PRF vs. USCL ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

$40.52

Average Daily Volume

221,945

Number of Holdings ^*

982

* may have additional holdings in another (foreign) market

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.28

Average Daily Volume

2,871

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	PRF	USCL
30 Days	-0.47%	0.39%
60 Days	0.39%	2.02%
90 Days	5.49%	7.94%
12 Months	31.48%	39.14%

275 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in USCL	Overlap
A	F	0.04%	0.11%	0.04%
AAPL	C	2.38%	5.54%	2.38%
ABBV	A	0.65%	0.92%	0.65%
ABNB	C	0.01%	0.17%	0.01%
ABT	C	0.33%	0.56%	0.33%
ACGL	D	0.08%	0.11%	0.08%
ACM	A	0.05%	0.04%	0.04%
ACN	C	0.26%	0.64%	0.26%
ADBE	F	0.11%	0.6%	0.11%
ADI	C	0.18%	0.31%	0.18%
ADP	A	0.14%	0.33%	0.14%
ADSK	B	0.02%	0.17%	0.02%
AEP	D	0.22%	0.15%	0.15%
AIG	B	0.32%	0.14%	0.14%
AJG	D	0.07%	0.17%	0.07%
AKAM	C	0.03%	0.04%	0.03%
ALB	C	0.03%	0.03%	0.03%
AMD	F	0.17%	0.69%	0.17%
AME	A	0.04%	0.11%	0.04%
AMGN	C	0.35%	0.47%	0.35%
AMT	D	0.18%	0.29%	0.18%
AMZN	B	1.57%	4.71%	1.57%
ANSS	C	0.02%	0.08%	0.02%
AON	A	0.07%	0.19%	0.07%
APO	B	0.04%	0.16%	0.04%
ARE	F	0.07%	0.05%	0.05%
ATO	B	0.06%	0.06%	0.06%
AVB	C	0.08%	0.09%	0.08%
AVGO	B	0.51%	2.19%	0.51%
AVY	D	0.03%	0.05%	0.03%
AWK	D	0.06%	0.08%	0.06%
AXP	B	0.28%	0.43%	0.28%
BAC	B	1.3%	0.82%	0.82%
BAH	A	0.03%	0.06%	0.03%
BALL	F	0.05%	0.06%	0.05%
BIIB	F	0.1%	0.07%	0.07%
BK	B	0.27%	0.16%	0.16%
BKNG	A	0.09%	0.42%	0.09%
BKR	A	0.1%	0.1%	0.1%
BMY	A	0.39%	0.3%	0.3%
BR	C	0.03%	0.07%	0.03%
BSX	B	0.12%	0.36%	0.12%
BX	B	0.13%	0.33%	0.13%
BXP	B	0.07%	0.04%	0.04%
CAT	B	0.35%	0.53%	0.35%
CB	C	0.31%	0.32%	0.31%
CBOE	A	0.02%	0.06%	0.02%
CBRE	A	0.13%	0.1%	0.1%
CCI	D	0.13%	0.13%	0.13%
CCK	B	0.04%	0.03%	0.03%
CDNS	C	0.02%	0.19%	0.02%
CEG	B	0.16%	0.23%	0.16%
CG	B	0.03%	0.03%	0.03%
CHD	D	0.03%	0.07%	0.03%
CHTR	D	0.21%	0.09%	0.09%
CL	D	0.15%	0.22%	0.15%
CLX	C	0.05%	0.05%	0.05%
CMCSA	A	0.77%	0.45%	0.45%
CME	A	0.15%	0.22%	0.15%
CMG	D	0.03%	0.23%	0.03%
CMI	B	0.14%	0.13%	0.13%
COP	C	0.4%	0.34%	0.34%
CPB	D	0.04%	0.03%	0.03%
CPRT	D	0.03%	0.13%	0.03%
CRL	F	0.02%	0.03%	0.02%
CRM	B	0.22%	0.77%	0.22%
CSCO	B	0.63%	0.63%	0.63%
CSL	C	0.03%	0.06%	0.03%
CSX	D	0.13%	0.18%	0.13%
CTAS	B	0.06%	0.21%	0.06%
CTLT	D	0.03%	0.03%	0.03%
CTSH	D	0.09%	0.1%	0.09%
CTVA	A	0.1%	0.11%	0.1%
CVS	F	0.55%	0.2%	0.2%
CVX	C	1.1%	0.73%	0.73%
D	B	0.29%	0.14%	0.14%
DD	D	0.17%	0.1%	0.1%
DE	B	0.23%	0.29%	0.23%
DECK	B	0.02%	0.07%	0.02%
DFS	B	0.17%	0.1%	0.1%
DHR	F	0.17%	0.48%	0.17%
DIS	B	0.38%	0.49%	0.38%
DLR	A	0.12%	0.15%	0.12%
DOC	B	0.08%	0.04%	0.04%
DOV	B	0.05%	0.07%	0.05%
DUK	C	0.44%	0.26%	0.26%
DVA	D	0.04%	0.02%	0.02%
EBAY	D	0.1%	0.09%	0.09%
ECL	C	0.08%	0.18%	0.08%
ED	C	0.17%	0.1%	0.1%
EFX	D	0.03%	0.09%	0.03%
EL	F	0.03%	0.06%	0.03%
EMR	B	0.13%	0.17%	0.13%
EOG	D	0.26%	0.2%	0.2%
EQIX	A	0.1%	0.23%	0.1%
EQR	D	0.09%	0.07%	0.07%
ES	D	0.12%	0.06%	0.06%
ETN	B	0.18%	0.38%	0.18%
EW	D	0.03%	0.12%	0.03%
EXC	C	0.22%	0.11%	0.11%
EXPD	D	0.04%	0.05%	0.04%
F	D	0.4%	0.12%	0.12%
FANG	F	0.08%	0.09%	0.08%
FCX	D	0.15%	0.19%	0.15%
FDS	B	0.01%	0.05%	0.01%
FDX	C	0.29%	0.17%	0.17%
FI	B	0.21%	0.32%	0.21%
FIS	A	0.16%	0.14%	0.14%
FSLR	F	0.03%	0.06%	0.03%
FTNT	B	0.01%	0.15%	0.01%
FTV	F	0.03%	0.07%	0.03%
GEN	A	0.06%	0.04%	0.04%
GGG	F	0.01%	0.04%	0.01%
GILD	A	0.37%	0.3%	0.3%
GIS	D	0.14%	0.11%	0.11%
GM	B	0.74%	0.17%	0.17%
GOOG	A	0.84%	1.95%	0.84%
GOOGL	A	0.98%	2.24%	0.98%
GPN	D	0.06%	0.07%	0.06%
GRMN	B	0.05%	0.07%	0.05%
GS	B	0.71%	0.46%	0.46%
HD	B	0.74%	1.1%	0.74%
HES	D	0.05%	0.11%	0.05%
HIG	C	0.15%	0.1%	0.1%
HLT	B	0.03%	0.17%	0.03%
HPE	B	0.18%	0.07%	0.07%
HSY	F	0.05%	0.07%	0.05%
HUBB	B	0.03%	0.07%	0.03%
HUM	F	0.13%	0.09%	0.09%
IBM	C	0.56%	0.59%	0.56%
ICE	C	0.13%	0.26%	0.13%
IDXX	F	0.01%	0.11%	0.01%
IEX	A	0.02%	0.04%	0.02%
ILMN	B	0.02%	0.06%	0.02%
INCY	A	0.02%	0.03%	0.02%
INTC	D	0.41%	0.26%	0.26%
INTU	D	0.08%	0.47%	0.08%
IQV	F	0.06%	0.11%	0.06%
IT	C	0.02%	0.11%	0.02%
ITW	A	0.12%	0.21%	0.12%
JBHT	A	0.03%	0.04%	0.03%
JCI	B	0.17%	0.14%	0.14%
JKHY	B	0.02%	0.04%	0.02%
JNJ	D	1.01%	1.09%	1.01%
JPM	A	2.1%	1.78%	1.78%
K	A	0.08%	0.06%	0.06%
KDP	F	0.1%	0.11%	0.1%
KIM	B	0.05%	0.04%	0.04%
KMB	D	0.14%	0.13%	0.13%
KMI	A	0.29%	0.14%	0.14%
KO	D	0.51%	0.79%	0.51%
LH	A	0.06%	0.05%	0.05%
LII	B	0.02%	0.05%	0.02%
LIN	C	0.3%	0.64%	0.3%
LLY	D	0.25%	2.03%	0.25%
LNT	B	0.06%	0.04%	0.04%
LULU	C	0.02%	0.1%	0.02%
LVS	B	0.04%	0.05%	0.04%
MA	B	0.17%	1.18%	0.17%
MAR	A	0.05%	0.18%	0.05%
MCD	C	0.29%	0.63%	0.29%
MCK	F	0.38%	0.18%	0.18%
MCO	D	0.06%	0.21%	0.06%
MDLZ	D	0.2%	0.27%	0.2%
MELI	C	0.02%	0.26%	0.02%
META	B	0.96%	3.53%	0.96%
MGM	D	0.04%	0.03%	0.03%
MKC	D	0.05%	0.05%	0.05%
MLM	A	0.04%	0.1%	0.04%
MMC	D	0.14%	0.3%	0.14%
MMM	D	0.41%	0.2%	0.2%
MNST	C	0.03%	0.11%	0.03%
MRK	F	0.45%	0.75%	0.45%
MRO	B	0.07%	0.04%	0.04%
MS	B	0.53%	0.4%	0.4%
MSFT	D	1.9%	4.53%	1.9%
MTCH	C	0.01%	0.03%	0.01%
MTD	F	0.02%	0.08%	0.02%
NDAQ	B	0.03%	0.09%	0.03%
NEE	D	0.43%	0.48%	0.43%
NEM	D	0.2%	0.19%	0.19%
NFLX	A	0.19%	0.91%	0.19%
NKE	F	0.13%	0.27%	0.13%
NOW	B	0.03%	0.52%	0.03%
NSC	B	0.13%	0.16%	0.13%
NTRS	A	0.1%	0.05%	0.05%
NUE	F	0.11%	0.1%	0.1%
NVDA	B	0.26%	6.73%	0.26%
O	C	0.11%	0.15%	0.11%
OC	B	0.05%	0.04%	0.04%
ODFL	A	0.02%	0.11%	0.02%
OKE	A	0.17%	0.16%	0.16%
OKTA	F	0.01%	0.03%	0.01%
ORCL	B	0.31%	0.8%	0.31%
OXY	F	0.13%	0.1%	0.1%
PAYX	B	0.07%	0.13%	0.07%
PCAR	C	0.13%	0.15%	0.13%
PEG	B	0.16%	0.12%	0.12%
PEP	D	0.51%	0.66%	0.51%
PFE	D	0.87%	0.45%	0.45%
PG	D	0.74%	1.11%	0.74%
PGR	D	0.24%	0.4%	0.24%
PLD	F	0.16%	0.3%	0.16%
PNR	A	0.03%	0.04%	0.03%
PPG	F	0.07%	0.08%	0.07%
PTC	A	0.01%	0.06%	0.01%
PWR	B	0.06%	0.13%	0.06%
PYPL	B	0.2%	0.22%	0.2%
QCOM	D	0.32%	0.53%	0.32%
REG	C	0.04%	0.04%	0.04%
REGN	F	0.12%	0.29%	0.12%
ROK	C	0.05%	0.09%	0.05%
ROP	D	0.06%	0.16%	0.06%
RPM	B	0.03%	0.05%	0.03%
RSG	D	0.06%	0.12%	0.06%
RVTY	C	0.03%	0.04%	0.03%
SBUX	A	0.18%	0.3%	0.18%
SCHW	B	0.17%	0.3%	0.17%
SHW	D	0.09%	0.24%	0.09%
SLB	F	0.13%	0.17%	0.13%
SNOW	C	0.01%	0.1%	0.01%
SNPS	B	0.03%	0.21%	0.03%
SO	B	0.4%	0.28%	0.28%
SPG	B	0.12%	0.16%	0.12%
SPGI	D	0.17%	0.45%	0.17%
SQ	B	0.06%	0.11%	0.06%
SRE	B	0.19%	0.15%	0.15%
STLD	B	0.07%	0.05%	0.05%
STT	A	0.16%	0.07%	0.07%
STZ	F	0.07%	0.11%	0.07%
T	A	1.2%	0.43%	0.43%
TAP	D	0.05%	0.03%	0.03%
TFX	F	0.02%	0.03%	0.02%
TGT	F	0.29%	0.19%	0.19%
TMO	F	0.23%	0.62%	0.23%
TMUS	B	0.33%	0.32%	0.32%
TRMB	B	0.02%	0.04%	0.02%
TROW	C	0.09%	0.07%	0.07%
TRU	C	0.03%	0.06%	0.03%
TRV	B	0.25%	0.16%	0.16%
TSLA	A	0.31%	1.73%	0.31%
TT	C	0.1%	0.25%	0.1%
TWLO	A	0.03%	0.03%	0.03%
TXN	B	0.35%	0.49%	0.35%
UBER	C	0.05%	0.42%	0.05%
ULTA	F	0.02%	0.05%	0.02%
UNH	D	1.03%	1.45%	1.03%
UNP	D	0.25%	0.41%	0.25%
UPS	C	0.34%	0.27%	0.27%
USB	B	0.37%	0.21%	0.21%
V	A	0.24%	1.24%	0.24%
VICI	D	0.08%	0.09%	0.08%
VRSK	B	0.03%	0.11%	0.03%
VRTX	A	0.08%	0.34%	0.08%
VZ	D	1.25%	0.48%	0.48%
WAB	A	0.06%	0.09%	0.06%
WAT	D	0.02%	0.06%	0.02%
WDAY	F	0.01%	0.14%	0.01%
WELL	A	0.16%	0.22%	0.16%
WFC	A	1.19%	0.62%	0.62%
WM	A	0.12%	0.23%	0.12%
WMT	A	1.17%	1.0%	1.0%
WRB	C	0.04%	0.05%	0.04%
WSM	F	0.04%	0.05%	0.04%
WST	B	0.01%	0.06%	0.01%
WTRG	C	0.03%	0.03%	0.03%
WTW	A	0.07%	0.08%	0.07%
WY	F	0.09%	0.06%	0.06%
WYNN	B	0.02%	0.03%	0.02%
XEL	A	0.14%	0.1%	0.1%
XOM	C	2.27%	1.5%	1.5%
XYL	F	0.03%	0.09%	0.03%
YUM	D	0.05%	0.1%	0.05%
ZBH	D	0.05%	0.06%	0.05%
ZTS	D	0.06%	0.24%	0.06%

PRF Overweight 707 Positions Relative to USCL

Symbol	Grade	Weight
BRK.A	D	2.35%
C	A	1.08%
PM	A	0.7%
COST	D	0.56%
RTX	C	0.51%
MO	A	0.48%
LMT	D	0.37%
CI	F	0.37%
MDT	B	0.37%
LOW	B	0.35%
COF	A	0.35%
PNC	A	0.34%
MU	C	0.34%
TFC	B	0.34%
VLO	F	0.32%
KR	B	0.31%
MPC	F	0.31%
MET	C	0.3%
ELV	F	0.3%
PSX	F	0.29%
HON	C	0.27%
CAH	D	0.27%
COR	D	0.25%
PRU	B	0.24%
WMB	A	0.23%
ADM	F	0.23%
CNC	F	0.23%
GE	C	0.23%
AFL	C	0.21%
DOW	F	0.21%
SYF	B	0.2%
ALL	C	0.2%
GD	C	0.19%
HPQ	C	0.19%
NOC	D	0.18%
TJX	D	0.18%
HCA	D	0.18%
APD	B	0.17%
KHC	D	0.16%
EIX	D	0.15%
MTB	B	0.15%
LYB	F	0.15%
IP	A	0.14%
FITB	B	0.14%
BDX	D	0.14%
DHI	D	0.14%
VST	B	0.14%
SYY	D	0.14%
PPL	A	0.14%
BBY	D	0.14%
CFG	A	0.14%
TSN	D	0.14%
ETR	A	0.14%
GLW	A	0.13%
WBD	C	0.13%
LEN	D	0.13%
BA	F	0.13%
THC	C	0.12%
SYK	C	0.12%
VTR	A	0.12%
LHX	A	0.12%
ZIM	A	0.12%
WBA	C	0.12%
KKR	B	0.12%
AMAT	F	0.12%
BG	F	0.11%
NRG	A	0.11%
HBAN	A	0.11%
URI	B	0.11%
PFG	C	0.11%
DTE	C	0.11%
WDC	D	0.11%
CARR	D	0.11%
PARA	C	0.11%
FE	D	0.11%
RF	A	0.11%
PCG	B	0.11%
WEC	B	0.11%
GEV	A	0.1%
PH	A	0.1%
DVN	F	0.1%
KEY	B	0.1%
VTRS	C	0.09%
LUMN	B	0.09%
AER	C	0.09%
AMP	B	0.09%
IFF	D	0.09%
TRGP	A	0.09%
JXN	A	0.09%
IRM	B	0.09%
AEE	B	0.09%
ARW	D	0.09%
ACI	F	0.08%
EVRG	C	0.08%
PSA	D	0.08%
ISRG	B	0.08%
KMX	F	0.08%
ALLY	D	0.08%
MKL	C	0.08%
LRCX	F	0.08%
CMS	C	0.08%
AA	B	0.08%
PHM	D	0.08%
APH	B	0.08%
OMC	B	0.08%
USFD	A	0.08%
GEHC	D	0.08%
SWK	D	0.08%
NXPI	D	0.08%
AES	F	0.07%
FYBR	B	0.07%
FNF	B	0.07%
EMN	C	0.07%
JLL	A	0.07%
MSI	C	0.07%
DGX	A	0.07%
CTRA	B	0.07%
AZO	C	0.07%
FLEX	B	0.07%
TDG	C	0.07%
STX	C	0.07%
CNP	B	0.07%
UNM	A	0.07%
CINF	B	0.07%
PFGC	B	0.07%
CAG	D	0.07%
CHRW	C	0.07%
UHS	D	0.06%
ORI	C	0.06%
R	A	0.06%
MRNA	F	0.06%
VFC	A	0.06%
IVZ	B	0.06%
FAST	A	0.06%
BLDR	F	0.06%
CNH	A	0.06%
MCHP	F	0.06%
NTAP	D	0.06%
CF	D	0.06%
RGA	D	0.06%
BAX	F	0.06%
SOLV	B	0.06%
DG	F	0.06%
PNW	D	0.06%
OTIS	C	0.06%
PKG	A	0.06%
MOS	B	0.06%
MRVL	B	0.06%
EQT	B	0.06%
LNG	A	0.06%
WHR	B	0.06%
ROST	F	0.06%
LDOS	A	0.06%
ORLY	C	0.06%
MHK	D	0.06%
CRBG	A	0.06%
L	C	0.06%
RJF	A	0.06%
VNO	B	0.06%
NI	A	0.06%
HAL	F	0.06%
JEF	B	0.06%
LNC	A	0.06%
CCL	A	0.06%
DRI	C	0.05%
OMF	A	0.05%
IPG	F	0.05%
TSCO	D	0.05%
RS	C	0.05%
FHN	A	0.05%
KD	D	0.05%
INVH	F	0.05%
CDW	F	0.05%
ESS	D	0.05%
WCC	A	0.05%
UGI	C	0.05%
FOXA	A	0.05%
NVR	D	0.05%
BJ	B	0.05%
MAA	D	0.05%
SJM	F	0.05%
EG	F	0.05%
AN	F	0.05%
BWA	C	0.05%
TOL	C	0.05%
BAP	B	0.05%
TDS	A	0.05%
APTV	F	0.05%
GPC	F	0.05%
UAL	A	0.05%
AFG	D	0.05%
M	C	0.05%
GWW	A	0.05%
MPW	D	0.05%
MOH	D	0.05%
CMA	A	0.05%
JBL	B	0.05%
X	C	0.05%
LAD	A	0.05%
KLAC	F	0.05%
EQH	A	0.05%
CZR	C	0.04%
DKS	F	0.04%
HRL	F	0.04%
EXPE	B	0.04%
INGR	C	0.04%
HSIC	D	0.04%
RMD	B	0.04%
CACI	A	0.04%
AVT	B	0.04%
CPT	D	0.04%
FMC	B	0.04%
OGN	D	0.04%
DINO	F	0.04%
AVTR	F	0.04%
CE	F	0.04%
HST	D	0.04%
SSNC	D	0.04%
GPI	C	0.04%
UDR	D	0.04%
PBF	F	0.04%
TMHC	B	0.04%
AIZ	D	0.04%
TTWO	A	0.04%
BFH	D	0.04%
DAL	A	0.04%
OVV	F	0.04%
HOLX	C	0.04%
WPC	F	0.04%
EXR	D	0.04%
CASY	A	0.04%
EME	A	0.04%
J	D	0.04%
LEA	F	0.04%
STWD	C	0.04%
TDY	B	0.04%
EA	A	0.04%
SWKS	F	0.04%
SUI	D	0.04%
FAF	D	0.04%
AR	F	0.04%
LKQ	F	0.04%
MTZ	B	0.04%
DLTR	F	0.04%
ON	D	0.04%
EWBC	A	0.04%
VMC	A	0.04%
OGE	C	0.04%
HBI	B	0.04%
SNA	A	0.04%
HWM	B	0.04%
ZION	A	0.04%
KSS	F	0.04%
SNX	C	0.04%
TXT	F	0.04%
SFM	A	0.04%
SLG	B	0.04%
DXC	F	0.04%
HAS	D	0.04%
CCEP	D	0.04%
APA	F	0.04%
RCL	A	0.04%
BERY	A	0.04%
FOX	A	0.03%
GNRC	B	0.03%
POR	C	0.03%
BHF	B	0.03%
HRB	D	0.03%
CNO	C	0.03%
NFG	B	0.03%
RIG	D	0.03%
ALV	F	0.03%
OSK	D	0.03%
QRVO	F	0.03%
FRT	D	0.03%
SANM	A	0.03%
BRO	B	0.03%
VLY	A	0.03%
CUZ	B	0.03%
HIW	B	0.03%
NXST	A	0.03%
GAP	D	0.03%
FNB	A	0.03%
AL	C	0.03%
AGNC	D	0.03%
FBIN	C	0.03%
GL	C	0.03%
LPLA	A	0.03%
DOX	B	0.03%
NWSA	B	0.03%
MAN	F	0.03%
SPOT	A	0.03%
BECN	B	0.03%
PB	A	0.03%
BPOP	F	0.03%
COOP	D	0.03%
MDU	B	0.03%
OLN	F	0.03%
HUN	D	0.03%
THO	D	0.03%
KRC	B	0.03%
ICLR	F	0.03%
TPR	A	0.03%
FCNCA	C	0.03%
GXO	B	0.03%
WSO	D	0.03%
JHG	A	0.03%
CNX	B	0.03%
STE	D	0.03%
JWN	B	0.03%
AGCO	C	0.03%
RRX	B	0.03%
AXS	C	0.03%
CPNG	A	0.03%
WU	F	0.03%
HOOD	B	0.03%
BRX	C	0.03%
KEYS	C	0.03%
LAMR	B	0.03%
FLR	B	0.03%
PENN	A	0.03%
KNX	C	0.03%
BURL	D	0.03%
WAL	D	0.03%
CLF	C	0.03%
MUSA	C	0.03%
DTM	A	0.03%
GLPI	D	0.03%
HII	F	0.03%
WBS	B	0.03%
ARMK	B	0.03%
SF	A	0.03%
OHI	A	0.03%
MTH	D	0.03%
IR	B	0.03%
NWL	A	0.03%
COHR	B	0.03%
GPK	C	0.03%
VOYA	B	0.03%
CPAY	B	0.03%
JNPR	A	0.03%
ABG	D	0.03%
GT	D	0.03%
BEN	B	0.03%
MAS	C	0.03%
ZBRA	A	0.03%
SNV	A	0.03%
ANET	B	0.03%
UTHR	A	0.03%
BCO	D	0.02%
HCC	A	0.02%
TXRH	A	0.02%
HUBG	D	0.02%
FULT	B	0.02%
CHRD	F	0.02%
AAL	A	0.02%
GATX	A	0.02%
APLE	B	0.02%
LEG	F	0.02%
GMS	C	0.02%
MKSI	F	0.02%
HLF	D	0.02%
ALGN	F	0.02%
AOS	F	0.02%
LITE	B	0.02%
HP	C	0.02%
ARES	A	0.02%
RH	B	0.02%
PCH	F	0.02%
SFNC	B	0.02%
ASGN	F	0.02%
SIG	C	0.02%
XRX	F	0.02%
REXR	F	0.02%
LW	B	0.02%
IAC	F	0.02%
RGLD	B	0.02%
BLD	F	0.02%
NDSN	D	0.02%
LSTR	D	0.02%
GRAB	A	0.02%
OUT	B	0.02%
RUN	D	0.02%
RIVN	F	0.02%
ABCB	B	0.02%
UMBF	A	0.02%
CDP	B	0.02%
LNW	F	0.02%
FHB	A	0.02%
HOMB	A	0.02%
OI	F	0.02%
NVST	A	0.02%
KRG	C	0.02%
LUV	A	0.02%
XPO	A	0.02%
NJR	C	0.02%
ADNT	F	0.02%
SLGN	A	0.02%
CC	F	0.02%
SEM	D	0.02%
EXEL	A	0.02%
PAG	F	0.02%
AVA	D	0.02%
GME	C	0.02%
PHIN	B	0.02%
DPZ	D	0.02%
PLXS	A	0.02%
BTU	A	0.02%
VMI	B	0.02%
FLO	F	0.02%
POOL	C	0.02%
ADC	C	0.02%
TKR	D	0.02%
EPR	D	0.02%
ALLE	C	0.02%
NAVI	F	0.02%
RL	B	0.02%
CR	A	0.02%
AGO	B	0.02%
ALE	A	0.02%
G	D	0.02%
DCI	B	0.02%
AYI	B	0.02%
UNFI	B	0.02%
RPRX	F	0.02%
ITT	C	0.02%
HRI	A	0.02%
CBT	C	0.02%
GDDY	A	0.02%
NWE	D	0.02%
COLB	A	0.02%
AVNT	C	0.02%
TYL	A	0.02%
SRCL	A	0.02%
ESNT	D	0.02%
LYV	A	0.02%
JAZZ	D	0.02%
GEO	B	0.02%
TRN	B	0.02%
AGR	C	0.02%
VRT	B	0.02%
BKU	D	0.02%
CW	B	0.02%
PII	F	0.02%
CPRI	F	0.02%
CBSH	A	0.02%
PRI	B	0.02%
PNM	B	0.02%
GBCI	A	0.02%
MIDD	D	0.02%
SMG	B	0.02%
UHAL	B	0.02%
KMPR	B	0.02%
TNL	A	0.02%
SR	D	0.02%
VSCO	A	0.02%
SOFI	A	0.02%
BC	D	0.02%
ST	F	0.02%
DY	C	0.02%
COIN	D	0.02%
SM	F	0.02%
TCBI	B	0.02%
NVT	A	0.02%
AAP	F	0.02%
NOV	F	0.02%
ASB	A	0.02%
MAT	A	0.02%
FLS	B	0.02%
SLVM	B	0.02%
HWC	A	0.02%
FFIV	A	0.02%
ELS	C	0.02%
ATR	A	0.02%
SLM	B	0.02%
FL	F	0.02%
MHO	D	0.02%
OGS	C	0.02%
HOG	F	0.02%
COLD	F	0.02%
PVH	C	0.02%
RHI	B	0.02%
IDA	A	0.02%
OZK	B	0.02%
KBR	B	0.02%
SEE	B	0.02%
PRGO	D	0.02%
WKC	D	0.02%
UBSI	A	0.02%
CHKP	C	0.02%
CADE	B	0.02%
KEX	C	0.02%
ONB	A	0.02%
MSCI	C	0.02%
CUBE	D	0.02%
TER	F	0.02%
THG	B	0.02%
CAR	C	0.02%
POST	D	0.02%
SAIC	B	0.02%
UFPI	C	0.02%
EVR	B	0.02%
MUR	F	0.02%
LPX	D	0.02%
MLI	A	0.02%
CIEN	B	0.02%
BCC	C	0.02%
TGNA	B	0.02%
EHC	A	0.02%
SCCO	B	0.02%
RDN	C	0.02%
FTI	B	0.02%
CWK	A	0.02%
ABM	B	0.02%
MTG	C	0.02%
BKH	C	0.02%
AMG	A	0.02%
SSB	B	0.02%
RNR	C	0.02%
ELAN	D	0.02%
BXMT	C	0.02%
CMC	B	0.02%
MAC	A	0.02%
NSIT	F	0.02%
SBAC	C	0.02%
VLTO	D	0.02%
BIO	A	0.02%
CSGP	F	0.02%
CFR	A	0.02%
ALSN	A	0.02%
WTFC	A	0.02%
DASH	A	0.02%
BBWI	F	0.02%
DEI	B	0.02%
TPH	D	0.02%
SBRA	A	0.02%
AXTA	A	0.02%
SKX	F	0.02%
KBH	D	0.02%
NNN	D	0.02%
GNW	C	0.02%
PK	F	0.02%
PNFP	A	0.02%
SCI	A	0.02%
AMH	F	0.02%
SWX	B	0.02%
ZM	A	0.02%
CLH	C	0.02%
SON	F	0.02%
LBRDK	A	0.02%
DAR	B	0.02%
NUS	F	0.01%
FIVE	C	0.01%
HELE	C	0.01%
ZG	D	0.01%
SMCI	F	0.01%
HEI	D	0.01%
LEN	D	0.01%
CNXC	F	0.01%
AMR	F	0.01%
ARCB	D	0.01%
OPEN	F	0.01%
DXCM	C	0.01%
XP	F	0.01%
STNE	F	0.01%
WSC	F	0.01%
UA	B	0.01%
UAA	B	0.01%
HEI	D	0.01%
CLVT	D	0.01%
GTN	C	0.01%
NWS	A	0.01%
VSAT	F	0.01%
AMN	F	0.01%
MLKN	F	0.01%
IGT	F	0.01%
ATKR	F	0.01%
LGIH	F	0.01%
RLJ	F	0.01%
JELD	F	0.01%
BGS	C	0.01%
BXC	A	0.01%
CBRL	C	0.01%
HTZ	F	0.01%
OPCH	F	0.01%
URBN	F	0.01%
ODP	C	0.01%
ENOV	D	0.01%
SAIA	A	0.01%
VSTS	F	0.01%
CABO	D	0.01%
DIOD	F	0.01%
NSP	F	0.01%
ARI	F	0.01%
EGP	D	0.01%
GTLS	D	0.01%
CSTM	F	0.01%
CRC	B	0.01%
SITE	F	0.01%
PINC	A	0.01%
HPP	F	0.01%
AXL	F	0.01%
CRI	F	0.01%
UVV	C	0.01%
TROX	F	0.01%
AMKR	F	0.01%
BYD	A	0.01%
DRH	D	0.01%
CGNX	B	0.01%
ACHC	F	0.01%
PDCO	F	0.01%
OMI	F	0.01%
EPAM	F	0.01%
KMT	D	0.01%
TPX	F	0.01%
APAM	B	0.01%
CXW	C	0.01%
ANDE	F	0.01%
LXP	D	0.01%
UCB	D	0.01%
PMT	D	0.01%
TEX	D	0.01%
EEFT	F	0.01%
VSH	F	0.01%
LECO	C	0.01%
ENTG	F	0.01%
WEX	F	0.01%
FUL	F	0.01%
PFSI	D	0.01%
CCS	F	0.01%
PPBI	B	0.01%
LFUS	D	0.01%
GEF	B	0.01%
SPB	D	0.01%
ARCH	B	0.01%
PECO	B	0.01%
SBH	B	0.01%
UNIT	C	0.01%
FND	F	0.01%
MTDR	D	0.01%
RYN	C	0.01%
AUB	C	0.01%
ALIT	F	0.01%
BMRN	F	0.01%
ASO	F	0.01%
ASH	F	0.01%
FR	D	0.01%
VNT	B	0.01%
W	F	0.01%
WH	A	0.01%
LCII	F	0.01%
RLI	B	0.01%
RRC	D	0.01%
VYX	F	0.01%
FFBC	A	0.01%
TTMI	A	0.01%
INDB	A	0.01%
ESI	A	0.01%
BOKF	B	0.01%
SIGI	D	0.01%
WERN	D	0.01%
AEO	F	0.01%
NOMD	D	0.01%
XRAY	F	0.01%
ENS	F	0.01%
ESAB	A	0.01%
FIBK	B	0.01%
SEIC	A	0.01%
CIVI	F	0.01%
FCN	F	0.01%
Z	D	0.01%
GHC	A	0.01%
GNTX	C	0.01%
THS	F	0.01%
DAN	F	0.01%
MC	C	0.01%
AM	C	0.01%
ABR	B	0.01%
AIT	A	0.01%
MSM	F	0.01%
CATY	A	0.01%
WWD	D	0.01%
JBGS	C	0.01%
MTN	F	0.01%
VEEV	C	0.01%
DK	F	0.01%
APG	C	0.01%
VAC	C	0.01%
ATI	F	0.01%
IRT	D	0.01%
TTC	F	0.01%
RUSHA	A	0.01%
WLK	F	0.01%
BWXT	B	0.01%
CNM	D	0.01%
KNF	A	0.01%
REZI	D	0.01%
MMS	D	0.01%
BDN	C	0.01%
STAG	D	0.01%
HE	D	0.01%
RXO	B	0.01%
ESGR	B	0.01%
UHAL	B	0.0%
SEDG	F	0.0%
LBRDA	A	0.0%
PARR	F	0.0%

PRF Underweight 21 Positions Relative to USCL

Symbol	Grade	Weight
BLK	B	-0.41%
PANW	B	-0.34%
PLTR	B	-0.24%
CRWD	C	-0.2%
CRH	A	-0.17%
WCN	D	-0.13%
TEAM	B	-0.09%
DELL	A	-0.09%
HUBS	B	-0.07%
NET	B	-0.07%
FWONK	B	-0.05%
ZS	C	-0.05%
MANH	C	-0.05%
PINS	C	-0.05%
TW	B	-0.04%
DAY	A	-0.03%
SNAP	B	-0.03%
AZPN	B	-0.02%
H	D	-0.02%
BSY	F	-0.02%
PAYC	A	-0.02%