PRF vs. PTL ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	PRF	PTL
30 Days	4.02%	5.09%
60 Days	5.08%	5.71%
90 Days	6.89%	7.67%
12 Months	30.29%

368 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in PTL	Overlap
AA	B	0.07%	0.08%	0.07%
ACHC	F	0.01%	0.03%	0.01%
ACI	C	0.07%	0.08%	0.07%
ADC	B	0.02%	0.05%	0.02%
ADM	D	0.21%	0.18%	0.18%
ADP	B	0.14%	0.86%	0.14%
AEE	A	0.09%	0.16%	0.09%
AFG	A	0.05%	0.08%	0.05%
AFL	B	0.2%	0.42%	0.2%
AGCO	D	0.03%	0.05%	0.03%
AGNC	D	0.02%	0.05%	0.02%
AGR	B	0.02%	0.1%	0.02%
AIG	B	0.31%	0.34%	0.31%
AIT	A	0.02%	0.07%	0.02%
ALB	C	0.03%	0.08%	0.03%
ALGN	D	0.02%	0.12%	0.02%
ALSN	B	0.03%	0.07%	0.03%
AM	A	0.01%	0.05%	0.01%
AME	A	0.04%	0.31%	0.04%
AMH	D	0.02%	0.1%	0.02%
AMKR	D	0.01%	0.05%	0.01%
AN	C	0.05%	0.05%	0.05%
ANET	C	0.03%	0.83%	0.03%
ANSS	B	0.02%	0.21%	0.02%
AOS	F	0.01%	0.07%	0.01%
APA	D	0.04%	0.06%	0.04%
APG	B	0.01%	0.07%	0.01%
APH	A	0.08%	0.6%	0.08%
AR	B	0.04%	0.07%	0.04%
ARE	D	0.06%	0.13%	0.06%
ARW	D	0.08%	0.04%	0.04%
ATI	D	0.01%	0.05%	0.01%
ATO	A	0.06%	0.16%	0.06%
ATR	B	0.02%	0.08%	0.02%
AVGO	D	0.5%	5.22%	0.5%
AWK	D	0.05%	0.19%	0.05%
AXTA	A	0.03%	0.06%	0.03%
AYI	B	0.02%	0.07%	0.02%
AZO	C	0.07%	0.35%	0.07%
BAX	D	0.05%	0.12%	0.05%
BERY	B	0.04%	0.06%	0.04%
BG	F	0.1%	0.09%	0.09%
BIO	D	0.02%	0.07%	0.02%
BJ	A	0.05%	0.08%	0.05%
BKR	B	0.12%	0.31%	0.12%
BLD	D	0.02%	0.08%	0.02%
BLDR	D	0.06%	0.15%	0.06%
BOKF	B	0.01%	0.05%	0.01%
BRO	B	0.03%	0.22%	0.03%
BRX	A	0.03%	0.06%	0.03%
BWA	D	0.05%	0.05%	0.05%
BWXT	B	0.02%	0.07%	0.02%
BXP	D	0.06%	0.09%	0.06%
CACI	D	0.03%	0.07%	0.03%
CAG	D	0.07%	0.09%	0.07%
CASY	A	0.04%	0.11%	0.04%
CAT	B	0.34%	1.22%	0.34%
CBOE	B	0.02%	0.16%	0.02%
CCI	D	0.12%	0.31%	0.12%
CCK	C	0.04%	0.07%	0.04%
CDW	F	0.04%	0.16%	0.04%
CEG	D	0.13%	0.41%	0.13%
CF	B	0.06%	0.11%	0.06%
CFR	B	0.02%	0.06%	0.02%
CGNX	C	0.01%	0.05%	0.01%
CHRD	D	0.02%	0.06%	0.02%
CHRW	C	0.08%	0.08%	0.08%
CIEN	B	0.02%	0.06%	0.02%
CINF	A	0.08%	0.16%	0.08%
CLH	B	0.02%	0.1%	0.02%
CMS	C	0.07%	0.14%	0.07%
CNM	D	0.01%	0.06%	0.01%
CNP	B	0.07%	0.14%	0.07%
COHR	B	0.03%	0.11%	0.03%
COIN	C	0.03%	0.54%	0.03%
COLD	D	0.02%	0.05%	0.02%
COR	B	0.26%	0.34%	0.26%
CPAY	A	0.04%	0.18%	0.04%
CPB	D	0.03%	0.1%	0.03%
CPNG	D	0.03%	0.3%	0.03%
CPRT	A	0.03%	0.37%	0.03%
CPT	B	0.04%	0.09%	0.04%
CR	A	0.02%	0.07%	0.02%
CRBG	B	0.06%	0.12%	0.06%
CSGP	D	0.02%	0.23%	0.02%
CSL	C	0.03%	0.14%	0.03%
CSX	B	0.14%	0.47%	0.14%
CTAS	B	0.06%	0.61%	0.06%
CTRA	B	0.07%	0.14%	0.07%
CUBE	D	0.02%	0.08%	0.02%
CW	B	0.02%	0.09%	0.02%
DAL	C	0.04%	0.27%	0.04%
DCI	B	0.02%	0.06%	0.02%
DECK	A	0.02%	0.19%	0.02%
DG	F	0.05%	0.12%	0.05%
DHI	D	0.12%	0.39%	0.12%
DINO	D	0.04%	0.06%	0.04%
DLR	B	0.13%	0.43%	0.13%
DLTR	F	0.04%	0.1%	0.04%
DOC	D	0.07%	0.1%	0.07%
DOV	A	0.05%	0.19%	0.05%
DOX	D	0.02%	0.07%	0.02%
DTE	C	0.1%	0.17%	0.1%
DTM	B	0.03%	0.07%	0.03%
DVA	B	0.04%	0.09%	0.04%
DVN	F	0.1%	0.18%	0.1%
DXCM	D	0.01%	0.23%	0.01%
ED	D	0.15%	0.23%	0.15%
EFX	F	0.03%	0.22%	0.03%
EGP	F	0.01%	0.06%	0.01%
EHC	B	0.02%	0.07%	0.02%
ELAN	D	0.03%	0.04%	0.03%
ELS	C	0.02%	0.1%	0.02%
ELV	F	0.28%	0.67%	0.28%
EME	C	0.04%	0.17%	0.04%
EMR	A	0.15%	0.5%	0.15%
ENTG	D	0.01%	0.11%	0.01%
EOG	A	0.27%	0.56%	0.27%
EPAM	C	0.01%	0.09%	0.01%
EQR	B	0.08%	0.2%	0.08%
ES	D	0.11%	0.15%	0.11%
ESNT	D	0.02%	0.04%	0.02%
ESS	B	0.05%	0.14%	0.05%
ETR	B	0.15%	0.22%	0.15%
EVR	B	0.02%	0.08%	0.02%
EVRG	A	0.08%	0.1%	0.08%
EW	C	0.03%	0.3%	0.03%
EWBC	A	0.04%	0.1%	0.04%
EXC	C	0.2%	0.26%	0.2%
EXEL	B	0.02%	0.07%	0.02%
EXPD	D	0.04%	0.11%	0.04%
EXR	D	0.04%	0.25%	0.04%
FANG	D	0.08%	0.4%	0.08%
FAST	B	0.06%	0.33%	0.06%
FBIN	D	0.02%	0.06%	0.02%
FCN	D	0.01%	0.05%	0.01%
FCNCA	A	0.03%	0.24%	0.03%
FCX	D	0.14%	0.4%	0.14%
FDX	B	0.31%	0.55%	0.31%
FE	C	0.1%	0.16%	0.1%
FFIV	B	0.02%	0.1%	0.02%
FHN	A	0.05%	0.08%	0.05%
FLEX	A	0.08%	0.11%	0.08%
FLR	B	0.03%	0.06%	0.03%
FND	C	0.01%	0.08%	0.01%
FR	C	0.01%	0.05%	0.01%
FRT	B	0.02%	0.07%	0.02%
FSLR	F	0.03%	0.14%	0.03%
FTNT	C	0.01%	0.48%	0.01%
FYBR	D	0.06%	0.06%	0.06%
G	B	0.02%	0.05%	0.02%
GAP	C	0.03%	0.05%	0.03%
GEHC	F	0.08%	0.26%	0.08%
GEN	B	0.06%	0.12%	0.06%
GEV	B	0.1%	0.62%	0.1%
GGG	B	0.02%	0.1%	0.02%
GL	B	0.03%	0.07%	0.03%
GME	C	0.02%	0.07%	0.02%
GNRC	B	0.03%	0.07%	0.03%
GNTX	C	0.01%	0.05%	0.01%
GPC	D	0.05%	0.12%	0.05%
GPK	C	0.03%	0.06%	0.03%
HAL	C	0.07%	0.2%	0.07%
HD	A	0.73%	2.69%	0.73%
HOLX	D	0.04%	0.13%	0.04%
HST	C	0.04%	0.09%	0.04%
HUBB	B	0.03%	0.16%	0.03%
ICE	C	0.12%	0.62%	0.12%
IDXX	F	0.01%	0.25%	0.01%
IEX	B	0.02%	0.12%	0.02%
IFF	D	0.08%	0.16%	0.08%
INCY	C	0.02%	0.1%	0.02%
INVH	D	0.05%	0.15%	0.05%
IP	B	0.15%	0.15%	0.15%
IQV	D	0.05%	0.26%	0.05%
IR	B	0.03%	0.29%	0.03%
ISRG	A	0.08%	1.34%	0.08%
ITT	A	0.02%	0.08%	0.02%
J	F	0.04%	0.11%	0.04%
JAZZ	B	0.02%	0.05%	0.02%
JBHT	C	0.03%	0.13%	0.03%
JBL	B	0.05%	0.09%	0.05%
JEF	A	0.07%	0.11%	0.07%
JKHY	D	0.02%	0.09%	0.02%
JNPR	F	0.03%	0.08%	0.03%
KBR	F	0.02%	0.05%	0.02%
KEX	C	0.02%	0.05%	0.02%
KEYS	A	0.03%	0.2%	0.03%
KLAC	D	0.05%	0.58%	0.05%
KMI	A	0.3%	0.43%	0.3%
KMX	B	0.08%	0.09%	0.08%
KNX	B	0.03%	0.06%	0.03%
L	A	0.06%	0.13%	0.06%
LAD	A	0.06%	0.07%	0.06%
LAMR	D	0.03%	0.09%	0.03%
LBRDA	C	0.0%	0.07%	0.0%
LECO	B	0.01%	0.08%	0.01%
LEN	D	0.01%	0.33%	0.01%
LEN	D	0.12%	0.33%	0.12%
LH	C	0.06%	0.14%	0.06%
LII	A	0.02%	0.16%	0.02%
LIN	D	0.28%	1.49%	0.28%
LNG	B	0.07%	0.35%	0.07%
LOW	D	0.34%	1.01%	0.34%
LPX	B	0.02%	0.05%	0.02%
LSTR	D	0.02%	0.04%	0.02%
LW	C	0.02%	0.08%	0.02%
LYB	F	0.14%	0.19%	0.14%
MAA	B	0.05%	0.13%	0.05%
MAS	D	0.03%	0.12%	0.03%
MCHP	D	0.05%	0.24%	0.05%
MHK	D	0.06%	0.06%	0.06%
MIDD	C	0.02%	0.05%	0.02%
MKC	D	0.04%	0.15%	0.04%
MKL	A	0.08%	0.15%	0.08%
MKSI	C	0.02%	0.05%	0.02%
MLI	C	0.02%	0.07%	0.02%
MLM	B	0.04%	0.25%	0.04%
MNST	C	0.03%	0.37%	0.03%
MOH	F	0.05%	0.12%	0.05%
MRO	B	0.07%	0.12%	0.07%
MRVL	B	0.06%	0.57%	0.06%
MSCI	C	0.02%	0.31%	0.02%
MTD	D	0.02%	0.17%	0.02%
MTH	D	0.03%	0.05%	0.03%
MTN	C	0.01%	0.05%	0.01%
MTZ	B	0.04%	0.08%	0.04%
MUSA	A	0.03%	0.08%	0.03%
NDSN	B	0.02%	0.1%	0.02%
NEE	D	0.38%	1.08%	0.38%
NEM	D	0.16%	0.35%	0.16%
NI	A	0.06%	0.11%	0.06%
NNN	D	0.02%	0.06%	0.02%
NRG	B	0.11%	0.12%	0.11%
NSC	B	0.13%	0.42%	0.13%
NTAP	C	0.06%	0.17%	0.06%
NUE	C	0.12%	0.24%	0.12%
NVR	D	0.05%	0.19%	0.05%
NWSA	B	0.03%	0.12%	0.03%
OC	A	0.05%	0.12%	0.05%
ODFL	B	0.03%	0.33%	0.03%
OGE	B	0.04%	0.06%	0.04%
OHI	C	0.03%	0.07%	0.03%
OKE	A	0.18%	0.48%	0.18%
OKTA	C	0.01%	0.09%	0.01%
ON	D	0.04%	0.21%	0.04%
ORI	A	0.06%	0.07%	0.06%
ORLY	B	0.06%	0.47%	0.06%
OTIS	C	0.06%	0.25%	0.06%
OVV	B	0.04%	0.09%	0.04%
OXY	D	0.13%	0.33%	0.13%
PAG	B	0.02%	0.07%	0.02%
PAYX	C	0.07%	0.35%	0.07%
PB	A	0.03%	0.06%	0.03%
PCAR	B	0.14%	0.4%	0.14%
PCG	A	0.11%	0.31%	0.11%
PEG	A	0.15%	0.3%	0.15%
PFGC	B	0.08%	0.09%	0.08%
PGR	A	0.25%	1.06%	0.25%
PH	A	0.11%	0.61%	0.11%
PHM	D	0.07%	0.19%	0.07%
PKG	A	0.06%	0.15%	0.06%
PLD	D	0.15%	0.76%	0.15%
PNFP	B	0.03%	0.07%	0.03%
PNW	B	0.06%	0.07%	0.06%
POOL	C	0.02%	0.1%	0.02%
POST	C	0.02%	0.04%	0.02%
PRI	A	0.02%	0.07%	0.02%
PSA	D	0.07%	0.4%	0.07%
PWR	A	0.06%	0.33%	0.06%
QCOM	F	0.31%	1.24%	0.31%
QRVO	F	0.02%	0.04%	0.02%
REG	B	0.04%	0.1%	0.04%
REGN	F	0.1%	0.63%	0.1%
REXR	F	0.01%	0.07%	0.01%
RF	A	0.12%	0.17%	0.12%
RGA	A	0.06%	0.11%	0.06%
RGLD	C	0.01%	0.07%	0.01%
RHI	B	0.02%	0.05%	0.02%
RLI	B	0.01%	0.06%	0.01%
RMD	C	0.03%	0.25%	0.03%
ROP	B	0.06%	0.42%	0.06%
RPM	A	0.03%	0.12%	0.03%
RPRX	D	0.02%	0.11%	0.02%
RRC	B	0.01%	0.06%	0.01%
RRX	B	0.03%	0.08%	0.03%
RS	B	0.05%	0.12%	0.05%
RSG	A	0.06%	0.46%	0.06%
RVTY	F	0.03%	0.1%	0.03%
SAIA	B	0.01%	0.1%	0.01%
SAIC	F	0.02%	0.04%	0.02%
SBAC	D	0.02%	0.16%	0.02%
SCCO	F	0.02%	0.52%	0.02%
SCI	B	0.03%	0.09%	0.03%
SEIC	B	0.01%	0.07%	0.01%
SF	B	0.03%	0.08%	0.03%
SFM	A	0.05%	0.1%	0.05%
SHW	A	0.09%	0.65%	0.09%
SITE	D	0.01%	0.05%	0.01%
SLB	C	0.13%	0.44%	0.13%
SMCI	F	0.0%	0.11%	0.0%
SNA	A	0.04%	0.13%	0.04%
SNOW	C	0.01%	0.3%	0.01%
SNPS	B	0.03%	0.6%	0.03%
SOLV	C	0.05%	0.09%	0.05%
SPG	B	0.12%	0.41%	0.12%
SSB	B	0.02%	0.06%	0.02%
SSNC	B	0.04%	0.13%	0.04%
STAG	F	0.01%	0.05%	0.01%
STE	F	0.03%	0.15%	0.03%
STLD	B	0.07%	0.15%	0.07%
STWD	C	0.04%	0.05%	0.04%
SUI	D	0.04%	0.12%	0.04%
SWKS	F	0.03%	0.09%	0.03%
SYY	B	0.14%	0.24%	0.14%
TER	D	0.02%	0.12%	0.02%
THC	D	0.12%	0.1%	0.1%
TMHC	B	0.04%	0.05%	0.04%
TOL	B	0.05%	0.11%	0.05%
TPX	B	0.01%	0.06%	0.01%
TRGP	B	0.1%	0.32%	0.1%
TRMB	B	0.03%	0.12%	0.03%
TSCO	D	0.05%	0.19%	0.05%
TSN	B	0.15%	0.16%	0.15%
TTC	D	0.01%	0.06%	0.01%
TTWO	A	0.04%	0.23%	0.04%
TXRH	C	0.02%	0.09%	0.02%
TYL	B	0.02%	0.18%	0.02%
UDR	B	0.04%	0.1%	0.04%
UFPI	B	0.02%	0.05%	0.02%
UHAL	D	0.0%	0.08%	0.0%
UHAL	D	0.02%	0.08%	0.02%
UHS	D	0.05%	0.1%	0.05%
UPS	C	0.32%	0.77%	0.32%
URI	B	0.11%	0.37%	0.11%
USFD	A	0.09%	0.12%	0.09%
UTHR	C	0.04%	0.11%	0.04%
VEEV	C	0.02%	0.25%	0.02%
VLO	C	0.33%	0.33%	0.33%
VLTO	D	0.02%	0.18%	0.02%
VMC	B	0.04%	0.26%	0.04%
VNO	B	0.06%	0.05%	0.05%
VRSK	A	0.03%	0.28%	0.03%
VRT	B	0.02%	0.33%	0.02%
VST	B	0.15%	0.29%	0.15%
VTR	C	0.11%	0.18%	0.11%
WAL	B	0.03%	0.07%	0.03%
WBS	A	0.04%	0.07%	0.04%
WCC	B	0.06%	0.07%	0.06%
WDC	D	0.1%	0.15%	0.1%
WEC	A	0.11%	0.22%	0.11%
WELL	A	0.16%	0.58%	0.16%
WEX	D	0.01%	0.05%	0.01%
WLK	D	0.01%	0.11%	0.01%
WM	A	0.13%	0.6%	0.13%
WPC	D	0.04%	0.09%	0.04%
WRB	A	0.04%	0.16%	0.04%
WSC	D	0.01%	0.05%	0.01%
WSM	B	0.03%	0.15%	0.03%
WSO	A	0.03%	0.15%	0.03%
WST	C	0.01%	0.16%	0.01%
WTFC	A	0.03%	0.06%	0.03%
WTRG	B	0.03%	0.07%	0.03%
WY	D	0.09%	0.16%	0.09%
XOM	B	2.24%	3.74%	2.24%
XPO	B	0.02%	0.13%	0.02%
YUM	B	0.05%	0.25%	0.05%
ZION	B	0.05%	0.06%	0.05%

PRF Overweight 614 Positions Relative to PTL

Symbol	Grade	Weight
BRK.A	B	2.34%
AAPL	C	2.3%
JPM	A	2.2%
MSFT	F	1.86%
AMZN	C	1.74%
BAC	A	1.37%
WFC	A	1.29%
VZ	C	1.19%
T	A	1.18%
WMT	A	1.16%
CVX	A	1.16%
C	A	1.14%
UNH	C	1.06%
GOOGL	C	1.03%
META	D	0.96%
JNJ	D	0.92%
GOOG	C	0.89%
GM	B	0.79%
GS	A	0.78%
CMCSA	B	0.78%
PFE	D	0.77%
PG	A	0.71%
PM	B	0.66%
CSCO	B	0.64%
MS	A	0.58%
ABBV	D	0.57%
COST	B	0.56%
IBM	C	0.53%
CVS	D	0.53%
MO	A	0.52%
PEP	F	0.48%
KO	D	0.47%
RTX	C	0.47%
INTC	D	0.45%
MCK	B	0.45%
MMM	D	0.42%
BMY	B	0.42%
COP	C	0.42%
DIS	B	0.42%
MRK	F	0.41%
COF	B	0.41%
DUK	C	0.4%
F	C	0.39%
USB	A	0.38%
PNC	B	0.37%
TSLA	B	0.37%
CI	F	0.37%
GILD	C	0.37%
TFC	A	0.36%
SO	D	0.36%
MDT	D	0.35%
TXN	C	0.34%
LMT	D	0.34%
BLK	C	0.33%
TMUS	B	0.33%
ABT	B	0.32%
AMGN	D	0.32%
ORCL	B	0.32%
MU	D	0.31%
KR	B	0.31%
MPC	D	0.31%
HON	B	0.3%
CB	C	0.3%
MCD	D	0.29%
MET	A	0.29%
PSX	C	0.29%
CAH	B	0.29%
TGT	F	0.29%
AXP	A	0.29%
BK	A	0.27%
NVDA	C	0.26%
D	C	0.26%
CRM	B	0.25%
UNP	C	0.25%
ACN	C	0.25%
CHTR	C	0.25%
V	A	0.25%
WMB	A	0.24%
TRV	B	0.24%
SYF	B	0.23%
GE	D	0.23%
PRU	A	0.23%
CNC	D	0.22%
FI	A	0.22%
DE	A	0.22%
TMO	F	0.22%
NFLX	A	0.21%
LLY	F	0.21%
DFS	B	0.2%
ALL	A	0.2%
PYPL	B	0.2%
AEP	D	0.2%
HPQ	B	0.19%
TJX	A	0.19%
HPE	B	0.19%
SRE	A	0.19%
GD	F	0.18%
DOW	F	0.18%
JCI	C	0.18%
SCHW	B	0.18%
ETN	A	0.18%
MDLZ	F	0.18%
ADI	D	0.17%
DD	D	0.17%
NOC	D	0.17%
SPGI	C	0.17%
MA	C	0.17%
SBUX	A	0.17%
CFG	B	0.16%
DHR	F	0.16%
STT	A	0.16%
MTB	A	0.16%
APD	A	0.16%
WBD	C	0.16%
XEL	A	0.15%
AMD	F	0.15%
AMT	D	0.15%
FIS	C	0.15%
CMI	A	0.15%
HCA	F	0.15%
BBY	D	0.14%
PPL	B	0.14%
EIX	B	0.14%
KHC	F	0.14%
HIG	B	0.14%
FITB	A	0.14%
HUM	C	0.14%
CME	A	0.14%
CBRE	B	0.13%
BDX	F	0.13%
KKR	A	0.13%
ZIM	C	0.13%
GIS	D	0.13%
CL	D	0.13%
MMC	B	0.13%
KMB	D	0.13%
BX	A	0.13%
LHX	C	0.12%
BSX	B	0.12%
HBAN	A	0.12%
LUMN	C	0.12%
NKE	D	0.12%
PARA	C	0.12%
SYK	C	0.12%
AMAT	F	0.12%
ITW	B	0.12%
GLW	B	0.12%
CARR	D	0.11%
WBA	F	0.11%
KEY	B	0.11%
BA	F	0.11%
ADBE	C	0.11%
EQIX	A	0.1%
O	D	0.1%
NTRS	A	0.1%
CTSH	B	0.1%
AMP	A	0.1%
BKNG	A	0.1%
TT	A	0.1%
PFG	D	0.1%
VRTX	F	0.09%
AER	B	0.09%
BIIB	F	0.09%
VTRS	A	0.09%
KDP	D	0.09%
EBAY	D	0.09%
INTU	C	0.09%
TROW	B	0.09%
JXN	C	0.09%
CTVA	C	0.09%
NXPI	D	0.08%
ALLY	C	0.08%
K	A	0.08%
AVB	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%
STZ	D	0.07%
RJF	A	0.07%
FNF	B	0.07%
DGX	A	0.07%
VFC	C	0.07%
TDG	D	0.07%
STX	D	0.07%
SWK	D	0.07%
AJG	B	0.07%
EQT	B	0.07%
AON	A	0.07%
VICI	C	0.07%
SQ	B	0.07%
MSI	B	0.07%
WTW	B	0.07%
ACGL	D	0.07%
CCL	B	0.07%
LRCX	F	0.07%
ECL	D	0.07%
IVZ	B	0.06%
ZTS	D	0.06%
EQH	B	0.06%
MAR	B	0.06%
GWW	B	0.06%
CMA	A	0.06%
MOS	F	0.06%
MCO	B	0.06%
ROST	C	0.06%
LDOS	C	0.06%
WAB	B	0.06%
UAL	A	0.06%
WHR	B	0.06%
EMN	D	0.06%
JLL	D	0.06%
R	B	0.06%
GRMN	B	0.06%
UGI	A	0.05%
DXC	B	0.05%
DRI	B	0.05%
HWM	A	0.05%
ZBH	C	0.05%
HBI	B	0.05%
SJM	D	0.05%
APO	B	0.05%
EG	C	0.05%
TWLO	A	0.05%
BALL	D	0.05%
UBER	D	0.05%
CLX	B	0.05%
ACM	A	0.05%
X	C	0.05%
ROK	B	0.05%
BAP	B	0.05%
KIM	A	0.05%
TAP	C	0.05%
M	D	0.05%
RCL	A	0.05%
AES	F	0.05%
OMF	A	0.05%
CNH	C	0.05%
TDS	B	0.05%
LNT	A	0.05%
KD	B	0.05%
FOXA	B	0.05%
HES	B	0.05%
AVT	C	0.04%
CHD	B	0.04%
BEN	C	0.04%
GT	C	0.04%
TPR	B	0.04%
PBF	D	0.04%
NOW	A	0.04%
ZBRA	B	0.04%
A	D	0.04%
LEA	D	0.04%
SNV	B	0.04%
INGR	B	0.04%
ABG	B	0.04%
EXPE	B	0.04%
SNX	C	0.04%
APTV	D	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%
LKQ	D	0.04%
SLG	B	0.04%
MRNA	F	0.04%
AIZ	A	0.04%
CCEP	C	0.04%
BFH	B	0.04%
TXT	D	0.04%
GPI	A	0.04%
IPG	D	0.04%
HSY	F	0.04%
EA	A	0.04%
MPW	F	0.04%
PK	B	0.03%
OLN	D	0.03%
ICLR	D	0.03%
CMC	B	0.03%
BHF	B	0.03%
ALV	C	0.03%
DASH	A	0.03%
MAN	D	0.03%
CLF	F	0.03%
KRC	C	0.03%
DAR	C	0.03%
OSK	B	0.03%
VLY	B	0.03%
LBRDK	C	0.03%
CTLT	B	0.03%
RIG	D	0.03%
BAH	F	0.03%
CAR	C	0.03%
GXO	B	0.03%
ZM	B	0.03%
XYL	D	0.03%
WU	D	0.03%
CNO	A	0.03%
FOX	A	0.03%
BECN	B	0.03%
AL	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%
GLPI	C	0.03%
CNX	A	0.03%
TRU	D	0.03%
COOP	B	0.03%
CG	A	0.03%
AXS	A	0.03%
GEO	B	0.03%
CZR	F	0.03%
AVY	D	0.03%
LPLA	A	0.03%
CMG	B	0.03%
BURL	A	0.03%
ARMK	B	0.03%
OGN	D	0.03%
PENN	C	0.03%
BR	A	0.03%
FTV	C	0.03%
FMC	D	0.03%
JHG	A	0.03%
VOYA	B	0.03%
HSIC	B	0.03%
AVTR	F	0.03%
SPOT	B	0.03%
HLT	A	0.03%
DKS	C	0.03%
HRL	D	0.03%
LVS	C	0.03%
HOOD	B	0.03%
NDAQ	A	0.03%
CDP	C	0.02%
TKR	D	0.02%
MSM	C	0.02%
WDAY	B	0.02%
ASGN	F	0.02%
MC	C	0.02%
PCH	D	0.02%
RH	B	0.02%
ARES	A	0.02%
HP	B	0.02%
FDS	B	0.02%
APLE	B	0.02%
CATY	B	0.02%
RIVN	F	0.02%
TTMI	B	0.02%
DK	C	0.02%
SMG	D	0.02%
OUT	A	0.02%
EPR	D	0.02%
LNW	D	0.02%
ADNT	F	0.02%
GHC	C	0.02%
AVA	A	0.02%
SFNC	B	0.02%
GATX	A	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%
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%
HUBG	A	0.02%
HLF	C	0.02%
CC	C	0.02%
NVST	B	0.02%
ALE	A	0.02%
CBT	C	0.02%
OI	C	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%
DPZ	C	0.02%
DY	D	0.02%
VMI	B	0.02%
PLXS	B	0.02%
CHKP	D	0.02%
WKC	D	0.02%
GRAB	B	0.02%
REZI	A	0.02%
HRI	B	0.02%
HOMB	A	0.02%
WAT	B	0.02%
FHB	A	0.02%
LUV	C	0.02%
RL	B	0.02%
AGO	B	0.02%
MELI	D	0.02%
UMBF	B	0.02%
UNFI	A	0.02%
BTU	B	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%
COLB	A	0.02%
PHIN	A	0.02%
SM	B	0.02%
LYV	A	0.02%
OGS	A	0.02%
MAT	D	0.02%
SEE	C	0.02%
FL	F	0.02%
GDDY	A	0.02%
HOG	D	0.02%
LITE	B	0.02%
ADSK	A	0.02%
NOV	C	0.02%
KMPR	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%
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%
CDNS	B	0.02%
GBCI	B	0.02%
PRGO	B	0.02%
FLS	B	0.02%
PVH	C	0.02%
AMG	B	0.02%
RDN	C	0.02%
MUR	D	0.02%
SBRA	C	0.02%
HWC	B	0.02%
IDA	A	0.02%
BCC	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%
POR	C	0.02%
ABM	B	0.02%
HUN	F	0.02%
ILMN	D	0.02%
CADE	B	0.02%
EL	F	0.02%
UBSI	B	0.02%
MAC	B	0.02%
VSCO	B	0.02%
TPH	D	0.02%
NFG	A	0.02%
BBWI	D	0.02%
HII	D	0.02%
ULTA	F	0.02%
ONB	B	0.02%
HRB	D	0.02%
FTI	A	0.02%
TGNA	B	0.02%
GNW	A	0.02%
SWX	B	0.02%
CUZ	B	0.02%
NXST	C	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%
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%
AMR	C	0.01%
ODP	F	0.01%
ARCB	C	0.01%
IGT	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%
UAA	C	0.01%
XRAY	F	0.01%
NWS	B	0.01%
OMI	F	0.01%
PDCO	D	0.01%
URBN	C	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%
RYN	D	0.01%
ASO	F	0.01%
ASH	D	0.01%
BMRN	D	0.01%
ANDE	D	0.01%
TEX	D	0.01%
LFUS	F	0.01%
EEFT	B	0.01%
JBGS	D	0.01%
THS	D	0.01%
PINC	B	0.01%
HTZ	C	0.01%
UNIT	B	0.01%
FUL	F	0.01%
PFSI	D	0.01%
AEO	F	0.01%
BYD	C	0.01%
APAM	B	0.01%
MTCH	D	0.01%
NOMD	D	0.01%
RUN	F	0.01%
KMT	B	0.01%
SPB	C	0.01%
PECO	A	0.01%
PTC	A	0.01%
GEF	A	0.01%
LCII	C	0.01%
ENS	D	0.01%
XRX	F	0.01%
PPBI	B	0.01%
ABNB	C	0.01%
UCB	A	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%
SIGI	C	0.01%
BCO	D	0.01%
FIBK	A	0.01%
ALIT	C	0.01%
MTDR	B	0.01%
ARCH	B	0.01%
BDN	C	0.01%
AUB	B	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%
FFBC	A	0.01%
LEG	F	0.01%
INDB	B	0.01%
ESGR	B	0.01%
HE	C	0.01%
KNF	A	0.01%
WWD	B	0.01%
IRT	A	0.01%
TFX	F	0.01%
ESAB	B	0.01%
WYNN	D	0.01%
SEDG	F	0.0%
PARR	D	0.0%

PRF Underweight 112 Positions Relative to PTL

Symbol	Grade	Weight
PLTR	B	-0.98%
PANW	C	-0.89%
APP	B	-0.76%
MSTR	C	-0.58%
IBKR	A	-0.53%
TTD	B	-0.43%
FICO	B	-0.39%
CVNA	B	-0.33%
KVUE	A	-0.32%
DDOG	A	-0.32%
TPL	A	-0.24%
OWL	A	-0.23%
NET	B	-0.23%
ZS	C	-0.22%
IOT	A	-0.21%
RKT	F	-0.2%
TW	A	-0.2%
MPWR	F	-0.19%
ROL	B	-0.17%
TKO	B	-0.16%
TOST	B	-0.16%
AFRM	B	-0.16%
GFS	C	-0.16%
ERIE	D	-0.15%
MDB	C	-0.15%
UI	A	-0.14%
NTNX	A	-0.13%
PODD	C	-0.13%
CHWY	B	-0.12%
RYAN	B	-0.12%
DOCU	A	-0.11%
SMMT	D	-0.11%
GWRE	A	-0.11%
BSY	D	-0.11%
FIX	A	-0.11%
MANH	D	-0.11%
DT	C	-0.1%
INSM	C	-0.09%
PR	B	-0.09%
SN	D	-0.09%
HLI	B	-0.09%
PAYC	B	-0.09%
NBIX	C	-0.09%
EDR	A	-0.09%
PCTY	B	-0.08%
KNSL	B	-0.08%
PCVX	D	-0.08%
GMED	A	-0.08%
MEDP	D	-0.08%
PPC	C	-0.08%
ITCI	C	-0.07%
BRBR	A	-0.07%
RBC	A	-0.07%
RVMD	C	-0.07%
PEN	B	-0.07%
KNTK	B	-0.07%
WING	D	-0.07%
WMS	D	-0.07%
CFLT	B	-0.07%
UWMC	D	-0.07%
AAON	B	-0.07%
HLNE	B	-0.07%
PCOR	B	-0.07%
EXP	A	-0.07%
MKTX	D	-0.07%
COKE	C	-0.07%
GTLB	B	-0.07%
TTEK	F	-0.07%
TREX	C	-0.06%
ONTO	D	-0.06%
BRKR	D	-0.06%
OLED	D	-0.06%
INFA	D	-0.06%
CHE	D	-0.06%
APPF	B	-0.06%
AUR	C	-0.06%
HESM	B	-0.06%
HQY	B	-0.06%
ENSG	D	-0.06%
MTSI	B	-0.06%
CRS	A	-0.06%
PLNT	A	-0.06%
SUM	B	-0.06%
ALTR	B	-0.06%
ROIV	C	-0.06%
FOUR	B	-0.06%
S	B	-0.06%
ENPH	F	-0.06%
ESTC	C	-0.06%
SATS	D	-0.05%
NUVL	D	-0.05%
WFRD	D	-0.05%
SPSC	C	-0.05%
WTS	B	-0.05%
CELH	F	-0.05%
NPAB	B	-0.05%
HCP	B	-0.05%
PATH	C	-0.05%
MSA	D	-0.05%
LSCC	D	-0.05%
DLB	B	-0.05%
SSD	D	-0.05%
GKOS	B	-0.05%
FRPT	B	-0.05%
RGEN	D	-0.05%
U	C	-0.05%
IBP	D	-0.04%
LNTH	D	-0.04%
TRNO	F	-0.04%
VKTX	F	-0.04%
BFAM	D	-0.04%
LCID	F	-0.03%