PRF vs. IWL ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to iShares Russell Top 200 ETF (IWL)

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

$42.44

Average Daily Volume

209,512

Number of Holdings ^*

982

* may have additional holdings in another (foreign) market

IWL

iShares Russell Top 200 ETF

IWL Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$145.86

Average Daily Volume

52,339

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	PRF	IWL
30 Days	4.02%	2.93%
60 Days	5.08%	4.56%
90 Days	6.89%	6.33%
12 Months	30.29%	33.26%

192 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in IWL	Overlap
AAPL	C	2.3%	7.79%	2.3%
ABBV	D	0.57%	0.7%	0.57%
ABNB	C	0.01%	0.14%	0.01%
ABT	B	0.32%	0.48%	0.32%
ACN	C	0.25%	0.53%	0.25%
ADBE	C	0.11%	0.53%	0.11%
ADI	D	0.17%	0.24%	0.17%
ADP	B	0.14%	0.29%	0.14%
ADSK	A	0.02%	0.15%	0.02%
AEP	D	0.2%	0.12%	0.12%
AIG	B	0.31%	0.12%	0.12%
AMAT	F	0.12%	0.33%	0.12%
AMD	F	0.15%	0.52%	0.15%
AMGN	D	0.32%	0.36%	0.32%
AMT	D	0.15%	0.22%	0.15%
AMZN	C	1.74%	4.48%	1.74%
ANET	C	0.03%	0.23%	0.03%
AON	A	0.07%	0.18%	0.07%
APD	A	0.16%	0.17%	0.16%
APH	A	0.08%	0.2%	0.08%
APO	B	0.05%	0.2%	0.05%
AVGO	D	0.5%	1.78%	0.5%
AXP	A	0.29%	0.38%	0.29%
AZO	C	0.07%	0.13%	0.07%
BA	F	0.11%	0.23%	0.11%
BAC	A	1.37%	0.76%	0.76%
BDX	F	0.13%	0.16%	0.13%
BKNG	A	0.1%	0.4%	0.1%
BLK	C	0.33%	0.37%	0.33%
BMY	B	0.42%	0.27%	0.27%
BRK.A	B	2.34%	2.05%	2.05%
BSX	B	0.12%	0.3%	0.12%
BX	A	0.13%	0.31%	0.13%
C	A	1.14%	0.31%	0.31%
CARR	D	0.11%	0.15%	0.11%
CAT	B	0.34%	0.45%	0.34%
CB	C	0.3%	0.28%	0.28%
CDNS	B	0.02%	0.19%	0.02%
CEG	D	0.13%	0.17%	0.13%
CI	F	0.37%	0.21%	0.21%
CL	D	0.13%	0.18%	0.13%
CMCSA	B	0.78%	0.39%	0.39%
CME	A	0.14%	0.19%	0.14%
CMG	B	0.03%	0.19%	0.03%
COF	B	0.41%	0.17%	0.17%
COP	C	0.42%	0.31%	0.31%
COST	B	0.56%	0.96%	0.56%
CPRT	A	0.03%	0.12%	0.03%
CRM	B	0.25%	0.73%	0.25%
CSCO	B	0.64%	0.55%	0.55%
CSX	B	0.14%	0.16%	0.14%
CTAS	B	0.06%	0.18%	0.06%
CVS	D	0.53%	0.16%	0.16%
CVX	A	1.16%	0.66%	0.66%
D	C	0.26%	0.11%	0.11%
DASH	A	0.03%	0.14%	0.03%
DE	A	0.22%	0.24%	0.22%
DHR	F	0.16%	0.35%	0.16%
DIS	B	0.42%	0.5%	0.42%
DUK	C	0.4%	0.21%	0.21%
ECL	D	0.07%	0.15%	0.07%
EL	F	0.02%	0.03%	0.02%
ELV	F	0.28%	0.22%	0.22%
EMR	A	0.15%	0.17%	0.15%
EOG	A	0.27%	0.18%	0.18%
EQIX	A	0.1%	0.2%	0.1%
ETN	A	0.18%	0.34%	0.18%
EW	C	0.03%	0.1%	0.03%
F	C	0.39%	0.1%	0.1%
FCX	D	0.14%	0.15%	0.14%
FDX	B	0.31%	0.16%	0.16%
FI	A	0.22%	0.29%	0.22%
FTNT	C	0.01%	0.14%	0.01%
GD	F	0.18%	0.19%	0.18%
GE	D	0.23%	0.46%	0.23%
GEV	B	0.1%	0.21%	0.1%
GILD	C	0.37%	0.26%	0.26%
GM	B	0.79%	0.15%	0.15%
GOOG	C	0.89%	2.04%	0.89%
GOOGL	C	1.03%	2.41%	1.03%
GS	A	0.78%	0.45%	0.45%
HCA	F	0.15%	0.15%	0.15%
HD	A	0.73%	0.96%	0.73%
HON	B	0.3%	0.35%	0.3%
IBM	C	0.53%	0.45%	0.45%
ICE	C	0.12%	0.21%	0.12%
INTC	D	0.45%	0.25%	0.25%
INTU	C	0.09%	0.45%	0.09%
ISRG	A	0.08%	0.44%	0.08%
ITW	B	0.12%	0.19%	0.12%
JCI	C	0.18%	0.13%	0.13%
JNJ	D	0.92%	0.88%	0.88%
JPM	A	2.2%	1.67%	1.67%
KDP	D	0.09%	0.08%	0.08%
KHC	F	0.14%	0.07%	0.07%
KKR	A	0.13%	0.24%	0.13%
KLAC	D	0.05%	0.2%	0.05%
KMB	D	0.13%	0.11%	0.11%
KO	D	0.47%	0.57%	0.47%
LIN	D	0.28%	0.51%	0.28%
LLY	F	0.21%	1.42%	0.21%
LMT	D	0.34%	0.27%	0.27%
LOW	D	0.34%	0.37%	0.34%
LRCX	F	0.07%	0.22%	0.07%
LULU	C	0.02%	0.09%	0.02%
MA	C	0.17%	1.03%	0.17%
MAR	B	0.06%	0.15%	0.06%
MCD	D	0.29%	0.5%	0.29%
MCK	B	0.45%	0.19%	0.19%
MCO	B	0.06%	0.18%	0.06%
MDLZ	F	0.18%	0.21%	0.18%
MDT	D	0.35%	0.27%	0.27%
MET	A	0.29%	0.12%	0.12%
META	D	0.96%	2.89%	0.96%
MMC	B	0.13%	0.26%	0.13%
MMM	D	0.42%	0.17%	0.17%
MNST	C	0.03%	0.09%	0.03%
MO	A	0.52%	0.23%	0.23%
MPC	D	0.31%	0.13%	0.13%
MRK	F	0.41%	0.58%	0.41%
MRNA	F	0.04%	0.03%	0.03%
MRVL	B	0.06%	0.18%	0.06%
MS	A	0.58%	0.37%	0.37%
MSFT	F	1.86%	7.35%	1.86%
MSI	B	0.07%	0.19%	0.07%
MU	D	0.31%	0.25%	0.25%
NEE	D	0.38%	0.37%	0.37%
NEM	D	0.16%	0.11%	0.11%
NFLX	A	0.21%	0.84%	0.21%
NKE	D	0.12%	0.22%	0.12%
NOC	D	0.17%	0.16%	0.16%
NOW	A	0.04%	0.49%	0.04%
NSC	B	0.13%	0.14%	0.13%
NVDA	C	0.26%	7.91%	0.26%
ORCL	B	0.32%	0.69%	0.32%
ORLY	B	0.06%	0.17%	0.06%
OXY	D	0.13%	0.08%	0.08%
PCAR	B	0.14%	0.14%	0.14%
PEP	F	0.48%	0.52%	0.48%
PFE	D	0.77%	0.33%	0.33%
PG	A	0.71%	0.95%	0.71%
PGR	A	0.25%	0.36%	0.25%
PH	A	0.11%	0.21%	0.11%
PLD	D	0.15%	0.25%	0.15%
PM	B	0.66%	0.48%	0.48%
PNC	B	0.37%	0.2%	0.2%
PSA	D	0.07%	0.13%	0.07%
PSX	C	0.29%	0.13%	0.13%
PYPL	B	0.2%	0.21%	0.2%
QCOM	F	0.31%	0.43%	0.31%
REGN	F	0.1%	0.19%	0.1%
ROP	B	0.06%	0.14%	0.06%
RSG	A	0.06%	0.1%	0.06%
RTX	C	0.47%	0.38%	0.38%
SBUX	A	0.17%	0.27%	0.17%
SCHW	B	0.18%	0.29%	0.18%
SHW	A	0.09%	0.21%	0.09%
SLB	C	0.13%	0.15%	0.13%
SNOW	C	0.01%	0.09%	0.01%
SNPS	B	0.03%	0.19%	0.03%
SO	D	0.36%	0.23%	0.23%
SPGI	C	0.17%	0.38%	0.17%
SRE	A	0.19%	0.14%	0.14%
STZ	D	0.07%	0.09%	0.07%
SYK	C	0.12%	0.34%	0.12%
T	A	1.18%	0.39%	0.39%
TDG	D	0.07%	0.16%	0.07%
TFC	A	0.36%	0.15%	0.15%
TGT	F	0.29%	0.17%	0.17%
TJX	A	0.19%	0.32%	0.19%
TMO	F	0.22%	0.47%	0.22%
TMUS	B	0.33%	0.27%	0.27%
TRV	B	0.24%	0.14%	0.14%
TSLA	B	0.37%	2.12%	0.37%
TT	A	0.1%	0.22%	0.1%
TXN	C	0.34%	0.44%	0.34%
UBER	D	0.05%	0.35%	0.05%
UNH	C	1.06%	1.3%	1.06%
UNP	C	0.25%	0.34%	0.25%
UPS	C	0.32%	0.23%	0.23%
USB	A	0.38%	0.19%	0.19%
V	A	0.25%	1.16%	0.25%
VLO	C	0.33%	0.11%	0.11%
VRTX	F	0.09%	0.29%	0.09%
VZ	C	1.19%	0.42%	0.42%
WDAY	B	0.02%	0.13%	0.02%
WELL	A	0.16%	0.2%	0.16%
WFC	A	1.29%	0.62%	0.62%
WM	A	0.13%	0.21%	0.13%
WMT	A	1.16%	0.87%	0.87%
XOM	B	2.24%	1.27%	1.27%
ZTS	D	0.06%	0.19%	0.06%

PRF Overweight 790 Positions Relative to IWL

Symbol	Grade	Weight
KR	B	0.31%
KMI	A	0.3%
CAH	B	0.29%
BK	A	0.27%
COR	B	0.26%
CHTR	C	0.25%
WMB	A	0.24%
SYF	B	0.23%
PRU	A	0.23%
CNC	D	0.22%
ADM	D	0.21%
EXC	C	0.2%
DFS	B	0.2%
ALL	A	0.2%
AFL	B	0.2%
HPQ	B	0.19%
HPE	B	0.19%
OKE	A	0.18%
DOW	F	0.18%
DD	D	0.17%
CFG	B	0.16%
STT	A	0.16%
MTB	A	0.16%
WBD	C	0.16%
XEL	A	0.15%
VST	B	0.15%
FIS	C	0.15%
ETR	B	0.15%
ED	D	0.15%
PEG	A	0.15%
TSN	B	0.15%
CMI	A	0.15%
IP	B	0.15%
SYY	B	0.14%
BBY	D	0.14%
PPL	B	0.14%
EIX	B	0.14%
LYB	F	0.14%
HIG	B	0.14%
FITB	A	0.14%
HUM	C	0.14%
CBRE	B	0.13%
ZIM	C	0.13%
GIS	D	0.13%
DLR	B	0.13%
NUE	C	0.12%
BKR	B	0.12%
LHX	C	0.12%
HBAN	A	0.12%
CCI	D	0.12%
LUMN	C	0.12%
DHI	D	0.12%
SPG	B	0.12%
LEN	D	0.12%
THC	D	0.12%
PARA	C	0.12%
RF	A	0.12%
GLW	B	0.12%
ES	D	0.11%
NRG	B	0.11%
URI	B	0.11%
WEC	A	0.11%
VTR	C	0.11%
WBA	F	0.11%
KEY	B	0.11%
PCG	A	0.11%
O	D	0.1%
DTE	C	0.1%
NTRS	A	0.1%
CTSH	B	0.1%
AMP	A	0.1%
BG	F	0.1%
DVN	F	0.1%
PFG	D	0.1%
FE	C	0.1%
WDC	D	0.1%
TRGP	B	0.1%
USFD	A	0.09%
AER	B	0.09%
WY	D	0.09%
BIIB	F	0.09%
VTRS	A	0.09%
EBAY	D	0.09%
TROW	B	0.09%
AEE	A	0.09%
JXN	C	0.09%
CTVA	C	0.09%
EVRG	A	0.08%
GEHC	F	0.08%
FLEX	A	0.08%
CHRW	C	0.08%
PFGC	B	0.08%
FANG	D	0.08%
NXPI	D	0.08%
CINF	A	0.08%
IFF	D	0.08%
ALLY	C	0.08%
ARW	D	0.08%
K	A	0.08%
KMX	B	0.08%
AVB	B	0.08%
MKL	A	0.08%
EQR	B	0.08%
UNM	A	0.08%
IRM	D	0.08%
OMC	C	0.08%
PPG	F	0.07%
GPN	B	0.07%
LNC	B	0.07%
RJF	A	0.07%
HAL	C	0.07%
FNF	B	0.07%
DGX	A	0.07%
LNG	B	0.07%
VFC	C	0.07%
STX	D	0.07%
SWK	D	0.07%
DOC	D	0.07%
CAG	D	0.07%
AJG	B	0.07%
EQT	B	0.07%
JEF	A	0.07%
VICI	C	0.07%
SQ	B	0.07%
WTW	B	0.07%
CMS	C	0.07%
CTRA	B	0.07%
MRO	B	0.07%
PAYX	C	0.07%
STLD	B	0.07%
ACGL	D	0.07%
PHM	D	0.07%
CCL	B	0.07%
CNP	B	0.07%
ACI	C	0.07%
AA	B	0.07%
NTAP	C	0.06%
BLDR	D	0.06%
IVZ	B	0.06%
MHK	D	0.06%
EQH	B	0.06%
GWW	B	0.06%
WCC	B	0.06%
ATO	A	0.06%
OTIS	C	0.06%
LH	C	0.06%
VNO	B	0.06%
CMA	A	0.06%
MOS	F	0.06%
CRBG	B	0.06%
ORI	A	0.06%
CF	B	0.06%
PWR	A	0.06%
PNW	B	0.06%
ROST	C	0.06%
LAD	A	0.06%
LDOS	C	0.06%
FAST	B	0.06%
PKG	A	0.06%
RGA	A	0.06%
WAB	B	0.06%
UAL	A	0.06%
WHR	B	0.06%
L	A	0.06%
BXP	D	0.06%
NI	A	0.06%
GEN	B	0.06%
ARE	D	0.06%
EMN	D	0.06%
FYBR	D	0.06%
JLL	D	0.06%
R	B	0.06%
GRMN	B	0.06%
UGI	A	0.05%
INVH	D	0.05%
DXC	B	0.05%
TSCO	D	0.05%
DRI	B	0.05%
HWM	A	0.05%
ZBH	C	0.05%
HBI	B	0.05%
SJM	D	0.05%
EG	C	0.05%
TWLO	A	0.05%
BALL	D	0.05%
ZION	B	0.05%
CLX	B	0.05%
NVR	D	0.05%
ACM	A	0.05%
ESS	B	0.05%
UHS	D	0.05%
MCHP	D	0.05%
X	C	0.05%
RS	B	0.05%
ROK	B	0.05%
MOH	F	0.05%
SFM	A	0.05%
BAP	B	0.05%
MAA	B	0.05%
KIM	A	0.05%
BAX	D	0.05%
BJ	A	0.05%
TOL	B	0.05%
AN	C	0.05%
OC	A	0.05%
BWA	D	0.05%
TAP	C	0.05%
M	D	0.05%
RCL	A	0.05%
YUM	B	0.05%
AES	F	0.05%
OMF	A	0.05%
CNH	C	0.05%
IQV	D	0.05%
SOLV	C	0.05%
DOV	A	0.05%
FHN	A	0.05%
TDS	B	0.05%
JBL	B	0.05%
LNT	A	0.05%
AFG	A	0.05%
DG	F	0.05%
KD	B	0.05%
GPC	D	0.05%
AWK	D	0.05%
FOXA	B	0.05%
HES	B	0.05%
AVT	C	0.04%
CHD	B	0.04%
CPAY	A	0.04%
SUI	D	0.04%
BEN	C	0.04%
CPT	B	0.04%
WPC	D	0.04%
DINO	D	0.04%
GT	C	0.04%
WBS	A	0.04%
HST	C	0.04%
SSNC	B	0.04%
TPR	B	0.04%
PBF	D	0.04%
ZBRA	B	0.04%
HOLX	D	0.04%
UDR	B	0.04%
DVA	B	0.04%
EXR	D	0.04%
A	D	0.04%
UTHR	C	0.04%
WRB	A	0.04%
LEA	D	0.04%
STWD	C	0.04%
SNV	B	0.04%
INGR	B	0.04%
ABG	B	0.04%
TMHC	B	0.04%
J	F	0.04%
ON	D	0.04%
REG	B	0.04%
APA	D	0.04%
EXPE	B	0.04%
CDW	F	0.04%
SNX	C	0.04%
APTV	D	0.04%
DLTR	F	0.04%
CCK	C	0.04%
NWL	B	0.04%
TDY	B	0.04%
KSS	F	0.04%
HAS	D	0.04%
FAF	A	0.04%
MGM	D	0.04%
CASY	A	0.04%
EXPD	D	0.04%
LKQ	D	0.04%
SLG	B	0.04%
OGE	B	0.04%
AIZ	A	0.04%
MLM	B	0.04%
BERY	B	0.04%
TTWO	A	0.04%
MKC	D	0.04%
CCEP	C	0.04%
BFH	B	0.04%
OVV	B	0.04%
EWBC	A	0.04%
EME	C	0.04%
TXT	D	0.04%
GPI	A	0.04%
AR	B	0.04%
IPG	D	0.04%
HSY	F	0.04%
MTZ	B	0.04%
VMC	B	0.04%
EA	A	0.04%
MPW	F	0.04%
SNA	A	0.04%
DAL	C	0.04%
AME	A	0.04%
PK	B	0.03%
OLN	D	0.03%
ICLR	D	0.03%
COIN	C	0.03%
ELAN	D	0.03%
GL	B	0.03%
CMC	B	0.03%
BHF	B	0.03%
ALV	C	0.03%
MAN	D	0.03%
CLF	F	0.03%
KRC	C	0.03%
WTFC	A	0.03%
GAP	C	0.03%
BRO	B	0.03%
AXTA	A	0.03%
DAR	C	0.03%
AGCO	D	0.03%
OSK	B	0.03%
WTRG	B	0.03%
SCI	B	0.03%
VLY	B	0.03%
LBRDK	C	0.03%
VRSK	A	0.03%
CTLT	B	0.03%
RIG	D	0.03%
ALSN	B	0.03%
ODFL	B	0.03%
JBHT	C	0.03%
BAH	F	0.03%
CAR	C	0.03%
TRMB	B	0.03%
GXO	B	0.03%
GNRC	B	0.03%
ZM	B	0.03%
XYL	D	0.03%
WU	D	0.03%
STE	F	0.03%
LAMR	D	0.03%
CNO	A	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%
THO	B	0.03%
PNR	A	0.03%
FNB	A	0.03%
BPOP	B	0.03%
JWN	C	0.03%
SANM	B	0.03%
FSLR	F	0.03%
GLPI	C	0.03%
NWSA	B	0.03%
CNX	A	0.03%
TRU	D	0.03%
COOP	B	0.03%
CG	A	0.03%
KEYS	A	0.03%
RRX	B	0.03%
PB	A	0.03%
EFX	F	0.03%
OHI	C	0.03%
BRX	A	0.03%
AXS	A	0.03%
GEO	B	0.03%
HUBB	B	0.03%
CZR	F	0.03%
AVY	D	0.03%
GPK	C	0.03%
MTH	D	0.03%
LPLA	A	0.03%
WSO	A	0.03%
RVTY	F	0.03%
CACI	D	0.03%
BURL	A	0.03%
ALB	C	0.03%
MAS	D	0.03%
ARMK	B	0.03%
KNX	B	0.03%
FCNCA	A	0.03%
OGN	D	0.03%
JNPR	F	0.03%
PENN	C	0.03%
BR	A	0.03%
FTV	C	0.03%
CSL	C	0.03%
FMC	D	0.03%
JHG	A	0.03%
VOYA	B	0.03%
HSIC	B	0.03%
WAL	B	0.03%
AVTR	F	0.03%
CPB	D	0.03%
COHR	B	0.03%
SPOT	B	0.03%
HLT	A	0.03%
DKS	C	0.03%
HRL	D	0.03%
LVS	C	0.03%
RPM	A	0.03%
MUSA	A	0.03%
IR	B	0.03%
WSM	B	0.03%
HOOD	B	0.03%
RMD	C	0.03%
DTM	B	0.03%
NDAQ	A	0.03%
SWKS	F	0.03%
SF	B	0.03%
CDP	C	0.02%
TKR	D	0.02%
VEEV	C	0.02%
MSM	C	0.02%
BWXT	B	0.02%
ASGN	F	0.02%
MC	C	0.02%
CHRD	D	0.02%
PCH	D	0.02%
RH	B	0.02%
ARES	A	0.02%
BLD	D	0.02%
HP	B	0.02%
GGG	B	0.02%
FDS	B	0.02%
JKHY	D	0.02%
APLE	B	0.02%
CATY	B	0.02%
RIVN	F	0.02%
TTMI	B	0.02%
ALGN	D	0.02%
DK	C	0.02%
SMG	D	0.02%
OUT	A	0.02%
EPR	D	0.02%
LNW	D	0.02%
AIT	A	0.02%
ADNT	F	0.02%
ESNT	D	0.02%
GHC	C	0.02%
POOL	C	0.02%
AVA	A	0.02%
LW	C	0.02%
NDSN	B	0.02%
SFNC	B	0.02%
GATX	A	0.02%
TXRH	C	0.02%
RPRX	D	0.02%
COLD	D	0.02%
HCC	B	0.02%
SIG	B	0.02%
Z	A	0.02%
NSIT	F	0.02%
RUSHA	C	0.02%
FLO	D	0.02%
AAL	B	0.02%
ALLE	D	0.02%
QRVO	F	0.02%
LSTR	D	0.02%
GMS	B	0.02%
CRL	C	0.02%
NJR	A	0.02%
MDU	D	0.02%
KRG	B	0.02%
VAC	B	0.02%
NAVI	C	0.02%
ADC	B	0.02%
HUBG	A	0.02%
HLF	C	0.02%
CC	C	0.02%
MKSI	C	0.02%
NVST	B	0.02%
ALE	A	0.02%
CBT	C	0.02%
OI	C	0.02%
MTD	D	0.02%
PII	D	0.02%
SLGN	A	0.02%
NWE	B	0.02%
FULT	A	0.02%
ST	F	0.02%
ABCB	B	0.02%
CXW	B	0.02%
UHAL	D	0.02%
PAG	B	0.02%
DPZ	C	0.02%
TYL	B	0.02%
AGR	B	0.02%
DY	D	0.02%
DCI	B	0.02%
VMI	B	0.02%
PLXS	B	0.02%
CHKP	D	0.02%
WKC	D	0.02%
GRAB	B	0.02%
KBR	F	0.02%
REZI	A	0.02%
HRI	B	0.02%
MIDD	C	0.02%
HOMB	A	0.02%
WAT	B	0.02%
FHB	A	0.02%
LUV	C	0.02%
RL	B	0.02%
ITT	A	0.02%
AGO	B	0.02%
MELI	D	0.02%
UMBF	B	0.02%
UNFI	A	0.02%
DECK	A	0.02%
BTU	B	0.02%
SAIC	F	0.02%
TRN	C	0.02%
SR	A	0.02%
SLVM	B	0.02%
AVNT	B	0.02%
MHO	D	0.02%
PNM	F	0.02%
SEM	B	0.02%
BC	C	0.02%
NVT	B	0.02%
CW	B	0.02%
AYI	B	0.02%
SCCO	F	0.02%
COLB	A	0.02%
PHIN	A	0.02%
SM	B	0.02%
PRI	A	0.02%
LYV	A	0.02%
VRT	B	0.02%
OGS	A	0.02%
MAT	D	0.02%
SEE	C	0.02%
CR	A	0.02%
FL	F	0.02%
ELS	C	0.02%
LII	A	0.02%
GDDY	A	0.02%
HOG	D	0.02%
SBAC	D	0.02%
LITE	B	0.02%
CBOE	B	0.02%
G	B	0.02%
TER	D	0.02%
NOV	C	0.02%
JAZZ	B	0.02%
ATR	B	0.02%
POST	C	0.02%
NNN	D	0.02%
KMPR	B	0.02%
CUBE	D	0.02%
EXEL	B	0.02%
BKU	A	0.02%
CE	F	0.02%
TNL	A	0.02%
RNR	C	0.02%
SLM	A	0.02%
AAP	C	0.02%
MTG	C	0.02%
IT	C	0.02%
CBSH	A	0.02%
BXMT	C	0.02%
TCBI	B	0.02%
OZK	B	0.02%
UFPI	B	0.02%
INCY	C	0.02%
MSCI	C	0.02%
GBCI	B	0.02%
XPO	B	0.02%
PRGO	B	0.02%
FLS	B	0.02%
FBIN	D	0.02%
RHI	B	0.02%
KEX	C	0.02%
IEX	B	0.02%
PVH	C	0.02%
AMG	B	0.02%
RDN	C	0.02%
MUR	D	0.02%
SBRA	C	0.02%
VLTO	D	0.02%
FFIV	B	0.02%
GME	C	0.02%
HWC	B	0.02%
IDA	A	0.02%
BCC	B	0.02%
ANSS	B	0.02%
HIW	D	0.02%
ASB	B	0.02%
DEI	B	0.02%
THG	A	0.02%
SON	D	0.02%
SKX	D	0.02%
SOFI	A	0.02%
CWK	B	0.02%
AKAM	D	0.02%
BKH	A	0.02%
KBH	D	0.02%
CIEN	B	0.02%
POR	C	0.02%
CSGP	D	0.02%
AMH	D	0.02%
ABM	B	0.02%
HUN	F	0.02%
ILMN	D	0.02%
CADE	B	0.02%
EHC	B	0.02%
LPX	B	0.02%
UBSI	B	0.02%
MAC	B	0.02%
VSCO	B	0.02%
TPH	D	0.02%
CLH	B	0.02%
NFG	A	0.02%
BBWI	D	0.02%
MLI	C	0.02%
HII	D	0.02%
ULTA	F	0.02%
ONB	B	0.02%
SSB	B	0.02%
HRB	D	0.02%
FTI	A	0.02%
BIO	D	0.02%
TGNA	B	0.02%
AGNC	D	0.02%
EVR	B	0.02%
GNW	A	0.02%
SWX	B	0.02%
DOX	D	0.02%
CUZ	B	0.02%
NXST	C	0.02%
FRT	B	0.02%
CFR	B	0.02%
AMN	F	0.01%
FIVE	F	0.01%
CNXC	F	0.01%
HELE	C	0.01%
CLVT	F	0.01%
NUS	D	0.01%
LEN	D	0.01%
VSAT	F	0.01%
JELD	F	0.01%
HEI	B	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	D	0.01%
WSC	D	0.01%
AMR	C	0.01%
ODP	F	0.01%
DXCM	D	0.01%
ARCB	C	0.01%
IGT	F	0.01%
ACHC	F	0.01%
DIOD	D	0.01%
CRI	D	0.01%
TROX	D	0.01%
MLKN	D	0.01%
NSP	D	0.01%
HPP	F	0.01%
LGIH	D	0.01%
CBRL	C	0.01%
HEI	B	0.01%
CPRI	F	0.01%
UA	C	0.01%
ATKR	C	0.01%
VSTS	C	0.01%
RLJ	C	0.01%
AMKR	D	0.01%
UAA	C	0.01%
XRAY	F	0.01%
NWS	B	0.01%
OMI	F	0.01%
EGP	F	0.01%
PDCO	D	0.01%
URBN	C	0.01%
SITE	D	0.01%
ARI	C	0.01%
BXC	B	0.01%
VSH	D	0.01%
ENOV	C	0.01%
CSTM	F	0.01%
AXL	C	0.01%
W	F	0.01%
DRH	B	0.01%
DAN	D	0.01%
PMT	D	0.01%
UVV	B	0.01%
LXP	D	0.01%
CCS	D	0.01%
CABO	C	0.01%
CRC	B	0.01%
CGNX	C	0.01%
RYN	D	0.01%
ASO	F	0.01%
ASH	D	0.01%
BMRN	D	0.01%
ANDE	D	0.01%
ENTG	D	0.01%
TEX	D	0.01%
LFUS	F	0.01%
EEFT	B	0.01%
JBGS	D	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	D	0.01%
FND	C	0.01%
IDXX	F	0.01%
FR	C	0.01%
AEO	F	0.01%
BYD	C	0.01%
APAM	B	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	B	0.01%
PECO	A	0.01%
PTC	A	0.01%
GEF	A	0.01%
LCII	C	0.01%
ENS	D	0.01%
FCN	D	0.01%
ATI	D	0.01%
XRX	F	0.01%
PPBI	B	0.01%
UCB	A	0.01%
CNM	D	0.01%
SBH	C	0.01%
ESI	A	0.01%
ABR	C	0.01%
WH	B	0.01%
CIVI	D	0.01%
MMS	F	0.01%
RRC	B	0.01%
AM	A	0.01%
SIGI	C	0.01%
BCO	D	0.01%
BOKF	B	0.01%
FIBK	A	0.01%
GNTX	C	0.01%
ALIT	C	0.01%
WLK	D	0.01%
MTDR	B	0.01%
RLI	B	0.01%
STAG	F	0.01%
ARCH	B	0.01%
BDN	C	0.01%
AUB	B	0.01%
EPAM	C	0.01%
VYX	B	0.01%
GTLS	B	0.01%
WERN	C	0.01%
VNT	B	0.01%
IAC	D	0.01%
RXO	C	0.01%
TTC	D	0.01%
SEIC	B	0.01%
FFBC	A	0.01%
LEG	F	0.01%
AOS	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	A	0.01%
MTN	C	0.01%
WWD	B	0.01%
IRT	A	0.01%
APG	B	0.01%
TFX	F	0.01%
ESAB	B	0.01%
WYNN	D	0.01%
UHAL	D	0.0%
SEDG	F	0.0%
SMCI	F	0.0%
LBRDA	C	0.0%
PARR	D	0.0%

PRF Underweight 5 Positions Relative to IWL

Symbol	Grade	Weight
PANW	C	-0.28%
CRWD	B	-0.18%
CRH	A	-0.16%
DELL	C	-0.09%
TEAM	A	-0.09%