PRF vs. DIVB ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to iShares U.S. Dividend and Buyback ETF (DIVB)

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$42.42

Average Daily Volume

211,779

Number of Holdings ^*

982

* may have additional holdings in another (foreign) market

DIVB

iShares U.S. Dividend and Buyback ETF

DIVB Description

The investment seeks to track the investment results of the Morningstar® US Dividend and Buyback IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index. The underlying index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks.

Grade (RS Rating)

Last Trade

$50.54

Average Daily Volume

83,520

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	PRF	DIVB
30 Days	2.81%	2.00%
60 Days	4.61%	4.81%
90 Days	6.08%	6.56%
12 Months	29.30%	34.69%

378 Overlapping Holdings

	Symbol	Grade	Weight in PRF	Weight in DIVB	Overlap
	AAP	D	0.02%	0.02%	0.02%
	ABBV	F	0.57%	1.1%	0.57%
	ABM	B	0.02%	0.02%	0.02%
	ABT	B	0.32%	0.52%	0.32%
	ACI	C	0.07%	0.02%	0.02%
	ACN	B	0.25%	3.56%	0.25%
	ADP	A	0.14%	0.38%	0.14%
	AEE	A	0.09%	0.04%	0.04%
	AEO	F	0.01%	0.02%	0.01%
	AEP	C	0.2%	0.1%	0.1%
	AES	F	0.05%	0.04%	0.04%
	AFG	A	0.05%	0.03%	0.03%
	AFL	B	0.2%	0.38%	0.2%
	AGNC	C	0.02%	0.0%	0.0%
	AGO	B	0.02%	0.05%	0.02%
	AGR	A	0.02%	0.01%	0.01%
	AIG	B	0.31%	0.57%	0.31%
	AIZ	A	0.04%	0.04%	0.04%
	ALE	A	0.02%	0.02%	0.02%
	ALL	A	0.2%	0.19%	0.19%
	ALLY	C	0.08%	0.07%	0.07%
	ALV	C	0.03%	0.05%	0.03%
	AM	A	0.01%	0.03%	0.01%
	AMGN	F	0.32%	0.43%	0.32%
	AMH	C	0.02%	0.01%	0.01%
	AMP	A	0.1%	0.37%	0.1%
	AMT	C	0.15%	0.25%	0.15%
	AOS	F	0.01%	0.05%	0.01%
	APA	D	0.04%	0.08%	0.04%
	APAM	B	0.01%	0.02%	0.01%
	APD	A	0.16%	0.18%	0.16%
	APLE	B	0.02%	0.02%	0.02%
	ARCH	B	0.01%	0.03%	0.01%
	ARES	A	0.02%	0.06%	0.02%
	ASB	B	0.02%	0.02%	0.02%
	ASH	F	0.01%	0.03%	0.01%
	AVA	A	0.02%	0.0%	0.0%
	AVB	B	0.08%	0.07%	0.07%
	AVNT	B	0.02%	0.01%	0.01%
	AVT	C	0.04%	0.17%	0.04%
	AWK	C	0.05%	0.05%	0.05%
	AXS	A	0.03%	0.02%	0.02%
	BAC	A	1.37%	1.46%	1.37%
	BAX	F	0.05%	0.05%	0.05%
	BBY	D	0.14%	0.11%	0.11%
	BC	C	0.02%	0.05%	0.02%
	BEN	C	0.04%	0.05%	0.04%
	BERY	C	0.04%	0.05%	0.04%
	BG	D	0.1%	0.08%	0.08%
	BK	A	0.27%	0.4%	0.27%
	BKH	A	0.02%	0.01%	0.01%
	BKR	A	0.12%	0.15%	0.12%
	BLK	B	0.33%	0.63%	0.33%
	BMY	B	0.42%	1.09%	0.42%
	BOKF	B	0.01%	0.02%	0.01%
	BPOP	C	0.03%	0.03%	0.03%
	BRX	A	0.03%	0.03%	0.03%
	BTU	B	0.02%	0.02%	0.02%
	BX	A	0.13%	0.4%	0.13%
	BXP	C	0.06%	0.07%	0.06%
	BYD	B	0.01%	0.05%	0.01%
	C	A	1.14%	0.67%	0.67%
	CADE	B	0.02%	0.0%	0.0%
	CAG	F	0.07%	0.06%	0.06%
	CAH	B	0.29%	0.2%	0.2%
	CAT	B	0.34%	1.1%	0.34%
	CATY	B	0.02%	0.01%	0.01%
	CBSH	B	0.02%	0.03%	0.02%
	CC	C	0.02%	0.03%	0.02%
	CCI	C	0.12%	0.24%	0.12%
	CDP	C	0.02%	0.02%	0.02%
	CF	A	0.06%	0.15%	0.06%
	CFG	B	0.16%	0.19%	0.16%
	CFR	B	0.02%	0.04%	0.02%
	CG	B	0.03%	0.07%	0.03%
	CHRD	D	0.02%	0.07%	0.02%
	CHRW	B	0.08%	0.09%	0.08%
	CI	D	0.37%	0.68%	0.37%
	CINF	A	0.08%	0.08%	0.08%
	CIVI	D	0.01%	0.04%	0.01%
	CL	D	0.13%	0.26%	0.13%
	CLX	A	0.05%	0.06%	0.05%
	CMA	B	0.06%	0.05%	0.05%
	CME	B	0.14%	0.34%	0.14%
	CMI	A	0.15%	0.12%	0.12%
	CMS	C	0.07%	0.03%	0.03%
	CNH	C	0.05%	0.1%	0.05%
	CNO	B	0.03%	0.03%	0.03%
	CNP	A	0.07%	0.06%	0.06%
	CNXC	F	0.01%	0.04%	0.01%
	COF	C	0.41%	0.2%	0.2%
	COLB	B	0.02%	0.04%	0.02%
	COLD	D	0.02%	0.02%	0.02%
	COP	C	0.42%	0.85%	0.42%
	CPB	D	0.03%	0.03%	0.03%
	CPT	B	0.04%	0.05%	0.04%
	CRC	A	0.01%	0.02%	0.01%
	CSCO	B	0.64%	5.42%	0.64%
	CSX	C	0.14%	0.45%	0.14%
	CTRA	B	0.07%	0.12%	0.07%
	CTSH	B	0.1%	0.89%	0.1%
	CUBE	C	0.02%	0.04%	0.02%
	CUZ	B	0.02%	0.02%	0.02%
	CVS	D	0.53%	0.65%	0.53%
	CVX	A	1.16%	2.17%	1.16%
	D	C	0.26%	0.13%	0.13%
	DE	B	0.22%	0.69%	0.22%
	DFS	B	0.2%	0.3%	0.2%
	DG	F	0.05%	0.13%	0.05%
	DGX	A	0.07%	0.08%	0.07%
	DKS	D	0.03%	0.07%	0.03%
	DOC	C	0.07%	0.08%	0.07%
	DOW	F	0.18%	0.25%	0.18%
	DRI	B	0.05%	0.11%	0.05%
	DTE	C	0.1%	0.02%	0.02%
	DTM	A	0.03%	0.03%	0.03%
	DUK	C	0.4%	0.31%	0.31%
	DVN	F	0.1%	0.16%	0.1%
	EBAY	D	0.09%	0.23%	0.09%
	ED	C	0.15%	0.15%	0.15%
	EIX	B	0.14%	0.12%	0.12%
	EL	F	0.02%	0.06%	0.02%
	ELS	C	0.02%	0.03%	0.02%
	EMN	C	0.06%	0.07%	0.06%
	EMR	B	0.15%	0.33%	0.15%
	EOG	A	0.27%	0.29%	0.27%
	EPR	C	0.02%	0.02%	0.02%
	EQH	C	0.06%	0.02%	0.02%
	EQR	C	0.08%	0.09%	0.08%
	ES	C	0.11%	0.08%	0.08%
	ESNT	F	0.02%	0.02%	0.02%
	ESS	B	0.05%	0.07%	0.05%
	ETR	B	0.15%	0.05%	0.05%
	EVR	B	0.02%	0.07%	0.02%
	EVRG	A	0.08%	0.06%	0.06%
	EWBC	A	0.04%	0.06%	0.04%
	EXC	C	0.2%	0.15%	0.15%
	EXPD	C	0.04%	0.16%	0.04%
	EXR	C	0.04%	0.11%	0.04%
	F	C	0.39%	0.31%	0.31%
	FAF	A	0.04%	0.04%	0.04%
	FANG	C	0.08%	0.23%	0.08%
	FAST	B	0.06%	0.12%	0.06%
	FDX	B	0.31%	0.3%	0.3%
	FE	C	0.1%	0.08%	0.08%
	FHB	B	0.02%	0.02%	0.02%
	FHN	A	0.05%	0.07%	0.05%
	FIS	C	0.15%	1.88%	0.15%
	FITB	B	0.14%	0.14%	0.14%
	FLO	D	0.02%	0.02%	0.02%
	FMC	D	0.03%	0.03%	0.03%
	FNB	A	0.03%	0.02%	0.02%
	FNF	B	0.07%	0.06%	0.06%
	FR	D	0.01%	0.02%	0.01%
	FRT	B	0.02%	0.02%	0.02%
	G	B	0.02%	0.16%	0.02%
	GAP	C	0.03%	0.02%	0.02%
	GBCI	B	0.02%	0.02%	0.02%
	GEF	A	0.01%	0.01%	0.01%
	GEF	A	0.01%	0.0%	0.0%
	GEN	B	0.06%	0.56%	0.06%
	GILD	C	0.37%	0.55%	0.37%
	GIS	D	0.13%	0.27%	0.13%
	GLPI	C	0.03%	0.03%	0.03%
	GLW	B	0.12%	0.53%	0.12%
	GPC	D	0.05%	0.07%	0.05%
	GPN	B	0.07%	0.19%	0.07%
	GS	A	0.78%	1.36%	0.78%
	HAS	D	0.04%	0.04%	0.04%
	HBAN	A	0.12%	0.12%	0.12%
	HD	B	0.73%	1.57%	0.73%
	HIG	B	0.14%	0.21%	0.14%
	HII	F	0.02%	0.02%	0.02%
	HOG	D	0.02%	0.04%	0.02%
	HOMB	A	0.02%	0.03%	0.02%
	HON	C	0.3%	0.66%	0.3%
	HP	C	0.02%	0.03%	0.02%
	HPE	B	0.19%	0.74%	0.19%
	HPQ	B	0.19%	1.24%	0.19%
	HRB	D	0.02%	0.06%	0.02%
	HRI	C	0.02%	0.03%	0.02%
	HRL	D	0.03%	0.03%	0.03%
	HST	C	0.04%	0.07%	0.04%
	HSY	F	0.04%	0.11%	0.04%
	HWC	B	0.02%	0.02%	0.02%
	IBM	C	0.53%	3.51%	0.53%
	IDA	A	0.02%	0.02%	0.02%
	IFF	D	0.08%	0.05%	0.05%
	INGR	C	0.04%	0.03%	0.03%
	INVH	D	0.05%	0.06%	0.05%
	IP	A	0.15%	0.12%	0.12%
	IPG	D	0.04%	0.11%	0.04%
	IRM	C	0.08%	0.08%	0.08%
	IRT	A	0.01%	0.01%	0.01%
	ITW	B	0.12%	0.36%	0.12%
	IVZ	B	0.06%	0.04%	0.04%
	JCI	B	0.18%	0.21%	0.18%
	JEF	A	0.07%	0.04%	0.04%
	JHG	B	0.03%	0.04%	0.03%
	JNJ	C	0.92%	1.37%	0.92%
	JNPR	D	0.03%	0.26%	0.03%
	JPM	A	2.2%	2.66%	2.2%
	JWN	D	0.03%	0.01%	0.01%
	K	A	0.08%	0.06%	0.06%
	KBH	D	0.02%	0.03%	0.02%
	KDP	F	0.09%	0.16%	0.09%
	KEY	B	0.11%	0.1%	0.1%
	KHC	F	0.14%	0.16%	0.14%
	KIM	A	0.05%	0.07%	0.05%
	KMB	C	0.13%	0.18%	0.13%
	KMI	A	0.3%	0.25%	0.25%
	KMPR	A	0.02%	0.01%	0.01%
	KO	D	0.47%	0.75%	0.47%
	KR	B	0.31%	0.1%	0.1%
	KRC	B	0.03%	0.03%	0.03%
	KRG	B	0.02%	0.02%	0.02%
	LAMR	C	0.03%	0.05%	0.03%
	LCII	C	0.01%	0.01%	0.01%
	LEA	F	0.04%	0.04%	0.04%
	LH	B	0.06%	0.13%	0.06%
	LHX	C	0.12%	0.16%	0.12%
	LKQ	F	0.04%	0.07%	0.04%
	LMT	D	0.34%	0.83%	0.34%
	LNT	A	0.05%	0.04%	0.04%
	LOW	C	0.34%	1.06%	0.34%
	LPX	B	0.02%	0.03%	0.02%
	LUV	C	0.02%	0.05%	0.02%
	LXP	D	0.01%	0.01%	0.01%
	LYB	F	0.14%	0.14%	0.14%
	M	F	0.05%	0.02%	0.02%
	MAA	B	0.05%	0.07%	0.05%
	MAC	B	0.02%	0.02%	0.02%
	MAN	F	0.03%	0.03%	0.03%
	MAS	D	0.03%	0.06%	0.03%
	MC	C	0.02%	0.02%	0.02%
	MCD	D	0.29%	0.82%	0.29%
	MCHP	F	0.05%	0.8%	0.05%
	MDLZ	F	0.18%	0.35%	0.18%
	MDT	D	0.35%	0.55%	0.35%
	MDU	D	0.02%	0.01%	0.01%
	MET	A	0.29%	0.46%	0.29%
	MKC	C	0.04%	0.04%	0.04%
	MMM	D	0.42%	0.31%	0.31%
	MRK	D	0.41%	0.75%	0.41%
	MRO	B	0.07%	0.14%	0.07%
	MS	A	0.58%	1.36%	0.58%
	MSM	C	0.02%	0.04%	0.02%
	MTB	A	0.16%	0.24%	0.16%
	MTG	C	0.02%	0.05%	0.02%
	MUR	D	0.02%	0.02%	0.02%
	NEE	C	0.38%	0.11%	0.11%
	NEM	D	0.16%	0.13%	0.13%
	NFG	A	0.02%	0.02%	0.02%
	NI	A	0.06%	0.04%	0.04%
	NJR	A	0.02%	0.01%	0.01%
	NKE	F	0.12%	0.65%	0.12%
	NNN	C	0.02%	0.02%	0.02%
	NOC	D	0.17%	0.31%	0.17%
	NRG	B	0.11%	0.13%	0.11%
	NSC	B	0.13%	0.25%	0.13%
	NSP	F	0.01%	0.02%	0.01%
	NTAP	C	0.06%	0.73%	0.06%
	NTRS	A	0.1%	0.13%	0.1%
	NUE	C	0.12%	0.28%	0.12%
	NWL	C	0.04%	0.01%	0.01%
	OGE	A	0.04%	0.04%	0.04%
	OGN	F	0.03%	0.02%	0.02%
	OGS	A	0.02%	0.01%	0.01%
	OHI	C	0.03%	0.04%	0.03%
	OKE	A	0.18%	0.21%	0.18%
	OMC	C	0.08%	0.16%	0.08%
	OMF	A	0.05%	0.07%	0.05%
	ONB	C	0.02%	0.03%	0.02%
	ORI	A	0.06%	0.1%	0.06%
	OVV	B	0.04%	0.09%	0.04%
	OZK	B	0.02%	0.04%	0.02%
	PAG	B	0.02%	0.03%	0.02%
	PAYX	B	0.07%	0.14%	0.07%
	PB	B	0.03%	0.03%	0.03%
	PBF	D	0.04%	0.04%	0.04%
	PCH	F	0.02%	0.02%	0.02%
	PECO	A	0.01%	0.02%	0.01%
	PEG	A	0.15%	0.13%	0.13%
	PEP	F	0.48%	0.78%	0.48%
	PFE	F	0.77%	0.84%	0.77%
	PFG	D	0.1%	0.17%	0.1%
	PG	C	0.71%	1.5%	0.71%
	PII	F	0.02%	0.04%	0.02%
	PKG	A	0.06%	0.09%	0.06%
	PLD	F	0.15%	0.3%	0.15%
	PM	B	0.66%	0.84%	0.66%
	PNC	B	0.37%	0.46%	0.37%
	PNW	A	0.06%	0.04%	0.04%
	PPG	F	0.07%	0.08%	0.07%
	PPL	A	0.14%	0.08%	0.08%
	PRGO	C	0.02%	0.02%	0.02%
	PRU	A	0.23%	0.35%	0.23%
	PSA	C	0.07%	0.18%	0.07%
	PSX	C	0.29%	0.44%	0.29%
	R	B	0.06%	0.06%	0.06%
	RDN	D	0.02%	0.04%	0.02%
	REG	A	0.04%	0.06%	0.04%
	RF	A	0.12%	0.14%	0.12%
	RHI	C	0.02%	0.06%	0.02%
	RL	C	0.02%	0.07%	0.02%
	ROK	C	0.05%	0.11%	0.05%
	RPRX	D	0.02%	0.05%	0.02%
	RTX	D	0.47%	1.04%	0.47%
	RUSHA	C	0.02%	0.02%	0.02%
	RYN	D	0.01%	0.01%	0.01%
	SBRA	C	0.02%	0.02%	0.02%
	SBUX	A	0.17%	0.37%	0.17%
	SCI	B	0.03%	0.07%	0.03%
	SEE	C	0.02%	0.01%	0.01%
	SF	B	0.03%	0.07%	0.03%
	SJM	D	0.05%	0.08%	0.05%
	SLB	C	0.13%	0.19%	0.13%
	SLG	B	0.04%	0.02%	0.02%
	SMG	C	0.02%	0.01%	0.01%
	SNA	A	0.04%	0.08%	0.04%
	SNV	C	0.04%	0.04%	0.04%
	SO	C	0.36%	0.22%	0.22%
	SON	F	0.02%	0.02%	0.02%
	SPG	A	0.12%	0.3%	0.12%
	SRE	A	0.19%	0.17%	0.17%
	SSB	B	0.02%	0.02%	0.02%
	STAG	D	0.01%	0.02%	0.01%
	STLD	B	0.07%	0.21%	0.07%
	STWD	C	0.04%	0.06%	0.04%
	STX	C	0.07%	0.39%	0.07%
	SWK	D	0.07%	0.05%	0.05%
	SWKS	F	0.03%	0.29%	0.03%
	SYY	D	0.14%	0.19%	0.14%
	T	A	1.18%	1.2%	1.18%
	TAP	C	0.05%	0.07%	0.05%
	TFC	A	0.36%	0.33%	0.33%
	TGT	F	0.29%	0.23%	0.23%
	THG	A	0.02%	0.02%	0.02%
	THO	B	0.03%	0.02%	0.02%
	TPR	B	0.04%	0.1%	0.04%
	TRGP	A	0.1%	0.11%	0.1%
	TROW	B	0.09%	0.18%	0.09%
	TRV	B	0.24%	0.26%	0.24%
	TSN	B	0.15%	0.08%	0.08%
	TXN	C	0.34%	3.03%	0.34%
	UBSI	B	0.02%	0.02%	0.02%
	UCB	A	0.01%	0.01%	0.01%
	UDR	B	0.04%	0.02%	0.02%
	UGI	C	0.05%	0.03%	0.03%
	UNM	A	0.08%	0.07%	0.07%
	UNP	C	0.25%	0.48%	0.25%
	UPS	C	0.32%	0.71%	0.32%
	USB	A	0.38%	0.31%	0.31%
	VFC	C	0.07%	0.02%	0.02%
	VICI	C	0.07%	0.05%	0.05%
	VLY	B	0.03%	0.03%	0.03%
	VOYA	B	0.03%	0.06%	0.03%
	VSH	F	0.01%	0.06%	0.01%
	VTR	B	0.11%	0.04%	0.04%
	VTRS	A	0.09%	0.09%	0.09%
	VZ	C	1.19%	1.48%	1.19%
	WAL	B	0.03%	0.02%	0.02%
	WBA	F	0.11%	0.1%	0.1%
	WBS	A	0.04%	0.06%	0.04%
	WEC	A	0.11%	0.11%	0.11%
	WFC	A	1.29%	2.42%	1.29%
	WH	B	0.01%	0.07%	0.01%
	WMB	A	0.24%	0.22%	0.22%
	WPC	C	0.04%	0.06%	0.04%
	WSO	A	0.03%	0.03%	0.03%
	WTRG	B	0.03%	0.01%	0.01%
	WTW	B	0.07%	0.16%	0.07%
	WY	F	0.09%	0.08%	0.08%
	XEL	A	0.15%	0.1%	0.1%
	XOM	B	2.24%	2.91%	2.24%
	XRAY	F	0.01%	0.03%	0.01%
	YUM	D	0.05%	0.12%	0.05%
	ZION	B	0.05%	0.05%	0.05%

PRF Overweight 605 Positions Relative to DIVB

	Symbol	Grade	Weight
	BRK.A	B	2.34%
	AAPL	C	2.3%
	MSFT	D	1.86%
	AMZN	C	1.74%
	WMT	A	1.16%
	UNH	B	1.06%
	GOOGL	C	1.03%
	META	D	0.96%
	GOOG	C	0.89%
	GM	C	0.79%
	CMCSA	B	0.78%
	COST	A	0.56%
	MO	A	0.52%
	AVGO	D	0.5%
	INTC	C	0.45%
	MCK	A	0.45%
	DIS	B	0.42%
	TSLA	B	0.37%
	TMUS	B	0.33%
	VLO	C	0.33%
	ORCL	A	0.32%
	QCOM	F	0.31%
	MU	D	0.31%
	MPC	D	0.31%
	CB	C	0.3%
	AXP	A	0.29%
	LIN	C	0.28%
	ELV	F	0.28%
	COR	B	0.26%
	NVDA	B	0.26%
	CRM	B	0.25%
	PGR	A	0.25%
	CHTR	C	0.25%
	V	A	0.25%
	SYF	B	0.23%
	GE	D	0.23%
	CNC	D	0.22%
	FI	A	0.22%
	TMO	F	0.22%
	NFLX	A	0.21%
	ADM	D	0.21%
	LLY	F	0.21%
	PYPL	B	0.2%
	TJX	A	0.19%
	GD	D	0.18%
	SCHW	B	0.18%
	ETN	A	0.18%
	ADI	D	0.17%
	DD	C	0.17%
	SPGI	C	0.17%
	MA	B	0.17%
	DHR	F	0.16%
	STT	B	0.16%
	WELL	A	0.16%
	WBD	B	0.16%
	VST	A	0.15%
	AMD	F	0.15%
	HCA	F	0.15%
	FCX	F	0.14%
	PCAR	B	0.14%
	HUM	C	0.14%
	CBRE	B	0.13%
	WM	B	0.13%
	BDX	F	0.13%
	KKR	A	0.13%
	OXY	D	0.13%
	ZIM	C	0.13%
	DLR	B	0.13%
	MMC	B	0.13%
	CEG	C	0.13%
	BSX	A	0.12%
	LUMN	C	0.12%
	DHI	F	0.12%
	ICE	C	0.12%
	LEN	D	0.12%
	THC	D	0.12%
	PARA	C	0.12%
	SYK	B	0.12%
	AMAT	F	0.12%
	PH	A	0.11%
	URI	C	0.11%
	CARR	C	0.11%
	BA	F	0.11%
	PCG	A	0.11%
	ADBE	C	0.11%
	EQIX	A	0.1%
	O	C	0.1%
	REGN	F	0.1%
	BKNG	A	0.1%
	TT	A	0.1%
	WDC	D	0.1%
	GEV	B	0.1%
	VRTX	D	0.09%
	USFD	A	0.09%
	AER	A	0.09%
	BIIB	F	0.09%
	SHW	B	0.09%
	INTU	B	0.09%
	JXN	C	0.09%
	CTVA	C	0.09%
	GEHC	D	0.08%
	FLEX	B	0.08%
	PFGC	B	0.08%
	NXPI	D	0.08%
	ISRG	A	0.08%
	ARW	D	0.08%
	APH	A	0.08%
	KMX	B	0.08%
	MKL	A	0.08%
	LNC	C	0.07%
	STZ	D	0.07%
	RJF	A	0.07%
	HAL	C	0.07%
	LNG	A	0.07%
	TDG	D	0.07%
	AZO	C	0.07%
	AJG	A	0.07%
	EQT	B	0.07%
	AON	A	0.07%
	SQ	A	0.07%
	MSI	B	0.07%
	ACGL	C	0.07%
	PHM	D	0.07%
	CCL	A	0.07%
	LRCX	F	0.07%
	AA	A	0.07%
	ECL	D	0.07%
	BLDR	D	0.06%
	MHK	D	0.06%
	ZTS	D	0.06%
	MAR	A	0.06%
	GWW	B	0.06%
	WCC	B	0.06%
	ATO	A	0.06%
	OTIS	C	0.06%
	VNO	C	0.06%
	MOS	F	0.06%
	CRBG	B	0.06%
	PWR	A	0.06%
	MCO	B	0.06%
	ROST	D	0.06%
	LAD	A	0.06%
	CTAS	B	0.06%
	LDOS	C	0.06%
	RGA	A	0.06%
	WAB	B	0.06%
	UAL	A	0.06%
	ORLY	B	0.06%
	WHR	B	0.06%
	L	A	0.06%
	ARE	F	0.06%
	RSG	A	0.06%
	FYBR	C	0.06%
	ROP	B	0.06%
	JLL	D	0.06%
	GRMN	B	0.06%
	MRVL	B	0.06%
	DXC	B	0.05%
	TSCO	D	0.05%
	HWM	A	0.05%
	ZBH	C	0.05%
	HBI	B	0.05%
	APO	B	0.05%
	EG	C	0.05%
	TWLO	A	0.05%
	BALL	F	0.05%
	UBER	F	0.05%
	NVR	D	0.05%
	ACM	B	0.05%
	UHS	D	0.05%
	X	B	0.05%
	RS	B	0.05%
	MOH	F	0.05%
	SFM	A	0.05%
	BAP	A	0.05%
	BJ	A	0.05%
	TOL	B	0.05%
	AN	C	0.05%
	OC	A	0.05%
	BWA	D	0.05%
	KLAC	F	0.05%
	RCL	A	0.05%
	IQV	F	0.05%
	SOLV	D	0.05%
	DOV	A	0.05%
	TDS	B	0.05%
	JBL	C	0.05%
	KD	B	0.05%
	FOXA	A	0.05%
	HES	B	0.05%
	CHD	A	0.04%
	CPAY	A	0.04%
	SUI	C	0.04%
	DINO	D	0.04%
	GT	C	0.04%
	SSNC	B	0.04%
	NOW	A	0.04%
	ZBRA	B	0.04%
	HOLX	D	0.04%
	DVA	C	0.04%
	A	D	0.04%
	UTHR	C	0.04%
	WRB	A	0.04%
	ABG	C	0.04%
	TMHC	C	0.04%
	J	D	0.04%
	ON	D	0.04%
	EXPE	B	0.04%
	CDW	F	0.04%
	SNX	D	0.04%
	APTV	F	0.04%
	DLTR	F	0.04%
	CCK	D	0.04%
	TDY	B	0.04%
	KSS	F	0.04%
	MGM	D	0.04%
	CASY	A	0.04%
	MRNA	F	0.04%
	MLM	C	0.04%
	TTWO	A	0.04%
	CCEP	C	0.04%
	BFH	C	0.04%
	EME	A	0.04%
	TXT	D	0.04%
	GPI	B	0.04%
	AR	B	0.04%
	MTZ	B	0.04%
	VMC	B	0.04%
	EA	A	0.04%
	MPW	F	0.04%
	DAL	B	0.04%
	AME	A	0.04%
	PK	C	0.03%
	OLN	F	0.03%
	ICLR	D	0.03%
	COIN	C	0.03%
	ELAN	D	0.03%
	GL	C	0.03%
	CMC	B	0.03%
	BHF	C	0.03%
	DASH	B	0.03%
	CLF	F	0.03%
	WTFC	A	0.03%
	BRO	B	0.03%
	AXTA	B	0.03%
	DAR	C	0.03%
	AGCO	D	0.03%
	OSK	C	0.03%
	LBRDK	C	0.03%
	VRSK	A	0.03%
	CTLT	C	0.03%
	RIG	D	0.03%
	ALSN	B	0.03%
	ODFL	C	0.03%
	JBHT	C	0.03%
	BAH	F	0.03%
	CAR	C	0.03%
	TRMB	B	0.03%
	GXO	B	0.03%
	GNRC	C	0.03%
	ZM	C	0.03%
	XYL	D	0.03%
	WU	F	0.03%
	STE	D	0.03%
	FOX	A	0.03%
	BECN	B	0.03%
	AL	B	0.03%
	PNFP	B	0.03%
	CPNG	D	0.03%
	FLR	B	0.03%
	CPRT	B	0.03%
	PNR	A	0.03%
	EW	C	0.03%
	SANM	B	0.03%
	FSLR	F	0.03%
	NWSA	A	0.03%
	CNX	A	0.03%
	TRU	D	0.03%
	COOP	B	0.03%
	KEYS	A	0.03%
	RRX	B	0.03%
	EFX	F	0.03%
	GEO	B	0.03%
	HUBB	B	0.03%
	CZR	F	0.03%
	AVY	F	0.03%
	GPK	C	0.03%
	MTH	D	0.03%
	LPLA	A	0.03%
	SNPS	B	0.03%
	CMG	B	0.03%
	RVTY	F	0.03%
	CACI	D	0.03%
	BURL	B	0.03%
	MNST	C	0.03%
	ALB	B	0.03%
	ARMK	B	0.03%
	KNX	C	0.03%
	FCNCA	A	0.03%
	PENN	C	0.03%
	BR	A	0.03%
	FTV	C	0.03%
	CSL	C	0.03%
	HSIC	C	0.03%
	AVTR	F	0.03%
	ANET	C	0.03%
	COHR	B	0.03%
	SPOT	B	0.03%
	HLT	A	0.03%
	LVS	B	0.03%
	RPM	A	0.03%
	MUSA	B	0.03%
	IR	B	0.03%
	WSM	C	0.03%
	HOOD	B	0.03%
	RMD	C	0.03%
	NDAQ	A	0.03%
	TKR	D	0.02%
	VEEV	C	0.02%
	BWXT	B	0.02%
	WDAY	B	0.02%
	ASGN	F	0.02%
	RH	C	0.02%
	BLD	D	0.02%
	GGG	B	0.02%
	FDS	B	0.02%
	JKHY	D	0.02%
	RIVN	F	0.02%
	TTMI	C	0.02%
	ALGN	D	0.02%
	DK	C	0.02%
	OUT	A	0.02%
	LNW	F	0.02%
	AIT	B	0.02%
	ADNT	F	0.02%
	GHC	B	0.02%
	POOL	C	0.02%
	LW	C	0.02%
	NDSN	B	0.02%
	SFNC	C	0.02%
	GATX	A	0.02%
	TXRH	B	0.02%
	HCC	B	0.02%
	SIG	B	0.02%
	Z	A	0.02%
	NSIT	F	0.02%
	AAL	B	0.02%
	ALLE	C	0.02%
	QRVO	F	0.02%
	LSTR	D	0.02%
	GMS	B	0.02%
	CRL	D	0.02%
	VAC	C	0.02%
	NAVI	F	0.02%
	ADC	A	0.02%
	HUBG	A	0.02%
	HLF	C	0.02%
	MKSI	C	0.02%
	NVST	B	0.02%
	CBT	D	0.02%
	OI	C	0.02%
	MTD	F	0.02%
	SLGN	A	0.02%
	NWE	B	0.02%
	FULT	A	0.02%
	ST	F	0.02%
	ABCB	B	0.02%
	CXW	C	0.02%
	UHAL	D	0.02%
	DPZ	C	0.02%
	TYL	B	0.02%
	DY	D	0.02%
	DCI	B	0.02%
	VMI	B	0.02%
	PLXS	B	0.02%
	CHKP	C	0.02%
	WKC	C	0.02%
	GRAB	A	0.02%
	KBR	F	0.02%
	REZI	A	0.02%
	MIDD	C	0.02%
	WAT	C	0.02%
	ITT	A	0.02%
	MELI	C	0.02%
	UMBF	B	0.02%
	UNFI	A	0.02%
	DECK	A	0.02%
	SAIC	F	0.02%
	TRN	B	0.02%
	SR	A	0.02%
	SLVM	B	0.02%
	MHO	D	0.02%
	PNM	B	0.02%
	SEM	B	0.02%
	NVT	B	0.02%
	CW	C	0.02%
	AYI	B	0.02%
	SCCO	F	0.02%
	PHIN	A	0.02%
	SM	B	0.02%
	PRI	B	0.02%
	LYV	A	0.02%
	VRT	B	0.02%
	MAT	D	0.02%
	CR	A	0.02%
	FL	F	0.02%
	LII	A	0.02%
	GDDY	A	0.02%
	SBAC	D	0.02%
	LITE	B	0.02%
	CBOE	C	0.02%
	ADSK	A	0.02%
	TER	F	0.02%
	NOV	C	0.02%
	JAZZ	B	0.02%
	ATR	B	0.02%
	POST	C	0.02%
	EXEL	B	0.02%
	BKU	A	0.02%
	LULU	C	0.02%
	CE	F	0.02%
	TNL	A	0.02%
	RNR	C	0.02%
	SLM	A	0.02%
	IT	C	0.02%
	BXMT	C	0.02%
	TCBI	C	0.02%
	UFPI	C	0.02%
	INCY	C	0.02%
	CDNS	B	0.02%
	MSCI	C	0.02%
	XPO	B	0.02%
	FLS	B	0.02%
	FBIN	D	0.02%
	KEX	B	0.02%
	IEX	C	0.02%
	PVH	C	0.02%
	AMG	B	0.02%
	VLTO	C	0.02%
	FFIV	B	0.02%
	GME	C	0.02%
	BCC	B	0.02%
	ANSS	B	0.02%
	HIW	C	0.02%
	DEI	B	0.02%
	SKX	D	0.02%
	SOFI	B	0.02%
	CWK	C	0.02%
	AKAM	D	0.02%
	CIEN	C	0.02%
	POR	C	0.02%
	CSGP	D	0.02%
	HUN	F	0.02%
	ILMN	C	0.02%
	EHC	B	0.02%
	VSCO	C	0.02%
	TPH	D	0.02%
	CLH	C	0.02%
	BBWI	C	0.02%
	MLI	B	0.02%
	ULTA	F	0.02%
	FTI	A	0.02%
	BIO	C	0.02%
	TGNA	B	0.02%
	GNW	A	0.02%
	SWX	B	0.02%
	DOX	D	0.02%
	NXST	C	0.02%
	AMN	F	0.01%
	FIVE	F	0.01%
	HELE	C	0.01%
	CLVT	D	0.01%
	NUS	D	0.01%
	LEN	D	0.01%
	VSAT	F	0.01%
	JELD	F	0.01%
	HEI	A	0.01%
	OPCH	D	0.01%
	BGS	F	0.01%
	STNE	F	0.01%
	ZG	A	0.01%
	GTN	F	0.01%
	XP	F	0.01%
	OPEN	F	0.01%
	WSC	F	0.01%
	AMR	C	0.01%
	ODP	F	0.01%
	DXCM	C	0.01%
	ARCB	C	0.01%
	SNOW	B	0.01%
	IGT	F	0.01%
	ACHC	F	0.01%
	DIOD	D	0.01%
	CRI	F	0.01%
	TROX	D	0.01%
	MLKN	F	0.01%
	HPP	F	0.01%
	LGIH	F	0.01%
	CBRL	C	0.01%
	HEI	A	0.01%
	CPRI	F	0.01%
	UA	C	0.01%
	ATKR	D	0.01%
	VSTS	C	0.01%
	RLJ	C	0.01%
	AMKR	D	0.01%
	UAA	C	0.01%
	NWS	A	0.01%
	OMI	F	0.01%
	EGP	D	0.01%
	PDCO	F	0.01%
	URBN	C	0.01%
	SITE	F	0.01%
	ARI	C	0.01%
	BXC	B	0.01%
	ENOV	C	0.01%
	CSTM	F	0.01%
	AXL	C	0.01%
	W	D	0.01%
	DRH	B	0.01%
	DAN	D	0.01%
	PMT	C	0.01%
	UVV	B	0.01%
	CCS	D	0.01%
	CABO	B	0.01%
	CGNX	D	0.01%
	ASO	F	0.01%
	BMRN	F	0.01%
	ANDE	D	0.01%
	ENTG	D	0.01%
	TEX	F	0.01%
	LFUS	D	0.01%
	EEFT	B	0.01%
	JBGS	F	0.01%
	THS	D	0.01%
	WEX	D	0.01%
	PINC	B	0.01%
	HTZ	C	0.01%
	UNIT	B	0.01%
	FUL	F	0.01%
	PFSI	C	0.01%
	FND	D	0.01%
	IDXX	F	0.01%
	MTCH	D	0.01%
	SAIA	B	0.01%
	OKTA	C	0.01%
	NOMD	D	0.01%
	RUN	F	0.01%
	KMT	B	0.01%
	SPB	C	0.01%
	TPX	B	0.01%
	LECO	C	0.01%
	PTC	B	0.01%
	ENS	F	0.01%
	FCN	F	0.01%
	ATI	C	0.01%
	XRX	F	0.01%
	PPBI	C	0.01%
	ABNB	C	0.01%
	CNM	D	0.01%
	SBH	C	0.01%
	ESI	B	0.01%
	ABR	C	0.01%
	MMS	F	0.01%
	RRC	B	0.01%
	SIGI	C	0.01%
	BCO	F	0.01%
	FIBK	B	0.01%
	GNTX	C	0.01%
	ALIT	C	0.01%
	WLK	D	0.01%
	MTDR	B	0.01%
	RLI	A	0.01%
	BDN	C	0.01%
	AUB	B	0.01%
	EPAM	B	0.01%
	VYX	B	0.01%
	GTLS	A	0.01%
	WERN	C	0.01%
	VNT	C	0.01%
	FTNT	C	0.01%
	IAC	F	0.01%
	RXO	D	0.01%
	TTC	C	0.01%
	SEIC	B	0.01%
	FFBC	B	0.01%
	LEG	F	0.01%
	WST	C	0.01%
	INDB	B	0.01%
	RGLD	C	0.01%
	ESGR	B	0.01%
	REXR	F	0.01%
	HE	C	0.01%
	KNF	B	0.01%
	MTN	C	0.01%
	WWD	C	0.01%
	APG	B	0.01%
	TFX	F	0.01%
	ESAB	C	0.01%
	WYNN	C	0.01%
	UHAL	D	0.0%
	SEDG	F	0.0%
	SMCI	F	0.0%
	LBRDA	C	0.0%
	PARR	F	0.0%

PRF Underweight 55 Positions Relative to DIVB

	Symbol	Grade	Weight
	TEL	B	-1.17%
	CRH	A	-0.46%
	SW	A	-0.12%
	KLIC	B	-0.1%
	AMCR	C	-0.1%
	HR	B	-0.06%
	EXE	A	-0.06%
	PR	B	-0.05%
	OWL	A	-0.05%
	CHH	A	-0.04%
	RITM	C	-0.04%
	IRDM	D	-0.04%
	CCOI	B	-0.03%
	PTEN	C	-0.03%
	WEN	D	-0.03%
	MGY	A	-0.03%
	RHP	B	-0.03%
	FHI	B	-0.03%
	DLB	B	-0.03%
	GOLF	B	-0.02%
	WMG	D	-0.02%
	IIPR	D	-0.02%
	VCTR	B	-0.02%
	NHI	D	-0.02%
	SIRI	C	-0.02%
	SHOO	F	-0.02%
	KTB	B	-0.02%
	IPAR	B	-0.01%
	CWEN	C	-0.01%
	TXNM	A	-0.01%
	MCY	A	-0.01%
	DNB	B	-0.01%
	AWR	B	-0.01%
	SXT	C	-0.01%
	RRR	F	-0.01%
	TFSL	A	-0.01%
	MGEE	B	-0.01%
	CNS	B	-0.01%
	ADT	C	-0.01%
	AROC	A	-0.01%
	OTTR	C	-0.01%
	HI	C	-0.01%
	IBOC	B	-0.01%
	NEU	D	-0.01%
	FFIN	B	-0.01%
	CWEN	C	-0.01%
	SKT	A	-0.01%
	WD	D	-0.01%
	MAGN	D	-0.0%
	RUSHB	C	-0.0%
	CRK	B	-0.0%
	SITC	D	-0.0%
	ACT	C	-0.0%
	REYN	D	-0.0%
	CVI	F	-0.0%

PRF: Top Represented Industries & Keywords

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

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

DIVB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Utilities - Regulated Electric Asset Management Oil & Gas E&P REIT - Residential REIT - Retail Utilities - Diversified Packaged Foods Packaging & Containers REIT - Diversified Diversified Industrials REIT - Industrial Business Services Drug Manufacturers - Major Household & Personal Products Insurance - Property & Casualty Specialty Chemicals Insurance - Diversified Insurance - Life Insurance - Specialty

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Bank Banking Electricity Insurance Nasdaq 100 Commercial Banking Dow Jones Component Deposit Products Financial Products Investment Bank Real Estate Market Cash Management Insurance Products Chemical Plastic Life Insurance Mining