PRF vs. GSIG ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG)

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

$38.05

Average Daily Volume

396,012

Number of Holdings ^*

981

* may have additional holdings in another (foreign) market

GSIG

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF

GSIG Description

Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating in financials, industrial, and utilities sector. The fund invests in investment grade, corporate bonds denominated in U.S. dollars with remaining maturities between one and five years and that are rated at least BBB- by S&P or Baa3 by Moody's. It seeks to track the performance of the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index, by employing representative sampling technique. Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$46.44

Average Daily Volume

363

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

Performance

Period	PRF	GSIG
30 Days	0.17%	-0.14%
60 Days	2.59%	0.10%
90 Days	0.30%	-0.07%
12 Months	18.05%	2.43%

118 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in GSIG	Overlap
AAPL	A	2.35%	0.59%	0.59%
ABBV	B	0.63%	0.32%	0.32%
AEP	C	0.21%	0.16%	0.16%
AER	B	0.1%	0.59%	0.1%
ALLY	B	0.1%	0.72%	0.1%
AMGN	B	0.37%	0.65%	0.37%
AMT	B	0.16%	0.73%	0.16%
AMZN	A	1.74%	0.56%	0.56%
AN	C	0.05%	0.32%	0.05%
APTV	F	0.05%	0.18%	0.05%
AVGO	B	0.51%	0.23%	0.23%
AXP	C	0.26%	0.23%	0.23%
BA	C	0.16%	0.34%	0.16%
BAC	A	1.28%	0.33%	0.33%
BDX	F	0.14%	0.2%	0.14%
C	B	1.12%	0.22%	0.22%
CARR	C	0.1%	0.15%	0.1%
CAT	D	0.31%	0.2%	0.2%
CCI	D	0.12%	0.65%	0.12%
CE	D	0.04%	0.19%	0.04%
CHTR	C	0.2%	0.23%	0.2%
CI	D	0.42%	0.34%	0.34%
CMCSA	F	0.75%	0.39%	0.39%
COF	C	0.34%	0.22%	0.22%
COP	D	0.46%	0.23%	0.23%
CVS	D	0.64%	0.07%	0.07%
CVX	C	1.22%	0.44%	0.44%
DE	F	0.23%	0.21%	0.21%
DGX	D	0.06%	0.44%	0.06%
DHI	D	0.11%	0.23%	0.11%
DIS	D	0.43%	0.09%	0.09%
DLTR	D	0.07%	0.62%	0.07%
DTE	D	0.1%	0.4%	0.1%
DUK	D	0.4%	0.34%	0.34%
EBAY	B	0.09%	0.17%	0.09%
EFX	B	0.03%	0.25%	0.03%
EXC	D	0.2%	0.75%	0.2%
FITB	C	0.12%	0.21%	0.12%
FOXA	A	0.04%	0.63%	0.04%
GILD	C	0.31%	0.22%	0.22%
GIS	D	0.14%	0.33%	0.14%
GLPI	C	0.03%	0.09%	0.03%
GM	B	0.69%	0.22%	0.22%
GPN	D	0.06%	0.21%	0.06%
HAL	D	0.08%	0.42%	0.08%
HBAN	C	0.09%	0.57%	0.09%
HCA	C	0.17%	0.27%	0.17%
HPE	B	0.2%	0.33%	0.2%
HPQ	B	0.2%	0.25%	0.2%
IBM	B	0.47%	0.51%	0.47%
INTC	D	0.6%	0.32%	0.32%
JEF	A	0.05%	0.13%	0.05%
JNJ	F	0.97%	0.21%	0.21%
JPM	A	1.97%	0.2%	0.2%
KMI	B	0.25%	0.22%	0.22%
LEN	D	0.01%	0.34%	0.01%
LEN	D	0.12%	0.34%	0.12%
LHX	B	0.11%	0.23%	0.11%
LIN	C	0.3%	0.43%	0.3%
LMT	B	0.32%	0.22%	0.22%
LUV	C	0.02%	0.23%	0.02%
LVS	F	0.03%	0.16%	0.03%
LYB	D	0.18%	0.36%	0.18%
MAR	B	0.05%	0.12%	0.05%
MET	D	0.27%	0.52%	0.27%
MMC	B	0.14%	0.82%	0.14%
MO	A	0.47%	0.3%	0.3%
MPC	C	0.38%	0.16%	0.16%
MS	B	0.46%	0.16%	0.16%
MSFT	A	2.16%	0.37%	0.37%
MU	C	0.49%	0.61%	0.49%
NEE	D	0.41%	0.32%	0.32%
NKE	F	0.17%	0.46%	0.17%
NOC	D	0.16%	0.28%	0.16%
NUE	D	0.13%	0.09%	0.09%
NXPI	B	0.1%	0.13%	0.1%
ORCL	A	0.26%	0.21%	0.21%
ORLY	B	0.06%	0.44%	0.06%
PCAR	D	0.14%	0.29%	0.14%
PCG	D	0.1%	0.17%	0.1%
PEP	D	0.53%	0.28%	0.28%
PH	C	0.08%	0.76%	0.08%
PM	A	0.58%	0.38%	0.38%
PNC	B	0.29%	0.3%	0.29%
PRU	A	0.24%	0.13%	0.13%
QCOM	B	0.41%	0.34%	0.34%
R	B	0.05%	0.27%	0.05%
ROST	B	0.07%	0.18%	0.07%
RSG	A	0.06%	0.17%	0.06%
SCHW	C	0.18%	0.22%	0.18%
SNX	D	0.04%	0.16%	0.04%
SO	B	0.36%	0.17%	0.17%
SRE	B	0.18%	0.33%	0.18%
STT	C	0.13%	0.32%	0.13%
STZ	B	0.08%	0.24%	0.08%
SYF	A	0.17%	0.11%	0.11%
SYY	D	0.14%	0.34%	0.14%
T	B	1.09%	0.22%	0.22%
TFC	C	0.31%	0.51%	0.31%
TGT	D	0.31%	0.37%	0.31%
TMO	D	0.25%	0.26%	0.25%
TMUS	A	0.27%	0.3%	0.27%
TSN	C	0.15%	0.22%	0.15%
UAL	D	0.04%	0.21%	0.04%
UNP	D	0.26%	0.61%	0.26%
USB	C	0.33%	1.02%	0.33%
V	D	0.24%	0.44%	0.24%
VFC	D	0.05%	0.6%	0.05%
VLO	C	0.4%	0.21%	0.21%
VOYA	D	0.03%	0.17%	0.03%
VZ	B	1.31%	0.2%	0.2%
WBA	F	0.22%	0.69%	0.22%
WFC	C	1.1%	0.28%	0.28%
WM	B	0.13%	0.39%	0.13%
WMB	B	0.2%	0.22%	0.2%
XEL	D	0.12%	0.26%	0.12%
XOM	C	2.32%	0.43%	0.43%
ZBH	F	0.05%	0.21%	0.05%

PRF Overweight 863 Positions Relative to GSIG

Symbol	Grade	Weight
BRK.A	C	2.25%
GOOGL	A	1.18%
WMT	A	1.02%
GOOG	A	1.01%
UNH	C	0.95%
META	B	0.93%
PFE	C	0.89%
PG	C	0.78%
HD	C	0.67%
GS	A	0.66%
MRK	C	0.6%
COST	A	0.57%
CSCO	C	0.56%
KO	A	0.52%
MCK	B	0.48%
F	B	0.47%
RTX	D	0.44%
ELV	B	0.41%
UPS	F	0.37%
TXN	B	0.35%
MMM	B	0.35%
MDT	D	0.35%
PSX	C	0.34%
FDX	A	0.34%
AIG	C	0.33%
BMY	F	0.33%
ABT	D	0.32%
CB	C	0.3%
HON	B	0.3%
LOW	D	0.3%
KR	C	0.29%
ADM	C	0.27%
LLY	A	0.27%
MCD	F	0.27%
BLK	B	0.27%
CNC	D	0.27%
EOG	C	0.27%
CAH	D	0.26%
D	D	0.25%
TSLA	B	0.25%
DOW	D	0.24%
NVDA	B	0.24%
ACN	C	0.23%
PGR	B	0.22%
GE	D	0.22%
BK	A	0.22%
MDLZ	D	0.21%
TRV	D	0.21%
ADI	B	0.2%
CRM	D	0.2%
GD	C	0.2%
HUM	C	0.2%
AMD	B	0.19%
TJX	A	0.19%
FCX	D	0.18%
ETN	D	0.18%
DD	B	0.18%
NEM	B	0.18%
ALL	D	0.18%
DHR	D	0.18%
AFL	B	0.18%
NFLX	A	0.18%
MA	D	0.17%
AMAT	B	0.17%
OXY	D	0.17%
SLB	C	0.16%
PLD	C	0.16%
SPGI	A	0.16%
OKE	A	0.15%
APD	D	0.15%
REGN	B	0.15%
PYPL	D	0.15%
SBUX	F	0.15%
KHC	D	0.15%
CL	B	0.15%
JCI	D	0.15%
ED	D	0.15%
DFS	A	0.15%
KMB	B	0.15%
BBY	B	0.14%
CME	D	0.14%
CEG	C	0.14%
CSX	C	0.14%
FIS	B	0.14%
IP	B	0.14%
MRNA	D	0.14%
PEG	B	0.14%
CFG	B	0.13%
CMI	D	0.13%
DVN	C	0.13%
EIX	D	0.13%
WBD	F	0.13%
BG	B	0.13%
WELL	A	0.13%
EMR	C	0.13%
WDC	B	0.13%
BIIB	C	0.13%
HIG	C	0.13%
DLR	A	0.12%
PARA	D	0.12%
ITW	D	0.12%
ETR	D	0.12%
MTB	B	0.12%
SYK	C	0.12%
ZIM	B	0.12%
ADP	D	0.12%
PPL	D	0.12%
ADBE	B	0.12%
FE	D	0.11%
ES	D	0.11%
SPG	B	0.11%
GLW	B	0.11%
THC	B	0.11%
LRCX	B	0.11%
BSX	B	0.11%
ICE	A	0.11%
NSC	D	0.11%
VTR	A	0.1%
CTVA	D	0.1%
RF	B	0.1%
WEC	D	0.1%
O	D	0.1%
KKR	B	0.1%
TROW	B	0.1%
DG	D	0.1%
BX	B	0.1%
VST	C	0.1%
NRG	C	0.1%
TEL	B	0.1%
BKR	B	0.1%
WRK	D	0.1%
PFG	D	0.1%
KDP	C	0.1%
EQIX	C	0.09%
WY	F	0.09%
URI	C	0.09%
KEY	C	0.09%
BKNG	B	0.09%
TT	B	0.09%
VRTX	B	0.09%
CBRE	C	0.09%
INTU	B	0.09%
FANG	B	0.09%
CTSH	C	0.09%
ARW	D	0.09%
IFF	B	0.09%
TRGP	A	0.08%
TDG	C	0.08%
SHW	D	0.08%
OMC	D	0.08%
CAG	D	0.08%
MRO	B	0.08%
GEHC	D	0.08%
AES	D	0.08%
USFD	C	0.08%
STX	B	0.08%
AA	B	0.08%
AEE	D	0.08%
ACGL	B	0.08%
ECL	B	0.08%
AVB	B	0.08%
MKL	C	0.08%
CNP	B	0.08%
NTRS	C	0.08%
APH	B	0.08%
KMX	B	0.08%
VTRS	D	0.08%
EQR	A	0.08%
CTRA	D	0.08%
ACI	F	0.08%
AMP	B	0.08%
WTW	B	0.07%
PFGC	D	0.07%
NTAP	A	0.07%
CINF	B	0.07%
EMN	D	0.07%
GPC	D	0.07%
CHRW	B	0.07%
FLEX	D	0.07%
DOC	B	0.07%
AZO	C	0.07%
PHM	D	0.07%
ROP	A	0.07%
M	D	0.07%
PSA	B	0.07%
VICI	D	0.07%
CMS	D	0.07%
EVRG	D	0.07%
SWK	D	0.07%
ISRG	B	0.07%
MOS	F	0.07%
IRM	A	0.07%
KLAC	B	0.07%
STLD	C	0.07%
PPG	D	0.07%
MCHP	C	0.07%
ARE	C	0.07%
JXN	B	0.07%
MCO	A	0.06%
CNH	F	0.06%
BJ	B	0.06%
CF	D	0.06%
LDOS	B	0.06%
FNF	C	0.06%
BAX	F	0.06%
PBF	D	0.06%
AON	C	0.06%
SQ	D	0.06%
MSI	A	0.06%
AWK	C	0.06%
ZTS	C	0.06%
RGA	B	0.06%
OTIS	C	0.06%
LNG	B	0.06%
CRBG	B	0.06%
WHR	C	0.06%
IQV	D	0.06%
CCL	B	0.06%
HES	C	0.06%
L	D	0.06%
GEV	B	0.06%
K	D	0.06%
PAYX	D	0.06%
UNM	C	0.06%
AJG	A	0.06%
LNC	B	0.06%
TAP	F	0.05%
DRI	D	0.05%
BLDR	F	0.05%
MHK	D	0.05%
WCC	D	0.05%
BAP	D	0.05%
GT	F	0.05%
EXPD	B	0.05%
ESS	B	0.05%
OGN	C	0.05%
GWW	C	0.05%
TXT	D	0.05%
MAA	B	0.05%
IPG	F	0.05%
LKQ	D	0.05%
RS	D	0.05%
TSCO	D	0.05%
SWKS	B	0.05%
OVV	C	0.05%
UGI	D	0.05%
OC	D	0.05%
SJM	D	0.05%
ROK	D	0.05%
LEA	F	0.05%
HSY	F	0.05%
DINO	D	0.05%
ATO	B	0.05%
UHS	B	0.05%
BALL	D	0.05%
MGM	C	0.05%
LNT	B	0.05%
EG	D	0.05%
CHK	D	0.05%
UBER	B	0.05%
FYBR	B	0.05%
FAST	D	0.05%
OMF	C	0.05%
IVZ	C	0.05%
JBL	F	0.05%
AR	C	0.05%
EQH	A	0.05%
DOV	D	0.05%
ORI	C	0.05%
BXP	B	0.05%
AFG	D	0.05%
PWR	D	0.05%
CTAS	B	0.05%
INVH	A	0.05%
PKG	C	0.05%
BWA	F	0.05%
SWN	D	0.05%
MOH	F	0.05%
CDW	D	0.05%
MPW	F	0.05%
JLL	B	0.05%
KD	B	0.05%
MRVL	B	0.05%
PNW	C	0.05%
X	C	0.05%
APA	D	0.05%
GRMN	B	0.05%
WAB	D	0.05%
RJF	C	0.05%
YUM	D	0.05%
NI	B	0.05%
KSS	F	0.05%
AIZ	D	0.04%
HSIC	D	0.04%
HWM	D	0.04%
EME	D	0.04%
REG	B	0.04%
TDY	D	0.04%
ABG	D	0.04%
ELAN	D	0.04%
SNA	D	0.04%
CPT	A	0.04%
ZION	C	0.04%
FAF	D	0.04%
APO	A	0.04%
DAL	D	0.04%
FMC	F	0.04%
HRL	D	0.04%
WRB	B	0.04%
UDR	B	0.04%
SUI	C	0.04%
CCK	D	0.04%
CLF	D	0.04%
CPB	B	0.04%
CHD	D	0.04%
HOLX	C	0.04%
AVT	D	0.04%
SNPS	B	0.04%
TDS	B	0.04%
DVA	C	0.04%
AVTR	D	0.04%
VNO	B	0.04%
AVY	D	0.04%
RCL	B	0.04%
CMG	C	0.04%
OGE	C	0.04%
MTZ	C	0.04%
EQT	D	0.04%
EXR	B	0.04%
WPC	D	0.04%
VMC	D	0.04%
HAS	D	0.04%
TTWO	B	0.04%
FSLR	C	0.04%
HST	D	0.04%
BEN	F	0.04%
STWD	C	0.04%
KIM	B	0.04%
NVR	D	0.04%
LAD	D	0.04%
TOL	D	0.04%
DKS	C	0.04%
J	D	0.04%
CLX	D	0.04%
EA	B	0.04%
MLM	D	0.04%
A	D	0.04%
MKC	C	0.04%
CASY	B	0.04%
AME	D	0.04%
BERY	D	0.04%
WSM	D	0.04%
ACM	D	0.04%
ICLR	B	0.04%
CMA	C	0.04%
FHN	B	0.04%
ON	D	0.04%
DXC	C	0.04%
SOLV	F	0.04%
EW	B	0.04%
CCEP	C	0.04%
EL	F	0.04%
CG	D	0.03%
JBHT	F	0.03%
DAR	D	0.03%
FNB	C	0.03%
SCI	C	0.03%
AKAM	F	0.03%
NYCB	D	0.03%
PVH	F	0.03%
CMC	D	0.03%
NXST	C	0.03%
RRX	F	0.03%
SON	F	0.03%
BRX	B	0.03%
MDU	C	0.03%
HLF	C	0.03%
COHR	B	0.03%
NOV	C	0.03%
HOOD	B	0.03%
THO	D	0.03%
SWX	D	0.03%
CPNG	D	0.03%
JHG	A	0.03%
SF	B	0.03%
DTM	B	0.03%
COOP	D	0.03%
FLR	B	0.03%
ULTA	C	0.03%
ETRN	D	0.03%
SANM	B	0.03%
FCNCA	C	0.03%
BECN	D	0.03%
AGNC	A	0.03%
PK	C	0.03%
WBS	C	0.03%
AXS	B	0.03%
OSK	D	0.03%
OHI	A	0.03%
LAMR	A	0.03%
VRSK	A	0.03%
CTLT	B	0.03%
SNV	A	0.03%
KEYS	D	0.03%
BPOP	C	0.03%
WTRG	D	0.03%
CPAY	D	0.03%
HUBB	D	0.03%
TPR	C	0.03%
TWLO	D	0.03%
NDAQ	C	0.03%
NOW	B	0.03%
MAS	D	0.03%
SKX	C	0.03%
STE	C	0.03%
RPM	D	0.03%
JWN	B	0.03%
MUR	D	0.03%
BAH	B	0.03%
LPLA	B	0.03%
EXPE	C	0.03%
HUN	D	0.03%
CAR	F	0.03%
CPRT	B	0.03%
AL	D	0.03%
RMD	D	0.03%
MTH	D	0.03%
ARMK	B	0.03%
NWSA	A	0.03%
WSO	B	0.03%
TER	A	0.03%
KNX	C	0.03%
HBI	C	0.03%
HLT	A	0.03%
PENN	C	0.03%
NWL	F	0.03%
ALV	D	0.03%
BR	B	0.03%
MAN	D	0.03%
BURL	B	0.03%
CACI	B	0.03%
QRVO	B	0.03%
AGCO	F	0.03%
ZBRA	C	0.03%
MNST	F	0.03%
OLN	F	0.03%
ANET	A	0.03%
GPS	C	0.03%
GPK	D	0.03%
INGR	D	0.03%
IR	D	0.03%
EWBC	C	0.03%
SLG	B	0.03%
SFM	A	0.03%
JNPR	B	0.03%
CSL	C	0.03%
CZR	C	0.03%
TMHC	D	0.03%
SSNC	B	0.03%
HII	D	0.03%
BBWI	F	0.03%
XYL	D	0.03%
MUSA	B	0.03%
GPI	D	0.03%
UTHR	B	0.03%
RIG	F	0.03%
FTV	D	0.03%
ALB	F	0.03%
WU	C	0.03%
AAP	F	0.03%
TNL	D	0.02%
ILMN	F	0.02%
LPX	D	0.02%
SEM	A	0.02%
DECK	C	0.02%
SAIC	D	0.02%
VLY	D	0.02%
ALGN	F	0.02%
FLS	D	0.02%
LII	B	0.02%
CBOE	D	0.02%
UBSI	C	0.02%
JAZZ	F	0.02%
IDA	D	0.02%
MSCI	C	0.02%
AGR	D	0.02%
CRL	F	0.02%
CIVI	C	0.02%
OZK	D	0.02%
PNFP	C	0.02%
LNW	B	0.02%
UFPI	D	0.02%
IT	B	0.02%
SBRA	A	0.02%
ELS	C	0.02%
SBAC	F	0.02%
CUZ	C	0.02%
SLM	C	0.02%
MAC	D	0.02%
HIW	B	0.02%
CNX	C	0.02%
MTG	B	0.02%
ONB	B	0.02%
RHI	F	0.02%
CSTM	D	0.02%
TGNA	D	0.02%
AMG	C	0.02%
RNR	D	0.02%
BCC	F	0.02%
WTFC	C	0.02%
ZM	F	0.02%
ADNT	F	0.02%
IEX	D	0.02%
COLD	C	0.02%
KBR	D	0.02%
LULU	F	0.02%
CUBE	B	0.02%
CHRD	C	0.02%
CNO	B	0.02%
BIO	F	0.02%
NVT	D	0.02%
GL	C	0.02%
XRX	F	0.02%
COIN	C	0.02%
POST	C	0.02%
RDN	B	0.02%
EHC	B	0.02%
GME	C	0.02%
GNRC	C	0.02%
BKH	C	0.02%
MKSI	B	0.02%
SEE	F	0.02%
ST	D	0.02%
KEX	B	0.02%
MTD	C	0.02%
PII	F	0.02%
KBH	C	0.02%
FOX	A	0.02%
CC	F	0.02%
NNN	B	0.02%
AIRC	A	0.02%
DK	D	0.02%
PNR	D	0.02%
GNW	D	0.02%
TPH	D	0.02%
SCCO	C	0.02%
KRC	D	0.02%
HOG	F	0.02%
PRGO	F	0.02%
VLTO	C	0.02%
ABM	B	0.02%
GXO	D	0.02%
ODFL	C	0.02%
TRMB	C	0.02%
DPZ	C	0.02%
NSIT	B	0.02%
SM	D	0.02%
POR	D	0.02%
ANSS	C	0.02%
BXMT	C	0.02%
PB	C	0.02%
NFG	C	0.02%
BRO	B	0.02%
FRT	C	0.02%
TRU	C	0.02%
BHF	D	0.02%
CLH	B	0.02%
WAL	B	0.02%
FL	D	0.02%
FTI	C	0.02%
AXTA	D	0.02%
HRB	A	0.02%
AMH	A	0.02%
CDNS	B	0.02%
SPOT	B	0.02%
RIVN	C	0.02%
CSGP	D	0.02%
DOX	D	0.02%
FHB	C	0.02%
ASH	D	0.02%
LYV	C	0.02%
HE	F	0.02%
FULT	C	0.02%
ESGR	A	0.02%
VNT	D	0.02%
W	D	0.02%
IDXX	D	0.02%
ADC	B	0.02%
ACHC	F	0.02%
MSM	D	0.02%
GBCI	C	0.02%
REZI	D	0.02%
HOMB	C	0.02%
AMKR	B	0.02%
WST	F	0.02%
OKTA	C	0.02%
IAC	F	0.02%
AYI	C	0.02%
WYNN	D	0.02%
SLGN	D	0.02%
VRT	D	0.02%
NVST	F	0.02%
FCN	C	0.02%
GATX	B	0.02%
POOL	F	0.02%
WAT	D	0.02%
PCH	F	0.02%
TXRH	B	0.02%
SMG	D	0.02%
CPRI	D	0.02%
ASGN	D	0.02%
APLE	D	0.02%
BKU	B	0.02%
TCBI	C	0.02%
TYL	B	0.02%
G	D	0.02%
MMS	B	0.02%
RUN	D	0.02%
MHO	D	0.02%
VMI	B	0.02%
OI	F	0.02%
CW	B	0.02%
ABNB	C	0.02%
NDSN	D	0.02%
PHIN	D	0.02%
SIG	D	0.02%
BCO	B	0.02%
BMRN	C	0.02%
AVA	D	0.02%
EPR	C	0.02%
TRN	C	0.02%
MLI	C	0.02%
HUBG	B	0.02%
MTN	F	0.02%
GNTX	C	0.02%
CBT	D	0.02%
NJR	C	0.02%
PNM	D	0.02%
ENTG	B	0.02%
BTU	C	0.02%
JKHY	C	0.02%
AGO	B	0.02%
VAC	F	0.02%
WWD	C	0.02%
HCC	C	0.02%
XPO	C	0.02%
GDDY	A	0.02%
SLVM	C	0.02%
ITT	D	0.02%
REXR	C	0.02%
APG	C	0.02%
GEO	C	0.02%
CNM	D	0.02%
FFIV	C	0.02%
TFX	C	0.02%
RL	C	0.02%
PRI	B	0.02%
NWE	D	0.02%
WLK	D	0.02%
CIEN	F	0.02%
AVNT	D	0.02%
TTC	B	0.02%
DAN	F	0.02%
LBRDK	C	0.02%
CHKP	A	0.02%
NAVI	D	0.02%
HP	D	0.02%
TKR	D	0.02%
EVR	A	0.02%
ESNT	B	0.02%
PAG	D	0.02%
DY	B	0.02%
ADSK	B	0.02%
BLD	D	0.02%
CBSH	C	0.02%
OGS	C	0.02%
AOS	D	0.02%
LSTR	B	0.02%
DEI	C	0.02%
MIDD	F	0.02%
DASH	D	0.02%
CR	C	0.02%
CFR	C	0.02%
DCI	D	0.02%
MELI	C	0.02%
ALE	C	0.02%
SSB	C	0.02%
CWK	D	0.02%
KMPR	C	0.02%
UHAL	D	0.02%
BC	F	0.02%
SRCL	B	0.02%
SR	C	0.02%
MAT	F	0.02%
RPRX	F	0.02%
LW	F	0.02%
CADE	C	0.02%
ALSN	C	0.02%
ASB	C	0.02%
ATR	D	0.02%
FLO	D	0.02%
THG	C	0.02%
HWC	C	0.02%
INCY	B	0.02%
HEI	B	0.01%
UNIT	F	0.01%
FIVE	F	0.01%
UAA	F	0.01%
UA	D	0.01%
PARR	D	0.01%
CLVT	F	0.01%
GTN	D	0.01%
HEI	B	0.01%
LGIH	F	0.01%
CBRL	F	0.01%
ARCB	D	0.01%
OPEN	F	0.01%
BXC	F	0.01%
XP	F	0.01%
VSTS	F	0.01%
CNXC	C	0.01%
JELD	F	0.01%
HELE	F	0.01%
WSC	F	0.01%
SNOW	D	0.01%
IGT	D	0.01%
STNE	F	0.01%
NUS	F	0.01%
OPCH	D	0.01%
BGS	F	0.01%
NWS	A	0.01%
FTNT	C	0.01%
SITE	F	0.01%
BYD	F	0.01%
AMR	C	0.01%
RLJ	D	0.01%
MLKN	C	0.01%
INDB	D	0.01%
PINC	F	0.01%
EGP	B	0.01%
CABO	F	0.01%
DRH	D	0.01%
CRC	B	0.01%
CCS	D	0.01%
UVV	D	0.01%
CRI	F	0.01%
CXW	D	0.01%
HTZ	F	0.01%
UCBI	C	0.01%
KMT	D	0.01%
WH	C	0.01%
PPBI	C	0.01%
APAM	D	0.01%
Z	C	0.01%
VSAT	F	0.01%
AUB	C	0.01%
SBH	C	0.01%
PECO	C	0.01%
ENOV	F	0.01%
HPP	D	0.01%
EPAM	D	0.01%
RH	D	0.01%
SAIA	B	0.01%
TPX	C	0.01%
DIOD	C	0.01%
BOKF	C	0.01%
NSP	F	0.01%
MC	A	0.01%
FR	C	0.01%
LXP	B	0.01%
FFBC	C	0.01%
FIBK	C	0.01%
PFSI	B	0.01%
SMCI	C	0.01%
RYN	D	0.01%
KNF	D	0.01%
RLI	C	0.01%
SOFI	F	0.01%
HRI	D	0.01%
SFNC	C	0.01%
CATY	C	0.01%
GEF	F	0.01%
SPB	D	0.01%
LCII	F	0.01%
URBN	B	0.01%
JBGS	B	0.01%
ESAB	D	0.01%
SEIC	D	0.01%
ARI	D	0.01%
WEX	D	0.01%
LECO	F	0.01%
BWXT	B	0.01%
AIT	B	0.01%
UNFI	C	0.01%
AMN	F	0.01%
OMI	F	0.01%
PMT	C	0.01%
RUSHA	D	0.01%
DXCM	D	0.01%
TEX	D	0.01%
GTLS	D	0.01%
LITE	B	0.01%
OUT	C	0.01%
COLB	C	0.01%
ODP	D	0.01%
MTCH	F	0.01%
PTC	B	0.01%
BDN	C	0.01%
PDCO	F	0.01%
AXL	F	0.01%
VSCO	F	0.01%
FUL	D	0.01%
LFUS	C	0.01%
PLXS	C	0.01%
ANDE	D	0.01%
ASO	F	0.01%
GHC	D	0.01%
VEEV	D	0.01%
EEFT	D	0.01%
UMBF	C	0.01%
NOMD	D	0.01%
WDAY	D	0.01%
ABCB	B	0.01%
FND	F	0.01%
SIGI	F	0.01%
ARES	C	0.01%
WERN	D	0.01%
TROX	D	0.01%
ALIT	F	0.01%
ABR	B	0.01%
ESI	B	0.01%
CGNX	B	0.01%
TTMI	B	0.01%
ARCH	C	0.01%
THS	C	0.01%
ATI	C	0.01%
AAL	F	0.01%
IRT	A	0.01%
FDS	D	0.01%
RGLD	C	0.01%
RXO	B	0.01%
ATKR	F	0.01%
VSH	F	0.01%
LEG	F	0.01%
GMS	D	0.01%
EXEL	B	0.01%
AM	B	0.01%
ENS	B	0.01%
XRAY	F	0.01%
RRC	C	0.01%
STAG	B	0.01%
GRAB	D	0.01%
AEO	F	0.01%
MTDR	C	0.01%
KRG	B	0.01%
ALLE	D	0.01%
LUMN	D	0.01%
GGG	D	0.01%
UHAL	D	0.0%
LBRDA	C	0.0%
SEDG	F	0.0%
BIG	F	0.0%
ZG	C	0.0%

PRF Underweight 21 Positions Relative to GSIG

Symbol	Grade	Weight
MUFG	A	-1.06%
HSBC	B	-1.0%
DB	C	-0.66%
BNS	C	-0.65%
CM	C	-0.64%
ET	A	-0.43%
LH	C	-0.43%
PXD	B	-0.4%
RY	A	-0.37%
NWG	B	-0.35%
TD	F	-0.34%
CP	D	-0.32%
MPLX	A	-0.31%
DELL	B	-0.3%
AZN	C	-0.29%
VOD	B	-0.27%
ARCC	B	-0.25%
PAA	A	-0.23%
EPD	A	-0.22%
CNA	B	-0.17%
BMO	D	-0.15%