PRF vs. VFVA ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Vanguard Wellington Fund ETF (VFVA)

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

538,335

Number of Holdings ^*

981

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$112.17

Average Daily Volume

11,690

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

Performance

Period	PRF	VFVA
30 Days	-1.56%	-4.76%
60 Days	3.52%	-0.28%
90 Days	0.40%	-3.46%
12 Months	18.59%	15.48%

343 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in VFVA	Overlap
AAL	F	0.01%	0.17%	0.01%
AAP	D	0.04%	0.18%	0.04%
ABCB	C	0.01%	0.13%	0.01%
ABG	B	0.04%	0.16%	0.04%
ACGL	B	0.08%	0.18%	0.08%
ADM	F	0.27%	0.75%	0.27%
ADNT	F	0.02%	0.18%	0.02%
AFL	A	0.18%	0.09%	0.09%
AGCO	F	0.03%	0.12%	0.03%
AIG	D	0.34%	0.59%	0.34%
AL	C	0.03%	0.55%	0.03%
ALIT	F	0.01%	0.08%	0.01%
ALL	D	0.19%	0.2%	0.19%
ALLY	B	0.09%	0.32%	0.09%
ALSN	C	0.02%	0.15%	0.02%
AMG	D	0.02%	0.21%	0.02%
AMKR	A	0.01%	0.11%	0.01%
AMN	F	0.01%	0.02%	0.01%
AMR	F	0.01%	0.08%	0.01%
AN	B	0.06%	0.17%	0.06%
ANDE	D	0.01%	0.12%	0.01%
APA	F	0.06%	0.06%	0.06%
AR	C	0.06%	0.09%	0.06%
ARCB	F	0.01%	0.06%	0.01%
ARCH	D	0.02%	0.14%	0.02%
ARW	C	0.1%	0.03%	0.03%
ASB	C	0.02%	0.14%	0.02%
ASGN	D	0.02%	0.07%	0.02%
ASO	D	0.01%	0.19%	0.01%
ATKR	F	0.02%	0.13%	0.02%
AUB	D	0.01%	0.13%	0.01%
AXL	F	0.01%	0.13%	0.01%
AXS	B	0.03%	0.23%	0.03%
AZO	C	0.07%	0.29%	0.07%
BAC	A	1.3%	0.8%	0.8%
BBWI	D	0.04%	0.25%	0.04%
BC	F	0.02%	0.09%	0.02%
BCC	D	0.02%	0.03%	0.02%
BEN	F	0.04%	0.08%	0.04%
BERY	B	0.04%	0.37%	0.04%
BG	D	0.13%	0.23%	0.13%
BGS	F	0.01%	0.21%	0.01%
BHF	F	0.02%	0.27%	0.02%
BK	B	0.23%	0.43%	0.23%
BKU	C	0.02%	0.15%	0.02%
BLDR	D	0.05%	0.09%	0.05%
BMY	F	0.33%	0.72%	0.33%
BOKF	C	0.01%	0.08%	0.01%
BPOP	D	0.03%	0.06%	0.03%
BWA	F	0.06%	0.16%	0.06%
BXC	D	0.01%	0.21%	0.01%
BYD	D	0.01%	0.09%	0.01%
C	C	1.13%	0.8%	0.8%
CABO	F	0.01%	0.15%	0.01%
CADE	D	0.02%	0.16%	0.02%
CAG	D	0.08%	0.28%	0.08%
CAH	C	0.26%	0.37%	0.26%
CATY	C	0.01%	0.09%	0.01%
CB	B	0.31%	0.48%	0.31%
CC	F	0.02%	0.04%	0.02%
CCS	D	0.01%	0.23%	0.01%
CE	D	0.05%	0.4%	0.05%
CF	D	0.06%	0.12%	0.06%
CFG	C	0.13%	0.17%	0.13%
CFR	D	0.02%	0.03%	0.02%
CG	D	0.03%	0.05%	0.03%
CHRD	D	0.02%	0.26%	0.02%
CHTR	C	0.19%	0.49%	0.19%
CI	D	0.42%	0.73%	0.42%
CLF	F	0.04%	0.38%	0.04%
CMA	D	0.04%	0.15%	0.04%
CMC	D	0.02%	0.16%	0.02%
CMCSA	F	0.77%	0.56%	0.56%
CNC	D	0.28%	0.47%	0.28%
CNO	B	0.02%	0.03%	0.02%
CNXC	D	0.01%	0.27%	0.01%
COF	C	0.35%	0.71%	0.35%
COHR	B	0.02%	0.12%	0.02%
COLB	F	0.01%	0.27%	0.01%
COOP	B	0.03%	0.12%	0.03%
COP	D	0.46%	0.58%	0.46%
CRBG	B	0.06%	0.23%	0.06%
CRC	D	0.01%	0.16%	0.01%
CSCO	F	0.55%	0.14%	0.14%
CTRA	D	0.09%	0.24%	0.09%
CTSH	D	0.09%	0.04%	0.04%
CVS	D	0.64%	0.71%	0.64%
CVX	D	1.24%	0.75%	0.75%
CWK	B	0.02%	0.07%	0.02%
CXW	F	0.01%	0.09%	0.01%
CZR	C	0.03%	0.11%	0.03%
DAL	D	0.04%	0.21%	0.04%
DAN	D	0.02%	0.16%	0.02%
DAR	F	0.03%	0.13%	0.03%
DE	D	0.23%	0.06%	0.06%
DGX	C	0.07%	0.04%	0.04%
DHI	D	0.11%	0.29%	0.11%
DINO	D	0.05%	0.27%	0.05%
DK	F	0.02%	0.06%	0.02%
DOW	D	0.25%	0.38%	0.25%
DTM	A	0.03%	0.14%	0.03%
DVN	D	0.13%	0.04%	0.04%
DXC	D	0.04%	0.35%	0.04%
EBAY	A	0.09%	0.04%	0.04%
EG	B	0.05%	0.12%	0.05%
ELAN	B	0.04%	0.16%	0.04%
ELV	C	0.41%	0.36%	0.36%
EMN	B	0.07%	0.09%	0.07%
ENS	B	0.02%	0.03%	0.02%
EOG	D	0.27%	0.63%	0.27%
EQH	B	0.05%	0.07%	0.05%
EQT	D	0.04%	0.11%	0.04%
ESGR	A	0.01%	0.23%	0.01%
ESI	A	0.01%	0.03%	0.01%
ESNT	B	0.02%	0.45%	0.02%
EWBC	C	0.03%	0.09%	0.03%
F	D	0.48%	0.84%	0.48%
FAF	D	0.04%	0.08%	0.04%
FANG	D	0.09%	0.38%	0.09%
FCNCA	D	0.03%	0.12%	0.03%
FCX	D	0.18%	0.41%	0.18%
FDX	D	0.29%	0.78%	0.29%
FFBC	D	0.01%	0.2%	0.01%
FHN	D	0.04%	0.17%	0.04%
FIBK	C	0.01%	0.07%	0.01%
FIS	A	0.14%	0.3%	0.14%
FNB	D	0.03%	0.21%	0.03%
FNF	C	0.06%	0.13%	0.06%
FOX	B	0.02%	0.33%	0.02%
FOXA	B	0.04%	0.18%	0.04%
FULT	C	0.01%	0.13%	0.01%
GATX	B	0.02%	0.05%	0.02%
GD	A	0.2%	0.26%	0.2%
GEF	D	0.01%	0.06%	0.01%
GHC	C	0.01%	0.05%	0.01%
GILD	F	0.29%	0.43%	0.29%
GIS	C	0.15%	0.21%	0.15%
GL	C	0.02%	0.09%	0.02%
GM	B	0.72%	1.04%	0.72%
GNW	D	0.02%	0.12%	0.02%
GOOG	B	0.97%	0.06%	0.06%
GPI	B	0.04%	0.03%	0.03%
GPK	C	0.03%	0.06%	0.03%
GPN	F	0.06%	0.18%	0.06%
GS	B	0.66%	0.41%	0.41%
GT	F	0.05%	0.23%	0.05%
GTN	F	0.01%	0.2%	0.01%
HBAN	D	0.09%	0.07%	0.07%
HBI	C	0.03%	0.12%	0.03%
HCA	A	0.17%	0.69%	0.17%
HCC	C	0.02%	0.1%	0.02%
HIG	A	0.13%	0.08%	0.08%
HII	D	0.03%	0.12%	0.03%
HOG	D	0.02%	0.21%	0.02%
HOMB	C	0.02%	0.02%	0.02%
HP	F	0.02%	0.08%	0.02%
HPE	B	0.2%	0.22%	0.2%
HPQ	B	0.21%	0.42%	0.21%
HRB	A	0.02%	0.15%	0.02%
HRI	D	0.01%	0.13%	0.01%
HUBG	B	0.02%	0.04%	0.02%
HUM	C	0.19%	0.24%	0.19%
HWC	D	0.02%	0.19%	0.02%
IBM	C	0.47%	0.17%	0.17%
INDB	F	0.01%	0.06%	0.01%
INGR	C	0.03%	0.16%	0.03%
INTC	F	0.61%	0.09%	0.09%
IP	A	0.13%	0.02%	0.02%
IVZ	D	0.05%	0.19%	0.05%
JAZZ	C	0.02%	0.18%	0.02%
JEF	B	0.05%	0.2%	0.05%
JELD	F	0.01%	0.1%	0.01%
JHG	B	0.03%	0.07%	0.03%
JLL	A	0.05%	0.12%	0.05%
JPM	B	2.0%	0.61%	0.61%
JXN	C	0.07%	0.1%	0.07%
KBH	B	0.02%	0.15%	0.02%
KEY	D	0.09%	0.2%	0.09%
KHC	D	0.16%	0.23%	0.16%
KMI	B	0.25%	0.1%	0.1%
KNX	F	0.03%	0.21%	0.03%
KR	C	0.3%	0.24%	0.24%
LEA	F	0.05%	0.15%	0.05%
LEN	D	0.01%	0.3%	0.01%
LEN	D	0.01%	0.22%	0.01%
LEN	D	0.12%	0.22%	0.12%
LEN	D	0.12%	0.3%	0.12%
LHX	B	0.11%	0.21%	0.11%
LKQ	F	0.05%	0.04%	0.04%
LNC	B	0.07%	0.35%	0.07%
LNG	C	0.06%	0.09%	0.06%
LUV	B	0.02%	0.13%	0.02%
LYB	C	0.18%	0.34%	0.18%
M	D	0.07%	0.2%	0.07%
MAN	D	0.03%	0.21%	0.03%
MCK	A	0.48%	0.42%	0.42%
MDT	D	0.37%	0.1%	0.1%
MDU	C	0.03%	0.18%	0.03%
MET	C	0.27%	0.5%	0.27%
MHK	D	0.05%	0.44%	0.05%
MHO	C	0.02%	0.17%	0.02%
MKL	B	0.09%	0.04%	0.04%
MLI	D	0.02%	0.17%	0.02%
MLKN	D	0.01%	0.08%	0.01%
MMM	B	0.35%	0.06%	0.06%
MO	B	0.47%	0.9%	0.47%
MOS	F	0.07%	0.24%	0.07%
MPC	D	0.38%	0.87%	0.38%
MRO	C	0.08%	0.27%	0.08%
MS	B	0.46%	0.32%	0.32%
MTB	C	0.12%	0.16%	0.12%
MTDR	D	0.02%	0.19%	0.02%
MTG	B	0.02%	0.3%	0.02%
MTH	D	0.03%	0.22%	0.03%
MUR	D	0.03%	0.27%	0.03%
NAVI	F	0.02%	0.09%	0.02%
NUE	D	0.14%	0.56%	0.14%
NUS	F	0.01%	0.13%	0.01%
NVST	F	0.02%	0.2%	0.02%
NWL	F	0.04%	0.25%	0.04%
NWSA	B	0.03%	0.16%	0.03%
NXST	D	0.03%	0.13%	0.03%
NYCB	F	0.03%	0.05%	0.03%
OC	B	0.05%	0.1%	0.05%
ODP	D	0.01%	0.12%	0.01%
OGN	C	0.05%	0.29%	0.05%
OI	F	0.02%	0.2%	0.02%
OLN	D	0.03%	0.18%	0.03%
OMF	C	0.05%	0.14%	0.05%
OMI	D	0.01%	0.17%	0.01%
ONB	C	0.02%	0.27%	0.02%
ORI	D	0.05%	0.12%	0.05%
OVV	D	0.05%	0.21%	0.05%
OXY	D	0.17%	0.53%	0.17%
OZK	D	0.02%	0.14%	0.02%
PARR	F	0.01%	0.11%	0.01%
PB	D	0.02%	0.18%	0.02%
PBF	F	0.06%	0.45%	0.06%
PCAR	C	0.15%	0.09%	0.09%
PENN	C	0.03%	0.07%	0.03%
PFE	C	0.91%	0.51%	0.51%
PFG	C	0.1%	0.06%	0.06%
PFSI	B	0.01%	0.05%	0.01%
PHM	D	0.07%	0.35%	0.07%
PM	B	0.59%	0.11%	0.11%
PNC	C	0.3%	0.28%	0.28%
PNFP	D	0.02%	0.11%	0.02%
PPBI	F	0.01%	0.11%	0.01%
PRGO	F	0.02%	0.24%	0.02%
PRU	B	0.24%	0.43%	0.24%
PSX	D	0.34%	0.96%	0.34%
PVH	C	0.03%	0.23%	0.03%
PYPL	D	0.18%	0.22%	0.18%
QCOM	A	0.43%	0.38%	0.38%
QRVO	B	0.03%	0.14%	0.03%
R	D	0.05%	0.4%	0.05%
RDN	C	0.02%	0.29%	0.02%
REZI	D	0.02%	0.17%	0.02%
RF	C	0.09%	0.11%	0.09%
RGA	B	0.06%	0.04%	0.04%
RJF	C	0.05%	0.09%	0.05%
RNR	B	0.02%	0.14%	0.02%
RPRX	F	0.02%	0.21%	0.02%
RRC	D	0.02%	0.06%	0.02%
RRX	D	0.03%	0.14%	0.03%
RS	D	0.05%	0.03%	0.03%
RTX	B	0.47%	0.12%	0.12%
RUSHA	D	0.01%	0.07%	0.01%
SAIC	D	0.02%	0.1%	0.02%
SANM	B	0.03%	0.07%	0.03%
SBH	D	0.01%	0.16%	0.01%
SCHW	D	0.19%	0.12%	0.12%
SF	C	0.03%	0.12%	0.03%
SFNC	D	0.01%	0.04%	0.01%
SIGI	F	0.01%	0.04%	0.01%
SJM	C	0.05%	0.15%	0.05%
SLB	F	0.15%	0.23%	0.15%
SLM	D	0.02%	0.04%	0.02%
SLVM	B	0.02%	0.16%	0.02%
SM	C	0.02%	0.3%	0.02%
SNV	C	0.03%	0.23%	0.03%
SNX	A	0.05%	0.18%	0.05%
SON	C	0.03%	0.12%	0.03%
SSB	D	0.02%	0.11%	0.02%
SSNC	C	0.03%	0.07%	0.03%
ST	C	0.02%	0.17%	0.02%
STLD	C	0.07%	0.18%	0.07%
STNE	F	0.01%	0.03%	0.01%
STT	D	0.14%	0.02%	0.02%
SWKS	B	0.04%	0.13%	0.04%
SYF	C	0.17%	0.35%	0.17%
T	B	1.04%	0.96%	0.96%
TAP	F	0.05%	0.38%	0.05%
TDS	C	0.04%	0.15%	0.04%
TEX	D	0.01%	0.14%	0.01%
TFC	C	0.31%	0.43%	0.31%
TGNA	F	0.02%	0.2%	0.02%
TGT	D	0.31%	0.14%	0.14%
THG	D	0.02%	0.04%	0.02%
TKR	D	0.02%	0.1%	0.02%
TMHC	D	0.03%	0.32%	0.03%
TMUS	B	0.27%	0.26%	0.26%
TNL	C	0.02%	0.24%	0.02%
TOL	D	0.04%	0.19%	0.04%
TPH	D	0.02%	0.23%	0.02%
TPR	C	0.03%	0.04%	0.03%
TROX	B	0.02%	0.25%	0.02%
TRV	D	0.22%	0.51%	0.22%
TSN	D	0.15%	0.17%	0.15%
TTMI	A	0.01%	0.24%	0.01%
TXT	C	0.05%	0.1%	0.05%
UA	C	0.01%	0.11%	0.01%
UAL	C	0.04%	0.27%	0.04%
UBSI	D	0.02%	0.08%	0.02%
UCBI	D	0.01%	0.02%	0.01%
UFPI	D	0.02%	0.11%	0.02%
UHAL	D	0.02%	0.22%	0.02%
UHAL	D	0.0%	0.22%	0.0%
UHS	A	0.05%	0.17%	0.05%
UNFI	C	0.01%	0.08%	0.01%
UNM	D	0.06%	0.39%	0.06%
USB	C	0.32%	0.62%	0.32%
UTHR	A	0.03%	0.16%	0.03%
UVV	F	0.01%	0.04%	0.01%
VAC	F	0.02%	0.12%	0.02%
VFC	C	0.05%	0.07%	0.05%
VLO	D	0.41%	0.9%	0.41%
VLY	D	0.02%	0.21%	0.02%
VSH	D	0.01%	0.08%	0.01%
VTRS	F	0.08%	0.25%	0.08%
VZ	B	1.29%	0.97%	0.97%
WAL	C	0.02%	0.15%	0.02%
WBA	D	0.23%	0.23%	0.23%
WBD	F	0.15%	0.04%	0.04%
WBS	D	0.03%	0.28%	0.03%
WCC	C	0.05%	0.16%	0.05%
WERN	D	0.01%	0.04%	0.01%
WFC	C	1.13%	0.75%	0.75%
WMB	A	0.19%	0.32%	0.19%
XOM	D	2.31%	0.66%	0.66%
XRAY	F	0.02%	0.08%	0.02%
XRX	F	0.02%	0.1%	0.02%
ZION	C	0.04%	0.16%	0.04%

PRF Overweight 640 Positions Relative to VFVA

Symbol	Grade	Weight
BRK.A	C	2.27%
AAPL	B	2.14%
MSFT	A	2.05%
AMZN	C	1.69%
GOOGL	B	1.13%
WMT	A	1.01%
JNJ	F	0.98%
UNH	D	0.97%
META	B	0.92%
PG	A	0.78%
HD	B	0.66%
ABBV	B	0.63%
MRK	B	0.6%
COST	A	0.57%
PEP	D	0.53%
KO	B	0.52%
AVGO	B	0.47%
MU	B	0.46%
DIS	C	0.44%
NEE	C	0.43%
DUK	B	0.41%
UPS	F	0.37%
TXN	B	0.36%
AMGN	B	0.36%
SO	B	0.36%
LMT	C	0.33%
CAT	D	0.32%
ABT	D	0.32%
HON	A	0.3%
LOW	C	0.3%
LIN	B	0.29%
MCD	F	0.27%
BLK	B	0.27%
UNP	D	0.27%
LLY	A	0.26%
AXP	C	0.26%
TMO	C	0.26%
D	C	0.26%
V	D	0.25%
ORCL	A	0.24%
NVDA	A	0.24%
GE	C	0.23%
ACN	F	0.22%
PGR	C	0.22%
TSLA	C	0.22%
EXC	D	0.21%
MDLZ	D	0.21%
AEP	B	0.21%
CRM	F	0.2%
ADI	B	0.2%
TJX	A	0.19%
DHR	B	0.19%
AMD	C	0.19%
NFLX	A	0.18%
DD	B	0.18%
SRE	B	0.18%
NEM	B	0.18%
ETN	C	0.18%
NOC	F	0.17%
AMT	C	0.17%
AMAT	A	0.17%
MA	C	0.17%
JCI	B	0.17%
NKE	C	0.17%
BA	D	0.17%
MRNA	C	0.17%
DFS	B	0.16%
SBUX	D	0.16%
ED	D	0.16%
APD	B	0.16%
PLD	C	0.16%
SPGI	B	0.16%
OKE	C	0.15%
BDX	D	0.15%
CL	A	0.15%
KMB	A	0.15%
EIX	C	0.14%
BIIB	C	0.14%
WELL	A	0.14%
WDC	A	0.14%
EMR	C	0.14%
CSX	D	0.14%
MMC	A	0.14%
REGN	A	0.14%
CME	D	0.14%
CEG	B	0.14%
BBY	A	0.14%
SYY	D	0.14%
PEG	B	0.14%
PARA	F	0.14%
CCI	D	0.13%
CMI	C	0.13%
WM	C	0.13%
ADP	C	0.13%
XEL	D	0.13%
PPL	B	0.13%
FITB	C	0.12%
DLR	A	0.12%
ITW	D	0.12%
ETR	D	0.12%
NSC	D	0.12%
SYK	B	0.12%
VST	C	0.11%
NXPI	B	0.11%
GLW	A	0.11%
FE	C	0.11%
ADBE	C	0.11%
PCG	B	0.11%
ES	D	0.11%
ICE	B	0.11%
LRCX	A	0.11%
SPG	B	0.11%
THC	B	0.11%
BSX	B	0.11%
ZIM	C	0.11%
VTR	A	0.1%
BKR	D	0.1%
BX	C	0.1%
O	D	0.1%
TROW	B	0.1%
WEC	D	0.1%
DG	F	0.1%
KKR	B	0.1%
DTE	C	0.1%
NRG	B	0.1%
TEL	A	0.1%
KDP	A	0.1%
CARR	A	0.1%
WRK	C	0.1%
ACI	F	0.09%
PH	D	0.09%
TT	A	0.09%
BKNG	A	0.09%
URI	C	0.09%
CBRE	C	0.09%
VRTX	B	0.09%
WY	F	0.09%
EQIX	C	0.09%
CTVA	D	0.09%
AER	B	0.09%
IFF	B	0.09%
STZ	C	0.08%
GEHC	C	0.08%
STX	A	0.08%
SHW	C	0.08%
MCHP	B	0.08%
USFD	B	0.08%
OMC	C	0.08%
KMX	C	0.08%
TDG	B	0.08%
ECL	A	0.08%
AVB	A	0.08%
INTU	C	0.08%
AEE	D	0.08%
EQR	A	0.08%
AA	C	0.08%
CNP	A	0.08%
APH	A	0.08%
NTRS	C	0.08%
HAL	D	0.08%
AMP	A	0.08%
AES	C	0.08%
ROST	A	0.07%
PSA	B	0.07%
PAYX	A	0.07%
CINF	C	0.07%
ISRG	A	0.07%
PFGC	D	0.07%
DOC	B	0.07%
GPC	D	0.07%
VICI	D	0.07%
EVRG	C	0.07%
CMS	D	0.07%
TRGP	A	0.07%
SWK	D	0.07%
IRM	A	0.07%
ARE	C	0.07%
ROP	A	0.07%
DLTR	F	0.07%
FLEX	B	0.07%
KLAC	A	0.07%
PPG	D	0.07%
CCL	C	0.06%
KD	C	0.06%
CNH	D	0.06%
X	F	0.06%
WAB	B	0.06%
BJ	A	0.06%
BAX	D	0.06%
BALL	D	0.06%
LDOS	B	0.06%
MSI	A	0.06%
YUM	C	0.06%
SWN	D	0.06%
MPW	C	0.06%
GEV	A	0.06%
AON	C	0.06%
AWK	B	0.06%
SQ	F	0.06%
OTIS	B	0.06%
HES	D	0.06%
L	C	0.06%
IQV	D	0.06%
RSG	B	0.06%
ZTS	C	0.06%
NTAP	A	0.06%
WTW	D	0.06%
APTV	F	0.06%
CHRW	B	0.06%
AJG	A	0.06%
K	C	0.06%
FSLR	C	0.05%
BAP	D	0.05%
ESS	A	0.05%
ON	C	0.05%
EL	F	0.05%
EXPD	B	0.05%
ROK	F	0.05%
MAA	B	0.05%
MAR	C	0.05%
MGM	D	0.05%
GWW	C	0.05%
SOLV	F	0.05%
UBER	B	0.05%
TSCO	A	0.05%
ATO	C	0.05%
UGI	D	0.05%
LNT	D	0.05%
IPG	F	0.05%
BXP	C	0.05%
FAST	C	0.05%
FYBR	B	0.05%
HSY	F	0.05%
DOV	B	0.05%
PKG	B	0.05%
CTAS	A	0.05%
WHR	F	0.05%
ZBH	F	0.05%
INVH	A	0.05%
MCO	A	0.05%
PWR	A	0.05%
AFG	C	0.05%
CDW	C	0.05%
MOH	F	0.05%
NI	C	0.05%
PNW	C	0.05%
JBL	C	0.05%
KSS	F	0.05%
CHK	D	0.05%
MRVL	B	0.05%
ORLY	C	0.05%
GRMN	B	0.05%
REG	B	0.04%
CPT	A	0.04%
FMC	F	0.04%
SUI	D	0.04%
TDY	D	0.04%
SNPS	A	0.04%
VNO	C	0.04%
CASY	B	0.04%
UDR	B	0.04%
SNA	D	0.04%
CMG	A	0.04%
WU	D	0.04%
RCL	B	0.04%
HSIC	D	0.04%
AIZ	D	0.04%
APO	A	0.04%
WRB	C	0.04%
HRL	F	0.04%
HWM	B	0.04%
RIG	F	0.04%
DVA	B	0.04%
EXR	A	0.04%
AVY	A	0.04%
HOLX	D	0.04%
OGE	C	0.04%
CHD	A	0.04%
MTZ	B	0.04%
EME	B	0.04%
ALB	F	0.04%
AVT	B	0.04%
DKS	A	0.04%
CCK	D	0.04%
AVTR	D	0.04%
WPC	D	0.04%
VMC	C	0.04%
STWD	C	0.04%
KIM	B	0.04%
EA	B	0.04%
HAS	C	0.04%
CLX	C	0.04%
HST	D	0.04%
TTWO	C	0.04%
EW	C	0.04%
ACM	C	0.04%
A	C	0.04%
J	C	0.04%
NVR	D	0.04%
WSM	B	0.04%
MKC	D	0.04%
LAD	D	0.04%
MLM	C	0.04%
ICLR	B	0.04%
AME	C	0.04%
DRI	C	0.04%
CCEP	B	0.04%
SCI	B	0.03%
COIN	C	0.03%
DPZ	A	0.03%
AXTA	B	0.03%
BRX	B	0.03%
AKAM	F	0.03%
CSGP	F	0.03%
JBHT	F	0.03%
SWX	C	0.03%
OHI	A	0.03%
ULTA	F	0.03%
AGNC	A	0.03%
HOOD	C	0.03%
VRSK	A	0.03%
CPAY	D	0.03%
CPNG	D	0.03%
FLR	A	0.03%
NOW	C	0.03%
HLF	C	0.03%
PK	D	0.03%
LAMR	C	0.03%
THO	F	0.03%
CTLT	C	0.03%
WTRG	C	0.03%
ANET	A	0.03%
GLPI	C	0.03%
HUBB	C	0.03%
KEYS	D	0.03%
OSK	D	0.03%
NDAQ	C	0.03%
EXPE	C	0.03%
BAH	B	0.03%
ETRN	C	0.03%
JWN	B	0.03%
EFX	B	0.03%
BECN	B	0.03%
MAS	C	0.03%
CPRT	C	0.03%
HLT	A	0.03%
TER	A	0.03%
CAR	F	0.03%
RPM	B	0.03%
SFM	B	0.03%
CACI	A	0.03%
TWLO	F	0.03%
SKX	B	0.03%
BURL	B	0.03%
WSO	A	0.03%
STE	D	0.03%
BR	C	0.03%
ARMK	A	0.03%
LPLA	A	0.03%
ZBRA	D	0.03%
SLG	A	0.03%
MUSA	A	0.03%
MNST	F	0.03%
HUN	D	0.03%
VOYA	B	0.03%
JNPR	B	0.03%
CSL	A	0.03%
IR	B	0.03%
GPS	C	0.03%
LVS	F	0.03%
ALV	D	0.03%
RMD	B	0.03%
XYL	B	0.03%
FTV	D	0.03%
CPB	C	0.03%
LYV	C	0.02%
GGG	D	0.02%
KRG	B	0.02%
WST	F	0.02%
MMS	B	0.02%
VNT	C	0.02%
TCBI	D	0.02%
GRAB	C	0.02%
ALLE	D	0.02%
TYL	B	0.02%
TXRH	B	0.02%
FCN	D	0.02%
VMI	B	0.02%
OKTA	D	0.02%
APLE	D	0.02%
BMRN	C	0.02%
ACHC	D	0.02%
IDXX	C	0.02%
SMG	D	0.02%
NDSN	D	0.02%
EPR	D	0.02%
ASH	B	0.02%
ABNB	D	0.02%
CW	B	0.02%
BCO	B	0.02%
ADSK	B	0.02%
WAT	D	0.02%
MSM	D	0.02%
CPRI	F	0.02%
G	D	0.02%
VRT	C	0.02%
WYNN	D	0.02%
GMS	D	0.02%
SLGN	D	0.02%
JKHY	D	0.02%
PCH	F	0.02%
AYI	D	0.02%
IAC	F	0.02%
PRI	B	0.02%
MTN	F	0.02%
ENTG	B	0.02%
AGO	C	0.02%
GNTX	D	0.02%
CNM	C	0.02%
CIEN	F	0.02%
LEG	F	0.02%
AVA	D	0.02%
PNM	D	0.02%
HE	F	0.02%
LBRDK	F	0.02%
APG	B	0.02%
NJR	D	0.02%
CBT	B	0.02%
FFIV	D	0.02%
REXR	D	0.02%
XPO	D	0.02%
POOL	D	0.02%
W	F	0.02%
WWD	A	0.02%
MELI	C	0.02%
CHKP	B	0.02%
GEO	D	0.02%
RUN	C	0.02%
PHIN	C	0.02%
CBSH	D	0.02%
EVR	A	0.02%
AVNT	C	0.02%
AOS	C	0.02%
NWE	D	0.02%
PAG	D	0.02%
OGS	D	0.02%
WLK	D	0.02%
BTU	D	0.02%
TFX	D	0.02%
DEI	C	0.02%
TRN	B	0.02%
CR	B	0.02%
RL	B	0.02%
LSTR	C	0.02%
INCY	B	0.02%
LNW	B	0.02%
DASH	D	0.02%
LUMN	F	0.02%
ITT	C	0.02%
LII	A	0.02%
TTC	B	0.02%
ALE	B	0.02%
MIDD	D	0.02%
SEM	B	0.02%
GDDY	B	0.02%
SBRA	A	0.02%
SR	D	0.02%
FLO	D	0.02%
DCI	D	0.02%
KMPR	C	0.02%
BLD	B	0.02%
LW	C	0.02%
ELS	C	0.02%
SRCL	B	0.02%
SIG	D	0.02%
ATR	B	0.02%
MSCI	D	0.02%
IDA	D	0.02%
IT	C	0.02%
FLS	C	0.02%
DY	C	0.02%
CBOE	D	0.02%
AGR	D	0.02%
ILMN	F	0.02%
HIW	C	0.02%
CIVI	D	0.02%
MAC	D	0.02%
RIVN	C	0.02%
SBAC	F	0.02%
MAT	F	0.02%
CUBE	B	0.02%
CRL	D	0.02%
ALGN	F	0.02%
RHI	F	0.02%
CUZ	C	0.02%
DECK	B	0.02%
WTFC	D	0.02%
CSTM	D	0.02%
LPX	B	0.02%
KBR	C	0.02%
IEX	D	0.02%
BKH	D	0.02%
POST	D	0.02%
MKSI	A	0.02%
PII	F	0.02%
EHC	B	0.02%
CNX	C	0.02%
BIO	D	0.02%
KEX	B	0.02%
BXMT	C	0.02%
COLD	C	0.02%
GME	C	0.02%
NVT	B	0.02%
LULU	F	0.02%
AIRC	A	0.02%
MTD	B	0.02%
ODFL	D	0.02%
GNRC	C	0.02%
NNN	B	0.02%
CLH	A	0.02%
KRC	D	0.02%
ABM	B	0.02%
ZM	F	0.02%
FL	C	0.02%
SCCO	D	0.02%
NSIT	B	0.02%
TRMB	C	0.02%
FTI	C	0.02%
TRU	D	0.02%
CDNS	A	0.02%
VLTO	A	0.02%
SEE	C	0.02%
BRO	A	0.02%
PNR	C	0.02%
POR	D	0.02%
ANSS	C	0.02%
SPOT	B	0.02%
GXO	F	0.02%
AMH	C	0.02%
FRT	D	0.02%
NFG	C	0.02%
NOV	D	0.02%
DOX	F	0.02%
BIG	F	0.01%
HEI	A	0.01%
SEDG	F	0.01%
UAA	C	0.01%
FIVE	F	0.01%
UNIT	F	0.01%
CLVT	F	0.01%
HEI	A	0.01%
VSTS	F	0.01%
LGIH	F	0.01%
SNOW	F	0.01%
WSC	F	0.01%
XP	F	0.01%
NWS	B	0.01%
HELE	F	0.01%
CBRL	F	0.01%
IGT	C	0.01%
OPCH	D	0.01%
OPEN	F	0.01%
FTNT	F	0.01%
SITE	F	0.01%
RLJ	D	0.01%
EGP	C	0.01%
Z	B	0.01%
PINC	F	0.01%
WH	C	0.01%
DRH	D	0.01%
SAIA	C	0.01%
EPAM	F	0.01%
PECO	F	0.01%
LXP	B	0.01%
SMCI	C	0.01%
CRI	F	0.01%
ENOV	F	0.01%
HPP	D	0.01%
HTZ	F	0.01%
FR	C	0.01%
KMT	D	0.01%
MC	C	0.01%
RXO	D	0.01%
BWXT	C	0.01%
DIOD	C	0.01%
APAM	D	0.01%
NSP	F	0.01%
JBGS	C	0.01%
KNF	C	0.01%
ARI	D	0.01%
TPX	D	0.01%
URBN	B	0.01%
AIT	C	0.01%
LITE	B	0.01%
RLI	C	0.01%
SEIC	C	0.01%
ESAB	C	0.01%
RYN	B	0.01%
PMT	C	0.01%
PDCO	C	0.01%
LECO	F	0.01%
LCII	F	0.01%
PTC	D	0.01%
LFUS	B	0.01%
OUT	D	0.01%
WEX	F	0.01%
SPB	B	0.01%
FUL	C	0.01%
ABR	B	0.01%
DXCM	C	0.01%
VSCO	F	0.01%
WDAY	F	0.01%
CGNX	B	0.01%
UMBF	C	0.01%
BDN	C	0.01%
PLXS	D	0.01%
VSAT	F	0.01%
SOFI	F	0.01%
GTLS	D	0.01%
VEEV	F	0.01%
MTCH	D	0.01%
THS	F	0.01%
ARES	C	0.01%
IRT	A	0.01%
NOMD	D	0.01%
EEFT	C	0.01%
FDS	D	0.01%
RGLD	D	0.01%
AM	B	0.01%
EXEL	D	0.01%
RH	F	0.01%
ATI	C	0.01%
FHB	C	0.01%
STAG	C	0.01%
GBCI	C	0.01%
AEO	D	0.01%
ADC	B	0.01%
FND	B	0.01%
LBRDA	F	0.0%
ZG	B	0.0%

PRF Underweight 236 Positions Relative to VFVA

Symbol	Grade	Weight
GTES	D	-0.32%
PRDO	C	-0.28%
MATX	B	-0.27%
INSW	C	-0.27%
TNK	C	-0.24%
GPOR	C	-0.24%
STNG	B	-0.23%
ALK	C	-0.21%
STBA	C	-0.21%
HTLF	B	-0.21%
OCFC	D	-0.2%
SLCA	B	-0.2%
PTEN	F	-0.19%
WAFD	D	-0.19%
EFSC	D	-0.19%
KOP	F	-0.19%
HOPE	D	-0.18%
RNG	F	-0.18%
GNK	D	-0.18%
CLW	B	-0.18%
BRY	F	-0.18%
ALGT	F	-0.18%
SKYW	B	-0.18%
SEB	F	-0.17%
ZD	D	-0.17%
BZH	C	-0.17%
RYI	F	-0.17%
WWW	B	-0.17%
IMKTA	F	-0.16%
CUBI	D	-0.16%
WSBC	D	-0.16%
ASC	B	-0.15%
RNST	D	-0.15%
GIII	D	-0.15%
CHGG	F	-0.15%
NMRK	D	-0.15%
AHCO	B	-0.15%
LILAK	C	-0.15%
LZB	A	-0.15%
NX	F	-0.14%
BANC	D	-0.14%
DHT	D	-0.14%
EAT	B	-0.14%
DIN	D	-0.14%
FWRD	C	-0.14%
SNDR	C	-0.14%
PAGS	F	-0.14%
PATK	C	-0.14%
PFS	F	-0.14%
BELFB	C	-0.13%
SPTN	F	-0.13%
MD	D	-0.13%
ATSG	F	-0.13%
GLNG	B	-0.13%
HIBB	A	-0.13%
PUMP	F	-0.13%
PEBO	C	-0.13%
CCSI	D	-0.13%
SSP	F	-0.12%
STC	C	-0.12%
VBTX	C	-0.12%
HOV	D	-0.12%
VGR	C	-0.12%
APPS	F	-0.12%
ASIX	F	-0.12%
STGW	C	-0.12%
BUSE	C	-0.12%
HLX	D	-0.12%
TOWN	C	-0.12%
JRVR	F	-0.12%
MCB	F	-0.12%
ATGE	B	-0.11%
EGBN	F	-0.11%
TWI	F	-0.11%
WNC	D	-0.11%
MBUU	D	-0.11%
SXC	D	-0.11%
TRMK	C	-0.11%
EBC	C	-0.11%
DBX	F	-0.1%
CEIX	C	-0.1%
TPC	B	-0.1%
BMBL	F	-0.1%
REVG	B	-0.1%
CAL	C	-0.1%
MTW	F	-0.1%
GRBK	B	-0.1%
SNCY	F	-0.1%
COMM	D	-0.1%
FCF	D	-0.1%
NAT	D	-0.1%
FDP	F	-0.1%
DLX	B	-0.1%
DCOM	D	-0.1%
PLTK	C	-0.09%
NOG	D	-0.09%
FFWM	F	-0.09%
AMWD	D	-0.09%
SASR	B	-0.09%
SB	C	-0.09%
NTB	B	-0.09%
CNA	B	-0.09%
UVE	D	-0.09%
MATV	C	-0.09%
SCHL	D	-0.09%
SCSC	C	-0.09%
AAN	B	-0.09%
TRST	D	-0.09%
CHX	D	-0.09%
UVSP	B	-0.09%
SFL	C	-0.09%
EGY	C	-0.08%
CCRN	F	-0.08%
CMRE	B	-0.08%
DOLE	D	-0.08%
VTOL	C	-0.08%
RMAX	C	-0.08%
BANR	B	-0.08%
RGP	F	-0.08%
THFF	D	-0.08%
SRCE	C	-0.08%
TCBK	B	-0.08%
NNI	B	-0.08%
FRME	D	-0.08%
GOGL	D	-0.08%
DXPE	D	-0.08%
NWBI	D	-0.08%
AX	C	-0.08%
NTCT	F	-0.08%
BV	B	-0.08%
RPAY	B	-0.08%
ACCO	F	-0.08%
LBRT	D	-0.08%
SD	D	-0.08%
HFWA	D	-0.08%
KOS	F	-0.07%
ZEUS	F	-0.07%
NMIH	B	-0.07%
TTEC	F	-0.07%
BHLB	D	-0.07%
NIC	C	-0.07%
OMCL	F	-0.07%
BRKL	F	-0.07%
CROX	A	-0.07%
REX	D	-0.07%
NBTB	C	-0.07%
LPG	C	-0.07%
TITN	F	-0.06%
KELYA	D	-0.06%
AMCX	F	-0.06%
IIIN	D	-0.06%
MCFT	F	-0.06%
PLAB	F	-0.06%
SNEX	D	-0.06%
CNOB	F	-0.06%
PFC	D	-0.06%
PCRX	D	-0.06%
KFY	B	-0.06%
GDOT	D	-0.06%
HAFC	D	-0.06%
HVT	D	-0.06%
BBW	D	-0.05%
IRWD	F	-0.05%
SBOW	C	-0.05%
DNB	F	-0.05%
LXU	F	-0.05%
HGV	D	-0.05%
SMP	F	-0.05%
FBMS	D	-0.05%
PPC	C	-0.05%
RDUS	F	-0.05%
TALO	D	-0.05%
XPOF	C	-0.05%
TLYS	F	-0.05%
OFG	C	-0.05%
OIS	F	-0.05%
MOV	D	-0.05%
CNDT	F	-0.05%
MATW	F	-0.05%
VRNT	C	-0.05%
EVRI	D	-0.04%
BY	B	-0.04%
HAIN	C	-0.04%
LC	D	-0.04%
LILA	C	-0.04%
MED	F	-0.04%
ENVA	C	-0.04%
MGY	C	-0.04%
TK	C	-0.04%
OBK	D	-0.04%
BALY	F	-0.04%
EMBC	C	-0.04%
FBNC	D	-0.04%
FOXF	C	-0.04%
ETWO	D	-0.04%
HBNC	D	-0.04%
NFBK	D	-0.03%
TBRG	C	-0.03%
EPC	B	-0.03%
QCRH	C	-0.03%
WTTR	B	-0.03%
ZIMV	D	-0.03%
VREX	F	-0.03%
AMRX	B	-0.03%
AMAL	B	-0.03%
BW	C	-0.03%
SWI	B	-0.03%
KODK	B	-0.03%
INMD	F	-0.03%
OLPX	C	-0.03%
WMK	D	-0.03%
GCO	F	-0.03%
FFIC	C	-0.03%
IBTX	C	-0.03%
EGRX	F	-0.02%
IMMR	B	-0.02%
BOOM	D	-0.02%
REPX	D	-0.02%
EIG	C	-0.02%
IART	D	-0.02%
KRO	B	-0.02%
UIS	F	-0.02%
GBX	C	-0.02%
ACT	C	-0.02%
SCVL	B	-0.02%
CFFN	B	-0.02%
PFBC	C	-0.02%
NBHC	B	-0.02%
OXM	D	-0.02%
JACK	F	-0.02%
GRNT	D	-0.01%
OSBC	D	-0.01%
EGHT	F	-0.01%
KRNY	D	-0.01%
HTBK	D	-0.01%
DXLG	C	-0.0%