PTLC vs. IUS ETF Comparison

Comparison of Pacer Trendpilot 750 ETF (PTLC) to Invesco Strategic US ETF (IUS)

PTLC

Pacer Trendpilot 750 ETF

PTLC Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Wilshire US Large-Cap Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.35

Average Daily Volume

150,581

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

IUS

Invesco Strategic US ETF

IUS Description

The investment seeks to track the investment results (before fees and expenses) of the Invesco Strategic US Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. It generally invests in all of the securities comprising its underlying index in proportion to their weightings in the underlying index. The underlying index is designed to measure the performance of equity securities issued by higher quality, large-business-sized companies designated as U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.14

Average Daily Volume

65,417

Number of Holdings ^*

541

* may have additional holdings in another (foreign) market

Performance

Period	PTLC	IUS
30 Days	2.71%	2.56%
60 Days	5.14%	4.24%
90 Days	5.31%	6.15%
12 Months	30.81%	27.43%

366 Overlapping Holdings

	Symbol	Grade	Weight in PTLC	Weight in IUS	Overlap
	A	C	0.09%	0.06%	0.06%
	AAL	D	0.02%	0.02%	0.02%
	AAPL	C	6.74%	4.86%	4.86%
	ABBV	B	0.72%	0.73%	0.72%
	ABNB	D	0.11%	0.12%	0.11%
	ABT	C	0.42%	0.38%	0.38%
	ACGL	B	0.09%	0.12%	0.09%
	ACN	C	0.44%	0.48%	0.44%
	ADBE	F	0.48%	0.28%	0.28%
	ADM	D	0.06%	0.32%	0.06%
	ADP	C	0.24%	0.16%	0.16%
	ADSK	B	0.12%	0.07%	0.07%
	AES	C	0.03%	0.06%	0.03%
	AIZ	B	0.02%	0.05%	0.02%
	AKAM	D	0.03%	0.05%	0.03%
	ALB	D	0.02%	0.05%	0.02%
	ALGN	D	0.04%	0.03%	0.03%
	ALL	C	0.11%	0.25%	0.11%
	AMAT	D	0.33%	0.25%	0.25%
	AMCR	B	0.03%	0.08%	0.03%
	AMD	C	0.51%	0.24%	0.24%
	AME	C	0.08%	0.06%	0.06%
	AMGN	D	0.38%	0.26%	0.26%
	AMZN	C	3.61%	1.98%	1.98%
	ANET	C	0.19%	0.04%	0.04%
	ANSS	D	0.06%	0.03%	0.03%
	AON	B	0.16%	0.15%	0.15%
	AOS	B	0.02%	0.03%	0.02%
	APA	F	0.02%	0.06%	0.02%
	APD	B	0.14%	0.14%	0.14%
	APH	C	0.16%	0.09%	0.09%
	APTV	D	0.04%	0.07%	0.04%
	AVGO	C	1.48%	0.81%	0.81%
	AVY	C	0.04%	0.04%	0.04%
	AXP	B	0.31%	0.5%	0.31%
	AZO	B	0.11%	0.14%	0.11%
	BA	F	0.19%	0.12%	0.12%
	BALL	C	0.04%	0.05%	0.04%
	BAX	C	0.04%	0.08%	0.04%
	BBY	A	0.04%	0.16%	0.04%
	BDX	D	0.14%	0.16%	0.14%
	BEN	F	0.01%	0.03%	0.01%
	BG	F	0.03%	0.14%	0.03%
	BIIB	F	0.06%	0.06%	0.06%
	BKNG	B	0.29%	0.36%	0.29%
	BKR	C	0.07%	0.14%	0.07%
	BLDR	C	0.05%	0.13%	0.05%
	BMY	C	0.21%	0.56%	0.21%
	BR	C	0.05%	0.04%	0.04%
	BRK.A	C	1.75%	2.91%	1.75%
	BRO	C	0.05%	0.03%	0.03%
	BSX	B	0.26%	0.11%	0.11%
	BWA	C	0.02%	0.06%	0.02%
	BX	C	0.23%	0.22%	0.22%
	CAG	B	0.03%	0.08%	0.03%
	CAH	C	0.06%	0.44%	0.06%
	CARR	B	0.14%	0.12%	0.12%
	CAT	B	0.37%	0.47%	0.37%
	CB	B	0.25%	0.45%	0.25%
	CBOE	C	0.05%	0.03%	0.03%
	CBRE	B	0.08%	0.13%	0.08%
	CCL	C	0.04%	0.09%	0.04%
	CDNS	D	0.16%	0.05%	0.05%
	CDW	D	0.06%	0.07%	0.06%
	CE	D	0.03%	0.05%	0.03%
	CEG	C	0.13%	0.05%	0.05%
	CF	B	0.03%	0.09%	0.03%
	CHD	C	0.05%	0.04%	0.04%
	CHRW	B	0.03%	0.08%	0.03%
	CHTR	D	0.07%	0.28%	0.07%
	CI	C	0.22%	0.7%	0.22%
	CINF	C	0.05%	0.09%	0.05%
	CL	C	0.18%	0.14%	0.14%
	CLX	C	0.04%	0.04%	0.04%
	CMCSA	C	0.33%	1.09%	0.33%
	CMG	D	0.16%	0.05%	0.05%
	CMI	B	0.09%	0.15%	0.09%
	CMS	B	0.04%	0.07%	0.04%
	CNC	D	0.09%	0.41%	0.09%
	CNP	C	0.04%	0.09%	0.04%
	COP	F	0.27%	0.63%	0.27%
	COST	C	0.84%	0.73%	0.73%
	CPAY	B	0.05%	0.05%	0.05%
	CPB	C	0.02%	0.03%	0.02%
	CPRT	D	0.09%	0.03%	0.03%
	CRM	C	0.52%	0.44%	0.44%
	CSCO	B	0.43%	0.69%	0.43%
	CSGP	D	0.07%	0.02%	0.02%
	CSX	C	0.14%	0.21%	0.14%
	CTAS	C	0.15%	0.06%	0.06%
	CTRA	F	0.04%	0.11%	0.04%
	CTSH	B	0.08%	0.14%	0.08%
	CTVA	B	0.09%	0.14%	0.09%
	CVS	D	0.15%	1.07%	0.15%
	CVX	F	0.52%	1.5%	0.52%
	CZR	C	0.02%	0.05%	0.02%
	DAL	C	0.06%	0.05%	0.05%
	DD	B	0.08%	0.16%	0.08%
	DE	A	0.22%	0.39%	0.22%
	DECK	C	0.05%	0.03%	0.03%
	DG	F	0.04%	0.08%	0.04%
	DGX	B	0.04%	0.07%	0.04%
	DHI	C	0.13%	0.2%	0.13%
	DHR	B	0.38%	0.26%	0.26%
	DIS	D	0.36%	0.48%	0.36%
	DLTR	F	0.03%	0.07%	0.03%
	DOV	B	0.06%	0.05%	0.05%
	DOW	C	0.08%	0.23%	0.08%
	DRI	C	0.04%	0.07%	0.04%
	DTE	A	0.05%	0.1%	0.05%
	DVA	B	0.02%	0.05%	0.02%
	DVN	F	0.05%	0.12%	0.05%
	DXCM	F	0.06%	0.02%	0.02%
	EA	D	0.07%	0.09%	0.07%
	EBAY	B	0.07%	0.13%	0.07%
	ECL	B	0.13%	0.08%	0.08%
	ED	B	0.08%	0.15%	0.08%
	EFX	C	0.08%	0.04%	0.04%
	EG	B	0.04%	0.1%	0.04%
	EL	D	0.04%	0.06%	0.04%
	ELV	D	0.26%	0.52%	0.26%
	EMN	B	0.03%	0.06%	0.03%
	EMR	D	0.13%	0.13%	0.13%
	EOG	D	0.15%	0.31%	0.15%
	EQIX	B	0.17%	0.1%	0.1%
	EQT	C	0.04%	0.08%	0.04%
	ETN	C	0.27%	0.15%	0.15%
	EW	F	0.09%	0.04%	0.04%
	EXC	B	0.08%	0.18%	0.08%
	EXPD	B	0.04%	0.09%	0.04%
	EXPE	C	0.04%	0.12%	0.04%
	F	F	0.09%	0.55%	0.09%
	FANG	F	0.07%	0.15%	0.07%
	FAST	C	0.09%	0.06%	0.06%
	FCX	C	0.13%	0.15%	0.13%
	FDX	D	0.14%	0.35%	0.14%
	FE	B	0.05%	0.09%	0.05%
	FFIV	B	0.03%	0.03%	0.03%
	FOXA	B	0.02%	0.14%	0.02%
	FSLR	C	0.05%	0.04%	0.04%
	FTNT	B	0.1%	0.06%	0.06%
	FTV	C	0.06%	0.06%	0.06%
	GD	C	0.15%	0.2%	0.15%
	GDDY	C	0.05%	0.04%	0.04%
	GE	C	0.42%	0.43%	0.42%
	GEHC	B	0.08%	0.07%	0.07%
	GILD	B	0.22%	0.37%	0.22%
	GIS	B	0.09%	0.16%	0.09%
	GLW	B	0.07%	0.12%	0.07%
	GM	C	0.12%	0.82%	0.12%
	GOOGL	D	1.99%	3.44%	1.99%
	GPC	D	0.04%	0.07%	0.04%
	GRMN	D	0.06%	0.04%	0.04%
	GWW	B	0.1%	0.08%	0.08%
	HAL	F	0.06%	0.09%	0.06%
	HAS	B	0.02%	0.03%	0.02%
	HCA	B	0.16%	0.27%	0.16%
	HD	B	0.81%	0.9%	0.81%
	HES	F	0.08%	0.08%	0.08%
	HIG	B	0.08%	0.18%	0.08%
	HII	F	0.02%	0.04%	0.02%
	HLT	B	0.12%	0.09%	0.09%
	HOLX	D	0.04%	0.05%	0.04%
	HON	C	0.28%	0.29%	0.28%
	HPE	C	0.05%	0.2%	0.05%
	HPQ	C	0.06%	0.18%	0.06%
	HRL	F	0.02%	0.06%	0.02%
	HSIC	C	0.02%	0.04%	0.02%
	HST	D	0.03%	0.04%	0.03%
	HSY	D	0.06%	0.07%	0.06%
	HUBB	B	0.05%	0.03%	0.03%
	HUM	F	0.08%	0.28%	0.08%
	HWM	B	0.08%	0.05%	0.05%
	IBM	B	0.42%	0.57%	0.42%
	IFF	A	0.06%	0.09%	0.06%
	INTC	D	0.19%	0.42%	0.19%
	INTU	D	0.37%	0.19%	0.19%
	IP	C	0.04%	0.12%	0.04%
	IPG	C	0.03%	0.05%	0.03%
	IQV	D	0.09%	0.08%	0.08%
	IR	B	0.08%	0.06%	0.06%
	IRM	C	0.07%	0.06%	0.06%
	ISRG	C	0.36%	0.12%	0.12%
	IT	C	0.08%	0.04%	0.04%
	ITW	B	0.14%	0.14%	0.14%
	J	A	0.04%	0.07%	0.04%
	JBHT	D	0.03%	0.05%	0.03%
	JBL	C	0.03%	0.11%	0.03%
	JCI	B	0.1%	0.16%	0.1%
	JNJ	C	0.84%	0.96%	0.84%
	JNPR	A	0.03%	0.05%	0.03%
	K	A	0.05%	0.08%	0.05%
	KDP	B	0.08%	0.13%	0.08%
	KEYS	B	0.06%	0.05%	0.05%
	KHC	C	0.06%	0.25%	0.06%
	KLAC	D	0.21%	0.13%	0.13%
	KMB	C	0.1%	0.11%	0.1%
	KMI	C	0.09%	0.22%	0.09%
	KMX	D	0.03%	0.08%	0.03%
	KO	B	0.59%	0.5%	0.5%
	KR	B	0.08%	0.35%	0.08%
	LDOS	A	0.04%	0.06%	0.04%
	LEN	B	0.1%	0.22%	0.1%
	LHX	C	0.09%	0.14%	0.09%
	LIN	B	0.47%	0.42%	0.42%
	LKQ	F	0.02%	0.06%	0.02%
	LLY	D	1.53%	0.27%	0.27%
	LMT	A	0.26%	0.51%	0.26%
	LOW	B	0.31%	0.48%	0.31%
	LRCX	D	0.21%	0.16%	0.16%
	LULU	D	0.06%	0.04%	0.04%
	LUV	C	0.04%	0.03%	0.03%
	LVS	C	0.03%	0.06%	0.03%
	LYB	D	0.05%	0.15%	0.05%
	LYV	A	0.03%	0.04%	0.03%
	MA	B	0.86%	0.44%	0.44%
	MAR	B	0.12%	0.15%	0.12%
	MAS	B	0.04%	0.04%	0.04%
	MCD	B	0.44%	0.3%	0.3%
	MCHP	D	0.09%	0.09%	0.09%
	MCK	F	0.14%	0.49%	0.14%
	MCO	C	0.16%	0.07%	0.07%
	MDLZ	C	0.21%	0.26%	0.21%
	MDT	B	0.25%	0.36%	0.25%
	META	B	2.5%	2.24%	2.24%
	MGM	D	0.02%	0.08%	0.02%
	MHK	B	0.02%	0.06%	0.02%
	MKC	C	0.04%	0.05%	0.04%
	MLM	D	0.07%	0.05%	0.05%
	MMC	C	0.24%	0.17%	0.17%
	MMM	B	0.16%	0.29%	0.16%
	MNST	D	0.08%	0.04%	0.04%
	MO	C	0.18%	0.32%	0.18%
	MOH	D	0.04%	0.08%	0.04%
	MOS	F	0.02%	0.1%	0.02%
	MPC	F	0.12%	0.67%	0.12%
	MRK	F	0.63%	0.47%	0.47%
	MRNA	F	0.05%	0.03%	0.03%
	MRO	D	0.04%	0.13%	0.04%
	MSCI	C	0.09%	0.04%	0.04%
	MSFT	C	6.78%	2.83%	2.83%
	MSI	B	0.15%	0.08%	0.08%
	MTD	C	0.06%	0.04%	0.04%
	MU	D	0.2%	0.2%	0.2%
	NCLH	B	0.02%	0.04%	0.02%
	NDAQ	C	0.06%	0.05%	0.05%
	NEM	C	0.13%	0.17%	0.13%
	NFLX	B	0.63%	0.28%	0.28%
	NKE	D	0.21%	0.31%	0.21%
	NOC	B	0.15%	0.22%	0.15%
	NOW	C	0.38%	0.09%	0.09%
	NRG	B	0.04%	0.07%	0.04%
	NSC	C	0.12%	0.15%	0.12%
	NTAP	D	0.05%	0.06%	0.05%
	NUE	D	0.07%	0.21%	0.07%
	NVDA	C	5.9%	0.84%	0.84%
	NVR	B	0.06%	0.08%	0.06%
	NWSA	D	0.02%	0.06%	0.02%
	ODFL	D	0.08%	0.05%	0.05%
	OKE	C	0.12%	0.14%	0.12%
	OMC	B	0.04%	0.07%	0.04%
	ON	D	0.06%	0.07%	0.06%
	ORCL	B	0.55%	0.32%	0.32%
	ORLY	B	0.14%	0.13%	0.13%
	OTIS	B	0.08%	0.06%	0.06%
	OXY	F	0.07%	0.28%	0.07%
	PANW	D	0.22%	0.06%	0.06%
	PARA	D	0.01%	0.11%	0.01%
	PAYX	C	0.09%	0.06%	0.06%
	PCAR	D	0.11%	0.15%	0.11%
	PEP	D	0.51%	0.45%	0.45%
	PFE	D	0.35%	0.72%	0.35%
	PG	C	0.86%	0.77%	0.77%
	PGR	C	0.32%	0.3%	0.3%
	PH	B	0.17%	0.13%	0.13%
	PHM	B	0.07%	0.11%	0.07%
	PKG	B	0.04%	0.06%	0.04%
	PM	C	0.4%	0.35%	0.35%
	POOL	C	0.03%	0.03%	0.03%
	PPG	C	0.06%	0.08%	0.06%
	PPL	A	0.05%	0.09%	0.05%
	PSA	C	0.12%	0.15%	0.12%
	PSX	F	0.12%	0.47%	0.12%
	PWR	B	0.08%	0.07%	0.07%
	PYPL	B	0.16%	0.32%	0.16%
	QCOM	D	0.4%	0.33%	0.33%
	QRVO	F	0.02%	0.04%	0.02%
	RCL	B	0.08%	0.08%	0.08%
	REGN	D	0.26%	0.2%	0.2%
	RL	B	0.02%	0.04%	0.02%
	RMD	C	0.07%	0.04%	0.04%
	ROK	D	0.06%	0.05%	0.05%
	ROP	C	0.12%	0.07%	0.07%
	ROST	C	0.11%	0.11%	0.11%
	RSG	D	0.09%	0.07%	0.07%
	RTX	B	0.33%	0.67%	0.33%
	SBAC	C	0.06%	0.04%	0.04%
	SBUX	C	0.23%	0.21%	0.21%
	SHW	B	0.18%	0.14%	0.14%
	SJM	C	0.03%	0.07%	0.03%
	SLB	F	0.12%	0.17%	0.12%
	SNA	B	0.03%	0.05%	0.03%
	SNPS	F	0.16%	0.06%	0.06%
	STE	B	0.05%	0.04%	0.04%
	STLD	C	0.04%	0.12%	0.04%
	STX	B	0.04%	0.04%	0.04%
	STZ	C	0.09%	0.11%	0.09%
	SW	B	0.05%	0.08%	0.05%
	SWK	B	0.03%	0.09%	0.03%
	SWKS	F	0.03%	0.06%	0.03%
	SYK	C	0.26%	0.14%	0.14%
	SYY	C	0.08%	0.19%	0.08%
	T	B	0.33%	1.31%	0.33%
	TAP	D	0.02%	0.08%	0.02%
	TDG	B	0.16%	0.05%	0.05%
	TDY	B	0.04%	0.04%	0.04%
	TEL	D	0.1%	0.13%	0.1%
	TER	C	0.04%	0.03%	0.03%
	TGT	C	0.15%	0.32%	0.15%
	TJX	C	0.28%	0.28%	0.28%
	TMO	B	0.49%	0.37%	0.37%
	TMUS	B	0.22%	0.35%	0.22%
	TPR	A	0.02%	0.05%	0.02%
	TRGP	C	0.07%	0.11%	0.07%
	TROW	C	0.05%	0.07%	0.05%
	TRV	C	0.12%	0.27%	0.12%
	TSCO	B	0.06%	0.07%	0.06%
	TSLA	C	1.33%	0.53%	0.53%
	TSN	D	0.04%	0.17%	0.04%
	TT	B	0.18%	0.11%	0.11%
	TTWO	D	0.05%	0.03%	0.03%
	TXN	B	0.38%	0.28%	0.28%
	TXT	D	0.04%	0.07%	0.04%
	UAL	B	0.04%	0.05%	0.04%
	UBER	C	0.32%	0.12%	0.12%
	UHS	C	0.03%	0.08%	0.03%
	ULTA	D	0.04%	0.06%	0.04%
	UNH	C	1.13%	1.54%	1.13%
	UNP	D	0.32%	0.27%	0.27%
	UPS	D	0.2%	0.44%	0.2%
	URI	B	0.11%	0.14%	0.11%
	V	C	0.96%	0.66%	0.66%
	VLO	F	0.09%	0.46%	0.09%
	VMC	C	0.07%	0.05%	0.05%
	VRSK	D	0.08%	0.08%	0.08%
	VRSN	C	0.03%	0.03%	0.03%
	VRTX	D	0.26%	0.11%	0.11%
	VST	B	0.06%	0.13%	0.06%
	VTRS	D	0.03%	0.13%	0.03%
	VZ	A	0.39%	1.22%	0.39%
	WAB	B	0.07%	0.07%	0.07%
	WBA	F	0.01%	0.13%	0.01%
	WBD	D	0.04%	0.24%	0.04%
	WDC	C	0.04%	0.04%	0.04%
	WM	D	0.16%	0.15%	0.15%
	WMT	B	0.72%	1.21%	0.72%
	WRB	D	0.04%	0.07%	0.04%
	WST	D	0.05%	0.02%	0.02%
	WTW	B	0.07%	0.1%	0.07%
	WY	C	0.05%	0.07%	0.05%
	XEL	B	0.08%	0.16%	0.08%
	XOM	D	1.08%	2.3%	1.08%
	XYL	C	0.07%	0.04%	0.04%
	YUM	B	0.08%	0.03%	0.03%
	ZBH	F	0.05%	0.07%	0.05%
	ZTS	B	0.19%	0.1%	0.1%

PTLC Overweight 130 Positions Relative to IUS

	Symbol	Grade	Weight
	GOOG	D	1.66%
	JPM	D	1.26%
	BAC	D	0.57%
	WFC	D	0.4%
	NEE	B	0.36%
	SPGI	C	0.35%
	GS	B	0.33%
	BLK	B	0.27%
	MS	B	0.26%
	PLD	C	0.25%
	C	C	0.24%
	ADI	C	0.23%
	AMT	C	0.23%
	SO	B	0.21%
	ICE	C	0.2%
	SCHW	D	0.2%
	DUK	B	0.19%
	KKR	B	0.18%
	CME	B	0.17%
	WELL	C	0.16%
	USB	C	0.15%
	PNC	C	0.15%
	NXPI	D	0.13%
	CRWD	D	0.13%
	AJG	D	0.13%
	GEV	B	0.13%
	WMB	C	0.12%
	COF	B	0.12%
	AFL	A	0.12%
	TFC	D	0.12%
	AIG	D	0.11%
	DLR	B	0.11%
	CCI	C	0.11%
	SRE	B	0.11%
	BK	B	0.11%
	AEP	C	0.11%
	O	B	0.11%
	SPG	B	0.11%
	FIS	C	0.1%
	MET	B	0.1%
	FICO	B	0.1%
	D	C	0.1%
	PCG	C	0.09%
	PEG	B	0.09%
	MPWR	B	0.09%
	IDXX	D	0.09%
	PRU	C	0.09%
	KVUE	B	0.09%
	AMP	B	0.09%
	EXR	C	0.08%
	EIX	B	0.07%
	AVB	C	0.07%
	VICI	C	0.07%
	DFS	C	0.07%
	EQR	C	0.06%
	AXON	B	0.06%
	ETR	A	0.06%
	MTB	C	0.06%
	GPN	D	0.06%
	AWK	C	0.06%
	FITB	B	0.06%
	WEC	B	0.06%
	RF	B	0.05%
	SMCI	F	0.05%
	AEE	B	0.05%
	RJF	C	0.05%
	ES	B	0.05%
	VLTO	B	0.05%
	TYL	C	0.05%
	STT	B	0.05%
	VTR	C	0.05%
	PODD	C	0.04%
	FDS	C	0.04%
	ZBRA	B	0.04%
	PFG	B	0.04%
	NTRS	C	0.04%
	MAA	C	0.04%
	ARE	C	0.04%
	CFG	D	0.04%
	WAT	B	0.04%
	ESS	C	0.04%
	ATO	B	0.04%
	SYF	C	0.04%
	INVH	D	0.04%
	PTC	C	0.04%
	HBAN	B	0.04%
	REG	C	0.03%
	TECH	C	0.03%
	INCY	C	0.03%
	ALLE	B	0.03%
	JKHY	B	0.03%
	CPT	C	0.03%
	NDSN	C	0.03%
	UDR	C	0.03%
	ROL	C	0.03%
	NI	B	0.03%
	EVRG	B	0.03%
	DPZ	D	0.03%
	TRMB	C	0.03%
	KIM	C	0.03%
	L	D	0.03%
	LNT	A	0.03%
	IEX	C	0.03%
	PNR	B	0.03%
	KEY	C	0.03%
	DOC	B	0.03%
	ENPH	D	0.03%
	BIO	C	0.02%
	IVZ	B	0.02%
	WYNN	C	0.02%
	FMC	B	0.02%
	PAYC	D	0.02%
	FRT	C	0.02%
	GNRC	D	0.02%
	DAY	D	0.02%
	GL	D	0.02%
	LW	D	0.02%
	MKTX	D	0.02%
	SOLV	D	0.02%
	MTCH	C	0.02%
	PNW	C	0.02%
	CRL	F	0.02%
	CTLT	B	0.02%
	TFX	B	0.02%
	EPAM	F	0.02%
	BXP	C	0.02%
	NWS	D	0.01%
	FOX	B	0.01%
	ETSY	D	0.01%
	BBWI	D	0.01%

PTLC Underweight 175 Positions Relative to IUS

	Symbol	Grade	Weight
	LUMN	C	-0.4%
	LNG	D	-0.21%
	DELL	C	-0.21%
	SNX	C	-0.12%
	ACI	F	-0.12%
	PFGC	B	-0.11%
	USFD	C	-0.1%
	ARW	B	-0.1%
	FLEX	B	-0.1%
	DINO	F	-0.1%
	MELI	C	-0.1%
	RGA	C	-0.1%
	UNFI	B	-0.09%
	X	F	-0.09%
	MKL	C	-0.09%
	SNEX	C	-0.09%
	OVV	F	-0.08%
	CHK	C	-0.08%
	MRVL	D	-0.08%
	RS	D	-0.08%
	SQ	D	-0.08%
	DXC	D	-0.08%
	ZIM	B	-0.08%
	THC	C	-0.08%
	TX	D	-0.08%
	WHR	C	-0.07%
	CAR	D	-0.07%
	DKS	D	-0.07%
	BERY	B	-0.07%
	TOL	A	-0.07%
	JLL	B	-0.07%
	R	C	-0.07%
	LAD	B	-0.07%
	CPNG	B	-0.06%
	VFC	B	-0.06%
	AVT	B	-0.06%
	AN	C	-0.06%
	DASH	B	-0.06%
	LEA	D	-0.06%
	CLF	F	-0.06%
	RNR	B	-0.06%
	PBF	F	-0.06%
	OC	C	-0.06%
	SATS	C	-0.06%
	ORI	B	-0.06%
	WCN	D	-0.06%
	MAN	C	-0.05%
	KSS	D	-0.05%
	TMHC	B	-0.05%
	LPLA	D	-0.05%
	BJ	D	-0.05%
	WCC	C	-0.05%
	CASY	D	-0.05%
	ZM	C	-0.05%
	KNX	C	-0.05%
	CSL	B	-0.05%
	CCK	B	-0.05%
	TPG	C	-0.05%
	AFG	C	-0.05%
	OMF	D	-0.05%
	ARMK	B	-0.05%
	ACM	B	-0.05%
	GPI	B	-0.05%
	SSNC	C	-0.05%
	MUSA	D	-0.05%
	LBRDK	C	-0.05%
	SWN	C	-0.05%
	M	F	-0.05%
	WDAY	D	-0.05%
	ILMN	D	-0.04%
	UFPI	C	-0.04%
	GT	F	-0.04%
	POST	B	-0.04%
	HTZ	F	-0.04%
	SCI	C	-0.04%
	CIVI	F	-0.04%
	HUN	C	-0.04%
	SKX	C	-0.04%
	FYBR	C	-0.04%
	INGR	B	-0.04%
	BECN	F	-0.04%
	ANDE	D	-0.04%
	CPRI	D	-0.04%
	PVH	D	-0.04%
	FLR	D	-0.04%
	TDS	B	-0.04%
	UTHR	B	-0.04%
	PENN	D	-0.04%
	RH	C	-0.04%
	GPK	C	-0.04%
	RRX	C	-0.04%
	AR	C	-0.04%
	FAF	B	-0.04%
	CHRD	F	-0.04%
	ABG	D	-0.04%
	CMC	D	-0.04%
	H	B	-0.04%
	AGCO	D	-0.04%
	CNX	B	-0.04%
	NXST	D	-0.04%
	THO	C	-0.04%
	APP	C	-0.04%
	EME	B	-0.04%
	DOX	C	-0.04%
	BTU	C	-0.04%
	WSM	C	-0.04%
	BURL	C	-0.04%
	KBH	C	-0.04%
	COHR	C	-0.04%
	OLN	D	-0.04%
	TWLO	C	-0.04%
	UGI	B	-0.04%
	MTDR	F	-0.03%
	PR	F	-0.03%
	WU	C	-0.03%
	OSK	F	-0.03%
	IAC	C	-0.03%
	SON	D	-0.03%
	SM	F	-0.03%
	SIG	C	-0.03%
	MTN	D	-0.03%
	DK	F	-0.03%
	RRC	D	-0.03%
	GXO	D	-0.03%
	DAR	F	-0.03%
	SNOW	F	-0.03%
	TNET	F	-0.03%
	NFG	B	-0.03%
	CVI	F	-0.03%
	KD	F	-0.03%
	RHI	D	-0.03%
	TW	B	-0.03%
	GAP	F	-0.03%
	ADNT	D	-0.03%
	TGNA	C	-0.03%
	SAIC	C	-0.03%
	FTI	D	-0.03%
	ASO	D	-0.03%
	VVV	D	-0.03%
	WSC	D	-0.03%
	JHG	B	-0.03%
	NWL	C	-0.03%
	AMKR	F	-0.03%
	OGS	B	-0.03%
	BCC	C	-0.03%
	ALV	F	-0.03%
	MTH	C	-0.03%
	NSIT	C	-0.03%
	NU	C	-0.03%
	JAZZ	D	-0.03%
	BC	C	-0.03%
	MUR	F	-0.03%
	WSO	C	-0.03%
	HRB	C	-0.03%
	AA	C	-0.03%
	AMG	C	-0.03%
	PII	D	-0.03%
	CACI	B	-0.03%
	HOG	C	-0.03%
	BAH	B	-0.03%
	RPM	B	-0.03%
	AVTR	C	-0.03%
	ATKR	F	-0.02%
	ODP	F	-0.02%
	AAP	F	-0.02%
	DAN	D	-0.02%
	HP	F	-0.02%
	CNM	F	-0.02%
	ELAN	D	-0.02%
	ARCH	D	-0.02%
	PRGO	F	-0.02%
	AMR	D	-0.02%
	XRX	D	-0.02%
	NOV	F	-0.02%
	PINS	D	-0.02%

PTLC: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies Credit Services Health Care Plans Household & Personal Products Information Technology Services

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

IUS: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Software - Application Specialty Retail Diversified Industrials Information Technology Services Semiconductors Business Services Packaged Foods Specialty Chemicals Drug Manufacturers - Major Packaging & Containers Aerospace & Defense Diagnostics & Research Insurance - Property & Casualty Oil & Gas Refining & Marketing Residential Construction Telecom Services Auto Parts Health Care Plans Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electronics Dow Jones Component Insurance Mining Aerospace Chemical Telecommunications Semiconductor Transport Medicine Petroleum Industry Retailing Electricity Building Materials Beverage Plastic