PRF vs. FNDX ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Schwab Fundamental U.S. Large Company Index ETF (FNDX)

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

$37.98

Average Daily Volume

474,600

Number of Holdings ^*

981

* may have additional holdings in another (foreign) market

FNDX

Schwab Fundamental U.S. Large Company Index ETF

FNDX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$66.59

Average Daily Volume

416,267

Number of Holdings ^*

710

* may have additional holdings in another (foreign) market

Performance

Period	PRF	FNDX
30 Days	1.74%	2.02%
60 Days	0.45%	0.39%
90 Days	3.71%	3.69%
12 Months	25.87%	25.58%

704 Overlapping Holdings

	Symbol	Grade	Weight in PRF	Weight in FNDX	Overlap
	A	B	0.05%	0.07%	0.05%
	AA	B	0.08%	0.06%	0.06%
	AAP	D	0.04%	0.05%	0.04%
	AAPL	B	2.08%	3.83%	2.08%
	ABBV	D	0.6%	0.5%	0.5%
	ABG	C	0.04%	0.02%	0.02%
	ABM	B	0.02%	0.02%	0.02%
	ABT	F	0.31%	0.29%	0.29%
	ACGL	A	0.08%	0.06%	0.06%
	ACI	C	0.09%	0.01%	0.01%
	ACM	D	0.04%	0.04%	0.04%
	ACN	D	0.23%	0.29%	0.23%
	ADBE	D	0.11%	0.17%	0.11%
	ADI	A	0.18%	0.13%	0.13%
	ADM	C	0.27%	0.21%	0.21%
	ADNT	F	0.03%	0.02%	0.02%
	ADP	C	0.13%	0.13%	0.13%
	ADSK	D	0.02%	0.03%	0.02%
	AEE	B	0.08%	0.06%	0.06%
	AEO	B	0.02%	0.02%	0.02%
	AEP	A	0.22%	0.17%	0.17%
	AER	A	0.09%	0.04%	0.04%
	AES	B	0.09%	0.08%	0.08%
	AFG	C	0.06%	0.04%	0.04%
	AFL	A	0.18%	0.19%	0.18%
	AGCO	D	0.04%	0.04%	0.04%
	AIG	A	0.34%	0.32%	0.32%
	AIZ	D	0.04%	0.03%	0.03%
	AJG	C	0.06%	0.05%	0.05%
	AKAM	F	0.03%	0.03%	0.03%
	AL	C	0.03%	0.02%	0.02%
	ALB	C	0.04%	0.03%	0.03%
	ALGN	F	0.02%	0.03%	0.02%
	ALL	B	0.19%	0.29%	0.19%
	ALLE	D	0.02%	0.02%	0.02%
	ALLY	B	0.1%	0.14%	0.1%
	ALSN	D	0.02%	0.04%	0.02%
	ALV	A	0.04%	0.04%	0.04%
	AMAT	C	0.15%	0.32%	0.15%
	AMD	D	0.19%	0.09%	0.09%
	AME	D	0.04%	0.05%	0.04%
	AMG	D	0.02%	0.03%	0.02%
	AMGN	B	0.37%	0.49%	0.37%
	AMP	A	0.08%	0.13%	0.08%
	AMT	D	0.16%	0.11%	0.11%
	AMZN	B	1.64%	1.45%	1.45%
	AN	B	0.06%	0.05%	0.05%
	ANDE	D	0.01%	0.01%	0.01%
	ANET	B	0.03%	0.04%	0.03%
	ANSS	D	0.02%	0.02%	0.02%
	AON	D	0.06%	0.1%	0.06%
	AOS	C	0.02%	0.03%	0.02%
	APA	F	0.06%	0.04%	0.04%
	APD	C	0.14%	0.1%	0.1%
	APH	A	0.08%	0.1%	0.08%
	APO	C	0.03%	0.04%	0.03%
	APTV	C	0.07%	0.07%	0.07%
	AR	C	0.05%	0.03%	0.03%
	ARCH	D	0.01%	0.01%	0.01%
	ARE	D	0.08%	0.03%	0.03%
	ARMK	B	0.03%	0.03%	0.03%
	ARW	B	0.1%	0.09%	0.09%
	ASGN	C	0.02%	0.02%	0.02%
	ASO	F	0.01%	0.02%	0.01%
	ATO	C	0.05%	0.03%	0.03%
	ATR	B	0.02%	0.02%	0.02%
	AVB	A	0.08%	0.05%	0.05%
	AVGO	C	0.45%	0.65%	0.45%
	AVT	A	0.04%	0.08%	0.04%
	AVTR	D	0.04%	0.02%	0.02%
	AVY	A	0.04%	0.04%	0.04%
	AWK	B	0.06%	0.04%	0.04%
	AXP	A	0.27%	0.39%	0.27%
	AXTA	A	0.02%	0.02%	0.02%
	AYI	C	0.02%	0.04%	0.02%
	AZO	D	0.07%	0.06%	0.06%
	BA	F	0.16%	0.16%	0.16%
	BAC	A	1.27%	1.33%	1.27%
	BAH	A	0.03%	0.04%	0.03%
	BALL	C	0.06%	0.07%	0.06%
	BAP	C	0.05%	0.05%	0.05%
	BAX	F	0.06%	0.08%	0.06%
	BBWI	B	0.04%	0.05%	0.04%
	BBY	D	0.12%	0.14%	0.12%
	BC	D	0.02%	0.03%	0.02%
	BCC	D	0.02%	0.04%	0.02%
	BDX	F	0.14%	0.11%	0.11%
	BECN	C	0.03%	0.02%	0.02%
	BEN	D	0.04%	0.05%	0.04%
	BERY	C	0.04%	0.04%	0.04%
	BG	B	0.13%	0.1%	0.1%
	BIG	F	0.01%	0.02%	0.01%
	BIIB	C	0.14%	0.12%	0.12%
	BJ	B	0.05%	0.02%	0.02%
	BK	A	0.22%	0.24%	0.22%
	BKNG	B	0.08%	0.21%	0.08%
	BKR	D	0.1%	0.15%	0.1%
	BLD	C	0.02%	0.02%	0.02%
	BLDR	D	0.05%	0.02%	0.02%
	BLK	C	0.28%	0.25%	0.25%
	BMY	F	0.34%	0.29%	0.29%
	BPOP	A	0.03%	0.04%	0.03%
	BR	D	0.03%	0.03%	0.03%
	BRK.A	C	2.25%	2.19%	2.19%
	BRO	B	0.02%	0.02%	0.02%
	BRX	B	0.03%	0.02%	0.02%
	BSX	A	0.11%	0.09%	0.09%
	BTU	F	0.02%	0.02%	0.02%
	BURL	D	0.02%	0.02%	0.02%
	BWA	B	0.06%	0.06%	0.06%
	BX	C	0.1%	0.11%	0.1%
	BXP	D	0.05%	0.05%	0.05%
	C	A	1.17%	1.3%	1.17%
	CACI	A	0.03%	0.03%	0.03%
	CAG	B	0.08%	0.06%	0.06%
	CAH	F	0.26%	0.07%	0.07%
	CAR	D	0.03%	0.03%	0.03%
	CARR	A	0.11%	0.12%	0.11%
	CASY	A	0.04%	0.05%	0.04%
	CAT	C	0.33%	0.44%	0.33%
	CB	C	0.3%	0.27%	0.27%
	CBOE	D	0.02%	0.02%	0.02%
	CBRE	D	0.09%	0.1%	0.09%
	CC	B	0.03%	0.03%	0.03%
	CCEP	A	0.04%	0.04%	0.04%
	CCI	D	0.13%	0.09%	0.09%
	CCK	B	0.04%	0.03%	0.03%
	CCL	F	0.05%	0.05%	0.05%
	CDNS	D	0.02%	0.03%	0.02%
	CDW	D	0.05%	0.06%	0.05%
	CE	D	0.05%	0.08%	0.05%
	CEG	B	0.14%	0.13%	0.13%
	CF	F	0.06%	0.05%	0.05%
	CFG	A	0.13%	0.1%	0.1%
	CG	D	0.03%	0.03%	0.03%
	CHD	A	0.04%	0.05%	0.04%
	CHK	C	0.06%	0.01%	0.01%
	CHKP	D	0.02%	0.03%	0.02%
	CHRW	B	0.06%	0.06%	0.06%
	CHTR	F	0.19%	0.25%	0.19%
	CI	D	0.42%	0.52%	0.42%
	CIEN	D	0.02%	0.02%	0.02%
	CINF	C	0.07%	0.06%	0.06%
	CL	A	0.15%	0.15%	0.15%
	CLF	D	0.04%	0.04%	0.04%
	CLX	D	0.04%	0.03%	0.03%
	CMA	B	0.05%	0.06%	0.05%
	CMC	B	0.03%	0.03%	0.03%
	CMCSA	D	0.77%	0.73%	0.73%
	CME	D	0.15%	0.08%	0.08%
	CMG	A	0.04%	0.04%	0.04%
	CMI	A	0.13%	0.18%	0.13%
	CMS	A	0.07%	0.06%	0.06%
	CNC	C	0.31%	0.26%	0.26%
	CNO	A	0.02%	0.03%	0.02%
	CNP	B	0.08%	0.06%	0.06%
	CNX	C	0.02%	0.02%	0.02%
	COF	B	0.35%	0.43%	0.35%
	COP	D	0.48%	0.47%	0.47%
	COST	A	0.53%	0.67%	0.53%
	CPAY	D	0.03%	0.05%	0.03%
	CPB	B	0.04%	0.03%	0.03%
	CPRI	F	0.02%	0.02%	0.02%
	CPRT	D	0.03%	0.03%	0.03%
	CPT	B	0.03%	0.02%	0.02%
	CRBG	B	0.07%	0.03%	0.03%
	CRI	F	0.01%	0.02%	0.01%
	CRL	D	0.02%	0.02%	0.02%
	CRM	D	0.23%	0.13%	0.13%
	CSCO	D	0.57%	0.75%	0.57%
	CSL	A	0.03%	0.05%	0.03%
	CSX	D	0.14%	0.22%	0.14%
	CTAS	A	0.05%	0.08%	0.05%
	CTLT	D	0.03%	0.02%	0.02%
	CTSH	D	0.09%	0.16%	0.09%
	CTVA	B	0.1%	0.09%	0.09%
	CVS	F	0.6%	0.61%	0.6%
	CVX	A	1.25%	1.24%	1.24%
	CW	A	0.02%	0.03%	0.02%
	CZR	F	0.03%	0.01%	0.01%
	D	A	0.27%	0.18%	0.18%
	DAL	A	0.04%	0.03%	0.03%
	DAN	C	0.02%	0.02%	0.02%
	DAR	D	0.03%	0.02%	0.02%
	DCI	A	0.02%	0.02%	0.02%
	DD	A	0.17%	0.18%	0.17%
	DE	B	0.24%	0.23%	0.23%
	DECK	D	0.02%	0.03%	0.02%
	DFS	C	0.15%	0.22%	0.15%
	DG	D	0.11%	0.14%	0.11%
	DGX	B	0.07%	0.07%	0.07%
	DHI	D	0.12%	0.17%	0.12%
	DHR	B	0.19%	0.16%	0.16%
	DINO	D	0.05%	0.06%	0.05%
	DIS	D	0.44%	0.44%	0.44%
	DK	D	0.03%	0.02%	0.02%
	DKS	D	0.04%	0.05%	0.04%
	DLR	D	0.11%	0.08%	0.08%
	DLTR	D	0.08%	0.07%	0.07%
	DOC	A	0.07%	0.04%	0.04%
	DOV	A	0.05%	0.06%	0.05%
	DOW	B	0.26%	0.23%	0.23%
	DOX	F	0.03%	0.04%	0.03%
	DPZ	C	0.02%	0.05%	0.02%
	DRI	F	0.04%	0.04%	0.04%
	DTE	A	0.1%	0.08%	0.08%
	DUK	A	0.4%	0.31%	0.31%
	DVA	C	0.04%	0.06%	0.04%
	DVN	C	0.14%	0.09%	0.09%
	DXC	F	0.05%	0.05%	0.05%
	EA	F	0.04%	0.07%	0.04%
	EBAY	D	0.08%	0.17%	0.08%
	ECL	A	0.08%	0.09%	0.08%
	ED	A	0.17%	0.13%	0.13%
	EFX	D	0.03%	0.03%	0.03%
	EG	C	0.05%	0.04%	0.04%
	EHC	A	0.02%	0.02%	0.02%
	EIX	A	0.14%	0.1%	0.1%
	EL	F	0.05%	0.06%	0.05%
	ELV	A	0.41%	0.51%	0.41%
	EME	A	0.04%	0.06%	0.04%
	EMN	A	0.07%	0.08%	0.07%
	EMR	B	0.14%	0.18%	0.14%
	EOG	C	0.28%	0.21%	0.21%
	EPAM	F	0.01%	0.01%	0.01%
	EQH	A	0.05%	0.05%	0.05%
	EQIX	D	0.09%	0.08%	0.08%
	EQR	A	0.08%	0.05%	0.05%
	EQT	C	0.04%	0.02%	0.02%
	ES	B	0.11%	0.08%	0.08%
	ESS	A	0.05%	0.03%	0.03%
	ETN	B	0.18%	0.26%	0.18%
	ETR	A	0.13%	0.1%	0.1%
	ETRN	C	0.03%	0.03%	0.03%
	EVR	B	0.02%	0.04%	0.02%
	EVRG	B	0.07%	0.07%	0.07%
	EW	D	0.04%	0.05%	0.04%
	EWBC	B	0.04%	0.03%	0.03%
	EXC	B	0.22%	0.17%	0.17%
	EXPE	F	0.03%	0.02%	0.02%
	EXR	C	0.04%	0.04%	0.04%
	F	D	0.47%	0.37%	0.37%
	FAF	D	0.04%	0.04%	0.04%
	FANG	B	0.09%	0.05%	0.05%
	FAST	D	0.05%	0.06%	0.05%
	FCNCA	B	0.03%	0.02%	0.02%
	FCX	A	0.18%	0.18%	0.18%
	FDX	C	0.3%	0.3%	0.3%
	FE	A	0.11%	0.1%	0.1%
	FFIV	D	0.02%	0.03%	0.02%
	FHN	A	0.05%	0.03%	0.03%
	FIS	A	0.14%	0.14%	0.14%
	FITB	A	0.13%	0.13%	0.13%
	FL	F	0.02%	0.03%	0.02%
	FLEX	C	0.06%	0.06%	0.06%
	FLO	B	0.02%	0.02%	0.02%
	FLR	D	0.02%	0.02%	0.02%
	FMC	C	0.04%	0.03%	0.03%
	FNF	B	0.06%	0.06%	0.06%
	FOXA	B	0.04%	0.07%	0.04%
	FSLR	B	0.03%	0.02%	0.02%
	FTI	B	0.02%	0.03%	0.02%
	FTNT	F	0.01%	0.02%	0.01%
	FTV	D	0.04%	0.03%	0.03%
	FYBR	B	0.05%	0.03%	0.03%
	G	D	0.02%	0.02%	0.02%
	GD	A	0.2%	0.24%	0.2%
	GDDY	A	0.02%	0.02%	0.02%
	GE	C	0.22%	0.19%	0.19%
	GEHC	D	0.08%	0.04%	0.04%
	GEV	C	0.06%	0.05%	0.05%
	GGG	D	0.02%	0.02%	0.02%
	GILD	F	0.3%	0.28%	0.28%
	GIS	B	0.16%	0.12%	0.12%
	GL	F	0.02%	0.02%	0.02%
	GLPI	D	0.03%	0.02%	0.02%
	GLW	B	0.1%	0.12%	0.1%
	GM	B	0.68%	0.73%	0.68%
	GNRC	B	0.02%	0.02%	0.02%
	GNTX	D	0.02%	0.03%	0.02%
	GNW	B	0.02%	0.03%	0.02%
	GOOG	B	0.95%	1.23%	0.95%
	GOOGL	B	1.11%	1.38%	1.11%
	GPC	C	0.07%	0.06%	0.06%
	GPI	B	0.04%	0.04%	0.04%
	GPK	C	0.03%	0.03%	0.03%
	GPN	F	0.07%	0.07%	0.07%
	GPS	D	0.03%	0.05%	0.03%
	GRMN	A	0.06%	0.06%	0.06%
	GS	A	0.66%	0.59%	0.59%
	GT	D	0.06%	0.05%	0.05%
	GWW	D	0.05%	0.07%	0.05%
	GXO	C	0.02%	0.02%	0.02%
	HAL	F	0.09%	0.08%	0.08%
	HAS	C	0.04%	0.03%	0.03%
	HBAN	A	0.1%	0.07%	0.07%
	HBI	D	0.03%	0.03%	0.03%
	HCA	C	0.16%	0.22%	0.16%
	HD	D	0.67%	0.75%	0.67%
	HES	B	0.06%	0.05%	0.05%
	HIG	B	0.13%	0.14%	0.13%
	HII	D	0.03%	0.04%	0.03%
	HLT	C	0.03%	0.06%	0.03%
	HOG	D	0.02%	0.03%	0.02%
	HOLX	D	0.04%	0.04%	0.04%
	HON	C	0.29%	0.35%	0.29%
	HPE	D	0.17%	0.2%	0.17%
	HPQ	C	0.17%	0.19%	0.17%
	HRB	A	0.02%	0.02%	0.02%
	HRL	B	0.04%	0.04%	0.04%
	HSIC	C	0.04%	0.04%	0.04%
	HST	D	0.04%	0.04%	0.04%
	HSY	B	0.06%	0.04%	0.04%
	HTZ	F	0.02%	0.0%	0.0%
	HUBB	C	0.03%	0.04%	0.03%
	HUBG	B	0.02%	0.02%	0.02%
	HUM	D	0.19%	0.2%	0.19%
	HUN	D	0.03%	0.04%	0.03%
	HWM	B	0.04%	0.06%	0.04%
	IBM	D	0.46%	0.51%	0.46%
	ICE	D	0.11%	0.11%	0.11%
	ICLR	D	0.04%	0.03%	0.03%
	IDXX	D	0.02%	0.03%	0.02%
	IEX	D	0.02%	0.03%	0.02%
	IFF	A	0.09%	0.06%	0.06%
	ILMN	F	0.02%	0.02%	0.02%
	INGR	A	0.03%	0.04%	0.03%
	INTC	F	0.63%	0.92%	0.63%
	INTU	D	0.09%	0.11%	0.09%
	INVH	B	0.05%	0.03%	0.03%
	IP	B	0.12%	0.13%	0.12%
	IPG	D	0.05%	0.04%	0.04%
	IQV	D	0.07%	0.08%	0.07%
	IR	D	0.03%	0.03%	0.03%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	C	0.06%	0.07%	0.06%
	IT	D	0.02%	0.03%	0.02%
	ITT	A	0.02%	0.03%	0.02%
	ITW	D	0.12%	0.15%	0.12%
	IVZ	C	0.05%	0.04%	0.04%
	J	D	0.04%	0.05%	0.04%
	JAZZ	F	0.02%	0.02%	0.02%
	JBHT	D	0.03%	0.04%	0.03%
	JBL	D	0.05%	0.05%	0.05%
	JCI	B	0.16%	0.15%	0.15%
	JEF	A	0.05%	0.05%	0.05%
	JHG	A	0.03%	0.03%	0.03%
	JKHY	C	0.02%	0.02%	0.02%
	JLL	B	0.05%	0.08%	0.05%
	JNJ	D	1.01%	0.92%	0.92%
	JNPR	D	0.03%	0.05%	0.03%
	JPM	A	2.0%	2.05%	2.0%
	JWN	B	0.03%	0.03%	0.03%
	JXN	B	0.08%	0.04%	0.04%
	K	B	0.07%	0.06%	0.06%
	KBH	B	0.02%	0.03%	0.02%
	KBR	B	0.02%	0.02%	0.02%
	KD	A	0.06%	0.07%	0.06%
	KDP	A	0.1%	0.07%	0.07%
	KEY	B	0.1%	0.1%	0.1%
	KEYS	D	0.03%	0.03%	0.03%
	KHC	C	0.17%	0.11%	0.11%
	KIM	B	0.04%	0.03%	0.03%
	KKR	B	0.1%	0.11%	0.1%
	KLAC	A	0.07%	0.1%	0.07%
	KMB	B	0.15%	0.11%	0.11%
	KMI	A	0.24%	0.18%	0.18%
	KMX	D	0.08%	0.06%	0.06%
	KNX	D	0.03%	0.03%	0.03%
	KO	A	0.51%	0.39%	0.39%
	KR	C	0.31%	0.3%	0.3%
	KSS	F	0.06%	0.09%	0.06%
	L	A	0.06%	0.05%	0.05%
	LAD	D	0.05%	0.05%	0.05%
	LAMR	A	0.03%	0.02%	0.02%
	LDOS	A	0.06%	0.08%	0.06%
	LEA	D	0.06%	0.07%	0.06%
	LECO	D	0.01%	0.02%	0.01%
	LEG	F	0.02%	0.01%	0.01%
	LEN	C	0.13%	0.19%	0.13%
	LEN	C	0.01%	0.19%	0.01%
	LH	D	0.06%	0.08%	0.06%
	LHX	A	0.11%	0.16%	0.11%
	LII	B	0.02%	0.03%	0.02%
	LIN	D	0.29%	0.32%	0.29%
	LKQ	D	0.05%	0.05%	0.05%
	LLY	C	0.23%	0.24%	0.23%
	LMT	A	0.32%	0.32%	0.32%
	LNC	B	0.06%	0.06%	0.06%
	LNG	D	0.05%	0.04%	0.04%
	LNT	B	0.05%	0.04%	0.04%
	LOW	D	0.32%	0.39%	0.32%
	LPLA	C	0.03%	0.03%	0.03%
	LPX	A	0.02%	0.04%	0.02%
	LRCX	D	0.1%	0.21%	0.1%
	LSTR	C	0.02%	0.02%	0.02%
	LULU	F	0.02%	0.03%	0.02%
	LUMN	F	0.02%	0.12%	0.02%
	LUV	D	0.02%	0.02%	0.02%
	LVS	D	0.04%	0.04%	0.04%
	LW	D	0.02%	0.02%	0.02%
	LYB	C	0.18%	0.16%	0.16%
	M	D	0.07%	0.07%	0.07%
	MA	D	0.17%	0.27%	0.17%
	MAA	B	0.05%	0.03%	0.03%
	MAN	B	0.03%	0.06%	0.03%
	MAR	D	0.05%	0.09%	0.05%
	MAS	D	0.03%	0.05%	0.03%
	MCD	D	0.28%	0.32%	0.28%
	MCHP	C	0.08%	0.07%	0.07%
	MCK	A	0.44%	0.11%	0.11%
	MCO	A	0.05%	0.07%	0.05%
	MDLZ	B	0.22%	0.22%	0.22%
	MDT	C	0.37%	0.35%	0.35%
	MDU	A	0.03%	0.02%	0.02%
	MET	B	0.28%	0.27%	0.27%
	META	D	0.85%	1.82%	0.85%
	MGM	F	0.05%	0.06%	0.05%
	MHK	C	0.05%	0.06%	0.05%
	MIDD	F	0.02%	0.02%	0.02%
	MKC	B	0.05%	0.03%	0.03%
	MKL	A	0.09%	0.05%	0.05%
	MKSI	C	0.02%	0.02%	0.02%
	MLI	A	0.02%	0.03%	0.02%
	MLM	C	0.04%	0.05%	0.04%
	MMC	B	0.14%	0.13%	0.13%
	MMM	A	0.36%	0.32%	0.32%
	MMS	B	0.02%	0.02%	0.02%
	MNST	D	0.03%	0.04%	0.03%
	MO	A	0.46%	0.35%	0.35%
	MOH	D	0.06%	0.05%	0.05%
	MOS	F	0.07%	0.06%	0.06%
	MPC	D	0.37%	0.44%	0.37%
	MPW	C	0.06%	0.02%	0.02%
	MRK	B	0.59%	0.6%	0.59%
	MRNA	C	0.15%	0.06%	0.06%
	MRO	D	0.07%	0.08%	0.07%
	MRVL	D	0.06%	0.04%	0.04%
	MS	A	0.47%	0.37%	0.37%
	MSCI	D	0.02%	0.02%	0.02%
	MSFT	C	1.99%	2.56%	1.99%
	MSI	A	0.06%	0.06%	0.06%
	MSM	D	0.02%	0.02%	0.02%
	MTB	A	0.12%	0.1%	0.1%
	MTD	B	0.02%	0.04%	0.02%
	MTG	B	0.02%	0.02%	0.02%
	MTH	A	0.03%	0.04%	0.03%
	MTN	D	0.02%	0.02%	0.02%
	MTZ	B	0.04%	0.03%	0.03%
	MU	B	0.43%	0.57%	0.43%
	MUR	D	0.03%	0.02%	0.02%
	MUSA	A	0.03%	0.04%	0.03%
	NAVI	F	0.02%	0.02%	0.02%
	NDAQ	C	0.03%	0.03%	0.03%
	NDSN	A	0.02%	0.02%	0.02%
	NEE	B	0.42%	0.28%	0.28%
	NEM	B	0.18%	0.17%	0.17%
	NFG	A	0.02%	0.02%	0.02%
	NFLX	C	0.16%	0.13%	0.13%
	NI	A	0.05%	0.04%	0.04%
	NKE	F	0.16%	0.2%	0.16%
	NOC	C	0.17%	0.19%	0.17%
	NOV	D	0.03%	0.03%	0.03%
	NOW	D	0.03%	0.02%	0.02%
	NRG	A	0.1%	0.13%	0.1%
	NSC	D	0.12%	0.19%	0.12%
	NSIT	A	0.02%	0.03%	0.02%
	NTAP	B	0.06%	0.08%	0.06%
	NTRS	B	0.08%	0.07%	0.07%
	NUE	D	0.15%	0.21%	0.15%
	NVDA	B	0.18%	0.34%	0.18%
	NVR	D	0.04%	0.07%	0.04%
	NVT	B	0.02%	0.03%	0.02%
	NWL	C	0.04%	0.03%	0.03%
	NWSA	D	0.03%	0.04%	0.03%
	NXPI	A	0.1%	0.13%	0.1%
	NXST	B	0.03%	0.03%	0.03%
	NYCB	D	0.03%	0.01%	0.01%
	O	B	0.1%	0.04%	0.04%
	OC	A	0.05%	0.07%	0.05%
	ODFL	D	0.02%	0.04%	0.02%
	ODP	F	0.01%	0.02%	0.01%
	OGE	A	0.04%	0.03%	0.03%
	OGN	B	0.05%	0.08%	0.05%
	OI	F	0.02%	0.02%	0.02%
	OKE	A	0.15%	0.12%	0.12%
	OLN	D	0.04%	0.04%	0.04%
	OMC	A	0.08%	0.08%	0.08%
	OMF	B	0.05%	0.06%	0.05%
	ON	F	0.05%	0.04%	0.04%
	ORCL	D	0.23%	0.36%	0.23%
	ORI	A	0.05%	0.04%	0.04%
	ORLY	D	0.05%	0.09%	0.05%
	OSK	C	0.03%	0.05%	0.03%
	OTIS	C	0.06%	0.05%	0.05%
	OVV	D	0.05%	0.06%	0.05%
	OXY	D	0.17%	0.14%	0.14%
	PAG	B	0.02%	0.02%	0.02%
	PARA	C	0.15%	0.12%	0.12%
	PAYX	C	0.07%	0.06%	0.06%
	PBF	F	0.06%	0.04%	0.04%
	PCAR	D	0.14%	0.15%	0.14%
	PCG	B	0.11%	0.03%	0.03%
	PEG	A	0.14%	0.11%	0.11%
	PENN	F	0.03%	0.01%	0.01%
	PEP	B	0.58%	0.46%	0.46%
	PFE	C	0.93%	0.69%	0.69%
	PFG	C	0.11%	0.09%	0.09%
	PFGC	D	0.07%	0.05%	0.05%
	PG	A	0.77%	0.82%	0.77%
	PGR	A	0.22%	0.24%	0.22%
	PH	A	0.09%	0.12%	0.09%
	PHM	B	0.07%	0.12%	0.07%
	PII	F	0.02%	0.02%	0.02%
	PK	D	0.03%	0.03%	0.03%
	PKG	D	0.05%	0.06%	0.05%
	PLD	D	0.16%	0.06%	0.06%
	PM	A	0.57%	0.42%	0.42%
	PNC	A	0.31%	0.28%	0.28%
	PNR	B	0.02%	0.04%	0.02%
	PNW	B	0.05%	0.04%	0.04%
	POOL	D	0.02%	0.02%	0.02%
	POR	B	0.02%	0.02%	0.02%
	POST	A	0.02%	0.02%	0.02%
	PPG	D	0.08%	0.09%	0.08%
	PPL	A	0.13%	0.11%	0.11%
	PRGO	D	0.03%	0.03%	0.03%
	PRI	D	0.02%	0.02%	0.02%
	PRU	A	0.24%	0.26%	0.24%
	PSA	C	0.07%	0.05%	0.05%
	PSX	D	0.35%	0.43%	0.35%
	PVH	D	0.03%	0.05%	0.03%
	PWR	A	0.05%	0.07%	0.05%
	PYPL	C	0.17%	0.17%	0.17%
	QCOM	A	0.4%	0.59%	0.4%
	QRVO	F	0.03%	0.05%	0.03%
	R	A	0.05%	0.06%	0.05%
	REG	D	0.03%	0.02%	0.02%
	REGN	C	0.14%	0.14%	0.14%
	REZI	C	0.02%	0.02%	0.02%
	RF	B	0.1%	0.07%	0.07%
	RGA	A	0.06%	0.05%	0.05%
	RHI	D	0.02%	0.03%	0.02%
	RJF	B	0.06%	0.05%	0.05%
	RL	D	0.02%	0.03%	0.02%
	RMD	C	0.04%	0.03%	0.03%
	ROK	D	0.05%	0.06%	0.05%
	ROP	D	0.07%	0.05%	0.05%
	ROST	D	0.06%	0.07%	0.06%
	RPM	D	0.03%	0.03%	0.03%
	RRX	D	0.03%	0.03%	0.03%
	RS	D	0.05%	0.08%	0.05%
	RSG	B	0.06%	0.06%	0.06%
	RTX	A	0.45%	0.33%	0.33%
	RUSHA	D	0.01%	0.02%	0.01%
	SAIC	B	0.02%	0.03%	0.02%
	SANM	B	0.03%	0.03%	0.03%
	SBAC	D	0.02%	0.02%	0.02%
	SBUX	F	0.14%	0.2%	0.14%
	SCHW	A	0.2%	0.14%	0.14%
	SCI	D	0.02%	0.02%	0.02%
	SEE	B	0.02%	0.03%	0.02%
	SEIC	D	0.01%	0.02%	0.01%
	SFM	A	0.03%	0.04%	0.03%
	SHW	D	0.08%	0.08%	0.08%
	SJM	D	0.05%	0.06%	0.05%
	SKX	A	0.03%	0.03%	0.03%
	SLB	D	0.16%	0.13%	0.13%
	SLG	B	0.03%	0.03%	0.03%
	SLM	B	0.02%	0.04%	0.02%
	SM	C	0.02%	0.02%	0.02%
	SNA	D	0.04%	0.04%	0.04%
	SNPS	D	0.03%	0.03%	0.03%
	SNV	A	0.03%	0.02%	0.02%
	SNX	A	0.05%	0.03%	0.03%
	SO	A	0.36%	0.26%	0.26%
	SOLV	F	0.05%	0.05%	0.05%
	SON	B	0.03%	0.03%	0.03%
	SPG	D	0.11%	0.11%	0.11%
	SPGI	B	0.16%	0.12%	0.12%
	SQ	D	0.07%	0.02%	0.02%
	SRE	A	0.18%	0.12%	0.12%
	SSNC	C	0.03%	0.03%	0.03%
	ST	B	0.02%	0.03%	0.02%
	STE	C	0.03%	0.03%	0.03%
	STLD	D	0.08%	0.11%	0.08%
	STT	B	0.14%	0.09%	0.09%
	STWD	C	0.04%	0.02%	0.02%
	STX	C	0.07%	0.11%	0.07%
	STZ	C	0.07%	0.08%	0.07%
	SUI	D	0.04%	0.02%	0.02%
	SWK	D	0.08%	0.08%	0.08%
	SWKS	F	0.04%	0.04%	0.04%
	SWN	C	0.06%	0.03%	0.03%
	SYF	B	0.16%	0.28%	0.16%
	SYK	D	0.12%	0.12%	0.12%
	SYY	D	0.15%	0.11%	0.11%
	T	B	0.99%	1.16%	0.99%
	TAP	D	0.05%	0.05%	0.05%
	TDG	A	0.07%	0.08%	0.07%
	TDS	B	0.04%	0.04%	0.04%
	TDY	D	0.04%	0.02%	0.02%
	TEL	A	0.1%	0.11%	0.1%
	TER	A	0.03%	0.05%	0.03%
	TFC	A	0.34%	0.23%	0.23%
	TFX	F	0.02%	0.02%	0.02%
	TGNA	B	0.02%	0.02%	0.02%
	TGT	D	0.33%	0.42%	0.33%
	THC	A	0.1%	0.07%	0.07%
	THG	A	0.02%	0.02%	0.02%
	THO	D	0.03%	0.04%	0.03%
	TJX	C	0.17%	0.2%	0.17%
	TKR	B	0.02%	0.02%	0.02%
	TMHC	B	0.04%	0.04%	0.04%
	TMO	B	0.27%	0.29%	0.27%
	TMUS	B	0.25%	0.19%	0.19%
	TNL	D	0.02%	0.02%	0.02%
	TOL	B	0.05%	0.06%	0.05%
	TPH	A	0.02%	0.03%	0.02%
	TPR	D	0.03%	0.04%	0.03%
	TPX	C	0.01%	0.02%	0.01%
	TRGP	C	0.07%	0.05%	0.05%
	TRMB	D	0.02%	0.03%	0.02%
	TROW	D	0.1%	0.13%	0.1%
	TRU	B	0.03%	0.02%	0.02%
	TRV	D	0.22%	0.29%	0.22%
	TSCO	B	0.05%	0.06%	0.05%
	TSLA	D	0.22%	0.11%	0.11%
	TSN	C	0.16%	0.2%	0.16%
	TT	A	0.09%	0.11%	0.09%
	TTC	F	0.02%	0.02%	0.02%
	TTWO	D	0.04%	0.02%	0.02%
	TXN	A	0.35%	0.35%	0.35%
	TXT	D	0.05%	0.06%	0.05%
	UBER	D	0.05%	0.04%	0.04%
	UDR	B	0.04%	0.02%	0.02%
	UFPI	B	0.02%	0.03%	0.02%
	UGI	C	0.05%	0.05%	0.05%
	UHAL	B	0.0%	0.0%	0.0%
	UHAL	B	0.02%	0.02%	0.02%
	UHAL	B	0.0%	0.02%	0.0%
	UHAL	B	0.02%	0.0%	0.0%
	UHS	C	0.05%	0.09%	0.05%
	ULTA	D	0.03%	0.03%	0.03%
	UNFI	F	0.01%	0.02%	0.01%
	UNH	B	1.01%	1.08%	1.01%
	UNM	B	0.07%	0.05%	0.05%
	UNP	C	0.28%	0.41%	0.28%
	UPS	D	0.39%	0.27%	0.27%
	URI	C	0.1%	0.13%	0.1%
	USB	D	0.34%	0.3%	0.3%
	USFD	B	0.08%	0.07%	0.07%
	V	C	0.25%	0.35%	0.25%
	VAC	C	0.02%	0.02%	0.02%
	VFC	F	0.05%	0.04%	0.04%
	VICI	B	0.07%	0.02%	0.02%
	VLO	D	0.41%	0.45%	0.41%
	VMC	B	0.04%	0.05%	0.04%
	VNO	F	0.04%	0.04%	0.04%
	VOYA	B	0.03%	0.03%	0.03%
	VRSK	A	0.03%	0.04%	0.03%
	VRTX	C	0.08%	0.07%	0.07%
	VSH	C	0.02%	0.02%	0.02%
	VST	B	0.11%	0.17%	0.11%
	VTR	B	0.09%	0.07%	0.07%
	VTRS	D	0.09%	0.09%	0.09%
	VZ	C	1.27%	1.28%	1.27%
	WAB	A	0.06%	0.06%	0.06%
	WAT	C	0.02%	0.04%	0.02%
	WBA	F	0.26%	0.25%	0.25%
	WBD	F	0.15%	0.06%	0.06%
	WCC	B	0.05%	0.04%	0.04%
	WDC	B	0.13%	0.18%	0.13%
	WEC	B	0.11%	0.08%	0.08%
	WELL	A	0.13%	0.09%	0.09%
	WERN	D	0.01%	0.02%	0.01%
	WFC	A	1.17%	1.43%	1.17%
	WHR	F	0.05%	0.06%	0.05%
	WLK	B	0.02%	0.02%	0.02%
	WM	A	0.13%	0.16%	0.13%
	WMB	A	0.19%	0.14%	0.14%
	WMT	B	0.95%	1.17%	0.95%
	WPC	B	0.04%	0.02%	0.02%
	WRB	D	0.04%	0.03%	0.03%
	WRK	A	0.11%	0.14%	0.11%
	WSM	A	0.05%	0.07%	0.05%
	WSO	A	0.03%	0.04%	0.03%
	WST	D	0.02%	0.02%	0.02%
	WTRG	B	0.03%	0.02%	0.02%
	WTW	D	0.06%	0.06%	0.06%
	WU	D	0.04%	0.04%	0.04%
	WY	D	0.1%	0.09%	0.09%
	X	D	0.05%	0.08%	0.05%
	XEL	C	0.13%	0.1%	0.1%
	XOM	B	2.38%	2.06%	2.06%
	XRAY	F	0.02%	0.02%	0.02%
	XRX	D	0.02%	0.03%	0.02%
	XYL	A	0.04%	0.05%	0.04%
	YUM	D	0.06%	0.09%	0.06%
	ZBH	D	0.06%	0.05%	0.05%
	ZBRA	B	0.03%	0.03%	0.03%
	ZIM	B	0.1%	0.06%	0.06%
	ZION	B	0.04%	0.05%	0.04%
	ZTS	D	0.06%	0.07%	0.06%

PRF Overweight 279 Positions Relative to FNDX

	Symbol	Grade	Weight
	CTRA	B	0.09%
	RIG	F	0.04%
	UAL	B	0.04%
	EXPD	D	0.04%
	SCCO	A	0.03%
	KRC	D	0.03%
	OHI	C	0.03%
	BHF	F	0.03%
	PB	B	0.03%
	HLF	C	0.03%
	FNB	A	0.03%
	SWX	A	0.03%
	AXS	A	0.03%
	SF	A	0.03%
	COOP	A	0.03%
	AGNC	A	0.03%
	CPNG	C	0.03%
	UTHR	B	0.03%
	CSGP	C	0.03%
	WBS	D	0.03%
	TWLO	D	0.03%
	RCL	B	0.03%
	ELAN	C	0.03%
	ACHC	D	0.02%
	RUN	F	0.02%
	ATI	B	0.02%
	TYL	A	0.02%
	GRAB	C	0.02%
	STAG	D	0.02%
	ABNB	D	0.02%
	DY	A	0.02%
	WDAY	F	0.02%
	BCO	A	0.02%
	VSCO	D	0.02%
	MTDR	D	0.02%
	VNT	D	0.02%
	FCN	B	0.02%
	ASH	A	0.02%
	GATX	C	0.02%
	ENTG	D	0.02%
	HOMB	B	0.02%
	FULT	A	0.02%
	APLE	D	0.02%
	SMG	D	0.02%
	RRC	C	0.02%
	FHB	B	0.02%
	LYV	D	0.02%
	TROX	B	0.02%
	APG	D	0.02%
	OMI	F	0.02%
	WWD	A	0.02%
	VSAT	D	0.02%
	GBCI	C	0.02%
	ATKR	D	0.02%
	TCBI	B	0.02%
	EPR	C	0.02%
	SLGN	B	0.02%
	BKU	B	0.02%
	RIVN	F	0.02%
	GEO	C	0.02%
	AGO	D	0.02%
	NJR	B	0.02%
	SLVM	C	0.02%
	WYNN	D	0.02%
	GMS	B	0.02%
	INCY	F	0.02%
	MHO	C	0.02%
	PNM	C	0.02%
	VRT	B	0.02%
	REXR	D	0.02%
	PCH	D	0.02%
	LBRDK	F	0.02%
	CBT	A	0.02%
	OKTA	D	0.02%
	ESNT	C	0.02%
	LNW	D	0.02%
	NVST	F	0.02%
	XPO	D	0.02%
	PHIN	A	0.02%
	NWE	B	0.02%
	CBSH	A	0.02%
	ALE	B	0.02%
	AVA	B	0.02%
	MELI	B	0.02%
	AVNT	B	0.02%
	SIG	D	0.02%
	HCC	C	0.02%
	IAC	B	0.02%
	AAL	C	0.02%
	OGS	C	0.02%
	HP	F	0.02%
	SEM	A	0.02%
	TRN	A	0.02%
	DASH	D	0.02%
	SBRA	B	0.02%
	HE	F	0.02%
	KMPR	B	0.02%
	ELS	D	0.02%
	SR	B	0.02%
	DEI	B	0.02%
	COIN	D	0.02%
	CFR	D	0.02%
	RPRX	F	0.02%
	HWC	B	0.02%
	CADE	B	0.02%
	SSB	C	0.02%
	RNR	D	0.02%
	FLS	A	0.02%
	COLD	D	0.02%
	AGR	B	0.02%
	W	B	0.02%
	CUBE	D	0.02%
	ASB	A	0.02%
	IDA	B	0.02%
	CWK	B	0.02%
	HOOD	D	0.02%
	CIVI	B	0.02%
	HIW	B	0.02%
	CNM	A	0.02%
	UBSI	C	0.02%
	CUZ	B	0.02%
	FOX	B	0.02%
	PNFP	C	0.02%
	COHR	D	0.02%
	CSTM	D	0.02%
	ONB	A	0.02%
	MAT	D	0.02%
	KEX	A	0.02%
	MAC	D	0.02%
	CLH	B	0.02%
	AIRC	A	0.02%
	BIO	F	0.02%
	RDN	C	0.02%
	WTFC	B	0.02%
	SPOT	B	0.02%
	CHRD	B	0.02%
	VLY	D	0.02%
	NNN	A	0.02%
	BKH	B	0.02%
	ZM	D	0.02%
	VLTO	A	0.02%
	OZK	B	0.02%
	BXMT	F	0.02%
	FRT	C	0.02%
	GME	C	0.02%
	AMH	C	0.02%
	DTM	A	0.02%
	WAL	B	0.02%
	HEI	A	0.01%
	UAA	F	0.01%
	SEDG	F	0.01%
	UA	D	0.01%
	HEI	A	0.01%
	CLVT	F	0.01%
	UNIT	F	0.01%
	PARR	F	0.01%
	FIVE	F	0.01%
	NWS	D	0.01%
	ARCB	D	0.01%
	VSTS	F	0.01%
	WSC	D	0.01%
	IGT	F	0.01%
	BXC	D	0.01%
	LGIH	D	0.01%
	HELE	D	0.01%
	CNXC	F	0.01%
	AMR	F	0.01%
	OPCH	D	0.01%
	SAIA	F	0.01%
	BYD	F	0.01%
	EGP	D	0.01%
	CRC	F	0.01%
	JELD	F	0.01%
	XP	F	0.01%
	Z	D	0.01%
	GTN	C	0.01%
	WH	F	0.01%
	RLJ	F	0.01%
	MLKN	D	0.01%
	SNOW	F	0.01%
	PINC	F	0.01%
	OPEN	F	0.01%
	DRH	F	0.01%
	BGS	F	0.01%
	BWXT	D	0.01%
	STNE	B	0.01%
	PECO	F	0.01%
	CABO	F	0.01%
	LXP	D	0.01%
	CBRL	F	0.01%
	INDB	C	0.01%
	SITE	D	0.01%
	PFSI	A	0.01%
	URBN	C	0.01%
	UCBI	B	0.01%
	SBH	F	0.01%
	RXO	C	0.01%
	FR	D	0.01%
	DIOD	D	0.01%
	NUS	D	0.01%
	AUB	C	0.01%
	PPBI	B	0.01%
	CCS	D	0.01%
	LITE	F	0.01%
	ESI	D	0.01%
	UVV	B	0.01%
	KMT	B	0.01%
	MC	C	0.01%
	JBGS	F	0.01%
	FIBK	B	0.01%
	LFUS	B	0.01%
	APAM	C	0.01%
	AIT	C	0.01%
	RLI	A	0.01%
	CATY	C	0.01%
	SMCI	D	0.01%
	RYN	F	0.01%
	ARI	D	0.01%
	BOKF	A	0.01%
	FFBC	B	0.01%
	KNF	B	0.01%
	AMKR	B	0.01%
	NSP	C	0.01%
	PTC	D	0.01%
	ENOV	F	0.01%
	LCII	D	0.01%
	GEF	D	0.01%
	TTMI	A	0.01%
	IRT	B	0.01%
	SFNC	D	0.01%
	ABR	C	0.01%
	MTCH	F	0.01%
	SOFI	F	0.01%
	THS	F	0.01%
	HPP	F	0.01%
	CXW	B	0.01%
	PLXS	B	0.01%
	GTLS	C	0.01%
	EXEL	F	0.01%
	SPB	B	0.01%
	AMN	F	0.01%
	PMT	A	0.01%
	ABCB	B	0.01%
	COLB	C	0.01%
	CIM	C	0.01%
	PDCO	F	0.01%
	UMBF	C	0.01%
	FUL	C	0.01%
	HRI	D	0.01%
	OUT	D	0.01%
	EEFT	B	0.01%
	GHC	A	0.01%
	WEX	D	0.01%
	CGNX	B	0.01%
	BDN	B	0.01%
	ENS	B	0.01%
	ARES	A	0.01%
	DXCM	D	0.01%
	TEX	C	0.01%
	KRG	C	0.01%
	ESAB	B	0.01%
	AM	A	0.01%
	RGLD	B	0.01%
	AXL	B	0.01%
	RH	C	0.01%
	BMRN	F	0.01%
	NOMD	C	0.01%
	VMI	B	0.01%
	VEEV	D	0.01%
	SIGI	F	0.01%
	FND	C	0.01%
	SRCL	D	0.01%
	TXRH	A	0.01%
	FDS	D	0.01%
	ADC	B	0.01%
	ESGR	A	0.01%
	ALIT	F	0.01%
	LBRDA	F	0.0%
	ZG	D	0.0%

PRF Underweight 9 Positions Relative to FNDX

	Symbol	Grade	Weight
	QRTEA	F	-0.04%
	EXP	A	-0.03%
	PANW	B	-0.03%
	CYH	C	-0.02%
	CHE	D	-0.02%
	LILAK	B	-0.02%
	SPTN	D	-0.02%
	DBX	F	-0.01%
	VRSN	F	-0.01%

PRF: Top Represented Industries & Keywords

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

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

FNDX: Top Represented Industries & Keywords

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

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