%
	FBP	C	-0.02%
	EBC	B	-0.02%
	SXT	C	-0.02%
	FHB	B	-0.02%
	CATY	B	-0.02%
	TNL	A	-0.02%
	YOU	D	-0.02%
	HP	C	-0.02%
	SHOO	F	-0.02%
	FULT	A	-0.02%
	WEN	D	-0.02%
	AROC	A	-0.02%
	BTU	B	-0.02%
	UCB	A	-0.02%
	IRDM	D	-0.02%
	SEM	B	-0.02%
	WD	D	-0.02%
	GLNG	C	-0.02%
	CALM	A	-0.02%
	NOG	B	-0.02%
	CRC	A	-0.02%
	DNB	B	-0.02%
	HUN	F	-0.02%
	KFY	B	-0.02%
	MSM	C	-0.02%
	WU	F	-0.02%
	NWL	C	-0.02%
	ALE	A	-0.02%
	SMG	C	-0.02%
	KMPR	A	-0.02%
	HOG	D	-0.02%
	PNM	B	-0.02%
	OGS	A	-0.02%
	VLY	B	-0.02%
	GAP	C	-0.02%
	SFBS	C	-0.02%
	M	F	-0.02%
	MGY	A	-0.02%
	CWEN	C	-0.01%
	XRX	F	-0.01%
	JACK	C	-0.01%
	DK	C	-0.01%
	DAN	D	-0.01%
	WMK	C	-0.01%
	CNA	C	-0.01%
	CBRL	C	-0.01%
	OXM	F	-0.01%
	KLG	B	-0.01%
	FDP	B	-0.01%
	SCS	C	-0.01%
	UI	B	-0.01%
	NAVI	F	-0.01%
	SAFT	B	-0.01%
	BHLB	B	-0.01%
	KALU	C	-0.01%
	KW	C	-0.01%
	EIG	B	-0.01%
	SFL	D	-0.01%
	BKE	B	-0.01%
	BLMN	F	-0.01%
	HOPE	C	-0.01%
	HTH	C	-0.01%
	WT	A	-0.01%
	TROX	D	-0.01%
	VRTS	B	-0.01%
	SASR	B	-0.01%
	REYN	D	-0.01%
	AY	A	-0.01%
	BHE	C	-0.01%
	WKC	C	-0.01%
	UPBD	B	-0.01%
	MLKN	F	-0.01%
	WGO	C	-0.01%
	GEF	A	-0.01%
	LEG	F	-0.01%
	LZB	B	-0.01%
	FCF	B	-0.01%
	PDCO	F	-0.01%
	HEES	C	-0.01%
	NWBI	B	-0.01%
	NTB	B	-0.01%
	PZZA	F	-0.01%
	WLY	B	-0.01%
	MCY	A	-0.01%
	GBX	A	-0.01%
	SBLK	F	-0.01%
	STRA	C	-0.01%
	CABO	B	-0.01%
	CRI	F	-0.01%
	KMT	B	-0.01%
	PHIN	A	-0.01%
	NMRK	C	-0.01%
	KSS	F	-0.01%
	TRMK	C	-0.01%
	IBTX	B	-0.01%
	RNST	B	-0.01%
	PINC	B	-0.01%
	AAP	D	-0.01%
	VSH	F	-0.01%
	B	A	-0.01%
	BANR	B	-0.01%
	CAKE	C	-0.01%
	SBCF	B	-0.01%
	JWN	D	-0.01%
	ENR	B	-0.01%
	ADTN	A	-0.01%
	IGT	F	-0.01%
	PFS	B	-0.01%
	CWEN	C	-0.01%
	NOMD	D	-0.01%
	FFBC	B	-0.01%
	PPBI	C	-0.01%
	SPB	C	-0.01%
	BFH	C	-0.01%
	PRK	B	-0.01%
	HTLF	B	-0.01%
	RRR	F	-0.01%
	AGR	A	-0.01%
	VIRT	A	-0.01%
	CVBF	A	-0.01%
	ARCH	B	-0.01%
	BKU	A	-0.01%
	GES	F	-0.0%
	CVI	F	-0.0%
	NFE	D	-0.0%
	RBCAA	B	-0.0%
	SCHL	F	-0.0%
	TFSL	A	-0.0%
	FG	A	-0.0%
	SSTK	F	-0.0%
	DLX	B	-0.0%
	MATV	D	-0.0%

PFM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Specialty Chemicals Utilities - Regulated Electric Insurance - Property & Casualty Business Services Asset Management Capital Markets Insurance - Life REIT - Industrial Utilities - Diversified Utilities - Regulated Gas Utilities - Regulated Water Packaged Foods Aerospace & Defense Drug Manufacturers - Major Semiconductors Tools & Accessories Building Materials Household & Personal Products

Keywords: S&P 500 Bank Banking Insurance Natural Gas Chemical Electricity Nasdaq 100 Mining Insurance Products Deposit Products Dow Jones Component Electronics Commercial Banking Real Estate Investment Trust Plastic Trust Services Disability Financial Products Aerospace

VYM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Asset Management Utilities - Regulated Electric Oil & Gas E&P Packaged Foods Insurance - Property & Casualty Utilities - Diversified Utilities - Regulated Gas Diversified Industrials Restaurants Specialty Chemicals Insurance - Life Oil & Gas Refining & Marketing Semiconductors Capital Markets Chemicals Credit Services Drug Manufacturers - Major Insurance - Diversified Packaging & Containers

Keywords: S&P 500 Bank Banking Natural Gas Insurance Deposit Products Electricity Commercial Banking Nasdaq 100 Real Estate Loans Investment Bank Investment Management Insurance Products Mining Chemical Commercial Bank Life Insurance Trust Services Cash Management Electronics