PRF vs. VIG ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to Vanguard Div Appreciation ETF - DNQ (VIG)

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

VIG

Vanguard Div Appreciation ETF - DNQ

VIG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the NASDAQ US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$202.46

Average Daily Volume

706,726

Number of Holdings ^*

336

* may have additional holdings in another (foreign) market

Performance

Period	PRF	VIG
30 Days	4.02%	1.97%
60 Days	5.08%	2.56%
90 Days	6.89%	5.04%
12 Months	30.29%	26.08%

251 Overlapping Holdings

	Symbol	Grade	Weight in PRF	Weight in VIG	Overlap
	AAPL	C	2.3%	4.74%	2.3%
	ABBV	D	0.57%	1.94%	0.57%
	ABM	B	0.02%	0.02%	0.02%
	ABT	B	0.32%	1.06%	0.32%
	ACN	C	0.25%	1.16%	0.25%
	ADI	D	0.17%	0.6%	0.17%
	ADM	D	0.21%	0.14%	0.14%
	ADP	B	0.14%	0.64%	0.14%
	AES	F	0.05%	0.06%	0.05%
	AFG	A	0.05%	0.05%	0.05%
	AFL	B	0.2%	0.29%	0.2%
	AGCO	D	0.03%	0.03%	0.03%
	AGO	B	0.02%	0.02%	0.02%
	AIT	A	0.02%	0.05%	0.02%
	AIZ	A	0.04%	0.05%	0.04%
	AJG	B	0.07%	0.33%	0.07%
	AL	B	0.03%	0.02%	0.02%
	ALB	C	0.03%	0.06%	0.03%
	ALL	A	0.2%	0.26%	0.2%
	ALLE	D	0.02%	0.07%	0.02%
	AMGN	D	0.32%	0.93%	0.32%
	AMP	A	0.1%	0.27%	0.1%
	ANDE	D	0.01%	0.01%	0.01%
	AON	A	0.07%	0.43%	0.07%
	AOS	F	0.01%	0.05%	0.01%
	APD	A	0.16%	0.37%	0.16%
	APH	A	0.08%	0.43%	0.08%
	ASH	D	0.01%	0.02%	0.01%
	ATO	A	0.06%	0.11%	0.06%
	ATR	B	0.02%	0.06%	0.02%
	AUB	B	0.01%	0.02%	0.01%
	AVGO	D	0.5%	4.24%	0.5%
	AVNT	B	0.02%	0.02%	0.02%
	AVT	C	0.04%	0.03%	0.03%
	AVY	D	0.03%	0.09%	0.03%
	AWK	D	0.05%	0.15%	0.05%
	AXS	A	0.03%	0.03%	0.03%
	BAC	A	1.37%	1.52%	1.37%
	BAH	F	0.03%	0.13%	0.03%
	BC	C	0.02%	0.03%	0.02%
	BDX	F	0.13%	0.36%	0.13%
	BK	A	0.27%	0.3%	0.27%
	BLK	C	0.33%	0.73%	0.33%
	BOKF	B	0.01%	0.01%	0.01%
	BR	A	0.03%	0.13%	0.03%
	BRO	B	0.03%	0.13%	0.03%
	CABO	C	0.01%	0.01%	0.01%
	CADE	B	0.02%	0.03%	0.02%
	CAH	B	0.29%	0.14%	0.14%
	CASY	A	0.04%	0.08%	0.04%
	CAT	B	0.34%	0.98%	0.34%
	CB	C	0.3%	0.57%	0.3%
	CBOE	B	0.02%	0.12%	0.02%
	CBSH	A	0.02%	0.04%	0.02%
	CBT	C	0.02%	0.03%	0.02%
	CDW	F	0.04%	0.14%	0.04%
	CE	F	0.02%	0.07%	0.02%
	CFR	B	0.02%	0.04%	0.02%
	CHD	B	0.04%	0.13%	0.04%
	CHRW	C	0.08%	0.06%	0.06%
	CINF	A	0.08%	0.12%	0.08%
	CL	D	0.13%	0.41%	0.13%
	CLX	B	0.05%	0.11%	0.05%
	CMCSA	B	0.78%	0.92%	0.78%
	CME	A	0.14%	0.44%	0.14%
	CMI	A	0.15%	0.24%	0.15%
	CMS	C	0.07%	0.11%	0.07%
	CNO	A	0.03%	0.02%	0.02%
	COR	B	0.26%	0.22%	0.22%
	COST	B	0.56%	2.08%	0.56%
	CSCO	B	0.64%	1.18%	0.64%
	CSL	C	0.03%	0.1%	0.03%
	CSX	B	0.14%	0.35%	0.14%
	CTAS	B	0.06%	0.38%	0.06%
	DCI	B	0.02%	0.05%	0.02%
	DFS	B	0.2%	0.2%	0.2%
	DGX	A	0.07%	0.09%	0.07%
	DHI	D	0.12%	0.27%	0.12%
	DHR	F	0.16%	0.85%	0.16%
	DOV	A	0.05%	0.14%	0.05%
	DOX	D	0.02%	0.05%	0.02%
	DPZ	C	0.02%	0.08%	0.02%
	DTE	C	0.1%	0.14%	0.1%
	ECL	D	0.07%	0.33%	0.07%
	ELV	F	0.28%	0.51%	0.28%
	EMN	D	0.06%	0.07%	0.06%
	EMR	A	0.15%	0.33%	0.15%
	ETN	A	0.18%	0.71%	0.18%
	EVR	B	0.02%	0.05%	0.02%
	EXPD	D	0.04%	0.09%	0.04%
	FAF	A	0.04%	0.04%	0.04%
	FAST	B	0.06%	0.24%	0.06%
	FDS	B	0.02%	0.09%	0.02%
	FITB	A	0.14%	0.16%	0.14%
	FLO	D	0.02%	0.02%	0.02%
	FNF	B	0.07%	0.08%	0.07%
	FUL	F	0.01%	0.02%	0.01%
	GATX	A	0.02%	0.03%	0.02%
	GD	F	0.18%	0.4%	0.18%
	GGG	B	0.02%	0.07%	0.02%
	GHC	C	0.02%	0.02%	0.02%
	GL	B	0.03%	0.05%	0.03%
	GLW	B	0.12%	0.2%	0.12%
	GPC	D	0.05%	0.09%	0.05%
	GS	A	0.78%	0.88%	0.78%
	GWW	B	0.06%	0.27%	0.06%
	HD	A	0.73%	2.11%	0.73%
	HEI	B	0.01%	0.08%	0.01%
	HEI	B	0.01%	0.05%	0.01%
	HEI	B	0.01%	0.08%	0.01%
	HEI	B	0.01%	0.05%	0.01%
	HIG	B	0.14%	0.18%	0.14%
	HII	D	0.02%	0.04%	0.02%
	HOMB	A	0.02%	0.03%	0.02%
	HON	B	0.3%	0.72%	0.3%
	HPQ	B	0.19%	0.19%	0.19%
	HRL	D	0.03%	0.05%	0.03%
	HSY	F	0.04%	0.14%	0.04%
	HUBB	B	0.03%	0.12%	0.03%
	HUM	C	0.14%	0.17%	0.14%
	IBM	C	0.53%	1.02%	0.53%
	ICE	C	0.12%	0.48%	0.12%
	IDA	A	0.02%	0.03%	0.02%
	IEX	B	0.02%	0.09%	0.02%
	INDB	B	0.01%	0.01%	0.01%
	INGR	B	0.04%	0.05%	0.04%
	INTU	C	0.09%	0.92%	0.09%
	ITT	A	0.02%	0.06%	0.02%
	ITW	B	0.12%	0.38%	0.12%
	JBHT	C	0.03%	0.08%	0.03%
	JKHY	D	0.02%	0.07%	0.02%
	JNJ	D	0.92%	2.07%	0.92%
	JPM	A	2.2%	3.4%	2.2%
	KLAC	D	0.05%	0.48%	0.05%
	KO	D	0.47%	1.36%	0.47%
	KR	B	0.31%	0.14%	0.14%
	LAD	A	0.06%	0.05%	0.05%
	LECO	B	0.01%	0.06%	0.01%
	LFUS	F	0.01%	0.03%	0.01%
	LHX	C	0.12%	0.25%	0.12%
	LII	A	0.02%	0.1%	0.02%
	LIN	D	0.28%	1.18%	0.28%
	LMT	D	0.34%	0.64%	0.34%
	LNT	A	0.05%	0.08%	0.05%
	LOW	D	0.34%	0.81%	0.34%
	MA	C	0.17%	2.23%	0.17%
	MAN	D	0.03%	0.02%	0.02%
	MAS	D	0.03%	0.1%	0.03%
	MCD	D	0.29%	1.13%	0.29%
	MCHP	D	0.05%	0.21%	0.05%
	MCK	B	0.45%	0.35%	0.35%
	MCO	B	0.06%	0.38%	0.06%
	MDLZ	F	0.18%	0.5%	0.18%
	MDT	D	0.35%	0.62%	0.35%
	MET	A	0.29%	0.25%	0.25%
	MKC	D	0.04%	0.11%	0.04%
	MMC	B	0.13%	0.58%	0.13%
	MRK	F	0.41%	1.39%	0.41%
	MSFT	F	1.86%	3.62%	1.86%
	MSI	B	0.07%	0.4%	0.07%
	NDAQ	A	0.03%	0.16%	0.03%
	NDSN	B	0.02%	0.07%	0.02%
	NEE	D	0.38%	0.88%	0.38%
	NFG	A	0.02%	0.03%	0.02%
	NJR	A	0.02%	0.02%	0.02%
	NKE	D	0.12%	0.5%	0.12%
	NOC	D	0.17%	0.38%	0.17%
	NSP	D	0.01%	0.02%	0.01%
	NUE	C	0.12%	0.18%	0.12%
	ORCL	B	0.32%	1.44%	0.32%
	ORI	A	0.06%	0.04%	0.04%
	OSK	B	0.03%	0.04%	0.03%
	OZK	B	0.02%	0.02%	0.02%
	PAYX	C	0.07%	0.24%	0.07%
	PB	A	0.03%	0.04%	0.03%
	PEP	F	0.48%	1.23%	0.48%
	PFG	D	0.1%	0.09%	0.09%
	PG	A	0.71%	2.1%	0.71%
	PII	D	0.02%	0.02%	0.02%
	PKG	A	0.06%	0.11%	0.06%
	PNC	B	0.37%	0.4%	0.37%
	PNR	A	0.03%	0.09%	0.03%
	POOL	C	0.02%	0.07%	0.02%
	PPG	F	0.07%	0.16%	0.07%
	PRGO	B	0.02%	0.02%	0.02%
	PRI	A	0.02%	0.05%	0.02%
	PSX	C	0.29%	0.28%	0.28%
	QCOM	F	0.31%	0.97%	0.31%
	R	B	0.06%	0.03%	0.03%
	RGA	A	0.06%	0.07%	0.06%
	RGLD	C	0.01%	0.05%	0.01%
	RHI	B	0.02%	0.04%	0.02%
	RJF	A	0.07%	0.15%	0.07%
	RLI	B	0.01%	0.04%	0.01%
	RMD	C	0.03%	0.19%	0.03%
	RNR	C	0.02%	0.07%	0.02%
	ROK	B	0.05%	0.16%	0.05%
	ROP	B	0.06%	0.31%	0.06%
	RPM	A	0.03%	0.09%	0.03%
	RRX	B	0.03%	0.06%	0.03%
	RS	B	0.05%	0.08%	0.05%
	RSG	A	0.06%	0.22%	0.06%
	SBUX	A	0.17%	0.6%	0.17%
	SCI	B	0.03%	0.06%	0.03%
	SEIC	B	0.01%	0.04%	0.01%
	SHW	A	0.09%	0.45%	0.09%
	SIGI	C	0.01%	0.03%	0.01%
	SJM	D	0.05%	0.06%	0.05%
	SLGN	A	0.02%	0.02%	0.02%
	SNA	A	0.04%	0.09%	0.04%
	SON	D	0.02%	0.03%	0.02%
	SPGI	C	0.17%	0.83%	0.17%
	SRE	A	0.19%	0.28%	0.19%
	SSB	B	0.02%	0.04%	0.02%
	STE	F	0.03%	0.12%	0.03%
	STLD	B	0.07%	0.1%	0.07%
	STT	A	0.16%	0.15%	0.15%
	SWK	D	0.07%	0.08%	0.07%
	SYK	C	0.12%	0.66%	0.12%
	SYY	B	0.14%	0.2%	0.14%
	TGT	F	0.29%	0.37%	0.29%
	THG	A	0.02%	0.03%	0.02%
	THO	B	0.03%	0.03%	0.03%
	TKR	D	0.02%	0.03%	0.02%
	TRV	B	0.24%	0.3%	0.24%
	TSCO	D	0.05%	0.15%	0.05%
	TSN	B	0.15%	0.09%	0.09%
	TTC	D	0.01%	0.04%	0.01%
	TXN	C	0.34%	1.0%	0.34%
	UFPI	B	0.02%	0.04%	0.02%
	UMBF	B	0.02%	0.03%	0.02%
	UNH	C	1.06%	2.8%	1.06%
	UNM	A	0.08%	0.06%	0.06%
	UNP	C	0.25%	0.76%	0.25%
	V	A	0.25%	2.5%	0.25%
	VLTO	D	0.02%	0.14%	0.02%
	VMC	B	0.04%	0.19%	0.04%
	WLK	D	0.01%	0.02%	0.01%
	WM	A	0.13%	0.42%	0.13%
	WMT	A	1.16%	1.91%	1.16%
	WRB	A	0.04%	0.09%	0.04%
	WSM	B	0.03%	0.09%	0.03%
	WSO	A	0.03%	0.1%	0.03%
	WST	C	0.01%	0.12%	0.01%
	WTFC	A	0.03%	0.04%	0.03%
	WTRG	B	0.03%	0.05%	0.03%
	XEL	A	0.15%	0.2%	0.15%
	XOM	B	2.24%	2.82%	2.24%
	XYL	D	0.03%	0.16%	0.03%
	ZION	B	0.05%	0.04%	0.04%
	ZTS	D	0.06%	0.44%	0.06%

PRF Overweight 733 Positions Relative to VIG

	Symbol	Grade	Weight
	BRK.A	B	2.34%
	AMZN	C	1.74%
	WFC	A	1.29%
	VZ	C	1.19%
	T	A	1.18%
	CVX	A	1.16%
	C	A	1.14%
	GOOGL	C	1.03%
	META	D	0.96%
	GOOG	C	0.89%
	GM	B	0.79%
	PFE	D	0.77%
	PM	B	0.66%
	MS	A	0.58%
	CVS	D	0.53%
	MO	A	0.52%
	RTX	C	0.47%
	INTC	D	0.45%
	MMM	D	0.42%
	BMY	B	0.42%
	COP	C	0.42%
	DIS	B	0.42%
	COF	B	0.41%
	DUK	C	0.4%
	F	C	0.39%
	USB	A	0.38%
	TSLA	B	0.37%
	CI	F	0.37%
	GILD	C	0.37%
	TFC	A	0.36%
	SO	D	0.36%
	TMUS	B	0.33%
	VLO	C	0.33%
	UPS	C	0.32%
	AIG	B	0.31%
	FDX	B	0.31%
	MU	D	0.31%
	MPC	D	0.31%
	KMI	A	0.3%
	AXP	A	0.29%
	EOG	A	0.27%
	NVDA	C	0.26%
	D	C	0.26%
	CRM	B	0.25%
	PGR	A	0.25%
	CHTR	C	0.25%
	WMB	A	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%
	EXC	C	0.2%
	PYPL	B	0.2%
	AEP	D	0.2%
	TJX	A	0.19%
	HPE	B	0.19%
	OKE	A	0.18%
	DOW	F	0.18%
	JCI	C	0.18%
	SCHW	B	0.18%
	DD	D	0.17%
	CFG	B	0.16%
	NEM	D	0.16%
	MTB	A	0.16%
	WELL	A	0.16%
	WBD	C	0.16%
	VST	B	0.15%
	AMD	F	0.15%
	AMT	D	0.15%
	FIS	C	0.15%
	ETR	B	0.15%
	ED	D	0.15%
	PEG	A	0.15%
	PLD	D	0.15%
	IP	B	0.15%
	HCA	F	0.15%
	BBY	D	0.14%
	PPL	B	0.14%
	EIX	B	0.14%
	KHC	F	0.14%
	LYB	F	0.14%
	FCX	D	0.14%
	PCAR	B	0.14%
	CBRE	B	0.13%
	KKR	A	0.13%
	OXY	D	0.13%
	ZIM	C	0.13%
	GIS	D	0.13%
	DLR	B	0.13%
	NSC	B	0.13%
	SLB	C	0.13%
	KMB	D	0.13%
	CEG	D	0.13%
	BX	A	0.13%
	BKR	B	0.12%
	BSX	B	0.12%
	HBAN	A	0.12%
	CCI	D	0.12%
	LUMN	C	0.12%
	SPG	B	0.12%
	LEN	D	0.12%
	THC	D	0.12%
	PARA	C	0.12%
	RF	A	0.12%
	AMAT	F	0.12%
	ES	D	0.11%
	NRG	B	0.11%
	PH	A	0.11%
	URI	B	0.11%
	WEC	A	0.11%
	VTR	C	0.11%
	CARR	D	0.11%
	WBA	F	0.11%
	KEY	B	0.11%
	BA	F	0.11%
	PCG	A	0.11%
	ADBE	C	0.11%
	EQIX	A	0.1%
	O	D	0.1%
	NTRS	A	0.1%
	CTSH	B	0.1%
	REGN	F	0.1%
	BG	F	0.1%
	BKNG	A	0.1%
	TT	A	0.1%
	DVN	F	0.1%
	FE	C	0.1%
	WDC	D	0.1%
	TRGP	B	0.1%
	GEV	B	0.1%
	VRTX	F	0.09%
	USFD	A	0.09%
	AER	B	0.09%
	WY	D	0.09%
	BIIB	F	0.09%
	VTRS	A	0.09%
	KDP	D	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%
	PFGC	B	0.08%
	FANG	D	0.08%
	NXPI	D	0.08%
	ISRG	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%
	IRM	D	0.08%
	OMC	C	0.08%
	GPN	B	0.07%
	LNC	B	0.07%
	STZ	D	0.07%
	HAL	C	0.07%
	LNG	B	0.07%
	VFC	C	0.07%
	TDG	D	0.07%
	STX	D	0.07%
	AZO	C	0.07%
	DOC	D	0.07%
	CAG	D	0.07%
	EQT	B	0.07%
	JEF	A	0.07%
	VICI	C	0.07%
	SQ	B	0.07%
	WTW	B	0.07%
	CTRA	B	0.07%
	MRO	B	0.07%
	ACGL	D	0.07%
	PSA	D	0.07%
	PHM	D	0.07%
	CCL	B	0.07%
	CNP	B	0.07%
	LRCX	F	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%
	MAR	B	0.06%
	WCC	B	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%
	CF	B	0.06%
	PWR	A	0.06%
	PNW	B	0.06%
	ROST	C	0.06%
	LDOS	C	0.06%
	WAB	B	0.06%
	UAL	A	0.06%
	ORLY	B	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%
	FYBR	D	0.06%
	JLL	D	0.06%
	GRMN	B	0.06%
	MRVL	B	0.06%
	UGI	A	0.05%
	INVH	D	0.05%
	DXC	B	0.05%
	DRI	B	0.05%
	HWM	A	0.05%
	ZBH	C	0.05%
	HBI	B	0.05%
	APO	B	0.05%
	EG	C	0.05%
	TWLO	A	0.05%
	BALL	D	0.05%
	UBER	D	0.05%
	NVR	D	0.05%
	ACM	A	0.05%
	ESS	B	0.05%
	UHS	D	0.05%
	X	C	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%
	OMF	A	0.05%
	CNH	C	0.05%
	IQV	D	0.05%
	SOLV	C	0.05%
	FHN	A	0.05%
	TDS	B	0.05%
	JBL	B	0.05%
	DG	F	0.05%
	KD	B	0.05%
	FOXA	B	0.05%
	HES	B	0.05%
	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%
	NOW	A	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%
	LEA	D	0.04%
	STWD	C	0.04%
	SNV	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%
	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%
	MGM	D	0.04%
	LKQ	D	0.04%
	SLG	B	0.04%
	MRNA	F	0.04%
	OGE	B	0.04%
	MLM	B	0.04%
	BERY	B	0.04%
	TTWO	A	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%
	MTZ	B	0.04%
	EA	A	0.04%
	MPW	F	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%
	CMC	B	0.03%
	BHF	B	0.03%
	ALV	C	0.03%
	DASH	A	0.03%
	CLF	F	0.03%
	KRC	C	0.03%
	GAP	C	0.03%
	AXTA	A	0.03%
	DAR	C	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%
	CAR	C	0.03%
	TRMB	B	0.03%
	GXO	B	0.03%
	GNRC	B	0.03%
	ZM	B	0.03%
	WU	D	0.03%
	LAMR	D	0.03%
	FOX	A	0.03%
	BECN	B	0.03%
	PNFP	B	0.03%
	CPNG	D	0.03%
	FLR	B	0.03%
	CPRT	A	0.03%
	EW	C	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%
	EFX	F	0.03%
	OHI	C	0.03%
	BRX	A	0.03%
	GEO	B	0.03%
	CZR	F	0.03%
	GPK	C	0.03%
	MTH	D	0.03%
	LPLA	A	0.03%
	SNPS	B	0.03%
	CMG	B	0.03%
	RVTY	F	0.03%
	CACI	D	0.03%
	BURL	A	0.03%
	MNST	C	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%
	FTV	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%
	ANET	C	0.03%
	COHR	B	0.03%
	SPOT	B	0.03%
	HLT	A	0.03%
	DKS	C	0.03%
	LVS	C	0.03%
	MUSA	A	0.03%
	IR	B	0.03%
	HOOD	B	0.03%
	DTM	B	0.03%
	SWKS	F	0.03%
	SF	B	0.03%
	CDP	C	0.02%
	VEEV	C	0.02%
	MSM	C	0.02%
	BWXT	B	0.02%
	WDAY	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%
	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%
	ADNT	F	0.02%
	ESNT	D	0.02%
	AVA	A	0.02%
	LW	C	0.02%
	SFNC	B	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%
	AAL	B	0.02%
	QRVO	F	0.02%
	LSTR	D	0.02%
	GMS	B	0.02%
	CRL	C	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%
	OI	C	0.02%
	MTD	D	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%
	TYL	B	0.02%
	AGR	B	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%
	KBR	F	0.02%
	REZI	A	0.02%
	HRI	B	0.02%
	MIDD	C	0.02%
	WAT	B	0.02%
	FHB	A	0.02%
	LUV	C	0.02%
	RL	B	0.02%
	MELI	D	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%
	MHO	D	0.02%
	PNM	F	0.02%
	SEM	B	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%
	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%
	GDDY	A	0.02%
	HOG	D	0.02%
	SBAC	D	0.02%
	LITE	B	0.02%
	G	B	0.02%
	ADSK	A	0.02%
	TER	D	0.02%
	NOV	C	0.02%
	JAZZ	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%
	LULU	C	0.02%
	TNL	A	0.02%
	SLM	A	0.02%
	AAP	C	0.02%
	MTG	C	0.02%
	IT	C	0.02%
	BXMT	C	0.02%
	TCBI	B	0.02%
	INCY	C	0.02%
	CDNS	B	0.02%
	MSCI	C	0.02%
	GBCI	B	0.02%
	XPO	B	0.02%
	FLS	B	0.02%
	FBIN	D	0.02%
	KEX	C	0.02%
	PVH	C	0.02%
	AMG	B	0.02%
	RDN	C	0.02%
	MUR	D	0.02%
	SBRA	C	0.02%
	FFIV	B	0.02%
	GME	C	0.02%
	HWC	B	0.02%
	BCC	B	0.02%
	ANSS	B	0.02%
	HIW	D	0.02%
	ASB	B	0.02%
	DEI	B	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%
	HUN	F	0.02%
	ILMN	D	0.02%
	EL	F	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%
	BBWI	D	0.02%
	MLI	C	0.02%
	ULTA	F	0.02%
	ONB	B	0.02%
	HRB	D	0.02%
	FTI	A	0.02%
	BIO	D	0.02%
	TGNA	B	0.02%
	AGNC	D	0.02%
	GNW	A	0.02%
	SWX	B	0.02%
	CUZ	B	0.02%
	NXST	C	0.02%
	FRT	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%
	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%
	SNOW	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%
	HPP	F	0.01%
	LGIH	D	0.01%
	CBRL	C	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%
	CRC	B	0.01%
	CGNX	C	0.01%
	RYN	D	0.01%
	ASO	F	0.01%
	BMRN	D	0.01%
	ENTG	D	0.01%
	TEX	D	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%
	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%
	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%
	ABNB	C	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%
	BCO	D	0.01%
	FIBK	A	0.01%
	GNTX	C	0.01%
	ALIT	C	0.01%
	MTDR	B	0.01%
	STAG	F	0.01%
	ARCH	B	0.01%
	BDN	C	0.01%
	EPAM	C	0.01%
	VYX	B	0.01%
	GTLS	B	0.01%
	WERN	C	0.01%
	VNT	B	0.01%
	FTNT	C	0.01%
	IAC	D	0.01%
	RXO	C	0.01%
	FFBC	A	0.01%
	LEG	F	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 87 Positions Relative to VIG

	Symbol	Grade	Weight
	TPL	A	-0.12%
	RBA	A	-0.08%
	FIX	A	-0.07%
	CHDN	B	-0.06%
	MKTX	D	-0.06%
	ERIE	D	-0.06%
	ENSG	D	-0.05%
	MORN	B	-0.05%
	MSA	D	-0.04%
	SSD	D	-0.04%
	CHE	D	-0.04%
	FFIN	B	-0.03%
	EXPO	D	-0.03%
	MATX	C	-0.03%
	WTS	B	-0.03%
	BCPC	B	-0.03%
	BMI	B	-0.03%
	MGRC	B	-0.02%
	WSFS	A	-0.02%
	CWT	D	-0.02%
	AWR	B	-0.02%
	CBU	B	-0.02%
	BRC	D	-0.02%
	MGEE	C	-0.02%
	OTTR	C	-0.02%
	IBOC	A	-0.02%
	LANC	C	-0.02%
	POWI	D	-0.02%
	WDFC	B	-0.02%
	FELE	B	-0.02%
	KAI	A	-0.02%
	SRCE	B	-0.01%
	AMSF	B	-0.01%
	MSEX	B	-0.01%
	DDS	B	-0.01%
	WOR	F	-0.01%
	GABC	B	-0.01%
	LNN	B	-0.01%
	WS	B	-0.01%
	CSGS	B	-0.01%
	WABC	B	-0.01%
	NHC	C	-0.01%
	TCBK	B	-0.01%
	SCL	C	-0.01%
	HMN	B	-0.01%
	SJW	D	-0.01%
	APOG	B	-0.01%
	LKFN	B	-0.01%
	TNC	D	-0.01%
	AGM	C	-0.01%
	CHCO	B	-0.01%
	SYBT	B	-0.01%
	LMAT	A	-0.01%
	HI	C	-0.01%
	HWKN	B	-0.01%
	WLY	B	-0.01%
	KWR	C	-0.01%
	NBTB	B	-0.01%
	BANF	B	-0.01%
	MTRN	C	-0.01%
	SXI	B	-0.01%
	FRME	B	-0.01%
	TOWN	B	-0.01%
	HNI	B	-0.01%
	JJSF	B	-0.01%
	CPK	A	-0.01%
	CNS	B	-0.01%
	IOSP	B	-0.01%
	GFF	A	-0.01%
	JOUT	D	-0.0%
	HVT	D	-0.0%
	ARTNA	D	-0.0%
	HIFS	B	-0.0%
	TR	B	-0.0%
	GSBC	B	-0.0%
	YORW	D	-0.0%
	CASS	B	-0.0%
	SMBC	B	-0.0%
	SCVL	F	-0.0%
	FMBH	B	-0.0%
	FCBC	B	-0.0%
	HY	D	-0.0%
	SPTN	D	-0.0%
	MATW	C	-0.0%
	GRC	A	-0.0%
	EMBC	C	-0.0%
	MNRO	D	-0.0%

PRF: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Utilities - Regulated Electric Software - Application Asset Management Oil & Gas E&P Business Services Specialty Retail REIT - Diversified Specialty Chemicals Semiconductors Diagnostics & Research Information Technology Services Packaged Foods Building Materials Credit Services Insurance - Property & Casualty Capital Markets Packaging & Containers REIT - Residential

Keywords: S&P 500 Nasdaq 100 Natural Gas Bank Real Estate Investment Trust Banking Insurance Chemical Electricity Mining Computing Electronics Aerospace Transport Telecommunications Dow Jones Component Insurance Products Semiconductor Deposit Products Beverage

VIG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Specialty Chemicals Business Services Insurance - Property & Casualty Utilities - Regulated Water Capital Markets Insurance - Life Packaged Foods Asset Management Semiconductors Tools & Accessories Utilities - Regulated Electric Aerospace & Defense Insurance Brokers Medical Instruments & Supplies Steel Building Materials Chemicals Credit Services

Keywords: S&P 500 Bank Insurance Banking Chemical Nasdaq 100 Electronics Mining Insurance Products Dow Jones Component Natural Gas Plastic Aerospace Beverage Commercial Banking Disability Deposit Products Oil And Gas Adhesives Electricity