PY vs. QARP ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Xtrackers Russell 1000 US QARP ETF (QARP)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

3,299

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	PY	QARP
30 Days	4.03%	3.81%
60 Days	5.45%	3.83%
90 Days	7.68%	5.70%
12 Months	30.80%	26.96%

65 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in QARP	Overlap
AAPL	C	3.82%	4.93%	3.82%
ACN	C	1.18%	1.17%	1.17%
ADM	D	0.65%	0.27%	0.27%
ADP	B	1.01%	0.21%	0.21%
AOS	F	0.66%	0.06%	0.06%
BBWI	D	0.75%	0.02%	0.02%
BKR	B	0.94%	0.1%	0.1%
BMY	B	1.05%	0.62%	0.62%
CAT	B	1.18%	0.66%	0.66%
CF	B	0.77%	0.13%	0.13%
CI	F	0.81%	0.55%	0.55%
CINF	A	0.79%	0.09%	0.09%
CMCSA	B	1.09%	0.86%	0.86%
CSX	B	0.86%	0.06%	0.06%
CTSH	B	0.8%	0.29%	0.29%
CVS	D	0.78%	0.19%	0.19%
CVX	A	1.35%	1.54%	1.35%
DD	D	0.78%	0.02%	0.02%
DE	A	0.91%	0.25%	0.25%
DRI	B	0.76%	0.13%	0.13%
EBAY	D	0.77%	0.09%	0.09%
EG	C	0.68%	0.06%	0.06%
FANG	D	0.75%	0.19%	0.19%
FDX	B	0.83%	0.33%	0.33%
FOXA	B	0.83%	0.03%	0.03%
GIS	D	0.65%	0.09%	0.09%
GPC	D	0.66%	0.07%	0.07%
HAL	C	0.76%	0.06%	0.06%
HD	A	1.58%	1.98%	1.58%
HPQ	B	0.79%	0.08%	0.08%
HSY	F	0.66%	0.08%	0.08%
ITW	B	0.9%	0.31%	0.31%
KMB	D	0.69%	0.16%	0.16%
KR	B	0.84%	0.29%	0.29%
LMT	D	0.88%	0.71%	0.71%
LOW	D	1.06%	0.77%	0.77%
LYB	F	0.64%	0.09%	0.09%
MMC	B	0.88%	0.56%	0.56%
MO	A	0.89%	0.64%	0.64%
MPC	D	0.75%	0.26%	0.26%
MRO	B	0.76%	0.11%	0.11%
MSFT	F	3.5%	2.01%	2.01%
NKE	D	0.82%	0.31%	0.31%
NVDA	C	3.38%	0.18%	0.18%
OTIS	C	0.82%	0.04%	0.04%
OXY	D	0.72%	0.06%	0.06%
PAYX	C	0.85%	0.19%	0.19%
PSX	C	0.79%	0.12%	0.12%
QCOM	F	1.07%	0.25%	0.25%
RL	B	0.84%	0.05%	0.05%
ROK	B	0.82%	0.09%	0.09%
SLB	C	0.85%	0.14%	0.14%
SNA	A	0.93%	0.12%	0.12%
SPG	B	0.85%	0.2%	0.2%
STLD	B	0.88%	0.25%	0.25%
SWKS	F	0.6%	0.08%	0.08%
SYF	B	0.97%	0.14%	0.14%
SYY	B	0.72%	0.33%	0.33%
TAP	C	0.78%	0.03%	0.03%
TJX	A	0.98%	0.82%	0.82%
TT	A	1.0%	0.08%	0.08%
VICI	C	0.7%	0.08%	0.08%
VLO	C	0.8%	0.18%	0.18%
WTW	B	0.79%	0.03%	0.03%
XOM	B	1.82%	3.2%	1.82%

PY Overweight 40 Positions Relative to QARP

Symbol	Grade	Weight
AVGO	D	2.35%
WFC	A	1.43%
MS	A	1.26%
AXP	A	1.13%
DFS	B	1.0%
RTX	C	1.0%
AMP	A	0.99%
TRGP	B	0.97%
PNC	B	0.96%
EQT	B	0.94%
BK	A	0.91%
CB	C	0.91%
HPE	B	0.88%
PNR	A	0.87%
TRV	B	0.86%
RF	A	0.85%
FITB	A	0.85%
MET	A	0.85%
PRU	A	0.84%
PLD	D	0.82%
AIG	B	0.81%
NDAQ	A	0.8%
BR	A	0.79%
AIZ	A	0.78%
MDLZ	F	0.77%
BEN	C	0.77%
AVB	B	0.75%
HIG	B	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
EMN	D	0.72%
ESS	B	0.72%
MAA	B	0.7%
CPT	B	0.69%
INVH	D	0.67%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%

PY Underweight 280 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	B	-5.26%
META	D	-5.09%
AMZN	C	-3.85%
WMT	A	-3.0%
GOOGL	C	-2.38%
UNH	C	-2.36%
COST	B	-2.35%
JNJ	D	-2.35%
GOOG	C	-2.15%
CSCO	B	-1.97%
V	A	-1.84%
MA	C	-1.57%
PG	A	-1.38%
MCK	B	-1.18%
ADBE	C	-0.87%
TSLA	B	-0.83%
BKNG	A	-0.81%
COP	C	-0.78%
T	A	-0.72%
AMAT	F	-0.71%
VZ	C	-0.67%
PM	B	-0.56%
EOG	A	-0.51%
SBUX	A	-0.51%
PFE	D	-0.47%
ELV	F	-0.46%
LRCX	F	-0.42%
CAH	B	-0.4%
LEN	D	-0.4%
COR	B	-0.4%
UPS	C	-0.4%
MCD	D	-0.38%
ORLY	B	-0.37%
NUE	C	-0.37%
TXN	C	-0.36%
MU	D	-0.35%
AON	A	-0.34%
PYPL	B	-0.34%
MCO	B	-0.33%
AZO	C	-0.33%
GILD	C	-0.32%
TGT	F	-0.32%
MRK	F	-0.32%
HUM	C	-0.32%
DHI	D	-0.31%
PSA	D	-0.31%
GWW	B	-0.28%
HCA	F	-0.26%
CMI	A	-0.26%
TROW	B	-0.25%
REGN	F	-0.25%
ROST	C	-0.25%
CNC	D	-0.24%
GM	B	-0.24%
PCAR	B	-0.23%
VST	B	-0.23%
NVR	D	-0.23%
ACGL	D	-0.23%
ABNB	C	-0.23%
CL	D	-0.22%
FTNT	C	-0.22%
FAST	B	-0.22%
ABT	B	-0.22%
MSCI	C	-0.22%
DAL	C	-0.22%
BBY	D	-0.22%
URI	B	-0.22%
GEV	B	-0.21%
PHM	D	-0.21%
WSM	B	-0.21%
KVUE	A	-0.21%
EA	A	-0.21%
LPLA	A	-0.2%
VRTX	F	-0.2%
ISRG	A	-0.18%
ODFL	B	-0.18%
EXPE	B	-0.17%
RS	B	-0.17%
LULU	C	-0.17%
EME	C	-0.16%
BLDR	D	-0.16%
KLAC	D	-0.16%
DVN	F	-0.16%
COF	B	-0.16%
FCNCA	A	-0.15%
GRMN	B	-0.15%
TSCO	D	-0.15%
ULTA	F	-0.14%
GEHC	F	-0.14%
MNST	C	-0.14%
CASY	A	-0.13%
DECK	A	-0.13%
ANET	C	-0.13%
OC	A	-0.13%
EXPD	D	-0.13%
CHTR	C	-0.13%
CTRA	B	-0.12%
TPR	B	-0.12%
UNP	C	-0.12%
MAR	B	-0.12%
KEYS	A	-0.12%
CMG	B	-0.11%
BJ	A	-0.11%
UAL	A	-0.11%
MTG	C	-0.11%
EVR	B	-0.11%
MMM	D	-0.11%
CPNG	D	-0.1%
FDS	B	-0.1%
UTHR	C	-0.1%
SOLV	C	-0.1%
LUV	C	-0.1%
MTD	D	-0.09%
LYV	A	-0.09%
DKS	C	-0.09%
A	D	-0.09%
AMG	B	-0.09%
CBRE	B	-0.09%
ATO	A	-0.08%
CBOE	B	-0.08%
LNG	B	-0.08%
FICO	B	-0.08%
HRB	D	-0.08%
WY	D	-0.08%
CTAS	B	-0.08%
WSO	A	-0.08%
INTC	D	-0.08%
WST	C	-0.08%
PFGC	B	-0.08%
ADI	D	-0.08%
DOX	D	-0.07%
DOW	F	-0.07%
NTAP	C	-0.07%
CLX	B	-0.07%
DLTR	F	-0.07%
CPRT	A	-0.07%
GGG	B	-0.07%
RHI	B	-0.07%
SPGI	C	-0.07%
LH	C	-0.07%
SEIC	B	-0.07%
AMD	F	-0.07%
MAS	D	-0.07%
TOL	B	-0.07%
AYI	B	-0.07%
RNR	C	-0.06%
ACI	C	-0.06%
EXP	A	-0.06%
AGCO	D	-0.06%
PGR	A	-0.06%
TXRH	C	-0.06%
TXT	D	-0.06%
SKX	D	-0.06%
MOH	F	-0.06%
K	A	-0.06%
EW	C	-0.06%
PWR	A	-0.06%
FFIV	B	-0.06%
PKG	A	-0.06%
JBL	B	-0.06%
VRSN	F	-0.06%
INCY	C	-0.06%
COIN	C	-0.06%
BWA	D	-0.06%
POOL	C	-0.06%
BX	A	-0.06%
CHRW	C	-0.06%
ADSK	A	-0.06%
ALK	C	-0.05%
LVS	C	-0.05%
BLD	D	-0.05%
MRNA	F	-0.05%
IP	B	-0.05%
JKHY	D	-0.05%
APTV	D	-0.05%
LSTR	D	-0.05%
JBHT	C	-0.05%
CCL	B	-0.05%
CSL	C	-0.05%
ORCL	B	-0.05%
UHS	D	-0.05%
ITT	A	-0.05%
ALGN	D	-0.05%
FIX	A	-0.05%
SAIA	B	-0.05%
CLF	F	-0.05%
MGM	D	-0.05%
MKTX	D	-0.05%
YUM	B	-0.05%
MUSA	A	-0.05%
OSK	B	-0.04%
NYT	C	-0.04%
MCHP	D	-0.04%
X	C	-0.04%
AAL	B	-0.04%
ACM	A	-0.04%
CHE	D	-0.04%
ROL	B	-0.04%
FCX	D	-0.04%
USFD	A	-0.04%
KNSL	B	-0.04%
LPX	B	-0.04%
ARMK	B	-0.04%
WYNN	D	-0.04%
ALSN	B	-0.04%
LEA	D	-0.04%
TSN	B	-0.04%
CNP	B	-0.04%
PAYC	B	-0.04%
GNTX	C	-0.04%
COKE	C	-0.04%
EPAM	C	-0.04%
LECO	B	-0.04%
CNM	D	-0.04%
MOS	F	-0.04%
BURL	A	-0.04%
FND	C	-0.04%
CHRD	D	-0.04%
DBX	B	-0.04%
ON	D	-0.04%
INGR	B	-0.04%
DCI	B	-0.04%
WBD	C	-0.04%
HOLX	D	-0.04%
HLI	B	-0.04%
OLN	D	-0.03%
WAT	B	-0.03%
AMGN	D	-0.03%
SJM	D	-0.03%
PINC	B	-0.03%
MTZ	B	-0.03%
FCN	D	-0.03%
RLI	B	-0.03%
G	B	-0.03%
MSM	C	-0.03%
PVH	C	-0.03%
GLPI	C	-0.03%
KNX	B	-0.03%
THO	B	-0.03%
VVV	F	-0.03%
TER	D	-0.03%
RPRX	D	-0.03%
GAP	C	-0.03%
DPZ	C	-0.03%
LOPE	B	-0.03%
OVV	B	-0.03%
JHG	A	-0.03%
DGX	A	-0.03%
MEDP	D	-0.03%
LLY	F	-0.03%
HST	C	-0.03%
LAMR	D	-0.03%
JNPR	F	-0.03%
J	F	-0.03%
EXEL	B	-0.03%
AMCR	D	-0.03%
BIIB	F	-0.02%
DINO	D	-0.02%
CDW	F	-0.02%
ABBV	D	-0.02%
NEU	C	-0.02%
HII	D	-0.02%
FIVE	F	-0.02%
CDNS	B	-0.02%
CE	F	-0.02%
CPB	D	-0.02%
AR	B	-0.02%
TTEK	F	-0.02%
APA	D	-0.02%
M	D	-0.02%
LKQ	D	-0.02%
MHK	D	-0.02%
CTVA	C	-0.02%
EL	F	-0.02%
CROX	D	-0.02%
ALB	C	-0.02%
SSD	D	-0.02%
PII	D	-0.02%
CRUS	D	-0.02%
IWB	A	-0.0%