PRF vs. FDL ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to First Trust Morningstar ETF (FDL)

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

$40.62

Average Daily Volume

280,804

Number of Holdings ^*

984

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.77

Average Daily Volume

454,756

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PRF	FDL
30 Days	2.79%	1.69%
60 Days	9.32%	7.97%
90 Days	7.16%	11.96%
12 Months	32.44%	33.78%

97 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in FDL	Overlap
ABBV	C	0.68%	7.9%	0.68%
AEE	A	0.09%	0.53%	0.09%
AEP	C	0.23%	1.33%	0.23%
AGR	C	0.02%	0.09%	0.02%
ALE	A	0.02%	0.12%	0.02%
APAM	B	0.01%	0.15%	0.01%
ASB	D	0.02%	0.09%	0.02%
AVA	D	0.02%	0.11%	0.02%
BBY	C	0.16%	0.55%	0.16%
BEN	F	0.03%	0.26%	0.03%
BKH	C	0.02%	0.13%	0.02%
CAG	D	0.08%	0.5%	0.08%
CATY	B	0.01%	0.07%	0.01%
CC	D	0.02%	0.12%	0.02%
CFG	C	0.14%	0.55%	0.14%
CLX	C	0.05%	0.43%	0.05%
CMA	C	0.05%	0.28%	0.05%
CNH	C	0.06%	0.33%	0.06%
COLB	C	0.02%	0.23%	0.02%
CRI	D	0.01%	0.08%	0.01%
CVS	D	0.62%	2.61%	0.62%
CVX	B	1.08%	8.55%	1.08%
DOW	B	0.23%	1.5%	0.23%
DUK	C	0.43%	2.3%	0.43%
EIX	C	0.15%	0.89%	0.15%
ES	D	0.12%	0.71%	0.12%
ETR	A	0.14%	0.74%	0.14%
EVRG	C	0.08%	0.43%	0.08%
EXC	C	0.22%	1.12%	0.22%
F	D	0.38%	1.73%	0.38%
FAF	C	0.04%	0.16%	0.04%
FANG	D	0.07%	1.22%	0.07%
FE	C	0.11%	0.62%	0.11%
FHB	D	0.02%	0.09%	0.02%
FHN	D	0.04%	0.23%	0.04%
FIBK	C	0.01%	0.13%	0.01%
FITB	C	0.13%	0.69%	0.13%
FLO	D	0.02%	0.14%	0.02%
FMC	C	0.04%	0.22%	0.04%
FNF	C	0.07%	0.37%	0.07%
GEF	B	0.01%	0.01%	0.01%
GILD	A	0.35%	2.84%	0.35%
HAS	A	0.05%	0.28%	0.05%
HBAN	B	0.1%	0.64%	0.1%
IBM	A	0.57%	4.57%	0.57%
IPG	D	0.05%	0.36%	0.05%
JHG	A	0.03%	0.15%	0.03%
K	B	0.08%	0.42%	0.08%
KEY	B	0.1%	0.56%	0.1%
KHC	F	0.16%	1.01%	0.16%
KMB	D	0.15%	1.17%	0.15%
KMI	A	0.26%	1.75%	0.26%
LCII	C	0.01%	0.08%	0.01%
LNC	B	0.06%	0.23%	0.06%
LNT	B	0.06%	0.36%	0.06%
LYB	B	0.17%	1.01%	0.17%
MAN	D	0.03%	0.11%	0.03%
MO	D	0.49%	4.57%	0.49%
MSM	D	0.02%	0.11%	0.02%
MTN	D	0.01%	0.23%	0.01%
NJR	C	0.02%	0.12%	0.02%
NWE	C	0.02%	0.11%	0.02%
NXST	D	0.03%	0.15%	0.03%
OGE	C	0.04%	0.25%	0.04%
OGS	C	0.02%	0.1%	0.02%
OKE	A	0.15%	1.68%	0.15%
OMF	D	0.05%	0.35%	0.05%
OZK	D	0.02%	0.13%	0.02%
PFE	D	0.88%	6.56%	0.88%
PM	D	0.64%	5.54%	0.64%
PNC	C	0.33%	1.84%	0.33%
PNM	B	0.02%	0.11%	0.02%
PNW	C	0.06%	0.29%	0.06%
POR	D	0.02%	0.15%	0.02%
PRGO	F	0.02%	0.1%	0.02%
PRU	B	0.23%	1.39%	0.23%
RF	B	0.11%	0.64%	0.11%
SJM	D	0.05%	0.34%	0.05%
SMG	C	0.02%	0.11%	0.02%
SNV	D	0.03%	0.16%	0.03%
SR	D	0.02%	0.13%	0.02%
STT	A	0.15%	0.62%	0.15%
SWK	C	0.09%	0.4%	0.09%
TFC	D	0.34%	1.98%	0.34%
TNL	B	0.02%	0.11%	0.02%
TROW	D	0.09%	0.81%	0.09%
UBSI	D	0.02%	0.14%	0.02%
UGI	C	0.05%	0.23%	0.05%
UPS	D	0.34%	3.52%	0.34%
USB	C	0.35%	2.16%	0.35%
VLY	C	0.02%	0.15%	0.02%
VZ	C	1.34%	8.23%	1.34%
WEC	B	0.11%	0.76%	0.11%
WHR	C	0.06%	0.31%	0.06%
WU	D	0.03%	0.23%	0.03%
XEL	C	0.14%	0.88%	0.14%
ZION	D	0.04%	0.18%	0.04%

PRF Overweight 887 Positions Relative to FDL

Symbol	Grade	Weight
AAPL	C	2.41%
BRK.A	B	2.37%
XOM	A	2.23%
JPM	C	1.97%
MSFT	D	1.92%
AMZN	C	1.57%
BAC	B	1.22%
T	B	1.19%
WMT	A	1.14%
C	B	1.08%
UNH	B	1.07%
WFC	B	1.03%
GOOGL	B	1.0%
JNJ	D	1.0%
META	A	0.97%
GOOG	B	0.86%
CMCSA	B	0.77%
PG	D	0.75%
HD	A	0.74%
GS	B	0.67%
GM	D	0.63%
CSCO	A	0.6%
KO	C	0.55%
COST	C	0.55%
AVGO	B	0.52%
PEP	F	0.51%
RTX	A	0.49%
MRK	F	0.48%
MS	A	0.47%
NEE	C	0.44%
MMM	C	0.44%
INTC	D	0.43%
COP	D	0.4%
CI	D	0.4%
SO	A	0.39%
BMY	A	0.38%
LMT	A	0.38%
DIS	D	0.38%
MDT	C	0.37%
ELV	F	0.37%
MCK	F	0.37%
AMGN	D	0.36%
COF	A	0.35%
CAT	A	0.35%
LOW	C	0.35%
TXN	C	0.35%
QCOM	D	0.33%
MPC	D	0.33%
VLO	F	0.33%
MU	D	0.33%
TSLA	C	0.32%
ABT	C	0.32%
BLK	A	0.31%
CB	A	0.31%
KR	C	0.31%
FDX	F	0.3%
MCD	A	0.3%
PSX	D	0.3%
ORCL	A	0.3%
TGT	C	0.3%
LIN	C	0.3%
AIG	C	0.3%
MET	A	0.29%
TMUS	A	0.29%
D	A	0.28%
AXP	A	0.28%
CNC	F	0.28%
UNP	F	0.27%
CAH	B	0.27%
HON	C	0.27%
BK	A	0.26%
TMO	D	0.26%
LLY	D	0.25%
ADM	F	0.25%
GE	B	0.25%
PGR	B	0.25%
ACN	B	0.25%
EOG	B	0.25%
DE	C	0.24%
COR	F	0.24%
V	B	0.23%
NVDA	B	0.22%
TRV	B	0.22%
CRM	B	0.21%
CHTR	D	0.21%
MDLZ	D	0.21%
AFL	A	0.21%
NEM	C	0.21%
WMB	A	0.2%
ALL	A	0.2%
ADI	B	0.19%
HPE	B	0.19%
HCA	C	0.19%
TJX	D	0.19%
DHR	D	0.19%
PYPL	A	0.19%
FI	A	0.19%
HPQ	B	0.19%
GD	C	0.19%
SBUX	B	0.18%
SPGI	C	0.18%
SYF	A	0.18%
NFLX	A	0.18%
SRE	C	0.18%
AMD	C	0.18%
DD	C	0.18%
NOC	B	0.18%
AMT	D	0.18%
FCX	B	0.17%
MA	A	0.17%
ED	C	0.17%
JCI	C	0.17%
ETN	B	0.17%
PLD	D	0.17%
APD	C	0.16%
WELL	C	0.16%
CEG	A	0.16%
PEG	A	0.16%
HUM	F	0.16%
DFS	A	0.16%
NKE	D	0.15%
HIG	A	0.15%
SYY	D	0.15%
TSN	D	0.15%
FIS	A	0.15%
CME	A	0.15%
GIS	C	0.15%
SCHW	D	0.15%
CL	D	0.15%
CSX	D	0.14%
IP	C	0.14%
MTB	A	0.14%
MMC	D	0.14%
AMAT	C	0.14%
LEN	C	0.14%
REGN	D	0.14%
BDX	C	0.14%
WBD	F	0.14%
PPL	C	0.14%
CCI	D	0.14%
CMI	A	0.14%
DHI	C	0.14%
PCAR	D	0.13%
ICE	A	0.13%
NSC	C	0.13%
THC	D	0.13%
BA	F	0.13%
EMR	B	0.13%
VST	A	0.13%
SLB	D	0.13%
OXY	D	0.13%
ADP	A	0.13%
ZIM	D	0.13%
LHX	A	0.12%
BSX	A	0.12%
BX	C	0.12%
PARA	F	0.12%
WBA	F	0.12%
SPG	A	0.12%
SYK	C	0.12%
WM	B	0.12%
CBRE	C	0.12%
DLR	C	0.12%
NUE	D	0.12%
GLW	C	0.12%
ITW	C	0.12%
CARR	A	0.12%
KDP	C	0.11%
URI	C	0.11%
DTE	B	0.11%
BIIB	F	0.11%
NRG	A	0.11%
PCG	C	0.11%
O	C	0.11%
BG	F	0.11%
KKR	A	0.11%
ADBE	F	0.11%
WDC	C	0.11%
VTR	C	0.11%
IFF	D	0.1%
EQIX	C	0.1%
CTSH	B	0.1%
TT	A	0.1%
EBAY	A	0.1%
CTVA	A	0.1%
PH	A	0.1%
LUMN	C	0.1%
BKR	B	0.1%
WY	C	0.1%
DVN	F	0.1%
PFG	A	0.1%
NXPI	F	0.09%
AMP	A	0.09%
EQR	C	0.09%
JXN	A	0.09%
VTRS	D	0.09%
BKNG	B	0.09%
GEHC	C	0.09%
IRM	B	0.09%
AER	C	0.09%
SHW	C	0.09%
ARW	C	0.09%
APH	D	0.08%
DOC	C	0.08%
CMS	A	0.08%
VICI	C	0.08%
TDG	A	0.08%
MKL	B	0.08%
CHRW	C	0.08%
AES	C	0.08%
STX	C	0.08%
ECL	C	0.08%
ALLY	F	0.08%
PSA	C	0.08%
TRGP	A	0.08%
KMX	F	0.08%
GEV	A	0.08%
LRCX	D	0.08%
PHM	C	0.08%
ACGL	A	0.08%
AVB	C	0.08%
USFD	C	0.08%
VRTX	D	0.08%
NTRS	B	0.08%
OMC	C	0.08%
INTU	F	0.08%
MHK	C	0.07%
HAL	D	0.07%
AON	A	0.07%
FYBR	C	0.07%
MSI	A	0.07%
AJG	C	0.07%
JLL	C	0.07%
DGX	D	0.07%
PAYX	B	0.07%
VFC	A	0.07%
MRO	B	0.07%
STLD	C	0.07%
WTW	C	0.07%
CTRA	D	0.07%
FLEX	B	0.07%
AZO	D	0.07%
UNM	A	0.07%
ARE	D	0.07%
EMN	C	0.07%
MRNA	F	0.07%
PFGC	A	0.07%
STZ	D	0.07%
PPG	D	0.07%
AA	B	0.07%
CINF	A	0.07%
ISRG	C	0.07%
ACI	F	0.07%
CNP	B	0.07%
AN	D	0.06%
GRMN	D	0.06%
ATO	A	0.06%
VNO	B	0.06%
IVZ	A	0.06%
SOLV	C	0.06%
ORI	A	0.06%
MOH	F	0.06%
UHS	D	0.06%
CTAS	C	0.06%
CRBG	B	0.06%
PKG	B	0.06%
CCL	C	0.06%
WAB	A	0.06%
GEN	A	0.06%
SQ	D	0.06%
R	C	0.06%
LNG	A	0.06%
GPN	F	0.06%
ORLY	A	0.06%
MCO	D	0.06%
NTAP	D	0.06%
RGA	B	0.06%
LDOS	A	0.06%
CF	A	0.06%
JEF	A	0.06%
EQT	C	0.06%
MOS	F	0.06%
L	C	0.06%
OTIS	A	0.06%
BLDR	C	0.06%
MCHP	F	0.06%
BAX	D	0.06%
NI	A	0.06%
DG	F	0.06%
RSG	D	0.06%
AWK	D	0.06%
MPW	C	0.06%
GPC	D	0.06%
KLAC	B	0.06%
IQV	F	0.06%
ZTS	C	0.06%
ROST	D	0.06%
ROP	D	0.06%
BXP	B	0.06%
EXPD	D	0.05%
KD	D	0.05%
TXT	F	0.05%
DRI	C	0.05%
RS	D	0.05%
WCC	D	0.05%
KSS	D	0.05%
ROK	D	0.05%
ACM	A	0.05%
OC	C	0.05%
ZBH	F	0.05%
CHK	C	0.05%
KIM	C	0.05%
MKC	C	0.05%
ESS	D	0.05%
TAP	D	0.05%
X	F	0.05%
HSY	D	0.05%
BJ	B	0.05%
BAP	A	0.05%
INVH	D	0.05%
TSCO	A	0.05%
EQH	B	0.05%
FOXA	B	0.05%
UBER	C	0.05%
MAR	A	0.05%
CDW	D	0.05%
GWW	B	0.05%
EG	A	0.05%
MAA	D	0.05%
NVR	C	0.05%
RJF	B	0.05%
LAD	C	0.05%
JBL	C	0.05%
TOL	C	0.05%
SWN	D	0.05%
DOV	C	0.05%
BALL	C	0.05%
HES	D	0.05%
AFG	A	0.05%
MRVL	C	0.05%
M	D	0.05%
FAST	C	0.05%
APTV	D	0.05%
YUM	C	0.05%
BWA	C	0.05%
PWR	A	0.05%
NWL	D	0.04%
AVY	D	0.04%
CHD	D	0.04%
GT	F	0.04%
ZBRA	B	0.04%
EWBC	B	0.04%
UTHR	C	0.04%
RVTY	C	0.04%
DAL	C	0.04%
ABG	D	0.04%
LVS	B	0.04%
MTH	C	0.04%
APO	A	0.04%
HRL	F	0.04%
DKS	D	0.04%
INGR	B	0.04%
J	F	0.04%
BFH	D	0.04%
AVT	B	0.04%
TTWO	D	0.04%
HSIC	D	0.04%
EL	D	0.04%
WRB	C	0.04%
SSNC	C	0.04%
PBF	F	0.04%
ICLR	F	0.04%
SNA	C	0.04%
TDY	A	0.04%
HST	D	0.04%
RMD	C	0.04%
CPB	D	0.04%
OVV	D	0.04%
CPT	C	0.04%
EME	B	0.04%
FSLR	C	0.04%
CASY	D	0.04%
SLG	C	0.04%
UDR	C	0.04%
DINO	F	0.04%
REG	C	0.04%
RCL	B	0.04%
MLM	F	0.04%
SFM	A	0.04%
CE	D	0.04%
UAL	A	0.04%
TMHC	C	0.04%
AIZ	B	0.04%
HOLX	D	0.04%
SUI	D	0.04%
EA	D	0.04%
VMC	D	0.04%
DVA	C	0.04%
STWD	C	0.04%
AME	C	0.04%
MTZ	A	0.04%
OGN	F	0.04%
GPI	C	0.04%
WSM	C	0.04%
AVTR	D	0.04%
TDS	C	0.04%
HWM	A	0.04%
SNX	C	0.04%
SWKS	F	0.04%
WPC	C	0.04%
AR	C	0.04%
EXR	D	0.04%
ON	F	0.04%
LKQ	F	0.04%
CCK	C	0.04%
APA	F	0.04%
MGM	D	0.04%
DLTR	F	0.04%
CCEP	C	0.04%
A	B	0.04%
HBI	B	0.04%
LEA	F	0.04%
BERY	C	0.04%
DXC	C	0.04%
BBWI	F	0.03%
ALV	F	0.03%
ULTA	D	0.03%
FOX	B	0.03%
CG	B	0.03%
CNX	A	0.03%
GL	C	0.03%
BRO	A	0.03%
FNB	D	0.03%
SON	D	0.03%
CNO	B	0.03%
HOOD	B	0.03%
SKX	B	0.03%
SCI	D	0.03%
VRSK	D	0.03%
KBH	D	0.03%
DOX	B	0.03%
FRT	D	0.03%
JBHT	D	0.03%
TPH	C	0.03%
TER	C	0.03%
SPOT	C	0.03%
KRC	C	0.03%
MDU	C	0.03%
RIG	F	0.03%
SANM	D	0.03%
QRVO	F	0.03%
AL	D	0.03%
FBIN	C	0.03%
GAP	F	0.03%
HRB	C	0.03%
PB	D	0.03%
AKAM	D	0.03%
CPRT	B	0.03%
ELAN	D	0.03%
NWSA	D	0.03%
PNR	C	0.03%
FLR	B	0.03%
WTRG	D	0.03%
AGNC	B	0.03%
DTM	A	0.03%
FCNCA	D	0.03%
CTLT	A	0.03%
CPNG	C	0.03%
COOP	B	0.03%
AGCO	D	0.03%
WBS	D	0.03%
AXS	A	0.03%
SF	A	0.03%
JWN	D	0.03%
RRX	B	0.03%
BAH	C	0.03%
SNPS	F	0.03%
OLN	D	0.03%
EW	F	0.03%
THO	C	0.03%
LAMR	C	0.03%
CLF	D	0.03%
PENN	D	0.03%
HUN	B	0.03%
WSO	C	0.03%
BRX	C	0.03%
COHR	B	0.03%
TPR	B	0.03%
ALB	D	0.03%
MNST	D	0.03%
HUBB	A	0.03%
CPAY	A	0.03%
RPM	A	0.03%
BPOP	D	0.03%
STE	D	0.03%
CMG	C	0.03%
XYL	C	0.03%
KEYS	B	0.03%
BR	B	0.03%
HLT	A	0.03%
OHI	C	0.03%
TRU	C	0.03%
GLPI	C	0.03%
KNX	D	0.03%
BURL	C	0.03%
TWLO	B	0.03%
WAL	C	0.03%
NOW	B	0.03%
MUSA	D	0.03%
EXPE	B	0.03%
VOYA	A	0.03%
ARMK	C	0.03%
GPK	D	0.03%
CSL	A	0.03%
NDAQ	C	0.03%
IR	A	0.03%
HII	F	0.03%
CACI	A	0.03%
JNPR	C	0.03%
ANET	A	0.03%
CZR	B	0.03%
EFX	D	0.03%
MAS	C	0.03%
FTV	C	0.03%
WWD	C	0.02%
AEO	C	0.02%
MTCH	B	0.02%
THS	D	0.02%
APLE	B	0.02%
FCN	C	0.02%
STAG	D	0.02%
GEO	D	0.02%
LITE	A	0.02%
TTC	F	0.02%
CSTM	F	0.02%
CDP	A	0.02%
CHRD	F	0.02%
FULT	D	0.02%
GGG	C	0.02%
GMS	B	0.02%
VMI	B	0.02%
ATI	C	0.02%
EXEL	B	0.02%
WYNN	B	0.02%
W	C	0.02%
MMS	C	0.02%
ASGN	D	0.02%
DK	F	0.02%
LNW	F	0.02%
HUBG	D	0.02%
OUT	C	0.02%
HCC	C	0.02%
XPO	F	0.02%
ABCB	C	0.02%
RH	C	0.02%
UMBF	C	0.02%
JKHY	A	0.02%
PLXS	A	0.02%
AYI	A	0.02%
HLF	F	0.02%
AGO	B	0.02%
WLK	C	0.02%
COIN	F	0.02%
XRX	D	0.02%
HOMB	D	0.02%
VRT	B	0.02%
IAC	C	0.02%
PCH	C	0.02%
NDSN	C	0.02%
MKSI	F	0.02%
KRG	C	0.02%
CRL	F	0.02%
LEG	D	0.02%
BCO	C	0.02%
LYV	A	0.02%
DECK	B	0.02%
LUV	B	0.02%
LSTR	F	0.02%
RL	B	0.02%
VSCO	C	0.02%
TKR	B	0.02%
TYL	D	0.02%
POOL	D	0.02%
NVST	D	0.02%
GDDY	B	0.02%
SLGN	B	0.02%
LULU	D	0.02%
ADC	C	0.02%
RIVN	F	0.02%
ALLE	A	0.02%
BLD	D	0.02%
DCI	B	0.02%
PHIN	D	0.02%
OI	D	0.02%
SIG	C	0.02%
CW	A	0.02%
TCBI	B	0.02%
WAT	B	0.02%
TRN	C	0.02%
DPZ	D	0.02%
NAVI	D	0.02%
PRI	A	0.02%
PAG	D	0.02%
REXR	D	0.02%
G	A	0.02%
CBT	B	0.02%
GBCI	B	0.02%
SM	D	0.02%
EPR	C	0.02%
ADNT	F	0.02%
CBSH	D	0.02%
SEM	D	0.02%
SRCL	B	0.02%
KMPR	D	0.02%
AOS	C	0.02%
CR	A	0.02%
ALGN	D	0.02%
RPRX	D	0.02%
NVT	C	0.02%
ITT	C	0.02%
ADSK	B	0.02%
BTU	B	0.02%
JAZZ	F	0.02%
INCY	B	0.02%
AVNT	C	0.02%
ESNT	A	0.02%
GME	D	0.02%
BKU	D	0.02%
MIDD	D	0.02%
CPRI	C	0.02%
ATR	A	0.02%
DY	C	0.02%
FLS	A	0.02%
SLVM	C	0.02%
HWC	D	0.02%
TFX	C	0.02%
ST	F	0.02%
CDNS	D	0.02%
CHKP	A	0.02%
LII	C	0.02%
CADE	B	0.02%
KBR	A	0.02%
RHI	D	0.02%
MLI	B	0.02%
BC	C	0.02%
IDA	D	0.02%
MAT	B	0.02%
ELS	D	0.02%
CFR	B	0.02%
WKC	A	0.02%
AAP	F	0.02%
NOV	F	0.02%
FFIV	B	0.02%
MELI	D	0.02%
SLM	B	0.02%
IT	A	0.02%
SEE	C	0.02%
UHAL	C	0.02%
CIEN	A	0.02%
RUN	D	0.02%
IEX	D	0.02%
SAIC	A	0.02%
EVR	C	0.02%
KEX	C	0.02%
ONB	D	0.02%
THG	A	0.02%
MSCI	B	0.02%
CBOE	B	0.02%
AMG	B	0.02%
MHO	C	0.02%
MTD	C	0.02%
ANSS	D	0.02%
COLD	D	0.02%
DASH	A	0.02%
TGNA	B	0.02%
PVH	D	0.02%
ILMN	B	0.02%
UFPI	C	0.02%
PII	D	0.02%
DEI	A	0.02%
WTFC	B	0.02%
FL	F	0.02%
ABM	D	0.02%
POST	C	0.02%
ALSN	A	0.02%
SSB	C	0.02%
SCCO	B	0.02%
SBAC	C	0.02%
RDN	D	0.02%
MTG	A	0.02%
CWK	D	0.02%
CAR	D	0.02%
MAC	B	0.02%
RNR	A	0.02%
MUR	F	0.02%
EHC	C	0.02%
FTI	B	0.02%
LPX	C	0.02%
BXMT	C	0.02%
BCC	C	0.02%
SBRA	C	0.02%
PNFP	B	0.02%
BHF	D	0.02%
CLH	B	0.02%
LPLA	D	0.02%
NSIT	B	0.02%
ZM	B	0.02%
LBRDK	C	0.02%
GNW	A	0.02%
CUBE	C	0.02%
BIO	B	0.02%
CSGP	F	0.02%
GNRC	B	0.02%
AXTA	C	0.02%
AMH	D	0.02%
GXO	D	0.02%
CMC	D	0.02%
CUZ	C	0.02%
NNN	C	0.02%
SWX	C	0.02%
HOG	D	0.02%
OSK	F	0.02%
HIW	C	0.02%
NFG	A	0.02%
TRMB	B	0.02%
PK	D	0.02%
DAR	F	0.02%
VLTO	A	0.02%
ODFL	F	0.02%
BECN	D	0.02%
PARR	F	0.01%
FIVE	D	0.01%
HELE	D	0.01%
SMCI	F	0.01%
NUS	F	0.01%
ZG	C	0.01%
HEI	C	0.01%
LEN	C	0.01%
DXCM	F	0.01%
CNXC	F	0.01%
SNOW	F	0.01%
AMR	F	0.01%
ARCB	F	0.01%
XP	F	0.01%
STNE	F	0.01%
WSC	D	0.01%
GTN	D	0.01%
CBRL	D	0.01%
OPEN	F	0.01%
NWS	D	0.01%
ATKR	F	0.01%
UAA	B	0.01%
HEI	C	0.01%
UA	B	0.01%
IGT	F	0.01%
RLJ	D	0.01%
ODP	F	0.01%
MLKN	F	0.01%
CLVT	D	0.01%
BXC	D	0.01%
AMN	F	0.01%
OPCH	F	0.01%
HTZ	F	0.01%
CABO	F	0.01%
BGS	D	0.01%
DIOD	F	0.01%
VSTS	D	0.01%
JELD	D	0.01%
VSAT	F	0.01%
SAIA	D	0.01%
LGIH	C	0.01%
ENOV	F	0.01%
URBN	F	0.01%
CRC	B	0.01%
NSP	F	0.01%
GTLS	D	0.01%
PINC	F	0.01%
ARI	F	0.01%
AXL	F	0.01%
DRH	B	0.01%
CXW	F	0.01%
HPP	F	0.01%
EGP	D	0.01%
BYD	B	0.01%
SITE	D	0.01%
PDCO	F	0.01%
WH	C	0.01%
AMKR	F	0.01%
UVV	D	0.01%
CGNX	F	0.01%
KMT	C	0.01%
EEFT	F	0.01%
EPAM	F	0.01%
TROX	D	0.01%
MTDR	D	0.01%
TEX	F	0.01%
LECO	D	0.01%
FTNT	A	0.01%
ARCH	D	0.01%
UCB	D	0.01%
PPBI	D	0.01%
PTC	B	0.01%
OKTA	F	0.01%
LXP	D	0.01%
PMT	B	0.01%
INDB	D	0.01%
TTMI	D	0.01%
SEIC	B	0.01%
VNT	F	0.01%
ANDE	D	0.01%
BMRN	F	0.01%
PECO	C	0.01%
RLI	A	0.01%
RYN	C	0.01%
UNIT	B	0.01%
LFUS	C	0.01%
ABNB	D	0.01%
OMI	F	0.01%
RRC	D	0.01%
AUB	D	0.01%
BOKF	B	0.01%
VSH	F	0.01%
TPX	C	0.01%
FUL	F	0.01%
ESAB	C	0.01%
FFBC	D	0.01%
ASH	F	0.01%
ENTG	D	0.01%
SPB	C	0.01%
FR	D	0.01%
ALIT	D	0.01%
SIGI	D	0.01%
ESI	C	0.01%
BWXT	A	0.01%
WST	D	0.01%
CCS	C	0.01%
AAL	D	0.01%
LW	D	0.01%
SBH	B	0.01%
CIVI	F	0.01%
ACHC	F	0.01%
AIT	B	0.01%
JBGS	C	0.01%
VYX	C	0.01%
GNTX	D	0.01%
PFSI	C	0.01%
HRI	B	0.01%
ASO	D	0.01%
WERN	D	0.01%
ENS	B	0.01%
AM	A	0.01%
VAC	D	0.01%
WEX	C	0.01%
SOFI	C	0.01%
APG	F	0.01%
WDAY	D	0.01%
MC	B	0.01%
DAN	D	0.01%
VEEV	C	0.01%
ABR	C	0.01%
HP	D	0.01%
KNF	B	0.01%
NOMD	D	0.01%
CNM	F	0.01%
GHC	A	0.01%
Z	C	0.01%
ARES	A	0.01%
IDXX	D	0.01%
GATX	F	0.01%
RUSHA	D	0.01%
FDS	C	0.01%
SFNC	B	0.01%
XRAY	D	0.01%
FND	C	0.01%
REZI	D	0.01%
TXRH	A	0.01%
ESGR	C	0.01%
HE	F	0.01%
BDN	B	0.01%
UNFI	C	0.01%
RXO	D	0.01%
RGLD	C	0.01%
GRAB	C	0.01%
IRT	D	0.01%
UHAL	C	0.0%
SEDG	F	0.0%
LBRDA	C	0.0%

PRF Underweight 2 Positions Relative to FDL

	Symbol	Grade	Weight
	WEN	B	-0.12%
	FHI	A	-0.08%