PRFZ vs. BBRE ETF Comparison

Comparison of PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (PRFZ) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

PRFZ

PowerShares FTSE RAFI US 1500 Small-Mid Portfolio

PRFZ Description

The PowerShares FTSE RAFI US 1500 Small-Mid Portfolio (Fund) is based on the FTSE RAFI US 1500 Small-Mid 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 small and medium-sized US companies. Companies are selected based on the following four fundamental measures of size: book value, cash flow, sales and dividends. Each of the equities with a fundamental weight ranking of 1,001 to 2,500 is then selected and assigned a weight equal to its fundamental weight. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$37.35

Average Daily Volume

130,205

Number of Holdings ^*

1409

* may have additional holdings in another (foreign) market

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$82.67

Average Daily Volume

17,736

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	PRFZ	BBRE
30 Days	-4.38%	-5.58%
60 Days	-0.72%	-3.36%
90 Days	1.88%	-4.04%
12 Months	19.17%	3.91%

50 Overlapping Holdings

Symbol	Grade	Weight in PRFZ	Weight in BBRE	Overlap
AAT	B	0.11%	0.12%	0.11%
AHH	B	0.05%	0.08%	0.05%
AIV	A	0.05%	0.13%	0.05%
AKR	A	0.14%	0.17%	0.14%
ALEX	D	0.12%	0.12%	0.12%
ALX	D	0.03%	0.06%	0.03%
BFS	D	0.03%	0.06%	0.03%
BNL	D	0.18%	0.27%	0.18%
CBL	C	0.04%	0.03%	0.03%
CHCT	C	0.04%	0.07%	0.04%
CLDT	D	0.05%	0.05%	0.05%
CSR	A	0.09%	0.1%	0.09%
CTRE	A	0.08%	0.25%	0.08%
DEA	B	0.13%	0.11%	0.11%
DHC	D	0.07%	0.03%	0.03%
EPRT	A	0.16%	0.38%	0.16%
EQC	F	0.13%	0.22%	0.13%
ESRT	C	0.1%	0.14%	0.1%
FCPT	C	0.1%	0.2%	0.1%
FPI	D	0.03%	0.06%	0.03%
GMRE	F	0.04%	0.06%	0.04%
GNL	D	0.11%	0.14%	0.11%
GOOD	A	0.05%	0.06%	0.05%
GTY	B	0.07%	0.11%	0.07%
IIPR	B	0.12%	0.28%	0.12%
IVT	B	0.12%	0.18%	0.12%
LAND	F	0.03%	0.05%	0.03%
LTC	A	0.09%	0.14%	0.09%
NHI	A	0.17%	0.28%	0.17%
NSA	D	0.13%	0.33%	0.13%
NTST	C	0.05%	0.1%	0.05%
NXRT	B	0.06%	0.08%	0.06%
OLP	A	0.03%	0.04%	0.03%
PDM	A	0.18%	0.09%	0.09%
PEB	C	0.16%	0.2%	0.16%
PGRE	B	0.15%	0.09%	0.09%
PKST	F	0.06%	0.02%	0.02%
PLYM	D	0.04%	0.1%	0.04%
RHP	C	0.14%	0.59%	0.14%
ROIC	D	0.12%	0.16%	0.12%
SHO	D	0.16%	0.23%	0.16%
SITC	D	0.18%	0.28%	0.18%
SKT	B	0.13%	0.3%	0.13%
SVC	D	0.12%	0.11%	0.11%
TRNO	F	0.13%	0.45%	0.13%
UE	C	0.14%	0.2%	0.14%
UHT	D	0.03%	0.05%	0.03%
UMH	B	0.05%	0.09%	0.05%
WSR	C	0.05%	0.06%	0.05%
XHR	D	0.17%	0.18%	0.17%

PRFZ Overweight 1359 Positions Relative to BBRE

Symbol	Grade	Weight
AMRK	A	0.25%
VIRT	A	0.23%
MATV	A	0.22%
GTES	A	0.22%
KAR	A	0.22%
CROX	C	0.21%
WFRD	A	0.21%
SPR	D	0.21%
PRIM	A	0.21%
WIRE	B	0.21%
VSTO	A	0.2%
GO	F	0.2%
EXAS	F	0.2%
MGY	A	0.2%
FIX	B	0.2%
BLMN	D	0.2%
VVV	C	0.2%
KFY	D	0.2%
BKD	A	0.2%
SBLK	A	0.2%
WD	C	0.19%
BILL	F	0.19%
TALO	B	0.19%
CHX	B	0.19%
TTEK	A	0.19%
KALU	A	0.19%
WAFD	B	0.19%
CRS	A	0.19%
CVNA	B	0.19%
ITGR	B	0.19%
GBX	A	0.19%
AHCO	C	0.19%
HGV	C	0.19%
MODG	B	0.19%
NU	C	0.19%
AY	A	0.18%
CBU	D	0.18%
RBC	D	0.18%
STNG	A	0.18%
LBRT	A	0.18%
ROL	B	0.18%
PPC	A	0.18%
CVBF	D	0.18%
ENR	C	0.18%
IBOC	A	0.18%
CEIX	B	0.18%
PINS	C	0.18%
SATS	B	0.18%
EXP	B	0.18%
BOH	C	0.18%
CENTA	C	0.18%
WEN	A	0.18%
NYT	D	0.18%
STC	B	0.18%
EAF	C	0.18%
MOG.A	A	0.18%
DOOR	A	0.18%
CRUS	C	0.18%
HI	A	0.18%
TNET	F	0.18%
KLG	A	0.18%
ITRI	A	0.18%
AMED	D	0.17%
ATSG	D	0.17%
VC	D	0.17%
BDC	C	0.17%
GIII	C	0.17%
ACA	C	0.17%
APP	A	0.17%
PATK	C	0.17%
CNK	B	0.17%
AROC	A	0.17%
LADR	B	0.17%
FBP	A	0.17%
SXT	A	0.17%
SSD	D	0.17%
PAGS	C	0.17%
SAH	B	0.17%
WTM	B	0.17%
GVA	A	0.17%
ANF	C	0.17%
RYI	F	0.17%
WGO	D	0.17%
ADTN	F	0.17%
TPL	A	0.17%
SCSC	C	0.17%
HLI	C	0.17%
SFL	A	0.17%
HOPE	B	0.17%
ACIW	A	0.17%
BFAM	C	0.17%
SUM	C	0.17%
HL	B	0.17%
ENVA	B	0.17%
CALM	B	0.17%
PR	A	0.17%
EAT	B	0.17%
PBH	C	0.16%
OTTR	C	0.16%
AX	B	0.16%
BANR	C	0.16%
COTY	D	0.16%
MSA	A	0.16%
ATGE	B	0.16%
HXL	D	0.16%
NWBI	D	0.16%
PTEN	F	0.16%
H	C	0.16%
NWN	A	0.16%
KOS	D	0.16%
RNST	C	0.16%
KTB	B	0.16%
OLLI	D	0.16%
LILAK	A	0.16%
GLNG	A	0.16%
MTX	B	0.16%
BGC	B	0.16%
MKTX	F	0.16%
MPWR	C	0.16%
CHE	D	0.16%
NGVT	B	0.16%
WSFS	B	0.16%
NCLH	B	0.16%
DNB	D	0.16%
FRME	A	0.16%
IBTX	F	0.15%
TECH	D	0.15%
TOWN	B	0.15%
SN	A	0.15%
ICUI	F	0.15%
DNOW	B	0.15%
NBIX	C	0.15%
HTLF	A	0.15%
ENSG	D	0.15%
ALK	A	0.15%
DLB	D	0.15%
PFS	C	0.15%
WMS	C	0.15%
PBI	A	0.15%
COLM	B	0.15%
IMKTA	F	0.15%
SKY	C	0.15%
KW	D	0.15%
MD	D	0.15%
TLRY	D	0.15%
VGR	D	0.15%
AMWD	C	0.15%
TRMK	A	0.15%
PSMT	B	0.15%
AGRO	A	0.15%
PIPR	B	0.15%
SIX	F	0.15%
TW	C	0.15%
MGEE	A	0.15%
HNI	C	0.15%
NBR	F	0.15%
RC	C	0.15%
NTB	A	0.15%
CVI	D	0.15%
MCY	B	0.15%
VRSN	F	0.15%
IPGP	D	0.15%
WMK	B	0.14%
COKE	C	0.14%
HAE	A	0.14%
GMED	F	0.14%
FFIN	C	0.14%
UNF	D	0.14%
WTS	D	0.14%
ZD	F	0.14%
MYRG	B	0.14%
ROKU	F	0.14%
RILY	B	0.14%
FELE	B	0.14%
HMN	A	0.14%
CNA	D	0.14%
AMCX	D	0.14%
ORA	F	0.14%
MASI	B	0.14%
EPC	B	0.14%
HQY	C	0.14%
SCL	D	0.14%
NMIH	B	0.14%
SMTC	A	0.14%
STRA	A	0.14%
NEU	D	0.14%
ECPG	F	0.14%
DOLE	A	0.14%
FDP	A	0.14%
MOD	B	0.14%
CNNE	C	0.14%
DBRG	F	0.14%
PRG	B	0.14%
HTH	D	0.14%
B	D	0.14%
AWI	C	0.14%
CACC	D	0.14%
SCS	C	0.14%
EBC	C	0.14%
AZEK	C	0.13%
SHOO	C	0.13%
NEOG	D	0.13%
CVCO	C	0.13%
WOLF	F	0.13%
EYE	F	0.13%
KREF	D	0.13%
TDC	D	0.13%
BRKR	D	0.13%
BOOT	A	0.13%
IRDM	B	0.13%
PAYC	D	0.13%
CWEN	B	0.13%
NTCT	D	0.13%
AZTA	D	0.13%
JBLU	F	0.13%
FN	C	0.13%
TTD	B	0.13%
HEES	D	0.13%
CWT	C	0.13%
MRC	D	0.13%
HLX	A	0.13%
GLOB	F	0.12%
NOG	A	0.12%
PUMP	B	0.12%
IBP	B	0.12%
OEC	B	0.12%
LRN	B	0.12%
IBKR	A	0.12%
SABR	B	0.12%
DAY	D	0.12%
CAKE	B	0.12%
BRSP	D	0.12%
KLIC	D	0.12%
CUBI	D	0.12%
WWW	B	0.12%
ONTO	B	0.12%
MORN	D	0.12%
CFFN	F	0.12%
NBTB	B	0.12%
DORM	C	0.12%
LOPE	C	0.12%
SYNA	D	0.12%
CDE	A	0.12%
PLUS	C	0.12%
DAC	A	0.12%
SNBR	F	0.12%
CYH	B	0.12%
CHDN	A	0.12%
CWH	F	0.12%
SNEX	B	0.12%
PSN	C	0.12%
PRK	A	0.12%
KOP	D	0.12%
LZB	D	0.12%
WSBC	D	0.12%
GFS	D	0.12%
BHE	A	0.12%
SNDR	F	0.12%
PSTG	A	0.12%
IOSP	D	0.12%
OII	A	0.12%
BKE	C	0.12%
LAUR	A	0.12%
HCSG	F	0.12%
PLTR	C	0.12%
BZH	D	0.12%
MWA	A	0.11%
VBTX	A	0.11%
SMPL	C	0.11%
TREX	C	0.11%
FCF	B	0.11%
CMPR	D	0.11%
SAFT	D	0.11%
OSIS	B	0.11%
BV	A	0.11%
HAYW	C	0.11%
BRY	A	0.11%
STBA	B	0.11%
ZWS	D	0.11%
AIR	A	0.11%
HASI	B	0.11%
MMSI	C	0.11%
CCO	F	0.11%
ZI	D	0.11%
GDOT	D	0.11%
AIN	D	0.11%
EIG	C	0.11%
SFBS	C	0.11%
DHT	A	0.11%
MRCY	D	0.11%
FICO	D	0.11%
LANC	D	0.11%
SPTN	F	0.11%
AMSF	F	0.11%
STRL	B	0.11%
LYFT	D	0.11%
OCFC	C	0.11%
HZO	F	0.11%
IART	F	0.11%
OMCL	D	0.11%
CODI	D	0.11%
PLUG	F	0.11%
PANW	B	0.11%
FSS	A	0.11%
PRAA	C	0.11%
CCOI	D	0.11%
UCTT	C	0.11%
JBT	F	0.11%
VIAV	F	0.1%
SAM	F	0.1%
AEIS	D	0.1%
BUSE	C	0.1%
SLAB	D	0.1%
DOCU	A	0.1%
THRM	D	0.1%
MTW	F	0.1%
OLED	D	0.1%
MGRC	C	0.1%
CPK	A	0.1%
CACC	D	0.1%
NMRK	C	0.1%
AFRM	D	0.1%
HOV	B	0.1%
SGRY	F	0.1%
FTDR	D	0.1%
RDNT	A	0.1%
MNRO	F	0.1%
TDOC	F	0.1%
SXC	D	0.1%
CAL	C	0.1%
OFG	B	0.1%
SJW	F	0.1%
DBI	D	0.1%
SIRI	F	0.1%
EGBN	F	0.1%
WNC	D	0.1%
RWT	D	0.1%
AZZ	B	0.1%
CBZ	D	0.1%
YETI	F	0.1%
EFSC	D	0.1%
BSY	A	0.1%
LC	C	0.1%
U	F	0.1%
NNI	A	0.1%
ENPH	D	0.1%
GPRE	F	0.1%
NVRI	C	0.1%
DLX	B	0.1%
VAL	D	0.1%
LIVN	B	0.1%
RGEN	D	0.1%
GNK	A	0.1%
ROG	C	0.1%
CRK	A	0.1%
EXLS	F	0.1%
ENV	A	0.1%
AMBC	C	0.1%
NPO	D	0.1%
VRTS	C	0.1%
JACK	F	0.09%
TRS	A	0.09%
PRDO	A	0.09%
BANF	B	0.09%
INSW	A	0.09%
CSGS	F	0.09%
RRR	B	0.09%
EMBC	F	0.09%
PTVE	A	0.09%
YELP	B	0.09%
REYN	C	0.09%
DT	D	0.09%
WING	A	0.09%
CNS	C	0.09%
SUPN	C	0.09%
PRA	B	0.09%
KELYA	D	0.09%
TRTX	A	0.09%
PZZA	D	0.09%
BRKL	F	0.09%
GFF	C	0.09%
APOG	A	0.09%
LPG	A	0.09%
SLCA	A	0.09%
DKNG	C	0.09%
SONO	D	0.09%
CNSL	C	0.09%
SKYW	A	0.09%
AXON	B	0.09%
ASIX	F	0.09%
CWST	D	0.09%
BCPC	D	0.09%
ECVT	D	0.09%
WOR	C	0.09%
KWR	C	0.09%
GWRE	C	0.09%
AMC	F	0.09%
SCHL	D	0.09%
ROCK	D	0.09%
SBCF	D	0.09%
AWR	D	0.09%
CLW	B	0.09%
SASR	D	0.09%
DDS	B	0.09%
AVNS	F	0.09%
MATW	D	0.09%
ICFI	C	0.09%
TRIP	B	0.09%
RGR	B	0.09%
TNC	B	0.09%
OXM	A	0.09%
HAIN	F	0.09%
CENX	A	0.09%
OPK	B	0.08%
ETWO	B	0.08%
DCOM	B	0.08%
CASH	A	0.08%
ETD	D	0.08%
GSL	A	0.08%
MIR	A	0.08%
FBK	A	0.08%
PLAB	C	0.08%
ETSY	D	0.08%
MTRN	D	0.08%
SPNT	C	0.08%
CLB	C	0.08%
KN	B	0.08%
CMRE	A	0.08%
POWI	D	0.08%
COMM	F	0.08%
NHC	C	0.08%
MERC	A	0.08%
HLIO	B	0.08%
VRNT	B	0.08%
FBNC	D	0.08%
NWLI	A	0.08%
BHLB	B	0.08%
SWBI	A	0.08%
TITN	F	0.08%
WABC	B	0.08%
FOXF	F	0.08%
UIS	B	0.08%
TNP	A	0.08%
HUBS	B	0.08%
ASTE	A	0.08%
SBSI	F	0.08%
BALY	A	0.08%
TILE	B	0.08%
CHH	D	0.08%
ARCO	D	0.08%
XPRO	A	0.08%
BRBR	C	0.08%
BLKB	B	0.08%
SBOW	C	0.08%
ESE	B	0.08%
FORM	B	0.08%
GES	A	0.08%
IDCC	C	0.08%
THRY	A	0.08%
RCM	F	0.08%
COMP	D	0.08%
PRM	B	0.08%
AGM	B	0.08%
TBI	F	0.08%
CCRN	F	0.08%
NBHC	D	0.08%
EBS	F	0.08%
CNMD	F	0.08%
CRWD	C	0.08%
DXPE	B	0.07%
VCTR	A	0.07%
HVT	C	0.07%
MQ	F	0.07%
TMP	D	0.07%
OSCR	A	0.07%
PLNT	D	0.07%
SNDL	B	0.07%
MATX	C	0.07%
WHD	A	0.07%
QRTEA	D	0.07%
LKFN	D	0.07%
FLGT	F	0.07%
NX	D	0.07%
ADUS	D	0.07%
MRTN	D	0.07%
PTON	F	0.07%
FRPT	C	0.07%
HAFC	C	0.07%
PODD	F	0.07%
NIC	C	0.07%
PRGS	F	0.07%
KODK	D	0.07%
EGY	B	0.07%
FWRD	F	0.07%
WTTR	A	0.07%
CHGG	F	0.07%
SMP	D	0.07%
HURN	D	0.07%
KFRC	C	0.07%
BSIG	B	0.07%
VREX	F	0.07%
SP	B	0.07%
GRBK	C	0.07%
TOST	B	0.07%
CMCO	C	0.07%
HFWA	F	0.07%
BMI	A	0.07%
KTOS	B	0.07%
TPC	A	0.07%
PLAY	D	0.07%
CNOB	F	0.07%
EVH	F	0.07%
TCBK	D	0.07%
MEDP	C	0.07%
TDW	A	0.07%
LBAI	B	0.07%
GOLF	C	0.07%
SGH	D	0.07%
ALG	D	0.07%
NTGR	C	0.07%
EVTC	C	0.07%
JRVR	F	0.07%
CMTG	F	0.07%
DO	B	0.07%
RDUS	F	0.07%
MXL	C	0.07%
PEBO	A	0.07%
NOVT	C	0.07%
CHEF	C	0.07%
DFIN	A	0.07%
CNDT	D	0.07%
EXPO	A	0.07%
CRGY	F	0.07%
VIR	F	0.07%
JJSF	F	0.07%
ZEUS	D	0.07%
GCO	D	0.07%
CHCO	A	0.07%
CMP	F	0.07%
LGF.A	A	0.07%
DIN	D	0.07%
TPG	C	0.07%
CPS	B	0.07%
HIBB	A	0.07%
DDOG	B	0.07%
CARG	B	0.07%
RPAY	B	0.06%
TEAM	F	0.06%
TBBK	F	0.06%
AVAV	A	0.06%
BANC	C	0.06%
NR	B	0.06%
ZIMV	C	0.06%
ZUMZ	C	0.06%
AOSL	D	0.06%
QCRH	D	0.06%
GPMT	D	0.06%
CSWI	A	0.06%
BMBL	D	0.06%
HTBK	F	0.06%
DNUT	D	0.06%
ACRE	D	0.06%
PRLB	F	0.06%
WASH	C	0.06%
AGL	F	0.06%
LSCC	D	0.06%
PLYA	D	0.06%
GDEN	F	0.06%
MTSI	A	0.06%
OPI	F	0.06%
REX	A	0.06%
PATH	D	0.06%
NEO	D	0.06%
NTRA	A	0.06%
AAON	A	0.06%
REVG	B	0.06%
RKT	C	0.06%
GPOR	A	0.06%
MBUU	F	0.06%
UVSP	B	0.06%
DX	C	0.06%
ALRM	C	0.06%
MANH	F	0.06%
ROAD	B	0.06%
CPF	A	0.06%
OBK	B	0.06%
DBX	C	0.06%
DRVN	F	0.06%
FFWM	F	0.06%
MYE	A	0.06%
TUP	F	0.06%
SRCE	D	0.06%
UTL	C	0.06%
SYBT	B	0.06%
SXI	C	0.06%
VTOL	C	0.06%
PFBC	A	0.06%
INVA	B	0.06%
ACLS	D	0.06%
HSII	C	0.06%
SENEA	A	0.06%
KAI	D	0.06%
TNK	A	0.06%
MP	C	0.06%
ALKS	D	0.06%
AAN	F	0.06%
COHU	D	0.06%
DCO	A	0.06%
AGIO	A	0.06%
ICHR	C	0.06%
JBSS	D	0.06%
HY	D	0.06%
PCRX	F	0.06%
WOOF	F	0.06%
VRRM	A	0.06%
TPIC	F	0.06%
RYAM	D	0.06%
UVE	B	0.06%
WRLD	A	0.06%
TK	B	0.06%
EVRI	F	0.06%
MED	F	0.06%
CRSP	F	0.06%
ACCO	F	0.06%
PFC	B	0.06%
LCID	F	0.05%
MGNI	D	0.05%
NAT	C	0.05%
SPWH	D	0.05%
EBF	D	0.05%
FG	B	0.05%
CRMT	F	0.05%
REI	B	0.05%
SPSC	C	0.05%
FBMS	F	0.05%
LESL	F	0.05%
VCYT	F	0.05%
USPH	C	0.05%
ADV	A	0.05%
BJRI	C	0.05%
PLOW	F	0.05%
VSEC	B	0.05%
S	C	0.05%
KRO	A	0.05%
MBWM	C	0.05%
RNA	A	0.05%
CORT	D	0.05%
PRVA	F	0.05%
INFN	C	0.05%
HTLD	F	0.05%
CYBR	C	0.05%
NTLA	F	0.05%
RGP	F	0.05%
ACMR	D	0.05%
DHIL	C	0.05%
CERT	D	0.05%
CALX	F	0.05%
CTS	B	0.05%
PCTY	F	0.05%
HBNC	D	0.05%
TREE	C	0.05%
MYGN	F	0.05%
LNN	D	0.05%
TRST	D	0.05%
SB	A	0.05%
HALO	D	0.05%
MSGE	A	0.05%
MMI	D	0.05%
DRQ	D	0.05%
FMBH	B	0.05%
GPRK	B	0.05%
IHRT	F	0.05%
RMBS	D	0.05%
SSYS	F	0.05%
BBSI	B	0.05%
THR	A	0.05%
HMST	D	0.05%
MLR	B	0.05%
KRNY	F	0.05%
LOB	F	0.05%
TWI	F	0.05%
IONS	D	0.05%
HLNE	B	0.05%
ONON	C	0.05%
TNDM	A	0.05%
CWEN	B	0.05%
USNA	F	0.05%
GLDD	F	0.05%
RYAN	D	0.05%
MEI	F	0.05%
LXU	B	0.05%
NVEE	D	0.05%
HWKN	B	0.05%
WOW	F	0.05%
AGX	A	0.05%
TAST	A	0.05%
RAMP	D	0.05%
PEN	F	0.05%
CNXN	C	0.05%
TGI	C	0.05%
IIIN	F	0.05%
LNTH	B	0.05%
NTNX	C	0.05%
ASTH	D	0.05%
CVGW	D	0.05%
SGBX	F	0.05%
GCI	B	0.05%
STEP	A	0.05%
SCVL	A	0.05%
WDFC	F	0.05%
OIS	F	0.05%
QLYS	A	0.05%
KNSL	F	0.05%
GABC	D	0.05%
AMRC	D	0.05%
MRVI	F	0.05%
KE	F	0.05%
HCP	A	0.04%
RBLX	D	0.04%
LICY	F	0.04%
ALGM	D	0.04%
NCNO	F	0.04%
FLIC	D	0.04%
GKOS	A	0.04%
PAHC	B	0.04%
ARRY	F	0.04%
DDD	F	0.04%
MCFT	F	0.04%
MSEX	D	0.04%
PETQ	D	0.04%
PCOR	D	0.04%
MEG	A	0.04%
SAVE	F	0.04%
ALTG	D	0.04%
NET	C	0.04%
ITOS	F	0.04%
CTO	A	0.04%
NWPX	D	0.04%
NPK	A	0.04%
LYEL	C	0.04%
DOCS	F	0.04%
UPST	F	0.04%
CLOV	F	0.04%
CARS	D	0.04%
ALTO	F	0.04%
RMR	C	0.04%
MX	F	0.04%
THFF	B	0.04%
NVGS	B	0.04%
CAC	D	0.04%
SWAV	A	0.04%
FA	B	0.04%
FNKO	F	0.04%
CATC	B	0.04%
RVLV	B	0.04%
RIOT	D	0.04%
QNST	A	0.04%
MSBI	F	0.04%
FOUR	F	0.04%
DM	C	0.04%
CIO	B	0.04%
DNA	F	0.04%
VECO	B	0.04%
RVMD	A	0.04%
BE	D	0.04%
MCRI	D	0.04%
ELF	C	0.04%
EXPI	F	0.04%
LGF.A	A	0.04%
OSG	C	0.04%
HAYN	A	0.04%
WTI	F	0.04%
ONEW	F	0.04%
VMEO	D	0.04%
DVAX	F	0.04%
PGC	F	0.04%
DGII	B	0.04%
GRC	D	0.04%
IBCP	B	0.04%
PACK	A	0.04%
MGPI	D	0.04%
INMD	F	0.04%
DSX	C	0.04%
RNG	D	0.04%
ILPT	F	0.04%
FOR	D	0.04%
KRNT	D	0.04%
FLWS	C	0.04%
EPAC	A	0.04%
LILA	A	0.04%
TSE	F	0.04%
QTWO	A	0.04%
VZIO	C	0.04%
FSLY	D	0.04%
AMTB	D	0.04%
MODV	F	0.04%
AVO	B	0.04%
IESC	A	0.04%
CVLT	B	0.04%
FF	B	0.04%
EFC	C	0.04%
PRFT	F	0.04%
UFCS	D	0.04%
MTRX	D	0.04%
STAA	B	0.04%
VNDA	B	0.04%
RXT	D	0.04%
CTBI	A	0.04%
PJT	C	0.04%
EXTR	F	0.04%
FIZZ	F	0.04%
NFBK	D	0.04%
COLL	C	0.04%
LGND	D	0.04%
SSTK	D	0.04%
GIC	D	0.04%
MCB	B	0.04%
CFB	C	0.04%
SHYF	D	0.04%
DNLI	F	0.04%
GPRO	F	0.04%
IPI	D	0.04%
CRAI	A	0.04%
MDB	C	0.04%
IRBT	F	0.04%
TTI	B	0.04%
SSP	F	0.04%
ASC	A	0.04%
GSM	A	0.04%
IPAR	F	0.04%
AMRX	B	0.04%
SHAK	B	0.04%
SHEN	F	0.04%
RES	D	0.04%
LXFR	C	0.04%
USAP	A	0.03%
GLRE	B	0.03%
NGS	A	0.03%
WW	F	0.03%
PANL	C	0.03%
RBCAA	B	0.03%
BBW	A	0.03%
AFCG	B	0.03%
LE	A	0.03%
GTX	B	0.03%
TARO	A	0.03%
TENB	C	0.03%
SMHI	B	0.03%
ALRS	D	0.03%
ESTC	B	0.03%
INFA	D	0.03%
IOVA	D	0.03%
TTEC	F	0.03%
STGW	B	0.03%
FIVN	D	0.03%
NVCR	F	0.03%
PETS	F	0.03%
CLNE	F	0.03%
HLIT	F	0.03%
MMYT	B	0.03%
GASS	C	0.03%
CECO	A	0.03%
CDNA	F	0.03%
ATRI	F	0.03%
BFC	D	0.03%
AI	F	0.03%
SKWD	D	0.03%
CCNE	D	0.03%
DV	D	0.03%
LSEA	C	0.03%
EQBK	A	0.03%
ARKO	D	0.03%
MCBC	A	0.03%
CHUY	F	0.03%
HRTG	A	0.03%
ITRN	D	0.03%
CASS	D	0.03%
FSP	D	0.03%
UFPT	D	0.03%
ANGO	D	0.03%
CSV	D	0.03%
CVEO	B	0.03%
SHC	D	0.03%
MBIN	C	0.03%
AMBA	F	0.03%
ANET	C	0.03%
FCBC	B	0.03%
XENE	D	0.03%
MUX	A	0.03%
NFE	F	0.03%
COUR	F	0.03%
PNTG	A	0.03%
SRCL	F	0.03%
CAAP	A	0.03%
AGS	C	0.03%
XNCR	D	0.03%
AMK	D	0.03%
LOCO	C	0.03%
EE	A	0.03%
RRGB	F	0.03%
TPB	A	0.03%
BOOM	F	0.03%
HONE	B	0.03%
ACEL	B	0.03%
CTRN	D	0.03%
JBI	B	0.03%
AGTI	B	0.03%
TWST	C	0.03%
FRSH	D	0.03%
CRSR	D	0.03%
EVBG	B	0.03%
APEI	A	0.03%
APPS	F	0.03%
AMPH	D	0.03%
JOUT	F	0.03%
ALGT	F	0.03%
BOX	D	0.03%
DAKT	B	0.03%
LMND	B	0.03%
AXNX	D	0.03%
CRNC	F	0.03%
TGLS	B	0.03%
AROW	C	0.03%
VPG	C	0.03%
DFH	C	0.03%
EHTH	F	0.03%
BLBD	B	0.03%
SD	B	0.03%
ALTR	C	0.03%
SIGA	A	0.03%
BFST	D	0.03%
SFIX	F	0.03%
JOE	A	0.03%
ACVA	B	0.03%
SMAR	D	0.03%
VVI	C	0.03%
CCSI	F	0.03%
NKTR	B	0.03%
NUVB	B	0.03%
IMXI	B	0.03%
TIPT	F	0.03%
ATNI	F	0.03%
ITCI	B	0.03%
DENN	F	0.03%
TRUP	D	0.03%
RNW	F	0.03%
PCVX	D	0.03%
WIX	D	0.03%
SRPT	B	0.03%
UTZ	B	0.03%
FFIC	F	0.03%
GSBC	A	0.03%
MOV	D	0.03%
BY	B	0.03%
MCS	F	0.03%
IMAX	A	0.03%
CDLX	B	0.03%
SAGE	F	0.03%
BAND	A	0.03%
QS	F	0.03%
OFIX	F	0.03%
PUBM	A	0.03%
CELH	C	0.03%
BPMC	B	0.03%
IRWD	F	0.03%
RDFN	F	0.03%
OSBC	B	0.03%
AVD	D	0.03%
IDT	D	0.03%
SRI	D	0.03%
TFSL	D	0.03%
PLMR	A	0.03%
VRNS	C	0.03%
INSP	B	0.03%
LASR	D	0.02%
JILL	D	0.02%
MYPS	F	0.02%
HDSN	F	0.02%
FLL	B	0.02%
TELL	F	0.02%
PTCT	D	0.02%
RM	A	0.02%
ASLE	F	0.02%
RLGT	D	0.02%
OSW	C	0.02%
MG	B	0.02%
HCAT	F	0.02%
TRNS	A	0.02%
GCMG	B	0.02%
PL	F	0.02%
NINE	D	0.02%
WINA	D	0.02%
BLFS	B	0.02%
PCT	F	0.02%
UTI	B	0.02%
GROY	A	0.02%
STEM	F	0.02%
DOCN	C	0.02%
TWOU	F	0.02%
LINC	B	0.02%
BRT	A	0.02%
CARE	D	0.02%
HIMS	C	0.02%
SILC	D	0.02%
PHR	F	0.02%
CSTL	C	0.02%
VICR	F	0.02%
NRC	F	0.02%
XPEL	D	0.02%
AJX	F	0.02%
LMNR	A	0.02%
ARAY	F	0.02%
MLNK	D	0.02%
RKLB	F	0.02%
MCBS	B	0.02%
BW	F	0.02%
FRBA	F	0.02%
NARI	F	0.02%
PRPL	F	0.02%
GNE	F	0.02%
FRHC	D	0.02%
NEWT	D	0.02%
NRIM	B	0.02%
AMWL	F	0.02%
CHMI	C	0.02%
ZETA	A	0.02%
FWRG	C	0.02%
MOFG	F	0.02%
ASPN	C	0.02%
CTKB	F	0.02%
CVLY	B	0.02%
PDFS	D	0.02%
SPFI	B	0.02%
OPRT	D	0.02%
FORR	F	0.02%
EGRX	F	0.02%
GENI	D	0.02%
NBN	C	0.02%
PINE	D	0.02%
ZIP	F	0.02%
MCW	D	0.02%
TH	B	0.02%
KURA	C	0.02%
PWSC	F	0.02%
JAKK	F	0.02%
SMBK	D	0.02%
BHR	B	0.02%
TCX	D	0.02%
SHLS	F	0.02%
SNCY	F	0.02%
ACAD	F	0.02%
MITT	C	0.02%
TLYS	D	0.02%
ME	F	0.02%
ZUO	A	0.02%
ZNTL	F	0.02%
CRNX	B	0.02%
CMT	B	0.02%
AUPH	F	0.02%
SEER	D	0.02%
ALHC	D	0.02%
ULCC	D	0.02%
IIIV	A	0.02%
SWIM	D	0.02%
CLAR	C	0.02%
MNDY	C	0.02%
SPOK	C	0.02%
BL	C	0.02%
GTLB	C	0.02%
CRNT	C	0.02%
NATR	A	0.02%
UDMY	D	0.02%
VLGEA	A	0.02%
GRNT	B	0.02%
CTOS	F	0.02%
WSBF	C	0.02%
PLPC	D	0.02%
RICK	F	0.02%
PAX	D	0.02%
WRBY	D	0.02%
POWW	A	0.02%
HSTM	C	0.02%
ULH	B	0.02%
DGICA	F	0.02%
NGVC	B	0.02%
ARWR	F	0.02%
SHBI	D	0.02%
FLXS	B	0.02%
REPL	F	0.02%
ALCO	B	0.02%
GOGO	D	0.02%
CYRX	D	0.02%
OLO	D	0.02%
BWMX	B	0.02%
ORGN	C	0.02%
AUR	B	0.02%
FIGS	D	0.02%
TSVT	F	0.02%
STHO	F	0.02%
AFYA	D	0.02%
PKE	D	0.02%
PRTA	F	0.02%
RLAY	F	0.02%
PEGA	C	0.02%
OSPN	B	0.02%
DUOL	B	0.02%
ZS	D	0.02%
MEC	A	0.02%
AVNW	C	0.02%
ALNY	F	0.02%
IGIC	A	0.02%
HTBI	B	0.02%
DOUG	F	0.02%
TRC	A	0.02%
HCI	A	0.02%
RBBN	B	0.02%
SFST	F	0.02%
GRPN	D	0.02%
BOC	C	0.02%
INGN	D	0.02%
AMSWA	F	0.02%
BARK	D	0.02%
DESP	A	0.02%
TTGT	D	0.02%
TBRG	F	0.02%
WLDN	A	0.02%
SMMF	A	0.02%
YORW	C	0.02%
RNGR	F	0.02%
ACCD	F	0.02%
UPWK	D	0.02%
ENTA	F	0.02%
SWTX	C	0.02%
LYTS	B	0.02%
NABL	D	0.02%
EWCZ	D	0.02%
EGHT	F	0.02%
NVRO	F	0.02%
ORRF	B	0.02%
RMAX	F	0.02%
VITL	A	0.02%
BELFB	D	0.02%
NVAX	F	0.02%
FUBO	F	0.02%
HOFT	F	0.02%
ARTNA	F	0.02%
ATRC	F	0.02%
CCB	B	0.02%
FCEL	F	0.02%
PLCE	F	0.02%
ATEN	B	0.02%
NRIX	B	0.02%
FROG	C	0.02%
BMRC	D	0.02%
BHB	B	0.02%
RMBL	F	0.02%
ACNB	D	0.02%
IRTC	B	0.02%
SMBC	F	0.02%
RARE	C	0.02%
QURE	F	0.02%
SPWR	F	0.02%
ASRT	F	0.02%
SLDP	D	0.02%
OSUR	F	0.02%
VTNR	F	0.02%
HEAR	B	0.02%
HIFS	B	0.02%
PAR	C	0.02%
HA	D	0.02%
ARLO	B	0.02%
CLBK	C	0.02%
POWL	B	0.02%
DCGO	F	0.02%
RCUS	D	0.02%
FARO	C	0.02%
DXLG	D	0.02%
LMAT	B	0.02%
TXG	F	0.02%
NOVA	F	0.02%
LOVE	D	0.02%
GEVO	F	0.02%
JAMF	A	0.02%
GLBE	D	0.02%
AHT	F	0.02%
ANIK	B	0.02%
PKOH	C	0.02%
SBR	B	0.02%
FRST	F	0.02%
SOI	A	0.02%
REAL	A	0.02%
RCKY	C	0.02%
SWI	C	0.02%
SGC	A	0.02%
VTYX	F	0.02%
SITM	D	0.02%
RDWR	D	0.02%
BWB	A	0.02%
ATRO	D	0.02%
LFST	D	0.02%
CFLT	C	0.02%
FLYW	F	0.02%
BEAM	F	0.02%
LMB	B	0.02%
FSTR	D	0.02%
MLAB	D	0.02%
PGNY	F	0.02%
HCKT	D	0.02%
CVGI	F	0.02%
BGFV	F	0.02%
MSGS	B	0.02%
PTLO	F	0.02%
VRA	D	0.02%
AMAL	B	0.02%
RBB	A	0.02%
FISI	D	0.02%
CGNT	C	0.02%
CCBG	D	0.02%
PYCR	D	0.02%
KRYS	D	0.02%
CPRX	D	0.02%
TG	B	0.02%
RGNX	F	0.02%
BRP	D	0.02%
INBK	D	0.02%
ANIP	D	0.02%
NAPA	D	0.02%
MSTR	D	0.02%
ZGN	D	0.02%
SGHC	F	0.02%
FMNB	D	0.02%
CRVL	C	0.02%
SGMO	F	0.01%
AMPS	F	0.01%
ENVX	F	0.01%
AAOI	F	0.01%
MAXN	F	0.01%
SPCE	F	0.01%
PACB	F	0.01%
CRBU	F	0.01%
KOD	F	0.01%
NDLS	F	0.01%
RXRX	F	0.01%
XMTR	F	0.01%
VERV	F	0.01%
OM	F	0.01%
ARCT	F	0.01%
INDI	D	0.01%
QTRX	F	0.01%
KLXE	F	0.01%
UPLD	F	0.01%
PRTS	F	0.01%
MORF	F	0.01%
BRZE	D	0.01%
BIRD	F	0.01%
IAS	F	0.01%
JOBY	D	0.01%
QUAD	F	0.01%
BBCP	D	0.01%
WK	D	0.01%
PBPB	C	0.01%
CMTL	F	0.01%
CWCO	D	0.01%
MPAA	D	0.01%
HNRG	F	0.01%
ONTF	D	0.01%
FOLD	F	0.01%
CONN	B	0.01%
NRDS	D	0.01%
LL	F	0.01%
PLRX	F	0.01%
IDYA	C	0.01%
DLO	F	0.01%
NKLA	F	0.01%
LEGH	D	0.01%
FSBW	D	0.01%
CHPT	F	0.01%
COFS	C	0.01%
FLNC	B	0.01%
FVRR	D	0.01%
CCCC	D	0.01%
CDMO	D	0.01%
RPD	D	0.01%
NOTV	F	0.01%
OLPX	F	0.01%
IREN	D	0.01%
YOU	F	0.01%
ESQ	B	0.01%
OABI	F	0.01%
EVC	F	0.01%
MVBF	F	0.01%
RRBI	D	0.01%
MFIN	D	0.01%
OBT	D	0.01%
GDYN	F	0.01%
DH	F	0.01%
ALLO	F	0.01%
EDIT	F	0.01%
TRUE	D	0.01%
BLDE	B	0.01%
VCEL	C	0.01%
IBEX	F	0.01%
MARA	D	0.01%
BPT	F	0.01%
RCKT	F	0.01%
NNBR	D	0.01%
FET	B	0.01%
PFIS	D	0.01%
ORGO	F	0.01%
FATE	F	0.01%
CRD.B	B	0.01%
BLFY	D	0.01%
DNMR	F	0.01%
CGEM	A	0.01%
APPF	B	0.01%
NECB	B	0.01%
NKSH	F	0.01%
ADPT	F	0.01%
TCMD	F	0.01%
SLQT	D	0.01%
FOSL	F	0.01%
CLDX	D	0.01%
FUNC	A	0.01%
YEXT	F	0.01%
ARVN	D	0.01%
UEC	A	0.01%
HBT	D	0.01%
KYMR	D	0.01%
PSTL	D	0.01%
UNTY	B	0.01%
CEVA	D	0.01%
FC	B	0.01%
IHS	B	0.01%
CLFD	D	0.01%
SKLZ	F	0.01%
CDRE	D	0.01%
RELL	C	0.01%
HRMY	D	0.01%
INSE	F	0.01%
LCUT	D	0.01%
LQDT	D	0.01%
ODC	D	0.01%
LPRO	F	0.01%
AKRO	F	0.01%
FRPH	B	0.01%
MITK	B	0.01%
CZFS	F	0.01%
SDGR	F	0.01%
UFI	D	0.01%
EPM	D	0.01%
MPB	C	0.01%
ERII	F	0.01%
KIDS	B	0.01%
CXM	D	0.01%
TWKS	F	0.01%
ACDC	D	0.01%
LPSN	F	0.0%
BELFA	B	0.0%
BNED	F	0.0%

PRFZ Underweight 63 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	F	-10.3%
EQIX	F	-7.18%
WELL	A	-4.61%
SPG	C	-4.49%
DLR	B	-4.13%
O	A	-4.1%
PSA	D	-4.08%
EXR	D	-3.02%
VICI	D	-2.77%
AVB	A	-2.68%
IRM	B	-2.31%
EQR	A	-2.29%
INVH	B	-2.14%
ARE	D	-1.92%
VTR	B	-1.79%
ESS	A	-1.6%
SUI	D	-1.55%
MAA	C	-1.53%
HST	D	-1.42%
DOC	A	-1.33%
KIM	D	-1.25%
UDR	A	-1.22%
WPC	F	-1.18%
AMH	B	-1.17%
ELS	F	-1.16%
GLPI	F	-1.15%
CPT	A	-1.02%
CUBE	D	-1.01%
REG	D	-1.01%
BXP	C	-0.92%
REXR	F	-0.82%
OHI	B	-0.75%
EGP	F	-0.75%
NNN	C	-0.75%
FRT	A	-0.75%
FR	D	-0.68%
BRX	C	-0.67%
COLD	F	-0.66%
STAG	D	-0.66%
AIRC	A	-0.61%
ADC	B	-0.52%
KRG	A	-0.47%
VNO	C	-0.45%
PECO	D	-0.4%
PK	C	-0.39%
KRC	D	-0.37%
IRT	A	-0.37%
MAC	C	-0.36%
CUZ	B	-0.36%
SLG	A	-0.35%
APLE	D	-0.35%
SBRA	C	-0.33%
EPR	D	-0.32%
MPW	C	-0.31%
HIW	A	-0.27%
LXP	F	-0.25%
DEI	B	-0.24%
DRH	C	-0.2%
RLJ	D	-0.19%
JBGS	D	-0.16%
HPP	F	-0.09%
BDN	A	-0.08%
INN	D	-0.07%